Search found 5951 matches

by bertilak
Wed Aug 15, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 51
Views: 1895

Re: Take auto loan 0.9% if I can afford cash?

Toons wrote:
Wed Aug 15, 2018 8:43 am
"Would you take a car loan that you didn’t need?"

No,
Pay cash
move on
Don't think about a loan
Enjoy the new ride
:mrgreen: :mrgreen:
I'm with you on this, with one exception: Often there is a choice between a lower price and cheaper financing. I'd ask about that first.
by bertilak
Wed Aug 15, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: Adult piggy bank
Replies: 43
Views: 2755

Re: Adult piggy bank

The reason there are no adult piggy-banks is because the assumption is that adults don't need the physical crutch to save money for a specific thing. We don't do this separate coin bank for targeted expense/investment for utility bills, lunch money, etc. I'm not the OP, but here goes! My "piggy ban...
by bertilak
Wed Aug 15, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)
Replies: 22
Views: 2157

Re: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)

Fiction: - "The Twelve Chairs" by Ilya Ilf and Evgeny Petrov I saw the Mel Brooks movie. In a theater. Way back then. The only way you could see a movie. I did see it again on DVD, both years later AND years ago! I was somewhat disappointed. It was no Blazing Saddles or Young Frankenstein or High A...
by bertilak
Wed Aug 15, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: Adult piggy bank
Replies: 43
Views: 2755

Re: Adult piggy bank

I use a large, fancy, ceramic beer stein I got as a souvenir on a trip to Germany -- the kind with a pewter lid you open with your thumb. (I never have much change.)
by bertilak
Wed Aug 15, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: Since you would want to eventually reinvest dividends/distros anyways, why wouldn't you make them automatic for TLH?
Replies: 8
Views: 331

Re: Since you would want to eventually reinvest dividends/distros anyways, why wouldn't you make them automatic for TLH?

I think the core thing I'm getting at is: is it even physically possible to avoid a wash sale with manual bookkeeping since you can't let dividends accumulate forever without reinvesting and you also can't predict if a big loss in the future? If you reinvest dividends manually you can time it so it...
by bertilak
Wed Aug 15, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Cash or mortgage for house entering retirement?
Replies: 9
Views: 511

Re: Cash or mortgage for house entering retirement?

All the calculations indicate it is a wash whether we pay $500k cash and have lower expenses or mortgage $400k and carry the payment The improvement in cash flow from paying off the mortgage is guaranteed . It is exactly what you are now paying in principle plus interest. The potential improvement ...
by bertilak
Tue Aug 14, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)
Replies: 22
Views: 2157

Re: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)

Blueskies123 wrote:
Tue Aug 14, 2018 9:33 am
I also do not read fiction anymore with one exception - science fiction.
You're gonna need a bigger scope!
by bertilak
Tue Aug 14, 2018 5:51 am
Forum: Personal Consumer Issues
Topic: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)
Replies: 22
Views: 2157

Re: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)

Three Men on a Boat, by Jerome K Jerome I reviewed this here last year: https://www.bogleheads.org/forum/viewtopic.php?p=3402446#p3402446. I have since finished it and can say it is one of the most pleasant and amusing reads I have experienced. Highly recommended! I would like to have had those thr...
by bertilak
Sun Aug 12, 2018 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Experian email alert! "Your score decreased"
Replies: 25
Views: 2251

Re: Experian email alert! "Your score decreased"

So, I checked my account. Sure enough my FICO score decreased 3 points leaving me at an 815 Exceptional rating. I have no idea why it went down but Experian offers to show me why IF I upgrade to Premium for $24.99 per month. ummm .... no thanks. Fluctuating credit card balances can account for that...
by bertilak
Sun Aug 12, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Please comment on our retirement allocation
Replies: 9
Views: 987

Re: Please comment on our retirement allocation

We are a retired couple - both 73 - with a stable income from SSA and a small pension and no debt other than credit cards paid off each month. Our total investments excluding an emergency fund of 65K in iBonds and 20K cash is 800K. We have a 4-fund portfolio allocated as follows: Vanguard Total Sto...
by bertilak
Fri Aug 10, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8852

Re: Biggest Threats to Financial Well-Being

Sandtrap wrote:
Thu Aug 09, 2018 6:00 pm
Ignorance. Pride. Ego. Gullibility. and other behavioral/lifestyle defects.
I'm toast!

(Partially kidding -- those ARE things to be wary of.)
by bertilak
Fri Aug 10, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund
Replies: 9
Views: 1141

Re: Press Release--Vanguard Continues To Expand Active Fixed Income Offerings With Proposed Global Credit Bond Fund

I thought this new fund was going to be a compliment to Total World stock fund. Why wouldn't they just follow an index instead of actively managing it? I am no expert, but there may be a hint in another thread: Why does TBM have such high turnover? I looked at VBTLX (Total Bond Index) and VBILX (In...
by bertilak
Thu Aug 09, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 768
Views: 82448

Re: [What TV Show Have You Recently Watched?]

Death in Paradise, fans: Season 7 is now on Netflix Woo-hoo! I really like the new guy: Ardal O'Hanlon as DI Jack Mooney. O'Hanlon played Father Dougal McGuire, an outstanding role, on the Father Ted show. One of my favorite little skits was when Father Ted was explaining to Father Dougal the diffe...
by bertilak
Thu Aug 09, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: Two voices in my head
Replies: 36
Views: 2731

Re: Two voices in my head

part of me says: You only got one shot, one life to invest, invest in a broadly diversified index fund and you are guaranteed your fair share and you'll do fine. The other part says: You only got one shot, one life to invest, go for it go all out, take risks (for example high stock AA, investing in...
by bertilak
Mon Aug 06, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Any Experience? - Vanguard Customer Service When Transferring Accounts from Large Brokerage Firm
Replies: 19
Views: 1003

Re: Any Experience? - Vanguard Customer Service When Transferring Accounts from Large Brokerage Firm

I have transferred MANY accounts to Vanguard as I moved my several accounts there and periodically took over management of various older relatives' investment accounts. There were brokerage accounts, IRAs (traditional, Roth and inherited) and a trust. Some of this involved odd-ball assets (e.g. non-...
by bertilak
Mon Aug 06, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: "Dollar Tree Store" favorites
Replies: 84
Views: 6349

Re: "Dollar Store" favorites

mouses wrote:
Mon Aug 06, 2018 2:08 pm
bertilak wrote:
Mon Aug 06, 2018 1:32 pm
Yardley Oatmeal Almond bar soap 12-pack for $12.
Perhaps I will make my first trip to a dollar tree store.
Be warned: I had to order online then pick up at the store a few days later.
by bertilak
Mon Aug 06, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: "Dollar Tree Store" favorites
Replies: 84
Views: 6349

Re: "Dollar Store" favorites

Yardley Oatmeal Almond bar soap 12-pack for $12.

Cost $3 per bar at my local supermarket -- until recently when they cut the price by half. Dollar store is still a better deal but it is inconvenient so I now go for the supermarket deal.
by bertilak
Mon Aug 06, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 768
Views: 82448

Re: [What TV Show Have You Recently Watched?]

One has to suspend disbelief with many TV/movie plots, and I just could not suspend my disbelief that the hotel manager could pull this off (without giving too much away!) I thought Tom Hiddleston was more believable as the Norse god Loki than he was a as a hotel manager turned spy. :| A good show ...
by bertilak
Mon Aug 06, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: What’s your Value Colombian coffee?
Replies: 51
Views: 3180

Re: What’s your Value Colombian coffee?

https://www.coffeeam.com/colombia-supremo-la-valle-verde-gourmet-coffee.html Thanks for the link. Turns out I already had this site bookmarked but forgot all about it. This was a good reminder. A review of the site was encouraging and my supply has dwindled so I ordered a few 1-lb bags! I opted for...
by bertilak
Mon Aug 06, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 23739

Re: most compelling TV character ever

Angel on “The Rockford Files”. The weasel’s weasel. I was just going to say you can'r argue against Walter White but then you come along with Angel! I guess we need to recognize different dimensions of "compelling." Walter and Angel each dominate their dimension. After a bit of thought I think we n...
by bertilak
Sat Aug 04, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: USPS Informed Delivery
Replies: 43
Views: 2990

Re: USPS Informed Delivery

No problem getting signed up. And it's working pretty, maybe even too good. Sold my truck a few weeks ago, and Informed Delivery showed an envelope from my insurance company a few days later. I suspect it was my change of policy notice, but it never got as far as my mailbox. I don't know how the po...
by bertilak
Sat Aug 04, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: Biggest Companies Deserve to be Best?
Replies: 11
Views: 1062

Re: Biggest Companies Deserve to be Best?

My instinct would be to reverse that: "Best companies deserve to be biggest."
by bertilak
Thu Aug 02, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: What’s your Value Colombian coffee?
Replies: 51
Views: 3180

Re: What’s your Value Colombian coffee?

What do you use for a grinder? I too have been put off by the extra work, but if it’s as easy as you say, I might change to beans from ground coffee. Like most things, it depends on how much you want to (or are willing to) spend. Assuming you don't want a manual hand-grinder (to, perhaps, build str...
by bertilak
Thu Aug 02, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: NT
Replies: 20
Views: 1214

Re: Advisor trying to convince me to buy annuities

djpeteski wrote:
Thu Aug 02, 2018 12:26 pm
It doesn't matter to your life what this person thinks of you.
You could be a Nobel laureate and present him with an argument worthy of a second Nobel and the sales person will not think highly of you. The only thing to gain his favor is one simple word: "Yes."
by bertilak
Thu Aug 02, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: NT
Replies: 20
Views: 1214

Re: Advisor trying to convince me to buy annuities

Be polite but firm. The main thing is to clearly and firmly decline the request. The key word is "no." Do not elaborate: don't offer any reasons or explanation for your decision and don't counter any of the points made by the sales person. That all says there is still hope and leaves room for furthe...
by bertilak
Thu Aug 02, 2018 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Beginner investor seeking advice
Replies: 28
Views: 1619

Re: Beginner investor seeking advice

[/quote] Contribute as much into your retirement account as you need to get whatever match you can get at your job. The rest should go towards your student loans. Bogleheads encourage simplicity in investing. We do not think that trying to find and edge in the market is time well spent. Just invest ...
by bertilak
Wed Aug 01, 2018 7:07 pm
Forum: Investing - Theory, News & General
Topic: Total net assets vs total share class assets
Replies: 2
Views: 168

Re: Total net assets vs total share class assets

Outafter20 wrote:
Wed Aug 01, 2018 7:00 pm
Different share classes of each fund (Investor, Admiral, ETF, Institutional). It's how much money is in each share class of the same fund.
AH! got it. I think I used to know that!

I had "asset class" on my mind and that distracted me. Short-circuited a synapse somewhere.
by bertilak
Wed Aug 01, 2018 6:56 pm
Forum: Investing - Theory, News & General
Topic: Total net assets vs total share class assets
Replies: 2
Views: 168

Total net assets vs total share class assets

What is the difference between "Fund total net assets" and "Share class total net assets?" Here is information from Vanguard's web page (https://investor.vanguard.com/mutual-funds/profile/portfolio/vtiax) for Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) Fund total net assets ...
by bertilak
Wed Aug 01, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: What’s your Value Colombian coffee?
Replies: 51
Views: 3180

Re: What’s your Value Colombian coffee?

I doubt any coffee sits on the shelf for two weeks at Costco. At least it is in a sealed bag. At your local shop you may find coffee in bins exposed to light and air. Any place you go you would be hard pressed to find coffee less than two weeks. There is shipment from origin, processing, etcetera t...
by bertilak
Wed Aug 01, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: What’s your Value Colombian coffee?
Replies: 51
Views: 3180

Re: What’s your Value Colombian coffee?

https://www.coffeeam.com/colombia-supremo-la-valle-verde-gourmet-coffee.html Thanks for the link. Turns out I already had this site bookmarked but forgot all about it. This was a good reminder. A review of the site was encouraging and my supply has dwindled so I ordered a few 1-lb bags! I opted for...
by bertilak
Tue Jul 31, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for New Retiree
Replies: 5
Views: 657

Re: Portfolio Review for New Retiree

mpnret wrote:
Tue Jul 31, 2018 7:58 am
We will both start RMDs this year which will provide additional low 6 figure income/yr.
The RMD does not provide any additional income. There is nothing preventing you from simply reinvesting it. You do not need to spend it.

It does COST taxes as IF it were income.
by bertilak
Tue Jul 31, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: Passive Index Investing, A Bubble Bound To Burst?
Replies: 114
Views: 11395

Re: Passive Index Investing, A Bubble Bound To Burst?

Curious to hear thoughts on this article from Seeking Alpha: https://seekingalpha.com/article/4191148-passive-index-investing-bubble-bound-burst Summary In the last decade, trillions of dollars have flown into assets irrespective of both fundamentals and price. Investors are euphoric about passive ...
by bertilak
Mon Jul 30, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 6751

Re: Are Credit Cards Actually Convenient?

We've even been surprised when we call Amex to tell them we'll be traveling, and they tell us some eerie version of "We know!" or almost so. AMEX recently sent me an email (I think it was email and not a call) saying they saw I bought airline tickets and would put me down as being at the destinatio...
by bertilak
Sat Jul 28, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Pension-Lump Sum or Monthly Payments?
Replies: 16
Views: 1567

Re: Pension-Lump Sum or Monthly Payments?

Checking what is available from the retail annuity market is a good way to decide if your pension offer is fair, or a good deal. The bigger question is should you have an annuity at all? I believe the answer is almost always YES. Some sort of annuity is an important part of a complete retirement pla...
by bertilak
Sat Jul 28, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6270

Re: Retirees: how much cash?

For those already retired, how much/what percent of your portfolio is cash (savings, checking, MM, CDs). How do you decide how much is cash? Do you expect to hold more/less as you age? Currently I'm holding ~7%, it seems a tad high. I don't keep a specific cash balance. Quicken shows me 35 days pf ...
by bertilak
Fri Jul 27, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on avoiding taxes when changing investments in a taxable account
Replies: 10
Views: 906

Re: Questions on avoiding taxes when changing investments in a taxable account

arcticpineapplecorp. wrote:
Fri Jul 27, 2018 4:47 pm
I'm surprised you didn't ask Betterment how the transfer will take place. That's the first place I'd start.
This is a tell, don't ask situation.
by bertilak
Fri Jul 27, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Need more excitement
Replies: 48
Views: 4408

Re: Need more excitement

Have you tried bungee jumping? :happy

Not completely a joke. It seems that if you have to get your excitement from investing maybe your focus is a little narrow.
by bertilak
Fri Jul 27, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: Wheres a good store to buy Sports Coats?
Replies: 11
Views: 965

Re: Wheres a good store to buy Sports Coats?

Wheres a good store to buy Sports Coats? I've been happy with Mens' Wearhouse. In the past I have been told Jos. A. Bank is better but I never made it there. Now I understand that MW bought out JAB so probably not much difference -- OR the differences are more obvious if MW's intent is to cover two...
by bertilak
Fri Jul 27, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Conservative asset management during retirement?
Replies: 15
Views: 1528

Re: Conservative asset management during retirement?

If market returns revert to the historical mean, investing your money in the market can lead to REAL losses, just so we are clear here. Someone entering into retirement should realize inflation is NOT the only or primary risk. You can have inflation and real losses at the same time, if there is a s...
by bertilak
Thu Jul 26, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 768
Views: 82448

Re: [What TV Show Have You Recently Watched?]

One has to suspend disbelief with many TV/movie plots, and I just could not suspend my disbelief that the hotel manager could pull this off (without giving too much away!) I thought Tom Hiddleston was more believable as the Norse god Loki than he was a as a hotel manager turned spy. :| A good show ...
by bertilak
Thu Jul 26, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 768
Views: 82448

Re: [What TV Show Have You Recently Watched?]

I did see somewhere that mike actually does get his degree by season 7. Well that sorta blows the whole premise! Now he's just a super-competent lawyer. Kinda like Superman with no Kryptonite, no Clark Kent. I gave up on it a few season's ago when it got real repetitive. Besides, they weren't very ...
by bertilak
Thu Jul 26, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Conservative asset management during retirement?
Replies: 15
Views: 1528

Re: Conservative asset management during retirement?

What is the community's general guideline or recommendations for a conservative (low risk) asset management (all in retirement accounts) strategy when entering retirement at normal age? My focus is on asset protection, with possibly hoping to target ~2% real return over 20 year period. Typically th...
by bertilak
Tue Jul 24, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Cell phone tip: block callers
Replies: 35
Views: 4168

Re: Cell phone tip: block callers

We do not need and do not have smart phones, only Tracfones. I never get phone calls on those, usually they are turned off anyway- once a while I delete all past calls. We are retired. At home on the house phone we know id and number of friendly callers and answer those calls. At night we delete al...
by bertilak
Sun Jul 22, 2018 10:52 pm
Forum: Personal Consumer Issues
Topic: Cell phone tip: block callers
Replies: 35
Views: 4168

Re: Cell phone tip: block callers

Well I'm glad I posted! Lots more and better hints have surfaced.
by bertilak
Sun Jul 22, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Cell phone tip: block callers
Replies: 35
Views: 4168

Cell phone tip: block callers

This may be old news to many of you but I only just learned how to block unwanted callers by number. So, if this is news to you, here is a tip for Galaxy (and perhaps other) phones: When you get an unwanted call, hang up and take a look at the call log. Touch and hold the number. You will get a list...
by bertilak
Sat Jul 21, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor
Replies: 25
Views: 2536

Re: Vanguard Advisor

To be honest, if you look at the Wiki here on the Bogleheads forum, you will get more than the "advisor" will give you. If you are willing to put in some time and learn the basic principles, it is unlikely you'll need a financial advisor unless you have some unique needs. My IPS is not addressed to...
by bertilak
Sun Jul 15, 2018 6:04 am
Forum: Personal Consumer Issues
Topic: How do you back up Quicken?
Replies: 15
Views: 868

Re: How do you back up Quicken?

I'm using Quicken Premier 2017 and my question is regarding backing up the data. When I back up Quicken the backup is labeled "Dan's Quicken Data-2018-7-14.QDF-backup" which resides in My Documents folder. Another file that also appears to be updated/generated at the same time is one labeled Dan's ...
by bertilak
Fri Jul 13, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for Advice on portfolio and PAS
Replies: 7
Views: 703

Re: Looking for Advice on portfolio and PAS

[M]y question is how do you rebalance the portfolio. From my understanding the PAS would do this for you as well as help with any tax-loss harvesting. I believe it is not automatic with Vanguard but is with Schwab, which was one of the reasons I looked at them as well. If I met with the PAS and the...
by bertilak
Mon Jul 09, 2018 6:56 pm
Forum: Personal Consumer Issues
Topic: Amazon won't sell this book to me.
Replies: 68
Views: 8562

Re: Amazon won't sell this book to me.

I joined Prime for the two-day free shipping way back when it was $50!

Prices went up and I hung on mostly from inertia. Then I got hooked on Prime Video streaming and that justified all the price increases.
by bertilak
Mon Jul 09, 2018 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Any Dry Powder Strategies?
Replies: 103
Views: 6120

Re: Any Dry Powder Strategies?

Yeah, but where does that name come from? I'm not American. Some times I'm surprised by American slang. Back in the day (way back) there weren't bullets, each with their own encapsulated gun powder. Guns were primed to shoot by packing powder (hopefully dry!) down the barrel followed by a lead ball...