Search found 4346 matches

by mickeyd
Thu Jul 20, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: My favorite CNBC program
Replies: 31
Views: 2658

Re: My favorite CNBC program

The Profit.

Ml is a great taskmaster..."I'm 100% in charge."
by mickeyd
Wed Jul 19, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 71
Views: 8411

Re: % bogleheads of overall population

The trick is to listen and digest all of this info on the site, while "staying the course". There are many opportunities here with the Boglehead world to tinker a bit too much


You got it. Welcome here retiringwhen.
by mickeyd
Sun Jul 16, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 RMD Timing
Replies: 33
Views: 2330

Re: 2017 RMD Timing

Been taking RMD for a few years and generally think that taking it in December is best. Last year about this time the equity market was near the all-time high so I decided to take 50% of my RMD and 50% later on. Later on TSM price was still higher. This year (now) S&P500 is again at all-time hig...
by mickeyd
Sun Jul 16, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Index Fund vs SP 500
Replies: 25
Views: 2391

Re: Total Stock Index Fund vs SP 500

indexonlyplease wrote:I understand that the total index fund and SP500 returns are really close.

Question: lf the large companies in the SP 500 are down for the next 10 years and the mid and small caps are up for the next 10, does this mean the total stock index with have a better return the the SP 500????


It depends.
by mickeyd
Sun Jul 16, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 71
Views: 8411

Re: % bogleheads of overall population

The average # of unique visitors per day


Who qualifies as a unique visitor Mel?
by mickeyd
Sat Jul 15, 2017 2:00 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 71
Views: 8411

Re: % bogleheads of overall population

I am sure that there are hundreds of thousands of our fellow citizens that have a Boglehead sense about them, but have not been shown the way here. Remember, at one time none of us were BHs, but still had a sense that investing by using low-cost funds like VG just made sense. It's still a # <1% of t...
by mickeyd
Sat Jul 15, 2017 1:40 pm
Forum: Investing - Theory, News & General
Topic: 50% Cash, 50% Stocks: The Opportunistic Portfolio
Replies: 43
Views: 4079

Re: 50% Cash, 50% Stocks: The Opportunistic Portfolio

About 5 years ago I stumbled into my current AA of 45/45/10. It's been a very smooth ride for us since we are backed up by DB plans that provide income streams that pay all of our monthly expenses. At one time I was 95/5 and was happy in my ignorance of what risk really was.

Fun with numbers...
by mickeyd
Wed Jul 12, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - Savings Account Rate Increased!
Replies: 84
Views: 11685

Re: Ally Bank - Savings Account Rate Increased!

I try to keep between $5,000 and $10,000 in checking to cover routine and not so routine travel expenses


That seems unnecessary. If you charge everything to your CC, you can stash that $10K in your Ally account and have them exchange it to your checking account w/i a couple of days as needed.
by mickeyd
Sat Jul 08, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Illinois Partial Year tax increase
Replies: 17
Views: 2066

Re: Illinois Partial Year tax increase

Illinois just passed a tax increase from 3.75% to 4.95% retroactive to July 1st.


If you can escape quickly, there is still room in Texas for a few more of you.
by mickeyd
Sat Jul 08, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 11376

Re: "Bond wipeout has just begun"???

1. Select an AA that fits your needs.
2. Stay the course.

Any questions? Refer them to Jack Bogle.
by mickeyd
Sat Jul 08, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Ally 11 month no penalty CD
Replies: 7
Views: 868

Re: Ally 11 month no penalty CD

I moved a bunch from Ally online to this CD. No brainer.
by mickeyd
Wed Jun 28, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Any Reason to Stay With USAA?
Replies: 21
Views: 1576

Re: Any Reason to Stay With USAA?

I have been a USAA member for almost 50 years (HO/Auto) but I no longer invest with them. I moved it all to Vanguard years ago. No brainer.
by mickeyd
Wed Jun 28, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: Retiree in need of new FA
Replies: 3
Views: 547

Retiree in need of new FA

Tim Duncan (#21 SA Spurs) finally gets his day in court. Judge suggests an alternate investment scheme. Simplicity often works. I"n good-old 20/20 hindsight, if Mr. Duncan had taken the $24 million and bought a government bond at 2 or 3 percent interest, he’d still have the $24 million and...he...
by mickeyd
Tue Jun 27, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: New military officer. Is the Roth TSP the obvious choice?
Replies: 20
Views: 1605

Re: New military officer. Is the Roth TSP the obvious choice?

I am familiar with a number of medical-related MOS officers who began as field grade officers. I once served in a unit that had a direct commissioned colonel (O-6) as commander. Good soldier. Good doc.
by mickeyd
Sun Jun 25, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 6586

Re: Your Favorite Vanguard Fund

TSM...
by mickeyd
Sun Jun 25, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: New military officer. Is the Roth TSP the obvious choice?
Replies: 20
Views: 1605

Re: New military officer. Is the Roth TSP the obvious choice?

Affirmative...Roth TSP.

Thanks for your service.
by mickeyd
Sat Jun 24, 2017 12:29 pm
Forum: Personal Consumer Issues
Topic: Bay Area housing
Replies: 69
Views: 5777

Re: Bay Area housing

I live in the Bay Area


There are a lot of bays is this country. What bay are you referring to?
by mickeyd
Sat Jun 17, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Account Advice
Replies: 8
Views: 914

Re: Retirement Account Advice

I picked 5% money market just in case of a great depression I might still have something


You might consider moving that Federal MMF cash to the Prime MMF. The PMMF had a 1.01% 7 day yield the last I checked.
by mickeyd
Sun Jun 11, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to leave Matson Money?
Replies: 7
Views: 872

Re: How to leave Matson Money?

My FA is a 'friend' so that is a whole other issue I will have to deal with


Don't worry about that. It's your money isn't it?
by mickeyd
Wed Jun 07, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 7310

Re: Dave Ramsey Financial Peace University ??? worth it?

You can probably learn more about financial matters by just reading most BH posts. Save your money and invest the rest for your future.
by mickeyd
Wed Jun 07, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put cash for ST needs?
Replies: 17
Views: 1337

Re: Where to put cash for ST needs?

The last time that I checked the PMMF had a 7day yield of 0.98%. Probably on the rise also. But, no FDIC coverage.
by mickeyd
Sun May 28, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground
Replies: 52
Views: 7872

Vanguard's Irritating Perch On Moral High Ground

[Thread merged into here, see below. --admin LadyGeek] Interesting insight into Vanguard and it's corporate strategy situation. This is why many of us are on board. There isn’t anything really unusual about Vanguard. If you’ve ever taken a business strategy course, it’s just a low-cost producer, no...
by mickeyd
Sat May 27, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: How many investment companies to have money in?
Replies: 41
Views: 3567

Re: How many investment companies to have money in?

what's the harm in having 2-3 statements instead of one at the end of the year, for the benefit of "diversification?" Life is full of risks that we all need to address in our own way. Why not 5-6 statements? Why not 10? Just have enough cash available elsewhere to get you over any bump in...
by mickeyd
Fri May 26, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: How many investment companies to have money in?
Replies: 41
Views: 3567

Re: How many investment companies to have money in?

I have all of my invested funds @ Vanguard.

Simplicity.
by mickeyd
Fri May 26, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???
Replies: 52
Views: 3405

Re: SECOND THOUGHTS on Whole Life Insurance <1 Year into it - ADVICE???

Does this seem like a good financial plan?


Probably is a good financial deal for your insurance agent. For you? Not so good. Your choice.
by mickeyd
Sun May 14, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: How much to tip movers?
Replies: 44
Views: 3737

Re: How much to tip movers?

I have moved a half-dozen times and don't recall if I ever tipped on any of those moves. I probably have one more move in me. Should I tip before, after or both ends for my next move?
by mickeyd
Sat May 13, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's safest all-equity fund
Replies: 59
Views: 5497

Re: Vanguard's safest all-equity fund

I don't know about "safest." We all have our own definition, I think. There is always risk involved with equities. It's the nature of the beast. The Total Stock Market Index (TSM) fund includes about 4000 stocks. That's my choice for reasons too many to list here. It regularly beats 75%+ o...
by mickeyd
Thu May 11, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's ELP's pay him to not understand investment fees
Replies: 24
Views: 2633

Re: Dave Ramsey's ELP's pay him to not understand investment fees

He says that you can expect a 12% return from an all stock portfolio tilted heavily towards growth.

He says that an 8% withdrawal rate is safe for retirees.


I have been surprised that someone does not sue Dave. Yea, I know...free speech etc. 8-)
by mickeyd
Sun May 07, 2017 3:18 pm
Forum: Investing - Theory, News & General
Topic: PMMF 2% FEE~Possible
Replies: 2
Views: 316

PMMF 2% FEE~Possible

I read the following regarding PMMF in the 2/28/2017 Semiannual Report. "A fee of up to 2% may be imposed by the fund board on the sale of shares if the fund's weekly liquid assets fall below specified thresholds of the total assets...The fee would reduce the dollar amount you receive for your ...
by mickeyd
Sat Apr 29, 2017 3:35 pm
Forum: Personal Consumer Issues
Topic: The Wolf of Wall Street is on FX tonight - Worth watching???
Replies: 29
Views: 2961

Re: The Wolf of Wall Street is on FX tonight - Worth watching???

I recall seeing the "cleaned up" version a while ago and it had certain vulgarities silenced and had "black boxes" where certain female body parts (the good ones) were supposed to be.It was better in the theater. As I recall, Jordan Belfort has a bit part near the end of the flic...
by mickeyd
Sat Apr 29, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market Fund (VMMXX)
Replies: 24
Views: 3817

Re: Vanguard Prime Money Market Fund (VMMXX)

As mentioned earlier, you will always pay taxes on any interest earned. IRS is good about getting its pound of flesh. I recall (as do many others) when PMMF had a yield of 5%+ and led the field. As it dropped below 1%, I moved my savings to Ally online (pays 1.05% now I believe). I can see me jumpin...
by mickeyd
Sat Apr 29, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 506
Views: 200357

Re: TV show recommendations?

F A R G O

As mentioned before, best show on TV for the last few years.
by mickeyd
Thu Apr 27, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: CCRC Tax Deduction?
Replies: 14
Views: 1188

Re: CCRC Tax Deduction?

I have a copy of a memo from a CCRC that we are considering regarding this topic. "The portion of these fees allocable to medical care by independent living residents has been determined in accordance with the percentage method, under which the ratio of total expenses allocable to resident medi...
by mickeyd
Mon Apr 24, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 39385

Re: Larry Swedroe says "Goodby."

Say it ain't so Larry!
by mickeyd
Mon Apr 24, 2017 6:24 pm
Forum: Personal Consumer Issues
Topic: Are CCRCs a good deal? [Continuing Care Retirement Community]
Replies: 30
Views: 2936

Re: Are CCRCs a good deal?

It is only going to get worse as the number of elderly explodes in this country over coming years. That is the understatement of the generation. DW and I will be taking the CCRC trail soon. We have looked @ numerous places and attended dog-n-pony shows galore, along with tasty lunches. Our deposit ...
by mickeyd
Sat Apr 22, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - Savings Account Rate Increased!
Replies: 84
Views: 11685

Re: Ally Bank - Savings Account Rate Increased!

MNGopher wrote:So, if you have a million with Ally, you will make an extra 5 hundred this year? :?
If you have a million with Ally, you'd be smart to move $750,000 to another bank since only $250 is FDIC insured.
by mickeyd
Sat Apr 22, 2017 1:30 pm
Forum: Investing - Theory, News & General
Topic: Ally Bank Just Raised 5yr CD to 2.25%
Replies: 28
Views: 4220

Re: Ally Bank Just Raised 5yr CD to 2.25%

A bit OT, but VGs PMMF is has a SEC yield of 0.93%.
by mickeyd
Wed Apr 19, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 8663

Re: Mens Blue Jeans - What are we buying now?!

The best place I can locate that sells jeans for about $5 is Goodwill. They have easily 1000 pair in a local store.
by mickeyd
Wed Apr 19, 2017 3:30 pm
Forum: Investing - Theory, News & General
Topic: Ally Bank Just Raised 5yr CD to 2.25%
Replies: 28
Views: 4220

Re: Ally Bank Just Raised 5yr CD to 2.25%

All of the banks should be playing to game soon. It's worth my while to wait a bit.
by mickeyd
Mon Apr 17, 2017 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: "Vanguard's free RMD Service: Sign up before you turn 70½"
Replies: 23
Views: 2850

Re: "Vanguard's free RMD Service: Sign up before you turn 70½"

I have my IRA @ VG and do not use this service. I take my RMD around the end of the year and VG sends me a notice entitled "Required Minimum Distribution Confirmation Summary" each January advising me of my RMD requirements for the year. I use that as a guide when taking my distribution on...
by mickeyd
Sun Apr 09, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Front-end loads
Replies: 21
Views: 2073

Re: Front-end loads

I recently moved my and my wife's ROTH IRAs from American Funds to Vanguard


Welcome here mmecham,

Most Bogleheads have learned to consider past financial errors as a cost of our financial education. Now that you are on-board with VG, you may wish to do the same.
by mickeyd
Tue Apr 04, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 7225

Re: Cost of Booze on a Cruise

My wife and I are taking a Holland America Baltic Sea cruise June (2017). We have not been on a cruise before and are wondering about the cost of wine and beer by the glass. HAL provides costs for various packages but I don't see cost per single drink. Also, I am wondering whether they offer craft ...
by mickeyd
Sat Apr 01, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: Why are tax-exempt money market yields so high?
Replies: 25
Views: 5329

Re: Why are tax-exempt money market yields so high?

With a yield of 0.71%, it still does not compare favorably with a simple online account (FDIC insured) @ Ally that has an APY of 1%.
by mickeyd
Sat Mar 25, 2017 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO vs. USAA auto insurance
Replies: 55
Views: 15749

Re: GEICO vs. USAA auto insurance

Subscribers Savings Account
)

This term has not been used for this kind of USAA account for a number of years. It is currently called Subscribers Account.
by mickeyd
Sat Mar 18, 2017 4:35 pm
Forum: Investing - Theory, News & General
Topic: Bogle Interview CNN - Sat.
Replies: 71
Views: 5629

Bogle CNN Interview

[Thread merged into here, see below. --admin LadyGeek]

Just ran across this interview. Did not notice if it was posted today.

"By Wall street standards, I'm am idiot"

Classic Bogle.

Staythecourse.

http://www.cnn.com/videos/tv/2017/03/18 ... conomy.cnn
by mickeyd
Sat Mar 11, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: High Expenses Company 401k
Replies: 14
Views: 1215

Re: High Expenses Company 401k

My question is at what point is an ER too high? How would you analyze, what would you do? It might be a good idea for you to realize that this is YOUR retirement plan. Sure your boss is in it too, but his selection of funds seems very costly to the other employees. You and other employees should me...
by mickeyd
Wed Mar 01, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: American General Life term-life policy
Replies: 7
Views: 583

Re: American General Life term-life policy

I am thinking of changing my agent and/or going for another term-life with another company. The agent should be able to give you specific information that you require. This delayed issue is holding up his commission also. He cares a great deal more about his money than your insurance. If he can not...
by mickeyd
Sun Feb 26, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 64
Views: 11467

Re: Vanguard opens special offices for $1 million clients

I reside nowhere near any of these proposed VG locations. Even if VG opened up a local shop, I doubt if I would be motivated to drop by and make an investment when it is so easy to manipulate my stash online now. However, if there was a free lunch involved, I'd probably be inspired to make a visit. ...
by mickeyd
Sat Feb 25, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Buffett Annual Letter 2016 [Jack Bogle is a hero]
Replies: 69
Views: 6378

Re: Buffett praises index funds, Bogle; unaware of Bogle's statue

Besides other obvious questions--is he advising against small-caps?


I think he is just keeping it simple. Once one gets to a certain age, simplicity seems to be an overriding aspect to equity investments.

Keeping it simple for 72 + years.
by mickeyd
Wed Feb 22, 2017 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Millionaire
Replies: 65
Views: 8498

Re: New Boglehead Millionaire

Investing really is easy when you follow the Boglehead approach.


Reminds me of a quote that I have captured from Dr. Bernstein "Dieting and investing are both simple, but neither is easy."

Go to advanced search