Search found 528 matches

by Wakefield1
Wed Sep 20, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 185
Views: 18653

Re: Calling out the not so rich bogleheads

Am I correct that having personal net assets of $ 1 million (with debts subtracted from assets) still puts both single individuals and couples at more than average as compared to all Americans? Does a typical 60 year old have a higher net assets count (but not quite yet $1 million but closing in on ...
by Wakefield1
Tue Sep 19, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: If you don't care about optimal performance?
Replies: 17
Views: 946

Re: If you don't care about optimal performance?

I believe most people seek to reduce the "downside risk" somewhat even if that means accepting lower performance than the markets provide when times are good "no black swan" times. There is a concept of guarding "critical mass" when someone is affluent enough to put that mass into a relatively safe ...
by Wakefield1
Mon Sep 18, 2017 9:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 22
Views: 1552

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

I am not sure whether Vanguard has an alert to do what Victoria said to do: get an e-mail message for each instance where your account is logged onto-by you or by some imposter?! I have alerts for transactions and money movements,I sent them a message asking whether there is an option to do what Vic...
by Wakefield1
Mon Sep 18, 2017 4:50 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4779

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

Wakefield1 wrote:
Mon Sep 18, 2017 4:49 pm
nedsaid wrote:
Sun Sep 17, 2017 4:01 pm
I place very little credence in anything that Zero Hedge writes. I have always viewed it like the National Enquirer or the Weekly World News.
A broken alarm clock is right twice a day.--if it is the kind with real hands,not the electric kind with red numbers.
by Wakefield1
Mon Sep 18, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4779

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

nedsaid wrote:
Sun Sep 17, 2017 4:01 pm
I place very little credence in anything that Zero Hedge writes. I have always viewed it like the National Enquirer or the Weekly World News.
A broken alarm clock is right twice a day.
by Wakefield1
Sun Sep 17, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36662

Re: Equifax customer information leak

Kudos for the title of Michelle Singletary's article in today's (Sunday) Washington Post Business section: "Let's make it free to freeze your credit file"
by Wakefield1
Sun Sep 17, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: how to protect against tax fraud w/ equifax breach?
Replies: 6
Views: 876

Re: how to protect against tax fraud w/ equifax breach?

[quote=

Here is what the IRS says:

Who is eligible for an IRS IP PIN? It would be nice if they would just open up the IP PINs to anyone who wants one.
[/quote]

That is the absolute minimum they should do as presumably everyone's Social Security number appears to have been compromised
by Wakefield1
Sat Sep 16, 2017 4:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 22
Views: 1552

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

I only live about a mile from that library (Central) but am pretty busy with this household. An idea occurs to me along the lines of issues of choosing when to start receiving Social Security Retirement,it seems that Arlington County Retirement offers an option to employees retiring under the presen...
by Wakefield1
Sat Sep 16, 2017 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36662

Re: Equifax customer information leak

Internal Revenue Service-if you are listening should you consider sending each and every one of us Taxpayers a confidential identification code to be used when filing our taxes next year-that is if new Social Security/Taxpayer numbers are not issued and confidentially sent to us? :happy the credit f...
by Wakefield1
Fri Sep 15, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: IRA withdrawal at 64
Replies: 4
Views: 379

Re: IRA withdrawal at 64

Is O.P. already taking Social Security? If not would now be an opportunity to move a bit out of the IRA into a Roth IRA via Conversion before beginning to take Social Security? (Thinking of tax brackets) When RMD kicks in perhaps there will be little alternative but to move the distributions into Ta...
by Wakefield1
Fri Sep 15, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Badly Needed---Meeting with Financial Advisor
Replies: 49
Views: 3774

Re: Advice Badly Needed---Meeting with Financial Advisor

barnaclebob wrote:
Fri Sep 15, 2017 8:39 am
Wow, hitting you up for contacts on your phone to "pay it forward" for his complementary sales pitch. Thats a new level of slimy sales right there.
Bad Date! :twisted:
by Wakefield1
Fri Sep 15, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5254

Re: Vanguard advisor on dividends

For a given dividend yield: Is it better to have a bigger basket of lower yielding stocks vs. having a smaller basket of higher yielding stocks-is that the question? (Ignoring the presence of bonds-which additional presence might be a good thing),and assuming that the stocks can be in mutual funds) ...
by Wakefield1
Thu Sep 14, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Have X times your salary saved by age Y.
Replies: 60
Views: 5944

Re: Have X times your salary saved by age Y.

Younger retirement=larger household savings needed by retirement
Pre-Medicare? Pre-Social Security?
by Wakefield1
Thu Sep 14, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Question
Replies: 37
Views: 2767

Re: Auto Insurance Question

I suspect that mileage (and date) that is recorded on my "Inspection Certification:Virginia State Police" is available to my insurance company. Or at least the mileage on my biannual "Vehicle Emissions Inspection Report".
by Wakefield1
Thu Sep 14, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36662

Re: Equifax customer information leak

As to the issue that Equifax supposedly sat on the knowledge that the breach had occurred for some considerable time before going public about it:it occurs to me that possibly Equifax did indeed get in touch with Law Enforcement such as the FBI or other high level and was advised to keep a low profi...
by Wakefield1
Wed Sep 13, 2017 9:11 pm
Forum: Personal Consumer Issues
Topic: US removing Kaspersky Antivirus from government computers
Replies: 38
Views: 3366

Re: US removing Kaspersky Antivirus from government computers

In 2016, I bought a laptop so that I could communicate with family when on an overseas trip. The laptop was a Lenovo and Kaspersky was the protective firewall and anti-virus software. I suppose everything I did got transmitted to the Chinese via a secret chip imbedded in the motherboard and the Rus...
by Wakefield1
Wed Sep 13, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund in my portfolio?
Replies: 32
Views: 2371

Re: Vanguard Health Care Fund in my portfolio?

I think having 20% of that in a portfolio is more prudent than having 20% in a single stock. Whether it beats or lags the market long term is anyone's guess but I think health care is a part of the society that will continue to be extremely well funded (a lot of money spent) especially as more peopl...
by Wakefield1
Wed Sep 13, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Account Security Tips for Equifax Personal Identification Leak
Replies: 5
Views: 772

Re: Account Security Tips for Equifax Personal Identification Leak

If your account has password reset with security questions,use nonsense answers to the security questions (and write them down since you will never remember them) Probably better if the account doesn't have password reset (unless by appearing in person and/or using public notary witnessed signatures...
by Wakefield1
Sat Sep 09, 2017 9:47 pm
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 6009

Re: Luxury car: perception vs reality

The Plymouth Valiant-was that the ultimate NON-luxury car? (I believe the 225 engine was actually an option,base was a 170) Does a car today-even an entry level one-cost more in actual hours worked salary for an average person than a car of,say,50 years ago? (Pontiac GTO which was sort of my idea of...
by Wakefield1
Sat Sep 09, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36662

Re: Equifax customer information leak

I'm thinking that assigning new Social Security and/or Taxpayer I.D. numbers and actually getting them into the hands of the proper recipients without fraud or theft would be very complicated and difficult logistically. Perhaps that credit bureau should foot the bill. On second thought-the high rank...
by Wakefield1
Sat Sep 09, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36662

Re: Equifax customer information leak

Having been told that my account may have been impacted, I also sought to avail myself of their free year of monitoring and was told I'd be able to sign up on 9/12. This morning, I received an email from Equifax starting off with an exuberant "You're in!", How did they get your email? I'm due on th...
by Wakefield1
Sat Sep 09, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36662

Re: Equifax customer information leak

If I may ask: Did people who had frozen their credit reports at the Equifax bureau before the identity disclosure/data exposure began/occurred escape having their information disclosed? Did the criminals (whoever obtained the data) basically pose as if they were commercial solicitors offering credit...
by Wakefield1
Fri Sep 08, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36662

Re: Equifax customer information leak

I suspect that businesses such as Vanguard and all kinds of banks and credit unions with online customer access for financial transactions and money withdrawals will have to tighten their procedures and institute mandatory delays and calls back to the account owners to allow for trying to determine ...
by Wakefield1
Fri Sep 08, 2017 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36662

Re: Equifax customer information leak

If this thing is as big as it sounds like it is on today's Nightly Business Report the credit bureaus should be Required to freeze people's credit or even put on status such that any release of credit information should require the Bureau to get the personal permission of the owner of the credit fil...
by Wakefield1
Fri Sep 08, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Don't want to lock down in IRA until I am 59.5
Replies: 12
Views: 1246

Re: Don't want to lock down in IRA until I am 59.5

Some months ago there was an article in Vanguard Dot Com's blog about using the Roth IRA in a somewhat nontraditional way,the article contained information that under certain conditions Roth IRA contributions can be withdrawn without penalty or taxation before age 59 1/2. I believe that the Roth IRA...
by Wakefield1
Thu Sep 07, 2017 9:58 am
Forum: Investing - Theory, News & General
Topic: Dividends and Withdrawal Rate
Replies: 39
Views: 3129

Re: Dividends and Withdrawal Rate

I think another thread around here just got a chart posted of S&P 500 returns over the last several years,not counting dividends. I think it has tended to go up with time except for some bad dips and bears,but would have gone up more with dividends reinvested-I think there is a chart for that too I ...
by Wakefield1
Thu Sep 07, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 156
Views: 9339

Re: Companies/Brands You Love?

I'm afraid that the last Oreos I bought didn't seem quite the same as I thought they used to taste
New company or name sold?
by Wakefield1
Wed Sep 06, 2017 8:52 pm
Forum: Investing - Theory, News & General
Topic: Funds missing from Proxy voting forms
Replies: 8
Views: 660

Re: Funds missing from Proxy voting forms

I got an e-mail asking me to vote after I had already voted. Upon logging in,some of the choices were presented again. I voted again. Some of the choices were blocked out "not applicable to your Funds" or something to that effect I notice an e-mail showing that I had voted the first time had differe...
by Wakefield1
Wed Sep 06, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth. Is it listed on 1040 as IRA Distribution?
Replies: 51
Views: 2072

Re: Backdoor Roth. Is it listed on 1040 as IRA Distribution?

I think you have to count the traditional balance that is not "basis" when you do the 8606 if you ,say,had a non deductible contribution of $5500. and it had earned $500. then I think you would be charged tax on that $500. for the year (it became part of your taxable income)-even if you hadn't had a...
by Wakefield1
Wed Sep 06, 2017 7:56 pm
Forum: Forum Issues and Administration
Topic: [Difficult to read replies to questions]
Replies: 11
Views: 1246

Re: To MS LADY GEEK: changing title of recent thread

At least with my computer and Firefox if I can't read something I push "Ctrl" and the "+" all the way to the right of the keyboard and voila-the text and pictures get larger and/or darker--may take two or three pushes of the "+"
by Wakefield1
Wed Sep 06, 2017 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth. Is it listed on 1040 as IRA Distribution?
Replies: 51
Views: 2072

Re: Backdoor Roth. Is it listed on 1040 as IRA Distribution?

It's not the same thing. When dealing with the IRS, terminology can be important. I guess to the IRS there is no such thing as a "backdoor Roth IRA" but there is such a thing (as of now still allowed) as making a non-deductible IRA contribution (on which taxes must be paid) and then soon after doin...
by Wakefield1
Tue Sep 05, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard funds with purchase fees; ETFs without. How come?
Replies: 26
Views: 2526

Re: Vanguard funds with purchase fees; ETFs without. How come?

Unlike a load or "expense ratios" do these fees get paid into the fund in such a way as to increase its assets?
by Wakefield1
Thu Aug 31, 2017 8:10 pm
Forum: Personal Consumer Issues
Topic: Vehicle Toubleshooting (multiple issues)
Replies: 61
Views: 3104

Re: Vehicle Toubleshooting (multiple issues)

Also on the subject of jumper cables: I have seen people trying unsuccessfully trying to start cars with what turned out to be 10 or 12 gauge cable,those are worthless except for carrying charging current assuming that the disabled battery is even able to hold a charge well enough to start a car. Ev...
by Wakefield1
Thu Aug 31, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: Vehicle Toubleshooting (multiple issues)
Replies: 61
Views: 3104

Re: Vehicle Toubleshooting (multiple issues)

I remember some claim of laying a damp cloth or blanket on top of the battery at least covering the vent/caps area(in hope that it would act as a flame arrestor) before connecting to it but I don't know if that claim was from a professional I usually blow across the top of a battery a couple times b...
by Wakefield1
Thu Aug 31, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Vehicle Toubleshooting (multiple issues)
Replies: 61
Views: 3104

Re: Vehicle Toubleshooting (multiple issues)

Batteries are not 100% efficient,not only do they waste some of the energy used to charge them,even when not yet at full charge,but they also self-discharge to some extent and I think some of that lost energy goes into producing hydrogen and/or oxygen. Also shows up as the battery slowly consuming w...
by Wakefield1
Wed Aug 30, 2017 8:12 pm
Forum: Personal Consumer Issues
Topic: Coyote Defense
Replies: 69
Views: 5052

Re: Coyote Defense

Unfenced neighborhood dogs would pose more of a danger on your walks than a coyote, or at least that's the way it is here, and we do have plenty of coyotes. Rather than carry something that screams "weapon," I carry a simple walking stick. A 1.25 inch poplar dowel makes a nice compromise in weight/...
by Wakefield1
Wed Aug 30, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 156
Views: 9339

Re: Companies/Brands You Love?

I guess I will say Snap On since when there is a job to do on a car they seem to have the exact right thing that makes the job easiest to do-like the specific spark plug socket with double flex joints. Specific tool (socket that looks like it has a built in 1/2" drive extension) used for taking apar...
by Wakefield1
Wed Aug 30, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Vehicle Toubleshooting (multiple issues)
Replies: 61
Views: 3104

Re: Vehicle Toubleshooting (multiple issues)

Most of the time connecting a charged battery to a "dead" one will cause a spark because the "good" one feeds current back through the "dead" one,perhaps charging it a little bit. Probably won't charge it enough to start a car however. "Dead" battery might just be discharged but might instead have s...
by Wakefield1
Wed Aug 30, 2017 9:16 am
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 156
Views: 9339

Re: Companies/Brands You Love?

Antique Rose Emporium Burpee Seeds "The Best Seeds that Grow" actually I think the W. Atlee Burpee Company pretty much went away after 1980,I think someone else now owns the name although there may be a farm in Pennsylvania open to tourists that once was the Burpee headquarters and perhaps the home ...
by Wakefield1
Sat Aug 26, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Desperate to get rid of mosquitoes, what else could we try?
Replies: 56
Views: 3191

Re: Desperate to get rid of mosquitoes, what else could we try?

If the mosquitoes have dramatically increased from prior years there is probably some (changed or new) area nearby where they are breeding in quantity. Tires and such left out to collect rainwater could very well be the problem. Or a hidden cistern or drywell holding water on someone's property Ugh!...
by Wakefield1
Sat Aug 26, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Vehicle Toubleshooting (multiple issues)
Replies: 61
Views: 3104

Re: Vehicle Toubleshooting (multiple issues)

1. Key fob doesn't work. 2. Spare key fob doesn't work. I wonder why you even try to mess with reprogramming the key fob? It has nothing to do with it. Yes, you can attach a portable starter battery with bad or good car battery as long you don't cross over the cables. Other posters have given hint ...
by Wakefield1
Fri Aug 25, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a Ponzi scheme
Replies: 77
Views: 5706

Re: Passive investing is a Ponzi scheme

Was there a time when most stocks were held by individual investors,not institutions and mutual funds? In such a time did active management work best since it was the presumably sophisticated fund manager vs. less sophisticated individual stock holders? (Playing the zero sum trading games or buying ...
by Wakefield1
Mon Aug 21, 2017 6:15 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23266

Re: What is Bitcoin?

I saw something on Kaspersky's site pertinent to Bitcoin and/or other cryptocurrencies. Pertaining to "mining". https://www.kaspersky.com/blog/mining-easy-explanation/17768/ if I am reading it right. An advertisement may pop up on that Web article a few seconds after it loads unless you click on the...
by Wakefield1
Sun Aug 20, 2017 11:15 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23266

Re: What is Bitcoin?

There are undoubtedly certain applications where a blockchain ledger has clear advantages that outweigh the disadvantages. Maybe some of those applications will change the world. Even if they do, that doesn't mean that any cryptocurrency will have any value, let alone that bitcoin will rule the wor...
by Wakefield1
Sun Aug 20, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Be careful with Passive Index ETFs
Replies: 14
Views: 2249

Re: Be careful with Passive Index ETFs

Have there been other cases of stop loss orders on securities in general executing at much lower prices than the trigger price of the stop loss order? Especially at times of rocky market turmoil?

"Be careful with Stop Loss Orders" ?
by Wakefield1
Sat Aug 19, 2017 4:11 pm
Forum: Personal Consumer Issues
Topic: Lawn Experts Help! How to get rid of this weed?
Replies: 17
Views: 1405

Re: Lawn Experts Help! How to get rid of this weed?

Does it have flowers that look like small pea flowers? If so might be some kind of vetch
by Wakefield1
Sat Aug 19, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23266

Re: What is Bitcoin?

So if you own Bitcoins and I "invest" in Bitcoins then your Bitcoins get more valuable? (Actually this would be slightly true for Gold as demand by collectors and hoarders tends to increase the price.) Gold value is also partially driven by actual use in technology and making of false teeth and jewe...
by Wakefield1
Fri Aug 18, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23266

Re: What is Bitcoin?

I don't know whether a Bitcoin is like a Dollar or a Ruble I don't think Bitcoin is like Gold because I can hold Gold in my hand,it is amazingly heavy for such a small coin and it has a beautiful picture of Marie Curie on it--(actually it has a protective plastic capsule on it and is probably only 9...
by Wakefield1
Wed Aug 16, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 22
Views: 2662

Re: bitcoin makes you rich

A few people get rich but many more will lose everything they put into it?
by Wakefield1
Tue Aug 15, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Drinking water price craziness
Replies: 79
Views: 7664

Re: Drinking water price craziness

I believe that a certain International large food company/conglomerate has been acquiring bottled water brands and supply sources and perhaps trying to dominate the business.