Search found 9966 matches

by letsgobobby
Sun Apr 23, 2017 8:14 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

you are really and repeatedly missing the point. if my goal was to maximize the amount of money in my hand when the chips are down, or whatever you said, I would invest exclusively in ultra micro cap deep value emerging market stocks, or some such. By the plain fact that I hold 40% bonds you should ...
by letsgobobby
Sun Apr 23, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

If you own any TBM, you own intermediate and long term bonds. Do you own any TBM? Many investors do; and the standard 3 or 4 fund Boglehead portfolio containts TBM as well. What I'm doing is simply replacing some portion of TBM with another high quality, long term bond, that happens to be less liqui...
by letsgobobby
Sun Apr 23, 2017 12:57 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

I buy bonds for the guaranteed returns, either nominal or inflation-adjusted at the end of a specific term. Exactly why is a guaranteed nominal return valuable? The same reason many people buy SPIAs, or like to have non-COLA pensions, or frankly, buy any nominal corporate or government bond: certai...
by letsgobobby
Sun Apr 23, 2017 11:40 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

Kevin, you said rolling 5 year CDs could be a better choice for the above poster, but in response to my question above, you indicated rates would need to be quite a bit higher, or: 2.75% now 3.68% in 5 years 4.61% in 10 years 5.57% in 15 years Obviously we can't predict the future but with 30 year t...
by letsgobobby
Sun Apr 23, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

you say you do own bonds. What bonds (or fixed income) do you own, and what percentage of your portfolio are they? I'm guessing that this is directed toward me. Both the question and the answer are germane to this thread and off topic. However, I know of many Bogleheads who are very bond heavy and ...
by letsgobobby
Sun Apr 23, 2017 12:58 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

you say you do own bonds. What bonds (or fixed income) do you own, and what percentage of your portfolio are they?
by letsgobobby
Sat Apr 22, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

and some of us plan to tax rate arbitrage the EEs, in my case from 35% marginal to perhaps 25% marginal in 20 years. kevin, what rates what a CD have to earn to compare to an EE for someone like me?
by letsgobobby
Sat Apr 22, 2017 4:45 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

what if you expected inflation to be 1% over the next 20 years? A guaranteed 2.5% real return (assuming you knew precisely what inflation would be) would sound good except that I can't change my mind mid-stream without losing essentially all of the return. So even if I knew with 100% certainty that...
by letsgobobby
Sat Apr 22, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

So that's an odd argument to me. Maybe if you got lucky with your bad luck, so to speak, the deflationary scenario happens right before they double. Otherwise, it seems to me you are running a serious risk of not being able to get the benefit of holding nominal long bonds in a deflationary scenario...
by letsgobobby
Sat Apr 22, 2017 3:23 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

So that's an odd argument to me. Maybe if you got lucky with your bad luck, so to speak, the deflationary scenario happens right before they double. Otherwise, it seems to me you are running a serious risk of not being able to get the benefit of holding nominal long bonds in a deflationary scenario...
by letsgobobby
Sat Apr 22, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should some professions tell people how much they make?
Replies: 35
Views: 3602

Re: Should some professions tell people how much they make?

But you said you have tutored some kids for a couple months then were let go. That no longer has to do with your age. That means they tried you out, and didn't feel they were getting their money's worth. This is it. People gave you a chance, despite your appearance. They tried you out, and didn't s...
by letsgobobby
Sat Apr 22, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: IRS refund today!
Replies: 42
Views: 2912

Re: IRS refund today!

Good point, never thought about that. But by then does it much matter? Of course, I enjoy getting a mu refund check even though it is just money I over paid it is always fun to get a decent size check or more accurately electronic deposit. Fine, but if you are due a refund and your SSN gets hijacke...
by letsgobobby
Sat Apr 22, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: IRS refund today!
Replies: 42
Views: 2912

Re: IRS refund today!

I think a lot of people here don't really have that option because they are paying 110% of the previous years taxes in estimate taxes. But by late December you should pretty much know what your income is. Simply adjust the 4th quarterly payment down if necessary. so this means changing my w4, then ...
by letsgobobby
Sat Apr 22, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: IRS refund today!
Replies: 42
Views: 2912

Re: IRS refund today!

I don't think owing taxes prevents those that steal your identity from filing with made up numbers and claiming refunds. No it does still create a hassle but it does remove the risk that your refund gets hung up for weeks/months while you sort out the details with the IRS. Like Sidney, I try to tun...
by letsgobobby
Sat Apr 22, 2017 12:08 am
Forum: Personal Finance (Not Investing)
Topic: IRS refund today!
Replies: 42
Views: 2912

Re: IRS refund today!

7 days. nice.

Beyond the pleasant surprise at the speed of the refund, I always breathe a sigh of relief when someone else hasn't claimed my refund for himself.
by letsgobobby
Fri Apr 21, 2017 8:33 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

Few points before I call it a night. The reason not to compare to equities is their incomparably higher risk compared to fixed income. Yes, stocks go to zero. So do stock markets. Not likely, but my portfolio is designed to protect against tail risk. Low returns I can handle. I used to believe high ...
by letsgobobby
Fri Apr 21, 2017 5:36 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

I'm really not trying to be rude, but that's irrelevant to my question. I would like to know, specifically, why you are attracted to EE bonds. Didn't he state it above? : "get a guaranteed 3.5% nominal return over the next 20 years" Stock market doesn't do this. When I addressed that issu...
by letsgobobby
Fri Apr 21, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

May I then ask why you hold EE bonds? People talk about risk, but how much risk is there in holding equities for twenty years? Is it because you want a guarantee, irrespective of inflation risk? Are you 100% stocks? I'm really not trying to be rude, but that's irrelevant to my question. I would lik...
by letsgobobby
Fri Apr 21, 2017 3:34 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

willthrill81 wrote:May I then ask why you hold EE bonds? People talk about risk, but how much risk is there in holding equities for twenty years? Is it because you want a guarantee, irrespective of inflation risk?

Are you 100% stocks?
by letsgobobby
Fri Apr 21, 2017 3:02 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

Where else can you get a guaranteed 3.5% nominal return over the next 20 years? I would not put all my money in EE bonds, not even all my fixed income. But for money I definitely won't need for 20 years, I do not see another comparable return, comparabe risk asset class. We buy the max every year. ...
by letsgobobby
Fri Apr 21, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: 529 and Vanguard Status
Replies: 6
Views: 607

Re: 529 and Vanguard Status

Vanguard does not count Utah UESP held Vanguard funds or any other Vanguard funds held at any 529 except for Nevada, where they are they administrator of the plan.
by letsgobobby
Fri Apr 21, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 159
Views: 6938

Re: I don't understand the case for EE bonds

Where else can you get a guaranteed 3.5% nominal return over the next 20 years?

I would not put all my money in EE bonds, not even all my fixed income. But for money I definitely won't need for 20 years, I do not see another comparable return, comparabe risk asset class. We buy the max every year.
by letsgobobby
Wed Apr 19, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental landlord turning to for sale by owner
Replies: 26
Views: 2221

Re: Accidental landlord turning to for sale by owner

We are in a hot seller's market, and one tactic which may help is to update your listing on Zillow, trulia, and other public sites to say that it is 'coming soon.' You should be able to post exterior photos and maybe some interior ones as well. Psychologically this builds excitement and anticipation...
by letsgobobby
Tue Apr 18, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Real estate rate of return?
Replies: 34
Views: 2948

Re: Real estate rate of return?

Why not a) buy a separate condo or cottage house that you rent out, without going through the trouble of construction and permitting and having a stranger live in your back yard A separate condo or cottage house in this area would cost at least twice as much as our highest estimate. I definitely co...
by letsgobobby
Tue Apr 18, 2017 8:22 am
Forum: Personal Consumer Issues
Topic: Anyone have sod installed?
Replies: 16
Views: 1568

Re: Anyone have sod installed?

live near the sod capital of the country. 8000 sf of sod delivered on pallets would be about $3000. working on a bid for someone else to do the work and figure it will be a multiple of that. soil prep is important and it helps to have the right equipment and experience. our native clay soil will oth...
by letsgobobby
Tue Apr 18, 2017 2:04 am
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4491

Re: If a doctor takes your insurance, must they accept the negotiated rate?

Amazing how hard it is to collect after someone has already received their services. Amazing how one can expect the patient to pay, when the amount is not even known at the time of service. Therapy is somewhat different; traditionally the fee is agreed upon in advance, even if the patient no-shows.
by letsgobobby
Mon Apr 17, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: "Yield surge: Remember the real role of bonds"
Replies: 14
Views: 1819

Re: "Yield surge: Remember the real role of bonds"

I also noticed a surge in prices. the yield dropped from 2.6% to 2.2% in about 3 weeks.
by letsgobobby
Fri Apr 14, 2017 5:58 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 15075

Re: Tesla Model 3 or Chevy Bolt?

I still don't 'get' range anxiety. :? I don't get it either, but I guess some people don't look at their fuel gauges until the lights come on. Indeed. Meaning no insult, I think its a function of 'innumeracy'. Some people are comfortable juggling a couple numbers in their head (like which is greate...
by letsgobobby
Fri Apr 14, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: How to invest my children's inheritance
Replies: 33
Views: 2710

Re: How to invest my children's inheritance

Thank you for your comments. I was afraid of the answers, life is never that simple. Allow me to be specific, I will not need the money and it is a bit over $5m (in cash, after tax, recently received from the sell of a business) to be shared among 4 children. Why I am that sure? Excluding the above...
by letsgobobby
Thu Apr 13, 2017 11:35 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 15075

Re: Tesla Model 3 or Chevy Bolt?

actually certified 2014 BMW i3s with 18k-21k miles are only $17k-$19k in my area. There's an idea. However I think it's because the 2017s have a battery only range of 114 miles, making the older models far less attractive. And CR says to avoid the 2014 models as they have poor reliability.
by letsgobobby
Thu Apr 13, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: best resources for executor
Replies: 6
Views: 390

best resources for executor

Hello, Can anyone recommend good resources for being executor of an estate? I have placed the following books on hold through my library: The Everything Executor and Trustee Book - Wilson The Nolo Executor's Guide - Randolph The Executor's Handbook - Hughes and Klein Other online resources or genera...
by letsgobobby
Mon Apr 10, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: home exchange experiences
Replies: 9
Views: 976

Re: home exchange experiences

Do we have any serially successful home exchangers here? I would like to hear from those who have traveled this way, especially from those who have been successful despite not having a prime home exchange site (ie, you do not live off Central Park in New York City, or have a beachfront home in Hawa...
by letsgobobby
Sun Apr 09, 2017 10:16 pm
Forum: Personal Consumer Issues
Topic: home exchange experiences
Replies: 9
Views: 976

Re: home exchange experiences

Idiotic question: What is this concept? Do you swap homes for a week or something? yes, or longer - a month or more in many cases. Sometimes a car. There are websites for exchanging, but I don't think they have discussion forums. Very affordable way to travel and become a true traveler rather than ...
by letsgobobby
Sun Apr 09, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: home exchange experiences
Replies: 9
Views: 976

Re: home exchange experiences

anybody?
by letsgobobby
Sat Apr 08, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor ROTH questions
Replies: 12
Views: 756

Re: Backdoor ROTH questions

Thank you very much for your thoughts! So if we can't attempt a ROTH conversion for 2016 IRA now, is there any reason to open an IRA with after tax $ for 2016? Or are we better off just sticking that money in our regular taxable account? I will now do some research on pros and cons of after tax IRA...
by letsgobobby
Sat Apr 08, 2017 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor ROTH questions
Replies: 12
Views: 756

Re: Backdoor ROTH questions

Hi all, We are going to attempt a backdoor Roth conversion, but have some questions that I am hoping you can help with. 1. I have a SIMPLE IRA from an old employer (not much, $1400) that I just rolled into my 401k (in March). 2. If we open an IRA with after tax dollars on Monday (with the intent to...
by letsgobobby
Sat Apr 08, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: home exchange experiences
Replies: 9
Views: 976

home exchange experiences

Do we have any serially successful home exchangers here? I would like to hear from those who have traveled this way, especially from those who have been successful despite not having a prime home exchange site (ie, you do not live off Central Park in New York City, or have a beachfront home in Hawai...
by letsgobobby
Sat Apr 08, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: LLC or other liability protection as landlord
Replies: 17
Views: 1318

Re: LLC or other liability protection as landlord

If other family members inherit the other shares in the multifamily housing units, all fractional owners would benefit by transferring their ownership interests in multi-member LLC and taking out a commercial insurance policy for the LLC on the buildings and rentals. This would provide you with bel...
by letsgobobby
Fri Apr 07, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: 225th anniversary lady liberty coin
Replies: 16
Views: 1879

Re: 225th anniversary lady liberty coin

These are on sale now and I just bought one.

$1645 including budget shipping
by letsgobobby
Fri Apr 07, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason NOT to do a backdoor Roth IRA?
Replies: 56
Views: 3873

Re: Any reason NOT to do a backdoor Roth IRA?

Thanks for the link. I think the broader issue is that the IRS has known about this for at least seven years and hasn't done anything to stop it. Congress doesn't seem to care, either. Congress has known about it since May 2006 when tax reform was passed and the WSJ published an article about it.
by letsgobobby
Fri Apr 07, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: STEM & "coding" toys for little ones ?
Replies: 41
Views: 3224

Re: STEM & "coding" toys for little ones ?

what about for 10 year olds? My daughter loves math and is doing the Beast Academy curriculum and Khan Academy as reinforcement, enrichment, etc along with her usual 4th grade work. she also really likes doing stuff with arts and crafts - glue, slime, clay, mixed media art - and it seems some kind o...
by letsgobobby
Fri Apr 07, 2017 5:56 am
Forum: Investing - Theory, News & General
Topic: Syria: maybe the market will take a tumble today
Replies: 11
Views: 1244

Re: Syria: maybe the market will take a tumble today

in one year much less twenty, today's news will not even be a blip on the radar.
by letsgobobby
Thu Apr 06, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 113
Views: 9974

Re: High Income earners, whats your Tax Strategy?

When I retired at age 66, 90% of my savings was in TIRAs and 401k. I am now 72 and seeing the impact of RMDs which will eventually push me into a higher tax bracket and increase Medicare Part B premiums substantially. As others have stated, I should consider myself lucky to have this problem. I did...
by letsgobobby
Thu Apr 06, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 113
Views: 9974

Re: High Income earners, whats your Tax Strategy?

Max 403bs
backdoor Roth IRAs
529s
HSA
I bonds (tax deferred up to 30 years)
EE bonds (same)
municipal bonds
most importantly, don't live in a high tax state
by letsgobobby
Wed Apr 05, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason NOT to do a backdoor Roth IRA?
Replies: 56
Views: 3873

Re: Any reason NOT to do a backdoor Roth IRA?

Let's assume a married couple has an adjusted gross income that makes them ineligible to contribute to a Roth IRA. Let's further assume that this couple's retirement accounts consist solely of 401(k)s (no rollovers), a 403(b), and a couple of Roth IRAs from when their income was much lower. In othe...
by letsgobobby
Wed Apr 05, 2017 12:38 pm
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 144
Views: 13161

Re: Social Security for Millennials

Regardless of the politics, from a strictly financial perspective, our retirement (30-odd years away) planning is based on getting nothing from SS. Good call. Maybe a little pessimistic, but still a good call. Hope for the best and plan for the worst. Yup. Provides lots of flexibility that way. I t...
by letsgobobby
Wed Apr 05, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: How to get out of whole life policy?
Replies: 13
Views: 895

Re: How to get out of whole life policy?

She has paid about $14,000 in premiums and has a cash value of under $4000. Her agent and NY Life split the missing ten grand, broadly speaking - so they're feeling pretty good about this whole shindig. I agree with you that your sister should cancel this policy and take the cash value. First have h...
by letsgobobby
Wed Apr 05, 2017 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts about de-risking 529 investment allocation
Replies: 9
Views: 639

Re: Thoughts about de-risking 529 investment allocation

Dear Fellow BHs - I am curious to understand what folks think about potentially "de-risking" 529 investment allocations for 9 and 6 year old children. Shortly after the birth of each child $100k was deposited into two different Utah 529 plans so as to access inexpensive Vanguard managed f...
by letsgobobby
Tue Apr 04, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Economics of Charging an Electric Car
Replies: 85
Views: 5722

Re: Economics of Charging an Electric Car

I purchased a VW e-Golf about 15 months ago, and it’s a great car. I sat down recently to crunch some numbers and see just how much I am saving by charging at home instead of buying gas. Surprisingly, I’m not saving too much. Here are my numbers: The car range is 80-100 miles, but I usually run it ...
by letsgobobby
Tue Apr 04, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Beneficiaries/TOD for Vanguard Joint Account
Replies: 15
Views: 660

Re: Beneficiaries/TOD for Vanguard Joint Account

what is involved in moving jointly held taxable assets at VG to a trust? It will be a slow process. First, you need to have a trust set up. Second, call vanguard and ask which form(s) you need to fill out. There are different forms for brokerage vs. MF only accounts. Medallion sig. gty. may be requ...

Go to advanced search