Search found 2272 matches

by Chip
Thu Nov 15, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 19
Views: 1628

Re: Portfolio decisions as we approach retirement

Chip, I'll get to reading those asap, but until then, did I lose out the past 3 years that she's been taking SS and I didn't take the spousal benefit, or would they make up for it when I do request it? You weren't eligible for a restricted application until you reached full retirement age, which I ...
by Chip
Thu Nov 15, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 19
Views: 1628

Re: Portfolio decisions as we approach retirement

:shock: No, I didn't know that! Would it be deducted against my future SS when I finally take it? I better give Social Security a call! Thanks for the heads up! No, there is no effect on your future SS. What you will be doing is called a restricted application for spousal benefits ONLY. You are abl...
by Chip
Thu Nov 15, 2018 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio decisions as we approach retirement
Replies: 19
Views: 1628

Re: Portfolio decisions as we approach retirement

I am 67 in a few months. My wife is 65 and is already taking SS (we have opposing views on when to collect!). The earliest I will begin taking SS is when I'm 68 (about $2,690/mo). om our investments from then on, in today's dollars, for a very decent, but not lavish, retirement. Do you realize that...
by Chip
Wed Nov 14, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: DCA – change of tune, loss of nerve, and how to time?
Replies: 23
Views: 1168

Re: DCA – change of tune, loss of nerve, and how to time?

What I would have a difficult time with is depositing 20% of our net worth on a Monday, and it being halved by Tuesday. If you were of the homo economicus species you wouldn't really care about the volatility of your risk portfolio since you're not going spend it. :D Seriously, you know the guy in ...
by Chip
Wed Nov 14, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: DCA – change of tune, loss of nerve, and how to time?
Replies: 23
Views: 1168

Re: DCA – change of tune, loss of nerve, and how to time?

Have you thought about changing the allocations in your risk portfolio? It would seem there is less need to take risk now. And apparently less desire. :D
by Chip
Wed Nov 14, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Cheap cell phone plans
Replies: 64
Views: 7332

Re: Cheap cell phone plans

At this point, it looks like on the tracfone site I could get 1.0 gb of data, then go to the checkout and find the option to add 365 Extra Service Days for $49.99, with tax would total $64.74. So at this point a new phone would cost a little more. This is how I extend my Tracfone service each year....
by Chip
Tue Nov 13, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Best Gutter Guard?
Replies: 15
Views: 1124

Re: Best Gutter Guard?

I posted about Elko GuttaGards in the long referenced thread. They've been on my house for 20 years and work nearly perfectly, with the exception of handling the flow at roof valleys. I've probably had to clean small blockages out of 7 gutters during that time. I don't have as many leaves as I did b...
by Chip
Mon Nov 12, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: How long have you had, or did you have, your HP-12C calculator?
Replies: 72
Views: 2689

Re: How long have you had, or did you have, your HP-12C calculator?

Once you get comfortable with RPN it's hard to use a basic arithmetical calculator. After a week or so, I went back to my trusty 12C... Another nice feature of RPN is that it makes your calculator less likely to "walk away". I take two calculators to my Tax-Aide volunteer gig -- the HP-12C for me a...
by Chip
Mon Nov 12, 2018 2:59 pm
Forum: Investing - Theory, News & General
Topic: Dividends and Tax Risk Adjustment
Replies: 9
Views: 399

Re: Dividends and Tax Risk Adjustment

Hi, and welcome. This means that when the market is down 50% you are still selling some percentage of your stock. I think, but I am not sure, most people on the board would say this is a bad time to sell stocks - though I guess this stumbles into market timing. In the case of dividends you have indi...
by Chip
Mon Nov 12, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Yearly Sanity Check
Replies: 7
Views: 1138

Re: Yearly Sanity Check

Thanks all,I appreciate the feedback. If I go ahead and pull the trigger on the S&P 500 fund, are there any implications I need to be aware of? I.e should I wait until we cross years so I can earn a dividend? My understanding is that reallocating ultimately does not matter since it’s within an unta...
by Chip
Mon Nov 12, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Yearly Sanity Check
Replies: 7
Views: 1138

Re: Yearly Sanity Check

1. I am starting to feel like the Target Retirement Fund is causing increasing complexity for me. I am considering moving that entire balance to purchase the Vanguard Instl 500 Index, since this essentially tracks the Vanguard Total Stock Market (I keep reading that the 80% of the Total Stock Marke...
by Chip
Mon Nov 12, 2018 5:02 am
Forum: Investing - Theory, News & General
Topic: Take taxes into account when rebalancing?
Replies: 44
Views: 2227

Re: Take taxes into account when rebalancing?

I guess I prefer to look at the value of my taxable account as the current market value, because I don’t plan to ever sell any of it. And the value of all of my income as it’s net value to me, after taxes. This seems more accurate that an adjustment to the asset value based on capital gains taxes t...
by Chip
Mon Nov 12, 2018 3:47 am
Forum: Personal Consumer Issues
Topic: How long have you had, or did you have, your HP-12C calculator?
Replies: 72
Views: 2689

Re: How long have you had, or did you have, your HP-12C calculator?

I think about 33 years, though I lost one and had to replace it. I still use it daily.
by Chip
Sun Nov 11, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: help with my investment
Replies: 5
Views: 689

Re: help with my investment

The fixed income is guaranteed at 3% only. [...] Would it be better if I transferred some of my funds from VOYA to Vanguard (I am allowed to transfer 20% ) and use that to purchase more TIPS? It would be premature for me to offer an opinion because I don't fully understand your fixed income product...
by Chip
Sat Nov 10, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: Evaluating placement of international funds using actual data
Replies: 6
Views: 480

Re: Evaluating placement of international funds using actual data

But no further detail is provided. Can you explain how to step through an analysis of whether it should be in taxable, Roth, or tax-deferred, preferably using Schwab's international index fund (SCHF) to illustrate? You can use triceratop's tax efficiency spreadsheet and plug in your own numbers. I ...
by Chip
Sat Nov 10, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Full Retirement Revamp and Planning for ER/FI.
Replies: 15
Views: 1248

Re: Full Retirement Revamp and Planning for ER/FI.

A few observations/clarifications: You can choose to buy either Vanguard mutual funds or ETFs at Fidelity. I believe it isn't wise to buy the funds because of the high commissions and lack of Admiral shares. But the Vanguard ETFs have only a $5 commission to buy/sell. For me that is essentially noth...
by Chip
Fri Nov 09, 2018 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: need help on picking SEP-IRA funds (fidelity)
Replies: 10
Views: 475

Re: need help on picking SEP-IRA funds (fidelity)

one question though - what's your opinion on doing 3 fund portfolio and then maybe just 1 of high performing managed funds? i like the idea of getting big returns short term... Who doesn't like big returns short term? If it were as easy as looking at past performance why wouldn't everyone do it? He...
by Chip
Fri Nov 09, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: need help on picking SEP-IRA funds (fidelity)
Replies: 10
Views: 475

Re: need help on picking SEP-IRA funds (fidelity)

gotcha. so i should try to find fidelity equivalent of VBTIX VINIX VTSNX ? i'll do that now. or maybe i should open a vanguard account? :confused https://www.bogleheads.org/wiki/Three-fund_portfolio#Other_than_Vanguard.2C_Boglehead-style You can buy the Fidelity funds shown or any of the ETFs. $4.9...
by Chip
Fri Nov 09, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: need help on picking SEP-IRA funds (fidelity)
Replies: 10
Views: 475

Re: need help on picking SEP-IRA funds (fidelity)

so just go all out index funds? 60% domestic 20% international 20% bonds like that? Umm, yeah. https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy#Use_index_funds_when_possible but honestly what's the point of having these managed funds? :confused They make money for the companie...
by Chip
Fri Nov 09, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: Point and shoot camera
Replies: 107
Views: 4104

Re: Point and shoot camera

I have an older Panasonic Lumix ZS-7. I've taken 13k+ pictures with it. I also have a phone with a good camera. I prefer the ZS-7 because of the controls -- for me it's much faster to frame the picture and adjust exposure/flash/etc than it is with the phone. I also use the 12x optical zoom extensive...
by Chip
Fri Nov 09, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Full Retirement Revamp and Planning for ER/FI.
Replies: 15
Views: 1248

Re: Full Retirement Revamp and Planning for ER/FI.

Hi, and welcome! Nice job on your first post. Home: $118K outstanding @ 4.625% matures 2043 (Payoff expected 2033 or earlier) Auto: $27K outstanding @ 2.39% matures 2022 Student Loan: $9700 @ 2.125% The mortgage is pretty expensive, over 1% more than equivalent bonds. Are you able to itemize deducti...
by Chip
Fri Nov 09, 2018 5:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard closure last week
Replies: 21
Views: 4660

Re: Vanguard closure last week

2015 wrote:
Fri Nov 09, 2018 2:12 am
Seriously, I don't understand why those unhappy with VG don't spend their time more productively by moving their accounts elsewhere as opposed to complaining.
I did. 14 years ago.

So I no longer complain. :D
by Chip
Fri Nov 09, 2018 4:49 am
Forum: Investing - Help with Personal Investments
Topic: need help on picking SEP-IRA funds (fidelity)
Replies: 10
Views: 475

Re: need help on picking SEP-IRA funds (fidelity)

It's important to buy funds with low expenses that are broadly diversified. While the high expense funds you picked performed well in the past , there's only a 50/50 chance they'll outperform in the future, before costs . After costs, in time, it's likely they'll underperform. So your smart bet is t...
by Chip
Thu Nov 08, 2018 5:21 am
Forum: Investing - Theory, News & General
Topic: year-end capital gains distributions
Replies: 6
Views: 820

Re: year-end capital gains distributions

I thought it would be on the fund research or info page but didn't think to Google it! I found it for Fidelity (which is what I was looking for). https://www.fidelity.com/mutual-funds/information/year-end Note that the Fidelity page only shows expected capital gains distributions even though it is ...
by Chip
Wed Nov 07, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: TLH VTEB to Treasury note?
Replies: 1
Views: 166

Re: TLH VTEB to Treasury note?

Since it's only 5% it doesn't matter what you do.

If it were me, since bonds are much less volatile than stocks I would just go to the money market for 31 days. I would not do that with stocks.
by Chip
Tue Nov 06, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: Creating your own dividends vs High dividend fund
Replies: 10
Views: 1127

Re: Creating your own dividends vs High dividend fund

Full disclosure, i'm 60/40 stocks/bonds in my taxable account. 70/30 split between Total stock and total international on the stock side. The 40% in bonds is split 50/50 between intermediate muni and high yield muni. Not really enough money in there yet to worry about a 20% drop or more in the high...
by Chip
Tue Nov 06, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: help with my investment
Replies: 5
Views: 689

Re: help with my investment

Hi, and welcome! 1. Please evaluate my current situation and any suggestions to improve / enhance planning for retirement investments will be appreciated. Will be working on addressing the Oakmark funds. If you've been reading the forum you've probably seen the many recommendations for the three fun...
by Chip
Mon Nov 05, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: Portfolio management by age
Replies: 10
Views: 787

Re: Portfolio management by age

Simply put I do not want to sell shares because I do not want to to be selling in a down market and incur a permanent loss of capital. I am not interested in " investing to maximize total return" as delamer puts it. As my OP opined,,the BH philosophy seems to only apply to accumulation stage of lif...
by Chip
Mon Nov 05, 2018 4:49 am
Forum: Investing - Help with Personal Investments
Topic: Total cost of Vangaurd ETFs when buying from Fidelity
Replies: 25
Views: 950

Re: Total cost of Vangaurd ETFs when buying from Fidelity

Hi Bogleheads, What are you thoughts on buying vanguard ETFs from fidelity? From Fidelity's site I see that I would have to pay 4.95$ per trade (no matter the amount), and a commission fee of 0.03$ per 1000$ principal. So this won't amount to much, but I can never tell. [...] 1. Is trading Vanguard...
by Chip
Sun Nov 04, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: NUA [Net Unrealized Appreciation]
Replies: 8
Views: 409

Re: NUA [Net Unrealized Appreciation]

A scenario for P&G is presented here http://www.krosnowskiandscott.com/pdfs/PROCTORGAMBLE.pdf That report is boilerplate with [name of company] inserted in the appropriate places. Otherwise I would think they would spell ProctEr & Gamble correctly. They have what appear to be identical reports on 2...
by Chip
Sun Nov 04, 2018 7:26 am
Forum: Investing - Help with Personal Investments
Topic: FSTVX -> FSKAX
Replies: 15
Views: 1448

Re: FSTVX -> FSKAX

Cost basis info for FSKAX has been updated in my taxable account. It appears correct to the penny.
by Chip
Sat Nov 03, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX -> FSKAX
Replies: 15
Views: 1448

Re: FSTVX -> FSKAX

Note that it's listed in your account as a merger and the number of shares you have changed very slightly.

I calculated from my account that for every 1000 shares of FSTVX I now have 1000.1658 shares of FSKAX.
by Chip
Sat Nov 03, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]
Replies: 48
Views: 3097

Re: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]

I get what you are saying but what about when you seel the fund down the road and have large capital gains? Does this eat up the savings on taxes. Also, for someone retired and still in the same tax bracket 24% or higher. If you sell you only pay extra capital gains taxes on the amount you TLH. Tak...
by Chip
Sat Nov 03, 2018 4:51 am
Forum: Investing - Theory, News & General
Topic: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]
Replies: 48
Views: 3097

Re: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]

Let’s assume I have $10m in equities and another $10m in fixed income and another $10m in alternative assets and a privately owned business. $1,000 is a rounding error. Let's further assume you're walking out to your private jet and there's a $100 bill lying on the tarmac. Do you bother to bend ove...
by Chip
Sat Nov 03, 2018 3:41 am
Forum: Investing - Theory, News & General
Topic: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]
Replies: 48
Views: 3097

Re: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]

Good point if you are making mistakes is investing and trading to much. But I thought the idea was to be a long term investor. 50k loss. you really need to check your investment stategy. Thats 16 years of TLH. Better not make any more mistakes. You need a better understanding of TLH. The proceeds f...
by Chip
Fri Nov 02, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]
Replies: 48
Views: 3097

Re: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]

Sounds like an awful lot of work to save $210 over the course of 25 years. That’s what....$8 a year? If everything works exactly as planned? Nice try at framing it in the worst possible light. Note that you save $660 in taxes NOW. You will have to pay back the $450 in the future IF you sell. That s...
by Chip
Fri Nov 02, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]
Replies: 48
Views: 3097

Re: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]

Rarely, if ever, do I recommend TLH. If you think about it, all you’re doing is reducing your basis. So you’re really just kicking the can down the road, because when you sell that asset in the future, you’ll have a higher gain, and wind up paying back all that money that you thought you saved. The...
by Chip
Fri Nov 02, 2018 5:13 am
Forum: Investing - Theory, News & General
Topic: Roth conversion strategy
Replies: 19
Views: 2103

Re: Roth conversion strategy

In December, I estimate my total income from all sources and any deductions for the following year. I then enter those numbers in TaxCaster to determine how much headspace I will have for Roth conversions. I then convert 75% of that amount in January and top it off in December when I know my final ...
by Chip
Wed Oct 31, 2018 6:51 am
Forum: Personal Consumer Issues
Topic: Tire rotation - low mileage car
Replies: 36
Views: 1915

Re: Tire rotation - low mileage car

Any comments as to how often to rotate tires with such limited annual mileage? Normally about 4,500 miles per year prior to this accident. In your situation I wouldn't pay to rotate until about 10,000 miles. If rotation is "free", then there's no harm, of course. With such low annual mileage you wi...
by Chip
Tue Oct 30, 2018 7:04 am
Forum: Personal Consumer Issues
Topic: Tire rotation - low mileage car
Replies: 36
Views: 1915

Re: Tire rotation - low mileage car

I rotate based on tread wear, not mileage. If the fronts (FWD car) have 1/32" less tread than the back, I rotate. I measure tread every 5k miles or so. I just checked my Accord a few weeks ago, expecting to have to rotate. But all 4 tires had essentially the same amount of tread, despite 15k miles s...
by Chip
Tue Oct 30, 2018 6:56 am
Forum: Personal Consumer Issues
Topic: Does your Capital One 360 reimburse international ATM?
Replies: 42
Views: 2284

Re: Does your Capital One 360 reimburse international ATM?

It appears, however, based on these anecdotes, in answering my question the CSR applied the 1% FTF for their debit card purchases to ATM transactions as well. Yes. There is plenty of evidence in prior threads here that the Fidelity reps get it wrong. They probably read from the same terms & conditi...
by Chip
Tue Oct 30, 2018 6:34 am
Forum: Personal Finance (Not Investing)
Topic: NUA, (Net Unrealized Appreciation), tax forms
Replies: 16
Views: 1170

Re: NUA, (Net Unrealized Appreciation), tax forms

My intent is to pay ordinary income tax on the the cost basis of the stock which will be 35% and long term capital gains tax of 15% after I sell, (I’m aware of any gain from selling less than one year from the transfer will be ordinary income). Cost basis is appx. 20K and market value is appx. 240K...
by Chip
Mon Oct 29, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: What would you call this kind of cord?
Replies: 24
Views: 1549

Re: What would you call this kind of cord?

nisiprius wrote:
Mon Oct 29, 2018 10:25 am
Oh, I don't actually need one. I have at least four extras because I always keep the cord when I recycle old computer equipment.
Darn. I was going to send you one of the four extras that I have. :D
by Chip
Mon Oct 29, 2018 6:46 am
Forum: Personal Consumer Issues
Topic: Anyone using Pillpack?
Replies: 12
Views: 1762

Re: Anyone using Pillpack?

No experience with Pillpack. It's an interesting idea. I don't know how your parents' assisted living place works, but my mother's place required that ALL medications go through their dispensing service if ANY of them did. Including OTC meds. They would check her apartment on a semi-regular basis to...
by Chip
Mon Oct 29, 2018 6:31 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation & Investment Advice
Replies: 3
Views: 515

Re: Asset Allocation & Investment Advice

1. General checkup for asset allocation & tax efficiency. Are currently maxing all tax-advantaged accounts and additional contributions are going to taxable brokerage acct. Any other suggestions for savings other than brokerage acct? 2. We have many accounts and various stocks left over from the “y...
by Chip
Mon Oct 29, 2018 3:53 am
Forum: Personal Finance (Not Investing)
Topic: NUA, (Net Unrealized Appreciation), tax forms
Replies: 16
Views: 1170

Re: NUA, (Net Unrealized Appreciation), tax forms

We will also be making an NUA-qualifying distribution in early 2019. My plan for many years was to do as you're suggesting -- take all of the company stock to a taxable account and then sell the amount desired at favorable capital gains rates. However, I've recently done a more in-depth analysis and...
by Chip
Sun Oct 28, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Whats with all the FUD here? [market volatility]
Replies: 42
Views: 4280

Re: Whats with all the FUD here?

Thanks to your comment, I ended up spending couple of hours going through the posts from 2008. Surely, good learning for the day. If you have any specific posts from 2008 you were referring to, please do share. Sheepdog's thread from that time period should not be missed. He did the entire Boglehea...
by Chip
Sun Oct 28, 2018 6:24 am
Forum: Investing - Help with Personal Investments
Topic: How to balance tax efficiency, simplicity, and risk with multiple accounts
Replies: 6
Views: 708

Re: How to balance tax efficiency, simplicity, and risk with multiple accounts

I think you're already at 90%+ with a good savings rate, reasonable allocation and low cost funds. There are many extremely costly mistakes that can be made in those areas and you are avoiding them. I consider TLH optional. But it is easy to do and basically free money. Just learn how to do it (and ...
by Chip
Sun Oct 28, 2018 5:24 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 131
Views: 8450

Re: When to change tires; and what brand

I had Michelin tires on my 99 Honda Accord. They wore out at 35k miles in 2 years. Been using Yokahama's ever since. They last longer and have much lower road noise. I have Michelin tires on my 2013 Accord. They have 30k miles on them after two years and still have 6/32" to 7/32" of tread left (out...