Search found 466 matches

by KlingKlang
Fri Feb 12, 2016 1:45 pm
Forum: Investing - Theory, News & General
Topic: Any regrets by people 50+ for having a conservative portfolio in their 30's
Replies: 68
Views: 9490

Re: Any regrets by people 50+ for having a conservative portfolio in their 30's

Our 30's happened back in the 1980's, and during that time our IRA investments were 100% in S&L CDs yielding in the range of 8 to 12%. After tax investments were in savings accounts, savings bonds, an employer savings plan and an employer stock plan. My first mutual fund IRA investment was in Va...
by KlingKlang
Sun Jan 17, 2016 11:12 am
Forum: Personal Consumer Issues
Topic: Amazon Prime: doing the math...is it worth it?
Replies: 111
Views: 14244

Re: Amazon Prime: doing the math...is it worth it?

Another person here who doesn't have Amazon Prime but always buys enough to get free shipping. I also have very few purchases that I need to get delivered in two days, either something vital broke and I need to run to the hardware store to get the parts to repair it immediately or I can wait for a w...
by KlingKlang
Sun Jan 10, 2016 8:45 pm
Forum: Personal Consumer Issues
Topic: Warm vacation in January.
Replies: 20
Views: 2904

Re: Warm vacation in January.

Singapore is guaranteed to be warm every day of the year.
by KlingKlang
Thu Dec 31, 2015 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Question
Replies: 30
Views: 2645

Re: Health Insurance Question

If I put my last few months pay check in 401K will it count as income for 2016? Thanks Retirement plans such as 401(k) and 403(b) are not included in AGI and are already subtracted out of W-2 wages and salaries. In addition if you make 2016 contributions to a Traditional IRA those will reduce your ...
by KlingKlang
Wed Dec 30, 2015 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Question
Replies: 30
Views: 2645

Re: Health Insurance Question

OP, do not hesitate to investigate healthcare coverage under the ACA in 2016 as soon as you lose your company coverage. First, this is a qualifying event so you will be able to apply for exchange coverage through your state site or Healthcare.gov immediately. Second, when you fill out form 8962 for ...
by KlingKlang
Wed Dec 30, 2015 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Should I pay 529 penalty to help my Dad?
Replies: 9
Views: 1160

Re: Should I pay 529 penalty to help my Dad?

While it is very generous of you to want to help your father, first make sure that this isn't a 'put on your own oxygen mask first' situation. Is your income enough to meet your own needs? Other useful information would be the size of the 529 account and whether it was intended for yourself, your ch...
by KlingKlang
Mon Dec 14, 2015 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Do I have mistakes in my portfolio?
Replies: 17
Views: 2988

Re: Do I have mistakes in my portfolio?

No glaring errors. (Hey, it's all Vanguard ) Just eyeballing your accounts you seem to be tilted toward large value stocks. If you want a better analysis you can type your account information into Morningstar's X-Ray tool. Key factors here are that a primary goal of these investments is to leave an ...
by KlingKlang
Wed Nov 25, 2015 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited Savings account & Taxes
Replies: 20
Views: 2128

Re: Inherited Savings account & Taxes

On the other hand - - My mother spent the day after her mother died cleaning out about $800K of joint bank accounts that the will specified be divided equally between her, her brother, myself, and four cousins. On the other other hand her brother, who was unaware of this, demanded half of the $290K...
by KlingKlang
Tue Nov 24, 2015 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited Savings account & Taxes
Replies: 20
Views: 2128

Re: Inherited Savings account & Taxes

Hi, thanks for your response. The account was left jointly via a will. As were all assets. I believe the stepmom was dragging her feet because she also needs to pay my wife half of what the condo she is currently living in is worth. I don't believe her stepmom is up to anything nefarious, they have...
by KlingKlang
Tue Nov 17, 2015 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: College Engineering Programs - how different are they?
Replies: 152
Views: 11888

Re: College Engineering Programs - how different are they?

Each college should be able to tell you the percent of students in that major who had job offers by graduation and what their average salary was. If he knows that he will be going directly from undergrad to graduate school be aware that most universities give priority in admission and grants to stud...
by KlingKlang
Sat Nov 07, 2015 10:49 am
Forum: Personal Consumer Issues
Topic: Whisky Recommendations
Replies: 109
Views: 13197

Re: Whisky Recommendations

Several people have recommended Costco as a source for reasonably priced whiskey. Unfortunately I live in the Great State of Ohio where spirits have to be purchased in a limited number of state licensed liquor stores (which Costco is not) with a limited selection of brands. Can anyone tell me which ...
by KlingKlang
Mon Nov 02, 2015 2:50 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Calculated Dividend Incorrectly]
Replies: 65
Views: 5201

Re: [Vanguard Calculated Dividend Incorrectly]

So now instead of correcting the transaction amounts they are displaying two transactions: the original low amount and a makeup amount. The "Income returns" column on the "Balances and holdings - Balances over time" page hasn't been corrected.
by KlingKlang
Sat Oct 31, 2015 3:14 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Calculated Dividend Incorrectly]
Replies: 65
Views: 5201

Re: Vanguard Calculated Dividend Incorrectly

Had the same problem with VOHXX and VOHIX. Dividends are posted way low but the balances look correct.
by KlingKlang
Sat Oct 31, 2015 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Help with career path
Replies: 15
Views: 1898

Re: Help with career path

jjface wrote:How many hours does your paper job take in the morning? Sorry I'm off topic but I was curious - sounds like an interesting side gig if you have children to look after.


Ditto. My wife works 34 hours a week as a retail clerk and makes $9K.
by KlingKlang
Sat Oct 31, 2015 2:33 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Calculated Dividend Incorrectly]
Replies: 65
Views: 5201

Re: Vanguard Ohio MM and LT Bond Funds Dividends

Thank you for the tables. VOHIX which had a $391.80 distribution last month only shows a $12.77 distribution for this month, but the total on the balances page is $410.08 higher with the fund price unchanged. Right now I'll assume that it's a glitch and phone in if it isn't cleared up on Monday.
by KlingKlang
Sat Oct 31, 2015 2:20 pm
Forum: Personal Consumer Issues
Topic: New Car - Acceptable Initial Mileage ?
Replies: 27
Views: 20182

Re: New Car - Accepatble Initial Mileage ?

Interesting. My current Chevy Malibu had 495 miles on it when I purchased it 'new' in 2004. The salesman gave me the story that it had been driven in from Detroit. He wasn't the brightest bulb in the bunch (he forgot to ask for the check when I picked up the car). I did get a discount but that was s...
by KlingKlang
Sat Oct 31, 2015 2:04 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Calculated Dividend Incorrectly]
Replies: 65
Views: 5201

Vanguard Ohio MM and LT Bond Funds Dividends

[Thread merged into here, see below. --admin LadyGeek] Did anyone else notice a problem with the Vanguard Ohio Tax-Exempt Money Market (VOHXX) and Ohio Long-Term Tax-Exempt (VOHIX) funds dividend received transactions for this month? The totals look OK but the dividend amounts are about 3% of what ...
by KlingKlang
Sat Oct 24, 2015 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Looking for feedback on my overall status
Replies: 13
Views: 1578

Re: Looking for feedback on my overall status

KlingKlang wrote: This is not the majority opinion of Bogleheads, but I am a proponent of early retirees having substantial taxable financial assets. This gives you flexibility for tax planning and in obtaining the maximum benefits if you decide to obtain health insurance coverage through ACA. You ...
by KlingKlang
Fri Oct 23, 2015 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Looking for feedback on my overall status
Replies: 13
Views: 1578

Re: Looking for feedback on my overall status

I am 56 1/2 and eyeing retirement at 59 1/2 or possibly earlier if one of my parents has a health event. I am looking for input on my current financial status and "gotchas" I might not be considering as I position myself for retirement. I have been budgeting and tracking my expenses and t...
by KlingKlang
Mon Sep 28, 2015 2:21 pm
Forum: Personal Consumer Issues
Topic: Any Regrets Getting Rid of Land Line?
Replies: 74
Views: 9365

Re: Any Regrets Getting Rid of Land Line?

mptfan wrote:I cancelled my landline several years ago, and I do have one regret...that I did not do it sooner.


Exactly. Now we get to eat dinner without getting 'surveys' on whether we plan to buy replacement windows.
by KlingKlang
Mon Sep 28, 2015 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my 76 year old mom invest in Vanguard
Replies: 7
Views: 1022

Re: Helping my 76 year old mom invest in Vanguard

$550/month is a 5% annual withdrawal rate on $130K, which you state is currently borderline given your mother's needs. This is going to be difficult to achieve consistently even with Vanguard funds. I would suggest that you look into SPIAs.
by KlingKlang
Mon Sep 28, 2015 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Recently retired, Am I on sustainable path?
Replies: 7
Views: 1777

Re: Recently retired, Am I on sustainable path?

You have almost the same level of assets and number of funds that I do (i.e. probably too many). Even if you have no control over your wife's investments, consider them together with your own for asset allocation purposes. Have a plan, preferably written down, for adding and deleting funds, otherwis...
by KlingKlang
Wed Sep 23, 2015 10:59 am
Forum: Personal Consumer Issues
Topic: Connections that save you money
Replies: 51
Views: 7497

Re: Connections that save you money

Hello Bogleheads, I watch my pennies in many aspects of life and "splurge" in others. There are a multitude of savvy posters on this site and I'd imagine that as a collective many of them have discovered incredible deals or channels in which to save money. I'd like to open a thread, albei...
by KlingKlang
Wed Sep 23, 2015 10:51 am
Forum: Personal Consumer Issues
Topic: Connections that save you money
Replies: 51
Views: 7497

Re: Connections that save you money

Nobody has challenged me on it and I'd be more than happy to let them accumulate their own if they'd wish - but I'm not volunteering. My company changed the travel policy from employees using their own cards to being required to get a corporate card that funneled off all the goodies. Nobody challen...
by KlingKlang
Sun Sep 20, 2015 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: The Most Important Factor in a College Student’s Success
Replies: 27
Views: 3842

Re: The Most Important Factor in a College Student’s Success

When I was in engineering school (obviously a while ago), the story the professors told was that the 'A' students went into research and made $16K/year, the 'B' students went into manufacturing and made $15K/year, and the 'C' students went into sales and made either $30K/year or nothing.
by KlingKlang
Wed Sep 16, 2015 10:21 am
Forum: Personal Consumer Issues
Topic: LED's for recessed ceiling lights
Replies: 15
Views: 1772

Re: LED's for recessed ceiling lights

I replaced the incandescent spotlight bulbs in my recessed ceiling lights with standard LEDs about a year ago and so far so good. Of course it will take about 9 more years to see if I get the expected life out of them.
by KlingKlang
Sun Sep 13, 2015 9:20 am
Forum: Personal Consumer Issues
Topic: What bed did you get your toddler and how long did you use it?
Replies: 31
Views: 4741

Re: What bed did you get your toddler and how long did you use it?

Our daughter went directly from her crib to the full sized bed and mattress that I had used at my parents' house. When kids fall out of bed onto a carpeted floor they are so relaxed that they just wake up and wonder how they got there. I never heard of an organic mattress. Is it stuffed with corn hu...
by KlingKlang
Fri Sep 11, 2015 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement planning
Replies: 9
Views: 874

Re: Help with retirement planning

One factor that I wasn't clear on - does your aunt want to move into the house in Florida, or would she consider selling it and either continue renting or buying a house in New York? She will be moving to the house in Florida. She will need to spend some money renovating it which I subtracted from ...
by KlingKlang
Fri Sep 11, 2015 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement planning
Replies: 9
Views: 874

Re: Help with retirement planning

One factor that I wasn't clear on - does your aunt want to move into the house in Florida, or would she consider selling it and either continue renting or buying a house in New York?
by KlingKlang
Tue Sep 08, 2015 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Life lessons: Making loans to friends. Insights? Revelations?
Replies: 191
Views: 23554

Re: Life lessons: Making loans to friends. Insights? Revelations?

Just a story about being on the opposite side of the fence. I borrowed a moderate amount of money, $15K, from my parents when I purchased my first condo because I thought that it would be better to pay interest to them rather than to a bank. Wrote up a formal promissory note with interest and princi...
by KlingKlang
Fri Sep 04, 2015 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: 401k is not set up at my new job yet...
Replies: 44
Views: 3997

Re: 401k is not set up at my new job yet...

If the company establishes the 401(k) before the end of the year you may want to inquire if they will allow you to make extra makeup contributions. If not, make the maximum contribution that they will allow for the remainder of the year. I'm confused by this... can I just make big payments to catch...
by KlingKlang
Thu Sep 03, 2015 9:58 am
Forum: Investing - Help with Personal Investments
Topic: 401k is not set up at my new job yet...
Replies: 44
Views: 3997

Re: 401k is not set up at my new job yet...

If the company establishes the 401(k) before the end of the year you may want to inquire if they will allow you to make extra makeup contributions. If not, make the maximum contribution that they will allow for the remainder of the year. Nothing wrong with having some investments in a taxable accoun...
by KlingKlang
Sun Aug 09, 2015 4:05 pm
Forum: Personal Consumer Issues
Topic: Anti-smartphone [basic phone + paper planner & address book] anyone??
Replies: 42
Views: 4531

Re: Anti-smartphone [basic phone + paper planner & address book] anyone??

Now when I go to a doctor, they sit down in front of a computer and ask me questions while typing in the information. No eye contact - the computer screen gets all the attention. I could sit there and make weird faces and nobody would know. I suppose if I had a coronary and fell out of the chair, t...
by KlingKlang
Fri Jul 24, 2015 11:23 am
Forum: Personal Consumer Issues
Topic: Asking for separate checks?
Replies: 88
Views: 9857

Re: Asking for separate checks?

What I hate is when I am on a business trip with co-workers who are people I would not normally hang out with. We went to dinner one time and a colleague had 3 ten dollar martinis and then when the bill came he wanted to split the check evenly. Fortunately, one colleague meticulously calculated how...
by KlingKlang
Wed Jul 22, 2015 10:54 am
Forum: Investing - Help with Personal Investments
Topic: LCOL, zero tax bracket, middle class retirement-OK to pull the trigger?
Replies: 15
Views: 3096

Re: LCOL, zero tax bracket, middle class retirement-OK to pull the trigger?

Once again, congratulations! It looks as if you didn't let the June 2015 financial results discourage you. They were not interested in having me work part time and it even looks like they will not be replacing me because of budget issues that I had not previously heard about. Isn't it amazing on how...
by KlingKlang
Fri Jul 17, 2015 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should severance be allowed to reduce emergency fund?
Replies: 23
Views: 2832

Re: Should severance be allowed to reduce emergency fund?

Keep in mind that companies are not required to offer severance pay, and that even if they did so in the past they can change their policy at any time. I received one DAY severance when I was laid off from my last job, and that was because they didn't notify me until after the end of the work day. E...
by KlingKlang
Thu Jul 16, 2015 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Covering from Retirement to Social Security
Replies: 11
Views: 2071

Re: Covering from Retirement to Social Security

The wildcard in your planning is how to cover health care until you are eligible for Medicare (assuming that you are living in the US). If you are planning on using ACA coverage, then there are significant benefits on keeping your MAGI (Modified Adjusted Gross Income) within certain low limits until...
by KlingKlang
Wed Jul 08, 2015 8:02 pm
Forum: Personal Consumer Issues
Topic: Is it a good idea to travel to Western Europe with kids?
Replies: 39
Views: 3498

Re: Is it a good idea to travel to Western Europe with kids?

If your vacation time is limited, be aware that travel to Western Europe realistically consumes an entire day in travel time (ground transportation, security/customs, flights, plane transfers, waiting) in each direction. Double that for Asia. Plus it's silly to spend that much for airfare and then g...
by KlingKlang
Tue Jun 16, 2015 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: planning for my widow: SS and my early death
Replies: 13
Views: 3245

Re: planning for my widow: SS and my early death

Forgive me if I'm stating the obvious, but you currently have 1.4 million in financial retirement assets which you expect to grow to 1.6 million (I assume that you are including your $400K house in the $2 million number) in three years. You haven't stated what your planned expenses are, but this amo...
by KlingKlang
Tue Jun 16, 2015 12:56 pm
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 21222

Re: Gifting Money at Parties

Some of this thread sounds as though people should just send an invoice rather than an invite. That would eliminate lots of speculation and everyone's intentions would be clear. I actually had this happen. I received a wedding announcement from an out of state cousin that made it very clear that I ...
by KlingKlang
Sat Jun 13, 2015 7:13 am
Forum: Investing - Help with Personal Investments
Topic: LCOL, zero tax bracket, middle class retirement-OK to pull the trigger?
Replies: 15
Views: 3096

Re: LCOL, zero tax bracket, middle class retirement-OK to pull the trigger?

Congratulations on making it to the home stretch. Two factors that I didn't see mentioned were whether you have any pensions and how you are going to bridge your health insurance between retirement and Medicare. If you go with ACA coverage your $65K annual income will be too high for any premium sub...
by KlingKlang
Wed May 27, 2015 7:10 pm
Forum: Personal Consumer Issues
Topic: Money and cell phones when traveling to Canada
Replies: 40
Views: 4011

Re: Money and cell phones when traveling to Canada

For what it's worth, when you are within sight of the Niagara River (Fort Erie, Niagara Falls, Niagara on the Lake) you will be able to pick up a US cell connection. An ATM withdrawal is about the best exchange rate that you can get to obtain Canadian currency. Immediately before returning to the US...
by KlingKlang
Tue May 05, 2015 7:12 pm
Forum: Personal Consumer Issues
Topic: Looking to Retire in Cleveland
Replies: 32
Views: 3799

Re: Looking to Retire in Cleveland

I am currently living in a suburb of Cleveland in southwest Cuyahoga County. I would recommend against living in the city of Cleveland. Just go to m and check how many people were killed today. I would also recommend against living in Cuyahoga County. It has much higher property taxes than the surro...
by KlingKlang
Mon Apr 27, 2015 8:35 am
Forum: Personal Consumer Issues
Topic: Thinking about a new desktop PC.
Replies: 55
Views: 6106

Re: Thinking about a new desktop PC.

I have always purchased Dell desktops, but after getting my latest Dell XPS 8700 (Win 7 Pro 64 bit) this is it. It comes loaded with Dell crapware that supersedes the standard Windows utilities and doesn't work correctly. The hard drive access is so slow that I feel I am working with a PII rather th...
by KlingKlang
Sun Apr 26, 2015 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help - Am I being stupid?
Replies: 16
Views: 1970

Re: Help - Am I being stupid?

If you are being stupid then I was too. I always had a goal of having about half of my savings in taxable and half in tax advantaged with an emergency fund amount similar to yours. I never stayed awake nights worrying that I should have more money in tax deferred, and the after tax accounts really c...
by KlingKlang
Sun Apr 26, 2015 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio + Tax Concerns
Replies: 13
Views: 1229

Re: Vanguard Portfolio + Tax Concerns

First of all, congratulations at reaching such a fantastic financial position at the age of 36. You seem to like to do the same thing that I did, first fill up a money market account in each of your investment types (taxable, TIRA, RIRA, 401(k)) and then dribble money from that into investments. Unf...
by KlingKlang
Sun Apr 26, 2015 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Help with VAL policy, UTMA accounts, and EE/E Savings Bonds
Replies: 10
Views: 1170

Re: Help with VAL policy, UTMA accounts, and EE/E Savings Bo

Your parents should redeem the E bond that has matured (and invest it elsewhere or spend it or give it to you or whoever, their choice.) They will owe tax on all the accrued interest (unless they have a dependent with qualified education expenses Only EE/I Savings Bonds purchased in 1990 or later q...
by KlingKlang
Tue Apr 21, 2015 7:56 pm
Forum: Personal Consumer Issues
Topic: European Cruises
Replies: 29
Views: 2945

Re: European Cruises

Question for people who have river cruised in Europe in the past (on Viking or similar): what is the social scene like on the boat? Is it possible to spend time on your own, or are the meals and excursions, etc, fairly community oriented? We will take our 3d Viking River Cruise this fall from Nurem...
by KlingKlang
Tue Apr 21, 2015 3:56 pm
Forum: Personal Consumer Issues
Topic: European Cruises
Replies: 29
Views: 2945

Re: European Cruises

Question for people who have river cruised in Europe in the past (on Viking or similar): what is the social scene like on the boat? Is it possible to spend time on your own, or are the meals and excursions, etc, fairly community oriented? We took the Viking Rhine Getaway cruise last August and this...