Search found 105 matches

by WolfgangPauli
Sun Mar 26, 2017 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest a Bit of a Windfall
Replies: 10
Views: 982

Re: Where to Invest a Bit of a Windfall

Why not Vanguard Total International? Its valuation certainly looks better than the US'. I feel that my total stock market index fund gives me a lot of international exposure as many of the largest companies get more than 50% of their earnings from outside the US. That is all the exposure I want. I...
by WolfgangPauli
Sun Mar 26, 2017 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Are earnings on traditional IRAs taxable?
Replies: 12
Views: 641

Re: Are earnings on traditional IRAs taxable?

ralph124cf wrote:Everything taken out of a traditional IRA is taxable whether it was a contribution or earnings.

Ralph


Just to be clear - as the poster said above, contributions that were NON DEDUCTIBLE when you contributed are NOT TAXABLE as long as you have tracked with a 8606.
by WolfgangPauli
Sun Mar 26, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest a Bit of a Windfall
Replies: 10
Views: 982

Re: Where to Invest a Bit of a Windfall

about 18% cash, 39% total bond, 43% stocks (Mostly total stock market index. Cash includes a huge chunk of bonds (count as cash). WolfgangPauli: It appears to me that you have a suitable portfolio containing mostly Total Bond Market and Total Stock Market. I would resist the temptation to complicat...
by WolfgangPauli
Sun Mar 26, 2017 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank Raise Your Rate CDs
Replies: 6
Views: 2177

Ally Bank Raise Your Rate CDs

Hi,

I love these things because in an environment of rising interest rates, I like to know I have some protection.

Anyway, if you have them you ought to go check. Looks like Ally raised rates recently and I was able to adjust most of my CDS by 10bps to 20bps.
by WolfgangPauli
Sun Mar 26, 2017 11:07 am
Forum: Personal Consumer Issues
Topic: gratuitous homeownership items
Replies: 218
Views: 16788

Re: gratuitous homeownership items

Our old house had this huge, 2-person jetted tub. Unfortunately the 40 gallon hot water heater wouldn't fill it. If you have a big 2 person tub it needs its own water heater. In the house I had in Michigan, I had an 80 gallon water heater for the "normal" part of the house and a second 40...
by WolfgangPauli
Sun Mar 26, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: CPA failed to file an 8606 on a 2014 backdoor Roth IRA conversion
Replies: 27
Views: 1983

Re: CPA failed to file an 8606 on a 2014 backdoor Roth IRA conversion

Depending on what you told the CPA, this might actually be your mistake. We've seen multiple cases in the past where the tax-preparer did not ask and the client did not say " I made a non-deductible contribution to tIRA for this tax year." If you did not supply that information, the CPA w...
by WolfgangPauli
Sat Mar 25, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest a Bit of a Windfall
Replies: 10
Views: 982

Re: Where to Invest a Bit of a Windfall

aristotelian wrote:ibonds are never a bad choice. Think about starting a Donor Advised Fund. Sounds like you have won the game or come very close.


Already maxed out my iBonds this year... I was thinking of the Donor Advised Fund but not sure I am 100% "there" yet...
by WolfgangPauli
Sat Mar 25, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest a Bit of a Windfall
Replies: 10
Views: 982

Re: Where to Invest a Bit of a Windfall

How about the Vanguard REIT fund.. VGSLX?
by WolfgangPauli
Sat Mar 25, 2017 8:28 pm
Forum: Personal Consumer Issues
Topic: Buying Sunglasses
Replies: 20
Views: 1997

Re: Buying Sunglasses

KAO Many thanks but -what does "polarized" mean and what is the difference between an OK pair and a great pair of sunglasses. I am not one of the initiated. Thanks. - 8-) Hi, Best to read http://www.allaboutvision.com/sunglasses/polarized.htm for what polarized is. It is essentially a fil...
by WolfgangPauli
Sat Mar 25, 2017 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest a Bit of a Windfall
Replies: 10
Views: 982

Where to Invest a Bit of a Windfall

Hi, Well, had a decent year last year and ended up with a bit of a windfall and now I am not sure what to do with it. Here is some basic information: 1. Married child out of the house on own 2. No debt at all .. no mortgage, car loan .. anything 3. I am 54, wife is 60 4. Net worth (not including hou...
by WolfgangPauli
Sat Mar 25, 2017 7:56 pm
Forum: Personal Consumer Issues
Topic: gratuitous homeownership items
Replies: 218
Views: 16788

Re: gratuitous homeownership items

Our old house had this huge, 2-person jetted tub. Unfortunately the 40 gallon hot water heater wouldn't fill it. If you have a big 2 person tub it needs its own water heater. In the house I had in Michigan, I had an 80 gallon water heater for the "normal" part of the house and a second 40...
by WolfgangPauli
Sat Mar 25, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: Buying Sunglasses
Replies: 20
Views: 1997

Re: Buying Sunglasses

Having moved to Florida, I cannot go outside without sunglasses. Here is how I think about it: 1) Go as dark as you can. Block as much out as you can. Make sure they are polarized. 2) On cloudy days, wear the brown / bronze ones... you will be amazed at how they help with contrast and in a very high...
by WolfgangPauli
Fri Mar 24, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: thoughts on in-ceiling speakers?
Replies: 45
Views: 2265

Re: thoughts on in-ceiling speakers?

I am not a big fan for two reasons: 1) You almost lock yourself into old technology. Wireless speakers are getting incredibly good and you can move them. Also, 5.1 soundbars that will change based on the acoustics of your room are incredible. Both are far more adaptable than permanently putting spea...
by WolfgangPauli
Sun Mar 19, 2017 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6091

Re: Am I Addicted

Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard. Am I addicted? Any...
by WolfgangPauli
Sun Mar 19, 2017 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6091

Re: Am I Addicted [to contribute to my taxable account]

I hope you stay addicted when the market is falling and there is no end in sight. For me, it is harder to contribute when I see my balance fall every time I log in. But I continue because of what I have learned on this forum and because I know I am buying on sale. Good luck. There are few things be...
by WolfgangPauli
Sun Mar 19, 2017 10:23 pm
Forum: Personal Consumer Issues
Topic: Do you purposely spend with companies in your investment portfolio?
Replies: 42
Views: 2012

Re: Do you purposely spend with companies in your investment portfolio?

I have a twist to this... I did consulting for two years and so I bough 100 to 150 shares in any company that was smart enough to hire me. Figured if they were that smart, they would do well in the market (or at least that is what i told myself). Actually, by pure luck, it worked out well. It was ab...
by WolfgangPauli
Sun Mar 19, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6091

Re: Am I Addicted [to contribute to my taxable account]

Here is what I find: I am a "spendaholic". I do love spending money. However, I have found that the act of investing at Vanguard gives me the same "rush" as spending or buying something. So, rather than satisfy the itch by buying crap, I satisfy it by investing. So, in that way, ...
by WolfgangPauli
Sat Mar 18, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: The "investment return" method of withdrawal
Replies: 37
Views: 1596

Re: The "investment return" method of withdrawal

A couple thoughts. If your goal is for your portfolio to never decrease in value, theoretically you should be reinvesting enough returns on average to keep up with inflation. With that in mind, you might end up with longer periods of no excess return to spend. This just means you need more in your ...
by WolfgangPauli
Sat Mar 18, 2017 6:50 am
Forum: Personal Consumer Issues
Topic: When does a new computer make sense...
Replies: 27
Views: 1688

Re: When does a new computer make sense...

Any experience with chrome books?
by WolfgangPauli
Sat Mar 18, 2017 6:48 am
Forum: Personal Consumer Issues
Topic: gratuitous homeownership items
Replies: 218
Views: 16788

Re: gratuitous homeownership items

Fascinating topic. First, my gratuitous item is the size - over 3500 square feet for two people. It is ridiculous. The way I talked myself into it is I said if I were to sell, it will be attractive to a lot of families. Maybe, maybe not but given that I plan on staying here forever, I guess that was...
by WolfgangPauli
Sat Mar 18, 2017 6:33 am
Forum: Investing - Help with Personal Investments
Topic: The "investment return" method of withdrawal
Replies: 37
Views: 1596

Re: The "investment return" method of withdrawal

Sounds like perhaps you have a federal pension that affords you this luxury that others might not have. If you can swing it this approach will definitely insure your portfolio never runs dry. A variation on this approach is to only spend distributions from your investments each year (dividends, int...
by WolfgangPauli
Sat Mar 18, 2017 6:31 am
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 290
Views: 13310

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

Mine.. Wolfgang Pauli is a tribute to my dog in college. When I was at Cornell in the early '80s my fraternity (bunch of engineering nerds - one of which actually ended up flying space shuttle missions) named our giant german shepard Wolfgang Pauli after the great physicist who created the "Pau...
by WolfgangPauli
Sat Mar 18, 2017 6:23 am
Forum: Investing - Help with Personal Investments
Topic: The "investment return" method of withdrawal
Replies: 37
Views: 1596

Re: The "investment return" method of withdrawal

I like it.. my goal in retirement is to live 100% off of the dividends and earnings.. never touch the principle. I have one twist to this though: Set a number you can live with.. .let's say $90K is what you need to live off of. When you have years where you earn more, take it ALL out and put the exc...
by WolfgangPauli
Sat Mar 18, 2017 6:20 am
Forum: Personal Consumer Issues
Topic: When does a new computer make sense...
Replies: 27
Views: 1688

When does a new computer make sense...

Hi, Just asking for some advice and thoughts on new computers. I remember the "hayday" of computers when capabilities were growing so fast I would literally buy one every two years or so. However, since about 2005 or so, I have seen very little compelling evidence to go get a new one. I ha...
by WolfgangPauli
Fri Mar 17, 2017 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: How long to keep previous years Income tax returns????
Replies: 63
Views: 5328

Re: How long to keep previous years Income tax returns????

In this age of technology, I would recommend "forever". Why not just image them and store? Last move we made I imaged my wife's 1975 return and have them all imaged since then. That is very extreme but why not? Kind of fun to look at what you made as a cashier in 1975!!!!
by WolfgangPauli
Fri Mar 17, 2017 10:59 pm
Forum: Personal Consumer Issues
Topic: Camcorder recommendations
Replies: 45
Views: 1775

Re: Camcorder recommendations

I was intrigued by this as i had no idea camcorders still existed. Why would you not use an iPad or a Phone (would need external memory but that is dirt cheap). I was with a reporter from the WSJ once doing a story and they had completely eliminated the "camera man". The reporter used his ...
by WolfgangPauli
Fri Mar 17, 2017 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Review of tax software for trusts and estates
Replies: 20
Views: 1183

Re: Review of tax software

Just finished my second year of using the online version of turbotax and really like it. Walks you through just about everything. There were just a couple of things I had to "double check" but it was because the software took care of things without telling me. For example, form 8606 for re...
by WolfgangPauli
Fri Mar 17, 2017 10:47 pm
Forum: Personal Consumer Issues
Topic: Autonomous Vehicles and Drone Deliveries
Replies: 31
Views: 1610

Re: Autonomous Vehicles and Drone Deliveries

I am fascinated by the thought of drones (air or land kind) making deliveries but I am not holding my breath that I see it anytime soon near my house. I'm not doubting the technology part but just the ability to do things like that in very rural area of the country. It is 60 miles to the nearest gr...
by WolfgangPauli
Thu Mar 16, 2017 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds for a 30s couple?
Replies: 20
Views: 1983

Re: I-Bonds for a 30s couple?

Hi, Sounds like you are off to a great start! Congratulations. Here would be my priorities: 1. Retirement.. retirement.. retirement... fund everything as much as you can. 2. you already have 12 mos of income saved so just keep that. 3. College? 529 plans are a great way to save. 4. i-bonds are great...
by WolfgangPauli
Thu Mar 16, 2017 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: With March 15th Federal Rate Hike, who bond prices did not fall.
Replies: 7
Views: 1014

Re: With March 15th Federal Rate Hike, who bond prices did not fall.

Tradeable markets are forward looking so the only explanation is that it was already fully priced in. In fact, if you saw, bonds rose in value and rates on the 10 year actually went down. . That must have been because the "market" was thinking the Fed would be even more aggressive - not ne...
by WolfgangPauli
Thu Mar 16, 2017 10:17 pm
Forum: Personal Consumer Issues
Topic: Autonomous Vehicles and Drone Deliveries
Replies: 31
Views: 1610

Re: Autonomous Vehicles and Drone Deliveries

Drone delivery is almost certainly going to be here but in a different way than people think. First, I think the most obvious will be drone / truck hybrids. Because of the distance issue from a warehouse we will still load trucks up but rather than stopping at every home the driver will stop at a ke...
by WolfgangPauli
Thu Mar 16, 2017 10:03 pm
Forum: Personal Consumer Issues
Topic: Quiet Bedroom overhead fan
Replies: 25
Views: 1398

Re: Quiet Bedroom overhead fan

One other thing... make sure you get remote controls and get rid of the stupid chains. Overtime you pull that chain you shift the balance of the fan. For example, our bedroom fan has a wall switch (essentially a remote in the wall) along with a remote that we have at our bedside. In my family room w...
by WolfgangPauli
Thu Mar 16, 2017 10:01 pm
Forum: Personal Consumer Issues
Topic: Quiet Bedroom overhead fan
Replies: 25
Views: 1398

Re: Quiet Bedroom overhead fan

Hi, I cannot recommend a specific brand but I highly recommend you get a DC Motor Fan. These are more expensive but have two big benefits: 1) They are virtually silent. I have no idea (from noise) that my fans are on. The DC Motor is just silent. 2) They are far more powerful. Why is that important?...
by WolfgangPauli
Wed Mar 15, 2017 10:51 pm
Forum: Investing - Theory, News & General
Topic: Investment books I have read.
Replies: 55
Views: 10613

Re: Investment books I have read.

Hi, That is an impressive list and certainly will use it to drive my reading. One question however... Did any book really challenge your thinking. My guess is most books that follow the Bogle philosophy (of which I am an advocate0 would be gems (as long as they were written well etc.). But, I always...
by WolfgangPauli
Wed Mar 15, 2017 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds - now or later in the year?
Replies: 8
Views: 973

Re: I Bonds - now or later in the year?

I am splitting - $10K now and $10k May 1st. As one poster stated, over the long haul, probably does not matter much. However, would like opinions on the fact that I think iBonds are still a screaming deal (relative to CDS). In my mind, I hate that they took away the fixed component and I really hat...
by WolfgangPauli
Wed Mar 15, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds - now or later in the year?
Replies: 8
Views: 973

Re: I Bonds - now or later in the year?

I am splitting - $10K now and $10k May 1st. As one poster stated, over the long haul, probably does not matter much. However, would like opinions on the fact that I think iBonds are still a screaming deal (relative to CDS). In my mind, I hate that they took away the fixed component and I really hate...
by WolfgangPauli
Sun Mar 05, 2017 10:04 pm
Forum: Personal Consumer Issues
Topic: TV and/or Speakers for Enhanced Voice Clarity [UPDATE]
Replies: 35
Views: 1798

Re: TV and/or Speakers for Enhanced Voice Clarity

hi, Have you looked at the acoustics in the room? I have this EXACT problem in our house in Florida in the main family room. It is all tile and wallboard and open to the kitchen (granite). Can barely understand anything. However, upstairs we have another media / family room that is carpeted, have a ...
by WolfgangPauli
Sun Feb 26, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: "Buffett: Indexing the Best Choice for Investors Large and Small"
Replies: 16
Views: 2542

Re: "Buffett: Indexing the Best Choice for Investors Large and Small"

Looks like he is going to win his bet too on a 10 year return active v. passive. The Girl's club of Omaha are going to be very wealthy when he donates the winnings! Seriously, it amazes me that anyone even debates this anymore. Not only is it a mathematical fact but the empirical evidence is so clea...
by WolfgangPauli
Sun Feb 19, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: 1098-T & 529 question
Replies: 17
Views: 1373

Re: 1098-T & 529 question

I do taxes for TaxAide in MD. My experience is that college 1098-Ts are notoriously inaccurate. We always ask the taxpayer what was actually paid out of their pocket and file the 8863 accordingly. I am not aware of any issues that have come up. We usually hear from the taxpayer if their return is a...
by WolfgangPauli
Sun Jan 15, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 132
Views: 18833

Re: Fidelity free Turbotax

I checked my account and just a simple $20 off. It does not seem to include the "basic" edition, which is available for $30 from Amazon. From what I can see, the basic edition includes all the forms I would need, but doesn't include extras like state tax filing, TurboTax advice/suggestion...
by WolfgangPauli
Sun Jan 15, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Variable Annuity - Need advice
Replies: 14
Views: 1438

Re: Vanguard Variable Annuity - Need advice

Thank you everyone for the great responses. It seems as if I should continue to contribute while I am in a very high tax bracket (I am at the 39% marginal) but then, knowing my tax rate will be far lower when i retire, I will then pull out and save some taxes.

Thanks again!
by WolfgangPauli
Sun Jan 15, 2017 8:33 am
Forum: Personal Consumer Issues
Topic: Washing Machines
Replies: 12
Views: 1147

Re: Washing Machines

FULL DISCLOSURE: I worked at Whirlpool for close to 10 years. Here is what I know: 1) Would definitely go top loader due to the mold issue on front loaders AND the new Top Loaders are HE. For the OP who started this, Top load HE was just getting started in 2004. Plus, you do not need pedestals that ...
by WolfgangPauli
Sun Dec 25, 2016 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Variable Annuity - Need advice
Replies: 14
Views: 1438

Vanguard Variable Annuity - Need advice

Hi, I was in a company years ago where I was not able to contribute to the 401(K) because I was considered "highly compensated" for a few years. To compensate for this, the company gave me, and funded, a variable annuity with Vanguard and I have it in the Balanced Index fund. I talked to t...
by WolfgangPauli
Sun Dec 25, 2016 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: general college investing advice (10 years away)
Replies: 4
Views: 669

Re: general college investing advice (10 years away)

General rule is to ensure you are fully funding your retirement first. No one will lend you money for retirement, they will for college. I made it through and, in fact, was able to fund a very good law school for my son as well. A couple of things: 1) The day s/he is born and has a SSN number, start...
by WolfgangPauli
Sun Dec 25, 2016 10:19 pm
Forum: Investing - Theory, News & General
Topic: Fortune Article - Vanguard Flexes Its Muscle
Replies: 43
Views: 5552

Re: Fortune Article - Vanguard Flexes Its Muscle

This thing about merging brokerage and mutual fund accounts is still going on. I noticed in my screens they say I am eligible to "upgrade" my account. I called and asked what that was and it was, you guessed it, merge brokerage and mutual fund accounts. I asked "Why would I want to d...
by WolfgangPauli
Sun Dec 25, 2016 10:16 pm
Forum: Personal Consumer Issues
Topic: Amazon Echo
Replies: 88
Views: 11116

Re: Amazon Echo

UPDATE: I have now added the capability to turn on and off lights with voice commands - both individual lights or in groups (set up light groups). Clearly, the idea of a "switch" will be an anachronism at some point. If I made light switches, I would start thinking about what is next.
by WolfgangPauli
Sun Dec 25, 2016 10:05 pm
Forum: Investing - Theory, News & General
Topic: Interesting Contrarian View - Buy Bonds - Wealthtrack
Replies: 12
Views: 2565

Re: Interesting Contrarian View - Buy Bonds - Wealthtrack

Most people on T.V. are just "talking their book". Not saying what will happen (how would they know) but rather saying what they want to happen. Keep to your AA and you will be just fine regardless.
by WolfgangPauli
Wed Dec 21, 2016 10:16 pm
Forum: Investing - Theory, News & General
Topic: Fortune Article - Vanguard Flexes Its Muscle
Replies: 43
Views: 5552

Re: Fortune Article - Vanguard Flexes Its Muscle

A fascinating article because I always wondered if I was becoming too critical of Vanguard as they do this "growth at any cost" thing. Having read this, it actually supports what I have been seeing for the last 3-4 years: ⋅ The personal financial advice has become useless. They d...
by WolfgangPauli
Wed Dec 21, 2016 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: First-Time Home-Buyer Needs Advice
Replies: 19
Views: 1387

Re: First-Time Home-Buyer Needs Advice

Buying a home to rent is completely different than buying to live in. Make sure you are ready to be a landlord (2:00am call - toilet is broke) .. :D
by WolfgangPauli
Tue Dec 20, 2016 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: VWIUX Vanguard Intermediate Tax Expt - Should I trade out?
Replies: 22
Views: 2523

Re: VWIUX Vanguard Intermediate Tax Expt - Should I trade out?

Thanks guys. If I did a TLH, what would you recommend as an alternate? Also, how long before returning to VWIUX? Your best bet is probably Vanguard Limited-Term Tax Exempt (VMLTX) or Vanguard Short-term Tax Exempt (VWSTX). To avoid the wash sale, you have to wait at least 30 days. Cheers :sharebeer...

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