Search found 55 matches

by Michele in TX
Tue Jun 19, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9066

Re: Flaw in Logic? CD ladder instead of bond funds

Hello Munemaker. My apologies for the delay in responding to your question. Likely you've found the answer on your own. I think you are asking if I needed to register on Vanguard's Financial Advisor portion of the website to use it. The only account I have on Vanguard.com is as a personal investor. ...
by Michele in TX
Fri Jun 15, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9066

Re: Flaw in Logic? CD ladder instead of bond funds

My goodness, Bogleheads.org really is a wonderful group of folks. I just realized I likely should have asked this question in the "help with investments" section of the website. I'm sorry. I didn't mean to break the rules. I'll end my comments after this note. My apologies everyone. AlwaysWannaLearn...
by Michele in TX
Fri Jun 15, 2018 3:30 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9066

Re: Flaw in Logic? CD ladder instead of bond funds

Don't know if this will help anyone but I just called Vanguard to ask a related question and the rep showed me how to find the "Financial Advisors" section on the Vanguard website. It's in the pull-down menu in the top left section of the page (click on "Financial Advisors" instead of "Personal Inve...
by Michele in TX
Fri Jun 15, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9066

Re: Flaw in Logic? CD ladder instead of bond funds

AlwaysWannaLearn - the CD ladder would be in my retirement fund - same place as my BIV fund. And yes, good point - the 4 years of cash will be used over the next 4 years for my expenses.
by Michele in TX
Fri Jun 15, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9066

Re: Flaw in Logic? CD ladder instead of bond funds

Very helpful posts, everyone. Meg, thanks for your thoughts from a banker's perspective. I

know I'm not spectacular at this so I appreciate everybody's comments and hopefully this thread will help other "novices" too.
by Michele in TX
Fri Jun 15, 2018 2:50 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9066

Re: Flaw in Logic? CD ladder instead of bond funds

Hello Lack_ey. Nope. I am definitely not sure BIV / BND haven't kept up with inflation over the last 5 years. Thanks for the comment and I'll do a little more digging on that logic front. Your note helps me see a hole in my thinking - as do the posts from these other good folks. I don't consider mys...
by Michele in TX
Fri Jun 15, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9066

Re: Flaw in Logic? CD ladder instead of bond funds

Thanks Pajamas, JoMoney & Onourway for your notes. Much appreciated.

Onourway, could you recommend a way to compare past return rates of a (for instance) BND to a CD ladder? I know past returns aren't an indicator of future returns but I'd like to compare them anyway for an additional data point.
by Michele in TX
Fri Jun 15, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9066

Flaw in Logic? CD ladder instead of bond funds

I am considering DCA'ing out of the Vanguard Intermediate-Term Bond ETF (BIV) into a CD ladder. I have cash to cover 4 years of expenses. The cash is my "I can sleep at night" fund. In about 4 years I will begin to use my retirement funds. The BIV is a part of my retirement funds. If I am looking fo...
by Michele in TX
Thu Dec 31, 2015 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Should I pay 529 penalty to help my Dad?
Replies: 9
Views: 1247

Re: Should I pay 529 penalty to help my Dad?

Thanks everyone for your help. I spoke with an elder care attorney in the city my parents live in and he had some great advice - right along the lines of what this forum advised. At this point cashing out a portion of my 529 account is no longer needed. Thanks again for your thoughts. Much appreciat...
by Michele in TX
Wed Dec 30, 2015 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Should I pay 529 penalty to help my Dad?
Replies: 9
Views: 1247

Re: Should I pay 529 penalty to help my Dad?

Also, the 529 account isn't needed anymore for the person I set it up for. The account is currently in my name. Thanks again for your help.
by Michele in TX
Wed Dec 30, 2015 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Should I pay 529 penalty to help my Dad?
Replies: 9
Views: 1247

Re: Should I pay 529 penalty to help my Dad?

Thanks everyone for your thoughts. An important fact I forgot to include is that approximately 25% of the value of the 529 account is the gain. I have sufficient assets from other sources to cover my living expenses. Hiring professional help would be an unbudgeted expense but I think it might be wor...
by Michele in TX
Wed Dec 30, 2015 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Should I pay 529 penalty to help my Dad?
Replies: 9
Views: 1247

Should I pay 529 penalty to help my Dad?

Hello. This forum has been very helpful and I appreciate the chance to ask the following question, "Should I cash out a portion of a 529 account to pay for the cost of hiring a geriatric care manager?" I live in TX and my Dad lives in California. Since different members of my family want different t...
by Michele in TX
Sat Nov 21, 2015 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: May I have HSA & tax credit?
Replies: 3
Views: 579

Re: May I have HSA & tax credit?

Thanks FiveK for your help. I appreciate your post. Sincerely, Michele
by Michele in TX
Sat Nov 21, 2015 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: May I have HSA & tax credit?
Replies: 3
Views: 579

May I have HSA & tax credit?

Hello. I'm considering setting up an HSA in 2015. My question is, "If I contribute to an HSA in 2015 may I deduct the cost of the HSA from my 2015 MAGI calculations to determine if I am eligible for a 2015 premium tax credit?" My 2015 income will be 200% of the poverty level and I have had ACA insur...
by Michele in TX
Fri Aug 21, 2015 3:03 pm
Forum: Investing - Theory, News & General
Topic: Crowdsourcing to help our fellow man
Replies: 6
Views: 869

Re: Crowdsourcing to help our fellow man

Thank you Monk for the vocabulary lesson. I had to look up what triple bottom line and blended value mean. My goal is to return the proceeds of a business to everyone who produces the firm's product. To help firms that want all their team members to have skin in the game and be a tide that lifts all...
by Michele in TX
Fri Aug 21, 2015 10:23 am
Forum: Investing - Theory, News & General
Topic: Crowdsourcing to help our fellow man
Replies: 6
Views: 869

Re: Crowdsourcing to help our fellow man

Aude - your post led me to a firm that I think can help me. Thanks very much for your advice.
by Michele in TX
Fri Aug 21, 2015 10:02 am
Forum: Investing - Theory, News & General
Topic: Crowdsourcing to help our fellow man
Replies: 6
Views: 869

Re: Crowdsourcing to help our fellow man

Thanks for the posts. I'm not considering converting firms to non-profits. We would convert them to not-for-profit firms. The firm would be able to pay a return for the investment. In setting up the new structure we would decide what that return should be.
by Michele in TX
Fri Aug 21, 2015 9:23 am
Forum: Investing - Theory, News & General
Topic: Crowdsourcing to help our fellow man
Replies: 6
Views: 869

Crowdsourcing to help our fellow man

This may be a wacky concept. But I've always appreciated this forum's advice so here it goes: Does anyone know of a group that invests in firms with the goal of converting the firm from a for profit business model to an employee-owned not for profit business model (similar to the Vanguard approach)?...
by Michele in TX
Wed Jun 24, 2015 4:06 pm
Forum: Personal Investments
Topic: Left job to help folks / ? with AA
Replies: 3
Views: 585

Re: Left job to help folks / ? with AA

Thank you BL for your thoughts. I appreciate your advice about CDs. Yup. I've run my expenses vs. savings calculations. I use Quicken and set up a budget before I left my job to help my parents. Since then my expenses have been on track with my budget. I'm living frugally but really enjoying working...
by Michele in TX
Wed Jun 24, 2015 3:00 pm
Forum: Personal Investments
Topic: Left job to help folks / ? with AA
Replies: 3
Views: 585

Re: Left job to help folks / ? with AA

p.s. I should have mentioned the total amount in the after tax account will (just) cover my expenses for the next six to seven years in today's dollars with a little room to spare.
by Michele in TX
Wed Jun 24, 2015 2:48 pm
Forum: Personal Investments
Topic: Left job to help folks / ? with AA
Replies: 3
Views: 585

Left job to help folks / ? with AA

Over the years this forum has been very helpful and I appreciate the advice everyone provides. In Q4 of 2014 I left my job to help my parents get a long term plan of care in place. I am in my early 50s and since then I have been volunteering with a high school that focuses on very low income student...
by Michele in TX
Sun Apr 19, 2015 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Tax Planning Books?
Replies: 5
Views: 974

Re: Recommended Tax Planning Books?

Thank you livesoft and Caduceus. I will check out the materials you mention, livesoft. I'm so glad specific resources have been recommended. I agree with Caduceus that the topic can be daunting. It is for me! Caduceus - I appreciate your recommendation to narrow down the subject and pick up the IRS ...
by Michele in TX
Sun Apr 19, 2015 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Recommended Tax Planning Books?
Replies: 5
Views: 974

Re: Recommended Tax Planning Books?

Thank you BL for your post. I will follow your advice and I appreciate your help very much. My current income comes from savings. I've reserved some books at our library and I agree with you that it will be helpful to run some what if scenarios. I hadn't heard of Taxcaster before your reply. Thank y...
by Michele in TX
Sat Apr 18, 2015 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Tax Planning Books?
Replies: 5
Views: 974

Recommended Tax Planning Books?

Hello fellow Bogleheads - I appreciate the help this group has provided in the past and am hoping my return to the well will be o.k.. I left my job a few months ago to help my parents who are in the 80s (they're doing great). I need to read up on tax planning to help me with my personal finance. I'm...
by Michele in TX
Tue Mar 03, 2015 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Thank you / used wire to fund Ally account
Replies: 3
Views: 874

Re: Thank you / used wire to fund Ally account

Thanks Ken. There you have it. The reason for the wait.
by Michele in TX
Mon Mar 02, 2015 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Thank you / used wire to fund Ally account
Replies: 3
Views: 874

Thank you / used wire to fund Ally account

I've been reading posts on how people are handling their emergency / living expense monies. Thanks to everyone who has written related comments. Last week I opened an online savings account with Ally Bank and added it to my Vanguard information. I wanted to use money from a Vanguard money market acc...
by Michele in TX
Mon Mar 02, 2015 3:48 pm
Forum: Personal Consumer Issues
Topic: What source do you use for nursing care feedback?
Replies: 6
Views: 1035

What source do you use for nursing care feedback?

I am beginning to look for a good nursing care firm for my parents. They have a company they use in San Diego where they live. But if their health continues to slip they may move to TX to be near my sister and me - so I'd like to start looking for a reputable nursing care firm. I've used consumer re...
by Michele in TX
Mon Nov 17, 2014 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Online Entrepreneur Courses?
Replies: 2
Views: 498

Re: Online Entrepreneur Courses?

Thanks for asking. I'm intending to use the funds in my 529 account to pay my bills for X period of time. According to IRS regs, which is likely no surprise to folks here, a person can only use up to the amount the school publishes as their cost of attendance without paying a penalty. While my bills...
by Michele in TX
Mon Nov 17, 2014 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Online Entrepreneur Courses?
Replies: 2
Views: 498

Online Entrepreneur Courses?

Hello. This group has always been so helpful - and good hearted. A few years ago this group helped me set up 529 accounts for my nieces and nephew. I also set up a 529 account for myself in case my job ended (which it did about a month ago). Can anyone recommend an accredited university that offers ...
by Michele in TX
Sat May 31, 2014 7:23 am
Forum: Personal Finance (Not Investing)
Topic: 529 Account & Non credit course
Replies: 9
Views: 1700

Re: 529 Account & Non credit course

Thank you jared and sscritic for your posts. Apologies I'm submitting this note this morning instead of earlier this week. Work's been busy the last few days. Your posts are very helpful and I believe non credit courses qualify for 529 funds. As you suggested I re-read the definitions in the glossar...
by Michele in TX
Tue May 27, 2014 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Account & Non credit course
Replies: 9
Views: 1700

Re: 529 Account & Non credit course

Thanks everyone for your help. I'm still confused on whether a noncredit course qualifies for funds from a 529 account. I'll keep looking into it and if I find a resource that may help I'll post it in a reply. What a kind group this is. I've been touched over the last X years with the generous help ...
by Michele in TX
Mon May 26, 2014 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Account & Non credit course
Replies: 9
Views: 1700

529 Account & Non credit course

Hello. I am having trouble finding the answer online to the following question, "May 529 account funds be used for non credit (e.g. enrichment) courses?" I am preparing to leave my employment to help care for my parents. It will help cover my bills if I can use some 529 account funds I have set asid...
by Michele in TX
Sat Dec 15, 2012 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refinance Closing Costs
Replies: 19
Views: 2979

Re: Mortgage Refinance Closing Costs

I am refinancing in the state of TX for roughly the same rate. The only expense I will pay is a few days of interest. The posted list of expenses looks high to me. Good luck!
Michele
by Michele in TX
Mon Jul 02, 2012 6:26 am
Forum: Personal Investments
Topic: Why Stocks when Bonds are more consistent?
Replies: 24
Views: 2917

Re: Why Stocks when... Thank you

I appreciate the additional posts. Specifically dharrythomas' concept of having the courage of our convictions and Valuethinker's infomation on: 1) Dr. Bodie's work 2) statistics showing that a portfolio with 20% equity outperforms one with 100% bonds I'll be checking out Dr. Bodie's books. Michele
by Michele in TX
Sun Jul 01, 2012 8:36 am
Forum: Personal Investments
Topic: Why Stocks when Bonds are more consistent?
Replies: 24
Views: 2917

Re: Why Stocks when Bonds are more consistent?

Thanks to all for your posts - particulary the comments suggesting using a longer time horizon for the comparison. Just after making the first post I wondered if 10 years was sufficiently long enough.
by Michele in TX
Sun Jul 01, 2012 6:47 am
Forum: Personal Investments
Topic: Why Stocks when Bonds are more consistent?
Replies: 24
Views: 2917

Why Stocks when Bonds are more consistent?

I am researching rebalancing my portfolio. I am 50 years old and in a few months I will begin working in the non-profit sector for the next 20 years. I would appreciate your posts on the following simple question. Why invest in stock when bonds are more consistent / reliable? Following are the 1, 3,...
by Michele in TX
Sun Jun 24, 2012 8:43 am
Forum: Personal Investments
Topic: Please provide your AA advice / moving to non-profit work
Replies: 10
Views: 665

Re: Please provide... Thank you YDNAL

Thank you (Landy - just figured that out) for your post. The question "what % of my savings should I put in stocks?" is always a wowser for me. No crystal balls. Perhaps the most relevant question is "how much am I willing to forfeit in a fall?" Of course, bonds also decline in value. I'll do the be...
by Michele in TX
Sun Jun 24, 2012 6:59 am
Forum: Personal Investments
Topic: Please provide your AA advice / moving to non-profit work
Replies: 10
Views: 665

Re: Please provide your AA advice / moving to non-profit wor

This morning I looked up the AA of Vanguard's Target Retirement Fund for 2010 to see the split between bonds and stocks. It was higher than I thought it would be. I am posting it here in case anyone would like to comment. No harm, no foul if no replies come from this. As always, thanks to everyone f...
by Michele in TX
Sat Jun 23, 2012 12:39 pm
Forum: Personal Investments
Topic: Please provide your AA advice / moving to non-profit work
Replies: 10
Views: 665

Re: Please provide... Thank you YDNAL

Thank you YDNAL for your help. In appreciation, I have made a small donation to our forum via the "support this Site" link.

Sincerely,

Michele
by Michele in TX
Sat Jun 23, 2012 9:26 am
Forum: Personal Investments
Topic: Please provide your AA advice / moving to non-profit work
Replies: 10
Views: 665

Thanks dbr

I appreciate your explanation.

Michele
by Michele in TX
Sat Jun 23, 2012 8:48 am
Forum: Personal Investments
Topic: Please provide your AA advice / moving to non-profit work
Replies: 10
Views: 665

Re: Please provide... Question for YDNAL

Thank you Cody and YDNAL for your responses. YDNAL - In your post you cited 12 years of non-equity investments. Could you please expand on why you used 12 years for non-equity investments? My apologies if I am not grasping the totality of your suggestion - and thanks for your help (Biscayne Bay is b...
by Michele in TX
Sat Jun 23, 2012 7:07 am
Forum: Personal Investments
Topic: Please provide your AA advice / moving to non-profit work
Replies: 10
Views: 665

Please provide your AA advice / moving to non-profit work

Everyone - About 10 years ago I posted a question about 529 accounts for my late husband's niece and nephew. Your advice was terrific - the 529s have performed better than my own retirement accounts. I am now 50 years old and preparing to leave a for-profit job to help people who are in a "rough pat...
by Michele in TX
Sun Feb 27, 2011 8:54 am
Forum: Personal Investments
Topic: The Biggest Secret in Checking Accounts - 1.51%
Replies: 36
Views: 11432

Amegy Bank - 1.77% yield

I am moving from Chase to Amegy Bank - 1.77% yield for balances up to $25K

http://www.amegybank.com/internet_banki ... Yield.aspx
by Michele in TX
Mon Aug 23, 2010 7:37 am
Forum: Personal Investments
Topic: Advice on Recent Asset Allocation B ook
Replies: 3
Views: 687

Thanks DK and Bob

For your book recommendations. I'll see about ordering them from Amazon after linking through this website so this forum gets the small kickback.

Michele
by Michele in TX
Sun Aug 22, 2010 9:23 pm
Forum: Personal Investments
Topic: Advice on Recent Asset Allocation B ook
Replies: 3
Views: 687

Advice on Recent Asset Allocation B ook

My apologies if I am posting this question to the wrong forum. Could I ask for your input on a good recent book on asset allocation? I found Dr. Bernstein's books on asset allocation very helpful. And this weekend I read Mr. Swedroe's "Wise Investing Made Simpler". It was also good. But I'm looking ...
by Michele in TX
Thu Sep 03, 2009 7:17 am
Forum: Personal Investments
Topic: Where to park cash for short periods?
Replies: 14
Views: 2921

Correction -Frost Bank: 1.59%

I just checked our interest rate with Frost Bank. It's currently 1.59%.

Michele
by Michele in TX
Thu Sep 03, 2009 7:10 am
Forum: Personal Investments
Topic: Where to park cash for short periods?
Replies: 14
Views: 2921

Online Account - Frost Bank

My husband and I use Frost Bank online. Interest rate is currently, I believe, about 1.75%.

Michele
by Michele in TX
Sun Jun 07, 2009 2:33 pm
Forum: Investing - Theory, News & General
Topic: Quick Thank you - 529 Accounts: Laura
Replies: 3
Views: 1008

Thanks Woof for kind words

Thanks Woof for the nice comment on the Avatar.

I'd feel funny congratulating myself on the safety of my niece's 529 account. But a big Texas shout-out goes to the good B'Heads who gave me their help a few years back!

All the best,

Michele
by Michele in TX
Sun Jun 07, 2009 8:12 am
Forum: Investing - Theory, News & General
Topic: Quick Thank you - 529 Accounts: Laura
Replies: 3
Views: 1008

Quick Thank you - 529 Accounts: Laura

Two years ago I asked this group for advice with the 529 accounts I was setting up for my late husband's nieces and nephews. The advice everyone posted was very helpful - and in particular a one sentence gem from Laura. She wrote something to the effect of "why take risks with these funds that you d...
by Michele in TX
Fri Jun 05, 2009 7:34 am
Forum: Personal Investments
Topic: FYI - EM % for folks < 20 yrs from retirement
Replies: 0
Views: 620

FYI - EM % for folks < 20 yrs from retirement

Thanks to those who voted in this week's "% of Emerging Markets in your retirement funds" poll. I tabled the results for everyone who said they were 20 years or less from retirement. FYI - Following are the results. It would be helpful to hear comments from this group on the results of our poll. Mic...