Search found 1551 matches

by dwickenh
Thu Feb 14, 2019 4:50 pm
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 57
Views: 6292

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: 3237

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: 1560

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: 4086

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: 417

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: 539

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: 497

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: 23
Views: 2795

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: 1146

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...
by dwickenh
Sun Feb 03, 2019 9:19 am
Forum: Personal Investments
Topic: Withdrawl Question: taxable vs deferred, bonds vs stocks
Replies: 7
Views: 537

Re: Withdrawl Question: taxable vs deferred, bonds vs stocks

HappyJack wrote:
Sun Feb 03, 2019 9:11 am
Thanks. Do you mean you don’t reinvest dividends on the taxable side but you do so on the tax deferred side.
This is correct!
by dwickenh
Sun Feb 03, 2019 9:18 am
Forum: Personal Investments
Topic: Withdrawl Question: taxable vs deferred, bonds vs stocks
Replies: 7
Views: 537

Re: Withdrawl Question: taxable vs deferred, bonds vs stocks

Thanks for any help you can give me with this one. My bond allocation is in tax deferred. My understanding is that a dollar in a taxable account is worth more than a dollar in a tax-deferred account. Should I draw down first from bonds to keep the earning power of my stock funds. Should I take my w...
by dwickenh
Sun Feb 03, 2019 9:13 am
Forum: Personal Investments
Topic: Kindergarten-level question about Money Market fund
Replies: 19
Views: 1785

Re: Kindergarten-level question about Money Market fund

Yes, you can easily move your money in and out of Vangurd Prime Money Market. The bank transfer takes 2-3 days on either end to show up in your account. There are no penalties. It’s very convenient. I use the fund for a similar reason. This strategy’s one downside is that I’d we have another financ...
by dwickenh
Sat Feb 02, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts? What to do? [When can I buy a house?]
Replies: 9
Views: 869

Re: Thoughts? What to do?

I think you are doing well for a 25 year old. Grats on maxing out your Roth and 20% to 401K is great. As for the house decision, there are some things to think about. If you are buying, plan on living there for at least 7 years to recoup the closing costs in appreciation on the house. Plan for real ...
by dwickenh
Thu Jan 31, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Have you received more tax refund than reported?
Replies: 11
Views: 785

Re: Have you received more tax refund than reported?

No, this has never happened to me, but it sounds like a better problem than owing more than you thought.
by dwickenh
Thu Jan 31, 2019 1:00 pm
Forum: Personal Investments
Topic: 2 Questions: Need advice on VIIIX and International Funds
Replies: 9
Views: 420

Re: 2 Questions: Need advice on VIIIX and International Funds

1. VIIIX is a great low cost S&P 500 index with an ER of .02%. This will be a great place to keep your Domestic stock allocation. 2. Dropping your International exposure is not recommended by most here due to the loss of diversification. Your situation with the Traditional account may trump the reco...
by dwickenh
Thu Jan 31, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 152
Views: 8336

Re: Were you 100% debt free at retirement

I was debt free at 56 and it allowed me to max my 401K and catch up contributions. This is an important time during the last 5-9 years before retirement. It turned out to be a good time to be buying. We pay cash for house and cars now, but don't intend to spend it too often. My wife was a SAHM for m...
by dwickenh
Thu Jan 31, 2019 12:40 pm
Forum: Investing - Theory, News & General
Topic: Wife Social Security when to claim Question ?
Replies: 3
Views: 339

Re: Wife Social Security when to claim Question ?

My opinion would be if you need the cash flow, taking it from an IRA is 100% taxable. If you take the SS 3 months early, that may not be taxable depending on your other income. Even if it is taxed, 85% of it is the maximum taxable amount. If you intend to take it at 66 no matter what happens, I woul...
by dwickenh
Wed Jan 30, 2019 11:40 am
Forum: Personal Investments
Topic: KPP Financial
Replies: 3
Views: 273

Re: KPP Financial

Here is more than you will ever want to know per their sec public disclosure:

https://www.adviserinfo.sec.gov/IAPD/co ... _PK=112414
by dwickenh
Wed Jan 30, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Home Office Deduction
Replies: 9
Views: 660

Re: Home Office Deduction

Publication 587 on business expenses use of your home.

https://www.irs.gov/pub/irs-pdf/p587.pdf
by dwickenh
Wed Jan 30, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Non-Qualified Dividends
Replies: 30
Views: 2009

Re: Non-Qualified Dividends

You are correct, but in the 25 years I had my taxes prepared, and the 15 years I have done my own, this has never been a concern. I just make
sure I am in the 61 day span and all is good:)

Dan
by dwickenh
Wed Jan 30, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Non-Qualified Dividends
Replies: 30
Views: 2009

Re: Non-Qualified Dividends

It's possible that they are not qualified simply because you haven't held the majority of the position long enough. You only need 61 days holding period for the dividend to be qualified. By the way, the Vanguard 1099-DIV do not account for that. I have to do my own personal QDI calculation to adjus...
by dwickenh
Sat Jan 26, 2019 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Do you ever feel overpaid?
Replies: 72
Views: 4394

Re: Do you ever feel overpaid?

Since I am paying myself now, no I don't feel I am overpaid. Before, when I saw some guy down in a ditch repairing water lines, I felt I was a little overpaid for handling customer service concerns. Sometimes, a little perspective helps you realize you have it pretty good.
by dwickenh
Sat Jan 26, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: ACA
Replies: 6
Views: 559

Re: ACA

12,140 is the poverty level for single. His wages would need to be over that in most states to stay out of medicaid. You may want to check with your employer plan to see when he is actually required to get his own coverage. "Depending on the kind of healthcare coverage your parents have, you may los...
by dwickenh
Sat Jan 26, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Pay Cash for Primary Residence?
Replies: 26
Views: 2261

Re: Pay Cash for Primary Residence?

You have the ability to go all in, or compromise. I think you will feel better going all in and having no mortgage. Grabiner's post above really lays it out with common sense ruling instead of emotions. You have this thought out correctly, sometimes you just have to not second guess yourself.
by dwickenh
Fri Jan 25, 2019 10:17 am
Forum: Personal Investments
Topic: Thoughts on this for retirees?
Replies: 9
Views: 907

Re: Thoughts on this for retirees?

Thanks, what would you suggest? Your friend should take his time and get educated enough to know when an investment product is in his best interest, not the salesman's interest. This will take some time reading and learning about what retirement investments are best for him. In 6 months of less, he...
by dwickenh
Fri Jan 25, 2019 10:10 am
Forum: Personal Investments
Topic: Should I sell Tweedy Browne Global Value?
Replies: 10
Views: 734

Re: Should I sell Tweedy Browne Global Value?

Not sure I am any smarter, but I would look for an opportunity to wind it down with minimum tax consequence. Tax loss harvest other losses to apply against the capital gains, or just wind it down over a period of years to realize the gains in a lower tax brkt. That way you can sell some and keep som...
by dwickenh
Thu Jan 24, 2019 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Rule for survivor SS benefits.
Replies: 15
Views: 1094

Re: Rule for survivor SS benefits.

I don't remember hearing about this before. Perhaps it's just "selective perception", because it doesn't apply to us (we both waited until 70, and I took spousal before switching to 'own'). But I've really tried to keep up with SS rules (and others) just to stay informed. And, of course, before we ...
by dwickenh
Thu Jan 24, 2019 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Rule for survivor SS benefits.
Replies: 15
Views: 1094

Re: Rule for survivor SS benefits.

Do you have a link to the blog? Here is the link to the article and thanks for asking!! https://blog.ssa.gov/understanding-spouses-benefits/ It is 82.5%, not 5%. It must be the government shutdown that resulted in no proof readers for the blog. Here is the correct version: "If the deceased worker s...
by dwickenh
Thu Jan 24, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Rule for survivor SS benefits.
Replies: 15
Views: 1094

Re: Rule for survivor SS benefits.

HueyLD wrote:
Thu Jan 24, 2019 2:57 pm
Do you have a link to the blog?
Here is the link to the article and thanks for asking!!



https://blog.ssa.gov/understanding-spouses-benefits/
by dwickenh
Thu Jan 24, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Rule for survivor SS benefits.
Replies: 15
Views: 1094

Rule for survivor SS benefits.

I was reading a blog on the SS.gov website today and came across this information. I was unaware of this stipulation for possible increased survivor benefits for the surviving spouse. When the deceased spouse claims early, it appears there is a provision/rule to take the higher of his/her reduced be...
by dwickenh
Wed Jan 23, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 40
Views: 3696

Re: Your Retirement W/D method and why?

i move money to a money market fund at beginning of the year. I put 3k into checking each month which is my pay check. I also have lumpy expenses of 7k (property taxes, income tax, insurance) which comes from money market. I’ve funded money market from yearly cds (ladder) and now starting to use di...
by dwickenh
Wed Jan 23, 2019 8:59 am
Forum: Personal Investments
Topic: High-Yield Corporate Fund Investor Shares - VWEHX
Replies: 41
Views: 1761

Re: High-Yield Corporate Fund Investor Shares - VWEHX

Do you understand the rating system for bonds? Look at the section entitled "Distribution by Credit Quality" and compare that to other corporate bond funds. Read up on bond funds in general before investing in a fund that is out of the mainstream. My understanding is limited to knowing that its bas...
by dwickenh
Wed Jan 23, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: Article by Paul Merriman
Replies: 26
Views: 3103

Re: Article by Paul Merriman

Dispenses more confirmation bias than wisdom IMO. YMMV. Any chance you could turn that into a couple of solid paragraphs of analysis and perspective so that this might have some real value to me. Right now I just see a dismissive one line comment in response to a very well written article. Cheers I...
by dwickenh
Wed Jan 23, 2019 8:27 am
Forum: Personal Investments
Topic: High-Yield Corporate Fund Investor Shares - VWEHX
Replies: 41
Views: 1761

Re: High-Yield Corporate Fund Investor Shares - VWEHX

Do you understand the rating system for bonds? Look at the section entitled "Distribution by Credit Quality" and compare that to other corporate bond funds. Read up on bond funds in general before investing in a fund that is out of the mainstream. My understanding is limited to knowing that its bas...
by dwickenh
Mon Jan 21, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Is it ever worth purchasing an extended warranty for a vehicle?
Replies: 90
Views: 4872

Re: Is it ever worth purchasing an extended warranty for a vehicle?

Toons wrote:
Mon Jan 21, 2019 1:28 pm
Extended Warranty?
Making money is the objective
And they do,
Pass
:happy
+1 As always direct to the point!!
by dwickenh
Mon Jan 21, 2019 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can I contest a medical bill with doctor's office if insurance says it's not covered?
Replies: 29
Views: 2286

Re: Can I contest a medical bill with doctor's office if insurance says it's not covered?

Definitely call BCBS and contest this lack of coverage. I have had several bills covered by asking for a second look at BCBS IL. I would also question the Drs office on why it was not explained that Insurance would not cover this. Last thing, if all else fails, I would negotiate the amount of the bi...
by dwickenh
Sun Jan 20, 2019 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I cancel earthquake insurance?
Replies: 10
Views: 773

Re: Should I cancel earthquake insurance?

I have not had earthquake insurance since I start insuring my homes in 1974. I always figured if there was an earthquake large enough to damage my rural house, the Feds would be handing out no interest loans like candy. I could be wrong, but it has worked so far!! A zero interest loan still might r...
by dwickenh
Sun Jan 20, 2019 8:46 pm
Forum: Personal Investments
Topic: Saving accounts
Replies: 46
Views: 3538

Re: Saving accounts

I keep excess savings for short term goals in the Vanguard MM account. It is easy to get, pays decent interest, and keeps me from chasing
the latest WOW offer from all of these banks. I do keep a cash account at my local bank that pays 2.07 on checking account.
by dwickenh
Sun Jan 20, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Should I cancel earthquake insurance?
Replies: 10
Views: 773

Re: Should I cancel earthquake insurance?

I have not had earthquake insurance since I start insuring my homes in 1974. I always figured if there was an earthquake large enough to damage my rural house, the Feds would be handing out no interest loans like candy. I could be wrong, but it has worked so far!!
by dwickenh
Sun Jan 20, 2019 8:27 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle's Obituary From The Family
Replies: 48
Views: 15378

Re: Jack Bogle's Obituary From The Family

I believe the disciples of Jack will continue to spread the word or low cost, simple index investing. Mel, Taylor, and the multitude of financial pundits that have taken up his cause are inspiring. I believe that although Jack's body is gone, his spirit and good will will remain in our hearts and mi...
by dwickenh
Fri Jan 18, 2019 11:47 pm
Forum: Personal Investments
Topic: Portfolio Checkup - Please help with my taxable account
Replies: 2
Views: 408

Re: Portfolio Checkup - Please help with my taxable account

Seems that you 103K is in the right place if it is emergency and house down payment money. I wouldn't take more risk on short term money. The retirement funds are fine for the 401K and the Roth. I would go with individual stock index funds(Total US and Total International) in the Taxable instead of ...
by dwickenh
Fri Jan 18, 2019 11:37 pm
Forum: Personal Investments
Topic: Help/Advice/Thoughts
Replies: 19
Views: 1556

Re: Help/Advice/Thoughts

It is ok to feel like you are divorcing your adviser, but he will not take it well as you are a good income stream for him. He will try to talk you out of it by stating how hard it is to do retirement planning. It is not that complicated at all. The more simple your investing becomes, the better for...
by dwickenh
Thu Jan 17, 2019 7:38 pm
Forum: Investing - Theory, News & General
Topic: Dispersion says we’re close to a value cycle (BoAML)
Replies: 5
Views: 1037

Re: Dispersion says we’re close to a value cycle (BoAML)

Even if this analysis has more behind it than you happened to post (i.e. How accurately has dispersion predicted cycle changes in the past - ok, strong negative correlation, but correlations can change, and in the world of investing typically do, no? Is there any reason to expect mean reversion sho...
by dwickenh
Thu Jan 17, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: MMORPG games
Replies: 61
Views: 4944

Re: MMORPG games

But I hear they're coming out with an "Classic" option this summer, where you can play the game essentially as it was circa 2006. I'm definitely going to check that out! Sounds interesting as I quit playing due to complications with game play and I was tired of 12 year olds handing me my lunch!! I ...
by dwickenh
Thu Jan 17, 2019 8:01 am
Forum: US Chapters
Topic: St Louis Bogleheads
Replies: 117
Views: 17090

Re: St Louis Bogleheads

They are still calling for snow on Saturday in St Louis. The forecast may change several time before then. but we have decided to cancel this Saturday's meeting Jan. 19th. We will try to find a date in February that might work at the same location. PM me with any ideas you have for dates or location...
by dwickenh
Wed Jan 16, 2019 9:40 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 49232

Re: John Bogle is dead at 89

I am so happy I got to meet Jack at the Bogleheads in 2017, but I will miss every interview and his uncanny way of making a bond with people. His demeanor and gracefulness were first class. The world has lost a great citizen. Rest in peace Jack and you are already sorely missed.

Dan
by dwickenh
Wed Jan 16, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: HELP and advice
Replies: 11
Views: 715

Re: HELP and advice

Congrats on paying off the prior loan in such a short time. You seem to have worked hard to pay off that liability in a short time. I think there is little doubt that you can afford the house you have found, but it may be hard to take on debt after just paying off a large debt. "The ideal situation ...
by dwickenh
Tue Jan 15, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: MMORPG games
Replies: 61
Views: 4944

Re: MMORPG games

I played a lot of WoW back in the day, mostly because it was the only big MMORPG that ran on a Mac. After all those expansions and rules changes and junk, it just got too... complicated. Which is one of the features and bugs with online games: You have to evolve along with them. But I hear they're ...
by dwickenh
Mon Jan 14, 2019 8:54 am
Forum: US Chapters
Topic: St Louis Bogleheads
Replies: 117
Views: 17090

Re: St Louis Bogleheads

We had an active email thread going for a while but it fizzled out. A Facebook group might be good but I don't know if it would do the same. Here is what the South Bay/San Jose, Calif chapter does to keep in touch & sign up - www.bogleheads.org/forum/viewtopic.php?f=9&t=161711&start=100#p4298056 An...
by dwickenh
Mon Jan 14, 2019 8:53 am
Forum: US Chapters
Topic: St Louis Bogleheads
Replies: 117
Views: 17090

Re: St Louis Bogleheads

We had an active email thread going for a while but it fizzled out. A Facebook group might be good but I don't know if it would do the same. Here is what the South Bay/San Jose, Calif chapter does to keep in touch & sign up - www.bogleheads.org/forum/viewtopic.php?f=9&t=161711&start=100#p4298056 An...