Search found 1592 matches

by dwickenh
Sun Apr 21, 2019 7:07 am
Forum: Personal Consumer Issues
Topic: What are your 5 favorite tools (hand, power, other)
Replies: 33
Views: 1918

Re: What are your 5 favorite tools (hand, power, other)

1. Hoe

2. Shovel

3. Post hole digger

4. tape measure
by dwickenh
Sun Apr 21, 2019 7:04 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 40
Views: 3741

Re: Re-Examining an assumption: 45% bonds in retirement?

If the change in bond % is for safety as you near the end of your earning years, what does yield have to do with it? I would increase my amount of monthly savings if the bond yield jepardized my retirement timeline. I am retired and have a 50% bond allocation. The amount of yield is not the reason f...
by dwickenh
Sat Apr 20, 2019 4:45 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 96
Views: 8366

Re: Thinking about selling stocks near all time highs

Toons wrote:
Fri Apr 19, 2019 12:44 pm
I recall considering selling Mcdonalds,
When the Dow crossed 7k.
Decided to hold
:happy
Good plan!!

:sharebeer
by dwickenh
Thu Apr 18, 2019 8:50 am
Forum: Personal Consumer Issues
Topic: Bogleheads privacy warning
Replies: 61
Views: 5264

Re: Bogleheads privacy warning

livesoft wrote:
Wed Apr 17, 2019 8:06 pm
I think I'm good since at home we have no gold, no cash, no jewelry, no guns, no drugs, and not much of anything of value.
+1 I don't keep anything at home that I couldn't live without!!

25K would buy all of my contents due to simple living.
by dwickenh
Wed Apr 17, 2019 8:29 am
Forum: Personal Investments
Topic: Updating Outside Investments on Web Site
Replies: 13
Views: 597

Re: Updating Outside Investments on Web Site

I have used the "other investments" area in vanguard but found it to be lacking. I keep the entire portfolio in Morningstar and have quicken as well.
by dwickenh
Sun Apr 14, 2019 7:13 am
Forum: Personal Investments
Topic: Living Trust, how did you structure distributions.
Replies: 15
Views: 1230

Re: Living Trust, how did you structure distributions.

My family's trust used a 5 year payout for all of the assets. The first(20%) was 90 days after the death of my father. There was a 1 year(anniversary of death) ditribution, 2 years, 3 years, skipped 4 years, and the final distribution is this year. My father set it up this way due to one of the 5 si...
by dwickenh
Thu Apr 11, 2019 6:02 pm
Forum: Personal Investments
Topic: Pro's and Con's to using one investment account!
Replies: 16
Views: 1821

Re: Pro's and Con's to using one investment account!

The biggest issue with one company holding all accounts is that if they are "hacked" or have other operational difficulties you are stuck till it gets sorted out. Some might decide to divide things up IRAs at one place and taxable account elsewhere. But ideally you would have taxable accounts (with...
by dwickenh
Thu Apr 11, 2019 5:53 pm
Forum: Personal Investments
Topic: Feedback on specific retirement strategy
Replies: 11
Views: 1040

Re: Feedback on specific retirement strategy

I think your plan is sound, but wonder if it wouldn't make more sense to just spend down the 401K/IRA money to get to 70 instead of the Roth conversions. I try to be protective of my taxable account(including tax loss harvesting) and my Roth account for heirs. If you are wondering if you have enough...
by dwickenh
Thu Apr 11, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Home Owners Insurance - 40 percent increase
Replies: 9
Views: 1071

Re: Home Owners Insurance - 40 percent increase

Homesite increased my HO policy premium by nearly 50% for no reason. I switched to esurance (online arm of Allstate) and saved $450+. And got higher coverage to boot. +1 on esurance, went to them 2 years ago. They did attempt to raise my Home owners by 8%, but I adjusted coverage to compensate for ...
by dwickenh
Tue Apr 09, 2019 4:00 pm
Forum: Personal Consumer Issues
Topic: Car Repairs - Make Insurance Claim or Self-Pay?
Replies: 22
Views: 1310

Re: Car Repairs - Make Insurance Claim or Self-Pay?

Having written collision estimates for over 40 years, I can attest to the differences in estimates written for an insurance company and those written for a "pocket pay" customer. If you really want to get the minimum amount needed to get the vehicle back on the road, ask for the areas of damage to ...
by dwickenh
Tue Apr 09, 2019 8:06 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 737
Views: 64197

Re: That's enough for me in 2019

A CAPE of 25 was extreme. And yet it was a great time to buy. How can CAPE proponents wrap their head around this, and continue to proclaim that CAPE is a good prediction tool? I know you believe: Nothing that special about 2009-2019. There have been 10-year periods like it in the past. But it real...
by dwickenh
Tue Apr 09, 2019 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Social Security survivor benefit
Replies: 9
Views: 1210

Re: Social Security survivor benefit

From the SSA.Gov website. "Widows and widowers can receive: reduced benefits as early as age 60 or full benefits at full retirement age or older. If widows or widowers qualify for retirement benefits on their own record, they can switch to their own retirement benefit as early as age 62. benefits as...
by dwickenh
Tue Apr 09, 2019 7:50 am
Forum: Investing - Theory, News & General
Topic: Thoughts on this Forbes article? "Why Most Index Funds And ETFs Are Not Good Investments"
Replies: 65
Views: 9767

Re: Thoughts on this Forbes article? "Why Most Index Funds And ETFs Are Not Good Investments"

TLDR:. Index funds only get average returns and capture 100% of every market downturn. People say they don't want "average returns" because they don't want to be "average". But here's the thing. Most active fund managers underperform the market. Only 20% of active managers beat the index in any giv...
by dwickenh
Tue Apr 09, 2019 7:10 am
Forum: Personal Consumer Issues
Topic: Car Repairs - Make Insurance Claim or Self-Pay?
Replies: 22
Views: 1310

Re: Car Repairs - Make Insurance Claim or Self-Pay?

Having written collision estimates for over 40 years, I can attest to the differences in estimates written for an insurance company and those written for a "pocket pay" customer. If you really want to get the minimum amount needed to get the vehicle back on the road, ask for the areas of damage to b...
by dwickenh
Mon Apr 08, 2019 7:01 am
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 128
Views: 13957

Re: New 2019 RAV4 is now out - looks good

I'll be looking to dump my new CRV and I'll be looking hard at the RAV4 when it goes on sale. Just like that? You make people who buy an used luxury cars every 7 years look frugal. +1 You should read his thread on his CRV. Then you might understand why he's looking for a new car. I'd be doing the s...
by dwickenh
Sun Apr 07, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 128
Views: 13957

Re: New 2019 RAV4 is now out - looks good

H-Town wrote:
Wed Mar 28, 2018 11:19 am
CULater wrote:
Wed Mar 28, 2018 9:58 am
I'll be looking to dump my new CRV and I'll be looking hard at the RAV4 when it goes on sale.
Just like that? You make people who buy an used luxury cars every 7 years look frugal.
+1
by dwickenh
Tue Mar 26, 2019 9:07 am
Forum: Personal Investments
Topic: Time to purchase some bonds to fix my AA is it just BND or should I add some shorter term stuff?
Replies: 2
Views: 277

Re: Time to purchase some bonds to fix my AA is it just BND or should I add some shorter term stuff?

I keep some shorter term bonds because I am drawing from the bond side in retirement. The rest is in Total Bond and Intermediate bond index.
While in accumulation, one total bond fund (BND) would be my preference.
by dwickenh
Mon Mar 25, 2019 2:03 pm
Forum: Personal Investments
Topic: Roth IRA Vanguard
Replies: 8
Views: 1007

Re: Roth IRA Vanguard

One fund solution, in your case, would be Vanguard LifeStrategy Growth. It maintains an 80/20 allocation for you, at the cost of slightly higher expenses. It's what I like for people who don't want to tinker and just contribute and forget about it. If you want to do the three fund method for yourse...
by dwickenh
Mon Mar 25, 2019 6:58 am
Forum: Personal Consumer Issues
Topic: Extensive Car Damage from Road Debris
Replies: 3
Views: 724

Re: Extensive Car Damage from Road Debris

Experience here as claims adjuster. Most companies will handle this as collision if the road debris is stationary and struck by your vehicle. If the debris has become air born due to other causes, it will be handled as comprehensive coverage. The advantage is that a comp claim is not a chargeable cl...
by dwickenh
Mon Mar 25, 2019 6:47 am
Forum: Personal Investments
Topic: Roth IRA Vanguard
Replies: 8
Views: 1007

Re: Roth IRA Vanguard

One fund solution, in your case, would be Vanguard LifeStrategy Growth. It maintains an 80/20 allocation for you, at the cost of slightly higher expenses. It's what I like for people who don't want to tinker and just contribute and forget about it. If you want to do the three fund method for yourse...
by dwickenh
Sun Mar 24, 2019 8:02 am
Forum: Investing - Theory, News & General
Topic: Stepped up cost basis question
Replies: 2
Views: 192

Re: Stepped up cost basis question

Yes, there is a step up basis with a formula like this "(Date-of-death fair market value + Old basis) / 2 = New Basis"

This is for a spouse only joint ownership in a taxable account.

link for Michigan specific info.

https://www.legalconsumer.com/inheritan ... D=34&ST=MI
by dwickenh
Sun Mar 24, 2019 7:50 am
Forum: Personal Investments
Topic: investment grade corporate bond funds fall in downturn?
Replies: 17
Views: 1541

Re: investment grade corporate bond funds fall in downturn?

What bonds to own varies depending upon your objective and risk tolerance. If you want to minimize the risk of losses, even for a short period, then an intermediate treasury fund is probably best. However, over a longer period, say 5 or 10 years, the treasury fund will likely under perform versus a...
by dwickenh
Sat Mar 23, 2019 8:22 am
Forum: Investing - Theory, News & General
Topic: Dividends vs Total Return
Replies: 52
Views: 3756

Re: Dividends vs Total Return

Taxation and risk come to mind. The 6% yield is controlling your taxable income instead of you.

The risk involved with a 6% yield may be unattractive to many investors.
by dwickenh
Wed Mar 20, 2019 6:22 pm
Forum: Investing - Theory, News & General
Topic: My Advisor brings Alpha
Replies: 1
Views: 656

My Advisor brings Alpha

Found this nice article on SPIVA results through 2018. If you feel your Advisor brings something to the plate concerning choosing Mutual Funds, this might show you how lucky he really is. https://www.ifa.com/articles/despite_brief_reprieve_2018_spiva_report_reveals_active_funds_fail_dent_indexing_le...
by dwickenh
Wed Mar 20, 2019 7:55 am
Forum: Personal Investments
Topic: Portfolio Review
Replies: 4
Views: 367

Re: Portfolio Review

I agree with lakpr on this one!! Make the transition to a low cost provider (Vanguard, Fidelity, Schwab) and buy a market portfolio with a 3 fund of Total US, Total Foreign, and Total Bond. You are young and the savings over your investing life will be huge. Stay with us and read as much of the WIKI...
by dwickenh
Wed Mar 20, 2019 7:47 am
Forum: Personal Consumer Issues
Topic: AC went kaput, Sketchy quotes. Time to think Geothermal?
Replies: 19
Views: 2207

Re: AC went kaput, Sketchy quotes. Time to think Geothermal?

If you live in a milder climate, you can probably do quite well with a conventional air exchange heat pump. I would investigate that route. The new high efficiency units (Trane, Carrier and Bosch have 20 SEER) can operate efficiently at fairly low temperatures. You may also want to look into mini-s...
by dwickenh
Sat Mar 16, 2019 1:29 pm
Forum: Personal Investments
Topic: Should I borrow from my emergency fund to max out my ROTH IRA
Replies: 22
Views: 896

Re: Should I borrow from my emergency fund to max out my ROTH IRA

The nice thing about a Roth is that you can always take out contributions penalty free. The only caveat is that you must have had a Roth account opened for 5 years. I have been using my Roth as a rainy day fund and to help fund college for the past 20 years. So in my opinion I would max the Roth ou...
by dwickenh
Thu Mar 14, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 6232

Re: How many companies have you worked for?

3 jobs

1st-- 8 years
2nd- 18 years- partial owner
3rd --15 years

It took me a while to figure out each job and excel enough to move on to the next.
I never stayed at a job I didn't enjoy. Life is too short.

Dan
by dwickenh
Thu Mar 14, 2019 7:05 am
Forum: Personal Investments
Topic: Should I go all in with Vanguard or "diversify" with Fidelity?
Replies: 37
Views: 4024

Re: Should I go all in with Vanguard or "diversify" with Fidelity?

ruralavalon wrote:
Mon Mar 11, 2019 9:24 am
All of our investments are Vanguard funds, in accounts with Vanguard.

We have all banking functions (credit card, debit card, and joint checking account) with a bank branch near our home.
+1, I agree.
by dwickenh
Thu Mar 14, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4835

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

muffin wrote:
Thu Mar 14, 2019 6:15 am
My husband just passed away in a nursing home in CT. We didn't qualify for Medicaid and had to private pay. The charge was $541 a day and the total amount paid was almost $70,000
Sorry for your loss, and thanks for sharing the costs involved as it may help with decisions on LTC.

Dan
by dwickenh
Thu Mar 14, 2019 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4835

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

FBN2014 wrote:
Thu Mar 14, 2019 4:15 am
This is why I would never buy a traditional LTC policy. Much better to use a hybrid policy.
I don't think they were available in 1986.
by dwickenh
Sat Mar 09, 2019 4:40 pm
Forum: Personal Investments
Topic: From Dunderhead to Boglehead
Replies: 15
Views: 1848

Re: From Dunderhead to Boglehead

This is a great story and it goes to show people that if you read a couple good books and invest about 40 additional hours of time to self educate yourself, you can manage your own investments. An assets under management fee of 1% on a million dollar portfolio will cost you $10,000 every year. That...
by dwickenh
Sat Mar 09, 2019 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much Auto/home liability insurance do I really need?
Replies: 18
Views: 1438

Re: How much Auto/home liability insurance do I really need?

I've always carried the highest deductibles on home and auto. I"ve always dropped collision and comprehensive when the car was 6 years old. Never signed up for uninsured coverage unless it was required by law. I figured my own medical insurance would cover me for injury and I wasn't interested in s...
by dwickenh
Thu Mar 07, 2019 5:58 pm
Forum: Personal Investments
Topic: Bond Choices
Replies: 8
Views: 848

Re: Bond Choices

The High Yield could be translated as a Junk Bond fund. That is not a good fit for the ballast you may be seeking. I would probably go with the JP Morgan fund as it is high quality and will react in a positive way to fall in equities most times. If you shop by highest return, you will also take the ...
by dwickenh
Thu Mar 07, 2019 10:42 am
Forum: US Chapters
Topic: St Louis Bogleheads
Replies: 121
Views: 19125

Re: St Louis Bogleheads

This post was copied from another post concerning an upcoming discussion on Larry Swedroe's new book. I have read the book and found it very helpful from a retiree's perspective. It also has great information for those prior to retirement. For anyone interested in the St. Louis, Mo. area - Larry wil...
by dwickenh
Thu Mar 07, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Is my current domestic/international allocation reasonable?
Replies: 2
Views: 255

Re: Is my current domestic/international allocation reasonable?

It is reasonable. It is not "market". You are tilting to International and quite heavily to Emerging. It might work, it might not. Wait 10, 20, 30 years and look back. The last I saw, US is ~54% of the market. Vanguard recommends 40% International. It is reasonable if you can stick with it through ...
by dwickenh
Thu Feb 28, 2019 8:41 pm
Forum: Personal Investments
Topic: Another Edward Jones defector
Replies: 51
Views: 7688

Re: Another Edward Jones defector

Thanks for the thoughtful post DonS!!

We are all glad you have decided to take control of your future expenses.

Best wishes for your retirement,

Dan
by dwickenh
Thu Feb 28, 2019 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Who does their own taxes?
Replies: 111
Views: 7404

Re: Who does their own taxes?

I do my own taxes, and the taxes of hundreds of "seasoned" taxpayers through VITA/AARP. It is a great way to volunteer and help many low and middle income people. I am always humbled by the appreciation these people show for the tax preparation service. Dan p.s. You do not have to be a senior citize...
by dwickenh
Thu Feb 28, 2019 8:30 pm
Forum: Forum Issues and Administration
Topic: Keep Bogleheads Free! (as in unaffiliated)
Replies: 52
Views: 5156

Re: Keep Bogleheads Free! (as in unaffiliated)

So there is no confusion, I started this conversation as an open discussion about the future of the Bogleheads, which includes a discussion about Vanguard, to which I am giving my opinion that there should be no affiliation between the Bogleheads and Vanguard. Rick Ferri I thought your original pos...
by dwickenh
Tue Feb 26, 2019 9:59 pm
Forum: Personal Investments
Topic: Moving from Fidelity to Edward Jones
Replies: 26
Views: 3114

Re: Moving from Fidelity to Edward Jones

Slick Eddie is gonna miss you(and your monies). Good decision to move to a low cost provider. Just don't forget why you moved there when or if they attempt to up sell you on some managed funds.
by dwickenh
Mon Feb 25, 2019 11:20 pm
Forum: Personal Consumer Issues
Topic: How often do you and your friends change engine oil?
Replies: 167
Views: 7969

Re: How often do you and your friends change engine oil?

10-12000 on my 2016 CRV(without the turbo engine dilution problem). I change it when the % gets to 15% like my manual states.
by dwickenh
Thu Feb 14, 2019 4:50 pm
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 63
Views: 7711

Re: Girlfriend's Financial Advisor Recommendations...

Finra has a nice calculator that shows how fund expenses add up over
time. You might take this approach to show her what these funds are costing
her over the long haul.

https://tools.finra.org/fund_analyzer/
by dwickenh
Tue Feb 12, 2019 9:45 pm
Forum: Personal Investments
Topic: Wellington & Wellesley Funds
Replies: 20
Views: 3508

Re: Wellington & Wellesley Funds

Having 5%(100,000) of your portfolio in cash seems completely logical to me. Wellington and Wellesley are low cost active funds with successful management. 20% in these funds is within a reasonable percentage for low cost balanced funds. You likely sleep well at night with the cash cushion and the c...
by dwickenh
Sat Feb 09, 2019 8:24 pm
Forum: Personal Consumer Issues
Topic: Would you eat lab grown meat?
Replies: 64
Views: 1633

Re: Would you eat lab grown meat?

I have eaten much worse, ketchup or whip cream helps a lot of things taste fine :D
by dwickenh
Thu Feb 07, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: Seller is an expert, but may be lowballing themself, advice? (Audio added)
Replies: 46
Views: 4171

Re: Seller is an expert, but may be lowballing themself, advice?

Sounds like he did what he needed to do to get the bow into your hands. I would be grateful and excited that you received a "gift" of low pricing from someone that wants you to do well. I could be way off base, but that is the impression I get from your story.
by dwickenh
Wed Feb 06, 2019 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Standard Deduction Filing In Georgia (GA)
Replies: 8
Views: 435

Re: Standard Deduction Filing In Georgia (GA)

Thank you guys very much. From my research, that's what I was seeing as well. Just wanted to confirm. I was also able to confirm this with a CPA in Athens, GA as well. This is a tough one to swallow. My wife and I work for a county school system in GA and we have two small children (2 & 3 years old...
by dwickenh
Wed Feb 06, 2019 8:39 am
Forum: Personal Investments
Topic: Inherited ROTH IRA, Taxes, & 5 year rule
Replies: 11
Views: 567

Re: Inherited ROTH IRA, Taxes, & 5 year rule

Someone here posted this chart in a thread and I found it very useful. Maybe it will help you. Roth IRA Distribution Table UNDER AGE 59.5 FIVE YEAR CONVERSION HOLDING PERIOD NOT MET Contributions: Tax-No; Penalty-No Conversions: Tax-No; Penalty-Yes (Taxable Portion) Conversions: Tax-No ;Penalty-No (...
by dwickenh
Wed Feb 06, 2019 8:35 am
Forum: Personal Investments
Topic: Rebalance or steady contributions?
Replies: 10
Views: 511

Re: Rebalance or steady contributions?

You didn't mention if this was a taxable account or 401K. Some 401K accounts have the option of auto re-balance once a year. It works great if you like to just shovel money into the 401K and not stress over looking at the account except once a year. It is not difficult to re-balance most accounts, a...
by dwickenh
Wed Feb 06, 2019 8:28 am
Forum: Investing - Theory, News & General
Topic: Are You Indirectly Losing Money via Your Brokerage Cash Sweep Account?
Replies: 30
Views: 4610

Re: Are You Indirectly Losing Money via Your Brokerage Cash Sweep Account?

This is a favorite for managed accounts if you don't watch where the cash is being held. I keep an eye on a Merrill Lynch account in a trust. They were holding 80,000 in cash at .05% with a AUM fee of 1%. Talk about losing to inflation! I got them to agree to transfer any cash to a "holding account"...
by dwickenh
Sun Feb 03, 2019 9:33 am
Forum: Personal Investments
Topic: Need help moving to do it myself at Fidelity
Replies: 13
Views: 1200

Re: Need help moving to do it myself at Fidelity

SPY(S&P 500) has returned 13% over the last 10 years, so it would double your investment every 5.5 years with a lot less risk than the single stock you own. You have not been lucky with that one stock(other than it not tanking) as the general market has gone up remarkably also. Don't get anchored to...