Search found 1981 matches

by oldcomputerguy
Wed Nov 22, 2017 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Uber hacked - identities of 57 million exposed
Replies: 8
Views: 1336

Re: Uber hacked - identities of 57 million exposed

And after paying the extortion fee, Uber assured itself that the data was really deleted---how? I just listened to an NPR radio report on this. Reportedly they did not pay the hackers to delete the data, they paid them to keep quiet about the breach in an attempt to avoid bad press. Oops. Bad form ...
by oldcomputerguy
Wed Nov 22, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting 4 stocks
Replies: 15
Views: 980

Re: Inheriting 4 stocks

Upon the death of the previous owner, however, the purchase price was immediately "reset" to the closing price of the stock on the date of passing. This is a common misconception. The basis is adjusted to the Fair Market Value (FMV) on the date of death. There is a specific definition of what the F...
by oldcomputerguy
Wed Nov 22, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Uber hacked - identities of 57 million exposed
Replies: 8
Views: 1336

Re: Uber hacked - identities of 57 million exposed

grandmacassie wrote:
Wed Nov 22, 2017 11:19 am
And after paying the extortion fee, Uber assured itself that the data was really deleted---how?
I just listened to an NPR radio report on this. Reportedly they did not pay the hackers to delete the data, they paid them to keep quiet about the breach in an attempt to avoid bad press.

Oops.
by oldcomputerguy
Wed Nov 22, 2017 8:19 am
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 26
Views: 1364

Re: Best Basic DESKTOP?

whodidntante wrote:
Wed Nov 22, 2017 1:26 am
I recommend my old 486 DX4/100. It has two floppy drives and a wired mouse that has to be thoroughly cleaned once a week. I'll throw in Wordperfect. :happy
Wow. Does the deal include the Wordperfect function-key overlay? :wink:
by oldcomputerguy
Wed Nov 22, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 26
Views: 1364

Re: Best Basic DESKTOP?

I do not now and will never own a Dell computer of any stripe. That being said, if your projected use is, as you indicated, very basic, I'd suggest either (1) downloading a copy of Linux Mint and giving it a try on your existing machine (you can boot it straight off the install DVD for testing purpo...
by oldcomputerguy
Wed Nov 22, 2017 7:00 am
Forum: Investing - Help with Personal Investments
Topic: First time investor looking to jump in market but apprehensive with record highs
Replies: 18
Views: 1652

Re: First time investor looking to jump in market but apprehensive with record highs

You can also read about what happens when you are the worst market time in history. https://www.cnbc.com/2015/08/27/the-inspiring-story-of-the-worst-market-timer-ever.html This. Please read about Bob, and take it to heart. The article referred to by Mr. Rosenberg in the CNBC article can be found he...
by oldcomputerguy
Wed Nov 22, 2017 6:54 am
Forum: Investing - Help with Personal Investments
Topic: FTIPX in tIRA, any concern about foreign tax?
Replies: 5
Views: 254

Re: FTIPX in tIRA, any concern about foreign tax?

I'm trying to understand the dynamics of foreign tax in international funds. I want to get into FTIPX within my traditional IRA for now, is there a better option considering the potential of getting internationally taxed? I don't even know when or how that tax is deducted. Don't worry about it. Any...
by oldcomputerguy
Wed Nov 22, 2017 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Inheriting 4 stocks
Replies: 15
Views: 980

Re: Inheriting 4 stocks

Normally, capital gain is the difference between the purchase price and the selling price. Upon the death of the previous owner, however, the purchase price was immediately "reset" to the closing price of the stock on the date of passing. So capital gain will now be the difference between the sellin...
by oldcomputerguy
Tue Nov 21, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 135
Views: 7409

Re: Why not take Social Security at 62

I think we agree but I likely stated it incorrectly. My wife and I are delaying until next year at 65/66 when she will file for her own and I will file a restricted application, getting half of what she would have received at her FRA of 66 (PIA). I assume that you will be FRA when you file for rest...
by oldcomputerguy
Tue Nov 21, 2017 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 135
Views: 7409

Re: Why not take Social Security at 62

I'm retired and 62 years old. Before I punched out, I considered this question from various angles. I did not consider the question from a point of any percentage of return, because I plan to spend my Social Security draw and not invest it. (For simplicity's sake, I do not consider COLAs here.) Give...
by oldcomputerguy
Mon Nov 20, 2017 7:01 am
Forum: Personal Consumer Issues
Topic: internet browsers and free software?
Replies: 7
Views: 547

Re: internet browsers and free software?

Forking off from https://www.bogleheads.org/forum/viewtopic.php?f=11&t=232677 about web browswers, I read the Wikipedia article about Waterfox and then Palemoon (and its "market share"), and then about web browsers in general. Then I found a related article titled "Free software programmed in C++"....
by oldcomputerguy
Sun Nov 19, 2017 8:07 pm
Forum: Personal Consumer Issues
Topic: Your favorite Costco wines?
Replies: 36
Views: 3115

Re: Your favorite Costco wines?

Alexa9 wrote:
Sun Nov 19, 2017 4:42 pm
I grab anything rated in the 90's under $15. I have had many outstanding wines. I no longer buy wine anywhere else.

PS you don't have to be a member.
Interesting. How does one buy wine at Costco without being a member?
by oldcomputerguy
Sun Nov 19, 2017 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help Selecting a Bond Fund.
Replies: 2
Views: 242

Re: Help Selecting a Bond Fund.

Newer member here that could use some advice regarding which bond fund to use in 401k. Previously, a 100% equity portfolio was my preferred setup. After taking the Vanguard Investor Questionnaire and much reading here on Bogleheads, I see the need for a more balanced asset allocation. Unfortunately...
by oldcomputerguy
Sun Nov 19, 2017 7:45 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5251

Re: How much do you budget for vacation?

PFInterest wrote:
Sun Nov 19, 2017 3:24 pm
investing1012 wrote:
Sun Nov 19, 2017 10:04 am
How much do you budget for vacation?
What my wife asks for.
:thumbsup :thumbsup :!:
by oldcomputerguy
Sun Nov 19, 2017 7:38 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5251

Re: How much do you budget for vacation?

How much do you budget for vacation? Whatever it takes. :twisted: (Sorry, that was a bit snarky, wasn't it?) I just retired, and DW will be retiring in a couple of years. We tentatively plan to hit some "bucket list" spots in the next decade, so I tentatively budget for a "lesser" and "greater" tri...
by oldcomputerguy
Sun Nov 19, 2017 7:33 pm
Forum: Personal Consumer Issues
Topic: Honeymoon Suggestions
Replies: 26
Views: 1596

Re: Honeymoon Suggestions

We are good friends with newly wed couple our age. They went to the Moon Palace in Cancun and loved it. DW and I went to Cancun for our fifteenth anniversary and loved it. However, that was almost twenty-five years ago. The news I see coming out of Cancun these days makes me want to give it a wide ...
by oldcomputerguy
Sun Nov 19, 2017 5:43 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3481

Re: Oregon makes you save, unless you object. NYT article

https://www.nytimes.com/2017/11/17/your-money/oregon-save-for-retirement.html I was shocked that participants pay 1 % of their total assets in annual fees. While it is good and great that "people are 15 times more likely to save, and save more with payroll deductions", I hope that there must be a w...
by oldcomputerguy
Sun Nov 19, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Regular 401K vs Roth 401K
Replies: 30
Views: 1663

Re: Regular 401K vs Roth 401K

MotoTrojan wrote:
Sun Nov 19, 2017 3:21 pm
Do Roth 401Ks allow $18K of after-tax money?
According to the IRS, yes, the contribution limit is $18,000 ($24,000 if age 50 or older).
by oldcomputerguy
Sun Nov 19, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Collection agency calls intended for another person:
Replies: 34
Views: 2119

Re: Collection agency calls intended for another person:

Unless caller ID is showing a number that you know is someone you wish to speak with, why are you even answering the phone?
by oldcomputerguy
Sun Nov 19, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2772

Re: What we don't know

We know to save as much as possible, am i save too much and missing life today Seeking balance is worthwhile. Only thing is, don't let today's wants distract your attention from attaining your long-term goal. invest in low cost funds, But something like Bitcoin makes me think is stocks and bonds be...
by oldcomputerguy
Sun Nov 19, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 38
Views: 3564

Re: Why I am not happy even with OK Net Asset

JoMoney wrote:
Sun Nov 19, 2017 4:24 am
all of us can be better than we are, but having more money doesn't necessarily make us better.
Indeed.
by oldcomputerguy
Sun Nov 19, 2017 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Annual timing of Roth IRA contribution
Replies: 15
Views: 1396

Re: Annual timing of Roth IRA contribution

Do you ever think that this IRA contribution stuff is a giant pain in the butt for not a lot of benefit? Come back in 30 years after your contributions have grown tax-free. Then let's talk. A Roth IRA is the only way you can invest for retirement without having to worry about taxes down the road. I...
by oldcomputerguy
Sun Nov 19, 2017 6:21 am
Forum: Investing - Help with Personal Investments
Topic: Annual timing of Roth IRA contribution
Replies: 15
Views: 1396

Re: Annual timing of Roth IRA contribution

The one reason to wait is if you are close to the contribution limit. Your W-2 income may be low enough but is it possible that you may realize capital gains or receive some kind of windfall during the year that might put you over? This nailed me a couple of years ago. I had maxed out DW's and my R...
by oldcomputerguy
Sat Nov 18, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: Charge card, what info embedded in chip?
Replies: 9
Views: 841

Re: Charge card, what info embedded in chip?

My credit card company has my cell number; I explicitly provided it in order to receive notifications of transactions to help keep an eye out for fraud. Could this be something like that?
by oldcomputerguy
Sat Nov 18, 2017 1:59 pm
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 13
Views: 712

Re: Any of you trade just a little as a hobby?

This might be like asking people at an AA meeting over for a drink but it IS an investing forum so... I've made no secret that up to 85% of my NW was in a single stock for almost 20 years (company stock) and even post-NUA I'm still at around 17%, BUT I've never traded anything else. Do you do it? C...
by oldcomputerguy
Sat Nov 18, 2017 8:04 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 133
Views: 9758

Re: Is holding bonds now dangerous?

What would be your objective in holding bonds -- additional gain, or safety in a downturn? If the former, your position might be correct. However, I hold them to provide ballast in case of an equity downturn, and I don't really see that changing all that much.
by oldcomputerguy
Fri Nov 17, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: Suggestions for 1st week vacation in 2018?
Replies: 21
Views: 1254

Re: Suggestions for 1st week vacation in 2018?

St Lucia? Beautiful. +1 on St. Lucia. DW and I went there for our 20th anniversary, and we're making a return trip to the same resort for our 40th next year. And they've got a "walk through" volcano. (No, there's no lava flowing right at your feet :shock: - it's more like overlooking bubbling pools...
by oldcomputerguy
Fri Nov 17, 2017 10:28 am
Forum: Personal Consumer Issues
Topic: Issue with Bank of America credit card
Replies: 8
Views: 992

Re: Issue with Bank of America credit card

Close the card, close the bank account, and go somewhere else. Life is too short.
by oldcomputerguy
Fri Nov 17, 2017 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity fund fees for different fund classes
Replies: 7
Views: 529

Re: Fidelity fund fees for different fund classes

F150HD wrote:
Fri Nov 17, 2017 7:34 am
does it generate a taxable event when it upgrades? (if in taxable)
No, it does not.
by oldcomputerguy
Thu Nov 16, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Windows 10/Edge Conflicts
Replies: 12
Views: 845

Re: Windows 10/Edge Conflicts

Edge is the default browser now, but Internet Explorer is still on your machine (for now). Yes , found it under "Windows Accessories" and it's now on the Taskbar - Edge works great for most of my needs and now I have Mozilla for the eye doc's portal and IE 11 for the bank - I wouldn't imagine Chrom...
by oldcomputerguy
Thu Nov 16, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: sell fidelity index mutual fund and replace with etf index for tax benefit?
Replies: 21
Views: 1719

Re: sell fidelity index mutual fund and replace with etf index for tax benefit?

Would Fidelity permit an exchange to ITOT like Vanguard does? That'd address the tax issue if permitted. Vanguard's equivalency of mutual and exchange-traded fund classes is patented, so no, Fidelity can't do that. There would have to be a sale followed by a purchase, which would involve realizing ...
by oldcomputerguy
Thu Nov 16, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab charging $76 for VG funds
Replies: 31
Views: 3661

Re: Schwab charging $76 for VG funds

That transaction fee, charged on buys but not sells, is Schwab's. It is not Vanguard's fee. There are a number of funds (fortunately a pretty small number) where Schwab imposes that standard flat fee - not just for Vanguard. Dodge and Cox is one example. Fidelity also charges a fee ($75) to purchas...
by oldcomputerguy
Thu Nov 16, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102259

Re: U.S. stocks in freefall

Johm221122 wrote:
Thu Nov 16, 2017 9:25 am
oldcomputerguy wrote:
Wed Nov 15, 2017 9:15 pm


If only we could control that ...
We don't need to control it,we just need a basic idea of what the market will do and when :sharebeer
I have a basic idea of what the market will do. It will go up, and it will go down.

I just am having a bit of problem wrapping my mind around "when".
by oldcomputerguy
Thu Nov 16, 2017 9:31 am
Forum: Investing - Theory, News & General
Topic: The passive investing trap
Replies: 23
Views: 4346

Re: The passive investing trap

So a financial advisor I no longer do business with (Good for you) sent me this article about The Passive Investing Trap. The author seems to be arguing against ETFs in general, and ETF index funds in particular, but I don't see where he's going with it (he's not advocating any alternative that I c...
by oldcomputerguy
Wed Nov 15, 2017 9:18 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4303

Re: Regrets after reaching retirement?

My only regret is that I didn’t know twenty years ago what I now know about investing, I might have done a better job of accumulating for retirement. Oh, well ...
by oldcomputerguy
Wed Nov 15, 2017 9:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102259

Re: U.S. stocks in freefall

...Imagine when (and it could be tomorrow...or...maybe not) that we have one of those normal corrections. Many people will lose their minds! What about a 15% drop!? Oh and when that happens, you won't see a peep out of the "WHAT ARE YOU UP YTD" thread... I did a bit of math here, as an experiment, ...
by oldcomputerguy
Wed Nov 15, 2017 6:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102259

Re: U.S. stocks in freefall

...Imagine when (and it could be tomorrow...or...maybe not) that we have one of those normal corrections. Many people will lose their minds! What about a 15% drop!? Oh and when that happens, you won't see a peep out of the "WHAT ARE YOU UP YTD" thread... I did a bit of math here, as an experiment, ...
by oldcomputerguy
Wed Nov 15, 2017 1:56 pm
Forum: Investing - Theory, News & General
Topic: Beta and the Market
Replies: 9
Views: 535

Re: Beta and the Market

So the beta of an Emerging Markets index fund, or European index fund is compared to the S&P 500 or total US stock market? The US market is the comparison all other diversified funds are compared to? I'm guessing that emerging market funds are probably more appropriately compared to the MSCI Emergi...
by oldcomputerguy
Wed Nov 15, 2017 1:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102259

Re: U.S. stocks in freefall

It feels like a consolidation. A few folks taking profits, a few sharp drops, and more likely than not this just trails out over a few weeks before everyone settles down from the November jitters. Then you get the Christmas boost and we hit 2595 on the S&P and I will have I used all my luck for the...
by oldcomputerguy
Wed Nov 15, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102259

Re: U.S. stocks in freefall

Somehow, I just knew we'd be back here today.
by oldcomputerguy
Wed Nov 15, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Gains in IRA [are they taxable?]
Replies: 8
Views: 658

Re: Capital Gains in IRA [are they taxable?]

If the sale happens inside your IRA, then no, you will not incur capital gain taxes. What will ultimately happen is that the gains, when withdrawn from the IRA down the road as cash, will be taxed as ordinary income (the taxes are deferred). Whoever told you that you would have to pay capital gains ...
by oldcomputerguy
Wed Nov 15, 2017 7:22 am
Forum: Personal Consumer Issues
Topic: How do you stop junk mail?
Replies: 29
Views: 1505

Re: How do you stop junk mail?

One reason to look forward to retirement: all the time you'll have to punish these entities for sending you unwanted junk. Nah. Life's too short, and there are too many of these things. I don't let it occupy my mind or time. Junk mail goes into the recycling bin. Done. There are other, more irritat...
by oldcomputerguy
Tue Nov 14, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Shiller is 'concerned' after lowest sentiment data readings in over 16 years
Replies: 8
Views: 2060

Re: Shiller is 'concerned' after lowest sentiment data readings in over 16 years

The Conference Board Consumer Confidence improved to "it's highest level in almost 17 years" in October. https://www.conference-board.org/data/consumerconfidence.cfm The University of Michigan doesn't indicate any drastic changes in consumer sentiment in early November. http://www.sca.isr.umich.edu...
by oldcomputerguy
Tue Nov 14, 2017 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion of Total Stock Market Index
Replies: 21
Views: 2299

Re: Opinion of Total Stock Market Index

It is true that TR funds are less tax efficient due to interest on the bonds, but it doesn't sound right that the entire dividend is taxed as ordinary income. Don't TR funds separate qualified and not-qualified portion of the dividend? As a side note, for what it's worth, VTSAX does not always pay ...
by oldcomputerguy
Tue Nov 14, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: Did you want to set up a payment plan for that?
Replies: 19
Views: 2368

Re: Did you want to set up a payment plan for that?

I have had two phones with Consumer Cellular. First was an Android-based Samsung, second was (and is) an iPhone SE. Paid cash up front for both.
by oldcomputerguy
Tue Nov 14, 2017 10:47 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a 'chaotic system' that could be dangerous?
Replies: 20
Views: 1768

Re: Passive investing is a 'chaotic system' that could be dangerous?

It isn't immune, and it doesn't claim to be. Nobody thinks (or at least nobody with a basic understanding thinks) that a broad index strategy can consistently beat the market - or beat it at all. The strategy is explicitly not trying to. It can however, as any other strategy can, match the market b...
by oldcomputerguy
Tue Nov 14, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: problem new Vanguard Global Wellington fund
Replies: 29
Views: 1895

Re: problem new Vanguard Global Wellington fund

I already have that. And it clearly shows no activity info. My post says there is no info available (holdings, performance), while displaying the fund changes. My question asking if this is normal is not about how the market goes up and down :!: - but about the display of activity without the back-...
by oldcomputerguy
Tue Nov 14, 2017 7:18 am
Forum: Investing - Help with Personal Investments
Topic: problem new Vanguard Global Wellington fund
Replies: 29
Views: 1895

Re: problem new Vanguard Global Wellington fund

my name wrote:
Tue Nov 14, 2017 6:37 am
So I've lost a bit of money. Is this a normal start for a new fund?
I don't know about whether it's normal for a new fund, but I would say that the described drop (0.6%) isn't unusual at all, for any investment in the market.
by oldcomputerguy
Tue Nov 14, 2017 7:07 am
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3234

Re: Buffett 90/10 Portfolio vs Target Retirement

So currently I have 90% of my assets in the S&P 500 and 10% in cash. Wow. That's way more risk than I ever was comfortable carrying. Are you prepared to see about 40-45% (or maybe more) of your total holdings vanish in the next bear market? Something about not having international diversification m...
by oldcomputerguy
Tue Nov 14, 2017 6:01 am
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 5194

Re: Keurig died...what now?

If you decide to replace it, try not to get a "Keurig II"-type machine. The second generation Keurig machines incorporated DRM (digital rights management) and will only work with cups that incorporate matching DRM features, which leaves out a lot of the third-party manufacturers. There are multiple ...