Search found 311 matches

by theac
Tue Mar 16, 2010 8:43 pm
Forum: Personal Consumer Issues
Topic: Exercise and Fitness
Replies: 111
Views: 14027

I went to Big-5 a few yrs ago and for about $10 bought one of those stretch-things made of surgical rubber tubing with handles added on the ends. Works great when you travel, compact and lightweight. And for certain exercises you can attach it to any closed door. You can get a pretty good work out w...
by theac
Fri Mar 12, 2010 12:00 pm
Forum: Personal Consumer Issues
Topic: What mysteries get solved by living a long time?
Replies: 138
Views: 19900

Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. This above all: to thine own self be true, And it must follow, as the night the day, Thou canst not then be false to any man. Shakespeare I never give them hell. I just tell the ...
by theac
Fri Mar 12, 2010 11:43 am
Forum: Personal Consumer Issues
Topic: What mysteries get solved by living a long time?
Replies: 138
Views: 19900

wow, hard to pick a favorite, but being a financial site, this one comes to mind:

When wealth is lost, nothing is lost.

When health is lost, something is lost.

When character is lost, all is lost.
by theac
Thu Mar 11, 2010 10:49 pm
Forum: Investing - Theory, News & General
Topic: Roth-IRA at Fidelity remains open inspite of closing it
Replies: 12
Views: 5274

Actually I did call Fidelity when I noticed the acct never closed out and they said it would close out soon when they forward the 2 cents to Vanguard, but it never happened. Guess I should have just said "keep the change and close it" I'm not worried about losing "my 2 cents" because it won't even b...
by theac
Thu Mar 11, 2010 12:57 pm
Forum: Investing - Theory, News & General
Topic: Roth-IRA at Fidelity remains open inspite of closing it
Replies: 12
Views: 5274

Roth-IRA at Fidelity remains open inspite of closing it

Several years ago I decided to move my Fidelity Roth-IRA to Vanguard (and of course, had to pay a $50 closing fee to Fidelity, which I didn't like, among other things about Fidelity). But after "closing it" and paying the $50, it remained open because of a $0.02 dividend generated by the MMkt fund i...
by theac
Wed Mar 10, 2010 12:00 pm
Forum: Investing - Theory, News & General
Topic: TIPS and Inflation - Own Now or Wait?
Replies: 30
Views: 3649

Re: Larry Swdroes Decision Tree

I am going to address VIPSX because so many posters prefer a fund over individual TIPS. First, the YTM and duration posted on Vanguards websites are estimates of the nominal yield and duration and are greatly influenced by whatever the inflation was in the past twelve months. This data should be ig...
by theac
Wed Mar 10, 2010 9:37 am
Forum: Investing - Theory, News & General
Topic: TIPS and Inflation - Own Now or Wait?
Replies: 30
Views: 3649

Being age 82 I use income from bonds for expenses. Short Term and Intermediate Term Investment Grade offer me that income that currently you can't get from Tips. Also Tips would have to go in my Taxable Account. Tips offer me ZIP (nothing). Under those circumstances i wouldn't want TIPs either. In ...
by theac
Wed Mar 10, 2010 6:15 am
Forum: Investing - Theory, News & General
Topic: TIPS and Inflation - Own Now or Wait?
Replies: 30
Views: 3649

Actually I first wanted to buy them at about $12 a share some time back, but saw the low yield and it turned me off (I didn't fully understand how they were paying out). Now that the price went up, then dropped a bit, I recently noticed that the TOTAL RETURN was up there with Total bond Index, and s...
by theac
Wed Mar 10, 2010 4:30 am
Forum: Investing - Theory, News & General
Topic: TIPS and Inflation - Own Now or Wait?
Replies: 30
Views: 3649

Hey JerryB, I hold about 50% of my FI stash in the VG TIPS fund. It stinks today (yield-wise) but, as a long-term indexer, I know why I selected this investment and I believe that it will serve me well over the next 20-30 years if inflation sparks up again, as it surely will. I don't know when infl...
by theac
Mon Mar 08, 2010 6:08 am
Forum: Investing - Theory, News & General
Topic: At What Point Do You Have Enough?
Replies: 69
Views: 11852

Informal survey: In reading a large number of Bogleheads postings I've seen a recurring sentiment: "I retired and couldn't be happier" or words to that effect. I have not seen one that said "I retired and now I'm really worried about outliving my money". My current situation: my wife and I can live...
by theac
Sun Mar 07, 2010 12:35 pm
Forum: Personal Consumer Issues
Topic: "The Pacific" A New Miniseries About the Greatest
Replies: 42
Views: 6840

yes I'm definitely gonna watch it. I've always been interested in WWII both in Asia and Europe. Second choice, the Civil War.
by theac
Sat Mar 06, 2010 11:23 am
Forum: Personal Consumer Issues
Topic: "The Pacific" A New Miniseries About the Greatest
Replies: 42
Views: 6840

Valuethinker...very well (and sensibly) said. Had the British won against the colonists, Ben Franklin and his crew would have all been hung by the neck, and for all time, been branded traitors in history who got their due. Instead they came out being heroes, because their side won. To sum up you sen...
by theac
Fri Mar 05, 2010 8:36 pm
Forum: Personal Investments
Topic: TIPS vs Total Bond Index, better in tIRA or in Roth IRA?
Replies: 14
Views: 3051

yes but i don't contribute to either IRA anymore, so any increase is only from distribution or increase in NAV. So any increases are 100% non-taxable in the Roth, but in the tIRA are taxable (in the future when I withdraw)
by theac
Fri Mar 05, 2010 12:38 pm
Forum: Personal Investments
Topic: TIPS vs Total Bond Index, better in tIRA or in Roth IRA?
Replies: 14
Views: 3051

OK thanks for the replies. I think I get it. It's like "6 of one or 1/2 a dozen of the other" :lol:

Yes, I went ahead and put the tips in tIRA, Total Bond in Roth. I guess it wasn't the earth-shattering decision I had thought it might be :roll:
by theac
Thu Mar 04, 2010 8:51 am
Forum: Personal Investments
Topic: TIPS vs Total Bond Index, better in tIRA or in Roth IRA?
Replies: 14
Views: 3051

TIPS vs Total Bond Index, better in tIRA or in Roth IRA?

If my bond allocation were to be approximately $102k in tIRA and $102k in Roth, where is it better to put the TIPS Fund, and where the Total Bond Mkt Index? Or does it make any difference? I guess it would be better to have the one generating a higher income (Total Bond?) in the Roth since any earni...
by theac
Mon Mar 01, 2010 9:14 am
Forum: Personal Consumer Issues
Topic: Counter argument on travel
Replies: 148
Views: 18686

Ankor Wat in Cambodia, definitely one of the most amazing structures I've ever seen, along with the massive temples spread thru-out South India. Not just the engineering that went into them, but the DETAIL of the extensive stone carvings etc. I haven't seen ANYTHING in the US with as much character ...
by theac
Mon Mar 01, 2010 8:12 am
Forum: Personal Consumer Issues
Topic: Counter argument on travel
Replies: 148
Views: 18686

Re: Counter argument on travel

You sound a lot like my husband. :roll: I love to travel, he doesn't like to spend the money doing so. Though doesn't blink an eye if he finds a new car he wants to buy. And I don't particularly like cars.....I'm happy driving and maintaining the same car until it "dies". As for the travel: I truly...
by theac
Mon Mar 01, 2010 6:54 am
Forum: Personal Consumer Issues
Topic: I'm a buyer of protection plans on electronics
Replies: 45
Views: 5167

I find the stuff (electronics, cars, appliances, etc) now-a-days lasts as long as I care to keep them before upgrading, if I take good care of them. Many years ago when I used to do all my appliance shopping at Sears the guy tried to sell me the extended warranty on the washer and dryer. I was buyin...
by theac
Mon Mar 01, 2010 12:25 am
Forum: Personal Consumer Issues
Topic: Counter argument on travel
Replies: 148
Views: 18686

When I was about 10 we started going on family camping trips to places like Yosemite and Sequoia Natl Parks, Mt Shasta, etc and one year all the way up to Vancouver. It was great to sit by a campfire drinking hot coco, just like it was fun putting up the tent, cooking out in the open, waking up at 5...
by theac
Sun Feb 28, 2010 3:35 am
Forum: Personal Finance (Not Investing)
Topic: Duped by variable life insurance?
Replies: 7
Views: 2029

All the financial advisers I've ever heard talk on TV or radio about these have always agreed it's a rip off. "If" you need life insurance then just buy a policy to fit your needs (but you have no kids etc so may not even really need it). One guy on the radio used to always say this: "There are more...
by theac
Sun Feb 28, 2010 3:24 am
Forum: Forum Issues and Administration
Topic: is there a way to track threads?
Replies: 9
Views: 2275

I just bookmark any thread that interests me, then delete them when no longer needed.
by theac
Fri Feb 26, 2010 11:05 am
Forum: Personal Investments
Topic: How to buy the paper I-Bonds
Replies: 3
Views: 1182

OK thanks for the replies. Just found this info posted at another site, so if anyone else needs to know, this is how it can be done by mail: Paper bonds available by mail Submitted by Michelle on April 27, 2008 - 20:29. I am still dealing with trying to find someone to authorize my electronic accoun...
by theac
Fri Feb 26, 2010 9:15 am
Forum: Personal Investments
Topic: How to buy the paper I-Bonds
Replies: 3
Views: 1182

How to buy the paper I-Bonds

I have an online account with Treasury Direct so no problem buying $5,000 per year electronically. But how can I buy $5,000 worth of paper bonds if I'm out of the country and not sure when I'll be back in the states? Is there any way to do it over the phone etc and have the money ACH'ed from my acct...
by theac
Wed Feb 24, 2010 3:16 am
Forum: Investing - Theory, News & General
Topic: How to Determine If TIPS Are Cheap or Expensive
Replies: 3
Views: 1590

I've been thinking of buying some VIPSX but don't know if it's a good time or not, so was just going to go 100% Total Bond Index.

I'm 55, retired, and it's tax advantaged money I won't need any time soon.

So if you're going to hold for a long time, is "anytime" a good time to buy?
by theac
Sun Feb 21, 2010 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Wait on filing taxes?
Replies: 25
Views: 4826

I've only received one in all my years of doing taxes. It was due to revised Foreign mutual fund distributions. I always like to do my taxes as soon as possible, just to know how much I'm going to owe. I stopped getting refunds a long time ago, and purposely set things up so that I always owe on Apr...
by theac
Sat Feb 20, 2010 3:21 am
Forum: Investing - Theory, News & General
Topic: My bond allocation in tax advantaged accounts
Replies: 5
Views: 1020

Up till a few yrs ago I was in 30% fed and about 8% state, and have just "held on to them." Time to get rid of them, right?

But if I sell them and don't use the money for equities, it would just go into my bank acct at 1.2%
by theac
Sat Feb 20, 2010 3:03 am
Forum: Investing - Theory, News & General
Topic: My bond allocation in tax advantaged accounts
Replies: 5
Views: 1020

Fortunately, none of these stock holdings have lost money (Ooops, oil trust is down $1,000). Unfortunately, the small amount of stocks I hold at Scottrade in a taxable account have given me losses to write off, maybe next year (after zero cap gains law expires). Thanks though, and I'll consider that...
by theac
Sat Feb 20, 2010 2:39 am
Forum: Investing - Theory, News & General
Topic: My bond allocation in tax advantaged accounts
Replies: 5
Views: 1020

My bond allocation in tax advantaged accounts

I basically just want this money that I really don't plan on using anytime soon, to grow relatively safely. I'm 55 and won't be touching it for at least 5 yrs, but since I have a pension covering my expenses, may not even touch any of this IRA money "ever?" So it is long-term money. Presently I have...
by theac
Wed Feb 17, 2010 10:24 pm
Forum: Personal Investments
Topic: Roth IRA Recharacterization of only $300, is it complicated?
Replies: 8
Views: 1490

Re: Much ado about very little

Please do a cost benefit analysis on your time plus that of a accountant if you intend to use one to file your form. Plus the cost of an enrolled agent if you screw it up. Yes, I started laughing at myself awhile ago when I realized I'm making such a big deal over such a small amount of money. :lol...
by theac
Wed Feb 17, 2010 12:56 pm
Forum: Personal Investments
Topic: Roth IRA Recharacterization of only $300, is it complicated?
Replies: 8
Views: 1490

Thank you, now that spells it out very clearly!

I'll give them a call and go thru it with them over the phone to make sure which method they would use, and that there are no problems, before I actually do it. If any problems arise, I'll just pay the extra tax and forget about it.

Thanks again
by theac
Wed Feb 17, 2010 10:39 am
Forum: Investing - Theory, News & General
Topic: Here's what's missing from the Roth IRA conversion debate
Replies: 37
Views: 5776

Re: Roth

There are obviously some very appealing benefits to the Roth, but when it comes to conversions, balance between converting and not converting is probably best. Don't assume the conversion opportunity was created for your benefit. It was created to extract money now that you would otherwise pay in i...
by theac
Wed Feb 17, 2010 10:03 am
Forum: Personal Investments
Topic: Roth IRA Recharacterization of only $300, is it complicated?
Replies: 8
Views: 1490

I just re-did my tax forms with the new figures and would be paying a total of $80 more if I don't do the $300 recharacterization. Would it still be better to leave well enough alone?
by theac
Wed Feb 17, 2010 4:32 am
Forum: Investing - Theory, News & General
Topic: Here's what's missing from the Roth IRA conversion debate
Replies: 37
Views: 5776

It might be helpful to consider that the money used to pay for a conversion is not "spent on taxes", but rather is invested in a tax free account.. i.e. the Roth. Note that all the funds in a tIRA do not belong to you. A portion of it belongs to the government (depending on your tax rate when withd...
by theac
Tue Feb 16, 2010 1:03 pm
Forum: Personal Investments
Topic: Roth IRA Recharacterization of only $300, is it complicated?
Replies: 8
Views: 1490

The only other area I get affected by this will be the $265 qualified dividends (at zero %) will now be taxable too. But again like you say, it's only a few more dollars, so probably not worth the trouble.

Fortunately, no state tax involved.
by theac
Tue Feb 16, 2010 12:29 pm
Forum: Personal Investments
Topic: Roth IRA Recharacterization of only $300, is it complicated?
Replies: 8
Views: 1490

Roth IRA Recharacterization of only $300, is it complicated?

On Oct 14, 2009 I converted $30,000 from my T-IRA to a new Roth (I have 4 separate Roth acct numbers within my Roth Acct at Vanguard). I converted $3000 of it as Prime MMkt and $27,000 of it as Short Term Bond Index. On Dec 30, 2009 I exchanged the $3,000 Prime into Short Term Bond Index so the full...
by theac
Tue Feb 16, 2010 3:05 am
Forum: Personal Finance (Not Investing)
Topic: How do/did you decide whether it is time to retire?
Replies: 125
Views: 18488

I also agree with Nisiprius after going back and reading it. I figured I had saved up enough to die with comfortably since I also would have a good pension coming, till the day I die. And might even get lucky and be able to get Social Security at age 62 if it's still around. Guys at work, older tha...
by theac
Sun Feb 14, 2010 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: How do/did you decide whether it is time to retire?
Replies: 125
Views: 18488

I also agree with Nisiprius after going back and reading it. I figured I had saved up enough to die with comfortably since I also would have a good pension coming, till the day I die. And might even get lucky and be able to get Social Security at age 62 if it's still around. Guys at work, older than...
by theac
Sun Feb 14, 2010 6:34 am
Forum: Personal Investments
Topic: Short Term money
Replies: 16
Views: 3411

HSBC just lowered their online savings acct again, to 1.20%. Not very good, but what are you gonna do? :roll:
by theac
Sun Feb 14, 2010 6:18 am
Forum: Personal Finance (Not Investing)
Topic: How do/did you decide whether it is time to retire?
Replies: 125
Views: 18488

At age 52 I decided the 2 month vacations I was taking each year (for the prior 7 yrs) were getting too short, so I spent 9 months planning for a 1-1/2 yr "vacation." After which I would go back to work, and resume the 2 mos vacations, until getting my full pension at age 60. But as time went on I r...
by theac
Sun Nov 29, 2009 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: financial preparations to retire abroad
Replies: 21
Views: 3501

CaptMidnight wrote: "Why do you favor online tax prep? Is it because you move around a lot? I just plan on buying TurboTax each year, but will consult the accountants if our taxes become complex. As a paranoid, I don't want my info in the cloud anymore than it is . " Something you might want to cons...
by theac
Sun Nov 29, 2009 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: financial preparations to retire abroad
Replies: 21
Views: 3501

"We are preparing to retire abroad in the next 18 months or so." Depending on your state, check to see what the maximum # of days you are allowed to be in the state during the year, before you are considered a resident. 16 or 17 months might work to your advantage a lot better. Try to quit your job ...
by theac
Sun Nov 29, 2009 12:09 am
Forum: Personal Finance (Not Investing)
Topic: Traveling Abroad with USD and GOLD
Replies: 30
Views: 5975

I'm surprised nobody has mentioned "From Russia with Love" where Sean Connery (James Bond) is on the train and uses the gold sovereigns hidden in his briefcase to trick the Russian Spy (Robert Shaw), turn the tables completely, and ultimately kill him. Sometimes gold could be a life-saver. But then ...
by theac
Fri Nov 27, 2009 12:23 am
Forum: Personal Consumer Issues
Topic: Used cars: worth it to buy [edit]Manufacturer Certified?
Replies: 16
Views: 4291

I'm very skeptical about dealing with car dealers. ESPECIALLY used car dealers (never bought from one after talking to them) because they are pros at making a car appear better than it was when they got it (i.e. cover up flaws). If you have experience working on your own cars, and know what to look ...
by theac
Thu Nov 19, 2009 6:18 pm
Forum: Investing - Theory, News & General
Topic: Funny Website: Dumb Laws in...(Pick your State)
Replies: 11
Views: 3665

There are a lot of funny items on that site, but, while I hate to be a party pooper, they tend to stretch the truth. As for Chico's $500 fine for detonating a nuclear device: The law, which is Section 9.60.030 of the city’s Municipal Code, makes reference to the threat of a nuclear war that would n...
by theac
Thu Nov 19, 2009 2:11 pm
Forum: Investing - Theory, News & General
Topic: Funny Website: Dumb Laws in...(Pick your State)
Replies: 11
Views: 3665

Funny Website: Dumb Laws in...(Pick your State)

http://www.dumblaws.com/laws/united-sta ... ia?page=20

This one really made me laugh, and I can't even imagine what they were thinking:

"Detonating a nuclear device within the city limits results in a $500 fine."

That's in a small town,Chico, California.
by theac
Thu Nov 19, 2009 2:03 pm
Forum: Investing - Theory, News & General
Topic: 5 myths about home ownership
Replies: 110
Views: 15171

Those numbers I used for the restrictions a homeowner is subject to, in my above post, could be waaaay too low. I underestimated the brilliance of some lawmakers! I just found this funny site "Dumb Laws in (choose from list of states)" and a few had me busting up with laughter. I'm going to post a s...
by theac
Thu Nov 19, 2009 12:37 pm
Forum: Investing - Theory, News & General
Topic: 5 myths about home ownership
Replies: 110
Views: 15171

People often speak of the "freedom" you have in doing what you want, with your own house and on your own property, as opposed to if you're renting. I say that's just an illusion people like to believe because it makes them feel good. Yeah you can change the tile floors, paint THE INTERIOR any ridic...
by theac
Thu Nov 19, 2009 11:30 am
Forum: Investing - Theory, News & General
Topic: 5 myths about home ownership
Replies: 110
Views: 15171

People often speak of the "freedom" you have in doing what you want, with your own house and on your own property, as opposed to if you're renting. I say that's just an illusion people like to believe because it makes them feel good. Yeah you can change the tile floors, paint THE INTERIOR any ridicu...
by theac
Mon Nov 16, 2009 11:43 am
Forum: Personal Finance (Not Investing)
Topic: I-Bonds...YES or NO?????
Replies: 3
Views: 1282

I-Bonds...YES or NO?????

So what was the final consensus on I-Bonds? At 3.36% for the next 6 months, is it worth buying some? I'm only getting 1.35% taxable on money just sitting in the bank, and I have no plans (or need) to use it anytime soon. I have $10,000 I bought a few years back at 1% fixed. Now the fixed is at .3% b...
by theac
Mon Nov 16, 2009 12:18 am
Forum: Personal Finance (Not Investing)
Topic: The joys of used cars
Replies: 13
Views: 3538

I've never had a problem with the used cars I've bought. I just pick one in excellent condition that looks almost new, with low miles (30,000 but prefer less). Not a junker that's been dressed up, and you can tell by looking in the engine compartment for cleanliness, the interior for wear that can't...