Search found 2966 matches

by tc101
Sat Jun 16, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 40
Views: 4121

Re: Are Bogleheads smarter than the bond market?

The Fed has been pretty clear for awhile that they are bent on raising rates gradually for the next 12 - 18 months. the Fed is basically telling what the interest rate market is most likely going to be. It isn't some analyst on CNBC it is the Fed. Isn't this something that everyone knows and is alr...
by tc101
Fri Jun 15, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 40
Views: 4121

Are Bogleheads smarter than the bond market?

There is a lot of talk recently about shifting to shorter duration bonds because interest rates are going up. Do we know something that is not already known by everyone else buying and selling bonds? Do we have information not already priced into the bonds? "The market is smarter than you are" was m...
by tc101
Fri Jun 01, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: Interest calculation when moving money in MMFs and bond funds
Replies: 4
Views: 451

Interest calculation when moving money in MMFs and bond funds

When you move money in and out of bond funds and money market funds, is the interest calculated by the day, or by the month? Is there some way that you can get a better or worse return by picking the day you move the money?
by tc101
Mon May 21, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 8096

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

My wife died 6 months ago. It was the hardest thing I have ever experienced. I felt like I was going crazy. I talked to several grief councilors. Read lots of books. Went to a grief support group. The one piece of advice they all agreed on was to avoid making any big decisions for 6-12 months. I was...
by tc101
Sat May 19, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10618

Re: Career planning in IT/software development when over 40

Mostly C#, .NET, MS SQL As you know, those are in demand skills, so you could always find a job. What do you want to do? What is most important? Is money a greater motivator, or enjoyment at work? Security or adventure? Do you like where you live or want to move to another city? Would you rather wo...
by tc101
Sat May 19, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10618

Re: Career planning in IT/software development when over 40

I work on software that automates business processes Do you write code in mainstream languages, like java, javascript, python, or whatever else is big these days? Software Development (more back end web than front end) Database Design/Development/Administration Do you do much SQL, or the new, commo...
by tc101
Sat May 19, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 10618

Re: Career planning in IT/software development when over 40

I've been retired for 11 years, so things have probably changed. I had a great job using proprietary software. I stayed there 10 years. Then I got bored, learned some new stuff and got another job. However, when the second job ended, I found all my years with the proprietary software were totally us...
by tc101
Thu May 10, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 86
Views: 7944

Re: Alternatives to Amazon

Someone mentioned ebay. I thought that was just for auctions.
by tc101
Thu May 10, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 86
Views: 7944

Re: Alternatives to Amazon

I think I'll try walmart. How does it compare to Amazon, other than price? Easy to use web site? Quick delivery? Good customer support?
by tc101
Thu May 10, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 86
Views: 7944

Alternatives to Amazon

[Thread merged into here, see below. --admin LadyGeek] Amazon is incredibly convenient and for lots of things the prices are good, but on some items the prices are ridiculously high. I don't want to go all over the web looking for the lowest prices and ordering from dozens of companies. I would lik...
by tc101
Wed May 09, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Pay Pal customer support
Replies: 4
Views: 387

Pay Pal customer support

I have used Pay Pal for years because it was quick and easy. I recently had a problem and I found the customer support to be almost non existent. There is no phone number to call. I had to go through several pages to even get to where I could send an email, and then they sent me a canned response th...
by tc101
Tue Apr 10, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1120

Re: I'm thinking about annuities. Tell me if this makes sense.

Consider that there are other ways to protect your finances from your aging self and from theft and fraud without committing large sums to an annuity. You might want to consider trusts or similar options.
Where could I read more about that?
by tc101
Tue Apr 10, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1120

Re: I'm thinking about annuities. Tell me if this makes sense.

the popular advice re annuities seems to be to start at 70. But if in 6 months you still want to start the process I don't see a compelling reason to wait. I thought the advice was that you don't start to take the money from the annuity income stream before age 70, but that when buying deferred ann...
by tc101
Tue Apr 10, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1120

Re: I'm thinking about annuities. Tell me if this makes sense.

I have no heirs, no children. I will leave any inheritance to my brother, or my brother's children, and to friends who need money and would be positivly effected by a small inheritance. My brother and his kids have plenty and don't really need it. So I have more than I need. I may start spending mor...
by tc101
Tue Apr 10, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: I'm thinking about annuities. Tell me if this makes sense.
Replies: 10
Views: 1120

I'm thinking about annuities. Tell me if this makes sense.

I'm thinking about annuities. Tell me if this makes sense. I am 68, single, have been retired about 10 years. I have $1.4M, mostly at Vanguard, invested 50/50. My house is paid for. It's worth about $300K. My current yearly living expenses are about $45K/year. They might go up, but I have simple tas...
by tc101
Tue Apr 10, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Question on state annuity insurance
Replies: 1
Views: 145

Re: Question on state annuity insurance

I found the answer for Georgia on the Georgia insurance web site: The total annuity cash surrender protection per owner per licensed insurer is $250,000. http://www.gaiga.org/FAQ This varies from state to state though. Not just the amount guaranteed, but also on the question of the limit being on an...
by tc101
Tue Apr 10, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: When to apply for social security if I want to start it at age 70?
Replies: 3
Views: 550

When to apply for social security if I want to start it at age 70?

I want to start social security at the latest possible date, which I think is my 70th birthday. How soon before my birthday should I apply? Could I apply a year early?
by tc101
Tue Apr 10, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Question on state annuity insurance
Replies: 1
Views: 145

Question on state annuity insurance

Two questions: I live in Georgia. I remember seeing a table here that gave the state annuity guarantees for every state. I think that the Georgia limit is $250K but don't remember for sure. I can't find that table now. Can someone give me a link to the table Assuming the limit is $250K, is that the ...
by tc101
Sun Apr 08, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: How do you cancel a bid on ebay?
Replies: 7
Views: 601

Re: How do you cancel a bid on ebay?

I contacted the seller and he canceled the bid for me.
by tc101
Sun Apr 08, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: How do you cancel a bid on ebay?
Replies: 7
Views: 601

How do you cancel a bid on ebay?

I found this info, but it doesn't tell you how to actually cancel
the bid.

https://www.ebay.com/help/buying/biddin ... id?id=4013

I want to cancel because the shipping costs from UK are higher than
the cost of the item, and I didn't see that until after I placed the
bid.
by tc101
Mon Mar 12, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Turbo Tax Online
Replies: 2
Views: 194

Turbo Tax Online

I've used turbotax online the last 2 years with no problem. Is there any good reason not to use it for 2017? I have to buy the $79 premier version to get it to import stuff from Vanguard. I don't care about saving a few dollars. I just want to know if there are any problems with doing it online with...
by tc101
Sun Feb 25, 2018 12:03 am
Forum: Investing - Theory, News & General
Topic: Atlantic Article: This Is What Life Without Retirement Savings Looks Like
Replies: 26
Views: 4806

Re: Atlantic Article: This Is What Life Without Retirement Savings Looks Like

So as I see it, the challenge for people who don't have savings is to let go of the idea that a "good life" is one spent living in some luxurious golf community punctuated by expensive trips overseas. It's a chance to reexamine the materialistic lifestyle that is the true religion of so many Americ...
by tc101
Thu Feb 22, 2018 12:15 am
Forum: Investing - Help with Personal Investments
Topic: Help invest an extra $5,000 per month
Replies: 19
Views: 2409

Re: Help invest an extra $5,000 per month

Put the extra monthly money in a high yield savings account until you have about $50K. That should cover most emergencies. Then start paying off your mortgage with half of your extra $5K monthly, and put the other half in stock index funds. Paying off the mortgage yields more than any other no risk ...
by tc101
Sat Feb 03, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: Why GNMAs Shouldn't Be Your Bond Choice
Replies: 70
Views: 5510

Why GNMAs Shouldn't Be Your Bond Choice

Here is an article by Larry Sedroe back in 2010. https://www.cbsnews.com/news/why-gnmas-shouldnt-be-your-bond-choice/ At that time he recommended against holding GNMAs, and even recommended against the total bond market fund because it held them. I read a lot about this on Bogleheads back about the ...
by tc101
Mon Jan 29, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Allocation Decisions: LENDX, SRRIX and QSPIX
Replies: 58
Views: 8621

Re: Allocation Decisions: LENDX, SRRIX and QSPIX

"normal investors" can now access new sources of risk (private lending and reinsurance) that (a) have equity-like returns with lower volatility and (b) are not correlated with with the stock market. Can someone explain in more detail or give me a link that explains in more detail just exactly what ...
by tc101
Mon Jan 29, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Rising Rates Increase Worries
Replies: 86
Views: 13895

Re: Larry Swedroe: Rising Rates Increase Worries

I'm actually surprised that he mentions/recommends these "alternatives" without even providing a clue exactly what they invest in. Same here. The whole article seems pointless because of the lack of any information on the "alternatives". Does anyone understand what these "alternatives" invest in? I...
by tc101
Sat Jan 27, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2750

Re: What to do with large stock holding in taxable account

Is he married or single? And what is his other income? He might owe zero in taxes if handled properly.
Married. Wife not working. How could he owe zero taxes?
by tc101
Sat Jan 27, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2750

Re: What to do with large stock holding in taxable account

He needs the money to live on in retirement so he won't be giving it away. As far as I can understand after a quick look at the tax laws, his two options are to sell a little every year and pay 15% cap gains tax, or it all at once to get immediate diversification and pay 20% cap gains tax. Is there ...
by tc101
Sat Jan 27, 2018 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to calculate RMD on inherited inherited IRA
Replies: 5
Views: 388

Re: How to calculate RMD on inherited inherited IRA

The link to the previous discussion goes into more detail about some more complicated situations, but my question has now been answered. Here is another post that put it in very simple language: Say I have an inherited IRA from a parent. Then at some point I die and my wife inherits the inherited IR...
by tc101
Sat Jan 27, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: How to calculate RMD on inherited inherited IRA
Replies: 5
Views: 388

Re: How to calculate RMD on inherited inherited IRA

I found an earlier bogleheads discussion on this:

viewtopic.php?t=140823

To put it very simply:

IRA through Dad to Mom to me:
Mom's life expectancy, not mine.
by tc101
Sat Jan 27, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2750

What to do with large stock holding in taxable account

I have a friend who bought Home Depot stock back in 1981 when it first went public. That initial investment of a few thousand dollars is now worth over a million. His only other assets are an IRA with about $100K, a taxable bank account with some CDs worth about $100K, and a house that is paid for. ...
by tc101
Sat Jan 27, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: How to calculate RMD on inherited inherited IRA
Replies: 5
Views: 388

How to calculate RMD on inherited inherited IRA

I recently inherited an IRA from someone who had inherited that IRA several years earlier from her mother. In other words I inherited and inherited IRA. Vanguard will not calculate the RMD and says I need to see a tax professional. I think it can not be all that complicated but I can't find and inst...
by tc101
Thu Jan 25, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: How to calculate change in CD value
Replies: 7
Views: 503

Re: How to calculate change in CD value

Aren't the brokered CDs valued based on trade prices?
I just checked with Schwab and market price is how they value CDs.
by tc101
Thu Jan 25, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: How to calculate change in CD value
Replies: 7
Views: 503

How to calculate change in CD value

I know that when a CD matures, it has the value you originally paid for it, but Vanguard also lists the current value in the accounts and balances screen. Tell me if I understand how this is calculated. My understanding is that the value should change by interest rate change times the number of year...
by tc101
Wed Jan 24, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Have you ever found an error on your amazon bill?
Replies: 20
Views: 1797

Have you ever found an error on your amazon bill?

I buy lots of stuff at Amazon. I have an Amazon chase credit card. It is really difficult to match the credit card statement with the amazon orders. Does anyone do this? Do you ever find any errors?
by tc101
Tue Jan 23, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Why hold total bond market fund when 7 year CDs yield more?
Replies: 21
Views: 2880

Why hold total bond market fund when 7 year CDs yield more?

You can get a 7 year CD at Vanguard yielding 2.75%. The total bond market fund has a longer average maturity of 8.4 years, yields 2.65%, and is slightly less safe. Why buy the total bond market fund? If you are are investing a large amount of money and the $250K FDIC insurance limit per bank is a pr...
by tc101
Fri Jan 12, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??
Replies: 70
Views: 6741

Re: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??

I'm 36. I will have a guarantee retirement for serving 20yrs in the military in 2 yrs.
Then wait 2 years. Seriously. My Cousin was told he was not longer needed in the Army shortly before he hit the 20 year mark.
by tc101
Wed Jan 03, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 76
Views: 9189

Re: Talk me out of a 60/40 AA

I'm 67 years old and am at 50/50. As I read this conversation I am tempted to move to 60/40. But during the last big crash there was so much talk about the wisdom of an all bond portfolio that I was thinking about going down to 25/75. I think I'll stay where I am for now and see what people are talk...
by tc101
Sat Dec 23, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Internet speeds
Replies: 37
Views: 2773

Internet speeds

I'm looking at various internet service deals from comcast and AT&T. The offer deals with between 10mbs to 150mbs speeds. I am confused about how much I need. For two people in a house where one person might be watching a netflix movie while the other is online with youtube or various net surfing, w...
by tc101
Thu Dec 07, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 23906

Re: Do people still use AAA?

When I was about 60 I had a real bad cold and I was driving on a crowded expressway on a cold rainy day . I felt terrible. For no good reason I thought "What if I had a flat tire now? I could change it, but it would be a horrible experience." The next day I got AAA.
by tc101
Wed Dec 06, 2017 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: End of life care: urgent.
Replies: 9
Views: 2235

Re: End of life care: urgent.

Yes contact attorney right away. Does she have a general power of attorney with someone? What about health care power of attorney? If not that should be done immediately.
by tc101
Wed Dec 06, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Cat sitter info
Replies: 21
Views: 1218

Re: Cat sitter info

Expect to pay them $10-20/day to come by once, do a welfare check, empty the litter box, and feed/water.
Is that about what other people here have paid?
by tc101
Wed Dec 06, 2017 11:07 am
Forum: Personal Consumer Issues
Topic: Cat sitter info
Replies: 21
Views: 1218

Cat sitter info

I will be traveling and need someone I can trust to come to my house every day and feed the cat and clean the cat box. How would I find someone good? What would I expect to pay?
by tc101
Mon Dec 04, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: How much do you need to drive a car to keep battery charged and everything else OK?
Replies: 36
Views: 3230

How much do you need to drive a car to keep battery charged and everything else OK?

How much do you need to drive a car to keep battery charged and everything else OK? I know there are other reasons to drive a car regularly, other than just the battery, but I don't know what they are. I have a 2003 Toyota Camery that I don't use much. If I just drive it once a week to the grocery s...