Search found 173 matches

by nbseer
Sat Jun 09, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Rising Interest Rate Strategy
Replies: 35
Views: 4036

Re: Rising Interest Rate Strategy

My tIRA is almost 100% in short-term (1 year) CDs, now paying 2.25%. I figure, in this slowly rising-interest rate environment, by the time these come due, rates will be higher and I'll do it again. Staying away from multi-year ladders cause it doesn't seem the longer-term CDs are paying that much m...
by nbseer
Wed May 16, 2018 8:08 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 506
Views: 31154

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

MNgopher sez: "Spend down most of your 401K in your 60's," to lower RMDs. But if you've built up a sizable 401K, the tax bite could be brutal. Better to take SS before age 70 and use it to pay taxes on Roth conversions, while staying in the 15% bracket.
by nbseer
Sat Apr 28, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: CD ladder in IRA??
Replies: 12
Views: 969

Re: CD ladder in IRA??

OP here: Another factor is that I'm retired, not still trying for appreciation in my IRA but more on keeping what I've built up over the years and willing to accept 2% returns with CDs. Started taking SS at 65 so DW could get spousal benefit.. also will begin a pension in a few years, after doing Ro...
by nbseer
Sat Apr 28, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: CD ladder in IRA??
Replies: 12
Views: 969

Re: CD ladder in IRA??

Well, "ThisJustin", if you are personally guaranteeing that stocks will return 7% a year in the future, I will ditch the CD's and go all in :P (I'm more concerned at this point with 'return of principal' rather than ''return on principal'
by nbseer
Sat Apr 28, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: CD ladder in IRA??
Replies: 12
Views: 969

CD ladder in IRA??

Since the Fed is now in a rising interest rate mood, why would anyone set up a 5-year CD ladder in a tIRA, locking in today's lower rates? Wouldn't it be better to put all the money into 1 or 2 year CDs, then buy new ones at the presumably higher rates when they mature?
by nbseer
Thu Mar 29, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: Redesigned 2019 Forester - details now available
Replies: 21
Views: 3996

Re: Redesigned 2019 Forester - details now available

Had a 2003 Forester and suffered through two head gasket replacements (even though Subaru claimed the defect was fixed by my model year).

Also the seats were too hard.. but I did get 217,000 miles on it and had fun doing donuts in the snow!
by nbseer
Thu Mar 29, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really have to pay estimated taxes this year?
Replies: 19
Views: 2435

Re: Do I really have to pay estimated taxes this year?

Easy way to pay quarterly estimated taxes is to use Electronic Federal Tax Payment System https://www.eftps.gov/eftps/

You can schedule payments for the entire year, and forget about it.
by nbseer
Wed Mar 28, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: 2018 Forester vs CRV vs RAV4
Replies: 130
Views: 13500

Re: 2018 Forester vs CRV vs RAV4

My dad is leasing a 2017 Forester, is very happy with it.. I think the seats are too hard. I owned a 2003 Forester and probably won't buy another Subaru with the boxer engine, after undergoing 2 head gasket replacements (despite Subaru claiming the known issue was 'fixed' for the 2003s.) My belief i...
by nbseer
Wed Mar 28, 2018 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Advice for retirees.. who writes this stuff!?
Replies: 8
Views: 2090

Advice for retirees.. who writes this stuff!?

" Day trading stocks is the perfect retiree activity because it’s just as complicated as you want it to be. You can trade casually, and pick up some minor gains here or there. Or, go in full-bore and make it your new job. After all, investments provide extra money, so have some fun with it." From th...
by nbseer
Tue Mar 27, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 6629

Re: Concerns with Vanguard

Yikes! Got this email today from Vanguard, in part: "You don't have enough money in your money market settlement fund to pay for a recent trade in your Vanguard Brokerage Account " I called Vanguard, a rep said don't worry, I DO have enough money for the trade, system-wide breakdown, they're 'workin...
by nbseer
Sun Mar 11, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Does this make sense?
Replies: 3
Views: 481

Does this make sense?

Just did this year's tIRA conversion to my Roth IRA. I am retired, taking SS and plan on using my Roth as a tax-free emergency fund in case I need to buy a car, house, etc. So don't want to invest it in stocks, but also would like to get some return. Does it make sense to put this $$ in a short-term...
by nbseer
Sat Mar 10, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: structured vs. unstructured time in retirement
Replies: 18
Views: 2284

Re: structured vs. unstructured time in retirement

I go to the gym every other day... alternating with long bike rides when the weather is good. Other days, lunch with DW, bowling with father, food shopping etc. I guess that could be considered ''structured'. I try to do at least one worthwhile thing every day, but most of all, enjoy not being requi...
by nbseer
Sun Feb 25, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: CDs for Fixed Income
Replies: 15
Views: 1279

Re: CDs for Fixed Income

I moved all of my fixed income in my tIRA to short-term cd's.. nothing longer than 2 years, so when they mature, and assuming interest rates go up, I can buy new CD's at a higher rate. Thinking bond funds will be going down for several years.
by nbseer
Sun Feb 25, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Citi DoubleCash vs. Paypal (Synchrony)
Replies: 28
Views: 4607

Re: Citi DoubleCash vs. Paypal (Synchrony)

Some posters on this thread talk about opening new credit card accounts to get bonuses. That's what I was doing, but be advised it could hurt your credit score. I just changed homeowners insurance, and the insurer notified me that I didn't get their lowest rate because my ''credit history' was not a...
by nbseer
Fri Feb 02, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Getting out of bond funds?
Replies: 17
Views: 2114

Re: Getting out of bond funds?

OP here: I am retired... last year half of my Vanguard tIRA was in bond funds. Fearing the impact (which we are now seeing) of rising interest rate fears on bond funds, I liquidated and moved to CDs (mostly 1-2 year duration) paying average of 1.5%. I don't need to take risk at this point in my life...
by nbseer
Fri Feb 02, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Getting out of bond funds?
Replies: 17
Views: 2114

Getting out of bond funds?

Interest rates are rising, possibly over the next several years, causing bond funds to lose value. Alan Greenspan is warning of a 'bubble' in bonds, and also stocks. If you are nearing retirement or already in retirement, are you thinking of getting out of bond funds, and if so, where to put that mo...
by nbseer
Sat Jan 20, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Why hold bond funds in tax advantaged accounts?
Replies: 16
Views: 2099

Re: Why hold bond funds in tax advantaged accounts?

Because of rising interest rates, thus dropping bond fund prices, I moved all of my tIRA bond fund money into short-term CD's which can now be found paying 1.8% for a 12-month CD. VFSUX Vanguard short-term bond fund is down .48 over the past 3 months and will likely continue to drop as interest rate...
by nbseer
Tue Jan 09, 2018 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Brokered CDs - often better return secondary market
Replies: 62
Views: 7412

Re: Brokered CDs - often better return secondary market

A Vanguard advisor told me to stick with new issue CDs of short duration.. no longer than 2 years, to take advantage of rising interest rates. I just bought BNY new issue cds for my tIRA, one-year at 1.6%.
by nbseer
Fri Dec 08, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 69
Views: 6284

Re: What did you do with your first RMD withdrawal money?

Yes the advantage of having a full year's federal tax withheld from the RMD is you don't have to make quarterly tax payments during the year.
by nbseer
Mon Nov 27, 2017 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 11585

Re: GE - a good value?

Years ago when I was still working for a GE subsidiary, I bought a bunch around $30 when Jeff Immelt did the same. I foolishly thought if the CEO was buying his company, it was a bullish sign. WRONG! There are plenty of other more worthy companies out there. As the Who sang "Won't get fooled again!"...
by nbseer
Sun Nov 19, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund in a ROTH
Replies: 32
Views: 4396

Re: Bond fund in a ROTH

I split my Roth funds between Wellseley fund and money market... use it as a potential emergency fund for things like a car, new roof, to replenish my normal living expenses. It's nice to be able to have access to cash tax-free whenever I need it. Already in retirement, took SS at 65, doing Roth con...
by nbseer
Sun Oct 29, 2017 8:14 pm
Forum: Investing - Theory, News & General
Topic: Bernstein's bond choice for cowards and ST IG
Replies: 28
Views: 4052

Re: Bernstein's bond choice for cowards and ST IG

I had all of my fixed income in VFSUX, but due to fears of interest rate increases and price drop, put it all in 1-year CD's paying 1.5%. I know that's less than VFSUX current yield, but didn't want to see that price go down. Plan on buying new CD's hopefully at a higher rate a year from now.. does ...
by nbseer
Mon Oct 23, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: Favorite HIIT Workouts
Replies: 24
Views: 2242

Re: Favorite HIIT Workouts

Stationary bike, random hill program. Pedal like crazy going up, take it easy in between, 20 minutes is all it takes. Intersperse with 120 pushups, dumbbell curls, presses, lat pulldowns, etc.. every other day, you will be in great shape!
by nbseer
Thu Oct 19, 2017 8:25 pm
Forum: Investing - Theory, News & General
Topic: For those near retirement and rebalanced to Bonds...
Replies: 34
Views: 4607

Re: For those near retirement and rebalanced to Bonds...

Been retired 3 years, taking SS, DW getting spousal benefit. Have gone almost 100% to 1-2 year CDs, but mostly because I was lucky to ride the bull market in the 1990s.. will also be getting a pension in a few years, and have enough in my tIRA that my main concern in a few years will be the 'tax tor...
by nbseer
Sat Oct 07, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 8932

Re: Do you want your receipt?

Since I use my Citi cashback card for just about every purchase, I always get a receipt and keep it until I go online and make sure the proper amount has been charged. Seems like the receipt is the only proof you have if a charge is wrong. Just a habit of mine!
by nbseer
Mon Oct 02, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Index IRA vs CD IRA
Replies: 9
Views: 1148

Re: Total Bond Index IRA vs CD IRA

I've shifted all of my IRA bond funds into mostly short-term one-year CDs that pay 1.5%. That's a bit less than the short-term Vanguard bond fund I was in, but I figure a year from now interest rates will be higher than they are now resulting in a loss of capital in the bond fund. When the one-year ...
by nbseer
Sat Aug 26, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Desperate to get rid of mosquitoes, what else could we try?
Replies: 62
Views: 5394

Re: Desperate to get rid of mosquitoes, what else could we try?

If you have ground cover, ivy, etc. growing alongside the foundation of your house rip it out. We had terrible mosquitoes, situation got better after I removed all the stuff growing low to the ground along the house.. mosquitoes breed and live in that stuff.
by nbseer
Wed Aug 23, 2017 5:37 pm
Forum: Investing - Theory, News & General
Topic: Mike Piper and CDs
Replies: 54
Views: 7441

Re: Mike Piper and CDs

Retired.. have enough... want to preserve principal and don't need more appreciation in my tIRA and Roth.

75% CDs.. mostly short-term held in Vanguard...
25% VFSUX (Vanguard short-term investment grade bond fund Admiral) can be made available for re-balancing in case of stock market decline.
by nbseer
Tue Aug 22, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: What do you do with RMD money you don't need?
Replies: 51
Views: 5602

What do you do with RMD money you don't need?

If you're fortunate enough to have more $$ than you need to live on from RMDs/Social Security and possibly a pension, what do you do with the excess money from your RMDs? Do you spend it on the things you always lusted after, re-invest it (stocks or bonds/cds?), make donations to charity, or give it...
by nbseer
Sat Jul 15, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: depleting accounts in retirement
Replies: 27
Views: 5706

Re: depleting accounts in retirement

I've been using Roth money as an emergency fund... new garage door, emergency car repair, etc. I converted at the 15% tax rate, and if I took more out of my tIRA, that would increase my taxes.. don't want to do that.
by nbseer
Tue Jul 11, 2017 4:31 pm
Forum: Investing - Theory, News & General
Topic: Hundreds laid off at Fidelity
Replies: 22
Views: 4887

Hundreds laid off at Fidelity

Despite record profits, Fidelity laying off a lot of people today (Tuesday).

https://www.axios.com/layoffs-at-fideli ... 62317.html
by nbseer
Thu Jul 06, 2017 6:56 pm
Forum: Investing - Theory, News & General
Topic: "Bond wipeout has just begun"???
Replies: 84
Views: 13690

"Bond wipeout has just begun"???

So is this "really" the end of the multi-year bond rally? And if bonds/bond funds are in for a long period of declining prices, and stocks are pricey, what do you do? Sit it out in a money market fund making nothing (and actually losing money to inflation)? https://www.bloomberg.com/news/articles/20...
by nbseer
Mon Jun 19, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: AA with a pension
Replies: 15
Views: 2222

Re: AA with a pension

I am retired age 65, will wait until 70 to start taking my multi-employer pension since it increases about 9% every year I wait. I would consider it as fixed income, but am very conservative and have most of my tIRA in CDs. Have already started taking SS so DW can get spousal benefit, and use that S...
by nbseer
Fri Jun 16, 2017 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Direct CD vs. Brokered CD
Replies: 21
Views: 3973

Re: Direct CD vs. Brokered CD

A few months ago a Vanguard FA told me he thought new CD issues of no more than 2 year duration were the best at this time.

So that's what I bought in my tIRA... will re-evaluate when they come due over the next 2 years, and hopefully when rates are higher.
by nbseer
Wed Jun 14, 2017 8:51 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3068
Views: 946018

Re: What Book Are You Currently Reading? Part VI

"Sapiens: A Brief History of Humankind" by Yuval Noah Harari. Fascinating examination of the rise of Homo Sapiens over the other species that did not survive, like the Neanderthal. Calls the "agricultural revolution" the greatest fraud ever, how it enslaved people to work in the fields, leading to a...
by nbseer
Tue May 23, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 18910

Re: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)

How about this? Retired, higher-earner DH starts SS at FRA of 66, allowing lower-earner DW to begin spousal benefits. Do Roth conversions until RMDs start at 70 1/2, using the SS payments to pay the taxes. With total SS for both around $42,000, and trying to live off just the SS, it's taxed at just ...
by nbseer
Mon May 22, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 92
Views: 14333

Zacks says sell Wellesley!?

Zacks has a "strong sell' rating (it's worst possible ranking) on Vanguard Wellesley (VWIAX). Complete with scary red warning! What's up with that?
by nbseer
Fri Apr 07, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed: Enough to Retire, but the Tax Bill is a shock
Replies: 58
Views: 9890

Re: Advice Needed: Enough to Retire, but the Tax Bill is a shock

For those fortunate enough to get a pension: Use the pension money to pay the taxes on Roth conversions. If you don't get a pension, take SS maybe at age 65, and use that money to pay the conversion tax. If married filing jointly, keep the Roth conversion under $44,000 (if you need to do that much) ...
by nbseer
Sun Feb 26, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: tax calculators don't agree!
Replies: 6
Views: 1002

tax calculators don't agree!

Trying to plan for estimated federal tax payments this year, I've been testing with both Turbotax Taxcaster https://www.turbotax.intuit.com/tax-tools/calculators/taxcaster/ and efile.com's https://www.efile.com/tax-service/tax-calculator/ Turbotax says I get a refund of several hundred dollars, yet ...
by nbseer
Sat Feb 18, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Roth as emergency fund question
Replies: 1
Views: 343

Roth as emergency fund question

I'm planning on starting Roth conversions this year, up to the 15% marginal tax bracket. Would probably use this Roth account as an emergency fund sometime in the next 10 years. It's in Vanguard.. but their MM fund pays less than 1%. Would it make more sense to just take a withdrawal from my tIRA an...
by nbseer
Fri Feb 10, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: Saved too much? What do you splurge on?
Replies: 90
Views: 11030

Re: Saved too much? What do you splurge on?

I agree with giving cash gifts to children while I'm still alive and they are in their 20's, just getting started... But my concern with depleting huge amounts of our savings would be an unexpected medical crisis... we don't have LTCI and would self-fund any stay in rehab-long term care, etc. That c...
by nbseer
Fri Feb 03, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Do ROTH conversion or not?
Replies: 23
Views: 2793

Re: Do ROTH conversion or not?

I'm converting from tIRA to Roth over the next 5 years (from age 65-70, before starting to take pension) at the 15% marginal tax bracket not only to lower the amount subject to RMD, but also to have a tax-free source for big expenses... new roof, cars, etc.
by nbseer
Fri Feb 03, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Andrews 3% CD or Total Bond Market?
Replies: 44
Views: 8886

Re: Andrews 3% CD or Total Bond Market?

FWIW, I recently moved half my IRA holdings from Vanguard to Fidelity. A Fidelity bond desk guy said the best CDs to buy now are 2-year new issues... which is what I'm doing (I'm in retirement and very conservative!). I'm totally out of all my Vanguard bond funds, seeing higher inflation and interes...
by nbseer
Sat Jan 14, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity [Customer Service Reputation]
Replies: 73
Views: 7136

Vanguard vs. Fidelity [Customer Service Reputation]

I just transferred 50% of my IRA from Vanguard to Fidelity, to take advantage of Fidelity's cash bonus offer. It's just been a few days, but already I am impressed with the increased amount of communication from Fidelity compared to what I get from Vanguard. Does Fidelity have a better reputation fo...
by nbseer
Fri Dec 02, 2016 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: 30/70 Allocation in a rising rate environment
Replies: 2
Views: 1007

30/70 Allocation in a rising rate environment

With stocks at all-time highs, and fixed income (bonds) dropping at the prospect of interest rate hikes and possibly inflationary economic policies, a question: How would an allocation of 30% stocks and 70% bonds perform if stocks were to drop, say, 20% because of inflation/rate hikes? Would bonds r...
by nbseer
Tue Nov 22, 2016 1:39 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 331
Views: 61464

Re: Retreat to cash

Call me a scaredy-cat.. but back in September I decided to play it safe and sold all my Vanguard bond funds in my tIRA, putting it into the money market. I am retired, have hit my 'number' and am more interested in preserving my principal, don't really need further gains. Figure I escaped $20,000 in...
by nbseer
Sun Nov 20, 2016 9:11 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Inflation-Protected Securities Is a Top Pick."
Replies: 23
Views: 4737

Re: "Vanguard Inflation-Protected Securities Is a Top Pick."

"... this fund, which has an 8.3-year duration, making it highly sensitive to changes in interest rates. . . ."

Which is why I will stay away from this... look at the last two weeks.. TIPS instruments seem to have fallen just as badly as other bond funds, and interest rates have only begun to rise.
by nbseer
Thu Oct 06, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion recharacterization question
Replies: 2
Views: 305

Roth conversion recharacterization question

Let's say my goal is to convert $50,000 from tIRA to Roth. I put $25,000 in a bond fund in one Roth IRA, and another $25,000 in a stock fund in a 2nd Roth IRA. In the ensuing year, stocks drop and bonds rise... let's say stocks drop to $15,000. So I want to recharacterize the stocks Roth conversion ...