Search found 4509 matches

by CABob
Thu Jan 11, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Wills and Trusts - what are you doing for the "immediate family all gone" scenario?
Replies: 8
Views: 699

Re: Wills and Trusts - what are you doing for the "immediate family all gone" scenario?

As you rightly indicated this would be a very unlikely event. Personally, I think I would be inclined to let the state and courts take care of it should it happen. In other words, ignore it for now.
by CABob
Sun Jan 07, 2018 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account at TD to Vanguard
Replies: 4
Views: 414

Re: Taxable Account at TD to Vanguard

I believe that most of your transactions will be commission free when they get into Vanguard accounts so I would think you would want to move them in-kind to Vanguard then make the portfolio changes. There may be a transaction fee to sell the DFA funds. You should probably check to see what the acco...
by CABob
Sat Jan 06, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 4546

Re: Downsizing to one car in retirement...

We've been retired for about 15 years and are still a two vehicle couple. I bought a new truck about 7 years ago. I must admit that it is not often that both vehicles are in use at the same time, but those few times would make it inconvenient to get by on one car. On the other hand I now have a 7 ye...
by CABob
Sat Jan 06, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: portable chargers for electronic devices
Replies: 35
Views: 2162

Re: portable chargers for electronic devices

There is also the hand cranked generators often with a radio and flashlight. This would be an awful lot of cranking for all of the devices you mentioned however.
by CABob
Thu Jan 04, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12266

Why Edward Jones?

There seems to be a large number of post on this forum that go something like, “I’ve had an account with Full Service Broker for some time and realize that I might save some money buy going to another broker such as Fidguard.” The post generally goes on about the number of funds (or stocks), the exp...
by CABob
Tue Jan 02, 2018 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing 401k in January?
Replies: 11
Views: 1388

Re: Maxing 401k in January?

If there is no company match to be concerned about, or if the company will do a full true-up match contribution at the end of the year, then go for it. Be cautious, however, with how and when the company does its true-up. Many of those I have heard about doesn't do its true-up until March or April ...
by CABob
Tue Jan 02, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing 401k in January?
Replies: 11
Views: 1388

Re: Maxing 401k in January?

Probably no problem in doing this as long as you understand your employer's matching procedure and you make sure you are not losing out or excessive delays on any of the matching funds.
by CABob
Sat Dec 30, 2017 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 67
Views: 7539

Re: Using Vanguard’s advisors

fear/greed wrote:
Sat Dec 30, 2017 8:30 pm
They check the account four times a year and rebalance if the asset allocation is more than 5% off, and they lock in the asset allocation so that it's difficult to change (perhaps as a deterrent to selling in fear in a market collapse).
How do they do that?
by CABob
Fri Dec 29, 2017 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Income Fund - Only 20% stocks?
Replies: 20
Views: 2402

Re: LifeStrategy Income Fund - Only 20% stocks?

Not responsive to your question, but I find it interesting that the VG LS Income fund is 20/80 while the TR Income fund is 30/70. Can someone explain this apparent discrepancy on the part of the VG decision makers? Not sure. However, if the VG LS fund was 30/70 or the TR Income Fund was 20/80, you ...
by CABob
Fri Dec 29, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 67
Views: 7539

Re: Using Vanguard’s advisors

Any thoughts or recommendations. Thinking about moving funds to a trust account and also getting advice about T-IRA conversions to Roth IRA’S. Have you had good experience with Vanguard’s advisors ? If you are considering whether to set up a trust I don't think the VG would be the ones to advise. I...
by CABob
Fri Dec 29, 2017 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Income Fund - Only 20% stocks?
Replies: 20
Views: 2402

Re: LifeStrategy Income Fund - Only 20% stocks?

Not responsive to your question, but I find it interesting that the VG LS Income fund is 20/80 while the TR Income fund is 30/70. Can someone explain this apparent discrepancy on the part of the VG decision makers?
by CABob
Thu Dec 28, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Sell some taxable to contribute to traditional IRA?
Replies: 8
Views: 820

Re: Sell some taxable to contribute to traditional IRA?

Will you have a capital gain or loss in the taxable account you would be selling?
This might be the deciding factor to me.
by CABob
Wed Dec 27, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Bogle's Book Comparisons
Replies: 3
Views: 500

Re: Bogle's Book Comparisons

I believe that both books have been reviewed at books along with a number of other books. Suggest you read some of the reviews for an educated basis of choice.
by CABob
Wed Dec 27, 2017 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in Target fund or 3 fund portfolio?
Replies: 14
Views: 1711

Re: Invest in Target fund or 3 fund portfolio?

The advantage to the target fund is simplicity. You don't have to worry about re-balancing and the time it takes to accomplish it. The advantages of the 3 fund are perhaps lower expense ratios and a more precise control over asset allocation. I am not that familiar with Schwab but at Vanguard you ca...
by CABob
Wed Dec 27, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 65
Views: 9048

Re: Do any of you follow Bob Brinker?

I followed his radio show for many years although not so much in recent years. I even subscribed to his newsletter for a couple of years but did not follow his recommendations. I think the title of his newsletter, Market-timer, is a bit misleading since it appeared to me that his portfolio changes w...
by CABob
Wed Dec 20, 2017 4:51 pm
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 103
Views: 12478

Re: Any Instant Pot users here?

I see that a number of posters have mentioned using the instant pot for hard boiled eggs. I have been using an egg cooker similar to this one an like it very well. It also makes soft boiled eggs and the eggs seem to peel very easily and am wondering how the instant pot compares. Do you have to pierc...
by CABob
Mon Dec 18, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 103
Views: 12478

Re: Any Instant Pot users here?

Is there something special about newspaper such that other paper or absorbent material (or other "quality of importance") wouldn't work? Probably not but I normally have a supply of newspaper handy. I would think that any paper with similar absorbent properties would work. Why do many suggest the u...
by CABob
Mon Dec 18, 2017 8:04 pm
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 103
Views: 12478

Re: Any Instant Pot users here?

The only downside we’ve seen so far is that the gasket around the lid retains smells. Try removing the gasket, clean and dry and wrap it in newspaper and store outside of the pot. We have an electronic pressure cooker which we like very much. Have considered the instant pot but I think we would use...
by CABob
Thu Dec 14, 2017 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Wow. Just Wow.
Replies: 29
Views: 5343

Re: Wow. Just Wow.

A couple of newspapers in my area do the "best of" thing yearly (in fact I'm wondering if you are in the same area as I). The votes are from the readers but I can see how EJ could "win" such a survey. I live in a very small community and I believe there are at least three EJ offices. They are typica...
by CABob
Wed Dec 13, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 119
Views: 11556

Re: TaxAct and alternatives

Is anyone familiar with TaxSlayer? https://www.taxslayer.com/
It appears that this is for online use only with no downloaded application available. Is that correct?
Has anyone used it who may have some comments about it?
by CABob
Tue Dec 12, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 49
Views: 3524

Re: Play money individual stocks, which ones?

I don't consider this to be "play money" but I do have investments in Caterpillar, General Electric, Huntington Ingalls, McDonald, Northrop, and AT&T. They are all long term holdings, dividend payers, and were bought well before my Boglehead days that might be considered in the "blue chip" category....
by CABob
Sun Dec 10, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 61
Views: 3075

Re: What MPG App Do You Use To Track Fuel Usage ?

I paid about $1.20/gallon in 1963 What kind of gas was that? :shock: The first time I saw gas over $1.00 was in the late 1970s. That was California gas but I did misquote the date. It was in 1993. We have always paid more than the rest of the world. I would have to go to my pencil and paper files f...
by CABob
Sun Dec 10, 2017 6:46 pm
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 61
Views: 3075

Re: What MPG App Do You Use To Track Fuel Usage ?

I'm old school. I write it in a paper notebook I keep in the car, and transcribe it to a spreadsheet when I get home. +1 I have done this religiously for many years, but I sometimes wonder why. I don't do anything with the data and it doesn't change any habits of mine. I used to think that it would...
by CABob
Sat Dec 09, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: Did Capital One 360 Savings raise rates?
Replies: 31
Views: 4469

Re: Did Capital One 360 Savings raise rates?

The only downside I am aware of is that every time I call them to ask, they tell me the MM and 360 accounts don’t support trusts. So if you want to have it in a living trust, they can’t help. Yet. I had called Capital One 360 regarding Trusts a few weeks ago. They do not support trusts for new acco...
by CABob
Fri Dec 08, 2017 1:33 pm
Forum: Investing - Theory, News & General
Topic: Did Capital One 360 Savings raise rates?
Replies: 31
Views: 4469

Re: Did Capital One 360 Savings raise rates?

The only downside I am aware of is that every time I call them to ask, they tell me the MM and 360 accounts don’t support trusts. So if you want to have it in a living trust, they can’t help. Yet. I'm not sure that is correct. I have a 360 savings account that I changed to be in the name of my trus...
by CABob
Thu Dec 07, 2017 11:44 pm
Forum: Investing - Theory, News & General
Topic: investing in taxable accounts
Replies: 10
Views: 1838

Re: investing in taxable accounts

Total Stock Market fund for its tax efficiency and long term performance. I also have fairly high cash allocation so I have bank saving accounts and money market funds.
by CABob
Sun Dec 03, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: Charitable donations through Betterment
Replies: 1
Views: 352

Charitable donations through Betterment

I recently received correspondence about Betterment's process for donating securities from an account. I'm not a Betterment client but the correspondence implied that the process was more convenient than what is offered through other financial institutions. Can anyone share information about the pro...
by CABob
Thu Nov 30, 2017 11:02 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 12704

Re: Price of haircut?

DD used to cut it for "free", but free usually involved a 200 mile drive and lunch for four. She is now working at a higher end place which is closer so I "only" pay about $30 and only a 100 mile drive.
:oops:
by CABob
Thu Nov 30, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Reduce risk tolerance - Vanguard Target Funds
Replies: 43
Views: 2193

Re: Reduce risk tolerance - Vanguard Target Funds

I was essentially looking at this as two different buckets of money(call it 1A( existing $ amount ) that I've been contributing for the past 1-2 decades and 1B( new $ contribution amount ) that I intend to contribute for next 1-2 decades). The bucket approach is useful to many but it is really just...
by CABob
Thu Nov 30, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Reduce risk tolerance - Vanguard Target Funds
Replies: 43
Views: 2193

Re: Reduce risk tolerance - Vanguard Target Funds

Here is my thinking - poke any holes in it :D Existing $ in 401k - If I want to take on lower risk and say, want to invest in Vanguard 2030 fund(71.26% Stocks/28.71% Bonds). I believe its as simple as exchanging one fund for another i,e. 2050(sell) for 2030(buy). Correct? New contribution $ into 40...
by CABob
Thu Nov 30, 2017 12:07 am
Forum: Investing - Help with Personal Investments
Topic: When to open Vanguard account?
Replies: 14
Views: 1166

Re: When to open Vanguard account?

Where is the money currently? If it is invested or in a savings account there will be taxes due on any earnings on it.
The Total Stock Market fund will have a distribution sometime near the middle of December. You might want to wait until after that occurs.
by CABob
Fri Nov 24, 2017 8:01 pm
Forum: Personal Consumer Issues
Topic: I bought Vanguard Index Funds to get the black friday shopping out of my system
Replies: 17
Views: 1684

Re: I bought Vanguard Index Funds to get the black friday shopping out of my system

Also thinking of replacing my clock radio since it changes between standard and daylight savings time on the wrong weekends. Does anyone market a clock radio with an atomic clock? I don't think I have seen one, but it seems like a good idea. Never mind, I see that Amazon is way ahead of me https://...
by CABob
Thu Nov 23, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 10483

Re: Regrets for taking SS at 62 or waiting?

I retired and started receiving SS benefits at 63. I have no regrets although I have since come to the opinion that it might have been better to have waited. If you are married also consider that a surviving spouse might want to collect on their spouses account after the first passing.
by CABob
Thu Nov 23, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity or lump sum
Replies: 8
Views: 771

Re: Annuity or lump sum

$3000/month is a 6% return on the $600,000 cash amount. That plus the COL adjustment makes the annuity seem quite attractive.
by CABob
Sun Nov 19, 2017 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: [Switching from Target Date fund to 3-fund portfolio - How?]
Replies: 9
Views: 1594

Re: [Switching from Target Date fund to 3-fund portfolio - How?]

I can't speak for Fido since I do not have an account with them, but at Vanguard it would be very easy online transactions. I would expect that Fido would be similar. At VG you would go to your Target Date fund online and make three exchanges from that fund into the three funds specifying the amount...
by CABob
Sun Nov 19, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to take income from IRA?
Replies: 8
Views: 739

Re: How to take income from IRA?

g) Take distributions in whatever manner maintains your desired asset allocation. Everything that is taken from a traditional tax deferred account will be taxed at your ordinary income tax rate. For this reason it is not important whether distributions come from capital gains, dividends or principle...
by CABob
Fri Nov 17, 2017 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why did Vanguard drop TurboTax?
Replies: 16
Views: 3661

Re: Why did Vanguard drop TurboTax?

I don't know the answer but I suspect it had to do with getting an acceptable agreement with TurboTax. It was dropped at about the time TT was going through some organizational changes.
by CABob
Thu Nov 16, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: Scottrade to TDA
Replies: 24
Views: 2391

Re: Scottrade to TDA

My local Scottrade office will be closed at the end of the year, and its employees laid off :( How did you hear about this? Is there a TDA office near to you? I also have been with Scottrade for a number of years and am taking a wait and see approach. I don't have a TDA office nearby so I was assum...
by CABob
Wed Nov 15, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: sell fidelity index mutual fund and replace with etf index for tax benefit?
Replies: 21
Views: 2497

Re: sell fidelity index mutual fund and replace with etf index for tax benefit?

Why does FSTVX have such high capital gains distributions while ITOT and Vanguard's VTSMX not have them?
by CABob
Wed Nov 15, 2017 2:21 pm
Forum: Investing - Theory, News & General
Topic: Taking RMD'S
Replies: 15
Views: 1739

Re: Taking RMD'S

jefmafnl wrote:
Wed Nov 15, 2017 12:50 pm
If one wishes to donate some (but not all) of the RMD: does Vanguard have a minimum?

J
I'm not sure, but I have made QCDs as low as $50.
by CABob
Mon Nov 13, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 69
Views: 5768

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

No. That would be quite irrational. If you wouldn't repurchase the position at the current price, how much you've lost on it over the years is entirely irrelevant. I've heard and used this statement myself, but is it also correct compare it to "If you were currently offered this stock at no cost, w...
by CABob
Sat Nov 11, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Target fund replacement with access to Admiral shares
Replies: 11
Views: 1529

Re: Target fund replacement with access to Admiral shares

As I look up the costs for the four component funds of the target date fund, it appears that they add up to .32% for the Admiral shares. Is this correct? I guess I’ll just have to pay the 60 bucks and stick with what I have. I think you have miscalculated the ER. You cannot just add the ERs of the ...
by CABob
Fri Nov 10, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 69
Views: 5768

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

My real monument or reminder is a paper certificate (remember those?) (suitable for framing!) of a stock bought as a result of a cold calling broker that I followed through a couple of brokerage changes watching the stock go down and a reverse split. I eventually asked for the certificate because I ...
by CABob
Fri Nov 10, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Is using a Roth IRA for saving for a vacation in 10 years a good idea?
Replies: 11
Views: 1152

Re: Is using a Roth IRA for saving for a vacation in 10 years a good idea?

I think that you may be tying yourself into something that will (or may) happen in 10 years. I suggest that you invest currently in a traditional IRA, Roth IRA, and perhaps a taxable account to the extent you can. Review your progress in five years and perhaps reevaluate. Then as you approach the ti...
by CABob
Fri Nov 10, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 69
Views: 5768

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

My GE stock is getting close to that point! :( You beat me to it. Also I let them get away with hiring me as a contractor instead of as an employee. :oops: Another GE "investor" here. One of a small handful of stocks left over from my pre-Boglehead days. All have unrealized capital gains which make...
by CABob
Fri Nov 10, 2017 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Target fund replacement with access to Admiral shares
Replies: 11
Views: 1529

Re: Target fund replacement with access to Admiral shares

Holding the four funds that are currently in the target retirement fund would be good if you want an exact replacement. Wellington would be a change in philosophy in that you would be changing from index funds to a managed fund. Not a bad idea but a significant change.
by CABob
Thu Nov 09, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: VFIAX vs. VSMAX [Vanguard 500 Index vs. Small-Cap Index]
Replies: 6
Views: 880

Re: VFIAX vs. VSMAX

it looks like VSMAX did better over the last ten years... Since they are both index funds I don't think you should base a decision over past performance, even for 10 years. I would assume, although perhaps you should check, that they followed their respective indexes. The decision is whether you wa...
by CABob
Sun Nov 05, 2017 7:32 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2162
Views: 1349082

Re: The Three-Fund Portfolio

Right away, though, I have a question about rebalancing. I don't understand how this portfolio "automatically rebalances." Like everyone's portfolio in 2008, my equities decreased more than bond holdings and rebalancing required more money to stocks. 2008 is an exaggerated example, but a little dri...
by CABob
Sun Nov 05, 2017 12:43 pm
Forum: Investing - Theory, News & General
Topic: "Why You Should Choose Vanguard"
Replies: 4
Views: 1004

Re: "Why You Should Choose Vanguard"

Nice article. I didn't learn much new but the reminder is always good. Would be a good reference to some of the questions that are posed on this forum. Thanks, Taylor.