Search found 355 matches

by Bruce
Thu Jan 12, 2012 12:34 am
Forum: Personal Consumer Issues
Topic: Sherlock - BBC series on Holmes set in 21st Century
Replies: 67
Views: 6765

Re: Sherlock - BBC series on Holmes set in 21st Century

Thanks for sharing this. Got on Netflix streaming to check it out, and the first episode was so good dear wife and I stayed up to watch the second episode.

Have not seen BBC TV this good since Foyle's War.

regards,
by Bruce
Thu Jan 12, 2012 12:19 am
Forum: Investing - Theory, News & General
Topic: Net Worth by Age [and plot]
Replies: 152
Views: 12161

Re: Net Worth by Age [and plot]

Great way to conduct a poll, the number of entries are running up quickly.

Might become as popular as the annual Bogleheads contest to guess the year end close of the S+P index.
by Bruce
Thu Jan 05, 2012 8:48 am
Forum: Personal Investments
Topic: Pension vs. 457 - ultimatum
Replies: 21
Views: 2631

Re: Pension vs. 457 - ultimatum

Projected annual pension payment in this plan would be $22k. Suggest you don't consider your projected future estimated annual withdrawal amount from an ever fluctuating bundle of assets in a 457 plan to be the same as your current vested defined benefit plan pension payment. A market drop at the w...
by Bruce
Sat Dec 24, 2011 9:36 am
Forum: Personal Consumer Issues
Topic: My Christmas present to the Bogleheads . .
Replies: 65
Views: 6485

Re: My Christmas present to the Bogleheads . .

Thank You Taylor, An amazing Christmas gift to share with us. Merry Christmas to you and Pat. All the best in the New Year. My Dad was a teenager in the US Army Air Corps during that time, but in the Pacific Theater. Wish he could have seen the WW2 Memorial on the National Mall, but in his memory my...
by Bruce
Sun Dec 18, 2011 8:50 am
Forum: Personal Consumer Issues
Topic: Costco Carpet
Replies: 12
Views: 6549

Re: Costco Carpet

Costco is a great company and offers quality products and service. But our experience last month getting multiple carpet bids was that Lowe's was significantly less expensive on the total finished job, then the local contractor we contacted through the in store Costco carpet "kiosk", when comparing ...
by Bruce
Sat Dec 17, 2011 11:36 am
Forum: Investing - Theory, News & General
Topic: Turbo Tax thru Vanguard for Flagship clients ?
Replies: 47
Views: 5581

Re: Turbo Tax thru Vanguard for Flagship clients ?

Tom Thanks for the tip. You are ahead of the info posted on the Vanguard tax center website this year, which only lists a link to the online version of Turbo Tax. I just down loaded the 2011 Turbo tax deluxe desktop version, also at no cost, using the VG Turbo Tax link. Takes you to the online produ...
by Bruce
Sun Sep 18, 2011 9:56 am
Forum: Personal Consumer Issues
Topic: Has anyone survived a bear attack?
Replies: 157
Views: 19280

http://www.alaskadispatch.com/article/are-guns-more-effective-pepper-spray-alaska-bear-attack?page=full Are guns more effective than pepper spray in Alaska Bear attacks? This article from a very experienced and now retired Alaska Fish and Game biologist has better info and insights on the topic the...
by Bruce
Wed Aug 24, 2011 8:03 am
Forum: Personal Finance (Not Investing)
Topic: A "different" paying off the mortgage question
Replies: 29
Views: 4207

Hugh Chou's excellant website has a very good set of financial calculators

http://www.hughchou.org/calc/

In particular, this one may help you decide on the answer to your scenario.

Prepay or Inveat

http://www.hughchou.org/calc/prepay_v_invest.cgi

regards
by Bruce
Sat Jul 23, 2011 1:15 am
Forum: Personal Finance (Not Investing)
Topic: Let's all move to Alaska!
Replies: 17
Views: 3091

The weather in Alaska is better this week then most of the rest of the US also!

Can't say that very often.

regards,
by Bruce
Sat Jul 02, 2011 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Pension buyout opportunity...what would you do?
Replies: 12
Views: 2271

Agree, the missing part of your analysis is the survivor benefit, and age and life expectancy of the beneficiary. More information is needed on that and if that is important to you or not, or will be in 10 or 20 years. If you take the lump sum today, you have something of immediate value that can be...
by Bruce
Sat Jul 02, 2011 8:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Financial Planning Software
Replies: 12
Views: 3020

Actually the Free plan service is available to Vanguard investors with $500,000 or more in Vanguard mutual funds and ETFs "Voyager Select Services offers special savings and sound advice to help you plan for continued success. A complimentary financial plan by a CFP professional from Vanguard that a...
by Bruce
Wed Jun 15, 2011 11:29 am
Forum: Investing - Theory, News & General
Topic: 2 old Bogleheads on a luxury yacht.
Replies: 54
Views: 7742

Petrocelli, your posts have been missed, good to have you back in the line up! Taylor and Marty, Thanks for sharing your day on the yacht with us. If you ever choose to boat your way up the inside passage on the Alaska Coast, I would be pleased to buy two honored vets an Alaska Amber Ale when you pu...
by Bruce
Tue Jun 14, 2011 8:31 am
Forum: Personal Investments
Topic: Purchase additional retirement service credit?
Replies: 6
Views: 8209

Samster, Welcome to the forum. You may wish to view some earlier discussion on the theme at this link. Purchasing Nonqualified Service Time [/b] http://www.bogleheads.org/forum/viewtopic.php?t=73256&start=0&postdays=0&postorder=asc&highlight= In your case the potential enhanced payoff of the pension...
by Bruce
Sun May 01, 2011 8:30 am
Forum: Personal Investments
Topic: Need Advice - Left Edward Jones for Vanguard
Replies: 33
Views: 5278

Your simpler portfolio will be easier to manage, and can be adjusted slowly as your bonds mature and the cash needs to be reinvested, and your savings grow. I think you are fine with the asset allocation selected for a planning starting point. Certainly better then where you are today. You have the ...
by Bruce
Fri Apr 29, 2011 11:49 am
Forum: Personal Consumer Issues
Topic: Quantifying charitable opportunities
Replies: 13
Views: 1512

Interesting analysis of the opportunities, except three of your top five problems list no good way an individual can make a difference. Here is one practical way an individual CAN support some of your top five http://malawichildrensvillage.org/about/ Malawi Children’s Village provides a continuum of...
by Bruce
Thu Apr 28, 2011 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Does your spouse know what to do?
Replies: 46
Views: 5902

http://news.morningstar.com/articlenet/article.aspx?id=295611 I thought this linked Christine Benz Morningstar article was quite good. Her main idea is make sure that your spouse would know how to handle the following issues if something were to happen to you. 1. Whom to Contact 2. Where to Find Ev...
by Bruce
Thu Apr 28, 2011 9:26 am
Forum: Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9174

Charlotte, I completed a Fidelity 401(k) rollover last year into an existing Vanguard traditional IRA. The process was easy and fairly fast. The Vanguard crew were quite knowledgeable and helpful in answering my questions and facilitating the details of the transfer. I would encourage you to ask the...
by Bruce
Wed Apr 27, 2011 1:53 pm
Forum: Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9174

http://www.analyzenow.com/Free%20Programs/free_programs.htm Charlotte, As long as you are enjoying the "great calculator at i-orp dot com", you may want to take a look at the free calculators available on Bud Hebeler's outstanding website, Analyze Now (link above). Bud retired as president of Boein...
by Bruce
Fri Apr 22, 2011 6:00 pm
Forum: Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9174

If you have not already read Jack Bogle's 1999 speech on Investing with Simplicity, it is well worth your time to review it as you make your plan. "To sum up this keynote talk on "Intelligent Investing," I've tried to show you both the value of simplicity as it is reflected in the fundamental princi...
by Bruce
Fri Apr 22, 2011 4:56 pm
Forum: Investing - Theory, News & General
Topic: "The House that Bogle Built" -- A Gem
Replies: 22
Views: 6077

Thanks Mel and Taylor

Just got my copy of The House that Bogle Built via fed ex ground today in Alaska from the Bogleheads post.

I look forward to reading it and posting a review.

I appreciate the opportunity.

best regards,
by Bruce
Fri Apr 22, 2011 3:48 pm
Forum: Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9174

Charlotte, You do not need to do anything on Monday. You are in a good position where you have time to make your plan and get comfortable with the decisions YOU want to make. I do agree with the post by femur that your need to take risk is rather low, and that should also factor into your decision m...
by Bruce
Fri Apr 22, 2011 3:16 pm
Forum: Investing - Theory, News & General
Topic: Anybody see the newsweek cover? Beached White Male
Replies: 11
Views: 2699

I thought it was an informative and well written article. It also shows the importance of having a PLAN B because you never really know when you find yourself unable to work again, for whatever reason. I was ready to give up on Newsweek, but under the new ownership and editor it has turned around an...
by Bruce
Fri Apr 22, 2011 2:44 pm
Forum: Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9174

in this case it is to your advantage to get most or all of your assets at Vanguard. You can also request index fund recommendations only (though I note you have the actively managed Vanguard healthcare fund in your IRA already). I found value in going through the Vanguard planning process, but also ...
by Bruce
Fri Apr 22, 2011 1:57 pm
Forum: Personal Investments
Topic: Total Stock Market fund vs. combination of funds
Replies: 5
Views: 2210

Well said Ofc. Metz.

There will always be some allocation that beats total stock market indexes in the short term, but over the long term the investor can only earn the market return less fees and expenses.

Pick the simple and low cost alternative.
by Bruce
Fri Apr 22, 2011 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Nonqualified Service Time
Replies: 21
Views: 5429

http://www.bogleheads.org/forum/viewtopic.php?t=69188 http://www.bogleheads.org/forum/viewtopic.php?t=70014 You may wish to view some earlier discussion on the theme at these links. In your case the potential enhanced payoff of the pension buyback may make the risk worth taking. But make sure you h...
by Bruce
Fri Apr 22, 2011 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Nonqualified Service Time
Replies: 21
Views: 5429

http://personal.fidelity.com/products/annuities/content/growth_and_income.shtml.cvsr Here is a useful information source for learning more about and comparing deferred annuity values. Again, your potential pension buyback looks like a superior alternative, IF THE PENSION SYSTEM IS FUNDED TO PAY THE...
by Bruce
Fri Apr 22, 2011 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Nonqualified Service Time
Replies: 21
Views: 5429

http://www.immediateannuities.com/ An easy way to examine this decision is to compare what it would cost to purchase an annuity that would pay the pension value you are considering buying. On the website link above you can enter your specific information and quickly determine a value of an immediat...
by Bruce
Fri Apr 22, 2011 12:56 am
Forum: Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9174

2011 income tax brackets for single filers $0 – $8,500; 10% of taxable income $8,500 – $34,500; $850 plus 15% of excess over $8,500 Since you have $20,400 in annual income from your pension and current SS payments, you should at least consider converting to a Roth IRA some amount, perhaps even up to...
by Bruce
Thu Apr 21, 2011 5:41 pm
Forum: Personal Investments
Topic: College funding for a 5 year old
Replies: 19
Views: 2329

It could be the simplest and easiest solution is to identify a 529 account the parents have already set up and just make annual contributions to that account. The rules governing "Account Ownership: In Whose Name to Save?" could easily change by the time the five year old is ready for college. In ge...
by Bruce
Thu Apr 21, 2011 5:05 pm
Forum: Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9174

http://www.charitablegift.org/index.shtml This link has more info on the charitable fund idea. It would make the most sense for you to look at using a charitable contribution of appreciated mutual fund shares (like your contra fund) as an offset against making a larger Roth IRA conversion which wou...
by Bruce
Thu Apr 21, 2011 4:45 pm
Forum: Personal Investments
Topic: Asset Allocation Question, revised and in the proper format!
Replies: 9
Views: 1497

Taxable 26.6% Total Stock Market Index Admiral VTSAX (0.07%) 11.0% Total Bond Market Index Admiral VBTLX (0.12%) His IRA at Vanguard 3.6% REIT Index Fund Admiral Shares VGSLX (0.13%) 3.6% Total International Stock Index Admiral VTIAX (0.2%) One easy adjustment to make is substitute your taxable Tot...
by Bruce
Thu Apr 21, 2011 1:28 pm
Forum: Personal Investments
Topic: Seeking Portfolio help: Retired, age 60. Thanks much!!
Replies: 64
Views: 9174

Charlotte, You have time to plan and make choices that work best for you. Having the number of different accounts spread across the different 401K plans complicates your choices. Even if you just decide to rollover one 401K account per year into an IRA at Vanguard, in four years you will have consol...
by Bruce
Thu Apr 21, 2011 6:51 am
Forum: Personal Investments
Topic: College funding for a 5 year old
Replies: 19
Views: 2329

"Custodial 529 college savings plans owned by a student, where the student is both the account owner and beneficiary, are reported as a parent asset if the child is a dependent student and a student asset if the student is an independent student." "Child assets are assessed at a rate of 20%. Parent ...
by Bruce
Thu Apr 21, 2011 6:15 am
Forum: Personal Investments
Topic: College funding for a 5 year old
Replies: 19
Views: 2329

Two state 529 plans to look at closely are The Vanguard 529 College Savings Plan. Sponsored by Nevada and open to any investor, the Vanguard 529 offers 3 age-based and 19 individual portfolios College Savings Iowa® 529 Plan. The Iowa plan has a low minimum investment of just $25 and a range of Vangu...
by Bruce
Tue Apr 19, 2011 12:46 am
Forum: Personal Consumer Issues
Topic: Alaska trip in mid Oct???help please
Replies: 19
Views: 2351

I would not totally rule out a winter visit, but both October and February will have different elements of winter to them and tourist activity is minimal. Fairbanks will be officially chilly then. One major Anchorage area set of activities in February to check out is Fur Rondy, which ends with the s...
by Bruce
Mon Apr 18, 2011 11:11 am
Forum: Personal Finance (Not Investing)
Topic: How should I protect my brand new SUV, security-wise?
Replies: 32
Views: 3559

Lock your car and take your keys with you when parked. (amazing how many car theft victims do not) Park under the illuminated area of a driveway light or exterior house light. If you do not have adequate exterior lighting on your house covering your driveway parking area, consider adding some. Encou...
by Bruce
Sat Apr 16, 2011 11:34 am
Forum: Personal Finance (Not Investing)
Topic: refinance or not?
Replies: 16
Views: 2518

Bruce, thank you, for the calculator. It is very helpful. Glad it was useful. Actually you can thank Hugh Chou for the calculator. He has an interesting website with much helpful info. http://www.hughchou.org/calc/ I looked at my banks posted rates this week and saw conventional 10 year fixed mortg...
by Bruce
Sat Apr 16, 2011 2:54 am
Forum: Personal Investments
Topic: Sell Tips before they mature on 4/15/2011?
Replies: 9
Views: 1563

# cruncher

Just wanted to commend your accuracy as your calculation of the maturity value was spot on.

The tips issue matured today and the account is now credited with a principal balance of $22,241.20.

THanks again for the help.

best regards
by Bruce
Fri Apr 15, 2011 7:48 am
Forum: Personal Finance (Not Investing)
Topic: refinance or not?
Replies: 16
Views: 2518

I have never had a sales phone call from someone with a financial interest in the deal that was ultimately in my best interest. You already have a good fixed interest rate. Run the numbers putting the new closing costs and higher monthly payment difference toward your existing mortgage instead, and ...
by Bruce
Fri Apr 15, 2011 7:28 am
Forum: Investing - Theory, News & General
Topic: Has Larry Swedroe been fair on American Funds?
Replies: 32
Views: 4991

American funds outperform in collecting ongoing 12B-1 fees enriching the sales person who sold them as long as they are held in someone else's portfolio. They may not be as bad as some load funds sold with an ongoing marketing load, but the drain on investing return continues each year you own them....
by Bruce
Wed Apr 13, 2011 12:09 pm
Forum: Investing - Theory, News & General
Topic: Motley Fool Interview
Replies: 76
Views: 24543

Taylor, Just now had a chance to read your wonderful interview when you posted the link to it in your reply to Mel's April 2011 book review offer. What a treat to rediscover your journey through the investing jungle to a simple way of investing. Thanks for sharing, and thanks for your service to our...
by Bruce
Tue Apr 12, 2011 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone have experience Checking/Banking with Fidelity
Replies: 27
Views: 8285

My Mom uses Fidelity for banking and is very pleased with it.

Good online service as well.

They even refund ATM fees charged by other banks not in their network, up to a certain limit.
by Bruce
Tue Apr 12, 2011 8:07 pm
Forum: Personal Consumer Issues
Topic: Murder Mystery Authors
Replies: 117
Views: 14958

Joseph Wambaugh has written some very good novels and some good non fiction works.

I enjoy his Hollywood Station series.

He has won an Edgar award from the mystery writers of America.
by Bruce
Fri Mar 18, 2011 12:58 am
Forum: Personal Investments
Topic: Sell Tips before they mature on 4/15/2011?
Replies: 9
Views: 1563

Thanks for all the help tludwig23 and the help and the great links #Cruncher!

The Choice is clear, let them mature.

Once again the Bogleheads prove to be a great source of useful information.

regards,
by Bruce
Thu Mar 17, 2011 5:41 pm
Forum: Personal Investments
Topic: Sell Tips before they mature on 4/15/2011?
Replies: 9
Views: 1563

Sell Tips before they mature on 4/15/2011?

My 83 year old Mom in her IRA has TIPS that will mature next month. She will simply use the money to reinvest in more TIPS of a longer maturity, or invest it in the Vanguard TIPS fund. What I am trying to figure out is there an advantage to selling at the current market price, versus what she can ex...
by Bruce
Sun Feb 27, 2011 6:22 pm
Forum: Personal Consumer Issues
Topic: Turbo Tax
Replies: 32
Views: 4844

Glad you found a fix,

I did not realize there was that difference between the downloaded version of TurboTax (got mine through the link on the Vanguard website) and the online version.
by Bruce
Sun Feb 27, 2011 12:59 pm
Forum: Personal Consumer Issues
Topic: Turbo Tax
Replies: 32
Views: 4844

Yes, look at the upper left of the turbo tax tool bar and you will see an icon for
"FORMS"

When you click on it it displays each form and worksheet used in your return.

You can click on the "easy step" icon in the upper left of the tool bar when you want to go back to the normal view.

regards
by Bruce
Fri Feb 25, 2011 8:28 am
Forum: Personal Finance (Not Investing)
Topic: How much disability insurance do I really need?
Replies: 18
Views: 2112

Recommend you consider diversity among insurers instead of just more coverage with one insurer. Give special consideration to their track record of actually paying on claims. My only experience with actually claiming disability coverage is a friend who was a surgeon until severely injured in a car a...
by Bruce
Thu Feb 24, 2011 3:51 pm
Forum: Investing - Theory, News & General
Topic: Does a 457b reduce SS benefit?
Replies: 20
Views: 6436

Glad to know I am not the only one confused by this terminology! Who would have thought that a year of earnings, and paying social security tax on those earnings, at a part time minimum wage job in high school or college would not later qualify as a year of "substantial earnings" when trying to figu...