Search found 308 matches

by Dantes
Tue Jun 09, 2020 12:06 pm
Forum: Personal Consumer Issues
Topic: What happens to all my digitized photos when I die?
Replies: 64
Views: 4661

Re: What happens to all my digitized photos when I die?

Our solution to this is that a small set of the photos we care about most get printed on paper. Its easy and cheap to send a selection for printing to a local shop.

Long term digital storage has always been a tough problem. Whatever we have now is likely to be obsolete in 20 years.
by Dantes
Wed Jun 03, 2020 9:21 am
Forum: Investing - Theory, News & General
Topic: Looking for a similar site to Bogleheads for TIAA
Replies: 16
Views: 1336

Re: Looking for a similar site to Bogleheads for TIAA

There is a TIAA Funds "community" on Morningstar. They mostly discuss TIAA Traditional and TIAA Real Estate, which are two offerings from TIAA that are different from the general run of funds available from other major investment groups. https://community.morningstar.com/t5/TIAA-Funds/bd-p/TIAA TIAA...
by Dantes
Thu May 07, 2020 5:11 pm
Forum: Investing - Theory, News & General
Topic: OK, RMD waived for 2020 and Roth rollovers.
Replies: 3
Views: 424

Re: OK, RMD waived for 2020 and Roth rollovers.

I would be curious to see what issue there could be. As far as I can see, if one is over 59 1/2 and has had a Roth for 5 years there is no reason (other than RMD's) not to put any withdrawal from a tax deferred account into a Roth.
by Dantes
Tue May 05, 2020 5:12 pm
Forum: Investing - Theory, News & General
Topic: Bonds Beat Stocks Over the Last 20 Years
Replies: 42
Views: 4101

Re: Bonds Beat Stocks Over the Last 20 Years

It may not be done well; but you are surprised to find it done at all.
by Dantes
Tue Apr 28, 2020 10:10 am
Forum: US Chapters
Topic: What is a Boglehead? Some Fun.
Replies: 53
Views: 3115

Re: What is a Boglehead? Some Fun.

Boglehead investing starts by determining an asset allocation plan, finding low-cost, tax-efficient funds to meet that allocation, and then adjusting only as life circumstances (not temporary market conditions) require. Or we could stick with Bogle's mantra: - Keep it simple. - Costs matter. - Stay...
by Dantes
Sun Apr 26, 2020 6:24 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 726
Views: 38774

Re: What are you listening to now

Samantha Fish. Chills and Fever. Interesting mix of songs. We heard her doing a great cover of I put a spell on you, on Sirius XM - and wanted to hear more.
by Dantes
Fri Apr 17, 2020 6:07 am
Forum: Personal Consumer Issues
Topic: Growing Potatoes
Replies: 9
Views: 1042

Re: Growing Potatoes

Freshly grown potatoes are great, but I would have to be desperate to use store-bought potatoes. Seed potatoes are easily available, and there are dozens of varieties to experiment with if you are so inclined. Potato beetles require constant vigilance.
by Dantes
Sat Apr 11, 2020 5:26 pm
Forum: Personal Consumer Issues
Topic: What's worth paying more for?
Replies: 80
Views: 6609

Re: What's worth paying more for?

I'll pay more for for something that is local. If I can afford it and there is a reasonable option.
by Dantes
Fri Mar 27, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus check from pandemic 2020
Replies: 37
Views: 3224

Re: Stimulus check from pandemic 2020

While it will be based on 2019 or 2018 tax returns, my understanding is that it will be treated as an advance on a refundable 2020 tax credit. Which is something else to consider when considering Roth conversions or other sources of optional income. I assume, but do not know for certain, that someon...
by Dantes
Fri Mar 27, 2020 6:50 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4447
Views: 1258225

Re: What Book Are You Currently Reading? Part VI

Any Shape or Form by Elizabeth Daly. A mystery published in 1945, set among upper-class New Yorkers. Class plays a major role; very clever and with some very funny bits. This is the first of Daly's mysteries that I have read, and good enough for me to want the other 15.
by Dantes
Wed Mar 25, 2020 5:17 pm
Forum: Personal Consumer Issues
Topic: My treadmill broke. Now what?
Replies: 36
Views: 1796

Re: My treadmill broke. Now what?

Try to find a gym that has free a free introductory workout, so you can see what an elliptical feels like. I used to prefer them to treadmills; its more of a workout than walking on a treadmill, and provides some upper body action as well. It might take a few sessions to get used to one. I'm not ver...
by Dantes
Mon Mar 16, 2020 4:47 pm
Forum: Personal Investments
Topic: Need advice on my situation
Replies: 19
Views: 1301

Re: Need advice on my situation

That seems like a pretty strong emergency fund to me. Who knows what will happen in the near future - look at Friday vs. Monday - but I wouldn't want to sell equities right now unless it was necessary. You have enough EF to easily defer the decision for a couple of months. If that time comes its pos...
by Dantes
Wed Mar 11, 2020 5:41 am
Forum: Investing - Theory, News & General
Topic: Endowment funds allocation, 100% stocks?
Replies: 11
Views: 583

Re: Endowment funds allocation, 100% stocks?

For some schools the endowment provides a substantial portion of their operating budget. The 2008 decline was a serious problem for schools that were keeping portions of that year's endowment distributions invested in assets that had taken a dive. A young person is presumably not going to be making ...
by Dantes
Tue Mar 10, 2020 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Timing of SS claiming in a down market
Replies: 21
Views: 1663

Re: Timing of SS claiming in a down market

Unless you are 100% equity I'm not sure why the down market would matter.
by Dantes
Mon Mar 09, 2020 5:27 pm
Forum: Personal Consumer Issues
Topic: Battery powered lawn mower recommendation
Replies: 71
Views: 2502

Re: Battery powered lawn mower recommendation

I use the EGO, bought a few years ago. It takes 45 minutes for my lawn, have always completed the job on a single charge.It can handle high, thick and wet grass. MIL has a much larger lawn, and there the EGO gives out after about an hour or so. So I switch to her self-propelled John Deere to finish ...
by Dantes
Fri Feb 28, 2020 6:56 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193818

Re: Bogleheads community discussion - Coronavirus

If a strain not in this year’s flu vaccine gets into a nursing home, it kills most of the residents. Where does that come rom? A review of 206 published infectious outbreaks in elderly care facilities across 19 countries over 40 years identified 37 different pathogens, but influenza viruses caused ...
by Dantes
Sun Feb 23, 2020 5:28 pm
Forum: Investing - Theory, News & General
Topic: "Wells Fargo Paying $3 Billion To Settle U.S. Case Over Fraudulent Customer Accounts"
Replies: 49
Views: 3118

Re: "Wells Fargo Paying $3 Billion To Settle U.S. Case Over Fraudulent Customer Accounts"

Last I knew shareholders vote for the board of directors, so they have their share of responsibility. They should feel the penalty for this and other crimes.
by Dantes
Thu Feb 20, 2020 11:04 am
Forum: Personal Consumer Issues
Topic: People on Vanguard's Website
Replies: 31
Views: 2513

Re: People on Vanguard's Website

Now that world peace has been achieved it is time to find the next vital issue. And I have to admit I find Vanguard's image marketing inept - or at least not targeted at me. Probably the latter. I noticed a Vanguard ad somewhere this morning which was a group of people who appeared to be laughing up...
by Dantes
Thu Feb 06, 2020 12:27 pm
Forum: Investing - Theory, News & General
Topic: Does 50x = 100% Equities?
Replies: 86
Views: 5525

Re: Does 50x = 100% Equities?

If someone has 50 times expenses - and that amount is entirely dedicated to their support over a conventional retirement period - then why would they be interested in striving for greater return? Whats the point? If there is a legacy goal then they don't have 50 times expenses for their support; the...
by Dantes
Wed Feb 05, 2020 11:25 am
Forum: Personal Investments
Topic: Consolidating within Roth IRA
Replies: 4
Views: 400

Re: Consolidating within Roth IRA

I can think if reasons to have bonds in a Roth, but I can't think if any reason to have 1% of anything. That's the first thing I'd get rid of, and the second is the Large Cap for the reasons the OP gives.
by Dantes
Sat Feb 01, 2020 7:58 am
Forum: Personal Consumer Issues
Topic: Examples of Low Tech Improving Your Life
Replies: 207
Views: 17731

Re: Examples of Low Tech Improving Your Life

Books. Cast iron. Running. A piano.
by Dantes
Wed Jan 01, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should I start taking withdrawing from my IRAs?
Replies: 10
Views: 826

Re: Should I start taking withdrawing from my IRAs?

If you are concerned about Federal estate taxes then you presumably will have an estate worth more than 11 million. Do you have an estate plan?
by Dantes
Fri Dec 27, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Secure Act: practical result of RMD age change seems trivial
Replies: 7
Views: 909

Re: Secure Act: practical result of RMD age change seems trivial

I think you gain 2 years if your birthday is in the first part of the year. I'm in the second part of the year so gain 1 year- and yes its not a big deal. If means nothing if you have to withdraw the money from the IRA for living expenses anyway; if you don't need to spend from an IRA then you get o...
by Dantes
Sun Dec 22, 2019 7:22 am
Forum: Personal Investments
Topic: Taxes on Roth conversion at end of year
Replies: 6
Views: 612

Re: Taxes on Roth conversion at end of year

You can make a quarterly tax payment for your estimated taxes. January 15th is the due date for the 4th quarter. Payment can be done online; see https://www.irs.gov/payments. Or you can print out a voucher and mail in a check. If taxes are withheld from IRA withdrawals then you don't have to bother ...
by Dantes
Fri Dec 20, 2019 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Tax on Roth Conversion
Replies: 48
Views: 3658

Re: Federal Tax on Roth Conversion

For those have done Roth Conversions lately (assume not much difference tax liabilities from last yr without the complication of Roth Conv), what did you do for the IRS tax dues: (1) Paid estimated right after the conversions, or (2) Paid them when filed the tax returns? Thanks! Neither. I have don...
by Dantes
Fri Nov 29, 2019 2:56 pm
Forum: Personal Investments
Topic: do roth conversion even when rpm says no?
Replies: 7
Views: 672

Re: do roth conversion even when rpm says no?

There are other reasons for Roth conversions that are not necessarily reflected in the calculators. For example, suppose you do not expect to need the amount of your required minimum distributions, and reducing Required Minimum Distributions will give you more space for 0% tax on capital gains (or, ...
by Dantes
Sun Nov 03, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: My Social Security not sending verification code
Replies: 20
Views: 1503

Re: My Social Security not sending verification code

It just worked for me. My carrier is AT&T. So is the problem specific to Google Voice?
by Dantes
Tue Oct 29, 2019 11:42 am
Forum: Personal Consumer Issues
Topic: Folks age between 65-70. What’s your exercise routine
Replies: 44
Views: 5190

Re: Folks age between 65-70. What’s your exercise routine

Age 69, retired last year. Run several times a week in the 5 to 10k range. Mostly on packed soil or crushed stone (unpaved rail-trail-type surface), and never two days in a row. Much easier on me than when I was running on pavement. I'm six feet and overweight, but since I stopped running on pavemen...
by Dantes
Thu Sep 26, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 13505

Re: Half of Retirees Afraid to Use Savings

I don't think "afraid" is quite justified here. Not spending money you don't need to spend is a perfectly reasonable response to the uncertainties of the future, including long term and terminal care. Reinvesting RMD's that you don't need is a fine thing to do. Clicking though I did not see the actu...
by Dantes
Wed Sep 18, 2019 7:12 pm
Forum: Investing - Theory, News & General
Topic: Don't confuse strategy with outcome:
Replies: 94
Views: 6596

Re: Don't confuse strategy with outcome:

Strategy is engaging with future probabilistic events. Outcome is the outcome of those events. Strategy is carrying a raincoat tomorrow because there is an 80% chance of rain. Whether or not it actually rains is the outcome. This is a good definition. Its one of those phrases that means remarkably ...
by Dantes
Tue Sep 17, 2019 6:35 am
Forum: Investing - Theory, News & General
Topic: Spreadsheets
Replies: 77
Views: 7030

Re: Spreadsheets

I have lots of spreadsheets - for investments, for projections, for transactions, for tax liability, for expenses. I update them frequently.

I fulfilled my quota of ignoring portfolio performance a few years ago.
by Dantes
Tue Sep 17, 2019 5:35 am
Forum: Investing - Theory, News & General
Topic: Don't confuse strategy with outcome:
Replies: 94
Views: 6596

Re: Don't confuse strategy with outcome:

Strategy is engaging with future probabilistic events. Outcome is the outcome of those events. Strategy is carrying a raincoat tomorrow because there is an 80% chance of rain. Whether or not it actually rains is the outcome. This is a good definition. Its one of those phrases that means remarkably ...
by Dantes
Mon Sep 16, 2019 6:23 am
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 10056

Re: Do You Tip At Counter Service Restaurants?

I mostly avoid the customer-facing touch-screen systems by using cash in those types of places. And I agree that when a tip is expected before service has been received that it is redefining what the purpose of a tip is. Take those payment systems out of the equation, and sure I tip at those kinds o...
by Dantes
Wed Aug 28, 2019 1:25 pm
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 151
Views: 16121

Re: Best of Bogleheads - your #1 takeaway

The discussions about Social Security were the most eye-opening for me; I was drifting to index funds anyway when I discovered this forum, but a lot of the info about Social Security - from claiming strategies to taxation - was new to me, and very helpful.
by Dantes
Fri Aug 23, 2019 5:49 am
Forum: Personal Investments
Topic: Suggestions From TIAA and Checkup
Replies: 39
Views: 3151

Re: Suggestions From TIAA and Checkup

OP: Your portfolio size is currently 2 million dollars. If you were retirement age right now you could reasonably withdraw 4%, or 80,000. That is well over your current expenses of $58,000, and does not include Social Security. So you certainly look like you are in fine shape. In your situation I wo...
by Dantes
Thu Aug 15, 2019 2:20 pm
Forum: Personal Consumer Issues
Topic: Hotel recommendation for Cambridge / Boston
Replies: 53
Views: 3196

Re: Hotel recommendation for Cambridge / Boston

Brand new. Very walkable. http://www.theportersquarehotel.com/rooms-en.html This is a great location, very close to the Porter Square redline, one stop from Harvard Square, one stop from Davis Square. The "cheap" room here are small and oddly shaped, which was fine for my purposes. The hotel restau...
by Dantes
Mon Aug 12, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: Is "My Social Security" online worth signing up for
Replies: 31
Views: 3049

Re: Is "My Social Security" online worth signing up for

With an online account you can do things like get a replacement card, change your address, and set up or modify direct deposit. So I believe its worth creating an account just to prevent someone else from fraudulently doing any of those things.
by Dantes
Wed Jul 24, 2019 12:38 pm
Forum: Personal Investments
Topic: Estimating Long Term Capital Gains in Retirement
Replies: 6
Views: 542

Re: Estimating Long Term Capital Gains in Retirement

Since OP wrote "we" I assume they file married joint; with 60,000 income they would pay 0 tax on long term capital gains. In fact they should harvest capital gains up to the point where they would start to incur taxes, just to reset the cost basis.
by Dantes
Tue Jul 23, 2019 4:21 pm
Forum: Personal Investments
Topic: moved my wifes 401K account from big brokerage handled by money mgr
Replies: 28
Views: 1749

Re: moved my wifes 401K account from big brokerage handled by money mgr

Move it some place where you get free trades - otherwise dumping $15.70 cents worth of Weatherford International is going to be a disappointment. One simple and quick solution - after moving to a brokerage that will give you some free trades, maybe Fidelity - is, since they all appear to be stocks, ...
by Dantes
Tue Jul 23, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: Best intro to Python programming?
Replies: 22
Views: 3859

Re: Best intro to Python programming?

Another vote for the MITx course Introduction to Computer Science and Programming Using Python. I took it a few years ago, it was more work than I expected - thats a god thing - and I ended up doing quite a bit of Python programming in my last year of employment. Its an interesting and quirky langua...
by Dantes
Sun Jul 21, 2019 6:05 am
Forum: Personal Finance (Not Investing)
Topic: SS benefit discrepancy
Replies: 14
Views: 1857

Re: SS benefit discrepancy

My 2018 earnings were visible on the mySSN page when I logged into the site on January 26th of 2019. The earnings amount was very different from the previous year, and matched my W-2. They were not using an estimate. So its not a single process that updates everyone at the same time.
by Dantes
Fri Jul 12, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Summary Notice for Part B
Replies: 11
Views: 1887

Re: Medicare Summary Notice for Part B

Unless I missed something above, the OP's problems are due to the really exceptional incompetence of his provider, who for months has had incorrect data recorded with Medicare and has not corrected it - and yet feels free to criticize Medicare for not including a more informative error code. How is ...
by Dantes
Fri Jun 28, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: What is the sentence for laminating a Medicare Card?
Replies: 50
Views: 15210

Re: What is the sentence for laminating a Medicare Card?

The penalty for laminating a social security card, or even putting a piece of Scotch tape across the number, is that in Massachusetts you cannot get a Real ID when you apply for, or renew, your drivers license. Just happened to me at the RMV. They do warn you online. Thank goodness Alabama didn't a...
by Dantes
Mon Jun 10, 2019 7:09 pm
Forum: Investing - Theory, News & General
Topic: The collapse of Neil Woodford
Replies: 27
Views: 5724

Re: The collapse of Neil Woodford

I liked
Anyway it’s a truth universally known that a man in possession of a large fortune, a super public profile, and a proven ability to beat the market generally wants to do it bigger and better.
by Dantes
Mon Jun 10, 2019 3:57 pm
Forum: Investing - Theory, News & General
Topic: Is it bad to look at debt (student loans) like this?
Replies: 39
Views: 3456

Re: Is it bad to look at debt (student loans) like this?

Scenario A is a lot of debt for only a 30K annual boost. How long to pay off? 20 years? GIven the way the world changes, I think it would be a bad choice to borrow 600K to make an extra 30K, flat, per year - unless that was what it took to get that one perfect job. Then its another story, but one ha...
by Dantes
Sat Jun 01, 2019 5:46 am
Forum: Investing - Theory, News & General
Topic: Roth IRA contributions in retirement....
Replies: 3
Views: 446

Re: Roth IRA contributions in retirement....

After any RMD's are taken out, though, you may convert additional funds from tax-deferred to a Roth account. but you can't just wait to see if you need to spend it first, though. As long as you have had a Roth for at least 5 years, if you are withdrawing funds from a tax deferred account - and any R...
by Dantes
Wed May 29, 2019 5:47 am
Forum: Personal Consumer Issues
Topic: Donating my 2002 Toyota Corolla
Replies: 12
Views: 1371

Re: Donating my 2002 Toyota Corolla

Have you checked that charity out?
by Dantes
Fri Apr 26, 2019 3:39 pm
Forum: Personal Consumer Issues
Topic: [Online Learning] Anyone used Coursera or edX?
Replies: 4
Views: 644

Re: [Online Learning] Anyone used Coursera or edX?

I took an edX course back in 2016, Introduction to Computer Science Using Python. MITx-6.00.1x. On-iine lectures, a fair amount of work. If it really was someone's first introduction to Computer Science I would expect it to be a lot of work. The assignments were completed by submitting a script with...
by Dantes
Fri Apr 26, 2019 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Taxes: marginal rate now vs effective rate in retirement
Replies: 198
Views: 10930

Re: Taxes: marginal rate now vs effective rate in retirement

The tax rate on "the next dollar" is about as useful as one dollar.
by Dantes
Thu Apr 25, 2019 5:15 am
Forum: Personal Finance (Not Investing)
Topic: Taxes: marginal rate now vs effective rate in retirement
Replies: 198
Views: 10930

Re: Taxes: marginal rate now vs effective rate in retirement

I don't think I've seen any discussion on the impact of Social Security on marginal tax rates in retirement in this thread - maybe I missed it? It can be a big deal. I am retired, and so have a reasonably good idea of my tax situation. I expect that in, say, 2024, I will be in the 12% federal and 5....