Search found 434 matches

by Beehave
Wed Apr 24, 2019 9:35 am
Forum: Personal Investments
Topic: Close Vanguard and go all in with Fidelity?
Replies: 66
Views: 3475

Re: Close Vanguard and go all in with Fidelity?

I say you should keep your money with Vanguard. 1 Fidelity has a stronger incentive to get you into buying high cost funds, it's not known for being low cost (has been criticizing Vanguard for coming up with low cost index funds in the 80s) 2 Vanguard funds are quite decently managed, Fidelity's fu...
by Beehave
Tue Apr 23, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: Buying a TV
Replies: 32
Views: 1070

Re: Buying a TV

Toddlers stand right in front of TVs, so you are right to dump the x-ray emitting tube TV asap. However, be aware that today's TVs do emit electromagnetic radiation. So either mounting the TV away from the kids or keeping them away from the TV is probably still a good idea (I'm neither an EE nor an ...
by Beehave
Wed Apr 17, 2019 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: QLAC
Replies: 6
Views: 792

Re: QLAC

The chief benefit of the QLAC is that it can help provide longevity insurance. The major concern I'd have with the delayed fixed income of the QLAC would be the erosion of the value of its monthly payments in case of inflation. Overall, monthly income during retirement is extremely desirable, and th...
by Beehave
Thu Apr 11, 2019 9:28 am
Forum: Investing - Theory, News & General
Topic: Did I read this correctly? SS and your AA
Replies: 36
Views: 4046

Re: Did I read this correctly? SS and your AA

It's hard to figure out what missing premises could be added to make sense of the mish-mash below quoted from the article. The authors seem to be confusing income streams with asset allocations, and within income streams they randomly shift between claims about income streams in-general and fixed in...
by Beehave
Wed Apr 10, 2019 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Replacing Main car to get better safety features
Replies: 51
Views: 2079

Re: Replacing Main car to get better safety features

I traded in to get safety features under similar circumstances and age. I have found the rear (back-up) camera and rear cross traffic alert and the blind-spot warning functions to be very valuable. I had expected the lane departure warning and dynamic cruise control to be most important, but to me t...
by Beehave
Mon Apr 08, 2019 10:22 pm
Forum: Personal Investments
Topic: What's next when 401K/tIRA are maxed?
Replies: 24
Views: 2614

Re: What's next when 401K/tIRA are maxed?

My suggestions would be: - Move to Vanguard. The 10 funds in taxable are way overcomplicated and probably costly in fees or capital gains. Invest the funds in VG's Total US and Total International indexes. If the 10 funds have appreciated you'll have capital gains, but selling will set a new base va...
by Beehave
Sun Apr 07, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Self-Insurers: How are you planning and investing for old age care?
Replies: 47
Views: 2923

Re: Long Term Care Self-Insurers: How are you planning and investing for old age care?

Planning to use savings for any LTC costs. Order of deployment: 1st tap pre-tax IRA savings, then other savings. I believe if LTC costs are greater than 7.5% of income that they become tax deductible, so probably best to tap pre-tax funds first to pay for LTC.
by Beehave
Fri Apr 05, 2019 6:47 pm
Forum: Personal Investments
Topic: 2020 target retirement - 2 years in.
Replies: 7
Views: 1253

Re: 2020 target retirement - 2 years in.

When I looked into the Target Retirement funds they end up in the Target Retirement Income fund having reduced the stock-to-bond ratio to 30% stock - 70% bond over time, If you like the steady decrement of stocks ending in the Target Retirement Income Fund, you should stay with the 2020 fund. Intere...
by Beehave
Fri Apr 05, 2019 6:47 pm
Forum: Personal Investments
Topic: 2020 target retirement - 2 years in.
Replies: 7
Views: 1253

Re: 2020 target retirement - 2 years in.

When I looked into the Target Retirement funds they end up in the Target Retirement Income fund having reduced the stock-to-bond ratio to 30% stock - 70% bond over time, If you like the steady decrement of stocks ending in the Target Retirement Income Fund, you should stay with the 2020 fund. Intere...
by Beehave
Thu Apr 04, 2019 9:49 pm
Forum: Personal Investments
Topic: Advice for son begining to invest
Replies: 33
Views: 1628

Re: Advice for son begining to invest

livesoft wrote:
Thu Apr 04, 2019 1:44 pm
William Bernstein has the "If You Can" booklet as a good first read. It should be easily found by anybody with an internet connection who wants to start investing.
+1
Do this!
by Beehave
Thu Apr 04, 2019 9:22 am
Forum: Investing - Theory, News & General
Topic: Are annuities the best way to fund one's retirement?
Replies: 190
Views: 10182

Re: Are annuities the best way to fund one's retirement?

Annuities are said to reduce two major risks (1) deflation/market crash risk (2) longevity risk. The longevity risk mitigation comes with a caveat. If there's a significant inflation, the value of the annuity stream is diminished. An annuity that is, one way or another, backed up by an inflation pro...
by Beehave
Thu Apr 04, 2019 9:04 am
Forum: Personal Investments
Topic: ESPP - Should I or shouldn't I?
Replies: 40
Views: 2260

Re: ESPP - Should I or shouldn't I?

If you work for a company you think is solid, then the risk level for the individual stock versus the broad market is not that awful, and if you're getting a 5% discount and have a good feel for how the company is doing the risk is further reduced. ESPPs are a diversifier in their own right - - a co...
by Beehave
Wed Apr 03, 2019 10:45 pm
Forum: Personal Investments
Topic: Vanguard S&P, Wellesley, and LifeStategy Growth
Replies: 8
Views: 789

Re: Vanguard S&P, Wellesley, and LifeStategy Growth

Some general comments: - Wellesley and S&P do not have midcap and small stocks and are primarily or all US stocks (and Wellesley has US company and some govt bonds). - Adding LS Growth will diversify by holding about as full a spectrum you can have of US and International stocks (large, small, midca...
by Beehave
Wed Apr 03, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: The real impact of inflation on Retired Folks?
Replies: 101
Views: 7904

Re: The real impact of inflation on Retired Folks?

It will be prudent for retirees to plan for an inflation in which COLAs do not keep up with the real costs for goods and services. In such a case, the assets being relied on as longevity insurance may fall short. It will be prudent to have some assets devoted to growth and inflation.
by Beehave
Tue Apr 02, 2019 5:41 am
Forum: Personal Consumer Issues
Topic: Folks in their 60s and above. What early investment on health do you recommend.
Replies: 193
Views: 12637

Re: Folks in their 60s and above. What early investment on health do you recommend.

Include core exercises in your exercise regime. Look up "healthiest foods," see what they do, and include a range of them in your diet. Treat others kindly. Always remember that when it comes to overall health, literacy, happiness, and escape from poverty; the world keeps getting better. Do what you...
by Beehave
Sun Mar 31, 2019 9:48 am
Forum: Personal Consumer Issues
Topic: Anyone looking to retire in FL?
Replies: 18
Views: 2262

Re: Anyone looking to retire in FL?

Some general observations: - It's hot most of the year - It's very flat - It's mostly sunny and always green with something colorful blooming - If you have family that's far away they may not visit as much as you'd expect - It's getting very crowded -- orchards, pastures, farms disappearing and you ...
by Beehave
Sun Mar 31, 2019 9:48 am
Forum: Personal Consumer Issues
Topic: Anyone looking to retire in FL?
Replies: 18
Views: 2262

Re: Anyone looking to retire in FL?

Some general observations: - It's hot most of the year - It's very flat - It's mostly sunny and always green with something colorful blooming - If you have family that's far away they may not visit as much as you'd expect - It's getting very crowded -- orchards, pastures, farms disappearing and you ...
by Beehave
Fri Mar 29, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Passed Over For Promotion for Being too Good at My Job
Replies: 55
Views: 5464

Re: Passed Over For Promotion for Being too Good at My Job

Let's suppose that your expectation that a less talented person will come in as your new manager comes to be. Possibly they will rely on you and reward you financially and with more responsibility. Possibly they will feel threatened and want you to become a wallflower or leave the unit. If you do no...
by Beehave
Fri Mar 29, 2019 2:09 pm
Forum: Personal Investments
Topic: Help with Pension Decision
Replies: 29
Views: 2773

Re: Help with Pension Decision

An informed answer is somewhat dependent on your other assets and health. Absent that input info, and assuming you have other resources you can employ to help you through a bout of inflation, my opinion would be to take the pension with 100% spousal benefit. Then invest your other assets with a risk...
by Beehave
Thu Mar 28, 2019 9:08 am
Forum: Personal Investments
Topic: Avoiding tax torpedo at 70.5
Replies: 36
Views: 4527

Re: Avoiding tax torpedo at 70.5

The "tax torpedo" is a natural part of the benefit of tax deferral. My suggestion for minimizing tax -- and nothing new here -- would be to move some, but not all, to Roth IRA(s). It's not unwise to have the tax diversity of income (pension and Soc'l Sec), dividends and cap gains (post-tax stock acc...
by Beehave
Wed Mar 20, 2019 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Patent an idea and find investors.
Replies: 31
Views: 1759

Re: Patent an idea and find investors.

Ten patents here for 2 megacorps. I'll echo every "it's a jungle out there" comment appearing above about the patent process and trying to start a business. The one thing I think I can add that is not obvious about the topic is that the claims section of the patent is the most critical part of the p...
by Beehave
Wed Mar 20, 2019 2:38 pm
Forum: Personal Consumer Issues
Topic: A used Camry or brand new Corolla?
Replies: 69
Views: 3122

Re: A used Camry or brand new Corolla?

Camry will use more fuel. You would think that, but the fuel efficiency of the 4-cyl Camry is actually identical to or even better than the Corolla, even though the latter has much smaller and less powerful engines. The Camry's 2.5L 4-cyl is newer and more efficient than the old 1.8L on most trims ...
by Beehave
Wed Mar 20, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: A used Camry or brand new Corolla?
Replies: 69
Views: 3122

Re: A used Camry or brand new Corolla?

Camry will be more comfortable and powerful. Camry will use more fuel. Replacement tires are more expensive. Parts availability for both should be fine long down the road, but probably even slightly better with Camry. As mentioned in posts above, two years less wear and tear and new safety features ...
by Beehave
Mon Mar 18, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Predicted RMDs Have Caught Me By Surprise
Replies: 69
Views: 7185

Re: Predicted RMDs Have Caught Me By Surprise

OP's issue involves optimization relative to future tax rates and means-testing (in the form of graduated taxation on Soc'l Sec. payments and Medicare charges). Since we do not know what the future holds tax-wise, and since OP and spouse seem to have very ample resources, the best bet, in my opinion...
by Beehave
Wed Mar 13, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Bright daughter wants to work for nonprofit
Replies: 103
Views: 7788

Re: Bright daughter wants to work for nonprofit

She's tried the corporate world and she's not impressed. She should go ahead and try the non-profit if that meets her ideals. If that ends up becoming unfulfilling (perhaps not as challenging or otherwise not meeting expectations), perhaps she should look into forensic accounting for law enforcement...
by Beehave
Mon Mar 11, 2019 4:57 pm
Forum: Personal Investments
Topic: Target Funds and Risk Tolerance
Replies: 12
Views: 1024

Re: Target Funds and Risk Tolerance

Sounds like you are uncomfortable with your current allocation in your TR fund. Being comfortable is a much better state. Here's a suggestion that is something akin to a bucket strategy. See if it is something that would make you more comfortable with your nest egg. Move out of a single TR fund. Pic...
by Beehave
Mon Mar 11, 2019 8:07 am
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 74
Views: 6841

Re: Time to buy Boeing?

Looks like you're interested in getting advice on the timing of purchase of an individual stock, and neither timing nor individual stock picking is a topic bogleheads generally want to comment about other than to discourage such activity. That said, I took a quick look at Boeing, and from what I see...
by Beehave
Thu Mar 07, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime MM versus Fed MM versus Savings account
Replies: 14
Views: 1402

Re: Vanguard Prime MM versus Fed MM versus Savings account

Depends a lot on tax bracket state and federal. If you provide some details, it would be better. As far as safety, I think all of the Vanguard MMs are extremely safe. But only the Treasury MM and an FDIC bank account are US gov guaranteed and 100% safe. However, this should not be an issue with any...
by Beehave
Wed Mar 06, 2019 12:57 pm
Forum: Personal Investments
Topic: Pension or lump sum?
Replies: 35
Views: 2613

Re: Pension or lump sum?

If you take the lump sum will be placed in IRA (or maybe your 401k) or else be income that is immediately taxed. If it goes into IRA/401k you'll need to take RMDs starting at age 70 1/2 "forever" at whatever tax rates are in effect each year. If it were my decision, I'd take the pension (or use the ...
by Beehave
Mon Mar 04, 2019 11:05 pm
Forum: Personal Consumer Issues
Topic: Advice on Grand Pianos?
Replies: 57
Views: 3072

Re: Advice on Grand Pianos?

I suspect that if you can find a baby-grand piano owner who is retiring and downsizing, especially if they are moving far away, you can find a bargain. Perhaps if you contact a few people who have suitable pianos for sale and explain to them your circumstances and that if they can't find a buyer at ...
by Beehave
Mon Mar 04, 2019 10:43 pm
Forum: Personal Consumer Issues
Topic: Thinking of Buying a Watch - Recommendations?
Replies: 74
Views: 4666

Re: Thinking of Buying a Watch - Recommendations?

TexasPE wrote:
Sat Mar 02, 2019 9:20 am
Citizens Eco models - self-charging (solar cell), so no batteries or winding. Mine is 9 years and counting - no problems! Amazon - starting at less than $70.
+1 Citizen has LOTS going for it. I'm very happy with mine - - extremely reliable (no batteries), just replace watch band as required.
by Beehave
Sat Mar 02, 2019 12:31 am
Forum: Personal Consumer Issues
Topic: Any issues with removing fishtail palm next to house?
Replies: 2
Views: 349

Any issues with removing fishtail palm next to house?

One story home, Tampa area. Fishtail palms were planted by the builder about nine years ago. They grew to about 25 or 30 feet, we had them trimmed way down to about four feet four years ago. We had them trimmed way down again just now because they grew back, and are thinking of having the stumps gro...
by Beehave
Fri Mar 01, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Client From Hell Is Driving Me Insane!
Replies: 60
Views: 7826

Re: Client From Hell Is Driving Me Insane!

The thing about problem accounts is that you're the hero until you become the convenient goat. If indeed many in the industry are asking you what's going on with this account, you oviously have a reputation and contacts. Regardless of geography (which in my ignorance of your particular industry seem...
by Beehave
Fri Mar 01, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Which dept to pay down 1st? Mortgage w/pmi or student loan?
Replies: 10
Views: 638

Re: Which dept to pay down 1st? Mortgage w/pmi or student loan?

As I understand it, student loans are not dischargeable in bankruptcy, and are, thus, just one step ahead of debtor's prison-level risk. I'd get rid of the student debt as soon as possible.
by Beehave
Thu Feb 21, 2019 6:18 pm
Forum: Personal Investments
Topic: Anyone Using Vanguard Managed Payout Fund (VPGDX)?
Replies: 9
Views: 1466

Re: Anyone Using Vanguard Managed Payout Fund (VPGDX)?

I looked at it. Not biting at this time. 50% of its assets are in standard 3 fund investments (total bond, total US, total international), with 6% more in total international bonds. Another 18% of assets are in conservative market neutral, min volatility, and value index funds. Then barbelled agains...
by Beehave
Mon Feb 18, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need a degree?
Replies: 73
Views: 4341

Re: Do I need a degree?

I'd definitely recommend getting the degree. The rate and nature of change in policies everywhere make having a degree a major safety net for you. Do it as quickly and easily as possible. Make sure the degree you get is accredited. One path I'm aware of would be New Jersey's Thomas Edison College wh...
by Beehave
Mon Feb 18, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: When to take SS
Replies: 16
Views: 1804

Re: When to take SS

While the lack of spousal benefit diminishes the value of the overall Social Security benefit, I'd still recommend maxing it out to age 70 if you can do so without undue financial stress. The COLA and increase-for-delay features are huge benefits that make the wait worthwhile. And you can always cha...
by Beehave
Mon Feb 11, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: What Happens If You Ignore Being Served a Lawsuit?
Replies: 68
Views: 5619

Re: What Happens If You Ignore Being Served a Lawsuit?

Hmmmm... Once upon a time (true story) I engaged an attorney for an estate issue. I paid the bill. The lawyer screwed up and sent me a "pay or die" (I'm going to get a judgment against you) dunning note even though I'd paid in full. I called his office and reiterated the bill was paid. They said oka...
by Beehave
Mon Feb 11, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: 2 years in community college, then transfer? need opinion please
Replies: 118
Views: 5652

Re: 2 years in community college, then transfer? need opinion please

I'm retired, and I've been teaching night classes at my local community college for eight years. Before that I was in IT in megacorps for over thirty years and before that I taught at a high-level state U. Your community college plan makes perfect sense to me. Your nephew should take full advantage ...
by Beehave
Fri Feb 08, 2019 10:53 pm
Forum: Personal Investments
Topic: Should I keep my pension or withdraw it?
Replies: 24
Views: 1627

Re: Should I keep my pension or withdraw it?

I ran your case as best I could on immediateannuities.com. The youngest they go on annuities is age 40, and the longest wait is 25 years. Benefit $1106 per month for a forty year old with spousal continuance with 25 year wait costs $86,000. You're five years younger so if they did model for a thirty...
by Beehave
Wed Feb 06, 2019 2:29 pm
Forum: Personal Consumer Issues
Topic: Need a vehicle, need advice
Replies: 11
Views: 839

Re: Need a vehicle, need advice

Unless you really, really need a truck or crossover, I'd recommend finding a Toyota Corolla (new or used) that was built at Toyota's Cambridge, Ontario plant. They are rock solid reliable, get good fuel mileage, are low-priced, and new ones come with advanced safety features standard. Repairs should...
by Beehave
Mon Feb 04, 2019 9:51 am
Forum: Personal Investments
Topic: quick double check that 85% of my SS will be subject to tax
Replies: 88
Views: 6745

Re: quick double check that my SS will be taxed at 85%

"quick double check that my SS will be taxed at 85%" Just a FYI: your SS will not be taxed at 85%.........though 85% of your SS may be taxed You probably know that so the language used is misleading. I thought this thread was saying there was an 85% tax rate on social security benefits. Thanks for ...
by Beehave
Thu Jan 31, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Crazy lady backs into my car...don't think she will pay me out of pocket
Replies: 103
Views: 9915

Re: Crazy lady backs into my car...dont think she will pay me out of pocket

If that voicemail left by the other party includes any form of admission that she was at fault and owed you for damages I'd hold onto it carefully (along with any other proof of her being at fault). If this escalates, this person sounds like the kind whose story would change. I'm no psychologist (or...
by Beehave
Thu Jan 31, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: small value
Replies: 13
Views: 1463

Re: small value

Comparing the indices, small value and small growth have equal percentages of industrials, but SV has more basic materials and financials whereas SG has more tech and healthcare. The P/E ratio for SV is about half of the P/E for SG (roughly 12 and 24). My suspicion about performance is this. In a ti...
by Beehave
Sun Jan 27, 2019 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3365

Re: Opinions on Computational Engineering Undergraduate Major

I know there are lots of engineers on this site so i thought I would ask if people are familiar with the major computational engineering and what their thoughts might be High school senior is accepted to Computational Engineering at UT Austin. The major appeals to the student because of its combina...
by Beehave
Sat Jan 26, 2019 12:17 am
Forum: Investing - Theory, News & General
Topic: Considering future tax when analyzing portfolio?
Replies: 8
Views: 721

Re: Considering future tax when analyzing portfolio?

It is wise to consider taxes. For example, one should consider whether and when to do Roth conversions, and also how much to convert. Out of pocket expenses for long term care and other medical expenses are tax deductible. If one is facing the possibility of a large amount of these types of expenses...
by Beehave
Thu Jan 24, 2019 10:23 pm
Forum: Investing - Theory, News & General
Topic: VGYAX vs. VSCGX [Vanguard Global Wellesley Income vs. LifeStrategy Conservative Growth]
Replies: 1
Views: 353

Re: VGYAX vs. VSCGX

I am not an expert on this. I do share your concern. I want to add bonds to my holdings (my allocation in this area is money market). I looked at the Wellington/Wellesley bond holdings and saw what you are seeing. If I do add bonds, I would prefer Vanguard's intermediate investment grade which overa...
by Beehave
Thu Jan 24, 2019 3:01 pm
Forum: Investing - Theory, News & General
Topic: IRA - Target Date fund - too much International equity
Replies: 17
Views: 1145

Re: IRA - Target Date fund - too much International equity

Your son has a long accumulation phase ahead. One portion of a 4 component stock and bond fund will always be doing better than others. That means that some other portion is probably a bargain. Right now that may well be the foreign stock component. The asset allocation in the fund seems reasonable,...
by Beehave
Tue Jan 22, 2019 6:28 pm
Forum: Personal Investments
Topic: Rethinking the bond percentage.
Replies: 43
Views: 3737

Re: Rethinking the bond percentage.

Most stocks were down for the year, so zero change on 50% of your holdings is not so bad. Flyer 24 (above) has it right. You need to think through your needs and tolerance for risk, set a plan in place and act on the plan. The bogleheads wiki and boglehead beanpodcasts may be helpful. Christine Benz...
by Beehave
Wed Jan 16, 2019 11:32 pm
Forum: Personal Consumer Issues
Topic: Swimming, do you? Advice sought.
Replies: 72
Views: 5640

Re: Swimming, do you? Advice sought.

Be prepared for an influx of newcomers at the pool around March. They'll be trying to get in shape to look good for the summer. You may have to wait to get a lane to swim in.