Search found 2077 matches

by dwickenh
Sat Apr 10, 2021 7:37 am
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 505
Views: 126906

Re: South Florida Local Chapter

I'm just curious if there is a link to a recording of this April 6th presentation? Thanks, Dan The meeting was recorded and when the links are available, we'll let you know. Meanwhile, Mike has already provided the slides he used in his presentation. The slides are in the Master Thread for the Star...
by dwickenh
Fri Apr 09, 2021 8:11 am
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 505
Views: 126906

Re: South Florida Local Chapter

I'm just curious if there is a link to a recording of this April 6th presentation?

Thanks,

Dan
by dwickenh
Tue Apr 06, 2021 6:00 pm
Forum: Personal Investments
Topic: Buy more bonds now or wait?
Replies: 26
Views: 5413

Re: Buy more bonds now or wait?

Timing the bond market(interest rates) is no easier than timing the stock market. The reason I have bonds is for ballast in case my stocks take a dive. Total bond funds, or intermediate treasuries seem to help during a bear market. I don't own bonds for the interest payout, but I'm glad to collect i...
by dwickenh
Tue Apr 06, 2021 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20887

Re: How much do you spend annually in retirement?

4% withdrawal along with pension and SS would give me about 120K per year. I am not spending more than 1/3 of that amount at this time. I am dating a great person that I hope to marry someday, so the spending may increase with 2 people in the mix. I have no debt and live in a fairly LCOL area. Dan
by dwickenh
Thu Mar 25, 2021 6:54 am
Forum: Personal Investments
Topic: Why not one index fund instead of three?
Replies: 20
Views: 3390

Re: Why not one index fund instead of three?

Is there a particular advantage to having the suggested 3 index funds versus a target date fund that uses the same index fund within one fund? Perhaps greater ability for precision with allocation? Ability to tax loss harvest individual funds Ability to adjust International equity allocation Abilit...
by dwickenh
Mon Mar 22, 2021 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Can you give financial advice to friends and receive money?
Replies: 54
Views: 4598

Re: Can you give financial advice to friends and receive money?

Stinky wrote: Sat Mar 20, 2021 12:48 pm I tell them what I do myself.

I’ll also refer them to “Bogleheads Guide to Investing” and “Little Book Of Common Sense Investing”. Heck, if I like them well enough, I might even give copies to them.
+1 perfect answer in my opinion!!
by dwickenh
Sat Mar 20, 2021 10:47 am
Forum: Forum Issues and Administration
Topic: Time to give to this website
Replies: 91
Views: 8897

Re: Time to give to this website

Amazon sent me this update: This is the quarterly notification to inform you that the charity you've selected, John C Bogle Center for Financial Literacy, recently received a donation of $361.78 from AmazonSmile -- at no cost to you or other customers. Thanks to customers shopping at smile.amazon.c...
by dwickenh
Thu Mar 18, 2021 8:12 am
Forum: Personal Investments
Topic: Large Cap Fund Choices
Replies: 11
Views: 1036

Re: Large Cap Fund Choices

I agree with sycamore that the active funds likely have some sector risk that has paid off in the past- but may not in the future. I would also go with the fidelity 500 index fund.
by dwickenh
Sat Mar 13, 2021 9:56 am
Forum: Personal Investments
Topic: Gut check - taxable account equities
Replies: 19
Views: 1551

Re: Gut check - taxable account equities

1. Is there any reason to start adding some bonds in the taxable account? 2. Is there any reason to want to cap the taxable account equities at a certain multiple of expenses or certain dollar amount? 3. Is there a large enough potential tax diversification benefit to hold bonds in the taxable acco...
by dwickenh
Tue Mar 02, 2021 9:44 am
Forum: Personal Investments
Topic: Vanguard Experiences?
Replies: 18
Views: 1489

Re: Vanguard Experiences?

I helped my nephew open a simple IRA for his business. He does not like to use online method so it was opened with snail mail. One of the employees name was misspelled on the paperwork back from Vanguard, but that may be due to nephew's handwriting. Online is the easiest way to open an account and i...
by dwickenh
Sun Feb 28, 2021 11:04 am
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 106
Views: 4682

Re: Do I need new tires?

4/32 of tread is fine on dry pavement, not so good on wet or icy pavement. If you live in the desert, you may get another 6 months out of them. I never go lower than 4/32 before replacing tires. I handled total loss auto claims for an insurance company and owned a body shop for years. I saw many one...
by dwickenh
Sun Feb 28, 2021 11:01 am
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 106
Views: 4682

Re: Do I need new tires?

Sandtrap wrote: Sun Feb 28, 2021 10:05 am New Michelin tires from Costco.
j :D
+1
by dwickenh
Sun Feb 21, 2021 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Misinformation from S.H.I.P.? [State Health Insurance Assistance Programs]
Replies: 9
Views: 587

Re: Misinformation from S.H.I.P.?

This article I found may help you. It does cover late filing and HSA contributions.

https://www.wolterskluwer.com/en/expert ... ligibility
by dwickenh
Sun Feb 21, 2021 10:17 am
Forum: Personal Investments
Topic: Should a long term investor worry about a NAV decline of Total Bond?
Replies: 36
Views: 3782

Re: Should a long term investor worry about a NAV decline of Total Bond?

I have watched it decline and ascend numerous times over the last decade. I do not worry at all about NAV declines. But then, I am not a worrier to start with.

Dan
by dwickenh
Sun Feb 21, 2021 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Do you need to remove credit freeze to open brokerage accounts?
Replies: 18
Views: 1188

Re: Do you need to remove credit freeze to open brokerage accounts?

My identity got hacked a few weeks ago.... so to protect myself, I froze my credit. The answer to your question had better be YES... otherwise my actions were an exercise in futility. Hopefully you froze with all 5 credit bureaus? Get an IRS Identity Protection PIN. Create IRS and Social Security A...
by dwickenh
Sun Feb 21, 2021 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Do you need to remove credit freeze to open brokerage accounts?
Replies: 18
Views: 1188

Re: Do you need to remove credit freeze to open brokerage accounts?

I opened an account at fidelity in November without unfreezing my credit.
by dwickenh
Sun Feb 21, 2021 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Cash: a survey
Replies: 95
Views: 6327

Re: Cash: a survey

3% of cash in checking account and low interest loan to my son. It would pay about 1 year of my expenses.
I am retired with 14 years in bonds.
by dwickenh
Wed Feb 17, 2021 10:43 am
Forum: Personal Investments
Topic: Withdrawing in retirement
Replies: 22
Views: 3281

Re: Withdrawing in retirement

There is a need for more information to give an informed answer to your question.

Try to use this template for information:


viewtopic.php?f=1&t=6212
by dwickenh
Tue Feb 16, 2021 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: How should I spend all this money?
Replies: 72
Views: 9065

Re: How should I spend all this money?

You didn't mention family, but one thing we are planning in retirement (post-COVID) is to pay for group family vacations for extended family: our siblings, children, nieces, & their kids. Looking to rent a group of cabins in an area with lots of outdoor activities and invite the others to join....
by dwickenh
Sun Feb 14, 2021 10:41 am
Forum: Personal Consumer Issues
Topic: New vs Used (cars)
Replies: 5
Views: 513

Re: New vs Used (cars)

The computer module failures will likely be missed in an independent review also, especially if the system was reset or replaced during the service.
by dwickenh
Thu Feb 11, 2021 8:51 am
Forum: Investing - Theory, News & General
Topic: Bond yields of 1% mean that 60/40-type allocations are off for almost everyone?
Replies: 96
Views: 8382

Re: Bond yields of 1% mean that 60/40-type allocations are off for almost everyone?

So you're saying it really is different this time? This pandemic has given me more hesitant to dismiss thoughts about "it really is different this time." How many pandemics have there been over many decades that have had near-zero effect on those not directly affected? So when I heard abo...
by dwickenh
Thu Feb 11, 2021 8:49 am
Forum: Investing - Theory, News & General
Topic: Bond yields of 1% mean that 60/40-type allocations are off for almost everyone?
Replies: 96
Views: 8382

Re: Bond yields of 1% mean that 60/40-type allocations are off for almost everyone?

So you're saying it really is different this time? The same thing was being posted last year but Intermediate bond funds returned 7-9% and held up well in the March madness if they were government funds. Interest rates will go up, and go down, just like the markets. Yes, the bond market is very dif...
by dwickenh
Tue Feb 09, 2021 10:12 am
Forum: Investing - Theory, News & General
Topic: If you are investing in a traditional 401(k) or traditional IRA, do you have a good reason for doing this?
Replies: 156
Views: 9331

Re: If you are investing in a traditional 401(k) or traditional IRA, do you have a good reason for doing this?

The growth of non-taxed dollars over time with the additional compounding. Roth is great in a low tax brkt, but the 37% brkt has much to gain by deferring taxes.

Dan
by dwickenh
Tue Feb 09, 2021 10:09 am
Forum: Investing - Theory, News & General
Topic: Some thoughts for those afraid of ATH [All Time High]
Replies: 109
Views: 10087

Re: Some thoughts for those afraid of ATH

A great rallying cry for the young to just put it on autopilot(monthly contributions) and ignore the noise.

Nice post,

Dan
by dwickenh
Tue Feb 09, 2021 10:05 am
Forum: Investing - Theory, News & General
Topic: Bond yields of 1% mean that 60/40-type allocations are off for almost everyone?
Replies: 96
Views: 8382

Re: Bond yields of 1% mean that 60/40-type allocations are off for almost everyone?

So you're saying it really is different this time? The same thing was being posted last year but Intermediate bond funds returned 7-9% and held up well in the March madness if they were government funds. Interest rates will go up, and go down, just like the markets. Timing them by adding additional ...
by dwickenh
Tue Feb 09, 2021 9:52 am
Forum: Personal Investments
Topic: Are Bogleheads still investing at Vanguard?
Replies: 132
Views: 11604

Re: Are Bogleheads still investing at Vanguard?

Still at Vanguard and just started a small taxable account at Fidelity. I really see no difference in service between the two companies. I seldom need any service so maybe some have difficulties I would not encounter. 99.9 percent of my investments are at Vanguard. I am a happy client.

Dan
by dwickenh
Sun Feb 07, 2021 9:53 am
Forum: Personal Investments
Topic: advisor / brokerage change - cap gains
Replies: 21
Views: 797

Re: advisor / brokerage change - cap gains

Your advisor knows the answers to your questions, he is just being coy in not answering them. The IRAs can be moved without any tax consequences. The taxable account would have cop gains if the funds are sold, but they may be able to be moved to another brokerage "in kind" without any sale...
by dwickenh
Sun Feb 07, 2021 9:40 am
Forum: Personal Finance (Not Investing)
Topic: What's your highest limit credit card?
Replies: 98
Views: 6088

Re: What's your highest limit credit card?

2 cards, 35K limit, never use more than 4K and usually less than 2K.
by dwickenh
Fri Feb 05, 2021 5:29 pm
Forum: Investing - Theory, News & General
Topic: Duration (8+) of Wellesley & Wellington Bonds - any concerns for 2021?
Replies: 51
Views: 3833

Re: Duration (8+) of Wellesley & Wellington Bonds - any concerns for 2021?

OP, It is very simple. The only reason for you to hold the W&W fund is you believe in their ACTIVE MANAGEMENT of the stock and the bond. If you cannot trust the ACTIVE MANAGEMENT of their bond holding and you could do better, you should sell your W&W fund. KlangFool Of course I trust the ac...
by dwickenh
Fri Feb 05, 2021 5:24 pm
Forum: Personal Investments
Topic: 2021 Portfolio Review
Replies: 3
Views: 684

Re: 2021 Portfolio Review

If Duckie says it looks good, it most likely is good.

+1
by dwickenh
Fri Feb 05, 2021 5:22 pm
Forum: Personal Investments
Topic: Move to a shorter-term bond fund ?
Replies: 18
Views: 1842

Re: Move to a shorter-term bond fund ?

I own the exact funds that OP is asking about. I still have a 6 year horizon to RMDs and will not need to access the bond funds until that time. When I am 3 years away, I may shorten the duration to match the timeline for needing these funds. These same funds made over 7-8% last year so I have decid...
by dwickenh
Fri Feb 05, 2021 5:17 pm
Forum: Personal Investments
Topic: Moving to 0% income state tax.
Replies: 44
Views: 3599

Re: Moving to 0% income state tax.

Here is article on Florida requirements:

https://www.thebalance.com/how-to-becom ... ly-3505215

Dan
by dwickenh
Fri Feb 05, 2021 5:08 pm
Forum: Personal Investments
Topic: Are tax refunds considered earned income?
Replies: 19
Views: 1068

Re: Are tax refunds considered earned income?

A state tax refund could be taxable on your Federal return if you took the deduction the prior year on Schedule A long form deductions.
by dwickenh
Fri Feb 05, 2021 5:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14652
Views: 1126129

Re: U.S. stocks continue to soar!

I backed up the truck today! Tony What did you put in the truck Tony? Dan Today? Bonds. With stocks rising over the past few months, our bonds are under the target allocation. I tune out the noise and simply buy. Hope you are well. Tony Getting closer to a rebalancing band myself!!! Thanks for the ...
by dwickenh
Thu Feb 04, 2021 12:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14652
Views: 1126129

Re: U.S. stocks continue to soar!

abuss368 wrote: Thu Feb 04, 2021 11:52 am I backed up the truck today!

Tony
What did you put in the truck Tony?

Dan
by dwickenh
Mon Feb 01, 2021 10:47 am
Forum: Personal Investments
Topic: Mother in Law wants help investing 70K
Replies: 36
Views: 2187

Re: Mother in Law wants help investing 70K

Seems like they are good candidates for Wellesley as it is a hands off fund that is conservative. It is my best suggestion for people with limited ability to take on risk while still supplying a decent return. YMMV.

Dan
by dwickenh
Mon Feb 01, 2021 10:43 am
Forum: Investing - Theory, News & General
Topic: Does the 4% rule take tax, fees etc into account?
Replies: 362
Views: 12845

Re: Does the 4% rule take tax, fees etc into account?

We need to replace the 4% rule with the 3% rule, because 4% is much more likely to fail over the next 30 years than it used to be. I hate it when people say this without context. But at least you didn't go to 2%. If you are meaning that we are now facing the worst 30 years in recorded(*) history, t...
by dwickenh
Sat Jan 30, 2021 9:23 am
Forum: Personal Investments
Topic: Avoiding market timing is HARD
Replies: 58
Views: 4587

Re: Avoiding market timing is HARD

burritoLover wrote: Fri Jan 29, 2021 10:18 pm Set up auto invest for every paycheck
This^^^^^^^

Take the decision of "When" out of the equation and you will get the benefit of DCA.

Look when the market is going up, ignore your account when the market is going down.

That works for me.
by dwickenh
Sat Jan 30, 2021 8:53 am
Forum: Personal Investments
Topic: Low-budget retirement ideas with $300K to $400K net worth
Replies: 21
Views: 2999

Re: Low-budget retirement ideas with $300K to $400K net worth

I don't see enough assets for retirement, but you may be able to pursue your passion for the environment by teaching. Try to find employment you enjoy every day and continue to save for retirement. The right job could make you feel retired, while still adding to your retirement savings. There are no...
by dwickenh
Fri Jan 29, 2021 9:18 am
Forum: Personal Investments
Topic: If you need another reason NOT to time the market
Replies: 58
Views: 5266

Re: If you need another reason NOT to time the market

As a relatively young person, you are wasting valuable time. Write a Investment policy statement(see the Wiki for more on IPS) and stick to it through
thick and thin. You will get full advantage of the compounding in the market.

Best to you,

Dan
by dwickenh
Fri Jan 29, 2021 9:13 am
Forum: Investing - Theory, News & General
Topic: Why not 50/50?
Replies: 175
Views: 17141

Re: Why not 50/50?

50/50 here after almost 5 years in retirement. It's not magic or perfect, but it works great for me. I feel it is a compromise of sorts for return and safety. I, like Jack Bogle, wish I had more stocks some days and more bonds other days. Others have their own way to ride the investing waves and the...
by dwickenh
Thu Jan 28, 2021 9:24 am
Forum: Personal Investments
Topic: For Fee Planner vs. Flagship
Replies: 36
Views: 2460

Re: For Fee Planner vs. Flagship

Read Jane Bryant Quinn's book How to Make Your Money Last , plus ask questions on this forum and you will be well on your way being your own FA. There is a deal on Amazon you get 2 copies for just 150% of the price of one. You & spouse can read in parallel! +1 to the book, and you can buy gentl...
by dwickenh
Mon Jan 11, 2021 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Got my stimulus check, how about you?
Replies: 212
Views: 16341

Re: Got my stimulus check, how about you?

First stimulus check was EFT to my account Nov 2020. I don't expect this one any time soon based on the 7-8 months it took
for the first one. Yes, I am good at controlling my taxable income.
by dwickenh
Mon Jan 11, 2021 7:38 pm
Forum: Investing - Theory, News & General
Topic: Reconsider bonds?
Replies: 61
Views: 4610

Re: Reconsider bonds?

I'm expecting a little over 1% and downside protection from my intermediate bond funds. Anything above that would be gravy, anything below will not sink my plan.
by dwickenh
Sat Jan 09, 2021 10:30 pm
Forum: Personal Investments
Topic: Vanguard Total Bond (VBTLX) at 1.11% yield seems high risk
Replies: 167
Views: 15795

Re: Vanguard Total Bond (VBTLX) at 1.11% yield seems high risk

I use the same fund in my IRA, along with Vanguard Intermediate Index VBILX. I understand that the duration on both funds(VBTLX and VBILX) is about 6.5 years. I don't need to draw from my IRA until RMDs at age 72(6 years). I am not willing to try to guess interest rate movement. I will shorten the d...
by dwickenh
Fri Jan 08, 2021 2:22 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2311
Views: 274118

Re: Major Milestone reached!

Congrats on your success, be careful it is not fleeting..... You are touting your price investing on an index investing website.
I hope you take profits and invest in the market instead of just a few stocks.

Good luck to you,

Dan
by dwickenh
Thu Jan 07, 2021 10:36 am
Forum: Personal Consumer Issues
Topic: Why do car salesman want to talk to me?
Replies: 63
Views: 6715

Re: Why do car salesman want to talk to me?

I’m in the market for a new car for the first time in almost a decade. Today I emailed a dozen dealerships for their out-the-door price. At least half of them have been pestering me for my phone number or to call them. One acted offended when I said I’d rather communicate via email. I would imagine...
by dwickenh
Sat Jan 02, 2021 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: IRS IP PIN Program
Replies: 11
Views: 691

Re: IRS IP PIN Program

I have one after someone opened an account in my name. I get a number every year near the end of January.
by dwickenh
Thu Dec 31, 2020 7:39 pm
Forum: Personal Investments
Topic: Portfolio Rebalancing & Investment Advice
Replies: 7
Views: 455

Re: High Dividend ETFs vs. Bond Index Funds

I agree with sycamore 100%^^^^