Search found 3544 matches

by protagonist
Tue Feb 09, 2016 10:52 pm
Forum: Investing - Theory, News & General
Topic: iBond buying strategy: One Lump or Multiple Buys?
Replies: 33
Views: 1742

Re: iBond buying strategy: One Lump or Multiple Buys?

I guess I'm still miffed at the last six month period where the I-bonds were earning nothing. Yes, you can say that the interest rate of 1.64% (or whatever it was) is better than an online savings account, but that's for a 6-month period (so actually 1.64%/2). During that six month period last year...
by protagonist
Tue Feb 09, 2016 7:33 pm
Forum: Investing - Theory, News & General
Topic: iBond buying strategy: One Lump or Multiple Buys?
Replies: 33
Views: 1742

Re: iBond buying strategy: One Lump or Multiple Buys?

At the current yield, I-bonds are certainly not the ideal investment. I think people get too hung up on the "current yield" thing. Current yields don't last very long, and if you don't buy your limit you cannot go back another year and make up for it. A few years back when I-bonds were yi...
by protagonist
Tue Feb 09, 2016 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Finally a budget revised - Goals/Priorities
Replies: 19
Views: 848

Re: Finally a budget revised - Goals/Priorities

You are making $120K/year and you are only spending $40-45K/year.

What is the problem?
by protagonist
Tue Feb 09, 2016 7:01 pm
Forum: Investing - Theory, News & General
Topic: iBond buying strategy: One Lump or Multiple Buys?
Replies: 33
Views: 1742

Re: iBond buying strategy: One Lump or Multiple Buys?

At the current yield, I-bonds are certainly not the ideal investment. I think people get too hung up on the "current yield" thing. Current yields don't last very long, and if you don't buy your limit you cannot go back another year and make up for it. A few years back when I-bonds were yi...
by protagonist
Tue Feb 09, 2016 6:53 pm
Forum: Investing - Theory, News & General
Topic: iBond buying strategy: One Lump or Multiple Buys?
Replies: 33
Views: 1742

Re: iBond buying strategy: One Lump or Multiple Buys?

At the current yield, I-bonds are certainly not the ideal investment. I think people get too hung up on the "current yield" thing. Current yields don't last very long, and if you don't buy your limit you cannot go back another year and make up for it. A few years back when I-bonds were yi...
by protagonist
Tue Feb 09, 2016 10:16 am
Forum: Investing - Theory, News & General
Topic: iBond buying strategy: One Lump or Multiple Buys?
Replies: 33
Views: 1742

Re: iBond buying strategy: One Lump or Multiple Buys?

You might only make $10 this year, but if inflation goes up dramatically you will make a lot more in the future. And the point of inflation protection is not asset growth, it is asset preservation. What matters is in real, not in nominal terms, and you beat inflation. If you make $10 in a deflation...
by protagonist
Tue Feb 09, 2016 7:06 am
Forum: Investing - Theory, News & General
Topic: iBond buying strategy: One Lump or Multiple Buys?
Replies: 33
Views: 1742

Re: iBond buying strategy: One Lump or Multiple Buys?

I disagree with rrp. Depending on your future income potential and if you are committed to the inflation protection of I-bonds, you should consider maxing out since if you are making enough money to save a lot more than 10K in taxable per year, your I-bond holdings will be limited to a small portio...
by protagonist
Mon Feb 08, 2016 5:52 pm
Forum: Personal Consumer Issues
Topic: Chicken rub
Replies: 34
Views: 2205

Re: Chicken rub

If you like a middle eastern flair, zaatar is good. Buy it if you have access to good zaatar (probably difficult outside of larger cities or middle eastern communities....it is very variable in taste depending on the blend you buy. I'm sure it is available online but I don't know which ones are the ...
by protagonist
Mon Feb 08, 2016 5:46 pm
Forum: Investing - Theory, News & General
Topic: iBond buying strategy: One Lump or Multiple Buys?
Replies: 33
Views: 1742

Re: iBond buying strategy: One Lump or Multiple Buys?

I disagree with rrp. Depending on your future income potential and if you are committed to the inflation protection of I-bonds, you should consider maxing out since if you are making enough money to save a lot more than 10K in taxable per year, your I-bond holdings will be limited to a small portion...
by protagonist
Mon Feb 08, 2016 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 137
Views: 11704

Re: Large amount of CDs maturing....what to do?

The Penfed 15 month CD that people are touting here yields 1.51% at maturity. The Pioneer Valley FCU 57 month CD (6 mo EWP) would yield 1.58% if withdrawn after 15 months, and that yield would increase with every additional month held. So why would anybody choose the PF 15 mo over the PV 57 mo? PV ...
by protagonist
Mon Feb 08, 2016 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 137
Views: 11704

Re: Large amount of CDs maturing....what to do?

The Penfed 15 month CD that people are touting here yields 1.51% at maturity. The Pioneer Valley FCU 57 month CD (6 mo EWP) would yield 1.58% if withdrawn after 15 months, and that yield would increase with every additional month held. So why would anybody choose the PF 15 mo over the PV 57 mo? PV d...
by protagonist
Sun Feb 07, 2016 8:09 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

One big glitch in my planning is that the majority of my income comes from capital gains distributions and dividends shed by FFNOX, typically within the last couple of days of the year. Since these are variable, I never have more than a vague grasp of what my income will be in any given year until ...
by protagonist
Sun Feb 07, 2016 8:09 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

One big glitch in my planning is that the majority of my income comes from capital gains distributions and dividends shed by FFNOX, typically within the last couple of days of the year. Since these are variable, I never have more than a vague grasp of what my income will be in any given year until ...
by protagonist
Sat Feb 06, 2016 11:54 pm
Forum: Personal Consumer Issues
Topic: Alternative to Briggs & Riley Luggage
Replies: 33
Views: 2172

Re: Alternative to Briggs & Riley Luggage

I bought a Briggs and Riley carryon from Amazon at less than half price last year....it was double the price in all other colors. I haven't used it enough to review it though it seems to be of high quality and quite roomy for its dimensions. The lifetime guarantee is definitely worth something. I as...
by protagonist
Sat Feb 06, 2016 11:29 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

One big glitch in my planning is that the majority of my income comes from capital gains distributions and dividends shed by FFNOX, typically within the last couple of days of the year. Since these are variable, I never have more than a vague grasp of what my income will be in any given year until ...
by protagonist
Sat Feb 06, 2016 4:48 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

One big glitch in my planning is that the majority of my income comes from capital gains distributions and dividends shed by FFNOX, typically within the last couple of days of the year. Since these are variable, I never have more than a vague grasp of what my income will be in any given year until a...
by protagonist
Sat Feb 06, 2016 4:22 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

ACA subsidy depends on your MAGI. If MAGI is < 400% of Federal Poverty Level (FPL), you receive some. Lot of early retirees in situations similar to yours, try to adjust their capital gains and Roth conversions, so they are just lower than 400%. If your expected income after Medicare eligibility is...
by protagonist
Sat Feb 06, 2016 4:20 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

Even though you're sitting on capital gains, perhaps there will be opportunities for you to tax-loss harvest, given the current market volatility. If you don't currently have any losses, you can most likely make them by buying more equity shares now (if your asset allocation allows it), and then mo...
by protagonist
Sat Feb 06, 2016 4:13 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

Medicare starts at age 65 no matter when you start taking SS. The high income adjustment affects your Medicare premium and, just fyi, includes any non-taxable interest your investments throw off. Yes, but I am not making anywhere near $85K in income, which I believe is the cutoff for affecting medi...
by protagonist
Sat Feb 06, 2016 4:10 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

Protagonist, You probably need to crunch some numbers. And you need to decide what level of income you want - 199% of poverty, 249%, 399% depending upon what level of subsidy you expect. From some of your later comments it appears your income may be too high to matter much, but for some people they...
by protagonist
Sat Feb 06, 2016 11:42 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

. Protagonist, It sounds like you have a basic understanding, but do remember that if you have appreciated stocks that you would be selling otherwise for rebalancing reasons, you should use them for income before using Traditional IRA withdrawals for income. Say you would normally sell $10,000 of s...
by protagonist
Sat Feb 06, 2016 11:33 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

Be aware that there's an income effect on your Medicare premiums if your income goes up to certain levels. If your income goes up for just one year you'll only pay the higher premium a year or two later. It may or may not be more than the loss of your ACA subsidy. https://www.ssa.gov/pubs/EN-05-105...
by protagonist
Sat Feb 06, 2016 11:22 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

I am in my early 60s and have considerable capital gains (100% plus) on equities in a taxable account dating back many years. I do not want to sell these equities until I am eligible for Medicare because of concerns that the capital gains will make me ineligible for Obamacare. The loss of affordabl...
by protagonist
Sat Feb 06, 2016 11:20 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

Do not feel compelled to realize any LTCG from my long-standing pre-Boglehead taxable mutual funds at this time. Certainly not prior to Medicare eligibility (age 65). That also applies to Roth conversions--which would also impact ACA subsidy availability. Fully willing to "Don't just do someth...
by protagonist
Sat Feb 06, 2016 10:45 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Re: Impact of Obamacare on investment decisions

Be aware that there's an income effect on your Medicare premiums if your income goes up to certain levels. If your income goes up for just one year you'll only pay the higher premium a year or two later. It may or may not be more than the loss of your ACA subsidy. https://www.ssa.gov/pubs/EN-05-105...
by protagonist
Sat Feb 06, 2016 6:59 am
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2904

Impact of Obamacare on investment decisions

I am in my early 60s and have considerable capital gains (100% plus) on equities in a taxable account dating back many years. I do not want to sell these equities until I am eligible for Medicare because of concerns that the capital gains will make me ineligible for Obamacare. The loss of affordable...
by protagonist
Sat Feb 06, 2016 6:12 am
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 137
Views: 11704

Re: Large amount of CDs maturing....what to do?

A good 3-year CD (2.5%) is now being offered at the following at Transportation FCU: https://www.depositaccounts.com/blog/2016/02/transportation-fcu-offers-limitedtime-toprate-3year-cd.html With the above newly available 3-year CD, I am wondering if it is better to go with the above 3-year CD or 5-...
by protagonist
Fri Feb 05, 2016 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 137
Views: 11704

Re: Large amount of CDs maturing....what to do?

A good 3-year CD (2.5%) is now being offered at the following at Transportation FCU: https://www.depositaccounts.com/blog/2016/02/transportation-fcu-offers-limitedtime-toprate-3year-cd.html With the above newly available 3-year CD, I am wondering if it is better to go with the above 3-year CD or 5-...
by protagonist
Fri Feb 05, 2016 10:26 am
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 1695

Re: IRA Advice For 18yo

OK, Duloc, I will concede you make a good point, this diligent 17 y o OP should start learning to save now. But I would suggest a compromise. Rather than putting the $1000 towards his/her retirement, he/she should save for a trip to Europe after sophomore year. With any luck he/she can turn the $10...
by protagonist
Thu Feb 04, 2016 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 1695

Re: IRA Advice For 18yo

Welcome!! OK, after all this input from your superego, here is the voice of your id speaking. You are 17. Do you have a ton of dispensible cash? Because if not, and you plan to be a starving student for the next 4 to 10 plus years like most of us were, maybe you want to spend your $1000 on whatever...
by protagonist
Thu Feb 04, 2016 11:26 am
Forum: Personal Finance (Not Investing)
Topic: 45% of Income On Rent
Replies: 39
Views: 2659

Re: 45% of Income On Rent

I would normally not put myself in this situation, and would follow the general line of equal to or less than 30% of your income. However a situation has risen where I no longer have a roommate. I'm trying to make a rational decision on this, so here are the facts. Moving forward here is what my fi...
by protagonist
Thu Feb 04, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: The Coming Boglehead Zombie Apocalypse (LED bulbs)
Replies: 94
Views: 7047

Re: The Coming Boglehead Zombie Apocalypse (LED bulbs)

Being a Boglehead, I bought the cheapest LED light bulbs ... I now look like the walking dead. I gotta have some of those...where did you get them? Google your state energy program. Where I live (MA), consumers of MA energy are entitled to buy 12 bulbs per year at significantly reduced prices, and ...
by protagonist
Thu Feb 04, 2016 11:08 am
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 209
Views: 10727

Re: Do you pay for exercise?

When I successfully lost about 55 pounds five years ago in an 11 month period (and have kept it off) I took the "approach" that I did NOT (and still do not) "count calories". On the other hand I recognized (and still reconnize) that "calories count". While that may see...
by protagonist
Thu Feb 04, 2016 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Retirement - Ten key years + Summary
Replies: 64
Views: 10309

Re: Retirement - Ten key years + Summary

Think about minimizing unnecessary expenses if you are living on a fixed income, such as: -Pulling the plug on cable and get your TV via internet instead. -Get rid of expensive cell phone plan and go with an MVNO -If you travel, figure out how to get free flights and hotel stays via credit card chur...
by protagonist
Thu Feb 04, 2016 7:42 am
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 209
Views: 10727

Re: Do you pay for exercise?

There is a bit of magical thinking about gyms that many people are subject to; I've experienced it myself. You want to get fit, and believe that joining a gym is the key to that. Spending the money to join a gym feels like you've done something serious towards your goal of getting fit, and then you...
by protagonist
Tue Feb 02, 2016 4:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master Thread for Metro Boston's Chapter
Replies: 196
Views: 26324

Re: Master Thread for Metro Boston's Chapter

Hi folks. I'd love to meet up with you all at some point in time. It would be fun to connect faces with names, since I have been communicating with many of you for years now. A few major glitches.... I live 100 miles west of Boston, I am in NYC most weekends, I am in the Caribbean most of the winter...
by protagonist
Tue Feb 02, 2016 4:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 104
Views: 7983

Re: Roll Call for the Retirement Class of 2016!

April Fools Day 2016. Can't wait Welcome! Retirement, of course, is about full-time fooling around. {kidding, again} Victoria You can say that again. Today is February Fools' Day here at the beach. So was yesterday. To quote who was quoted to me as Fats Waller (but who knows), "Shoot me while ...
by protagonist
Tue Feb 02, 2016 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 1695

Re: IRA Advice For 18yo

Dulocracy wrote:No. Do not listen to the devil. (Beelzebub is protagonist's signature)



*offering Dulocracy an apple.....*
by protagonist
Tue Feb 02, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Advice For 18yo
Replies: 37
Views: 1695

Re: IRA Advice For 18yo

Welcome!! OK, after all this input from your superego, here is the voice of your id speaking. You are 17. Do you have a ton of dispensible cash? Because if not, and you plan to be a starving student for the next 4 to 10 plus years like most of us were, maybe you want to spend your $1000 on whatever ...
by protagonist
Tue Feb 02, 2016 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Already filed taxes, didn't include small amount of interest income
Replies: 31
Views: 3014

Re: Already filed taxes, didn't include small amount of interest income

I would file an amended return. It is only a small amount, but remember that Ally filed a copy of that 1099-INT with the IRS too. It will probably stick out like a sore thumb when you don't have an amount on the interest income line that matches the 1099s they received from the bank(s). And don't f...
by protagonist
Tue Feb 02, 2016 8:02 am
Forum: Personal Finance (Not Investing)
Topic: What services oes a financial advisor/planner provide?
Replies: 8
Views: 468

Re: What value does a financial advisor/planner bring?

Investing wisely is an incredibly simple proposition. You can learn all you really NEED to know in a matter of hours, or minutes if you don't care about the "whys" and just want instructions. Thus, given the cost of financial advisors, and the fact that most of them are not looking after y...
by protagonist
Mon Feb 01, 2016 10:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: One year of knowing Taylor Larimore
Replies: 15
Views: 2516

Re: One year of knowing Taylor Larimore

Dear Bogleheads, One year ago, I moved to Miami, FL from Connecticut. Relocating to Florida https://www.bogleheads.org/forum/viewtopic.php?t=153343 I didn't bring any alligator repellent like livesoft recommended. But, I noticed that Taylor had his Location in Bogleheads displayed as Miami FL. So, ...
by protagonist
Mon Feb 01, 2016 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 137
Views: 11704

Re: Large amount of CDs maturing....what to do?

Regarding the Pioneer Valley FCU 57 month CD at 2.57% APY: I don't see anything in the disclosure suggesting that the CU can refuse early withdrawal, and Alex told me via phone conversation that this would not happen. However, I would suggest, if you are investing a large amount, to open several sma...
by protagonist
Sun Jan 31, 2016 2:34 pm
Forum: Personal Consumer Issues
Topic: Best place to travel July/August for 1-2 weeks?
Replies: 15
Views: 1553

Re: Best place to travel July/August for 1-2 weeks?

Of your suggested ideas, SE Asia is fabulous....the most exotic of your choices, and if you are graduating med fellowship and (like me when I was in that situation) do not have a lot of liquid cash, it is also quite cheap, at least while you are there. The downside is for a short 1-2 week trip it is...
by protagonist
Sun Jan 31, 2016 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of Putting Too Much of Savings in a CD?
Replies: 3
Views: 621

Re: Risks of Putting Too Much of Savings in a CD?

Yes, it makes a lot of sense, and that is basically what I do. I wish I had the opportunity to take advantage of the NWFCU deal!

There is a small risk that the credit union will not allow early withdrawal when you want it, but I believe that risk is very small and worth taking. I hope I am right.
by protagonist
Sun Jan 31, 2016 2:21 pm
Forum: Personal Consumer Issues
Topic: Buy a TV Warranty?
Replies: 32
Views: 1628

Re: Buy a TV Warranty?

You are better off taking the money and gambling it at the slots in Vegas. The odds of winning are considerably higher, you get free drinks, and it is more fun. Don't insure anything if the risks are not catastrophic loss. If the odds were not stacked horribly against you, insurance companies would ...
by protagonist
Sun Jan 31, 2016 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Important features of a Pre-Nup?
Replies: 9
Views: 1090

Re: Important features of a Pre-Nup?

Two issues I've seen arise in connection with some volunteer work I did in the past. 1. Determine whether spouse's assets will need to be used to support other spouse's long-term care costs. 2. If one spouse owns the home the couple lives in & hopes to pass it to his/her kids, be very specific ...
by protagonist
Sun Jan 31, 2016 8:09 am
Forum: Personal Consumer Issues
Topic: [Eating] Fish
Replies: 119
Views: 11588

Re: [Eating] Fish

If the fish market near you sells good, fresh fish, I would just experiment. Try it all and see what you like best. You will be able to establish a relationship with the owner who can advise you as to what looks best on any given day, you will be supporting your local economy, and you may find you ...

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