Search found 12580 matches

by Mel Lindauer
Wed Nov 22, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: May You Always Do For Others And Let Others Do for You - Happy Thanksgiving dear Bogleheads
Replies: 4
Views: 453

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: 10
Views: 1025

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: 10
Views: 1025

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: 35
Views: 1490

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: 4814

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: 4814

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.
by Mel Lindauer
Mon Nov 20, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 25
Views: 4814

Re: Jack Bogle, the word's richest man

Like Taylor, I'm so very honored to call Jack my friend and mentor. He certainly deserves all the accolades that we and others shower upon him.
by Mel Lindauer
Mon Nov 20, 2017 7:25 pm
Forum: Investing - Theory, News & General
Topic: Valuation of EE Savings Bonds
Replies: 77
Views: 9285

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/theboglehe ... d4c0047ba3
by Mel Lindauer
Mon Nov 20, 2017 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity - Time to Surrender ?
Replies: 35
Views: 1490

Re: Variable Annuity - Time to Surrender ?

Trying to determine: #1 Should she remain in the Variable Annuity w/ Guaranteed Minimum Balance Benefit with total fee's of about ~2.6% this would allow for her to invest more aggressively - with possibility of step ups and a guaranteed minimum benefit ? ( note the accumulated value is now more tha...
by Mel Lindauer
Mon Nov 20, 2017 6:54 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Northwest Arkansas Bogleheads Local Chapter Established
Replies: 15
Views: 1342

Re: New Northwest Arkansas Bogleheads Local Chapter Established

OK, folks, it's official. Terran has stepped up and agreed to be the new Local Chapter coordinator. The name of the group is Northwest Arkansas Bogleheads The contact email address is NWArkansasBogleheads@gmail.com You can use this thread and sub-forum to communicate with each other and you can use ...
by Mel Lindauer
Sun Nov 19, 2017 8:39 pm
Forum: Investing - Theory, News & General
Topic: Book for new college graduate
Replies: 19
Views: 1120

Re: Book for new college graduate

I'm always reluctant to plug one of our own books, but I feel that it could be just what you're looking for. We wrote our first book, The Bogleheads' Guide to Investing , to address the very market you've described. We assumed the reader knew absolutely nothing about investing and tried to take our ...
by Mel Lindauer
Sun Nov 19, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Annuity - keep it or cash out?
Replies: 4
Views: 515

Re: Annuity - keep it or cash out?

I have a $200k Vanguard annuity. I acquired it when I cashed out a life policy that was no longer needed in a business partnership. The (lousy) Life policy at that time had a $60,000 investment loss, so conversion to a low cost annuity was my mechanism to earn that $60,000 back in a tax free manner...
by Mel Lindauer
Sat Nov 18, 2017 7:47 pm
Forum: Investing - Theory, News & General
Topic: Largest holding in Powell’s (next Fed chairman) investment portfolio appears to be Vanguard Total Stock Market index fu
Replies: 9
Views: 1897

Re: Largest holding in Powell’s (next Fed chairman) investment portfolio appears to be Vanguard Total Stock Market index

nedsaid wrote:
Sat Nov 18, 2017 3:37 pm
Index funds are good investments for everyone, even the super wealthy.
Or, put another way, "especially the super-wealthy" since the savings from the low-cost index funds amounts to many more dollars because of the huge amounts they have invested in the lower-cost funds.
by Mel Lindauer
Sat Nov 18, 2017 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Variable annuity trading costs?
Replies: 16
Views: 459

Re: Variable annuity trading costs?

Thanks everyone for the replies - I suspect that there is nothing different about VAs that would mean that trading costs are absorbed by the company. For anyone reading this thread that isn't aware about the trading costs I'm talking about, here is a link to an outside article just for a brief bit ...
by Mel Lindauer
Sat Nov 18, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity Exit Strategy Help Requested: Wife’s ROTH IRA – Allianz 222 Fixed Index Annuity – Stay or go? How?
Replies: 24
Views: 1386

Re: Annuity Exit Strategy Help Requested: Wife’s ROTH IRA – Allianz 222 Fixed Index Annuity – Stay or go? How?

Lower costs at another provider can more than make up for the surrender fee if held for a long enough period of time. It's irrelevant if the surrender fee eats into the original investment or not. Do the math. Compare what you're paying now vs what you'd be paying at a low-cost place like Vanguard....
by Mel Lindauer
Wed Nov 15, 2017 8:13 am
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4325

Re: BOGLEHEADS 2017 VIDEOS

I really appreciate the videos and find them quite interesting and informative. All of the hard work it took to pull this together is definitely worthwhile! :greedy One suggestion for improvement for next year is to try and involve and show the entire panel. I would have liked to hear more from Chr...
by Mel Lindauer
Tue Nov 14, 2017 4:50 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4325

Re: BOGLEHEADS 2017 VIDEOS

I really appreciate the videos and find them quite interesting and informative. All of the hard work it took to pull this together is definitely worthwhile! :greedy One suggestion for improvement for next year is to try and involve and show the entire panel. I would have liked to hear more from Chr...
by Mel Lindauer
Tue Nov 14, 2017 4:15 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4325

Re: BOGLEHEADS 2017 VIDEOS

I really appreciate the videos and find them quite interesting and informative. All of the hard work it took to pull this together is definitely worthwhile! :greedy One suggestion for improvement for next year is to try and involve and show the entire panel. I would have liked to hear more from Chr...
by Mel Lindauer
Tue Nov 14, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity Exit Strategy Help Requested: Wife’s ROTH IRA – Allianz 222 Fixed Index Annuity – Stay or go? How?
Replies: 24
Views: 1386

Re: Annuity Exit Strategy Help Requested: Wife’s ROTH IRA – Allianz 222 Fixed Index Annuity – Stay or go? How?

Lower costs at another provider can more than make up for the surrender fee if held for a long enough period of time. It's irrelevant if the surrender fee eats into the original investment or not. Do the math. Compare what you're paying now vs what you'd be paying at a low-cost place like Vanguard. ...
by Mel Lindauer
Mon Nov 13, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: Win10 File History on SD card?
Replies: 3
Views: 219

Re: Win10 File History on SD card?

Hi, Do any of you use the File History feature of Windows 10, and have it configured to use an SD card? If so, what size card have you found to be enough? On Windows 7, I really liked that it used "Volume Shadow Copy" to keep previous versions of file and folders. You could set it to use the local ...
by Mel Lindauer
Mon Nov 13, 2017 10:27 pm
Forum: Personal Consumer Issues
Topic: Win10 File History on SD card?
Replies: 3
Views: 219

Re: Win10 File History on SD card?

Hi, Do any of you use the File History feature of Windows 10, and have it configured to use an SD card? If so, what size card have you found to be enough? On Windows 7, I really liked that it used "Volume Shadow Copy" to keep previous versions of file and folders. You could set it to use the local ...
by Mel Lindauer
Mon Nov 13, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking I-bonds vs Tax Advantaged TIPS fund
Replies: 5
Views: 641

Re: Rethinking I-bonds vs Tax Advantaged TIPS fund

I have been buying the maximum I-bonds since 2011 in TreasuryDirect. I am in the 39.6% bracket now and expect to be in the 28% in retirement based on current tax rates. I also have access to and have been using the Fidelity Inflation Protected Index Fund (FSIYX) in my 401K. I have my new money put ...
by Mel Lindauer
Mon Nov 13, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4325

Re: BOGLEHEADS 2017 VIDEOS

CWRadio wrote:
Mon Nov 13, 2017 12:37 pm
Is there a video of the presentation:
Mike Piper and Mel Turner: Annuities: The Good, The Bad, and the Ugly? Thanks Paul
AFAIK, that session wasn't recorded. However, the wiki does have the slides from that presentation available.
by Mel Lindauer
Mon Nov 13, 2017 5:17 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4325

Re: BOGLEHEADS 2017 VIDEOS

Hello can a descriprion be added to the videos to see which questions are answered and which topics they talk about? It would be easier because the videos are quite long. This video is recorded and provided to the community at no cost by a very busy heart surgeon, so what you see is what's currentl...
by Mel Lindauer
Sun Nov 12, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman: The One Fund Every Investor Should Own
Replies: 122
Views: 18340

Re: Paul Merriman: The One Fund Every Investor Should Own

nedsaid wrote:
Sun Nov 12, 2017 3:24 pm
Mel Lindauer wrote:
Sat Nov 11, 2017 6:32 pm
Perhaps those who think small caps are a slam dunk should take a look at this thread:

viewtopic.php?p=3609736#p3609736

YMMV.
Don't forget about those mid-caps though!
Ahh, yes, here's to Mel's Unloved Mid-Caps. :sharebeer
by Mel Lindauer
Sat Nov 11, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman: The One Fund Every Investor Should Own
Replies: 122
Views: 18340

Re: Paul Merriman: The One Fund Every Investor Should Own

Perhaps those who think small caps are a slam dunk should take a look at this thread:

viewtopic.php?p=3609736#p3609736

YMMV.
by Mel Lindauer
Sat Nov 11, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3606

Re: Clements: Your "Number One Number"

We were fortunate to have Jonathan Clements join us at our 2017 Bogleheads Conference. He sat on the Q&A with the Experts Panel and signed books and chatted with folks during the book signing session.

Jonathan's planning to attend next year's Bogleheads Conference.
by Mel Lindauer
Fri Nov 10, 2017 3:30 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Northwest Arkansas Bogleheads Local Chapter Established
Replies: 15
Views: 1342

Re: [Bogleheads Local] Chapters in Southern Missouri/ Northern Arkansas?

I'm in Northwest Arkansas. I live in Fayetteville. I would love to get together with everyone for some coffee or a beer sometime. I'm 27 years old, and as you can imagine, my wife and I are the minority in a town like Faytown with us being Bogleheads :sharebeer I'm also in NW Arkansas. Anything eve...
by Mel Lindauer
Fri Nov 10, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: U. S. Marine Corps Birthday
Replies: 13
Views: 825

Re: U. S. Marine Corps Birthday

Looks like I replaced you, Sheepdog.

Semper Fi to all my fellow Marines.

Mel
USMC 1956-60
by Mel Lindauer
Fri Nov 10, 2017 8:21 am
Forum: Investing - Theory, News & General
Topic: Yay, my question was answered by Jack
Replies: 40
Views: 3700

Re: Yay, my question was answered by Jack

I just watched the 2017 Q&A and Mel asked Jack my question. I now have the blessing from Jack that my strategy is perfectly sound. The question I asked was: If one were to look at social security as part of their fixed income, what will be wrong with holding the balanced index for life and never lo...
by Mel Lindauer
Sun Nov 05, 2017 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: When does whole life make sense ?
Replies: 18
Views: 2331

Re: When does whole life make sense ?

You already have affordable insurance, so why would you even consider buying a more expensive insurance product that really doesn't get you any higher payout at death than what you already have? If you need more insurance, simply by more term. Makes absolutely no sense to me, but I bet it sure makes...
by Mel Lindauer
Sun Nov 05, 2017 5:45 pm
Forum: Investing - Theory, News & General
Topic: I-bond inflation irony?
Replies: 35
Views: 3581

Re: I-bond inflation irony?

Unless you qualify for one of the exceptions, you have to pay taxes on I bond interest. So they are not a great inflation hedge unless you have one of the older ones with a significant fixed rate. But then again, you have to pay taxes every year on CD interest and they're not even guaranteed to kee...
by Mel Lindauer
Sun Nov 05, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Lets talk emergency funds and I-bonds
Replies: 23
Views: 2057

Re: Lets talk emergency funds and I-bonds

...used them recently to help pay for my son's college tuition so the interest will be totally tax free so funds do not have to be in a 529 for the interest to be tax free if/when used for education costs? :shock: A 529 Plan is just one of a number of qualifying educational expenses that qualify fo...
by Mel Lindauer
Sun Nov 05, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Lets talk emergency funds and I-bonds
Replies: 23
Views: 2057

Re: Lets talk emergency funds and I-bonds

While the current rate of 2.58% is better than savings accounts, it is not higher than every savings mechanism. I dabble in I-bonds as tax deferred bond space in conjunction with my taxable account but my money is currently going to accounts paying out more than 2.58%. For my emergency fund I've ma...
by Mel Lindauer
Sun Nov 05, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: Did Vanguard change from 20% to 30% stock in TD retirement income fund?
Replies: 19
Views: 2191

Re: Did Vanguard change from 20% to 30% stock in TD retirement income fund?

As was mentioned, the Life Strategy Income Fund is 20/80 while the TR Income fund is now 30/70. So conservative investors do have a choice of a nicely-diversified portfolio in a single fund that rebalances automatically and that matches their desired allocation.
by Mel Lindauer
Sun Nov 05, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: I-bond inflation irony?
Replies: 35
Views: 3581

Re: I-bond inflation irony?

My cynical side says that by not raising purchase limits, the treasury is trying to slowly phase out IBonds Here's a Forbes column I wrote on this topic some time ago, speculating that Treasury wanted to phase out Savings Bonds. https://www.forbes.com/sites/thebogleheadsview/2011/08/05/treasury-kil...
by Mel Lindauer
Sat Nov 04, 2017 7:19 pm
Forum: Investing - Theory, News & General
Topic: 2017 Bogleheads Conference
Replies: 8
Views: 635

Re: 2017 Bogelheads Conference

blueblock wrote:
Sat Nov 04, 2017 6:21 pm
There are two so far: https://vimeo.com/channels/bogleheads/videos
And my Q&A session with Jack Bogle should be up any day now.
by Mel Lindauer
Sat Nov 04, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should I decline Grand Prize trip because of taxes on winnings?
Replies: 93
Views: 8336

Re: Should I decline Grand Prize trip because of taxes on winnings?

aristotelian wrote:
Fri Nov 03, 2017 6:32 pm
If you wouldn't pay $4k cash for this, you shouldn't pay the government $4k more in taxes.
My sentiments, exactly.

BTW, you didn't mention if you even entered into this contest. My scam alert red flags would definitely be up on this.
by Mel Lindauer
Sat Nov 04, 2017 3:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Interest In forming North Texas Boglehead Group
Replies: 11
Views: 1218

Re: Interest In forming North Texas Boglehead Group

Can't believe there aren't a lot more North TX Bogleheads who'd like to get a Local Chapter going.
by Mel Lindauer
Sat Nov 04, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 4731

Re: "PROBABLY THE WORLD'S BEST INVESTMENT FORUM"

FYI. During the recent 2017 Bogleheads Conference, Christine Benz, Allan Roth and I all recorded individual podcasts at the Vanguard studios for release sometime in January. These will be part of a series of podcasts which will also include some Vanguard folks. Vanguard was looking for a name for th...
by Mel Lindauer
Fri Nov 03, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: How many funds do I need?
Replies: 21
Views: 1555

Re: How many funds do I need?

ekywildcat: Welcome to the Bogleheads Forum! How Many Funds Do I Need? Consider a Target Fund, as Mel suggested, or The Three-Fund Portfolio. You will be very glad you did. Best wishes. Taylor Yep, either Taylor's three funds or my suggestion for one fund will work just fine. FYI, Taylor's new book...
by Mel Lindauer
Fri Nov 03, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: How many funds do I need?
Replies: 21
Views: 1555

Re: How many funds do I need?

You can hold a single Vanguard fund that would give you a nicely-diversified, low-cost portfolio that automatically rebalances for you. I'm talking about Vanguard's Target Retirement funds or their Life Strategy series. The TR funds get more conservative as you age while the LS funds remain at the s...
by Mel Lindauer
Fri Nov 03, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 27916

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

simplesauce wrote:
Fri Nov 03, 2017 7:08 pm
Will the Bogle Q&A video from the last day be posted soon?
Yes. It should be available in the next few days.
by Mel Lindauer
Thu Nov 02, 2017 9:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: Interest In forming North Texas Boglehead Group
Replies: 11
Views: 1218

Re: Interest In forming North Texas Boglehead Group

I would think there are more than enough Bogleheads in your area to get a Local Chapter going.

Let's see if a few more folks respond so we can get a Chapter established.
by Mel Lindauer
Thu Nov 02, 2017 4:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Northwest Arkansas Bogleheads Local Chapter Established
Replies: 15
Views: 1342

Re: [Bogleheads Local] Chapters in Southern Missouri/ Northern Arkansas?

You're almost there. All you need now is one more Boglehead who shows interest and one of you to step up and agree to be the Local Chapter Coordinator.
by Mel Lindauer
Thu Nov 02, 2017 9:55 am
Forum: Investing - Theory, News & General
Topic: RU giving advice on cutting the financial cord w/adult children?
Replies: 1
Views: 637

RU giving advice on cutting the financial cord w/adult children?

Hello Everyone: We received this (edited) request from an AARP writer looking to interview folks meeting his criteria. If you're interested in being interviewed, contact him directly via the provided email addess. *********************************************** Dear Bogleheads: I am an editor at AAR...
by Mel Lindauer
Wed Nov 01, 2017 10:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: Taylor Larimore Member #495
Replies: 17
Views: 7445

Re: Taylor Larimore Member #495

LadyGeek wrote:
Wed Nov 01, 2017 9:58 pm
This thread is now in the Local Chapters and Bogleheads Community forum (Boglehead).

To those who don't recognize the OP, Laura is Laura Dogu.
And I'm happy to say that Laura made it to the 2017 Bogleheads Conference all the way from her job as U.S. Ambassador to Nicaragua.
by Mel Lindauer
Wed Nov 01, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity - Cash out or 1035 exchange ?
Replies: 4
Views: 457

Re: Variable Annuity - Cash out or 1035 exchange ?

I agree with David. Take the cash.

And, if those nine other loaded funds are in a tax-deferred account, do a tax-free custodian-to-custodian transfer to Vanguard and get out of the clutches of Raymond James entirely.
by Mel Lindauer
Wed Nov 01, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate 0.10% [November rate announced]
Replies: 31
Views: 4075

Re: I Bond fixed rate 0.10%

To simplify the argument, let's take CDs out of the picture...as of today, would you choose a short term bond fund (like VFSUX, avg duration 2.6 years, 2% yield) or IBonds? I would go with I-Bonds for the following reasons: 1. The principal amount is guaranteed by the U.S. government. 2. The intere...
by Mel Lindauer
Mon Oct 30, 2017 4:59 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 90
Views: 12269

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

vested1 wrote:
Thu Oct 26, 2017 9:08 am
Great news! With apologies to Roy Scheider, I think I'm going to need a bigger bookshelf.
You're not the only one (I need more bookshelf space, too)!