Search found 2373 matches

by 22twain
Thu May 28, 2020 4:58 pm
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 63
Views: 4059

Re: Any retirees get through Covid crisis without large cash reserve?

Besides, didnt both bonds and stocks drop at the same time during the middle of March? A mere 2 months ago? Vanguard Total Bond Market ETF (BND) dropped about 7%. Five weeks after the pre-dip high, it had pretty much recovered. Vanguard Total World Stock ETF (VT) dropped about 33%. It's still down ...
by 22twain
Tue May 26, 2020 5:11 pm
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 63
Views: 4059

Re: Any retirees get through Covid crisis without large cash reserve?

Mr.BB wrote:
Tue May 26, 2020 4:55 pm
If we were retired, collecting our SS checks and pension checks, and they covered most of our expenses, then I can see a reduced need for a separate EF. However, if a person is still in the accumulation stage [...]
The OP specifically asked about retirees.
by 22twain
Tue May 26, 2020 4:12 pm
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 63
Views: 4059

Re: Any retirees get through Covid crisis without large cash reserve?

Wondering if others are in retirement without large cash reserves. What is your definition of “large” or “sizable”? Right now my cash allocation is about 3% which is larger than usual for me. Usually it’s about 1 +/- 0.5%. My spending rate is about 2% per year. My stock allocation is about 50%, so ...
by 22twain
Tue May 26, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: Bogleheads: What is your largest single stock holding? (if any)
Replies: 79
Views: 3839

Re: Bogleheads: What is your largest single stock holding? (if any)

We've never bought individual stocks ourselves. Until our 50s, our "investing" was purely in our TIAA 403(b)s and taxable CDs. DW's father made his career at AT&T back in the days when it was Ma Bell, and accumulated a chunk of its stock in addition to his pension. That stock passed to DW's mother, ...
by 22twain
Mon May 25, 2020 9:01 am
Forum: Investing - Theory, News & General
Topic: Will the US become like Japan?
Replies: 68
Views: 5056

Re: Will the US become like Japan?

Stef wrote:
Mon May 25, 2020 12:49 am
Are there other examples of countries with zero stock returns over long periods of time?
Russia after 1917? :twisted:

(until, uh... 1995?)
by 22twain
Sun May 24, 2020 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 4972

Re: What do people spend money on?

rbaldini wrote:
Sun May 24, 2020 1:01 pm
Are you asking us to suggest hobbies for you?
If that's what you're looking for, or are willing to consider that route, enter "hobbies" in the search box at the top right of this page. The first several hits are previous threads here where people discuss their hobbies.
by 22twain
Sat May 23, 2020 10:55 am
Forum: Personal Investments
Topic: Bond Component of 3-fund portfolio
Replies: 4
Views: 513

Re: Bond Component of 3-fund portfolio

pfb3326 wrote:
Sat May 23, 2020 9:06 am
which is better
What does “better” mean to you, in this situation?
by 22twain
Fri May 22, 2020 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for undertaking a PhD
Replies: 47
Views: 2881

Re: Financial advice for undertaking a PhD

I am 34 yrs old and thinking of undertaking a 5-year PhD program. Your other posts indicate that you're in Australia. Is this PhD program also located there? The responses I've seen so far are appropriate for PhD programs in the US, where I got my PhD in a physical-science field, straight out of co...
by 22twain
Fri May 22, 2020 6:04 am
Forum: Investing - Theory, News & General
Topic: Who's right about the future? Stock or Bond market?
Replies: 50
Views: 4450

Re: Who's right about the future? Stock or Bond market?

Valuethinker wrote:
Fri May 22, 2020 3:37 am
* in a world where we wear masks on half empty planes, retail, entertainment and food venues observe 6' distancing, etc. etc.
...and where we have tens of thousands of people dying per month (in the US alone) that weren't dying before all this started.
by 22twain
Thu May 21, 2020 11:25 pm
Forum: Investing - Theory, News & General
Topic: Value tilted S&P 500 fund for dividend?
Replies: 61
Views: 5146

Re: Value tilted S&P 500 fund for dividend?

patrick013 wrote:
Thu May 21, 2020 7:34 pm
LCś may recover first.
LCś? :confused
by 22twain
Thu May 21, 2020 6:12 pm
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6419

Re: Discarding Music CDs

You can buy CD pages designed to be used in ordinary 3-ring binders. For example:

https://www.amazon.com/Case-Logic-CDP-2 ... 000KMR2YK/

You do need a bookshelf deep enough to accommodate those binders.
by 22twain
Wed May 20, 2020 11:33 pm
Forum: Personal Consumer Issues
Topic: Apple iPad vs Notebook
Replies: 43
Views: 1968

Re: Apple iPad vs Notebook

So exactly what is the cellular option needed for if you can simply use the hotspot on the phone? If this intended for folks who don't have the internet (albeit 99.9% I'm sure do)? The cellular option is needed if you can't hotspot your phone. Depends on your usage patterns. I almost always use my ...
by 22twain
Wed May 20, 2020 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, Medicaire questions
Replies: 68
Views: 4125

Re: Turning 65, Medicaire questions

on my still-working wife's medical plan right now, but I turn 65 in October and plan to drop off it and joining Medicare. So you can sign up during the three calendar months preceding October, i.e. July, August, September, to take effect in October. Don't dawdle too long, especially if you go the t...
by 22twain
Wed May 20, 2020 4:42 pm
Forum: Personal Consumer Issues
Topic: Car Transport Services
Replies: 9
Views: 534

Re: Car Transport Services

Did you try a forum search? I've never shipped a car myself, but I remember seeing previous discussions about it.
by 22twain
Wed May 20, 2020 4:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 172
Views: 16010

Re: Vanguard High Dividend Yield Index Fund

I'm surprised that no one has yet explicitly compared the total return of Vanguard High Dividend Yield with Vanguard Total Stock Market. Here's a Morningstar growth chart that compares the admiral shares of these two mutual funds (VHYAX and VTSAX). The results should be practically the same for the ...
by 22twain
Wed May 20, 2020 3:34 pm
Forum: Personal Investments
Topic: Really stupid question re: Capital Gains
Replies: 10
Views: 735

Re: Really stupid question re: Capital Gains

Dividends are realized gains, so you pay taxes on them when they happen. If you had them reinvested, that amount is now part of the investment, and will not count again in capital gains when those stocks are sold - only the gain will be taxed. Ok that makes sense, but how can I estimate those? In o...
by 22twain
Wed May 20, 2020 12:12 pm
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6419

Re: RIP + Freecycle

1. Rip to FLAC. (15 minutes per CD) 2. If you are a nerd, then photograph the CD cover and liner notes. (20 min) 3. If you are a total nerd, then find the lyrics and create a text file for each song. (1+ hour) I guess I'm an uber-nerd because I scan the booklet pages, tweak them in Photoshop, and m...
by 22twain
Mon May 18, 2020 11:46 am
Forum: Personal Investments
Topic: Large inheritance -- looking for advice
Replies: 65
Views: 9921

Re: Large inheritance -- looking for advice

I'd sell ALL the stocks as soon as possible and not attach any sentimental value to them. LOL...you might actually want to look at the stocks prior to selling them "as soon as possible". Look at the date on livesoft's post. :wink: I think it's safe to say that the OP has probably decided what to do...
by 22twain
Sat May 16, 2020 11:57 pm
Forum: Personal Consumer Issues
Topic: June vacation
Replies: 21
Views: 2288

Re: June vacation

What kind of place do you live in now? New York City? Its suburbs? Los Angeles area? A small town in flyover country? How does it compare to Toronto?

Can you even travel to Canada? I thought the border was more or less closed, but I may be mistaken, I'm far from the northern border of the US.
by 22twain
Thu May 14, 2020 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Calculation question
Replies: 17
Views: 991

Re: Attn: Social Security Calculation experts!

You can get a table of indexing factors customized for you, here: https://www.ssa.gov/OACT/COLA/awifactors.html Enter the year in which you turned 62 (the first year that you could have claimed SS benefits). For years after the end of the table, use 1.0000000 as the indexing factor. Earnings from ag...
by 22twain
Wed May 13, 2020 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation Money Gets Taxed
Replies: 46
Views: 2663

Re: Deferred Compensation Money Gets Taxed

\Out of $87.31 taxable income, I was hit with $65.70 tax, which is an effective tax rate of 75%. No amount of rationalizations will make me accept that this is correct or reasonable. You did NOT get hit with $65.70 tax. You got hit with $65.70 tax WITHHOLDING. You'll get most of it back next spring...
by 22twain
Wed May 13, 2020 2:35 pm
Forum: Personal Investments
Topic: Vanguard Wellington Fund vs TIAA-CREF?
Replies: 20
Views: 1861

Re: Vanguard Wellington Fund vs TIAA-CREF?

What other options does your plan offer besides TIAA-CREF and Vanguard Wellington? The "best" choice may be "neither of them."

What is the minimum guaranteed rate on your TIAA Traditional? That might make a difference.
by 22twain
Wed May 13, 2020 2:14 pm
Forum: Investing - Theory, News & General
Topic: Why it’s a good idea to hold long term Treasuries as your emergency fund
Replies: 114
Views: 9017

Re: Why it’s a good idea to hold long term Treasuries as your emergency fund

1789 wrote:
Mon Mar 02, 2020 5:10 pm
Why not keeping cash and EF in a simple MMF?
Too boring, and you don't have all your money working to the max for you. :twisted: :wink:
by 22twain
Tue May 12, 2020 5:50 pm
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 9397

Re: International market recovery

rob wrote:
Tue May 12, 2020 2:35 pm
Both sides fermentedly hold that they have the right position....
I wonder if it depends on whether one favors beer, wine, or whisky? :twisted:

(yeah, blame the spell-checker... :) )
by 22twain
Tue May 12, 2020 11:59 am
Forum: Personal Consumer Issues
Topic: How to visit all the US national parks
Replies: 19
Views: 2108

Re: How to visit all the US national parks

And don't forget all those National Monuments and National Historical Sites. And National Historical Parks (larger than National Historical Sites), National Battlefields, National Preserves, National Parkways, etc. List of the United States National Park System official units (Wikipedia) Bunker Hil...
by 22twain
Tue May 12, 2020 7:21 am
Forum: Personal Consumer Issues
Topic: How to visit all the US national parks
Replies: 19
Views: 2108

Re: How to visit all the US national parks

Don't fly. Drive. [...] Should be much easier doing this from California :) Except of course for Everglades, Great Smokies, Shenandoah, Adirondack, Acadia... And don't forget all those National Monuments and National Historical Sites. Probably too many of them to try to do them all, but you can inc...
by 22twain
Tue May 12, 2020 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation Money Gets Taxed
Replies: 46
Views: 2663

Re: Deferred Compensation Money Gets Taxed

Is it possible they are just withholding the extra $ and it will all even out when you file taxes next year? I didn't consider this, and I should have. Was too focused on the fact that this money should have never been taxed to begin with, and was wondering if I should opt to put any future money i...
by 22twain
Mon May 11, 2020 5:48 pm
Forum: Personal Investments
Topic: ML/AI based withdrawal systems?
Replies: 11
Views: 705

Re: ML/AI based withdrawal systems?

It occurs to me this would be better in the theory forum. Is there some way to move it? Click the "!" button at the top right of the first post in the thread, and report yourself to a moderator. Select "Wrong Forum" in the dropdown menu of reasons, and write a brief explanation. "Oops, mea culpa, g...
by 22twain
Mon May 11, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: At what moment does retirement begin?
Replies: 68
Views: 5497

Re: At what moment does retirement begin?

I retired at the end of a year. Everybody at my college (except essential staff like campus police) went on vacation at the end of the week before Christmas. During that week I took all my personal stuff home, leaving only my computer. At 5pm on Friday, I packed up the computer and locked my office ...
by 22twain
Sun May 10, 2020 1:24 pm
Forum: Personal Consumer Issues
Topic: Kite Recommendations?
Replies: 6
Views: 516

Re: Kite Recommendations?

fareastwarriors wrote:
Sun May 10, 2020 11:42 am
Maybe $30 budget. Is that too low?
Probably too high. You can make your own kite out of a sheet of newspaper, or a paper bag, etc., plus a couple of sticks, some string and glue. Google "how to make a kite" and you'll get lots of instructions.
by 22twain
Sun May 10, 2020 6:20 am
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 9749

Re: $2 million dollar house pre requisites

Edge215 wrote:
Sat May 09, 2020 1:40 pm
If someone wanted to buy a $2 million dollar house in a HCOLA
A few months ago you were asking about buying a $1.5 million house.

viewtopic.php?f=2&t=297035

Did you happen to find one for $2 million that you're particularly interested in? 8-)
by 22twain
Sat May 09, 2020 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 9749

Re: $2 million dollar house pre requisites

Edge215 wrote:
Sat May 09, 2020 1:40 pm
If someone wanted to buy
You, or someone you know?
by 22twain
Fri May 08, 2020 1:28 am
Forum: Personal Finance (Not Investing)
Topic: Am I eligible for unemployment?
Replies: 7
Views: 810

Re: Am I eligible for unemployment?

If you can see fit to tell us which state you're in, maybe someone here has experience with that state's unemployment system. Otherwise, try a Google search for "new york unemployment" or "alabama unemployment" or "colorado unemployment" or whichever state fits your situation. State unemployment age...
by 22twain
Thu May 07, 2020 2:18 pm
Forum: Personal Investments
Topic: How does 401K payments/distributions actually work?
Replies: 20
Views: 1430

Re: How does 401K payments/distributions actually work?

rterickson wrote:
Thu May 07, 2020 1:41 pm
mllouay wrote:
Thu May 07, 2020 11:49 am
So if you were to take payments from you tIRA, how would that work?
This will be spelled out in your SPD.
IRAs have SPDs? :shock:
by 22twain
Thu May 07, 2020 1:34 pm
Forum: Personal Investments
Topic: How does 401K payments/distributions actually work?
Replies: 20
Views: 1430

Re: How does 401K payments/distributions actually work?

So if you were to take payments from you tIRA, how would that work? [...] Is it up to you which funds your payments come from? This. You can choose which investments to sell. Your IRA custodian (brokerage or mutual fund company or whatever) might have an option for automatic sales and distributions...
by 22twain
Thu May 07, 2020 11:15 am
Forum: Investing - Theory, News & General
Topic: What are the risks investing in DIV?
Replies: 27
Views: 1023

Re: What are the risks investing in DIV?

Go to the search box at top right of this page and enter "dividends versus total return". This does a Google search that is restricted to this forum. You'll see many discussions on the topic.
by 22twain
Wed May 06, 2020 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Graph of how SS benefits can change with decreases in 2020 national wages for one born in 1960
Replies: 59
Views: 4584

Re: Graph of how SS benefits can change with decreases in 2020 national wages for one born in 1960

ObliviousInvestor wrote:
Tue May 05, 2020 6:55 am
(And from age 62 forward, your PIA is adjusted upward based on price inflation as measured by CPI-W,
which is commonly known as the COLA (Cost of Living Adjustment). The SSA announces it in October, for the following year.

https://www.ssa.gov/cola/
by 22twain
Tue May 05, 2020 10:47 pm
Forum: Personal Investments
Topic: Amount and time needed to retire
Replies: 19
Views: 1838

Re: Amount and time needed to retire

justsomeguy2018 wrote:
Tue May 05, 2020 10:10 pm
live primarily off the dividends/interest and withdrawals
Do you mean "primarily off the dividends/interest plus some withdrawals (selling some shares of stock/bond funds)"? If so, how much is "primarily"? 90%? 75%? 60%?
by 22twain
Tue May 05, 2020 9:45 pm
Forum: Investing - Theory, News & General
Topic: My theory about FIRE
Replies: 419
Views: 30570

Re: My theory about FIRE

Those 403b and 457b plans are available for public school teachers without the match as a voluntary pre-tax or post-tax salary deduction which would be in addition to the mandatory pension deduction that comes out of every paycheck. Those plans are designed to set up an educator for retirement succ...
by 22twain
Mon May 04, 2020 11:03 am
Forum: Personal Investments
Topic: TIAA Cref Accumulation = Lifetime Income?
Replies: 27
Views: 1402

Re: TIAA Cref Accumulation = Lifetime Income?

Secondly our SS situation is according to our SS statement today. Me: $2316 month / $27,792 year Wife: $1536 month / $18,432 I suppose those figures are for claiming benefits at age 67 which is probably your SS "normal retirement age." You should at least consider waiting until age 70, which will i...
by 22twain
Sun May 03, 2020 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me unravel my parents mess
Replies: 55
Views: 6612

Re: Please help me unravel my parents mess

OP, when calculating total annual expenses for the past year if your parents only record in their checkbook the net amount of their paychecks, they also need to take into account any payroll deductions for expenses like healthcare premiums, commuting passes, etc. They also need to take income taxes...
by 22twain
Sun May 03, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me unravel my parents mess
Replies: 55
Views: 6612

Re: Please help me unravel my parents mess

First, your parents need to spend a year documenting everything they spend. $180k plus the short term teaching result in a boatload of income. But that doesn't mean that they spend $180k a year of $40k a year. We have no idea and likely, neither do they. This can be relatively simple. Every month, ...
by 22twain
Fri May 01, 2020 11:45 pm
Forum: Personal Investments
Topic: Starting life over from scratch at 33
Replies: 32
Views: 6254

Re: Starting life over from scratch at 33

If you want to continue as a teacher in the US, I would try to get settled in a place you are willing to stay as quickly as possible. +1 How did you end up in Georgia when you came back to the US? If you have family and/or friends there, I can appreciate that those connections might pull you strong...
by 22twain
Fri May 01, 2020 11:03 pm
Forum: Investing - Theory, News & General
Topic: Do you keep moving your cash around chasing yield?
Replies: 56
Views: 5333

Re: Do you keep moving your cash around chasing yield?

I'm retired, living off my investments until I finally start Social Security at 70 in a few years. I keep on average about 2%, one year's expenses, in cash (mostly my money market settlement fund) for convenience, so I don't have to sell shares of stock or bond funds too often. It keeps my taxes sim...
by 22twain
Thu Apr 30, 2020 7:55 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24327

Re: IRS Get My Payment up and running

So I got out the checkbook and entered the routing and account numbers from a check. Unfortunately, when I saw the confirmation screen, I realized that I had omitted the last digit of the account number! :oops: It's a "1", so my brain must interpreted it as a vertical-bar divider or something. This...
by 22twain
Wed Apr 29, 2020 11:49 pm
Forum: Personal Investments
Topic: 25 Years Old Trying to Build a Lazy Portfolio
Replies: 31
Views: 2361

Re: 25 Years Old Trying to Build a Lazy Portfolio

Robert20 wrote:
Wed Apr 29, 2020 11:41 pm
10% SPTL
I'm sure a lot of us would prefer that you not spit on us in these times. :shock:

Or make us look up ticker symbols at any time. :wink:
by 22twain
Wed Apr 29, 2020 1:24 am
Forum: Personal Investments
Topic: UC system, pension or traditional 401k?
Replies: 30
Views: 1961

Re: UC system, pension or traditional 401k?

TheDDC wrote:
Tue Apr 28, 2020 10:57 pm
Also, the obligation has nothing to do with being in a "friendly state" or "unfriendly state".
Who said "friendly" or "unfriendly"? I didn't find those words in any other post in this thread.
by 22twain
Mon Apr 27, 2020 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Earnings Record Statement Should Match W-2 Box 1 or Box 3?
Replies: 6
Views: 325

Re: Social Security Earnings Record Statement Should Match W-2 Box 1 or Box 3?

From the horse's mouth, er, keyboard... General Instructions for Forms W-2 and W-3 (2020) Specifically the section that describes box 3 . Box 3—Social security wages. Show the total wages paid (before payroll deductions) subject to employee social security tax but not including social security tips ...
by 22twain
Sat Apr 25, 2020 4:01 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey against index funds?
Replies: 93
Views: 10608

Re: Dave Ramsey against index funds?

That "be average" thing is psychological. Everyone wants to do more... want to 'beat' something... wants to win... wants to be exceptional. As we've seen even here, more and more, over the past year or two. Look at all the discussions of stock-picking, sector-picking, playing games with leveraged E...
by 22twain
Sat Apr 25, 2020 3:44 pm
Forum: Personal Investments
Topic: Pros/Cons of Hiring an Advisor to optimize COVID-recovery
Replies: 19
Views: 1584

Re: Pros/Cons of Hiring an Advisor to optimize COVID-recovery

SS Benefits at ages: 70/66 or 70/70 What percentage of your anticipated expenses will SS cover, if you start at these ages? For example, if it's 50%, then your withdrawal rate from that point on will drop to 1.8-1.9% of your current balance. I think most people here would consider a 3.7% rate for a...