Search found 765 matches

by Wakefield1
Wed Mar 28, 2018 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Receive dividends from Index funds?
Replies: 23
Views: 1892

Re: Receive dividends from Index funds?

You can link a bank account/credit union account to your Vanguard account using your routing # and your account # (get them right or you might be donating to someone else!) you can set your various taxable mutual fund account holdings to kick out to your bank or checking account,dividends and/or cap...
by Wakefield1
Sun Mar 25, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage and nursing home expenses
Replies: 15
Views: 1061

Re: Reverse Mortgage and nursing home expenses

Also to consider: having a good Doctor or Clinic to visit for periodic preventative care that would include front-running any disorder that might develop that could be nipped in the bud before it does permanent harm such as Pernicious Anemia (the type that requires lifetime B12 shots according to so...
by Wakefield1
Sun Mar 25, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage and nursing home expenses
Replies: 15
Views: 1061

Re: Reverse Mortgage and nursing home expenses

Is the "lake house" handicapped friendly? If not,can it be remodeled to make it so ? If not,sell it? Sell the other place? Buy a place with the proceeds that is senior/handicapped friendly or else buy into a Senior Community? (not a nursing home for the totally bedridden) A senior might be able to l...
by Wakefield1
Fri Mar 23, 2018 10:51 pm
Forum: Personal Consumer Issues
Topic: Fuel additives
Replies: 21
Views: 1220

Re: Fuel additives

I have a fondness for "Marine Sta Bil" added in minimum amount at fueling when the car doesn't get driven enough to need fuel added for 3 or 4 months. But probably more valuable for lawnmower engine and chainsaw gas.
by Wakefield1
Fri Mar 23, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Losing friends/family when wealthy
Replies: 118
Views: 10205

Re: Losing friends/family when wealthy

It can go either way. Losing "friends" because they think you are wealthier than they or losing "friends" because they think you are less wealthy than they. chances are,they weren't such good friends as they once seemed. not to mention the "friends" simply hanging around hoping for a handout or "loa...
by Wakefield1
Tue Mar 20, 2018 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement plan
Replies: 59
Views: 3589

Re: Home equity as part of retirement plan

Owning you own place-one where you can garden,look out at valley/mountain scenery,where you could accommodate yourself with some remodeling if you were to become wheelchair bound (otherwise desirable to have access to forest trails and country roads for hiking and running==Priceless. Unless it becom...
by Wakefield1
Sat Mar 17, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Why should you place money in a non-deductible traditional IRA?
Replies: 8
Views: 1031

Re: Why should you place money in a non-deductible traditional IRA?

Keep your copies of all 8606's filed and keep them in a safe place!
by Wakefield1
Thu Mar 15, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 195
Views: 21807

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Even old style cars with carburetors could get fuel contamination of their oil,short trips in cold weather not long/far enough to fully warm up the engine,bad thermostat (too cool or stuck open) carburetor too rich or the choke staying on too long setting the choke or carburetor too rich to cover up...
by Wakefield1
Sat Mar 10, 2018 8:49 pm
Forum: Personal Consumer Issues
Topic: Chain Saw pruner or Pole Saw?
Replies: 24
Views: 1899

Re: Chain Saw pruner or Pole Saw?

I second the idea of considering the Kombimotor system with the chainsaw head attachment. Although for casual use the non motorized polesaw might be enough and doesn't have the hassle of fueling and carburetors. Echo may make something similar to the Kombimotor,Echo products usually work O.K. in my ...
by Wakefield1
Wed Mar 07, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard reinvestment questions.
Replies: 12
Views: 992

Re: Vanguard reinvestment questions.

So I have some money available to invest with Vanguard. I plan on investing that into the S&P-500 index fund. My question is: am I able to buy other products from Vanguard with the annual dividends I earn from my initial investment in the S&P-500 index fund? Or does the dividends end up being reinv...
by Wakefield1
Mon Mar 05, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: what to do with 401k? Company dissolving....
Replies: 16
Views: 1551

Re: what to do with 401k? Company dissolving....

Wouldn't keeping this ex 401 in its own separate rollover IRA simplify possibly moving it in the future into another 401 (possible future employer?) such that activities such as Roth conversions wouldn't have the funds diluting the basis for conversion taxation?
by Wakefield1
Wed Feb 21, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 33889

Re: What if you only live off dividends?

Living off of dividends is exactly the same as selling off your stocks though. So you could rephrase your question as, "What if you only live off selling off your stocks?" I dont agree. Receiving dividends is not “exactly the same” as selling your stock. Nobody can say for sure what would happen to...
by Wakefield1
Mon Feb 19, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: Is it "cute" to invest in sector funds?
Replies: 46
Views: 4125

Re: Is it "cute" to invest in sector funds?

I suspect that the larger sectors tend over very long times to perform similarly to the total markets but may stray far above or far below over shorter time frames of several years. Gold,precious metals not so hot (a way to generate capital losses?) I am entranced by the Medical/Healthcare sector bu...
by Wakefield1
Sun Feb 18, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: How to advise a parent
Replies: 22
Views: 1992

Re: How to advise a parent

I wish my mother would have/could have been talked in to putting most of her money into something like Vanguard Wellesley Fund instead of keeping>$100,000.+ in checking accounts!
by Wakefield1
Fri Feb 16, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Connecticut is charging sales tax on out of state purchases
Replies: 40
Views: 2770

Re: Connecticut is charging sales tax on out of state purchases

A number of states demand that you pay a percentage tax on merchandise from out of (your State of residence) that did not have sales tax charged and sent to that State (of your residence) when you bought the merchandise over the Internet or mail order. It seems aggressive and perhaps subject to Cour...
by Wakefield1
Fri Feb 16, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: MarketWatch article-Vanguard investors kept their cool during stock-market turmoil
Replies: 18
Views: 1710

Re: MarketWatch article-Vanguard investors kept their cool during stock-market turmoil

And still their website didnt hold the traffic that day. Doesn't mean they weren't all trying to log in to track what was happening to their portfolios. They would be crazy not to. Mr. Market was making crazy lowball offers for me to sell my crown jewels to him for less than I think they are worth!...
by Wakefield1
Thu Feb 15, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Simple Vanguard Deposit Question
Replies: 10
Views: 665

Re: Simple Vanguard Deposit Question

Does anyone know whether Vanguard will accept a deposit submitted with a hand-written note asking for deposit to a particular account? I threw in a photocopy of a check for the account. No, I don't have any deposit slips or prepaid envelopes. Does VG even provide these any longer? By contrast, I am...
by Wakefield1
Thu Feb 15, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Simple Vanguard Deposit Question
Replies: 10
Views: 665

Re: Simple Vanguard Deposit Question

As of a couple of months ago I was able to order "Invest by Mail" slips for my traditional Vanguard mutual fund but that one has now become "Admiral"(slips are for "Investor" shares) I believe that under almost all circumstance you can deposit by check or other means into a Money Market account with...
by Wakefield1
Wed Feb 14, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 33889

Re: What if you only live off dividends?

I am pretty sure that in 1930 buying a diverse list of stocks,dividend paying or not, was a lot harder than today. I'm sure there wasn't anything like "IDX 500 ADM" mutual fund available. Ancestor of Wellington Fund :P :moneybag :P Front end load? :confused Ancestor of Pioneer Fund-would those have ...
by Wakefield1
Tue Feb 13, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 33889

Re: What if you only live off dividends?

What if you drop this assumption altogether and just withdraw the dividends and bond interest payments? If you can live off of just dividends then you are rich. Congratulations on your financial success. Telling people "just be rich" doesn't seem like useful advice. :D :D :D :D :D :D :idea:
by Wakefield1
Mon Feb 12, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: Passive Investing Best For A 'rigged Market'? [insider trading]
Replies: 13
Views: 1214

Re: Passive Investing Best For A 'rigged Market'? [insider trading]

Insider trading just means that stocks are MORE fairly priced because insider information is being priced in. This is bad news if you're trying to price discover without insider info (active trading) and neutral news if you're a passive investor. :happy :happy :happy :happy :happy :happy :happy (I ...
by Wakefield1
Mon Feb 12, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns
Replies: 41
Views: 4618

Re: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns

I wonder if they would try to replace the worn out shock cord in the poles of my Bean Pack Tent.
This issue reminds me of people who buy up old rusty or broken tools and then try to exchange them for brand new ones :annoyed at Sears/Craftsman or even at Snap On.
by Wakefield1
Fri Feb 09, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Prime MM returns
Replies: 6
Views: 696

Re: Prime MM returns

It seems to pay monthly,so if you reinvest proceeds back into the principle I guess it compounds monthly I get confused sometimes about "APY" and compounding but I think monthly pay and compounding is common to many bank savings accounts and Certificates of Deposit-does the "APY" rate quoted take in...
by Wakefield1
Fri Feb 09, 2018 2:52 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13593

Re: "The stock market is officially in a correction... here's what usually happens next"

You know, I see the correction happening, and I am marveling at how my 'psychological' reaction has changed, as a result of finding this site three years ago. Seriously, it is night and day. I think having this forum is very, very helpful in controlling the behavioral aspect of investing. Five year...
by Wakefield1
Fri Feb 09, 2018 12:19 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 166
Views: 18808

Re: Bitcoin in Freefall

Vanguard Blog now has an article about Bitcoin as an investment (Joe Davis,Feb.6)
highly negative as to the value or safety of Bitcoin as an investment or even as a currency
by Wakefield1
Thu Feb 08, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6393
Views: 1371782

Re: U.S. stocks in freefall

Nothing to see here folks... the stock market went out on the town the last 12 months and had a little too much to drink. A few inglorious vomits, but everything will be fine in the morning. It's always tempting to speculate whether the selling driving the losses is recent money that fueled the rec...
by Wakefield1
Wed Feb 07, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Didn't Get Tested You Did - WSJ Zweig
Replies: 20
Views: 3840

Re: Stock Market Didn't Get Tested You Did - WSJ Zweig

All I did was buy more. Guess I was right about my risk tolerance I don’t really view equities as risky (overtime). Very volatile in the short term - but not necessarily “risky” It helps having 20 years to ride out obviously Equities are risky not because they can drop but because they can drop rig...
by Wakefield1
Tue Jan 30, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Investing Behavior Pitfalls: Trying to "Win" the race.
Replies: 2
Views: 471

Re: Investing Behavior Pitfalls: Trying to "Win" the race.

When to try to win the footrace when just finishing it would be a great achievement
by Wakefield1
Sat Jan 27, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: When did the bad news start in 2008?
Replies: 135
Views: 12973

Re: When did the bad news start in 2008?

The 2008-2009 financial crisis was many years in the making. The roots of the problem probably go back 30 years or so before the crisis hit. I feel that some of those roots haven't been pulled up and could start putting up weeds again. Money in my credit union that could have bought a house outrigh...
by Wakefield1
Fri Jan 26, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Buying a home - Financial Benefits? HCOL
Replies: 75
Views: 3656

Re: Buying a home - Financial Benefits? HCOL

5 Autonomy. No rules. Do as you wish to the place to fit you. 6 Having a place of your own. (priceless) j :D This is very significant especially if it is good for gardening or close to or on land that you love to recreate on. Your own forest preserve? Bernd Heinrich : "The Trees in my Forest" ?
by Wakefield1
Wed Jan 24, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: are updated 2017 IRS tax forms and instructions available?
Replies: 8
Views: 659

Re: are updated 2017 IRS tax forms and instructions available?

I got a postcard from the IRS yesterday that said that the tax forms I ordered (2017) are not yet available,no need to reorder,they will be sent when ready.
by Wakefield1
Tue Jan 23, 2018 11:53 pm
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 206
Views: 140221

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

Now some of my funds will truly drop in value at distribution time: I need a little more income (building up my possible housebuying/downpayment war chest) so I reconfigured some of my Vanguard taxable account funds to pay dividends to my Credit Union account instead of reinvesting them (you can do ...
by Wakefield1
Tue Jan 23, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard CEO - "4-4.5% Market Returns Over The Next Decade"
Replies: 35
Views: 5323

Re: Vanguard CEO - "4-4.5% Market Returns Over The Next Decade"

Would a steady 4% feel better than a roller coaster with 40% moves in both directions that eventually ends up with the 4% effective return after all of the drama? Unfortunately the markets seem to act like roller coasters 4% on a passbook bank account or even a CD would look pretty good now When I w...
by Wakefield1
Fri Jan 19, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can You Say...Auto Insurance
Replies: 36
Views: 2776

Re: Can You Say...Auto Insurance

Update, I thought to myself who do I really like... Warren Buffet & Berkshire Hathaway came to my mind. I own a small part of Berkshire Hathaway in my TSM fund. Might as well profit on my own policy. I switched all my insurance to Geico. I ended up with better coverages 300/300/100 for less than I ...
by Wakefield1
Tue Jan 16, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 7802

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

The saddest thing about this probably is that the most fragile investors,scared of the memories of the last bear or crash,are the last getting lured in by the excitement near the top,they are liable to be the first to bail and get burned when the "correction" comes. They probably help fuel the corre...
by Wakefield1
Tue Jan 16, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 7802

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

Market might not be efficient but it is more efficient than I or most investors trying to outguess it.
by Wakefield1
Tue Jan 16, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 7802

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

Lets suppose I have good investments. If I were a market timer I would try to sell them while they are ridiculously overpriced. But not being a market timer if I just continue to hold them (and save or pocket the dividends),because they are good investments (I hope) they will continue to be worthwhi...
by Wakefield1
Tue Jan 16, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 7802

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

I believe I heard some market guru say that upside moves or toppings end when the bulk of the investing public (including new investors drawn to the excitement of the rising market?) runs out of new money to throw in
by Wakefield1
Mon Jan 15, 2018 12:03 am
Forum: Personal Consumer Issues
Topic: Will IRS make paper tax forms available?
Replies: 23
Views: 1485

Re: Will IRS make paper tax forms available?

Looks like I managed to place an order via Google: "order irs forms by mail" last year's bookmark didn't work and I couldn't find "order by mail" in a few minutes of moving around on the IRS site but the Google item brought up an order page which I think are the links that xenial and mpsz found _Bog...
by Wakefield1
Sun Jan 14, 2018 11:29 pm
Forum: Personal Consumer Issues
Topic: Will IRS make paper tax forms available?
Replies: 23
Views: 1485

Will IRS make paper tax forms available?

Tax forms: I remember the good old days when paper blank tax forms could be picked up from the Post Office or Library. I have been able in the past few years to order them online from the IRS and State tax authority. I just tried going to last year's bookmarked ordering pages and "page not found". W...
by Wakefield1
Sat Jan 13, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: why do banks bother offering lousy CD rates?
Replies: 49
Views: 4967

Re: why do banks bother offering lousy CD rates?

I have been trying to get my elderly mother interested in placing some of her CD/Savings in the Credit Union which is just other side of the intersection from the bank she loves (used to be Arlington Trust) where she might get $50. a month instead of a nickel (just a small exaggeration) Some people ...
by Wakefield1
Sat Jan 13, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Switching my Roth IRA to Vanguard
Replies: 5
Views: 509

Re: Switching my Roth IRA to Vanguard

I believe there is a fee for small IRA and/or taxable accounts that is waived if you "turn off" paper statements,that is get everything online.
by Wakefield1
Fri Jan 12, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: Energy sector time to turn around?
Replies: 45
Views: 4257

Re: Energy sector time to turn around?

It looks like the Dow Utilities Index stocks are "missing in action" from the Wall Street Party.
by Wakefield1
Wed Jan 10, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 142
Views: 14430

Re: Bonds Are Riskier Than People Think

As to whether the Bank CD puts anything at risk/is it an investment or just savings? What if I buy ,say,a 2 year CD and one week later the interest rate goes UP!(on new ones): :annoyed Then I am faced with the possible decision to break it (if the bank will allow it which it doesn't have to do early...
by Wakefield1
Wed Jan 10, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Did I need a lawyer after an accident?
Replies: 29
Views: 2724

Re: Did I need a lawyer after an accident?

Wouldn't your own Insurance Agent and/or Company be one of the first sources to turn to for assistance with getting accident claims straight and paid up? Would this be rather straightforward provided proper Police reports were made? (Except for possible 'pain and suffering" claims?)
by Wakefield1
Tue Jan 09, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: Fertilize dormant plants in winter?
Replies: 13
Views: 983

Re: Fertilize dormant plants in winter?

A very slow material to break down such as bone meal or greensand probably wouldn't hurt anything. Quickly available nitrogen would simply wash or leach away. Use of Potassium Sulfate might be good in Autumn where it might help the plants with winter hardiness. (Potassium Sulfate,never Potassium Chl...
by Wakefield1
Mon Jan 08, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20504

Re: Anyone disenchanted with retirement?

My retirement was mainly made necessary by things happening with my mother and brother in our household so I sometimes wish for the old days back,and especially now that my old Foremen/supervisor (from the Valley,his dad was a B&O Railroad Engineer) is no longer living (he retired a year before I di...
by Wakefield1
Thu Jan 04, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 8318

Re: Heading for a top?

Dow Jones Utilities Index down a bit again today? Is it considered to have any predictive value at all when that index moves down during an otherwise frothy market?

Perhaps correlated to falling bond prices?
by Wakefield1
Thu Jan 04, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: ID theft and check cashing fraud
Replies: 97
Views: 6392

Re: ID theft and check cashing fraud

It is likely that other members of that gym have had locker theft or breakin problems. There is something wrong if the gym will not cooperate with the victim as to the fact that they had surveillance video but will not act on it. Likely the thief checks for lockers that can be robbed from time to ti...
by Wakefield1
Wed Jan 03, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: How safe are retirement accounts?
Replies: 19
Views: 1835

Re: How safe are retirement accounts?

OldSport wrote:
Wed Jan 03, 2018 11:40 am


If any attempt is made to change Roth IRA tax rules, there will be massive revolt and litigation, as that would be punitive double taxation, since those are fully funded with post tax funds.
I will vote against anyone who I think would do such a thing.