Search found 98 matches

by goshenBogle
Sun Apr 29, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: Double hung window sticking - How to fix?
Replies: 4
Views: 478

Double hung window sticking - How to fix?

Some of our double hung windows are difficult to open & close. The windowsframes & jambs are vinyl. I cleaned the jambs with diluted vinegar in water. Removed some dirt but did not make the windows easier to open/close. Can I use a lubricant on the jambs & spiral balance rod? If so, what type of lub...
by goshenBogle
Sun Apr 29, 2018 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Help defining needs for Will / Estate plan
Replies: 17
Views: 1077

Re: Help defining needs for Will / Estate plan

I will be blunt!! Use an attorney who specializes in estate planning. Do not trust the web-based products. This issue is too important. Make a mistake now and you will regret it.
We used a lawyer for our estate planning and the total legal cost was < $2000. Definitely worth it.
by goshenBogle
Mon Apr 23, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: 'Basic' phones that work with Lyft & Uber?
Replies: 12
Views: 1013

'Basic' phones that work with Lyft & Uber?

I have a basic Tracfone flip phone. It has a browser but I find that I cannot connect to the Uber & Lyft web sites to request a ride. Tracfone customer service tells me that this phone's browser is not compatible with Uber & Lyft. How can I determine which 'basic' phone (not a smartphone) will work ...
by goshenBogle
Sat Apr 07, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: WSJ article on Vanguard snafoos - Should Bogleheads.org get involved?
Replies: 23
Views: 3150

WSJ article on Vanguard snafoos - Should Bogleheads.org get involved?

A WSJ article on 3.29.18 discussed the ongoing customer service and administrative problems faced by Vanguard customers. We have had some problems in the last 2 years, but until I read the article I did not realize the problems we faced were widespread. Article: https://www.wsj.com/articles/is-vangu...
by goshenBogle
Sat Mar 31, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Lyft - really need Android 7 or higher??
Replies: 5
Views: 560

Re: Lyft - really need Android 7 or higher??

Sorry, I should have stated that I do not yet have a smartphone. Trying to decide which one to get since it will be used for email, directions, lyft & uber.
Our everyday phone is landline using VOIP.
by goshenBogle
Sat Mar 31, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Lyft - really need Android 7 or higher??
Replies: 5
Views: 560

Lyft - really need Android 7 or higher??

The Lyft web site says that "iOS 10 and Android 7 or higher are necessary for smooth operation of the Lyft app". There are lots of good smartphones that are running Android 6.x so I am quite surprised that Lyft requires Android 7 or higher. Would appredciate feedback from users of Lyft who are using...
by goshenBogle
Sat Mar 31, 2018 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 50
Views: 4751

Re: Customer Service with Vanguard

I am a VG Flagship client and have been with VG for over 25 years. Over the last 3-4 years there has been a noticeable decrease in the quality of their customer service. Last year I had a long talk with the manager of VG customer service who promised to improve their service. This has not happened. ...
by goshenBogle
Sun Mar 25, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: RMDs & "Prime Harvesting Strategy"
Replies: 7
Views: 1207

Re: RMDs & "Prime Harvesting Strategy"

Thank you all for correcting my mistake. Transfering from tax deferred to taxable is not harvesting.
by goshenBogle
Sat Mar 24, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: RMDs & "Prime Harvesting Strategy"
Replies: 7
Views: 1207

RMDs & "Prime Harvesting Strategy"

I am reading "Living Off Your Money" by Michael McClung. His strategy is quite intriguing and I will adopt it for my retirement portfolio (I am currently retired). However I am not clear on how to use the Prime Harvesting Strategy for RMDs. I do not need most of the RMDs for living expenses and will...
by goshenBogle
Tue Mar 20, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: RMDs - where to take & how to report
Replies: 3
Views: 608

RMDs - where to take & how to report

What strategy other than the items below should I use in deciding from which IRAs to take RMDs? (1) Is my portfolio in need of rebalancing? (2) Which IRA investments do I feel will do the best / worst in the coming year? [Yes, this is market timing but how else do you make the decision?] Also where ...
by goshenBogle
Wed Mar 14, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Computing 2018 estimated tax - 2018 Pub 1040-ES instructions have an error?
Replies: 7
Views: 758

Re: Computing 2018 estimated tax - 2018 Pub 1040-ES instructions have an error?

Thank you all for your replies. I also create Excel spreadsheets for all worksheets that I need for my federal tax and use these from year to year. I like this method because I have good backup for my calculations. Don't know why the fed doesn't create spreadsheets... As to the supposed error I foun...
by goshenBogle
Tue Mar 13, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Computing 2018 estimated tax - 2018 Pub 1040-ES instructions have an error?
Replies: 7
Views: 758

Computing 2018 estimated tax - 2018 Pub 1040-ES instructions have an error?

I am retired and need to compute estimated tax for 2018. I will use the IRS publication 2018 Form 1040-ES, "Estimated Tax for Individuals" (dated Feb 28, 2018). The "2018 Estimated Tax Worksheet" is on page 8 of the 1040-ES document and is fairly easy to use. BUT - unless I am missing something, the...
by goshenBogle
Sun Mar 04, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: Cell phone service & phone recommendation for seniors
Replies: 10
Views: 835

Cell phone service & phone recommendation for seniors

We are seniors and want recommendation for cell phone service and phone. We currently have a basic pay-as-you-go Tracfone that is not a Smartphone. We want to buy a Smartphone for occasional use only so we do not want a very expensive phone; ideally less than $150. We want the phone for texting, sim...
by goshenBogle
Tue Feb 06, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Market Drop - A Perspective (2.6.18)
Replies: 12
Views: 2654

Market Drop - A Perspective (2.6.18)

Listening to the news reports can be quite unsettling and frightening. All we hear - even from NPR who should know better - is how the market drop of 2.5.18 was the largest one day point drop in history. This type of reporting is alarmist and displays short term thinking. The real news is that the m...
by goshenBogle
Wed Jan 03, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Risk tolerance / Capacity & Can I sleep at night
Replies: 9
Views: 808

Risk tolerance / Capacity & Can I sleep at night

I recently had an epiphany that I want to share with others. My guess is that this is nothing new to many Bogleheads. But since it helped me I want to share it. I am retired & tend to worry about whether I will have enough money to last another 30 years or so. I have a sizable portfolio but I still ...
by goshenBogle
Mon Jan 01, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Sanity check on portfolio in retirement
Replies: 2
Views: 407

Sanity check on portfolio in retirement

Would appreciate comments on my portfolio. We are retired in late 60s. Portfolio is approx. $4.1 million. Income needs are met by social security + 1% of portfolio. Below is portfolio showing % for each fund in portfolio plus split of each fund between taxable portion of portfolio & tax deferred (IR...
by goshenBogle
Fri Dec 22, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Revocable family trust & Federal tax
Replies: 8
Views: 774

Revocable family trust & Federal tax

Our house and joint assets (e.g.: mutual funds) are in a revocable, pass-through family trust. We are the trustees & beneficiaries of the trust. This coming year is the first where we will be filing our taxes with this trust so we will consult a tax accountant to make sure we understand the IRS pape...
by goshenBogle
Fri Dec 08, 2017 7:56 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 77
Views: 11844

Why is Vanguard switching all accounts to brokerage accounts?

We fought hard and won - Vanguard agreed to keep our joint accounts as legacy - not brokerage - accounts since we have been with Vanguard over 30 years and have millions with them. We do not like the way Vanguard handles brokerage accounts. We had one brokerage account and every quarter the account ...
by goshenBogle
Sun Nov 19, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Insurance claim - what is my obligation?
Replies: 11
Views: 1189

Re: Insurance claim - what is my obligation?

I am not being petty. I should have said in my post that we may not replace the damaged mattress. In my opinion, we are under no obligation to replace the mattress. Comments?
by goshenBogle
Sun Nov 19, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: Insurance claim - what is my obligation?
Replies: 11
Views: 1189

Insurance claim - what is my obligation?

Recently moved to new location in same city - a local move. Our mattress (3 years old) was damaged - the bottom was torn. The mattress is still usable but the tear nullifies the mattress warranty. So we filed a claim and did receive a check for the cost of a replacement mattress minus the insurance ...
by goshenBogle
Wed Nov 08, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: RMDs – Best time to take during the year?
Replies: 12
Views: 1716

RMDs – Best time to take during the year?

What strategy during the year should be used as to when RMDs should be taken? I start taking RMDs in 2018. I do not need RMDs for living expenses. Federal taxes will be paid from RMDs with the remaining RMDs invested in the same fund but in an existing taxable account. (1) Should RMDs be taken all a...
by goshenBogle
Sun Sep 10, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: Mutual fund record keeping & Calculating cost basis
Replies: 7
Views: 952

Re: Mutual fund record keeping & Calculating cost basis

"keeping annual statement is a no-cost insurance policy" - Excellent thought, thank you!!!!!!!!!!!! I decided to keep my statements. :happy What about either scanning the statements into one's computer or taking pictures & storing the pictures on the computer? Is this a good idea or does this presen...
by goshenBogle
Sat Sep 09, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: Mutual fund record keeping & Calculating cost basis
Replies: 7
Views: 952

Mutual fund record keeping & Calculating cost basis

What mutual fund account records should I keep so that I can calculate cost basis when I sell shares? For each mutual fund account, I keep the end of year statement. After 30 years of investing, I have a ton of paper records. I would like to get rid of most of the end of year statements. But I am wa...
by goshenBogle
Wed Aug 02, 2017 7:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard statement on how to calculate RMDs
Replies: 13
Views: 1812

Re: Vanguard statement on how to calculate RMDs

The two methods are mathematically equivalent. The IRS rules go against common sense. There is no difference between the two methods as long as there are no extenuating circumstances (spouses more than 10 years apart, etc.). I just tried the two methods with my IRAs. The calculated RMDs were exactly...
by goshenBogle
Tue Aug 01, 2017 7:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard statement on how to calculate RMDs
Replies: 13
Views: 1812

Vanguard statement on how to calculate RMDs

In the Vanguard newsletter "In The Vanguard" for Summer 2017, Maria Bruno makes the following statement: "For IRAs, RMDs must be calculated separately for each account, but the amounts can be added together and distributed by any one of the IRAs." Wait a minute - A simpler method is to add all of my...
by goshenBogle
Tue Jul 25, 2017 8:22 pm
Forum: Investing - Theory, News & General
Topic: Too much of portfolio in Vanguard?
Replies: 22
Views: 4242

Too much of portfolio in Vanguard?

This may seem like a silly question but I am not sure how to answer it in a convincing way. About 80% of our $4.5 million portfolio is invested in Vanguard funds. My wife feels that we should invest no more, that maybe 80% concentrated in one mutual fund company is too much. I feel that Vanguard is ...
by goshenBogle
Mon Jul 17, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Which mutual fund paper records do you keep?
Replies: 7
Views: 534

Which mutual fund paper records do you keep?

Some of our mutual funds we have had for over 20 years. I keep the end of year statement for each. This is lot of paper. I also record in a spreadsheet at the end of year dividends, interest, capital gains, beginning and end of year shares & share price. If I record the summary data in a spreadsheet...
by goshenBogle
Mon Jul 10, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Condo association - Does the budget seem sound?
Replies: 14
Views: 1404

Condo association - Does the budget seem sound?

Just bought a condo. The condo association's finances appear to me to be sound but am curious what others think. The current condo assoc. budget is: $340K / year divided among 92 condos = $308/month per condo Operating reserves = $245K Of the $340K approx. $80K is transferred to operating reserves T...
by goshenBogle
Sun May 07, 2017 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Retired - How much can I afford to pay for house
Replies: 12
Views: 2116

Retired - How much can I afford to pay for house

On the surface this might seem like a simplistic question. However I have always had trouble spending money (my wife calls me 'cheap' :-) ). I am trying hard to overcome my stinginess. So, I think we could safely spend up to 8%-10% of portfolio on a new house. Note that we would not finance but woul...
by goshenBogle
Tue Apr 25, 2017 3:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 126
Views: 28270

Vanguard has switched to brokerage only accounts

We have been long time Vanguard investors. Most of our retirement is with Vanguard. Spoke to our Flagship rep the other day and was told that new accounts with Vanguard will be brokerage accounts. There are no more 'regular' (that is, non-brokerage) accounts. I find this disappointing. With the exce...
by goshenBogle
Wed Mar 22, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need title insurance?
Replies: 43
Views: 4224

Do I need title insurance?

Buying condo for cash, not financing. Condo built 2008 and has had only one owner since its construction.
Do I need title insurance? Or am I being cheap? Anything else I should consider?
Thanks!!!
by goshenBogle
Sun Mar 19, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Buying house - what should I expect from real estate agent
Replies: 10
Views: 1129

Buying house - what should I expect from real estate agent

We signed an exclusive 3 month contract with a local RE agent. She gave us access to the local MLS so that we can see all houses (except for sale by owner) for sale in area. At the beginning of the relationship she showed us several houses, none of which we liked. During the remainder of the 3 month...
by goshenBogle
Sat Mar 04, 2017 10:02 am
Forum: Personal Consumer Issues
Topic: By how much to 9 foot ceiling add to house price?
Replies: 15
Views: 9245

By how much to 9 foot ceiling add to house price?

We are looking at house plans and notice that most have 9 foot ceilings. My guess is that going from 8 foot to 9 foot ceilings would add substantially to the building price because standard building products (dry wall, lumber, etc.) come in 8 foot lengths. Am I correct about this? We have lived in b...
by goshenBogle
Thu Feb 23, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: IRS share federal tax information with states?
Replies: 7
Views: 1303

IRS share federal tax information with states?

I have always wondered if states can automatically get federal tax information from the IRS so that the states can compare the individual's state tax return with the federal tax return. Does anyone know if this is being done?
Thanks.
by goshenBogle
Mon Feb 06, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: Is a recession on the horizon? - Vanguard video
Replies: 4
Views: 954

Is a recession on the horizon? - Vanguard video

An interesting presentation from Joe Davis, Vanguard's global chief economist. See URL below.

Comments anyone?

https://personal.vanguard.com/us/insigh ... /3652-Exc1
by goshenBogle
Wed Feb 01, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Do ROTH conversion or not?
Replies: 23
Views: 2783

Do ROTH conversion or not?

I am in a quandary as to whether to do a ROTH conversion. My situation: Late 60's, retired, 25% tax bracket Projecting my RMDs into the future & assuming tax brackets do not change, I will be in 25% tax bracket when taking my RMDs regardless of whether I do a conversion now or not. So - Should I do ...
by goshenBogle
Sun Jan 29, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Revocable trusts - Guide on how to complete tax return?
Replies: 4
Views: 658

Re: Revocable trusts - Guide on how to complete tax return?

Thank you for the quick response!! I just found the same information. Since we are both trustee & grantor for our trust, we just report the trust income on our 1040 and nothing changes.
by goshenBogle
Sun Jan 29, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Revocable trusts - Guide on how to complete tax return?
Replies: 4
Views: 658

Revocable trusts - Guide on how to complete tax return?

A lawyer is creating for us a revocable trust which will be active in 2017. We have always done our own tax returns and we would like to do the tax return for the trust. Is there a good guide on how to complete the federal tax return for revocable trusts?
Thank you.
by goshenBogle
Tue Jan 24, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: Vinyl siding - what is the green growth & how to clean?
Replies: 8
Views: 1527

Vinyl siding - what is the green growth & how to clean?

I notice many homes in my area (Roanoke, VA) with some kind of green growth on vinyl siding. Is this algae, mildew or something else? Why does it appear on some siding and not others - is this a function of the siding type and manufacturer? Is there a way to prevent this growth? What is best way to ...
by goshenBogle
Thu Jan 19, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: American Century decreasing stock allocations - Interesting article
Replies: 16
Views: 2423

American Century decreasing stock allocations - Interesting article

The link below is to an interesting article from American Century (mutual fund company) on why they are decreasing their allocation in stocks and increasing bonds. From the article: "...key unknown relates to the emergence of populist, anti-globalization politicians in the U.S. and Europe, who threa...
by goshenBogle
Sun Dec 25, 2016 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Total stock market index (VTSAX) vs High Yield Dividend Index (VHYDX)
Replies: 5
Views: 2515

Re: Total stock market index (VTSAX) vs High Yield Dividend Index (VHYDX)

Oops - sorry ---- My dyslexia comes through again.

I meant VHDYX and not VHYDX
by goshenBogle
Sun Dec 25, 2016 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Total stock market index (VTSAX) vs High Yield Dividend Index (VHYDX)
Replies: 5
Views: 2515

Total stock market index (VTSAX) vs High Yield Dividend Index (VHYDX)

Retired with some money to invest in stock. Comparing Total Stock Market Index (VTSAX) to High Yield Dividend Index (VHYDX). Any thoughts on which is the better investment? Does it even matter that VHYDX invest in stocks that pay higher dividends? I would think that comparing long term returns would...
by goshenBogle
Wed Dec 21, 2016 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance (LTC) - Coverage decision
Replies: 11
Views: 1908

Long term care insurance (LTC) - Coverage decision

We are in our 60's and are shopping for LTC insurance. We have substantial assets and will pay for future LTC (nursing home, etc.) with a combination of our assets + LTC insurance. Thus we will use the LTC insurance to supplement our assets. The big question is how much coverage do we need. Approach...
by goshenBogle
Sun Dec 18, 2016 4:17 pm
Forum: Investing - Theory, News & General
Topic: Tax exempt muni bond funds & proposed lower rates on taxable investment interest
Replies: 3
Views: 948

Tax exempt muni bond funds & proposed lower rates on taxable investment interest

See this article: http://www.wsj.com/articles/the-looming-threat-to-tax-free-munis-1481904162 The Republican congress appears to be set to lower rates on taxable investment interest which would lessen the advantages of tax-free munis. This means tax-free bonds would be less desirable to investors, p...
by goshenBogle
Sun Dec 04, 2016 12:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: Ay interest in Roanoke, VA Valley BogleHeads chapter?
Replies: 0
Views: 370

Ay interest in Roanoke, VA Valley BogleHeads chapter?

Do any Bogleheads readers have an interest in forming a local chapter in the Roanoke, VA Valley - Roanoke / Vinton/ Hollins / Salem / Blacksburg / Christianburg?

If so, please respond to this post. If there is enough interest, we can form a chapter.

Thank you.

David
by goshenBogle
Thu Dec 01, 2016 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: QLAC - Determining long term benefit, pros & cons, tax consequences
Replies: 13
Views: 2011

QLAC - Determining long term benefit, pros & cons, tax consequences

I am 68 and recently was introduced to QLAC from an insurance agent. I want to fully understand the pros and cons of QLAC, and the long term tax consequences before I open a QLAC. Below is my understanding of how QLACs work - please correct any of my statements as you see fit. There are also some qu...
by goshenBogle
Thu Nov 24, 2016 8:55 pm
Forum: Investing - Theory, News & General
Topic: Stock market in record territory vs Re-balancing portfolio
Replies: 5
Views: 1107

Re: Stock market in record territory vs Re-balancing portfolio

Thank you all - you are correct. Ignore the market swings, don't try to guess what will happen, and just follow my plan.
Thanks again for setting me straight.
by goshenBogle
Thu Nov 24, 2016 3:37 pm
Forum: Investing - Theory, News & General
Topic: Stock market in record territory vs Re-balancing portfolio
Replies: 5
Views: 1107

Stock market in record territory vs Re-balancing portfolio

The U.S. stock market is at a record high. Come Jan 1 I will analyze my portfolio to see if it needs to be re-balanced. With stocks rising and bonds falling, my allocation may have changed enough that I will sell stock and buy bonds to get the allocation back in balance. BUT - The market appears (??...
by goshenBogle
Sun Nov 13, 2016 9:02 pm
Forum: Investing - Theory, News & General
Topic: Web site that lists ROI for individual stocks?
Replies: 3
Views: 553

Web site that lists ROI for individual stocks?

I would like to find a web site that lists the ROI (before taxes) for individual stocks. By ROI I mean what would be the percentage growth of the stock over a 1 / 5 / 10 year period without considering taxes. This info. exists for mutual funds, but does it exist for stocks? I can look at a site like...
by goshenBogle
Thu Oct 20, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs, Deductible IRAs & Taxes
Replies: 4
Views: 675

RMDs, Deductible IRAs & Taxes

I get myself totally confused when I try to wrap my head around the issue of how much of a traditional IRA distribution is taxable. To ensure that I understand the process, I detailed the steps to be followed below assuming that the IRA distribution is for RMDs. I would greatly appreciate if someone...