Search found 2525 matches

by Leif
Sat Apr 20, 2019 11:50 pm
Forum: Personal Consumer Issues
Topic: Apple MacBook Air - what to do next.
Replies: 45
Views: 2480

Re: Apple MacBook Air - what to do next.

A note on my MacBook Pro battery status. The battery is 4.7 years old I have 329 cycles. A cycle is a complete discharge/charge. If you used 10% per time then 10 times would be a complete cycle. It shows my battery health at 93% (that is considered "Good"). It has been around 93% for 4 years. The la...
by Leif
Thu Apr 18, 2019 1:11 pm
Forum: Personal Investments
Topic: Where to hold 2-3 years of living expenses
Replies: 28
Views: 4849

Re: Where to hold 2-3 years of living expenses

I keep about 1 year worth of expenses (less income) in cash (Money Market). I'm retired, but not yet on SS or RMDs. I have a CD ladder that is providing me with cash each year until 70. I expect at 70 to have a small amount of cash since I'll have income taking care of most of my expected expenses. ...
by Leif
Thu Apr 11, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Google sheets not pulling stock prices
Replies: 50
Views: 9636

Re: Google sheets not pulling stock prices

Today I got a result of #N/A FOR VTMSX (Vanguard Tax Managed Small Cap) for goggle sheets function GOOGLEFINANCE("VTMSX","closeyest"). Yesterday it worked fine. My other symbols popped up fine. Anyone else have an issue? Today everything is working. I guess the lesson is if a quote is not working t...
by Leif
Wed Apr 10, 2019 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Google sheets not pulling stock prices
Replies: 50
Views: 9636

Re: Google sheets not pulling stock prices

Today I got a result of #N/A FOR VTMSX (Vanguard Tax Managed Small Cap) for goggle sheets function GOOGLEFINANCE("VTMSX","closeyest"). Yesterday it worked fine. My other symbols popped up fine. Anyone else have an issue?
by Leif
Fri Apr 05, 2019 8:15 am
Forum: Personal Investments
Topic: Retirement Asset Allocation Question
Replies: 18
Views: 1337

Re: Retirement Asset Allocation Question

As I was approaching retirement I thought 30/70 or 40/60 would be good. 30/70 is what Rick Ferri calls the "Center of Gravity" for a retiree. The Center Of Gravity For Retirees Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?" Of course, I’m speaking about the average investo...
by Leif
Thu Mar 28, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 155
Views: 17915

Re: What's your cash position

About 4%. It is a little higher than normal due to a CD which came due. Also higher than in the past since I'm now retired and not yet on Social Security. Should drop to about 3% once I invest the cash from the CD.
by Leif
Tue Jan 15, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Screwed myself on salary negotiations, how do I get past this?
Replies: 25
Views: 2640

Re: Screwed myself on salary negotiations, how do I get past this?

You are not alone. I was an independent contractor at a company. They asked me what I needed to be hired as an employee. I gave them a number. They immediately said yes. I thought wow, I think I just gave them too low a number. The feeling did not last too long. They were pretty generous with raises...
by Leif
Sun Jan 13, 2019 7:42 pm
Forum: Personal Consumer Issues
Topic: ID during International Travel
Replies: 14
Views: 829

Re: ID during International Travel

Clark Howard used to recommend leaving the passport in the safe at the hotel but keeping a paper copy of the passport on you. Now he recommends you just photograph the passport on your phone (but keep the original back in the hotel safe). I have an interesting story. Back in the 80s I traveled over...
by Leif
Sun Jan 13, 2019 4:32 pm
Forum: Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 299
Views: 44888

Re: Vanguard Municipal Money Market VMSXX 1.39%

I received a PM saying that the Google spreadsheet I shared that uses ImportHTML to get the SEC yields was crashing. I checked, and it was working fine for me. A subsequent PM indicated that it was crashing Chrome, but not FireFox (I have been using mostly Firefox lately). I verified that it is cra...
by Leif
Sun Jan 13, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Review after one month with Fidelity Cash Management
Replies: 84
Views: 24708

Re: Review after one month with Fidelity Cash Management

Sorry to bump an old post, but felt it was better on this thread that starting something new. I'm thinking of opening a CMA at Fidelity for consolidation purposes. I have a CMA and a standard brokerage account. There are pluses and minuses with CMA. The core account is FDIC insured. That is good. T...
by Leif
Sat Jan 12, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 36
Views: 3047

Re: Roth conversion

I've started the "mega" (as the OP defined it) conversions. I've estimated my retirement income and calculated my conversion amount for each year to keep me within my tax bracket. I do the conversions quarterly to match my estimated tax payments. I will be converting equities that I want to keep in ...
by Leif
Fri Jan 11, 2019 12:53 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16532

Re: Around 43K in dividends last year - feel good about it ?

Yes, correct. The OP seemingly wants to go from a situation where there is some tax cost to a nirvana where there is no tax cost. As you suggest low turnover index funds are about as tax efficient as it gets, possibly excepting a one-off such as BRK. The only other option I can think of, and keep i...
by Leif
Fri Jan 11, 2019 12:27 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16532

Re: Around 43K in dividends last year - feel good about it ?

Perhaps I don't understand the OPs question, because I sure don't understand many of the responses. The OP has equity in both retirement accounts and taxable. They distribute dividends. $14K of which was in taxable, thus subject to possible taxes. The equity market was down in 2018. Is this all agre...
by Leif
Thu Jan 10, 2019 7:44 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16532

Re: Around 43K in dividends last year - feel good about it ?

I would rather have dividend income, most of which is qualified at 15%, then interest income which is at a higher marginal rate.

2018 was a down year for equities. It happens. But as my CDs come to term I'm buying equities with the portion that I will not be needing for retirement spending.
by Leif
Wed Jan 09, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 137
Views: 7843

Re: BHers, what is your Roth IRA %?

20% of my tax-deferred account [traditional IRA] is in a tax-exempt money market fund. When you originally wrote "tax exempt", did you possibly mean "tax-deferred"? I don't know where the quote came from. Not from me. That would be incredibly stupid to put a tax-exempt money market fund in a tax de...
by Leif
Wed Jan 09, 2019 3:55 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 137
Views: 7843

Re: BHers, what is your Roth IRA %?

I have about 20% of my IRA money in tax exempt. That placement is unnecessary since the money is not taxed while it is in the IRA. When it is withdrawn, it is taxed as ordinary income, not tax-exempt. I suggest putting the tax-exempt funds in your taxable account instead, where the tax-exempt statu...
by Leif
Wed Jan 09, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 137
Views: 7843

Re: BHers, what is your Roth IRA %?

I'm doing Roth conversions on a quarterly basis.

I have about 20% of my IRA money in tax exempt.
by Leif
Tue Jan 08, 2019 4:09 pm
Forum: Personal Investments
Topic: TLH and Roth Conversion
Replies: 6
Views: 281

Re: TLH and Roth Conversion

Nicolas wrote:
Tue Jan 08, 2019 3:07 pm
I sold IJR (iShares Core S&P 600 Small Cap ETF) in my taxable account on December 10 to realize a tax loss. I intend to buy it back on January 11, 31 days later.
32 days. The reason it attracted my attention is I sold on 12/11 for TLH and will buy back on 1/11.
by Leif
Sun Jan 06, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8469

Re: What Do You Spend The Most On Annually?

Retired. I don't keep a detailed list of expenses. But based on my budget with approx. expenses my top 3 are:

1, Taxes
2, Travel
3. Medical insurance
by Leif
Sun Jan 06, 2019 1:42 pm
Forum: Investing - Theory, News & General
Topic: For those retired a few years
Replies: 58
Views: 4930

Re: For those retired a few years

COBRA a big extra expense. But that is just a short term bridge to medicare.

More money spent on travel. I'm planning to go "wild" on that while health allows.

A bit less spent on car insurance and commuting. Overall higher at this point. But switching to medicare from COBRA will be a big help.
by Leif
Fri Jan 04, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 106378

Re: How much money do you want to retire?

At 60 with insurance and enough 25 years of expenses + SS + Pension. How do you determine what is enough for 25 years of expenses? A serious question. Last year * 25 or a more detailed analysis? Every year, we receive spending report from our credit cards. That's our starting point. We add all the ...
by Leif
Wed Jan 02, 2019 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 106378

Re: How much money do you want to retire?

wander wrote:
Wed Jan 02, 2019 6:39 pm
At 60 with insurance and enough 25 years of expenses + SS + Pension.
How do you determine what is enough for 25 years of expenses? A serious question. Last year * 25 or a more detailed analysis?
by Leif
Sun Dec 30, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: Corvette vs Cayman/Boxster......anyone owned both?
Replies: 57
Views: 4690

Re: Corvette vs Cayman/Boxster......anyone owned both?

I've had both. The Corvette a LONG time ago, '84. A lot of fun, but not reliable. I needed to replace the engine. I had the Boxster for 3 years. Reliable, also fun, but not as much fun as the Corvette. I now have a Tesla Model S for 2 years. It has had some reliability problems. As fast as the Boxst...
by Leif
Sat Dec 29, 2018 5:45 pm
Forum: Personal Investments
Topic: Roth conversion. Penalty if withdrawn before 59.5? Suggestions for early retirement.
Replies: 33
Views: 1883

Re: Roth conversion. Penalty if withdrawn before 59.5? Suggestions for early retirement.

........................................ There are two 5 year periods. One for contributions and one for conversions. .............................................................. There is NO 5 yr clock for contributions which may withdrawn at any time w/o tax/penalty. I was just referencing Kitce...
by Leif
Sat Dec 29, 2018 4:48 pm
Forum: Personal Investments
Topic: Roth conversion. Penalty if withdrawn before 59.5? Suggestions for early retirement.
Replies: 33
Views: 1883

Re: Roth conversion. Penalty if withdrawn before 59.5? Suggestions for early retirement.

I like the way Kitces describes it, which I think covers the Note. Linked above and again here. https://www.kitces.com/blog/understanding-the-two-5-year-rules-for-roth-ira-contributions-and-conversions/ There are two 5 year periods. One for contributions and one for individual conversions. Unlike t...
by Leif
Sat Dec 29, 2018 3:54 pm
Forum: Personal Investments
Topic: Roth conversion. Penalty if withdrawn before 59.5? Suggestions for early retirement.
Replies: 33
Views: 1883

Re: Roth conversion. Penalty if withdrawn before 59.5? Suggestions for early retirement.

OVER AGE 59.5 FIVE YEARS OR MORE SINCE OPENING FIRST ROTH IRA All Distributions Are Qualified No Taxes No Penalties Note: The table is not applicable to timely distributions of excess contributions or return of regular contributions. The ordering rules for withdrawals is contributions, conversions ...
by Leif
Sat Dec 29, 2018 12:47 pm
Forum: Personal Investments
Topic: Best place to park funds needed in one year
Replies: 13
Views: 1293

Re: Best place to park funds needed in one year

I assume this is for your taxable account. Given your high tax bracket, location, and timing, I suggest looking at a state MM muni fund. VYFXX is a possibility. 7 day yield is currently 1.59%
by Leif
Sat Dec 29, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10391
Views: 1843628

Re: U.S. stocks in free fall

Doom&Gloom wrote:
Wed Dec 26, 2018 6:22 pm
To paraphrase William Faulkner: The worst is never over. In fact, it isn't even the worst.
D&G,

I agree. To quote myself, "Murphy was a wild-eyed optimist".
by Leif
Tue Dec 25, 2018 10:33 pm
Forum: Personal Investments
Topic: Emergency Fund - Vanguard Prime Money Market, Ultra Short Bond, or ST Investment Grade?
Replies: 13
Views: 1666

Re: Emergency Fund - Vanguard Prime Money Market, Ultra Short Bond, or ST Investment Grade?

Emergency funds are not meant as a vehicle for squeezing every last basis point of interest. You want it as as safe as possible. You already have Prime MM account. I would stay with that.
by Leif
Tue Dec 25, 2018 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed 3% CDs maturing: Thank you Bogleheads
Replies: 22
Views: 3897

Re: PenFed 3% CDs maturing: Thank you Bogleheads

I set up a CD ladder, in my taxable account, about 5 years ago. Penfed 5 Yr. was the first rung of the ladder. As in the OPs case mine are now coming due.

I also need to give a big thanks to the Bogleheads for making me aware of PenFed.
by Leif
Mon Dec 24, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10391
Views: 1843628

Re: U.S. stocks in free fall

motorcyclesarecool wrote:
Mon Dec 24, 2018 11:03 am
Wahoo! I just TLH’d again! Thanks for the vast universe of TLH partners, Vanguard!
I TLH a few weeks ago. The partner is Vanguard Treasury MM. Nice place to wait until the 30 day cooling off period is over. The market has certainly been cooling off.
by Leif
Wed Dec 19, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10391
Views: 1843628

Re: U.S. stocks in free fall

munemaker wrote:
Wed Dec 19, 2018 3:34 pm
Fed took away the punch bowl.
I think they are slowly draining the bowl.
by Leif
Wed Dec 19, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10391
Views: 1843628

Re: U.S. stocks in free fall

It's interesting to see the sharp drop on the Dow with the 1/4 rate increase. Bet was 66% for the increase. I'm surprised the probability got down that low. The predication of 2 more increases for 2019 is lower than previous predication.
by Leif
Tue Dec 18, 2018 11:41 am
Forum: Personal Investments
Topic: IRA RMDs
Replies: 11
Views: 733

Re: IRA RMDs

1. She needs to take an RMD for 2019 (based upon the balance of her IRA on 12/31/2018), and this can be done anytime prior to April 30, 2020 (although when we get together over the holidays we will probably just set it up to come during 2019 and every year afterwards) That is true. However, the sec...
by Leif
Sat Dec 15, 2018 1:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10391
Views: 1843628

Re: U.S. stocks in free fall

It looks like 2018 is shaping up to be my worst year since 2008. I had small (< 1%) losses in 2011 & 2015. Behind the 8 ball is getting additional meaning. Not that once a decade is much to complain about.
by Leif
Mon Dec 10, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Electric bill with LED
Replies: 114
Views: 9011

Re: Electric bill with LED

AC in the summer is my biggest electric bill expense. I noticed a decrease in my bill with going to double pane windows. I replaced my most heavy used lights with LEDs (kitchen/dinning area). Didn't notice much of a change. All depends on your usage. I was surprised to see, in my local Home Depot, t...
by Leif
Sun Dec 09, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: Low need to take risk - decrease allocation to stocks?
Replies: 42
Views: 3314

Re: Stock and Bond Allocation

Taylor Larimore wrote:
Sun Dec 09, 2018 8:37 pm
Money that I cannot afford to lose is in safe fixed-income. The rest is in stocks.
That's the trick, isn't it? Determining money you cannot afford to lose. No way to know the future.
by Leif
Sun Dec 09, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Low need to take risk - decrease allocation to stocks?
Replies: 42
Views: 3314

Re: Low need to take risk - decrease allocation to stocks?

I also have a low need for equity risk. I recently retired. I'm at 50/50 allocation. I was at 70% equity about 10 years ago. I've further diversified to include TIPS, short and intermediate bonds, large cap blend, small cap value, REITs, and international. I'll let AA float with the market, but sell...
by Leif
Tue Dec 04, 2018 5:19 pm
Forum: Personal Investments
Topic: Spousal benefits for husband who's wife is on SSDI?
Replies: 5
Views: 419

Re: Spousal benefits for husband who's wife is on SSDI?

I guess you are referring to (d) in the link? (d) You are not entitled to an old-age or disability benefit based upon a primary insurance amount that is equal to or larger than the full wife's or husband's benefit. Since it says old-age or disability . I guess the exception to this, however, if when...
by Leif
Tue Dec 04, 2018 4:29 pm
Forum: Personal Investments
Topic: Spousal benefits for husband who's wife is on SSDI?
Replies: 5
Views: 419

Spousal benefits for husband who's wife is on SSDI?

This is the scenario: 1. Wife is 59 and on SSDI (Social Security Disability) 2. Husband just turned 66 (FRA). Normally in this case the husband cannot collect spousal benefits (delay his own benefits until 70) unless the spouse has filed (earliest being 62). However if the wife is on disability is t...
by Leif
Tue Nov 13, 2018 12:46 pm
Forum: Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 8951

Re: Move savings to Prime Money Market Fund (VMMXX)

Treasury MM would be great if... 1. It did not have a $50k min 2. I could withdraw money immediately to my bank (vs the T+2 settlement) 3. It were the default brokerage sweep fund, so you just have to transfer money in and out, with no extra buying/selling step. $50K min to open . I was told by a r...
by Leif
Tue Nov 13, 2018 11:34 am
Forum: Personal Investments
Topic: Dimensional Funds
Replies: 18
Views: 1868

Re: Dimensional Funds

I purchased some DFA funds many years ago (early 90s). I still have those funds, however, for some time now I dropped the advisor. In my experience the advisor was not providing service that justified the expense. However, if they keep you from selling all your equity at or near the bottom of the ma...
by Leif
Sun Nov 11, 2018 11:14 pm
Forum: Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 8951

Re: Move savings to Prime Money Market Fund (VMMXX)

For these reasons I prefer Vanguard's Federal MM over Prime MM. How do I find out how much of Federal MM is taxable in my state? I found the PDF that showed the taxable percentages for their municipal funds, but nothing on Federal MM. 69.86% from US Govt Obligations. https://personal.vanguard.com/p...
by Leif
Wed Nov 07, 2018 2:45 pm
Forum: Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 8951

Re: Move savings to Prime Money Market Fund (VMMXX)

However, since we are in NYC (about 10% marginal state/local tax), the Federal Money Market (VMFXX) or Treasury Money Market (VUSXX) could return more after-tax, so I may need to revisit this. I'm also in a high tax state. I used the Treasury MM fund which gives me a higher after tax return then Pr...
by Leif
Fri Nov 02, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4230

Re: Thoughts on the New Macbook Air?

It hurts my eyes to stare at an obviously inferior screen (non-retina) and it's easily worth $0.02/minute not to. Used Pro or 12 is ok with me, just has to have retina display now. I'm surprised so many are so strong on the retina display. Although I ended up with a MBP with Retina, the Retina was ...
by Leif
Fri Nov 02, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4230

Re: Thoughts on the New Macbook Air?

I'm hoping I can get 8 years of service out of my MacBook Pro 2014 like you did on your 2010. Perhaps longer with SSD instead of a magnetic based drive. didnt the 2014 mbp all have ssds? Yes, I have SSD (256 GB), mid 2014 MBP. Perhaps you misread my post. I was just saying because I have SSD I may ...
by Leif
Fri Nov 02, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4230

Re: Thoughts on the New Macbook Air?

livesoft wrote:
Fri Nov 02, 2018 9:24 am
I have to chuckle that any business or home user has to even worry about CPU speeds nowadays. I/O and disk access are the rate-limiting steps, aren't they?
Depends on the application.
by Leif
Fri Nov 02, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4230

Re: Thoughts on the New Macbook Air?

I don't like their dropping of ports. I use the USB port for backups. I don't like they got rid of the magnetic power plug. That saved my bacon on a number of occasions. I know they have converter plugs, but that seems like something that will probably get lost. The new processor is slower in GHz, b...