Search found 13446 matches

by tibbitts
Sat May 08, 2021 7:55 am
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 75
Views: 2461

Re: Do you still read the print newspaper?

So I decided funding an editorial board that promotes political positions I disagree with was a lesser concern than risking the loss of local reporting. So far that's my position as well, although by far the greatest political bias in my local newspaper content I find is in the national stories wri...
by tibbitts
Sat May 08, 2021 7:45 am
Forum: Investing - Theory, News & General
Topic: Taking risk on equity side.
Replies: 19
Views: 1203

Re: Taking risk on equity side.

I've always been attracted to high risk bonds, and part of me has always wondered if they're gonna end up underpriced because the standard boglehead portfolio has no place for them.. Well, no, because Bogleheads make up a completely inconsequential portion of the investing population. However I do ...
by tibbitts
Sat May 08, 2021 7:26 am
Forum: Personal Investments
Topic: Monthly investing into equities only
Replies: 4
Views: 269

Re: Monthly investing into equities only

Nobody can tell you what will work out better, but it isn't likely to matter much unless there are very atypical circumstances. When I read the title I thought this might have been another "why not 100% equities" thread. That would matter; when to rebalance, monthly vs. annually, not so mu...
by tibbitts
Fri May 07, 2021 8:44 pm
Forum: Personal Consumer Issues
Topic: Walkers
Replies: 9
Views: 1011

Re: Walkers

You're spending a lot of time walking - when are you working? Realistically in most places you can only walk a couple of miles an hour. Yes, I know, Bogleheads walk ten miles every day while working at the same time - before breakfast, of course - but for everybody else, walking that far takes hours...
by tibbitts
Fri May 07, 2021 7:11 pm
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 75
Views: 2461

Re: Do you still read the print newspaper?

I get daily delivery of the local newspaper, which includes online access.
by tibbitts
Fri May 07, 2021 5:50 pm
Forum: Personal Investments
Topic: Trying To Understand the Utility of Roth Conversion
Replies: 25
Views: 2936

Re: Trying To Understand the Utility of Roth Conversion

Also note that you should be holding the bond part of your portfolio preferentially in your tax deferred to slow down growth in that account. Put stocks in your Roth to maximize after tax growth. I agree except, especially if you're spending down all your taxable to pay taxes on conversions, you pr...
by tibbitts
Fri May 07, 2021 12:04 pm
Forum: Personal Investments
Topic: Trying To Understand the Utility of Roth Conversion
Replies: 25
Views: 2936

Re: Trying To Understand the Utility of Roth Conversion

I wish I had educated myself on my conversion needs about six months earlier, in time for the market drop last year. If we get that this year, don't mess around with calculators, just convert all of the equity portion of your deferred accounts. Of course if we get a 40% drop you won't catch that at ...
by tibbitts
Fri May 07, 2021 8:52 am
Forum: Investing - Theory, News & General
Topic: Confused about dividend investing, market downturns and early retirement
Replies: 53
Views: 2792

Re: Confused about dividend investing, market downturns and early retirement

I recently read “Quit Like a Millionaire” by Kristy Shen. I am interested in early retirement, so this appealed to me. She retired in her early 30s and is traveling around the world with her husband, living off about $40k a year. I thought the book was really good. Anyway, she talked a lot in the b...
by tibbitts
Fri May 07, 2021 8:20 am
Forum: Personal Investments
Topic: high yield savings account
Replies: 9
Views: 1151

Re: high yield savings account

High Yield Savings Account is an oxymoron these days. Back in the day my Mother had a CD that paid 12 percent - now that's high yield (yeah I know inflation was nuts back then too). Sorry for the nostalgia. Today, a bond fund might be a better place to have your emergency fund. "A bond fund&qu...
by tibbitts
Fri May 07, 2021 8:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard PAS - Long Term Bonds?
Replies: 22
Views: 1508

Re: Vanguard PAS - Long Term Bonds?

Personally, I would want some treasuries in taxable. They are State tax fee, and at some point I think you will have to rebalance into your 70% stock portion. Munis in a crash are not the best for that. But you can also make the case that anyone who will always live in a no-income-tax state should ...
by tibbitts
Thu May 06, 2021 8:16 pm
Forum: Personal Investments
Topic: Buying Before Ex-Dividend Date
Replies: 14
Views: 854

Re: Buying Before Ex-Dividend Date

Novice Question: I've noticed that when I purchase a stock, the settlement date is usually one day after the date I initiate the trade. If I am interested in buying a stock with an ex-dividend date of May 14 for example, how late can I purchase the stock to ensure I am qualified to receive the divi...
by tibbitts
Thu May 06, 2021 7:54 pm
Forum: Personal Investments
Topic: Buying Before Ex-Dividend Date
Replies: 14
Views: 854

Re: Buying Before Ex-Dividend Date

Novice Question: I've noticed that when I purchase a stock, the settlement date is usually one day after the date I initiate the trade. If I am interested in buying a stock with an ex-dividend date of May 14 for example, how late can I purchase the stock to ensure I am qualified to receive the divi...
by tibbitts
Thu May 06, 2021 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: 6% rule in evaluating pensions
Replies: 19
Views: 2141

Re: 6% rule in evaluating pensions

I have a similar amount coming from my single-life pension. If it were a huge amount more or a much higher percentage of my assets, I might think about the diversification a lump sum could provide (especially with regard to the inflation aspect), but as it is it's a nice fixed amount I can count on ...
by tibbitts
Thu May 06, 2021 4:36 pm
Forum: Personal Consumer Issues
Topic: I'm having analysis paralysis on a new car. I am looking for common reliable cars, but each one has potential issues
Replies: 110
Views: 9585

Re: I'm having analysis paralysis on a new car. I am looking for common reliable cars, but each one has potential issues

Buy a Honda Accord or a Toyota Camry, whichever you like better. +1. When looking in this product segment, you are talking about two models with a track record spanning decades of reliability But that can only be extrapolated to models being produced today to the extent that they share components w...
by tibbitts
Thu May 06, 2021 4:32 pm
Forum: Personal Consumer Issues
Topic: I'm having analysis paralysis on a new car. I am looking for common reliable cars, but each one has potential issues
Replies: 110
Views: 9585

Re: I'm having analysis paralysis on a new car. I am looking for common reliable cars, but each one has potential issues

The Camry has CVT in all Hybrids as far as I know. The last I checked I thought all 1.5L Accords were CVTs. The Toyota e-CVT in the Hybrid is a very different animal than a CVT in an ICE only vehicle--much more reliable since they do not use pulley chain/belt systems, but rather a motor-generator/p...
by tibbitts
Thu May 06, 2021 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: claim roof on insurance?
Replies: 17
Views: 878

Re: claim roof on insurance?

You have to remember that there is no downside for a roofer who claims you can get insurance to pay for a new roof, but there may be considerable downside to you in attempting to claim damage on insurance.
by tibbitts
Thu May 06, 2021 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: claim roof on insurance?
Replies: 17
Views: 878

Re: claim roof on insurance?

make sure roofing contractor is licensed, bonded, insurance, etc. They typically inspect for free. Have them take pictures while they are inspecting to show you after they come down off the roof. Insurance co will send an adjuster/inspector to confirm damage. I'm in north tx that has been hit with ...
by tibbitts
Thu May 06, 2021 11:39 am
Forum: Personal Finance (Not Investing)
Topic: claim roof on insurance?
Replies: 17
Views: 878

Re: claim roof on insurance?

There are probably a lot of factors that make this not an easy question. Our home has its original roof that is ~25 years old. Our insurance covers replacement cost, not depreciated value. We were just notified by our insurance that due to no recent claims we would have forgiveness from rate increa...
by tibbitts
Thu May 06, 2021 11:31 am
Forum: Personal Finance (Not Investing)
Topic: How to Use Power of Attorney for Checking Account
Replies: 17
Views: 1072

Re: How to Use Power of Attorney for Checking Account

How many cases are there where you are writing checks vs. having the bank write and mail them through billpay?
by tibbitts
Thu May 06, 2021 11:28 am
Forum: Personal Finance (Not Investing)
Topic: 6% rule in evaluating pensions
Replies: 19
Views: 2141

Re: 6% rule in evaluating pensions

I would probably do the single-life option. Did I miss it or did you say what you would pay for a comparable annuity at a few different ages?
by tibbitts
Thu May 06, 2021 10:22 am
Forum: Personal Finance (Not Investing)
Topic: IRS not answering the phone
Replies: 37
Views: 1859

Re: Re:

I can't disagree with HueyLD more. OP has called a handful of times, right in the peak of tax season. Why on earth would you try to utilize your elected officials, who shouldn't be able to do anything with IRS issues? This isn't a crisis, this isn't an emergency. I believe this is a totally appropr...
by tibbitts
Thu May 06, 2021 8:50 am
Forum: Personal Consumer Issues
Topic: Recommendations for Umbrella Insurance?
Replies: 10
Views: 709

Re: Recommendations for Umbrella Insurance?

Planning to shop for a policy. I have no idea what would be considered a fair price for a policy in 2021. If you don't mind sharing - how much you pay, how much your coverage is and who your insurer is? Thank you. I don't think it will help to know at all, since we have these threads all the time a...
by tibbitts
Wed May 05, 2021 8:58 pm
Forum: Personal Investments
Topic: Vanguard Emerging markets at 10%
Replies: 66
Views: 5070

Re: Vanguard Emerging markets at 10%

Hi, Based on Jermey Grantham and current emerging market PE compared to US ect thinking about shifting 10% of international to emerging markets (currently 70% US and 30% international with 10% small value tilt). Slightly more complicated portfolio, but just makes me feel a little better continuing ...
by tibbitts
Wed May 05, 2021 5:42 pm
Forum: Investing - Theory, News & General
Topic: Why does raising CG taxes decrease government revenue?
Replies: 22
Views: 1463

Re: Why does raising CG taxes decrease government revenue?

I hve read a couple of articles in the Wall Street Journal that indicate that raising capital gains taxes actually reduce government revenue. Can someone explain why this is so? Thank you. I don't have access to the WSJ but in general there is always an argument that raising tax rates will alter be...
by tibbitts
Wed May 05, 2021 4:45 pm
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

Here we go again with how easy everything is to d-i-y including performing brain surgery on yourself. I have to laugh. In my household my wife jokes that everything costs 2x what it should. There's the initial cost of me going to the store 3 or 4 times to get everything I need to make the repair/re...
by tibbitts
Wed May 05, 2021 4:34 pm
Forum: Personal Investments
Topic: One Can't Lose Value With I Savings Bonds, Can One?
Replies: 9
Views: 855

Re: One Can't Lose Value With I Savings Bonds, Can One?

That's an odd quote, but to me the main limitation with I-bonds is that you might get the alleged inflation rate (now, with the fixed portion at 0%), but you'll (eventually) pay federal income tax on the interest. So you still lose, although possibly less than with many other bonds. While you will ...
by tibbitts
Wed May 05, 2021 4:24 pm
Forum: Personal Investments
Topic: One Can't Lose Value With I Savings Bonds, Can One?
Replies: 9
Views: 855

Re: One Can't Lose Value With I Savings Bonds, Can One?

That's an odd quote, but to me the main limitation with I-bonds is that you might get the alleged inflation rate (now, with the fixed portion at 0%), but you'll (eventually) pay federal income tax on the interest. So you still lose, although possibly less than with many other bonds. While you will ...
by tibbitts
Wed May 05, 2021 3:58 pm
Forum: Personal Investments
Topic: One Can't Lose Value With I Savings Bonds, Can One?
Replies: 9
Views: 855

Re: One Can't Lose Value With I Savings Bonds, Can One?

That's an odd quote, but to me the main limitation with I-bonds is that you might get the alleged inflation rate (now, with the fixed portion at 0%), but you'll (eventually) pay federal income tax on the interest. So you still lose, although possibly less than with many other bonds.
by tibbitts
Wed May 05, 2021 3:34 pm
Forum: Personal Consumer Issues
Topic: Buying a new laptop
Replies: 96
Views: 7469

Re: Buying a new laptop

Came across NewEgg and found the following for $530: Acer Laptop Aspire 5 A515-44-R4M5 AMD Ryzen 5 4000 Series 4500U (2.30 GHz) 8 GB Memory 512 GB SSD AMD Radeon Graphics 15.6" Windows 10 Home 64-bit Has 3 USB + 1 USB-C and Ethernet port. It's offering what I am looking for and people convince...
by tibbitts
Wed May 05, 2021 2:58 pm
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

These two do not seem to be at all equivalent... "Three toilets might have been not much more than $200 for me 3 years ago if there were no parts or complications and they were done in one visit." "My last plumbing job was a couple of years ago: about 35min, $125, no parts/supplies.&...
by tibbitts
Wed May 05, 2021 2:18 pm
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

These two do not seem to be at all equivalent... "Three toilets might have been not much more than $200 for me 3 years ago if there were no parts or complications and they were done in one visit." "My last plumbing job was a couple of years ago: about 35min, $125, no parts/supplies.&...
by tibbitts
Wed May 05, 2021 11:09 am
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

Although we often would change a toilet ourselves we had a number of them changed by a plumber - if the toilet flange was clear and ready and the toilet ready to go it was about that price. If we had more than one done at a time it was a bit less. We would let him schedule it for his best use of ti...
by tibbitts
Wed May 05, 2021 8:30 am
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

"Seriously, I can't imagine $75 for a toilet installation would be viable long-term for a plumbing business." If the old toilet is already out and the toilet flange is in good shape that is the rough price we expect as well. Dependent upon what else may be needed the price could be much h...
by tibbitts
Wed May 05, 2021 8:20 am
Forum: Personal Finance (Not Investing)
Topic: New car purchase with credit card(s)
Replies: 19
Views: 1528

Re: New car purchase with credit card(s)

It seems to me that the dealership is going to sell the car for a certain price at a minimum. If it makes people feel good to think that they paid less net by using a credit card that's nice but probably not the case. Personally I'd have to combine at least a half dozen of my credit cards to come up...
by tibbitts
Wed May 05, 2021 8:08 am
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

You can get a great flushing American Standard or Kohler at Home Depot or Lowes for less than $200 (for the better ones). If you don't want to install yourself plumbers in my area charge $75 for installation. If you are willing to pay $600 (more than double what many of us pay for a good toilet) wh...
by tibbitts
Tue May 04, 2021 10:55 pm
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

The existing toilet is a cheap Proflo. Many people have the problem with this toilet clogging and not flushing properly. You can get a great flushing American Standard or Kohler at Home Depot or Lowes for less than $200 (for the better ones). If you don't want to install yourself plumbers in my are...
by tibbitts
Tue May 04, 2021 8:24 pm
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

The existing toilet is a cheap Proflo. Many people have the problem with this toilet clogging and not flushing properly. You can get a great flushing American Standard or Kohler at Home Depot or Lowes for less than $200 (for the better ones). If you don't want to install yourself plumbers in my are...
by tibbitts
Tue May 04, 2021 3:29 pm
Forum: Personal Consumer Issues
Topic: HVAC replacement when experts disagree
Replies: 96
Views: 6099

Re: HVAC replacement when experts disagree

You are assuming I did all this work myself. The contractor put in dampers to provide for balancing in the future if it was required while they were replacing the plenum and replacing some ducts with larger ones. I didn't do the measurements myself, you can't seriously expect me to have all those e...
by tibbitts
Tue May 04, 2021 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Convert Traditional IRAs to Roth IRAs, or Stand Pat?
Replies: 5
Views: 495

Re: Convert Traditional IRAs to Roth IRAs, or Stand Pat?

Remember that the odds are fairly good that "we" might never move into "our" 80s. There's no tool or magic formula that will tell you how much to convert and when - there are simply too many unpredictable variables. Last year I converted at up to (just barely) 42% marginal so tha...
by tibbitts
Tue May 04, 2021 1:23 pm
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4110

Re: Toilet Bids

Here we go again with how easy everything is to d-i-y including performing brain surgery on yourself. Having installed several toilets I haven't always found it easy; something always goes wrong. The bolts won't come loose; the bottom of the toilet is warped (had to exchange mine - never would have ...
by tibbitts
Tue May 04, 2021 10:46 am
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2
Replies: 24
Views: 1526

Re: 1099 vs W2

I don't necessarily agree that you have a choice, but pretending that you do, unless you have some odd case (like needing to set up a solo 401k to eliminate post-tax IRA contributions, or some other incentive for setting up your own business), having had extensive experience with both I wouldn't eve...
by tibbitts
Tue May 04, 2021 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Selling BND in taxable to buy i bonds?
Replies: 7
Views: 710

Re: Selling BND in taxable to i bonds?

Does it make sense to sell BND (total bond ETF) in a brokerage and use the proceeds to max out i bonds in May ($20K)? I just bought those BND's couple of weeks ago, and I am in the 12% tax bracket. I also have another $30K in cash that I can use but will be uncomfortable to go that low ($10K only i...
by tibbitts
Tue May 04, 2021 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Selling BND in taxable to buy i bonds?
Replies: 7
Views: 710

Re: Selling BND in taxable to buy i bonds?

It probably won't matter much. If you already had money in Treasury Direct and just want to add some vs. creating another new account, that would be a factor for me. I have I and EE bonds from years ago when you could contribute more per year and the terms were more favorable. Everyone is excited no...
by tibbitts
Mon May 03, 2021 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance for Home Depot Truck Rental
Replies: 7
Views: 799

Re: Insurance for Home Depot Truck Rental

eye.surgeon wrote: Mon May 03, 2021 4:18 pm Your insurance should cover any vehicle you can drive with your driver's license as long as it isn't for commercial purposes like ridesharing or delivery services.
I'm not sure this is correct for liability, but I'm almost certain it's not correct for collision damage.
by tibbitts
Mon May 03, 2021 5:21 pm
Forum: Personal Consumer Issues
Topic: HVAC replacement when experts disagree
Replies: 96
Views: 6099

Re: HVAC replacement when experts disagree

After upsizing from 2.5t single-stage to 3t two-stage, I added adjustable dampers, more attic insulation, all new low-e windows, a new larger plenum, more returns, and enlarged the supply. It still can't keep up. Going to 4t would have been much cheaper than doing all that other stuff, although som...
by tibbitts
Mon May 03, 2021 4:29 pm
Forum: Personal Consumer Issues
Topic: HVAC in Texas: how long to use band-aids?
Replies: 61
Views: 3550

Re: HVAC in Texas: how long to use band-aids?

I had a similar-age unit smaller 2t unit and am very glad I replaced it before it failed. I got 6 quotes and they varied by 2x, which was similar to my experience in my other residence (3t, again varied by 2x for similar-rated equipment.) And my experience has been that replacement, even in the off-...
by tibbitts
Mon May 03, 2021 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Filing state taxes by mail
Replies: 32
Views: 1732

Re: Filing state taxes by mail

I file in a different state, not CA. I did returns manually for decades, but then switched to software (recently HRB) and didn't pay the state fee for a few years. Shortly after it taking three months to have the state acknowledge my printed paper return, I decided the filing fee with HRB was worth ...
by tibbitts
Mon May 03, 2021 10:54 am
Forum: Investing - Theory, News & General
Topic: Advice on conversions
Replies: 30
Views: 2141

Re: Advice on conversions

Please help me understand the conversion thought process. Mainly the process is that you'll never know what's optimal to do until it's too late. You just have to guess. I'd probably convert to the top of 24% now, but it depends partly on what other sources of income you anticipate having. Then you ...
by tibbitts
Mon May 03, 2021 10:30 am
Forum: Personal Investments
Topic: VBTLX to VWENX
Replies: 11
Views: 802

Re: VBTLX to VWENX

rch2021 wrote: Mon May 03, 2021 7:48 am any thoughts on moving Vanguard Total Bond Market Index Fund Admiral Shares to Vanguard Wellington Fund Admiral Shares to capture lost on bonds and in a couple of months move back?
Just one thought: it's a bad idea, not even considering that you don't benefit from losses in an IRA.
by tibbitts
Sun May 02, 2021 11:30 pm
Forum: Investing - Theory, News & General
Topic: Advice on conversions
Replies: 30
Views: 2141

Re: Advice on conversions

Please help me understand the conversion thought process. Mainly the process is that you'll never know what's optimal to do until it's too late. You just have to guess. I'd probably convert to the top of 24% now, but it depends partly on what other sources of income you anticipate having. Then you ...