Search found 12442 matches

by Mel Lindauer
Mon Aug 21, 2017 3:00 pm
Forum: Personal Consumer Issues
Topic: Lastpass anyone use it?
Replies: 31
Views: 2849

Re: Lastpass anyone use it?

bob60014 wrote:
Mon Aug 21, 2017 2:40 pm
I currently use Dashlane without any issues.
Like you, I use Dashlane. I switched to them from LastPass and haven't looked back. I use the paid Premium version of Dashlane and find it's well worth it.
by Mel Lindauer
Mon Aug 21, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 71
Views: 6038

Re: IBonds: My worst bond investment over the last 5 years

Another advantage of I Bonds, if one chooses to view it that way, is that they have no "share price" which fluctuates with markets. They never decline below face value, and even if inflation (as measured by CPI-U) ceases or there is actual deflation, they never decline from their previously accrued...
by Mel Lindauer
Mon Aug 21, 2017 2:45 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 51
Views: 2877

Re: Home Page Updated

- The Home page tag line of "Investing Advice Inspired by Jack Bogle" has been changed to "Investing Advice Inspired by John Bogle". We also changed the forum and wiki tag lines to much. Just curious, why the change from Jack to John? I know John is Mr. Bogle's legal name, but my understanding is h...
by Mel Lindauer
Tue Aug 15, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on I-Bonds Transfer
Replies: 14
Views: 796

Re: Tax on I-Bonds Transfer

Did you ever consider holding on to the existing Savings Bonds and simply gifting money that the parents could use to purchase new I Bonds in their name which could then be used, tax-free, for your grandchildren's education? Seems like a simple solution unless you simply don't have the money to gift...
by Mel Lindauer
Mon Aug 14, 2017 3:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Antonio Local Chapter Established
Replies: 21
Views: 1852

Re: San Antonio Local Chapter Established

OK, San Antonio Bogleheads; you now have a Local Chapter. Royce has stepped up and agreed to the the Local Chapter Coordinator. You can use this sub-forum to communicate with each other about meeting dates, times, locations, agendas, etc. The email address for the Local Chapter is SanAntonioBoglehea...
by Mel Lindauer
Sat Aug 12, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: Elite status clubs that you are part of?
Replies: 31
Views: 3198

Re: Elite status clubs that you are part of?

VictoriaF wrote:
Sat Aug 12, 2017 10:31 am
Mensa.

Victoria
While you're certainly smart, you're definitely not a smart aleck, Victoria.
by Mel Lindauer
Thu Aug 10, 2017 7:25 pm
Forum: Personal Consumer Issues
Topic: Laptop suggestions pls
Replies: 30
Views: 2173

Re: Laptop suggestions pls

Not cheap, but I love my Lenovo Yoga 900 2-in-1. i7, 512gb SSD, 16gb memory, touchscreen, lighted keyboard, light as a feather. You can get it cheaper by using less memory, less storage and a less expensive chip which you seem amenable to.
by Mel Lindauer
Wed Aug 09, 2017 4:13 pm
Forum: Personal Consumer Issues
Topic: How long do you keep your kitchen sponge?
Replies: 55
Views: 5463

Re: How long do you keep your kitchen sponge?

This thread has run its course and is locked (topic is below acceptable threshold).
by Mel Lindauer
Mon Aug 07, 2017 12:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: Des Moines Iowa local chapter?
Replies: 5
Views: 1123

Re: Des Moines Iowa local chapter?

CyclingDuo wrote:
Mel Lindauer wrote:Let me know via PM if someone agrees to become the new Local Chapter coordinator.
Did this ever materialize?
Still waiting from someone to step up and agree to be the Local Chapter Coordinator. PM me if you're interested.
by Mel Lindauer
Tue Aug 01, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds math
Replies: 2
Views: 405

Re: I-Bonds math

I am new to I-bonds world. Last March I started laddering my EF to I-bonds. I bought $2000 in March (transaction backdated 03/1/17), the interest was 2.76%. Now I am checking the value and it is $2,008.80 (8/1/17). Applying the XIRR formula showing me that this is equal to 1.05% only (not the 2.76%...
by Mel Lindauer
Sun Jul 30, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Any pilots here? [as a career]
Replies: 38
Views: 4380

Re: Any pilots here? [as a career]

If you're a veteran, the GI Bill can help fund the start of your aviation career. While I had to pay for my private ticket, the GI Bill paid the lion's share of my commercial, instrument, multi-engine, seaplane rating and my CFIA&I-SMEL. I used the last part of my GI Bill working on a Lear type ...
by Mel Lindauer
Mon Jul 24, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Three credit card scams ATTEMPTED this week
Replies: 9
Views: 1939

Re: Three credit card scams ATTEMPTED this week

Ahhh, Mel, my friend. Nice to "see" you again, too. For those who don`t know, Mel was the one who told us to back up the truck and load up with series I bonds when you could buy them on line. All is good here with us, hope you and yours are the same. Still kicking....and shopping....and s...
by Mel Lindauer
Mon Jul 24, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: PMI - Why So Much Hate? [Private Mortgage Insurance]
Replies: 13
Views: 1359

Re: PMI - Why So Much Hate?

This thread is locked (non-actionable).
by Mel Lindauer
Sun Jul 23, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: AXA Structured Variable Annuity - Help me calculate fees/returns
Replies: 14
Views: 848

Re: AXA Structured Variable Annuity - Help me calculate fees/returns

The annuity almost certainly uses the SP500 Index , not SP500 Total Return . Dividends are about 2%'per year, so the "drag" is closer to 4.5% than to 2.5%. That revises your numbers as follows: So if the S&P 500 Index is down 10% at end of the 5 year contract: AXA "covers" t...
by Mel Lindauer
Sun Jul 23, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: Three credit card scams ATTEMPTED this week
Replies: 9
Views: 1939

Re: Three credit card scams ATTEMPTED this week

Hello to my dear Diehards, I haven't posted in awhile, but wanted to share this with you. Just THIS week, Mr. LynnC and I have had our credit cards '"ALMOST" hyjacked by three well known companies. Their names are not as important as this message I have for you about shopping on line and ...
by Mel Lindauer
Thu Jul 20, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: move US Savings Bonds to Vanguard
Replies: 11
Views: 1123

Re: move US Savings Bonds to Vanguard

Wife and I hold 9 Series EE & I US Savings Bonds currently value $3099. yielding from 3.62% to 5.84%. The paper bonds are registered in her or my name individually. 1. Is there a way to move these bonds directly into our taxable Vanguard account setup as a family trust account without loosing A...
by Mel Lindauer
Mon Jul 17, 2017 9:12 pm
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6473

Re: anyone retire and move to a planned community in FL?

I started visiting Florida as a snowbird and rented all over the state, looking for the ideal place to retire. I ended up choosing Daytona Beach Shores and now live right across the street from the beach. Low cost of living, low property taxes, no inheritance or estate tax, etc. Casual living at it...
by Mel Lindauer
Mon Jul 17, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10499

Re: % bogleheads of overall population

mickeyd wrote:
The average # of unique visitors per day


Who qualifies as a unique visitor Mel?


One individual.
by Mel Lindauer
Sat Jul 15, 2017 4:38 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10499

Re: % bogleheads of overall population

Another interesting stat: The average # of unique visitors per day is around 70,000 and we get up to 90,000 unique visitors on some days.
by Mel Lindauer
Sat Jul 15, 2017 4:35 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10499

Re: % bogleheads of overall population

I would think that one of the mods could tells us the number of site members (including lurkers) and we could divide by 300MM and call it good enough. I'd guess its pretty small. We're not 4Chan. There are people that hit the max that are not Bogleheads, and Bogle-head types that do not hit the max...
by Mel Lindauer
Sat Jul 15, 2017 2:07 pm
Forum: Personal Consumer Issues
Topic: anyone retire and move to a planned community in FL?
Replies: 48
Views: 6473

Re: anyone retire and move to a planned community in FL?

I started visiting Florida as a snowbird and rented all over the state, looking for the ideal place to retire. I ended up choosing Daytona Beach Shores and now live right across the street from the beach. Low cost of living, low property taxes, no inheritance or estate tax, etc. Casual living at it'...
by Mel Lindauer
Thu Jul 13, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: Buckley will succeed McNab as Vanguard CEO at year end
Replies: 32
Views: 3750

Vanguard Leadership Changes Announced

Hello Everyone: Thought I'd share the following news with you in case you haven't already heard. First, effective today, the Board of Directors of The Vanguard Group unanimously elected Vanguard’s Chief Investment Officer Tim Buckley as president and director of Vanguard and announced plans for him ...
by Mel Lindauer
Thu Jul 13, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Selling a Legacy treasury direct bond
Replies: 3
Views: 238

Re: Selling a Legacy treasury direct bond

Not sure I understand your situation, since Treasury Direct is an online service where everything's handled electronically between the acct. owner and his/her bank. No need for a broker. Can you clarify?
by Mel Lindauer
Wed Jul 12, 2017 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: EE Bonds?
Replies: 44
Views: 1938

Re: EE Bonds?

Here's a Forbes column I did some time agao on using EE Bonds as an annuity to help finance retirement.

https://www.forbes.com/sites/theboglehe ... 8a08ed7ba3
by Mel Lindauer
Tue Jul 11, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity
Replies: 5
Views: 501

Re: Variable Annuity

I'm sure it's accurate if the contract is really old. I've seen other company contracts like that and yes it's a true return like a CD. Impossible to get in this environment. She needs some assets that would grow faster than inflation but this piece is pretty damn good for bonds. While its true tha...
by Mel Lindauer
Tue Jul 11, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity
Replies: 5
Views: 501

Re: Variable Annuity

Sometimes the increase is not in the actual cash value that your Mom could actually get if she redeemed the annuity. Rather, it's in a fictional value that her annuity payout would be based on when/if she annuitized. You can find out by asking exactly how much she'd get if she surrendered the annuit...
by Mel Lindauer
Sat Jul 08, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 11761

Re: "Bond wipeout has just begun"???

Match your bond holdings to the bond fund's duration and then ride it out. Mel, with all due respect, can you explain what that means? I don't think what you wrote just there even makes any sense. I assumed he meant: hold each bond fund for at least as long as the average duration of the fund. But ...
by Mel Lindauer
Sat Jul 08, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 11761

Re: "Bond wipeout has just begun"???

So is this "really" the end of the multi-year bond rally? And if bonds/bond funds are in for a long period of declining prices, and stocks are pricey, what do you do? Sit it out in a money market fund making nothing (and actually losing money to inflation)? m Match your bond holdings to t...
by Mel Lindauer
Thu Jul 06, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 11761

Re: "Bond wipeout has just begun"???

So is this "really" the end of the multi-year bond rally? And if bonds/bond funds are in for a long period of declining prices, and stocks are pricey, what do you do? Sit it out in a money market fund making nothing (and actually losing money to inflation)? m Match your bond holdings to t...
by Mel Lindauer
Thu Jul 06, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 3001

Re: Do you keep a balance in your settlement fund?

Under the old system, you could keep a $0 balance in your settlement acct. and they would automatically transfer the exact amount of money from your Prime MM to cover any check you wrote. Under the new "upgrade", that's no longer true. If you don't have enough $$ in your settlement acct.,...
by Mel Lindauer
Thu Jul 06, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 3001

Re: Do you keep a balance in your settlement fund?

Under the old system, you could keep a $0 balance in your settlement acct. and they would automatically transfer the exact amount of money from your Prime MM to cover any check you wrote. Under the new "upgrade", that's no longer true. If you don't have enough $$ in your settlement acct.,...
by Mel Lindauer
Thu Jul 06, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 3001

Re: Do you keep a balance in your settlement fund?

Under the old system, you could keep a $0 balance in your settlement acct. and they would automatically transfer the exact amount of money from your Prime MM to cover any check you wrote. Under the new "upgrade", that's no longer true. If you don't have enough $$ in your settlement acct., ...
by Mel Lindauer
Thu Jul 06, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Introduction and Thanks
Replies: 3
Views: 523

Re: Introduction and Thanks

Welcome to the forum. It appears to me that you're already well ahead of most of your contemporaries. Good luck in your journey to financial freedom!
by Mel Lindauer
Wed Jul 05, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Newly married, new doc, new investor and new Boglehead in search of advice
Replies: 18
Views: 1978

Re: Newly married, new doc, new investor and new Boglehead in search of advice

Hello all, Following a colleague's recommendation I picked up The Bogleheads Guide to Investing book this past weekend, and just about never put it down, finishing it a few days later. The book has opened up my mind quite a bit and now all I want to do is learn more and work towards a smarter, more...
by Mel Lindauer
Wed Jul 05, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Are Annuities A Worthwhile Retirement Investment?
Replies: 52
Views: 5189

Re: Are Annuities A Worthwhile Retirement Investment?

There's simply no getting around the fact that most annuities (other than Single Premium Immediate Annuities) are overpriced insurance products that have no place in the majority of Bogleheads' portfolios. Again, here are some Forbes columns I wrote on these products which are almost always sold, no...
by Mel Lindauer
Tue Jul 04, 2017 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Policies?
Replies: 56
Views: 4306

Re: Medicare Supplement Policies?

I object to Medicare Advantage on philosophical grounds, as having grown up in England I am a big proponent of single payer. However, I have not found being on Medicare makes it difficult to find doctors in my area. I am currently looking for a new PCP and all the doctors I have considered take Med...
by Mel Lindauer
Tue Jul 04, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: Your View: Vanguard Variable Annuity or just use Taxable account
Replies: 13
Views: 1204

Re: Your View: Vanguard Variable Annuity or just use Taxable account

I am just wondering if this approach makes sense ... my long term preference when I come to finally have a permanent retirement portfolio in not to annuitize but to then transfer money possible to Wellesley Fund or Target retirement .. ( I like 30 /35 Bond to rest equity ratio). .... Should I persi...
by Mel Lindauer
Sat Jul 01, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Are Annuities A Worthwhile Retirement Investment?
Replies: 52
Views: 5189

Re: Are Annuities A Worthwhile Retirement Investment?

If variable annuities are so bad (and I agree with nedsaid and nisi that they are) then why are they offered by Vanguard (provided by Transamerica)?? Now granted "The average costs for the Vanguard Variable Annuity are more than 70% lower than the industry average for variable annuities."...
by Mel Lindauer
Sat Jul 01, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else got all their eggs in only the Vanguard basket?
Replies: 41
Views: 4058

Re: Anyone else got all their eggs in only the Vanguard basket?

Here's a cut-and-paste of a post I made years ago on the old Morningstar Vanguard Diehards forum: ************************************************************* 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 Vangu...
by Mel Lindauer
Wed Jun 28, 2017 7:52 pm
Forum: Investing - Theory, News & General
Topic: Does Jack Bogle have a conundrum on his hands?
Replies: 63
Views: 4396

Re: Does Jack Bogle have a conflict of interest?

simplesauce: Paul Merriman wrote: " Compare the audience for Bogle's recommendations to ours ." Bogleheads can compare Mr. Merriman's " Fund Advice " portfolio HERE. Best wishes. Taylor Can I have the envelope, please? Kinda puts things in perspective, doesn't it, Taylor? Jack t...
by Mel Lindauer
Wed Jun 28, 2017 7:47 pm
Forum: Investing - Theory, News & General
Topic: Taxes on I Series Bonds negate purchasing power protection?
Replies: 12
Views: 1677

Re: Taxes on I Series Bonds negate purchasing power protection?

Since the I Bond composite rate can never go below 0%, you'd outstrip inflation after taxes if you experienced a prolonged period of DEflation. The greater the deflation rate and longer the deflation period, the higher the after-tax REAL return would be on the I Bonds. And, as was mentioned above, ...
by Mel Lindauer
Wed Jun 28, 2017 7:41 pm
Forum: Investing - Theory, News & General
Topic: Does Jack Bogle have a conundrum on his hands?
Replies: 63
Views: 4396

Re: Does Jack Bogle have a conflict of interest?

So betting against the market return makes one a "sophisticated investor"? Gimme a break!

That's how money managers make their money; trying to make investors think they've got a "sophisticated" system.

My money's with Jack.
by Mel Lindauer
Wed Jun 28, 2017 1:59 pm
Forum: Investing - Theory, News & General
Topic: Taxes on I Series Bonds negate purchasing power protection?
Replies: 12
Views: 1677

Re: Taxes on I Series Bonds negate purchasing power protection?

Since the I Bond composite rate can never go below 0%, you'd outstrip inflation after taxes if you experienced a prolonged period of DEflation. The greater the deflation rate and longer the deflation period, the higher the after-tax REAL return would be on the I Bonds. And, as was mentioned above, t...
by Mel Lindauer
Mon Jun 26, 2017 7:21 pm
Forum: Investing - Theory, News & General
Topic: Eight Signs You are a Seasoned Investor by Johnathan Clements
Replies: 19
Views: 4526

Re: Eight Signs You are a Seasoned Investor by Johnatan Clements

Paul: Jonathan Clements is second only to John Bogle when it comes to "helping ordinary investors get a fair shake." I followed Mr. Clements for many years in the Wall Street Journal where he wrote over 1,000 columns. I saved many of them. I love his 11 signs you own the right portfolio t...
by Mel Lindauer
Sat Jun 24, 2017 7:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 50
Views: 5334

Re: [Virtual online chapter - Master thread]

OK, it's official. The new Virtual Online Chapter and contact info will be added to the Bogleheads Local Chapter Map as Chapter #73.

Contact info that will be added:

Contact name - Larry
Contact email - virtualbogleheads@gmail.com

Good luck to our newest Chapter.
by Mel Lindauer
Sat Jun 24, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: Poll: Do Bogleheads own Stocks?
Replies: 77
Views: 7612

Re: Poll: Do Bogleheads own Stocks?

After review, this thread will remain locked.
by Mel Lindauer
Fri Jun 23, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: [NY Times: Index fund evangelist is straying From His Gospel]
Replies: 32
Views: 3679

Re: Burton Malkiel: An index-fund evangelist is straying from his gospel

This duplicate thread is locked. See viewtopic.php?p=3419071#p3419071

[Post merged into here. see below. --admin LadyGeek]
by Mel Lindauer
Tue Jun 20, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: Reporter doing story on delaying sales of assets because of possible lower tax rates
Replies: 8
Views: 849

Re: Reporter doing story on delaying sales of assets because of possible lower tax rates

The Wizard wrote:Sort of a proposed legislation kind of article, eh?


Yes, and while discussion of proposed legislation is not allowed here on the forum, it's for the WSJ, where it is allowed.