Search found 165 matches

by laughlinlvr
Thu Aug 29, 2019 3:37 pm
Forum: Investing - Theory, News & General
Topic: Personal Flagship Representaive Going Away
Replies: 126
Views: 13827

Re: Personal Flagship Representaive Going Away

Hmmm... So many posters saying they didn't use a flagship rep and therefore don't care the service is going away, and many others posting how much more brilliant they are at getting things done directly on the website. I will miss my rep a lot. She came to know our situation from the cash flow crunc...
by laughlinlvr
Sat Jul 13, 2019 11:09 am
Forum: Personal Investments
Topic: Defer interest to 2020?
Replies: 8
Views: 636

Re: Defer interest to 2020?

retiredjg wrote:
Sat Jul 13, 2019 7:39 am
I bonds?
+1
by laughlinlvr
Sat Jul 13, 2019 11:03 am
Forum: Personal Investments
Topic: Engineer to Potato farmer? What are retirement options?
Replies: 11
Views: 1803

Re: Engineer to Potato farmer? What are retirement options?

Happy to learn that I'm not the only Boglehead living in eastern Idaho amongst the potato fields. My understanding of retirement accounts (you need to research to find out if this is still accurate) is that you can fund various IRAs on your own. Even a regular IRA can have more than the regular empl...
by laughlinlvr
Tue May 28, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Putting off Social Security until 70
Replies: 106
Views: 14862

Re: Putting off Social Security until 70

2015 was not a year in which I gave this much thought. Four years on, it's become relevant for me. And perhaps others too, hence the reanimation. No need to start a new thread when the wisdom of former years' posters remains relevant.
by laughlinlvr
Tue May 28, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Putting off Social Security until 70
Replies: 106
Views: 14862

Re: Putting off Social Security until 70

A number of posters have pointed out the tax advantage one gets by converting tIRA to ROTH in the years prior to taking SS. Depending on the size of the tIRA and one's circumstances (like maximizing benefit for one's spouse) a number of posters have found that waiting to age 70 to claim SS works bes...
by laughlinlvr
Wed May 22, 2019 10:23 am
Forum: Personal Finance (Not Investing)
Topic: I evaluated taking SS at age 62 versus age 70
Replies: 67
Views: 5528

Re: I evaluated taking SS at age 62 versus age 70

A portfolio cannot go below zero. Once it runs out, it runs out. This shows the limitations of Monte Carlo simulation. (Since a small negative amount could become a small positive amount with the next iteration, and then - possibly - a larger positive amount.) In reality, you cannot start with a neg...
by laughlinlvr
Fri Feb 22, 2019 10:09 pm
Forum: Personal Consumer Issues
Topic: Can solar be worth it??
Replies: 78
Views: 8602

Re: Can solar be worth it??

I am considering solar on a new addition. I currently live in a location that has the second lowest electricity rates in the US. So why consider solar? Redundancy if grid goes out especially in winter. Electric cars are coming and who wants to “refuel” at residential rates? [Edited to add] I lived t...
by laughlinlvr
Mon Feb 18, 2019 11:28 am
Forum: Personal Consumer Issues
Topic: Favorite youtube channels?
Replies: 81
Views: 8211

Re: Favorite youtube channels?

My Dish service allows me to stream YouTube videos directly onto my big screen TV at 4K (if that's what the video is in). Big plus is seeing video in crisp resolution on a large TV. Big minus is that Dish access alphabet screen is clumsy. Second big minus is that play, stop and pause are the only fe...
by laughlinlvr
Mon Feb 04, 2019 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: No longer can cash Savings bonds in bank branches?
Replies: 21
Views: 5950

Re: No longer can cash Savings bonds in bank branches?

No problem cashing in series EE bonds at Wells Fargo on Monday afternoon.
by laughlinlvr
Tue Jan 22, 2019 11:45 am
Forum: Non-US Investing
Topic: Unplanned retirement dilemma [South Africa]
Replies: 19
Views: 2421

Re: Unplanned retirement dilemma [South Africa]

You might want to consider the equal-weight S&P500 ETF: RSP. It has out-performed the cap-weighted S&P500 funds in all its decade-and-a-half existence. (2018 may be an exception.) HOWEVER, in order to maintain its equal weighting, it is rebalanced every quarter. This throws off dividends every quart...
by laughlinlvr
Wed Jan 16, 2019 8:24 pm
Forum: Investing - Theory, News & General
Topic: The Worth Of A Man: A Tribute To John C. Bogle
Replies: 45
Views: 6419

Re: The Worth Of A Man: A Tribute To John C. Bogle

Thank you for this link. The opening line cannot be improved on IMO.
by laughlinlvr
Wed Jan 16, 2019 6:02 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58067

Re: John Bogle, who founded Vanguard and revolutionized retirement savings, dies at 89

David Jay wrote:
Wed Jan 16, 2019 5:23 pm
He could’a been a billionaire. Instead he made hundreds of thousands of us investors millionaires.
+1. It was my great privilege and honor to thank him in person for doing just that for me. His reply: “You’re not the only one.”
One of the greatest Americans of contemporary times.
by laughlinlvr
Thu Jan 10, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: Your Vanguard Page
Replies: 32
Views: 3311

Re: Your Vanguard Page

Hockey10 wrote:
Wed Jan 09, 2019 2:37 pm
I log in 4 times per year to Vanguard when the quarterly statements are ready.
+1
by laughlinlvr
Wed Oct 10, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: Grand Canyon (LV) - is $80 ticket price for Sky Walk worth it
Replies: 14
Views: 1469

Re: Grand Canyon (LV) - is $80 ticket price for Sky Walk worth it

I live nearby (in the winter). The "west rim" - actually the Hualapai reservation section of the southern rim - is the only practical destination by car or bus from Las Vegas if you plan to leave in the morning and return in the evening. My understanding of things at the Hualapai west rim is that vi...
by laughlinlvr
Thu Oct 04, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 216
Views: 17265

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

I lived and worked in Cary, NC for several years until relocating to eastern Idaho in 2015. Compared to SoCal (where my S-I-L lives) I would say NC has SoCal beat hands down in affordability of homes, culture (especially high culture), parking facilities and crime. Big downside is the humidity, whic...
by laughlinlvr
Tue Jul 17, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 18610

Re: New book based on Millionaire Next Door

HongKonger wrote:
Tue Jul 17, 2018 7:41 am

Ha ha - I guess that's the US version of the UK's "Fur coat and no knickers"
+1
by laughlinlvr
Mon Jun 25, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 40
Views: 3870

Re: Compliments for Vanguard?

A poster said that there's a difference in service between the regular customer with several thousand versus the customer with several million. Not in my experience. I have always gotten through to a representative quickly; their instructions were clear and their execution prompt. When I became a Fl...
by laughlinlvr
Fri Jun 22, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 23762

Re: Did you celebrate when you finally hit $1m?

Didn’t celebrate the milestone especially as it’s been my habit to celebrate new maximums in valuation as they came along.
What was very satisfying however, was adjusting the column width in my net worth spreadsheet to allow for the extra comma!
by laughlinlvr
Sat Apr 07, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 251
Views: 42473

Re: Is there a such thing as a blue collar Boglehead?

Don’t beat yourself up for not saving before your 30s if you have already learned to lbym. That’s the hard lifting. My career was in projects, so had to live with boom and bust cycle. Retired on 62nd birthday. Best thing about employment was becoming wealthier than supervisors. It made for interesti...
by laughlinlvr
Sat Mar 24, 2018 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for moving to NYC
Replies: 57
Views: 6206

Re: Tips for moving to NYC

I am wondering what kind of projects you will be involved with. If it’s construction then your hours need to be taken into account. I lived in Queens and worked construction for a couple of decades. Some additional points to consider that I haven’t seen already mentioned: North-South commutes in Que...
by laughlinlvr
Wed Dec 27, 2017 3:38 pm
Forum: Investing - Theory, News & General
Topic: Is anyone putting money aside into Gold?
Replies: 148
Views: 19200

Re: Is anyone putting money aside into Gold?

I haven’t seen on HGTV gold and silver bullion coins used for decorative purposes. I have been contemplating having the tile setter drill into the shower holes of the correct size so that gold and silver Eagles are displayed flush with the tile in the shower enclosure. I think it will make an intere...
by laughlinlvr
Mon Dec 26, 2016 1:55 pm
Forum: Investing - Theory, News & General
Topic: David Swensen says "never have anything weighted more than 30%"
Replies: 42
Views: 6814

Re: David Swensen says "never have anything weighted more than 30%"

In "Unconventional Success" in an otherwise very well reasoned, researched and presented book, Swenson states that the S&P500 Equal-weight ETF (ticker: RSP) is the worst way to invest in the broader market. To be fair, his argument focuses on tax efficiency. RSP has outperformed the S&P 500 in all o...
by laughlinlvr
Wed Aug 24, 2016 1:12 pm
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 83
Views: 11041

Re: Aug. 2017 US total eclipse hotel reservations.

Idaho Falls is also in the path of totality. We're high desert and so a good likelihood of cloud-free skies in August. We have lots of budget hotels, but in August the market is Yellowstone tourism. (Am not sure if path of totality passes through Boise.)
by laughlinlvr
Tue Jun 16, 2015 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Nice Milestone Reached Last Week
Replies: 41
Views: 9247

Re: Nice Milestone Reached Last Week

My congratulations too. BUT I want to pass on that you have now reached a metric beyond which your investment experience will more and more outweigh your savings prowess. Savings are very important, and you will need to keep them up. However, you will in all likelihood experience a time in which neg...
by laughlinlvr
Fri Jun 12, 2015 8:53 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2015!
Replies: 256
Views: 68377

Re: Roll Call for the Retirement Class of 2015!

August 7, 2015 for me.
by laughlinlvr
Mon Jun 08, 2015 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: close friend found out how much I have - bad outcome
Replies: 92
Views: 13991

Re: close friend found out how much I have - bad outcome

I'm in agreement that you you don't throw out decades of friendship over a lapse in judgment. Especially since you're the one whose judgement lapsed. What you got was a surprise from left field at what this new information did to your friend. Before taking any advice to forget the friendship and mov...
by laughlinlvr
Wed Feb 25, 2015 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Nasdaq Record High....
Replies: 25
Views: 3162

Re: Nasdaq Record High....

When the NASDAQ collapsed I queried a colleague on what he planned to do. He had only recently put all his retirement savings into tech mutual funds. (I seem to remember Janus was big back then.) He told me that he would wait for the "market" to come back and then he would sell. Over the past decade...
by laughlinlvr
Fri Jan 09, 2015 8:52 am
Forum: Personal Consumer Issues
Topic: Thinking about retirement - it's depressing
Replies: 80
Views: 18108

Re: Thinking about retirement - it's depressing

I want to pick up on the OP's title word: "depressing." To the OP: You may be facing a bout of depression. Classically, a depressive episode is often characterized by an inability to feel joy from things that formerly gave satisfaction. The OP should be alert to the fact that a depressive episode ma...
by laughlinlvr
Tue Jan 06, 2015 10:03 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2015!
Replies: 256
Views: 68377

Re: Roll Call for the Retirement Class of 2015!

Probably in the second half of 2015. Hope to transition from full-time employment to construction claims on a consulting basis.
by laughlinlvr
Fri Jan 02, 2015 11:04 am
Forum: Personal Investments
Topic: Last year before retirement more about spending than saving?
Replies: 38
Views: 2781

Re: Last year before retirement more about spending than sav

It's true for me. I think of it as a transitional period. Retiring without upping spending in the penultimate (or ante-penultimate) year would be too much like going cold turkey without earned income in retirement.
by laughlinlvr
Wed Oct 01, 2014 10:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard website almost nonresponsive?
Replies: 11
Views: 1047

Re: Vanguard website almost nonresponsive?

I used my backup plan for when I need updates on the road and am wary of using public wi-fi: I used Vanguard's telephone updates and balances services with a previous printout of my portfolio from their website.
by laughlinlvr
Tue Sep 23, 2014 8:51 am
Forum: Personal Finance (Not Investing)
Topic: dropping COBRA
Replies: 5
Views: 673

Re: dropping COBRA

I'm not an expert on these things, but I would advise caution. Here's what would concern me: should you lapse your health care coverage then you commence your new coverage with the need to reset the pre-existing exclusion period.
by laughlinlvr
Thu Sep 04, 2014 8:04 am
Forum: Personal Consumer Issues
Topic: Road Trip, New England to Cailfornia
Replies: 11
Views: 1754

Re: Road Trip, New England to Cailfornia

Recommend a trip on the Natchez Trace Parkway, which you can pick up west of Chattanooga in northern Alabama. From Natchez you could follow Big Muddy to New Orleans. You'll be near Angola State Prison (which may be of further interest to you) and the plantation country (which may not).
by laughlinlvr
Thu Jul 31, 2014 8:06 am
Forum: Investing - Theory, News & General
Topic: Huff Post: How Financially Literate Is the Investing Public?
Replies: 52
Views: 6165

Re: HUFF POST: How Financially Literate Is the Investing Pub

I missed #12 too. The question was badly framed. Option #1: In any type of IRA or 401(k) account, all of the money in your account grows tax free is a semantic difference. It actually grows tax-deferred. However, there is no "tax-deferred return" indicated on your quarterly 401k statements. The numb...
by laughlinlvr
Wed Jul 30, 2014 7:58 am
Forum: Personal Consumer Issues
Topic: Any engineers? Studying for Civil-Structural PE
Replies: 31
Views: 9577

Re: Any engineers? Studying for Civil-Structural PE

Very happy to read that there are other civil/structural engineers on this forum.
by laughlinlvr
Thu Jul 24, 2014 9:07 am
Forum: Personal Consumer Issues
Topic: Trip to OKC, what attractions to visit
Replies: 24
Views: 1560

Re: Trip to OKC, what attractions to visit

The National Cowboy Hall of Fame is much more than just cowboys. It's got great western art as well as exhibits on all aspects of cowboy culture (from rodeo rules to a barbed wire "library").
by laughlinlvr
Mon Jul 21, 2014 8:11 am
Forum: Investing - Theory, News & General
Topic: What to do in a market correction
Replies: 32
Views: 4312

Re: What to do in a market correction

magician wrote:
What, exactly, is a market correction?
Reminds me of what someone once said you could think of it as:

"Your portfolio has too much money. We're going to correct that."
by laughlinlvr
Thu Jul 17, 2014 8:42 am
Forum: Investing - Theory, News & General
Topic: Ways to lose money and destroy personal wealth by investing
Replies: 81
Views: 12082

Re: Ways to lose money and destroy personal wealth by invest

Invest in a mutual fund that delivers more in dividends than it costs in fees. I once heard this presented by a guru as: "It doesn't matter what you pay in fees. What matters is what the fund delivers."
by laughlinlvr
Mon Jul 14, 2014 8:58 am
Forum: Investing - Theory, News & General
Topic: "Stocks and shares," different things? "Peter Pan"
Replies: 40
Views: 9802

Re: "Stocks and shares," different things? "Peter Pan"

I've always understood it as a British/American thing. But like many terms that are supposedly used differently in the two places, they are blurred in their actual usage. I find the best way to think of them is generic/specific as mentioned in schuyler74's post. Here's an example: Q: "Do you own any...
by laughlinlvr
Fri Jul 11, 2014 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: The (unsung) top 5 list of things to take care of.
Replies: 5
Views: 1561

The (unsung) top 5 list of things to take care of.

Today's BBC Radio 2's popular call-in show featured its regular personal finance expert today. He was asked to come in and talk about the top 5 things to take care of in personal finance that aren't on regular top 5 lists. http://www.bbc.co.uk/programmes/b048j4cw (in 2nd hour) (I'm guessing that the...
by laughlinlvr
Wed Jul 02, 2014 12:46 pm
Forum: Personal Investments
Topic: IRA to Roth Conversion Deadline
Replies: 5
Views: 789

Re: IRA to Roth Conversion Deadline

The date you make the conversion sets the calendar year for tax reporting purposes. There's no Apr 15 of the following year available for tIRA to ROTH conversions.
by laughlinlvr
Tue Jul 01, 2014 11:17 am
Forum: Personal Finance (Not Investing)
Topic: do you lie about your finances to friends
Replies: 103
Views: 13105

Re: do you lie about your finances to friends

pennstater2005 wrote: If you are in decent shape and adequate on your own, it does make a lot of people displeased. It robs them of their audience for their gripes about how the world is rigged and it's impossible to take care of yourself. You are disqualifying yourself as a fellow traveler/complai...
by laughlinlvr
Tue Jul 01, 2014 9:28 am
Forum: Personal Consumer Issues
Topic: The Millionaire Next Door: Are You One?
Replies: 187
Views: 30437

Re: The Millionaire Next Door: Are You One?

Clark Howard went to an elementary school to talk to kindergartners about money. One of the questions he asked the children was: "What makes a person rich?" The kids were shouting out answers: "jewelry!", "swimming pool!", "mansion", etc... Clark just laughed, then told them: "No. Those are the thin...
by laughlinlvr
Fri Jun 27, 2014 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman or Dave Ramsey?
Replies: 85
Views: 19510

Re: Suze Orman or Dave Ramsey?

Alvin Hall, by a mile. Today's his birthday. (He's currently doing a radio documentary on those at the edges of the financial life. Who're in the closet if you like: those who look modest but are sitting on a large nest egg [millionaire next door types] to be followed by those who use bling while si...
by laughlinlvr
Thu Jun 26, 2014 7:42 am
Forum: Investing - Theory, News & General
Topic: Recorded Q&A with Rick Ferri and the RTP Bogleheads
Replies: 25
Views: 4362

Re: Recorded Q&A with Rick Ferri and the RTP Bogleheads

Rick, Thanks for the heads-up that Vanguard Total Bond Fund (VBTLX) does not contain any TIPS. As I'm approaching retirement I had recently began to change my aa to include a greater bond portion. I assumed that VBTLX would have TIPS in it given its name as you pointed out in your presentation. (You...
by laughlinlvr
Wed Jun 25, 2014 9:36 am
Forum: Personal Investments
Topic: PIMCO Negative AA - How to interpret?
Replies: 3
Views: 705

PIMCO Negative AA - How to interpret?

From the Portfolio tab - Sector Diversification table for PTTRX (PIMCO Total Return Fund Institutional) is the following allocation. Money mkt and cash are given as a negative number. The whole adds up to 100% if the negative number is included. But how to interpret having less than zero cash or mon...
by laughlinlvr
Tue Jun 24, 2014 12:01 pm
Forum: Investing - Theory, News & General
Topic: Recorded Q&A with Rick Ferri and the RTP Bogleheads
Replies: 25
Views: 4362

Re: Recorded Q&A with Rick Ferri and the RTP Bogleheads

Rick, Steve and RTP Bogleheads:

Excellent presentation. Thank you all so much.

(Steve - No gaps in the updated YouTube link. I heard everything and in good quality too.)