Search found 8284 matches

by tibbitts
Tue Jan 01, 2019 4:23 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 159
Views: 7916

Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

I only contribute to my IRA close to my tax filing, so for my 2018 contribution I'll wait until March 2019 or so. It just complicates life too much to recharacterize, which I've done way too often.
by tibbitts
Tue Jan 01, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: $5500 purchase - which card to maximize on?
Replies: 13
Views: 1230

Re: $5500 purchase - which card to maximize on?

We have a one time $5500 purchase with the option to put it on a credit card. Wondering what is the best option given current rewards/benefits. Currently we have just two credit cards: the BOA cash back visa and the target 5% back card. Over the year we have kept cards to a minimum. Open to options...
by tibbitts
Tue Jan 01, 2019 4:11 pm
Forum: Personal Consumer Issues
Topic: keeping warm in outside windy, freezing temperature and also inside office
Replies: 35
Views: 2189

Re: keeping warm in outside windy, freezing temperature and also inside office

You could wear insulated coveralls and take them off when you get to the office. Somewhat hijacking the thread, but... I was outside for a hike today, 3mi, about 23F. I was okay overall with just jeans plus a hoodie under a medium jacket and knit hat and scarf, but my hands are very susceptible to c...
by tibbitts
Tue Jan 01, 2019 3:54 pm
Forum: Personal Investments
Topic: Vanguard International Fund down for year?
Replies: 16
Views: 893

Re: Vanguard International Fund down for year?

VTIAX (Vanguard Total International Admiral) was down 14.43% in 2018. The report says Vanguard Into Stock returned -8.71%; how do you computer a negative return??? I don't think anyone understands your question. With most equity investments, domestic or international, if you held them a year ago an...
by tibbitts
Mon Dec 31, 2018 8:57 pm
Forum: Personal Investments
Topic: H&R Block 2018 Deluxe reduced price
Replies: 6
Views: 940

Re: H&R Block 2018 Deluxe reduced price

I think I paid $18, and finally tonight I decided to download and activate it.

It asked if I want to import my last year's HRB return (this is the 2nd year I've used it), and it told me the only elements it is importing are: my checking account, and marital status - and it got the latter wrong. :-(
by tibbitts
Sun Dec 30, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Father with Dementia Took a Full IRA Distribution
Replies: 56
Views: 5518

Re: Father with Dementia Took a Full IRA Distribution

I don't think the IRA is a big deal. I think being in that situation and owning two rental apartments is a complete disaster. I am not knowledgeable on accounting for rental property but maybe you can expense some things that you'd need anyway for the apartments on Monday. Then sell them on Wednesd...
by tibbitts
Sun Dec 30, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Father with Dementia Took a Full IRA Distribution
Replies: 56
Views: 5518

Re: Father with Dementia Took a Full IRA Distribution

I don't think the IRA is a big deal. I think being in that situation and owning two rental apartments is a complete disaster. I am not knowledgeable on accounting for rental property but maybe you can expense some things that you'd need anyway for the apartments on Monday. Then sell them on Wednesd...
by tibbitts
Sun Dec 30, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: Pre Cruise Ft Lauderdale Hotel
Replies: 29
Views: 1345

Re: Pre Cruise Ft Lauderdale Hotel

The Wizard wrote:
Sun Dec 30, 2018 2:55 pm
tibbitts wrote:
Sun Dec 30, 2018 12:55 pm
...Why does it matter that there is a Total Wine store?
Cruising and boozing, checko...
:)
Yes, I had assumed that wine would be banned along with soft drinks, but apparently not true. I do which the cruise line would provide a choice of non-alcoholic beverages for the freebies they hand out.
by tibbitts
Sun Dec 30, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Pre Cruise Ft Lauderdale Hotel
Replies: 29
Views: 1345

Re: Pre Cruise Ft Lauderdale Hotel

Last time, we stayed at Embassy Suites on 17th Street. There is a Total Wine store quite close. Shuttle to cruise terminal (not free). Next time I might stay there or one of the other hotels in the area, depending on free nights, points+cash, etc. I would prefer to stay across from the beach. A few...
by tibbitts
Sun Dec 30, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: Pre Cruise Ft Lauderdale Hotel
Replies: 29
Views: 1345

Re: Pre Cruise Ft Lauderdale Hotel

Last time, we stayed at Embassy Suites on 17th Street. There is a Total Wine store quite close. Shuttle to cruise terminal (not free). Next time I might stay there or one of the other hotels in the area, depending on free nights, points+cash, etc. I would prefer to stay across from the beach. A few...
by tibbitts
Sun Dec 30, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: Pre Cruise Ft Lauderdale Hotel
Replies: 29
Views: 1345

Re: Pre Cruise Ft Lauderdale Hotel

On our first couple of cruises out of Fort Lauderdale, we would arrive a day early but found it too much of a hassle. Load and unload luggage twice, shuttle from airport to hotel, shuttle from hotel to cruise port, taxi to restaurant for dinner, and crowded hotel. So now we just catch an early flig...
by tibbitts
Sun Dec 30, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: Pre Cruise Ft Lauderdale Hotel
Replies: 29
Views: 1345

Re: Pre Cruise Ft Lauderdale Hotel

Last time, we stayed at Embassy Suites on 17th Street. There is a Total Wine store quite close. Shuttle to cruise terminal (not free). Next time I might stay there or one of the other hotels in the area, depending on free nights, points+cash, etc. I would prefer to stay across from the beach. A few...
by tibbitts
Sun Dec 30, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Father with Dementia Took a Full IRA Distribution
Replies: 56
Views: 5518

Re: Father with Dementia Took a Full IRA Distribution

I don't think the IRA is a big deal. I think being in that situation and owning two rental apartments is a complete disaster. I am not knowledgeable on accounting for rental property but maybe you can expense some things that you'd need anyway for the apartments on Monday. Then sell them on Wednesday.
by tibbitts
Sat Dec 29, 2018 9:00 pm
Forum: Personal Investments
Topic: Opinions sought $3.5 M Net Worth
Replies: 76
Views: 9027

Re: Opinions sought $3.5 M Net Worth

Health insurance is a massive issue! My wife and I of course have accumulated a few “pre-existing conditions “ and I must find out how I will get insurance and how much it will cost. With the attack on Obama Care this May be my greatest problem. In my position, part-time work with benefits is commo...
by tibbitts
Sat Dec 29, 2018 7:44 pm
Forum: Forum Issues and Administration
Topic: Site Upgrade Plans
Replies: 14
Views: 1370

Re: Site Upgrade Plans

Any minute now we're going to get a post from someone saying they'd save money by running the forum on a $4.95/mo shared hosting account with "unlimited" storage...
by tibbitts
Sat Dec 29, 2018 7:38 pm
Forum: Personal Investments
Topic: Opinions sought $3.5 M Net Worth
Replies: 76
Views: 9027

Re: Opinions sought $3.5 M Net Worth

Unless you absolutely know otherwise, half time is not an option. It definitely isn't an option for most of us. I don't understand the spending - where is it written that you have to spend $100k now that the kids are gone and off on their own? If I were you I'd say I could quit today and spend $90k/...
by tibbitts
Sat Dec 29, 2018 2:40 pm
Forum: Personal Investments
Topic: High Yield bond funds
Replies: 6
Views: 681

Re: High Yield bond funds

I have a good percentage in junk bonds, and also some in floating rate funds. They've taken a beating (well maybe not relative to stocks) lately, and I hadn't exactly been anticipating the degree of the damage, although I also held junk through 2008 when of course it was much worse.
by tibbitts
Sat Dec 29, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Amex rewards dollars for closed account?
Replies: 25
Views: 788

Re: Amex rewards dollars for closed account?

Two things. 1. Amex does not usually close the account until 5 years of inactivity. If there is no annual fee why do you want to close the account? Its credit limit and age are contributing positively to your credit score. Because I do not want to maintain open accounts that I am not using, I don't...
by tibbitts
Fri Dec 28, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Purchase and Taxation of Benefits Question
Replies: 0
Views: 154

Pension Purchase and Taxation of Benefits Question

I was about to purchase a year of service in my public sector pension plan, when I suddenly realized that although the pension has always allowed purchases for various reasons, the pension makes no attempt to account for any contributions to an account being made with already-taxed money. That was k...
by tibbitts
Thu Dec 27, 2018 10:47 pm
Forum: Personal Investments
Topic: Wow, I suck at TLH!
Replies: 17
Views: 1949

Re: Wow, I suck at TLH!

Aside from trying to capitalize on a big loss and not waiting until closer to the close of market yesterday thus incurring a good sized gain on the fund I was trying to sell at a loss, I made another boo-boo today and bought back an ETF I forgot I sold (for the purpose of TLH lol) earlier in the mo...
by tibbitts
Thu Dec 27, 2018 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be renting forever?
Replies: 44
Views: 3143

Re: Will I be renting forever?

The "few thousand a month" in medical expenses seems to be the biggest issue here, not that they are optional I'm sure. That is obviously not typical and not a lot of people with one income can spend $36k/year beyond the usual expenses AND have a high savings rate. The $750k house wouldn't be like y...
by tibbitts
Thu Dec 27, 2018 7:32 pm
Forum: Personal Investments
Topic: 457(b) Fund Allocation???
Replies: 14
Views: 615

Re: 457(b) Fund Allocation???

The other available funds are mostly Nationwide Index funds. A few target retirement funds, small/med/large cap, a couple international, and a 2 bond options. All have ER higher than the S&P 500 (0.47%) one, anywhere between 0.77% up to 1.26%. Options aren't great, but I want to use the 457 to crea...
by tibbitts
Thu Dec 27, 2018 7:22 pm
Forum: Investing - Theory, News & General
Topic: Dividend Stocks Mitigate Secular Bear Markets?
Replies: 43
Views: 3138

Re: Dividend Stocks Mitigate Secular Bear Markets?

No class of stocks holds up well in bear markets. IMO the group that does best is not strictly high dividend payers but companies that have long histories of ever increasing dividend payments, dividend growth stocks. Dividend growth tends to be a good measure of the quality factor and these compani...
by tibbitts
Thu Dec 27, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Buying dips not recommended?
Replies: 52
Views: 3807

Re: Buying dips not recommended?

I'm seeing lots of advice online that buying into a dip isn't a good strategy. So if someone is ready and wants to buy stocks or mutual funds, when should they buy them? To me the point would be that if you weren't inclined to buy at the same price when the market was rising, you shouldn't buy just...
by tibbitts
Tue Dec 25, 2018 8:49 pm
Forum: Personal Consumer Issues
Topic: HVAC Cost in Denver
Replies: 5
Views: 671

Re: HVAC Cost in Denver

Hey folks. I’m looking to replace ancient AC and furnace systems in our 3,200 sq ft house after the new year. I got a few quotes, and the cheapest (which also comes highly recommended) is at $8,200 installed for a Rheem 100K BTU 80% furnace, Rheem 4 ton 13 SEER AC and Aprilaire whole home humidifie...
by tibbitts
Tue Dec 25, 2018 7:27 pm
Forum: Investing - Theory, News & General
Topic: How Often To Expect -10% and -20% Stock Drops
Replies: 19
Views: 2751

Re: How Often To Expect -10% and -20% Stock Drops

The current market slide, after an unprecedented 10 year bull run got me to wondering: Statistically how often have we seen the S&P500 drop 10%? 20? In other words, for a 60 year old (I'm approaching 59) person, with a remaining 20-30 year life expectancy, how many of these draw downs are to be exp...
by tibbitts
Tue Dec 25, 2018 7:16 pm
Forum: Personal Investments
Topic: Cloning Stable Value Fund (SVF) in Fidelity ?
Replies: 13
Views: 1123

Re: Cloning Stable Value Fund (SVF) in Fidelity ?

mhalley is correct. A stable value fund is essentially an insurance product. Interest rates in stable value products don't adjust until the insurance contracts they're based on expire and are renewed, so stable value interest rates tend to trail the market. For the provider, this only really works ...
by tibbitts
Tue Dec 25, 2018 2:00 pm
Forum: Personal Investments
Topic: Roth Ira losses
Replies: 13
Views: 1379

Re: Roth Ira losses

I contributed 5500 to my wifes Roth and my Roth/Ira just before the beginning of the quarter. Should I take any action..? I have bought more in my taxable, but was wondering if there is anything else I should do. I dont fully understand loss harvesting and wash sales etc. This is the first major dr...
by tibbitts
Tue Dec 25, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: SUV TV ads
Replies: 17
Views: 1209

Re: SUV TV ads

libralibra wrote:
Tue Dec 25, 2018 1:09 pm
Time2Quit wrote:
Tue Dec 25, 2018 9:39 am
I started noticing that...
That sounds like confirmation bias. Could have been there all along, or every year, etc and you just noticed it. (That happened whenever I got a new car - suddenly everywhere I looked, I would see the same car.)
+1
by tibbitts
Tue Dec 25, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 29
Views: 4769

Re: How is Vanguard Prime Money Market earning over 2%

lostdog wrote:
Tue Dec 25, 2018 10:35 am
We love the simplicity of using the Vanguard Federal Money Market sweep account for cash holdings. No state taxes for this account.
Part of the Prime MM distributions are also state-tax-free due to some of the fund being invested in Treasuries.
by tibbitts
Tue Dec 25, 2018 10:33 am
Forum: Personal Investments
Topic: 401k 457 and 403 catch up provision for 50 and older
Replies: 14
Views: 710

Re: 401k 457 and 403 catch up provision for 50 and older

I have always been under the impression that once you were 50, you were allowed to contribute additional money. I have been hearing lately that if a person has always maxed out their plans, they don't qualify for the additional catch ups. Is this true? We have maxed out our plans since the 90's. Th...
by tibbitts
Tue Dec 25, 2018 10:12 am
Forum: Personal Investments
Topic: Better options for emergency Fund than Ally CDs/Savings?
Replies: 20
Views: 2722

Re: Better options for emergency Fund than Ally CDs/Savings?

I just pulled all my money out of Ally after years of only using them due to horrible customer service and them messing me out of my 1% new funds bonus. I moved to CIT bank which has much higher savings rates. Time will tell if this was wise, but Ally just rubbed me wrong. Since the bonus hasn't be...
by tibbitts
Tue Dec 25, 2018 10:06 am
Forum: Personal Investments
Topic: In what form af value should i store my money? Housees, stocks, index funds, bank accounts, broker account?
Replies: 2
Views: 327

Re: In what form af value should i store my money? Housees, stocks, index funds, bank accounts, broker account?

Hi! Recently i made some money and im not sure how should i store it long term (10-20 years). My goal is to make this money as cold as possible and quitely making 7-9% per year off from interest. What i found so far? - storing money in European bank (i dont have residence permit program so im in th...
by tibbitts
Tue Dec 25, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: SUV TV ads
Replies: 17
Views: 1209

Re: SUV TV ads

I started noticing that the Big 3 auto commercials are again offering $0 down, 0% interest for their high profit large Suv’s. This seems eerily similar to what happened back in 10 years ago. Could the BIG3 already know a slowdown is here? I thought that has been happening continuously since almost ...
by tibbitts
Tue Dec 25, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else unable to login to Vanguard?
Replies: 19
Views: 1604

Re: Anyone else unable to login to Vanguard?

So I am unable to log into my account at Vanguard. I absolutely did not forget, or mistype my password. I use a password manager, which all but eliminates this possibility. I also can manually enter the password and have tried that. I have gone thru the password reset process 3 times and it fails t...
by tibbitts
Tue Dec 25, 2018 9:38 am
Forum: Personal Investments
Topic: Anyone Else Buying Xmas Sale in Equities?
Replies: 23
Views: 3254

Re: Anyone Else Buying Xmas Sale in Equities?

It's interesting that at this same level while the market was rising, there was no enthusiasm about equities being a bargain - in fact everyone was concerned about investing at all-time highs.
by tibbitts
Tue Dec 25, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 11734

Re: Now is the time to REJOICE!

Those looking to rejoice should head to Vegas with their play money. It has nothing to do with play money. It has everything to do with age, relatively low net worth, and high earning years. Not sure why this is so puzzling to so many. Yes it's very possibly in bad taste as many posters on this boa...
by tibbitts
Mon Dec 24, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 11734

Re: Now is the time to REJOICE!

I admit, I'm starting to get annoyed at these types of posts. Here's the reality. At 45, my portfolio is down a few hundred grand as a result of the recent turmoil. My ratio was about 75/25 and I'm taking no actions. I didn't the last time either. We normally toss about 70k to 80k a year into the p...
by tibbitts
Mon Dec 24, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 11734

Re: Now is the time to REJOICE!

I admit, I'm starting to get annoyed at these types of posts. Here's the reality. At 45, my portfolio is down a few hundred grand as a result of the recent turmoil. My ratio was about 75/25 and I'm taking no actions. I didn't the last time either. We normally toss about 70k to 80k a year into the p...
by tibbitts
Mon Dec 24, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1806803

Re: U.S. stocks in freefall

I hope you're not mistaken. I'm still accumulating and would love to buy more at cheaper prices instead of these heady valuations. Be careful what you wish for. Why? Harvest some losses, pay less taxes, accumulate more shares, historically result in a better/earlier retirement. 10-15% shouldn’t kil...
by tibbitts
Mon Dec 24, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 11734

Re: Now is the time to REJOICE!

Warren Buffet always says he likes getting a good deal on companies he buys, and now is the time for all of us! Dumping a bunch of money into stock index funds while the going is good and cheap!! Anyone else investing more now??? The "experts" say the us stock market is overvalued. So, I am just bu...
by tibbitts
Mon Dec 24, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard says international will beat US stocks in next decade
Replies: 155
Views: 14924

Re: Vanguard says international will beat US stocks in next decade

vineviz says " but this board is FULL of people who are dramatically underweighting international equities with allocations of 25% or less. Yes count me as one of the "FULL of people". The first year I had a 401K available to me was 1986 their was no international fund in the plan. I changed jobs i...
by tibbitts
Sun Dec 23, 2018 10:37 pm
Forum: Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 48
Views: 4951

Re: anybody sell I Bonds to buy something else?

We're keeping our paper I-Bonds, but liquidating our Treasury Direct holdings. The problem with paper bonds is that you can't change the registration , so ultimately for most of us there is no choice but to use TD. tibbitts, can you explain what you mean by, "you can't change the registration"? Wha...
by tibbitts
Sun Dec 23, 2018 10:31 pm
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 29
Views: 4769

Re: How is Vanguard Prime Money Market earning over 2%

I’ve been advised to use Vanguard Prime Money Market Fund however according to the Performance page it’s earning under 2% annually - less than I earn from the bank. Can someone shed some light on this? At any given time, you should select a cash-like investment for the highest after-tax earnings. A...
by tibbitts
Sun Dec 23, 2018 9:09 pm
Forum: Investing - Theory, News & General
Topic: How is Vanguard Prime Money Market earning over 2%
Replies: 29
Views: 4769

Re: How is Vanguard Prime Money Market earning over 2%

I’ve been advised to use Vanguard Prime Money Market Fund however according to the Performance page it’s earning under 2% annually - less than I earn from the bank. Can someone shed some light on this? At any given time, you should select a cash-like investment for the highest after-tax earnings. A...
by tibbitts
Sun Dec 23, 2018 1:16 pm
Forum: Personal Investments
Topic: What Kind of Bonds
Replies: 14
Views: 1174

Re: What Kind of Bonds

Although seasonality is a market theory it is by no means universally accepted and you will find near-zero support for it here. The notion that it is not market timing is completely incorrect. Seasonality is often implemented per-sector (vs. something simplistic like "sell-in-May-and-go-away" for ex...
by tibbitts
Sun Dec 23, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: DCA – change of tune, loss of nerve, and how to time?
Replies: 55
Views: 2951

Re: DCA – change of tune, loss of nerve, and how to time?

I guess I don't understand the RSU point - I thought RSUs were just stock shares you were restricted from selling until they vested. So that portion is already in the market and I don't see that as being an issue. I don't know about the mechanism of moving it to an alternate equity investment but I'...
by tibbitts
Sat Dec 22, 2018 11:57 pm
Forum: Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 48
Views: 4951

Re: anybody sell I Bonds to buy something else?

stevewolfe wrote:
Sat Dec 22, 2018 1:18 pm
We're keeping our paper I-Bonds, but liquidating our Treasury Direct holdings.
The problem with paper bonds is that you can't change the registration, so ultimately for most of us there is no choice but to use TD.
by tibbitts
Sat Dec 22, 2018 11:56 pm
Forum: Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 48
Views: 4951

Re: anybody sell I Bonds to buy something else?

Well I'm debating whether to sell my $10k in 0% i-bonds and then buy new 0.5% i-bonds. My $10k just fell off the 5-year penalty period. I haven't decided. I'd take the earnings and transfer to my money market - obviously not a huge amount of earnings, but something.
by tibbitts
Sat Dec 22, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: $1 in 401k vs $1 in savings account - which would you take?
Replies: 46
Views: 1537

Re: $1 in 401k vs $1 in savings account - which would you take?

Then, I would take choice #1 for sure. But, either choice increases one's net worth by 1M at the moment the genie grants the wish. :wink: :happy A 1M lump sum is very different than the net worth argument going on in the other thread. There is no net worth argument going on in the other thread. Peo...