Crypto "currencies" are not currencies, they are property. I have zero invested in "crypto", my crazy money goes into high end cigar "investing". That is property I can touch and on occasion test for proper aging.
Search found 1819 matches
- Wed Nov 01, 2017 10:03 am
- Forum: Investing - Theory, News & General
- Topic: Bitcoin in 3-fund indexed portfolio?
- Replies: 192
- Views: 26996
Re: Bitcoin in 3-fund indexed portfolio?
- Wed Nov 01, 2017 9:00 am
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
What I don't like is the ransomware aspect of the venture capitalists way of doing business. I have until April 2020 to learn the big boys way of keeping records, Excel. I will not be held hostage, it's not happening even if I have to go back to paper and snail mailing checks. That's the way we did it back in the day.
- Wed Nov 01, 2017 8:34 am
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
There is no problem; one must sign into Quicken whenever the venture capitalists demand it.spammagnet wrote: ↑Thu Oct 26, 2017 7:56 pmYou shouldn't have to. I gather from reports that the transition from Intuit to Quicken servers wasn't ideal, but it should save your new Quicken ID. There was a recent update, R15.1. It may fix your sign-in problems.Uncle Pennybags wrote: ↑Thu Oct 26, 2017 7:27 pm... This signing in all of the time is a pain in the butt.
I vote for them to let me run my life as I see fit.TomatoTomahto wrote: ↑Fri Oct 27, 2017 7:20 am
I’d vote for them to retain it. I think anyone doing online operations without a password manager to make it easy to use long and complex passwords is living more dangerously than they realize. Just my 2 cents. YMMV.
- Thu Oct 26, 2017 7:27 pm
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
I've seen Premiere for $35. I wish I stayed with 2014 and did manual entries. This signing in all of the time is a pain in the butt.michaeljc70 wrote: ↑Wed Oct 25, 2017 6:55 pm I guess it is beneficial to buy a 2017 version if I can get a good price. It sounds like I'll be good for 2 1/2 years.
- Wed Oct 25, 2017 6:41 pm
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
April 30, 2020 is the date 2017 will no longer be supported.michaeljc70 wrote: ↑Wed Oct 25, 2017 5:49 pm Is there a specific date 2017 is good until or is based on when you set it up?
https://www.quicken.com/support/quicken ... ion-policy
- Wed Oct 25, 2017 5:43 pm
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
I just got an email offering 10% off;
"Premier for Windows
Maximize your investments
$67.49/yr".
That's three times as much as 2017. I'm glad I bought a 2017, I'm good until 2020.
Quicken proudly proclaims they will not hold your financial life hostage in a ransom ware attack if you don't pay.
"Premier for Windows
Maximize your investments
$67.49/yr".
That's three times as much as 2017. I'm glad I bought a 2017, I'm good until 2020.
Quicken proudly proclaims they will not hold your financial life hostage in a ransom ware attack if you don't pay.
- Wed Oct 25, 2017 5:31 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4653115
Re: U.S. stocks in freefall
The earlier one gets in the market the better, it's not market timing it is time in the market. Buy and hold, don't do something just stand there. Boglehead investing is easy.
- Fri Oct 06, 2017 10:38 pm
- Forum: Personal Finance (Not Investing)
- Topic: Pension Freeze - What did you do?
- Replies: 85
- Views: 14333
Re: Pension Freeze - What did you do?
That depends on what the company match is, what investments are offered and at what expense ratio. There is a vast difference in plans. A good plan invested the Boglehead way is preferable to an annuity, which a defined benefit plan is. The big difference is you get to take the money with you when you die.
The PBGC covers pensions 100% up to $5,906.25 a month at age 66.runner3081 wrote: ↑Fri Oct 06, 2017 8:53 pm It is very possible that if the pension plan continued, the unfunded liability could cause the company to dump it off to the PBGC and you end up with pennies on the dollar, suddenly, without having warning and being able to plan around it.
- Fri Oct 06, 2017 8:22 pm
- Forum: Personal Finance (Not Investing)
- Topic: Pension Freeze - What did you do?
- Replies: 85
- Views: 14333
Re: Pension Freeze - What did you do?
You have a contract and federal law to protect you. No one can take away what you have vested in a pension plan. As for health care or other benefits a company can pull them at anytime if there is no contract.
When my former employer did away with defined benefit plans they increased the company match in the 401k considerably. You will do just fine if you invest the Boglehead way. It's like taking the lump sum.
- Fri Oct 06, 2017 8:09 pm
- Forum: Investing - Theory, News & General
- Topic: VG wants everyone to transfer to a brokerage account?
- Replies: 110
- Views: 16833
Re: VG wants everyone to transfer to a brokerage account?
I was strong armed into converting and don't care for it. It totally messed up my accounting, Quicken can't handle "settlement accounts". My account before conversion was with Vanguard Fiduciary Trust Company, after conversion it is with Vanguard Marketing Corporation. So I went from a fiduciary to a marketer handling my money.Messy_Orchid_51 wrote: ↑Thu Sep 21, 2017 10:00 pm Hmm glad to see others facing the same dilemma.
What is the fundamental difference between the retirement account I have and a brokerage account?
There must be some disparity otherwise no reason for the conversion.
- Fri Oct 06, 2017 7:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: Pension Freeze - What did you do?
- Replies: 85
- Views: 14333
Re: Pension Freeze - What did you do?
I assume you are not a represented employee. They can't take back what you have vested in the defined benefit plan. All companies are doing away with defined benefit plans and switching to defined contribution plans. Depending on the company match and investment choices you can do better investing on your own. Some companies want out of defined benefit plans so much they are buying annuities from insurance companies to take over their pension obligation. They want a know expense going forward.
- Thu Oct 05, 2017 9:56 am
- Forum: Personal Investments
- Topic: 30,000 in Checking Account
- Replies: 136
- Views: 28129
Re: 30,000 in Checking Account
How many things a month do you have to do to get 4% in and FDIC insured account. With three accounts I would guess about 60.tesuzuki2002 wrote: ↑Wed Oct 04, 2017 5:41 pm look for a high interest checking account. I hold 3 so I can keep $35K in cash earning 4%. If you're planning to do the roth just make that investment and get it in there.
- Thu Oct 05, 2017 9:43 am
- Forum: Personal Finance (Not Investing)
- Topic: Equifax customer information leak
- Replies: 711
- Views: 96129
Re: Equifax customer information leak
I just signed up for letter notification with the US Post Office and they used Equifax to ID me so a freeze or lock makes life difficult. The easy and right thing would be to let one pull a complete credit report once a day instead of once a year for free. Problems solved.
- Tue Oct 03, 2017 9:32 am
- Forum: Investing - Theory, News & General
- Topic: What are you up YTD? [Year To Date]
- Replies: 5249
- Views: 900227
- Tue Oct 03, 2017 9:23 am
- Forum: Personal Finance (Not Investing)
- Topic: Equifax customer information leak
- Replies: 711
- Views: 96129
Re: Equifax customer information leak
These private firms can be forced to offer services like a free credit report. The problem is people have to face the consequences alone when they have a stolen ID, it doesn't make headlines and there are no congressional hearings. Of course one could buy "protection" from Equifax. What a racket, the mob has nothing on these "legitimate" businesses.flamesabers wrote: ↑Tue Oct 03, 2017 8:58 am The reason why there isn't a centralized website is because the three credit reporting bureaus are private firms.
- Tue Oct 03, 2017 8:57 am
- Forum: Personal Finance (Not Investing)
- Topic: Equifax customer information leak
- Replies: 711
- Views: 96129
Re: Equifax customer information leak
That is not in the business interests of our politicians. There will be a dog and pony show on the hill today, I'll be watching.
- Sun Oct 01, 2017 12:11 pm
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
The banks don't like customers giving passwords to third parties. What bothers me is I have to sign into Quicken's servers even if I don't do a web-connect download. With all of the hacks going on it's time to tighten up.michaeljc70 wrote: ↑Sun Oct 01, 2017 11:11 am If money get stolen, how would they figure out if it was due to Quicken? I mean, there are breaches at banks and retail locations all the time. Now a breach at a credit bureau. Internal employees steal.
- Sat Sep 30, 2017 10:10 pm
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
Citi made me agree to hold them harmless if I use Quicken download and money gets stolen. With all of these hacks it's time to tighten up.abuss368 wrote: ↑Sat Sep 30, 2017 12:16 pm My question is if one was the victim of a fraudulent attack and was using this feature from within Quicken, would that individual have personal exposure when trying to recover losses from a financial institution? Essentially one is providing account and login information to a third party.
I went to a brokerage account so I could use ETFs, it's easier to buy and sell for tax avoidance. I really don't like it but I can never go back.
- Fri Sep 29, 2017 10:24 am
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
I would not be surprised for Quicken to eventually become a software that is cloud based with an associated monthly fee. This is because most transactions are on mobile phones. Phones don't have the power or storage to run the PC software. Microsoft just announced Office 2019, a stand alone office. This is a reversal as 2016 was supposed to have been the last stand alone edition. Resist the cloud. I use Turbo Tax and it downloads everything form Vanguard. I have to do very little manual entering on a complected return. Have you ever discovered an error in Vanguard Cost Basis reporting information? Quicken (or any other financial software) would provide an additional layer of checks and balances. There is value in that respect. Vanguard swi...
- Fri Sep 29, 2017 9:59 am
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
I use Turbo Tax and it downloads everything form Vanguard. I have to do very little manual entering on a complected return.abuss368 wrote: ↑Fri Sep 29, 2017 9:50 amHi Uncle Pennybags -Uncle Pennybags wrote: ↑Thu Sep 28, 2017 3:22 pm I'm locked out even signing on for 2015 and 2017. Thankfully I only use Quicken like a check book and nothing important.
Imagine if one needed Quicken for Cost Basis reporting at tax time. I am thankful that Vanguard provides this service to Shareholders.
Best.
- Fri Sep 29, 2017 9:50 am
- Forum: Investing - Theory, News & General
- Topic: Vanguard advisor on dividends
- Replies: 71
- Views: 10538
Re: Vanguard advisor on dividends
If it's a taxable account you pay tax every year on the dividends. A few years ago dividends were treated like long term capital gains but now they are treated like ordinary income. I can see where dividends are not as useful as they once were.snarlyjack wrote: ↑Thu Sep 28, 2017 7:44 pm I don't "drip into individual stocks" but I do reinvest my
index dividends. I hope Vanguard keeps really good
track of my account because I plan on never selling.
- Fri Sep 29, 2017 9:03 am
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
I'm locked out even signing on for 2015 and 2017. Thankfully I only use Quicken like a check book and nothing important. I sure wish I could look carefully at your Quicken install and general setup just to find out what the heck is wrong. YB How will that get them to send me a code? I guess I don't understand your problem. All I have even had was the sign-in password and Intuit name and password which is now changed for new ownership. So anyway, you have decided to give up on Quicken. YB Quicken finally sent me a verification code; it's now working as it did before, buggy. There isn't much to give up on. I only use Quicken for check book like accounting, no cloud or bill paying. I have used this for decades and it has gone down hill with e...
- Thu Sep 28, 2017 3:52 pm
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
How will that get them to send me a code?Youngblood wrote: ↑Thu Sep 28, 2017 3:36 pmI sure wish I could look carefully at your Quicken install and general setup just to find out what the heck is wrong.Uncle Pennybags wrote: ↑Thu Sep 28, 2017 3:22 pm I'm locked out even signing on for 2015 and 2017. Thankfully I only use Quicken like a check book and nothing important.
YB
- Thu Sep 28, 2017 3:51 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard advisor on dividends
- Replies: 71
- Views: 10538
Re: Vanguard advisor on dividends
That's how we invested back in the day before index funds and low cost paperless brokers. Make your own index with representative stocks using the dividend reinvestment plan to buy shares.snarlyjack wrote: ↑Sat Sep 16, 2017 4:28 pm Here is another article on Ronald Read (The Janitor Next Door).
It also mentions Jack Bogle & Jeremy Siegel.
Enjoy this article...
https://www.joshuakennon.com/janitor-ro ... t-fortune/
- Thu Sep 28, 2017 3:22 pm
- Forum: Personal Finance (Not Investing)
- Topic: Quicken's future direction - a cause for concern
- Replies: 516
- Views: 99584
Re: Quicken's future direction - a cause for concern
I'm locked out even signing on for 2015 and 2017. Thankfully I only use Quicken like a check book and nothing important.
- Thu Sep 28, 2017 3:18 pm
- Forum: Investing - Theory, News & General
- Topic: Bitcoin in 3-fund indexed portfolio?
- Replies: 192
- Views: 26996
- Thu Sep 28, 2017 2:44 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4653115
Re: U.S. stocks in freefall
From July 2007 it took VTI over five years to hit a new high. That's a lifetime to younger investors.wrongfunds wrote: ↑Thu Sep 28, 2017 12:24 pm Number of replies to this topic should make it very clear that few people get what you just wrote!Since the markets go up most of the time, new highs shouldn't be all that uncommon.
- Wed Sep 13, 2017 3:07 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard advisor on dividends
- Replies: 71
- Views: 10538
Re: Vanguard advisor on dividends
Widows and orphans like dividends, old people too.
Widow-And-Orphan Stock Verizon is down 9% YTD; they still increased the dividend paying over 5%.
I know that is so last century, so am I.
Widow-And-Orphan Stock Verizon is down 9% YTD; they still increased the dividend paying over 5%.
I know that is so last century, so am I.
- Wed Sep 13, 2017 1:03 pm
- Forum: Investing - Theory, News & General
- Topic: Bitcoin in 3-fund indexed portfolio?
- Replies: 192
- Views: 26996
Re: Bitcoin in 3-fund indexed portfolio?
Did you see the shinny new Bitcoin Wiki?Tanelorn wrote: ↑Wed Sep 13, 2017 12:37 pmYou've more than made your point. Since you admittedly don't understand BitCoin, maybe you can stop distracting those who are trying to learn.Uncle Pennybags wrote: ↑Tue Sep 12, 2017 11:14 am The more I read about "coin" the more I realize I will never truly understand them. Never invest in something one does not understand.
https://www.bogleheads.org/wiki/Bitcoin
That's the place to go for answers.
- Wed Sep 13, 2017 12:21 pm
- Forum: Personal Consumer Issues
- Topic: Name something you had to have and now you regret purchasing it?
- Replies: 505
- Views: 80051
- Wed Sep 13, 2017 11:54 am
- Forum: Investing - Theory, News & General
- Topic: "Fear of Finance?" AARP interview with Jack Bogle
- Replies: 38
- Views: 9252
Re: Nice "mistake."
I don't know, he lives in Montclair NJ near Yogi's "fork in the road" so he might be a baseball fan.saltycaper wrote: ↑Mon Sep 11, 2017 1:21 pm oes Mr. Bogle root for the Jets? If we could find that out, we'd really be getting somewhere.
- Wed Sep 13, 2017 11:48 am
- Forum: Investing - Theory, News & General
- Topic: Bitcoin in 3-fund indexed portfolio?
- Replies: 192
- Views: 26996
Re: Bitcoin in 3-fund indexed portfolio?
One must never invest in something one doesn't understand. That goes for the 5% roll the dice money too. It would not be prudent to shoot dice in an ally if one didn't understand the game.kayanco wrote: ↑Wed Sep 13, 2017 11:41 amYea, just recently I'm coming across terms like:Uncle Pennybags wrote: ↑Wed Sep 13, 2017 11:34 amTechnical analysis is useless for predicting the future. I call them as I see them, much like picking the winner of a football game.
Actually the "experts" are pumping a floor of $3000 so that's when many will jump back in.
floor, bottom
finding a floor
finding support
... all beyond me, this vernacular.
- Wed Sep 13, 2017 11:34 am
- Forum: Investing - Theory, News & General
- Topic: Bitcoin in 3-fund indexed portfolio?
- Replies: 192
- Views: 26996
Re: Bitcoin in 3-fund indexed portfolio?
Technical analysis is useless for predicting the future. I call them as I see them, much like picking the winner of a football game.
Actually the "experts" are pumping a floor of $3000 so that's when many will jump back in.
- Wed Sep 13, 2017 11:15 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4653115
Re: U.S. stocks in freefall
When the 5% "correction" comes this will show the ups and downs of the market. It used to pop up after a 2% drop, the 1% drop. Then the drops stopped and we got board.Engineer250 wrote: ↑Wed Sep 13, 2017 10:38 am Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of this thread.
Word on the street is Bogleheads is a boring repetitive forum.
- Wed Sep 13, 2017 11:01 am
- Forum: Investing - Theory, News & General
- Topic: Market timing using Gold-Lumber indicator
- Replies: 24
- Views: 3970
- Wed Sep 13, 2017 10:24 am
- Forum: Personal Consumer Issues
- Topic: Name something you had to have and now you regret purchasing it?
- Replies: 505
- Views: 80051
Re: Name something you had to have and now you regret purchasing it?
Those are illegal in New Jersey.Chuck wrote: ↑Wed Sep 13, 2017 10:18 amWow, I know how hard it is backing up with a trailer, but I can't imagine the difficulty of backing a trailer trailer!AllieTB1323 wrote: ↑Wed Sep 06, 2017 1:38 pm Our trailer trailer. It is now on consignment at a local dealer. Live and learn.
- Wed Sep 13, 2017 10:22 am
- Forum: Investing - Theory, News & General
- Topic: Bitcoin in 3-fund indexed portfolio?
- Replies: 192
- Views: 26996
Re: Bitcoin in 3-fund indexed portfolio?
Let me search that for you.
- Wed Sep 13, 2017 10:18 am
- Forum: Personal Finance (Not Investing)
- Topic: Equifax customer information leak
- Replies: 711
- Views: 96129
- Wed Sep 13, 2017 10:06 am
- Forum: Investing - Theory, News & General
- Topic: Bitcoin in 3-fund indexed portfolio?
- Replies: 192
- Views: 26996
Re: Bitcoin in 3-fund indexed portfolio?
At this time Bitcoin is trading at $3,744, which amounts to a 26% drop from the record high of $5,020 hit on September 2.
Look for a dead cat bounce at $3,000
Look for a dead cat bounce at $3,000
- Wed Sep 13, 2017 8:01 am
- Forum: Investing - Theory, News & General
- Topic: Market timing using Gold-Lumber indicator
- Replies: 24
- Views: 3970
Re: Market timing using Gold-Lumber indicator
Oil used to be the leading indicator. It took the market six months to realize that fracking drove down the price not a lack of demand. This is why a retail investors' only hope is the Boglehead way of investing.
- Wed Sep 13, 2017 7:54 am
- Forum: Investing - Theory, News & General
- Topic: Bitcoin in 3-fund indexed portfolio?
- Replies: 192
- Views: 26996
- Wed Sep 13, 2017 7:46 am
- Forum: Investing - Theory, News & General
- Topic: Wiki article - Bitcoin
- Replies: 37
- Views: 7725
Re: Wiki article - Bitcoin
Legitimate option trading is too risky for the casual investor. Trying to compete with insiders at their game is like a beer league softball player trying to hit a big league chin high fastball. They are going to windup on their butt.
Paris Hilton is pump n' dump a new "coin". "Coin" mania will end soon. Bogleheads having a Wiki shows the end is near.objectivefunction wrote: ↑Wed Sep 13, 2017 5:19 am Though the reference from the SEC is about ICOs, which is a slightly different topic that perhaps deserves some treatment.
- Wed Sep 13, 2017 7:24 am
- Forum: Investing - Theory, News & General
- Topic: Market timing using Gold-Lumber indicator
- Replies: 24
- Views: 3970
- Wed Sep 13, 2017 7:22 am
- Forum: Personal Finance (Not Investing)
- Topic: Equifax customer information leak
- Replies: 711
- Views: 96129
Re: Equifax customer information leak
I use a prepaid cell phone. Who knew I was ahead of the curve. Good luck hackers calling Verizon to port my number.anoop wrote: ↑Wed Sep 13, 2017 1:20 am Once they have all your information from Equifax, they can...
https://mobile.nytimes.com/2017/08/21/b ... rency.html
- Wed Sep 13, 2017 7:05 am
- Forum: Personal Finance (Not Investing)
- Topic: The 10 year car ownership "rule"
- Replies: 95
- Views: 15420
Re: The 10 year car ownership "rule"
I said Mayberry is the exception not the rule.bovineplane wrote: ↑Wed Sep 13, 2017 6:30 amNot sure I agree.Uncle Pennybags wrote: ↑Tue Sep 12, 2017 12:09 pm A police car could never last 10 years but a fire truck has a much longer useful life.
No. I also don't count my snow blower in my net worth.
- Wed Sep 13, 2017 6:57 am
- Forum: Personal Finance (Not Investing)
- Topic: Credit Freeze affects SSA online account
- Replies: 22
- Views: 10245
- Tue Sep 12, 2017 11:44 pm
- Forum: Personal Consumer Issues
- Topic: NHTSA issues new report on self-driving car manufacturer responsibilities
- Replies: 3
- Views: 925
- Tue Sep 12, 2017 11:41 pm
- Forum: Investing - Theory, News & General
- Topic: Market timing using Gold-Lumber indicator
- Replies: 24
- Views: 3970
Re: Market timing using Gold-Lumber indicator
That is a "fake" scholarly paper site. Anyone can submit anything and they will publish it. The "it's" in the title was placed by the web site. Its spelled correctly in the scholarly paper. Shocking fake stuff on the Interweb.
- Tue Sep 12, 2017 11:18 pm
- Forum: Personal Consumer Issues
- Topic: NHTSA issues new report on self-driving car manufacturer responsibilities
- Replies: 3
- Views: 925
Re: NHTSA issues new report on self-driving car manufacturer responsibilities
Sounds political so I will not comment a government department.
- Tue Sep 12, 2017 10:42 pm
- Forum: Personal Finance (Not Investing)
- Topic: Credit Freeze affects SSA online account
- Replies: 22
- Views: 10245
Re: Credit Freeze affects SSA online account
Social Security gave Equifax your SS number in order to check your ID. If governments are using Equifax this explains why no one ever goes to jail.Posted September 8, 2017: Although we sometimes use Equifax to help verify your identity when setting up a my Social Security account, Social Security never shares Social Security numbers with Equifax. For concerns regarding the Equifax data breach, please contact Equifax directly at 866-447-7559 or www.equifaxsecurity2017.com.