Search found 3501 matches

by dratkinson
Thu Sep 29, 2016 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Furious about adult education class [Investment seminar]
Replies: 42
Views: 3270

Re: Furious about adult education class

If you're that passionate about it, pay the $40 and ask some questions or start conversations during the class that help people understand there are differing philosophies among the investing community. Make the statement that index funds largely require minimal maintenance and are affordably price...
by dratkinson
Sun Sep 25, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Best online bill payment service.
Replies: 30
Views: 1831

Re: Best online bill payment service.

I'm one who prefers my creditors' ABP (automatic bill payment) plans, over bank online bill pay. Why? It's much less work for me after it's set up and working correctly. About 10-years of use and only one easily-resolved problem*. * USAA's old ABP system didn't well handle mixed payment schedules---...
by dratkinson
Sun Sep 25, 2016 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Inherited Whole Life Insurance Policy
Replies: 9
Views: 1019

Re: Inherited Whole Life Insurance Policy

The correct answer, as you are learning this young and already have needed insurance, is to cash it out and invest it yourself, as you'll get a better return than paid by the insurance company. Generally, whatever an insurance company suggests you do... do the opposite. So if they suggest: (1) buy m...
by dratkinson
Fri Sep 23, 2016 3:44 pm
Forum: Personal Consumer Issues
Topic: OTA Antenna
Replies: 19
Views: 2000

Re: OTA Antenna

^^^ Most excellent! Had to go check mine. You are correct, both (digital convert boxes attached to analog TV and VCR, using different terminology) have the ability to do an overwriting scan of the channel list, and an updating scan of the channel list. In my case, I must go back and turn off all the...
by dratkinson
Fri Sep 23, 2016 2:57 am
Forum: Personal Consumer Issues
Topic: What SUV for Sister in law?
Replies: 15
Views: 1204

Re: What SUV for Sister in law?

Sorry. Above came at this problem backwards. Was thinking about vehicle capabilities and not the more important desire to restrict payments to $300/mo. Assuming: 5-yr, 2% loan, my financial calculator WAGs a loan amount of ~$17.1K. Assuming: 5-yr, 4% loan, my financial calculator WAGS a loan amount ...
by dratkinson
Thu Sep 22, 2016 4:09 pm
Forum: Personal Consumer Issues
Topic: OTA Antenna
Replies: 19
Views: 2000

Re: OTA Antenna

Was brainstorming ideas for TV reception as a friend is planning on moving to a mountain home. Multiple antennas. Was wondering if it would be possible to use multiple antennas for your mother---point each to strong signal areas. Searched "multiple TV antenna to one feed line" and found: h...
by dratkinson
Thu Sep 22, 2016 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Threshold for pre-notifying credit card companies?
Replies: 40
Views: 2464

Re: Threshold for pre-notifying credit card companies?

If memory serves... Several years back, Kroger was offering 10% cash discount on ~$1500 purchase if we spent our tax refund with them. (Didn't really need to brings in refund check, just spend the money.) My purchase was denied when I attempted to purchase 3x $500 (largest denomination) Kroger gift ...
by dratkinson
Thu Sep 22, 2016 2:50 pm
Forum: Personal Consumer Issues
Topic: What SUV for Sister in law?
Replies: 15
Views: 1204

Re: What SUV for Sister in law?

Add Subaru Outback to list if Forester is personally objectionable. Outback is reported to be a more comfortable, quieter vehicle.
by dratkinson
Tue Sep 20, 2016 6:23 pm
Forum: Personal Consumer Issues
Topic: Advice on snowblower
Replies: 62
Views: 2668

Re: Advice on snowblower

OP's steep driveway. I question the 30-degree guess, as that is very steep for a driveway. You can check it. After reading this, I wondered about the steepness of my driveway. (Had previously guessed it to be ~15-degrees.) So I measured it by using a small level and adjustable protractor. --Level h...
by dratkinson
Mon Sep 19, 2016 5:51 pm
Forum: Investing - Theory, News & General
Topic: Bond Fund vs. Individual Bonds
Replies: 20
Views: 1635

Re: Bond Fund vs. Individual Bonds

After reading two of the Wiki-recommended bond books (Swedroe, Thau) and the list of pros/cons of owning individual bonds and funds, I decided that I didn't have the temperament or desire to manage individual bonds. And I certainly didn't want the excitement of sharing in the defaults of either GM o...
by dratkinson
Mon Sep 19, 2016 4:06 pm
Forum: Personal Consumer Issues
Topic: Advice on snowblower
Replies: 62
Views: 2668

Re: Advice on snowblower

Briefly used less capable machines before settling on current: Craftsman Trac II 5 hp 24". Bought off CL. I'm guessing its ~20+ years old now. Only has pull start and starts quickly every year. Thinking electric start would be nice... one of these days. Mine weighs ~150 lbs and does require som...
by dratkinson
Sat Sep 17, 2016 4:53 pm
Forum: Personal Consumer Issues
Topic: Recommendations for External Hard Drive
Replies: 47
Views: 3125

Re: Recommendations for External Hard Drive

Option. You could run a HD repair tool against your HD. I suggest this because I run SpinRite on my old PC (the one posting this, a '95 Dell P2 with a 20MB HD) to magnetically recondition the HD data surface whenever it starts acting flaky. So far, so good. Buy SpinRite from grc.com. It's a small, q...
by dratkinson
Sat Sep 17, 2016 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Confused - where to put extra savings?
Replies: 17
Views: 2411

Re: Confused - where to put extra savings?

Taxable space vs. tax-advantaged space. More tax-advantaged space is better than less. Any loss due to the 401a fee will be made up in future tax-sheltered growth after you rollover your after-tax contribution to your IRA. Agree with your selection of the Vanguard index option. The only time I've se...
by dratkinson
Fri Sep 16, 2016 12:15 pm
Forum: Personal Consumer Issues
Topic: Popping Gas Water Heater
Replies: 17
Views: 1653

Re: Popping Gas Water Heater

Assuming you have a gas WH (heated from the bottom), not an electric WH (heated from the sides). Assuming you have a layer of sediment buildup on the bottom of the tank (trapping enough heat under the layer that bubbles form, then collapse when they exit the layer), not a layer of calcium coating al...
by dratkinson
Fri Sep 16, 2016 11:48 am
Forum: Investing - Help with Personal Investments
Topic: 1 year as a BH, and a big thanks
Replies: 1
Views: 379

Re: 1 year as a BH, and a big thanks

Congratulations on your successful turnaround.

Keep the rubber side down.
by dratkinson
Tue Sep 13, 2016 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Lump Sum Bill Pay
Replies: 8
Views: 759

Re: Lump Sum Bill Pay

Then. I use to do that (lump sum semi/annual payments) with my insurance (car, home, umbrella), just to get it out of the way and have fewer checks to write each each month. But then I discovered my creditors' ABP (automatic bill payment) plans, where I allow them to withdraw their monthly payments ...
by dratkinson
Mon Sep 12, 2016 5:10 pm
Forum: Personal Consumer Issues
Topic: Best Flashlight to keep in home for emergency
Replies: 56
Views: 3604

Re: Best Flashlight to keep in home for emergency

The light you get depends upon what you need it for. Home power outage, room lighting. 3-in-1 (night light, flashlight, power failure light) Lite Saver from cs-power.com. Each is good for 12hrs. I stopped looking for home emergency lighting solutions when I found this. Ordered from website. See: htt...
by dratkinson
Sun Sep 11, 2016 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: What kind of account for after-tax windfall?
Replies: 11
Views: 1446

Re: What kind of account for after-tax windfall?

More information, please. Federal tax bracket. What is your federal tax bracket? If you're in the 10% bracket, then TBM is the recommended bond fund. (We know FL has no state income tax.) Income. Excluding the $500K, what is your total annual income from all sources: SS, bank interest, RMD from $21K...
by dratkinson
Sat Sep 10, 2016 6:05 pm
Forum: Investing - Theory, News & General
Topic: 60 Year SWR Model
Replies: 15
Views: 1908

Re: 60 Year SWR Model

Recall from a recent topic, a member pointed out that a Firecalc 2.5% SWR left principle intact, in all cases, after accounting for inflation. (Believe I correctly remember the wording.)

Could recreate Firecalc exercise for your case.
by dratkinson
Sat Sep 10, 2016 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Hmm...how would you tweak this portfolio? Can I consider early retirement?
Replies: 57
Views: 4648

Re: Hmm...how would you tweak this portfolio? Can I consider early retirement?

Remembered something. Took a while to get back as it required a while to find it again. If we retire early, our old earnings history is indexed (for inflation?) until the time we do take SS benefits. See: https://www.ssa.gov/pubs/EN-05-10070.pdf A quick look through above implies that our SS benefit...
by dratkinson
Sat Sep 10, 2016 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 88
Views: 15495

Re: Is Being a Private Banking Client Worth it?

... Block Trades on large positions in dark-pools Direct access to prop private equity deals sourced by the bank. Private access to hedge fund managers and highly unique networking meetings Syndicate access to IPOs prior to retail investors Very competitive rates in FX hedges for business transacti...
by dratkinson
Sat Sep 10, 2016 3:52 pm
Forum: Personal Consumer Issues
Topic: How hard to convert 1993 Chev truck AC from R-12 to R134
Replies: 4
Views: 556

Re: How hard to convert 1993 Chev truck AC from R-12 to R134

+1.

My old '90 Montero's AC still works fine. If/when it needs work, will consider repairing before replacing. Or I'll buy a new(er) vehicle.
by dratkinson
Sat Sep 10, 2016 5:06 am
Forum: Personal Finance (Not Investing)
Topic: "Letter of Final Instructions"
Replies: 45
Views: 5753

Re: "Letter of Final Instructions"

Data point. Recall reading that if our body has "needed organs" harvested, then medical facilities do not accept medical donation. (This is on my list to double-check.) This implies we should remove the "organ donation" annotation from our driver's license. Isn't organ donation ...
by dratkinson
Sat Sep 10, 2016 3:31 am
Forum: Investing - Help with Personal Investments
Topic: Moving 4M from Goldman. retired and needs 200K/Y
Replies: 55
Views: 8904

Re: Moving 4M from Goldman. retired and needs 200K/Y

... Since you mentioned Bonds, I have no idea what I should do with these Bonds. I'm waiting for the phone call from Vanguard adviser but I won't do anything until I know better about these. (I read the Wiki sites but wow Bond is tough to understand for me) Most of them are state Muni bonds with 5%...
by dratkinson
Fri Sep 09, 2016 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: What kind of account for after-tax windfall?
Replies: 11
Views: 1446

Re: What kind of account for after-tax windfall?

The short answer. Suggestion. Create a 30/70 asset allocation in a taxable account... --24%, VTSMX (total US stock market index) --6%, VGTSX (total international stock market index, 6% = 20% of 30% equities) --70%, VWLTX (LT national muni, 70% bonds) or, simpler, if you don't want to mess with rebal...
by dratkinson
Thu Sep 08, 2016 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Confused - where to put extra savings?
Replies: 17
Views: 2411

Re: Confused - where to put extra savings?

... If you were allowed to roll money in this secondary plan out to Roth IRA on a regular basis (at least once or twice a year) that would be a real benefit. See if that is a possibility. +1. You may have the opportunity to contribute to a "Mega Backdoor Roth IRA". See: https://www.bogleh...
by dratkinson
Thu Sep 08, 2016 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: $160,000 c/o loss vs a similar gain [Carry-over loss vs. gain]
Replies: 7
Views: 685

Re: $160,000 c/o loss vs a similar gain [Carry-over loss vs. gain]

Believe a carryover loss can only be used at $3K/yr. Netting rules for ST and LT capital gains See grabiner: https://www.bogleheads.org/forum/viewtopic.php?p=2770994#p2770994 "You can net either way. 1. Net short-term gains and losses. 2. Net long-term gains and losses. 3. Net any remaining sho...
by dratkinson
Thu Sep 08, 2016 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: How do you stop yourself from checking your balances?
Replies: 66
Views: 3877

Re: How do you stop yourself from checking your balances?

I use to check more frequently and worried more about what I needed to do to keep my investments on track. Now I don't. What happened? 2-3 years back, a member noted how easy it would be to implement the BH investing method in pseudo-code. Which got me to thinking about building the checks (AA rebal...
by dratkinson
Thu Sep 08, 2016 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie, Hopeful for some Great Advice!!
Replies: 10
Views: 827

Re: Newbie, Hopeful for some Great Advice!!

Good start.

Please edit your original post to include the information requested in the sticky "Asking Portfolio Questions".
See: viewtopic.php?f=1&t=6212

Just add the additional information to the bottom of your original post.


Welcome.
by dratkinson
Wed Sep 07, 2016 4:56 am
Forum: Personal Finance (Not Investing)
Topic: Navy Fed "code word"--is this the wave of the future?
Replies: 30
Views: 3566

Re: Navy Fed "code word"--is this the wave of the future?

... Local walk-in account access. Navy Fed should be a member of the CU Coop network. Meaning you can access your Navy Fed account from any Coop-participating B&M CU near your home. The main reason I would expect to need to go to a B&M branch would be if I have difficulty in opening new acc...
by dratkinson
Tue Sep 06, 2016 8:11 pm
Forum: Personal Consumer Issues
Topic: Road Bike vs. old timey styles ?
Replies: 11
Views: 938

Re: Road Bike vs. old timey styles ?

JohnFiscal wrote:... Why is it that most new bikes now have top tube that drops down toward the seat tube (or up towards the stem tube)?


Was told by LBS that it gave more stand-over height at seat. Seemed logical do didn't ask further.
by dratkinson
Tue Sep 06, 2016 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Navy Fed "code word"--is this the wave of the future?
Replies: 30
Views: 3566

Re: Navy Fed "code word"--is this the wave of the future?

... I am also very happy with my CDs at Navy Fed (though it DID take me a couple of months, multiple phone calls, and three in-person visits before I could even open an account there in the first place.) I don't live close enough to a Navy Fed branch that routine in-person visits are likely in the ...
by dratkinson
Tue Sep 06, 2016 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Hmm...how would you tweak this portfolio? Can I consider early retirement?
Replies: 57
Views: 4648

Re: Hmm...how would you tweak this portfolio? Can I consider early retirement?

Believe a 50/50 AA to be fine. Can revisit this issue after you take SS. Agree you should have more equities in your tax-advantaged space. Why? To get tax-sheltered growth, you first must have growth components (equities) in your tax-sheltered space. Agree it's a good idea to convert your tax-deferr...
by dratkinson
Mon Sep 05, 2016 2:37 pm
Forum: Investing - Theory, News & General
Topic: Am I understanding dividend terminology correctly?
Replies: 5
Views: 653

Re: Am I understanding dividend terminology correctly?

Current yield and SEC yield are both "annual" yields Current yield does not represent the amount received as a periodic payment, unless it's an annual payment. Current yield is based on current dividend and price. See: http://www.investopedia.com/terms/c/currentyield.asp SEC yield is more ...
by dratkinson
Mon Sep 05, 2016 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: "Letter of Final Instructions"
Replies: 45
Views: 5753

Re: "Letter of Final Instructions"

Thanks. Been looking for a way to organize everything. Data point. Recall reading that if our body has "needed organs" harvested, then medical facilities do not accept medical donation. (This is on my list to double-check.) This implies we should remove the "organ donation" annot...
by dratkinson
Sat Sep 03, 2016 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Drawing down Roth savings for college
Replies: 16
Views: 1195

Re: Drawing down Roth savings for college

"Plan for the worst, hope for the best." There is currently a forum topic seeking career advice for a disable MD. You believe you have more than enough in your Roth and are on track for a bright career and comfortable retirement. You could be wrong. You can repay a student loan. You can NO...
by dratkinson
Fri Sep 02, 2016 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Too much muni exposure?
Replies: 14
Views: 1786

Re: Too much muni exposure?

I have been asking this a while a started a couple good threads. At what point should Total Bond be the investment of choice, if ever? I think your asking this question repeatedly is a good indication that you have too much muni exposure and the same is probably true for me. I think it makes more s...
by dratkinson
Thu Sep 01, 2016 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: OK to use Muni Fund in Taxable if still room in IRA for bonds?
Replies: 19
Views: 1525

Re: OK to use Muni Fund in Taxable if still room in IRA for bonds?

I thought about this recently. See: https://www.bogleheads.org/forum/viewtopic.php?p=3037264#p3037264 I see nothing wrong with maintaining the same AA in each account. Besides being logically easier to rebalance, it leaves more equities in tax-advantaged accounts. More equities = more growth. I used...
by dratkinson
Wed Aug 31, 2016 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Too much muni exposure?
Replies: 14
Views: 1786

Re: Too much muni exposure?

Thought about this a few years back. Reviewed my logic last year looking for changes in opinion and new opportunities. I recall TBM is ~1/3 each: treasury, MBS, corporate. MBSs are deprecated. Munis are claimed to safer than corporate of same duration/quality. Meaning munis should be preferred over ...
by dratkinson
Wed Aug 31, 2016 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Recommended bond fund in this non-tax-advantaged account? (Plus 2 smaller questions)
Replies: 7
Views: 809

Re: Recommended bond fund in this non-tax-advantaged account? (Plus 2 smaller questions)

^^^ Too bad. I was hoping zacks was accurate* enough as it's easier for my old PC to access vs Vanguard. (Called myself checking zacks/Vanguard in the past and it was accurate then. Checked today and concede your point.) Relicking the SEC-yield calf: https://personal.vanguard.com/us/funds/snapshot?F...
by dratkinson
Tue Aug 30, 2016 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Recommended bond fund in this non-tax-advantaged account? (Plus 2 smaller questions)
Replies: 7
Views: 809

Re: Recommended bond fund in this non-tax-advantaged account? (Plus 2 smaller questions)

^^^ When comparing yields, we are told to use only (compare) the SEC yields. Why? Because current yield and performance are backward looking, SEC yield is forward looking. So use SEC yield for future planning. To compare fixed income investments: For CDs, use the APY. For taxable bond funds, use the...
by dratkinson
Mon Aug 29, 2016 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Recommended bond fund in this non-tax-advantaged account? (Plus 2 smaller questions)
Replies: 7
Views: 809

Re: Recommended bond fund in this non-tax-advantaged account? (Plus 2 smaller questions)

The current math says you would be better off with TBM. (When I went this route in 2008, the 15%-math said the opposite.) See SEC yield : https://www.zacks.com/funds/mutual-fund/quote/VBTLX VBTLX = 2.44% VWLUX = 1.98% / .85 = 2.33% (If you are going to reach for yield, then I prefer LT over IT.) How...
by dratkinson
Mon Aug 29, 2016 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice + Break up with UBS?
Replies: 12
Views: 1032

Re: Portfolio advice + Break up with UBS?

... Since all of your investments are in tax-advantaged accounts, there are no tax consequences (taxes owed) to making your changes as quickly as you want. The sooner you change, the sooner you stop the fees. 59% of my portfolio is in taxable, so there will definitely be tax consequences. That bein...
by dratkinson
Sun Aug 28, 2016 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice + Break up with UBS?
Replies: 12
Views: 1032

Re: Portfolio advice + Break up with UBS?

I would be pretty mad if a family member was screwing me financially. Just move your account all at once. Call Vanguard and get it done. Its a little like removing a bandaid. Pull it off as quickly as you can, as soon as you can. Lingering only prolongs the pain. Judging from the funds you identifi...
by dratkinson
Fri Aug 26, 2016 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Disclosure: My Colorado muni bond fund: WTCOX.
Replies: 3
Views: 485

Re: Disclosure: My Colorado muni bond fund: WTCOX.

Here's a comparison of WTCOX with another CO muni mutual fund by Nuveen FCOTX (and I added the Vanguard national muni VWITX) https://www.fidelity.com/fund-screener/compare.shtml#!&fIds=FCOTX%2CWTCOX%2CVWITX&tab=pf Interesting that the Nuveen seems to out perform the other two regarding retu...
by dratkinson
Wed Aug 24, 2016 6:15 pm
Forum: Personal Consumer Issues
Topic: Winter Tires: Yay or Nay
Replies: 105
Views: 5869

Re: Winter Tires: Yay or Nay

You can see the difference winter tires make for yourself. How? Was at the library swapping books recently so used the time to research my next vehicle... and tires: all-season vs winter. Found lots of YouTube videos . Recall seeing some from "tirerack.com". The difference in traction prov...
by dratkinson
Wed Aug 24, 2016 4:29 pm
Forum: Personal Consumer Issues
Topic: AC blower motor died. need replacement
Replies: 20
Views: 1152

Re: AC blower motor died. need replacement

Idea. Oil furnace motor bearings to prevent failure. I don't have central air, swamp cooler instead, but do have central heat. Wanting to avoid bearings going bad from lack of lubrication, pulled out furnace air circulating motor carrier to oil motor the first and second years I was in my new/old ho...
by dratkinson
Wed Aug 24, 2016 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund to Choose
Replies: 8
Views: 1196

Re: Which Bond Fund to Choose

... One small caveat is that I only have another retirement account. I just dont have enough space in it for my bond allocation across all portfolios. Im thinking its still better to have bonds in a retirement account even if the expense ratio is a bit higher. Echoing stlutz's point... More partial...
by dratkinson
Tue Aug 23, 2016 6:57 pm
Forum: Investing - Theory, News & General
Topic: 401K Fees [401(k) Lawsuits increasing due to fiduciary standard]
Replies: 27
Views: 1677

Re: Edward Jones Sued Over Its Own Employee 401k Plan

I've been feeling left out... EJ reps were visiting other BHs, but not me. That changed last week when a new EJ rep (retired Marine) knocked on my door. He looked puzzled when I told him I felt sorry for him. Told him to read "The Arithmetic of Active Management", Rick Ferri (another forme...

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