Search found 246 matches

by bikechuck
Sat Apr 07, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Need new bedroom furniture
Replies: 23
Views: 1211

Need new bedroom furniture

We are moving from our home of 30 years to a patio home and my wife says our 40 year old bedroom furniture in our master bedroom is not coming with. I am not battling her on this, what we have is pretty beat up and not worth attempting to salvage, we will donate it if we can find someone who will ac...
by bikechuck
Sat Apr 07, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy??? [Excess W-4 withholding, got large tax refund]
Replies: 31
Views: 3487

Re: Am I Crazy???

Am I crazy? Yes, Rather than making an interest free loan to Uncle Sam consider investing this money in a no penalty cd with Ally or building a CD ladder with CDs of your choice of a duration that makes sense to you depending on your need to access the funds. Sit back, relax and build some wealth w...
by bikechuck
Sat Apr 07, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 14803

Re: Swedroe: Look Beyond 60/40 Portfolio

Wow. This confirms my suspicion that there is more risk in bonds than what is commonly perceived. I remember posting about this and getting poo-pooed. This makes me feel fortunate to have worked for a company that offered TIAA traditional (a variable annuity which I have not annuitized) and which I...
by bikechuck
Fri Apr 06, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Keep TIAA Real Estate when moving everything else to Vanguard?
Replies: 4
Views: 382

Re: One Fund Company?

In my opinion, it is much better to have everything in a single, strong, low-cost mutual fund company than spreading investments around. I listed the risks and advantages in this earlier post: What Are The Risks (and advantages) of Investing in One Fund Company Best wishes. Taylor There are very fe...
by bikechuck
Thu Apr 05, 2018 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Keep TIAA 403(b) or roll to Vanguard IRA?
Replies: 5
Views: 433

Re: Keep TIAA 403(b) or roll to Vanguard IRA?

I have some money in TIAA from earlier in my career amounting to approx 1/5 of my retirement portfolio. I have it mostly invested in traditional where half is earning 4% and the other half 3.75%. I feel fortunate to have this and I am using it as a portion of my fixed income investments as I feel it...
by bikechuck
Wed Apr 04, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Who uses Schwab and what are the up and downsides?
Replies: 41
Views: 2715

Re: Who uses Schwab and what are the up and downsides?

My wife's retirement funds are with Schwab and we plan to keep them there. I would never consider keeping all of our investments with a single provider. Too much risk these days as any business can be hacked. If your investment firm was hacked it might eventually get sorted out and you might and pro...
by bikechuck
Wed Apr 04, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 56
Views: 15902

Re: Make your retirement money last

as an fyi, just finished first draft of Your Complete Guide to a Safe and Secure Retirement, it will cover the broadest array of topics of any retirement book to date. Hopefully will get out around year end Larry Thanks so much for posting this, I will order it and read it when it is released. Ther...
by bikechuck
Wed Apr 04, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: Builder wants $800 to vent a gas cooktop
Replies: 53
Views: 3980

Re: Builder wants $800 to vent a gas cooktop

It was from the GE Profile series with I believe 500 cfm capability at the highest setting. Which as you say, sounds like a leaf blower but fortunately it comes with four different speeds and we rarely use above level 2 which is pretty quiet and does a good job removing smells and heat. As to your ...
by bikechuck
Tue Apr 03, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Builder wants $800 to vent a gas cooktop
Replies: 53
Views: 3980

Re: Builder wants $800 to vent a gas cooktop

FraggleRock wrote:
Tue Apr 03, 2018 8:28 pm
Walk away.
Find another house and builder.
Walking away would cost us $5,000 at this point which is more painful than the $800 to vent the gosh darn thing.
by bikechuck
Tue Apr 03, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: Builder wants $800 to vent a gas cooktop
Replies: 53
Views: 3980

Re: Builder wants $800 to vent a gas cooktop

A dedicated exhaust fan (no microwave) above a stove and vented to the outside via a good duct system can't be beat for smoke, fish odors, etc, etc. Recirculating it only passes the air through grease filters but the smell remains. Install a microwave elsewhere for better accessibility, longevity (...
by bikechuck
Tue Apr 03, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: Builder wants $800 to vent a gas cooktop
Replies: 53
Views: 3980

Builder wants $800 to vent a gas cooktop

There will be a microwave above the cook top and we have two choices 1) Vent to the outside and pay $800 to do so 2) Recirculate the air after passing it through a filter This is not a custom home, there are only these two choices and the price cannot be negotiated. What say you Bogleheads, is it wo...
by bikechuck
Sun Apr 01, 2018 9:28 am
Forum: Personal Consumer Issues
Topic: New On-screen Guide for Direct TV
Replies: 17
Views: 1260

Re: New On-screen Guide for Direct TV

Just curious but isn't a valid move sufficient reason to terminate the contract without penalty? [/quote] Unfortunately I do not think so and worse still I will need to pay for a new dish and a new installation at the new place, those costs were absorbed by Direct TV for the initial service. That s...
by bikechuck
Sun Apr 01, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: New On-screen Guide for Direct TV
Replies: 17
Views: 1260

Re: New On-screen Guide for Direct TV

My wife and I HATE Direct TV, unfortunately we signed on to a two year contract. We happen to be moving this Oct and at that time we will have less than 12 mos remaining. At that time I will contact other providers to see if anyone would be willing to buy us out in exchange for changing services. Wh...
by bikechuck
Sun Apr 01, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 5244

Re: Should I loan my child money for college?

These are difficult choices. My wife and I helped until it hurt while our two daughters were in college and then had each of them borrow some money. My thought was that if we were both employed after they graduated we could help them pay off their loans. We did stay employed while they were in schoo...
by bikechuck
Fri Mar 30, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Co-worker told me 401k/403b is a bad idea.
Replies: 52
Views: 5713

Re: Co-worker told me 401k/403b is a bad idea.

You didn’t pay tax on putting it in so as long as the RMD doesn’t boost you into a higher bracket in retirement, you came out ahead. If she’s working and taking RMD/SS it may be worse (high bracket with salary too) than a 401k Roth would’ve been. While I agree that this is true re the amounts that ...
by bikechuck
Fri Mar 30, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: bid-ask spread for limit orders
Replies: 24
Views: 1464

Re: bid-ask spread for limit orders

I have $3500 to invest for baby. My 1st choice is VTSAX. But since I don't have $10k, it's out of the question. I also want to separate it from my own VTSAX. So ETF comes to mind. I read that mutual fund is preferred over ETF because of bid-ask spread but you can invest in mutual fund and then conv...
by bikechuck
Fri Mar 30, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: bid-ask spread for limit orders
Replies: 24
Views: 1464

Re: bid-ask spread for limit orders

I have $3500 to invest for baby. My 1st choice is VTSAX. But since I don't have $10k, it's out of the question. I also want to separate it from my own VTSAX. So ETF comes to mind. I read that mutual fund is preferred over ETF because of bid-ask spread but you can invest in mutual fund and then conv...
by bikechuck
Thu Mar 29, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Is 100% VTSAX (+ bonds) the best portfolio?
Replies: 14
Views: 1542

Re: Is 100% VTSAX (+ bonds) the best portfolio?

I'm back testing using portfolio visualizer and VTSAX with bonds (such as 80% VTSAX, 20% total bond) beats anything I throw at it. Is a 2-fund portfolio actually the best thing to do? Using tickers: https://www.portfoliovisualizer.com/backtest-portfolio Using asset classes: https://www.portfoliovis...
by bikechuck
Tue Mar 27, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Why is Vanguard not answering the phone
Replies: 31
Views: 4409

Re: Why is Vanguard not answering the phone

Response time must be vary depending on traffic. I have always been surprised by the low wait times and good service that I have experienced with Vanguard compared to my other financial services providers.
by bikechuck
Tue Mar 27, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: When to Take Social Security (again...)
Replies: 62
Views: 5155

Re: When to Take Social Security (again...)

That's what I was thinking about lately. Since you're getting a guaranteed 8% return waiting on SS. You could theoretically withdraw more than 4% until then no? Define guaranteed ... I am not so sure about this guarantee given the financial shakiness of the system and the lack of political will to ...
by bikechuck
Sun Mar 25, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8067

Re: How old were you when you started spending your “principal”?

My wife and I are spending principal in our first year of retirement. We are upsizing from our very small house of 26 years to a mid sized condo that is more expensive and in a better neighborhood. Wre will likely spend some in year two as well. Once we begin taking Social Security in year 3 we will...
by bikechuck
Sun Mar 25, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?
Replies: 89
Views: 8110

Re: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?

why did they close your accounts? Per their T&C they can close without explaining why. Have you calculated whether you lost any money? Markets might be down from where they sold your positions. Right now it is down, but that may change by the time it gets over to TDAM. Likely was some minor MS on a...
by bikechuck
Fri Mar 23, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: What is the sentence for laminating a Medicare Card?
Replies: 20
Views: 3072

What is the sentence for laminating a Medicare Card?

Recently I applied for Medicare and I received and promptly laminated my cardboard medicare card. I am told that I might have violated prohibitions against laminating social security and/or medicare cards. Does anyone know how many years I am looking at? I am told that there is no reduction in sente...
by bikechuck
Mon Mar 19, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity
Replies: 13
Views: 1023

Re: Annuity

Not all annuities are evil. I have a fixed annuity (not annuitized) that pays a guaranteed minimum 4.5%. I can add or withdraw funds without penalties.

It is a great bond fund substitue.
by bikechuck
Sun Mar 18, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating Price on a new build condo
Replies: 9
Views: 927

Negotiating Price on a new build condo

I would like to sell my house and purchase a condo. I was wondering if developers ever negotiate price on new developments or if it is pretty much take it or leave it pricing. The place I am looking is approx 70% sold so I doubt if there is much wiggle room but I do not want to be a chump.
by bikechuck
Sun Mar 18, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE
Replies: 43
Views: 6935

Re: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE

I have a basic question from a new member (joined in January). I’ve read the threads on the forum, but I’d like to hear it from the man himself. What strategies would you use to avoid the sequence of returns risk? Thank you, Andy Great question. I would like to hear the answer to that. Will be inte...
by bikechuck
Fri Mar 16, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Federal court tosses out fiduciary rule
Replies: 60
Views: 6304

Re: Federal court tosses out fiduciary rule

The first line of defense against all of this is to be an educated investor. The second line of defense is to invest primarily or soley in low cost index funds. The third line of defense is to avoid market timing. In other words follow the Boglehead approach to investing. Sadly, most people are not ...
by bikechuck
Tue Mar 13, 2018 6:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's New Podcast Series
Replies: 19
Views: 2774

Re: Vanguard Podcast Series

Mel, thanks for posting this, I enjoyed the podcast. While I'm at it I would also like to say thank you for all off the time and erffort that you spend on the Boglehead community
by bikechuck
Mon Mar 12, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: Need help on car decision: Honda CRV vs luxury car used
Replies: 62
Views: 4258

Re: Need help on car decision: Honda CRV vs luxury car used

Nothing beats an odyssey for hauling bikes inside. Not even a full sized SUV. Agree, I love my Odyssey for hauling bikes especially on vacation. They are protected from the elements and more secure when stopping to shop or overnight at a motel. I also like that I can roll my tandem in without remov...
by bikechuck
Mon Mar 12, 2018 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Low interest guaranteed fund vs bond index fund in 401K
Replies: 4
Views: 549

Re: Low interest guaranteed fund vs bond index fund in 401K

I have a small 401K from a former employer that I am using to hold a portion of my fixed income investments. Through this 401K I have access to a guaranteed income fund currently paying 1.75%. The 1.75% rate is low and I have not been using it extensively. However, given my expectation that interes...
by bikechuck
Mon Mar 12, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: Should we buy my wife a new car?
Replies: 53
Views: 3493

Re: Should we buy my wife a new car?

baseballbogle.....I have bought a brand new car exactly once in my life. I will not do it again. FWIW, I would buy a Toyota, two years old with low mileage. And be sure that you either pay in cash, or you can pay off the loan within a year. Just my 2 cents. I have purchased both new and used cars i...
by bikechuck
Mon Mar 12, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: Excellent experience with Vanguard customer service
Replies: 6
Views: 1283

Excellent experience with Vanguard customer service

I called today and asked for help executing a transaction that I had not previously done on my own. I had them on speaker phone so I could do this myself as they talked me through it. My wait time was zero. The Vanguard rep was polite, helpful and knowlegable. My wife listened in and commented about...
by bikechuck
Mon Mar 12, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Low interest guaranteed fund vs bond index fund in 401K
Replies: 4
Views: 549

Low interest guaranteed fund vs bond index fund in 401K

I have a small 401K from a former employer that I am using to hold a portion of my fixed income investments. Through this 401K I have access to a guaranteed income fund currently paying 1.75%. The 1.75% rate is low and I have not been using it extensively. However, given my expectation that interest...
by bikechuck
Fri Mar 09, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 124
Views: 11812

Re: Why International again?

I follow Vanguards recommendation to diversify at 40% international. They know more than me. https://investor.vanguard.com/investing/investment/international-investing They know more than me too, but so do Jack Bogle and Warren Buffet. There are smarter people than me on all sides of this issue. I ...
by bikechuck
Thu Mar 08, 2018 10:37 am
Forum: Investing - Theory, News & General
Topic: Move out of TIAA?
Replies: 19
Views: 2013

Re: Move out of TIAA?

Not much advantage to meeting with your TIAA advisor, in my opinion. One question to understand is whether you have any TIAA Traditional in a restricted account. Do you? Also, it might work better rolling your entire TIAA balance to a Roth IRA at TIAA first. Then do a simpler transfer of the Roth I...
by bikechuck
Fri Mar 02, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: Kitchen features
Replies: 98
Views: 5918

Re: Kitchen features

Totally wish we had installed an instahot water tap for tea. We make tea all the time. This was by far the most favorite feature of our kitchen remodel. Also love our pullouts in our pantry.as a first runner up. Hillview you might be able to add the instant hot water tap after the fact. I don't thi...
by bikechuck
Fri Mar 02, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: when to file restricted application
Replies: 2
Views: 238

Re: when to file restricted application

I am in a similar situation as I will turn 66 in June of 2019 and my wife turns 65 in July of 2019. Our current plan is for her to take her bernerfit in May of 2019 and for me to file for a restricted application in June of 2019. I will then wait until I am 70 to file for my benefit. However if the ...
by bikechuck
Wed Feb 28, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Dealership oil change worth it?
Replies: 69
Views: 5103

Re: Dealership oil change worth it?

I have two Hondas which I bought at two different dealerships, I will not use dealership A for anything due to all of the negative posts in this thread. I do like dealership B as they match coupons, do excellent work and do little to no suggestive selling. I would use a local mechanic but I have not...
by bikechuck
Wed Feb 28, 2018 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA and me again (and Vanguard)
Replies: 16
Views: 1417

Re: TIAA and me again (and Vanguard)

I have some money with TIAA from a former employer's 403 b plan. I left the funds with them and have them in traditional. One chunck is earning 4% and another 3.5%. The 4% chunk is subject to a ten year withdrawal period but the 3.5% chunk is not. I also own some TIAA Real Estate in an IRA. I am hap...
by bikechuck
Tue Feb 27, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: $20,000 emergency fund in bonds or MM?
Replies: 15
Views: 1517

Re: $20,000 emergency fund in bonds or MM?

For emergency funds I like Ally 11 month no penalty CDs. They had a nice rate of 1.75 percent for a while and I was fortunate to purchase them at that time. I might need to renew them at a lower rate but I will likely continue using them for my emergency funds.
by bikechuck
Tue Feb 27, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Frightening letter from Experian
Replies: 9
Views: 2592

Frightening letter from Experian

I have my credit frozen with the three major credit bureaus, Chex Systems and Innovis. Today I received a letter from Experian that has me concerned for two reasons 1) It has my name spelled wrong though it has been spelled properly on their web site and in all past interactions 2) The letter says t...
by bikechuck
Mon Feb 26, 2018 10:21 pm
Forum: Investing - Theory, News & General
Topic: Bubbles Everywhere
Replies: 41
Views: 6729

Re: Bubbles Everywhere

Tressider seems like a bright guy. I have visited his web site often and he could very well be right in his analysis. As a 2017 retiree his writing confirms that I want to stay at 50/50 for now. It also makes me wonder if I should use more cds and dial back on the bonds a bit. Tressider is a good wr...
by bikechuck
Mon Feb 26, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 205
Views: 10696

Re: How Far is to Far, Commuting?

I commute 40 miles to work every day. It is worth it for my boyfriend and I because we carpool (we work at the same place) in his Prius most days. It's also worth it for us because the cost of living is much, much cheaper in our small town compared to the larger town we work in. Some days the drive...
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: 1264

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: 160
Views: 20111

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: 940

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: 940

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: 60
Views: 8746

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: 4551

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...