Search found 570 matches

by Prudence
Fri Mar 20, 2020 3:59 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 51173

Re: Who's buying today? where's all the "dry powder" folks at? :)

One approach to help with the mental drain is to plot out difference scenarios... S&P drops to 2000 S&P drops to 1500 S&P drops to 1000 S&P drops to 500 Figure out a schedule of buys that will keep enough dry powder ready for the furthest drop you are comfortable with (meaning that ...
by Prudence
Mon Mar 16, 2020 8:11 am
Forum: Personal Investments
Topic: Move to CD now after rate cut?
Replies: 23
Views: 2544

Re: Move to CD now after rate cut?

Makes sense. Too add: a quick google search indicated that negative interest income cannot reduce federal taxable income.
by Prudence
Fri Mar 13, 2020 12:52 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12851

Re: Are you still going to the gym ...

I'm 73 and live in the DC metro area. I go to the gym every day but I decided to stop starting today. For a few weeks, I can replace the cardio at the gym with walking and running in my neighborhood. Today I will go to Dicks and buy a couple of dumb bells for use at home until it is safe to go back ...
by Prudence
Thu Mar 12, 2020 9:57 am
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38882

Re: Anybody want to guess the bottom of this "dip"?

I noticed that the Dow dropped 53.4% between October 07 and March 09, so, given what is happening in Europe now, I am guessing a 50% drop in the S&P to 1,696 and it could happen pretty quickly.
by Prudence
Mon Mar 02, 2020 8:21 pm
Forum: Personal Consumer Issues
Topic: Password Manager Risk Protection
Replies: 16
Views: 1217

Re: Password Manager Risk Protection

Point taken. Two concerns. How can I protect myself if the password manager (the firm) is attacked and compromised (they must be attacked every day)? What if I lose (or stolen and broken into or hacked) my PC or phone or any device where I have been using the password manager; am I ok? Is there no p...
by Prudence
Mon Mar 02, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: Password Manager Risk Protection
Replies: 16
Views: 1217

Password Manager Risk Protection

I'm gonna break down and start using a password manager, probably LastPass since it has received positive reviews. I have a PC and an android phone. I noticed LastPass had a scare in September that was fixed before any harm was done to users. So, I am wondering, after I start using LastPass, what sh...
by Prudence
Wed Feb 26, 2020 2:28 pm
Forum: Personal Consumer Issues
Topic: Cancel flights due to coronavirus concerns?
Replies: 76
Views: 8037

Re: Cancel flights due to coronavirus concerns?

Yes it would be very rational to cancel. My DW and I have a trip to Key West in April. I am thinking very seriously of canceling. I will lose a big deposit on the lodging and have to pay to cancel our airline tickets and get a refund of the FF miles. I will probably cancel the day before my final lo...
by Prudence
Fri Feb 21, 2020 9:22 am
Forum: Personal Consumer Issues
Topic: Auto Insurance Issue
Replies: 6
Views: 550

Auto Insurance Issue

Another driver hit the back of my daughter's car this morning. Two drivers were going in opposite directions on a narrow street and neither would let the other pass so they were sitting and the street was blocked. She came up behind one of the drivers (her neighbor), stopped, and then pulled around ...
by Prudence
Thu Feb 20, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals
Replies: 52
Views: 3306

Re: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals

sport wrote: Wed Feb 19, 2020 7:18 pm
Prudence wrote: Wed Feb 19, 2020 7:14 pm Super, thank you. I will be making my first QCD in 2020 so I will confirm that it works for me next year.
Be sure you are at least 70.5 years old at the time of the donation(s).
Got it, thanks!
by Prudence
Wed Feb 19, 2020 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals
Replies: 52
Views: 3306

Re: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals

Super, thank you. I will be making my first QCD in 2020 so I will confirm that it works for me next year.
by Prudence
Wed Feb 19, 2020 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals
Replies: 52
Views: 3306

Re: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals

............................................................................ Also, if I do the QCD withdrawal using a Vanguard withdrawal transaction, it would be accounted for and reported by Vanguard at year-end as a non-taxable QCD. Whereas if I write a personal check from my money market fund, ...
by Prudence
Tue Feb 18, 2020 9:50 pm
Forum: Personal Consumer Issues
Topic: Do you think I should get a dedicated Chromebook for my financial accounts?
Replies: 60
Views: 5378

Re: Do you think I should get a dedicated Chromebook for my financial accounts?

I've used one computer (MacBook Pro) for everything for years, but have seen advice that it might be a good idea to do all financial account transactions on a separate dedicated computer, such as a Chromebook, in order to minimize the chances of viruses and hacking. Wondering what people think of d...
by Prudence
Tue Feb 18, 2020 9:23 am
Forum: Personal Consumer Issues
Topic: Do you think I should get a dedicated Chromebook for my financial accounts?
Replies: 60
Views: 5378

Re: Do you think I should get a dedicated Chromebook for my financial accounts?

My question should have been: would the password manager be more secure on a Chromebook than a Mac or PC?
by Prudence
Tue Feb 18, 2020 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals
Replies: 52
Views: 3306

Re: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals

Timely thread. I plan to do a QCD out of my Vanguard tIRA account (using my money market fund). It appears that there is only one way to do this: manual check to the charity sent to me and then I send the check to the organization. This would be true if I were to make multiple donations to this org...
by Prudence
Mon Feb 17, 2020 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals
Replies: 52
Views: 3306

Re: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals

Sport: what a simple idea! Have you actually done this with QCDs?
by Prudence
Mon Feb 17, 2020 10:27 pm
Forum: Personal Consumer Issues
Topic: Do you think I should get a dedicated Chromebook for my financial accounts?
Replies: 60
Views: 5378

Re: Do you think I should get a dedicated Chromebook for my financial accounts?

have seen advice that it might be a good idea to do all financial account transactions on a separate dedicated computer I use the same computer to do everything. But I have secure two-factor authentication setup on all accounts, have notices sent out whenever anything changes and don't visit questi...
by Prudence
Mon Feb 17, 2020 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals
Replies: 52
Views: 3306

Re: Vanguard's Automatic RMD Service, QCDs, and Other Withdrawals

Timely thread. I plan to do a QCD out of my Vanguard tIRA account (using my money market fund). It appears that there is only one way to do this: manual check to the charity sent to me and then I send the check to the organization. This would be true if I were to make multiple donations to this orga...
by Prudence
Sat Feb 15, 2020 12:29 pm
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28529

Re: Protection Against Home Intruders

https://i.pinimg.com/originals/d5/5d/4f/d55d4fedf070393c9f6062d43f8afd03.jpg They are called Caucasian Sheppards. They are highly loyal and protective of only immediate household members. They show natural aggression at the age of 3 weeks to any non household member and have to be socialized from t...
by Prudence
Fri Feb 14, 2020 9:30 am
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28529

Re: Protection Against Home Intruders

Regarding ADT, does the homeowner pay anything for installation including electrical wiring for outside motion sensors and cameras etc.? While there is a contract, does the homeowner need to perform any maintenance at all (like fixing stuff and changing batteries, bulbs, connections etc. etc.) or do...
by Prudence
Wed Feb 12, 2020 9:12 pm
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28529

Re: Protection Against Home Intruders

How did the intruders enter the house? I don’t see where the OP answered this. I am curious, because in every real life intruder situation I have heard about, entry was gained via an unlocked door or an unlocked/open window. My neighbor told the police that the intruders entered through the door fr...
by Prudence
Tue Feb 11, 2020 10:57 pm
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28529

Re: Protection Against Home Intruders

Great advice! I am leaning towards adding motion lights around the house and fake cameras and the SimpliSafe system you recommended so that an alarm will go off if anyone tries to get in.
by Prudence
Tue Feb 11, 2020 3:28 pm
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 28529

Protection Against Home Intruders

Yesterday, intruders got inside my neighbor's house (SF detached) and removed his wallet with cash and credit cards etc. It was scary because he was home at the time and heard them (5 a.m.). The intruders may have been contractors who had previously done some work around his house. We don't have any...
by Prudence
Mon Feb 10, 2020 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software Question [Do you enter form data manually or via online access?]
Replies: 10
Views: 777

Tax Software Question [Do you enter form data manually or via online access?]

I am about to do my 2019 federal and state taxes with the H&R Block app. Do you let the software pull your data (1099 etc.) from the various firms and institutions or do you enter the data manually?
by Prudence
Sun Jan 26, 2020 2:51 pm
Forum: Personal Consumer Issues
Topic: Global Entry [wait time for interview]
Replies: 70
Views: 5009

Re: Global Entry [wait time for interview]

I didn't know about Mobile Passport! :( I'll see if I can cancel my application and get my $100 back (plus the $100 or DW). Fat chance!
by Prudence
Sat Jan 25, 2020 2:54 pm
Forum: Personal Consumer Issues
Topic: Global Entry [wait time for interview]
Replies: 70
Views: 5009

Re: Global Entry

They got backlogged last year due to government shutdown and then by staff being transferred to deal with other border issues. Also the program has been running long enough that they now have to do renewals. Some people have the interview waived for a renewal; others have to be reinterviewed. Agree...
by Prudence
Sat Jan 25, 2020 1:04 pm
Forum: Personal Consumer Issues
Topic: Global Entry [wait time for interview]
Replies: 70
Views: 5009

Global Entry [wait time for interview]

We submitted our applications and have conditional approval for the GE. We have travel plans in April and September so we were hoping to receive our GE before the April trip. We live in Maryland. According to the web-site, no interview appointments are available now at all in Maryland, DC and Virgin...
by Prudence
Thu Jan 16, 2020 9:21 am
Forum: Investing - Theory, News & General
Topic: Are you a closet market-timer?
Replies: 177
Views: 14658

Re: Are you a closet market-timer?

Yes I am a market timer. I retired over three years ago and am particularly concerned about sequence of returns risk. I want the portfolio (net of inflation) to keep growing, even if the growth rate is very slow and less than a balanced portfolio would have yielded. For various reasons (which most f...
by Prudence
Tue Jan 14, 2020 2:43 pm
Forum: Personal Consumer Issues
Topic: Credit Card Question
Replies: 13
Views: 1088

Re: Credit Card Question

When I look at our spending history, we are getting 1% cash back on most of our purchases. So, I am thinking it might make sense for each of us to get the Citi Double Cash and use them for everything including travel purchases (and terminate our current Chase and Discover cards).
by Prudence
Tue Jan 14, 2020 1:12 pm
Forum: Personal Consumer Issues
Topic: Credit Card Question
Replies: 13
Views: 1088

Credit Card Question

My spouse and I have separate cards (me Amazon Chase, she Discover). We have not traveled much in the past but now we expect to do more. I have been reading some of the other CC threads and looking at Nerdwallet etc. We probably need to use the same card and get points we can use on many if not all ...
by Prudence
Sat Jan 11, 2020 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get a Trust
Replies: 35
Views: 3650

Re: Should I get a Trust

Thank you all for the feedback. My wife is the primary beneficiary, I guess my goal is that the 3 kids get even and easy convenance to the inheritance. I know that PA. Has an inheritance tax 4.5%. I would like that avoided if possible. I’m also in PA and recently got a couple of estate planning opi...
by Prudence
Sat Jan 11, 2020 8:48 am
Forum: Personal Investments
Topic: 1 million cash - looking for low risk investment
Replies: 53
Views: 6740

Re: 1 million cash - looking for low risk investment

For you, I endorse the 20/80 or 30/70 allocation suggested above. Personally, as a retiree of 3 1/2 years, my goal over the past few years has been to grow the portfolio, beating or keeping up with inflation. So, I have concentrated in several CDs earning 3% or more, a fund with a fixed rate of 4%, ...
by Prudence
Thu Jan 09, 2020 2:34 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve
Replies: 85
Views: 12746

Re: Chase Sapphire Reserve

Shortly, my spouse and I will submit our applications to the government for Global Entry including the $100 application fee. At about the same time, we plan to submit applications for a premium travel card (maybe CSR) that will credit us the GE fees. To receive the credit, do we need to be issued th...
by Prudence
Tue Jan 07, 2020 8:13 pm
Forum: Personal Consumer Issues
Topic: Alta, UT Goldminer's Daughter or Peruvian?
Replies: 4
Views: 611

Re: Alta, UT Goldminer's Daughter or Peruvian?

We liked the Rustler, good dining and location.
by Prudence
Tue Jan 07, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't a Vietnam Veteran who's income eligible now for VA health benefits qualify because of last year's income?
Replies: 20
Views: 1741

Re: Why can't a Vietnam Veteran who's income eligible now for VA health benefits qualify because of last year's income?

Viet Nam veteran here. I looked into this once and decided Medicare would be more desirable for me. At the time, I concluded that my income was too high anyway. I agree with above posters that you should always apply if interested because the specific rules are not easy to find and they are complex....
by Prudence
Tue Jan 07, 2020 11:53 am
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 342
Views: 24144

Re: How do YOU make coffee?

I have a Corningware 10 cup coffee percolator circa 1974. Grind Starbucks medium roast beans. I like it but the coffee tastes better to me at Starbucks and I don't know why.
by Prudence
Mon Jan 06, 2020 8:46 pm
Forum: Investing - Theory, News & General
Topic: 2020 Bogleheads Conference and Survey
Replies: 81
Views: 10435

Re: 2020 Bogleheads Conference and Survey

Sounds ok. In the past, the registration process has been frustrating. If you need to keep the number of attendees limited, I am fine with that. Assuming the demand will be much greater than the supply, I would suggest that you announce in advance the exact date and time registration opens and then ...
by Prudence
Fri Jan 03, 2020 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Medical school at 34 - Is this financial suicide?
Replies: 116
Views: 10992

Re: Medical school at 34 - Is this financial suicide?

I would fully commit to it. If you find after a year or so that it is not what you hoped, you can probably go back to another good job in healthcare (it's one of the most in demand occupations).
by Prudence
Fri Jan 03, 2020 9:01 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6238
Views: 1421881

Re: What Movie Have You Recently Watched?

Enjoyed Knives Out; Christopher Plummer and his nurse were great; complicated plot requiring concentration. You can wait until it comes out on streaming. Enjoyed The Irishman; typical Scorcese; Joe Pesci best I have seen him in years. DeNiro and Pacino good as I expected.
by Prudence
Thu Jan 02, 2020 10:18 pm
Forum: Personal Investments
Topic: VTI. Buy Now or Wait for a Dip?
Replies: 44
Views: 4487

Re: VTI. Buy Now or Wait for a Dip?

Blueskies, suggest you check the futures market tomorrow morning before you submit your buy orders. :)
by Prudence
Thu Jan 02, 2020 4:24 pm
Forum: Personal Consumer Issues
Topic: Hotel Reservation
Replies: 13
Views: 1192

Re: Hotel Reservation

I agree with the consensus so a couple of hours ago I made the reservation, putting down a deposit. I can cancel up to two weeks prior and get a refund, less a processing fee. I made the reservation over the phone and they gave me a 10% discount off the online price which was nice. Now I have peace ...
by Prudence
Thu Jan 02, 2020 11:22 am
Forum: Personal Consumer Issues
Topic: Hotel Reservation
Replies: 13
Views: 1192

Hotel Reservation

We are going to Key West at the end of April. I am about to book a room in one of the nicer $$$$ properties in a good location etc. Various travel experts on the web say that, in general, it is best to wait until three or four weeks before your trip to book a room in order to get the best price. How...
by Prudence
Sat Dec 28, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable attorney fee for establishing a will/trust?
Replies: 27
Views: 4376

Re: What is a reasonable attorney fee for establishing a will/trust?

It will vary based on the level of the lawyer, the level of the law firm, the size of the law firm, and the city you're in, and on how much time you need in the decision making process. But if your estate is around $5 million (and likely to grow if you already have $5 million at a young age) and yo...
by Prudence
Sun Dec 22, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Which spouse should own the brokerage account?
Replies: 31
Views: 3767

Re: Which spouse should own the brokerage account?

What if the account only includes money market funds, bonds and bond funds and CDs? Is the possible advantage then only very minimal? Then the taxable accounts should use the MM funds, bonds and bond funds and CDs to buy tax-efficient equity funds and a concomitant change in tax-deferred accounts s...
by Prudence
Sun Dec 22, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Which spouse should own the brokerage account?
Replies: 31
Views: 3767

Re: Which spouse should own the brokerage account?

I am not a tax guy, but, a quick google search reveals two things: A) Joint property is stepped up at 50%. So, if my spouse and I jointly own an account worth $100K with a basis of $50K, the new stepped up basis is $75K. You step up only 50% of the joint asset. B) a wholly owned asset is stepped up...
by Prudence
Wed Dec 18, 2019 5:25 pm
Forum: Personal Consumer Issues
Topic: Estate sales, not for just dead people?
Replies: 21
Views: 2529

Re: Estate sales, not for just dead people?

I'm with you, thanks.
by Prudence
Wed Dec 18, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Estate sales, not for just dead people?
Replies: 21
Views: 2529

Re: Estate sales, not for just dead people?

We employed estate sale service for my parents moving sale some years ago. It worked spectacularly well. When it came time to close house was empty and spotless for the new owners. At the time their charge was 30% of proceeds. We will employ this strategy when it comes time for our move. It's impor...
by Prudence
Tue Dec 17, 2019 2:37 pm
Forum: Personal Investments
Topic: Add TIPS?
Replies: 7
Views: 611

Re: Add TIPS?

I concur with dbr. I don't understand why folks include some TIPS in their portfolio just in case there is some unexpected inflation. I like a more rational basis for having TIPS. Bill Bernstein has provided a good rationale for how and when to use TIPS. For example, if one retires at age 65 with 25...
by Prudence
Sun Dec 15, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 317
Views: 29680

Re: H&R BLOCK Pre-Order 2019 Software Offer

I got an email Friday offering Federal and state for 35 bucks and threatening that price goes up in January. (I have used it the last two years). The constant fluctuations are annoying.