Search found 5294 matches

by dratkinson
Sat Apr 10, 2021 9:07 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 452
Views: 32971

Re: [On-going Scams - Post them here]

Mentioned that I'd had a call from a scammer who said I'd been over-charged and they wanted to give back the money. Told them to keep the money... which confused them. I hung up and thought nothing more about it. But, have since learned more about what I missed by not playing their game. Most intere...
by dratkinson
Fri Apr 09, 2021 8:35 am
Forum: Personal Investments
Topic: I cant find anything better than S&P
Replies: 65
Views: 5991

Re: I cant find anything better than S&P

cegibbs wrote: Fri Apr 09, 2021 7:18 am S&P500 is a fantastic investment. Warren Buffett and Jack Bogle approved.
Search "Warren Buffett 10 year bet": https://www.google.com/search?q=warren+ ... 0+year+bet
by dratkinson
Wed Apr 07, 2021 9:40 am
Forum: Personal Investments
Topic: What to do with inherited Nuveen muni bonds
Replies: 9
Views: 785

Re: What to do with inherited Nuveen muni bonds

Your tax brackets suggest munis are appropriate. When I was researching single-state muni funds, recall reading Nuveen prospectus and finding lots to dislike: AMT, leverage,... forget all what else---lots of stuff I recalled reading that we should avoid. Student exercise. --Read prospectus for all y...
by dratkinson
Wed Apr 07, 2021 12:13 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2277
Views: 270601

Re: Post your Financial Milestone Announcements Here

I'm really excited that I finally have a retirement plan in place. I'm young but anxiety around finances kept me putting it off for like 3 years because I just couldn't do it. 1 week on the bogleheads wiki and forum... it's set I went with the 3 fund with % bonds = age for simplicity. Couldn't beli...
by dratkinson
Tue Apr 06, 2021 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: I feel like my friend is about to make a massive financial mistake
Replies: 153
Views: 22332

Re: I feel like my friend is about to make a massive financial mistake

... So, you could suggest to your friend, why not just add up all the money he is going to kick into this project, divide that number by 5 , and write 4 checks, each for that amount; one to his gf and one to each of the gf's siblings. They get free money. Then they all go in as equal partners. It's...
by dratkinson
Tue Mar 30, 2021 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Voluntary state withholding from qualified pension?
Replies: 14
Views: 830

Re: Voluntary state withholding from qualified pension?

I need to withhold for fed + state, to cover income from pension + SS + taxable distributions. Pension. I ask employer to withhold for fed + state. SS. I ask SS to withhold for fed. (SS does not withhold for state.) Tax-deferred withdrawals. Have read we can withhold tax on withdrawals (conversions,...
by dratkinson
Tue Mar 30, 2021 4:44 pm
Forum: Personal Consumer Issues
Topic: How to fix leaky/drafty sliding patio door window?
Replies: 5
Views: 483

Re: How to fix leaky/drafty sliding patio door window?

I really only cared about air infiltration during the winter. Summer cooling comes from swamp cooler... air's gotta go out somewhere. I push a thick foam backer rod into the space between sliding door and frame. I can still open door, with some difficulty, but must reinsert backer rod afterwards. Se...
by dratkinson
Sun Mar 28, 2021 9:13 pm
Forum: Personal Investments
Topic: Desperately asking for help - Thank you!
Replies: 39
Views: 5271

Re: Desperately asking for help - Thank you!

Thank you for pointing this out. I looked these two tax exempt bond index history and I do see they had losses. I am concerning if they are good safe bonds and if so, the ultimate result should be gain (income/capital). My understanding may not be correct and I feel I don't have other choices. … Th...
by dratkinson
Sat Mar 27, 2021 4:09 pm
Forum: Personal Investments
Topic: Desperately asking for help - Thank you!
Replies: 39
Views: 5271

Re: Desperately asking for help - Thank you!

RadAudit made me remember something. What? Another way to guesstimate an appropriate AA. The forum generally advises that we set our AA based on bonds: age-in-bond (conservative), age-10-in-bonds (aggressive), or age-20-in-bonds (very aggressive). But Adrian's Rule comes at setting our AA from the o...
by dratkinson
Fri Mar 26, 2021 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Account - Checking
Replies: 38
Views: 3524

Re: Bank Account - Checking

... Disclosure. I use presidential.com (bank) for primary checking ($1500 min balance to avoid $5 fee); later added local B&M canvas.org (CU) for local access, free 0.10% savings and 0% (backup) checking; and ABP by CC technique to boost their yield on 1yr of living expense kept there. The conv...
by dratkinson
Thu Mar 25, 2021 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Bank Account - Checking
Replies: 38
Views: 3524

Re: Bank Account - Checking

Most local credit union have free checking with $0 fees. Most do not ask you to use debit cards X times per month. If online is ok I would go with https://www.alliantcreditunion.org/ .55% on saving easy move money to checking as needed Here is $100 for opening it https://ww2.alliantcreditunion.org/...
by dratkinson
Thu Mar 25, 2021 6:44 am
Forum: Investing - Theory, News & General
Topic: I bonds vs. tax advantaged accounts
Replies: 16
Views: 1859

Re: I bonds vs. tax advantaged accounts

Buying I bonds with your tax refund makes doing taxes less onerous. Disclosure. Several years back, I simplified my investments, by redeemed all savings bonds to replace them with no-annual-contribution-limit municipal bond funds, to get the munis' fed+state tax benefits, and higher after-tax income...
by dratkinson
Thu Mar 25, 2021 6:34 am
Forum: Personal Investments
Topic: Desperately asking for help - Thank you!
Replies: 39
Views: 5271

Re: Desperately asking for help - Thank you!

The simpler are your investments, the fewer moving pieces to worry you. To that end, use: --In your tax-advantaged accounts (tax-deferred (401k, traditional IRA,...), tax-free (Roth IRA,...)), use an all-in-one fund. It'll manage itself. --In your taxable account, use total stock market index fund, ...
by dratkinson
Wed Mar 24, 2021 8:37 am
Forum: Personal Investments
Topic: Talk me out of changing AA to 50% stocks
Replies: 43
Views: 4597

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

While increasing your stock asset allocation when the market is near a peak is usually the wrong time to do it, one could argue that you're just shifting some funds from a highly concentrated equity position in a single business to the overall stock market. Asset allocation should be considered ove...
by dratkinson
Wed Mar 24, 2021 7:14 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 452
Views: 32971

Re: [On-going Scams - Post them here]

Beware of emails with something like this: Dear Subscriber, #xxxxxxxxxxxxxxx Unfortunately your free trial is ending in 2 days. But thank you for choosing to stay with us! Your subscription will be continued using a payment method you already provided. The plan you selected will cost you only $89.9...
by dratkinson
Tue Mar 23, 2021 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Which U.S. military bases are the best locations to work as a civilian RN?
Replies: 19
Views: 2364

Re: Which U.S. military bases are the best locations to work as a civilian RN?

If you want the Colorado experience, there are several bases (AF, Army) around Colorado Springs; USAF Academy and Peterson AFB come immediately to mind and lower cost of living that in Denver. But would think younger folks looking for adventure should enjoy the experience of living overseas. Then re...
by dratkinson
Mon Mar 22, 2021 10:53 pm
Forum: Personal Consumer Issues
Topic: Overthinking my Lawnmower Purchase (Push vs. Riding)
Replies: 56
Views: 2907

Re: Overthinking my Lawnmower Purchase (Push vs. Riding)

Why don't you just get some neighbor kid to mow it and move on? I called three lawn services for estimates and, based on their averages, that would cost $900-1,000 per year. That's not something I'm willing to pay in perpetuity for an incredibly easy activity. I think you have justified the expense...
by dratkinson
Mon Mar 22, 2021 10:21 pm
Forum: Personal Investments
Topic: Considering $1M conversion from TIRA to my Roth. Talk me out of it!
Replies: 58
Views: 4584

Re: Considering $1M conversion from TIRA to my Roth. Talk me out of it!

Suggest reading this to wag your Equilibrium Tax Bracket, for a single-filer after RMDs start: https://www.kitces.com/blog/tax-rate-equilibrium-for-retirement-taxable-income-liquidations-roth-conversions Then consider annually converting up to the top of your Equilibrium Tax Bracket. Assuming you ha...
by dratkinson
Mon Mar 22, 2021 12:52 pm
Forum: Personal Investments
Topic: New invester
Replies: 6
Views: 522

Re: New invester

Recommended timeframes and vehicles to save for short-term goals.
<5yrs: insured savings, CDs, mmkt, savings bonds. (Savings bonds have 1yr lockout and annual purchase limits.)
5-10yrs: safe bond funds.
>10yrs: safe equity funds.


Welcome.
by dratkinson
Mon Mar 22, 2021 11:50 am
Forum: Personal Investments
Topic: Retirement in a year and need help with planning
Replies: 5
Views: 1364

Re: Retirement in a year and need help with planning

Question. Can OP make a charitable donation of his rental properties ($1.25M) and get a dollar-for-dollar deduction on a 1yr conversion of his $1.3M TSP?
by dratkinson
Sun Mar 21, 2021 12:45 pm
Forum: Personal Consumer Issues
Topic: iRobot i6+ or i8+?
Replies: 2
Views: 366

Re: iRobot i6+ or i8+?

Another option. In January, for my 1200sqft ranch, I bought a Shark IQ robot vacuum with bagless self empty base (local Walmart, 90-day return policy): https://www.walmart.com/ip/Shark-IQ-Robot-Vacuum-Self-Empty-Base-Bagless-Cleaning-Brushroll-Advanced-Navigation-Home-Mapping-Powerful-Suction-Perfec...
by dratkinson
Fri Mar 19, 2021 8:08 pm
Forum: Personal Investments
Topic: Retirement in a year and need help with planning
Replies: 5
Views: 1364

Re: Retirement in a year and need help with planning

BH Retirement in a year and need help with planning. What is your income for this year, and tax brackets (fed, state)? The devil is in the details. Safe Withdrawal Rate (SWR). The typical advice is that a 4% SWR from our retirement nest egg will be depleted it in 30yrs. This is okay if we retire at ...
by dratkinson
Tue Mar 16, 2021 8:18 pm
Forum: Personal Consumer Issues
Topic: I need a trickle car battery charger for garage queen...
Replies: 84
Views: 5113

Re: I need a trickle car battery charger for garage queen...

Data points. Disconnected battery. Preemptively bought new vehicle battery and planned to use old battery to start backup generator. Removed battery set on garage floor for a long time before getting around to building new generator cart and installing battery. Long story short. Battery was dead and...
by dratkinson
Sat Mar 13, 2021 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Bank account suggestions
Replies: 24
Views: 2027

Re: Bank account suggestions

My existing banking relationship has nation-wide B&M branches and pays 2%/yr tax-free on 1yr of living expenses kept in checking/saving. As good as it sounds, this relationship does not exist in its natural form in the wild; it has to be created from pieces-parts. Pieces-parts: location. Use a l...
by dratkinson
Fri Mar 12, 2021 8:27 pm
Forum: Personal Investments
Topic: I'm a newbie, follow BH investing, but feel left out during stock conversations
Replies: 50
Views: 4554

Re: I'm a newbie, follow BH investing, but feel left out during stock conversations

Almost everything you need to know about personal finances. Suggested library books. -- The Only Investment Guide You'll Every Need , Tobias. General personal finance topics. -- The Bogleheads' Guide to Investing . Retirement-specific investing topics. -- Date... or Soul Mate , Warren. Priceless if ...
by dratkinson
Thu Mar 11, 2021 7:16 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 452
Views: 32971

Re: [On-going Scams - Post them here]

Ya'll's Amazon problems remind me. Amazon mystery charge. Similar situation several years ago. Placed 1 order for 5x "illuminated universal front-door garage-door push button", ~$5/ea + ~$10 s&h, so expecting to pay $35 (=25 +10s&h). Received Amazon confirmation email for ~$75 (=25...
by dratkinson
Thu Mar 11, 2021 10:04 am
Forum: Personal Investments
Topic: Disclosure: My Colorado muni bond fund: WTCOX.
Replies: 9
Views: 2306

Re: Disclosure: My Colorado muni bond fund: WTCOX.

Received a letter from SBH saying it was in merger talks with CI Financial. Went looking and found this.
Article: https://www.sbhic.com/wp-content/upload ... tywire.pdf

Fingers crossed that WTCOX's future resembles its past.
by dratkinson
Wed Mar 10, 2021 7:32 pm
Forum: Personal Investments
Topic: Windfall, VTSAX, and taxes
Replies: 22
Views: 2767

Re: Windfall, VTSAX, and taxes

If you've already received the STCG windfall, then the tax is already owed and due on it. Need to research quarterly tax payments. Search: https://www.google.com/search?q=estimated+quarterly+tax Set the money aside to pay the tax owed now. You can invest the rest. Since your new investment will thro...
by dratkinson
Mon Mar 08, 2021 9:02 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 452
Views: 32971

Re: Another telephone SCAM

MS tech support scam. A short few years back, I played with a guy from MS tech support for ~30mins. At the time I had a 95' Dell PII, running Win98 PC---slow but adequate for my needs (email, web browsing, Excel, Word). I'd was rested, had my Wheaties, and ready to play. I told him my PC was current...
by dratkinson
Mon Mar 08, 2021 7:46 pm
Forum: Personal Consumer Issues
Topic: Help me fix my toilet flush handle - it's too LIGHT!
Replies: 26
Views: 1838

Re: Help me fix my toilet flush handle - it's too LIGHT!

... And to the other person above - I can easily remove the float from my chain, which I've done repeatedly. Makes literally no difference to the initial flush, at least that I can tell of. It's crazy light even with no float on it whatsoever (but then flapper closes super fast.) * * The float, &qu...
by dratkinson
Sat Mar 06, 2021 6:42 pm
Forum: Personal Investments
Topic: Advice for daughter on financial adviser
Replies: 36
Views: 3699

Re: Advice for daughter on financial adviser

"Post by Dottie57 » Thu Mar 04, 2021 4:23 pm She doesn’t need a financial advisor. Most in the forum do not. ... One question,so I know that EJ has the front load fees, so how what does Vanguard do with the other fees from the mutual funds that EJ was receiving beside the Front Load? EJ got it...
by dratkinson
Sat Mar 06, 2021 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Mechanics of teen's 1st tax return
Replies: 35
Views: 2009

Re: Mechanics of teen's 1st tax return

Can use IRS free file option next year to get free fed+state+efile. I've used OLT and like it. But it has a lower AGI limit of $16K, so don't know if it's returns would be free for junior. (Mine is <$20 because I'm over free file limit.) Some options have no lower income limit, but charge for state....
by dratkinson
Sat Mar 06, 2021 4:12 pm
Forum: Personal Consumer Issues
Topic: Help me fix my toilet flush handle - it's too LIGHT!
Replies: 26
Views: 1838

Re: Help me fix my toilet flush handle - it's too LIGHT!

Idea, weighted toilet flapper: https://www.youtube.com/watch?v=3vK3-OwhYdQ&ab_channel=BradSaintGeorge Or you could attach the magnets/weight* to the trip lever that runs from your toilet handle to the flapper chain. (* That would be livesoft's small shampoo bottle partially filled with rocks/wat...
by dratkinson
Sat Mar 06, 2021 3:45 pm
Forum: Personal Investments
Topic: Is it important to log what I bought a mutual fund for at different points?
Replies: 15
Views: 3781

Re: Is it important to log what I bought a mutual fund for at different points?

I too keep a binder of all annual statements. And it includes the specific ID sales paperwork. But I had not thought to make the paper statements more useful by annotating the lots sold, to link them to the sales paperwork and tax return. The annotations would come in handy if I lost the electronic ...
by dratkinson
Sat Mar 06, 2021 3:20 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 592
Views: 203488

Re: Forum software upgrade bug reports and change requests

Bug report: on screen rendering issue Viewing New Posts (and Your Posts, Unread Posts, Active Topics) in Brave browser at some levels of zoom-in results in incorrect appearance of some of the topics in the list. There is a title line and an author-date-time-which_forum line. When the error is prese...
by dratkinson
Fri Mar 05, 2021 7:41 pm
Forum: Personal Consumer Issues
Topic: Replacing Sprikler Backflow Valve
Replies: 13
Views: 804

Re: Replacing Sprikler Backflow Valve

Mine is above ground, on copper pipe, and connected by unions. Relative easy to replace. --Remember replacing an internal plastic piece, once. Old plastic cracked? --Remember replacing whole valve, once. Freeze damage split valve. Lesson learned: leave lower shutoff valve partially open after fall b...
by dratkinson
Fri Mar 05, 2021 7:00 pm
Forum: Personal Investments
Topic: Is it important to log what I bought a mutual fund for at different points?
Replies: 15
Views: 3781

Re: Is it important to log what I bought a mutual fund for at different points?

Search dates of covered shares: https://www.google.com/search?q=covered+shares+dates It was 1 Jan 2012 for mutual funds. I would expect the cost basis information to be preserved if you moved to another brokerage. But something might happen, so having backup records could be beneficial. I began Exce...
by dratkinson
Wed Mar 03, 2021 4:52 pm
Forum: Personal Consumer Issues
Topic: Do all flip flops/sandals squeak when wet?
Replies: 15
Views: 1172

Re: Do all flip flops/sandals squeak when wet?

khunron wrote: Wed Mar 03, 2021 3:05 pm Seriously? How do posts like this add anything to "On the Forum, members discuss financial news and theory"?
However you spend money. Quiet sandals means we save money on ear plugs. :mrgreen:
by dratkinson
Wed Mar 03, 2021 4:45 pm
Forum: Personal Consumer Issues
Topic: Car idle RPM fluctuations - is it a problem? Solved
Replies: 7
Views: 830

Re: Car idle RPM fluctuations - is it a problem?

Thanks for your replies. I found the answer. Read this online, "The car defroster does use the air conditioning to defog the front windshield. If the a/c system is not functioning then the system will not work as designed." My car climate control was set to defrost. I don't remember setti...
by dratkinson
Tue Mar 02, 2021 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Issues selling an estate owned "landlocked" vacant lot in NC
Replies: 42
Views: 3605

Re: Issues selling an estate owned "landlocked" vacant lot in NC

Could thank the city for its contributions over the years and ongoing support for your situation by giving property to a local gang. Surely gangs need a quiet place to party,.... See: https://en.wikipedia.org/wiki/Category:Gangs_in_North_Carolina On the other hand, I got rid of an out of state prope...
by dratkinson
Tue Mar 02, 2021 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Paying taxes on teen's lawn mowing "business."
Replies: 14
Views: 1345

Re: Paying taxes on teen's lawn mowing "business."

tedgeorge wrote: Tue Mar 02, 2021 9:26 am Get that Roth setup too. Good motivation to maybe do some matching in that.
See: https://www.bogleheads.org/wiki/Accounts_for_children
by dratkinson
Tue Mar 02, 2021 4:50 pm
Forum: Personal Consumer Issues
Topic: snow plow pricing
Replies: 42
Views: 2966

Re: snow plow pricing

Due to COVID, maybe you want to reduce your interaction with plow drivers. Maybe you want to do your own plowing. There are light-weight plows that will adapt to personal vehicles. That can be bought for less than what you're being quoted for 1-year of service. Search: https://www.google.com/search?...
by dratkinson
Thu Feb 25, 2021 3:17 pm
Forum: Personal Consumer Issues
Topic: A gift for DW
Replies: 58
Views: 4225

Re: A gift for DW

* * Robot vaccum cleaner +1. I hate vacuuming. Very pleased with my mapping, self-emptying base, Shark IQ robot vacuum (Walmart, $399). First time I used it, base bin filled quickly. Now, not so much. Dust bunnies under bed never knew that hit them. Went a step further and learned to use old handhe...
by dratkinson
Thu Feb 25, 2021 2:35 pm
Forum: Personal Investments
Topic: Beating myself up over this
Replies: 25
Views: 3801

Re: Beating myself up over this

I felt like a fool when I sold my last stock to buy bonds... and the stock began to rise. But I felt like a genius after it later fell to less than for what I sold. So I stopped caring after the market confirmed I was a genius. Look up the term "regression to the mean". You've already won,...
by dratkinson
Mon Feb 22, 2021 8:06 pm
Forum: Personal Consumer Issues
Topic: space heaters
Replies: 35
Views: 3069

Re: space heaters

Thrift store space heaters are cheap (~$5). Have several convection type to heat garage when working there, and my feet in cool office (allows me to keep rest of house cooler). Can also be used to load test portable backup generator.
by dratkinson
Fri Feb 19, 2021 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Taxes for the First Time Independently
Replies: 24
Views: 1650

Re: Filing Taxes for the First Time Independently

In the distant past, I used TT. Simple return and never worried about being audited. If you have used free fillable forms in the past, and TT this time, I'd try one of the IRS free file s/w products next year. Why? I've used OLT (OnLine Tax, IRS free file option). It splits the difference between fi...
by dratkinson
Fri Feb 19, 2021 2:02 pm
Forum: Personal Investments
Topic: 20 years old - where should I invest for long term?
Replies: 3
Views: 703

Re: 20 years old - where should I invest for long term?

Suggested library books. -- The Only Investment Guide You'll Ever Need , Tobias. General personal finance topics. -- The Bogleheads' Guide to Investing . Retirement-investing specific. -- Date... or Soul Mate? , Warren. Priceless if you avoid expense of bad relationship, marriage, divorce. Welcome.
by dratkinson
Fri Feb 19, 2021 11:40 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2743
Views: 273460

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

Above and Beyond . Miniseries about the beginning of ferrying aircraft to England during WWII. See: https://en.wikipedia.org/wiki/Above_and_Beyond_(miniseries) See: https://www.imdb.com/title/tt0478834/reviews Enjoyed it. Nice scenery. Shown OTA in Denver on channel 23.4. Strange channel, can't fin...
by dratkinson
Fri Feb 19, 2021 11:18 am
Forum: Personal Investments
Topic: Within 5 years of Retirement: Portfolio review request
Replies: 20
Views: 2282

Re: Within 5 years of Retirement: Portfolio review request

Some questions to consider. The senior BHs will need your pieces-parts to help you wag the success of your retirement. The big pieces of the retirement puzzle are: income (pension + SS), expenses, retirement withdrawals, and estate planning. --With no taxable account and 6mos in your EF, we assume ...
by dratkinson
Wed Feb 17, 2021 2:19 pm
Forum: Personal Investments
Topic: Within 5 years of Retirement: Portfolio review request
Replies: 20
Views: 2282

Re: Portfolio review request

... Suggestion. Might want to edit your topic title to flag that you're nearing retirement. This will alert the forum that more senior expertise is required. Something like: Retirement portfolio review request. Not sure how to edit it now that it's already posted? BTW, I'm just learning how to resp...