Search found 1049 matches

by Wakefield1
Wed Jan 16, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 58
Views: 4147

Re: Any admission pointers from pre- med/ med students?

As undergrads,rent out a house with some other students who are interested in studying and doing coursework for the future,not wasting all of the time on partying and drinking,watching TV or playing video games. Don't take your chances on random roommates you might get by choosing to live in the dor...
by Wakefield1
Wed Jan 16, 2019 12:17 am
Forum: Personal Consumer Issues
Topic: End of an era - Boeing 727
Replies: 35
Views: 2715

Re: End of an era - Boeing 727

Smokey and somewhat sluggish to climb out when loaded (but may have been due to noise reduction requirement power reduction) but sounded like a real jet! Last one I saw I think was in 2005 coming out of National Reagan DC airport BAC 111 made even more noise however-almost like some kind of fighter-...
by Wakefield1
Tue Jan 15, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 7252

Re: A co-worker makes more than me

Unfortunately even if someone is being treated unfairly,if that person brings it up with management the response might be anger. And possibly getting fired. Depends upon the organization and whether government or private. Jobs are hard to come by,perhaps the passage of time will bring a more favorab...
by Wakefield1
Mon Jan 14, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: How to avoid temptation to buy hot stocks or bitcoin?
Replies: 63
Views: 4906

Re: How to avoid temptation to buy hot stocks or bitcoin?

investing and gambling are synonymous. I [invested / gambled] on this house I [invested / gambled] on this index fund I [invested / gambled] on buying a business when people here say "gamble" , it is uniformly part of a rationalization. I believe that the man who said "No, No and No" has devoted hi...
by Wakefield1
Mon Jan 14, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 162
Views: 10065

Re: Getting a Mortgage when You can Pay Cash for a House

Reading this thread is interesting to me,I don't own a house and would very much like to own one in a better place than where I now live someday,fear that getting a mortgage might be hard for a retired person (me) (caregiver and that is part of why I don't own a house-and retired as early as I did-f...
by Wakefield1
Sat Jan 12, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 5853

Re: Long term care insurance policy

I take it that most LTC policies are sold to people who want protection for a spouse when the other ends up in permanent nursing care because of dementia but I have known someone in a nursing home who was quite lucid but totally unable to care for himself because of paralysis/extreme weakness (unabl...
by Wakefield1
Sat Jan 12, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance policy
Replies: 140
Views: 5853

Re: Long term care insurance policy

Apparently some posters are in the industry. I'm sure that of the firms that went bankrupt in the past ten years, it was very easy to see that when hundreds of thousands got policies with them... Penn Treaty, Conseco, ... https://www.kiplinger.com/article/retirement/T036-C000-S004-tough-time-for-lo...
by Wakefield1
Fri Jan 11, 2019 12:46 am
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 62
Views: 5393

Re: Car Battery

Cracked strap (connection between cells) inside the battery could cause a spark.
by Wakefield1
Tue Jan 08, 2019 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: What does 1 million @Vanguard get you ?
Replies: 35
Views: 8438

Re: What does 1 million @Vanguard get you ?

I suspect that Flagship means you can keep your old mutual funds platform account and also have a brokerage ("new platform") account.
by Wakefield1
Mon Jan 07, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 201
Views: 16382

Re: Joint Ownership of home with second wife

Just as an update to this for those following, since last posting the partner moved out to an apartment last month, suspended/terminated couples counseling, stopped wearing the engagement ring, and is leaving me hanging as to if she can keep the relationship going with marriage off the table (for n...
by Wakefield1
Sat Jan 05, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Sky Isn’t Falling
Replies: 17
Views: 2225

Re: Larry Swedroe: Sky Isn’t Falling

I believe I saw an article or opinion out of Vanguard-(some time ago,some other "crisis"?) that opined or demonstrated that Vanguard fund holders were less inclined to panic sell in response to market sell offs and the resulting fear than non-Vanguard customers. That is,during a period of stock fund...
by Wakefield1
Fri Jan 04, 2019 2:05 pm
Forum: Investing - Theory, News & General
Topic: US Stock Market Returns in the 21st Century
Replies: 92
Views: 5125

Re: US Stock Market Returns in the 21st Century

It is a rather useless definition of “return in a century” that which changes substantially whether one starts calculating one year earlier, or one year later... So let's calculate one year earlier and get a 20 year return through the end of last year. The year 1999 was a great year for US stocks. ...
by Wakefield1
Wed Jan 02, 2019 6:55 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1176
Views: 189556

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Fuel dilution once again is >5% at severe level. Now something new is added: a significant level of water contamination, rendering the oil viscosity test invalid. So I don't know if viscosity was within specs or not, which is the critical part. Could the water contamination indicate seal failure or...
by Wakefield1
Tue Jan 01, 2019 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Tax withholding for Roth Conversion
Replies: 11
Views: 1273

Re: Tax withholding for Roth Conversion

I simply paid estimated tax to cover the liability generated by my Roth conversions BEFORE I made the conversions and did not have any trouble from the IRS. Remember you might have to similarly pay estimated State tax. I would pay the tax from a source other than from the IRA being used as the sourc...
by Wakefield1
Mon Dec 31, 2018 4:01 pm
Forum: Personal Investments
Topic: Dividend question
Replies: 5
Views: 694

Re: Dividend question

On Vanguard Online account login you can put in a routing number for a bank or credit union that you have an account at and fix your mutual fund holding(s) so that dividend distributions and/or cap gain distributions go direct deposit to your Bank. At least for taxable account under the old platform...
by Wakefield1
Mon Dec 31, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: CD’s in Asset Allocation - Bonds or Cash
Replies: 15
Views: 1243

Re: CD’s in Asset Allocation - Bonds or Cash

CD= sort of a bond
"No Penalty" CD=cash!
by Wakefield1
Mon Dec 31, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20316
Views: 2776778

Re: U.S. stocks in free fall

"Sticks and stones will break my bones but words will never hurt me" (actually not true)
but as long as the earnings (and dividends) continue to flow I don't think the panic sellers can hurt me much permanently as long as I don't have to raise cash for spending
by Wakefield1
Mon Dec 31, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1176
Views: 189556

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Once in a while I almost certainly encountered lower octane gas from a supposedly premium pump. I used to have a Citation that ran fair on 89 octane,ran well on 91 or 93 octane,but on 87 octane, :shock: Somewhere near New Market,VA I filled up on what was supposed to have been Amoco Premium and with...
by Wakefield1
Mon Dec 31, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1176
Views: 189556

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

This whole thread has fascinated me, not because I have a CRV, I don't. I do have a Mazda 3 which has a non-turbo DI engine. I checked the oil (changed 2K miles ago) and it is above the full line and stinks of gasoline. So I Googled Mazda 3 fuel dilution and got many hits (involving also the Mazda ...
by Wakefield1
Sat Dec 29, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: How to Shop Around and Negotiate Car Repair?
Replies: 24
Views: 1207

Re: How to Shop Around and Negotiate Car Repair?

If you have found a good honest mechanic even if they aren't "cheap" it would be well to keep up with him/her,that is follow them to a new shop if they move. And if you're a good customer you might get a chance to go onto the Snap On truck when it comes! Lots of pretty things to spend money on in th...
by Wakefield1
Sat Dec 29, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: Why stay the course? Why not sell all?
Replies: 68
Views: 7629

Re: Why stay the course? Why not sell all?

Didn't sell them off before (2000 panic,2008 manufactured crisis, maybe even had a few stocks back in 1987 (what a phony crisis!) why sell them now? Is anything new under the sun? (had began to raise some cash in the bank (actually Credit Union) but that is not related to the current "crisis" which ...
by Wakefield1
Sat Dec 29, 2018 1:04 am
Forum: Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 5164

Re: What do you do with dividends?

Mostly reinvested dividends until a year ago although I had accumulated some of them in the Credit Union as a downpayment towards a house (potentially) as of about a year ago realized that I might need to buy a house outright and since have been hoarding most of them (taxable) into the Credit Union....
by Wakefield1
Fri Dec 28, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Social security deferral and COLA's
Replies: 17
Views: 1510

Re: Social security deferral and COLA's

Your PIA gets a COLA adjustment every year, beginning at age 62, regardless of whether or not you have filed. And you get a certain percentage of your PIA depending on your age when you begin benefits. For example if you begin 24 months after your FRA, you get 116% of your PIA (and that PIA has alr...
by Wakefield1
Mon Dec 24, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 12537

Re: Now is the time to REJOICE!

I think that now,since a perception has developed that we are indeed in a Bear/declining market environment,that a lot of people who would normally buy (dollar cost averaging) or "buy on the dip" are holding off on buying,waiting to see "how low can it go"-and since panic selling tends to reinforce ...
by Wakefield1
Sun Dec 23, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 27
Views: 5206

Re: How is Vanguard Prime Money Market earning over 2%

Sometimes the return on Money Market funds can be above those of stock funds/indexes for agonizingly long periods of time. The fear that such might be the case going forward is one of the things that can cause lots of people to sell,feeding the Bear.
(In my understanding)
by Wakefield1
Sun Dec 23, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 27
Views: 5206

Re: How is Vanguard Prime Money Market earning over 2%

Total Return of stocks and stock mutual funds is hopefully and usually higher than the (dividend) yield --- Capital Gains and/or Appreciation----might have to wait awhile!----also maybe the dividend flow on your investment will grow over time with Money Market funds and bank accounts yield is all yo...
by Wakefield1
Sun Dec 23, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 27
Views: 5206

Re: How is Vanguard Prime Money Market earning over 2%

Also the Money Market Mutual Fund doesn't have the bank's FDIC insurance. Interesting that a year or two ago,this MM fund had a yield lower than what the S&P 500 Index Mutual Fund had at the time,now it has more and that helps explain why new money is relatively more attracted to the Money Market Fu...
by Wakefield1
Sun Dec 23, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 27
Views: 5206

Re: How is Vanguard Prime Money Market earning over 2%

Looks like it's 2.38% as of now. It can change from week to week (so no guarantee that it will stay the same for the year) but these things right now seem to be going up. That is per week extrapolated to what it would be for a year if it stays the same I understand. Looking back the trailing year it...
by Wakefield1
Sun Dec 23, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: Should I demand a refund from a dentist who installed a bad crown?
Replies: 21
Views: 2894

Re: Should I demand a refund from a dentist who installed a bad crown?

I once had a bridge (like a crown on two teeth with a false tooth in the middle to cover a vacant spot) that came from the lab with something not quite right about it,the dentist took a look at it and promptly decided to send it back,took new impressions and had another bridge made. If the crown isn...
by Wakefield1
Sat Dec 22, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: Is Liquid Plumber / Draino bad for the pipes?
Replies: 51
Views: 7052

Re: Is Liquid Plumber / Draino bad for the pipes?

Did he go through the overflow plate instead of the drain? This is the first thing to do. If that doesn't work... Back in high school and college I worked at a plumbing supply house (where plumbers shop for their material). We carried a product, that MUST be used with caution, but is available to t...
by Wakefield1
Sat Dec 22, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: All the "should I be 100% stocks" threads over the last year.
Replies: 185
Views: 16904

Re: All the "should I be 100% stocks" threads over the last year.

I would like to hear from the person whose financial position depends solely on their investment portfolio (no pension, no salary , no real estate, no legacy waiting, etc.) who is 100% invested in equities. Well, you’ve now set an essentially impossible bar. No competent authority would recommend h...
by Wakefield1
Fri Dec 21, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20316
Views: 2776778

Re: U.S. stocks in free fall

Professionals/institutional money probably started this selloff and now it has apparently spread to frightened or panicking small/individual investors including mutual fund and retirement account holders who are extending it and driving a "further leg down". But of such are bargains born. I guess pr...
by Wakefield1
Thu Dec 20, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Honda CR-V - oil consumption test, needs new pistons and rings
Replies: 12
Views: 2568

Re: 2016 Honda CR-V - oil consumption test, needs new pistons and rings

A car that has had long time issues with excessive fuel dilution getting into the oil could conceivably evolve into an oil burner because of excessive wear to the upper cylinders and piston rings.
by Wakefield1
Wed Dec 19, 2018 7:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20316
Views: 2776778

Re: U.S. stocks in free fall

That's probably not algorithms, actually (or not exclusively). The speed of the drop was 90% or more high speed trade. Retail investors aren't sitting around watching CNBC or reading every tweet. Even the pundits don't have a clue but I do. That was fast! Markets were up smartly and then went to a ...
by Wakefield1
Sun Dec 16, 2018 4:01 pm
Forum: Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 165
Views: 23317

Re: I made a mistake by not selling when the market was high this year

Rwsawbones wrote: Sun Dec 16, 2018 3:16 pm Good news about a sell off in December is that RMDs in 2019 are based on account values Dec 31
++++++++++++++++++++ :happy ++++++++++++++++++++
by Wakefield1
Sat Dec 15, 2018 3:33 pm
Forum: Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 165
Views: 23317

Re: I made a mistake by not selling when the market was high this year

I hate to sell I hate to sell I hate to sell I hate to sell even more when they are down I feel the need to have a little bit more cash sitting around in case I have to buy a House! so have been having (for some time) some of my dividend flow from my Vanguard taxables direct deposited to my Credit U...
by Wakefield1
Sat Dec 15, 2018 1:20 am
Forum: Investing - Theory, News & General
Topic: Ken Moraif must be getting nervous
Replies: 88
Views: 24872

Re: Ken Moraif must be getting nervous

These in and out schemes often work for a while and then mess up big and lose all of their advantage gained over the in the market over the duration investor. And that is ignoring the cost of the getting in and outs.
by Wakefield1
Thu Dec 13, 2018 8:12 pm
Forum: Personal Investments
Topic: Being locked out of my account and "research team" will contact me in 72 hours
Replies: 33
Views: 4258

Re: Being locked out of my account and "research team" will contact me in 72 hours

The rep seemed to indicate that the person tried different passwords and different usernames, not the same username with a lot of passwords all at once. What's odd is that I don't use that username often and the password is unique, which is the scary part. Now the username isn't used anywhere else ...
by Wakefield1
Thu Dec 13, 2018 7:13 pm
Forum: Personal Investments
Topic: Motley Fools is now for fools only?.....RIP
Replies: 30
Views: 7812

Re: Motley Fools is now for fools only?.....RIP

Are the two original Motley "Fools" still associated with the business or have they moved on or sold it?
Seems like the golden age was about 20 years ago
by Wakefield1
Thu Dec 13, 2018 6:18 pm
Forum: Personal Investments
Topic: Being locked out of my account and "research team" will contact me in 72 hours
Replies: 33
Views: 4258

Re: Being locked out of my account and "research team" will contact me in 72 hours

I thought that Vanguard online access automatically locked out if you put in 3 wrong or botched password attempts consecutively. Also logging in from other than your own computer should trigger at least one "security question and response" to have to be answered before the access will open. did the ...
by Wakefield1
Mon Dec 10, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "Competing on Price . . . The 1993 Proxies"
Replies: 8
Views: 884

Re: Vanguard "Competing on Price . . . The 1993 Proxies"

I don't think that Vanguard has been as aggressive as some other fund families at having "loss leaders" among their funds,a "loss leader" might be a fund having a fee waiver that might only be temporary. Something that I saw in the book indicated that Mr. Bogle had stepped down from being the head g...
by Wakefield1
Sun Dec 09, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: does the 4% withdrawal guideline include dividends?
Replies: 43
Views: 3544

Re: does the 4% withdrawal guideline include dividends?

Has much analysis been done of the chance for success of preservation of portfolios using a 4% annual withdrawal but recalculating the 4% for each year's ending portfolio value-that is,if the portfolio went down,so does the 4%( :( ),but if the portfolio went up ( :D ) so does the 4%! (Each year) of ...
by Wakefield1
Sun Dec 09, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: portable jump starters
Replies: 72
Views: 7287

Re: portable jump starters

A battery can potentially explode even if you do everything right! Even if not being jump started!
Ones that I have seen only blew off the top
by Wakefield1
Sun Dec 09, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: portable jump starters
Replies: 72
Views: 7287

Re: portable jump starters

A word of caution: Although it seems to be routine, jump starting an auto battery can be dangerous. Be sure to follow the instructions and wear eye protection. This applies to jump starting devices and ordinary jumper cables. sport (a former battery engineer) I am a little concerned that no one has...
by Wakefield1
Sun Dec 09, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: are pre-fabricated / manufactured homes a bad investment?
Replies: 101
Views: 10565

Re: are pre-fabricated homes a bad investment?

Maybe what is wanted is a "Modular" Home? Remember Sears houses of which there are still a few around,I think they came as a kit to be assembled either on a slab,crawl space or a full basement foundation but I think the "kit" had to be assembled much like building a "stickbuilt" house Some of them i...
by Wakefield1
Sun Dec 09, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: are pre-fabricated / manufactured homes a bad investment?
Replies: 101
Views: 10565

Re: are manufactured homes a bad investment?

There is an enormous range of what gets called "manufactured" home. The cheapest trailer houses built in the southern US anchor the worst end of the spectrum with some really extraordinary high quality prefabbed homes at the high end. In the rural midwest, you can buy some land with septic, water a...
by Wakefield1
Sat Dec 08, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: New QUIET Tires for Accord
Replies: 37
Views: 2851

Re: New QUIET Tires for Accord

I am looking at getting some new tires for my 2014 Accord Sport. The past 2 sets (Goodyear Eagle OEM; Hankook Ventus S1 Noble 2) have been extremely noisy after approximately 15,000 miles. Also, your probably already know this but let me add that many tires are directional and should not be rotated...
by Wakefield1
Thu Dec 06, 2018 9:16 pm
Forum: Investing - Theory, News & General
Topic: Why Retirement Is Broken And Needs To Be Reinvented
Replies: 171
Views: 13184

Re: Why Retirement Is Broken And Needs To Be Reinvented

Social Security is not a pension plan, it is insurance. [...] It’s sort of astonishing how little people really know about a program that has been in existence since the early 1930’s. My own grandparents referred to Social Security as the “monthly pension”. It seems like a distinction without a dif...
by Wakefield1
Wed Nov 28, 2018 5:39 pm
Forum: Personal Investments
Topic: Sell Individual Stocks or Just Keep Them To Avoid Commissions?
Replies: 31
Views: 2057

Re: Sell Individual Stocks or Just Keep Them To Avoid Commissions?

I might be a bit contrarian here but when I rolled over a couple of Fidelity workplace savings plans into a Fidelity Rollover IRA, I shied away from the Fidelity Zero Funds. First, I though the zero concept was to gimmicky and second I read the zero funds use sampling to replicate the index. If I b...
by Wakefield1
Wed Nov 28, 2018 4:50 pm
Forum: Personal Investments
Topic: Sell Individual Stocks or Just Keep Them To Avoid Commissions?
Replies: 31
Views: 2057

Re: Sell Individual Stocks or Just Keep Them To Avoid Commissions?

Hello, I have 25 individual securities with Fidelity and the total of the investment is $18k. It is all within a Roth IRA. Fidelity charges $4.95 per trade. So I am looking at $125 to get out of these securities and into their zero index funds. I am fairly young at 28, and this $18k makes up about ...