Search found 253 matches

by birdog
Sat Aug 31, 2019 2:58 pm
Forum: Personal Investments
Topic: Need help picking a muni bond fund
Replies: 7
Views: 561

Re: Need help picking a muni bond fund

I use VTEB.
by birdog
Thu Aug 22, 2019 2:19 pm
Forum: Personal Investments
Topic: Anyone else more aggressive in retirement than required?
Replies: 52
Views: 4179

Re: Anyone else more aggressive in retirement than required?

I don’t find 60/40 particularly aggressive even in retirement. I agree. I think it's a nice middle ground. to let a portfolio grow without undue risk. And as someone pointed out earlier, anything between 40/60 to 60/40 yields similar performance. Anything between 40/60 and 60/40 has yielded similar...
by birdog
Tue Aug 20, 2019 1:35 pm
Forum: Personal Investments
Topic: Anyone else more aggressive in retirement than required?
Replies: 52
Views: 4179

Re: Anyone else more aggressive in retirement than required?

I'm currently 90/10 and about 3 years from retirement. I'm trying to decide whether or not to transition towards 70/30 as retirement approaches and then hold that for 5 to 10 years into retirement to guard against sequence or returns risk and then trend back to 90/10 after that (bond tent). My othe...
by birdog
Tue Aug 20, 2019 1:09 pm
Forum: Personal Investments
Topic: Anyone else more aggressive in retirement than required?
Replies: 52
Views: 4179

Re: Anyone else more aggressive in retirement than required?

I'm currently 90/10 and about 3 years from retirement. I'm trying to decide whether or not to transition towards 70/30 as retirement approaches and then hold that for 5 to 10 years into retirement to guard against sequence or returns risk and then trend back to 90/10 after that (bond tent). My other...
by birdog
Tue Aug 06, 2019 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Being Taxed as Ordinary Income
Replies: 14
Views: 874

Re: Qualified Dividends Being Taxed as Ordinary Income

Thank you to all who responded so quickly to my question. What a great forum this is. I’m grateful. :sharebeer
by birdog
Tue Aug 06, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Being Taxed as Ordinary Income
Replies: 14
Views: 874

Re: Qualified Dividends Being Taxed as Ordinary Income

Many people seem to find the "bar chart" graphic useful for understanding how Qualified Dividends "float on top" of ordinary income (as terran described above). Go to this Finance Buff blog post and scroll down to the bar chart graphic: Harry Sit, "Reset Cost Basis Higher By Realizing Capital Gains...
by birdog
Tue Aug 06, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Being Taxed as Ordinary Income
Replies: 14
Views: 874

Re: Qualified Dividends Being Taxed as Ordinary Income

Yes, only the qualified dividends and long term capital gains that fall under the limit when added on top of short term capital gains, non-qualified dividends, and ordinary income are taxed at 0%. The amounts that fall outside the limit are taxed at the other rates. It works just like the tax brack...
by birdog
Tue Aug 06, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Being Taxed as Ordinary Income
Replies: 14
Views: 874

Re: Qualified Dividends Being Taxed as Ordinary Income

Yes, only the qualified dividends and long term capital gains that fall under the limit when added on top of short term capital gains, non-qualified dividends, and ordinary income are taxed at 0%. The amounts that fall outside the limit are taxed at the other rates. It works just like the tax brack...
by birdog
Tue Aug 06, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Being Taxed as Ordinary Income
Replies: 14
Views: 874

Re: Qualified Dividends Being Taxed as Ordinary Income

Thanks for all the input. Since the qualified dividend tax rate is 0 up to an income of about $78K, do the qualified dividends get added in to determine my "tax bracket"? In other words, can qualified dividends bump me up into a higher tax bracket which would then also bump up the tax rate on those ...
by birdog
Tue Aug 06, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Qualified Dividends Being Taxed as Ordinary Income
Replies: 14
Views: 874

Qualified Dividends Being Taxed as Ordinary Income

I have a question regarding qualified dividends. I know that ordinary dividends are taxed as ordinary income and that qualified dividends enjoy tax rates of either 0, 15 or 20% depending on income level. In my taxable account I own VTI (Vanguard Total Stock Market Index Fund ETF). It pays quarterly ...
by birdog
Tue Aug 06, 2019 9:57 am
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 12637

Re: Buy During This Dip?

BUY BUY BUY!!! All the time, BUY BUY BUY!!!
by birdog
Mon Aug 05, 2019 9:25 pm
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 12637

Re: Buy During This Dip?

Seasonal wrote:
Mon Aug 05, 2019 3:29 pm

If you're doing something other than pre-planned rebalancing or periodic investmenting, you should buy in the first case, but not in the second.
I’m gonna git my investmenting on too!

Hah! ;-) Had to go to urban dictionary for that one.
by birdog
Mon Aug 05, 2019 3:14 pm
Forum: Personal Investments
Topic: My "Timing the Market" Experiment
Replies: 55
Views: 5327

Re: My "Timing the Market" Experiment

I tried it once and failed. It cost me $4000 which in 20 years could become a $32000 mistake. In my opinion, the worst thing that can happen to you is that you are successful in your experiment. Then you will think that you are really smart and you will be trying it dozens of time in the future. Mo...
by birdog
Mon Aug 05, 2019 3:10 pm
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 12637

Re: Buy During This Dip?

I bought today but would have bought today regardless of the market conditions as I had cash to add. And that’s what I do when I have cash to add, I buy.
by birdog
Mon Jul 29, 2019 10:00 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18589

Re: Laid Off - Want to Retire / Am I OK

If I may, but especially if you happen to end up one of those folks with $6-7 million in assets (a) getting a large subsidy from Obamacare and (b) paying close to zero federal taxes, it is almost certainly a good idea to have at least a portion of your days dedicated to volunteer work and charity. ...
by birdog
Sun Jul 28, 2019 2:52 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18589

Re: Laid Off - Want to Retire / Am I OK

Your chance of portfolio failure is dwarfed by the chances of your death. An interesting question to consider is what the future you at age 80 would pay for a year doing whatever at age 51. I seem to recall Warren Buffett saying he would give up his entire fortune to be 25 again, or something like ...
by birdog
Sat Jul 27, 2019 8:26 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18589

Re: Laid Off - Want to Retire / Am I OK

My dumb approach: For reassurance, leave 5 years expenses in bonds, $750k, rest in stocks. Withdraw a max of 5% each year from the stocks portfolio balance, 95% gets reinvested. i.e. spending money starts off at 5% of $5.25million or $260k annually. Stocks portfolio will last forever since withdraw...
by birdog
Wed Jul 24, 2019 6:59 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18589

Re: Laid Off - Want to Retire / Am I OK

You can easily retire! Congratulations! A 2.5 % withdrawal rate is very conservative. Since you'll be living off your taxable account initially, you'll also enjoy a 0% tax rate on long term capital gains and qualified dividends as long as your taxable income remains below 78k, respectively. Short te...
by birdog
Fri Jul 12, 2019 12:29 pm
Forum: Personal Investments
Topic: Should I sell?
Replies: 7
Views: 793

Re: Should I sell?

I no longer feel comfortable owning any single company stocks so I would very likely sell it if I were you. I can't say (nor can anyone) whether selling now will cost you or make you money, but I don't like the uncompensated risk that single company stocks bring. https://www.whitecoatinvestor.com/un...
by birdog
Wed Jun 05, 2019 7:43 am
Forum: Investing - Theory, News & General
Topic: You May Never See Your Grandchildren Again
Replies: 83
Views: 14695

Re: You May Never See Your Grandchildren Again

willthrill81 wrote:
Tue Jun 04, 2019 10:17 am
The very sad truth of the matter is that most "financial advisors" are nothing more than salespeople who are lightly trained in financial matters but highly trained in aggressive sales tactics.
Couldn't have said it better myself.
by birdog
Mon Jun 03, 2019 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 180
Views: 17217

Re: Fun paid jobs after FIRE

I retired from LE after a 32 year career. I have two fun paid jobs. My neighbor owns a large residential cleaning business. I repair his cleaning machines. I do this about 4-6 hours a week at my shop in my garage at my leisure. I have been doing this for 3 years. I'm a baseball fan and attend a cou...
by birdog
Thu May 30, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 180
Views: 17217

Re: Fun paid jobs after FIRE

Someone already mentioned working at a golf course. When I was younger I remember my step-father did this. I always thought it sounded like a cool job if you liked to golf. He retired and relocated to FL where he got a job working a couple days a week in the pro shop at a local golf course. He got f...
by birdog
Tue May 28, 2019 6:48 am
Forum: Personal Investments
Topic: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?
Replies: 29
Views: 8525

Re: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?

I would be very vary of crowdfunding deals at this stage in the market. Most of the deals are laden with fees, and the sponsors have not seen a down cycle. Also, there good deals never make it to crowd funding sites because they are snapped up by friends, family and former investors. It's the subpa...
by birdog
Mon May 20, 2019 9:18 am
Forum: Personal Consumer Issues
Topic: Anyone have a GMC Acadia? Or similar?
Replies: 27
Views: 1705

Re: Anyone have a GMC Acadia? Or similar?

We have a 2014 Acadia Denali. It’s been an electrical nightmare. Dealer wanted $3,000 to change the dimming headlight bulbs. They are HID. Side detection went out and covered under warranty for $2,500. It’s gone out again. AC system leaks at the condenser which is at the back of the car, 12’ from t...
by birdog
Fri May 17, 2019 3:14 pm
Forum: Personal Consumer Issues
Topic: Synthetic oil or not for very low mileage auto?
Replies: 47
Views: 3283

Re: Synthetic oil or not for very low mileage auto?

Super Tech full synthetic oil from Walmart (produced by a major unnamed supplier) costs less than a lot of conventional (non-synthetic) oils and in a blind analysis from an independent lab compared very well to Mobil-1. Mobil-1 is the official oil of NASCAR and they advertise quite a bit. The cost o...
by birdog
Tue May 14, 2019 3:48 pm
Forum: Personal Consumer Issues
Topic: Mosquito control in Central Va
Replies: 23
Views: 1831

Re: Mosquito control in Central Va

When in the Everglades, I typically light up a Don Diego and get a good puff going and never have problems. Takes me 5 hours or so to go thru one. I am not kidding. Works better than anything else I’ve tried. Come to think of it, when I'm at my fire pit in the back yard with a beverage and a Padron...
by birdog
Tue May 14, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: Mosquito control in Central Va
Replies: 23
Views: 1831

Re: Mosquito control in Central Va

Thus far we have had good luck with Thermacell. https://www.thermacell.com/ Chester Moore is a professor of medical entomology at Colorado State University in Fort Collins. According to Moore, metofluthrin (the active ingredient in Thermacell) is probably a little more toxic to humans than DEET. ht...
by birdog
Mon May 13, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Mosquito control in Central Va
Replies: 23
Views: 1831

Re: Mosquito control in Central Va

In an effort to try to be environmentally/pollinator friendly, we tried the Mosquito Spartan Eradicators (https://spartanmosquito.com/mosquito-control/). I just put them up a few days ago so the jury is still out. The reviews are mostly good but of course there is that saying, “If it’s too good to ...
by birdog
Mon Apr 29, 2019 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Credit is frozen, how do I apply for credit card?
Replies: 16
Views: 1475

Re: Credit is frozen, how do I apply for credit card?

Explorer wrote:
Sun Apr 28, 2019 9:36 pm
RickBoglehead wrote:
Sun Apr 28, 2019 9:33 pm
Unfreeze all 3 for 24 hours, wait 15 min, then apply.
This is exactly what I do.. start unfreeze today, end unfreeze tomorrow. Then apply online for credit card - you will get immediate approval (assuming no other issues).
Same here!
by birdog
Mon Apr 29, 2019 7:56 am
Forum: Personal Consumer Issues
Topic: Boglehead Pilots...advice
Replies: 57
Views: 5678

Re: Boglehead Pilots...advice

4.) I anticipate flying high wing cessina's so plan to train in one... does it matter whether I train in a 162, 172, 182? (rental costs increase as the size of the plane increases so I plan on just training in a 162. My advice is to pick the one that costs the least. Flight-time training costs can ...
by birdog
Fri Apr 26, 2019 6:34 am
Forum: Investing - Theory, News & General
Topic: Distribution Monthly or Yearly
Replies: 16
Views: 1908

Re: Distribution Monthly or Yearly

FootballFan5548 wrote:
Thu Apr 25, 2019 2:32 pm
The first thing I would do is to turn dividend reinvesting off and allow the dividends (probably quarterly) to hit your cash account. This acts as a forced withdrawal every quarter.

You can build additional withdrawals around the dividend income as needed.
Definitely turn off DRIP.
by birdog
Thu Apr 25, 2019 1:54 pm
Forum: Investing - Theory, News & General
Topic: Distribution Monthly or Yearly
Replies: 16
Views: 1908

Re: Distribution Monthly or Yearly

The further you can delay withdrawals, the more chance your invested money has to grow. So a more frequent withdrawal schedule (say monthly) would delay withdrawals more than taking an annual single withdrawal in Jan to fund your entire year. This assumes a rising market that year, which playing the...
by birdog
Thu Apr 18, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 100
Views: 16844

Re: Do not use Personal Capital

I know many in this community use Personal Capital to manage their finances, particularly investment income. I used the free tool for the past year and found it really beneficial to see things like my market allocation. However, I went on one of their complimentary wealth management calls and reali...
by birdog
Wed Apr 17, 2019 3:25 pm
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 126
Views: 13553

Re: Does 100% stocks make sense for very high net worth individuals

Sure. And so does 0%. Either can be easily defended. Both tend to be pretty stupid except for extreme cases. Lets say your at 100x and are 50 years old. What is the point of going 100% bonds. Why not build a 50 year bond ladder (or buy annuities if your older), and then invest the rest in some reas...
by birdog
Tue Apr 16, 2019 9:16 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 6974

Re: After financial independence, do you play credit card bonus games?

OP, I see your point better now. Once a person is FI it is possible they're less inclined to deal with the loss of simplicity that cc bonus requires except for maybe the really good offers. Personal preference for sure. I'm still willing to play the game for now.
by birdog
Tue Apr 16, 2019 9:04 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 6974

Re: After financial independence, do you play credit card bonus games?

We primarily use one CC for airline miles. Annual spend is $60K. That's it. No other games. :happy I do enjoy using loyalty points at Marriott (now Bonvoy) and Hilton properties. I find value in keeping our financial life simple. One credit card bill. One bank. One brokerage. I lack the attention s...
by birdog
Tue Apr 16, 2019 9:01 am
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 126
Views: 13553

Re: Does 100% stocks make sense for very high net worth individuals

Sure. And so does 0%. Either can be easily defended.
by birdog
Tue Apr 16, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 100
Views: 16844

Re: Do not use Personal Capital

Did you really believe they couldn't see your account info? How else would they do their job? Perhaps you're only seeing PC as a free tool that some company spent millions on just for you. The truth is that they use the data to market their advisory service to users of the website. You can say no to...
by birdog
Tue Apr 16, 2019 7:57 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 6974

Re: After financial independence, do you play credit card bonus games?

I have played the travel rewards credit card bonus game both before and after financial independence. I guess I don't really understand why FI makes a difference. It takes minimal time and it's free money/travel. Take a free online course like https://www.travelmiles101.com/ and it makes the game e...
by birdog
Mon Apr 15, 2019 1:37 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you play credit card bonus games?
Replies: 97
Views: 6974

Re: After financial independence, do you play credit card bonus games?

I have played the travel rewards credit card bonus game both before and after financial independence. I guess I don't really understand why FI makes a difference. It takes minimal time and it's free money/travel. Take a free online course like https://www.travelmiles101.com/ and it makes the game ea...
by birdog
Mon Apr 15, 2019 7:08 am
Forum: Personal Investments
Topic: Increasing Risk in Retirement
Replies: 26
Views: 2264

Re: Increasing Risk in Retirement

David Jay wrote:
Sat Apr 13, 2019 10:14 pm
Another description of this concept is Kitces’ “Bond tent”, here: https://www.kitces.com/blog/managing-po ... -red-zone/
Good article. Thanks for sharing.
by birdog
Thu Mar 28, 2019 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing Chase freedom 5%
Replies: 27
Views: 2866

Re: Maximizing Chase freedom 5%

Good tip. Thanks for sharing. I've been considering getting this card next and this info will help to maximize the benefits.
by birdog
Fri Mar 15, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: Chase Sapphire Preferred: Cancel/Downgrade Question
Replies: 13
Views: 1716

Re: Chase Sapphire Preferred: Cancel/Downgrade Question

You don't need to keep this card for a year in order to keep your points. I think the best way to handle this is to call and cancel the card at 11 months in order to avoid the second year annual fee (first year was free). Make sure all points are transferred to your CSR prior to cancelling the CSP....
by birdog
Thu Mar 14, 2019 7:45 am
Forum: Personal Consumer Issues
Topic: Chase Sapphire Preferred: Cancel/Downgrade Question
Replies: 13
Views: 1716

Re: Chase Sapphire Preferred: Cancel/Downgrade Question

You don't need to keep this card for a year in order to keep your points. I think the best way to handle this is to call and cancel the card at 11 months in order to avoid the second year annual fee (first year was free). Make sure all points are transferred to your CSR prior to cancelling the CSP. ...
by birdog
Wed Mar 13, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Should I give more money to a family member?
Replies: 107
Views: 6975

Re: Should I give more money to a family member?

I am confused. You said your father's direction was to reimburse yourself for your expenses and then split everything 1/3 between the three of you. My understanding of the role of executors is to execute the instructions left by the person who has died. I am not sure that it is your place to change...
by birdog
Tue Mar 12, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Podcasts [Financial]
Replies: 50
Views: 4550

Re: Podcasts

The Jocko Podcast
The Jordan B. Peterson Podcast
Choose FI
Mad Fientist
The White Coat Investor
STR Ask
STR Weekly Audio

I've been thinking of checking out Joe Rogan as I've heard his is good.
by birdog
Mon Mar 11, 2019 5:36 pm
Forum: Personal Investments
Topic: Bonds vs stocks
Replies: 4
Views: 348

Re: Bonds vs stocks

Yep, typically this works out to be more tax-efficient.
by birdog
Mon Mar 11, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you pay quarterly taxes?
Replies: 36
Views: 4198

Re: Where do you pay quarterly taxes?

I pay estimated taxes with a rewards credit card. This gives a little float and a little profit beyond the fee if you use the right card. How do you do that? Isn't there a charge for using a credit card? Gill I use a USAA 2.5% cash back visa card to pay both my federal and state estimated taxes onl...
by birdog
Thu Mar 07, 2019 5:31 pm
Forum: Personal Consumer Issues
Topic: 2019 Mazda CX-5 Grand Touring or Honda CR-V EXL
Replies: 69
Views: 5899

Re: 2019 Mazda CX-5 Grand Touring or Honda CR-V EXL

A car that is manufactured by an American company (Ford, GM, Chrsyler , etc). I realize that some American cars are made outside the US and that some foreign cars are made in the US. I'm referring not to where a car is made but to where the auto company resides. The profits for foreign companies ty...