Search found 4031 matches

by mickeyd
Sun Feb 07, 2016 5:12 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Brokerage Services] 1099Bs Issued at the End of Feb
Replies: 25
Views: 1554

Re: [Vanguard Brokerage Services] 1099Bs Issued at the End of Feb

Are there some of you that didn't convert? If so are there any adverse issues?


I have received several "offers" to convert. Since I am OK with the current set up, I continue to decline.
by mickeyd
Sat Feb 06, 2016 5:15 pm
Forum: Investing - Theory, News & General
Topic: Stock Allocation in Retirement
Replies: 10
Views: 1060

Re: Stock Allocation in Retirement

One shows your current asset allocation and one shows what Vanguard’s algorithm (based solely on your age) thinks that allocation should be.


I don't believe that this is correct.
by mickeyd
Sat Feb 06, 2016 5:00 pm
Forum: Investing - Theory, News & General
Topic: If SS covers expenses why invest?
Replies: 64
Views: 4336

Re: If SS covers expenses why invest?

DW and I pay all of our expenses out of SS and pensions and have a nice chunk left over each month. Since we do not have a long-term care policy, the rest is stashed into savings to cover that risk and other unknowns. If we end up not needing it, we plan on having a big blow-out at our 100th BD party.
by mickeyd
Sat Feb 06, 2016 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: 1099B not coming till end of Feb but need info now
Replies: 21
Views: 1332

Re: 1099B not coming till end of Feb but need info now

Hi Mark,

Does it require the 2015 return or the most recent return? If the 2015 return is required, there will be thousands of folks in the same boat. If most recent return, send in 2014. Is there not an 800# to call on this? Seems like this would be a common problem.
by mickeyd
Sat Feb 06, 2016 4:31 pm
Forum: Investing - Theory, News & General
Topic: "John Bogle Dismisses Index Fund 'Danger'"
Replies: 12
Views: 3080

Re: "John Bogle Dismisses Index Fund 'Danger'"

Quote of the day~

"Pshaw!"
by mickeyd
Sat Feb 06, 2016 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: What percentage of your expenses are covered by SS and/or pensions
Replies: 84
Views: 5076

Re: Retirees: What percentage of your expenses are covered by SS and/or pensions

Between DW and I we have we are fortunate enough to receive income from 4 pensions in addition to SS for each of us monthly. Those income streams are enough to pay for all of our basic living expenses with enough left over to stash away for future expenses or travel.
by mickeyd
Sun Jan 31, 2016 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Short-Term Fund, Thoughts Wanted
Replies: 11
Views: 957

Re: Short-Term Fund, Thoughts Wanted

Any insight as to the pros (if any) and cons to using a fund to replace a savings account would be great. My cash reserves are split between most in the Ally online account, a CD @ NFCU and rest in the VG STB fund. I have often tapped the Ally account for needed cash over the years, but have never ...
by mickeyd
Sun Jan 31, 2016 2:47 pm
Forum: Investing - Theory, News & General
Topic: bond funds
Replies: 9
Views: 1041

Re: bond funds

hey Ted, Welcome here. I own the STB fund in my taxable account and the Intermediate-term bond fund in my tax favored accounts. I'm taking a bite of each apple and will know after about 30 years if this is the correct strategy. I'm 10 years into my plan now. I'll report back in about 20 years as to ...
by mickeyd
Sun Jan 31, 2016 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Two comma club member? Do I need 2 million in savings?
Replies: 8
Views: 1811

Re: Two comma club member? Do I need 2 million in savings?

Anyway, we now have more than a million saved, so we are in.


My interpretation of the millionaire club rules say that since there are two of you, you need $2 million for full club membership. However, $1,000,000 means that you are halfway there.
by mickeyd
Sun Jan 31, 2016 2:33 pm
Forum: Personal Consumer Issues
Topic: Buy a TV Warranty?
Replies: 32
Views: 1624

Re: Buy a TV Warranty?

Buying a quality product from a reputable dealer is your best warranty.

Don't give them a 2nd chance to get back into your wallet.
by mickeyd
Sat Jan 30, 2016 8:56 pm
Forum: Forum Issues and Administration
Topic: BOGLEHEADS.COM AND BOGLEHEADS.NET
Replies: 51
Views: 4594

Re: BOGLEHEADS.COM AND BOGLEHEADS.NET

As long as this stuff is not "labeled" Top Secret, it seems to be a go!
by mickeyd
Sat Jan 23, 2016 2:11 pm
Forum: Investing - Theory, News & General
Topic: What was the 2000 crash like in real time?
Replies: 65
Views: 5378

Re: What was the 2000 crash like in real time?

Can individual investors even index online back then?


Not sure what this means. Can you reword it?
by mickeyd
Wed Jan 20, 2016 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones or Vanguard?
Replies: 53
Views: 4582

Re: Edward Jones or Vanguard?

I had several cold calls from a Fidelity employee trying to get me to purchase an equity indexed annuity.


Don't you usually get a free meal at a local steakhouse for that?
by mickeyd
Wed Jan 20, 2016 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones or Vanguard?
Replies: 53
Views: 4582

Re: Edward Jones or Vanguard?

RUN, don't walk, from Edward Jones. This would be my advice if the OP was talking about his own account. Since it is the MIL's account, problems could crop up . I had my late father switch from John Hancock to Vanguard right before the dot com tech crash. He got frustrated a bailed out at the botto...
by mickeyd
Wed Jan 20, 2016 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: MM vs CD vs Savings
Replies: 14
Views: 660

Re: MM vs CD vs Savings

With a one year time horizon OP has very limited choices. The Ally suggestion (all in one account @ 1%) is as good as any others. Ally may increase the APY of that account and you benefit by that.

Keep it simple.
by mickeyd
Wed Jan 20, 2016 2:53 pm
Forum: Investing - Theory, News & General
Topic: [CNBC interview:] Investing legend Jack Bogle: 'Stay the course'
Replies: 13
Views: 2244

Re: Does Mr. Bogle get tired of saying "Stay the Course"?

I caught it earlier also. Always good to see MR. B on any TV show. The big item that I took away was this was "One thing that I look at is yield chart. 100 year average yield on 50/50 portfolio is 4%. Today yield is about 2%. If you look at present Real yield it's 1% and LT yield is also 1%. Th...
by mickeyd
Mon Jan 18, 2016 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Which type of CCRC?
Replies: 14
Views: 1063

Re: Which type of CCRC?

but are not guaranteed to be admitted. If the facility is full, even if they are non-residents, they can not be "kicked out" to admit a resident. Thanks for that riley42. Can you expand on that? We are looking for "guarantee" that means "guarantee." Gives me another Q ...
by mickeyd
Mon Jan 18, 2016 6:57 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Special Certificate Offering
Replies: 59
Views: 6416

Re: Navy Federal CU Special Certificate Offering

Why are money market accounts second class citizens in general?


I wonder if it has anything to do with MMA being able to write a check?
by mickeyd
Mon Jan 18, 2016 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting Help Simplifying RMDs
Replies: 15
Views: 785

Re: Requesting Help Simplifying RMDs

I activated my RMD in 2015 for the first time. It could not have been easier. Online I exchanged (from TSM) my TIRA funds (less taxes) to our joint STB fund where we are accumulating funds for a future project. It took less than 5 minutes. If I was not saving up for this project, I would have exchan...
by mickeyd
Mon Jan 18, 2016 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Which type of CCRC?
Replies: 14
Views: 1063

Re: Which type of CCRC?

We have looked at several CCRCs in the area and are taking a serious look at one that has apartment and "garden type" ranch homes as independent living options. The Entrance Fee (non-refundable after 3.5 yrs) varies by type of residence and square footage. The Monthly fee also varies by ty...
by mickeyd
Sun Jan 17, 2016 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: $0 payment credit cards & credit score
Replies: 14
Views: 818

Re: $0 payment credit cards & credit score

Anything else I should know?


Why are you playing this CC game?
by mickeyd
Sun Jan 17, 2016 2:17 pm
Forum: Investing - Theory, News & General
Topic: Mount Rushmore of Investing
Replies: 31
Views: 3584

Re: Mount Rushmore of Investing

Dave Ramsey, Suze Orman...just kidding :D
by mickeyd
Sat Jan 16, 2016 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: VTSMX vs. VTSAX
Replies: 28
Views: 1679

Re: VTSMX vs. VTSAX

Hi new,
I always thought that I would be taxed additionally for the contributions.


Never mention that again.

You may give the IRS an idea, which could become law. 8-)
by mickeyd
Sat Jan 16, 2016 3:32 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 134
Views: 47061

Re: A time to EVALUATE your jitters

Quote from above link Warren Buffett is probably the most highly regarded investor of our era. Read his statements carefully regarding efforts to time the market: •“Inactivity strikes us as intelligent behavior.” •“The only value of stock forecasters is to make fortune-tellers look good.” •“We conti...
by mickeyd
Sat Jan 16, 2016 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 319
Views: 30340

Re: Vanguard TurboTax - Not Available 2015?

I've been using VG free TT for many years but that option is now gone, so I spent $54 @ Amazon to get the Premier level.
by mickeyd
Sat Jan 16, 2016 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Would Vanguard Buy A Robo Firm? Possibly
Replies: 0
Views: 248

Would Vanguard Buy A Robo Firm? Possibly

I found this informative and did not see that it had already been posted. Tom Rampulla, who returned from Europe to become the new head of Vanguard Financial Advisor Services, is quick to point out that Vanguard doesn't see its digital offering as a replacement or competition for its advisors. But i...
by mickeyd
Sat Jan 16, 2016 1:40 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 427
Views: 169964

Re: TV show recommendations?

Season #2 of "Better call Saul" begins Monday 2/15. I liked season one.
by mickeyd
Sat Jan 16, 2016 1:04 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Special Certificate Offering
Replies: 59
Views: 6416

Re: Navy Federal CU Special Certificate Offering

Anyone know what the penalty is for early withdrawl?



According to my disclosure statement on the back of the paperwork under "penalties for early w/d", 180 days is the penalty.
by mickeyd
Tue Jan 12, 2016 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: USAA $300 Bonus for new checking acct
Replies: 5
Views: 971

Re: USAA $300 Bonus for new checking acct

$300 is a nice get. USAA seldom offers that kind of deal. I have had a USAA checking account for about 30 years and never got a bonus. Count yourself fortunate.
by mickeyd
Tue Jan 12, 2016 1:16 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 134
Views: 47061

Re: A time to EVALUATE your jitters

I recall reading and responding to Nisi's post of over 4 years ago. The post is timeless and as accurate today as then and will be accurate 4+ years from now.

If you have not done so, it's a keeper. :moneybag
by mickeyd
Sat Jan 09, 2016 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: I just lost $200,000 last week. Please help me.
Replies: 82
Views: 13849

Re: I just lost $200,000 last week. Please help me.

Welcome here sunlinkle, Would love to get some general advice from the forum One key investment aspect that you failed to consider is to never invest in anything (stocks?) that you do not fully understand. Another is, few investors can successfully time the market. You appear to have violated both a...
by mickeyd
Thu Jan 07, 2016 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 83
Views: 5836

Re: Vanguard Customer Service

sawhorse wrote:
mickeyd wrote:When our Flagship CSR advised us of a "small fee" I assumed small would be a larger number. Had no idea that it would cost me a total of less than $1.

This fee is not determined by Vanguard but rather by the SEC. You'd get the same fee at another brokerage.


I'm aware.
by mickeyd
Thu Jan 07, 2016 2:12 pm
Forum: Personal Consumer Issues
Topic: Jackpot Now Estimated $700 Million, who's in?
Replies: 149
Views: 5696

Re: Jackpot Now Estimated $700 Million, who's in?

Run off with the mailman into the sunset?


Yikes. She is still gone and the mail has not arrived yet...
by mickeyd
Thu Jan 07, 2016 1:49 pm
Forum: Personal Consumer Issues
Topic: Jackpot Now Estimated $700 Million, who's in?
Replies: 149
Views: 5696

Re: Jackpot Now Estimated $700 Million, who's in?

DW says that she invested $2 in self taxation, err lotto ticket, yesterday. She did not advise me if she won anything or not. She just drove off "to run some errands". Wonder how that will factor out if she won some $ ?
by mickeyd
Wed Jan 06, 2016 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard, conversion to Federal MM for settlement account
Replies: 2
Views: 322

Re: Vanguard, conversion to Federal MM for settlement account

VG sent me a letter regarding this change a few months ago. I'm going to just sit on the PMMF until VG makes the change in my sweep account. Don't see how it will affect me much.
by mickeyd
Wed Jan 06, 2016 2:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Attracts Record Flows in 2015
Replies: 26
Views: 2308

Re: Vanguard Attracts Record Flows in 2015

It would be interesting to know how many retired financial advisors invest in index funds. I'll bet it's most of them
by mickeyd
Wed Jan 06, 2016 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 83
Views: 5836

Re: Vanguard Customer Service

We opened up a VG brokerage account several months ago thru our Flagship rep due to an inheritance of individual shares of stock. I was advised that we would get 25 free trades (not sure why). I also was advised that we would incur a small securities transaction fee each time we traded. I knew that ...
by mickeyd
Tue Jan 05, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 83
Views: 5836

Re: Vanguard Customer Service

My Flagship CS experiences compare favorably with my USAA CS experiences. Both have been cordial, timely and accurate. Which is all that I demand.
by mickeyd
Tue Jan 05, 2016 2:12 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2016 BOGLEHEAD CONTEST
Replies: 646
Views: 14452

Re: REGISTRATION FOR THE 2016 BOGLEHEAD CONTEST

I always assume a 5% increase each year. This assures me of a place in the top 1000 list at the end of the year.

2146.14
by mickeyd
Tue Jan 05, 2016 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: RMD Question:
Replies: 10
Views: 831

Re: RMD Question:

Hey Tim, OP is kinda hard for me to understand so I will not comment on specifics. I have found that simplicity has been a great benefit to me since RMD started for me last year. By only having 3 different funds in my IRA it has been easy to determine which fund(s) to tap for RMD. In my case I took ...
by mickeyd
Tue Dec 29, 2015 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: How should my daughter invest a $250,000 nest egg?
Replies: 11
Views: 2970

Re: How should my daughter invest a $250,000 nest egg?

Hey Peter,


unclear when and in what amounts the money will be needed


Until this is made more clear, MMF or online savings would be my choice.
by mickeyd
Sat Dec 26, 2015 3:07 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Shirt
Replies: 14
Views: 1709

Re: Boglehead Shirt

Does it read "stay the course" on the back?
by mickeyd
Sat Dec 26, 2015 2:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You
Replies: 60
Views: 4822

Re: My Christmas Gift to You

A holiday present for you all. Enjoy.

https://www.youtube.com/embed/-cKE8pyfcZc
by mickeyd
Sat Dec 26, 2015 2:18 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Bogle's bond portfolio advice?
Replies: 40
Views: 3935

Re: Thoughts on Bogle's bond portfolio advice?

Mr. Bogle's AA is what is best for Jack Bogle and family.

We should follow the AA that is best for our situation, not Jack's.
by mickeyd
Sat Dec 26, 2015 2:03 pm
Forum: Investing - Theory, News & General
Topic: TIPS Fund is Getting Hammered!
Replies: 71
Views: 8466

Re: TIPS Fund is Getting Hammered!

I learned a lot about hammers at this place a few years ago.

Even bought a tee shirt~ "I got hammered in Haines Alaska."

http://www.hammermuseum.org/
by mickeyd
Thu Dec 24, 2015 2:28 pm
Forum: Investing - Theory, News & General
Topic: The Contest~a "Push" for 2015?
Replies: 22
Views: 1982

The Contest~a "Push" for 2015?

Last year the S&P 500 ended the year @ 2058.90. The S&P 500 closed today @ 2060.99.

Unless there is a flurry of activity next week, we are looking at a tiny change for the year.

Stay the Course.
by mickeyd
Thu Dec 24, 2015 2:10 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You
Replies: 60
Views: 4822

Re: My Christmas Gift to You

Thank you for your service to Bogleheads and all other Americans Taylor.

Merry Christmas.
by mickeyd
Thu Dec 24, 2015 2:05 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Bogle's bond portfolio advice?
Replies: 40
Views: 3935

Re: Thoughts on Bogle's bond portfolio advice?

Long ago I chose the Intermediate-Term bond fund as my FI fund rather than the TBM fund. I like the mix of government and corporate and lack of GNMA bonds.

It's been a happy alliance so far.
by mickeyd
Thu Dec 24, 2015 12:56 pm
Forum: Investing - Theory, News & General
Topic: Malkiel's recommendations, 1990 to 2015
Replies: 45
Views: 5635

Re: Malkiel's recommendations, 1990 to 2015

There is more than one road to Dublin.


All that I did was select my AA years ago. Tweaked it a few times along the way. Continue to stay the course.

It's too simple to write a book about. That's my way to Dublin.
by mickeyd
Thu Dec 24, 2015 12:45 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle: Never play a loser's game
Replies: 2
Views: 970

Re: Jack Bogle: Never play a loser's game

Thanks Mel,

Merry Christmas.

Words to invest by.

Winning the loser's game is about being consistent, avoiding mistakes and lowering the cost of investing, all lessons Bogle taught at Vanguard and Ellis absorbed in his years of running the Yale endowment.

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