Search found 4197 matches

by dratkinson
Wed Jun 20, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: 47 and clueless - direction needed
Replies: 47
Views: 5230

Re: 47 and clueless - direction needed

... Sorry, I'm just trying to understand the fees and mistakes of my past so I can understand and make better choices moving forward. Please tell me they make it complicated on purpose so I don't feel like a complete dork. Search on Investopedia for a description of investing fees. Search: http://w...
by dratkinson
Wed Jun 20, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: NEW Here! 401K/IRA - AA Assistance
Replies: 2
Views: 177

Re: NEW Here! 401K/IRA - AA Assistance

Option: Tax-exempt municipal bond fund. The 22% tax bracket is a little low for using municipal bonds in taxable, but I do it. (Required ~5yrs before I decided it was an okay choice for me.) Given that you want to bring your investments into line with the 3-fund portfolio, your logical bond choice i...
by dratkinson
Mon Jun 18, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1115
Views: 269654

Re: Best watch for around $5,000?

I wouldn't mind having a new watch, but I'd want it to be constructed to avoid the need for periodic maintenance and return trips to the jeweler. Desired features --solar powered --battery that does not need to be changed --time set by WWV --style---simple dress watch in bright or black stainless st...
by dratkinson
Sat Jun 16, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5039

Re: A vehicle that "sits up" but can't afford CRV

If she loves the CRV, then I'd opt to have it repaired. This is what I've done to maintain a '90 Montero. It's major repairs have cost less than 1yr of new car payments. And those repairs have been ~10yrs apart. The last repair was for approximately its blue book value. I keep it running since I can...
by dratkinson
Sat Jun 16, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: convert 4 wire to a 3 wire switch
Replies: 15
Views: 1534

Re: convert 4 wire to a 3 wire switch

Could return the switch and install a solar module on the porch light. Options to automate the porch light and bypass the switch rewiring issue. --Install a screw-in solar module inside the porch light. --Install a post lamp solar controller in a spacer box that moves the porch light ~1 inch from th...
by dratkinson
Sat Jun 16, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: 47 and clueless - direction needed
Replies: 47
Views: 5230

Re: 47 and clueless - direction needed

BH 47 and clueless, direction needed Age 47 Income $33K Annual living expense $14K ($1200/month) Federal tax rate 12%, Indiana tax rate 3.23% Emergency fund (EF) $10K. Insurances, property taxes, vehicle registration,… covered separately. Home paid for. Annual retirement contributions $6K, but plan...
by dratkinson
Fri Jun 15, 2018 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: 47 and clueless - direction needed
Replies: 47
Views: 5230

Re: 47 and clueless - direction needed

BH 47 and clueless, direction needed Age 47 Income $33K Annual living expense $14K ($1200/month) Federal tax rate 12%, Indiana tax rate 3.23% Emergency fund (EF) $10K. Insurances, property taxes, vehicle registration,… covered separately. Home paid for. Annual retirement contributions $6K, but plann...
by dratkinson
Thu Jun 14, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: 47 and clueless - direction needed
Replies: 47
Views: 5230

Re: 47 and clueless - direction needed

Sorry about your F-T problems, but it is a simple matter to get onto a better path. Decide where you want to move your IRA (Vanguard, Fidelity,...). Call them and they can walk you through the process of setting up your new account. Then they will do the work to move your old IRA from F-T, so you do...
by dratkinson
Tue Jun 12, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Next Steps for Single 34 Year Old with Savings and Roth IRA (VASGX)
Replies: 37
Views: 3000

Re: Next Steps for Single 34 Year Old with Savings and Roth IRA (VASGX)

BH Next Steps for Single 34 Year Old with Savings and Roth IRA (VASGX) Without knowing your plans for the future, it's a little difficult to provide exact guidance. So I'll be general. Assumptions. --Your major goal is to save more for retirement. --You are paying into SS. --If you have sufficient s...
by dratkinson
Mon Jun 11, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Light Camping Trailer
Replies: 42
Views: 3386

Re: Light Camping Trailer

Check out the Teardrop and Tiny Travel Trailer forum.
See: http://tnttt.com/

Careful thought, as it can be as addictive as the BH forum.
by dratkinson
Mon Jun 11, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: Two Year Old Leftover Car
Replies: 15
Views: 1304

Re: Two Year Old Leftover Car

If the 2017-2018 safety features are similar, I'd consider the 2017. What does your insurance company say a 2017 model is worth if totaled as soon as you take it off the lot? I'd want to pay considerably less than that. I'd start by offering 75% of what the insurance company says they'd pay for it t...
by dratkinson
Sat Jun 09, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12285

Re: Why Edward Jones?

... The fiduciary rule is making things confusing for me - why would they get rid of it? I think since I’m in a position of coming from a career where I was able to save a lot and be ready for retirement early If I wanted, I have less external pressures on conflict of interest. Internally I won’t t...
by dratkinson
Sat Jun 09, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12285

Re: Why Edward Jones?

... At my son's work, a Morgan Stanley financial advisor made the rounds and asked him where he kept his investments. My son replied, "At Vanguard." The Morgan Stanley guy made a face, "Oooh, you settle for just average." If I had been your son, I would have been tempted to reply, “Safe from the li...
by dratkinson
Thu Jun 07, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: To remove coffee tea stain from mug, use QxyClean
Replies: 9
Views: 974

To remove coffee tea stain from mug, use QxyClean

It was time to knock back the stains in my mug. Never had much success with multiple different cleaners as they required a lot of scrubbing to remove only a little stain each time so required several cleaning over multiple days to clean a mug. Long story short. This time I tried a little generic oxy...
by dratkinson
Thu Jun 07, 2018 3:22 am
Forum: Investing - Theory, News & General
Topic: Understanding Vanguard statement
Replies: 41
Views: 2537

Re: Understanding Vanguard statement

BH Understanding Vanguard statement I started from an_asker's work to see if I could understand what was happening. No joy. Found some discrepancies that should be double-checked before we can proceed. Purchases and Withdrawals 60,250 Market Apprec/deprec 573 Div, interest and cap gains 8 Value on A...
by dratkinson
Wed Jun 06, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: Understanding Vanguard statement
Replies: 41
Views: 2537

Re: Understanding Vanguard statement

I aligned everything in columns, but when submitted it came out different (bad), as in above post. Hopefully you can read it with a little effort. ALL of your aligned text must be BETWEEN the code brackets. In your work above, the majority of your text is BELOW the code brackets. Try it again. You ...
by dratkinson
Wed Jun 06, 2018 5:41 am
Forum: Investing - Theory, News & General
Topic: Understanding Vanguard statement
Replies: 41
Views: 2537

Re: Understanding Vanguard statement

Don't know how to use code tools dratkinson, but wish I did so I could simulate the look of statement. I don't think I am able to formulate my questions any better, so thanks for everyone trying to help. It just seems like the Purchases number is arbitrary so that the Purchases + Appreciation + div...
by dratkinson
Tue Jun 05, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: Understanding Vanguard statement
Replies: 41
Views: 2537

Re: Understanding Vanguard statement

Maybe OP (original poster, original post) could post his statement numbers so we could see what he is seeing. Can use Code tool above (5th from left) to help align text.
by dratkinson
Tue Jun 05, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Why do I have a wash sale disallowance?
Replies: 12
Views: 1452

Re: Why do I have a wash sale disallowance?

Now, two more follow up questions: Easy one first: what is the significance of the $157 disallowance? My total (short-term) loss was $501.52 (=148.39 + 181.92 + 171.21[adj]). Does this mean I can really only use $344.52 (= 501.52 - 157.00) for tax loss harvesting? Who chooses which lot (09/20 vs. 0...
by dratkinson
Tue Jun 05, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Understanding Vanguard statement
Replies: 41
Views: 2537

Re: Understanding Vanguard statement

Distributions will increase your account value, even if you've lost a little money on share price.
by dratkinson
Sat Jun 02, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Thanks Bogleheads - Mega Backdoor Roth FTW
Replies: 25
Views: 2331

Re: Thanks Bogleheads - Mega Backdoor Roth FTW

No matter how many times I read about this, I can never quite understand the actual logistics of doing it. Is this something I can do myself in etrade as a contractor or do I need to be full time with a 401k? Does anyone know if a step by step guide? If you are a contractor, then maybe you qualify ...
by dratkinson
Sat Jun 02, 2018 8:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: Thanks [for the advice]
Replies: 2
Views: 343

Re: Thanks [for the advice]

You say "both" retirement accounts. You are eligible for more than two. Short list of retirement plan options. Don't leave tax-advantaged investing money on the table. --his + her employer retirement accounts --his + her traditional or Roth IRAs --family (his + her) taxable investing for retirement ...
by dratkinson
Sat Jun 02, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Thanks Bogleheads - Mega Backdoor Roth FTW
Replies: 25
Views: 2331

Re: Thanks Bogleheads - Mega Backdoor Roth FTW

... For several years, my AGI has eliminated me from contributing to a Roth IRA, and I also wasn't aware of the Roth Backdoor, which in either case isn't as good as the Mega. (It does seem odd to complain about making too much money...) So thanks to Bogleheads, I'm getting >13k savings in a Roth ve...
by dratkinson
Thu May 31, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: TLH muni bond fund with loses - any advice?
Replies: 4
Views: 453

Re: TLH muni bond fund with loses - any advice?

Evil idea. You could TLH from VWITX/VWIUX to VWLTX/VWLUX. The price should not chance much in 30 days, but something evil will happen. What? You'll earn more dividends for the month you are in the LT muni fund. Then you get to struggle with the decision to go back to the IT muni fund. Bwaa ha ha. :t...
by dratkinson
Wed May 30, 2018 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Best use for a $2k raise for a middle-income teacher
Replies: 35
Views: 3707

Re: Best use for a $2k raise for a middle-income teacher

BH Best use for a $2K raise for a middle-income teacher The general advice for new money is: --Maximize your annual tax-advantaged space. Your retired self will thank you. --Pay down high-interest long-term debt so you are not still paying for a mortgage in retirement. --Increase your taxable invest...
by dratkinson
Mon May 28, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Alternatives
Replies: 16
Views: 1547

Re: Emergency Fund Alternatives

Can buy a bond fund in your brokerage account and call that a tier of your EFs. --cash equivalents (CCs, checking, savings, mmkt, CDs, savings bonds, HELOC,...), --bonds, --equities. Should give you more return than cash equivalents, and be safer than equities. And since you would be putting bonds i...
by dratkinson
Mon May 28, 2018 7:33 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 11571

Re: The front page is ugly

^^^ Always feel free to make a suggestion. The top of the listing has links. Click / tap on Subforum to sort by the forum. Mobile users will see less information, but Subforum is available. The forums are sorted in the order they were initially setup. The first forum on this site is Investing - Hel...
by dratkinson
Sat May 26, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Book for graduate?
Replies: 3
Views: 423

Re: Book for graduate?

Three books every young person should read. What I wish someone had told me when I was in my 20s. The Only Investment Guide You’ll Every Need , Andrew Tobias. Or… How to Make the Most of Your Money , Jane Bryant Quinn. Both cover personal finance topics. The Boglehead’s Guide to Investing : structur...
by dratkinson
Sat May 26, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Keep or sell primary residence condo after job move?
Replies: 23
Views: 1632

Re: Keep or sell primary residence condo after job move?

I would not keep it for two reasons. The first is that it is not worth the trouble. The second is that California has high tax rate and it is aggressive in "keeping residents" for tax purpose. I wonder whether having a condo in California affects your tax status. +1. Knew a military coworker who ma...
by dratkinson
Fri May 25, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Eaton Vance?
Replies: 3
Views: 619

Re: Eaton Vance?

A quick internet search for "leaving Eaton Vance" didn't find any great client abuse issues, so they seem to be not as bad as Edward Jones. But a quick search for "Eaton Vance fees" found they do sell in-house funds with a sales load. Meaning: if you friend is not knowledgeable about loads/fees, the...
by dratkinson
Fri May 25, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Rental car in Denver, CO
Replies: 22
Views: 1675

Re: Rental car in Denver, CO

In the early '90s, four of us USAF coworkers attended a multi-day meeting in Colorado Springs. We handled our ground transportation needs by renting from Rent-A-Wreck. The car was a big old Bonneville and could easily carry a half-dozen folks and all of their baggage. (Don't remember how we got from...
by dratkinson
Wed May 23, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: AAA vs. GEICO for Roadside Assistance--Help Me Decide!
Replies: 30
Views: 2203

Re: AAA vs. GEICO for Roadside Assistance--Help Me Decide!

... Lock out assistance Paid one locksmith to unlock my vehicle many years ago. Now I self-insure by keeping my vehicle's thin valet key in my wallet; it's stuck in the card slot behind my driver's license. Don't know what folks can do if they have a fat key. Maybe one of the magnetic key boxes wou...
by dratkinson
Tue May 22, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: AAA vs. GEICO for Roadside Assistance--Help Me Decide!
Replies: 30
Views: 2203

Re: AAA vs. GEICO for Roadside Assistance--Help Me Decide!

My insurance does not cover towing. The few times I've been towed, I recall paying a hookup change (~$50, maybe) plus a trip charge (~$1/mile, maybe). I was glad to pay the towing bill* to get my vehicle to my preferred dealer's repair shop. Getting my vehicle repaired by the shop I wanted, and havi...
by dratkinson
Mon May 21, 2018 5:29 am
Forum: Personal Consumer Issues
Topic: Best used SUV, Wagon, Hatch, Pickup under $10k
Replies: 34
Views: 3013

Re: Best used SUV, Wagon, Hatch, Pickup under $10k

Recall Consumer Reports periodically has an issue listing used vehicle reliability.

Can search internet.
See: http://www.google.com/search?q=most+lea ... n+maintain
by dratkinson
Sun May 20, 2018 8:43 pm
Forum: Personal Consumer Issues
Topic: Pay TV scams?
Replies: 3
Views: 735

Re: Pay TV scams?

Would OTA (over the air) TV work for you? Go to tvfool.com, enter your zipcode (optional: street address and antenna height), and see what stations are available to you. Disclosure. Being in a metropolitan area, rabbit ears get ~50 channels (all varieties). A rooftop antenna with rotor would get a f...
by dratkinson
Sun May 20, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Why is my after tax contribution showing up a penny less?
Replies: 6
Views: 654

Re: Why is my after tax contribution showing up a penny less?

Since you invested in a TDR fund, it's probably a rounding error. Sometimes the rounding goes in our favor, sometimes against us. Check the price of the TDR fund on the day you bought it. Round the number of shares to xxx.xxx (thousandths), just like we were taught in HS. Now multiply the rounded sh...
by dratkinson
Sat May 19, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: Which AA do people draw from in retirement?
Replies: 17
Views: 1575

Re: Which AA do people draw from in retirement?

... Thanks KlangFool. So, in a bear market, you would pull that cash from Bonds? And in a bull market from stocks? Cash reserve. If you use the cash reserve idea (5yrs typically reported), then during a bull market you'll be refilling your cash reserve while you continued to withdraw from cash to p...
by dratkinson
Fri May 18, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: Which AA do people draw from in retirement?
Replies: 17
Views: 1575

Re: Which AA do people draw from in retirement?

Add to above Wiki discussion. Recall some retirees report keeping 5yr of living expenses in cash equivalents (1yr) and safer bond/stable value funds (4yrs) to avoid the Sequence of Return Risk (retirees forced to sell equities during a down market). Assume markets recover within 4yrs of crash. Recal...
by dratkinson
Wed May 16, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Ratio of car repair cost to car's value?
Replies: 17
Views: 1452

Re: Ratio of car repair cost to car's value?

If I really liked the car, I wouldn't bother calculating anything. I would just get the car fixed. If it was just another vehicle to me, I sell it when the cost to fix is more than the car is worth, even if it is just new tires. I figure $1,000 is about 4 months of car payments for me and then acco...
by dratkinson
Mon May 14, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Subaru Crosstrek vs Outback
Replies: 32
Views: 2459

Re: Subaru Crosstrek vs Outback

BH Subaru Crosstrek vs Outback Whichever vehicles you rent to test or buy to own, ensure you read the owner's manual section on engine/compression braking. Why? You should use engine braking coming down the mountains, not your service brake. Why? If you use only the service brake coming down the mou...
by dratkinson
Mon May 14, 2018 5:51 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 11571

Re: The front page is ugly

i dislike the front page because it is pretty useless to me. I mostly have to scroll way down to get to the board links. ... After the home page loads, hit the <End> key to be taken immediately to the bottom of the home page---no scrolling required. Easy peasy. Option. I like the BH homepage as it ...
by dratkinson
Sat May 12, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Quest for the perfect online savings bank
Replies: 18
Views: 2353

Re: Quest for the perfect online savings bank

BH Quest for the perfect online savings bank I had to roll-my-own to get the banking relationship(s) I wanted. My current banking relationships. --Earns 2%/yr tax-free on 1yr of living expenses kept in checking, savings, mmkt. --Local B&M with several thousand nationwide walk-in locations and free A...
by dratkinson
Sat May 12, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Is it possible to automatically use short-term (13-26 weeks) treasury bills to buy I Bonds upon maturity?
Replies: 3
Views: 341

Re: Is it possible to automatically use short-term (13-26 weeks) treasury bills to buy I Bonds upon maturity?

BH Is it possible to automatically use ST T-bills to buy I bonds upon maturity You can do anything with the T-bill proceeds that you like. Even buy I bonds. But I'm ignorant of any automated procedure to do so. If you are looking for a way around the saving bond annual purchase limit, then I know of...
by dratkinson
Fri May 11, 2018 7:25 pm
Forum: Personal Consumer Issues
Topic: Lifting Heavy Objects onto a Vehicle Cargo Tray; Need Ideas!
Replies: 30
Views: 2377

Re: Lifting Heavy Objects onto a Vehicle Cargo Tray; Need Ideas!

I like the idea of adding a hand winch to your existing hand truck. A hand winch should be cheap to buy. And relatively easy to attach it to the top of your hand truck. For ideas of final product, see hand truck winch: http://www.google.com/search?q=hand+truck+winch&newwindow=1&tbm=isch The problem ...
by dratkinson
Fri May 11, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do to lower our oversized emergency fund?
Replies: 35
Views: 3422

Re: What would you do to lower our oversized emergency fund?

Max your annual contributions to your tax-advantaged retirement space. Your retired self will thank you. Keep all Roth accounts for retirement. Your retired self will thank you. If you begin taxable investing.... Start with the bond fund. It's safer than equities so performs double-duty as an extend...
by dratkinson
Thu May 10, 2018 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: LT Muni Bonds: buy and sell anytime? Rookie.
Replies: 11
Views: 810

Re: LT Muni Bonds: buy and sell anytime? Rookie.

The short answer. You can buy a bond fund at anytime and sell it at anytime. But since the price fluctuates inversely to interest rate, you could gain or lose money on the sale. You can also lose money on the purchase if your intended need for the fund principle and the fund's duration don't match. ...
by dratkinson
Wed May 09, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18177

Re: Ed. Jones rep didn't like our plan, now we're locked out

... I am not an attorney, but that FA's shenanigans seems very much like embezzlement to me, even before he was told to stop the churning... and more so after being told and not changing the thievery. +1. But I'm not a stakeholder so have no say in the matter, so better to remain silent and ignore ...
by dratkinson
Wed May 09, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investment Plan
Replies: 24
Views: 2501

Re: Emergency Fund Investment Plan

My abbreviated answer. I bonds mature at 30-years so if not used for an emergency, then you will be redeeming them at age 63, before you retire, and paying tax on them at your highest fed tax rate. At your assumed higher tax rate, an intermediate-term national municipal bond fund might work well as ...
by dratkinson
Wed May 09, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to simplify portfolio?
Replies: 7
Views: 672

Re: Best way to simplify portfolio?

Since you are considering restructuring all of your investments, you need to have your total financial situation reviewed. To do that, please edit your OP (original post, original poster) to include all of the information requested in the sticky "Asking Portfolio Questions". Please keep the same for...
by dratkinson
Wed May 09, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Ed. Jones rep didn't like our plan, now we're locked out
Replies: 152
Views: 18177

Re: Ed. Jones rep didn't like our plan, now we're locked out

... Our (older) neighbor moved to them from a "terrible advisor" (can't imagine how bad that one must have been) It's taking all I have to keep my mouth shut and poking in where i am not wanted but it's intensely irritating as I'm sure she is paying all the same fees... When I found the BH way, I t...