Search found 89 matches

by Tejfyy
Sat Oct 10, 2020 12:59 am
Forum: Personal Consumer Issues
Topic: How do YOU handle network security?
Replies: 105
Views: 6084

Re: How do YOU handle network security?

I handle it at the end user level. I turn off the wifi on my laptop when I'm not using it. My phone as well at night. I don't have any IoT (Internet of Things) things and I assume my network's firmware is updated by the ISP provider. It's all password protected.
by Tejfyy
Sat Oct 10, 2020 12:51 am
Forum: Personal Consumer Issues
Topic: Privacy: Internet Service Provider (Google Fiber?) + Router
Replies: 5
Views: 543

Re: Privacy: Internet Service Provider (Google Fiber?) + Router

I hear you about google, I avoid using their services.

I gave Tor a try. Woke up and smelled the coffee when I read that as soon as you login to any site (which I do often) your cover is blown. I won't pay for a VPN, not yet anyway. I somehow think it's useless anyway.
by Tejfyy
Sat Oct 10, 2020 12:38 am
Forum: Personal Finance (Not Investing)
Topic: US to Europe expat offer - a few tax questions
Replies: 27
Views: 1689

Re: US to Europe expat offer - a few tax questions

Fwiw, if your fiscal residence will be in Italy your worldwide assets and income are taxed. It's 0.2% on money in banks (savings, checking, etc) and retirement and brokerage accounts. That's on the balance. The rates vary for dividends, interest, real estate, passive income, etc.. I wouldn't rely so...
by Tejfyy
Tue Oct 06, 2020 6:41 pm
Forum: Investing - Theory, News & General
Topic: Dying Broke (On Purpose) Article
Replies: 138
Views: 10856

Re: Dying Broke (On Purpose) Article

“With each year that passes … our ability to convert dollars into positive life experiences declines over time,” If I were to spend a lot more money than I do, it would not be on positive experiences. Not sure what it would be. So I don't spend more. Running through all, or most of, my money during...
by Tejfyy
Mon Sep 28, 2020 9:55 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1230
Views: 131056

Re: Jack Bogle - Two Fund Portfolio

I've been here for just over a year perusing the threads, learning a great deal, marveling at the range and depth of the exchanges, the knowledge and emotion. At the end of the day, I'm very satisfied with my two fund portfolio. It suits my personality and life philosophy.
by Tejfyy
Sat Sep 26, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Paying estimated taxes question
Replies: 7
Views: 909

Re: Paying estimated taxes question

or 100% of the tax shown on the return for the prior year, whichever is smaller." This she did! So it looks like there will be no penalties. I think she should pay the first 3 quarters now anyway. This amount needs to be paid in 4 equal installments (or if she already paid it wby applying last year...
by Tejfyy
Fri Sep 25, 2020 12:53 pm
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 301
Views: 60666

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

Tejfyy, the retiree has: An investment portfolio which is entirely invested into the Vanguard LifeStrategy Moderate Growth Fund. This globally-diversified all-in-one index fund has a 60/40 stock/bond target allocation and is automatically rebalanced by its fund managers. Ahh right it's already mana...
by Tejfyy
Fri Sep 25, 2020 11:59 am
Forum: Personal Consumer Issues
Topic: What is the single best piece of exercise equipment you bought for your home?
Replies: 245
Views: 15347

Re: What is the single best piece of exercise equipment you bought for your home?

I was forced to bicycle trainer because of the air quality resulting from the fires. And although I've used it only twice, I expect I'll need it from here on in so I won't return it.
by Tejfyy
Fri Sep 25, 2020 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Paying estimated taxes question
Replies: 7
Views: 909

Re: Paying estimated taxes question

Have you determined what the safe harbor is based on last yrs' taxes and that based on this yrs? You can determine this yrs taxes including the SE taxes w/ this calculator https://www.mortgagecalculator.org/calcs/1040-calculator.php Thank you! Last year she hardly worked, the main income coming fro...
by Tejfyy
Thu Sep 24, 2020 6:51 pm
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 301
Views: 60666

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

Ally savings account is now down to 0.60%. With high yield savings accounts providing the lowest yield I believe since this thread was started, what are others thinking and doing with your cushion accounts now? Someone had suggested Vanguard Federal Money Market VMFXX. I'm partial to savings accoun...
by Tejfyy
Thu Sep 24, 2020 6:08 pm
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 301
Views: 60666

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

Isn't the retiree's allocation affected by 26k in a savings account? Or are we assuming they also reallocate to maintain 60/40? And not just in this instance, but ongoing. I'm having trouble understanding how this would work. Tejfyy, the decision to consider the withdrawal cushion as part of the po...
by Tejfyy
Thu Sep 24, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Paying estimated taxes question
Replies: 7
Views: 909

Paying estimated taxes question

My sister’s worked on 1099s this year, it’s a first year working primarily on 1099s. She already applied her 2019 refund to them which amounted to maybe 10% of the amount she thinks she owes. She was going pay about half the remaining amount due via an additional withholding from a temporary job wit...
by Tejfyy
Tue Sep 22, 2020 10:08 pm
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 301
Views: 60666

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

As of July 31, 2019, the retiree's portfolio is composed of: Vanguard LifeStrategy Moderate Growth Fund (VSMGX): $971,057.95 Withdrawal Cushion (Ally savings account): $26,826.42 Total Portfolio Balance: $997,884.37 Isn't the retiree's allocation affected by 26k in a savings account? Or are we assu...
by Tejfyy
Mon Sep 21, 2020 1:58 pm
Forum: Investing - Theory, News & General
Topic: The relentless rules of humble arithmetic
Replies: 19
Views: 3728

Re: The relentless rules of humble arithmetic

arcticpineapplecorp. wrote: Mon Sep 21, 2020 1:01 pm
almost as much fun as saying index funds are "worse than marxism" : https://www.google.com/search?client=fi ... an+marxism
and over 3.5 million hits on that search, now we're talking who's afraid of the big bad wolf stuff.
by Tejfyy
Sun Sep 20, 2020 8:43 pm
Forum: Investing - Theory, News & General
Topic: The relentless rules of humble arithmetic
Replies: 19
Views: 3728

The relentless rules of humble arithmetic

As maxims go, this one is utterly perfect. I have no need for another. But given the smart and well-versed folks here, I’m curious what you think: any imperfections? Cost Matters Hypothesis • Overwhelming evidence • Obvious explanation • Tautologically true vs Efficient Market Hypothesis • Strong ev...
by Tejfyy
Sun Sep 20, 2020 6:44 pm
Forum: Personal Investments
Topic: Losing Money with Index Funds
Replies: 149
Views: 13961

Re: Losing Money with Index Funds

Ok so is it only recommended to sell when the economy is good? :confused When do you know if it is the RIGHT time to sell, let's say you have already accumulated a lot of money to meet your needs. The 4% rule holds that when you retire, you can safely withdraw 4% from your portfolio every year rega...
by Tejfyy
Sun Sep 20, 2020 6:15 pm
Forum: Personal Consumer Issues
Topic: Retiring to Canada
Replies: 54
Views: 4354

Re: Retiring to Canada

This discussion is largely theoretical unless you are a Canadian citizen or married to one, or are otherwise eligible to immigrate to Canada (U.S. citizens do not have automatic settlement rights in Canada). Canada does not have a "retiree" immigration category- and while a small number of retired ...
by Tejfyy
Sat Sep 19, 2020 7:24 pm
Forum: Personal Consumer Issues
Topic: when you say 'rent forever'
Replies: 28
Views: 4112

Re: when you say 'rent forever'

I'd recommend a shift in mindset, ditching foreverness and 2/3 of your stuff so as to make the most of the liberty to move at will. I think it's an excellent time to be renting. Can you elaborate on the last Para? I want to hear you. 38 years vs me (rent for 8 years to date). Thank you. [/quote] I'...
by Tejfyy
Sat Sep 19, 2020 6:49 pm
Forum: Personal Consumer Issues
Topic: Anybody else enjoy sitting around and doing little in retirement?
Replies: 106
Views: 14599

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

What about enjoying simplicity, yes sitting around doing little, but actively just being rather than relentlessly doing, achieving, proving one is somehow useful, all of which contributes to the catastrophic condition of the planet. I'm enjoying a relatively blue sky in SoCal. It's more than enjoyab...
by Tejfyy
Thu Sep 17, 2020 6:53 pm
Forum: Personal Consumer Issues
Topic: Another Digital Piano Thread
Replies: 15
Views: 1009

Re: Another Digital Piano Thread

She's not currently taking lessons, but we may sign her up for some. She's been teaching herself quite a bit online and the apps are quite good and fun, but realize that isn't like in person lessons. Some friends take piano lessons where the teacher goes to their house so that could be ideal. For w...
by Tejfyy
Thu Sep 17, 2020 6:34 pm
Forum: Personal Consumer Issues
Topic: when you say 'rent forever'
Replies: 28
Views: 4112

Re: when you say 'rent forever'

I've been renting for 38 years primarily in CA; the word forever isn't a part of my vocabulary. While I've only been asked to leave a place once (on normal terms) I've always felt the place I was living in was "my place," and I've treated it as such. I recently negotiated a lower rent with my landlo...
by Tejfyy
Thu Sep 17, 2020 6:00 pm
Forum: Personal Consumer Issues
Topic: Coping with Wildfire smoke
Replies: 111
Views: 6923

Re: Coping with Wildfire smoke

If a small investment in a room air purifier is in order, I've used this company. High quality. https://www.blueair.com/us/air-purifiers.
by Tejfyy
Thu Sep 17, 2020 5:50 pm
Forum: Personal Consumer Issues
Topic: Another Digital Piano Thread
Replies: 15
Views: 1009

Re: Another Digital Piano Thread

Is she taking lessons or will she be? I ask because that'll likely make a difference in her sticking with it. And if the lessons are or will be piano (as in the acoustic instrument) lessons, the action on and size of the keyboard matter. A piano teacher could also help inform the decision I would th...
by Tejfyy
Wed Sep 16, 2020 5:46 pm
Forum: Personal Consumer Issues
Topic: Coping with Wildfire smoke
Replies: 111
Views: 6923

Re: Coping with Wildfire smoke

unclescrooge wrote: Tue Sep 15, 2020 9:55 pm
Look on the bright side. After this fire season, there won't be any forests left to burn for 20 years.
That's brilliant I never considered that, as horrific as it sounds! And I've had my fair share of marginally untouched nature over the last 5 decades. :sharebeer
by Tejfyy
Tue Sep 15, 2020 7:58 pm
Forum: Personal Consumer Issues
Topic: Coping with Wildfire smoke
Replies: 111
Views: 6923

Re: Coping with Wildfire smoke

I'm in SoCAL; we've got bad air too, I've closed the windows and only go out with a pollution mask on when I have to. My first coping mechanism has been utter outrage expressed in rants to friends who don't get offended by my vocabulary. We can't drink the water, now we can't breathe the air! Livin'...
by Tejfyy
Sun Sep 13, 2020 8:43 pm
Forum: Personal Consumer Issues
Topic: How to focus and keep focused — any recommendations?
Replies: 33
Views: 2130

Re: How to focus and keep focused — any recommendations?

I find the overcoming inertia the greatest hurdle. So I just begin. Then I don't overestimate my attention span, if I'm just not into something that day. I tell myself just do it for an hour or two, etc. and that's enough. I do hard things first, and usually in the morning when I'm more alert. Somet...
by Tejfyy
Sun Sep 13, 2020 8:29 pm
Forum: Personal Consumer Issues
Topic: Downsides to Total Wireless as alternative to Verizon?
Replies: 33
Views: 18807

Re: Downsides to Total Wireless as alternative to Verizon?

I've been Red Pocket the last 2 years and have been satisfied. Had no problems. I've just switched to Tello because of their build your own plan pricing. I don't know what you mean by "total wireless." All I know is that I can't believe how much Americans spend on their phone service with the big na...
by Tejfyy
Sun Sep 13, 2020 8:20 pm
Forum: Personal Consumer Issues
Topic: Bike Recommendation
Replies: 75
Views: 5816

Re: Bike Recommendation

I'd reconsider no gears unless you want to potentially damage your knees. I've had the same 24-gear hybrid bike since 1996. There's not much that goes wrong with it.
by Tejfyy
Thu Sep 10, 2020 9:23 pm
Forum: Personal Consumer Issues
Topic: How to see/fell sightseeing of new places using virtual reality?
Replies: 5
Views: 386

Re: How to see/fell sightseeing of new places using virtual reality?

A colleague was showing pictures from a whirlwind trip he'd taken. Some of them were from his drone camera. While not VR, the pictures and videos people take from their trips might be worth checking out too. I've done old school VR and don't really even think 3D movies are all they're made up to be....
by Tejfyy
Thu Sep 10, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: Help me consolidate my 3 Apple computers
Replies: 12
Views: 1059

Re: Help me consolidate my 3 Apple computers

1. I wouldn't bother. It's not a machine/OS issue. I'd imagine you'd get better advice here or on the Net 2. Yes get the most computer you can afford, but not for storage. Get the MPB if you need to computing power. If you don't get an Air. In either case, store your photos on an external drive. I p...
by Tejfyy
Sat Sep 05, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?
Replies: 70
Views: 4380

Re: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?

I haven't read most of the posts, I'm sure you've received plenty of opinions and ideas. I'll just add that goals are achievable and fitness doesn't have to be a complicated scientific endeavor. One can set one's own goals like simply feeling better, stronger, more energetic. You can climb the stair...
by Tejfyy
Sat Sep 05, 2020 10:22 pm
Forum: Personal Consumer Issues
Topic: Older Women Lifting Weights
Replies: 166
Views: 17736

Re: Older Women Lifting Weights

I keep it simple, Jack La Lane-like. Girl pushups, 40 whenever I can, usually a few times a week. A gallon jug filled with water I use now and then for triceps. I carry stuff a lot, like a gallon of water from the water machine up the street. My groceries on foot. My bicycle up the stairs.
by Tejfyy
Sat Sep 05, 2020 10:10 pm
Forum: Personal Consumer Issues
Topic: Simplicity
Replies: 110
Views: 16828

Re: Simplicity

I think a first and vital step is to address one's desire for "stuff," the fallout of consuming, which to me has spiritual and political dimensions, the latter of which includes my role as a human being on a planet suffocating from human consumption and waste. Beyond that I say no much more than I s...
by Tejfyy
Sat Sep 05, 2020 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting fluctuating income changes to Covered California
Replies: 3
Views: 213

Reporting fluctuating income changes to Covered California

It seems like it would be a paperwork nightmare reporting changes as CC suggest every month or quarter when your income fluctuates throughout the year. Has anyone done this? If so what did they do, adjust your premium based on what you report that month/quarter? You have to reconcile your premium ta...
by Tejfyy
Wed Sep 02, 2020 9:07 pm
Forum: Investing - Theory, News & General
Topic: How important this forum has been to our family.
Replies: 13
Views: 1930

Re: How important this forum has been to our family.

I second that and would add that the wiki is also invaluable. I find myself saying to friends, "and there's the relentless rules of humble arithmetic" when I tell them I'm paying .03% expense ratios on just 2 funds. I don't remember how I found you, it was about a year ago. I do remember though in 2...
by Tejfyy
Fri Aug 28, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: Moving abroad with young children, no international connections: Crazy?
Replies: 64
Views: 5207

Re: Moving abroad with young children, no international connections: Crazy?

. . .and most likely I would work from home. For what it's worth :). Native English speaking families in which no one speaks the local tongue rather well (before hand) tend to live in linguistic ghettos. The language at home is English. And if the adults are not interacting daily (e.g., at work, in...
by Tejfyy
Fri Aug 28, 2020 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Solo401k to offset ACA PTC repayment?
Replies: 3
Views: 209

Solo401k to offset ACA PTC repayment?

This is my first year working on 1099s as a contractor (sole proprietor). I’ve made more than expected and crossed the threshold so I’ll have to pay back the entire ACA premium. In looking through these threads, I saw a someone mention contributing to a solo401k to reduce your MAGI, which is what th...
by Tejfyy
Fri Aug 28, 2020 7:30 pm
Forum: Personal Investments
Topic: Checking in with 2 and 3 fund portfolio people
Replies: 23
Views: 2599

Re: Checking in with 2 and 3 fund portfolio people

David Althaus wrote: Fri Aug 28, 2020 11:00 am 2. Any plain vanilla intermediate bond fund with low cost will do. Too much brain power on Bogleheads devoted to bond esoterica.
I'm a relative newbie who's also observed the tendency to overthink it. And I'm posting to say I'm staying the 2-legged course.
by Tejfyy
Thu Aug 27, 2020 7:44 pm
Forum: Personal Consumer Issues
Topic: Moving abroad with young children, no international connections: Crazy?
Replies: 64
Views: 5207

Re: Moving abroad with young children, no international connections: Crazy?

I’d suggest creating a list of need to haves, nice to haves, etc. to narrow down “somewhere.” Then go there on a 3 month tourist visa with your kids first. Visas, work permits etc vary per country, but in all honesty if you’re over 30 and you don’t speak the local language fluently you’re not going ...
by Tejfyy
Sat Aug 22, 2020 9:25 pm
Forum: Personal Consumer Issues
Topic: Is it worth to relocate for retirement?
Replies: 140
Views: 13409

Re: Is it worth to relocate for retirement?

delamer wrote: Fri Aug 21, 2020 1:06 pm I don’t understand how this purely can be a financial question. There aren’t enough cost-of living savings in the world to get me to move to some states/areas.
Ditto
by Tejfyy
Sat Aug 22, 2020 9:00 pm
Forum: Personal Consumer Issues
Topic: single women retirement suggestions
Replies: 62
Views: 5412

Re: single women retirement suggestions

Have you perused the many expat forums online? They're quite useful.
by Tejfyy
Thu Aug 20, 2020 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Health Care Costs (California Family) - Not a political discussion
Replies: 19
Views: 991

Re: Health Care Costs (California Family) - Not a political discussion

My situation is very different than yours but I live in expensive California. Expensive anywhere really...this is what I do. I pay $99 a year for my cell phone (Red Pocket). I don't eat out, including takeout and haven't for decades as an alternative to "not cooking." And it's not a sacrifice. I bou...
by Tejfyy
Wed Aug 12, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: What happens if you run out of money in retirement?
Replies: 175
Views: 15524

Re: What happens if you run out of money in retirement?

I'd start living off credit cards, paying only the minimum each month, then dying with a bunch of debt no survivor is obliged to pay.
by Tejfyy
Sun Aug 09, 2020 9:54 pm
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 1069
Views: 353018

Re: Variable Percentage Withdrawal (VPW)

With the new worksheet, things are much simpler. There's a single undivided portfolio with a single asset allocation . There's no bridge portfolio or separate internal allocations. The spreadsheet handles current and delayed pensions, with and without cost-of-living adjustments. The new worksheet p...
by Tejfyy
Wed Aug 05, 2020 1:12 pm
Forum: Personal Investments
Topic: Newly Retired. Wait a month to rebalance for longterm capital gains?
Replies: 7
Views: 483

Re: Newly Retired. Wait a month to rebalance for longterm capital gains?

Long term capital gains only apply to sales that occur outside of tax advantaged accounts. If your holdings are in IRA, you can rebalance right now by exchanging some of the stock funds in the IRA for bond funds in the IRA. No tax consequences to do so. Withdrawals from the IRA (Traditional IRA) ar...
by Tejfyy
Wed Aug 05, 2020 1:08 pm
Forum: Personal Investments
Topic: Newly Retired. Wait a month to rebalance for longterm capital gains?
Replies: 7
Views: 483

Re: Newly Retired. Wait a month to rebalance for longterm capital gains?

Good news... You don't pay both "ordinary tax at marginal tax rates" and also "capital gains tax" on the same money. Briefly: The former (ordinary tax on income) is for either earned income OR money removed from tax-deferred accounts. (This tax-deferred money avoided taxes thus far, so when removin...
by Tejfyy
Wed Aug 05, 2020 12:35 pm
Forum: Personal Investments
Topic: Newly Retired. Wait a month to rebalance for longterm capital gains?
Replies: 7
Views: 483

Re: Newly Retired. Wait a month to rebalance for longterm capital gains?

What do you mean by "distributions (IRA) will be taxed with long term capital gains"? RM I thought that when you withdraw from your IRA you're taxed at your ordinary income at marginal tax rates as well as on the capital gains you've earned on those assets. I seem to be confused about the latter.
by Tejfyy
Wed Aug 05, 2020 10:58 am
Forum: Personal Investments
Topic: Newly Retired. Wait a month to rebalance for longterm capital gains?
Replies: 7
Views: 483

Newly Retired. Wait a month to rebalance for longterm capital gains?

I have a sizable rebalancing to do from indexed equity funds to bonds. If I wait a month or two, distributions (IRA) will be taxed with long term capital gains. My fear is that the market will go down, and I'll be selling at a lower price or perhaps a loss, while right now it’s doing well. And I hav...
by Tejfyy
Thu Jul 30, 2020 4:05 pm
Forum: Personal Investments
Topic: Old age scenario-casting: spending from 60 to 100
Replies: 4
Views: 758

Re: Old age scenario-casting: spending from 60 to 100

I would live off CDs and partially convert IRA to ROTH. Why have taxable when you can have ROTH? You can have ROTH CDs if you want. It looks like you would be selling all your equities. I do not plan to do this. All fixed income/CDs is not going to do well against inflation over 40 years. Thank you...
by Tejfyy
Wed Jul 29, 2020 1:28 pm
Forum: Personal Investments
Topic: Old age scenario-casting: spending from 60 to 100
Replies: 4
Views: 758

Re: Old age scenario-casting: spending from 60 to 100

Before SS and annuity start, about what % of your current assets are you spending per year? Or, to turn it around, your current assets are what multiple of your annual expenses? Thank you for that question @22twain. I haven't started spending it yet, nor am I certain how much I could spend. I'll st...