Search found 1603 matches

by gd
Tue Jun 23, 2020 5:44 am
Forum: Personal Investments
Topic: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed
Replies: 107
Views: 10979

Re: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed

Their announcements are exercises in backfill to promote stock trading. If you think their analysis may have value, try accumulating their market and specific stock research for several years and laying it out to track continuity. How did it turn out? Did they acknowledge unforecast outcomes? Did th...
by gd
Mon Jun 22, 2020 4:52 am
Forum: Personal Consumer Issues
Topic: I Got Scammed To Send Amazon Gift Cards
Replies: 139
Views: 12920

Re: I Got Scammed To Send Amazon Gift Cards

Back to the OP topic of this stale thread, I just had an event that reminded me of this. Got an email from an officer of a local club to me, another officer, asking to get some gift cards for charity purposes, to be reimbursed. They had customized information in it and the context was so good that I...
by gd
Thu May 28, 2020 5:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 194
Views: 19092

Re: Vanguard High Dividend Yield Index Fund

frequently when one invests for dividends/income they don't care about relative performance, they're concerned with positive cash flow So they're basically kindergarten investors. Best be sure of your position before sarcasm. I manage a trust. Under some circumstances total taxes on CGs are about 3...
by gd
Sat May 23, 2020 9:18 am
Forum: Personal Finance (Not Investing)
Topic: CapitalOne Venture would not forgive annual fee
Replies: 32
Views: 1955

Re: CapitalOne Venture would not forgive annual fee

Thanks everyone for your replies. In my situation, I opened the Venture card for travel related spend only (especially hotels.com) as I get more lucrative rewards for everyday spend from other cards. Maybe I'm about to learn something... I'm not aware a Cap1 Venture card gives a premium for accruin...
by gd
Sat May 23, 2020 6:09 am
Forum: Personal Finance (Not Investing)
Topic: CapitalOne Venture would not forgive annual fee
Replies: 32
Views: 1955

Re: CapitalOne Venture would not forgive annual fee

I buy stuff with their credit card, accumulate points on all purchases at the same rate, and get rebates on any airline ticket purchases when I cash in the points-- which now looks like it'll be next year. I don't get more points for travel-related charges that I am aware of, so the pandemic does no...
by gd
Fri Apr 17, 2020 8:44 am
Forum: Non-US Investing
Topic: No need to invest for Europeans?
Replies: 119
Views: 6555

Re: No need to invest for Europeans?

Yes. Average household income in my very diverse county of 1 million people is a shade under $110k and that's below average for the metro area. I could poll my immigrant neighbors about how "third world" this standard of living seems to them. Sheesh. I have not made my point clear. I consider stand...
by gd
Wed Apr 15, 2020 7:27 am
Forum: Personal Finance (Not Investing)
Topic: How to Develop a Relationship with a Local Bank
Replies: 15
Views: 1418

Re: How to Develop a Relationship with a Local Bank

I read the first 2 sentences and had to look at the poster to see if this was a resurrected thread I'd done a decade ago and forgotten about. Seriously, same bank buyouts. Finally moved from BofA to a local savings bank 13 years ago, and every service got better, online and in person. I oversee a re...
by gd
Wed Apr 15, 2020 6:53 am
Forum: Non-US Investing
Topic: No need to invest for Europeans?
Replies: 119
Views: 6555

Re: No need to invest for Europeans?

70% pension sounds great but does it have a cost-of-living or inflation adjustment? If not, I would want some equities growing alongside it to compensate. 50 % of it is covered by the income of my future younger colleagues. 50 % is covered by stock/bond/real estate investments. So it does adapt to ...
by gd
Mon Apr 13, 2020 7:03 am
Forum: Investing - Theory, News & General
Topic: Good Documentaries on the 1929 Crash?
Replies: 3
Views: 531

Re: Good Documentaries on the 1929 Crash?

Not as passively entertaining, but this classic book is probably more insightful than documentaries you're likely to find:
https://en.wikipedia.org/wiki/The_Great_Crash,_1929
by gd
Mon Apr 13, 2020 6:57 am
Forum: Personal Consumer Issues
Topic: Hand Truck Tire Replacement
Replies: 19
Views: 767

Re: Hand Truck Tire Replacement

Not a first world problem at all, that would be "amazon shipping of hand carts is really expensive, should I buy Prime just for this?", followed by "how do I throw this away, it doesn't fit in my trash bag/bin". :D Agree you're half way there, no need to take the rest of the wheel off just replace t...
by gd
Tue Apr 07, 2020 8:13 am
Forum: Personal Consumer Issues
Topic: good books on lawn care for beginners?
Replies: 25
Views: 1508

Re: good books on lawn care for beginners?

There is a, ah, growing movement advocating anything from non-monoculture lawns (e.g. encouraging stuff like clover) to totally non-turf alternatives. It's a religious war; whatever group you are not in may consider your opinions a personal affront to the very core of their lifestyle and value syste...
by gd
Sun Mar 29, 2020 7:18 am
Forum: Personal Consumer Issues
Topic: stove with timed turn-off?
Replies: 13
Views: 835

Re: stove with timed turn-off?

Cubicle wrote:
Fri Mar 27, 2020 6:55 pm
My parent's electrically controlled gas oven has an auto off timer.
Do you know the brand and, ideally, model?
by gd
Sun Mar 29, 2020 6:56 am
Forum: Personal Consumer Issues
Topic: Slash your cell phone bill!
Replies: 38
Views: 6265

Re: Slash your cell phone bill!

I assume the website lack of clarity on multiple lines means those are per line. I'm in the market, unhappy with Comcast xfinity mobile making 1 GB/mo mandatory from their previous 100MB free, upping my 2 lines from $5-6/mo to $16-17. For someone forced to be a Comcast customer for home internet, th...
by gd
Mon Mar 23, 2020 6:21 pm
Forum: Personal Consumer Issues
Topic: old (dry) pasta
Replies: 29
Views: 2068

Re: old (dry) pasta

2 years past stamped date for dried pasta is typical for food pantries, I think. I used to volunteer in one and routinely took home food expired past their extended limits, and considered dried pasta immortal if it was not discolored. The stuff that I stopped taking was basically chemical stew; the ...
by gd
Sat Mar 14, 2020 6:54 am
Forum: Personal Finance (Not Investing)
Topic: How will the crisis affect classic car prices (In USA and Europe)?
Replies: 8
Views: 697

Re: How will the crisis affect classic car prices (In USA and Europe)?

Wild guess: I'd think that if it's something an upper middle class person might buy, it'll go down. Something very exotic, it'll go up. Moderately wealthy people need to shed expenses, very wealthy people see buying opportunities and want to diversify assets. So probably down, unless someone just wa...
by gd
Thu Mar 05, 2020 7:31 am
Forum: Investing - Theory, News & General
Topic: Lamenting time lost and squandered opportunities
Replies: 31
Views: 2904

Re: Lamenting time lost and squandered opportunities

Does the lamentation and current fear accomplish anything useful? If it doesn't, you might consider working on that as well as the investing. Seriously; some people can use it to provoke action, others just get dragged down in it.
by gd
Thu Mar 05, 2020 7:25 am
Forum: Personal Investments
Topic: Differences between Federal and Prime money market funds??
Replies: 25
Views: 2208

Re: Differences between Federal and Prime money market funds??

I used to have Prime, and recall years ago Vanguard informed me I must use Federal as sweep account after a regulation change. I do not recall them asking my opinion, rather that it was a mandatory thing. DIdn't pay much attention since I don't think I was even getting enough interest for a tax form.
by gd
Fri Feb 28, 2020 9:12 am
Forum: Personal Consumer Issues
Topic: Any medical insurance plans reduce predatory billing?
Replies: 1
Views: 190

Any medical insurance plans reduce predatory billing?

I believe it's widely accepted, even by medical people, that many health care organizations game the billing system to maximize revenue. I'm coming up for Medicare eligibility, with many choices. Are there any approaches to insurance (trad. Medicare, low deductable Medicare Advantage, minimalist MA,...
by gd
Sun Feb 16, 2020 8:15 am
Forum: Personal Investments
Topic: Alternatives to Edward Jones
Replies: 44
Views: 4082

Re: Alternatives to Edward Jones

Thanks all, I may try to attend the presentation next month, and will post a report if so. To repeat, it is a presentation on scams and fraud-- not investing-- given for free at the local senior center. I am not involved in it in any way. This sort of presentation happens all the time, various topic...
by gd
Sat Feb 15, 2020 7:46 am
Forum: Personal Investments
Topic: Alternatives to Edward Jones
Replies: 44
Views: 4082

Re: Alternatives to Edward Jones

Thanks for the replies. It wasn't as bad as I feared it would be. I'll look into the companies mentioned, I don't keep track of this stuff and have little clue what the brokerage world looks like nowadays. I am not involved in the event. These are very common, many businesses provide such genuinely ...
by gd
Fri Feb 14, 2020 10:26 am
Forum: Personal Investments
Topic: Alternatives to Edward Jones
Replies: 44
Views: 4082

Alternatives to Edward Jones

My local senior services organization is sponsoring a seminar on financial fraud. Presented by Edward Jones. Safe to assume there will be mention of and material about their services. Let's skip all the EJ stuff and obvious irony, this thread is looking for specific advice and not an EJ rant. EJ off...
by gd
Fri Feb 14, 2020 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity is late with 1099
Replies: 49
Views: 4429

Re: Fidelity is late with 1099

Esoteric funds will often have late reporting, it can easily stretch past February. Other reasons are funds that recharacterize dividends and capital after year's end (not sure of terminology), to play games with income vs. capital. Not an expert, but my understanding is that this has some value to ...
by gd
Fri Feb 14, 2020 9:07 am
Forum: Personal Investments
Topic: Help Me Break Free From Raymond James
Replies: 47
Views: 14530

Re: Help Me Break Free From Raymond James

CincySkyline wrote:
Thu Feb 13, 2020 10:09 pm
Folks, Can you buy Vanguard ETFs with money in your RJ Accounts?
You should start a new topic to ask this new question.
by gd
Tue Feb 11, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: Benefits of buying things secondhand?
Replies: 93
Views: 7201

Re: Benefits of buying things secondhand?

Second had appliance stores are usually freestanding businesses. If they have been I’m business a while the risk is really low. I bought an upright freezer, the compressor died . The shop replaced it. I used it for 10 years. My second one was bought new, just great but no better than the first. My ...
by gd
Tue Feb 11, 2020 8:09 am
Forum: Personal Consumer Issues
Topic: Internet and basic tv options?
Replies: 44
Views: 3329

Re: Internet and basic tv options?

I similarly have no other internet options (including DSL), but don't use TV. To reduce overall media bill, I switched landline from copper to comcast digital voice (cell service at that time unusable at home and we want landline anyway), bought special digital voice modem (no comparable problems wi...
by gd
Mon Jan 27, 2020 6:08 pm
Forum: Personal Investments
Topic: Executor of an estate
Replies: 51
Views: 3706

Re: Executor of an estate

(snip) I see two problems here. (1) You asked the wrong person. (2) The FA answered the question instead of deferring to someone with the necessary qualifications. edit: Fortunately you came here and the right person (Gill) saw your post. This has been a very useful thread for me-- never had anyone...
by gd
Mon Jan 27, 2020 5:44 pm
Forum: Personal Consumer Issues
Topic: Amount of cash wedding gift?
Replies: 57
Views: 4832

Re: Amount of cash wedding gift?

You barely know this person and see them once every half decade? Then this is a fishing expedition for a gift. I do not think highly of these types of "invitations" which are clearly sent to solicit gifts and not because my attendance is actually wanted. I might send $50, or perhaps a gift card to ...
by gd
Mon Jan 27, 2020 9:40 am
Forum: Personal Investments
Topic: Executor of an estate
Replies: 51
Views: 3706

Re: Executor of an estate

This thread made me realize I have fundamental gaps in my understanding of estates. Do estates pay tax on stock gains, paper or realized, up to time of death? If so, what rate? If not, the gains are just lost to the tax system? If estates don't pay tax on gains up to death, do they pay capital gains...
by gd
Sun Jan 26, 2020 9:31 am
Forum: Investing - Theory, News & General
Topic: Implications of (US) pension funding deficit?
Replies: 18
Views: 1446

Re: Implications of (US) pension funding deficit?

It'll go like 10+ years ago-- as others predict, areas with problems will muddle through with a variety of solutions tailored for their region and circumstances. The USA is an extremely conservative culture, and rational discussion leading to change at the Federal level rarely occurs. The difference...
by gd
Sat Jan 25, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: Amount of cash wedding gift?
Replies: 57
Views: 4832

Re: Amount of cash wedding gift?

Irisheyes wrote:
Fri Jan 24, 2020 6:56 pm
Is it a niece/nephew or not? Your wording is vague.
Deliberately, they might be bogleheads. :D Thanks all, the diverse input was quite helpful.
by gd
Fri Jan 24, 2020 5:49 pm
Forum: Personal Consumer Issues
Topic: Amount of cash wedding gift?
Replies: 57
Views: 4832

Amount of cash wedding gift?

Relative at niece/nephew level I have good feelings towards but barely know and see once / 5 years or so at important family gatherings is getting married. I was invited but not going for irrelevant reasons. Both up and coming professionals in very expensive region, living in small, fully stocked ap...
by gd
Fri Jan 24, 2020 9:17 am
Forum: Personal Consumer Issues
Topic: How is long-term rental housing advertised now?
Replies: 4
Views: 547

How is long-term rental housing advertised now?

How do part-time landlords advertise long-term leased properties nowadays? What has replaced local newspaper classifieds? Not asking about airbnb or similar; assume year lease.
by gd
Fri Jan 24, 2020 9:10 am
Forum: Personal Consumer Issues
Topic: Mechanics of maintaining two homes
Replies: 37
Views: 3558

Re: Mechanics of maintaining two homes

4000 miles international. 2 complete households, including car, mobile phone (voice/text, no minimum fees), property maintenance equipment. Other house has renter in half who mows lawn and watches over house, for low rent. I travel with only a backpack containing stuff I'll use during the flight, sp...
by gd
Thu Jan 23, 2020 10:08 am
Forum: Personal Investments
Topic: Withdrawal Strategy - Taxable, 401k and Roth - Early Retirement
Replies: 17
Views: 1772

Re: Withdrawal Strategy - Taxable, 401k and Roth - Early Retirement

sarah1983 wrote:
Wed Jan 22, 2020 8:14 pm
...
Thanks for any suggestions you may have. If there is a good resource for withdrawal strategies, please let me know.
i-ORP?
https://www.i-orp.com/Merit/index.html

I confess I sometimes struggle to figure out why it claims what it does. Not always successfully.
by gd
Tue Jan 21, 2020 8:58 am
Forum: Personal Consumer Issues
Topic: Robocalls! -- current best call blocker?
Replies: 67
Views: 14442

Re: Robocalls! -- current best call blocker?

No clue what your new law is, but I got 7 calls (that I noticed) blocked by Nomorobo yesterday, MLK holiday.
by gd
Mon Jan 20, 2020 9:42 am
Forum: Personal Consumer Issues
Topic: My Hotmail account is getting spammed big time
Replies: 48
Views: 4880

Re: My Hotmail account is getting spammed big time

I use an old hotmail account for low-interest organizations and online purchases. Spam surges are directly related to ordering bottom-priced stuff on Amazon.
by gd
Mon Jan 20, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Shouldering the burden of my in-laws’ lifestyle
Replies: 48
Views: 4822

Re: Shouldering the burden of my in-laws’ lifestyle

Only one is in a nursing home, and may come out. Authority should come with responsibility. I don't think you've revealed this aspect of it, but if you are subsidizing their lives, you should have some control over that. I would at a minimum require a reset of their lifestyle if it has not already o...
by gd
Sun Jan 19, 2020 8:11 am
Forum: Personal Consumer Issues
Topic: Credit Karma says someone added me as an authorized user on their card
Replies: 30
Views: 3190

Re: Credit Karma says someone added me as an authorized user on their card

So you got an email from Credit Karma claiming that Equifax told them someone did something in your name with Barclay. Can you clarify if you have a prior relationship with ANY of these.
by gd
Sat Jan 18, 2020 8:25 am
Forum: Personal Consumer Issues
Topic: Home maintenance tasks
Replies: 31
Views: 3442

Re: Home maintenance tasks

How does a leaking toilet valve flood the bathroom? Flapper valve leaking into the toilet just dribbles away into the bowl and away, shutoff valve failing (e.g. float not rising enough and tank fill not shutting off) overflows to the same place. Leaking gaskets on the bottom of the tank maybe, but n...
by gd
Fri Jan 17, 2020 11:08 am
Forum: Personal Consumer Issues
Topic: strong role model books for 8 YO girl
Replies: 53
Views: 3445

Re: strong role model books for 8 YO girl

Veering slightly, but Terry Pratchett's presentation of witches as an underappreciated bedrock of society seemed like also a great gender treatment & social commentary, aside from the Tiffany Aching teenage girl theme. They grow up, plant some seeds. Speaking as an old man, FWIW.
by gd
Fri Jan 17, 2020 10:52 am
Forum: Personal Investments
Topic: AA angst
Replies: 30
Views: 2376

Re: AA angst

Whatever you do, sooner or later you'll have some clear evidence that it was wrong. Does that help?
by gd
Fri Jan 17, 2020 10:47 am
Forum: Investing - Theory, News & General
Topic: Isn’t Inflation Much Larger Than 2%?
Replies: 289
Views: 19262

Re: Isn’t Inflation Much Larger Than 2%?

The thread is way outnumbered by others discussing how to loosen up and spend more indulgently. This is a group whose affluence is increasing faster than society as a whole, discussing a subject that's really hard to be objective about.
by gd
Thu Jan 16, 2020 9:08 am
Forum: Personal Investments
Topic: Vanguard Health Care Fund
Replies: 15
Views: 2559

Re: Vanguard Health Care Fund

Surprised no one pointed this out. The difference between VHT and VGHAX is foreign equities. The index fund holds nothing in Foreign equities while the active fund has 30% allocated to them. This alone could make the performance results vastly different during short time periods. I'm not seeing it ...
by gd
Thu Jan 16, 2020 8:57 am
Forum: Personal Consumer Issues
Topic: strong role model books for 8 YO girl
Replies: 53
Views: 3445

Re: strong role model books for 8 YO girl

The Tiffany Aching series in Terry Pratchett's diskworld set.
by gd
Thu Jan 16, 2020 8:50 am
Forum: Investing - Theory, News & General
Topic: VG Monthly Statements Are HORRIBLE!
Replies: 97
Views: 8495

Re: VG Monthly Statements Are HORRIBLE!

Still way better than Morgan Stanley. Curiously, mine are getting much more confusing in the same ways as I get more brokerage-based ETFs and the sweep account is now brokerage. Not clear to me if it's the clumsiness of having two types of accounts or something general about brokerage accounts (what...
by gd
Thu Jan 16, 2020 8:28 am
Forum: Personal Consumer Issues
Topic: what to do with old engineering text books
Replies: 72
Views: 5570

Re: what to do with old engineering text books

10 years ago I sold maybe two 70's era probability and statistics texts for a surprising amount, like between $20 and $80, on (don't recall) ebay, amazon or alibris. Other similar books went in the trash, never figured out why some were valued. My area has book donation bins all over, I check with a...
by gd
Tue Jan 14, 2020 8:16 am
Forum: Personal Investments
Topic: Vanguard Health Care Fund
Replies: 15
Views: 2559

Re: Vanguard Health Care Fund

VHCAX is not your fathers healthcare fund. The majority of its outperformance happened years ago. Not it basically ties the benchmark before taxes and loses after Yup. Had it since the early 90s but it was about the first on my list for capital gains harvesting and cash extraction 5 years ago, afte...
by gd
Sun Jan 12, 2020 8:05 am
Forum: Personal Finance (Not Investing)
Topic: How do you mentally process stupid ways of losing money?
Replies: 84
Views: 7519

Re: How do you mentally process stupid ways of losing money?

Not being sarcastic or critical in my answer, this was also a thing for me most of my life. Nowadays I consider what the situation would be like if I was an average person, raised under unprivileged circumstances, a cruddy this-millenium job, barely paying bills and health problems beyond my control...
by gd
Sat Jan 11, 2020 6:33 am
Forum: Personal Consumer Issues
Topic: How to organize your photos
Replies: 39
Views: 3253

Re: How to organize your photos

How do you reference your photos? People? Trips? Events? Organize them that way. Never look at them? Copy the entire photos directory on to an external hard drive and a USB drive, put them in a storage box-- different places if it makes you feel better-- and get on with life.
by gd
Fri Jan 10, 2020 8:31 am
Forum: Personal Consumer Issues
Topic: At what point do you donate/trash/sell/gift your junk?
Replies: 75
Views: 4980

Re: At what point do you donate/trash/sell/gift your junk?

Some excellent advice, this'd be a good thread for a wiki. In addition to my own life clutter, I've spent my life taking other people's stuff as mementos, or more recently, doing them a kindness by giving them a way to discard stuff and feel like it was still being valued. The most joy I can recall ...