Search found 953 matches

by SeeMoe
Thu May 24, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Paul Merriman's Portfolio
Replies: 45
Views: 16579

Re: Thoughts on Paul Merriman's Portfolio

Paul is The Man with the investment plans! I’m good with it, but now have just 6 stock index funds in the taxable folio along with 3 tax exempt bond funds and a Prime MM that I am loading up on for @1.87% yield. Plus 4 bond funds in the T IRA. Works well and am averaging 6.7% annual return says Vang...
by SeeMoe
Sat May 19, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: The Executor's Duties
Replies: 13
Views: 1158

Re: The Executor's Duties

Since our lawyer is also the executor it makes no difference whom he pays first, does it now! We finally appointed the lawyer as the executor after several extended family members showed little knowledge or interest bring the executor , or began telling us how to spend our retirement monies on proje...
by SeeMoe
Fri May 18, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: "Keep it Simple With Index Funds"
Replies: 8
Views: 1825

Re: "Keep it Simple With Index Funds"

We are indebted to Doctor Bogle for making very inexpensive Index Funds available to us over the years. Some of our bond funds are managed, but our total Vanguard portfolio(ER) expenses are an astonishing low 0.09%, Thanks to indexing! We’ve saved tens of thounds of dollars because of indexing, plus...
by SeeMoe
Sun May 13, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Military Retirement Direct Depost hijacked?
Replies: 15
Views: 2015

Re: Military Retirement Direct Depost hijacked?

Heads up to retired military people -- While at my elderly Dad's yesterday, a letter came from the Dept of Veteran Affairs stating that his Direct Deposit Information had been changed. The letter was dated 5/4, and arrived 5/11. At this point, we consider this to likely be a hijacking, as he did no...
by SeeMoe
Sun May 13, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: When to claim Social Security: two reasons not to wait
Replies: 68
Views: 11530

Re: When to claim Social Security: two reasons not to wait

Personally I prefer to “take the SS bird in hand “ soon as possible and pay the additional taxes while investing the proceeds. That gives you about 7-8 years to accumulate wealth on just SS alone. Taking RMD’s on the TIRA at 70 1/2 means more taxable income, but I’m glad to pay the taxes while still...
by SeeMoe
Thu May 10, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: Stock & Bond Market Forecast
Replies: 18
Views: 2263

Re: Stock & Bond Market Forecast

We are putting a lot of cash into our Prime MM fund now what with the rate at 1.84%! Gonna stay there for awhile and see what’s what with the markets. SeeMoe.. :dollar OK, but what does that have to do with this thread? Also, consider that with inflation over 2%, you are losing purchasing power at ...
by SeeMoe
Wed May 09, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: Stock & Bond Market Forecast
Replies: 18
Views: 2263

Re: Stock & Bond Market Forecast

We are putting a lot of cash into our Prime MM fund now what with the rate at 1.84%! Gonna stay there for awhile and see what’s what with the markets.

SeeMoe.. :dollar
by SeeMoe
Wed May 09, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs
Replies: 32
Views: 4427

Re: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs

Often wonder what the Vanguard CEO and staff earn? What their retirement packages look like, but it is private information far as I know. Bill McNabb was reported to have a $10M-15M salary. I'm sure most CEOs of the major brokerages and fund companies do well. Thanks for the Info. The Fidelity Reut...
by SeeMoe
Wed May 09, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs
Replies: 32
Views: 4427

Re: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs

There have been other disturbing articles regards Fidelity in the recent past. Recall Reuters News story about the Fidelity founder Mr. Johnson and family taking, skimming?, over $20 billions since it’s founding in the 1940’s. All legal, but suspect and guess who paid them those huge fees..? Plus t...
by SeeMoe
Tue May 08, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs
Replies: 32
Views: 4427

Re: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs

There have been other disturbing articles regards Fidelity in the recent past. Recall Reuters News story about the Fidelity founder Mr. Johnson and family taking, skimming?, over $20 billions since it’s founding in the 1940’s. All legal, but suspect and guess who paid them those huge fees..? Plus t...
by SeeMoe
Tue May 08, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs
Replies: 32
Views: 4427

Re: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs

There have been other disturbing articles regards Fidelity in the recent past. Recall Reuters News story about the Fidelity founder Mr. Johnson and family taking, skimming?, over $20 billions since it’s founding in the 1940’s. All legal, but suspect and guess who paid them those huge fees..? Plus t...
by SeeMoe
Mon May 07, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs
Replies: 32
Views: 4427

Re: WSJ--Fidelity Employees Fired After Alleged Misuse of Reimbursement Programs

This may say something about the culture at that place. My son worked at a place that had all those benefits... and no one seemed to have been doing such shenanigans there. Yes, like ethical behavior is required in a place where the public places their trust. If the employees are behaving in dishon...
by SeeMoe
Sun May 06, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to be a good executor to family
Replies: 44
Views: 3397

Re: How to be a good executor to family

We have had problems with family members whom , when asked, were appointed as our executors in our will. One just wanted out after awhile. Another began suggesting ways in which we could help his cousin out with some big number “donations.” Finally we asked the attorney if he would be the executor a...
by SeeMoe
Sun May 06, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: Fees are higher than we think
Replies: 12
Views: 2305

Re: Fees are higher than we think

An occasional fund analysis done by a money manger for a set fee is mon$y well spent in my opinion. Even if nothing is done with the the analyst’s report. A set fee of , say, $500.00 Dollars isn’t that much vs a full time CFP taking his fee every quarter; indefinitely! Problem for me is trying to fi...
by SeeMoe
Sat May 05, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Score Question
Replies: 25
Views: 1984

Re: Credit Score Question

My bank account pays all of the bills month in and out and has our only credit card which is paid off before any interest charges kick in monthly. All direct deposit pensions go to this account and handles the Vanguard AIP investments. Never have any outstanding bills and keep between $10-$15 on han...
by SeeMoe
Sat May 05, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Jonathan Clements "Where Money Grows Up"
Replies: 9
Views: 2008

Re: Jonathan Clements "Where Money Grows Up"

#20 was/is the hardest one for me, and it has cost me Big Time buying a cottage near a little stream that turned into a river during a hurricane.buying a time share on impulse. Buying a mutual fund because I liked the sound of its name. Weathering a down market and being so proud of it, but intuitio...
by SeeMoe
Fri May 04, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: What are the questions you would ask a Financial Advisor ?
Replies: 59
Views: 3854

Re: What are the questions you would ask a Financial Advisor ?

We would simply ask the money manager for his schooling, credentials, and time in the business. Maybe a few client references. Then explain we only want a one time analysis done for a set fee. Plus his recommendations. If he agrees, then suggest you will be back for a full tune-up every , say, 5-10 ...
by SeeMoe
Tue May 01, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Everything You Need to Know on an Index Card
Replies: 33
Views: 4010

Re: Everything You Need to Know on an Index Card

During spare moments I sat in a police car and studied basic investing principles for long hours rereading parts over and over. Money magazines were of little help comprehending the basic principle of HOW TO DO IT? In the end I took my sergeants advice and went with a broker for several years until ...
by SeeMoe
Mon Apr 30, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another person wondering: keep long-term care insurance or not?
Replies: 29
Views: 2217

Re: Yet another person wondering: keep long-term care insurance or not?

$5k isn’t bad for LTC coverage for two. My brother in law has had LTC for more than 7 years when, in his late 60’s, he developed Parkinson’s which has accelerated significantly. The LTC has been more than a mere blessing for him and the family to date too...

SeeMoe.. :moneybag
by SeeMoe
Mon Apr 30, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 69
Views: 5709

Re: Do people in the forum hold foreign bonds?

I hold no foreign bonds. Previous posters who don't have stated a number of objections to them that I agree with. But from the reading I've done on the subject, I simply don't see a strong case for them. I'm a 72 yo retiree with a target of 55%-60% fixed income and cash. Also a target of 25% of my ...
by SeeMoe
Sun Apr 29, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: Barron's article: "No Volatility Here: Cash Makes a Comeback"
Replies: 6
Views: 1135

Re: Barron's article: "No Volatility Here: Cash Makes a Comeback"

We have the limited term tax exempt bond fund in the taxable folio, but , for now, we are letting short term monies build-up in the Prime MM fund because of the current 1.81% return. Our credit union MM, year in, year out, pays a steady, measily, 0.20% return. Keeping the retiree AA of 45/55 making ...
by SeeMoe
Thu Apr 26, 2018 10:30 pm
Forum: Investing - Theory, News & General
Topic: What happened to the Dow Jones between 1966-1982?
Replies: 72
Views: 4465

Re: What happened to the Dow Jones between 1966-1982?

Seems like rental property, in a college town, may be a better bet? Renters pay the mortgage, plus some, and the home value doubles in ten years (pretty reliably). I wouldn't say "better bet". I would say it is an alternative investment. But one that is also a part time job. Careful there! My frien...
by SeeMoe
Thu Apr 26, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 67
Views: 7149

Re: Using Vanguard’s advisors

Time was Vanguard Group offered a one time for a fee portfolio analysis that was prepared by a team of their professionals. It was thoughtfully bound in an attractive binder and had lots and lots of information as to what I was doing(wrong) and their reasoning for the folios they had chosen. It up ...
by SeeMoe
Thu Apr 26, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 67
Views: 7149

Re: Using Vanguard’s advisors

Time was Vanguard Group offered a one time for a fee portfolio analysis that was prepared by a team of their professionals. It was thoughtfully bound in an attractive binder and had lots and lots of information as to what I was doing(wrong) and their reasoning for the folios they had chosen. It up w...
by SeeMoe
Wed Apr 25, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 168
Views: 13316

Re: I’m still not a fan of international bond funds

I’ve read here on B.H. That a retiree should own bonds from the country in which he is currently retired in....A prominent investment advisor made that statement as I recall. Forget which one though. But it makes sense to me and I exchanged all of our Vanguard International bond index funds for USA....
by SeeMoe
Tue Apr 24, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: Need to cut the cable cord - is there an alternative?
Replies: 42
Views: 3177

Re: Need to cut the cable cord - is there an alternative?

I like the convenience of COMCAST and the many services they offer, so we are hooked at about $210.00 per month. Have3 SONY tv’s. LV.Rm. Is the big boy at 65” with the latest connectors like HDMI HD+,Etc..spend about $4k per year on electronic services....

SeeMoe.. :o
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: 598

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: 8391

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: 8391

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: 89
Views: 6036

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: 89
Views: 6036

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: 8391

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: 8391

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: 8391

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: 8391

“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: 3759

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: 7362

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: 2159

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: 1161

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: 8480

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: 12681

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: 12123

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: 12123

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: 5440

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: 845

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: 1638

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: 124
Views: 10048

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: 693

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: 5440

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: 693

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...