Search found 3700 matches

by oldcomputerguy
Sat Feb 16, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: MA Tax Issue: SS card or letter, and processing cancellation threat.
Replies: 13
Views: 480

Re: MA Tax Issue: SS card or letter, and processing cancellation threat.

Call me cynical and suspicious, but your entire post, each and every item, screams “fraud”. Are you absolutely certain this came from where it appears to come from? Why on earth would the State of Massachusetts need a photocopy of your SS card?
by oldcomputerguy
Sat Feb 16, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 63
Views: 3621

Re: Vanguard Tax 2018 Forms Now Online

For what it’s worth, Vanguard told me that my 1099-Consolidated (for brokerage account) is being held until about Feb 16th because I have a non-Vanguard asset in the account. They want to give non-Vanguard securities companies more time to, hopefully, avoid the need for corrections. (Another family...
by oldcomputerguy
Sat Feb 16, 2019 6:59 am
Forum: Personal Investments
Topic: 2018 1099-B
Replies: 4
Views: 339

Re: 2018 1099-B

Well, I'm still waiting for my 1099-DIV form. So yeah, it's not just you. To be fair, though, Vanguard announced early on that these forms for brokerage accounts should be available "mid-February", and yesterday was the 15th, so we're not seriously off predicted availability just yet.
by oldcomputerguy
Fri Feb 15, 2019 8:31 pm
Forum: Investing - Theory, News & General
Topic: Did you get spooked by the December 2018 fall and gave up on passive?
Replies: 124
Views: 6225

Re: Did you get spooked by the December 2018 fall and gave up on passive?

My IPS says to check twice a year (on my birthday and six months prior) and, if more than 5% off target, rebalance. I rebalanced in January.
by oldcomputerguy
Fri Feb 15, 2019 4:48 pm
Forum: Investing - Theory, News & General
Topic: How do I respond to this advisor?
Replies: 30
Views: 3667

Re: How do I respond to this advisor?

What I found interesting was the suggestion that the majority of retirement funds should be placed in SCV funds. The rationale was that since 1970 this fund area has the highest yields and lowest risk. Lowest risk? Not according to Portfolio Visualizer. From 1972 to date, Total Market shows a stand...
by oldcomputerguy
Fri Feb 15, 2019 4:44 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1101
Views: 112810

Re: Personal favorite TV/cable series

M*A*S*H, and anything written and/or produced by Aaron Sorkin.
by oldcomputerguy
Fri Feb 15, 2019 1:13 pm
Forum: Investing - Theory, News & General
Topic: How do I respond to this advisor?
Replies: 30
Views: 3667

Re: How do I respond to this advisor?

What I found interesting was the suggestion that the majority of retirement funds should be placed in SCV funds. The rationale was that since 1970 this fund area has the highest yields and lowest risk. Lowest risk? Not according to Portfolio Visualizer. From 1972 to date, Total Market shows a stand...
by oldcomputerguy
Fri Feb 15, 2019 8:11 am
Forum: Personal Consumer Issues
Topic: Refurbished smart phone or new Consumer Cellular Smart phone?
Replies: 9
Views: 597

Re: Refurbished smart phone or new Consumer Cellular Smart phone?

I use consumer cellular and bought the lowest end Iphone new for $200, at that time it was the 5s. Now it's the 6s for $200. Being able to integrate with your apple products would be nice, and likely the camera and audio will be more than adequate. I'm not a tech person either and use my phone for ...
by oldcomputerguy
Fri Feb 15, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Optum Bank HSA - customer support?
Replies: 2
Views: 209

Optum Bank HSA - customer support?

Yesterday, we used the "contact us" form at Optum to ask a question regarding setting or changing the PIN on the HSA's associated debit card. This morning, we got the response back from them via email. Rather than them writing a simple "how-to" answer, however, they sent an email with a large attach...
by oldcomputerguy
Thu Feb 14, 2019 6:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1806386

Re: U.S. stocks in free fall

I sold about 5% of my portfolio in equities yesterday. I was 50% allocated and now I am 45%. I wondering if I should sell SPY 250 PUTs for Dec 2019, it gives me 3.5% additional yield and if markets goes that low, I am ok buying back what I sold for 275. Any thoughts? Sounds to me like market timing...
by oldcomputerguy
Wed Feb 13, 2019 9:37 am
Forum: Personal Investments
Topic: Why international?
Replies: 141
Views: 8988

Re: Why international?

Why then is international diversification touted by all the financial advisers and also on Bogleheads? One word: Diversification Indeed. Investing in VTSAX is investing in 3,508 companies. Investing in VTSAX and VTIAX combined is investing in 9,882 companies (assuming for the sake of argument that ...
by oldcomputerguy
Wed Feb 13, 2019 7:51 am
Forum: Personal Consumer Issues
Topic: Best site for reverse phone number lookup
Replies: 24
Views: 2308

Re: Best site for reverse phone number lookup

Looking up the number of the caller is a waste of time. Numbers can (and usually are) spoofed these days. I don't even accept incoming calls on my landline anymore. The home landline stays on "do not disturb" and rejects all incoming calls. I only keep the landline service in place for E911 service ...
by oldcomputerguy
Tue Feb 12, 2019 6:12 am
Forum: Personal Consumer Issues
Topic: Anyone Affected by Google+ Shutdown in April
Replies: 5
Views: 721

Re: Anyone Affected by Google+ Shutdown in April

I have account there whose sole purpose is to receive pics of granddaughter posted by parents. I assume those pics will vanish in April? Any way to estimate the size of archived file that will be generated if you attempt to save the pics. Any way to save those photos in Google+ to Google Photos? Ir...
by oldcomputerguy
Tue Feb 12, 2019 6:06 am
Forum: Personal Investments
Topic: 401K Election Options
Replies: 6
Views: 428

Re: 401K Election Options

Looking for feedback on which investments to use in my 401K. Looking for an asset allocation of 70/20/10 (US Stock / International Stock / Bonds). Does it make sense to continue with the same philosophy I use in my taxable account (low cost Index Funds)? Or is it better to use actively managed fund...
by oldcomputerguy
Mon Feb 11, 2019 4:28 pm
Forum: Personal Consumer Issues
Topic: What Happens If You Ignore Being Served a Lawsuit?
Replies: 68
Views: 5328

Re: What Happens If You Ignore Being Served a Lawsuit?

Check with the court and make sure it's legitimate, first off. I'm not sure that taping a summons to a door is legal service. (IANAL)

That being said, don't ignore it. If it's legitimate, and you don't file a response, the Court likely will enter a default judgment against you.
by oldcomputerguy
Sat Feb 09, 2019 6:12 am
Forum: Personal Investments
Topic: How to trade index funds by percentage on Fidelity?
Replies: 9
Views: 569

Re: How to trade index funds by percentage on Fidelity?

I believe you have to trade mutual funds by dollar amount on Fidelity. If you'd rather not do the repetitive calculations, a spreadsheet might help; just build a simple spreadsheet using the percentages you want, save it out, then each time you do the purchase just drop the total amount in and have ...
by oldcomputerguy
Fri Feb 08, 2019 6:56 am
Forum: Personal Investments
Topic: Why BND in IRA? (vs Munis in taxable)
Replies: 13
Views: 934

Re: Why BND in IRA? (vs Munis in taxable)

I'm so bad with understanding taxes... I had an idea tonight.. not sure how valid it is. I have a 3 stock portfolio: VTI, VXUS, BND. VTI/VXUS in taxable, rest of VXUS/BND in tax advantaged. The first question that comes to my mind is, exactly what do you mean by "tax-advantaged"? That term could ei...
by oldcomputerguy
Thu Feb 07, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Employer Soliciting PAC Donations
Replies: 15
Views: 1056

Re: Employer Soliciting PAC Donations

Your money, your choice. I have frequently contributed to my workplace’s United Way campaign, and in fact just contributed again to their campaign (even though I am retired), but it was always, always because I just wanted to. If your employer punishes you for not contributing, you need to find a ne...
by oldcomputerguy
Thu Feb 07, 2019 8:56 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72086

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Opened a new HSA at Fidelity last night, could not have been easier. Initially, it looked as if I would have to fill out and send in the PDF (paper) application form . However, when I googled around a bit for "open Fidelity HSA", it took me to this page . First question was, "are you already a Fidel...
by oldcomputerguy
Tue Feb 05, 2019 5:33 pm
Forum: Personal Consumer Issues
Topic: How to find an airline's departure gate in advance?
Replies: 26
Views: 1244

Re: How to find an airline's departure gate in advance?

Just got an AA notice that our flight in May has been changed. (Using miles for this trip - wondering if that is why we were changed). Originally scheduled to land @ 7:50 AM in Miami for a 9:40 AM connecting flight. Now arrival time is 9:45 for a 10:35 departure. First concern - only 50 minutes to ...
by oldcomputerguy
Tue Feb 05, 2019 2:28 pm
Forum: Investing - Theory, News & General
Topic: When Value Performs Poorly
Replies: 15
Views: 1068

Re: When Value Performs Poorly

One of the advantages of total market index funds is their low-cost and relative consistency. For example, Vanguard Total Stock Market Index Fund (VTSAX) has beaten its Morningstar category average every year since its inception in 2001. Since 01/01/2001, $10,000 invested in Vanguard Small Cap Valu...
by oldcomputerguy
Tue Feb 05, 2019 2:22 pm
Forum: Personal Investments
Topic: ? Tips as income for IRA/Roth
Replies: 11
Views: 484

Re: ? Tips as income for IRA/Roth

IRA limits for individual is $5,500 so $5,500. She is in the 0% bracket so do a ROTH account. Tax bill should be 0.00 Isn't it $6,000 for 2019? Sure, but if you're looking at a 2018 W-2, then the assumption is it's a 2018 contribution. :oops: You're absolutely right. I didn't trigger on that, I was...
by oldcomputerguy
Tue Feb 05, 2019 2:03 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds w/ 0.09%ER
Replies: 20
Views: 1998

Re: Target Date Funds w/ 0.09%ER

My company switched over to Vanguard last year for our 401k, which has been nice. We have access to the Target Date funds. I had a mixture of 4 funds, all low cost Vanguard funds, in my portfolio. Recently, I exchanged everything and went all in to the 2045 fund, which currently is about 90/10 stoc...
by oldcomputerguy
Tue Feb 05, 2019 2:02 pm
Forum: Personal Investments
Topic: ? Tips as income for IRA/Roth
Replies: 11
Views: 484

Re: ? Tips as income for IRA/Roth

Retired2013 wrote:
Tue Feb 05, 2019 1:52 pm
IRA limits for individual is $5,500 so $5,500. She is in the 0% bracket so do a ROTH account. Tax bill should be 0.00
Isn't it $6,000 for 2019?
by oldcomputerguy
Mon Feb 04, 2019 9:43 am
Forum: Personal Consumer Issues
Topic: Mazda Miata as Daily Commute Fun Car?
Replies: 94
Views: 4744

Re: Mazda Miata as Daily Commute Fun Car?

When DW's Toyota Tercel wore out back in 1999, we bought her a Miata. At the time, it was a very fun little car for her, she used it to commute to work every day that weather permitted. But that was twenty years ago, and we were both twenty years younger. Back in 2010, she concluded that she could n...
by oldcomputerguy
Sun Feb 03, 2019 6:35 pm
Forum: Personal Investments
Topic: Is dividend/cap gain reinvestment supposed to look like a loss?
Replies: 30
Views: 1330

Re: Is dividend/cap gain reinvestment supposed to look like a loss?

If I have four quarters in my pocket worth a dollar and the treasury gives me a nickle for each quarter and reduces the value of the quarter to 20 cents each I now only have 80 cents worth of quarters and 20 cents worth of nickles totaling $1. How am I ahead? If I had received 20 cents interest on ...
by oldcomputerguy
Sun Feb 03, 2019 4:28 pm
Forum: Personal Consumer Issues
Topic: The real dog food diet...
Replies: 59
Views: 3740

Re: The real dog food diet...

We have two dogs, one a younger adult (5 years) and the other an older dog of fifteen. Both are doing very well on Blue Buffalo.
by oldcomputerguy
Sun Feb 03, 2019 9:15 am
Forum: Personal Investments
Topic: Ally Bank's nightmarish online reviews -- should I be worried?
Replies: 97
Views: 8688

Re: Ally Bank's nightmarish online reviews -- should I be worried?

I'll add my voice to those above and say that, while I've only been with them a couple of years, I've had zero problems with them.
by oldcomputerguy
Sun Feb 03, 2019 9:13 am
Forum: Investing - Theory, News & General
Topic: Do you still get Vanguard year-end statements?
Replies: 9
Views: 1061

Re: Do you still get Vanguard year-end statements?

Obviously I will contact Vanguard on a weekday, but I went paperless this year and I don’t see a year-end statement online. For years now, I’ve downloaded the monthlies online and received the year-end in the mail. Has anyone downloaded theirs? My electronic statement for December 2018 included yea...
by oldcomputerguy
Fri Feb 01, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: Worst December...Best January
Replies: 29
Views: 3670

Re: Worst December...Best January

alter wrote:
Fri Feb 01, 2019 5:47 pm
I'm up 14% on my VOO purchase 5 weeks ago 8-)
For what little it may be worth, I've been shoving some play money bucks into emerging markets over the past six weeks, and it's up almost 6% now. :beer
by oldcomputerguy
Fri Feb 01, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: A couple of (probably basic) HSA questions
Replies: 16
Views: 854

Re: A couple of (probably basic) HSA questions

Oldcomputerguy - I assume you are both age 55 or older? Yep, She's about to turn 60, and I am 63. If so, then you and your wife can contribute up to a total of $9,000 in 2019 ($7,000 + $1,000 catch up contribution for each of you). If you want to do a combined $9,000 contribution, you'll need to op...
by oldcomputerguy
Fri Feb 01, 2019 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: A couple of (probably basic) HSA questions
Replies: 16
Views: 854

Re: A couple of (probably basic) HSA questions

Yes, the family contribution limit applies to both spouses combined. As has been pointed out, each HSA eligible spouse gets an additional $1000 catch-up contribution if they will be >= 55 for that year. The catch-up contribution must be contributed to each spouse's individual HSA account. Keep in m...
by oldcomputerguy
Fri Feb 01, 2019 3:25 pm
Forum: Personal Investments
Topic: New Money - Can I get it tax-protected?
Replies: 31
Views: 1698

Re: New Money - Can I get it tax-protected?

How about over the next three years you and your wife each buy $10,000 of I-bonds? They are tax-deferred until you cash them in.
by oldcomputerguy
Fri Feb 01, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Could Credit Card Work as Hypothetical Emergency Fund Instead of Cash?
Replies: 43
Views: 2233

Re: Could Credit Card Work as Hypothetical Emergency Fund Instead of Cash?

I consider a credit card balance to be an emergency itself. The only way credit cards should figure in an emergency plan is that you can float the outlay a month or so which gives you plenty of time to transfer the money from your savings account or wherever. Exactly my rationale. We have our emerg...
by oldcomputerguy
Fri Feb 01, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: A couple of (probably basic) HSA questions
Replies: 16
Views: 854

Re: A couple of (probably basic) HSA questions

You have to have earned income to contribute to HSA and be covered by eligible HDHP at the same time. Bolded portion is incorrect. You can contribute even with no earned income, unlike with an IRA . (That doesn't impact the OP but wanted to correct that for the record.) Actually, as long as you fil...
by oldcomputerguy
Fri Feb 01, 2019 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: A couple of (probably basic) HSA questions
Replies: 16
Views: 854

Re: A couple of (probably basic) HSA questions

You have to have earned income to contribute to HSA and be covered by eligible HDHP at the same time. Obviously, you personally do not qualify, so you cannot open HSA in your name. However, since your wife does meet qualifications, and you are covered by her insurance, she is eligible to contribute...
by oldcomputerguy
Fri Feb 01, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: A couple of (probably basic) HSA questions
Replies: 16
Views: 854

A couple of (probably basic) HSA questions

My wife's workplace health insurance changed over this year to a HDHP with HSA. We are both covered by her insurance, and have no other coverage. Since I am covered by her insurance, am I eligible to open my own individual HSA separate from hers? Also, can I contribute cash to either her or my HSA, ...
by oldcomputerguy
Fri Feb 01, 2019 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Marriage "Benefits"
Replies: 108
Views: 8925

Re: Marriage "Benefits"

We got married by my pastor at my church, in a quick ceremony that involved me, DW, the pastor, best man, maid of honor, and two other friends as witnesses. I wore a casual suit that I already had, she wore a simple white dress. Total expenditure on our wedding was the $200 (in 1978 dollars) for our...
by oldcomputerguy
Thu Jan 31, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Need help with computer crash!
Replies: 90
Views: 4111

Re: Need help with computer crash!

I’m nervous about ordering from Amazon, especially a refurb should something go wrong and having to “ship back” vs. returning to a store. Newegg site someone here recommended looks very questionable and sends a red flag. Additionally, I’m so stressed thinking about windows 10 and heard from many fo...
by oldcomputerguy
Thu Jan 31, 2019 7:02 pm
Forum: Personal Consumer Issues
Topic: iPhones with trade in
Replies: 22
Views: 1227

Re: IPhone Sale from APple

Still rocking my 6S from 3+ years ago. Replaced the battery last year and will likely do it again within a year. If you have the 6S or the SE, I’m not sure there’s a great reason to upgrade unless you really need animated emojis Might also look at whether newer phones cover bands in your area that ...
by oldcomputerguy
Wed Jan 30, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: Market [Does the first and last hour of trading date dictate performance?]
Replies: 12
Views: 1041

Re: Market

As a buy-and-hold investor, why should it matter, even if it is true?
by oldcomputerguy
Wed Jan 30, 2019 7:19 am
Forum: Personal Investments
Topic: Diversification ideas
Replies: 97
Views: 5038

Re: Diversification ideas

HEDGEFUNDIE wrote:
Tue Jan 29, 2019 8:26 pm
BoggledHead2 wrote:
Tue Jan 29, 2019 8:06 pm
You want more diversification than literally owning every company worth owning in the world?
Yes. Because that’s not diversification at all.
Just curious, how do you personally define "diversification"?
by oldcomputerguy
Wed Jan 30, 2019 6:48 am
Forum: Personal Investments
Topic: How much stocks for 5 years?
Replies: 16
Views: 1093

Re: How much stocks for 5 years?

If I were coming to the US for a five year job and then returning to my home country, I would not invest in any US stocks or bonds. I would just put any saved monies into a high yield savings account. This. Five years is too short a time to ride the stock market. An online savings such as Ally woul...
by oldcomputerguy
Mon Jan 28, 2019 2:28 pm
Forum: Personal Consumer Issues
Topic: What is the best all-inclusive resort you have ever visited?
Replies: 79
Views: 12816

Re: What is the best all-inclusive resort you have ever visi

They are all so different, it really depends on what you want to do and the kind of atmosphere you are after. As two extremes, Some people love Zoetry (I do), others love hedonism ( I haven't been there, but know people who love it). Need more info on what you want. Here are our requirements: 1. Lo...
by oldcomputerguy
Mon Jan 28, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: What is the best all-inclusive resort you have ever visited?
Replies: 79
Views: 12816

Re: What is the best all-inclusive resort you have ever visited?

midareff wrote:
Mon Jan 28, 2019 1:26 pm
A Viking Cruise ship.
Viking is not quite "all-inclusive", but they're close. Alcoholic beverages are only "included" with meals, otherwise they're extra.

My wife and I are fans of Sandals, and consider the South Coast resort our "go-to" beach destination. YMMV.
by oldcomputerguy
Sun Jan 27, 2019 6:38 am
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 3670

Re: What do you think about swing trading?

Having said that, I don't understand one point from your example above: why me (or any other individual swing stock trader) and the opposite party (say, a hedge fund) would necessarily have to have an opposite expectation of any stock's potential movement direction? Let me ask you this: would you b...
by oldcomputerguy
Sun Jan 27, 2019 6:33 am
Forum: Personal Investments
Topic: tIRA withdrawal question
Replies: 15
Views: 836

Re: tIRA withdrawal question

So as for the withdrawal that’s all you need to do, sell it, let the funds settle, identify how much in taxes to withhold and than transfer to your checking/savings account ? That's it. It's actually pretty simple. I'll be doing my first RMD this year (starting with a QCD soon after I hit the 70.5 ...
by oldcomputerguy
Sat Jan 26, 2019 9:12 pm
Forum: Personal Investments
Topic: tIRA withdrawal question
Replies: 15
Views: 836

Re: tIRA withdrawal question

Oak&Elm wrote:
Sat Jan 26, 2019 8:14 pm
So as for the withdrawal that’s all you need to do, sell it, let the funds settle, identify how much in taxes to withhold and than transfer to your checking/savings account ?
That's it. It's actually pretty simple.
by oldcomputerguy
Sat Jan 26, 2019 9:09 pm
Forum: Personal Investments
Topic: Anyone try the Five Fund Portfolio?
Replies: 18
Views: 1758

Re: Anyone try the Five Fund Portfolio?

If this portfolio is what you feel is best for you, there's nothing wrong with doing it this way. By adding additional small-cap and emerging markets, you're essentially making a bet that those sectors will outperform going forward versus a straight total-market allocation, but if that's what you w...
by oldcomputerguy
Sat Jan 26, 2019 8:47 pm
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 74
Views: 13030

Re: Set it and forget it

mptfan wrote:
Sat Jan 26, 2019 8:07 am
Also it's a good idea to regularly check your portfolio to avoid potential fraud.
This. One should at least check monthly when one receives (or downloads) one's account statements, if for no other reason than to make sure one hasn't been hacked and robbed.