Search found 37 matches

by CZjc1330
Thu Mar 29, 2018 6:05 pm
Forum: Personal Investments
Topic: Jim Lowell's track record?
Replies: 1
Views: 652

Jim Lowell's track record?

Jim Lowell writes an intriguing newsletter about Fidelity Funds.
Has anyone had any experience with his predictions? TKS
by CZjc1330
Thu Mar 29, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 10418

Re: How old were you when you started spending your “principal”?

I'm 83 and I haven't touched principal yet. Receive my Req Min Distri on Dec. 15 -- that plus pension, SS makes up my budget for the next year. Never spend beyond that income.
by CZjc1330
Thu Mar 29, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 6751

Re: Should I loan my child money for college?

Frankly, you can't afford to lend her money. Besides most loans to family aren't paid, leads to acrimony, jealousy, etc. I have lent money to 5 relatives only one is paying me back but at such low amounts, I may never be paid in full. Could your daughter attend a local community college for the firs...
by CZjc1330
Fri Mar 23, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Liquor
Replies: 63
Views: 11080

Re: Costco Kirkland Brand Liquor

I have a good friend who is frugal but not cheap. He always has bottles of Genlivet at his parties. I have known him for 15 years. I love Glenlivet on the rocks. I'm not a heavy drinker - only one or two drinks a couple times a week. Always enjoy his Glenlivet :D He confessed to me last year that hi...
by CZjc1330
Sun Mar 18, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: At what point does it make sense to pay down your mortgage?
Replies: 76
Views: 9780

Re: At what point does it make sense to pay down your mortgage?

Unless you have a very low mortgage rate say 3 1/4%, it is always good to pay down your mortgage as time goes by. The feeling of not having a mortgage payment is exhilarating, liberating and calming. You really sleep much better at night. Secondly, forget what banks and real estate salesmen tell you...
by CZjc1330
Sun Mar 18, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: TIAA traditional question
Replies: 14
Views: 1663

Re: TIAA traditional question

Dear Beardsworth
Thank you for the corrections.
Still, my main point was Tiaa isn't our father's Tiaa.
Investor beware. You can do better!
by CZjc1330
Sun Mar 18, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: Soft boxer shorts for men
Replies: 28
Views: 3659

Re: Soft boxer shorts for men

I guess Bogleheads want "to cover" everything.

BUT this topic is really way, way off topic.
by CZjc1330
Sun Mar 18, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: TIAA traditional question
Replies: 14
Views: 1663

Re: TIAA traditional question

I first enrolled in TIAA/CREF in 1959. I fear most of the respondents are living in the past. Andrew Carnegie set up TIAA in the early 1900s because he was shocked that most college professors did not have any pension income. For some 70 years, Tiaa/Cref was non-profit and true to Carnegie's plan to...
by CZjc1330
Fri Mar 16, 2018 12:34 am
Forum: Investing - Theory, News & General
Topic: PSA: Vanguard Drops The Ball (Cost Basis Issue)
Replies: 24
Views: 4884

Re: PSA: Vanguard Drops The Ball (Cost Basis Issue)

I have been with Vanguard for over 30 years. I have noticed (suffered thru) a change in efficiency and service over the past 10 years. The customer service people have morphed into salespeople and try very hard to have me sign up for their managed asset program. The analysis by two different persons...
by CZjc1330
Sun Mar 11, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3909
Views: 1118715

Re: What Book Are You Currently Reading? Part VI

David and Goliath.
A series of loosely related chapters about very interesting topics and author Malcom Gladwell is erudite without being pedantic.
by CZjc1330
Sun Mar 11, 2018 9:23 pm
Forum: Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 12860

Re: Ok fellow bogleheads, was the correction scary or nothing?

Absolutely nothing because it corrected so quickly. I expect a 10 to 15% correction w/in 15 months. So I peeled off last three-year paper profits and hold that portion in cash. (Since it is a tax-deferred account, I did not have to pay any taxes.) When the market drops 15%, I'll dollar cost purchase...
by CZjc1330
Sun Mar 11, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: Men's Cologne
Replies: 66
Views: 6640

Re: Men's Cologne

Gave up colognes and aftershaves years ago. Use scented oil. (Check out Ebay, etc.) A lot more subtle, less expensive and lasts forever. Since oils are not alcohol based scent does not evaporate. Just dab a little around both temples. Lasts all evening. Usually, oils come in a small container with a...
by CZjc1330
Fri Jan 19, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 4464

Re: Considering PhD...but so much to consider...

Getting a Ph. D. is not only a financial decision. Altho you are wise to factor it in. Got dizzy reading all the responses, good as they were. At one time I urged my students to get a Ph.D. at all costs. But the world has changed. For the past 20 yrs, I advise them to consider it if someone else wil...
by CZjc1330
Tue Jan 02, 2018 5:18 pm
Forum: Personal Investments
Topic: Investing in Vanguard through TIAA-CREF
Replies: 41
Views: 5054

Re: Investing in Vanguard through TIAA-CREF

When I said I would not buy Vanguard thru TIAA, I assumed TIAA was charging more than if you went directly to Vanguard. They have become sneaky, so I am leery of them. But if you are tied in with them -- that's it. Yes, don't give up your institution's healthy 10% contribution. Max out -- and even m...
by CZjc1330
Tue Jan 02, 2018 12:21 pm
Forum: Personal Investments
Topic: Investing in Vanguard through TIAA-CREF
Replies: 41
Views: 5054

Re: Investing in Vanguard through TIAA-CREF

I am a retired college prof and administrator. TIAA used to be a straight shooter, following Andrew Carnegie's desire to help professors have a decent retirement. But a few decades ago TIAA dropped being non-profit and became very aggressive salespersons. They are presently being sued by former empl...
by CZjc1330
Sun Dec 31, 2017 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Mortgage Interest deduction under Trump Tax
Replies: 13
Views: 2836

Re: Question on Mortgage Interest deduction under Trump Tax

I jump in again on Q of Equity Loan deductibility. I quote from Bankrate. "How does the tax reform bill affect the home equity loan market? "In the past, homeowners who took out home equity loans were able to deduct the loan’s interest up to $100,000 from their taxes. Under the new tax bill, this de...
by CZjc1330
Sun Dec 31, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 139
Views: 16383

Re: Confusion about prepaying property taxes

Also, note deduction for home equity loans are gone. "How does the tax reform bill affect the home equity loan market?" "In the past, homeowners who took out home equity loans were able to deduct the loan’s interest up to $100,000 from their taxes. Under the new tax bill, this deduction is a thing o...
by CZjc1330
Sat Dec 30, 2017 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Mortgage Interest deduction under Trump Tax
Replies: 13
Views: 2836

Re: Question on Mortgage Interest deduction under Trump Tax

I thought all interest from all home equity loans would no longer be deductible after Dec. 31, 2017. That's for existing equity loans and for new ones activated in 2018.
Am I in error? TKS !!
by CZjc1330
Fri Dec 29, 2017 10:48 pm
Forum: Personal Investments
Topic: Temporary Spot For Cash
Replies: 5
Views: 727

Re: Temporary Spot For Cash

Ally Bank is offerring 2 % via12 month CD. But offer ends Jan.2nd. Decide quickly. Or Synchony and others are offering 1.65 per cent CDs. Good luck.
by CZjc1330
Sun Nov 26, 2017 9:54 pm
Forum: Personal Investments
Topic: A little money - Less investing knowledge - Help please!
Replies: 7
Views: 897

Re: A little money - Less investing knowledge - Help please!

You are still young. If you like your job, work as long as you can. You can never save nor invest too much. Fidelity and Vanguard are good choices. Be consistent, fully match all employee contributions AND go beyond. Set a goal of investing 15% of your gross income. Invest next salary increase -- yo...
by CZjc1330
Sun Nov 26, 2017 9:54 pm
Forum: Personal Investments
Topic: A little money - Less investing knowledge - Help please!
Replies: 7
Views: 897

Re: A little money - Less investing knowledge - Help please!

You are still young. If you like your job, work as long as you can. You can never save nor invest too much. Fidelity and Vanguard are good choices. Be consistent, fully match all employee contributions AND go beyond. Set a goal of investing 15% of your gross income. Invest next salary increase -- yo...
by CZjc1330
Sun Nov 26, 2017 9:39 pm
Forum: Personal Investments
Topic: Gold?
Replies: 64
Views: 6068

Re: Gold?

To the Point!

Trumpet Blare: Gold is a poor investment!
Drum roll: Bogleheads to the rescue!
"Rich and Poor Alike Invest In The Three Vanguard Fund Portfolio"

Happy Ending! :sharebeer
by CZjc1330
Sun Nov 26, 2017 7:24 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?
Replies: 50
Views: 7169

Re: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?

I voted No on all my accounts -- that stopped them
Really a bad deal for investors --Vote No.
by CZjc1330
Sat Oct 28, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 20266

Re: What was the main reason you retired?

My wife insisted. That was 11 years ago when I was 71. Hate retirement. Rather work any day of the week. I was never bored, stressed at times but not bored. Now I am bored and that brings on stress.
by CZjc1330
Sat Oct 28, 2017 7:25 pm
Forum: Personal Investments
Topic: Vanguard voice verification
Replies: 3
Views: 722

Re: Vanguard voice verification

Never questioned as you were, interesting.
by CZjc1330
Sat Oct 28, 2017 7:25 pm
Forum: Personal Investments
Topic: Vanguard voice verification
Replies: 3
Views: 722

Re: Vanguard voice verification

Never questioned as you were, interesting.
by CZjc1330
Sat Oct 28, 2017 4:37 pm
Forum: Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 24197

Re: Early-retired 35 year old with $1 million

You are off to a great start. Congrats! BUT Sorry I think you are too, too young to retire. Hang in there until you are 45. Then you will really be set and still quite young to enjoy life. Good Luck!
by CZjc1330
Wed Oct 11, 2017 9:57 pm
Forum: Personal Investments
Topic: Jim Lowell and His Fidelity Investor Newsletter
Replies: 2
Views: 1092

Jim Lowell and His Fidelity Investor Newsletter

Has anyone any experience with Jim Lowell recommendations? He does write enticing newsletters.
TKS
by CZjc1330
Wed Sep 27, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Charitable [Distributions] from Vanguard
Replies: 12
Views: 2056

Re: Qualified Charitable Deductions from Vanguard

I have Vang, TIAA and Fidelity. and have used all three to make QCD's. Vanguard is the easiest. Up to $5,000.00 via single telephone call. They cut the check, mail it to me, I mail it on to the charity/college, etc. Others want me to fill out a nonsense form. Last year was a special year and I wante...
by CZjc1330
Wed Sep 27, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Can't place fraud alert at Equifax
Replies: 15
Views: 1284

Re: Can't place fraud alert at Equifax

Hi I just set security freezes for my wife with all three companies via the internet. In my case there was a large pre-selected number on the Equifax page which I entered. It worked.. Keep trying.
by CZjc1330
Sun Sep 24, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 11745

Re: Age you retired

I am stunned by the number of people who retired in their 40s and 50s. I hoped you have enough. Three years ago I bought our residence for one million -- cash -- from a man who retired at age 55. He had not been able to keep up his maintenance for 5 years ie, pool, roof, air conditioning, yard, ETC ...
by CZjc1330
Wed Sep 13, 2017 8:17 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 385
Views: 35444

Re: Iphone X is $1000

RIDICULOUS !! Over priced, over-hyped, etc. Is this a cult or what? Keep your present phone if it meets your needs and I am sure it does for most of us. Take the money you would be spending -- at purchase and each month thereafter and buy the fabled :moneybag :moneybag :moneybag 3 Index Funds. You'l...
by CZjc1330
Tue Aug 29, 2017 11:08 am
Forum: Personal Investments
Topic: What to do with series EE savings bonds?
Replies: 41
Views: 5782

Re: What to do with series EE savings bonds?

A simple question -- I hope. I know my 1992 EE Bonds are paying 4%. But is that 4 % on my original investment or on their present accumulated value?
by CZjc1330
Sun Aug 27, 2017 7:01 pm
Forum: Personal Investments
Topic: What to do with series EE savings bonds?
Replies: 41
Views: 5782

Re: What to do with series EE savings bonds?

To confirm others -- I bought six 5 thousand dollar EE bond in Oct 1992. Rate went up to 6 % after a few years. Now down to 4%. My question: Is the 4% on the original amount paid? Or on the accumulated amount a bond is now worth. My 30 K has grown to 100K so hopefully the 4% is on the total value. TKS
by CZjc1330
Sun Aug 27, 2017 12:55 pm
Forum: Personal Consumer Issues
Topic: Is ProtectMyID or other service worth it?
Replies: 12
Views: 1568

Re: Is ProtectMyID or other service worth it?

I come with the experiences of having been a university dean for 15 years and a college president for 20. Our computer system was hacked frequently -- about every other year. All records, SS #, DOB, etc. were stolen. We purchased outside ID security for a year, etc. Finally, we advised people to fre...
by CZjc1330
Fri Aug 18, 2017 4:31 am
Forum: Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 20867

Re: Lost $7000 today in ONE DAY!

Great advice here. Keep cool. If you "lose" ,which you don't unless you sell, another $21,000. It might be a great time to buy, at a :sharebeer bargain price for sure. . As others said. Add up how much your portfolio went up in last 12 months -- It went up many, many times, your $7,000. So put blimp...
by CZjc1330
Fri Feb 17, 2017 10:59 pm
Forum: Personal Investments
Topic: Interest on EE Bonds
Replies: 4
Views: 832

Interest on EE Bonds

I have several EE bonds maturing in a few years. After holding them for 30 years -- interest amounts are substantial. I am advised: I must pay regular taxes when I cash out on interest earned, if I don’t cash the bonds at maturity I will receive the daily Federal interest rate. Is that accurate so f...