Search found 190 matches

by UpperNwGuy
Fri Feb 23, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 180
Views: 7870

Re: Defining "House Poor"

I'm amused by all these descriptions of the term house poor. In the 1970s, when I was in the early stages of my career, I had a number of friends and colleagues who were house poor in the sense that they could not afford to buy furniture for their new house because their new double-digit mortgage to...
by UpperNwGuy
Fri Feb 23, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 44
Views: 5168

Re: "Bogleheads.org" by Kristine Hayes"

tooluser wrote:
Fri Feb 23, 2018 12:04 am
RTFM is too-often overused now.
What does RTFM mean?
by UpperNwGuy
Thu Feb 22, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 44
Views: 5168

Re: "Bogleheads.org" by Kristine Hayes"

Spell out the acronyms in your posts! Yes, I know how to look them up in a wiki. Yes, I know how to google them. But why should I have to do that???? Many times I just give up and move on to the next post.
by UpperNwGuy
Thu Feb 22, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Is a prenup required to establish a list of separate property before marriage?
Replies: 67
Views: 2255

Re: Is a prenup required to establish a list of separate property before marriage?

I would think you will need to keep premarital assets separate from post-marital assets to have any prayer of this working. Keeping assets separate is harder than you might think. For example, if you continue to invest in the same brokerage accounts/funds that you used before the marriage, the spou...
by UpperNwGuy
Mon Feb 19, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 105
Views: 9463

Re: Single People and Retirement Question

Unlike many Bogleheads, I favor retirement in a large metropolitan area rather than seeking low cost or low taxes. If you can afford it, retire into a center of action such as New York City, Boston, D.C., or San Francisco. I agree! I pay a premium to live in a high-cost, high-tax urban setting, but...
by UpperNwGuy
Mon Feb 19, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 105
Views: 9463

Re: Single People and Retirement Question

I travel both alone and with my son and extended family and prior to my divorce with my ex-wife. I am currently traveling by myself and in fact as I submit this I am flying 39000 feet over the Mediterranean on a flight between Milan and Abu Dhabi. I love traveling alone. I can see and do exactly wh...
by UpperNwGuy
Sun Feb 18, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6773

Re: Sell me on the benefits of an emergency fund

I don’t have a separate emergency fund. I assessed the likely risks going forward and determined that that they were mostly covered by insurance, or they could be addressed through management of my existing financial resources. I never keep more than $300 of cash on hand.
by UpperNwGuy
Sat Feb 17, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Going from non-admiral funds to admiral
Replies: 14
Views: 1294

Re: Going from non-admiral funds to admiral

How does converting from investor shares to admiral shares affect cost basis?
by UpperNwGuy
Fri Feb 16, 2018 9:51 pm
Forum: Investing - Theory, News & General
Topic: Best Treasury Bond Fund/ETF for Taxable Accounts
Replies: 17
Views: 2025

Re: Best Treasury Bond Fund/ETF for Taxable Accounts

FWIW, I just had to make this decision, and went with VSIGX over VFIUX (I prefer to stick to Vanguard funds, so those were the options). I decided the lower expense ratio, simplicity of indexing, and vague possible benefits of an ETF share class made it a potentially better choice. If I had to choo...
by UpperNwGuy
Fri Feb 16, 2018 8:46 pm
Forum: Investing - Theory, News & General
Topic: Which book for an 18 year old who is asking about investing?
Replies: 45
Views: 2863

Re: Which book for an 18 year old who is asking about investing?

CppCoder wrote:
Fri Feb 16, 2018 8:31 pm
The Bogleheads' Guide to Investing. That book turned me on to this forum, not the other way around. I refer this book to anyone who wants a comprehensive survey of how to invest for the long run.
+1
by UpperNwGuy
Thu Feb 15, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory
Replies: 19
Views: 1900

Re: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory

As you get older, you need to simplify your portfolio to the point that your wife can manage it in your absence. I'm thinking no more than two or three funds, but possibly a single fund.
by UpperNwGuy
Tue Feb 13, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: PSA: Vanguard 1099 available
Replies: 1
Views: 368

Re: PSA: Vanguard 1099 available

Which of these 1099s are most likely to see a corrected version next month?
by UpperNwGuy
Tue Feb 13, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 3957

Re: Going Paperless Issues

I am totally paperless, but I don't like automatic payments. I don't rely on emails to tell me I have a bill to be paid. I have a calendar showing the date each bill is issued. One or two days later I log into the account, review the amount, pay the bill, and save the payment confirmation as a PDF f...
by UpperNwGuy
Tue Feb 13, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 116
Views: 10640

Re: Anybody else Age - 10 in bonds, rest in stocks

Age 65
60/40 stocks/bonds
I plan to stick with age minus 20 in bonds, and only changing my AA once a decade. I plan to be 50/50 in my 70s and 40/60 in my 80s. I haven't yet decided what my AA will be if I make it into my 90s.
by UpperNwGuy
Tue Feb 13, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 105
Views: 9463

Re: Single People and Retirement Question

My experience: — divorced at age 47 — worked long hours with frequent business travel from age 47 through 60 — dated several people during those years, but never remarried — retired 5 years ago at age 61 — gave up on dating — travel to Europe twice a year for 2-3 weeks at a time, always alone — only...
by UpperNwGuy
Tue Feb 13, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 133
Views: 9592

Re: What big item (>20k) are you saving up for?

My next car.

Edit: This is what I am saving for, not what I am investing for.
by UpperNwGuy
Tue Feb 13, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statement & Receipt Clearing - Help!
Replies: 42
Views: 2268

Re: Credit Card Statement & Receipt Clearing - Help!

I formulate my budget and track my expenses in a standalone version of Moneydance that I do not connect to the internet (my choice). Most of my expenses are with credit cards, and I record them into Moneydance every day or two while they are still fresh in my mind. Then I set the receipts on a shelf...
by UpperNwGuy
Mon Feb 12, 2018 11:11 pm
Forum: Personal Consumer Issues
Topic: Depositing check with 2 names in the "Payee" section
Replies: 11
Views: 964

Re: Depositing check with 2 names in the "Payee" section

Can you ask the person who wrote the check to write a replacement check with only one payee?
by UpperNwGuy
Mon Feb 12, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: What are the chances of corrected 1099s?
Replies: 19
Views: 1220

Re: What are the chances of corrected 1099s?

What is the latest date that Vanguard sends out a corrected 1099? Is there still time to make the April 15 deadline? I'm asking because this will be my first year with an international fund.
by UpperNwGuy
Sun Feb 11, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting
Replies: 41
Views: 1821

Re: Help with Tax Loss Harvesting

Wait! I said I choose not to tax loss harvest in a situation almost identical to the OP, and you tell me (a) that I am off topic and (b) that I should go read about tax loss harvesting???? Hope there’s still room in this forum for an old fashioned buy and hold investor.
by UpperNwGuy
Sun Feb 11, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting
Replies: 41
Views: 1821

Re: Help with Tax Loss Harvesting

I understand that. I choose not to take that approach.
by UpperNwGuy
Sun Feb 11, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Tax Loss Harvesting
Replies: 41
Views: 1821

Re: Help with Tax Loss Harvesting

I find the OP interesting because I made significant investments in these same two funds on January 12, and I, too, have seen the value of my investment decline. However, I have no plan to sell. My view is that the best way to minimize my losses is to stay the course and watch the value of my invest...
by UpperNwGuy
Sat Feb 10, 2018 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Wellington Fund: where is the special sauce?
Replies: 18
Views: 2323

Re: Wellington Fund: where is the special sauce?

Why not put the money into index funds and avoid second-guessing the fund managers' inability to keep up with an index?
by UpperNwGuy
Thu Feb 08, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8647

Re: Tenants want to break lease early and is pregnant

Just let them go. Be generous. Don't pull out the fine print.
by UpperNwGuy
Thu Feb 08, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Income options
Replies: 3
Views: 391

Re: Fixed Income options

I use a 3 fund investment strategy (which are my tax deferred retirement funds) and am very happy with its simplicity and performance. As of now I have a 60:40 split, stocks to bonds. My stocks are allocated between VTI (domestic index) and VXUS (Intl index) with 45% in domestic and 15% in Intl. Th...
by UpperNwGuy
Wed Feb 07, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond
Replies: 10
Views: 1256

Re: Total Bond

Define great.
by UpperNwGuy
Wed Feb 07, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Silly credit card rewards arbitrage opportunity
Replies: 8
Views: 1689

Re: Silly credit card rewards arbitrage opportunity

Sounds like a bug in the software at Discover or their third party rewards program vendor. You bought the item under a rotating quarterly 5% bonus category, but you returned it the following quarter when that merchant no longer triggered the 5% bonus. These types of bugs tend to get fixed, so I don'...
by UpperNwGuy
Wed Feb 07, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: what to do with patent plaques and other work awards?
Replies: 45
Views: 2775

Re: what to do with patent plaques and other work awards?

Put them in a box. Put the box in storage.
by UpperNwGuy
Wed Feb 07, 2018 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Retired or close to it -- what do you hold in bond portion?
Replies: 41
Views: 4007

Re: Retired or close to it -- what do you hold in bond portion?

Retired. 60/40 stocks/bonds.
Bond portion is 50% Vanguard Total Bond Market Index Fund, 50% Vanguard Intermediate Term Tax Exempt Fund.
by UpperNwGuy
Tue Feb 06, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Should I keep bonds in a balanced fund during raising interest rates?
Replies: 12
Views: 506

Re: Should I keep bonds in a balanced fund during raising interest rates?

chevca wrote:
Tue Feb 06, 2018 10:50 am
Then, do nothing. :happy

Well, contribute more each year, but otherwise...
i agree.
by UpperNwGuy
Tue Feb 06, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 127
Views: 8910

Re: Torn between Vanguard, Fidelity and Schwab

If you hold Vanguard Funds in your Vanguard brokerage account (regardless of whether it is held in one of their old mutual fund only accounts or their newer brokerage accounts), you will still be subject to the $25 annual fee per fund. This is incorrect. Please do your homework before misleading ot...
by UpperNwGuy
Mon Feb 05, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 245
Views: 190337

Re: A time to EVALUATE your jitters

eainge wrote:
Mon Feb 05, 2018 5:08 pm
Everyone have their seat belts fastened?
Yes, indeed!
by UpperNwGuy
Mon Feb 05, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Being a Disciplined Investor - How do you avoid temptations?
Replies: 41
Views: 2719

Re: Being a Disciplined Investor - How do you avoid temptations?

How do I avoid temptations? Easy:
1. Have a long-term investment plan.
2. Follow the plan.
3. Ignore distractions.
by UpperNwGuy
Mon Feb 05, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: brokerage sweep accounts
Replies: 18
Views: 1065

Re: brokerage sweep accounts

jebmke wrote:
Mon Feb 05, 2018 10:01 am
westrichj312 wrote:
Mon Feb 05, 2018 9:51 am
You guys must not trade stocks much.
Never.
Me neither.
by UpperNwGuy
Sat Feb 03, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3434

Re: Do you live on a budget?

Yes, I live on a budget. I track it in Moneydance. For many years I was a spendthrift and accumulated some large credit card debts. Once I put myself on a budget, I paid off the debts and started saving and investing. A budget really works for me!
by UpperNwGuy
Sat Feb 03, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15995

Re: Blood in the water- buying?

I'm not doing any unplanned buying. My IPS calls for me to invest a fixed amount each month, and I don't plan to change that practice because of market movements.
by UpperNwGuy
Sat Feb 03, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund vs. CDs?
Replies: 27
Views: 3141

Re: Total Bond Market Index Fund vs. CDs?

Why do you say that bond funds are decent investments in a rising rate environment? Bonds have pretty consistently beat CD's in the past without much volatility or dips. They are not as guaranteed as CD's but more risk/return. Agree. And for a person who invests monthly, bond mutual funds are far e...
by UpperNwGuy
Sat Feb 03, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Why GNMAs Shouldn't Be Your Bond Choice
Replies: 70
Views: 4921

Re: Why GNMAs Shouldn't Be Your Bond Choice

I've seen several recent posts mention mortgage based securities. Usually MBS is mentioned when comparing the Vanguard Total Bond Market Index Fund (which has MBS) to the Vanguard Intermediate Term Bond Index Fund (which does not have MBS). Some of those who post dislike MBS, while others appear to ...
by UpperNwGuy
Sat Feb 03, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 3505

Re: Multiple bank accounts - am I crazy?

Two credit unions, each with checking, savings, and credit card. I've been with one since 1974 and the other since 1993. Both credit unions are linked to Vanguard. I also have two Chase credit cards (for the travel rewards) and one credit card at a third credit union (for true chip+PIN capability ov...
by UpperNwGuy
Fri Feb 02, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 98
Views: 8731

Re: What's your cash position

jebmke wrote:
Fri Feb 02, 2018 11:38 am
On average, about 2-3 weeks of spending.
+1 I never have more than a month of cash on hand. My IPS doesn't address cash.
by UpperNwGuy
Fri Feb 02, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Bond Funds question
Replies: 7
Views: 703

Re: Bond Funds question

stocknoob4111 wrote:
Fri Feb 02, 2018 12:48 am
UpperNwGuy wrote:
Thu Feb 01, 2018 7:46 pm

What bank is offering CDs with those rates?
Marcus/Goldman Sachs is offering 2.5% on it's 5 year CDs. Heck, their 1yr CD is offering 1.8%.
I knew about the 2.5% at Goldman Sachs, and it's not too shabby, but it's still a lot lower than the rates that the OP is citing.
by UpperNwGuy
Fri Feb 02, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?
Replies: 38
Views: 3197

Re: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?

I personally do not use any of these services as most require (or have the option) to link your banking/credit accounts. That is a risk I'm not willing to take. If Mint gets hacked, I do not like the fact that hackers would then potentially have access to my banking and credit accounts. I use Money...
by UpperNwGuy
Fri Feb 02, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Emergency Money
Replies: 25
Views: 2546

Re: Emergency Money

Dandy wrote:
Fri Feb 02, 2018 9:18 am
I never had assets specifically targeted as an emergency fund. But, I always had multiple sources of funds to use in an emergency.
I think this describes many of us.
by UpperNwGuy
Fri Feb 02, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Getting out of bond funds?
Replies: 17
Views: 1770

Re: Getting out of bond funds?

i retired five years ago, and i plan to continue to invest in bonds. My asset allocation is 60/40 stocks/bonds. When I hit age 70, it will change to 55/45. I don't time markets. I follow my long-term investment plan.
by UpperNwGuy
Thu Feb 01, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds question
Replies: 7
Views: 703

Re: Bond Funds question

Thank you for this well documented reply. It is much appreciated. I must say, however, when I see the following in my local newspaper, it does give me pause: CD 3 yr 2.55 apy 5 yr 2.80 apy 7yr 3.00 apy 10 yr 3.25 apy Perhaps laddering CD's is a better way to go? Your thoughts? What bank is offering...
by UpperNwGuy
Thu Feb 01, 2018 7:23 pm
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 91
Views: 5523

Re: Fewer acronyms please

+1 for using fewer acronyms. Especially the ticker symbols. And having an acronym wiki is not really helpful if you have to stop reading a post, go find the wiki, find the meaning of the acronym, and then return to the post. This is my opinion, and it sure ain't humble.
by UpperNwGuy
Thu Feb 01, 2018 3:30 pm
Forum: Investing - Theory, News & General
Topic: Help me understand Vanguard Intermediate-Term Treasury's SEC yield
Replies: 9
Views: 781

Re: Help me understand Vanguard Intermediate-Term Treasury's SEC yield

Didn't Vanguard change both the name and the index of this fund about mid-December 2017? Could that be a factor?
by UpperNwGuy
Thu Feb 01, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Money
Replies: 25
Views: 2546

Re: Emergency Money

i don't maintain a separate emergency fund because I don't see a need for it. I retired five years ago, so I no longer consider unemployment to be a potential emergency. I have life insurance, healthcare insurance, auto insurance, renters insurance, and umbrella liability insurance, and these polici...