Search found 4564 matches

by CABob
Mon Apr 23, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Score and Credit Cards
Replies: 20
Views: 1722

Re: Credit Score and Credit Cards

Isn't a credit card denial a reason to get a free credit report?
by CABob
Mon Apr 23, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: [How do I send my Qualified Charitable Distribution to a charity]?
Replies: 12
Views: 665

Re: [How do I send my Qualified Charitable Distribution to a charity]?

Therefore the 1099-R does not reflect the QCD? The 1099-R includes the QCD but does not separately identify it as such. The number includes QCD and any withdrawals made sent to you or a fund you specify. There was mention about check writing against a fund. It should be noted that check writing is ...
by CABob
Wed Apr 18, 2018 1:06 pm
Forum: Personal Consumer Issues
Topic: Perks of Owning Certain Individual Stocks
Replies: 28
Views: 3739

Re: Perks of Owning Certain Individual Stocks

At one time I was told that shareholders of Wrigley received some chewing gum every year.
by CABob
Tue Apr 17, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: Health care subsidies
Replies: 0
Views: 627

Health care subsidies

link I will post this link because I found it interesting and others may also find it so. I honestly did not understand it completely but since it does not affect me personally I will probably not pursue additional research. On the other hand anyone who receives subsidies or helps someone who does ...
by CABob
Mon Apr 16, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Blood pressure monitor - 2 users w/ different size arms
Replies: 12
Views: 630

Re: Blood pressure monitor - 2 users w/ different size arms

Have you tried the standard cuff to see if you can get a good reading? I would thing it would be most convenient if both could use the same monitor and cuff. DW and I both use the same cuff.
I believe that this is the monitor we use.
by CABob
Mon Apr 16, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Moving equities from IRA to brokerage account
Replies: 9
Views: 955

Re: Moving equities from IRA to brokerage account

When you are initially investing with all money going into a tax deferred account the contributions should be allocated into your desired stock to bond ratio. Later when you have additional money to invest going into a taxable account for the most part this money should be invested in stocks only. T...
by CABob
Sun Apr 15, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Moving equities from IRA to brokerage account
Replies: 9
Views: 955

Re: Moving equities from IRA to brokerage account

What is your age? If you are under 59.5 you will be penaltized for any withdrawal from the IRA. You can buy and sell within the IRA without tax or penalty as long as the funds remain in the IRA.
by CABob
Fri Apr 13, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Do you need a Notary for a Safe Harbor IRA roll over to Roth?
Replies: 8
Views: 634

Re: Do you need a Notary for a Safe Harbor IRA roll over to Roth?

In California, there is a mandatory $10 fee per signature that goes to the state! :annoyed I think this fee has been raised to $15. My understanding is that this is a maximum not a minimum but the fee goes to the notary not to the state. If my understanding is incorrect please let me know. Californ...
by CABob
Fri Apr 13, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 89
Views: 6948

Re: How do I make sure IRS receives my manual tax return ?

The IRS has no obligation to accept certified mail and return receipts as proof of filing. I worked for a company that mailed their return with such, but the IRS did not accept it and assessed late payment penalties and interest. After fighting it for about 3 years, the IRS prevailed. It cost the c...
by CABob
Fri Apr 13, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: How to transition to a new asset allocation?
Replies: 8
Views: 778

Re: How to transition to a new asset allocation?

I can't think of any good reason to spread out the transition. Unless you have a convincing one I suggest you go for it and get it over with. Besides it would sound as if you consider this an improved asset allocation without any changes to the basic stock/bond allocation so why would you want to de...
by CABob
Fri Apr 13, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: vanguard notice - retiring our old investment platform
Replies: 50
Views: 7687

Re: vanguard notice - retiring our old investment platform

Over the past few years, we've made some improvements to our investment platform. As a result of these improvements, we'll be retiring our old investment platform—which is what you're using today—and asking all our clients to transition to the new one. [/i] I have not received this notice but am wo...
by CABob
Sat Mar 31, 2018 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Options for My Parents
Replies: 22
Views: 2119

Re: Retirement Options for My Parents

Can the lump sum be rolled into an IRA? (I suspect that it can.) If that is the case he would not be taxed on it immediately but only as he takes withdrawals from the IRA. I would be very cautious about the adviser without more information about his plans and the 1% is not good. The monthly $800 loo...
by CABob
Wed Mar 28, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Retiree looking for investment advice
Replies: 15
Views: 2268

Re: Retiree looking for investment advice

SimplicityNow wrote:
Wed Mar 28, 2018 4:45 pm
If you want to take additional risk than in a total bond or money market fund you could consider the Vanguard Life strategy income fund. It is 20% Bonds/80% stocks.
I believe that is reversed. Should be 20% equity 80% bonds. But your point is well taken.
by CABob
Sun Mar 25, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Kiplingers Retirement Report
Replies: 17
Views: 3554

Re: Kiplingers Retirement Report

I had a subscription for a few years. I enjoyed it and found it interesting but eventually started to realize that I found very little actionable information and felt the price was a bit high for what I received.
by CABob
Sun Mar 25, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Issue With Door Knob
Replies: 14
Views: 1339

Re: Issue With Door Knob

If I correctly understood the OP I have a similar problem. The entry door to my home has a lever type of knob on the inside similar to this. In order to open the door we must lift up on the lever. I can rotate the lever downward but that does not unlatch the door. I have thought that was perhaps a s...
by CABob
Sat Mar 24, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: How do you know when you need a trust?
Replies: 22
Views: 3569

Re: How do you know when you need a trust?

If you are wondering whether you need a trust, I suggest you read Beyond the Grave by Condon. Generally I don't think that the dollar amount is more important than the specific conditions in making the determination. The cutoff limits for estate taxes would be on of the conditions.
by CABob
Sun Mar 11, 2018 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard personal advisor services
Replies: 10
Views: 2085

Re: vanguard personal advisor services

Since you indicate that you have a retirement plan with your employer you should probably look at your investments in total. I'm not sure the PAS will consider anything other than funds invested with Vanguard.
by CABob
Fri Mar 09, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to TLH with index funds
Replies: 7
Views: 1098

Re: How to TLH with index funds

This would be true of all mutual funds, not just index funds. If the end of day fluctuations might affect a TLH you probably shouldn't be trying.
by CABob
Thu Mar 08, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: Am I the only one?
Replies: 5
Views: 1529

Re: Am I the only one?

I've been on the site a couple of times today and have not had a problem.
by CABob
Sun Mar 04, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: CA tax withholding from RMD
Replies: 6
Views: 674

Re: CA tax withholding from RMD

If your 1099R shows the tax withheld for CA, I doubt there will be a problem ( assuming of course the CA tax withheld covers the CA tax liability for all your income) Oops, this may be the problem. It looks like I have underpaid the tax due by more than $500 which I think may trigger a penalty for ...
by CABob
Sun Mar 04, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: CA tax withholding from RMD
Replies: 6
Views: 674

Re: CA tax withholding from RMD

thanks for the reply. So we presume you had CA estimated taxes withheld and the RMD was late in the year? Correct. The RMD was taken in October and the taxes withheld from the RMD were the only estimated or withheld taxes for the year. I would ignore the tax software advisory message and pick the op...
by CABob
Sun Mar 04, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: CA tax withholding from RMD
Replies: 6
Views: 674

CA tax withholding from RMD

Often discussed on the forum is the fact that Federal Income tax withheld from IRA RMDs can be considered as be paid throughout the year even though it may be from a single withdrawal late in the year. Is the same thing true with regard to California state income tax? I am in the process of preparin...
by CABob
Wed Feb 28, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Move to Orange County
Replies: 50
Views: 4739

Re: Move to Orange County

Question for those on the west coast around Orange County. Can a couple live “comfortably” on 185-200k a year? We would rent as this will most likely be short term 3-5 years. Apparently the median household income in Orange County is in the neighborhood of $76K so I would think your range would be ...
by CABob
Mon Feb 26, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Adjusting remaining RMD amounts
Replies: 10
Views: 1183

Re: Adjusting remaining RMD amounts

sport wrote:
Mon Feb 26, 2018 5:12 pm
The QCD is shown in the balance of the RMD remaining. However, if you have automatic withdrawals set up, it does not change those.
Thanks for the clarification for the slow learner. I missed the significance of having set up automatic withdrawals prior to the QCD.
by CABob
Mon Feb 26, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Adjusting remaining RMD amounts
Replies: 10
Views: 1183

Re: Adjusting remaining RMD amounts

FYI. Just received an e-mail from Vanguard. I believe they said that their RMD distribution service (automatic calculation and distribution of RMD based on prior year end balance) does not update for distributions outside that service (qualified charitable deductions). So to get to the correct numb...
by CABob
Sat Feb 24, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Adjusting remaining RMD amounts
Replies: 10
Views: 1183

Re: Adjusting remaining RMD amounts

I don't but I suppose it might depend on who holds the IRA, and how they account for withdrawals. My IRA is with Vanguard and they keep track of it. If I withdraw a QCD from the account the amount shown for the remaining RMD has been calculated correctly.
by CABob
Fri Feb 23, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: I week in California, Road Trip Planning
Replies: 65
Views: 4400

Re: I week in California, Road Trip Planning

Continuing up highway 1 will take you near Hearst castle, some other small beach towns like cayucos. Highway 1 also winds around on a cliff so driving is a bit slower than highway 101. One side is mountains and rock, other is the Pacific ocean. It's amazing! I believe that a portion of Highway 1 is...
by CABob
Sat Feb 17, 2018 12:47 am
Forum: Investing - Theory, News & General
Topic: Which book for an 18 year old who is asking about investing?
Replies: 45
Views: 3477

Re: Which book for an 18 year old who is asking about investing?

I would suggest one of Eric Tyson's books for your consideration. Any of them are good but my personal favorite is "Personal Finance for Dummies."
by CABob
Fri Feb 16, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 67
Views: 7860

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

The glide path for the TR funds approach the TR income fund which has a 30/70 allocation while the LS Income fund has 20/80. The LS Conservative Growth fund has an allocation of 40/60. If you want a 30/70 allocation you can't get there with the LS funds without an additional fund. This may not be a ...
by CABob
Thu Feb 15, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Just added Total Int'l Stock; add Total Int'l Bond too?
Replies: 25
Views: 2395

Re: Just added Total Int'l Stock; add Total Int'l Bond too?

Today I took the big plunge and moved to a three-fund portfolio. I added Vanguard Total International Stock fund (VTIAX) to my previous two funds (Vanguard Total Stock and Total Bond). VTIAX now comprises 20% of my equity allocation. I'm just wondering if, while I'm at it, I should add Total Intern...
by CABob
Thu Feb 15, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: How many of you use the "4% rule" during retirement?
Replies: 68
Views: 9851

Re: How many of you use the "4% rule" during retirement?

I have not "used" the rule at least not in its usual sense. I've been retired for about 15 years and shortly before I retired and for a few years following I calculated what my withdrawal could be. This was one of my factors on deciding if and when I could retire. My actual withdrawals have been wha...
by CABob
Wed Feb 14, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Where would you park 140k [Where to invest 140k]
Replies: 19
Views: 2282

Re: Where would you park 140k [Where to invest 140k]

Will take a look into the total stock index fund.
This would be the largest of the funds that make up your target date funds.
by CABob
Wed Feb 14, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Where would you park 140k [Where to invest 140k]
Replies: 19
Views: 2282

Re: Where would you park 140k

Assuming this is taxable money I would probably put it all into a total stock market index fund then if necessary adjust your tax advantaged accounts to maintain your desired overall asset allocation.
by CABob
Sun Feb 11, 2018 2:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 5643

Re: Happy Birthday, Taylor!

I also am a bit late after apparently missing the OP a few weeks ago but wanted to let you know that from my first response from you on the M* forum when I asked about asset allocation until now I have admired your help, consideration, and expertise responding to sometimes dumb questions. Happy Birt...
by CABob
Sat Feb 10, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2248
Views: 1422778

Re: The Three-Fund Portfolio

tj wrote:
Sat Feb 10, 2018 1:46 pm
ankonaman wrote:
Sat Feb 10, 2018 12:59 pm
How would the new Global Wellington Fund Admiral Shares stack up against the 3 fund portfolio?
Which allocation of the 3 fund? In any event, way too early to know.
And it most likely would depend on the time frame used for comparison.
by CABob
Sat Feb 10, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Flat tire replacement
Replies: 26
Views: 1637

Re: Flat tire replacement

It sounds like good advice to me. If you don't already do so it might be a good time to start rotating tires so the "new" tire wears like the others.
by CABob
Thu Feb 08, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2248
Views: 1422778

Re: The Three-Fund Portfolio

I'm curious if, in addition to covering ideas like "why the three-fund portfolio is a smart option," it also covers the long-term management, both pre- and post-retirement, of the three-fund portfolio? I'm thinking specifically about details like the use of taxable vs. non-taxable accounts, rebalan...
by CABob
Mon Feb 05, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Additional Risks of Margin Accounts
Replies: 9
Views: 646

Re: Additional Risks of Margin Accounts

My understanding is that if you have a margin account it allows your broker to lend shares in your account. If that happens and the stock pays a dividend you will get an "in lieu of dividend" payment which prohibits using the payment as dividend income for its lower tax rate treatment. If my underst...
by CABob
Sat Feb 03, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Cheapest funeral options
Replies: 40
Views: 3613

Re: Cheapest funeral options

I think you might get cremation and a minimum of extras (and there will most likely be some extras) for under $1000. My MIL recently passed and I think it was less than that to the mortuary. A very small memorial service primarily for family was done separately. Most mortuarys will have price list o...
by CABob
Sat Feb 03, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Motley Fool ETF Debuts (TMFC)
Replies: 11
Views: 2219

Re: Motley Fool ETF Debuts (TMFC)

As I recall they tried doing a mutual fund years agos but they shut it down when it did badly. I believe that there are still some Motley Fool Funds. I also have and do follow some of the Motley Fool message boards but take a pass on their subscription services and mutual funds and will likewise ta...
by CABob
Thu Feb 01, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Hourly, over the phone investing help
Replies: 15
Views: 1035

Re: Hourly, over the phone investing help

My questions would require one heck of a lot of space. I agree that a good place to start would be here on this forum. Perhaps you could break your questions up into small pieces. I think that would make the questions and responses more direct and useful. If you feel you still need an adviser you m...
by CABob
Wed Jan 31, 2018 1:12 pm
Forum: Forum Issues and Administration
Topic: Is there a limit to the length of a post? Can stressful family financial conflict be mentioned?
Replies: 15
Views: 3467

Re: Is there a limit to the length of a post? Can stressful family financial conflict be mentioned?

And keep in mind the prohibited items such as medical advice, politics, items that are not actionable.
by CABob
Tue Jan 30, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: The Vanderbilts
Replies: 26
Views: 4389

The Vanderbilts

An interesting article on how the Vanderbilt family did not keep their family fortune.
https://ofdollarsanddata.com/the-best-w ... 79b4085217
by CABob
Sun Jan 28, 2018 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Trust account at Vanguard with 2 trustees with separate logins
Replies: 16
Views: 1586

Re: Trust account at Vanguard with 2 trustees with separate logins

Our lawyer suggests it be put into the trust account as "<name of trust>, DH's separate property". Hopefully the lawyers and trust experts will be along shortly, but this doesn't sound correct. If you want to have the inheritance as DH property rather than joint property it doesn't sound logical to...
by CABob
Mon Jan 22, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: How much $ worth of things have you discarded without using?
Replies: 25
Views: 2653

Re: How much $ worth of things have you discarded without using?

There were a few things mostly in the clothes or tools area that that I have bought and did not use, but I don't think they would add up to much $. On the other had I have received gifts that I never used. How do you tell someone to just forget me when it is gift giving time. If I want is badly and ...
by CABob
Mon Jan 22, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 131
Views: 33540

Re: Vanguard opens special offices for $1 million clients

It is interesting that this year old conversation was revived. I am wondering if anyone has heard, seen, or experienced any changes or actions with regard to the "special offices"? It seems to me that perhaps some of the perks for the million dollar clients have in fact been deleted such as the ded...
by CABob
Mon Jan 22, 2018 12:54 am
Forum: Personal Consumer Issues
Topic: Collecting Old Currency... Best place to get? Online? Bank
Replies: 7
Views: 603

Re: Collecting Old Currency... Best place to get? Online? Bank

MortgageOnBlack wrote:
Sun Jan 21, 2018 11:39 pm
Edited: selling for $125-$160 (25-60 profit)
Thanks for the edit. It now makes more sense.
by CABob
Sun Jan 21, 2018 11:35 pm
Forum: Personal Consumer Issues
Topic: Collecting Old Currency... Best place to get? Online? Bank
Replies: 7
Views: 603

Re: Collecting Old Currency... Best place to get? Online? Bank

I'm not sure what you are seeing and am certainly not knowledgeable on the subject but it seems to me that if it is legal tender your aren't going to find anyone to sell it for $20-$60. If they are only collectors item then I don't think any bank will have them but instead will take them out of circ...
by CABob
Sun Jan 21, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 131
Views: 33540

Re: Vanguard opens special offices for $1 million clients

It is interesting that this year old conversation was revived. I am wondering if anyone has heard, seen, or experienced any changes or actions with regard to the "special offices"? It seems to me that perhaps some of the perks for the million dollar clients have in fact been deleted such as the dedi...
by CABob
Wed Jan 17, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 5631

Re: Nostalgic about old online brokerages that no longer exist

Nothing too nostalgic with me. If my memory is correct I went from Lombard to Discover Brokerage then closed the account. I opened a Scottrade account and transferred some securities from Smith Barney into it and now it looks like I am with TDA although no change for me yet. There is a similar and p...