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@Hondo. I get that. I try and try and try to get my dear wife interested or motivated to do exactly what you describe. Massive fail on my part. My fall back is just do Wellesley and do done with it but so far I refuse.
larryB: Using Wellesley …
I am sort of going the other way. As my CDs mature, I am redeeming them. The last one will mature in about 2 months. Putting the cash in our MM fund for right now. It is paying a fraction over 5.25%, but plan to later go with a I-T Bond Fund.
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Vanguard calculates our RMD each year and sends each of us the total amounts and the amounts coming out of each fund, however I also calculate them for a double check. We have the RMD taken out proportionally from each of our IRA funds
I've been taking RMDs since 2007. Tax withholding has always been a question I think about each year. Since starting RMDs, I have used the Electronic Tax Payment System,(EFTPO), to make automatic quarterly payments. After filing our tax return for …
a2z, how does one qualify for a 'personal rep' at VG? I used to have one when I first moved into Flagship, but have since lost him. I just call the Flagship number now and take whoever answers.
I just moved our last two accounts from Vanguard
We have had accounts there in one form or another since 1983
They really had to work hard to force us out!
Wow. If you don't mind saying, where did you go and why did you choose the new firm?
Many brokerages carry "excess of SIPC" coverage. For example, Fidelity writes:
Excess of SIPC: In addition to SIPC protection, Fidelity provides its brokerage customers with additional "excess of SIPC" coverage. The excess coverage would only be u…
My brokerages are the well known staid old guard. I do not worry that they will commit fraud on my account of usurp my funds. Many people maintain multi- million dollar accounts at a single brokerage. Sorry this does not answer your question but …
Coverage is $500K per 'separate capacity' - defined, loosely, by account ownership and type: https://www.sipc.org/for-investors/investors-with-multiple-accounts
Since it sounds like everything is currently in a "joint" account, you could open an 'i…
Well, I logged in to VG this morning and everything was back to normal. Thanks everyone for your replies.
In this mornings mail I received VGs amended Brokerage Account Agreement.
$25 commission for telephone trades.
$100 fee for account closur…
msf: It happens to me when I try to open to our accounts or click portfolio. Thanks for your reply. Perhaps it will correct itself by tomorrow. It has been 3 days as of today.
I am redeeming cds as they mature and moving the cash to my VG MM fund, 5.27%. If cds start paying better than the MM, I may invest again at my cu. I only buy cds at my credit union. It has always paid a good rate. I will not shop around for a fe…
The first house we bought back around 1960 (+/-) had a interest rate of 6%. Of course, the price of the house was a lot less than it would be today and we had a lot less income. The funny part now, is that I remember laying in bed at night worryin…
@hondo - Was “Tarhell” a Freudian slip?? / I’d guess it’s a silly typo. Thanks for your thoughts on the issue.
Sorry, just a typo and has been corrected.
Tarwheel: Your problem is one that most investors suffer through. If it isn't bonds, it's stocks or something else. We always worry about what is going to happen in the future. You must set your goals and allocations and stick to them, unless you…
I don't expect it to last long, but if military, border patrol, ATC don't get paid, but have to work,
then neither should Congress, the cabinet, etc be paid. Heard on TV this morning that the freeze on pay did include Congress.
My house is about 50 years old, and I am having to spend more and more each year on ACs, Hot Water heaters, plumbing, and a number of "surprises" outside of my house. I am starting to question whether we need to "sell the house" and buy smaller and…
@hondo. Same boat here. My wife has no interest in this stuff and I think more and more about a vastly simplified portfolio going forward. As my CD’s and treasuries mature it might be time to build a position in Wellesley or some such thing. At l…
"I realize my thinking is slowing"
@hondo- I've passed through that phase and am now in the "my thinking is evaporating" phase. I can hardly wait to see what comes next. Maybe a weekend pass from "the home".
:(
Old Joe: Man, I know what you mean.…
dt: I bought a 12 month 5% CD yesterday. I know that I could have gotten a higher rate with a brokered CD, but wanted to stay with my credit union. As you know, I have always tried to keep it simple for my wife's sake. Now, I have come to the poin…
FWIW, I spoke with a Vanguard rep and found out we can still receive our TAX Forms by US Mail without paying a fee. I think there may be a tax law that requires tax forms to be mailed unless taxpayer agrees to another delivery method. Not sure.
I…
I just can't believe all of the panic going on with the investors posting on this forum. First, IMO the 14th was not meant for this kind of situation. Second, this mess will be worked out. Even if it is not, there are worse things that can happen.…
VWIAX is our largest holding in the tax-deferred space. I am also concerned about it, but I am not going to sell it. I believe it will come back and in the meantime I am reinvesting the dividends and cgs at a discount price. Letting the fund mana…
As I understand it, the Republican bill, in general, would raise the debt limit to avoid the default and reduce spending to stop going above the new debt limit. Biden does not want any debt limit so that he can spend all he desires. There has to b…
"Some states have a balanced budget law and they are doing better than those without one."
@hondo- Define "better".
Old Joe; Texas is an example of a balanced budget state that is doing better. Texas has a balanced budget, no state income tax and…
Of course there should be a debt ceiling. No country can just spend and spend , and go more and more in debt. There must be a limit. To go into unlimited debt will destroy our country as it has other countries. I support a balanced budget. Some s…
