Search found 943 matches

by Wakefield1
Wed Apr 17, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 59
Views: 6264

Re: I’m a Loser Stuck in a Dead End Job

A dead end job,if it puts roof overhead and food on a table and allows something left over for saving,is much better than no job. Remember that (as I understand it) most new businesses don't work out. Assuming that the job is likely to continue. Benefits,health insurance? I think the vast majority o...
by Wakefield1
Sat Apr 13, 2019 4:54 pm
Forum: Personal Investments
Topic: First post.
Replies: 5
Views: 631

Re: First post.

That health care fund (VGHAX?) throws a lot of taxable distributions and so does the "Dividend Growth Fund" (ouch!) so some here probably would recommend keeping them in tax deferred or Roth accounts Last time I looked they seemed to have returns suitable for bragging about-but of course who knows w...
by Wakefield1
Fri Apr 12, 2019 1:20 pm
Forum: Personal Investments
Topic: If I have an existing Roth IRA account, does this year's contribution go into that or do I open a new Roth IRA?
Replies: 5
Views: 342

Re: If I have an existing Roth IRA account, does this year's contribution go into that or do I open a new Roth IRA?

I always added to my original IRA account until such year that the Roth became available and then I added to that each year. Later converted a small part of the original account,added to the existing Roth account. I think you can open multiple IRAs and Roth IRAs,as long as your income allows and you...
by Wakefield1
Sun Apr 07, 2019 7:21 pm
Forum: Personal Investments
Topic: High Federal Taxes this year: Tips on reducing taxes, particularly of short-term investments
Replies: 52
Views: 3403

Re: High Federal Taxes this year: Tips on reducing taxes, particularly of short-term investments

Is he talking the total tax obligation for the year or only a year end payment calculated/owed from the tax return?
by Wakefield1
Sun Apr 07, 2019 6:48 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on this Forbes article? "Why Most Index Funds And ETFs Are Not Good Investments"
Replies: 61
Views: 8626

Re: Thoughts on this Forbes article? "Why Most Index Funds And ETFs Are Not Good Investments"

My index funds (and managed funds) seem to have recovered from the December panic quite nicely.
by Wakefield1
Sun Apr 07, 2019 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: I am confused about quarterly taxes. I own the state about $1700. For the last couple of years I just pay them in Dec.
Replies: 18
Views: 1782

Re: I am confused about quarterly taxes. I own the state about $1700. For the last couple of years I just pay them in

Virginia has safe harbors similar (different dollar amounts) to Federal. Might apply to withholding more so than to Estimated payments. Basically make sure you have withholding for this coming year great enough to exceed(by the end of the tax year) what your total tax liability came to last year. Mi...
by Wakefield1
Tue Apr 02, 2019 3:53 pm
Forum: Personal Investments
Topic: I bought a stock for the first time.
Replies: 66
Views: 3955

Re: I bought a stock for the first time.

Anyone want to conjecture as to how Briggs & Stratton will perform relative to Lyft over the next few years?
Thanks to Mr. Bogle people don't have to worry about such things so much as was the case before his life work
by Wakefield1
Mon Apr 01, 2019 9:55 pm
Forum: Personal Consumer Issues
Topic: 2012 Honda Fit MPG issue
Replies: 49
Views: 3051

Re: 2012 Honda Fit MPG issue

Not going into "closed loop operation" as to the engine control system? This would happen with a thermostat not allowing full engine warmup (opening at too low a temperature or stuck open all of the time)or even just a failed (coolant) temperature sensor-- should be a way to interrogate the system v...
by Wakefield1
Mon Apr 01, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: Do any of you have a fear of changing jobs?
Replies: 73
Views: 4506

Re: Do any of you have a fear of changing jobs?

Times have changed since my working life It was indeed considered dangerous to leave a job,there might not ever be another one. That was Depression era mentality (my parents' generation) and passed down in sort of a weaker form to my generation Also the retirement systems offered at many employers r...
by Wakefield1
Sun Mar 31, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Lifelock
Replies: 15
Views: 905

Re: Lifelock

Now branded with the Norton Antivirus/Security business and aggressively promoted by pop ups from the antivirus
by Wakefield1
Sat Mar 30, 2019 5:03 pm
Forum: Personal Investments
Topic: Seeking insight on this individual stock Dividend Port?
Replies: 6
Views: 425

Re: Seeking insight on this individual stock Dividend Port?

Better to get a broader index even if something like Vanguard's High Dividend Yield vs. gambling with individual stocks/picking
by Wakefield1
Sat Mar 30, 2019 1:40 pm
Forum: Investing - Theory, News & General
Topic: The real impact of inflation on Retired Folks?
Replies: 101
Views: 7863

Re: The real impact of inflation on Retired Folks?

Lots of ways to underestimate inflation- :( Cost of houses and land in my opinion would make a good indexing subject for estimating inflation How about cost of property tax (per unit of land area or per house) and not "adjusted" for "increased market value" (which adds a systemic underestimate of in...
by Wakefield1
Fri Mar 29, 2019 6:16 pm
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 218
Views: 174319

Re: [Why did my fund suddenly drop in value?]

oldzey wrote:
Fri Mar 15, 2019 7:47 am
Yes folks, it's that time again:

Find out if your fund is declaring a dividend this month
Looks like VGHAX sneezed today. Zombie $ to reappear on April Fools" Day?
Glad that thing is in my Roth and not in my taxable!
by Wakefield1
Wed Mar 27, 2019 1:12 pm
Forum: Personal Consumer Issues
Topic: Boeing 737 Max 8 Flight: Would you rebook?
Replies: 63
Views: 5006

Re: Boeing 737 Max 8 Flight: Would you rebook?

"horrible design choice to use single string AoA as an input" Am I correct that 3 AoA detectors/sensors should have been used with consensus of 2 of 3 needed for actuation of MCAS (but if one disagrees a trouble indication would be displayed in cockpit) (normally all 3 would be within a certain rang...
by Wakefield1
Tue Mar 26, 2019 8:17 pm
Forum: Investing - Theory, News & General
Topic: The real impact of inflation on Retired Folks?
Replies: 101
Views: 7863

Re: The real impact of inflation on Retired Folks?

"Invest we must"
Perhaps there is more risk to cash in the pillow or even in the bank than some older risk averse people realize
by Wakefield1
Sat Mar 23, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 52
Views: 3747

Re: Dividends vs Total Return

Does chasing yield increase risk?
Does chasing yield ever decrease total return?
But could avoiding dividends completely also increase risk? (As in less diversification)
by Wakefield1
Sat Mar 23, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pay 1/4 taxes to avoid $75 fee?
Replies: 21
Views: 1532

Re: Pay 1/4 taxes to avoid $75 fee?

related question: I wonder if Vanguard as an IRA custodian can do withholding of tax from distributions or "required minimum distributions" (generating a 1099 form with the withholding amount on it?) Yes they can. I do it every year from my RMD. Three or four more years before I have to do RMD. :!:
by Wakefield1
Sat Mar 23, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Pay 1/4 taxes to avoid $75 fee?
Replies: 21
Views: 1532

Re: Pay 1/4 taxes to avoid $75 fee?

I don't know if you are retired and withdrawing funds from a TIRA, so my comments might be little use for you. All our expenses are paid by TIRA withdrawals (100% taxed) and Social Security benefits (85% taxed). Each time I withdraw from our TIRAs I send the IRS a portion. Around September-October ...
by Wakefield1
Sat Mar 23, 2019 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Pay 1/4 taxes to avoid $75 fee?
Replies: 21
Views: 1532

Re: Pay 1/4 taxes to avoid $75 fee?

Sounds like an underwithholding penalty When my taxes go up each year I rush to increase my withholding for the remaining months of the present year such as to make my total withholding come to at least as much as the total tax was for the preceding year. Or else pay some estimated tax at the beginn...
by Wakefield1
Tue Mar 19, 2019 7:53 pm
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 60
Views: 5694

Re: What financial advice have you been most grateful for?

My initial savings/investment model was based on following those of my parents and older relatives. Since they had experienced the depression the only thing they really felt safe investing in were bank accounts and CDs. I went to college and read a lot and followed the news more widely, including M...
by Wakefield1
Mon Mar 18, 2019 9:35 pm
Forum: Investing - Theory, News & General
Topic: "Lies, Damned Lies, and Statistics."
Replies: 131
Views: 11241

Re: "Lies, Damned Lies, and Statistics."

I have a vague recollection that an authority held that there were some absolutely bottom of the barrel mutual funds that do tend to stay near the bottom (persistent performance) but that a top (recent) performance fund is just as likely to move down to average or even below average during the next ...
by Wakefield1
Fri Mar 15, 2019 5:44 pm
Forum: Investing - Theory, News & General
Topic: 90 day waiting period for Vanguard Flagship
Replies: 37
Views: 3856

Re: 90 day waiting period for Vanguard Flagship

Does the Flagship phone # answer faster than the other phone #s? I thought it was rather random that someone noticed your balances and put the "Welcome to Flagship" on your logon. My Flagship might have been on the rocks during the December foolishness but seems to have refloated without any holes i...
by Wakefield1
Fri Mar 08, 2019 7:10 pm
Forum: Personal Consumer Issues
Topic: Who Can I Hire to Evaluate Heating Situation in my Home?
Replies: 34
Views: 2023

Re: Who Can I Hire to Evaluate Heating Situation in my Home?

As described: OP has multiple zones; one zone never reaches target temperature. There are two possibilities and only two. (1) thermostat is not working properly or (2) the heat delivered to the cold zone is not enough compared to the heat loss. If you have eliminated (1) then OP can increase the he...
by Wakefield1
Fri Mar 08, 2019 7:06 pm
Forum: Personal Consumer Issues
Topic: Who Can I Hire to Evaluate Heating Situation in my Home?
Replies: 34
Views: 2023

Re: Who Can I Hire to Evaluate Heating Situation in my Home?

If the zone does not have its own circulator but relies on a valve and a circulator shared with other zones it might need its own circulator added to get its share of the hot water. In some cases if there is air in the water system it can cause no heat rather than reduced heat because the air can ac...
by Wakefield1
Mon Mar 04, 2019 5:08 pm
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 13705

Re: Why does dividend investing not work?

I fear taxes rather than dividends!
Sort of related to "mental accounting": Cap Gains Distributions from mutual funds: they don't seem like "real" income to me,are they? Dividend income seems like "real" income unless it is the dreaded "return of principal"? :shock:
by Wakefield1
Sun Mar 03, 2019 5:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard vs everyone else
Replies: 38
Views: 4121

Re: Vanguard vs everyone else

Bogleheads: I have been a Vanguard Investor since 1986. They have treated us well and they have provided us with a comfortable retirement. I am not about to abandon a long held relationship for a small perceived advantage. I expect Vanguard will continue to be a superior company for investors for t...
by Wakefield1
Sat Mar 02, 2019 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: How much does owning vehicles (cost/month)
Replies: 53
Views: 3813

Re: How much does owning vehicles (cost/month)

A Lot! Not to mention the personal time needed to take care of the thing properly and washing yourself up after,for instance,having been underneath of it For a "Rich" person (If I were a rich man) it would be nice to have a lift or pit in the home garage and a few thou in tools. Recently did the wat...
by Wakefield1
Sat Mar 02, 2019 5:04 pm
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 13705

Re: Why does dividend investing not work?

Hi Bogleheads! I am new to this forum but I've been lurking for several months now so I know the general Boglehead philosophy and am very convinced that it is the way to go. I have been dollar cost averaging into a broad market worldwide ETF for a few months now and I really enjoy this passive inve...
by Wakefield1
Thu Feb 28, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 13705

Re: Why does dividend investing not work?

I am not sure if "dividend investing" means the same thing to everyone who uses or hears the phrase Am I a dividend investor for owning some Vanguard "Dividend Growth Fund"? For owning some broad market index (which pays dividends)(if just a little) Diversification (not having too much in any one st...
by Wakefield1
Sun Feb 24, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Who does their own taxes?
Replies: 111
Views: 7383

Re: Who does their own taxes?

I do (at least up until now,still waiting for my IRS 1040 sets I ordered Mother and brother went to a 'Liberty Tax" for the last few years,she enjoyed the socialization with the proprietor but last year she was ill and unable to leave the "Rehab" unit easily,I did hers and my brother's. Still hoping...
by Wakefield1
Sat Feb 23, 2019 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Aging Parents & Finances
Replies: 43
Views: 4259

Re: Aging Parents & Finances

Is the mother's Doctor doing everything possible to deal with remediable problems that could be promoting dementia?
(such as vitamin B12 deficiency/pernicious anemia,diabetes,other nutritional issues? )
Atrial fibrillation if present,properly treated? Anticoagulant if indicated?
by Wakefield1
Sat Feb 23, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable and reliable riding lawn mower recommendations?
Replies: 15
Views: 860

Re: Reasonable and reliable riding lawn mower recommendations?

I see that "ppeten.(dot)com" "Professional Power Equipment" is still online (website and forum inspired by a retired professional power equipment shop owner who used to be in Washington State ,I think Bruce had an excellent service might be of interest for someone researching power equipment or smal...
by Wakefield1
Sat Feb 23, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Reasonable and reliable riding lawn mower recommendations?
Replies: 15
Views: 860

Re: Reasonable and reliable riding lawn mower recommendations?

Are the (brand names) sold at power equipment dealers better than the same brands (but maybe different models) sold at outlets such as "big box stores"?
A lot of venerable old brand names like Wheel Horse,White,Bolens or Ariens now owned by the same one business that acquired them in recent years?
by Wakefield1
Fri Feb 15, 2019 7:37 pm
Forum: Investing - Theory, News & General
Topic: Did you get spooked by the December 2018 fall and gave up on passive?
Replies: 133
Views: 7506

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

At where I used to work sometimes one of the workers would show up with a nice new car. Others would joke about "sell me that thing for" some insulting low amount,like half of what it cost new the previous week. What the stock market did on Christmas Eve was sort of like that. I am trying to/raising...
by Wakefield1
Wed Jan 30, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: When taking Social Security @62 could be wise
Replies: 191
Views: 13830

Re: When taking Social Security @62 could be wise

Baloney. Yahoo has never been a good place to get financial advice and this article shows why. Not once is the word Roth or RMD mentioned. And they mention high net worth individuals but then their example has just over $1M in tax deferred for MFJ which certainly isn't HNW. I don't care what other ...
by Wakefield1
Tue Jan 29, 2019 2:53 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency
Replies: 66
Views: 5379

Re: Cryptocurrency

1% allocation to playing Powerball?
by Wakefield1
Sun Jan 27, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: IRS publishes draft 2018 1040 - Huge changes made
Replies: 181
Views: 25110

Re: IRS publishes draft 2018 1040 - Huge changes made

Just ordered some Form 1040 and Schedules B,D,from the IRS website, don't see any way to order "1" or other numbered ones
I hope they come with the 1040 and that I don't need to order a special 1040 for being older than 65?
by Wakefield1
Sat Jan 26, 2019 11:53 pm
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 3736

Re: What do you think about swing trading?

do what makes you happy Thank you! But IMO it is still a good idea to listen to other people's wisdom and optimize (or, at least, adjust) one's decisions. Some people who want to sell you their wisdom are sharks. Unless there is some grounding in experience and acquired knowledge it might be hard t...
by Wakefield1
Sat Jan 26, 2019 11:52 pm
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 3736

Re: What do you think about swing trading?

From time to time when I was working,I would be asked by some coworker about such a scheme that had been peddled on the radio or some advertisement. The best way I knew to answer such a question,besides saying that I would avoid such a scheme or such psychopaths as push them,was to try to get the pe...
by Wakefield1
Sat Jan 26, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: The Value "Premium" has been ZERO for 30 years
Replies: 198
Views: 15750

Re: The Value "Premium" has been ZERO for 30 years

Well,Vanguard Dividend Growth Fund handily beat out Vanguard Small Cap Value Index Fund last year.
So I am rooting for Small Cap Value Index Fund for this coming year! (I have some of both) :D :(
Lots of Cap Gains (Tax) on that Dividend Growth though. Ouch if not in an IRA or something.
by Wakefield1
Wed Jan 23, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Article of John Bogle
Replies: 10
Views: 1023

Re: Article of John Bogle

I believe Mr. Bogle was every bit as smart as any of those richer execs mentioned,had he competed with them to see how much he could get, he could have been every bit as rich. Article reinforces my impression that some in the High Finance industry were somewhat resentful of Mr. Bogle. I believe Mr. ...
by Wakefield1
Thu Jan 17, 2019 8:17 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle's Obituary From The Family
Replies: 48
Views: 15538

Re: Jack Bogle's Obituary From The Family

Pictures of him are now on Vanguard's public web page,including him as an intense young man with his mentor Walter Morgan.
by Wakefield1
Thu Jan 17, 2019 4:59 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle's Obituary From The Family
Replies: 48
Views: 15538

Re: Jack Bogle's Obituary From The Family

I want to mention that in his newest(?)book "Stay the Course" there is mention of him supporting "American Indian College Fund",including having served as Trustee from 1996 until 2002
I think he sped up the schedule of finishing that book,knowing that his time was short.
by Wakefield1
Wed Jan 16, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 58
Views: 3294

Re: Any admission pointers from pre- med/ med students?

As undergrads,rent out a house with some other students who are interested in studying and doing coursework for the future,not wasting all of the time on partying and drinking,watching TV or playing video games. Don't take your chances on random roommates you might get by choosing to live in the dor...
by Wakefield1
Wed Jan 16, 2019 12:17 am
Forum: Personal Consumer Issues
Topic: End of an era - Boeing 727
Replies: 35
Views: 2470

Re: End of an era - Boeing 727

Smokey and somewhat sluggish to climb out when loaded (but may have been due to noise reduction requirement power reduction) but sounded like a real jet! Last one I saw I think was in 2005 coming out of National Reagan DC airport BAC 111 made even more noise however-almost like some kind of fighter-...
by Wakefield1
Tue Jan 15, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6729

Re: A co-worker makes more than me

Unfortunately even if someone is being treated unfairly,if that person brings it up with management the response might be anger. And possibly getting fired. Depends upon the organization and whether government or private. Jobs are hard to come by,perhaps the passage of time will bring a more favorab...
by Wakefield1
Mon Jan 14, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: How to avoid temptation to buy hot stocks or bitcoin?
Replies: 63
Views: 4432

Re: How to avoid temptation to buy hot stocks or bitcoin?

investing and gambling are synonymous. I [invested / gambled] on this house I [invested / gambled] on this index fund I [invested / gambled] on buying a business when people here say "gamble" , it is uniformly part of a rationalization. I believe that the man who said "No, No and No" has devoted hi...
by Wakefield1
Mon Jan 14, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 162
Views: 8960

Re: Getting a Mortgage when You can Pay Cash for a House

Reading this thread is interesting to me,I don't own a house and would very much like to own one in a better place than where I now live someday,fear that getting a mortgage might be hard for a retired person (me) (caregiver and that is part of why I don't own a house-and retired as early as I did-f...
by Wakefield1
Sat Jan 12, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 4667

Re: Long term care insurance policy

I take it that most LTC policies are sold to people who want protection for a spouse when the other ends up in permanent nursing care because of dementia but I have known someone in a nursing home who was quite lucid but totally unable to care for himself because of paralysis/extreme weakness (unabl...