Search found 5628 matches

by bertilak
Mon Nov 20, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 216
Views: 12073

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Ramsey's advice is like "Don't use power tools. You might hurt yourself."
by bertilak
Mon Nov 20, 2017 1:16 pm
Forum: Investing - Theory, News & General
Topic: Is investing with Vanguard a tragedy of the commons?
Replies: 41
Views: 4493

Re: Is investing with Vanguard a tragedy of the commons?

In the case of Vanguard or more particularly index funds, the common resource is the price discovery mechanism of the stock market. A few economic actors bear the cost of developing accurate fundamental prices for individual securities, and index investors benefit from this price development withou...
by bertilak
Sun Nov 19, 2017 11:26 pm
Forum: Personal Consumer Issues
Topic: Crashplan for Home ending service late 2018
Replies: 100
Views: 8514

Re: Crashplan for Home ending service late 2018

Hmm. Well, I haven't actually tried it so maybe they left the configuration dialog in by mistake and the actual support isn't there.
by bertilak
Sun Nov 19, 2017 8:17 pm
Forum: Personal Consumer Issues
Topic: Crashplan for Home ending service late 2018
Replies: 100
Views: 8514

Re: Crashplan for Home ending service late 2018

If you don't want to put any data online, CrashPlan can use an attached hard drive as a target backup destination, or even a hard drive on another computer anywhere in the world that is also running CrashPlan. Backing up to another computer is only available in Crashplan for Home, which is being di...
by bertilak
Sun Nov 19, 2017 1:10 pm
Forum: Personal Consumer Issues
Topic: Your favorite Costco wines?
Replies: 30
Views: 2607

Re: Your favorite Costco wines?

We have had quite a few Costco (aka Kirkland) wines. They have all been quit good. My wife used to represent a wine and liquor distributor who supplied some high-end establishments in NYC and she seems to be happy with Kirkland wines. I don't think we ever spent over $30 at Costco. For a bottle of w...
by bertilak
Sun Nov 19, 2017 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund in a ROTH
Replies: 28
Views: 2172

Re: Bond fund in a ROTH

Are there situations when it makes sense to hold a bond fund in a ROTH IRA? Appreciate any thoughts. If you have a Roth IRA, a traditional IRA and a taxable account, which one, in the long run, would you like to see have the most money in it? I would go for the Roth, but I don't think that means yo...
by bertilak
Sun Nov 19, 2017 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3316

Re: Do you include the sale of your home as part of your retirement planning?

But I absolutely view the home equity as part of the solution for long term care; e.g. I move to something like assisted living, and use sale proceeds of house to fund it. So, do I have LTC insurance? Sort of -- equity in the house would pay for about four years of assisted living in my area. Depen...
by bertilak
Sun Nov 19, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: Crashplan for Home ending service late 2018
Replies: 100
Views: 8514

Re: Crashplan for Home ending service late 2018

Any updates on this thread? What are the suggestions for a Luddite? I have 57 GB of data, and could get that down to under 50 GB if needed, all on one computer. My current backup plan is an approx monthly manual copy of the content of my computer to a separate hard drive kept in a safe. It has the ...
by bertilak
Sat Nov 18, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall and advice
Replies: 52
Views: 4695

Re: Windfall and advice

There's nothing wrong with having an advisor with a low expense indexing philosophy to get you started and help you set up a plan, and then beginning to manage the portfolio yourself. Well, if said advisor puts you in funds that require an advisor, such as DFA, hard to get away from said advisor wi...
by bertilak
Sat Nov 18, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall and advice
Replies: 52
Views: 4695

Re: Windfall and advice

There's nothing wrong with having an advisor with a low expense indexing philosophy to get you started and help you set up a plan, and then beginning to manage the portfolio yourself. Well, if said advisor puts you in funds that require an advisor, such as DFA, hard to get away from said advisor wi...
by bertilak
Sat Nov 18, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3316

Re: Do you include the sale of your home as part of your retirement planning?

Somehow, the cost of providing place to live needs to be accounted for. I have no plans to sell but if I did I would think of things as I always have: Will my assets provide enough cash flow to meet my wants and needs? I would reassess my new (proposed) situation and reallocate as needed, likely mov...
by bertilak
Thu Nov 16, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Retirement withdrawals - lump sums or piecemeal?
Replies: 4
Views: 520

Re: Retirement withdrawals - lump sums or piecemeal?

How do you take your withdrawals? If you operate on on X$ per year, do you take it all out in one fell swoop or do you take it out as needed? What are your mechanics of that considering that it takes maybe a week to actually get the money where you can access it. It seems sometimes that withdrawal ...
by bertilak
Thu Nov 16, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: reached 54K IRS limit, now will miss employer match, what to do
Replies: 19
Views: 1067

Re: reached 54K IRS limit, now will miss employer match, what to do

I didn't plan correctly. I reached the IRS limit of 54k. I over saved too much in my 401k. Now I will miss the employer match in next couple of paycheck. What can I do? My employer, before I retired, had a payroll deduction plan I could sign up for that calculated the optimal withdrawal amount. You...
by bertilak
Wed Nov 15, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's the point of auto loan pre-approvals?
Replies: 12
Views: 1093

Re: What's the point of auto loan pre-approvals?

Most credit unions post their rates right on their web page. Not exactly .. Most credit unions now use "risk based pricing" for most non-real estate (such as auto) loans and the rate depends on things like credit score, debt to income ratio, etc. The web sites for such credit unions usually cite ra...
by bertilak
Wed Nov 15, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: What's the point of auto loan pre-approvals?
Replies: 12
Views: 1093

Re: What's the point of auto loan pre-approvals?

I have never bothered to get a pre-approved loan. Most credit unions post their rates right on their web page. My typical car buying experience is to shop and negotiate the car's price and any trade-in I have. The final step is shopping for loan rate. Usually my dealer (it's been VW for a number of ...
by bertilak
Tue Nov 14, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth starting investing if 7-8 years from retirement?
Replies: 22
Views: 2459

Re: Is it worth starting investing if 7-8 years from retirement?

Their investment portfolio will serve them not only from now up to the point of retirement but will serve them through many (we hope) years IN retirement.
by bertilak
Tue Nov 14, 2017 10:43 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a 'chaotic system' that could be dangerous?
Replies: 20
Views: 1758

Re: Passive investing is a 'chaotic system' that could be dangerous?

avalpert wrote:
Tue Nov 14, 2017 10:38 am
Beyond that, this whining angle of attack on passive investing is getting old.
Even if it was all TRUE, why is it my responsibility to regulate the markets? Even if it WAS my responsibility I'm sure I would be really bad at it and mess things up, so leave me out of it.
by bertilak
Tue Nov 14, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: "A Case Against Over Weighting International Equity"
Replies: 11
Views: 1432

Re: "A Case Against Over Weighting International Equity"

I'm a bit confused here. I thought this forum promotes buy and hold as opposed to market timing. I'm seeing a lot of threads and comments from members here this year stating that they modified their asset allocation to hold more international equities due to high P/E's in the US market. I wonder if...
by bertilak
Tue Nov 14, 2017 10:23 am
Forum: Investing - Theory, News & General
Topic: Passive investing is a 'chaotic system' that could be dangerous?
Replies: 20
Views: 1758

Re: Passive investing is a 'chaotic system' that could be dangerous?

I partly agree. Part of the reason why markets are efficient in terms of pricing is *because* there are people who speculate one way or another. No one is suggesting that everyone be required to invest only in index funds. (If they were so required there would be no indexes, or at least no meaningf...
by bertilak
Tue Nov 14, 2017 7:07 am
Forum: Investing - Help with Personal Investments
Topic: problem new Vanguard Global Wellington fund
Replies: 29
Views: 1894

Re: problem new Vanguard Global Wellington fund

my name wrote:
Tue Nov 14, 2017 6:48 am
The prospectus is just strategy and objectives.
Is this what you are looking for?
https://personal.vanguard.com/us/funds/ ... IntExt=INT
by bertilak
Sun Nov 12, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6242

Re: Isn't it safer to not sign Credit card?

However if you are from the US ... then here no one ever verified my own signature from the card and the receipt - not ONCE. Have you ever used a credit card at the US Post Office? They have a policy that you MUST have a signed card. I have only one signed card, one I used it at the Post Office. I ...
by bertilak
Sun Nov 12, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1639

Re: Windows 10 System image on USB flash drive

Finding the proper BIOS settings to get it to boot from USB was a bit tricky. For those who care (that would be those with Samsung laptops or ultra books) I needed to set the BIOS to: Pressing F2 at the very beginning of the boot gets you to the BIOS settings. Disable fast BIOS mode. Otherwise it w...
by bertilak
Sun Nov 12, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1639

Re: Windows 10 System image on USB flash drive

Thank. Looks like a Recovery flash drive is not what I was looking for. I want to take a snapshot of the currently installed system that can then be re-installed after something "bad" happens and, perhaps, the system won't even boot. I don't want to restore it back to the day I got it, although tha...
by bertilak
Sun Nov 12, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1639

Re: Windows 10 System image on USB flash drive

All new PCs come with a hidden partition on the hard drive called Recovery. Using the manufacturer's software you can create on 16 GB or bigger USB flash drive a recovery flash drive. The contents is Windows and Windows only on the date of manufacture. Any subsequent Windows updates are not include...
by bertilak
Sun Nov 12, 2017 5:42 am
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1639

Re: Windows 10 System image on USB flash drive

I created a "Recovery" USB flash drive using Control Panel. Took up 9.11 GB of 16 GB. Did not try to create a whole system image. I also back up all my data using a 2 TB Seagate "Slim" external drive. These precautions help me sleep well at night. I am unsure of what a recover disk actually is. Wha...
by bertilak
Sat Nov 11, 2017 9:05 pm
Forum: Personal Consumer Issues
Topic: Windows 10 System image on USB flash drive
Replies: 27
Views: 1639

Windows 10 System image on USB flash drive

I want to create a restore-able Win10 system image on a flash drive. Despite the system image tools that come with Win10 this is apparently impossible. There are MANY places on the internet where people ask how to make this work and NONE of the answers work for me, nor anybody else for that matter d...
by bertilak
Sat Nov 11, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: What do people mean when they say their SWR is X% or they have X times expenses?
Replies: 27
Views: 2076

Re: What do people mean when they say their SWR is X% or they have X times expenses?

I do not understand the above answers to the question. The "S" in "SWR" means "Safe." The SAFE withdrawal rate does not depend on the NEEDED withdrawal rate, which most of the above answers seem to be talking about. Safety depends on how that money is invested (stocks, bonds, tulip bulbs?) and assum...
by bertilak
Fri Nov 10, 2017 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for a surviving spouse's income
Replies: 16
Views: 1648

Re: Planning for a surviving spouse's income

I've been reviewing our income streams and portfolio allocation with a view toward ensuring things are organized and allocated to put my wife in the best possible position if/when she is on her own. I went through the EXACT same considerations a year or so ago. I decided I needed to account for the...
by bertilak
Thu Nov 09, 2017 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 798

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

Regarding: "Vanguard Total Bond Market Index Inv (VBMFX) ER 0.15%, turnover 00%" If you look at the prospectus you will see the VBMFX turnover rate is 61%. https://personal.vanguard.com/pub/Pdf/sp84.pdf?2210120577 An interesting discussion about this from Morningstar: Bond Fund Turnover: Why So Hig...
by bertilak
Wed Nov 08, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund question - active vs. managed (VBMFX vs. PICYX)
Replies: 16
Views: 798

Re: Bond Fund question - active vs. managed (VBMFX vs. PICYX)

Factors I would consider:
  • Expense ratio
  • Turnover
  • Average duration
  • Diversification (number and type of bonds)
by bertilak
Wed Nov 08, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Teaching an old dog some tricks
Replies: 14
Views: 1615

Re: Teaching an old dog some tricks

All the above is great input but I want to add one thing: There is no rush. Don't succumb to the anxiety of inaction. The money is safe where it is so don't think you need to "do something" immediately! You have the luxury of taking your time to do the right thing. You want to get to the point where...
by bertilak
Tue Nov 07, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

It is an interesting approach, sort of an ad and financial planning tool in one. I've noticed this phrase a lot on the Vanguard website and in ads: "Investors who stay the course tend to keep more of their returns." Do you think that is a coincidence or a reaction to that phrase being used so much ...
by bertilak
Tue Nov 07, 2017 12:23 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

Catchy yes, but too distracting. After seeing the advertisement I remember the graphics more then the message. Not useful. Good luck. They don't care if you remember the surface message, but they want you to remember the deep message "Vanguard is cool and, with their help, you can do it!" I think t...
by bertilak
Tue Nov 07, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2648
Views: 849695

Re: What Book Are You Currently Reading? Part VI

Sandtrap wrote:
Tue Nov 07, 2017 10:13 am
Am I the only one that notices this?
Absolutely not.
by bertilak
Tue Nov 07, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

Catchy yes, but too distracting. After seeing the advertisement I remember the graphics more then the message. Not useful. Good luck. They don't care if you remember the surface message, but they want you to remember the deep message "Vanguard is cool and, with their help, you can do it!" I think t...
by bertilak
Tue Nov 07, 2017 6:55 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

JoMoney wrote:
Tue Nov 07, 2017 6:37 am
A 5% chance of a 2008-2009 maybe... but based on the figure I put in, it would be even more severe, and they're claiming a 95%+ chance of that.... without even knowing what it was invested in. Look out! :shock:
Thus my "perhaps."
by bertilak
Tue Nov 07, 2017 6:32 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9343

Re: "$1 Million is Closer Than You Think"

An innovative and, I believe, effective advertisement! I think it deserves a sub-title: $1 Million isn't as much as you think! A million used to be a LOT of money -- yacht-buying territory. Now its is ALMOST enough to retire on. I input a 7 figure number and it told me I had a 95% chance of having $...
by bertilak
Sun Nov 05, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Does Blackrock think it's all a game?
Replies: 33
Views: 4729

Re: Does Blackrock think it's all a game?

My own answers... Is this an insult to Millennials? Perhaps unwittingly. Is this left over from April 1? Didn't think so. Did I miss a smiley? Didn't think so. Does this give you a lot of faith in Blackrock? No. Seems the Blackrock executive thinks like a carnival barker. That's not someone I want ...
by bertilak
Sun Nov 05, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 246
Views: 20609

Re: Excel Macro using Yahoo Finance- not working

I gave up on YAHOO. My replacement follows. I rewrote my spreadsheet to use CSV data downloaded directly from Vanguard's web page. This is fine if all, or nearly all, of your investments are in Vanguard, or some other institution that allows a similar download. Turns out the modification to my sprea...
by bertilak
Sun Nov 05, 2017 5:57 am
Forum: Investing - Theory, News & General
Topic: Does Blackrock think it's all a game?
Replies: 33
Views: 4729

Does Blackrock think it's all a game?

See: Investing should be more like a video game to attract millennials.

Is this an insult to Millennials?
Is this left over from April 1?
Did I miss a smiley?
Does this give you a lot of faith in Blackrock?
by bertilak
Thu Nov 02, 2017 8:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or not to Avatar . . how did you choose or not choose?
Replies: 115
Views: 5196

Re: To Avatar or not to Avatar . . how did you choose or not choose?

If I was going to have an avatar, it would make the most sense if it were a Goldfinch. If I find a nice picture someday and figure out how to upload it I will try to do it. :happy Download this: http://i1251.photobucket.com/albums/hh541/bertilak/gf100_zps8khojhdk.jpg It is 100x100 and under 8K byte...
by bertilak
Wed Nov 01, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to Escape from Quicken Island ...
Replies: 66
Views: 6030

Re: Unable to Escape from Quicken Island ...

What exactly are the benefits of using Quicken over free tools that are available online??? You answer your own question with a single letter in the question itself: The final letter "s" on the word "tools." With Quicken everything is all in one place. No need to crank up a bunch of different tools...
by bertilak
Tue Oct 31, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 116
Views: 12520

Re: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series

I assume "Funded Ratio" refers to working back mathematically to determine the amount of resources that are needed to have been accumulated to produce/support a desired amount of income reliably? The funded ratio is a metric that can be used to monitor your retirement investment plan. It is simply ...
by bertilak
Tue Oct 31, 2017 11:36 am
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or not to Avatar . . how did you choose or not choose?
Replies: 115
Views: 5196

Re: To Avatar or not to Avatar . . how did you choose or not choose?

I ran across some H.L.Mencken writing that I liked then picked up Mencken's own selecton of his works ( A Mencken Chrestomathy ). It was a fun read so I decided to change my earlier avatar to the current Mencken photo. I have been tempted to change it as I come across other possibilities but my Bogl...
by bertilak
Tue Oct 31, 2017 6:31 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3055
Views: 902578

Re: What Movie Have You Recently Watched?

Father Brown , on Netflix. This is a BBC series of almost movie length 40 minute shows based on a G. K. Chesterton character, a Catholic Priest in a small English village who has a knack for investigating murders, kidnappings, art thefts, etc. We are no yet done, but the series is great so far. The...
by bertilak
Mon Oct 30, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Bond records at Vanguard
Replies: 4
Views: 606

Re: Bond records at Vanguard

UPDATE: I believe that what's going on with this bond is NOT a bond being called. My understanding is that this is what is termed a "factor bond" and I believe that means there have been (and will be) returns of capital. I'm guessing that happens as part of dividend payments. Quicken has a transacti...
by bertilak
Mon Oct 30, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: Windows 10 - Fall Creator's Update - Ransomeware
Replies: 25
Views: 4112

Re: Windows 10 - Fall Creator's Update - Ransomeware

I still think the best defense against ransom ware is a robust back up system with versioning and good computing hygiene. That's my solution. Nearly ALL data corruption (or loss) is due to user error and versioning is the solution to that, even without the ransomware threat. I have always rejected ...
by bertilak
Mon Oct 30, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: How do I invest in a vanguard trust
Replies: 10
Views: 669

Re: How do I invest in a vanguard trust

barnaclebob wrote:
Mon Oct 30, 2017 9:34 am
My guess is that this trust is not available to retail investors and you'll have to just invest in admiral shares like the rest of us pheasants.
Would that be wringed-neck pheasants?
by bertilak
Sun Oct 29, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 8
Views: 901

Re: Dividends

Does vanguard charge for using the dividends from on fund to buy another fund? I understand I could re-balance but essentially isn't that what I am doing with the dividends from VTSAX? When a fund pays a dividend you have two choices: automatically reinvest it (in the same fund) or take it as cash....
by bertilak
Sun Oct 29, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 8
Views: 901

Re: Dividends

I currently have a ROTH IRA with Vanguard. The money is divided into three funds: VSTAX, VGTSX and VBMFX. My asset mix has grown to 86.1% stocks and 13.9% bonds. My target was to keep it at 80% stocks and 20% bonds. I am 47 years old. Should I use the dividends from the VSTAX, roughly $60+ every 3 ...