Search found 4150 matches

by mickeyd
Tue Jul 26, 2016 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market Fund (VMMXX) Question?
Replies: 25
Views: 8285

Re: Vanguard Prime Money Market Fund (VMMXX) Question?

I got zero notice. Checked spam and message on my account. Nothing. You must not be in the Vanguard loop. I have received several notices via email in the last 6 months or so in addition to a call from my Flagship Rep (along with other issues) a couple of months ago. Like others have said, it's bei...
by mickeyd
Sat Jul 23, 2016 12:56 pm
Forum: Personal Consumer Issues
Topic: HOA Swimming Pool Trespassing Issue
Replies: 100
Views: 6803

Re: HOA Swimming Pool Trespassing Issue

Contact the insurance company that has the liability coverage on the pool. If one of those kids gets injured or killed while in the pool you can be sure that the parents will sue the HOA. Insurance company will have many ideas on how to resolve problem as the have a financial stake in this. Money ta...
by mickeyd
Thu Jul 21, 2016 2:53 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEAD CONTEST -- 2016 Mid-Year Report
Replies: 26
Views: 2635

Re: BOGLEHEAD CONTEST -- 2016 Mid-Year Report

Once again I find myself in the top 62. Still not good enough...
by mickeyd
Wed Jul 06, 2016 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Has a bank offered you a "Special" CD rate?
Replies: 16
Views: 1909

Re: Has a bank offered you a "Special" CD rate?

The only recent offer that I recall getting in the mail is from Discover Bank (I do not bank there) who offered 0.95% and a $100 bonus for the online savings account. Not an offer that motivated me.
by mickeyd
Wed Jul 06, 2016 10:56 am
Forum: Personal Finance (Not Investing)
Topic: 2.05% Five year CD looking very tempting with FDIC
Replies: 3
Views: 904

Re: 2.05% Five year CD looking very tempting with FDIC

These stinko rates sure make me happy that I stashed a good bit @ NFCU in December (2.5%/30 month CD). It's a good thing that interest rates are no longer important. :annoyed
by mickeyd
Mon Jul 04, 2016 12:30 pm
Forum: Local Chapters and Bogleheads Community
Topic: The Declaration of Independence
Replies: 44
Views: 3304

Re: The Declaration of Independence

It occurs to me that 240 years ago this group of men that met in Philadelphia to cobble together this document were some of the most remarkable individuals to be living on the earth at the same time, in the same place. What would have been the results if even one of them would have stayed home? Happ...
by mickeyd
Sun Jul 03, 2016 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Need assistance with wife's 403b and annuities
Replies: 7
Views: 654

Re: Need assistance with wife's 403b and annuities

Welcome here KindeyMD. My DW was faced with a similar situation years ago and she also opted to not participate in a plan that had such steep ERs. You have to ask yourself why it costs so much to pay for an equity fund (59 bps) when one can easily obtain a Vanguard Total Stock Market (TSM) index fun...
by mickeyd
Sun Jul 03, 2016 1:36 pm
Forum: Investing - Theory, News & General
Topic: "Less is More"
Replies: 15
Views: 2976

Re: "Less is More"

I once was employed by a firm whose CEO bragged that he selected all 50 mutual fund options in the firm's 401(k) program. 2% each. As I had access to those records, I checked. Yes, he had selected all 50 funds to have his deduction applied to each pay period.

Unbelievable, yet true.
by mickeyd
Sun Jul 03, 2016 1:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Int'l Dividend Fund
Replies: 13
Views: 1772

Re: Vanguard Int'l Dividend Fund

Looks like another lame VG experiment in trying to be everything to everyone. Does the investment world really need another niche fund?
by mickeyd
Sat Jun 25, 2016 12:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 682979

Re: U.S. stocks in freefall

What's all that racket I hear out front?

"Hey you guys, get off of my lawn." 8-)

Now back to my favorite napping place.
by mickeyd
Thu Jun 23, 2016 9:10 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle will Appear on Webinar [June 15]
Replies: 66
Views: 5044

Re: Jack Bogle will Appear on Webinar [June 15]

This JB interview, paired up with the recent John Oliver show on retirement problems, make a good pair of links to suggest to someone who is looking for basic retirement investment advice.
by mickeyd
Thu Jun 23, 2016 9:04 am
Forum: Investing - Theory, News & General
Topic: NFL QB scammed in Ponzi operation
Replies: 1
Views: 625

NFL QB scammed in Ponzi operation

It never seems to end, wealthy athletes involved is questionable investments that will make them rich quickly. So few of them are guided to Vanguard it seems. “We allege that Narayan exploited athletes and other clients who trusted him to manage their finances," said Shamoil Shipchandler, direc...
by mickeyd
Tue Jun 21, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Eletronic Delivery vs Mail [fund statements, tax forms]
Replies: 46
Views: 2295

Re: Eletronic Delivery vs Mail

I prefer getting it all printed on paper as God and Bogle intended it to be. In addition, I can always get anything online. This way I can also insure future employment of my favorite USPS letter carrier and local recycling truck driver.
by mickeyd
Sun Jun 19, 2016 11:31 am
Forum: Investing - Theory, News & General
Topic: Reporter doing story on active funds in taxable account
Replies: 3
Views: 514

Re: Reporter doing story on active funds in taxable account

I am not a candidate for the reporter's article as I've been a passive investor for many years. Articles based on active vs. passive seem to be popular this season.
by mickeyd
Thu Jun 16, 2016 3:42 pm
Forum: Investing - Theory, News & General
Topic: VG low ERs
Replies: 0
Views: 190

VG low ERs

CEO Bill McNabb discusses low Vanguard fees. "And where we see economies of scale, we pass them on to the investors in the form of lower fees." This year, Vanguard slashed fees as low as 1 cent per $100 invested to clients with more than $3 billion in selected funds, such as the $373 billi...
by mickeyd
Thu Jun 16, 2016 3:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle will Appear on Webinar [June 15]
Replies: 66
Views: 5044

Re: Jack Bogle will Appear on Webinar [Today Wed., June 15]

I was with another company (first name Ed)... Till I realized how much they were charging me.


We have discussed EJ here on many occasions.

Welcome here Judy.
by mickeyd
Wed Jun 15, 2016 4:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle will Appear on Webinar [June 15]
Replies: 66
Views: 5044

Re: Webcast jack bogle

My notes are too scrambled to begin to summarize the Webinar. Jack gave Bogleheads a great complement and Mel got a nice tribute in.

My fav~

Q: Why are hedge funds so popular?

Bogle answer: "Because people are fools."
by mickeyd
Wed Jun 15, 2016 3:44 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle will Appear on Webinar [June 15]
Replies: 66
Views: 5044

Re: Jack Bogle will Appear on Webinar [Today Wed., June 15]

My notes are too scrambled to begin to summarize the Webinar. Jack gave Bogleheads a great complement and Mel got a nice tribute in.

My fav~

Q: Why are hedge funds so popular?

Bogle answer: "Because people are fools."
by mickeyd
Sun Jun 12, 2016 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: All I have to do is get to 70?
Replies: 27
Views: 3977

Re: All I have to do is get to 70?

my COLA military pension and SS will cover our expenses with some left over.


Your long term plan has paid off. Time to relax for the next 30 years or so.
by mickeyd
Sat Jun 11, 2016 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs- Is this accurate?
Replies: 9
Views: 1136

Re: RMDs- Is this accurate?

you can simply transfer them to your taxable account. Is this correct?

Yep. That's the way that I do it.
by mickeyd
Sat Jun 11, 2016 12:42 pm
Forum: Personal Consumer Issues
Topic: Dental insurance, dental plans or pay as you go?
Replies: 41
Views: 3093

Re: Dental insurance, dental plans or pay as you go?

I have a plan with Delta Dental. They have three options. The first pays up to $1,000, the second pays up to $1,500 and the third includes coverage for implants. This year I upgraded to the second option and I pay $457 per year. A significant benefit is the in-network discounts. Most of the dentist...
by mickeyd
Sat Jun 11, 2016 12:28 pm
Forum: Investing - Theory, News & General
Topic: T Rowe Price or Vanguard?
Replies: 36
Views: 20620

Re: T Rowe Price or Vanguard?

VG customer service is a joke, on two occasions I've been given the completely wrong answer over the phone - pretty busch league IMO. It is always a good idea to do your own research and drill down when you receive information or advice that does not square with what you believe to be true. After a...
by mickeyd
Sat Jun 11, 2016 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: What does "Self Insure" mean?
Replies: 43
Views: 3700

Re: What does "Self Insure" mean?

Thanks for those grafts.

Makes me more sure than ever that moving to a CCRC is a pretty sold decision as one passes age 70. I think that is what DW and I will do as there are several good looking (affordable) CCRCs nearby.
by mickeyd
Thu Jun 09, 2016 3:42 pm
Forum: Personal Consumer Issues
Topic: Dental insurance, dental plans or pay as you go?
Replies: 41
Views: 3093

Re: Dental insurance, dental plans or pay as you go?

As has been mentioned here many times, dental plans are not really insurance. They are pre-paid plans. You give them cash then they give part to the agent, then part to the VP, then part to the stockholders. If any is left over, they will consider paying the dentist some $. Meanwhile, your job is to...
by mickeyd
Thu Jun 09, 2016 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: John Hancock Investment Guidance
Replies: 6
Views: 864

Re: John Hancock Investment Guidance

Current Allocation 100% 500 Index Fund 0.63 Gulp! That's a pretty steep ER for (perhaps) an index-like fund when VG TSM has an ER of 0.05%. I would not be giving anyone financial advice, especially a relative of mine. Too darn many land mines out there. All said, sticking with the single fund that ...
by mickeyd
Wed Jun 08, 2016 4:20 pm
Forum: Investing - Theory, News & General
Topic: Who owns Vanguard?
Replies: 20
Views: 2202

Re: Who owns Vanguard?

It is always been said that vanguard is owned by its investors. I am not sure what this really means.


There are no sole proprietors at VG. There are no partners at VG. There are no stockholders at VG. None of it is run by the government.

I guess I'm an owner.
by mickeyd
Wed Jun 08, 2016 3:10 pm
Forum: Investing - Theory, News & General
Topic: Int'l Bonds - "A Key Asset Class Most Investors Completely Ignore"
Replies: 76
Views: 5919

Re: Int'l Bonds - "A Key Asset Class Most Investors Completely Ignore"

Can you expand on your decision to eliminate tips? Many authors say TIPS are an essential part of a bond portfolio. If I recall correctly, the reason that I abandoned TIPS was that they produced little return, I have a good bit in equities, and the fact that I have two COLA pensions as well as SS &...
by mickeyd
Wed Jun 08, 2016 9:32 am
Forum: Investing - Theory, News & General
Topic: Int'l Bonds - "A Key Asset Class Most Investors Completely Ignore"
Replies: 76
Views: 5919

Re: Int'l Bonds - "A Key Asset Class Most Investors Completely Ignore"

Many years ago the TIPS was very popular as a second choice both from Bogleheads and Vanguard. That has since changed.
I'm one of those who jumped on the TIPS fund bandwagon years ago. I have since exchanged all of it and consider it part of the cost of my financial education.
by mickeyd
Wed Jun 08, 2016 9:23 am
Forum: Investing - Theory, News & General
Topic: Int'l Bonds - "A Key Asset Class Most Investors Completely Ignore"
Replies: 76
Views: 5919

Re: Int'l Bonds - "A Key Asset Class Most Investors Completely Ignore"

My VG bond fund of choice (Intermediate-Term index bond fund) has 6.6% of foreign bonds according to the most current annual report. That's plenty for me.
by mickeyd
Tue Jun 07, 2016 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: leadership buzzwords
Replies: 14
Views: 794

Re: leadership buzzwords

I always liked "I got your six."
by mickeyd
Tue Jun 07, 2016 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: What does "Self Insure" mean?
Replies: 43
Views: 3700

Re: What does "Self Insure" mean?

When I self-insure that means that I am assuming 100% of the risk.
by mickeyd
Sun Jun 05, 2016 1:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: D Day 72 years ago...
Replies: 48
Views: 3511

Re: D Day 72 years ago...

It's difficult to decide which film more accurately depicts the Normandy invasion "The Longest Day" or the first 3o minutes of "Saving Private Ryan."

Plenty of heroes that day.
by mickeyd
Sun Jun 05, 2016 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Synchrony Bank raises EWP
Replies: 13
Views: 2428

Re: Synchrony Bank raises EWP

Seems to me as though making a change to the EWP is an easy way for the bank to gain a slight edge without it being too obvious. They still tout the interest rate (which has not changed) and just mention the EWP. It's a way for banks to make more money. Making money is why they open their doors daily.
by mickeyd
Sun Jun 05, 2016 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance ... a sure way to get Wealthy?
Replies: 19
Views: 2266

Re: Life Insurance ... a sure way to get Wealthy?

There are plenty of life insurance agents who have become quite rich by using this scheme. Can't think of a single policyholder that has been as successful, though.
by mickeyd
Sun Jun 05, 2016 12:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Balanced Index Fund
Replies: 14
Views: 3459

Re: Vanguard Balanced Index Fund

I have noticed that Scott Burns often recommends this fund. There are worse choices.
by mickeyd
Sun Jun 05, 2016 12:34 pm
Forum: Investing - Theory, News & General
Topic: Ed Slott's Retirement Roadmap 2016 -- who's pledged?
Replies: 17
Views: 3804

Re: Ed Slott's Retirement Roadmap 2016 -- who's pledged?

I saw his previous PBS show and was not impressed. All pretty basic stuff. I recall hearing some questionable statements in his presentation, but can not recall what they were.

You'd do better by just reading the posts here.
by mickeyd
Thu Jun 02, 2016 10:59 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle will Appear on Webinar [June 15]
Replies: 66
Views: 5044

Re: Jack Bogle will Appear on Webinar

How was the May 19th webinar on extending the life of your retirement savings?


Excellent. I sign up for every webinar. Some are better than others. All are a good place to acquire information at the best rate possible.
by mickeyd
Tue May 31, 2016 4:32 pm
Forum: Investing - Theory, News & General
Topic: New "Flagship Select" level at Vanguard
Replies: 46
Views: 10450

Re: New "Flagship Select" level at Vanguard

I believe that Vanguard does not pay any commissions. The very low fees do not provide money for commissions. Interesting. I wonder how they attract the advisor community. It seems to be a big part of their business now — 1 trillion USD assets per the Vanguard website. Advisors who are paid via Ass...
by mickeyd
Tue May 31, 2016 1:37 pm
Forum: Investing - Theory, News & General
Topic: New "Flagship Select" level at Vanguard
Replies: 46
Views: 10450

Re: New "Flagship Select" level at Vanguard

I find it interesting that a post over 3 years old would generate so many 2016 comments.
by mickeyd
Mon May 30, 2016 3:15 pm
Forum: Investing - Theory, News & General
Topic: JD Mellberg 8% Lifetime Return Claim - Legitimate?
Replies: 43
Views: 20373

Re: JD Mellberg 8% Lifetime Return Claim - Legitimate?

JD Mellberg is investing your money and pocketing all investment gains.


I do not believe that Melberg is a LI company. They probably get some kind of commission arrangement with various LI companies that is based on volume, volume, volume.
by mickeyd
Mon May 30, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: How persnickety are you with your rebalance bands?
Replies: 39
Views: 2752

Re: How persnickety are you with your rebalance bands?

I'm pretty loosy-goosy with my bands. I'm 50/50 with a 5% trigger point, but it's not a religion. I check the accounts each December around RMD time. If rebalancing/adjusting is in order, it gets done online at that time.
by mickeyd
Mon May 30, 2016 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Federal Money Market Fund
Replies: 15
Views: 1992

Re: Vanguard Federal Money Market Fund

I received a letter in the mail regarding this and a copy (16 pages) of a new Vanguard Brokerage Account Agreement recently as well as a pamphlet regarding new fee schedules effective July 1, 2016. It seemed pretty straight forward.
by mickeyd
Mon May 30, 2016 12:09 pm
Forum: Investing - Theory, News & General
Topic: JD Mellberg 8% Lifetime Return Claim - Legitimate?
Replies: 43
Views: 20373

Re: JD Mellberg 8% Lifetime Return Claim - Legitimate?

How do we know that Josh Mellberg is lying? His lips are moving.
by mickeyd
Sat May 28, 2016 7:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: MEMORIAL DAY, 2014 [and 2016]
Replies: 26
Views: 3537

Re: MEMORIAL DAY, 2014

Thank you for your service -- and also for remembering those who gave their lives for the freedom we enjoy today.


Back at ya, Taylor.

BTW, I had the unique honor of shaking the hand of a survivor of the Bataan Death March this afternoon. I cherish that occasion.
by mickeyd
Sat May 28, 2016 1:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: MEMORIAL DAY, 2014 [and 2016]
Replies: 26
Views: 3537

Re: MEMORIAL DAY, 2014

These characters in CA who did this, evidently did not get the message. Vandals defaced a memorial to Vietnam war veterans in Venice – an awful sight on this Memorial Day weekend. Stewart Oscars welled up as he looked at the vandalized mural located on Pacific Avenue near Sunset Court. It was covere...
by mickeyd
Sat May 28, 2016 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: "Indexed Annuities: The Big Lie" by Don McDonald
Replies: 26
Views: 2698

Re: "Indexed Annuities: The Big Lie" by Don McDonald

Does that sound like an Indexed Annuity


Probably so but most of the 6% is a return of his own money. It's a commission generator for his LI agent.
by mickeyd
Wed May 25, 2016 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 356
Views: 32190

Re: What's Your Credit Card Rewards Strategy?

I never thought of it as a strategy, but I guess that's what it is. All cash rewards go to reduce my monthly balance. What's left is paid off automatically with zero balance left. Seems about as cost effective as possible as I always have a monthly balance since I charge close to 100%.
by mickeyd
Tue May 24, 2016 2:26 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1740
Views: 388488

Re: What Movie Have You Recently Watched?

Nebraska

What it's like to get old in America. Black/white format actually makes it a better flick.
by mickeyd
Sun May 22, 2016 3:07 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 149
Views: 12793

Re: Is there a such thing as a blue collar Boglehead?

That chart indicated that my NW is in the top 5%. Hmmm. :?: Like many (most?) Bogleheads, I started investing early and often and I continue to do so. Though I wore a white collar when I was pulling down a regular paycheck, I knew many so called blue-collar friends that made more than I did. So, whi...
by mickeyd
Fri May 20, 2016 7:35 pm
Forum: Investing - Theory, News & General
Topic: Ally reduces 5 year CD rate
Replies: 16
Views: 2991

Re: Ally reduces 5 year CD rate

Makes that 30 month 2.5% NFCU CD I got in December look even sweeter. :happy

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