Search found 6938 matches

by tibbitts
Sun Dec 10, 2017 2:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 19
Views: 2004

Re: Vanguard Investment Advice

Are you saying you have individual bonds that were (weren't) included in the recommendation? I'm confused. That is true. Perhaps the confusion has dissipated? ACTUALLY, All my inherited assets WERE included in the recommendations -- recommended at ZERO percent. Mixed in with that long list were the...
by tibbitts
Sun Dec 10, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 21
Views: 895

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable?

. . . . I no longer reinvest in taxable, although that makes it difficult to maintain an asset allocation (but less so with your balanced funds than my equity funds, which are all I have in taxable.) Basically the idea is to spend the dividends for most people. For you... maybe you should reinvest,...
by tibbitts
Sun Dec 10, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Auto-reinvest active funds (Wellesley/Balanced) in taxable? LIFO?
Replies: 21
Views: 895

Re: Auto-reinvest active funds (Wellesley/Balanced) in taxable?

Hello everyone. I have read tons of the past threads on automatic reinvest of dividends/interest. Most of them address non-taxable space. And, there seems to be some difference if one is in the accumulation phase or later, and also ones tax bracket. As usual, I am confused. So, I need some clarific...
by tibbitts
Sun Dec 10, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 34
Views: 3437

Re: Why is Vanguard switching all accounts to brokerage accounts?

Welcome to the 21st century..... It's not the stone age anymore. Yeah, I never understood the fearful or angry reactions to getting transitioned to a brokerage account. You still own the same stuff. But you can't do the same things with that same stuff. The brokerage platform is more capable genera...
by tibbitts
Sun Dec 10, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 34
Views: 3437

Re: Why is Vanguard switching all accounts to brokerage accounts?

Church Lady wrote:
Sat Dec 09, 2017 8:31 am
Are they switching all accounts? :o I have multiple MFs with Vanguard, have been with them decades. I have had no solicitation to convert to a brokerage account. Just saying!
You will, probably tomorrow.
by tibbitts
Sun Dec 10, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 19
Views: 2004

Re: Vanguard Investment Advice

This is my second experience with getting investment advice from a Vanguard CFP. The advice comes in the form of a written asset allocation and recommended amounts for each asset class. The allocation I was given is broken down into the following asset classes and percentages. The funds involved ar...
by tibbitts
Sun Dec 10, 2017 9:25 am
Forum: Investing - Theory, News & General
Topic: TSM vs High Dividend Yield if I never choose to sell?
Replies: 33
Views: 1862

Re: TSM vs High Dividend Yield if I never choose to sell?

Obviously if you want high dividend you want both domestic and international. And arguably high-dividend mid and small(!). Somewhere out there there must be high-dividend micro cap ETF.
by tibbitts
Sat Dec 09, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 21
Views: 1883

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

Is there a separate e-file fee for federal or state? It looks like the State program is free but the State E-File is an additional $19.95 Oh well, thanks for answering that; it seems like tax software is generally getting a lot more expensive for state e-file - unless you're willing to re-enter all...
by tibbitts
Sat Dec 09, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 21
Views: 1883

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

Is there a separate e-file fee for federal or state?
by tibbitts
Sat Dec 09, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank raises 11 month ($25k min) No Penalty CD from 1.5% to 1.6%
Replies: 17
Views: 2321

Re: Ally Bank raises 11 month ($25k min) No Penalty CD from 1.5% to 1.6%

According to everything I've seen your taxable event would happen when the interest is accrued and therefore available to you. "The answers on how the CD account holder and the bank should report the interest to the IRS is in the IRS Publication 550. This excerpt from page 6 provides some of these ...
by tibbitts
Sat Dec 09, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5366

Re: Does this happen to you? Educating friends about personal finance

I will be the contrarian. In my opinion, you have three options when this comes up, but I give this speech to firefighters and paramedics about once a week. Mostly to the brand new guys in the job. If I were them I would point out that back when you started fighting fires with horse-drawn wagons, f...
by tibbitts
Sat Dec 09, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Linux based laptop or just a Windows based laptop formatted?
Replies: 24
Views: 1218

Re: Linux based laptop or just a Windows based laptop formatted?

You can do a little research and increase your odds of finding a Linux-compatible laptop, but generally if you buy one that turns out not to be fully compatible (and many, many still aren't) your odds are still pretty good that you can run it in as a VM. When I scan Linux forums, it seems lke 95% o...
by tibbitts
Sat Dec 09, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 70
Views: 5412

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

I think the OP is too concerned with comparing himself to Bogleheads, who by definition are mostly people who through widely varying combinations of skill, education, experience, luck, and frankly just getting old, have been atypically successful. The wide-ranging and contradictory advice in this th...
by tibbitts
Sat Dec 09, 2017 9:14 am
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 57
Views: 5361

Re: Just not getting it

Change a few of those tech ticker symbols and this sounds just like 1998-1999.
by tibbitts
Sat Dec 09, 2017 9:04 am
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 45
Views: 1527

Re: What MPG App Do You Use To Track Fuel Usage ?

What app do you use to track your mpg on your vehicle? Looking for something that can track the mpg, is free and does NOT track my location. Many I have reviewed track where you travel. Too big brother for me not to mention killing my iPhone battery and monthly internet usage. Currently just record...
by tibbitts
Fri Dec 08, 2017 9:56 pm
Forum: Personal Consumer Issues
Topic: Linux based laptop or just a Windows based laptop formatted?
Replies: 24
Views: 1218

Re: Linux based laptop or just a Windows based laptop formatted?

I don't understand the issue. I've used Linux for years on laptops and there are pros and cons to this day, but the all operatings systems have improved a lot and unless you have special needs any of them - Linux, Mac, Win10 - will do a good and secure job for you as long as you're careful and keep ...
by tibbitts
Fri Dec 08, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank raises 11 month ($25k min) No Penalty CD from 1.5% to 1.6%
Replies: 17
Views: 2321

Re: Ally Bank raises 11 month ($25k min) No Penalty CD from 1.5% to 1.6%

Maybe I'm wrong but I thought these CDs only pay interest at maturity, 11mo. But if you exchange for a new CD before the end of the year, you'll owe tax for 2017 on the accumulated interest, no? Otherwise I thought the interest would be due for 2018.
by tibbitts
Fri Dec 08, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard Expands Active Fixed Income Fund Lineup With Emerging Markets Bond Fund
Replies: 10
Views: 884

Re: Vanguard Expands Active Fixed Income Fund Lineup With Emerging Markets Bond Fund

I'm surprised it's been in the works so long. Seemingly it hasn't attracted much attention. I wonder what the expense ratio will be going forward. It's a lot for most of us to commit $50k to the fund (necessary in the case of the fund vs. ETF to save the extra expenses), but is anyone considering su...
by tibbitts
Wed Dec 06, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25789

Re: Why not take Social Security at 62

I find it interesting and didn't expect, the varied responses on the range of commenter concerns regarding the reliability of Social Security just 12 years out. I understand and appreciate we don't know what will be of Social Security in the future and that planning and predicting national politics...
by tibbitts
Tue Dec 05, 2017 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Paying taxes with credit card?
Replies: 28
Views: 2585

Re: Paying taxes with credit card?

Do you guys pay your taxes with credit card? I see there is about a 1.87% fee with paying taxes with credit card, but some credit cards have a 2% reward percentage (so you would earn 0.13%). Is there a good card to pay taxes with since the credit card fees seem to be pretty low compared with cash b...
by tibbitts
Tue Dec 05, 2017 11:19 pm
Forum: Personal Consumer Issues
Topic: carry on luggage, 4 wheel spinner or 2 wheel rollaboard?
Replies: 29
Views: 1717

Re: carry on luggage, 4 wheel spinner or 2 wheel rollaboard?

I greatly prefer two wheels for ruggedness and space. I wore the wheels off my 2-wheel bags after ten years or so (technically, the tires came off the wheels), but replaced them with better skate wheels for about $10 that will hopefully also last that long.
by tibbitts
Tue Dec 05, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

I have owned 2 cars whose brake lines failed under 150,000 miles. Its a serious shock to put your foot on the brake and it hits the floor as you keep going! Unless you like the feeling of your stomach moving up your throat its not worth the "thrill". How to prevent this from happening? Just buy a n...
by tibbitts
Mon Dec 04, 2017 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Parents Retirement
Replies: 13
Views: 1755

Re: Parents Retirement

Was wondering the best scenario for my parents. He is 64 she is 63. They have 300k in retirement savings in a taxable account. Should they convert that into an immediate annuity which would payout roughly $1500 or so a month. They are attempting to delay collecting social security for another yr or...
by tibbitts
Mon Dec 04, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: RV rentals
Replies: 21
Views: 1837

Re: RV rentals

tampaite wrote:
Mon Dec 04, 2017 8:51 am
Any recommended places to rent RVs for a short 2-day trip ? Need an RV that sleeps at least 8-9 people. Am in FL.
That's a huge number of people for a motorhome. I hope everyone likes each other, a lot - and that nobody snores.
by tibbitts
Sun Dec 03, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Trust or Will
Replies: 14
Views: 1546

Re: Trust or Will

Hello! I am in mid 30's, have a few real estate properties, investments and other savings. I recently met with an Attorney to discuss Will/Trust options and he recommends a Trust (Estate) over a Will. An Estate requires me to add one of my properties to it. We currently only have 1 child (not sure ...
by tibbitts
Sun Dec 03, 2017 2:08 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

I have owned 2 cars whose brake lines failed under 150,000 miles. Its a serious shock to put your foot on the brake and it hits the floor as you keep going! Unless you like the feeling of your stomach moving up your throat its not worth the "thrill". How to prevent this from happening? Just buy a n...
by tibbitts
Sun Dec 03, 2017 2:02 pm
Forum: Investing - Theory, News & General
Topic: Value Investors vs. S&P 500
Replies: 24
Views: 3017

Re: Value Investors vs. S&P 500

Berkshire Hathaway is a unique beast. His definition of Value is different from everyone else's, except those trying to emulate him. He doesn't buy cheap, he buys "protected by a wide moat" at a price which is cheap or reasonable compared to those superior attributes. And he doesn't buy technology....
by tibbitts
Sun Dec 03, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Cost Basis
Replies: 25
Views: 1578

Re: Vanguard Cost Basis

As far as I know for historical funds (held a long time), you get average cost basis and nothing more, unless you pay for it. I rely entirely on VG's average cost basis and have no records to fall back on.
by tibbitts
Sun Dec 03, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

15 years ago I needed a large car but I had other things to spend my money on. I bought a Lincoln town car with 90k miles from the heir of the person who bought it new. It was so cheap that I had enough cash in my house and counted $100 bills out to buy it. Those cars are built like a tank and can ...
by tibbitts
Sun Dec 03, 2017 10:36 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6530

Re: How to convince DW that high miles used car is OK

At our stage of life, we are well served by older cars. My wife is just fine with purchase of an older car, but balks at getting one with, say, 150,000 miles on it - even though the purchase price is low and is something like a Toyota - that would likely run for many more miles. Any suggestions? Yo...
by tibbitts
Sun Dec 03, 2017 10:15 am
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6675

Re: Vanguard customer service reps need some training

This is why I like to do stuff myself on the web, not over the phone with any company. I agree. +1 +2 There are some transactions you can't do on the web that reps are able to do over the phone. I've encountered this in my own (mutual fund, not brokerage) VG account. This doesn't appear to be one o...
by tibbitts
Sun Dec 03, 2017 10:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6675

Re: Vanguard customer service reps need some training

Just venting here since I can't call and talk to representative until Monday. I did an exchange (in my Roth account) yesterday over the phone. I wanted to clear out one of my funds since it overlaps with our 401k holdings and put the money to three other Roth funds that I already had in that accoun...
by tibbitts
Sun Dec 03, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Housing Heuristics - Rising Income
Replies: 15
Views: 1123

Re: Housing Heuristics - Rising Income

One of the common caveats in housing affordability discussions is the importance of a stable job/income, and most affordability related heuristics assume a flat level of income. As many homebuyers are younger wage earners, who have yet to reach peak earning levels, do the common rules of thumb alre...
by tibbitts
Sat Dec 02, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Website ISSUES
Replies: 2
Views: 340

Re: Vanguard Website ISSUES

Let me start by saying I love everything Vanguard stands for but I am having a very tough time with their website. I have a solo 401k set up which I access through the Vanguard Small Biz website. That website is very limited, they instruct you to access the personal investor side of the Vanguard we...
by tibbitts
Sat Dec 02, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25789

Re: Why not take Social Security at 62

I'm anticipating the news to report the SS fund to run out by 2034 as we get closer to that date, which can be misleading. "oh no, I won't get a SS check anymore in 2034". The SS fund will have enough money to pay only 79% of benefits starting in 2034. I expect the majority of those 62 at that time...
by tibbitts
Sat Dec 02, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Fair Price for a Kitchen Remodel
Replies: 37
Views: 3605

Re: Fair Price for a Kitchen Remodel

Just be careful not to damage your dry wall too much. But, don't fret if you damage it, drywall is cheap to repair. I've had drywall repair done by three unrelated contractors, and matching existing drywall and texture isn't that easy. Replacing all the drywall in the house might be easy, but patch...
by tibbitts
Fri Dec 01, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom Rental Car Insurance
Replies: 13
Views: 957

Re: Chase Freedom Rental Car Insurance

You're better off not having your own insurance for collision purposes, but do read the terms of your card coverage carefully. Not all forms of losses are always covered, although damage from collisions generally are. You can get the "loss of use" issue no matter what - I'm not sure there's a way to...
by tibbitts
Fri Dec 01, 2017 8:01 am
Forum: Personal Consumer Issues
Topic: housing for in-laws
Replies: 48
Views: 3467

Re: housing for in-laws

#4 sounds good. Living in basement is not healthy. You mentioned about the baby sitting part, that benefits a lot since you guys can go out or take vacation trip any time you want knowing your kid is being taken good care for free. Being able to go away depends on the ILs being able to converse wel...
by tibbitts
Thu Nov 30, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11768

Re: Bonds Are Riskier Than People Think

First, I think we use "bonds" generically to mean fixed income, and that we're arguing over something when really CDs or high-yield savings or stable value or bonds all may offer minor advantages from time to time, and usually some combination is a good compromise. Second, I think that to some exten...
by tibbitts
Sun Nov 26, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 75
Views: 10050

Re: Water Heater Install $1,800!

1 - Pipe cutter $12 2- Sharkbite hotwater heater connecting hoses $40 1- Gas connection line (yellow) $25 1- Overflow drain $7.99 Plumbers tape - $.99 1- Hot water heater of choice at what ever cost you are willing. Turn off the water. Turn off heater. Make sure gas to heater is off. Attach hose to...
by tibbitts
Sat Nov 25, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Daughter did Summer job
Replies: 20
Views: 1896

Re: Daughter did Summer job

OP, some here might disagree about funding a child’s Roth, but I think it’s a good idea. Let her see what it’s like to have investments grow, without too much sacrifice on her part. There’s plenty of time for her to see that some sacrifice is required when you’re an adult. That investments growing ...
by tibbitts
Sat Nov 25, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 15952

Re: Anyone tired of the stock market going up?

I don't see that I've had especially inspiring returns since 2000. Volatility yes, inspiring returns, no. Well, bonds have done okay until very recently; stocks not so much. I hope this is just the beginning of end of the bear market that began in 2000. If some bogleheads are seeing something differ...
by tibbitts
Mon Nov 20, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 13899

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Well, Dave has been saying this since, it seems like, before credit cards had even been invented (how did he know?), so you have to give him points for being persistent.
by tibbitts
Sun Nov 19, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 105
Views: 11972

Re: The valet smashed my Tesla into a brick wall!

You never know what would have happened if you had parked elsewhere yourself. The last time I self-parked my car in a commercial parking, it was shot at (and hit.) Sometimes you can't win.
by tibbitts
Sun Nov 19, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 105
Views: 11972

Re: The valet smashed my Tesla into a brick wall!

Sorry to hear this - it's something I wouldn't think about if I was in the market for a Tesla (I'm not), so I'm glad you posted. Maybe the insurance will total the car and you'll be able to get a new one, although at a loss of... well, a lot that you'll have no way to get back, but then you can buy ...
by tibbitts
Sat Nov 18, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 43
Views: 3391

Re: Current precarious equity environment for a retiree

I know it's taboo to talk about market timing here, but I am worried about the current market situation. Please note that this pertains only to a retirement situation, not an accumulation one. My concern is that the current environment is one of high valuations with those valuations seemingly propp...
by tibbitts
Sat Nov 18, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 16
Views: 1110

Re: Any of you trade just a little as a hobby?

No, never even tempted. I do many hundreds of exchanges every year in my mutual fund accounts, $100 here and there, and that's kind of a game, aiming for that .1 percent gain vs. doing nothing. Sadly I have no way to calculate my results down to anywhere near that precision, so I just declare victor...
by tibbitts
Sat Nov 18, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 155
Views: 13773

Re: Is holding bonds now dangerous?

Playing devil's advocate a bit, current 10 year treasury yields are around 2.3% whereas the S&P index dividend yield is 1.9%. The bond principal and yield is certain never to change over 10 years, whereas the principal and yield on the S&P is likely to increase over the same 10 years. The "rules" o...
by tibbitts
Sat Nov 18, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: United change fees
Replies: 28
Views: 1925

Re: United change fees

If you reject the notion of garbage fees and are willing to renegotiate the relationship, short-circuit United's customer "service" and challenge. You agree to the change rules and fees as part of the original ticket purchase because they are in the fare rules of the original ticket. United will pr...
by tibbitts
Sat Nov 18, 2017 10:34 am
Forum: Personal Consumer Issues
Topic: United change fees
Replies: 28
Views: 1925

Re: United change fees

This is why I like Southwest Airline better, no change fee. But then you're faced with the choice of getting up at 3am, and changing planes twice with one 10 minute connection and one 10 hour connection, to get where you're going... or taking the 10am United nonstop. I greatly prefer the SW experie...