Search found 813 matches

by dwickenh
Sun Dec 10, 2017 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Can/Should early retiree avoid ACA tax credits?
Replies: 16
Views: 828

Re: Can/Should early retiree avoid ACA tax credits?

My wife and I would be paying over 30,000 this year without subsidies. I have never taken a government handout in my life. This is part of the tax code, and I have taken full advantage of the tax laws my whole life. This is no different. I do not feel "dirty" or soiled by this act. Your own moral va...
by dwickenh
Sun Dec 10, 2017 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Build credit or pay in full
Replies: 6
Views: 150

Re: Build credit or pay in full

Just bought a new car, put 20+% down and financing over 3 years My credit score is good, but at 32 I’d like to build my credit even more Should I pay off the loan ASAP or make the payments to benefit my credit. I have the money already I was thinking of doing double the amount per month and financi...
by dwickenh
Sun Dec 10, 2017 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 67
Views: 3641

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

There is so much wisdom on this site, I’m hoping to tap into it yet again. My DH and I have been married for 10 years and have one DD, age 8. Although we have plenty of advantages (both college educated, good jobs, etc) we still are what I would call bumbling through life and rudderless. Part of th...
by dwickenh
Sun Dec 10, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: What mix of intermediate and short term bonds?
Replies: 25
Views: 988

Re: What mix of intermediate and short term bonds?

Delaying SS and living off a small pension and my taxable account. I have VSCSX (short term corporate bond) in my taxable account for withdrawals. In my IRA I have 50/50 in Total bond and IT corporate bond. My intent is to not draw from the IRA for 7 + years at 70 1/2. The daily changes in this acco...
by dwickenh
Sun Dec 10, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Question- 401K Rollover to IRA or Keep in 401K
Replies: 4
Views: 178

Re: Retirement Question- 401K Rollover to IRA or Keep in 401K

The expenses in the existing 401K and investment choices matter. I moved my 401K to an IRA for investment choices and ability to access withdrawals in a more efficient manner. He needs to be comfortable moving to a low cost brokerage that he can direct himself with a simple 3 fund portfolio. If he t...
by dwickenh
Sun Dec 10, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Help with ACA problem
Replies: 7
Views: 688

Re: Help with ACA problem

She is not intentionally misrepresenting her income. Due to circumstances too lengthy to describe here are the reasons she won't make the minimum necessary. If she applies for ACA with a subsidy for next year and yet again overestimates her income, are there consequences? There are no penalties ass...
by dwickenh
Tue Dec 05, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Thanks! We just let our VG PAS advisor go...
Replies: 6
Views: 1290

Re: Thanks! We just let our VG PAS advisor go...

The truth will set you free.......

Best wishes for continued success,

Dan
by dwickenh
Fri Dec 01, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3050

Re: I'm 100% international with VEU. Is this wise?

I find it real funny that folks think it is perfectly OK to have 100% of your stocks in US equities but accuse someone who is 100% international of being a gambler. US stocks haven't been this expensive since 1999/2000.. Look how that turned out. Also notice how i said 100% *OF* stocks not 100% sto...
by dwickenh
Fri Dec 01, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3050

Re: I'm 100% international with VEU. Is this wise?

Were you 100% last year, or are you just 100% now due to this years great returns? Actually, I have been 100% since summer 2015. I tax lost harvested EOY 2015 after it went down a bit. Converted from VXUS -> VEU. I was early, but over the past year the stock has started to pop. I'm going to continu...
by dwickenh
Fri Dec 01, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advice Needed
Replies: 16
Views: 1123

Re: Financial Advice Needed

Assuming you have other income that comes in the form of a paycheck that is deposited into a checking account, I would substitute the cash for purchases you normally make with a check, or a debit or credit card. For example, pay cash for gasoline, rather than a card. The same with groceries, or Wal...
by dwickenh
Fri Dec 01, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3050

Re: I'm 100% international with VEU. Is this wise?

Were you 100% last year, or are you just 100% now due to this years great returns?
by dwickenh
Wed Nov 29, 2017 8:13 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 157
Views: 13717

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Good article outlining the positives and negatives of this investment.

https://wealthyaccountant.com/2017/11/2 ... lles-heel/
by dwickenh
Tue Nov 28, 2017 10:30 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 157
Views: 13717

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Did you expect someone of Jack's experience to support a crypto currency that has ballooned in value over a short period of time. This is one of those stories that the "happily ever after" is not known until the end of the book. I would be shocked if he did recommend it!! I don't expect ANY financi...
by dwickenh
Tue Nov 28, 2017 10:24 pm
Forum: Personal Consumer Issues
Topic: Considering Building Gaming PC - Good Builds/Price Points?
Replies: 34
Views: 2240

Re: Considering Building Gaming PC - Good Builds/Price Points?

brad.clarkston wrote:
Tue Nov 28, 2017 8:51 pm
slayed wrote:
Tue Nov 28, 2017 8:45 pm
I would just spend $300 and pick up a Playstation 4, unless there are specific games that you want to play that are not available on console. Otherwise a PC just for gaming doesn't make much sense.
There's about a billion people that disagree with that statement, me included.
+1
by dwickenh
Tue Nov 28, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone use FutureAdvisor ?
Replies: 4
Views: 565

Re: Anyone use FutureAdvisor ?

Simple is much better than complicated. It needs to look hard for you to need their help. I have a free FutureAdvisor account just to see their take on investing. I am not impressed.

Best to you,

Dan
by dwickenh
Tue Nov 28, 2017 10:11 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 157
Views: 13717

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Did you expect someone of Jack's experience to support a crypto currency that has ballooned in value over a short period of time. This is one of those stories that the "happily ever after" is not known until the end of the book. I would be shocked if he did recommend it!!
by dwickenh
Tue Nov 28, 2017 10:08 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 63
Views: 4628

Re: 2018 Goals - Financial or Otherwise

1. Make it through the year without any recurrences for my wife

2. Make it through the year with ACA Healthcare and get one year closer to Medicare.

3. Enjoy 2 months in Florida with my wife and friends.
by dwickenh
Tue Nov 28, 2017 10:04 pm
Forum: Investing - Theory, News & General
Topic: The impact of expenses - a call for creativity
Replies: 19
Views: 1264

Re: The impact of expenses - a call for creativity

Try the Finra site for examples of expenses on returns over different investment periods.

http://apps.finra.org/fundanalyzer/1/fa.aspx
by dwickenh
Tue Nov 28, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Toilet tank not refilling
Replies: 5
Views: 641

Re: Toilet tank not refilling

Take the tank lid off when it fails to fill and have a look. I've seen two kinds of floats - older ones where the float is on a lever, and newer where the float is concentric to the overflow tube that runs up from the inlet. Are those floats moving freely? I've had them jam. The valves frequently h...
by dwickenh
Sun Nov 26, 2017 8:01 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9245

Re: What did you do right?

I worked extra hours in management to allow my wife to stay home and raise our 4 children. She did this by choice and we have been thankful for the great adults we have raised. There are no guarantees with children, but her love helped get them on the right footing for life. After the children were ...
by dwickenh
Sat Nov 25, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: the psychology of a taxable account
Replies: 29
Views: 2571

Re: the psychology of a taxable account

When you have to pay capital gains taxes, you will decide that the money is "untouchable" as well. :) If you don't believe that investing tax-efficiently in a taxable account will well exceed the interest you pay on your mortgage (before tax and after tax), then it seems that you do not understand ...
by dwickenh
Sat Nov 25, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: Bond fund duration(s) in retirement
Replies: 16
Views: 1329

Re: Bond fund duration(s) in retirement

Let's assume that an investor approaching retirement, or in the first few years of retirement, uses bond funds for the bond portion of his or her asset allocation. Let's also assume, for the moment, that (s)he accepts the view that intermediate-term (IT) bonds (or bond funds) represent the best dur...
by dwickenh
Sat Nov 25, 2017 3:14 pm
Forum: Personal Consumer Issues
Topic: Charcoal grill
Replies: 18
Views: 1483

Re: Charcoal grill

My neighbor has a Traeger Pellet Smoker that is great. Control from a smart phone, set exact temp and time. Too expensive for my taste, but I love to eat his cooking. Runs from 450 to 1000 at Lowes and Home Depot.
by dwickenh
Sat Nov 25, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17323

Re: The fallacy of spending money on "experiences" vs hard assets

Per your last sentence, you hate vacations so it makes sense that you don't see the value in experiences. I believe experiences don't always have to be vacations. You may want to broaden your thinking on experiences for a better outcome.

Dan
by dwickenh
Fri Nov 24, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my portfolio and savings
Replies: 7
Views: 816

Re: Please critique my portfolio and savings

Welcome !!!

Two questions and one note.

Why so much cash?
How much are you contributing yearly and to what accounts

You should edit the post to show the names of the funds, not just the ticker symbols.

Smart people(not me) will answer intelligently with some more information.

Dan
by dwickenh
Fri Nov 24, 2017 7:47 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 8758

Re: Why does everyone keep increasing their international stock %?

livesoft wrote:
Thu Nov 23, 2017 9:26 pm
I think the main reason for recent increases is chasing performance. After all, international funds have finally outperformed US funds in 2017. It may be time to start rebalancing out of international funds for that reason.
+1 or just not chase performance in the first place!
by dwickenh
Fri Nov 24, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 15940

Re: Anyone tired of the stock market going up?

Sure I am sick it keeps going up. My wife and I are just relying on the market for our current living expenses while delaying SS. I would much rather it go down( since I am no longer actively contributing) and lose sleep worrying about keeping our medical premiums paid, utility bills paid, and food ...
by dwickenh
Thu Nov 23, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: Anybody paint?
Replies: 5
Views: 710

Re: Anybody paint?

I paint cars, but probably not what you were looking for!!!

Dan
by dwickenh
Thu Nov 23, 2017 4:48 pm
Forum: Local Chapters and Bogleheads Community
Topic: A Thanksgiving to Remember: A Bit of Bogleheads History
Replies: 20
Views: 2095

Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Thanks for posting Mel, and thanks for signing the book for me at the conference. I really enjoyed listening to your stories concerning your own history.

Happy Thanksgiving and best to you,

Dan
by dwickenh
Thu Nov 23, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advisory service?
Replies: 22
Views: 1510

Re: Fidelity Portfolio Advisory service?

Vanguard Advisory(PAS) would my choice if my significant other did not want to handle the investments in my absence. It is inexpensive, filled with inexpensive index funds, and they will not try to up sell you to expensive management/funds. .30 expense is much less that most actively managed funds f...
by dwickenh
Thu Nov 23, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Bucket or Rebalance ?
Replies: 17
Views: 1375

Re: Bucket or Rebalance ?

In the past I have kept two years of basic expenses (about $100K) in Vanguard's Money Market Fund. I am considering putting the money in my four fund portfolio and withdrawing my annual expenses in January by rebalancing instead of keeping that much cash. My asset allocations is 50/50. Good idea? B...
by dwickenh
Wed Nov 22, 2017 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds or Money Market?
Replies: 13
Views: 1720

Re: Bonds or Money Market?

If stocks go south, a good high quality bond fund will usually appreciate beyond its yield in time. A MM fund will stay with the yield and not provide any positive ballast past the yield. At least that is what has happened in the past.......
by dwickenh
Wed Nov 22, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned parent :(
Replies: 56
Views: 7290

Re: Concerned parent :(

I think some discussion is warranted. I graduated with a degree that didn't help me earn a living. Ended up with a technical certificate for programming. I agree with Dottie57, discussion is a plus on field of study. Too many worthless degrees out there today. I don’t think learning for the sake of...
by dwickenh
Wed Nov 22, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Concerned parent :(
Replies: 56
Views: 7290

Re: Concerned parent :(

2) Guide him into a field of study that has a strong expected ROI for the money invested in education. Great post, but I disagree with this. Let them do whatever they want. Make sure they know what they're getting in to in terms of debt and income. I think some discussion is warranted. I graduated ...
by dwickenh
Tue Nov 21, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25760

Re: Why not take Social Security at 62

My wife and I took it @62 and never looked back. I have no idea how long I'm going to live but I know what my expenses are today. Glad I did! Can you elaborate? Does this mean you needed SS to cover your current expenses? Was this decision made more from emotion than calculation? You never looked b...
by dwickenh
Tue Nov 21, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 up 1.85% in first four days of 2017
Replies: 13
Views: 2449

Re: S&P 500 up 1.85% in first four days of 2017

Trying to remember my guess for the S&P at years end=- does anyone remember the name of the post where we guessed?
by dwickenh
Tue Nov 21, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25760

Re: Why not take Social Security at 62

Here's a different way to look at the problem: Delay Social Security to age 70 and Spend more money at 62 . What about the 8 years of compounding you are giving up by moving 272,000 from portfolio to 1% savings account. That might make some difference in the calculation. If that is addressed in the...
by dwickenh
Tue Nov 21, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25760

Re: Why not take Social Security at 62

Here's a different way to look at the problem: Delay Social Security to age 70 and Spend more money at 62 . What about the 8 years of compounding you are giving up by moving 272,000 from portfolio to 1% savings account. That might make some difference in the calculation. If that is addressed in the...
by dwickenh
Tue Nov 21, 2017 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25760

Re: Why not take Social Security at 62

Here's a different way to look at the problem: Delay Social Security to age 70 and Spend more money at 62 . What about the 8 years of compounding you are giving up by moving 272,000 from portfolio to 1% savings account. That might make some difference in the calculation. If that is addressed in the...
by dwickenh
Tue Nov 21, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25760

Re: Why not take Social Security at 62

I am taking the earliest I can. Several factors has made our decision easier. 1. The rates are based on actual life expectancies and is adjusted for any changes so according to statistics it will be hard to beat the grim reaper. Look at obituaries, what I have seen is over 50% are less then 80 year...
by dwickenh
Tue Nov 21, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Concerned parent :(
Replies: 56
Views: 7290

Re: Concerned parent :(

2) Guide him into a field of study that has a strong expected ROI for the money invested in education. Great post, but I disagree with this. Let them do whatever they want. Make sure they know what they're getting in to in terms of debt and income. I think some discussion is warranted. I graduated ...
by dwickenh
Tue Nov 21, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: OP UPDATE:Car Accident- challenge getting funds for repairs by responsible party/insurer
Replies: 28
Views: 1552

Re: Car Accident- challenge getting funds for repairs by responsible party/insurer

99.9999999% of the time it makes sense to go through your insurance company because they work for you. It's not as if your insurance company doesn't know you filed a claim with another company. All that information will be tied to your VIN#. I don't understand the hesitancy of using your insurance ...
by dwickenh
Sun Nov 19, 2017 6:09 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5760

Re: How much do you budget for vacation?

PFInterest wrote:
Sun Nov 19, 2017 3:24 pm
investing1012 wrote:
Sun Nov 19, 2017 10:04 am
How much do you budget for vacation?
What my wife asks for.
+1 :sharebeer
by dwickenh
Sun Nov 19, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Contemplating offer on a house with SolarCity lease
Replies: 23
Views: 2016

Re: Contemplating offer on a house with SolarCity lease

I don’t like the idea of assuming responsibility for the remainder of a 20 year lease I probably would not have entered into myself. Anybody here “in the know” about SolarCity leases and able to alert me of what to look out for? According to SolarCity website, there are three options: 1. Seller buy...
by dwickenh
Sun Nov 19, 2017 9:31 am
Forum: Personal Consumer Issues
Topic: Insurance claim - what is my obligation?
Replies: 11
Views: 1039

Re: Insurance claim - what is my obligation?

Was the settlement check for the full amount of the loss? If so, I am not sure why they are requesting the damaged mattress. Insurance companies are entitled to the salvage of damaged products- The insurance company gets the "salvage" of a totaled vehicle in your example. I have found that most comp...
by dwickenh
Sun Nov 19, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 105
Views: 11966

Re: The valet smashed my Tesla into a brick wall!

There is often a state statute for Diminished value claims. This is most often involved in 3rd party claims like yours. Most 1st party claims do not have diminished value unless forced by state law. I would google "diminished value law for the state where the loss occurred. Diminished value will onl...
by dwickenh
Sat Nov 18, 2017 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2888

Re: What we don't know

Maybe view it like this - On average, a casino comes out ahead. Every once in a while, someone gets lucky and really takes them to the cleaners (maybe that is bitcoin right now, maybe not?). Investing in low cost index funds is like choosing to be the casino. Choosing ala carte stocks or high price...
by dwickenh
Sat Nov 18, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Advice
Replies: 15
Views: 1899

Re: Retirement Advice

The easiest and least expensive way for your father to get financial advice would be for him to post on this forum. Using Laura's format for asking questions will give folks the background to be most helpful. Asking Portfolio Questions For a book on the subject, I recommend How to Make Your Money L...