Search found 1280 matches

by pjstack
Sun Jun 08, 2014 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with the market at an all time high?
Replies: 95
Views: 8776

Re: What are you doing with the market at an all time high?

An "all time" high? Oh,no! It'll never be this high again? Can I have that in writing? What is the OP going to do? By the way, what could we do if it really is the all time (from now until the end of time) high? Stop investing? That doesn't seem sensible. It seems to me that the market wou...
by pjstack
Sun Jun 08, 2014 2:05 am
Forum: Personal Consumer Issues
Topic: How to deny having a stroke?
Replies: 13
Views: 2174

Re: How to deny having a stroke?

If a bystander is alarmed enough by your looks or behavior to call 911, you might not be the best judge of your own condition.
by pjstack
Fri Jun 06, 2014 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Transfer Your Money?
Replies: 24
Views: 3710

Re: How Do You Transfer Your Money?

I have a set amount deposited every month directly from my checking account to a mutual fund of my choice.

It's my regular checking account, not a separate (or "special") checking account.
by pjstack
Thu May 29, 2014 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Would you work without pay?
Replies: 63
Views: 5431

Re: Would you work without pay?

Well, what have you decided to do?

(I don't believe you are actually asking for advice. How the heck would any one of us know what is best for you?)
by pjstack
Fri May 16, 2014 4:57 pm
Forum: Forum Issues and Administration
Topic: Poll test
Replies: 16
Views: 1053

Re: Poll test

You need another choice: "It depends on the size of the pin".
(There are some industrial pins that are pretty big.)
by pjstack
Wed May 14, 2014 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a leave of absence for one year
Replies: 37
Views: 4048

Re: Taking a leave of absence for one year

Just be careful! I had often heard about people "taking a year off", and I said to myself, "Imagine! Being rich enough to take a year off!" So, when I retired from the Air Force in 1979 I thought,"Now's my chance!" So I took a year off. When the year was up, I said, &q...
by pjstack
Wed May 14, 2014 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a leave of absence for one year
Replies: 37
Views: 4048

Re: Taking a leave of absence for one year

Just be careful! I had often heard about people "taking a year off", and I said to myself, "Imagine! Being rich enough to take a year off!" So, when I retired from the Air Force in 1979 I thought,"Now's my chance!" So I took a year off. When the year was up, I said, &qu...
by pjstack
Wed May 14, 2014 1:48 am
Forum: Investing - Help with Personal Investments
Topic: Is the Vanguard Balanced Index Fund all I need?
Replies: 59
Views: 13788

Re: Is the Vanguard Balanced Index Fund all I need?

I've noticed that the term "all time high" is used frequently, but I don't think the users really understand what that term really means. "All time high" means that the market will never rise to that level again. The market will forever be lower than it is right now. Do people re...
by pjstack
Sun May 11, 2014 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: what is the hardest financial decision?
Replies: 55
Views: 6201

Re: what is the hardest financial decision?

I checked Asset Allocation. It's really just a guess, isn't it? At least it was for me.
by pjstack
Sat May 10, 2014 8:11 pm
Forum: Investing - Theory, News & General
Topic: Why do we pay ER fees? [Expense Ratio]
Replies: 22
Views: 2620

Re: Why do we pay ER fees?

I really don't understand the original question. ER stands for Expense Ratio, and running a fund (or a lemonade stand, for that matter) generates expenses. People have to be paid, equipment, computers, etc. have to be purchased/maintained, and so on. You can't run a business without expenses. How co...
by pjstack
Fri May 09, 2014 7:02 pm
Forum: Personal Consumer Issues
Topic: Anybody solve this problem? [washer hose issue]
Replies: 15
Views: 2415

Re: Anybody solve this problem? [washer hose issue]

Duct tape!! (The all-purpose cure all for everything!!
by pjstack
Wed May 07, 2014 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Charitble Remainder Annuity/Unitrust Trusts
Replies: 7
Views: 886

Re: Charitble Remainder Annuity/Unitrust Trusts

Gill wrote:The taxes don't "go away". The capital gain will be distributed to you with the payouts.
Gill

That's true. But, the deduction from the original donation is substantial(at least in my case).

Remember, Unitrusts are a charitable donation, not really an investment.
by pjstack
Wed May 07, 2014 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Charitble Remainder Annuity/Unitrust Trusts
Replies: 7
Views: 886

Re: Charitble Remainder Annuity/Unitrust Trusts

I set up a charitable remainder unitrust by donating some GE stock left to me upon my father's death. Although the University of New Hampshire is the recipient upon my death, the actual investment is handled by TD Wealth Management. (TD=Toronto Dominion branch in the U.S.) The payout is 5% of the en...
by pjstack
Mon May 05, 2014 9:24 pm
Forum: Personal Consumer Issues
Topic: Free Dinner Binge?
Replies: 23
Views: 2889

Re: Free Dinner Binge?

Your "geezer mail" is better than mine! I just get catalogues for diapers and canes!
by pjstack
Sun May 04, 2014 1:37 am
Forum: Personal Finance (Not Investing)
Topic: Default: "Joint Tenancy" or "Tenancy in Common" (Virginia)
Replies: 11
Views: 1675

Re: Default: "Joint Tenancy" or "Tenancy in Common" (Virgini

The OP still hasn't said if these assets are his/hers or are someone else's or an inheritance , etc.
And I'm not quite sure what he/she means by "default". Something is titled or not, has a beneficiary or not.

We don't really know what the real question is.
by pjstack
Sat May 03, 2014 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Default: "Joint Tenancy" or "Tenancy in Common" (Virginia)
Replies: 11
Views: 1675

Re: Default: "Joint Tenancy" or "Tenancy in Common" (Virgini

I understand that if assets are held "tenancy in common", then a will is needed to disburse assets. Correct? That doesn't seem right to me. Assets go as they are titled. Are you talking about your assets, or something you/someone has inherited? See a lawyer. It will be cheaper in the long...
by pjstack
Thu May 01, 2014 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: TOD for personal property
Replies: 13
Views: 1662

Re: TOD for personal property

Sure there is! a reason for someone living in Ohio to learn the laws of Ohio and not the laws of California. I'm confused. I reviewed the posts and didn't see California mentioned anywhere. Anyway, I suspect the disposition mentioned by the OP in his last post happens all the time. A simple will sh...
by pjstack
Wed Apr 30, 2014 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Are I Bonds a part of your portfolio?
Replies: 53
Views: 5890

Re: Are I Bonds a part of your portfolio?

Yes, I own I-Bonds.
They are about the only tax deferred avenue available to me because my military pension is not considered earned income (therefore ineligible for IRA's).
by pjstack
Wed Apr 30, 2014 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Does everyone have an Emergency Fund
Replies: 51
Views: 5936

Re: Does everyone have an Emergency Fund

No, I don't have an "emergency" fund. I am retired on a military pension. My mortgage is paid off. My credit card(s) have been sufficient to handle any minor emergencies (car breakdown, house repairs, etc.) If a "huge" emergency were to occur, I guess I'd have to tap my mutual fu...
by pjstack
Wed Apr 30, 2014 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Easy way to view graph of portfolio?
Replies: 3
Views: 493

Re: Easy way to view graph of portfolio?

Or, you could try this site:
http://stockcharts.com/freecharts/perf. ... MX%2CVBIAX

It allows you to enter several stock/bond/fund symbols and see them on the same chart.
by pjstack
Tue Apr 22, 2014 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: What to say to financial planners/insurance brokers
Replies: 45
Views: 14475

Re: What to say to financial planners/insurance brokers

Someone told me long ago that a good salesman has an answer for everything except "NO".
I have found this to be true.
Just say "no". Repeat as necessary. No explanations, excuses, etc. Just "no".
Especially no explanations, unless you really want to prolong the agony.
by pjstack
Mon Apr 21, 2014 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Probate cost
Replies: 17
Views: 1626

Re: Question about Probate cost

P.S. While other states have TOD deeds for real estate, CA is not one of them. m Yes, that's true. We almost had a law that permitted TOD for houses, but it became over-complicated in the legislature and failed passage. I don't (now) have a trust but I have designated everything but the house as Tr...
by pjstack
Sun Apr 20, 2014 6:30 pm
Forum: Personal Consumer Issues
Topic: Possible fraud? Getting mail about a car I don't own.
Replies: 16
Views: 2422

Re: Possible fraud? Getting mail about a car I don't own.

I get occasional letters from a Toyota dealership saying they "need" my model/year Toyota and will pay $xxx for it.

I did not buy my car at that dealership but I did take it in for maintenance once, so I guess I'm on their list forever!
by pjstack
Sun Apr 20, 2014 12:49 pm
Forum: Investing - Theory, News & General
Topic: Tax cost of "one fund in taxable"
Replies: 7
Views: 1345

Re: Tax cost of "one fund in taxable"

I have already taken the OP's approach, and for the same reason. I chose the 60/40 balanced fund, but I also kept a little Total Market to try and balance against my I-Bonds.
by pjstack
Thu Apr 17, 2014 11:28 pm
Forum: Investing - Theory, News & General
Topic: Does Vanguard charge Rebalancing fees?
Replies: 19
Views: 2309

Re: Does Vanguard charge Rebalancing fees?

Of course, there are taxes involved if you sell a fund (in taxable accounts, not IRA's).
by pjstack
Tue Apr 15, 2014 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Child's Roth
Replies: 27
Views: 1847

Re: Child's Roth

sscritic wrote:I promised I wouldn't look again, but then see what happened? I am so ashamed of looking stuff up for other people. I really have to stop.

Awwww! I hope you never stop! You are a boon to the instruction-impaired.
by pjstack
Sun Apr 13, 2014 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: I Really Would Appreciate Your Advice!
Replies: 72
Views: 5328

Re: Mother Of Bog! I'm Uncertain/Frightened To Buy Fund

Browse our Wiki, it has a lot of good info and explanations. (The link is on the very top bar, right hand side.)
by pjstack
Sat Apr 12, 2014 1:21 am
Forum: Personal Finance (Not Investing)
Topic: Making a Will (Young Couple)
Replies: 16
Views: 1843

Re: Making a Will (Young Couple)

That was our logic, and so we bought the software. I like it (keep in mind I don't have anything to compare it to), and also like that I can easily update our documents using it as we have other children without having to go back to a lawyer each time. Actually, after using it now, I feel like I wo...
by pjstack
Fri Apr 11, 2014 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Playing Defense [against possible market correction]
Replies: 36
Views: 4521

Re: Playing Defense

" well versed in technical analysis "? Oh, dear. I'm afraid you are on the wrong forum. Every week here someone posts that they got out/stayed in when "the market" was too high/too low and don't know whether or not to invest now because the market is rising/is falling. It's never...
by pjstack
Mon Apr 07, 2014 5:40 pm
Forum: Personal Consumer Issues
Topic: What's a good credit score?
Replies: 25
Views: 11823

Re: What's a good credit score?

One way is to decrease your debt to credit ratio. If you can increase your credit limit (and possibly decrease your credit usage) that will help your ratio. Even if you pay off the balance(s) every month (good), you probably have a balance whenever the agency decides to check it, therefore you will ...
by pjstack
Sat Apr 05, 2014 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: 1 Nice car vs 2 Decent cars (daily driver/weekend car)?
Replies: 34
Views: 6046

Re: 1 Nice car vs 2 Decent cars (daily driver/weekend car)?

Even when I was single I often had two vehicles. One for work and a van for camping. Some days, when one car was "down" (maybe in the garage for work, or just wouldn't start) it was very convenient to simply drive the other vehicle and sort out whatever problem the other vehicle had at my ...
by pjstack
Fri Apr 04, 2014 3:15 am
Forum: Personal Finance (Not Investing)
Topic: Auto Accident Advice
Replies: 34
Views: 2945

Re: Auto Accident Advice

This molehill is well on its way to being a mountain!! Let me get this straight: you run into me and you want me to sign a "release"? Suppose I tell you to put your release where the sun don't shine and demand you fork over your insurance information? (I imagine your deductible is greater ...
by pjstack
Mon Mar 31, 2014 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Earthquake insurance in California
Replies: 27
Views: 2429

Re: Earthquake insurance in California

The problem is that seismologists are quacks, and they stir up either complacency or panic. They make excellent talking heads after a quake, but where they beforehand? At the end of the day, they know as much as Joe Average - not much. Real scientists must be infuriated by the media time these CalT...
by pjstack
Sun Mar 30, 2014 11:56 am
Forum: Investing - Theory, News & General
Topic: Poll: how did you decide on stock/bond allocation?
Replies: 35
Views: 3666

Re: Poll: how did you decide on stock/bond allocation?

Other: I guessed. I'm not sure if it was the right guess. I'm planning on changing my allocation slowly to see if I like it better.

I could call that "rebalancing", but it's still a guess .
by pjstack
Sun Mar 23, 2014 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Paper bonds vs Treasury Direct
Replies: 24
Views: 2143

Re: Paper bonds vs Treasury Direct

I don't understand this sentiment of "I want paper bonds because I don't trust electronic media" or "I'm afraid my heirs will overlook electronic assets"...are all your other assets not electronic? Your stocks funds? Your bond funds? Your CDs? Your savings/checking accounts? How...
by pjstack
Sat Mar 22, 2014 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Advisory Solutions account
Replies: 68
Views: 25835

Re: Edward Jones Advisory Solutions account

I see "edventure" bumped up this post after it was almost two years old! That smells to me like an Edward Jones broker (or shill) that has implemented a search engine. It reminds me of the old Morningstar forum days when "brownshoe" would persistently sing the praises of the now ...
by pjstack
Sat Mar 22, 2014 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Paper bonds vs Treasury Direct
Replies: 24
Views: 2143

Re: Paper bonds vs Treasury Direct

Going to bank safety deposit box and cashing them in on the spot. Many banks won't cash paper bonds anymore, like mine for example. Which bank is that? Banks are not required to give out more than $1,000 in cash , but if you have an account at that bank they will transfer larger amounts to your acc...
by pjstack
Fri Mar 21, 2014 2:04 am
Forum: Personal Finance (Not Investing)
Topic: Issues with income from sharing a home
Replies: 17
Views: 981

Re: Issues with income from sharing a home

My opinion, which I have expressed in other threads, is that the tax law never intended to include arrangements such as this, in which expenses in living arrangements are shared. I don't think this is any different than many other transactions in daily life such as buying someone lunch or picking u...
by pjstack
Sun Mar 16, 2014 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Using Life Expectancy Tables for RMD
Replies: 22
Views: 1850

Re: Using Life Expectancy Tables for RMD

sscritic, is alcohol involved? You're in a "mood"!
(Or, are you doing your taxes? That accounts for most of my "moods".)
by pjstack
Sat Mar 15, 2014 3:43 pm
Forum: Personal Consumer Issues
Topic: Was frugality a mistake? The downsides of saving too much.
Replies: 115
Views: 15564

Re: Was frugality a mistake? The downsides of saving too mu

The comic strip "Pearls Before Swine" has a comment on this situation:
http://www.gocomics.com/pearlsbeforeswine#.UyS5rYePKLg
Enjoy!
by pjstack
Fri Mar 14, 2014 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends Taxed Differently ?
Replies: 24
Views: 1608

Re: Dividends Taxed Differently ?

technovelist wrote:The taxes would be the same either way, given that they are from a taxable account.

Well, I don't know about that. If he moved (sold shares) equal to the dividend(s), the money would be a long term capital gain (assuming, as he said) the funds have been invested for 25 years.
by pjstack
Tue Mar 11, 2014 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Large capital gain this year
Replies: 81
Views: 6513

Re: Large capital gain this year

henrytow wrote:I'll come clean: I have a Ph.D. in economics, a CFA, and used to teach CFA classes. I a m not an idiot.


I'm fascinated to see how all this works out. Please keep us informed.
Thank you.
by pjstack
Tue Mar 11, 2014 6:31 pm
Forum: Investing - Theory, News & General
Topic: I Bonds - buy now or wait for May?
Replies: 25
Views: 5151

Re: I Bonds - buy now or wait for May?

Clever_Username wrote:
Edit : Follow-up question: I know I can't buy through Vanguard, but is there a way within Vanguard to track my I-Bonds (or, for that matter, existing EE bonds)?


Here's a link to the savings bond calculator: http://www.treasurydirect.gov/BC/SBCPrice
by pjstack
Tue Mar 11, 2014 6:17 pm
Forum: Personal Consumer Issues
Topic: Purchasing physical gold??
Replies: 71
Views: 10909

Re: Purchasing physical gold??

I still have my six gold coins (4 bullion, 2 numismatic) that I bought for ~$400 each.

So there! (Nynah! Nynah!) :D
by pjstack
Tue Mar 11, 2014 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Large capital gain this year
Replies: 81
Views: 6513

Re: Large capital gain this year

I see posts like this (Eeek! I owe capital gain taxes!) fairly often on this forum. Which makes me ask this question (really): Has anyone on this board ever received a raise in salary and immediately stormed into the bosses' office and screamed, " How dare you give me a raise? Now I have to pay...
by pjstack
Sat Mar 08, 2014 2:21 am
Forum: Personal Consumer Issues
Topic: Son moving to LA - neighborhood/town recommendations?
Replies: 43
Views: 4712

Re: Son moving to LA - neighborhood/town recommendations?

vbdoug wrote:He should go to one of the South Bay Beach Cities; Manhattan, Hermosa or South Redondo. It is expensive but he will have the time of his life.

They are a mere hop, skip, and a jump from west Torrance. An easy drive. He'll find the way!
by pjstack
Fri Mar 07, 2014 1:34 am
Forum: Investing - Help with Personal Investments
Topic: stayed out of the market, what to do now?
Replies: 64
Views: 10003

Re: stayed out of the market, what to do now?

My biggest fear at this point is that I may be doing exactly what people warn about...buying the high. Most stock market measures indicate inflated prices (PE, market-cap to revenue, etc.). If I invest any significant amount and it goes down, I will feel like a complete loser. Just like Zvi Bodie s...
by pjstack
Mon Mar 03, 2014 8:42 pm
Forum: Investing - Theory, News & General
Topic: question about the consequence of reinvesting dividends
Replies: 20
Views: 1647

Re: question about the consequence of reinvesting dividends

Or, lets say I had owned a fund for several years and had reinvested dividends the entire time (up to the day that I sold), then sold all my holdings in the fund. would I pay short term gains on the entire sell, or just on the shares bought with the reinvested dividends. Again, lets assume that I u...
by pjstack
Sat Mar 01, 2014 1:22 am
Forum: Personal Finance (Not Investing)
Topic: The Great 100 thousand dollar pension question. update
Replies: 75
Views: 12090

Re: The Great 100 thousand dollar pension question.

I won't give you any financial analysis because I'm no good at it (Lots of others on this board are far better), but the option of retiring early is really valuable. School, college, etc. opportunities and so on and so forth are really worth considering. I retired from the military at 44 years old a...