Search found 47 matches

by colodane
Sun Jan 19, 2020 10:53 pm
Forum: Personal Investments
Topic: Scared Stiff to retire
Replies: 73
Views: 8632

Re: Scared Stiff to retire

Forgive me, OP, if I missed this in my admittedly quick scan of your postings. It seems to me that since you are "scared" about retirement, to ask about your present job. How do you like it? Is it secure for a few more years? Any chances for advancement or new challenges? If you did retire, do you h...
by colodane
Mon Jan 13, 2020 11:19 pm
Forum: Personal Investments
Topic: Investing advice
Replies: 10
Views: 899

Re: Investing advice

$10,000 in ongoing yearly car expense jumps out at me as something that could at least partially be redirected to investment.
by colodane
Mon Jan 13, 2020 11:07 pm
Forum: Personal Investments
Topic: Best Vanguard (or Non-Vanguard) Tax-Exempt Bond Funds
Replies: 14
Views: 1470

Re: Best Vanguard (or Non-Vanguard) Tax-Exempt Bond Funds

Vanguard Intermediate Tax Exempt and VG Ltd Term Tax Exempt fund are what I use. I also use these above two funds. I also have a smaller amount of High Yield Tax Exempt (VWALX). The holdings in HYTE are far from junk and it provides good returns (around 2.3% SEC Yield last I looked) at a reasonable...
by colodane
Sun Jan 05, 2020 8:24 pm
Forum: Personal Investments
Topic: Birthday Money
Replies: 56
Views: 3919

Re: Birthday Money

I won't give you any investment advice over and above what you have already received from other members here. My only suggestion is to actively involve your children in what you are doing. Doesn't matter if it is a regular investment account or 529 plan(s). Treat it as teachable moments. Show them t...
by colodane
Wed Jan 01, 2020 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Drops Agreement Not to Compete With TurboTax
Replies: 82
Views: 9445

Re: IRS Drops Agreement Not to Compete With TurboTax

This should be very good news in the long run. Over the years, I've twice tried using TurboTax to do my returns. Both times were a struggle and ended up doing a regular "manual" return just to check the TurboTax results. So not really a time-saver for me and always had at least one nagging uncertain...
by colodane
Wed Jan 01, 2020 5:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard & Investment Account Statements
Replies: 22
Views: 1115

Re: Vanguard & Investment Account Statements

I no doubt save more than I need to. I save the transaction confirmations in printed form whenever I buy or exchange funds. Keep them for about 2 years, but certainly until the relevant tax returns are prepared. I print out the Vanguard monthly statement at the end of each quarter and save it for a ...
by colodane
Fri Dec 20, 2019 5:17 pm
Forum: Investing - Theory, News & General
Topic: BUY! BUY!! BUY!!! So, is anybody hedging?
Replies: 66
Views: 5518

Re: BUY! BUY!! BUY!!! So, is anybody hedging?

The equity funds are indeed starting to look quite "frothy". So I, for one, took some $$ out of them today in my IRA account and moved it to bonds. Will do the same in my taxable account after the first of the year (have enough taxes to pay this year). Between these two actions, I'll be close to my ...
by colodane
Sun Dec 15, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Website not Working Right
Replies: 54
Views: 3919

Re: Vanguard Website not Working Right

I have this problem also. Started this morning when I went to check the latest yields on some bond funds. I can log into my account just fine, but Vanguard will not allow me to see the general info page of any of their funds. Logging in to my account or not logging in makes no difference. Strange th...
by colodane
Fri Dec 13, 2019 5:08 pm
Forum: Personal Investments
Topic: Windfall advice
Replies: 10
Views: 1323

Re: Windfall advice

Welcome! IMO paying off the mortgages, funding a 529 plan for each child (perhaps $50k each), paying cash for a new vehicle and taking a vacation are all reasonable. Take your time deciding how to invest the remaining ~$1.2 million. A 3-fund portfolio of low-cost diversified funds is a good way to ...
by colodane
Thu Dec 12, 2019 5:04 pm
Forum: Investing - Theory, News & General
Topic: Different closing prices from Yahoo and Market Watach
Replies: 4
Views: 320

Re: Different closing prices from Yahoo and Market Watach

Haven't tried them all, but pretty happy with MarketWatch.

Strangely, the worst so far is the daily performance email from Vanguard! They often (maybe every 2 or 3 months) put in the previous day's data. Pretty easy to catch the errors, but still provides for a brief "What the ____" response.
by colodane
Wed Dec 11, 2019 6:10 pm
Forum: Personal Investments
Topic: Following Divorce: where to park/invest $120k with idea of town home purchase in next 1-3 years?
Replies: 16
Views: 1526

Re: Following Divorce: where to park/invest $120k with idea of town home purchase in next 1-3 years?

"I am going to set aside about $25k to invest over the next 15 years or so." I assume this is just stated in a vague way because it isn't the main topic of your original post, and not because you have a vague plan for the college expense saving. In "15 years or so", your daughter will be entering co...
by colodane
Wed Dec 04, 2019 6:07 pm
Forum: Personal Investments
Topic: Bonds in taxable accounts?
Replies: 25
Views: 2556

Re: Bonds in taxable accounts?

It depends on where you are in life and on your preferred asset allocation. All things being equal, a tax-deferred account is ideal for bond funds. But as you get on in years, two things happen. You want a larger percentage in bonds. After many years of RMDs, your tax-deferred account starts to shri...
by colodane
Fri Nov 29, 2019 3:52 pm
Forum: Investing - Theory, News & General
Topic: How much does Vanguard Prime Money Market Fund return?
Replies: 15
Views: 1432

Re: How much does Vanguard Prime Money Market Fund return?

I agree with the others above. Vanguard's Prime MM is a fine choice and will earn more than you are getting at the bank. Since you have $60K to invest, you might also want to consider the Vanguard Treasury Money Market - VUSXX. It has a $50K minimum initial investment. It will pay a few basis points...
by colodane
Sun Nov 10, 2019 9:27 pm
Forum: Personal Investments
Topic: Money Market Fund in IRA for RMD
Replies: 17
Views: 1152

Re: Money Market Fund in IRA for RMD

Yes, you can certainly use a MM fund in your IRA account for purposes of RMD withdrawal. That is exactly what I've been doing for several years now. I like it due to its simplicity, since I have Vanguard automatically calculate and transfer my RMD on 1 April each year. It goes from a MM in my IRA ac...
by colodane
Fri Nov 08, 2019 5:54 pm
Forum: Personal Investments
Topic: Fidelity vs Vanguard
Replies: 54
Views: 7922

Re: Fidelity vs Vanguard

I've been a Vanguard investor for several decades now, and have 97% of my assets with them. The remaining 3% are with a local bank for quick access, checking account, etc. I have been extremely pleased with Vanguard over the years and have come to know and accept their somewhat poorly-documented web...
by colodane
Mon Nov 04, 2019 11:44 pm
Forum: Personal Investments
Topic: [Why is VMMXX (Prime Money Market) ER so high?]
Replies: 27
Views: 3612

Re: [Why is VMMXX (Prime Money Market) ER so high?]

Thanks, OP, for asking the question. And thanks to others for all the good answers. Something I hadn't thought about before, and quite instructive.
by colodane
Wed Oct 30, 2019 6:33 pm
Forum: Personal Investments
Topic: Purchase Fee on Vanguard Bond Fund
Replies: 11
Views: 1303

Re: Purchase Fee on Vanguard Bond Fund

I'm looking to add a dedicated corporate bond fund to my taxable account. The obvious one that jumps out is VICSX Intermediate Term Corporate Admiral. Of course I'd rather have it in my IRA account, but not possible to put new $$ there since I'm retired. You don't have to put new money into your IR...
by colodane
Mon Oct 28, 2019 12:38 pm
Forum: Personal Investments
Topic: Purchase Fee on Vanguard Bond Fund
Replies: 11
Views: 1303

Re: Purchase Fee on Vanguard Bond Fund

Thanks for your reply and suggestion of VCIT. Interesting, I hadn't even thought of an ETF. I presently have only mutual funds. I do have a brokerage account in my taxable Vanguard accounts, but it is completely empty. I got rid of all my individual stocks many years ago. I don't even know how to ap...
by colodane
Mon Oct 28, 2019 10:56 am
Forum: Personal Investments
Topic: Purchase Fee on Vanguard Bond Fund
Replies: 11
Views: 1303

Purchase Fee on Vanguard Bond Fund

I'm looking to add a dedicated corporate bond fund to my taxable account. The obvious one that jumps out is VICSX Intermediate Term Corporate Admiral. Of course I'd rather have it in my IRA account, but not possible to put new $$ there since I'm retired. This fund has a 0.25% purchase fee. I've been...
by colodane
Fri Oct 04, 2019 4:45 pm
Forum: Personal Investments
Topic: Considering switch from Vanguard to eTrade...pros, cons and other input?
Replies: 59
Views: 5135

Re: Considering switch from Vanguard to eTrade...pros, cons and other input?

10 or 20 years ago, eTrade was a viable option for active traders in individual stocks. I was there and did that and got the Tee Shirt. As I've aged (matured?), I no longer hold individual stocks and seldom change my holdings. Any changes to my portfolio I make now are cost-free at Vanguard. Take th...
by colodane
Mon Sep 23, 2019 5:00 pm
Forum: Personal Investments
Topic: Investing half of net worth, is market too high?
Replies: 25
Views: 5339

Re: Investing half of net worth, is market too high?

First of all, CONGRATULATIONS ! on your new investment $$ and on your new more satisfying second careers. I won't get into great detail, but here are my initial overall thoughts: Putting it into the 2% savings was a good initial step, and relieves you from the pressure of making any sudden decisions...
by colodane
Sat Sep 21, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the difference between leasing and buying?
Replies: 15
Views: 1662

Re: What’s the difference between leasing and buying?

Yes, OP, please give us more detail! One aspect that hasn't been touched on here is the responsibility of owning vs. leasing. For example, at age 76, we recently began leasing the condo where we live. Aside from all the financial considerations, the ownership responsibilities were what convinced us....
by colodane
Wed Sep 18, 2019 9:39 pm
Forum: Personal Investments
Topic: [Convince Me that Wellesley is the only fund I need in retirement]
Replies: 23
Views: 2612

Re: [Convince Me that Wellesley is the only fund I need in retirement]

Wellesley has been a big part of my portfolio for a couple of decades and has been a solid performer. I like it. That said, I don't consider it to be a "one fund" retirement plan. Only have it in my IRA account since it isn't too tax friendly. With its fixed asset allocation it may not match with ev...
by colodane
Sat Sep 14, 2019 2:59 pm
Forum: Personal Investments
Topic: Money market in taxable account?
Replies: 10
Views: 1325

Re: Money market in taxable account?

I think you will find that, on an after-tax basis, the Treasury, Federal, and Prime MM are all within a few basis points of each other. They will move around some month-to-month, but not enough to make any practical difference. For Colorado, where I live, the after tax yields are: Federal 1.56 % Pri...
by colodane
Fri Aug 16, 2019 3:34 pm
Forum: Investing - Theory, News & General
Topic: Any retired person have stocks and cash I was thinking about a 70/30
Replies: 61
Views: 5101

Re: Any retired person have stocks and cash I was thinking about a 70/30

Forgive me if I missed it somewhere in the above posts, but how old are you? A 55 year old retired person most likely has a different outlook than a 95 year old retired person. Assuming that most of us are between these extremes, our thinking will still vary. As one data point, I am 76 and currently...
by colodane
Wed Aug 14, 2019 4:07 pm
Forum: Investing - Theory, News & General
Topic: Rent and invest the difference?
Replies: 15
Views: 1032

Re: Rent and invest the difference?

The mortgage my wife and I have on our house ($800) is cheaper than anything remotely comparable. It would be crazy not to buy. Please don't advise people to base their decision only on the "mortgage" payment. Here are only a few of the other factors to consider: Property Tax Homeowner insurance pr...
by colodane
Wed Aug 07, 2019 4:38 pm
Forum: Personal Investments
Topic: Vanguard customer service
Replies: 44
Views: 2485

Re: Vanguard Customer Service Recently

I've been a Vanguard customer for over 30 years and have never had any major issue. But I also have only needed to talk to anyone there maybe 3 or 4 times - all several years ago. Always got satisfactory results, but do believe the recent reports of deteriorating customer service. But I have always ...
by colodane
Sun Aug 04, 2019 3:37 pm
Forum: Investing - Theory, News & General
Topic: When taking RMD, better when market "high" or "low"
Replies: 28
Views: 2523

Re: When taking RMD, better when market "high" or "low"

Depending upon how you have your RMD structured, this could be a meaningless question. In my case, my yearly RMD is set up to occur on 1 April each year, and it is simply a transfer from a MM fund in my Vanguard IRA account to a MM fund in my Vanguard taxable account. I always have enough in the IRA...
by colodane
Wed Jul 24, 2019 5:22 pm
Forum: Personal Investments
Topic: More aggressive portfolio with a pension?
Replies: 52
Views: 7622

Re: More aggressive portfolio with a pension?

This will be a very individual decision. I can see arguments either way. I'm fortunate enough to receive both a pension and SS which cover perhaps 90% of my income needs. But I also have fairly sizable investment accounts, both taxable and a SEP IRA. My choice was to treat the investment accounts fa...
by colodane
Tue Jul 23, 2019 5:08 pm
Forum: Investing - Theory, News & General
Topic: Retirement Spending Question
Replies: 9
Views: 1584

Re: Retirement Spending Question

Even if you can find good data for "average" expenditures in each category, I doubt that they would be useful for you. It will be very individualistic. The two categories you should focus on when doing your planning are Medical/Insurance expenses and housing. If you can get a comfortable handle on t...
by colodane
Mon Jul 01, 2019 4:30 pm
Forum: Personal Investments
Topic: Vanguard Money Market for Savings
Replies: 9
Views: 1541

Re: Vanguard Money Market for Savings

Yes, Vanguard MM funds, in my opinion, are excellent vehicles for savings. They do not have the FDIC insurance of banks, but most of us here do not feel that that is a significant risk. The default Federal money market will shelter about 70 to 80% of interest income from state taxes in most states. ...
by colodane
Mon May 27, 2019 3:39 pm
Forum: Investing - Theory, News & General
Topic: What kind of jobs do people who have SEP IRAs do?
Replies: 32
Views: 2732

Re: What kind of jobs do people who have SEP IRAs do?

In my case, I started my Vanguard SEP IRA when I began my consulting business in 1993. Ended the business about 5 years ago, but still have the SEP IRA. I also rolled my IBM 401K account into the SEP IRA soon after I retired from IBM. I found the SEP IRA to be easy and convenient, but can't speak kn...
by colodane
Mon May 06, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: High Yield Corp Fund
Replies: 20
Views: 2489

Re: High Yield Corp Fund

[/quote]
What percentage of your portfolio is in VWETX?
[/quote]

16%
by colodane
Mon Apr 29, 2019 5:07 pm
Forum: Personal Investments
Topic: Which Bond fund should I choose?
Replies: 24
Views: 1508

Re: Which Bond fund should I choose?

At age 25, I second the suggestion of Vanguard Total Bond Market Index. Then revisit at age 60.
by colodane
Sun Mar 03, 2019 6:04 pm
Forum: Personal Investments
Topic: Saving Once in Retirement
Replies: 32
Views: 3413

Re: Saving Once in Retirement

Yes, you can certainly save - and contribute to your portfolio - after you retire. Everyone will approach this differently, but here is what I do. I have both an SEP IRA account and a taxable account at Vanguard. My annual IRA RMD, which I take on 1 April, is a very simple once-a-year transfer from ...
by colodane
Fri Feb 22, 2019 5:53 pm
Forum: Personal Investments
Topic: Beware of the Edward Jones neighborly visit.
Replies: 89
Views: 9723

Re: Beware of the Edward Jones neighborly visit.

Brings back some not-too-fond memories. Just a few months ago I sold a house I used to live in. A very nice newish house in a quiet neighborhood. Didn't get many solicitors, just the occasional roofing/driveway/siding/solar scams. But very seldom a repeat visit from the same one. We had a small shop...
by colodane
Sun Feb 03, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care - Keep or cancel?
Replies: 11
Views: 1207

Re: Long Term Care - Keep or cancel?

Your policy seems to be well worth the premium. The rate of premium increases you are seeing is SUBSTANTIALLY lower than most LTC policies. You policy is not a "gold plated" one with cost-of-living benefit increases, etc, but if it were mine I would keep it. It could end up being a big help if you e...
by colodane
Fri Feb 01, 2019 5:43 pm
Forum: Personal Investments
Topic: Making a 3.8 million deposit
Replies: 96
Views: 11379

Re: Making a 3.8 million deposit

First of all, CONGRATULATIONS! on the sale of your business. I'm sure you worked very hard over the years and more than deserve this payout. Well done!! I will concur with several of the other posters. Probably not a great idea to tie up all the proceeds into some kind of 5 year CD commitment. My su...
by colodane
Wed Jan 09, 2019 8:08 pm
Forum: Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 11314

Re: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

You are getting lots of good advice - so much that you maybe even had time to read it all? First off, CONGRATULATIONS! You and you fiancee both seem to be responsible and self-sufficient. Good deal. But you will need to begin a more detailed financial dialog ASAP. Can't begin to predict the details,...
by colodane
Wed Jan 02, 2019 6:17 pm
Forum: Personal Investments
Topic: Portfolio Tracking Website
Replies: 2
Views: 276

Re: Portfolio Tracking Website

I've used the Vanguard Portfolio Watch and have found it to be easy and reliable. I also have my funds set up in MorningStar's Portfolio Tracking system. This seems to be more configurable and more options for different "views", etc. But it doesn't seem to report the SEC yields on Money Market funds...
by colodane
Wed Jan 02, 2019 4:46 pm
Forum: Investing - Theory, News & General
Topic: MorningStar's statement of Money Market Yields
Replies: 2
Views: 427

Re: MorningStar's statement of Money Market Yields

What I'm seeing is on the Morningstar Portfolio Tracker. Tried to paste a copy of it here, but guess I don't know how to do that. In their Portfolio Tracker, all my other Vanguard funds show up with the expected SEC Yields, but not the Money Market funds. Sorry I can't seem to post a screen shot of ...
by colodane
Tue Jan 01, 2019 5:07 pm
Forum: Investing - Theory, News & General
Topic: MorningStar's statement of Money Market Yields
Replies: 2
Views: 427

MorningStar's statement of Money Market Yields

I've been following Money Market yields lately and noticed that they show up as abnormally high on Morningstar. For example, the Vanguard Prime MM is shown as having a 5.14% Dividend Yield on Morningstar when it is actually currently 2.42% on the Vanguard website. Similarly, Morningstar shows 5.05% ...
by colodane
Tue Dec 11, 2018 6:24 pm
Forum: Personal Investments
Topic: In this case, should I be 100% stocks?
Replies: 63
Views: 7084

Re: In this case, should I be 100% stocks?

I won't offer any specific investment advice. Rather, I will offer some more generic advice. You say you "might" get a job. I wouldn't worry about how that affects your portfolio until after you have the job, know that you like it, they like you and you understand completely the retirement and inves...
by colodane
Tue Dec 04, 2018 5:48 pm
Forum: Personal Investments
Topic: TLH of Vanguard Limited Term Tax Exempt Bond fund
Replies: 5
Views: 465

Re: TLH of Vanguard Limited Term Tax Exempt Bond fund

Thanks, everyone, for the prompt and very relevant advice! Sounds like I have lots of freedom to do whatever I want without worries about any surprises.
by colodane
Tue Dec 04, 2018 4:35 pm
Forum: Personal Investments
Topic: TLH of Vanguard Limited Term Tax Exempt Bond fund
Replies: 5
Views: 465

TLH of Vanguard Limited Term Tax Exempt Bond fund

I'm thinking of TLH part of my Limited Term Tax Exempt (VMLUX). Could park it in a MM for now (will no doubt buy back in next month). But also thinking of buying some Intermediate Term Tax Exempt (VWIUX) in the near future. Is this something that would trigger a wash sale if I do it within a month o...
by colodane
Sat Nov 17, 2018 10:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Daily Market Alerts
Replies: 4
Views: 670

Re: Vanguard Daily Market Alerts

I don't use the info to directly trigger any action. I follow the markets daily but only adjust any of my Vanguard holdings perhaps 3 times a year. And I give any change many days worth of thought before acting. Nevertheless, considering all the other details that Vanguard routinely handles efficien...
by colodane
Sat Nov 17, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Daily Market Alerts
Replies: 4
Views: 670

Vanguard Daily Market Alerts

I've been a happy Vanguard investor for over 20 years and a member of this group for only a couple weeks. So far am enjoying it immensely - a terrific source of knowledge and information - Thanks Everyone. I subscribe to three of the daily market email alerts that Vanguard offers. The "Before the Be...