Search found 4506 matches

by Sheepdog
Sun Feb 26, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Train Trip
Replies: 17
Views: 1282

Re: Train Trip

In my lifetime, I have taken many train trips local and cross country, but most of that was when train travel was the norm. (In my teens, my father worked on the railroad so he and/or his family members had free passes. As I teen, I could get on the train by myself almost anytime, ride for a few hun...
by Sheepdog
Sun Feb 26, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: Compounding under the microscope.
Replies: 36
Views: 2459

Re: Compounding under the microscope.

We all know it's not magic and it's just math, but where does the 'magic' come from? This 'ability to shrink time' is what's perceived/imagined to be 'magic'. Nothing wrong with that. No compounding is not magic, it's just math, but when you see the result over time, it's vision stands out. When I ...
by Sheepdog
Sat Feb 25, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Kids in Apartment Sharing Bedroom - Workable?
Replies: 55
Views: 3306

Re: Kids in Apartment Sharing Bedroom - Workable?

I shared a bedroom with my brother for 15+ years and was fine we actually were closer later in life. +1 My brother and I also shared a bedroom for years. Was very normal. I did it with my sister until she moved out at age 20. And we had one small closet and one chest of drawers and room under our t...
by Sheepdog
Sat Feb 25, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Oscillating withdrawal rate - OWR
Replies: 10
Views: 751

Re: Oscillating withdrawal rate - OWR

Swampy, we may have acted similar to you. Isn't OWR another name for variable withdrawal rate? My 18 year withdrawal rate has certainly oscillated, but that was expected, so planned for. For me, planning for a big vacation in Europe or Asia, new autos, or buying and maintaining a lake cottage (all o...
by Sheepdog
Sat Feb 25, 2017 1:54 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Lousy Customer Service
Replies: 36
Views: 2525

Re: Vanguard Lousy Customer Service

bondsr4me wrote:
pennstater2005 wrote:I would move on. Nothing is worth stressing that much over.


+1

probably the best thing to do to keep OP's sanity.

+2
by Sheepdog
Sat Feb 25, 2017 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 46
Views: 3344

Re: Talking with parents' financial advisor

TOJ wrote:

Well put! My dad is never going to listen to me.


Indeed! On finances, I wouldn't listen to my children either. They are too young to know anything about that. They are only 53 and 47.
by Sheepdog
Thu Feb 23, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 6291

Re: Which puppy to buy: golden retriever or labrador retriever?

A PET'S TEN COMMANDMENTS 1. My life is likely to last 10-15 years. Any separation from you is likely to be painful. 2. Give me time to understand what you want of me. 3. Place your trust in me. It is crucial for my well-being. 4. Don't be angry with me for long and don't lock me up as punishment. Yo...
by Sheepdog
Tue Feb 21, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: How to stop AMEX card offers being mailed to me?
Replies: 11
Views: 932

Re: How to stop AMEX card offers being mailed to me?

Go to the credit card opt-out screen: https://www.optoutprescreen.com/?rf=t where you can opt-out from all credit card offers. I haven't had one for a decade since signing on.
by Sheepdog
Tue Feb 21, 2017 9:03 am
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 6291

Re: Which puppy to buy: golden retriever or labrador retriever?

BW1985 wrote:Neither. You don't need to buy a dog, dogs are free other than maybe an adoption fee. Supply much much greater than demand, unfortunately.

Thank you for that comment. :thumbsup
by Sheepdog
Tue Feb 21, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 6291

Re: Which puppy to buy: golden retriever or labrador retriever?

Both of those are fun breeds to love and be loved by. They are active and need to run a lot to be happy and healthy. Please consider adopting from a breed specific rescue group rather than from a puppy farm. Some are young and already trained. Some are seniors, looking for the final forever home. Yo...
by Sheepdog
Sun Feb 19, 2017 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: How do you invest the proceeds [from your RMD?]
Replies: 22
Views: 1780

Re: How do you invest the proceeds [from your RMD?]

I usually transfer the RMD amount into a money market fund within the IRA, then send a letter to Vanguard with a list of qualified charities that I plan to donate to for the entire year. If you make them aware that these will be Qualified Charitable Deductions, they will mail you the checks and you...
by Sheepdog
Sun Feb 19, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: How do you invest the proceeds [from your RMD?]
Replies: 22
Views: 1780

Re: How do you invest the proceeds [from your RMD?]

patngordo wrote:Whatever part of your RMD you dont need for taxes or living expenses, couldnt you just leave it in whatever fund its already in, and distribute it in-kind? (we dont start RMDs til 6 more years)
Yes, you can do that. However, an investment in an IRA may not be appropriate for a taxable account.
by Sheepdog
Sun Feb 19, 2017 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Missing my Microsoft Money - any equivalents?
Replies: 25
Views: 2025

Re: Missing my Microsoft Money - any equivalents?

What would I do without my Money 2002 which followed my original Money 98 and Money 2000? I have complete 19 years history of all investment, expense, expense category, etc, plus future cash flow analysis for planning. I can pick out anything financial for any time period.. I have it installed in a ...
by Sheepdog
Sat Feb 18, 2017 11:54 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 10TH BIRTHDAY BOGLEHEADS FORUM
Replies: 62
Views: 2646

Re: HAPPY 10TH BIRTHDAY BOGLEHEADS FORUM

WOW. Thank you ALL.
by Sheepdog
Sat Feb 18, 2017 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: How do you invest the proceeds [from your RMD?]
Replies: 22
Views: 1780

Re: How do you invest the proceeds [from your RMD?]

Our RMDs go to our taxable short term investment grade bond fund which is part of my 3 to 5 year protection during a major market downturn; plus we take from it any special needs, such as buying a new car for my wife in 2018, vacations, cash gifts and other wants and needs. These days at my age (83)...
by Sheepdog
Sat Feb 18, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: What Do You Keep In Your Bank Safe Deposit Box?
Replies: 41
Views: 4034

Re: What Do You Keep In Your Bank Safe Deposit Box?

Why do you need a safe deposit box at a band? Is it free? I have one safe in my home, with all important documents. One reason is that home safes can be broken into or removed. Another is that safes that are "fire proof", in an extreme fire, the paper contents can be damaged. Most home sa...
by Sheepdog
Fri Feb 17, 2017 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: 88 Year Old Mother - advice needed
Replies: 15
Views: 958

Re: 88 Year Old Mother - advice needed

Has she owned stocks in the past? Does she understand the risks involved? How would she react if you suggested a stock/bond mutual fund and it lost money? At her age a loss may not be recovered fully in her life time. I am 84 and understand, but would she? Be careful recommending something where she...
by Sheepdog
Fri Feb 17, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3599

Re: Vanguard Web Site Down?

Friday the 13th came on the 17th this month. Didn't you get the memo?
by Sheepdog
Thu Feb 16, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care - Genworth viability
Replies: 4
Views: 678

Re: Long Term Care - Genworth viability

There have been many conversations on long term care and Genworth specifically. Search "Genworth" above and you can find them. Here is one from last November, not viability, but in general https://www.bogleheads.org/forum/viewtopic.php?t=203023 Viability of Genworth? I don't know. So many ...
by Sheepdog
Thu Feb 16, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Is 30% stock enough to keep up with (or beat) inflation?
Replies: 39
Views: 3093

Re: Is 30% stock enough to keep up with (or beat) inflation?

I will tell my story again. Sorry 'bout that. How would 22% stock do? I live off of SS and savings only. In 18 years retired I have taken out an average of 4.59% every year. My stock allocation in retirement has been 100 minus my age beginning shortly after. At 66 it was at 56% when I started reduci...
by Sheepdog
Thu Feb 16, 2017 1:05 pm
Forum: Personal Consumer Issues
Topic: Cruise suggestions.
Replies: 27
Views: 2191

Re: Cruise suggestions.

I have traveled in my 70s and early 80s, Including in the Mediterranean. I now always purchase trip insurance to protect my investment if I can't go and to pay for medical treatment if needed on the trip, including getting us back home in such a case. We are careful with money and where it is on our...
by Sheepdog
Tue Feb 14, 2017 7:28 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 14806

Re: Why do you go to restaurants?

My wife and I eat out at least one evening a week, sometimes two, and have continuously in our 56 years of marriage. We do go to chain restaurants such as Red Lobster and steak houses, but we eat equally at locally owned nice restaurants such as tonight for Valentines, a place which has a special V...
by Sheepdog
Tue Feb 14, 2017 12:23 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 14806

Re: Why do you go to restaurants?

My wife and I eat out at least one evening a week, sometimes two, and have continuously in our 56 years of marriage. We do go to chain restaurants such as Red Lobster and steak houses, but we eat equally at locally owned nice restaurants such as tonight for Valentines, a place which has a special Va...
by Sheepdog
Mon Feb 13, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Health Care Premium and Costs During Retirement (65+)
Replies: 20
Views: 1175

Re: Health Care Premium and Costs During Retirement (65+)

elaborate on when and why significantly more expensive choices in cataract surgery are indicated? I had severe astigmatism which could only be corrected with an upgraded (toric) lens and laser surgery. Insurance (and medicare I think) only covers what is medically necessary - replacing the clouded ...
by Sheepdog
Mon Feb 13, 2017 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Health Care Premium and Costs During Retirement (65+)
Replies: 20
Views: 1175

Re: Health Care Premium and Costs During Retirement (65+)

As I noted above, my wife changed to an Advantage plan in 2016. That also saved over $2000 in our medical costs last year. Our total medical costs including all insurance in 2016 was $7,866. We did not have any major expenses last year luckily. Important to note that you can rack up some significan...
by Sheepdog
Mon Feb 13, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Health Care Premium and Costs During Retirement (65+)
Replies: 20
Views: 1175

Re: Health Care Premium and Costs During Retirement (65+)

I wrote this in early 2016 for the Bogleheads. I will add a little addendum at the end to cover a portion of 2016 cost. We are a retired couple, ages 82 and 75 at the end of 2015. Our out of pocket medical expenses for the last 6 years are listed in each category. First amount shown is for 2010, fol...
by Sheepdog
Mon Feb 13, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Standing on the shoulders of giants - thanks
Replies: 5
Views: 599

Re: Standing on the shoulders of giants - thanks

What a very nice first post.
Come back often.
by Sheepdog
Mon Feb 13, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth Strategery
Replies: 6
Views: 747

Re: Backdoor Roth Strategery

Welcome to the forum.
Someone will answer.
by Sheepdog
Sun Feb 12, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: The old debate on taxes now vs later
Replies: 25
Views: 2463

Re: The old debate on taxes now vs later

I will give you my history on this subject....something which I considered entering retirement. The year I retired, 1998, was when Roth IRAs started and a plan to convert traditional IRAs to Roths was announced so I looked at that and made a plan. (I am not a millionaire, but close, just so you know...
by Sheepdog
Sat Feb 11, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: How Much Cash Do You Actually Hold?
Replies: 109
Views: 9464

Re: How Much Cash Do You Actually Hold?

I am in retirement living off of savings and SS only, so cash (and cash equivalent) is very necessary or my psyche. Cash and CDs 4% of holdings. I count my short term bond fund as cash. It isn't, I know, but it has a very good chance not to lose and a better chance to have low growth. It is 5% of ho...
by Sheepdog
Sat Feb 11, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 150
Views: 20192

Re: Wow, Vanguard Flagship service is bad. Really bad.

I haven't followed this conversation as I am not a "Flagship" client and I haven't needed to be as I can get the same bad service in the lesser investor rankings. Since I am here I will copy a conversation I made this week at Morningstar's Bogleheads Unite to show that. And it shows that p...
by Sheepdog
Thu Feb 09, 2017 8:30 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 256
Views: 9377

Re: Your USER NAME...what does it mean?

We love Old English Sheepdogs. I was involved with Old English Sheepdog rescue for several years (Old English Sheepdog Rescue of the Southeast). We have our third one. She loves her computer as you can see.
by Sheepdog
Thu Feb 09, 2017 10:15 am
Forum: Investing - Theory, News & General
Topic: What is the prediction of future long-term returns for your portfolio?
Replies: 63
Views: 4623

Re: What is the prediction of future long-term returns for your portfolio?

Let's see. My average nominal return for the last 18 years (1999-2016) was 5.31 % with a very conservative in-retirement stock/bond ratio and with up and down markets. I'll predict that for my portfolio going forward which will take me to age 101 :shock: . Amended prediction. For the last 12 years (...
by Sheepdog
Tue Feb 07, 2017 10:34 pm
Forum: Investing - Theory, News & General
Topic: RMD question
Replies: 20
Views: 2548

Re: RMD question

I added the Short Term Investment Grade Fund to my IRA recently for the express purpose of using it as the RMD source of funds and to shorten the combined duration of my bond funds. I have enough money in it to cover the next three years of RMDs. I might replenish it every year or two depending on ...
by Sheepdog
Tue Feb 07, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: A Wellesley alternative
Replies: 93
Views: 7302

Re: A Wellesley alternative

I couldn't find a replacement either so I just stuck with it for lots of years!!!
by Sheepdog
Sun Feb 05, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Do you account for likely life expectancy in retirement?
Replies: 63
Views: 4586

Re: Do you account for likely life expectancy in retirement?

I am sure part of my issue is I expect that somewhere between 67-72 we will slow down significantly and if I don't have any chronic health issues and haven't become addicted to what is likely to be 5 minute delivery by Amazon Prime at that point, our expenses should drop. Why do you expect to slow ...
by Sheepdog
Sun Feb 05, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Do you account for likely life expectancy in retirement?
Replies: 63
Views: 4586

Re: Do you account for likely life expectancy in retirement?

Look out for that expected life expectancy. You may be surprised. I did not really expect to live too long or my wife either after retiring at 65 in 1998 for these reasons: All of my grandparents died before they were 65. My father died at 59. I had a heart attack 2 months before retiring. My sister...
by Sheepdog
Fri Feb 03, 2017 1:15 am
Forum: Personal Consumer Issues
Topic: Computer for elder novice
Replies: 36
Views: 1210

Re: Computer for elder novice

IF you did a tablet, then picking up a smartphone would be easy later. The photo and video conferencing thing makes it fun. Think texting photos to relatives and getting photos back. Fun. A tablet is also much easier. Thanks, I agree with you, but she doesn't. Her sister, in laws, children all use ...
by Sheepdog
Fri Feb 03, 2017 1:02 am
Forum: Personal Consumer Issues
Topic: Computer for elder novice
Replies: 36
Views: 1210

Re: Computer for elder novice

What do you use for a computer on your home wifi network? If you are going to set up a new computer for her and teach her how to use it I think it would be easiest to get her a basic model of whatever computer/OS you use yourself. I think Macs are simplest, but I know many people think it is a toss...
by Sheepdog
Fri Feb 03, 2017 12:38 am
Forum: Personal Consumer Issues
Topic: Computer for elder novice
Replies: 36
Views: 1210

Re: Computer for elder novice

edit: I just noticed, this is my 7,000th post, most of them with a Chromebook. 7000? Thank you for being here. Watch out you don't create a monster Sheep. My DW hated my computer, wouldn't have anything to do with it, and resented every minute I spent on it. Then she learned about Email from one of...
by Sheepdog
Fri Feb 03, 2017 12:36 am
Forum: Personal Consumer Issues
Topic: Computer for elder novice
Replies: 36
Views: 1210

Re: Computer for elder novice

It is a challenge. Are you sure you don't want to go the tablet route? While they have a lot of limitations, they can be somewhat more intuitive. For a regular computer, set up a few simple games according to her interests (maybe word games, minesweeper, sudoku, etc) that will interest her and get ...
by Sheepdog
Thu Feb 02, 2017 3:40 pm
Forum: Personal Consumer Issues
Topic: Computer for elder novice
Replies: 36
Views: 1210

Computer for elder novice

Another computer question and advice needed. My wife (age 77) has never used a computer or cell phone even, hasn't needed to or wanted to (I'm here). In today's world that will be bad news when I become incapacitated or gone by-by and it can't be too long. I talked with her last night about this, fo...
by Sheepdog
Thu Feb 02, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: No Inflation-Adjusted SPIAs at Vanguard
Replies: 120
Views: 5302

Re: No Inflation-Adjusted SPIAs at Vanguard

Just for possible interest for some of you. What was my inflation in my 18 years in retirement? Income tax is ignored. In our 1st 5 full years retired (1999-2003) we spent or gave away an average of $57,850 per year. In our last 5 years (2012-2016) we spent or gave away an average of $62,279. (same ...
by Sheepdog
Wed Feb 01, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 112
Views: 18449

Re: Vanguard's Wellesley Income fund is incredible

Have you really changed you asset allocation much between 70-90? Are you still reducing your stocks holdings as you get older? You asked Taylor this question, but I thought I would answer it for me as a person who has used Wellesley considerably after age 70 and reduced his stock allocation annuall...
by Sheepdog
Sun Jan 29, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: What do you include in your asset allocation calculations?
Replies: 43
Views: 3347

Re: What do you include in your asset allocation calculations?

I have included in my AA in addition to stocks, conventional bonds and mutual funds: CDs, EE and I bonds as part of fixed income. Nothing else
by Sheepdog
Sat Jan 28, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: Sump pump and power outage
Replies: 53
Views: 3389

Re: Sump pump and power outage

Battery backup powered sump pumps are available at most stores like Lowes, Menards, Home Depot, etc. They are not overly expensive I.e. Home Depot is advertising on line $140. http://www.homedepot.com/p/Basement-Watchdog-Emergency-Battery-Backup-Sump-Pump-System-BWE/100055241 I have several neighbor...
by Sheepdog
Thu Jan 26, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with $100K I might need in 3 months?
Replies: 44
Views: 2995

Re: What to do with $100K I might need in 3 months?

What if the market drops 10%, 20% or more in these 3 months. It is possible you know. How would you feel then?
It has been said, if you absolutely will need the money in a short period of time 3 to 5 years even, don't invest aggressively,but 3 months? Don't risk it.
by Sheepdog
Thu Jan 26, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley and Wellington long term details Vs Indexes
Replies: 13
Views: 1917

Re: Wellesley and Wellington long term details Vs Indexes

I posted earlier about the Fed raising the fed rate to 3% over the next year or two. I get it that that may or may not have much effect on longer term bond prices and lots of other things. But I also think old retired investors like me are going to get hammered if we do not handle our bond allocati...
by Sheepdog
Thu Jan 26, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing out for 2017 expenses while market is high?
Replies: 33
Views: 3194

Re: Cashing out for 2017 expenses while market is high?

My goal in retirement, since 2008, has been to keep a minimum of 3 years of normal withdrawals in safe and easy to get to holdings. It is not unlike the saying, a person should not invest aggressively money that they will need in the next 3 to 5 years. So cashing out for 2017 expenses is appropriate...

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