Search found 477 matches

by mcblum
Sun Oct 20, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Planning to take some money out of roth ira
Replies: 22
Views: 2454

Re: Planning to take some money out of roth ira

I am retired.
I take the interest thrown off by my Roth IRA which amounts to several hundred dollars. No change in share amounts. And is non-taxable.
Marty
by mcblum
Mon Oct 14, 2019 7:51 am
Forum: Investing - Theory, News & General
Topic: How often do you look at your IRA or 401K Balances
Replies: 71
Views: 5764

Re: How often do you look at your IRA or 401K Balances

i have now been investing for thirty years. When starting out, i called my fund every evening to see what was happening. Because of my small portfolio, it would go up or down, maybe, a dollar. When we got our first computer and internet hookup, it was easier. I still check everyday at about 6:30 pm....
by mcblum
Tue Oct 08, 2019 9:12 am
Forum: Personal Consumer Issues
Topic: Keeping fleas out of the house
Replies: 21
Views: 1446

Re: Keeping fleas out of the house

the problem with flea collars is that they are at the wrong end of the dog. If the poor guy is healthy with no underlying problems, go with the systemic pills. this worked for us.
by mcblum
Tue Oct 08, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 121556

Re: What frugal thing did you do today?

reinvested my RMD.
by mcblum
Sun Oct 06, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Simple approach to retirement finances?
Replies: 15
Views: 1993

Re: Simple approach to retirement finances?

you may consider yourself as having solved a part of your dilemma by writing down a list. I always found this helps to defang large numbers of tasks. I don't know how old you are, but you also don't have to get everything done by next Monday morning. Take your time and take advantage of the stellar ...
by mcblum
Thu Jun 27, 2019 6:22 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 25582

Re: Crypto bulls are back. Are you getting in?

Nope. I do not understand it. It seems i wouldn't really get anything i don't have already. I have a good banking system; a credit card, always empty, paid off house; and the amazing fruits of thirty years of steady investing.I'm retired and creeping up on my second comma. With the investing in M/Fs...
by mcblum
Thu Jun 06, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distributions
Replies: 61
Views: 5860

Re: Required Minimum Distributions

Hi there. I have been taking RMDs for the past two years and will take my third-a single payment- on October 1st. Vanguard lets you withhold any amount. I live in Maryland and have 25 % taken out for federal with-holding and 6% for state. The net is reinvested in my taxable. Works for me. Marty
by mcblum
Mon Jun 03, 2019 6:42 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11184

Re: How did you all do in the month of May, 2019

down about 2.3% from my high early in May but still up about 5.8% for the year.
Marty
by mcblum
Mon May 27, 2019 6:19 pm
Forum: Personal Investments
Topic: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?
Replies: 29
Views: 8659

Re: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?

Sounds awful complicated. Bogle philosophy of simplicity and patience has worked for me for almost thirty years.
Marty
by mcblum
Mon Apr 08, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: Solution for a thick wallet
Replies: 58
Views: 5899

Re: Solution for a thick wallet

I have a leather phone wallet made by Shieldon for my iPhone six. In it, i carry : Driver's License Library card ATM card several one dollar bills these are the most used cards I also carry a very small wallet with all my other cards and larger bills if i have them. This is the most practical way fo...
by mcblum
Sun Apr 07, 2019 9:46 am
Forum: Personal Investments
Topic: Bank deregulation 2019
Replies: 10
Views: 1057

Bank deregulation 2019

this is not a political Rant or question as such. However, The headline in the washington post (4/7/2019) referred to bank deregulation. As I lived through the last down turn by not doing anything except regular investment and some re-balancing, my question is what can B/H ers do to make it less unc...
by mcblum
Sat Apr 06, 2019 8:08 am
Forum: Personal Investments
Topic: Bonds in taxable account?
Replies: 45
Views: 4360

Re: Bonds in taxable account?

in 2009, i retired from the federal government and immediately became a contractor. I had been contributing to the thrift plan and to a Roth IRA for years which i continued. With the contract position, my income doubled and i had way more cash than i needed for the limited contributions to my Roth a...
by mcblum
Thu Apr 04, 2019 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Federal tax refund? What are you doing with it?
Replies: 54
Views: 2750

Re: Federal tax refund? What are you doing with it?

this is a two parter:
We got a HUGE tax return this year. I gave half to my wife and rolled my half into my taxable account.I have no problems with over-withholding.

In October, I will take my RMD and also roll the remainder into the taxable.
It's all good.
Marty
by mcblum
Wed Mar 27, 2019 4:30 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1082
Views: 121556

Re: What frugal thing did you do today?

Drive by the Dunkin Donuts shop on the way home.
M
by mcblum
Fri Mar 22, 2019 12:35 pm
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 6041

Re: Do you still wear a necktie to work?

Last time i wore a tie was on 3/12/1967, my first day in the lab. For the last 17 years, I wore shorts and polo shirts. clothes do not make the man.
after fifty years on the job, i went to my retirement party in shorts and running shoes. I am happy the way things turned out.
by mcblum
Fri Mar 08, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4128
Views: 1177098

Re: What Book Are You Currently Reading? Part VI

Believe it or not, "All the President's Men" by Bernstein and Woodward. Saw the movie yesterday. No computers or cell phones!
they got the job done.
All the best, Marty
by mcblum
Fri Jun 15, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 14161

Re: Which boglehead rule do you break--and are ok with

For almost 30 years, I have followed the principles of the BHers with astounding results. Having retired last fall, I wonder if my fellow BH retirees have made any changes in their investment theories. Thanks, marty
by mcblum
Tue Mar 20, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 249
Views: 39873

Re: Those with high savings rate: why?

My savings rate was extremely high (50%) of take home, because I started very late with investing at age 48. It paid off but i had to work until 74. Early starts are best.
Marty
by mcblum
Wed Feb 21, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: A frugal, alternative family vacation
Replies: 59
Views: 15102

Re:

You must be going to the ritzy part of the Outer Banks--Duck or Corolla or renting a mini-mansion or something? Try the southern part of the outer banks--about 40 miles south of Nags Head is the town of Avon NC--the mini-mansions with dual master suites, media rooms, etc., will be in the $4K and up...
by mcblum
Fri Jan 05, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: "The Boglehead Philosophy"
Replies: 8
Views: 1579

Re: "The Boglehead Philosophy"

In regards to the insightful ten points, How would they be stated for the recently retired?
Regards to all and Happy New Year?
by mcblum
Fri Nov 24, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4128
Views: 1177098

Re: What Book Are You Currently Reading? Part VI

thanks. I've read Ill met by Moonlight. Not a bad movie, either. Dirk Bogarde if i'm not mistaken.
Marty
by mcblum
Fri Nov 24, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4128
Views: 1177098

Re: What Book Are You Currently Reading? Part VI

Patrick Leigh Fermor's Time of Gifts. This is the first volume of his trilogy, the 1933 walk across Europe at 18 years of age.
Fermor became a war hero when his team of SOE operatives captured a German general in Crete and, despite hot pursuit, spirited him to Alexandria, Egypt. Great read!
marty
by mcblum
Fri Nov 10, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 50942

Re: Did you tell anyone you paid off your mortgage?

We paid off our mortgage about three years early. It was one of our goals prior to retiring. I remember telling everyone I knew about it. I was congratulated by all. That was two years ago. I don't mention it any more as it is old news.
Marty
by mcblum
Mon Nov 06, 2017 11:08 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2017!
Replies: 325
Views: 70798

Re: Roll Call for the Retirement Class of 2017!

Both of us went out on September 29th of this year. My last year was good; no problems. I trained a successor but wanted more time to do it. Anyway, I had planned for this event for thirty years, and have met every goal that I set. I have not felt this good, mentally, since the mid '60s. My best to ...
by mcblum
Mon Oct 02, 2017 6:03 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 19471

Re: Why do you LBYM? Why do you save and invest?

Wife and I just retired on 9/29. LBYM and Long term investment were a means to smooth out the peaks and valleys in our lives.
Marty
by mcblum
Sun Sep 03, 2017 7:24 am
Forum: Investing - Theory, News & General
Topic: [Bitcoin] question
Replies: 131
Views: 14200

Re: [Bitcoin] question

My brother asked me if i knew anything about bit coins and i told him i was hazy about the term. I looked it up on Wickipedia, read the long article three times and still did not understand it. Seems like rank speculation in something with no real value or use. Even gold is better. I try to learn ab...
by mcblum
Sat Sep 02, 2017 7:02 am
Forum: Personal Investments
Topic: Financial reading website with regular updates
Replies: 19
Views: 5213

Re: Financial reading website with regular updates

This site is, hands down, the BEST investment/retirement site i have found. I also use Morningstar for technical purposes (daily index numbers) and to read some of the editors general comments. I used to get some of the mutual fund mags, but stopped when i saw they were repeating themselves over and...
by mcblum
Sat Sep 02, 2017 6:43 am
Forum: Investing - Theory, News & General
Topic: Do you reinvest your dividends/capital gains?
Replies: 76
Views: 11771

Re: Do you reinvest your dividends/capital gains?

Wife and I are retiring at end of September. We are both going to take dividends from Roth IRA (both VBILX/intermediate bond fund) in cash. Principle will stay same ; less will be taken out of taxable and RMD as usual.
Marty
by mcblum
Mon Jul 10, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: how to destroy hard disk with personal info
Replies: 99
Views: 11920

Re: how to destroy hard disk with personal info

ball peen hammer...
by mcblum
Tue Apr 25, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: DIY Yard Tick Spray?
Replies: 32
Views: 3523

Re: DIY Yard Tick Spray?

Whats amazing is that you can get a Lyme vac for your dog but not for yourself. marty
by mcblum
Fri Mar 10, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 99
Views: 11136

Re: cost of Solar Power

thanks. That's a shocker, I had no idea it was that expensive.
Marty
by mcblum
Fri Mar 10, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 99
Views: 11136

cost of Solar Power

We have a townhouse in Montgomery county ,Maryland. I am interested in what the cost would be to install solar panels. I don't want to go to a solar web site before I know the ball park figure.
Can someone help? Thanks, Marty
by mcblum
Sun Mar 05, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: Downsides to Living in Same Neighborhood Entire Life?
Replies: 17
Views: 2979

Re: Downsides to Living in Same Neighborhood Entire Life?

I was born in Washington,DC in 1943. My parents made the big move to the suburbs in 1947. Silver Spring was the frontier back then. They spent the rest of their lives in an area of about 1/2 miles-three different houses. Though they traveled all over this country and the world, they always came back...
by mcblum
Fri Feb 10, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4156
Views: 798073

Re: What's Your Credit Card Rewards Strategy?

Nothing. Stay out of debt. Use cards as little as possible. Pay of immediately.
by mcblum
Sat Feb 04, 2017 7:26 am
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 60808

Re: Any books really change your outlook on life?

these two books have made me what I am. Read at a very young age; I don't know if you can find them today.

Hendryk Van Loon "The Story of Mankind"

Paul De Kruff :Microbe Hunters"

Marty
by mcblum
Fri Feb 03, 2017 10:58 am
Forum: Investing - Theory, News & General
Topic: Calculating returns
Replies: 5
Views: 774

Re: Calculating returns

if i have more at the end of the year than at the beginning, I'm happy....
by mcblum
Mon Jan 23, 2017 10:28 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2017!
Replies: 325
Views: 70798

Re: Roll Call for the Retirement Class of 2017!

wife and i are going out on October 1st/2017
Marty
by mcblum
Tue Jan 17, 2017 11:03 am
Forum: Personal Investments
Topic: mirror image of VBINX
Replies: 6
Views: 730

Re: mirror image of VBINX

thanks to all. Marty
by mcblum
Tue Jan 17, 2017 6:56 am
Forum: Personal Investments
Topic: mirror image of VBINX
Replies: 6
Views: 730

mirror image of VBINX

I'll be retiring on October 1st of this year and need a mirror image of the Vanguard Balanced Fund (VBINX)
Something with 40% Stock and 60% Bonds. Wellesley is okay but with to few stocks. Any suggestions?
thanks, marty
by mcblum
Fri Jan 13, 2017 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 158
Views: 25054

Re: Best Financial Moves You've Made

selling my college class ring and buying my 1st mutual fund in 1991.
marty
by mcblum
Tue Dec 27, 2016 2:40 pm
Forum: Personal Consumer Issues
Topic: Study Table for kids
Replies: 16
Views: 1455

Re: Study Table for kids

Buy a door made from Luan Mahogany and four screw-on legs. Good to go!
Marty
by mcblum
Sat Dec 03, 2016 8:47 am
Forum: Investing - Theory, News & General
Topic: Forget the 4% safe withdrawal rule -- use RMDs instead.
Replies: 46
Views: 8049

Re: Forget the 4% safe withdrawal rule -- use RMDs instead.

first of all, with taxable, tax deferred and tax free sub-portfolios, you may have different tax solutions. This can save you money over just your w/d from TRIA or 401k. secondly, when your RMD passes 4% of your portfolio, pay taxes and put surplus in taxable. This is what I plan to do starting next...
by mcblum
Mon Nov 21, 2016 2:50 am
Forum: Personal Consumer Issues
Topic: Fountain Pens - Do you use one?
Replies: 104
Views: 12067

Re: Fountain Pens - Do you use one?

Brings back memories of elementary school in the early fifties. Ball points were just coming into fashion and they leaked like hell and were expensive. All the students in my 2nd and third grade classes had fountain pens. Most had Esterbrooks with a few Parkers.We all had those bottles with the litt...
by mcblum
Sat Oct 29, 2016 8:00 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 337
Views: 327399

Re: A time to EVALUATE your jitters

I'd rater be down 7.5% than 15%
Marty
by mcblum
Sat Oct 29, 2016 7:45 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 337
Views: 327399

Re: A time to EVALUATE your jitters

A wonderful post!
Bonds!!? Those stinking' Bonds!!? I've never been so happy to have my Bonds. I might rebalance in November if it needs it
thanks, Marty
by mcblum
Wed Sep 28, 2016 4:10 am
Forum: Investing - Theory, News & General
Topic: What stocks can I buy when it comes to Marijuana?
Replies: 56
Views: 12546

Re: What stocks can I buy when it comes to Marijuana?

zig-zag papers. Gonna go through the roof....
by mcblum
Mon Aug 22, 2016 3:16 pm
Forum: Personal Consumer Issues
Topic: What is your system for dealing with coins?
Replies: 123
Views: 12143

Re: What is your system for dealing with coins?

What do you guys do with your foreign coins? I have a bunch from several countries when I traveled there before the Euro. Plus I just got a bunch more pound and two pound coins and various other coins from England. The local US banks will not change coins. Any suggestions? Many years ago, before th...
by mcblum
Thu Jul 28, 2016 1:31 pm
Forum: Personal Consumer Issues
Topic: Driving - Yielding/Right of Way at Uncontrolled 4 Way Intersection
Replies: 34
Views: 5175

Re: Driving - Yielding/Right of Way at Uncontrolled 4 Way Intersection

4 way intersection, no signs or signals? I would always assume any other drivers will not stop, so I wait until I know can get thru safely (clear or waved thru). I never assume what any other driver will do. I only know what I will do. Oh absolutely!. I yield to everyone and everything; even chicke...
by mcblum
Tue Jun 28, 2016 2:59 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4128
Views: 1177098

Re: What Book Are You Currently Reading? Part VI

I'm about half way through Patrick O'Brian's Aubrey/Maturin series. "Gives you Joy"
Marty
by mcblum
Sun Jun 26, 2016 7:55 am
Forum: Investing - Theory, News & General
Topic: What did you learn from the post-Brexit bloodbath?
Replies: 145
Views: 17359

Re: What did you learn from the post-Brexit bloodbath?

I guess that it is a good thing that it happened on the Friday. Gives people two whole days to calm down. I lost about 1.7%. There is the chance that losses will continue but I will be DCAing every month as usual so I am OK.
Marty