Search found 749 matches

by Van
Fri Apr 17, 2020 2:12 pm
Forum: Investing - Theory, News & General
Topic: Switching from Bond funds to CD ladder
Replies: 26
Views: 1938

Re: Switching from Bond funds to CD ladder

If your sole concern is that rates will rise then sell bonds to cash now and after the rates rise then go to the higher paying CD's. (Personally I don't think rising rates to any great degree is something to worry about) Agreed. I've been to the process recently of moving from bond funds and/or a 3...
by Van
Fri Apr 17, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: Switching from Bond funds to CD ladder
Replies: 26
Views: 1938

Re: Switching from Bond funds to CD ladder

I recently sold all my bond funds, and I'm gradually putting the proceeds into CDs. I'm 78 years old, and, given today's low interest rate environment, I did not want to watch my fund values decline as interest rates go up. I know that I have no idea when rates will begin to rise again, but, rates a...
by Van
Tue Apr 14, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 14390

Re: How many paid for kids' college?

For both of my sons I paid every cent of their college expenses. Perhaps that's why both of them took 5 years to get BA degrees which should have taken 4 years! However, I have no regrets. Neither left college facing huge loan debts, and, fortunately, it was not a huge financial burden for me. In my...
by Van
Mon Apr 13, 2020 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Moving states to avoid capital gains taxes
Replies: 42
Views: 3914

Re: Moving states to avoid capital gains taxes

11% sales tax in WA, but, I think there is no state income tax.
by Van
Mon Apr 13, 2020 9:59 am
Forum: Personal Investments
Topic: FOMO Help - $1M to invest after avoiding all of the downturn
Replies: 58
Views: 6147

Re: FOMO Help - $1M to invest after avoiding all of the downturn

as9 wrote: Mon Apr 13, 2020 7:24 am Not sure where you’re getting the idea deaths are overcounted. If anything, the opposite appears to be likely. Good luck!
+1
by Van
Fri Apr 10, 2020 4:17 pm
Forum: Investing - Theory, News & General
Topic: Investor says Stock Market Gains will only be 2% a year next 20 years
Replies: 110
Views: 10182

Re: Investor says Stock Market Gains will only be 2% a year next 20 years

What crap.

Does anyone know what's going to happen tomorrow, let alone 20 years into the future?
by Van
Fri Apr 10, 2020 4:16 pm
Forum: Investing - Theory, News & General
Topic: Investor says Stock Market Gains will only be 2% a year next 20 years
Replies: 110
Views: 10182

Re: Investor says Stock Market Gains will only be 2% a year next 20 years

What crap.

Does anyone know what's going to happen tomorrow, let alone 20 years into the future?
by Van
Mon Apr 06, 2020 10:26 am
Forum: Personal Investments
Topic: 100% cash in this unprecidented time?
Replies: 57
Views: 6898

Re: 100% cash in this unprecidented time?

alibaba123 wrote: Mon Apr 06, 2020 10:22 am This is the time to go 100% stocks. Not 100% cash.
You could very well be correct. Time will tell, of course. I don't have the risk tolerance to go 100% stock. As my dear departed grandmother often said, "We are all not alike."
by Van
Sun Apr 05, 2020 6:22 pm
Forum: Personal Investments
Topic: 100% cash in this unprecidented time?
Replies: 57
Views: 6898

Re: 100% cash in this unprecidented time?

20 years of expenses if all cash? Go for it, or how about keeping the stock and moving the bonds to cash? 20/80. Stock/cash I have been giving a lot of consideration to exactly what you suggest, i.e. 20% stock and 80% cash. Enough stock to perhaps keep up, at least to some extent, with inflation, b...
by Van
Sun Apr 05, 2020 5:31 pm
Forum: Personal Investments
Topic: 100% cash in this unprecidented time?
Replies: 57
Views: 6898

Re: 100% cash in this unprecidented time?

Have enough in investments to more than last for 20 years. With the federal government throwing stimulus money from helicopters on an unprecedented scale, is there risk that "20 years" of cash turns out to be much, much less due to inflation? Definitely a concern. This is a factor in my main point,...
by Van
Sun Apr 05, 2020 5:14 pm
Forum: Personal Investments
Topic: 100% cash in this unprecidented time?
Replies: 57
Views: 6898

Re: 100% cash in this unprecidented time?

It's impossible to explain but for some reason I still want to be in the investing "game", although I don't need to be. Maybe I would sleep better at night if I was 100% cash, but maybe not. If there was a surge in the market, I would regret being a coward and getting out. On the other hand, if the ...
by Van
Sun Apr 05, 2020 5:07 pm
Forum: Personal Investments
Topic: 100% cash in this unprecidented time?
Replies: 57
Views: 6898

Re: 100% cash in this unprecidented time?

watchnerd wrote: Sun Apr 05, 2020 5:05 pm What's your AA?

At your age (75), I wouldn't chastise someone for moving to a more conservative allocation when there is limited time left to make up for a bad market.
70% bonds, 20% stock and 10% cash is the current AA.
by Van
Sun Apr 05, 2020 4:55 pm
Forum: Personal Investments
Topic: 100% cash in this unprecidented time?
Replies: 57
Views: 6898

100% cash in this unprecidented time?

I'll admit it. I'm extremely nervous in this COVID-19 environment. How bad is this going to get? Nobody knows, of course. Will it pass in a few months, and then the stock market will gradually recover? Will it get really ugly, both socially with lawlessness and rioting and economically with more tha...
by Van
Sat Apr 04, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: Shiller PE / Bond Yield Asset Allocation Model ?
Replies: 13
Views: 674

Re: Shiller PE / Bond Yield Asset Allocation Model ?

Didn't Shiller say which bond yield to use? If not, this seems useless IMHO.
by Van
Sat Apr 04, 2020 12:36 pm
Forum: Investing - Theory, News & General
Topic: Why not go EE bonds (instead of bond funds)?
Replies: 177
Views: 12554

Re: Why not go EE bonds (instead of bond funds)?

Why not? Maybe a person is 75 years old or older.
by Van
Sat Apr 04, 2020 8:29 am
Forum: Personal Finance (Not Investing)
Topic: College choice dilemma
Replies: 167
Views: 8886

Re: College choice dilemma

Vanderbilt for 3 years and then transfer to Princeton? Doable?

Ethics be damned. We're talking real money here.
by Van
Thu Apr 02, 2020 11:58 am
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 10000

Re: Does anyone else just not care/worry?

I care and I am watching intently for the right time to jump in and buy the S & P500.

How will I know the perfect time? I'll definitely know, but, If I told all of you, you would ruin it for me.
by Van
Tue Mar 31, 2020 5:11 pm
Forum: Investing - Theory, News & General
Topic: Has Your Asset Allocation Strategy Changed?
Replies: 73
Views: 3860

Re: Has Your Asset Allocation Strategy Changed?

I'm giving lots of thought to going to a dollar amount of allocation, instead of a percentage allocation. There is a certain dollar amount I don't ever want to go under. So, that amount would go in ultra safe investments (mainly CDs and a much smaller amount in money markets). The balance would be i...
by Van
Tue Mar 31, 2020 8:28 am
Forum: Personal Investments
Topic: Why buy treasuries when CD rates are so much better?
Replies: 42
Views: 4443

Re: Why buy treasuries when CD rates are so much better?

So, JackoC, what's the problem with having dozens of CDs if you need them for a large fixed income amount? If you are chasing around from bank to bank to get a little better rate, it would be a hassle. On the other hand, if you accept a little lesser rate, it is easy to buy lots of brokered CDs thro...
by Van
Mon Mar 30, 2020 4:15 pm
Forum: Personal Investments
Topic: Why buy treasuries when CD rates are so much better?
Replies: 42
Views: 4443

Re: Why buy treasuries when CD rates are so much better?

I'm with the OP. I am buying CDs instead of Treasuries. Better rates for sure. Easy to buy through Vanguard brokerage. As far as liquidity goes, just buy some in your mix that are short-term, 3 months or so.
by Van
Sun Mar 29, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4672
Views: 1288076

Re: What Book Are You Currently Reading? Part VI

A VERY STABLE GENIUS
by Van
Tue Mar 24, 2020 4:45 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age ? and this crisis ?
Replies: 173
Views: 10579

Re: What is your AA, given your age ? and this crisis ?

78 years old.

20/70/10: stock/CDs/money market
by Van
Tue Mar 24, 2020 4:21 pm
Forum: Personal Investments
Topic: CDs in IRA subject to RMD
Replies: 10
Views: 456

Re: CDs in IRA subject to RMD

Thanks responders. Very helpful.
by Van
Tue Mar 24, 2020 11:03 am
Forum: Personal Investments
Topic: CDs in IRA subject to RMD
Replies: 10
Views: 456

Re: CDs in IRA subject to RMD

Thanks for the replies so far. As I suspected, CDs in an IRA subject to a yearly RMD don't work very well. My IRA is with Vanguard and they automatically remove the required amount each December 15. So, I would have to make sure there is enough in something other than CDs to satisfy the RMD or I mig...
by Van
Tue Mar 24, 2020 10:44 am
Forum: Personal Investments
Topic: CDs in IRA subject to RMD
Replies: 10
Views: 456

CDs in IRA subject to RMD

Can one buy CDs in an IRA that is subject to the Required Minimum Distribution? Here is my concern. If you have funds in your IRA consisting of stocks, bonds or cash (money markets), shares and partial shares can be sold at the time your RMD is due in the exact amount required. How would this work i...
by Van
Sat Mar 21, 2020 3:30 pm
Forum: Investing - Theory, News & General
Topic: COVID Crash: What did you get right?
Replies: 61
Views: 2890

Re: COVID Crash: What did you get right?

Nothing!

I get an F in both stocks and bonds. I failed to move any money out of my stock funds, and I did some panic selling of my muni bond ETF and took a real spanking.

You might think I'm a novice investor, but I've been at this for more than 50 years! Just stupid.
by Van
Thu Mar 19, 2020 6:30 am
Forum: Personal Investments
Topic: VUSXX (Van Treas MM) Not Listed
Replies: 1
Views: 222

VUSXX (Van Treas MM) Not Listed

Does anyone know why VUSXX is not listed on the Vanguard website along with the Federal and Prime Money Market Funds? If I log onto my Vanguard account and click on Investing and then a List of Mutual Funds, the only taxable money market funds that appear are Federal and Prime. However, if you enter...
by Van
Tue Mar 03, 2020 4:02 pm
Forum: Personal Investments
Topic: Interest Rates Tank
Replies: 9
Views: 891

Re: Interest Rates Tank

Thanks. I'll look into Ally.
by Van
Tue Mar 03, 2020 3:51 pm
Forum: Personal Investments
Topic: Interest Rates Tank
Replies: 9
Views: 891

Interest Rates Tank

I just noticed in the newspaper that the interest rate on a 2 year Treasury is less than 1%! I can not remember it being lower, but maybe a long time ago it was. Where do retirees such as me go to find a decent safe return on their savings? If you bought some bonds or bond funds a year or two ago, t...
by Van
Mon Feb 24, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for very young person promoted
Replies: 17
Views: 2822

Re: Advice for very young person promoted

Be nice to people on the way up, as you'll meet a lot of those folks on the way back down.
by Van
Fri Jan 31, 2020 1:40 pm
Forum: Personal Consumer Issues
Topic: Suggestions for wife's new luxury (or non luxury) SUV???? UPDATE: Thanks everyone for your help.
Replies: 138
Views: 9660

Re: Suggestions for wife's new luxury (or non luxury) SUV????

I just passed 5,000 miles on my 2019 Porsche Macan. So far, it's the nicest vehicle I have ever owned. You may want to take a look at the Macan.
by Van
Wed Jan 29, 2020 8:50 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4672
Views: 1288076

Re: What Book Are You Currently Reading? Part VI

I Hear You Paint Houses

Excellent, especially if you have a Philly connection.
by Van
Thu Dec 26, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax 2019 on Amazon
Replies: 347
Views: 38139

Re: Turbotax 2019 on Amazon

I'm confused. TurboTax says you need the Premier version if you have capital gains and losses, but some postings indicate that Deluxe will handle that.

Help.

Van
by Van
Mon Oct 21, 2019 11:47 am
Forum: Investing - Theory, News & General
Topic: Investing for the "great sag" - Dalio
Replies: 65
Views: 11255

Re: Investing for the "great sag" - Dalio

Based on the "breat sag" prediction, I'm going to sell all of my stock and go 100% into bonds, or I'm going to sell all of my bonds and go 100% into stock.

What I'm really going to do is what most of us do when we see predictions like this: NOTHING.
by Van
Sun Oct 20, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1477
Views: 174235

Re: What frugal thing did you do today?

I did not bet on the Eagles to beat the Cowboys.
by Van
Fri Sep 20, 2019 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Tax Form Required?
Replies: 6
Views: 408

Re: Gift Tax Form Required?

I do not live in a community property state.
by Van
Fri Sep 20, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Tax Form Required?
Replies: 6
Views: 408

Re: Gift Tax Form Required?

Thanks Gill. That's what I thought, but in reading the instructions I kept seeing statements indicating that if you gave more than $15,000 you need to file Form 709. What if I alone had given slightly less than $60,000 to my son and his wife, and my spouse would agree to declaring that it was a spli...
by Van
Fri Sep 20, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Tax Form Required?
Replies: 6
Views: 408

Gift Tax Form Required?

Despite reading the IRS instructions for Form 709, the "Gift Tax Form", I did not find a clear answer to my question. Perhaps someone can help. I gave slightly less than $30,000 to my son and his wife in 2019. This was several checks, all made out to them jointly. So, I'm below the threshold of $15,...
by Van
Thu Sep 19, 2019 5:10 am
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 10122

Re: Do You Tip At Counter Service Restaurants?

NO. It's out of control.
by Van
Mon Aug 05, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: How much liability insurance?
Replies: 9
Views: 472

Re: How much liability insurance?

I carry 5 million. If the stuff hits the fan, I figure a loss of that size will get the insurance companies attention and they will put up their best defense.
by Van
Thu May 23, 2019 7:17 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite High-Yield Bond Funds?
Replies: 23
Views: 3183

Re: Your Favorite High-Yield Bond Funds?

Vanguard Prime Money Market Fund. :happy Everyone is a comedian.
by Van
Tue May 21, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Guanteed check from Vanguard?
Replies: 2
Views: 731

Guanteed check from Vanguard?

Does Vanguard issue anything like a cashier's or certified check on one of its money market accounts? I need a "guaranteed" check to pay for a car. I think I need to transfer funds to my bank and then ask them to do the guaranteed check. But I'm hoping I'm wrong and Vanguard provides such a service ...
by Van
Mon May 13, 2019 2:20 pm
Forum: Personal Consumer Issues
Topic: Heating with propane?? Good idea?
Replies: 38
Views: 2464

Re: Heating with propane?? Good idea?

We have a hybrid heat pump/propane system. When the propane is on, it feels noticeably warmer in the house at a given temperature setting than when the heat pump is operating. Also, the propane system heats up the house much quicker than the heat pump. However, the propane gets very expensive during...
by Van
Thu May 09, 2019 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Disability: Fibromyalgia
Replies: 31
Views: 3995

Re: Social Security Disability: Fibromyalgia

Thanks very much to those that have replied so far. Very Helpful.

I kind of knew this would not be easy with a condition like fibromyalgia. There is no specific medical test or marker to establish the diagnosis. It is, to some extent, a diagnosis by exclusion.

Van
by Van
Thu May 09, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Disability: Fibromyalgia
Replies: 31
Views: 3995

Social Security Disability: Fibromyalgia

My son is 50 years old and has fibromyalgia. Getting a "regular" job is problematic, since the fibromyalgia flare ups are unpredicatable. During a flare up, almost any kind of work is out of the question. I wonder if he might be eligible for disability benefits via Social Security? My understanding ...
by Van
Tue May 07, 2019 6:01 am
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 15172

Re: I tried to fire my financial advisor of 12 years today...

This guy has been robbing you blind charging 1.5% per year and you feel bad about pulling the plug?

Come on man!
by Van
Mon May 06, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor
Replies: 49
Views: 5232

Re: Buying a house without a realtor

I have bought two houses and sold one without the involvement of a realtor being involved.

The title company handles all of the paperwork. As long as you pay close attention to the numbers, it is pretty straight forward.