Search found 1544 matches

by DaleMaley
Fri Apr 21, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: Building your own fence
Replies: 35
Views: 2401

Re: Building your own fence

back in 2011, my son and I built a couple hundred feet of cedar fence at his Bolingbrook house. He had to get a building permit, and follow the fence design rules. What made his job so difficult was the gravel and big rocks, that started just 6 inches below the surface. He refused to follow my advic...
by DaleMaley
Wed Apr 19, 2017 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 82
Views: 6155

Re: Did anything surprise you in your 2016 taxes?

I U.S. mailed in my 2016 tax return in early March. This week, I got a notice saying I owed the IRS $2800 :( I studied the IRS notice, and figured out the $2800 was the amount I said I wanted from my 2015 tax refund to be applied to 2016 taxes. It never got applied, so that is why I got the $2800 ta...
by DaleMaley
Fri Mar 24, 2017 6:22 am
Forum: Investing - Theory, News & General
Topic: AA after reaching your "freedom number"?
Replies: 39
Views: 4055

Re: AA after reaching your "freedom number"?

Here is my old chart showing the actual asset allocation of vanguard investors, and TIAA-CREF investors, plus a 2007 Bogleheads poll. There is a Business Week survey as well. The data suggests these groups of people do reduce their stock allocation as they age. I have stuck with my 60:40 AA in retir...
by DaleMaley
Sat Feb 18, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Confusing Vanguard 1099-Div tax forms
Replies: 9
Views: 1210

Re: Confusing Vanguard 1099-Div tax forms

Today, when I logged into Vanguard's web site............they have a big notice about getting 2 tax forms. I must not have been the only one who was confused about this.........

Image
by DaleMaley
Tue Feb 14, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Confusing Vanguard 1099-Div tax forms
Replies: 9
Views: 1210

Re: Confusing Vanguard 1099-Div tax forms

Sorry LiveSoft.........I guess I am a creature of habit. Since 1990, I have always got just one 1099-Div from Vanguard..........and it was consolidated for all mutual funds held at Vanguard. I did not see any emails from Vanguard about this.......and Turbotax gave me no prompt about 2 1099-s from Va...
by DaleMaley
Tue Feb 14, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Confusing Vanguard 1099-Div tax forms
Replies: 9
Views: 1210

Confusing Vanguard 1099-Div tax forms

My wife's account got "upgraded" last year to a brokerage account. She got 2 sets of 1099-Div forms. One form says "Consolidated Accounts" ....but it turns out it is not really a Total vanguard consolidated form. I called Vanguard. Seems that if your account was upgraded during 2...
by DaleMaley
Tue Jan 10, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 18733

Re: How Bad was 2008, really?

http://i67.tinypic.com/2z5rfbp.jpg The Tech Wreck was excruciating.....with 3 years of declining markets. It seemed like it would never end at the time. The Sub-Prime Loan crash was more sheer panic that the whole system would collapse. The Great Depression Diary by Benjamin Roth is a great read. I...
by DaleMaley
Sat Dec 31, 2016 8:47 am
Forum: Personal Consumer Issues
Topic: What's your usual retirement day like ?
Replies: 201
Views: 43329

Re: What's your usual retirement day like ?

I am just finishing year #1 of retirement. I never thought I would be busier during retirement than when I was working! Last January through April, with bad weather outside here in the Midwest, I did a combination of things indoors: -did woodworking projects (making family gifts for the next Christm...
by DaleMaley
Sat Dec 17, 2016 5:57 pm
Forum: Personal Consumer Issues
Topic: Old Tools
Replies: 19
Views: 2868

Re: Old Tools

There is a Youtube video for just about everything under the sun...........I checked and sure enough there is one showing how the old nail puller works. Start at the 3:00 minute mark for the nail puller demo...

https://www.youtube.com/watch?v=wC5HgUU9TeU
by DaleMaley
Sat Dec 17, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: Millionaire's Asset Allocation
Replies: 8
Views: 2056

Re: Millionaire's Asset Allocation

I haven't updated my chart since 2009, but I doubt the AA's have changed significantly since then. This chart includes data from several different sources, including Vanguard investors. It shows the people do reduce their allocation to stocks as they age. http://i65.tinypic.com/2ymjgbm.jpg
by DaleMaley
Sat Dec 17, 2016 12:42 pm
Forum: Personal Consumer Issues
Topic: Old Tools
Replies: 19
Views: 2868

Re: Old Tools

For certain jobs, you just can't beat an old nail puller. Recently my 32 year old son was totally amazed when he saw me use an nail puller that probably belonged to my grandfather on the farm. Just be careful and don't get your finger pinched while handling it or using it :) Below is a picture of a...
by DaleMaley
Fri Dec 16, 2016 9:51 am
Forum: Investing - Theory, News & General
Topic: What do you think is in more of a bubble right now?
Replies: 57
Views: 6959

Re: What do you think is in more of a bubble right now?

I profess to having no ability to predict bubbles, so I stick with my 60:40 asset allocation.

I made this chart back in 2014 to illustrate typical bubbles:

Image
by DaleMaley
Sun Oct 09, 2016 8:33 am
Forum: Personal Consumer Issues
Topic: Retirees: What are your passions?
Replies: 56
Views: 6999

Re: Retirees: What are your passions?

1. Time with grandchildren
2. Woodworking
3. Volunteering on community improvement projects
4. Local town history
5. Researching and writing local town history books, giving history talks to community groups
6. Stained glass
7. Construction home improvement projects on children's homes
by DaleMaley
Sun Oct 02, 2016 10:14 am
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 14441

Re: How Did You Become A Boglehead? What Led You Here?

This is a copy of the 2007 post I made about the same topic................https://www.bogleheads.org/forum/viewtopic.php?t=5411&highlight=venita In the late 1970's, I used to go over to my friends house and I noticed a Money magazine laying out in his brother's room. I thumbed through it....it ...
by DaleMaley
Sun Sep 18, 2016 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Keys to a Successful Retirement
Replies: 55
Views: 7521

Re: Keys to a Successful Retirement

I believe that if all Americans followed the above suggestions that applied to them, the retirement problem would effectively go away, i.e. more than 90% of American households could maintain their pre-retirement living standard in retirement. About 20%-25% of the population would have a standard o...
by DaleMaley
Tue Aug 23, 2016 6:22 am
Forum: Personal Consumer Issues
Topic: Vanguard email - You don't have enough money to pay for a recent trade
Replies: 6
Views: 1373

Re: Vanguard email - You don't have enough money to pay for a recent trade

The Vanguard rep told me that the first accounts to be "upgraded" are ones where there are non-Vanguard holdings (other funds or common stocks). Eventually, all accounts will be upgraded. I have many family members who use Prime Money Market checks infrequently. They will be impacted when ...
by DaleMaley
Tue Aug 23, 2016 6:18 am
Forum: Personal Consumer Issues
Topic: Vanguard email - You don't have enough money to pay for a recent trade
Replies: 6
Views: 1373

Re: Vanguard email - You don't have enough money to pay for a recent trade

I had a more serious problem with the Vanguard change, they bounced my check to the County to pay my property taxes!! I posted my problem here...... https://www.bogleheads.org/forum/viewtopic.php?f=1&t=192805 When the change was made to the account, I didn't realize that after 60 days, Vanguard ...
by DaleMaley
Tue Aug 09, 2016 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Are any Bogleheads financial advisors on the side?
Replies: 21
Views: 3038

Re: Are any Bogleheads financial advisors on the side?

Here is a previous 2007 conversation about the same topic...........

viewtopic.php?f=10&t=6724
by DaleMaley
Tue Jun 07, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: New settlement fund issues
Replies: 3
Views: 869

Re: New settlement fund issues

Called vanguard this afternoon. And they are bouncing our money market check, because the account was upgraded more than the 45-day limit. Once they receive our form requesting a new checkbook on the Settlement account, they will send us a new check book. I told the Vanguard Rep that I sure missed t...
by DaleMaley
Tue Jun 07, 2016 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: New settlement fund issues
Replies: 3
Views: 869

Re: New settlement fund issues

"The settlement fund Beginning later in 2016, Vanguard Federal Money Market Fund will be the only money market fund you can use to settle brokerage trades. Vanguard Brokerage selected this fund for retail accounts because it's open to all investors and won't have fees and gates. Also, after co...
by DaleMaley
Tue Jun 07, 2016 7:08 am
Forum: Investing - Help with Personal Investments
Topic: New settlement fund issues
Replies: 3
Views: 869

New settlement fund issues

My wife's account had a forced upgrade because she owns one non-Vanguard mutual fund. This upgrade took place a few months ago. I didn't notice anything unusual with the change. We write large checks against the Prime Money Market fund to pay stuff like annual property tax, annual insurance bill, or...
by DaleMaley
Mon Jan 25, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: What was the 2000 crash like in real time?
Replies: 65
Views: 6592

Re: What was the 2000 crash like in real time?

Here's my view of stock market returns over my investing career. First was the glorious 1980's, with 18% compounded annual returns :D http://i64.tinypic.com/23hvvxe.jpg Then the 1990's were just as good with 18% compounded returns again :D :D http://i68.tinypic.com/2crrp6b.jpg Then March of 2000 sta...
by DaleMaley
Mon Jan 18, 2016 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Selling house, disappointed in realtors. Am I expecting too much?
Replies: 23
Views: 3832

Re: Selling house, disappointed in realtors. Am I expecting too much?

I moved 3 times (different states) in 4.5 years and all were corporate moves. I batted 67% on the quality of the real estate people I dealt with (2 out of 3 were ok). The 1 bad one was my 1st move back in 94. The relocation company called a guy in our small town that used to do 80% of the business, ...
by DaleMaley
Sun Dec 27, 2015 4:49 pm
Forum: Investing - Theory, News & General
Topic: Has the Asset Allocation of Bogleheads changed?
Replies: 2
Views: 1433

Has the Asset Allocation of Bogleheads changed?

I was recently asked to update my historical results, and see if the AA of Bogleheads has changed over time. Back in circa 2010, I researched and found several sources of AA versus age for large sample sizes. This led me to produce the following chart using this data: http://i65.tinypic.com/ifd27k.j...
by DaleMaley
Fri Dec 11, 2015 12:29 pm
Forum: Personal Consumer Issues
Topic: Advice for Encouraging Parents to Declutter Home?
Replies: 38
Views: 3317

Re: Advice for Encouraging Parents to Declutter Home?

My mother got rid of all the stuff from her 4 kids by giving it to them for Christmas gifts. I know of another case where the son would never take his old books, so dad boxed them up and US mailed them to him. With regards to old photographs, ask them to label the people in the photos because you wa...
by DaleMaley
Sun Nov 22, 2015 8:47 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2015!
Replies: 236
Views: 38392

Re: Roll Call for the Retirement Class of 2015!

I also got "an offer I couldn't refuse" early retirement incentive.

Officially retired 12/31/2015, but last working day is Dec 9th......because I am using up vacation days.

Looking forwards to spending more time on my many hobbies, and enjoying new grand-children.

Thanks
by DaleMaley
Sat Oct 31, 2015 1:53 pm
Forum: Personal Consumer Issues
Topic: Low-cost and low-maintenance hobbies?
Replies: 69
Views: 8648

Re: Low-cost and low-maintenance hobbies?

There is a similar posting from Summer of 2014 about hobbies and their cost... https://www.bogleheads.org/forum/viewtopic.php?t=142794 I will repeat my 2014 posting........ My main hobby is woodworking. The good thing about woodworking, once you make the investment in the main power tools, then the ...
by DaleMaley
Sun Oct 11, 2015 6:40 pm
Forum: Personal Consumer Issues
Topic: Old Tools
Replies: 19
Views: 2868

Re: Old Tools

For certain jobs, you just can't beat an old nail puller. Recently my 32 year old son was totally amazed when he saw me use an nail puller that probably belonged to my grandfather on the farm. Just be careful and don't get your finger pinched while handling it or using it :) Below is a picture of an...
by DaleMaley
Mon Sep 28, 2015 6:13 am
Forum: Investing - Theory, News & General
Topic: Death Probability Calculator and "matching"
Replies: 25
Views: 2651

Re: Death Probability Calculator and "matching"

A fancier version of my chart.......... http://i57.tinypic.com/2jbny3k.jpg From the article Retiring And Living Well In An Age Of Longevity , SEPTEMBER 1, 2015 • RUSS HILL, Financial Advisor Magazine http://www.fa-mag.com/news/retiring-and-living-well-in-an-age-of-longevity-22879.html?section=47
by DaleMaley
Mon Jul 20, 2015 5:46 am
Forum: Personal Consumer Issues
Topic: How do I fix a hole in this wooden door?
Replies: 42
Views: 4536

Re: How do I fix a hole in this wooden door?

I would also vote for a new door. There are lots of ways to fill the damaged area, but the resultant finish will be smooth, and not match the existing wood grain......that is why you will find most people that recommend the patch job assume you will paint over it. If you don't want to mess with hang...
by DaleMaley
Sun Jul 19, 2015 6:47 pm
Forum: Personal Consumer Issues
Topic: How do I fix a hole in this wooden door?
Replies: 42
Views: 4536

Re: How do I fix a hole in this wooden door?

I would also vote for a new door. There are lots of ways to fill the damaged area, but the resultant finish will be smooth, and not match the existing wood grain......that is why you will find most people that recommend the patch job assume you will paint over it. If you don't want to mess with hang...
by DaleMaley
Mon Jul 13, 2015 6:06 am
Forum: Personal Finance (Not Investing)
Topic: What's lining up to be the next big bubble?
Replies: 34
Views: 3539

Re: What's lining up to be the next big bubble?

I don't know how to predict future bubbles, but it is fun to look at the typical characteristics of past bubbles.......

Image

I don't see anything right now that fits the typical descriptors of a bubble right now.......... :D
by DaleMaley
Sun May 10, 2015 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Frugality Reinforced - The Millionaire Next Door
Replies: 84
Views: 15559

Re: Frugality Reinforced - The Millionaire Next Door

I read the millionaire next door book quite a few years ago and really enjoyed it. I still run across people that are "all hat and no Cattle" :) I have been pretty frugal my whole life, keeping my vehicles until they hit 250,000 miles for example. my 1974 John Deere riding lawn just starte...
by DaleMaley
Sat May 09, 2015 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2015 update locked program
Replies: 2
Views: 678

Quicken 2015 update locked program

Quicken has released a version update for 2015. I went ahead and clicked to accept the update. The update errored out, with an error message. I thought ok, I will just ignore finishing the update until some future date...............but then quicken would not start up....because each time I tried to...
by DaleMaley
Tue May 05, 2015 5:32 pm
Forum: Investing - Theory, News & General
Topic: Best Time of Year to Rebalance Portfolio?
Replies: 54
Views: 9592

Re: Best Time of Year to Rebalance Portfolio?

I choose to review my financial plan........and with it my asset allocation........in late december each year. I also update my instructions to my wife if I die before her at the same time. Based upon the late December review, I rebalance in early January, if rebalancing is needed. As others have po...
by DaleMaley
Sat May 02, 2015 7:16 am
Forum: Forum Issues and Administration
Topic: Oh yuck, what just happened to the font?
Replies: 65
Views: 8328

Re: Oh yuck, what just happened to the font?

control-shift-r just worked on my chrome browser...........thanks..............dale
by DaleMaley
Mon Apr 13, 2015 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Engineering as a career for a graduating HS student ?
Replies: 60
Views: 6294

Re: Engineering as a career for a graduating HS student ?

I'm still working in my 38th year as an Agricultural Engineer, which is basically a Mechancial Engineer with some agricultural engineering classes. My son is an Electrical Engineer, and is in his 8th year of working. The first two years of college are about the same regardless of engineering major, ...
by DaleMaley
Sun Apr 05, 2015 7:32 am
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 407
Views: 63938

Re: Do you think Ric Edelman is correct, never pay dow mortg

Let's say I decided to follow this advice in 1928. I own my home outright after many years and I am now comfortably retired, having depleted my human capital. However, I decide to take out a mortgage for the value of my home and invest the loan amount in the stock market. The following year, the ma...
by DaleMaley
Sat Apr 04, 2015 7:55 am
Forum: Investing - Help with Personal Investments
Topic: No AA for the wealthy ?
Replies: 25
Views: 3162

Re: No AA for the wealthy ?

Anyone contemplating a 100% allocation to stocks might want to read Benjamin Roth's Diary of the Great Depression..... http://tinyurl.com/omfuvaa This is the only eyewitness account of someone living through the Great Depression that I know of, with respect to the impact on business people and profe...
by DaleMaley
Fri Apr 03, 2015 6:58 am
Forum: Investing - Theory, News & General
Topic: Did you learn anything from 2008?
Replies: 105
Views: 12195

Re: Did you learn anything from 2008?

I stayed the course in the Tech Wreck years with a 90:10 stock to bond ratio. That was a long 3-year ride that was not much fun. In January of 2008, I switched to 60:40, because I was lucky enough not to need as much risk anymore. I learned that a 60:40 portfolio is a much easier ride down and back ...
by DaleMaley
Mon Mar 23, 2015 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: To MBA or Not to MBA
Replies: 37
Views: 5864

Re: To MBA or Not to MBA

In my 37 years of industry experience, a Master's in Engineering does not give near the reward an MBA does.

A Phd in engineering automatically gets you moved up the food chain of engineering when you start work, but a MS doesn't do much for you.
by DaleMaley
Mon Mar 23, 2015 6:17 am
Forum: Personal Finance (Not Investing)
Topic: To MBA or Not to MBA
Replies: 37
Views: 5864

Re: To MBA or Not to MBA

After working for about 9 years as an engineer in a Fortune 50 cyclic company, I almost got laid off in one of the periodic down turns. Since the company paid most of the cost of a night-class MBA, I decided to pursue the MBA.......so if I did get laid off in the future, I would be better qualified ...
by DaleMaley
Thu Feb 26, 2015 7:27 am
Forum: Investing - Theory, News & General
Topic: Is it actually impossible to time market crashes?
Replies: 56
Views: 5318

Re: Is it actually impossible to time market crashes?

I don't know how to predict the next bubble, but it is fun to look back at the common themes of the last major bubbles:

Image
by DaleMaley
Tue Feb 24, 2015 7:08 am
Forum: Personal Consumer Issues
Topic: How do you plan on spending your time during retirement?
Replies: 43
Views: 4134

Re: How do you plan on spending your time during retirement?

I plan on continuing my many hobbies when I retire: 1. Woodworking -continue to make new woodworking projects and give them to family members as Christmas gifts -continue to maintain or remodel houses of family members -learn a new skill each year. Last year was making ink pens and using Kokomo glas...
by DaleMaley
Tue Feb 24, 2015 6:57 am
Forum: Personal Finance (Not Investing)
Topic: How much did you have saved up for retirement at age 30?
Replies: 173
Views: 19634

Re: How much did you have saved up for retirement at age 30?

My net worth at age 30 was $98,000 in 1985.............which is $212,000 in 2014 dollars. When I got out of college and starting working as an engineer, I saved anywhere from 15% minimum to a maximum of 25% of gross pay. When I started investing in 1979, inflation was in double-digits, the prime int...
by DaleMaley
Mon Feb 16, 2015 7:32 am
Forum: Personal Consumer Issues
Topic: Rental Car Prices - is this the new normal ?
Replies: 89
Views: 11430

Re: Rental Car Prices - is this the new normal ?

My company has a deal with National, and it is ok to rent cars for vacation using the same deal. I have done this many times and it is a pretty good deal. Someone dented one of my rental cars on vacation, and I did not know it even happened until I returned the car. National tried to hassle me abou...
by DaleMaley
Sun Feb 15, 2015 8:48 am
Forum: Personal Consumer Issues
Topic: Rental Car Prices - is this the new normal ?
Replies: 89
Views: 11430

Re: Rental Car Prices - is this the new normal ?

My company has a deal with National, and it is ok to rent cars for vacation using the same deal. I have done this many times and it is a pretty good deal. Someone dented one of my rental cars on vacation, and I did not know it even happened until I returned the car. National tried to hassle me about...
by DaleMaley
Tue Feb 03, 2015 6:47 am
Forum: Investing - Theory, News & General
Topic: Farmland investing
Replies: 35
Views: 4923

Re: Farmland investing

I grew up on a farm in Central Illinois. I have checked land prices in our area clear back to 1900. Our local weekly newspaper has a history section, and it often has a story about how much land sold for. Most of the time I plug in the historic land price, and the appreciation rate just about matche...
by DaleMaley
Sat Jan 17, 2015 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2015 for Windows - Any reviews?
Replies: 117
Views: 26976

Re: Quicken 2015 for Windows - Any reviews?

I bit the bullet and upgraded to 2015 Deluxe. I got it for $37 from 50% off deal that shows up when I started Quicken 2012. Everything seems ok with 2015 Deluxe. I had to screw around and get the register font size and color set close to what I am used to. At least it is pretty easy to change these....
by DaleMaley
Tue Jan 13, 2015 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Get ready for lower SWR
Replies: 13
Views: 2314

Re: Get ready for lower SWR

Longer life excpectancies always seems to be a popular topic. A couple years ago, to satisfy my own curiousity, I plotted the change in life expectancy over time. I got my data from several sources, I don't remember the exact sources now: http://i59.tinypic.com/nz990.jpg So yes, the advent of modern...

Go to advanced search