Search found 12624 matches

by Mel Lindauer
Thu Dec 14, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: I-bonds in December
Replies: 10
Views: 2014

Re: I-bonds in December

Remember that if you ever find yourself approaching the upper income limits for using your I Bonds, tax-free, for qualifying educational expenses, you can redeem them, put the ENTIRE proceeds into your 529 Plan and that will be a tax-free event, since 529 Plans are considered to be a qualifying edu...
by Mel Lindauer
Wed Dec 13, 2017 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: I-bonds in December
Replies: 10
Views: 2014

Re: I-bonds in December

If you are earmarking for education why not just stick with 529? Are you concerned about overfunding? iBonds: Taxfree growth for education but you get the ibond rate. No state-deductions on contributions. If not used by education - can be used for other purposes (but will have to pay taxes on earni...
by Mel Lindauer
Wed Dec 13, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: I-bonds in December
Replies: 10
Views: 2014

Re: I-bonds in December

Remember that if you ever find yourself approaching the upper income limits for using your I Bonds, tax-free, for qualifying educational expenses, you can redeem them, put the ENTIRE proceeds into your 529 Plan and that will be a tax-free event, since 529 Plans are considered to be a qualifying educ...
by Mel Lindauer
Sun Dec 10, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 3951

Re: Buying index funds is just as speculative as buying Bitcoin

This thread is locked. Non-actionable and speculative. - Mod Mel
by Mel Lindauer
Sun Dec 10, 2017 10:26 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Guide to Investing – today’s Kindle deals
Replies: 6
Views: 1165

Re: The Bogleheads' Guide to Investing – today’s Kindle deals

For those interested, “The Bogleheads' Guide to Investing” is one of today’s Amazom Kindle deals for $4.99. I think this book has been mentioned a few times on this forum :happy Thanks for the heads up, letting us know that our book is selling at a reduced price in Kindle format. Taylor and I didn'...
by Mel Lindauer
Sun Dec 10, 2017 10:16 pm
Forum: Personal Consumer Issues
Topic: Danger of being a helicopter pilot?
Replies: 40
Views: 3710

Re: Danger of being a helicopter pilot?

BrianMc wrote:
Sun Dec 10, 2017 10:39 am
Good morning. Former Unrestricted Naval Aviator here representing the Men's Department of the Department of the Navy (Mel will get this). :D
Semper Fi, Brian. Thank you for your service.
by Mel Lindauer
Sat Dec 09, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Pakistan Real Estate?
Replies: 38
Views: 3491

Re: Dubai and Pakistan Real Estate?

Not advocating this by any means. Difficult to find a pure reit play from within the US. THIS REIT has about 30 per cent reit in UAE. https://www.forbes.com/sites/kenrapoza/2015/01/26/how-to-buy-into-uaes-futuristic-real-estate-market/#62b9db25491e http://portfolios.morningstar.com/fund/summary?t=U...
by Mel Lindauer
Sat Dec 09, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 36
Views: 2082

Re: If you use EE Bonds, what did drive your decision

Here's one good use for EE Bonds. This Forbes article I did some time ago explains how to use EE Bonds to build an income stream (annuity) in retirement.

https://www.forbes.com/sites/theboglehe ... 6334537ba3
by Mel Lindauer
Sat Dec 09, 2017 9:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Any Interest in a New Zealand Local Chapter?
Replies: 0
Views: 147

Any Interest in a New Zealand Local Chapter?

Hi Everyone:

I've been contacted by someone who has agreed to lead a new Local Chapter in New Zealand.

Anyone interested? If so, post here and when we get four more New Zealand Bogleheads, we'll get your Chapter up and running.
by Mel Lindauer
Sat Dec 09, 2017 5:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 265
Views: 44301

Re: South Florida Local Chapter

Nice group for your next meeting, Miriam. Didn't see your name on the list, so I'll add one more to the count.

Give my best regards to all those in attendance.
by Mel Lindauer
Sat Dec 09, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Danger of being a helicopter pilot?
Replies: 40
Views: 3710

Re: Danger of being a helicopter pilot?

Excellent advice here. However, I'm concerned with the information that OP is being given. You cannot fly for pay on a Private Pilot Certificate, be it fixed wing or rotary. You need at least a Commercial Certificate. You can easily verify this at the FAA's website. So if the "boss" is telling you ...
by Mel Lindauer
Sat Dec 09, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: Danger of being a helicopter pilot?
Replies: 40
Views: 3710

Re: Danger of being a helicopter pilot?

Excellent advice here. However, I'm concerned with the information that OP is being given. You cannot fly for pay on a Private Pilot Certificate, be it fixed wing or rotary. You need at least a Commercial Certificate. You can easily verify this at the FAA's website. So if the "boss" is telling you ...
by Mel Lindauer
Fri Dec 08, 2017 9:48 pm
Forum: Investing - Theory, News & General
Topic: Taylor offers a Boglehead Bobblehead for Sale
Replies: 1
Views: 804

Taylor offers a Boglehead Bobblehead for Sale

There's an interesting exchange on this thread that probably deserves a thread of it's own. These Bogle Bobbleheads are as scarce as hen's teeth.

viewtopic.php?p=3654697#p3654697
by Mel Lindauer
Fri Dec 08, 2017 9:26 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 33
Views: 6157

Re: Any thoughts on The Aurora Report? [Arora Report]

It's very easy to pick winners looking in the rear view mirror. The real trick is to pick them IN ADVANCE of those nice returns.

Just remember: You can't buy yesterday's returns. Lots of investors lose lots of money trying (it's called "performance chasing").
by Mel Lindauer
Fri Dec 08, 2017 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Variable annuities Yes/No
Replies: 49
Views: 5230

Re: Variable annuities Yes/No

smectym wrote: ↑Mon Dec 04, 2017 8:35 am I’m like friar1610 above. Own a large Vanguard VA funded back in an earlier millennium. I bought it because we were maxed out on tax-deferred space in 401(k)/IRA. I certainly haven’t lost money or gone broke because I purchased a Vanguard Variable Annuity. I...
by Mel Lindauer
Thu Dec 07, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 51
Views: 6303

Re: I-Bonds?

I-bonds are the best investment ever. Read this blog to get more info: https://tipswatch.com/tracking-inflation-and-i-bonds/ (see the bottom of the post on why they are great investment.) I wish it was not limited to only $10K per year. And I wish my 401k offer TIPS (even a fund). In the "good old ...
by Mel Lindauer
Wed Dec 06, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Variable annuities Yes/No
Replies: 49
Views: 5230

Re: Variable annuities Yes/No

As with all things, it depends. The industry has made some changes to the commissions charged for these annuities as some insurers offer annuity products where there is no up-front commission but, rather an advisory-like fee each year of 1% or so. I would guess that most annuities are still sold wh...
by Mel Lindauer
Wed Dec 06, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Cat sitter info
Replies: 21
Views: 1027

Re: Cat sitter info

This thread is locked. I've had to remove offensive posts and posts responding to the offensive post.
by Mel Lindauer
Mon Dec 04, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Variable annuities Yes/No
Replies: 49
Views: 5230

Re: Variable annuities Yes/No

In general, VA products are complicated which leads many products being sold without full comprehension of the buyer. For this reason alone, I would stay away from them. Also, not exactly in the insurer's wheel house right now given how low interest rates. Looks like your NWM broker is trying to br...
by Mel Lindauer
Mon Dec 04, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Variable annuities Yes/No
Replies: 49
Views: 5230

Re: Variable annuities Yes/No

We use the space for bond allocation, to sidestep one of the major raps against VA’s: losing favorable tax treatment of equity capital gains and dividends. (But—a point VA-haters sometimes fail to acknowledge in the same breath—the identical problem exists with 401(k)’s and IRA’s). . . . However, h...
by Mel Lindauer
Sun Dec 03, 2017 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Variable annuities Yes/No
Replies: 49
Views: 5230

Re: Variable annuities Yes/No

Here's a Forbes column I did some time ago on these things.

Annuities: Good, Bad Or Ugly?

https://www.forbes.com/2010/06/04/varia ... 2fb52f653e

SPOILER ALERT: Don't do it!
by Mel Lindauer
Sun Dec 03, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: Podcasts for Bogleheads?
Replies: 23
Views: 3194

Re: Podcasts for Bogleheads?

I have a couple Vanguard podcasts in my feed, but they haven't posted anything in a while. FWIW, during the recent Bogleheads Conference, Christine Benz, Allan Roth and I each recorded individual podcasts at Vanguard's studios. They will be part of a new series of podcasts that Vanguard plans to st...
by Mel Lindauer
Tue Nov 28, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 34
Views: 5245

Re: BOGLEHEADS 2017 VIDEOS

Look forward to: The excellent session by Mike Piper and Mel Turner, "Annuities: The Good, The Bad, and the Ugly" was indeed recorded and will be posted next! Thanks Paul I'm looking forward to seeing it, too. I was doing a simultaneous book-signing session when they were doing their presentation, ...
by Mel Lindauer
Tue Nov 28, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 34
Views: 5245

Re: BOGLEHEADS 2017 VIDEOS

denovo wrote:
Tue Nov 28, 2017 12:32 am
I watched the two Jack Bogle videos from 2017. They were pretty interesting, it's good for people like me who are to cheap to travel to Philadelphia.*


* I would reconsider if it was in Vegas.
We did hold one of our previous Conferences in Vegas. (Think is was in 2005.)
by Mel Lindauer
Sun Nov 26, 2017 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity - Time to Surrender ?
Replies: 64
Views: 3489

Re: Variable Annuity - Time to Surrender ?

munemaker wrote:
Sun Nov 26, 2017 9:05 am
Mel Lindauer wrote:
Tue Nov 21, 2017 7:44 pm

IMO, there's simply no reason to pay more to put a high-cost, tax-deferred annuity inside an already tax-deferred retirement plan.
Putting a tax-deferred annuity inside an IRA only makes sense to the person selling them.
Couldn't agree more. That was my point.
by Mel Lindauer
Sat Nov 25, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16279

Re: Anyone tired of the stock market going up?

I couldn't care less. I'm going to invest the same amount every week regardless of market activities. Plus, I'm "only" 36, so I know I have a long, long time to go. I would prefer that the market lose 99% of its value tomorrow, but that just isn't viable :mrgreen: Yes, younger folks making regular ...
by Mel Lindauer
Sat Nov 25, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16279

Re: Anyone tired of the stock market going up?

I couldn't care less. I'm going to invest the same amount every week regardless of market activities. Plus, I'm "only" 36, so I know I have a long, long time to go. I would prefer that the market lose 99% of its value tomorrow, but that just isn't viable :mrgreen: Yes, younger folks making regular ...
by Mel Lindauer
Fri Nov 24, 2017 10:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 126
Views: 22097

Re: Vanguard has switched to brokerage only accounts

My Vanguard brokerage statements are "Year to Date". Not sure why others seem to be having problems getting their statements that way. Call Vanguard and tell them your preference. Mel - Your "year to date statement" at year end (i.e. December statement) will show the transactions for all 12 months?...
by Mel Lindauer
Fri Nov 24, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16279

Re: Anyone tired of the stock market going up?

With the big runup in the market, with all this talk about taking some off the top, what about capital gains taxes? Here's a nice paper on how to more efficiently balance one's portfolio: https://www.vanguard.com/pdf/icrpr.pdf I didn't read the linked article, but there are no capital gains tax con...
by Mel Lindauer
Fri Nov 24, 2017 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16279

Re: Anyone tired of the stock market going up?

With the big runup in the market, with all this talk about taking some off the top, what about capital gains taxes? Here's a nice paper on how to more efficiently balance one's portfolio: https://www.vanguard.com/pdf/icrpr.pdf I didn't read the linked article, but there are no capital gains tax con...
by Mel Lindauer
Fri Nov 24, 2017 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16279

Re: Anyone tired of the stock market going up?

With the big runup in the market, with all this talk about taking some off the top, what about capital gains taxes? Here's a nice paper on how to more efficiently balance one's portfolio: https://www.vanguard.com/pdf/icrpr.pdf I didn't read the linked article, but there are no capital gains tax con...
by Mel Lindauer
Fri Nov 24, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 126
Views: 22097

Re: Vanguard has switched to brokerage only accounts

My Vanguard brokerage statements are "Year to Date". Not sure why others seem to be having problems getting their statements that way. Call Vanguard and tell them your preference. Mel - Your "year to date statement" at year end (i.e. December statement) will show the transactions for all 12 months?...
by Mel Lindauer
Fri Nov 24, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity - Time to Surrender ?
Replies: 64
Views: 3489

Re: Variable Annuity - Time to Surrender ?

.. The 3-4% annual fee drag is a lot to overcome. ... That's a large portion of your expected return to pay for the privilege of turning your qualified dividends and capital gains into ordinary income. Both quoted statements are so true. It's really simple; normally you'd want to avoid annuities ot...
by Mel Lindauer
Fri Nov 24, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 16279

Re: Anyone tired of the stock market going up?

There's an old saying that "The market climbs a wall of worry." And unharnessed exuberance by the masses seems to be a sure-fire market killer (as in the previous "tech wreck"). Revisit and rebalance back to your desired "sleep-at-night" asset allocation and then ignore the market gyrations. It will...
by Mel Lindauer
Fri Nov 24, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 126
Views: 22097

Re: Vanguard has switched to brokerage only accounts

My Vanguard brokerage statements are "Year to Date". Not sure why others seem to be having problems getting their statements that way.

Call Vanguard and tell them your preference.
by Mel Lindauer
Thu Nov 23, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 88
Views: 11258

Re: Valuation of EE Savings Bonds

While not directly addressing the "how to value" question, here's another way to look at EE Bonds. It's a Forbes column I did some time ago about building your own annuity with EE Bonds. https://www.forbes.com/sites/thebogleheadsview/2013/03/01/build-your-own-annuity/#1bd4c0047ba3 Hi Mel! Thanks fo...
by Mel Lindauer
Thu Nov 23, 2017 5:01 pm
Forum: Local Chapters and Bogleheads Community
Topic: A Thanksgiving to Remember: A Bit of Bogleheads History
Replies: 20
Views: 2124

Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Thanks for posting Mel, and thanks for signing the book for me at the conference. I really enjoyed listening to your stories concerning your own history. Happy Thanksgiving and best to you, Dan My pleasure, Dan. Always enjoying talking with others about investing, including all the mistakes I made ...
by Mel Lindauer
Thu Nov 23, 2017 4:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: A Thanksgiving to Remember: A Bit of Bogleheads History
Replies: 20
Views: 2124

Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Jazzman wrote:
Thu Nov 23, 2017 12:28 pm
Thanks for posting this article, Mel. Each time I read it I am amazed. Happy Thanksgiving!
Jesse
And a very Happy Thanksgiving to your and yours, Jesse. Always enjoy seeing your smiling face at our annual Conferences. Hope to see you again next year.
by Mel Lindauer
Thu Nov 23, 2017 12:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: May You Always Do For Others And Let Others Do for You - Happy Thanksgiving dear Bogleheads
Replies: 15
Views: 1131

Re: May You Always Do For Others And Let Others Do for You - Happy Thanksgiving dear Bogleheads

LarryG wrote:
Thu Nov 23, 2017 11:11 am
Good to see your post and hope all is well with you. Happy Thanksgiving
Larry G.
Always nice to see your name on a post, Larry. Happy Thanksgiving to you and yours.
by Mel Lindauer
Thu Nov 23, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: UAE (Dubai) Bogleheads Chapter in the News
Replies: 4
Views: 610

UAE (Dubai) Bogleheads Chapter in the News

[Thread merged into here, see below. --admin LadyGeek] The Bogleheads reach is international. One of our foreign Local Bogleheads chapters (the Dubai UAE Bogleheads Chapter) was in the news. Nice story. The headline is: Invest like a Boglehead and build a low-cost portfolio of index funds https://w...
by Mel Lindauer
Wed Nov 22, 2017 10:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: May You Always Do For Others And Let Others Do for You - Happy Thanksgiving dear Bogleheads
Replies: 15
Views: 1131

Re: May You Always Do For Others And Let Others Do for You - Happy Thanksgiving dear Bogleheads

Thanks for the good wishes, Daisy Dog. Always nice to see your name on a post.

I hope that this Thanksgiving is the best ever for you and yours. Hope to see you at the 2018 Bogleheads Conference.

Best regards,

Mel
by Mel Lindauer
Wed Nov 22, 2017 4:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: A Thanksgiving to Remember: A Bit of Bogleheads History
Replies: 20
Views: 2124

Re: A Thanksgiving to Remember: A Bit of Bogleheads History

CollegePrudens wrote:
Wed Nov 22, 2017 1:13 am
All I can say is WOW!
Me too! Still seems like a fairy tale.
by Mel Lindauer
Tue Nov 21, 2017 11:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: A Thanksgiving to Remember: A Bit of Bogleheads History
Replies: 20
Views: 2124

A Thanksgiving to Remember: A Bit of Bogleheads History

This was taken from a Forbes column I did some time ago. It tells the story of how it all got started with Jack Bogle. Hope you enjoy reading this bit of history and that each and every one of you have a very Happy Thanksgiving. https://www.bogleheads.org/wiki/A_Thanksgiving_to_Remember'' Best regar...
by Mel Lindauer
Tue Nov 21, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity - Time to Surrender ?
Replies: 64
Views: 3489

Re: Variable Annuity - Time to Surrender ?

... IMO, it should be illegal to sell someone a high-cost tax-deferred annuity inside an already tax-deferred product. Is it worse in an IRA than in a taxable account? In a taxable account, you get the benefit of tax deferral at the cost of converting your qualified dividends and capital gains to o...
by Mel Lindauer
Tue Nov 21, 2017 6:19 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 25
Views: 5114

Re: Jack Bogle, the word's richest man

Buddtholomew wrote:
Mon Nov 20, 2017 9:08 pm
Can we change the misspelling?
Changed the OP. Any subsequent (non-quoted) responses will show the corrected post title.
by Mel Lindauer
Tue Nov 21, 2017 6:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 25
Views: 5114

Re: Jack Bogle, the word's richest man

Buddtholomew wrote:
Mon Nov 20, 2017 9:08 pm
Can we change the misspelling?
Changed the OP. This and any subsequent responses will show the corrected post title.