Search found 4596 matches

by CABob
Thu May 31, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Writing Checks on a Schwab IRA
Replies: 22
Views: 1795

Re: Writing Checks on a Schwab IRA

I don't know about Schwab but Vanguard limits the mutual funds that can use the check writing feature (usually only bond funds). That plus the check minimum convinced me that it was not that useful. I did like the possibility of using check writing for making QCD.
by CABob
Thu May 31, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Retirement is all TD funds, what to do for taxable add-ons $$?
Replies: 8
Views: 735

Re: Retirement is all TD funds, what to do for taxable add-ons $$?

Option 2 is what I am leaning towards as well. One question after looking through the link on tax-friendly investing though. I get that buying bond funds in a taxable account is a bad idea because of the higher return as income every year but if the bond funds are inside a TD fund wouldn't it be mo...
by CABob
Thu May 31, 2018 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Retirement is all TD funds, what to do for taxable add-ons $$?
Replies: 8
Views: 735

Re: Retirement is all TD funds, what to do for taxable add-ons $$?

I would go with your option 2. Regularly check your asset allocation and if you get stock heavy consider either change your TD fund getting your overall portfolio in line or perhaps adding a bond fund in one of your tax advantaged accounts. You should do your adjusting in your tax deferred accounts ...
by CABob
Sat May 26, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 92
Views: 17595

Re: Why Edward Jones?

... start coaching us to create a will and planning for inheritances, help us decide when best to start SS, decide if I should do Roth conversions, help us decide how to plan for the survivor, help with medicare decisions, what about LTC and CCRC decisions, taxes, when to retire... How much of this...
by CABob
Fri May 25, 2018 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Book for wife on investing
Replies: 26
Views: 2294

Re: Book for wife on investing

Personal Finance for Dummies by Eric Tyson or one of his other books.
by CABob
Mon May 21, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Anyone Using Food Sealing Vacuums (eg FoodSaver)?
Replies: 23
Views: 2057

Re: Anyone Using Food Sealing Vacuums (eg FoodSaver)?

We have one and it is used almost exclusively for meat, fish, and poultry purchased in packages larger than one meal or are going to be stored for a while and want it in a freezer bag. This is the second one we have had. Ours probably gets used 2 or three times a month. It is a bit of a pain draggin...
by CABob
Mon May 21, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Pulling the plug on Scottrade
Replies: 22
Views: 2855

Re: Pulling the plug on Scottrade

For those that have stayed with Scottrade and have been taken over by TDA you might be interested in this transfer offer from Schwab. I have no personal experience with it but have been considering.
https://www.schwab.com/public/schwab/nn/tradeoffer.html
by CABob
Sun May 20, 2018 6:46 pm
Forum: Investing - Theory, News & General
Topic: If RMD are large should you still defer into 401k
Replies: 32
Views: 3474

Re: If RMD are large should you still defer into 401k

I am wondering since my projected RMD will be large ( at least to me) if I should stop my 401k contributions. I have been maxing my 401k for years. I realize I get the tax break now if I continue to max the 401k, but if I continue to do so that will just increase my RMD And the down side to a highe...
by CABob
Sun May 20, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: When to and when not to “reinvest dividend and capital gains”
Replies: 24
Views: 3040

Re: When to and when not to “reinvest dividend and capital gains”

I can't add to the prior responses, but would point out for your consideration that you will be subject to taxes on the distributions regardless of whether you reinvest or take in cash. There is often an erroneous belief that reinvested dividends are not taxed.
by CABob
Thu May 17, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Simple Index Fund Question
Replies: 12
Views: 1271

Re: Simple Index Fund Question

I can add to our Vanguard mutual funds in as little as $10 (I never tried a lower amount) with no problem. I always thought additional investments were $100 minimum but I guess not. The minimum additional purchase is $1 for the Total Stock Market fund and I assume most (all?) funds would be the same.
by CABob
Mon May 14, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Considerations in selecting a hearing aid
Replies: 21
Views: 1694

Re: Considerations in selecting a hearing aid

I have some hearing loss primarily having difficulty hearing high frequency voices (DW and DD) and problems in areas with a lot of interfering sounds such as restaurants, gathering of a number of people, multiple conversations, etc. I went to a HA dispenser (not an audiologist) and had hearing teste...
by CABob
Sun May 13, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Two Fund or A Managed Portfolio?
Replies: 13
Views: 1143

Re: Vanguard Two Fund or A Managed Portfolio?

A 1% fee to the adviser and 0.57 expense ratio going to the mutual fund companies is almost 1.2% coming off the top of whatever the adviser's portfolio might make in gains. This can be compared to a 0.2 % or less ER with a simple portfolio. The adviser's proposed portfolio is similar to others I hav...
by CABob
Sat May 12, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 4663

Re: Is Whole Life Insurance Worth It?

I have a good friend in the insurance industry who has recommended looking into a whole life policy. Correction: You have a friend that would like to earn a commission on an insurance policy sale. I have an insurance policy that was started for me by parents when I was a teenager or younger that I ...
by CABob
Sat May 12, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Semi-windfall for a long-time Boglehead
Replies: 23
Views: 3244

Re: Semi-windfall for a long-time Boglehead

I don't think there is anything you could or should do at this point other than posting your concerns on this forum. Once you have received the windfall or at least know when it will happen and how much it will be may be the time to start doing something. This first something I think would be benefi...
by CABob
Thu May 10, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 71
Views: 15167

Re: Savings Bond Wizard to be eliminated 5/18

I moved my SB Wizard inventories to the SB Calculator over the weekend. The transfer went without a problem and the saved file opened up later without a hitch. In terms of functionality the SB Calculator seems to do everything I used SB Wizard for so no worries there. At least for me this was as pa...
by CABob
Thu May 10, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: How to pass life insurance proceeds from my parents' second to die policy on to my children tax free?
Replies: 17
Views: 1319

Re: How to pass life insurance proceeds from my parents' second to die policy on to my children tax free?

I don't have an answer but do have a couple of questions which might lead one to a solution. How do you siblings feel about the issue? Would your parents be agreeable to changing the beneficiaries to their policy? Perhaps all of their grandchildren to receive a share of the benefit directly. If all ...
by CABob
Thu May 10, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: how to figure that shoes need replacing
Replies: 30
Views: 2509

Re: how to figure that shoes need replacing

I understand and concur with all of the visual signs on the outside of the shoes (including the duct tape) but it seems to me that something happens internally that affects comfort and other issues. Doesn't the sole of the shoe break down so it doesn't provide the support, cushioning and fit of the ...
by CABob
Mon May 07, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Means of Titling/Re-Titling [checking acct into] my RLT?
Replies: 20
Views: 1379

Re: Means of Titling/Re-Titling [checking acct into] my RLT?

Also, see if they will accept a certification of the trust. Under the Uniform Trust Code, adopted in many states, this is supposed to suffice, but of course the financial institution is in control. Is the certification of the trust a document that an estate lawyer would typically provide? ...At a m...
by CABob
Mon May 07, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Means of Titling/Re-Titling [checking acct into] my RLT?
Replies: 20
Views: 1379

Re: Means of Titling/Re-Titling [checking acct into] my RLT?

When I did this recently, the bank asked to see the trust, then copied only three pages of it for their records. Perhaps they just want to be assured that the missing pages do not contain any provisions that would be unacceptable or of concern to them.
by CABob
Mon May 07, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: DRIP (Dividend Reinvestment Plan)
Replies: 21
Views: 2179

Re: DRIP (Dividend Reinvestment Plan)

I am thinking about buying stocks, and I was wondering if a DRIP plan is good. I've never bought stocks before. It may depend on what you mean by a DRIP plan. As others have pointed out, DRIPs became somewhat popular when brokerage accounts, commissions, etc. were much different that they are today...
by CABob
Mon May 07, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 vs Capital One Money Market
Replies: 12
Views: 5059

Re: Capital One 360 vs Capital One Money Market

Sometime last year, perhaps when reading this conversation, I talked with Cap 1 since I was possibly interested in converting my 360 account to the MM account. I was told at the time that I couldn't convert the account but could open a new MM account and then would be able to mover $ from one accoun...
by CABob
Sun May 06, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Fund/Funds for retired person who doesnt rely on the money
Replies: 12
Views: 838

Re: Fund/Funds for retired person who doesnt rely on the money

I think the first priority is to invest in a way that makes him most comfortable. I suggest an appropriate VG Life Strategy or Target Retirement fund. From your description this would be very similar to how it is invested currently with MM at presumably much lower expenses.
by CABob
Sat May 05, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Why are two almost identical value ETFs (MGV and VTV) priced so differently?
Replies: 20
Views: 1825

Re: Why are two almost identical value ETFs (MGV and VTV) priced so differently?

nisiprius wrote:
Wed May 02, 2018 4:38 pm
Basically, one is selling milk in quarts and one is selling milk in gallons.
I like this analogy but I would add, "and all you are looking for is a glass of milk."
Thanks Nisi.
by CABob
Fri May 04, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target retirement funds
Replies: 28
Views: 4813

Re: Vanguard Target retirement funds

Adding a target retirement fund when you already have a Three Funds portfolio just muddies the water in my opinion. Target retirement funds are intended to be your first fund that someday you can graduate out of it. +1 except I graduated out a three (or 4 or 5) fund portfolio into a target date fun...
by CABob
Thu May 03, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: New Medicare cards being mailed now - check your status
Replies: 5
Views: 514

Re: New Medicare cards being mailed now - check your status

Has anyone heard whether the new Medicare cards will be made more durable than the current cards. Something like a plastic card or at least a laminated paper would be a good idea I think.
by CABob
Wed May 02, 2018 3:24 pm
Forum: Forum Issues and Administration
Topic: Making it easier to track posts from the OP
Replies: 29
Views: 3382

Re: Making it easier to track posts from the OP

After CTRL-F search for "by opname" as that will only bring up posts that they initiate. Thanks for this. I have used the CTRL-F feature but hadn't thought of putting the "by" in front so quoted postings are not flagged. I also would prefer that the OP posts be color coded or some such to easily id...
by CABob
Tue May 01, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: At what point should you hire a financial advisor?
Replies: 25
Views: 2802

Re: At what point should you hire a financial advisor?

you need an accountant and estate planner more than you need a FA. I agree with this. The first thing that jumps out at me is the $12 MM in a checking account. If this is a single account is is way over the FICA insurance limit and you should address that issue if it is the case. Is this amount ear...
by CABob
Sat Apr 28, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Opps! EE Paper Bonds hit final maturity for the past four year--Taxes?
Replies: 14
Views: 1599

Re: Opps! EE Paper Bonds hit final maturity for the past four year--Taxes?

I converted a stack of paper bonds on Treasury Direct. It took a very long time. About half were past final maturity, by a long shot. Treasury Direct cashed the ones at or past final maturity and ACH’d the funds to our checking account. All the 1099s were issued for the same year we converted the b...
by CABob
Sat Apr 28, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Opps! EE Paper Bonds hit final maturity for the past four year--Taxes?
Replies: 14
Views: 1599

Re: Opps! EE Paper Bonds hit final maturity for the past four year--Taxes?

Any thoughts on if I deposit it at a bank that the 1099 will show the current year, vs. Treasury Direct?
My comment was assuming you were cashing at a bank and to be honest I'm not positive in either case.
by CABob
Sat Apr 28, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Opps! EE Paper Bonds hit final maturity for the past four year--Taxes?
Replies: 14
Views: 1599

Re: Opps! EE Paper Bonds hit final maturity for the past four year--Taxes?

I suggest that you wait until you see the 1099. I suspect that it will not identify the year the bond reached final maturity.
by CABob
Mon Apr 23, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Score and Credit Cards
Replies: 20
Views: 1861

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: 744

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: 4092

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: 825

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: 730

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: 1057

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: 1057

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: 720

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: 7653

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: 828

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: 8489

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: 2220

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: 2374

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: 3803

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: 1588

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: 3661

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: 2220

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: 1131

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.