Search found 1152 matches

by dwickenh
Thu Jun 14, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Bumper Repair
Replies: 9
Views: 520

Re: Bumper Repair

We used to put bumpers into hot tanks of water overnight to relieve more severe buckles,
But a heat gun works on many areas of plastic bumpers. The shop did a great service and is likely
A very honest business.
by dwickenh
Thu Jun 14, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Couch Potato Portfolio Question
Replies: 7
Views: 400

Re: Couch Potato Portfolio Question

The answer to your question requires more information. What is the timeline for this 401K money. Will you need to draw from it immediately or do you have other sources of income? If you have to draw from it now, what percentage of the total do you intend to draw each year? Some people keep a safety ...
by dwickenh
Wed Jun 13, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Best Father's Day Gift You Ever Received (or wish you'd received)
Replies: 11
Views: 984

Re: Best Father's Day Gift You Ever Received (or wish you'd received)

My best gift is being received this year as my whole family(4 children w/spouses and 7 grandchildren) are going for a 4 day vacation in Branson, Mo. We are all staying in one large house(this is going to be exciting). I have 2 children living on the west coast, so getting them all together has not h...
by dwickenh
Tue Jun 12, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Services
Replies: 45
Views: 3131

Re: Vanguard Advisor Services

It's mostly a ripoff. You only need to have half a brain and can figure it out for yourself after seeing what they have (and haven't done) over the last few years. Just do the same. Or buy Vanguard all in one funds (Lifestrategy or Target date funds). Some people get comfort from the minor hand hol...
by dwickenh
Mon Jun 11, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard -Data Concerns
Replies: 29
Views: 2201

Re: Vanguard -Data Concerns

I do not look that often so I am not aware of such problems. My portfolio is always there and correct when I do decide to look.
by dwickenh
Sun Jun 10, 2018 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Capital Loss in IRA
Replies: 5
Views: 504

Re: Capital Loss in IRA

The only advantage I can think of is a Roth conversion will actually move more shares at less taxes. When(and if) the investment recovers, you will have moved more shares to your Roth than you could have before the loss.
by dwickenh
Thu Jun 07, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Income investments too conservative?
Replies: 59
Views: 3688

Re: Fixed Income investments too conservative?

I don't say this often..... but in the advisor's defense ......he was asked to come up with a fixed income portfolio that would yield 3.5%. I saw no indication it was the advisor's idea to do this or that the advisor thinks it should be implemented. He may have just answered the husband's question ...
by dwickenh
Thu Jun 07, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Income investments too conservative?
Replies: 59
Views: 3688

Re: Fixed Income investments too conservative?

This is a classic case of making a portfolio look so complicated that there is no way you can manage this yourself. If this were my adviser, I would cut the tie just because of this recommendation. I'm sure he has made himself a friend and is indispensable in his own mind. If you want a conservative...
by dwickenh
Wed Jun 06, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Beginning investor - guidance requested
Replies: 21
Views: 1853

Re: Beginning investor - guidance requested

Dear BH members First, thanks a lot for all the help i have received so far on this forum! i greatly appreciate the generosity of the members in terms of offering their time and expertise - i hope to pass on the benefit i am receiving to others who may need them. I'm in my mid-30s and trying to get...
by dwickenh
Wed Jun 06, 2018 7:08 am
Forum: Investing - Help with Personal Investments
Topic: Near Term Expenses and Asset Allocation
Replies: 8
Views: 699

Re: Near Term Expenses and Asset Allocation

A known future expense that can't be deferred to a later date should be in low risk cash type investments(money market, high yield savings acct, term matched CDs) A future expense that can be deferred based on market conditions can be invested in short term bonds, conservative balanced fund(Wellesle...
by dwickenh
Tue Jun 05, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: Best case to convert a Bogle skeptic?
Replies: 56
Views: 4838

Re: Best case to convert a Bogle skeptic?

Yes, leave it be, but what I find amazing is your father (a former professional in the investing business) does not seem to realize the impact of high costs. :shock: -OR- He does know, but is loyal to his employer. :?: Paul Or he simply disagrees with the Boglehead critique of his former career. I ...
by dwickenh
Sun Jun 03, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Car drove through our home - some questions on insurance and restitution
Replies: 26
Views: 3252

Re: Car drove through our home - some questions on insurance and restitution

This thread is now in the Personal Finance (Not Investing) forum (insurance and restitution). In addition to a lawyer, may I suggest a Public adjuster ? A long time ago, my family used a public adjuster to help recover property losses. The adjusters took their commission, but what my family got in ...
by dwickenh
Sun Jun 03, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Car drove through our home - some questions on insurance and restitution
Replies: 26
Views: 3252

Re: Car drove through our home - some questions on insurance and restitution

If the act is intentional, the liability/property damage insurance of the driver may be looking for a way to deny the claim. I would deal with my own homeowners Insurance and let them go after the driver- Subrogation. The coverage for your property is contractual with your Insurance company. I don't...
by dwickenh
Sat Jun 02, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed for firing investment advisor and hiring Vanguard--Fidelity or Schwab
Replies: 12
Views: 1483

Re: Advice needed for firing investment advisor and hiring Vanguard--Fidelity or Schwab

What else are you getting from your adviser for the 1.1% fee? If this is only advice of which funds and allocation to stocks and bonds, you can do much better by lowering your expenses at one of the 3 firms you mentioned. There may be some things your current adviser is doing(tax harvesting, re-bala...
by dwickenh
Sat Jun 02, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One Visa 1.5% cash back vs. Chase Sapphire Preferred
Replies: 9
Views: 1105

Re: Capital One Visa 1.5% cash back vs. Chase Sapphire Preferred

If you have a Paypal account, get their 2% back on everything card through Synchrony Bank.
by dwickenh
Sat Jun 02, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1857
Views: 339634

Re: What are you up YTD? [Year To Date]

- .25% with 37% total US, 13% International, 47% bonds, 3% cash.
by dwickenh
Sat Jun 02, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 3901

Re: Friends with an EJ Advisor

You don't recently become good friends. Real friendships takes time to adjust to each other and make memories to share. He is a recent acquaintance that is using your trust to make a possible business deal. I would separate the business from the discussion as soon as possible. If this continues, it ...
by dwickenh
Fri Jun 01, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: Should I fix the car or get rid of it?
Replies: 20
Views: 1620

Re: Should I fix the car or get rid of it?

I would shoot for getting 15 years out of the Subaru and have the repairs done. Then start a "replacement fund" for the next vehicle you will need in 6 years.
by dwickenh
Fri Jun 01, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10368

Re: Why have a savings account at all?

rbaldini, It is a general response to your comment too. When someone's portfolio is big enough, he/she will not be 30 years from retirement/FI. KlangFool In my estimation, my taxable account is large enough to render a savings account unnecessary for me. I am 31 years old. It depends on the person....
by dwickenh
Fri Jun 01, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Pimco total return (PTTRX) ??
Replies: 19
Views: 1565

Re: Thoughts on Pimco total return (PTTRX) ??

Beyond rationalization... We invest in index funds because they have shown superior historically. Wouldn't be the same reason to buy PTTRX. The statistical time of proof should be lower since bonds have a shorter life than stocks. I disagree that we buy index funds because they have outperformed hi...
by dwickenh
Fri Jun 01, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Pimco total return (PTTRX) ??
Replies: 19
Views: 1565

Re: Thoughts on Pimco total return (PTTRX) ??

jhfenton wrote:
Wed May 30, 2018 10:01 am
It is an over-rated, over-priced, increasingly-expensive fund living off past glory with an opaque portfolio filled with derivatives and shorts that result in an incomprehensible risk profile.

It is literally the only U.S. bond fund in my 401(k), but I avoid it.
+1
by dwickenh
Fri Jun 01, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: General Electric
Replies: 57
Views: 6660

Re: General Electric

Individual stock risk is unnecessary and sometimes very costly. G E proves a point stated continuously on this forum. To all of those that brag about their winners, this is the flip side that is often overlooked(and definitely not bragged about). If you would not buy this stock today, sell it.
by dwickenh
Fri Jun 01, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: What exactly causes a spring mattress to wear out?
Replies: 27
Views: 2094

Re: What exactly causes a spring mattress to wear out?

Here is what we've found with mattresses. Pillow top mattresses wear out because the pillow top breaks down. What you are left with is a lumpy surface that is uncomfortable. We went to buying a very simple firm or extra firm mattress with no padding. We then add a memory foam mattress topper. When ...
by dwickenh
Thu May 31, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: Seeking Alpha pro membership, your thoughts
Replies: 15
Views: 1485

Re: Seeking Alpha pro membership, your thoughts

I still read the free version and find some of the articles interesting. Seems to be a dividend income leaning to the site, but there are some decent retirement articles. I would never pay for the subscription as it is not worth more than free.
by dwickenh
Mon May 28, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: J P Morgan Retirement Guide 2018
Replies: 4
Views: 1116

J P Morgan Retirement Guide 2018

I ran across this guide while reading an article at Seeking Alpha and found some of it interesting. It does seem to downplay the costs of healthcare in retirement compared to some articles/guides. Considering the source, I take some of the information as glossy sale adds for the assets management bu...
by dwickenh
Mon May 28, 2018 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Tracking Year to Year Carry Over Losses
Replies: 11
Views: 623

Re: Tracking Year to Year Carry Over Losses

As Gill stated, the tax software will track the unused portion and apply it to the next tax year.

It can also be done by hand on the tax form, but that is a lost art .

Dan
by dwickenh
Mon May 28, 2018 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Purchase SPIA through Vanguard?
Replies: 18
Views: 1706

Re: Purchase SPIA through Vanguard?

I have not purchased an annuity from Vanguard. I would check with other sources such as Immediate annuity.com. As a reminder, your pension annuity is very likely the best payout as it includes all people in the employment group with higher mortality credits. People that buy on the open market are us...
by dwickenh
Mon May 28, 2018 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Short term investment
Replies: 5
Views: 638

Re: Short term investment

Welcome MJPOPE915, For the short term you specify, I would stick with a high yield savings account (Allied) or a money market account. The Allied account has FDIC protection and the money market does not. Money markets are also considered very safe. 6 month Treasuries and CD's would also be acceptab...
by dwickenh
Mon May 28, 2018 6:50 am
Forum: Local Chapters and Bogleheads Community
Topic: MEMORIAL DAY 2018
Replies: 28
Views: 2501

Re: MEMORIAL DAY 2018

Taylor,

Thank you for your service and the words of wisdom we get on a regular basis here on Bogleheads.

Thank you to all the survivors of veterans who also sacrificed so much for our freedom. They are

also true heroes along with their loved one who didn't come back from war.

Best wishes,

Dan
by dwickenh
Mon May 28, 2018 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgages
Replies: 18
Views: 1872

Re: Reverse Mortgages

My DW's aunt used a reverse mortgage to feed her gambling habit. She has spent all of the money, and still has a roof over her head. If she had sold the house to access the money, she also would be out of money at this time, but maybe without the roof over her head. This doesn't make a reverse mortg...
by dwickenh
Sun May 27, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Two Fund Vanguard vs. Managed Portfolio
Replies: 13
Views: 1650

Re: Two Fund Vanguard vs. Managed Portfolio

JSS, please see comments in blue, below. Age:61 Desired Asset allocation: (Moderate Portfolio). 60% stocks / 40% bonds? Desired International allocation: % of stocks, Not Sure. I am 61 and may retire in three years. At 64 I would have social security, a moderate size pension or lump sum, and this I...
by dwickenh
Thu May 24, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 106
Views: 10443

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

Because the interest earned on the bonds keeps going up also. I like getting a raise, even though I am not working. How are you getting a raise? The yield goes up on the bond funds, but the NAV goes down, so you earn a larger percentage of a smaller amount. Isn't it a wash, and you get pretty much ...
by dwickenh
Thu May 24, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick
Replies: 36
Views: 2609

Re: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick

My Dad has stopped driving at age 91 and has offered me his 2003 Buick Century that has only 25,000 miles on it. For the most part it is in showroom condition except for the rocker panels and two front fenders. I found someone that will put two new fenders on and fix the rocker panels for around $1...
by dwickenh
Thu May 24, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 106
Views: 10443

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

I'm sorry, it still does not make sense. I am perfectly fine with stocks dropping 30% because they have the potential to rise 30% the other way. Bonds will never have that potential, which is why I agree with some other posters that a penalty free CD may be a better option. I don't know what the pu...
by dwickenh
Wed May 23, 2018 8:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 98
Views: 15203

Re: [Virtual online chapter - Master thread]

Thank you for the link, the meeting was very interesting.
by dwickenh
Wed May 23, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Car wreck insurance settlement
Replies: 19
Views: 1577

Re: Car wreck insurance settlement

The 3 times rules is generally for "specials" which includes lost wages, medical bills, and transportation costs to medical. You will give up about 33% of the settlement to your attorney, so make sure the result is worth the reduced benefit. For the injury and amount of lost wages, I would also reco...
by dwickenh
Tue May 22, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2635

Re: Asset Class Forecasts

Ironically I am turning more bearish now and have been reducing my equity allocation from low 60% range in November 2017 to 50% currently and might reduce more if I can convince my spouse to go to 40%. aburntoutcase: It appears you are attempting to market-time. Sorry, it seldom works. Listen to Ja...
by dwickenh
Mon May 21, 2018 6:34 am
Forum: Investing - Help with Personal Investments
Topic: 401k investment choices
Replies: 7
Views: 715

Re: 401k investment choices

I would pick Large Blend BTC US Equity Market Index Fund (USEQF), ER 0.08 (because it is an index fund with low ER) and International Large Blend Dodge & Cox International Stock (DODFX), ER 0.64 (good reputation and relatively low ER for an active fund as the list does not have an index fund) I agr...
by dwickenh
Sun May 20, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Moving Money (Accounts)
Replies: 6
Views: 1046

Re: Moving Money (Accounts)

The most important thing to control is taxes. This sounds like a taxable account and may have some significant gains after last year. You might want to leave at Schwab without the adviser and slowly transition to low cost index funds. If there are no tax consequences, you can just move the money out...
by dwickenh
Sat May 19, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 6110

Re: What’s your phone/internet bill?

Internet is 50.00 per month and 2 lines of cell with 4 gb of 4g is 60.00
by dwickenh
Fri May 18, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 985

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

Your income constraints can be reduced by accumulating cash or short term bonds in your taxable account. Use the short term bonds like cash and sell them for income during the year. There is no tax/no income from the bond principal, only the interest which can be low for a real short term fund. A mo...
by dwickenh
Fri May 18, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 985

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

mike_slc wrote:
Fri May 18, 2018 6:25 pm
furwut wrote:
Fri May 18, 2018 5:37 pm
If it is appropriate for you, selecting an HSA elgible policy and making a HSA contribution modestly lowers your ACA MAGI.
Good idea. Do you happen to know if you need earned income to take the HSA deduction?
No you don't need earned income for HSA contributions
by dwickenh
Fri May 18, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 3298

Re: Retiring soon - some questions

I agree with your draw down strategy as it closely resembles mine. I am currently managing income for ACA subsidies for the next 2 years for DW and myself. I have also been able to slip in some Roth conversions at 0 tax rate to fill out my 138-150% of poverty level for ACA premium and cost subsidies...
by dwickenh
Thu May 17, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: Should I have my new garage floor coated with Epoxy?
Replies: 23
Views: 3162

Re: Should I have my new garage floor coated with Epoxy?

I applied my own epoxy coating inside my new 2 car garage about 6 years ago. It really cut down on the dust and made the floor easy to clean. It still looks good after 6 years with minor tire peel where my vehicles are parked. It should be good for 2-4 more years before re-applying the epoxy. I woul...
by dwickenh
Wed May 16, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance - The Perfect Platform for Beginner Bogleheads
Replies: 6
Views: 882

Re: M1 Finance - The Perfect Platform for Beginner Bogleheads

What about the timeliness and correctness of 1099-B, 1099-DIV, consolidated 1099s, how easy are Roth conversions, gifting of assets, tracking of cost basis, ease of selling specific shares, and on and on. My point is that choice of actual investments is pretty far down the list of what a platform p...
by dwickenh
Wed May 16, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Communities w Great Weather and Low/No State Taxes?
Replies: 12
Views: 1840

Re: Retirement Communities w Great Weather and Low/No State Taxes?

Great suggestions... Washington State, Texas Hill Country, Sedona, AZ, Reno, eastern Tennessee! I agree with Alan S that it is not wise to let the tax tail wag the dog. DW and I would like to relocate to an active adult retirement community with lots of different outdoor activities such as golf, te...
by dwickenh
Wed May 16, 2018 7:25 am
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 106
Views: 10443

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

What part of "stay the course" have we forgotten? Short term changes in NAV are nothing more than fodder for discussion- financial porn if you will.

I will place my bets on the wisdom of an 89 year old prodigy!!

Best of luck on all of your investments,

Dan
by dwickenh
Tue May 15, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Customer Service Improvement Incentive?
Replies: 12
Views: 1335

Re: Vanguard Customer Service Improvement Incentive?

Based on everything we know about Vanguard, what incentive do they have to improve their customer service? What incentives is everyone pushing for so Vanguard improves its customer service? For comparison, how does this incentive differ from another Pennsylvania company, Comcast, who also promises ...
by dwickenh
Wed May 09, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: regarding Health insurance coverage form 1095-C
Replies: 5
Views: 233

Re: regarding Health insurance coverage form 1095-C

Your tax preparer should have filed your taxes using the correct information rather than knowingly report incorrect information simply because it was reported incorrectly on the 1095-C. You can use other documentation to prove coverage, for instance, a statement from the health coverage provider. T...