Search found 545 matches

by jpelder
Wed Mar 28, 2018 7:24 am
Forum: Investing - Theory, News & General
Topic: What would you do if you were in charge of a State Pension Fund?
Replies: 36
Views: 2201

Re: What would you do if you were in charge of a State Pension Fund?

Here's what one state treasurer is doing. The $90 billion investor who's out to fire Wall Street ...As the newly elected treasurer of North Carolina, Dale Folwell... As a public employee in North Carolina, I appreciate what Folwell is doing with my pension money. Too many people believe in magic wh...
by jpelder
Mon Jan 22, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Social Security website
Replies: 10
Views: 1146

Re: Social Security website

HueyLD wrote:
Mon Jan 22, 2018 9:01 am
The ssa.gov site is up and running as usual.

However, the mysocialsecurity.gov site is still down, probably due to routine maintenance lasting longer than usual.
Not to mention that the routine maintenance is probably performed by an employee who is "non-essential"!
by jpelder
Mon Jan 22, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 42
Views: 3221

Re: Help Me Spend $900.00 Unused FSA Dollars

Too bad you don't need prescription eyewear, that always takes care of mine... To tack on to the condom suggestion: if you're finished having kids, vasectomy or tubal ligation, if they aren't covered 100% by insurance. Although good luck getting them scheduled before the end of March. Dental work is...
by jpelder
Mon Jan 08, 2018 9:30 am
Forum: Investing - Theory, News & General
Topic: Where is the new tax law?
Replies: 1
Views: 522

Re: Where is the new tax law?

I think they haven't finished all of the regulatory processing yet. AFAIK, you won't even see differences in witholding until February paychecks.

Full text can be found here: https://www.congress.gov/bill/115th-con ... /1/text/eh?
by jpelder
Wed Jan 03, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 154
Views: 11144

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

3100, Bob (in spreadsheet, too)

We're doing 'Price is Right" rules, right?
by jpelder
Fri Aug 25, 2017 3:14 pm
Forum: Personal Consumer Issues
Topic: Eclipse Traffic: predictions vs reality?
Replies: 64
Views: 6227

Re: Eclipse Traffic: predictions vs reality?

I traveled from Charlotte to Brevard, NC. I was initially heading to Greenville SC, but got a late start and discovered the standstill on I85 South. US 74 from Charlotte to Hendersonville and then US 64 from Hendersonville to Brevard was busy, but still moving at the the speed limit as late as 12:30...
by jpelder
Thu Apr 13, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Mixed Feelings - "Investing" in my car
Replies: 6
Views: 1264

Re: Mixed Feelings - "Investing" in my car

Happened to me in December 2015. I got an $800 bonus that month, and drove over a screw. All 4 tires were within about 5,000 miles of needing to be replaced anyway, so I bought 4 new Michelins for about $750. Bye-bye bonus. Meant we didn't have to dip into emergency funds, though
by jpelder
Wed Mar 15, 2017 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Saver's Credit Calculations
Replies: 6
Views: 875

Re: 2017 Saver's Credit Calculations

Another note: the tuition and fees deduction has (so far) not been extended to include tax year 2017, so you're out of luck on that one. Congress may or may not re-up it, but they have not yet

https://www.efile.com/new-tax-breaks-cu ... ired-laws/
by jpelder
Tue Feb 28, 2017 2:48 pm
Forum: Investing - Theory, News & General
Topic: Mom & Pop investors piling in. Bad Sign/Good sign?
Replies: 36
Views: 7976

Re: Mom & Pop investors piling in. Bad Sign/Good sign?

Keep in mind that part of the discipline is not to get greedy when your equity starts to get well above your target. Re-balance per your plan. This is probably the most important thing. "Don't peek" isn't quite right, since you can get over-risked by a big stock market run-up. Pick your asset alloc...
by jpelder
Fri Feb 17, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: Car windshield wipers - go cheap or better?
Replies: 42
Views: 6163

Re: Car windshield wipers - go cheap or better?

In my experience, it depends on your situation If you live in a snowy/icy area, and it's winter or about to be winter, the cheap ones are fine. I've noticed that any wipers will tend to get worn quickly when shoving bits of ice off the windshield, or even just when you detach them to scrape. If it's...
by jpelder
Mon Feb 06, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: VG Corporate bond index funds-anyone use them?
Replies: 9
Views: 1104

Re: VG Corporate bond index funds-anyone use them?

I use Short-Term Corporate Bond Index (VSCSX, only available as Admiral or ETF) as my second-tier emergency fund (which is really the house down payment fund). The share price is a bit more wobbly than the standard short-term bond index (which is mostly treasuries), but it's served me well growth-wi...
by jpelder
Mon Feb 06, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Car totalled. Need advice on which insurance company to file a claim?
Replies: 30
Views: 2973

Re: Car totalled. Need advice on which insurance company to file a claim?

I'll be one more voice to chime in for filing the claim with your insurance company. My wife got rear-ended last summer (car wasn't too badly damaged, just needed new bumper and bumper mount), and we filed with our insurance. We went to State Farm's preferred shop, paid our deductible, and had renta...
by jpelder
Wed Jan 25, 2017 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: ACA, Medicare and possible changes
Replies: 8
Views: 903

Re: ACA, Medicare and possible changes

The President has issued an executive order to "...waive, defer, grant exemptions from, or delay the implementation of any provision or requirement of the Act that would impose a fiscal burden..." (Full text: http://www.cnn.com/2017/01/20/politics/trump-obamacare-executive-order/ ) The associated ex...
by jpelder
Tue Jan 24, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Possbile career moves without college degree
Replies: 39
Views: 4129

Re: Possbile career moves without college degree

If there are QuikTrip (convenience store) locations around where he lives, they are known for having good pay, especially for managers. I believe assistant managers make around $40k per year and store managers make around $60k per year. No college needed, and he'd be on track for a higher position w...
by jpelder
Tue Jan 24, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: NC 401(k) Plan - Brunswick County. Enrolled in Goalmaker investment portfolio (aggressive)
Replies: 37
Views: 2446

Re: NC 401(k) Plan - Brunswick County. Enrolled in Goalmaker investment portfolio (aggressive)

A question for the OP from a fellow state employee in NC: 1: Do you also qualify for the state pension, and if so, how long have you been working for the state? -If yes, and you've been working for the state for about 10 years or more, you should have a full pension coming in 20 years (30 years is f...
by jpelder
Mon Jan 23, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Is this cheating on income tax?
Replies: 21
Views: 4479

Re: Is this cheating on income tax?

workingovertime wrote:Just to confirm... if it is listed on my employer's W-2... it is NOT tax-free, correct?
It may or may not be. See https://www.irs.gov/publications/p970/ch11.html
by jpelder
Mon Jan 23, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Is this cheating on income tax?
Replies: 21
Views: 4479

Re: Is this cheating on income tax?

I think you have to count the tuition reimbursement as taxable income, so the deduction will be partially cancelled by the added income. Check your W2 and paystubs to see if the tuition reimbursement is on there.

NB: I'm not an accountant or tax expert, so this is just a guess
by jpelder
Thu Jan 19, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Lost in Swamp in central Fl
Replies: 27
Views: 3730

Re: Lost in Swamp in central Fl

Hi Cracker32811, Welcome again to the forum. I'll second the other recommendations to put the money in a bank savings account (or accounts) while you decide what to do with it. I'll also second the recommendation to read around the Wiki and Forum here at Bogleheads. I wanted to add another option to...
by jpelder
Thu Jan 19, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Recommendations for radio stations
Replies: 16
Views: 2116

Re: Recommendations for radio stations

There are some great classical music videos on Youtube You can also try some of the streaming stations on Google Play Music. In the menu, there's a "Browse Stations" option, and you can select from a variety of activities, including a "Working-No Lyrics" option. You could also create a station on Pa...
by jpelder
Tue Jan 17, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: How does maxing out Roth IRA work?
Replies: 13
Views: 1729

Re: How does maxing out Roth IRA work?

Another option you have is to use the Backdoor Roth mechanism, since there are no income restrictions on it. It adds a step, but you can go ahead and do it this year instead of having to wait until this time next year
by jpelder
Tue Jan 17, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Disheartening to hear this about Vanguard
Replies: 33
Views: 7089

Re: Disheartening to hear this about Vanguard

To the OP: I've found that this website has poor ratings for every company I can think of. I assume that people say nothing if they're satisfied and complain a lot when something has gone wrong. On that note, you do give up something when you cut costs. I always compare investing with Vanguard to bu...
by jpelder
Fri Jan 13, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 13412

Re: How much do you typically spend in a restaurant?

Depends on the place. For a true date night, or for a birthday/anniversary/other special occasion, we might spend $100-$120 for the two of us (appetizer or two, entrees, wine, maybe dessert). For a "normal" dinner out at a local place (which happens roughly every other week), we'll spend between $40...
by jpelder
Thu Dec 29, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Anything I can do to reduce my taxes for 2016 or future?
Replies: 24
Views: 3334

Re: Anything I can do to reduce my taxes for 2016 or future?

You probably should increase your withholding from your paychecks (or pay more in quarterly estimated taxes if self-employed/living on investment income) by about $1000 per month. I know this wouldn't actually reduce your tax liability, but it would reduce the shock of owing $12000 at the end of the...
by jpelder
Thu Dec 22, 2016 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Looking to Drop Wells Fargo for Online Banking
Replies: 48
Views: 4160

Re: Looking to Drop Wells Fargo for Online Banking

If you are interested in switching B & M banks, I'd recommend PNC if they're in your area. They refund ATM fees and pay 0.9% on savings accounts if you meet certain direct deposit or minimum balance requirements.
by jpelder
Wed Dec 21, 2016 12:24 pm
Forum: Investing - Theory, News & General
Topic: Fortune Article - Vanguard Flexes Its Muscle
Replies: 43
Views: 6165

Re: Fortune Article - Vanguard Flexes Its Muscle

KyleAAA wrote:Are we a cult? I believe the Wells Fargo factoid is correct.
If we're a cult, I want to make T-Shirts! That's what cults do, right?

I do find it incredible that Vanguard funds now own 5% of all publicly traded companies. Pretty cool
by jpelder
Wed Dec 21, 2016 12:22 pm
Forum: Investing - Theory, News & General
Topic: If you were holding another citizenship, would you invest in this?
Replies: 19
Views: 1427

Re: If you were holding another citizenship, would you invest in this?

The lack of insurance coupled with recent instability in Egypt makes me think that it's not a good idea. What are the chances that the current government is once again removed and the successor government decides not to honor the former debts?
by jpelder
Tue Dec 20, 2016 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio
Replies: 11
Views: 1449

Re: Help with portfolio

Since your stable-value fund in the 401k isn't great right now (only 1.5%), you probably ought to use the Vanguard Intermediate-Term Bond Index instead. You could do 80%-90% or so Target 2050 (which will be 90% stocks for the next ten years or so) and the balance Intermediate-Term Bond (or Guarantee...
by jpelder
Tue Dec 20, 2016 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Which international founds would you chose in 403B
Replies: 8
Views: 833

Re: Which international founds would you chose in 403B

I'll deflect the question and tell you to use space in your Roth IRA (if you have one) for your international allocation. Barring that, either one is probably fine. Slight preference for the Vanguard one, but no tangible reason for that
by jpelder
Mon Dec 19, 2016 11:05 am
Forum: Personal Finance (Not Investing)
Topic: When/Whether to Start Thinking About: A Will, Liability Insurance, Umbrella Insurance
Replies: 9
Views: 1650

Re: When/Whether to Start Thinking About: A Will, Liability Insurance, Umbrella Insurance

I doubt you need a will now, but it might not hurt to have a simple one 'just in case' you overlook something later. There are Internet sites where you can get the forms free and low cost software programs which can guide you through the process. These are recognized in most (maybe all?) states, an...
by jpelder
Thu Dec 15, 2016 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Bonehead move - no, really - on a wash sale
Replies: 6
Views: 796

Re: Bonehead move - no, really - on a wash sale

I don't see any problem selling the new shares for a loss. I'm curious how your brokerage shows the wash sale and the disallowed loss. Is it obvious? Can you tell us please? Well, cool. Fidelity does calculate it all out. This is how a portion of my current YTD taxable account looks when I click on...
by jpelder
Tue Dec 13, 2016 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can we convert one credit Card to another within same bank?
Replies: 9
Views: 2126

Re: Can we convert one credit Card to another within same bank?

One of my oldest credit cards is with Citi but I stopped using it since Chase Freedom came out. Now I want to get Citi's %1+1% deal, but I wanted to know if I can ask Citi to convert my old card to that one so I can keep my history without having to apply for another credit card. Has anyone success...
by jpelder
Tue Dec 13, 2016 3:39 pm
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 18851

Re: How old is your vehicle?

Mine is a 2011 Chevrolet Cruze with a measly 62500 miles. Hoping to keep it for 11 years or 120,000 miles, whichever happens first. I'm comfortable with buying new cars and just keeping them an extra couple of years. I don't trust other people's maintenance!
by jpelder
Tue Dec 13, 2016 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable care act vs Just buying insurance in market
Replies: 4
Views: 698

Re: Affordable care act vs Just buying insurance in market

Hi Erik, All policies sold as health insurance in the US currently have to abide by the rules of the ACA, so if you won't qualify for subsidies, then it doesn't matter which route you go, just compare the individual plans. If the plan you're interested in is offered on the exchange for the same pric...
by jpelder
Tue Dec 13, 2016 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Telephoning Vanguard
Replies: 77
Views: 7258

Re: Telephoning Vanguard

Another data point here. Been on hold for 40 minutes and counting. Trying to help my wife with an IRA transfer from another institution to Vanguard. Hey, it's my other personality! My wife spent 20 min on hold yesterday trying to accomplish the same thing. Not sure if she's tried yet today, but I t...
by jpelder
Mon Dec 12, 2016 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Are there advantages to having more than 1 brokerage account?
Replies: 6
Views: 2432

Re: Are there advantages to having more than 1 brokerage account?

Advantages of Multiple Brokerage Accounts -Can use the best brokerage for a given product e.g. Vanguard for low-price standard index funds, TD Ameritrade for X number of free trades on ETFs or individual stocks -Access to money in case of IT or other problem at one firm Disadvantages of Multiple Br...
by jpelder
Sun Dec 11, 2016 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Best/ safest way to access Vanguard account online?
Replies: 16
Views: 2921

Re: Best/ safest way to access Vanguard account online?

1. Don't access your accounts on public WiFi, especially if it is unsecured (no password needed to connect). A wired connection at home is moste secure, but home WiFi with security is adequate. If you are on your smartphone, use cellular data rather than unfamiliar WiFi, as 4G LTE cell signals are e...
by jpelder
Fri Dec 09, 2016 2:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1435190

Re: U.S. stocks in freefall

At least you don't have to buy the stock back at the higher price or do you :confused I sure do! See my post above this one. I had $30k out of the market over the past 30 days while the market had it's most recent run up. I'm hesitant to put it all in next week, the data says do it, my gut says tha...
by jpelder
Thu Dec 08, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: article of interest regarding Vanguard as a monopoly
Replies: 27
Views: 3539

Re: article of interest regarding Vanguard as a monopoly

jpdion wrote:Can I start acting like a robber baron now that I am a "monopolist?"
Top hat and monocle day on the forum tomorrow? I'm in
by jpelder
Thu Dec 08, 2016 3:31 pm
Forum: Personal Consumer Issues
Topic: Frying pan recommendations
Replies: 53
Views: 4592

Re: Frying pan recommendations

I'll chime in for Lodge Cast Iron and Calphalon Stainless Steel. I got my Lodge cast iron skillets from TJ Maxx (they have cosmetic flaws, supposedly). They were $12 each. Even regular price is only about $30, so go nuts. As others have said, they do have a learning curve. A new cast iron skillet wi...
by jpelder
Mon Dec 05, 2016 11:47 am
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 79
Views: 10062

Re: Men's Fashion - Best Bang for Buck

daveatca wrote:LL Bean
Good quality, but their "slim fit" is not. It fits about like your typical department store house brand's regular fit. Bean's regular fit is like a tent on me. I'm tall for my diameter, though
Edited to add: I like LL Bean for sweaters, though. Good, heavy wool that's washable.
by jpelder
Tue Nov 22, 2016 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Invest now or in January?
Replies: 21
Views: 2024

Re: Invest now or in January?

Op here. Thanks to all for weighing in. Looks like I should go for it. But I'm afraid of making a mistake! I was going to wait until the new year just in case interest rates rise. Maybe I should buy all the stocks now and just wait until the new year to buy the bonds. Hmm... P.S. Yes, it will all b...
by jpelder
Mon Nov 21, 2016 3:37 pm
Forum: Personal Consumer Issues
Topic: Any recommendations on washers and dryers?
Replies: 24
Views: 2198

Re: Any recommendations on washers and dryers?

I've heard mostly bad things about top-load HE washers, but I've never used one, so I'm not sure What bad things have you heard? Sure, front loaders are slightly more efficient, but also cost more, which offsets the efficiency savings. What a lot of people do not think about up front is what happen...
by jpelder
Mon Nov 21, 2016 2:23 pm
Forum: Personal Consumer Issues
Topic: Any recommendations on washers and dryers?
Replies: 24
Views: 2198

Re: Any recommendations on washers and dryers?

Get a front-load HE if you want better cleaning, less clothing wear, and less water use, but are OK with spending more upfront Get a top-load conventional if you want the lowest upfront cost and are ok with greater water use and more wear and tear on clothes. I've heard mostly bad things about top-l...
by jpelder
Fri Nov 18, 2016 8:42 am
Forum: Personal Consumer Issues
Topic: Vacation spots on Alabama's Gulf coast
Replies: 27
Views: 3181

Re: Vacation spots on Alabama's Gulf coast

Nova1967 wrote:I believe the culture in Alabama is college football, everything revolves around it.
They say the three most popular religions in Alabama are Baptist, Methodist, and Football. Not necessarily in that order...
by jpelder
Thu Nov 17, 2016 10:35 am
Forum: Personal Consumer Issues
Topic: Vacation spots on Alabama's Gulf coast
Replies: 27
Views: 3181

Re: Vacation spots on Alabama's Gulf coast

I grew up in Mobile, so I'm very familiar with the Alabama Gulf Coast. As other posters have said, Gulf Shores and Orange Beach are more touristy, with high-rise condos, restaurants, bars/nightlife, souvenir stores, and the rest. It will be quieter at this time of year than in, say, mid-March (Sprin...
by jpelder
Thu Nov 17, 2016 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Income too high for Roth, no work 401k
Replies: 8
Views: 1226

Re: Income too high for Roth, no work 401k

He can deduct a Traditional IRA contribution: https://www.irs.gov/retirement-plans/ir ... ion-limits

Edited to add: if his wife has a work plan, she can increase her contribution, as well
by jpelder
Tue Nov 15, 2016 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Buy Admiral Shares with No Minimum Requirements!
Replies: 7
Views: 1938

Re: Buy Admiral Shares with No Minimum Requirements!

That's fun. Does JP Morgan charge you commissions or management fees?

I'm guess the reason is that JP Morgan and the others just buy big batches of Admiral Shares from Vanguard and then do the buying and selling in house. Back-office management of brokerages must be an interesting world
by jpelder
Mon Nov 14, 2016 3:38 pm
Forum: Investing - Theory, News & General
Topic: Is USAA, TIAA-CREF, and Dodge and Cox also non-profit???
Replies: 6
Views: 1699

Re: Is USAA, TIAA-CREF, and Dodge and Cox also non-profit???

USAA has a very odd legal structure, facilitated by Texas Insurance Law. It's essentially not a corporation at all, but simply a group of people who insure one another (See https://en.wikipedia.org/wiki/USAA#Legal_structure). It's not for-profit, but it's not no-profit either. I had no idea that thi...
by jpelder
Mon Nov 14, 2016 12:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1435190

Re: U.S. stocks in freefall

JonnyDVM wrote:Step one: rebalance yet again into international
Step two: hold breath
Step three: see how it's going in 20 years
Protip: don't hold your breath for 20 years, you will die

This thread is fun and informative. Don't ruin it with political posts!