Search found 1402 matches

by 22twain
Sat Jul 21, 2018 3:34 am
Forum: Investing - Help with Personal Investments
Topic: 403B rollover to IRA ? on what to do with it, want just one mutual ?
Replies: 7
Views: 286

Re: 403B rollover to IRA ? on what to do with it, want just one mutual ?

You could put all the 403b money into a total stock market ETF. That would make about 30% of the total of that money plus the CD and the money-market funds, which most people where would consider to be a conservative allocation. Vanguard's VTI is apparently no longer commission-free at TDA, but ther...
by 22twain
Thu Jul 19, 2018 5:14 am
Forum: Personal Consumer Issues
Topic: Computer Clocks
Replies: 17
Views: 1498

Re: Computer Clocks

I just checked the 'Date & Time' panel in my Mac Pro's System Preferences, which is configured to set the time automatically via time.apple.com. It was about 20 seconds ahead of my iPhone. I suspects it normally sets the time when the system boots up, which was most recently about 20 hours ago. I de...
by 22twain
Wed Jul 18, 2018 2:46 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 68
Views: 4571

Re: $540 a month on food for graduate student budget too much?

An intermediate step between fast food & home cooking is pre-made food. Burritos, subs, tacos, pizza can be found in the freezer case. My local Wal-Mart has several varieties of Lean Cuisine (Stouffer's) and Weight Watchers frozen entrees for $2 each. These usually have a few veggies, but when I us...
by 22twain
Sun Jul 15, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: need help pls
Replies: 19
Views: 1044

Re: need help pls

noLegend wrote:
Sun Jul 15, 2018 4:02 pm
is it possible to have IRA and 401k at the same time?
Yes, and the contribution limits are separate. If you're under age 50, you can contribute up to $5,500 to an IRA and up to $18,500 to a 401k. If you're age 50+, the limits are $6,500 and $24,500.
by 22twain
Sat Jul 14, 2018 5:50 am
Forum: Personal Consumer Issues
Topic: Rodents ate my car!
Replies: 61
Views: 5392

Re: Rodents ate my car!

by 22twain
Thu Jul 12, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: What's your *real* asset allocation?
Replies: 30
Views: 3063

Re: What's your *real* asset allocation?

Sandtrap wrote:
Thu Jul 12, 2018 4:46 pm
Regardless of how you "slice and dice" it, there's just "fruits" and "vegetables". One is more perishable than the other.
And then there are Twinkies which are supposedly imperishable. :twisted:
by 22twain
Thu Jul 12, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: How/where to allocate new money?
Replies: 10
Views: 798

Re: How/where to allocate new money?

I would set contributions to go in according to my target allocation, and then rebalance once a year if necessary, i.e if the % of stocks or bonds is off by more than a certain amount. I actually set my contributions to 50/50 during all of my working career, but only started rebalancing in my late 5...
by 22twain
Thu Jul 12, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: "Exchanging" ETFs
Replies: 5
Views: 491

Re: "Exchanging" ETFs

No tax consequences, so long as the money stays inside the IRA. I would be surprised if there are any fees or other costs in an account at Vanguard, but I don't have an account there so you should let someone who does, confirm this. (I have Vanguard ETFs in a brokerage account at T. Rowe Price, wher...
by 22twain
Thu Jul 12, 2018 3:01 am
Forum: Personal Consumer Issues
Topic: Trade War: time for Mac Upgrade?
Replies: 34
Views: 2928

Re: Trade War: time for Mac Upgrade?

Also, in my experience, when new models come out, the previous ones are discounted to clear out stock. That's when I've bought most of my Macs, going back 25+ years. My Mac Pro will be ten years old (a record for me) next month, and I haven't been able to upgrade the OS for a few years now, so I'm s...
by 22twain
Wed Jul 11, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: Printing photos from JPG files
Replies: 30
Views: 1102

Re: Printing photos from JPG files

Put the images on a thumb drive and you can take them to any Walgreens, CVS, Walmart and they will print them for you. You don't even have to take them there. I've uploaded images to Walmart's web site for printing, and picked them up at their nearest store a few hours later. I'd be surprised if yo...
by 22twain
Tue Jul 10, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3616

Re: Auto Tariffs: time to buy?

Pajamas wrote:
Tue Jul 10, 2018 8:54 am
Have you considered waiting to buy one of the newer models that burns coal?
Maybe this one? 8-)

Image
by 22twain
Tue Jul 10, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Investing cash into Vanguard target retirement fund
Replies: 20
Views: 1871

Re: Investing cash into Vanguard target retirement fund

I meant to ask whether VTSAX (admiral shares) shares be converted VTTSX (non admiral shares) without tax implications. I plan to invest >$10000. In order to "convert" from VTTSX to VTSAX, you need to (1) sell the first one and (2) buy the second one. If this is in an account at Vanguard, you can do...
by 22twain
Tue Jul 10, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 50
Views: 5210

Re: Where do you keep your Emergency Fund?

VSBSX: Vanguard Admiral Short Term Treasury Index Fund. Right now the SEC Yield is 2.48%. Pardon my naivety, but the SEC Yield means that this fund will pay approximately 2.48% per year in dividends/interest, but this fund is still susceptible to the volatility of the market (its value could go up ...
by 22twain
Sun Jul 08, 2018 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Income stream at 70
Replies: 29
Views: 2588

Re: Income stream at 70

But the bottom line is either they pay taxes now or pay taxes later. The taxes can’t be avoided. There is an exception. If they make charitable contributions directly from an IRA before they have completed their RMD for that year, then those contributions count as part of the RMD, but are not taxab...
by 22twain
Fri Jul 06, 2018 8:34 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 138
Views: 8950

Re: What time do you get up in the morning?

When I was working (small-college teaching) I usually woke up, or my wife woke me up, a bit before 7. (She had to do it if I spent too much time goofing off on the computer before going to bed.) Then it was about a half hour showering and getting dressed, a half hour eating breakfast, a few minutes ...
by 22twain
Fri Jul 06, 2018 6:11 am
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14528

Re: How to "retire" in your 30's article

gotester2000 wrote:
Fri Jul 06, 2018 4:18 am
What one needs is quality family time not quantity. Parent permanently sitting at home when both he and child is young
Not picking on you specifically, but would be the responses be similar if the parent were a "she" instead of a "he"? :wink:
by 22twain
Thu Jul 05, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: Any advice health insurance options for healthy 23 year old male in US seeking political asylum?
Replies: 19
Views: 1477

Re: Any advice health insurance options for healthy 23 year old male in US seeking political asylum?

Jordan4FI wrote:
Thu Jul 05, 2018 12:04 pm
He will only need it for this year.. 2019 the requirement and fine should be going away.
His health may make it unlikely that he will need medical care for illness, but it won't prevent him from getting run over by a truck or something similar.
by 22twain
Thu Jul 05, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 132
Views: 12771

Re: Best 401k Employer Match Structure

My former employer (a small private liberal-arts college) contributes to TIAA 403(b) accounts regardless of the employee contribution. The only factor is length of service. The contribution increases in stages to a maximum of about 7.5% in the fifth year of service. For most of my career, it was som...
by 22twain
Thu Jul 05, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Do I start with an IRA? Feeling a bit overwhelmed
Replies: 14
Views: 924

Re: Do I start with an IRA? Feeling a bit overwhelmed

There is a 401k with 2% matching at work that I haven't invested in The 2% match is free money, so you should contribute at least enough to your 401k to get that, unless the investment options are really really terrible. Also, the maximum contribution for a 401k is higher (currently $18,500 for som...
by 22twain
Wed Jul 04, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Index Fund vs. ETF for Long Term Investment
Replies: 21
Views: 1703

Re: Index Fund vs. ETF for Long Term Investment

If you start with investor shares, you can upgrade to admiral shares and get the lower expense ratio, when the amount in a single fund reaches $10K. In fact, I understand that Vanguard will automatically upgrade you anyway, some time after you pass that point.
by 22twain
Wed Jul 04, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: Index Fund vs. ETF for Long Term Investment
Replies: 21
Views: 1703

Re: Index Fund vs. ETF for Long Term Investment

2. Both VTSAX and VTI have the same expense ratio, but VTSAX has the $10,000 minimum (or $3,000 for VTSMX). What's the advantage for selecting the index fund with minimum balance over ETF with no minimum? Attempting to read between the lines here... are you asking this because you don't yet have th...
by 22twain
Wed Jul 04, 2018 6:30 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11047

Re: SS taken at 62 vs. 70, but measured from 70+

I'm actually just an X-gen I'm in my mid 60s so I could be collecting SS right now (so I know my projected benefits pretty closely), but I'm waiting until 70, when my annual benefit will be about $35K in today's dollars. I'll need to draw only about 10% of my savings during the 6 years that I'm wai...
by 22twain
Mon Jul 02, 2018 6:28 am
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8698

Re: "homemade dividends" from Total Stock Market fund

david1082b wrote:
Mon Jul 02, 2018 6:11 am
Dividends are the only strategy Apple has.
I suspect you inadvertently omitted a "not" here.
by 22twain
Mon Jul 02, 2018 6:17 am
Forum: Investing - Help with Personal Investments
Topic: Sanity check for retiree asset allocation heavy on CDs
Replies: 20
Views: 1757

Re: Sanity check for retiree asset allocation heavy on CDs

Have you tried Firecalc? It will give you a sense of the potential variability in your outcomes, based on historical data. There's a section where you can adjust the portfolio composition to match yours more closely. I once spent a lot of time working up my own spreadsheet to project my portfolio ba...
by 22twain
Sun Jul 01, 2018 8:26 am
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8698

Re: "homemade dividends" from Total Stock Market fund

If the investments in question are held in a 401k or TIRA, beware that eventually RMDs will force you to sell shares no matter how large the dividends are. Of course, you can immediately buy those shares back (or at least something similar) in a taxable account, if you have enough money from divide...
by 22twain
Sat Jun 30, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Local Bank Branch Consolidation - Huh?
Replies: 12
Views: 1015

Re: Local Bank Branch Consolidation - Huh?

If you have a safe-deposit box, it matters which physical branch it's at. :wink:
by 22twain
Fri Jun 29, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: I'm old, sold house and have $800k to invest.
Replies: 9
Views: 2464

Re: I'm old, sold house and have $800k to invest.

Have them cut you a check for your Required Mandatory Withdrawal (happy 70th and DO NOT FORGET TO DO THIS!) This applies only to a tax-deferred account like an IRA that he set up for himself, or a 401(k) or 403(b) retirement plan via his employer. I seriously doubt that he's going to be able to put...
by 22twain
Fri Jun 29, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 32406

Re: What is/ was your career and would you recommend it now?

I think you forgot to tell us that you often did not have to work during the summers. I did mention the long vacations, but it was probably easy to miss in all that verbiage. :oops: I actually taught during half of the summer semester for a long time. Then I happily gave that course to a new collea...
by 22twain
Thu Jun 28, 2018 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 32406

Re: What is/ was your career and would you recommend it now?

Heh, all these posts about academic careers burst out after I started writing this. However, mine was different from any of the ones I've seen so far. I was a college professor in a STEM field, at a small liberal-arts college in a small town in "flyover country." When I was in college and grad schoo...
by 22twain
Wed Jun 27, 2018 6:36 am
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 80
Views: 5134

Re: car for long-distance driving

Speaking of which, what IS your current vehicle and driving situation? I think you know better then everyone else how much comfort you need in a vehicle. I can't speak for the OP, of course, but as a probably outlying data point, we've always had smallish cars. For 20+ years we had a Chevrolet Priz...
by 22twain
Tue Jun 26, 2018 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Could Annuities be considered Bonds in AA
Replies: 27
Views: 1692

Re: Could Annuities be considered Bonds in AA

Another currently-running thread that covers the same territory:

viewtopic.php?f=10&t=252474
by 22twain
Tue Jun 26, 2018 6:28 am
Forum: Personal Consumer Issues
Topic: university admission issue
Replies: 27
Views: 3113

Re: university admission issue

Loik098 wrote:
Mon Jun 25, 2018 9:37 pm
rich wrote:
Mon Jun 25, 2018 9:31 pm
Also the website information was corrected after the acceptance was rescinded.
Was there any documentation kept from the time when the website was incorrect? Screenshots, emails, brochures?
The "Wayback Machine" might be helpful here.
by 22twain
Mon Jun 25, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 9747

Re: Stocks vs. rental property

So is not trying anything substantial/contrarian/extraordinary in life because other people or "psychologists" warned you not to. I have no interest in trying substantial/contrarian/extraordinary (financial) things because I don't have an entrepeneurial personality. I respect the things that entrep...
by 22twain
Sat Jun 23, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 10787

Re: Feel like I'm sinking money into international

harvestbook wrote:
Sat Jun 23, 2018 3:21 pm
Hamburger is on sale yet you want steak.
For some reason, that reminds me of the old standup line, "hey, what am I, chopped liver?" :)
by 22twain
Fri Jun 22, 2018 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 2755

Re: Taxes from dividends getting high.. how to handle?

DaBombCat wrote:
Fri Jun 22, 2018 10:05 pm
ordinary BDC dividends
BDC = ? :confused

Dividends from bond funds (at least the ones that I know about) are not "qualified" and are subject to tax at the rate for ordinary income. Is that what you're referring to?
by 22twain
Fri Jun 22, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Two Toyotas - time to update for long trips?
Replies: 25
Views: 2076

Re: Two Toyotas - time to update for long trips?

Just got back from a 1900 mile roadtrip in my Tacoma. No issues. Toyota's are the best. We've never owned an actual Toyota, because we live in a small town in the sticks, with only domestic-car dealers. Instead, we owned two Chevy Prizms (basically rebadged and slightly tweaked Toyota Corollas), on...
by 22twain
Thu Jun 21, 2018 5:58 am
Forum: Investing - Help with Personal Investments
Topic: help, inheritance of $3.5M, read & read BogleH, & still in the dark
Replies: 33
Views: 4469

Re: help, inheritance of $3.5M, read & read BogleH, & still in the dark

Tryn2C wrote:
Wed Jun 20, 2018 9:14 pm
My plan is to buy a home for about $1M
Some context might be helpful here. Are you somewhere like the San Francisco area where $1M gets you a rather modest house, or somewhere in "flyover country" where $1M gets you a mansion on a huge lot?
by 22twain
Wed Jun 20, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: What will (or would) you tip when wages go up?
Replies: 53
Views: 3595

Re: What will (or would) you tip when wages go up?

I was having a conversation with an old friend in KY who was telling me that many restaurants there don't report tips like they are supposed to so most of the waiters/waitresses make like $20 a day on paper then get $100 a day in cash tips. So if they work five days a week they earn about $30K per ...
by 22twain
Wed Jun 20, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: The Current Market
Replies: 22
Views: 1827

Re: The Current Market

Pajamas wrote:
Wed Jun 20, 2018 10:13 am
The last time it did something similar was in the second half of 2015.
That was the period during which I first noticed the term "bunny market." 8-)

Bulls and bears and bunnies, oh my...
by 22twain
Tue Jun 19, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: I don't trust my own estimate of expenses
Replies: 29
Views: 2451

Re: I don't trust my own estimate of expenses

For me EVERYTHING is paid through my one checking account. I just pulled 24 months of statements from the bank and summed the debits. Gave a pretty good picture. You can also get the total expenses for a given period (e.g. a year) quickly by calculating: Initial balance plus deposits (paychecks etc...
by 22twain
Tue Jun 19, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: What companies followed Vanguard to no-load???
Replies: 13
Views: 1064

Re: What companies followed Vanguard to no-load???

T. Rowe Price had no-load funds around 1970. My father started investing with them when I was in high school at that time, IIRC on the recommendation of an article in Consumer Reports magazine which strongly preferred no-load funds.
by 22twain
Mon Jun 18, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security advice needed
Replies: 28
Views: 2053

Re: Social Security advice needed

Under the current law, the reduction would impact everyone's social security benefits by an equal percent. According to a recent report (last week!) by the Congressional Research Service, https://fas.org/sgp/crs/misc/RL33514.pdf The Social Security Act does not stipulate what would happen to benefi...
by 22twain
Mon Jun 18, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: How do folks pull retirement income out of Wellesley?
Replies: 12
Views: 2041

Re: How do folks pull retirement income out of Wellesley?

Since you're relatively new here, you might want to look over the many many many threads about "dividends for income" investing versus "total return" investing (getting income by both taking dividends and selling appreciated shares), and perhaps reconsider any insistence on sticking to dividends for...
by 22twain
Mon Jun 18, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: Do you have to invest in Bond ETF?
Replies: 7
Views: 907

Re: Do you have to invest in Bond ETF?

Currently I'm buying VOO and VTI. Why both? VTI (Total Stock Market Index) contains everything that VOO (S&P 500 Index) does. Are you deliberately aiming to "overweight" or "tilt towards" the S&P 500 stocks with respect to the total market? My impression is that most people around here who "tilt" f...
by 22twain
Sat Jun 16, 2018 6:48 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17447

Re: Life in retirement - what did you do today?

Yesterday I took a mini-roadtrip to a hobby show about 130 miles away. The trip out took about 3.5 hours along rural roads and through small towns, with lunch along the way so as to avoid the expensive convention-center food concessions. Then a couple of hours checking out dealers' displays. The tri...
by 22twain
Thu Jun 14, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up 300k Ira. ..
Replies: 13
Views: 634

Re: Setting up 300k Ira. ..

ETFS have to many fees Vanguard Total Stock Market ETF has an expense ratio of 0.04%, and no transaction fees if you hold it at Vanguard. That's $120 per year on your $300K. That's about as low as you can get except maybe for a basket of individual stocks (which have no expense ratio) if you can fi...
by 22twain
Mon Jun 11, 2018 11:51 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17447

Re: Life in retirement - what did you do today?

A lot of BHs seem to struggle with the concept of filling their previous working hours with their own creative agenda. A thread like this may give them some practical examples of how to fill their day. Or it may reinforce their idea that people in retirement fill their day doing boring things. As o...
by 22twain
Mon Jun 11, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 3421

Re: How to convince my co-worker to invest more?

When I was 26, I was halfway through my Ph.D. studies. I didn't start saving "officially" for retirement until I became eligible for a 403(b) plan during my first teaching job after grad school, at the ripe old age of 30. I retired 33 years later. My wife, also a college professor, had a similar car...
by 22twain
Mon Jun 11, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 17447

Re: Life in retirement - what did you do today?

livesoft wrote:
Mon Jun 11, 2018 10:02 am
Tidied house for the maids who come this afternoon.
Uh... aren't the maids supposed to do that? :shock: