Search found 3415 matches

by oldcomputerguy
Wed Mar 23, 2016 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Has your definition of "a lot" of money changed?
Replies: 57
Views: 7233

Re: Has your definition of "a lot" of money changed?

Definitely. When my wife and I were first married, back in 1978, we got our first household credit card, which had a $100 credit limit. I thought that was more than I would ever think about charging for anything. Now, I have enough credit card credit limit to purchase a house. And no intention ever ...
by oldcomputerguy
Tue Mar 22, 2016 8:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Knoxville/East TN chapter Established
Replies: 23
Views: 4402

Re: Knoxville/East TN chapter?

Mel Lindauer wrote:If someone wants to volunteer to be the Local Chapter coordinator, please PM me with your name and an email address you'll use for this purpose (recommend something like KnoxvilleBogleheads at gmail dot com.
See PM
by oldcomputerguy
Tue Mar 22, 2016 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: TN Hall Income Tax
Replies: 19
Views: 2526

Re: TN Hall Income Tax

dixiechicken wrote:This is a year later but it is important for people to realize that only cap gain DISTRIBUTIONS from mutual funds are taxable under the Hall tax. If you sell the mutual fund (or stock or ETF) and have a capital gain that is NOT taxable.
At least under the Hall tax.
:wink:
by oldcomputerguy
Tue Mar 22, 2016 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Lazy portfolio - Mutual funds or ETFs?
Replies: 46
Views: 7343

Re: Lazy portfolio - Mutual funds or ETFs?

My options: Mutual funds: Vanguard Total Stock Market Index Fund Admiral Shares ( VTSAX ) - ER 0.05% Vanguard Total International Stock Index Fund Admiral Shares ( VTIAX ) - ER 0.12% Vanguard Total Bond Market Index Fund Admiral Shares ( VBTLX ) - ER 0.07% Total Bond Market does not belong in a tax...
by oldcomputerguy
Tue Mar 22, 2016 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Lazy portfolio - Mutual funds or ETFs?
Replies: 46
Views: 7343

Re: Lazy portfolio - Mutual funds or ETFs?

David Jay wrote: It is a lot easier (and cheaper) to rebalance in Mutual funds.
It's also easier to set up automatic investing with mutual funds.
by oldcomputerguy
Tue Mar 22, 2016 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help with weird 401k options
Replies: 15
Views: 1669

Re: Help with weird 401k options

Put ALL of your contributions there. Balance your entire portfolio. You can figure out what the above is based on: US Stock? Bond? International stock? I expect that to say it's 100% stock is probably not far off the mark (just guessing). According to Morningstar Instant X-Ray, it's a blended fund,...
by oldcomputerguy
Tue Mar 22, 2016 8:55 am
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 154
Views: 15464

Re: How have your homes as investments done?

I bought my current home in 1997 for $155,000. Just paid it off last July. It was reappraised at our refinance a few years back at $182,000. The last property tax assessment shows it at $216,000. Zillow now shows it at $242,000. I guess it depends on whose numbers you use. And yes, we've had to do s...
by oldcomputerguy
Mon Mar 21, 2016 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: I don't have anyone else to brag about this to [debt free]
Replies: 77
Views: 10361

Re: I don't have anyone else to brag about this to

As of COB on last Friday, I am completely debt free. Completely. Congratulations! My wife and I reached that point last July, and you're right, it feels really good after it sinks in. For what it's worth, after we paid off our last debt, we began saving cash back for a "bucket list" trip to New Zea...
by oldcomputerguy
Mon Mar 21, 2016 3:06 pm
Forum: Investing - Theory, News & General
Topic: How can we see if stock markets are about to crash?
Replies: 52
Views: 5999

Re: How can we see if stock markets are about to crash?

What indicators do you personally track to identify when market is about to crash? What advice can you provide to understand market conjuncture better? Unfortunately my crystal ball is in the shop. While it's in for maintenance, I'm using my 100% reliable standby: hindsight. (Sorry, got it out of m...
by oldcomputerguy
Sun Mar 20, 2016 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Help with weird 401k options
Replies: 15
Views: 1669

Re: Help with weird 401k options

I would also pester HR or whoever has authority to add some better options. Seconded. I don't know anything much about the other options in your wife's plan, but my Fidelity 401(k) has PIMCO Total Return (in my case it's the Institutional class, ticker PTTRX) at an expense ratio of 0.46%; even Fide...
by oldcomputerguy
Sun Mar 20, 2016 5:29 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle [may have said] TIPS give you "income risk"
Replies: 58
Views: 6149

Re: Jack Bogle says TIPS give you "income risk"

One potential problem with putting TIPS in one's tax-deferred account is that, at withdrawal, the interest isn't exempt from state and local taxation despite being a Treasury issue that's normally exempt from those taxes. True, but I suppose one could make the same argument regarding putting *anyth...
by oldcomputerguy
Sat Mar 19, 2016 11:05 am
Forum: Investing - Theory, News & General
Topic: What bond funds do you use, and why?
Replies: 55
Views: 6331

Re: What bond funds do you use, and why?

401k and Roth accounts are at Fidelity. In my 401k I'm using FSITX (U.S. Bond Index) with a 5% allocation to FSIYX Inflation-Protected Securities Index. In our Roth accounts we have an allocation to FIBIX Intermediate Treasury Index just to give a bit of extra ballast (although FSITX seems to hold u...
by oldcomputerguy
Sat Mar 19, 2016 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Estimating Capital Gains on Stock Sale
Replies: 8
Views: 710

Re: Estimating Capital Gains on Stock Sale

If this was stock you sold last year, your brokerage should have provided you with a 1099-B showing your capital gain. If you're paying estimated taxes for the current year, well, if it were me, I'd pay the upper end and let it get refunded in April. But then I'm chicken. I'd be very hesitant making...
by oldcomputerguy
Fri Mar 18, 2016 9:59 pm
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

Good decision - now don't look back at the dumped fund :) Wouldn't accomplish anything if I did. I don't remember what I bought it for, don't remember what it was at when I added to it, don't remember what it was at when I sold it, I'm too lazy to research it, and frankly I don't really want to kno...
by oldcomputerguy
Fri Mar 18, 2016 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k allocation at fidelity
Replies: 3
Views: 572

Re: Help with 401k allocation at fidelity

I'm doing something similar in my Fidelity 401k, using the S&P 500 fund and Fidelity's Extended Market fund (which is approx 50/50 mid-small-cap) to approximate total stock market. This leaves me with a tiny bit of tilt toward small cap, but not a big deal. Your setup looks pretty good to me. (I con...
by oldcomputerguy
Fri Mar 18, 2016 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: 401k or Loan?
Replies: 9
Views: 881

Re: 401k or Loan?

Good evening! I just received a raise at work and I am torn on what to do with the extra money. The raise will give me around $75 a paycheck (bi-weekly). I currently contribute 10% to 401k with company match maxing out at 6%. I have an outstanding loan at 3% interest. My question is this. Is it bet...
by oldcomputerguy
Fri Mar 18, 2016 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I proactively freeze my credit?
Replies: 18
Views: 1891

Re: Should I proactively freeze my credit?

I thought that the very point of freezing credit was that no one would be able to obtain new credit cards, including you. In fact it does sometimes work as planned. Recently I read (here, as a matter fact) that Fidelity was offering Visa cards that would deposit reward dollars in one's brokerage ac...
by oldcomputerguy
Thu Mar 17, 2016 7:39 pm
Forum: Personal Consumer Issues
Topic: email from Amazon: Critical Update for your kindle e-reader
Replies: 28
Views: 4574

Re: email from Amazon: Critical Update for your kindle e-reader

My mother has a Kindle, she received this same email message. She loves her Kindle, and got concerned over the email indicating that her Kindle might not work if she didn't update it. Since I'm her computer geek son, she called me. I downloaded and installed the updates without issue, her Kindle cam...
by oldcomputerguy
Thu Mar 17, 2016 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Completely new to investing. I have no accounts
Replies: 26
Views: 2806

Re: Completely new to investing. I have no accounts

Hey guys, I'm a 33 year old and after watching the PBS special on 401k I have decided to start investing, I'm just not sure how to. If you're referring to the mechanics of actually making an investment, it varies a bit according to whether you're investing in your workplace accounts or somewhere el...
by oldcomputerguy
Thu Mar 17, 2016 9:40 am
Forum: Investing - Help with Personal Investments
Topic: VGHAX (Vanguard Health)....whats up with that?
Replies: 17
Views: 4149

Re: VGHAX (Vanguard Health)....whats up with that?

Another problem is that drug overpricing (and the high cost of health care in general) is recently under more than normal scrutiny due to the Presidential election cycle. Between the Martin Shkreli debacle and Ms. Clinton's response, there has been quite a spotlight on the biotech and pharmaceutical...
by oldcomputerguy
Wed Mar 16, 2016 6:23 pm
Forum: Personal Consumer Issues
Topic: Duct cleaning
Replies: 41
Views: 5084

Re: Duct cleaning

We're just about to have that done. Our situation is a bit different, we've been in this house for eighteen years and have never had them cleaned (which means that they're probably way, way overdue). In my own case, I'm hoping it makes a difference to my allergies. I'll try to remember to update af...
by oldcomputerguy
Wed Mar 16, 2016 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing my portolio
Replies: 7
Views: 1081

Re: Rebalancing my portolio

The fidelity Freedom funds are too expensive. They have a much less expensive "Freedom Index" versions that they really bury in their web site but those are likely not in your 401K. I'm not surprised that Fidelity would hide these funds. FQIFX - Fidelity Freedom Index 2025 Fund: ER 0.16%, turnover ...
by oldcomputerguy
Wed Mar 16, 2016 12:24 pm
Forum: Personal Consumer Issues
Topic: Best Value TV purchase
Replies: 38
Views: 4374

Re: Best Value TV purchase

I work in television engineering, and I can tell you that I have had pretty good luck putting LG units around the workplace. At home I have a Toshiba in my den that works very well. I have an aversion to Sony, they may be better now but in the past they had really bad reliability, we lost a lot of S...
by oldcomputerguy
Wed Mar 16, 2016 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Alcatel Lucent merger
Replies: 5
Views: 1673

Re: Alcatel Lucent merger

The Lucent ADRs aren't trading anymore, but you should still own them (one of the perils of not paying attention to individual stocks). I'm not sure how the broker may represent these non-traded holdings, perhaps they have a new symbol? Not that we can tell. There are no Nokia holdings showing up i...
by oldcomputerguy
Wed Mar 16, 2016 6:21 am
Forum: Investing - Help with Personal Investments
Topic: Alcatel Lucent merger
Replies: 5
Views: 1673

Alcatel Lucent merger

So, my wife was looking this morning at her Scottrade account, and noticed something strange with one of her holdings. She had (past-tense) a holding in ALU (Alcatel-Lucent) stock. This morning, Scottrade tells her that she has zero shares. So we Googled around a bit, and found that Nokia had done a...
by oldcomputerguy
Tue Mar 15, 2016 4:32 pm
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

And point #2, he wouldn't have had to wait 30 days to buy back the same security. I suspect you're thinking of a wash sale, who's rule only apply for sales in December. I've been wrong before, but I believe this is incorrect. I have read through IRS Publication 550 where they discuss wash sales, an...
by oldcomputerguy
Tue Mar 15, 2016 2:29 pm
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

BigJohn wrote:Why not sell as a tax loss harvesting opportunity and then reinvest it in something you now know is the right course?
In fact that's exactly what I did. The funds that used to be in FBIOX are now in VTSAX.
by oldcomputerguy
Tue Mar 15, 2016 6:19 am
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

update: somewhat of a milestone reached this morning. I am now completely out of the "sector investing" positions I got myself into last year, and am invested across the board (401k, Roth, and taxable) in low-cost broad index funds. 401 elections set for my chosen 60/40 asset allocation, Roth and 40...
by oldcomputerguy
Mon Mar 14, 2016 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me Break Free From Raymond James
Replies: 38
Views: 10120

Re: Help Me Break Free From Raymond James

I had a bit of difficulty with a Raymond James Roth account that I owned some years back. Turns out the money I had been putting into it sat in core and was never invested. (In fairness this was probably due to my own ignorance.) The problem came when I realized this and tried to invest the cash in ...
by oldcomputerguy
Mon Mar 14, 2016 2:06 pm
Forum: Personal Consumer Issues
Topic: Windows 10
Replies: 54
Views: 6990

Re: Windows 10

I read an article lately that shed a whole new light on why Microsoft was pushing out "free" copies of Windows 10 so aggressively. Turns out a new feature called "Windows Spotlight" that lets you customize the images on your lock screen is now being used silently by Microsoft to push paid ads to the...
by oldcomputerguy
Mon Mar 14, 2016 6:06 am
Forum: Personal Consumer Issues
Topic: Duct cleaning
Replies: 41
Views: 5084

Re: Duct cleaning

We're just about to have that done. Our situation is a bit different, we've been in this house for eighteen years and have never had them cleaned (which means that they're probably way, way overdue). In my own case, I'm hoping it makes a difference to my allergies. I'll try to remember to update aft...
by oldcomputerguy
Mon Mar 14, 2016 5:31 am
Forum: Investing - Theory, News & General
Topic: Late Starters
Replies: 61
Views: 7243

Re: Late Starters

My workplace didn't even make the company 401(k) available to our division until I was almost 35. You're gonna have four more years of compounding than I did, and I'm on track to be able to retire at 62 if I have to. (I'm going to try to make it to full retirement age at 66, but I'll have the option...
by oldcomputerguy
Sat Mar 12, 2016 7:37 am
Forum: Investing - Theory, News & General
Topic: Your stock funds closed at highest [so far] of 2016 today
Replies: 35
Views: 5259

Re: Your stock funds closed at highest [so far] of 2016 today

Grt2bOutdoors wrote:The market is moving on the price of oil, it could be a slippery slope indeed.
Ouch!
by oldcomputerguy
Fri Mar 11, 2016 7:15 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 928
Views: 100855

Re: Netflix, Your Current Favorite Show

My wife watches Netflix on the weekend more than I do, but some of her favorites are: Hawaii Five-Oh (the newer one, not the original) When Calls The Heart (Hallmark Channel drama) Star Trek (original series) Star Trek Voyager House (medical drama) Midsomer Murders (British murder mysteries) Frasier...
by oldcomputerguy
Thu Mar 10, 2016 4:53 pm
Forum: Personal Consumer Issues
Topic: Help with an adults only all-inclusive
Replies: 54
Views: 11324

Re: Help with an adults only all-inclusive

My wife and I are big fans of Sandals. Our first trip was back in 1998 to Sandals Regency St. Lucia for our twentieth anniversary, did a return visit the following year. Since then, we've been once to Sandals Royal Bahamian in Nassau and have made six trips to various Sandals resorts in Jamaica. Our...
by oldcomputerguy
Wed Mar 09, 2016 5:33 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffet & Ted Seidas Bet: Passive vs Active Trading
Replies: 35
Views: 4092

Re: Warren Buffet & Ted Seidas Bet: Passive vs Active Trading

Your correct Wolf, Seidas attributes his defeat to several of the factors you describe. The most accurate I believe to be that the S&P 500 experienced a unique period of growth during this time (especially after 2008). I can't help but wonder whether Seidas' fund held any holdings that happened to ...
by oldcomputerguy
Tue Mar 08, 2016 2:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: Knoxville/East TN chapter Established
Replies: 23
Views: 4402

Knoxville/East TN chapter Established

Any interest here in forming a Knoxville/East TN chapter? Nashville is a bit far to drive for chapter get-togethers.
by oldcomputerguy
Mon Mar 07, 2016 5:03 pm
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

Done. Order submitted to dump it. Glad to be moving forward.
by oldcomputerguy
Mon Mar 07, 2016 1:06 pm
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

livesoft wrote: If it was not part of a plan, well, then it does not belong in your portfolio and you need to use the money for something else.
My thought exactly. My plan is based on widely-diversified index funds, and this fund has no place in that plan.
by oldcomputerguy
Mon Mar 07, 2016 12:14 pm
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

If the fund was a mistake, i.e., not part of a well thought out AA, and if selling now would mean a loss you can handle, then it's not a matter of staying the course or of panic selling. It's just time to get out and move on. Well, strictly speaking I suppose you could say that my entire investment...
by oldcomputerguy
Mon Mar 07, 2016 8:03 am
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

So you didn't have a percentage of your portfolio set for FBIOX? If you did, would not "staying the course" mean rebalancing in and out of it as it went down and up? Aren't you supposed to be rebalancing into it right now? (Maybe after a tax-loss harvesting move?) I'm going to guess you have this i...
by oldcomputerguy
Mon Mar 07, 2016 7:18 am
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Re: Staying The Course, or Anchoring?

You mentioned "panic sell" which leads me to think you have not owned the fund very long. Think about why you bought this fund. Ignoring the performance since you bought, have any of those reasons changed? A very powerful tool to help prevent emotional decision-making with investments is your Inves...
by oldcomputerguy
Mon Mar 07, 2016 6:41 am
Forum: Investing - Theory, News & General
Topic: Staying The Course, or Anchoring?
Replies: 42
Views: 5799

Staying The Course, or Anchoring?

This is more a question on emotional behavior in investing than one asking for advice. I was reading back through The Bogleheads Guide to Investing, and saw something in the chapter on emotional traps that caught my attention. I have a position in FBIOX, a legacy of my initial foray into mutual fund...
by oldcomputerguy
Sun Mar 06, 2016 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Estimated Tax??
Replies: 6
Views: 973

Re: Estimated Tax??

Thanks for the responses. Next year, as long as you've had withheld at least 90% of your total tax for 2016 you'll be fine. We typically have enough withheld to receive a refund. Outside the cap gain for the house, last year would have been no different. I don't expect that to change during this yea...
by oldcomputerguy
Sun Mar 06, 2016 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Estimated Tax??
Replies: 6
Views: 973

Estimated Tax??

A little over a year ago, my wife's mother passed away. My wife and I had held the title to her house for over fifteen years, with lifetime tenancy for her mother. When her mother passed away, part of the business of settling the estate included selling the house. There was of course a capital gain ...
by oldcomputerguy
Sat Mar 05, 2016 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Over-Contribution - What "earnings"
Replies: 2
Views: 501

Re: 401K Over-Contribution - What "earnings"

I just went through something similar (contributed too much to my Roth for 2015). I suggest you contact the company where you have your 401. In my case, Fidelity had a form on their web site, I filled it in (amount and date of excess contribution, and what I wanted do with the funds to be withdrawn)...
by oldcomputerguy
Sat Mar 05, 2016 12:36 pm
Forum: Personal Consumer Issues
Topic: Mac laptop vs. Windows 7 (or 10) laptop
Replies: 63
Views: 6213

Re: Mac laptop vs. Windows 7 (or 10) laptop

I don't really see the point in spending $900 and up for a Mac laptop. Just got a used Dell Latitude on e-bay with Core i7 and 8 gig of ram, with Windows 7 for $349 and love it. If she's only going to be doing those tasks you listed, and doesn't need anything Windows-specific, how about outfitting ...
by oldcomputerguy
Sat Mar 05, 2016 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS versus Corporate Bonds
Replies: 23
Views: 2560

Re: TIPS versus Corporate Bonds

Please forget about junk bonds. No one is suggesting to invest in them instead on investment grade corporate bonds, especially the highly regarded Vanguard corporate fund. I certainly wasn't suggesting that anyone invest in junk bonds when they were wanting corporate bond exposure; it's just easier...
by oldcomputerguy
Sat Mar 05, 2016 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS versus Corporate Bonds
Replies: 23
Views: 2560

Re: TIPS versus Corporate Bonds

As a general rule of thumb, higher yield means higher risk. The higher yield of corporate bonds is not a free lunch. It's also worth noting that corporate bonds, especially the "high-yield" (aka "junk") bonds, have higher correlation with the stock market than do Treasuries, and so provide less div...