Search found 13050 matches

by Mel Lindauer
Tue Feb 19, 2019 10:40 pm
Forum: Personal Investments
Topic: A simple RMD question - meeting the RMD requirement
Replies: 7
Views: 259

Re: A simple RMD question - meeting the RMD requirement

You'll get a 1099-R at the end of the year to report your RMD distribution on your taxes. But isn't this the case for any withdrawal, regardless of whether it satisfies the RMD requirement? That is, I don't think this answers the OP's question. RM There's nothing special about it, as long as it sat...
by Mel Lindauer
Tue Feb 19, 2019 10:33 pm
Forum: Personal Investments
Topic: A simple RMD question - meeting the RMD requirement
Replies: 7
Views: 259

Re: A simple RMD question - meeting the RMD requirement

You'll get a 1099-R at the end of the year to report your RMD distribution on your taxes.
by Mel Lindauer
Tue Feb 19, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Moved to new state/job 6M ago. Previous employer wants me back!
Replies: 52
Views: 4760

Re: Moved to new state/job 6M ago. Previous employer wants me back!

Reading through this thread, staying in TX with your new company sounds like a slam dunk to me. You got HCOL pay to work in a LCOL location that your family loves. You'll likely reach FI much faster in TX with a lot less stress than you ever would in CA. My choice would be to stay put and enjoy TX l...
by Mel Lindauer
Mon Feb 18, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Kids Savings Bonds to 529
Replies: 2
Views: 194

Re: Kids Savings Bonds to 529

Short answer - No.
by Mel Lindauer
Sat Feb 16, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: posting reviews on yelp vs google, privacy?
Replies: 9
Views: 664

Re: posting reviews on yelp vs google, privacy?

This thread is locked for review.
by Mel Lindauer
Tue Feb 12, 2019 1:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Interview with Boglehead Priscilla Pereira
Replies: 2
Views: 646

Vanguard Interview with Boglehead Priscilla Pereira

Hi Everyone: This interview with Pricilla was conducted during the last Bogleheads Conference. I had the good fortune to meet and chat with Pricilla there. Despite her diagnosis, she has such a positive attitude. She exudes a real zest for life, for saving and investing, for the Bogleheads and for V...
by Mel Lindauer
Sun Feb 10, 2019 7:33 pm
Forum: Investing - Theory, News & General
Topic: Consensus on I Bonds for 2019?
Replies: 35
Views: 5014

Re: Consensus on I Bonds for 2019?

Don't forget that I Bonds can be used tax-free for qualifying educational expenses. There are income limits to be aware of https://www.treasurydirect.gov/indiv/planning/plan_education.htm For single taxpayers, the tax exclusion income limit is an adjusted gross income of $93,150 and above. For marr...
by Mel Lindauer
Sun Feb 10, 2019 3:17 pm
Forum: Personal Investments
Topic: Annuity [Have variable annuities - is this a good idea?]
Replies: 9
Views: 454

Re: Annuity [Have variable annuities - is this a good idea?]

Thanks everyone for taking the time to answer my question and for all the great input What triggered me to think to transfer the annuity to rollover IRA was two things First I calculated the compounding return for the money over the years it was there and the percentage of growth was 3-4% per year ...
by Mel Lindauer
Sun Feb 10, 2019 11:26 am
Forum: Personal Investments
Topic: Annuity [Have variable annuities - is this a good idea?]
Replies: 9
Views: 454

Re: Annuity [Have variable annuities - is this a good idea?]

Hi everyone, I’m new to investing and to the blog, actually just registered today. Had a quick question plz I have 2 variable annuities set with northwestern mutual as part of retirement, is this is a good idea? Should I roll them over to IRA? Thanks for the input Are these annuities inside an alre...
by Mel Lindauer
Sat Feb 09, 2019 8:29 am
Forum: Investing - Theory, News & General
Topic: Consensus on I Bonds for 2019?
Replies: 35
Views: 5014

Re: Consensus on I Bonds for 2019?

Don't forget that I Bonds can be used tax-free for qualifying educational expenses.
by Mel Lindauer
Sat Feb 09, 2019 12:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard Variable Annuity as "tax advantaged space?"
Replies: 34
Views: 2158

Re: Vanguard Variable Annuity as "tax advantaged space?"

Can you reset capital gains basis (by moving between TSM and one of the other broad market funds like S&P) ? So when you do cash out, there is only a small gain ??? Wishful thinking. Sorry, it doesn't work that way. There are no capital gains in an annuity and that's one of the bad things about the...
by Mel Lindauer
Wed Feb 06, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: WSJ Reporter doing story on REFUND SURPRISES
Replies: 0
Views: 725

WSJ Reporter doing story on REFUND SURPRISES

Hello Everyone: A known Wall Street Journal reporter is doing a story about income tax refund surprises and would like to talk to people who are now doing their taxes and facing refund surprises, either good or bad. Many people are facing these and we want to hear from them. Please reply soonest dir...
by Mel Lindauer
Thu Jan 31, 2019 5:40 pm
Forum: Personal Investments
Topic: RMD at 70.5 - what am I missing?
Replies: 60
Views: 4497

Re: RMD at 70.5 - what am I missing?

I have become a proselytizer among my friends of a certain age for QCD’s. Have enjoyed donating to local and national 501(c)(3) organizations past six months since turned 70.5. If don’t need the RMD for income and don’t need for heirs it is great way to contribute to society and avoid taxes on RMD ...
by Mel Lindauer
Thu Jan 31, 2019 5:22 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: “The Failure Of Factor Investing Was Predictable”
Replies: 15
Views: 2151

Re: Larry Swedroe: “The Failure Of Factor Investing Was Predictable”

patrick013 wrote:
Wed Jan 30, 2019 11:38 pm
I don't know, PV indicates that from 2009 to present US mid cap performed the best. How do they explain that ?
Google "Mel's Unloved Mid-Caps". They continue to shine.
by Mel Lindauer
Sat Jan 26, 2019 9:19 pm
Forum: Investing - Theory, News & General
Topic: 6.15% for a 6 month CD!?
Replies: 12
Views: 9229

Re: 6.15% for a 6 month CD!?

It sells insurance products. That should tell you all you need to know. (Annuities, anyone?)
by Mel Lindauer
Tue Jan 22, 2019 11:39 am
Forum: Investing - Theory, News & General
Topic: "Bogleheads on Investing" podcast growing audience
Replies: 24
Views: 2645

Re: "Bogleheads on Investing" podcast growing audience

Rick, how about interviewing John Bogle, Jr., who is an ACTIVE manager, reminiscing about Jack's influence as his father, and discussing their different investing paths. Although he isn't a money manager, I also hope Jason Zweig is on the list. +1 on Jason Zweig. That conversation would be very int...
by Mel Lindauer
Sun Jan 20, 2019 10:58 am
Forum: Non-US Chapters
Topic: Australian Chapter ?
Replies: 22
Views: 4130

Re: Australian Chapter ?

Any more Sydneysiders hanging around? I know a couple more Boglehead sympathisers on other forums. I'm a Sydneysider. But I think it is an uphill battle to make this forum anything but American-focused and you're better off trying to start an Australian equivalent somewhere else. (I think Canadians...
by Mel Lindauer
Sat Jan 19, 2019 7:44 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 151
Views: 14791

Re: Tributes to Jack Bogle

birnhamwood wrote:
Sat Jan 19, 2019 6:13 pm
I am very sorry to learn of Mr. Bogle's passing. I owe my financial success to him and the Bogleheads, particularly Mr. Larimore and Mel L. I was a participant on this board many years ago.
Welcome back, even though it's under such sad circumstances.
by Mel Lindauer
Sat Jan 19, 2019 12:15 pm
Forum: US Chapters
Topic: JACK BOGLE'S FUNERAL
Replies: 0
Views: 862

JACK BOGLE'S FUNERAL

At the request of Jack's family, his funeral will be private. They are asking that only family and invited guests attend.

Good Bogleheads will honor Jack's family's request.
by Mel Lindauer
Fri Jan 18, 2019 9:52 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 49250

Re: John Bogle has died at age 89

This will get lost in the weeds but just wanted to contribute my story and say thank you to Jack and to this forum in case anyone (or possibly even a family member) reads this. In late 2013, right after graduating from college, I came home looking for a job. A few months of struggle in, my father p...
by Mel Lindauer
Tue Jan 15, 2019 5:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 75
Views: 8129

Re: Vanguard Brokerage Accounts

You're obviously missing the point here, Doc. Even the online December 2018 version that claims to be YTD (I downloaded it to see) doesn't include all transactions for that year -- it's the same as the paper version. It would be nice if it did. You're apparently aware of that fact, since you talked...
by Mel Lindauer
Tue Jan 15, 2019 5:11 pm
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 22
Views: 5054

Re: Providence/RI Metro Group, and Meeting January 14th

On an administrative note, should this thread be merged with the earlier one? Rhode Island Chapter Established I didn't want to combine the threads if this is a different chapter. Same chapter. Mel just posted on an old thread. Sorry about that. I didn't realize there were two Rhode Island threads ...
by Mel Lindauer
Tue Jan 15, 2019 5:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 75
Views: 8129

Re: Vanguard Brokerage Accounts

In responding to me The previous statements from Vanguard DID include ALL transactions, so there's no obvious reason that they can't continue to do so. They can do it but it would increase costs. Vanguard wants to get rid of paper altogether but there are people who are computer limited and Vanguar...
by Mel Lindauer
Tue Jan 15, 2019 10:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 75
Views: 8129

Re: Vanguard Brokerage Accounts

That's one possible explanation, Doc. However, IMO, they should punish traders who exceed a certain number and not punish all of the rest of us by taking away a valuable resource we previously had (one real YTD statement for each year). Nice idea but I don't think a broker is "allowed" to make that...
by Mel Lindauer
Tue Jan 15, 2019 10:27 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 22
Views: 5054

Re: Rhode Island Chapter Established

It took a while, but the Rhode Island Local Chapter is officially off and running.

You can post your interest right here on this thread or you can contact Michael @ ribogles@mail.com.

Good luck to our newest Bogleheads Local Chapter.

Mel
by Mel Lindauer
Tue Jan 15, 2019 10:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 75
Views: 8129

Re: Vanguard Brokerage Accounts

That's one possible explanation, Doc. However, IMO, they should punish traders who exceed a certain number and not punish all of the rest of us by taking away a valuable resource we previously had (one real YTD statement for each year). Nice idea but I don't think a broker is "allowed" to make that...
by Mel Lindauer
Mon Jan 14, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 75
Views: 8129

Re: Vanguard Brokerage Accounts

We really don't need ALL statement -- only one complete YTD statement for each year like we used to get. In another recent thread relating to Vangaurd stopping purchases of of some leveraged assets https://www.bogleheads.org/forum/viewtopic.php?f=10&t=269047&p=4318922#p4318922 there was a comment t...
by Mel Lindauer
Mon Jan 14, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 75
Views: 8129

Re: Vanguard Brokerage Accounts

No you don't. You can get all the transactions downloaded in several formats and print it if you want. But those formats do not include the "year to date statement". I just downloaded an Excel compatible file for 2018. It's ugly and a PITA but it is available. Why on earth should investors have to ...
by Mel Lindauer
Mon Jan 14, 2019 4:08 am
Forum: US Chapters
Topic: San Francisco Mid Peninsula, California Chapter Interest?
Replies: 35
Views: 4544

Re: San Francisco Mid Peninsula, California Chapter Interest?

Looks like there's enough interest in getting a Local Chapter organized. If someone agrees to be the coordinator, let me know via PM and we'll make it official and add your group to the Local Chapter map so others can contact you.
by Mel Lindauer
Sat Jan 12, 2019 9:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 75
Views: 8129

Re: Vanguard Brokerage Accounts

Now, under the new system, you have to keep the entire year's worth of statements if you want a true YTD of all transactions. No you don't. You can get all the transactions downloaded in several formats and print it if you want. But those formats do not include the "year to date statement". I just ...
by Mel Lindauer
Sat Jan 12, 2019 3:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Accounts
Replies: 75
Views: 8129

Re: Vanguard Brokerage Accounts

Now only if Vanguard would update the account statements to provide a year to date statement listing all transactions for the year. One could then print the year end final statement and have a full accounting for the year. I know Mel had mentioned that he mentioned this to Vanguard. I really do not...
by Mel Lindauer
Tue Jan 08, 2019 11:24 pm
Forum: US Chapters
Topic: Any interest in a Shelby/Jefferson County AL chapter?
Replies: 35
Views: 2920

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

Bumping for visibility. I'll suggest two dates for a possible first meeting of this group - Sunday, January 27 or Sunday, February 10. 2pm, Riverchase Galleria food court. I will send a private message to each person listed above, asking whether they can make a meeting and have a preference for a d...
by Mel Lindauer
Wed Jan 02, 2019 6:49 pm
Forum: Investing - Theory, News & General
Topic: Gus Sauter: the next "Bogleheads on Investing" podcast guest
Replies: 28
Views: 2195

Re: Gus Sauter: the next "Bogleheads on Investing" podcast guest

Ask Gus if he'll be doing a presentation again at this year's Bogleheads' Conference.
by Mel Lindauer
Tue Jan 01, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: Snow Plowing
Replies: 54
Views: 2542

Re: Snow Plowing

Escaping having to clear a long steep driveway in Pennsylvania snows was one of the reasons I retired to Florida. Now my white stuff is sand. 8-)
by Mel Lindauer
Mon Dec 31, 2018 11:06 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4157
Views: 1111848

Re: What Movie Have You Recently Watched?

Disappointed by The Mule. Lots of unrealistic stuff. Wouldn't recommend it.
by Mel Lindauer
Mon Dec 31, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Annuities objectively considered
Replies: 111
Views: 7418

Re: Annuities objectively considered

As should be inferred from my original post, I recognize both tax-deferred or "variable" annuities and single premium immediate annuities as being good investments under some circumstances -- Variable annuities are almost never a good investment. Someone earlier mentioned a variable annuity with a ...
by Mel Lindauer
Sat Dec 29, 2018 4:23 pm
Forum: US Chapters
Topic: My favorite Boglehead posters
Replies: 142
Views: 8346

Re: My favorite Boglehead posters

Nicolas wrote:
Sat Dec 29, 2018 1:17 pm
“Ole Meph” (Mephistophles)
RIP, Ole Meph.
by Mel Lindauer
Sun Dec 23, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: Interview Of Larry Swedroe Centered On His New Retirement Book
Replies: 8
Views: 1326

Re: Interview Of Larry Swedroe Centered On His New Retirement Book

Don't forget to use the forum link to Amazon when you order. There's no extra charge to you, but the forum gets a small donation for each order made using the link. You'll find the link here: https://www.bogleheads.org/support.htm
by Mel Lindauer
Sun Dec 23, 2018 2:56 pm
Forum: US Chapters
Topic: Local Chapter census
Replies: 6
Views: 532

Re: Local Chapter census

If someone wants to reactivate an inactive Local Chapter and agrees to be the Local Chapter Coordinator, PM me with your contact info and I'll get that Chapter back up and running.
by Mel Lindauer
Sun Dec 23, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Just how good is I-bonds' nominal guarantee during deflation?
Replies: 29
Views: 2976

Re: Just how good is I-bonds' nominal guarantee during deflation?

Finally, even though purchased with after-tax dollars in a taxable account, I Bonds offer tax-deferral which means they can help expand an investor's tax-deferred space beyond the normal 401k, IRA, etc. contribution limits. That right and I believe that applies to TIPS . . . Not true. You'll pay ta...
by Mel Lindauer
Sat Dec 22, 2018 8:24 pm
Forum: US Chapters
Topic: My Christmas Present To You
Replies: 108
Views: 11356

Re: My Christmas Present To You

This Marine salutes his good paratrooper friend and co-author. My very best to you at this special time of the year, dear friend.
by Mel Lindauer
Fri Dec 21, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Just how good is I-bonds' nominal guarantee during deflation?
Replies: 29
Views: 2976

Re: Just how good is I-bonds' nominal guarantee during deflation?

Finally, even though purchased with after-tax dollars in a taxable account, I Bonds offer tax-deferral which means they can help expand an investor's tax-deferred space beyond the normal 401k, IRA, etc. contribution limits.
by Mel Lindauer
Fri Dec 21, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Just how good is I-bonds' nominal guarantee during deflation?
Replies: 29
Views: 2976

Re: Just how good is I-bonds' nominal guarantee during deflation?

Another difference is that I Bond earnings can be tax-free when used for qualifying educational expenses.
by Mel Lindauer
Fri Dec 21, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: Just how good is I-bonds' nominal guarantee during deflation?
Replies: 29
Views: 2976

Re: Just how good is I-bonds' nominal guarantee during deflation?

One other difference between Tips held in a taxable account and I Bonds is that the I Bonds are tax-deferred for up to 30 years. That allows for compounding and some possible tax-shifting from higher tax rates in one's working years to a lower tax bracket in 30 years when they may well be retired.
by Mel Lindauer
Thu Dec 20, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Just how good is I-bonds' nominal guarantee during deflation?
Replies: 29
Views: 2976

Re: Just how good is I-bonds' nominal guarantee during deflation?

Probably like most people posting here, I have a handful of spreadsheets I've developed or found to aid my planning. Some of them have to do with alternative fixed investments, for example when it makes sense to break a CD to buy another. So I have a firm grasp of TVM calculations and other financi...