Search found 366 matches

by John151
Sat Aug 18, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Money Market Funds vs. Online Banks
Replies: 2
Views: 305

Money Market Funds vs. Online Banks

Now that Vanguard’s Prime Money Market Fund is paying around two percent, is there any reason to invest in savings accounts with online banks? Ally Bank’s online savings account is paying 1.80 percent.
by John151
Thu Aug 16, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do with your interest from your ER fund?
Replies: 10
Views: 962

Re: What do you do with your interest from your ER fund?

I think of my Vanguard money market fund as my emergency fund. My dividends are reinvested in it, and dividends from my tax-exempt bond fund and my two stock index funds are paid into it as well.
by John151
Fri Aug 10, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Have you rebalanced to bonds this year?
Replies: 25
Views: 2163

Re: Have you rebalanced to bonds this year?

I haven’t sold any stocks, but I’ve directed my investment income and any new money into a tax-exempt bond fund. This keeps me within my allocation bands.
by John151
Thu Aug 09, 2018 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Excellent Vanguard Service!
Replies: 8
Views: 1721

Re: Excellent Vanguard Service!

I’ve been investing with Vanguard for over thirty years, and I’ve never had a problem. Vanguard service, for me, has been great.
by John151
Wed Aug 01, 2018 10:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 61
Views: 5592

Re: Vanguard Precious Metals and Mining Fund is changing

sport wrote:
Fri Jul 27, 2018 3:13 pm
I love Vanguard. However, when it comes to "staying the course", that is something they tell others to do, but do not follow themselves. I am still unhappy about the change to what used to be the Tax Managed International Fund. It is no longer tax managed, but I am locked in.
Me too.
by John151
Sun Jul 29, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6345

Re: Retirees: how much cash?

I’m a conservative retiree in my seventies. For many years I kept about 5% of my investments in cash, defined as my checking account and a money market fund. Then came the Great Recession. When the yield on my money market fund dropped to almost zero, I responded by moving money that I could have ke...
by John151
Sat Jul 28, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Your age in bonds?
Replies: 57
Views: 6437

Re: Your age in bonds?

I followed the “age in bonds” rule of thumb for many years, and that’s where I was when I retired. But with the huge run up in stocks, at seventy I now have 35% in stocks, and selling down to 30% would trigger major capital gains taxes. So I’ve decided to leave my stocks alone. My pension is more th...
by John151
Mon Jul 23, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Dealing with HOA Notice
Replies: 118
Views: 9516

Re: Dealing with HOA Notice

Condo board members are usually well intentioned but often ill informed. My condo association’s primary governing document is called the Declaration. It’s forty pages long, and in the thirty years I’ve lived in my association, I may be the only unit owner who’s actually read it. The board members si...
by John151
Tue Jul 17, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 11459

Re: New Vanguard Security Code Requirement

I prefer Treasury Direct’s authentication method: they send you a one-time passcode via email. But Vanguard’s authentication method isn’t too bad. They offer you a choice: you can have them require authentication every time you login to your account, or just when you’re logging in from a different c...
by John151
Tue Jul 10, 2018 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 50
Views: 5649

Re: Where do you keep your Emergency Fund?

A Vanguard money market fund. For backup, I have a tax-exempt bond fund.
by John151
Thu Jul 05, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 138
Views: 9403

Re: What time do you get up in the morning?

When I was working, I usually went to bed around 11 p.m. and got up at 7 a.m. Now that I’ve retired, I stay up until 3 a.m. and get up around 11 a.m. I’ve never been a morning person, so I sleep through most of it. Sleeping late is one of the best things about being retired.
by John151
Mon Jul 02, 2018 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Do you own just 5% of anything?
Replies: 65
Views: 4937

Re: Do you own just 5% of anything?

A Vanguard money market fund and a Vanguard international stock fund: about 5% in each.
by John151
Mon Jul 02, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Treasury Direct website down all day (7/1)
Replies: 23
Views: 1856

Re: Treasury Direct website down all day (7/1)

Today at noon Central Time I was able to login and see my bond values. I didn’t try to buy or sell anything.
by John151
Sun Jul 01, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Treasury Direct website down all day (7/1)
Replies: 23
Views: 1856

Re: Treasury Direct website down all day (7/1)

At 8:52 pm Central Time, I entered my account number, my one-time passcode, and my password. TD then wanted me to verify my contact information. I did so. Then ten or fifteen seconds later, I got the “Treasury Direct is unavailable” message. I tried again ten minutes later with the same result.
by John151
Sun Jul 01, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 13551

Re: What are your property taxes?

My Illinois condo is taxed at about 2% of estimated market value. There’s no cap on how high it can go. This year’s tax went up 12% to pay for improvements in local schools. State and local sales taxes are 9%. State income tax is 4.95%. Last year I spent more on federal, state, and local taxes than ...
by John151
Tue Jun 26, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5178

Re: How much of your taxable holdings is unrealized capital gains?

My international stock index fund has almost doubled in value, and my domestic stock index fund has more than tripled, so about 50% of my investments in taxable accounts are unrealized capital gains. I don’t expect to sell any of my stock investments. My pension and investment income more than cover...
by John151
Mon Jun 25, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: All Treasury Portfolio
Replies: 7
Views: 684

Re: All Treasury Portfolio

If your overriding goal is safety of principal, go for it. You’ll save a bit on taxes, since Treasury income generally isn’t subject to state income taxes. But I’d recommend that you keep your TIPS in a tax-advantaged account, because otherwise you’d have to pay federal income taxes each year on “ph...
by John151
Sat Jun 23, 2018 9:47 pm
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads Are Better in the Morning
Replies: 13
Views: 3064

Bogleheads Are Better in the Morning

I usually login to Bogleheads around ten in the morning, and then again around ten in the evening. In the morning, I usually find ten or twelve posts that I want to read, but only two or three in the evening. Have you had a similar experience? Is it because most posts are posted in the morning? Or i...
by John151
Fri May 25, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA TRAD as Fixed Income in my AA?
Replies: 9
Views: 836

Re: TIAA TRAD as Fixed Income in my AA?

I wouldn’t want to have all of my fixed-income investments in TIAA Traditional, because it isn’t adjusted for inflation, and it isn’t backed by the federal government. But I have all of my 403(b) account in TIAA Traditional, and it makes up about 25% of my fixed income investments. The rest is in I ...
by John151
Tue May 15, 2018 3:27 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 12987

Re: The front page is ugly

targ wrote:
Mon May 14, 2018 9:59 am
Tamalak wrote:
Mon May 14, 2018 9:51 am
... All the OP is asking for is for the front page to be consistent with the professionalism of the sub-form pages. ...
Then might I suggest the OP load this as his bookmarked link:
www.bogleheads.org/forum/search.php?sea ... ive_topics
+1 That's what I use.
by John151
Tue May 08, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 18112

Re: What Percentage CASH are you?

When interest rates were at rock bottom, I kept only about 1% of my investments in cash, defined as my Vanguard money market fund. I don’t own bank CD’s, and I count my I Bonds as “bonds.” Now that rates are rising, I’m working toward having 5% in cash, again in my money market fund. I consider it t...
by John151
Thu Apr 26, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 15853

Re: How much cash do you keep at any time on checking?

About three months’ worth of expenses. If I need more, I can draw on my Vanguard money market fund.
by John151
Wed Apr 25, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Partial Tax Loss Harvesting
Replies: 6
Views: 462

Re: Partial Tax Loss Harvesting

Would that be a problem if I’m using an average cost basis and there’s a loss overall?
by John151
Wed Apr 25, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Partial Tax Loss Harvesting
Replies: 6
Views: 462

Partial Tax Loss Harvesting

I’ve harvested tax losses a number of times over the years. Sometimes I’ve sold all shares in a fund and then invested the proceeds in a similar but not substantially identical fund. Other times, I’ve sold all shares, put the proceeds in a money market fund, and then, thirty-one days later, reopened...
by John151
Sat Apr 21, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds - now or later in the year?
Replies: 17
Views: 2829

Re: I Bonds - now or later in the year?

On a $10,000 investment, changes in the fixed rate and the inflation rate are pretty negligible, so I buy the legal limit in January and then forget about it.
by John151
Fri Apr 20, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 44
Views: 6178

Re: Anyone invest in I Bonds and why?

I stopped buying I Bonds when the fixed rate dropped below one percent, but I’ve resumed buying them for all of the reasons listed above.
by John151
Wed Apr 18, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Are you keeping more in cash?
Replies: 31
Views: 4924

Are you keeping more in cash?

I’m a conservative investor in my seventies. In the late 1990’s and early 2000’s, I routinely kept about five percent of my investments in cash, defined as my Vanguard money market fund. I don’t own any bank CD’s, and I count my I Bonds as “bonds.” When the yield on my money market fund dropped to 0...
by John151
Sat Apr 14, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Buy I-Bonds before May 1 or After?
Replies: 16
Views: 1997

Re: Buy I-Bonds before May 1 or After?

I've decided not to over-analyze it. For both I-Bonds and annual IRA contributions, I make all purchases in early January ($10,000 each for me and my husband for I-Bonds and $6,500 for each of us for IRA which is a tIRA >> Backdoor Roth). This way, I get these investments out of the way at the begi...
by John151
Wed Apr 11, 2018 5:28 pm
Forum: Investing - Theory, News & General
Topic: I Bond’s Variable Rate Will Fall To 2.22% On May 1
Replies: 36
Views: 4912

Re: I Bond’s Variable Rate Will Fall To 2.22% On May 1

On an investment of $10,000, changes in fixed rates and inflation rates are pretty negligible, so I buy the maximum in January and then forget about it.
by John151
Tue Apr 10, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 6243

Re: Retirees: Who's increasing their equities as they age?

I’m seventy, and my equity exposure is increasing all by itself. The stock funds I’m invested in have doubled in value, and I’m currently about six percentage points above my allocation target for stocks. I could sell enough shares to get down to my target, but I’d have to pay substantial capital ga...
by John151
Wed Apr 04, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: How did you file your income taxes?
Replies: 77
Views: 5465

Re: How did you file your income taxes?

I'd like to thank all of you for your responses. I started filing with TurboTax when I qualified for free filing through Vanguard. When Vanguard dropped that benefit, I switched to TaxAct, and when TaxAct raised its prices, I switched to FreeTaxUSA. TurboTax offered the advantage of importing my inv...
by John151
Mon Apr 02, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: How did you file your income taxes?
Replies: 77
Views: 5465

Re: How did you file your income taxes?

I asked this question last year and the year before that, and I thought I’d ask it again this year. How did you file your income taxes? Did you calculate your taxes manually? Did you use tax preparation software? Or did you have your taxes prepared by an accountant? In February, I calculated my 201...
by John151
Mon Apr 02, 2018 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: How did you file your income taxes?
Replies: 77
Views: 5465

How did you file your income taxes?

I asked this question last year and the year before that, and I thought I’d ask it again this year. How did you file your income taxes? Did you calculate your taxes manually? Did you use tax preparation software? Or did you have your taxes prepared by an accountant? In February, I calculated my 2017...
by John151
Sun Apr 01, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Customer Service with Vanguard
Replies: 50
Views: 5239

Re: Customer Service with Vanguard

I’ve been investing with Vanguard for over thirty years, and I’ve never had a service problem, with one exception. I was invested in Vanguard’s Tax-Managed International Fund, and all of its dividends qualified for favorable tax treatment. Then Vanguard decided to merge the fund with Vanguard Develo...
by John151
Fri Mar 16, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider an emergency fund as part of your overall allocation?
Replies: 24
Views: 2283

Re: Do you consider an emergency fund as part of your overall allocation?

I consider my checking account and my Vanguard money market fund to be my emergency fund. I count them as the “cash” component of my investments, and they form about five percent of my portfolio. If I need more than that, I can draw on my Vanguard tax-exempt bond fund.
by John151
Sun Mar 11, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Take MY RMD Now Or Wait Until Later In The Year?
Replies: 20
Views: 1830

Re: Should I Take MY RMD Now Or Wait Until Later In The Year?

I think it depends on how your tax-advantaged account is invested and on what you want to do with the proceeds. Mine’s in a stable value fund paying three percent, and I’m planning to invest my RMD in a tax-exempt bond fund. The former pays more than the latter, especially after taxes are withheld f...
by John151
Fri Mar 09, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Ok fellow bogleheads, was the correction scary or nothing?
Replies: 147
Views: 11543

Re: Ok fellow bogleheads, was the correction scary or nothing?

I’m a retiree in my seventies, with about a third of my investments in stocks. My pension covers most of my living expenses, and I have enough in bonds to see me through to the end of my days. The correction didn’t frighten me at all. My stocks could go to zero without affecting my lifestyle in the ...
by John151
Fri Mar 09, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Filed 2017 taxes electonically for FREE
Replies: 46
Views: 5178

Re: Filed 2017 taxes electonically for FREE

I filed with FreeTaxUSA this year for the first time. As has been mentioned, FreeTaxUSA doesn’t import investment information, but it was easy to copy and paste from my electronic investment statements, and the whole thing took only an hour or two. Preparing and e-filing my federal return was free. ...
by John151
Sat Mar 03, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Safe to File Income Tax Now?
Replies: 13
Views: 1225

Re: Safe to File Income Tax Now?

Here’s a reason to file early on: tax preparation services like TurboTax and TaxAct often raise their prices as the tax season progresses.
by John151
Sun Feb 25, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: How Much Cash Do You Actually Hold?
Replies: 113
Views: 15798

Re: How Much Cash Do You Actually Hold?

I’m a retiree in my seventies. I keep about 5% of my savings in cash, defined as my checking account and a Vanguard money market fund. I don’t mind that it’s paying very little. I like knowing that it’s there if I need it.
by John151
Sat Feb 24, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Fast IRS refund
Replies: 41
Views: 4112

Re: Fast IRS refund

I filed on February 15 using FreeTaxUSA. The IRS says I’ll get my refund around February 26.
by John151
Wed Feb 21, 2018 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Safe to file taxes now?
Replies: 57
Views: 5320

Re: Safe to file taxes now?

In twenty-five years of investing with Vanguard, I’ve never gotten a corrected 1099. I filed when Form 8606 became available, on February 15. I like to get it out of the way as soon as possible, even if I’m not expecting a refund.
by John151
Sun Feb 18, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: How to turn off Vanguard texting security feature
Replies: 21
Views: 6846

Re: How to turn off Vanguard texting security feature

Like FiscallyResponsible, I wish we had the option to use email for authentication. It works well enough with Treasury Direct.
by John151
Sat Feb 17, 2018 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Federal Income Taxes in 2018
Replies: 3
Views: 920

Federal Income Taxes in 2018

According to TaxCaster, the recently enacted tax cuts will reduce my 2018 federal income taxes by about twelve percent. Are other people seeing similar results?

https://turbotax.intuit.com/tax-tools/c ... terContent
by John151
Thu Feb 15, 2018 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax & Form 8606
Replies: 9
Views: 1381

Re: TurboTax & Form 8606

I filed my federal income taxes this evening with FreeTaxUSA, and the IRS accepted my return in about an hour.
by John151
Thu Feb 15, 2018 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 60
Views: 8475

Re: IRS Form 8606 (Nondeductible IRAs)

I filed my federal income taxes this evening with FreeTaxUSA, and the IRS accepted my return in about an hour.
by John151
Thu Feb 15, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 60
Views: 8475

Re: IRS Form 8606 (Nondeductible IRAs)

The IRS has two lists of Free File Fillable Forms. Both of them are now saying that Form 8606 won’t be available until February 22.

https://www.freefilefillableforms.com/# ... ailability

https://www.irs.gov/e-file-providers/li ... able-forms
by John151
Tue Feb 13, 2018 12:02 am
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 60
Views: 8475

Re: IRS Form 8606 (Nondeductible IRAs)

If they keep postponing things, we may not have to file at all.
by John151
Mon Feb 12, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 60
Views: 8475

Re: IRS Form 8606 (Nondeductible IRAs)

They just updated the availability of Form 8606 (for FFFF) to 2/22/2018. :annoyed Where are you getting this? I just checked the FFFF site and it still shows 2/15/2018 there. Not that I would be surprised with another extension or two at this point. The list of available Free File Fillable Forms is...
by John151
Mon Feb 12, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 8606 (Nondeductible IRAs)
Replies: 60
Views: 8475

Re: IRS Form 8606 (Nondeductible IRAs)

TurboTax is still saying February 15, but that could change.