Search found 1992 matches

by Vanguard Fan 1367
Mon Apr 12, 2021 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Coming out of being debt free - ??
Replies: 14
Views: 1273

Re: Coming out of being debt free - ??

Everybody has to do their own thing. I don’t like the second home or the mortgage but you have to live with the situation, not me.
by Vanguard Fan 1367
Fri Apr 09, 2021 2:06 am
Forum: Personal Finance (Not Investing)
Topic: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card
Replies: 62
Views: 5294

Re: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card

I stopped churning earlier last year, and just now grew tired of tracking categories on other cards. This is now my main card. Simplicity. I also like the simplicity of the Fidelity card. I have used them for many years. There are people who like to pay cash for things but I have found that the 2% ...
by Vanguard Fan 1367
Thu Apr 08, 2021 4:48 am
Forum: Personal Consumer Issues
Topic: Shoe Choice for a Walker
Replies: 33
Views: 2686

Re: Shoe Choice for a Walker

Changing to Nike Air or something similar at Walmart has really helped my hip not to hurt while walking.

At work and for social situations I used to wear leather loafers but not anymore for any walking.

Losing 30 pounds helped also.
by Vanguard Fan 1367
Wed Apr 07, 2021 10:49 pm
Forum: Personal Investments
Topic: Family with 4 little humans: chances of retiring/financial independence
Replies: 70
Views: 7069

Re: Family with 4 little humans: chances of retiring/financial independence

The wife and I also had 4 little humans. She used to complain that we had to scrimp and save. But she sucked it up and did it.

Dave Ramsey says that if you live like no one else later you get to live like no one else. Now that we are retired that has worked out just like that for us.
by Vanguard Fan 1367
Wed Apr 07, 2021 10:09 pm
Forum: Investing - Theory, News & General
Topic: Useless Investment Books
Replies: 106
Views: 9134

Re: Useless Investment Books

:confused I'm still waiting for a Peter Lynch devotee to tell us about an investment made following the guidance in one of Lynch's books and how that investment fared. So far no takers. I bought Chrysler, Pier One, Occidental Petroleum, Coca Cola, Sysco, Intel, Merck, and Florida Power Stock in the ...
by Vanguard Fan 1367
Sat Apr 03, 2021 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Is SCorp worth it in this case?
Replies: 14
Views: 939

Re: Is SCorp worth it in this case?

My business rocked and rolled till the Great Recession (2008). I had sei up an S Corp. After the recession I didn’t get much benefit from the S Corp and wouldn’t have done it had I known my business wasn’t going to rock and roll.
by Vanguard Fan 1367
Sat Apr 03, 2021 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to resolve tax disagreement with my CPA?
Replies: 28
Views: 4365

Re: How to resolve tax disagreement with my CPA?

I wouldn't trust anything the IRS says. Call them five times, and you'll get seven different answers. But I do agree with what you say here. 1) If my accountant isn't comfortable with something I plan to do, then we probably shouldn't work together. 2) If my accountant is basically ignoring me, the...
by Vanguard Fan 1367
Fri Apr 02, 2021 1:28 pm
Forum: Investing - Theory, News & General
Topic: nextdoor referral for "financial advisor" makes sad Boglehead
Replies: 39
Views: 4470

Re: nextdoor referral for "financial advisor" makes sad Boglehead

I also feel sad about non Boglehead investing.

Low fee index funds get a lot of business but many folks like another approach. I would experience a lot of pain paying 1 to 2 % of my assets in various fees each year.
by Vanguard Fan 1367
Fri Apr 02, 2021 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do you trust the current value of your portfolio?
Replies: 130
Views: 9193

Re: Do you trust the current value of your portfolio?

I have a number for my retirement. However, the number was reached far faster than I expected. So I am seriously considering to retire at the end of this year or next year (dependent upon my son's employment status). When I read around (on similar forums), it seems that everyone's portfolio grows a...
by Vanguard Fan 1367
Fri Apr 02, 2021 12:50 pm
Forum: Investing - Theory, News & General
Topic: Useless Investment Books
Replies: 106
Views: 9134

Re: Useless Investment Books

I don't understand the obsession many have here with reading countless investment books when the Bogleheads' approach to investing is so incredibly simple. I think it is more complex than that, the endless arguments DCA vs. LS being very good evidence of this. I have no idea what "DCA" or...
by Vanguard Fan 1367
Thu Apr 01, 2021 10:37 pm
Forum: Investing - Theory, News & General
Topic: Is active management paying off in these "difficult times"?
Replies: 6
Views: 1078

Re: Is active management paying off in these "difficult times"?

I used to think that less than 2% AUM and other fees wasn't a big deal. I appreciate Bogle pointing out that over time it is a big deal.
by Vanguard Fan 1367
Thu Apr 01, 2021 7:24 pm
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 223
Views: 15735

Re: 2021 Hedge Fund Contest

Isn't that sort of the whole point of this contest though? Pointing out how absurd it is to expect the average hedge fund cherry-picking stocks to outperform a broad index fund? Yes, there are some winners, but, on average, the hedge funds are trailing the broad index fund, as expected. If you can’...
by Vanguard Fan 1367
Wed Mar 31, 2021 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Go into private practice?
Replies: 15
Views: 2500

Re: Go into private practice?

jeanpierremelville wrote: Tue Mar 30, 2021 9:10 pm How was your practice valued when you sold? Was it a multiple of annual revenue or some other measurement?
It was appraised. They typically come up with a percent of annual production in their appraisal. I think the value was around 70% of annual production.
by Vanguard Fan 1367
Wed Mar 31, 2021 11:37 am
Forum: Investing - Theory, News & General
Topic: Useless Investment Books
Replies: 106
Views: 9134

Re: Useless Investment Books

juandelacruz wrote: Wed Mar 31, 2021 11:35 am Well, if I’d listened to Peter Lynch, I may have actually bought some Tesla stock when their showrooms were packed.
I did enjoy a ten bagger in OXY taking his advice to have a basket of stocks👍
by Vanguard Fan 1367
Tue Mar 30, 2021 12:26 am
Forum: Investing - Theory, News & General
Topic: Useless Investment Books
Replies: 106
Views: 9134

Re: Useless Investment Books

These books actually harmed my investment success: "How to Prepare for the Coming Bad Times" And "The Coming Economic Earthquake." Peter Lynch got me away from the doomsday prepper books and got me started with stock market investing. I found his books useful. My investment life ...
by Vanguard Fan 1367
Mon Mar 29, 2021 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Did you review your closing documents ahead of closing?
Replies: 31
Views: 2147

Re: Did you review your closing documents ahead of closing?

On my first 2 closings I was unaware of the implications of some of the things that I was signing. I have learned from my mistakes and have either hired an attorney to look things over or done it myself. Your time would be well spent figuring out how to read the documents before you close.
by Vanguard Fan 1367
Mon Mar 29, 2021 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Go into private practice?
Replies: 15
Views: 2500

Re: Go into private practice?

- opportunities to go and own real estate and also the value of building up a practice and selling it later on which I cannot do as an employee The income from owning the office real estate and the value of building up a practice and selling it later on has helped me significantly in my retirement.
by Vanguard Fan 1367
Mon Mar 29, 2021 7:39 pm
Forum: Investing - Theory, News & General
Topic: "Nobody Knows Nothin'"
Replies: 83
Views: 7853

Re: "Nobody Knows Nothin'"

I haven't read all the responses. I like the humor that Jack Bogle gave us in passing on that expression. I have read enough responses to see that not everyone appreciates his humor and his exaggeration. I do feel sorry for someone I know who really doesn't know much about investing. This person has...
by Vanguard Fan 1367
Mon Mar 29, 2021 7:33 pm
Forum: Personal Investments
Topic: Buying dividend stocks
Replies: 40
Views: 4139

Re: Buying dividend stocks

I have had a nice return with Vanguard's High Dividend Yield ETF, VYM. I used to have a nice dividend yield with Johnson and Johnson. I feel better with the John Bogle idea of having a well diversified basket of dividend paying stocks. My VYM is in an IRA so it avoids the tax problem of dividend tax...
by Vanguard Fan 1367
Sun Mar 28, 2021 10:37 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Fidelity's new Zero funds
Replies: 50
Views: 7783

Re: Thoughts on Fidelity's new Zero funds

The only downside is these funds are NOT portable to other brokerages - so as long as you intend to stick with Fidelity, there is practically no downside. I avoid them for that reason - other index funds cost virtually nothing anyway (not zero though). I agree with the “next to nothing” cost of som...
by Vanguard Fan 1367
Sun Mar 28, 2021 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Go into private practice?
Replies: 15
Views: 2500

Re: Go into private practice?

I am a retired dentist. I started my career as an associate and ended it as an associate. I definitely prefer private practice.

I like being my own boss.
by Vanguard Fan 1367
Sat Mar 27, 2021 6:14 pm
Forum: Investing - Theory, News & General
Topic: "--Jack Bogle chose to make others richer"
Replies: 25
Views: 2948

Re: "--Jack Bogle chose to make others richer"

I appreciate his books and his company. They have helped a lot to enjoy my retirement.
by Vanguard Fan 1367
Sat Mar 27, 2021 1:33 pm
Forum: Personal Investments
Topic: 68yo, considering leaving Vanguard
Replies: 27
Views: 4005

Re: 68yo, considering leaving Vanguard

If you haven’t read Bogle’s books I sure recommend them for “decent advice.”
by Vanguard Fan 1367
Fri Mar 26, 2021 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question
Replies: 10
Views: 1409

Re: Social security question

SS is pretty complicated. After studying and listening to advice here my 66 year old wife decided to take her benefit at her full retirement age of 66. When I start taking my SS at 70 she will then apply for a spousal benefit off my earnings which will be higher than her benefit. I am 68.
by Vanguard Fan 1367
Thu Mar 25, 2021 2:26 pm
Forum: Personal Investments
Topic: Why not one index fund instead of three?
Replies: 20
Views: 2948

Re: Why not one index fund instead of three?

If you want simplicity I like a 2 fund approach, one bond and one US Total Market. Avoiding International as per Bogle's books hasn't hurt me since I started trying to do what Bogle recommends in 2014. And as many have said, Vanguard's Total Stock Market Fund has corporations that get income from In...
by Vanguard Fan 1367
Thu Mar 25, 2021 2:16 pm
Forum: Personal Investments
Topic: If I can be in equities when I’m in my 20s and 30s why shouldn’t I hold all equities until the day I die?
Replies: 72
Views: 6562

Re: If I can be in equities when I’m in my 20s and 30s why shouldn’t I hold all equities until the day I die?

Bonds sure aren't much of an investment in today's world. So the all equities idea isn't as bad as when bonds paid 7%
by Vanguard Fan 1367
Thu Mar 25, 2021 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 420
Views: 51417

Re: Tales from this insane real estate market

It sort of feels like that. The big difference I see is that there was an enormous home building boom in our area in 2007, and right now, nothing is getting built. Something is being built. Have you looked at the price of building materials? $3 2x4x8 studs selling for $7 $7 sheets of 7/16 OSB selli...
by Vanguard Fan 1367
Tue Mar 23, 2021 3:02 pm
Forum: Personal Investments
Topic: Talk me out of changing AA to 50% stocks
Replies: 43
Views: 4603

Re: Talk me out of changing AA to 50% stocks

I think that with bond yields in the toilet that your 50 50 plan is reasonable. In the old days I should have been at 70 % bonds. I am at 30% bonds and 70% stocks.
by Vanguard Fan 1367
Mon Mar 22, 2021 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: JTWRS Problems - what are my options?
Replies: 136
Views: 10483

Re: JTWRS Nightmare - what are my options?

That medallion signature thing is a drag! I feel your pain. Legally the relative owns half of the fund. It would be interesting to know how much money we are talking about. Is it worth consulting an attorney to see what sort of options you have. If you could reconcile with this family member and for...
by Vanguard Fan 1367
Sun Mar 21, 2021 4:34 pm
Forum: Personal Investments
Topic: Do you think this fund is safe or risky compared to the Wellington? OAKBX OAKMARK EQUITY AND INCOME INVESTOR
Replies: 7
Views: 687

Re: Do you think this fund is safe or risky compared to the Wellington? OAKBX OAKMARK EQUITY AND INCOME INVESTOR

I like what some have said: “you get what you don’t pay for.” I think the lower expense ratio makes Wellington more attractive.
by Vanguard Fan 1367
Sun Mar 21, 2021 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Question about car depreciation
Replies: 3
Views: 695

Re: Question about car depreciation

I am pretty sure if you sell a fully depreciated vehicle that you will owe taxes on the selling price. I would need a tax advisor to tell me the amount.
by Vanguard Fan 1367
Thu Mar 18, 2021 10:12 pm
Forum: Personal Consumer Issues
Topic: Las Vegas or Tampa for retirement relocation?
Replies: 69
Views: 6037

Re: Las Vegas or Tampa for retirement relocation?

I love the Tampa area. I know nothing about Vegas.

One of my hobbies is salt water fishing.
by Vanguard Fan 1367
Thu Mar 18, 2021 6:55 pm
Forum: Personal Investments
Topic: SpecID vs HIFO for preferred Cost Basis method
Replies: 7
Views: 510

Re: SpecID vs HIFO for preferred Cost Basis method

I like SpecID. Before the COVID related phone issues I had a pleasant experience with a Vanguard rep helping with a tax loss harvesting sale.
by Vanguard Fan 1367
Thu Mar 18, 2021 6:38 pm
Forum: Personal Consumer Issues
Topic: Live on a lake in Florida?
Replies: 40
Views: 5395

Re: Live on a lake in Florida?

I like living on a lake in Florida.

This is an investment forum and because waterfront land is a limited quantity it has worked out better as an investment than non-waterfront.

We have awesome sunsets 🌅.
by Vanguard Fan 1367
Thu Mar 18, 2021 6:29 pm
Forum: Personal Investments
Topic: Converting 401k to Roth IRA
Replies: 5
Views: 591

Re: Converting 401k to Roth IRA

The book “The Tax Bomb in Your Retirement” is interesting reading.
by Vanguard Fan 1367
Tue Mar 16, 2021 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Is it safe to pay the IRS taxes on-line?
Replies: 9
Views: 1060

Re: Is it safe to pay the IRS taxes on-line?

I have used both and have not had a problem.
by Vanguard Fan 1367
Mon Mar 15, 2021 3:11 pm
Forum: Personal Consumer Issues
Topic: Club Publix: Worth It?
Replies: 17
Views: 2414

Re: Club Publix: Worth It?

JupiterJones wrote: Mon Mar 15, 2021 12:07 pm
Vanguard Fan 1367 wrote: Fri Mar 12, 2021 6:35 pm I just logged onto my Publix app. 164 digital coupons are there right now. If you like coupons then joining their club is probably worth it.
Are they name-brand coupons or are they for the (excellent) Publix store brand? Or both?
Today they have both name brand and Publix coupons.
by Vanguard Fan 1367
Fri Mar 12, 2021 6:35 pm
Forum: Personal Consumer Issues
Topic: Club Publix: Worth It?
Replies: 17
Views: 2414

Re: Club Publix: Worth It?

I just logged onto my Publix app. 164 digital coupons are there right now. If you like coupons then joining their club is probably worth it.
by Vanguard Fan 1367
Wed Mar 10, 2021 3:19 pm
Forum: Personal Consumer Issues
Topic: Solar Patio Pathway Lights that are indestructible or at least weed whacker proof?
Replies: 14
Views: 1369

Re: Solar Patio Pathway Lights that are indestructible or at least weed whacker proof?

I also have experience with both solar and low voltage. I prefer low voltage. In my hands the solars don't last very long.
by Vanguard Fan 1367
Wed Mar 10, 2021 10:30 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 331
Views: 23157

Re: Tips to stick to a weight loss diet?

What works for me is intermittent fasting, eating within the time period of 12-7pm. Once I got used to it, it became easy as pie. I eat what I want. No restrictions of carbs, fat, or sugar. I just get my eating done in that window, and the weight took care of itself after awhile. so if someone eats...
by Vanguard Fan 1367
Tue Mar 09, 2021 4:33 pm
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 223
Views: 15735

Re: 2021 Hedge Fund Contest

Wow! GME’s 2021 rise is pretty impressive!
by Vanguard Fan 1367
Mon Mar 08, 2021 2:08 am
Forum: Investing - Theory, News & General
Topic: 2021 Hedge Fund Contest
Replies: 223
Views: 15735

Re: 2021 Hedge Fund Contest

It was a tough week as bond market and inflation concerns weighed on the broader equity markets, and the tech and smaller cap sectors sold off in particular. :happy You know, I'm just pleasantly surprised that stocks which were chosen to spell out a phrase are performing around the same as the VTI ...
by Vanguard Fan 1367
Fri Mar 05, 2021 4:55 pm
Forum: Personal Consumer Issues
Topic: Podcasts - health/wellness/aging?
Replies: 13
Views: 852

Re: Podcasts - health/wellness/aging?

Bogleheads is built, in part, on the idea of financial due diligence. I see health issues in the same way. I don't do gurus, but I do review the information from sources I've come to view positively. What Bogle's book: Common Sense on Mutual Fund Investing did for me with investing, Fung's /The Obe...
by Vanguard Fan 1367
Wed Mar 03, 2021 3:23 am
Forum: Personal Investments
Topic: Please provide feedback on this fee-only advisor plan
Replies: 17
Views: 1819

Re: Please provide feedback on this fee-only advisor plan

The asset allocation is what I'd expect from a fee advisor. More diversified than something simple (90% S&P 500 / 10% cash). My question to you would be: do you like this or does something even simpler and maybe not as diversified seem easier on your head? I don't like the mortgage in general. ...
by Vanguard Fan 1367
Tue Mar 02, 2021 11:27 pm
Forum: Investing - Theory, News & General
Topic: Lost decade, how about the lost 25 yrs?
Replies: 56
Views: 7107

Re: Lost decade, how about the lost 25 yrs?

Is it possible we could see a decline as big as the crash of 1929 with a 25 year recovery period again? The high in 1929 was not reached again until around 1955-56. In the roaring 20s, looks like the Dow went up about 140% in around 5 years. Current rise of US markets is of a similar magnitude. Why...
by Vanguard Fan 1367
Tue Mar 02, 2021 5:47 pm
Forum: Personal Consumer Issues
Topic: Podcasts - health/wellness/aging?
Replies: 13
Views: 852

Re: Podcasts - health/wellness/aging?

Dr. Jason Fung has some great podcasts on diet and health.
by Vanguard Fan 1367
Tue Mar 02, 2021 4:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Website
Replies: 76
Views: 6227

Re: Vanguard Website

Chrome works great for me with Windows 10.
by Vanguard Fan 1367
Sun Feb 28, 2021 12:13 am
Forum: Investing - Theory, News & General
Topic: Amusing expense ratios / AUM.
Replies: 2
Views: 558

Re: Amusing expense ratios / AUM.

I agree. Pretty funny :D :wink:
by Vanguard Fan 1367
Fri Feb 26, 2021 8:20 pm
Forum: Personal Consumer Issues
Topic: How much do you spend nightly for hotels (leisure/vacation)?
Replies: 213
Views: 12796

Re: How much do you spend nightly for hotels (leisure/vacation)?

If you're going on vacation, do you generally have a limit as to how much you will spend on a hotel room? I know there are a lot of members on Bogleheads that seem to travel fairly frequently. If traveling for leisure, do you normally stay at the lower-end hotels such as a Holiday Inn, mid-priced o...
by Vanguard Fan 1367
Thu Feb 25, 2021 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Which 401k plan is better? This is for a small dental office
Replies: 39
Views: 5824

Re: Which 401k plan is better? This is for a small dental office

I have the American Dental Association endorsed AXA Equitable plan. I believe they charge 25 per person to set up the plan, 3 dollars a quarter per participant and then assets under management fees. I use their S & P 500 plan which has (I believe) a .87 percent expense ratio. Other options most...