Search found 2384 matches

by Leif
Sat Jun 16, 2018 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 145
Views: 14261

Re: Vanguard Municipal Money Market VMSXX 1.39%

A limitation of calculators like this is they don't take into account factors that can create marginal tax rates that are not the same as the tax brackets. For example, my federal marginal tax rate is 27%, due to marginal income pushing qualified dividends from being taxed at 0% to 15%, which added...
by Leif
Sat Jun 16, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 145
Views: 14261

Re: Vanguard Municipal Money Market VMSXX 1.39%

And here's a more sophisticated one at Fidelity: https://gpi.fidelity.com/ftgw/interfaces/tey/ Kevin, have you tried the Fidelity calculator compared to your spreadsheet? The Fidelity calculator used the same marginal rates, but came with a different rate when compared to CDs. I was specifically lo...
by Leif
Sat Jun 16, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 62
Views: 4137

Re: Flaw in Logic? CD ladder instead of bond funds

I probably would have done the same if I needed/wanted to reduce equity %. I’m about 3 years from beginning withdrawal at 61 or so and am at 50/50 equity/FI with the same split between taxable and tax deferred. So in my case I think I’ll fund living expenses by selling equities in taxable and rebal...
by Leif
Sat Jun 16, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 62
Views: 4137

Re: Flaw in Logic? CD ladder instead of bond funds

May be a silly question, but why hold the CD’s in taxable? You could sell equities in taxable to fund living expenses and rebalance your equity allocation in tax deferred by selling bond funds. Just wondering. Lloyd Not a silly question. 1. I did sell some equities in taxable, over several years, s...
by Leif
Fri Jun 15, 2018 11:54 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 62
Views: 4137

Re: Flaw in Logic? CD ladder instead of bond funds

I have bonds funds in my retirement accounts. However, in taxable I have a 5 year CD ladder. I've set it up to provide cash between retirement and RMDs at 70. Each year some CDs will mature and I will use that to replenish my cash holdings. If I have left over cash, which I expect, I'll either roll ...
by Leif
Thu Jun 14, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

The video in this BBC article is pretty chilling. I wonder if this is a Tesla cruise control (Traffic Aware Cruise Control - TACC) issue or that other cars with adaptive cruise control have the same issue. If other cars do not have the issue then Tesla needs to fix it. Certainly an inattentive driv...
by Leif
Wed Jun 13, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7308

Re: VMMXX (Vanguard Prime MM) risks

(The Treasury MM fund $50k isn't only an initial minimum, but a continuous minimum.) I just talked with a Vanguard Rep. He says as long as I keep it above $1,000 I'm okay. Below that and it is subject to liquidation. Thanks for the info. vs. Prime. The Treasury MM, VUSXX, appears to be a good fund ...
by Leif
Tue Jun 12, 2018 11:47 pm
Forum: Investing - Theory, News & General
Topic: VMMXX (Vanguard Prime MM) risks
Replies: 71
Views: 7308

Re: VMMXX (Vanguard Prime MM) risks

Right now, after factoring in my own particular state taxes, VG Prime MM still has about five basis points advantage over Treasury MM, but I like the lower risk for the latter fund. Now I have Prime, but I live in a high tax state. In a comparison chart they (Prime-VMMXX and Treasury-VUSXX) look to...
by Leif
Tue Jun 12, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 145
Views: 14261

Re: Vangaurd Municipal Money Market VMSXX 1.39%

HEDGEFUNDIE wrote:
Sat Jun 02, 2018 11:02 am
You should move the funds to Prime Money Market instead; it’s paying 1.91%
Prime is at 1.97% now. Maybe over 2% before the month is over?
by Leif
Tue Jun 12, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 63
Views: 4418

Re: "Open Social Security" calculator: feature requests, bug reports, etc

Leif wrote:
Fri Jun 08, 2018 11:19 pm
I entered a spousal benefit. I wanted to see what would happen if I don't apply for a spousal benefit as an alternative strategy. However, when I left the spousal benefit date blank I got a message that I must enter a date. Is that #9 on your to do list?
?
by Leif
Sat Jun 09, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

I am still trying to decide if I should buy the AWD or the Performance version. I always had really fast cars and modified car but the most I have ever spent was 33k. I would love to have the performance version because is fast of the show room and It can't be modified for more power. I am not plan...
by Leif
Sat Jun 09, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

They are trying to sell something and charge thousands of dollar for it, so of course they are not going to name it something like "Self Transportation Unattended Preliminary Idiotic Driving" . OK, maybe I should have gone for a shorter acryonym. "Driving Unattended May Backfire" ? I think I got it...
by Leif
Fri Jun 08, 2018 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 63
Views: 4418

Re: "Open Social Security" calculator: feature requests, bug reports, etc

I entered a spousal benefit. I wanted to see what would happen if I don't apply for a spousal benefit as an alternative strategy. However, when I left the spousal benefit date blank I got a message that I must enter a date. Is that #9 on your to do list?
by Leif
Fri Jun 08, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 63
Views: 4418

Re: "Open Social Security" calculator: feature requests, bug reports, etc

A "Save Settings" button would be useful to return later and tweak the values. I did notice on the number fields when I typed the first digit it recalled the previous value. But that does not happen for the drop down date entry.
by Leif
Fri Jun 08, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

So, regarding one of the recent Autopilot crashes, the NTSB issued its report. It looks like the car didn't just fail to break, but actually accelerated from 62 to 70 mph 3 seconds before the fatal crash. The driver appears to have had hands off the wheel at that time. Both are at fault, but I'm no...
by Leif
Thu Jun 07, 2018 6:36 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

I wish that Tesla and Mercedes would offer the adaptive cruise control separately, but I understand why they want to bundle it in an expensive package. Andy. I wanted the mythical unicorn called Full Self Drive so to get that I needed EAP. Now I just wish I passed on both. Fixed speed cruise contro...
by Leif
Thu Jun 07, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

I like the autopilot in rush hour traffic but never use the autosteer function. Do you think $5,000 is a bit much for just TACC? To each his own. Bottom line, it is great vehicle with or without autopilot. But if you do get autopilot please read manual and never take your eyes off road or your hand...
by Leif
Thu Jun 07, 2018 12:02 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

Our main concerns whether we would like the car and whether Tesla the company will survive to service it. So far we love the car and have no idea how the company will fare. Andy. With GM filing bankruptcy in 2009 anything is possible. But even in 2009 Tesla survived (just barely). I think they have...
by Leif
Wed Jun 06, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

Probably most people are aware that the clock is ticking on the federal tax credit. The most expensive options are being done first, except AWD, but that is next. Less profitable, the standard battery, will come in 2019. It might be that if it appears they will lose part of the credit then some may...
by Leif
Wed Jun 06, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 63
Views: 4418

Re: "Open Social Security" calculator: feature requests, bug reports, etc

Sorry, since we are in at the same time I should start a new message instead of editing the old. Regarding my spouse retirement date question above I was comparing apples and oranges. We are subject to WEP/GPO. I entered that into SSAnalyze, but not Open Social Security. Once I discovered your Adva...
by Leif
Wed Jun 06, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 63
Views: 4418

Re: "Open Social Security" calculator: feature requests, bug reports, etc

Sorry, since we are in at the same time I should start a new message instead of editing the old. Regarding my spouse retirement date question above I was comparing apples and oranges. We are subject to WEP/GPO. I entered that into SSAnalyze, but not Open Social Security. Once I discovered your Advan...
by Leif
Wed Jun 06, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 63
Views: 4418

Re: "Open Social Security" calculator: feature requests, bug reports, etc

Thanks for the feedback, Leif. Your right about slow in Safari. Still running (10 minutes later). Took only a couple of seconds in Chrome. Hm... Even with an older computer, using IE or Edge (which are slower than Safari) it shouldn't take more than a couple of minutes. So something definitely went...
by Leif
Wed Jun 06, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 63
Views: 4418

Re: "Open Social Security" calculator: feature requests, bug reports, etc

You are right about slow in Safari. Still running (10 minutes later). Took only a couple of seconds in Chrome. I'm getting different results then the calculator at http://www.bedrockcapital.com/ssanalyze/. FYI - I just checked. This calculator no longer exists; at least not at this website. General ...
by Leif
Tue Jun 05, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9634

Re: What are you doing with cash?

What are you doing with cash? Spending it. Yes, that is the American way. It's just not the Boglehead way. Sure it is Leif..... 70 and into 7 years retired ,,, pension and SS pay all the bills. RMD and draw from taxable are cash for travel, I spend that money. There are no bonus points for being ri...
by Leif
Tue Jun 05, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 145
Views: 14261

Re: Vangaurd Municipal Money Market VMSXX 1.39%

WanderingDoc wrote:
Sat Jun 02, 2018 1:32 pm
Thanks, that's helpful. I think I will just stick to Prime MMF for a while. Too much hassle to track and move around money every month for a few dollars in interest.
Agreed.
by Leif
Mon Jun 04, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9634

Re: What are you doing with cash?

midareff wrote:
Mon Jun 04, 2018 3:59 pm
What are you doing with cash?

Spending it.
Yes, that is the American way. It's just not the Boglehead way.
by Leif
Mon Jun 04, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9634

Re: What are you doing with cash?

When you guys use Vanguard Money Market, do you write checks and use this account as a regular bank account? Isn't this a bit more dangerous because the routing/account number is more exposed and mutual fund money market doesn't have a bank protection? Enlighten me. I think you have a good and ofte...
by Leif
Mon Jun 04, 2018 1:14 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9634

Re: What are you doing with cash?

I'm also using Vanguard Prime MM. I recently was using a muni MM, but their tax equivalent yield no longer made sense for me. Chase often has promotions for savings accounts and credit cards. If you have the time and interest you might earning a couple of hundred $ over about 6 months. Check their w...
by Leif
Sun Jun 03, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 273
Views: 12408

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

As far as I know there is no law against it.
by Leif
Sat Jun 02, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 145
Views: 14261

Re: Vangaurd Municipal Money Market VMSXX 1.39%

If you scan this thread, you'll see that the muni MM funds seem to cycle up and down on a roughly quarterly basis. The last downswing lasted about 1.5 months, and we are about one month into the current downswing. If the pattern continues the muni MM yields should start rising in a couple of weeks,...
by Leif
Sat Jun 02, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 145
Views: 14261

Re: Vangaurd Municipal Money Market VMSXX 1.39%

I'm wondering what is happening in the world of muni money market funds. I checked a while back and TEY for the CA Muni MM, VCTXX, was paying better then Prime, for me. This was surprising to me since I'm not in the highest state & federal tax rate. I moved some money into this fund. Now I see a big...
by Leif
Wed May 30, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

Below that, there is a video of a self driving Tesla, that the driver is only there in the car for legal reasons. Seems to me, that Tesla is trying to have it both ways. The marketing team is not shy promoting them as 'self driving' cars while the legal team quickly blames the driver if something w...
by Leif
Wed May 30, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

I got the park option stopped at a light yesterday, and sure enough, there was not enough room to parallel park between the cars on either side of me. So, for fun, I put it in reverse to see what parking option it would offer me. Turned out it was seeing a perpendicular parking spot, not a parallel...
by Leif
Mon May 28, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Another Social Security for Widow Question
Replies: 31
Views: 2197

Re: Another Social Security for Widow Question

Restricted Applications and Widow/Widower Benefits POMS says (section GN 00204.020E.4.a): “A widow(er) or surviving divorced spouse may wish to exclude a reduced RIB from the scope of the application and defer filing for an unreduced RIB because of the increasingly greater amount payable after FRA ...
by Leif
Mon May 28, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: FUSVX vs. VFIAX for IRA [Fidelity vs. Vanguard 500 Index]
Replies: 4
Views: 418

Re: FUSVX vs. VFIAX for IRA [Fidelity vs. Vanguard 500 Index]

6/half dozen on the funds. Fidelity does have a $50 closing fee on their IRAs. I'm not sure if Vanguard has a closing fee.
by Leif
Mon May 28, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?
Replies: 54
Views: 4482

Re: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?

BeBH65 wrote:
Mon May 28, 2018 10:32 am
The first few years of withdrawal are the most risky.

Is there any special precaution one should take during the first years of this particular case?
I'm drawing from a CD ladder until SS@70.
by Leif
Mon May 28, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

There is (was?) a Tesla Evangelist named You You Xue who did a road trip through America spreading the Tesla gospel in his Model 3 and then went to Europe for the same thing. Was pretty well known in Tesla circles. You You, as an experienced Tesla driver, should know to treat autopilot as a driver ...
by Leif
Sat May 26, 2018 11:39 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Paul Merriman's Portfolio
Replies: 71
Views: 20330

Re: Thoughts on Paul Merriman's Portfolio

What is DFA exactly? (What do you mean by I had access to DFA funds?) Can I not device an All-value portfolio using Vanguard funds (mutual fund or ETF)? All I need to find is the corresponding funds for US LCV, US SCV, International LCV, and International SCV, and EM. DFA stands for Dimensional Fun...
by Leif
Sat May 26, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?
Replies: 54
Views: 4482

Re: The "4% withdrawl rate" - would it apply to someone "retiring" in their 70s?

At 75 or so the MRD would be 4.37%, which is very conservative. Life expectancy is an important factor to consider. If you estimate 90 as a joint life that gives another 15 years. Based on the Coach Potato book 15 years can support 7.9%/year. Vanguard estimates with 15 years and an 85% chance of suc...
by Leif
Fri May 25, 2018 10:50 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

Wow, that would be a disaster if you attempted to "park" in that situation. Sure, but who would do that??? I've seen this a number of times, and I just chuckle. Kevin To answer your rhetorical question, no one. But it does not fill me with confidence that it suggests it can park between cars that p...
by Leif
Fri May 25, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Paul Merriman's Portfolio
Replies: 71
Views: 20330

Re: Thoughts on Paul Merriman's Portfolio

TL;DR: I think Merriman's portfolio is too complicated and has too many moving parts. This is what I learned from TrevH famous thread. I ended up with a bit different, however. TSM, SV, REIT, ISV, EMV, and EAFE. This is because I had access to DFA funds for the SV, ISV, and EMV. Simple is good, but...
by Leif
Thu May 24, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

But for record just pulled trigger on one of my two Model 3 reservations, took all options including enhanced auto pilot but without the full self driving option, delivery estimated 6 weeks. Congratulations! It is an impressive car. Probably in a few more years I will buy another Tesla replacing ou...
by Leif
Wed May 23, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 76
Views: 6054

Re: How do I tell if Roth conversions are worth the trouble?

I don't know why people seem it's essential to stay in the same bracket and not go a few per cent higher. I believe strongly that we are now at tax rates that are the lowest any of us will ever see. I would convert it all to Roths no matter what the bracket, and I am doing that. "a few per cent hig...
by Leif
Wed May 23, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

Autopilot will also provide automated parallel parking in some conditions. That's a novelty but it's fun to press a couple buttons and watch the car park itself. Have you tried it? I rarely parallel park, but I would like to try it some time. Have you ever experienced a case when the "P" lights up,...
by Leif
Tue May 22, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: How do I tell if Roth conversions are worth the trouble?
Replies: 76
Views: 6054

Re: How do I tell if Roth conversions are worth the trouble?

The answer depends on many details and your expectation for tax rates in the future. I'm just starting my Roth conversions. I plan to do conversions until 70. The downside for me is paying more taxes, both in higher tax rates and medicare rates, then if I did not convert. The upside is I expect to h...
by Leif
Mon May 21, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7103

Re: Tesla Autopilot, worth it?

I have a Tesla Model S with enhanced autopilot (EAP) and full self drive (FSD). This is sometimes called Autopilot 2.0. I think the EAP is too expensive for what you get. I do use it, particular on trips. However, the best part is the traffic aware cruise control(TACC), as Tesla calls it. Others cal...
by Leif
Mon May 21, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

Exactly, but highly unlikely since full tax credit will likely be gone by Dec 31 (at the latest) or Sep 30 (at the earliest). Just depends how well Tesla can continue to deliver to Canada and delay US deliveries at the end of June. I don't think timing it for the 3rd quarter should be problem. It i...
by Leif
Mon May 21, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

For those waiting for the $35,000 standard battery M3 it is looking like 2019 as I predicted. Tesla CEO Elon Musk ties base Model 3 availability to company profitability In a discussion on Twitter over the newly-announced dual motor and performance Model 3 options, Tesla CEO Elon Musk stated that th...
by Leif
Sat May 12, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

My gut says that they will start building the AWD and Short Range at the same time. My assumption is that if the Short Range decreases per unit margins, it will be balanced by increased margins on the AWD, such that they continue to manage blended margins. That's my gut, but I haven't really studie...
by Leif
Sat May 12, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1067
Views: 84310

Re: To take or not to take delivery of Tesla 3

I am OP here and still agonizing over the decision. I just got the quote to install home charger. It is over $2K! Seems really high. I paid $400. However, my charger is just inside the garage from the meter, so installation was relatively simple. I'm using my Tesla provided mobile charger (called U...