Search found 3367 matches

by Earl Lemongrab
Wed Jan 17, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Stable Value fund just a Variable Annuity?
Replies: 17
Views: 868

Re: Is a Stable Value fund just a Variable Annuity?

Yeah, the main objections to variable annuities are the costs, especially commissions which offer no benefit to the consumer. They are sometimes sold in misleading manner. If Vanguard's were lower in cost, say 10-20 basis points ER instead of 50+, then more people would be interested. They are a way...
by Earl Lemongrab
Wed Jan 17, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Stable Value fund just a Variable Annuity?
Replies: 17
Views: 868

Re: Is a Stable Value fund just a Variable Annuity?

It's probably not better. Stable-value funds have the advantage of a, well, stable principal amount. Some thoughts on this. It is lower risk in the sense that there is no downside to it. On the flip side there is no upside either. Rates are locked in. Locked in for a period. It's the sort of equiva...
by Earl Lemongrab
Wed Jan 17, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Diversification
Replies: 8
Views: 361

Re: Diversification

If you have 60/40 plus cash, then you don't have 60/40.
by Earl Lemongrab
Wed Jan 17, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Stable Value fund just a Variable Annuity?
Replies: 17
Views: 868

Re: Is a Stable Value fund just a Variable Annuity?

It's probably not better. Stable-value funds have the advantage of a, well, stable principal amount. As very low risk products, you expect the return to be lower. A bond fund will be more volatile, but have a higher expected return. I have used a 50/50 mix of stable with bond index from the time I d...
by Earl Lemongrab
Wed Jan 17, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - help with tax filing situation
Replies: 9
Views: 345

Re: Backdoor Roth - help with tax filing situation

You shouldn't be doing any 2018 forms yet. His 2017 is very simple because it will only record the non-deductible contribution. Unless you're practicing for next year.
by Earl Lemongrab
Wed Jan 17, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing bands tighter than 5 / 25?
Replies: 9
Views: 530

Re: Rebalancing bands tighter than 5 / 25?

I direct new money into allocations that are lagging. I haven't had any allocation or sub-allocation (I slice and dice) get more than a few percent off target. I do need to buy some REIT when I get motivated.
by Earl Lemongrab
Wed Jan 17, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 94
Views: 5632

Re: Hot Water Delay at faucet/shower far from water heater

I have the water heater at one end of the house, and the master bath maybe 2/3 of the way to the other end. When I'm going to take a shower, I turn on the hot water at the sink and brush my teeth. I check the water temp every now and then until it's ready. I know the flow to set to get a good brush...
by Earl Lemongrab
Wed Jan 17, 2018 3:54 pm
Forum: Investing - Theory, News & General
Topic: 401k to IRA roll over question
Replies: 4
Views: 334

Re: 401k to IRA roll over question

Thanks for the responses. I spoke to Trowe price and they said I am allowed to move the 401k money (and the gains) I carried over from my previous employer. So, now I am going to see where I will moved that in to. I have Vanguard account and will most likely move it there in to an IRA account. You ...
by Earl Lemongrab
Wed Jan 17, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Stable Value fund just a Variable Annuity?
Replies: 17
Views: 868

Re: Is a Stable Value fund just a Variable Annuity?

Megacorp's offering is a fairly standard stable-value fund. It consists of synthetic GICs, meaning that they hold a portfolio of bonds of various types and maturities, then purchase insurance wrappers from a pool of financial companies. These wrappers guarantee the principal and rate. It's not any s...
by Earl Lemongrab
Wed Jan 17, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: 401k to IRA roll over question
Replies: 4
Views: 334

Re: 401k to IRA roll over question

Hello, I have few questions on rolling over 401k to IRA. Q1 - I switched my job in 2015 and moved that employee managed 401k in to the new employer. (it was around 72K) Can I roll over that 72K in to an IRA now( in 2018)? My 401k is on TRRDX TRF plan (Trowe Target retirement 2040/Exp ratio - 0.74%_...
by Earl Lemongrab
Wed Jan 17, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: AJ Madison?
Replies: 11
Views: 942

Re: AJ Madison?

We just purchased a new kitchen, 6 mos ago. I did too much research. I ended up with ... www.goedekers.com for all our appliances (researched separately). Their prices were less and I had no problems. They beat competitor deals the others wouldn't. They're a St. Louis outfit, so if you're local you...
by Earl Lemongrab
Wed Jan 17, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 94
Views: 5632

Re: Hot Water Delay at faucet/shower far from water heater

I have the water heater at one end of the house, and the master bath maybe 2/3 of the way to the other end. When I'm going to take a shower, I turn on the hot water at the sink and brush my teeth. I check the water temp every now and then until it's ready. I know the flow to set to get a good brushi...
by Earl Lemongrab
Wed Jan 17, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 771
Views: 130074

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I just opened a new account and left the old nearly empty one. I think I have received three or four bonuses from Edge. Two in taxable and one in Roth for sure. I'd have to check my records to see if there was another. Over what time period ? Did you wait till the bonus was deposited in a prior acc...
by Earl Lemongrab
Wed Jan 17, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 37
Views: 4098

Re: Merrill Edge best choice for higher net worth accounts?

Their marketing gimmicks have put thousands of dollars in my accounts, including precious Roth space. Can you please explain further? Is it through sign up bonuses? How much extra space has it given you and over how may years? Yes, bonuses. It's at least $3000, but I'd have to go over my records to...
by Earl Lemongrab
Tue Jan 16, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 37
Views: 4098

Re: Merrill Edge best choice for higher net worth accounts?

It's a given that any large company that deals with the public will have customers that have a bad experience in one way or another. However, I think anyone who tries to deny that there's been a serious upturn in complaints of late with Vanguard either hasn't been paying attention or willfully wants...
by Earl Lemongrab
Tue Jan 16, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: pay off 401k loan or not?
Replies: 17
Views: 1141

Re: pay off 401k loan or not?

Frisco Kid wrote:
Tue Jan 16, 2018 4:25 pm
If I understand correctly, a 401K loan balance is NOT invested in the market so you would not make any gains on that amount.
That's why it should take the place of part of your fixed-income allocation. The interest you pay goes into the 401(k).
by Earl Lemongrab
Tue Jan 16, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to max out 401k
Replies: 15
Views: 1037

Re: How to max out 401k

Your HR department should automatically stop your contribution at the max. Just be sure you have After tax (spillover election) contributions turned off for when you get to that point. Why? If the plan allows after-tax, then that's potentially a powerful added benefit (Mega Backdoor Roth). It shoul...
by Earl Lemongrab
Tue Jan 16, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: pay off 401k loan or not?
Replies: 17
Views: 1141

Re: pay off 401k loan or not?

There never was a legal requirement that the loan be paid immediately on termination. Just the authorization to do so. Megacorp just changes it to a personal loan. I would just keep it. The interest goes back in your account (I assume you rebalanced to consider this fixed-income) and you already pai...
by Earl Lemongrab
Tue Jan 16, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 37
Views: 4098

Re: Merrill Edge best choice for higher net worth accounts?

Their marketing gimmicks have put thousands of dollars in my accounts, including precious Roth space. Can you please explain further? Is it through sign up bonuses? How much extra space has it given you and over how may years? Yes, bonuses. It's at least $3000, but I'd have to go over my records to...
by Earl Lemongrab
Tue Jan 16, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (December 2017)
Replies: 12
Views: 1103

Re: madsinger monthly report (December 2017)

Here are the returns for these three funds for 2016 and 2017: 2016 2017 Tax Managed small 25.73% 13.05% Small Value Adm 24.78% 11.80% Small Value Inv 24.65% 11.67% I have chosen to keep my charts using the investor class shares to keep them consistent over the years, and to allow them to be "realis...
by Earl Lemongrab
Mon Jan 15, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (December 2017)
Replies: 12
Views: 1103

Re: madsinger monthly report (December 2017)

A word about "Hot Hands". Last year, I sorted the Vanguard "investor class" funds for returns, and the highest returning fund for 2016 was the Small Value Index fund. That is the fund I chose for HH 2017. I had been informed by a couple of people privately, that the fund from the newsletter was a d...
by Earl Lemongrab
Mon Jan 15, 2018 8:06 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (December 2017)
Replies: 12
Views: 1103

Re: madsinger monthly report (December 2017)

A word about "Hot Hands". Last year, I sorted the Vanguard "investor class" funds for returns, and the highest returning fund for 2016 was the Small Value Index fund. That is the fund I chose for HH 2017. I had been informed by a couple of people privately, that the fund from the newsletter was a d...
by Earl Lemongrab
Mon Jan 15, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Executor/Trustee question
Replies: 20
Views: 1043

Re: Executor/Trustee question

Having a few cash accounts go through probate isn't that bad of a thing. You have money to pay debts. Small-estate varies by state, so find out first if that applies. It's much easier.
by Earl Lemongrab
Mon Jan 15, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Retirement Checklist.
Replies: 16
Views: 2577

Re: 2018 Retirement Checklist.

A few sort of random things. 1) At many, but not all, companies your health insurance continues through the last day of the month when you terminate your job. Making the 1st day of the month you last day of work instead of the 31st can save you a months COBRA costs. I had initially considered that,...
by Earl Lemongrab
Mon Jan 15, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3512

Re: Are land line phones still being supported?

jalbert wrote:
Mon Jan 15, 2018 1:51 pm
"Land lines" are usually multiplexed with broadband service these days, so I would not assume they will function during a broad power outage moving forward.
Mine did during the last power outage.
by Earl Lemongrab
Mon Jan 15, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3512

Re: Are land line phones still being supported?

Mine still works as of yesterday. Received a couple of calls that went to the answering machine, whereupon the called hung up.
by Earl Lemongrab
Sun Jan 14, 2018 6:14 pm
Forum: Forum Issues and Administration
Topic: SITE OFFLINE Sunday 12:15 PM Eastern (17:15 UTC) - software upgrade
Replies: 10
Views: 638

Re: SITE OFFLINE Sunday 12:15 PM Eastern (17:15 UTC) - software upgrade

For example, on the forum subpages such as https://www.bogleheads.org/forum/viewforum.php?f=3, topics having a large number of pages of posts could previously be shown with overlap of the number of pages over the topics list. This has been fixed with this release. That's what I noticed, but on my "...
by Earl Lemongrab
Sun Jan 14, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 37
Views: 4098

Re: Merrill Edge best choice for higher net worth accounts?

I won't switch any investment for marketing gimmicks. Their marketing gimmicks have put thousands of dollars in my accounts, including precious Roth space. I don't need or want any loans, HELOC, mortgage, savings accounts, CDs, or new credit cards, don't want Merrill Edge investing help, in any eve...
by Earl Lemongrab
Sun Jan 14, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Roll SGENX to Thrift Savings
Replies: 15
Views: 606

Re: Roll SGENX to Thrift Savings

delamer wrote:
Sun Jan 14, 2018 11:23 am
The load is the Expense Ratio (ER). In the fund documents, it will be expressed as a percentage such as 1.0%.
No, a load is a fee to buy or sell (depends on the fund) that serves in part as a commission to the account manager.
by Earl Lemongrab
Sun Jan 14, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Beginning Investor, Make Change to a Retirement Account?
Replies: 7
Views: 334

Re: Beginning Investor, Make Change to a Retirement Account?

adamsapple19 wrote:
Sun Jan 14, 2018 1:27 pm
PFInterest wrote:
Sun Jan 14, 2018 12:54 pm
your picture didnt post. so not sure your plan!
Ugh. Strange, I can see it on my desktop, tablet, and phone. It's a screenshot of my spreadsheet. In editing, it looks correct using img tags.
Photobucket wants you to pay for that.
by Earl Lemongrab
Sun Jan 14, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 37
Views: 4098

Re: Merrill Edge best choice for higher net worth accounts?

I've thought about it, but BOA doesn't have any branches within 250 miles of Cincinnati. They don't have any branches within Ohio or any neighboring states. That makes the free safe-deposit box worthless but otherwise doesn't matter much. We have BOA locally, but I opened and funded my account onli...
by Earl Lemongrab
Sun Jan 14, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 37
Views: 4098

Re: Merrill Edge best choice for higher net worth accounts?

I'm a big fan of Edge, especially the bonuses. You'd definitely want to see what they can do for that size of transfer. For those saying that the deal might change, so what? Then you move somewhere else you like better. Any custodian can change their policies and fees. If you use ETFs, then there is...
by Earl Lemongrab
Sun Jan 14, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: Why did Vanguard start an Institutional REIT fund?
Replies: 6
Views: 739

Re: Why did Vanguard start an Institutional REIT fund?

The fund hasn't been around long, but if you do a growth comparison at Morningstar starting a bit after inception (there's often some funky business with that) the Institutional has very slightly outperformed the Admiral.
by Earl Lemongrab
Sun Jan 14, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: Understand Expense Ratio
Replies: 14
Views: 745

Re: Understand Expense Ratio

One way to see is to compare two otherwise identical funds with different ERs. That's easy because of the different share classes of Vanguard funds. The link below has a comparison between the Investor and Admiral shares of the 500 fund: Chart It's ten-year, but you can adjust the endpoints how you ...
by Earl Lemongrab
Sun Jan 14, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2097

Re: Do you correct cashier mistakes?

The last time that I was at Walmart and the cashier charged me for extra bottles of soda she made me go over to the customer service desk and wait in line for twenty minutes to get my refund. Just refuse to leave the register until the cashier fixes it. If there's a refusal, demand that the manager...
by Earl Lemongrab
Sun Jan 14, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2745
Views: 877182

Re: What Book Are You Currently Reading? Part VI

I posted a few days ago that I started Provenance by Ann Leckie. I slogged through 70+ percent of it and gave up for now. That far in and I'm not sure what the story is. For me at least, not up to her prior books. I found it to be an easy read. Things are a bit confusing, but that because it's at i...
by Earl Lemongrab
Sun Jan 14, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4338

Re: Almost a pathological fear of debt, to my detriment?

At 55 I was at work FedEx. As I was loading my truck something went in my hip. Missed 6 months Dr. said I had to go back to work. I could not. Here the choice work and be in pain 24hr a day or be done. If I had debt a car loan, house loan I would have been in very bad shape. I could not get SS beca...
by Earl Lemongrab
Sun Jan 14, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Bank offering 0.25% off mortgage interest for asset transfer
Replies: 12
Views: 1078

Re: Bank offering 0.25% off mortgage interest for asset transfer

If the account is taxable, I would be worried about losing cost basis information. That could be costly. It's pretty easy these days to record that. Most brokerages have an "unrealized gain" view, often with download capability. That being said, I've generally had basis info transfer over without p...
by Earl Lemongrab
Sat Jan 13, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Trustee vs POA
Replies: 27
Views: 1414

Re: Executor vs POA

I am now thinking that I could be sued as a trustee just as easily as a POA by a caregiver who is injured helping my brother..... Well, it's easy to sue anyone you want. However, neither a POA or trustee is likely to be held personally liable for anything in those circumstances. Assets in a revocab...
by Earl Lemongrab
Sat Jan 13, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Bank offering 0.25% off mortgage interest for asset transfer
Replies: 12
Views: 1078

Re: Bank offering 0.25% off mortgage interest for asset transfer

I would not move the money for a short period. You would qualify for a cash bonus plus Preferred Rewards. People have reported being able to transfer Admiral shares to Edge. ETFs would always work.
by Earl Lemongrab
Sat Jan 13, 2018 5:50 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 771
Views: 130074

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

[Do they auto-close empty accounts? It says that those who have closed their accounts within the last 90 dyas are not eligible. I assume that also means those with open accounts are not eligible. I had a TradeKing account that got converted at some point. I emptied it out but I didn't make an effor...
by Earl Lemongrab
Sat Jan 13, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 771
Views: 130074

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

When you transfer an account out, does the outgoing brokerage automatically close the account? If so, can you still get your tax statements the following year online or does the broker mail them to you? No, it depends on the custodian. TD Ameritrade does, Fidelity doesn't in my experience. That bei...
by Earl Lemongrab
Sat Jan 13, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4338

Re: Almost a pathological fear of debt, to my detriment?

I've never been bothered by debt, let alone afraid of it. It's a tool, that I have used effectively from time to time. One of my goals ten years ago when I revamped my financial life was to get emotion out of it. Ironically, what I was always afraid of was my money. I was scared of screwing it up an...
by Earl Lemongrab
Fri Jan 12, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: WWYD with 70K? [What Would You Do]
Replies: 1
Views: 315

Re: WWYD with 70K?

Yes, a solo 401(k) might make sense. He can't do any employee contributions but should have some room for employer. There are some odd rules about 403(b) and solo plans, so hopefully those more knowledgeable will comment. For you, you can either contribute to an IRA and just leave it there, or use t...
by Earl Lemongrab
Fri Jan 12, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: tax consequences of converting Vanguard MFs to ETFs
Replies: 13
Views: 685

Re: tax consequences of converting Vanguard MFs to ETFs

One other benefit: you can easily transfer ETFs among brokerages and earn their asset transfer bonuses. :-) Sssh, I didn't want to wake those who will immediately suggest I am being snookered and the brokerage will make all that money back off of me. It's going to be quite a whammy when they come f...
by Earl Lemongrab
Fri Jan 12, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3095

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

I've used most of the popular discount brokerages at one time or another. I have never had any try to push anything on me. Some have contacted me to ask I need to go over my portfolio, and if I had said yes they might have made suggestions. I but didn't and that was always the end of it. Like I've s...
by Earl Lemongrab
Fri Jan 12, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge - Platinum Honors
Replies: 17
Views: 1577

Re: Merrill Edge - Platinum Honors

I have significantly more than necessary for the level. Part of that is from transfer bonuses, but I also just like them as a brokerage.
by Earl Lemongrab
Fri Jan 12, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Pension life insurance, mother's estate
Replies: 2
Views: 262

Re: Pension life insurance, mother's estate

As an active employee participating in the Company A pension plan, you also have pension life insurance coverage of $XXXX. She was a retired employee of A, not an active employee of A, upon her death, correct? Retired is different from active, so she likely isn't owed anything additional based on t...
by Earl Lemongrab
Fri Jan 12, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 290
Views: 25798

Re: Anyone tired of the stock market going up?

thangngo wrote:
Fri Jan 12, 2018 4:11 pm
does anyone have any idea why the stock market is on steroid?
One of my investing principle is that I don't know anything about the market or why it does what it does.
by Earl Lemongrab
Fri Jan 12, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 7891

Re: How much/little money to give kids in will so they continue to work

That “the superiority of some of these things is mythical” means nothing in the context of my family. We make decisions based on our values and our analysis of what will most help and/or motivate our kids. At the end of the day, it's your money and you can do what you want. You could give it only t...