Search found 727 matches

by gwrvmd
Fri Nov 03, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) - pushing annuity?
Replies: 12
Views: 1056

Re: 403(b) - pushing annuity?

Are you kidding? If he came into my house and told me he wouldn't give me a written document because I wouldn't understand it, would soon realize his life was in danger. He better buy the annuity on himself and, for his wife's benefit, be sure it has a survivor benefit or it could be wasted money......
by gwrvmd
Wed Sep 27, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2401

Re: Edward Jones (again)

Vanguard does not have a 12(B)-1 fee on any funds. A 12(B)-1 fee is an on-going fee paid to whatever company or person sold you the fund. Vanguard refuses to pay anybody a commission for selling its funds. That's why you don't see EJ or Raymond James offering Vanguard funds............Gordon Edit: I...
by gwrvmd
Sat Sep 16, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Local Real Estate Agents recent ads - claim to have thousands of buyers??
Replies: 4
Views: 537

Re: Local Real Estate Agents recent ads - claim to have thousands of buyers??

Everybody within a 25 mile radius that doesn't own a house is a potential buyer. That could easily be 5,000 to 8,000 in your area. Most all real estate agents in metropolitan areas could make the same claim.......Gordon
by gwrvmd
Tue Sep 05, 2017 9:12 pm
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 8530

Re: Do retiree BHs actually run down their portfolios?

I retired at the beginning of 2006. I have a 100% stock portfolio, mostly tax deferred. My portfolio in 2017 is worth twice what it was in 2006. That includes 2008 (I didn't sell anything) and I have lived quite well. A crash soon after retirement doesn't have to be a catastrophe if you don't panic....
by gwrvmd
Tue Sep 05, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bought crypto currency
Replies: 67
Views: 3924

Re: Bought crypto currency

Do you have any physical proof of this transaction or was it a virtual transaction........Gordon
by gwrvmd
Sun Aug 13, 2017 10:21 pm
Forum: Forum Issues and Administration
Topic: Please consider setting a time limit of 15 minutes to edit a post
Replies: 31
Views: 3174

Re: Please consider setting a time limit of 15 minutes to edit a post

I believe the Moderators do a great job and the policy should be left as it is
People often post symbols for stocks, mutual funds and ETFs. A one letter mistake can be serious
You should be able to correct it as soon as it is pointed out or you realize your mistake......Gordon
by gwrvmd
Thu Aug 10, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 6955

Re: What Percentage CASH are you?

BW1985
I am also 85/15, 15% being cash, no bonds
If the market goes down, 15% cash represents 3 years spending, much cheaper than 40% bonds
Have done it all my life. Now there is a name for it, the new book "Investing at Level 3"......Gordon
by gwrvmd
Sun Aug 06, 2017 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Do I have enough to retire-retire from the military
Replies: 42
Views: 4061

Re: Do I have enough to retire-retire from the military

Retired military here
I think you are ok but if possible I would go for 24 years...that's 60% and the extra means a lot when it is indexed for, hopefully, 40 years.
It is also a couple extra years at probably the highest pay you will ever have. Good luck......Gordon
by gwrvmd
Sun Aug 06, 2017 8:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: Celebrating 30 years with Vanguard!
Replies: 25
Views: 2440

Re: Celebrating 30 years with Vanguard!

I started with Vanguard in 1978. At the time Vanguard had 4 funds: Wellesley fund, Wellington Fund, Windsor Fund and S&P 500 Trust (later to become S&P 500 Index Fund). I bought Windsor which I now own as traditional and as tax deferred plus in 6 grandchildren's 529s I own 8 Windsor accounts, it has...
by gwrvmd
Sat Aug 05, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Dad as Investment Advisor for Kids
Replies: 51
Views: 4090

Re: Dad as Investment Advisor for Kids

Ten Pages ? Several years ago (I don't remember the particulars) there was a contest to see who could put the best and most complete "Guide to Personal Finance" on a 3x5 card. Some of the winners were very good and very complete You could put John Bogle's Ten Principles of Investing on a 3x5 card......
by gwrvmd
Sat Aug 05, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: Drinking water price craziness
Replies: 79
Views: 8228

Re: Drinking water price craziness

Indexed Annuities, lottery tickets and bottled water all have approximately the same value.....Gordon
by gwrvmd
Thu Aug 03, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: The Rise From 7,000 to 22,000
Replies: 49
Views: 6862

Re: The Rise From 7,000 to 22,000

As long as capitalism exists, the stock market will go up long term. Think of that the next time somebody tells you that you should have 40% bonds........Gordon
by gwrvmd
Sat Jul 29, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security and military survivors benefits
Replies: 3
Views: 667

Re: Social Security and military survivors benefits

I can't give you answers but I can get you started
You will need the persons full name and SSN
VA Benefits and Services 800-827-1000
http://benefits.va.gov/benefits.......Gordon
by gwrvmd
Fri Jul 28, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring 529 ownership
Replies: 6
Views: 744

Re: Transferring 529 ownership

No, because the money you put is was after tax money. Contributions to ESA 529s are not tax deductible.
Gordon
by gwrvmd
Sun Jul 23, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Healthiest Beer for the Buck
Replies: 35
Views: 3877

Re: Healthiest Beer for the Buck

BanguetBeer I think your calculations are low. By your calculations a 12 oz can/bottle of beer is 96 calories. That's Lite: Bud Lite, Miller Lite, Coors Lite etc. A regular beer is about 150 calories and they don't taste sweet. But your post does recall the old PBR commercial "Less NFS...Non Ferment...
by gwrvmd
Sat Jul 22, 2017 7:59 pm
Forum: Personal Consumer Issues
Topic: Healthiest Beer for the Buck
Replies: 35
Views: 3877

Re: Healthiest Beer for the Buck

I don't know but I have been told: Beer is good for you, it is 95% water and keeps your kidneys flushed so you don't get renal disease Some guy also told me I am a GMO. He told me if I had all my genes analyzed, I would find out my genes aren't all like either my mammy or my pappy. Do you think they...
by gwrvmd
Thu Jul 20, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington VWELX or 3 fund portfolio
Replies: 20
Views: 3749

Re: Wellington VWELX or 3 fund portfolio

jimbeam 22
You are wondering about switching to a balanced index fund
Wellington is essentially a 65% large cap index and 35% corporate bond index fund. If you want a balanced index fund with a great long term record...That's Wellington!.............Gordon
by gwrvmd
Wed Jul 19, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 31
Views: 5905

Re: The Death of Buy and Hold

What does a 5 star book on Amazon mean?..........Gordon
by gwrvmd
Tue Jul 18, 2017 11:00 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4866

Re: Expense Ratios, how high is too high

It is amazing what has happened to the cost of investing in the past 30 years. 30 years ago anything over 1.85% was considered high (and it usually had a front end load) 20 years ago anything over 1.5% was considered high 10 years ago anything over 1.0% was considered high Today anything over 0.5% i...
by gwrvmd
Mon Jul 17, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3736

Re: Thinking out loud

Friar1610 You asked if "Investing at Level 3" was the same if you had guaranteed sources of income such as pension, SS, etc I'll answer it this way: Another way to look at Investing at level 3 is never touching the stock portion of your portfolio when the market is down If you feel you need $60,000 ...
by gwrvmd
Sun Jul 16, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3736

Re: Thinking out loud

Its interesting you have those doubts, this is a very conservative group When you invest in bonds you are increasing the risk of losing your long term purchasing power, bond don't pay well nor respond to inflation. The recent book 'Investing at Level 3" by Dr James Cloonan, founder of AAII (American...
by gwrvmd
Sun Jul 16, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?
Replies: 10
Views: 868

Re: Selling Wife's Equal Sector Weight ETF - any landmines I'm missing?

Don't be afraid of the "equal weight approach" The Guggenheims S&P 500 Equal Wt ETF (RSP) is a commonly used investment. Generally it means that midcaps will have a greater effect on the asset than if it was capitalization weighed in which case large capitalization stocks would have a greater effect...
by gwrvmd
Sat Jul 15, 2017 11:04 pm
Forum: Investing - Theory, News & General
Topic: need help evaluating new 401k fees
Replies: 5
Views: 483

Re: need help evaluating new 401k fees

You said "DWs new 401k has a quarterly asset based fee of .2825. I hope that is a quarterly fee based on an annual fee of .2825. That's not great but if you have Vanguard funds its ok. If it is a quarterly fee, that's 1.2% a year, that's not good........Gordon
by gwrvmd
Sat Jul 15, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: Can American Funds be worth the load?
Replies: 15
Views: 1903

Re: Can American Funds be worth the load?

Yes, American Funds and American Century are two different companies American Funds are being hurt badly by the decreased expenses of index funds,ETFs, and regular mutual funds They are coming out with T shares (2.5% load and no 12(b)1 fees) and "clean shares " no load at all I believe Schwab or TD ...
by gwrvmd
Wed Jul 12, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: New Commodities ETFs
Replies: 35
Views: 1866

Re: New Commodities ETFs

Some of these new commodities ETFs are like buying options in the commodities market
Options in the commodities markets are true gambling
Remember they are just using a Bloomberg Commodities Index, it is not Bloomberg that designed the ETF or is advocating it .......Gordon
by gwrvmd
Sun Jul 09, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Setting Up a New 403(b)
Replies: 12
Views: 737

Re: Advice on Setting Up a New 403(b)

This post could be an interesting learning exercise Many of us use Vanguard funds and know what the Expense Ratios (ER) are of the Vanguard Funds you have listed. Your 403(b) administrator is an insurance company, Lincoln Financial Group. You are being offered Vanguard funds through an insurance com...
by gwrvmd
Sun Jul 09, 2017 7:07 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 4786

Re: Coyote control

If you give them a drink, and then something to eat, they will definitely stay around...... Coyotes? Oh, I thought you were talking about Cougars.......Gordon
by gwrvmd
Sat Jul 08, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house in FEMA flood zone X
Replies: 30
Views: 2136

Re: Buying a house in FEMA flood zone X

Talk to the neighbors, if there has been any problems they will tell you (complain to you)
If they are new, ask them who has lived in the area the longest, ask them
You will learn more from them then any municipal or FEMA map......Gordon
by gwrvmd
Mon Jun 26, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Where to find a financially like-minded significant other?
Replies: 140
Views: 9833

Re: Where to find a financially like-minded significant other?

I don't think a dating group would help. I have been involved with AAII (Am Assn of Individual Investors) chapters for 25+ years. North Jersey Chapter for 15 years and now Coastal Carolina Chapter for 12 years. I could count the number of people under 40 on one hand, under 50 on 2 hands. The Coastal...
by gwrvmd
Mon Jun 19, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Need to find Loaded Index Funds
Replies: 64
Views: 4731

Re: Need to find Loaded Index Funds

Good show shorvath! It had me stumped, you are a more creative thinker than I........Gordon
by gwrvmd
Mon Jun 19, 2017 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Credit for Retirees
Replies: 16
Views: 1944

Re: Credit for Retirees

Salary is not a factor in the calculation of credit score . Amount of credit used and payment history are the two most important factors. Common question on financial literacy tests......Gordon
by gwrvmd
Sun Jun 18, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Change Auto & Umbrella Insurance after 52 years?
Replies: 21
Views: 2297

Re: Change Auto & Umbrella Insurance after 52 years?

SueG5123....There is a major, not well publicized discount that comes at 40+ years at USAA. It is worth about 30% of my insurance cost. Don't leave USAA until you investigate that......Gordon
by gwrvmd
Fri Jun 16, 2017 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Permanent job (finally), curious 403b match; thoughts?
Replies: 6
Views: 857

Re: Permanent job (finally), curious 403b match; thoughts?

Most organizations with 403(b) retirement plans are government (police, teachers) or non profits (hospital, charities) and have low or no matches. 25% unlimited is unheard of. Take all you can get! I agree with CFM 300, I would not use tax deferred space to buy a bond fund with a .51 ER. You are you...
by gwrvmd
Thu Jun 15, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Annuities ?
Replies: 16
Views: 1284

Re: Federal Employee First Alliance - Annuities ?

If you are military, don't get out of the TSP for anything from First Command If you are federal civilian don't get out of the TSP for anything from First Alliance Don't ever get totally out of the TSP, once you leave the Fed Gov you can't get back in I am sure you will get more responses from peopl...
by gwrvmd
Mon Jun 05, 2017 6:48 pm
Forum: Personal Consumer Issues
Topic: How to find best but the cheapest red wine for better health?
Replies: 14
Views: 1231

Re: How to find best but the cheapest red wine for better health?

I went down to my local liquor store. There were 2 winos sitting on the curb. I asked them about resveratiol. One looked in his bottle and said " I don't see nothin reversin in there". The other said "Bring me out a bottle and I'll check it for you" They didn't look very healthy to me..................
by gwrvmd
Sun May 21, 2017 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: NY vs Utah 529?? Can't decide!
Replies: 23
Views: 2515

Re: NY vs Utah 529?? Can't decide!

Wow! Have never been called "a wise person" before

Both NY and Utah are good

If you are not familiar check these websites:
SavingForCollege.com
Collegesavings.org
Both compare 529s from all states........Gordon
by gwrvmd
Sun May 21, 2017 4:28 am
Forum: Investing - Help with Personal Investments
Topic: please evaluate my portfolio, is it too risky
Replies: 13
Views: 1711

Re: please evaluate my portfolio, is it too risky

Robertlans This post is from a retired National Guard Officer 20 years into retirement I assume you are a senior NCO in a reserve component Your portfolio is NOT too risky. Having SS, military retirement, Medicare and Tricare takes almost all of the risk out of retirement You have proved you can han...
by gwrvmd
Thu May 18, 2017 9:25 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 14759

Re: For those with $500k-$1m in investments...

Interesting thread....5 -6 years ago on this forum if you had over 50% in tax deferred you were an outlier, but as you can see that is not true today. Philosophy tended to be " Don't go into retirement owing all that money" I am 90% tax deferred, retired 12 years. Was 80% tax deferred when retired. ...
by gwrvmd
Sun Apr 23, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage at 75 ?
Replies: 15
Views: 2500

Re: Mortgage at 75 ?

I retired at 70 from up north. Bought a $280,000 house down south with a $240,000 mortgage at 5% Refinanced several times, now 80 with a $100,000 mortgage at 3.5% (now 5 yr left on a 15). Wife wants to pay it off which we could easily do. Conventional wisdom says never go into retirement with a mort...
by gwrvmd
Sun Apr 23, 2017 7:33 pm
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 43
Views: 4581

Re: Becoming a homeowner/landlord in a college town?

Some student groups who rent a house keep it over the summer. Some find a summer job in the area, some return early for football camp, some go to summer school and if only one goes to summer school, they often recruit other summer students to live there to share the cost. The point is I wouldn't ass...
by gwrvmd
Fri Apr 21, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 85
Views: 8712

Re: Removing a tree - expensive!!!

You people must all live in the city. I see mention of trucks, booms, Cherry Pickers etc. Down south "Climbers" take them down from the bottom up then the trunk on their way back down. The man or men on the ground run the chipper. By the time the Climber is back down on the ground the ground is clea...
by gwrvmd
Tue Feb 28, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Annuity Reference
Replies: 11
Views: 928

Re: Annuity Reference

Two references you can try:
1) Immediateannuities.com
2) Annuityreview.com......charges a fee Gordon
by gwrvmd
Sun Feb 26, 2017 10:25 pm
Forum: Investing - Theory, News & General
Topic: Why has Vanguard increased International Stock and International Bond in Balanced Funds and Portfolio Recommendations?
Replies: 33
Views: 5097

Re: Why has Vanguard increased International Stock and International Bond in Balanced Funds and Portfolio Recommendation

I believe Vanguard has taken diversification too far I believe in diversification in size, value vs growth, among industries, service vs industrial etc, etc However, I do not agree with extending diversification to countries When you diversify internationally you introduce 1) Currency risk 2) Politi...
by gwrvmd
Fri Feb 24, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 5493

Re: Talking with parents' financial advisor

People are unlikely to take financial advise from someone whose bottom they have powdered
Gordon
by gwrvmd
Thu Feb 23, 2017 1:46 pm
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 69
Views: 6339

Re: Does anyone else have (possibly too much) fun dealing with finances?

To those of you who are really into it: I am in my 70s and retired, was never in the financial services industry Have always been interested in the financial services industry and been a an active Boglehead for 6 years Decided to get a credential or certification just for personal satisfaction/achie...
by gwrvmd
Fri Feb 17, 2017 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Teaching Teenagers to Invest - any ideas?
Replies: 5
Views: 515

Re: Teaching Teenagers to Invest - any ideas?

"Would they be able to handle losing their 12 - 15 yr of savings in case the market does down"
If you let them sell they will learn to be afraid of the market.
If you don't let them sell....Then they will learn something.......Gordon
by gwrvmd
Wed Feb 15, 2017 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 12162

Re: Bogleheads not the norm?

Being a Boglehead is a philosophy, it does not mean an amount of money. You learn that investing is very simple and logical.....you don't need to pay a "guy" to do it Some day you will be at the Yacht Club and you will meet your neighbors "guy". You will be there for discounted d...
by gwrvmd
Sun Feb 05, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Utilization
Replies: 7
Views: 670

Re: Credit Utilization

You are in good shape. Anything above about 775 gets the lowest interest rate. My utilization is about the same as yours at about 3% and my credit score has been 820 plus for over a year. If you go into a bank with a credit score over 800, they will break a leg trying to give you a mortgage. Credit ...
by gwrvmd
Mon Jan 30, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help with 25 Year Old Daughter-In-Law.
Replies: 36
Views: 6373

Re: Please Help with 25 Year Old Daughter-In-Law.

A 529 for the kids has been mentioned. If you can support and encourage her such as getting more education, you could change the beneficiary of one of the policies to her and use it for her education. After she doesn't need it switch it back to the child and try to make up the difference. No one can...
by gwrvmd
Mon Jan 30, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Beneficiary: 1 person vs. 5 for tax reasons?
Replies: 16
Views: 1290

Re: IRA Beneficiary: 1 person vs. 5 for tax reasons?

As beneficiaries you can list each person separately as 20% beneficiary. That keeps the IRA out of probate and each person inherits at a stepped up basis (the date of the owners death) so none will owe taxes on the inheritance.......Gordon ETA: IRAs do not have go through probate if they have TOD (T...