Search found 942 matches

by whaleknives
Sun Feb 26, 2017 8:57 pm
Forum: Investing - Theory, News & General
Topic: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??
Replies: 13
Views: 1070

Re: News Article Today: Index Investing Unmasked: 96% Of Stocks Are Garbage. What does this mean??

Yes, the author is trying to sell active funds. Here is some Wiki information on index fund issues, including front running, expenses and tracking error. Does it mean that you're secretly being charged more than you think for your index funds? No.
by whaleknives
Sat Feb 25, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Backpackers- weight vs utility question
Replies: 31
Views: 1544

Re: Backpackers- weight vs utility question

I've taken folding camp chairs canoe camping in the Boundary Waters, but would never consider backpacking with them. See if you can find an old copy of The Complete Walker by Colin Fletcher.
by whaleknives
Wed Feb 22, 2017 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on Time shares
Replies: 107
Views: 6140

Re: BH thoughts on Time shares

And I'd like some comments on who has been able to use timeshares at the time and place they wanted. "Why in the world would you pay thousands and thousands of your hard-earned dollars for a place with minimal square-footage that you might get the chance to visit for one week each year? Add to ...
by whaleknives
Fri Feb 17, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: What to ask puppy breeder?
Replies: 43
Views: 1582

Re: What to ask puppy breeder?

See Cavalier King Charles Spaniel Health , if you haven't already. It's interesting that all purebred Cavs today are descended from only 6 dogs, and exhibit what's known as "founder effect", passing on a significant proportion of hereditary problems. DetroitRick and katietsu may have a goo...
by whaleknives
Mon Feb 13, 2017 5:21 pm
Forum: Personal Consumer Issues
Topic: How long do you keep your kitchen sponge?
Replies: 44
Views: 3500

Re: How long do you keep your kitchen sponge?

Just use the dishwasher, and toss them when they don't come out clean. :D
by whaleknives
Mon Feb 13, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: IRS forms for 2017, when available ?
Replies: 4
Views: 318

Re: IRS forms for 2017, when available ?

Your link shows these posting dates for the 2016 1040: Revision Posted Form 1040 U.S. Individual Income Tax Return 2016 11/29/2016 Inst 1040 Instructions for Form 1040, U.S. Individual Income Tax Return 2016 12/20/2016 On the other hand, the tax bracket, standard deduction, and exemption amounts for...
by whaleknives
Sun Feb 12, 2017 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: transfer from vanguard
Replies: 8
Views: 667

Re: transfer from vanguard

I added a bank to a Vanguard account last month in 3 business days online, and ACH transfers online usually take an additional 3 business days, for a minimum of 6 business days total. I would call Vanguard to see what they recommend for your 10-day timeframe.
by whaleknives
Thu Feb 02, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: paying quarterly taxes-when?
Replies: 2
Views: 252

Re: paying quarterly taxes-when?

Here's an IRS summary for Estimated Taxes , including quarterly due dates (which are not true quarters). It's a 2016 document, so you should look for a 2017 version eventually. Check with the California department of revenue to see if they have this typical "safe harbor" to avoid underpaym...
by whaleknives
Sat Jan 28, 2017 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Simplification Needed!
Replies: 10
Views: 1094

Re: Simplification Needed!

. . . I foolishly thought I would like to spend lots of time on investing, researching companies, looking at ways to improve returns and learning from my mistakes. . . It doesn't matter that your active investing time went down the drain, because the best funds change annually, and all the planning...
by whaleknives
Fri Jan 27, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax is playing games again.
Replies: 52
Views: 9415

Re: TurboTax is playing games again.

But this year they couldn't (or didn't bother to) explain why they showed my Federal tax as $1200 more than my spreadsheet and manual calculations. Curious, where was TaxACTs error? Just because your calculations and the other programs agree, doesn't mean the error lies with TaxACT. Yes, TaxACT was...
by whaleknives
Thu Jan 26, 2017 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax is playing games again.
Replies: 52
Views: 9415

Re: TurboTax is playing games again.

TaxAct is the cheapest . . . why not just use them? Admittedly, they are less cheap since getting bought out a year ago, but they are still the cheapest. +1 :happy I changed from TurboTax to TaxAct in 2014 after 5 years of price increases,and was well satified, even when TaxAct had me redo my state...
by whaleknives
Sun Jan 22, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security calculations w/early retirement
Replies: 6
Views: 731

Re: Social Security calculations w/early retirement

And, for a review of the many benefit calculators offered by Social Security, the Wiki: https://www.bogleheads.org/wiki/Tools_and_calculators#Social_Security_Administration . The SSA recommends Retirement Estimator and Detailed Calculator (AnyPIA) for the best results. These allow you to set average...
by whaleknives
Mon Jan 09, 2017 9:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard International Index Returns
Replies: 20
Views: 2915

Re: Vanguard International Index Returns

Would you have noticed, or cared, that Mr. Bogle did not invest internationally if international stocks had been outperforming domestic instead of the other way around? Trying to 'fix' the parts of your portfolio that are underperforming is a recipe for selling low and buying high. :thumbsup This. ...
by whaleknives
Sun Jan 08, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Ally Website and Mobile Banking Down???
Replies: 10
Views: 653

Re: Ally Website and Mobile Banking Down???

I was disappointed to learn today that scheduled, recurring transfers are excluded from next day ACH timing. I would have thought that more lead time would make it easier. :D
by whaleknives
Sat Jan 07, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Callan Periodic Table of Investment Returns
Replies: 1
Views: 533

Re: Callan Periodic Table of Investment Returns

It looks like the Wiki 2015 update was posted by LadyGeek on 1/14/16. That's the latest version on the Callan website.
by whaleknives
Sat Jan 07, 2017 5:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard International Index Returns
Replies: 20
Views: 2915

Re: Vanguard International Index Returns

Here's a recent thread on international. Note the comment on the Callan Periodic Table (click on the table for a more legible version).
by whaleknives
Wed Jan 04, 2017 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: How many of you did a Roth conversion the first day of 2017
Replies: 48
Views: 3776

Re: How many of you did a Roth conversion the first day of 2017

FIREchief wrote:I may have been mistaken. Just do what you think is best. 8-)

That's what I'm doing. 8-)
by whaleknives
Tue Jan 03, 2017 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: How many of you did a Roth conversion the first day of 2017
Replies: 48
Views: 3776

Re: How many of you did a Roth conversion the first day of 2017

I couldn't manage it until January 21 last year. I want to finish last year's tax return and a current year estimate before I decide on the Roth conversion amount, and I'm at the mercy of the latest tax form. You could always shoot for the max and do a partial recharacterization if you overshoot. 8...
by whaleknives
Tue Jan 03, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: How many of you did a Roth conversion the first day of 2017
Replies: 48
Views: 3776

Re: How many of you did a Roth conversion the first day of 2017

I couldn't manage it until January 21 last year. I want to finish last year's tax return and a current year estimate before I decide on the Roth conversion amount, and I'm at the mercy of the latest tax form.
by whaleknives
Tue Jan 03, 2017 10:28 pm
Forum: Forum Issues and Administration
Topic: How to post a draft
Replies: 3
Views: 375

Re: How to post a draft

Find your saved draft: Forum>User Control Panel (in username dropdown menu)>Manage Drafts (in 1st Overview tab). When you find the draft, click <Load draft> in the "Saved At" column, and not the draft title or topic. The draft will appear in the familiar post editing and submittal window. ...
by whaleknives
Sun Jan 01, 2017 1:52 pm
Forum: Forum Issues and Administration
Topic: Bogleheads is back!
Replies: 21
Views: 3932

Re: Bogleheads is back!

Strangely enough, the Bogleheads Wiki was up at https://www.bogleheads.org/wiki. You could still get your hit. :sharebeer
by whaleknives
Fri Dec 23, 2016 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: CareCredit for medical expenses?
Replies: 6
Views: 599

Re: CareCredit for medical expenses?

This is standard practice for many who need to match income to medical expenses not covered by insurance. My younger daughter has used one for provider charges only, so I don't know the rules on travel, lodging and other costs.

Send me a PM if you want me to ask her.
by whaleknives
Fri Dec 23, 2016 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: How should I treat equities when evaluating my asset allocation?
Replies: 17
Views: 1087

Re: How should I treat equities when evaluating my asset allocation?

How about "very specialized sector funds"? :D

What you call them will matter less as their share decreases. But they sound like US stocks.
by whaleknives
Mon Dec 19, 2016 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion Taxes...where to send, when to pay?
Replies: 14
Views: 1640

Re: Roth Conversion Taxes...where to send, when to pay?

Tax-deferred funds transferred to a Roth account are considered income for that year. To avoid reducing your tax-advantaged total, it's generally recommended that you not withhold taxes from the transfer. The IRS expects you to pay estimated taxes quarterly (as they define quarters) on income where ...
by whaleknives
Sun Dec 11, 2016 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Best/ safest way to access Vanguard account online?
Replies: 16
Views: 2067

Re: Best/ safest way to access Vanguard account online?

⋅ Enable the two-factor security code in My accounts>Account maintenance>Security profile>Security code: "We'll send your security code using the phone number and contact method you've chosen during enrollment. You can choose to use a security code every time you log on or only if we...
by whaleknives
Sun Dec 11, 2016 1:00 pm
Forum: Investing - Theory, News & General
Topic: Explain why Rebalancing isn't Market Timing?
Replies: 241
Views: 9160

Re: Explain why Rebalancing isn't Market Timing?

IF the market is at a multi year high, and the investor feels nervous of a decline, and changes their risk tolerance from 75/25 to 25/75 (S/B), is that a change in asset allocation, and hence rebalancing, or is it market timing? Seems really arbitrary. Lets say the same investor is at 60/40, decide...
by whaleknives
Sat Dec 10, 2016 7:45 pm
Forum: Personal Consumer Issues
Topic: Maybe I don't know how to rent a car?
Replies: 17
Views: 2085

Re: Maybe I don't know how to rent a car?

My last, infrequent experience was similar: reserved a van, was offered a small, Jeep-like vehicle - even bystanders were complaining that it was too small, and finally after much delay, left with a Chryler 300. At least we all fit. This is the perfect thread for With Uber and Lyft Nearby, Rental Ca...
by whaleknives
Fri Dec 09, 2016 1:29 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new "account overview" page... BOO!
Replies: 98
Views: 8842

Re: Vanguard's new "account overview" page... BOO!

I assume they're doing this so it looks good on tablets and phones. These days there are quite a few people that access the internet this way. As time goes on people will use laptops and desktops less. The usual course is to design websites with different appearances on mobile than on desktop. I'm ...
by whaleknives
Thu Dec 08, 2016 4:34 pm
Forum: Investing - Theory, News & General
Topic: Explain why Rebalancing isn't Market Timing?
Replies: 241
Views: 9160

Re: Explain why Rebalancing isn't Market Timing?

I'm replying after first seeing this question, without reading the 70 odd previous responses: How can it be market timing, if you rebalance when you reach your bands, or on a fixed schedule? I personally do it with 5% absolute/25% relative bands , since it seems to be less arbitary than a fixed sche...
by whaleknives
Fri Dec 02, 2016 6:04 pm
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 127
Views: 6432

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: 127
Views: 6432

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: 127
Views: 6432

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: 1133

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: 2581

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: 661

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: 661

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: 4056

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: 4056

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: 18
Views: 1731

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: 945

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: 1952

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: 652

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: 848

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: 3804

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: 2400

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: 102
Views: 10662

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: 8536

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: 986

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: 1349

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.

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