Search found 4758 matches

by mickeyd
Sat Jul 04, 2020 4:46 pm
Forum: US Chapters
Topic: The Declaration of Independence
Replies: 66
Views: 9090

Re: The Declaration of Independence

In our CCRC there are many flags due (I suppose) to the many retired military officers that reside here. I have always made it a habit to render a hand salute every time I pass a flag that is posted. A lot of saluting? Never enough.
by mickeyd
Sat Jul 04, 2020 4:02 pm
Forum: US Chapters
Topic: The Declaration of Independence
Replies: 66
Views: 9090

Re: The Declaration of Independence

I am currently viewing "1776" on TV now. I saw it years ago (1976?) and it is just as wonderful as I remember.

Happy Birthday all!
by mickeyd
Fri Jul 03, 2020 2:11 pm
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 301
Views: 16983

Re: 4% rule - confidence poll

4% is a guide, not a rule, not a law, not even a commandment. Use if you please, but remember your $ is involved, not theirs.
by mickeyd
Fri Jul 03, 2020 2:04 pm
Forum: Personal Investments
Topic: Looking for verification on Annuity pitch...
Replies: 80
Views: 4950

Re: Looking for verification on Annuity pitch...

Thanks for keeping me up to date Stinky.
by mickeyd
Fri Jul 03, 2020 12:51 pm
Forum: Personal Investments
Topic: Looking for verification on Annuity pitch...
Replies: 80
Views: 4950

Re: Looking for verification on Annuity pitch...

guaranty fund protection,
I don't know exactly what that is, BUT it will cost you more if you select it AND if you do not know what it is, NEVER select it.

Solid advise from a guy that was in that industry years ago.
by mickeyd
Mon Jun 29, 2020 11:32 am
Forum: Personal Investments
Topic: Looking for verification on Annuity pitch...
Replies: 80
Views: 4950

Re: Looking for verification on Annuity pitch...

Run away, Run away. But first, transfer your entire stash to VG.
by mickeyd
Wed Jun 24, 2020 1:27 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4465
Views: 1260635

Re: What Book Are You Currently Reading? Part VI

The Splendid and the Vile , by Erik Larson. In depth look at Churchill’s first year as prime minister, May, 1940-41. Really fascinating. It became clear to me that Britain prevailed mostly due to Churchill's force of will. Agreed. So far I found 2 interesting items: He took 2 baths/day and had sex ...
by mickeyd
Fri May 22, 2020 2:35 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4465
Views: 1260635

Re: What Book Are You Currently Reading? Part VI

A Rock Between Two Rivers by Hugh Fitzsimmons South TX oil and ranching history.
by mickeyd
Wed May 20, 2020 10:55 am
Forum: Personal Investments
Topic: Where to put my Savings/EF?
Replies: 8
Views: 833

Re: Where to put my Savings/EF?

I usually stash my cash-like funds in PMMF and STB fund (about 80 /20). I have done the for about 15 years or so. On occasion, I may shift some cash to a CD that looks attractive (NFCU or Ally).
by mickeyd
Mon Mar 30, 2020 10:12 am
Forum: Investing - Theory, News & General
Topic: CNBC: Investors Should Be Buying Individual Stocks, Not Indexes
Replies: 84
Views: 7715

Re: Mohamed El-Arian Comments

El-Arian is a smart guy and I always enjoy his comments,
but I never forget that he is all about managing assets, which puts him in conflict with me and my love of indexing.
by mickeyd
Mon Mar 09, 2020 10:32 am
Forum: Personal Investments
Topic: Should I Sell my Bond Funds
Replies: 18
Views: 2403

Re: Should I Sell my Bond Funds

My bond funds are there to tamp down risk, not to generate income for me. They do a beautiful job.
by mickeyd
Mon Mar 09, 2020 7:59 am
Forum: Personal Investments
Topic: Should I Sell my Bond Funds
Replies: 18
Views: 2403

Re: Should I Sell my Bond Funds

Follow your Investment Policy Statement. That's what I have done for 15 years. This bump in the road will be forgotten (believe it or not) before you know it.
by mickeyd
Fri Feb 21, 2020 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: How much should a college student save for when he graduates?
Replies: 14
Views: 1155

Re: How much should a college student save for when he graduates?

Save until it hurts. And then, save some more. This establishes a long term investment plan that can never be duplicated. Invest early and often.
by mickeyd
Mon Jan 20, 2020 1:51 pm
Forum: Investing - Theory, News & General
Topic: LA Times on Vanguard Too Big
Replies: 64
Views: 8442

Re: LA Times on Vanguard Too Big

Bogle's salary (including bonuses) was about $2.5M.
That's small potatoes in the financial world. We got a bargain!
by mickeyd
Fri Jan 17, 2020 5:19 pm
Forum: Investing - Theory, News & General
Topic: LA Times on Vanguard Too Big
Replies: 64
Views: 8442

Re: LA Times on Vanguard Too Big

As VG grows, I grow (my portfolio anyway). :beer
by mickeyd
Fri Jan 17, 2020 5:07 pm
Forum: Investing - Theory, News & General
Topic: S&P500- A Dozen Years
Replies: 12
Views: 1652

S&P500- A Dozen Years

S&P 500 CLOSING


12/31/2008 903.25
12/31/2009 1115.1
12/31/2010 1257.64
12/31/2011 1257.6
12/31/2012 1426.19
12/31/2013 1848.36
12/31/2014 2058.9
12/31/2015 2043.94
12/31/2016 2238.83
12/29/2017 2673.61
12/31/2018 2506.85
12/31/2019 3230.78
by mickeyd
Fri Jan 17, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: Worst bond fund returns of 2019
Replies: 6
Views: 753

Worst bond fund returns of 2019

There are plenty of bond funds that have a stinkin' return. VG had only one on the list. Not sure why folks stick with these losers. The largest bond fund, the $248.6 billion Vanguard Total Bond Market Index Admiral Shares (VBTLX), had a 0.05% expense ratio and 8.71% return in 2019, data show. (On t...
by mickeyd
Fri Jan 03, 2020 6:14 pm
Forum: Personal Investments
Topic: not enough "cash" ?
Replies: 23
Views: 3061

Re: not enough "cash" ?

Too much cash is a pretty darn good problem to have.
by mickeyd
Fri Jan 03, 2020 3:12 pm
Forum: Personal Consumer Issues
Topic: TurboTax Best Price
Replies: 13
Views: 2148

TurboTax Best Price

Where is the best (cheapest) place to get 2019 TT either online or not?
by mickeyd
Tue Dec 24, 2019 3:17 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says not to invest in Bonds
Replies: 63
Views: 3312

Re: Dave Ramsey says not to invest in Bonds

DR is a bit of a pied piper in that he (like a miracle) shows them how to dig out of debt if they follow his steps. Once they get debt under control these folks assume (wrongly) that DR must have all of the necessary financial guidance needed to succeed in life. Dave continues to play the pipe and t...
by mickeyd
Tue Dec 24, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone had success demanding a fully remote position at their current employer?
Replies: 31
Views: 2603

Re: Anyone had success demanding a fully remote position at their current employer?

DS works remotely for a bank that is over 1000 miles away. He does cyber security work which (I suppose) can be done from any location. It is my understanding that the bank has all of it's cyber security force stationed all over the country w#rking @ home.
by mickeyd
Thu Dec 19, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Joejuan Williams..Future Boglehead?
Replies: 2
Views: 641

Joejuan Williams..Future Boglehead?

Joejuan Williams is a rookie in the NFL, but he has a Boglehead nose for saving/investment. Wish I had that big of a stash when I was his age. I was a big saver as a young kid and it continues today. Wonder how we could send him an invite to this forum? “I’ve been stingy with money ever since I was ...
by mickeyd
Sat Dec 14, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth raising LTCi premiums 150% over next 5-7 years
Replies: 165
Views: 9028

Re: Genworth raising LTCi premiums 150% over next 5-7 years

LTCI looks more and more like something to pass on and continue to pass on. Glad I did so and continue to do so. :greedy
by mickeyd
Fri Dec 13, 2019 10:48 am
Forum: Personal Investments
Topic: $96/year Planning
Replies: 29
Views: 8708

Re: $96/year Planning

Seems to me that the best way to get the best financial plan/advice is to learn the process (it's easy) and do it yourself. No one has more at stake than you when it comes to managing your stash. Also saves you $96 annually. But, most smarty-pants posters here already know this.
by mickeyd
Mon Dec 09, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA logistics
Replies: 17
Views: 1205

Re: COBRA logistics

I used to administer numerous COBRA plans and each is a bit different. Call the COBRA administrater and ask your question to those that know and work that plan daily. Ask for a written response to your question. If a problem crops up later on, the written response will prevail.
by mickeyd
Sat Dec 07, 2019 3:04 pm
Forum: Personal Investments
Topic: VTSAX vs VVIAX
Replies: 6
Views: 1247

Re: VTSAX vs VVIAX

I own TSM (20 yrs) and used to own Value. Suggest you study and understand what "value" and "growth" mean to investors. It is neither good nor bad to own. Just depends your investment needs.
by mickeyd
Sat Dec 07, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: 50 Next Year - Should I Join AARP?
Replies: 105
Views: 8602

Re: 50 Next Year - Should I Join AARP?

Should I Join AARP?
No. But don't worry, you will have many, many more opportunities in the future to reject them again and again.
by mickeyd
Sat Dec 07, 2019 2:49 pm
Forum: Investing - Theory, News & General
Topic: "What Vanguard thinks about stock investing" ([second] time I've noticed this!)
Replies: 8
Views: 1414

Re: "What Vanguard thinks about stock investing" ([second] time I've noticed this!)

Nothing is fixed nor carved in stone folks. Combining active and indexing strategies can benefit your portfolio Operative word "CAN". some actively managed funds do offer the potential . Operative word "SOME". international stocks can help you diversify . Operative word "CAN". If we own TSM and Tota...
by mickeyd
Wed Dec 04, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 11970

Re: How much money can retirees really save by moving to a state without income tax?

When I left NJ (hi inc.Tax) for TX (No inc.tax) in 1986 I got a big smile for many reasons. I am still smiling, since my CCRC has no property tax either.
by mickeyd
Wed Dec 04, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Comparative Yields
Replies: 1
Views: 139

Comparative Yields

It is interesting to note that the yield of 3 different VG funds is really tight.

PMMF 7day yield = 1.73%
STB 30day Yield = 1.76%
TSM 30day Yield = 1.78%
by mickeyd
Tue Nov 26, 2019 2:14 pm
Forum: Personal Investments
Topic: Paul Merriman VG recommended emergency fund
Replies: 68
Views: 6915

Re: Paul Merriman VG recommended emergency fund

My version of cash reserves has 50% of my taxable stash in PMMF, 25% in STB, and 25% in TSM. It has been this way for 15+ years. Not sure now why I set it up that way. It's been too long to recall. I stash my RMD in one, or all, of these vehicles. The amount of PMMF varies much as I tend to spend it...
by mickeyd
Tue Nov 05, 2019 4:12 pm
Forum: Personal Investments
Topic: Whole life insurance. Dump it or other alternatives?
Replies: 21
Views: 1369

Re: Whole life insurance. Dump it or other alternatives?

I see it as losing nearly $27000 now or 26000 in 10 months
What advice did your "financial advisor" give you on this dilemma? You paid in advance for his/her advice.
by mickeyd
Tue Oct 29, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: USAA will not allow SPIA in irrevocable trust unless trust grantor is also a trustee (?)
Replies: 7
Views: 662

Re: USAA will not allow SPIA in irrevocable trust unless trust grantor is also a trustee (?)

Have you asked for a clearer explanation from a manager/supervisor? If you can not get a response that meets your requirements, ask to be referred to a VP. They have plenty of VPs @ USAA.

You deserve an explanation that makes sense to you.
by mickeyd
Tue Oct 29, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: CCRC Tippng?
Replies: 7
Views: 895

CCRC Tippng?

If you live in a CCRC, do you individually tip the staff that assists you daily, or is there an established process for the residents to collectively tip the workers at your facility? If so, how does it work?
by mickeyd
Thu Oct 24, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Part time job (20h/wk) - how to shield income from taxes?
Replies: 36
Views: 2532

Re: Part time job (20h/wk) - how to shield income from taxes?

Now she'll be getting it all as cash and I expect that income will be taxed heavily when we file our joint return.
Is it not her obligation to pay the correct amount of taxes on the income she earned? The rest of us pay our taxes.
by mickeyd
Tue Oct 22, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard checking -- Use it or lose it
Replies: 76
Views: 6583

Re: Vanguard checking -- Use it or lose it

Triggering a taxable event.
Not true for MMF.
by mickeyd
Tue Oct 22, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard checking -- Use it or lose it
Replies: 76
Views: 6583

Re: Vanguard checking -- Use it or lose it

I recall getting notification from VG regarding the PMMF checking account a while ago. I just wrote a check for $250 and deposited it in my checking account to establish that I wished to continue the check writing feature. No problem since that time.
by mickeyd
Fri Oct 18, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Edward Jones presentation at the senior center
Replies: 44
Views: 7129

Re: Edward Jones presentation at the senior center

Everyone should understand that ALL free "investment" seminars are nothing more than an opportunity for the presenter to collect address and phone number of those that attend. Future contact is to be expected. The investment community values these kinds of leads.
by mickeyd
Mon Oct 14, 2019 12:39 pm
Forum: Personal Investments
Topic: Mother's variable annuity
Replies: 23
Views: 1926

Re: Mother's variable annuity

variable annuity through Vanguard
I seem to recall that since VG is not an insurance company, the VA is probably issued by another company (insurance).
by mickeyd
Fri Sep 27, 2019 5:46 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 284
Views: 36858

Re: What is your AA, given your age? and, Why?

45/45/10 @ 75. Simplicity.
by mickeyd
Thu Sep 26, 2019 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Car Insurance - New Car
Replies: 5
Views: 293

Re: Car Insurance - New Car

We have USAA and recently dumped a 2011 Corolla and a 2005 Camry for a 2019 Camry and insurance price dropped $60+ and added Collision.
by mickeyd
Thu Sep 26, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 13630

Half of Retirees Afraid to Use Savings

After a brief time of me being reluctant to spend my retirement savings assets, I soon got over it and now DW and I spend away and keep an eye on the bottom line at the same time. What do most of you folks do? A 2009 study estimated that by the time middle-income retirees are in their 80s, they stil...
by mickeyd
Wed Sep 25, 2019 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Quiz: How Well Do You Know Social Security
Replies: 37
Views: 3708

Re: Quiz: How Well Do You Know Social Security

I got 9 out of 10. I don't think it's a very useful test. Apart from bragging rights.
You had 10 Qs? Most of us only had 9 Qs.
by mickeyd
Sun Sep 22, 2019 2:23 pm
Forum: Personal Investments
Topic: Investing half of net worth, is market too high?
Replies: 25
Views: 5491

Re: Investing half of net worth, is market too high?

a bit over $500,000 ($425 after capital gains
Can we assume that you mean "$425K?"
by mickeyd
Sun Sep 22, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Quiz: How Well Do You Know Social Security
Replies: 37
Views: 3708

Quiz: How Well Do You Know Social Security

No one can beat my score on this quiz. But most of you can tie my number. Have fun.
How You Did on this Quiz:


100%


You Answered

9 out of 9 questions correctly
Quiz: How Well Do You Know Social Security?

[link formatted by admin LadyGeek]
by mickeyd
Wed Sep 11, 2019 2:45 pm
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 233
Views: 34999

Re: Rich people are hoarding cash

I do not care what anyone else has in his/her stash I only care about what is in my stash. Does that make me selfish?
by mickeyd
Mon Sep 09, 2019 9:40 am
Forum: Investing - Theory, News & General
Topic: Allan Roth: Why Risk-Profile Questionnaires Don’t Work
Replies: 48
Views: 4025

Re: Allan Roth: Why Risk-Profile Questionnaires Don’t Work

Emotions, however, do underlie some questions, such as whether an investor would lower equities during market downturns. Yea, that is so true. You gotta have a dog in the fight to appreciate what risk assumption is all about. When the S&P500 drops 100 points in a day, what does it feel in your gut?...
by mickeyd
Fri Sep 06, 2019 8:23 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth: Why Risk-Profile Questionnaires Don’t Work
Replies: 48
Views: 4025

Re: Allan Roth: Why Risk-Profile Questionnaires Don’t Work

Many years ago (15+) I found that Vanguard risk questionnaire very helpful in arranging my initial AA search. Sure, my current AA is a lot different than that one of many years ago, but it was an excellent place to begin. We all need a boost along the way.