Search found 186 matches

by WallyBird
Sun Jun 24, 2018 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 40
Views: 3432

Re: Compliments for Vanguard?

Did a rollover to Vanguard this past year. All went well. Outgoing custodian insisted on sending me the check, but Vanguard sent me a FedEx label to forward the check to them. Couldn't have gone more smoothly. Things went similarly smoothly a few years ago when I moved some stock over from a DRIP. T...
by WallyBird
Wed Mar 14, 2018 2:48 am
Forum: Personal Consumer Issues
Topic: Anybody have a sixthreezero beach cruiser bike? Or Electra Townie?
Replies: 7
Views: 1648

Re: Anybody have a sixthreezero beach cruiser bike? Or Electra Townie?

Funny you mentioned gravel bikes, I just came across Trek’s new offerings, and I don’t understand how there are so many minor marketing categories for bikes. Gravel, really? There’s dirt, mtn, all mtn, adventure, touring, cyclocross, the list keeps growing. Aspirational marketing. Kind of like how ...
by WallyBird
Mon Apr 17, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 9847

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

I know the advantages of 401k and IRA but the fact is that the money is sitting on a bank account. My question is about an individual taxable brokerage account. You have today and tomorrow to stick $5500 of that money into a Roth or traditional IRA for 2016. While you're at it, you can do the same ...
by WallyBird
Tue Apr 04, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: What to see in Philly?
Replies: 32
Views: 2863

Re: What to see in Philly?

4 hours is not enough. You need at least 1-2 weeks here to see/do all the unique things. Not joking. I agree. With four hours you've got time for a steak and a water ice. Maybe two ices. If you can stretch it a few hours, you could sneak in a visit to the old Eastern State pen. Absolutely amazing, ...
by WallyBird
Sat Mar 04, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: Downsides to Living in Same Neighborhood Entire Life?
Replies: 17
Views: 2731

Re: Downsides to Living in Same Neighborhood Entire Life?

I'm some decades past my 20s. For most of that decade, I lived in a youngish neighborhood near the center of a medium-sized city. It was great. I had friends nearby, restaurants nearby, everything I wanted. Wouldn't have done it any differently. There's no better time in one's life to live in the ci...
by WallyBird
Tue Jan 24, 2017 5:55 pm
Forum: Personal Consumer Issues
Topic: Display original photos or make reproductions?
Replies: 13
Views: 1183

Re: Display original photos or make reproductions?

What kind of photos? B&W photos are usually more durable and can last a long time -- if they were processed carefully. But generally, light -- especially sunlight -- and heat are a photograph's natural enemy. Humidity won't help either. If you don't have original negatives handy and you don't want t...
by WallyBird
Sat Jan 14, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS and/or "stable value" fund in bond allocation
Replies: 2
Views: 775

TIPS and/or "stable value" fund in bond allocation

Until now, my bond allocation has been all Vanguard, with most of that in Total Bond Market Index Admiral, VBTLX. I've come to understand the wisdom of whoever it was who said in this forum that bonds are for safety, not so much for risk, so the total market index fund is fine by me. Of course I als...
by WallyBird
Wed Jan 11, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Newbie, Partial Bogle, Help getting all the way
Replies: 18
Views: 2154

Re: Newbie, Partial Bogle, Help getting all the way

However, there are a couple of factors that are pushing me to start out a bit more conservative. One, I can't blame anyone but myself if I experience a large loss (as there will be no advisor). I can probably deal with this rationally, knowing that were no guarantees either way, but you understand ...
by WallyBird
Tue Jan 10, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: ICMA retirement transfer to Vanguard [457 plan administrator]
Replies: 8
Views: 1228

Re: ICMA retriement transfer to Vanguard

My ICMA plan had access to VINIX and its tiny 0.04 percent ER. I loved it.

Alas, we recently lost it. New plan has VINIX but with a surcharge. Still cheap, but not dirt cheap.
by WallyBird
Fri Dec 30, 2016 12:24 am
Forum: Investing - Theory, News & General
Topic: Bond Allocation if you don't care about Volatility
Replies: 26
Views: 1901

Re: Bond Allocation if you don't care about Volatility

If you're really just getting started, and your portfolio is less than $20K or so, go for it. I don't advise it, but your annual contributions will offset all but the worst crashes. For a few years, anyway. Speaking from personal experience, I got very interested in bonds as a buffer to equities in ...
by WallyBird
Tue Sep 27, 2016 10:04 am
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 144
Views: 17101

Re: The Trouble with "Buy and Hold"

And that also suggests that you were a bit too aggressive. If you were 80% stock at the 2007 peak, the market drop moved you to about 60% stock at the bottom, so you should have rebalanced along the way, in addition to making new investments in stock (or bonds, as appropriate). This is a reminder t...
by WallyBird
Mon Sep 26, 2016 5:46 pm
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 144
Views: 17101

Re: The Trouble with "Buy and Hold"

This may be unlikely occur due to the nature of the timing system, but it's a massive risk. Unlike with Buy and Hold, there is no mean reversion to make you whole when (if) your system fails you. I've been looking back at 2009-2010 and seeing what I did when the heat was on. I didn't sell anything,...
by WallyBird
Sat Sep 24, 2016 10:57 pm
Forum: Personal Consumer Issues
Topic: Chicago Food/Restaurant Recommendations
Replies: 60
Views: 5526

Re: Chicago Food/Restaurant Recommendations

When you are in Chicago, visit The Second City. Very solid advice. If they're sold out-- or even if they're not -- you can also go a half mile west to IO Chicago, which has very good shows and better beer prices. http://ioimprov.com/chicago/ http://www.secondcity.com An added bonus for IO is that t...
by WallyBird
Wed Sep 21, 2016 11:10 pm
Forum: Personal Consumer Issues
Topic: Study Abroad program question
Replies: 34
Views: 2757

Re: Study Abroad program question

I was fortunate to attend a summer German program in Germany, and enjoyed it so much I went back again. I found that enrolling directly with the foreign U's summer program was ridiculously cheap, and would recommend the OP urge the daughter to investigate this option. I was hardly the world's most d...
by WallyBird
Sun Sep 18, 2016 11:31 pm
Forum: Personal Consumer Issues
Topic: Coffee makers: Moka, French Press, etc.
Replies: 64
Views: 6169

Re: Coffee makers: Moka, French Press, etc.

Melitta 10 cup pour over...$11.66 at Amazon. Very easy; grind or buy pre-ground, heat water on the stove with a kettle and pour over the grounds and filter (filters are cheap on Amazon). For clean up just dump the cheap filter and rinse the cone and glass carafe. I love the variety of nifty ways to...
by WallyBird
Fri Sep 16, 2016 1:36 pm
Forum: Personal Consumer Issues
Topic: Fun Vacations v. Time with Family
Replies: 38
Views: 4906

Re: Fun Vacations v. Time with Family

THANK YOU! I have friends who live to travel and it seems to be just as competitive as climbing the corporate ladder or buying a house in a fancy community. It's like a permanent one-upping. Europe is way played out, the action is in Southeast Asia apparently, but not the Middle East. One friend wa...
by WallyBird
Tue Sep 13, 2016 9:50 pm
Forum: Investing - Theory, News & General
Topic: Are Index Funds a Lousy Bet Right Now?
Replies: 28
Views: 5040

Re: Are Index Funds a Lousy Bet Right Now?

I couldn't even make it past the first paragraph. But the S&P 500 has been on a tear over the past few years, making it difficult for even first-rate actively managed funds to keep up with the index. Huh?? :oops: I think he's saying that I should have been buying index funds "over the past few year...
by WallyBird
Tue Aug 23, 2016 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Example of Credit Union converting to state charter and private insurance
Replies: 4
Views: 680

Re: Example of Credit Union converting to state charter and private insurance

I was a member of an ASI insured CU. They survived the 2008 meltdown just fine -- though I don't know if any CU has failed, regardless of their charter or insurance. Nevertheless, having seen WaMu fail and the federal insurance cover it, I'm not inclined to bother with anything other than federal in...
by WallyBird
Sun Aug 14, 2016 11:13 am
Forum: Personal Consumer Issues
Topic: Advice about a stop in Chicago
Replies: 52
Views: 6307

Re: Advice about a stop in Chicago

Thanks. I spent some time yesterday researching the CTA details. So confusing the way it's written on multiple websites. Have printed out my routes and a map. Have determined that I can buy two $5 Ventra 1-time use tickets at the airport, one to get into town and one to return to the airport at the...
by WallyBird
Thu Aug 04, 2016 5:12 pm
Forum: Personal Consumer Issues
Topic: closet organizing system
Replies: 43
Views: 8381

Re: closet organizing system

Another vote for Elfa. Almost trivially easy to install, goes on sale at least twice a year. We put ours in ten years ago and it's still going strong.
by WallyBird
Sun Jul 31, 2016 6:22 pm
Forum: Personal Consumer Issues
Topic: Eastern Europe Trip Planning - Advise?
Replies: 34
Views: 3730

Re: Eastern Europe Trip Planning - Advise?

This might be a ridiculous question, but since a smartphone doesn't get any service there, would we just download the tours in the U.S. and use them when we're there? How did you manage to get around without smartphone directions? Is there enough wifi there to just use that? Did you purchase a GPS?...
by WallyBird
Tue Jul 26, 2016 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead temptations: not following AA plan
Replies: 11
Views: 1792

Re: Boglehead temptations: not following AA plan

For example: my AA and glide path is calling for me to buy more fixed income and sell off some equity. But I perceive the following that may or may not be true: 1. U. S. Equity prices are at all time highs 2. Bond prices are at all time highs 3. REITs are at all time highs ... That phrase "all time...
by WallyBird
Sun Jul 24, 2016 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Bonds at an historic high; time to get out?
Replies: 37
Views: 4329

Re: Bonds at an historic high; time to get out?

Apologies to the OP for barging in on their thread.. Common wisdom here would say intermediate-term bonds are better for most individual investors than long-term, but the emphasis is on most . Let's set aside most . Why did you decide to use long-term funds in the first place? In what way did they i...
by WallyBird
Sat Jul 23, 2016 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds at an historic high; time to get out?
Replies: 37
Views: 4329

Re: Bonds at an historic high; time to get out?

My bond allocation has been somewhat heavy on long term bond funds. Having noted that prices are up, and aware of the Boglehead fondness for simplicity and for letting the stocks carry the risk, I thought this seems like a great time to simplify and exchange long term bond funds in my IRAs to Total ...
by WallyBird
Tue Jun 21, 2016 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help - At An Investing Crossroads
Replies: 15
Views: 1522

Re: Help - At An Investing Crossroads

A friend of mine really likes the web page, and raves about how it displays all his accounts in one place. There's the little problem of the annoying calls from someone trying to upsell, but he says that after a while they give up and leave him alone.
by WallyBird
Thu Jun 02, 2016 11:07 pm
Forum: Personal Consumer Issues
Topic: 22 days Eurail Global Pass for Scenic Rail Journeys in Europe
Replies: 35
Views: 3358

Re: 22 days Eurail Global Pass for Scenic Rail Journeys in Europe

Very ambitious... and very short notice. With that in mind, I'd keep the Eurail passes and go have fun. Slow down when the urge strikes... it probably will.

Try to edit down your itinerary. Save some goodies for your next trip.

Let us know how it went!
by WallyBird
Fri May 27, 2016 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: My first year - Way forward
Replies: 7
Views: 1092

Re: My first year - Way forward

One reason I like dollar-cost averaging is that it gets very complicated to figure out how much I'm up or down. So I don't bother figuring it out, and all goes well.
by WallyBird
Tue May 24, 2016 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Financial Engines 401k management
Replies: 27
Views: 3666

Re: Financial Engines 401k management

Stay were you are at. Do not follow Financial Engines. The Financial Engines algorithm will have you chaning your portfolio every few months. That's what it did for me, some years ago. The first round of recommendations seemed to make sense, telling me how to move from the mishmash of funds I had t...
by WallyBird
Thu May 19, 2016 8:03 am
Forum: Personal Consumer Issues
Topic: Higher condo fees on higher floor units?
Replies: 25
Views: 3123

Re: Higher condo fees on higher floor units?

It's very possible that the HOA got to operating in a way that contradicts the governing documents. It may be worth taking a closer look at the docs. Ours spell out the percentage ownership of each unit, which was roughly alotted by unit area. In our state, it *is* possible to charge certain ameniti...
by WallyBird
Thu May 19, 2016 7:00 am
Forum: Personal Consumer Issues
Topic: Higher condo fees on higher floor units?
Replies: 25
Views: 3123

Re: Higher condo fees on higher floor units?

It's very possible that the HOA got to operating in a way that contradicts the governing documents. It may be worth taking a closer look at the docs. Ours spell out the percentage ownership of each unit. Your state condo law may also have something to say on the matter.
by WallyBird
Wed May 18, 2016 8:33 am
Forum: Investing - Help with Personal Investments
Topic: AA makeover
Replies: 3
Views: 390

Re: AA makeover

Thanks for the responses. It's taken a while for me to get the bond up to even 20 percent, but I'll keep notching it up. My risk tolerance has been good up to a point, but being closer now to the finish line than the starting line, it's a good idea to smooth out the bumpiness. Next stop 25 percent!
by WallyBird
Fri May 13, 2016 8:38 am
Forum: Investing - Help with Personal Investments
Topic: AA makeover
Replies: 3
Views: 390

AA makeover

The background: My current asset allocation mostly derives from the one and only time I ran my numbers through Financial Engines. Over the next few years I tweaked it a little, adding the REIT and ratcheting up the bonds. All holdings are in low-cost index funds, of course. Because I have access to ...
by WallyBird
Thu Apr 07, 2016 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: ICMA-RC - Are these reasonable fees?
Replies: 15
Views: 6830

Re: ICMA-RC - Are these reasonable fees?

An ICMA plan that I'm very familiar with has offered a number of Vanguard index funds with no additional fees. Perhaps a conversation with your HR person might help get an index find added ?
by WallyBird
Fri Mar 18, 2016 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Illinois refund options with snail mailed forms
Replies: 4
Views: 532

Re: Turbo Tax Illinois refund options with snail mailed forms

You can always use the paper form from TT as a guide while you use the IL Dept of Revenue's online forms.
by WallyBird
Sat Feb 20, 2016 11:17 pm
Forum: Personal Consumer Issues
Topic: Uber, Lyft, or car-for-hire from Seattle Airport?
Replies: 17
Views: 2625

Re: Uber, Lyft, or car-for-hire from Seattle Airport?

Could take the light rail directly out of the airport into the downtown seattle transit tunnel (about $3, and 30 minutes), and from the tunnel the 255 or one of the sound transits to downtown bellevue ($2.50-3.25 and another 30 minutes.) No need to go thru Seattle. Get the Sound Transit 560 bus at ...
by WallyBird
Wed Feb 03, 2016 7:08 pm
Forum: Personal Consumer Issues
Topic: Advice about a stop in Chicago
Replies: 52
Views: 6307

Re: Advice about a stop in Chicago

The area is very nice, and generally avoided by out of town tourists. Use your usual American big city caution and you should be fine. I must dissent re Chicago Pizza (sic) and Oven Grinder. Long wait for a bowl of red sauce with cheese and crust on top that is almost completely unlike pizza. My nea...
by WallyBird
Thu Jan 28, 2016 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard VFINX Roth IRA
Replies: 8
Views: 1680

Re: Vanguard VFINX Roth IRA

Over the past year the fund has seen a low of $171.61 and a high of $197.07 and it closed at $173.80 on Wednesday January 27th. Some of that drop comes from dividend distributions. Not much, but some. That said, I can't promise it won't get cheaper. But it's cheaper than it was. Your daughter sound...
by WallyBird
Wed Dec 23, 2015 3:02 pm
Forum: Personal Consumer Issues
Topic: Uber pickup/drop off at O'Hare Airport, Chicago?
Replies: 23
Views: 13475

Re: Uber pickup/drop off at O'Hare Airport, Chicago?

Your main risk at ORD is that the driver will prefer a downtown fare, and will resent waiting to get you for just a five minute hop.

You might try getting the shuttle to the Rivers casino and then a taxi from there. Drop a quarter in the slot machine so you'll be a customer.
by WallyBird
Sat Dec 19, 2015 4:24 pm
Forum: Personal Consumer Issues
Topic: What is best Titanium Road Bike
Replies: 32
Views: 8615

Re: What is best Titanium Road Bike

I'd like to buy a stock size road bike made of Titanium. Does anybody have a recommendation? I'm thinking about a Moots or maybe a Guru. The best bike is the one that fits you best, feels good to you when you ride it, and at whatever level makes you happy to own it. This is a personal and somewhat ...
by WallyBird
Thu Dec 10, 2015 7:42 pm
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 103
Views: 13038

Re: How to learn a second language

sawhorse Well my wife and I are doing a French class at night with a beautifully speaking Parisian who can not teach but means well and........none of the 5 colleges in the area offer French as a class for people doing continuing ed. Such is life... :happy Check and see if you can find a university...
by WallyBird
Sun Dec 06, 2015 8:50 pm
Forum: Investing - Theory, News & General
Topic: Financial Engines via Vanguard: Problem Getting Account Info to Transfer
Replies: 18
Views: 2107

Re: Financial Engines via Vanguard: Problem Getting Account Info to Transfer

I used FE once. Exactly once. It was very helpful in steering me to lower cost funds and getting a handle on my asset allocation. Soon thereafter it seemed to want me to re-jigger the entire AA and change my fund mix which didn't seem to me to make much sense. It also seemed like a lot of work, so I...
by WallyBird
Thu Dec 03, 2015 12:11 pm
Forum: Personal Consumer Issues
Topic: What is the "Honda Accord" of bicycles?
Replies: 78
Views: 8610

Re: What is the "Honda Accord" of bicycles?

Schwinn has always been a great choice. I purchased two, one for me, and other for wife about 20 years ago, and I'm still riding in warmer seasons. I like both the old US-built Schwinns and the steel imports made in Japan and Taiwan thru the mid 1990s. Your bikes are likely in the latter category, ...
by WallyBird
Wed Dec 02, 2015 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with Pension when Leaving Job
Replies: 6
Views: 1090

Re: What to do with Pension when Leaving Job

I currently work for a municipliaty that has a mandatory contribution to the state pension retirement plan in place. I'd be vested in ten years but there's no way in hell I will still be there in 10 years. When I leave what is the best thing to do with the pension contributions that have accrued? B...
by WallyBird
Wed Nov 11, 2015 6:20 pm
Forum: Personal Consumer Issues
Topic: Veteran's Designation on Drivers License
Replies: 28
Views: 3154

Re: Veteran's Designation on Drivers License

As a retired police officer, I can confirm. A properly identified veteran would have to do something pretty egregious to receive a summons. Thank you all for your service. Frank Thanks for this information. Short of actually enlisting (too late for that, and I likely wouldn't have made the cut anyw...
by WallyBird
Thu Oct 15, 2015 4:27 pm
Forum: Personal Consumer Issues
Topic: Local movie theater now offers reserved seating. Is this good or bad?
Replies: 37
Views: 5809

Re: Local movie theater now offers reserved seating. Is this good or bad?

People still go to the movie theatre? How do you justify that cost? It costs me $4 to go to a movie. Not too hard to justify. I usually end up paying more than that, but I have a long checklist of pricy vices that I don't indulge. I find I can justify a lot of things by noting that they cost less t...
by WallyBird
Tue Sep 29, 2015 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off today.. please advise
Replies: 35
Views: 6501

Re: Laid off today.. please advise

Let go today, and just got home. A lot to digest in coming days so figure I need a 'to do' list. Sorry to hear. Here's what comes to mind: 1. Check your pre-tax health care account, if you have one. You may be able to use up the annual deferment, even though you only paid in for 9 months. 2. I once...
by WallyBird
Fri Sep 18, 2015 6:42 pm
Forum: Personal Consumer Issues
Topic: Semi-formal flatware
Replies: 25
Views: 2393

Re: Touch

We have a set of Yamazaki ss flatware that we have used almost daily for 30 years. Depending on your tap water, the knife blades may spot in the dishwasher but ours looks as good today as when we got it. Very strong and a nice feel. Have never bent a spoon or a fork tine. Worth checking. I'm likewi...
by WallyBird
Fri Sep 18, 2015 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Jump Ship from Expensive Mutual Fund Company...or Hang in There?
Replies: 21
Views: 2398

Re: Time to Jump Ship from Expensive Mutual Fund Company...or Hang in There?

And yes, I've been reinvesting dividends and capital gains for most of the fund's life. As a few of you mentioned--if I don't liquidate immediately--I should at least stop automatic reinvesting immediately, yes? Absolutely. You can always use that money to fund your new no-load IRA. It sickens me t...
by WallyBird
Mon Aug 31, 2015 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Fractional Ownership [Property]
Replies: 33
Views: 4548

Re: Fractional Ownership [Property]

So you're buying a 1/13th interest in a $4.75 MM condo. Maybe not quite that bad, or quite that good. The value of a week in a ski condo is probably highest in late December, and still pretty high thru March. Most resorts in the Rockies are done by mid April. So there's a maximum of 4 months of hig...
by WallyBird
Wed Aug 26, 2015 4:23 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 255
Views: 44814

Re: The Bogleheads' Silent Majority

I finally looked today. Well, I peeked on Friday, but I may have been looking at Thursday balances. The bad news is that the portfolio is down 10 percent at yesterday's closing prices. :annoyed The worse news is that my biweekly 401K contribution hit last Wednesday. :oops: The good news is that I'd ...