Search found 252 matches

by NoHeat
Mon Jan 21, 2019 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement plan “improvements” (Fidelity vs. TIAA)
Replies: 18
Views: 1045

Re: Retirement plan “improvements” (Fidelity vs. TIAA)

I know you are focused on Vanguard funds, but what is your access to TIAA funds, particularly TIAA traditional (and which version of traditional) and real estate (QREARX)? Tdubs brings up an important point. Given a choice between two vendors, each offering identical Vanguard funds with nearly the ...
by NoHeat
Mon Jan 21, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: Costco 'Goodyear' wiper blades
Replies: 51
Views: 11866

Re: Costco 'Goodyear' wiper blades

rockauto.com has terrific prices on wipers (and other auto parts). Cheaper than Amazon, much cheaper than stores. Enter the model and year of your car, and you’ll see dozens of choices for wipers, lots of brand names. I like the distributor close outs that can be as cheap as $2 per blade.
by NoHeat
Mon Jan 21, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Wills- Options other than family/charities?
Replies: 33
Views: 1625

Re: Wills- Options other than family/charities?

WannabeAgAlum wrote:
Sun Jan 20, 2019 12:07 am
In case they are not included in your definition of "family": pets.
Animal shelters, like the city-owned one near me, take donations, to pay for veterinary care etc.

SPCA shelters, also — the adoption center in San Francisco is a demonstration of how nice one can be, if given money.
by NoHeat
Sun Jan 20, 2019 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Highest Guaranteed Return Investment for My 75 Year-Old Dad?
Replies: 27
Views: 2362

Re: Highest Guaranteed Return Investment for My 75 Year-Old Dad?

I've also suggested online banks, which typically offer higher yields than brick-and-mortars, but he questions their legitimacy TIAA Bank has some of the highest CD rates, generally a bit higher than Ally, and while mainly online they do have bricks-and-mortar branches in Florida, as they are forme...
by NoHeat
Sat Jan 19, 2019 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Wills- Options other than family/charities?
Replies: 33
Views: 1625

Re: Wills- Options other than family/charities?

National Parks, state parks, city parks, tribal organizations, high schools, elementary schools, preschools.
by NoHeat
Sat Jan 19, 2019 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3180
Views: 617279

Re: What's Your Credit Card Rewards Strategy?

Question: Will BoA convert the travel-rewards card into a cash-rewards card, if you request it?

I’ve got one cash card that I use for gas, and a travel card that I’m no longer using.
by NoHeat
Sat Jan 19, 2019 2:42 pm
Forum: Investing - Theory, News & General
Topic: Risk Definition By Warren Buffet
Replies: 17
Views: 916

Re: Risk Definition By Warren Buffet

I think he's right to not use volatility as a measure of risk. Probably the main reason that historical volatility is popularly used as a proxy for risk is just that volatility is a measurable number. Buffet's measure of risk centers on the investor, and the investor's "horizon" for future spending ...
by NoHeat
Fri Jan 18, 2019 6:27 pm
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 71
Views: 8461

Re: pros and cons of target date funds?

You're correct that you lose the foreign tax credit in tax-advantaged accounts. However, some international funds (such as the typical VG ones) are still less tax efficient even with the foreign tax credit. See the spreadsheet here: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=242137 That'...
by NoHeat
Fri Jan 18, 2019 4:34 pm
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 71
Views: 8461

Re: pros and cons of target date funds?

Tax efficiency: By separating out the funds, you can optimize your tax efficiency, such as putting bonds in 401k, international in Roth, total stock market in taxable, etc. I agree that tax optimization is an argument against target date funds, because it prevents placement to optimize tax efficien...
by NoHeat
Wed Jan 16, 2019 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 16064

Re: Why are you NOT buying rental properties?

A meth lab was discovered in a rental house owned by my sibling. Massively expensive repairs and inspections were then necessary, to make the dwelling legally habitable and meet the state requirement of no detectable meth on any surface. So, the floor, ceiling, wall, cabinet, etc. were all replaced ...
by NoHeat
Tue Jan 15, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2163

Re: What's your experience upgrading to Quicken 2018 or 2019?

May I ask, how do you import quotes through a spreadsheet? Certainly. Quicken provides a menu item to import quotes. The quotes should have already been saved in a file, in the .csv (comma delimited) format. The file should have two columns: ticker symbol and price. For example, if you wanted just ...
by NoHeat
Sun Jan 13, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 159
Views: 16416

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Will BoA issue a new Cash Rewards MasterCard, if you already have the Visa version? I’m just wondering if this would allow collecting their top-tier rewards in two categories, or doubling the quarterly limit on gasoline.
by NoHeat
Sun Jan 13, 2019 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2163

Re: What's your experience upgrading to Quicken 2018 or 2019?

I have Quicken 2017. At what point will I have to make a decision about converting to the subscription versions? Around April of 2020 if you want to continue using online services such as transaction downloads. The workaround is to enter transactions manually, and import quotes through a spreadshee...
by NoHeat
Sun Jan 13, 2019 4:57 pm
Forum: Investing - Theory, News & General
Topic: TIAA: compensation of Wealth Management Advisor
Replies: 22
Views: 2400

Re: TIAA: compensation of Wealth Management Advisor

OP here. Following up on my post, after my first meeting, I cancelled my follow-up meetings with the advisor. Developing a plan might be worthwhile for some, but to me the offer seemed too much a come-on for him to collect bonuses, by getting me into his office to sell me stuff I definitely don’t wa...
by NoHeat
Sat Jan 12, 2019 12:22 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13540

Re: Around 43K in dividends last year - feel good about it ?

On the other hand why invest in a company that keeps trying to give you your investment back. Why not sell the whole thing now and get it all back. Dividends are not "your investment back." Stocks are all about owning a company. Dividends are part of the earnings of the company. A small growing com...
by NoHeat
Fri Jan 11, 2019 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds (No Loads) vs Vanguard Index Funds
Replies: 30
Views: 2156

Re: American Funds (No Loads) vs Vanguard Index Funds

I am happy with American Funds R6 class funds in my employer’s plan, like New Perspective RNPGX, and I’m okay with paying 0.45% ER, considering their success. However, I pay no AUM fee, nor any other fee, and I would never want to. An AUM fee is like a parasite that just eats up so much of what shou...
by NoHeat
Wed Jan 09, 2019 7:32 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5269

Re: BHers, what is your Roth IRA %?

10% Roth 39% Tax deferred retirement 2% 529 college 49% Taxable I'm very thankful for Roth conversions, including the backdoor kind. I'll keep doing them before retirement (about six years out) to boost the Roth percentage, as we'll get more distributions than we need from RMDs and the taxable accou...
by NoHeat
Wed Jan 09, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard quick to close accounts
Replies: 17
Views: 2427

Re: Vanguard quick to close accounts

My Vanguard accounts, empty for maybe four years now after a transfer to assets to Merrill Edge, seem to still exist. I just tested it now: I can successfully enter the old password and do the two-factor thing with my cell phone, but then I get a message that 'access to this account has been disable...
by NoHeat
Tue Jan 08, 2019 4:34 am
Forum: Personal Consumer Issues
Topic: How did store know what exact coupons to mail me?
Replies: 23
Views: 2276

Re: How did store know what exact coupons to mail me?

is my CC just handing over all of this info? The CC is from a Credit Union so that would surprise me. Have you opted out of all information sharing? It’s good to phone customer service for all your credit cards etc, and tell them: “for privacy, I want to opt out of everything I can” I found that st...
by NoHeat
Sun Jan 06, 2019 4:56 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 798
Views: 81760

Re: Fidelity ZERO funds?

bck63 wrote:
Sun Jan 06, 2019 4:24 pm

1) I'm very loyal to Vanguard, so it kind of feels wierd.
You’ll get over it.

I’ve switched discount brokers many times since the early 1980s. And I’ve moved my home many times. Same kind of feeling, it doesn’t last.
by NoHeat
Wed Jan 02, 2019 8:03 pm
Forum: Investing - Theory, News & General
Topic: Gus Sauter: the next "Bogleheads on Investing" podcast guest
Replies: 28
Views: 1903

Re: Gus Sauter: the next "Bogleheads on Investing" podcast guest

Ask whether the advantages of the index fund model are less for corporate bonds than for equities.
by NoHeat
Mon Dec 31, 2018 2:36 am
Forum: Investing - Help with Personal Investments
Topic: Last day of TLH for Year 2018
Replies: 9
Views: 1322

Re: Last day of TLH for Year 2018

Any trade executed on 12/31/2018 will count for 2018. It ain't the settlement date at all. Not true for “any” trade. If the trade is the covering, at a loss, of a short position for a borrowed security, then it IS the settlement date that counts, for tax purposes, for closing the position at a loss...
by NoHeat
Sat Dec 29, 2018 12:31 am
Forum: Investing - Theory, News & General
Topic: College Inflation rate?
Replies: 59
Views: 3481

Re: College Inflation rate?

The following factors have lead to higher college inflation: - Inflation for professional services tends to be higher than CPI. Professional services tend to not benefit as much from technology/off shoring as other goods, although that may change in the future. - direct state funding of state schoo...
by NoHeat
Fri Dec 28, 2018 11:24 pm
Forum: Investing - Theory, News & General
Topic: College Inflation rate?
Replies: 59
Views: 3481

Re: College Inflation rate?

depressed wrote:
Fri Dec 28, 2018 12:17 pm
And if I did the math wrong, let's blame the state university.
Your state U did just fine. Your grandma’s $8k was well spent.
by NoHeat
Fri Dec 28, 2018 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for small donors - my experience
Replies: 49
Views: 2777

Re: Donor Advised Fund for small donors - my experience

For the first time in 30+ years, I'm not in the least concerned about tracking down acknowledgments, canceled checks, or - worse - stock donation info for individual charities in order to do my taxes. It also makes for a much thinner tax records file. :sharebeer Yes, that was a pleasant discovery f...
by NoHeat
Fri Dec 28, 2018 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for small donors - my experience
Replies: 49
Views: 2777

Re: Donor Advised Fund for small donors - my experience

It looks like Schwab's fund works the same as Fidelity's I don’t know about those two in particular, but a lot of DAFs are all run by the same company, donorfirst. For example, a year ago I chose the TIAA DAF https://tiaacharitable.donorfirstx.com I don’t think TIAA actually does much, other than p...
by NoHeat
Tue Dec 25, 2018 11:19 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Tempting
Replies: 38
Views: 5809

Re: Berkshire Tempting

Several posters mention book value. What's the significance of book value? Isn't the relationship between book value and actual value pretty weak? For a company like Berkshire that pays no dividends and issues no stock, book value accumulates according to net earnings. Earn a dollar, book value goe...
by NoHeat
Sat Dec 22, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Are some insurance polcies philosophically similar to gambling?
Replies: 57
Views: 2893

Re: Are some insurance polcies philosophically similar to gambling?

To me, an insurance contract is like a derivative contract.

In the lingo of derivatives, the underlying asset of the insurance contract is the value of losses experienced by the insured.
by NoHeat
Mon Dec 17, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo tax quick question
Replies: 6
Views: 722

Re: Turbo tax quick question

For now, are you just looking for an approximation to gauge your federal withholding? If so, an online calculator might be good enough. Turbotax has an easy one that’s free on their website: https://turbotax.intuit.com/tax-tools/ For 1099s in the full version of Turbotax, you could do what you’re de...
by NoHeat
Tue Dec 11, 2018 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Who should be the owner of a 529 Plan for my nephew?
Replies: 14
Views: 1244

Re: Who should be the owner of a 529 Plan for my nephew?

[quote] I could not find any clear documentation on changing account ownership and what if any tax implications there would be. [/quote] You mentioned the Iowa 529. Their form for changing ownership is here: https://www.collegesavingsiowa.com/home/forms.html It’s pretty simple. Not sure if this will...
by NoHeat
Mon Dec 10, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone have experience changing TD Ameritrade Brokerage Account Settlement Fund?
Replies: 14
Views: 992

Re: Anyone have experience changing TD Ameritrade Brokerage Account Settlement Fund?

The problem with putting all extra cash in BIL is then you need 3 day to sell it. So if you need cash it will take 3-5 days (if over weekend) plus check or wire transfer time. So almost a week. Not cool if you are trying to buy stuff like a car or pay big bill. Right. This is one shortcoming of usi...
by NoHeat
Mon Dec 10, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone have experience changing TD Ameritrade Brokerage Account Settlement Fund?
Replies: 14
Views: 992

Re: Anyone have experience changing TD Ameritrade Brokerage Account Settlement Fund?

At TDAmeritrade, I suggest you buy BIL (free trade) or FLRN (free trade) with any money in your settlement fund that you can't figure out how to invest. Since trades are only free if you do not sell in 30 days, use 2 or 3 such ultra-short-term bond ETFs so that one of them is older than 30 days sin...
by NoHeat
Sun Dec 09, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Age 60, portfolio review for possible retirement soon
Replies: 9
Views: 1597

Re: Age 60, portfolio review for possible retirement soon

Health insurance I know I need to get a handle on.
Some universities offer “phased retirement” — you work half-time, but for full benefits including retirement and most importantly healthcare, for the last 2 to 5 years of your job. Few seem to take this opportunity, and I’m not sure why.
by NoHeat
Sun Dec 09, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: "The 10 Worst Places To Get Investing Advice"
Replies: 59
Views: 7326

Re: "The 10 Worst Places To Get Investing Advice"

... a book by Jason Zweig, The Little Book of Safe Money , in which he lists "words and phrases that shysters are fond of and that the financially legitimate people are very unlikely to use" and they include: "Can't lose," "Free money," "I'm on your side," "Limited-time offer," "I would never lie t...
by NoHeat
Sat Dec 08, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3524

Re: Marriott Starwood Security breach - 500 million guests

500 million is a remarkably impressive proportion of the total world population. World populaton is 7.7 billion. CIA says 27% below the age of 15, so count them out; that leaves 5.6 billion. So they are saying that something like 9% of the entire adult population of the entire world has been a Marr...
by NoHeat
Tue Dec 04, 2018 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 19
Views: 2021

Re: Schwab user. Where should I put my Emergency Fund?

If the sweep account pays too little, then T bills. Alternatively BIL or SHV (whichever is on the no-commission ETF list). These are ETFs that now pay 2.07% and 2.25% respectively, which you can just buy once and forget about. BIL holds T-bills, SHV holds short-term Treasury notes; durations are abo...
by NoHeat
Tue Dec 04, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: Best new Mac/features for 2000-3000
Replies: 60
Views: 4030

Re: Best new Mac/features for 2000-3000

No more iMacs for me. My hard disk recently failed after 3 years, and it’s almost impossible for an individual owner to replace, making the whole thing worthless, including the 27” display, because it’s all one piece that’s not meant to be opened or serviced — an iMac is a disposable item, not one t...
by NoHeat
Sun Dec 02, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand "Payout Rate" for an Annuity
Replies: 58
Views: 3407

Re: Help me understand "Payout Rate" for an Annuity

What am I missing ? The essence of a SPIA is that your heirs give up something, but you get a guaranteed lifetime income, an income that you can’t outlive. In that respect, it’s the opposite of an at-risk portfolio of stocks and bonds. For many who have no defined benefit pension, it’s good to have...
by NoHeat
Sun Dec 02, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Help me understand "Payout Rate" for an Annuity
Replies: 58
Views: 3407

Re: Help me understand "Payout Rate" for an Annuity

The reason I am considering a fixed duration annuity vs a lifetime annuity is to have 15 or 20 years of fixed income during the early years of retirement while we are reasonably healthy and can still travel. Also, to not have to worry about what the market is doing. A 20 Year Period Certain annuity...
by NoHeat
Sun Dec 02, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3524

Re: Marriott Starwood Security breach - 500 million guests

Today Krebs had some very important things to say about the breach and about good security hygiene in general: https://krebsonsecurity.com/ Thanks. My take on the article: Accept it. Your SS, birthdate, mother’s maiden name, etc are already all out there and you cannot do any about it. Don’t bother...
by NoHeat
Sat Dec 01, 2018 11:00 pm
Forum: Personal Consumer Issues
Topic: Our SS Numbers were hacked at Health Provider
Replies: 12
Views: 1535

Re: Our SS Numbers were hacked at Health Provider

Our credit is frozen at the 3 major credit agencies already. Is there anything else we can do to prevent identity theft or other problems? Not much, besides wait and watch. (Edit: and use good online practices— passwords that are all different, biographical info not visible to the public, avoid cli...
by NoHeat
Sat Dec 01, 2018 1:46 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why “Sell In May”Doesn’t Work
Replies: 6
Views: 874

Re: Larry Swedroe: Why “Sell In May”Doesn’t Work

I did my own spreadsheet back test, assuming S&P 500 with dividend reinvestment. Two takeaways: It’s true that for compound returns, it’s not worthwhile go away in May and come back in October, staying invested only 7 months per year. But it turns out that consistently omitting one month, August, is...
by NoHeat
Sat Dec 01, 2018 1:07 am
Forum: Personal Finance (Not Investing)
Topic: Help me understand "Payout Rate" for an Annuity
Replies: 58
Views: 3407

Re: Help me understand "Payout Rate" for an Annuity

The example given is a period certain SPIA. You collect the payout as long as you are alive (if a joint annuity then as long as either you or spouse is alive). If both you and spouse die within 15 years, your heirs will continue earning the payout until the 15 years are over. The 15 years collectio...
by NoHeat
Fri Nov 30, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3524

Re: Marriott Starwood Security breach - 500 million guests

CEO came out and said possibly passport information also. There is ZERO reason for anyone to retain this information. These hotel chains are international. Hotels in some countries are required to collect passport info routinely, when guests check in. Back in the 1980s, French hotels had me fill ou...
by NoHeat
Fri Nov 30, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3524

Marriott Starwood Security breach - 500 million guests

A big data breach. Company statement: https://answers.kroll.com Excerpt: information on up to approximately 500 million guests who made a reservation at a Starwood property. For approximately 327 million of these guests, the information includes some combination of name, mailing address, phone numbe...
by NoHeat
Thu Nov 29, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Moving funds to Roth IRA (Backdoor) Plan Review Request
Replies: 8
Views: 454

Re: Moving funds to Roth IRA (Backdoor) Plan Review Request

1. Make a non-deductible contribution of $5,500 to the Traditional IRA account (it is a new account with no funds) before the end of 2018 2. Convert the contributed funds in Traditional IRA to Roth IRA immediately asap (before the end of 2018). 3. January 2019 comes, make a non-deductible contribut...
by NoHeat
Wed Nov 28, 2018 11:18 pm
Forum: Personal Consumer Issues
Topic: ideas for a Xmas holiday in central Europe
Replies: 22
Views: 2137

Re: ideas for a Xmas holiday in central Europe

gtd98765 wrote:
Mon Nov 26, 2018 10:59 pm
Nuremberg has a great Christmas market, and is an easy train ride from Munich.
That’s right, and the Christkindlesmarkt is actually grander in Nuremburg than in Munich.
by NoHeat
Tue Nov 27, 2018 10:43 pm
Forum: Personal Consumer Issues
Topic: Katmai Advice
Replies: 13
Views: 1544

Re: Katmai Advice

I visited on a daytrip from Anchorage, by floatplane. The nearby town of King Salmon is closer, and lodging there might allow a longer day at Katmai. Rusts and Katmai Air are two of the floatplane operators; call them and ask. You can actually get a good idea of the experience by watching Explore.or...
by NoHeat
Tue Nov 27, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: ideas for a Xmas holiday in central Europe
Replies: 22
Views: 2137

Re: ideas for a Xmas holiday in central Europe

My wife always wanted to see what Christmas in Germany is like, so I booked a flight where we arrive at Munich on the night of December 20th. Visit Munich’s central square, Marienplatz, for two spectacles: Christkindlmarkt (outdoor market) and the mechanized display of stuffed animals in the window...
by NoHeat
Tue Nov 27, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: TIAA: compensation of Wealth Management Advisor
Replies: 22
Views: 2400

TIAA: compensation of Wealth Management Advisor

A NY Times article a year ago reported that some TIAA wealth mangement advisors complain that the company now pushes them too much to sell products not necessarily in the interest of the client. https://www.nytimes.com/2017/10/21/business/the-finger-pointing-at-the-finance-firm-tiaa.html Excerpt: An...