Search found 639 matches

by TonyDAntonio
Mon Nov 22, 2021 9:07 am
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

Little update... I have my paper forms printed out, filled in and ready to mail. I thought I'd give the online version one more try before heading to the post office. This time I used my phone instead of my laptop to access Vanguard. No idea why this should make a difference but it did. I breezed through the online forms and instead of getting a screen with a phone number to call I got a confirmation screen with the new account number. I've got a call into Vanguard just to make sure nothing else is needed. Vanguard website and app are not good and this will continue to haunt them but for those of us who have been users for years and have multiple accounts with them that we rarely touch the pain of moving to another financial company seems ...
by TonyDAntonio
Mon Nov 22, 2021 8:33 am
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

Little update... I have my paper forms printed out, filled in and ready to mail. I thought I'd give the online version one more try before heading to the post office. This time I used my phone instead of my laptop to access Vanguard. No idea why this should make a difference but it did. I breezed through the online forms and instead of getting a screen with a phone number to call I got a confirmation screen with the new account number. I've got a call into Vanguard just to make sure nothing else is needed. Vanguard website and app are not good and this will continue to haunt them but for those of us who have been users for years and have multiple accounts with them that we rarely touch the pain of moving to another financial company seems t...
by TonyDAntonio
Sat Nov 20, 2021 3:27 pm
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

Inherited IRA's go into their own "bucket". Vanguard will give you a separate listing for it, which you will need to follow any RMD rules. When I inherited my mom's IRA a few years ago, Vanguard required hard copy signatures. Fortunately, they have a separate dept handle such things adn the Rep was great. Pre-populated all she could and then called me with questions, finalized the forms (for me and my sister), and e-mailed me a link to print, sign and return with a death cert. Thought the Vanguard process was much easier than with a couple of so-called full service brokers. +1 Exactly my experience when I opened an inherited IRA in 2019. Separate department for IRA's or inherited IRA's. Prefilled forms from information provided b...
by TonyDAntonio
Sat Nov 20, 2021 3:26 pm
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

jimishooch wrote: Sat Nov 20, 2021 3:11 pm Fax it,

The way the mail service is being run these days and going into the holidays, it's the least path of resistance.

I have run into this before with VG, online app won't go thru, contact VG to get the right form and fax it in and life goes on.

Good luck
Jim
Thank you. Maybe I'll give that another look. We don't do any faxing.
by TonyDAntonio
Sat Nov 20, 2021 3:23 pm
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

NotWhoYouThink wrote: Sat Nov 20, 2021 3:13 pm We did this in 2016 - talked to a guy on the phone, then mailed in the form. From there, Vanguard contacted the previous custodian and completed the transfer.

As mentioned, this is held by someone who has other Vanguard accounts, but it its own separate account, you can't merge it with your previous accounts. All comes up on the "Account Summary" page for that individual, but each type of IRA (rollover, Roth, inherited) needs to have its own account number.
Separate account number is what I meant by different bucket. Thank you.
by TonyDAntonio
Sat Nov 20, 2021 2:58 pm
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

Inherited IRA's go into their own "bucket". Vanguard will give you a separate listing for it, which you will need to follow any RMD rules. When I inherited my mom's IRA a few years ago, Vanguard required hard copy signatures. Fortunately, they have a separate dept handle such things adn the Rep was great. Pre-populated all she could and then called me with questions, finalized the forms (for me and my sister), and e-mailed me a link to print, sign and return with a death cert. Thought the Vanguard process was much easier than with a couple of so-called full service brokers. Well your experience is interesting. It raises many questions: I have a Roth bucket, an IRA bucket, a 403B bucket under the same account. How much more separa...
by TonyDAntonio
Sat Nov 20, 2021 2:50 pm
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

Yes, I recently completed adding an inherited IRA at Vanguard. Most awful experience ever. I spoke with several reps, several time, got different info from them nearly every time. Took way longer than it should. In my case I was trying to move cash from death benefit from an annuity at Brighthouse, and Vanguard couldn't seem to get that these were not securities held in a brokerage account. I did have to fill out the paper version and send it to them, and yes, the online system seems worthless. There was a link to "track your transfer" and it never gave the correct information. Vanguard reps acknowledged that it did not work. But even the written forms were confusing ... some parts said it needed a medallion signature, but in fac...
by TonyDAntonio
Sat Nov 20, 2021 2:46 pm
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

Has anyone recently added a new inherited IRA to their already existing Vanguard account? I just started this process last night and after using the straightforward online process in Vanguard it advised me to call. I did and after speaking with a nice Vanguard rep who had me restate all the information that I had entered online advised me to fill out a multi page paper form and fax or mail it to Vanguard in order to complete the process. He stated that sometimes the online process doesn't work. Has anyone had to do this? Seems incredibly archaic. I have the multi page form filled out and ready to mail but I'm going to wait until Monday. Early Monday morning I'm going to phone Vanguard again and see if we can't just do this online. Anyone? ...
by TonyDAntonio
Sat Nov 20, 2021 2:42 pm
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Re: Adding an inherited IRA in Vanguard

Thank you all for responding. I'm not even to the 'move the funds over' part. I can't for the life of me figure out why you can't just create 'the bucket' in the already set up Vanguard account. I'm pretty sure I recently added a Roth bucket to an existing account all online. I can't wait for Vanguard to attempt the funds transfer from Wedbush who I thought was one of the worst financial houses around. That should be a cluster f.
by TonyDAntonio
Sat Nov 20, 2021 1:08 pm
Forum: Investing - Theory, News & General
Topic: Adding an inherited IRA in Vanguard
Replies: 22
Views: 1948

Adding an inherited IRA in Vanguard

Has anyone recently added a new inherited IRA to their already existing Vanguard account? I just started this process last night and after using the straightforward online process in Vanguard it advised me to call. I did and after speaking with a nice Vanguard rep who had me restate all the information that I had entered online advised me to fill out a multi page paper form and fax or mail it to Vanguard in order to complete the process. He stated that sometimes the online process doesn't work. Has anyone had to do this? Seems incredibly archaic. I have the multi page form filled out and ready to mail but I'm going to wait until Monday. Early Monday morning I'm going to phone Vanguard again and see if we can't just do this online. Anyone?
by TonyDAntonio
Wed Aug 25, 2021 8:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard's new mobile app (formerly known as "Beacon")
Replies: 702
Views: 82525

Re: "Beacon," Vanguard's new mobile app

I tried the new app a month ago. I was interested if they were going to allow some level 1 and level 2 options trading. They didn't, I hated the new design and never used it again.

Until this morning!!! My old vanguard app is gone and I only have the new one. Can't download the old one anymore. The new app looks very bad to me. I know I'm old and maybe I just need to get used to it but even simple buying and selling ETFs/funds seems clunky. I have to use the website interface to sell call/puts and there seems to be no way to transition to it from the new app like there was in the old app. I guess I'll just login to the website for now.

Tldr, new vanguard app is not got for me.
by TonyDAntonio
Sat Aug 07, 2021 9:31 am
Forum: Personal Consumer Issues
Topic: Best way to learn golf
Replies: 69
Views: 8142

Re: Best way to learn golf

A lot depends on how good you want to get. Basically, playing a round, and counting all the strokes, is the test. Then you review the test and go practice, a lot, for the next test. If you want to get good you spend more time practicing than playing. If you want to have a bit more fun then play more than practice. If you are a diy-er like I am you can get away with few lessons and lots of practice alone. I became a scratch golfer, as a kid, with lots of practice/play. I only took a few lessons when I was really struggling. As an adult it's probably going to be really expensive to play, practice and take lessons to get really good.

Bottom line, more reps is better. More = one million.
by TonyDAntonio
Sat Aug 07, 2021 9:01 am
Forum: Personal Finance (Not Investing)
Topic: employer throwing me into the meat grinder - need to be talked off the ledge
Replies: 146
Views: 24386

Re: employer throwing me into the meat grinder - need to be talked off the ledge

In 2015 I was a 30 year IT person with IBM and on call every third week. Not a meat grinder but middle of the night calls happened frequently. IBM gave my job to a lower paid worker in Brazil and sent me packing. I was 55, 1.6 million invested, small pension and a paid off house in an inexpensive part of Northern California. I didn't know if I could retire. Turned out I could. Probably most helped by the stock market the last 6 years and living simply.

I think you have plenty to retire with. Control spending and get comfortable with your income flows from your investments.
by TonyDAntonio
Tue Jul 20, 2021 1:55 pm
Forum: Personal Investments
Topic: Vanguard Roth Covered Calls
Replies: 6
Views: 2452

Re: Vanguard Roth Covered Calls

I'm glad I'm reading through these Bogleheads threads on covered calls. On some sites folks consider them no-brainer type moves if you are a long term holder of ETFs and stocks. The calmer heads on Bogleheads provide good counter arguments to why covered calls may not be a great strategy. I just filled out the online vanguard form for level 1 options. I'm still not sure I'm going to play.
by TonyDAntonio
Tue Jul 06, 2021 7:12 am
Forum: Investing - Theory, News & General
Topic: I guess people aren't staying the course [performance chasing]
Replies: 51
Views: 7591

Re: I guess people aren't staying the course [performance chasing]

The puck would never go to where it's going to go if there weren't enough players skating to where the puck is. :wink:
by TonyDAntonio
Mon Jun 21, 2021 12:02 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversions - McQuarrie study
Replies: 445
Views: 57581

Re: Roth Conversions - McQuarrie study

Although the article is basically right for the majority of people, many/most Bogle Heads will be in the group that can gain from Roth conversions. Many early retirees will have years with little income. I retired at 47 and will take SS at 70, giving me 23 years of conversions at a 0,10,12 or 14/15% tax bracket. My post-72 income will be huge and force me into much higher brackets. At least some Roth conversion is a no-brainer for me. The article is also correct that for high-worth individuals, the amount saved by conversions is a relatively small % of total worth and not likely to move the needle on retiree wealth. True. But if I can save $100k in taxes, I'll take it - even if it only represents 1-5% of my total portfolio. I agree. I'm in...
by TonyDAntonio
Mon Jun 21, 2021 11:57 am
Forum: Investing - Theory, News & General
Topic: Is the secret to long term wealth as simple as living below your means and investing in a low cost index fund
Replies: 221
Views: 34293

Re: Is the secret to long term wealth as simple as living below your means and investing in a low cost index fund

tvubpwcisla wrote: Sat Jun 19, 2021 9:42 am It seems like building long term wealth is pretty simple. Live below your means and invest in a low cost total stock market index fund. Am I missing anything other than stay the course? Is it really that easy?
Yes. Be prepared to feel that it's not working at multiple times along the way, especially when you've been at it 20+ years and the markets tank. If you're still able to live below your means and invest more during those times (hopefully you are getting raises) you should be golden. That's my story.
by TonyDAntonio
Mon May 10, 2021 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: What prompted you to pull the plug and retire?
Replies: 249
Views: 45992

Re: What prompted you to pull the plug and retire?

IBM let me go. Wouldn't hire me for any entry level job. Wouldn't let me do my job for half the pay and no benefits (I already had benefits form the company that outsourced me to IBM). I looked around a bit and then decided to see if I had enough to retire. A Vanguard advisor thought I did. All my internet research said I probably did so I retired at 55. It's been 6 years and I'd be lying if I didn't say that a great stock market helped. We live modestly and now have more money than ever, a paid off house, two relatively new cars and 0 debt. I think we made it but I'll never say for sure.
by TonyDAntonio
Mon May 10, 2021 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling Some Regret Over Conservative Approach to Finances
Replies: 110
Views: 15522

Re: Feeling Some Regret Over Conservative Approach to Finances

I totally get the 'regret' feeling. I have changed my asset allocation a couple of times as I got 'smarter'. As a result I'm sure I have not made as much money. I also moved my new family 35 years ago out of San Francisco to Bay Point. I now own a Bay Point home instead of a SF home (declined buying my sisters out for my parents' home). That has resulted in about a million dollar 'loss' in my net worth as the SF house has appreciated a lot more than the Bay Point house. But you know what? I still have more money than I ever imagined, I own a nice home outright and I'm retired free to do whatever I want. I also did all this without taking much risk and I continue to have a pretty low risk portfolio. So yah, we missed out on some things but l...
by TonyDAntonio
Fri May 07, 2021 8:24 am
Forum: Personal Investments
Topic: New Vanguard Commodities Fund?
Replies: 20
Views: 4291

Re: New Vanguard Commodities Fund?

I have a tiny allocation to that fund, myself, and have trepidation about adding more simply because commodities are outside the mainstream of what is generally recommended for a portfolio. That said, you may find the information below useful, and it is what gave me the confidence to invest the small amount in commodities that I did. During a high inflationary period from 1970-1979, average compounded real returns (US$): Global market portfolio-----1.65% Equities broad---------------0.33% Real estate----------------5.10% Nongovernment bonds-----2.04% Government bonds broad--1.72% Commodities----------------22.02% Source Which was embedded in the paper, Historical Returns of the Market Portfolio *** A graph showing how commodities performed...
by TonyDAntonio
Mon May 03, 2021 11:17 am
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 103
Views: 17818

Re: I sold off all my (modest) cryto holdings this morning

ensign_lee wrote: Mon May 03, 2021 11:13 am
TonyDAntonio wrote: Mon May 03, 2021 10:51 am
bloom2708 wrote: Mon May 03, 2021 9:14 am HODL (Hold on for Dear Life)

I'm going with a LONG play. I put in $2,000 ~2 months ago. More to just dig in a little. I don't plan on adding any additional $$.

$3,000 in gains won't move the needle. Neither would losing the whole $2,000. It might go to -$0. That is OK. You can't win the lottery if you don't buy a ticket.

HODL! :D
I have no crypto investments but thanks for defining HODL for me. I always thought it became a rallying cry because someone had mistyped HOLD. :oops:
That is *exactly* what it is (see link above). :)
:oops:
by TonyDAntonio
Mon May 03, 2021 10:51 am
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 103
Views: 17818

Re: I sold off all my (modest) cryto holdings this morning

bloom2708 wrote: Mon May 03, 2021 9:14 am HODL (Hold on for Dear Life)

I'm going with a LONG play. I put in $2,000 ~2 months ago. More to just dig in a little. I don't plan on adding any additional $$.

$3,000 in gains won't move the needle. Neither would losing the whole $2,000. It might go to -$0. That is OK. You can't win the lottery if you don't buy a ticket.

HODL! :D
I have no crypto investments but thanks for defining HODL for me. I always thought it became a rallying cry because someone had mistyped HOLD. :oops:
by TonyDAntonio
Fri Apr 30, 2021 9:48 am
Forum: Investing - Theory, News & General
Topic: Hiring an Advisor Could Increase Your Returns by $1,731,060
Replies: 77
Views: 12674

Re: Hiring an Advisor Could Increase Your Returns by $1,731,060

There is no getting around this: you will have to manage something. Do you want it to be your money or an advisor. If you just pick an advisor and stop managing/learning you run a risk. I'd agree with a statement that said, "Everyone needs to hire a Good advisor". How do you know you have done this?
by TonyDAntonio
Wed Apr 28, 2021 9:38 am
Forum: Personal Finance (Not Investing)
Topic: RMD coming.....
Replies: 153
Views: 20327

Re: RMD coming.....

Dave C. We are in our mid-80s and in looking back now we made a few big mistakes when it came to retirement. DW is two years older and we made a joint decision for her to take reduced SS benefits at age 62 (23 years ago) based on her earnings. She worked eight years before marrying and then for about eight years after last of two children was out of high school and those earnings were minimal in comparison with today's salaries. The second big mistake was for me to take SS benefits when I retired at age 65 instead of waiting until age 70. The next mistake was not to make larger Roth conversions before I reached 70 fourteen years ago when it might have been better taxwise in the long run. In retrospect though, everything has worked out just...
by TonyDAntonio
Wed Apr 28, 2021 9:26 am
Forum: Investing - Theory, News & General
Topic: Struggling with 2021 Roth Conversion Timing
Replies: 36
Views: 2895

Re: Struggling with 2021 Roth Conversion Timing

Since I pay my taxes with the witholding from my monthly pension I convert about $10,000 per quarter. At the end of the year I sometimes sneak in another (after using turbo tax to estimate my taxes which I admit don't change too much from year to year) so that I convert about $50,000 for the year. I try to wait for a down period in each quarter. Sometimes that doesn't come and so I convert AT&T stock which is always low. :annoyed. I'm 61 and plan on doing this for 11 more years to manage the RMD tax hit I hope to have at 72. If I really got more precise about the taxes I'd probably convert more but...
by TonyDAntonio
Tue Apr 20, 2021 8:59 am
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 70
Views: 10488

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

TomatoTomahto wrote: Tue Apr 20, 2021 7:26 am
TonyDAntonio wrote: Mon Apr 19, 2021 6:17 pm Isaac's had some great fig cookies.
Oh no you didn’t. :oops:
Long time dad...so you get dad jokes. I wish I could stop but I can't. It's in the contract.
by TonyDAntonio
Mon Apr 19, 2021 6:17 pm
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 70
Views: 10488

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

manatee2005 wrote: Sat Apr 17, 2021 12:45 pm
TonyDAntonio wrote: Fri Apr 16, 2021 9:24 am I won't invest a cent until I see the technicals. I live and die by the fibonacci numbers. Btw, fibonacci ran a helluva deli himself back in the day.
Isaac newton too.
Isaac's had some great fig cookies.
by TonyDAntonio
Fri Apr 16, 2021 9:24 am
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 70
Views: 10488

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

I won't invest a cent until I see the technicals. I live and die by the fibonacci numbers. Btw, fibonacci ran a helluva deli himself back in the day.
by TonyDAntonio
Fri Apr 16, 2021 9:18 am
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 112
Views: 10326

Re: can I get boglehead approval for a 70K truck?

1.8 million at 31 all in VOO/VTI and you'd never have to worry about investing any more money for the rest of your life. Then you could spend your 300/400k anyway you want. You missed your chance so now just buy a used F150. 😂
by TonyDAntonio
Thu Apr 15, 2021 9:55 am
Forum: Investing - Theory, News & General
Topic: Why Does Anyone Listen To Paul Merriman?
Replies: 151
Views: 34992

Re: Why Does Anyone Listen To Paul Merriman?

I got to Bogleheads via Paul Merriman. I started the UBH back in 2008. Yah, bad timing but I've done ok. He seems like a good guy. I have no problem with him. And like livesoft said, time (finally) to rebalance out of SCV. Hooray!!
by TonyDAntonio
Wed Apr 14, 2021 8:11 pm
Forum: Personal Consumer Issues
Topic: DIY recessed lighting installation?
Replies: 51
Views: 3931

Re: DIY recessed lighting installation?

Is there anyone who posted on this thread that doesn't drive because they could kill someone while driving? I mean you could literally eliminate that worry by taking Uber everywhere.
by TonyDAntonio
Wed Apr 14, 2021 8:06 pm
Forum: Personal Consumer Issues
Topic: DIY recessed lighting installation?
Replies: 51
Views: 3931

Re: DIY recessed lighting installation?

Hire someone with experience. It's not rocket surgery, but they license electricians for a reason. To increase pricing power by artificially limiting supply? :sharebeer Like many trades and professions, electrical work comprises of some work that can be done by almost anybody with an 8th grade education, and some work that requires specialized skill and knowledge. Installing can lights is in the former category, and is work that is often done by apprentices or laborers loosely overseen by an actual electrician. If one is confident that they can tell the difference between what requires skill and what is work, and execute the work correctly, there is no reason the average homeowner can't install their own lights, especially if they pull a p...
by TonyDAntonio
Wed Apr 14, 2021 6:13 pm
Forum: Personal Consumer Issues
Topic: DIY recessed lighting installation?
Replies: 51
Views: 3931

Re: DIY recessed lighting installation?

Hire someone with experience. It's not rocket surgery, but they license electricians for a reason. To increase pricing power by artificially limiting supply? :sharebeer Like many trades and professions, electrical work comprises of some work that can be done by almost anybody with an 8th grade education, and some work that requires specialized skill and knowledge. Installing can lights is in the former category, and is work that is often done by apprentices or laborers loosely overseen by an actual electrician. If one is confident that they can tell the difference between what requires skill and what is work, and execute the work correctly, there is no reason the average homeowner can't install their own lights, especially if they pull a p...
by TonyDAntonio
Tue Apr 13, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Physician paying estimated taxes for the first time
Replies: 11
Views: 978

Re: Physician paying estimated taxes for the first time

I'm no expert but it looks like you need to change the witholding numbers with your payroll folks. Lower the number and, if 0 still does have enough taken out of your check, have an additional fixed amount taken out of each check. There are probably other retirement investments you can use to lower the amount of taxable income but I don't know if you make too much to use them. Like I said, no expert here.
by TonyDAntonio
Tue Apr 13, 2021 10:20 am
Forum: Personal Consumer Issues
Topic: DIY recessed lighting installation?
Replies: 51
Views: 3931

Re: DIY recessed lighting installation?

I've installed new led cans, new led wafers (no cans), new switch controlled led sconces, new switch controlled led overhead lights in bedrooms that just had switch controlled outlets and many overhead led bulbs in my garage. I'm not an electrician. I had no previous experience. I read a lot and watched a lot of YouTube videos and started small. I'm pretty conservative and didn't do a lot on my house when I was younger. I'm the son of a federal government building inspector. I had him do all my work until he died. That was 20 years ago. You have to feel comfortable enough to do this. Only you will know when and if you are ready to try. But it is relatively easy work and relatively safe and low risk. The voltage on all the new led fixtures i...
by TonyDAntonio
Mon Apr 12, 2021 1:18 pm
Forum: Personal Consumer Issues
Topic: Flooring decisions for whole house - tile vs laminate
Replies: 31
Views: 4094

Re: Flooring decisions for whole house - tile vs laminate

We just put lvp in on most of our 1st floor. It's ok. I don't have any wear data as it is just 6 months old. The price was right and it looks fine. We probably would have put it throughout the first floor but the other tiled areas, kitchen, dinette and half bath, are pretty new. Unless it wears horribly it seems like it will be a reasonable floor for a modest house. We have used laminate in our master closet and while it has held up fine (not much use) I don't really like the look of it, even compared to the lvp. I wouldn't put tile everywhere, too hard and cold. Good in wet areas though.

Good luck. Don't sweat it.
by TonyDAntonio
Mon Apr 12, 2021 1:06 pm
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 303
Views: 28345

Re: Another 2.8% SWR Article Quoting Wade Pfau

All I know is that 4% when I retired in 2015 yielded less than 2.8 does now. And I've been living off my portfolio. I don't use these percentages by the way. I don't really have a plan other than to be frugal and build cash like reserves as my portfolio goes up. I suppose I'll reinvest if the market ever goes down for a year or two. I don't know. Very similar 'non plan' to what I used building my 'fortune': be frugal and save as much as I could in index funds. Seems to work but I'm only 61 so we'll see.
by TonyDAntonio
Thu Apr 01, 2021 9:44 pm
Forum: Personal Investments
Topic: Two years ago, I got serious about investing for my future. Update / Advice
Replies: 19
Views: 4292

Re: Two years ago, I got serious about investing for my future. Update / Advice

This WiKi on investing priorities should be helpful: https://www.bogleheads.org/wiki/Prioritizing_investments Nice job getting serious about building wealth. I think you're in very good shape. I'm sure you know this, but starring a family will mean a massive increase in expenses. I have 2 kids myself and cloths, food, sports activities, school activities, vacations, etc. all add up. I would continue to invest as much as you can while you're still DINKs. Yes for sure, I do hear that! Just thinking about the cost of day care makes me shudder. Luckily, working in the position I do, I'm glad I only have to work three long days a week. Hopefully that will be a benefit to cut down day care costs. I also have a mother who luckily lives 10 minutes...
by TonyDAntonio
Fri Feb 26, 2021 11:52 am
Forum: Personal Consumer Issues
Topic: Tiling a Shower
Replies: 44
Views: 4483

Re: Tiling a Shower

6 years ago I remodeled our master bath. It was my first remodel. In my younger days, I was 55, I would have never attempted this, and I grew up with a diy father. I was given the confidence to do this remodel by working on the home of a friend who had much experience as a contractor. He did the bulk of the work on our earlier kitchen remodel, including the tile, but then moved away just as I started the bathroom remodel. I was scared to death but took my time and watched many, many youtube videos. As I kept telling my wife, "If I get in too deep I'll stop and we will hire someone.". With much patience and no rushing I completed the remodel. 6 years later, no leaks and it looks as good as new. I'm as proud of the bathroom as anyth...
by TonyDAntonio
Sun Feb 21, 2021 9:41 pm
Forum: Investing - Theory, News & General
Topic: "This Vanguard ETF Could Make You a Multi-Millionaire With Zero Effort""
Replies: 25
Views: 4997

Re: "This Vanguard ETF Could Make You a Multi-Millionaire With Zero Effort""

brian91480 wrote: Sun Feb 21, 2021 8:41 pm
anoop wrote: Sun Feb 21, 2021 8:37 pm
brian91480 wrote: Sun Feb 21, 2021 6:31 pm I read the article. It talks about the idea of getting 15% ROI returns per year... for the next 35 years. 🤣🤣🤣🤣🤣

Do better, Motley Fool....
Is that estimate too low or too high?
Too low. I can beat 15%. Give me your money and I'll prove it. #Bernie Madoff
Bernie's returns were more in the 10% range. Even he couldn't beat 15%. I'm dropping a load into VOO tomorrow. :D
by TonyDAntonio
Mon Feb 15, 2021 10:00 am
Forum: Investing - Theory, News & General
Topic: What was the Dot-Com bubble like?
Replies: 167
Views: 15078

Re: What was the Dot-Com bubble like?

I was in a dot-com start up. One month we had less cash left than some people in the company had in their checking account. Three months later we were acquired for $20 million. Six months after that the company that bought us was acquired for $4 billion. Less than a year after that everything came crashing down. I was in my twenties and didn't really have a frame of reference. I knew nothing I personally was doing seemed to justify the value of my stock options. It seemed unlikely that anything our start up was doing was worth these insane values either. On the other hand I had temped at a wide range of companies and it seemed pretty normal for there to be a complete disconnect between what I was paid and whether or not I was doing anythin...
by TonyDAntonio
Thu Feb 11, 2021 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Estate planning organizer
Replies: 28
Views: 3535

Re: Estate planning organizer

My mom, who was not financially savvy, typed a single page, three separate times on a manual typewriter (a copy for each of her children), titled Things To Do When Mom Dies. This was in the early 2000s. It made things much easier when she died in 2010. It contained names, phone numbers, account numbers, etc. of everything she could think of. Your heirs will appreciate such a thing and not only use it but treasure it.

And yes, I teared up writing this.
by TonyDAntonio
Tue Feb 09, 2021 7:58 am
Forum: Personal Consumer Issues
Topic: Stationary Bike Program for Weight Loss
Replies: 50
Views: 4423

Re: Stationary Bike Program for Weight Loss

I've taken three bike trips in my life. I was much younger (ie my metabolism should have been good). I never lost one pound while training. I always lost weight on the trips. In each case I didn't control my eating.

Conclusion: if you want to lose weight while cycling either control your eating or bike 8 hours per day.

:D
by TonyDAntonio
Sun Jan 24, 2021 9:10 am
Forum: Personal Investments
Topic: Anyone Else Investing in SPACs (Special Purpose Acquisition Companies)?
Replies: 92
Views: 13688

Re: Anyone Else Investing in SPACs (Special Purpose Acquisition Companies)?

I knew nothing of SPACs until I listened to Chamath Palihapitiya and Anthony Noto, CEO of SOFI, on CNBC.
Whilee the merger of Chamath's SPAC IPOE and fintech company SOFI hasn't happened yet it seemed like a decent investment for my play money. I have since added a bit more as I have learned more about SOFI. I was easily able to invest in IPOE through Vanguard's site.

I think it would be harder to invest in a SPAC that doesn't 'own' anything yet. While IPOE technically falls in this category its merger with SOFI seems very likely and SOFI seems like a great, relatively young business, valued decently and well run by Noto.

Not very boglehead but not too reckless.
by TonyDAntonio
Tue Jan 19, 2021 8:36 am
Forum: Personal Consumer Issues
Topic: Signature Golf Holes that are worth traveling to? . . . And. . Most Memorable Golf Experiences?
Replies: 78
Views: 6218

Re: Signature Golf Holes that are worth traveling to?

VinoVita wrote: Sun Jan 17, 2021 6:02 pm A hole that cannot be left out...one of the most picturesque and toughest par 3’s on the planet!
#16 at Cypress Point Club in Pebble Beach, Ca..
222 yds., all carry over the cliffs of the Pacific Ocean to a pin point green encircled in sand and ice plant...good luck.
I was fortunate enough to play it in the 1985 California State Amateur. Pure golf!

Your post led to the edit of my previous post (above). 16 at Cypress is a great hole.
by TonyDAntonio
Tue Jan 19, 2021 8:29 am
Forum: Personal Consumer Issues
Topic: Signature Golf Holes that are worth traveling to? . . . And. . Most Memorable Golf Experiences?
Replies: 78
Views: 6218

Re: Signature Golf Holes that are worth traveling to?

In Scotts Valley, CA (Santa Cruz) Pasatiempo Golf Club #18. Very rare to finish with a Par 3, but as they say Alister MacKenzie saved the best hole for last...yes, the same Alister MacKenzie who designed Augusta. In Bandon, OR Pacific Dunes #11 is a great one too. I’ve played several Monterey Peninsula courses (Spanish Bay, Spyglass, Poppy Hills, Laguna Seca, Rancho Canada and Pacfic Grove) and all are special. As well I’ve played all over Hawaii, Arizona, Florida and Lake Tahoe. But if I could only play one last course it would be Pasatiempo. Highly recommend it if your in the area. Sorry can’t figure out how to post pics from my phone. In Scotts Valley, CA (Santa Cruz) Pasatiempo Golf Club #18. Looks great for folks that hit the ball str...
by TonyDAntonio
Fri Jan 15, 2021 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: YOLO vs BH
Replies: 97
Views: 11363

Re: YOLO vs BH

One of my good friends said to me a long time ago and it keeps ringing more true everyday, "There are things you have to do and there are things you want/like to do. The trick is to make those things as close to the same as possible." You have to save and invest your money. Grow to love the feeling of saving. You have to control your spending. Grow to love living below your means. "Free your mind and the rest will follow." BH lifestyle can be YOLO lifestyle. It's a choice. Saving is just a means to an end...no glory in saving just for the sake of saving. Sure. Is their glory in learning or is that too just a means to an end? Saving to me implies that I had the discipline to learn, work, earn money and postpone instant g...
by TonyDAntonio
Fri Jan 15, 2021 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: YOLO vs BH
Replies: 97
Views: 11363

Re: YOLO vs BH

One of my good friends said to me a long time ago and it keeps ringing more true everyday, "There are things you have to do and there are things you want/like to do. The trick is to make those things as close to the same as possible."

You have to save and invest your money. Grow to love the feeling of saving. You have to control your spending. Grow to love living below your means.

"Free your mind and the rest will follow."

BH lifestyle can be YOLO lifestyle. It's a choice.
by TonyDAntonio
Fri Jan 15, 2021 11:42 am
Forum: Investing - Theory, News & General
Topic: The Death of Equities
Replies: 40
Views: 4851

Re: The Death of Equities

nedsaid wrote: Fri Jan 15, 2021 8:28 am
JoMoney wrote: Thu Jan 14, 2021 3:59 pm If US Treasuries were yielding 10%, it would be difficult for me to get excited about the historical long-term stock returns of 9-10%.
Foggy memory recalls yields of 14%, particularly with longer term bonds.
My older sister and BIL bought their first house in the early 80s, maybe late 70s. Their mortgage rate was something like 16%.😲