Search found 622 matches

by EyeYield
Sun Jan 07, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Banks and Brokerages defend against doomsday attack
Replies: 1
Views: 542

Re: Banks and Brokerages defend against doomsday attack

I couldn't read the WSJ article, but apparently a lot about the project is secret, as it should be, but I would (possibly wrongly) assume that the big brokerages would be a part of it. An article about the Sheltered Harbor project is in today's LA Times. It states, in part: Sheltered Harbor’s member...
by EyeYield
Wed Jan 03, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Recommend me a backpack for business use
Replies: 21
Views: 1642

Re: Recommend me a backpack for business use

A relatively new company you've probably never heard of, Hylete, makes some pretty sturdy backpacks. https://www.hylete.com/backpacks I chose this one, which is pretty versatile. It separates into two packs and works great as a carry on, duffle, hand held, as well as a backpack. Check out the video ...
by EyeYield
Mon Jan 01, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks That Went Bust
Replies: 101
Views: 7401

Re: Individual Stocks That Went Bust

One of the darlings of Wall Street for decades, the company that everybody had to own, Polaroid. Many of their patents under the name Polaroid are still licensed today. I owned it. It cured me of buying stocks. I almost bought some too, but I think I went with IBM at the time, which may be added to...
by EyeYield
Mon Jan 01, 2018 2:56 pm
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 68
Views: 13042

Re: Savings Bond Wizard to be eliminated 5/18

I am confused as to what this is. I have loaded all my paper bonds into the website then I saved it (data only) using the instructions they provided. Then, when I click on the file saved the next month it automatically updates on the web. I then save under a different name and do that all over agai...
by EyeYield
Sat Dec 30, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks That Went Bust
Replies: 101
Views: 7401

Re: Individual Stocks That Went Bust

One of the darlings of Wall Street for decades, the company that everybody had to own, Polaroid.
Many of their patents under the name Polaroid are still licensed today.
by EyeYield
Sat Dec 23, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 8183

Re: Saving for the crash

I was on another forum mostly unrelated to investment, and a bunch of people were saying that they're setting aside a large amount of cash for the next big market crash (e.g., 2008). I think I know what folks will say about this plan (e.g., money not making money while you wait), but I'd love to he...
by EyeYield
Sun Dec 17, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: What are the negatives of inheriting a Roth IRA - if any? (Non Spousal)
Replies: 11
Views: 1355

Re: What are the negatives of inheriting a Roth IRA - if any? (Non Spousal)

If a beneficiary does not elect the 5 year rule, because Life expectancy is the default rule under VG and almost all IRA custodian's beneficiary clause, the 5 year rule is not necessarily triggered. IRS PLR <a href="tel:2008-11028">2008-11028</a> concluded that the missed LE RMDs can be made up and...
by EyeYield
Sun Dec 17, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: What are the negatives of inheriting a Roth IRA - if any? (Non Spousal)
Replies: 11
Views: 1355

Re: What are the negatives of inheriting a Roth IRA - if any? (Non Spousal)

Thanks to EVERYONE for correcting my understanding and to celia and livesoft for breaking it down so even I could understand it.

I'm just beginning this conversion now, to the top of my tax bracket, and will convert as much as possible before I begin my RMD's in four and a half years.
by EyeYield
Sun Dec 17, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: What are the negatives of inheriting a Roth IRA - if any? (Non Spousal)
Replies: 11
Views: 1355

What are the negatives of inheriting a Roth IRA - if any? (Non Spousal)

I'm starting a Roth conversion and want my early twenties nephews to be equal co-beneficiaries. As I understand it, they will have three options. They can choose to let it grow tax free, but not contribute to it, choose to take yearly RMDs tax free or take the whole thing after 5 years tax free. Do ...
by EyeYield
Thu Dec 14, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: FIFO and withdrawals from taxable
Replies: 12
Views: 749

Re: FIFO and withdrawals from taxable

That's a big IF in the middle of fIFo, which we're not allowed to talk about.
by EyeYield
Thu Dec 14, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: State Farm Insurance, Time to Leave
Replies: 63
Views: 7549

Re: State Farm Insurance, Time to Leave

I have had all of my insurance with State Farm for at least 30 years. Right now that is 6 cars, Homeowners, umbrella, 3 rental properties, personal articles, tractor, camping trailer, and DW's consulting business. Are you aware that a State Farm Visa card offers 3x's points when used to buy State F...
by EyeYield
Mon Dec 04, 2017 10:41 pm
Forum: Investing - Theory, News & General
Topic: One answer to the Dividend stocks puzzle from behavioral finance
Replies: 184
Views: 14937

Re: One answer to the Dividend stocks puzzle from behavioral finance

To echo and perhaps even amplify triceratop's voice: We are not against dividends. We are only against misconceptions about dividends. PJW I think it is you who misunderstand dividends. A finance professor performing an academic valuation would say that keeping the cash in the company increases the...
by EyeYield
Sun Dec 03, 2017 11:58 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 7954

Re: How to convince DW that high miles used car is OK

Just know that the price you pay for a car with that kind of mileage is just the down payment with a payment plan soon to follow.
by EyeYield
Thu Nov 30, 2017 2:43 am
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 11298

Re: Which crash have you seen it before it is coming?

I see the great crash of 2028, where the Dow loses 5000 points during that year and falls to a five year low of 36000.
You've been warned!
by EyeYield
Sat Nov 18, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 98
Views: 6616

Re: Where did you first learn about investing?

It was from my mother, she forced me to save and invest starting at the age of 12. I grew up poor, but my mother grew up poorer. She swore she would never again have to stretch the life of a pair of shoes by putting cardboard inside to cover up the holes in the soles and she would be damned if her k...
by EyeYield
Thu Nov 16, 2017 10:04 am
Forum: Investing - Theory, News & General
Topic: The passive investing trap
Replies: 23
Views: 5279

Re: The passive investing trap

So a financial advisor I no longer do business with sent me this article about The Passive Investing Trap. That was nice of them to keep in contact with an ex client. Did he/she mention why? Were they trying to educate you as to what a mistake you made by leaving them and going passive? Well don't ...
by EyeYield
Wed Nov 15, 2017 2:48 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 15053

Re: Jim Cramer doesn’t beat the market

When the tide turns from passive investing, I would not be surprised to see Ramen beat the market by a large amount. Right now it is hard for anyone actively picking stocks. Ramen, a Chinese-style wheat noodle, has just as good a chance of beating the market as tea leaves, fortune cookies, tarot ca...
by EyeYield
Tue Nov 07, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 10614

Re: "$1 Million is Closer Than You Think"

I was really interested in reading the link that was provided, but I totally misinterpreted the meaning of the title of this thread.

I thought it would link me to an article that explained that $1 Million is Closer Than You think --- to Being Enough.

That would be interesting.
by EyeYield
Thu Nov 02, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help Me Break My Love Affair With Fidelity Low Priced Stock
Replies: 76
Views: 7632

Re: Help Me Break My Love Affair With Fidelity Low Priced Stock

OP - I bought the same fund around the same time as you, probably heard about it in Money too, for my tIRA. Since I'm just 5 years away from RMD's, I will start a Roth conversion this year and a piece of Low Priced Stock will be the first to be converted, since it's one of the larger pieces of my tI...
by EyeYield
Wed Nov 01, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: Gyms with well maintained swimming pool, that aren't Equinox?
Replies: 14
Views: 1414

Re: Gyms with well maintained swimming pool, that aren't Equinox?

How close are you to Rose Bowl? https://www.rosebowlaquatics.org/programs/lap-swim/#program-classes Fairly reasonable https://www.rosebowlaquatics.org/programs/lap-swim/#program-classes ^^^^THIS! One of the best all day lap swim facilities in the country and about 8 minutes from Glendale. Two outdo...
by EyeYield
Wed Nov 01, 2017 8:43 pm
Forum: Personal Consumer Issues
Topic: Volvo "Overseas Delivery"
Replies: 14
Views: 2569

Re: Volvo "Overseas Delivery"

sunny_socal, did you go through with it? Not yet, but still hoping/planning. The only reason this remains attractive is that we're doing a big 2-3W Euro vacation next year anyway and having our own car would add to the experience. It's rather un-Boglehead:ish It's rather un-me too. I waited 21 year...
by EyeYield
Wed Nov 01, 2017 9:25 am
Forum: Personal Consumer Issues
Topic: Volvo "Overseas Delivery"
Replies: 14
Views: 2569

Re: Volvo "Overseas Delivery"

When am I going to learn not to compose a question before for I search for the topic - everything under the sun has already been discussed. Volvo is beginning production on it's XC 40, supposedly this month, and the 2019 should be available spring 2018. This model appeals to me and driving through N...
by EyeYield
Wed Oct 25, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6880

Re: Commission only fiduciary planner

Let's give the OP a chance to catch his breath without undo cynicism, he's new and has been through a lot. I think the important take away from the OP is this: Afterwards my wife and I went out to dinner and discussed our options and have decided that this is indeed aomething we can manage on our ow...
by EyeYield
Tue Oct 24, 2017 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6880

Re: Commission only fiduciary planner

Ok so the meeting went well. The advisors were, as expected very friendly, personable, charming and charismatic. They gave us ice water and fresh baked chocolate chip cookies when we got there (which was great as I had forgotten to eat a snack and I could feel my blood sugar dropping). We discussed...
by EyeYield
Sun Oct 22, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Drum sets?
Replies: 10
Views: 858

Re: Drum sets?

If she is already taking lessons, I would ask her teacher first. The teacher should have a knowledge of what's needed and whats available locally. The teacher may even have another student who is upgrading and wants to sell their set. Without knowing your budget, but knowing it will be her first aco...
by EyeYield
Sat Oct 21, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6880

Re: Commission only fiduciary planner

This was a surprise as three seperate people have told me that they never pay anything...at all. One of those people just signed up this week. The disclosure is from February 2017. Is it possible they are just sneaking those fees in from the top and no one is noticing? I dont understand it, as all ...
by EyeYield
Sat Oct 21, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6880

Re: Commission only fiduciary planner

H However they do their pre client program in 3 different meetings... I would be very interested in how these meetings are structured, but three "pre client program meetings" would raise a red flag to me. If you must go to the first one, get as much detailed information on what the next two will foc...
by EyeYield
Sat Oct 21, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Commission only fiduciary planner
Replies: 129
Views: 6880

Re: Commission only fiduciary planner

Run! Don't even have the initial "consultation" - you'll be fed a word salad that will be delivered through a smiling self assured mouth piece that will mask the shark inside. Commissions mean front end loaded funds that will have high expenses ratios and 12b-1 fees. 12% current? What does that mean...
by EyeYield
Wed Sep 27, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones (again)
Replies: 28
Views: 2683

Re: Edward Jones (again)

Thanks again guys; all the comments: livesoft; Lou354;goingup; bolderboy; monkey-business; Taylor-Larimore; sixty forty; retiredjg; 1210sda; pkcrafrter; Fallible; and pqwerty. I will take some time and look at all these ideas and suggestions; I appreciate them all. The 3-fund suggestion merits some...
by EyeYield
Tue Sep 19, 2017 9:05 am
Forum: Investing - Theory, News & General
Topic: Bond Fund Philosophy
Replies: 18
Views: 3134

Re: Bond Fund Philosophy

Kitty: Prior to Irma's arrival, Taffy and I moved from our Miami water-front condo to a safe inland Comfort Suites motel where I am typing this. We are returning to our home in a few hours. I understand that we will have electricity but no Comcast cable. This means I'll not be able to read or post ...
by EyeYield
Mon Sep 11, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Financial Independence Mindset
Replies: 83
Views: 7988

Re: Financial Independence Mindset

WanderingDoc wrote:
Sun Sep 10, 2017 11:13 pm

Judging by the dozens of PMs I receive on the topic of real estate, the interest is definitely there.
This is a very open forum and there's no need to hide or pretend, so there will be dozens of BH sharing what you shared with them. That's what this community is all about.
by EyeYield
Wed Sep 06, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 6959

Re: Wife believes 7+% returns from stock market are guaranteed

As long as your wife has the guarantee in writing, backed by a reputable deity, I see no reason to lock this thread. :twisted:
by EyeYield
Mon Aug 21, 2017 11:16 am
Forum: Investing - Theory, News & General
Topic: Mike Piper and CDs
Replies: 54
Views: 7610

Re: Wade Pfau and CDs

[edited for clarity after OP corrected thread title - moderator prudent] From today's oblivious investor: "Still, if I were to make a change, I know exactly what it would be. I would swap out my bond funds for CDs. Allan Roth has convinced me that active management is worthwhile in fixed-income — v...
by EyeYield
Thu Aug 17, 2017 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 19042

Re: Lost $7000 today in ONE DAY!

Some perspective. The market has gone up about 120% over the past eight years. Today the S&P 500 was down 1.5%. Some further perspective. Almost 30 years ago I woke up to find my portfolio down 23%. That was my first exercise in portfolio discipline and since that time I've gotten a lot more exercis...
by EyeYield
Thu Aug 10, 2017 1:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6750
Views: 1466684

Re: U.S. stocks in freefall

The definition of "freefall" certainty has changed since this thread started.

Compare the percentage drop from the OP to what it is today.

Thinking that today's movement is an actionable event proves Mr Bogle was right in my quote below.
by EyeYield
Sat Jul 29, 2017 10:07 pm
Forum: Personal Consumer Issues
Topic: Medicare Plan F and Part D: Use a Broker or Not?
Replies: 19
Views: 1979

Re: Medicare Plan F and Part D: Use a Broker or Not?

See one of your state's SHIP counselors. They will help you navigate you Medicare Advantage/Supplement plan options free of charge with no hidden agenda. This. My SHIP counselor was very knowledgeable, being a retired doctor, and provided me with a list of the 27 insurance companies that sold Medig...
by EyeYield
Sat Jul 29, 2017 6:23 pm
Forum: Personal Consumer Issues
Topic: Medicare Plan F and Part D: Use a Broker or Not?
Replies: 19
Views: 1979

Re: Medicare Plan F and Part D: Use a Broker or Not?

See one of your state's SHIP counselors. They will help you navigate you Medicare Advantage/Supplement plan options free of charge with no hidden agenda. This. My SHIP counselor was very knowledgeable, being a retired doctor, and provided me with a list of the 27 insurance companies that sold Medig...
by EyeYield
Sat Jul 29, 2017 1:20 pm
Forum: Personal Consumer Issues
Topic: Medicare Plan F and Part D: Use a Broker or Not?
Replies: 19
Views: 1979

Re: Medicare Plan F and Part D: Use a Broker or Not?

See one of your state's SHIP counselors. They will help you navigate you Medicare Advantage/Supplement plan options free of charge with no hidden agenda. This. My SHIP counselor was very knowledgeable, being a retired doctor, and provided me with a list of the 27 insurance companies that sold Medig...
by EyeYield
Thu Jul 27, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Why are they beating S/P? What am I missing?
Replies: 72
Views: 5591

Re: Why are they beating S/P? What am I missing?

Sometimes beating the market happens. My Fidelity Trend Fund has beat the broader market for 60 years. http://quotes.morningstar.com/chart/fund/chart?t=FTRNX®ion=usa&culture=en_US&dataParams=%7B%22zoomKey%22%3A10%2C%22version%22%3A%22US%22%2C%22showNav%22%3Atrue%2C%22defaultShowName%22%3A%22name%...
by EyeYield
Tue Jul 25, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Money Market Account
Replies: 13
Views: 1164

Re: Money Market Account

You don't say if you have an account at a brokerage firm, but if you do you may not have to open a new account anywhere else. For example, if you have a Vanguard account they have a premium money market with a 7 day yield of 1.11% with a $3000 minimum. http://financials.morningstar.com/money-market/...
by EyeYield
Sun Jul 16, 2017 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Buying beach bungalow in San Diego for Winters
Replies: 55
Views: 5984

Re: Buying beach bungalow in San Diego for Winters

While potentially not applicable to your situation, because you have family to look after your property if you faced a situation where you couldn't for a long period of time, I think this is still interesting to consider. http://enewspaper.latimes.com/infinity/article_popover_share.aspx?guid=4244187...
by EyeYield
Fri Jul 14, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Estate planning to avoid probate
Replies: 16
Views: 2115

Re: Estate planning to avoid probate

Yes, it's very state dependent, check the statute for your state. You don't want to go through probate in California. In most states, lawyers charge by the hour or collect a flat fee for probate work. Not so in California. It’s one of only a few states that let lawyers charge a “statutory fee”—an am...
by EyeYield
Fri Jul 14, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 9415

Re: 90:10 AA - what don't you believe about it?

...I think more like John Bogle and stay on the conservative side and be happy when I have Enough. Am I betting against Warren Buffett. NO WAY! I am just doing what I know I can handle. Do you really think more like John Bogle? Bogle says to treat pensions and SS as equivalent to fixed income inves...
by EyeYield
Wed Jul 12, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 5421

Re: Coyote control

As I said, owners with free roaming cats must not really care about the ground nesting birds and songbirds. They like to think of their introduced species of a pet as "being free" and "doing what is natural" ... when in reality they (jointly) have created an ecological holocaust for our bird popula...
by EyeYield
Wed Jul 12, 2017 2:05 am
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 5421

Re: Coyote control

Is your cat free roaming? Is that legal where you live? My current cat is a feral (not a stray) that I rescued from the wilds of my immediate neighborhood. So I guess you can't be more free roaming than that. As far as legal matters are concerned, she has no rap sheet that I'm aware of. As I said, ...
by EyeYield
Tue Jul 11, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 5421

Re: Coyote control

Is your cat free roaming? Is that legal where you live? My current cat is a feral (not a stray) that I rescued from the wilds of my immediate neighborhood. So I guess you can't be more free roaming than that. As far as legal matters are concerned, she has no rap sheet that I'm aware of. As I said, ...
by EyeYield
Tue Jul 11, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 5421

Re: Coyote control

Is your cat free roaming? Is that legal where you live?
My current cat is a feral (not a stray) that I rescued from the wilds of my immediate neighborhood. So I guess you can't be more free roaming than that. As far as legal matters are concerned, she has no rap sheet that I'm aware of.
by EyeYield
Tue Jul 11, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: EE Bonds?
Replies: 44
Views: 2999

Re: EE Bonds?

Hello All - I randomly read up on I Bonds and EE Bonds this past year. I think I liked the EE Bonds more. Has ANYONE ever reaped the benefits of them? Buy 10k per year, hold for 20 years, let them double in value and get cash for that amount? Does that rule still exist? (the part where it doubles i...
by EyeYield
Mon Jul 10, 2017 8:07 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 5421

Re: Coyote control

Anywhere within 20 minutes from downtown LA it's illegal to shoot coyotes. This is a problem for all of us who live in this area. I've chased a single coyote around the block twice before it headed up the hill after it chased my previous feline years ago. Feline escaped. I remembered this story http...