Search found 664 matches

by Austintatious
Fri Jul 13, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: 3.5% for 5 year CD at City Credit Union
Replies: 0
Views: 321

3.5% for 5 year CD at City Credit Union

I've edited this post to mention the substantial membership limitations referenced at the bottom of the post. Membership is simply not available to the general population as I'd first thought. My apologies. I just came across this City Credit Union CD offering on the deposit accounts web site. These...
by Austintatious
Fri Jul 13, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3198

Re: Like Lifestrategy Funds but???

OP, this new thread re Vanguard International Bond fund may be of interest to you.

viewtopic.php?f=10&t=253868&newpost=401 ... ead#unread
by Austintatious
Thu Jul 12, 2018 8:39 am
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 107
Views: 7934

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

This thread reminds me of that all time movie classic: "I am shocked- shocked - to find that gambling is going on here!" "I am shocked - shocked - to find that bonds are not 100% safe from all those negative market influences out there!" Really? We (with the possible exception of rank beginners) hav...
by Austintatious
Wed Jul 11, 2018 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2048

Re: PenFed or Navy Federal?

For those recommending Ally, I hear you but I'm just partial to credit unions, however imprudent that may be. My thanks to you and all the others who've responded.
by Austintatious
Wed Jul 11, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2048

Re: PenFed or Navy Federal?

VictoriaF wrote:
Wed Jul 11, 2018 6:18 pm
I can walk to PenFed and to NavyFed. The walk to NavyFed is nicer and I use it more. I can't walk to Ally, but I use it anyway.

Victoria
Now, that's what I call living in a "walkable neighborhood". Showoff!
by Austintatious
Tue Jul 10, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2048

Re: PenFed or Navy Federal?

Don't limit yourself to two choices. Check who offers the best rates on depositaccounts.com Then go with them, and switch later if for any reason you are dissatisfied. It's easy enough to move from one bank to another, so don't take your decision too seriously. My primary focus, here, is finding a ...
by Austintatious
Tue Jul 10, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2048

Re: PenFed or Navy Federal?

Traveler - A month or two ago I temporarily had trouble with maturity instructions for NFCU certificates maturing. I called and brought the matter to their attention and they apparently fixed the issue. I've had five certificates maturing since then and the online maturity instructions have been ha...
by Austintatious
Tue Jul 10, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2048

Re: PenFed or Navy Federal?

I'm primarily looking for a cu with up-to-date, and as user-friendly as possible, online services for checking, bill pay, ach transfers, mobile deposit, etc. It sounds to me like NFCU is the better option as far as these services are concerned. And it looks like NFCU offers a variety of checking acc...
by Austintatious
Mon Jul 09, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2048

PenFed or Navy Federal?

I'm thinking of abandoning the credit union in which I've maintained membership since long before retirement some 15 years ago. It's simply not kept up with online banking technologies, nor is it very competitive with regard to the interest rates on its savings products as well as loans. I'm wonderi...
by Austintatious
Sun Jul 08, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: CIT Bank Current 1-YR CD Rate 2.5%
Replies: 14
Views: 2382

Re: CIT Bank Current 1-YR CD Rate 2.5%

Oak&Elm wrote:
Sun Jul 08, 2018 4:53 pm
I really like Live Oak Bank, 2.5% on a 1year cd with $2,500 min and a 90 day EWP. What’s not to like? I’m planning to buy another cd tomorrow, easy to set up
They look good; however, I do wish they offered IRA certificates.
by Austintatious
Sun Jul 08, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: CIT Bank Current 1-YR CD Rate 2.5%
Replies: 14
Views: 2382

Re: CIT Bank Current 1-YR CD Rate 2.5%

Live Oak Bank also offering 2.5% for a 1 year CD. Their high yield savings is at 1.7%. I have no experience with Live Oak or with CIT.
by Austintatious
Sun Jul 08, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: Long Cruises
Replies: 20
Views: 1679

Re: Long Cruises

An option that I've long pondered but have zero experience with and know little about.

https://www.freightercruises.com/
by Austintatious
Sun Jul 08, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: CIT Bank Current 1-YR CD Rate 2.5%
Replies: 14
Views: 2382

Re: CIT Bank Current 1-YR CD Rate 2.5%

The high yield savings rate, certainly a good one relative to the rates of other entities, is not guaranteed and would likely be subject to change due to negative as well as positive economic factors. On the other hand, the 2.5% rate for the 1 yr. CD, also a very good rate relative to other offering...
by Austintatious
Thu Jul 05, 2018 6:54 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3128
Views: 955208

Re: What Book Are You Currently Reading? Part VI

If you're into spy novels, stand alones that work even better when read as a series, the ongoing Gabriel Allon series by author Daniel Silva might be your cup of tea. I'm at # 11 in his series of 18 volumes to date, so I'm obviously a fan. Silva's a very good writer. He develops interesting characte...
by Austintatious
Thu Jul 05, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Walking Coast-to-Coast
Replies: 86
Views: 6498

Re: Walking Coast-to-Coast

I followed the entire journey via the daily messages and photos Jazztonight faithfully provided. I have for several years, now, been putting in a 3-4 mile walk at a brisk pace on most days. For an older guy (same age as Jazztonight), I consider myself to be in reasonably good physical condition BUT ...
by Austintatious
Wed Jul 04, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 120
Views: 8987

Re: Vanguard to offer non-Vanguard ETFs commission-free

[Snip...] The wild-card / open question for me is whether or not the leadership of Vanguard is aware of the perception of lack of quality of the brokerage platform? If so, do they believe the issues are behind them? I would hope so, if not, it would seem to put them at real risk of ticking off new ...
by Austintatious
Wed Jul 04, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: Live Oak Bank still competing with the big boys
Replies: 4
Views: 653

Re: Live Oak Bank still competing with the big boys

Unfortunately, looking at their web site, it appears that they aren't offering IRA options. If so, they're sure cutting out a lot of potential investors. I really don't understand that one.
by Austintatious
Wed Jul 04, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: Live Oak Bank still competing with the big boys
Replies: 4
Views: 653

Live Oak Bank still competing with the big boys

Live Oak Bank is again offering some very competitive rates on direct CDs, especially for its shorter term certificates. These rates would make a very nice two tier, short term ladder, while waiting for those interest rates to explode as we're so sure they will. 6 MONTH CERTIFICATE OF DEPOSIT Intere...
by Austintatious
Wed Jul 04, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10952

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

If i have just $1800/month cause i took it at 62, I also have $172,800 ($1800x12 months x 8 years) i invested in a 60% portfolio at 62 cause I didn't "buy" the SS deferral. Let's say I only made 5% on the 172,800 from age 62 to 70. That's $257,573 at year 70 in an investment account plus the 1800/m...
by Austintatious
Tue Jul 03, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10952

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

If i have just $1800/month cause i took it at 62, I also have $172,800 ($1800x12 months x 8 years) i invested in a 60% portfolio at 62 cause I didn't "buy" the SS deferral. Let's say I only made 5% on the 172,800 from age 62 to 70. That's $257,573 at year 70 in an investment account plus the 1800/m...
by Austintatious
Mon Jul 02, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: Do Advisers Add $$$ Value?
Replies: 71
Views: 5379

Re: Do Advisers Add $$$ Value?

I think the biggest value that an advisor gives to their clients is to keep them from selling stocks at the bottom of bear markets. If you are a member of bogleheads and believe in their philosophy, you don't need to pay someone thousands of dollars for this advice. This is often asserted, but I wo...
by Austintatious
Mon Jul 02, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6699

Re: Does It Make Sense to Wait to Claim SocSec?

The Federal tax on SS income is applied to from 0% to 85% of SS depending on your "other income" level. Meaning RMD dollars get roughly double taxed when the tax on SS is phasing in. When fully phased in, IRS SS taxation is still like a tax bracket lower than RMD dollars because at least 15% of SS ...
by Austintatious
Sun Jul 01, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: STAR Funds
Replies: 10
Views: 1182

Re: STAR Funds

grandpadan wrote:
Sun Jul 01, 2018 5:16 pm
Any thoughts on STAR fund? VGSTX
grandpadan,

you might get more input from the group if you tell us a bit about why you're thinking about the STAR fund.
by Austintatious
Sun Jul 01, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: STAR Funds
Replies: 10
Views: 1182

Re: STAR Funds

Is this fund kind of like fund of the funds? But why? It's a fund that's actually comprised of more than one fund, in this case, 11 different Vanguard funds held in varying percentages. Go to this web page to see the funds and percentages. https://investor.vanguard.com/mutual-funds/profile/portfoli...
by Austintatious
Sun Jul 01, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: STAR Funds
Replies: 10
Views: 1182

Re: STAR FUNDS

It's also worth noting that one can buy into Vanguard's STAR for a minimum amount of $1,000, the same lower buy-in amount available with their Target Date Funds. That makes a STAR and the Target Date Funds a notably less expensive start for investors just starting out at Vanguard, most of Vanguard's...
by Austintatious
Fri Jun 29, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6699

Re: Does It Make Sense to Wait to Claim SocSec?

A bit more on the reduction of a survivor's benefit amount in the event the survivor makes a claim prior to full retirement age: From Code of Federal Regulations section 404.410: https://www.ssa.gov/OP_Home/cfr20/404/404-0410.htm here's the relevant text (See paragraph 1 below, and be sure to check ...
by Austintatious
Fri Jun 29, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Another Social Security Strategy Question
Replies: 11
Views: 1122

Re: Another Social Security Strategy Question

For him to claim restricted spousal benefits, does his wife have to file for hers? Yes, the primary spouse must already have filed for his/her own benefits. It's important to remember that the spousal claimant is entitled to a full half of the primary spouse's Primary Insurance Amount even if the p...
by Austintatious
Fri Jun 29, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6699

Re: Does It Make Sense to Wait to Claim SocSec?

If she files early, her widow's benefit will be reduced by the same percent as her FRA. I have been trying to find out the answer to this for a while. I have found definitive statements that if a person claims early and then dies, their survivor receives reduced benefits if someone claims spousal b...
by Austintatious
Fri Jun 29, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6699

Re: Does It Make Sense to Wait to Claim SocSec?

Social Security for Dummies. The book. On Amazon for $15. If you don't want to spend $15 then you are not ready for retirement and you can piecemeal advice from these forums. Might also get Medicare for Dummies. Another point in time where you can make mistakes due to erroneous information. You don...
by Austintatious
Thu Jun 28, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Another Social Security Strategy Question
Replies: 11
Views: 1122

Re: Another Social Security Strategy Question

As long as he turned 64 on or before 01-01-2018 he should qualify to file and suspend his own benefit while claiming spousal benefits. No. He claims restricted spousal benefits. File and suspend is no longer an option. --vtMaps vtMaps has it right. He needs to make sure that he applies for spousal ...
by Austintatious
Thu Jun 28, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Another Social Security Strategy Question
Replies: 11
Views: 1122

Re: Another Social Security Strategy Question

As he is 64 now, I assume his birthday is prior to 01/01/54, in which case he is still eligible to file a restricted application. So his benefit should be half of the spousal pia. If it is showing half of his, you might bring it to Mike Pipers attention as a bug at the thread on the calculator: htt...
by Austintatious
Thu Jun 28, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5647

Re: Keep calm and Boglehead on!

The anxiety levels have really nothing to do with investing and what happens on this bogleheads.org forum. I don't see any reason to keep calm and I am very glad that folks are not keeping calm. Exactly so!! That anxiety is there for very real reasons, and they're plenty enough reason and motivatio...
by Austintatious
Thu Jun 28, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6699

Re: Does It Make Sense to Wait to Claim SocSec?

Yes, thanks for asking! We can comfortably dip into our savings (investment portfolio) right now at around 3% a year, but I think we can get by without it for awhile. (Thanks again Bogleheads.) DW (65) and I (71) are both retired. We've decided to postpone DW's claiming under her own history. We're...
by Austintatious
Mon Jun 25, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: I've been swindled!
Replies: 21
Views: 5374

Re: I've been swindled!

Call the Dallas County D.A.'s office and ask if there's anything they can do. Also try the Texas A.G.'s office.
by Austintatious
Mon Jun 25, 2018 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: CD Maturity notice
Replies: 13
Views: 1190

Re: CD Maturity notice

This sort of thing is the reason I don't chase CD yields. I just go to Vanguard and get brokered CDs. Everything is easy and straightforward. Brokered CDs currently are a good deal compared to direct CDs, so I agree that in the current environment this is the way to go. However, I've been finding g...
by Austintatious
Sat Jun 23, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 80
Views: 5080

Re: car for long-distance driving

Consider a test drive in a Prius. Our 2010 model has about 178,000 miles on it, including several round trips from Texas to Colorado. I've been surprised at how comfortable it has been driving long distances. And the mileage is incredible (still getting 51 -52 mpg). I should mention that it's not th...
by Austintatious
Fri Jun 22, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Retiree do's and don't's in a rising rate environment by Christine Benz
Replies: 14
Views: 2860

Re: Retiree do's and don't's in a rising rate environment by Christine Benz

Yes, it really is a thoughtful article. For one thing, it helps us think of the ramifications of rising rates beyond just their impact on bond prices. For example, folks with variable rate debt - student loans, some mortgages - ought to be fully aware of how these increases are affecting their botto...
by Austintatious
Fri Jun 22, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: Retiree do's and don't's in a rising rate environment by Christine Benz
Replies: 14
Views: 2860

Retiree do's and don't's in a rising rate environment by Christine Benz

There's been much discussion on the forum of late about rising interest rates, what it means for us and how we might respond. What does it mean for bonds? Is it time to move more into CD's, high yield savings accounts, money market funds? Ought we focus even more on retiring debt? I just came across...
by Austintatious
Wed Jun 20, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Paper tax return filed at deadline - still no refund 7 weeks later
Replies: 25
Views: 2039

Re: Paper tax return filed at deadline - still no refund 7 weeks later

still no refund, tomorrow is 9 weeks from IRS receipt of my paper return... tried calling this AM but couldn't figure out how to get a human. We're sort of in the same boat with our return and refund, due to a problem with our tax preparer. At least I've been able to speak with a live person at IRS...
by Austintatious
Tue Jun 19, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: 5 yr cd at 3%
Replies: 12
Views: 1830

Re: 5 yr cd at 3%

This household bought into PenFed's 3% for 5 years offer almost 5 years ago but I don't think they're doing us any big favors with the same offer, present day. Not to mention that the offer is not available for PenFed's IRA certificates, which require a 7 year commitment to get 3%. Even if one is ma...
by Austintatious
Mon Jun 18, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Idle debit/credit cards closed or downgraded?
Replies: 9
Views: 803

Re: Idle debit/credit cards closed or downgraded?

DW recently received a letter from Cap One advising that the credit limit on her cash reward cc was to be lowered due to inactivity on the card. They're right, of course, in saying that the card has been inactive, that, simply because the 1.5% cash rewards offered with that card is no longer competi...
by Austintatious
Sun Jun 17, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 49
Views: 6049

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

I am hoping there is someone out there with experience in this or a good lawyer I can contact. In July of 2016 I was notified my Ford Fusion 2011 Hybrid had the infamous "Takata air bag" problem. In that recall It said do not have anyone sit in the front passenger seat - making the car a motorcycle...
by Austintatious
Sat Jun 16, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4813

Re: Flaw in Logic? CD ladder instead of bond funds

see the bigger picture You obviously can't make a big shift into them all at once ($10K/year/person), but if you have a spouse, you could acquire $40K exposure across the next 7 months. Isn't it really $15k/year/person, if you game it right? That is, $10k electronic and $5k paper via a tax refund? ...
by Austintatious
Sat Jun 16, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4813

Re: Flaw in Logic? CD ladder instead of bond funds

see the bigger picture I just want to remind people the role I-Bonds can play here in your portfolio. After the 1-year holding period they provide great liquidity and competitive returns. If you think inflation will go away during the next 5 years, then you'll be more interested in CD's, but I thin...
by Austintatious
Fri Jun 15, 2018 9:04 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 63
Views: 4813

Re: Flaw in Logic? CD ladder instead of bond funds

OP, here's a 2013 article from Harry Sit's blog "The Finance Buff" discussing much the same question you ask - whether CDs were "better" than bonds, at least for that time. I think his analysis applies quite well in today's savings/investing environment and that it nicely compliments your suggestion...
by Austintatious
Thu Jun 14, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Chipmunk Repellent?
Replies: 36
Views: 2682

Re: Chipmunk Repellent?

Stop by the video store, rent a copy of that timeless classic (at least, in the minds of male adolescents of all ages) Caddyshack, settle in for the evening with pen, paper and popcorn, and take careful notes. The chipmunk solution has got to be in there somewhere. :mrgreen:
by Austintatious
Wed Jun 13, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11653

Re: Are you including SS in your planning model? Are the benefits really that high?

Here's an article currently posted on Jonathan Clements' blog "Humble Dollar" that has a brief discussion relevant to this thread. http://www.humbledollar.com/2018/06/laying-claim/ First part of the text: IN MY WORK as a financial planner, there’s one topic that always seems to raise an eyebrow: Soc...
by Austintatious
Wed Jun 13, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Subaru infotainment issues -can people chime in?
Replies: 26
Views: 2025

Re: Subaru infotainment issues -can people chime in?

Is this kind of problem with electronics limited to the Outback? I would have thought the same electronic modules would be installed in other models, like the Forester, for example. Anyone having similar problems with the Forester?
by Austintatious
Wed Jun 13, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11653

Re: Are you including SS in your planning model? Are the benefits really that high?

Just as an aside, I thought speculation about future tax/law changes were forbidden on the board? I've been flagged for this in the past, so I'm just curious how so many of these posts have not been removed....? :confused Seems like nothing but speculation. Actually, those posting here have shown r...