Search found 2890 matches

by oldcomputerguy
Mon Jun 11, 2018 5:58 am
Forum: Personal Finance (Not Investing)
Topic: How to Handle Medicare
Replies: 5
Views: 635

Re: How to Handle Medicare

Yes, her employer has several thousand workers. After she retires, it also has some sort of continuing coverage where it'll pitch in and pick up a certain percentage of her health insurance costs, if that makes any sense ... not sure how that might effect Medicare, either! The coverage she has now ...
by oldcomputerguy
Sun Jun 10, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best banks for checking accounts?
Replies: 33
Views: 3213

Re: Best banks for checking accounts?

The ideal bank should have: — free checking — free ATM withdrawals — a local branch near where you live or work Everything else is just icing on the cake. You forgot 2FA. I've looked at most (if not all) of the B&M banks in my town, none of them offer 2FA on checking accounts. Until two-factor auth...
by oldcomputerguy
Sun Jun 10, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investing when someone else gets all dividends
Replies: 80
Views: 4735

Re: Investing when someone else gets all dividends

ibhhvc wrote:
Sat Jun 09, 2018 7:38 am
Allows the principal in the account to grow without any dividend reinvestment.
How will principal grow without dividend reinvestment? I'm a bit confused by this requirement.
by oldcomputerguy
Sun Jun 10, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: What does "tap into" the Social Security trust fund mean?
Replies: 29
Views: 2272

Re: What does "tap into" the Social Security trust fund mean?

EdwardL007 wrote:
Sun Jun 10, 2018 10:41 am
But bonds are IOUs. "They" pay interest but isn't the "They" us? Where do the dollars come from to pay this interest?
Taxes.
by oldcomputerguy
Sun Jun 10, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 6010

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

In this theoretical scenario, the idea was that I'd be getting at least the same expected returns everyone in here would be expecting, aka winning. The reaction from people here was, I think, not so much negative on you investing as on you borrowing to invest. I fully expect that my portfolio will ...
by oldcomputerguy
Sun Jun 10, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 6010

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

windfallhelp112 wrote:
Sun Jun 10, 2018 8:19 am
I've arranged my student loans by interest rate, and actually, don't have a mortgage but was considering buying in cash.
Um, I'm a bit confused. In your original post, you indicated that one of your obligations was "$210k house".
by oldcomputerguy
Sun Jun 10, 2018 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Best banks for checking accounts?
Replies: 33
Views: 3213

Re: Best banks for checking accounts?

UpperNwGuy wrote:
Sun Jun 10, 2018 8:17 am
The ideal bank should have:
— free checking
— free ATM withdrawals
— a local branch near where you live or work

Everything else is just icing on the cake.
You forgot 2FA. I've looked at most (if not all) of the B&M banks in my town, none of them offer 2FA on checking accounts.
by oldcomputerguy
Sun Jun 10, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 6010

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

I agree with the sentiment and most of what you're saying, I am not against the debt-free scenario at all and it is great. I'm just measuring another scenario which is greedy but leaves me ahead in net worth after gambling for 5 years straight, You're assuming you will win that entire time. If you ...
by oldcomputerguy
Sun Jun 10, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Why not use Fidelity High Income Fund SPHIX?
Replies: 14
Views: 1498

Re: Why not use Fidelity High Income Fund SPHIX?

Thanks Retiredjg! Having 30% of our porfolio in (FSITX) Fidelity U.S. Bond Index Fund Premium Class (0.05%) is killing me. I have no risk CDs earning 1.75%. I'm holding FSITX in my IRA, and am happy with it. Sure, it has shown a loss in NAV YTD, but so has just about the entire investment-grade bon...
by oldcomputerguy
Sat Jun 09, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12278

Re: Why Edward Jones?

... At my son's work, a Morgan Stanley financial advisor made the rounds and asked him where he kept his investments. My son replied, "At Vanguard." The Morgan Stanley guy made a face, "Oooh, you settle for just average." If I had been your son, I would have been tempted to reply, “Safe from the li...
by oldcomputerguy
Sat Jun 09, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: Need advice on 1st international vacation
Replies: 106
Views: 5713

Re: Need advice on 1st international vacation

Try a Viking River cruise. It has just about everything you describe.
by oldcomputerguy
Sat Jun 09, 2018 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Existing Roth IRA
Replies: 15
Views: 719

Re: Existing Roth IRA

Jablean wrote:
Sat Jun 09, 2018 4:23 pm
Isn't the money you take out of the IRA to move into the Roth taxed as income?
Yes. The money coming out of the tIRA is taxed as a distribution (unless it was post-tax money to begin with and was never claimed as a deduction) and will be reported to the IRS on Form 1099-R as taxable income.
by oldcomputerguy
Sat Jun 09, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5023

Re: Rowing machine motivation

My exercise regimen at present consists of walking two miles a day on the walking track near my home. I must be doing something right; since I started this (and since I cut out sugar, chips, and alcohol) I've lost 23 pounds. To distract myself, I have ripped the audio from all the episodes of "The W...
by oldcomputerguy
Sat Jun 09, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Simple method to see which countries VSS stocks come from?
Replies: 4
Views: 305

Re: Simple method to see which countries VSS stocks come from?

If it would be enough simply to have a country-by-country breakdown, you can get this from VSS's Portfolio page. Scroll down about one-third of the way to the section labelled "Market Allocation".
by oldcomputerguy
Sat Jun 09, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: What are investment returns and why am i down money on it?
Replies: 5
Views: 863

Re: What are investment returns and why am i down money on it?

Started investing in october and it looks like im up a bit of money but my investment returns says im down over 1k. What happened? https://gyazo.com/0adde319cc4ae4e48b6dfbf999756be5 Just a guess based on the incredibly small amount of information provided: you made two lump sum contributions, one a...
by oldcomputerguy
Fri Jun 08, 2018 5:57 am
Forum: Personal Finance (Not Investing)
Topic: How much to budget for a week long vacation for 2?
Replies: 79
Views: 4254

Re: How much to budget for a week long vacation for 2?

At our favorite Caribbean resort, we can usually bring a week in for around$6-7k including air, varies according to room level and air seating. Domestic trips (Hilton Head, Las Vegas, etc) about the same.
by oldcomputerguy
Thu Jun 07, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: Just added bonds to portfolio
Replies: 44
Views: 2933

Re: Just added bonds to portfolio

and Treasury bills and CDs are guaranteed, so there's no real need for diversity there. Since when are Treasury bills guaranteed by anyone? They are backed by the full faith and credit of the U.S. government and are usually recognized as being a "risk free asset." Certainly they are considered to b...
by oldcomputerguy
Thu Jun 07, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Just added bonds to portfolio
Replies: 44
Views: 2933

Re: Just added bonds to portfolio

willthrill81 wrote:
Wed Jun 06, 2018 8:25 pm
and Treasury bills and CDs are guaranteed, so there's no real need for diversity there.
Since when are Treasury bills guaranteed by anyone?
by oldcomputerguy
Thu Jun 07, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs overweighting
Replies: 9
Views: 714

Re: 3 fund vs overweighting

Portfolio Visualizer is a great tool for seeing how things did in the past. It will tell you nothing about how well they will do in the future. When you decide to overweight in one sector or another, you basically are taking the position that you know better than the market what will outperform. To ...
by oldcomputerguy
Thu Jun 07, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Indexing will fail investors in next decade
Replies: 57
Views: 8836

Re: Indexing will fail investors in next decade

triceratop wrote:
Thu Jun 07, 2018 11:36 am
Niels Jensen, author of The End of Indexing: Six structural mega-trends that threaten passive investing (Harriman House), is chief investment officer of London-based Absolute Return Partners LLP.
okay.
Yeah, boy, there's some impartial research. :beer
by oldcomputerguy
Thu Jun 07, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: Rising Interest Rate Strategy
Replies: 35
Views: 4018

Re: Rising Interest Rate Strategy

In a rising interest rate environment where's the best place to be? Same place as in a falling rate environment... right where your IPS says you should be. My IPS calls for 50/50 total stock and aggregate bond funds. I haven't changed a single thing in response to changing interest rates. Not one d...
by oldcomputerguy
Thu Jun 07, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Is there a forum for legal matters?
Replies: 18
Views: 1793

Re: Is there a forum for legal matters?

totallystudly wrote:
Wed Jun 06, 2018 6:05 pm
Probably depends on the topic, consume law there are several. International patent law, I can't think of any.
Not since Groklaw shut down :(
by oldcomputerguy
Wed Jun 06, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Upgrade to SSD for 5-year old desktop?
Replies: 64
Views: 3356

Re: Upgrade to SSD for 5-year old desktop?

I would upgrade to SSD. I would also look T memory. The difference in speed between SSD and hard drive is enormous. +1. I just ran a comparison here on my home machine, booting my primary Linux Mint partition (which boots from SSD) and a test Mint install (on a hard drive partition). From "go" to l...
by oldcomputerguy
Wed Jun 06, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's own 401k plan eliminating S&P 500 Index option!
Replies: 86
Views: 7480

Re: Vanguard's own 401k plan eliminating S&P 500 Index option!

...“The plan will continue to offer a broad choice of index and active funds, including our popular Target Retirement Fund series; our building-block index funds ( Vanguard Total Stock, Vanguard Total Bond, Vanguard Total International Stock, Vanguard Total International Bond ), which are among our...
by oldcomputerguy
Wed Jun 06, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard's own 401k plan eliminating S&P 500 Index option!
Replies: 86
Views: 7480

Re: Vanguard's own 401k plan eliminating S&P 500 Index option!

Not sure if they still offer Total Bond Fund or Total International Stock options. From the article: “The plan will continue to offer a broad choice of index and active funds, including our popular Target Retirement Fund series; our building-block index funds ( Vanguard Total Stock, Vanguard Total ...
by oldcomputerguy
Wed Jun 06, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Bonds Question
Replies: 15
Views: 670

Re: Bonds Question

I need a bit of help understanding Bonds and their purpose. I've been following the 3 fund approach for 8 years and when I first started I had contributed to all three funds (Total Stock, Total Intl Stock and Total Bond). I was looking at my balances recently and see the Bond fund is showing an ove...
by oldcomputerguy
Wed Jun 06, 2018 6:21 am
Forum: Personal Consumer Issues
Topic: Don't make the mistake I made (Telemarketing hell)
Replies: 67
Views: 8581

Re: Don't make the mistake I made (Telemarketing hell)

I stopped answering the phone. If they want to talk to me they have to leave a message. +1. Unless caller ID shows it's someone I know and want to speak with (family, friends, a very short and select list of merchants), I just let it roll over to voicemail. If it's legitimate, they'll leave a messa...
by oldcomputerguy
Tue Jun 05, 2018 6:27 pm
Forum: Personal Consumer Issues
Topic: New AC Unit broken or "feezing". HVAC company says it's my fault for "running it too hard". What can I do?
Replies: 55
Views: 5139

Re: New AC Unit broken or "feezing". HVAC company says it's my fault for "running it too hard". What can I do?

By “freezing” I assume you mean that a layer of frost or ice is forming on the copper lines. I worked my way through technical school working summers at an air conditioner repair shop. One of the prime causes we saw of window units freezing up was insufficient coolant. If the unit was installed last...
by oldcomputerguy
Tue Jun 05, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: Don't make the mistake I made (Telemarketing hell)
Replies: 67
Views: 8581

Re: Don't make the mistake I made (Telemarketing hell)

Is this a wired phone service? Check with your provider to see if perhaps there is a way to set “Do Not Disturb”. On my AT&T home line I just take the phone off the hook and dial *78# to block all calls, then *79# to let them through. This might at least let you get some sleep.
by oldcomputerguy
Tue Jun 05, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA vs Taxable account if you get sued?
Replies: 3
Views: 621

Re: Roth IRA vs Taxable account if you get sued?

I'm not aware of any Federal protections that apply either to IRA accounts or taxable investments. It's my thought that taxable investments would be treated like any other asset, ie subject to forfeiture in a judgment. IRA accounts do enjoy state-level protection in some states, you should check you...
by oldcomputerguy
Tue Jun 05, 2018 5:42 am
Forum: Personal Finance (Not Investing)
Topic: what to do if win some lottery money
Replies: 21
Views: 2898

Re: what to do if win some lottery money

feh wrote:
Mon Jun 04, 2018 6:42 pm
Let's say a person won $50K on a lottery ticket. What steps need to be taken?
Beats the heck outa me. Biggest lottery win I ever had was $10. Cashed it out where I bought the ticket.
by oldcomputerguy
Mon Jun 04, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 11
Views: 1052

Re: Asset Allocation

The four funds you list are excellent choices. The bond fund is Vanguardks institutional-class total bond fund. You don’t need anything else.
by oldcomputerguy
Mon Jun 04, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Might one take social security before 70 because you would hit total family benefits earlier?
Replies: 32
Views: 2212

Re: Might one take social security before 70 because you would hit total family benefits earlier?

I ran the tool and it recommended that I go to age 70 and my wife (whose PIA is about $100/month less than mine) go at age 62 and 1 month. (She is about 3-1/2 years younger than me.) What I find lacking in this calculator is the ability to factor in the cost of drawing on your retirement accounts to...
by oldcomputerguy
Mon Jun 04, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Do you think I need FIOS Quantum Gateway router with 940Mbps speed?
Replies: 29
Views: 1712

Re: Do you think I need FIOS Quantum Gateway router with 940Mbps speed?

In my opinion, you don't need more than 50Mbps or maybe 100Mbps Likely the main issue is just the router signal is too weak in certain rooms, or the router is not doing a good job (for various reasons). 50Mbps should be enough for most users. DW and I have a 6Mbps convection, and it is sufficient f...
by oldcomputerguy
Mon Jun 04, 2018 6:10 am
Forum: Investing - Help with Personal Investments
Topic: Looking for EUR holy grail bond strategy
Replies: 62
Views: 3382

Re: Looking for EUR holy grail bond strategy

The reason for holding bonds is to avoid temptation of switching strategy next stock market crash (because I can rebalance my bonds to equity or sell bonds and go all-in on equity until they recover ). If you're changing your asset allocation based on what the market is currently doing, that is by ...
by oldcomputerguy
Sun Jun 03, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 6630

Re: Should I put some money aside in money market for market correction

I concur wholeheartedly with retiredjg. Yes, there is bound to be a correction sooner or later. This is how the market works. Corrections and bear markets are 100% normal. But you should not try to guess when they will happen. Nobody can. If you leave cash on the sidelines, you will likely miss out ...
by oldcomputerguy
Sat Jun 02, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 3951

Re: Friends with an EJ Advisor

Be upfront. Look him in the face and say in no uncertain terms that you are not interested in letting EJ manage anything and that you will never be an EJ client. If he's your friend, he will understand and respect that. On the other hand, if he's only feigning friendship hoping to get your business,...
by oldcomputerguy
Sat Jun 02, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10516

Re: Why have a savings account at all?

That said, I do kind of like the simplicity of being able to withdraw the money without triggering a taxable event. That, plus liquidity, are the reasons I keep an EF at Ally. I have my credit cards set up such that they can be paid from Ally if needed, so I feel pretty confident that I can meet an...
by oldcomputerguy
Fri Jun 01, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13406

Re: Best Advice You Never Took

:beer
carolinaman wrote:
Fri Jun 01, 2018 12:41 pm
My first significant job was as a computer operator in the 1960s.
My kind of guy....

:beer
by oldcomputerguy
Fri Jun 01, 2018 6:58 am
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4096

Re: steel cut oats in bulk

Costco usually has them now but it varies by warehouse. Sadly they are a bit behind IT wise and have no ability to see what is available in a warehouse online but you could probably call ahead and ask. Funny you should mention Costco’s IT, I was in our local warehouse recently and found that they w...
by oldcomputerguy
Fri Jun 01, 2018 5:48 am
Forum: Personal Consumer Issues
Topic: Sherwin Williams paint
Replies: 52
Views: 3364

Re: Sherwin Williams paint

I have no recommendation on paint brand, but I do have one huge caveat. Some years ago we had our house painted, using paint we selected at Home Depot. I don't remember the specific brand, but I do remember that the brand we chose advertised an additive that "hardened" the dried paint and supposedly...
by oldcomputerguy
Fri Jun 01, 2018 5:29 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Half what its supposed to be?
Replies: 6
Views: 939

Re: Dividend Half what its supposed to be?

RickBoglehead wrote:
Fri Jun 01, 2018 4:53 am
GE? Why? Dying a slow death.
Contrarian investing perhaps? Given that the OP only bought 22 shares, it's likely a "play money" move.
by oldcomputerguy
Thu May 31, 2018 8:53 pm
Forum: Personal Consumer Issues
Topic: Seeking Alpha pro membership, your thoughts
Replies: 15
Views: 1496

Re: Seeking Alpha pro membership, your thoughts

Given that I am not seeking alpha but rather am hoping for market returns, I’ve never been particularly interested in reading that site.
by oldcomputerguy
Wed May 30, 2018 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on tracking down deposits made to deceased uncle's checking account
Replies: 4
Views: 599

Re: Advice on tracking down deposits made to deceased uncle's checking account

If these are pension payments, and they've been going on for a while, you might dig through his tax info for last year and see if perhaps there is a 1099-R showing these payments.
by oldcomputerguy
Wed May 30, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 8748

Re: Router hack, have you acted?

munemaker wrote:
Wed May 30, 2018 7:56 am
It is good to run this check to see if your equipment is exposed to hackers:
https://www.grc.com/x/ne.dll?bh0bkyd2
Seriously? Download and run an unknown DLL?

I think not.
by oldcomputerguy
Wed May 30, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 8748

Re: Router hack, have you acted?

How do you update firmware? Does resetting the router automatically do that? I reset mine and it took a longer than usual time, I think, to reset. Maybe it was updating? Go to your router configuration, usually at http://192.168.1.1 and find the software update section. +1. Note that some older rou...
by oldcomputerguy
Tue May 29, 2018 6:04 am
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 5022

Re: Splurging on the NBA finals

If you feel it's worth $1k plus travel and expenses, then go for it. I (like, i'm sure, many here) will spend this much or more on a getaway to do something we really want to do. A couple of years ago DW and I spent a few hundred travelling to Georgia at Christmastime to attend a Trans-Siberian Orch...
by oldcomputerguy
Tue May 29, 2018 5:55 am
Forum: Investing - Help with Personal Investments
Topic: IRA question
Replies: 5
Views: 626

Re: IRA question

I'm not thoroughly familiar with the TSP, but I assume that it is a 401(k)-type plan, since you contributed $18,000. Given that, you should be able to open and fund an IRA if you want, as long as your total contributions to all IRA accounts you own do not exceed the $5,500 limit. She, however, has m...