Search found 76 matches

by bikechuck
Tue Sep 19, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 58
Views: 4954

Re: Any "average Joe" here actually make out well with individual stocks?

I have one individual stock from a former employer in a tax deferred IRA that I want to sell next year (my first full year of retirement). I want to wait to take advantage of the net unrealized appreciation tax rules when I am in a lower tax bracket. I have been very lucky as this stock is up by app...
by bikechuck
Tue Sep 19, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: CDs and Required Minimum Distributions
Replies: 11
Views: 707

Re: CDs and Required Minimum Distributions

Thank You!

I learned something valuable from these responses as I had incorrectly understood that each IRA was subject to RMDS. I had no idea that you could aggregate them for purposes of determining your RMD and then make the withdrawal from any one of them.

That makes things much easier!
by bikechuck
Tue Sep 19, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: CDs and Required Minimum Distributions
Replies: 11
Views: 707

CDs and Required Minimum Distributions

After my recent retirement I am restructuring and simplifying my portfolio. Nearly all of my investments are in tax advantaged investments and I will be gradually moving funds from my 401K(s) to IRAs. I prefer individual CDs or at least some individual CDs to the total Bond Market funds. However I a...
by bikechuck
Mon Sep 18, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Why is TransUnion pushing True Identity vs credit freeze?
Replies: 15
Views: 2968

Re: Why is TransUnion pushing True Identity vs credit freeze?

The spousal unit and I went with the True Identity option. Hopefully an OK choice.
by bikechuck
Thu Sep 07, 2017 7:19 am
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 25
Views: 2041

Re: New Columbus, Ohio Chapter

Thanks so much for getting this started, I plan to attend.
by bikechuck
Tue Sep 05, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage missing $ again
Replies: 19
Views: 3001

Re: Vanguard Brokerage missing $ again

Posts like these are frightening and make me wonder if I should move away from Vanguard. I had one small problem with them in the past and it was quickly and professionally resolved so I cannot complain about the customer service that I have received. Still, disappearing balances of the type referen...
by bikechuck
Tue Sep 05, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Passive Investing Misconceptions
Replies: 5
Views: 1448

Re: Larry Swedroe: Passive Investing Misconceptions

I found this comment interesting ... Investors should avoid concentrating all of their risk in U.S. equities (due to a home-country bias) As much as I respect Mr. Bogle and Mr. Buffet I intent to keep approx. 20% of my equities in international index funds. I will limit it to 20% based on recommenda...
by bikechuck
Tue Aug 29, 2017 1:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 25
Views: 2041

Re: New Columbus, Ohio Chapter

Just wanted to say thank you to RetiredMarine and to Mel Lindauer for getting this off the ground.
by bikechuck
Mon Aug 28, 2017 2:47 pm
Forum: Investing - Theory, News & General
Topic: What is the best way to buy CDs in an IRA
Replies: 3
Views: 625

What is the best way to buy CDs in an IRA

I am recently retired and targeting a 50% equity/50% Fixed Income portfolio. For the Fixed Income portion I am using TIAA Traditional and a Fixed Annuity (not annuitized) that pays a guaranteed minimum 4.5% as bond substitutes. However these two investments only amount to 2/3 of what I need in fixed...
by bikechuck
Wed Aug 23, 2017 8:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Columbus, Ohio Chapter
Replies: 25
Views: 2041

Re: New Columbus, Ohio Chapter

I live in Dublin, Ohio, am recently retired, and would be interested. If it is just the two of us, send me a private message and worst case we can meet for coffee.
by bikechuck
Tue Aug 22, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: DirecTV vs. Dish vs. Cable
Replies: 21
Views: 1629

Re: DirecTV vs. Dish vs. Cable

I made the mistake of going to Direct TV a month or so ago whilst wandering through Costco. My bill was cut in half vs cable which is nice but I lose my satellite connection in a slight drizzle which is very annoying. Unfortunately we signed a two year contract.
by bikechuck
Sat Aug 05, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7332

Re: Study: Who Sold Stock During the 2008-9 Crash?

Our only investments were in tax deferred retirement accounts. We continued to buy through payroll withholdings and employer contributions all the way down and all the way up again without changing our allocations. At the time we were not as educated about an appropriate asset allocation etc but we ...
by bikechuck
Sat Aug 05, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Roth, Taxes and Mistakes
Replies: 41
Views: 4150

Re: Roth, Taxes and Mistakes

[quote="pshonore"]First, its very unusual for a couple filing MFJ to get a bigger refund by filing separately. I am not sure that I agree with this if you take State Income Taxes into consideration. My spousal unit and I live in a state with a very small joint filing credit and a graduated tax rate ...
by bikechuck
Sat Jul 08, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Last 80 minutes of my career
Replies: 64
Views: 10383

Re: Last 80 minutes of my career

congrats. what did you do? For the past 27 years I was blessed with the opportunity to work for a global non-profit organization that serves libraries. I led a small team in their financial planning & analysis group. I love the mission and values of this company because I love education. I also tau...
by bikechuck
Fri Jul 07, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Last 80 minutes of my career
Replies: 64
Views: 10383

Last 80 minutes of my career

After having W2 income for the past 49 years and since the age of 15, my exit interview with my current employer is 80 minutes from now. I think this was the last stop on my career and my swan song.
by bikechuck
Fri Jun 30, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard recommended Retirement allocation too simple?
Replies: 70
Views: 6842

Re: Vanguard recommended Retirement allocation too simple?

I do not think that it is too simple and I would simplify it further by putting my 50% allocation to bonds entirely in VG Total Bond Mkt Index Fund (VBTLX). For me the purpose of holding bonds is safety and I do not want to expose that portion of my portfolio to currency risk from exchange rate fluc...
by bikechuck
Fri Jun 30, 2017 8:12 am
Forum: Investing - Theory, News & General
Topic: The Index fund fallacy - what we lost sight of!!
Replies: 55
Views: 6838

Re: The Index fund fallacy - what we lost sight of!!

Throughout my lifetime communications and transportation barriers have fallen and the world has increasingly become a Global Village. I think this trend will accelerate and continue. For that reason I will continue to hold some international equities in an index fund(s). I do wish that doing so did ...
by bikechuck
Mon Jun 26, 2017 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 68
Views: 9256

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

I am not particularly computer savvy and I resisted online banking for a time. However, a year or so ago, to capture at least some yield on my cash reserves, I opened an online savings account with Ally and have been pretty much ignoring it. Last week based on this thread I opened four no penalty CD...
by bikechuck
Fri Jun 16, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 7270

Re: Your Favorite Portfolio Tilts

I'll play, I try to follow Taylor's advice re the three fund portfolio with two exceptions. 1) I have some money in a VG small cap value fund in my Roth 2) I have some money in TIAA Real Estate in my 403B with my current employer For now I am keeping both and I will not let either grow to more than ...
by bikechuck
Tue Jun 13, 2017 1:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 214
Views: 28079

Re: Roll Call for the Retirement Class of 2017!

I'm in, my graduation date is set for July 07, 2017. I communicated it a year or so ago, it is firm and final and no going back on it at this point. Yipee! "Firm and final and no going back" sounds like a Top-10 hit Welcome to the class! Bikechuck - are you a bicylist? Have you seen forum...
by bikechuck
Fri Jun 09, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Should equals take SS at FRA or Early to preserve portfolio?
Replies: 30
Views: 2900

Re: Should equals take SS at FRA or Early to preserve portfolio?

Assuming you qualify based on date of birth, one of you should take at FRA and the other file a restricted application for spousal, subsequently filing at 70. The odds are that one of you will survive and find the increased annuity payment of SS worth the wait. I always see this worded in this mann...
by bikechuck
Fri May 19, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA financial advisor?
Replies: 58
Views: 5653

Re: TIAA financial advisor?

I have some funds with TIAA from before my employer changed providers for our retirement program. Approximately three years ago in preparation for retirement (this July) I met with my TIAA advisor for the first time. It was well worth my time and he had several suggestions that I have implemented or...
by bikechuck
Thu May 18, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Is the Vanguard Balanced Index Fund all you need?
Replies: 58
Views: 10166

Re: Is the Vanguard Balanced Index Fund all you need?

This has been an interesting thread and has me contemplating how I want to restructure my portfolio after my wife and I retire later this year. I am now thinking of doing the following ... 1) Use the Vanguard Balanced Index Fund as our core holding however, a 60/40 split is too rich for our risk tol...
by bikechuck
Wed May 17, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 8326

Re: Article: "Our emergency fund is exactly $0.00"

Guess I am more conservative than most. My wife and I are retiring later this year and I like the idea of having 2-3 years of expenses in high yielding savings accounts and CDs so we would not have to withdraw from investments in the event of a prolonged Bear Market.
by bikechuck
Tue May 09, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Question re 401K to IRA conversion at retirement
Replies: 1
Views: 259

Question re 401K to IRA conversion at retirement

I will be retiring in July and I want to move my 401K balances from my employer’s plan to an IRA. I want to move this money to a three fund portfolio using Vanguard funds. I already have some funds from a previous employer with TIAA and I will keep money in TIAA Traditional as a bond substitute so I...
by bikechuck
Fri May 05, 2017 2:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 214
Views: 28079

Re: Roll Call for the Retirement Class of 2017!

Here is the updated Roll Call for the Retirement Class of 2017. So far there are 10 graduates and the year has barely begun. Already graduated - Congratulations!! 03 Jan - oldcomputerguy xx Jan - quantAndHold 30 Jan - Tom1320 (54) 31 Jan - Lance 08 Feb - mrc 28 Feb - munemaker 01 Mar - Johnora 03 M...
by bikechuck
Fri May 05, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Leaving company - what to do with 401k
Replies: 7
Views: 742

Re: Leaving company - what to do with 401k

I can see the benefit of ultimately having all our investments with one provider (i.e. Vanguard), on the other hand I don't mind being a bit diversified and not having all my money with Vanguard. The spousal unit and I have decided not to consolidate our portfolio with one provider. There is some s...
by bikechuck
Thu Apr 20, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 41084

Re: Larry Swedroe says "Goodby."

I would like to thank Mr. Swedroe for his past participation in this online community and to wish him well as he plans to spend more time with his family in retirement. I have learned so much from reading his posts. I would also like to thank Mr. Larimore for summarizing Larry's reasons for his deci...
by bikechuck
Wed Apr 19, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Article-Argument against Buffet and Bogle's International Advice
Replies: 36
Views: 4606

Re: Article-Argument against Buffet and Bogle's International Advice

I have a small allocation to international equities because I value the diversification. I also understand and hate that it exposes me to the risk of currency fluctuations on top of the normal market risk that comes from investing in U.S. based companies. That said, I intend to stay the course and c...
by bikechuck
Thu Apr 13, 2017 1:21 pm
Forum: Personal Consumer Issues
Topic: Please recommend-A new TV with good sound system
Replies: 15
Views: 1249

Re: Please recommend-A new TV with good sound system

I have really enjoyed my ZVOX sound system. The one that I purchased is a black rectangular box that the TV sits on top of (they make sound bars as well). The sound quality exceeded my expectations, the unit looks nice and kind of disappears visually, it is exceedingly simple to set up and has worke...
by bikechuck
Tue Apr 11, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Do Honda Mowers Leave Un-cut Grass Strips? [YES, but...]
Replies: 72
Views: 35629

Re: Do Honda Mowers Leave Un-cut Grass Strips? [YES, but...]

I might as well pile on in case it keeps someone from making the same mistake that many of us have reported. I purchased a twin blade self propelled Honda mower from Home Depot last fall when my crappy Toro failed (I hated that Toro mower). The Honda does run well and has never failed to start on th...
by bikechuck
Tue Apr 04, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed Gifting a car to a daughter who is moving out of state
Replies: 12
Views: 824

Re: Advice needed Gifting a car to a daughter who is moving out of state

My younger daughter finished her PhD at the University of Michigan yesterday. I want to gift her a four year old car that I purchased primarily for her use a while back. She currently has an Ohio drivers license but is moving to California to live with her fiancé with plans to marry later this year...
by bikechuck
Tue Apr 04, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed Gifting a car to a daughter who is moving out of state
Replies: 12
Views: 824

Advice needed Gifting a car to a daughter who is moving out of state

My younger daughter finished her PhD at the University of Michigan yesterday. I want to gift her a four year old car that I purchased primarily for her use a while back. She currently has an Ohio drivers license but is moving to California to live with her fiancé with plans to marry later this year....
by bikechuck
Mon Apr 03, 2017 9:36 am
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin - Madison Meetings - Master Thread
Replies: 104
Views: 25391

Re: Wisconsin - Madison Meetings - Master Thread

Hopefully I am not hijacking the thread if I ask Madison area Bogleheads what it is like to retire in the Madison area? My daughter, her husband and my two granddaughters live in Madison and my wife and daughter are dialing up the pressure for us to relocate there from central Ohio. I always said th...
by bikechuck
Mon Mar 27, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Girlfriend
Replies: 86
Views: 8333

Re: Massive Student Loan Debt - Girlfriend

When I got married my wife had student debt and I did not. Her father advised/encouraged her to take out student loans and then default on them which neither of us were comfortable with. Shortly after getting married we had our first child, my wife dropped out of the workforce for several years and ...
by bikechuck
Fri Mar 10, 2017 9:23 am
Forum: Investing - Theory, News & General
Topic: On Buying Used Cars and Using a Financial Advisor
Replies: 51
Views: 4000

Re: On Buying Used Cars and Using a Financial Advisor

I do not use a paid advisor though I do check in once a year or so for a discussion with Lincoln Financial who runs the retirement program where I work and with an advisor from TIAA where I have funds from a previous retirement plan. There is no charge for reviewing my situation with Lincoln or TIAA...
by bikechuck
Tue Feb 28, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: What's Happened to Vanguard Reps?
Replies: 17
Views: 2305

Re: What's Happened to Vanguard Reps?

I have a very small amount of money with Vanguard in a Roth. When they first set it up, they set it up incorrectly as a traditional IRA. Fortunately I spotted it right away, called them and they corrected it within a week or so (quicker than the time that they said it might take to do so). This was ...
by bikechuck
Tue Feb 28, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Tax forms for after tax 401K roll over to Roth
Replies: 2
Views: 309

Tax forms for after tax 401K roll over to Roth

I have been participating in my employer’s after tax 401K plan for many years and my plan allowed me to initiate a trustee to trustee transfer of 1 )My after tax contributions to a Roth IRA and 2) The taxable earnings on these contributions to a regular IRA. I never received a check and the funds fl...
by bikechuck
Thu Feb 16, 2017 12:42 pm
Forum: Personal Consumer Issues
Topic: Anxiety about buying used car
Replies: 50
Views: 4154

Re: Anxiety about buying used car

I know that you are looking for a used car but I have had mixed results with them and I decided to take a different approach. I always purchased new Honda Civics and drove them close to 200,000 miles. I figured that I could buy two or three new Civics for what many people pay for one new car. They h...
by bikechuck
Fri Feb 03, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: All investments with Vanguard - Should I diversify
Replies: 19
Views: 2161

Re: All investments with Vanguard - Should I diversify

I do believe that there is minimal to no investment risk in focusing all of my investments with VG, Fidelity or Schwab or others but I do think that there is a slightly higher administrative risk. It is possible that there will be a time when I need access to funds during a period where there is a c...
by bikechuck
Wed Dec 14, 2016 10:42 am
Forum: Investing - Theory, News & General
Topic: Edward Jones Annuity Review - Tips before I begin
Replies: 16
Views: 2431

Re: Edward Jones Annuity Review - Tips before I begin

Not all annuities are evil. I have one that I opened ~ 30 years ago that pays a guaranteed minimum 4.5% annual return with a highly rated insurance company. When I retire in 2017 I can take distributions of interest only, draw down some of the principal or let it ride and accrue interest if I choose...
by bikechuck
Thu Dec 08, 2016 2:01 pm
Forum: Investing - Theory, News & General
Topic: McDonald's Stock
Replies: 103
Views: 10700

Re: McDonald's Stock

Interesting thread, I worked for McDonalds for ~ 7 years in the late 70s/early 80s and I still have stock in their retirement and employee stock purchase plans. I no longer want to own individual stocks and I no longer want to own MCD because I do not feel they have good long term prospects. However...
by bikechuck
Fri Dec 02, 2016 3:03 pm
Forum: Personal Consumer Issues
Topic: Gift To Self
Replies: 70
Views: 9229

Re: Gift To Self

After a lifetime of frugality I plan to retire in July of 2017 and I have almost convinced myself to purchase an airstream basecamp travel trailer m. Over the years most of our family vacations have been tent camping and my spousal unit and I want to tour the national parks in the US and Canada afte...
by bikechuck
Fri Sep 16, 2016 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: SHould I consider a restricted application for spousal benefits
Replies: 3
Views: 517

SHould I consider a restricted application for spousal benefits

I plan to retire in the summer of 2017 at age 64 and my spouse who is a year younger will retire soon thereafter. I reached the age of 62 prior to the end of 2015 and my spouse did not. I have a higher SS benefit than my spouse but not by a lot. Based on my understanding of the complex SS regulation...
by bikechuck
Wed Jul 13, 2016 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Where would you invest/rebalance "if"...
Replies: 24
Views: 1742

Re: Where would you invest/rebalance "if"...

Interesting question, as I approach my retirement I am increasingly concerned about the BOND portion of my portfolio. Interest rates cannot go down much further without going negative and if/when they go up I don't want any portion of my portfolio in Long term Bonds. What I have done is to keep a ro...
by bikechuck
Thu Jun 02, 2016 7:50 am
Forum: Investing - Theory, News & General
Topic: Thank you Taylor Larimore
Replies: 51
Views: 9512

Re: Thank you Taylor Larimore

I have learned the most from his three fund portfolio thread. Although I cannot quite get there with the fund choices in my employer's retirement plan, I am moving in that direction and will adopt it more fully when I retire and I can move most of my funds to Vanguard. I especially appreciate Mr. La...
by bikechuck
Wed May 18, 2016 9:57 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1839
Views: 1102372

Re: The Three-Fund Portfolio

When I retire later this year or early next year I plan to move my 401Ks to Vanguard and adopt the three fund approach however I have access to two investments that I think might make sense to keep as part of my bond portfolio. 1) TIAA Traditional currently paying 4% guaranteed 2) A similar fixed an...
by bikechuck
Mon Feb 08, 2016 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Moms $
Replies: 10
Views: 1549

Re: Moms $

I would caution about CDs that not everyone wants to manage CDs. They're like churning credit cards for miles in that you have to constantly keep on top of them. It's a project. I know because I used to do the CD thing, and to make any money above the cash rate in a high yield bank account, you nee...
by bikechuck
Mon Feb 08, 2016 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Moms $
Replies: 10
Views: 1549

Re: Moms $

With all the predictions for lots of market volatility and 4% returns I struggle to find a way to safely invest it for her where she would be getting any kind of decent return to make the risk worth it Thank you Do you think that someone here will know of some secret investment that can guarantee a...
by bikechuck
Sun Feb 07, 2016 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Where to put slush fund $$ & earn some more $$ ?
Replies: 9
Views: 1404

Re: Where to put slush fund $$ & earn some more $$ ?

Yes, we feel that we need up to five years of cash for basic living expenses, for when hard times hit once more, & this is only about 3% of our total assets. Any more suggestions ?? How about half in the Ally savings a/c @ 1% with the rest in a five year CD ladder. That way you have access to 1...