Search found 4946 matches

by bertilak
Fri Dec 02, 2016 8:20 pm
Forum: Investing - Theory, News & General
Topic: What is the advantage of Mutual Funds over ETFS?
Replies: 25
Views: 931

Re: What is the advantage of Mutual Funds over ETFS?

... once your fury at the injustice subsides and you stop saying "Curse you, IRS! Curse you, ETFs! Curse you, RMDs!" you use, apparently, Form 5329, which I suppose has a line on it that says "Enter 'splanation here." My fury at injustice subsides very slowly. Well, that's if I ...
by bertilak
Fri Dec 02, 2016 8:09 pm
Forum: Investing - Theory, News & General
Topic: What is the advantage of Mutual Funds over ETFS?
Replies: 25
Views: 931

Re: What is the advantage of Mutual Funds over ETFS?

This is especially troublesome when taking RMDs. You really need to be sure you don't undershoot or you will have some 'splainin' to do to the IRS. Is it really necessary to get the exact minimum of one's RMD, or can one be happy with an extra $30 to $100 in the RMD? And can't one have both ETFs an...
by bertilak
Fri Dec 02, 2016 7:22 pm
Forum: Investing - Theory, News & General
Topic: What is the advantage of Mutual Funds over ETFS?
Replies: 25
Views: 931

Re: What is the advantage of Mutual Funds over ETFS?

2) Ease of purchasing or redeeming any desired specific dollar value. For example, I recently redeemed shares in order to buy $5,000 worth of series I savings bonds. I was able to redeem the right amount to yield $5,000.00 to the penny after tax withholding. With an ETF I'd have had to round up to ...
by bertilak
Thu Dec 01, 2016 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 92
Views: 5223

Re: Pay off mortgage?

I almost feel like it's a bit of a hedge against inflation. Actually, after typing that I found out via Google that it's a very unoriginal idea. Curious as to hear thoughts on that. If your expenses are X and 25% of that is a mortgage payment then only .75X of you expenses are subject to inflation ...
by bertilak
Thu Dec 01, 2016 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 92
Views: 5223

Re: Pay off mortgage?

Admiral wrote:There is nothing "guaranteed" about it. I hope mine goes up, but I don't count on it.

What is guaranteed is that your cash flow will improve.
by bertilak
Thu Dec 01, 2016 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 92
Views: 5223

Re: Pay off mortgage?

It is more than psychological. It has financial advantages as well. [list][*]It is guaranteed. No "expected" returns that may turn out other than expected. The guarantee makes it better than a one-for-one trade-off. You could say the same thing about CDs. The stock market will never guara...
by bertilak
Thu Dec 01, 2016 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 92
Views: 5223

Re: Pay off mortgage?

But psychologically, I'd much rather have no mortgage, and cover all expenses with my one salary, and let the $300k just sit there and grow. It is more than psychological. It has financial advantages as well. ⋅ It is guaranteed. No "expected" returns that may turn out other than...
by bertilak
Thu Dec 01, 2016 11:28 am
Forum: Investing - Theory, News & General
Topic: Answer Me This: RMD CONUNDRUM>
Replies: 5
Views: 741

Re: Answer Me This: RMD CONUNDRUM>

Selling low for your RMD is not a problem if you simply reinvest in the same asset in your taxable account.
by bertilak
Thu Dec 01, 2016 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 92
Views: 5223

Re: Pay off mortgage?

mortfree wrote:not always. lose your job and you have no income... might not be able to get the HELOC??

But at least you won't have to come up with mortgage payments.
by bertilak
Thu Dec 01, 2016 11:11 am
Forum: Personal Finance (Not Investing)
Topic: What level of wealth will get the attention of an estate attorney?
Replies: 28
Views: 4358

Re: What level of wealth will get the attention of an estate attorney?

When we went to an estate planning attorney (single lawyer, not a firm), one of the first questions she asked was our net worth. She said if it was above a certain number, she wouldn't do our plan and would instead recommend a different lawyer who specialized in higher net worth estates. She also r...
by bertilak
Thu Dec 01, 2016 10:44 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 144
Views: 10037

Re: SEC and "Past Performance" requirement

Staythecourse: I did as you suggest. This is from the SEC website: Mutual Funds, Past Performance This year's top-performing mutual funds aren't necessarily going to be next year's best performers. It’s not uncommon for a fund to have better-than-average performance one year and mediocre or below-a...
by bertilak
Wed Nov 30, 2016 9:10 am
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 52
Views: 4357

Re: Three fund portfolio for retirement

Alternatively, purchase small real life annuities over time to compensate for the real income losses incurred by the nominal pension income. A while back laddered SPIAs were my "official" plan but I decided paying off my mortgage was a better use of the money, so that's what I did. It's m...
by bertilak
Wed Nov 30, 2016 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Retirement distribution
Replies: 7
Views: 865

Re: Retirement distribution

My wife and I collect SS in the amount of $48,000/year. There is no other income. We need to increase that amount to $60,000. Our choices are take money from taxable account or use dividends/interest from tax deferred account. Which one would you recommend? Once RMD’s are started I would think that...
by bertilak
Wed Nov 30, 2016 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Retirement distribution
Replies: 7
Views: 865

Re: Retirement distribution

My wife and I collect SS in the amount of $48,000/year. There is no other income. We need to increase that amount to $60,000. Our choices are take money from taxable account or use dividends/interest from tax deferred account. Which one would you recommend? Once RMD’s are started I would think that...
by bertilak
Tue Nov 29, 2016 11:46 am
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 52
Views: 4357

Re: Three fund portfolio for retirement

It gets easier as you approach retirement. I would hope that to be the case, but at least in my situation I doubt it. Even at retirement age, I may have some kids in college, be supporting others with special needs, and possibly having to assist with grandkids. Life does not always work out as simp...
by bertilak
Tue Nov 29, 2016 10:44 am
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 52
Views: 4357

Re: Three fund portfolio for retirement

The hard part of this isn't picking the ETFs, but rather getting the duration matching of the TIPS to retirement income done appropriately. Also using this method you are focused on how much income you will have in retirement and how close you are to being on track. BobK Actually, it always seems t...
by bertilak
Mon Nov 28, 2016 5:03 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 52
Views: 4357

Re: Three fund portfolio for retirement

The essential point of this three fund portfolio is to control retirement income volatility, and in turn retirement spending volatility, thru the duration matching of assets to income. For in retirement planning it is this risk of the volatility of retirement income, not the volatility of the inves...
by bertilak
Mon Nov 28, 2016 10:55 am
Forum: Forum Issues and Administration
Topic: Slow loading of pages.
Replies: 6
Views: 584

Re: Slow loading of pages.

livesoft wrote:C'mon! Isn't it CyberMonday? Stuffing all those packets through the internet wires and cables must've have slowed things down.

The big bulky items (TVs, home theater systems, etc.) must really put a load on things!
by bertilak
Mon Nov 28, 2016 10:17 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2006
Views: 515078

Re: What Book Are You Currently Reading? Part VI

My problem is that I have "caught up" with my favorite authors...Michael Connelly, John Sandford, James Lee Burke, Lawrence Block, Johathan Kellerman and several others. I must await new books as I have read all. The series books are appealing to me. Currently reading Stephen White's &quo...
by bertilak
Mon Nov 28, 2016 10:01 am
Forum: Investing - Theory, News & General
Topic: What do your allocation numbers look like?
Replies: 14
Views: 1255

Re: What do your allocation numbers look like?

I guess I missed the point of the thread. I am not sure of the purpose and was trying to help. I did notice that the thread has not received many responses thus far and I can speculate that is because of the ticker symbols or confusion. Even if I knew what all those funds are I am still at a loss a...
by bertilak
Mon Nov 28, 2016 9:42 am
Forum: Personal Consumer Issues
Topic: When should I upgrade my wireless router? (RT-N56U)
Replies: 43
Views: 3572

Re: When should I upgrade my wireless router? (RT-N56U)

All this talk about upgrading led me to investigate my own router a little. It's an ASUS RT-AC66U. I was concerned about lack of speed, especially on the 5G band. Here's what I found. There is a setting called Channel Bandwidth. Mine was at the factory default of 20/40 MHz on both 2.4G and 5G. I cha...
by bertilak
Sun Nov 27, 2016 2:12 pm
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 215
Views: 20561

Re: What is your favorite consumer product?

Speaking of rum, Pyrat rum...with pineapple juice...I used to doubt brand loyalty when it came to rum. No longer. Good call. I have a couple of bottles of Pyrat rum stashed away right now. If you like Pyrat then you need to try Zaya rum. It is my favorite for sipping. No mixers allowed. What's your...
by bertilak
Sat Nov 26, 2016 8:12 pm
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 215
Views: 20561

Re: What is your favorite consumer product?

What consumer staple products do Bogleheads consider to be the best when it comes to food, beverage, personal or household products. Have you discovered an everyday product that exceeds your expectations, be it particular brand or item. My new favorite is from Costco. It's Cottonelle Ultra Comfort ...
by bertilak
Sat Nov 26, 2016 12:17 pm
Forum: Personal Consumer Issues
Topic: What IS this? Salad tongs for elves?
Replies: 60
Views: 4997

Re: What IS this? Salad tongs for elves?

I have no idea if it is indeed a skirt/dress holder... But in my grandmothers kitchen, in rural America, in the seventies, there was one on either side of the kitchen sink. Screwed into the cabinet face. She hung "tea towels" or wash rags on them. I have seen this myself. One useful featu...
by bertilak
Sat Nov 26, 2016 11:59 am
Forum: Investing - Theory, News & General
Topic: What was your Asset Allocation before and after retirement?
Replies: 75
Views: 6196

Re: What was your Asset Aloocation before and after retirement?

I have no good answer to the first half of your question (before retirement). Before retirement I had no idea what my asset allocation was. All my money was with an advisor. I asked him several times to tell me what the strategy was behind the hodge-podge of investments he had me in and he never eve...
by bertilak
Fri Nov 25, 2016 4:52 pm
Forum: Personal Consumer Issues
Topic: Quicken 2017 special offer vs Amazon.
Replies: 10
Views: 1512

Re: Quicken 2017 special offer vs Amazon.

Just sayin... wrote:Quicken Premier download: $109.95 list ,on sale for $65.95

Yup. I lost $5 by waiting one day!
by bertilak
Fri Nov 25, 2016 4:50 pm
Forum: Personal Consumer Issues
Topic: Quicken 2017 special offer vs Amazon.
Replies: 10
Views: 1512

Re: Quicken 2017 special offer vs Amazon.

I also bit the bullet on 2017. I dis so because I was able to line up a complete back-out: 2016 install executable already at the R10 level per Quicken. There was some trouble because Quicken had lost track of me. I signed in at the web page and got a message that I had no purchase history so was no...
by bertilak
Fri Nov 25, 2016 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Please Help [Portfolio help]
Replies: 5
Views: 506

Re: Please Help

Your annual income is more than many people have saved in a lifetime so I think you are in pretty good shape. My unofficial advice: ⋅ Pay off student and car loans. ⋅ Look for advice specifically for high-income people. I can't help you here but others will probably post. ⋅&...
by bertilak
Thu Nov 24, 2016 11:37 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2080
Views: 507923

Re: What Movie Have You Recently Watched?

I watched the first half hour or so new Rocky Horror. I was disappointed and saw no reason to continue watching. There was something wrong with the soundtrack; it was muffled. This was recorded off of DirecTV which has never given me problems like this in the past. I do think Victoria Justice was at...
by bertilak
Thu Nov 24, 2016 11:27 pm
Forum: Personal Consumer Issues
Topic: Quicken 2017 special offer vs Amazon.
Replies: 10
Views: 1512

Re: Quicken 2017 special offer vs Amazon.

Thanks all for the input.

Looks like there were a LOT of fixes in R3. That makes me want to wait for a release that has only a few fixes. That is, some sign that things are settling down.

I will ponder for a day or two!
by bertilak
Thu Nov 24, 2016 5:49 pm
Forum: Personal Consumer Issues
Topic: Quicken 2017 special offer vs Amazon.
Replies: 10
Views: 1512

Quicken 2017 special offer vs Amazon.

So, where do we stand on updating to the new Quicken 2017? Joy or Horror? Premier is now offered by Quicken for a very decent savings. It's only $60, down from $110. The deal has only 4 or 5 days left. I see Amazon has it for the same price but don't know if that's a sale price that will also run ou...
by bertilak
Wed Nov 23, 2016 11:23 am
Forum: Personal Consumer Issues
Topic: Fountain Pens - Do you use one?
Replies: 76
Views: 3711

Re: Fountain Pens - Do you use one?

Abe wrote:Go here to solve leaky pen problem. :happy

https://www.amazon.com/s/ref=nb_sb_noss ... +protector

I tried to buy one but was told I needed to supply a transcript from an accredited engineering school.
by bertilak
Wed Nov 23, 2016 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Only three VG funds in my 403 (b)
Replies: 17
Views: 1286

Re: Only three VG funds in my 403 (b)

My 403 (b) got rid of: VG Inflation Protected Securities Inv. (VIPSX) VG Energy Fund Inv. Shares (VGENX) Now they replaced it with 3 new Vanguard funds: VG Small-Cap Growth Index Fund Admiral (VSGAX) VG Developed Markets Index Admiral (VTMGX) VG Mid Cap Growth Fund Inv. Shares (VMGRX). I wish they ...
by bertilak
Mon Nov 21, 2016 9:06 pm
Forum: Personal Consumer Issues
Topic: Samsung Exploding Washing Machines & CPSC Involvement
Replies: 33
Views: 3949

Re: Samsung Exploding Washing Machines & CPSC Involvement

Anyone had Samsung come by and do the actual repair yet? Had an appointment but no-show and no call to cancel. Samsung and the service company they hired to do the job are really mucking things up. Web page is flaky. Phone goes unanswered. I finally got through to ask about the no-show. They said m...
by bertilak
Mon Nov 21, 2016 11:20 am
Forum: Personal Consumer Issues
Topic: When should I upgrade my wireless router? (RT-N56U)
Replies: 43
Views: 3572

Re: When should I upgrade my wireless router? (RT-N56U)

killjoy2012 wrote:B was the first major standard, then G, then N. AC is the latest, but still fairly new.

Yes, I heard they skipped preparation H.
by bertilak
Mon Nov 21, 2016 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Medicare announces premiums for 2017
Replies: 1
Views: 523

Re: Medicare announces premiums for 2017

For those without a WSJ subscription, here are the costs from the horse's mouth: https://www.medicare.gov/your-medicare-costs/index.html
Or, more concise: https://www.medicare.gov/your-medicare- ... lance.html
by bertilak
Mon Nov 21, 2016 11:02 am
Forum: Investing - Theory, News & General
Topic: Father passed - First steps to taking over finances?
Replies: 25
Views: 2154

Re: Father passed - First steps to taking over finances?

In my experience 50 is closer to reality than 5. I guess I was lucky not needing that many. ANOTHER THING I needed: A copy of the obituary as printed in a local newspaper. Some places (I forget which) needed both death certificate and obituary. The obituary is trickier than you might think. At leas...
by bertilak
Mon Nov 21, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: Father passed - First steps to taking over finances?
Replies: 25
Views: 2154

Re: Father passed - First steps to taking over finances?

Sorry for your loss. First things first... slow down. Good for you guys wanting to get it sorted out, but it won't be done quickly. They will need the death certificate for about all the things you're looking into. I would wait until that's in hand before even talking with anyone about accounts. At...
by bertilak
Fri Nov 18, 2016 3:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2006
Views: 515078

Re: What Book Are You Currently Reading? Part VI

I recently picked up a collection of Edgar Allan Poe's poetry and am occasionally dipping into it. This of course includes The Raven , a true masterpiece. It also has my favorite, Annabel Lee : It was many and many a year ago, In a kingdom by the sea, That a maiden there lived whom you may know By t...
by bertilak
Fri Nov 18, 2016 10:25 am
Forum: Investing - Theory, News & General
Topic: Individual stocks that are sound w/ indexing
Replies: 84
Views: 5215

Re: Individual stocks that are sound w/ indexing

Okay, this is a great site for sharing ideas and opinions ... One of the ideas you should internalize before acting on your opinions is the difference between investing and speculating. Does anyone on this forum think Warren Buffett, Sergio Brin, Larry Paige, Elon Musk, Jeff Bezos, eg., companies a...
by bertilak
Thu Nov 17, 2016 10:14 am
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 1796

Re: Download quotes to excel spreadsheet

https://monosnap.com/file/MSKcrvETERqWzB4NLiDS9kkR0AWzLM.png It points to charts.yahoo.com, which is different than the URL you're using, which suggests that Yahoo is already doing a pretty decent job of maintaining backwards compatibility. To me, that means your efforts are likely premature. Thank...
by bertilak
Thu Nov 17, 2016 9:56 am
Forum: Personal Finance (Not Investing)
Topic: AARP annuity; is it a scam?
Replies: 48
Views: 12592

Re: AARP annuity; is it a scam?

I think the basic shift in picture is for the investor/retiree to change the frame from wealth to income. The annuity directly addresses income. Trying to measure it as an investment forces the discussion into the wrong framework. So, along with this, wealth has to be assessed as a source of one's ...
by bertilak
Thu Nov 17, 2016 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Coffee House Portfolio in Retirement?
Replies: 13
Views: 2051

Re: Coffee House Portfolio in Retirement?

I anticipate the most we would need to draw every month is @ $1,000. Then again when we hit 70 1/2 IRS' RMD will arise. Remember that whatever you take from the IRA via RMD can be reinvested in a taxable account, less taxes paid. So it's not like you lose the whole RMD amount. AND, once you are dra...
by bertilak
Wed Nov 16, 2016 8:00 pm
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 1796

Re: Download quotes to excel spreadsheet

I used the GUI to create an external data link. Data -> From Web I entered the url and ask that the data range be refreshed when opening the spreadsheet. Obviously if your url changes you will need to find another one that gets you the data you want. What I am looking for is an ALTERNATIVE way to a...
by bertilak
Wed Nov 16, 2016 5:13 pm
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 1796

Re: Download quotes to excel spreadsheet

I just tried the URL you gave in a browser and it created a file named quotes containing 54.77. Maybe it no longer works with Excel? But that seems odd. The 54.77 is exactly what I want. That's the price I want to plug into my spreadsheet. That URL works perfectly. The WEBSERVICE function plops the...
by bertilak
Wed Nov 16, 2016 4:48 pm
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 1796

Re: Download quotes to excel spreadsheet

It's a bit clunky but the MSN Money web query still works for some versions of Excel. I've used it on Excel 2007. I cannot vouch for its security. http://www.thewindowsclub.com/get-stock-quotes-excel That's the method I use in Excel 2010. Unfortunately, the prices are not always current. Meaning, i...
by bertilak
Wed Nov 16, 2016 4:43 pm
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 1796

Re: Download quotes to excel spreadsheet

Raybo wrote:I found this page (http://www.financialwisdomforum.org/gum ... o-data.htm) that describes what all the codes are and other useful description of using this yahoo feature.

Yup. Handy info. Good to have that page posted here for reference.
by bertilak
Wed Nov 16, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 1796

Re: Download quotes to excel spreadsheet

So, I don't like being dependent on a single, apparently unofficial, solution. Another, more robust, solution would be welcome. Anyone know of one? Design: My excel portfolio workbook has a hyperlink to a web-published google sheet of price quotes. Use copy/paste to update excel. Process to update ...
by bertilak
Wed Nov 16, 2016 10:19 am
Forum: Personal Consumer Issues
Topic: Products to cope with other drivers' LED headlight
Replies: 45
Views: 4177

Re: Products to cope with other drivers' LED headlight

kashmoney wrote:What about getting your windows tinted?

At least where I live it is illegal to tint the windshield.
by bertilak
Wed Nov 16, 2016 10:07 am
Forum: Investing - Theory, News & General
Topic: Download quotes to excel spreadsheet
Replies: 26
Views: 1796

Re: Download quotes to excel spreadsheet

Here's a simple function to retrieve Price. Definitely works in Office 2007 and 2010 and here is also version for 2013 http://www.parago.de/blog/2009/01/07/update-installer-for-msn-like-stock-quotes-add-in-for-excel-2007.html If you look inside all that you will find that the heart of it contains: ...

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