Search found 17 matches

by EricBackus
Mon Nov 19, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: Headlamp for dog walking
Replies: 32
Views: 2399

Re: Headlamp for dog walking

I've used a Black Diamond "Sprinter" headlamp for several years of dog walking. In the winter I use it daily for 30+ minutes/day. It holds a charge pretty well even after several years of use, and can be recharged via USB. It's bright (and adjustable) and has flashing red lights facing backwards. It...
by EricBackus
Fri Aug 31, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion and Roth Withdrawal in the same year?
Replies: 3
Views: 646

Re: Roth Conversion and Roth Withdrawal in the same year?

Thanks to both of you! I'm glad to hear that this is legitimate. I expect I'll be making at least some use of this in the coming years. I've heard of Roth conversion ladders, but never thought much about them because I assumed they don't really apply to me. Somehow I never made the connection that I...
by EricBackus
Thu Aug 30, 2018 12:32 am
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion and Roth Withdrawal in the same year?
Replies: 3
Views: 646

Roth Conversion and Roth Withdrawal in the same year?

I think I know the rules about IRAs and withdrawals pretty well, but this seems a little bit like a loophole, so I want to make sure it is legitimate. Concrete example: Couple, age 49, starts contributing $5000 to a Roth IRA and $5000 to a Traditional IRA each year for 5 years. For simplicity, assum...
by EricBackus
Sun Jun 18, 2017 5:44 am
Forum: Personal Consumer Issues
Topic: Beware Citibank Bonus Promotion
Replies: 39
Views: 9222

Re: Beware Citibank Bonus Promotion

I put $50,000 for the $500 bonus. It was represented to me as 90 days. Upon reading the fine print, it's 60 days after you meet the 90 day requirement, which makes it a lower interest rate. I did one of these last year. I did get the money eventually, but it required a couple calls to Citibank befo...
by EricBackus
Wed May 24, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: Risks of electronic access
Replies: 57
Views: 6598

Re: Risks of electronic access

No end user computer product is going to protect you against DNS pirates, rogue ads on banking sites and so on because they are attacks on the bank's software infrastructure rather than on the end user's system. Rogue ads can easily be attacks on the end user's system. You would hope that banks are...
by EricBackus
Tue May 23, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Risks of electronic access
Replies: 57
Views: 6598

Re: Risks of electronic access

A good alternative to a dedicated computer is using a boot DVD loaded with an operating system. This guarantees returning to a known starting point after each session, something not necessarily true for a dedicated computer. I have to disagree on this one. It sounds good until you think about all t...
by EricBackus
Mon May 22, 2017 8:43 pm
Forum: Personal Consumer Issues
Topic: Risks of electronic access
Replies: 57
Views: 6598

Re: Risks of electronic access

A good alternative to a dedicated computer is using a boot DVD loaded with an operating system. This guarantees returning to a known starting point after each session, something not necessarily true for a dedicated computer. I have to disagree on this one. It sounds good until you think about all t...
by EricBackus
Sun Mar 26, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Ally vs Discover
Replies: 20
Views: 9102

Re: Ally vs Discover

TomatoBoy wrote:Does anyone here have experience and can you speak to the functionality of the two-factor authentication with these banks?
I've used Ally for 6 months. Savings account only, no checking account. I don't connect very often, but I do use two-factor authentication, and have not had any problems.
by EricBackus
Mon Jul 18, 2016 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Replacement for USAGX and PRNEX
Replies: 3
Views: 572

Re: Replacement for USAGX and PRNEX

Thanks for the response! I will probably go ahead with Vanguard Precious Metals and Mining (VGPMX) as a replacement for USAA Precious Metals and Minerals (USAGX). And thanks in particular for the idea of using Vanguard Energy (VGENX) as somewhat of a replacement for T. Row Price New Era (PRNEX). It ...
by EricBackus
Fri Jul 15, 2016 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Replacement for USAGX and PRNEX
Replies: 3
Views: 572

Replacement for USAGX and PRNEX

Hello fellow Bogleheads, I have small investments in USAGX (USAA Precious Metals and Minerals) (ER=1.25%), and PRNEX (T. Row Price New Era Fund) (ER=0.67%). These funds are only a trivial portion of my overall portfolio, and probably I shouldn't hold them at all. But let's assume I don't want to jus...
by EricBackus
Fri Jun 17, 2016 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Comparing TIAA and Vanguard Funds Based on Different Indices
Replies: 1
Views: 568

Re: Comparing TIAA and Vanguard Funds Based on Different Indices

2. International Developed Markets. I have a choice between (a) TIAA-CREF International Equity Index Fund, Institutional Class (TCIEX), 0.06% ER, based on the MSCI EAFE Index and (b) Vanguard Developed Markets Index Fund, Admiral Class (VTMGX), 0.09% ER, based on FTSE Developed All Cap ex US Index....
by EricBackus
Thu Apr 28, 2016 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Long-term Allocation
Replies: 30
Views: 2663

Re: Help with Long-term Allocation

I'm not sure I have the stomach to withstand a 30% drop, but can only hope that I will stick to the plan in a real world market crash. I'm a little late to this discussion, but this really stood out to me. Remember that the market overall has dropped ~50%, twice in the last 20 years. It appears you...
by EricBackus
Thu Apr 14, 2016 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in Roth IRA this year?
Replies: 3
Views: 486

Re: Should I invest in Roth IRA this year?

Thanks for your reply. This is for 2015 Roth, so I only have a few days left. :) I have some other reserves in taxable, but they're involved in getting me a $500 bonus for opening a checking account, so I don't want to use them. I could, but I think the $500 bonus is worth more than the taxes we're ...
by EricBackus
Thu Apr 14, 2016 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in Roth IRA this year?
Replies: 3
Views: 486

Should I invest in Roth IRA this year?

I've always invested in my Roth IRA every year, but this year I've been thinking more about it, and I'm not sure whether I really should. This year the only money I have available for the Roth IRA would come from selling funds in my taxable account. These funds were involved in tax loss harvesting l...
by EricBackus
Tue Nov 03, 2015 2:23 pm
Forum: Investing - Theory, News & General
Topic: CD 5-Year Report Card
Replies: 50
Views: 9401

Re: CD 5-Year Report Card

Thanks for your work, it is very interesting! I'm curious about the "return/risk" metric that you use to compare the CD with bonds. Is there some theory for why this is a good metric? Suppose instead you used "return/(risk^2)", or "return*2 - risk". Not that I'm saying those would be useful metrics,...
by EricBackus
Fri Sep 11, 2015 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Help with retirement planning
Replies: 9
Views: 941

Re: Help with retirement planning

...She should get an additional 8% for waiting 1 year which would bring the amount above $3k per month. She would get an addition 8% of her PIA, not of the age 69 Social Security income. Presumably the value in the original post is the Social Security she would get at age 69, which is 24% larger th...
by EricBackus
Wed Jul 15, 2015 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Longtime Insurance Customers Get Ripped [overcharged]
Replies: 106
Views: 25832

Re: Longtime Insurance Customers Get Ripped [overcharged]

I could qualify for USAA via my husband. However, you needed to join USAA first before getting a quote. Since I'm seeing that USAA isn't what it used to be, I skipped them. I don't want the hassle of being in their email database. I've been with USAA for many years, and I've been happy with them. I...