Search found 2874 matches

by oldcomputerguy
Sun Jun 17, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: Why is risk adjusted return important?
Replies: 35
Views: 2405

Re: Why is risk adjusted return important?

You have, or should have, some idea of how much risk you are willing to take. There ought to be some limit. Risk should be factoring into your decision in some way. Surely, you would not invest in a stock market fund with a fluctuating return averaging 10%, if you could get riskless bank account th...
by oldcomputerguy
Sun Jun 17, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 72
Views: 2737

Re: Which Supermarket are you?

For years I've shopped at Food City (decent prices, close to home). Since retiring, I've joined a local YMCA / gym, and sometimes will stop on the way home from the gym at Publix. Frankly, Publix has much better quality produce than Food City's, and Publix carries a somewhat larger variety of non-be...
by oldcomputerguy
Sun Jun 17, 2018 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 35
Views: 1793

Re: Tracking spending before retirement useful for estimating retirement expenses?

I think of our pre-retirement expenses as a baseline for our retirement expenses (now semi-retired). Once you have the baseline, then you make adjustments based on how your life will change once you are retired. Exactly what I did. I built a spreadsheet with a tab for "current budget", then one tab...
by oldcomputerguy
Sat Jun 16, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: Early termination of Cable + Internet
Replies: 10
Views: 1150

Re: Early termination of Cable + Internet

You can remove the TV portion of cable and just use the internet... Not always true. I used to subscribe to Adelphia cable internet years ago, and they were quite cool about selling me just internet service, However, when Adelphia went under and was bought by Comcast, that changed. I noticed one mo...
by oldcomputerguy
Sat Jun 16, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Investment book recommendations?
Replies: 9
Views: 629

Re: Investment book recommendations?

The Bogleheads Guide to Investing (the link takes you there via the Bogeheads "support this site" link)
by oldcomputerguy
Sat Jun 16, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Cash question
Replies: 14
Views: 1177

Re: Cash question

Ally?
by oldcomputerguy
Sat Jun 16, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 36
Views: 3804

Re: I feel like selling my 3 fund

Definitely do not want to become the whipping post, I would feel every lash on that thread. Thank You for all the feedback, Im taking it all into consideration. I just wanted to diversify a bit but the 3 fund is really diversified enough isn't it. It really is. By holding VTSAX and VTIAX, you're in...
by oldcomputerguy
Fri Jun 15, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Ally online savings now at 1.60%
Replies: 180
Views: 29084

Re: Ally online savings now at 1.65%

Just got an email, Ally savings accounts now at 1.65%
by oldcomputerguy
Fri Jun 15, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: ownership at Ally
Replies: 7
Views: 594

Re: ownership at Ally

Don't know about checking (don't have a checking account at Ally), but we are joint owners of our Ally savings account.
by oldcomputerguy
Fri Jun 15, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 125
Views: 7888

Re: Which boglehead rule do you break--and are ok with

I confess that we are not completely innocent of transgression. 9 Invest with simplicity I'm afraid that our portfolio (taking my holdings and DW's together) is more complicated than I would prefer. While I am straight Boglehead, with Three-Fund in my IRA and VTSAX and VTIAX in taxable, DW has (IMHO...
by oldcomputerguy
Fri Jun 15, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Upping federal withholding allowances didn't work?
Replies: 15
Views: 1165

Re: Upping federal withholding allowances didn't work?

Using this as in the past as something akin to an estimate of taxes to be owed is going to cause people with lots of kids serious problems, unless changes to child tax credits somehow compensate for the loss of the personal exemption for dependent children. Absolutely this is something that warrant...
by oldcomputerguy
Fri Jun 15, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Company 401(k) Actually Better Than IRA? (Fidelity)
Replies: 6
Views: 429

Re: Company 401(k) Actually Better Than IRA? (Fidelity)

I'm fairly certain (was told in another thread recently) that you cannot roll a Roth IRA into a Roth 401K. https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-iras-rollovers-and-roth-conversions seems to agree on that part. Agreed. This is further substantiated by this IRS chart . ...
by oldcomputerguy
Fri Jun 15, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Company 401(k) Actually Better Than IRA? (Fidelity)
Replies: 6
Views: 429

Re: Company 401(k) Actually Better Than IRA? (Fidelity)

Does the new employer's 401(k) include a Roth 401(k) option? If so, absolutely roll over to the employer's plan. You won't ever again find an S&P500 fund at 0.01%. That said, there's nothing wrong with rolling the Roth portion of your old 401(k) over to a Roth IRA if you want. The 0.035% ER of FSTVX...
by oldcomputerguy
Fri Jun 15, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Quick question about vangaurd settlement fund
Replies: 4
Views: 390

Re: Quick question about vangaurd settlement fund

Gains in the settlement account are reported on your year-end 1099-DIV as non-qualified dividends, which are taxed as regular income just like interest payments from a bank.
by oldcomputerguy
Fri Jun 15, 2018 5:27 am
Forum: Investing - Theory, News & General
Topic: Diversified portfolio but still too much Apple, Microsoft, etc.
Replies: 13
Views: 1396

Re: Diversified portfolio but still too much Apple, Microsoft, etc.

Oddball wrote:
Tue Jun 12, 2018 1:42 pm
So basically I am wondering if there are large cap funds which exclude say the top 10 or 20 holdings.
Why would you want to? Those larger holdings account for larger portions of the economy and of the total return of the market.
by oldcomputerguy
Thu Jun 14, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 175
Views: 10034

Re: Stay the course

Taylor Larimore wrote:
Sun Jun 10, 2018 9:23 pm
Bogleheads:

Each year I sell shares of my Total Bond Market Index Fund in my IRA to meet RMD (Required Minimum Distributions). I reinvest the proceeds in my taxable S&P 500 fund. That's my trading.
So, sir, you are actually increasing risk exposure with the passage of time?
by oldcomputerguy
Thu Jun 14, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Upping federal withholding allowances didn't work?
Replies: 15
Views: 1165

Re: Upping federal withholding allowances didn't work?

Under the new tax law, there are no longer any personal exemptions, just a larger standard deduction, so changing the number of dependents should have no effect on withholding. You can no longer claim a deduction for exemptions when filing. You can still enter a figure for withholding allowances on...
by oldcomputerguy
Thu Jun 14, 2018 5:28 am
Forum: Investing - Help with Personal Investments
Topic: Callable bond- maintain or take loss?
Replies: 32
Views: 1623

Re: Callable bond- maintain or take loss?

Re holding CDs to maturity: Am I looking at this right? in 6 years, at age 70 1/2 I see where one is required to start withdrawing from IRA. I found online calculator and entered estimate portfolio at $85,000 w/age at age 64 today. Said I would need to withdraw around $3,000 year. Is this estimate ...
by oldcomputerguy
Tue Jun 12, 2018 4:59 pm
Forum: Investing - Theory, News & General
Topic: Imagine a 10 year, 0%, noncallable loan
Replies: 49
Views: 2939

Re: Imagine a 10 year, 0%, noncallable loan

bgf wrote:
Tue Jun 12, 2018 1:46 pm
unfortunately, this is not a real loan that i have personally been offered. it is a thought experiment that i am having a difficult time working through.
Given that, is this thread even actionable?
by oldcomputerguy
Tue Jun 12, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Skilled trade career advice
Replies: 18
Views: 1408

Re: Skilled trade carrier adive

s/carrier/career/
by oldcomputerguy
Tue Jun 12, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: Tilt tward small & mid capital for 1 to 2% more return
Replies: 13
Views: 948

Re: Tilt tward small & mid capital for 1 to 2% more return

If tilting guaranteed 1 to 2 percent more return per year, I might. But it's not guaranteed.
by oldcomputerguy
Tue Jun 12, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 135
Views: 13471

Re: Should I take possession of a certified mail?

Take it, open it, and read it. It's possible the handyman is suing you. If he is, and you ignore the suit, the court may enter default judgment against you.
by oldcomputerguy
Tue Jun 12, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: Imagine a 10 year, 0%, noncallable loan
Replies: 49
Views: 2939

Re: Imagine a 10 year, 0%, noncallable loan

I think that the OP is implying that the issuer of the loan will expect a lump sum payment up front rather than periodic interest payments, and the OP is asking how much upfront payment would seem reasonable.
by oldcomputerguy
Tue Jun 12, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Social Security distribution strategy
Replies: 9
Views: 1058

Re: Social Security distribution strategy

Do you have a spouse that has filed spousal benefits under your record? Yes, my wife plans on receiving spousal benefits. Is it possible to suspend just my benefits while my wife receives the spousal benefit, or do we have to suspend both within 12 months to be able to receive the future 8% annuall...
by oldcomputerguy
Mon Jun 11, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Left Advisory Portfolio to do it myself and fear I made mess of things
Replies: 35
Views: 2586

Re: Left Advisory Portfolio to do it myself and fear I made mess of things

Or you can buy the equivalent Vanguard fund (you don’t need to leave Fidelity to do so): https://investor.vanguard.com/mutual-funds/profile/VTTVX On the contrary, do NOT buy this fund at Fidelity. They will tack on a $75 purchase fee for buying a Vanguard mutual fund in a Fidelity account. I'd sugg...
by oldcomputerguy
Mon Jun 11, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Left Advisory Portfolio to do it myself and fear I made mess of things
Replies: 35
Views: 2586

Re: Left Advisory Portfolio to do it myself and fear I made mess of things

I agree with Jack. Seriously, this mess is easy to clean up. I'm going to assume that the 60% stock/40% bond allocation you mentioned is the one you want. I'm also assuming the individual account is meant as retirement savings. In both your IRA and your 401k get rid of your current holdings. In tho...
by oldcomputerguy
Mon Jun 11, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Left Advisory Portfolio to do it myself and fear I made mess of things
Replies: 35
Views: 2586

Re: Left Advisory Portfolio to do it myself and fear I made mess of things

Or you can buy the equivalent Vanguard fund (you don’t need to leave Fidelity to do so): https://investor.vanguard.com/mutual-funds/profile/VTTVX On the contrary, do NOT buy this fund at Fidelity. They will tack on a $75 purchase fee for buying a Vanguard mutual fund in a Fidelity account. I'd sugg...
by oldcomputerguy
Mon Jun 11, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 2742

Re: Would you choose text or email for two-factor authentication?

Neither. Texts and emails can be intercepted. Time-based 2FA is best because nothing is transmitted to you at the time of logon. The shared secret for time-based 2FA is transmitted only once over HTTPS (ensuring privacy and authenticity) when you are doing the initial setup. It certainly is best in...
by oldcomputerguy
Mon Jun 11, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 2742

Re: Would you choose text or email for two-factor authentication?

Email. I have a Gmail account used for nothing except financial data, and that account itself uses 2FA via Google Authenticator on my iPad. What are the benefits of having a Gmail account used exclusively for financial data? How is that more secure than using your primary Gmail account assuming it ...
by oldcomputerguy
Mon Jun 11, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Cash Balance Plan- Should I participate
Replies: 8
Views: 642

Re: Cash Balance Plan- Should I participate

Forgive my ignorance, but what is a “cash balance plan”? I’m not familiar with the term.
by oldcomputerguy
Mon Jun 11, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 2742

Re: Would you choose text or email for two-factor authentication?

Email. I have a Gmail account used for nothing except financial data, and that account itself uses 2FA via Google Authenticator on my iPad.
by oldcomputerguy
Mon Jun 11, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 174
Views: 14037

Re: Life in retirement - what did you do today?

Retired 17 months now. Today started with a doctor’s appointment at the sleep center, then two mile walk on the treadmill. Sitting at lunch now, then grocery shopping, followed by trying to get caught up on my home tasks (dishes, laundry, floors) with one arm. Cooking dinner will fall somewhere in t...
by oldcomputerguy
Mon Jun 11, 2018 6:15 am
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 62
Views: 4968

Re: Strategy for a prolonged bear market

I'm retired, DW is still working for about another 1-1/2 years. My "plan B" is covered by my "Plan A": have enough in bonds to cover 2-3 years worth of non-SS/pension-covered expenses, and if necessary, tighten our belts.
by oldcomputerguy
Mon Jun 11, 2018 6:08 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage payment with interest free credit card
Replies: 10
Views: 818

Re: Mortgage payment with interest free credit card

First off, will your mortgage company allow payment by credit card? Chase Mortgage did not allow me to pay with a cc. And some credit card issuers won't allow it at all, even through a service such as Plastique.

This NerdWallet page might be helpful.
by oldcomputerguy
Mon Jun 11, 2018 5:58 am
Forum: Personal Finance (Not Investing)
Topic: How to Handle Medicare
Replies: 5
Views: 630

Re: How to Handle Medicare

Yes, her employer has several thousand workers. After she retires, it also has some sort of continuing coverage where it'll pitch in and pick up a certain percentage of her health insurance costs, if that makes any sense ... not sure how that might effect Medicare, either! The coverage she has now ...
by oldcomputerguy
Sun Jun 10, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best banks for checking accounts?
Replies: 33
Views: 3178

Re: Best banks for checking accounts?

The ideal bank should have: — free checking — free ATM withdrawals — a local branch near where you live or work Everything else is just icing on the cake. You forgot 2FA. I've looked at most (if not all) of the B&M banks in my town, none of them offer 2FA on checking accounts. Until two-factor auth...
by oldcomputerguy
Sun Jun 10, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investing when someone else gets all dividends
Replies: 80
Views: 4688

Re: Investing when someone else gets all dividends

ibhhvc wrote:
Sat Jun 09, 2018 7:38 am
Allows the principal in the account to grow without any dividend reinvestment.
How will principal grow without dividend reinvestment? I'm a bit confused by this requirement.
by oldcomputerguy
Sun Jun 10, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: What does "tap into" the Social Security trust fund mean?
Replies: 29
Views: 2249

Re: What does "tap into" the Social Security trust fund mean?

EdwardL007 wrote:
Sun Jun 10, 2018 10:41 am
But bonds are IOUs. "They" pay interest but isn't the "They" us? Where do the dollars come from to pay this interest?
Taxes.
by oldcomputerguy
Sun Jun 10, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 5981

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

In this theoretical scenario, the idea was that I'd be getting at least the same expected returns everyone in here would be expecting, aka winning. The reaction from people here was, I think, not so much negative on you investing as on you borrowing to invest. I fully expect that my portfolio will ...
by oldcomputerguy
Sun Jun 10, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 5981

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

windfallhelp112 wrote:
Sun Jun 10, 2018 8:19 am
I've arranged my student loans by interest rate, and actually, don't have a mortgage but was considering buying in cash.
Um, I'm a bit confused. In your original post, you indicated that one of your obligations was "$210k house".
by oldcomputerguy
Sun Jun 10, 2018 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Best banks for checking accounts?
Replies: 33
Views: 3178

Re: Best banks for checking accounts?

UpperNwGuy wrote:
Sun Jun 10, 2018 8:17 am
The ideal bank should have:
— free checking
— free ATM withdrawals
— a local branch near where you live or work

Everything else is just icing on the cake.
You forgot 2FA. I've looked at most (if not all) of the B&M banks in my town, none of them offer 2FA on checking accounts.
by oldcomputerguy
Sun Jun 10, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 5981

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

I agree with the sentiment and most of what you're saying, I am not against the debt-free scenario at all and it is great. I'm just measuring another scenario which is greedy but leaves me ahead in net worth after gambling for 5 years straight, You're assuming you will win that entire time. If you ...
by oldcomputerguy
Sun Jun 10, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Why not use Fidelity High Income Fund SPHIX?
Replies: 14
Views: 1483

Re: Why not use Fidelity High Income Fund SPHIX?

Thanks Retiredjg! Having 30% of our porfolio in (FSITX) Fidelity U.S. Bond Index Fund Premium Class (0.05%) is killing me. I have no risk CDs earning 1.75%. I'm holding FSITX in my IRA, and am happy with it. Sure, it has shown a loss in NAV YTD, but so has just about the entire investment-grade bon...
by oldcomputerguy
Sat Jun 09, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12248

Re: Why Edward Jones?

... At my son's work, a Morgan Stanley financial advisor made the rounds and asked him where he kept his investments. My son replied, "At Vanguard." The Morgan Stanley guy made a face, "Oooh, you settle for just average." If I had been your son, I would have been tempted to reply, “Safe from the li...
by oldcomputerguy
Sat Jun 09, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: Need advice on 1st international vacation
Replies: 106
Views: 5620

Re: Need advice on 1st international vacation

Try a Viking River cruise. It has just about everything you describe.
by oldcomputerguy
Sat Jun 09, 2018 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Existing Roth IRA
Replies: 15
Views: 713

Re: Existing Roth IRA

Jablean wrote:
Sat Jun 09, 2018 4:23 pm
Isn't the money you take out of the IRA to move into the Roth taxed as income?
Yes. The money coming out of the tIRA is taxed as a distribution (unless it was post-tax money to begin with and was never claimed as a deduction) and will be reported to the IRS on Form 1099-R as taxable income.
by oldcomputerguy
Sat Jun 09, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 80
Views: 4771

Re: Rowing machine motivation

My exercise regimen at present consists of walking two miles a day on the walking track near my home. I must be doing something right; since I started this (and since I cut out sugar, chips, and alcohol) I've lost 23 pounds. To distract myself, I have ripped the audio from all the episodes of "The W...
by oldcomputerguy
Sat Jun 09, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Simple method to see which countries VSS stocks come from?
Replies: 4
Views: 300

Re: Simple method to see which countries VSS stocks come from?

If it would be enough simply to have a country-by-country breakdown, you can get this from VSS's Portfolio page. Scroll down about one-third of the way to the section labelled "Market Allocation".
by oldcomputerguy
Sat Jun 09, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: What are investment returns and why am i down money on it?
Replies: 5
Views: 858

Re: What are investment returns and why am i down money on it?

Started investing in october and it looks like im up a bit of money but my investment returns says im down over 1k. What happened? https://gyazo.com/0adde319cc4ae4e48b6dfbf999756be5 Just a guess based on the incredibly small amount of information provided: you made two lump sum contributions, one a...
by oldcomputerguy
Fri Jun 08, 2018 5:57 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4214

Re: How much to budget for a week long vacation for 2?

At our favorite Caribbean resort, we can usually bring a week in for around$6-7k including air, varies according to room level and air seating. Domestic trips (Hilton Head, Las Vegas, etc) about the same.