Search found 3917 matches

by Sheepdog
Thu Aug 27, 2015 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Paying for a big ticket item on retirement?
Replies: 22
Views: 3101

Re: Paying for a big ticket item on retirement?

In retirement, I keep funds available in a "safe" account to pay all of my expenses, including big ticket items. (My largest big ticket item in my 17 years retired was $30,500.) That account is presently in Vanguard's short term investment grade bond fund, VFSUX, with check writing capabil...
by Sheepdog
Tue Aug 25, 2015 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Minimizing taxes in retirement
Replies: 6
Views: 994

Re: Minimizing taxes in retirement

This is a recent thread. http://www.bogleheads.org/forum/viewtop ... 1&t=171688

You may also receive some advice on this Tax Considerations Wiki https://www.bogleheads.org/wiki/Categor ... iderations
by Sheepdog
Mon Aug 24, 2015 8:13 am
Forum: Investing - Help with Personal Investments
Topic: What to do now with market crash?
Replies: 56
Views: 7578

Re: What to do now with market crash?

For someone just starting out I'd suggest reading William Bernstein's "If You Can". It's written by a very well respected author, it's only 16 pages long and it's specifically written for people in their early 20's. Best of all it's available for free here http://www.etf.com/docs/IfYouCan...
by Sheepdog
Mon Aug 24, 2015 7:36 am
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 8660

Re: How long will you"Stay the Course"?

From John Merrill, "Outperforming the Market". Mr. Merrill's excellent book has a table showing that a diversified portfolio of stocks, bonds, and cash, and held for approximately five years, would have enabled an investor to survive and eventually prosper during the worst bear market of a...
by Sheepdog
Sun Aug 23, 2015 1:33 pm
Forum: Personal Consumer Issues
Topic: Ways to reduce basement humidity
Replies: 20
Views: 1763

Re: Ways to reduce basement humidity

Google "Basement humidity control". You will find some good advice. Here is a good one from the Univ. of Minnesota http://www.extension.umn.edu/environmen ... solutions/
by Sheepdog
Sun Aug 23, 2015 1:23 pm
Forum: Investing - Theory, News & General
Topic: Where are you in the cycle of market emotions?
Replies: 63
Views: 5518

Re: Where are you in the cycle of market emotions?

What is happening today with this market is minor in the history of the market and especially in my lifetime. I am retired, living off of my investments and SS exclusively, and I am relaxed. My allocation and withdrawal plans were decided at retirement 17 years ago and was tweeked slightly during th...
by Sheepdog
Sat Aug 22, 2015 11:32 am
Forum: Investing - Theory, News & General
Topic: A warning on RBDs [Really Bad Days]
Replies: 46
Views: 6810

Re: A warning on RBDs

I don't have the data to prove this statement, but have read it many times in my life. The market seldom hits the bottom on a Friday, so expect a drop again on the Monday following a Friday major drop. Will that happen again this Monday? Anyway, for me personally, I don't give a darn one way or the ...
by Sheepdog
Fri Aug 21, 2015 10:39 am
Forum: Investing - Theory, News & General
Topic: anyone treating this as an RBD (really bad day)
Replies: 95
Views: 10145

Re: anyone treating this as an RBD (really bad day)

Well, it appears that the bond market is up again today (30 year treasury interest rates down).
by Sheepdog
Thu Aug 20, 2015 3:29 pm
Forum: Investing - Theory, News & General
Topic: anyone treating this as an RBD (really bad day)
Replies: 95
Views: 10145

Re: anyone treating this as an RBD (really bad day)

This is no where near a really bad day. The Dow is only down 2%. It's a RBD only if the market drops 20% or more in one day. Other than that, it's a RGD, a really good day to be alive to see another day.
by Sheepdog
Wed Aug 19, 2015 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Hold on to pension or take one time lump sum
Replies: 7
Views: 677

Re: Hold on to pension or take one time lump sum

I went to Immediateannuities.com. To see what an immediate annuity could be purchased today for $26,580 for a male aged 46 to start paying in 20 years (not quite age 65). The annuity would pay $346 a month at that time. If the male had a spouse of the same age, the joint annuity would pay $291 a mon...
by Sheepdog
Mon Aug 17, 2015 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Cash in the house
Replies: 80
Views: 6607

Re: Cash in the house

I keep $500 in "disaster cash" in an envelope in my gun safe. It is even labeled as such. I live in an earthquake zone and there are quite often tornadoes and ice storms to contend with. There have been several times when there has been no power at all for up to a week and we were lucky a...
by Sheepdog
Mon Aug 17, 2015 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else impatient with their car payments?
Replies: 58
Views: 4767

Re: Anyone else impatient with their car payments?

Yes, I was impatient, so much so that I decided to never buy anything with time payments again (except for my home). That's when I started saving and short term investing especially for my next paid-in-cash auto purchase, or whatever it was to be. I decided that I would rather pay myself the interes...
by Sheepdog
Sun Aug 16, 2015 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Strategies in 2nd Year of Retirement?
Replies: 26
Views: 3100

Re: Tax Strategies in 2nd Year of Retirement?

Wow thanks for sharing Sheepdog. I'm newly retired and now realize I'm not anywhere near up to speed on the tax strategies needed to protect my assets from the taxman. Are you self taught and any recommendations for further reading on the subject? I was definitely self taught from what I could pick...
by Sheepdog
Sun Aug 16, 2015 4:42 am
Forum: Investing - Help with Personal Investments
Topic: Tax Strategies in 2nd Year of Retirement?
Replies: 26
Views: 3100

Re: Tax Strategies in 2nd Year of Retirement?

Blueblock, this has been my successful in-retirement tax strategy since retirement which you may obtain some ideas: For us, the conversion to Roths and the reduction in taxable investments during early retirement was the key to low taxes and increased spendable income in retirement. My invested savi...
by Sheepdog
Fri Aug 14, 2015 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 6565

Re: Your First Job

Mowed lawns every summer with a push reel mower beginning at age 12(1945). Delivered and sold Florida Times Union (Jacksonville, FL) newspapers at from age 13 thru 17 as an independent contractor beginning at 5 am starting in 1946. I started with 75 customers and ended in 1951 with 150 customers all...
by Sheepdog
Thu Aug 13, 2015 11:37 pm
Forum: Personal Consumer Issues
Topic: Is Anybody Here An Ornithologist?
Replies: 29
Views: 2139

Re: Is Anybody Here An Ornithologist?

Check out the Merlin Bird ID app from the Cornell Lab of Ornithology. Handy tool for identifying birds where ever you happen to be (in US). http://merlin.allaboutbirds.org/. Just the other day it helped me ID a green heron at the local pond. First time I'd ever seen one. I've gotten used to listeni...
by Sheepdog
Mon Aug 03, 2015 3:06 pm
Forum: Personal Consumer Issues
Topic: Seniors must have items
Replies: 17
Views: 2421

Re: Seniors must have items

72 is a youngster to me, but even at 82, I still like the same things as in earlier years. We are all different and have different hobbies, likes and dislikes, but here are some of mine. I still like newer power and hand tools (I try to do all house maintenance.) If it wasn't given to me as a gift a...
by Sheepdog
Mon Aug 03, 2015 2:16 am
Forum: Investing - Theory, News & General
Topic: [How often do you check on your investments?]
Replies: 43
Views: 2157

Re: [How often do you check on your investments?]

Daily on investment accounts, daily on credit card accounts, daily on checking accounts, daily on everything as I update my Microsoft Money income and spending records.
by Sheepdog
Sat Aug 01, 2015 11:12 am
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 201
Views: 13909

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

Our (2 adults) grocery and restaurant spending 1/1/2015 thru 7/31/2015 versus the same period in 2014 *Groceries $435/month 2015 versus $398/month 2014 (+9.2%) Restaurants $369/month 2015 versus $338/month 2014 (+9.2%) *Note that "groceries" include household goods, not just food. They are...
by Sheepdog
Fri Jul 31, 2015 10:59 pm
Forum: Personal Consumer Issues
Topic: Retirees: Questions you hate being asked
Replies: 117
Views: 11231

Re: Retirees: Questions you hate being asked

I don't believe I have ever had a retirement question which bothered me. Some retirees or stockbroker and banker friends get irritated with me, however, in that they no longer ask how I am doing in living off of my investments and SS because I have no complaints and don't need any adviser advice. :P
by Sheepdog
Wed Jul 29, 2015 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: Social Security and Expenses
Replies: 61
Views: 3783

Re: Retirees: Social Security and Expenses

In 2014, our Social Security covered 43% of all spending. That is not just living expenses, but all spending including donations, gifts and similar.
by Sheepdog
Mon Jul 27, 2015 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: How long until a $10,000 loss matters?
Replies: 39
Views: 3441

Re: How long until a $10,000 loss matters?

A $10,000 loss would start bothering me if I had only $100,000.
by Sheepdog
Thu Jul 23, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Parent caught up in forex (vietnamese dong) scam... What should I do?
Replies: 50
Views: 7625

Re: Parent caught up in forex (vietnamese dong) scam... What should I do?

Forbes had an article of the scams in their 3/24/15 issue titled Retire on the Iraqi Dinar and Vietnamese Dong , written by Robert Laura http://www.forbes.com/sites/robertlaura/2015/03/24/retire-on-the-iraqi-dinar-and-vietnamese-dong/ In my opinion, they don’t fit anywhere! Let me reiterate that; th...
by Sheepdog
Thu Jul 23, 2015 10:06 am
Forum: Personal Consumer Issues
Topic: Is there a service that will email you with each credit card purchase?
Replies: 34
Views: 2142

Re: Is there a service that will email you with each credit card purchase?

I check my credit card accounts online almost daily to check activity for security and cc reward activity. They don't have to email me. I find it easy and very little time.
by Sheepdog
Sat Jul 18, 2015 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: A retiree's personal experience...
Replies: 39
Views: 8240

Re: A retiree's personal experience...

Good for you. Good for me, too, I guess. I am almost 82. I retired in late 1998 during a bull market, thankfully. I took SS at 65 and my wife at 62. I went through the 2000-02 and 2007-08 "crashes" and recovered okay. I have taken out an average of 4.52% a year My portfolio is up about 10%...
by Sheepdog
Sat Jul 18, 2015 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Put checking accounts in living revocable trusts?
Replies: 14
Views: 1162

Re: Put checking accounts in living revocable trusts?

When my wife and I funded our revocable trust, our lawyer firmly told us NOT to include the checking account. The reason was that access to the checking account by the survivor may not be immediately possible at our individual death. He suggested that we keep that as a joint account. All other asset...
by Sheepdog
Tue Jul 14, 2015 1:13 am
Forum: Personal Consumer Issues
Topic: Cost of Routine Dental Cleanings
Replies: 50
Views: 4323

Re: Cost of Routine Dental Cleanings

$104 this last May. The dentist has his own very nice office on a main street in this midwest town.
by Sheepdog
Thu Jul 09, 2015 9:09 pm
Forum: Personal Consumer Issues
Topic: What about the Ford Edge? [Revised for 2015 model]
Replies: 90
Views: 8454

Re: What about the Ford Edge?

I have a 2010 Ford Edge which has been a wonderful, trouble free car...never a major repair or any kind. It has never been in a shop beyond preventative maintenance. I drive it on the highway at just above legal speed limits and in city driving. However, this model, although similar looking, is some...
by Sheepdog
Mon Jun 29, 2015 11:26 am
Forum: Investing - Theory, News & General
Topic: dow futures down 200+ points
Replies: 84
Views: 9920

Re: dow futures down 200+ points

Well, it appears that the bond market will be up or at least the 30 year treasury yield is down 3.2% at present.
by Sheepdog
Sun Jun 28, 2015 11:01 pm
Forum: Investing - Theory, News & General
Topic: dow futures down 200+ points
Replies: 84
Views: 9920

Re: dow futures down 200+ points

g$$ wrote:down 1.1%?

yawn.

double yawn.
Good night.
by Sheepdog
Sun Jun 28, 2015 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: What's your net worth break down? What's ideal?
Replies: 44
Views: 6887

Re: What's your net worth break down? What's ideal?

What's ideal? Ideal for whom? We are too different. Anyway, this old guy, deep in retirement, has a breakdown of 15% home equity 29% Traditional IRA 28% Roth IRA 16% I Bonds 12% CDs and short term"cash" are my only "taxable" accounts. I left out other personal property as I don't...
by Sheepdog
Sat Jun 27, 2015 10:40 pm
Forum: Personal Consumer Issues
Topic: Is your home owner insurance going up 27% this year?
Replies: 35
Views: 3860

Re: Is your home owner insurance going up 27% this year?

Read this thread which I started a couple of months ago http://www.bogleheads.org/forum/viewtopic.php?f=2&t=162805. I had a similar insurance situation. My homeowner insurance went up 15.5% this year and 24.3% in 2014. However, you will see in that conversation that I could not find lower insura...
by Sheepdog
Thu Jun 25, 2015 5:06 pm
Forum: Personal Consumer Issues
Topic: Do you buy used cars like a Boglehead actually should?
Replies: 168
Views: 20147

Re: Do you buy used cars like a Boglehead actually should?

My wife and I each own a car. We used to buy new cars, but since 2000 we have only purchased used cars 2 years or less in age and less than 12,000 miles. We each have purchased cars every 8 years My wife is due in 2016 and I in 2019. They will again be used.
by Sheepdog
Wed Jun 24, 2015 11:08 pm
Forum: Investing - Theory, News & General
Topic: What ratio are you stocks/bonds and how old are you?
Replies: 278
Views: 28721

Re: What ratio are you stocks/bonds and how old are you?

Almost age 82. 23% stocks, 20% I bonds, 57% other bonds, cash and CDs. I went to a stock allocation of 100 minus my age when I reached 67, but I decided to not have a lower stock allocation than where I am at. I do not have a pension, but I did buy $100K worth of immediate annuities 3 years ago whic...
by Sheepdog
Tue Jun 23, 2015 5:53 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday to Mel [Lindauer]
Replies: 36
Views: 3019

Re: Happy Birthday to Mel [Lindauer]

Mel, Happy Birthday
Semper Fidelis
Jim
by Sheepdog
Mon Jun 22, 2015 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: What percent of your spending is "basic" and what percent is "discretionary"?
Replies: 42
Views: 4189

Re: What percent of your spending is "basic" and what percent is "discretionary"?

Retired couple Total spending in 2014 plus year to date 2015 (1/1/2014 to 6/22/2015) = $99,204 of which 48.7% was basic and 51.3% was discretionary which means that we could spend a lot less if we needed to yet still be living fairly okay, but not as nicely as we are fortunate to be able to do. I in...
by Sheepdog
Sat Jun 20, 2015 12:10 pm
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 14175

Re: The "4% Rule" revisited

As Taylor writes, don't make it difficult. His response is always correct. And, I have done much like he says since I retired 17 years ago. As many of you know, I planned on an average of 4.5% withdrawal each year and not adjust for inflation....have more, I can withdraw more....have less, I must tr...
by Sheepdog
Sat Jun 13, 2015 7:44 am
Forum: Investing - Theory, News & General
Topic: Parents are late to the game
Replies: 12
Views: 2075

Re: Parents are late to the game

It is not too late for your parents. My history may be an example. We had 2 children. They wouldn't have to pay their way to college. because we could afford to send them. The kids were more important to us than our retirement. We actually saved and invested relatively little until after they gradua...
by Sheepdog
Thu Jun 11, 2015 6:33 pm
Forum: Personal Consumer Issues
Topic: What do you do to relax just after returning from work
Replies: 59
Views: 6686

Re: What do you do to relax just after returning from work

I'm no longer employed, but when I did work and return from work, I would have a Manhattan and walk around my yard pruning my 75 roses plus my other flower gardens. That was not work. It was relaxing.
by Sheepdog
Thu Jun 11, 2015 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Amica Insurance
Replies: 30
Views: 3503

Re: Amica Insurance

Amica's rates were way to high (over 50% higher) for both homeowners and auto insurance when I asked for quotes this year. I have never made an auto claim in 62 years of driving or any homeowner's claim in 53 years of home ownership, so I go for the best rates from highly rated companies. My homeown...
by Sheepdog
Tue Jun 09, 2015 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Stingy Senior Citizens
Replies: 14
Views: 2177

Re: Stingy Senior Citizens

In Indiana, seniors are not exempt from paying for schools, but we do get a small discount on property taxes. Plus, many of us volunteer in local schools.
by Sheepdog
Tue Jun 09, 2015 2:09 am
Forum: Personal Consumer Issues
Topic: Boglehead flea treatment?
Replies: 39
Views: 2627

Re: Boglehead flea treatment?

I have a 16 year old indoor cat and had a wonderful dog until recently. We have not had any flea infestations in the house for a couple of decades. We use Advantage based on our vet recommendation years ago. He did not recommend Frontline, so we never used it.
by Sheepdog
Tue Jun 09, 2015 1:51 am
Forum: Personal Finance (Not Investing)
Topic: How to financially prepare to enjoy your best years?
Replies: 16
Views: 2721

Re: How to financially prepare to enjoy your best years?

I will be 82 in a couple of months. Don't over think what you will or will not be of do in retirement. You may be surprised. I had a heart attack at 64 a few months before I retired at 65. I assumed I would not be here too long. I am still here eighteen years later. I walk and exercise to keep being...
by Sheepdog
Sun Jun 07, 2015 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: What Percent Of Your Annual Expenses Are Property Taxes?
Replies: 101
Views: 7004

Re: What Percent Of Your Annual Expenses Are Property Taxes?

1.5% with senior discount. My expenses do include everything...taxes, charitable giving, entertainment...etc....everything..
by Sheepdog
Thu Jun 04, 2015 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Older Retirees
Replies: 9
Views: 1423

Re: Help with Older Retirees

I am close to their age (82) and my allocation is presently at 23% stock, however, I live off of these investments and SS. I do not have a pension, so I am careful. This allocation has been serving me well to supply our needs. However, if I had pensions such as they have and really don't need earnin...
by Sheepdog
Thu Jun 04, 2015 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Getting money out of an IRA
Replies: 6
Views: 804

Re: Getting money out of an IRA

He can certainly find a job not in his field, but a job which can make the payment necessary to save the home. Earn enough to make the payment. Don't let pride get in his way. Withdraw from IRA, if necessary. Taxes will be due. There is no way that I know of to get around that. Why is selling and mo...
by Sheepdog
Mon Jun 01, 2015 12:15 pm
Forum: Investing - Theory, News & General
Topic: "How to React When the Bear's Hibernation Ends"
Replies: 48
Views: 7702

Re: "How to React When the Bear's Hibernation Ends"

Thank you, Taylor. That is very true. I hope we all can when the time comes the next time. What did you do in 2000? 2008? Basically, I did follow my plans. I had just retired a the end of 1998 and 1999 was a banner investment year. My stock allocation was 55% at retirement and in 2000 I was startin...
by Sheepdog
Mon Jun 01, 2015 10:55 am
Forum: Investing - Theory, News & General
Topic: "How to React When the Bear's Hibernation Ends"
Replies: 48
Views: 7702

Re: "How to React When the Bear's Hibernation Ends"

Thank you, Taylor. His piece ends with In the midst of a six-year bull market, it is easy to talk about staying the course in the next bear market. It is a far greater challenge to stay the course when the market is actually down 25 percent and the financial media are forecasting the end of the worl...
by Sheepdog
Mon Jun 01, 2015 4:41 am
Forum: Personal Consumer Issues
Topic: good vacuum cleaner for up to $200?
Replies: 26
Views: 2344

Re: good vacuum cleaner for up to $200?

Kenmore Progressive 31069 ($200), a Consumer Reports bagged upright best buy. I bought this one last fall. It is great, especially for hard to pick up pet hair.

Go to advanced search