Search found 132 matches

by Dontridetheindexdown
Tue Jul 28, 2020 8:10 am
Forum: Forum Issues and Administration
Topic: Bogleheads type forum for discussion of current events?
Replies: 14
Views: 1165

Re: Bogleheads type forum for discussion of current events?

You may, or may not, enjoy https://marginalrevolution.com/ The reader comments are, at times, interesting, informative, or enlightening. "Marginal Revolution is the blog of Tyler Cowen and Alex Tabarrok, both of whom teach at George Mason University. MR began in August of 2003 and there have been ne...
by Dontridetheindexdown
Fri Jul 24, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Take the entire IRA SPIA (annuity) as income?
Replies: 44
Views: 1778

Re: Take the entire IRA SPIA (annuity) as income?

Have you considered Roth conversions of the remainder that would otherwise be invested in your Taxable accounts? No additional tax expense for doing so and you avoid ongoing taxes due to dividends and capital gains over the 30 year plan horizon. Cheers Wow, excellent tactic! During these pre-RMD ye...
by Dontridetheindexdown
Thu Jul 23, 2020 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Take the entire IRA SPIA (annuity) as income?
Replies: 44
Views: 1778

Re: Take the entire IRA SPIA (annuity) as income?

gasdoc, Here is our planned approach (currently aged 69+66) to tax-deferred investments: We have evaluated annuities (100% to survivor) both level and inflation adjusted. We have also evaluated RMDs. Instead, each of us plan to take 30 year level payments from our tax-deferred investments beginning ...
by Dontridetheindexdown
Fri Jul 17, 2020 9:29 pm
Forum: Personal Consumer Issues
Topic: Optimal dish replacement scheme
Replies: 29
Views: 1868

Re: Optimal dish replacement scheme

One of the best restaurants ever (Dorothy's in Georgetown, MA) served outstanding food on randomly mismatched plates and silverware.

I am not at all sure that your guests will notice, or care, whether your plates all match.

If the food and the company are delightful, your guests will be entranced!
by Dontridetheindexdown
Fri Jul 17, 2020 5:33 pm
Forum: Investing - Theory, News & General
Topic: When does it make sense to stop contributing to your investment nest egg?
Replies: 15
Views: 1958

Re: When does it make sense to stop contributing to your investment nest egg?

The short answer is NEVER! I know people whose only retirement income consists of Social Security Old Age annuity who still manage to save money every month. I also know people whose monthly income is many times their monthly expenses, who also continue to invest. If you ever stop living below your ...
by Dontridetheindexdown
Fri Jul 17, 2020 9:59 am
Forum: Personal Investments
Topic: Vanguard VUSXX
Replies: 11
Views: 1354

Re: Vanguard VUSXX

Like you, we also maintain "substantial holdings in Vanguard Money Market Treasury Fund due to ... old age and no need for risk." From my perspective, your wording, and your logic, are perfect! We maintain 50% stable assets, using Vanguard Treasury Money Market Fund (VUSXX) in taxable and TSP G Fund...
by Dontridetheindexdown
Mon Jul 13, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: No more SEC Yield display?
Replies: 8
Views: 697

Re: Morningstar: No more SEC Yield display?

I'm looking at SEC Yield in Morningstar My View right now.

Try toggling between Tracking and My View.

For all it's data richness, sometimes you need to flush twice on their site to get the view you want.
by Dontridetheindexdown
Tue Jul 07, 2020 10:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund
Replies: 75
Views: 5857

Re: Vanguard Prime Money Market Fund

VBIRX is also an excellent vehicle.

I advocated for, and was successful, in placing my in-laws home equity proceeds in VBIRX.

Might be the best choice ever!
by Dontridetheindexdown
Tue Jul 07, 2020 9:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund
Replies: 75
Views: 5857

Re: Vanguard Prime Money Market Fund

We still use Vanguard Treasury Money Market (use any available equivalent) for taxable stable assets (and TSP G Fund for tax-deferred stable assets). Regardless of inflation, deflation, stagflation, or noflation, a dollar is still a dollar. In the past, we used FDIC-insured accounts for taxable stab...
by Dontridetheindexdown
Fri Jun 26, 2020 8:16 pm
Forum: Personal Investments
Topic: What day of the week is best for a weekly investment in a Roth IRA?
Replies: 27
Views: 1881

Re: What day of the week is best for a weekly investment in a Roth IRA?

Raymond,

You are 100% correct.

My Mom only ever had a savings account, and she did just fine.
by Dontridetheindexdown
Fri Jun 26, 2020 6:16 pm
Forum: Personal Investments
Topic: What day of the week is best for a weekly investment in a Roth IRA?
Replies: 27
Views: 1881

Re: What day of the week is best for a weekly investment in a Roth IRA?

You should always, and only, invest on days ending in "y."
by Dontridetheindexdown
Thu Jun 25, 2020 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Side hustle: How to get paid?
Replies: 26
Views: 2470

Re: Side hustle: How to get paid?

Also be sure to fund a SEP-IRA with those earnings!
by Dontridetheindexdown
Mon Jun 22, 2020 7:06 pm
Forum: Personal Consumer Issues
Topic: "Snow Guard" for metal roof: A must or "Hogwash" or a "Hill of Beans"??
Replies: 33
Views: 1664

Re: "Snow Guard" for metal roof: A must or "Hogwash" or a "Hill of Beans"??

We have several steel roofs, no snow guards, no gutters.

We just let the snow and ice slide off.

Yes, if you stand under the edges on a sunny day you could be hit with sheets of ice.

On an agricultural property, there are many more dangers than ice sliding off a roof.
by Dontridetheindexdown
Sun Jun 21, 2020 11:08 am
Forum: Personal Consumer Issues
Topic: Tipping Tree Trimming
Replies: 62
Views: 2954

Re: Tipping Tree Trimming

We had a similar-sized tree job done earlier this spring. I tipped each of 3 workers $50 and the foreman/climber $100 (all bills were folded, no amounts showing). We also had an ice chest full of Gatorade and water for them, and we served 2 large "everything" pizzas at noon. All 4 men were surprised...
by Dontridetheindexdown
Wed May 27, 2020 9:06 pm
Forum: Investing - Theory, News & General
Topic: Are we better off now than Dec 2018?
Replies: 264
Views: 20815

Re: Are we better off now than Dec 2018?

We are not better off than DEC 2018, we are down 6 figures despite significant investment/re-investment. Nevertheless, we are staying the course. We are comfortable with our asset allocation, and we continue to invest/re-invest. We believe that market forces (the vector-sum efforts of individuals an...
by Dontridetheindexdown
Wed May 27, 2020 8:44 pm
Forum: Personal Investments
Topic: If not 3 fund, whats your strategy ?
Replies: 66
Views: 4445

Re: If not 3 fund, whats your strategy ?

Since you asked... Yes, I agree the 3-fund portfolio (actually 2 fund, VTSAX and VBTLX are all you need) with individual asset allocation, is right for most folks. DW and I are Bogleheads in so many ways - live modestly, invest assiduously, re-balance regularly, stay the course. Right now, we are 48...
by Dontridetheindexdown
Sun May 24, 2020 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with Mother-In-Law
Replies: 31
Views: 3989

Re: What to do with Mother-In-Law

gasdoc, We have always enjoyed, and respected your posts. Learning of your parental situation increases our appreciation of you. Right now, you are in what my DW (retired physiologist) would describe as homeostasis. I would strongly consider retiring, and staying right where you are. There is little...
by Dontridetheindexdown
Fri May 08, 2020 9:39 pm
Forum: Personal Investments
Topic: College age kid wrecked his car...
Replies: 113
Views: 6291

Re: College age kid wrecked his car...

Here is another option:

College-age kid buys whatever he can afford to drive, using money he earns or borrows.

You and your wife get on with your lives, as best you can.

Everybody lives happily ever after.
by Dontridetheindexdown
Sat Apr 18, 2020 8:20 pm
Forum: Personal Investments
Topic: How safe is my stable value fund?
Replies: 6
Views: 735

Re: How safe is my stable value fund?

It is very safe. Stable value funds are the unrecognized, unappreciated working-class heroes of the 401(k) world. I no longer have access to a stable value fund, so the 50% of my portfolio in "stable assets" is invested in tax-deferred TSP G Fund (1.97% last 12 months) and taxable (at the federal, n...
by Dontridetheindexdown
Thu Apr 09, 2020 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5702

Re: Mortgage payoff - Am I crazy?

Yes, by all means pay it off and don't look back.

You will never regret paying off your mortgage, trust me on this.

There is no better feeling in the world than to know you only need to pay for monthly and annual expenses - food, fuel, utilities, property taxes.
by Dontridetheindexdown
Wed Apr 08, 2020 9:30 pm
Forum: Investing - Theory, News & General
Topic: Sources of detailed financial data on stocks
Replies: 15
Views: 508

Re: Sources of detailed financial data on stocks

SEC filings via EDGAR.

Learn how to read them and prosper, or languish.
by Dontridetheindexdown
Tue Apr 07, 2020 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Rural Home: Getting Hardwired?
Replies: 39
Views: 2679

Re: Rural Home: Getting Hardwired?

We paid about that much 10 years ago, to switch from satellite internet to a predecessor company of Atlantic Broadband. It was well worth the money, and far less than the capital costs for our electric service, our water system, or our sewage system. Atlantic Broadband is the most reliable public ut...
by Dontridetheindexdown
Mon Mar 23, 2020 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Receiving dividend and feeling good
Replies: 33
Views: 2691

Re: Receiving dividend and feeling good

Of course dividends are not "free money."

They are return of profits to shareholders who accept the risk.
by Dontridetheindexdown
Mon Mar 23, 2020 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Receiving dividend and feeling good
Replies: 33
Views: 2691

Re: Receiving dividend and feeling good

Agree 100%! At this time, we live on mailbox money (Social Security, modest pensions, annuity), and we re-invest all dividends (taxable, tax-deferred, and Roth). Yes, we pay tax on our dividends in taxable - a very wise man once told me you are not making money until you go 50/50 with the government...
by Dontridetheindexdown
Thu Mar 19, 2020 11:33 am
Forum: Personal Investments
Topic: Sitting on 1.2M. What to do...?
Replies: 24
Views: 3807

Re: Sitting on 1.2M. What to do...?

Question for those who say keep sitting: Should we all follow and cash out our investments to “sit” as well? If it’s best for the OP to stay out of the market, should we all do so? No, of course you should not cash out. OP cashed out near the top. If you like your asset allocation, by all means kee...
by Dontridetheindexdown
Wed Mar 18, 2020 10:37 pm
Forum: Personal Investments
Topic: Sitting on 1.2M. What to do...?
Replies: 24
Views: 3807

Re: Sitting on 1.2M. What to do...?

I would stay right where you are and re-evaluate 6 months from now. You are in an excellent position! This could take a long time to turn around. Meanwhile, you could withdraw 30 or 40 thousand a year for the next 40 or 30 years if you need the money. Alternatively, you could withdraw 24 thousand a ...
by Dontridetheindexdown
Mon Mar 16, 2020 9:25 pm
Forum: Personal Investments
Topic: I need some (honest) reassurance of my portfolio
Replies: 31
Views: 2567

Re: I need some (honest) reassurance of my portfolio

You are doing great! Stay the course if you possibly can do so. Only thing I would add, as the previous poster suggested, perhaps U.S. more than international, and perhaps stable assets rather than bonds. On a muddy track, bet on the big horse. I've been investing for more than 40 years. This is the...
by Dontridetheindexdown
Mon Mar 16, 2020 8:37 pm
Forum: Personal Investments
Topic: 5/25 and Annual Rebalancing -> Recommendation
Replies: 15
Views: 748

Re: 5/25 and Annual Rebalancing -> Recommendation

I have greatest respect for you, KlangFool. Our re-balance band is somewhat higher. We re-balanced from 67% equity/33% stable assets on 01 DEC 19 to 55/45 by 01 JAN 20. Due to market movement we were at 53/47 01 FEB 20, 50/50 01 MAR 20, and 49/51 equity/stable assets last weekend (15 MAR 20). We typ...
by Dontridetheindexdown
Mon Mar 16, 2020 7:55 pm
Forum: Personal Investments
Topic: Selling Even With Huge Tax Costs?
Replies: 9
Views: 655

Re: Selling Even With Huge Tax Costs?

Same here, we are about where we were a year ago.

Wishing all of you the best, stay the course!
by Dontridetheindexdown
Mon Mar 16, 2020 7:50 pm
Forum: Personal Consumer Issues
Topic: Are you in the mood to buy anything?
Replies: 62
Views: 5126

Re: Are you in the mood to buy anything?

Continuing to buy equities each month using automatic dividend reinvestment.

If or when our equities stop paying dividends, then automatic reinvestment will stop.
by Dontridetheindexdown
Mon Mar 16, 2020 1:50 pm
Forum: Personal Consumer Issues
Topic: Split tops of thumbs--ouch!
Replies: 18
Views: 1168

Glycerin - cheap and effective

Just spread glicerin on the affected areas, or even on your entire hands. Your situation is a 1st, 2nd, and especially 3rd world problem. Glycerin is cheap and it works. Best results are to leave it on until it dries, like before you go to bed, and stretch your arms out over your head until you fall...
by Dontridetheindexdown
Sat Mar 14, 2020 7:26 pm
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 26676

Re: Who is staying course and how are you dealing with net worth going down?

Yes, absolutely staying the course! Between 01 MAR and 15 MAR, our equities are down 4%, and our asset allocation moved from 50/50 stable assets/equities to 51/49 stable assets/equities. The salient reason our equities are down only 4% is that on 10 MAR we automatically reinvested this month's divid...
by Dontridetheindexdown
Fri Mar 13, 2020 2:29 pm
Forum: Personal Investments
Topic: 21 years old, sitting on a pile of cash and no liabilities. What would you do?
Replies: 28
Views: 2394

Re: 21 years old, sitting on a pile of cash and no liabilities. What would you do?

You are well-positioned to FIRE. In my opinion, 1.5M is the MINIMUM amount to retain in stable assets as you go forward. I really like GIC's, I also like Vanguard Treasury Money Market Fund (VUSXX). If you keep the 1.5M as ballast, you can stomach the vicissitudes of the market. I invested my usual ...
by Dontridetheindexdown
Mon Mar 09, 2020 8:30 pm
Forum: Personal Investments
Topic: Anyone buying oil/energy sector?!
Replies: 56
Views: 5209

Re: Anyone buying oil/energy sector?!

Yes, delighted to reinvest quarterly Chevron (CVX) dividends tomorrow at lowest price in almost 5 years. Also bought additional Vanguard Treasury Money Market Fund (VUSXX) tonight at lowest interest rate in history. CVX protects against inflation (too many dollars chasing too few goods). VUSXX prote...
by Dontridetheindexdown
Thu Feb 27, 2020 9:20 pm
Forum: Personal Investments
Topic: Million in Cash, Buy in? What would you do?
Replies: 78
Views: 6837

Re: Million in Cash, Buy in? What would you do?

Jon, I am neither a bull nor a bear (no one can predict the future) but I would definitely not sell the VTSAX at a loss right now to buy bonds. Monthly movements of a few percent are quite common. In truth, I will not even consider buying bonds for at least the next 10 to 12 months. I really like yo...
by Dontridetheindexdown
Thu Feb 27, 2020 2:47 pm
Forum: Personal Investments
Topic: Million in Cash, Buy in? What would you do?
Replies: 78
Views: 6837

Re: Million in Cash, Buy in? What would you do?

I would put the cash into a stable asset, such as Vanguard Treasury Money Market Fund (VUSXX). Then buy perhaps 50 thousand each week of VTSAX until you reach a "sleep well at night" allocation. With a family, and no significant income stream, I would not be more than 40% stock/60% stable asset at t...
by Dontridetheindexdown
Sun Jan 26, 2020 10:10 pm
Forum: Personal Consumer Issues
Topic: BlackTux - buy your rental?!
Replies: 8
Views: 831

Re: BlackTux - buy your rental?!

Styles change, bodies change.

With the rental, you always wear the preferred style, and you always have a perfect fit.
by Dontridetheindexdown
Sun Jan 26, 2020 9:55 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing: Do you set a limit?
Replies: 31
Views: 2062

Re: Rebalancing: Do you set a limit?

When equities increase to 66% of our holdings, we re-balance to 55% equities and 45% stable assets (Treasury Money Market and TSP G Fund). Typically, our equities appreciate at a higher rate than our stable assets, so we purchase stable assets on a fairly regular basis. When equities fall, we someti...
by Dontridetheindexdown
Sat Jan 25, 2020 3:26 pm
Forum: Investing - Theory, News & General
Topic: Oil and Gas - Book recommendations
Replies: 35
Views: 2716

Re: Oil and Gas - Book recommendations

The Color of Oil: The History, the Money and the Politics of the World's Biggest Business by Michael J. Economides and Ronald E. Oligney
by Dontridetheindexdown
Fri Jan 03, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Medical school at 34 - Is this financial suicide?
Replies: 116
Views: 10506

Re: Is this financial suicide?

Go for it and don't look back.

I know several people who completed Medical School in mid-career and succeeded.

You owe it to yourself to pursue this opportunity.

You are well-positioned to do this, and you are certainly young enough to withstand the physical challenge.
by Dontridetheindexdown
Mon Dec 30, 2019 1:43 pm
Forum: Personal Investments
Topic: Ignorance is Bliss
Replies: 17
Views: 3439

Re: Ignorance is Bliss

Excellent advice from Rus In Urbe: "Keep earning and saving and investing ... Let the magic of compound interest make money for you." Just so we all understand, OP's TSP " 'Uniformed' account ... 50/50 split between C and S funds" is essentially equivalent to Total U.S. Market index, with low ER. Si...
by Dontridetheindexdown
Mon Dec 30, 2019 12:38 pm
Forum: Personal Investments
Topic: Ignorance is Bliss
Replies: 17
Views: 3439

Re: Ignorance is Bliss

You are doing most everything exactly right! You are using civilian and military TSP wisely - if you can maintain this strategy you are on track for a comfortable, secure retirement. I retired from the military before TSP, and then retired Federal 18 years later, filling the TSP limit each year (the...
by Dontridetheindexdown
Sat Dec 21, 2019 12:28 pm
Forum: Personal Consumer Issues
Topic: RESOLVED: Wife needs new Wine Fridge / Chiller: we don't buy wine expensive enough that it needs to be aged...
Replies: 53
Views: 3504

Re: Wife needs new Wine Fridge / Chiller: we don't buy wine expensive enough that it needs to be aged...

We have been using a $50 temperature controller for the past 20 years. You can plug any household refrigerator into the controller, and the controller has a probe that goes into the refrigerator from the back. You set the controller to whatever temperature you want. Wife keeps her "wine fridge" at 4...
by Dontridetheindexdown
Sun Dec 15, 2019 8:30 pm
Forum: Investing - Theory, News & General
Topic: Margin interest deduction with personal loan?
Replies: 11
Views: 580

Re: Margin interest deduction with personal loan?

The accounting is fairly straightforward: If you have income from investments, then margin interest on those investments (cost of those investments) will decrease, and perhaps offset the income from those investments. If you have interest income from a loan you made to someone else, then expenses as...
by Dontridetheindexdown
Fri Nov 29, 2019 1:37 pm
Forum: Personal Investments
Topic: Invest cash in conservative manner until next recession
Replies: 119
Views: 10771

Re: Invest cash in conservative manner until next recession

We use Vanguard Treasury Money Market VUSXX. VUSXX returns about 10% more than savings accounts. Also, VUSXX dividends are not subject to state income tax, so it returns an additional 5.75% for us. It is not FDIC insured, so there are no account limits to consider. I believe U.S. Treasuries are the ...
by Dontridetheindexdown
Wed Nov 27, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: New job opportunity, tough decision
Replies: 54
Views: 4189

Re: New job opportunity, tough decision

You are on track for retirement, you bought a house for less than 2.5 times annual income, and you have a secure job with maximum flexibility. I would not trade your position for 3 times the salary, and definitely not for a manufacturing (production) environment. From my perspective (12 years retire...
by Dontridetheindexdown
Tue Nov 19, 2019 9:18 pm
Forum: Personal Investments
Topic: Tsp question
Replies: 6
Views: 510

Re: Tsp question

Total amount you can contribute DOES NOT INCLUDE agency contributions. You can contribute 19,000 for 2019 and 19,500 for 2020, and 6,000 additional for 2019, 6,500 additional for 2020 if you are age 50 or older. Contrary to what others have stated, this is IN ADDITION TO any agency contributions. If...