Search found 1531 matches

by Nowizard
Thu Oct 11, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: Short Term Bond yield over 3%
Replies: 62
Views: 6980

Re: Short Term Bond yield over 3%

Why Short Term Bond Index rather than Short Term Investment Bond Index (VFSUX)?
Tim
by Nowizard
Thu Oct 11, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Mold on inspection, need advice
Replies: 30
Views: 2190

Re: Mold on inspection, need advice

You are fortunate to have discovered this on inspection. A relative purchased a home in California and discovered mold later that was not discovered by the inspector. California is strict on this, requires it be removed, inspects at each step. Gist is that relative out thousands and out of the home ...
by Nowizard
Thu Oct 11, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Which market should I go for, to profit most from the correction?
Replies: 35
Views: 2981

Re: Which market should I go for, to profit most from the correction?

These posts always seem to bring similar responses, often ones that are less than considerate of the OP who is asking a serious question. For example, the commonly stated axiom that "No one can predict the direction of the market" is incorrect but often trotted out in response when people make posts...
by Nowizard
Thu Oct 11, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Callable Bond Offering:
Replies: 2
Views: 216

Callable Bond Offering:

TD Ameritrade is offering callable bonds at a rate of 3%, moving to 4% on October 26. I am not familiar with this approach other than knowing they can be called anytime by the issuer. What are the advantages and disadvantages of such investment? Are there charges by the selling firm for purchase? Tim
by Nowizard
Wed Oct 10, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Does the Boglehead ever see a unique opportunity for investment?
Replies: 17
Views: 1718

Re: Does the Boglehead ever see a unique opportunity for investment?

Sure. Maybe not a Boglehead at that moment, by definition, but Amazon has been a good investment. Most believe that the market dilutes any individual opportunities and cannot be predicted. However, that does not mean isolated opportunities do not exist. There are opportunities that arise regularly t...
by Nowizard
Thu Oct 04, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Calculating 2018 Tax Liability
Replies: 18
Views: 1662

Re: Calculating 2018 Tax Liability

If you itemized last year and will not this year, it can make a significant difference. Running figures comparing last year's itemization with this year's standard deduction results in a significant tax increase for us in 2018 that exceeds a slight increase in taxable income.

Tim
by Nowizard
Thu Oct 04, 2018 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 11698

Re: Sold Home - 2 days after buyer claims they found an issue with A/C

By the way, some have mentioned a home warranty. Unless you had purchased it, and it had already been in effect, it probably would not matter if it went into effect the date of closing. Such warranties typically have a gap between activation and a valid claim to avoid this exact situation.
Tim
by Nowizard
Thu Oct 04, 2018 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 11698

Re: Sold Home - 2 days after buyer claims they found an issue with A/C

You have a strong case since that is what an inspection is for. If anyone is responsible, it is more likely to be the inspector, though you would almost certainly be named in a suit. The purchaser has made a significant error by going ahead and replacing the system, determining the cost of the one t...
by Nowizard
Thu Oct 04, 2018 7:21 am
Forum: Investing - Help with Personal Investments
Topic: Entering Late In Life
Replies: 21
Views: 2303

Re: Entering Late In Life

AKlady: All I meant is that if there is no new money being added to your account, you are receiving a very high return that anyone would be happy to obtain, in fact one that would result in people seeking your advice if I understand your post correctly. :happy I hope your figures are accurate.

Tim
by Nowizard
Tue Oct 02, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Entering Late In Life
Replies: 21
Views: 2303

Re: Entering Late In Life

Presumably, you are adding significantly to your 403B monthly. Otherwise, an increase of $1,500 monthly with total is a return that is highly unlikely.
Tim
by Nowizard
Tue Oct 02, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for Investing $250,000?
Replies: 7
Views: 1116

Re: Suggestions for Investing $250,000?

You may need to check your other deductions to determine whether you will be able to deduct mortgage interest or still be in the non-itemizing category for income tax.

Tim
by Nowizard
Mon Oct 01, 2018 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Where to put my play money, in taxable or sheltered?
Replies: 9
Views: 770

Re: Where to put my play money, in taxable or sheltered?

Definitely in taxable. If this is "Play money," it would be wise to use the tried-and-true approach of slow and steady with your "Primary money" so that you can play around in retirement. Scratching the itch with more risky investments is a personal issue, and I am of the opinion that most do invest...
by Nowizard
Sun Sep 30, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4485

Re: College Student Performance Issues

Communicate that you expect her to be accurate when she says her grades are fine, stating that for that to not be so creates two problems (Grades and lack of accuracy with a significant issue). Lay out a plan whereby if she is not certain of her statements that she consult with her professors and re...
by Nowizard
Sun Sep 30, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14699

Re: Should we stay in Crazytown because there's no where to run?

We say that no one can predict the stock market, then use various metrics and algorithms to express our own predictions. Though they represent the best information available, we still have to determine our own interpretation of the "Facts."
Tim
by Nowizard
Sun Sep 30, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 619
Views: 75256

Re: How much money do you want to retire?

Enough to support all expenditures over and above SS and a small pension, an amount that is available.

Tim
by Nowizard
Sun Sep 30, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 237
Views: 23807

Re: What is your overall portfolio weighted expense ratio

Wish I could respond, but am using a computer (Personal) not used before while away from home. Vanguard's identification requirement of entering a texted code for unrecognized computers was entered correctly, but still resulted in being locked out from my account. Not good, Vanguard, on a Sunday. Tim
by Nowizard
Sat Sep 29, 2018 7:54 am
Forum: Investing - Theory, News & General
Topic: What kind of irrationality causes investors to accept exorbitant prices for active management?
Replies: 17
Views: 1715

Re: What kind of irrationality causes investors to accept exorbitant prices for active management?

You named it. Those who do not accept it are "rational," at least in terms of minimizing cost. Those who are "irrational" are either making a decision from the standpoint of lacking knowledge or from what is a perfectly rational choice of deciding that not having to fool with their portfolio justifi...
by Nowizard
Sat Sep 29, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: Anyone hire an interior designer?
Replies: 39
Views: 3527

Re: Anyone hire an interior designer?

We hired one recommended as being knowledgeable and who did not have a relationship with a high-end furniture or accent piece provider. Results were mixed in that she made some excellent recommendations but also was quite confrontive when we did not accept her suggestions. It appeared that the issue...
by Nowizard
Sat Sep 29, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: Minimum Withdrawal Rate and Dividend Growth
Replies: 12
Views: 1209

Re: Minimum Withdrawal Rate and Dividend Growth

That is good to know about being able to divert dividends and interest. Thank you.
Tim
by Nowizard
Wed Sep 26, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Social Security and Asset Allocation
Replies: 50
Views: 4883

Re: Social Security and Asset Allocation

Ditto to JW's response. Reliable income streams can support a more aggressive retirement allocation than would otherwise be recommended.

Tim
by Nowizard
Wed Sep 26, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 3680

Re: First-time victim of credit card fraud

We have had this occur twice with cancellation of the card, issuing of new ones and investigations leading to making us whole. We have also recently had a large charge denied until we called to verify we had made it. Our experience has been that the CC companies are very good about resolving issues,...
by Nowizard
Wed Sep 26, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: What is the sentence for laminating a Medicare Card?
Replies: 38
Views: 8295

Re: What is the sentence for laminating a Medicare Card?

I have made a color copy of my Medicare card, pasted it to a piece of cardboard and put it in my wallet while placing my original in a secure place. Have never had anyone question this for years.

Tim
by Nowizard
Wed Sep 26, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Minimum Withdrawal Rate and Dividend Growth
Replies: 12
Views: 1209

Re: Minimum Withdrawal Rate and Dividend Growth

This assumes the withdrawal is from a taxable account? It has never occurred to me, but I assume you cannot have dividends/interest from retirement accounts not reinvested or as part of a MRD. Is that correct?

Tim
by Nowizard
Tue Sep 25, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: $450 for 1.5 hour plumbing job normal?
Replies: 30
Views: 3348

Re: $450 for 1.5 hour plumbing job normal?

Broken Man: We had an issue where I heard a pop and found water flooding into the MBR closet and attached bathroom immediately. Cut-off valve located nearby but still more than 100 gallons of water. Plumber called, came on a Sunday, drilled into wall in effort to locate leak (Had to turn water back ...
by Nowizard
Mon Sep 24, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Options on how to finance a new home without selling existing home?
Replies: 2
Views: 346

Re: Options on how to finance a new home without selling existing home?

One way is to take a loan on the equity from your current home (HELOC). An appraisal is required, and the loaning agency will loan a percentage of the appraisal amount. You pay it off when the house sells. Google HELOC.

Tim
by Nowizard
Mon Sep 24, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: $450 for 1.5 hour plumbing job normal?
Replies: 30
Views: 3348

Re: $450 for 1.5 hour plumbing job normal?

If he had to locate the leak, then that is possibly a factor. A plumber may be like a surgeon in some instances where the issue is not the time required to cut but knowing where to cut.

Tim
by Nowizard
Wed Sep 19, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Pay-off or keep mortgage with 2018 interest deduction changes?
Replies: 17
Views: 1666

Re: Pay-off or keep mortgage with 2018 interest deduction changes?

Yes, I do think that over time there would likely be a greater than 3.5% net return, but it would be small enough to not take the risk. The tax hit for a lump sum withdrawal is more than I choose to take at the moment due to having other expenses this year such as an automobile purchase and some oth...
by Nowizard
Wed Sep 19, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Pay-off or keep mortgage with 2018 interest deduction changes?
Replies: 17
Views: 1666

Re: Pay-off or keep mortgage with 2018 interest deduction changes?

Thanks for the comments so far. Here is my more detailed assessment: Mortgage of $330,000. Interest payments approximately $11,000 annually with 24% "returned" as IRS deduction in the past. Total cost of mortgage: $11,000 - 24% (2,640) = $8,360. Assume the $330,000 is invested at a rate of return av...
by Nowizard
Wed Sep 19, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Pay-off or keep mortgage with 2018 interest deduction changes?
Replies: 17
Views: 1666

Pay-off or keep mortgage with 2018 interest deduction changes?

We have an outstanding mortgage of approximately $325,000 at 3.5% by choice. Our marginal tax bracket is 24% which has reduced the effective interest rate of the mortgage to approximately 2.66%. Our finances are stable, and we could pay off the mortgage but have chosen to invest the "extra" $325,000...
by Nowizard
Tue Sep 18, 2018 3:30 pm
Forum: Personal Consumer Issues
Topic: How to tell if computer update notice is legit
Replies: 8
Views: 1165

Re: How to tell if computer update notice is legit

We use Lenovo, and get update messages. If ignored, additional messages about choosing a time appear, and, if they are ignored, the computer will update without giving permission. Norton shows no viruses, but this is quite annoying.

Tim
by Nowizard
Tue Sep 18, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Bank used to be more customer focused
Replies: 46
Views: 6089

Re: Chase Bank is the Devil

Switch banks. That may be legal, but it smacks of ethical questionability. Many feel that Credit Unions offer the same services but with more of a customer focus. We are among that group.

Tim
by Nowizard
Tue Sep 18, 2018 3:18 pm
Forum: Personal Consumer Issues
Topic: Dental work and hypertension issue
Replies: 42
Views: 3485

Re: Dental work and hypertension issue

If they expect 120/80 in the clinic, they will have either an empty clinic or young people in great shape.

Tim
by Nowizard
Tue Sep 18, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: New SUV
Replies: 24
Views: 2136

Re: New SUV

If you want a very reliable vehicle with high owner satisfaction, something larger than a Highlander and don't mind a ride that is not as smooth as the Highlander but do some light hauling on occasion or carry hunting/fishing/camping gear, consider a 4-Runner. My previous one, a 2005 that my son tal...
by Nowizard
Sun Sep 16, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: How to stay the course when you “think” you can outsmart the market
Replies: 36
Views: 2276

Re: How to stay the course when you “think” you can outsmart the market

It gets more difficult if you have had some success (Blind luck?) early on. Personally, I do not think I can outsmart the market but do believe that there are situations where a particular stock or fund may be a good choice due to circumstances, but it, frankly, does not matter whether that is accur...
by Nowizard
Sun Sep 16, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: When to Retire
Replies: 48
Views: 6729

Re: When to Retire

It was due to our unique circumstances which included reasonable savings, a wife who was continuing to work for a longer period of time and changes in my profession that reduced income and enjoyment. What each of us did was to move toward retirement over a period of a couple of years or more. Mine i...
by Nowizard
Sat Sep 15, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2496

Re: Hypothetical Question - Market Timing

The one time that I would absolutely never even consider market timing (Waiting to invest) in any form is when not putting money in as a downturn is predicted. You may see a temporary downturn in the price of a fund share, but you will also be purchasing at a lower price with distributions. It is as...
by Nowizard
Sat Sep 15, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 11691

Re: Age in Bonds - Still Recommended?

Have not and will not follow that recommendation and doubt that it is anywhere near a solid one for those who generally support the Boglehead philosophy.

Tim
by Nowizard
Sat Sep 15, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond or Total Bond/short-term
Replies: 48
Views: 4810

Re: Total Bond or Total Bond/short-term

We have chosen to stay in the Total Bond Fund and to add to Short Term Investment Grade Index with new money. That is with a nod toward what is "likely" to happen in the bond market.

Tim
by Nowizard
Sat Sep 15, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Should I get a new iPhone?
Replies: 43
Views: 3668

Re: Should I get a new iPhone?

Is your interest in upgrading based on dissatisfaction with the current phone or that you hear of upgrades from others who encourage buying a new one? The former leads toward purchase, the latter toward continuing to evaluate or wait until a good deal appears.

Tim
by Nowizard
Thu Sep 13, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Withholding from RMD'S
Replies: 10
Views: 891

Re: Withholding from RMD'S

We are not enrolled in a program with Vanguard for withholding but will have them withhold for 2019. We have no state income tax in Tennessee. Thank you for the responses.

Tim
by Nowizard
Thu Sep 13, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: Argument for taking social security before 70. Comments?
Replies: 134
Views: 10023

Re: Argument for taking social security before 70. Comments?

Took it at FRA and glad we did. For us there were two factors: 1. We have strong genetic histories that foretell long lives, 2. Most importantly, we did not need the money and could invest it directly or have it in reserve in case of emergencies. For us, the returns have worked out well. You do get ...
by Nowizard
Thu Sep 13, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: I need a chainsaw to trim branches and limbs!!
Replies: 93
Views: 4324

Re: I need a chainsaw to trim branches and limbs!!

Tree folks are expensive, and there are many fly-by-night. There is no reason that most cannot cut limbs that may require it or cut up significant limbs that fall during a storm. Small trees are not an issue if you have some experience. I would not recommend an electric chain saw but would go to pla...
by Nowizard
Thu Sep 13, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Withholding from RMD'S
Replies: 10
Views: 891

Withholding from RMD'S

In the past, I have taken my full RMD and paid Estimated Tax. However, it is somewhat inconvenient to do so now that my wife is also taking her RMD. I believe that Vanguard (or other source) will withhold up to 10% of a RMD for taxes if requested. How does that money get to the government's treasury...
by Nowizard
Tue Sep 11, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation house? Need objective third party
Replies: 67
Views: 6081

Re: Vacation house? Need objective third party

having owned two vacation homes, I would not repeat the error a third time. We currently rent a vacation home, and it has the advantages without the disadvantages. Vacation homes can be like boats in that the happiest days are the one when you purchase and the one when you sell. Very expensive if yo...
by Nowizard
Tue Sep 11, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: Good photo book printer for image quality
Replies: 24
Views: 1572

Re: Good photo book printer for image quality

Personally, a photo book completed for a granddaughter was fine from Shutterfly. As the son of a professional photographer, I would use a high quality printer when interested in precision. The Jack Robinson Gallery does wonderful work in Memphis, Tennessee.

http://robinsongallery.com/

Tim
by Nowizard
Tue Sep 11, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: RMD will turn 70 in Nov. 2018
Replies: 22
Views: 1783

Re: RMD will turn 70 in Nov. 2018

You can also take, I believe, a partial distribution in 2019 and then complete in 2020 along with the 2020 distribution if that is advantageous for any reason. I would check that to be certain, however.

Tim
by Nowizard
Mon Sep 10, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Pre nups.
Replies: 70
Views: 9118

Re: Pre nups.

"A: Arizona, like most other states on the west coast, is considered a community property state. These states share many similar principles when it comes to dividing assets and obligations accrued during a marriage. Generally, anything that a married couple accumulates during the marriage is conside...
by Nowizard
Sun Sep 09, 2018 8:55 am
Forum: Personal Consumer Issues
Topic: eBay Leaving Negative Feedback
Replies: 27
Views: 2557

Re: eBay Leaving Negative Feedback

Of course, particularly if you have received consistently better service from other sellers and you know you are not a chronic complainer who expects more and does not allow for normal errors. Balance this by making very positive responses when deserved.

Tim
by Nowizard
Sun Sep 09, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Older Toyota/Honda/Similar owners: How often do you clean your car?
Replies: 36
Views: 2189

Re: Older Toyota/Honda/Similar owners: How often do you clean your car?

Exterior wash about twice a year, interior vacuum after hauling (About three times annually) for a 2015 4-Runner.

Tim
by Nowizard
Sun Sep 09, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 18543

Re: Why Bull Markets Are Dangerous

As you know who said, be fearful when the market has made a sustained rise and greedy when declining.

Tim