Search found 4278 matches

by Broken Man 1999
Tue May 26, 2020 3:56 pm
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 20
Views: 654

Re: Any retirees get through Covid crisis without large cash reserve?

We did are doing just fine, and we have never had a large cash reserve, or even a small cash reserve. I received somewhat of a windfall, and because of that I haven't removed funds from our retirement portfolio for months. Works out great as distributions from our TIRAs are taxable, so we are saving...
by Broken Man 1999
Tue May 26, 2020 2:53 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads: What is your largest single stock holding? (if any)
Replies: 39
Views: 1453

Re: Bogleheads: What is your largest single stock holding? (if any)

Starbucks (SBUX) that I purchased in late 2008 or early 2009 very cheaply although not at it's low as it was getting beat up pretty badly. Seems like my buy in was around $9.00-10.00?? Last year I joked with my advisor who manages the account it's in that I'll sell it in my early years of retiremen...
by Broken Man 1999
Tue May 26, 2020 1:52 pm
Forum: Personal Investments
Topic: Swedroe’s Bond Advice - no total bond index
Replies: 6
Views: 506

Re: Swedroe’s Bond Advice - no total bond index

So I finally took the time to read Larry Swedroe’s The Only Guide to a Winning Bond Strategy You'll Ever Need. Great book for those of us who don’t understand or believe in bonds. Not sure I’m sold but I understand a lot more now. One thing perplexes me though so I need to ask. Bogleheads recommend...
by Broken Man 1999
Tue May 26, 2020 12:46 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads: What is your largest single stock holding? (if any)
Replies: 39
Views: 1453

Re: Bogleheads: What is your largest single stock holding? (if any)

Exclusive of our index funds holding Microsoft, I hold some individual shares of a few stocks, largest holding being Microsoft. MICROSOFT CORP (as of today @ 1:09 PM) 214.1000 (Number of Shares Held) $11,369.12 (Total Cost) $39,184.58 (Market Value) $92.65 (Short-term Capital Gains)) $27,722.81 (Lon...
by Broken Man 1999
Mon May 25, 2020 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 335
Views: 23091

Re: The axe falls and I am prepared. What's next?

KlangFool, if anyone is prepared for a layoff, it would be you. Unless you really want to work, retiring should be a well-supported new phase of your life. Best wishes for you and your family. Your children are educated, and I'm sure they are prepared for life as well as you and your spouse could ma...
by Broken Man 1999
Mon May 25, 2020 6:27 pm
Forum: Personal Consumer Issues
Topic: What will you NOT buy online?
Replies: 40
Views: 2587

Re: What will you NOT buy online?

I bought my current van online in 2009. I bought it from a company that sold wheelchair vans to the State of Florida. I gave the company a down payment and they delivered it from Jacksonville to my Tampa Bay area home. It is approved by DOT for actual for-hire uses. Very sturdy, fully equipped with ...
by Broken Man 1999
Mon May 25, 2020 6:27 pm
Forum: Personal Consumer Issues
Topic: What will you NOT buy online?
Replies: 40
Views: 2587

Re: What will you NOT buy online?

Duplicate
by Broken Man 1999
Mon May 25, 2020 5:50 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 30
Views: 1312

Re: New TVs with built-in Roku

My garage TV is a TCL brand with Roku built in. It seems to be just fine, all the streaming APPs that I have been interested in using seem to be present. My first streaming device was an early offering Roku product. It worked very well, but now I prefer the Amazon Fire Stick streaming unit. I have a...
by Broken Man 1999
Mon May 25, 2020 10:28 am
Forum: Personal Consumer Issues
Topic: Vanguard Phishing Email
Replies: 18
Views: 2054

Re: Vanguard Phishing Email

Dvvader, did you ever get an explanation for this email (your follow-up was inconclusive)? Hey Silence Dogood, I never responded to the email I received (text in OP) but I did receive a call a week or two later, which I sent to voicemail. I don't remember the exact message, but it was akin to the e...
by Broken Man 1999
Sun May 24, 2020 4:52 pm
Forum: Personal Investments
Topic: Question about Edward Jones disapproval
Replies: 35
Views: 3049

Re: Question about Edward Jones disapproval

OP, it is admirable you have concern about your coworker and Edward Jones. But, rarely does an "intervention" get rewarded, especially an unsolicited one. I am batting .333 with family members. My two strikeouts were my brother and sister. My one hit is my BIL. OTOH, if your coworker wants your opin...
by Broken Man 1999
Sun May 24, 2020 4:34 pm
Forum: Investing - Theory, News & General
Topic: Why did you change your investing approach?
Replies: 29
Views: 1521

Re: Why did you change your investing approach?

I changed our investing approach in 2015, prior to then I had very few bonds. I moved to a 50/50 portfolio made possible by my lump-sum pension I received. The lump-sum allowed me to buy the bond funds and more equity as well. DW and I worked in what I call "the golden age of employment," having goo...
by Broken Man 1999
Sun May 24, 2020 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 421
Views: 30733

Re: Retirement Friendly States

States with no state income taxes: Washington, Nevada, Texas, Wyoming, South Dakota, Florida and Alaska The problem with Texas is the high property taxes. My father (who lives in Texas) once told me, "no one owns a home in Texas.. You're just renting from the government". While this is true everywh...
by Broken Man 1999
Sun May 24, 2020 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 119
Views: 6449

Re: Investors: be aware of weakness in 2FA + strengthening

How secure is a VoIP?

My VoIP phone never gets out of the house, unlike my cell phone.

Broken Man 1999
by Broken Man 1999
Sun May 24, 2020 12:13 pm
Forum: Personal Consumer Issues
Topic: Vanguard Phishing Email
Replies: 18
Views: 2054

Re: Vanguard Phishing Email

One thing I have started doing is to include the contact number of the entity I am adding to my password program. Then, I can call without having to sign into my account and check out any questions I might have concerning an email received. Some companies make it difficult to find their telephone nu...
by Broken Man 1999
Sun May 24, 2020 11:21 am
Forum: Personal Consumer Issues
Topic: Amazon Prime delayed shipping
Replies: 38
Views: 2486

Re: Amazon Prime delayed shipping

Much like Vanguard's influence on the mutual fund industry, Amazon has forced other retailers to up their game, in shipping and overall online experience. I order mostly from Sam's, Costco, Walmart, Target, and Amazon. Thing is, only Amazon will have the majority of things I order. Other sites will ...
by Broken Man 1999
Sat May 23, 2020 3:34 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 118
Views: 9118

Re: Personal spending out of control after Covid-19

Wife came home yesterday with a few six-packs of Leinenkugel Summer Shandy, as it was BOGO at Publix. I mean, she had to buy them! Very refreshing in these hot days. I am finishing up the liter bottle of Bacardi Gold rum one of my aides got me for Christmas. It seems to have developed a hole in the ...
by Broken Man 1999
Sat May 23, 2020 2:37 pm
Forum: Personal Consumer Issues
Topic: Warning: Virginia State Inspection
Replies: 38
Views: 3704

Re: Warning: Virginia State Inspection

So, as with many laws, inspections of the vehicles of responsible citizens will net a few things to be fixed. All the while the scoffalaws will continue driving vehicles that probably on average will need more repairs. I just got my VA safety and emissions inspection this morning. Thankfully, nothin...
by Broken Man 1999
Sat May 23, 2020 1:53 pm
Forum: Investing - Theory, News & General
Topic: El-Erian comments on the crisis
Replies: 60
Views: 5874

Re: El-Erian comments on the crisis

He is one of the very very few people I listen to so far as finance/economy discussions.

Thanks for the link!

Broken Man 1999
by Broken Man 1999
Sat May 23, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: TIAA warns on negative yields on money market funds
Replies: 71
Views: 4743

Re: TIAA warns on negative yields on money market funds

YTD DW and I have earned $4.25 in our MMFs, all of them being our sweep accounts for our various accounts. So, negative interest rates aren't very scary for us. To go along with our very low dividends on our MMFs, the majority of our bonds are treasury index bond funds, and they aren't exactly setti...
by Broken Man 1999
Fri May 22, 2020 6:06 pm
Forum: Investing - Theory, News & General
Topic: Updating Outside Investments on Web Site [Vanguard]
Replies: 25
Views: 1436

Re: Updating Outside Investments on Web Site [Vanguard]

I use both type updates of the Vanguard aggregator, so some accounts are updated automatically, others are updated manually. My ongoing issue is with a small $$$ account I have at my alma mater's credit union. Every few months I have to reset access for the account. All the other accounts update fla...
by Broken Man 1999
Fri May 22, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: Who's right about the future? Stock or Bond market?
Replies: 50
Views: 4419

Re: Who's right about the future? Stock or Bond market?

mindboggling wrote:
Thu May 21, 2020 7:54 pm
Split the difference and buy some of both.
50/50 AA works for us. We have been there for a few years. Easy to determine which side to withdraw from for expenses as needed.

Very easy to rebalance, especially for a lazy person.

Broken Man 1999
by Broken Man 1999
Fri May 22, 2020 10:18 am
Forum: Personal Investments
Topic: Can retirement be this simple?
Replies: 31
Views: 4270

Re: Can retirement be this simple?

I have been struggling with entering the distribution phase of life. I have read a gazillion posts, and I think I know the Boglehead answer to my question. I may be just looking for assurance I guess. Here is the situation: I need to rollover a lump sum pension and a 401k to an IRA. I plan on rolli...
by Broken Man 1999
Thu May 21, 2020 6:40 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 611
Views: 31853

Re: What are you listening to now

Today I have been listening to a collection of CDs my neighbor gave me. He was cleaning out his sister's home who recently died. I'm down to the last few songs. Started listening early this morning. The collection is Giants of the Big Band Era , a CD from each of these groups: -Glen Miller Orchestr...
by Broken Man 1999
Thu May 21, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20879

Re: Vanguard brokerage account transition

This thread has taught me that being politely asked for nearly a decade to consider migrating to a platform of choice that maintains the vast majority of functionality to which I have become accustomed and stubbornly refusing to do so of my own free will equates to being treated like garbage. An in...
by Broken Man 1999
Thu May 21, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5625
Views: 481541

Re: U.S. stocks continue to soar!

Unemployment numbers approaching Great Depression numbers and S&P at 3000 :beer I learned last week from David Stein's Money for the Rest of Us podcast that S&P 500 firms only employ 17% of the U.S. workforce. That means that the entire publicly traded stock market (i.e. total stock market) covers ...
by Broken Man 1999
Wed May 20, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC - original mortgage not satisfied
Replies: 17
Views: 1072

Re: HELOC - original mortgage not satisfied

Your thread has convinced me that I need to check to see if I still have my mortgage satisfaction letter. I definitely remember getting it, and if by chance I did misplace it, another letter should be easy to obtain as the mortgage was held at my credit union, and they never sold it. In fact I remem...
by Broken Man 1999
Wed May 20, 2020 1:30 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 611
Views: 31853

Re: What are you listening to now

Right now it is Jeff Lynne's ELO Alone in the Universe.

Lynne is one of two living members of The Traveling Wilburys. I have Disk 1 and Disk 3. :wink:

Petty, Orbison, Harrison, all gone. Dylan (technically alive, voice long dead) and Lynne still alive.

Broken Man 1999
by Broken Man 1999
Wed May 20, 2020 1:13 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 611
Views: 31853

Re: What are you listening to now

John Mayall — Blues From Laurel Canyon https://www.youtube.com/playlist?list=PL8JYSBmo-1yHc8uUj5wFOMu6OA2_AEPZK The themes of the tunes on this album were a perfect fit for a high school kid in the 70s. (And I never really outgrew it. 8-) ) I had never heard lyrics quite like some of these put to b...
by Broken Man 1999
Wed May 20, 2020 12:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20879

Re: Vanguard brokerage account transition

Because of the uncertainty over the future of the Vanguard MF accounts, I've been forced to decide to stop adding new money into Vanguard. I'm not comfortable holding assets over SIPC insurance limits in a brokerage account. So what is your alternative? I am going to look into private banking type ...
by Broken Man 1999
Wed May 20, 2020 11:40 am
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 95
Views: 6074

Re: Discarding Music CDs

According to my PC, I have 391 GB (420,614,741,538 bytes) of music, 13,669 songs, 1067 CDs. My normal routine when I buy a new CD, or I receive one from someone, I rip it lossless, and that is the last time the CD is handled, the CDs are all in several boxes, still in their jewel cases. People know ...
by Broken Man 1999
Wed May 20, 2020 8:18 am
Forum: Personal Investments
Topic: Why no HSA at Vanguard?
Replies: 19
Views: 1378

Re: Why no HSA at Vanguard?

I think Vanguard today is less likely to launch new products than perhaps in the past. First, given the rate the company is hoovering up funds, they probably cast a very practiced eye to determine if the product adds anything to their business. And, if not, they are simply not interested. Vanguard i...
by Broken Man 1999
Tue May 19, 2020 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Considerations: Marriage in your 50s/60s
Replies: 23
Views: 1832

Re: Financial Considerations: Marriage in your 50s/60s

Second marriage, upcoming 25th anniversary. I was 50 and he was 56 when we married. There was a big difference in incomes and net worth, and we each have two children, so we had a prenuptial agreement. We kept our finances separate, and still do. HIs portfolio is more than 3 times mine, and he does...
by Broken Man 1999
Tue May 19, 2020 10:06 am
Forum: Personal Consumer Issues
Topic: Vault Safe in the attic; welded, anyone ?
Replies: 78
Views: 4030

Re: Vault Safe in the attic; welded, anyone ?

I think OP has a good line of thought. And it's not the most frivolous idea. I also subscribe to the theory a determined baddie will get their way. But the objective is to make your house/car/safe/valuables less attractive than the next one. I do think though that hiding a safe in the attic is a da...
by Broken Man 1999
Tue May 19, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20879

Re: Vanguard brokerage account transition

Not that I am advocating this, but what prevents Vanguard from "divorcing" a customer they no longer wish to have a business relationship with? This is exactly what's been done here.... Vanguard now brings in trillions and they don't need the hassle; people who need minority features (compliance re...
by Broken Man 1999
Tue May 19, 2020 8:43 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20879

Re: Vanguard brokerage account transition

Not that I am advocating this, but what prevents Vanguard from "divorcing" a customer they no longer wish to have a business relationship with? Does Vanguard's brokerage platform conform to all state/federal regulations? One would certainly hope so. So, I would assume there is no state/federal regul...
by Broken Man 1999
Mon May 18, 2020 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC - original mortgage not satisfied
Replies: 17
Views: 1072

Re: HELOC - original mortgage not satisfied

Go to your county's property appraiser/tax site. If your mortgage was paid in full, they should be able to tell the recording entry for the property. You should also have received a letter of satisfaction of mortgage from your mortgage holder. Do you remember getting such a document? Broken Man 1999
by Broken Man 1999
Mon May 18, 2020 4:38 pm
Forum: Personal Consumer Issues
Topic: How to get disinfecting wipes..seriously
Replies: 70
Views: 5055

Re: How to get disinfecting wipes..seriously

I have been giving neighbors some of this stuff. I bought four gallons online at Sam's, delivered on March 11 for $21.92 total. Member's Mark Commercial Sanitizer (128 oz.) This product (EPA Registration #6836-302) is included on EPA’s List N, which meets EPA’s criteria for use against SARS-CoV-2, t...
by Broken Man 1999
Mon May 18, 2020 2:49 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2734

Re: Dividend vs Total Return question

This thread should be euthanized, lest someone make a serious financial decision based on the info!

Broken Man 1999
by Broken Man 1999
Sun May 17, 2020 4:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8555

Re: Vanguard Mutual Fund Platform EOL

Vanguard just says: "Joint accounts don't need beneficiaries. Joint accounts simply pass to the surviving owner." That sounds like a reasonable explanation. Unless the unlikely event that all joint owners die at the same time is there a reason for beneficiary? As long as couples ride in the same ca...
by Broken Man 1999
Sun May 17, 2020 3:22 pm
Forum: Personal Investments
Topic: Should a regular investor pump in more money on ETF during this time?
Replies: 14
Views: 958

Re: Should a regular investor pump in more money on ETF during this time?

Best time to invest is when you have $$$ available to invest.

Time in market is better than timing the market.

Broken Man 1999
by Broken Man 1999
Sun May 17, 2020 3:08 pm
Forum: Personal Consumer Issues
Topic: How to gift to your kids ?
Replies: 8
Views: 1255

Re: How to gift to your kids ?

We gave each DD $10,000 AFTER they closed on their first home. We didn't want them to know what we would do in advance to keep them from reaching for a more expensive home. We also paid for their college, each holds a graduate degree, all earned with zero student debt. We paid for their weddings, as...
by Broken Man 1999
Sun May 17, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 611
Views: 31853

Re: What are you listening to now

Nicolas wrote:
Sun May 17, 2020 2:09 pm
The Essential Flatt & Scruggs on Apple Music
I listened to a lot of Lester Flatt, Earl Scruggs and the Foggy Mountain Boys growing up.

I also enjoy Rascal Flatts.

Broken Man 1999
by Broken Man 1999
Sun May 17, 2020 2:05 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 611
Views: 31853

Re: What are you listening to now

This morning I listened to four albums of my 16 album Beatles collection a DD bought for me. Now I am listening to Prime Music streaming the Doobie Brothers , smoking a smooth Rocky Patel cigar as I read the articles in my City Journal magazine. As soon as I finish my cigar I will be drinking a rum ...
by Broken Man 1999
Sun May 17, 2020 11:29 am
Forum: Personal Investments
Topic: Ever Buy a “Good Cause” Stock?
Replies: 11
Views: 624

Re: Ever Buy a “Good Cause” Stock?

Have you ever bought shares in a company as a way to support its cause, activity, or product? And, perhaps more importantly, does buying stock in a company, especially a smaller company, “help” it? I just bumped into such a stock. It’s a small European company engaged in a project that would help a...
by Broken Man 1999
Sun May 17, 2020 8:50 am
Forum: Personal Finance (Not Investing)
Topic: GiftRocket - Online gift card
Replies: 4
Views: 286

Re: GiftRocket - Online gift card

There is no way I would give the company my banking info!

Exchange it for whatever gift card floats your boat.

Broken Man 1999
by Broken Man 1999
Sat May 16, 2020 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Fraudulent charges... Getting really tired of the number of times this happens and resulting hassle.
Replies: 56
Views: 4420

Re: Fraudulent charges... Getting really tired of the number of times this happens and resulting hassle.

I charge everything I can to my Priceline Visa 2% rewards card unless it is gas or restaurants or grocery charges. I do get fraudulent charges and have to replace one card or the other every couple of years. One thing my cards all seem to do is to continue all regular charges for some time, so they ...
by Broken Man 1999
Sat May 16, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need to worry about receiving college financial aid in 15 years if...
Replies: 28
Views: 2346

Re: Do you need to worry about receiving college financial aid in 15 years if...

Expectations do not always turn into reality. And, in 15 years, college might look totally different. Who knows? Not I, for sure. I think the best thing any parent can do is to set aside what they can, assuming paying for all/part of college is something they want to do for their child(ren). If you ...
by Broken Man 1999
Sat May 16, 2020 12:02 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 98
Views: 6191

Re: Alternatives to Craftsman Tools

For sockets and wrenches, I'd try to get my hands on SnapOn, if you can get access to them. For other hand tools, it really depends on the exact product category. I really like what Milwaukee is producing these days. DeWalt, Bosch, Makita – don't think you can go wrong there for power tools. I know...
by Broken Man 1999
Sat May 16, 2020 10:30 am
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 98
Views: 6191

Re: Alternatives to Craftsman Tools

For sockets and wrenches, I'd try to get my hands on SnapOn, if you can get access to them. For other hand tools, it really depends on the exact product category. I really like what Milwaukee is producing these days. DeWalt, Bosch, Makita – don't think you can go wrong there for power tools. I know...
by Broken Man 1999
Sat May 16, 2020 8:57 am
Forum: Investing - Theory, News & General
Topic: Updated Vanguard Purchase Policy
Replies: 16
Views: 1742

Re: Updated Vanguard Purchase Policy

Eagle33 wrote:
Sat May 16, 2020 2:26 am
VG is also changing their mail address so a 3rd party company can process it.
True.

However a third-party company was already being used, located in Wisconsin. I believe they are now using a company in Texas.

Broken Man 1999