Search found 1923 matches

by 22twain
Thu Jul 18, 2019 9:38 pm
Forum: Investing - Theory, News & General
Topic: Anyone knows what happened to HedgeFundie's excellent adventure thread?
Replies: 3
Views: 533

Re: Anyone knows what happened to HedgeFundie's excellent adventure thread?

The most recent post in that thread was 1 hour and 3 minutes before you made your post, in this very forum, so it must have been no more than a few posts from the top.

Don't worry... we all have our senior moments / {edit Moderator Jbranx} / eye glitches / whatever. :beer
by 22twain
Thu Jul 18, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help me live off my retirement funds
Replies: 14
Views: 1531

Re: Help me live off my retirement funds

If you turn off automatic reinvestment of dividends, you will collect about (2% x $2M) + (3% x $1M) = $70K in dividends per year. So you need to sell only about $50K to meet your total requirement of $120K. Assuming you want to maintain a roughly equal split among the three funds, I would simply sel...
by 22twain
Thu Jul 18, 2019 1:19 pm
Forum: Personal Investments
Topic: Reinvesting Dividends or no
Replies: 41
Views: 4711

Re: Reinvesting Dividends or no

PickitPaul wrote:
Thu Jul 18, 2019 12:12 pm
I thought the investing in Roth was for earned income? I know that IRA contributions have to be earned income, which dividends are not.
Money is fungible. It doesn't matter where an IRA contribution directly comes from, so long as you have earned income (compensation) of at least that amount.
by 22twain
Thu Jul 18, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 63
Views: 3946

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

Returning to the OP: I am trying to determine if I could be achieving more financially if I moved to a larger city which would also mean HCOL most likely. I love in a small / mid size area now approx 300k people and not much population growth. Stable housing prices and population not declining nor b...
by 22twain
Wed Jul 17, 2019 2:49 pm
Forum: Personal Investments
Topic: Reinvest RMD to Roth question
Replies: 4
Views: 421

Re: Reinvest RMD to Roth question

Assuming she earns $1,500 from teaching this year, she can contribute only that amount (at most) to the Roth IRA. This does not affect her taxes for the year. Money is fungible, so it doesn't matter where the $1,500 comes from. It could very well come from the RMD. Assuming the RMD from her traditio...
by 22twain
Wed Jul 17, 2019 6:12 am
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 4672

Re: Do you care about your home appreciating?

No, we've thought very little about whether our house has appreciated or is appreciating. When we bought it > 30 years ago, we had long-term stable jobs (academia with tenure or very good prospects of it). It suited our needs then, and still suits them. We've never needed to move, nor had the urge t...
by 22twain
Tue Jul 16, 2019 11:13 pm
Forum: Personal Consumer Issues
Topic: What to do in Little Rock
Replies: 23
Views: 1592

Re: What to do in Little Rock

While in Ft. Smith, here's a very historical place to visit. https://www.nps.gov/fosm/index.htm From the establishment of the first Fort Smith on December 25, 1817, to the final days of Judge Isaac C. Parker's jurisdiction over Indian Territory in 1896, Fort Smith National Historic Site preserves a...
by 22twain
Sun Jul 14, 2019 6:33 am
Forum: Personal Consumer Issues
Topic: What to do in Little Rock
Replies: 23
Views: 1592

Re: What to do in Little Rock

You can walk across the river on a former railroad bridge that has been converted to pedestrian use. It's a vertical lift bridge on a busy waterway, so they parked the lift section permanently in the upper position, with stairs and elevators at both ends. It gives a nice view up and down the river.
by 22twain
Sat Jul 13, 2019 9:31 pm
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 27046

Re: Americans believe they need $1.7 million, on average, to retire

As visualguy noted above, work becomes a large part of a person's life whether he likes it or not and it is not easy to fill the big hole left by retirement. Too little time, you feel miserable, but too much time, it is a psychological torture. I can speak only for myself, but after two and a half ...
by 22twain
Sat Jul 13, 2019 6:15 am
Forum: Investing - Theory, News & General
Topic: Questions about unsettled funds and freeriding trade violations
Replies: 8
Views: 637

Re: Questions about unsettled funds and freeriding trade violations

OP, your example for unsettled funds doesn't violate the rule. I'm not with Vanguard but I typically do what you state in your example. I will sell stock A and almost immediately buy stock B with the unsettled funds available to me. I don't violate any rule because I don't ever sell stock B until t...
by 22twain
Fri Jul 12, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: East/North Dallas cities
Replies: 10
Views: 823

Re: East/North Dallas cities

Isn't the usual advice to rent for a while so you can check out the situation "on the ground" before buying?
by 22twain
Fri Jul 12, 2019 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Will your investments be enough to cover ALF/misc.medical costs/etc.so there is no burden to your children?
Replies: 85
Views: 3995

Re: Will your investments be enough to cover ALF/misc.medical costs/etc.so there is no burden to your children?

Grt2bOutdoors wrote:
Fri Jul 12, 2019 4:48 am
What is ALF?
Assisted Living Facility?

Our investments had better cover the cost of one if needed, because we have no kids. That's why we're glad we have 45x normal expenses saved in our late 60s, before even taking Social Security into account.
by 22twain
Thu Jul 11, 2019 10:09 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?
Replies: 63
Views: 4701

Re: Asset Allocation of the Ultra-Wealthy, can I copy their portfolio with index funds?

whodidntante wrote:
Thu Jul 11, 2019 12:29 pm
Berkshire Hathaway owns several small businesses
Like BNSF Railway... :wink:
by 22twain
Thu Jul 11, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7422

Re: Has anyone inherited a obligation/burden/responsibility?

My mother's father, an immigrant from a certain country, built a small cottage in a lakeside colony founded by a group of fellow immigrants from that country. During the '50s and '60s, the families of his two daughters took turns using the cottage and maintained it. When he died, the cottage passed ...
by 22twain
Wed Jul 10, 2019 9:34 pm
Forum: Investing - Theory, News & General
Topic: Understanding bonds
Replies: 7
Views: 936

Re: Understanding bonds

I suppose it would be more accurate to say that the difference between the face value and the price you paid for the bond is what gets incorporated into the yield to maturity. If you paid a premium over face value (because the coupon rate is higher than current interest rates), you don't get all of ...
by 22twain
Wed Jul 10, 2019 5:19 pm
Forum: Investing - Theory, News & General
Topic: Understanding bonds
Replies: 7
Views: 936

Re: Understanding bonds

When I buy a bond, do I get the "coupon rate" or the Yield to Maturity". Both. Or either one, depending on what exactly you mean by the word "get." :wink: The dollar value of your interest payments is determined by the face value (par value) of the bond and the coupon rate. For example, if you have...
by 22twain
Wed Jul 10, 2019 4:56 pm
Forum: Personal Investments
Topic: Bonds in Retirement Accounts
Replies: 15
Views: 1798

Re: Bonds in Retirement Accounts

Yeah, I hope that was a typo by the OP. :)
by 22twain
Wed Jul 10, 2019 6:54 am
Forum: Personal Investments
Topic: Bonds in Retirement Accounts
Replies: 15
Views: 1798

Re: Bonds in Retirement Accounts

lazier_fan wrote:
Wed Jul 10, 2019 6:32 am
My thinking is that, overall, stocks have outperformed equities historically so keep bonds in Traditional as much as possible to allow equities to benefit from tax-free growth in a Roth.
That is indeed the usual advice here.
by 22twain
Mon Jul 08, 2019 6:21 am
Forum: Personal Finance (Not Investing)
Topic: Is there any place you can buy a house for 50k west of Kansas?
Replies: 27
Views: 3718

Re: Is there any place you can buy a house for 50k west of Kansas?

Some context might help. Are you (or someone you know) looking for someplace to rent out or someplace to live?
by 22twain
Sun Jul 07, 2019 9:14 pm
Forum: Personal Investments
Topic: 25 years to retirement, advice on speeding up growth?
Replies: 62
Views: 5026

Re: 25 years to retirement, advice on speeding up growth?

When you increase your 401(k) contribution, your employer should automatically reduce the tax that they withhold. It probably won't come out exactly equal to the reduction in your tax liability, but it should be fairly close. Of course, you'll true up any discrepancy when you file your tax return fo...
by 22twain
Sun Jul 07, 2019 10:07 am
Forum: Personal Investments
Topic: Retiree with no retirement accounts
Replies: 34
Views: 4209

Re: Retiree with no retirement accounts

tj-longterm wrote:
Sun Jul 07, 2019 8:33 am
We live in Manhattan :( , she can not afford rent here unless we get her into rent subsidized housing
How much is her rent?
by 22twain
Sat Jul 06, 2019 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Does saving 20% towards retirement starting in your twenties allow you to retire early?
Replies: 144
Views: 13519

Re: Does saving 20% towards retirement starting in your twenties allow you to retire early?

If you can live off Social Security (and perhaps a pension), and can keep working until you collect SS, you don't need to save anything. :twisted: Case in point: DW and I are both postponing SS until age 70. When we're both collecting, it will cover our normal expenses including taxes on the RMDs fr...
by 22twain
Sat Jul 06, 2019 10:33 am
Forum: Personal Investments
Topic: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?
Replies: 111
Views: 6101

Re: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?

No way to attach files to a post. However, if you happen to have some personal cloud space (ie Google Drive, Dropbox, etc) you may be able to upload your pdf to there and include the URL to the file in your message. Be sure your file is shared in such a way that it’s visible to the public. If it’s ...
by 22twain
Sat Jul 06, 2019 6:54 am
Forum: Personal Consumer Issues
Topic: No more print Mad magazine
Replies: 31
Views: 2121

Re: No more print Mad magazine

Summit111 wrote:
Fri Jul 05, 2019 9:26 pm
Spy vs Spy😎
Star Blecch.
201 Minutes of a Space Idiocy.
by 22twain
Thu Jul 04, 2019 3:55 pm
Forum: Personal Investments
Topic: 10 Years Till Retirement
Replies: 6
Views: 1086

Re: 10 Years Till Retirement

drk wrote:
Thu Jul 04, 2019 3:12 pm
It depends on expenses.
And on how much pension and Social Security you will get.
by 22twain
Mon Jul 01, 2019 5:36 pm
Forum: Personal Investments
Topic: De-Accumulation methods appropriate for a couple without a significant pension
Replies: 12
Views: 1249

Re: De-Accumulation methods appropriate for a couple without a significant pension

In addition to the methods you listed, check out Variable Percentage Withdrawal (VPW). There's a page about it in the wiki: https://www.bogleheads.org/wiki/Variable_percentage_withdrawal and if you enter "VPW" in the search box at the top right of this page you'll get more threads than you can read ...
by 22twain
Mon Jul 01, 2019 5:20 pm
Forum: Personal Investments
Topic: De-Accumulation methods appropriate for a couple without a significant pension
Replies: 12
Views: 1249

Re: De-Accumulation methods appropriate for a couple without a significant pension

How long will it be before Social Security starts, and what fraction of your expenses will it cover after it starts?
by 22twain
Mon Jul 01, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: At What Age or Point in your Career did your investments start outweighing your regular paychecks?
Replies: 85
Views: 10870

Re: At What Age or Point in your Career did your investments start outweighing your regular paychecks?

In my case, it was age 52, the last year of the run-up before the Great Recession.

After the recession my investments usually came out ahead, because (a) an inheritance boosted them by about 50%, and (b) I had to take a major pay cut for the last five years before I retired a couple of years ago.
by 22twain
Mon Jul 01, 2019 3:40 am
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 20009

Re: Do you share your net worth with family members?

If you own a small business, are a doctor, participated in an IPO, are a VP at a public company, are a partner somewhere, etc.. Or a government employee whose salary is public record... Fortunately I was never in any of these categories, except when I was a graduate student (research assistant at a...
by 22twain
Sun Jun 30, 2019 11:52 am
Forum: Personal Investments
Topic: Optimum distribution strategy after retirement in 2022
Replies: 21
Views: 1387

Re: Optimum distribution strategy after retirement in 2022

The thing I come back to on working until FRA or delaying SS until age 70 is that will increase my monthly benefit by at most several hundred dollars per month. Delaying SS from age 62 to 70 would increase your monthly benefit by more than "several hundred" dollars. If I file for Social Security at...
by 22twain
Sat Jun 29, 2019 11:34 am
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 102
Views: 10017

Re: Walking Cities, potential for retirees

We just spent 3 days in Greenville, SC. Some nice downtown condos with everything within walking distance, including bars and restaurants, a Fenway Park replica minor league baseball stadium, and a 15,000 seat arena that houses a minor league hockey team and numerous big time concerts. Better hurry...
by 22twain
Fri Jun 28, 2019 9:00 am
Forum: Personal Consumer Issues
Topic: Moving to North Carolina from NYC
Replies: 99
Views: 14602

Re: Moving to North Carolina from NYC

I'm actually more of a fish camp fan myself... :)
by 22twain
Fri Jun 28, 2019 8:35 am
Forum: Personal Consumer Issues
Topic: Moving to North Carolina from NYC
Replies: 99
Views: 14602

Re: Moving to North Carolina from NYC

RadAudit wrote:
Fri Jun 28, 2019 8:08 am
what they serve in parts of SC
I guess you mean that yucky yellow stuff they use in the Midlands. :twisted: Fortunately I'm in the fringe of that area, so I can choose which kind of sauce I use. :beer
by 22twain
Thu Jun 27, 2019 5:14 pm
Forum: Personal Consumer Issues
Topic: Website design help
Replies: 22
Views: 1174

Re: Website design help

How does one show ownership of a website (a website name)? You show that you own a domain name by demonstrating that you can control where it points to, by changing settings in your domain registrar's control panel. If you want to move your site to a different web host, you set up your pages at the...
by 22twain
Thu Jun 27, 2019 4:30 am
Forum: Personal Investments
Topic: Retired: Don't want to outlive my funds
Replies: 62
Views: 6590

Re: Retired: Don't want to outlive my funds

My major concern with the 4% guideline is with the execution post retirement, inflating the offtake to match inflation. Why are people arguing about the 4% guideline/rule/whatever yet again in THIS THREAD? The OP is nowhere near the "bleeding edge" of 4%, at $8K annual spending from more than $1 mi...
by 22twain
Wed Jun 26, 2019 4:37 pm
Forum: Personal Investments
Topic: TIAA Traditonal & RE: Auto RMD or Income?
Replies: 4
Views: 453

Re: TIAA Traditonal & RE: Auto RMD or Income?

Is your Traditional account the liquid kind that you can simply withdraw the money from, or is the illiquid kind that (if you don't choose the RMD or lifetime income options) has to be withdrawn via a Transfer Payout Annuity (ten payments over "nine years and a day")? Note that if you take the RMD o...
by 22twain
Wed Jun 26, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ally savings acct lowers rate by 10 bps to 2.1%
Replies: 38
Views: 4860

Re: Banks dropping Online Savings Rates...

Explorer wrote:
Wed Jun 26, 2019 3:05 pm
...already I received an email from Ally stating they are reducing from 2.2% to 2.1% the interest rate on their online savings
Already noted here:
viewtopic.php?p=4611926#p4611926
by 22twain
Tue Jun 25, 2019 8:48 pm
Forum: Investing - Theory, News & General
Topic: Accumulating ETF's why are we (US tax payers) prohibited?
Replies: 12
Views: 1366

Re: Accumulating ETF's why are we (US tax payers) prohibited?

Cref Stock doesn’t distribute dividends. What’s the legal workaround there? It’s technically an annuity? Yes, I think so. Also, it's inside a tax-deferred account, in this case a 403(b) plan. Some 401(k) plans offer collective investment funds / trusts, which IIRC don't distribute dividends either....
by 22twain
Tue Jun 25, 2019 9:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans to Launch Commodities Fund
Replies: 187
Views: 18370

Re: ew vangurd Commodity Fund

[no longer applicable]
by 22twain
Mon Jun 24, 2019 4:03 pm
Forum: Personal Investments
Topic: Index fund (voo) returns?
Replies: 21
Views: 1512

Re: Index fund (voo) returns?

People have been predicting lower-than-historical returns ever since 2009. It's a mug's game. Pick an asset allocation that you can live with during good markets and bad. Stick with it until/unless there are changes in your personal situation: a windfall, severe illness or disability, retirement, etc.
by 22twain
Mon Jun 24, 2019 6:55 am
Forum: Investing - Theory, News & General
Topic: what is N/A debt to equity ratio?
Replies: 6
Views: 517

Re: what is N/A debt to equity ratio?

urizaf wrote:
Mon Jun 24, 2019 1:52 am
debt to equity ratio?
Of what?
by 22twain
Sun Jun 23, 2019 12:14 pm
Forum: Personal Consumer Issues
Topic: Outdoor vs Indoor HD antenna
Replies: 31
Views: 1322

Re: Outdoor vs Indoor HD antenna

Do you folks with antennas just watch PBS, have TiVo/RePlayTV, or suffer through commercials? We have a TiVo with a lifetime subscription, so no monthly fee. We watch NBC, CBS, and ABC, mostly for local and national news, and some game shows. I'm not a big sports fan, but I do watch things like the...
by 22twain
Sun Jun 23, 2019 9:42 am
Forum: Personal Investments
Topic: Switch 403(b) to an IRA or Stay?
Replies: 17
Views: 830

Re: Switch 403(b) to an IRA or Stay?

I'd be surprised if the TIAA option isn't at least halfway decent. However, I have no idea what their K-12 plans are like, because mine is at the college level.
by 22twain
Sun Jun 23, 2019 9:07 am
Forum: Personal Consumer Issues
Topic: Outdoor vs Indoor HD antenna
Replies: 31
Views: 1322

Re: Outdoor vs Indoor HD antenna

Effectiveness of an indoor antenna depends entirely on where your house is compared with where broadcast towers are, as well as intervening obstacles such as tall buildings or hills. The materials your house is built of can also make a significant difference. I've read that stucco walls in particul...
by 22twain
Sat Jun 22, 2019 10:32 pm
Forum: Personal Consumer Issues
Topic: Discounted Postage Stamps
Replies: 45
Views: 4130

Re: Discounted Postage Stamps

If one was at a garage sale and someone was selling 400 Bugs Bunny self-adhesive 32c stamps which have a FV of $128 for $64, do you think this would be a good purchase financially if one were to use the stamps on packages, even if they only mail one or two packages a year? If there is a large incre...
by 22twain
Fri Jun 21, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Permanent DINK couples - Considerations, thoughts, etc?
Replies: 97
Views: 10147

Re: Permanent DINK couples - Considerations, thoughts, etc?

Why do couples even marry if they have made a conscious decision not to have children? My wife and I were professors at a small church-related college in a small town in the South. (Not fundamentalist by any means, but associated with a mainline denomination.) When we got together in the late 1980s...
by 22twain
Thu Jun 20, 2019 9:52 pm
Forum: Personal Consumer Issues
Topic: Moving to North Carolina from NYC
Replies: 99
Views: 14602

Re: Moving to North Carolina from NYC

caffeperfavore wrote:
Thu Jun 20, 2019 11:40 am
some of the goofier transplants from NYC, NJ, and oddly, Ohio.
As people in Michigan say, "What's a Buckeye? Some kind of nut?" :P
by 22twain
Wed Jun 19, 2019 10:52 pm
Forum: Investing - Theory, News & General
Topic: Admiral shares or etf
Replies: 2
Views: 413

Re: Admiral shares or etf

Here's a recent thread (started last Friday) about ETFs versus mutual funds:

viewtopic.php?f=1&t=283425
by 22twain
Wed Jun 19, 2019 12:49 pm
Forum: Personal Investments
Topic: Basic questions
Replies: 7
Views: 778

Re: Basic questions

1) Is it common or accepted to invest in funds to achieve Three Fund Portfolio along with a Life strategy funds or target date funds? Or since they are investing into same index funds, one simply chooses either but not both? Normally, people here recommend the latter: use one or the other. This sim...
by 22twain
Wed Jun 19, 2019 10:43 am
Forum: Personal Investments
Topic: Portfolio question for an atypical couple
Replies: 12
Views: 1888

Re: Portfolio question for an atypical couple

Or, if you sell your rentals, you'll have a total of $670K + $250K + $5K + $6K = $931K. The classic 4% rule of thumb gives you about $37K of withdrawals per year. Adding $72K of Social Security gives you $109K, about the same as if you keep the rentals. But... the 4% rule of thumb is for a 30-year p...