Search found 864 matches

by KlingKlang
Thu May 28, 2020 5:20 pm
Forum: Personal Investments
Topic: 30 year investor - never understood Dividend hoopla
Replies: 20
Views: 1103

Re: 30 year investor - never understood Dividend hoopla

It's similar to how investors are happy when a stock that they own splits (seems like it used to be much more common), even through rationally there is no difference between having 100 shares at $20 and 200 shares at $10. In both cases it is taken to be a sign of the economic strength of the company.
by KlingKlang
Wed May 27, 2020 10:52 am
Forum: Personal Investments
Topic: How do I invest for my retired mom?
Replies: 16
Views: 1174

Re: How do I invest for my retired mom?

Just to cover all your bases you should investigate putting about $100k into a Single Premium Immediate Annuity (SPIA). Currently one of these would pay about $6100/year for life non-inflation adjusted. Is there any way that she can pick up a part time job to make up the difference? Otherwise do wha...
by KlingKlang
Tue May 26, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: Bogleheads: What is your largest single stock holding? (if any)
Replies: 79
Views: 3801

Re: Bogleheads: What is your largest single stock holding? (if any)

My only single stock holding is RPM , 0.5%. Purchased 09/21/2001. 90% long term capital gains plus the dividend increases every year.
by KlingKlang
Tue May 19, 2020 10:16 am
Forum: Personal Investments
Topic: Advice on Mom's retirement accounts
Replies: 14
Views: 968

Re: Advice on Mom's retirement accounts

My knee-jerk reaction is that it is silly to replace a total market index fund with multiple stock index funds for a 97 year old. It only multiplies the maintenance work and is unlikely to have a significant impact on the returns over her remaining lifetime. Same with switching bond funds, unlikely ...
by KlingKlang
Tue May 19, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Financial Considerations: Marriage in your 50s/60s
Replies: 23
Views: 1837

Re: Financial Considerations: Marriage in your 50s/60s

Financial and healthcare POAs, living wills, ect.

If either of you have children you will probably have to investigate trusts.
by KlingKlang
Fri May 08, 2020 6:53 pm
Forum: Personal Investments
Topic: Vanguard Check policy changing in July
Replies: 22
Views: 1995

Re: Vanguard Check policy changing in July

As a senior citizen I always send a personal check to Vanguard to deposit in my different accounts. They just informed me no longer taking stand-alone checks after July. Just to clarify I messaged my Vanguard rep. Her response: Please be assured that Vanguard will continue to accept physical checks...
by KlingKlang
Fri May 01, 2020 11:37 am
Forum: Personal Investments
Topic: LTT? STT? Diversifying Fixd Income?
Replies: 3
Views: 267

Re: LTT? STT? Diversifying Fixd Income?

If you are looking for types of bonds that you do not already hold in your existing funds your choices are an Inflation-Protected Securities fund, Total International Bond fund (both of these are best in tax advantaged), and Series EE and I United States Savings Bonds (tax deferred but held in after...
by KlingKlang
Wed Apr 29, 2020 5:33 pm
Forum: Investing - Theory, News & General
Topic: Expected return of stocks equals EE savings bonds
Replies: 23
Views: 1271

Re: Expected return of stocks equals EE savings bonds

I do not think the treasury can change the terms of an already issued EE Bond, the same way they cannot change the interest on an already issued nominal treasury bond. The interest rate for an EE Bond is fixed for 20 years at the time it is issued. The government may adjust the rate after the 20th ...
by KlingKlang
Wed Apr 29, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: Expected return of stocks equals EE savings bonds
Replies: 23
Views: 1271

Re: Expected return of stocks equals EE savings bonds

I do not think the treasury can change the terms of an already issued EE Bond, the same way they cannot change the interest on an already issued nominal treasury bond. The interest rate for an EE Bond is fixed for 20 years at the time it is issued. The government may adjust the rate after the 20th ...
by KlingKlang
Tue Apr 28, 2020 9:21 am
Forum: Investing - Theory, News & General
Topic: Anyone wish they would have invested more during recent downturn?
Replies: 110
Views: 9281

Re: Anyone wish they would have invested more during recent downturn?

I've been following my IPS and exchanging stocks for bonds and cash inside my IRAs since early 2017 until February 2020. During the violent stock declines of 2018 and 2020 I stopped making exchanges and basically held on for dear life. I know that this has resulted in my missing some buying opportun...
by KlingKlang
Thu Apr 23, 2020 10:59 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 536
Views: 35599

Re: Question about “living on dividends & never touching principal”

The idea behind the retirement strategy of living off dividends and not touching your principal is that you maintain ownership in the same number of shares of the company. If the company is earning a profit on its operations that is sufficient to support the dividend payout then the price of those s...
by KlingKlang
Wed Apr 22, 2020 7:07 pm
Forum: Personal Investments
Topic: Advice for my father
Replies: 17
Views: 1502

Re: Advice for my father

Looking for a little advice on behalf of my father. He's 75, single, and disabled after a recent back surgery. ... I'm looking for thoughts on what to do with the $140k. He has a very low risk tolerance and no understanding of investing. My thought is to put the entire amount in the Vanguard LifeSt...
by KlingKlang
Wed Apr 22, 2020 8:56 am
Forum: Personal Investments
Topic: Help choose cheaper investments? (Mom and Dad's portfolio)
Replies: 10
Views: 491

Re: Help choose cheaper investments? (Mom and Dad's portfolio)

Hi! My mom and dad have a portfolio of about $1.1 million, 805K of which is managed by Merrill Lynch Wealth Management. They refuse to leave them despite the overall unnecessarily complex portfolio the manager has them in (at least 50 funds/etfs). … FDN (First Trust Dow Jones Internet Index Fund) E...
by KlingKlang
Tue Apr 21, 2020 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want me to pay off their mortgage in exchange for title
Replies: 102
Views: 9218

Re: Parents want me to pay off their mortgage in exchange for title

Good comments so far on the legal and tax issues of this plan.

Getting back to basics: if your parents have no income producing assets, give their house to you, and run a defunct business, where is the money for their non-housing living expenses going to come from?
by KlingKlang
Tue Apr 21, 2020 8:55 am
Forum: Personal Investments
Topic: Park cash in Vanguard TIPS VIPSX ?
Replies: 18
Views: 1544

Re: Park cash in Vanguard TIPS VIPSX ?

I see what you mean. Maybe put in a few of those online banks earning 1.5-2% interest? You might also consider Series I United States Savings Bonds which are currently yielding 2.22% (changes on May 1). They are inflation indexed but never lose value. https://www.treasurydirect.gov/indiv/research/i...
by KlingKlang
Thu Apr 16, 2020 9:17 am
Forum: Personal Consumer Issues
Topic: US Treasury deposited my $1200 to wife's account.
Replies: 5
Views: 1479

Re: US Treasury deposited my $1200 to wife's account.

If you file jointly the IRS may have deposited the entire $2400 to your wife's Social Security payment account since that is the only direct deposit information that they have for either of you. Given the IRS's mandate to disburse billions of dollars ASAP it is inevitable that events such as this wi...
by KlingKlang
Wed Apr 15, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus Check return for deceased
Replies: 6
Views: 698

Re: Stimulus Check return for deceased

My mother in law passed away Feb. 9 of this year. We noticed a $1200 stimulus check was deposited in her account yesterday. Anyone know how to go about returning this? Since the stimulus payment is part of a tax credit for the 2020 tax year, I would think that it would get resolved when you file he...
by KlingKlang
Mon Mar 30, 2020 6:14 pm
Forum: Personal Consumer Issues
Topic: Water line replacement - is HOA responsible?
Replies: 24
Views: 1497

Re: Water line replacement - is HOA responsible?

I would think that the HOA would have no responsibility to pay for repairs that a homeowner incurred without consulting with the HOA ahead of time.
by KlingKlang
Sun Mar 29, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Government stimulus relief check question
Replies: 4
Views: 551

Re: Government stimulus relief check question

I believe that if you filed with the IRS in 2018 the data on your adjusted gross income will be used to determine if you receive a stimulus check.
by KlingKlang
Sat Mar 28, 2020 3:53 pm
Forum: Personal Consumer Issues
Topic: What will you do first, once COVID pandemic is over?
Replies: 271
Views: 17134

Re: What will you do first, once COVID pandemic is over?

Go to my barber for a shave and a haircut.
by KlingKlang
Fri Mar 27, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: [NY Times:] I Became a Disciplined Investor Over 40 Years. The Virus Broke Me In 40 Days.
Replies: 56
Views: 9953

Re: I Became a Disciplined Investor Over 40 Years. The Virus Broke Me In 40 Days.

"I’m paralyzed." I can certainly relate to this because it describes my behavior this month perfectly. I had been exchanging my IRA stock mutual funds into money market and bond funds in relatively small amounts from February 2017 to February 2020 in order to keep my AA within planned parameters. Fo...
by KlingKlang
Thu Mar 26, 2020 5:11 pm
Forum: Personal Investments
Topic: Ibonds for Emergency Fund
Replies: 14
Views: 1213

Re: Ibonds for Emergency Fund

Thesaints wrote:
Thu Mar 26, 2020 5:01 pm
Great asset for an emergency fund, after 11 months and 1 day. Before that, it's actually the very worst.
This is true, but given that many people will want their emergency fund to be larger than the annual I Bond purchase limit it may take several years to buy enough of them anyway.
by KlingKlang
Fri Mar 20, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 172
Views: 15949

Re: Vanguard High Dividend Yield Index Fund

Interested in hearing from any other Bogleheads who are looking for yield and dividends! Thoughts on the yield and stability of a stable of "Dividend Aristocrat" funds mirroring the SP500 vs a High Dividend Yield Index Fund? I know a guy with a very substantial portfolio who has focused on yield an...
by KlingKlang
Mon Feb 24, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: "Rebalance" vs "Market Timing"
Replies: 21
Views: 1407

Re: "Rebalance" vs "Market Timing"

IMO market timing involves predicting future changes in the market whereas rebalancing is correcting your investment balances in response to past market behavior. I rebalance differently from most in that I do it monthly but instead of using rebalancing bands I limit the amount of exchanges to 1% of...
by KlingKlang
Mon Jan 27, 2020 3:37 pm
Forum: Personal Investments
Topic: Portfolio Review
Replies: 10
Views: 1043

Re: Portfolio Review

Your asset allocation for your tIRA is 80 stock/20 bonds. For the Roth 401k it is 84 stock/16 bonds. For your SEP IRA it is 90/10 if this is a Vanguard TR 2045 fund. If this matches your desired asset allocation and you are satisfied with the level of your international stock holdings then you are g...
by KlingKlang
Sat Jan 25, 2020 11:16 am
Forum: Personal Investments
Topic: Advice for senior mother
Replies: 11
Views: 1021

Re: Advice for senior mother

Good advice from Lafder . I would leave 1/3 in the online savings, put another 1/3 in fairly short term (1-3 year) FDIC insured CDs, and the last 1/3 in Vanguard Life Strategy Conservative Growth or something similar. Where is she keeping the 12k emergency fund? If it's in a no interest checking acc...
by KlingKlang
Wed Jan 22, 2020 2:01 pm
Forum: Investing - Theory, News & General
Topic: Big Data and Market Forecasting
Replies: 26
Views: 1574

Re: Big Data and Market Forecasting

Remember that Hari Seldon's psychohistory predictions became disrupted after a black swan event (the Mule).
by KlingKlang
Mon Jan 20, 2020 9:29 pm
Forum: Investing - Theory, News & General
Topic: Does Vanguard ever split shares?
Replies: 13
Views: 1337

Re: Does Vanguard ever split shares?

Vanguard only records it's mutual fund share transactions to three decimal places (rounded), so once the share price goes over $100.00 your purchase or sale dollar amount may be off by $.01. I only notice this because I keep track of all my transactions on a spreadsheet.
by KlingKlang
Mon Jan 20, 2020 2:15 pm
Forum: Personal Consumer Issues
Topic: Our little girl is turning one soon!
Replies: 47
Views: 3409

Re: Our little girl is turning one soon!

Every year we made 'A Day in the Life of Daughter' video about two hours long (VHS) documenting her activities from waking until bedtime. Copies made great gifts for her grandparents. 28 years later she still enjoys watching them.
by KlingKlang
Sun Jan 19, 2020 11:52 am
Forum: Personal Finance (Not Investing)
Topic: SS @ 62 as part of tax reduction strategy
Replies: 28
Views: 2710

Re: SS @ 62 as part of tax reduction strategy

veggivet wrote:
Sun Jan 19, 2020 11:26 am
4. Main objective is to minimize taxes going forward.
Too many people fall into the "Letting the tax tail wag the investment dog" logic trap. A better objective would be to maximize after tax income and net worth.
by KlingKlang
Sun Jan 19, 2020 11:43 am
Forum: Personal Investments
Topic: Looking for input/will this work?
Replies: 27
Views: 1711

Re: Looking for input/will this work?

You might want to run one of the retirement models such as FireCalc, CFireSim, Fidelity Planner, VPW, Retirement Optimizer, iORP, etc. They are designed to take into account investments and income streams over time and judge high probability of success spending. Generally asset allocation per se ha...
by KlingKlang
Sat Jan 18, 2020 10:35 am
Forum: Personal Investments
Topic: Looking for input/will this work?
Replies: 27
Views: 1711

Re: Looking for input/will this work?

Have you run the numbers for what your Modified Adjusted Gross Income (MAGI) will be pre-Medicare? If your only taxable income is from your cash MMF you will be far below the ACA subsidy cutoff and you may have to apply for Medicaid. You may be able to raise your taxable income by doing Roth convers...
by KlingKlang
Mon Dec 23, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: If On Medicare Before SS, How Do You Pay?
Replies: 49
Views: 5085

Re: If On Medicare Before SS, How Do You Pay?

. It should be noted that Medicare upgraded their payment options sometime in mid 2019, so one can now pay premiums online using a credit or debit card at MyMedicare.gov. Works very nice and the government does not charge an extra fee. This is very late but thank you for posting this. Tried it last...
by KlingKlang
Thu Dec 19, 2019 11:43 am
Forum: Personal Investments
Topic: May I expedite early retirement?
Replies: 71
Views: 7377

Re: May I expedite early retirement?

Your healthcare may be low. Your portfolio woudd be 3% withdrawl at age 41 - imo. Which is 36k My $10,000 year allocation? I checked, and without subsidies, a bronze plan is showing at around $6000-8000, and some $800 with subsidies. How much would you allocate for peace of mind? (reasonably). Than...
by KlingKlang
Thu Dec 19, 2019 11:03 am
Forum: Personal Investments
Topic: May I expedite early retirement?
Replies: 71
Views: 7377

Re: May I expedite early retirement?

However, I have aging parents (79) in Spain. Last week my mom fell and broke her wrist; my dad has some mobility issues. Nothing serious yet, but I am an only child and want to help my parents and be nearby. Also, I do not want to be planning amid a healthcare episode, rushing on a plane, etc. Are ...
by KlingKlang
Tue Dec 17, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: US Postal Worker - why give them a gift?
Replies: 45
Views: 2291

Re: Does anyone gift their mailman?

According to the Postal Service, federal regulations allow all postal employees, including carriers, to accept a gift worth $20 or less from a customer per occasion, such as Christmas or a birthday.
by KlingKlang
Sun Dec 15, 2019 10:49 am
Forum: Personal Investments
Topic: How to best invest in wife's Roth IRA?
Replies: 12
Views: 669

Re: How to best invest in wife's Roth IRA?

If you want to simultaneously build up your emergency fund (6 mo is probably plenty) and contribute to both Roth accounts, then I think most of us are saying that you should put cash-like investments in your emergency fund account, and riskier, high growth funds in your Roth. If you can't do both t...
by KlingKlang
Sun Dec 15, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: Why Total Bond and not Treasuries?
Replies: 161
Views: 14600

Re: Why Total Bond and not Treasuries?

Just wanted to point out that with Treasury Direct you can only purchase bills, notes, and bonds at auction. If you want to sell them before they mature you have to mail in a form to transfer them to a brokerage account. Since many brokerage accounts allow you to buy treasury products at auction wit...
by KlingKlang
Tue Dec 10, 2019 11:11 am
Forum: Personal Investments
Topic: Should I withdraw from taxable account to fund 401k?
Replies: 10
Views: 958

Re: Should I withdraw from taxable account to fund 401k?

The yearly contributions to your 401(k) are use it or lose it, so I would consider withdrawing from your taxable account. The exceptions are if you will need the funds in your taxable account or if the investments in your taxable account are much better than those in your 401(k).
by KlingKlang
Mon Dec 09, 2019 12:03 pm
Forum: Personal Investments
Topic: Can i retire?
Replies: 48
Views: 4924

Re: Can i retire?

You have 12 years of health insurance/health care coverage that you need to bridge before you are eligible for Medicare at age 65. Your options may include extending your coverage from your former employer, COBRA (for 18 months), private insurance, and Affordable Care Act (ACA or Obamacare). Once yo...
by KlingKlang
Wed Dec 04, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: "Do not Cross" sign?
Replies: 11
Views: 1038

Re: "Do not Cross" sign?

They'll probably ignore it. You might want to put in a fence or some thorny bushes.
by KlingKlang
Sun Nov 24, 2019 11:45 am
Forum: Personal Investments
Topic: Which funds do YOU have in your taxable account?
Replies: 81
Views: 7569

Re: Which funds do YOU have in your taxable account?

Taxable Vanguard Prime Money Market (VMMXX) Vanguard Ohio Long-Term Tax-Exempt (VOHIX) Vanguard Tax-Managed Capital Appreciation (VTCLX) Vanguard Tax-Managed Small Cap (VTMSX) Vanguard Brokerage (RPM) US Savings Bonds US Treasury Bonds (Treasury Direct) If I was starting over today I would replace V...
by KlingKlang
Thu Nov 21, 2019 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: What does "get back on my feet" mean?
Replies: 84
Views: 7935

Re: What does "get back on my feet" mean?

The reason that your sister is "homeless" is that she sold her house in CA and agreed to rent out the co-owned replacement property in HI. Is she receiving any rental income from the HI property? I would give no weight to son-in-law's promise to buy her a condo when he "gets back on his feet". Is he...
by KlingKlang
Sun Nov 17, 2019 11:03 am
Forum: Personal Investments
Topic: Obamacare limits investing opportunities?
Replies: 36
Views: 3799

Re: Obamacare limits investing opportunities?

Am I basically "handcuffed" by the health insurance subsidies until we qualify for medicare at 65? Yes you are. I have a number of expensive medical conditions that would cost us hundreds of thousands a year without the ACA subsidies. My wife transitioned to Medicare Advantage last year and I am co...
by KlingKlang
Fri Nov 08, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 62
Views: 5827

Re: How bad business travel is?

The things that can make or break business travel are the travel policies of the company. Do you always have to take the least cost flights even if you are routed 1000 miles out of the way? Do you have to stay in cheap motels 50 miles away when there are moderate priced ones at your destination? Do ...
by KlingKlang
Wed Nov 06, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: Why ever buy & hold a LT treasury?
Replies: 60
Views: 3260

Re: Why ever buy & hold a LT treasury?

UberGrub wrote:
Wed Nov 06, 2019 11:27 am
In other words, if you don't need the money for more than 3 decades, why would you ever buy bonds at all?
Treasury bonds pay interest semiannually, so you purchase them because you desire a guaranteed income stream for three decades plus a return of your capital.
by KlingKlang
Wed Oct 30, 2019 10:46 am
Forum: Personal Investments
Topic: Money Market Tax Question
Replies: 28
Views: 2018

Re: Money Market Tax Question

One very small difference is that savings account interest is entered on Form 1040 Schedule B Part I Interest whereas Vanguard Prime Money Market dividends are entered on Form 1040 Schedule B Part II Ordinary Dividends. Since none of the VMMXX dividends are qualified it shouldn't make any difference...
by KlingKlang
Wed Oct 16, 2019 9:56 am
Forum: Personal Investments
Topic: can you still buy and sell stocks after the age 70 in an IRA account?
Replies: 5
Views: 846

Re: can you still buy and sell stocks after the age 70 in an IRA account?

Yes. There is no age limit on exchanging assets inside of an IRA account.
by KlingKlang
Sun Oct 13, 2019 10:00 am
Forum: Personal Investments
Topic: Money Market Funds in Taxable?
Replies: 4
Views: 940

Re: Money Market Funds in Taxable?

3andOut wrote:
Sun Oct 13, 2019 8:36 am
Will I pay tax annually on the interest I earn (like a dividend)?
Yes. The earnings will be reported on Form 1099-DIV under Total ordinary dividends. None of them will be qualified.
by KlingKlang
Thu Oct 10, 2019 12:25 pm
Forum: Personal Investments
Topic: Savings
Replies: 21
Views: 2205

Re: Savings

I'm sorry but what is an I Bond? Can you point me to any specific bonds that I should buy right now? A.series I bond from the U.S. Treasury, which you can read more about at treasurydirect.gov. Very flexible, but mostly an inflation-protected government bond good for periods from 1 to 30 years. And...