Search found 203 matches

by bikechuck
Sat Feb 24, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Move out of bond fund or not?
Replies: 14
Views: 959

Re: Move out of bond fund or not?

Or you could TLH and, if taxable bonds are appropriate for you, exchange for another intermediate term fund. It's exactly the same amount of work as putting it in the sweep account and then you can leave it there beyond 30 days if you get busy or something. And you might end up with more losses to ...
by bikechuck
Fri Feb 23, 2018 9:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 105
Views: 12977

Re: Roll Call for the Retirement Class of 2018!

Thanks for starting the thread. I am retiring January 2018. I will be 61, my husband has just retired, and he will be eligible for Medicare. I had some second thoughts due to the recent uncertainty about the individual health insurance market, but decided to go for it. A bit hard to lose employer p...
by bikechuck
Fri Feb 23, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Blessed with a difficult decision
Replies: 5
Views: 861

Re: Blessed with a difficult decision

Recently, after retiring, I took a total distribution from a 401K with a former employer. I funneled my investment in stock and bond funds into an IRA and I funneled some company stock into a taxable brokerage account which enables me to take advantage of NUA (net realized appreciation) rules. I wi...
by bikechuck
Fri Feb 23, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Blessed with a difficult decision
Replies: 5
Views: 861

Blessed with a difficult decision

Recently, after retiring, I took a total distribution from a 401K with a former employer. I funneled my investment in stock and bond funds into an IRA and I funneled some company stock into a taxable brokerage account which enables me to take advantage of NUA (net realized appreciation) rules. I wil...
by bikechuck
Thu Feb 22, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 44
Views: 5043

Re: "Bogleheads.org" by Kristine Hayes"

Spell out the acronyms in your posts! Yes, I know how to look them up in a wiki. Yes, I know how to google them. But why should I have to do that???? Many times I just give up and move on to the next post. i think that it is polite to spell out acronyms, it takes the poster a couple of extra second...
by bikechuck
Thu Feb 22, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Giving up on first home
Replies: 43
Views: 4262

Re: Giving up on first home

Before completing any real estate transaction you must first pass through the Valley Of The Shadow Of Doubt. That said, do pay attention to whatever your attorney(s) is saying that is putting them in conflict with your Real Estate agent and do pay attention to the inspector. A good lesson is that al...
by bikechuck
Wed Feb 21, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: JL Collins - The Simple Path to Wealth
Replies: 7
Views: 2257

Re: JL Collins - The Simple Path to Wealth

Thanks for posting this. I watcched it and enjoyed doing so.
by bikechuck
Wed Feb 21, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: JL Collins - The Simple Path to Wealth
Replies: 7
Views: 2257

Re: JL Collins - The Simple Path to Wealth

Thanks for posting this. I watcched it and enjoyed doing so.
by bikechuck
Wed Feb 21, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: What UN-frugal thing do you do?
Replies: 165
Views: 7991

Re: What UN-frugal thing do you do?

Use Verizon for our family cell phone service. We still only get two bars at our house, with all other services we get none. P.S. Never go to a Verizon Authorized Retailer named Victra. Too funny, I was about to post using Verizon as our unfrugal thing. I am tempted to try TMobile's over 55 plan bu...
by bikechuck
Wed Feb 21, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: Ordering a Weber grill this week
Replies: 161
Views: 15085

Re: Ordering a Weber grill this week

^ I've had my Weber for 15 years without a cover. I believe the cover can do more to harm the grill than help it by trapping-in moisture - I too believe you are better off without one. curious if you get a lot of snow where you live and if tthat would make a differernce whether a cover makes sense ...
by bikechuck
Mon Feb 19, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring from Financial Advisor
Replies: 12
Views: 1256

Re: Transferring from Financial Advisor

I meet with a TIAA advisor at no cost (part of a former employer's agreement) on occasion to have him review what I am doing. Note that most of my retirement funds are not invested through TIAA. I have received some excellent advice from him and he has never pressured me to move funds to TIAA. I als...
by bikechuck
Sun Feb 18, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 78
Views: 5743

Re: Sams Club vs Costco

We have a Sam's and Costco writhin 5 miles of our house. The Sams always seems a bit dirty and dingy to both me and my wife. The Costco is clean and orderly and their employees seem to take a sense of pride in the store. Based on this we are Costco customers. We dont go there all that often though a...
by bikechuck
Sat Feb 17, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Act Suggesting Married Filing Separate
Replies: 10
Views: 1412

Re: Tax Act Suggesting Married Filing Separate

During our working years we saved well over ten thousand dollars cumulatively by filing seperately. Usually it did not make much difference on our Federal taxes but we saved a bundle on state taxes because it kept more of each of our incomes in lower state tax brackets. This would vary by state but ...
by bikechuck
Fri Feb 16, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: Cell phone service
Replies: 38
Views: 2496

Re: Cell phone service

Look at the T-Mobile Over 55 deal. Unlimited everything. Free in Canada and Mexico and free text/data internationally. All for $60, taxes inclded, for two lines. My wife and I are considering that plan but we keep hearing that TMobile's rural coverage is poor. I would be interested in people's expe...
by bikechuck
Thu Feb 15, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: My Over $300K Vanguard Balance Disappeared?
Replies: 62
Views: 10084

Re: My Over $300K Vanguard Balance Disappeared?

If this happened to me it would scare the Bejesus out of me and perhaps cause me to move my Vanguard funds to another provider. I admit that might not be rational but I live in fear of my retirement accounts being stolen by bad actors. I want a custodian with excellent IT services and controls.
by bikechuck
Tue Feb 13, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16872

Re: Number at which to stop worrying

Lately I have been taking some comfort in Dirk Cotton's strategy of creating a floor plus upside approach to retirement. My wife and I will both have pretty good Social Security benefits and when combined with our TIAA Traditional and a similar investment we own we have a floor that will largely mee...
by bikechuck
Mon Feb 12, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank no penalty CD withdrawal
Replies: 5
Views: 1067

Re: Ally Bank no penalty CD withdrawal

I'm confident Ally uses the right formula for the calculations. I'm not confident about everything they do, but I'm confident about that. The one time I withdrew early from no-penalty CDs with them the customer service representative asked me why. My reply was the question would be valid coming fro...
by bikechuck
Mon Feb 12, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: Bonavita 1500 vs 1800/1900? (coffee)
Replies: 16
Views: 1261

Re: Bonavita 1500 vs 1800/1900? (coffee)

My preferred drip coffee maker is the Technivorm Moca Master 10 cup with thermal carafe. They are more expensive than the Bonavitas, generally $319 ish but I was able to get one for $220 ish through Massdrop. European cup sizes are small at 4 ounces so we are getting 4-5 mugs for a 10 cup brew. The...
by bikechuck
Mon Feb 12, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6638

Re: I think US interest rates could drop.

I thought interest rates primarily depend on inflation??? My opinion, given recent tax cuts and increased spending the U.S. needs to sell more bonds. If there is not sufficient demand for the bond offerings they will have no choice but to raise interest rates to stimulate demand. So if I were to pl...
by bikechuck
Mon Feb 12, 2018 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5255

Re: Are REITs essentially taboo for years now with rising rates?

midareff wrote:
Sun Feb 11, 2018 7:31 pm
I previously held REIT's in an IRA but migrated out of them last year building a larger position in VFIAX and VTIAX.
What in heavens name do VFIAX and VTIAX stand for?
by bikechuck
Sun Feb 11, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: Bonavita 1500 vs 1800/1900? (coffee)
Replies: 16
Views: 1261

Re: Bonavita 1500 vs 1800/1900? (coffee)

My preferred drip coffee maker is the Technivorm Moca Master 10 cup with thermal carafe. They are more expensive than the Bonavitas, generally $319 ish but I was able to get one for $220 ish through Massdrop. European cup sizes are small at 4 ounces so we are getting 4-5 mugs for a 10 cup brew. The ...
by bikechuck
Sun Feb 11, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4120

Re: How does one emotionally keep it together during market swings?

Having retired last year, this is the first market correction that I have experienced in my deaccumulation phase. While I am not happy about it, I am remaining calm and sticking to my chosen asset allocation. If anything it has made me realize that my allocation is a good one for my level of risk to...
by bikechuck
Sun Feb 11, 2018 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Advice with 401K with current market crash
Replies: 9
Views: 779

Re: Advice with 401K with current market crash

May I respectfully request that you not call this a market crash? After all, you just stated your fund was only down 7%. Using that language is more suitable for a 20% drop or more. 7% is pretty routine and absolutely expected maybe once or twice or more every year. Last year was quite unusual alth...
by bikechuck
Sun Feb 11, 2018 12:44 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 278
Views: 39411

Re: Selling all equities, discuss why I'm wrong. :)

You panicked and sold your entire equity position. I can't imagine there is an investor on this board that thinks that was a good idea. Now what? What is your plan going forward? I am not going to judge as I do not have enough information to do so. Has the other poster won the game and accumulated ...
by bikechuck
Sat Feb 10, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: your assets - now verses end of year?
Replies: 38
Views: 2391

Re: your assets - now verses end of year?

I check once a month at month end. I am comfortable with my overall plan and asset allocation. For a rookie retiree, 2017 vintage, I have remained remarkably calm during the recent correction.
by bikechuck
Sat Feb 10, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Questions for the self employed
Replies: 5
Views: 387

Questions for the self employed

Both my wife and I retired in 2017 and we have never had self employment income in the past. My wife's employer is paying her a small amount for consulting for six months. To keep things simple, lets say this winds up at $26,000 of pre-tax income. We understand that she will need to pay self employm...
by bikechuck
Fri Feb 09, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 219
Views: 27137

Re: Does anyone here with net worths north of $1 mil use financial advisors?

My wife and I have a bit less than 20% of our portfolio with TIAA and my former employer's contract with them came with a provision where we can meet with one of their advisors at no cost. A few years prior to my retirement we decided to take advantage of doing so. I am very happy that I did. We wer...
by bikechuck
Thu Feb 08, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 60
Views: 6837

Re: IRS Form 8606 (Nondeductible IRAs)

This is an interesting thread. I finished our federal returns yesterday (we file separately to take advantage of savings on our state taxes) and my wife had to file form 8606. The 2017 H&R Block software completed the 8606 form properly yesterday and the form header says it is the 2017 version of 86...
by bikechuck
Thu Feb 08, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: "3 Investing Mistakes to Avoid"
Replies: 20
Views: 3392

Re: "3 Investing Mistakes to Avoid"

Personally, I think the goal of a great asset allocation has NOTHING to do with risk/ return, but which one gets you from point A (starting) to point B (death) with as few as behavioral mistakes as possible. This whole MPT age we live in has made it seem like if you massage the data enough you can ...
by bikechuck
Wed Feb 07, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Dumb question: Would you hold International in Taxable vs ROTH for tax purposes?
Replies: 17
Views: 781

Re: Dumb question: Would you hold International in Taxable vs ROTH for tax purposes?

ksualum wrote:
Wed Feb 07, 2018 12:30 pm
They are the Schwab total US stock (SCHB)/Schwab total International stock (SCHF)/ and Schwab total bond (SCHZ) ETFs

Just the equivalent/corollary of Vanguard total US, Total International, and Bond in Schwab . . .
Thanks for this and also for posting your question!
by bikechuck
Wed Feb 07, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Dumb question: Would you hold International in Taxable vs ROTH for tax purposes?
Replies: 17
Views: 781

Re: Dumb question: Would you hold International in Taxable vs ROTH for tax purposes?

So, I am re-doing all of my investments and just moving to a 3-fund 33/33/33 SCHB/SCHF/SCHZ I have a dumb question. . . . would it be wise to hold the majority of my international in my taxable? I have read before that you can write off your taxes on international stocks if held in taxable, but you...
by bikechuck
Wed Feb 07, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Traditional
Replies: 8
Views: 351

Re: TIAA Traditional

student wrote:
Wed Feb 07, 2018 11:18 am
Here is a data point. I essentially use TIAA Traditional as the fixed income portion of my asset allocation.
I am doing this as well but I need to add other Bonds/CDs etc to get the fixed income amount up to where I want it in my portfolio.
by bikechuck
Wed Feb 07, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Retired or close to it -- what do you hold in bond portion?
Replies: 41
Views: 4002

Re: Retired or close to it -- what do you hold in bond portion?

Interesting thread, I am 64.5 years old and my wife is a year younger. We are retired and our allocation is 50% equities and 50% fixed income. Our Fixed Income is 1/3 TIAA Traditional in two accounts paying between 3.0 and 4.0% 1/3 in a Fixed Annuity (not annuitized that I can sell all or part of at...
by bikechuck
Tue Feb 06, 2018 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 127
Views: 8898

Re: Torn between Vanguard, Fidelity and Schwab

would avoid vanguard given the IT problems, the lack of intervention by their leadership, and their IT issues in down days Would say yes to vanguard if you buy and hold and never need any customer service, and dont mind IT problems I have never worked for a company that did not have problems with t...
by bikechuck
Mon Feb 05, 2018 8:27 pm
Forum: Investing - Theory, News & General
Topic: "A Target-Date Fund Series Wins Gold"
Replies: 35
Views: 3912

Re: "A Target-Date Fund Series Wins Gold"

Would far prefer a four fund or target over the three fund portfolio. 3 fund has its limitations. Past performance does not guarantee future results, Well, that depends on what is included in the fourth fund. If you are suggesting an international bond fund I will never own one because my reason fo...
by bikechuck
Mon Feb 05, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14623

Re: Vanguard site is crashed now?

Today it was Vanguard's turn to experience problems with their platform. The next time it could happen to ABC company or XYZ, eventually it will visit most companies at one time or another. Unless it becomes a recurring issue this is more of an argument to distribute your holdings across more than o...
by bikechuck
Mon Feb 05, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Today was a Really Bad Day
Replies: 278
Views: 46550

Re: Today was a Really Bad Day

Wish I was still working so I could some buying at these prices.
by bikechuck
Mon Feb 05, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying and reorganizing finances
Replies: 7
Views: 775

Re: Simplifying and reorganizing finances

I would never invest all of my funds with a single firm. Having your portfolio at two or more firms reduces risks that you cannot access your funds in the event of s systems failure or fraud or hacking event. If that were to occur it would likely get straightened out eventually but it could take a w...
by bikechuck
Mon Feb 05, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: Being a Disciplined Investor - How do you avoid temptations?
Replies: 41
Views: 2719

Re: Being a Disciplined Investor - How do you avoid temptations?

We all know the importance of being a discipline investor but what are the tricks you use to stay discipline. Because of my age and length of time I have before retirement my portfolio consists of Index funds. I have 75% in VTSAX, 20% in VGTSX and 5% in VEMIX. But from time to time I find myself wa...
by bikechuck
Sun Feb 04, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Coverage in Rural Areas
Replies: 31
Views: 1139

Re: T-Mobile Coverage in Rural Areas

Tmobile a few years ago acquired a lot of band 12 (700 mhz) lte spectrum. However, a lot of low end and older phones dont have support for this band, so if you are trying to reuse an older phone or cheap out and get an older phone, tmobile might actually have coverage but your phone won't pick up t...
by bikechuck
Sun Feb 04, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Coverage in Rural Areas
Replies: 31
Views: 1139

Re: T-Mobile Coverage in Rural Areas

When traveling in rural areas, I also still use my Garmin GPS whenever I remember to bring it. That is my back-up plan as well and I needed to use it as a Verizon customer in West Va recently. I do prefer using Google Maps when I can because they have real time information regarding traffic acciden...
by bikechuck
Sun Feb 04, 2018 3:14 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Coverage in Rural Areas
Replies: 31
Views: 1139

Re: T-Mobile Coverage in Rural Areas

Not sure where you're planning to go but in the rural Western US Verizon has the best network by far. It's still spotty or even non-existent once you're away from towns or off major highways. As mentioned above you can download a map section in Google Maps so you can use it offline if you don't hav...
by bikechuck
Sun Feb 04, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 13693

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

If I had a pension like yours I would adopt a far more aggressive mix than my current 50/50 Equity to Fixed Income mix that I am maintaining at the age of 64.5. Probably starting at 70/30 and I would likely not let my equities drift any higher than 80%. What a nice problem to have, you will most lik...
by bikechuck
Sun Feb 04, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Coverage in Rural Areas
Replies: 31
Views: 1139

T-Mobile Coverage in Rural Areas

After 25 plus years the spousal unit and I are considering abandoning Verizon for cell phone coverage in favor of T-Mobile's $60.00 a month plan for folks over 55 years old. Our understanding is that this is for unlimited talk, text and data and includes all taxes and fees. It is less than half of w...
by bikechuck
Fri Feb 02, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 60
Views: 6837

Re: IRS Form 8606 (Nondeductible IRAs)

I have a question regarding this form when it does become available. If this is your second year of executing a "backdoor" Roth where you 1) Make a non-deductible contribution to a traditional IRA and then 2) Convert this traditional IRA to a Roth IRA Assume that you complete the above steps in the...
by bikechuck
Fri Feb 02, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 60
Views: 6837

Re: IRS Form 8606 (Nondeductible IRAs)

I have a question regarding this form when it does become available. If this is your second year of executing a "backdoor" Roth where you 1) Make a non-deductible contribution to a traditional IRA and then 2) Convert this traditional IRA to a Roth IRA Assume that you complete the above steps in the ...
by bikechuck
Thu Feb 01, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Transfer my Roth IRA from Fidelity to Vanguard?
Replies: 6
Views: 682

Re: Should I Transfer my Roth IRA from Fidelity to Vanguard?

In this day of computer failures and hacking I would never expose myself to the risk associated with having all of my investments with a single provider.
by bikechuck
Wed Jan 31, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: looking for positive experiences transferring to Vanguard
Replies: 39
Views: 2243

Re: looking for positive experiences transferring to Vanguard

I just finished up a trustee to trustee transfer from a former employer's 401K to a Vanguard IRA. I initiated the roll-over by working with my former employer. I did call Vanguard a couple of weeks ago to open an unfunded IRA and to let them know the funds would be coming. I expected this to take 10...
by bikechuck
Wed Jan 31, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing TIAA-CREF Holdings
Replies: 9
Views: 897

Re: Rebalancing TIAA-CREF Holdings

TIAA-CREF Traditional is one of their best offerings. What is the guaranteed return on the CREF Traditional? You might find the guaranteed return higher than the current yield of the total bond market. I could be wrong but I don't think there is a CREF Traditional. My understanding is that traditio...