Search found 7640 matches

by tibbitts
Sun Jul 15, 2018 11:53 pm
Forum: Investing - Help with Personal Investments
Topic: GE Pension distribution questions
Replies: 6
Views: 611

Re: GE Pension distribution questions

If you have after-tax amounts, then you should be able to roll that into a Roth. That being said, this isn't very familiar territory for me. I'd wait to hear back on the details. Yes, I have emailed them to ask. It seems like a contradiction that the provided document suggests rolling to two type o...
by tibbitts
Sun Jul 15, 2018 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you who handle all the finances, how do you keep your spouse "in the know"
Replies: 76
Views: 9119

Re: For those of you who handle all the finances, how do you keep your spouse "in the know"

For the people that use LastPass, Fastpass and the like, aren't you afraid of it getting hacked? That is what keeps me from using one. I write everything on paper, but in a way that is senseless to someone if stolen. My husband just isn't interested in finance and doesn't seem to think he needs to ...
by tibbitts
Sun Jul 15, 2018 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: All-In VTSAX
Replies: 27
Views: 2100

Re: All-In VTSAX

What is the reasoning behind this? Do you feel that VTSAX will outperform international stocks going forward? I'd say (ironically enough) that getting rid of EM and developed international stocks is acceptable from a Jack Bogle standpoint, but not really from a Bogleheads standpoint, since you are ...
by tibbitts
Sun Jul 15, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: GE Pension distribution questions
Replies: 6
Views: 611

Re: GE Pension distribution questions

The rollovers should not affect your contribution limit. When the company my husband works for terminated their pension program, there were two separate figures--one pre-tax and one after-tax. We specifically knew what those two separate figures were. And, so called the company we were transferring...
by tibbitts
Sun Jul 15, 2018 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 36
Views: 1648

Re: Are Credit Cards Actually Convenient?

Nobody would use credit cards if they had as much trouble as described, so something must be unique about that situation.
by tibbitts
Sun Jul 15, 2018 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to apply safe withdraw rule?
Replies: 2
Views: 285

Re: How to apply safe withdraw rule?

Both my wife and I retired about 6 months ago and we are just looking into the withdraw rule. My wife's conclusion is ~2.5%, citing a Morningstar article which she adopted to be on the conservative side in terms of length of retirement period until death and future equity return. Well, I think the ...
by tibbitts
Sun Jul 15, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: GE Pension distribution questions
Replies: 6
Views: 611

Re: GE Pension distribution questions

Rollovers never have anything to do with the contribution limit. Any time you have an eligible rollover distribution, and pension lump sums generally are, you can roll them to traditional or Roth IRAs. In the latter case, you'd owe tax on the pretax amount. It almost sounds like you have some after...
by tibbitts
Sun Jul 15, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: All-In VTSAX
Replies: 27
Views: 2100

Re: All-In VTSAX

You aren't really asking for "thoughts" when you proclaim "there's no need for Int'l" - you're making a statement and wanting people to agree. If you only want simplicity just go with VTWSX or VT(Vanguard Total World). It sounds like you have recency bias and a crystal ball so all good with VTSAX. ...
by tibbitts
Sun Jul 15, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: All-In VTSAX
Replies: 27
Views: 2100

Re: All-In VTSAX

What is the reasoning behind this? Do you feel that VTSAX will outperform international stocks going forward? I'd say (ironically enough) that getting rid of EM and developed international stocks is acceptable from a Jack Bogle standpoint, but not really from a Bogleheads standpoint, since you are ...
by tibbitts
Sun Jul 15, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: All-In VTSAX
Replies: 27
Views: 2100

Re: All-In VTSAX

HI BH friends, Thinking about getting rid of IEMG and VEA and all-in VTSAX . This is for retirement fund. I am asking for advice if getting rid of emerging market and international are acceptable from boglehead investment style? i.e, I am trying to consolidate more and more into 2 Fund portfolio. T...
by tibbitts
Sun Jul 15, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: GE Pension distribution questions
Replies: 6
Views: 611

GE Pension distribution questions

Having recently passed age 59.5, I'd like to close out my non-vested GE pension account, simply because it's a small amount and just annoying - yet another account to deal with. It will never have a high enough balance to allow annuity payments (which would require a minimum $5000 balance.) I'm wond...
by tibbitts
Sun Jul 15, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: Change in Flagship Rep Service ?
Replies: 21
Views: 2142

Re: Change in Flagship Rep Service ?

Bob - I have the same type account as you and I see his name and number, but not a photo on the overview page. I do not have an active brokerage account. Had one 16 years ago but got out of those funds. You'll have a brokerage account again eventually, whether you want one or not, as the migration ...
by tibbitts
Sun Jul 15, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Change in Flagship Rep Service ?
Replies: 21
Views: 2142

Re: Change in Flagship Rep Service ?

I am finding it curious that different folks are finding different things on their Overview page regarding representatives, pie charts, etc. I am wondering it the difference might be in the type of account. I still have the older mutual fund account and have not had it upgraded to the brokerage acc...
by tibbitts
Sat Jul 14, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation for New Position
Replies: 25
Views: 2012

Re: Salary Negotiation for New Position

I think you're missing the point here when you keep using the phrase "loss" of salary. She will simply earn less because she'll work less. What would happen at your employer if you said you wanted to work one day less a week but still be paid the same, because you're old and tired and don't want to ...
by tibbitts
Sat Jul 14, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 94
Views: 6426

Re: Early retirement

Oh yes. I'm planning on becoming financially independent and will likely retire between the ages of 50-55, and when I've mentioned that to people, I've received a variety of responses. These range from "That's awesome!" to "What will you do every day?" It's not too shocking to most people to hear o...
by tibbitts
Sat Jul 14, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Someone is using my cellphone number
Replies: 21
Views: 2738

Re: Someone is using my cellphone number

It's likely someone gave the wrong cell phone number when they ordered at best buy. I wouldn't be too worried about. If you don't shop best buy, feel free to block the number. I also wouldn't be upset at best buy for not being able to remove your phone number. Would you want to be customer to a bus...
by tibbitts
Thu Jul 12, 2018 10:56 pm
Forum: Personal Consumer Issues
Topic: Advice on IT Certification program
Replies: 84
Views: 3177

Re: Advice on IT Certification program

Networking is yesterday’s field (I should know, I work for Cisco). Today’s (and tomorrow’s) field is cybersecurity. Look up job descriptions for a Tier 1 SOC [Security Operations Center] Analyst, and advise your son to make that his goal. There is a huge shortage of cybersecurity expertise right no...
by tibbitts
Thu Jul 12, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: Advice on IT Certification program
Replies: 84
Views: 3177

Re: Advice on IT Certification program

You might ask the school what percentage of students completing this program obtain each of the certifications mentioned. Good suggestion. I also will have Kid see if there are any jobs in the field listed at the school’s career center. I think the certificate from completing the courses would not ...
by tibbitts
Thu Jul 12, 2018 9:23 pm
Forum: Personal Consumer Issues
Topic: Advice on IT Certification program
Replies: 84
Views: 3177

Re: Advice on IT Certification program

but its hard to get past HR/initial resume screenings with self taught skills alone audioaxes, Don't go through the HR. KlangFool But if you are trying to break into a field in which you have minimal contacts, you’ll need to deal with HR. HR is useless. I don't know anyone who has gotten a job by s...
by tibbitts
Thu Jul 12, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Advice on IT Certification program
Replies: 84
Views: 3177

Re: Advice on IT Certification program

You might ask the school what percentage of students completing this program obtain each of the certifications mentioned.
by tibbitts
Wed Jul 11, 2018 7:48 am
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1866

Re: Should I contact GMC about A/C issues?

When it comes to quality, Honda is light years ahead of GM I believe all vehicles are much higher quality than they were years ago, and there is less difference now between brands, so it's inaccurate to say anybody is "light years ahead" of anybody else. But since you mentioned it specifically Hond...
by tibbitts
Tue Jul 10, 2018 10:04 pm
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1866

Re: Should I contact GMC about A/C issues?

...if GMC would step up to the plate and fix the parts I might consider another GM vehicle. I learned my lesson many years ago. Why do people keep buying these unreliable cars when they could buy a Honda, Toyota or Subaru? I don't get it at all. You get what you deserve for not doing your homework....
by tibbitts
Tue Jul 10, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Car totaled by uninsured driver
Replies: 37
Views: 3356

Re: Car totaled by uninsured driver

I never even heard of a $2k deductible. Why have it so high? I remember doing a comparison between $500 vs $250 deduct...it was peanuts, so I went with the $250 deduct. High? I thought Bogleheads never carry collision insurance because they only insure what they can't afford to lose? So probably no...
by tibbitts
Mon Jul 09, 2018 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Want to diversify account held in my name [inherited Canadian stock]
Replies: 8
Views: 371

Re: Want to diversify account held in my name [inherited Canadian stock]

I'd suggest investigating the legal and accounting aspects of this account carefully before doing anything with it.
by tibbitts
Mon Jul 09, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: Girls and investing
Replies: 115
Views: 5539

Re: Girls and investing

There is another count of age: father teaching a 7 year old son. But I gather from the multiple posts from the group that age is really child dependent. I got it. Got the point! ---- Now switching gear a bit. Folks have been mentioning that you need money to invest. Saving is the way to go. But wha...
by tibbitts
Sun Jul 08, 2018 10:36 pm
Forum: Personal Consumer Issues
Topic: How come voice command on Garmin GPS is so lousy compared to Google Maps?
Replies: 22
Views: 1566

Re: How come voice command on Garmin GPS is so lousy compared to Google Maps?

Just curious why a big, wealthy, international organization like Garmin, who depend entirely on GPS products that customers have to buy, can't figure out how to do voice command that works as well as a GPS product that is free. Maybe someone knows the answer to this. Hey Garmin: are you listening? ...
by tibbitts
Sun Jul 08, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17901

Re: Morningstar: prepare for a lost decade for U.S. stocks

rick2427 wrote:
Sun Jul 08, 2018 9:53 pm
I thought we already had a lost decade in US markets from 2000-2009. :(
We did. I guess we get a second one now.
by tibbitts
Sun Jul 08, 2018 10:00 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17901

Re: Morningstar: prepare for a lost decade for U.S. stocks

Invest in real estate. If your property values go up 10% or go down 10%, you won't care since your 10-15% dividend in the form of rental income flows in like a fine brandy 8-) Would it be 10-15% income if everyone tried doing that? I don't understand your question. That is a decent return on cash t...
by tibbitts
Sun Jul 08, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: Long Cruises
Replies: 20
Views: 1679

Re: Long Cruises

Per tibbetts concern: Yes, once, on a high end suite, there was a dreadful plumbing issue, and it could have been handled better. (OTOH, we could have "thrown that fit" sooner :shock: ) Anyway, they relocated us to a tiny cabin for two nights while they tore up the floor in our suite. Given the sit...
by tibbitts
Sun Jul 08, 2018 2:35 pm
Forum: Personal Consumer Issues
Topic: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?
Replies: 95
Views: 5300

Re: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?

Work is being done at a Honda dealer. Because you did this, I can guarantee you are getting "hosed". Find an independent shop. This is a stupid way of thinking. A lot of times the dealer charges less for oil changes just to get people in the door. I spent about $40 for oil and filter for my girlfri...
by tibbitts
Sun Jul 08, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: Long Cruises
Replies: 20
Views: 1679

Re: Long Cruises

Who has been on months-long cruises where you visited dozens of cities/countries? How did you like/dislike them? TravelforFun I haven't but to me part of the issue the chance of getting a clunky cabin. I'm looking at a 3-week trip and when you've got reports of plumbing issues etc. on a 30-year-old...
by tibbitts
Sun Jul 08, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: How come voice command on Garmin GPS is so lousy compared to Google Maps?
Replies: 22
Views: 1566

Re: How come voice command on Garmin GPS is so lousy compared to Google Maps?

Just curious why a big, wealthy, international organization like Garmin, who depend entirely on GPS products that customers have to buy, can't figure out how to do voice command that works as well as a GPS product that is free. Maybe someone knows the answer to this. Hey Garmin: are you listening? ...
by tibbitts
Sat Jul 07, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: Girls and investing
Replies: 115
Views: 5539

Re: Girls and investing

Even as a Bogleheads, we have to understand politics, who's in control of the government all those things - this helps us understand why we tune them out and we have a real understanding of why we are Bogleheads. I think there are lots of people who have effectively tuned out politics without havin...
by tibbitts
Sat Jul 07, 2018 10:09 pm
Forum: Investing - Theory, News & General
Topic: Girls and investing
Replies: 115
Views: 5539

Re: Girls and investing

My first exposure to investing was around 11 with a school competition to manage a paper portfolio of $10,000 for 6 weeks. I remember for that six weeks my team “bought” a small amount of McDonald’s shares, not nearly $10k worth of shares, and because the market went down during those 6 weeks we en...
by tibbitts
Sat Jul 07, 2018 10:02 pm
Forum: Investing - Theory, News & General
Topic: Girls and investing
Replies: 115
Views: 5539

Re: Girls and investing

We make children memorize stuff in school, math, vocabulary, social studies, government, but we don't give them a way to see how the knowledge could be transformed to personal wealth. I supposed that if a girl feels like she could be a millionaire (a very tangible goal given inflation) she might be...
by tibbitts
Sat Jul 07, 2018 9:57 pm
Forum: Personal Consumer Issues
Topic: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?
Replies: 95
Views: 5300

Re: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?

a/c cabin filter dirty: $99.99 For some cars, you can do this yourself, not for $20 as some have mentioned, but as little as $0.50. Buy a pleated furnace filter for about $3, and use scissors to cut it into smaller ones. This works if the factory filter has a thickness that’s close to the one-inch ...
by tibbitts
Sat Jul 07, 2018 9:32 pm
Forum: Investing - Theory, News & General
Topic: Girls and investing
Replies: 115
Views: 5539

Re: Girls and investing

I don't think it would be different for girls vs. boys, but the issue to me is that investing as it's discussed here is boring, so I don't see how it would be interesting for kids.
by tibbitts
Sat Jul 07, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: $50+ gas bill for $4 in gas?
Replies: 16
Views: 3012

Re: $50+ gas bill for $4 in gas?

I noticed my natural gas bill (heat, hot water, cooking) has slowly crept up in the summer months where I use little gas. My bills used to be pretty low in the summer as it was almost all hot water (grill outside mostly and no heat in warm weather). My last bill was $50.23. The breakdown is: Custom...
by tibbitts
Sat Jul 07, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Tipping in a hotel room/cruise ship room
Replies: 57
Views: 3940

Re: Tipping in a hotel room/cruise ship room

I don't know about cruises, but I try to leave a small tip each morning for the hotel room cleaners, whether traveling for business or pleasure. Regarding expenses and expense sheets - as my old boss told a co-worker "If you can't figure out a way to get paid for it, you're not nearly as smart as I...
by tibbitts
Sat Jul 07, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: E- Billing & Autopay
Replies: 27
Views: 2361

Re: E- Billing & Autopay

We do this, and it's very convenient. However, your concern about your wife when you pass is well-founded. When my father passed recently, my mother found that all their e-bills and auto-payments were not only discontinued but no longer even listed. Similarly, she found the majority of "their" cred...
by tibbitts
Sat Jul 07, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: E- Billing & Autopay
Replies: 27
Views: 2361

Re: E- Billing & Autopay

Billpay is excellent. Most monthly bills can't be charged, they have to be paid via a bank account, but that's okay. The main concern is an unexpected bill emptying your account for those bills you auto-pay, which of course is why you want to use a credit card for anything you can. My billpay doesn'...
by tibbitts
Sat Jul 07, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?
Replies: 95
Views: 5300

Re: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?

I don't know anything about Hondas but we have to be careful about generalizing - for some cars changing some filters is like brain surgery, just with less fatal consequences for mistakes. As for brake fluid probably most twenty-year-old cars still have their original brake fluid but as far as I kno...
by tibbitts
Sat Jul 07, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 42
Views: 2890

Re: Tire experts? Can I trust a patched tire?

I plugged (not patched, plugged) a tire and not so long after ended up with a grapefruit-sized bulge in the tire, pretty close to where I put the plug. I don't claim to be the master of plugging but I'd plugged multiple tires before and... well there's not that much to it. But the bottom line is I d...
by tibbitts
Sat Jul 07, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: Active Management Justification
Replies: 33
Views: 1805

Re: Active Management Justification

When we're in a stock bull market such as we currently are, some investors loose site of the consequences of a bear market on a stock heavy, indexed portfolio that by its very nature takes no steps to mitigate losses during bear markets. The data that follows is for the 19 year period of January 1,...
by tibbitts
Sat Jul 07, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 90
Views: 7638

Re: What rate of return are you using for retirement projections?

ronhh wrote:
Sat Jul 07, 2018 9:12 am
And I should mention, from a portfolio allocation standpoint, I plan to be about 40% Vanguard Stock Index Fund(s); 40% Vanguard Bond Index Fund(s); and 20% cash and near cash (money market/CD's)
Wow you're very y optimistic at 3.5 - 4.5% with that allocation. I'm assuming you mean nominal.
by tibbitts
Sat Jul 07, 2018 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: No minimum for VTMSX in an IRA??? [Vanguard Tax-Managed Small Cap]
Replies: 3
Views: 332

Re: No minimum for VTMSX in an IRA??? [Vanguard Tax-Managed Small Cap]

For those not familiar, VTMSX is vanguard’s tax managed small cap admiral fund, which tracks the S&P 600 index. I invest in this fund in my taxable account. I was looking at my rebalancing options, and I happened to notice that vanguard does not list a minimum for IRAs for this fund: https://invest...
by tibbitts
Sat Jul 07, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: direct deposit while working 1099
Replies: 13
Views: 635

Re: direct deposit while working 1099

This is one of those threads where we all tend to assume that whatever has been true for us is true for most people.

In general I will say that 1099 is not exactly a "paycheck" and net 30 is pretty typical. And it's not like payroll - you don't come first if there's a cash flow issue.
by tibbitts
Sat Jul 07, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Where is the USA domestic investor ?
Replies: 11
Views: 1101

Re: Where is the USA domestic investor ?

So, here is the thing that I think is missing from the discussion: what proportion of the business done by (say) S&P 500 companies is entirely domestic USA ? Or are they really international companies ? It's only been missing if you haven't been reading the forum. It seems like every other post men...
by tibbitts
Sat Jul 07, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19171

Re: Replace car battery after X years or wait till it dies?

I used to replace my batteries proactively but haven't lately and unlike in the past have lost track of how old my batteries are. I shouldn't do that - I should mark them (some batteries used to have the warranty start date marked on them.) Same with the oil, I lose track of that now too, never used...
by tibbitts
Sat Jul 07, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Annuities and FIRE
Replies: 8
Views: 724

Re: TIAA Annuities and FIRE

I'm considering an employment switch with a dramatically different retirement package. Life goal: in 15 years, FIRE at age 50 years old Current plan:401(k), mega-backdoor 401(k), and 409(a) 'top hat' (a non-ERISA 401(k)-like plan with no age distribution limit) ^ This plan package fits my goal nice...