Search found 2277 matches

by GerryL
Mon Jun 10, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Anything you wish you had spent money on when you were younger?
Replies: 73
Views: 7076

Re: Anything you wish you had spent money on when you were younger?

No time to waste on regrets. I did my traveling when I was young, living in different countries and not really considering the long-term future. When I finally "settled down" in my early 40s, I continued to live like a student. I never succumbed to lifestyle creep, although I did start spending a bi...
by GerryL
Mon Jun 10, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: Insights From a Long Call With Vanguard Reps Today
Replies: 74
Views: 12025

Re: Insights from Vanguard

I had a very long call with Vanguard today. We discussed many different topics and I thought some of the things they said might interest some of you, so here are some of my notes and impressions: Not exactly surprising but, they agreed LifeStrategy funds aren’t suited for taxable accounts. thanks f...
by GerryL
Sun Jun 09, 2019 4:11 pm
Forum: Investing - Theory, News & General
Topic: Motley Fool Social Security Tip(s)
Replies: 6
Views: 1399

Re: Motley Fool Social Security Tip(s)

Just go to the library and find the book Get What's Yours: Social Security. Or buy it for a lot less than $99. Be sure to get the most recent edition that is up-to-date with changes to the law. Or just go to Phil Moeller's column on the PBS News Hour webpage Making $ense. (He's a co-author of the bo...
by GerryL
Sun Jun 09, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Having lunch with a retiree
Replies: 16
Views: 2452

Re: Having lunch with a retiree

As I was approaching retirement, I set up time to sit one-on-one with several friends who were further along the path. We all shared experience volunteering at the Zoo and were all single. In the invitation to meet, I said I wanted to talk about their retirement experiences and assured them that thi...
by GerryL
Sun Jun 09, 2019 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Social Security deductions after maxing out Social Security benefit?
Replies: 23
Views: 2276

Re: Social Security deductions after maxing out Social Security benefit?

GPTH (Great Problem To Have).
I'm guessing you didn't just earn the max that is subject to FICA but exceeded FICA limits many years. Congratulations.
by GerryL
Sat Jun 08, 2019 1:39 pm
Forum: Personal Consumer Issues
Topic: Toaster ovens - safe? better alternative?
Replies: 50
Views: 3573

Re: Toaster ovens - safe? better alternative?

There are toaster ovens at around $30 or so, where the emphasis is on "toast." Then there are countertop ovens, also referred to as toaster ovens, that are close to $100 or more. The latter is a key appliance in my kitchen and is used much more than the full-size oven. Toasting bread, reheating pizz...
by GerryL
Sat Jun 08, 2019 12:44 am
Forum: Personal Consumer Issues
Topic: iPad vs. iPad Pro vs. 2-in-1 laptop ...
Replies: 5
Views: 837

Re: iPad vs. iPad Pro vs. 2-in-1 laptop ...

At the price you can now get a new iPad (~$250), is the future-proofing a big deal? Secondary device. Mostly entertainment consumption. The new iPad does work with the pencil (version 1). Not sure about available keyboards. Disclaimer: I just bought the iPad a few months ago to supplement my iPad Mi...
by GerryL
Fri Jun 07, 2019 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Is IRA check writing a security risk?
Replies: 13
Views: 983

Re: Is IRA check writing a security risk?

.......................... Once a year I send the institution holding my IRA a letter asking for checks made out to charities I support, and have the checks mailed to me. This works great. But during the year I send a couple of 1-time contributions, usually related to family and friends deaths. Wit...
by GerryL
Thu Jun 06, 2019 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for credit card in early retirement (before Social Security & IRA withdrawals)
Replies: 2
Views: 346

Re: Applying for credit card in early retirement (before Social Security & IRA withdrawals)

Interesting. I applied for and was quickly approved for the Costco card under the same circumstances. When they asked me what my income was, I said, "It's whatever I want it to be." (Meaning I can withdraw as much as I need from my accounts.) They told me to pick a number, so I did. About a year bef...
by GerryL
Thu Jun 06, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: What is the rationale for cash in your portfolio?
Replies: 36
Views: 2597

Re: What is the rationale for cash in your portfolio?

This year -- first RMD -- I moved the annual RMD amount from stocks and bonds into the settlement fund of my IRA shortly after the market goosed my earnings. Figured it would be easier to take QCDs and RMDs from "cash" as needed/planned throughout the year. That is essentially the only cash in my po...
by GerryL
Thu Jun 06, 2019 12:56 pm
Forum: Personal Investments
Topic: IRA and taxable account
Replies: 13
Views: 1174

Re: IRA and taxable account

One more question.... As I get further down this road with selecting funds, monitoring taxes, thinking about rebalancing, etc, it is starting to feel a bit overwhelming. Would there be anything wrong with just moving the entire thing to Vanguard (taxable and IRA) and paying the .30% advisory fee to...
by GerryL
Thu Jun 06, 2019 12:21 am
Forum: Personal Investments
Topic: IRA and taxable account
Replies: 13
Views: 1174

Re: IRA and taxable account

You have ONE portfolio that consists of an IRA and a taxable account -- and any other investments you have in addition to the inheritance. People here will advise you to look at your portfolio as a whole. That is, if you are comfortable with a 70/30 asset allocation, the next step is to look at how ...
by GerryL
Wed Jun 05, 2019 4:24 pm
Forum: Personal Consumer Issues
Topic: Being given charity that I don't need
Replies: 45
Views: 3543

Re: Being given charity that I don't need

I was going occasionally to a local burger joint (Burgerville). Didn't know they had a senior discount … and didn't figure out for months that the young people behind the counter had actually been giving me the senior discount. I was in my early 60s.
by GerryL
Wed Jun 05, 2019 1:47 pm
Forum: Investing - Theory, News & General
Topic: You May Never See Your Grandchildren Again
Replies: 83
Views: 13977

Re: You May Never See Your Grandchildren Again

What if you don't like your grand kids anyway? I don't answer my phone if the person calling does not start talking to "the machine." Unfortunately, that means I will never get one of those scam calls from someone pretending to by my grandchild and begging for money to get out of a Mexican jail. I ...
by GerryL
Tue Jun 04, 2019 10:15 pm
Forum: Personal Investments
Topic: Problem at Vanguard?
Replies: 42
Views: 5248

Re: Problem at Vanguard?

FYI: On January 1 I checked the balance of my IRA so I could compute the amount of my very first RMD. Wheee! By the time Vanguard computed the RMD a few days later, the figures had changed. Not a lot, but my initial RMD calculation was off. No big deal. Just interesting. Apparently checking as soon ...
by GerryL
Tue Jun 04, 2019 5:55 pm
Forum: Personal Investments
Topic: Play Money in Your Portfolio?
Replies: 12
Views: 852

Re: Play Money in Your Portfolio?

I have a significant stash of company stock that I hold "outside" my portfolio. That is, when I last had my financial plan run, I directed the planner to ignore the stock, and I have a view of the Vanguard website that leaves it out of my asset allocation view. I don't really play with it, but I am ...
by GerryL
Tue Jun 04, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Amazon free shipping, bait-and-switch?
Replies: 46
Views: 4274

Re: Amazon free shipping, bait-and-switch?

I put it into my cart and checkout, said no to free shipping and on the "Choose a delivery option", I can ship 10 days for free. It's the second choice under free 2 day prime. I am not prime. Not Prime. Been ordering more recently -- always purchases eligible for free shipping -- and having items s...
by GerryL
Tue Jun 04, 2019 12:48 am
Forum: Personal Consumer Issues
Topic: Road Trip: After the West Coast
Replies: 8
Views: 687

Re: Road Trip: After the West Coast

Theodore Roosevelt National Park is just off I-94 in western North Dakota We are headed there next week. Yup. I was going to suggest Theo. Roosevelt National Park, too. After I left there I continued south and then east across South Dakota* and into Iowa, where in the northwest corner of the state ...
by GerryL
Tue Jun 04, 2019 12:34 am
Forum: Personal Consumer Issues
Topic: Amazon free shipping, bait-and-switch?
Replies: 46
Views: 4274

Re: Amazon free shipping, bait-and-switch?

If it’s really only giving the next day shipping price and you can’t select slower shipping, there’s probably a bug. Either contact customer support, or wait a day and see if the problem goes away. Interesting that this "bug" has been discussed (as I noted above) since 2015 and there are still repo...
by GerryL
Tue Jun 04, 2019 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distributions
Replies: 57
Views: 4585

Re: Required Minimum Distributions

My plan (which I'm just now beginning to execute on): Do QCDs in first half of year. Then some time during second half take the remainder of the RMD with state and fed taxes withheld. I don't need RMDs for living expenses, and by the end of the year I will have a better idea of how much I want to re...
by GerryL
Mon Jun 03, 2019 6:59 pm
Forum: Investing - Theory, News & General
Topic: You May Never See Your Grandchildren Again
Replies: 83
Views: 13977

Re: You May Never See Your Grandchildren Again

I read this article yesterday. Hadn't noticed the author's name. (I'm bad like that.) Great title for a good kind of click bait. Holding the grandkids hostage to get their hands on your portfolio.
by GerryL
Mon Jun 03, 2019 4:56 pm
Forum: Personal Investments
Topic: Dipping my toe into sale of individual stocks
Replies: 15
Views: 604

Re: Dipping my toe into sale of individual stocks

OP, You are me … 20 years ago. At least as far as holding individual stocks. I was building up a pile of shares through my company's stock purchase plan, but I had no idea what cost basis was, how to sell shares, or what the impact of selling shares could be. I didn't even know what questions to ask...
by GerryL
Mon Jun 03, 2019 4:34 pm
Forum: Personal Consumer Issues
Topic: Medicare broker
Replies: 27
Views: 1019

Re: Medicare broker

Be sure to consult the book Medicare for Dummies. Highly recommended. Also, be aware that many/most brokers do not represent all available plans. Dodecahedron has had good experience with her friendly, neighborhood broker, but the ones I queried did not deal in the high-deductible options. They offe...
by GerryL
Mon Jun 03, 2019 2:27 pm
Forum: Personal Investments
Topic: Do I need a financial planner or investment advisor or just this forum?
Replies: 30
Views: 2932

Re: Do I need a financial planner or investment advisor or just this forum?

I was always too suspicious to hire someone to help me with my finances. How could I be sure they would do right by me? So I kept reading and eventually realized I had gained enough knowledge to do it myself -- for the most part. I have "hired" help for two purposes: Every few years I hire a CPA fri...
by GerryL
Mon Jun 03, 2019 1:50 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 90
Views: 8576

Re: Does money/lack of money preoccupy you?

Interesting. I once went to a shrink , who told me that I have anticipatory anxiety. I worry about what might happen. I liked that term, and think it applies to me. The truth is, my anxiety rarely prevents me from doing what I want to do, and the same shrink told me that the "anticipatory anxiety" ...
by GerryL
Mon Jun 03, 2019 1:39 pm
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 6986

Re: Do you drive old cars for long distance travels?

In 2007 I was about to do my second round-the-country drive and my car was about 10 years old. (Same car I'd driven on the first trip 7 years earlier.) My dad wanted me to get a new car but I decided against it. Had my mechanic do a health check and followed up on maintenance recommendations.* Then ...
by GerryL
Sun Jun 02, 2019 7:25 pm
Forum: Personal Consumer Issues
Topic: Cutting The Cord
Replies: 24
Views: 2066

Re: Cutting The Cord

I've never had a cord to cut. I was always an antenna gal. Have gradually enlarged my world with Netflix (basic, 1 device subscription) and then an OTA Tivo box with a lifetime programming subscription. (That's lifetime of the device, not me.) The Tivo box makes it easy to access YouTube. So my only...
by GerryL
Sun Jun 02, 2019 5:43 pm
Forum: Personal Consumer Issues
Topic: Should I buy Euros from local bank or use ATM in Europe
Replies: 37
Views: 2138

Re: Should I buy Euros from local bank or use ATM in Europe

I wonder if anyone uses Costco citi visa for international travel, since it has no foreign transaction fees, and still earns 3% for restaurant, travel, and 1% everywhere else. I used Costco Citi Visa for travel in France last year and will again in Europe this year. I use my Ally debit card to get ...
by GerryL
Fri May 31, 2019 4:34 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 90
Views: 8576

Re: Does money/lack of money preoccupy you?

I wonder if the process of becoming a Boglehead has necessitated passing through this "obsessing" phase. Has this happened to anyone else? I, too, have spent a bit too much time reading about personal finance and computing different scenarios -- even though I am in no danger of running out of money...
by GerryL
Fri May 31, 2019 1:48 pm
Forum: Personal Consumer Issues
Topic: Blinds for Windows - Where is the best value ?
Replies: 30
Views: 2289

Re: Blinds for Windows - Where is the best value ?

confusedinvestor wrote:
Fri May 31, 2019 12:49 pm
Any other online stores beside blinds.com ?

thanks
SelectBlinds.com
by GerryL
Fri May 31, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Blinds for Windows - Where is the best value ?
Replies: 30
Views: 2289

Re: Blinds for Windows - Where is the best value ?

I ordered blinds online from SelectBlinds when I did my whole house remodel around 7 years ago. I chose to go online because I wanted faux wood mini blinds, which were not available anywhere in stores. I was very impressed with the service. I requested some samples so I could pick the exact color an...
by GerryL
Thu May 30, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Splitting fence cost with neighbor
Replies: 32
Views: 2378

Re: Splitting fence cost with neighbor

Approach first with high, professional cost, stating understanding that according to community docs this is a shared expense. Then offer up the lower-cost proposal. It will seem like a deal. Of course, he is welcome to get his own estimate. I share fences with two neighbors. One is easy-going and co...
by GerryL
Thu May 30, 2019 6:03 pm
Forum: Personal Investments
Topic: Vanguard moving clients from mutual funds to ETFs?
Replies: 34
Views: 3975

Re: Vanguard moving clients from mutual funds to ETFs?

Mr Bogle had no issues with ETFs that followed broad-based indexes, and were bought to hold. He stated his support in his last book. Broken Man 1999 I believe it was at the 2016 Boglehead Conference that Jack Bogle said, "There is nothing wrong with exchange-traded funds … as long as you don't trad...
by GerryL
Wed May 29, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Extra Payments on Monthly Mortgage Considerations
Replies: 37
Views: 3557

Re: Extra Payments on Monthly Mortgage Considerations

IMO, it doesn't make [fiscal] sense unless you're already maxing out all tax advantaged accounts: 401k/457/etc, Roth, HSA, 529, etc... then you can think about paying down a mortgage vs taxable investing. Otherwise, I see the increased [tax advantaged] savings winning out each time. Agree that extr...
by GerryL
Tue May 28, 2019 5:03 pm
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 87
Views: 8602

Re: No more print Money magazine

The June/July issue just showed up in my mailbox. Thought last month's issue was my last. Oh, well. Now I have the final print issue. Wonder if it will be a collector's item? Or should I just stick it in my carry-on when I hit the road next month?
by GerryL
Mon May 27, 2019 6:28 pm
Forum: Personal Consumer Issues
Topic: Using blacklight for cleaning
Replies: 13
Views: 1412

Re: Using blacklight for cleaning

I used a black light during a period when I had a cat who had serious "hygiene" issues. Only way to find where on the carpet she had peed. Well, that or get down on all fours and run your nose through the carpet pile. After identifying the location how would you clean it? I seem to recall that when...
by GerryL
Mon May 27, 2019 3:39 pm
Forum: Personal Consumer Issues
Topic: Packaged tour -- booking own flights?
Replies: 9
Views: 880

Re: Packaged tour -- booking own flights?

We may want to arrive a day early to the starting point, just to avoid the risk and stress of arriving late, etc., but if you're suggesting that the operator may not provide the airport transfer that would be a negative (if not insurmountable issue), in my mind. I will check with OAT on that. That'...
by GerryL
Mon May 27, 2019 2:17 pm
Forum: Personal Consumer Issues
Topic: Packaged tour -- booking own flights?
Replies: 9
Views: 880

Re: Packaged tour -- booking own flights?

So, assuming that I can find cheaper flights by a decent amount I'm thinking of making our own flight arrangements but just want to be sure I'm not overlooking anything. Thank you I travel with Road Scholar, which encourages travelers to book flights with them. Sometimes they have gotten better far...
by GerryL
Mon May 27, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Using blacklight for cleaning
Replies: 13
Views: 1412

Re: Using blacklight for cleaning

I used a black light during a period when I had a cat who had serious "hygiene" issues. Only way to find where on the carpet she had peed. Well, that or get down on all fours and run your nose through the carpet pile.
by GerryL
Mon May 27, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Completely freaked out about withdrawing from retirement accounts....
Replies: 75
Views: 10234

Re: completely freaked out about withdrawing from retirement accounts....

There are some reasons retirement can be emotionally challenging. I am not retired yet, but I know this will happen to me. 1. There are 2 kinds of people: savers and spenders. You are in one of these groups, and cannot switch to the other. It's in your brain. Rational Boglehead retirement implies m...
by GerryL
Mon May 27, 2019 12:15 pm
Forum: Personal Consumer Issues
Topic: London / UK Summer Trip
Replies: 57
Views: 3190

Re: London / UK Summer Trip

Valuethinker is right. Out of curiosity, I entered "Cornwall, United Kingdom" to "South Wales, Mountain Ash CF45 4DA, UK" in google maps. Then, I entered a normal commuter time (3 PM). The fastest route ranges from 3 h 20 min to 4 h 10 min. There's a traffic slow-down on the M4 near Newport (red on...
by GerryL
Sun May 26, 2019 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Debt vs Savings
Replies: 47
Views: 4397

Re: Debt vs Savings

You may already be doing this, but I'll say it just in case: Don't put anything on your credit card that you cannot afford to pay off when the statement comes in. So, you should stop using it until you get rid of the current CC debt and then in the future use it only for what you can afford to pay o...
by GerryL
Sun May 26, 2019 3:39 pm
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 87
Views: 8602

Re: Magellan Fund - - from winner to loser

When I inherited a small amount of money many years ago I decided to make my first investment. I purchased the copy of Money with the year-end fund rankings and put everything on Fidelity Magellan, the winner that year. JPH: I hope this forum encouraged you to sell your "winner" Magellan fund. Morn...
by GerryL
Sun May 26, 2019 3:08 pm
Forum: Personal Consumer Issues
Topic: London / UK Summer Trip
Replies: 57
Views: 3190

Re: London / UK Summer Trip

Instead of the Cotswalds, take the train to Cornwall-Penzance. They have reasonable bus service to the local villages & beaches. You can visit mines, museums, mountains, gardens, rings of standing stones (right at a bus stop,) Tintagel & other Arthurian sites, and take a ship for the day to the Isl...
by GerryL
Sun May 26, 2019 2:54 pm
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 87
Views: 8602

Re: No more print Money magazine

I've been subscribing to Money for several years -- ever since they offered me a $10 annual price. Each year they would ask me to renew at $15, and I would hold out until I got an offer for $10. I repeatedly told myself that I would stop subscribing if the $10 offer never came through. This year it ...
by GerryL
Sun May 26, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: How to retire early by targeting a low/zero balance at the end of life?
Replies: 48
Views: 5291

Re: How to retire early by targeting a low/zero balance at the end of life?

Wouldn't it be great if you could die broke! What occurs to debt if an individual dies with no assets. For example an individual has retirement “savings” and spends it down and liquidates all assets meaningful assets (real-estate, cars, jewelry etc) to pay for living expenses and is renting and usi...
by GerryL
Sat May 25, 2019 2:36 am
Forum: Investing - Theory, News & General
Topic: How to retire early by targeting a low/zero balance at the end of life?
Replies: 48
Views: 5291

Re: How to retire early by targeting a low/zero balance at the end of life?

I've heard that there are negative life plans in France. The recordholder, a 122 year old french lady, bankrupted the lawyer she bought her plan from as the incentives for the seller hope for the beneficiary to die earlier. Do we have options like that in the US? From a Dec 29, 1995 NYT story "A 12...
by GerryL
Wed May 22, 2019 4:43 pm
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 151
Views: 14671

Re: just a general comment about "too conservative" investors here

When I saw the title of this post, I thought it was going to be about people who have 20% or less of their portfolio in the stock market.
by GerryL
Wed May 22, 2019 1:11 am
Forum: Investing - Theory, News & General
Topic: How does the charitable fund deduction work?
Replies: 20
Views: 1040

Re: How does the charitable fund deduction work?

First question would be, what are the actual mechanics of transferring a stock to a charitable trust? (I assume that's not something I can just click on from my brokerage) Second question is: Is that just considered a regular charity tax deduction on my IRS forms or is there some special form that ...
by GerryL
Tue May 21, 2019 8:31 pm
Forum: Personal Consumer Issues
Topic: Best time to go to Europe
Replies: 8
Views: 845

Re: Best time to go to Europe

My personal favorite time in Europe is after (our) Labor Day. Vacation crowds start to go down (both local and international tourists) and the weather can be glorious. This year I will again be going to France for September. Can't quit the habit. What parts of France are you most fond of, pray tell...