Search found 120 matches

by BGeste
Sun Jul 05, 2020 4:16 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 734
Views: 39056

Re: What are you listening to now

I have been listening to several albums by Opeth. In particular Heritage, Pale Communion, Sorceress, and Ghost Reveries.

If you like bands like Deep Purple, RAinbow, LEd Zeppelin, Rush, and Iron Maiden you will love Opeth.
by BGeste
Thu Jul 02, 2020 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 98
Views: 6856

Re: Question - Reloc to TX

Did you read my previous post? There is this fallacy that renters don't pay property taxes. They actually pay higher property taxes than homeowners. This is in fact not my personal experience. I sold my house (with very high property taxes) and I am now renting a similar home. My rental payment per...
by BGeste
Thu Jul 02, 2020 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 98
Views: 6856

Re: Question - Reloc to TX

Did you read my previous post? There is this fallacy that renters don't pay property taxes. They actually pay higher property taxes than homeowners. This is in fact not my personal experience. I sold my house (with very high property taxes) and I am now renting a similar home. My rental payment per...
by BGeste
Thu Jul 02, 2020 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 98
Views: 6856

Re: Question - Reloc to TX

BGeste wrote:
Wed Jul 01, 2020 8:48 pm
Texas is a great state but the property taxes are terribly onerous. If you buy you will regret it. Rent!
by BGeste
Wed Jul 01, 2020 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 98
Views: 6856

Re: Question - Reloc to TX

Texas is a great state but the property taxes are terribly onerous. If you buy you will regret it. Rent!
by BGeste
Wed Jul 01, 2020 11:31 am
Forum: Personal Investments
Topic: Critique my dividend retirement portfolio
Replies: 22
Views: 1093

Re: Critique my dividend retirement portfolio

The capital gains offset by losses that have been harvested makes sense, if the OP has losses to harvest.

That said, if the OP is receiving more dividends $$ than he needs, he can benefit from using those dollars to buy more shares.
by BGeste
Wed Jul 01, 2020 11:22 am
Forum: Personal Investments
Topic: Critique my dividend retirement portfolio
Replies: 22
Views: 1093

Re: Critique my dividend retirement portfolio

It looks like a tax nightmare to me. I could not stand to have to get that income and pay taxes on it. Instead, I use total return investing and sell shares. Since that gives me tax-free return-of-capital PLUS taxable dividends I have the same amount of money to spend as you do, but I don't have th...
by BGeste
Sat Jun 27, 2020 2:28 am
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 159
Views: 9493

Re: Which College degrees are worthwhile?

Accounting, Finance, BBA
by BGeste
Fri Jun 26, 2020 8:09 pm
Forum: Personal Investments
Topic: What On Earth To Do With Cash in Taxable Needed in 1-3 Years
Replies: 25
Views: 2798

Re: What On Earth To Do With Cash in Taxable Needed in 1-3 Years

I think I've posted something similar before, and I apologize if this is being asked a lot. But if you have a large amount of cash in a taxable account, which you'll need between 1 and 3 years from now, how do you find a decent interest rate for it?! It was all in VUSXX, but now that pays 0.1%.. Sa...
by BGeste
Wed Jun 17, 2020 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance rates increasing
Replies: 13
Views: 1038

Re: Insurance rates increasing

I switched all my policies (car, home, umbrella) from USAA to Geico last year and saved more than 50%. I have been very happy with Geico. Great service and prices. In fact, I found Geico to have much better service than USAA. My car policy just renewed with Geico and my rates actually decreased!! Th...
by BGeste
Fri Jun 12, 2020 9:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard alters some inv grade bond fund restrictions
Replies: 49
Views: 2410

Re: Vanguard alters some inv grade bond fund restrictions

stan1 wrote:
Fri Jun 12, 2020 9:27 am
Or they are planning to finally merge these long-lived active funds into the index counterparts.
Let's hope this is not the case. I have long held the Short Term and Intermediate Term Investment grade funds and have been very pleased with them.
by BGeste
Fri Jun 12, 2020 9:30 am
Forum: Investing - Theory, News & General
Topic: Frequency of Withdrawals in Retirement
Replies: 50
Views: 4011

Re: Frequency of Withdrawals in Retirement

I withdraw once a month from my settlement account to cover all bills for that month.

All distributions (dividends, capital gains, interest) from my investment funds go to my settlement account to ensure it is replenished.
by BGeste
Tue Jun 09, 2020 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Lemonade Insurance & IPO
Replies: 30
Views: 1830

Re: Lemonade Insurance & IPO

Poor business model and misguided non profit like mission.

The claims costs have already clearly emerged as a problem. Hard to see a path to consistent profitability.

Likely to be a very poor investment.
by BGeste
Tue Jun 09, 2020 11:41 am
Forum: Investing - Theory, News & General
Topic: How does TLH harvesting help?
Replies: 22
Views: 1105

Re: How does TLH harvesting help?

"One of the "perks" that most people don't talk about is that it gives you an opportunity to recognize capital gain in the future without having to pay any LTCG taxes."


:sharebeer
by BGeste
Sat May 30, 2020 8:44 pm
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 102
Views: 10263

Re: Single Favorite Mutual Fund

Bogleheads: This topic was started seven years ago. My answer is still the same: My "Single Favorite Mutual Fund" is Vanguard Total Stock Market Index Fund (VTSAX). Thank you, Mr. Bogle! Best wishes Taylor Jack Bogle's Words of Wisdom: "The winning formula for success in investing is owning the ent...
by BGeste
Sat May 30, 2020 11:31 am
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 102
Views: 10263

Re: Single Favorite Mutual Fund

A few favorites.

Vanguard TR 2045. A simple yet sophisticated way to have a complete portfolio in one fund. My biggest IRA holding.

Vanguard VYM. ETF with a high dividend / value tilt.

Vanguard Health Care ETF. Tremendous sector performer.
by BGeste
Fri May 29, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 194
Views: 19107

Re: Vanguard High Dividend Yield Index Fund

instead of the Schwab option go with VYM, VYMI, spyd, idv, and exg.
by BGeste
Tue May 26, 2020 7:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 194
Views: 19107

Re: Vanguard High Dividend Yield Index Fund

frequently when one invests for dividends/income they don't care about relative performance, they're concerned with positive cash flow So they're basically kindergarten investors. I would disagree with that opinion.The vast majority of people who invest with a dividend focus care about cash flow an...
by BGeste
Wed May 20, 2020 9:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 194
Views: 19107

Re: Vanguard High Dividend Yield Index Fund

I have held the ETF version of this fund (VYM) for years. Pleased with it. Solid income producer that should outperform on a total return basis when value / dividend stocks outperform growth. What percentage do you hold? VYM represents about 3% of my taxable portfolio. My taxable portfolio is made ...
by BGeste
Tue May 19, 2020 10:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 194
Views: 19107

Re: Vanguard High Dividend Yield Index Fund

I have held the ETF version of this fund (VYM) for years. Pleased with it. Solid income producer that should outperform on a total return basis when value / dividend stocks outperform growth.
by BGeste
Tue May 19, 2020 9:51 am
Forum: Personal Investments
Topic: How John Bogle turned Wellington around
Replies: 2
Views: 577

Re: How John Bogle turned Wellington around

Jeremy Siegel makes a similar comparison between IBM (growth) and Standard Oil of NJ - Now ExxonMobil (value) in his book "Stocks For The Long Run". Standard Oil was the better buy during the 1950 - 2012 period. The reason - valuation. The price you pay for the earnings and dividends you receive. P...
by BGeste
Mon May 18, 2020 10:20 am
Forum: Personal Investments
Topic: How John Bogle turned Wellington around
Replies: 2
Views: 577

How John Bogle turned Wellington around

John Bogle, the patron saint of this site, writes in his book "Stay the Course" how he turned around the Wellington Fund in the late 1970s by making the focus of the fund high paying dividend stocks and corporate bonds to increase income significantly without sacrificing total return. His proposal t...
by BGeste
Sun May 17, 2020 8:40 pm
Forum: Personal Investments
Topic: Vanguard PrimeCap Core
Replies: 12
Views: 1492

Re: Vanguard PrimeCap Core

I hold Primecap along with other Vanguard active funds. My core portfolio is in index funds but will continue to hold some of the active funds with great long term records of out performance.
by BGeste
Sun May 17, 2020 8:27 pm
Forum: Investing - Theory, News & General
Topic: Value tilted S&P 500 fund for dividend?
Replies: 61
Views: 5198

Re: Value tilted S&P 500 fund for dividend?

Lots of tiresome anti dividend responses on this site. John Bogle, the patron saint of this site, writes in his book "Stay the Course" how he turned around the Wellington Fund in the late 1970s by making the focus of the fund high paying dividend stocks and corporate bonds to increase income signifi...
by BGeste
Sun May 17, 2020 8:11 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2910

Re: Dividend vs Total Return question

Lots of tiresome anti dividend responses on this site. John Bogle, the patron saint of this site, writes in his book "Stay the Course" how he turned around the Wellington Fund in the late 1970s by making the focus of the fund high paying dividend stocks and corporate bonds to increase income signifi...
by BGeste
Wed May 13, 2020 8:48 pm
Forum: Personal Investments
Topic: [Have target date funds - How to withdrawal in retirement?]
Replies: 12
Views: 879

Re: [Have target date funds - How to withdrawal in retirement?]

For the slightly extra expense the Target Fund gives you expert rebalancing and gradual portfolio mix shifts. May be worth it if you do not want to do it yourself.
by BGeste
Wed May 13, 2020 8:36 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 734
Views: 39056

Re: What are you listening to now

Deep Purple In Rock
Led Zeppelin 2
Rainbow Long Live Rock & Roll
by BGeste
Wed May 13, 2020 11:23 am
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3385

Re: nice 20% insurance premium increase

I also switched to Geico (from USAA) and saved more than 50% on my auto/home/umbrella bundle. Service from Geico has been excellent. I did not realize that I could get the Berkshire Hathway discount by just holding an index fund. I called Geico and they quickly and efficiently applied the additiona...
by BGeste
Wed May 13, 2020 10:28 am
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3385

Re: nice 20% insurance premium increase

I also switched to Geico (from USAA) and saved more than 50% on my auto/home/umbrella bundle. Service from Geico has been excellent. I did not realize that I could get the Berkshire Hathway discount by just holding an index fund. I called Geico and they quickly and efficiently applied the additional...
by BGeste
Wed May 13, 2020 10:25 am
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3385

Re: nice 20% insurance premium increase

$3700 for auto Are you insuring Ferraris? Or do you have a bunch of 16 year old new drivers with an accident history on the policy? Just shocked at that number. We pay $600/year/car. And thats for the max 250/500 liability and full collision/comprehensive on 2014/2017 model year vehicles. I wish --...
by BGeste
Tue May 05, 2020 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance Carriers
Replies: 6
Views: 692

Re: Umbrella Insurance Carriers

mervinj7 wrote:
Tue May 05, 2020 10:39 am
VillageVanguard wrote:
Tue May 05, 2020 10:37 am
Hello,

Does anyone know of any good Umbrella Insurance Carriers?
Who holds your car and home insurance? I used GEICO for umbrella since they have a steep discount for auto at the same time.
My experience as well. Call Geico.
by BGeste
Tue May 05, 2020 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Amica vs USAA Insurance
Replies: 27
Views: 1670

Re: Amica vs USAA Insurance

I just switched from USAA to Progressive because of rates. Add in that USAA handled my home owners claim, very poorly, for hurricane damage I am glad to be rid of them. +1 I saved over 50% switching from USAA to Geico for my car, home, and umbrella policies. USAA is very overpriced and their servic...
by BGeste
Thu Apr 16, 2020 11:36 am
Forum: Personal Investments
Topic: Does VYM & VYMI remove Companies that cut Dividends?
Replies: 11
Views: 548

Re: Does VYM & VYMI remove Companies that cut Dividends?

This would seem to indicate both funds should be able to maintain consistently high payouts regardless of what individual companies do regarding their dividends.
by BGeste
Wed Apr 15, 2020 12:30 pm
Forum: Personal Investments
Topic: Does VYM & VYMI remove Companies that cut Dividends?
Replies: 11
Views: 548

Re: Does VYM & VYMI remove Companies that cut Dividends?

This would seem to mean that both these ETFs should be able to maintain dividend payouts close to their stated yields. Where are you getting that? I am getting exactly the opposite reaction. The paper, attached by MotoTrojan, indicates that companies that no longer pay dividends are removed from th...
by BGeste
Wed Apr 15, 2020 12:22 pm
Forum: Personal Investments
Topic: Does VYM & VYMI remove Companies that cut Dividends?
Replies: 11
Views: 548

Re: Does VYM & VYMI remove Companies that cut Dividends?

Sounds like they review in March and September and if a company has a 12-month projected dividend yield of 0 then it will be cut. If there is a projection of reduced dividends it wouldn't be cut, but would be reweighted. https://research.ftserussell.com/products/downloads/FTSE_All-World_High_Divide...
by BGeste
Wed Apr 15, 2020 12:04 pm
Forum: Personal Investments
Topic: Does VYM & VYMI remove Companies that cut Dividends?
Replies: 11
Views: 548

Does VYM & VYMI remove Companies that cut Dividends?

Does VYM (Vanguard High Dividend Yield ETF) & VYMI (Vanguard International High Dividend Yield ETF) remove Companies from their holdings that cut or reduce Dividends? If not, how do they consider companies, that have reduced or no longer pay dividends, to be qualified for their "high dividend" index?
by BGeste
Wed Apr 15, 2020 9:58 am
Forum: Personal Consumer Issues
Topic: Please share some lifestyle creep you regret.
Replies: 226
Views: 27438

Re: Please share some lifestyle creep you regret.

flyingaway wrote:
Tue Jan 29, 2019 11:20 pm
A large house with 6 bedrooms. I never liked it, but my wife likes it.
+ 1
by BGeste
Sat Apr 11, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Boca Rotan, FL city to work and retire !!!
Replies: 30
Views: 3144

Re: Boca Rotan, FL city to work and retire !!!

How does Boca compare to Sarasota for an early retiree?
by BGeste
Thu Apr 09, 2020 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6885

Re: USAA to Return $520 Million to Members

arcticpineapplecorp. wrote:
Thu Apr 09, 2020 3:35 pm
yeah, got an email from Geico yesterday. they're returning 15% of premiums on auto and motorcycle on next bill (between 4/8/20 and 10/7/20).
Geico is offering the discount on a full six months. Much better than the 2 months offered by other companies.
by BGeste
Thu Apr 09, 2020 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6885

Re: USAA to Return $520 Million to Members

arcticpineapplecorp. wrote:
Thu Apr 09, 2020 3:35 pm
yeah, got an email from Geico yesterday. they're returning 15% of premiums on auto and motorcycle on next bill (between 4/8/20 and 10/7/20).
Geico is offering the discount on a full six months. Much better than the 2 months offered by other companies.
by BGeste
Wed Apr 08, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: FT Lauderdale vs San Antonio - For Retirement
Replies: 14
Views: 1504

Re: FT Lauderdale vs San Antonio - For Retirement

FT. Lauderdale, FL. vs. San Antonio, TX being considered as long term retirement locations. Please share thoughts, recommendations, pros and cons, etc. Financial and other considerations. Thank you. How did you come up with these specific locations? What criteria did you use to select them? No stat...
by BGeste
Wed Apr 08, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6885

Re: GEICO 15% credit for auto/motorcycle renewal

Geico's six month reduction is much better than the other companies offering 2 month reductions. Glad to be a Geico policyholder. :happy
by BGeste
Wed Apr 08, 2020 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: FT Lauderdale vs San Antonio - For Retirement
Replies: 14
Views: 1504

FT Lauderdale vs San Antonio - For Retirement

FT. Lauderdale, FL. vs. San Antonio, TX being considered as long term retirement locations.

Please share thoughts, recommendations, pros and cons, etc. Financial and other considerations.

Thank you.
by BGeste
Wed Apr 08, 2020 11:52 am
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6885

Re: Allstate offers 15% [car insurance] rebate for reduced driving

GEICO is doing the same for policy renewals between April and October. GEICO is doing it for the full six months worth of premiums too What Geico is doing is much better for consumers than what Allstate and American Family are proposing. Where are the other companies? USAA, State Farm, Nationwide, ...
by BGeste
Wed Apr 08, 2020 10:56 am
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6885

Re: Allstate offers 15% [car insurance] rebate for reduced driving

GEICO is doing the same for policy renewals between April and October. GEICO is doing it for the full six months worth of premiums too What Geico is doing is much better for consumers than what Allstate and American Family are proposing. Where are the other companies? USAA, State Farm, Nationwide, ...
by BGeste
Wed Apr 08, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Boca Rotan, FL city to work and retire !!!
Replies: 30
Views: 3144

Re: Boca Rotan, FL city to work and retire !!!

You asked about the weather. Summers are hot, typically mid to high 90s and some rain is common almost every day. It took a bit but I've gotten used to it. Winters are dry, and the weather is what the chambers of commerce bank on. Typically 70s and 80s for a high. Hurricanes South Florida has a hab...
by BGeste
Wed Apr 08, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Boca Rotan, FL city to work and retire !!!
Replies: 30
Views: 3144

Re: Boca Rotan, FL city to work and retire !!!

You did say pros and cons :D so let me be the con here. I lived in that area for 30 years and left in very early '07. Our leaving was a combination of several factors, the largest being the prevalence of storms and the increases in the cost of homeowner's insurance. We are gardeners- I had my entir...
by BGeste
Mon Mar 30, 2020 8:51 pm
Forum: Investing - Theory, News & General
Topic: Investments you wouldn't touch with a 10 foot pole
Replies: 110
Views: 9245

Re: Investments you wouldn't touch with a 10 foot pole

Annuities. Especially variable. Costs are absurd.
by BGeste
Mon Mar 30, 2020 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Those with USAA [who moved to Vanguard]
Replies: 29
Views: 2917

Re: Those with USAA [who moved to Vanguard]

I have encouraged friends to look at options aside from USAA for insurance and other products because USAA is just too expensive and provides mediocre to poor service. I learned this by shopping. This week several associates informed me that with stay at home guidelines they had time to shop their U...
by BGeste
Thu Mar 19, 2020 8:11 am
Forum: Investing - Theory, News & General
Topic: For 50-55 Year olds/ What Are you thinking?
Replies: 46
Views: 4695

Re: For 50-55 Year olds/ What Are you thinking?

Age 52. Laid off last year and retired. Staying the course. Will try to live on distributions from my portfolio and scale back if distributions are reduced.