Search found 7748 matches

by tibbitts
Sun Jul 29, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Air Conditioning? [How to finance?]
Replies: 76
Views: 4888

Re: Air Conditioning? [How to finance?]

You will probably get a wide variety of estimates and a good amount of cost might go into adapting space for the inside coil into your existing gas furnace installation. The difficulty might vary considerably depending on what you already have.
by tibbitts
Sun Jul 29, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13267

Re: Should I Dump a Pile of Money on Young Son?

Many thanks to everyone who posted. The postings certainly show that this is not a clear-cut matter. It really helps though to get a lot of ideas and opinions and I have already begun to absorb them into my thinking and actions. Had a meaningful conversation about all of this with son yesterday whi...
by tibbitts
Sun Jul 29, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Is the 4% rule/ index funds flawed?
Replies: 31
Views: 4402

Re: Is the 4% rule/ index funds flawed?

The 4% rule is a CONSERVATIVE guide post. Lots of people on this board like to think it won't work going forward. Our port is 40% global equities and 60% in USD denominated investment grade bonds and cash. Our term is 35 years. We will receive a state pension at age 65 (in four years). Our SWR is e...
by tibbitts
Sat Jul 28, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Old Employer Bought Out, New Employer Not Honoring Existing Contract
Replies: 20
Views: 2550

Re: Old Employer Bought Out, New Employer Not Honoring Existing Contract

Assume one has been receiving an Annual Raise as formally documented in an existing contract with their employer. The employer has subsequently been bought out by a different company. No new contract was signed with the new company. At the new year, the new company states they will not pay the Annu...
by tibbitts
Sat Jul 28, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Declining Years
Replies: 22
Views: 4687

Re: Declining Years

I'm 66, married with no kids. Stopped working 2 years ago with enough assets for a reasonably comfortable retirement. Always been a DIY investor & long-time Boglehead. So far, so good. However, time will eventually take it's toll. Is anyone else concerned about decline in the capacity for good fina...
by tibbitts
Sat Jul 28, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime MM (VMMXX) Tax Efficiency?
Replies: 5
Views: 698

Re: Vanguard Prime MM (VMMXX) Tax Efficiency?

Every year Prime shows up on the list of funds with income from U.S. treasury securities, it seems like the percentage is usually in the 20-something range if I recall, but I could be wrong.
by tibbitts
Sat Jul 28, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Updating wills - when do they need to be more complicated?
Replies: 13
Views: 1180

Re: Updating wills - when do they need to be more complicated?

I (think) people are suggesting a will that creates a trust, not necessarily creating and funding a trust now
by tibbitts
Sat Jul 28, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: If Vanguard has 388 funds why should I stick with a 3 fund portfolio?
Replies: 15
Views: 2442

Re: If Vanguard has 388 funds why should I stick with a 3 fund portfolio?

Remember that vanguard was in business for many years before there was such a thing as an index fund. I believe this to be incorrect Correct--Vanguard was associated with the Wellington Management Company, yet Vanguard's first fund was its S&P 500 fund. I don't believe that's correct either. I beli...
by tibbitts
Sat Jul 28, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: 64 yrs old should I get into the stock market
Replies: 12
Views: 2006

Re: 64 yrs old should I get into the stock market

and what do you think of their gold shares fund
Name of the fund, please. We need to know so everyone can pile on and say it's a horrible investment - it's less fun to bash a nameless fund.
by tibbitts
Sat Jul 28, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard rate of return
Replies: 16
Views: 1673

Re: vanguard rate of return

Hi all! I made a decision at the end of 2017 to transfer all my funds to Vanguard. I have a personal advisor. My asset mix is Stocks 60% and Bonds 40% I have a major concern because at the end of the second quarter my YTD Rate of Return was .3%!!! As of today it is 2%. I spoke to my advisor and she...
by tibbitts
Sat Jul 28, 2018 1:25 pm
Forum: Personal Consumer Issues
Topic: Sub-500 laptop *brand* suggestions
Replies: 19
Views: 1855

Re: Sub-500 laptop *brand* suggestions

There's been dramatic inflation in PC prices over the last couple of years. I got lucky in buying a used PC, but quality of used PCs varies, even from the same supplier.
by tibbitts
Sat Jul 28, 2018 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion questions
Replies: 17
Views: 1495

Re: Roth conversion questions

I am retiring this year at 66yo. I have thought about doing Roth conversions for next 4 years before RMD’s. If I could convert $60,000/year without getting bumped into hire tax bracket, that is only $240,000. If I have one million now in my account at the end of four years, it’s only reduced to $76...
by tibbitts
Sat Jul 28, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: VG Prime MM on online account
Replies: 10
Views: 1476

Re: VG Prime MM on online account

Slightly off topic, but I learned recently while on the phone with Vanguard that money transferred into the Prime MM mid month does not "earn any interest" until the last day of the month when the dividend is paid. Contrast this with the Federal MM which AFAIK credits you with "interest" figured da...
by tibbitts
Sat Jul 28, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Tiny pension fund - Can I transfer to Vanguard
Replies: 9
Views: 865

Re: Tiny pension fund - Can I transfer to Vanguard

People here talk about rolling over pensions to IRA. Whether you can do that with your pension may depend on your pension. You need to ask them. But one thing is confusing. First you say it is vested and then you say you want to keep it in the same funds until it is vested. I doubt (but don't know)...
by tibbitts
Sat Jul 28, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Regret Public School?
Replies: 75
Views: 5459

Re: Regret Public School?

I live in an area where public schools are awful, and private schools are rather “affordable.” My family and I decided to move to a suburb outside of town to be in a better school district, but still go back and forth on what is the better option. In my experience, I actually meet a ton of older pe...
by tibbitts
Sat Jul 28, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Moral dilemma - What would you do?
Replies: 54
Views: 5580

Re: Moral dilemma - What would you do?

Hi, DH is in a moral dilemma. He recently joined a new company (after being laid off last year) at a fairly senior position. The company executives are asking him to sell a big deal(upwards of 25 million) which isn't the best solution for the client. They are asking him to propose the deal that is ...
by tibbitts
Sat Jul 28, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Investing with a Developer
Replies: 48
Views: 3541

Re: Investing with a Developer

So basically the developer is making a bulk sale of properties and shifting the risk to you in a scheme with lots of moving parts, any one of which could break down and wreck the whole thing. Since you are asking about this on Bogleheads, I assume you have zero experience in doing this. It would be...
by tibbitts
Sat Jul 28, 2018 7:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 61
Views: 5498

Re: Vanguard Precious Metals and Mining Fund is changing

I owned a small amount of the fund for many years, but haven't owned it for several years now. It seemed like there was just something off with the fund - nothing the managers did seemed to ever work, even considering its objective, which did change somewhat in previous years, I believe. So I think...
by tibbitts
Fri Jul 27, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Is the 4% rule/ index funds flawed?
Replies: 31
Views: 4402

Re: Is the 4% rule/ index funds flawed?

The 4% rule is a CONSERVATIVE guide post. Lots of people on this board like to think it won't work going forward. Our port is 40% global equities and 60% in USD denominated investment grade bonds and cash. Our term is 35 years. We will receive a state pension at age 65 (in four years). Our SWR is e...
by tibbitts
Fri Jul 27, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 11205

Re: Security code [Vanguard website access]

Unlike many 2-factor solutions, Vanguard doesn't disallow Google Voice numbers, so you don't need a second device (besides your computer.) It would be nice to have a direct email option, however.
by tibbitts
Fri Jul 27, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 61
Views: 5498

Re: Vanguard Precious Metals and Mining Fund is changing

I owned a small amount of the fund for many years, but haven't owned it for several years now. It seemed like there was just something off with the fund - nothing the managers did seemed to ever work, even considering its objective, which did change somewhat in previous years, I believe. So I think ...
by tibbitts
Fri Jul 27, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: How to negotiate bills from hospital?
Replies: 22
Views: 1795

Re: How to negotiate bills from hospital?

usually if you wait like 6 months and don't pay they will send it to collections and collections will normally take like 50-75% of the balance and called it closed. It may hurt your credit, but maybe that isn't an issue. It's getting more difficult for "medical debt" to hurt one's credit. Increasin...
by tibbitts
Thu Jul 26, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2892

Re: The stock that got away

How do you folks keep from loosing your mind when you miss the boat on a stock? I was Extremely heavy on company stock. Super dangerous entering FIRE. I sold in May and the stock has run up 16% as of today. I left mid six figures on the table :oops: Now I am fully diversified in Vanguard index fund...
by tibbitts
Thu Jul 26, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: FCA stock drops 15% following Marchionne's death: another argument against market cap weighting?
Replies: 45
Views: 3626

Re: FCA stock drops 15% following Marchionne's death: another argument against market cap weighting?

Isn't it a bit of a mystery why a stock would drop 15% suddenly, days after he had resigned, and it was more or less widely known he was very close to the end of his life? I would have made more sense earlier in the week, no?
by tibbitts
Thu Jul 26, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: Heresy: is using a SP500 index still a valid strategy ?
Replies: 28
Views: 4550

Re: Heresy: is using a SP500 index still a valid strategy ?

How can a 3-Fund Portfolio investment strategy using a SP500 index fund ( VINIX) still be valid with only ten companies (FAANGS) dominating market earnings? I'm not sure the situation today is as atypical as you believe, but your response wasn't to buy the rest of the domestic equity market (or eve...
by tibbitts
Wed Jul 25, 2018 11:44 pm
Forum: Investing - Theory, News & General
Topic: Any reason to hold junk bond fund?
Replies: 50
Views: 4353

Re: Any reason to hold junk bond fund?

I don't agree with most of the posts because here we are in a time when many people are grasping at straws hoping to find alternatives to low-yielding conventional bonds. So you have things like emerging market bond funds, HY and HY short-term, Floating Rate funds, and even HY stocks showing up in p...
by tibbitts
Wed Jul 25, 2018 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Executor/Inheritance Advice for a 25 Year old
Replies: 10
Views: 1309

Re: Executor/Inheritance Advise for a 25 Year old

My father recently passed away and I will be inheriting many different assets including taxable mutual fund accounts, IRA's, Farm land, Farm equipment & S Corp account. My dad also had accounts with certain companies (Electric/Chemical/Farm equipment) that have large credits on them (electric has 2...
by tibbitts
Wed Jul 25, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: S&P up 16 points in 15 minutes today
Replies: 10
Views: 1558

Re: S&P up 16 points in 15 minutes today

Keepcalm wrote:
Wed Jul 25, 2018 4:50 pm
check out 3:35->3:50 time frame

break out the bubbly!!!!! :twisted:

[OT comment removed by admin LadyGeek]
I don't understand the point of this post. Are you saying that's good? Bad? Just interesting? You must be aware that far larger moves have occurred in less time, even fairly recently.
by tibbitts
Wed Jul 25, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: If financial markets shut down, temporarily...
Replies: 42
Views: 3017

Re: If financial markets shut down, temporarily...

psteinx, (History Lesson)...If you were to look at old price charts say 1928-1932. The people who could hang on & (buy) at the bottom (after a crash) did very, very good. I would be looking to buy the market, not buying guns, ammo or can goods. The real question is: how can you make money in a bad ...
by tibbitts
Mon Jul 23, 2018 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Passing the second SSA Bend Point - Reversible?
Replies: 53
Views: 4766

Re: Passing the second SSA Bend Point - Reversible?

For the sake of argument, I believe it also depends on how much per/YEAR For instance, if I earn 3 million dollars in one year and nothing for the next 34 years, are my benefits the same as if I earn 3 million dollars spread over that 35 years? Yes, it matters, because of the SS ceiling. The amount...
by tibbitts
Sun Jul 22, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: My meeting with the Vanguard PAS [Personal Advisor Services]
Replies: 23
Views: 3317

Re: My meeting with the Vanduard PAS

I think trying to work your numbers to last till 100 is way too conservative. Most retirees net worth have increased as they have got older and many of them were retired during the great recession. All of my older uncles and aunts in their 90s don't even spend their ssi and pension income, not to e...
by tibbitts
Sun Jul 22, 2018 9:30 pm
Forum: Investing - Theory, News & General
Topic: Does "Time in the Market" Heal All Portfolio Wounds?
Replies: 57
Views: 5659

Re: Does "Time in the Market" Heal All Portfolio Wounds?

Simple Gift, By the way...I like how you think :) Being a young guy (24 years old) I do not expect to take any long term losses (I have the time to wait it out). Now, the portfolio might take a short term paper loss. But over the course of 50 to 70 years I think my portfolio will do extremely good....
by tibbitts
Sun Jul 22, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Location Independent (Nomad) Will
Replies: 20
Views: 1487

Re: Location Independent (Nomad) Living Will

I'm trying to find information on how to best create a living will when I plan to be location independent. Pretty much everything I've found is information specific to a state. I'm 55 years currently in TX and plan to retire overseas in about a year. Once retired, I only plan to return to the US on...
by tibbitts
Sun Jul 22, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor
Replies: 25
Views: 2540

Re: Vanguard Advisor

Vanguard doesn't "make more" off a $300K vs $200K account. Vanguard provides its services at cost to its clients, so it's not making a profit at all on its funds whether you invest $3K or $300K. PAS is a separate service from the mutual funds, for which Vanguard charges 0.3%. I don't see any indica...
by tibbitts
Sun Jul 22, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4563

Re: Real salary growth negative?

This isn't specific to public sector by any means - it's just a new reality that people have to become accustomed to. It doesn't impact a lot of Bogleheads, who for the most part are either old and therefore had their increasing real salary years, or are very good at what they do - and the most skil...
by tibbitts
Sun Jul 22, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4563

Re: Real salary growth negative?

I work in the public sector and received a $750/yr pay raise this year, the first nominal increase in five years. No COLA, not during employment or in the pension. Everybody just assumes they'll earn less every year (same nominal, less real.) That's a big change I've seen in my almost 40 year career...
by tibbitts
Sat Jul 21, 2018 9:27 pm
Forum: Investing - Theory, News & General
Topic: Has Vanguard.com ever gone down for an extended period?
Replies: 4
Views: 700

Re: Has Vanguard.com ever gone down for an extended period?

I didn't think Vanguard offered actual bank services. So I don't know about that platform, but the brokerage and fund platforms have had their issues from time to time, but you also have to consider the possibility of a very widespread and prolonged internet outage, which seems like a much bigger co...
by tibbitts
Sat Jul 21, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: At what level of wealth should you start setting up a Trust?
Replies: 14
Views: 2199

Re: At what level of wealth should you start setting up a Trust?

I set mine up with an estate planning attorney when I had my second kid. That also corresponded with a significant increase in income. Not sure it's just for wealth however. It's also useful for asset protection in some cases. You also need to have the disposable income to pay for an attorney (and ...
by tibbitts
Sat Jul 21, 2018 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: $1200 AC fix on a 2007 Civic
Replies: 22
Views: 1647

Re: $1200 AC fix on a 2007 Civic

retire14 wrote:
Sat Jul 21, 2018 4:27 pm
I bought a compressor at a junk yard for my 2003 MDX and paid $285 to have it put in. Works well so far!
How did you know the compressor was operational when you bought it? The labor would be non-refundable regardless of whether the compressor worked or not.
by tibbitts
Sat Jul 21, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: At what level of wealth should you start setting up a Trust?
Replies: 14
Views: 2199

Re: At what level of wealth should you start setting up a Trust?

At what level of wealth should you start setting up a Trust? I would say you would start investigating that at least when estate tax becomes an issue. At lower wealth you might still need one depending on how much control you need/want, for example with minor children. I'm not an expert but to some...
by tibbitts
Sat Jul 21, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 11205

Re: New Vanguard Security Code Requirement

I used to do some computing at a site that required a USB dongle. Very inconvenient if you want to get some work done at home, but you left your dongle at work. As the crypto exchanges showed us during the mania in late 2017 having those usb dongles for 2FA, would have saved many of their customers...
by tibbitts
Sat Jul 21, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 11205

Re: New Vanguard Security Code Requirement

Developers don't have to be security experts to get the security engineering right. The "remember my machine" feature after 2FA violates a fundamental principle of security, the Principle of Least Privilege, which posits that one should always use or favor configurations with the least privileges o...
by tibbitts
Sat Jul 21, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: TIAA - Full POA *not* enough for all tasks any more - need "Guardianship" ??
Replies: 29
Views: 1989

Re: TIAA - Full POA *not* enough for all tasks any more - need "Guardianship" ??

Well, this is discouraging. What if the situation involved a durable financial power of attorney? In the next year or three, I'll be considering where to move some 401k and 403b monies. I have a very favorable 403b TIAA contract with TIAA, and if I could, I would probably choose to add it to my TIA...
by tibbitts
Sat Jul 21, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: TIAA - Full POA *not* enough for all tasks any more - need "Guardianship" ??
Replies: 29
Views: 1989

Re: TIAA - Full POA *not* enough for all tasks any more - need "Guardianship" ??

This is a valid point because sometimes you lose website access (not necessarily to TIAA, I'm thinking about a pension plan that I recently lost web access to) through no fault of your own (not a result of losing passwords, etc.)n Luckily I think for the most part getting the sex correct on the phon...
by tibbitts
Fri Jul 20, 2018 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction
Replies: 40
Views: 6293

Re: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction

Does anyone worry about security of having 90% of net worth in Vanguard? Having money all in Chase feels a bit safer for some reason
Well, as far as I know Chase is the custodian for Vanguard funds, and therefore is actually responsible for the funds' assets.
by tibbitts
Fri Jul 20, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13267

Re: Should I Dump a Pile of Money on Young Son?

The OP just needs to say roughly how much money he has so the replies can be more targeted. Estate tax? Sure, maybe a problem for me too after a couple decades of 30% annual returns. Maybe that's what the OP is assuming. Being "set" means different things to different people. In any case I don't see...
by tibbitts
Fri Jul 20, 2018 7:47 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7082

Re: How do you handle the urge to DO something?

I'm still not seeing the issue with daily market activity. For example, although I don't do this myself, there's nothing wrong with daily rebalancing - it's definitely not doing "nothing." People argue momentum but you can pick your favorite algorithm to deal with that and still end up rebalancing d...
by tibbitts
Thu Jul 19, 2018 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: International Allocation and Underperformance vs US
Replies: 15
Views: 917

Re: International Allocation and Underperformance vs US

What do you all think of the underperformance of International vs US? Certainly there were periods of International outperformance, but by and large, US TSM and S&P 500 has outperformed International over very large periods of time. I did my last IPS in 2013 to have 40% International and 60% Domest...
by tibbitts
Thu Jul 19, 2018 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: International Allocation and Underperformance vs US
Replies: 15
Views: 917

Re: International Allocation and Underperformance vs US

What do you all think of the underperformance of International vs US? Certainly there were periods of International outperformance, but by and large, US TSM and S&P 500 has outperformed International over very large periods of time. I did my last IPS in 2013 to have 40% International and 60% Domest...