Search found 8314 matches

by jebmke
Wed Oct 17, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: flat for the year
Replies: 9
Views: 630

Re: flat for the year

As of yesterday, S&P 500 and Total Stock Market Funds are up 6+% YTD if I read the numbers on VG site correctly. That would include dividends. Bonds are down so if you have bond holdings that could drag down your overall performance.
by jebmke
Wed Oct 17, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do with unexpected tax refund?
Replies: 25
Views: 1202

Re: What would you do with unexpected tax refund?

Once you sort out what to do with the money I would still go back and re-look at the process and the capability of your tax practitioner. In most cases there should be no reason for a surprise refund at this late date. First, the fourth quarter payment isn't due until January 15 and for many (most?...
by jebmke
Wed Oct 17, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: What would you do with unexpected tax refund?
Replies: 25
Views: 1202

Re: What would you do with unexpected tax refund?

Once you sort out what to do with the money I would still go back and re-look at the process and the capability of your tax practitioner. In most cases there should be no reason for a surprise refund at this late date. First, the fourth quarter payment isn't due until January 15 and for many (most?)...
by jebmke
Tue Oct 16, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard not allowing reversals of Roth IRA recharacterizations
Replies: 10
Views: 772

Re: notice from Vanguard, can anyone help clarify

liuruyu wrote:
Tue Oct 16, 2018 11:36 am
backdoor Roth conversion is not a re-characterization.
by jebmke
Mon Oct 15, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: Huge drops in VTXVX and VTHRX [Vanguard Target Date Funds]
Replies: 51
Views: 4078

Re: Vanguard VASIX sudden drop in price

Probably a data glitch. Try not to look every day and especially at night.
by jebmke
Mon Oct 15, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: Huge drops in VTXVX and VTHRX [Vanguard Target Date Funds]
Replies: 51
Views: 4078

Re: Huge drops in VTXVX and VTHRX

tesuzuki2002 wrote:
Mon Oct 15, 2018 5:46 pm
the calculation basis appears to be wrong..
That would be my guess. Numbers this early should be taken with a grain of salt. Can't do anything based on a post-close number until the next day anyway.
by jebmke
Mon Oct 15, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: "Turn Off The Financial News"
Replies: 13
Views: 1834

Re: "Turn Off The Financial News"

But you will miss gems like this:
The 10-year yield, at 3.21 percent on Wednesday, may rise to 3.50 percent to 3.75 percent, Craig said, without giving a time-frame for the move.
by jebmke
Mon Oct 15, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 26
Views: 2230

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

willthrill81 wrote:
Sun Oct 14, 2018 10:26 pm
I find it amusing and somewhat alarming that people think that interest rates in the U.S. are destined to rise back up to some certain rate. I'm sure that many Japanese investors felt the same way 20 years ago.
I didn't take that from any of the posts.
by jebmke
Sun Oct 14, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: Failing Updates With Windows 7 Professional
Replies: 16
Views: 729

Re: Failing Updates With Windows 7 Professional

My 4 month old Dell PC is failing to update Windows 7. The error code is KB80070490. My Operating System is Windows 7 Professional. Every time I shut down the PC, it tries to install 10 updates and at the end all updates fail to install. Anyone with experience please direct me to a procedure to fix...
by jebmke
Sun Oct 14, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: 30 yr TIPs auction: Oct. 18: 1.2% real yield?
Replies: 26
Views: 2230

Re: 30 yr TIPs auction: Oct. 18: 1.2% real yield?

Still got a ways to go for me. When 10-15 years get north of 1.5% I might take a look.
by jebmke
Sun Oct 14, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Microsoft Windows 10 Update might cause data loss [Build 1809]
Replies: 22
Views: 2235

Re: Microsoft Windows 10 Update might cause data loss [Build 1809]

michaeljc70 wrote:
Sun Oct 14, 2018 11:33 am
Just this year there were a bunch of issues with failed installations of High Sierra on the Mac.
Every OS has issues from time to time. I've had Linux machines crash and burn. You just don't hear as much about Linux because it is a small share of user market.
by jebmke
Sat Oct 13, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 117
Views: 13531

Re: Warning: avoid Windows 10 update 1803

I am able to block all but security patches by designating my network as "metered." I get a prompt that definitions for defender is out of date and I go in and update that. Once a month I "free the network" and look at which updates are available. I always make an image backup before I "free the net...
by jebmke
Sat Oct 13, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Savings and investments - overall household view of asset allocation
Replies: 15
Views: 858

Re: Savings and investments - overall household view of asset allocation

This is the first I have ever heard of a pension that could be managed by the person to whom the pension is due. I don't think defined contribution pensions are that uncommon. A large chunk of our assets were derived from my wife's pension which we put entirely in a small & midcap value portfolio f...
by jebmke
Sat Oct 13, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 117
Views: 13531

Re: Warning: avoid Windows 10 update 1803

So....I have disabled updates etc etc....then this pops up today??? I saw one can 'schedule' when this occurs, so I chose next Friday so I have some time to read up on this. This appears to be a normal cumulative update to build 1803. I do not think this is a major upgrade to 1809. How did you disa...
by jebmke
Sat Oct 13, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Have you annuitized some of your money?
Replies: 67
Views: 5584

Re: Have you annuitized some of your money?

I did - in a backward sort of way. When I became eligible for my pension, one of the options was a lump sum. I priced the annuity options using Vanguard online and found that the 100% joint and survivor annuity was the best choice for us.
by jebmke
Fri Oct 12, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Lost Power for 24 hours - what food to toss?
Replies: 38
Views: 2483

Re: Lost Power for 24 hours - what food to toss?

If the eggs weren't really old they will be fine. I've taken eggs on a one-week sailing trip and not had them chilled much of the time. I wouldn't eat them raw -- but I wouldn't even if refrigerated.
by jebmke
Fri Oct 12, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5634

Re: Who worries about a bear market in stocks?

(a) those who were smart enough and able to invest heavily in stocks when they were younger and who held on and kept buying more no matter what happened to stock prices along the way. These investors have "won the game" and should be mostly out of stocks now (except for discretionary funds), so it ...
by jebmke
Fri Oct 12, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Crash Plan
Replies: 7
Views: 969

Re: Crash Plan

If you have holdings, especially equity in a taxable account you should become familiar with tax loss harvesting (TLH) and have identified fund/ETF pairs to use to execute the swaps.
by jebmke
Fri Oct 12, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: What backup service to use?
Replies: 74
Views: 8050

Re: What backup service to use?

albireo13 wrote:
Fri Oct 12, 2018 6:08 am
I've been keeping files on Dropbox and also using an external HD with TimeMachine for backing up my MAC.

I am trying to minimize subscription services.
Id Dropbox doing proper versioning? If not, all you really have is a mirror not a true backup.
by jebmke
Thu Oct 11, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: No bill to me - but found strange things on my health plan records
Replies: 32
Views: 2721

Re: No bill to me - but found strange things on my health plan records

I guess I should look. Since I only go once every two years for a physical I haven't paid much attention. But it probably pays to look and report something in case it is Medicare fraud -- seems like the responsible thing to do.
by jebmke
Thu Oct 11, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3106

Re: Budget Coffee

We buy online from a roaster in Milwaukee in the $13-15 range. If I were going to dial it down to your $10 price point I'd probably look at loose beans in a local grocer or Dunkin Donuts beans.
by jebmke
Thu Oct 11, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits up 2.8% in 2019
Replies: 19
Views: 2409

Re: Social Security benefits up 2.8% in 2019

Social security benefits are indexed to inflation. Thus I assume a 2.8% increase is actually a zero increase in "real terms". "Look forward to" is misleading, unless your expenses are inflating at below the index level. Yes; or, if someone has a non-COLA defined benefit pension (or purchased annuit...
by jebmke
Thu Oct 11, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Baird Intermediate Muni vs Baird Short Muni
Replies: 2
Views: 150

Re: Baird Intermediate Muni vs Baird Short Muni

If I follow your numbers, the swap would seem to make sense. There doesn't seem to be much compensation for the term risk on intermediate. This is also reflected in the treasury yield curve where there doesn't seem to be a compelling reason to go beyond the 2-year mark.
by jebmke
Thu Oct 11, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: When will you backup the truck on stocks
Replies: 95
Views: 8172

Re: When will you backup the truck on stocks

Just eyeballing things, I think my re-balance point, assuming bonds hold together, would be a 30% drop in equity.
by jebmke
Wed Oct 10, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3333
Views: 1003360

Re: What Book Are You Currently Reading? Part VI

"The First Congress: How James Madison, George Washington, and a Group of Extraordinary Men Invented the Government" by Fergus Bordewich
by jebmke
Tue Oct 09, 2018 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation re: Social Security
Replies: 13
Views: 1022

Re: Allocation re: Social Security

You will get mixed opinions. My unscientific estimate is the more people on this forum do not capitalize SS than do - but I have no data to support that estimate. I do not. I treat it as an income item.
by jebmke
Tue Oct 09, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting and selling a mutual fund within 30 days of purchase
Replies: 10
Views: 548

Re: Tax loss harvesting and selling a mutual fund within 30 days of purchase

It would not be a wash sale since you did not repurchase. Then what is the meaning of the clause "within 30 days before the sale" in the wash sale rule: "The rule defines a wash sale as one that occurs when an individual sells or trades a security at a loss and, within 30 days before or after this ...
by jebmke
Tue Oct 09, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Choosing Fund Cost-Basis Methods
Replies: 9
Views: 361

Re: Choosing Fund Cost-Basis Methods

I do specific ID for all holdings in a taxable account. That way I can sell specific lots that have unrealized losses to harvest the losses for tax purposes.
by jebmke
Mon Oct 08, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: pension vs lump sum payment
Replies: 12
Views: 982

Re: pension vs lump sum payment

What I did was take the various annuity options - there are several -- and priced them out to see what a comparable annuity would cost me. In our case, the best option was the 100% joint and survivor annuity. I think that may be because the pension is gender neutral and annuities are not.
by jebmke
Mon Oct 08, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: What tools do you use to track your finances?
Replies: 50
Views: 3666

Re: What tools do you use to track your finances?

All my portfolio accounts are at Vanguard so they keep track of it for me. I do retain the annual statement and download monthly household statements. For spending, I keep a simple spreadsheet with three categories of spending every month. That seems to be all I really need to keep track of. Once a ...
by jebmke
Mon Oct 08, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Failed hard drive(?) data recovery
Replies: 57
Views: 4386

Re: Failed hard drive(?) data recovery

So, does versioning then protect data backed up on NAS from ransomware attacks? I don't know much about ransomware. I suspect some of it could attack and lock up a NAS if it were connected. It may even be capable of lurking and locking up a USB drive that was normally kept disconnected once it is c...
by jebmke
Mon Oct 08, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: Failed hard drive(?) data recovery
Replies: 57
Views: 4386

Re: Failed hard drive(?) data recovery

I use a homebrew setup with a couple of scripts I wrote. One backups up locally daily. The other encrypts my files and uploads to OneDrive. I hate to pay monthly fees if I don't have to. Is there an app that will run backups on folders you select at intervals you select to locations you select? :?:...
by jebmke
Mon Oct 08, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: MAGI and Social Security
Replies: 18
Views: 1929

Re: MAGI and Social Security

Yankee53 wrote:
Mon Oct 08, 2018 1:00 pm
I assume "tax exempt interest" is not interest realized in a tIRA?
correct
by jebmke
Mon Oct 08, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: MAGI and Social Security
Replies: 18
Views: 1929

Re: MAGI and Social Security

There is a worksheet on Page 30 of the General Instructions that shows how the calculation is made for the taxable portion of Social Security.

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf
by jebmke
Mon Oct 08, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Calculating properties in your Net Worth?
Replies: 10
Views: 961

Re: Calculating properties in your Net Worth?

I only value hard assets for estate planning purposes. And even then, it is an eyeball estimate. Typically I use the assessed value unless I have something to point me in a different direction. I only do this once a year to give to my lawyer in case there would be a reason to change our plans based ...
by jebmke
Sun Oct 07, 2018 5:12 pm
Forum: Personal Consumer Issues
Topic: Help with choices for new car
Replies: 20
Views: 1347

Re: Help with choices for new car

3018 lexus NX or RX What do you plan to drive for the next 1,000 years? :P My wife has a 2018 Camry Hybrid. She really likes the car. I don't drive it much so I have not gotten used to all the features -- it is a pretty busy dashboard. I find it a bit awkward to get in and out of since it is built ...
by jebmke
Sun Oct 07, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone here use Vanguard CD's?
Replies: 36
Views: 6143

Re: Anyone here use Vanguard CD's?

I would be amenable to CD's at Vanguard (keeping everything in one place) but do not want to change to a brokerage account. So.....use online or bank CD's I think you can open a VG brokerage account and leave your funds in the regular fund type account. That is how we have our taxable joint account...
by jebmke
Sun Oct 07, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: Failed hard drive(?) data recovery
Replies: 57
Views: 4386

Re: Failed hard drive(?) data recovery

Thanks for the feed back. I've not been able to find an 'off-the-shelf' laptop unit that has what I think I'm looking for. Looks like I might be able to configure one using the Lenovo site, though. Any feed back on Lenovo good/bad or otherwise? :?: I have been deploying Lenovo laptops in my TaxAide...
by jebmke
Sun Oct 07, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone here use Vanguard CD's?
Replies: 36
Views: 6143

Re: Anyone here use Vanguard CD's?

I am looking for a Vanguard CD vs local bank CD comparison in 2018. Quick search revealed that VBS CDs are offering pretty good rates compared to traditional and online banks. Thoughts? https://preview.ibb.co/hyhVTp/Screenshot_2018_10_07_14_25_24.png I have been buying brokered CDs in my ROTH IRA. ...
by jebmke
Sun Oct 07, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: What are your strategies when shopping for a house?
Replies: 38
Views: 3327

Re: What are your strategies when shopping for a house?

I used to move a lot for work. We rarely looked at a house more than two times (plus the inspection). It has been a long time but I had a checklist. Things that I must have Things that I will not accept Everything else. I tried to sort out the first two lists even before seeing the house - not alway...
by jebmke
Sat Oct 06, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9530

Re: What is your annual cost for health insurance?

The WSJ last week had an article saying the *average* price of a family policy is closing in on $20k. They are probably citing this Kaiser annual study which has just about any detail you want to know about employer-based plans http://files.kff.org/attachment/Report-Employer-Health-Benefits-Annual-...
by jebmke
Sat Oct 06, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9379

Re: 2-Year Treasury Note Auction

Mitchell777 wrote:
Sat Oct 06, 2018 4:20 pm
Now that I think more on it, if I sell now it would be a ST Capital loss. I'd need a ST Capital gain to write it off against.
If you have no gains, up to $3,000 of loss can be taken against ordinary income. It is usually a good idea to take short term losses when you have them.
by jebmke
Sat Oct 06, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Microsoft Windows 10 Update might cause data loss [Build 1809]
Replies: 22
Views: 2235

Re: Microsoft Windows 10 Update might cause data loss

My desktop is still at 1709; my VMs are at 1803. I have the network connection on my desktop designated as "metered." I get security patches for 1709 and I can control when the updates are installed. I typically run a backup image to a USB drive using Macrium Reflect before I allow any Cumulative Up...
by jebmke
Sat Oct 06, 2018 10:44 am
Forum: Personal Consumer Issues
Topic: Microsoft Windows 10 Update might cause data loss [Build 1809]
Replies: 22
Views: 2235

Re: Microsoft Windows 10 Update might cause data loss

Windows 10 update deleted my Outlook favorites. Most frustrating, with no fix apparent. Otherwise, OK (as fa as I can tell). If you have a backup of the image you might be able to recover them from the profile. I don't use Outlook but I do use Thunderbird. Many apps like that have the profile store...
by jebmke
Thu Oct 04, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: When does a stock become a bond before moving back to a stock again
Replies: 47
Views: 2258

Re: When does a stock become a bond before moving back to a stock again

fsh71 wrote:
Thu Oct 04, 2018 4:23 pm
Sailorgirl wrote:
Thu Oct 04, 2018 3:44 pm
Nextera Energy, NEE
Your "bond" fell 51% in 6 months from May 2008 - Oct 2008.
I guess Wall Street was running in the wrong direction.
by jebmke
Thu Oct 04, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: When does a stock become a bond before moving back to a stock again
Replies: 47
Views: 2258

Re: When does a stock become a bond before moving back to a stock again

More importantly though, utilities are not bulletproof. Regulatory, environmental, and legal risks are significant, and not all of it is passed down to the ratepayer. Here in California PG&E was on the hook for billions after last year's wildfires. This highlights the difference between systematic ...
by jebmke
Thu Oct 04, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Calculating 2018 Tax Liability
Replies: 20
Views: 1962

Re: Calculating 2018 Tax Liability

If you itemized last year and will not this year, it can make a significant difference. Running figures comparing last year's itemization with this year's standard deduction results in a significant tax increase for us in 2018 that exceeds a slight increase in taxable income. Tim And the difference...
by jebmke
Wed Oct 03, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: Signing up for medicare
Replies: 20
Views: 1098

Re: Signing up for medicare

Approaching 65. What is the least painful way of signing up? Online? Local social security office? Any suggestions to minimize the aggravation of dealing with a government agency! Signing up for Part B is pretty simple online on the Medicare site. Deciding on supplemental vs. Medicare Advantage is ...
by jebmke
Wed Oct 03, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: Need a better RMD calculator
Replies: 19
Views: 835

Re: Need a better RMD calculator

Easy enough to do with a spreadsheet. The expected rate of return is a wild guess anyway so it probably isn't worth spending a lot of time on precision. I just assume zero (mine is in bonds so I assume zero real return).