Search found 1114 matches

by dwickenh
Mon May 21, 2018 6:34 am
Forum: Investing - Help with Personal Investments
Topic: 401k investment choices
Replies: 3
Views: 208

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: 737

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: 76
Views: 4368

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: 910

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: 910

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: 3063

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: 2987

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: 762

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: 1765

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: 78
Views: 6717

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: 1194

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: 210

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...
by dwickenh
Wed May 09, 2018 8:12 am
Forum: Investing - Theory, News & General
Topic: Concerned about Total Bond Mkt duration increase?
Replies: 23
Views: 2368

Re: Concerned about Total Bond Mkt duration increase?

While I am slightly miffed that my bond fund has lost value over the past several months, when I compare losses therein to what I shrug off as insignificant "noise" in my stock funds, I check myself and remember that I'll be buying more as interest rates rise. I've also been able to harvest losses ...
by dwickenh
Mon May 07, 2018 9:21 pm
Forum: Investing - Theory, News & General
Topic: Total Bond - SEC yield breaks 3%
Replies: 97
Views: 10548

Re: Total Bond - SEC yield breaks 3%

Worrying about the ST return on this fund probably means that it was too aggressive of a choice. That's certainly possible. Maybe this will help some who've forgotten it realize that a broadly diversified indexed bond fund is not as safe and secure as many believe it to be. If you want safety above...
by dwickenh
Mon May 07, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: Total Bond - SEC yield breaks 3%
Replies: 97
Views: 10548

Re: Total Bond - SEC yield breaks 3%

Worrying about the ST return on this fund probably means that it was too aggressive of a choice. That's certainly possible. Maybe this will help some who've forgotten it realize that a broadly diversified indexed bond fund is not as safe and secure as many believe it to be. If you want safety above...
by dwickenh
Mon May 07, 2018 8:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 56
Views: 8498

Re: St Louis Bogleheads

Great first revival of the St Louis chapter of the Bogleheads. We enjoyed some great stories and shared investing experiences with each of the group adding to the Boglehead way of investing. Thanks to Veiled for getting the first meeting under way and being solely responsible for the "revival". Hope...
by dwickenh
Mon May 07, 2018 7:03 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Check-up and Taxed Account Advice
Replies: 8
Views: 788

Re: Portfolio Check-up and Taxed Account Advice

Your tax advisor? They didn't suggest that you use a California tax-exempt muni bond fund in your taxable account instead of BND? I think that would be incompetent on their part if they did not make that suggestion. If you are going to retire at age 57, then you will most likely have plenty of year...
by dwickenh
Mon May 07, 2018 6:55 am
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 7872

Re: What career for smartest kid in the class?

I retired from Cardiology 13 years ago at age 54. If I were doing it now, I would choose a career other than Medicine. The average med school debt is $195,000, and we have turned physicians into professional students. If you start med school at age 25 and want to be a Cardiology subspecialist, you ...
by dwickenh
Sun May 06, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 42
Views: 4575

Re: Best cash-back credit card right now?

Paypal Mastercard from Syncrony with 2% back on everything and no annual fees.
by dwickenh
Thu May 03, 2018 6:59 am
Forum: Personal Finance (Not Investing)
Topic: New State Farm Coverages
Replies: 23
Views: 2598

Re: New State Farm Coverages

Self-insuring is a better solution for home-related expenses that are guaranteed to occur someday, such as repairing or replacing appliances. A savings account with funds set aside for such lumpy expenses is the perfect method of self-insuring. +1 Insurance companies would normally book a gross pro...
by dwickenh
Thu May 03, 2018 6:51 am
Forum: Investing - Theory, News & General
Topic: "benign valuation reset"
Replies: 1
Views: 240

"benign valuation reset"

An interesting article from Jurrien Timmer at Fidelity: https://www.fidelity.com/viewpoints/market-and-economic-insights/stock-market-analysis-stocks-go-sideways? This was the most interesting part of the article for me: "This strength in earnings is allowing the stock market (so far) to undergo wha...
by dwickenh
Sun Apr 29, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: The "inertia test of performance"
Replies: 2
Views: 422

Re: The "inertia test of performance"

I like it, a benchmark of doing nothing. As a retired guy, I can appreciate doing nothing!! :sharebeer
by dwickenh
Sun Apr 29, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: New car hit accident - loss of dimished value
Replies: 37
Views: 3709

Re: New car hit accident - loss of dimished value

One potential is that the paint may look like a good match now but in five years you will be able to see the difference. Find out how your insurance company and body shop will handle that. +1 My 2000 GMC truck was 1 month old and parked legally when a drunk wiped out the entire driver's side on his...
by dwickenh
Sun Apr 29, 2018 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Newly widowed and waay out of my league
Replies: 41
Views: 5231

Re: Newly widowed and waay out of my league

I am so sorry for your tragic loss. I know this is a very hard time for you. As others have stated, you should not make any major decisions for at least 6 months and perhaps longer. Grieving people go through spells where they are not thinking clearly. This is normal in grief and why it is dangerou...
by dwickenh
Fri Apr 27, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: "Tax-Adjusted Asset Allocation: Is It Necessary?"
Replies: 51
Views: 2657

Re: "Tax-Adjusted Asset Allocation: Is It Necessary?"

I make the assumption that they are my assets until I have to pay taxes. My intent is to never have to pay taxes. I don't see the value in adjusting my asset allocation based on taxes when my allocation addresses risk of loss. Only counting 78% of an IRA as mine indicates I have given up on all tax ...
by dwickenh
Wed Apr 25, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Rising Interest and bond funds
Replies: 19
Views: 2102

Re: Rising Interest and bond funds

The overall expected return of a bond ladder would be exactly the same as an index fund which is a collection of bond ladders. With the ladder, you have no principal risk but you are locked into the lower yield of the original bond. With the index fund, you have principal risk but the yield rises a...
by dwickenh
Tue Apr 24, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Income investing in Taxable
Replies: 17
Views: 1087

Re: Income investing in Taxable

livesoft, Are you saying that Wellesley is not that tax efficient because it owns a portion of dividend-paying stocks? I am 65 and was getting set to have Wellesley Admiral Shares Fund as a core holding due to their excellent longtime returns and low expenses. Wellesley is over 60% bonds and the bo...
by dwickenh
Mon Apr 23, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Surveys
Replies: 44
Views: 2308

Re: Emailed Vanguard Survey from "GfK". Possible spam or phishing?

sport wrote:
Mon Apr 23, 2018 4:38 pm
The next question is how much (of our) money does Vanguard spend paying the survey company and handing out $50 gift cards?
They have my permission to pay for feedback that may improve services to investors.
by dwickenh
Mon Apr 23, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Implementing Assest Allocation Strategy
Replies: 9
Views: 674

Re: Implementing Assest Allocation Strategy

d4ldogger,

You are on the right track- see this link for more info from the Wiki.

https://www.bogleheads.org/wiki/Asset_a ... e_accounts

Best to you,

Dan
by dwickenh
Sun Apr 22, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
Replies: 16
Views: 2031

Re: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?

It is an intriguing idea but I'm not convinced. Did investors understand what they owned when they bought a mutual fund like Magellan? Did investors understand what they owned when they paid into a pension fund? Did investors understand what they owned when they bought a conglomerates like GE in th...
by dwickenh
Sun Apr 22, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: What is a good flat rate cash back credit card?
Replies: 80
Views: 7696

Re: What is a good flat rate cash back credit card?

I use the Paypal Mastercard from Sychrony Bank with 2% back on everything. Works great, no fees. I pay all bills and purchases with this card. I don't like to have 5 different cards for different % purchases of gas, food, theater etc....
by dwickenh
Fri Apr 20, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: Financial "coaching"/consulting certifications?
Replies: 13
Views: 1220

Re: Financial "coaching"/consulting certifications?

You might run your idea past Bogeheads Harry Sit (the oblivious investor) and Rick Van Ness, who operates Financing Life. Both do something like you describe. Harry Sit https://thefinancebuff.com/about Rick Van Ness https://financinglife.org/about-financial-independence/#about-me Paul Paul, I did e...
by dwickenh
Wed Apr 18, 2018 8:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard changing stance on social activism
Replies: 6
Views: 1535

Re: Vanguard changing stance on social activism

I would not sell Wellesley for that reason, and in before the lock
by dwickenh
Tue Apr 17, 2018 8:34 pm
Forum: Investing - Theory, News & General
Topic: Wellesley January Price Drop? Why?
Replies: 27
Views: 3517

Re: Wellesley January Price Drop? Why?

aristotelian wrote:
Tue Apr 17, 2018 7:39 pm
Both stocks and bonds dropped in January due to new that interest rates might rise faster than expected to reduce inflation. Wellesley is made up of stocks and bonds.
Sounds like a good time to buy more!!!
by dwickenh
Mon Apr 16, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8703

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Based on the limited information provided, I would say you are good to go.
by dwickenh
Sat Apr 14, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall advice
Replies: 3
Views: 792

Re: Windfall advice

Congrats on the bonus. #1 do you and spouse actually want and have time for a rental property? In the 24% bracket, you're making pretty good money, saving a lot and you have no debt, so there's no wrong answer in my opinion. #2. When I get bonuses, my ratios (after tax) are: Save/invest 80%, give 1...
by dwickenh
Sat Apr 14, 2018 9:26 pm
Forum: Personal Consumer Issues
Topic: Is it necessary to replace brake fluid on a car every 3 years?
Replies: 56
Views: 4183

Re: Is it necessary to replace brake fluid on a car every 3 years?

I don't think I've ever done it as a routine maintenance operation, however normal car use would cause brake pad service to be required perhaps every 3-5 years. This would normally entail a fluid bleed. Now that I'm retired and putting far fewer miles on my car I'm not likely to do pad service for ...
by dwickenh
Sat Apr 14, 2018 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: "Volatility is Back"
Replies: 5
Views: 735

Re: "Volatility is Back"

Thanks Taylor for posting this!!

Great quotes to calm the nerves.

Best to you,

Dan
by dwickenh
Sat Apr 14, 2018 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at the end of 2018 at age 59?
Replies: 31
Views: 5614

Re: Can I retire at the end of 2018 at age 59?

Hello, It appears that you need 3 years to get to your pension. You are estimating a need for 125,000 to 145,000 before taxes as annual expenses. Your 1,000,000 portfolio will reasonable supply (at 4% withdrawal rate) about 40,000 per year. Over the first 3 years, you will need to supply 85,000 to 1...
by dwickenh
Sat Apr 14, 2018 7:30 am
Forum: Personal Finance (Not Investing)
Topic: lifetime gift tax exemption
Replies: 4
Views: 398

Re: lifetime gift tax exemption

My guess would be since all gifts over the 14,000 thresh hold require a filing, the 100,000 would reduce any future inheritance limit. If tax law was reduced to 100,000, then the one time gift would fill the limit and any additional estate funds/value would be subject to the inheritance tax at death.
by dwickenh
Thu Apr 12, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: States with tax-friendly policies for dividends/LTCG
Replies: 16
Views: 2122

Re: States with tax-friendly policies for dividends/LTCG

The Hall tax in TN is being phased out at a rate of 1% per year and in 2022 TN will join the few other states that have no personal income tax at all. http://www.tennessean.com/story/news/politics/2016/05/20/gov-bill-haslam-signs-hall-income-tax-cut-repeal-into-law/84044810/ https://taxfoundation.o...
by dwickenh
Tue Apr 10, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: SPIA Return - Am I calculating this correctly?
Replies: 72
Views: 2949

Re: SPIA Return - Am I calculating this correctly?

This method is not covering a longevity risk so there are no mortality credits to boost the return over time. I would take 650,000 and put it into a lifestrategy fund with 40 stocks/60 bonds and draw the 4000 per month from that. You would very likely end up with money left over when you started SS ...
by dwickenh
Tue Apr 10, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: A thought exercise
Replies: 2
Views: 440

Re: A thought exercise

Would you feel differently if you would have been up 5% or 10% by cashing out? I also have fun with pretend portfolios to see what would have happened, but I never change course on the real thing.
by dwickenh
Mon Apr 09, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: Gardening 2018
Replies: 45
Views: 3658

Re: Gardening 2018

I planted seeds of lettuce and spinach this week in above ground planters outside. I am in the St Louis area so it is cool here, but some plants actually like the cool weather :D I also planted onion bulbs this week in the garden. I still have the asparagus covered and will likely move the straw nex...
by dwickenh
Mon Apr 09, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: And yet another example why Vanguard is a 4th tier firm in regard to customer service…
Replies: 20
Views: 1878

Re: And yet another example why Vanguard if a 4th tier firm in regard to customer service…

Not as of yet. Then again, I haven't changed my password in 9 years. :mrgreen: If your password is sufficiently complex there really is no reason to change it unless you think someone has compromised it. I haven't changed mine in years either. Doesn't the use of 2 factor authentication relieve you ...
by dwickenh
Sun Apr 08, 2018 9:47 pm
Forum: Personal Consumer Issues
Topic: How would you rotate these tires?
Replies: 20
Views: 1699

Re: How would you rotate these tires?

I would replace the 3 worn tires with the two new on the rear, the 8/32 and other new one on the front until the next rotation. 4/32 is 1/32 from being illegal in some states. 5/32 is asking for trouble in wet road conditions.
by dwickenh
Sun Apr 08, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: Bogle: Warren Buffett gave me a surprise shoutout at Berkshire meeting
Replies: 10
Views: 1963

Re: Bogle: Warren Buffett gave me a surprise shoutout at Berkshire meeting

Jack Bogle is the best thing that has happened to investors and likely the worst thing for those wishing to relieve us of our gains.

Thanks Jack for being such a great gentleman.

Dan
by dwickenh
Sun Apr 08, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Living off of LTCG Distributions of $500k
Replies: 4
Views: 707

Re: Living off of LTCG Distributions of $500k

Anyway to get 45,000 after taxes (which I can live on) by investing $500k ? As long as you stay in the 15% (12% next year) tax brkt(including the 45,000 LTCG), and can get a consistent 9% return, you can get 45,000 from 500,000.00. Please note this will not be easy and will likely be much less cons...
by dwickenh
Sun Apr 08, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: If you want an actively managed fund, which one would you use?
Replies: 70
Views: 4895

Re: If you want an actively managed fund, which one would you use?

Toons wrote:
Sat Apr 07, 2018 8:46 pm
Any Wellington managed fund.
:happy
+1 (within reasonable expense ratio)
by dwickenh
Sun Apr 08, 2018 4:01 pm
Forum: Forum Issues and Administration
Topic: Are my posts missing or being deleted?
Replies: 14
Views: 2001

Re: Are my posts missing or being deleted?

I think the 2nd screen is what you see if you "submit" but someone has posted in the interim. You're given the chance to amend your post, or hit submit again. I've missed the notice more than once and my post was lost. As a result I've learned to pay a bit more attention and read the prompts. Hope ...