Search found 40 matches

by PaulW
Sun Feb 02, 2020 12:52 pm
Forum: Personal Investments
Topic: Do you feel less willing to contribute as retirement accounts get larger?
Replies: 57
Views: 4363

Re: Do you feel less willing to contribute as retirement accounts get larger?

Although I am retired I still have a part time job. For the past 10 years I have found great pleasure in contributing 100% of my wages to our Roth accounts, even though that contribution increases our Vanguard accounts less than .5% in any year.

PaulW
by PaulW
Sun Dec 15, 2019 12:23 pm
Forum: Investing - Theory, News & General
Topic: Not Experiencing Any Problems With Vanguard
Replies: 90
Views: 6951

Re: Not Experiencing Any Problems With Vanguard

We always appreciate the great service from Vanguard but I guess we have fairly simple needs. The few things we needed such as transferring an inherited IRA, were handled very smoothly. When we want to talk to our Flagship rep when he is not available, we leave a message and a time he can call. He h...
by PaulW
Thu Jul 25, 2019 9:57 am
Forum: Personal Investments
Topic: Who has the best (easiest) Donor Advised Fund
Replies: 57
Views: 3233

Re: Who has the best (easiest) Donor Advised Fund

We have had a Vanguard Donor Advised Fund for 5+ years and find it very easy to use. We had previously used a faith based DAF which was also easy to work with but we changed to Vanguard because of the lower expenses. One issue we had with the Vanguard DAF was not use related. We had a real estate tr...
by PaulW
Sat May 25, 2019 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: PA 529 thoughts
Replies: 13
Views: 1095

Re: PA 529 thoughts

I believe the $15,000 PA deduction is available to the "wife who does not work" if she has income exceeding the amount of the deduction.
PaulW
by PaulW
Fri Mar 15, 2019 9:16 am
Forum: Personal Consumer Issues
Topic: Vacation Home: Own vs. Rent??
Replies: 42
Views: 4307

Re: Vacation Home: Own vs. Rent??

As the owners of a “beach house” for 10+ years, I have a few comments and thoughts from our experience. Our ages are mid 70s. Our vacation home is about 3 hours from our home. This is one of the reasons saved during our working years. 1. We never considered a mortgage. 2. We rent it for the peak sum...
by PaulW
Sat Dec 29, 2018 2:42 pm
Forum: US Chapters
Topic: My favorite Boglehead posters
Replies: 154
Views: 12929

Re: My favorite Boglehead posters

I always enjoy comments by pkcrafter.

A few years ago he posted a booklet he had written, “Road Map for Investing Success”. I don’t know if it is still available but occasionally I will reread it as it helps keep me focused.

PaulW
by PaulW
Wed Dec 28, 2016 9:27 pm
Forum: Investing - Theory, News & General
Topic: How many of you invest 100% at Vanguard?
Replies: 118
Views: 12380

Re: How many of you invest 100% at Vanguard?

100% Vanguard.

Always had good service, never had any of the issues that some posters complain about.

Paul
by PaulW
Tue Apr 26, 2016 7:52 am
Forum: Personal Investments
Topic: any opinions about investment clubs?
Replies: 18
Views: 1980

Re: any opinions about investment clubs?

As a member of an investment club, I am provided an outlet for any inclination to invest in individual stocks. As my investment in the club represents less than 2% of our investable assets, I consider this a social/entertainment activity. The value per share has grown from $10 to $386 the last 48 ye...
by PaulW
Fri Mar 20, 2015 8:09 am
Forum: Investing - Theory, News & General
Topic: An inspiring message for Bogleheads
Replies: 56
Views: 6413

Re: An inspiring message for Bogleheads

To Sharpen and other doubters, I would suggest that there is more than one way to achieve a goal. When my son said that it was too difficult to max out his 401(k) contribution, I proposed taking advantage of the 4 or 5 hours of available overtime each week, with the extra income going to his contrib...
by PaulW
Thu Jan 02, 2014 11:13 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2014 BOGLEHEAD CONTEST
Replies: 537
Views: 33961

Re: REGISTRATION FOR THE 2014 BOGLEHEAD CONTEST

1931.16

(2013 close + 4.5%)
by PaulW
Sun Aug 18, 2013 12:47 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on investment clubs
Replies: 21
Views: 2588

Re: Thoughts on investment clubs

I have been a member of an investment club for nearly 20 years. Although it goes against my Boglehead philosophy, I rationalize it with several arguments. (1) It's a social thing. (2) It satisifies any desire to dabble in individual stocks. (3) It represents less than 1% of our investment assets. Th...
by PaulW
Sat Feb 02, 2013 3:37 pm
Forum: Personal Consumer Issues
Topic: What's your usual retirement day like ?
Replies: 201
Views: 50389

Re: What's your usual retirement day like ?

1. 6:00 to 7:30 AM - go to gym 2. Mornings Mon & Tues - work at part time job Wed - have breakfast with other retirees Thurs - spend time at library Fri - have coffee with friends at McDonalds 3. Afternoons - open, with maybe an hour spent reading on the Bogleheads site. 4. Evenings - during basebal...
by PaulW
Wed Feb 15, 2012 2:44 pm
Forum: Investing - Theory, News & General
Topic: Post your asset allocation here:
Replies: 136
Views: 15052

Re: Post your asset allocation here:

Age 68, married Equities VTSAX Total Stock Market 25% NAESX Small Cap Index 7% VGSLX REIT Index 2% VFWIX FTSE All-World 10% VINEX International Explorer 3% VEMAX Emerging Markets 3% Bonds VFSUX Short term Investmen 20% VWEAX High=Yield Corporate 10% VFIJX GNMA 10% VAIPX Inflation Protect Sec 10%
by PaulW
Wed Dec 14, 2011 3:16 pm
Forum: Personal Consumer Issues
Topic: Cataract diag - let the upsell begin!
Replies: 19
Views: 2600

Re: Cataract diag - let the upsell begin!

In 2007, I received a lens with the name ReSTOR. As I recall, my physician said that he could not tell until beginning the surgery if this lens would be suitable for me. He told me that it would take several months to adapt to it and that I would also need to learn the proper distance for reading. A...
by PaulW
Wed Dec 07, 2011 3:46 pm
Forum: Personal Investments
Topic: Investment Options for Farmer
Replies: 19
Views: 1307

Re: Investment Options for Farmer

As a retired farmerwho is about 10 years older than you parents, I will offer what seemed to work for us. With only 2 employees, I suggested to them that if they could agree to a salary reduction of up to 7.5%, I would put that in a SEP-IRA and match it with an equal amount. They were very happy doi...
by PaulW
Thu Apr 14, 2011 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Should one of my best friends be my accountant?
Replies: 5
Views: 1480

I can not imagine an accountant keeping any clients if information was not kept confidential. As a CPA (now retired), I know that nothing would have gotten a staff person fired quicker than disclosing information about a client.

Paul
by PaulW
Wed Jan 05, 2011 4:26 pm
Forum: Investing - Theory, News & General
Topic: 2011 BOGLEHEAD CONTEST REGISTRATION
Replies: 374
Views: 37929

1353.75
by PaulW
Mon Dec 13, 2010 2:19 pm
Forum: Personal Consumer Issues
Topic: Synagogue Lotto Pool
Replies: 20
Views: 2592

Is this any different than donating appreciated property to a charity? Several years ago we donated a 50% interest in a piece of land to a charity. When it was sold 50% of the proceeds were received by us and that was what was reported on our tax return. In addition, we received a tax deduction for ...
by PaulW
Tue Nov 23, 2010 5:09 pm
Forum: Personal Consumer Issues
Topic: How did you first decide to sign up with Vanguard?
Replies: 91
Views: 10797

Until 1987, I had my IRA in three no-load funds recommended by MONEY magazine. As the balance was growing each year, I realized that I needed to know more than just blindly following a magazines suggestion. Although I found many things confusing and had difficulty in selecting the "best" fund, the o...
by PaulW
Tue Sep 07, 2010 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Do you leave maid tip in a motel?
Replies: 78
Views: 12961

We always leave a tip.

What is the rational for tipping waiters but not housekeeping staff?

Is it that we have verbal contact with waiters but not housekeeping?

Paul
by PaulW
Wed Apr 14, 2010 11:06 am
Forum: Personal Consumer Issues
Topic: Who is your favorite poster!?
Replies: 117
Views: 20541

I have benefited greatly from many on this list, I don't think I am able to decide on a favorite.

Two additional authors on my "must read" list are petrocelli and pkcrafter.

Thanks all for your help.

Paul W
by PaulW
Sun Jan 31, 2010 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Poll] Do you have all your 1099s, W-2s, etc.?
Replies: 71
Views: 15356

Still waiting for K-1.

As a farmer, we are required to file by March 1 rather than April 15. K-1's are always a problem.

Paul W
by PaulW
Mon Jan 04, 2010 4:56 pm
Forum: Personal Consumer Issues
Topic: 2010 BOGLEHEAD CONTEST REGISTRATION
Replies: 284
Views: 34229

1224

..Todays close plus 8% - - 1133 X 108%

This logic seems as good as any

Paul
by PaulW
Thu Nov 12, 2009 12:18 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard so inexpensive?
Replies: 42
Views: 7517

I'm sure that economies of scale are a major reason for it. I am glad that the stadium that the Philadelphia Eagles play in is not the "Vanguard Stadium" and that there is not a "Vanguard Open" golf tournament. Maybe these factors have a minor effect on cost, but I feel better knowing that these cos...
by PaulW
Tue Nov 10, 2009 2:57 pm
Forum: Personal Investments
Topic: Portfolio Suggestions Welcome
Replies: 7
Views: 1686

Many thanks for your comments. Some good suggestions were offered that will cause me to rethink some ideas that I may not have given enough attention.

Paul
by PaulW
Wed Nov 04, 2009 4:16 pm
Forum: Personal Investments
Topic: Portfolio Suggestions Welcome
Replies: 7
Views: 1686

Portfolio Suggestions Welcome

I am recently retired and am taking a closer look at our investment plan as we enter a new stage of life. We would greatly appreciate any comments, suggestions, and/or cautions. Facts of our situation include; Emergency Fund: We have this in CD's. Total would cover about 2 years of living expenses. ...
by PaulW
Wed Sep 23, 2009 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - Spousal Benefits - Another Question
Replies: 24
Views: 4657

What is PAI? I see this in discussions on Social Security but have been unable to find what the initials represent.

Thanks
Paul
by PaulW
Sun Jan 11, 2009 6:49 am
Forum: Personal Consumer Issues
Topic: What is the closest international landmark you live near?
Replies: 136
Views: 20292

I live within sight of Three Mile Island Nuclear Power Plant which became well known in the late 70's. I've survived the experience as have most of my neighbors.

Paul
by PaulW
Tue Jan 06, 2009 5:16 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2009 BOGLEHEADS CONTEST
Replies: 296
Views: 48947

Hope I'm low, but... 998.31
by PaulW
Wed Aug 13, 2008 10:06 am
Forum: Personal Finance (Not Investing)
Topic: How did you build your net worth?
Replies: 102
Views: 24844

While many on this post have suggested avoiding debt, debt can be used as a key for others. I have a simple 3 step plan. 1. Borrow $1,000,000 or more. 2. Invest it in an income producing business or property. 3. Work 24/7 to pay off the loan. That monthly mortgage payment is a motivational tool to k...
by PaulW
Mon Jul 07, 2008 6:26 pm
Forum: US Chapters
Topic: Looking for area chapter. Pennsylvania.............
Replies: 2
Views: 2217

Here is another vote for a central PA Chapter.

PaulW
by PaulW
Tue Apr 10, 2007 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: what is your job/occupation?
Replies: 84
Views: 45620

Retired CPA & farmer.

Now a full time Diehards lurker. One of these days I might even have a worthwhile comment for this board.

Paul
by PaulW
Wed Feb 28, 2007 11:31 am
Forum: Investing - Theory, News & General
Topic: How to become a top Smith Barney producer
Replies: 6
Views: 4223

This is an experience with SB from my pre-Diehard days. As a client with a wrap account, they prepared an investment plan which a included a cash-flow through age 90. I was interested in seeing how it might compare to one I had done as a non-professional. I was surprised to see a significant differe...