Search found 1371 matches

by radiowave
Fri Jan 19, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Which is faster - Push or Pull - Transfer of cash into investment accounts
Replies: 19
Views: 1196

Re: Which is faster - Push or Pull - Transfer of cash into investment accounts

check to see if your bank charges a fee for outgoing ACH transfers, Bank of America does, cant remember but still a few dollars per transfer. I "pull" from the receiving end.
by radiowave
Thu Jan 18, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 4871

Re: To the doctors on the forum

. . . Healthcare costs need to be reduced at every part of the chain...universities, hospitals, pharmaceutical companies, medical device manufacturers. Insurance companies are usually pitted as the bad guys but they just want some margin...that margin doesn't change if healthcare costs and premiums...
by radiowave
Wed Jan 17, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 4871

Re: To the doctors on the forum

Here's an excellent Times Magazine article by Steven Brill a few years ago that highlights the problem of healthcare costs/bills:

http://content.time.com/time/subscriber ... 4,00.html
by radiowave
Mon Jan 15, 2018 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: CDs & Savings as a substitute for bonds or bond funds
Replies: 20
Views: 2243

Re: CDs & Savings as a substitute for bonds or bond funds

Yeah, reinvestment of interest is a nice advantage of direct CDs. In addition to the automatic reinvestment of interest, some direct CDs automatically roll over to a new CD of the same maturity. This is a bad feature if the new rate is not competitive (perhaps by design) and requires the investor t...
by radiowave
Mon Jan 15, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Critique for my Father
Replies: 16
Views: 1890

Re: Retirement Critique for my Father

OP welcome. Some plans allow early withdrawal of funds after a certain age (59.5 typically) while still working this is called an inservice distribution (other more knowledgeable forum members please comment if I am off on this). If that is the case, you dad could set up a rollover IRA and move his ...
by radiowave
Mon Jan 15, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: retirement scenario [safety of IRA funds]
Replies: 18
Views: 1543

Re: retirement scenario [safety of IRA funds]

In addition to David's suggestions, there is also a Vanguard Target Retirement Income fund (30/70) that has some TIPS https://personal.vanguard.com/us/funds/snapshot?FundId=0308&FundIntExt=INT&ps_disable_redirect=true#tab=0 It's been a steady 4-5% over the past 10 year returns (this past year 8.5%) ...
by radiowave
Mon Jan 15, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 69
Views: 5056

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

A few years ago, my wife was leaving early for work and I heard her scream as she was going out the front door. I dashed downstairs and found a big tree had fallen over the driveway. Had to find a tree removal service immediately to get the cars out, he wouldn't take credit card but did take a local...
by radiowave
Mon Jan 15, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 105
Views: 6036

Re: Looking for a reasonably priced, safe international destination

ubermax wrote:
Sun Jan 14, 2018 4:26 pm
Ireland , Aer Lingus flies there direct from many US cities now , DW and I are planning a trip ourselves .
+2 and Aer Lingus has had some competitively priced flights lately.
by radiowave
Sun Jan 14, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 39
Views: 4500

Re: Merrill Edge best choice for higher net worth accounts?

I have a ME account for about a year and half but will be closing it shortly. I use mostly mutual funds but apparently these are not covered under the no commission bonus, only ETFs. Yes, you can get any publicly traded ETF without trading fee if you have $100k or more. I never liked the online inte...
by radiowave
Sat Jan 13, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: Emergency evacuation with pre-existing condition
Replies: 13
Views: 986

Re: Emergency evacuation with pre-existing condition

sil2017 I took a few nursing students to Arusha Tanzania a few years ago - that is the likely base for your trip up Kili. We were at the district hospital Mt Maeru. Conditions are primitive and not up to Western medicine standards. So if you have a medical condition that may be problematic, take a l...
by radiowave
Sat Jan 13, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: VUSXX vs. TreasuryDirect
Replies: 10
Views: 1014

Re: VUSXX vs. TreasuryDirect

Windfall-parking theory says to temporarily park large amounts (that would exceed FDIC limits) in short term (say 4-wk) T-Bills or an MM fund, until you figure out what you actually want to do with the cash. pcflow welcome to the forum. You can go up to $250k per person per bank for FDIC coverage. ...
by radiowave
Sat Jan 13, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest Emergency Fund
Replies: 11
Views: 675

Re: Where to Invest Emergency Fund

Emergency fund should not contain stock. Emergency fund is most need when stocks are dropping, and economy is in a dive, and you have lost your job. I use Synchrony bank high yield account paying 1.45%. Many here use Ally. FDIC insured up to $250K per individual. Two other online banks to consider ...
by radiowave
Fri Jan 12, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 63
Views: 6909

Re: Our 'cure' for emergency expenses

We use a 3 category approach: - normal day to day expenditures - capital expenses (e.g. we bought a new car this year to replace our ageing Honda CR-V which I got to 174k miles). - and mortgage. I use the normal expenses as a gauge of future expense in retirement and "opportunities" for improvement...
by radiowave
Fri Jan 12, 2018 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 63
Views: 6909

Re: Our 'cure' for emergency expenses

We use a 3 category approach: - normal day to day expenditures - capital expenses (e.g. we bought a new car this year to replace our ageing Honda CR-V which I got to 174k miles). - and mortgage. I use the normal expenses as a gauge of future expense in retirement and "opportunities" for improvement....
by radiowave
Thu Jan 11, 2018 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: How many years of fixed income for Sequence of Return Risk
Replies: 26
Views: 1951

Re: How many years of fixed income for Sequence of Return Risk

I don't think any of the posts indicate whether and how Social Security and pensions play in your considerations. In general, if there are secure sources of income to pay the basic bills, you can increase your allocation to stocks. In your situation, such as I understand it, any rebalance upping st...
by radiowave
Thu Jan 11, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Sequence of Return Risk impact on Retirement
Replies: 103
Views: 4224

Re: Sequence of Return Risk impact on Retirement

I prefer to discuss mitigation strategies for poor investment returns in retirement. Obviously, retiree #1 with sufficient income from SS, pensions, and payout-phase annuities is highly immune to SOR risk. His portfolio is strictly for discretionary purchases and the next generation. Retiree #2 fun...
by radiowave
Wed Jan 10, 2018 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 12102

Re: Is it time for me to "call in rich"?

Sounds like a good plan. Healthcare is the biggest unknown and cost. Do you want that uncertainty until you both turn 65?
by radiowave
Wed Jan 10, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Sequence of Return Risk impact on Retirement
Replies: 103
Views: 4224

Re: Sequence of Return Risk impact on Retirement

If one spends from the bond, then, the equity portion will raise as a percentage of the portfolio. From the bond standpoint, increasing before retirement and reducing after retirement. Aka, "bond tent". From the stock standpoint, decreasing before retirement and increasing after the retirement. The...
by radiowave
Tue Jan 09, 2018 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Sequence of Return Risk impact on Retirement
Replies: 103
Views: 4224

Re: Sequence of Return Risk impact on Retirement

In practice, I wonder how obvious the outcome will be as the time slowly goes by. Because in reality, it's not just the sequence of market returns that affects the outcome. The sequence of inflation is also an important factor. I wonder how obvious the interaction of the two will be over time. Exce...
by radiowave
Tue Jan 09, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Sequence of Return Risk impact on Retirement
Replies: 103
Views: 4224

Re: Sequence of Return Risk impact on Retirement

I'll also pick b. There was (still is) an excellent SOR thread recently https://www.bogleheads.org/forum/viewtopic.php?f=1&t=236665 KlangFool I see you posted there. I think I'm in the same boat as you, just a few years out from retirement, wondering what happens if the market takes a nosedive and t...
by radiowave
Tue Jan 09, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Men's no iron dress shirt recommendations
Replies: 66
Views: 3970

Re: Men's no iron dress shirt recommendations

LL Bean for solid-color oxfords. Their heavy weight ones have excellent fabric and survive many washings. +2, I wear mostly LL Bean heavy weight solid colors and a couple tattersails. The trick is to take them out of the dryer right at end of cycle or just before when they are slightly damp, hanger...
by radiowave
Tue Jan 09, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Dad's Portfolio
Replies: 6
Views: 1060

Re: Help with Dad's Portfolio

Nice spreadsheet :beer

You could consider consolidating all of the bond MF into VBTLX depending if the capital gains hit is not too bad, but to be honest, unless simplification of the portfolio is a primary objective, maybe just leave things as they are.
by radiowave
Sun Jan 07, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Noob question.. funding buy orders
Replies: 2
Views: 312

Re: Noob question.. funding buy orders

If you have the bank account linked, VG will allow you to purchase mutual funds (not ETFs) directly from your bank account so you don't have to move the $ to VG first then purchase (like some other brokers). I cannot answer the other question about double funding . . . at the least, you can do two s...
by radiowave
Sun Jan 07, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: VWIUX vs VBTLX in 24% tax bracket
Replies: 6
Views: 844

Re: VWIUX vs VBTLX in 24% tax bracket

You are still going to pay federal income tax on VBTLX if you put it in taxable. If you have room or otherwise are able, put total bond in a tax deferred account, tIRA, 401k, etc.
by radiowave
Sun Jan 07, 2018 6:58 pm
Forum: Investing - Theory, News & General
Topic: Early Retirement Planning Strategy
Replies: 16
Views: 2254

Re: Early Retirement Planning Strategy

One of the biggest unknowns (and potential expense) is healthcare insurance. Have you given that any thought?
by radiowave
Sun Jan 07, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 30896

Re: Ally Bank 11 month [No-Penalty CD]

libralibra wrote:
Sat Jan 06, 2018 7:06 pm
Note, the LTCG brackets aren't tied to the new brackets anymore, and are offset a couple hundred dollars. E.g. the 15% bracket starts at $77,200 for joint returns and $38,600 for single.
Is that $77,200 after the standard deduction (or itemized)?
by radiowave
Sat Jan 06, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7262

Re: What strategy do you use to reduce sequence of returns risk in retirement?

I've been thinking about this and get a bit stuck with the idea that most bonds in a 3 fund portfolio are in tax-deferred space so you wind up pulling from your 401k/tIRA, etc. early in retirement and incurring income tax (hopefully at a lower rate than when working). If your equity funds, e.g. Tot...
by radiowave
Sat Jan 06, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7262

Re: What strategy do you use to reduce sequence of returns risk in retirement?

. . . 3) Personally I like the idea of a rising glidepath -- enter retirement with a relatively conservative asset allocation (say 40/60 stock/bond), and consider increasing equity percentage later. This model is not universally accepted, but it would let me sleep better than any attempt to be more...
by radiowave
Sat Jan 06, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: CapOne Quicksilver vs. USAA card
Replies: 14
Views: 824

Re: CapOne Quicksilver vs. USAA card

Check, what's a check . . . oh yeah those little green slips of paper you'd send every month in an envelope and put something you licked called a stamp on it then took it to a building called a post office . . . :) Sorry couldn't resist, just a little joke for this Friday. That have your bank accou...
by radiowave
Fri Jan 05, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Fidelity Account - FSTVX vs ITOT
Replies: 53
Views: 3463

Re: Taxable Fidelity Account - FSTVX vs ITOT

Another option is to purchase the Vanguard Total Stock ETF VTI. It will cost you a fee per trade of 4.95 however.
by radiowave
Fri Jan 05, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: CapOne Quicksilver vs. USAA card
Replies: 14
Views: 824

Re: CapOne Quicksilver vs. USAA card

Check, what's a check . . . oh yeah those little green slips of paper you'd send every month in an envelope and put something you licked called a stamp on it then took it to a building called a post office . . . :)

Sorry couldn't resist, just a little joke for this Friday.
by radiowave
Fri Jan 05, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: CapOne Quicksilver vs. USAA card
Replies: 14
Views: 824

Re: CapOne Quicksilver vs. USAA card

The USAA credit card I have is 2.5% cash back for any purchases, and no limits, not 1.5%. I'd get that one. Link to card: https://www.usaa.com/inet/wc/bank_cc_limitless_cashback_visa_signature?akredirect=true The 2.5% card is not available in our area. This is the card I am looking at: https://www....
by radiowave
Fri Jan 05, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: CapOne Quicksilver vs. USAA card
Replies: 14
Views: 824

CapOne Quicksilver vs. USAA card

I have the Quicksilver card for a couple years and like this for my travel - 1.5% and no foreign transaction fees. However Capital One no longer supports Ebilling and I really don't like any card/bank to withdraw funds directly. The USAA card is 1.5% no FTF and does support eBilling. So looking for ...
by radiowave
Tue Jan 02, 2018 9:28 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 76
Views: 8061

Re: Talk me out of a 60/40 AA

There's a lot to be said where you are in relationship to retirement. If I was going to retire in say early 2008, if I had a more conservative portfolio I would be better off in the short term (e.g. late 2008 through 2011) than a more aggressive one. If the investments are part of the anticipated fu...
by radiowave
Tue Jan 02, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidate to Single Financial Institution?
Replies: 30
Views: 2225

Re: Consolidate to Single Financial Institution?

Have you considered that you may double your chances of being hacked if you have two brokerages? It's like the dilemma of flying in a 2 engine airplane, you have a second engine to get you back on the ground hopefully in one piece if one engine quits, but you double your chances of having an engine...
by radiowave
Tue Jan 02, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation of recently acquired windfall
Replies: 12
Views: 875

Re: Asset Allocation of recently acquired windfall

hexonyou welcome to the forum! You've been reading the wiki so I'll assume you are familiar with the link regarding windfall (and a number of other posts you can just put windfall in the search as well to get a lot of feedback). The general feedback on the forum is: don't tell anyone about your wind...
by radiowave
Mon Jan 01, 2018 10:54 pm
Forum: Personal Consumer Issues
Topic: Long Term House—Any Regrets on things you didn’t do?
Replies: 48
Views: 5808

Re: Long Term House—Any Regrets on things you didn’t do?

Some wins: - installed a large slop sink in the garage. My wife is a gardener, I tinker, we never have to come into the house dirty - when we bough current house a few years ago, I had about 3 weeks of bare house before we moved in. I painted the entire interior of the house and also painted the ent...
by radiowave
Mon Jan 01, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidate to Single Financial Institution?
Replies: 30
Views: 2225

Re: Consolidate to Single Financial Institution?

Hi, Many on the forum have multiple brokerage accounts as well as online savings. Yes, it is beneficial to have cash and investments spread across multiple institutions. On the other hand, it adds complexity and multiple points of entry for hackers/other bad actors. If you want to add cash managemen...
by radiowave
Mon Jan 01, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Short Term Fund for 2018: Vanguard Prime Money Market or Short Term Investment Grade
Replies: 6
Views: 684

Re: Short Term Fund for 2018: Vanguard Prime Money Market or Short Term Investment Grade

Have you considered short term CDs in a high yield online bank e.g. Ally? You have until tomorrow to get onboard the 12 mo 2% CD and they are still advertising the 11 mo no withdrawal penalty CD at 1.75% ($25k minimum).
by radiowave
Sat Dec 30, 2017 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique/ poke holes in my portfolio
Replies: 3
Views: 330

Re: Please critique/ poke holes in my portfolio

Emergency funds: Approx. 10 months @ 5000/month. All in cash in bank
Only thing I'll add to the above is do you have your cash in a high yield savings account like Ally (and consider taking advantage of their 11 mo 1.75% no withdrawal penalty - 25k min).
by radiowave
Sat Dec 30, 2017 10:58 am
Forum: Investing - Theory, News & General
Topic: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits
Replies: 15
Views: 1788

Re: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits

My local CU is trying a reverse-tier, no-fee, no-minimum-balance, withdraw-the-money-at-any-time savings account idea to attract new deposits. The rate structure is: --$0-2K: 3.25% APY --$2-5K: 1.5% APY --$5-10K: 0.75% APY --$10-50K: 0.4% APY -->$50K: 0.3% APY vs. their current personal share (savi...
by radiowave
Sat Dec 30, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: NC or SC beach area summer rentals for big group
Replies: 19
Views: 1011

Re: NC or SC beach area summer rentals for big group

One other thing to consider is hurricane season starts in June but most of the bad storms don't start threatening the East Coast until August. The later the season you travel to the beach the higher the chance of having to content with a lurking hurricane.
by radiowave
Fri Dec 29, 2017 10:21 pm
Forum: Personal Consumer Issues
Topic: NC or SC beach area summer rentals for big group
Replies: 19
Views: 1011

Re: NC or SC beach area summer rentals for big group

Topsail Beach NC . . . just north of Wilmington. If you're flying in, about 30 min drive from the airport. Beautiful sandy beaches, small town and Surf City is just a few minutes by car. All residential on the south end of the island, not too crowded in the summer compared to say Myrtle Beach. Easy ...
by radiowave
Fri Dec 29, 2017 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: Temporary Spot For Cash
Replies: 5
Views: 514

Re: Temporary Spot For Cash

Ally Bank (ally.com) 11 mo CD no penalty at 1.75%

https://www.ally.com/bank/no-penalty-cd/

and split with another high yield savings like AMEX, Discover, Synchrony, etc.

If you have Fidelity, their cash management accounts are FDIC insured for over 1 million.
by radiowave
Thu Dec 28, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 30896

Re: Ally Bank 11 month [No-Penalty CD]

Anyone know if there is a way to directly convert these to the higher rate (prior to maturity) without round tripping them through another account? I do not have a checking account at Ally, just a Savings. Having problems opening new checking due to credit freeze. I have 17 of these CDs at 1.5%. Ro...
by radiowave
Thu Dec 28, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Bond allocation-what I'm I missing
Replies: 15
Views: 955

Re: Bond allocation-what I'm I missing

Been reading here for last few weeks, I don't understand the the need or desire to hold bonds, such a low rate of return, vs stocks. Maybe being in biz all my life looking at 3-4% return on bonds is not IMO really making money is it? I want to invest in a Sep Ira to see a reasonable ROI, is it craz...
by radiowave
Wed Dec 27, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Fund
Replies: 5
Views: 649

Re: Target Retirement Fund

It isn't the actual date of the fund, but the asset allocation you feel most comfortable. At 47 a 60 stock/40 bond ratio would be a good tradeoff of risk vs. return.
by radiowave
Wed Dec 27, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Increasing Cashflow to payoff Mortgage or Market Investing?
Replies: 8
Views: 881

Re: Increasing Cashflow to payoff Mortgage or Market Investing?

One other thing to consider is $5,500 contribution to traditional IRA or Roth IRA. The tIRA is pretax so that reduces your taxable salary but you still pay on withdrawal in retirement with the assumption of lower tax rates. The Roth is post tax but accumulates tax free. Do you have your cash in a hi...
by radiowave
Wed Dec 27, 2017 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Online vs. Download
Replies: 34
Views: 2475

Re: Turbotax Online vs. Download

In past years I've downloaded Turbotax, but this year I'm forced to use the online version - my computer/OS is too ... old :!: So, I've put a lot of numbers (some of which are estimates) into the online program (to do Roth conversion modeling), and my impression is that it's a better designed, smoo...