Search found 4085 matches

by mickeyd
Sun May 01, 2016 3:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 612110

Re: U.S. stocks in freefall

I have only been at this for 3 years since I got my first real job so I have yet to see a real noisy/bad period that has caused me to question my AA, but I know it will come at some point. Going to remember this tip. But you are probably decades ahead of your peers when it comes to investing. Good ...
by mickeyd
Sun May 01, 2016 3:39 pm
Forum: Investing - Theory, News & General
Topic: Company Match and high ERs
Replies: 27
Views: 1186

Re: Company Match and high ERs

The HR guy answered, 'big deal, it's only a quarter percent!' Boy, I couldn't believe it from the HR of a 40,000 employee company.


Amazing!
As Jack Bogle has written many times~ "The relentless rules of humble arithmetic and the tyranny of compounding costs"
by mickeyd
Sat Apr 30, 2016 2:43 pm
Forum: Investing - Theory, News & General
Topic: Company Match and high ERs
Replies: 27
Views: 1186

Re: Company Match and high ERs

the lowest ERs attainable are 1.10.


Yikes! That's giving up a lot. How many VG or FIDO funds are available? Should be able to get VG at 100bps lower than that.
by mickeyd
Thu Apr 28, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: [favorite] Boglehead quotes
Replies: 63
Views: 6473

Re: [favorite] Boglehead quotes

Taylor Larimore wrote: Your Plan reflects a reasoned guess but it is almost certain to be wrong. There is no sense worrying about small deviations from a "guess" that was not correct in the first place.
by mickeyd
Thu Apr 28, 2016 12:20 pm
Forum: Investing - Theory, News & General
Topic: [favorite] Boglehead quotes
Replies: 63
Views: 6473

Re: [favorite] Boglehead quotes

I must have read this someplace here during the last few years.

“THE BEATINGS WILL CONTINUE UNTIL MORALE IMPROVES.”
by mickeyd
Sun Apr 24, 2016 2:31 pm
Forum: Investing - Theory, News & General
Topic: Does Knowledge of Fellow Employees’ Retirement Contributions Encourage Greater Participation?
Replies: 6
Views: 596

Re: Does Knowledge of Fellow Employees’ Retirement Contributions Encourage Greater Participation?

I wonder if there has been any study showing that people contribute more to their retirement accounts if they know what “the other guy” is doing. I no longer work, but when I did, I did not care what my fellow employees did with their 401(k) contributions. I generally knew that I had a better handl...
by mickeyd
Sat Apr 23, 2016 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Financial Plan Provision for Flagship Customers Discontinued?
Replies: 22
Views: 2192

Re: Annual Financial Plan Provision for Flagship Customers Discontinued?

I received a couple of financial plans from VG 8-10 years ago for no cost. Excellent experience. Since then I have simplified myself on my own. I feel that I have no need for a planner at this time since I'm pretty solid in where I need to be financially. When my Flagship rep called me a month ago (...
by mickeyd
Fri Apr 22, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Financial Plan Provision for Flagship Customers Discontinued?
Replies: 22
Views: 2192

Re: Annual Financial Plan Provision for Flagship Customers Discontinued?

OP may have something there. This does not say that you get a free FP, just advice.

Financial advice from a Certified Financial Planner™ (CFP®) professional—anytime. They can help you with specific investment questions or provide ongoing advisory and portfolio management services.
by mickeyd
Tue Apr 19, 2016 4:23 pm
Forum: Personal Consumer Issues
Topic: Toyota Tacoma owners?
Replies: 56
Views: 6443

Re: Toyota Tacoma owners?

If you are in the San Antonio,TX area and want to tour the Tundra/Tacoma plant south of town, it will be worth your time.
by mickeyd
Tue Apr 19, 2016 4:17 pm
Forum: Investing - Theory, News & General
Topic: Wiki home page updated - New features!
Replies: 6
Views: 976

Re: Wiki home page updated - New features!

Beautiful job. Thanks to many Bogleheads that worked to give all of us a better reference tool.
by mickeyd
Thu Apr 14, 2016 3:44 pm
Forum: Investing - Theory, News & General
Topic: Boomers' Retirement Confidence Hits All-Time Low
Replies: 7
Views: 1565

Boomers' Retirement Confidence Hits All-Time Low

Once again my fellow boomers (actually I am a bit older than Boomer age) say that they are a bit short on retirement money. If so, it's too darn late. In the Insured Retirement Institute's latest report on boomers' attitudes toward retirement, just 24% of respondents say they are confident they will...
by mickeyd
Tue Apr 12, 2016 4:14 pm
Forum: Local Chapters and Bogleheads Community
Topic: 50,000 Members
Replies: 26
Views: 2395

Re: 50,000 Members

I'll be checking the mail for my new "One of 50K" tee shirt.
by mickeyd
Tue Apr 12, 2016 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: what's your Withdrawal Rate for this and last year?
Replies: 79
Views: 6405

Re: Retirees: what's your Withdrawal Rate for this and last year?

Been retired 10+ years and WR is zero even though I did take a bunch of RMD money out of my IRA and exchanged it to my taxable account. Thank goodness for pensions and SS.
by mickeyd
Sat Apr 09, 2016 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Another newbie in trouble...
Replies: 14
Views: 2167

Re: Another newbie in trouble...

Hey khoffnamm. Welcome here. Looked up Safe Money Advisors and this jumped out. This indicates that it's just another company trying to sell you a fixed income annuity product. You would be much better off reading a couple of good investment books (they are free @ your library) and do it yourself as...
by mickeyd
Sat Apr 09, 2016 1:02 pm
Forum: Investing - Theory, News & General
Topic: Not Miller Time
Replies: 5
Views: 1445

Not Miller Time

Bill Miller got famous for beating the S&P500 for 15 years in a row with his Legg Mason fund, but his luck ran out again, and again and... I'm sticking with my old boring-as hell collection of Vanguard index funds zzzzzz. What happened after this amazing 15-year stretch? Allan Sloan of Fortune m...
by mickeyd
Sat Apr 02, 2016 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance For Newborn?
Replies: 49
Views: 3087

Re: Life Insurance For Newborn?

does it ever make sense to get life insurance for a newborn?


Only if the infant is the main provider for the family. That is rarely the case.
by mickeyd
Fri Apr 01, 2016 7:54 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 anyone?
Replies: 279
Views: 17760

Re: Tesla Model 3 anyone?

DS forked over $1K to get on the Model 3 list. He's smarter than I am and has yet to buy a fancy car like I did @ age 23. He's over due @ age 35.
by mickeyd
Fri Apr 01, 2016 7:50 pm
Forum: Personal Consumer Issues
Topic: Do you pay for yardwork?
Replies: 61
Views: 5411

Re: Do you pay for yardwork?

I'm a DIY guy when it comes to yard work, investing, and making Mrs. mickeyd smile on a regular basis.
by mickeyd
Thu Mar 31, 2016 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: i need dental insurance company
Replies: 7
Views: 486

Re: i need dental insurance company

Dental insurance is not insurance. It is a prepaid dental plan. Only the insurance company and the agent will come out on top most of the time.

Pay as you go on this risk.
by mickeyd
Thu Mar 31, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Losing Money in Roth IRA
Replies: 10
Views: 1153

Re: Losing Money in Roth IRA

Like most of us, OP is learning what the definition of "long term" is.

Hang it there. Your account will be huge at the end of the ride. 8-)
by mickeyd
Sun Mar 27, 2016 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: The Urge to Splurge with Plastic NYT article
Replies: 30
Views: 2651

Re: The Urge to Splurge with Plastic NYT article

Evidently attendance at MIT does not insure that the MBA student is blessed with common sense.
by mickeyd
Sun Mar 20, 2016 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Moving ing/voya now annuity
Replies: 2
Views: 337

Re: Moving ing/voya now annuity

I agree with the above. After 8 years you probably have no surrender fee, but check the annuity contract to be sure. If there is no penalty, contact Vanguard and begin the paperwork to get it done. Re: Voya GoldenSelect Landmark I had to laugh at this name. When I was in the LI biz we used to chuckl...
by mickeyd
Sun Mar 20, 2016 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirees - What triggered you to retire?
Replies: 96
Views: 9911

Re: Early Retirees - What triggered you to retire?

My J*b retired before I intended to. After a search that quickly indicated that no one was going to pay me what I thought I was worth, I reviewed my investment accounts. After some simple arithmetic ("relentless rules of humble arithmetic" as Jake Bogle puts it), I was convinced that I had...
by mickeyd
Sun Mar 20, 2016 12:44 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 153
Views: 56581

Re: A time to EVALUATE your jitters

Here we are once again.

Financial crisis is averted and the S&P500 is back to where it started in January. All hair fires seem to have been extinguished.

Next topic, "What's your favorite color?"
by mickeyd
Sat Mar 19, 2016 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: VG Core Bond Fund
Replies: 5
Views: 469

Re: VG Core Bond Fund

Another managed bond fund.
by mickeyd
Mon Mar 14, 2016 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Late starters: what age did you start investing?
Replies: 94
Views: 11455

Re: Late starters: what age did you start investing?

It depends what you mean by "investing". When I was age 6-7 I saved up my scrounged cash and when the total hit $18.75 I gave it to Mom and she "invested it" for me in a $25 US Savings Bond. I repeated this many times. Later I discovered that World Savings paid 5.5%, so I cashed ...
by mickeyd
Mon Mar 14, 2016 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Where to buy AD&D insurance after retirement?
Replies: 13
Views: 1054

Re: Where to buy AD&D insurance after retirement?

it's more frequent for people to become disabled instead of getting killed in an accident.


It is? What additional exposure do loafers like me have that wor*ing stiffs don't have?
by mickeyd
Mon Mar 14, 2016 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on groceries?
Replies: 134
Views: 11470

Re: How much do you spend on groceries?

Yet another 4YO post is reborn.

We spend whatever we want to spend, including adult bevs.
by mickeyd
Sat Mar 12, 2016 3:58 pm
Forum: Investing - Theory, News & General
Topic: "Monitor Your Portfolio Once This Year, Then Ignore It"
Replies: 53
Views: 6605

Re: "Monitor Your Portfolio Once This Year, Then Ignore It"

I am not currently a peeker. Don't believe that I have ever been one. I do notice the daily activities of the S&P500 and do a mental game and compare it to my 50/50 AA. My quarterly VG statements are delivered via USPS and I do take a glance at the totals and am seldom shocked by the numbers. I ...
by mickeyd
Sun Mar 06, 2016 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Any Turbo Tax Deluxe or Premum deals out there?
Replies: 20
Views: 1707

Re: Any Turbo Tax Deluxe or Premum deals out there?

The USAA website has a deal that has free TT for active duty/reserves and 20% off for the rest.
by mickeyd
Sun Mar 06, 2016 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Time to drop comprehensive and collision?
Replies: 24
Views: 2481

Re: Time to drop comprehensive and collision?

After 3-4 years I cancel the collision but continue the comp. I think comp cost me about $20/6 month period on each car.
by mickeyd
Sat Mar 05, 2016 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant costs
Replies: 18
Views: 1341

Re: Accountant costs

Another vote for Turbo Tax Premier. EZ to use and cost effective. Why waste $500?
by mickeyd
Sat Mar 05, 2016 2:29 pm
Forum: Investing - Theory, News & General
Topic: Fiduciary Standard - Now open for public comments
Replies: 29
Views: 3024

Re: Ransey, Orman, Cramer may have to get new jobs

Misspelled Ramsey. Can't seem to correct it.
by mickeyd
Sat Mar 05, 2016 2:26 pm
Forum: Investing - Theory, News & General
Topic: Fiduciary Standard - Now open for public comments
Replies: 29
Views: 3024

Ramsey, Orman, Cramer may have to get new jobs

[Thread merged into here, see below. -admin LadyGeek] Interesting take on the proposed fiduciary rule. Who will entertain us if they go? Experts both for and against the rule I have talked to agree its broad reach could extend to financial media personalities who offer tips to individual audience m...
by mickeyd
Sat Mar 05, 2016 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Which actively managed funds will outperform TSM (US) over the next 20 years?
Replies: 15
Views: 1398

Re: Which actively managed funds will outperform TSM (US) over the next 20 years?

A bit surprised that more investors have not expressed an opinion on the question posed. Maybe an indication of the triumph of Jack Bogle's investment methodology.


Maybe because it's been discussed here a thousand times and the answer is always the same. TSM usually wins.
by mickeyd
Sat Mar 05, 2016 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 327
Views: 38079

Re: Vanguard TurboTax - Not Available 2015?

I noticed yesterday that USAA was offering TT to active duty/reserve members for free and others got a 20% discount. Not as good as last year's VG offer but much better than this year's VG offer. Active-Duty Members Free Special and Limited Time Offer: Free TurboTax Deluxe Federal See note 3 USAA ac...
by mickeyd
Fri Mar 04, 2016 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Sell a high-cost mutual fund at a loss to jump into low-cost mutual funds in 401k?
Replies: 3
Views: 313

Re: Sell a high-cost mutual fund at a loss to jump into low-cost mutual funds in 401k?

Should I wait until I break even/make a profit before selling/reallocating or should I just sell now into the previously mentioned model? You are trying to time the market, which is generally a losers game. Find an index fund that has the lowest ER and go for it. BTW, if you do not have an IRA or R...
by mickeyd
Fri Mar 04, 2016 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Which actively managed funds will outperform TSM (US) over the next 20 years?
Replies: 15
Views: 1398

Re: Which actively managed funds will outperform TSM (US) over the next 20 years?

No actively managed US stock fund will have a greater total return than the VG TSM fund over the next 20 years. In fact, most of them will no longer be around 20 years from now.

Contact me in 2036 and we'll discuss it if I'm wrong.
by mickeyd
Wed Mar 02, 2016 8:33 pm
Forum: Personal Consumer Issues
Topic: Meaning of term "Board Certified Physician"?
Replies: 38
Views: 3938

Re: Meaning of term "Board Certified Physician"?

Re: Meaning of term "Board Certified Physician"?


So it has nothing to do with water boarding? :confused
by mickeyd
Tue Mar 01, 2016 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard brokerage
Replies: 21
Views: 966

Re: Vanguard brokerage

scooter wrote:I have used vanguard for all my mutual funds and was looking to buy one stock.

Would a Vanguard brokerage account be a good choice for service, cost and ease of transfer.


We opened a VBS account last fall and were given 25 free trades. Free is good.
by mickeyd
Tue Mar 01, 2016 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Does everyone really need to save $1 million for retirement?
Replies: 225
Views: 28782

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

The Wizard wrote:It's not the 1970s anymore; a Million isn't what it used to be...


AS LBJ once said "A million here, a million there... before long yer talkin' about real money."
by mickeyd
Wed Feb 24, 2016 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Accounts
Replies: 66
Views: 5103

Re: Bank Accounts

My checking is with USAA as well as a small savings account as a back up in case I need it. Since USAA pays lousy APY on savings, I do not stash much there. My main short-term savings is with Ally (1% APY). I transfer money back and forth between them with ease.
by mickeyd
Tue Feb 23, 2016 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: End of debit cards for me
Replies: 128
Views: 10176

Re: End of debit cards for me

dodecahedron wrote:
mickeyd wrote:
why do you ever pull out your debit card?


If a store offers a 5% discount w/dc use, it may be difficult to pass up the bonus.


I don't know of any such stores around here. Curious about what type of stores offer this deal near you?



Spec's Liquor store.
by mickeyd
Sun Feb 21, 2016 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: End of debit cards for me
Replies: 128
Views: 10176

Re: End of debit cards for me

why do you ever pull out your debit card?


If a store offers a 5% discount w/dc use, it may be difficult to pass up the bonus.
by mickeyd
Sat Feb 20, 2016 2:32 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle: Don't Panic About Market Volatility
Replies: 12
Views: 2862

Re: Jack Bogle: Don't Panic About Market Volatility

Thanks Mel.

Stay the course fits in here someplace doesn't it?

I've been through three of them as well as 30 corrections, counting those three. So I know a little bit of what it is about,” he said.

“And the basic idea is don't panic,
by mickeyd
Sat Feb 20, 2016 2:08 pm
Forum: Investing - Theory, News & General
Topic: Madoff--Ponzi Scheme
Replies: 37
Views: 4314

Re: Madoff--Ponzi Scheme

I recently saw this movie on TV which I thought captured the "Madoff Situation" pretty well. Old lesson to be learned~ "If it looks to good to be true, it probably is." It is an excellent film with great insight into how easily thousands of investors were scammed for decades as l...
by mickeyd
Sat Feb 20, 2016 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: End of debit cards for me
Replies: 128
Views: 10176

Re: End of debit cards for me

Since we use our CC for all purchases, I don't make Debit card purchases. Only use the card for an occasional visit to the ATM.

One exception ~ My favorite liquor store (Spec's) gives up a 5% discount for Debit card use.
by mickeyd
Sat Feb 20, 2016 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Another question on increasing Social Security
Replies: 18
Views: 1685

Re: Another question on increasing Social Security

Since BIL is unemployed (assume $0 income) a SS check of $900/month would be wonderful, wouldn't it? Not everyone can benefit from all of the wonderful SS benefit manipulations that many of us have been able to take advantage of.

Another example of how flexible SS is.
by mickeyd
Sat Feb 20, 2016 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B
Replies: 36
Views: 2073

Re: Medicare Part B

Yes, they have Cobra. I didn't get the 60 day option. That is perfect!


If I'm not mistaken, ERISA law requires that you receive written notification of this right. If you have not received this, your ex employer is in violation of federal law and large fines.
by mickeyd
Tue Feb 16, 2016 4:07 pm
Forum: Investing - Theory, News & General
Topic: Certificate of deposit vs. short-term bond fund
Replies: 30
Views: 2955

Re: Certificate of deposit vs. short-term bond fund

I have always liked the STB fund. I currently split my cash equivalents between my Ally online act, STB fund and a 30mo/2.5% CD at NFCU. The funds are not evenly distributed. I guess I'm trying to capture the best of all worlds without getting too darn complex.

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