Search found 1853 matches

by friar1610
Sat Apr 17, 2021 8:43 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6583
Views: 1452746

Re: What Movie Have You Recently Watched?

Two recent movies from Netflix and Prime (but can’t recall which movie was on which channel): - Quartet. Set in an old folks home for retired musicians in England. Witty but far short of a comedy with excellent acting and music. Much of the cast is comprised of former real-life opera/symphony stars....
by friar1610
Sat Apr 17, 2021 5:14 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal Digital Investor
Replies: 5
Views: 460

Re: Navy Federal Digital Investor

That makes sense. Using these accounts as a loss leader so that they can upsell financial services through a 1% AUM advisor would be a shrewd tactic, albeit a bit unscrupulous. Hmm. Maybe? How do I contact a financial advisor? If you're looking for one-on-one advice or different types of investment...
by friar1610
Fri Apr 09, 2021 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Anyways to improve financial aid?
Replies: 70
Views: 3690

Re: Anyways to improve financial aid?

.... Don't overdo the AP's if they could impact GPA, since our experience is that (high GPA + less AP courses) >> (lots of AP courses but lower GPA). FWIW, for myself and both my children AP courses allowed us to graduate early and thus saved the costs of a full year of college. That was nothing to...
by friar1610
Tue Apr 06, 2021 7:22 pm
Forum: Personal Consumer Issues
Topic: Recommendation for simple home gym
Replies: 41
Views: 3328

Re: Recommendation for simple home gym

She doesn't need to buy anything. There are tons of beginner level high intensity interval training videos free on YouTube that just use bodyweight. She should start with those instead of spending a penny Realistically, if someone can't stick with YouTube bodyweight exercises for a few weeks, then ...
by friar1610
Tue Apr 06, 2021 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Anyways to improve financial aid?
Replies: 70
Views: 3690

Re: Anyways to improve financial aid?

My granddaughter is a HS Senior who will finish as one of the top 5 in a class of about 200 in a reasonably affluent town. Her parents make very good money and don’t qualify for need-based aid. She has applied to a helluva lot of schools and has received some very robust merit offers from excellent ...
by friar1610
Wed Mar 31, 2021 10:48 am
Forum: Personal Consumer Issues
Topic: IRS.gov tax account sign up
Replies: 23
Views: 1965

Re: IRS.gov tax account sign up

I just did this, and it seems ok. mhalley's advice to do it early, to prevent hacker from possibly getting in ahead of you seems pretty sound. Getting through the process was not totally intuitive; but I made it. Got to the final action; and IRS could not verify my cell phone # to send code to comp...
by friar1610
Wed Mar 31, 2021 10:07 am
Forum: Personal Investments
Topic: Good Pension and asset allocation
Replies: 31
Views: 2884

Re: Good Pension and asset allocation

However, let's say the pension covers all your expenses, then you don't need to take risk with your investments - you don't to take risk to have the money grow, right? or Let's say the pension covers all your expenses, then you can afford to take risk with your investments - it's no big deal if the...
by friar1610
Mon Mar 29, 2021 12:22 pm
Forum: Personal Consumer Issues
Topic: Why are Subarus so popular?
Replies: 114
Views: 6246

Re: Why are Subarus so popular?

Subaru, the unflavored oatmeal of cars. Something else comes to mind looking at all the Outbacks in my neighborhood - It's the alternative to minivans for the legions of younger Gen-X and older Millennials who grew up in uncool, underpowered, and unreliable American minivans of the 80s and 90s. It’...
by friar1610
Mon Mar 22, 2021 4:55 pm
Forum: Personal Investments
Topic: What do most people do with a 401K upon retirement if they dont need it?
Replies: 169
Views: 15290

Re: What do most people do with a 401K upon retirement if they dont need it?

Great! So if I understand, the 401k can be rolled over to the IRA with no taxes taken. It is not until the withdrawal from the IRA that taxes are applied. Yes, you can roll the 401k into an IRA, and that is not taxable. HOWEVER, both 401k, IRA's (Except Roth varieties), 403bs, etc. are all tax defe...
by friar1610
Mon Mar 22, 2021 11:38 am
Forum: Personal Investments
Topic: What do most people do with a 401K upon retirement if they dont need it?
Replies: 169
Views: 15290

Re: What do most people do with a 401K upon retirement if they dont need it?

The 401k can be rolled over into an IRA with Vanguard or whoever. This is not a taxable event. The IRA can just set there without paying any taxes until withdrawals from the IRA are made. The withdrawals can be the RMD when required, or a qualified charitable distribution or any other reason. Great...
by friar1610
Sun Mar 21, 2021 9:41 pm
Forum: Personal Investments
Topic: What do most people do with a 401K upon retirement if they dont need it?
Replies: 169
Views: 15290

Re: What do most people do with a 401K upon retirement if they dont need it?

The 401k can be rolled over into an IRA with Vanguard or whoever. This is not a taxable event. The IRA can just set there without paying any taxes until withdrawals from the IRA are made. The withdrawals can be the RMD when required, or a qualified charitable distribution or any other reason. Great...
by friar1610
Sat Mar 20, 2021 12:33 pm
Forum: Personal Consumer Issues
Topic: Irish Whiskey
Replies: 32
Views: 2921

Re: Irish Whiskey

If you tour Ireland be sure to stop or register for the Bushmills Tour. If you are lucky enough to be selected they will hone your tasting skills and you will leave as a certified whisky taster. For me getting to know the Bushmills taste was learning to avoid it in favor of Jameson and Tullamore De...
by friar1610
Thu Mar 11, 2021 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: What's It Really Like to Work With Vanguard's Personal Advisory Service?
Replies: 112
Views: 9044

Re: What's It Really Like to Work With Vanguard's Personal Advisory Service?

A better solution, and far cheaper than even 0.3%, is to use an hourly fee planner for financial advice and a simple 3 fund portfolio for investment. There is no point in paying anyone anything to run a 3 fund portfolio but if occasional rebalancing is too intimidating then a balanced fund is the s...
by friar1610
Fri Mar 05, 2021 9:03 pm
Forum: Personal Investments
Topic: Vanguard Checks Written on Brokerage/Settlement Account Being Rejected or Returned To Merchants
Replies: 74
Views: 7105

Re: Vanguard Checks Written on Brokerage/Settlement Account Being Rejected or Returned To Merchants

My opinion: — Do banking at banks. — Do investing at brokerages. — Don't seek all-in-one solutions. I cannot write QCD checks from my bank. The law provides only two options for a Vanguard IRA. 1. Vanguard writes the check. 2. I write a Vanguard check. Electronic transfers are not available; it mus...
by friar1610
Fri Mar 05, 2021 12:48 pm
Forum: Personal Investments
Topic: For those with bond heavy AAs...how you feeling?
Replies: 55
Views: 5771

Re: For those with bond heavy AAs...how you feeling?

HomerJ wrote: Fri Mar 05, 2021 12:15 pm
Oh, and I've been 50/50 for...

I love 50/50 because I'm not bond heavy or stock heavy. I'm never wrong, and I'm always happy.
^^ This.
by friar1610
Wed Mar 03, 2021 10:37 pm
Forum: Personal Consumer Issues
Topic: Personal trainer on Zoom: good idea? And if so how much should I pay?
Replies: 30
Views: 1740

Re: Personal trainer on Zoom: good idea? And if so how much should I pay?

I won’t pretend these folks actually do personal training via video, but since quitting my gym I’ve found the workouts on teambodyproject.com to fit the bill for me. I pay $45 quarterly - I think it’s $120 or so for a year. A large number of workouts with a variety of emphases available. I do stuff ...
by friar1610
Mon Mar 01, 2021 10:57 pm
Forum: Personal Investments
Topic: Military home buying opportunity in Portugal
Replies: 13
Views: 1591

Re: Military home buying opportunity in Portugal

When I PCS'd from Ft Bragg up to the beltway, we had a hard time selling our house and ended up having to rent it for a few years. The renters were fine...but it was still a major pain the the backside and a source of financial risk. Being a long-distance landlord is no walk in the park and that wa...
by friar1610
Mon Feb 15, 2021 10:23 pm
Forum: Personal Investments
Topic: 403b Lincoln Inv. NJ teacher here!
Replies: 18
Views: 1078

Re: 403b Lincoln Inv. NJ teacher here!

I just googled how to calculate my tax bracket (sorry, bio teacher here). It says I am in the 22%. I thought the money I put in my 403b will not be taxable until 59 1/2? Sorry, I am a bit confused about the last part you said. For the Federal purposes, yes the money you contribute to the 403b plan ...
by friar1610
Sat Feb 13, 2021 6:53 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 1014
Views: 182675

Re:

3CT_Paddler wrote: Wed Feb 09, 2011 9:43 pm I agree with others on the Yuengling... great beer that isn't too expensive.
No longer drink beer but when I did Yuengling was my favorite “house” beer. Usually went more upscale when out.
by friar1610
Wed Feb 10, 2021 11:10 pm
Forum: Personal Investments
Topic: Bogleheads' feedback compared to a Vanguard financial advisor???
Replies: 90
Views: 6868

Re: Bogleheads' feedback compared to a Vanguard financial advisor???

He knows about my 2 properties, but that was not entered into the equation at all. My 29 page financial report only focused on funds inside the investments. That would have been my expectation. It does leave open where to get advice that covers a situation a little more comprehensively. That has al...
by friar1610
Fri Jan 29, 2021 2:46 pm
Forum: Investing - Theory, News & General
Topic: Why not 50/50?
Replies: 175
Views: 17143

Re: Why not 50/50?

The 50505050 plan. If you are 50+ 50% stocks 50% bonds/treasuries/CDs/Cash 50% US 50% Ex-US 50% Bond index 50% Treasuries/CDs/Cash Please everyone or please no-one. I am 50 this year. My only hesitation is 50% with near zero return. Worse if interest rates rise. I'm staying at 65/35. Or for a sligh...
by friar1610
Fri Jan 29, 2021 1:07 pm
Forum: Personal Consumer Issues
Topic: Vaccum recommendation?
Replies: 43
Views: 2721

Re: Vaccum recommendation?

We have a dog who sheds. No kids. We have a Miele canister that I use to do the first floor every Tuesday. (2nd floor - we hardly ever go up there - is done much less frequently.) Saturday we let Patrice* loose to do the first floor. Still find plenty of dog hair in between jobs. * Patrice is a Room...
by friar1610
Sat Jan 23, 2021 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Advice to Avoid/Minimize MA Estate Tax
Replies: 60
Views: 3329

Re: Advice to Avoid/Minimize MA Estate Tax

friar1610: You are correct. The 5 year lookback is applicable to people who try to deplete their estate in order to become eligible for state benefits, typically to pay for nursing home care. It has nothing to do with estate taxes. In fact, my understanding is that gifting property removes that pro...
by friar1610
Thu Jan 21, 2021 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Advice to Avoid/Minimize MA Estate Tax
Replies: 60
Views: 3329

Re: Advice to Avoid/Minimize MA Estate Tax

There are a number of things that are not glaringly obvious. If you move to NH or Florida, for example and become residents of that state with all the moving of drivers license, car registration, sell all property in Mass, etc, Mass still has a 5 year look back. My mom is in this quandry, about to ...
by friar1610
Tue Jan 05, 2021 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Credit Union? Should you be a part of one? [Considering loan to pay off debt]
Replies: 21
Views: 883

Re: Credit Union? Should you be a part of one? [Considering loan to pay off debt]

In general, I’m a big proponent of credit unions. To get more specific, we have been members of the country’s largest credit union, Navy Federal, for over 50 years. It has been our primary “bank” for a good portion of that time. We’ve had several mortgages, often have their CDs and use it for checki...
by friar1610
Fri Jan 01, 2021 3:58 pm
Forum: Personal Investments
Topic: Stocks or bonds in Roth account?
Replies: 26
Views: 1083

Re: Stocks or bonds in Roth account?

I just did my very first Roth conversion earlier this month by transferring Total Bond Index shares in-kind from my 100% fixed-income t-IRA. I intend to trade these shares for something more aggressive next week. As a retiree in my mid-70s, I have an overall 50/50 allocation across all accounts. Alt...
by friar1610
Wed Dec 30, 2020 10:34 pm
Forum: Personal Investments
Topic: International Bonds?
Replies: 29
Views: 2168

Re: International Bonds?

No. I view the main purpose of bonds or fixed income is to provide the level of portfolio risk I want to have and to provide some liquidity and safety for some assets vs equities. I see no real need to include international bonds. This ^ pretty well sums up my thoughts. But if, in a further attempt...
by friar1610
Sat Dec 26, 2020 5:28 pm
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 470
Views: 39336

Re: What kind of car do Bogleheads like to drive?

Primary Family Cars since getting married (52 years): - From 1968-1987: GM cars (Chevy and 2 Pontiacs.) First Pontiac was a sporty LeMans. Then kids started arriving, so station wagons, one each Chevy and Pontiac). - 1988-present: 4 Volvos. 3 wagons and one sedan. Two new and two used. One Lexus ES-...
by friar1610
Sun Dec 20, 2020 9:31 pm
Forum: Personal Consumer Issues
Topic: Want to find very simple idiot proof smoke detector
Replies: 23
Views: 1197

Re: Want to find very simple idiot proof smoke detector

I am the original owner of a house built 6 1/2 years ago. It is equipped with about 9 BRK (First Alert) smoke and/or CO2 and/or heat detectors, depending on the location in the house. They are all hardwired and have battery backup. There is also a bright light and an audible alarm on the front of my...
by friar1610
Sat Dec 19, 2020 3:19 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2774
Views: 275684

Re: [What TV Show Have You Recently Watched?]

Just finished “Flesh and Blood” a 4-episode PBS Masterpiece drama/mystery of British origin. Don’t know that it rises to “Masterpiece” level, but it’s an OK series with a bit of a twist at the end that, I suspect, leaves open the option of a second season but doesn’t demand it. 3 1/2 stars. Irish ac...
by friar1610
Fri Dec 18, 2020 1:45 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard 2020 Distribution Estimates Released]
Replies: 50
Views: 5431

Re: [Vanguard 2020 Distribution Estimates Released]


Do we know if the stimulus payment will need to be included in computing MAGI for determining IRMAA rates two years hence?
The stimulus payments were refundable tax credits. They do not get included in MAGI.
Thank you.
by friar1610
Thu Dec 17, 2020 10:04 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2774
Views: 275684

Re: [What TV Show Have You Recently Watched?]

The Boys on Amazon was fun. The Queen's Gambit on Netflix was really good I thought. Working on season 3 of The Crown on Netflix at the moment. Just finished The Queen’s Gambit this evening. One of the best series I’ve seen in a while. Five stars. Two thumbs up. Why is it so good? I’m finding it so...
by friar1610
Thu Dec 17, 2020 9:53 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard 2020 Distribution Estimates Released]
Replies: 50
Views: 5431

Re: [Vanguard 2020 Distribution Estimates Released]

This is the first I have heard of the Recovery Rebate Credit, and I am confused. This appears to be saying that if I didn't receive an Economic Impact Payment in 2020 (I didn't, because of Roth conversions in 2019) then I qualify for some sort of income tax credit? Is this because the people who di...
by friar1610
Mon Dec 14, 2020 10:09 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2774
Views: 275684

Re: [What TV Show Have You Recently Watched?]

Chicattle wrote: Fri Dec 11, 2020 7:36 pm The Boys on Amazon was fun. The Queen's Gambit on Netflix was really good I thought. Working on season 3 of The Crown on Netflix at the moment.
Just finished The Queen’s Gambit this evening. One of the best series I’ve seen in a while. Five stars. Two thumbs up.
by friar1610
Mon Dec 14, 2020 9:55 pm
Forum: Personal Investments
Topic: Lost desire to increase my portfolio, temporary?
Replies: 142
Views: 13103

Re: Lost desire to increase my portfolio, temporary?

Although I have never experienced what you described, I am sure many, if not most, people on the planet are not obsessed with portfolio value and maximizing retirement savings like people here. Why don't you buy a Corvette or something and get this out of your system. Maybe give money to charity. I...
by friar1610
Sun Dec 13, 2020 5:48 pm
Forum: Investing - Theory, News & General
Topic: The Psychology of Money - A Blog Post
Replies: 164
Views: 19884

Re: The Psychology of Money - A Blog Post

Another note of thanks for pushing this back to the top of the list. I had missed it before and thoroughly enjoyed the original post. Will be checking for the book at my local library as well! +1 Had missed it earlier and found the entire thread (including the linked Ferri-initiated thread on inves...
by friar1610
Thu Dec 10, 2020 1:15 pm
Forum: Investing - Theory, News & General
Topic: Vg Makes Rare Retreat as Price War It Started Takes a Toll
Replies: 142
Views: 13358

Re: Vg Makes Rare Retreat as Price War It Started Takes a Toll

I agree with TheTimeLord, I started at Vanguard but moved away due to their website and app being "basic" at best. I much prefer the Fidelity website and app, and the ease to which I can find information about my accounts and other stocks and index funds. I include other sites in my daily...
by friar1610
Mon Nov 30, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: medicare without supplement
Replies: 45
Views: 3827

Re: medicare without supplement

Anyone here have medicare without a supplement or advantage plan? I am in good health, so am considering just having medicare (and not a medicare advantage plan). I’ve always thought it was short-sighted to scrimp on health insurance because one is presumably in “good health”. That good health can ...
by friar1610
Sun Nov 29, 2020 8:18 pm
Forum: Personal Consumer Issues
Topic: Fitness Rowers: Hydrow vs Concept 2
Replies: 34
Views: 2476

Re: Fitness Rowers: Hydrow vs Concept 2

I bought this https://www.amazon.com/gp/product/B017HSNIEW/ref=ppx_yo_dt_b_asin_title_o02_s00?ie=UTF8&psc=1 on Amazon a couple of months ago. I'm in my 70s, very familiar with Concept 2 from my gym (now closed after 28 yrs). This is not a Concept 2, but the price is a small fraction. I do 1000m...
by friar1610
Sun Nov 29, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: Fitness Rowers: Hydrow vs Concept 2
Replies: 34
Views: 2476

Re: Fitness Rowers: Hydrow vs Concept 2

$38/month sounds a little pricey. Our kids row club provided C2s and laptops, and they were connected for all sorts of things from training to competition events off season, so it does have that option. Internationally, it's a very friendly community. I don't do any of that though, it's just me and...
by friar1610
Sun Nov 29, 2020 5:37 pm
Forum: Personal Consumer Issues
Topic: Fitness Rowers: Hydrow vs Concept 2
Replies: 34
Views: 2476

Re: Fitness Rowers: Hydrow vs Concept 2

I have never used a Concept 2. I have used a Hydrow (in fact I own a Hydrow). I'm a member of the Facebook Hydrow group. This question comes up often in that group so here's a summary of the replies: -- Concept 2 is the gold standard of rowers for actual rowing teams (colleges, olympics, etc.). -- ...
by friar1610
Sun Nov 29, 2020 5:25 pm
Forum: Personal Consumer Issues
Topic: Fitness Rowers: Hydrow vs Concept 2
Replies: 34
Views: 2476

Fitness Rowers: Hydrow vs Concept 2

I asked a similar question in a thread about Peleton bikes but was taking the thread off-topic. So here’s my question in its own thread: I regularly used a Concept 2 rower, alternating with spin classes, at my gym in the pre-COVID days and have considered buying one for home use as I may not rejoin ...
by friar1610
Fri Nov 27, 2020 5:17 pm
Forum: Personal Consumer Issues
Topic: I just bought a Peloton - Love it!
Replies: 116
Views: 10855

Re: I just bought a Peloton - Love it!

Just purchased a Hydrow with Best Buy's Black Friday sale. $600 off total ($250 off, $250 BB gift card, $100 in BB rewards by using credit card). Love my hydrow— literally the first exercise equipment I look forward to using (and it’s good for your core, and arms to some degree, vs a peloton where ...
by friar1610
Wed Nov 25, 2020 8:28 pm
Forum: Investing - Theory, News & General
Topic: 2021 retirement portfolio ?
Replies: 57
Views: 5548

Re: 2021 retirement portfolio ?

Ragman wrote: Tue Nov 24, 2020 6:48 pm Retired for 18 months. 50% Stocks/50% Bonds, with 20% of stocks in international. All in Vanguard admiral index funds. Plan to stick with this allocation.
^^^^ This. (With the exception of having been retired longer).
by friar1610
Fri Nov 20, 2020 8:40 pm
Forum: Personal Consumer Issues
Topic: Non-Alcoholic Beer/Wine/Mock Cocktails
Replies: 37
Views: 2535

Re: Non-Alcoholic Beer/Wine/Mock Cocktails

I only drink NA beers these days and then not that often. I agree with the above comments on Athletic Brewing Co., Clausthaler and St. Pauli Girl. I also like Kaliber (made by Guinness). Speaking of Guinness, I see they’ve just come out with an NA Stout but haven’t tried it yet. My expectations for ...
by friar1610
Wed Nov 18, 2020 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Happily retired but seriously considering going back to work
Replies: 78
Views: 6665

Re: Happily retired but seriously considering going back to work

Doesn't sound like my idea of fun at all. Part of the allure of jobs during retirement is the ability to try them out and just up and quit when the job is no longer fun. Money isn't important. I've read many threads on MMM from those who FIRED and then went back to consulting just "part time&q...
by friar1610
Sun Nov 15, 2020 2:17 pm
Forum: Investing - Theory, News & General
Topic: Roth conversion clarification
Replies: 7
Views: 931

Re: Roth conversion clarification

My interpretation of IRS Pub 590-B (for 2019) is a distribution is not qualified until the 5-year holding period is met. This would include distributions made on or after the date you reach age 59 1/2, made because you are disabled, made to a beneficiary or to your estate after your death, or one t...
by friar1610
Sat Nov 14, 2020 11:24 pm
Forum: Investing - Theory, News & General
Topic: Roth conversion clarification
Replies: 7
Views: 931

Re: Roth conversion clarification

Also be aware that you must take your RMD before you can withdraw additional funds to convert. This is a special yr since no RMD is required so you can convert at will. However in a normal yr, you must withdraw your RMD before you can withdraw other funds which you can convert..................you ...
by friar1610
Sat Nov 14, 2020 10:07 pm
Forum: Investing - Theory, News & General
Topic: Roth conversion clarification
Replies: 7
Views: 931

Re: Roth conversion clarification

Please clarify. Do you have an existing Roth of any amount? If so, the five year clock started with the year the first Roth was funded. Otherwise, from the Wiki: https://www.bogleheads.org/wiki/Inheriting_a_Roth_IRA Except for a few situations, inherited Roth IRAs are subject to most of the same ru...
by friar1610
Sat Nov 14, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: Roth conversion clarification
Replies: 7
Views: 931

Roth conversion clarification

I want to clarify one point regarding t-IRA to Roth conversions and haven’t been able to find the answer. Both my wife and I are past RMD age. I know that if I convert some of my t-IRA to a Roth IRA I can take my converted funds out of the Roth at any time without tax or penalty. I further understan...