Search found 1036 matches

by SeeMoe
Fri Mar 29, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement: What expenses did you reduce?
Replies: 63
Views: 4148

Re: Retirement: What expenses did you reduce?

We moved to a very nice CCRC and all maintenance issues are taken care promptly. No more snow shoveling. Very nice flower garden and grass cutting is done for us too. No mortgage or taxes to be concerned with. Doctors are on call. Good food menu. Country setting, but near big name medical centers. S...
by SeeMoe
Sat Mar 23, 2019 7:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Intermediate Corporate Bond Fund ?
Replies: 6
Views: 679

Re: Vanguard Intermediate Corporate Bond Fund ?

Have it in a mutual fund Admiral and it has been very good to us over the years. No complaints.
Same for the short term corporate fund.
Ditto the high yield also.
All 3 are in our T-IRA accounts which are 100% bond funds now that RMD’s have commenced...

Moe... :dollar
by SeeMoe
Mon Mar 18, 2019 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 522
Views: 56908

Re: Fidelity as a one stop shop

Agree with the other replies: Fidelity has everything you need. If you happen to qualify for high net worth designation, you're in gravy. If you live close to a Fido branch, drive there with all your account information and they will take care of the paperwork. Easy to do online as well. Fidelity a...
by SeeMoe
Sun Feb 24, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: move from accountant to turbotax?
Replies: 12
Views: 817

Re: move from accountant to turbotax?

We have an efficient tax accountant who is very savvy with the latest IRS forms and whatnot. Her fees are fair too. Thanks to the 2018 tax cut our taxes were overpaid, and our 2019 ES taxes are minimal. I can just imagine the headaches trying to do our taxes, and how I would probably wind up paying ...
by SeeMoe
Wed Feb 20, 2019 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Fast turnaround on Federal Tax
Replies: 40
Views: 3658

Re: Fast turnaround on Federal Tax

barnaclebob wrote:
Tue Feb 19, 2019 2:15 pm
joe8d wrote:
Wed Feb 13, 2019 8:49 pm
True Bogleheads do not get Tax Refunds.
Gatekeeping
Agree. The CPA does our taxes and the 2018 tax cut was very evident! So evident that we owe very little per the 2019 ES tax estimate....

Moe... :dollar
by SeeMoe
Sat Jan 19, 2019 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 179
Views: 17463

Re: What I spent in 6 months on medicare

Really cheap with top notch medical coverage in my opinion. We are your age and the costs you quote are close to ours. Really nice of the government to subsidize us so well. SS too. Nice Reminder. Thanks. SeeMoe.. :greedy Perhaps "Low Cost" is a better term than "cheap" 8-) Our (DW and I) lower cos...
by SeeMoe
Thu Jan 17, 2019 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 179
Views: 17463

Re: What I spent in 6 months on medicare

Really cheap with top notch medical coverage in my opinion. We are your age and the costs you quote are close to ours. Really nice of the government to subsidize us so well. SS too.

Nice Reminder. Thanks.

SeeMoe.. :greedy
by SeeMoe
Mon Jan 14, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 120
Views: 7842

Re: 457 vs 403b

We both started our 457 investing in the early 1980’s along with T-IRA accounts and maxed them all out until retiring. Only had a limited number of mutual funds to choose from then, but that was ok and we kept the AA mix at 60/40 , doing very well during those fabulous investing years as we fondly r...
by SeeMoe
Fri Jan 04, 2019 11:33 pm
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 245
Views: 16117

Re: If riskier than US, why doesn't international outperform?

A vexing question that I often wonder about too..? So , as a retiree, I’ve declined the Vanguard 50% model for 20% and sleep better with it. Folio is currently 41/52/7mm..

SeeMoe.. :?:
by SeeMoe
Mon Dec 31, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: How to convert someone to be a boglehead...
Replies: 18
Views: 1236

Re: How to convert someone to be a boglehead...

My in-laws all use financial planners who then direct their funds into load funds. They like the idea of having a professional take care of them, and reassure them that their money is in good hands, and not to worry, Etc. So they pay their fees instead of trusting themselves with the Bogleheads/Vang...
by SeeMoe
Sat Dec 29, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to pay off med school loans
Replies: 18
Views: 1562

Re: Best way to pay off med school loans

Is it to late to volunteer to be a military doctor for say, 3-5 years and then the loans are paid off while receiving more schooling, OJT, good pay and benefits too...

SeeMoe :?:
by SeeMoe
Thu Dec 27, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Wow, Behaviorial Finance is Real
Replies: 49
Views: 9121

Re: Wow, Behaviorial Finance is Real

Greed and Fear will always be the great “ behavorial” motivators to the little investor! With Fear outpacing Greed by far when the ndicators suddenly begin to weave, shake and then drop precipitously. The faster the drop, the more the panic kicks in to sell! That’s the time to turn off the talking ...
by SeeMoe
Thu Dec 27, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: There are only 2 things you need to do to survive when stock prices are falling, according to Warren Buffett
Replies: 1
Views: 1288

Re: There are only 2 things you need to do to survive when stock prices are falling, according to Warren Buffett

How true. Mr. Buffett is a savvy investor with many bulls and bears under his belt over the years, and his advice is right on target,...as usual for this genius.

SeeMoe. :beer
by SeeMoe
Thu Dec 27, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: a reminder that the best days in the market often follow the worst ones
Replies: 9
Views: 1898

Re: a reminder that the best days in the market often follow the worst ones

My retiree folios of 44/51/6mm AA are getting a real world workout in this topy turvy market of late,...and doing ok! Very pleased so far despite the evident Bear Market we are now experiencing. It had to happen sometime, and let’s hope it blows over in a short duration of, say, 6 months or so... Se...
by SeeMoe
Wed Dec 26, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Wow, Behaviorial Finance is Real
Replies: 49
Views: 9121

Re: Wow, Behaviorial Finance is Real

Greed and Fear will always be the great “ behavorial” motivators to the little investor! With Fear outpacing Greed by far when the ndicators suddenly begin to weave, shake and then drop precipitously. The faster the drop, the more the panic kicks in to sell! That’s the time to turn off the talking h...
by SeeMoe
Tue Dec 25, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 29
Views: 4905

Re: How is Vanguard Prime Money Market earning over 2%

When Prime Money Market began increasing its dividends the past year, I began directing all of our retiree monies to this holding fund of ours , big time! Glad we did now too with this choppy market heading south, maybe. And , at the current 2.38%, rate, we will continue to do so as it’s a convenien...
by SeeMoe
Thu Dec 06, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Has Anyone Paid 1041-ES Using A Credit Card?
Replies: 2
Views: 465

Re: Has Anyone Paid 1041-ES Using A Credit Card?

No, but a wonderful idea! We have been paying this ES fee via our Credit Unions automatic billpayer Service every quarter, but the billpayer checks only allow 20 characters and a clerk warned us that that could be a problem, says to use snail mail with the ES stubs which I find to be tedious and I ...
by SeeMoe
Thu Dec 06, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Has Anyone Paid 1041-ES Using A Credit Card?
Replies: 2
Views: 465

Re: Has Anyone Paid 1041-ES Using A Credit Card?

No, but a wonderful idea! We have been paying this ES fee via our Credit Unions automatic billpayer Service every quarter, but the billpayer checks only allow 20 characters and a clerk warned us that that could be a problem, says to use snail mail with the ES stubs which I find to be tedious and I f...
by SeeMoe
Tue Dec 04, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Today was a good day to be diversified
Replies: 21
Views: 4405

Re: Today was a good day to be diversified

It was a smart day to have an Asset Allocation plan that can take heavy hits and still stand tall! Diversification is the other leg. Our retiree 43s/51b/6mm did well today. Or at least it rolled with the heavy blows well....

SeeMoe.. :shock:
by SeeMoe
Sun Dec 02, 2018 9:27 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 20430

Re: Bogle Sounds a Warning on Index Funds

Mr. Fink of Black Rock has advised CEO’s to be more cognizant of the shareholders as Index Funds expand exponentially owning half of all stock shares soon. Maybe it will be the Indexes who finally rein-in the ever growing CEO salaries and instead give more dollars over to the shareholders? SeeMoe.. ...
by SeeMoe
Sun Dec 02, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Rules of thumb for allocation/exposure
Replies: 29
Views: 2315

Re: Rules of thumb for allocation/exposure

As stated above, everyone is different per their amount of investments, pension income, health, Etc. Still like the rule of 100 as a basic guide though. We had a 60/40 allocation for years until the RMD’s started and we then converted the two T-IRA accounts into 100% bond funds. Our excellent pensio...
by SeeMoe
Sat Dec 01, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee Health Insurance
Replies: 20
Views: 896

Re: Federal Employee Health Insurance

If they offer an Aetna PPO plan, take it! As civil service retirees that’s what our agency offers, along with the standard HMO’s that we find to be too restrictive.

SeeMoe.. :beer
by SeeMoe
Wed Nov 28, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Are Corp Bonds Worth Risk?
Replies: 66
Views: 5939

Re: Larry Swedroe: Are Corp Bonds Worth Risk?

We’ve had Vanguard’s high yield bonds forever, and now they make-up about 8% of the folio in Admiral shares. They are paying over 6% interest now and have lost about 0.44 cents a share in the past year. But no big deal. I like to gauge the stock market by how our high yields are doing, and today the...
by SeeMoe
Mon Nov 26, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: A lot of us expected a US stock "pull back" is this it?
Replies: 61
Views: 8673

Re: A lot of us expected a US stock "pull back" is this it?

Yes, this is it! It feels like the beginning of a moderate market pullback to me. How do I know this? I dunno, it is just a gut feeling is all. Caution: my gut feelings have a 50/50 record, and have never been spot on when the shift will occur. Sometimes off by a year or more my records so indicate....
by SeeMoe
Mon Nov 26, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: I'm so CHEAP! Don't think it is healthy.
Replies: 36
Views: 6974

Re: I'm so CHEAP! Don't think it is healthy.

Being cheap is ok to a point. We were frugal per dining out and treating ourselves to lunch at work, but still took quality vacations every year and bought quality products when necessary. Being cheap, we found Vanguard and saved about 20% of our net pay in taxable and DCP accounts over the years. O...
by SeeMoe
Mon Nov 26, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Reducing number of funds by supplementing LifeStrategy
Replies: 16
Views: 2251

Re: Reducing number of funds by supplementing LifeStrategy

snailderby wrote:
Mon Nov 26, 2018 7:19 am
OP,

Have you read this thread about Paul Merriman's two fund portfolio (target date fund + small-cap value)? See viewtopic.php?t=262367.
I like a lot of what Paul has to say, even a two fund folio.

SeeMoe.. :o
by SeeMoe
Sun Nov 25, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: Do you need to invest mostly in stocks to get rich?
Replies: 178
Views: 17570

Re: Do you need to invest mostly in stocks to get rich?

No. I/we got rich on a 60/40 folio starting in the early 1980’s in mutual funds. Thanks to T-IRA’s and 457b plans, plus a taxable account by investing 20% of our pay for years. Sometimes more! The 4 DCP’s really were a blessing with their substantial tax savings, allowing us to invest more in the ta...
by SeeMoe
Sat Nov 24, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: Reducing number of funds by supplementing LifeStrategy
Replies: 16
Views: 2251

Re: Reducing number of funds by supplementing LifeStrategy

Our Olde advisor said to never use balanced funds because it’s better to have stocks and bonds separately held in the event one needs to sell some off . Then sell the one that is doing well . Makes sense too., don’t you think? Certainly if you have separate funds you should prioritize withdrawals f...
by SeeMoe
Fri Nov 23, 2018 5:34 pm
Forum: Personal Investments
Topic: Developed Mkts vs Total International, other..
Replies: 16
Views: 1779

Re: Developed Mkts vs Total International, other..

From time to time I have thought about this. Here is what I understand. Risk and return are linked. EM and small caps have both higher risk and higher return since risk and return are linked. Bonds have both lower risk and lower returns since risk and return are linked. If you want to lower your ri...
by SeeMoe
Fri Nov 23, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: Reducing number of funds by supplementing LifeStrategy
Replies: 16
Views: 2251

Re: Reducing number of funds by supplementing LifeStrategy

Our Olde advisor said to never use balanced funds because it’s better to have stocks and bonds separately held in the event one needs to sell some off . Then sell the one that is doing well . Makes sense too., don’t you think?

SeeMoe.. :shock:
by SeeMoe
Thu Nov 22, 2018 3:00 pm
Forum: Personal Investments
Topic: Developed Mkts vs Total International, other..
Replies: 16
Views: 1779

Re: Vanguard Experts

SeeMoe: When I am undecided, I figure the Vanguard experts know more than I do. Best wishes. Taylor Yes, I’ll keep that in mind when doing the yearly tune-up that I have neglected of late in that I don’t want to hear that my portfolio has become tops-turvy, perhaps Taylor. Keep it simple is the bes...
by SeeMoe
Thu Nov 22, 2018 2:26 pm
Forum: Personal Investments
Topic: Developed Mkts vs Total International, other..
Replies: 16
Views: 1779

Re: Developed Mkts vs Total International, other..

We are in the process of doing a portfolio analysis, as explained in an earlier post on this site, and its a Retiree folio and will be free for FLAGSHIP customers like us. I have no idea what this is about. A "Retiree folio"? I think the free planning options have been cut out of Flagship benefits ...
by SeeMoe
Thu Nov 22, 2018 1:18 pm
Forum: Personal Investments
Topic: Developed Mkts vs Total International, other..
Replies: 16
Views: 1779

Re: Developed Mkts vs Total International, other..

I don't really know what a Flagship or a VPAS are in an investment context, but if you're speaking of taxable accounts, there could be significant tax consequences of doing an exchange. I would not exclude emerging markets because it has done poorly recently. This is recency bias writ large. Howeve...
by SeeMoe
Thu Nov 22, 2018 10:42 am
Forum: Personal Investments
Topic: Developed Mkts vs Total International, other..
Replies: 16
Views: 1779

Re: Developed Mkts vs Total International, other..

By doing an exchange there are no tax liabilities involved, correct? As noted earlier, if this is in a taxable account there will absolutely be tax implications. An "exchange" is the same thing as a sale of one asset and a purchase of another to the IRS. If there's a sale there's a taxable event. I...
by SeeMoe
Wed Nov 21, 2018 8:39 pm
Forum: Personal Investments
Topic: Developed Mkts vs Total International, other..
Replies: 16
Views: 1779

Developed Mkts vs Total International, other..

We are in the process of doing a portfolio analysis, as explained in an earlier post on this site, and its a Retiree folio and will be free for FLAGSHIP customers like us.Several of our folio funds were suggested to us when we were briefly VPAS members. One being "the Total international stock marke...
by SeeMoe
Wed Nov 21, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card for International Travel
Replies: 67
Views: 6886

Re: Credit Card for International Travel

We always have used our VISA card without any extra charges or problems in foreign countries to include Russia and Korea. Byhard experience though we learned to always travel with two VISA cards with one issued to each person in case one is lost or more likely stolen!

SeeMoe :oops:
by SeeMoe
Mon Nov 19, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Incompetent home inspector - what to do?
Replies: 52
Views: 5302

Re: Incompetent home inspector - what to do?

We had a similar problem when selling our house and the buyer had a Government loan that required strict Inspection procedures. The house was fairly new, but the inspectors found several areas that needed fixing and reinspection. So we had them done and ate the costs! Did that with two properties t...
by SeeMoe
Sun Nov 18, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1717

Re: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

Here's a previous discussion of the questions you need to ask (of yourself or your advisor): Give your portfolio an annual checkup Wonderful post! Just mailed myself a copy and will adjust it to a senior retirees questionnaire for the Flagship Rep. , after he gives his standard spiel as I anticipat...
by SeeMoe
Sun Nov 18, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Incompetent home inspector - what to do?
Replies: 52
Views: 5302

Re: Incompetent home inspector - what to do?

We had a similar problem when selling our house and the buyer had a Government loan that required strict Inspection procedures. The house was fairly new, but the inspectors found several areas that needed fixing and reinspection. So we had them done and ate the costs! Did that with two properties th...
by SeeMoe
Sat Nov 17, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1717

Re: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

My problem (and it's a good problem) is that almost all my holdings have substantial capital gains, so any tune-up of my portfolio will cost me money in taxes. At this point (I'm 80+) I think I will just hold on till the step-up in basis happens. It's mostly VG index funds, sort of the usual mix bu...
by SeeMoe
Sat Nov 17, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1717

Re: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

I'm not sure that there's much Vanguard could do to help you out. It seems like what you have is working. It does seem like you are investing for your heirs at this point. If that's the case would you want to make any changes? Funny thing happened over the years as we aged and accumulated more weal...
by SeeMoe
Sat Nov 17, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1717

Re: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

coffeehubcap wrote:
Sat Nov 17, 2018 4:32 pm
Where's your 5 star CCRC community?
Where? Western Lancaster county. There are several excellent CCRC communities here in Lancaster county and the employees are first rate, hard working local people. Sure beats the big city, IMHO...

SeeMoe.. :beer
by SeeMoe
Sat Nov 17, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1717

Re: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

My problem (and it's a good problem) is that almost all my holdings have substantial capital gains, so any tune-up of my portfolio will cost me money in taxes. At this point (I'm 80+) I think I will just hold on till the step-up in basis happens. It's mostly VG index funds, sort of the usual mix bu...
by SeeMoe
Sat Nov 17, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1717

Re: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

I'm not sure that there's much Vanguard could do to help you out. It seems like what you have is working. It does seem like you are investing for your heirs at this point. If that's the case would you want to make any changes? Funny thing happened over the years as we aged and accumulated more weal...
by SeeMoe
Sat Nov 17, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1717

Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

We have been exclusive Vanguard customers for many years, and our fortunes really benefited by a fluke of timing in August 2001 when we finally “ Let Go,...Let Vanguard “ investment services analyze our hodge-podge portfolio of their mutual funds. Their wonderful one time fee analysis for about a fl...
by SeeMoe
Sun Nov 11, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: State retirement pensions thoughts?
Replies: 36
Views: 3890

Re: State retirement pensions thoughts?

Even if the state pension is underfunded the employer(state) has an obligation to pay the state pensioners retirement pension in full, by law! So even if the pension plan has been mismanaged, the employer must still pay the pension in full. How? By raising taxes is one way. Reducing the state budge...
by SeeMoe
Fri Nov 09, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: State retirement pensions thoughts?
Replies: 36
Views: 3890

Re: State retirement pensions thoughts?

Even if the state pension is underfunded the employer(state) has an obligation to pay the state pensioners retirement pension in full, by law! So even if the pension plan has been mismanaged, the employer must still pay the pension in full. How? By raising taxes is one way. Reducing the state budget...
by SeeMoe
Tue Oct 30, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: If On Medicare Before SS, How Do You Pay?
Replies: 46
Views: 3952

Re: If On Medicare Before SS, How Do You Pay?

Interesting assumption. I didn’t think of that! Unless the SS administrators have something up their sleeve like watering down the cost of living allowance also?

SeeMoe.. :?:
by SeeMoe
Thu Oct 25, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: social security maximize plan
Replies: 9
Views: 1122

Re: social security maximize plan

There are about 63 million SS recipients who are receiving monthly SS checks. The average payout is about $1,300.00 per month. That scares us, so we took SS as soon as allowed , treating it like a “ bird in hand” opportunity before there’s a sudden change in policy by the government that negatively ...
by SeeMoe
Mon Oct 15, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6567

Re: When to stop putting money into an older vehicle

Every three years we dip into our Vanguard investments and use whatever is doing well at the moment to payoff what’s due on the trade-in vehicle. Always make sure the trade-in has its warranty of under 50,000 miles too!

SeeMoe.. :beer