Search found 4630 matches

by CABob
Thu May 10, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: how to figure that shoes need replacing
Replies: 30
Views: 2543

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: 1414

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: 1414

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: 2230

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: 5353

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: 851

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: 1908

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: 5094

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: 521

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: 50
Views: 5218

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: 2850

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: 1612

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: 1612

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: 1612

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: 1891

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: 26
Views: 1379

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: 4158

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: 904

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: 743

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: 1094

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: 1094

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: 735

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: 7907

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: 873

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: 8653

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: 2243

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: 2401

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: 3819

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: 1605

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: 3697

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: 2258

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: 1140

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: 1549

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: 810

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: 810

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: 810

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: 4960

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: 1258

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: 1258

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: 1258

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: 4712

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: 3626

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: 8520

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: 2588

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: 10432

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: 2402

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: 2402

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: 5937

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...