Search found 154 matches

by goshenBogle
Tue Dec 29, 2020 2:34 pm
Forum: Investing - Theory, News & General
Topic: Secure Act & IRS Lifetime Table for RMDs
Replies: 9
Views: 972

Re: Secure Act & IRS Lifetime Table for RMDs

I appreciate the information - thank you.

However I was not asking about the changes that take place in 2022. I was asking about the SECURE ACT which is in place now.

But thanks anyway.
by goshenBogle
Mon Dec 28, 2020 11:29 am
Forum: Investing - Theory, News & General
Topic: Secure Act & IRS Lifetime Table for RMDs
Replies: 9
Views: 972

Re: Secure Act & IRS Lifetime Table for RMDs

bsteiner wrote: Mon Dec 28, 2020 10:46 am No. When the new tables take effect, they take effect for everyone.
I think that is not correct. I started RMDs 2 years ago. Are you saying that my Lifetime table will change?
by goshenBogle
Mon Dec 28, 2020 10:37 am
Forum: Investing - Theory, News & General
Topic: Secure Act & IRS Lifetime Table for RMDs
Replies: 9
Views: 972

Secure Act & IRS Lifetime Table for RMDs

I want to ensure my understanding on how to apply the IRS Lifetime Table for RMDs under the SECURE Act. Please tell me if the following is correct. For those individuals who do NOT fall under the Secure Act, the lifetime table starts as: Age Divisor 70 27.4 71 26.5 72 25.5 etc.... For those individu...
by goshenBogle
Tue Nov 17, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need to set aside cash for an emergency fund?
Replies: 13
Views: 944

Do we need to set aside cash for an emergency fund?

We are retired, early 70's. Have a $5 million portfolio - 40% stock / 60% bond, all in mutual funds. We meet yearly expenses with social security + approximately $30,000 from the portfolio. Given the size of our portfolio and how little we take out each year, what should our strategy be for an emerg...
by goshenBogle
Sat Oct 24, 2020 2:26 pm
Forum: Personal Consumer Issues
Topic: Kayakers & Fishermen
Replies: 7
Views: 994

Re: Kayakers & Fishermen

Oh good grief. I forgot that I had posted on this subject earlier this year.

On the positive side, the vast majority of fishermen are quite courteous and friendly. Just a few who are perhaps sad and take it out on others.

I'll just stay far away from fishermen on the shores of the lake.
by goshenBogle
Thu Oct 22, 2020 7:00 pm
Forum: Personal Consumer Issues
Topic: Kayakers & Fishermen
Replies: 7
Views: 994

Kayakers & Fishermen

I would appreciate input from fishermen. I kayak on a very large lake in my town. I like to paddle near the shore. When I see fishermen on the shore, I paddle away from shore to avoid going over their lines. Today I had a fishermen get mad at me because I went over his lines. I was approx. 150 feet ...
by goshenBogle
Tue Sep 01, 2020 6:45 am
Forum: Investing - Theory, News & General
Topic: Best place to place cash given low yields of MM funds?
Replies: 7
Views: 1394

Re: Best place to place cash given low yields of MM funds?

Let me add this: We tried to open HYS account at 3 online banks. Did not work. All 3 wanted to verify our phone number (we gave them landline & cell) so that they could verify that our name was linked to the phone number. They were unable to do so even though our phone companies told us that the...
by goshenBogle
Mon Aug 31, 2020 3:44 pm
Forum: Investing - Theory, News & General
Topic: Best place to place cash given low yields of MM funds?
Replies: 7
Views: 1394

Best place to place cash given low yields of MM funds?

The yields of MM funds are so low they are effectively zero. We currently have money in Vanguard Prime MM. But with the change that Vanguard is making to the Prime, we are questioning why have any money in a MM fund. Why do we need the MM fund? We have a checking account with enough cash to pay bill...
by goshenBogle
Fri Aug 28, 2020 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Synchrony bank - could not open account due to unknown phone number
Replies: 6
Views: 592

Re: Synchrony bank - could not open account due to unknown phone number

Does anyone know if there Is a way to get my MVNO phone compnay (Pioneer Telephone) to register my phone number?

I sent them email - don't know if that will work.
by goshenBogle
Fri Aug 28, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony bank - could not open account due to unknown phone number
Replies: 6
Views: 592

Synchrony bank - could not open account due to unknown phone number

We went through the online process with Synchrony to create a savings account. At the end of the process, Synchrony is to send a pass code to our phone. But the phone number they had was discontinued 4 years ago. When we called them and gave them our landline number - which uses VOIP - and our Tracf...
by goshenBogle
Thu Aug 27, 2020 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing an online bank - How to factor in customer service?
Replies: 17
Views: 742

Choosing an online bank - How to factor in customer service?

In choosing an online bank for a savings account, I am considering the following attributes: savings account rates web site organization, completeness, ease of use does not require username / password for another financial institution in order to transfer funds no monthly fees (ok if this requires a...
by goshenBogle
Wed Aug 26, 2020 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Online bank - did you review bank financials before choosing?
Replies: 12
Views: 928

Online bank - did you review bank financials before choosing?

I am curious if folks who use an online bank reviewed the bank's financials (for example, you can find info at FDIC website) prior to choosing a bank. What process did you follow to choose your bank? Did you even care about financials, how large the bank, how many customers, etc?
by goshenBogle
Fri Aug 21, 2020 1:30 pm
Forum: Personal Consumer Issues
Topic: Vacationing safely in the era of Covid - How did you do it?
Replies: 124
Views: 9905

Vacationing safely in the era of Covid - How did you do it?

We would like to spend a week or so at the beach this fall staying in a hotel or rented house (no RV). But we are concerned about how to be virus safe. There is information online about this situation. However I would like to hear from folks who have vacationed safely and what they did to be safe. H...
by goshenBogle
Wed Aug 12, 2020 8:12 am
Forum: Personal Consumer Issues
Topic: Ergonomic keyboard suggestion
Replies: 21
Views: 1028

Re: Ergonomic keyboard suggestion

List from Consumer Reports Sept 2020: Kinesis Freestyle2 Kinesis Advantage Quiet LF Microsoft Sculpt Logitect Ergo K860 ** Logitech MK550 ** Adesso Pick-2088 Tru-Form Media ** Microsoft Comfort Desktop 5050 ** Fellowes Microban Split Note: Those keyboards preceeded by ** did not receive a good ergon...
by goshenBogle
Wed Aug 12, 2020 7:42 am
Forum: Personal Consumer Issues
Topic: Ergonomic keyboard suggestion
Replies: 21
Views: 1028

Re: Ergonomic keyboard suggestion

I saw that article. I posted this because in addition to the info in the article, I want to hear from those who have used an ergonomic keyboard for some time so that I can learn from their experience. This would add to what I learn from Consumer Reports.
Thank you.
by goshenBogle
Wed Aug 12, 2020 6:55 am
Forum: Personal Consumer Issues
Topic: Ergonomic keyboard suggestion
Replies: 21
Views: 1028

Ergonomic keyboard suggestion

I am looking for a wireless (either USB dongle or bluetooth but not wired) ergonomic keyboard. If you have been using such a keyboard for some time, please let me know what you like about it and how, if at all, it has helped with any finger and/or wrist problems.

Thank you.
by goshenBogle
Tue Jul 28, 2020 2:29 pm
Forum: Personal Investments
Topic: Online banking - Pros & Cons
Replies: 12
Views: 1315

Online banking - Pros & Cons

We have been using Vanguard Prime MM for our cash reserve keeping about $25K in the account. But the current SEC Yield is only 0.11%. So now we are thinking of using an online bank savings account (not checking) for cash reserves. We would still keep a minimum in the Prime ($3K) since that account i...
by goshenBogle
Sun Jul 19, 2020 9:55 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - 12% per year from mutual funds?
Replies: 118
Views: 5340

Re: Dave Ramsey - 12% per year from mutual funds?

My apology - I had noticed previous posts on this subject.

If an administrator reads this, please remove the post. Sorry for cluttering up the forum.
by goshenBogle
Sun Jul 19, 2020 9:52 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - 12% per year from mutual funds?
Replies: 118
Views: 5340

Dave Ramsey - 12% per year from mutual funds?

Listening to Dave Ramsey. A listener called and asked for retirement advice. His answer: Invest in good quality mutual funds where you can "safely" (his word) make 12% per year. You can take out 8% per year and still see your investment grow. WHAT?? Am I missing something? What "safe&...
by goshenBogle
Wed May 06, 2020 11:13 am
Forum: Personal Consumer Issues
Topic: Craigslist - are these scams?
Replies: 49
Views: 3573

Craigslist - are these scams?

I recently listed an item on Craigslist (kayak for $450) & within a few hours received 2 email responses. Do you think these are scame? Is so, what would these folks hope to gain? Here are the 2 responses - let me know what you think. (1) Receive email from a woman with a typical American soundi...
by goshenBogle
Wed Apr 01, 2020 9:55 am
Forum: Investing - Theory, News & General
Topic: Retired - 2020 Estimated tax, Market volatility, IRA Conversions?
Replies: 6
Views: 445

Retired - 2020 Estimated tax, Market volatility, IRA Conversions?

We are retired & had previously calculated our 2020 estimated tax. We use previous years income as a guide. But now that the pandemic is causing markets to drop + RMDs not required for 2020, we have to rethink the estimated tax calculation. Markets & mutual fund dividends for 2020 will be lo...
by goshenBogle
Sun Mar 29, 2020 2:40 pm
Forum: Personal Consumer Issues
Topic: Doctor exam notes often have falsehoods - Wny?
Replies: 9
Views: 1159

Doctor exam notes often have falsehoods - Wny?

After every doctor visit, I get a copy of the doctor's detailed exam notes for my records. In the notes the doctor will list what was examined, their findings, & what was discussed with the patient. Most of the doctor's notes will be correct in terms of what was done & discussed. However inv...
by goshenBogle
Mon Mar 23, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: Our personal financial philosophy
Replies: 1
Views: 465

Our personal financial philosophy

This post is a thank you to all Bogleheads who over the years have taken the time to provide advice, correct mistakes and help folks get over their fear of investing. Personally we owe all of you a huge thanks!!! Some background --- In 2008, we initiated a panic sell as the market was dropping. At t...
by goshenBogle
Sun Mar 22, 2020 7:12 pm
Forum: Personal Consumer Issues
Topic: Heat pump - Minimum outside temp for yearly test & inspection
Replies: 7
Views: 542

Re: Heat pump - Minimum outside temp for yearly test & inspection

Check your CC&Rs. Generally, heating and cooling equipment outside of your unit is the responsibility of the condo association to which you pay monthly dues. Ralph Not true at any condo association in my region. I am responsible for all of my HVAC equipment no matter the location. This is in th...
by goshenBogle
Sat Mar 21, 2020 12:20 pm
Forum: Personal Consumer Issues
Topic: Heat pump - Minimum outside temp for yearly test & inspection
Replies: 7
Views: 542

Heat pump - Minimum outside temp for yearly test & inspection

My condo heat pump compressor is on the building roof. I want to schedule an inspection & testing of the system for both AC & heating. What is the minimum outside temperature that would allow this work to be properly conducted?
Thank you.
by goshenBogle
Wed Mar 18, 2020 11:19 am
Forum: Investing - Theory, News & General
Topic: Vanguard accounts - when updated after market close?
Replies: 5
Views: 458

Re: Vanguard accounts - when updated after market close?

UPDATE:

I asked this question of Vanguard and the answer I received is that accounts are updated between 6PM and 8PM.
by goshenBogle
Tue Mar 17, 2020 4:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard accounts - when updated after market close?
Replies: 5
Views: 458

Vanguard accounts - when updated after market close?

I saw a previous thread that indicated that Vanguard online accounts are updated after market close by 6PM for mutual funds (not ETFs). Is 6PM correct or is the update complete by another time? Can someone point to documentation that defines this time?
Thank you.
by goshenBogle
Mon Feb 10, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs & Secure Act - Confused, Please help
Replies: 2
Views: 355

RMDs & Secure Act - Confused, Please help

I don't know why I am so confused about the new Secure Act for RMDs since all it did was change the start date. In any case, I would appreciate if someone would help me cleanse my brain!! I turn 70 on Dec 14, 2019 & 70 1/2 on June 14, 2020. Under the old rule, I would take my first RMD in 2020, ...
by goshenBogle
Sat Oct 05, 2019 5:27 pm
Forum: Personal Consumer Issues
Topic: Kayaking & Fisherman - What is proper etiquette?
Replies: 33
Views: 4227

Kayaking & Fisherman - What is proper etiquette?

I would appreciate answers from fishermen.... Here is the scenario. Kayaking today on a large lake in my county. Very overcast & cool. I paddled into a cove that was approximately 150 feet wide. A fisherman on shore. I paddled down the middle of the cove. As I passed the fisherman, he yelled out...
by goshenBogle
Sat Aug 24, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4967

Re: Medicare Part D Plan - Input Needed

Our part D plan is with Aetna. We have had other part D plans in the past. Frankly we have found no significant correlation between our experience with customer service & the star ratings reported by Medicare. When we pick a plan, we go to the plan's web site and see how our meds are covered. Th...
by goshenBogle
Tue Aug 13, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Use Vanguard MM Prime for cash rather than local bank?
Replies: 69
Views: 8332

Use Vanguard MM Prime for cash rather than local bank?

We have too much money in our bank's checking accounts that pay little or no interest. We are thinking of minimizing the amounts in these accounts and instead using Vanguard MM Prime to hold cash that we do not need on a day-to-day basis since MM Prime pays 2% or more. The only problem we foresee is...
by goshenBogle
Mon Aug 05, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: How much liability insurance?
Replies: 9
Views: 483

How much liability insurance?

In addition to our home insurance policy, we have an additional $1 million liability policy. Our assets are approximately $4.5 million consisting of our investment portfolio (taxable & non-taxable) + condo. 95% of these assets are in a revocable trust with my wife and I as trustees. So my questi...
by goshenBogle
Sun Jul 14, 2019 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Rebalance portfolio vs Tax bracket & Medicare part B premium
Replies: 13
Views: 921

Re: Rebalance portfolio vs Tax bracket & Medicare part B premium

I clearly did not explain myself well. (A) I do NOT have enough stocks in our retirement accounts that selling the stocks will make any difference to the portfolio stock/bond ratio. (B) I will place my RMDs into a bond fund in my taxable account. But this is not enough to correct the portfolio imbal...
by goshenBogle
Sun Jul 14, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Rebalance portfolio vs Tax bracket & Medicare part B premium
Replies: 13
Views: 921

Rebalance portfolio vs Tax bracket & Medicare part B premium

Having trouble getting my head around what I want to do. Here is the situation: (1) Want to rebalance portfolio to decrease % of stock and increase % of bond. Stock market has increased enough that my stock % has reached my trigger for rebalancing. (2) The only stock I have to sell is in taxable acc...
by goshenBogle
Tue Jul 02, 2019 2:52 pm
Forum: Personal Consumer Issues
Topic: Prescription drugs - how to determine country of origin?
Replies: 25
Views: 2115

Prescription drugs - how to determine country of origin?

Drug companies - both brand and generic - in their FDA application do not have to list the country where the drug is manufactured nor do they have to list the countries where they get the drug ingredients. I asked my pharmacist about my prescriptions and he had no idea how to determine these countri...
by goshenBogle
Fri Jun 28, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: Whirlpool Frig - why wide swings in freezer temp?
Replies: 4
Views: 365

Re: Whirlpool Frig - why wide swings in freezer temp?

How would I know if the defrost cycle is running?

In any case, would we expect the freezer temp to increase to 26 degrees, even if the defrost cycle is running?
by goshenBogle
Fri Jun 28, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Whirlpool Frig - why wide swings in freezer temp?
Replies: 4
Views: 365

Whirlpool Frig - why wide swings in freezer temp?

Whirlpool side-by-side frig model WRS315SNHM00 One year old, still under warranty No ice maker or water dispenser One compressor for both frig & freezer We are seeing wide swings in freezer temps. This has happened more than once. We made sure that the freezer ventilation path behind every shelf...
by goshenBogle
Sun Jun 16, 2019 6:50 pm
Forum: Personal Consumer Issues
Topic: Is it a waste of money having heat pump checked every year?
Replies: 7
Views: 1239

Is it a waste of money having heat pump checked every year?

Live in SW Virginia and have our condo heat pump checked every year. Nothing has ever been found that requred any work by the technician and I am out about $75 to $100. Am I wasting my money or are there reasons why this annual check should be performed?
by goshenBogle
Sun Jun 16, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: User reviews - How do you use them?
Replies: 33
Views: 1598

User reviews - How do you use them?

I rely on user reviews for products, hotels, restaurants, etc. But such reviews can be problematic. I have seen users rave about a restaurant but only rate it a 4 (why not 5?), or misunderstand the rating structure and rate the establishment a 1 when they really meant 5. Then there are the fake revi...
by goshenBogle
Fri May 31, 2019 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Auto insurance - how much "medical expense benefits"?
Replies: 13
Views: 1241

Auto insurance - how much "medical expense benefits"?

Our auto insurance policy has medical expense benefits that "will pay ... medical expense benefits to an 'insured' who sustains 'bodily injury' ". An "insured" is any individual in the auto at the time of the accident. We had $50,000 for this benefit. Our insurance agent recommen...
by goshenBogle
Mon Apr 29, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Do insurance cos need SS number to quote auto & home?
Replies: 10
Views: 908

Do insurance cos need SS number to quote auto & home?

Called 2 insurance companies to get quotes for home owners & auto insurance. Both companies want my social security number so they can "pull reports". They both said that I should not worry, that the process is "safe". But I am very wary of handing out my SS #. I declined to ...
by goshenBogle
Fri Mar 15, 2019 10:32 am
Forum: Personal Consumer Issues
Topic: Fishing Kayak recommendation
Replies: 50
Views: 3168

Re: Fishing Kayak recommendation

I would recommend SeaEagle inflatable kayaks. Take a look at 385fta FastTrack which is designed for fishing. You can get this for around $1000. I have a 385 and I love it. Easy to inflate - takes 10 minutes with a foot pump. No roof rack needed. Folds & fits in my SUV trunk.

David
by goshenBogle
Tue Mar 05, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Estimated tax payments & impact of qualified dividends
Replies: 9
Views: 610

Estimated tax payments & impact of qualified dividends

I make estimated tax payments. Income from SS, dividends and interest. I base the estimated tax payments on previous year's income. Prior to the last estimated tax payment due Jan 15, I calculate my tax liability since I now know the actual dividends and interest for the year.The problem is that a s...
by goshenBogle
Tue Mar 05, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: IRS leniency on penalty for withholding
Replies: 6
Views: 806

IRS leniency on penalty for withholding

IRS has announced leniency on assessing penalties for individuals who had tax withheld from paychecks. My case - I am retired and make quarterly tax payments. Does this IRA leniency also apply to individuals making estimated tax payments? If so, should I not pay the penalty I calculated (about $30) ...
by goshenBogle
Mon Feb 11, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house - which scenario make sense?
Replies: 6
Views: 853

Re: Buying house - which scenario make sense?

Thank you all for your input. My decision:
(1) Short term or bridge loan to buy the house. Never thought of this - should work.
(2) No problem for me to own condo and house at same time. In my condo development, most units sell within 2 weeks. There is already a waiting list of buyers.

Thank you all.
by goshenBogle
Mon Feb 11, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Buying house - which scenario make sense?
Replies: 6
Views: 853

Buying house - which scenario make sense?

I am retired, living in condo, looking for single family house. Two scenarios to pay for house: (1) Get a short term mortgage (less than 15 year?), then sell the condo, and use proceeds from condo + part of portfolio (if condo sale < house price) to pay off the mortgage immediately. Thus the mortgag...
by goshenBogle
Wed Jan 23, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: AARP/UHC not offering Medigap plan G to new enrollees
Replies: 10
Views: 646

AARP/UHC not offering Medigap plan G to new enrollees

Interesting that AARP/UHC is not offering plan G to new enrollees - those reaching age 65. I used the web site https://www.medicare.gov/find-a-plan/questions/medigap-home.aspx and tried zip codes from different places in the US to see if there were differences around the country. When you click on t...
by goshenBogle
Fri Sep 14, 2018 8:12 pm
Forum: US Chapters
Topic: Any interest in Roanoke, VA Valley BogleHeads chapter?
Replies: 9
Views: 1917

Re: Ay interest in Roanoke, VA Valley BogleHeads chapter?

No success - no one ever responded. Interested in starting one?
by goshenBogle
Wed Aug 29, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Vanguard 2 factor auth - No longer uses 'secret' questions
Replies: 7
Views: 1503

Re: Vanguard 2 factor auth - No longer uses 'secret' questions

Spoke to my Flagship rep at Vanguard. He said that Vanguard instituted the new methods because many folks have answers to secret questions that could be easily found from social media accounts, online databases, etc. We have nonsense answers to our questions that no one could guess. The problem with...
by goshenBogle
Sun Aug 26, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2 factor auth - No longer uses 'secret' questions
Replies: 7
Views: 1503

Vanguard 2 factor auth - No longer uses 'secret' questions

We activated two factor authentication with our vanguard account. When we logon, we receive a 6 digit code via our landline phone. However we notice that one of three secret questions are no longer asked. Have we just substituted one authenticaion (code via phone) for another (secret questions)? How...