Search found 518 matches

by friar1610
Thu Feb 04, 2016 9:21 pm
Forum: Investing - Theory, News & General
Topic: Take the Verb Tense Pledge!
Replies: 69
Views: 3677

Re: Take the Verb Tense Pledge!

Great thread! I tutor ESOL and have recently been explaining tenses to an immigrant whose native language doesn't have as many subtleties in tenses. I'd like to show her this thread but first I would have to teach her something about investing (so she would understand the premise) and she's not read...
by friar1610
Thu Feb 04, 2016 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: TSP doesn't credit dividends & interest?
Replies: 14
Views: 822

Re: TSP doesn't credit dividends & interest?

FWIW that's also how the "funds" (technically, portfolios) within the VG Variable Annuity are handled.
by friar1610
Wed Jan 27, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Taxes for Resident Aliens
Replies: 11
Views: 515

Re: Taxes for Resident Aliens

Thanks to those who responded. I can see that I should have done my homework (read pub 519) before even asking any question. I will do so and proceed accordingly and may be back with more questions.
by friar1610
Tue Jan 26, 2016 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes for Resident Aliens
Replies: 11
Views: 515

Re: Taxes for Resident Aliens

HueyLD wrote:Was 2015 her first year on H1B visa? If so, what was her previous visa status?


I'll find out for sure on Thurs (next tutor session.)
by friar1610
Tue Jan 26, 2016 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes for Resident Aliens
Replies: 11
Views: 515

Taxes for Resident Aliens

I tutor (English) to a resident alien who is here on an H1B visa. The more I get to know her the more I see she is spending money on things she doesn't need to in spite of having a very low income. Last year she had H&R Block do her (very simple) income tax returns. I told her that this year I w...
by friar1610
Wed Jan 20, 2016 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: International Funds - VTIAX or VTMGX
Replies: 1
Views: 213

International Funds - VTIAX or VTMGX

This question has no relationship to the current stock correction. During late 2015 I sold, at a loss, my Vanguard Total International Index (VTIAX) and FTSE All-World ex-US (VFWAX) holdings for TLH purposes. I purchased Developed Markets Index (VTMGX) as a "parking lot" for my internation...
by friar1610
Sat Jan 16, 2016 11:08 am
Forum: Personal Finance (Not Investing)
Topic: How much House can I afford with an income of $98,000? My husband gave me a bizarre number
Replies: 110
Views: 12647

Re: How much House can I afford with an income of $98,000? My husband gave me a bizarre number

If your "new" house costs more than twice your annual income, you're stretching it. More than three times, it's a bad choice. L. I haven't bought a house other than with a very high down payment or cash in a long time. But when I bought my first house way back in 1976, the rule of thumb w...
by friar1610
Thu Jan 14, 2016 9:53 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets: Yes or No?
Replies: 75
Views: 8135

Re: Emerging Markets: Yes or No?

Very interesting thread. I'm a 70 year old with a good pension, SS, a 40/55/5 AA and basically a 3 fund portfolio which I don't often dip into. During 2015 I sold off my VG Total International Index and FTSE All-World ex-US funds for TLH purposes. I put the money into VG Developed Market Index so I'...
by friar1610
Tue Jan 12, 2016 5:42 pm
Forum: Investing - Theory, News & General
Topic: What would you tell your 25 yr old self?
Replies: 99
Views: 6243

Re: What would you tell your 25 yr old self?

I'm not sure my 25 year old self would have had the good sense to listen to my 70 year old self.
by friar1610
Mon Jan 04, 2016 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Appropriate AA for retiree (specifically international stock)
Replies: 17
Views: 1342

Re: Appropriate AA for retiree (specifically international stock)

FWIW I am 70 with a 40/55/5 allocation. (Excellent pension + SS so not a lot of need for risk.) I'm at about 22% int right now. Will definitely move it up to 25% in the near future and perhaps up to as much as 30% but no more. No plans for int bonds at this point. 22% total international, or 22% of...
by friar1610
Sun Jan 03, 2016 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Appropriate AA for retiree (specifically international stock)
Replies: 17
Views: 1342

Re: Appropriate AA for retiree (specifically international stock)

FWIW I am 70 with a 40/55/5 allocation. (Excellent pension + SS so not a lot of need for risk.) I'm at about 22% int right now. Will definitely move it up to 25% in the near future and perhaps up to as much as 30% but no more. No plans for int bonds at this point.
by friar1610
Mon Dec 28, 2015 2:41 pm
Forum: Personal Consumer Issues
Topic: Burial plans and Being buried in a National Cemetary
Replies: 16
Views: 1268

Re: Burial plans and Being buried in a National Cemetary

I intend to be buried at Massachusetts National Cemetery in Bourne on Cape Cod as is my wife. We were there recently and I saw that the caskets are interred in traditional plots in the ground. The gravestones are all Government-supplied and are the type that are horizontal to the ground and at the s...
by friar1610
Sun Dec 27, 2015 9:01 pm
Forum: Investing - Theory, News & General
Topic: Boston Globe article: Main St. vs. Wall St.
Replies: 3
Views: 800

Boston Globe article: Main St. vs. Wall St.

There was an interesting (to me) article in today's Boston Globe about the wealth gap in the US and the divergence between Main St. and Wall St. You have probably seen the same points made elsewhere but I thought this article tied a number of things together pretty well. It also includes a quote or ...
by friar1610
Fri Dec 25, 2015 2:12 pm
Forum: Investing - Theory, News & General
Topic: A little about Larry S
Replies: 51
Views: 7049

Re: A little about Larry S

cfs wrote:Thanks.

Thanks for the link and thanks everyone for your inputs. Da Bronx is okay (don't blame me, I lived in the Lower East Side and worked in Queens many moons ago, prior to my Navy years).

Feliz Navidad.


Former Queens (Flushing) a and retired Navy here!
by friar1610
Tue Dec 22, 2015 5:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to Launch Active "Core" Total Bond Fund
Replies: 46
Views: 4213

Re: Vanguard to Launch Active "Core" Total Bond Fund

Maybe this is one of those where you split the new bond fund 50/50 with Total Bond and see what happens. In other words I feel very strongly both ways! I was kinda thinking along the same lines. My wife and I each have Rollover IRAs of roughly equal value invested 100% in Total Bond. Maybe I'll swi...
by friar1610
Tue Dec 22, 2015 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: How old can you be and retire early?
Replies: 56
Views: 3701

Re: How old can you be and retire early?

TheTimeLord wrote:If I retire by say 58 will I still be retiring early?


I was 58 when I retired. I considered myself an early retiree. Most of my friends who were still working did too.
by friar1610
Fri Dec 18, 2015 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Variable Annuity allocation
Replies: 9
Views: 779

Re: Vanguard Variable Annuity allocation

I am 62 years old and goal is to safely grow account with idea of withdrawing 2-3% each year. As has been mentioned above, it would be better to know your overall situation to give a good recommendation. However, here is my situation: - I'm 70 and married. - I have a VG VA that represents about 15%...
by friar1610
Thu Dec 17, 2015 8:47 pm
Forum: Investing - Theory, News & General
Topic: International Bonds in Target funds
Replies: 24
Views: 2326

Re: International Bonds in Target funds

Well, I am definitely older (70) and relatively conservative with about 42% equities at the moment. (IPS calls for rebalance when I go below 40 or above 45.) I use a Life Strategy Conservative Growth clone (40/60) in a VG Variable Annuity I own. I don't really see the need for international bonds bu...
by friar1610
Thu Dec 17, 2015 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Small Accomplishment
Replies: 12
Views: 855

Re: Small Accomplishment

I disagree with you: that's not a small accomplishment - it's a BIG accomplishment. And if you keep it up or will become a HUGE ONE!
by friar1610
Wed Dec 16, 2015 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: NJ Teacher Investment Options
Replies: 22
Views: 1446

Re: NJ Teacher Investment Options

First, the caveats. I am not now nor have I ever been a teacher. I have never had investments with nor a pension plan through any of the companies you mentioned. That said, I assume you are in a 403b plan. I had occasion, quite a few years ago, to research 403b plans available to my daughter, a nurs...
by friar1610
Tue Dec 15, 2015 12:30 pm
Forum: Investing - Theory, News & General
Topic: "Winning the Game"
Replies: 46
Views: 5913

Re: "Winning the Game"

For those not offended by the game analogy, here's how I see it. You're on the TV show, "Jeopardy." You've accumulated $11,000 through the first two rounds. The other two players have accumulated $5,000 and $3,000, respectively. The category for Final Jeopardy is "Boglehead Investing&...
by friar1610
Fri Dec 11, 2015 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Personal Finance-What numbers do you track?
Replies: 20
Views: 1890

Re: Personal Finance-What numbers do you track?

Good conversation. Retired, not withdrawing from the SWAN or sleep well at night portfolio, dw is still in the workforce, and we continue to invest every other Friday on the deferred compensation plan and the taxable account. I keep track of portfolio "growth" year after year (note that I...
by friar1610
Wed Dec 09, 2015 4:11 pm
Forum: Investing - Theory, News & General
Topic: Interest Rate Hike - Thoughts?
Replies: 38
Views: 3134

Re: Interest Rate Hike - Thoughts?

Prediction: on December 16 the Fed will announce a decision on interest rates. After this the market will fluctuate. Reminds me of a guy at the gym I talk to about investing/market matters. He's a retired bond trader with Wellington Management. He recently said, "I'm certain the market is goin...
by friar1610
Wed Dec 09, 2015 4:04 pm
Forum: Investing - Theory, News & General
Topic: Impact of Fed rate increase on CDs?
Replies: 12
Views: 1729

Re: Impact of Fed rate increase on CDs?

While we can reasonably expect that short-term rates will be increasing over the near-medium term, a little thought should convince you that you cannot exploit this information. That is, this is already anticipated by the bond market and factored into rates all along the yield curve. And you're say...
by friar1610
Tue Dec 08, 2015 11:13 am
Forum: Investing - Theory, News & General
Topic: Impact of Fed rate increase on CDs?
Replies: 12
Views: 1729

Impact of Fed rate increase on CDs?

I have a PenFed 5 year CD maturing in about a week. If I follow my plan, I will roll it over to a Navy Federal Credit Union (NFCU) 5 year CD since NFCU is currently paying about 1/2% more than PenFed. However, neither rate is great. (I made a decision a few years ago to limit my CD purchases to PenF...
by friar1610
Mon Dec 07, 2015 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: USAA vs Vanguard
Replies: 67
Views: 3753

Re: USAA vs Vanguard

Deployed. Like to Vietnam, Iraq, Afghanistan enforcing "no fly" zones or "routine" deployments on submarines or landing jets on carrier flight decks. Hardly a high-risk pool? Hmmmm.... low risk for auto insurance which I think is most of their insurance business. Yes; you are pr...
by friar1610
Sun Dec 06, 2015 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: USAA vs Vanguard
Replies: 67
Views: 3753

Re: USAA vs Vanguard

Deployed. Like to Vietnam, Iraq, Afghanistan enforcing "no fly" zones or "routine" deployments on submarines or landing jets on carrier flight decks. Hardly a high-risk pool? Hmmmm.... low risk for auto insurance which I think is most of their insurance business. Yes; you are pr...
by friar1610
Sun Dec 06, 2015 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: USAA vs Vanguard
Replies: 67
Views: 3753

Re: USAA vs Vanguard

I have been a USAA member for over forty years. USAA has been one of the best, if not the best, insurance companies around, but investment banking is not their forte. I moved all my investment accounts to Vanguard a number of years back, and while I still do banking with them (and PFCU), I find USA...
by friar1610
Sun Dec 06, 2015 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: USAA vs Vanguard
Replies: 67
Views: 3753

Re: USAA vs Vanguard

Poster "dbr"'s first paragraph nailed it. The initial business model of USAA was to insure (a) officers, who were (b) often deployed. Hardly a high-risk pool. Deployed. Like to Vietnam, Iraq, Afghanistan enforcing "no fly" zones or "routine" deployments on submarines o...
by friar1610
Sat Dec 05, 2015 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Variable annuities Yes/No
Replies: 25
Views: 1556

Re: Variable annuities Yes/No

As Buick (I think) used to advertise, "ask the man who owns one...." I own a Vanguard VA. I originally purchased it as a Fidelity VA years ago because it seemed to make sense. I subsequently did a transfer to Vanguard when I became a Boglehead. It has appreciated nicely over the years, bot...
by friar1610
Sun Nov 29, 2015 6:42 pm
Forum: Investing - Theory, News & General
Topic: How close do we know our bond percentages? What counts?
Replies: 23
Views: 2500

Re: How close do we know our bond percentages? What counts?

I prefer to call that asset category "fixed income" rather than "bonds." In it I include bond funds, CDs of more than 1 years's maturity and I Bonds. If I had a stable value fund or EE Bonds, I would include them as well. I consider 1 year or shorter CDs and MM funds to be "...
by friar1610
Sat Nov 28, 2015 9:28 pm
Forum: Investing - Theory, News & General
Topic: Great Rick Ferri Interview
Replies: 8
Views: 2761

Re: Great Rick Ferri Interview

Well, he is/was a reserve officer in the USMC, so that's one pension (and government-provided medical care) at age 60 or 62 (forget which.)
by friar1610
Wed Nov 25, 2015 9:20 am
Forum: Investing - Help with Personal Investments
Topic: AA Advice
Replies: 9
Views: 754

Re: AA Advice

Here is one more web site you might want to check out - run by a retired Navy guy who retired for good after his military career. Lots of good military-specific info.

http://the-military-guide.com
by friar1610
Tue Nov 24, 2015 10:37 am
Forum: Investing - Help with Personal Investments
Topic: AA Advice
Replies: 9
Views: 754

Re: AA Advice

If you are ever invited to a First Command "free" dinner with a financial planning presentation near your base, run the other way. You will get advice that is far healthier for your financial future on this web site and from books recommended here. If you are a dual military couple with ca...
by friar1610
Fri Nov 20, 2015 6:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Partnering with Yodlee
Replies: 141
Views: 18029

Re: Vanguard Partnering with Yodlee

Before I read this thread I got the same shock others did - my total was way down because my linked accounts (several CDs from 2 credit different unions) were no longer feeding into my VG display. As a separate issue, I've been thinking I'm a little more anal than I need to be about checking my bala...
by friar1610
Wed Nov 18, 2015 11:15 am
Forum: Investing - Theory, News & General
Topic: Same Portfolio with unlimited time?
Replies: 8
Views: 871

Re: Same Portfolio with unlimited time?

Unless there is a significant advantage, why would I choose something more complex? It's not the time to administer that drives me to choose what I have, though that is part of it. The problem is, that the simple setups have also proven to be some of the most robust and best performing. So unless y...
by friar1610
Mon Nov 16, 2015 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Tired of big bank fees - I'm looking at you BofA
Replies: 30
Views: 2466

Re: Tired of big bank fees - I'm looking at you BofA

We use a local credit union that has everything I need (including Medallion guarantees, free checks and depositing checks via photo) except safe deposit boxes. For that I use a bank in the neighborhood. Every couple years I research big bank offerings and I think they are getting less competitive v...
by friar1610
Wed Nov 11, 2015 11:26 am
Forum: Personal Consumer Issues
Topic: How to sell exercise equipment?
Replies: 30
Views: 2075

Re: How to sell exercise equipment?

After you've carefully screened them as suggested by many of the other posters, tell them they have to come at a very specific time as you'll need to have your dog out of the house. When they come to the house, casually mention that you have a very fierce Pit Bull or German Shepherd that doesn't tak...
by friar1610
Wed Nov 11, 2015 11:06 am
Forum: Personal Consumer Issues
Topic: Veteran's Designation on Drivers License
Replies: 28
Views: 2249

Re: Veteran's Designation on Drivers License

And attitudes about service members have always gone in cycles: I went into a public-'ouse to get a pint o' beer, The publican 'e up an' sez, "We serve no red-coats here." The girls be'ind the bar they laughed an' giggled fit to die, I outs into the street again an' to myself sez I: O it'...
by friar1610
Wed Nov 11, 2015 11:01 am
Forum: Personal Consumer Issues
Topic: Veteran's Designation on Drivers License
Replies: 28
Views: 2249

Re: Veteran's Designation on Drivers License

May also help you avoid the next speeding ticket...depending who pulls you over. It's worked for me twice, without having to say a word. Despite the hardships often involved in military service there are certainly some perks as well. +1 I also keep my retired military ID in my wallet such that it's...
by friar1610
Mon Nov 09, 2015 2:19 pm
Forum: Investing - Theory, News & General
Topic: Would anything external make you change your AA?
Replies: 34
Views: 2173

Re: Would anything external make you change your AA?

I bought more equities immediately after 9/11, albeit in a total market index, but that was more an AA rebalance than a significant change in AA. I suppose if I suddenly found myself a widower I would increase my equities from 40% to 50 - 60% since I would no longer be concerned about my wife having...
by friar1610
Wed Nov 04, 2015 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Tricare plan selection.
Replies: 8
Views: 698

Re: Help with Tricare plan selection.

I'm in Houston, and it seems very few docs here will accept new patients under TRICARE Standard, but are OK with PRIME and USFHP. I was in USFHP when I first retired but then got a job with a good health plan and opted for that. (This was the Johns Hopkins-affiliated plan in the Baltimore area.) At...
by friar1610
Wed Nov 04, 2015 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Help with Tricare plan selection.
Replies: 8
Views: 698

Re: Help with Tricare plan selection.

I never did answer about dental. I've never seen a dental insurance plan that I thought was worth the money (unless it was an employer's money.) So I have never used Tricare dental.
by friar1610
Tue Nov 03, 2015 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Tricare plan selection.
Replies: 8
Views: 698

Re: Help with Tricare plan selection.

Friends, It is now time for me to select one of the Tricare health plans for myself (no dependants). My choice is straightforward but not so simple given the complexity of the Tricare system as I understand it. My choice is either "Tricare Prime" or "Tricare Standard and Extra" ...
by friar1610
Mon Nov 02, 2015 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Casual shirts/tops for tall skinny men
Replies: 21
Views: 2191

Re: Casual shirts/tops for tall skinny men

You already mentioned LL Bean. Over the years I've moved from their standard L shirts to M Long and found them to be a good fit. I'm 6'2", skinny and 172-175. I'm no youngster(70) so I may also be losing some of my meager muscle mass in shoulders, chest, etc. That may also explain why M Long is...
by friar1610
Fri Oct 30, 2015 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: New [Military] Member [Seeks Guidance]
Replies: 10
Views: 641

Re: New Member

If First Command comes talking to you, feel free to take the steak dinner, but don't drink the accompanying Kool Aid! +1 I got my start investing with First Command's predecessor, USPA & IRA. On the plus side, they got me investing regularly. But that lesson came at far too high a cost (fees, c...
by friar1610
Fri Oct 30, 2015 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: withdrawal order
Replies: 16
Views: 1504

Re: withdrawl order

For whatever it's worth, this is a cut and paste from the instructions I've left for my wife in the event she has to do these things on her own: Taxes and Withdrawals: Withdrawals should be done in as tax-efficient a manner as possible. There are some withdrawals where you can’t help paying taxes at...
by friar1610
Fri Oct 30, 2015 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard variable annuity with gwlb rider
Replies: 8
Views: 923

Re: vanguard variable annuity with gwlb rider

I have a VG VA that I have had for quite a few years. If I could have that decision back again I probably wouldn't have bought it but it has not turned out to be a terrible decision either. The GWLB rider was not an option at the time I first bought it; it was later offered, I looked at it and decid...
by friar1610
Tue Oct 27, 2015 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: i and EE bonds tracking and decisions
Replies: 34
Views: 3560

Re: i and EE bonds tracking and decisions

Do you have accounts with Vanguard that you can view through their web site? If you do, you can set up an electronic link with Treasury Direct so all your electronic bonds will display there. You can also manually enter the paper bonds and update their values as often as you want (from the bond wiza...

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