Search found 2252 matches

by oldcomputerguy
Sun Jan 21, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Account Fraud
Replies: 20
Views: 2594

Re: Account Fraud

Besides text alerts, you need to use a good email service provider (i.e. Gmail NOT Yahoo) and make sure that you set it up with 2 factor authentication. If your email get's hacked, hackers can gain access to accounts that utilize it (fairly easily). I can't believe the number of people that still u...
by oldcomputerguy
Sun Jan 21, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Account Fraud
Replies: 20
Views: 2594

Re: Account Fraud

I use a Chromebook to access my account, so can't run antivirus/antispyware as they specify. I've wondered if they could use that technicality as a way to get out of paying a reimbursement, even though a Chromebook is arguably more secure than a PC as CB's are inherently antivirus/antispyware. I ho...
by oldcomputerguy
Sun Jan 21, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab vs fidelity
Replies: 25
Views: 1880

Re: Schwab vs fidelity

Moving a Fidelity 401k to a Fidelity IRA is silly simple. I did that about a year ago. Just call Fidelity and tell them what you want. They'll handle it. And unless you're in some Institutional-class funds in your 401k, they should be able to transfer in-kind, you will likely not be out of the marke...
by oldcomputerguy
Sun Jan 21, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Xfinity broadband: should I try to negotiate a better deal?
Replies: 16
Views: 630

Re: Xfinity broadband: should I try to negotiate a better deal?

Not to sound snarky, but since you indicate that you have no other options available, it seems to me that you've answered your own question. No snark taken, but I think you’re wrong. I’m asking if anyone in a similar situation has tried something that may be worth pursuing—or verifying that it’s de...
by oldcomputerguy
Sun Jan 21, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 52
Views: 1946

Re: Laughter is the Best Medicine - What makes you Laugh?

in_reality wrote:
Sun Jan 21, 2018 5:12 am
Eagles Vikings trash talk.

Vikings fans: You haven't had a good team since 1776.

Eagles fans: Minnesotans are just Norwegians who weren't clever enough to go back home.

Skål!
Wow! And I thought SEC college football had some trash talk!
by oldcomputerguy
Sun Jan 21, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Xfinity broadband: should I try to negotiate a better deal?
Replies: 16
Views: 630

Re: Xfinity broadband: should I try to negotiate a better deal?

Not to sound snarky, but since you indicate that you have no other options available, it seems to me that you've answered your own question.
by oldcomputerguy
Sun Jan 21, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 6694

Re: Lost money through Bitconnect scam - learned my lesson

There is no blockchain without bitcoin. Without Bitcoin, it is just another database. Then I must ask, if blockchain's only reason for existence is Bitcoin, then why is blockchain such a big deal? If its only value is to support a speculative, pyramid "investment", does it really have the value eve...
by oldcomputerguy
Sun Jan 21, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: "Why You Should Probably Just Give Up Trying To Beat The Stock Market"
Replies: 19
Views: 2452

Re: "Why You Should Probably Just Give Up Trying To Beat The Stock Market"

My problem with this article is it doesn't differentiate between active and passive strategies--it just says "mutual funds". I mean, Vanguard's TSM is a mutual fund. And, because it should closely mirror the performance of the market every year, while most funds will lag due to expenses, I'd expect...
by oldcomputerguy
Sun Jan 21, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Singing Praises for the Capital One Credit Card
Replies: 7
Views: 1194

Re: Singing Praises for the Capital One Credit Card

The Capital One website card is SO easy to use and navigate in comparison to others, the 2% cash is rebated immediately, never a problem. I just can't say enough good things about the card, their website, even the few times I've had to call in, they really have their act together in my opinion. Wel...
by oldcomputerguy
Sat Jan 20, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Make me feel good about my bond allocation
Replies: 35
Views: 3192

Re: Make me feel good about my bond allocation

I recently started upping my bond allocation and I initially felt the same - it was a drag on returns. Then I decided to stop looking at it that way and start looking at the dollar figure as money I had "safe." Now when I rebalance into bonds, I see my "safe" number go up. Made me feel a little bet...
by oldcomputerguy
Sat Jan 20, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 52
Views: 1946

Re: Laughter is the Best Medicine - What makes you Laugh?

ResearchMed wrote:
Sat Jan 20, 2018 7:49 pm
This is TOO funny!

I'd love to find a recording of this, to listen to how Click and Clack handled the "symptoms" :D
See PM.
by oldcomputerguy
Sat Jan 20, 2018 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover kills deduction?
Replies: 4
Views: 414

Re: Rollover kills deduction?

You should also include an explanatory statement with your return. +1 this. When we had to jump through these hoops, I ended up providing our tax accountant a letter with a detailed timeline (including contribution amounts as well as amounts of gain from the contributions) describing the recharacte...
by oldcomputerguy
Sat Jan 20, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover kills deduction?
Replies: 4
Views: 414

Re: Rollover kills deduction?

hey guys, I maxed out my roth IRA in 2017 and then decided to re-characterize $6k ($5.5k contributed, $0.5k return) over into a traditional IRA as that made sense for my expected MAGI. But on the Vanguard website for tax year 2017, there is no 1099-R available for my traditional IRA, only the Roth....
by oldcomputerguy
Sat Jan 20, 2018 7:36 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 52
Views: 1946

Re: Laughter is the Best Medicine - What makes you Laugh?

1. Stand up comedy, but it's very hard to find good ones. Netflix has a good library of current comedians, and the Hbo App has a lot of older classics. 2. Classic sitcoms. Everybody Loves Raymond and I Love Lucy. Since you mention “I Love Lucy,” you might appreciate this. Last night DW and I were e...
by oldcomputerguy
Sat Jan 20, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 52
Views: 1946

Re: Laughter is the Best Medicine - What makes you Laugh?

Ray and Tom Magliozzi from Car Talk. Their laughter is infectious! Yeah. They always came on the air right before Wait Wait. So sad when Tom died and they shut down production. One of my favorite callers had a complaint where his vehicle started up with no problem, initially had a lot of power, but...
by oldcomputerguy
Sat Jan 20, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 52
Views: 1946

Re: Laughter is the Best Medicine - What makes you Laugh?

Loony Tunes (Bugs, Daffy, Elmer Fudd, etc.), Bob and Ray, Tim Conway, Marx Brothers, Monty Python, Three Stooges, R. Pryor. I was watching an old Conway video the other day and I was crying helplessly with laughter. :D I gotta give you that. I think that Tim Conway's "Siamese Elephants" skit is the...
by oldcomputerguy
Sat Jan 20, 2018 6:55 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 52
Views: 1946

Re: Laughter is the Best Medicine - What makes you Laugh?

Henry Cho. Born and raised in Knoxville Tennessee of Korean parents (as he says in his show, "so I'm South Korean"). Sat in his show a couple times, laughed so hard I cried. And his show is totally, spic-n-span clean, in fact he prides himself on never having used a speck of profanity on stage. ETA:...
by oldcomputerguy
Sat Jan 20, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 6694

Re: Lost money through Bitconnect scam - learned my lesson

BTDT wrote:
Sat Jan 20, 2018 4:15 pm
I always feel like such a loser because my friends always tell me how much they win in Vegas while I refuse to play. I still can't figure out how those casinos survive if everybody wins :oops:
I can tell you from personal experience... not everybody wins.
:(
by oldcomputerguy
Sat Jan 20, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 4 in 1
Replies: 10
Views: 970

Re: Fidelity 4 in 1

That's an interesting questions: What's the tax inefficiency of the relative funds. Here's a breakdown of the capital gains taxes distributed on the three funds in December: FUSVX (S&P 500): $0.022 @ $93.48 FSEVX (extend mkt): $2.093 @ $61.53 FSTVX (total mkt): $0.406 @ 76.27. For a first order app...
by oldcomputerguy
Sat Jan 20, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 4 in 1
Replies: 10
Views: 970

Re: Fidelity 4 in 1

I love FFNOX! And absolutely intend to buy it myself in my i401k later this year. Great fund with a 0.11% ER. But not tax efficient from what I understand, so best used in a tax advantaged account. True to an extent. FFNOX holds some of Fidelity's U.S. Bond Index, so like any all-in-one fund, it's ...
by oldcomputerguy
Sat Jan 20, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 357
Views: 56723

Re: What's your one big takeaway from the Crash of 2008?

Ignorance is bliss. At the time of the 2008 crash the only investments we had were our 401k's. Through ignorance mine sat in 100% stock throughout, and I had no idea that this was a "bad thing" (like a lot of others, I read the newspaper headlines regarding the economy and the sub-prime mortgage pro...
by oldcomputerguy
Fri Jan 19, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 43
Views: 2493

Re: Telemarketing calls from my own prefix

I get a ton of these on my home landline (AT&T). Punching *78# puts my phone on Do Not Disturb. I can still dial out but incoming calls are blocked.
by oldcomputerguy
Fri Jan 19, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: MEC's instead of Bonds?
Replies: 18
Views: 719

Re: MEC's instead of Bonds?

From Investopedia : A life insurance policy that becomes an MEC is no longer considered life insurance by the IRS; MECs are essentially treated like nonqualifying annuities for tax purposes. This reclassification to an MEC changes the ways in which the IRS taxes money withdrawn, and can result in p...
by oldcomputerguy
Fri Jan 19, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: MEC's instead of Bonds?
Replies: 18
Views: 719

Re: MEC's instead of Bonds?

From Investopedia : A life insurance policy that becomes an MEC is no longer considered life insurance by the IRS; MECs are essentially treated like nonqualifying annuities for tax purposes. This reclassification to an MEC changes the ways in which the IRS taxes money withdrawn, and can result in pe...
by oldcomputerguy
Thu Jan 18, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: 4k UHD TVs worth it?
Replies: 58
Views: 3690

Re: 4k UHD TVs worth it?

This is one of the issues I continually shake my head over. Back near the start of the century, when TV broadcasters rolled out digital over-the-air and HD, one could frequently tell the difference between NTSC standard-definition resolution and HD resolution. (In fact, my wife, who saw no need at t...
by oldcomputerguy
Thu Jan 18, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Automatic Investing
Replies: 11
Views: 620

Re: Automatic Investing

I would like to set up an automated transfer and investment plan. I realize that I can have Fidelity remove the money from my bank account and automatically invest it according to the parameters I choose. What I am not so comfortable with is giving Fidelity permission to access my bank account ever...
by oldcomputerguy
Thu Jan 18, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: 0% growth on stocks for the next decade?
Replies: 16
Views: 1897

Re: 0% growth on stocks for the next decade?

In an article on March 22, 2017, Bogle was quoted as saying that investors should expect a 4% annual nominal return on stocks over the next decade (2% dividend + 2% growth). https://www.cnbc.com/2017/03/22/jack-bogle-believes-the-stock-market-will-return-only-4-annually-over-the-next-decade.html I ...
by oldcomputerguy
Thu Jan 18, 2018 6:58 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 71
Views: 4688

Re: Exit strategy for bitcoin

Your exit strategy is to bail when it was at $20,000. Failing that, I would bail ASAP. I hadn't bought it yet when it was at 20K$! :D I bought it when it had fallen at ~ 15K$ and thought I had made a bargain! :D :oops: This was the "strategy" I followed when I bought an energy-sector ETF a couple o...
by oldcomputerguy
Thu Jan 18, 2018 6:24 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 132
Views: 6183

Re: Short Commute or Nicer House?

Prices are roughly the same. I know this is a totally personal choice but would you take the short commute OR the bigger, nicer house and amenities? Well, up front, I know our situation wasn't the same as yours because we have no kids. But twenty years ago we made basically this very decision, eith...
by oldcomputerguy
Wed Jan 17, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling both tIRA and Roth to Fidelity - Should I roll them into one?
Replies: 4
Views: 148

Re: Rolling both tIRA and Roth to Fidelity - Should I roll them into one?

I have rolled my accounts over to Fidelity and have been pleased with the process; now I am preparing to do the same with my wife's account. Here's the wrinkle, there's less than $2500 in her tIRA, which is below the minimum investment requirement for any of the funds. Are these my options: -Roll t...
by oldcomputerguy
Wed Jan 17, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: The Free market Takes care of itself. EJ loses
Replies: 14
Views: 1480

Re: The Free market Takes care of itself. EJ loses

Fortunately I have a very business savvy boss/owner and he agreed to set me up with vanguard. He also agreed the fees are ridiculous. We are going to have a meeting regarding this giving everyone in the company an option of where they want to invest and why we are giving them the option. Congratula...
by oldcomputerguy
Wed Jan 17, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: likely date for a bitcoin crash: does this make sense to you?
Replies: 78
Views: 6848

Re: likely date for a bitcoin crash: does this make sense to you?

You can purchase anything from computer services, to pizza, real estate, a Tesla car, a Subway sandwich, airline tickets, women’s lingerie, or even manicures with Bitcoin. Amazon.com offers a 5% discount for any purchase made with Bitcoin.[/i] Given that, I wonder just how one would go about paying...
by oldcomputerguy
Tue Jan 16, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: Sell bonds during a market correction to buy cheaper equities?
Replies: 18
Views: 1784

Re: Sell bonds during a market correction to buy cheaper equities?

Why then are people sitting on the sidelines with cash waiting for a "deal" to come by? Because they think they know what the market is going to do. Nobody knows nuthin'. Am I understanding correctly that it's not worth having cash on hand for a buying opportunity? Just keep putting your money in t...
by oldcomputerguy
Tue Jan 16, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 39
Views: 2477

Re: Vanguard Tax Forms Now Online

As a side note, I just saw that the 1099-INT for my Ally emergency fund account is online.
by oldcomputerguy
Tue Jan 16, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 39
Views: 2477

Re: Vanguard Tax Forms Now Online

That’s why I won’t “upgrade” unless I’m forced to. +1. Brokerage investors will likely have to wait another month before getting their tax statements. Per the Vanguard web site: You can expect your forms starting in mid-January for mutual fund accounts and mid-February for brokerage accounts.
by oldcomputerguy
Tue Jan 16, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Tax implications of rebalancing
Replies: 7
Views: 514

Re: Tax implications of rebalancing

In 2015 I inherited about $169K and put it into the Vanguard Total Stock Market Index Fund. It has grown to $238,753 as of January 15. The asset allocation for my non-retirement taxable accounts is now 80% stocks and 20% bonds. My target is 50/50. Do you mean that the target for your portfolio as a...
by oldcomputerguy
Tue Jan 16, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Withholding Tables
Replies: 88
Views: 11003

Re: IRS announces new withholding tables for 2018

At the time of this post, the IRS has taken down the withholding tables from their site. https://www.irs.gov/pub/irs-pdf/n1036.pdf Not sure what you mean--they're still on the IRS site as of when I'm typing this post, as is the press release announcing them: https://www.irs.gov/newsroom/news-releas...
by oldcomputerguy
Mon Jan 15, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 9644

Re: Besides Bogleheads, What Are Your Favorite Forums?

The only other forum I ever spent significant time on shut down about four years ago, since then this is where I spend the majority of my online time.
by oldcomputerguy
Mon Jan 15, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: Maximizing Portfolio Growth Rate - Kelly Criterion - Empirical Market Data
Replies: 44
Views: 2969

Re: Maximizing Portfolio Growth Rate - Kelly Criterion - Empirical Market Data

Leveraged investing (investing on margin) was one of the greatest contributors to the severity and aftereffects of the market crash of 1929. No, thanks. I absolutely will not invest money I do not own.
by oldcomputerguy
Mon Jan 15, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: 50/50 AA recommended by Benjamin Graham
Replies: 16
Views: 1581

Re: 50/50 AA recommended by Benjamin Graham

Isn't a 50/50 Stock/Bond AA relatively high bond allocation for most? In the book titled The Intelligent Investor why does Benjamin Graham recommend this for most folks? I don't think his recommendation is quite that simple. While he does say that "the guiding rule is to maintain as nearly as pract...
by oldcomputerguy
Mon Jan 15, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2565

Re: Do people in the forum hold foreign bonds?

The effect of making 50% of bonds international--which is more than what Vanguard is doing currently in their all-in-one funds--versus no international, is to reduce the standard deviation from 9.5 to 9.3. (60/40 stock-bond column, 0% and 50% international bonds rows) As a side note, looking at the...
by oldcomputerguy
Mon Jan 15, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2565

Re: Do people in the forum hold foreign bonds?

There is a lot of debate both here and elsewhere over the topic of international investing. Regarding equities, many people think that it’s not necessary to invest in international equities because US companies have a large international presence. If one were to grant that, I can’t see why the same ...
by oldcomputerguy
Mon Jan 15, 2018 6:41 am
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3634

Re: Are land line phones still being supported?

We had a POTS line last year, with DSL service piggybacked on it. Due to our usage pattern, we were occasionally bumping our heads on the data cap on that line. When AT&T made U-verse available on our street, I checked, and for a bit less money we could go from our existing phone/DSL line to a U-ver...
by oldcomputerguy
Sun Jan 14, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 83
Views: 9034

Re: Aug. 2017 US total eclipse hotel reservations.

Curious how all of the eclipse hoopla turned out... were roads "packed for days" as stated earlier in the thread? Beats the heck out of me. DW and I watched total eclipse from our back yard. (It was spooky. As the eclipse progressed from partial to full, the night-time creatures that normally seren...
by oldcomputerguy
Sun Jan 14, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Understand Expense Ratio
Replies: 14
Views: 777

Re: Understand Expense Ratio

Well, it depends. When looking at past returns of a fund, those numbers are typically reported after expenses. So if you looked at two fund that both quote a 10% return to the fund shareholder, then that 10% is after the expenses were taken out. If the ER of one fund is higher than the other, but th...
by oldcomputerguy
Sat Jan 13, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: What information should my heirs have just in case
Replies: 12
Views: 634

Re: What information should my heirs have just in case

Who is your executor? I would think you would want that person to have that information.
by oldcomputerguy
Sat Jan 13, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Account Fraud
Replies: 20
Views: 2594

Re: Account Fraud

Setup account alerts to email and text you on any and all account activity. Vanguard allows you to set up alerts for: Add, edit, and delete linked bank accounts A password is changed, a security question and answer are changed, or my password is locked on the web or through an app. Buy, sell, and e...
by oldcomputerguy
Sat Jan 13, 2018 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Credit card keeps getting hacked, even when unused! (4x now!)
Replies: 49
Views: 7859

Re: Credit card keeps getting hacked, even when unused! (4x now!)

I'm sorta old fashioned -- I pay most of my bills via by my bank's bill-pay after I receive a statement. Only some of my insurance payments are auto-pay to the credit card. You are right that many places will not accept a Credit Card for bill payments. i'm sort of old-fashioned too. In past years, ...
by oldcomputerguy
Sat Jan 13, 2018 7:49 am
Forum: Personal Consumer Issues
Topic: What journalism are you currently reading?
Replies: 12
Views: 767

Re: What journalism are you currently reading?

That's with "journalism" defined loosely. BBC seems most apolitical to me. +1. I spent my working career working alongside television news operations, and it saddens me to see how the landscape has changed from the days of Walter Cronkite and Huntley/Brinkley. These days, the BBC seems currently to...
by oldcomputerguy
Sat Jan 13, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 157
Views: 13458

Re: How does everyone keep track of your portfolio?

VAslim16 wrote:
Sat Jan 13, 2018 5:31 am
herpfinance wrote:
Tue Oct 17, 2017 8:32 am
Good old Excel spreadsheet.
+1
+1