Search found 7202 matches

by tibbitts
Thu Jan 04, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: 31..any reason not to allocate 100% stocks in 403b?
Replies: 20
Views: 1421

Re: 31..any reason not to allocate 100% stocks in 403b?

Yeeahh, bit of a late start, I don't have much now. I plan to max out from now until FIRE, fingers crossed. That's pretty much what I was thinking, go in guns blazing. The only thing I could do with a bonds allocation is dump it in when the market roughly bottoms out at some point. You'll have zero...
by tibbitts
Thu Jan 04, 2018 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Question on wills and advanced medical directives
Replies: 18
Views: 1275

Re: Question on wills and advanced medical directives

The financial firms usually have their own power of attorney forms they want you to fill out even if you have a durable power of attorney. The power of attorney would be valid only while you are alive. So the companies would need to know about it before your death. After you die the power of attorn...
by tibbitts
Thu Jan 04, 2018 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Question on Fixed part of my 3 fund
Replies: 2
Views: 269

Re: Question on Fixed part of my 3 fund

For the fixed part of my AA I use the stable value fund for the fixed (bonds) portion. Nationwide which manages my 457 just lowered the stable value fund from 3.5 to 3 percent for 2018. Nationwide stable value fund was at 3.5 for the last 10 years. So I don't think the rate will keep getting lower ...
by tibbitts
Wed Jan 03, 2018 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Living Trust - Will
Replies: 55
Views: 4230

Re: Living Trust - Will

Why do some consider it so important to have assets, particularly houses, pass via trusts rather than via a will and probate? I ask this not as a challenge but simply for information. The attorneys we dealt with for our last 3 wills (occasioned by moves to different states) seemed to think a trust ...
by tibbitts
Tue Jan 02, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Made a mistake setting up Ally CDs-any repercussions?
Replies: 4
Views: 936

Re: Help! Made a mistake setting up Ally CDs-any repercussions?

I don't know whether it can be fixed, or if you just have to pay the fees and move on. In any case the fees probably wouldn't be that much - maybe just enough to help you not make that mistake again.
by tibbitts
Mon Jan 01, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help my 7 year old daughter invest $50 of her Christmas money
Replies: 30
Views: 2391

Re: Help my 7 year old daughter invest $50 of her Christmas money

I will just say that I didn't even know what the word investing meant at that age, yet here I am at Bogleheads. Maybe invest in a savings account at the Bank of Mom and Dad that pays 100% annually. Hard to beat those returns. I don't think the amount of earnings from either a regular savings account...
by tibbitts
Mon Jan 01, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 55
Views: 8719

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

I wonder if the download time limit applies to the state version. You can't even download the state version yet. Also I wonder if there is a limit downloading updates. I've never used this product so I'm not sure if the state version will appear as a separate download that will be easy to copy/save ...
by tibbitts
Mon Jan 01, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: No earned income, how do you pay tax for pensions, SS and RMDs
Replies: 43
Views: 3691

Re: Retirees: No earned income, how do you pay tax for pensions, SS and RMDs

I think a loan to uncle sam in a 1% interest rate world isn't that big a deal, even up to the OP's $10k (it's spread out over the year so more like $5k.)
by tibbitts
Mon Jan 01, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid state income tax on Roth IRA contribution?
Replies: 16
Views: 1774

Re: Avoid state income tax on Roth IRA contribution?

I don't know but here in Oklahoma I already take $10k from my traditional IRA every year for Roth conversion, which as far as I know is the limit for state-tax-free treatment.
by tibbitts
Mon Jan 01, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Has 21% corp tax and deregulation already been factored into equity prices?
Replies: 8
Views: 770

Re: Has 21% corp tax and deregulation already been factored into equity prices?

Based on my other thread about my 401K, I've been doing a lot of reading and research thanks to the pointers I was given. One question: Jack Bogle, as well as others, all say the stock market will most likely enter a more temperate phase over the next few years as compared to the last couple of yea...
by tibbitts
Mon Jan 01, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1752
Views: 311842

Re: What are you up YTD? [Year To Date]

I have no idea but I doubt it's double-digits, with a half or so in fixed income and bond funds returning around 2% or less.
by tibbitts
Mon Jan 01, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Plow Guy Raised Rates
Replies: 112
Views: 9454

Re: Plow Guy Raised Rates

if this is about principle instead of $5, would those "principled" posters here consider finding a new vendor if the snow plow guy dropped his prices $5 this year instead of raising it $5? After all, the guy said the price would remain the same. Would you insist on paying last years rate? Who's kid...
by tibbitts
Mon Jan 01, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: SWR, different perspective.
Replies: 38
Views: 3131

Re: SWR, different perspective.

I think neither of these curves fit today's retiree... at least the retiree we might find on this .org, as do many of the other WR paper authors that come here to post. I may be way wrong and you are very free to say so, but I think the WR basis varies differently. So here comes the question..........
by tibbitts
Mon Jan 01, 2018 2:17 am
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 90
Views: 7780

Re: Tax Law Sunset 2025 - Roth vs Traditional

I have always felt that except for obvious situations (like a 0% marginal bracket, for example), a diversified approach to the type of IRA is valuable, but I don't think most discussions on the forum have taken that approach. tibbitts, I am not sure what do you mean by that. A) My standard advice i...
by tibbitts
Mon Jan 01, 2018 1:56 am
Forum: Personal Consumer Issues
Topic: Car headlights or Daytime Running Lights - what do you do?
Replies: 62
Views: 3818

Re: Car headlights or Daytime Running Lights - what do you do?

When I drive with headlights, I turn on the fog lights as well. They don't do a lot for me being able to see, but I believe they make my car more visible than without them. I notice a lot of people around here drive with their fog lights on when there is no fog. I always wonder if this is intention...
by tibbitts
Sun Dec 31, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Short Term Bond Fund
Replies: 7
Views: 676

Re: Fidelity Short Term Bond Fund

I kind of wonder about VG's new (well, newly opened to a wider investing base) emerging markets bond fund, though - I'm not sure about how it's going to do going forward vs. an established fund, until/unless assets ramp up and stabilize. But, I'm not an expert, so I decided to dip my toes into the ...
by tibbitts
Sun Dec 31, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: SWR, different perspective.
Replies: 38
Views: 3131

Re: SWR, different perspective.

I think neither of these curves fit today's retiree... at least the retiree we might find on this .org, as do many of the other WR paper authors that come here to post. I may be way wrong and you are very free to say so, but I think the WR basis varies differently. So here comes the question..........
by tibbitts
Sun Dec 31, 2017 5:04 pm
Forum: Personal Consumer Issues
Topic: Car headlights or Daytime Running Lights - what do you do?
Replies: 62
Views: 3818

Re: Car headlights or Daytime Running Lights - what do you do?

My car doesn't have automatic headlights and it's annoying to sometimes find I've been driving for miles at night with no lights on at all. If I had both settings I would use both settings - make everything automatic.
by tibbitts
Sun Dec 31, 2017 4:57 pm
Forum: Personal Consumer Issues
Topic: help me optimize new snow tires
Replies: 30
Views: 1612

Re: help me optimize new snow tires

I thinks it's important to note that this is a case of going from something everyone agrees is horrible (bald tires of any kind) to doing something that's kind of extreme (snow tires vs. all-seasons.) 90% of the benefit would have come with just replacing the original tires with good all-season tires.
by tibbitts
Sun Dec 31, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: What is magnitude of risk reduction via international equity diversification
Replies: 26
Views: 1430

Re: What is magnitude of risk reduction via international equity diversification

My question is: am i deluding myself feeling that I am actually significantly safer (have less overall asset value volatility) with 40% rather than 20% in international equities?
Define significantly. Over the long term there's no way to know. Since you're wondering, why not split the difference?
by tibbitts
Sun Dec 31, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Side gig, 1099 strategy
Replies: 19
Views: 2211

Re: Side gig, 1099 strategy

So let's put this into perspective. The OP in a year where everything goes right is going to net a few $k. I have a great deal of experience with having a similar business. It's nuts to do an S-corp for that, or open a solo 401k. Just take the money and pay taxes on it whether you get a 1099 or not....
by tibbitts
Sun Dec 31, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Short Term Bond Fund
Replies: 7
Views: 676

Re: Fidelity Short Term Bond Fund

I wanted to put money in a short term bond fund at Fidelity, and I see they have a new one, started 10/2017, Fidelity Short Term Bond Index Fund (FNSKX). Any concerns about putting money into this new fund? It looks like the fund assets are low, and I have about $500,000 to invest. Suggestions? I d...
by tibbitts
Sun Dec 31, 2017 1:46 pm
Forum: Personal Consumer Issues
Topic: help me optimize new snow tires
Replies: 30
Views: 1612

Re: help me optimize new snow tires

Wow you're getting some odd advice that's all over the map. In fact everything depends on your driving habits/requirements and related issues like how long you're going to keep this van. Unless you have and are willing to spend lots of money. As in many cases lots of money answers all questions and ...
by tibbitts
Sat Dec 30, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 6778

Re: manual car for new teen driver

To return to the OP's question, I recommend a 4-cylinder manual Toyota Tacoma. The 4 cylinder, which is not always optimum in a pickup, is perfect for a teenage boy, IMHO. That's an innovative idea. It would handle all weather, be reliable, and carry anything one needed, especially if it had a camp...
by tibbitts
Sat Dec 30, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: We bought a house in June, and the ac & furnace system do not work. What should we do?
Replies: 49
Views: 3535

Re: We bought a house in June, and the ac & furnace system do not work. What should we do?

I admit I only know about propane in the portable (RV) context, but the propane being empty would be a huge red flag - why would it be empty, ever? Actually just having propane would be a huge red flag to me - you must live in a very rural area. Anyway I would have assumed the hvac didn't work. The...
by tibbitts
Sat Dec 30, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: We bought a house in June, and the ac & furnace system do not work. What should we do?
Replies: 49
Views: 3535

Re: We bought a house in June, and the ac & furnace system do not work. What should we do?

If we ever buy another home (still live in only home purchased almost 40 years ago), I will insist on an inspection and walk through well in advance of closing. Sellers want the walk through just before closing so buyers do not have time to insist on everything being in working order. Yes but then ...
by tibbitts
Sat Dec 30, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Spam email
Replies: 13
Views: 745

Re: Spam email

You might try using something like Thunderbird. They have a pretty good spam filter that you can adjust. Moving to a new email provider is also a good idea, you could start the process and use thunderbird, then after a year or so get rid of the old account. In the meantime, you might want to use a ...
by tibbitts
Sat Dec 30, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Making Roth Conversion Today - how will it be treated?
Replies: 30
Views: 1610

Re: Making Roth Conversion Today - how will it be treated?

Given the tax law change regarding recharacterization you might want to wait until the end of next year.
by tibbitts
Sat Dec 30, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: We bought a house in June, and the ac & furnace system do not work. What should we do?
Replies: 49
Views: 3535

Re: We bought a house in June, and the ac & furnace system do not work. What should we do?

We recently moved back home to Ohio from Texas. We bought a house which is 30 years old. The seller checked "no" on the seller disclosure form claiming that she was not aware of any issues with the furnace & a.c. unit. We had the home inspected before buying it, but our inspector was unable to chec...
by tibbitts
Sat Dec 30, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: Plow Guy Raised Rates
Replies: 112
Views: 9454

Re: Plow Guy Raised Rates

I do understand the issue and why this would be irritating, and would shop around as soon as possible. A few years ago I would have cancelled immediately and either found someone else or figured out how to do it myself somehow.
by tibbitts
Sat Dec 30, 2017 9:58 am
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 90
Views: 7780

Re: Tax Law Sunset 2025 - Roth vs Traditional

As the policy of the forum is to only evaluate financial decisions based upon actual current tax law, I would assume this would mean when evaluating Roth vs Traditional, for those retiring beyond 2025 the applicable comparison will be today's lower rates vs higher income tax rates in retirement? Gi...
by tibbitts
Sat Dec 30, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 90
Views: 7780

Re: Tax Law Sunset 2025 - Roth vs Traditional

As the policy of the forum is to only evaluate financial decisions based upon actual current tax law, I would assume this would mean when evaluating Roth vs Traditional, for those retiring beyond 2025 the applicable comparison will be today's lower rates vs higher income tax rates in retirement? Gi...
by tibbitts
Fri Dec 29, 2017 11:43 pm
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 90
Views: 7780

Re: Tax Law Sunset 2025 - Roth vs Traditional

Forum policy is to not discuss future legislation. But that doesn't mean we are forced to believe it nor think about what may actually happen and are not forced to discuss a topic that we may think is highly unlikely. And the point is? I assume you are agreeing that discussions should be based on t...
by tibbitts
Fri Dec 29, 2017 10:34 pm
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 90
Views: 7780

Re: Tax Law Sunset 2025 - Roth vs Traditional

As the policy of the forum is to only evaluate financial decisions based upon actual current tax law, I would assume this would mean when evaluating Roth vs Traditional, for those retiring beyond 2025 the applicable comparison will be today's lower rates vs higher income tax rates in retirement? Gi...
by tibbitts
Fri Dec 29, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for financial aid with high income
Replies: 50
Views: 3123

Re: Applying for financial aid with high income

Thanks, all, for the thoughtful replies. I've decided against putting our financial info out there as FA is unlikely. Merit aid may be forthcoming, but that's a different issue. I have weighed the pros and cons of private colleges vs public many times. Our son actually was accepted into the honors ...
by tibbitts
Fri Dec 29, 2017 7:36 pm
Forum: Investing - Theory, News & General
Topic: Concern that somebody else can open a new fund for me without permission?
Replies: 23
Views: 2049

Re: Vanguard security: Somebody else can open an account for me without my knowledge

There isn't enough information provided here to comment, but for example VG can do what are basically tax-free in-kind exchanges between spouses by creating a new identical fund account for the receiving person's. That's completely different than redeeming from one account and depositing into anothe...
by tibbitts
Fri Dec 29, 2017 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 50
Views: 4715

Re: Using Vanguard’s advisors

I'm really shocked about them only using average cost... unless it's for VG funds that are so old that that is all they have available.
by tibbitts
Fri Dec 29, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: High-yield bond funds - Fidelity
Replies: 6
Views: 772

Re: High-yield bond funds - Fidelity

I'll do that, thank you! Do you know if Fidelity charges the fee for the Vanguard fund every time I buy more shares or just when I open it? As far as I know if they charge you once they'll charge you every time. But FAGIX is really a balanced fund and shouldn't be compared to a high yield bond fund...
by tibbitts
Thu Dec 28, 2017 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Got myself an extra $200 today just by being observant
Replies: 25
Views: 5318

Re: Got myself an extra $200 today just by being observant

I'm really concerned by what you mean when you say "listed price." I'm extra concerned that they cut you a $200 check that quick after the sale. I hope by listed you aren't referring to a price they had it advertised for and you paid that price in full (sans negotiation). That would make sense at a...
by tibbitts
Thu Dec 28, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Got myself an extra $200 today just by being observant
Replies: 25
Views: 5318

Re: Got myself an extra $200 today just by being observant

A lot of stealerships have a "no haggle best price" policy. Yes I was going to suggest that. It's also not clear if it's a new or used car, or if the listing was actually for the same stock number. In any case this seems like an unusual situation. Rarely in retail would price drops be retroactive t...
by tibbitts
Tue Dec 26, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Total Stock Market Index enough...
Replies: 36
Views: 6197

Re: Is a Total Stock Market Index enough...

DanFrancis wrote:
Wed Jun 21, 2017 12:52 am
Is a Total Stock Market Index (like Schwab or Vanguard) sufficient for my domestic stock investments or should I add some small and/or medium index funds too? The portfolio also contains International Index, Bond Index,
and REIT Index.
Thanks for your thoughts.
Yes.
by tibbitts
Tue Dec 26, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 6778

Re: manual car for new teen driver

looking for a car for a soon to be new teen driver. should be safe in crash testing and avoidance; reliable; and - this is the kicker - a stick shift. looking used and under $10k would be great but could go higher. most of the manuals are small cars. are there any larger and/or safer manual transmi...
by tibbitts
Tue Dec 26, 2017 11:27 am
Forum: Investing - Theory, News & General
Topic: New Tax Plan and future stock returns
Replies: 18
Views: 841

Re: New Tax Plan and future stock returns

BogleAlltheWay wrote:
Tue Dec 26, 2017 11:08 am
Hi all,

How can the US stock returns be good in the near future(10 years or so) due to their high valuation and the risk that the next or next administration raises the corporate tax ?
You needed to end your post after the word "valuation."
by tibbitts
Tue Dec 26, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Question re prepaying Property Taxes
Replies: 8
Views: 1215

Re: Question re prepaying Property Taxes

My spousal unit and I both retired this year and this will likely be our last year where it makes sense for us to itemize our deductions. Therefore I would like to prepay my first half 2018 property taxes prior to year-end. If I write and date the check in 2017 but the county does not cash it until...
by tibbitts
Tue Dec 26, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Converting printed pictures to digital files
Replies: 15
Views: 1319

Re: Converting printed pictures to digital files

my printed pictures have taken over and it’s time to convert them to digital files. Anyone done this and have advice or best practice? Current computer is a MacBook Pro and iPhone X if there is a decent scanning app. Thanks! You have to specify how many printed pictures. At some point you need some...
by tibbitts
Tue Dec 26, 2017 12:30 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRAs - Can they pull a switch-a-roo?
Replies: 34
Views: 3282

Re: Roth IRAs - Can they pull a switch-a-roo?

I should know this but I don't. Can the government change the rules in any manner they choose on something like Roth IRAs after we obtain them -and- if so, is it likely they might make it effective on new investments and grandfather (leave as is) existing Roths? You knew the answer to your question...
by tibbitts
Mon Dec 25, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Favorite Camera - Recommendations, Photos, and Pictures of Your Gear?
Replies: 65
Views: 4385

Re: Favorite Camera - Recommendations, Photos, and Pictures of Your Gear?

There are crazy people who rinse their weather-resistant cameras in running water. That's nuts. After the unexpected salt water splash, mine kept going, but then the next day, most of the buttons and dials took on completely new/different meanings! Like the up and down buttons were reversed, etc. It...
by tibbitts
Mon Dec 25, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Favorite Camera - Recommendations, Photos, and Pictures of Your Gear?
Replies: 65
Views: 4385

Re: Favorite Camera - Recommendations, Photos, and Pictures of Your Gear?

I do travel with a rocket blower but only in my carry-on not a checked bag. And always take it out of the bag like with a laptop - you don't want that shape showing up on a screen.
by tibbitts
Mon Dec 25, 2017 7:05 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 47
Views: 3628

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

I'm confused, is the idea to remove the airbag until a new one is available? It would seem that it would be a hazard no matter where someone is sitting in the car.
by tibbitts
Mon Dec 25, 2017 6:53 pm
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 6778

Re: manual car for new teen driver

looking for a car for a soon to be new teen driver. should be safe in crash testing and avoidance; reliable; and - this is the kicker - a stick shift. looking used and under $10k would be great but could go higher. most of the manuals are small cars. are there any larger and/or safer manual transmi...