Search found 120 matches

by rick51
Mon Apr 19, 2021 8:54 am
Forum: Personal Investments
Topic: REITs
Replies: 29
Views: 1662

Re: REITs

How would you expect a REIT Fund to behave during a period of high inflation? It looks like portfolio visualizer only has data on REITs as an asset class back to 1994. I’m thinking 1970 - 1982ish.
by rick51
Tue Apr 06, 2021 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Maryland Pension Income Subtraction
Replies: 3
Views: 308

Re: Maryland Pension Income Subtraction

Thanks for the quick reply.
by rick51
Tue Apr 06, 2021 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Maryland Pension Income Subtraction
Replies: 3
Views: 308

Maryland Pension Income Subtraction

Does the CSRS federal pension qualify for the pension exclusion for Maryland income taxes?
by rick51
Thu Mar 18, 2021 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of US government obligations
Replies: 4
Views: 495

Taxation of US government obligations

Vanguard provides account holders with information on US government obligations for each of its funds. The state of Maryland provides administrative release #13, which discusses taxation of US government obligations. Can anyone with experience doing Maryland taxes tell me if the Vanguard provided nu...
by rick51
Tue Mar 09, 2021 10:21 am
Forum: Investing - Theory, News & General
Topic: Why the disdain for managed funds like ARKK that destroy total market funds?
Replies: 827
Views: 68997

Re: Why the disdain for managed funds like ARKK that destroy total market funds?

OP, you do realize you are addressing your question to the alumni of the school of hard knocks. I’m not sure if distain is the right word. I do believe several posters are sincerely attempting to pass along the wisdom that their years of investing have brought them.
by rick51
Tue Mar 09, 2021 8:04 am
Forum: Personal Investments
Topic: Avoid blunder moving from money market to bonds
Replies: 16
Views: 1883

Re: Avoid blunder moving from money market to bonds

MishkaWorries wrote: Tue Mar 09, 2021 7:49 am What's your money market paying? Many, including mine, are paying more than bond funds. If that is the case, no need to switch.
Are you willing to share the name of your money market fund paying more than a total bond market fund?
by rick51
Mon Mar 08, 2021 8:22 am
Forum: Investing - Theory, News & General
Topic: Were You Around During Dotcom Bubble?
Replies: 266
Views: 20675

Re: Were You Around During Dotcom Bubble?

I get a kick out of the Cisco experiences in this thread. I made my first stock purchase in the late 1990s, I bought around $4500 in Cisco, watched it approach $60,000 and then back down to $6000 and I sold. After a few more attempts at stock picking, I decided to go the low cost, index fund route.
by rick51
Sun Mar 07, 2021 8:17 am
Forum: Personal Investments
Topic: Vanguard Checks Written on Brokerage/Settlement Account Being Rejected or Returned To Merchants
Replies: 74
Views: 7104

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

Think of Vanguard as a financial Costco an the other full service brokerages like your local retail grocery. :wink:
by rick51
Fri Mar 05, 2021 8:46 am
Forum: Personal Consumer Issues
Topic: How to make strong coffee equivalent to Starbucks for cheaper?
Replies: 134
Views: 10555

Re: How to make strong coffee equivalent to Starbucks for cheaper?

Is it the caffeine content, the flavor/strength or both that that the OP is complaining about. If it’s just the caffeine content that you’re trying to address and you like the Folgers you could just drink more of it. I think NoDoz is still on the market :wink: BTW I googled safe caffeine consumption...
by rick51
Thu Mar 04, 2021 10:12 am
Forum: Personal Investments
Topic: TSP Allocations Out Of "L" Fund
Replies: 23
Views: 1080

Re: TSP Allocations Out Of "L" Fund

Conventional wisdom says to max out your TSP contribution, if at all possible. Now to your question. I think all of your options are reasonable. I think most experts (I’m not) would be suggesting at least some bonds at this stage in your life/career and they would want to see some international, but...
by rick51
Sun Feb 21, 2021 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Changing Will, considering long term estate after gone
Replies: 31
Views: 2437

Re: Changing Will, considering long term estate after gone

I saw part of a recent interview with Melinda Gates. She and Bill Gates decided against perpetual estate/foundation opting for one that would outlive them by only 40yrs (I think that's what she said). Their reasoning was that it would enable them to spend their fortune faster in hopes that it would ...
by rick51
Sat Feb 20, 2021 8:18 am
Forum: Investing - Theory, News & General
Topic: If bonds cost more (negative real yields), why don’t I want less of them?
Replies: 87
Views: 4666

Re: If bonds cost more (negative real yields), why don’t I want less of them?

I agree that a 20 something or 30 something probably doesn’t need bonds in their retirement portfolio, but by the time they reach retirement age interest rates could very well be quite a bit higher and bond investing might look quite attractive 20+ years from now.
by rick51
Fri Feb 19, 2021 7:28 pm
Forum: Investing - Theory, News & General
Topic: iShares 2020 year end info: Where to Find?
Replies: 5
Views: 463

Re: iShares 2020 year end info: Where to Find?

https://www.ishares.com/us/library/tax

Not sure I did the link correctly, but give it a try.
by rick51
Fri Feb 19, 2021 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: E-filing form 1116 [FreeTaxUSA]
Replies: 122
Views: 9894

Re: Can't E-file form 1116

I have just finished reviewing (but not yet filing) with Turbotax, Deluxe version. No errors found but maybe my 1116 gets flagged when I attempt to e-file. Usually at this point in the process, I would already have gotten a message that e-file won't be an option.
by rick51
Fri Feb 19, 2021 9:30 am
Forum: Personal Investments
Topic: CapitalOne Money vs Vanguard Brokerage MM
Replies: 10
Views: 1261

Re: CapitalOne Money vs Vanguard Brokerage MM

I’m using a combination of Capital One 360 savings at 0.4% and Vanguard‘s Ultra Short Bond Fund. The savings are for any financial emergencies over the next year. Typically, I wouldn’t put any of my emergency funds in a bond fund. But, this ultra short bond bond has an average duration of one year. ...
by rick51
Fri Feb 19, 2021 8:59 am
Forum: Investing - Theory, News & General
Topic: Abandon Fama French Factor Model?
Replies: 52
Views: 3391

Re: Abandon Fama French Factor Model?

What jumps out for me is how the colors change as you lengthen the timeframe. By the time we get to five years all the pink is gone and the green is more evenly distributed across all styles. What would 10 years look like what would 20 years look like and how many years of data did Fama and French u...
by rick51
Thu Feb 04, 2021 10:01 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1574
Views: 94461

Re: What are you listening to now

Various jazz artists that were used as sound track to Bosch TV series. There are several shared playlists on iTunes.
by rick51
Sun Jan 31, 2021 8:19 am
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 595
Views: 55558

Re: What is your age and asset allocation ?

69 year old pensioner, wife 69 too.

55% US equities
15% International
25% Bond
5% Cash/CD
by rick51
Mon Jan 18, 2021 2:36 pm
Forum: Personal Consumer Issues
Topic: Preparing for 2021 Garden - Seed Suppliers
Replies: 19
Views: 1396

Re: Preparing for 2021 Garden - Seed Suppliers

I don’t do much gardening these days, but I once did quite a bit and used Burpee seeds with good results.
This might be of interest -

https://www.thegardenglove.com/top-gard ... -catalogs/
by rick51
Wed Jan 13, 2021 8:41 am
Forum: Investing - Theory, News & General
Topic: Buffett on Asset Allocation
Replies: 58
Views: 5656

Re: Buffett on Asset Allocation

As an investor’s investment horizon lengthens, however, a diversified portfolio of U.S. equities becomes progressively less risky than bonds, assuming that the stocks are purchased at a sensible multiple of earnings relative to then-prevailing interest rates. Can this be expressed mathematically? W...
by rick51
Fri Jan 01, 2021 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Powerball- Mega Million Near 400M
Replies: 28
Views: 2493

Re: Powerball- Mega Million Near 400M

So here’s a twilight zone plot, a guy goes into the store to buy what turns out to be the winning lottery ticket! 400 million bucks! His trip into the store results in him being infected by covid and he dies weeks later.
by rick51
Fri Dec 18, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Parents choosing college options for their kids based on affordability
Replies: 60
Views: 3082

Re: Parents choosing college options for their kids based on affordability

My parents let me choose regardless of price, but that was fifty years ago and they could afford it. A quick Google search indicates cost of college has more than tripled (adjusted for inflation) in that time. I’m sure this changes the conversation around the dinner table on this topic. That and the...
by rick51
Thu Dec 17, 2020 1:47 pm
Forum: Investing - Theory, News & General
Topic: Which rule should take precedence?
Replies: 18
Views: 1838

Re: Which rule should take precedence?

Thanks to all for your input. I’m convinced that at least in this case one should not wait.
by rick51
Tue Dec 15, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: Which rule should take precedence?
Replies: 18
Views: 1838

Which rule should take precedence?

When dealing with a lump sum the conventional wisdom is: - invest it all ASAP, but also - don’t buy the dividend If you come into a lump sum (lets say about $100,000 for the sake of argument) a few weeks before the ex dividend date on your intended investment (Vanguard total stock market), do you in...
by rick51
Fri Dec 11, 2020 10:16 am
Forum: Personal Investments
Topic: Best way to recreate/approximate the Vanguard Total Stock Market Index Fund using the Vanguard 500 Index Fund and...?
Replies: 10
Views: 567

Re: Best way to recreate/approximate the Vanguard Total Stock Market Index Fund using the Vanguard 500 Index Fund and...

From the wallstreetphysician.com “ By investing in the S&P 500, you can more cleanly tailor your large-cap and small-cap exposures to your liking. If you invest in the total stock market, then you need to account for the fact that the total stock market is approximately 78% large caps, 17% mid-c...
by rick51
Fri Nov 27, 2020 4:07 pm
Forum: Personal Consumer Issues
Topic: Bogleheadish lessons/fables for grade school.
Replies: 3
Views: 393

Bogleheadish lessons/fables for grade school.

There must be a thread somewhere on this site, but I can’t find it. I’m looking for stories for my grandkids (K-12) to instill sound saving and investment behaviors. I am a fan of a few of Aesop‘s fables, but there must be a bunch of other good ones out there any suggestions?
by rick51
Mon Jul 13, 2020 12:46 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2771
Views: 275476

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

The Night Manager on Amazon prime
by rick51
Fri Jun 05, 2020 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit
Replies: 32
Views: 2070

Re: Foreign Tax Credit

Thanks kaneohe for your response to my questions and I see grabiner has joined in too, whom I wish to thank for his contributions to the several threads on this difficult topic, adding clarity for me to the IRS documents on this subject.
by rick51
Thu Jun 04, 2020 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit
Replies: 32
Views: 2070

Re: Foreign Tax Credit

If you are over the $300/600 limit and must file form 1116 to take the credit, but you are under the $20,000 threshold on foreign dividends and Line 7 of the Qualified Dividends and Capital Gain Tax Worksheet doesn't exceed $315,000 (if married filing jointly), then you can elect the adjustment exce...
by rick51
Tue Jun 02, 2020 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit
Replies: 32
Views: 2070

Re: Foreign Tax Credit

Thanks for the link.
by rick51
Tue Jun 02, 2020 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit
Replies: 32
Views: 2070

Re: Foreign Tax Credit

The funds in question are:

EFA - ISHARES MSCI EAFE ETF and
PXH - INVESCO FTSE RAFI EMERGING MARKETS ETF
by rick51
Tue Jun 02, 2020 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit
Replies: 32
Views: 2070

Foreign Tax Credit

In addition to my consolidated brokerage 1099, I get a foreign tax paid statement for my Vanguard funds, but not for my non-Vanguard funds held at Vanguard. This additional statement shows that the total dividend income for my Vanguard International fund is slightly less than that reported on the 10...
by rick51
Wed Mar 11, 2020 7:46 pm
Forum: Investing - Theory, News & General
Topic: Can You Retire on the S&P 500?
Replies: 60
Views: 6029

Re: Can You Retire on the S&P 500?

Rick Ferri had Paul Merriman on the Boglehead Podcast in Feb. This diversified portfolio with a tilt to small and to value looks very similar to what Mr. Merriman proposes though he stresses this is a plan for a life time of investing (30+years) and as for its future performance he points out that t...
by rick51
Wed Mar 11, 2020 5:01 pm
Forum: Personal Consumer Issues
Topic: Coronavirus Movie Suggestions
Replies: 104
Views: 7339

Re: Coronavirus Movie Suggestions

"Cargo" (full disclosure I have yet to watch it, but the trailer looks entertaining)

Try a Google search on the 58 best pandemic movies to binge in quarantine. Oops, I see that suggestion above already.
by rick51
Mon Sep 02, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest
Replies: 56
Views: 9669

Re: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest

In the 2010 version of his book, The Four Pillars of Investing, on page 255 he recommends to avoid placing the Vanguard Total International Fund in a taxable account because it’s a fund of funds and not eligible for foreign tax exclusion. Is this correct?
by rick51
Sun Jul 21, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Should relative incomes be a factor in wedding gift?
Replies: 107
Views: 7498

Re: Should relative incomes be a factor in wedding gift?

Quite a disparity in “normal” gifts. I guess it reflects the general economic/cultural disparity in our society. Recently went to one of our best friends’ daughters wedding. Gave our standard cash gift ($1,000). Lovely wedding. Probably more than most would give but we tend to be generous in most t...
by rick51
Sat Jul 06, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6583
Views: 1452709

Re: What Movie Have You Recently Watched?

Took my tweenage grandsons to Spiderman - Far From Home (in theater). I was surprised at how much I enjoyed the film, but this was more about bonding with the grandkids and they really enjoyed the film.
by rick51
Sat Mar 30, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: "The best and worst U.S. states for retirement"
Replies: 303
Views: 38691

Re: "The best and worst U.S. states for retirement"

I once lamented to a Floridian friend that by the time I was ready to retire all the real estate in Florida would be gone. He said with a wry smile,not to worry, a third of the real estate in Florida is for sale every day. https://www.worldatlas.com/articles/the-us-states-with-the-oldest-population....
by rick51
Thu Mar 21, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: When is it time for a new smartphone?
Replies: 66
Views: 5102

Re: When is it time for a new smartphone?

If you keep an old phone that is functioning properly, that's not cheap, that's frugal. If you keep an old phone that has a defect that in your own words is annoying, well then, I have to side with your family :wink: Time to replace. As has been suggested, how about a new older model?
by rick51
Sat Mar 16, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Why should FEHB members buy Medicare Part B?
Replies: 179
Views: 28076

Re: Why should FEHB members buy Medicare Part B?

This is an excellent thread with no action for some time now. It's 33 months old and past the decision point for a few posters. If you are still out there, what did you finally decide? And is there anything that has happened in the last few years that would impact this decision? I made my decision 3...
by rick51
Thu Mar 14, 2019 6:36 am
Forum: Personal Investments
Topic: tIRA to TSP and Prorata rule
Replies: 20
Views: 1236

Re: tIRA to TSP and Prorata rule

Thank you Alan S. Pub 590A, p. 21 is exactly the sort of reference I was looking for.
by rick51
Wed Mar 13, 2019 4:41 pm
Forum: Personal Investments
Topic: tIRA to TSP and Prorata rule
Replies: 20
Views: 1236

Re: tIRA to TSP and Prorata rule

So if I can complicate my original TSP post, which I think might apply to any 401(K) type plan that allows IRA to employer plan transfers - What if one transfers most of the pretax dollars back to the employee plan (TSP in my case) leaving a tIRA that is now mostly post tax dollars. I assume if you ...
by rick51
Tue Mar 12, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 37647

Re: [2018 tax return - How does it compare to previous years?]

My taxes went up about $300 when taking new standard deduction, but state taxes jumped a few grand. If you take the Federal standard deduction, you can't itemize your Maryland state return. I ran my taxes both ways and I can either itemize and send a few extra grand to the Feds (SALT limits make ite...
by rick51
Thu Feb 28, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 342
Views: 24374

Re: How do YOU make coffee?

Windylotus wrote: Thu Feb 28, 2019 3:55 pm
Bronko wrote: Thu Feb 28, 2019 3:41 pm Burr grind whole beans from Costco every morning. Electric kettle the water to boil and use a french press. Takes a few extra minutes but the taste is great and cost is right.
+1
+2
by rick51
Fri Jan 18, 2019 6:34 am
Forum: Personal Consumer Issues
Topic: Wild Planet Sardines quality problem [Review of sardine brands]
Replies: 36
Views: 6415

Re: Wild Planet Sardines quality problem [Review of sardine brands]

Slightly of topic, but I buy Wild Planet Mackerel from Morocco and the quality has been good.
by rick51
Thu Jan 10, 2019 8:32 am
Forum: Personal Investments
Topic: tIRA to TSP and Prorata rule
Replies: 20
Views: 1236

Re: tIRA to TSP and Prorata rule

Thanks to all for the replies. I did speak with the TSP again and they confirmed what jchris has said about section II of form TSP- 60. They will accept a letter certifying its a qualified plan, if they won't complete the TSP-60, and I can specify the amount to transfer. I'll give Vanguard another c...
by rick51
Tue Jan 08, 2019 10:36 am
Forum: Personal Investments
Topic: tIRA to TSP and Prorata rule
Replies: 20
Views: 1236

tIRA to TSP and Prorata rule

If you have a traditional IRA with non-deductible (taxed) contributions as well as deductible (tax-deferred) contributions, can you move just the tax-deferred funds to your tax-deferred TSP account? The TSP help line thinks maybe yes, Vanguard (my IRA custodian) is not sure and views it as tax quest...