Search found 1098 matches

by Eureka
Mon Sep 25, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1759

Re: How do I retain check writing on bond fund?

Remembered something. Checks written on non-mmkt funds can generate the replacement shares/wash sale issue. Updated my thoughts above. Bottom line. With deference to livesoft's nice topic on "...why we shouldn't fear a wash sale", I find it's easier to write checks on only a mmkt fund (or send proc...
by Eureka
Mon Sep 25, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1759

Re: How do I retain check writing on bond fund?

I had the same issue today. Sent VG and email describing the problem and will post the answer back here if someone else has not done so before. Heard back from VG. Email apologized for the issue with incorrect link and indicated that they had recorded my desire to keep check writing with no further...
by Eureka
Mon Sep 25, 2017 1:08 am
Forum: Investing - Help with Personal Investments
Topic: can I rely solely on the value of my home to retire?
Replies: 25
Views: 2870

Re: can I rely solely on the value of my home to retire?

When I see quotes about any asset market being “straight-up crazy,” I’m reminded that trees don’t grow to the sky. Consider, too, that rental housing and starter homes are in short supply nationwide. Mortgage rates are still historically low. Extremes have a way of adjusting over time. http://www.se...
by Eureka
Sun Sep 24, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1759

Re: How do I retain check writing on bond fund?

Bottom line. I decided I only needed check writing on one fund, and it was a taxable mmkt fund, with planned proceeds from selling everything else being funneled into it. Makes perfect sense. I was a bit perturbed with Vanguard on Saturday. First, I got a phone call from someone while I was sleepin...
by Eureka
Sun Sep 24, 2017 12:01 am
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1759

Re: How do I retain check writing on bond fund?

Wouldn't there be potential capital gains (or losses) when you wrote a check ? Yes, but that's true regardless of how you redeem shares. Yes I fully understand that. But seems to me checking ability tends to have more of a cash account feel vs an investment account. Obviously pretty much everybody ...
by Eureka
Sat Sep 23, 2017 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1759

Re: How do I retain check writing on bond fund?

JBTX wrote:
Sat Sep 23, 2017 4:20 pm
Wouldn't there be potential capital gains (or losses) when you wrote a check ?
Yes, but that's true regardless of how you redeem shares.
by Eureka
Sat Sep 23, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1759

How do I retain check writing on bond fund?

I received a message from Vanguard today telling me check-writing on my Short-Term Investment Grade Fund will be terminated Oct. 31 unless I take action. I have never written a check on this fund, but I want to retain the option. The message said: "If you don’t plan to write any checks soon but stil...
by Eureka
Fri Sep 08, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46994

Re: Equifax customer information leak

More on the arbitration clause in TrustedIDPremier agreement. A class-action suit has already been filed. http://www.marketwatch.com/story/why-some-equifax-customers-have-unwittingly-waived-their-rights-to-a-class-action-lawsuit-2017-09-08 I find that to be a shoddily written article, though the co...
by Eureka
Fri Sep 08, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46994

Re: Equifax customer information leak

More on the arbitration clause in TrustedIDPremier agreement. A class-action suit has already been filed.
http://www.marketwatch.com/story/why-so ... 2017-09-08
by Eureka
Fri Sep 08, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46994

Re: Equifax customer information leak

By enrolling in TrustedID you waive your right to a class action suit, either in court or in arbitration. It limits you to individual arbitration. Read the terms and conditions (interestingly the terms and conditions are dated Sept 6 2017 -- I wonder when that clause was added) Would that waive you...
by Eureka
Fri Sep 08, 2017 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46994

Re: Equifax customer information leak

I went to the site four times. The first two times, it told me my data wasn't affected. The second two times, it told me it was. Since this is a company that obviously can't find its ass with both hands, I'm not sure you can believe anything they tell you.
by Eureka
Sat Mar 18, 2017 1:39 am
Forum: Investing - Help with Personal Investments
Topic: Prime Money Market Fund vs. Federal Money Market Fund
Replies: 36
Views: 6607

Re: Prime Money Market Fund vs. Federal Money Market Fund

Didn't a bunch of ultra-short bond funds get creamed in the 2008 financial meltdown? Even Vanguard's Short-Term Investment Grade Fund (which is not "ultra-short") had a surprisingly bad year. It bounced back smartly the next year, but it made me realize that short-duration bond funds are n...
by Eureka
Wed Dec 14, 2016 3:58 pm
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 16844

Re: How old is your vehicle?

1994 Dodge Caravan with 176,000 miles. I bought it used from my mom in 2001 after my dad died. It was his. Had some major transmission work done in 2003 and a burned exhaust valve replaced in 2005. Has some rust but runs better than ever. Just like money in the bank. This is the first van I have own...
by Eureka
Mon Nov 21, 2016 7:38 am
Forum: Personal Consumer Issues
Topic: Fountain Pens - Do you use one?
Replies: 104
Views: 8181

Re: Fountain Pens - Do you use one?

bpp wrote:My first and favorite fountain pen was a Parker 25.
Lost it somewhere along the way, and it seems they don't make them any more. Pity.


I have one. Matte black, fine nib.
by Eureka
Mon Nov 21, 2016 3:34 am
Forum: Personal Consumer Issues
Topic: Fountain Pens - Do you use one?
Replies: 104
Views: 8181

Re: Fountain Pens - Do you use one?

I have used and loved fountain pens since I was in second grade in 1960. I probably own a couple dozen collected over the decades, ranging from a Montblanc 146 I bought new in 1991 to a couple sterling Parker 75s. Recent acquisitions include a Pilot Vanishing Point and Metropolitan and a TWSBI 580 w...
by Eureka
Sat Nov 12, 2016 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's website down
Replies: 10
Views: 1320

Re: Is Vanguard's website down

I was using the Chrome browser on a Windows 7 laptop. I just launched Firefox, and I was able to sign on with no issues. It's good to have backup browsers, but it makes me wonder why Chrome suddenly doesn't work.
by Eureka
Sat Nov 12, 2016 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's website down
Replies: 10
Views: 1320

Is Vanguard's website down

I have been trying to sign on to my Vanguard account since early Saturday morning. I get this message: "This personal.vanguard.com page can’t be found." I've tried every way I know to get through. Nothing works. I tried calling, but apparently there's no customer service anymore on Saturda...
by Eureka
Sat Sep 17, 2016 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Prime Money Market Fund vs. Federal Money Market Fund
Replies: 36
Views: 6607

Re: Prime Money Market Fund vs. Federal Money Market Fund

I have a money fund only in my IRA. I closed the non-IRA one years ago because I couldn't think if any good reason to keep it around. I'm taking monthly IRA distributions, so it's a convenient place to pool bond fund dividends (can't see reinvesting at these prices) and from which to take the distri...
by Eureka
Sat Sep 17, 2016 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Prime Money Market Fund vs. Federal Money Market Fund
Replies: 36
Views: 6607

Prime Money Market Fund vs. Federal Money Market Fund

Is there a thread somewhere on the forum discussing the relative merits and risks of staying with the Prime Money Market Fund vs. going with the Federal Money Market Fund in light of the regulation changes coming in October? My other mutual fund company made it easy by simply eliminating its prime f...
by Eureka
Sat May 28, 2016 6:56 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this
Replies: 211
Views: 57818

Re: I can't believe I am thinking this

That was all pretty unpleasant to read again. We all learned a lot about our risk tolerance during the meltdown. I came through it without selling or buying more equities. I have taken 1 or 2 percentage points off the table from time to time over the past few years of bull market as my asset allocat...
by Eureka
Thu Jun 11, 2015 3:46 am
Forum: Investing - Help with Personal Investments
Topic: New to Vanguard
Replies: 6
Views: 1103

Re: New to Vanguard

Regarding IRC Section 72(t), I did a plan from 2008 through 2012. The rules are very precise. Withdrawals must continue for five years or to age 59.5, whichever comes later. There are three methods of withdrawal, each of which will yield a different amount. If you mess up and take a dollar too much ...
by Eureka
Sat Nov 15, 2014 1:44 pm
Forum: Personal Consumer Issues
Topic: Vinyl Siding over wood
Replies: 18
Views: 4707

Re: Vinyl Siding over wood

My parents had vinyl siding installed over that awful particle-board siding in 1997 or 1998. My dad got tired of painting it all the time, and my mom got tired of watching him. No problems so far. This house was built in the 1973 and is in north-central Illinois.
by Eureka
Sat Nov 15, 2014 1:23 pm
Forum: Personal Consumer Issues
Topic: Blue Cross question - ACA
Replies: 4
Views: 827

Re: Blue Cross question - ACA

One other thing to keep in mind regarding this decision: If you live in a state that doesn't run its own ACA exchange, a ruling by the Supreme Court for the plaintiffs next June in King v. Burwell could destabilize the insurance marketplace in your state. Looking forward two years, a Republican pres...
by Eureka
Wed Nov 12, 2014 6:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard web site changes
Replies: 51
Views: 9024

Re: Vanguard web site changes

I never would have found that myself. Thanks. So I have to click three times instead of one. Yep, that's a website improvement. . Found it. Now called "See all online tools" - on right side, near bottom of "Vanguard Funds" page which is under "Funds, Stocks, & ETFs"...
by Eureka
Fri Jul 25, 2014 4:33 pm
Forum: Investing - Theory, News & General
Topic: SEC Adopts Money Market Fund Reform Rules
Replies: 52
Views: 4685

Re: SEC Adopts Money Market Fund Reform Rules

Finally, clarity in the Morningstar story (bold mine): "Several reports seem to suggest, as does the SEC's press release, that the rules apply only to institutional funds. Not so--the most notable modification, requiring some money funds to float their net asset values rather than fix the price...
by Eureka
Fri Jul 25, 2014 2:44 am
Forum: Investing - Theory, News & General
Topic: SEC Adopts Money Market Fund Reform Rules
Replies: 52
Views: 4685

Re: SEC Adopts Money Market Fund Reform Rules

It's unclear to me if the gates and withdrawal fees apply to non-institutional funds. None of the stories I have read makes this clear, and the SEC statement is a bit muddy, too. There may be a missing comma in one sentence that could make all the difference. Even Vanguard's statement is vague. We'l...
by Eureka
Fri Jun 20, 2014 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 increased... my daily balance decreased?
Replies: 28
Views: 3175

Re: S&P 500 increased... my daily balance decreased?

I've been a member since 2007, and I was aware a distribution was imminent. I still was puzzled by the drop and came here because I figured someone else would notice, too. Thanks to the new guy, my question is answered. I'll probably forget the next time, too.
by Eureka
Sat Mar 01, 2014 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

I received a letter today from the Illinois Department Human Services telling me I'm not eligible for Medicaid because my income is too high. I knew this, of course, three months ago when I applied for insurance at healthcare.gov. Despite every attempt to forestall it, the feds submitted my name to ...
by Eureka
Wed Jan 15, 2014 5:59 am
Forum: Investing - Help with Personal Investments
Topic: setting up 72(t) with Vanguard
Replies: 10
Views: 2195

Re: setting up 72(t) with Vanguard

It was intimidating, but I had spent many hours at 72t.net and read William Stecker's book on the subject twice. I quintuple-checked my calculations twice.

My CPA wasn't terribly helpful. I'm pretty sure I know at least three times as much about 72(t) as he does.
by Eureka
Wed Jan 15, 2014 5:37 am
Forum: Investing - Help with Personal Investments
Topic: setting up 72(t) with Vanguard
Replies: 10
Views: 2195

Re: setting up 72(t) with Vanguard

I did a 72(t) plan for five years with Vanguard starting in 2008. I made one withdrawal per year. Vanguard always designated the distribution as premature, no exception applies, and I always filed a Form 5329. (5329 is a very simple form.) The IRS mail-audited me for 2009 and wanted a 10 percent pen...
by Eureka
Mon Dec 23, 2013 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

The great majority of the plans I saw from Aetna and Blue Cross and Blue Shield in my state had no out-of-network coverage except for one from Aetna. I decided to go with BCBS even without the out-of-network coverage. I hope I don't regret it. I sent in my check today. BCBS gave me dire warnings ab...
by Eureka
Thu Dec 19, 2013 4:58 am
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

I was finally able to sign up for an Affordable Care Act policy on the federal exchange Wednesday afternoon. I went to an "in-person counselor" at the local health department. Apparently "in-person counselors" are trained by the state of Illinois. Navigators are trained by the fe...
by Eureka
Fri Dec 13, 2013 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

I hope her positive experience with healthcare.gov is some indication that the logjams and backups are and will be cleared up and folks who want/need to enroll in a plan are now more likely to be successful. I wish. I called Friday afternoon and talked to an advanced resolution specialist. She said...
by Eureka
Fri Dec 13, 2013 3:35 am
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

Yes you can start a brand new application as I did with complete new account (can't delete completed one yet - see post above) and got approved with a subsidy. I wonder if it's possible to be honest in filling out the application (you have to submit it under penalty of perjury) and still get the co...
by Eureka
Thu Dec 12, 2013 2:10 am
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

Yes you can start a brand new application as I did with complete new account (can't delete completed one yet - see post above) and got approved with a subsidy. I wonder if it's possible to be honest in filling out the application (you have to submit it under penalty of perjury) and still get the co...
by Eureka
Wed Dec 11, 2013 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

Yes we received a "Status: Complete" on the incorrect marketplace Medicaid determination and you then can't remove the app at that point. You also can't "Apply for new coverage" under that account since only one application allowed per state so you need to create another email, ...
by Eureka
Tue Dec 10, 2013 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

Yes we received a "Status: Complete" on the incorrect marketplace Medicaid determination and you then can't remove the app at that point. You also can't "Apply for new coverage" under that account since only one application allowed per state so you need to create another email, ...
by Eureka
Tue Dec 10, 2013 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

It looks like this problem with incorrect medicaid eligibility determination is getting national attention. Hopefully they can get it resolved quickly. m Becoming the expert I have at filling out applications with the ability to now remove apps I have seen that I can avoid the Medicaid glitch by in...
by Eureka
Mon Dec 09, 2013 2:21 am
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 33530

Re: Signing up for health care

I'm very interested in seeing how your case is resolved, bpg1234. I am a single early retiree in Illinois who applied for coverage on healthcare.gov late Nov. 5/early Nov. 6. Despite having listed 2014 income that clearly disqualified me from Medicaid, I received a determination that I was eligible ...
by Eureka
Thu Aug 15, 2013 4:25 pm
Forum: Personal Consumer Issues
Topic: Repair or replace car?
Replies: 25
Views: 2786

Re: Repair or replace car?

Thanks for the update.
by Eureka
Wed Aug 07, 2013 1:47 am
Forum: Investing - Help with Personal Investments
Topic: Extreme Early Retirement
Replies: 104
Views: 16995

Re: Extreme Early Retirement

Ben Franklin retired at 42. He managed to keep busy, though, and I doubt many people would argue he lived "a fundamentally unsound life." He died at 84.
by Eureka
Sun Jul 14, 2013 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluating risk of private bank stock
Replies: 8
Views: 731

Re: Evaluating risk of private bank stock

Twenty percent of your net worth is a big number and a big bet. Any stock can blow up, and sometimes it happens more quickly than you can imagine. I would consider taking some money off the table. I don't claim to be objective about this. I watched my 78-year-old mom lose half of her savings in a fo...
by Eureka
Sun Jul 14, 2013 12:06 am
Forum: Investing - Theory, News & General
Topic: A Dangerous Misunderstanding about Bond Rates?
Replies: 124
Views: 14785

Re: A Dangerous Misunderstanding about Bond Rates?

After reading hundreds of posts in dozens of threads over the past couple months, I have concluded that some people probably know how bond funds will perform in a secular period of rising rates from historically low levels. I am, however, unable to determine who is right among the conflicting opinio...
by Eureka
Mon Jul 08, 2013 4:00 am
Forum: Investing - Help with Personal Investments
Topic: Deja vu: Bond funds lose money every year
Replies: 54
Views: 7248

Re: Deja vu: Bond funds lose money every year

Here is a really good article on bonds and funds. http://www.schwab.com/public/schwab/resource_center/expert_insight/investing_strategies/bonds/should_you_worry_about_bond_funds_if_interest_rates_rise.html GTF The Schwab article seems to indicate that increased income will make up for declining net...
by Eureka
Tue Jun 25, 2013 3:43 am
Forum: Investing - Theory, News & General
Topic: "Cascading liquidity failures"
Replies: 3
Views: 650

Re: "Cascading liquidity failures"

Where is all the money going that's coming out of the stock market, since it's not fleeing to the "safety" of bonds as it often does during an equity sell-off?
by Eureka
Tue Jun 25, 2013 3:07 am
Forum: Investing - Theory, News & General
Topic: "Cascading liquidity failures"
Replies: 3
Views: 650

"Cascading liquidity failures"

Whether you agree or not, can someone tell me what el-Erian is saying here?: “Liquidity today is king and what we’re getting is cascading liquidity failures,” Mohamed A. El-Erian, chief executive and co-chief investment officer at Pacific Investment Co., said today in a Bloomberg Radio interview wit...
by Eureka
Sat Jun 22, 2013 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: 72t distributions - does the IRA continue to grow normally?
Replies: 6
Views: 1026

Re: 72t distributions - does the IRA continue to grow normal

I just finished five years of 72(t) distributions from a Vanguard IRA. Nothing about how I managed the IRA changed. I could exchange from one fund to another or buy new funds inside the IRA. The only difference was that once a year, I called Vanguard and told them precisely (to the penny) how much I...
by Eureka
Fri Jun 21, 2013 5:25 pm
Forum: Investing - Theory, News & General
Topic: If the Fed quits buying Bonds, won't Bond yields rise?
Replies: 20
Views: 2424

Re: If the Fed quits buying Bonds, won't Bond yields rise?

Scooter57 wrote:Such comments usually come along with extreme political views and a writing style that suggests the commenter is putting a lot of time into commenting on market sites because he isn't mentally stable enough to hold a job.


Funniest thing I've read this week. There's a lot of that at MarketWatch.
by Eureka
Wed Jun 19, 2013 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Sell my Bonds?
Replies: 19
Views: 3221

Re: Should I Sell my Bonds?

It's not a bad question. Maybe my answer will give posters a hint. If this turns out to be a multi-decade bond bear, a lot of people who have never seen one will be very unhappy.
by Eureka
Wed Jun 19, 2013 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Sell my Bonds?
Replies: 19
Views: 3221

Re: Should I Sell my Bonds?

It's not 2008 anymore. Rates are much lower. My bond funds performed quite well during that bear market, and I was able to get a decent return on cash then, too. I "stayed the course." That experience took a lot out of me, though, as a recent retiree. I'm older now, and I'm not sure how mu...