Search found 1884 matches

by 22twain
Mon Jun 24, 2019 4:03 pm
Forum: Personal Investments
Topic: Index fund (voo) returns?
Replies: 17
Views: 996

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: 452

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: 1200

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: 754

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: 1200

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: 3939

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: 9824

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: 94
Views: 13912

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: 397

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: 752

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: 1805

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...
by 22twain
Tue Jun 18, 2019 7:23 am
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 110
Views: 9648

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

The title of this thread reminded me of a long-ago book on a completely different subject:

"The Grass Is Always Greener Over the Septic Tank"

Might be a useful bit of financial wisdom, too. 8-)
by 22twain
Mon Jun 17, 2019 11:33 am
Forum: Personal Investments
Topic: Alternative to $3,000 minimums at Vanguard
Replies: 13
Views: 812

Re: Alternative to $3,000 minimums at Vanguard

Or start with VTSAX and add other funds when you have enough money. This. After you have the three funds in place with their minimums, you can add new money to them in any amounts you like. It won't kill you to have an imperfect asset allocation for 9-12 months at the very beginning of your investi...
by 22twain
Sun Jun 16, 2019 7:40 am
Forum: Personal Investments
Topic: High net worth individual seeks portfolio advice
Replies: 81
Views: 8560

Re: High net worth individual seeks portfolio advice

My current total net worth is 10.5 million, with 9 million in cash spread out across high yield savings accounts for maximum FDIC coverage, currently earning 2.5%. My income is about 2 million per year before taxes, but I'm hoping to sell my business in the next 6 months for somewhere in the 5-9 mi...
by 22twain
Sat Jun 15, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: Gift Card and Shopping App Economics?
Replies: 1
Views: 220

Re: Gift Card and Shopping App Economics?

Surely the information that the app collects about you and your shopping habits is worth something.
by 22twain
Sat Jun 15, 2019 6:31 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 50
Views: 4854

Re: Should I invest 100k into a total index or do it slowly

The Bogleheads wiki has an entry about this: https://www.bogleheads.org/wiki/Dollar_cost_averaging#Dollar_cost_averaging_versus_lump_sum The question "lump sum versus dollar cost average (DCA)" has been discussed here many times, probably at least a couple of times a week. The forum search turns up ...
by 22twain
Sat Jun 15, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: IPhone 6 - showing some age
Replies: 67
Views: 4443

Re: IPhone 6 - showing some age

The iPhone 6 will not run iOS 13 which is coming out this fall. It will remain "stuck" at whatever the final update to iOS 12 turns out to be. To run iOS 13 you need at least an iPhone 6S. https://www.techradar.com/news/ios-13-features This will probably finally push me to replace my iPhone 5S, whic...
by 22twain
Sat Jun 15, 2019 7:01 am
Forum: Personal Investments
Topic: [ETF vs. Mutual Fund questions]
Replies: 33
Views: 1342

Re: which is better ETF or MF ???

bgf wrote:
Sat Jun 15, 2019 6:54 am
its probably one of the least important decisions you'll make with respect to investing.
And the least important decisions tend to lead to the most heated arguments, as the thread linked in a previous post demonstrates. :wink:
by 22twain
Fri Jun 14, 2019 10:48 pm
Forum: Personal Investments
Topic: Higher dividend VG MF than VTSAX ? [Vanguard Mutual Fund]
Replies: 20
Views: 1543

Re: Higher dividend VG MF than VTSAX ?

looking wrote:
Fri Jun 14, 2019 9:56 pm
what is VG MF ?????
Vanguard mutual fund.
by 22twain
Fri Jun 14, 2019 9:45 am
Forum: Personal Consumer Issues
Topic: The Upper Peninsula (UP) in August....What to do, Where to stay?
Replies: 36
Views: 2623

Re: The Upper Peninsula (UP) in August....What to do, Where to stay?

The Quincy tour is quite the eye opener to get a partial understanding of the danger of the work. I remember seeing in the museum there, old bilingual warning notices: English and Finnish! On that trip about 15 years ago, we picked up one of these bumper stickers at a souvenir shop: http://dayooper...
by 22twain
Fri Jun 14, 2019 9:34 am
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 213
Views: 21505

Re: How have your homes as investments done?

Small town in the South. No appreciation after inflation. We paid $70K in 1988; the seller probably could have gotten about $80K but wanted to sell quickly without dealing with a realtor. Zillow now shows $165K. I'm skeptical, because the house next door sold last year for $164K, and it's bigger, an...
by 22twain
Fri Jun 14, 2019 7:31 am
Forum: Personal Investments
Topic: Higher dividend VG MF than VTSAX ? [Vanguard Mutual Fund]
Replies: 20
Views: 1543

Re: Higher dividend VG MF than VTSAX ?

because we do want income, not just total return So you want to have the money arrive automatically, instead of having to make a few mouse clicks to sell some shares? Note that with a mutual fund (but not, usually, an ETF) I think you can set up automatic sales once a month or perhaps some other in...
by 22twain
Fri Jun 14, 2019 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Got a refund today they only would put in back on the visa card. Later I found out that card has been closed nine months
Replies: 22
Views: 2443

Re: Got a refund today they only would put in back on the visa card. Later I found out that card has been closed nine mo

What sort of thing leads to a refund on a purchase that was made at least nine months ago? :confused

Maybe a far-in-advance alrline ticket?
by 22twain
Fri Jun 14, 2019 12:16 am
Forum: Personal Consumer Issues
Topic: Alternatives to car rental for three months?
Replies: 53
Views: 3412

Re: Alternatives to car rental for three months?

How far away is it? Is driving there and back out of the question? It looks like you have two very small kids, in which case I can understand not wanting to drive more than a day or two each way.
by 22twain
Thu Jun 13, 2019 9:54 pm
Forum: Investing - Theory, News & General
Topic: Should you buy VTSAX or VTI in a taxable account?
Replies: 16
Views: 1648

Re: Should you buy VTSAX or VTI in a taxable account?

VTI and VTSAX are merely different share classes of the same fund. Therefore I would expect any tax advantages of VTSAX to carry over to VTI, or vice versa.
by 22twain
Thu Jun 13, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 522
Views: 42879

Re: Why are you NOT buying rental properties?

When I was growing up in a small industrial city in the Midwest, nobody in my family (as far as I know) invested in rental properties, so it's not "in my blood." During our 30+ year college-teaching careers, DW and I made enough money to support our lifestyle and save a decent amount for retirement,...
by 22twain
Wed Jun 12, 2019 11:47 pm
Forum: Investing - Theory, News & General
Topic: Opening a Robinhood account for fun - Is it worth it?
Replies: 18
Views: 2104

Re: Opening a Robinhood account for fun - Is it worth it?

I guess as a hobby, it could be fun, if that is your cup of tea. Spinola, many successful long term investors will take 1% of their money and use it to pick individual stocks. It provides them enough fun (and distraction) so that they can keep 99% of their money in low-cost index funds. In other wo...
by 22twain
Wed Jun 12, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: How to preserve $10M+ in wealth owned by unsophisticated people?
Replies: 82
Views: 14510

Re: How to preserve $10M+ in wealth owned by unsophisticated people?

a lot of posters here that don't live in big US coastal cities might find it hard to believe that somebody living for over 50 years in a city and buying real estate from just the savings of their job can amass a small fortune more or less by just luck* (as in being in the 1% in wealth, which is def...
by 22twain
Tue Jun 11, 2019 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: RMD and expected life span
Replies: 30
Views: 2633

Re: RMD and expected life span

celia wrote:
Tue Jun 11, 2019 7:12 pm
a few months ago I read that a government agency was tasked with looking into this.
Yes, this is discussed in the Kitces post that I linked to.
by 22twain
Tue Jun 11, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: Pairing Sherwin Williams "Accessible Beige"
Replies: 16
Views: 950

Re: Pairing Sherwin Williams "Accessible Beige"

Walkure wrote:
Tue Jun 11, 2019 5:36 pm
Agree on Aesthetic White being a good choice. Ibis White could also work, slightly lighter. To complement the tone of the walls you might try Smart White, Toque White, or Modest White.
Who'd a thunk there were so many different kinds of white? :shock:
by 22twain
Tue Jun 11, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: RMD and expected life span
Replies: 30
Views: 2633

Re: RMD and expected life span

According to a blog post by Michael Kitces last year, the RMD divisor tables were last updated in 2002. If they were updated to reflect current longevity data, the first year's RMD would decrease from about 3.65% to maybe about 3.4%.
by 22twain
Mon Jun 10, 2019 4:53 pm
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 6988

Re: Do you drive old cars for long distance travels?

For nearly 20 years, DW and I made a 1500-mile round trip twice a year to visit my parents in Florida. Most years we also made a 1500-2000 mile trip to the Midwest or Northeast, and even some 4000-4500 mile trips out West. We haven't done the Florida trips since my parents passed away, but we still ...
by 22twain
Mon Jun 10, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: OT: Ideas for Detroit Downtown visit
Replies: 12
Views: 688

Re: OT: Ideas for Detroit Downtown visit

Check out Windsor, Ontario which is just across the river. Just be sure to bring your passport with you. You can leave your car in a garage in downtown Detroit (there's probably one not far from the Fox Theater) and take the Tunnel Bus which loops through both downtowns. It runs every half hour unt...
by 22twain
Mon Jun 10, 2019 4:03 pm
Forum: Personal Investments
Topic: Moving from Rat Race to FIRE, Near All-Time Highs (Best Way to Invest Account Sitting in 100% Cash)
Replies: 35
Views: 5988

Re: Moving from Rat Race to FIRE, Near All-Time Highs (Best Way to Invest Account Sitting in 100% Cash)

deikel wrote:
Mon Jun 10, 2019 3:38 pm
bonds alone give you ca 2 %
Total Bond Market (BND) paid me in the 2.8-2.9% range last month.
by 22twain
Mon Jun 10, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: Sports classes in Universities
Replies: 60
Views: 3399

Re: Sports classes in Universities

He did show me the catalogs didn't have any such classes. But reading some of the responses above, apparently such classes might not even show up through a nominal search unless they are part of a degree requirement which, in his case, doesn't appear to be the case. Or they might offer intramural s...
by 22twain
Mon Jun 10, 2019 12:36 am
Forum: Personal Investments
Topic: Moving from Rat Race to FIRE, Near All-Time Highs (Best Way to Invest Account Sitting in 100% Cash)
Replies: 35
Views: 5988

Re: Moving from Rat Race to FIRE, Near All-Time Highs (Best Way to Invest Account Sitting in 100% Cash)

Taxable: US Stock (ticker symbol VTI) 30% Global Stock (ticker symbol VT) 30% (these two ETFs give 1/3 international, 2/3 US exposure) Intermediate term bond ETF (ticker symbol BIV) 20% Why did you choose an overlapping VTI+VT combination instead of: US Stock (VTI) 47% Ex-US stock (VXUS) 13% which ...
by 22twain
Sat Jun 08, 2019 6:59 am
Forum: Personal Consumer Issues
Topic: Sports classes in Universities
Replies: 60
Views: 3399

Re: Sports classes in Universities

The college from which I retired a few years ago had three forms of organized physical activity for students: 1. Intercollegiate competition under the NCAA: football, basketball, baseball, soccer, etc. Students were recruited for these while in high school, and some of them got full or partial schol...
by 22twain
Fri Jun 07, 2019 2:15 pm
Forum: Personal Consumer Issues
Topic: Sports classes in Universities
Replies: 60
Views: 3399

Re: Sports classes in Universities

how we could see if any such courses are offered at his university The university's web site should have an official catalog (sometimes called "bulletin") or other listing of all courses, including descriptions. This may be a big PDF file that you have to download (corresponding to the official pri...
by 22twain
Fri Jun 07, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house without a garage?
Replies: 95
Views: 5933

Re: Would you buy a house without a garage?

In my neighborhood in a small town in the South, fully enclosed garages are not common. We have a carport, not a cheap pre-fab one that is basically a fiberglass roof on poles, but a substantial one with brick columns, a wood-and-shingles roof, and a storage shed attached to the rear. Ours is separa...
by 22twain
Fri Jun 07, 2019 8:50 am
Forum: Personal Investments
Topic: Bonds and Investing
Replies: 31
Views: 3433

Re: Bonds and Investing

can you sell the bond fund at any time to raise cash? Or does buying it commit you to the life of the bond? A bond fund contains many many bonds. Probably every day, or at least every month, some of them mature. (I don't know whether bonds typically mature on certain days of the month.) Actually, m...
by 22twain
Thu Jun 06, 2019 10:02 am
Forum: Personal Investments
Topic: MF to ETF in taxable...
Replies: 6
Views: 365

Re: MF to ETF in taxable...

8hygro wrote:
Thu Jun 06, 2019 9:47 am
How would STCG and LTCG be differentiated between different shares?
When you sell shares that you've owned for less than one year, the gains are short term.

When you sell shares that you've owned for more than one year, the gains are long term.
by 22twain
Wed Jun 05, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 95
Views: 7907

Re: Walking Cities, potential for retirees

We live in a small rural town, population about 10,000 including the residential fringe outside the city limits. We're just inside the city limits, about a mile from the center of town: city hall, post office, a couple of drugstores, a couple of banks, various other small shops and restaurants / caf...
by 22twain
Tue Jun 04, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Social Security deductions after maxing out Social Security benefit?
Replies: 23
Views: 2276

Re: Social Security deductions after maxing out Social Security benefit?

Longdog wrote:
Tue Jun 04, 2019 11:49 am
the max salary of 35 years ago is adjusted upward in the benefits calculation and contributes the same as maxing out the salary this year.
Not quite. See the table in this post:

viewtopic.php?f=2&t=277289&p=4466735#p4466735
by 22twain
Mon Jun 03, 2019 8:08 pm
Forum: Personal Consumer Issues
Topic: Road Trip! Texas to Virginia places to see/visit
Replies: 21
Views: 1025

Re: Road Trip! Texas to Virginia places to see/visit

Valdeselad wrote:
Mon Jun 03, 2019 11:53 am
to SW Virgina
At the very southwestern tip of Virginia is Cumberland Gap National Historical Park.
by 22twain
Mon Jun 03, 2019 6:01 pm
Forum: Personal Consumer Issues
Topic: Road Trip! Texas to Virginia places to see/visit
Replies: 21
Views: 1025

Re: Road Trip! Texas to Virginia places to see/visit

Places that I've stopped in and enjoyed: Hot Springs, Arkansas (Bathhouse Row) Memphis (Mud Island Park, Beale Street, Civil Rights Museum; haven't done Graceland yet) Nashville (not into country music, but visited Andrew Jackson's Hermitage) Oak Ridge (museum about the Manhattan Project) Chattanoog...
by 22twain
Sat Jun 01, 2019 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 171
Views: 14947

Re: Fun paid jobs after FIRE

Just now I saw a TV-show segment about a guy who retired from an office job and now gives "eco-tours" in his boat on one of the North Carolina estuaries.
by 22twain
Sat Jun 01, 2019 6:07 pm
Forum: Personal Investments
Topic: New Here..A Couple Simple Questions..Vanguard VTSAX
Replies: 14
Views: 2398

Re: New Here..A Couple Simple Questions..Vanguard VTSAX

BryceterTheFIester wrote:
Mon May 27, 2019 9:51 pm
I just turned 30 years old.
Wiggums wrote:
Fri May 31, 2019 7:58 pm
I apologize if I missed it, do you know how much you will spend each year in retirement?
At that age, I rather doubt it. I certainly didn't, 35 years ago. :wink:
by 22twain
Sat Jun 01, 2019 12:42 pm
Forum: Investing - Theory, News & General
Topic: What Specifically is a Taxable Account?
Replies: 17
Views: 1112

Re: What Specifically is a Taxable Account?

I've only seen the term "taxable account" used here on this forum. Do people use it on other investing forums, too? The only other one I've used is Morningstar, but it's been years since I hung out there regularly, so I don't remember anything on this point. It's not a term used by banks, brokerages...
by 22twain
Sat Jun 01, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distributions
Replies: 57
Views: 4585

Re: Required Minimum Distributions

So contrary to my belief, is it better to have custodian withhold taxes from RMD rather than pay myself from taxable/savings? In that way it’s different from Roth conversions which favor latter approach. With Roth conversions it makes a difference because if you pay the tax from funds from your tax...