Search found 207 matches

by Chaconne
Fri Nov 06, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: Marketwatch.com started charging recently
Replies: 22
Views: 2801

Re: Marketwatch.com started charging recently

For retirement articles, I've noticed that Marketwatch often runs articles taken (with permission) from https://www.nextavenue.org/, which is a site I find to be valuable. I've never been a fan of Marketwatch's practice of running doomsday stories one day and sunshine stories the next!
by Chaconne
Sun Jul 05, 2020 7:26 pm
Forum: Investing - Theory, News & General
Topic: Simple retirement plan. Crazy idea?
Replies: 49
Views: 5986

Re: Simple retirement plan. Crazy idea?

GaryA505: This is similar to what we did. Around the age of 80 my wife and I purchased two Single Premium Immediate Annuities (SPIAs), which when added to our Social Security and my U.S. Government Pension income, assured us a comfortable income as long as we live. At my age 96, it is probably the ...
by Chaconne
Sun Jul 05, 2020 6:40 pm
Forum: Investing - Theory, News & General
Topic: Simple retirement plan. Crazy idea?
Replies: 49
Views: 5986

Re: Simple retirement plan. Crazy idea?

I honestly don't understand enough about SPIAs or the companies that issue them to know if this is a potential problem, but should we be worried about the long-term solvency of those companies in a post-COVID world? THANKS.
by Chaconne
Tue Jun 02, 2020 12:03 pm
Forum: Personal Consumer Issues
Topic: Question about Medicare/Health Insurance for my Mom
Replies: 14
Views: 820

Re: Question about Medicare/Health Insurance for my Mom

Sorry to hear of your issue. If you, your brother or your mother have created a Medicare online account for your mom, the Medicare website has a very effective plan-finder. You would enter the drug(s) in question, and the website would tell you which plans cover the drug(s), if any. See this: https:...
by Chaconne
Wed May 20, 2020 10:37 am
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 7392

Re: Discarding Music CDs

vitaflo wrote: Tue May 19, 2020 11:00 amThat said, the likelihood that you'll be able to tell the difference in quality is minimal at best.
That statement would start an all-out brawl on some forums I frequent! :happy
by Chaconne
Mon May 11, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Estimating social security in the future
Replies: 29
Views: 2256

Re: Estimating social security in the future

I guess this is the first coronavirus-era post on this thread. The link below leads to an article that suggests that, due to the economic effects of the coronavirus, the Social Security trust fund may be depleted as much as two years sooner than previously expected, from 2035 to 2033. I guess we sho...
by Chaconne
Sun May 10, 2020 2:30 pm
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 110
Views: 7246

Re: Password vault or generator?

One thing I don't understand about password managers is, how do they (or you) change the old passwords you've been using all along? Do you have to visit every website you frequent, log in, hit "change password" and then what? That's really the only hangup I have about starting to use a pas...
by Chaconne
Tue May 05, 2020 8:07 pm
Forum: Personal Investments
Topic: Close to retirement and don't know what to do
Replies: 33
Views: 4194

Re: Close to retirement and don't know what to do

This is my first time using this website so I apologize if I am posting this in the wrong place. My husband and I are both 63 and he is planning on retiring in a few years - possibly 3 years (I don't work). I have the majority of our money in Vanguard target retirement fund VTTVX 2025 (also some is...
by Chaconne
Tue May 05, 2020 11:22 am
Forum: Personal Investments
Topic: Tell me what I don't know about retirement?
Replies: 55
Views: 5135

Re: Tell me what I don't know about retirement?

Getting ready to setup mum with Medicare, and the whole deal is a complex, and expensive sham. Its amazing govt can't get their act together to at least simplify the current benefits. (Not necessarily increase or improve them...) Just make the whole process easier & simpler for folks who are cl...
by Chaconne
Sun May 03, 2020 6:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 80
Views: 7804

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

Speaking of online security and just in case the worst happens, it's good to keep in mind Vanguard's reimbursement policy: "We'll reimburse you the amount taken from your Vanguard account in an unauthorized online transaction on vanguard.com if you've followed the steps described in the Your re...
by Chaconne
Sun Apr 26, 2020 1:21 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6039
Views: 1405645

Re: What Movie Have You Recently Watched?

"The Plot against America" It's a six-part HBO series now also available on Amazon Prime. Based on the 2004 Philip Roth novel of the same title, it imagines that American hero and purported anti-Semite Charles Lindbergh defeated FDR in the 1940 presidential election. The parallels to today...
by Chaconne
Sun Apr 12, 2020 11:56 am
Forum: Personal Investments
Topic: Advice for relative who wants guaranteed lifetime income
Replies: 62
Views: 3648

Re: Advice for relative who wants guaranteed lifetime income

(I've not read every post here, so forgive me if this has already been mentioned.)

Be sure you're not overlooking the obvious: When one of the relatives dies, his or her Social Security will come to an end, possibly meaning that the pension + SS will no longer meet their expenses.
by Chaconne
Fri Apr 10, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4792
Views: 1298172

Re: What Book Are You Currently Reading? Part VI

Moby-Dick (yet again!) Because it is the greatest one. Reading this now, because the local library started an online book club and thinks we have some time on our hands. I tried to read it about a decade ago and gave up after about 200 pages. Liking it much better this time around. Strangely, other...
by Chaconne
Thu Apr 09, 2020 6:35 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4792
Views: 1298172

Re: What Book Are You Currently Reading? Part VI

Moby-Dick (yet again!) Because it is the greatest one. Portnoy's Complaint because of Roth's brilliance. Two I would suggest for our troubled times: The Skin of Our Teeth , a wildly theatrical play by Thornton Wilder about George Antrobus, a man who invented the wheel and fire and who shepherded hi...
by Chaconne
Wed Apr 08, 2020 5:59 pm
Forum: Personal Consumer Issues
Topic: Make Clorox Spray Instead of Lysol Spray
Replies: 77
Views: 5739

Re: Make Clorox Spray Instead of Lysol Spray

According to the Clorox site, you also have to know which kind of Clorox you have in order to prepare the proper solution. They are identified by UPC number on the page that others have linked to. I highly recommend reading the page. Here again is the link: https://www.clorox.com/how-to/disinfecting...
by Chaconne
Wed Apr 08, 2020 9:03 am
Forum: Personal Consumer Issues
Topic: Instacart delivery slots?
Replies: 40
Views: 2905

Re: Instacart delivery slots?

Thanks to everyone for more info than I could have hoped for!
by Chaconne
Tue Apr 07, 2020 9:24 am
Forum: Personal Consumer Issues
Topic: Instacart delivery slots?
Replies: 40
Views: 2905

Re: Instacart delivery slots?

Thanks, everyone. I think I'll give it a try!
by Chaconne
Tue Apr 07, 2020 8:49 am
Forum: Personal Consumer Issues
Topic: Instacart delivery slots?
Replies: 40
Views: 2905

Instacart delivery slots?

I have never used Instacart, but do I understand this correctly? Shopping online with Instacart, you don't find out what delivery slots are available until AFTER you've taken the time and trouble to select your grocery items? That's the way it looks from the tutorials I've seen. It would seem to me ...
by Chaconne
Mon Apr 06, 2020 6:59 pm
Forum: Personal Investments
Topic: [Panicked and moved to cash. What to do next?]
Replies: 106
Views: 13225

Re: [Panicked and moved to cash. What to do next?]

If I'd had a mil when I was 37, I would have considered myself the biggest winner on the planet! You can learn from this, and one of the things you may learn is what your true risk tolerance is. I learned this at the age of 69. I made a move, too, (much less drastic than yours) but I think I'll be f...
by Chaconne
Tue Mar 24, 2020 10:03 am
Forum: Investing - Theory, News & General
Topic: Why decreasing stock allocation after a big dip can sometimes make sense
Replies: 131
Views: 6071

Re: Why decreasing stock allocation after a big dip can sometimes make sense

"Everybody has a plan until they get punched in the mouth." --Mike Tyson Before you retire, you can evaluate your risk tolerance all you want. Work the calculations. Pore over the charts. Do it all. But suddenly things seem quite different when there seems to be no end to a market dive and...
by Chaconne
Mon Mar 23, 2020 5:55 pm
Forum: Investing - Theory, News & General
Topic: Goldmans View - $110 S&P 500 EPS in 2020 (-33%), then $170 EPS in 2021 (+55%) - Near Term 2k S&P Going to 3k
Replies: 12
Views: 1546

Re: Goldmans View - $110 S&P 500 EPS in 2020 (-33%), then $170 EPS in 2021 (+55%) - Near Term 2k S&P Going to 3k

LFKB wrote: Mon Mar 23, 2020 1:10 am Brief Summary
In a “V”-shaped recovery scenario, S&P 500 EPS will grow by 55% to $170 in 2021, and the index will end 2020 at 3000 (30% above the current level).
Whew! Thanks for posting this. During the last month, I was starting to get a little worried! :D
by Chaconne
Mon Mar 23, 2020 11:35 am
Forum: Personal Investments
Topic: Account restricted question
Replies: 7
Views: 549

Re: Account restricted question

I don't know how much money you're talking about, but if it's a lot, you may be limited by Vanguard's large transaction policy:

https://advisors.vanguard.com/VGApp/iip ... ments/ltqt

Or you may not be. I really don't know much about this.
by Chaconne
Mon Mar 23, 2020 10:52 am
Forum: Personal Investments
Topic: How does Vanguard define "large dollar amount" for exchanges?
Replies: 4
Views: 435

Re: How does Vanguard define "large dollar amount" for exchanges?

Well, with a bit of digging, I believe I've answered my own question. (But I always count on you folks before myself!)

https://advisors.vanguard.com/VGApp/iip ... ments/ltqt

Looks like it varies by fund, from $500,000 to $10,000,000! Apparently I"m good to go!
by Chaconne
Mon Mar 23, 2020 10:20 am
Forum: Personal Investments
Topic: How does Vanguard define "large dollar amount" for exchanges?
Replies: 4
Views: 435

How does Vanguard define "large dollar amount" for exchanges?

I frequently see this in fund prospectuses (prospecti?): "Call Vanguard before attempting to exchange a large dollar amount . By calling us before you attempt to exchange a large dollar amount, you may avoid delayed or rejected transactions." How do they define "large dollar amount&qu...
by Chaconne
Sat Mar 21, 2020 2:06 pm
Forum: Personal Investments
Topic: Prime MMF's stake in "Yankee/Foreign" in a COVID 19 world
Replies: 3
Views: 347

Prime MMF's stake in "Yankee/Foreign" in a COVID 19 world

I've noticed that Vanguard's Prime MMF now lists "Yankee/Foreign" at 61% of its holdings. Is this a concern in today's world? I'm not raising a red flag but am seeking understanding. I've seen this topic addressed previously here, with opinions on various sides. Presumably, Vanguard's tout...
by Chaconne
Fri Mar 20, 2020 8:12 pm
Forum: Personal Investments
Topic: Total Bond Market to Money Market?
Replies: 19
Views: 2614

Re: Total Bond Market to Money Market?

I think this is another form of market timing. Treasuries and money markets look good now, but how about in 3 months? I know VBTLX is down since the start of the crisis, but up 1.38% today.... Yes, Chuck. VBTLX is the reason I gained .15% on a day the Dow lost 900+ points. That's what it's for. It ...
by Chaconne
Fri Mar 20, 2020 8:09 pm
Forum: Investing - Theory, News & General
Topic: I am up 7%!
Replies: 11
Views: 2432

Re: I am up 7%!

I understand your point in posting this, Elysium. In fact you made me check my own performance, and coincidentally, I too am up 7% over the same period (7.2% to be exact). You helped me appreciate the success I've had, despite the current upheavals and gloominess.
by Chaconne
Fri Mar 20, 2020 6:24 pm
Forum: Personal Investments
Topic: Total Bond Market to Money Market?
Replies: 19
Views: 2614

Re: Total Bond Market to Money Market?

I wouldn't use this to support one argument over another, but I was pleasantly surprised today (3/20) to find that my Total Bond Fund did pretty much what it's supposed to do. My balanced fund was -1.10% today and Total Bond was +1.38. I am 0.15% richer today than I was yesterday. Woohoo! On a day t...
by Chaconne
Wed Mar 18, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: $19 Trillion in Corporate Debt At Risk of Default
Replies: 167
Views: 11556

Re: $19 Trillion in Corporate Debt At Risk of Default

Does anyone know if there's a way to follow Bloomberg Barclays U.S. Aggregate Float Adjusted Index (which Vanguard's Total Bond Market tracks) as it moves throughout the day? I can't find anything on it. THANKS.
by Chaconne
Mon Mar 16, 2020 8:12 pm
Forum: Personal Investments
Topic: Bond funds and coronavirus.
Replies: 48
Views: 3760

Re: Bond funds and coronavirus.

Apologies for my ignorance, but when folks here refer to "BND," are they referring to the Vanguard Total Bond ETF or to bonds in general? Thanks.
by Chaconne
Mon Mar 16, 2020 7:29 pm
Forum: Personal Consumer Issues
Topic: Ibuprofen question: Any doctors or pharmacists here?
Replies: 6
Views: 907

Ibuprofen question: Any doctors or pharmacists here?

Is Ibuprofen anything more than a painkiller? (I can't find a clear answer on the internet.) A nurse practitioner told me today that it would not just relieve the pain of my hurt knee but would also promote healing. Is that right? FYI, I didn't get a clear diagnosis but she did say that it was unlik...
by Chaconne
Mon Mar 16, 2020 5:18 pm
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 12624

Re: Safety of Money Market Funds Currently

Nate79 wrote: Mon Mar 16, 2020 2:55 pmInsane that people think that MMF, CD's, savings accounts, and human society are getting ready to break down. You would think that we are in a zombie apocalypse.
+1. This is clearly just a regular apocalypse. :D
by Chaconne
Mon Mar 16, 2020 12:55 pm
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 12624

Re: Safety of Money Market Funds Currently

Thanks, sport. Been with Vanguard since before the internet, and I never knew that!
by Chaconne
Mon Mar 16, 2020 12:25 pm
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 12624

Re: Safety of Money Market Funds Currently

I trust the funds within, and the liquidity of VUSXX (Vanguard Treasury MM Fund), will be safe, but as the rate is sure to fall, I see no issue with moving funds to FDIC insured accounts which offer both protection and a better interest rate. Especially if one doesn't need to lock in for a given te...
by Chaconne
Mon Mar 16, 2020 8:57 am
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 26961

Re: Who is staying course and how are you dealing with net worth going down?

In mid-February (so long ago, it seems!), with a nest egg 40 to 50 times my carefully estimated annual expenditures, my mind turned to the philosophy, “If you’ve won the game, stop playing.” I had recently gone from 60/40 (which I’d held rock-steady for more than 30 years) to 40/60 and figured I’d s...
by Chaconne
Mon Mar 16, 2020 8:41 am
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 12624

Re: Safety of Money Market Funds Currently

Thanks for the explanation, technovelist. And for something ELSE to worry about! :D
by Chaconne
Mon Mar 16, 2020 8:11 am
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 12624

Re: Safety of Money Market Funds Currently

Any opinions on Vanguard's Prime Money Market Fund? https://investor.vanguard.com/mutual-funds/profile/overview/vmmxx I would run away screaming. Treasury-only in this environment. I understand your recommending Treasuries, but I can't tell if your "run away screaming" is genuine or perha...
by Chaconne
Mon Mar 16, 2020 6:57 am
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 12624

Re: Safety of Money Market Funds Currently

Any opinions on Vanguard's Prime Money Market Fund?
https://investor.vanguard.com/mutual-fu ... view/vmmxx
by Chaconne
Sun Mar 15, 2020 10:20 am
Forum: Personal Investments
Topic: New retiree perspective during Corona Crash
Replies: 57
Views: 7209

Re: New retiree perspective during Corona Crash

UPDATED OP SITUATION ON SUNDAY, MARCH 15 Here' where I am: When I hit my all-time high on February 19 (seems like years ago!), my mind constantly wandered to the “if you’ve won the game, stop playing” idea. I thought that maybe my switch from 60/40 to 40/60 wasn’t conservative enough. This kind of w...
by Chaconne
Fri Mar 13, 2020 6:52 pm
Forum: Investing - Theory, News & General
Topic: Is it time to GET OUT?
Replies: 125
Views: 10867

Re: Is it time to GET OUT?

You're thirty-FREAKING-four years old! (Sorry, just jealousy rearing its ugly head.) You've got the potential to keep earning and investing for 30+ years. By that time, this will not even be a blip on your ever-upward wealth curve. IF you stay the course. Heck, if you stay the course, you may well c...
by Chaconne
Fri Mar 13, 2020 6:39 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4077
Views: 321282

Re: Coronavirus and the market

4:00 pm: Dow = 21,807
Close: Dow = 23,185

Up 1,378 just like that. Happy days are here again, bruh!
by Chaconne
Sun Mar 08, 2020 6:43 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38724

Re: Anybody want to guess the bottom of this "dip"?

Sunday night 7:45 ET, and futures for the Dow and S&P 500 are both down over 4%. For what it's worth.
by Chaconne
Sat Feb 29, 2020 9:42 pm
Forum: Personal Investments
Topic: I bet the house. [Rebalanced portfolio to a 10/90 asset allocation]
Replies: 255
Views: 10267

Re: I bet the house.

I wonder whether it would help put things in sharper perspective if we knew how far TomCat96 is from retirement. I don't believe I've seen it anywhere in this thread. TomCat96, I'm not asking you for information you may not want to share, but if you do, it might help us understand your situation. I ...
by Chaconne
Fri Feb 28, 2020 8:31 pm
Forum: Personal Investments
Topic: New retiree perspective during Corona Crash
Replies: 57
Views: 7209

Re: New retiree perspective during Corona Crash

Thanks very much for all the responses. Hirlaw, yes, sequence of returns, indeed. My main point was that you can read and understand everything possible about things like risk tolerance and sequence of returns risk, but until those things hit you squarely in the face—in real time—it's difficult to k...
by Chaconne
Fri Feb 28, 2020 3:09 pm
Forum: Personal Investments
Topic: New retiree perspective during Corona Crash
Replies: 57
Views: 7209

New retiree perspective during Corona Crash

ON EDIT, SUNDAY, MARCH 15, 2020: I thought it might be interesting to revisit this thread in light of recent events. So I've updated my situation. It should be the eighth post on page two. THANKS. I’d like to give—and get—some perspective from a retiree point of view, either those who retired recen...
by Chaconne
Wed Oct 16, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: How much do you spend on cellular annually?
Replies: 59
Views: 4740

Re: How much do you spend on cellular annually?

Another Consumer Cellular boy here. I pay a little over $35/month for more talk, text and data than I'll ever use.

I can't say enough good things about this company.
-Bob
by Chaconne
Mon Oct 07, 2019 9:58 pm
Forum: Personal Consumer Issues
Topic: Broken driver-side window. What to do?
Replies: 30
Views: 2778

Re: Broken driver-side window. What to do?

I doff my cap, miamivice. DIY isn't my strong suit! :happy
-Bob
by Chaconne
Mon Oct 07, 2019 8:28 pm
Forum: Personal Consumer Issues
Topic: Broken driver-side window. What to do?
Replies: 30
Views: 2778

Re: Broken driver-side window. What to do?

Thanks again for all the thoughtful replies. I had no idea there could be so many diverse views on the subject. Here's where I am on this: I stopped by a couple of body shops that I know and trust. Neither one did glass repairs, but both referred me to a shop that they both use when needed. I stoppe...
by Chaconne
Sun Oct 06, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: Broken driver-side window. What to do?
Replies: 30
Views: 2778

Re: Broken driver-side window. What to do?

Thanks to everyone for your replies. I'm sure they will be valuable in resolving this. I appreciate your help.
-Bob