Search found 3943 matches

by dratkinson
Fri Oct 20, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investment Strategy
Replies: 15
Views: 820

Re: Emergency Fund Investment Strategy

I use to use CDs, and savings bonds, and chased rates. But then I read senior BHs talking about having "enough". When you have "enough", they said, you don't need a dedicated EF as all of our investments become our EFs. So I changed and now see myself as having 3 tiers of emergency funds. I keep: --...
by dratkinson
Thu Oct 19, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Please Criticize my Funds.
Replies: 28
Views: 2309

Re: Please Criticize my Funds.

The major advantage of a target retirement fund is that it can be a single fund all-in-one portfolio, which requires no attention or management by the investor. You never have to rebalance and don't have to monitor your investment. I think the major advantage is that portion of the portfolio is man...
by dratkinson
Tue Oct 17, 2017 2:55 pm
Forum: Personal Consumer Issues
Topic: Storing Lawn Tractor over the Winter
Replies: 35
Views: 1722

Re: Storing Lawn Tractor over the Winter

Just mowed my lawn for what might be the last time here in NH. I bought a Simplicy Broadmoor lawn tractor back in June, ... You might find it fun to read the SimpleTractors website and participate in their forum. But be careful as they believe you need one tractor for every attachment. And you can ...
by dratkinson
Mon Oct 16, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: 1st United Credit Union 3% 3 year CD
Replies: 5
Views: 1452

Re: 1st United Credit Union 3% 3 year CD

OP, I'm a little slow and just noticed that you are in New York City. This means all your CD interest is triple-taxed (fed, state, city). I believe you can do better than chase taxable teaser rates. How? Vanguard has NY muni funds that are triple-tax exempt. One of the senior BHs recommends using Va...
by dratkinson
Sat Oct 14, 2017 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Please Criticize my Funds.
Replies: 28
Views: 2309

Re: Please Criticize my Funds.

+1 Bonds. I also believe you should have more bonds. Suggest 30% in bonds. Why? --25-30% is recommended for new investors with unknown risk tolerance. --Moving from 10% to 30% is a conservative move, --but 30% bonds fits the aggressive rule-of-thumb "age - 10 in bonds". Bonds in taxable. The additi...
by dratkinson
Thu Oct 12, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Please Criticize my Funds.
Replies: 28
Views: 2309

Re: Please Criticize my Funds.

This needs to be greatly simplified. If you can get a high quality target retirement fund for .07% in the 401K, that is a screaming good deal. Here is a simple, but very effective approach: Target Retirement 2035 in both 401K and 403b. LifeStrategy Moderate Growth or Balanced Index fund (vbiax) in ...
by dratkinson
Wed Oct 11, 2017 8:12 pm
Forum: Investing - Theory, News & General
Topic: input needed on this book by Robert T. Kiyosaki in the "Rich Dad" series. Helping a friend.
Replies: 7
Views: 1254

Re: input needed on this book by Robert T. Kiyosaki in the "Rich Dad" series. Helping a friend.

Everything that's old in new again. I made this same mistake after reading the book by Charles Givens. Then attending the free seminar, and buying the hawked products. Some people just can not learn but in the school of hard knocks. See: https://en.wikipedia.org/wiki/Charles_J._Givens Your friends w...
by dratkinson
Wed Oct 11, 2017 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: 1st United Credit Union 3% 3 year CD
Replies: 5
Views: 1452

Re: 1st United Credit Union 3% 3 year CD

BH 1st United Credit Union 3% 3 year CD I use to play games with my first-year EF money: chasing rates and CC/account opening bonuses. I no longer believe it to be worthwhile. Why? Now it's too much work to avoid the hurdles. And uncle sugar and his nephews at state earned windfalls from this "secon...
by dratkinson
Wed Oct 11, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP with Walmart (associate stock purchase plan)
Replies: 8
Views: 591

Re: ESPP with Walmart (associate stock purchase plan)

I have no experience with ESPP and have not studied the issue. That being said.... Would it be beneficial to wait until you've owed each share for one year before selling? In this way you'd pay tax at your LTCGs (long-term capital gains) rate. A few less dollars paid to uncle sugar can only help. Of...
by dratkinson
Mon Oct 09, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Help! How do I Choose an International Strategy?
Replies: 13
Views: 1295

Re: Help! How do I Choose an International Strategy?

BH Help How do I Choose an International Strategy ... 2. Abandon Ultimate Buy and Hold by changing all of 401k to Blackrock Lifepath .... Any other suggestions? Suggestion for simplicity. --401k. Use Blackrock Lifepath option. --IRAs. Use Vanguard target data retirement fund options. --Taxable. When...
by dratkinson
Thu Oct 05, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11113

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations. The first million is the hardest... or so I've been told. One day.
by dratkinson
Wed Oct 04, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 47
Views: 4102

Re: So... What bond fund or bond-like instrument do you use?

All my bonds are in taxable. Small orphaned rIRA is play money in equities. Checking/savings (low interest), VMSXX (TE mmkt, check writing backup), 1st tier EFs, 1yr living expenses. VWIUX (IT national muni, fed tax benefit), 3yrs last tier of formal EFs, home projects, new car, dry powder. VWLUX (L...
by dratkinson
Mon Oct 02, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Take out of emergency savings to pay off auto loan?
Replies: 7
Views: 560

Re: Take out of emergency savings to pay off auto loan?

Just as a CYA, I've come to believe it's okay to accelerate the repayment of non-mortgage debts---most expensive first, unless you prefer the snowballing effect of eliminating smaller debts first, your choice---once we have 6mos of living expenses in our EFs.
by dratkinson
Mon Oct 02, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Please help to straighten out our portfolio
Replies: 8
Views: 624

Re: Please help to straighten out our portfolio

^^^ When you edit inline with quoted text, it helps to change the font color of your reply. The color change quickly draws our eyes to your reply. After-tax 401k. If you have the option to contribute after-tax dollars to a 401k, then consider this. See: https://www.bogleheads.org/wiki/After_tax_401k
by dratkinson
Mon Oct 02, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Please help to straighten out our portfolio
Replies: 8
Views: 624

Re: Please help to straighten out our portfolio

Please help to straighten out our portfolio Another option to consider Taxable Assets Cash (6-12 months of living expenses in bank checking/savings and tax-exempt mmkt fund) Total Stock Index Total International Stock Index Intermediate-term national municipal bond fund (bond allocation and extended...
by dratkinson
Mon Oct 02, 2017 2:52 am
Forum: Personal Consumer Issues
Topic: Oil stains: How to treat?
Replies: 12
Views: 1420

Re: Oil stains: How to treat?

I remember having *good* results using Simple Green, but don't remember if all the oil was perfectly removed.
by dratkinson
Sat Sep 30, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: Is it a waste of money having your furnace checked every year?
Replies: 58
Views: 6004

Re: Is it a waste of money having your furnace checked every year?

When I bought my home, inspector identified central heater (Ruud Delux 80 Plus: NG forced air, direct drive squirrel cage blower, spark ignitor) had evidence of flame contact with heat exchanger; recommended having it looked at. Preferred HVAC/plumbing company came out, looked, said it was okay for ...
by dratkinson
Thu Sep 28, 2017 5:36 am
Forum: Investing - Help with Personal Investments
Topic: New to the forum. Help need with AA esp in taxable
Replies: 7
Views: 601

Re: New to the forum. Help need with AA esp in taxable

1) Reinvested distributions in taxable? Taxable accounts configuration---general advice. Cost basis. Set all taxable account investments to use "specific lot identification" cost basis. Why? To give more control over tax reporting. So you can choose: --To sell advancing shares with highest cost basi...
by dratkinson
Wed Sep 27, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: Toyota rear-differential warranty question
Replies: 10
Views: 1111

Re: Toyota rear-differential warranty question

First issue: loaner vehicle. I schedule my vehicle repairs for when the dealer has a loaner car available. The works gonna be done so I need the loaner. On one occasion, my broke vehicle sat a my house until a loaner was available, then it was transported to the dealer. I rode there with tow-truck d...
by dratkinson
Wed Sep 27, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Novice doing some tax planning for 2018
Replies: 21
Views: 1844

Re: Novice doing some tax planning for 2018

Distributions. I assume next year's will be 110% of this year's.
--I don't differential for QDI---assume all are taxable---this builds in a small safety margin in case they are greater than 110%.
--I do differential for muni dividends---tax-exemption at federal and/or state.
by dratkinson
Wed Sep 27, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: New to the forum. Help need with AA esp in taxable
Replies: 7
Views: 601

Re: New to the forum. Help need with AA esp in taxable

BH New to the forum. Help need with AA esp in taxable Family portfolio. Treat all (his/hers) investments as one family portfolio. Your chosen asset allocation (AA) is applied to your family portfolio. From your description, I'm can not tell which investments belong to him and which to her. I don't s...
by dratkinson
Tue Sep 26, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: 56 years old, retired, need help selecting vanguard investment fund
Replies: 16
Views: 2067

Re: 56 years old, retired, need help selecting vanguard investment fund

Hello, newbie here! I am helping my 56 yr old mom with retirement. She has about 200k liquid cash right now with 140k tied up in Ally CD ladder. She wants to put them in a low risk fund in vanguard to gain better interest. I was wondering which fund to invest in for her is the best? All the money i...
by dratkinson
Tue Sep 26, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1763

Re: How do I retain check writing on bond fund?

The message I received said if I write a check that clears by the end of October, I will maintain the check writing privleges. I am going to write a check for $.02 and deposit it in my checking account. That should do it. I think their checkwriting policy is that a check must be for at least $250. ...
by dratkinson
Mon Sep 25, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1763

Re: How do I retain check writing on bond fund?

Remembered something. Checks written on non-mmkt funds can generate the replacement shares/wash sale issue. Updated my thoughts above. Bottom line. With deference to livesoft's nice topic on "...why we shouldn't fear a wash sale", I find it's easier to write checks on only a mmkt fund (or send proce...
by dratkinson
Sun Sep 24, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: How do I retain check writing on bond fund?
Replies: 21
Views: 1763

Re: How do I retain check writing on bond fund?

Wouldn't there be potential capital gains (or losses) when you wrote a check ? Yes, but that's true regardless of how you redeem shares. Yes I fully understand that. But seems to me checking ability tends to have more of a cash account feel vs an investment account. Obviously pretty much everybody ...
by dratkinson
Tue Sep 19, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: After Irma in need of............
Replies: 25
Views: 2293

Re: After Irma in need of............

If you are thinking emergency radio, how about the Eton FRX5 ? AM/FM/weather, NOAA alerts, crank, solar and battery powered and can charge a cell phone. Sangean builds nice radios and I have three. The MMR-88 is the 3rd choice in above review (I don't have one.) After research, bought a Sangean MMR...
by dratkinson
Mon Sep 18, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, First Time Investing, How-To
Replies: 21
Views: 1606

Re: New Job, First Time Investing, How-To

I notice you are updating your old/first topic ("Starting my career on the right foot") with information that you are not providing here. Doing so is a disservice to you as those folks who have newly joined you here don't see those updates, so can't weight that information into their advice. Based o...
by dratkinson
Sun Sep 17, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, First Time Investing, How-To
Replies: 21
Views: 1606

Re: New Job, First Time Investing, How-To

BH New Job, First Time Investing, How-To Seems like a reasonable start. Some things to think about to refine (more simplicity, less work) your investing strategy. Asset allocation. For new young investors with unknown risk tolerance, it's recommended you being with 25-30% bonds. Why? More bonds will...
by dratkinson
Fri Sep 15, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Large portable generator vs. permanent natural gas generator for home
Replies: 67
Views: 4193

Re: Large portable generator vs. permanent natural gas generator for home

... In a long outage, gasoline is probably more available (by getting it out of your car's tank, for example). I investigated the option to use a vehicle as a gasoline tanker. The short answer: it's harder to do than first thought. --An anti-siphon/rollover valve in the filler neck prevent easily p...
by dratkinson
Fri Sep 15, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Large portable generator vs. permanent natural gas generator for home
Replies: 67
Views: 4193

Re: Large portable generator vs. permanent natural gas generator for home

... In a long outage, gasoline is probably more available (by getting it out of your car's tank, for example). I investigated the option to use a vehicle as a gasoline tanker. The short answer: it's harder to do than first thought. --An anti-siphon/rollover valve in the filler neck prevent easily p...
by dratkinson
Fri Sep 15, 2017 3:07 am
Forum: Personal Finance (Not Investing)
Topic: Starting my career on the right foot
Replies: 20
Views: 2674

Re: Starting my career on the right foot

Start drafting a new topic to be posted in the first forum section. Follow the guidelines in the sticky "Asking Portfolio Questions." Do NOT post your topic until after you have provided all of the requested information. Why? It requires ALL of the requested information to craft EACH piece of an inv...
by dratkinson
Fri Sep 15, 2017 2:25 am
Forum: Personal Finance (Not Investing)
Topic: Large portable generator vs. permanent natural gas generator for home
Replies: 67
Views: 4193

Re: Large portable generator vs. permanent natural gas generator for home

Interesting thread. Listening to our 27KW generator running outside the house as read this thread, it has been running now for over 5 days since (and during) Hurricane Irma, powering house including two a/c compressors. And not that noisy, far less than portable generators. Problem here in south Fl...
by dratkinson
Tue Sep 12, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Large portable generator vs. permanent natural gas generator for home
Replies: 67
Views: 4193

Re: Large portable generator vs. permanent natural gas generator for home

This topic has been discussed a few times on the forum. My recollection is a professionally-installed 20KW whole-house automatic NG generator is ~$10K. A portable gasoline generator backup capability can be had for much less, assuming you buy the pieces parts (generator, electrical sub-panel or gene...
by dratkinson
Sun Sep 10, 2017 4:13 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 275
Views: 24211

Re: Name something you had to have and now you regret purchasing it?

Once saw the wooden skeletal frame of an ~1865 Victorian recliner in an antique shop and had to have it. Paid way too much. Paid even more to have it restored. When it was finished and delivered, it looked beautiful, but was the most uncomfortable chair I've ever sat on. So it became just something ...
by dratkinson
Sun Sep 10, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for Credit Card....need to send Drivers License/SS Copies?
Replies: 12
Views: 1194

Re: Applying for Credit Card....need to send Drivers License/SS Copies?

I went through this process a few months back after receiving mailed a Capital One CC offer with an opening bonus. Long-story short: Capital One's document scanning process made my mailed documents illegible, so they requested the documents be sent again. I call/asked them why they didn't have a hum...
by dratkinson
Sun Sep 10, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: At what point would you considering Umbrella Insurance
Replies: 37
Views: 3536

Re: At what point would you considering Umbrella Insurance

daveydoo wrote:
Sun Sep 10, 2017 12:11 pm
I seem to recall that when we added umbrella years ago we reduced our auto liability coverage to the required minimum limit for the umbrella to be in place. ...
+1. Auto insurance minimum to qualify for umbrella policy. Recall it was the insurance rep's suggestion.
by dratkinson
Sat Sep 09, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Anyone use Nextdoor.com for referrals?
Replies: 20
Views: 1549

Re: Anyone use Nextdoor.com for referrals?

... We have a serious problem with drainage and the city does not want more concrete from driveways. My neighbor's basement is just below my driveway. I ran a hose down it and saw the water ran onto his lot. He told me he liked me but he would sue me if the water ran into his basement! ... Possible...
by dratkinson
Wed Sep 06, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: Recommendations on voice recorder?
Replies: 11
Views: 658

Re: Recommendations on voice recorder?

I used an Olympus VN-6200 PC (Radio Shack) to record a meeting with my penpal during her visit to the states in 2010. I had set it to record in high quality and she was pleased with the emailed recordings. It's memory is not removable. Believe I paid ~$75. I bought it because I was told it was popul...
by dratkinson
Wed Aug 30, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: VG tax exempt or VG total bond fund for me?
Replies: 10
Views: 904

Re: VG tax exempt or VG total bond fund for me?

BH VG tax exempt or VG total bond fund for me Been there, done that. When I was in the 15% fed tax bracket and approaching 25%, I wondered the same thing. All of the discussions surrounding appropriate (taxable, municipal) bond funds looked at the effects of bond taxation at the edges of the tax bra...
by dratkinson
Mon Aug 28, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency funds and net worth calcs
Replies: 27
Views: 2548

Re: Emergency funds and net worth calcs

See Wiki topic: https://www.bogleheads.org/wiki/Emergency_fund . (Wiki homepage link found under "Quick links" (screen top left).) Liquid investments. Most keep the first year of their EF safe/insured and liquid---checking, savings, CDs, mmkt, savings bonds (1yr lockout). High-yield checking/savings...
by dratkinson
Sun Aug 27, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Storing a push lawn mower
Replies: 21
Views: 1890

Re: Storing a push lawn mower

... Seems like you threw the baby out with the bathwater. Just because something with positive benefits is not suitable for use all of the time , doesn't mean that you can't use it some of the time, when it is appropriate to do so. It's hard to think of consumer goods that are suitable for every si...
by dratkinson
Sat Aug 26, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Storing a push lawn mower
Replies: 21
Views: 1890

Re: Storing a push lawn mower

Not answering your question, but I recommend a reel lawn mower such as the one by Fiskars instead of gas or electric lawn mower. http://www2.fiskars.com/Products/Gardening-and-Yard-Care/Reel-Mowers/ If the yard is small enough, I would recommend that too. Basically you just have to sharpen the blad...
by dratkinson
Sat Aug 26, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 1891

Re: Sorting out finances [Hong Kong]

See this topic for the HK Bogleheads: viewtopic.php?f=9&t=111639

My thought is they have gone this way before you, so have a better idea of what will work. Sorry I can't be of more direct help.



Welcome.
by dratkinson
Sat Aug 26, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Which Vanguard bond fund for taxable account?
Replies: 18
Views: 2691

Re: Which Vanguard bond fund for taxable account?

The short answer. I believe VWITX is an acceptable answer in the 25% fed tax bracket. The long answer. VWITX is a daily accrual fund so is exempt from the IRS 6mo holding period requirement to protect TE dividends. It's ETF share class does not inherit this exemption. Why do you care? VWITX can easi...
by dratkinson
Fri Aug 25, 2017 5:58 pm
Forum: Personal Consumer Issues
Topic: Ramp for a dog to get into a SUV
Replies: 13
Views: 1070

Re: Ramp for a dog to get into a SUV

How about a hitch-mounted ramp,
See: http://www.google.com/search?q=hitch+mounted+ramp

or a tilting cargo carrier for a narrower fit,
See: http://www.google.com/search?q=hitch+ti ... go+carrier

and have poochie enter/exit by the rear door?
by dratkinson
Fri Aug 25, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: Storing a push lawn mower
Replies: 21
Views: 1890

Re: Storing a push lawn mower

I'd rather store small engines in the garage than outside were a critter could build a nest in the cooling shroud. I have a 4-car garage where the furtherest 2 bays are in tandem. The back bay of the tandem bays is a workshop with outside door and windows. When I've worried about garage fumes, I tur...
by dratkinson
Fri Aug 25, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: How much Stability do Bonds add to Portfolio?
Replies: 19
Views: 1620

Re: How much Stability do Bonds add to Portfolio?

General information. Long-term retirement investing is different from saving for short-term goals. Why? Over the long-term, compound interest works for you to offset market fluctuations. In the short-term, you have only market fluctuations. The market did okay in 2006-2007, then lost 40% in 2008-20...
by dratkinson
Fri Aug 25, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Capital One Credit Cards - Disaster
Replies: 42
Views: 5318

Re: Capital One Credit Cards - Disaster

Data points. Phone as backup plan for online access. Last year a few things snowballed and it looked like I might go over the credit limit on my (preferred) 2% CC. Called Citi CSR and learned I could schedule an early payment to stay under credit limit---faster than getting a credit limit increase. ...
by dratkinson
Thu Aug 24, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: State taxes on Vanguard's Tax-Exempt Bond Index Fund
Replies: 8
Views: 692

Re: State taxes on Vanguard's Tax-Exempt Bond Index Fund

Vanguard has CA muni bond funds that are exempt from federal and CA income taxes, and a CA TE mmkt fund. Recall Vanguard's TE muni INDEX fund is monthly accrual (>.5yr IRS holding period requirement to protect tax-exempt dividends) so you'll have tax reporting issues if you immediately sell reinvest...
by dratkinson
Tue Aug 22, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Medicare when not collecting Social Security
Replies: 17
Views: 1420

Re: Paying for Medicare when not collecting Social Security

I pay quarterly by 2% CC. There is a place on the quarterly bill to fill in your CC number, amount, and sign*. (* You'd be surprised how easy it is to forget how to sign one's name on a piece of paper, as most of my signatures seem to be on small POS screens---nothing but chicken scratches.) I'm als...