Search found 53 matches

by Wellesley
Fri Jan 25, 2013 5:41 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor
Replies: 81
Views: 8667

Re: Happy Birthday Taylor

As late as I am in this day, Taylor, I hope you're having a superb birthday; and please accept my thanks for the mountainous help you've given (and are giving) to me and all Bogleheads.

Happiness to you and yours, Taylor,

Harry
by Wellesley
Thu Jan 03, 2013 9:57 am
Forum: Investing - Theory, News & General
Topic: Any chance the I Bonds fixed rate will increase in 2013?
Replies: 7
Views: 1530

Re: Any chance the I Bonds fixed rate will increase in 2013?

Think it would be more likely that the Jets will walk off with the NFL Super Bowl cfhampionship a few weeks hence. I am, however, a definite fan of I-Bonds, and greatly appreciate Mel's understanding of them early on and his thoughtfulness and large amount of work to wake up the rest of us. Sincerel...
by Wellesley
Thu Dec 20, 2012 12:40 pm
Forum: Personal Consumer Issues
Topic: Cost of allerigies, allergy drops?
Replies: 12
Views: 1438

Re: Cost of allerigies, allergy drops?

magneto, thought your post this morning was very accurate and helpful. If you are willing to be even a little more specific as to particular items you think bothersome and/or those you think helpful, we would be very appreciative. FWIW, my wife and I have allergies which are more troublesome under t...
by Wellesley
Mon Dec 10, 2012 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA Tax Question
Replies: 2
Views: 340

Re: Rollover IRA Tax Question

Thanks, pshonore, for your additional info,

Harry
by Wellesley
Mon Dec 10, 2012 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA Tax Question
Replies: 2
Views: 340

Rollover IRA Tax Question

DW's uncle has a Rollover IRA which consists of Vanguard Funds, plus one common stock holding (the company for which he worked nearly 30 years) and one Limited Partnership holding which he purchased several months ago. Yesterday he asked me a question for which I have an opinion but not a definitive...
by Wellesley
Mon Oct 24, 2011 10:19 am
Forum: Investing - Theory, News & General
Topic: New I Bond Web Site
Replies: 34
Views: 6058

Re: New I Bond Web Site

I'm with you, Cruncher; thanks a million,

Harry
by Wellesley
Mon Oct 24, 2011 8:16 am
Forum: Investing - Theory, News & General
Topic: New I Bond Web Site
Replies: 34
Views: 6058

Re: New I Bond Web Site

Cruncher, like your new I-bond web site and appreciate your help to many Bogleheads. But find some differences between your calculations and my calculators -- which could of course be my error. For example, let's use a hypothetical case of someone purchasing a $10,000 I-bond in March '06; then one i...
by Wellesley
Fri Oct 14, 2011 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: New Tracfone charges?
Replies: 8
Views: 1515

New Tracfone charges?

Bought a Tracfone for my wife about six years ago. Charges have gone up several times since then and today our email in-box showed a note from Tracfone saying she has nine days left before service is ended (including stored minutes) unless a new fee is met forthwith. No mention of what the fee is, a...
by Wellesley
Mon Jul 04, 2011 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Switching to Vanguard help
Replies: 8
Views: 1059

Transfer from Fido to Vanguard

Mike, unfortunately you won't be able to garner the recent Admiral ER incentives on a 403(b)7 plan. But Investor ERs may well be lower than some of Fido's.

Good luck,

Harry
by Wellesley
Thu Oct 07, 2010 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: John now enjoys Admiral ERs, but Joan does not....
Replies: 15
Views: 2806

John now enjoys Admiral ERs, but Joan does not....

With all the 'Admiral-share' talk yesterday and today, perhaps someone has mentioned the following but, if so, I've somehow missed it. Joan has nearly $500,000 in her 403-b, distributed amongst five funds, all of which have long offered Adm status in most situations. But not in a 403-b. Young John, ...
by Wellesley
Tue Oct 05, 2010 5:03 pm
Forum: Personal Consumer Issues
Topic: Getting Rid Of Land Line Phone
Replies: 62
Views: 9263

Abandoning land lines...

Note that no one (including EmergDoc) has so far mentioned any concern over time potentially presenting some health issues connected with cell phones.

Any comments?
by Wellesley
Wed Sep 29, 2010 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for SS benefits, then suspending...
Replies: 2
Views: 765

Applying for SS benefits, then suspending...

The parents of a neighbor visited their nearest SS office recently to see if the wife could increase her monthly benefit up to 1/2 of husband's. Both are beyond full retirement age but husband (67+) has never applied for benefits, having decided to wait until age 70. They had heard that husband coul...
by Wellesley
Sun Jun 06, 2010 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: How do we get a 30K I-Bond purchase in March 2008 entered in
Replies: 11
Views: 1495

I-Bond question

Spidercharm,

Sorry I couldn't answer your query but our electricity has been off all day until minutes ago. Mel beat me to it...and that way you doubtless received a better answer!

Regards,

Harry
by Wellesley
Sat Jun 05, 2010 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: How do we get a 30K I-Bond purchase in March 2008 entered in
Replies: 11
Views: 1495

Re 30K I-Bond purchase

Ah, that's exactly what he did: he entered 3 tens rather than 6 fives. You nailed it perfectly, Mel, as usual. Thanks and regards,

Harry
by Wellesley
Sat Jun 05, 2010 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: How do we get a 30K I-Bond purchase in March 2008 entered in
Replies: 11
Views: 1495

I-Bond Purchase

Thanks, Mel, for your reply, but perhaps I didn't make matters clear enough. Friend bought 30K in his name more than two years ago in March '08. He downloaded the new Wizard this morning but the inventory report refused to show the 30K he'd bought and paid for...with a notice that that size purchase...
by Wellesley
Sat Jun 05, 2010 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: How do we get a 30K I-Bond purchase in March 2008 entered in
Replies: 11
Views: 1495

How do we get a 30K I-Bond purchase in March 2008 entered in

the Wizard? A gentleman and family friend living in a nearby town made a 30K I-Bond purchase for his wife in January '08. Then in March of the same year someone told him that TD was still accepting 30K purchases in March. He asked me, I thought it was too late, but I visited him and we tried. Purcha...
by Wellesley
Thu Apr 29, 2010 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Is Prime MM costing me money?
Replies: 30
Views: 5884

Limited Term Bond

Do be aware that writing checks vs Limited Term Bond can get a little hairy at tax time.

Regards,

Harry
by Wellesley
Tue Mar 16, 2010 11:03 am
Forum: Investing - Theory, News & General
Topic: high fee brokers survival (i.e. wachovia/wells fargo)?
Replies: 22
Views: 3627

Lower commissions...

bigH, I'm not sure why someone would want many trades, but re however many you do want, I think you might benefit by paying more attention to livesoft. As he's saying, you're eminently suited for free trading.

Good luck,

Harry
by Wellesley
Sun Nov 22, 2009 1:11 pm
Forum: Investing - Theory, News & General
Topic: Anybody using Vanguard Variable Anuuities?
Replies: 25
Views: 5135

It's interesting to see a number of posts on

a subject not often discussed by Bogleheads. But a point I've seen no mention of as yet follows. A friend tells me that Vanguard is probably going to 'break the buck' on the variable annuity's money market fund. I'm not sure his terminology is correct as I think holdings therein are constituted of a...
by Wellesley
Sat Nov 21, 2009 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: place for cash in wellstrade
Replies: 7
Views: 1944

You're right: there is no place.

The best I'm aware of is a 'high yield' acct with the bank you're connected with at WF, which was yielding 0.5 last I knew. But that was subject to change at any time. The only other suggestion I'm aware of is to transfer cash elsewhere if you have a greener pasture. Can always replace it should you...
by Wellesley
Sat Sep 19, 2009 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Recognizing Cap Gain to avoid CG rate increase
Replies: 13
Views: 2147

One wonders if folks aren't

often misunderstanding things if they consider a capital gains tax increase from 15% to 20% as a five percent increase...when it is actually a 33 1/3% accretion.

Also if one really assumes that a move from 15% to 20% would not affect incomes any lower than $250,000.

Sincerely,

Harry
by Wellesley
Fri May 01, 2009 8:29 am
Forum: Investing - Theory, News & General
Topic: Satisfied with a 5.5% long term return
Replies: 91
Views: 14378

EnlightenMe, I am concerned re several parts of the so-called Moron's Portfolio which you've mentioned. Simply for starters, how has back-testing been carried out inasmuch as a number of the relevant funds have not been in existence for the period back-tested? Same thing with the earlier mentioned V...
by Wellesley
Sun Feb 22, 2009 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Eyeglasses
Replies: 14
Views: 4050

Eyeglasses

Many thanks for the replies in answer to my query,

Harry
by Wellesley
Sat Feb 21, 2009 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Eyeglasses
Replies: 14
Views: 4050

Eyeglasses

Last year, or possibly even in '07, we had a good thread about purchasing spare pairs of eyeglasses online at considerable savings over buying locally. One poster, a retired ophthalmologist from the Minneapolis area if I remember correctly, had some excellent ideas. Does anyone know how to pull up t...
by Wellesley
Fri Jan 02, 2009 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC Question
Replies: 16
Views: 3527

HELOC Question

Auream,

Thanks for your thoughtful and informative response. I surely agree, assuming expenses can be contained and potential problems are reasonably sought out and carefully appraised.

Regards,

Harry
by Wellesley
Fri Jan 02, 2009 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC Question
Replies: 16
Views: 3527

HELOC Question

One of my uncles sent me this note today. I am repeating it almost verbatim and would surely appreciate any and all responses. "As I see mortgage rates drop, I'm wondering if I can take some advantage. Have what may be a misguided idea and would appreciate your opinion. When we bought the house we g...
by Wellesley
Sun Nov 30, 2008 8:46 am
Forum: Personal Finance (Not Investing)
Topic: A seemingly serious Swiss bank query!
Replies: 9
Views: 2439

...Swiss Bank...

cflannagan and Avo,

Bank is question is also UBS.

Regards,

Harry
by Wellesley
Sat Nov 29, 2008 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: A seemingly serious Swiss bank query!
Replies: 9
Views: 2439

A seemingly serious Swiss bank query!

A lady visiting over the holiday mentioned a situation I've never had occasion to consider. Let's first establish the fact that I have heard only her rendition of the matter...but she's a professional woman who has always been known for her impeccable credentials. Some time ago she spent two years w...
by Wellesley
Thu Oct 30, 2008 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: TracFone advice appreciated
Replies: 33
Views: 8436

TracFone commentsM

Many thanks to those folks who have so cordially thus far responded to my query.

Regards,

Harry
by Wellesley
Thu Oct 30, 2008 9:40 am
Forum: Personal Finance (Not Investing)
Topic: TracFone advice appreciated
Replies: 33
Views: 8436

TracFone advice appreciated

My wife has a TracFone which she rarely uses (some 800 units currently available). She normally visits WalMart annually and pays approximately $100 for some new units and a year of non-interrupted usage. Some months ago I viewed a forum here which spoke of a monthly plan of TracFone's which seemed t...
by Wellesley
Sat Jun 14, 2008 9:06 am
Forum: Investing - Theory, News & General
Topic: How To Get Rich
Replies: 86
Views: 27927

How To Get Rich

Yours is an excellent piece, EmergDoc. Showed it to one of my neighbors who immediately asked if you make house calls.

But then, within a second or so said, 'Actually he does, right? If I join this forum I'd receive such gems right at my computer.'

You smartened him up already!
by Wellesley
Sun Jun 01, 2008 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Mel, re a variable annuity post to you in the Diehards Forum
Replies: 6
Views: 1674

Mel, re a variable annuity post to you in the Diehards Forum

Mel, thanks much for your thoughtful and comprehensive reply to my query.

No, I had not noticed your and Taylor's negative scores on the other Forum. Seems like sour grapes on someone's part; sure hope neither of you will let that stop your inestimable contributions.

Regards again,

Harry
by Wellesley
Sun Jun 01, 2008 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Mel, re a variable annuity post to you in the Diehards Forum
Replies: 6
Views: 1674

Mel, re a variable annuity post to you in the Diehards Forum

Mel, your and Huey's answers to the questions asked were superb. But the thread leads to a further query on my part. My wife and I are in line to be the beneficiary(ies) of a variable annuity at a presumably not-too-distant date. Part #8 of the Paul Merriman piece (10 Reasons I Think Variable Annuit...
by Wellesley
Tue May 13, 2008 9:16 am
Forum: Investing - Theory, News & General
Topic: Move from VG to WellsFargo
Replies: 36
Views: 8840

Sooner Sun Devil, note that Vang will not

accept purchases of their Tax-Free Money Market Accts through Wells Fargo at this time. If I remember correctly this prohibition commenced sometime in February of this year.

Regards,

Harry
by Wellesley
Sun May 04, 2008 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Best process to take IRA distributions in retirement
Replies: 11
Views: 4119

Money Market Fund for IRA

prentis, a number of posters are advising VMSXX as a money market depository. It's indeed a yield favorite at the moment. But be wary of the fact that presently 17.1% of fund's income is from private activity bonds which could subject someone to AMT trouble.

Regards,

Harry
by Wellesley
Thu Apr 17, 2008 8:46 am
Forum: Investing - Theory, News & General
Topic: Required Minimum Distributions and Social Security Question
Replies: 9
Views: 2511

Required Minimum Distributions and Social Security Question

A neighbor explained yesterday that, whereas he understands his RMDs (from two tax-deferred accounts) are indeed taxable, he was told by SS that these funds are not used in establishing the percentage of his social security that is taxable. I've not arrived at the point where this matter is applicab...
by Wellesley
Fri Dec 28, 2007 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Is CSCO worthless?
Replies: 7
Views: 1976

Smithdad, if the company is investing its earnings

to better effect than most shareholders might use the cash from payouts, there is considerable advantage in there being no payouts. Warren Buffett (BRK) is perhaps one of the prime exemplars of this. The shareholder receives his benefits in increased value of his shares. To say nothing of his increa...
by Wellesley
Wed Nov 21, 2007 6:10 pm
Forum: Investing - Theory, News & General
Topic: For those interested --upcoming hour long radio interview
Replies: 28
Views: 5981

Larry's upcoming radio interview:

If we were able to total the time Larry spends answering questions on this Forum, and if we could quantify the quality of his answers, I think we ought to be a bit surprised that anyone would object to his announcing the time and station of a program that will freely give us yet additional informati...
by Wellesley
Sat Oct 13, 2007 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: How many games will Borowski blow in the ALCS?
Replies: 19
Views: 5333

AWoofter, there are a few of us, I suspect,

who hope that JB doesn't get the opportunity to close any games in this series.

the best,

Harry
by Wellesley
Sat Aug 18, 2007 4:15 pm
Forum: Investing - Theory, News & General
Topic: FYI: Explanation of credit crisis by John Mauldin
Replies: 3
Views: 1346

Al, thanks for the link

to John Mauldin's 'explanation.' Quite an analysis!

Harry
by Wellesley
Mon Jul 30, 2007 10:38 am
Forum: Personal Finance (Not Investing)
Topic: OT Ole Meph et al,
Replies: 8
Views: 2196

Hi, Ole Meph (got it right this time):

It is not an accidental death only policy. Think it's indeed whole life but see nothing to indicate any reason for it not to pay from date of acceptance. Alas, I have no way of providing more info, although wish I could. I have suggested that my friend call the company and seek answers to our questi...
by Wellesley
Mon Jul 30, 2007 10:12 am
Forum: Personal Finance (Not Investing)
Topic: OT Ole Meph et al,
Replies: 8
Views: 2196

Couple of answers

Valuethinker: Insurance offered is surely not term. Merely billed as 'preferred life insurance.' It's what I suppose some folks might call 'whole life.'

Socrativestor: I certainly did mean Ole Meph.
by Wellesley
Mon Jul 30, 2007 9:48 am
Forum: Personal Finance (Not Investing)
Topic: OT Ole Meph et al,
Replies: 8
Views: 2196

OT Ole Meph et al,

I have always considered insurance solicitations to older folks offering a small amount of life insurance without any physical exam as probably extremely expensive and doubtless of much value to the customer. But a fairly close friend of 73 who probably does not need any life insurance recently rece...
by Wellesley
Thu Jun 14, 2007 4:09 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo brokerage to change cash sweep option
Replies: 52
Views: 25261

livesoft, I genuinely would appreciate your advice

on how to purchase VMMXX with cash sitting in an IRA at WF, for instance.

Regards,

Harry
by Wellesley
Thu Jun 14, 2007 9:42 am
Forum: Investing - Theory, News & General
Topic: Wells Fargo brokerage to change cash sweep option
Replies: 52
Views: 25261

Think those posters are correct

who've suggested that WF has unfortunately changed the rules of the game shortly after a major attempt to procure new accounts. Their money money change does not simply reflect the normal ups and downs of interest rates: this is a different ball game altogether. Some posters have advanced alternativ...
by Wellesley
Sun Jun 03, 2007 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Floating Rate High Income FFRHX vs. Money Market
Replies: 9
Views: 5224

John, With all due respect, I surely wouldn't consider placing 80% (or anywhere near that percentage) of my cash stake in Fido Floating Rate High Income. As several other posters have correctly stated, this is not to be confused with a money market fund. Whereas many of the fund's credit risks may i...
by Wellesley
Sat May 26, 2007 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Write Bogle Haiku, Win Bogle-autographed 'Little Book'
Replies: 39
Views: 17244

Jack may well have done
More for more investors, yea
Than any other soul
by Wellesley
Wed May 09, 2007 12:36 pm
Forum: Investing - Theory, News & General
Topic: What funds would you like to see Vanguard add to it's menu?
Replies: 41
Views: 18619

No one has mentioned an AMT fund.

Suspect Fido's AMT fund has drawn away quite a lot of money. This would be my favorite pick for a new Vanguard offering. Also would enjoy an international bond fund, an international real estate fund, and an international small value fund with a reasonable amount of emerging markets small value, Harry
by Wellesley
Tue Apr 10, 2007 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Money Market Funds: Prime vs Treasury vs Tax Exempt
Replies: 5
Views: 3468

The Finance Buff

I agree with the foregoing three posts. Think your project a welcome addition for numerous folks. Much appreciated,

Harry
by Wellesley
Thu Mar 15, 2007 11:23 am
Forum: Investing - Theory, News & General
Topic: How to use M* Xray?
Replies: 14
Views: 5399

KC,

Will try your suggestion. Thanks much,

Harry