Search found 913 matches

by whaleknives
Fri Dec 02, 2016 6:04 pm
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 126
Views: 5365

Re: What percentage of international do you hold?

The Wiki section Domestic/International Allocation (full title to make the link more noticeable) does have later data including emerging markets, but still only to 2007. Also, note the lack of return numbers. It would be nice to have updated charts. Would also be nice to see actual numbers on the p...
by whaleknives
Fri Dec 02, 2016 5:05 pm
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 126
Views: 5365

Re: What percentage of international do you hold?

The Wiki section Domestic/International Allocation (full title to make the link more noticeable) does have later data including emerging markets, but still only to 2007. Also, note the lack of return numbers. It would be nice to have updated charts. :D https://www.bogleheads.org/w/images/3/38/US-Int...
by whaleknives
Fri Dec 02, 2016 12:09 am
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 126
Views: 5365

Re: What percentage of international do you hold?

I'm at 30% of stocks, based on a trade-off between minimum volatility and maximum return from this chart in the Wiki : https://www.bogleheads.org/w/images/1/11/US-International.png Recommendations here range from 0% from John Bogle to 51% by market cap. Here's a recent thread: Why not use Global Mar...
by whaleknives
Wed Nov 30, 2016 2:35 pm
Forum: Personal Consumer Issues
Topic: Naive question about laptop repair
Replies: 13
Views: 1026

Re: Naive question about laptop repair

Reminds me of a suitcase computer I once had. By the time I replaced it, it would have been worth $5, if I spent $25 to add a hard drive. Of course it was probably 5 millennia old by then.
Image
by whaleknives
Sun Nov 27, 2016 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Deluxe Discontinued? TaxAct Plus Only for more $$$?
Replies: 15
Views: 1897

Re: TaxAct Deluxe Discontinued? TaxAct Plus Only for more $$$?

When I logged in to TaxAct today, it tells me that I used Deluxe for my 2014 return, and Plus for 2015. It doesn't display a version for 2016, only that I have a "Low Price Locked In". Have you tried logging into your TaxAct account? The 30% off seems to be a Cyber Monday offer available t...
by whaleknives
Sun Nov 20, 2016 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Paid Loss Ratios for Car Insurance
Replies: 7
Views: 522

Re: Paid Loss Ratios for Car Insurance

. . . Years ago, I worked with a very smart insurance consultant who'd done lots of work in in Property and Casualty company insurance claims reviews, who summed up his personal advice for consumers buying homeowners and auto insurance, based on claims paying process: for homeowner's insurance, cho...
by whaleknives
Sun Nov 20, 2016 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Paid Loss Ratios for Car Insurance
Replies: 7
Views: 522

Paid Loss Ratios for Car Insurance

I'm surprised this hasn't been posted yet. It tells you of 3 categories of car insurance companies that include Allstate/GEICO/Progressive/State Farm, Liberty Mutual and Amica. Dividend-paying mutual insurers may be the Vanguard of car insurance. "The Kind of Car Insurer That Gives Consumers th...
by whaleknives
Sun Nov 20, 2016 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Whole life - 7 "pithy" questions to ask the salesman
Replies: 43
Views: 3742

Re: Whole life - 7 "pithy" questions to ask the salesman

The couple will also hear about the advantages of "forced savings". Of course, savings that go toward commissions and surrender fees are no savings at all.
by whaleknives
Sun Nov 20, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Whole life - 7 "pithy" questions to ask the salesman
Replies: 43
Views: 3742

Re: Whole life - 7 "pithy" questions to ask the salesman

Your premise that even an inexperienced salesperson could be put off by inexperienced insurance consumers is probably suspect. But I remember being saved by Consumer Reports over 40 years ago, and these questions might help stop the juggernaut: ⋅  Why don't you sell term life policies? Big...
by whaleknives
Fri Nov 11, 2016 2:59 pm
Forum: Personal Consumer Issues
Topic: Equivalent "Do Not Call" List for Wireless?
Replies: 15
Views: 1234

Re: Equivalent "Do Not Call" List for Wireless?

The good news is that there is only one Federal Do No Call list, covering both landline and cell numbers: https://www.consumer.ftc.gov/articles/0133-cell-phones-and-do-not-call-registry The bad news is that there are many exceptions not covered, such as political organizations. Scams and other illeg...
by whaleknives
Sat Nov 05, 2016 7:32 pm
Forum: Personal Consumer Issues
Topic: "Unsupported Browser" messages
Replies: 9
Views: 727

Re: "Unsupported Browser" messages

rob wrote:Some coders are hopeless, some are cheap and only test with a limited browser and some are on a mission to change the browser world . . .

:thumbsup True, that. Some HTML code has patches for 3 versions of Internet Explorer. Many sites standardize on IE, and that's all they program and test for.
by whaleknives
Sat Oct 29, 2016 4:42 pm
Forum: Personal Consumer Issues
Topic: retirement woes
Replies: 8
Views: 1842

Re: retirement woes

I've been taking some IT degree courses at the local community college, for some structured learning twice a week. Tuition is waived for seniors, leaving a 75% discount after permitted fees, so it's a very good deal. But mostly I feel like this:

Image
by whaleknives
Sat Oct 29, 2016 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion & 5 Year Seasoning
Replies: 7
Views: 609

Re: Roth Conversion & 5 Year Seasoning

The best description I've seen is this flowsheet (Figure 2.1, page 32) of IRS Publication 590-B , Distributions from Individual Retirement Arrangements (IRAs) . All you need are the first two yes's to avoid the penalty: (1) at least 5 years since you contributed to "a Roth IRA", and (2) &q...
by whaleknives
Sat Oct 29, 2016 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio checkup
Replies: 9
Views: 807

Re: Portfolio checkup

How long have you owned Wellington for? IMHO, it's probably too conservative for someone of your age, but if you've owned it a while I think you'll be fine holding on to it. Maybe keep what you own and start putting new contributions into a Target Date fund. . . Or, you could look at some simple Th...
by whaleknives
Thu Oct 27, 2016 6:25 pm
Forum: Personal Consumer Issues
Topic: How do you make your Martini?
Replies: 63
Views: 3406

Re: How do you make your Martini?

I drink red wine, but for Ian Fleming:
Vodka Maritni
by whaleknives
Tue Oct 25, 2016 8:13 pm
Forum: Personal Consumer Issues
Topic: Where to go for blood tests (w. no insurance)
Replies: 22
Views: 2280

Re: Where to go for blood tests (w. no insurance)

An alternative to any lab option would be a walk-in clinic, where a nurse practitioner or physician assistant could arrange for the tests you need. I did this to confirm my measles, mumps, rubella and varicella (chicken pox) titers, since I had no previous vaccines. The tests were quick and low cost.
by whaleknives
Sun Oct 23, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: NY Times first in a series about 403(b)s with public K-12
Replies: 96
Views: 8692

Re: NY Times first in a series about 403(b)s with public K-12

An eye-opening article. For those of us with 401(k) experience who think 403(b) plans are just another IRS category, two differences stood out: ⋅ Most 403(b) plans are exempt from ERISA, and are only covered by "state laws or less stringent federal securities regulations". ⋅...
by whaleknives
Sun Oct 16, 2016 5:26 pm
Forum: Forum Issues and Administration
Topic: Bogleheads is back!!!
Replies: 83
Views: 8034

Re: Bogleheads is back!!!

Minot wrote:For those of us who (finally, in my case) figured out to check Morningstar's Bogleheads Unite! forum, a big thank you to Taylor, Mel, and Lady Geek for keeping us updated.

Also, http://downforeveryoneorjustme.com/ :!:
by whaleknives
Sat Oct 08, 2016 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare as secondary to employer plan
Replies: 11
Views: 893

Re: Medicare as secondary to employer plan

I believe employer insurance is primary as long as you are working. If you are not working and are simply continuing your old plan from work, medicare is primary. . . It depends on the employer's policy. Mine made Medicare primary for anyone who qualified by age. I retired before 65, so I don't kno...
by whaleknives
Tue Oct 04, 2016 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Update from Quicken CEO Eric Dunn
Replies: 6
Views: 1298

Re: Update from Quicken CEO Eric Dunn

On the other hand, Quicken has at times been difficult to use and opaque in its transactions, hard to maintain in its online services, and annoying with its 3-year online subscription. I haven't missed it at all.
by whaleknives
Tue Oct 04, 2016 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401K choices
Replies: 7
Views: 368

Re: Help with 401K choices

I definitely prefer the low Spartan index fund ERs. You can use 3 funds for a total US stock and bond portfolio: 82% SPTN 500 INDEX ADV (FUSVX) 0.07% 18% SPTN SM CAP IDX ADV (FSSVX) 0.23% FID TOTAL BOND (FTBFX) 0.45% The only question is international. FID INTL DISCOVERY (FIGRX) 0.99% looks to be th...
by whaleknives
Fri Sep 30, 2016 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Incapacity: who should determine: Doctor or 2 trustees?
Replies: 20
Views: 2029

Re: Incapacity: who should determine: Doctor or 2 trustees?

Some states require (unless specified) two doctors to certify incapacity: When does it take effect? Unless otherwise specified in the Power of Attorney for Health Care instrument (form) , an individual's Power of Attorney for Health Care takes effect upon a finding of incapacity by 2 physicians, as ...
by whaleknives
Fri Sep 30, 2016 1:32 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on the Retirement Crisis, Wells Fargo's Crackup, and 'Hamilton'
Replies: 4
Views: 1428

Re: Jack Bogle on the Retirement Crisis, Wells Fargo's Crackup, and 'Hamilton'

:thumbsup Thanks for the post. My daughter has interrupted her usual fiction for Alexander Hamilton by Ron Chernow.
by whaleknives
Sat Sep 24, 2016 7:07 am
Forum: Investing - Theory, News & General
Topic: Should synthetic ETFs be avoided?
Replies: 33
Views: 1904

Re: Should synthetic ETFs be avoided?

Don't forget to sign up for the daily prospectus newsletter.
by whaleknives
Fri Sep 23, 2016 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: New portfolio!
Replies: 6
Views: 404

Re: New portfolio!

Welcome, and congratulations on your careful reading of the Wiki. Two comments: ⋅ You have a 75/25 large cap/small cap split. Approximating total stock market shows 82/18 or 87/13, depending on whether you think the Institutional Index (VIIIX) is closer to the S&P 500 (VFINX) or Large ...
by whaleknives
Sat Sep 10, 2016 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security [iii]: Spouses [USA]
Replies: 13
Views: 1255

Re: Social Security [iii]: Spouses [USA]

. . . 1. will my spouse get both her own SS retirement benefit (from her own SS Tax history) PLUS spousal benefit (from my SS tax history)? No. If your spouse's benefit under her own earnings record is greater than half your Primary Insurance Amount (PIA) at Full Retirement Age (FRA), she will rece...
by whaleknives
Fri Sep 09, 2016 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Need help downloading Vanguard account. [Quicken download after convert to brokerage]
Replies: 1
Views: 229

Re: Need help downloading Vanguard account. [Quicken download after convert to brokerage]

I don't have a brokerage account, and no longer use Quicken, but I wonder if you've seen this Vanguard page: Technical FAQs—Downloading transactions to Quicken for Windows or Macintosh . It does address some changes from mutual fund to brokerage accounts. Also, you can try manually downloading a Qui...
by whaleknives
Thu Sep 08, 2016 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: REITS and S&P
Replies: 2
Views: 380

Re: REITS and S&P

My reading is that S&P hasn't taken REITs out of the S&P 500 index, they've only moved them from a "Financials Sector" to a "Real Estate Sector" under the Global Industry Classification Standard (GICS®). The S&P 500 will still have REIT holdings. Some writers feel tha...
by whaleknives
Wed Sep 07, 2016 7:02 pm
Forum: Personal Consumer Issues
Topic: Why is it hard to find >3 year old cheddar nowadays?
Replies: 22
Views: 2693

Re: Why is it hard to find >3 year old cheddar nowadays?

I think it's the price. 10-year cheddar ($23/lb) can be more than twice as much as uncooked boneless ribeye steak ($9/lb). Of course, you don't have to cook it.
by whaleknives
Mon Sep 05, 2016 4:26 pm
Forum: Investing - Theory, News & General
Topic: How to model a reverse mortgage into early retirement simulations?
Replies: 12
Views: 1327

Re: How to model a reverse mortgage into early retirement simulations?

. . .A reverse mortgage is not a lifetime annuity. Are you positive? I thought the whole point of tenure payments, and a huge component of the appeal of that type of reverse mortgage, was the lifetime income. What I quoted above continues on for another sentence: ..."The payments only stop whe...
by whaleknives
Mon Sep 05, 2016 1:01 pm
Forum: Investing - Theory, News & General
Topic: How to model a reverse mortgage into early retirement simulations?
Replies: 12
Views: 1327

Re: How to model a reverse mortgage into early retirement simulations?

Where did "monthly income for life" come from? The second to last row of the table says that the monthly term is "Tenure." It says here: http://www.reversemortgage.org/About/Types-of-Reverse-Mortgages/HECM-Payment-Options that "Tenure Payment" "provides borrowers ...
by whaleknives
Sun Sep 04, 2016 10:07 pm
Forum: Investing - Theory, News & General
Topic: How to model a reverse mortgage into early retirement simulations?
Replies: 12
Views: 1327

Re: How to model a reverse mortgage into early retirement simulations?

Whaleknives, I think you're saying that if I were using the default inputs, I'd want to input either $690.99 or $727.33 as monthly income for life. Or, where I suspect that monthly tenure payments might not exist in the market by the time I'd get a reverse mortgage, that I'd instead want to input $...
by whaleknives
Sun Sep 04, 2016 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: 401K (probably with high fees funds) or taxable account?
Replies: 15
Views: 1022

Re: 401K (probably with high fees funds) or taxable account?

I would put all your 401(k) contributions into the Dryden S&P 500 Index Fund 0.62%, and hold your bonds in your two Roth IRAs.

Here's some more info on the Traditional versus Roth choice. Depending on what you decide, some 401(k)s offer Roth options.
by whaleknives
Sat Sep 03, 2016 8:25 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 196
Views: 24438

Re: The Big Short

I finally got my library hold of The Big Short , and I think certain enablers have gotten off easy. Here's a copy of The Big Short script , and this is what I'm talking about: JARED ...when the market deems some bond too risky to buy, what do you think happens to it? We just warehouse them on our bo...
by whaleknives
Sat Sep 03, 2016 6:54 pm
Forum: Investing - Theory, News & General
Topic: How to model a reverse mortgage into early retirement simulations?
Replies: 12
Views: 1327

Re: How to model a reverse mortgage into early retirement simulations?

. . . I found the calculator that's been posted here before: http://www.reversemortgage.org/About/Reverse-Mortgage-Calculator. But I don't understand the output. I don't understand what each of the three columns is, and which of the numbers in them are the ones I'd put into the simulators. I also d...
by whaleknives
Fri Sep 02, 2016 5:35 pm
Forum: Investing - Theory, News & General
Topic: Calculating Future SS Benefits
Replies: 20
Views: 1203

Re: Calculating Future SS Benefits

. . . So, is there a quick and dirty method to interpolate the future SS estimates for me but retiring at 55 and not making anymore contributions between now and receiving my benefits 11-14 years from now? Take a look at Retirement Estimator in the Bogleheads Wiki and the Social Security website . ...
by whaleknives
Fri Sep 02, 2016 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review
Replies: 6
Views: 829

Re: Portfolio review

Welcome. You'll get better responses if you can provide the information in Asking Portfolio Questions , especially all expense ratios and fund tickers. Just edit your original post. In the meantime, ⋅ The robo-advisors must be programmed to buy more funds. Have you used a tool like Morning...
by whaleknives
Mon Aug 29, 2016 6:00 pm
Forum: Personal Consumer Issues
Topic: My beloved Subaru just bit the dust...now what?
Replies: 27
Views: 3002

Re: My beloved Subaru just bit the dust...now what?

Another vote for another Subaru. My total car history has been a used Pontiac Tempest, a new Ford Pinto, a new VW Rabbit, a new Plymouth Voyager, a used Subaru Legacy, a used Mazda Protege, and a used 2008 Subaru Legacy (in spite of being low on the list for Takata airbag recalls).
by whaleknives
Thu Aug 25, 2016 6:36 pm
Forum: Investing - Theory, News & General
Topic: "Ten Strategies for using a Reverse Mortgage to help fund retirement"
Replies: 13
Views: 1410

Re: "Ten Strategies for using a Reverse Mortgage to help fund retirement"

. . . Let's do the math: Principal draw down = 0 Accumulated interest = 0 Servicing fee imbedded in the interest rate = 0 Annual MIP = 1.25% of annual loan balance = 0 Fees paid with loan draw= 0 I keep coming up with 0 loan balance. Of course, this assumes the homeowner pays the closing costs with...
by whaleknives
Thu Aug 25, 2016 5:45 pm
Forum: Investing - Theory, News & General
Topic: "Ten Strategies for using a Reverse Mortgage to help fund retirement"
Replies: 13
Views: 1410

Re: "Ten Strategies for using a Reverse Mortgage to help fund retirement"

SuzBanyan wrote:. . .The annual amount looks easy to calculate each year during the life of the mortgage without predicting the future.

One of the many unknowns that would make calculating the present value of future payments difficult is how long the owners would stay in the home.
by whaleknives
Thu Aug 25, 2016 5:41 pm
Forum: Investing - Theory, News & General
Topic: "Ten Strategies for using a Reverse Mortgage to help fund retirement"
Replies: 13
Views: 1410

Re: "Ten Strategies for using a Reverse Mortgage to help fund retirement"

. . . The subsequent annual premium is a percentage of the accumulated loan balance, so those will be zero if the LOC is never tapped. . . Here's what the Consumer Financial Protection Bureau said about annual costs in 2012: 2.6.2 ONGOING COSTS & FEES Ongoing costs and fees consist of the month...
by whaleknives
Thu Aug 25, 2016 4:52 pm
Forum: Investing - Theory, News & General
Topic: "Ten Strategies for using a Reverse Mortgage to help fund retirement"
Replies: 13
Views: 1410

Re: "Ten Strategies for using a Reverse Mortgage to help fund retirement"

. . . According to Wayne Pfau and mlebuf, as well as my own reading, it is not universally true that the initial premium compounds if you take only the line of credit and no initial payouts. Some lenders will write a contract in which you agree to a higher interest rate formula in exchange for lend...
by whaleknives
Thu Aug 25, 2016 3:47 pm
Forum: Investing - Theory, News & General
Topic: "Ten Strategies for using a Reverse Mortgage to help fund retirement"
Replies: 13
Views: 1410

Re: "Ten Strategies for using a Reverse Mortgage to help fund retirement"

Sorry, I still haven't seen an answer to the question: How is the annual FHA insurance premium paid? Doesn't this only apply to houses with less than 20% equity? Do you really think a home with little equity would qualify for an FHA loan? The Home Equity Conversion Mortgage (HECM) being discussed h...
by whaleknives
Wed Aug 24, 2016 8:04 pm
Forum: Investing - Theory, News & General
Topic: "Ten Strategies for using a Reverse Mortgage to help fund retirement"
Replies: 13
Views: 1410

Re: "Ten Strategies for using a Reverse Mortgage to help fund retirement"

Sorry, I still haven't seen an answer to the question: How is the annual FHA insurance premium paid?
by whaleknives
Sun Aug 21, 2016 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: SS question on spousal benefit
Replies: 5
Views: 927

Re: SS question on spousal benefit

Here is a Social Security calculator for spouse's benefit, based on when she files, as ObliviousInvestor said.

Here is some info on the survivor benefit, which would change if your benefit was reduced.
by whaleknives
Tue Aug 16, 2016 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: SS payments at 70 when retiring at 65
Replies: 4
Views: 893

Re: SS payments at 70 when retiring at 65

You can use the Social Security Retirement Estimator to zero your future income and estimate your benefit. You can enter multiple ages to stop work with the "Add a New Estimate" button; future earnings will stop and benefits will start at that age. Benefit filing and stop-work ages cannot ...
by whaleknives
Tue Aug 16, 2016 12:40 pm
Forum: Personal Consumer Issues
Topic: Medicare Part D
Replies: 17
Views: 1353

Re: Medicare Part D

Ok, so what are "tiers"? I see that some drugs are in different tiers for different plans, although all are generic. And how in the world does one anticipate a drug that might be needed in the future? The drug out-of-pocket cost groups in the insurance plan, from lowest to highest. Here i...

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