Search found 1508 matches

by 22twain
Tue Oct 16, 2018 10:56 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut cord?
Replies: 175
Views: 20607

Re: How many of you have cut cord?

I cut the cable cord more than 30 years ago. I was in an apartment in a small town in the south, paying about $12 per month for the local broadcast channels plus C-Span and maybe a shopping channel or two. Then I got married. We bought a house that came with an antenna on the roof, and an antenna ro...
by 22twain
Tue Oct 16, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Visiting the Statue of Liberty
Replies: 4
Views: 296

Re: Visiting the Statue of Liberty

stilllurking wrote:
Tue Oct 16, 2018 8:10 pm
We'll be traveling from the NJ side [...] where to park?
Liberty State Park.

https://www.nps.gov/stli/planyourvisit/directions.htm
by 22twain
Tue Oct 16, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer VTSAX & VTIAX to Chase You Invest?
Replies: 14
Views: 771

Re: Transfer VTSAX & VTIAX to Chase You Invest?

If you're going to have to convert the shares anyway, why not convert to ETFs? As already noted, ETFs are more portable than ordinary mutual funds.
by 22twain
Mon Oct 15, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 157
Views: 12911

Re: Correlation between the FIRE movement and one of the greatest bull markets

bhsince87 wrote:
Mon Oct 15, 2018 4:15 pm
So in your opinion, someone like Peyton Manning shouldn't tell people he's retired?
I would say he's retired from football, but not retired from working in general. A similar example: people who have retired from the military but are working in a second career.
by 22twain
Mon Oct 15, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 73
Views: 3418

Re: How Much Is Your Sewer Bill?

Two people, single-family house, no sprinklers, small town in the South. Water is about $35 and sewer is about $55-$60 per month.
by 22twain
Sun Oct 14, 2018 11:23 pm
Forum: Personal Consumer Issues
Topic: Need new email address. Gmail or ???
Replies: 61
Views: 4265

Re: Need new email address. Gmail or ???

What benefit does Thunderbird (or any computer-resident email program) add [over gmail]? You can copy mail to local mail folders on your computer for offline archiving, and then delete it from the Gmail account. I did this when I retired from the college where I had worked for many years. It uses a...
by 22twain
Sun Oct 14, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Spousal Roth IRA contribution--new account or existing?
Replies: 4
Views: 350

Re: Spousal Roth IRA contribution--new account or existing?

I retired a couple of years ago and no longer have earned income. However, my wife still works part time, so I've continued to make contributions to my Roth IRA. If you file jointly, all that matters is that (a) the total contributions to your and your spouse's IRA must not exceed your combined tota...
by 22twain
Sun Oct 14, 2018 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Have you annuitized some of your money?
Replies: 67
Views: 5555

Re: Have you annuitized some of your money?

I too like the concept of annuitizing enough income alongside Social Security, to cover normal basic living expenses, and using portfolio withdrawals to cover "fun stuff" and irregular or one-off expenses such as new cars, new roof, etc. Both of our main retirement accounts are at TIAA which has ann...
by 22twain
Sat Oct 13, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: Need new email address. Gmail or ???
Replies: 61
Views: 4265

Re: Need new email address. Gmail or ???

I would see no reason why you'd ever need to change your gmail account. I do have a private domain but they aren't free to use with Gmail anymore and configuration can be a bit of work for new private domains. Unless you have a real and defined need, it doesn't seem worth the trouble. Straight norm...
by 22twain
Sat Oct 13, 2018 12:42 am
Forum: Personal Consumer Issues
Topic: Census [Received form in mail]
Replies: 21
Views: 1707

Re: Census

I got a form in the mail last week that looks like it is from the federal govt. It asks me to log onto a website Is the website at a census.gov address, or possibly some other .gov address? If not, that would raise big red warning flags for me. Don't rely on the address that's displayed in the e-ma...
by 22twain
Thu Oct 11, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: Route-66 trip recommendations
Replies: 38
Views: 1771

Re: Route-66 trip recommendations

I Googled "Route 66 Tours" and this was the first one that came up...... https://www.trafalgar.com/en-us/tours/t/route-66?tripcode=drst Ha ha, their itinerary looks like it contains all the stops I suggested. My guess of two weeks from Chicago to LA was only one day off! 8-) Another site I remember...
by 22twain
Thu Oct 11, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: Route-66 trip recommendations
Replies: 38
Views: 1771

Re: Route-66 trip recommendations

This is for one of my relatives who are in Europe and would like to do the "route-66" trip. I have not done this trip but are there travel agencies who can plan these? Are they looking for some kind of package deal like an escorted bus tour? I've always thought of this sort of thing in terms of a d...
by 22twain
Wed Oct 10, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: How are stock dividends and bond coupons distributed in funds investment?
Replies: 6
Views: 443

Re: How are stock dividends and bond coupons distributed in funds investment?

butforwales wrote:
Wed Oct 10, 2018 1:17 pm
In the context of 401k
As you can see, the general answer is "it depends on how your plan is set up." So "in the context of your 401K", the answer is whatever your plan's documentation says.
by 22twain
Wed Oct 10, 2018 5:00 pm
Forum: Forum Issues and Administration
Topic: My threads or posts.
Replies: 6
Views: 619

Re: My threads or posts.

Or look at the right side of one of your posts, e.g. in this thread. See the line "Posts: 5" or whatever the number is when you see this? Click on the number, and you'll get a list of your posts. This works for anybody else's posts, too.
by 22twain
Tue Oct 09, 2018 9:39 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 209
Views: 14197

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

driving in the snow so seems like snow tires is necessary and 2 cars which none are 4wd. Although I live in the South now, I spent my first 30 years in northern OH, southeastern MI and upstate NY, where snow is a regular thing in the winter. Neither my parents nor I ever had snow tires or 4WD. In t...
by 22twain
Tue Oct 09, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: Dayton, Ohio -- Worth Visiting?
Replies: 39
Views: 2938

Re: Dayton, Ohio -- Worth Visiting?

There seem to be some Wright Brothers sites in Dayton. Have a look on the web and see if they interest you. Dayton Aviation Heritage National Historical Park This has two Wright brothers sites: the Wright cycle shop and visitor center just west of downtown, and the Huffman Prairie flying field, whe...
by 22twain
Tue Oct 09, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate/state your income?
Replies: 13
Views: 1196

Re: How do you calculate/state your income?

Yes, here in BH. I state gross wage income also (active only). I guess when I retire I will calculate it differently? SS + dividend + rental + 401k withdrawal? I mentally keep "withdrawals" and "income" separate. Money that comes from my investments counts as "withdrawals". This includes interest a...
by 22twain
Tue Oct 09, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Too risky?
Replies: 13
Views: 1571

Re: Too risky?

Another issue is how dependent you will be in your assets when you retire. That is, (a) how much do you plan to spend each year in retirement, including taxes, Medicare or other health insurance, etc.? (b) how much income will you receive from non-portfolio sources (pensions, Social Security, renta...
by 22twain
Tue Oct 09, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: New Corp Questions
Replies: 9
Views: 675

Re: New Corp Questions

iceddante wrote:
Wed Oct 03, 2018 9:04 pm
I am transitioning from FTE to C2C
OK... "FTE" means "full time employee" to me, and makes sense in this context, but "C2C" had me scratching my head. So I did a Google search. I'm still scratching my head...

https://en.wikipedia.org/wiki/C2C

:confused
by 22twain
Mon Oct 08, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Engineering/chemistry guys need ya for Scientific Notation
Replies: 8
Views: 958

Re: Engineering/chemistry guys need ya for Scientific Notation

There is, in this case, no need to use the ^ symbol. The caret symbol (^) is a common way to indicate superscripts on typographically-challenged systems. Fortunately, this forum is not so challenged. One can use the "sub" and "super" buttons at the top of the editing window to write the following: ...
by 22twain
Mon Oct 08, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Here is a way to fix the current ACA mess. I need comments.
Replies: 4
Views: 584

Re: Here is a way to fix the current ACA mess. I need comments.

In before the lock or deletion...

The OP is relatively new here, so he/she may not be aware that this forum does not allow discussion/speculation/proposals about future legislation.
by 22twain
Mon Oct 08, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: 4% rule question
Replies: 22
Views: 3085

Re: 4% rule question

The way I look at it, the 4% figure in the "4% rule of thumb" has to cover all expenses, including money that you don't spend "on yourself:" taxes, investing fees (e.g. the 1% AUM fee in a managed account), etc. Different people have different tax situations in retirement, depending on the ratio of ...
by 22twain
Sat Oct 06, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Is it better to have fewer investment choices?
Replies: 23
Views: 1699

Re: Is it better to have fewer investment choices?

Is it possible to just own the funds and not have a "brokerage" account? You can just own traditional mutual funds at Vanguard, but you have to do in a "brokerage" account, at least if you're a new customer. As I understand it from reading posts here (I'm not at Vanguard myself), Vanguard formerly ...
by 22twain
Sat Oct 06, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3669

Re: Income (US vs Europe)

Valuethinker wrote:
Sat Oct 06, 2018 1:09 pm
Similarly the US has the world's largest healthcare industry and doctors and administrators in that industry are extremely well paid compared to other countries.
Which is probably connected with the US having the highest per-capita expenditures for health care, in the world.
by 22twain
Sat Oct 06, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: WSJ: Jack Bogle’s Bogleheads Keep Investing Simple. You Should Too.
Replies: 12
Views: 1783

Re: WSJ: Jack Bogle’s Bogleheads Keep Investing Simple. You Should Too.

Hmm - what's so bad about ETFs ? IIRC Bogle's main argument is that ETFs make it too easy to fall into day-trading type behavior with mutual funds. Of course, that depends on each person's personality. I suspect that Bogle thinks that taking the population as a whole, including those who should be ...
by 22twain
Sat Oct 06, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Retired 66 year old
Replies: 10
Views: 2208

Re: Retired 66 year old

Another important factor is your total expected expenses, including taxes, especially how they compare to your SS+pension of nearly $45,000.
by 22twain
Sat Oct 06, 2018 12:11 am
Forum: Investing - Theory, News & General
Topic: T. Rowe Price brokerage account
Replies: 4
Views: 500

Re: T. Rowe Price brokerage account

I have an ordinary (taxable) brokerage account and a brokerage Roth IRA account at TRP, both containing the "standard" Vanguard 3-fund portfolio ETFs. I started at TRP with their mutual funds about ten years ago when I received an inheritance. When I found out about Bogleheads and the 3-fund portfol...
by 22twain
Fri Oct 05, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Saving/CD rate VS Stock/ETF .....Tax Rate ?
Replies: 3
Views: 429

Re: Saving/CD rate VS Stock/ETF .....Tax Rate ?

1 - Whats the tax rate on stock/etf profit if we sell it within a year ? These are short-term capital gains, which are taxed the same as earned income (your salary from work). 2 - with saving account/CD rates rising, whats the Tax rate on saving account/CD profit ? Interest on bank accounts (includ...
by 22twain
Thu Oct 04, 2018 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement investing with an inheritance windfall
Replies: 2
Views: 480

Re: Retirement investing with an inheritance windfall

If you have a 401K plan at work (or something similar like a 403B, 457, etc.), but aren't contributing the maximum to it, then start doing so. Draw from your inheritance money as needed to make up for the reduced take-home pay. Also do the Roth IRA. I received a similar size inheritance about ten ye...
by 22twain
Thu Oct 04, 2018 1:24 am
Forum: Personal Consumer Issues
Topic: Thinking of moving to Texas, Iowa, Idaho, or North Carolina
Replies: 209
Views: 14197

Re: Thinking of moving to Texas, Iowa, Idaho, or North Carolina

and what do you mean "the man will get his money?" "The man" is slang (in some groups, at least) for the government, in this case state and local govermnents. They need money in order to provide services. Different states use different combinations of various taxes and fees in order to raise that m...
by 22twain
Wed Oct 03, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Roth contributions when working part year maxing 401k
Replies: 5
Views: 282

Re: Roth contributions when working part year maxing 401k

pre-tax employee share of Section 125 benefits (i.e. health insurance, extra life insurance, etc...) Several years ago my college moved me into a lower-paying position as a sort of early semi-retirement plan prior to complete retirement. I was maxing my 403B contribution, and thought I had enough i...
by 22twain
Wed Oct 03, 2018 12:46 am
Forum: Personal Consumer Issues
Topic: Found credit cards - annoying interaction with Bank of America
Replies: 31
Views: 3484

Re: Found credit cards - annoying interaction with Bank of America

Twice while running along local roads, I found a wallet with driver's license, credit cards, etc., apparently intact. Consistent with being forgotten on top of vehicle and fallen off where I found them. It has never ever occurred to me to place my wallet on top of my vehicle. While I'm away from my...
by 22twain
Sun Sep 30, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Now or Wait
Replies: 18
Views: 1574

Re: Retirement Now or Wait

Figure we'll need about 80,000 to 85,000 per year to cover necessities and some travel and other extras. How much Social Security will the two of you receive? It will cover part of your expenses whenever you decide to start taking it. As others have noted, even without taking SS into account your a...
by 22twain
Sun Sep 30, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Balance Living Life & Savings
Replies: 17
Views: 2091

Re: Balance Living Life & Savings

HardHitter wrote:
Sun Sep 30, 2018 10:04 am
potential second house
Just to make clear, would this house be in addition to your current house (in which you have $800K of equity), or a replacement for it?
by 22twain
Sat Sep 29, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: Minimum Withdrawal Rate and Dividend Growth
Replies: 12
Views: 1226

Re: Minimum Withdrawal Rate and Dividend Growth

but 4% withdrawn from you pre tax account may yield 3% due to the tax on ordinary income assuming a 25% marginal tax rate. To put it another way, the 4% "safe withdrawal rate" is the maximum available for covering all expenses, including taxes . And investment fees, so if you have a financial advis...
by 22twain
Fri Sep 28, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: Friend got back to me after my advice
Replies: 18
Views: 3845

Re: Friend got back to me after my advice

I didn’t know what I was doing in my first 401k. Fortunately the plan had all of 3 funds. It had Stock fund, Bond fund, And Stable Value fund"". The choices were easy. My first 403b had all of 2 funds: stock and stable value. This was in the early 1980s and stocks had been stagnant for about 15 yea...
by 22twain
Thu Sep 27, 2018 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: What to invest in Etrade with a Boglehead philosophy?
Replies: 3
Views: 324

Re: What to invest in Etrade with a Boglehead philosophy?

Consider the "three-fund portfolio": https://www.bogleheads.org/wiki/Three-fund_portfolio The article gives suggestions about halfway down the page for ETFs from Vanguard, Schwab, Blackrodk and SPDR. You might prefer whichever ones are commission-free at ETrade, if any. On the other hand, if you're ...
by 22twain
Thu Sep 27, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Max % from non-spousal inherited IRA?
Replies: 17
Views: 882

Re: Max % from non-spousal inherited IRA?

If you withdraw all the money at once, you get taxed at a higher rate. You may get taxed at a higher rate. It depends on whether the additional income pushes you into a higher tax bracket for that year. And then there are "hidden" taxes such as Social Security taxation, Medicare premium surcharges ...
by 22twain
Tue Sep 25, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing for My First Recession?
Replies: 63
Views: 7249

Re: Preparing for My First Recession?

In any case, if you suspect you cannot tolerate a -40% drop in your portfolio, then you need to adopt a portfolio now that is unlikely to drop that much, and stick with it even after the danger seems to have passed--and even though you are aware of "missing out" on higher gains by doing so. When I ...
by 22twain
Tue Sep 25, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: How to create good ETF Portfolio?
Replies: 19
Views: 1561

Re: How to create good ETF Portfolio?

Around here, the "Three-Fund Portfolio" is a common recommended starting point for investing or at least for discussion. https://www.bogleheads.org/wiki/Three-fund_portfolio We often use Vanguard mutual funds or ETFs, but you can also use Fidelity or other providers. See the selections listed in the...
by 22twain
Sat Sep 22, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing, I feel lost
Replies: 43
Views: 2047

Re: New to Investing, I feel lost

No home insurance hehe You're taking a big risk. Fire, tornadoes, hurricanes (especially if you're in south Texas)... We were worried about Hurricane Florence, but fortunately we're outside the damage zone. However, we once had a major hailstorm which damaged our roof, and more recently a leaking d...
by 22twain
Sat Sep 22, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing, I feel lost
Replies: 43
Views: 2047

Re: New to Investing, I feel lost

How are you able to live on $600/month? How much do you pay for rent? I have my own house. It's not a mansion, but it has everything I need. In a month I spend about ~$200 on utilities, $70 gas, $200 food No mortgage or property tax on the house? Car insurance? Home insurance? And is the $45K per y...
by 22twain
Sat Sep 22, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: How do I allocate social security in retirement?
Replies: 19
Views: 1859

Re: How do I allocate social security in retirement?

Enter "social security as bonds" in the search box at the top right of the page. This does a Google search restricted to this forum. You'll find lots of previous threads on this subject which you might find useful, educational and/or entertaining. 8-)
by 22twain
Fri Sep 21, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Investing my first million
Replies: 46
Views: 7341

Re: Investing my first million

What do you plan to use this money for, eventually? And what is (are) the approximate time frame(s) for this (these) goal(s)? For example, money that you're investing for retirement perhaps decades from now should probably be invested differently from money that you plan to use for buying a house in...
by 22twain
Tue Sep 18, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6915

Re: Is there such thing as saving TOO much?

So Far this year, I've saved roughly 26k...and I've made about 38k... Extrapolating to a full year gives earnings of about $57K, savings of about $39K, and expenses of about $18K. Some people seem to have trouble believing this. My wife and I, now mostly retired, in a paid-off house, spent a total ...
by 22twain
Sun Sep 16, 2018 3:04 am
Forum: Personal Consumer Issues
Topic: How to start a website?
Replies: 12
Views: 1299

Re: How to start a website?

- How to steer clear of copyright issues? On your server, store only content that: You have created yourself, or You have paid someone else to create for you, or The creator has given you permission to post a copy on your site, or The creator has released it into the public domain, via a public sta...
by 22twain
Sat Sep 15, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 4059

Re: The Boglehead is anti-entrepreneur?

I've heard Zuck took enough cards off the table in the first few years to make sure that he would never go hungry. Zuckerberg has 98% of his wealth in FB. If you believe having 98% of your investments in a single stock qualifies as diversified, I don't think you understand what the term means. 2% o...
by 22twain
Sat Sep 15, 2018 6:01 pm
Forum: Investing - Theory, News & General
Topic: DOW [Closing price on Sep 14, 2018]
Replies: 15
Views: 2678

Re: DOW [Closing price on Sep 14, 2018]

Why the Dow? It's been lagging broader-market indexes this year.

S&P 500: from about 2696 to about 2905 (about +7.8%).

Vanguard Total Stock Market ETF (VTI): from $138.22 to $150.28 (about +8.7%).
by 22twain
Thu Sep 13, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA questions [GRA (Group Retirement Annuity) payout options]
Replies: 6
Views: 538

Re: TIAA questions

In the ORP, I have access to the GRA version of Traditional with 4% guarnteed. Are you sure that's the guaranteed minimum, rather than what it happens to be paying right now? I'd expect the guarantee to be something like 3.25% for a GRA or RA contract. I know this is not liquid. My question is this...