Search found 2614 matches

by Ged
Tue Sep 01, 2015 12:48 pm
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 245
Views: 27192

Re: What are Costco's best deals?

I already have a Citi Visa. The thing is though it has no cash back feature. It is also by far my oldest card so I'm reluctant to close that account because of the impact on my credit rating.

An annoyance for sure.
by Ged
Fri Aug 28, 2015 10:54 am
Forum: Investing - Help with Personal Investments
Topic: ok to place a market order for VEU?
Replies: 20
Views: 454

Re: ok to place a market order for VEU?

I have limited experience with Fidelity. They run their own dark pool. I don't know what they would do with a 2000 to 3000 share order of VEU. My experience is they would probably fill it in 2-4 lots. The bid - ask is 0.01 on this most of the time, but I would place a limit order hoping to get a fe...
by Ged
Thu Aug 27, 2015 1:57 pm
Forum: Investing - Theory, News & General
Topic: BNY Mellon's "glitch," sounds very serious to me
Replies: 38
Views: 4559

Re: BNY Mellon's "glitch," sounds very serious to me

With a mutual fund, the fund company is legally obligated to redeem at the end-of-day NAV. It is allowed seven calendar days to pay, but the amount paid must be based on end-of-day NAV. Yes, that is true. For those who were invested in a mutual fund on Black Monday (October 19, 1987) that end of da...
by Ged
Thu Aug 27, 2015 1:43 pm
Forum: Personal Consumer Issues
Topic: Apartment security deposit problem
Replies: 14
Views: 1393

Re: Apartment security deposit problem

For complaints like this I go to the Attorney General. I don't know where you live but there might me a form like this:

https://www.ag.ny.gov/sites/default/fil ... curity.pdf
by Ged
Thu Aug 27, 2015 11:09 am
Forum: Investing - Theory, News & General
Topic: Don't Sell on the Dips
Replies: 7
Views: 1503

Re: Don't Sell on the Dips

simplesimon wrote:I doubt many people have this as a strategy - selling at $95 and buying at $97.85 - but point taken that in reality, this is what typically happens.


It seems to me a lot of market timing strategies end up doing exactly this.

And there have been a lot of those threads recently.
by Ged
Thu Aug 27, 2015 9:32 am
Forum: Investing - Theory, News & General
Topic: Don't Sell on the Dips
Replies: 7
Views: 1503

Don't Sell on the Dips

Apropos recent market volatility Nate Silver's 538 blog has a little article on what happens when you sell on the dips and buy when the market reverses. http://fivethirtyeight.com/datalab/worried-about-the-stock-market-whatever-you-do-dont-sell/ It's not pretty. Over a 35 year investment period you ...
by Ged
Sun Aug 23, 2015 7:55 am
Forum: Investing - Theory, News & General
Topic: Piling into emerging markets
Replies: 67
Views: 7826

Re: Piling into emerging markets

When I retired I reduced my equity allocation to 40% and went into a total international for simplification in 2013. I usually rebalance in October and April (if needed, which I haven't since 2013), so if the EM bloodbath continues it seems to me that livesoft's suggestion might look pretty good abo...
by Ged
Fri Aug 21, 2015 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: With Stock Market heading south
Replies: 95
Views: 11270

Re: With Stock Market heading south

Well I'm retired now so I'm not making contributions. OTOH my allocation is only 40% equities. My plan says to re-balance in April and October. So maybe I'll calculate my allocation then to see where I am. I do have a vacation coming up in October though, so I could be busy or tired or someth.... zz...
by Ged
Mon Aug 17, 2015 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Charitable
Replies: 44
Views: 2804

Re: Fidelity Charitable

I've been using a Fidelity DAF for a couple of years now.

It's great. Just the savings of not having to track the tax information on all the donations is well worth the AUM fee.
by Ged
Sun Aug 16, 2015 10:57 am
Forum: Personal Consumer Issues
Topic: Can a bill dispute ruin our credit?
Replies: 30
Views: 2676

Re: Can a bill dispute ruin our credit?

It seems to me they do not have any claim with you for the continuing service. I would send them back a copy of the original email that lists the agreed on applications and ask them how they think this justifies what they did.

If they persist file a complaint with the BBB.
by Ged
Sat Aug 15, 2015 4:58 pm
Forum: Personal Consumer Issues
Topic: Laptop Recommendation
Replies: 41
Views: 4030

Re: Laptop Recommendation

I have had very good luck with Lenovo business class machines (W and T series). As for software pre-installed with the machine, I would use a key miner like Magic Jelly Bean Key Finder to recover the windows key, and do a wipe and clean install of a Windows image. Your machine will run much better a...
by Ged
Fri Aug 14, 2015 10:07 pm
Forum: Personal Consumer Issues
Topic: Should car be repaired (airbag issue)?
Replies: 13
Views: 927

Re: Should car be repaired (airbag issue)?

I would probably replace the car if it was not a financial strain.
by Ged
Fri Aug 14, 2015 9:57 pm
Forum: Personal Consumer Issues
Topic: Can a bill dispute ruin our credit?
Replies: 30
Views: 2676

Re: Can a bill dispute ruin our credit?

Did you sign a contract that said this?
by Ged
Fri Aug 14, 2015 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Selling older home with old knob and tube wiring
Replies: 39
Views: 5041

Re: Selling older home with old knob and tube wiring

That does not make sense. There are hundreds of thousands, probably millions, of houses still using knob and tube. Historically there are many billions of house years of experience. If insurance companies can't price this they can't price anything. The explanation is simple. Mega corps don't keep e...
by Ged
Wed Aug 12, 2015 5:15 pm
Forum: Personal Consumer Issues
Topic: Windows 10 - Calendar does not pop up
Replies: 14
Views: 1740

Re: Windows 10 - Calendar does not pop up

Try right clicking on it. This should give you access to various settings.
by Ged
Tue Aug 11, 2015 9:16 am
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2397

Re: The line between Active vs Passive in blurring: When does chasing risk factors end?

Taylor Larimore wrote:AndroAsc:

You have the "Levels" backward.
Albert Einstein: "The five ascending levels of intellect are: smart, intelligent, brilliant, genius, simple."

Best wishes.
Taylor


Sensei ni rei.
by Ged
Mon Aug 10, 2015 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Convert to Roth if you have a lot to convert?
Replies: 15
Views: 1174

Re: Convert to Roth if you have a lot to convert?

You should definitely fill the 15% bracket and going over a bit won't be harmful. There is still something to be gained even in the 25% bracket because you may reduce your SS taxation. But the benefit is nowhere as big as the 15% bracket. However you should keep in mind that in much later life you m...
by Ged
Mon Aug 10, 2015 4:58 pm
Forum: Investing - Theory, News & General
Topic: Is this time different?
Replies: 42
Views: 4165

Re: Is this time different?

No, it is not different. The fact that you are asking this question is proof that it isn't different.

The thing you have to watch out for is when people start answering 'YES'.
by Ged
Mon Aug 10, 2015 12:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard adding alpha
Replies: 6
Views: 623

Re: Vanguard adding alpha

Tanelorn wrote:A decent advisor would be well worth 1% to most people, despite what the advisor-hating crowd around here might say.


Most advisers are not decent and most people can't tell the difference.
by Ged
Sun Aug 09, 2015 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for a new physician
Replies: 9
Views: 1019

Re: Asset allocation for a new physician

I disagree with bonds in tax-deferred. I'm with the growing group who think bonds in tax-protected, particularly in ROTHs will almost certainly be a long term loser, particularly in the current environment. The problem with equities in tax deferred accounts is that you lose the capital gains tax br...
by Ged
Sun Aug 09, 2015 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard fees for holding individual stocks
Replies: 22
Views: 1532

Re: Vanguard fees for holding individual stocks

It's a waste of time and money to try to outguess the market.
by Ged
Sun Aug 09, 2015 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Giving Financial Advisor Benefit of Doubt or Pull the Plug
Replies: 26
Views: 2796

Re: Giving Financial Advisor Benefit of Doubt or Pull the Plug

There is no doubt. Terminate with extreme prejudice.
by Ged
Sun Aug 09, 2015 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B Supplement - Down to Few Options
Replies: 30
Views: 2050

Re: Medicare Part B Supplement - Down to Few Options

You might also want to contact your SHIP representative. http://www.seniorsresourceguide.com/directories/National/SHIP/ Florida SHIP Website: http://www.floridashine.org Phone: 800-963-5337 Program Name: SHINE (Serving Health Insurance Needs of Elders) About: SHINE is Florida’s state health insuranc...
by Ged
Sun Aug 09, 2015 3:36 pm
Forum: Investing - Theory, News & General
Topic: Berkshire and Precision Castparts
Replies: 13
Views: 915

Re: Berkshire and Precision Castparts

spectec wrote:Are you all saying that the entire market is a zero sum game, minmus transaction costs?

H-m-m, seems as though I've read that somewher before...


Let us know where you read that so we can avoid going there.
by Ged
Sun Aug 09, 2015 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Got laid off last Friday
Replies: 53
Views: 8823

Re: Got laid off last Friday

First thank you. There are jobs in my field but they won't pay as much as my old job. I will need to work my way up again. I will work 1 full time job and 1 part time job. I should be able to bring home $3200 a month after taxes. If we don't pay off the mortgage loan, we will have $700 left after e...
by Ged
Sun Aug 09, 2015 8:04 am
Forum: Personal Consumer Issues
Topic: Verizon Killing off 2-Year Contracts & Phone Subsidies
Replies: 129
Views: 11674

Re: Verizon Killing off 2-Year Contracts & Phone Subsidies

The problem is that in order to keep your phone eligible for support, you have to upgrade to the latest iOS. Apple is not stupid - they make the latest iOS optimized for the latest phone and the older phones become overburdened. My iPhone 4S is a real chore to use compared to my iPhone 6. Ideally, ...
by Ged
Sat Aug 08, 2015 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: I think i've won ?
Replies: 34
Views: 6007

Re: I think i've won ?

You are probably paying through the nose for the expenses in that 401K plan. I would be looking to roll out of that ASAP. In your boat I'd be looking for a three fund portfolio of 50% equities and 50% bonds. In the equities I'd be doing 75% US and 25% foreign.
by Ged
Sat Aug 08, 2015 12:11 pm
Forum: Personal Consumer Issues
Topic: Verizon Killing off 2-Year Contracts & Phone Subsidies
Replies: 129
Views: 11674

Re: Verizon Killing off 2-Year Contracts & Phone Subsidies

Unless you have a phone service with zero or no data plan, you pay for the smart phone service every month. So, the question here is do you use the service on There is a whole universe of plans out there some of which offer voice and data and definitely DON'T require that you pay on a monthly basis...
by Ged
Sat Aug 08, 2015 8:57 am
Forum: Personal Consumer Issues
Topic: Verizon Killing off 2-Year Contracts & Phone Subsidies
Replies: 129
Views: 11674

Re: Verizon Killing off 2-Year Contracts & Phone Subsidies

Why is "no more phone subsidies" good news? Because the current system forces you to pay for a new phone even if you don't want or need one. Sorry you lost me at if you don't want a new phone. LOL. I guess some of us are more resistant to Apple's marketing. Personally I find it inexplicab...
by Ged
Sat Aug 08, 2015 8:11 am
Forum: Personal Consumer Issues
Topic: Verizon Killing off 2-Year Contracts & Phone Subsidies
Replies: 129
Views: 11674

Re: Verizon Killing off 2-Year Contracts & Phone Subsidies

AllenSmith wrote:Why is "no more phone subsidies" good news?


Because the current system forces you to pay for a new phone even if you don't want or need one.
by Ged
Thu Aug 06, 2015 7:30 pm
Forum: Investing - Theory, News & General
Topic: So do the uber wealthy invest money the same way we do?
Replies: 95
Views: 10217

Re: So do the uber wealthy invest money the same way we do?

Patzer wrote:Even at 500K, you are right in that a billionaire could easily hire a few people to manage the money and follow an index at a lower cost than Vanguard.


I suspect Vanguard might offer better terms for those walking in the door with 10+ figures.
by Ged
Thu Aug 06, 2015 8:54 am
Forum: Investing - Theory, News & General
Topic: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios
Replies: 119
Views: 10840

Re: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios

Not keen on buying more annuities. Between Social Security and pensions I already am up to my ying yang in what are essentially annuities.

The only argument I see being worth while in this is that fixed income allocation should factor in annuity ownership.
by Ged
Wed Aug 05, 2015 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Have you ever encountered hostility because people think you're "rich"?
Replies: 71
Views: 5538

Re: Have you ever encountered hostility because people think you're "rich"?

No, but for these reasons: 1. I'm not really rich. More like 'very comfortable'. 2. I don't advertise my wealth. 3. Mostly I socialize with neighbors who are in similar socio-economic strata. I do have some personal dislikes of some behaviors of really rich people. Comments from rich folks advocatin...
by Ged
Wed Aug 05, 2015 11:36 am
Forum: Personal Consumer Issues
Topic: Comcast wants me to buy a new modem (I think)
Replies: 53
Views: 2841

Re: Comcast wants me to buy a new modem (I think)

Comcast charges $10/mo to rent. I got a good DOCSIS 3.0 for $70 over 2 years ago, so I am ahead. Modems last a long time. +1. I would never rent a modem from the cable company. It's a losing deal financially plus you may end up with devices that suck on your wifi bandwidth in various ways, and you ...
by Ged
Tue Aug 04, 2015 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting For 2016 Medicare Part B Increase
Replies: 63
Views: 4454

Re: Budgeting For 2016 Medicare Part B Increase

My sense is that the article is likely right, not wrong. Except that it is highly speculative. There are a lot of things that could happen before this increase happens - actions from Congress to adjust the law governing this situation and various actions by the Administrator. Also it is worth notin...
by Ged
Sun Aug 02, 2015 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Zerohedge
Replies: 13
Views: 1535

Re: Zerohedge

Just curious to know if Bogleheads read/follow this blog http://www.zerohedge.com I followed it for a while circa 2009. Came to the conclusion that it is the Drudge Report of financial blogs and stopped wasting my time on it. A clue is their constant references to shadowstats, which is complete tra...
by Ged
Thu Jul 30, 2015 8:01 pm
Forum: Personal Consumer Issues
Topic: Router Upgrade
Replies: 42
Views: 2992

Re: Router Upgrade

I have an Asus AC-66R. I find the software excellent. One thing to keep in mind is that if the router comes with technologies not supported by your devices you may not be able to take full advantage of your purchase. I've been able to get 100 Mbps down with AC-66R. My WAN connection often gets 130 M...
by Ged
Thu Jul 30, 2015 7:45 pm
Forum: Investing - Theory, News & General
Topic: US Labor Productivity
Replies: 7
Views: 607

Re: US Labor Productivity

I wonder how much of this has to do with the retirement of a very large cohort of experienced workers (boomers) to be replaced by an even larger cohort of inexperienced workers (millennials).
by Ged
Thu Jul 30, 2015 6:01 pm
Forum: Personal Consumer Issues
Topic: So you think 2-factor authentication is safe? Think again.
Replies: 14
Views: 2840

Re: So you think 2-factor authentication is safe? Think again.

Broadcast your key out to the world using an insecure channel and you are subject to being hacked.
by Ged
Thu Jul 30, 2015 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice please on high tax bracket, high taxable portfolio structure!
Replies: 13
Views: 1142

Re: Need advice please on high tax bracket, high taxable portfolio structure!

Given the questionable value of a small tilt in the first place I would not bother with this in my AA given your tax situation.
by Ged
Wed Jul 29, 2015 6:01 pm
Forum: Investing - Theory, News & General
Topic: A look at gold and Peter Schiff's forecasts
Replies: 15
Views: 2044

Re: A look at gold and Peter Schiff's forecasts

Peter Schiff is a broken clock. Same wrong prediction 98% of the time.
by Ged
Tue Jul 28, 2015 8:54 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 329
Views: 29467

Re: Free Windows 10 Upgrade, Yes or No?

Refurb macs with full warranty are even cheaper yet, starting at just over $400: http://www.apple.com/shop/browse/home/specialdeals/mac There's really hardly any reason to stick with Windows. Been there, done that. I was an early Mac adopter and decided Apple's closed proprietary ways were too rest...
by Ged
Tue Jul 28, 2015 8:16 pm
Forum: Personal Consumer Issues
Topic: Fed UP With Fed Ex
Replies: 23
Views: 1925

Re: Fed UP With Fed Ex

Is this FedEx Ground or "real" FedEx? Just curious. Yes, FedEx air is generally much better, but cat food isn't going to be cost effective when shipped by air. My understanding is that FedEx Ground is really a network of independent contractors, and as such is subject to a lot of variatio...
by Ged
Mon Jul 27, 2015 9:29 am
Forum: Investing - Help with Personal Investments
Topic: What advice would you give...Salary bumping up from 37k to 45k annually
Replies: 15
Views: 1474

Re: What advice would you give...Salary bumping up from 37k to 45k annually

Congratulations, that's a big raise. Advice, in order of priority. Don't increase your day to day budget. Build a 6 month expenses emergency fund. Pay off any installment debt. Max out your 401K contribution up to any company match. Max out your ROTH IRA Max out your 401K I don't know what to say ab...
by Ged
Mon Jul 27, 2015 8:51 am
Forum: Personal Consumer Issues
Topic: Low mileage oil change
Replies: 37
Views: 4095

Re: Low mileage oil change

sport wrote:My trusted mechanic and my owner's manual say every 6 months if you don't reach the mileage requirement. For cars that use synthetic oil, its every 12 months.


This is the method I use too.
by Ged
Sun Jul 26, 2015 8:07 pm
Forum: Personal Consumer Issues
Topic: Durability of consumer goods
Replies: 44
Views: 2819

Re: Durability of consumer goods

For many of the large ticket items on this list like cars I like to see at least 15 years.
by Ged
Sun Jul 26, 2015 4:13 pm
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 196
Views: 13798

Re: Would you look down on a co-worker for driving a beater?

I did once. The circumstances were that we were both at the same senior engineering level in the same Megacorp location, and often had to travel together. He was driving a patched together beater that was at the point where the floorboards were rotted out and you could see the road going by through ...
by Ged
Sun Jul 26, 2015 2:24 pm
Forum: Personal Consumer Issues
Topic: DIY auto air conditioner recharge
Replies: 22
Views: 1927

Re: DIY auto air conditioner recharge

Well, if you are going to correct someone, you should be correct yourself. So I will nitpick a little myself. Yes, Freon is a registered trademark used by DuPont for a large number of refrigerants. The two most common are R-12 previously used for automotive purposes and R-22 for stationary (home) A...
by Ged
Sun Jul 26, 2015 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Harvest Savings Bonds or Proceed to Tax-deferred
Replies: 5
Views: 489

Re: Harvest Savings Bonds or Proceed to Tax-deferred

I would take out from accounts subject to RMD requirements first so that when you hit 70.5 you won't get pushed into higher taxation by having to take money out of these accounts any more than necessary.
by Ged
Fri Jul 24, 2015 4:30 pm
Forum: Personal Consumer Issues
Topic: Home Warranty company wrongfully denying claim
Replies: 17
Views: 1793

Re: Home Warranty company wrongfully denying claim

I would complain to the BBB and the State Attorney General where the company is located.

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