|
|
02-13-2008, 12:05 PM
|
#81
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
|
What's with the wire transfer? Is not your Vanguard account set up for ACH transfers to/from your checking account already? And it's free!
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
02-13-2008, 12:06 PM
|
#82
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
Quote:
Originally Posted by LOL!
What's with the wire transfer? Is not your Vanguard account set up for ACH transfers to/from your checking account already? And it's free!
|
Vanguard's Ach transfer limit is $100K, and it takes two days, and I remember reading SOMEWHERE that my bank has fees on Ach transfers of this type, after a certain number/month. And really, after that phone call I just wanted to get it ALL moved to Vanguard and out of my underhanded, scheming bank as soon as I could. It only cost $15.
Uh-oh! Hope I'm not losing my LBYM attitude. It does fit into my budget, though.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-13-2008, 12:10 PM
|
#83
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
I'm thinking Wisconsin has got to be right there with you, we have one of the highest amount of retired govt workers per capita in the USA.........
Quote:
Wait! Change that "luckily" to "unfortunately". We need some manufacturing plants and other employers and jobs around here in this poorest state of the Union.
|
You guys HAVE to be richer than Mississippi..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
02-13-2008, 12:15 PM
|
#84
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
Quote:
Originally Posted by FinanceDude
I'm thinking Wisconsin has got to be right there with you, we have one of the highest amount of retired govt workers per capita in the USA.........
You guys HAVE to be richer than Mississippi..........
|
We're giving them some serious competition! Usually we are neck and neck at the bottom of the "good lists" and the top of the "bad lists". Mississippi managed to get a Nissan plant, and other automotive plants, and the casinos on the Gulf Coast. We have oil, gumbo, and crooked politicians. I have great hopes for our new governor, but he has only been in office a few weeks.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-13-2008, 12:34 PM
|
#85
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by Want2retire
We're giving them some serious competition! Usually we are neck and neck at the bottom of the "good lists" and the top of the "bad lists". Mississippi managed to get a Nissan plant, and other automotive plants, and the casinos on the Gulf Coast. We have oil, gumbo, and crooked politicians. I have great hopes for our new governor, but he has only been in office a few weeks.
|
You forgot Mardi Gras and low test scores..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
02-13-2008, 12:41 PM
|
#86
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
ROFL!! So true. And fais-do-do on the bayou, pirogues, crawfish, pelicans, and now gutted, moldy houses standing sadly in what was once called America's most European city.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-13-2008, 01:22 PM
|
#87
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
02-13-2008, 04:02 PM
|
#88
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,855
|
Quote:
Originally Posted by Want2retire
It only cost $15.
Uh-oh! Hope I'm not losing my LBYM attitude. It does fit into my budget, though.
|
I don't think $15 is going to lead you from a lifetime of frugality to frittering it all away...
Besides you're supposed to set aside 5%-10% of that windfall and blow it on something frivolous. Hopefully $15 wasn't all of it!
Quote:
Well, gosh, that's what the pictures are for. Haven't they shown them to you yet?
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
02-13-2008, 04:09 PM
|
#89
|
Full time employment: Posting here.
Join Date: Mar 2007
Location: Anchorage
Posts: 731
|
W2R - I'm shocked that someone of your intelligence could be intimidated by an anonymous voice on the phone. I just read this thread and all the good information on it. The only thing I might add is my standard reply to all phone calls from strangers: "Sorry, I only take private calls here," and hang up immediately. Then I don't worry about hurting the feelings of someone who might be a volunteer at a charitable organization.
My mother has been taken in by solicitors in the past to her regret. I've told her that anyone that telephones or comes to the door uninvited, should be dismissed immediately. She and I are both softies so therefore don't dare let a word in edgewise lest we feel sorry for the person.
|
|
|
02-13-2008, 04:52 PM
|
#90
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
Quote:
Originally Posted by toofrugalformycat
W2R - I'm shocked that someone of your intelligence could be intimidated by an anonymous voice on the phone. I just read this thread and all the good information on it. The only thing I might add is my standard reply to all phone calls from strangers: "Sorry, I only take private calls here," and hang up immediately. Then I don't worry about hurting the feelings of someone who might be a volunteer at a charitable organization.
My mother has been taken in by solicitors in the past to her regret. I've told her that anyone that telephones or comes to the door uninvited, should be dismissed immediately. She and I are both softies so therefore don't dare let a word in edgewise lest we feel sorry for the person.
|
Thanks for the compliment - - I guess he just went right for my weak points at a vulnerable moment. I normally just hang up too, but I thought maybe there was a problem with the check (since he knew about it). Oh well!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-13-2008, 04:58 PM
|
#91
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
Quote:
Originally Posted by Nords
I don't think $15 is going to lead you from a lifetime of frugality to frittering it all away...
Besides you're supposed to set aside 5%-10% of that windfall and blow it on something frivolous. Hopefully $15 wasn't all of it!
|
Nope! Not the entire amount. I would feel guilty if I spent principal, but I have an idea. I think what I'll do instead, is to allow myself to fritter away my ENTIRE $1395 tax refund AND $600 economic stimulus check this year. Normally, things like that always have to go into the nestegg. Now, the question will be to figure out something that I want before the refund check arrives (about ten days). :confused: I am actually quite satisfied with what I have. Maybe some art. Maybe new clothes.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-13-2008, 05:12 PM
|
#92
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
|
Quote:
"...who wears the pants in your family..."
|
"Well, let me give a link to our web page..."
Isn't being slightly unscrupulous sort of like being slightly pregnant?
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
02-13-2008, 05:30 PM
|
#93
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
Well remember, I live in Louisiana - - home of the grey area, where politicians that are only a little bit corrupt are often the best choice on the ballot.
But one thing's for sure: When I ER, I am not going to be just a little bit retired!
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-13-2008, 06:36 PM
|
#94
|
Full time employment: Posting here.
Join Date: Oct 2007
Posts: 616
|
w2r,
Warning: Unsolicited advice coming.
I see you transferred the money to Vanguard. If you didn't already invest it according to your overall AA, I suggest this - for the immediate future, put it in Vanguard's Prime Money Market fund.
This is my thinking: you don't want to make any radical changes. VMMXX yield is 4.03% according to the latest update I have. That means that every $100,000 invested will give you $336 per month. Should be stable and above the inflation rate.
Good luck to you!
__________________
"Making deliberate choices about how to spend your money and your time is the essence of making the most of your life energy." -Bill Perkins, Die With Zero
"I've traded love for pennies, sold my soul for less" -Jim Croce, Age
|
|
|
02-13-2008, 06:48 PM
|
#95
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
Quote:
Originally Posted by TickTock
w2r,
Warning: Unsolicited advice coming.
I see you transferred the money to Vanguard. If you didn't already invest it according to your overall AA, I suggest this - for the immediate future, put it in Vanguard's Prime Money Market fund.
This is my thinking: you don't want to make any radical changes. VMMXX yield is 4.03% according to the latest update I have. That means that every $100,000 invested will give you $336 per month. Should be stable and above the inflation rate.
Good luck to you!
|
Thank you. That's exactly where it's headed. Guess we were thinking along the same lines! I plan to move into my equity index funds very gradually, given the uncertain market right now. Meanwhile, the balance will remain in VMMXX.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-13-2008, 06:53 PM
|
#96
|
Full time employment: Posting here.
Join Date: Oct 2007
Posts: 616
|
Well, I *have* noticed that the more someone agrees with me, the smarter they are...
:bows:
__________________
"Making deliberate choices about how to spend your money and your time is the essence of making the most of your life energy." -Bill Perkins, Die With Zero
"I've traded love for pennies, sold my soul for less" -Jim Croce, Age
|
|
|
02-13-2008, 08:21 PM
|
#97
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by TickTock
Well, I *have* noticed that the more someone agrees with me, the smarter they are...
:bows:
|
I need some boots...........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
02-13-2008, 08:35 PM
|
#98
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,855
|
Quote:
Originally Posted by Want2retire
Now, the question will be to figure out something that I want before the refund check arrives (about ten days). :confused: I am actually quite satisfied with what I have. Maybe some art. Maybe new clothes.
|
I haven't been paying attention-- is Mardi Gras done yet? How many LA residents own their own Mardi Gras float?
Or buy out some supplier's bead surplus, and let people wonder what you did to acquire so many of them...
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
02-14-2008, 05:48 AM
|
#99
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
Quote:
Originally Posted by Nords
I haven't been paying attention-- is Mardi Gras done yet? How many LA residents own their own Mardi Gras float?
Or buy out some supplier's bead surplus, and let people wonder what you did to acquire so many of them...
|
Good idea! Yes, Mardi Gras is over - - it was very early this year, on February 5th. As far as beads go, like most "locals" I have boxes and boxes of beads that I don't need, but are too pretty or choice to just throw out. I have them hung all over my house, too, at least on my mirrors and in my dressing room! TMI. Anyway, my tax refund check appeared this morning, earlier than the IRS said it would (thank you, TurboTax!), so I might do some impulse shopping this weekend.
Anyway, in other news, the $$ is safely in Vanguard VMMXX this morning and I feel SO MUCH BETTER. My bank was bought out a couple of years ago by Capital One, and frankly, I trust Vanguard a lot more than Capital One.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
02-14-2008, 02:53 PM
|
#100
|
Thinks s/he gets paid by the post
Join Date: Aug 2006
Posts: 2,433
|
Quote:
Originally Posted by Want2retire
Anyway, in other news, the $$ is safely in Vanguard VMMXX this morning and I feel SO MUCH BETTER. My bank was bought out a couple of years ago by Capital One, and frankly, I trust Vanguard a lot more than Capital One.
|
Plus, VMMXX currently pays you a 4% interest rate.
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|