Search found 578 matches

by Wakefield1
Mon Oct 16, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Giving Less in Dividends than Competitors?
Replies: 13
Views: 1909

Re: Vanguard Giving Less in Dividends than Competitors?

Dividends are simply passed through,amount depends on the stocks held in the ETF or Fund? (less expenses)
Perhaps short term gains from trading distributed as "dividends"? (Might not be so beloved around here,tax cost of trading)(if held in a taxable account)
by Wakefield1
Mon Oct 16, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 3141

Re: Roth as good as you think?

If you are not allowed to take the deduction for the "TIRA" that might even be a stronger argument for the Roth IRA in that you might be able to make a Non-deductible IRA contribution and then turn around and do a Roth Conversion of that amount to accomplish the "Backdoor".
by Wakefield1
Mon Oct 16, 2017 6:49 pm
Forum: Investing - Theory, News & General
Topic: Regular Taxable Accounts vs Tax-Advantaged
Replies: 10
Views: 798

Re: Regular Taxable Accounts vs Tax-Advantaged

I guess someone could explain how the Roth IRA can serve as an efficient source (stash) of non-retirement funds by someone who is less than 59.5 years old (there was an article in the Vanguard Blog about this some months or about a year ago)I believe it was entitled something like "Roth IRA Your mos...
by Wakefield1
Mon Oct 16, 2017 5:54 pm
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 3141

Re: Roth as good as you think?

I guess if you are in the pay category that allows you to do Roth (or "backdoor" it),you can cram more ultimate value per year into your Roth account or "nondeductible" account (although if you did the deductible TIRA your upfront cost would be less per year because of the lowered tax) (A given amou...
by Wakefield1
Mon Oct 16, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 138
Views: 14199

Re: Bogle himself is saying we will expect like 3% for the next decades

I'm sure that he is not predicting a steady calm 3% ride but the usual bumps up and down. "Fasten seat belts".
by Wakefield1
Tue Oct 10, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a new family home [Australia]
Replies: 19
Views: 1872

Re: Would you buy a new family home

The main reason to go through the trouble and expense of buying a new home would be if one enjoys the ambience of the new place more,perhaps it has more space or better kitchen,perhaps a larger bathroom which is easier/safer to bathe or shower in,especially for a person who is becoming invalid/aging...
by Wakefield1
Mon Oct 09, 2017 6:15 pm
Forum: Investing - Theory, News & General
Topic: Oldest international mutual funds?
Replies: 16
Views: 1109

Re: Oldest international mutual funds?

lazyday wrote:
Mon Oct 09, 2017 3:48 pm
Templeton Growth is pretty old.
The O.P. might want to google "Sir John Templeton".
by Wakefield1
Mon Oct 09, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 189
Views: 13082

Re: Dividends vs. Capital Gains for Spending Needs?

I think there is a big difference between a stock fund that has (hoped for) share appreciation as part of its total return as well as a modest dividend stream (which might be mostly "qualified dividends" vs. a bond or mostly bond fund which has "dividends"(mixture of qualified dividends but mostly n...
by Wakefield1
Sun Oct 08, 2017 5:46 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 189
Views: 13082

Re: Dividends vs. Capital Gains for Spending Needs?

“Look at AT&T stock price on Thursday/Friday. It closed Thursday at 39.51 and opened Friday at 39.00 after going ex-divided with a .49 dividend. What else do you think drove the bulk of that price change?“ I dont care what the opening stock price is the morning after ex dividend. That is set by bro...
by Wakefield1
Sun Oct 08, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: Most expensive gel car battery or cheapest? How often?
Replies: 32
Views: 1942

Re: Most expensive gel car battery oe cheapest? How often?

There have been stories going around about one of those battery brand production being moved and people claiming that the new batteries did not live up to the reputation earned by the older production ones I had good luck with some DEKA brand batteries made in Pennsylvania but the local battery shop...
by Wakefield1
Sun Oct 08, 2017 2:25 pm
Forum: Personal Consumer Issues
Topic: Most expensive gel car battery or cheapest? How often?
Replies: 32
Views: 1942

Re: Most expensive gel car battery oe cheapest? How often?

People may be confusing "Optima" batteries with "Odyssey" batteries- the best battery failure insurance may be a set of 6 gauge or thicker(smaller gauge #) copper jumper cables with good clamps I think modern cars drain their batteries when not driven for a few weeks worse than older cars did becaus...
by Wakefield1
Sat Oct 07, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Retirement Account Stolen by Identity theft

I have it set that I get an e-mail notification from my Credit Union (with a timestamp) every time there is a logon to my account,the idea is that if I didn't logon then someone else (scammer?) did.
by Wakefield1
Sat Oct 07, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 144
Views: 22883

Re: So someone drained $13k from my checking account...

Remember the old American Express and National City Bank Traveler's Checks. Is there any such thing anymore? But I don't know if they were available in Kroner/Roubles?
by Wakefield1
Sat Oct 07, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Retirement Account Stolen by Identity theft

Thanks for posting this. I've increased the security on my accounts. I would get a lawyer involved in this situation. I think that a letter from your lawyer will put more pressure on Trans America. In the event that Trans America does not return your money, I would let them know that you plan to go...
by Wakefield1
Fri Oct 06, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Retirement Account Stolen by Identity theft

I would still like to see this end like a good detective story-the perps traced down and (some?) of the money tracked down-and perhaps there are some other victims of the same perp or perps who might not even realize yet that their money is missing-and perhaps potential future victims would be spare...
by Wakefield1
Fri Oct 06, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Retirement Account Stolen by Identity theft

brak wrote:
Fri Oct 06, 2017 8:03 pm
Clarification: the security questions were, date of birth, address, SS#, and mother's maiden name. When I called Trans America they said that there is now an option for a more personal security question, but my father's account did not have one.
Not very good security questions at all.
by Wakefield1
Fri Oct 06, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Retirement Account Stolen by Identity theft

I believe pre-computer era accounts did sometimes have security questions on them. Such as having to answer a question when calling by phone to ask what your balance in checking was before the bank representative would give you the balance. I don't think that is a "logon". Of course a simple answer ...
by Wakefield1
Fri Oct 06, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Retirement Account Stolen by Identity theft

I doubt that the victim even had any kind of logon credentials on his account,the "logon credentials" were added by the crooks.
by Wakefield1
Fri Oct 06, 2017 9:36 am
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 189
Views: 13082

Re: Dividends vs. Capital Gains for Spending Needs?

I don't like to sell-I know I should sell but I don't like to-and a couple of dividend paying stocks have treated me very well-not just increases in the dividend over time but share value increases and splits over time-but the dividends if not spent get used for other things such as buying diversifi...
by Wakefield1
Thu Oct 05, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 189
Views: 13082

Re: Dividends vs. Capital Gains for Spending Needs?

Is Berkshire Hathaway as an investment subject to single stock risk?
by Wakefield1
Thu Oct 05, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Retirement Account Stolen by Identity theft

It sounds like some good Detectives are working on this. Incredible but it is possible that someone who worked in Personnel at your (O.P.'s) father's employer or at the financial provider they used 30 years ago could have had something to do with this crime. As F150HD suggests perhaps other intrusio...
by Wakefield1
Thu Oct 05, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Retirement Account Stolen by Identity theft

My mother is 94 years old. We get calls from unknown or spoofed numbers seemingly several times daily. (Caller I.D.). We generally don't answer these calls. Some of them are ordinary sales or charity solicitors but I think some of them are malicious attempts to collect personal or account informatio...
by Wakefield1
Thu Oct 05, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Identity theft

What makes you say that? "Inside Job". Because the law enforcement statistics show that it usually is. And that is where they start looking first. And by "inside job" they mean that someone has intimate knowledge on a rather first-hand basis. Could "inside job" also have been someone employed by th...
by Wakefield1
Thu Oct 05, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Identity theft

Wakefield 1 - my father had no computer access to his account whatsoever, it was never set up. Incidentally, you can set it up with Vanguard so that you do not have any online access as well. The custodian did not make any attempt to contact my father about the request to add an email address to th...
by Wakefield1
Thu Oct 05, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 169
Views: 9128

Re: Buy on Really Bad Days, Sell on Really Good Days?

Send in the "invest by mail" slip with a check and hope the market drops?
(It didn't this time)
by Wakefield1
Wed Oct 04, 2017 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Identity theft

MikeG62 - my father, being 98, does not use email, nor was there an email address on file for him with the custodian. But he did not receive any written notification of an email address being added to the account. Did the custodian make any attempt to contact your father by phone about the activity...
by Wakefield1
Tue Oct 03, 2017 5:45 pm
Forum: Investing - Theory, News & General
Topic: Question on Roth Conversion theory
Replies: 23
Views: 1195

Re: Question on Roth Conversion theory

I understand that in converting non-deductible IRA funds to Roth tax will have to be paid on growth and income that accrued to the IRA
by Wakefield1
Tue Oct 03, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 187
Views: 20779

Re: Identity theft

So here is what I know so far. The custodian of my father's IRA states that in early September they received a phone call from a man posing as my father, who passed all the security questions and requested a change in email address and that forms for withdrawal of funds be sent to that email. Aroun...
by Wakefield1
Tue Oct 03, 2017 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 9138

Re: Senior citizens can lose everything [to professional guardians via court rulings]

This article reminds me of accounts of what happened to Jewish families and individuals who happened to be living in Germany at the time that the Nazis came to power. Basic civil rights and protection of the law vaporized.
The stories of forced medication-shades of Mengele?
by Wakefield1
Mon Oct 02, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: Is a Roth conversion a good idea if you are in the 15% tax bracket?
Replies: 39
Views: 3723

Re: Is a Roth conversion a good idea if you are in the 15% tax bracket?

If I were in the 15% bracket Roth conversion would be a very good idea.(At least up to the top of that bracket) Would it still be a wise move if distributions were needed to pay the 15% tax? I should have said that I am assuming that other funds from Taxable investments or ongoing income or a check...
by Wakefield1
Sun Oct 01, 2017 12:23 am
Forum: Investing - Theory, News & General
Topic: Is a Roth conversion a good idea if you are in the 15% tax bracket?
Replies: 39
Views: 3723

Re: Is a Roth conversion a good idea if you are in the 15% tax bracket?

If I were in the 15% bracket Roth conversion would be a very good idea.(At least up to the top of that bracket)
by Wakefield1
Fri Sep 29, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Why is this person wrong? Says beating the market is easy.
Replies: 30
Views: 2951

Re: Why is this person wrong? Says beating the market is easy.

It's like someone who says they can make a perpetual motion machine that produces free energy. I "know" that they cannot do it but I don't have the mathematical or debating skills to prove that they cannot do it. But I know enough not to give them my money!
by Wakefield1
Thu Sep 28, 2017 5:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 71
Views: 7548

Re: Vanguard advisor on dividends

In my earliest days as a stock owner I used dividend reinvestment plans,but someone changed my mind about that,the 800 lb. gorilla in the room is specific stock risk. The DRIP plans tend to get you more overweight in a few stocks I volunteer as a tax preparer for TaxAide. DRIP plans have been a nig...
by Wakefield1
Thu Sep 28, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 71
Views: 7548

Re: Vanguard advisor on dividends

In my earliest days as a stock owner I used dividend reinvestment plans,but someone changed my mind about that,the 800 lb. gorilla in the room is specific stock risk. The DRIP plans tend to get you more overweight in a few stocks. If I keep the stocks,(some would tell me to sell them and replace the...
by Wakefield1
Thu Sep 28, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46948

Re: Equifax customer information leak

Won't make a bit of difference. The whole system is broken and setup with wrong incentives, and a forced early retirement of CEO is not going fix it... Agreed, and his $18 million annual pension isn't making me feel any better about it. With this breach, Pandora's box is open and can't be shut agai...
by Wakefield1
Thu Sep 28, 2017 10:02 am
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4671

Re: Share buybacks vs Dividends

Wouldn't an investor who had owned Enron or its predecessor for many years,accepted the dividends and (assuming that the bulk of the dividends were not spent) reinvested those dividends into diversified mutual fund(s),have been better off as opposed to the hypothetical case that Enron had not paid a...
by Wakefield1
Tue Sep 26, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: proxy vote
Replies: 6
Views: 775

Re: proxy vote

Look at the e-mails they sent you after you voted to see if the ticket number you voted is different the second time.
by Wakefield1
Tue Sep 26, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Chrome vs Firefox
Replies: 34
Views: 4376

Re: Chrome vs Firefox

It seemed to me that Firefox got much slower and buggier (locked up,computer needed restart or Firefox killed with Task Manager then restarted) after about version 48.
by Wakefield1
Mon Sep 25, 2017 7:03 pm
Forum: Personal Consumer Issues
Topic: Thoughts on Barefoot/Minimalist Running
Replies: 54
Views: 3709

Re: Thoughts on Barefoot/Minimalist Running

With lower riding shoes the soles wore more under the ball of my foot,with higher lift shoes (which I found less comfortable) the soles wore mostly at the heel so I would think that my gait was affected by the shoes. I did not consciously try to control my gait or stride production. It was noticed t...
by Wakefield1
Mon Sep 25, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 6130

Re: Which is better a Cryptocurrency or Gold?

There are some people who price cryptocurrencies on the theory they are the new Gold. A currency that is easily translated into other currencies in case of a crisis. Essentially a universal hedge against a crisis in your local currency that is easily transported across borders. So if you were going...
by Wakefield1
Mon Sep 25, 2017 6:27 pm
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 6130

Re: Which is better a Cryptocurrency or Gold?

i dont see why people are against cryptocurrency, but were content investing in enron (it was part of the S&P i believe). Opporutnity comes in skepticism. Congrats to the individuals who made a lot of money in bitcoin. I wish I invested with you. Gold and cryptocurrency hvae their roles, depends on...
by Wakefield1
Mon Sep 25, 2017 9:19 am
Forum: Personal Consumer Issues
Topic: Thoughts on Barefoot/Minimalist Running
Replies: 54
Views: 3709

Re: Thoughts on Barefoot/Minimalist Running

I actually suspect that underlying the 'faddishness' of the minimalist running interest is the unfortunate reality that shoe companies have the power of big advertising dollars behind it, whereas minimalist/barefoot running has, well zero to run barefoot. I'll bet with high certainty that if in an ...
by Wakefield1
Sun Sep 24, 2017 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Are all investments compound interest?
Replies: 50
Views: 2997

Re: Are all investments compound interest?

I had a passbook savings account at a bank while I was young that added interest quarterly,that interest then earned interest over the next quarter if you didn't make a withdrawal.I guess that was quarterly compounding. Later some banks (or S&Ls) began advertising that they compounded monthly. Then ...
by Wakefield1
Sun Sep 24, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Thoughts on Barefoot/Minimalist Running
Replies: 54
Views: 3709

Re: Thoughts on Barefoot/Minimalist Running

I believe changing heel lift a large amount abruptly,especially for a high mileage runner can cause pain or injury,lowering the heel lift might cause sore calf or even Achilles tendinitis,while I think raising it may cause bursitis in the rear ankle nevertheless I think a lot of us would have been b...
by Wakefield1
Sat Sep 23, 2017 7:03 pm
Forum: Personal Consumer Issues
Topic: Thoughts on Barefoot/Minimalist Running
Replies: 54
Views: 3709

Re: Thoughts on Barefoot/Minimalist Running

I suspect that the type of shoes that are put on babies as they start to run and walk influences the development of the angles of the feet and ankles and such things as supination and pronation -and the potential footwear preference for running later on
by Wakefield1
Sat Sep 23, 2017 6:59 pm
Forum: Personal Consumer Issues
Topic: Toilet Woes
Replies: 44
Views: 4466

Re: Toilet Woes

Defective new fill valve? Or flapper not being pulled up high enough by the chain?
by Wakefield1
Sat Sep 23, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: Toilet Woes
Replies: 44
Views: 4466

Re: Toilet Woes

If the fill valve is the problem the water level in the tank before a "bad" flush will be lower than before a "good" flush I used to deal with certain commodes by emptying the bowl by pouring a bucket of water down it and then putting some very strong acid type cleaner in it and letting it sit for a...
by Wakefield1
Sat Sep 23, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: Thoughts on Barefoot/Minimalist Running
Replies: 54
Views: 3709

Re: Thoughts on Barefoot/Minimalist Running

I see this as somewhat of a fad,although some people can run fairly easily barefoot on a rubberized track surface. But with glass and nails about there would be too much risk. Shoes seem to go through cycles,there were some good shoes around in the early 1980s into the early 1990s,then I noticed a d...
by Wakefield1
Sat Sep 23, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: No down payment for home purchase: what is worst-case scenario?
Replies: 39
Views: 2300

Re: No down payment for home purchase: what is worst-case scenario?

As far as cost of having money available for a down payment/closing costs for buying a house-I think a lot of potential home/house buyers do have that cost-for instance someone who thinks he might have need to buy a house on short notice and is keeping an extra $100 K (or a little more) in the Credi...
by Wakefield1
Sat Sep 23, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: No down payment for home purchase: what is worst-case scenario?
Replies: 39
Views: 2300

Re: No down payment for home purchase: what is worst-case scenario?

Can someone really get a mortgage with zero down? I guess we learned nothing from the last housing meltdown. That is my take on this and such easy money also causes the price of houses to soar.Hurting the people who have saved up or are trying to save up for a house. I accept that it is probably ri...