Search found 1783 matches

by oldcomputerguy
Fri Oct 20, 2017 10:04 pm
Forum: Investing - Theory, News & General
Topic: Destination funds
Replies: 2
Views: 60

Re: Destination funds

In general, what do Bogleheads think about investing in Destination Funds? If you meant "Destinations Funds" from Brinker Capital, my first impression is that they are too expensive. Why invest in a large-cap fund that benchmarks the Russell 1000 and costs 0.85% when I can invest in large-cap index...
by oldcomputerguy
Fri Oct 20, 2017 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Income Taxes & the Gig Economy
Replies: 7
Views: 568

Re: Income Taxes & the Gig Economy

I don't know of an app that will do this for nickel-and-dime cash transactions, I assume there is one out there. Does she have a credit card? I have cards from Fidelity and from Capital One, both provide me with a year-end report that breaks expenses down by category. If she were to put her expenses...
by oldcomputerguy
Fri Oct 20, 2017 5:51 am
Forum: Investing - Theory, News & General
Topic: Charles schwab - why so much cheaper?
Replies: 20
Views: 2060

Re: Charles schwab - why so much cheaper?

I'm not aware of an ETF that suckered people in and then raised the ER. Some large iShares funds have failed to lower the ER, while a similar (or same?) new "Core" iShares fund has a much lower ER. So Blackrock can take in high fees on the old fund, but still compete for new assets with the new fun...
by oldcomputerguy
Fri Oct 20, 2017 5:01 am
Forum: Investing - Help with Personal Investments
Topic: Out of BND and into VTI or VEU?
Replies: 21
Views: 1389

Re: Out of BND and into VTI or VEU?

I went with BND based on the 3-way approach shared here by many. I guess I could have been more aggressive with ETFs or individual stocks. My initial goal was a growth of around 10-12% every year on ETFs, which is mostly aligned with historic data. I know this year was exceptionally great for stock...
by oldcomputerguy
Thu Oct 19, 2017 5:58 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 157
Views: 11291

Re: Account security - Hackers gain access to mobile and then break havoc

For Fidelity customers, here's another option (that I just discovered yesterday): In the "Alerts" section you can set up a schedule to have Fidelity email you your current balances daily. It becomes trivially easy to keep an eye on your account to make sure nobody has emptied it, and it doesn't eve...
by oldcomputerguy
Thu Oct 19, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: How much tax do I pay on stocks sold through brokerage account?
Replies: 6
Views: 341

Re: How much tax do I pay on stocks sold through brokerage account?

Hi all, I know that we pay taxes on stocks sold in a taxable brokerage account, but I still have questions that I'm hoping someone could help me with... I am a novice investor so apologies if this question is super simple... Say I have $10,000 in an index fund and I gain $1000 in the course of 3 mo...
by oldcomputerguy
Thu Oct 19, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 62
Views: 4758

Re: Is a crash coming soon?

Hi everyone! Rather new to the forum here. If im not wrong, bogleheads believe that: 1. There's no way to predict what will happen to the market in the short term 2. Past history is not an absolute indicator for future performance/what will happen But just by looking at this very "unscientifically"...
by oldcomputerguy
Thu Oct 19, 2017 12:36 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 157
Views: 11291

Re: Account security - Hackers gain access to mobile and then break havoc

For consumers the most practical strategy is to make sure that you review your accounts every month shortly after the statement has been sent or posted. For Fidelity customers, here's another option (that I just discovered yesterday): In the "Alerts" section you can set up a schedule to have Fideli...
by oldcomputerguy
Thu Oct 19, 2017 9:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1056487

Re: U.S. stocks in freefall

Somehow I knew this thread would come back to life today.
:twisted:
by oldcomputerguy
Thu Oct 19, 2017 5:42 am
Forum: Investing - Help with Personal Investments
Topic: VIMAX [unable to purchase from broker]
Replies: 6
Views: 430

Re: VIMAX [unable to purchase from broker]

You could also probably purchase Investor share class of Vanguard Mid-Cap Index (VIMSX) at the other vendor: VIMSX is indeed available at Fidelity (the OP's stated brokerage), but the OP likely wouldn't want to buy it there; Fidelity charges $75 purchase fee to purchase Vanguard mutual funds. If th...
by oldcomputerguy
Wed Oct 18, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: PC diehard gamers - sell me on 1080p, 2k, or 4k!
Replies: 30
Views: 1318

Re: PC diehard gamers - sell me on 1080p, 2k, or 4k!

Don't go by my opinion. My first gaming machine was a Commodore 64, and my favorite games of all time either were played on the C64 (the Zork series) or else were SVGA-level (Rama, Zork Grand Inquisitor, Myst Exile). Man... do I feel old! +1 zork > green screen, double floppy drive. Interactive Tex...
by oldcomputerguy
Wed Oct 18, 2017 10:02 am
Forum: Personal Consumer Issues
Topic: PC diehard gamers - sell me on 1080p, 2k, or 4k!
Replies: 30
Views: 1318

Re: PC diehard gamers - sell me on 1080p, 2k, or 4k!

Don't go by my opinion. My first gaming machine was a Commodore 64, and my favorite games of all time either were played on the C64 (the Zork series) or else were SVGA-level (Rama, Zork Grand Inquisitor, Myst Exile).

Man... do I feel old!
by oldcomputerguy
Wed Oct 18, 2017 9:13 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 67
Views: 6480

Re: Vanguard expects "decent sized correction" soon, sometime, maybe later

Lately, more and more experts are coming out predicting correction/recession/crash. Morgan stanley, marc faber also joined this band wagon. It may be tough to exactly time it but when it happens, it sure will be bad considering this is the second longest bull market ever. People say that this is th...
by oldcomputerguy
Wed Oct 18, 2017 8:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 67
Views: 6480

Re: Vanguard expects "decent sized correction" soon, sometime, maybe later

Dead Man Walking wrote:
Tue Oct 17, 2017 3:59 pm
I have some cash to invest. Should I wait for the correction to invest?
Take a look at this thread, and the Swedroe article linked there. It may help answer your question.
by oldcomputerguy
Wed Oct 18, 2017 8:16 am
Forum: Investing - Theory, News & General
Topic: Intriguing: S&P 1000 ETF (70% S&P 400/30% S&P 600)
Replies: 10
Views: 1598

Re: Intriguing: S&P 1000 ETF (70% S&P 400/30% S&P 600)

aristotelian wrote:
Wed Oct 18, 2017 7:41 am
Rashen wrote:
Wed Oct 18, 2017 6:47 am
But can you trade this ETF without paying the commission?
It's on TD's and Schwab's lists.
Not on Fidelity's. :( (No surprise there, though, Fidelity trades a lot of iShares ETFs commission-free but I'm not aware of any SPDR funds that do so.)
by oldcomputerguy
Wed Oct 18, 2017 6:18 am
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 92
Views: 7097

Re: how long did it take to get used to retirement

I retired on January 3 of this year. I am now the "househusband" in our home. I've been kept busy by doing all the chores at home (laundry, cleaning, shopping, cooking, yardwork, etc). Plus, I'm continuing to educate myself on financial matters, I'm learning new computer skills (mainly Excel / Libre...
by oldcomputerguy
Wed Oct 18, 2017 6:01 am
Forum: Personal Consumer Issues
Topic: any good credit card sign up bonuses?
Replies: 15
Views: 1281

Re: any good credit card sign up bonuses?

DW and I just signed up for the Delta Skymiles Platinum AmEx card, based on research and talking to some of her co-workers who have the card. Delta is just about the only airline that hasn't ticked me off seriously lately, we live within a half-hour flight to Atlanta, and Delta goes to just about al...
by oldcomputerguy
Tue Oct 17, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: how long did it take to get used to retirement
Replies: 92
Views: 7097

Re: how long did it take to get used to retirement

Never had time to feel melancholy, Adjusted immediately Busy with activities all the time,,volunteer work, learn a new language,read,cook,travel, photography,golf,,,,,rock in the rocking chair, Drink coffee,,watch the leaves fall,take naps If you start to feel melancholy,,,get up and start movin. E...
by oldcomputerguy
Tue Oct 17, 2017 4:34 pm
Forum: Investing - Theory, News & General
Topic: 30th Anniversary of October 19, 1987 stock market crash
Replies: 36
Views: 2820

Re: 30th Anniversary of October 19, 1987 stock market crash

I had been in our 401k a couple of years at the time, but I did not make the mental connection, so I sailed right on through with no qualms. For that matter, I still had that same mental disconnect twenty years later during the subprime mortgage crisis. I guess there's a lesson there -- don't pay a ...
by oldcomputerguy
Mon Oct 16, 2017 4:51 pm
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 39
Views: 4153

Re: New I Bond Variable Rate for November 2017 - 2.48%

HueyLD wrote:
Mon Oct 16, 2017 3:33 pm
My guess is that the fixed rate will be zero.
Yeah, that's my guess too, but as I've said before, I have been known to be wrong. :?
by oldcomputerguy
Mon Oct 16, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: IBonds - now or wait? [November 2017 rate]
Replies: 39
Views: 4153

Re: New I Bond Variable Rate for November 2017 - 2.48%

Any word yet on what the fixed portion will be?
by oldcomputerguy
Mon Oct 16, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 61
Views: 12023

Re: Well Done Ally Bank - CD purchase

Okay, I get it now. Thanks, HueyLD. Ally in fact apparently treats CDs as separate accounts. That is what was throwing me. I've bought CDs before at Fidelity, you just fund them from wherever and they show up as holdings in your account rather than as separate accounts. I was able to set up the CD ...
by oldcomputerguy
Mon Oct 16, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 3113

Re: My EJ portfolio vs my Vanguard, side by side

I'm curious about the taxes. I suspect you didn't withdraw from either portfolio the money needed to pay the taxes on the annual distributions. Your tax returns, especially Schedule B should be enlightening. In some respects, if EJ caused you $10,000 extra annually in taxes over Vanguard, then it w...
by oldcomputerguy
Mon Oct 16, 2017 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 3076

Re: Bonus pushed back - should I be annoyed?

Be glad you're getting a bonus.
by oldcomputerguy
Mon Oct 16, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: VITAX ( vanguard tech fund )
Replies: 9
Views: 488

Re: VITAX ( vanguard tech fund )

given we are living in a new technology time I assume investing in VITAX makes sense but I may be wrong. am sure there are people out there with experience regarding this fund. please share ... I was invested in a few sector funds two or three years ago, and ended up losing several thousand dollars...
by oldcomputerguy
Mon Oct 16, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?
Replies: 23
Views: 1134

Re: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?

My previous employer's 401k plan included both Traditional and Roth 401k accounts (although I only ever contributed to the Traditional plan because they only made the Roth plan available shortly before I retired). At the same time, I also had (and still have) both traditional and Roth IRAs at Fideli...
by oldcomputerguy
Mon Oct 16, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Hold bonds in taxable or tax-deferred accounts? I am confused
Replies: 12
Views: 1065

Re: Hold bonds in taxable or tax-deferred accounts? I am confused

The more I read about the topic the more confusing it is. Should bonds/bond index funds be held in taxable or tax-deferred accounts. Here's how I understand it. Normally, when you receive dividends from investments, they are taxed at one of two levels. Bond fund dividends are derived from interest ...
by oldcomputerguy
Mon Oct 16, 2017 5:42 am
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 230
Views: 26415

Re: What is Bitcoin?

by oldcomputerguy
Mon Oct 16, 2017 5:27 am
Forum: Personal Consumer Issues
Topic: Amazon Prime - Decline in Delivery Service?
Replies: 54
Views: 4106

Re: Amazon Prime - Decline in Delivery Service?

Has anyone noticed Amazon losing it's ability to deliver as promised? I don't have Prime, but I have noticed a definite decline in quality of deliveries from Amazon. I recently ordered an Otterbox "Defender" protective shell from Amazon for my new iPhone. I placed the order on October 2; Amazon fin...
by oldcomputerguy
Sun Oct 15, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Do any apps or tools do this in place of spreadsheets?
Replies: 13
Views: 1210

Re: Do any apps or tools do this in place of spreadsheets?

danstelter wrote:
Sat Oct 14, 2017 7:10 pm
So, does anyone know of (ideally free), or low-cost tools that will track all my purchases and sales if I manually enter them in? Maintaining spreadsheets sucks time.
I'm a bit confused. How is it less trouble to enter purchases on such a tool than it is to enter such purchases in a spreadsheet?
by oldcomputerguy
Sun Oct 15, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: should I buy in Record High? S&P 500
Replies: 43
Views: 5719

Re: should I buy in Record High? S&P 500

BlackHat wrote:
Sun Oct 15, 2017 7:34 am
Man look at where we are now. This post is really telling.
Indeed. According to the OP, they bought into the S&P500 at an "all-time high" closing price of 2053.44.

This past Friday, the S&P 500 closed at 2553.17, an increase of over 24%.

Nobody knows nuthin'.
by oldcomputerguy
Sun Oct 15, 2017 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Car inspection on Carmax car
Replies: 30
Views: 9180

Re: Car inspection on Carmax car

I myself would not bother having an independent mechanic check a Carmax car. It is pretty clear that Carmax no-haggle prices are higher than even dealer prices after haggling, so if they sell cars that don't check out, we would all know about it and they would go out of business. They need to keep ...
by oldcomputerguy
Sat Oct 14, 2017 7:04 pm
Forum: Personal Consumer Issues
Topic: How long for hedonic adaptation to set in?
Replies: 109
Views: 6988

Re: How long for hedonic adaptation to set in?

I have always been interested in the "Hedonic treadmill" :happy “It’s not how much we have, but how much we enjoy, that makes happiness.” https://positivepsychologyprogram.com/hedonic-treadmill/ This reminds me of a quote from Brother Dave Gardner: “Success is getting what you want. Happiness is wa...
by oldcomputerguy
Sat Oct 14, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: Which would you rather own: AAPL or S&P 600 Small Cap Index?
Replies: 57
Views: 3197

Re: Which would you rather own: AAPL or S&P 600 Small Cap Index?

If you had to choose, which equity exposure would you rather have, 100% Apple stock or 100% S&P 600 small cap index? I'm wondering, since they have approximately the same market cap. Apple is worth $803 billion and the combined value of the constituents in the S&P 600 is $780 billion. Total stock m...
by oldcomputerguy
Sat Oct 14, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 3113

Re: My EJ portfolio vs my Vanguard, side by side

I'm curious about the taxes. I suspect you didn't withdraw from either portfolio the money needed to pay the taxes on the annual distributions. Your tax returns, especially Schedule B should be enlightening. In some respects, if EJ caused you $10,000 extra annually in taxes over Vanguard, then it w...
by oldcomputerguy
Sat Oct 14, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Met with a CFP, not too impressed.
Replies: 29
Views: 5253

Re: Met with a CFP, not too impressed.

Good advice.... I joined this forum when I decided to cut ties with Amerprise. I'm not a financial person by nature but like to think I have a decent understandings of the fundamentals. Welcome to the forum. You'll find many, many people here who are educated and willing to help. What my wife and I...
by oldcomputerguy
Sat Oct 14, 2017 6:59 am
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 3113

Re: My EJ portfolio vs my Vanguard, side by side

I'm curious about the taxes. I suspect you didn't withdraw from either portfolio the money needed to pay the taxes on the annual distributions. Your tax returns, especially Schedule B should be enlightening. In some respects, if EJ caused you $10,000 extra annually in taxes over Vanguard, then it w...
by oldcomputerguy
Sat Oct 14, 2017 6:35 am
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 3113

Re: My EJ portfolio vs my Vanguard, side by side

I went through the process of putting both portfolios through Morningstar Instant X-Ray, there are some differences (although not huge). Your EJ portfolio looks like this (with some rounding error present): US stock: 55% Foreign stock: 26% Bonds: 15% Cash and other: 3% Stocks are a bit on the growth...
by oldcomputerguy
Fri Oct 13, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: My EJ portfolio vs my Vanguard, side by side
Replies: 27
Views: 3113

Re: My EJ portfolio vs my Vanguard, side by side

Both are very similar, except for the international that was already pointed out above. EJ VG Growth 17 15 Growth & Income 37 36 International 26 34 Fixed Income 18 15 Cash 2 0 100 100 Good point on taxes, and there's probably hidden cost there. Its hard to compare, because 2016 is realty the only ...
by oldcomputerguy
Fri Oct 13, 2017 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 61
Views: 12023

Re: Well Done Ally Bank - CD purchase

Okay, I get it now. Thanks, HueyLD. Ally in fact apparently treats CDs as separate accounts. That is what was throwing me. I've bought CDs before at Fidelity, you just fund them from wherever and they show up as holdings in your account rather than as separate accounts. I was able to set up the CD I...
by oldcomputerguy
Fri Oct 13, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 61
Views: 12023

Re: Well Done Ally Bank - CD purchase

HueyLD wrote:
Fri Oct 13, 2017 5:47 pm
After you login, click on "accounts" on the top menu bar, and a drop down menu will have an "open account" for you to open a new account.
So you’re saying I can’t buy a CD from my existing savings account, I have to open another account?
by oldcomputerguy
Fri Oct 13, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Well Done Ally Bank - CD purchase
Replies: 61
Views: 12023

Re: Well Done Ally Bank - CD purchase

I hate to resurrect a thread this old, but since OP was bragging about how easy it was to purchase a CD at Ally, I thought perhaps they could help me. I have some short-term money stashed at Ally which I would like to sock away for an expense coming up in about a year. I thought about putting it in ...
by oldcomputerguy
Fri Oct 13, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 52
Views: 7454

Re: Alternative to Google Finance? [Portfolios feature deprecated]

BlueRidgePro wrote:
Tue Oct 10, 2017 1:47 pm
Google has a history of abandoning services on short notice and leaving users to scramble.

Google Wave, anyone?
:annoyed
by oldcomputerguy
Fri Oct 13, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: “Going Long Volatility”
Replies: 16
Views: 863

Re: “Going Long Volatility”

Sounds like investment porn to me. Switch it off and stay the course.
by oldcomputerguy
Fri Oct 13, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: 401k allocation question
Replies: 1
Views: 116

Re: 401k allocation question

You'll get better responses from the folks here if you repost (or edit your original post) following the format suggested in the " Asking Portfolio Questions " post. In particular it would be easier for folks here to give you suggestions if we knew more about your existing 401k allocation and the av...
by oldcomputerguy
Fri Oct 13, 2017 6:47 am
Forum: Personal Consumer Issues
Topic: Buying 2017 Honda CR-V
Replies: 34
Views: 3080

Re: Buying 2017 Honda CR-V

I have been waiting for my 2004 Honda CRV to die so I can buy a modern car/SUV! It has 351,000 miles and keeps chugging away so I feel guilty putting it out to pasture. I wish I could get those miles. Been real happy with my 2004 model. But drove it off a high road edge recently (long story) and se...
by oldcomputerguy
Thu Oct 12, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Does IRS have equivalent of credit freeze?
Replies: 20
Views: 1415

Re: Does IRS have equivalent of credit freeze?

You can ask the IRS for a security PIN, but not everyone is eligible to get on. https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin I recall reading that the IRS is limiting this at present to those who actually have been victims of identity theft, with hopes of rolling it...
by oldcomputerguy
Thu Oct 12, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: VTSMX vs. VTI
Replies: 16
Views: 1352

Re: VTSMX vs. VTI

What is the difference between these two? I understand one is a mutual fund and one is an ETF VTI has a lower expense ratio thus why wouldn't everyone always go with VTI? Confused and working on holdings for my three (four) fund portfolio :) My three-fund portfolio will be held at fidelity. Thank y...
by oldcomputerguy
Thu Oct 12, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket in Retirement
Replies: 46
Views: 5131

Re: Tax Bracket in Retirement

My workplace offers Roth 401K in addition to Traditional 401K. I read that Roth is good if you expect that you'll be in a higher tax bracket in retirement. I'm currently in 25% and I'll be in a higher tax bracket prior to retirement. What about in retirement? DW and I were in the 25% bracket just b...
by oldcomputerguy
Thu Oct 12, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: A good value wine I found...
Replies: 22
Views: 2520

Re: A good value wine I found...

Laugh if you want, but I have generally found Bogle to produce excellent wines. It’s one of my favorites.