Search found 58 matches

by lws
Mon Mar 18, 2019 1:56 pm
Forum: Personal Investments
Topic: Cash at TD - options for it?
Replies: 6
Views: 307

Re: Cash at TD - options for it?

Two options:
You can buy 1- month treasury bills at Treasury Direct and set them to automatically reinvest.
You can setup a high yield savings account at an online bank.
by lws
Wed Mar 13, 2019 12:58 pm
Forum: Personal Investments
Topic: I want to leave Vanguard
Replies: 71
Views: 5808

Re: I want to leave Vanguard

Don't leave because of this. For some of us there are other good reasons to leave though.
by lws
Tue Mar 12, 2019 4:00 pm
Forum: Investing - Theory, News & General
Topic: Are Vanguard Mutual Funds dying?
Replies: 152
Views: 14849

Re: Are Vanguard Mutual Funds dying?

They are not dying.

Nevertheless, if Vanguard mutual funds die off, others will provide mutual funds. If there is a need for mutual funds it will be filled.
by lws
Tue Mar 05, 2019 3:16 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 158
Views: 9840

Re: Talk me in/out of $35k Tesla Model 3

You can afford it so scratch the itch.
I got a new RX350 simply because I had the itch and the resources.
I need it like I need a hole in the head but I can afford it.
Go for it!
by lws
Sun Mar 03, 2019 7:43 pm
Forum: Personal Consumer Issues
Topic: Why do you live where you live?
Replies: 134
Views: 8361

Re: Why do you live where you live?

SoCal.
May I say more?
by lws
Thu Feb 28, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house as a medical student
Replies: 23
Views: 1025

Re: Buying a house as a medical student

Rent now.
Buy when you become a doctor.
Devote your energy to your training and to your family at this time.
by lws
Fri Feb 22, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 600
Views: 46582

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

"As is often stated here, if you are married and one passes early the taxes on the single can be a real hit. "

Happened to me :twisted:
by lws
Sun Feb 17, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retention of income tax returns
Replies: 18
Views: 1694

Re: Retention of income tax returns

A scanner is your friend.
by lws
Mon Feb 11, 2019 9:41 pm
Forum: Personal Consumer Issues
Topic: Best ways to provide STRUCTURE to retired life
Replies: 71
Views: 5571

Re: Best ways to provide STRUCTURE to retired life

The days go by too fast:
Reading
Gardening
Bicycling
Walking
Housework
Errands
Cooking
Volunteering (Math & Science)
Learning to code (Python)
Tinkering
by lws
Mon Feb 11, 2019 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: How do I keep from becoming irrelevant
Replies: 57
Views: 7348

Re: How do I keep from becoming irrelevant

Consider continuous education
Keep up with your industry
Befriend people young as well as old people
Make being relevant one of your main goals
Keep reminding yourself of what can happen if you cease being relevant
by lws
Sun Feb 10, 2019 4:36 pm
Forum: Personal Consumer Issues
Topic: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)
Replies: 75
Views: 7505

Re: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)

I used Costco recently. No regrets.
by lws
Fri Feb 08, 2019 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: "Living comfortably in retirement"
Replies: 71
Views: 8916

Re: "Living comfortably in retirement"

All my basic human needs are met
Have enough resources to satisfy my wants (which are few)
by lws
Thu Jan 10, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: Vanguard Statements - Print or Electronic
Replies: 47
Views: 2747

Re: Vanguard Statements - Print or Electronic

Most paper statements are difficult for me to read. The text is usually too small.
With electronic statements can enlarge the text.
by lws
Fri Jan 04, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4522

Re: Retirees: any major goals for 2019?

Complete important home projects
Learn to program in Python
Update estate planning documents
Go see the cherry blossoms in DC
by lws
Wed Jan 02, 2019 3:39 pm
Forum: Investing - Theory, News & General
Topic: Any reason for optimism?
Replies: 81
Views: 3150

Re: Any reason for optimism?

Please do not panic. Follow your plans and neglect the noise.
by lws
Mon Dec 31, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: Cable TV renewal
Replies: 32
Views: 2406

Re: Cable TV renewal

It really depends on what you like to watch.

My current choices:
Cast internet connected laptop to the television
Netflix
Over-the-air broadcasts
by lws
Sun Dec 30, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Best bet for streaming YouTube TV on my TV?
Replies: 27
Views: 2038

Re: Best bet for streaming YouTube TV on my TV?

I use my Sony DVD player to access Netflix , You Tube, etc.
Works fine.
by lws
Sat Dec 29, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 13864

Re: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]

We BH set our own AA based on our well established principles.
We love and respect Jack but we will not change our AA every time he makes a statement.
by lws
Sun Dec 23, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Help with RMD
Replies: 30
Views: 2343

Re: Help with RMD

See IRS Publication 590-B

Useful Required Minimum Distribution Worksheets:

https://www.irs.gov/pub/irs-tege/jlls_rmd_worksheet.pdf

https://www.irs.gov/pub/irs-tege/uniform_rmd_wksht.pdf
by lws
Sun Nov 18, 2018 12:54 pm
Forum: Personal Investments
Topic: Buy a 2-family/rental property or REIT
Replies: 8
Views: 1089

Re: Buy a 2-family/rental property or REIT

Please don't go there unless you are prepared for the hassle.
As others have said if you own the market you have all the real estate you need.
I have experienced the pain of being a landlord.
by lws
Thu Nov 15, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 238
Views: 34775

Re: [Financial] Habits of the Rich

Briefly:
get into profession that is in demand
learn about money & investing
save like crazy
spend wisely
avoid lending money
do not accumulate material junk
have clear definitions of wealth and of money
know that poverty loves company
by lws
Mon Oct 22, 2018 2:14 pm
Forum: Personal Investments
Topic: Ally online: Online Access Temporarily Blocked
Replies: 4
Views: 674

Re: Ally online: Online Access Temporarily Blocked

Has anyone experienced similar problems? When I first joined Ally I used to have problems accessing the account. The problem eventually went away. What is your experience with transaction over phone? I never used this feature. Did such experience make you have a second thought about an online bankin...
by lws
Mon Oct 15, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: "Turn Off The Financial News"
Replies: 13
Views: 1976

Re: "Turn Off The Financial News"

As with other TV programs , financial programs are put on for the benefit of the folks who produce them. They sell commercials.
by lws
Wed Oct 10, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10360
Views: 1827209

Re: Stocks tumbling?

No one knows what is causing the drop.
It is the nature for the market to behave this way.
Stop looking at the market and carry on. Stay the course.
by lws
Thu Sep 20, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Experiences downsizing to single car
Replies: 34
Views: 3227

Re: Experiences downsizing to single car

Uber works for me. I have a car but driving is a hassle.
by lws
Mon Sep 17, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 7435

Re: Is there such thing as saving TOO much?

It is okay to over save if your needs are met and if your wants are small.
If you do not need the funds later you can use it to help others.
by lws
Sun Aug 19, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 15006

Re: Remind me (again) how real estate isn't a GREAT investment?

Buying a residential property to rent out is a business. We are aware that most new businesses fail but some do succeed. Do proper research and give it a shot if you think that the odds favor you.
I once bought and rented a condominium and it was a painful experience.
by lws
Sun Aug 19, 2018 2:35 pm
Forum: Personal Investments
Topic: High tax bracket - Go 100% Roth in tax advantaged?
Replies: 47
Views: 4250

Re: High tax bracket - Go 100% Roth in tax advantaged?

I commend you for acknowledging that luck plays a part on our lives.
I made maximum annual contributions to a 457(b), Traditional IRA, and Roth IRA. It worked out well.
Like you, I tried to predict the future, but I found it to be futile.
by lws
Tue Jul 17, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Know Your Investor Personality
Replies: 26
Views: 2945

Re: Larry Swedroe: Know Your Investor Personality

Some people say psychology is useless. I don't think so.
by lws
Fri Jun 29, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: What are you learning or studying?
Replies: 112
Views: 9679

Re: What are you learning or studying?

Learning to program in Python just for mental exercise.
by lws
Tue Jun 26, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Charity giving how much? How much do other retirees give?
Replies: 44
Views: 4307

Re: Charity giving how much? How much do other retirees give?

Have you made provisions for long term care if you should need it?
by lws
Tue Jun 26, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: $1 million house--- sanity check
Replies: 101
Views: 12306

Re: $1 million house--- sanity check

From experience, 3000 sq ft is too big for four.
by lws
Sun Jun 24, 2018 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 408
Views: 42438

Re: What is/ was your career and would you recommend it now?

Electrical Power Systems Engineer.
I would recommend it.
by lws
Tue Jun 12, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Insurance when renting car with CSR card
Replies: 6
Views: 1033

Re: Insurance when renting car with CSR card

In my home state, they can not rent you a car if you can not provide proof of liability insurance.
by lws
Mon Jun 11, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 18961

Re: Life in retirement - what did you do today?

“What will be the good of the conquest of leisure and health, if no one remembers how to use them?” Bertrand Russell.
by lws
Tue Jun 05, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Downsize due to tax law change?
Replies: 31
Views: 1945

Re: Downsize due to tax law change?

If you are thinking of moving for financial reasons only, then do a thorough analysis. Move if you are happy with the results.
by lws
Mon Jun 04, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 15777

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

It is your time and your money.
Do it if you think it will bring you joy.
by lws
Sun Jun 03, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Energy Industry [looking for website to discuss]
Replies: 23
Views: 1870

Re: Energy Industry [looking for website to discuss]

Try the United States Department of Energy website.
by lws
Tue Apr 03, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Travel to Dominican Republic
Replies: 17
Views: 2122

Re: Travel to Dominican Republic

You pay cash at the airport to enter the country
For transportation to the resort
To purchase gifts, etc
by lws
Tue Mar 13, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Morningstar article on Home Insurance policies
Replies: 3
Views: 621

Re: Morningstar article on Home Insurance policies

Thanks. Very important information.
by lws
Tue Mar 13, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Morningstar article on Home Insurance policies
Replies: 3
Views: 621

Re: Morningstar article on Home Insurance policies

Thanks. Very important information.
by lws
Tue Mar 13, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 6770

Re: Bicycle Commuting in LA - Thoughts?

Too dangerous. LA drivers are not good at dealing with cyclists.
by lws
Mon Feb 19, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 113
Views: 15085

Re: Bogleheads with $100K+ MSRP cars?

I looked at one but I could not bring myself to part with the money.
by lws
Sat Feb 17, 2018 7:25 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 113
Views: 11176

Re: PSA: Bank of America now charges $12/month for checking

Ally plus credit union for basic banking can not be beaten.
by lws
Wed Jan 31, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - Is it worth it.
Replies: 43
Views: 6520

Re: Umbrella Policy - Is it worth it.

Keep it.
by lws
Wed Jan 10, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 189
Views: 25869

Re: Anyone disenchanted with retirement?

I retired five years ago. I have no regrets. Life is good.
by lws
Fri Dec 29, 2017 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 15002

Re: Another should i buy my dream porsche thread...

Buy the car and enjoy it. Find your favorite back roads and have a ball.
by lws
Fri Dec 29, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Maxing out 401k with purely after-tax contributions?
Replies: 5
Views: 825

Re: Maxing out 401k with purely after-tax contributions?

It depends on the rules of your plan. There is no legal restriction.
by lws
Tue Dec 26, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should we downsize?
Replies: 42
Views: 3548

Re: Should we downsize?

Keep the place and enjoy it.