Search found 571 matches

by 3-20Characters
Thu Aug 22, 2019 6:40 am
Forum: Personal Finance (Not Investing)
Topic: MoviePass Confirms Data Breach That May Have Exposed Credit Card Numbers
Replies: 5
Views: 415

MoviePass Confirms Data Breach That May Have Exposed Credit Card Numbers

Movie ticket subscription service MoviePass confirmed that a data breach may have exposed tens of thousands of customer card numbers and personal credit cards.
https://www.hollywoodreporter.com/news/ ... rs-1233782
by 3-20Characters
Thu Aug 22, 2019 6:01 am
Forum: Personal Investments
Topic: VFIAX or VOO?
Replies: 21
Views: 1044

Re: VFIAX or VOO?

Just a simple question. For exposure to stocks in my IRAs, should I go with VFIAX or VOO? The latter has a lower expense ratio, so what would be the benefits of the former? Thank you. OP, you told us in a post dated last January that you were going to put it in VFIAX? Did you not do that? Yes, I di...
by 3-20Characters
Wed Aug 21, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else enjoy sitting around and doing little in retirement?
Replies: 55
Views: 4834

Re: Anybody else enjoy sitting around and doing little in retirement?

Do what you enjoy. You’ve earned it. Possible downsides are loneliness and isolation sneaking up on you. This can be hard to reverse, as building a social network is not like flipping a switch—especially as we age. Also, health/physical fitness. I would recommend you at least consider regular, good ...
by 3-20Characters
Wed Aug 21, 2019 3:56 pm
Forum: Personal Investments
Topic: VFIAX or VOO?
Replies: 21
Views: 1044

Re: VFIAX or VOO?

There are many threads here about conventional mutual funds vs. ETFs. It comes down to preference. I prefer mutual funds. I like that I can buy a set amount of $$ and I get it at the closing price. A small difference in ER between the two would not dissuade me from a mutual fund. Others prefer ETFs....
by 3-20Characters
Tue Aug 20, 2019 8:26 am
Forum: Investing - Theory, News & General
Topic: A "Rule of thumb" variable withdrawal method
Replies: 16
Views: 1310

Re: A "Rule of thumb" variable withdrawal method

David Jay wrote:
Tue Aug 20, 2019 8:11 am
3-20Characters wrote:
Tue Aug 20, 2019 3:22 am
@David Jay: do you have a link? I get 11.63% at 95.
My bad, I grabbed 8.1 (age 96) from the table instead of 8.6 (age 95): https://www.irs.gov/pub/irs-tege/uniform_rmd_wksht.pdf
No problem. Just wanted to make sure I wasn’t missing something. Gotta keep my spreadsheets up to date. :D
by 3-20Characters
Tue Aug 20, 2019 3:22 am
Forum: Investing - Theory, News & General
Topic: A "Rule of thumb" variable withdrawal method
Replies: 16
Views: 1310

Re: A "Rule of thumb" variable withdrawal method

I just wanted a simple method that I could suggest to other people that even the math challenged could implement. What do you think? I agree it is simple but is it valid? It substantially disagrees with RMD percentages in the out years (Age 95: RMD is 12.3%, your system is 7.5%). I think the IRS ha...
by 3-20Characters
Mon Aug 19, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 5815

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

Wow. Sorry Ivygirl, but you are way wrong here. The banks / card issuers charge the merchants 2% or more on every swipe of the card. The banks charge, interchange, the merchant more if a cash rewards card is used. I notice some merchants are charging more if a credit card is used. This is common fo...
by 3-20Characters
Mon Aug 19, 2019 2:31 am
Forum: Personal Consumer Issues
Topic: RV purchase ?
Replies: 67
Views: 4495

Re: RV purchase ?

We have friends who have been talking about buying for a few years now. They have done tons of research and have had extensive discussions about it. They have rented different models and taken several trips by themselves and with their adult children. They love it but every time they come back from ...
by 3-20Characters
Fri Aug 16, 2019 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax is a joke
Replies: 14
Views: 2185

Re: Equifax is a joke

What? Equifax is a joke!? Well, you have a point. A damn good one. Search here for all the ways they keep screwing up. They just can’t seem to get their act together. Thank god I got in early with a freeze (PIN). At least I can use their automated phone system to unfreeze. Their web/IT and support a...
by 3-20Characters
Thu Aug 15, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 10016

Re: Apple Card

Agreed the daily cash back is pretty slick. I'm planning to get an apple watch this fall and I think i'll use apple pay more frequently when it's on my wrist versus needing to take my phone out to pay which takes the same amount of time as taking out my credit card. I guess I'm still struggling to ...
by 3-20Characters
Thu Aug 15, 2019 8:58 am
Forum: Personal Investments
Topic: Paralysis
Replies: 16
Views: 3235

Re: Paralysis

Leave it all in CDs/cash for now. Even though your wife does not believe in banks, I assume she is somewhat OK with them if she accepts CDs? As for treasuries, does she understand that the safest guarantee we have is from the US government? Nothing is 100% though. Now send your wife here and let her...
by 3-20Characters
Thu Aug 15, 2019 6:21 am
Forum: Personal Investments
Topic: What is your minimum loss in order to make TLH worthwhile?
Replies: 9
Views: 764

Re: What is your minimum loss in order to make TLH worthwhile?

Hi there, I am trying to decide if TLH is worth doing, and if so how best to avoid any pitfalls. How much of a loss do you need to incur in order to make worth you while to TLH? Thanks It’s easy to do for any amount (and worth doing) but I don’t have a set amount. I play it by ear. Certainly, once ...
by 3-20Characters
Thu Aug 15, 2019 2:58 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 10016

Re: Apple Card

I’ve had mine for a few days now. It’s a credit card. Nothing ground breaking. It makes a cool sound when I drop it. I’ll be using it for international purchases and Apple purchases for 3% back and Apple Pay for 2%. I’ll continue to use my Amex for everyday use. I really like the wallet app integra...
by 3-20Characters
Thu Aug 15, 2019 2:37 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 5815

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

These are really good questions, but since the scope of this thread is about credit cards I won't stray into discussing pros and cons of ethical investing. Maybe we can engage on some other thread. I have no use whatsoever for "rewards" handed out by credit card companies. (I used the word "awards"...
by 3-20Characters
Wed Aug 14, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 5815

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

I am not sure why are checks and debit cards and cash magic and a credit is evil. What is the difference? Bot CC and DCs are pieces of plastic linked to an abstract account, checks and cash are pieces of paper. None of them has "value". 1$ bill looks very similar with 100$ bill, what makes you spen...
by 3-20Characters
Wed Aug 14, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 5815

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

I did not like the nauseating feeling of seeing everything we spent twice - once at time of purchase and once at time of credit card bill. It didn’t work for me, personally, even though I had a card with rewards for many years. I’m happier without it. Husband likes the simplicity of it, and we’re n...
by 3-20Characters
Wed Aug 14, 2019 8:05 am
Forum: Personal Investments
Topic: Laid off - 59yo - advice please
Replies: 44
Views: 6803

Re: Laid off - 59yo - advice please

If you’re fairly sure a job search in your field is fruitless, I say start building on that 10-15k per year in freelance. 10-15k is a good start. How do you like your chances of building on that? Get it as close to 50k as you can—either by building up your freelance prospects or some other form of e...
by 3-20Characters
Wed Aug 14, 2019 7:22 am
Forum: Personal Consumer Issues
Topic: Do you "lock" computers in your home?
Replies: 77
Views: 5222

Re: Do you "lock" computers in your home?

I don't think you need sophisticated tools to bypass password protection --- all you need is the ability to boot off a USB drive or set boot order. That can be disabled in most PCs if you want to be more secure. How many burglars know how to do that? If they are really good computer people, they ca...
by 3-20Characters
Wed Aug 14, 2019 7:05 am
Forum: Personal Consumer Issues
Topic: Do you "lock" computers in your home?
Replies: 77
Views: 5222

Re: Do you "lock" computers in your home?

I don't think you need sophisticated tools to bypass password protection --- all you need is the ability to boot off a USB drive or set boot order. That can be disabled in most PCs if you want to be more secure. Slightly off topic, but how does one securely destroy old desktop disks physically that...
by 3-20Characters
Wed Aug 14, 2019 4:43 am
Forum: Personal Investments
Topic: Tell me about TD Ameritrade
Replies: 21
Views: 1488

Re: Tell me about TD Ameritrade

I used them for my hsa brokerage (linked to hsa bank) prior to moving hsa to fidelity. It was fine—no problems. The interface has more bells and whistles than I need or want but some may like that. I prefer mutual funds to ETFs, so stodgy places like vanguard and fidelity with their own funds are mo...
by 3-20Characters
Tue Aug 13, 2019 7:46 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Small Value Stocks are Cheap
Replies: 258
Views: 13247

Re: Larry Swedroe: Small Value Stocks are Cheap

I’ll keep my slice exactly the same as it stands—not adding, not subtracting. Who knows what the future holds?
by 3-20Characters
Tue Aug 13, 2019 7:42 pm
Forum: Personal Consumer Issues
Topic: Do you "lock" computers in your home?
Replies: 77
Views: 5222

Re: Do you "lock" computers in your home?

*unlocks computer* I use full disk encryption on every drive, including removable drives. And I lock the computer when I'm not physically sitting at it. The main reason I lock it is that I'm required to do so at work, even if I'm just getting coffee or retrieving a printout. So it's easier to do it...
by 3-20Characters
Tue Aug 13, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Do you "lock" computers in your home?
Replies: 77
Views: 5222

Re: Do you "lock" computers in your home?

On a Mac, I set a time limit. Whatever you’re comfortable with. Anywhere from 5 minutes to over an hour. I can also lock manually from the menu. I’m sure you have these options no matter the OS. With a time limit of inactivity set, if you dash out of the house for something and don’t come back for a...
by 3-20Characters
Tue Aug 13, 2019 3:18 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 15009

Re: [Vanguard ongoing glitches, August 12-13, 2019]

Do you hold Total Bond or other bond funds? I hold mostly intermediate treasury with a slice of short term corporate. In that case last night your IT fund data was not correct. Well, I’m not sure when it was fixed but I didn’t notice anything majorly wrong. People here were reporting errors of a la...
by 3-20Characters
Tue Aug 13, 2019 3:07 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 15009

Re: [Vanguard ongoing glitches, August 12-13, 2019]

We are able to log in and peruse our accounts. But, we are on the old mutual fund platform....you know...the one Vanguard keeps asking to migrate away from and go to the "new and improved platform". Taxable in old mutual funds platform and 2 SEPs in brokerage accounts. I have not experienced any gl...
by 3-20Characters
Tue Aug 13, 2019 2:45 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 15009

Re: [Vanguard ongoing glitches, August 12-13, 2019]

We are able to log in and peruse our accounts. But, we are on the old mutual fund platform....you know...the one Vanguard keeps asking to migrate away from and go to the "new and improved platform". Taxable in old mutual funds platform and 2 SEPs in brokerage accounts. I have not experienced any gl...
by 3-20Characters
Tue Aug 13, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Is this 25% savings?
Replies: 67
Views: 4900

Re: Is this 25% savings?

Basic percentage problems are hard for most people which is why, I think, many sales are advertised that way. If there’s an “error” in favor of the merchant, one or two bogleheads may complain but most people won’t notice. I’m not sure this is a new phenomenon though. I can remember similar perplexi...
by 3-20Characters
Tue Aug 13, 2019 2:34 pm
Forum: Personal Consumer Issues
Topic: Do burglars steal and use paperwork?
Replies: 34
Views: 3791

Re: Do burglars steal and use paperwork?

Anything is possible. It’s good to re-examine your procedures as things change. Used to be lots of FUD articles about guarding your paper records, shredding docs, etc. I would still shred docs before disposal but would you, if you were a burglar, try to acquire people’s identity and financial papers...
by 3-20Characters
Tue Aug 13, 2019 2:23 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 15009

Re: [Vanguard ongoing glitches, August 12-13, 2019]

We are able to log in and peruse our accounts. But, we are on the old mutual fund platform....you know...the one Vanguard keeps asking to migrate away from and go to the "new and improved platform". Taxable in old mutual funds platform and 2 SEPs in brokerage accounts. I have not experienced any gl...
by 3-20Characters
Tue Aug 13, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 5815

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

I assume that anyone who follows Ramsey is in debt. I simply can’t understand anyone sophisticated enough to manage hundreds of thousands—much less millions is assets—but they spend like drunken sailors if they get a CC in their wallet. How does one save for retirement while spending in an irrespons...
by 3-20Characters
Tue Aug 13, 2019 2:03 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 15009

Re: [Vanguard price glitches, incorrect market info for August 12, 2019]

I check market close prices each day (get an email from Vanguard around 5:15) for just the indices. Vanguard can be set to email you end of day prices? Maybe not available to peons like myself :-) Actually to anyone. I'd log in and explain how to do it, but can't log in right now or I'll make thing...
by 3-20Characters
Tue Aug 13, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 10016

Re: Apple Card

Well, done. That was the easiest cc application I’ve ever done. 30 seconds to lift transunion freeze and another 30 seconds to get card from iPhone.
by 3-20Characters
Tue Aug 13, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 10016

Re: Apple Card

The Applecard appears to be a normal card with subprime rewards for those with subprime credit; all wrapped up in a pretty white titanium wrapper. Given that they are giving this card to just about anyone, I think it will end up being a very visible badge for people with weak credit. How are people...
by 3-20Characters
Tue Aug 13, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 10016

Re: Apple Card

It's a good card, not amazing, but good. It's NOT AIMED AT BOGLEHEADS OR CHURNERS who want to milk every benefit out of every card or pay off your balance each month. The differentiating factors -security and privacy: many people on this board don't seem to care, but I do -2% cash back is good: the...
by 3-20Characters
Tue Aug 13, 2019 5:26 am
Forum: Personal Investments
Topic: Can having wealthy parents be a justification for a more aggressive investment strategy?
Replies: 96
Views: 6814

Re: Can having wealthy parents be a justification for a more aggressive investment strategy?

The question to ask here is how is this is even something to think about (I.e, relevant)? At roughly age 30, vanguard suggests a TD fund that is that 90% equities. I don’t think inheritance is going to be a factor to someone who is 90% equities to push them to a 100%. That’s more a personality facto...
by 3-20Characters
Tue Aug 13, 2019 2:56 am
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 15009

Re: [Vanguard price glitches, incorrect market info for August 12, 2019]

I will no longer trust bogleheads’ advice. They tell me to not look at my accounts too often. They tell me not to time the market. Had I looked at my accounts yesterday :shock: I would have had the market timing opportunity of a lifetime! :idea: :oops:

:D
by 3-20Characters
Mon Aug 12, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 5815

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

Not having at least one credit card is like cutting off your nose to spite your face. - you’ll never use a hotel? - never rent a car? - don’t like free 30 day loans? - don’t like getting cash back on purchases? - don’t like free warranties and other perks like roadside assistance? - don’t like havin...
by 3-20Characters
Sun Aug 11, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24174

Re: Social Security -- Take it at 62, 67 or 70

I think it is an immense overreaction to base your decision on what age to start SS benefits on a doomsday scenario. This gets back to people' not being able to bear the thought that the government "won". I think it's an immense overreaction to categorize the possibility of "means-testing" in the f...
by 3-20Characters
Sun Aug 11, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24174

Re: Social Security -- Take it at 62, 67 or 70

I think it is an immense overreaction to base your decision on what age to start SS benefits on a doomsday scenario. This gets back to people' not being able to bear the thought that the government "won". I think it's an immense overreaction to categorize the possibility of "means-testing" in the f...
by 3-20Characters
Sun Aug 11, 2019 2:34 pm
Forum: Personal Investments
Topic: Laid Off - Need Advice
Replies: 48
Views: 3570

Re: Laid Off - Need Advice

OP, the truth is somewhere between people telling you to go back to work immediately and retire outright. You will have to decide for yourself. After a job well done working and saving, it’s definitely fine to take a sabbatical as long as you don’t completely lose traction in your career—just in cas...
by 3-20Characters
Sun Aug 11, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24174

Re: Social Security -- Take it at 62, 67 or 70

Has anyone used one of the genetic testing outfits to get an idea of life expectancy & use to determine the best age to claim? I think this would have the biggest effect if the tests are accurate. Packer While no one can predict their longevity—and heredity certainly plays a role—there are ways to ...
by 3-20Characters
Sat Aug 10, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24174

Re: Social Security -- Take it at 62, 67 or 70

Barkingsparrow wrote:
Sat Aug 10, 2019 5:34 pm
Thanks #Cruncher. I loaded your formulas and got the same result - age 84.
Ditto! Thanks for the dummy version of this math! :beer
by 3-20Characters
Sat Aug 10, 2019 5:42 pm
Forum: Personal Investments
Topic: Laid Off - Need Advice
Replies: 48
Views: 3570

Re: Laid Off - Need Advice

Do nothing with your assets for now. Do not hire any advisor. You will get get trapped into a relationship that will be hard to unravel and extricate yourself from. You will lose lots of money in fees. You will make headaches for yourself. There is no reason for “sleeves,” stocks, or anything else. ...
by 3-20Characters
Sat Aug 10, 2019 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24174

Re: Social Security -- Take it at 62, 67 or 70

The future reduction to social security is established law - only the precise date and amount is subject to speculation, and even then only within a relatively small range of reasonable possibilities. It's correct that further reductions or changes in tax law are speculative. That's true. And if yo...
by 3-20Characters
Fri Aug 09, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24174

Re: Social Security -- Take it at 62, 67 or 70

The comments about any reduction to SS and how they might be handled are purely speculative. Why not speculate that to make up the shortfall, taxes on income (RMDs) will increase, or RMDs are increased, or both? Or, perhaps speculate that Roth conversions will be disallowed? Disallowed? Do you mean...
by 3-20Characters
Fri Aug 09, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24174

Re: Social Security -- Take it at 62, 67 or 70

The comments about any reduction to SS and how they might be handled are purely speculative. Why not speculate that to make up the shortfall, taxes on income (RMDs) will increase, or RMDs are increased, or both? This will leave early claimants (who now have larger retirement savings as a result) in ...
by 3-20Characters
Fri Aug 09, 2019 6:06 pm
Forum: Personal Consumer Issues
Topic: When it rains, it pours.. Job advice
Replies: 6
Views: 840

Re: When it rains, it pours.. Job advice

Take the interview and decide based on best fit for you. Write a hand-written thank you card to your friend’s aunt either way . If you choose A just tell her you got the offer before her company called and it was too good to pass up (timing and all). She will understand. Make connections with her an...
by 3-20Characters
Thu Aug 08, 2019 1:01 pm
Forum: Personal Investments
Topic: Fido solo 401k — can I open acct. and fund later?
Replies: 5
Views: 261

Re: Fido solo 401k — can I open acct. and fund later?

Spirit Rider wrote:
Thu Aug 08, 2019 1:00 pm
The account is simply providing a means to initially fund the account if you so choose. It is not a requirement.
Thank you! :beer
by 3-20Characters
Thu Aug 08, 2019 9:44 am
Forum: Personal Investments
Topic: Fido solo 401k — can I open acct. and fund later?
Replies: 5
Views: 261

Re: Fido solo 401k — can I open acct. and fund later?

Thanks to both. I appreciate the feedback. For the record, I will call Fido because I’m not sure I made my OP clear and it’s easier to just check with them. Just for clarity in case anyone else cares to chime in, let me see if I can phrase my question better. This is a Fido question, not an IRS/comp...
by 3-20Characters
Thu Aug 08, 2019 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24174

Re: Social Security -- Take it at 62, 67 or 70

For the lower earning spouse, doesn't it always make sense to take it at 62 (or Jan 1 of the following year), then getting spousal benefits when those kick in? That's what my analysis showed. Could be. I haven’t looked into that for myself because my wife and I are similar ages and have similar wor...