Search found 606 matches

by Van
Thu May 23, 2019 7:17 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite High-Yield Bond Funds?
Replies: 23
Views: 2236

Re: Your Favorite High-Yield Bond Funds?

Vanguard Prime Money Market Fund. :happy Everyone is a comedian.
by Van
Tue May 21, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Guanteed check from Vanguard?
Replies: 2
Views: 541

Guanteed check from Vanguard?

Does Vanguard issue anything like a cashier's or certified check on one of its money market accounts? I need a "guaranteed" check to pay for a car. I think I need to transfer funds to my bank and then ask them to do the guaranteed check. But I'm hoping I'm wrong and Vanguard provides such a service ...
by Van
Mon May 13, 2019 2:20 pm
Forum: Personal Consumer Issues
Topic: Heating with propane?? Good idea?
Replies: 38
Views: 1960

Re: Heating with propane?? Good idea?

We have a hybrid heat pump/propane system. When the propane is on, it feels noticeably warmer in the house at a given temperature setting than when the heat pump is operating. Also, the propane system heats up the house much quicker than the heat pump. However, the propane gets very expensive during...
by Van
Thu May 09, 2019 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Disability: Fibromyalgia
Replies: 31
Views: 3537

Re: Social Security Disability: Fibromyalgia

Thanks very much to those that have replied so far. Very Helpful.

I kind of knew this would not be easy with a condition like fibromyalgia. There is no specific medical test or marker to establish the diagnosis. It is, to some extent, a diagnosis by exclusion.

Van
by Van
Thu May 09, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Disability: Fibromyalgia
Replies: 31
Views: 3537

Social Security Disability: Fibromyalgia

My son is 50 years old and has fibromyalgia. Getting a "regular" job is problematic, since the fibromyalgia flare ups are unpredicatable. During a flare up, almost any kind of work is out of the question. I wonder if he might be eligible for disability benefits via Social Security? My understanding ...
by Van
Tue May 07, 2019 6:01 am
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 13557

Re: I tried to fire my financial advisor of 12 years today...

This guy has been robbing you blind charging 1.5% per year and you feel bad about pulling the plug?

Come on man!
by Van
Mon May 06, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor
Replies: 49
Views: 4566

Re: Buying a house without a realtor

I have bought two houses and sold one without the involvement of a realtor being involved.

The title company handles all of the paperwork. As long as you pay close attention to the numbers, it is pretty straight forward.
by Van
Tue Apr 09, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: How Much Do You Pay For Haircut?
Replies: 115
Views: 6521

Re: How Much Do You Pay For Haircut?

$30 + $10 tip every 5 weeks.
by Van
Thu Mar 28, 2019 9:44 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 845
Views: 85386

Re: What frugal thing did you do today?

Took my wife to lunch. Very cheap way to amass some "honey points".
by Van
Tue Mar 26, 2019 9:32 am
Forum: Personal Investments
Topic: Baby Boglehead - Investing after "winning the game"
Replies: 42
Views: 7765

Re: Baby Boglehead - Investing after "winning the game"

I "won the game" some time ago. I'm 77 years of age now. My allocation is 25% stock (mostly total stock market index with the rest coming from the stock portion of Wellsley), 70% "bonds" (about half in a 5 year CD ladder and half in intermediate term municipal bonds) and 5% in cash (money market fun...
by Van
Sat Mar 23, 2019 11:12 am
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 6979

Re: When your responsibility to your children ends?

According to a long-time, now deceased, friend of mine: "It's a life-time sentence."
by Van
Wed Mar 06, 2019 6:15 pm
Forum: Personal Investments
Topic: Pension or lump sum?
Replies: 35
Views: 2951

Re: Pension or lump sum?

I took a pension, mainly because of the 50% survivor's benefit for my wife. She is almost 10 years younger than me, and we had recently built a new home. I did not want to pass on down the road and leave her with the mortgage to handle on her own. I'm not sure 25 years later that it was the right de...
by Van
Sat Mar 02, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: BH could you live off your SS benefit?
Replies: 141
Views: 7182

Re: BH could you live off your SS benefit?

No, not even close. I feel fortunate to not have to even consider the proposition.
by Van
Wed Feb 20, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 205
Views: 12113

Re: Do others dislike Vanguard's new website as much as I?

My goodness. Nothing more important to be concerned about?
by Van
Mon Feb 18, 2019 6:09 pm
Forum: Personal Investments
Topic: “Won the Game” how do you know?
Replies: 96
Views: 8233

Re: “Won the Game” how do you know?

I'm 77 years old. If I live for 20 more years and spend $350,000 of principal each year and never make a nickle on my investments, I would be broke. Game over.
by Van
Sun Feb 17, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: What net worth supersedes Bogleheads’s strategy
Replies: 123
Views: 10441

Re: What net worth supersedes Bogleheads’s strategy

If you have lived a Boglehead life up to retirement, is there any point in having more than 5 million?
by Van
Wed Jan 30, 2019 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Financial goals for 2019 (specific)
Replies: 83
Views: 7670

Re: Financial goals for 2019 (specific)

Not to loose money, as I did last year.
by Van
Fri Jan 18, 2019 4:52 pm
Forum: Personal Investments
Topic: VTEAX Tax Exempt Bond Index Fund
Replies: 8
Views: 1214

Re: VTEAX Tax Exempt Bond Index Fund

alec wrote:
Fri Jan 18, 2019 3:10 pm
If you’re buying directly from Vanguard, why not just do the Int Term Tax Exempt admiral fund. The fund appears very similar to VTEAX.

No purchase fee and no ETF?
Similar but certainly not identical. VTEAX is an index fund, whereas the Int. Term TE is not. Different durations etc.
by Van
Thu Jan 17, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 51563

Re: John Bogle has died at age 89

A great man.
by Van
Tue Jan 15, 2019 9:11 pm
Forum: Personal Investments
Topic: Secondary Issue CDs: Is Commission Deductible?
Replies: 2
Views: 221

Re: Secondary Issue CDs: Is Commission Deductible?

Thanks for the reply.

So you are saying that the commission is just "folded" into the premium or discount and is not treated as a separate entity. That would seem to keep it simple.
by Van
Tue Jan 15, 2019 2:11 pm
Forum: Personal Investments
Topic: Secondary Issue CDs: Is Commission Deductible?
Replies: 2
Views: 221

Secondary Issue CDs: Is Commission Deductible?

I know that any Premium paid at purchase for a CD can be amortized and deducted from interest received. I think Accrued Interest paid for at purchase can be deducted as a lump sum from interest received. What about a Commission paid to the brokerage? Is that also deductible from interest received? I...
by Van
Sun Jan 13, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: Question about FDIC insurance
Replies: 21
Views: 1381

Re: Question about FDIC insurance

Thanks so much for starting this thread. With a very substantial portion of my portfolio in CDs, I was sleeping soundly thinking the principal was rock solid safe. Now I'm not so sure.
by Van
Fri Jan 11, 2019 7:45 am
Forum: Personal Investments
Topic: Tax concerns about buying CDs at discount/premium
Replies: 8
Views: 524

Re: Tax concerns about buying CDs at discount/premium

Thanks to the responders. Very helpful.

Among other misconceptions, I was incorrectly equating original issue discount with market discount.

Van
by Van
Thu Jan 10, 2019 11:46 am
Forum: Personal Investments
Topic: Tax concerns about buying CDs at discount/premium
Replies: 8
Views: 524

Re: Tax concerns about buying CDs at discount/premium

Van, If your brokerage account is with Fidelity, you will be provided with all the tax information you need. In the old days, an investor had to calculate premium amortization and discount accretion. But it is the brokerage’s responsibility now. I don’t know anything about VBS. BTW, you won’t get a...
by Van
Thu Jan 10, 2019 11:23 am
Forum: Personal Investments
Topic: Tax concerns about buying CDs at discount/premium
Replies: 8
Views: 524

Re: Tax concerns about buying CDs at discount/premium

I'm surprised that no one responded to this post.

I guess I'm the only one that has shied away from secondary CDs because of concerns related to the tax issues.
by Van
Thu Jan 10, 2019 10:18 am
Forum: Personal Investments
Topic: Tax concerns about buying CDs at discount/premium
Replies: 8
Views: 524

Tax concerns about buying CDs at discount/premium

Please share your experience with the tax consequences of buying CDs at a discount or premium to par. I have always bought brokered new issue CDs at par and not had to deal with the tax consequences of purchasing at a discount or a premium. I have read enough to know that the discount or premium is ...
by Van
Sun Jan 06, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: Where are the Brokered CDs?
Replies: 18
Views: 1731

Re: Where are the Brokered CDs?

Same experience the last couple of days........most CDs have disappeared. Treasuries are totally gone.
by Van
Sun Jan 06, 2019 10:16 am
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 221
Views: 16787

Re: What is your allocation to U.S. and International?

J G Bankerton wrote:
Sun Jan 06, 2019 9:35 am
I'm 10% foreign because it is too late to get out now. I should have listened to Me. Bogle. :(
Why is it too late?
by Van
Sun Jan 06, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 221
Views: 16787

Re: What is your allocation to U.S. and International?

I just sold my international stock fund. So, now I'm 0% international for both stock and bonds. Although I did not really track it and I have not looked at the data, I got the impression over the years that changes in my broadly diversified US stock market fund and my broadly diversified internation...
by Van
Sat Jan 05, 2019 8:11 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4537
Views: 1168316

Re: What Movie Have You Recently Watched?

VICE. My wife and I liked it very much. Both of us have a very negative view of Dick Chaney. The movie reinforced that.
by Van
Sat Jan 05, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 15154

Re: Retirement itch- when did you get it?

45. Retired at 51. I'm a very, very fortunate guy!
by Van
Wed Jan 02, 2019 11:00 am
Forum: Personal Investments
Topic: Drop Stocks Altogether: Age Dependent Decision?
Replies: 23
Views: 1668

Re: Drop Stocks Altogether: Age Dependent Decision?

Thanks everyone for your thoughtful replies. I'm still on the fence, but I'm now leaning toward keeping a modest equity allocation. I found Vineviz comment particuarly intersting. He/she contends that a 20/80 allocation has lower volatility and a higher return than a 0/100 portfolio and that 20/80 w...
by Van
Wed Jan 02, 2019 8:59 am
Forum: Personal Investments
Topic: Drop Stocks Altogether: Age Dependent Decision?
Replies: 23
Views: 1668

Drop Stocks Altogether: Age Dependent Decision?

I rebalance once a year at the beginning of January. While getting about doing this, I started thinking that perhaps I should change my allocation and drop stocks altogether. I'm more than 75 years old. My life expectancy is probably 10 years or so. Should there be, for example, a long sustained bea...
by Van
Fri Dec 28, 2018 9:11 pm
Forum: Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 4624

Re: What do you do with dividends?

All dividends from funds in my taxable account go into the companion tax-free money market account. I use this money to rebalance early in January each year.

Dividends from funds in my non-taxable account are reinvested.
by Van
Wed Dec 19, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 845
Views: 85386

Re: What frugal thing did you do today?

Changed the filter in my heater.
by Van
Fri Dec 14, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: "The Academic Argument for Expensive Mutual Funds"
Replies: 13
Views: 1244

Re: "The Academic Argument for Expensive Mutual Funds"

Thanks for posting. I'll still with low ER funds. The evidence is overwhelming.
by Van
Thu Dec 13, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 11253

Re: Robinhood to launch 3% Checking & Savings Accounts

If it sounds too good to be true.............
by Van
Tue Nov 27, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7696

Re: Employeer taking vacation days on public holidays - is this legal or normal?

Dottie57 wrote:
Tue Nov 27, 2018 3:30 pm
I have to say the idea of “commission” for a Doctor is frightening as a consumer of healthcare.
+1
by Van
Sat Aug 25, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3802
Views: 1093891

Re: What Book Are You Currently Reading? Part VI

TIGER WOODS. I enjoyed it, but I'm a 76 year old golf bum.
by Van
Wed Apr 26, 2017 4:28 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 52699

Re: Larry Swedroe says "Goodby."

I'm sorry to learn that you will be leaving us, and I'm even sorrier for your main reason for leaving.
by Van
Wed Feb 22, 2017 6:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 131
Views: 35966

Re: anguard opens special offices for $1 million clients

I'm Flagship and meet the 1 M qualification metric, but I've heard nothing from Vanguard about this service. What about others out there?
by Van
Tue Feb 07, 2017 4:11 pm
Forum: Personal Investments
Topic: Tax Exempt Bonds in Taxable?
Replies: 7
Views: 1705

Re: Tax Exempt Bonds in Taxable?

Do the math.
by Van
Wed Feb 01, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Spendthrift Daughter
Replies: 44
Views: 5189

Re: Spendthrift Daughter

Eagle4Life wrote:Also remember you won't care about what happens to the money after you're dead.
+1
by Van
Mon Jan 30, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 200
Views: 66751

Re: Vanguard's Wellesley Income fund is incredible

I own only index funds, except for Wellesley. I just can't bring myself to sell it.
by Van
Tue Jan 24, 2017 1:20 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4537
Views: 1168316

Re: What Movie Have You Recently Watched?

La La Land. I don't get all of the awards and award nominations. It is OK, but it is not great.
by Van
Fri Jan 20, 2017 7:32 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 333
Views: 76606

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Following this Philosophy, many Bogleheads now enjoy a substantial net-worth. Nevertheless, the way we spend our money can make a huge difference in our happiness and future wealth. This article from Physician On Fire offers food-for-thought: Stealth Wealth I look forward to reading about your pers...
by Van
Tue Jan 10, 2017 3:17 pm
Forum: Investing - Theory, News & General
Topic: Burton Malkiel says "Don't Buy Bonds"
Replies: 48
Views: 10582

Re: Burton Malkiel says "Don't Buy Bonds"

With 75% of my portfolio in bonds (retired; 75 yrs old), I hope he is wrong. Do others out there know if this man has a good track record when it comes to forecasting the bond market? I will stay the course.