Search found 73 matches

by goshenBogle
Tue Jul 25, 2017 8:22 pm
Forum: Investing - Theory, News & General
Topic: Too much of portfolio in Vanguard?
Replies: 15
Views: 1740

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: 305

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 spreads...
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: 1082

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: 1837

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: 108
Views: 11493

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 Consumer Issues
Topic: Do I need title insurance?
Replies: 37
Views: 2780

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: 810

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: 2923

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: 964

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: 840

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: 2495

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...
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: 495

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: 495

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: 1009

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: 2252

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 ...
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: 1454

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: 1454

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: 1531

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: 748

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: 322

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: 1250

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: 1014

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: 1014

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: 469

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: 630

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...
by goshenBogle
Sun Oct 09, 2016 9:18 am
Forum: Investing - Help with Personal Investments
Topic: A Retiree's Conundrum - Can you help?
Replies: 21
Views: 4026

A Retiree's Conundrum - Can you help?

My financial situation: Retired, late 60's, portfolio approx. $4 million; as of 9/30/16 - 60% bonds, 37% stocks, 3% cash. Guaranteed income is social security, no pension. I can meet my expenses with social security + 1% from portfolio. Long term portfolio goals: preservation of capital, moderate gr...
by goshenBogle
Mon Sep 12, 2016 6:20 am
Forum: Investing - Theory, News & General
Topic: Why does hint of Fed interest rate hike trigger sell-off?
Replies: 34
Views: 4645

Why does hint of Fed interest rate hike trigger sell-off?

I really do not understand why a probable rise in the Fed interest rate should make the market drop. We have known for many, many, many months that the rate will increase. Heck, it has to increase to prevent a potential overheating of the economy. So an increase of 1/2% or even 1% should be no big d...
by goshenBogle
Wed Aug 10, 2016 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Wills, lawyers & UsLegalForms.com
Replies: 6
Views: 743

Wills, lawyers & UsLegalForms.com

My wife & I need 'simple wills' created. We have no children, will leave everything to each other, or to a charity if we both go. Seems pretty simple. We already have POA & Living wills, just need the simple wills since we moved to another state. We do not need an analysis of our estate, jus...
by goshenBogle
Mon Jul 25, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Liability insurance needed if renting apartment?
Replies: 14
Views: 947

Liability insurance needed if renting apartment?

When I owned a home with several acres of property, in addition to home owners insurance, I had a $1,000,000 liability (umbrella) policy. Now that I sold that house and am renting an apartment, do I still need a liability policy? Granted such a policy when renting is inexpensive (I pay $112 per year...
by goshenBogle
Mon Jun 27, 2016 3:35 pm
Forum: Investing - Theory, News & General
Topic: Brexit, Buy & Hold, & Investor Shaky Confidence
Replies: 23
Views: 3055

Re: Brexit, Buy & Hold, & Investor Shaky Confidence

One other note.... The S&P 500 is only down 2.1% compared to its price on 12/31/15. Really bothers me when the news media - including NPR by the way - says that the markets are "tumbling". I think some of the 'panic' is caused by irresponsible journalism when the news outlets - again i...
by goshenBogle
Mon Jun 27, 2016 2:06 pm
Forum: Investing - Theory, News & General
Topic: Brexit, Buy & Hold, & Investor Shaky Confidence
Replies: 23
Views: 3055

Brexit, Buy & Hold, & Investor Shaky Confidence

I am fascinated with the market drop since the BREXIT vote. Really, nothing has changed. People still need and buy good and services, corporations still supply those goods and services. This is not going away. Sure, the UK has shot itself in the foot and will see a drop in living standards, but noth...
by goshenBogle
Thu Mar 17, 2016 8:03 am
Forum: Investing - Theory, News & General
Topic: ROTHs - Question about 5 year distribution rule with no penalty
Replies: 2
Views: 501

ROTHs - Question about 5 year distribution rule with no penalty

My understanding is that after 59 1/2, I can take money out of a ROTH without penalty if it is open at least 5 years. Correct? Consider this scenario: ROTH #1 with mutual fund co. A - opened 10 years ago ROTH #2 with mutual fund co. B - opened 1 year ago Can money be taken out of ROTH #2 **now** wit...
by goshenBogle
Wed Mar 16, 2016 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: selling house - How to use appraisal in setting price?
Replies: 2
Views: 553

selling house - How to use appraisal in setting price?

Our house, which we are selling, is very atypical so that RE agents will not be able to find good comparables in our area. This will entail the agents looking far and wide for something to compare to our house and property. This will probably yield wide variances between the CMAs from the agents we ...
by goshenBogle
Wed Mar 09, 2016 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Explain real estate 'dual agency' from seller's perspective
Replies: 7
Views: 963

Explain real estate 'dual agency' from seller's perspective

I am quite confused as to how dual agency works in real estate transactions for the seller. Would this scenario be considered dual agency? Agency A is my listing / seller agent. Someone walks into agency A and asks to see my house. Agency A shows them my house. Since agency A represents me as the li...
by goshenBogle
Wed Mar 09, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing real estate agent for selling house
Replies: 6
Views: 789

Choosing real estate agent for selling house

Quick background on us: In our 60's, retired, looking to sell our country house of 22 years to move farther south. Our house is in a semi-rural area and will probably be a hard sell; needs the right person to come along to buy it. We have interviewed several agencies in our town and have narrowed ou...
by goshenBogle
Thu Mar 03, 2016 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Using electronic lock box when selling house
Replies: 28
Views: 2183

Using electronic lock box when selling house

We will shortly be putting our house on the market. The house is in a semi-rural area and is somewhat secluded; cannot be seen from the public road. We are retired and are home most of the time. We are uncomfortable with having the agents use a lock box and we want to be more in control of the showi...
by goshenBogle
Thu Mar 03, 2016 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Does everyone really need to save $1 million for retirement?
Replies: 225
Views: 33947

Re: Does everyone really need to save $1 million for retirement?

$1 million is NOT a lot of money. If you do not have a pension, what will you live on? Social security? That won't work since SS does not keep up with inflation. To ensure that you have enough money to last your lifetime, you probably do not want to take out more than about 3% per year from your por...
by goshenBogle
Sat Feb 27, 2016 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Selling house - Is dual agency relationship a good or bad idea?
Replies: 41
Views: 3371

Selling house - Is dual agency relationship a good or bad idea?

We are looking to sign an agreement with a local real estate agency to sell our house. We have met with several agencies and are trying to pick the agency that best meets our needs. Some of the agencies in our area want to have a "dual agency" relationship rather than an exclusive relation...
by goshenBogle
Fri Feb 19, 2016 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Selling house - when to give appraisal to RE agent?
Replies: 4
Views: 916

Selling house - when to give appraisal to RE agent?

I have a question about the house selling process. Would appreciate input from those who have gone through this process. We will soon be placing our house on the market. The RE agent will conduct a CMA (comparative market analysis) to help us determine the selling price. We have previously had an in...
by goshenBogle
Thu Feb 11, 2016 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion About Preventing Theft of IRS Tax Data
Replies: 22
Views: 2516

Confusion About Preventing Theft of IRS Tax Data

I am a bit confused about IRS form 14039 (Identity Theft Affidavit) and the eligibility of IRS IP-PIN. I am not currently a victim of identity theft. But I have been notified by a gov. agency that my personal data was stolen which could lead to identity theft. (1) Should I file IRS form 14039? Is so...
by goshenBogle
Wed Jan 20, 2016 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Market volatility - Why Buy & Hold is Best Strategy
Replies: 2
Views: 393

Market volatility - Why Buy & Hold is Best Strategy

Here is a great article from the Motley Fool on why during a panic stricken bear market, buy and hold is still the best strategy.

http://www.fool.com/retirement/general/ ... arket.aspx
by goshenBogle
Sat Jan 16, 2016 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Ignore the noise
Replies: 16
Views: 2526

Re: How to make the noise sound sweet

During this strong market downturn, I do follow the market on a daily basis. But to sweeten the noisy sounds, I have a spreadsheet where I calculate how much my portfolio has dropped vs the S&P 500. Comparing Friday 1/15/16 to 12/31/15, S&P 500 down 8%, my portfolio down 1.8%. As a retiree, ...
by goshenBogle
Fri Jan 15, 2016 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Ignore the noise
Replies: 16
Views: 2526

Ignore the noise

Interesting to watch the current market fall. The world seems to be panicking just because China is not doing as well as it did in the past plus oil prices are falling. Heck, falling oil prices are good for the U.S. economy so if anything, US stocks should go up and not down, right? Frankly I think ...
by goshenBogle
Sun Dec 06, 2015 11:04 am
Forum: Personal Consumer Issues
Topic: Security freeze & Internet credit card transactions
Replies: 10
Views: 1107

Re: Security freeze & Internet credit card transactions

So a credit freeze does not impact credit card purchases made online, right?
by goshenBogle
Sun Dec 06, 2015 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Balanced fund vs Individual stock & bond funds
Replies: 3
Views: 906

Balanced fund vs Individual stock & bond funds

My situation: Late 60's, retired (yeah!!!) There are lots of threads about balanced funds, but I was not able to find an answer to my specific question, so -- Question: Why invest in a balanced fund (e.g.: Wellington, Wellesley, Balanced Index, etc.) as opposed to investing in individual stock &...
by goshenBogle
Sun Dec 06, 2015 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Wellington, Wellesley: Returns of bond & stock portions of funds
Replies: 2
Views: 727

Re: Wellington, Wellesley: Returns of bond & stock portions of funds

Thank you!!! I never realized this existed. The documents I wanted are there. Thanks again.
by goshenBogle
Sun Dec 06, 2015 10:04 am
Forum: Personal Consumer Issues
Topic: Security freeze & Internet credit card transactions
Replies: 10
Views: 1107

Security freeze & Internet credit card transactions

On the Experian website there is the following: "using a security freeze may delay, interfere with, or prohibit the timely approval of ... Internet credit card transaction, or other services, including an extension of credit at point of sale" What does the above statement mean? What impact...
by goshenBogle
Sun Dec 06, 2015 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Wellington, Wellesley: Returns of bond & stock portions of funds
Replies: 2
Views: 727

Wellington, Wellesley: Returns of bond & stock portions of funds

I am curious how the stock & bond portions of Wellington & Wellesley funds fared over the last few years. I have the annual reports for these funds for 2010-2015 but am missing the annual reports for 2008 & 2009. If someone has these annual reports, I would greatly appreciate if you woul...
by goshenBogle
Wed Sep 02, 2015 11:46 am
Forum: Investing - Theory, News & General
Topic: Large short term market swings - why?
Replies: 10
Views: 1022

Large short term market swings - why?

My question might seem naive, but please bear with me. The last 2 weeks or so has seen large swings in the U.S. markets (DOW, S&P 500, etc.). For example, a news release indicates that China is stepping in to shore up its markets, the DOW goes up 5%. China's markets drop and the S&P drops. S...
by goshenBogle
Thu Aug 27, 2015 6:51 pm
Forum: Investing - Theory, News & General
Topic: NPR story, Stock market is wealth indicator of top 1% - HUH??
Replies: 8
Views: 1838

NPR story, Stock market is wealth indicator of top 1% - HUH??

I was appalled that in tonight's broadcast, a individual was quoted as saying that the stock market is the wealth indicator of the top 1%. Furthermore in this story, the NPR reporters implied that the market and its gyrations are not important to most Americans. This really bothered me. My retiremen...

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