Search found 1440 matches

by dwickenh
Thu Dec 13, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 152
Views: 8914

Robinhood Checking and Savings at 3%

[Thread merged into here, see below. --admin LadyGeek]

Robinhood is starting a 3% checking and savings in early 2019. 250,000 FDIC

Might be worth a look for some.

https://checking.robinhood.com/
by dwickenh
Tue Dec 11, 2018 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Exceeded the Social Security Income Limit
Replies: 9
Views: 1441

Re: Exceeded the Social Security Income Limit

The rules are the same as the SS earnings test quoted from their website: "When we figure out how much to deduct from your benefits, we count only the wages you make from your job or your net profit if you're self-employed. We include bonuses, commissions and vacation pay. We don't count pensions, a...
by dwickenh
Tue Dec 11, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: TLH when not itemizing
Replies: 6
Views: 803

Re: TLH when not itemizing

sorry - just one more clarification/follow-up question. my understanding is that losses can be used to offset capital gains but not dividend income. after all of your cap gains are offset, then you can use up to $3,000 of losses against any ordinary income including dividends. is that correct ? tha...
by dwickenh
Mon Dec 10, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Spousal SS Benefit
Replies: 13
Views: 1218

Re: Spousal SS Benefit

Your situation may be one of those that finds early filing by the spouse as a benefit. Run the numbers on Mike Pipers site as
suggested in the above post above.
by dwickenh
Mon Dec 10, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Hurting Roth IRA
Replies: 16
Views: 1358

Re: Hurting Roth IRA

Opened my Roth IRA today to see I was down 229 dollars for the year. :annoyed Man... I know you have to stay the course but gosh that hurts at the age of 29 and not having much money to burn. But... stay the course. :| It's a small snowball rolling downhill. It just takes a while to gain momentum a...
by dwickenh
Mon Dec 10, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Concerned about asset allocation
Replies: 4
Views: 441

Re: Concerned about asset allocation

Are you going to reach your goals with cash at 3% over the next 10 years. If not, you will have to take on more risk to achieve your goals,
or just reduce your goals to meet your 3% expected return.
by dwickenh
Sun Dec 09, 2018 6:25 pm
Forum: Personal Consumer Issues
Topic: portable jump starters
Replies: 56
Views: 3768

Re: portable jump starters

I was flipping through the channels and saw a portable jump starter being presented on one of the shopping channels. With weather upon us and the battery in my car being at least 3 years old, I am wondering whether I should get one. There are so many on Amazon. It is hard to decide. Also, the one b...
by dwickenh
Sun Dec 09, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: ACA, COBRA, and Medicare
Replies: 9
Views: 777

Re: ACA, COBRA, and Medicare

"The bottom line is that you can retire now and enroll in Medicare. Your wife can enroll in COBRA with or without you. Her COBRA coverage will either be 18 months longer depending on your exact age. Then if necessary she can enroll in an ACA Marketplace plan." +1 on this. You are in good shape to re...
by dwickenh
Sat Dec 08, 2018 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: ACA - prove you don't have income
Replies: 22
Views: 3066

Re: ACA - prove you don't have income

You could just go to a "no cost" agent and have him/her do all the work, including what verification is needed.
by dwickenh
Sat Dec 08, 2018 9:31 pm
Forum: Investing - Theory, News & General
Topic: You already own international stocks with VTSMX etc [Vanguard Total Stock Market]
Replies: 57
Views: 4688

Re: You already own international stocks with VTSMX etc [Vanguard Total Stock Market]

I have read several of J L Collins books including The Simple Path to Wealth. He does mention a simple VTSAX and VBTLX portfolio with mention of VTIAX if one prefers a foreign fund. He keeps it simple in accumulation stage with 100% VTSAX(Vanguard Total US Stock Market) Near or in retirement, he sug...
by dwickenh
Sat Dec 08, 2018 7:47 pm
Forum: Investing - Theory, News & General
Topic: International underperformance - how to break it down
Replies: 52
Views: 4049

Re: International underperformance - how to break it down

Every one of your points is part of under performance of international equities. The US is roughly 50% of the market cap of the world markets. Investors will have to earn a premium to keep investing in international. The market will eventually correct and provide that premium. Keeping a portion of ...
by dwickenh
Thu Dec 06, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 357
Views: 20210

Re: What are others paying for property taxes around the US?

670.00 per annum 1400 sq ft home Large lot. :happy You gotta love Tennessee!! If you want to live in the state ranked as the No. 8 least-educated state in the U.S. -- TN is also the 6th least healthy state -- both according to stories in the Tennessean Newspaper... Hmmmm. Ah, too much money left ov...
by dwickenh
Thu Dec 06, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 357
Views: 20210

Re: What are others paying for property taxes around the US?

Toons wrote:
Thu Dec 06, 2018 5:47 pm
670.00 per annum
1400 sq ft home
Large lot.
:happy
You gotta love Tennessee!!
by dwickenh
Wed Dec 05, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Odd question re: whole life insurance
Replies: 7
Views: 641

Re: Odd question re: whole life insurance

I believe that once the minor children are of legal age, disclosure to parents/guardians is a breach of the disclosure clause in the policy. It doesn't matter who is paying the premium, it matters who is listed as the insured and their age. A prior balance given to the parent was likely a mistake. ...
by dwickenh
Wed Dec 05, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Odd question re: whole life insurance
Replies: 7
Views: 641

Re: Odd question re: whole life insurance

I believe that once the minor children are of legal age, disclosure to parents/guardians is a breach of the disclosure clause in the policy. It doesn't matter who is paying the premium, it matters who is listed as the insured and their age. A prior balance given to the parent was likely a mistake.
by dwickenh
Mon Dec 03, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 120
Views: 10864

Re: Retirement itch- when did you get it?

I got the itch at age 57 due to corporate restructuring, scratched the itch at age 61. I refused to work at a job I didn't enjoy anymore. Flipped a coin heads- job seek, tails- retire. Tails it was! Actually my wife's health declined and I retired to spend more time with her.
by dwickenh
Sun Dec 02, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Trying not to use the term timing, but...
Replies: 23
Views: 1848

Re: Trying not to use the term timing, but...

and 39 ain't old.......... to some of us. If you were just starting out at 39, would you dump all of your savings into "junk" bonds? Many people start saving at your age and older. You still have a healthy time horizon and going to High Yield bonds could easily ruin it.
by dwickenh
Sat Dec 01, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: I'm up 5% ytd and I will take it
Replies: 55
Views: 6030

Re: I'm up 5% ytd and I will take it

I am about even for the year(+.40) with a 50/45/5 mix that includes International equities. I am not disappointed with the results as I based my retirement calculations on worst scenario(0 gain). After a great year in 2017, my expectations were tempered to lower returns(reversion to mean). I would b...
by dwickenh
Sat Dec 01, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: Investment Analysis Tools
Replies: 4
Views: 285

Re: Investment Analysis Tools

Yes you can enter your accounts and balances manually in Personal Capital.

There is nothing like Portfolio Visualizer available on any brokerage account websites.
by dwickenh
Tue Nov 27, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Put spouse on insurance or use own??
Replies: 9
Views: 558

Re: Put spouse on insurance or use own??

Maybe her coverage is lousy?
by dwickenh
Tue Nov 27, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Should I go back to my 6 figure job?
Replies: 20
Views: 2396

Re: Should I go back to my 6 figure job?

If you took finances out of the picture, which job makes you happier every day that you go to work? (glad to be there) :D As a 3rd alternative, besides "either or", have you considered finding a job that has all the things you want in a job (pay, benefits, hours, autonomy, etc)??? j +1 for not sett...
by dwickenh
Tue Nov 27, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting beginner...
Replies: 5
Views: 612

Re: Tax Loss Harvesting beginner...

Your accountant should know to carry over Capital losses. If he doesn't, you may want to replace him/her.

You can use up to 3000 per year against ordinary income, and no limit against capital gains.
by dwickenh
Mon Nov 26, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to a 401k in 2019
Replies: 3
Views: 418

Re: Contributing to a 401k in 2019

Does your 401K plan allow for after tax contributions? That would be a good question to ask and might help
solve the problem you are contemplating. Any amount over the 18,500 limit could just be an after tax contribution.
I would call your 401K admin and ask.

Dan
by dwickenh
Mon Nov 26, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Taxable Account Question
Replies: 17
Views: 2042

Re: Vanguard Taxable Account Question

You may want to use a tax calculator to determine if Muni Bonds make sense for you.

https://personal.vanguard.com/us/FundsTaxEquivForYield

Check it out here

Dan
by dwickenh
Mon Nov 26, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Financial Advisor (Advice Please!)
Replies: 16
Views: 2024

Re: Inheritance and Financial Advisor (Advice Please!)

Some random thoughts that may be useful to you: 1. Delete Financial Advisor via polite email or other notice. 2. Edit your original post in this format for a comprehensive portfolio review and suggestions to restructure as needed. Which format are you referring to? 3. Read: Managing a Windfall http...
by dwickenh
Mon Nov 26, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Dollar Cost Averaging or Lump Sum in Current Market
Replies: 30
Views: 2390

Re: Dollar Cost Averaging or Lump Sum in Current Market

Hey Guys! Hope someone can offer some advice. I've got around 40-50k to invest in Vanguard index funds and I'm wondering if it is better to invest the whole amount all at once or do 5k monthly? I know its difficult to predict and this enters the territory of market prediction etc. but just wonderin...
by dwickenh
Mon Nov 26, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Do I need a financial advisor?
Replies: 16
Views: 1393

Re: Do I need a financial advisor?

If you want the future to be simple for your spouse, I would talk to Vanguard about Personal Adviser Services (PAS). With your assets, they will be glad to discuss future needs and estate planning. Also, your spouse will not get pressure to move to expensive funds that reward the advisers including ...
by dwickenh
Sun Nov 25, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 119
Views: 7075

Re: What is your allocation to U.S. and International?

I am 80% US and 20% International. I keep the 20% around for tax loss harvesting and it has worked out well this year. :oops:
I have not changed this allocation for the last 20 years. It creeps up or down sometimes, but seems to stay around 20%.
by dwickenh
Sun Nov 25, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: New to investing, how would I select appropriate bonds?
Replies: 19
Views: 1506

Re: New to investing, how would I select appropriate bonds?

Bonds and bond funds seem simple but they can be a bit tricky. Except for Treasuries which come with a Federal Government guarantee the key risk of bonds is default i.e. the issuer can't pay you when the bond matures. Most bond funds invest in a variety of issuers to mitigate against that risk. So,...
by dwickenh
Sat Nov 24, 2018 11:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 99
Views: 14895

Re: St Louis Bogleheads

Let's say the 19th weather permitting. This will be the first meeting of 2019 for the St Louis Bogleheads at 1:00 p.m. Saturday January 19th at the Train Wreck Saloon in Westport Plaza. https://www.trainwrecksaloon.com/ Please respond in this post so we have an approximate head count for table/tabl...
by dwickenh
Sat Nov 24, 2018 4:45 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 99
Views: 14895

Re: St Louis Bogleheads

Dan, I agree and it's nice to hear from you. Most people recoiled in horror at the thought of Saint Peters...what about West County, perhaps Westport Plaza? Edit: The Trainwreck Saloon is pretty laid back with good food. That would work great for most people and The Train Wreck sounds great. Maybe ...
by dwickenh
Sat Nov 24, 2018 4:33 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 99
Views: 14895

Re: St Louis Bogleheads

New to Bogleheads and hope to attend next meeting of group. Researching options to move from EDJ and rollover from Traditional to Roth as I'm newly retired. Welcome. Most are gonna say use Vanguard for your rollover. As far as traditional to Roth, we'd need a lot more info to know if that was a goo...
by dwickenh
Sat Nov 24, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Tax lost harvesting
Replies: 8
Views: 5103

Re: Tax lost harvesting

You can reinvest the money into your Roth next year and take the taxable account loss off your taxes this year. You have to make sure you are not buying any more of Total market for 31 days from the sale. Turn any reinvest dividends/CG off in the taxable account for this fund. The only requirement ...
by dwickenh
Sat Nov 24, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Tax lost harvesting
Replies: 8
Views: 5103

Re: Tax lost harvesting

You can reinvest the money into your Roth next year and take the taxable account loss off your taxes this year. You have to make sure you are not buying any more of Total market for 31 days from the sale. Turn any reinvest dividends/CG off in the taxable account for this fund. The only requirement o...
by dwickenh
Fri Nov 23, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Social Security questions, please help!
Replies: 21
Views: 3246

Re: Social Security questions, please help!

Thanks to all who have chimed in! It seems like I lost site of the "big picture" which is (or should be) driven by my wife's likely longevity (her mom, now 95, is still doing well, and her grandma lived to 96). So I've reversed back to my original plan and will wait until I'm 70, seven months hence...
by dwickenh
Fri Nov 23, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on possible portfolio change for Early Retiree
Replies: 7
Views: 793

Re: Thoughts on possible portfolio change for Early Retiree

I would probably ladder the CDs for no more than 10 years (300,000) and increase the intermediate bonds in the IRA/deferred buckets by the other 300,000. 10 years of cash should be sufficient to weather the storms and 30% of the portfolio in cash could be a major drag on returns. Just depends on how...
by dwickenh
Fri Nov 23, 2018 10:32 am
Forum: Personal Consumer Issues
Topic: New TV Recommendations Please?
Replies: 80
Views: 5450

Re: New TV Recommendations Please?

If you want to upgrade an older tv(mine was 7 years old), I went with an inexpensive Vizio 70 inch e70-f3 4k UHD tv from Best Buy for 749.00. It is a major upgrade from my Phillips 55 inch HD tv. I decided not to spend the 2500 needed to get the newest technology, as I am not that sensitive to the d...
by dwickenh
Fri Nov 23, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5878

Re: The psychology of withdrawing from your portfolio

skime wrote:
Fri Nov 23, 2018 9:04 am
I made sure that my withdrawal rate was going to be so low that it was virtually impossible for my retirement not to work.
+1 for being sure, but knowing you can wing it if you have to!!
by dwickenh
Wed Nov 21, 2018 8:12 am
Forum: Personal Finance (Not Investing)
Topic: TLH - need reassurance.... what did I miss?
Replies: 5
Views: 555

Re: TLH - need reassurance.... what did I miss?

alil wrote:
Wed Nov 21, 2018 7:59 am
I exchanged VTIAX to VFWAX twice this week - similar situation. Sounds like you did everything right. Thanks rkhusky for helping us.
Nothing like a double header!! I did the same about a month ago.

Tax season should be good.
by dwickenh
Tue Nov 20, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Does Roth IRA at Vanguard have a separate settlement fund?
Replies: 11
Views: 817

Re: Does Roth IRA at Vanguard have a separate settlement fund?

Why are you doing tax loss harvesting in a roth? All gains / contributions are withdrawn tax free. Perhaps he means to avoid wash sales in the taxable account? That was my assumption. Dividend reinvestments in the Roth IRA could cause a wash sale in a taxable account. Easier to just make sure the R...
by dwickenh
Tue Nov 20, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - how much?
Replies: 13
Views: 981

Re: Tax loss harvesting - how much?

I have some shares I want to sell that are STCG loss. I know I can offset $3k against my income - can I also offset dividends I received over the year, and distributions from VTSAX? Do all the loss harvesting you can, these times are hard to come by in some years. I actually wish I had more to harv...
by dwickenh
Tue Nov 20, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - how much?
Replies: 13
Views: 981

Re: Tax loss harvesting - how much?

I have some shares I want to sell that are STCG loss. I know I can offset $3k against my income - can I also offset dividends I received over the year, and distributions from VTSAX? Do all the loss harvesting you can, these times are hard to come by in some years. I actually wish I had more to harv...
by dwickenh
Tue Nov 20, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Can someone explain what's going on [with the stock market]?
Replies: 96
Views: 13107

Re: Can someone explain what's going on..........

Hello: With the stock market ????? I know that usually october is a shaking month,but it keeps going DOWN.Please explain if you know. Many thanks in advance,parigi. This is the risk side of the equation. The market can go down a little, a lot, or somewhere in between. That is why it pays better tha...
by dwickenh
Mon Nov 19, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Projecting 2018 Taxes
Replies: 8
Views: 1291

Re: Projecting 2018 Taxes

Easiest is to use last year's numbers . A loss is under realized gains/losses tab. It will all be a guess, so don't fret if your off by a few hundred. +1 What I do. It's difficult to estimate taxes precisely before December as fourth quarter distributions are made at that time. It's for that reason...
by dwickenh
Mon Nov 19, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: How This All Happened (to the US economy)
Replies: 44
Views: 7390

Re: How This All Happened (to the US economy)

Interesting read as Morgan Housel always finds a way to relate today's situation to a series of events in the past.

Thanks for posting.

Dan
by dwickenh
Mon Nov 19, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5878

Re: The psychology of withdrawing from your portfolio

Retired. No pension. No annuities. Therefore: 3-5 yrs expenses in cash/bank/high yield accounts/short term CD's. 5-7 yrs expenses in CD ladder, Treasuries, etc. 5-7 yrs expenses in Bond Funds. Rest in equities, etc. Stick to a reasonable and conservative withdrawal rate. Works so far. Not many bear...
by dwickenh
Mon Nov 19, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Projecting 2018 Taxes
Replies: 8
Views: 1291

Re: Projecting 2018 Taxes

Easiest is to use last year's numbers . A loss is under realized gains/losses tab. It will all be a guess, so don't fret if your off by a few hundred. +1 What I do. It's difficult to estimate taxes precisely before December as fourth quarter distributions are made at that time. It's for that reason...
by dwickenh
Mon Nov 19, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17191

Re: Vanguard lowering Admiral level to $3,000?

You can now own lower-cost Admiral™ Shares for almost 40 of our index mutual funds for a minimum of just $3,000 each.

If higher minimums were keeping you from converting, select Yes below to find out if you can start saving money today.

From the web page today
by dwickenh
Mon Nov 19, 2018 8:44 am
Forum: Personal Consumer Issues
Topic: My car was totaled. Do any of you have experience with this process?
Replies: 48
Views: 2911

Re: My car was totaled. Do any of you have experience with this process?

If there was a police report, the property damage claim will find you- and you can forward it to your Insurance company. You were insured at the time of loss, they will have to take care of the damage no matter when the claim is submitted.