Search found 927 matches

by SeeMoe
Sun Apr 22, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: 3 years away from leaving military and buying home
Replies: 5
Views: 507

Re: 3 years away from leaving military and buying home

The military is begging citizens to join today’s volunteer force. Sounds like you have a secure, Be safe, kind of job in the Air Force, so why not just do 20 years and save to the Max in those tax deferred/exempt products? Go to school too on their dime and their time! Receive a gravy pension with f...
by SeeMoe
Sat Apr 21, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7909

Re: “The Smell of Retiree Mon$y...”

Never give to charity through your will unless you are not giving to any heirs. The charities will make your heir's life miserable and they have lots of lawyers to tie up the estate for a long long time. Give to the charity before you die. Vanguard Trust Services will manage our assets whenever we ...
by SeeMoe
Fri Apr 20, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7909

Re: “The Smell of Retiree Mon$y...”

:greedy Funny thing happened recently in that the wife received a call from the one we dropped and the caller says we have a little gift for you. When told they are not longer in the will, he said “ oh, that’s to bad, can’t give you the gift now.” Really hilarious.... Wait, is this a charity or som...
by SeeMoe
Fri Apr 20, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 84
Views: 5058

Re: How do I make sure IRS receives my manual tax return ?

Funny thing about estimated payments is that you never get any receipt or any paperwork telling you how much you have already paid. What if you forgot about making the estimated payments or telling that to the person who is preparing your taxes from all the available paperwork? Will IRS correct the...
by SeeMoe
Fri Apr 20, 2018 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 84
Views: 5058

Re: How do I make sure IRS receives my manual tax return ?

We avoid Electronic IRS filing since several hitches have occurred of late. We do file as early as possible and did so by mid February this year via standard mail. Same for the state taxes and we owed both and saw the cancelled checks as proof they received the funds...Early is the best time when th...
by SeeMoe
Fri Apr 20, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7909

Re: “The Smell of Retiree Mon$y...”

...Once these groups learned they are in our will, because we mistakenly told them so, they began sending their bequeathing representatives by to talk to us and advise us of the poor and needy who need help....Now! One even honestly said ,when asked, you have more funds than you both will ever need...
by SeeMoe
Thu Apr 19, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7909

Re: “The Smell of Retiree Mon$y...”

If you don't want to hear from an organization you have decided to include in your will, you may well be in the minority, so try to see it from their side as well. Many times donors want to be recognized, thanked, flattered, and courted. It's work. Many donors would change their minds if they were ...
by SeeMoe
Thu Apr 19, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7909

Re: “The Smell of Retiree Mon$y...”

I completely get how angry these people could make you. If this happened to me, I would immediately change my will to leave the money to our local no-kill animal shelter and send a copy of the new will to those people who showed up on my door. I don't have issue with people suggesting to me how I s...
by SeeMoe
Thu Apr 19, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7909

“The Smell of Retiree Mon$y...”

We are in our mid seventies and live in a very nice 5 Star CCRC That is managed by a nationally known service organization that does a lot of good for sick kids and widows in need. It is tax exempt because of their good works.they, and several others ,to include a Christian college and a catholic se...
by SeeMoe
Wed Apr 18, 2018 7:25 pm
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 39
Views: 3214

Re: Lack of FDIC Insurance a big deal?

Vanguard Prime MM fund is my main short term holding product and it doesn’t even occur to me that it could be a problem anymore than our various stock index funds or bond funds, to include the excellent high yield bond fund. What’s to worry about,.....?

SeeMoe.. :shock:
by SeeMoe
Mon Apr 16, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Why traditional IRA better than Roth IRA
Replies: 87
Views: 6748

Re: Why traditional IRA better than Roth IRA

We took advantage of the Traditional IRA ACCOUNTS when they first started back in the early 1980’s. The Tax deferrals really were helpful to this working couple at the time. Then we both took advantage of then also new 457b DCP Scheme and were in hog heaven as we recall with even more Tax deferrals!...
by SeeMoe
Sun Apr 15, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Some basic questions about bond index funds
Replies: 23
Views: 1927

Re: Some basic questions about bond index funds

I don’t know which comes first, The mood of the bond market or the pricing for bond index funds. In that regard we have both the total bond index fund(0.05% ER) and managed intermediate investment grade bonds(0.10% ER) as well as some high yield bonds (0.12% ER)for diversity.. so far, so good for th...
by SeeMoe
Sun Apr 15, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Case for Tax-Managed LifeStrategy Income, Conservative, Moderate, Growth fund of funds
Replies: 10
Views: 1033

Re: Case for Tax-Managed LifeStrategy Income, Conservative, Moderate, Growth fund of funds

We kept much of our T-IRA folios in the wonderful Vanguard Equity Income fund for years until RMD time arrived. Then converted it all over to 100% bond funds for security per instruction from a V. CFP. Also had some high yield and investment grade intermediate bonds then too. Still do, but the ancho...
by SeeMoe
Sat Apr 14, 2018 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8060

Re: Should we save for our son's college?

We save for our kids college mostly for the tax break it provides us. Every state is different but in my state each spouse can deduct around $3600 per child per year from their state taxes. Good point! We saved a lot of taxes when working by having two T-IRA accounts and then two 457b accounts too....
by SeeMoe
Fri Apr 13, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’
Replies: 88
Views: 12292

Re: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’

CNBC reporters are all ears when Jack is the guest. That tells us how much this great man is held in high esteem on Wall Street by very jaded money people in general...This market, one gets the sick feeling, could go south faster than a falling gargoyle breaking free on the Chrysler Building if ther...
by SeeMoe
Thu Apr 12, 2018 7:58 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11346

Re: What is your AA, given your age? and, Why?

Sounds like a good plan. I kept a 60/40 AA until the RMD’s started just because our solid pensions are more than enough for us. Now we are 45/55 and the T-IRA’s are 100% bonds as suggested by a Vanguard CFP. Other bonds in the taxable folio are tax exempts, Plus index stock funds as well. May event...
by SeeMoe
Wed Apr 11, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11346

Re: What is your AA, given your age? and, Why?

Answers below, I am in my early 50's. 1. 79/21.....with the 79 divided by 54% US and 25% international. 2. I am reducing equity exposure by ~2% each year, and increasing bonds. The plan is to be 60/40 by age 62, and 50/50 by age 67. 3. I don't use 120-age. Sounds like a good plan. I kept a 60/40 AA...
by SeeMoe
Tue Apr 10, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: [When is going out to a restaurant worth it to you?]
Replies: 71
Views: 5151

Re: [When is going out to a restaurant worth it to you?]

When I really get hungry for chef made Clans Casino, which are hard to find anymore! Note: We take our own silverware because restaurants in this country anyway, aren’t that clean in our opinion . Guess we were spoilt when traveling in Europe over the years and in Canada too where everything is so ...
by SeeMoe
Sun Apr 08, 2018 6:55 pm
Forum: Personal Consumer Issues
Topic: Travel Rewards/Prague/Budapest
Replies: 14
Views: 749

Re: Travel Rewards/Prague/Budapest

Be careful in Prague! Got pick pocketed getting on a trolly near the hotel by a gang of thieves! Nice city, but you are warned about thieves...Budapest was just the opposite and a great city to visit.

SeeMoe.. :shock:
by SeeMoe
Sun Apr 08, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: How to read the yields for VG Prime MM Fund?
Replies: 11
Views: 1569

Re: How to read the yields for VG Prime MM Fund?

I also understand the ER of 0.16% for the Prime MM is already accounted for. So if the fund is paying 1.72%, that is what you get! Saw it here on another MM subject recently.

SeeMoe.. :dollar
by SeeMoe
Sat Apr 07, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 86
Views: 6044

Re: What have you baked recently?

Just made a pumpkin pie in a 10”x2 1/2” tort/pie ceramic pie dish....Wonderful and so thick...

SeeMoe.. :o
by SeeMoe
Sat Apr 07, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: Lithium Battery Life Expectancy?
Replies: 6
Views: 643

Re: Lithium Battery Life Expectancy?

Ev cars have multiple ways to prevent battery bricking. http://www.ibtimes.com/tesla-says-its-model-s-battery-will-not-brick-418774 And this says it will still have 80% capacity after half a million miles https://www.teslarati.com/tesla-battery-life-80-percent-capacity-840km-1-million-km/ $40,000.0...
by SeeMoe
Sat Apr 07, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: [When is going out to a restaurant worth it to you?]
Replies: 71
Views: 5151

Re: [When is going out to a restaurant worth it to you?]

When I really get hungry for chef made Clans Casino, which are hard to find anymore! Note: We take our own silverware because restaurants in this country anyway, aren’t that clean in our opinion . Guess we were spoilt when traveling in Europe over the years and in Canada too where everything is so c...
by SeeMoe
Sat Apr 07, 2018 6:36 pm
Forum: Personal Consumer Issues
Topic: Lithium Battery Life Expectancy?
Replies: 6
Views: 643

Lithium Battery Life Expectancy?

I had a Torker 3 wheeler bicycle with an Lithium battery that would kick- in when peddling up grades and was very helpful. The Lithium battery was very expensive at around $750.00 dollars with a warning to never let it fully discharge. If it did the instructions said it may not recharge again. Sadly...
by SeeMoe
Sat Apr 07, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’
Replies: 88
Views: 12292

Re: Bogle on stock turbulence: ‘never seen a market this volatile to this extent in my career’

The master knows of what he speaks, and I have taken his counsel into consideration by changing our retiree AA to 45/55. This Asset Allocation is working well for us and let’s us sleep better after a day of market gyrations as long as one of the two, stock or bond, investment vehicles is up while th...
by SeeMoe
Thu Apr 05, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: How Scalabale is the 3/4 Fund portfolio?
Replies: 38
Views: 2839

Re: How Scalabale is the 3/4 Fund portfolio?

Anything over, say, $1.5 million dollars in assets should be administered by a professional money manager in my opinion.

SeeMoe.. :dollar
by SeeMoe
Sun Apr 01, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 10061

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Q. Can this same argument be made Regards USA bond funds too holding some international bonds as well? Sometimes I feel uneasy per diversification across the board by not holding 20%-50% of the International bond index fund that Vanguard recommends. (After seeing articles here on the subject, I trad...
by SeeMoe
Fri Mar 30, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 7606

Re: Vanguard in the WSJ today

We only have had a minor glitch or two that isn’t worth mentioning. Vanguard Group has expanded exponentially in recent years and sometimes “ stuff’ happens...
35+ Year satisfied customers..

SeeMoe.. :greedy
by SeeMoe
Thu Mar 29, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really have to pay estimated taxes this year?
Replies: 19
Views: 2306

Re: Do I really have to pay estimated taxes this year?

You can also just change your withholdings and/or have additional taken out of your checks. IMHO, these are easier options than fiddling with estimated tax payments. We pay our quarterly Estimated Taxes via our banks bill payer service. No strain, no pain remembering when to pay or write out the ch...
by SeeMoe
Thu Mar 29, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: CNBC: A.I. Money Managers Comng Soon..
Replies: 2
Views: 524

CNBC: A.I. Money Managers Comng Soon..

Just saw The New York Times money editor James Stewart discussing A.I. (Artificial Intelligence) money mangers that are slowly coming online taking over human asset management duties. He says it is a fascinating subject because A.I. Managers work 24/7 and have access to an infinite amount of financi...
by SeeMoe
Wed Mar 28, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6113

Re: [Vanguard sends out erroneous "not enough money in settlement fund" notice]

Took it for what it was. A minor glitch and an anomaly that happened. It was corrected in no time.

SeeMoe.. :oops:
by SeeMoe
Mon Mar 26, 2018 10:32 pm
Forum: Investing - Theory, News & General
Topic: Rationale for a 30% ex-US equity allocation
Replies: 30
Views: 3373

Re: Rationale for a 30% ex-US equity allocation

We are retired and have a 45/55 AA. Currently 25% of the stock portion is invested in the Vanguard total international stock fund and that is going to be our limit. I’ve seen posts here that suggest a retiree should invest all monies into the country they are retired in. That edict is meant more so ...
by SeeMoe
Sun Mar 25, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8067

Re: How old were you when you started spending your “principal”?

We retired over 22+ years ago with good pensions and traveled the world. Then bought into a 5 Star CCRC, but only take the RMD’s and usually reinvest them in the taxable folio. Amazing how our investments continue to grow for us to the point we prefer letting them grow ever more now that we stopped...
by SeeMoe
Sun Mar 25, 2018 7:34 pm
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8067

Re: How old were you when you started spending your “principal”?

Isn't it anti-BH to spend principal? Not at all. That is what you saved the money for in the first place so why not spend it? People who are not spending principal almost certainly have a VERY big portfolio in relation to their spending needs. This does not happen for everyone. Maybe not even most ...
by SeeMoe
Sun Mar 25, 2018 7:03 pm
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8067

Re: How old were you when you started spending your “principal”?

We retired over 22+ years ago with good pensions and traveled the world. Then bought into a 5 Star CCRC, but only take the RMD’s and usually reinvest them in the taxable folio. Amazing how our investments continue to grow for us to the point we prefer letting them grow ever more now that we stopped ...
by SeeMoe
Sat Mar 24, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard & Financial Engines Review - Not Impressed
Replies: 3
Views: 1055

Re: Vanguard & Financial Engines Review - Not Impressed

Agree. It is so archaic too. I used it recently and it would have us do major AA changes just to acquire a few bucks more during retirement ,...with more risk!

SeeMoe.. :oops:
by SeeMoe
Fri Mar 23, 2018 8:56 pm
Forum: Investing - Theory, News & General
Topic: Hold on to your hats, think it is going to get rough
Replies: 23
Views: 5348

Re: Hold on to your hats, think it is going to get rough

CNBC says the COBE ( Why is it also called the VIX?) is the highest it has been lately. Q. If the VIX increases, is that a good or bad prediction for stocks? I think it means more volatility in the stock market but am not sure? One indicator that appears certain is High Yield bond funds which expert...
by SeeMoe
Thu Mar 22, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Working till retirement is not a great plan
Replies: 175
Views: 13514

Re: Working till retirement is not a great plan

By the early 40’s it’s time to start putting 15%-20% of your money into “ your” future retiree folios. The kids have to take care of their education with what you provided up until then. If one is RIFTED by 50 or so, immediately downsize and live within your means. Doing odd-jos if necessary and pra...
by SeeMoe
Wed Mar 21, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Best way to hold cash in retirement accounts??
Replies: 57
Views: 6235

Re: Best way to hold cash in retirement accounts??

We have about 40% of our folios in T-IRA , 100% bonds, accounts that have scheduled RMD’s the end of each year. The proceeds go to our taxable Prime MM fund where they sit until we rebalance occasionally in our 45/55 AA folios. Have a Limited tax exempt fund for emergency cash if Prime MM doesn’t co...
by SeeMoe
Tue Mar 20, 2018 10:37 pm
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 116
Views: 16207

Re: Is it time to dump high yield savings for prime money market?

I closed my Capital One 360 savings account last year and moved the proceeds back into Prime MM. I had moved the money out of Prime MM back when interest rates dropped to near zero on it a few years ago. Did essentially the same thing. Now we are plowing extra bucks into our Prime MM fund as well. ...
by SeeMoe
Tue Mar 20, 2018 10:32 pm
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 116
Views: 16207

Re: Is it time to dump high yield savings for prime money market?

Abe wrote:
Tue Mar 20, 2018 10:54 am
Bulgogi Head wrote:
Tue Mar 20, 2018 10:46 am
If the ER is .16%, does that mean we should consider the yield really at 1.45%?
No, the 1.61% is after the .16% ER is factored in.
Thank you! I always assumed the 0.16% annual Prime MM fee was not included in the current daily value of this money market fund.

SeeMoe.. :P
by SeeMoe
Mon Mar 05, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: Why no Tax Exempt Total bond Index Fund?
Replies: 12
Views: 2189

Re: ETF vs Mutual Funds with Purchase fees.

. Triceatop, Please see David Grabiner's post: https://www.bogleheads.org/forum/viewtopic.php?p=771349#p771349 in this conversation: http://www.bogleheads.org/forum/viewtopic.php?t=57186 where he explains that how the ETF creation unit process done by the authorized participants incorporates an equ...
by SeeMoe
Mon Mar 05, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: Why no Tax Exempt Total bond Index Fund?
Replies: 12
Views: 2189

Re: Why no Tax Exempt Total bond Index Fund?

Yup, there's the S&P National AMT-Free Municipal Bond Index , followed by MUB and VTEB. The S&P National AMT-Free Municipal Bond Index is a broad, comprehensive, market value-weighted index designed to measure the performance of the investment-grade tax-exempt U.S. municipal bond market. Bonds issu...
by SeeMoe
Mon Mar 05, 2018 12:37 am
Forum: Investing - Theory, News & General
Topic: Why no Tax Exempt Total bond Index Fund?
Replies: 12
Views: 2189

Why no Tax Exempt Total bond Index Fund?

Often wondered why Vanguard and other investment companies never have introduced a Total Tax Exempt Bond Index Fund? It would really go over big and cover a gray area in the taxable portfolio for investors such as yours truly. My current taxable folio has the Intermediate, Limited and Pennsylvania T...
by SeeMoe
Sun Mar 04, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: Is it "cute" to invest in sector funds?
Replies: 46
Views: 4126

Re: Is it "cute" to invest in sector funds?

I like to answer questions with questions so here's one for you: Do you want to take the additional risk known as sector risk or not? Think about that for a moment. If you own the total market, you take no sector risk. You're invested in all sectors. Yes some sectors will outperform and others will...
by SeeMoe
Mon Feb 26, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Pay Off My Mortgage When I Retire?
Replies: 38
Views: 2340

Re: Should I Pay Off My Mortgage When I Retire?

We retired 22+ years ago and sold the City house, then paid off the country cottage (10.50% Usery) where we lived for about 15 years before selling it and moving into a nice CCRC. Always “pay as we go “ with no credit card fees ever since, thanks to Vanguard and good pensions. Still invest with exce...
by SeeMoe
Fri Feb 23, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Investors Should Worry About
Replies: 118
Views: 10493

Re: Larry Swedroe: What Investors Should Worry About

Seems like when I try to dodge specific future risks, slightly different risks appear that were not expected, nor were covered. The article is very informative. When referring to the future, the words "if" and "could" are used very often. To get Larry's good results, you may need to implement every...
by SeeMoe
Tue Feb 20, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7950

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

Some experts point out that many USA companies are in fact multi-nationals and that should be taken into consideration when deciding on how much international stock your folio should have. Sounds plausible to me, so I’m about 30% V. Total International stock index fund. Q. Wonder how much internatio...
by SeeMoe
Sat Feb 17, 2018 10:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard REIT fund changes objective, name & index
Replies: 15
Views: 2615

Re: Vanguard REIT fund changes objective, name & index

I like it, so I’m buying into this fund. Offers a little more diversity in our retiree folios. It will only amount to about 5% for our stock portion of the folio which is currently 40/60. ( Our pensions more than cover expenses, and I was wondering where to put some of the year end RMD monies. So I ...
by SeeMoe
Mon Feb 12, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant not doing taxes while you are there
Replies: 53
Views: 6164

Re: Accountant not doing taxes while you are there

That seems pretty standard. I’ve never had a CPA do anything while I was there. Agree. Our CPA calls when it is done, or if there are questions. If we send the taxes via Electronic means we have to stop by the office and sign off. (Usually send by snail mail though.) then she bills us later. SeeMoe...