Search found 826 matches

by dwickenh
Fri Dec 15, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: For those in retirement, how close is your post retirement spending to your pre-retirement estimate?
Replies: 26
Views: 2157

Re: For those in retirement, how close is your post retirement spending to your pre-retirement estimate?

Just retired 18 months ago and have kept spread sheet on fixed costs of 30,504 which includes healthcare. Total with discretionary is 50,260 including several nice vacations and traveling to kids on the west coast. I am not taking SS at this time, and we will splurge more on discretionary spending w...
by dwickenh
Wed Dec 13, 2017 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: States with tax-friendly policies for dividends/LTCG
Replies: 13
Views: 1455

Re: States with tax-friendly policies for dividends/LTCG

The Hall tax in TN is being phased out at a rate of 1% per year and in 2022 TN will join the few other states that have no personal income tax at all. http://www.tennessean.com/story/news/politics/2016/05/20/gov-bill-haslam-signs-hall-income-tax-cut-repeal-into-law/84044810/ https://taxfoundation.o...
by dwickenh
Wed Dec 13, 2017 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: 3 accounts, 30 plus funds, 330,000 value, 2 advisers
Replies: 15
Views: 1296

Re: 3 accounts, 30 plus funds, 330,000 value, 2 advisers

As far as the college tuition goes, you would be better off to get them student loans than use your retirement accounts. It is easier to get a student loan than a retirement loan(there are no retirement loans). I would also spend a little time doing some reading on this forum and formulate a plan to...
by dwickenh
Tue Dec 12, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm Insurance, Time to Leave
Replies: 56
Views: 4808

Re: State Farm Insurance, Time to Leave

Just finished my first year with Esurance and did not get any rate increase for year 2. I will watch it closely and vote with my feet if they start jacking up the rates. No reason to be loyal to an Insurance Company as they could care less about your loyalty- only your wallet. Disclosure: retired fr...
by dwickenh
Tue Dec 12, 2017 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Tom's First Post needing portfolio help
Replies: 8
Views: 734

Re: Tom's First Post needing portfolio help

Hello everyone, this is my first post. Emergency funds: yes we have 3-6 months Debt: Student Loan total debt of $55,000 at 3.9% fixed. $288,000 mortgage at 4.25% fixed for the next 28 years. Tax Rate: 15% Federal, 6% State, Married Filed Jointly Age: 33 Desired Asset allocation: I like the idea of ...
by dwickenh
Tue Dec 12, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: Cricket Wireless: What are the gotchas?
Replies: 38
Views: 2099

Re: Cricket Wireless: What are the gotchas?

changed from AT&T to Cricket and was glad to see it is the same network. No problems with service, but we don't tether a hot spot either. Went from 95.00 per month to 60.00 per month with more data. Best thing I did last year to save 420.00.
by dwickenh
Tue Dec 12, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 51
Views: 4335

Re: Any of you trade just a little as a hobby?

Toons wrote:
Tue Dec 12, 2017 9:17 am
No.
I would rather ride my bike. :happy
Doesn't that mustache get caught in the pedals? :mrgreen:

Best to you Toons,

Dan
by dwickenh
Tue Dec 12, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Parking Lot Dent: Pay myself or submit claim
Replies: 14
Views: 1516

Re: Parking Lot Dent: Pay myself or submit claim

Not necessarily- not all Insurance companies report to carfax. This would not be a major ding on carfax anyway- 4 year old vehicle with 2 panels damaged i would turn in the claim and let Geico handle the payment. maybe. maybe not. i automatically disqualify any used car from consideration if it's b...
by dwickenh
Mon Dec 11, 2017 11:47 pm
Forum: Local Chapters and Bogleheads Community
Topic: Holiday thanks to Bogleheads. How have they helped you?
Replies: 24
Views: 2055

Re: Holiday thanks to Bogleheads. How have they helped you?

I have received help from multiple sources including the authors of both Boglehead books. Thanks to Watty for fixed income(CD) training Thanks to PkCrafter for your great on-line book on investing that I keep on my tool bar for reference Thanks to Miriam for your thoughtful posts on life. Thanks to ...
by dwickenh
Mon Dec 11, 2017 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Parking Lot Dent: Pay myself or submit claim
Replies: 14
Views: 1516

Re: Parking Lot Dent: Pay myself or submit claim

Did you hit another car? If you care about resale rates you won't want to do this through the insurance because then the work done will end up on the carfax report. Not necessarily- not all Insurance companies report to carfax. This would not be a major ding on carfax anyway- 4 year old vehicle wit...
by dwickenh
Mon Dec 11, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Year End Planning Roth Conversion / ACA
Replies: 1
Views: 208

Re: Year End Planning Roth Conversion / ACA

The roth conversion will count as income for this year if you convert before Jan 1st. It will affect this years subsidy to the extent of the amount you convert into income. It will not affect next year's subsidy unless you do a roth conversion again next year. You can test the subsidies with your ne...
by dwickenh
Mon Dec 11, 2017 10:33 pm
Forum: Personal Consumer Issues
Topic: Progressive Insurance
Replies: 20
Views: 1330

Re: Progressive Insurance

I used them for years and was perfectly happy. Only changed when I came to the same realization. Insurance is one product where loyalty is not much rewarded. It pays to shop around. +1 I was with American Family Auto and Homeowners for 5 years or so(retired from the claims division) and changed to ...
by dwickenh
Mon Dec 11, 2017 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 3526

Re: best cashback credit card ?

Paypal Mastercard from Synchrony Bank is 2% back on everything in cash.
by dwickenh
Sun Dec 10, 2017 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Can/Should early retiree avoid ACA tax credits?
Replies: 38
Views: 2485

Re: Can/Should early retiree avoid ACA tax credits?

My wife and I would be paying over 30,000 this year without subsidies. I have never taken a government handout in my life. This is part of the tax code, and I have taken full advantage of the tax laws my whole life. This is no different. I do not feel "dirty" or soiled by this act. Your own moral va...
by dwickenh
Sun Dec 10, 2017 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Build credit or pay in full
Replies: 9
Views: 669

Re: Build credit or pay in full

Just bought a new car, put 20+% down and financing over 3 years My credit score is good, but at 32 I’d like to build my credit even more Should I pay off the loan ASAP or make the payments to benefit my credit. I have the money already I was thinking of doing double the amount per month and financi...
by dwickenh
Sun Dec 10, 2017 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8783

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

There is so much wisdom on this site, I’m hoping to tap into it yet again. My DH and I have been married for 10 years and have one DD, age 8. Although we have plenty of advantages (both college educated, good jobs, etc) we still are what I would call bumbling through life and rudderless. Part of th...
by dwickenh
Sun Dec 10, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 45
Views: 2513

Re: What mix of intermediate and short term bonds?

Delaying SS and living off a small pension and my taxable account. I have VSCSX (short term corporate bond) in my taxable account for withdrawals. In my IRA I have 50/50 in Total bond and IT corporate bond. My intent is to not draw from the IRA for 7 + years at 70 1/2. The daily changes in this acco...
by dwickenh
Sun Dec 10, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Question- 401K Rollover to IRA or Keep in 401K
Replies: 4
Views: 225

Re: Retirement Question- 401K Rollover to IRA or Keep in 401K

The expenses in the existing 401K and investment choices matter. I moved my 401K to an IRA for investment choices and ability to access withdrawals in a more efficient manner. He needs to be comfortable moving to a low cost brokerage that he can direct himself with a simple 3 fund portfolio. If he t...
by dwickenh
Sun Dec 10, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Help with ACA problem
Replies: 10
Views: 1235

Re: Help with ACA problem

She is not intentionally misrepresenting her income. Due to circumstances too lengthy to describe here are the reasons she won't make the minimum necessary. If she applies for ACA with a subsidy for next year and yet again overestimates her income, are there consequences? There are no penalties ass...
by dwickenh
Tue Dec 05, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Thanks! We just let our VG PAS advisor go...
Replies: 14
Views: 3151

Re: Thanks! We just let our VG PAS advisor go...

The truth will set you free.......

Best wishes for continued success,

Dan
by dwickenh
Fri Dec 01, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3145

Re: I'm 100% international with VEU. Is this wise?

I find it real funny that folks think it is perfectly OK to have 100% of your stocks in US equities but accuse someone who is 100% international of being a gambler. US stocks haven't been this expensive since 1999/2000.. Look how that turned out. Also notice how i said 100% *OF* stocks not 100% sto...
by dwickenh
Fri Dec 01, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3145

Re: I'm 100% international with VEU. Is this wise?

Were you 100% last year, or are you just 100% now due to this years great returns? Actually, I have been 100% since summer 2015. I tax lost harvested EOY 2015 after it went down a bit. Converted from VXUS -> VEU. I was early, but over the past year the stock has started to pop. I'm going to continu...
by dwickenh
Fri Dec 01, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advice Needed
Replies: 16
Views: 1136

Re: Financial Advice Needed

Assuming you have other income that comes in the form of a paycheck that is deposited into a checking account, I would substitute the cash for purchases you normally make with a check, or a debit or credit card. For example, pay cash for gasoline, rather than a card. The same with groceries, or Wal...
by dwickenh
Fri Dec 01, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3145

Re: I'm 100% international with VEU. Is this wise?

Were you 100% last year, or are you just 100% now due to this years great returns?
by dwickenh
Wed Nov 29, 2017 8:13 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 186
Views: 17448

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Good article outlining the positives and negatives of this investment.

https://wealthyaccountant.com/2017/11/2 ... lles-heel/
by dwickenh
Tue Nov 28, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 186
Views: 17448

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Did you expect someone of Jack's experience to support a crypto currency that has ballooned in value over a short period of time. This is one of those stories that the "happily ever after" is not known until the end of the book. I would be shocked if he did recommend it!! I don't expect ANY financi...
by dwickenh
Tue Nov 28, 2017 10:24 pm
Forum: Personal Consumer Issues
Topic: Considering Building Gaming PC - Good Builds/Price Points?
Replies: 34
Views: 2269

Re: Considering Building Gaming PC - Good Builds/Price Points?

brad.clarkston wrote:
Tue Nov 28, 2017 8:51 pm
slayed wrote:
Tue Nov 28, 2017 8:45 pm
I would just spend $300 and pick up a Playstation 4, unless there are specific games that you want to play that are not available on console. Otherwise a PC just for gaming doesn't make much sense.
There's about a billion people that disagree with that statement, me included.
+1
by dwickenh
Tue Nov 28, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone use FutureAdvisor ?
Replies: 4
Views: 577

Re: Anyone use FutureAdvisor ?

Simple is much better than complicated. It needs to look hard for you to need their help. I have a free FutureAdvisor account just to see their take on investing. I am not impressed.

Best to you,

Dan
by dwickenh
Tue Nov 28, 2017 10:11 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 186
Views: 17448

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Did you expect someone of Jack's experience to support a crypto currency that has ballooned in value over a short period of time. This is one of those stories that the "happily ever after" is not known until the end of the book. I would be shocked if he did recommend it!!
by dwickenh
Tue Nov 28, 2017 10:08 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 67
Views: 5107

Re: 2018 Goals - Financial or Otherwise

1. Make it through the year without any recurrences for my wife

2. Make it through the year with ACA Healthcare and get one year closer to Medicare.

3. Enjoy 2 months in Florida with my wife and friends.
by dwickenh
Tue Nov 28, 2017 10:04 pm
Forum: Investing - Theory, News & General
Topic: The impact of expenses - a call for creativity
Replies: 19
Views: 1298

Re: The impact of expenses - a call for creativity

Try the Finra site for examples of expenses on returns over different investment periods.

http://apps.finra.org/fundanalyzer/1/fa.aspx
by dwickenh
Tue Nov 28, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Toilet tank not refilling
Replies: 5
Views: 651

Re: Toilet tank not refilling

Take the tank lid off when it fails to fill and have a look. I've seen two kinds of floats - older ones where the float is on a lever, and newer where the float is concentric to the overflow tube that runs up from the inlet. Are those floats moving freely? I've had them jam. The valves frequently h...
by dwickenh
Sun Nov 26, 2017 8:01 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9417

Re: What did you do right?

I worked extra hours in management to allow my wife to stay home and raise our 4 children. She did this by choice and we have been thankful for the great adults we have raised. There are no guarantees with children, but her love helped get them on the right footing for life. After the children were ...
by dwickenh
Sat Nov 25, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: the psychology of a taxable account
Replies: 29
Views: 2589

Re: the psychology of a taxable account

When you have to pay capital gains taxes, you will decide that the money is "untouchable" as well. :) If you don't believe that investing tax-efficiently in a taxable account will well exceed the interest you pay on your mortgage (before tax and after tax), then it seems that you do not understand ...
by dwickenh
Sat Nov 25, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: Bond fund duration(s) in retirement
Replies: 16
Views: 1358

Re: Bond fund duration(s) in retirement

Let's assume that an investor approaching retirement, or in the first few years of retirement, uses bond funds for the bond portion of his or her asset allocation. Let's also assume, for the moment, that (s)he accepts the view that intermediate-term (IT) bonds (or bond funds) represent the best dur...
by dwickenh
Sat Nov 25, 2017 3:14 pm
Forum: Personal Consumer Issues
Topic: Charcoal grill
Replies: 18
Views: 1490

Re: Charcoal grill

My neighbor has a Traeger Pellet Smoker that is great. Control from a smart phone, set exact temp and time. Too expensive for my taste, but I love to eat his cooking. Runs from 450 to 1000 at Lowes and Home Depot.
by dwickenh
Sat Nov 25, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17421

Re: The fallacy of spending money on "experiences" vs hard assets

Per your last sentence, you hate vacations so it makes sense that you don't see the value in experiences. I believe experiences don't always have to be vacations. You may want to broaden your thinking on experiences for a better outcome.

Dan
by dwickenh
Fri Nov 24, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my portfolio and savings
Replies: 7
Views: 819

Re: Please critique my portfolio and savings

Welcome !!!

Two questions and one note.

Why so much cash?
How much are you contributing yearly and to what accounts

You should edit the post to show the names of the funds, not just the ticker symbols.

Smart people(not me) will answer intelligently with some more information.

Dan
by dwickenh
Fri Nov 24, 2017 7:47 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 8910

Re: Why does everyone keep increasing their international stock %?

livesoft wrote:
Thu Nov 23, 2017 9:26 pm
I think the main reason for recent increases is chasing performance. After all, international funds have finally outperformed US funds in 2017. It may be time to start rebalancing out of international funds for that reason.
+1 or just not chase performance in the first place!
by dwickenh
Fri Nov 24, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16274

Re: Anyone tired of the stock market going up?

Sure I am sick it keeps going up. My wife and I are just relying on the market for our current living expenses while delaying SS. I would much rather it go down( since I am no longer actively contributing) and lose sleep worrying about keeping our medical premiums paid, utility bills paid, and food ...
by dwickenh
Thu Nov 23, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: Anybody paint?
Replies: 5
Views: 717

Re: Anybody paint?

I paint cars, but probably not what you were looking for!!!

Dan
by dwickenh
Thu Nov 23, 2017 4:48 pm
Forum: Local Chapters and Bogleheads Community
Topic: A Thanksgiving to Remember: A Bit of Bogleheads History
Replies: 20
Views: 2117

Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Thanks for posting Mel, and thanks for signing the book for me at the conference. I really enjoyed listening to your stories concerning your own history.

Happy Thanksgiving and best to you,

Dan
by dwickenh
Thu Nov 23, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advisory service?
Replies: 22
Views: 1520

Re: Fidelity Portfolio Advisory service?

Vanguard Advisory(PAS) would my choice if my significant other did not want to handle the investments in my absence. It is inexpensive, filled with inexpensive index funds, and they will not try to up sell you to expensive management/funds. .30 expense is much less that most actively managed funds f...
by dwickenh
Thu Nov 23, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Bucket or Rebalance ?
Replies: 17
Views: 1382

Re: Bucket or Rebalance ?

In the past I have kept two years of basic expenses (about $100K) in Vanguard's Money Market Fund. I am considering putting the money in my four fund portfolio and withdrawing my annual expenses in January by rebalancing instead of keeping that much cash. My asset allocations is 50/50. Good idea? B...
by dwickenh
Wed Nov 22, 2017 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds or Money Market?
Replies: 13
Views: 1729

Re: Bonds or Money Market?

If stocks go south, a good high quality bond fund will usually appreciate beyond its yield in time. A MM fund will stay with the yield and not provide any positive ballast past the yield. At least that is what has happened in the past.......
by dwickenh
Wed Nov 22, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned parent :(
Replies: 56
Views: 7345

Re: Concerned parent :(

I think some discussion is warranted. I graduated with a degree that didn't help me earn a living. Ended up with a technical certificate for programming. I agree with Dottie57, discussion is a plus on field of study. Too many worthless degrees out there today. I don’t think learning for the sake of...
by dwickenh
Wed Nov 22, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Concerned parent :(
Replies: 56
Views: 7345

Re: Concerned parent :(

2) Guide him into a field of study that has a strong expected ROI for the money invested in education. Great post, but I disagree with this. Let them do whatever they want. Make sure they know what they're getting in to in terms of debt and income. I think some discussion is warranted. I graduated ...
by dwickenh
Tue Nov 21, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 26092

Re: Why not take Social Security at 62

My wife and I took it @62 and never looked back. I have no idea how long I'm going to live but I know what my expenses are today. Glad I did! Can you elaborate? Does this mean you needed SS to cover your current expenses? Was this decision made more from emotion than calculation? You never looked b...
by dwickenh
Tue Nov 21, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 up 1.85% in first four days of 2017
Replies: 13
Views: 2471

Re: S&P 500 up 1.85% in first four days of 2017

Trying to remember my guess for the S&P at years end=- does anyone remember the name of the post where we guessed?