Great response and thanks to all that donated so far.
Dan
Search found 2288 matches
- Sun Jan 01, 2023 4:01 pm
- Forum: Forum Issues and Administration
- Topic: Time to thank those that keep this Forum going.
- Replies: 27
- Views: 8506
- Thu Dec 29, 2022 2:07 pm
- Forum: Forum Issues and Administration
- Topic: Time to thank those that keep this Forum going.
- Replies: 27
- Views: 8506
Re: Time to thank those that keep this Forum going.
Bump this for more exposure and hopefully donations!!! Feel free to move this
to personal investing for more exposure.
Dan
to personal investing for more exposure.
Dan
- Thu Dec 29, 2022 11:13 am
- Forum: Forum Issues and Administration
- Topic: Time to thank those that keep this Forum going.
- Replies: 27
- Views: 8506
Time to thank those that keep this Forum going.
It is the time of year to give thanks(and money) to those that keep this forum up to date. I would not be anywhere close to the success in investing I have experienced without the great input from posters here. I realize it takes time to keep this forum running smoothly and I wanted to thank the people behind the scene. There are too many to name, but I appreciate all of you. My contribution today is a reminder to others that there is no charge for the great experience and information received here.
You donated $75.00 USD to paypal@gostynska.com
Thank you for using PayPal
If you feel the same way, there is a link at the top of the forum for "Support this site".
Dan
You donated $75.00 USD to paypal@gostynska.com
Thank you for using PayPal
If you feel the same way, there is a link at the top of the forum for "Support this site".
Dan
- Wed Dec 28, 2022 7:39 pm
- Forum: Personal Finance (Not Investing)
- Topic: Tax Software
- Replies: 78
- Views: 7640
Re: Tax Software
I use taxSlayer as it is the one I use as a VITA tax volunteer. It is easy to use for me. I do my own taxes and get my information from Vanguard, Fidelity, and 3 Banks. I do not know of one that holds all the information and does the taxes in one operation. Dan I've been training to be an AARP tax aide and they say Taxslayer does not calculate the taxable part of pensions correctly and have us use a workaround. Do you guys do that too? That is correct for Illinois- Social Security is not taxable and Taxslayer removes it from the Illinois return. You have to deduct the pensions(not taxable in Illinois) other than D code in box 7 as it is taxable in Illinois. Annuities are mostly the ones where a separate calculation has to be done for the f...
- Sat Dec 10, 2022 7:37 am
- Forum: Personal Investments
- Topic: Do You Diversify Bond Portion of Three-Fund Portfolio? (Bond Health Check)
- Replies: 21
- Views: 1593
Re: Do You Diversify Bond Portion of Three-Fund Portfolio? (Bond Health Check)
My SS and pension cover 100% of my budget at this time. I use a blend of VBTLX(total bond) and VBILX(intermediate bond index) for my 40-50% in bonds. I may shorten the duration in a couple years at 70 in anticipation of RMDS starting. My tax deferred account is 85% bonds at this time.
I think your allocation for fixed income is as good as any.
Best to you,
Dan
I think your allocation for fixed income is as good as any.
Best to you,
Dan
- Mon Dec 05, 2022 9:35 am
- Forum: Personal Finance (Not Investing)
- Topic: Estimating 2022 Income and Tax Planning
- Replies: 31
- Views: 3127
Re: Estimating 2022 Income and Tax Planning
A Roth conversion would change your Magi as you can't do a Roth conversion with your RMD.LifeIsGood wrote: ↑Mon Dec 05, 2022 8:13 am A Roth conversion wouldn’t change my MAGI but I could tweak how much of my IRA RMD would go to a QCD.
I’ve made sufficient estimated tax payments to satisy safe harbor requirements.
sycamore wrote: ↑Mon Dec 05, 2022 7:32 amI guess you mean taking a QCD instead of a withdrawal to yourself or a Roth conversion?LifeIsGood wrote: ↑Mon Dec 05, 2022 6:18 am I haven't made my QCD yet. Last year I could have increased my QCD by $3K and saved $6K in IRMAA charges !
- Sun Nov 27, 2022 10:12 am
- Forum: Personal Investments
- Topic: Not Reinvest Dividends In Taxable as a Source of Cash?
- Replies: 27
- Views: 2674
Re: Not Reinvest Dividends In Taxable as a Source of Cash?
Same here, that is the only income I am taking from any accounts(taxable/TIRA, Roth). The tax is already being paid solivesoft wrote: ↑Sat Nov 26, 2022 2:36 pm We are retired and we have our taxable account dividends sent to our checking account to pay expenses. We do not reinvest those dividends.
OTOH, the dividends show up only four times a year near the end of every calendar quarter (March, June, September, and December), so that's not enough to pay all our expenses throughout the year.
I have it sent to my regular checking account 4 times a year. I need to spend more, but the dividends, SS check, and pension
pay all of my bills. That will change soon with a new house being built in Tennessee this spring.
- Wed Nov 23, 2022 8:49 am
- Forum: Personal Finance (Not Investing)
- Topic: Question about step-up in basis upon death of first spouse
- Replies: 20
- Views: 1586
Re: Question about step-up in basis upon death of first spouse
05/13/2019 1,125.9150 $61.64 $69,395.77 $109,720.42
—
+$40,324.65
+$40,324.65
+58.11%
The shares in this lot have been adjusted due to inheritance.
05/13/2019 493.2090 $65.91 $32,507.37 $48,063.22
—
+$15,555.85
+$15,555.85
+47.85%
It appears like this in my cost basis.
—
+$40,324.65
+$40,324.65
+58.11%
The shares in this lot have been adjusted due to inheritance.
05/13/2019 493.2090 $65.91 $32,507.37 $48,063.22
—
+$15,555.85
+$15,555.85
+47.85%
It appears like this in my cost basis.
- Wed Nov 23, 2022 8:45 am
- Forum: Personal Finance (Not Investing)
- Topic: Question about step-up in basis upon death of first spouse
- Replies: 20
- Views: 1586
Re: Question about step-up in basis upon death of first spouse
At Vanguard they all got a 50% step up in basis. It was easy to get this accomplished by phone with the Vanguard Rep Dan Dan, does this show up on any paperwork from Vanguard, and online in your account? How about on your statements? Yes it actually changes the cost basis on 50% of each fund in a joint taxable account. Yes it shows the new reduced cost basis and the lots are actually spit into 2 lots with the same reduced cost basis. It shows online as that is the only way I see the statements. Dan Regarding the "reduced" highlighted above... Wouldn't the new cost basis would be increased (stepped up), not reduced? Yes you are correct, I used the wrong term. The cost basis is increased to reflect the new cost basis. Cap gains wou...
- Tue Nov 22, 2022 9:55 pm
- Forum: Personal Finance (Not Investing)
- Topic: Question about step-up in basis upon death of first spouse
- Replies: 20
- Views: 1586
Re: Question about step-up in basis upon death of first spouse
- Tue Nov 22, 2022 9:54 pm
- Forum: Personal Finance (Not Investing)
- Topic: Question about step-up in basis upon death of first spouse
- Replies: 20
- Views: 1586
Re: Question about step-up in basis upon death of first spouse
Yes it actually changes the cost basis on 50% of each fund in a joint taxable account. Yes it shows the new reduced cost
basis and the lots are actually spit into 2 lots with the same reduced cost basis. It shows online as that is the only way
I see the statements.
Dan
- Tue Nov 22, 2022 8:13 pm
- Forum: Personal Finance (Not Investing)
- Topic: Question about step-up in basis upon death of first spouse
- Replies: 20
- Views: 1586
Re: Question about step-up in basis upon death of first spouse
At Vanguard they all got a 50% step up in basis. It was easy to get this accomplished by phone with the Vanguard Rep
Dan
Dan
- Sun Nov 20, 2022 10:54 am
- Forum: Personal Finance (Not Investing)
- Topic: Gifts below annual exclusion limit / taxes
- Replies: 2
- Views: 300
Re: Gifts below annual exclusion limit / taxes
You are correct, no reporting requirements under the gift exclusion limit. I would label this as gift in the payment so it would not be construed as a loan or purchase.
- Thu Nov 17, 2022 10:00 pm
- Forum: Personal Investments
- Topic: Portfolio for my Surviving Spouse
- Replies: 4
- Views: 776
Re: Portfolio for my Surviving Spouse
I agree your plan looks solid, but maybe look to make a move to a condo/villa in the same development as part of the plan if feasible. A house may be more than she wants to handle with outside maintenance/yard. A condo with outside maintenance included would be a blessing at some point. I hope your plans take years to be needed, but I don't blame you for thinking ahead.
Good luck to you,
Dan
Good luck to you,
Dan
- Thu Nov 17, 2022 9:51 pm
- Forum: Personal Investments
- Topic: Which funds do YOU have in your taxable account?
- Replies: 138
- Views: 18412
Re: Which funds do YOU have in your taxable account?
Taxable account holds VTSAX(total us stock market) and VEXEX(Vanguard Extended Market Index Fund Admiral Share) and 72K in the settlement fund for a house purchase in May 2023. The rest of the house purchase money is in High Yield savings paying about the same as the settlement fund.
- Mon Nov 14, 2022 8:53 am
- Forum: Investing - Theory, News & General
- Topic: What purpose do annuities serve?
- Replies: 60
- Views: 5242
Re: What purpose do annuities serve?
That makes sense. I just wanted to clarify for those that read it differently.bsteiner wrote: ↑Mon Nov 14, 2022 8:29 amI meant the dividends you would have received if you had invested some or all of the money in stocks instead of buying the annuity.dwickenh wrote: ↑Sun Nov 13, 2022 10:18 pmYou don't get the dividends!! There is so much wrong with the fixed indexed annuity that the few benefits are outweighed be the terrible returns and the endless fine print. That's why the salesman gets 6-8% commission to talk you into these things.
Best to you,
Dan
- Sun Nov 13, 2022 10:18 pm
- Forum: Investing - Theory, News & General
- Topic: What purpose do annuities serve?
- Replies: 60
- Views: 5242
Re: What purpose do annuities serve?
You don't get the dividends!! There is so much wrong with the fixed indexed annuity that the few benefits are outweighed be the terrible returns and the endless fine print. That's why the salesman gets 6-8% commission to talk you into these things.
- Sat Nov 12, 2022 10:09 am
- Forum: Investing - Theory, News & General
- Topic: What purpose do annuities serve?
- Replies: 60
- Views: 5242
Re: What purpose do annuities serve?
The 14.5 cap is also likely restricted by a participation rate of 10-50% that applies before the cap. the month to month cap restricts gains to 1% a month, but allows all of monthly losses to reduce gains. SO's fixed indexed annuities averaged 2.6 % for the years 2014-2021. 10 year government Bonds would have done better. Everything involved is tilted to the benefit of the insurance company.
- Sat Nov 12, 2022 9:59 am
- Forum: Investing - Theory, News & General
- Topic: What purpose do annuities serve?
- Replies: 60
- Views: 5242
Re: What purpose do annuities serve?
It protects against living longer than your money lasts. Dying early(mortality credits) is what supplies the funds for those that live much longer. If you know the age of your death, it would be easy......
Dan
Dan
- Sat Nov 12, 2022 9:53 am
- Forum: Investing - Theory, News & General
- Topic: What purpose do annuities serve?
- Replies: 60
- Views: 5242
Re: What purpose do annuities serve?
Most people don't understand annuities, even after they own them. SPIA is a single premium immediate annuity. You give an insurance company an amount of money and they give it back to you with some interest over your lifetime. If you die, they keep the money unless you pay extra for a refund of premium. Fixed indexed annuities are high expense, low return products that are meant to make great profits for the agents selling them. I have studied the fixed indexed annuity due to my SO having 2 of these with over 7 figures invested. We are slowly trying to unwind them as the penalty phase expires. Lack of liquidity is a major problem. Limited retirement funds may make a SPIA(no fees) a good choice for some people. The MYGA(multi year guaranteed...
- Sat Nov 12, 2022 9:37 am
- Forum: Investing - Theory, News & General
- Topic: My experience with finding my ideal risk tolerance band
- Replies: 8
- Views: 821
Re: My experience with finding my ideal risk tolerance band
I like 50/50 for allocation so half the time I wish I had more equities, half the time less equities. This year has been weird with both losing value. I have not adjusted allocation other than re-balancing. You just need to find one you can stick with not matter what the market gives you. The best allocation is one that you can stick with through all swings in the market. Adjusting based on emotions is a guarantee to lose or under perform.
Best of luck to you,
Dan
Best of luck to you,
Dan
- Sat Nov 12, 2022 9:29 am
- Forum: Personal Finance (Not Investing)
- Topic: Ally Online Savings/Money Market Rate Increases
- Replies: 745
- Views: 124442
Re: Ally Online Savings Rate Increase
Bask Bank is currently 3.60 interest rate for apy of 3.65. I've had my house money(300K) there since March 2022. They seem to increase rates before anyone else. There are some stipulations to work around. 100,000 limit per month going into the account unless you do it by phone with a rep. No problem taking it out and sending it to my Vanguard acct. I've never had an Ally account, but i'm sure they are fine.
- Sun Oct 30, 2022 9:47 am
- Forum: Personal Consumer Issues
- Topic: Acadia National Park vacation questions
- Replies: 13
- Views: 1514
Re: Acadia National Park vacation questions
We did a September visit and it was great weather. Make sure you visit the Jordan's Pond restaurant and have the Popovers for dessert. Great place to eat and good scenery there as well.
Dan
Dan
- Sun Oct 30, 2022 9:44 am
- Forum: Personal Investments
- Topic: Help with new TSP Contribution Limits
- Replies: 6
- Views: 905
Re: Help with new TSP Contribution Limits
A boglehead here has a website and information that might be informative for you.
https://tspcounselor.com/
https://tspcounselor.com/
- Sun Oct 30, 2022 9:40 am
- Forum: Personal Investments
- Topic: Did my broker [cheat] Grandma?
- Replies: 87
- Views: 13505
Re: Did my broker [cheat] Grandma?
Agreed, they might as well just kick the cane out from under her too. It makes me sick to see this when I'm doing their taxes as a Taxaide.
Dan
- Sun Oct 30, 2022 9:36 am
- Forum: Investing - Theory, News & General
- Topic: Dividend Stocks: Port in a Storm?
- Replies: 433
- Views: 42697
Re: Rob Berger on Dividends.
I agree he has it made, and I do enjoy Rob Berger's youtube videos as well.chris319 wrote: ↑Sun Oct 30, 2022 9:16 amIt sounds like you've got it made.Wellesley and Wellington make up 41% of my portfolio, my expenses are low, and in significantly below average market scenarios their distributions very nicely cover my expenses, net of Social Security.
I don't know why you're paying any mind to Rob Berger's video much less discussing it here.
Dan
- Sun Oct 30, 2022 9:34 am
- Forum: Personal Finance (Not Investing)
- Topic: Tax Software
- Replies: 78
- Views: 7640
Re: Tax Software
I use taxSlayer as it is the one I use as a VITA tax volunteer. It is easy to use for me. I do my own taxes and get my information from Vanguard, Fidelity, and 3 Banks. I do not know of one that holds all the information and does the taxes in one operation.
Dan
Dan
- Fri Oct 28, 2022 9:02 am
- Forum: Personal Finance (Not Investing)
- Topic: Need a pep talk about how to advocate for myself after I was t-boned & car totaled by a possibly drunk red light-runner?
- Replies: 41
- Views: 3255
Re: Need a pep talk about how to advocate for myself after I was t-boned & car totaled by a possibly drunk red light-run
Make sure you have coverage for the medical bills as most B.I. adjusters will not pay on the medical bills until settlement is reached. I would go through your own insurance for the car damage and check to see if you have Medical Payments on your auto policy. The severity of the injuries should dictate if an attorney is needed, but that is your decision. I have handled B.I. claims for a major insurer in the past, but retired as a trainer for Physical damage claims.
Good luck with your claim and I hope your health improves.
Dan
Good luck with your claim and I hope your health improves.
Dan
- Fri Oct 28, 2022 8:52 am
- Forum: Personal Finance (Not Investing)
- Topic: Need a pep talk about how to advocate for myself after I was t-boned & car totaled by a possibly drunk red light-runner?
- Replies: 41
- Views: 3255
Re: Need a pep talk about how to advocate for myself after I was t-boned & car totaled by a possibly drunk red light-run
+1Cheez-It Guy wrote: ↑Fri Oct 28, 2022 5:19 am Lawyers always recommend getting a lawyer.
If I was an insurance adjuster with the authority to do so, I'd give people who represented themselves larger settlements based on principle. The system we have seems rigged by and for lawyers.
Good luck!
- Tue Oct 25, 2022 7:05 am
- Forum: Investing - Theory, News & General
- Topic: New view of bonds?
- Replies: 120
- Views: 10098
Re: New view of bonds?
So far I have stayed the course with 2 intermediate bond funds. I may shorten the duration in the future due to reaching RMD age in 6 years. Maybe Jack would say something different now, but I'm still "staying the course".
Dan
Dan
- Sun Oct 16, 2022 8:44 am
- Forum: Personal Finance (Not Investing)
- Topic: Original Medicare vs. Medicare Advantage
- Replies: 481
- Views: 43875
Re: Original Medicare vs. Medicare Advantage
I've been saving my premium that I would be paying for plan G Medigap and have 3600.00 in the account for 36 months at 100.00 per month. This will more than cover my 3400.00 oop max for my UHC Medicare Advantage plan. Over my life expectancy, I would have to max out my OOP amount 7 times to come out even with the G medigap premium. I'm thinking if I max it 7 times, I'm likely already passed on to greener pastures. I can afford the premiums, but i'm not sure it is a bargain. Medigap is good for some people, Medicare Advantage works for others. As a SHIP volunteer, I get to explain this to Medicare eligible people all the time. I never recommend one over the other.
Dan
Dan
- Mon Oct 10, 2022 5:20 pm
- Forum: Investing - Theory, News & General
- Topic: "Bear Market Musings"
- Replies: 19
- Views: 3050
Re: "Bear Market Musings"
That same letter came to my e-mail and it was an interesting read. I sent it on to my brother and 2 of my kids.
It is worth the time to read and reinforces much of what we suspect is true.
Best,
Dan
It is worth the time to read and reinforces much of what we suspect is true.
Best,
Dan
- Sat Oct 08, 2022 7:25 am
- Forum: Personal Investments
- Topic: Help! I am lost and don't know what to do...
- Replies: 43
- Views: 7000
Re: Help! I am lost and don't know what to do...
I won't beat around the bush here: First, given your financial situation (your expenses are covered by other sources), you don't need to hit home runs here. So you have a few ways of thinking about the extra money: 1. Assess your tolerance for risk. Have you weathered the volatility of markets with relative ease in the past? Or did you have strong urges to "go to cash"? 2. Invest for your heirs - In this case the investment horizon is considered long, in this case something more aggressive like a 70/30 or 80/20 if you have a tolerance for risk, and won't make behavioral mistakes . 3. Invest for extra spending money in retirement - In this case, I'd be a bit more careful, and look at something like a 60/40 to 70/30. As a reference...
- Sat Oct 01, 2022 9:58 am
- Forum: Personal Finance (Not Investing)
- Topic: Qualified annuity 10% penalty free transfer to an IRA
- Replies: 1
- Views: 235
Qualified annuity 10% penalty free transfer to an IRA
My fiance has an excessive amount of her net worth wrapped up in fixed indexed annuities. Some are qualified and some are after tax. She would like to take the 10% penalty free distribution from the qualified annuities and transfer it directly to her IRA. Are there any problems with doing
the annuity to IRA transfer? She does not want to do an exchange to another annuity.
Thanks in advance,
Dan
the annuity to IRA transfer? She does not want to do an exchange to another annuity.
Thanks in advance,
Dan
- Sun Sep 11, 2022 4:02 pm
- Forum: Personal Investments
- Topic: Money Market Yields Increasing??
- Replies: 10
- Views: 1964
Re: Money Market Yields Increasing??
I do the same, currently Bask Bank and VUSXX.
Dan
Dan
- Mon Sep 05, 2022 12:36 pm
- Forum: Personal Consumer Issues
- Topic: Sam's Club raising the ante
- Replies: 69
- Views: 8495
- Mon Sep 05, 2022 7:51 am
- Forum: Investing - Theory, News & General
- Topic: Jack Bogle - Two Fund Portfolio
- Replies: 2645
- Views: 320057
Re: Jack Bogle - Two Fund Portfolio
Thank you vineviz, you nailed it with that comment. Recency bias is everywhere right now.vineviz wrote: ↑Thu Aug 25, 2022 4:44 pmI would also suggest replacing Total Stock Market Fund with cash.OuterBanks wrote: ↑Thu Aug 25, 2022 11:51 am I would like to propose replacing the Total Bond Market Index Fund portion of this portfolio with Cash, Money Market Fund, and/or I-Bonds. No reason to take risks where the rewards aren’t worth it.
Have you seen the terrible year-to-date returns?
Dan
- Mon Sep 05, 2022 7:34 am
- Forum: Personal Consumer Issues
- Topic: Sam's Club raising the ante
- Replies: 69
- Views: 8495
Re: Sam's Club raising the ante
Not to mention the 1.50 Hot Dog and drink special!! That will tame some inflation, but maybe give you heartburn. Great dealStinky wrote: ↑Wed Aug 31, 2022 5:55 pmStill cheaper than Costco membership.Fremdon Ferndock wrote: ↑Wed Aug 31, 2022 4:10 pm Got this email from Sam's:
Inflation bites everyone I guess.Starting October 17, annual membership fees will move from $45 to $50 for Club members and $100 to $110 for Plus members.
And the three-meat pizza slice at the Sam’s “Cafe” is to die for. Gooey and deliciously greasy.
and I take SO there for lunch sometimes(cheapskate).
- Mon Sep 05, 2022 7:28 am
- Forum: Personal Finance (Not Investing)
- Topic: What's the favorite thing or most important thing you have learned here? [Personal finance]
- Replies: 191
- Views: 17130
Re: What's the favorite thing or most important thing you have learned here? [Personal finance]
Keep investing simply, keep costs low, be patient.
- Sat Aug 27, 2022 8:32 am
- Forum: Personal Investments
- Topic: Q?: Most Efficient Use of Realized Capital Losses?
- Replies: 10
- Views: 1282
Re: Q?: Most Efficient Use of Realized Capital Losses?
just my 2 cents: Assuming 37% tax brkt.
26 year x( .37 x 3000)= 28,860 ordinary income taxes saved
78000 x (.20 +.03)= 17,940 cap gains taxes saved
I'm not an expert so take with a grain of salt.
Dan
26 year x( .37 x 3000)= 28,860 ordinary income taxes saved
78000 x (.20 +.03)= 17,940 cap gains taxes saved
I'm not an expert so take with a grain of salt.
Dan
- Tue Aug 23, 2022 7:10 am
- Forum: Investing - Theory, News & General
- Topic: What's in Rick Ferri's portfolio?
- Replies: 132
- Views: 34461
Re: What's in Rick Ferri's portfolio?
Thanks for another great podcast!!!
Dan
Dan
- Sun Aug 21, 2022 8:10 am
- Forum: Investing - Theory, News & General
- Topic: "Investors Are Shunning Vanguard’s Best Funds"
- Replies: 34
- Views: 7848
Re: "Investors Are Shunning Vanguard’s Best Funds"
+1 I like your style!!!
Dan
- Sun Aug 21, 2022 7:52 am
- Forum: Investing - Theory, News & General
- Topic: "Investors Are Shunning Vanguard’s Best Funds"
- Replies: 34
- Views: 7848
Re: "Investors Are Shunning Vanguard’s Best Funds"
I read the article before you posted it. I was surprised at the results of the active funds, but then remembered these are low cost active funds. Costs are not included for taxes created by yearly cap gains so there could be a different result in a taxable account.
Dan
Dan
- Sun Aug 14, 2022 8:07 am
- Forum: Personal Finance (Not Investing)
- Topic: calculate spousal SS benefits help....
- Replies: 4
- Views: 696
- Sun Aug 14, 2022 7:56 am
- Forum: US Chapters
- Topic: Searching for Lost Contributors
- Replies: 537
- Views: 138183
- Sun Aug 07, 2022 7:59 am
- Forum: Personal Finance (Not Investing)
- Topic: Medicare Advantage because of Kaiser questions
- Replies: 38
- Views: 4200
Re: Medicare Advantage because of Kaiser questions
I definitely wouldn’t choose a Medicare Advantage plan rather than a Medigap plan just to stick with Kaiser. If you can afford the premium you will have much greater flexibility for the rest of your life by being able to go to any provider that accepts Medicare anywhere you go. My mom is 88 and plan F and we never have to wonder whether the Medicare provider is in plan. Priceless. Cheers I usually value your advice, but I disagree on this one. I was with UnitedHealthcare for 40 years in my working life and currently have a Medicare Advantage plan through them that is a PPO. It has a very large provider base and I don't need a referral to see a specialist. I am not against Medigap plans, but they are not the only insurance that works for se...
- Tue Jul 19, 2022 9:21 am
- Forum: Investing - Theory, News & General
- Topic: Do you follow a model portfolio/ If so, Who?
- Replies: 59
- Views: 8219
Re: Do you follow a model portfolio/ If so, Who?
Currently following the 2 funder with 6 funds due to tax loss harvesting. This would qualify as a Bogle 2 fund I believe.
- Wed Jul 13, 2022 8:40 pm
- Forum: Personal Finance (Not Investing)
- Topic: Home Connect American Family insurance - exclude detached structure?
- Replies: 1
- Views: 288
Re: Home Connect American Family insurance - exclude detached structure?
Are you running a business out of your garage? That is usually an indicator of additional liability exposure as is the rental of a mobile home. That is not a detached structure so much as a separate residence being rented. Certain claims could be denied due to misrepresentation of the risks involved.
I don't have a work around for you, but if you have an agent, ask him about the company asking you questions.
Good luck,
Dan
I don't have a work around for you, but if you have an agent, ask him about the company asking you questions.
Good luck,
Dan
- Wed Jul 13, 2022 8:33 pm
- Forum: Investing - Theory, News & General
- Topic: Jack Bogle - Two Fund Portfolio
- Replies: 2645
- Views: 320057
Re: Jack Bogle - Two Fund Portfolio
The S&P 500 is good enough. Warren Buffet thinks so. Jack Bogle thinks so. Taylor Larimore himself thinks so. I think us in the Two Fund Portfolio will be fine. If not, oh well. Maybe it'd be easier for us to understand why you think the S&P 500 is not a good investment if we understood exactly what you were looking for. But as it stands, I can't understand how anyone would think the investing in the S&P 500/TSM with a diversified basket of bonds is a bad idea. What counts is that it works for you. And, as you've stated, you're in good company. Isn't it odd that you're somewhat taken to task for your choice? Any investment that's truly such a great opportunity (especially one that has "been on sale" for so many years,...
- Sun Jul 10, 2022 12:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: Redacted
- Replies: 19
- Views: 2153
Re: Confused by gift tax
And subject to the federal minimum interest for a family loan currently 3.22% for July on over 10 year loan.. I just did such a loan to my
granddaughter for student loan. The rate quoted by Discover for her loan was 12.77%. No way was I going to let her pay that interest.