Search found 3106 matches

by MnD
Thu Jan 18, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Paying semi-illiterate vendor via credit card who has no email or computer
Replies: 23
Views: 1621

Re: Paying semi-illiterate vendor via credit card who has no email or computer

You might be able to buy visa gift cards loaded with the correct payment amount and mail them to him directly to use. The purchase fees are probably cheaper than plastiq. A government credit card buying visa gift cards which then get mailed around the country to someone... isn't that going to raise...
by MnD
Thu Jan 18, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Paying semi-illiterate vendor via credit card who has no email or computer
Replies: 23
Views: 1621

Re: Paying semi-illiterate vendor via credit card who has no email or computer

Would some service like Plastiq work? https://www.plastiq.com From their FAQ: Plastiq is a first-of-its-kind online payment service that enables its members to use the credit & debit cards already in their wallets to make any payment, regardless of recipient acceptance. Unlike other solutions, Plas...
by MnD
Thu Jan 18, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Paying semi-illiterate vendor via credit card who has no email or computer
Replies: 23
Views: 1621

Re: Paying semi-illiterate vendor via credit card who has no email or computer

livesoft wrote:
Thu Jan 18, 2018 5:52 pm
Call his local bank manager and ask for ideas.
Thanks. I thought of that too.
by MnD
Thu Jan 18, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Paying semi-illiterate vendor via credit card who has no email or computer
Replies: 23
Views: 1621

Re: Paying semi-illiterate vendor via credit card who has no email or computer

You can deposit or transfer money into a checking account no problem, seems like the problem is more on your end by wanting to pay it using a credit card, which basically turns it into a cash advance. Someone is going to have to pay fees to do that, either the payor or the recipient. Can you transf...
by MnD
Thu Jan 18, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Paying semi-illiterate vendor via credit card who has no email or computer
Replies: 23
Views: 1621

Re: Paying semi-illiterate vendor via credit card who has no email or computer

margered wrote:
Thu Jan 18, 2018 5:40 pm
Paypal at the library?
Zero computer knowledge, skills or ability. Reads with difficulty.
by MnD
Thu Jan 18, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Paying semi-illiterate vendor via credit card who has no email or computer
Replies: 23
Views: 1621

Paying semi-illiterate vendor via credit card who has no email or computer

I need to pay on a quarterly basis a semi-illiterate farm worker who is servicing some equipment for me about 1 hour a week on a weekly basis on a long-term project I run. The vendor and his spouse have no email, no computer and he indicated to me he reads with difficulty so getting him up to speed ...
by MnD
Wed Jan 17, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle says Fidelity will be sold in 5 years...
Replies: 37
Views: 8453

Re: Jack Bogle says Fidelity will be sold in 5 years...

Given their model, Fidelity would be a better fit for Schwab to buy than BlackRock or Vanguard.
That would be an interesting big 3.
by MnD
Wed Jan 17, 2018 10:47 pm
Forum: Investing - Theory, News & General
Topic: Amazing how much your IPS can de-stress your life
Replies: 24
Views: 2757

Re: Amazing how much your IPS can de-stress your life

One of my major de-stressors was the switch years back to mirroring all-cap world index investable market for equities. No more hand-wringing over the "right" US/international allocation and for various tilts. No more desperate seeking for international small cap emerging market value funds. :mrgree...
by MnD
Mon Jan 15, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Understanding the Great Recession Impact
Replies: 44
Views: 3254

Re: Understanding the Great Recession Impact

It was the age of debt and LBYM (living beyond your means). My neighbor on one side refinanced his huge house with cash out 4 times leading up to the great recession. Put the cash into the house along with cars, trucks, and his small but booming construction business. Then all construction business ...
by MnD
Mon Jan 15, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 4567

Re: Nostalgic about old online brokerages that no longer exist

Quick and Reilly. Call and talk to an incredibly fast-talking broker with a huge NYC accent or to save even more use the phone tone order entry using the phone keypad. Good times! Used them for many years for taxable, IRA and education accounts. Eventually they got bought out (TD Waterhouse?) and I ...
by MnD
Mon Jan 15, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2479

Re: Do people in the forum hold foreign bonds?

Yes, I have Dodge and Cox Global Bond Fund which holds international and US bonds. Duration 3.6 years and SEC yield 3.5%. This is paired with a blended treasury yield indexed stable value fund (TSP G fund) at duration 1 day yield 2.375%. This pair at 33:67 has a blended duration and yield of 1.2 yea...
by MnD
Sun Jan 14, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 68
Views: 4706

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

Nothing really. Especially given OP mentions brick (and mortar) bank. Schwab checking is free everything and reimburses all ATM fees if you need a back of the wallet debit/atm card. I've observed a number of financial problems from one back in the line over the years and folks with credit cards do f...
by MnD
Sun Jan 14, 2018 10:37 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7703

Re: Heading for a top?

Let's think about that though. In real terms, how much higher were markets at their future nadirs than the years you mentioned? 1974, or 1981, and 2002, or 2009? How did cash or bonds perform relatively, and on a risk adjusted basis? What were CAGRs from 1958-1981 or 1991-2009? Without cherry-picki...
by MnD
Sat Jan 13, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7703

Re: Heading for a top?

The "this bull market is long in the tooth" argument would have gotten you out of the 1949-1966 run in 1958 and out of the 1982-2000 run in 1991. Both pretty unfortunate timing-wise. Let's think about that though. In real terms, how much higher were markets at their future nadirs than the years you...
by MnD
Sat Jan 13, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7703

Re: Heading for a top?

Here's what I'm doing........

Check asset allocation versus plan of 70% global cap stock, 30% fixed income.
Is fixed income inside rebalancing bands of 27.5%-32.5%?
Why yes it is - 28.1%.
Therefore do nothing.

"Don't just do something, stand there!" applies to bull markets as well.
by MnD
Sat Jan 13, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7703

Re: Heading for a top?

The "this bull market is long in the tooth" argument would have gotten you out of the 1949-1966 run in 1958 and out of the 1982-2000 run in 1991. Both pretty unfortunate timing-wise. Let's think about that though. In real terms, how much higher were markets at their future nadirs than the years you...
by MnD
Sat Jan 13, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 7703

Re: Heading for a top?

The "this bull market is long in the tooth" argument would have gotten you out of the 1949-1966 run in 1958 and out of the 1982-2000 run in 1991.
Both pretty unfortunate timing-wise in terms of foregone total return in the remaining years of those moves.
by MnD
Wed Jan 10, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?
Replies: 36
Views: 3610

Re: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?

Sandtrap wrote:
Fri Feb 17, 2017 10:17 am
So I don't understand why there's been no offers.
Maybe the market for exclusive cemetery plots is just really dead right now.
by MnD
Wed Jan 10, 2018 12:53 am
Forum: Investing - Theory, News & General
Topic: How diversified are you really with cap weighted foreign markets?
Replies: 37
Views: 1982

Re: How diversified are you really with cap weighted foreign markets?

So as a investor that mirrors total world on the equity side (70 equity /30 fixed income), an approximation of my individual "big swiss" single stock stake in ultra non-diversified Switzerland as a % of my portfolio is: 70% (my share of equity versus other) X 2.6% (Swiss share of total world) X 70% ...
by MnD
Mon Jan 08, 2018 12:38 am
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 210
Views: 17637

Re: Memo to those who have won the game: it's time to quit playing

I can't believe that with all these wealthy Bogleheads around that I seem to be the only one who thinks I have enough to get by without betting on stocks, and probably even handle the high cost of assisted living and long-term care if it comes to that. And I don't exactly think I'm wealthy. What ar...
by MnD
Mon Jan 08, 2018 12:26 am
Forum: Investing - Theory, News & General
Topic: CAPE Fear: Why CAPE Naysayers Are Wrong
Replies: 102
Views: 7513

Re: CAPE Fear: Why CAPE Naysayers Are Wrong

I'm liking these "be fearful" posts. 8-)
by MnD
Thu Jan 04, 2018 11:32 pm
Forum: Investing - Theory, News & General
Topic: Becoming comfortable with International Stocks
Replies: 15
Views: 1738

Re: Becoming comfortable with International Stocks

You don't have to become an expert in the society, economy and trading stocks in Kazakhstan to engage in global investing. The dollar-weighted bulk of your holdings in international index funds are in big-name global companies with shares typically listed on numerous major exchanges across the globe...
by MnD
Thu Jan 04, 2018 10:21 pm
Forum: Investing - Theory, News & General
Topic: 2018 Hedge Fund contest
Replies: 115
Views: 6549

Re: 2018 Hedge Fund contest

Takeover & Gameover
Long
TGT Target Corp
Short
SHLD Sears Holdings Corp
by MnD
Thu Jan 04, 2018 12:55 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24468

Re: Hitting The Sell Button

I use rebalancing bands so no emotions, worries, crying, hunches - and no dribble rebalancing with new money.
Last rule-based rebalancing June 2017 - not particularly close to exceedance bands currently. 8-)
by MnD
Tue Jan 02, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 128
Views: 11354

Re: Embarrassment Preventing Retirement Work: A factor for you?

Early jobs I loved were cutting neighborhood lawns, selling christmas trees and field work for the forest service. I had numerous other early jobs I hated. I might consider something out of the "like" bin when I retire later this year. A huge fancy garden supply and greenhouse 2 blocks from my house...
by MnD
Tue Jan 02, 2018 6:57 pm
Forum: Investing - Theory, News & General
Topic: International stocks -- lose rebalancing benefit with total international index?
Replies: 14
Views: 1365

Re: International stocks -- lose rebalancing benefit with total international index?

I'm increasingly convinced that anything other than Total World in equities is just a reflection of one's various behavioral errors and biases. If I could get Total World for less than 10 basis points in a mutual fun, it is likely I would hop on that. And to clarify I was talking about replicating ...
by MnD
Mon Jan 01, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: International stocks -- lose rebalancing benefit with total international index?
Replies: 14
Views: 1365

Re: International stocks -- lose rebalancing benefit with total international index?

I'm increasingly convinced that anything other than Total World in equities is just a reflection of one's various behavioral errors and biases.
by MnD
Mon Jan 01, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 84
Views: 6752

Re: Tax Law Sunset 2025 - Roth vs Traditional

As the policy of the forum is to only evaluate financial decisions based upon actual current tax law, I would assume this would mean when evaluating Roth vs Traditional, for those retiring beyond 2025 the applicable comparison will be today's lower rates vs higher income tax rates in retirement? Gi...
by MnD
Sat Dec 30, 2017 10:50 pm
Forum: Investing - Theory, News & General
Topic: How did you guys do in 1966 - 1980?
Replies: 27
Views: 1830

Re: How did you guys do in 1966 - 1980?

Age 4 to 18 - very good times for me! My dad spent his $ on his wife and 5 kids and saved and invested the difference. WWII vet born 1923. I recall clipping coupons on his muni bonds (with scissors!) and discussions about his basket of blue-chip stocks and corporate bonds. He was a small city rural-...
by MnD
Sat Dec 30, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1728
Views: 305051

Re: What are you up YTD? [Year To Date]

2017 XIRR = +17.2% Benchmark return= +18.1%, so I lagged my benchmark by 0.9 percentage points 2017 asset allocation = 70% Global market cap stocks, 30% fixed income and cash. Six accounts, 17 holdings, Weighted ER 0.11% 2017 Benchmark was 70% Total World Stock Market (VT), 25% Total Bond Market (BN...
by MnD
Fri Dec 29, 2017 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Is it me or does everything seem expensive?
Replies: 47
Views: 5226

Re: Is it me or does everything seem expensive?

King crab legs (premium 9/12 grade roughly 1 pound per leg) were $23 a pound at Costco today during the holiday seafood road show. For several years during and after the great recession they were $13 and I think recession "bottom" price was $11/pound although those were golden variety. But that's te...
by MnD
Fri Dec 29, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: What is the best current account aggregator online?
Replies: 22
Views: 1383

Re: What is the best current account aggregator online?

I agree, if the topic was "Are account aggregators safe and do you use them?
But do we need half a dozen "Me too - I don't use them!" in a thread titled "What is the best current account aggregator online?"
by MnD
Fri Dec 29, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: What is the best current account aggregator online?
Replies: 22
Views: 1383

Re: What is the best current account aggregator online?

I've tried aggregators at Mint, Fidelity, schwab and Personal Capital and have found Personal Capital to be superior for my needs. p.s. Maybe the mods could set up a sticky thread where people can yammer on about the evils of account aggregators, reward credit cards, international investing and usin...
by MnD
Thu Dec 28, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Scared of bonds
Replies: 14
Views: 2023

Re: Scared of bonds

The TSP G fund is arguably the perfect bond fund. Money market safety but a yield like Vanguard total bond market fund. The TSP F fund is virtually identical to the Vanguard total bond market fund. But don't bother with either if you have access to the TSP G fund. I am in the TSP, have most of the ...
by MnD
Thu Dec 28, 2017 12:20 am
Forum: Investing - Help with Personal Investments
Topic: Scared of bonds
Replies: 14
Views: 2023

Re: Scared of bonds

The TSP G fund is arguably the perfect bond fund.
Money market safety but a yield like Vanguard total bond market fund.

The TSP F fund is virtually identical to the Vanguard total bond market fund.
But don't bother with either if you have access to the TSP G fund.
by MnD
Tue Dec 26, 2017 7:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 153
Views: 24520

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

My on-line bank savings account is 1.30% so no surprise that VMMXX is 1.34%.
I think people forgot that bank and brokerage money market accounts can and do pay interest. :mrgreen:
by MnD
Tue Dec 26, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 6468

Re: manual car for new teen driver

Subaru Outback (manual). We bought one used 9 years ago with 60K miles for my oldest teen at age 16 and today my youngest is still driving it at age 22 at 150K miles. 90K miles driven by all teen and early 20's drivers and just the usual maintenance, plus the head gaskets which was a know problem wi...
by MnD
Tue Dec 26, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: Any Target Date Funds better than Vanguard?
Replies: 46
Views: 4583

Re: Any Target Date Funds better than Vanguard?

Tilting to bonds and US equity sure looks like rear-view mirror investing to me.
What worked great for the last 10 years for US equity and last 25 years for bonds is unlikely to be the successful path going forward.
by MnD
Sun Dec 24, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 260
Views: 19959

Re: Do you see a meaningful change in your income with new Tax Bill?

I find it interesting what members consider meaningful. There are multiple threads on how to save a few bucks on a tax program and complaints about paying $50 for a finance book, or how to read the WSJ free or on the cheap. But saving hundreds to thousands to tens of thousands of dollars on taxes i...
by MnD
Sat Dec 23, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 107
Views: 6882

Re: Will you donate less to Charity?

https://www.google.com/search?q=DAF&ei=SzE_WufvGY_2jwPz_bLYCQ&start=0&sa=N&biw=1680&bih=919 Department of Agriculture and Fisheries? DAF trucks? Deutsch Amerikanische Freundschaft or D.A.F. is an influential German electropunk/Neue Deutsche Welle band from Düsseldorf A large frame drum, resembling a...
by MnD
Sat Dec 23, 2017 10:41 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 79
Views: 10317

Re: Roll Call for the Retirement Class of 2018!

2018 is definitely the year but much uncertainty as to the month! I'm currently eligible for an early retirement offer through 3/31/18 but with no additional cash incentive offered (yet). After that I'm not eligible for regular retirement until the end of August 2018. Another round of targeted cash ...
by MnD
Fri Dec 22, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 260
Views: 19959

Re: Do you see a meaningful change in your income with new Tax Bill?

We'll net ~$5500 split between the higher standard deduction and lower tax bracket rates. About a 16% drop in federal income taxes. We barely itemize now (bunch property taxes every other year), live in a relatively low tax state for SALT including property taxes so the terms of the tax reform were ...
by MnD
Tue Dec 19, 2017 7:23 pm
Forum: Investing - Theory, News & General
Topic: Improving the TSP [for current participants]
Replies: 241
Views: 39036

Re: Improving the TSP [for current participants]

Latest TSP fact sheet on the TSP Modernization Act indicates they are going to add ability to specify split of Roth versus traditional on withdrawals. https://www.tsp.gov/PDF/formspubs/tspfs10.pdf Question 2: If the law has been passed, why are the new options not yet available, and why could it tak...
by MnD
Mon Dec 18, 2017 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Keep money in TSP or take it out and re-invest?
Replies: 11
Views: 1306

Re: Keep money in TSP or take it out and re-invest?

TSP has the perfect bond fund found no-where else, will be vastly improving withdrawal options over the next 12-24 months and the international fund is transitioning to a best in class all-world all-cap ex-US index. .038% ER across all funds. Bailing on that deal seems very short-sighted unless you ...
by MnD
Sun Dec 17, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Do ETFs have the same issue as mutual funds at year end (distributions)?
Replies: 13
Views: 2065

Re: Do ETFs have the same issue as mutual funds at year end (distributions)?

This small cap international ETF wins no prizes as far as lack of distributions. 2017 wasn't another 2014 (yikes) but still not great. https://us.spdrs.com/en/resources/distributions/index.seam?ticker=GWX&onyx_code1=&onyx_code2=NA GWX and EWX have had distribution problems; none of the other intern...
by MnD
Fri Dec 15, 2017 11:01 pm
Forum: Investing - Theory, News & General
Topic: Do ETFs have the same issue as mutual funds at year end (distributions)?
Replies: 13
Views: 2065

Re: Do ETFs have the same issue as mutual funds at year end (distributions)?

This small cap international ETF wins no prizes as far as lack of distributions. 2017 wasn't another 2014 (yikes) but still not great.

https://us.spdrs.com/en/resources/distr ... x_code2=NA

Image
by MnD
Mon Dec 11, 2017 10:04 am
Forum: Investing - Theory, News & General
Topic: After a 2- or 3-fund solution, the rest is withdrawals and world events
Replies: 17
Views: 1849

Re: After a 2- or 3-fund solution, the rest is withdrawals and world events

Lots of good tips here for winning the richest person in the graveyard contest.
What about giant meteor or space alien invasion SWR adjustments?
by MnD
Sun Dec 10, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: How should I look at SS and pensions when developing my post-FRA AA?
Replies: 30
Views: 1101

Re: How should I look at SS and pensions when developing my post-FRA AA?

I look at ss and a pension as allowing me to not worry a bit about our plan for a 70/30 AA for life with a 5% of annual portfolio balance SWR. If the market drops 50% and never recovers our income drops 17% prior to age 70 and 14% after age 70, neither of which would present any problem whatsoever a...
by MnD
Sat Dec 09, 2017 10:36 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 7
Views: 1172

Re: Thrift Savings Plan to Change I Fund Index

TSP will be investing federal employee and military member retirement funds in companies domiciled in a country the US has economic sanctions against (that's a fact not a political statement). FRTIB has done a great job for over 30 years keeping TSP away from politics and lobbyists but I'm afraid t...
by MnD
Sat Dec 02, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: TSP I Fund - Director asks board to add emerging markets and small cap int.
Replies: 7
Views: 1062

Re: TSP I Fund - Director asks board to add emerging markets and small cap int.

Also great that they went with the IMI version of the ACWI index - it's now like you have VEU + VSS in one fund! That's the index Blackrock iShares Core MSCI Total International Stock (IXUS) uses. Looks like Blackrock will be in a very good position to bid on the I fund versus Vanguard which is an ...