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by Raybo
Tue May 05, 2015 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Two questions about spouse and permanent disability
Replies: 13
Views: 1075

Re: Two questions about spouse and permanent disability

Browser wrote:Hello Raybo - Don't have an answer to your question, but wanted to express my concern for your wife. Hopefully it is not due to injury from biking which I know you do. Didn't know if she rode too.


Browser,

Thank you for your concern. My wife doesn't ride bicycles.
by Raybo
Mon May 04, 2015 2:29 am
Forum: Personal Finance (Not Investing)
Topic: Two questions about spouse and permanent disability
Replies: 13
Views: 1075

Two questions about spouse and permanent disability

I am 63. My wife, who is 55, just received permanent disability from Social Security. I have 2 questions. 1) since I am over 62, is it possible for me to file and get spousal benefits? 2) it is my understanding that people on permanent disability can access their IRAs without paying the 10% early wi...
by Raybo
Sat May 02, 2015 2:26 am
Forum: Investing - Theory, News & General
Topic: How to advise clients
Replies: 18
Views: 1652

Re: How to advise clients

If you add in portfolio rebalancing analysis every quarter, tax-loss harvesting monitoring,, IRA contribution reminders it does appear you will be doing more than just a set-it, forget-it portfolio. You could also become an insurance broker/salesperson for those people who actually need term insuran...
by Raybo
Mon Apr 27, 2015 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving our financial advisor over a period of months
Replies: 33
Views: 2417

Re: Leaving our financial advisor over a period of months

Why involve the planner at all? S/he will likely try to talk you out of this decision. After all, you are taking money directly out of his/her pocket. While it might go smoothly, you will likely have a few/several meetings where the planner tries to convince you not to move. For me, I would not both...
by Raybo
Mon Apr 27, 2015 12:04 pm
Forum: Personal Consumer Issues
Topic: Traveling light up to 2 weeks - ditch the laptop, use phone?
Replies: 53
Views: 3174

Re: Traveling light up to 2 weeks - ditch the laptop, use ph

I travel by bicycle so space and weight are major considerations. I have never taken a laptop with me. When phones became good enough to handle Internet needs, I took one and ditched the paper and pencil method of taking notes. Sending short emails was OK on the phone, but writing my daily journal e...
by Raybo
Mon Apr 27, 2015 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting: How do you do it in practice?
Replies: 40
Views: 2382

Re: Tax Loss Harvesting: How do you do it in practice?

I only invest in full market indexes. A quick look at the S&P 500 will tell me if my index is up or down. But, during 2008, I didn't need to look hard to see TLH opportunities. They were coming every day! There are time limits for selling and then buying back your original funds in order to qual...
by Raybo
Sat Apr 25, 2015 12:27 am
Forum: Personal Consumer Issues
Topic: Best touristy places to live in the world?
Replies: 36
Views: 4465

Re: Best touristy places to live in the world?

I like living in San Francisco. Volunteering at Alcatraz is like going to Disneyland on an island. Though, I could do without all the wobbly bike riders on the GG bridge. There aren't many tourists in my neighborhood.
by Raybo
Thu Apr 23, 2015 11:07 am
Forum: Personal Consumer Issues
Topic: 1 day in San Francisco, no car
Replies: 29
Views: 1436

Re: 1 day in San Francisco, no car

Check out the Barbary coast trail: http://en.m.wikipedia.org/wiki/Barbary_Coast_Trail
by Raybo
Mon Apr 06, 2015 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Might Go $4,000 AAPL
Replies: 68
Views: 5309

Re: Might Go $4,000 AAPL

I'm guessing pump and dump scheme here, though $4,000 won't move AAPL much ;-)
by Raybo
Mon Apr 06, 2015 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Family member asking for money
Replies: 141
Views: 13677

Re: Family member asking for money

I haven't read all the responses but I had a similar situation with a family member many years ago. I, too, got requests about once a year for money for various reasons. I didn't like to say no so I would send the mostly nominal amount. After while, I decided it was just an early Christmas present. ...
by Raybo
Sat Apr 04, 2015 6:39 pm
Forum: Personal Consumer Issues
Topic: The train from Oslo to Copenhagen? Copenhagen ideas?
Replies: 25
Views: 1573

The train from Oslo to Copenhagen? Copenhagen ideas?

My wife and I will be visiting a friend in Oslo in May. We have 3 days before we fly back to Heathrow. We will be visiting Bergen before going to Oslo. We are wondering what to do for the extra 3 days. After kicking around spending more time in Oslo, visiting Gothenburg, or going down to Copenhagen,...
by Raybo
Fri Apr 03, 2015 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Question about taxes on Social Security Disability payments
Replies: 3
Views: 332

Question about taxes on Social Security Disability payments

My wife has been declared permanently disabled by Social Security. She is under 62 years old. I have read conflicting information about the taxes due on these payments. One thing I read said that since these are payments from Social Security, they aren't taxable. Another thing I read said that since...
by Raybo
Fri Apr 03, 2015 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Earthquake coverage in CA
Replies: 20
Views: 1104

Re: Earthquake coverage in CA

I was considering it seriously as my house is paid for and it would be a financial burden to rebuild it.

I got my house insurance bill the other day. The house insurance was $1800. The earthquake insurance was $2500.

I decided to continue to self-insure.
by Raybo
Thu Apr 02, 2015 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How does home office tax deduction work?
Replies: 14
Views: 1292

Re: How does home office tax deduction work?

Be certain you understand documentation and retention requirements both to take the deduction and to appropriately adjust basis if/when you sell. With a much smaller "home office" I determined that documentation (especially related to depreciation and basis adjustment) was prohibitive sin...
by Raybo
Wed Apr 01, 2015 4:00 pm
Forum: Investing - Theory, News & General
Topic: If you need a laugh today...
Replies: 7
Views: 1522

Re: If you need a laugh today...

What would Hindenburg say?
by Raybo
Sat Mar 28, 2015 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a decent withdrawal strategy?
Replies: 17
Views: 1771

Re: Is this a decent withdrawal strategy?

Sounds good to me.

It can be automated, if desired.

For me, I just take out money when I need it. So, he could establish a lower cash level and when the cash level hits the low point, take out another bit of cash. I prefer to do it myself.
by Raybo
Thu Mar 26, 2015 11:19 am
Forum: Investing - Help with Personal Investments
Topic: What would you do with 1.25 million dollars for 1 year?
Replies: 39
Views: 3675

Re: What would you do with 1.25 million dollars for 1 year?

You just sold a business where the TAX on the gain is $1,250,000 and you are worried about losing $12,500 in interest (minus taxes, of course) for the hassle to finding several safe places to hold the money, creating new accounts (I hope no one steals your identify in the process), monitoring the a...
by Raybo
Thu Mar 26, 2015 9:44 am
Forum: Investing - Help with Personal Investments
Topic: What would you do with 1.25 million dollars for 1 year?
Replies: 39
Views: 3675

Re: What would you do with 1.25 million dollars for 1 year?

You just sold a business where the TAX on the gain is $1,250,000 and you are worried about losing $12,500 in interest (minus taxes, of course) for the hassle to finding several safe places to hold the money, creating new accounts (I hope no one steals your identify in the process), monitoring the ac...
by Raybo
Mon Mar 23, 2015 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Why allocate to bonds if receiving a Government pension?
Replies: 3
Views: 572

Re: Why allocate to bonds if receiving a Government pension?

To me, you are confusing investing with paying expenses. If you have 40% of your retirement expenses paid for by a pension, then you have to find a way to cover the other 60% of your expenses. Since you are still working, you could create a portfolio of bonds that will pay the 60% of your post-retir...
by Raybo
Sat Mar 21, 2015 12:18 pm
Forum: Forum Issues and Administration
Topic: Need a new sub-forum for guns?
Replies: 25
Views: 2365

Re: Need a new sub-forum for guns?

I would agree that maybe we need a sub-forum for various consumer products. Cars and guns would be good examples. This would allow people looking for such advice to find all the previous threads in the same place without having to have all the information repeated.
by Raybo
Sat Mar 21, 2015 9:54 am
Forum: Forum Issues and Administration
Topic: Need a new sub-forum for guns?
Replies: 25
Views: 2365

Need a new sub-forum for guns?

It seems that we are getting more and more threads about guns.

Maybe it is time to have a separate sub-forum just to discuss guns.
by Raybo
Sat Mar 21, 2015 9:51 am
Forum: Personal Consumer Issues
Topic: Restaurant tipping
Replies: 200
Views: 12929

Re: Restaurant tipping

I find that I tip better at restaurants that I expect to go back to than those I'll only eat at once. My reasoning is that I want the wait-staff to remember me as a "good tipper." At those places I usually leave 20% or more. At places I'll only visit once, I base my tip on the quality of t...
by Raybo
Fri Mar 20, 2015 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Equity Indexed Annuities
Replies: 12
Views: 577

Re: Equity Indexed Annuities

Let me start by saying I don't know much about these investments, but here is what I think: Indexed Annuities are based on stock indexes, like the S&P 500. They guarantee no losses but severely limit the upside. You get the return of the index (no dividends) up to a maximum. If it goes down, you...
by Raybo
Fri Mar 13, 2015 9:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: 2015 Annual Conference Bogleheads Vegans & Vegetarians
Replies: 10
Views: 1144

Re: 2015 Annual Conference Bogleheads Vegans & Vegetarians

I am a vegetarian who is happy to eat vegan. But, I will have no transportation. So, I would like to be part of any outing(s).

I'll be staying at the hotel.
by Raybo
Fri Mar 13, 2015 1:12 pm
Forum: Investing - Theory, News & General
Topic: American Funds beats the market 97% of the time?
Replies: 50
Views: 5424

Re: American Funds beats the market 97% of the time?

I've now taken a closer look at the footnotes to the report you mention. In truth, American Funds don't invest against an index. Take their balanced fund, as an example. Here is the index used: American Balanced Fund (60% Standard & Poor’s 500 and 40% Barclays U.S. Aggregate indexes) Yet, its ap...
by Raybo
Fri Mar 13, 2015 12:57 pm
Forum: Investing - Theory, News & General
Topic: American Funds beats the market 97% of the time?
Replies: 50
Views: 5424

Re: American Funds beats the market 97% of the time?

The S&P 500 is the 500 largest public companies in the US. Comparing a fund's return to the S&P 500 is only applicable to funds that invest in similar companies. In addition, the "index" doesn't include dividends. Third, the S&P isn't the "entire" market. Thus, statin...
by Raybo
Thu Mar 12, 2015 9:56 am
Forum: Personal Consumer Issues
Topic: $600 night guard for teeth grinding, really?
Replies: 92
Views: 6261

Re: $600 night guard for teeth grinding, really?

Mine wanted $1000 for one. I asked on here and got advice to buy one at a pharmacy. The one I got ($50) uses boiling water to soften a gel that you then bite onto to form an impression of one row of teeth (upper ones for me). It takes a bit to get used to, but once I got used to it, I don't notice i...
by Raybo
Wed Mar 11, 2015 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: What are some common misconceptions found in this forum?
Replies: 209
Views: 18378

Re: What are some common misconceptions found in this forum?

That a $10 watch is as good as a $5,000 one.
by Raybo
Tue Mar 10, 2015 11:22 pm
Forum: Investing - Theory, News & General
Topic: 2015 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 70
Views: 10839

Re: 2015 BOGLEHEADS CONFERENCE ANNOUNCEMENT

I need a ride to the conference from somewhere near Princeton, NJ. Please PM me if you might be able to offer me one.
by Raybo
Tue Mar 10, 2015 4:50 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing into a black hole
Replies: 12
Views: 1342

Re: Rebalancing into a black hole

This is what it felt like I was doing in 2008-9. I kept selling bonds and buying stocks as the bottom fell out. It was hard to do it but I kept at it, watching as the money I put into stocks shrank day after day. At the bottom of the market, in early 2009, I had had enough and stopped rebalancing fr...
by Raybo
Wed Mar 04, 2015 1:01 pm
Forum: Personal Consumer Issues
Topic: New Homeowner Gift
Replies: 31
Views: 1842

Re: New Homeowner Gift

The best housewarming gift I got was a small plant in a very nice pot. The plant is now over 20 years old and it still reminds me of that first party in the new house.

The house has since been sold (topping my retirement funds to the SWR level) but I still have the plant.
by Raybo
Wed Mar 04, 2015 12:58 pm
Forum: Investing - Theory, News & General
Topic: Ulysses Contract
Replies: 12
Views: 1349

Re: Ulysses Contract

I wonder if Vanguard could implement a way for its customers to make it hard for themselves to sell under certain conditions. As an example, I could set-up my account so that if the market is down a set percentage, I couldn't sell over the internet, but had to do it via US Mail. Or, I could only sel...
by Raybo
Wed Feb 25, 2015 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement planning - Too soon for TIPS?
Replies: 25
Views: 2487

Re: Retirement planning - Too soon for TIPS?

I like the idea of matching my future liabilities with inflation-protected investments (IBonds or TIPS). I am already retired and have a good idea of the shortfall (expenses - SS) that I will have (assuming no major health expenditures) when I turn 70. For me, it is in the $20K/year area. Having IBo...
by Raybo
Tue Feb 24, 2015 7:54 pm
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 220
Views: 21504

Re: What are Costco's best deals?

Things we always buy at CostCo:

Frozen organic blueberries
Walnuts
Almonds
Tomatoes
Kiwis
by Raybo
Tue Feb 24, 2015 10:23 am
Forum: Investing - Theory, News & General
Topic: Recapturing gains due to TLH at the 0% level
Replies: 16
Views: 938

Re: Recapturing gains due to TLH at the 0% level

Tactics of capturing the tax loss. :?: Assuming the purpose of harvesting a tax gain now is to be able to take a tax loss later at some opportune time is it In my case, I've already harvested the loss and it has covered several years of capital gains and a $3000 Roth conversion. Those losses have b...
by Raybo
Mon Feb 23, 2015 8:30 pm
Forum: Personal Consumer Issues
Topic: How do you plan on spending your time during retirement?
Replies: 43
Views: 3325

Re: How do you plan on spending your time during retirement?

Mostly I tour around on my bicycle.

Generally, I am either planning a bike tour, riding my bike on tour, or writing up the journal of a recent tour. You can read all my journals here.

Currently, I am planning a tour of northern Italy. I leave April 7.
by Raybo
Mon Feb 23, 2015 8:01 pm
Forum: Investing - Theory, News & General
Topic: Recapturing gains due to TLH at the 0% level
Replies: 16
Views: 938

Re: Recapturing gains due to TLH at the 0% level

............................... Your state taxes might be different and you might own capital gains taxes to them. ........................... or worse...........in some states, you pay ordinary income rates for CGs. In California, CGs are taxed as ordinary income. There is no way to avoid this (I ...
by Raybo
Mon Feb 23, 2015 6:03 pm
Forum: Investing - Theory, News & General
Topic: Recapturing gains due to TLH at the 0% level
Replies: 16
Views: 938

Re: Recapturing gains due to TLH at the 0% level

Doc,

Neither of us are getting Social Security (she is too young, I am waiting to 70).

Powermega,

The was very helpful. Specifically, the advice about a) state taxes and b) deductions. I'll have to factor those in before December 31, 2015.
by Raybo
Mon Feb 23, 2015 5:47 pm
Forum: Investing - Theory, News & General
Topic: Recapturing gains due to TLH at the 0% level
Replies: 16
Views: 938

Recapturing gains due to TLH at the 0% level

I harvested serious tax losses during the 2007-8 bloodbath in the market and have been writing off all my capital gains (including sales of shares to fund retirement) since. That will come to an end in 2014. My wife will be retired in 2015 and we will be in the 0% capital gains tax bracket. It seems...
by Raybo
Sat Feb 21, 2015 11:35 pm
Forum: Investing - Theory, News & General
Topic: Best Use of TIPS Fund in Retirement
Replies: 17
Views: 1710

Re: Best Use of TIPS Fund in Retirement

What, exactly, are you trying to accomplish by buying a TIPS ladder?
by Raybo
Sat Feb 21, 2015 1:58 pm
Forum: Investing - Theory, News & General
Topic: Best Use of TIPS Fund in Retirement
Replies: 17
Views: 1710

Re: Best Use of TIPS Fund in Retirement

I have most of my TIPS investment in the Vanguard TIPS fund. I also hold IBonds and an individual TIPS (bought in 2008 when the market went a bit crazy). I would be happy to have a TIPS ladder to cover the estimated short-fall between my Social Security and expenses, which I estimate to be in the $2...
by Raybo
Wed Feb 18, 2015 12:20 pm
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 174
Views: 12125

Re: What is your favorite consumer product?

Green and Black 70% chocolate bar
Kirkland Organic Frozen Blueberries
by Raybo
Sun Feb 15, 2015 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Just no petroleum or defense?
Replies: 49
Views: 3151

Re: Just no petroleum or defense?

I wonder if Swedrowe's small cap value and Treasuries would work for you. i don't know how much small cap funds contain of oil and gas but, at least, it is a well-researched and recommended approach to investing. Another approach is to invest in broad indexes and then donate the return you get from ...
by Raybo
Fri Feb 06, 2015 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Advantages of working past your number
Replies: 53
Views: 4212

Re: Advantages of working past your number

Dying with more money.
by Raybo
Fri Feb 06, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Be wary of potential scam messages
Replies: 9
Views: 846

Re: Be wary of potential scam messages

Sometimes I have to send emails that might appear to be (or are marked as) spam, as I have to send programming code I've written for someone. I also send out emails with photo attachments and while on the road in foreign countries. Whenever I do, I always include something personal about the recipie...
by Raybo
Sun Feb 01, 2015 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: How to fire a client? [software ownership issues]
Replies: 69
Views: 5171

Re: How to fire a client?

Not the same thing as you state, but I used to give programming courses to corporations long ago. When I wanted to stop leading classes for my long-term (over 10 years) client, I found them another vendor and told them it would be better and cheaper to hire them to do the work I was doing. The hando...
by Raybo
Sun Feb 01, 2015 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Loan Terms -- Helping a friend going through Divorce?
Replies: 39
Views: 3599

Re: Loan Terms -- Helping a friend going through Divorce?

my goal is I think to steer the friend to realize there is a cost of this plan and that my timeline to be paid back is 1 year. Why are these your goals? Does you friend not understand that loans incur costs? Does your friend not understand that loans have to paid back? I understand that you don't w...
by Raybo
Sat Jan 31, 2015 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Filed your 2014 Federal Taxes yet?
Replies: 60
Views: 4346

Re: Filed your 2014 Federal Taxes yet?

My wife is a partner in an S-Corp and its taxes have to be done before we can do ours. We usually file close to April 15.
by Raybo
Fri Jan 30, 2015 10:34 am
Forum: Investing - Theory, News & General
Topic: The lowest stock allocation you plan to stay with
Replies: 79
Views: 4755

Re: The lowest stock allocation you plan to stay with

I have been retired since 2000 (not the best year to pull the plug) and had a 60/40 stock/bond allocation for most of that time. In 2008, I began selling bonds and buying stocks as the market tanked (the last of my losses are being written off this year!). At the very bottom of the market, I could n...
by Raybo
Thu Jan 29, 2015 11:06 am
Forum: Personal Consumer Issues
Topic: Save More or Travel More ?
Replies: 17
Views: 1711

Re: Save More or Travel More ?

My suggestion is to establish a travel budget in your yearly expense allocation that allows you to take your family on one or more trips a year and still allows you to meet your savings goals. Remember, the future is uncertain. Saving for an uncertain future by foregoing experiences in the present i...

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