Search found 1457 matches

by sperry8
Mon Feb 19, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 86
Views: 6740

Re: Single People and Retirement Question

I'm not an early retiree--I like my job, it is low stress, etc--but will be retiring in about 4 years now. I've started to do some general planning, and the finances are in very good shape. My work as an academic has been all consuming for about 40 years--graduate studies, then in this university f...
by sperry8
Fri Feb 16, 2018 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help Managing Some CD Cash
Replies: 6
Views: 418

Re: Need Help Managing Some CD Cash

Hi Everybody, I have a 5 year CD ladder, and assuming that rates were on the rise a couple months back, I put the maturing CD (back in September) into an Ally 1-year 'no penalty' CD @ 1.50% for a while to see what happens. (my ladder is a little loose in that I typically renew within a 6-mo. window...
by sperry8
Fri Feb 16, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help Managing Some CD Cash
Replies: 6
Views: 418

Re: Need Help Managing Some CD Cash

Hi Everybody, I have a 5 year CD ladder, and assuming that rates were on the rise a couple months back, I put the maturing CD (back in September) into an Ally 1-year 'no penalty' CD @ 1.50% for a while to see what happens. (my ladder is a little loose in that I typically renew within a 6-mo. window...
by sperry8
Sun Feb 11, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: Do you think it is worth the money to travel to warm weather destinations during the winter?
Replies: 77
Views: 6320

Re: Do you think it is worth the money to travel to warm weather destinations during the winter?

You may want to consider signing up for some airline or hotel credit cards so you can earn miles and get those costs down significantly.
by sperry8
Wed Feb 07, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5777

Re: How to stop mail from former occupants?

From my experience, it will never stop. Sorry. If you're getting catalogues, you should be able to contact the senders one by one to unsubscribe (or try Catalog Choice). If anyone has had success here, I'd love to know about it. Catalog Choice works phenomenally. I set it up for some relatives who ...
by sperry8
Tue Feb 06, 2018 12:25 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 245
Views: 189055

Re: A time to EVALUATE your jitters

Just checked my portfolio (70/30)... as of today I am still up 1.2% since Jan 1. That's ~14% annualized. Everyone is in some sort of uproar about today, but I dont care how we got here. I'm up. Would it make a difference if Jan 3rd was up 1.2% and every day thereafter was flat? Or if we got there go...
by sperry8
Sun Feb 04, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Coverage in Rural Areas
Replies: 31
Views: 1099

Re: T-Mobile Coverage in Rural Areas

After 25 plus years the spousal unit and I are considering abandoning Verizon for cell phone coverage in favor of T-Mobile's $60.00 a month plan for folks over 55 years old. Our understanding is that this is for unlimited talk, text and data and includes all taxes and fees. It is less than half of ...
by sperry8
Sun Feb 04, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 7575

Re: What advice would you give yourself if you were 27 again?

Take care of your body/health. You can ignore it today and it won't matter. But that is not true forever. And if you have to start later in life you will be way behind. Health is a long term play just like financial investing. If you start late to the game, it'll be MUCH harder to catch up. If you e...
by sperry8
Fri Feb 02, 2018 11:17 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16625

Re: Bitcoin in Freefall

The Dutch Tulip Mania of 1634-1637, The South Sea Bubble (1716-1720), The Mississippi Bubble (1716-1720), The British "Railway Mania" Bubble, The Florida Real Estate collapse of the 1920s, Great Bear Market 1929 -1935, Kuwait’s Souk al-Manakh Stock Crash, Black Monday '87, Japan’s Bubble Economy of...
by sperry8
Fri Feb 02, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman: Vanguard, Other Bitcoin Deniers Will Eat Their Words
Replies: 47
Views: 6044

Re: Ric Edelman: Vanguard, Other Bitcoin Deniers Will Eat Their Words

Bitcoin just fell below $8,000 from almost $20,000 mid-December. I can see a lot of bitcoin true believers starting to get nervous and lashing out. A few I know are buying now. They see the crash as the opportunity they missed. I tried to talk them out of it but they won't listen. They all say they...
by sperry8
Fri Feb 02, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Getting out of bond funds?
Replies: 17
Views: 1755

Re: Getting out of bond funds?

If you are in or near retirement you presumably *want* bond interest rates to rise, correct? That's how you get a better payout with less risk. So long as the duration of the bond fund you are invested in approximately matches the time period in which you'd like to access the money, NAV is rather m...
by sperry8
Fri Feb 02, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16625

Re: Bitcoin in Freefall

The Dutch Tulip Mania of 1634-1637, The South Sea Bubble (1716-1720), The Mississippi Bubble (1716-1720), The British "Railway Mania" Bubble, The Florida Real Estate collapse of the 1920s, Great Bear Market 1929 -1935, Kuwait’s Souk al-Manakh Stock Crash, Black Monday '87, Japan’s Bubble Economy of...
by sperry8
Fri Feb 02, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 78
Views: 14704

Re: Vanguard Money Market vs. Savings Accounts

... +1 I am getting 1.75% APY in an online savings account at Pure Point Financial & also in an Ally no Penalty CD. Both are connected to Vanguard. A simple click of the mouse and 2-3 days later my money earns an extra .3% APY. For about 30 seconds of work. :moneybag How are you getting 1.75% at Pu...
by sperry8
Mon Jan 29, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to get a business credit card?
Replies: 25
Views: 1435

Re: Does it make sense to get a business credit card?

A business card also earns the company a "credit" history which could be helpful if the business needs a loan someday. All the "business" cards that have been talked about, Chase Ink, for instance, aren't true business cards. They use your personal SS #, and goes on your personal credit report. Thi...
by sperry8
Sun Jan 28, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 78
Views: 14704

Re: Vanguard Money Market vs. Savings Accounts

The sheer length of this thread is totally mystifying to me. All you need are pre-established verified ACH links between your primary checking at your home bank and (a) a bank (such as Ally) with high yield savings accounts and (b) Vanguard (or some other brokerage that offers money market funds). ...
by sperry8
Sun Jan 28, 2018 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Thinking About Timing the Market
Replies: 75
Views: 5633

Re: Thinking About Timing the Market

(4) Stock prices are at record highs. This means that if I buy stocks (today), I'm paying among the highest (worst) prices ever, but if I sell stocks, I'm receiving some of the highest (best) prices ever. Thoughts? Other than prices being "high", what about it makes that "the worst" time to buy the...
by sperry8
Sun Jan 28, 2018 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to get a business credit card?
Replies: 25
Views: 1435

Re: Does it make sense to get a business credit card?

A business card also earns the company a "credit" history which could be helpful if the business needs a loan someday.
by sperry8
Sun Jan 28, 2018 12:06 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone not rebalance?
Replies: 66
Views: 4585

Re: Does anyone not rebalance?

I stopped rebalancing after reading that annual rebalancing didn't move returns. It's also a way of capturing the momentum factor imo.
by sperry8
Sun Jan 28, 2018 12:03 am
Forum: Investing - Help with Personal Investments
Topic: Looking for something with slightly higher yield/risk than online savings
Replies: 17
Views: 1358

Re: Looking for something with slightly higher yield/risk than online savings

Jack FFR1846 wrote:
Sat Jan 27, 2018 6:31 pm
Ablebanking 12 month 2% CD.

You're welcome.
If you live near a Pure Point financial branch you can get 2.5% APY for a 24 mo CD. If not, other online banks are offering 2.3% - 2.35% APY for a 24 mo CD. Less risk than the bond fund you mentioned and more return.
by sperry8
Sat Jan 27, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Return Assumptions over Next 15 years
Replies: 15
Views: 1532

Re: Return Assumptions over Next 15 years

I just read an interesting article on expected returns going forward. Author makes quite an interesting case: http://www.philosophicaleconomics.com/2 ... per-limit/

Says 5.95% would be upper limit for equities (nominal). 3.95% real.
by sperry8
Sat Jan 27, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: Robert Shiller: Stock Market Like 1928
Replies: 57
Views: 6537

Re: Robert Shiller: Stock Market Like 1928

Bleaugh. I'm very disappointed. "The stock market today is similar to the stock market in 1928." Really? Maybe I'm even more naïve than I think. In 1928 there was no SEC. In the early 20th century, "Bulls" and "bears" didn't mean people who thought the market would go up or down, it meant people wh...
by sperry8
Sat Jan 27, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Cash heavy portfolio
Replies: 28
Views: 2537

Re: Cash heavy portfolio

Curious as to how Bogleheads might approach my situation. Key question is “what to do now?”. I recalled reading an article about the worst market timer. Here it is: http://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ Even this hypothetical man who bought at absolutely the worst time ...
by sperry8
Fri Jan 26, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 48
Views: 3413

Re: Ways to Protect Assets Without a Prenup

As the OP knew, people have strong opinions about prenups. Some say you must get a lawyer. Some say you shouldn't get married if you want a prenup. Notice the last poster THY4373... he/she offers advice based on his life path. Claims honesty is the way to go. Yet interestingly all that honesty still...
by sperry8
Fri Jan 26, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 48
Views: 3413

Re: Ways to Protect Assets Without a Prenup

I've thought a lot about this as well. Best advice I can find is to keep all investments separate. So in your case, stop contributing new monies to Vanguard and, if you are making new contributions do so via Fidelity/TD Ameritrade, etc. I even think it a good idea to have an intermediary account. Th...
by sperry8
Fri Jan 26, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11834

Re: Kitces article: A cash bucket in retirement? Nope

Yes, that's an excellent point. Is the cash a separate "bucket" or just a part of the bond portion? If the rest of the portfolio has some stock/bond split that may be on the edge of too conservative then the high cash portion may push it well over into far too conservative. Based on the start of th...
by sperry8
Fri Jan 26, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: Travel to Poland, Estonia, Lithuania: is it worth it?
Replies: 29
Views: 2418

Re: Travel to Poland, Estonia, Lithuania: is it worth it?

Drop Poland and do Belarus instead! Keep the Baltics, although there is a certain sameness to them. I did them all in October (apart from Estonia, which I did 20 years ago), and loved the experience - although Poland disappointed. It's a bit redneck, and I say that as the holder of a Polish passpor...
by sperry8
Fri Jan 26, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11834

Re: Kitces article: A cash bucket in retirement? Nope

I also hold 10 Years (25%) in cash (Various length term deposits in multiple currencies). Dividends and interest roll in, I spend it. I watch my portfolio of ETFs doing what it does. I sleep well. 10 years of cash and only 25% of your portfolio implies a 2.5% spend rate. At that low a rate there's ...
by sperry8
Fri Jan 26, 2018 5:35 am
Forum: Personal Consumer Issues
Topic: Travel to Poland, Estonia, Lithuania: is it worth it?
Replies: 29
Views: 2418

Re: Travel to Poland, Estonia, Lithuania: is it worth it?

I've been to all 3. Lovely area of the world. I find Poland to be quite underrated! Tallinn is a cute old town, worth a short stop. Vilnius is much cooler and surely worth a stop. But Poland is the gem of the region. Krakow is lovely, Warsaw is so fun and has a cool old town (rebuilt obviously). Sup...
by sperry8
Fri Jan 26, 2018 5:32 am
Forum: Investing - Help with Personal Investments
Topic: Purepoint now 1.6%
Replies: 3
Views: 732

Re: Purepoint now 1.6%

Plus if you live close enough to a branch, you can get the higher local rate of 1.75% APY.

I just opened their 2.5% APY 24 mo CD (also only available to people who can get to one of their 19 branches).
by sperry8
Thu Jan 25, 2018 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6028

Re: Your bond allocation when you were 48

Bond allocation was 4%. 70/26/4 (equities/cash/bonds)
by sperry8
Wed Jan 24, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: am I crazy to do a lump sum investment with my entire retirement in this current stock market?
Replies: 47
Views: 5813

Re: am I crazy to do a lump sum investment with my entire retirement in this current stock market?

Sierra... I was in your shoes with the exact same headlines.... I bought at the peak, the very top .... https://www.bogleheads.org/forum/viewtopic.php?p=3731794#p3731794 I too bought at the top in 2007. Went all in, lump sum. Worst timing ever. Some things I learned: 1- Mathematically lump sum inve...
by sperry8
Wed Jan 24, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: High Yield Savings Account Recommendations?
Replies: 45
Views: 2783

Re: High Yield Savings Account Recommendations?

PurePoint Financial is 1.6% APY. Able Banking is 1.7%. I'd go with those if you want to earn a little more than VG Prime MM which is 1.45%.
by sperry8
Wed Jan 24, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11834

Re: Kitces article: A cash bucket in retirement? Nope

I have a full FIVE YEARS of net spending requirement (difference between annual spending and income) in VG Prime MM and Ultra Short. Zero in bonds. All the rest in broad market stock index funds. This strikes me like going to a tennis match, watching the ball go back and forth with no personal stak...
by sperry8
Tue Jan 23, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11834

Re: Kitces article: A cash bucket in retirement? Nope

Sadly, I've been on the wrong end of this. I have a 70/30 allocation, but the 30% is almost all cash. I'm retired and got scared post 08/09 and wanted to have significant monies in cash so I could live for 10+ years in retirement without having to sell equities down. I've missed out on upside signi...
by sperry8
Tue Jan 23, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11834

Re: Kitces article: A cash bucket in retirement? Nope

Sadly, I've been on the wrong end of this. I have a 70/30 allocation, but the 30% is almost all cash..... But I can sleep at night so there is a small benefit. That's a small benefit? haha, good point! I recall vividly not being able to sleep at night during 08/09. So yes, when the chance came I to...
by sperry8
Tue Jan 23, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11834

Re: Kitces article: A cash bucket in retirement? Nope

It funny how people interpret this article differently than me. It seems to me he is saying it really doesn't hurt and may help to keep some cash as long as you keep it in your bond allocation. I think he even says it improves portfolio longevity in the worst case scenarios? Isn't that why people h...
by sperry8
Tue Jan 23, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11834

Re: Kitces article: A cash bucket in retirement? Nope

Sadly, I've been on the wrong end of this. I have a 70/30 allocation, but the 30% is almost all cash. I'm retired and got scared post 08/09 and wanted to have significant monies in cash so I could live for 10+ years in retirement without having to sell equities down. I've missed out on upside signif...
by sperry8
Mon Jan 22, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone at Goldman Sachs/Marcus bank 1.5%?
Replies: 27
Views: 2864

Re: Anyone at Goldman Sachs/Marcus bank 1.5%?

whodidntante wrote:
Sun Jan 21, 2018 12:48 am
If I was going to open an FDIC insured savings account, I would at least open the one that pays the highest rate. 1.7% here. https://www.ablebanking.com/saving.aspx
+1. In fact, I just opened one with Able today :moneybag
by sperry8
Mon Jan 15, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: Any high-end skincare products worth it?
Replies: 37
Views: 3113

Re: Any high-end skincare products worth it?

I have used this hydrator on the recommendation of my dermatologist: https://www.gloskinbeauty.com/daily-hydration She also recommded using this cleanser before the hydrator http://www.rhondaallison.com/Cleansers.html?products=171 After almost a year of using them I can see a marked difference in my...
by sperry8
Tue Jan 09, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 354
Views: 34918

Re: Year 2000 retirees using the '4% rule' - Where are they now?

There is always discussion regarding withdrawal rates and what is safe. Those who retired in the year 2000 have probably had the roughest road of any retirees in terms of market returns since the early 1970s. Let's take a look to see where they would be today, 18 years later, if they had used a 4% ...
by sperry8
Thu Jan 04, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 78
Views: 14704

Re: Vanguard Money Market vs. Savings Accounts

Is one allowed to invest in Vanguard Prime Money Market via another bank? For example, with Citibank I can enroll in their Citi Personal Wealth Management acct to buy stocks/etfs. However, am I also allowed to buy Vanguard Prime Money Market via these sorts of accounts?
by sperry8
Wed Jan 03, 2018 12:12 am
Forum: Investing - Help with Personal Investments
Topic: Ally CD - No Penalty CD Help/Advice Needed
Replies: 30
Views: 3786

Re: Ally CD - No Penalty CD Help/Advice Needed

Rates dropped tonight. 1.6% APY for no penalty CD and back down to 1.7% for the 1 yr CD. Hope all of you got in while the rates were higher! :moneybag
by sperry8
Fri Dec 29, 2017 1:04 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 156
Views: 26530

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

My on-line bank savings account is 1.30% so no surprise that VMMXX is 1.34%. I think people forgot that bank and brokerage money market accounts can and do pay interest. :mrgreen: I hadn't paid attention to it in years. But at today's SEC yield of 1.36% APY - it's finally competitive. Sad we can't ...
by sperry8
Wed Dec 27, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 91
Views: 6278

Re: How do Bogleheads save on eyeglasses?

I really like EyeBuyDirect because they offer a 2 week exchange/refund no questions asked and a full 1 year warranty on the lens and frames. I broke one after 6 months and they replaced it, no question. No other online shop offers such a good warranty. You can sign up to be notified of their sales ...
by sperry8
Mon Dec 25, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 91
Views: 6278

Re: How do Bogleheads save on eyeglasses?

Can check here too: viewtopic.php?f=11&t=214127

Zenni was my most recent purchase. We shall see how good they are, they come this week.
by sperry8
Mon Dec 25, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: Implications of tax bill on residential real estate (house prices)
Replies: 62
Views: 5802

Re: Implications of tax bill on residential real estate (house prices)

If you own a $3mm home and pay $30k in real estate taxes, even assuming you could deduct none of that (and used to deduct all of it) you would owe 37% of that or $11,100. So the value of my $3mm home would drop by about $11,000 at most. That will probably be offset by stock portfolio appreciation. ...
by sperry8
Sat Dec 23, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1 year cd vs 11 month no penalty
Replies: 4
Views: 972

Re: Ally 1 year cd vs 11 month no penalty

I opened 2 no penalty CDs at 1.75% APY rather than the 1 year. For the .25% APY difference and the expectation that rates can go up in March/June, I felt it was a wash.
by sperry8
Fri Dec 22, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Is it wise to convert my VG Index fund to its ETF counterpart?
Replies: 1
Views: 295

Is it wise to convert my VG Index fund to its ETF counterpart?

Hello all, I currently own VFIAX (Vanguard Admiral 500 Index). I have owned it for almost 20 years and have bought more over the years. So my cost basis on Spec ID is all over the place. I don't anticipate any need to sell it in the near term. It hasn't generated capital gains in 16 years although i...
by sperry8
Thu Dec 21, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51037

Re: Tax Bill Omnibus Thread

The deduction for state and local income, sales and property taxes is capped at $10,000. When does this start? 2017 or 2018?
by sperry8
Wed Dec 20, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51037

Re: Tax Bill Omnibus Thread

I have no idea how existing and/or unused AMT tax credits will be handled under the new law, but my suspicion is that the unused credits simply go "poof" and disappear, much like they would if you couldn't use them all up in time (say, for example, in regards to unused foreign tax credits). If you ...