Search found 4471 matches

by mickeyd
Thu Feb 22, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: The Final Frontier...just did my own taxes!
Replies: 14
Views: 767

Re: The Final Frontier...just did my own taxes!

Been doing my own for a long time. I began TT about 10 years ago (Free from VG). Prior to that I did it the old fashioned way via stubby pencil work. Along the way I have learned a lot about taxes. Still use TT even though it's not free any more at VG.
by mickeyd
Sun Feb 18, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Auto Shady Practice?
Replies: 31
Views: 2166

Re: GEICO Auto Shady Practice?

GEICO? Isn't that one of Warren Buffet's cash cows?
by mickeyd
Thu Feb 15, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 6394

Re: Work-out schedule for those in 60s

I'm age 73. Hope if it's OK to respond to "60s" thread. I go to a gym at a near-by military base daily. I work on all parts of my frame each day for about an hour or so. Most of the others that are present when I work out each AM are in their 20's. I have been advised on many occasions that my daily...
by mickeyd
Thu Feb 15, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15840

Re: free dinner investing seminar

My wife and I have no need of such help, so simply thanked them after enjoying our dinner. As others have mentioned, the follow up form did not include a "not interested" box, but they provided verbal guidance to just write "I'm good" on the form if we had no interest in further engagements. These ...
by mickeyd
Wed Feb 14, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 3943

Re: Going Paperless Issues

Vanguard would charge for paper statements, so not paying a fee is just as good.
I don't believe that VG is charging me any more for the paper statements that I receive.
by mickeyd
Tue Feb 13, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 3943

Re: Going Paperless Issues

I still refuse to go paperless unless I'm compensated for it. AT&T paid me $20 to convert. What if I am not able to access my account due to interruption (remember Puerto Rico) or other breakdown. I eventually get it all delivered to my mailbox and review it, mark it up, file it away. I can always p...
by mickeyd
Mon Feb 12, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15840

Re: free dinner investing seminar

I have previously posted that I have attended about 2 dozen of these dog-and-pony shows and I have enjoyed most of them. For a couple of years I was retired before DW was so I had time on my hands at mid-day so I acted on the numerous mail invitations that I received in those days. I usually dropped...
by mickeyd
Sun Feb 11, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 159
Views: 27031

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Last time I checked, PMMF was 1.45% SECY. Same as Ally online savings act.
by mickeyd
Tue Feb 06, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: shall I buy Toyota prepaid maintenance service for 2018 Camry
Replies: 37
Views: 3125

Re: shall I buy Toyota prepaid maintenance service for 2018 Camry

All of this is free if I take it to the dealer I bought it from for the work. If I take it to another dealer, it's only good for 2 years.
That's a great additional benefit. I'll bet that the dealer pays for that. I agree that it's a good benefit to ask for even if it is not offered.
by mickeyd
Mon Feb 05, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 78
Views: 14920

Re: Vanguard Money Market vs. Savings Accounts

PMMF currently has a 1.45% SEC Yield.
by mickeyd
Sat Feb 03, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Index Funds During Stock Market Decline?
Replies: 20
Views: 2029

Re: Index Funds During Stock Market Decline?

I'm worried sooner or later it's going to crash
Perhaps you should not own any stocks at all. Maybe putting all of your stash in cash would eliminate all of those worries. Not everyone has the temperament to own stocks.
by mickeyd
Mon Jan 29, 2018 5:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 200
Views: 13707

Re: Post your Financial Milestone Announcements Here

I once again fell way short of membership in the 3 comma club. I have a feeling that 2018 may get me over the top.
by mickeyd
Sat Jan 27, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Ally raised their savings account rate to 1.15%
Replies: 19
Views: 3952

Re: Ally raised their savings account rate to 1.15%

I noticed today that the Ally online account is now paying an APY of 1.35%. PMMF is @ 1.45% SECY.
by mickeyd
Sat Jan 27, 2018 3:35 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 711
Views: 35920

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

Aptenodytes wrote:
Sat Dec 30, 2017 6:00 pm
2203
Thanks.
It's too late for 2017 and too early for the 2018 contest.

OOPS... looks like I missed it too. 2018 is now closed. :greedy
by mickeyd
Sat Jan 27, 2018 3:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 200
Views: 13707

Re: Can I be a member of the two comma club?

The way that I see it, you can join the two-comma-club as often as you pass the million dollar mark GOING UP. Using net worth or only investable assets is your call.
by mickeyd
Sat Jan 27, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Money Markets vs. High Yield Savings
Replies: 12
Views: 1411

Re: Money Markets vs. High Yield Savings

Toons wrote:
Thu Jan 25, 2018 5:48 pm
I hear
1.40
I hear
1.45....
Do I hear 1.50?

:mrgreen: :mrgreen:

https://www.marcus.com/us/en/savings/hi ... s&schl=agq
Probably not until the FED raises their rate to 1.75% in a few months.
by mickeyd
Thu Jan 25, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Money Markets vs. High Yield Savings
Replies: 12
Views: 1411

Re: Money Markets vs. High Yield Savings

If PMMF pays more than "high yield savings" and you can withdraw it w/o penalty, by all means move it to PMMF ASAP. Of course, the savings account may soon increase the rate to a higher rate than PMMF, then move it back. There must be a term for this action. Perhaps "back and forth" strategy.
by mickeyd
Sat Jan 20, 2018 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Income in retirement questions
Replies: 15
Views: 2169

Re: Income in retirement questions

will leave me around $24,000 short per year
That's a pretty hefty gap between in and out money. I'd rethink retirement and save 100% of income for a couple of years so it can help produce income in the future.
by mickeyd
Tue Jan 16, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 17434

Re: How does everyone keep track of your portfolio?

Everyone is different.
Ain't that the truth?
by mickeyd
Tue Jan 16, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Dow 30,000 S&P 3000, Nasdaq 10,000
Replies: 39
Views: 4684

Re: Dow 30,000 S&P 3000, Nasdaq 10,000

Remember, market always does opposite of the most common consensus.
But, but, we're all smarter than that...aren't we?
by mickeyd
Tue Jan 16, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1438

Re: Strange Life insurance product - keep or dump?

You say that there are no fees. If that is what the insurance person told you, he is lying. The fees may be well hidden, or called something else, but they are being paid. Ralph I agree with Ralph. There must be fees. "Fees" keep the policy in force and pay for the policy "upkeep" and administrativ...
by mickeyd
Mon Jan 15, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: Dow 30,000 S&P 3000, Nasdaq 10,000
Replies: 39
Views: 4684

Re: Dow 30,000 S&P 3000, Nasdaq 10,000

I follow the S&P500. Can you shoot me the number that I will need to look for in order to know when to sell most of my equity assets?
by mickeyd
Mon Jan 15, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Strange Life insurance product - keep or dump?
Replies: 18
Views: 1438

Re: Strange Life insurance product - keep or dump?

There must be a monthly or annual deduction from the values to keep this policy in force since they are not making payments. The question is, is it better to cash it in and invest the receipts in a low cost fund like the Total Stock market Index which would eliminated the cost of insurance as well a...
by mickeyd
Sat Jan 13, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 17434

Re: How does everyone keep track of your portfolio?

I'm kinda proud of the spreadsheet design and always looking for things I can add easily to it. :happy
If those are real numbers, I'd suggest deleting them or making them fake after stating so.

I don't think that it is ever a good idea to post ones actual balances online.
by mickeyd
Tue Jan 09, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Can you ever win the game?
Replies: 50
Views: 5274

Re: Can you ever win the game?

It's quite possible that they will be scaled down, and means testing of SS and Medicare are concerns. Assuming that those programs remain at least as good as they are today is a risky assumption. I don't see any reduction in these plans (MC/SS) until current federal welfare programs have been serio...
by mickeyd
Mon Jan 08, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 171
Views: 21252

Re: TurboTax Prices

I found TT Premier for $59.99 on the Vanguard site and if you are a member of USAA for $44.99
I used TT Premier last year that I got from USAA. Will probably do the same this year, but will wait until the buying mania quiets down. Maybe a lower price will pop up later on.
by mickeyd
Mon Jan 08, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Can you ever win the game?
Replies: 50
Views: 5274

Re: Can you ever win the game?

RE: OP

Sure. Look at me. If I can do it, it can't be that difficult.

As Dr. Bernstein has noted "Dieting and investing are both simple, but neither is EASY."
by mickeyd
Sat Jan 06, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: [Should my girlfriend keep her life insurance policy?]
Replies: 4
Views: 394

Re: [Should my girlfriend keep her life insurance policy?]

Depends what the cash will be invested in. If there is no immediate need for the money and it would be dropped into a savings account, for instance, it may pay her to keep the LI if it yields more (say 3%). She can always surrender it at any time in the future. Sometime these old WL policies pay to ...
by mickeyd
Mon Jan 01, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: Could someone explain fees to me?
Replies: 10
Views: 1240

Re: Could someone explain fees to me?

Highly recommend sending her a link to the episode John Oliver did on Last Week Tonight on high-fee 401k plans, (not) coincidentally featuring John Hancock. As with everything else the show has covered, it's profane, hilarious, and a perfect introduction to the topic. https://www.youtube.com/watch?...
by mickeyd
Sat Dec 30, 2017 3:55 pm
Forum: Investing - Theory, News & General
Topic: Could someone explain fees to me?
Replies: 10
Views: 1240

Re: Could someone explain fees to me?

Employers often match a certain percentage of whatever an employee contributes to the plan. This is often 2-4%. This should be taken into account when making such decisions.
by mickeyd
Sat Dec 30, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5901

Re: Keeping a checkbook register

Maintaining a check register makes total sense. Riding herd on your debits and credits is essential in business, so why not in your personal life? We seldom write a paper check, but pay all bills online automatically as many other folks do. I have always reconciled my checking account monthly and pr...
by mickeyd
Sat Dec 30, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: Could someone explain fees to me?
Replies: 10
Views: 1240

Re: Could someone explain fees to me?

As Steve Martin said in "The Jerk", "Oh, so it's a money-making deal". Yes it is, and the Third party Administrator (TPA) thanks them for it every day.
by mickeyd
Sat Dec 30, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle’s 5 bold investment predictions for 2018 and beyond.
Replies: 39
Views: 6859

Re: Jack Bogle’s 5 bold investment predictions for 2018 and beyond.

I find predictions/projections like this of little value, even if they come from Jack. I plan to take no actions in my AA due to this revelation. Staying @ 45/45/10.
by mickeyd
Thu Dec 28, 2017 5:48 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 6325

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

If VG is getting too large, all of you guys need to consider bailing out and swimming over to the Fido boat over there. I will be glad to stay until the last of you have departed and I will also turn to lights out when I finally bail out.
by mickeyd
Sun Dec 24, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Federal MM e/r increase
Replies: 2
Views: 522

Re: Vanguard Federal MM e/r increase

Thanks for that info Doc. I also noticed that PMMF now has a SEC Yield of 1.34%. It has not been in that neighborhood for quite a while.
by mickeyd
Sat Dec 23, 2017 2:24 pm
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 7514

Re: Saving for the crash

a bunch of people were saying that they're setting aside a large amount of cash for the next big market crash


Who are these people?

Have them report to me immediately!
by mickeyd
Sat Dec 23, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Naval Officer looking ahead to retirement
Replies: 10
Views: 1132

Re: Naval Officer looking ahead to retirement

healthcare costs will stay somewhat locked in due to Tricare for Life. Unless you are age 65, you will not be eligible for TFL until age 65. You will have to sign up for Tricare Prime (or whatever it is called now) UNTIL AGE 65. - My Roth is actively managed and I think I am getting killed on fees ...
by mickeyd
Sat Dec 23, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Are Roth IRAs overrated?
Replies: 77
Views: 7460

Re: Are Roth IRAs overrated?

zz4 wrote:
Sat Dec 23, 2017 1:32 pm
Am I right in thinking that starting a Roth would not benefit me at this point as we're at the top or near the top of the tax brackets?
Why do you think that?
by mickeyd
Sat Dec 23, 2017 12:47 pm
Forum: Personal Consumer Issues
Topic: Medicare Medical Insurance
Replies: 21
Views: 1401

Re: Medicare Medical Insurance

Looks like $134 is the new normal. I remember when the charge was $99 several years ago. DW has a new rate of only $121 because her SS income is so low. All of her 2% raise went for Medicare premium increase. The best thing to do in 2018 is to get very sick and run up your expenses so that Medicare ...
by mickeyd
Sat Dec 23, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Are Roth IRAs overrated?
Replies: 77
Views: 7460

Re: Are Roth IRAs overrated?

There are few places to legally invest your stash and not have to share any part of the growth with the Feds. Roth is my favorite investment and I am sorry that all of my stash is not in my Roth account.
by mickeyd
Wed Dec 06, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 4092

Re: How do you know you are FI?

I think that I became FI when I realized that my retired income stream (not counting RMD) was greater than our monthly expenses. This allowed me to stash left over cash in my Ally account every month. The less I work, the more my account grows.

I love it when a plan comes together.
by mickeyd
Sat Dec 02, 2017 2:29 pm
Forum: Investing - Theory, News & General
Topic: "Diversification: A Reason to Stay the Course With Your High-Quality Bond Fund."
Replies: 21
Views: 3820

Re: "Diversification: A Reason to Stay the Course With Your High-Quality Bond Fund."

Thanks for that link Taylor. Still, it makes good sense to diversify your bets. For those with significant equity exposure, holding a high-quality bond fund is a good way to do just that Even though TBM seems to be the FI fund of favor here, I have always liked the Intermediate-Term Bond fund. Seems...
by mickeyd
Sat Dec 02, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: The 4% rule, Firecalc and Human Nature
Replies: 86
Views: 6403

Re: The 4% rule, Firecalc and Human Nature

As mentioned earlier, it's really the "4% guess", not the "4% rule". None of us knows if it will work for us or not. Only those who follow us (our beneficiaries) will see the results of our distribution plan. Do the best you can with what you have. I'm sure my plan will work. Are you sure yours will...
by mickeyd
Sat Dec 02, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: Fama - Embrace passive management already
Replies: 16
Views: 2605

Re: Fama - Embrace passive management already

Timing is even more subject to error than picking individual securities.
Can't mention this too darn often.
by mickeyd
Sat Dec 02, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 21218

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

If not Ponzi, certainly Ponziish.

Look for many articles in future financial pubs with titles such as "How did I fall for Bitcoin/Ponzi scheme?"
by mickeyd
Fri Dec 01, 2017 5:25 pm
Forum: Personal Consumer Issues
Topic: Win Bigly - Scott Adams
Replies: 26
Views: 3926

Re: Win Bigly - Scott Adams

I viewed an interview (about an hour) on C-SPAN a week or so ago plugging this book. Scott is a real hoot. Can't get enough of his humor or comments about persuasion.
by mickeyd
Tue Nov 28, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: CNBC says Vanguard says 70% Chance of "Correction"
Replies: 63
Views: 8261

Re: CNBC says Vanguard says 70% Chance of "Correction"

mickeyd wrote:
Mon Nov 27, 2017 5:11 pm
After a 24 hour cooling off period, I will be converting it all to cash and gold.
I have cooled off now. I will stay the course since that is how I have done it for a long, long time,