Search found 13512 matches

by Mel Lindauer
Fri May 29, 2020 12:09 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 517
Views: 54076

Re: I don't understand the case for EE bonds

I've seen posts on this thread basically stating that if you don't expect to live for the 20 years to get the doubling, the EE Bonds are really not worth owning. It's really the life expectancy (and reality) of both you AND your co-owner that matter. Good point, but It's also whether or not both yo...
by Mel Lindauer
Thu May 28, 2020 7:10 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 517
Views: 54076

Re: I don't understand the case for EE bonds

I've seen posts on this thread basically stating that if you don't expect to live for the 20 years to get the doubling, the EE Bonds are really not worth owning. It's really the life expectancy (and reality) of both you AND your co-owner that matter. Good point, but It's also whether or not both yo...
by Mel Lindauer
Thu May 28, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 517
Views: 54076

Re: I don't understand the case for EE bonds

I've seen posts on this thread basically stating that if you don't expect to live for the 20 years to get the doubling, the EE Bonds are really not worth owning.

It's really the life expectancy (and reality) of both you AND your co-owner that matter.
by Mel Lindauer
Mon May 25, 2020 5:52 pm
Forum: Personal Consumer Issues
Topic: Getting started with Dashlane
Replies: 25
Views: 1692

Re: Getting started with Dashlane

I've been using the paid version of Dashlane for a number of years after trying out the free version. I'm very pleased with the program and plan to renew for the two-year option when my current paid period expires. It works seamlessly across multiple computers, a tablet, a Chromebook and my phone.
by Mel Lindauer
Mon May 25, 2020 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Something Fishy Here?? [CARES payment received via prepaid Visa]
Replies: 63
Views: 6266

Re: Something Fishy Here?? [CARES payment received via prepaid Visa]

Kenkat wrote:
Sat May 23, 2020 9:12 am
Even the federal government doesn’t use checks anymore.
Yes they do. My son got his $1200 via paper check.
by Mel Lindauer
Tue May 19, 2020 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Willmaker 2020 is on sale
Replies: 4
Views: 781

Re: Quicken Willmaker 2020 is on sale

Just got Will Maker 2020 and Trust for 40% off. Offer came via email but web site shows it available for some of May. Then the % off drops for a while and then drops again after the stated dates. If you're planning on getting it, this seems to be the highest discount I've seen. Check it out so you c...
by Mel Lindauer
Mon May 18, 2020 1:13 am
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4293

Re: How did you feel after giving notice to retire?

Great topic. For me, retiring was easy. I owned the business and simply turned it over to my two sons at the age of 59 after 30 years at the helm. One of the things that's often overlooked when it comes to retirement, though, is switching from savings mode to spending mode. For many, that can really...
by Mel Lindauer
Fri May 15, 2020 8:45 pm
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 140
Views: 16568

Re: Still using total bond market?

Other than some I-Bonds and TSP G fund, we are all Total Bond Market. Thanks to Taylor, Mel, Nisiprius, Livesoft and others for your wisdom and sharing. And, of course, thanks to Jack Bogle! Norris Always nice to see your name on a post, Norris. Hope things are going well for you and yours. Stay sa...
by Mel Lindauer
Thu May 14, 2020 9:37 pm
Forum: Investing - Theory, News & General
Topic: 2020 Bogleheads Conference Update
Replies: 27
Views: 2657

Re: 2020 Bogleheads Conference Update

In his real job, our volunteer Boglehead videographer is a heart surgeon, so that certainly takes priority. He's also serving on the Board of Directors of The John C. Bogle Center for Financial Literacy, so he has a lot on his plate. They will be posted in due time; he hasn't failed us yet. Mel I w...
by Mel Lindauer
Thu May 14, 2020 3:31 pm
Forum: Investing - Theory, News & General
Topic: 2020 Bogleheads Conference Update
Replies: 27
Views: 2657

Re: 2020 Bogleheads Conference Update

Did they ever get videos posted of the 2019 conference? https://vimeo.com/channels/bogleheads/videos/sort:date/format:thumbnail appears to have one video from 2019. Yea they said they were working on posting the videos but that was months ago. would love to see the other videos. In his real job, ou...
by Mel Lindauer
Tue May 12, 2020 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 117
Views: 7278

Re: Undoing your already-taken RMD for 2020

I took my RMD from an inherited IRA in January; it sounds like I am SOL? Yes, but look on the bright side - at least you sold when the market was still high. Yes, but he/she can now roll it back at a cheaper price. Mel I think you missed that it was an inherited IRA. Yep, I sure did.
by Mel Lindauer
Tue May 12, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 117
Views: 7278

Re: Undoing your already-taken RMD for 2020

cherijoh wrote:
Tue May 12, 2020 3:12 pm
Whakamole wrote:
Tue May 12, 2020 2:14 pm
I took my RMD from an inherited IRA in January; it sounds like I am SOL?
Yes, but look on the bright side - at least you sold when the market was still high.
Yes, but he/she can now roll it back at a cheaper price.
by Mel Lindauer
Mon May 11, 2020 5:27 pm
Forum: Personal Investments
Topic: Redemption of Treasury Direct Series I Bond question
Replies: 11
Views: 732

Re: Redemption of Treasury Direct Series I Bond question

Yes, you can partially redeem an electronic i-Bond. You must redeem a minimum of $25 and leave at least $25 in your TD account. See Treasury Direct’s FAQ here: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iredeem.htm Oh perfect! Thank you for the link. :beer TD prepares t...
by Mel Lindauer
Mon May 11, 2020 9:39 am
Forum: Personal Consumer Issues
Topic: Making backups in Windows 10 with File History
Replies: 17
Views: 1150

Re: Making backups in Windows 10 with File History

Here is the method I use. My Win10 system was upgraded from Win7 but I assume it will work if your PC is a Win10 original machine. https://www.windowscentral.com/how-make-full-backup-windows-10 I have restored my sons PCs many times. I use a partitioned USB drive. Thanks. They sure make it hard to ...
by Mel Lindauer
Mon May 11, 2020 12:41 am
Forum: Personal Consumer Issues
Topic: Making backups in Windows 10 with File History
Replies: 17
Views: 1150

Re: Making backups in Windows 10 with File History

I have used the Create System Image in Win10 with success a few times using the bootable CD created at backup time. Switching to a different PC and restoring may cause driver issues, etc. Great tool to restore back to same PC. The TechRepublic article that I referenced above looks like it outlines ...
by Mel Lindauer
Thu May 07, 2020 7:56 pm
Forum: Investing - Theory, News & General
Topic: 2020 Bogleheads Conference Update
Replies: 27
Views: 2657

Re: 2020 Bogleheads Conference Update

Kudos to the new board. FWIW, I think that's definitely the right decision.
by Mel Lindauer
Wed May 06, 2020 8:38 pm
Forum: Forum Issues and Administration
Topic: Forum Slowdown
Replies: 3
Views: 558

Re: Forum Slowdown

Back to normal now. Must have been on my end.
by Mel Lindauer
Wed May 06, 2020 7:19 pm
Forum: Forum Issues and Administration
Topic: Forum Slowdown
Replies: 3
Views: 558

Forum Slowdown

I've experienced a very noticeable slowdown in the forum responses loading at times. Even got an "Unable to Connect".

Am I the only one?
by Mel Lindauer
Sun May 03, 2020 12:09 am
Forum: Personal Finance (Not Investing)
Topic: [Step-up in basis with tax-deferred accounts]
Replies: 1
Views: 142

Re: Larry Swedroe..Four Investment lessons from Covid

Larry's advice changes with the season. Today, it's only the safest bonds. Yesterday, it was alternatives that *cough* *cough* provide downside insurance and the same *wink* *wink* expected returns as equities. I say *wink* *wink* because that really means expected returns from equities when they a...
by Mel Lindauer
Sat May 02, 2020 11:32 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe..Four Investment lessons from Covid
Replies: 56
Views: 7964

Re: Larry Swedroe..Four Investment lessons from Covid

[quote=Norsky19 post_id=5226312 time=<a href="tel:1588407656">1588407656</a> user_id=99890] Interesting article from Larry.... thoughts? https://www.evidenceinvestor.com/four-investment-lessons-from-the-covid-crisis/ Larry's advice changes with the season. Today, it's only the safest bonds. Yesterd...
by Mel Lindauer
Sat May 02, 2020 12:20 am
Forum: Personal Investments
Topic: Looking for link to value I-bonds
Replies: 5
Views: 462

Re: Looking for link to value I-bonds

You can also go right onto the treasury direct site. They have a calculator tool that does the job, storing your serial numbers. The downside is that it doesn't work for chrome. I use firefox and store the files on my own thumb drive. I know the site says saving your files doesn't work with Chrome,...
by Mel Lindauer
Thu Apr 30, 2020 10:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will be moving their mail operations to El Paso in the future
Replies: 21
Views: 2732

Re: Vanguard will be moving their mail operations to El Paso in the future

HenryPorter wrote:
Thu Apr 30, 2020 9:36 pm
So does this address change mean that down the road when I roll over my 401k to Vanguard, I am having the check mailed to El Paso?
Probably so. Vanguard will be issuing new Business Reply Envelopes with the El Paso address according to a courtesy call that I got from Vanguard.
by Mel Lindauer
Thu Apr 30, 2020 10:06 pm
Forum: Personal Investments
Topic: All-in-one fund recommendations
Replies: 46
Views: 3879

Re: All-in-one fund recommendations

You mentioned "rebalancing". With many of the Vanguard one-fund portfolios, such as the Life Strategy and Target Retirement series, these funds rebalance for you automatically. The Life Strategy series rebalances back to the original fixed allocation breakdown on a daily basis, and the TR funds reba...
by Mel Lindauer
Thu Apr 30, 2020 9:49 pm
Forum: Investing - Theory, News & General
Topic: I Bonds are a screaming buy - Tipswatch
Replies: 138
Views: 21596

Re: I Bonds are a screaming buy - Tipswatch

Interesting....so basically for a $10k bond its about $70 more vs a 1.50% no penalty CD. Hmm...probably not worth it....unless inflation jumps in the coming year... Well, you also don't pay state/local taxes, can defer taxes if you wish, can use it tax-free for education, and you benefit if inflati...
by Mel Lindauer
Thu Apr 30, 2020 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Right Time to 1035 Exchange?
Replies: 7
Views: 393

Re: Right Time to 1035 Exchange?

Vanguard has low-cost Variable Annuities if you do decide to do a 1035 transfer.
by Mel Lindauer
Thu Apr 30, 2020 9:38 pm
Forum: Investing - Theory, News & General
Topic: Is G-fund safer today than previously?
Replies: 38
Views: 2544

Re: Is G-fund safer today than previously?

USAFperio wrote:
Thu Apr 30, 2020 9:33 pm
All, thank you kindly for your courteous and helpful responses. Best wishes and be safe :)
Based on your user name, it appears that you're either currently serving, or did serve, in the USAF. If so, thank you for your service.
by Mel Lindauer
Thu Apr 30, 2020 9:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will be moving their mail operations to El Paso in the future
Replies: 21
Views: 2732

Re: Vanguard will be moving their mail operations to El Paso in the future

The Vanguard-supplied Business Reply Envelopes for deposits and other mail go to PA, not WI.

Here's the address:

VANGUARD
PO Box 8100
Southeastern PA 19398-9984

That directs to Berwyn PA, which is near Vanguard's headquarters in Malvern PA.
by Mel Lindauer
Thu Apr 30, 2020 2:48 pm
Forum: Investing - Theory, News & General
Topic: Is G-fund safer today than previously?
Replies: 38
Views: 2544

Re: Is G-fund safer today than previously?

striker79 wrote:
Thu Apr 30, 2020 2:33 pm
...So many investors wish they could have money in the G fund.
Yes, and I'm one of them! I wish it was available to all investors. :)
by Mel Lindauer
Wed Apr 29, 2020 11:54 am
Forum: Investing - Theory, News & General
Topic: WSJ Reporter doing story on intra-family loans
Replies: 0
Views: 326

WSJ Reporter doing story on intra-family loans

Hello Everyone: A known Wall St. Journal reporter would like to talk to talk to people who have experience with intra-family loans, as the IRS's mandated rates are very low right now. What are good uses for such loans? And how do families deal with the emotional issues around them, either well or ba...
by Mel Lindauer
Tue Apr 28, 2020 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: I Bonds as tax refund: tracking down a missing one
Replies: 21
Views: 3161

Re: I Bonds as tax refund: tracking down a missing one

Resurrecting this thread because I have received $4000/$5000 expected I Bonds from tax refund (all issued in March). I have 3 $1000 bonds, 1 $500, 1 $200, and 6 $50s. I'm going to wait another week or so to see if it shows up. It is a shame paper bonds' serial numbers don't get automatically linked...
by Mel Lindauer
Mon Apr 27, 2020 10:38 pm
Forum: Personal Investments
Topic: Brighthouse Shield Annuity Pitched to Parents - check my work?
Replies: 23
Views: 1537

Re: Brighthouse Shield Annuity Pitched to Parents - check my work?

Here's a Forbes column I did some time ago on these horrible things. They were previously called "Indexed Annuities" but they got such a bad reputation that they changed the name. https://www.forbes.com/2010/08/10/truth-about-equity-indexed-annuities-personal-finance-bogleheads-view-lindauer.html#22...
by Mel Lindauer
Mon Apr 27, 2020 9:15 pm
Forum: Non-US Investing
Topic: Canadian-based Investing Forum
Replies: 4
Views: 260

Re: Canadian-based Investing Forum

Today I ran across a Canadian-based investing forum, which seems to be quite active and similar to Bogleheads (though the latter is surely the best). Just wanted to let people here on BH know about it, in case someone might be curious. Disclosure: I am biased and have a conflict of interest. That s...
by Mel Lindauer
Mon Apr 27, 2020 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: How do you explain no COVID19 Stimulus Payment?
Replies: 89
Views: 7149

Re: How do you explain no COVID19 Stimulus Payment?

bugleheadd wrote:
Mon Apr 27, 2020 7:38 pm
Just say "not yet". They probably won't ask again
+1 That's honest and you can then move on to another topic. What you make is nobody's business unless you want to share it with them.
by Mel Lindauer
Sun Apr 26, 2020 10:38 pm
Forum: Investing - Theory, News & General
Topic: I Bonds are a screaming buy - Tipswatch
Replies: 138
Views: 21596

Re: I Bonds are a screaming buy - Tipswatch

I bought $5k i-Bonds for their 0.2% fixed rate. Anyone thinks I should just get another $5k? It looks like i-Bond fixed rate will go down to 0% and stay there for the foreseeable future given the current interest rate situation and economic outlook. I'd get the other $5k now while the getting's goo...
by Mel Lindauer
Sat Apr 25, 2020 12:03 am
Forum: Personal Investments
Topic: Rethinking annuities with a strong portfolio
Replies: 30
Views: 1364

Re: Rethinking annuities with a strong portfolio

With interest rates so low and dropping, chances are that payouts for SPIAs will be much lower at this time. It might pay to wait for interest rates to get a bit more attractive. And while you're waiting for that to happen, you'll also be aging, which increases the payout, too.
by Mel Lindauer
Fri Apr 24, 2020 9:28 pm
Forum: Personal Investments
Topic: I-Bonds for emergency fund, now or wait?
Replies: 17
Views: 2560

Re: I-Bonds for emergency fund, now or wait?

Looks like now is the time this year. is it better to buy i-bonds 2x a year ($5k each) in case underlying rate changes, or just do 1 purchase? Once a year is fine, If you planned $10k now might be the time for the year. Barely worthwhile to try to time the fixed rate. The only time I'd consider buy...
by Mel Lindauer
Thu Apr 23, 2020 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 117
Views: 7278

Re: Undoing your already-taken RMD for 2020

Passing along my experience with a previously-taken 2020 RMD now that they're no longer required. With the passage of the CARE act, which included a provision waiving 2020 RMDs, some of us found that we were in a predicament because we had already taken our 2020 RMD and wish we hadn't. That can be ...
by Mel Lindauer
Thu Apr 23, 2020 11:51 pm
Forum: Personal Investments
Topic: Only option for 403b is a Metlife Var Annuity
Replies: 23
Views: 810

Re: Only option for 403b is a Metlife Var Annuity

IMO, it should be illegal to put a tax-deferred annuity, with all of it's extra costs, inside an already tax-deferred retirement plan.
by Mel Lindauer
Thu Apr 23, 2020 11:38 pm
Forum: Personal Consumer Issues
Topic: I Got Scammed To Send Amazon Gift Cards
Replies: 119
Views: 9346

Re: I Got Scammed To Send Amazon Gift Cards

So if a hospital or doctors calls when your son/daughter/spouse/relative is in the ICU after a bad accident, you don't answer because you don't recognize the number? Yes. Of course I would not know that the call was from a hospital or a doctor. Yes you would not know, but is that a reason to not an...
by Mel Lindauer
Thu Apr 23, 2020 11:09 pm
Forum: Personal Investments
Topic: Leaning towards EE Bond Purchase...
Replies: 36
Views: 2055

Re: Leaning towards EE Bond Purchase...

I know a lot of BHs aren't big fans of the EE bonds (though some are)....am thinking of buying between $5k-$7.5k soon. This would come out of my 18+ month EF. It seems like an extra bit of diversification in case rates stay low for 20 years and stocks don't recover very well from the coronavirus. I...
by Mel Lindauer
Thu Apr 23, 2020 10:25 pm
Forum: Personal Investments
Topic: Leaning towards EE Bond Purchase...
Replies: 36
Views: 2055

Re: Leaning towards EE Bond Purchase...

I like ibonds as part of my e-fund because they have many of the same advantages without needing to hold them for 20 years to get the rate bump, but if held for 20 years the ee bonds may beat them on rate. Agree with this. If it's for e-fund purposes, I bonds are better. Will track inflation, and w...
by Mel Lindauer
Thu Apr 23, 2020 10:01 pm
Forum: Personal Investments
Topic: I-Bonds for emergency fund, now or wait?
Replies: 17
Views: 2560

Re: I-Bonds for emergency fund, now or wait?

Atomic wrote:
Thu Apr 23, 2020 9:55 pm
Looks like now is the time this year.
I agree. Don't see any reason to wait and several reasons not to.
by Mel Lindauer
Wed Apr 22, 2020 11:41 pm
Forum: Personal Consumer Issues
Topic: I Got Scammed To Send Amazon Gift Cards
Replies: 119
Views: 9346

Re: I Got Scammed To Send Amazon Gift Cards

Two red flags folks need to look out for: 1. A known friend has a strange story (got robbed, lost wallet, grandson in jail, etc.) and need immediate help. (Call that person and confirm, since it often means that person's email account has been hacked and the scammers are sending that email out to a...
by Mel Lindauer
Wed Apr 22, 2020 10:31 pm
Forum: Personal Consumer Issues
Topic: I Got Scammed To Send Amazon Gift Cards
Replies: 119
Views: 9346

Re: I Got Scammed To Send Amazon Gift Cards

Two red flags folks need to look out for: 1. A known friend has a strange story (got robbed, lost wallet, grandson in jail, etc.) and need immediate help. (Call that person and confirm, since it often means that person's email account has been hacked and the scammers are sending that email out to al...
by Mel Lindauer
Wed Apr 22, 2020 10:16 pm
Forum: Investing - Theory, News & General
Topic: Fixed Index Annuities - better than bonds?
Replies: 18
Views: 1068

Re: Fixed Index Annuities - better than bonds?

I recall that it is even worse that the insurance company can change the underlying costs such that they make out in the end. Truly a huge stinking pile. From the FINRA warning (link in Nisiprius’ post): Caution! Some EIAs allow the insurance company to change participation rates, cap rates, or spr...
by Mel Lindauer
Wed Apr 22, 2020 9:59 pm
Forum: Personal Investments
Topic: I'd like to buy 30-year treasury bonds
Replies: 34
Views: 1826

Re: I'd like to buy 30-year treasury bonds

HEDGEFUNDIE wrote:
Wed Apr 22, 2020 9:55 pm
Mel Lindauer wrote:
Wed Apr 22, 2020 9:53 pm
Or consider EE Bonds which are guaranteed to double in 30 years. Yield is approx. 3.5% if held for the entire 30 years.
20 years
Thanks. I fixed the typo. :oops:
by Mel Lindauer
Wed Apr 22, 2020 9:53 pm
Forum: Personal Investments
Topic: I'd like to buy 30-year treasury bonds
Replies: 34
Views: 1826

Re: I'd like to buy 30-year treasury bonds

Or consider EE Bonds which are guaranteed to double in 20 years. Yield is approx. 3.5% if held for the entire 30 years.
by Mel Lindauer
Wed Apr 22, 2020 7:39 pm
Forum: Personal Investments
Topic: 457b and the Risk of State Bankruptcy Question
Replies: 10
Views: 643

Re: 457b and the Risk of State Bankruptcy Question

This thread is locked. Under current bankruptcy law, states aren't allowed to go bankrupt.
by Mel Lindauer
Wed Apr 22, 2020 7:31 pm
Forum: Personal Investments
Topic: State bankruptcy and pensions
Replies: 14
Views: 1425

Re: State bankruptcy and pensions

This thread is locked. As was pointed out above, current bankruptcy law does not allow states to declare bankruptcy.

by Mel Lindauer
Wed Apr 22, 2020 2:53 pm
Forum: Investing - Theory, News & General
Topic: Fixed Index Annuities - better than bonds?
Replies: 18
Views: 1068

Re: Fixed Index Annuities - better than bonds?

Here's a Forbes column I did on these awful things back when they were called Equity Indexed Annuities. Their reputation got so tainted, they changed the name to Fixed Index Annuities. Still the same animal. https://www.forbes.com/2010/08/10/truth-about-equity-indexed-annuities-personal-finance-bogl...