Search found 281 matches

by lethean46
Wed Jan 03, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: calculator for effect of investment fees
Replies: 8
Views: 641

Re: calculator for effect of investment fees

Thank you all very much.
by lethean46
Tue Jan 02, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: calculator for effect of investment fees
Replies: 8
Views: 641

Re: calculator for effect of investment fees

Inputs were: Portfolio value in $$ anticipated yearly return % yearly investment fees % number of years Results showed : Total portfolio gain in $$ for the period of years chosen Total fees paid in $$ for the period of years chosen Conclusion : It was quite easy depending on variables chosen for to...
by lethean46
Tue Jan 02, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: calculator for effect of investment fees
Replies: 8
Views: 641

calculator for effect of investment fees

I am looking for a calculator that shows the effect of investment fees over the years. As I remember it, the calculator asked for lump sum, anticipated portfolio return, investment fees, and number of years. The calculator then showed total dollar return and total investment fees over the desired ti...
by lethean46
Tue Aug 29, 2017 1:59 pm
Forum: Investing - Theory, News & General
Topic: Why not just buy BRK.B or BRK.A?
Replies: 49
Views: 5848

Re: Why not just buy BRK.B or BRK.A?

Vision I believe Buffett addressed this question at the 2017 annual meeting. You can search for the video. He said that 100% of his BRK stock will be donated to charity. He said that he recommended the S&P 500 index for his wife because that will avoid the temptation of advisors or others to mess wi...
by lethean46
Mon Dec 19, 2016 8:51 pm
Forum: Personal Consumer Issues
Topic: Omaha Steaks....Who else for mail-order steaks?
Replies: 26
Views: 5523

Re: Omaha Steaks....Who else for mail-order steaks?

I quit ordering Omaha Steaks after a son told me that they were not very good. He was the only one of our three sons who spoke up.

I now order steaks from Pfaelzer-Brothers and subsequently got feed back that they were much better.

ML
by lethean46
Thu Dec 11, 2014 9:55 am
Forum: Investing - Theory, News & General
Topic: Why don't YOU follow Buffett's advice?
Replies: 122
Views: 16299

Re: Why don't YOU follow Buffett's advice?

Buffett has pledged 99% of his wealth to philanthropic foundations. The bulk of that goes to the BMG (Gates)Foundation. There are four other philanthropic foundations belonging to: his deceased wife Susie, his son Howard, his daughter Susan, his son Peter. The remaining 1% of Buffett's wealth will b...
by lethean46
Mon Feb 24, 2014 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: The Estate lawyer cost us big
Replies: 109
Views: 13256

Re: The Estate lawyer cost us big

Bru I think I know the name of this international law firm. Top reputation and top dollar. It used to be a real status symbol to use this firm. Clients proud to pay for the best work and the name. Money no object. Things changed pretty dramatically during and after the great recession. Clients start...
by lethean46
Fri Jan 10, 2014 10:00 pm
Forum: Personal Consumer Issues
Topic: Special Needs Trust and Attorney Suggestions
Replies: 13
Views: 1412

Re: Special Needs Trust and Attorney Suggestions

swampy

You have a PM (private message).

Let me know here if you didn't receive the PM.

ML
by lethean46
Fri Jan 10, 2014 9:14 pm
Forum: Personal Consumer Issues
Topic: Special Needs Trust and Attorney Suggestions
Replies: 13
Views: 1412

Re: Special Needs Trust and Attorney Suggestions

swampy

You have a PM (private message).

ML
by lethean46
Thu Dec 05, 2013 11:51 pm
Forum: Investing - Theory, News & General
Topic: VANGUARD WILL TAKE COST BASIS QUESTIONS HERE
Replies: 77
Views: 11622

Re: VANGUARD WILL TAKE COST BASIS QUESTIONS HERE

Greetings, Bogleheads! I've seen 4 or 5 threads on Cost Basis reporting, and would like to offer to take your list of questions to our internal experts. We will post responses over the next few days. We obviously can't provide tax advice via an online forum, but would be happy to respond to any que...
by lethean46
Tue Nov 05, 2013 11:42 am
Forum: Investing - Theory, News & General
Topic: VANGUARD WILL TAKE COST BASIS QUESTIONS HERE
Replies: 77
Views: 11622

Re: VANGUARD WILL TAKE COST BASIS QUESTIONS HERE

I think you are out of luck. Vanguard was not required to provide cost basis data for individual lots before their "covered date" and they did not do so. While they could have gone back and recovered the purchase data they had no way of knowing whether those shares were sold. Up to the law change V...
by lethean46
Tue Nov 05, 2013 1:48 am
Forum: Investing - Theory, News & General
Topic: VANGUARD WILL TAKE COST BASIS QUESTIONS HERE
Replies: 77
Views: 11622

Re: VANGUARD WILL TAKE COST BASIS QUESTIONS HERE

Greetings, Bogleheads! I've seen 4 or 5 threads on Cost Basis reporting, and would like to offer to take your list of questions to our internal experts. We will post responses over the next few days. We obviously can't provide tax advice via an online forum, but would be happy to respond to any que...
by lethean46
Tue Nov 05, 2013 1:10 am
Forum: Personal Finance (Not Investing)
Topic: VBS and cost basis
Replies: 13
Views: 1185

Re: VBS and cost basis

livesoft and dbr. I see what happened. I reactivated the old thread, but my update to it was lost. Thus, your replies. Thank you. I sent a Letter of Instruction to VG on 8/23/2013. Attached to it was a detailed spreadsheet showing 23 tax lots. # of shares, date purchase, and cost per share. Weeks la...
by lethean46
Tue Nov 05, 2013 12:33 am
Forum: Personal Finance (Not Investing)
Topic: VBS and cost basis
Replies: 13
Views: 1185

Re: VBS and cost basis

dbr I can't believe that I found your reply tonight to my old post re cost basis. I was on the phone with 3 different VG reps for 3 hours total this afternoon. Silent holds. Dropped calls. The last rep was a NumNut. A ridiculous conversation that went on for an hour. Just awful. I have lost 2 posts ...
by lethean46
Mon Nov 04, 2013 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: VBS and cost basis
Replies: 13
Views: 1185

Re: VBS and cost basis

[quote="lethean46"]I probably should have brought this issue to Bogleheads when it happened. A heads up, so to speak. What a MESS. But I just decided that I was going to roll with it. The end. Dropped it. So what happened? As best that I remember it: I have a Taxable VBS account. Cost basis entered ...
by lethean46
Sat Oct 26, 2013 4:36 pm
Forum: Personal Consumer Issues
Topic: Insurance tracking your car
Replies: 49
Views: 3080

Re: Insurance tracking your car

I'm not interested in this sort of thing. I'm a safe, but somewhat agressive driver. On my western trip in July, I used several non-divided highways and there were trucks that needed passing from time to time. So I often punched it up to 95-100 mph during the passing maneuver. This sort of thing pr...
by lethean46
Sat Oct 26, 2013 4:35 pm
Forum: Personal Consumer Issues
Topic: Insurance tracking your car
Replies: 49
Views: 3080

Re: Insurance tracking your car

[quote="The Wizard"]I'm not interested in this sort of thing. I'm a safe, but somewhat agressive driver. On my western trip in July, I used several non-divided highways and there were trucks that needed passing from time to time. So I often punched it up to 95-100 mph during the passing maneuver. Th...
by lethean46
Sat Oct 19, 2013 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Just hit the million mark net worth today
Replies: 98
Views: 11992

Re: Just hit the million mark net worth today

Awesome. It is hard to imagine the journey of your life. Would you care to share more of your story? Are you familiar with the names of Monish Pabrai, Prem Watsa, and Ajit Jain? All immigrants from India. You can google them. Pabrai and Prem Watsa have each set up foundations in India to educate po...
by lethean46
Sat Oct 19, 2013 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Just hit the million mark net worth today
Replies: 98
Views: 11992

Re: Just hit the million mark net worth today

Awesome. It is hard to imagine the journey of your life. Would you care to share more of your story? Are you familiar with the names of Monish Pabrai, Prem Watsa, and Ajit Jain? All immigrants from India. You can google them. Pabrai and Prem Watsa have each set up foundations in India to educate poo...
by lethean46
Fri Oct 04, 2013 2:23 am
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 34904

Re: Signing up for health care

3:15 am on the www.healthcare.gov site.

The system is down at the moment.

We're currently performing scheduled maintenance. Please try again later


At least it's a different message now.

ML
by lethean46
Fri Oct 04, 2013 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 34904

Re: Signing up for health care

Answer. Inaccessible due to high volume. Hmmm. At midnight? Rather hard to believe that. Even though you are in Ohio, if you are going through healthcare.gov, aren't you using the same system that all the other federally facilitated marketplaces are using? Many of these are in other time zones. I h...
by lethean46
Thu Oct 03, 2013 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Signing up for health care
Replies: 324
Views: 34904

Re: Signing up for health care

I've been trying off and on for 3 days to access http://www.healthcare.gov for OHIO with no success. I tried again tonight Thursday 10/3/2013 at 11:30 pm. No success. So I tried LIVE CHAT. Waited 20 minutes for a LIVE CHAT response, at midnight. My question. Was the system through healthcare.gov for...
by lethean46
Wed Oct 02, 2013 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act data point
Replies: 29
Views: 2244

Re: Affordable Care Act data point

Here's a chart showing the premium tax credit based on income.

http://www.healthreformbeyondthebasics. ... questions/

ML
by lethean46
Wed Sep 18, 2013 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: End of life finances, way over my head
Replies: 40
Views: 7933

Re: End of life finances, way over my head

See "Will a beneficiary get Medicare coverage"?

http://www.ssa.gov/disabilityresearch/wi/medicare.htm

It seems that SSDI is an automatic qualification for Medicare coverage - after a 24 month qualifying period.

My best to you and to your mother.

ML
by lethean46
Sat Aug 10, 2013 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Retirement Investing or Planning?
Replies: 2
Views: 630

Re: Boglehead Retirement Investing or Planning?

Thanks a lot Mel. I just lost my whole dang reply to you. Timed out, I guess. I may repost tomorrow, or later. Basically I want to provide some resources: 1. Get a few books into their hands for general education purposes. 2. Suggest Vanguard. 3. Suggestt Garrett Network which I have printed out for...
by lethean46
Sat Aug 10, 2013 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Garrett Network
Replies: 1
Views: 537

Garrett Network

I need more help for friends. I looked up the Garrett Network in Ohio and found some names. I'm wondering if anyone here has experience with or knows any of these people?

Josh Giminez, Columbus.

Paul Dolce, Dublin.

Debbie Price, Powell.

Michael Schmenk, Marysville.

Thank you.

ML
by lethean46
Sat Aug 10, 2013 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Retirement Investing or Planning?
Replies: 2
Views: 630

Boglehead Retirement Investing or Planning?

Which book would you recommend for a 60 year old couple in early retirement due to health condition? Boglehead Retirement Investing, 2007. Boglehead Retirement Planning, 2011. Is the updated book more appropriate for a 60 year old couple? Also. Which of these two do you prefer? John Bogle Common Sen...
by lethean46
Fri Aug 09, 2013 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap or Advantage? Lots of info/Lots of questions.
Replies: 119
Views: 9954

Re: Medigap or Advantage? Lots of info/Lots of questions.

Conky Here's how I looked at Plan F vs HD Plan F. I'll use my husband as the example. He is 72. Plan F = $2535.81 yearly. HD Plan F = $896.83 yearly. Premium savings = $1638.98. Using HD Plan F, you can spend those "savings" on healthcare costs and BE (breakeven) vs using Plan F. What's the downsid...
by lethean46
Mon Jul 22, 2013 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: How do you track & analyze your portfolio, esp.401k?
Replies: 27
Views: 4916

Re: How do you track & analyze your portfolio, esp.401k?

wijwij Thanks a lot for your follow up post. I found today that the S&P 500 from 1/1/1993 to 12/31/1999 - had a CAGR of 21.7%!!! Unreal. (vs personal 7.7%) Further, the S&P 500 from 1/1/2000 - 12/31/2012 - had a CAGR of 1.6%. And, the S&P 500 from 1/1/1993 - 12/31/2012 - had a CAGR of about 8%. Inte...
by lethean46
Mon Jul 22, 2013 1:53 pm
Forum: Investing - Theory, News & General
Topic: [Sad news - Pat Larimore]
Replies: 225
Views: 22331

Re: [Sad news - Pat Larimore]

Taylor

I am very sorry for your loss.

ML
by lethean46
Mon Jul 22, 2013 12:13 am
Forum: Investing - Help with Personal Investments
Topic: How do you track & analyze your portfolio, esp.401k?
Replies: 27
Views: 4916

Re: How do you track & analyze your portfolio, esp.401k?

XIRR with decimals:

RO/IRA. 8.1%

tIRA. 12.3%

Roth IRA. 14.4%

Taxable. 7.5%

Total. 8.0%

Cool. :-)
by lethean46
Mon Jul 22, 2013 12:03 am
Forum: Investing - Help with Personal Investments
Topic: How do you track & analyze your portfolio, esp.401k?
Replies: 27
Views: 4916

Re: How do you track & analyze your portfolio, esp.401k?

wijwij Done. For all 5 columns. As follows: RO/IRA. Roughly 57% of Total Portfolio. 1993 - 2013. XIRR 8% tIRA. Roughly 3% of Total Portfolio. 2008 - 2013. XIRR 12%. (Account is now in cash. And RMDs remainder of this year and next year will drain it. Account was initially set up as an experiment for...
by lethean46
Sun Jul 21, 2013 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: How do you track & analyze your portfolio, esp.401k?
Replies: 27
Views: 4916

Re: How do you track & analyze your portfolio, esp.401k?

wijwij Yeow. I tried what you suggested on one account and it worked. Thank you so much! Now. Is that an annualized XIRR? or what exactly? Can you describe what my XIRR for the full time period for that one account represents? So that I might better understand? The XIRR was 8% for 21 years. 1993 - 2...
by lethean46
Tue Jul 16, 2013 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap or Advantage? Lots of info/Lots of questions.
Replies: 119
Views: 9954

Re: Medigap or Advantage? Lots of info/Lots of questions.

Conky

Please look at my post above before it gets buried.

ML
by lethean46
Tue Jul 16, 2013 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap or Advantage? Lots of info/Lots of questions.
Replies: 119
Views: 9954

Re: Medigap or Advantage? Lots of info/Lots of questions.

Conky Here's how I looked at Plan F vs HD Plan F. I'll use my husband as the example. He is 72. Plan F = $2535.81 yearly. HD Plan F = $896.83 yearly. Premium savings = $1638.98. Using HD Plan F, you can spend those "savings" on healthcare costs and BE (breakeven) vs using Plan F. What's the downside...
by lethean46
Mon Jul 08, 2013 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: need cash - Roth or taxable?
Replies: 4
Views: 588

Re: need cash - Roth or taxable?

Does it make sense to preserve the Roth, for the long haul. And generate the needed cash from the taxable account, even thought this will result in cap gain taxes at 15%. Yes. Default is to spend from your taxable account. Main reason is that having a taxable account increases your tax liability (d...
by lethean46
Mon Jul 08, 2013 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: need cash - Roth or taxable?
Replies: 4
Views: 588

Re: need cash - Roth or taxable?

perhaps you can do some simple models to fit your own situation: Ex: start w/ 10K in Roth and 10K in taxable 1) Sell 10K taxable. Assume basis is 5K . LTCG = 5K taxed at 15% = 0.75K tax . You net 9.25K which you gift. Now you have 0 in taxable and 10K in Roth for a total of 10K. 2) You give 9.25K f...
by lethean46
Mon Jul 08, 2013 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: need cash - Roth or taxable?
Replies: 4
Views: 588

need cash - Roth or taxable?

I seem to need help thinking this through. Anything I am overlooking? My husband is 73 and I am 66. I need to generate some cash and vacillate between tapping a Roth account or tapping a taxable account. Cap gains in the taxable account would be taxed at 15%. Roth taxed at 0%. All SS is taxable. RMD...
by lethean46
Tue Jun 25, 2013 6:25 pm
Forum: Personal Consumer Issues
Topic: Piano purchase
Replies: 35
Views: 4574

Re: Piano purchase

I'm standing firm on this. Digital pianos just don't have the aesthetic value of a traditional piano. And when it comes time to sell or trade up, you'll get a better return on your investment. I agree. One is trying to mimic the touch and sound of the other? Kind of says it all, to me. Dave. Have y...
by lethean46
Mon Jun 24, 2013 9:30 pm
Forum: Personal Consumer Issues
Topic: Piano purchase
Replies: 35
Views: 4574

Re: Piano purchase

Here's the history of the Baldwin Piano Company. Interesting. First BK was in 1983. Were they cheapening the product prior to BK? Who knows. Therefore, I'd stick with pianos from the 50s, 60s, or 70s.

http://en.wikipedia.org/wiki/Baldwin_Piano_Company
by lethean46
Mon Jun 24, 2013 9:07 pm
Forum: Personal Consumer Issues
Topic: Piano purchase
Replies: 35
Views: 4574

Re: Piano purchase

I was told years ago - that a test was administered to piano teachers. They listened to Baldwin pianos being played but did not actually see the pianos. I believe I remember that those teachers chose the Baldwin Acrosonic over the Baldwin baby grand. IOW, they were comparable. I grew up playing a Ba...
by lethean46
Mon Jun 24, 2013 7:54 pm
Forum: Personal Consumer Issues
Topic: Piano purchase
Replies: 35
Views: 4574

Re: Piano purchase

I would look for a used Baldwin Acrosonic piano manufactured in the 50s, 60s, maybe 70s. Baldwin was sold at some point in time to a much bigger company. You might be able to find the year with a google search. I would avoid Acrosonics after the sale date. Consider the rent money a sunk cost. My rec...
by lethean46
Tue Jun 18, 2013 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare BCBS HD Plan F premium increase
Replies: 10
Views: 1589

Re: Medicare BCBS HD Plan F premium increase

It was no mistake. BCBS increased premiums for 2013 on their HD Plan F by 12%. 65 year old in 2012 vs 65 year old in 2013 = 12% rate increase. 65 year old in 2012 vs 66 year old in 2013 (me) = 20% premium increase. Now at least I get that! I found the BCBS Supplemental chart of rates for ALL plans f...
by lethean46
Tue Jun 18, 2013 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare BCBS HD Plan F premium increase
Replies: 10
Views: 1589

Re: Medicare BCBS HD Plan F premium increase

That was the wrong link. Here it is. Rate increases for the different Medicare Supplemental Plans in OH.

http://myemail.constantcontact.com/Anth ... AiGJ14ZP-4
by lethean46
Tue Jun 18, 2013 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare BCBS HD Plan F premium increase
Replies: 10
Views: 1589

Re: Medicare BCBS HD Plan F premium increase

HD = high deductible. Yes. At 70, husband had Plan F with AARP. Premium was $2394. At 71, he had HD Plan F with Anthem BCBS. Premium was $760 which includes the 5% discount and a $48 discount for paying yearly. At 72, has has HD Plan F with Anthem BCBS. Premium will be $897 net of those same discoun...
by lethean46
Tue Jun 18, 2013 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare BCBS HD Plan F premium increase
Replies: 10
Views: 1589

Re: Medicare BCBS HD Plan F premium increase

The Anthem BCBS Outline of Supplemental Coverage on Page 2 lists premium rates for attained age for the various plans.

It'll be interesting to see the rates for ALL the plans for 2012 and 2013. A, F, HD F, G, and N.
by lethean46
Tue Jun 18, 2013 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare BCBS HD Plan F premium increase
Replies: 10
Views: 1589

Re: Medicare BCBS HD Plan F premium increase

Thanks Alan. We are 6 months in OH and 6 months in FL. I thought that I looked at our options pretty thoroughly including MA plans. I thought I wanted the go anywhere original Medicare coverage. I remember that one MA plan was interesting - until I found out that the largest hospital in our area of ...
by lethean46
Tue Jun 18, 2013 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare BCBS HD Plan F premium increase
Replies: 10
Views: 1589

Re: Medicare BCBS HD Plan F premium increase

Contract says that BCBS has the right to increase the premium at any time in the future. Each premium will be based on the rate table in effect on the premium's due date. Interestingly, the rate table for the current year is not provided. I had to call and ask for it. However, there is a page in the...
by lethean46
Tue Jun 18, 2013 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare BCBS HD Plan F premium increase
Replies: 10
Views: 1589

Medicare BCBS HD Plan F premium increase

Curious. What are others seeing in premium increases for Medicare Supplement HD Plan F? We are in OH. Husband is 72 and I am 66. Premium increases for us were 18% and 20%, respectively. Can that be right? It seems too high to me. I have called BCBS requesting 2012 and 2013 Outline of Medicare Supple...
by lethean46
Tue May 28, 2013 10:09 pm
Forum: Investing - Theory, News & General
Topic: Financial Literacy Must Be Taught!
Replies: 55
Views: 4537

Re: Financial Literacy Must Be Taught!

Most posters are focusing on the very young, which is a very important target audience. I'd like to challenge you to think about the masses of financially illiterate Baby Boomers that surround us. Starting in 2009 I began teaching a 6 session / 9 hours total class on retirement planning in my local...