Search found 332 matches

by Diogenes
Mon Aug 31, 2015 2:32 am
Forum: Investing - Theory, News & General
Topic: Aug 2015 correction: what Bogleheads did...
Replies: 122
Views: 6522

Re: Aug 2015 correction: what Bogleheads did...

I don't see a difference between rushing to rebalance every time the market hiccups and market timing..?

Seems inconsistent with the BH philosophy, isn't it? What would Jack do?

_D_
by Diogenes
Wed Aug 12, 2015 3:14 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy? Quitting my job.
Replies: 95
Views: 13748

Re: Am I crazy? Quitting my job.

Having lived in Saudi for a bit, I know the isolation you are talking about. It's a choice many make for the short-term. If you are 28 perhaps this was your first major job after college? At that age the most concerning thing is that you are thinking about retirement. Not to step up on the soap box....
by Diogenes
Mon Aug 10, 2015 9:29 pm
Forum: Investing - Theory, News & General
Topic: Front-End Loads: Are They Really THAT Big of a Deal?
Replies: 60
Views: 4530

Re: Front-End Loads: Are They Really THAT Big of a Deal?

Generally the only people these days who would argue that a front end load is "no big deal" are those engaged in the business of selling them. With all the choices out there, it's hard with a straight face to claim that anyone would be better off by allowing someone to pocket 5 percent of ...
by Diogenes
Mon Aug 03, 2015 1:51 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Returns and Climate Change, 2015-2050
Replies: 30
Views: 1557

Re: Asset Class Returns and Climate Change, 2015-2050

Anyone who thinks they can't pick winning stocks based on current metrics but thinks they can predict winning sectors in 50 years based on uncertain and conditional predictions... well, it's just a different kind of hubris. Agreed. It seems likely that the OP was more likely not asking an investmen...
by Diogenes
Sun Aug 02, 2015 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 35
Views: 4268

Re: Is Being a Private Banking Client Worth it?

I have been solicited several times by Chase to join their Private Banking program. We keep a few accounts open at a branch near where we have a house to use if necessary when in the area. As far as I can tell the only advantage is a better mortgage rate (except we don't want a mortgage), a free saf...
by Diogenes
Sun Aug 02, 2015 5:18 am
Forum: Investing - Theory, News & General
Topic: "20 People You Don't Want to Invest With" by Ben Carlson
Replies: 8
Views: 1686

Re: "20 People You Don't Want to Invest With" by Ben Carlson

Scottj,

Thanks for this.

The first 5 items at least are common sense for life as well. Always good to be reminded.

Best,

_D_
by Diogenes
Sat Aug 01, 2015 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Majority of units in my condo assoc are owned by investors. Is this bad?
Replies: 21
Views: 2161

Re: Majority of units in my condo assoc are owned by investors. Is this bad?

Also bad since renters do not typically take care of the place as well as owners. Also are less concerned with participating in association matters.
by Diogenes
Thu Jul 30, 2015 2:33 pm
Forum: Personal Consumer Issues
Topic: MacBook Air losing power
Replies: 26
Views: 2184

Re: MacBook Air losing power

Apple had an initiative about a year ago in which they were replacing 2011-12 MacBook Air batteries free of charge. It depended on what your serial number was. Not sure if it is still possible. I qualified and received a new battery after a 2 day layover at an Apple Store. Since I have gotten very g...
by Diogenes
Mon Jul 27, 2015 2:13 am
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals?
Replies: 41
Views: 4313

Re: What are your financial goals?

I started with nothing, immigrant parents with no education, grew up in small apartments in not so great neighborhoods. My financial goals have been the same for last 35 years since graduating college. Work hard for a premium salary so i could save and invest enough to 1) retire early from my high ...
by Diogenes
Tue Jul 07, 2015 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Foreign Earned Income Exclusion
Replies: 3
Views: 304

Re: Foreign Earned Income Exclusion

The thing that many don't realize at first on the FEIE is that you still pay at the higher rate for your non-excluded income. I didn't at first grasp this until my draft tax return was completed, before I did an extension until I qualified under the physical presence test. Even though I excluded the...
by Diogenes
Wed Jul 01, 2015 2:29 am
Forum: Personal Consumer Issues
Topic: I'm Giving Up Golf
Replies: 40
Views: 7445

Re: I'm Giving Up Golf

After playing golf and enjoying the game for 55 years and now 80 years old, I am giving up the game primarily because I cannot play to the level that I played just five years ago. Stiff legs and sore hands make playing very awkward and my ego is such that I just can't continue the frustration. I ga...
by Diogenes
Wed Jul 01, 2015 2:21 am
Forum: Personal Consumer Issues
Topic: Fair compensation for change of delivery date without been notified
Replies: 20
Views: 2267

Re: Fair compensation for change of delivery date without been notified

Life is full of minor inconveniences. Don't expect to get paid for them.
by Diogenes
Tue Jun 30, 2015 2:17 am
Forum: Personal Consumer Issues
Topic: Can you simply change the music file structure in iTunes?
Replies: 13
Views: 1648

Re: Can you simply change the music file structure in iTunes?

For those that are fully Mac, does anyone know of a good product like MP3tag to use? (I don't want to run a Windows program using an emulator like Wine). I would like to combine all he music I own from iTunes, Amazon, my various computers and store them on my server or USB drive. deally something th...
by Diogenes
Mon Jun 22, 2015 3:35 pm
Forum: Personal Consumer Issues
Topic: Concerns about upcoming Greece visit.
Replies: 26
Views: 3161

Re: Concerns about upcoming Greece visit.

Just returned from a couple of weeks in Greece this month. Where you are going, Santorini and Mykonos are where all the Americans go. Even less chance of issues there as they are the major tourist destinations. Just go, unless worry has the better of you. To see more the real Greece, head to some of...
by Diogenes
Tue Jun 16, 2015 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring Abroad
Replies: 22
Views: 4035

Re: Retiring Abroad

You're a long ways off, so many of the answers now that you can find on many expat forums may change by then. I've lived overseas for seven or eight years, and plan to continue to do so. However, thinking of renouncing your citizenship for purely financial reasons is misguided in my view. Most peopl...
by Diogenes
Mon Jun 15, 2015 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 56
Views: 6594

Re: Long term care insurance - Less than meets the eye

One more vote for Self Insure......i.e. "have a big pile of momey" 1210 My plan is to self insure, have a big pile of money, and have LTCI. I want all of my bases covered, just in case. In fact I have an excellent LTCI policy with John Hancock. Safe bet to cover all the bases. Is it simil...
by Diogenes
Sun Jun 14, 2015 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 56
Views: 6594

Re: Long term care insurance - Less than meets the eye

So far we have not heard from anyone who purchased in the last couple of years... I continue to look for a reason to buy one, without any luck. How about 3 years I went with 10pay because I only want to give them 10 chances to jack my rate up into the stratosphere, instead of every year for the res...
by Diogenes
Sat Jun 13, 2015 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 56
Views: 6594

Re: Long term care insurance - Less than meets the eye

I think the fact that there is confusion about a Federal Government LTCI policy, which is probably far better than policies available to everyone else, illustrates the issue quite well. True the 4 percent inflation adjustment was not considered - however neither was the possibility of premium increa...
by Diogenes
Sat Jun 13, 2015 2:02 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 56
Views: 6594

Re: Long term care insurance - Less than meets the eye

There are plenty of problems with LTC insurance, but this isn't one of them: In most cases, sadly it gives only the illusion of reducing financial uncertainty in your life. After looking closely at the very narrow window of breaking even on one of these policies when purchased at 50, the numbers si...
by Diogenes
Fri Jun 12, 2015 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 56
Views: 6594

Re: Long term care insurance - Less than meets the eye

There are plenty of problems with LTC insurance, but this isn't one of them: Require long-term care when you are relatively young, and you win, financially. Require it much later, or not at all, and the insurance company wins. LTCI can be a screaming good deal, if you’re afflicted early. But, at th...
by Diogenes
Sun Jun 07, 2015 1:25 am
Forum: Personal Consumer Issues
Topic: Perpetual Travelling
Replies: 73
Views: 10383

Re: Perpetual Travelling

I have this list bookmarked but haven't looked at them yet. Maybe one of them has what you need? If so, let us know! https://www.flipkey.com/blog/2014/11/03/top-25-solo-female-travel-bloggers-to-follow-in-2015/ I have used VRBO in several countries for long term rentals with great results, but not ...
by Diogenes
Sat Jun 06, 2015 12:57 pm
Forum: Personal Consumer Issues
Topic: Perpetual Travelling
Replies: 73
Views: 10383

Re: Perpetual Travelling

If we can nudge this thread back to the idea of perpetual traveling, some of the links posted have been very interesting. How about those that are true expats (meaning not just an adventure a couple of times per year) - extended vacations? It's a different mindset. Most would consider 'perpetual tra...
by Diogenes
Sat May 30, 2015 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Schengen Visa Travel Health insurance
Replies: 8
Views: 814

Re: Schengen Visa Travel Health insurance

Not only do you not need a Schengen visa for your short trip as mentioned above, and wouldn't get one anyway (they are not easy to get for Americans), but many travel health policies are nearly worthless. I lived in Europe for some years recently with a S visa due to employment. I had no trouble usi...
by Diogenes
Fri May 22, 2015 1:00 pm
Forum: Personal Consumer Issues
Topic: Traveling Insurance
Replies: 6
Views: 474

Re: Traveling Insurance

If by travel insurance you are talking about medevac, I highly recommend Medjet Assist. I don't work for them, but have their Expat policy as I live overseas. I know several persons that they brought back due to serious accident or illness. Unlike some competitors, they will bring you back to a plac...
by Diogenes
Sun May 17, 2015 4:46 pm
Forum: Personal Consumer Issues
Topic: Will you buy an Apple Watch?
Replies: 456
Views: 37341

Re: Will you buy an Apple Watch?

I own many Apple products, because they make my life better. But the Apple Watch? Don't think so. I can't see a real man wearing one. I'll wait for the iCar... One has to be self assured in their respective gender. Go for the Tesla, no need to wait for iCar. Just get in dark color if any identity i...
by Diogenes
Sun May 17, 2015 1:12 am
Forum: Personal Consumer Issues
Topic: Will you buy an Apple Watch?
Replies: 456
Views: 37341

Re: Will you buy an Apple Watch?

I own many Apple products, because they make my life better.

But the Apple Watch? Don't think so. I can't see a real man wearing one.

I'll wait for the iCar...
by Diogenes
Fri May 08, 2015 2:11 am
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35798

Re: much ado about coasting (through life)

It sounds as if the OP has been reading one of Ernie Zelinski's books, such as http://www.amazon.com/The-Joy-Not-Working-Overworked/dp/1580085520 It's an entertaining read. However at 33 and not FI, what you are talking about was merely called 'loafing' by a previous generation. Of course, everyone ...
by Diogenes
Sun Apr 19, 2015 11:51 am
Forum: Personal Consumer Issues
Topic: noise-blocking headphones
Replies: 39
Views: 3729

Re: noise-blocking headphones

Another thumbs up for Bose. They are indispensable on long flights, been using them for years. Couple of years back the plastic head piece broke. Bose sent me a new pair.

_D_
by Diogenes
Sat Apr 18, 2015 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Am I part of the problem??
Replies: 73
Views: 9782

Re: Am I part of the problem??

I too work in one of those firms. I have no moral problem with it. I know plenty of people who told me "I don't want to learn about investing and don't want to think about it". They can leave their money in a bank account, or they can hire someone to do this for them. I have converted clo...
by Diogenes
Fri Apr 17, 2015 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Help Evaluating Federal Job Offer
Replies: 28
Views: 3078

Re: Help Evaluating Federal Job Offer

Benefits will not mean much if you don't like going to work. Make sure that the job excites you more than your current position, and you intend to stay in for the long haul. I've seen many government workers who were just marking time until retirement, even while in their 30's. Thats a waste of a li...
by Diogenes
Thu Apr 09, 2015 1:07 pm
Forum: Investing - Theory, News & General
Topic: The $1 Million Goal: Source of Motivation or Discouragement?
Replies: 172
Views: 17926

Re: The $1 Million Goal: Source of Motivation or Discouragem

I'm going to have to disagree with the assessment that this is "hardly undoable." Our household earning is $30k a year. Can't save $20k like that. And there's no way SS will pay us $30k a year, or any "massive chunk," really. Yeah, sounded pretty out of touch, didn't it. I'm goi...
by Diogenes
Sat Apr 04, 2015 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: High income help - [Will marriage help reduce taxes?]
Replies: 29
Views: 3095

Re: High income help - [Will marriage help reduce taxes?]

All, I have posted before when I first got my new job and received excellent advice on my savings accounts and allocations. I haven’t saved as aggressively as I was planning for several months but for the past few months I am getting back to my original plans. However, I now have new questions base...
by Diogenes
Wed Apr 01, 2015 5:17 pm
Forum: Forum Issues and Administration
Topic: Need a new sub-forum for guns?
Replies: 25
Views: 3041

Re: Need a new sub-forum for guns?

Since someone mentioned cars and guns together, here are differences. Most people here own a car. But only less than half the US population owns guns. I do not realize that cars have been used in planned mass murders, though guns have. Cars are not a political issue, but owning/using guns is. I don...
by Diogenes
Mon Mar 30, 2015 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: $1.5M in 401K. What to do with it at retirement?
Replies: 15
Views: 4656

Re: $1.5M in 401K. What to do with it at retirement?

It really depends on the rest of your financial picture. 1.5 with no other major income stream (i.e. Pension) and significant expenses is a world away from not needing the extra income.

_D_
by Diogenes
Sat Jan 10, 2015 5:36 pm
Forum: Personal Consumer Issues
Topic: Thinking about retirement - it's depressing
Replies: 80
Views: 9254

Re: Thinking about retirement - it's depressing

If you are 38 and thinking about retirement, you have the wrong profession. Life is not about the rush to retirement, it's about doing something fulfilling along the way. Those that are consumed or depressed with the thought of retirement at 38 likely haven't found that fulfilling thing. Likewise pe...
by Diogenes
Sat Nov 15, 2014 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Navy Federal GO Prepaid Card: travel abroad
Replies: 5
Views: 917

Re: Navy Federal GO Prepaid Card: travel abroad

Unnecessary to be this afraid. I live overseas and use my atm debit card to obtain cash frequently. NEVER walk into a bank overseas to get a cash advance. You will get hit with fees on both ends, a poor exchange rate, and depending where you are it may be impossible to get an advance that way anyway...
by Diogenes
Sat Nov 15, 2014 4:46 am
Forum: Personal Finance (Not Investing)
Topic: Real estate as my "million dollar idea"
Replies: 78
Views: 8251

Re: Real estate as my "million dollar idea"

There are folks who swear by real estate and others that have another way to make a living. Don't be swayed unduly by the real estate proponents here or elsewhere, you must decide if your time is best spent in this fashion. It is not a substitute for the normal BH approach to investing, or a shortcu...
by Diogenes
Fri Nov 14, 2014 4:07 pm
Forum: Personal Consumer Issues
Topic: Is buying organic worth it financially in the long term?
Replies: 124
Views: 9009

Re: Is buying organic worth it financially in the long term?

The reason there is so much disinformation surrounding the ideal diet is that, beyond what we already know for sure, the scientific method is hardly applicable. There is a huge and willing market for healthier food but little actionable knowledge, resulting in a huge industry selling solutions that...
by Diogenes
Thu Nov 13, 2014 2:51 am
Forum: Personal Finance (Not Investing)
Topic: Real estate as my "million dollar idea"
Replies: 78
Views: 8251

Re: Real estate as my "million dollar idea"

Having had two properties leased out in the past, I can advise you not to depend on this as a get rich quick scheme. Certainly not as a substitute for maxing out your tax advantaged accounts first. To try after that, fine, if you have the patience. There are too many variables involved, including te...
by Diogenes
Mon Nov 03, 2014 2:27 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1049
Views: 177365

Re: What Movie Have You Recently Watched?

If you don't mind thinking, and have some knowledge of history:

Two Lives (Liv Ullmann)
The Lives of Others

Both very powerful. Very.
by Diogenes
Sat Sep 27, 2014 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Using Turbotax to file for a Foreign Income Exclusion?
Replies: 5
Views: 583

Using Turbotax to file for a Foreign Income Exclusion?

Filing in 2014/2015 tax years for the foreign income exclusion, based on the physical presence test (at least 330 days overseas during a 12 month period). I will also have U.S. pension income during this time and a spouse that has earned U.S. income at our FL residence. It seems complicated in a way...
by Diogenes
Fri Sep 19, 2014 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: You may want to rethink the odds of ever needing LTCi
Replies: 89
Views: 10403

Re: You may want to rethink the odds of ever needing LTCi

I just have not seen a LTCI policy that is available now that makes any economic sense. If it is peace of mind of regular payments sought, would not a simple annuity be better? If there are good policies for sale out there, perhaps someone can provide links? A friend bought a policy in their early 5...
by Diogenes
Wed Sep 10, 2014 7:10 am
Forum: Investing - Theory, News & General
Topic: How much do investors care about social impact?
Replies: 32
Views: 1657

Re: How much do investors care about social impact?

Agree that the OP is new and likely here for research or political reasons. Neither have a place on the BH forum, and I don't find it useful to respond to the survey.
'Socially Responsible or Social Impact' are terms based on political opinion.
by Diogenes
Mon Sep 08, 2014 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Credit card fraud in South Africa
Replies: 16
Views: 1376

Re: Credit card fraud in South Africa

For persons living outside the U.S. for months at a time, use of an ATM card is essential. Far better than exposing a credit card for every small transaction. Best way to get cash globally, only way in some places. It is not very hard to take reasonable precautions. Specifically, we have an isolated...
by Diogenes
Mon Sep 01, 2014 11:27 am
Forum: Personal Consumer Issues
Topic: US Trusted traveler programs
Replies: 12
Views: 1255

Re: US Trusted traveler programs

If you are only frequently driving into Canada, Nexus is best. However if you fly internationally, Global Entry is well worth it. Global Entry has saved us untold amount of time reentering the States. Also, with Global Entry you will get a Sentri validated card which is good for expedited handling a...
by Diogenes
Sat Aug 16, 2014 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Europe travel: best card for ATM cash
Replies: 33
Views: 3428

Re: Europe travel: best card for ATM cash

Nobody uses travelers checks, or exchanges significant cash at a foreign bank. That is passé. Lived 6 years in Europe and elsewhere and never had a problem using an ATM debit card and a no international transaction fee MasterCard or Visa. USAA debit card - all foreign and domestic ATM fees rebated. ...
by Diogenes
Tue Aug 12, 2014 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: What do you put in your safety deposit box?
Replies: 68
Views: 11581

Re: What do you put in your safety deposit box?

We have a 'fireproof' lockbox at home, but I wouldn't think for a minute in giving up the safe deposit box. We use the 'fireproof' lockbox as an intermediate stop, or for extra copies of documents or secondary photo backups. Main backup along with things I want my family to know will be around goes ...
by Diogenes
Thu Aug 07, 2014 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: [If over 50] Do you prepare for long term care
Replies: 43
Views: 2561

Re: [If over 50] Do you prepare for long term care

LTC insurance is like house insurance. You may never need it but will appreciate it if you have to use it. Really? Buying a homeowners policy is much simpler and far cheaper. It is also not as fraught with fine print generally. It is that fine print and low payouts, coupled with unknown and crazy r...

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