Search found 13515 matches

by tibbitts
Wed May 12, 2021 9:53 pm
Forum: Personal Consumer Issues
Topic: HOA Advantage
Replies: 86
Views: 6045

Re: HOA Advantage

But you don't need HOAs to keep junk cars off lawns. You just need sufficiently high property values such that the owners are not the type of people who would keep junk cars around. Never seen a junk car in my neighborhood and the lawns are typically immaculate. No HOA. That's sometimes the case ab...
by tibbitts
Wed May 12, 2021 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: What prompted you to pull the plug and retire?
Replies: 115
Views: 10078

Re: What prompted you to pull the plug and retire?

Last year the college told students to stay home after spring break, and all classes went online for the rest of the semester. She hated teaching online, and doesn't want to do it again. Sounds like me. I took some courses in "blended" teaching in 2020. Interesting enough, but honestly, o...
by tibbitts
Wed May 12, 2021 4:13 pm
Forum: Investing - Theory, News & General
Topic: not contributing to IRA, even if you have the money available
Replies: 17
Views: 1094

Re: not contributing to IRA, even if you have the money available

retiredjg wrote: Wed May 12, 2021 4:08 pm
tibbitts wrote: Wed May 12, 2021 11:22 am As I've posted in other threads, Bogleheads are insanely over-zealous about....
...a lot of things. :D
True.
by tibbitts
Wed May 12, 2021 3:46 pm
Forum: Personal Consumer Issues
Topic: HOA Advantage
Replies: 86
Views: 6045

Re: HOA Advantage

No HOA? My neighbor across the street used his garage to store junk. His driveway had two broken down cars. His front lawn had a car engine they were working on. On the street in front of the house were two boats on rusted trailers that never moved. The neighbor used to get upset that we parked in ...
by tibbitts
Wed May 12, 2021 3:36 pm
Forum: Personal Consumer Issues
Topic: Does it make financial sense to buy a "beater" for a long distance commute?
Replies: 44
Views: 1994

Re: Does it make financial sense to buy a "beater" for a long distance commute?

You need a car with state-of-the art safety features if you are going to do that much driving, not a beater. A "beater" car is loosely defined and vague, nearly every car built in the past 15 has plenty of "state of the art" safety features, and driving 20K a year is not that mu...
by tibbitts
Wed May 12, 2021 2:09 pm
Forum: Personal Investments
Topic: Extreme Roth IRA contribution penalty
Replies: 20
Views: 1881

Re: Extreme Roth IRA contribution penalty

This is not necessarily a suggestion, but is likely what I would do since the IRS is essentially unavailable and tax attorneys cost money (unless you could get a short free consultation). ... I know that for me, if I had a high enough income to have this problem, it would be worth some amount in fe...
by tibbitts
Wed May 12, 2021 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: who notifies Vanguard beneficiaries?
Replies: 11
Views: 1636

Re: who notifies Vanguard beneficiaries?

How are you arranging to notify your beneficiaries about your IRA? I have left my Vanguard IRA to my siblings and some of it to a charity. I don't understand the question. Obviously nobody will be notifying anybody themselves. You need a designated person that you keep in contact with at least ever...
by tibbitts
Wed May 12, 2021 1:13 pm
Forum: Personal Investments
Topic: Sell SPY to buy VOO advice
Replies: 18
Views: 1180

Re: Sell SPY to buy VOO advice

Sell with the short term loss immediately before it is a gain. Buy a Total Stock Market US ETF (e.g. VTI, SCHB, ITOT, or SPTM) +1 to this. I would sell SPY and buy VTI. Welcome to tax-loss harvesting, OP. Not to hijack the thread but my question may potentially help the OP too. If a person buys VTI...
by tibbitts
Wed May 12, 2021 11:22 am
Forum: Investing - Theory, News & General
Topic: not contributing to IRA, even if you have the money available
Replies: 17
Views: 1094

Re: not contributing to IRA, even if you have the money available

As I've posted in other threads, Bogleheads are insanely over-zealous about wanting to get their IRA contribution in (well, queued) no later than one second after midnight on January 1 every year - and then bragging about that. I almost always did as I recommended to others, which was to wait until ...
by tibbitts
Wed May 12, 2021 11:13 am
Forum: Personal Investments
Topic: Extreme Roth IRA contribution penalty
Replies: 20
Views: 1881

Re: Extreme Roth IRA contribution penalty

Maybe ask a tax attorney? I don't see contacting the IRS directly about an issue like this as a practical possibility for the foreseeable future.
by tibbitts
Tue May 11, 2021 6:38 pm
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

For image quality, sure, it is mostly the lens. But there are real differences in the camera bodies for some applications. A "better" camera body will give you better controls, better weather sealing, and autofocus. I do a fair amount of birding, and frankly, you *always* want better and ...
by tibbitts
Tue May 11, 2021 3:31 pm
Forum: Personal Consumer Issues
Topic: Do You Insist that Contractors Itemize?
Replies: 45
Views: 4324

Re: Do You Insist that Contractors Itemize?

phxjcc wrote: Tue May 11, 2021 2:06 pm ^^Listen to this advice.
Well, except that it isn't always possible to get multiple actual estimates (vs. non-committal guesses from a distance, maybe) for a few-hundred-dollar job. Actually it often may not be possible to get even one.
by tibbitts
Tue May 11, 2021 3:25 pm
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

I still have the Olympus gear, but I’m seriously considering selling it and getting a super zoom. The current crop of superzooms can do 95% of what I use a camera for. I can rent when I need something the super zoom can’t do. Again this might be a little exaggerated, if you mean a tiny-sensor super...
by tibbitts
Tue May 11, 2021 2:31 pm
Forum: Personal Investments
Topic: Funds to make tax harvesting actually work
Replies: 9
Views: 681

Re: Funds to make tax harvesting actually work

On the one hand, I think selecting TLH funds to avoid wash sale rules probably takes the award for the one thing that Bogleheads make the most complicated relative to what it needs to be. On the other other hand, depending on how things work out, you do have to be willing to stick with your replacem...
by tibbitts
Tue May 11, 2021 2:17 pm
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

I still have the Olympus gear, but I’m seriously considering selling it and getting a super zoom. The current crop of superzooms can do 95% of what I use a camera for. I can rent when I need something the super zoom can’t do. Again this might be a little exaggerated, if you mean a tiny-sensor super...
by tibbitts
Tue May 11, 2021 2:10 pm
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

For certain types of photography, equipment makes a huge, and I do mean huge, difference. You still need to know how to run the camera, yes. But let us not pretend that equipment doesn't matter. Lenses always matter, camera bodies not so much. I'd say that as long as you are comparing apples to app...
by tibbitts
Tue May 11, 2021 1:51 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 183
Views: 24674

Re: I Bonds variable rate @ 3.54% in May

Well, here we are. I've went through the whole boojum snark initiation ritual and I am now an I series bond enthusiast. Made my first large I-Bond purchase yesterday. :D You could have waited until the 28th... I scheduled my 10k purchase on May 28th as well, would memorial day affect this purchase ...
by tibbitts
Tue May 11, 2021 11:19 am
Forum: Personal Consumer Issues
Topic: Do You Insist that Contractors Itemize?
Replies: 45
Views: 4324

Re: Do You Insist that Contractors Itemize?

It seems that whenever I contract some work to be done on my house, the contractor's quote is much higher than I had predicted. Not knowing the specifics of the installation the price sounds reasonable, or at least in-range. It seems like for little (sub-$1k or so) jobs like this it's pretty hard t...
by tibbitts
Tue May 11, 2021 10:05 am
Forum: Personal Finance (Not Investing)
Topic: The Biggest Mistakes People Make With Social Security
Replies: 81
Views: 6232

Re: The Biggest Mistakes People Make With Social Security

Johm221122 wrote: Tue May 11, 2021 8:32 am I'm guessing a large percentage of those 94% will regret there decision.
I know to many that have regretted there choice
That's almost a perfect definition of survivorship bias, though.
by tibbitts
Mon May 10, 2021 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Losing Motivation in Work - 5 Years To Go - Suggestions?
Replies: 89
Views: 7803

Re: Losing Motivation in Work - 5 Years To Go - Suggestions?

I could retire now at 50 but I want to work on until 55 as the health care benefits improve dramatically and the pension I receive quite a bit as well. Those 5 years mean the difference between a great retirement and a very good retirement. 5 more years gets me from 75% company health insurance pre...
by tibbitts
Mon May 10, 2021 5:22 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 116
Views: 9043

Re: What Ever Happened to "Your Age In Bonds"?

Therefore, if retirees want to get anything remotely close to the same return as they would have gotten through much of the last 40 years, they have virtually no other choice than to increase their stock allocation. 'Age in bonds' made more sense when bonds were yielding 8% than it does today when ...
by tibbitts
Mon May 10, 2021 1:58 pm
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

Well, I will opine that if you have the budget and if you don't mind carrying big lenses, then you should go with a full frame sensor, as you can just get results that are past the abilities of crop sensors. Shallow depth of field is one thing, and will really make your photos look like "not c...
by tibbitts
Mon May 10, 2021 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What prompted you to pull the plug and retire?
Replies: 115
Views: 10078

Re: What prompted you to pull the plug and retire?

I hardly ever see this mentioned on Bogleheads, but I retired when I did because I wasn't good enough at my job any longer and wasn't being as productive or contributing as much as I wanted to. I wasn't told that and could have kept working. I did hold out maybe a few months more than I would have f...
by tibbitts
Mon May 10, 2021 12:43 pm
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

Why full-frame? And why new? Good idea about considering used. Whether new or used do test any new acquisition carefully, and be sure you can return the item without any arguments at no or minimal cost to you. Honestly I've had zero problems with new or used bodies, although obviously some luck is ...
by tibbitts
Mon May 10, 2021 11:09 am
Forum: Personal Investments
Topic: How much is enough for a single man to retire?
Replies: 53
Views: 5433

Re: How much is enough for a single man to retire?

newyorker wrote: Mon May 10, 2021 10:37 am
One of my assistant girl used to work at a nursing home and told me how these old men and women are treated. Pretty sad way to die.
What is an "assistant girl"? I can see where your budget might depend on the answer to that.
by tibbitts
Mon May 10, 2021 10:58 am
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 65
Views: 5505

Re: What does your bond portfolio look like in this low interest world?

I’ve moved a good part of my fixed income portfolio to multi year guaranteed annuities (MYGAs). Better yield than bond funds, no market value fluctuations if held to maturity. I will decide whether to go back into bonds as the MYGAs mature. A great move in my opinion. In this rate environment, I’m ...
by tibbitts
Mon May 10, 2021 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Annual return
Replies: 4
Views: 690

Re: Annual return

I've averaged a 5% return on my investments over the last four years with a basic 50/50 portfolio. Three Vanguard index funds and one non-index. We are retired. I don't worry about the markets but notice daily movements. A recent conversation with a friend and he has long invested in QQQ and made (...
by tibbitts
Mon May 10, 2021 10:46 am
Forum: Personal Consumer Issues
Topic: Comparing HVAC replacement quotes
Replies: 15
Views: 1555

Re: Comparing HVAC replacement quotes

As long as i keep the temp consistent in the house (counter intuitive) it costs almost nothing to run. If I run a schedule, it tends to kick up to 60-100% to bring the temp back down and you can definitely see the energy usage above 80%. Time will tell how long its lasts and how expensive it is to ...
by tibbitts
Mon May 10, 2021 10:33 am
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

Yes, third party lens availability is a big deal to me as well. I bought a Nikon d7500 a couple of years ago because I wanted a decent camera for wildlife/action shooting AND the ability to get quality 3rd party lenses. I really liked the Fuji mirrorless cameras but .... I'd have spent a LOT more m...
by tibbitts
Mon May 10, 2021 10:21 am
Forum: Personal Investments
Topic: How much is enough for a single man to retire?
Replies: 53
Views: 5433

Re: How much is enough for a single man to retire?

I need bogleheads opinion on what would be the FI number for a single person. I know it depends very heavily on the location of retirement but I am thinking 3M in VOO should set me up nicely + the cost of residence (whether it be a house or condo) 3M in VOO will grow along with inflation thus infla...
by tibbitts
Mon May 10, 2021 10:10 am
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

Usability and ergonomics promote use. They trump technical capabilities -- which in 2021 for all cameras farrr and away exceed the requirements and capabilities of most users. My personal opinion after multiple Sonys, Fuji, and Olympus, is that the latter 2 are much better designed and more fun to ...
by tibbitts
Mon May 10, 2021 9:48 am
Forum: Personal Consumer Issues
Topic: sony a7c full frame camera
Replies: 51
Views: 2243

Re: sony a7c full frame camera

I'm contemplating about buying Sony a7c which is smallest full frame. It looks like ideal for travelling. I'm not a pro by any means. Reasons for buying it: 1. my current Sony nex 5t (mirrorless) is broken. 2. My 2nd son who will leave for college for two years wants to learn photography. I thought...
by tibbitts
Mon May 10, 2021 9:27 am
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 65
Views: 5505

Re: What does your bond portfolio look like in this low interest world?

To answer the original question, I moved all the traditional bond funds I had (some GNMA, mostly short/intermediate corporate) to 3% TIAA. However I still have non-Boglehead-approved High Yield Corporate, EM, and Floating Rate bond funds. All of that is in deferred accounts. In taxable, I'm spending...
by tibbitts
Mon May 10, 2021 9:14 am
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 65
Views: 5505

Re: What does your bond portfolio look like in this low interest world?

I’ve moved a good part of my fixed income portfolio to multi year guaranteed annuities (MYGAs). Better yield than bond funds, no market value fluctuations if held to maturity. I will decide whether to go back into bonds as the MYGAs mature. A great move in my opinion. In this rate environment, I’m ...
by tibbitts
Sun May 09, 2021 10:09 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 68
Views: 4556

Re: Critique my dividend stock strategy

Vanguard Fan 1367 wrote: Sun May 09, 2021 7:42 pm I thought I might be better off with VYM, Vanguard’s High dividend yield ETF in early May last year. So far that is working out ok as compared to total bond ETFs.
Possibly an example of confusing strategy with outcome?
by tibbitts
Sun May 09, 2021 8:57 pm
Forum: Personal Investments
Topic: Two Roth conversion questions
Replies: 7
Views: 823

Re: Two Roth conversion questions

1) Look into the safe harbor rules. While you are correct that taxes are a "pay as you go" system, if you are paying the funds out of cash then you either need estimated payments or the safe harbor payment. However (my favorite method...) if you are withdrawing from your IRA anyway to rep...
by tibbitts
Sun May 09, 2021 6:47 pm
Forum: Personal Consumer Issues
Topic: Windows 10 + Chrome = Slow and Sluggish
Replies: 90
Views: 3527

Re: Windows 10 + Chrome = Slow and Sluggish

Add more memory. Add chrome extensions such as AdBlock and such, to reduce how much junk it is running in the background. Or try the opposite approach - if you already have a bunch of extensions, install just Chrome from scratch, with no extensions, and see if that matters. Although I have an SSD (...
by tibbitts
Sun May 09, 2021 6:36 pm
Forum: Investing - Theory, News & General
Topic: 10-20% Bonds? What’s the point?
Replies: 251
Views: 15444

Re: 10-20% Bonds? What’s the point?

What’s the point of having a small allocation to bonds of 10%? Kinda seems like wearing a leather jacket instead of a bullet proof vest. Sure it helps a little but not enough to matter. If the market drops, are you going to care if your portfolio drops 32% instead of 35%? Seems like bonds don’t rea...
by tibbitts
Sun May 09, 2021 5:50 pm
Forum: Personal Investments
Topic: Buying Vanguard Funds through Fidelity?
Replies: 23
Views: 1998

Re: Buying Vanguard Funds through Fidelity?

Sorry - bit new to actually picking stocks and using the system to do it etc... Almost nobody here picks stocks or uses a "system" to do it. For the type of investing most Bogleheads do, there are minimal or in some cases no practical differences between ETF and mutual fund share classes....
by tibbitts
Sun May 09, 2021 2:11 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 116
Views: 9043

Re: What Ever Happened to "Your Age In Bonds"?

I still do "age in fixed." In my TIAA accounts it is in TIAA Traditional paying 4%+. In other accounts bond funds. For me it is easy to follow and has prevented mischief that could have cost me $$. Right, that's a special case you are fortunate to have but most people do not have access t...
by tibbitts
Sun May 09, 2021 2:03 pm
Forum: Personal Investments
Topic: Does anyone hold Vanguard Windsor II or Wellington?
Replies: 30
Views: 3371

Re: Does anyone hold Vanguard Windsor II or Wellington?

I think Wellington is a good choice for a 60/40 fund with a slight value tilt. I own some. Windsor is a large cap value bet with very rocky ride. IMO, on a risk-adjusted basis I would take Wellington over Windsor without much thought. But they don't compete with each other, and you'd expect all-equ...
by tibbitts
Sun May 09, 2021 1:35 pm
Forum: Personal Investments
Topic: Does anyone hold Vanguard Windsor II or Wellington?
Replies: 30
Views: 3371

Re: Does anyone hold Vanguard Windsor II or Wellington?

Metsfan91 wrote: Sun May 09, 2021 1:28 pm I have wellington fund in taxable. It is actively managed fund, and it has a long history of doing well. I first acquired in mid 2000's.
It would have taken a lot of determination to hold on through its wild ride in the '60s and early '70s. I'm pretty sure I would have bailed.
by tibbitts
Sun May 09, 2021 1:17 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 68
Views: 4556

Re: Critique my dividend stock strategy

Almost if not all Bogleheads support dividend investing to the extent it's already included in broad market index funds like Total Stock Market. Quite a few might somewhat tilt toward it indirectly or otherwise in tax advantaged accounts, if only as a sometimes-byproduct of value for example. A few ...
by tibbitts
Sun May 09, 2021 11:23 am
Forum: Investing - Theory, News & General
Topic: I’m writing a really basic investor’s guide for my [adult children] - input welcome
Replies: 57
Views: 4231

Re: I’m writing a really basic investor’s guide for my kids - input welcome

I think it would be helpfull for you to steer her to some kind of balanced fund. This way, she doesn't have to make decisions she might not be capable of handling correctly if she has no interest in educating herself on these matters. I could hold their hand and show them how to just put their mone...
by tibbitts
Sun May 09, 2021 10:30 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 68
Views: 4556

Re: Critique my dividend stock strategy

True. If GE is a large part of or all of the dividend allocation. Plenty of MF's owned GE all the way down as well. Although I'd like to give myself credit for not owning GE quite all the way down, the truth is that was mostly because at the time I rolled over my GE employer plan, I didn't have a b...
by tibbitts
Sun May 09, 2021 10:02 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 68
Views: 4556

Re: Critique my dividend stock strategy

If you disagree with dividend investing, that is perfectly fine. But non-sequitur / strawman arguments are a waste of time. I have modest tilts to small, value, (high) dividend, and dividend appreciation. Honestly I might not choose that path again, but I'm maintaining it. Less than .5% of my inves...
by tibbitts
Sun May 09, 2021 9:52 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 68
Views: 4556

Re: Critique my dividend stock strategy

bertilak wrote: Sun May 09, 2021 9:33 am You said "it is a real example" so asking what "it" refers to is a legitimate question.
Each person can decide for themselves if it's a legitimate question or a stupid question. My opinion won't be changing and I'm sure everyone else's won't either.
by tibbitts
Sun May 09, 2021 9:17 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 68
Views: 4556

Re: Critique my dividend stock strategy

So GE is the real example? No. It's not conceivable that you could have read my response and asked that question. Well, I ready your post and still don't know what your real example is. You did mention GE but in a way that was hard to interpret. Therefore I think the question was justified. I had t...
by tibbitts
Sun May 09, 2021 8:39 am
Forum: Investing - Theory, News & General
Topic: I’m writing a really basic investor’s guide for my [adult children] - input welcome
Replies: 57
Views: 4231

Re: I’m writing a really basic investor’s guide for my kids - input welcome

How old are your daughters? There's a big difference in what you should include if they're 12 or 25. Ordinarily I'd assume more like 25 given an early-60s parent, but this is Bogleheads, so that's definitely not a safe assumption. Reading-age with sufficient comprehension... well, again it's Bogleh...
by tibbitts
Sun May 09, 2021 8:10 am
Forum: Personal Investments
Topic: When to take some profit and how much
Replies: 14
Views: 2003

Re: When to take some profit and how much

If you have variable income from year to year sufficient to change your capital gains tax rate, you might consider that in terms of "when." You have to decide for yourself if potential capital gains tax policy changes in the future should affect your decision.