Search found 5386 matches

by SpringMan
Thu Sep 29, 2016 1:17 pm
Forum: Personal Investments
Topic: Furious about adult education class [Investment seminar]
Replies: 42
Views: 5818

Re: Furious about adult education class

This is an obvious conflict of interest but it is no worse than Dave Ramsey affiliates teaching classes at churches. The sheep will get fleeced.
by SpringMan
Wed Sep 28, 2016 5:12 am
Forum: Investing - Theory, News & General
Topic: What stocks can I buy when it comes to Marijuana?
Replies: 56
Views: 12681

Re: What stocks can I buy when it comes to Marijuana?

I personally steer clear of individual stocks. Here is a link to a few.
http://investorplace.com/2016/02/mariju ... -uWy1QrKHt
by SpringMan
Mon Sep 26, 2016 4:44 pm
Forum: Personal Investments
Topic: mutual fund only vs brokerage
Replies: 4
Views: 580

Re: mutual fund only vs brokerage

My experience is Fidelity Brokerage account is not an up-sell, it does not cost more. If in doubt ask Fidelity. It will allow you to trade ETFs, many of which are free to trade and those that are not free are only $7.95 a trade.
by SpringMan
Sun Sep 25, 2016 11:01 am
Forum: Personal Investments
Topic: Brokerage Account User-Friendliness
Replies: 10
Views: 1681

Re: Brokerage Account User-Friendliness

The only problem we had was I lost my authorization to trade my wife's IRA which I had before being upgraded to Vanguard Brokerage. This was remedied by submitting a notarized and witnessed Signature Authorization form to VG. Another difference I observed was in the past a VG mutual fund could be in...
by SpringMan
Fri Sep 23, 2016 3:55 pm
Forum: Personal Consumer Issues
Topic: [500 million Yahoo accounts hacked, what should you do?]
Replies: 86
Views: 10299

Re: What are you YAHOOERS doing?? [due to security breach]

My internet provider AT&T uses yahoo mail. Recently I had an email outage so I called AT&T to report it. They were a bit reluctant and I could tell they rather I deal directly with yahoo. What is strange is Verizon is buying yahoo so Verizon is technically going to be supporting AT&T email. What a m...
by SpringMan
Thu Sep 22, 2016 5:04 pm
Forum: Investing - Theory, News & General
Topic: Help understanding the attraction to W & W [Wellington/Wellesley]
Replies: 38
Views: 6351

Re: Help understanding the attraction to W & W [Wellington/Wellesley]

Stop picking funds based on large part on past returns. Understand why the past returns are what they are- what is it invested in, passive vs active, low cost vs high cost, exposure to factors vs no exposure to factors etc. I don't use M&M, but I think they're fine active funds. Their excellent per...
by SpringMan
Wed Sep 21, 2016 4:35 pm
Forum: Personal Consumer Issues
Topic: Spare Tire Replacement
Replies: 17
Views: 2092

Re: Spare Tire Replacement

I didn't realize they still made full size spares. 'Back in the days' when they were common tire rotations included all 5 tires. Pickup trucks generally have full sized spares but if you have aluminum wheels, the spare won't match as it is a steel wheel. Many new cars don't even have a space saver ...
by SpringMan
Wed Sep 21, 2016 11:58 am
Forum: Personal Consumer Issues
Topic: macOS Sierra
Replies: 25
Views: 4112

Re: macOS Sierra

I have a late 2013 MacBook Pro retina running El Capitan. Software updates does not show Sierra. Last update was for Safari browser. Don't know why.
by SpringMan
Tue Sep 20, 2016 4:15 pm
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 275
Views: 50612

Re: The Bogleheads' "100 Things Worth Every Penny" List

Medical cannabis when doctor prescribed and in states where legal.
by SpringMan
Tue Sep 20, 2016 2:35 pm
Forum: Investing - Theory, News & General
Topic: ETF vs. Mutual Fund
Replies: 21
Views: 3675

Re: ETF vs. Mutual Fund

I stick to VG admiral shares except when there is a purchase fee on the VG mutual fund, for example using VSS avoids the purchase fee. Though I don't use it, Vanguard's Intermediate Term Corporate Bond fund has a .25% purchase fee so if I were to use it, I would choose ETF VGIT.
by SpringMan
Tue Sep 20, 2016 10:07 am
Forum: Personal Finance (Not Investing)
Topic: RMDs
Replies: 11
Views: 1875

Re: RMDs

I find it weird that Roth 401(k)s left with the company have RMDs at age 70.5, however a Roth 401(k) can be rolled over to a Roth IRA avoiding RMDs during the lifetime of the original owner. Seems like one would be crazy to not rollover a Roth 401(k) to a Roth IRA.
by SpringMan
Mon Sep 19, 2016 11:13 am
Forum: Personal Consumer Issues
Topic: what to do with old ipad?
Replies: 16
Views: 2761

Re: what to do with old ipad?

Check Gazelle, they buy used Apple products.
https://www.gazelle.com/?gclid=CjwKEAjw ... oCXeXw_wcB
by SpringMan
Mon Sep 19, 2016 11:09 am
Forum: Personal Investments
Topic: Why do a target fund if the AA doesn't change for another 20-25 years?
Replies: 24
Views: 3066

Re: Why do a target fund if the AA doesn't change for another 20-25 years?

Though most VG Target Date funds have a glide path and become more conservative over time, it should be noted that Vanguard's Target Retirement Income fund does not.
by SpringMan
Mon Sep 19, 2016 10:56 am
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 8871

Re: The states we won't buy munis from, update

I am surprised Michigan did not make the list with the Detroit and Flint problems. Fidelity does have a Michigan state specific municipal bond fund, FMHTX. http://www.morningstar.com/funds/XNAS/FMHTX/quote.html It is expensive compared to VG munis at .49%. Five stars for what that is worth.
by SpringMan
Mon Sep 19, 2016 10:27 am
Forum: Personal Consumer Issues
Topic: Advice on snowblower
Replies: 62
Views: 6265

Re: Advice on snowblower

I agree electric start is a requirement. My preference is for one that plugs in to standard home 110 volt outlet rather than a battery. I have ac plug in the garage that is handy and leave my extension cord plugged and ready to go in during the winter season. I have always had good luck with Ariens ...
by SpringMan
Mon Sep 19, 2016 4:24 am
Forum: Investing - Theory, News & General
Topic: Adam Bold's Mutual Fund Stores & Mutual Fund Show (R.I.P.???)
Replies: 4
Views: 4286

Re: Adam Bold's Mutual Fund Stores & Mutual Fund Show (R.I.P.???)

The radio show is still is a giant infomercial, just with a new name. Most callers are hooked up offline with one of their local advisors to follow up. To be fair, what kind of financial advice can one expect in a 5 minute time slot on a 45 minute radio show?
by SpringMan
Fri Sep 16, 2016 4:40 am
Forum: Personal Finance (Not Investing)
Topic: Virgin Mobile: New rules for old accounts?
Replies: 4
Views: 786

Re: Urgent: Virgin Mobile: New rules for old accounts?

We are setup for Virgin Mobile to automatically bill our credit card every 3 months. I have noticed when the balance reached a certain threshold, they would just subtract the 3 month bill from our balance. When the balance dropped below this threshold, the credit card bill would resume. It seems to ...
by SpringMan
Thu Sep 15, 2016 3:34 pm
Forum: Personal Investments
Topic: VMMXX-Vanguard Prime Money Market Fund
Replies: 20
Views: 4966

Re: VMMXX-Vanguard Prime Money Market Fund

I just checked all our VG accounts and found our tax deferred rollover IRAs are using VG Federal MM as the settlement fund. Our joint taxable account and both our Roth IRAs still are using VG Prime MM as the settlement fund. I am not sure why the inconsistency.
by SpringMan
Tue Sep 13, 2016 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Virgin Mobile: New rules for old accounts?
Replies: 4
Views: 786

Re: Virgin Mobile: New rules for old accounts?

Once you have exceeded a certain amount of accumulated credit they subtract your amount due from that credit. I am not sure the amount where this begins but seems like somewhere around 350 dollars.
by SpringMan
Tue Sep 13, 2016 4:22 pm
Forum: Investing - Theory, News & General
Topic: Are Index Funds a Lousy Bet Right Now?
Replies: 28
Views: 5298

Re: Are Index Funds a Lousy Bet Right Now?

This Kiplinger writer seems to think so. What say you? http://www.kiplinger.com/article/investing/T030-C007-S001-now-is-the-wrong-time-to-buy-an-s-p-500-index-fund.html?rid=SYN-yahoo&rpageid=15477 I say it is still a bad time to read Kiplinger. :) M I refuse to turn off my ad-blocker for Kiplingers...
by SpringMan
Wed Sep 07, 2016 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Why aren't more people smarter with their money?
Replies: 20
Views: 3118

Re: Why aren't more people smarter with their money?

Some use the justification that they could be dead tomorrow so they live for today. As mentioned above immediate gratification is more important than delayed gratification. Some people don't earn enough and must live hand to mouth. There are geographical areas where good paying jobs are scarce even ...
by SpringMan
Wed Sep 07, 2016 11:24 am
Forum: Personal Consumer Issues
Topic: How much is your cell phone bill?
Replies: 263
Views: 35122

Re: How much is your cell phone bill?

$80 per year with PagePlus Cellular on Verizon's network. This includes 2000 minutes and unused minutes carry over. I don't use their data as it is expensive, I just stick to wi-fi. This is a better deal than my wife's Virgin Mobile flip phone which is $25 per quarter on their PayLo plan. Verizon's ...
by SpringMan
Wed Sep 07, 2016 11:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage will not convert mutual fund to ETF
Replies: 58
Views: 12152

Re: Vanguard brokerage will not convert mutual fund to ETF

You can sell the mutual fund and buy the ETF shares the same day. The mutual fund sell will settle (T+1) before the ETF purchase will (T+3) am I right? You can't do this unless you have cash to buy the ETF sitting in your settlement account, or maybe if you have a margin account where you can borro...
by SpringMan
Tue Sep 06, 2016 3:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage will not convert mutual fund to ETF
Replies: 58
Views: 12152

Re: Vanguard brokerage will not convert mutual fund to ETF

This is not new, Vanguard never would allow converting bond index funds to their corresponding ETFs. It was only stock funds Vanguard allowed. It still does allow stock funds as far as I know. This was true at the time when I did some conversions but that was before Vanguard introduced their Short ...
by SpringMan
Tue Sep 06, 2016 3:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage will not convert mutual fund to ETF
Replies: 58
Views: 12152

Re: Vanguard brokerage will not convert mutual fund to ETF

You can sell the mutual fund and buy the ETF shares the same day. The mutual fund sell will settle (T+1) before the ETF purchase will (T+3) am I right? You can't do this unless you have cash to buy the ETF sitting in your settlement account, or maybe if you have a margin account where you can borro...
by SpringMan
Tue Sep 06, 2016 2:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage will not convert mutual fund to ETF
Replies: 58
Views: 12152

Re: Vanguard brokerage will not convert mutual fund to ETF

This is not new, Vanguard never would allow converting bond index funds to their corresponding ETFs. It was only stock funds Vanguard allowed. It still does allow stock funds as far as I know.
by SpringMan
Mon Sep 05, 2016 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS
Replies: 21
Views: 2777

Re: Vanguard PAS

@Lobster Sorry I see you used a tilde, not a minus sign.

@HueyLD PAS still uses Vanguard products. i would think client would be eligible for any perks offered by their client status. Personally PAS would not be worth the added expense.
by SpringMan
Mon Sep 05, 2016 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS
Replies: 21
Views: 2777

Re: Vanguard PAS

However given that the average investor underperforms by ~3.5%, .... That is a well disputed number that probably is much closer to being false than it is to being true. I am not even sure that folks can agree on what an "average investor" means, too. Also wouldn't under performing by a minus numbe...
by SpringMan
Mon Sep 05, 2016 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS
Replies: 21
Views: 2777

Re: Vanguard PAS

HueyLD wrote:If your assets are managed by the PAS, why are you still a Voyager Select customer?
Vanguard defines Voyager, Voyager Select, Flagship, Flagship Select etc. based on the value of Vanguard products held at Vanguard. Why would it matter if you do it yourself or have Vanguard PAS do it?
by SpringMan
Sun Sep 04, 2016 3:05 pm
Forum: Personal Consumer Issues
Topic: Wood Chipper -- Harbor Freight?
Replies: 40
Views: 16926

Re: Wood Chipper -- Harbor Freight?

Depending on your local ordinances you might get a burning permit to burn brush piles. It was issued by the local fire dept and was free when I did it.
by SpringMan
Sun Sep 04, 2016 8:02 am
Forum: Personal Investments
Topic: Vanguard Core Bond Fund
Replies: 55
Views: 12817

Re: Vanguard Core Bond Fund

Bonds make up 60% of our portfolio. We have VG Total Bond Index (his IRA), VG Intermediate Term Investment Grade (her IRA), VG Intermediate Bond Index (his Roth) and VG Wellesley (his IRA). I have no issue with Intermediate Term Investment Grade being actively managed but prefer it to VG Core Bond b...
by SpringMan
Sun Sep 04, 2016 7:34 am
Forum: Personal Investments
Topic: Pension meets my needs. Skip bonds?
Replies: 26
Views: 4017

Re: Pension meets my needs. Skip bonds?

I am 40/60 but with a small non inflation adjusted pension and social security that currently just meets our needs but not sure about the future if inflation occurs. Starting next year RMDs kick in for my spouse and the following year for myself. If I had an inflation adjusted pension I definitely w...
by SpringMan
Fri Aug 26, 2016 9:27 am
Forum: Investing - Theory, News & General
Topic: DOL fiduciary rule, will anything change?
Replies: 25
Views: 3635

Re: DOL fiduciary rule, will anything change?

They won't shut down. They'll just issue new share classes for lower fees. I wonder how many funds might have to shut down because FAs won't be able to recommend them as being in the client's best interest. Even if they're in the worst performing funds class? What fiduciary could recommend them? Al...
by SpringMan
Thu Aug 25, 2016 11:34 am
Forum: Personal Investments
Topic: Are Vanguard Personal Advisory Services worth the extra %?
Replies: 31
Views: 4204

Re: Is Vanguard Flagship worth the extra %?

Your title confused me. Vanguard Flagship has no fee, it requires an account size of $1,000,000 or more invested in Vanguard products at Vanguard. At the end of your post, you mention VPAS at .3%. IMO it is not worth it but that is me. Others will feel differently.
by SpringMan
Thu Aug 25, 2016 11:10 am
Forum: Personal Investments
Topic: Vanguard's so so customer service
Replies: 71
Views: 11494

Re: Vanguard's so so customer service

darkhorse346 wrote: Question regarding your IRA brokerage upgrades: Before the upgrade, did you have authority to manage your spouse's IRA? If you did, did you have to fill out forms and get medallion signatures? ... I went through this where I had authorization to trade my spouse's IRA account pri...
by SpringMan
Thu Aug 18, 2016 5:42 pm
Forum: Investing - Theory, News & General
Topic: Growth, Value or Both?
Replies: 19
Views: 2261

Re: Growth, Value or Both?

I have decided to stick to blend funds, no value or growth tilt. I do tilt size to mid/small.
by SpringMan
Thu Aug 18, 2016 2:47 pm
Forum: Personal Consumer Issues
Topic: Bogus "sale" prices and savvy shoppers
Replies: 26
Views: 5469

Re: Bogus "sale" prices and savvy shoppers

Kohl's always has things marked way up and then offer 50% to 75% off on their artificial prices. They do have coupons and a senior citizen discount one day per week which can be stacked. Sometimes a deal can be had.
by SpringMan
Thu Aug 18, 2016 2:11 pm
Forum: Personal Investments
Topic: Vanguard Health Care Fund Admiral Shares
Replies: 9
Views: 1229

Re: Vanguard Health Care Fund Admiral Shares

As a conservative retiree, the biotech sector is too much a hot potato for me and this fund has biotech. Who knows what the future holds? It depends on what is in the rest of your portfolio too. If your health care fund is less than 5% then it may make sense to hold on to it.
by SpringMan
Wed Aug 17, 2016 3:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Dividend Growth just closed (effective *now*)
Replies: 62
Views: 10099

Re: Vanguard Dividend Growth just closed (effective *now*)

Not really interested in buying this fund but was wondering out of curiosity if it is available to Flagship clients similar to the closed PRIMECAP funds.
by SpringMan
Tue Aug 16, 2016 5:06 pm
Forum: Personal Consumer Issues
Topic: Long wait on Vanguard Phone Lines-What's going on?
Replies: 58
Views: 10354

Re: Long wait on Vanguard Phone Lines-What's going on?

I have been a Vanguard customer for many years, and am a Vanguard Voyager Select customer (working towards Flagship status). I've always used their phone services rather than on line and been very happy with the timeliness and professionalism of the customer service reps. Just curious, why do you a...
by SpringMan
Tue Aug 16, 2016 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Where to report IRS impersonation scams
Replies: 26
Views: 4616

Re: Where to report IRS impersonation scams

The best thing we can do is get the word out there especially to our seniors that the IRS does not contact you by phone to threaten you with a lawsuit. The same thing is true regarding your computer, windows support calls regarding errors for example. These scams target all ages but seniors may be m...
by SpringMan
Mon Aug 15, 2016 8:35 am
Forum: Personal Investments
Topic: Portfolio Review ?
Replies: 23
Views: 2858

Re: Portfolio Review ?

The 25% international should be divided into hedged and unhedged. That is, hold both Global Min Vol and Total International. The proportion is largely a matter of opinion. Having two bond funds is a good idea, but those are not the two I would pick. When you say 25% international, are you talking a...
by SpringMan
Sun Aug 14, 2016 1:55 pm
Forum: Personal Consumer Issues
Topic: Blue Cross Legacy Plan C Medigap
Replies: 19
Views: 1776

Re: Blue Cross Legacy Plan C Medigap

... My understanding is we can switch plans during open enrollment without medical underwriting..... Do you have a reference for this? To my knowledge they're not dropping the plan; just raising the premium. No reference, someone suggested they usually allow switching to a lower plan within the sam...
by SpringMan
Sun Aug 14, 2016 9:38 am
Forum: Personal Consumer Issues
Topic: Blue Cross Legacy Plan C Medigap
Replies: 19
Views: 1776

Re: Blue Cross Legacy Plan C Medigap

CWradio,
Thanks for the link. It shows current prices before the freeze ends not 2017 prices for BC Legacy Plan C. Also, if all people in the same plan get the same rate, why is my wife's going to 203 per month and mine going to 218 per month? Only difference is gender.
by SpringMan
Sat Aug 13, 2016 4:29 pm
Forum: Personal Consumer Issues
Topic: Blue Cross Legacy Plan C Medigap
Replies: 19
Views: 1776

Re: Blue Cross Legacy Plan C Medigap

Thanks, celia
by SpringMan
Sat Aug 13, 2016 3:06 pm
Forum: Personal Consumer Issues
Topic: Blue Cross Legacy Plan C Medigap
Replies: 19
Views: 1776

Re: Blue Cross Legacy Plan C Medigap

Thanks mur44, good to know that downgrading a plan may not require underwriting.
by SpringMan
Sat Aug 13, 2016 2:44 pm
Forum: Personal Investments
Topic: I'm almost a Boglehead, but I have some questions...
Replies: 14
Views: 1874

Re: I'm almost a Boglehead, but I have some questions...

1. Index mutual funds and index ETFs are equally good when the expense ratios are comparable. Vanguard admiral shares generally have the same expense as the corresponding Vanguard ETFs. There are pros and cons to using ETFs. Whole integer share counts must be purchased with ETFs and they trade like ...
by SpringMan
Sat Aug 13, 2016 2:00 pm
Forum: Personal Consumer Issues
Topic: Blue Cross Legacy Plan C Medigap
Replies: 19
Views: 1776

Re: Blue Cross Legacy Plan C Medigap

I don't know offhand about Plan N but will check into it. I assume underwriting is not necessary if we stay with a BC/BS plan.
by SpringMan
Sat Aug 13, 2016 12:45 pm
Forum: Personal Consumer Issues
Topic: Blue Cross Legacy Plan C Medigap
Replies: 19
Views: 1776

Re: Blue Cross Legacy Plan C Medigap

Thanks. Yes our rates are just going up but the plan is not being dropped so it looks like I may have to bite the bullet and pay more. I don't think we would be able to qualify if medical underwriting is needed due to preexisting conditions. If Plan C is being phased out in 2019 or 2020, it may be w...
by SpringMan
Sat Aug 13, 2016 12:08 pm
Forum: Personal Investments
Topic: Portfolio Review ?
Replies: 23
Views: 2858

Re: Portfolio Review ?

Your friends 4 fund portfolio is not bad in my opinion. The minimum volatility fund does include a nice chunk of international equity and has had good performance, maybe some recency bias could come into play. I like your 3 fund portfolio better, Total Stock Market, Total International Stock Market ...