Search found 12684 matches

by Mel Lindauer
Mon Jan 15, 2018 11:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: metro Denver Bogleheads?
Replies: 20
Views: 2607

Re: metro Denver Bogleheads?

I did not see a chapter for metro Denver...any interest? Yes there is/was a Denver Local Chapter (see #40 at this link): https://www.google.com/maps/d/u/0/viewer?mid=1KX-WSvjOwmi1fLocIrz5wHiBB7s If the listed Local Chapter Coordinator is no longer active, then someone else needs to step up and agre...
by Mel Lindauer
Mon Jan 15, 2018 12:10 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 8180

Re: Post your Financial Milestone Announcements Here

I just passed the 20-years-in-retirement mark in Dec. and am still able to enjoy the good life (no dog food on the menu in the foreseeable future). Busier now than when I ran my business. And the business I founded just celebrated its 50th birthday while also celebrating the 20-year mark under the l...
by Mel Lindauer
Sun Jan 14, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 8953

Re: Why is Vanguard switching all accounts to brokerage accounts?

b Lack of Annual Statements -- mutual fund companies provide a year-end statement in print (I'm not sure if this is required by ICA1940 or some other regulation, but it seems universal). Brokerages typically do not send a year-end statement, and sometimes send no statements at all -- which makes lo...
by Mel Lindauer
Sun Jan 14, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 8953

Re: Why is Vanguard switching all accounts to brokerage accounts?

The529guy wrote:
Sun Dec 10, 2017 12:41 pm
I can’t seem to use mobile check deposit after converting to brokerage. Sad.
Mobile check deposit is one former feature that was lost in the "upgrade" to VBS. (There are more.) This is sad indeed.
by Mel Lindauer
Sun Jan 14, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Variable annuity and ACA subsidy
Replies: 12
Views: 612

Re: Variable annuity and ACA subsidy

Mel, you might have sold me on a $10k purchase.. The annual yield looks good, the fixed rate is terrible at .10%.. What are your thoughts on today's rates.. I remember you mentioned years ago how you backed the truck up to load up when they first came out.. LOL Thanks Mike While today's rates are n...
by Mel Lindauer
Sat Jan 13, 2018 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services Fees
Replies: 33
Views: 2179

Re: Vanguard Personal Advisory Services Fees

No question if everything is in tax-deferred (IRA) or tax-free (Roth) space a single Life-Strategy or similar fund would be the easiest/smartest/cheapest thing to do. If there is a significant taxable portion to the investments with large unrealized capital gains, then the management would be more ...
by Mel Lindauer
Sat Jan 13, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services Fees
Replies: 33
Views: 2179

Re: Vanguard Personal Advisory Services Fees

I'd recommend a single-fund portfolio of one of the Life Strategy funds or one of the Target Retirement funds with instructions to not change or do anything on your demise. Vanguard will figure out any required minimum distributions at no cost and with only one fund, there's only one fund to take it...
by Mel Lindauer
Sat Jan 13, 2018 6:37 pm
Forum: Investing - Theory, News & General
Topic: Variable annuity and ACA subsidy
Replies: 12
Views: 612

Re: Variable annuity and ACA subsidy

Isn't I Bond purchases limited? Yes, they're limited to 10K per SS# per year, so that could take care of $20K this year and another 10K per trust. While it's not going to take care of the interest from the entire $300k, it could help a bit if they also have one or more trusts. When you're trying to...
by Mel Lindauer
Sat Jan 13, 2018 6:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: Is there a chapter in upstate NY???
Replies: 18
Views: 7123

Re: Is there a chapter in upstate NY???

Yes, there is an Albany Local Chapter. See Chapter #71 at this link for contact information:

https://www.google.com/maps/d/u/0/viewe ... rz5wHiBB7s
by Mel Lindauer
Sat Jan 13, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: Variable annuity and ACA subsidy
Replies: 12
Views: 612

Re: Variable annuity and ACA subsidy

I Bonds were the first thing that came to mind as I read your OP. The interest isn't reported until they're redeemed, which could be anywhere from one to 30 years.
by Mel Lindauer
Thu Jan 11, 2018 11:45 pm
Forum: Investing - Theory, News & General
Topic: New [Vanguard] CEO will do well - Works the media well
Replies: 5
Views: 702

Re: New CEO will do well - Works the media well

CEO? From what company? Vanguard. Might be worth editing the thread title. Thanks, I fixed it. I don't understand this quote: Hougan: Is there room for smart beta in the Vanguard portfolio? Buckley: In November, we announced a suite of actively managed factor ETFs, our first such offering. But plea...
by Mel Lindauer
Thu Jan 11, 2018 5:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: Is there a U.K bogleheads Chapter??
Replies: 4
Views: 300

Re: Is there a U.K bogleheads Chapter??

Let's see if we get some responses to your thread. If we get five or more who want to establish a Local Chapter and one of you wants to be the Local Chapter Coordinator, then let me know and I'll get your group established and put your contact info on the Local Chapters map so others can find and co...
by Mel Lindauer
Wed Jan 10, 2018 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds and New Tax Law -- any changes?
Replies: 19
Views: 1784

Re: I Bonds and New Tax Law -- any changes?

4. They can be used tax-free for qualifying educational expenses. This last one is often overlooked. I'm using my ibonds to pay for our child's tuition in 10 years in lieu of a 529. Even with cashing them in a few years early, it makes more sense than a 529 since I would be paying income tax otherw...
by Mel Lindauer
Wed Jan 10, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds and New Tax Law -- any changes?
Replies: 19
Views: 1784

Re: I Bonds and New Tax Law -- any changes?

I understand that I can buy a maximum of $10K/year using one social security number. Do the bonds need to be titled just to that social security number, or can I specify joint ownership? And, if I die with uncashed bonds, does the POD recipient pay taxes on the bond income just as I would have? (Th...
by Mel Lindauer
Wed Jan 10, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds and New Tax Law -- any changes?
Replies: 19
Views: 1784

Re: I Bonds and New Tax Law -- any changes?

I understand that I can buy a maximum of $10K/year using one social security number. Do the bonds need to be titled just to that social security number, or can I specify joint ownership? And, if I die with uncashed bonds, does the POD recipient pay taxes on the bond income just as I would have? (Th...
by Mel Lindauer
Wed Jan 10, 2018 4:22 pm
Forum: Personal Consumer Issues
Topic: Best Sources to Buy Prescriptions Out of Pocket
Replies: 49
Views: 2895

Re: Best Sources to Buy Prescriptions Out of Pocket

Our retiree insurance changed in 2018 and now one of my meds is no longer covered. My Google research showed several websites that promise to offer discounts. One of those that seemed promising is Goodrx although their reviews seem mixed. They provide coupons that major drug retailers supposedly ho...
by Mel Lindauer
Wed Jan 10, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: I Bonds and New Tax Law -- any changes?
Replies: 19
Views: 1784

Re: I Bonds and New Tax Law -- any changes?

Mel, Thanks, I have some homework to do. WoodSpinner Having pointed out some reasons to continue to buy and hold I Bonds, I have a hard time getting exciting about buying any more myself after getting them at 3.0, 3.3, 3.4 and 3.6% over and above inflation. Those days are long gone and investors ne...
by Mel Lindauer
Wed Jan 10, 2018 12:11 am
Forum: Investing - Help with Personal Investments
Topic: I Bonds and New Tax Law -- any changes?
Replies: 19
Views: 1784

Re: I Bonds and New Tax Law -- any changes?

Could you help me understand a bit more why you like them for Taxable? Not sure if I am missing something.... WoodSpinner I'll give you two good reasons: 1. They provide additional tax deferred space for up to 30 years even though they're held in your taxable account. 2. You can't put them in a tax...
by Mel Lindauer
Tue Jan 09, 2018 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds and New Tax Law -- any changes?
Replies: 19
Views: 1784

Re: I Bonds and New Tax Law -- any changes?

Could you help me understand a bit more why you like them for Taxable? Not sure if I am missing something.... WoodSpinner I'll give you two good reasons: 1. They provide additional tax deferred space for up to 30 years even though they're held in your taxable account. 2. You can't put them in a tax...
by Mel Lindauer
Tue Jan 09, 2018 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Should we keep this variable annuity?
Replies: 65
Views: 3027

Re: Should we keep this variable annuity?

Several comments: 1. IMO, it should be against the law to sell unsuspecting investors a high-cost annuity inside an already tax-deferred account. Here's a Forbes column I did on this subject a while back: https://www.forbes.com/2010/07/02/variable-annuities-high-cost-401k-403b-personal-finance-bogle...
by Mel Lindauer
Tue Jan 09, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds and New Tax Law -- any changes?
Replies: 19
Views: 1784

Re: I Bonds and New Tax Law -- any changes?

We're considering buying I Bonds this year - $10K for each of us. Do any of the new tax law changes affect the desirability of I Bonds relative to other bond-type investments? None that I'm aware of except that, upon redemption, the tax rate on the interest earned may well be in a lower tax bracket...
by Mel Lindauer
Mon Jan 08, 2018 9:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: Thank You Bogleheads!
Replies: 9
Views: 1127

Re: Thank You Bogleheads!

Success stories like yours make all of our efforts over the past 20 years seem worthwhile. It's heady stuff to know that you had a positive impact on someone's life. And I hope you realize the value of the many small successes too. For everybody that shares a life-changing story of how posters on t...
by Mel Lindauer
Sun Jan 07, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17685

Re: Memo to those who have won the game: it's time to quit playing

I think that is prudent and also recognizes that objectives are not just the certain locking in of a retirement income stream. It is a big step from "stocks are risky" in some general sense to "A safe retirement eschews stocks." Bernstein does not even say that either. That's true. In fact, in The ...
by Mel Lindauer
Sat Jan 06, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Patience And Diversification Crucial
Replies: 51
Views: 6185

Re: Larry Swedroe: Patience And Diversification Crucial

Small value relative to market has been positive over last 10 years for both Intl and US markets. 10 year annualized return (%) according the M* 9.02 = Vanguard Total Stock Market (VTI) 10.25 = Vanguard MidCap Value (VOE) 10.27 = iShares S&P600 Value (IJS) Robert . Looks like Mel's Unloved Mid Caps...
by Mel Lindauer
Sat Jan 06, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard: No more buy/sell transactions in writing?
Replies: 31
Views: 2516

Re: Vanguard: No more buy/sell transactions in writing?

All financial institutions are moving toward all-electronic processes. For example, my credit union now actively discourages depositing checks by mail. Instead they want customers to use their smartphone app to photograph the check and deposit it electronically. Vanguard is no different. They're gr...
by Mel Lindauer
Fri Jan 05, 2018 8:40 pm
Forum: Local Chapters and Bogleheads Community
Topic: Thank You Bogleheads!
Replies: 9
Views: 1127

Re: Thank You Bogleheads!

Success stories like yours make all of our efforts over the past 20 years seem worthwhile. It's heady stuff to know that you had a positive impact on someone's life.

Now, hopefully you will pay it forward and keep the cycle going.
by Mel Lindauer
Fri Jan 05, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Moving I bonds to "Custom" I bonds account
Replies: 6
Views: 516

Re: Moving I bonds to "Custom" I bonds account

Sounds to me like they're considering it a redemption and reissue. Unless that's what you mean to do (it doesn't sound like it), I wouldn't do it.

FWIW, I see no reason to do it anyway.
by Mel Lindauer
Fri Jan 05, 2018 4:04 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5765

Re: Misuse of adverse

Your all being way to pickey! :D
by Mel Lindauer
Fri Jan 05, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 142
Views: 8290

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

I want to remind everyone again that if you don't do the online registration of your guess as indicated in the OP (follow the link), you're not registered. If you posted an entry on this thread but didn't register your entry using the online form, go back and follow the directions in the original p...
by Mel Lindauer
Thu Jan 04, 2018 7:56 pm
Forum: Local Chapters and Bogleheads Community
Topic: Portugal Chapter (?)
Replies: 6
Views: 576

Re: Portugal Chapter (?)

Sounds like there's some interest. If you get five members who are interested in forming a Portugal Local Chapter, and one of you agrees to be the Local Chapter Coordinator who communicates with members about meeting dates, times, locations and agendas, then I'll get your Chapter started. Let me kno...
by Mel Lindauer
Wed Jan 03, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: How does the IRA Required Minimum Distribution work for those over 70.5?
Replies: 4
Views: 784

Re: How does the IRA Required Minimum Distribution work for those over 70.5?

Lets say you have 4 Vanguard funds in your IRA (Total Stock, Total Bond, International and Prime Money) and you now turn 70.5... 1) Is there a Required Minimum Distribution for each separate fund? Or is it a lump sum and you can pick which fund you want to draw from? You can choose which fund(s) to ...
by Mel Lindauer
Wed Jan 03, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 142
Views: 8290

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

Remember, if you didn't register online as per the link in the OP, you're not registered. It's automated now; we don't do manual entry any longer.
by Mel Lindauer
Wed Jan 03, 2018 12:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Kansas City Diehard Group
Replies: 31
Views: 10455

Re: Kansas City Diehard Group

Good news. We have a new Kansas City Local Chapter Coordinator. longfellowkc has stepped up and agreed to be the new Chapter Coordinator. I'll add his contact info to the existing Kansas City Local Chapter as the new Coordinator. The new contact info is: Maxwell kansascitybogleheads@gmail.com Thanks...
by Mel Lindauer
Tue Jan 02, 2018 11:02 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 142
Views: 8290

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

Don't forget that if you don't sign up using the link in the OP, you're not entered. Posting here on this thread isn't going to get you entered.
by Mel Lindauer
Tue Jan 02, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 142
Views: 8290

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

NOTE TO EVERYONE: IF YOU DIDN'T/DON'T USE THE NEW AUTOMATIC REGISTRATION FORM AS INDICATED IN THE OP, YOU'RE NOT ENTERED. FOLLOW THE DIRECTIONS IF YOU WANT TO ENTER.
by Mel Lindauer
Tue Jan 02, 2018 4:30 pm
Forum: Forum Issues and Administration
Topic: Slow loading of pages.
Replies: 22
Views: 2021

Re: Slow loading of pages.

Larry (Mingstar) is aware of the problem and is working on fixing it.
by Mel Lindauer
Tue Jan 02, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Please explain EE bond compounding
Replies: 11
Views: 817

Re: Please explain EE bond compounding

hawkfan55 wrote:
Tue Jan 02, 2018 2:14 pm
Think I read that the Savings Bond Wizard is being discontinued in mid 2018.
Just FYI.
Yep, it's being discontinued in May, 2018. There will be no more updates after the current one.
by Mel Lindauer
Tue Jan 02, 2018 2:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Kansas City Diehard Group
Replies: 31
Views: 10455

Re: Kansas City Diehard Group

Yes, there is/was a group in Kansas City. See Chapter #33 here: https://www.google.com/maps/d/u/0/viewer?mid=1KX-WSvjOwmi1fLocIrz5wHiBB7s If the local coordinator is no longer active, then we'd need someone to volunteer to become the new local coordinator. If you're interested, contact me via PM. I...
by Mel Lindauer
Tue Jan 02, 2018 12:40 pm
Forum: Local Chapters and Bogleheads Community
Topic: Kansas City Diehard Group
Replies: 31
Views: 10455

Re: Kansas City Diehard Group

Yes, there is/was a group in Kansas City. See Chapter #33 here: https://www.google.com/maps/d/u/0/viewe ... rz5wHiBB7s

If the local coordinator is no longer active, then we'd need someone to volunteer to become the new local coordinator. If you're interested, contact me via PM.
by Mel Lindauer
Mon Jan 01, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: RMDs - Is it advantageous to take them earlier, later, or neither?
Replies: 2
Views: 410

Re: RMDs - Is it advantageous to take them earlier, later, or neither?

This thread is locked. Post responses on the above-linked earlier identical thread.
by Mel Lindauer
Mon Jan 01, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: South Florida visit in early March
Replies: 20
Views: 1373

Re: South Florida visit in early March

I'll be spending a week in South Florida in early March. I'll be staying in Hollywood and making one day trip to Naples/Bonita Springs. It's just me, no kids, and I'm just looking for suggestions on things to see and do during my stay. I plan to find a place to stay on VRBO. Any suggestions would b...
by Mel Lindauer
Mon Jan 01, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: How can new DAF holders support Bogleheads/ Financial literacy
Replies: 10
Views: 942

Re: How can new DAF holders support Bogleheads/ Financial literacy

Thanks to everyone for their contributions to The John C. Bogle Center for Financial Literacy. We promise to be good stewards of your generosity while promoting financial literacy.

FYI: No officer or board member receives any compensation for our services; we're all volunteers.
by Mel Lindauer
Mon Jan 01, 2018 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 41
Views: 2893

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

EE can function nicelyfor liability matching. However their lack of liquidity has two big impacts: not only do I need to wait 20 years but I’ll have no wiggle room at that point in not withdrawing, affecting taxes. I bought EE to be used for income during that period before SS kicked in, but stoppe...
by Mel Lindauer
Mon Jan 01, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Law - Estate Plan considerations?
Replies: 7
Views: 714

Re: 2018 Tax Law - Estate Plan considerations?

Hi What changes would you make to your estate plan based on the new tax law? For those that already have their estate plan in place what would you have done differently if the new tax law was effective when you originally set it up? E.g. for those that were affected by prior estate tax exemption li...
by Mel Lindauer
Mon Jan 01, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 42
Views: 4133

Re: Savings Bond Wizard to be eliminated 5/18

It's another indication that the Treasury is ramping down resources and support for savings bonds. Yep, that's one more nail in the Savings Bonds coffin. Here's a Forbes column I did back in 2011 where I predicted this slow death for Savings Bonds. The title of my article was "Treasury Killing Off ...
by Mel Lindauer
Sun Dec 31, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 6242

Re: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine

For balance, I think it's important to note that I invited Vanguard's new CEO, Tim Buckley to address our group during the 2017 Bogleheads Conference visit to Vanguard. Tim was in London at the time of our visit and obviously couldn't appear in person, but he did take the time to film a video addres...
by Mel Lindauer
Sat Dec 30, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Income Fund - Only 20% stocks?
Replies: 20
Views: 2135

Re: LifeStrategy Income Fund - Only 20% stocks?

I would argue that every allocation with more than 60% in high quality bonds runs a considerable amount of risk to underperform inflation. I would be more fearful of that than a market correction. As a result, a 40/60 or 45/55 risky investment/safe assets would be my conservative vehicle of choice ...
by Mel Lindauer
Sat Dec 30, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: ATTENTION: Vanguard 529s? - Better Check Your Balance(s)
Replies: 44
Views: 2837

Re: ATTENTION: Vanguard 529s? - Better Check Your Balance(s)

My 529 account has been restored. It previously showed a $0 balance as others have described. Definitely disturbing.
by Mel Lindauer
Fri Dec 29, 2017 1:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master Thread - San Diego Bogleheads
Replies: 12
Views: 4089

Re: Master Thread - San Diego Bogleheads

I love Bari's self-selected title, Paul. :D