Search found 68 matches

by billyo44
Fri Apr 26, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Received money from Wells Fargo.
Replies: 33
Views: 3758

Re: Received money from Wells Fargo.

We have a no-interest checking account there with a minimum balance to use for bill paying, check cashing, and ATM. Stopped by there recently for a medallion signature guarantee. The Banker wanted a copy of my entire brokerage account statement(s) (not with WF) and the requirement that I would open ...
by billyo44
Wed Apr 10, 2019 2:05 pm
Forum: Personal Consumer Issues
Topic: which TurboTax version
Replies: 35
Views: 3200

Re: which TurboTax version

Did not read this thread at the time.. I had stock sales so assumed I needed Premier CD. Edit - I believe the Premier version includes the Step by Step for the Stock activity while the Deluxe version just has the forms, at least that is what I had read which is why I got the Premier. That's not cor...
by billyo44
Wed Apr 10, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: Pickup Truck Bed Cover Recommendations
Replies: 14
Views: 1555

Re: Pickup Truck Bed Cover Recommendations

https://undercoverinfo.com/
I've had a one-piece Undercover for my F-150 for years and would buy another.
by billyo44
Tue Apr 09, 2019 6:24 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2448

Re: Edward Jones CDs

Familiar with the term 'bait and switch'? Once EDJ suckers you into the trap don't come crying to the forum. As mentioned above...Vanguard, Fidelity, or Schwab. A minuscule increase in rates is worth it? Just read how many nightmares have been created by this firm...there are many threads on this fo...
by billyo44
Tue Apr 09, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: Fidelity rep confirms Zero funds are loss leaders (Jane Bryant Quinn)
Replies: 32
Views: 3612

Re: Fidelity rep confirms Zero funds are loss leaders (Jane Bryant Quinn)

Big Picture...capitalism at it's best...competition leading to lower costs for consumers...remember the days when the commissions to trade single securities were 3 figures back in the 80's?...today's inflation adjusted $$$'s would be hundreds for a single trade at a full-service firm (before the Van...
by billyo44
Sun Apr 07, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: Should I regularly replace the water filter in the fridge?
Replies: 50
Views: 4542

Re: Should I regularly replace the water filter in the fridge?

Our water is purified with a reverse osmosis system :happy ...refrigerator filter not used (or necessary).
by billyo44
Thu Mar 07, 2019 11:12 pm
Forum: Personal Consumer Issues
Topic: First “financial” thing you do in the morning
Replies: 80
Views: 6357

Re: First “financial” thing you do in the morning

whodidntante wrote: Thu Mar 07, 2019 9:57 pm I visit my treasure room to check the traps.
Best response I've heard in awhile...LOL!
by billyo44
Thu Mar 07, 2019 10:42 pm
Forum: Investing - Theory, News & General
Topic: Crypto Exchange goes bankrupt after owner dies with only password
Replies: 111
Views: 15908

Re: Crypto Exchange goes bankrupt after owner dies with only password

Warren Buffett on Bitcoin..."it's probably rat poison squared". :oops:
by billyo44
Thu Mar 07, 2019 10:36 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3157
Views: 1970901

Re: The Three-Fund Portfolio

Randtor: Every time I read a post like yours it reminds me of the Schwab commercial in which a client asks his Broker ..."Carl remind me what you invested my money in"...Carl replies "its complicated". On the serious side...congratulations on dumping Ameriprise. 50...really? :sho...
by billyo44
Thu Mar 07, 2019 10:22 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 8978

Re: attacked by off-leash dog

In addition to the advice given above...I would carry pepper spray...but not until you are certain you know how the device works, ensuring you're upwind before you hit the button, etc. Using pepper spray is along the same lines of having a concealed carry permit and in a situation of 'pulling' the w...
by billyo44
Sat Mar 02, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard's march toward paperless
Replies: 4
Views: 1073

Re: Vanguard's march toward paperless

Get notified via email...read it online ..I'm all in...100% e-delivery. The idea of our snail mail going to the neighbors so they can see our monthly\yearly statements and other private documents doesn't appeal to me. Our mail delivery is anything but reliable here :( .
by billyo44
Wed Feb 27, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Who does their own taxes?
Replies: 111
Views: 8607

Re: Who does their own taxes?

This is my 68th year filing taxes and never hiring anyone, including when I had tax shelters which required several other-than-normal schedules. (Tax shelters sold to me by a stock broker for their benefit, not mine..) (That is when I got rid of stockbrokers and went to no-load mutual funds, and la...
by billyo44
Tue Feb 26, 2019 1:08 pm
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 159
Views: 25548

Re: Theory: NOW is the Best Time for Total World Stock

The chart I saw posted several years ago about how 20-25% Intl gives you the lower standard deviation/volatility while sacrificing very little in ROI (over say a 40 year period) is what hooked me on a 20-25% Intl allocation. I'll be this way % wise for equities (between 75/25 80/20) until my time i...
by billyo44
Mon Feb 25, 2019 9:59 pm
Forum: Investing - Theory, News & General
Topic: Whats up w/ Vanguards website?
Replies: 15
Views: 3095

Re: Whats up w/ Vanguards website?

2015 wrote: Mon Feb 25, 2019 8:52 pm One of the great things about simplicity is you spend almost no time accessing financial websites, so you almost never encounter these issues. Even when you do, it's a non-issue because you are not obsessed with having to log in right now.
Well said. 8-)
by billyo44
Sat Feb 23, 2019 11:18 am
Forum: Personal Investments
Topic: Edward J rep is not answering my Questions
Replies: 63
Views: 9959

Re: Edward J rep is not answering my Questions

Did you ask them if the 'reinvested' dividends are subject to 'sales charges'...this is a much overlooked item..just another hand of theirs in their clients pockets. :confused
by billyo44
Sat Feb 23, 2019 10:36 am
Forum: Personal Investments
Topic: Is anything "cheap" right now?
Replies: 49
Views: 5339

Re: Is anything "cheap" right now?

PG&E, Heinz, Conagra...you name it...all cheap. Buy them and most likely watch get them get "cheaper".

"Own an Index Fund, get a life outside of finance, and relax"

John C. Bogle
by billyo44
Sat Feb 23, 2019 10:32 am
Forum: Personal Investments
Topic: I'm essentially market timing, but can't bring myself to stop.
Replies: 71
Views: 7306

Re: I'm essentially market timing, but can't bring myself to stop.

"Housing: roughly 750k total value, one rental/ one home, with 440k debt"?

I'm 'Old-School'...and obviously out of touch with the younger generation's way of thinking...but in my simple mind it's a no-brainer...pay down the debt first...then deal with the rest.
by billyo44
Tue Feb 19, 2019 11:42 am
Forum: Personal Investments
Topic: Customer Service with Vanguard
Replies: 350
Views: 29505

Re: Vanguard Customer Service is Horrible

We must be fortunate...always received 'top-notch' service @ Vanguard for many years...but always verify just in case there is a glitch.

Thank you Jack Bogle...R.I.P. :!:
by billyo44
Tue Feb 19, 2019 11:30 am
Forum: Personal Investments
Topic: Moved 401K to Vanguard, Bond Selections?
Replies: 4
Views: 266

Re: Moved 401K to Vanguard, Bond Selections?

This is the best advice on bonds (and their allocation) that I have found...from Taylor Larimore: "I don't think it matters much whether we hold cash or a good-quality, low-cost, intermediate- or short-term bond fund. If very safe cash (including CDs) are chosen, we can increase our allocation ...
by billyo44
Tue Feb 19, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: Check Cost Basis on Total World Stock Adm shrs conversion
Replies: 2
Views: 367

Re: Check Cost Basis on Total World Stock Adm shrs conversion

Thanks for posting...regardless of the firm you're dealing with...trust but verify...my lack of research and verification has cost me $$$ in past dealings with home improvement, TLH of securities, medical payments, etc. :oops:
by billyo44
Tue Feb 19, 2019 11:08 am
Forum: Personal Consumer Issues
Topic: Darn Tough Socks....Boxers???
Replies: 18
Views: 2664

Re: Darn Tough Socks....Boxers???

Duluth Trading Bull Pen Underwear...they have a semi-compression feeling...and fit a little tight for their listed size...but I like them.

Darn tough pants..try Duluth Trading Foreman Firehose pants...get a pair!

8-)
by billyo44
Mon Feb 11, 2019 11:36 pm
Forum: Investing - Theory, News & General
Topic: What Is Your Favorite Bogle Quote?
Replies: 48
Views: 3374

Re: What Is Your Favorite Bogle Quote?

"Own an index fund, get a life outside of finance, and relax".
by billyo44
Sun Jan 27, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 99
Views: 13998

Re: Where do you keep your emergency fund?

The best answer I have read on this subject was given by Taylor Larimore: "I don't think it matters much whether we hold cash or a good-quality, low-cost, intermediate- or short-term bond fund. If very safe cash (including CDs) are chosen, we can increase our allocation to stocks for the same e...
by billyo44
Thu Jan 10, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 242
Views: 15579

Re: Disciplined with finances, but not so with diet

https://www.drfuhrman.com
Buy his book "Eat to Live".
I can attest this is the way to go...fads/diets just don't work 'long-term'...Lifestyle changes do.
by billyo44
Sun Jan 06, 2019 12:35 am
Forum: Personal Consumer Issues
Topic: Vanguard Statements - Print or Electronic
Replies: 70
Views: 5648

Re: Vanguard Statements - Print or Electronic

eDelivery for everything possible...especially anything dealing with financial/tax statements. U.S. Postal delivery is anything but reliable in my neighborhood. I've found my neighbor's financial statements in my mail before...not cool. I keep a printed copy of the year-end statements with my yearly...
by billyo44
Sat Jan 05, 2019 12:43 am
Forum: Personal Consumer Issues
Topic: Recommend men's undershirts
Replies: 49
Views: 4324

Re: Recommend men's undershirts

Dickies...they are longer in length...most other brands are too short to remain tucked in.
:wink:
by billyo44
Fri Jan 04, 2019 9:30 pm
Forum: US Chapters
Topic: Why I became a Boglehead
Replies: 22
Views: 3797

Re: Why I became a Boglehead

Didn't want to spend so much time with all the research, hand wringing, and stress of buying/selling individual securities...it's an unnecessary distraction. Made a bundle during the beginning of the bull market in '82 for quite a few years but much tougher in this extremely efficient market. For me...
by billyo44
Thu Jan 03, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: investing Uncomfortably
Replies: 88
Views: 8798

Re: Larry Swedroe: investing Uncomfortably

https://www.etf.com/sections/features-and-news/swedroe-investing-uncomfortably Active management, hedge funds, market timing are not a winning formula. Passively and doggedly spreading one’s bets across the factors that have been shown to provide returns over time can be a winning formula. Conventi...
by billyo44
Mon Dec 31, 2018 11:23 pm
Forum: Personal Consumer Issues
Topic: Happy New Year Do you have plans?
Replies: 37
Views: 2110

Re: Happy New Year Do you have plans?

Snowed in @ Show Low, AZ (enroute to the San Tan Valley) :oops: ...roads closed in all directions...good thing we are Bogleheads and saved our $$$...could be here awhile!
by billyo44
Sun Dec 23, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: Which book? [for a new investor]
Replies: 21
Views: 3051

Re: Which book? [for a new investor]

The Bogleheads' Guide to Investing & The Bogleheads' Guide to the Three Fund Portfolio....both by Taylor Larimore.
:wink: I've read many books on personal finance/investing...these two books are at the pinnacle of practical investing education.
by billyo44
Fri Dec 07, 2018 7:47 pm
Forum: Personal Investments
Topic: I’m getting frustrated FTIHX
Replies: 21
Views: 4523

Re: I’m getting frustrated FTIHX

I love these posts concerning how awful International Indexes are doing...remembering pre-2017 performance and negative comments associated with it made me glad I was tilting my stock allocation to Int at that time. Having TLH'd some 2018 losses in Int...waiting for the wash sale window to close to ...
by billyo44
Wed Nov 21, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 60
Views: 6323

Re: What financial advice have you been most grateful for?

<t>My first introduction to index funds many years ago when my Vanguard Rep stated..."why would you want to risk your savings on these individual stocks"? (vs. Vanguard Index Funds).<br/> <br/> Four concepts from Jack & Taylor's books:<br/> 1) Index funds vs. individual equities.<br/> ...
by billyo44
Thu Nov 15, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 238
Views: 37698

Re: [Financial] Habits of the Rich

“Marry the right person. This one decision will determine 90% of your happiness or misery.”

― H. Jackson Brown Jr. :thumbsup
by billyo44
Fri Nov 02, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 238
Views: 48726

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Gave it 5 stars and commented that I would give it 6 stars if the selection was available. This book is the 'home run' of investing simplicity. Thank you Taylor for this great read. :thumbsup
by billyo44
Fri Nov 02, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Weight Training After 70
Replies: 33
Views: 2672

Re: Weight Training After 70

Investigate Classical Stretch ! Miranda Esmonde White is on many PBS channels & she has a website with DVDs for sale but there are free routines on youtube. Website has tips about where beginners should start. Check with your doctor first, go slowly at first, go at your own pace. As someone els...
by billyo44
Thu Oct 25, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Why I'm 100% stocks
Replies: 149
Views: 22589

Re: Why I'm 100% stocks

Bonds are a form of safety net and you will be jumping into retirement with a sweet one. Estimate the present value of your pension and consider it your bond allocation. Adding the PV of your pension (assuming it is 'safe/stable/predictable') to your overall asset allocation is something I had not ...
by billyo44
Wed Oct 10, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 82
Views: 9120

Re: Black Friday is coming.. what's on your list?

Watching the Hawkeyes beat the Huskers...but still hoping for an upset (as I do every Saturday). But anything is better than fighting the shopping crowds regardless of any potential bargains.
by billyo44
Wed Oct 10, 2018 5:31 pm
Forum: Personal Investments
Topic: Vanguard not answering their telephone
Replies: 11
Views: 1615

Re: Vanguard not answering their telephone

High volumes account the market tumble would be my guess...I had a delay getting logged in online as well... this too will pass.
by billyo44
Tue Feb 13, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Attention Sqawk Box viewers
Replies: 16
Views: 2243

Re: Attention Sqawk Box viewers

Constantly trying to wean myself from this noise. I love it when one of the commentators states " we are watching this market very closely". Think about it...how silly is this stuff?
by billyo44
Tue Feb 13, 2018 10:22 am
Forum: Personal Investments
Topic: Vanguard TIPS
Replies: 10
Views: 3466

Re: Vanguard TIPS

My understanding is that TIPS protect against unexpected inflation as measured by the Consumer Price Index. Personally, I believe that the stated rates aren't even close to the actual inflation percentages that most consumers experience. This is the reason I sold all TIPS and put the money in VBTLX....
by billyo44
Tue Feb 06, 2018 7:51 pm
Forum: Personal Investments
Topic: How to ditch Ameriprise
Replies: 15
Views: 2163

Re: How to ditch Ameriprise

Is this a great Forum or what? Salmonid joins today and receives great advice (without cost) from knowledgeable Bogleheads that have had similar experiences. Salmonid...good luck...you're on the right track. In my former life (non-Boglehead) I had my assets tied up with a high-cost firm...the transf...
by billyo44
Fri Feb 02, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 27584

Re: Bitcoin in Freefall

The Dutch Tulip Mania of 1634-1637, The South Sea Bubble (1716-1720), The Mississippi Bubble (1716-1720), The British "Railway Mania" Bubble, The Florida Real Estate collapse of the 1920s, Great Bear Market 1929 -1935, Kuwait’s Souk al-Manakh Stock Crash, Black Monday '87, Japan’s Bubble E...
by billyo44
Thu Feb 01, 2018 2:29 pm
Forum: Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 9892

Re: I have an overwhelming gift I'm in need of help of please.

I agree with Taylor's advice...in addition you might want to review your current insurance coverages..including personal liability.
by billyo44
Wed Jan 31, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Alan Greenspan says there are bubbles in both stocks and bonds
Replies: 90
Views: 10432

Re: Alan Greenspan says there are bubbles in both stocks and bonds

Vanguard Short-Term Tax-Exempt Fund Class Admiral (VWSUX) & Money Market in taxable, Total Bond (VBTLX) in tax-deferred. There's no shortage of Soothsayers making predictions. I personally have never liked bonds/cash as part of the portfolio but they do serve a necessary purpose...never popular ...
by billyo44
Sat Jan 27, 2018 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 9112

Re: Who taught you about financial responsibility?

Primarily self-taught...when most of my classmates were partying/attending Nebraska football games back in the day before and after the great bull market began in '82 I was the guy in the library studying Value Line and any/all financial publications, company balance sheets, etc. Black Monday ('87),...
by billyo44
Sun Jan 14, 2018 4:04 pm
Forum: Personal Investments
Topic: Investing 150K in the current market
Replies: 4
Views: 1042

Re: Investing 150K in the current market

My two cents: Based on your information I would agree with the posts above but would add this: Bogleheads don't try to time the market but common sense tells me that neither the stock or bond markets are cheap. Schillers P/E ratio & Investors Intelligence numbers are historically high, interest ...
by billyo44
Fri Jan 05, 2018 9:05 pm
Forum: Personal Investments
Topic: Re-balance to bond and/or cash?
Replies: 14
Views: 1602

Re: Re-balance to bond and/or cash?

In this rising interest rate environment I tend to think of Money Market Funds as 'ultra-short bond funds' as they have weighted average maturities between 50 - 100 days. Nobody knows the direction of interest rates regardless of what the Fed predicts but if you're concerned about bond capital losse...
by billyo44
Tue Feb 28, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Fraud
Replies: 10
Views: 1546

Re: Credit Card Fraud

I would like to thank those who have posted on this discussion today...all good insight and suggestions...the 'Tolerance' practice is something I didn't know about...and if a charge if 'finalized' incorrectly I will dispute the charge and give out bad reviews on Yelp/Trip Advisor as a last resort......
by billyo44
Tue Feb 28, 2017 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Fraud
Replies: 10
Views: 1546

Credit Card Fraud

We have been getting extra charges on our Mastercard...would like some feedback from others that may be experiencing these types of issues: 1) Stayed at a privately owned Hotel...was charged twice for the room + an additional $50 each night. Solution: I disputed the duplicate charge with Mastercard ...