Search found 268 matches

by jmndu99
Mon Jan 16, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: Heavy duty cordless drill/hammerdrill recommendation
Replies: 17
Views: 842

Heavy duty cordless drill/hammerdrill recommendation

Hello all, I work in the trades and use a drill/hammerdrill on the job in the Midwest. All times of year. All types of weather. I now have a Dewalt 18 volt cordless with 2 batteries. It's approx 6 months old. It leaves much to be desired. I use it to drill holes from 1/4" to 1/2" holes usi...
by jmndu99
Wed Jan 11, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 133
Views: 13642

Re: Best Financial Moves You've Made

Brown bagging lunch is the best financial made.

Bringing lunch from home was the springboard to educating myself (with assistance of this site) on saving, investing, spending, living below my means.

Best wishes
by jmndu99
Tue Jan 10, 2017 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Tax Question
Replies: 9
Views: 1035

Re: Inheritance Tax Question

... What type of tax implications did I just unleash on myself? Thanks! Welcome luderiffic, Sorry for your loss. As another poster stated, you will get a step up in basis of price of shares on the date of grandmother's death. From the day of grandmother's death to day of sell: 1, the share price we...
by jmndu99
Wed Jan 04, 2017 6:53 pm
Forum: Investing - Theory, News & General
Topic: "Vanguards Investment Tips For 2017"
Replies: 14
Views: 2444

Re: "Vanguards Investment Tips For 2017"

Thank you for posting Taylor,

I for one am looking forward to volatility. The chance to buy shares on sale is a wonderful thing.

James
by jmndu99
Wed Jan 04, 2017 6:46 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (December 2016)
Replies: 11
Views: 1354

Re: madsinger monthly report (December 2016)

Thanks again Brad.

Happy healthy and prosperous New Year

James
by jmndu99
Tue Jan 03, 2017 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Sell tIRA mm funds to Roth IRA mm fund Question
Replies: 6
Views: 286

Re: Sell tIRA mm funds to Roth IRA mm fund Question

It sounds like you're doing an exchange from Traditional IRA to Roth IRA which is a Roth conversion. There should not be a 10% early withdrawal penalty. However the system may recognize this as a Roth conversion and ask if you would like to withhold taxes. It is best not to withhold taxes as the ta...
by jmndu99
Tue Jan 03, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Under 50 please read regarding social security
Replies: 4
Views: 995

Under 50 please read regarding social security

Good afternoon, I have come across this article by asset builder Scott Burns regarding changes to our social security benefits. Quite alarming Social Security Reform: If You’re Under 50, Watch Out [link fixed by admin LadyGeek, see below] I have been using social security to plan my investments. I m...
by jmndu99
Tue Jan 03, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Sell tIRA mm funds to Roth IRA mm fund Question
Replies: 6
Views: 286

Re: Sell tIRA mm funds to Roth IRA mm fund Question

Rainmaker41 wrote:https://personal.vanguard.com/us/insights/guide/tips-rothira-conversion



Thank you Rainmaker41. I'll take a look at this from my desktop
by jmndu99
Tue Jan 03, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Sell tIRA mm funds to Roth IRA mm fund Question
Replies: 6
Views: 286

Re: Sell tIRA mm funds to Roth IRA mm fund Question

obafgkm wrote:What does "mm" mean?


Money Market
by jmndu99
Tue Jan 03, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Sell tIRA mm funds to Roth IRA mm fund Question
Replies: 6
Views: 286

Sell tIRA mm funds to Roth IRA mm fund Question

Good morning everyone, I would like to exchange the funds in my tIRA mm to my Roth IRA mm fund. When I begin the exchange on the website I get to go to vanguard.com to complete the transaction. I'm using the vanguard app. If i perform a sell transaction i get a warning about a 10% penalty due to my ...
by jmndu99
Fri Dec 30, 2016 9:01 pm
Forum: Investing - Theory, News & General
Topic: Brokers Make You Broker - an interactive chart complements of Rick Van Ness
Replies: 9
Views: 1395

Re: Brokers Make You Broker - an interactive chart complements of Rick Van Ness

Op thanks for posting.

I'm interested but the link is not loading for me.

I'm using my phone with chrome browser.

The address www.financinglife.org is not loading either

Thank you
by jmndu99
Thu Dec 29, 2016 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Question About After-Tax Mega-Backdoor Roth 401K Contributions
Replies: 16
Views: 1311

Re: Question About After-Tax Mega-Backdoor Roth 401K Contributions

Hello, I have done this for a few years now: I have contributed the max to my tIRA. I have contributed the max to my t401k with my employer. After hitting the max in my t401k, I continued to contribute after-tax to my t401k. At the end of the year, I would call up the custodian and ask that they do ...
by jmndu99
Thu Dec 29, 2016 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Question About After-Tax Mega-Backdoor Roth 401K Contributions
Replies: 16
Views: 1311

Re: Question About After-Tax Mega-Backdoor Roth 401K Contributions

Hello, I have done this for a few years now: I have contributed the max to my tIRA. I have contributed the max to my t401k with my employer. After hitting the max in my t401k, I continued to contribute after-tax to my t401k. At the end of the year, I would call up the custodian and ask that they do ...
by jmndu99
Wed Dec 28, 2016 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Must I fund my Roth before January?
Replies: 4
Views: 552

Re: Must I fund my Roth before January?

I am opening my first Roth IRA, with vanguard. Am I correct that I must open the account prior to the end of this year if I want to contribute money for 2016? As this is a brand new account, must I also fund my Roth before January 1, to count as a 2016 contribution? Fund it by April 18, 2017 (Tax D...
by jmndu99
Sat Dec 24, 2016 4:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You.
Replies: 98
Views: 6988

Re: My Christmas Gift to You.

Merry Christmas Mr. Larimore.

Your post reminds us what Valor means. Thank you for the fight you gave so that we and others may live free.

May God bless you and family Sir.

Hooo Ahhhh
by jmndu99
Sat Dec 24, 2016 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Bogle backfire?
Replies: 81
Views: 12636

Re: Bogle backfire?

I appreciate posts like this as I think it will help newer investors answer the eternal question of what is the difference between speculation vs. investing. Harry Browne of PP fame nicely worded in his books that investing is when one is trying to get their fair share of returns that everyone else...
by jmndu99
Sat Dec 24, 2016 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Whole life ins. Co. Asks about bankruptcy. questions
Replies: 22
Views: 2001

Re: Whole life ins. Co. Asks about bankruptcy. questions

Good Morning all, Thank you for all your replies. Admittedly, I don't know much about life insurance. I understand that whole life is not for me (at this time). I will look read up on term life. I am very grateful that there are always fellow Bogle heads who have done this before me and who are will...
by jmndu99
Fri Dec 23, 2016 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Whole life ins. Co. Asks about bankruptcy. questions
Replies: 22
Views: 2001

Re: Whole life ins. Co. Asks about bankruptcy. questions

Thanks for replying. My concern for insurance came up due to taking a mortgage. I am concerned that, in my demise, my wife wouldn't be able to handle the mortgage payments. Whole life was pitched to me as "mortgage protection insurance". Admittedly, I know nothing about insurance. Thank yo...
by jmndu99
Thu Dec 22, 2016 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Whole life ins. Co. Asks about bankruptcy. questions
Replies: 22
Views: 2001

Whole life ins. Co. Asks about bankruptcy. questions

Good afternoon, I am in the application process for whole life insurance. I have been asked about filling bankrupt. I don't understand why a bankruptcy is important to insurance company. I don't think it's the insurance company's business whether or not I have filled for bankruptcy. Why would an ins...
by jmndu99
Tue Dec 20, 2016 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: "Trump Rally" with any basis or doomed to come down to earth soon?
Replies: 16
Views: 1446

Re: "Trump Rally" with any basis or doomed to come down to earth soon?

Good afternoon,
The Market likes certainty.

2 questions that the Market had have been answered. Who will be president and what will the Federal Reserve interest rate hike be.
by jmndu99
Tue Dec 13, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 13425

Re: How old is your vehicle?

2006 dodge stratus 140k
by jmndu99
Fri Dec 02, 2016 8:56 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (November 2016)
Replies: 17
Views: 1808

Re: madsinger monthly report (November 2016)

Brad,
Thank you for keeping us updated. Your time is appreciated. I'm still in the accumulation phase.

Best wishes,
James
by jmndu99
Wed Nov 30, 2016 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvest Dividends from Taxable to Roth IRA
Replies: 8
Views: 810

Re: Reinvest Dividends from Taxable to Roth IRA

Thank you op for posting the question.

One more everyone. I didn't think that dividends/capital gains are considered earned income, that can be used to fund a Roth IRA. Am I wrong?

I am definitely interested in doing the same thing.

Thank you,
J
by jmndu99
Tue Nov 29, 2016 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 7537

Re: Investing in the 80's when CD rates were 17%?

Hello, I have really enjoyed this thread. Nedsaid mentioned Bob Brinker. My Sunday afternoon Is spent listening to Mr. Brinker and almost once a month a caller to the show will thank him for telling us about these cds back in the 80's. I have been reading a book of Ric Edelman's and these cds have b...
by jmndu99
Fri Nov 18, 2016 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Total Stock Market portfolio
Replies: 31
Views: 4020

Re: 100% Total Stock Market portfolio

I was 100% equities into my mid-50s (I now need to protect some living expense funds to "bridge" from retirement to start-of-Social-Security), but I have been convinced that some bonds (10% - 20%) is appropriate for nearly everyone based on: 1. Efficient Frontier - better risk adjusted re...
by jmndu99
Fri Nov 18, 2016 10:45 am
Forum: Investing - Help with Personal Investments
Topic: New To Investing: Am I on the right path?
Replies: 24
Views: 1445

Re: New To Investing: Am I on the right path?

Welcome, I wish I found this board when I was your age. +1 to retiredjg SAVER CREDIT. Take a look at it. You have up until Tax Day 2017 to make your contribution (up to $5,500) to your IRA. One thing to check into is where your employer 401(k) match is directed. For instance, my employer match buys ...
by jmndu99
Fri Nov 18, 2016 9:49 am
Forum: Investing - Help with Personal Investments
Topic: 100% Total Stock Market portfolio
Replies: 31
Views: 4020

Re: 100% Total Stock Market portfolio

I was 100% equities into my mid-50s (I now need to protect some living expense funds to "bridge" from retirement to start-of-Social-Security), but I have been convinced that some bonds (10% - 20%) is appropriate for nearly everyone based on: 1. Efficient Frontier - better risk adjusted re...
by jmndu99
Thu Nov 17, 2016 3:37 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 267
Views: 19223

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

Hello, I have been reading a book by, yes some advisor who will remain anonymous, (some here may know who this author is) who suggests that as an accumulator one should be DCA'ing into stock mutual funds through both ups and downs of the markets. This author further goes on to say that "making...
by jmndu99
Thu Nov 17, 2016 1:25 pm
Forum: Investing - Theory, News & General
Topic: Diversification Advice
Replies: 10
Views: 913

Re: Diversification Advice

Welcome,
At your age you shouldn't be embarrassed to be fully invested in stocks. You have an emergency fund in cash and bonds.

3 fund portfolio works for you.
by jmndu99
Thu Nov 17, 2016 12:07 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 267
Views: 19223

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

Hello, I have been reading a book by, yes some advisor who will remain anonymous, (some here may know who this author is) who suggests that as an accumulator one should be DCA'ing into stock mutual funds through both ups and downs of the markets. This author further goes on to say that "making ...
by jmndu99
Thu Nov 17, 2016 9:33 am
Forum: Investing - Help with Personal Investments
Topic: 100% Total Stock Market portfolio
Replies: 31
Views: 4020

Re: 100% Total Stock Market portfolio

I was 100% equities into my mid-50s (I now need to protect some living expense funds to "bridge" from retirement to start-of-Social-Security), but I have been convinced that some bonds (10% - 20%) is appropriate for nearly everyone based on: 1. Efficient Frontier - better risk adjusted re...
by jmndu99
Wed Oct 05, 2016 8:00 pm
Forum: Investing - Theory, News & General
Topic: BlackRock Cuts Prices on ETFs
Replies: 62
Views: 5339

Re: BlackRock Cuts Prices on ETFs

Thank you OP for this info. I think I can purchase the ETF'S I need through the brokerage link in my fido 401k

Nice
by jmndu99
Wed Sep 21, 2016 8:26 pm
Forum: Personal Consumer Issues
Topic: My "Corolla Investment" has ended...410,000 [miles]
Replies: 56
Views: 7149

Re: My "Corolla Investment" has ended...410,000 [miles]

Wow,

Congrats. My 2006 dodge was bought used by me and I now have 137,000. I have replaced necessary items. It has been my daily commuter and go on vacation vehicle.

Not many can hold a candle to this one
by jmndu99
Mon Aug 29, 2016 8:29 pm
Forum: Investing - Theory, News & General
Topic: "One Million Market Beaters"
Replies: 1
Views: 844

Re: "One Million Market Beaters"

Thanks for this posting. I absolutely am amused by the authors frequent use of the word bozo. However, things do need to be spelled checked, i.e., "Evert sector had a negative median excess return versus the market." Shouldn't Evert be spelled Every? Typos like this from professionals is r...
by jmndu99
Fri Aug 26, 2016 9:25 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1649
Views: 885215

Re: The Three-Fund Portfolio

Mr. Larimore,

Thank you for keeping this thread updated from time to time so it is at the top of the list.

I for one, am happy to be reminded.

Semper Fi
by jmndu99
Sat Aug 20, 2016 8:27 pm
Forum: Personal Consumer Issues
Topic: What is your system for dealing with coins?
Replies: 123
Views: 8461

Re: What is your system for dealing with coins?

+1 with those who "toss the coins into a jar, bucket, coffee can, whatever" When full I take to the bank auto counter who counts them for free and prints out a receipt. Take to clerk at counter, who deposits the money into my account free. Same day, or soon after, I transfer that money to ...
by jmndu99
Tue Jul 26, 2016 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: VPMAX worth it? [Vanguard PRIMECAP]
Replies: 15
Views: 2219

Re: VPMAX worth it? [Vanguard PRIMECAP]

I have +$50K in Vanguard PRIMECAP Fund Admiral Shares in a inherited 401k that I am not drawing down yet due to using other funds to take RMD. The other funds suck so I am getting out of them ASAP. The question I had was is Vanguard PRIMECAP Fund Admiral Shares still worth investing in? If you deci...
by jmndu99
Sat Jul 16, 2016 6:37 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig: Bonds Aren't as Wretched as They Seem
Replies: 13
Views: 2204

Re: Jason Zweig: Bonds Aren't as Wretched as They Seem

Thank you for posting the article. I am trying to get these bonds things wrapped around my mind
by jmndu99
Fri Jul 15, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: Germany issues 10-year bond with negative yield
Replies: 33
Views: 2909

Re: Germany issues 10-year bond with negative yield

Good afternoon All, 1st. Please excuse my newbie ignorance. I am finally trying to understand bonds 2nd. If I am a buyer of a German 10-year bund with a negative yield, will I essentially be "paying" the German Government to "hold" my money for 10 years. Thank you Remove the quo...
by jmndu99
Fri Jul 15, 2016 5:07 pm
Forum: Investing - Theory, News & General
Topic: Germany issues 10-year bond with negative yield
Replies: 33
Views: 2909

Re: Germany issues 10-year bond with negative yield

Good afternoon All,

1st. Please excuse my newbie ignorance. I am finally trying to understand bonds

2nd. If I am a buyer of a German 10-year bund with a negative yield, will I essentially be "paying" the German Government to "hold" my money for 10 years.

Thank you
by jmndu99
Tue Jul 12, 2016 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy 10 year TIPS at auction in July?
Replies: 29
Views: 2214

Re: Should I buy 10 year TIPS at auction in July?

thank you alex_... and #cruncher
by jmndu99
Mon Jul 11, 2016 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy 10 year TIPS at auction in July?
Replies: 29
Views: 2214

Re: Should I buy 10 year TIPS at auction in July?

Can you explain how you arrive at 1%? I'm sure you're using more precise calculations than back-of-the-envelope estimates; however, and perhaps this is where the "no-arbitrage" is relevant, it does not seem to be what the market actually does. I would like to understand the math behind yo...
by jmndu99
Sat Jul 02, 2016 8:57 pm
Forum: Personal Consumer Issues
Topic: WSJ subscriptions through eBay
Replies: 11
Views: 1810

Re: WSJ subscriptions through eBay

I get my WSJ subscription "free" from local library
by jmndu99
Fri Jul 01, 2016 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1113

Re: after tax 401k contributions?

Does your plan have In-Plan Roth Conversions? Mine allows that option and that is helpful if you can't roll the after-tax funds out for compliance reasons. +1. If you do In-Plan ROTH Conversions you will be subject to a 1099 in the year you do convert, which will subject you to Capital Gain Tax. I ...
by jmndu99
Sun Jun 19, 2016 7:28 am
Forum: Personal Consumer Issues
Topic: Anyone with VA Loan Experience?
Replies: 14
Views: 1508

Re: Anyone with VA Loan Experience?

Hello ThatGuy and others,

Sorry I have not been around to reply to this post.

Thank you all for ALL of the insight. I am not disabled (thankfully).

I am still doing my research/learning as this will be my first home.

Semper Fi and thank you
by jmndu99
Fri Jun 17, 2016 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: 31 y/o help with investing an inheritance
Replies: 24
Views: 2595

Re: 31 y/o help with investing an inheritance

As others said, I think you already have a good investment plan. Here are a few other ideas: 1) Paying off your debt would be an instant return on your investment. Also, depending on the actual amount of the inheritance, using the money to pay off the debt and investing the rest in stocks in a taxa...
by jmndu99
Fri Jun 17, 2016 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique portfolio - 4 years until retirement
Replies: 6
Views: 1475

Re: Please critique portfolio - 4 years until retirement

Hello,

I really cant answer your questions with any confidence, but I can bump your thread for more visibility
by jmndu99
Thu Jun 02, 2016 8:04 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 561682

Re: What Movie Have You Recently Watched?

Money Monster - George Clooney and Julia Roberts on the big screen
by jmndu99
Thu Jun 02, 2016 8:04 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 561682

Re: What Movie Have You Recently Watched?

Money Monster - George Clooney and Julia Roberts on the big screen

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