Search found 13194 matches

by Mel Lindauer
Tue Jun 25, 2019 9:21 am
Forum: Personal Consumer Issues
Topic: Pickleball Paddle recommendation?
Replies: 20
Views: 770

Re: Pickleball Paddle recommendation?

No recommendations, just an internet hi-five to the pickleball players on the forum. When we go to our local municipal rec center, I love seeing people playing pickleball. We play in the driveway with family. Good on you for being active, whether you're age 10-110! We're fortunate that we don't hav...
by Mel Lindauer
Mon Jun 24, 2019 9:37 pm
Forum: Personal Consumer Issues
Topic: Pickleball Paddle recommendation?
Replies: 20
Views: 770

Re: Pickleball Paddle recommendation?

II started out with a paddle from Dick's Sporting Goods for around $65. Then I had my paddles custom made in Canada at a reasonable price ($125). You pick the edge color (I chose green for all of mine), thickness (light or heavy, thick or thin) and the handle size.' I have three (two thin and one th...
by Mel Lindauer
Mon Jun 24, 2019 3:36 pm
Forum: Investing - Theory, News & General
Topic: Reporter doing story on MM Acct. Checking
Replies: 0
Views: 325

Reporter doing story on MM Acct. Checking

Hi everyone: A known reporter with a national publication would like to hear from anyone who has written a check to the Internal Revenue Service on a Vanguard (or another investment firm) money-market account and then had the check rejected by the IRS. If so, and you'd like to be interviewed for the...
by Mel Lindauer
Mon Jun 24, 2019 3:32 pm
Forum: Forum Issues and Administration
Topic: I am rejecting from reading a post
Replies: 11
Views: 2051

Re: I am rejecting from reading a post

Apologies for not making this plain before, still learning the board software. The topic in question has been removed for moderator review. international001: if you happened to be reading the topic when it was moved, and clicked on one of the page selection buttons, you'll see this sort of message....
by Mel Lindauer
Sun Jun 23, 2019 7:31 am
Forum: Investing - Theory, News & General
Topic: Vanguard Variable Annuity - Transitioning to Access Only Through Transamerica
Replies: 42
Views: 2952

Re: Vanguard Variable Annuity - Transitioning to Access Only Through Transamerica

Present Vanguard Annuity holders should have no concern. The terms of the original contract rule. Dale Not necessarily true since TA might raise the insurance side of the costs. That would be my primary concern. Mel, my 1999 Vanguard Variable Annuity contract clearly states the Administrative fee (...
by Mel Lindauer
Fri Jun 21, 2019 7:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Variable Annuity - Transitioning to Access Only Through Transamerica
Replies: 42
Views: 2952

Re: Vanguard Variable Annuity - Transitioning to Access Only Through Transamerica

Dale_G wrote:
Fri Jun 21, 2019 6:08 pm
Present Vanguard Annuity holders should have no concern. The terms of the original contract rule.

Dale
Not necessarily true since TA might raise the insurance side of the costs. That would be my primary concern.
by Mel Lindauer
Wed Jun 19, 2019 11:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Variable Annuity - Transitioning to Access Only Through Transamerica
Replies: 42
Views: 2952

Re: Vanguard Variable Annuity - Transitioning to Access Only Through Transamerica

However, Vanguard will continue to provide and manage the annuity sub-accounts just as they do now. The investment options will remain the same as they are now.
by Mel Lindauer
Wed Jun 19, 2019 8:09 am
Forum: Investing - Theory, News & General
Topic: Reporter doing story on bonds
Replies: 0
Views: 220

Reporter doing story on bonds

I received this request from a known WSJ reporter. If you're interested in being interviewed for this story, contact Dan directly. ********************** My name is Dan Kruger. I’m a reporter for the Wall Street Journal and I would like to talk with investors about bonds and how they approach invest...
by Mel Lindauer
Tue Jun 18, 2019 8:49 pm
Forum: Personal Investments
Topic: MetLife Preference Premier Variable Annuity Keep or Dump
Replies: 12
Views: 846

Re: MetLife Preference Premier Variable Annuity Keep or Dump

Have had this product for the 10 year required time frame. Have received an offer to cancel my LWG rider - should I? Looks like a lot of the perks are now going away. I was planning on Annuitizing for the lifetime payout. My representative is suggesting I actually dump this product and that he has ...
by Mel Lindauer
Mon Jun 17, 2019 8:26 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads on Investing" podcast hits milestone
Replies: 17
Views: 1608

Re: "Bogleheads on Investing" podcast hits milestone

Congratulations on that milestone, Rick. You've been doing an outstanding job, and I expect that one of these days you'll be posting that you've hit the million mark.

Keep doing what you're doing so well, Rick; you're a natural.

Semper Fir and best regards,

Mel
by Mel Lindauer
Sun Jun 09, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: Best day of the month to invest?
Replies: 41
Views: 4470

Re: Best day of the month to invest?

goldendad wrote:
Sat Jun 08, 2019 11:16 pm
When you have the money to do so.
Agree. That was precisely what my post was meant to convey.
by Mel Lindauer
Sat Jun 08, 2019 3:10 pm
Forum: Investing - Theory, News & General
Topic: Best day of the month to invest?
Replies: 41
Views: 4470

Re: Best day of the month to invest?

After doing extensive research, I've found that the best days to invest your funds are weekdays that end in "Y".
by Mel Lindauer
Sat Jun 01, 2019 1:00 pm
Forum: Investing - Theory, News & General
Topic: 2019 BOGLEHEADS CONFERENCE REGISTRATION IS CLOSED. WAIT LIST IS AVAILABLE.
Replies: 102
Views: 11691

Re: 2019 BOGLEHEADS CONFERENCE REGISTRATION IS CLOSED. WAIT LIST IS AVAILABLE.

What is the capacity of this event? Are most people fans just like us here, or so you also see a lot of professional people from the industry? While we could obviously sell out a much larger venue, we purposely cap it at 200. That's a number where attendees don't feel lost in a huge crowd and they ...
by Mel Lindauer
Sat Jun 01, 2019 12:58 pm
Forum: Investing - Theory, News & General
Topic: Concerning Ibonds- sales 1099 both paper & TD
Replies: 12
Views: 876

Re: Concerning Ibonds- sales 1099 both paper & TD

Mel is correct that Treasury Direct doesn't send you a 1099, BUT Treasury Direct does send an email stating the 1099 is available for review/download. So, it pays to make sure your email address on file is accurate. I'm thinking I don't receive any 1099s in the mail, I download them all. And, OP: I...
by Mel Lindauer
Sat Jun 01, 2019 12:48 pm
Forum: Investing - Theory, News & General
Topic: 2019 BOGLEHEADS CONFERENCE REGISTRATION IS CLOSED. WAIT LIST IS AVAILABLE.
Replies: 102
Views: 11691

Re: 2019 BOGLEHEADS CONFERENCE REGISTRATION IS CLOSED. WAIT LIST IS AVAILABLE.

What is the capacity of this event? Are most people fans just like us here, or so you also see a lot of professional people from the industry? While we could obviously sell out a much larger venue, we purposely cap it at 200. That's a number where attendees don't feel lost in a huge crowd and they ...
by Mel Lindauer
Fri May 31, 2019 8:22 am
Forum: Investing - Theory, News & General
Topic: Concerning Ibonds- sales 1099 both paper & TD
Replies: 12
Views: 876

Re: Concerning Ibonds- sales 1099 both paper & TD

When redeeming paper bonds, one bank I used issued the 1099 at the time of the redemption while another sent the 1099 at tax time, as expected.

On the other hand, if you redeem at TD, it's up to you to remember to go online and get your 1099 since they don't send them.
by Mel Lindauer
Sun May 26, 2019 12:17 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13569

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

Some time ago (can't remember whether it was a Forbes article I wrote or something I posted here), I made the case for three separate TD funds for each year, since folks often didn't know they were supposed to look under the hood of the various TD funds to find the asset allocation they wanted, rath...
by Mel Lindauer
Sun May 26, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 87
Views: 8602

Re: No more print Money magazine

Back in 2012, Taylor, Laura (the Queen of the Bogleheads) and I were honored as Money Heroes for Investor Education by Money Magazine. I considered it recognition of the good work that this forum was doing and accepted on behalf of all the Bogleheads who contributed to the success of the forum. I di...
by Mel Lindauer
Sun May 26, 2019 11:29 am
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 87
Views: 8602

Re: No more print Money magazine

I'm sorry to see Money Magazine go. We discovered Bogleheads through Jason Zwieg's September 2001 article "Here Come the Bogleheads". WIthout that article, we may have never known about the Bogleheads. Ed And for that, Marlene and I are eternally grateful. You and Patti have become such good friend...
by Mel Lindauer
Tue May 21, 2019 6:34 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13569

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

And if you want an asset allocation that remains constant, the Vanguard Life Strategy.series of funds offer a nicely-diversified portfolio in a single low-cost fund that rebalancs automatically.
by Mel Lindauer
Mon May 20, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Mid Caps have outperformed Large & Small for the past 50 years. Yet I see very little recommendation for them. Why?
Replies: 74
Views: 8517

Re: Mid Caps have outperformed Large & Small for the past 50 years. Yet I see very little recommendation for them. Why?

The real question is why weren't they recommended 50 years ago? EDIT: Or 19 years ago? Actually, I first made the case for mid-caps back in 2000 in a discussion of slice-and-dice with Larry Swedroe on the old Morningstar Vanguard Diehards forum. Since I was apparently the lone voice recommending mi...
by Mel Lindauer
Fri May 17, 2019 11:54 pm
Forum: Investing - Theory, News & General
Topic: Mid Caps have outperformed Large & Small for the past 50 years. Yet I see very little recommendation for them. Why?
Replies: 74
Views: 8517

Re: Mid Caps have outperformed Large & Small for the past 50 years. Yet I see very little recommendation for them. Why?

I started recommending mid-caps nearly 20 years ago in a discussion with Larry Swedroe on the old Morningstar Vanguard Diehards forum. I suggested that mid caps might be a good single equity holding and that it could be better than Larry's slice and dice portfolio of large and small. Over the years,...
by Mel Lindauer
Fri May 17, 2019 11:20 pm
Forum: Personal Investments
Topic: ibonds and 529
Replies: 8
Views: 1018

Re: ibonds and 529

ThisTimeItsDifferent wrote:
Fri May 17, 2019 4:33 pm

The child (or self?) must be listed as a beneficiary on the bonds, not as an owner or co-owner.
This statement is incorrect. It should say that the child MAY be listed as the beneficiary but not as the owner or co-owner.
by Mel Lindauer
Fri May 17, 2019 8:59 am
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 57
Views: 7015

Re: Richmond, VA Area Local Chapter

Ok everyone, Mel's going to post something up as well, but I'm going to take a stab and getting the Richmond Chapter resurrected. Here's my contact information: Jeff RVABogleHeads@gmail.com First gathering will be at Tazza Kitchen, Tuesday June 4th @ 5:00. https://www.tazzakitchen.com/location/shor...
by Mel Lindauer
Thu May 16, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: Reporter doing story on new indexes
Replies: 13
Views: 1343

Reporter doing story on new indexes

Hello Everyone: I received this request from a known reporter. I am working on an article on whether you can follow Bogle’s investment advice – sticking with a traditional S&P 500 fund – and still invest for environmental, social and governance factors. S&P recently came out with another version of ...
by Mel Lindauer
Wed May 15, 2019 2:10 pm
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7250

Re: For how long will the forum be around?

As long as the evil of active management is around, the good Bogleheads of this forum will be here to fight it tooth and nail! :twisted: :twisted: :twisted: :wink: Something that does worry me a little is that the Vanguard DieHards Forum at morningstar.com will be taken down one day. There's some r...
by Mel Lindauer
Wed May 15, 2019 10:50 am
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7250

Re: For how long will the forum be around?

As long as the evil of active management is around, the good Bogleheads of this forum will be here to fight it tooth and nail! :twisted: :twisted: :twisted: :wink: Something that does worry me a little is that the Vanguard DieHards Forum at morningstar.com will be taken down one day. There's some r...
by Mel Lindauer
Tue May 14, 2019 2:27 pm
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 57
Views: 7015

Re: Richmond, VA Area Local Chapter

Lots of interest here.

If someone wants to step up and agree to be the Local Coordinator, PM me with an email you'd like to use for this purpose and we'll get you back up and running again.
by Mel Lindauer
Tue May 14, 2019 11:06 am
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 43
Views: 3982

Re: Selling Series I Bonds

Just want to be sure you understand that the accumulated interest is fully taxable at the Federal level once you redeem the I Bonds (the interest is exempt from state and local taxes)
by Mel Lindauer
Tue May 14, 2019 10:58 am
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7250

Re: For how long will the forum be around?

If the owners ever tire of this (i don't expect that to happen) or die (that's inevitable), I feel confident that The John C. Bogle Center for Financial Literacy would see to it that it continues for as long as there was a need for it. You can rest easy; it's not going away. Hopefully, your kids, gr...
by Mel Lindauer
Sun May 12, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 53089

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Doc wrote:
Sat May 11, 2019 12:49 pm
Mel Lindauer wrote:
Sat May 11, 2019 12:25 pm
What did you have to do to get the $2500 bonus?
Goggle "Fidelity move in bonus" and get

https://www.moneysmylife.com/fidelity-promotions/

and several more. :D
Thanks, Doc.
by Mel Lindauer
Sat May 11, 2019 12:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 623
Views: 53089

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

The discontinuance of VA gave us a homework assignment we didn't want or need. I'm disappointed with Vanguard for doing this, and angry that they gave us only a 6 month window to complete it. Not a nice way to treat their most loyal customers! Given that the announcement came at tax time I felt lik...
by Mel Lindauer
Wed May 08, 2019 2:21 pm
Forum: Personal Investments
Topic: Fisher Investments--again
Replies: 16
Views: 3059

Re: Fisher Investments--again

Try Boglehead Advisor Allan Roth, CFP, CPA, MBA. He's a fee-only advisor, author, and columnist. He charges by the hour and doesn't sell anything. His company is Wealth Logic.
by Mel Lindauer
Wed May 08, 2019 8:39 am
Forum: Investing - Theory, News & General
Topic: Happy Heavenly 90th Birthday, Jack Bogle
Replies: 11
Views: 1342

Happy Heavenly 90th Birthday, Jack Bogle

Jack Bogle would have been 90 today. He could have made billions, but instead, he chose to make a difference.

RIP, Jack. Rest assured that we'll continue to carry on your mission.
by Mel Lindauer
Tue May 07, 2019 5:13 am
Forum: Personal Investments
Topic: Actively Managed Tax fund vs boring vanilla index funds?
Replies: 39
Views: 3605

Re: Actively Managed Tax fund vs boring vanilla index funds?

All the folks who manage the fund seem to be bright people but I guess they would do whats good for them. I guess I am going back to my "boring" index funds with VG with total stk and Intnl ETF. thanks ALL for your time. Yeah, they're bright enough to figure out how to manipulate the numbers to ree...
by Mel Lindauer
Mon May 06, 2019 3:37 pm
Forum: Investing - Theory, News & General
Topic: This podcast includes my thoughts on the Bogleheads after Jack
Replies: 8
Views: 1958

Re: This podcast includes my thoughts on the Bogleheads after Jack

Great job, Rick!

I loved your comment about investors "getting out of the pews and joining the choir to help others after they've been helped".

That describes the Bogleheads movement to a T. And, as you stated, because of that, Jack's message will live on and continue to spread.
by Mel Lindauer
Fri May 03, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Move to South Florida or Baltimore?
Replies: 29
Views: 2915

Re: Move to South Florida or Baltimore?

I chose to move to Florida from about 90 miles north of Baltimore (Philly) and have never looked back. Best move I ever made. Feel like I died and went to heaven.

Having said that, my kids are grown and out of college, so I didn't have that issue to deal with.
by Mel Lindauer
Fri May 03, 2019 6:21 pm
Forum: Investing - Theory, News & General
Topic: WSJ Reporter doing story on Kiddie Tax
Replies: 0
Views: 459

WSJ Reporter doing story on Kiddie Tax

Known Wall Street Journal tax columnist Laura Saunders would like to talk ASAP to adults who know children who owed higher Kiddie Tax for 2018 because of the tax overhaul.

If you're interested in being interviewed for the story, you can contact her directly at Laura.Saunders@wsj.com.
by Mel Lindauer
Mon Apr 29, 2019 11:19 am
Forum: US Chapters
Topic: Any interest in a Shelby/Jefferson County AL chapter?
Replies: 49
Views: 4457

Re: Any interest in a Shelby/Jefferson County AL chapter?

I can't believe that there aren't lots more Birmingham-area Bogleheads who'd like to meet with other like-minded Bogleheads from time to time.

If you're interested, let us know on this thread.
by Mel Lindauer
Sun Apr 28, 2019 12:38 pm
Forum: Non-US Chapters
Topic: Any Interest in a New Zealand Local Chapter?
Replies: 8
Views: 1508

Re: Any Interest in a New Zealand Local Chapter?

OK, we're up to four. All we need is one more and someone who agrees to be the Local Chapter Coordinator to communicate with the members about meeting dates, times, locations, agendas, etc.

If someone wants to volunteer for that, simply PM me and we'll get your group established.'
by Mel Lindauer
Sun Apr 28, 2019 12:32 pm
Forum: US Chapters
Topic: Arizona Chapter
Replies: 99
Views: 12144

Re: Arizona Chapter

jbranx wrote:
Sat Apr 27, 2019 9:41 pm
Mel Lindauer wrote:
Thu Apr 25, 2019 8:43 am
If my co-author, Michael LeBoeuf, shows up, tell him I said "hi".
He did indeed show up, Mel, and made a great presentation. Good turnout, good discussion, and more meetings planned.
Great. Michael's an excellent speaker and usually has funny stories, too.
by Mel Lindauer
Sat Apr 27, 2019 7:14 pm
Forum: Personal Investments
Topic: Why buy period certain annuity?
Replies: 13
Views: 1100

Re: Why buy period certain annuity?

I have noticed a number of threads where people have mentioned buying a term certain annuity as a "bridge" to SS or for some similar type reason. Others just state they are going to get a 5 yr. or 10 yr etc term certain for whatever reason. I ran calculations today for a 65 year old male for 10 yea...
by Mel Lindauer
Sat Apr 27, 2019 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Inflation assumption for planning
Replies: 24
Views: 1296

Re: Inflation assumption for planning

Use TIPS and I Bonds to help hedge against unexpected inflation.
by Mel Lindauer
Fri Apr 26, 2019 2:34 pm
Forum: Personal Investments
Topic: Actively Managed Tax fund vs boring vanilla index funds?
Replies: 39
Views: 3605

Re: Actively Managed Tax fund vs boring vanilla index funds?

All the folks who manage the fund seem to be bright people but I guess they would do whats good for them. I guess I am going back to my "boring" index funds with VG with total stk and Intnl ETF. thanks ALL for your time. Yeah, they're bright enough to figure out how to manipulate the numbers to ree...
by Mel Lindauer
Fri Apr 26, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: If you could have only one fund, what would it be?
Replies: 175
Views: 43556

Re: If you could have only one fund, what would it be?

The appropriate Target Date or Life Strategy fund. You get a nicely-diversified portfolio in a single fund. (The TD funds get more conservative as you age while the LS funds retain the same asset allocation.Both rebalance automatically for you.) Set it and forget it.
by Mel Lindauer
Fri Apr 26, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Interest on ibonds
Replies: 23
Views: 1627

Re: Interest on ibonds

Thesaints wrote:
Fri Apr 26, 2019 2:06 pm
Are you guys accounting for the fact that funds used to pay taxes earlier are not available to be invested ?
That's one of the benefits of tax-deferral.
by Mel Lindauer
Fri Apr 26, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Interest on ibonds
Replies: 23
Views: 1627

Re: Interest on ibonds

If the math works out for you, ... I developed a little spreadsheet that does the calculation based on assumed future tax rates. Here is an example using a $10,000 I Bond with 1.60% Fixed Rate Purchased November 2002 mentioned by the original poster in this post . For illustration, it assumes a 22%...
by Mel Lindauer
Fri Apr 26, 2019 12:36 pm
Forum: Personal Investments
Topic: Best book on annuities
Replies: 4
Views: 409

Re: Best book on annuities

Not a book, but a series of Forbes columns I did on various annuities some time ago: https://www.forbes.com/2010/06/04/variable-annuities-high-cost-surrender-fees-personal-finance-bogleheads-view-lindauer.html#33545dfd653e https://www.forbes.com/2010/06/18/variable-annuities-lower-cost-1035-exchange...
by Mel Lindauer
Fri Apr 26, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Eggs in One Basket?
Replies: 22
Views: 2977

Re: Eggs in One Basket?

Here's a post I made on this subject some time ago. Hope it helps. Regards - Mel =============================================== What if Vanguard Went Broke? This is a very serious and timely issue, so I'll address it to hopefully set everyone at ease. First, The Vanguard Group Inc. (VGI) is actuall...