Search found 174 matches

Return to advanced search

Re: What is your credit score?

Barclay Arrival Card gives you free FICO scores. Mine is 844 but it doesn't do me any good because I neither need nor want to borrow money.
by TravelforFun
Wed Mar 04, 2015 11:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: What is your credit score?
Replies: 54
Views: 2863

Re: Can I afford it?

No, you cannot afford it. Get your assets up above $2MM, then look again. In the meantime, it is a used Camry or Accord for you. When your portfolio gains $41,000 in one single day is the day that you can afford a $41,000 car. This must be a joke. You would have to have $125 million in investment i...
by TravelforFun
Mon Mar 02, 2015 7:37 pm
 
Forum: Personal Consumer Issues
Topic: Can I afford it?
Replies: 50
Views: 3888

Re: vanguard forfeited all my dividends and capital gains

So Vanguard closed the account because the OP is a non-resident alien. I wonder had the OP lost money, would Vanguard have returned the original amount to the OP and eaten the loss.
by TravelforFun
Mon Feb 16, 2015 7:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: vanguard forfeited all my dividends and capital gains
Replies: 17
Views: 3867

Re: Mental games

I speak one language at home, one language at work; keep up with friends on social media, keep up with the news, pay attention to our investment portfolio, make travel arrangements, and play three games on Chess.com daily. Soduku is getting boring.
by TravelforFun
Mon Feb 16, 2015 12:22 am
 
Forum: Personal Consumer Issues
Topic: Mental games
Replies: 32
Views: 2498

Re: Paperless Office?

This is what I have done: 1) Gotten a good quality multi-page scanner and scanned and filed all important documents 2) Downloaded and saved statements from financial firms, insurance companies, utility companies, etc... 3) Downloaded owners' manuals from manufacturers and thrown out hard copy manual...
by TravelforFun
Sun Feb 08, 2015 7:49 pm
 
Forum: Personal Consumer Issues
Topic: Paperless Office?
Replies: 55
Views: 3150

Re: How to make this fair: gifting to kids with different me

Our kids are all different. Two are more successful than the third one and we give them differently. So in this example, I would explain to A that we're so proud of his/her accomplishment and wish that B had been more accomplished but since he/she is not, we feel we would need to help him/her a litt...
by TravelforFun
Sat Feb 07, 2015 12:03 am
 
Forum: Personal Finance (Not Investing)
Topic: How to make this fair: gifting to kids with different means
Replies: 108
Views: 8903

Re: What was your costliest investment mistake?

Selling Apple and American Airlines too early.
by TravelforFun
Mon Jan 19, 2015 7:57 pm
 
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 119
Views: 9766

Re: places to stay in Paris and Nice

Nice, France and the entire region is awesome!
http://bocung.com/cote_dazur_2010.html
by TravelforFun
Sat Jan 10, 2015 8:09 pm
 
Forum: Personal Consumer Issues
Topic: places to stay in Paris and Nice
Replies: 10
Views: 1545

Re: Start a Roth IRA for Grandson

Aside from whether your plan gets past the IRS and you can find an IRA custodian, what's the end game for all of this? The end game is that if my grandson could contribute to his Roth every year for the next 55 years, the non-taxable withdrawals would be very sweet. And yes, Fidelity would allow hi...
by TravelforFun
Tue Jan 06, 2015 11:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2141

Re: Start a Roth IRA for Grandson

rkhusky wrote:You could even pay him the $3K/year and then gift him another $3K to put in the Roth IRA.

You can only put earned income into an IRA or a Roth IRA.
by TravelforFun
Tue Jan 06, 2015 1:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2141

Re: Start a Roth IRA for Grandson

Let me ask the other way around..... How would you convince the IRS auditor that a related child (with presumably no equipment of his own) been paid a professional level salary is not a tax dodge? If you believe that you can make a convincing argument then go for it. I don't understand this questio...
by TravelforFun
Mon Jan 05, 2015 11:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2141

Re: Start a Roth IRA for Grandson

I think it's legit as long as you pay him the market rate for his work - you can't pay him $50 per hour for yard work when professional landscapers are getting $10-15. The question is whether you'll have 200 hours of yard work for him to do (and whether he wants to do 200 hours of yardwork) Thanks ...
by TravelforFun
Mon Jan 05, 2015 11:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2141

Start a Roth IRA for Grandson

I want to open a Roth IRA for my 10-year-old grandson in 2015. I could hire him to do yard work and chores around the house and he could use the income to fund his Roth. I would pay him $3K per year and he would contribute to his Roth the maximum limit of $2K per year. Of course I would give him a F...
by TravelforFun
Mon Jan 05, 2015 11:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2141

Re: Roll Call for the Retirement Class of 2014!

Not counting those who don't list their ages, the average age for this retirement group is 60.06. This is really a young age to be out of the work force. I'm past 60 and hope to continue to work until I'm 70. Not because of financial reasons but because I love my job and the people I work with. Plus...
by TravelforFun
Tue Dec 30, 2014 9:04 am
 
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2014!
Replies: 279
Views: 29083

Re: Do you celebrate financial milestones?

We celebrated twice: First time when we made the two-comma club and the second time when we paid off our mortgage and became debt-free. We had worked very hard to achieve these goals and when we did, we took our kids, grandkids and a few relatives out to a nice steakhouse to celebrate. Working on ou...
by TravelforFun
Fri Dec 26, 2014 7:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you celebrate financial milestones?
Replies: 117
Views: 14408

Cooking Lessons

I need help! I have zero cooking experience and want to change that in 2015. I want to surprise my wife by becoming a cook... not just any cook, but one that can prepare french and italian dishes. As I mentioned, this will be a surprise so I can't use YouTube videos and practice at home. I could tak...
by TravelforFun
Sat Dec 20, 2014 9:34 am
 
Forum: Personal Consumer Issues
Topic: Cooking Lessons
Replies: 22
Views: 2193

Re: Gas Prices ($1.99) in North Texas

Don't be fooled by the low gas price and rush out and buy big SUVs or trucks. If you are in the market for a new vehicle, there are huge discounts on fuel - efficient cars right now.
by TravelforFun
Sat Dec 20, 2014 9:01 am
 
Forum: Personal Consumer Issues
Topic: Gas Prices ($1.99) in North Texas
Replies: 45
Views: 3132

Re: Gift to Yourself

Gave myself the best gift ever today. My wife and I walked into a Toys R Us today and paid off the layaway accounts of 6 people, who will receive phone calls telling them to come in and pick up their gifts, and even better, we paid off the account of a young woman who came in to pay her bill and pi...
by TravelforFun
Sat Dec 13, 2014 10:57 pm
 
Forum: Personal Consumer Issues
Topic: Gift to Yourself
Replies: 37
Views: 5232

Re: Roth versus Traditional Debate

Newcat, this is a major problem for people who have most of their assets tied up in tax - deferred accounts. Even after we retire, the RMD amounts will keep us in high tax brackets. Had I known what I know now, I would have invested just enough in 401K to get the employer's match and maxed out on Ro...
by TravelforFun
Wed Nov 26, 2014 1:24 pm
 
Forum: Investing - Theory, News & General
Topic: Roth versus Traditional Debate
Replies: 50
Views: 4676

Re: lock-up for 20 years [20 year CD]

I would not. 20 years is a long time to lock up money at 4% interest. Inflation will raise its ugly head again and it would not surprise me to see CD rates in double digit again. The only rate you should lock up is the low mortgage interest rate.
by TravelforFun
Wed Nov 19, 2014 7:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: lock-up for 20 years [20 year CD]
Replies: 21
Views: 2979

Re: How premium cable can cost $59K

Everybody is different. Some like to watch premium channels, some enjoy fine dining, some like to travel, some love to buy things. As long as we have a budget, spend less than what we make, save and invest the difference wisely, and get to do things we enjoy... To me, that's living.
by TravelforFun
Sat Nov 15, 2014 12:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: How premium cable can cost $59K
Replies: 45
Views: 6809

Re: Slingbox to "Wire" TV two floors away?

Are you an AT &T Uverse subscriber? I had the same problem then I got an AT&T Uverse wireless receiver and now can plug the receiver to any TV to watch any program. Watching sports is more fun with theTV set up in the yard while grilling.
by TravelforFun
Sat Nov 15, 2014 12:36 pm
 
Forum: Personal Consumer Issues
Topic: Slingbox to "Wire" TV two floors away?
Replies: 22
Views: 2422

Re: Bogleheads, tell me about your 40's?

I'm about a year away from turning 40. What did you learn, what do you wish you had done differently, or what do you wish you had known at 40? Did you have any "crisis" experiences? Let's hear it! I learned that my 40's were our toughest years and that our 50's were much better than 40's....
by TravelforFun
Sat Nov 15, 2014 12:43 am
 
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 103
Views: 20188

Re: Assisted Living

subham wrote:I took a LTC policy last year before prices hiked. Not sure if its a good idea financially.


It is if you want to protect your assets not unlike purchasing your homeowners insurance.
by TravelforFun
Wed Nov 12, 2014 8:48 pm
 
Forum: Personal Finance (Not Investing)
Topic: Assisted Living
Replies: 24
Views: 2304

Re: Transition from Saving to Spending

But when she dies, our kids have a tax problem. At best, they get to roll their shares into an "Inherited IRA" and take RMDs using my life expectancy (and without any step-up in basis). At worst, the estate has to liquidate the IRA and pay ordinary income tax on the whole thing, as laid o...
by TravelforFun
Wed Nov 12, 2014 8:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Transition from Saving to Spending
Replies: 37
Views: 5338

Re: Your car(s) are equal to how many months income

Bogleheads are cheap when it comes to cars, clothes, and watches.
by TravelforFun
Wed Nov 12, 2014 10:24 am
 
Forum: Personal Consumer Issues
Topic: Your car(s) are equal to how many months income
Replies: 93
Views: 6721

Re: Running contrary to the rule

Sounds like two separate investing philosophies...one set of rules for "those who have" and another set for the "average man". Lucky3 One size doesn't have to fit all. If you can live comfortably on pension and SS, no need to increase your bond or CD holding as you get closer to...
by TravelforFun
Mon Nov 10, 2014 3:03 pm
 
Forum: Investing - Theory, News & General
Topic: Running contrary to the rule
Replies: 8
Views: 622

Re: New Tony Robbins Book on Financial Freedom

wxz76 wrote:You're probably thinking about Kevin Trudeau.


Whatever happened to Kevin Trudeau? I was facinated with the expose ABC did on him a while back.
by TravelforFun
Sun Nov 02, 2014 8:44 pm
 
Forum: Investing - Theory, News & General
Topic: New Tony Robbins Book on Financial Freedom
Replies: 90
Views: 22147

Re: Bonds: Percentage or Absolute Dollar Amount

I plan on having enough bonds, cash and CDs (low risk investments) to cover 10 years of expenses when I retire, and since my planned safe withdrawal rate is 3%, 30% of my asset will be of the low risk investment kind on the date of my retirement. Then every year, I'll rebalance to maintain the 30%. ...
by TravelforFun
Sat Nov 01, 2014 1:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Bonds: Percentage or Absolute Dollar Amount
Replies: 11
Views: 592

Re: What are you up YTD?

80% equity. YTD up 18% partly due to a sale of American Airlines stock and buying Apple stock in August 2014.
by TravelforFun
Fri Oct 31, 2014 11:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: What are you up YTD?
Replies: 271
Views: 30293

Re: Do you dream about retirement?

bertilak wrote:I'm retired and dream about work!

Not retired yet but this is what I'm afraid because I love what I do.
by TravelforFun
Mon Oct 27, 2014 9:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you dream about retirement?
Replies: 91
Views: 7544

Re: "I've had it" at work - how often

I'm in engineering and construction and I can say my work today is as exciting and satisfying as it was when I began my career 38 years ago. I've had four employers. I stayed with the first three ten plus years each and am in my third year with the current employer. I think if you choose a field tha...
by TravelforFun
Sat Oct 18, 2014 9:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: "I've had it" at work - how often
Replies: 151
Views: 12964

Re: Is it possible to have a favorite movie

Most favorite: Godfather II. There are several close seconds.
by TravelforFun
Fri Oct 17, 2014 9:45 am
 
Forum: Personal Consumer Issues
Topic: Is it possible to have a favorite movie
Replies: 82
Views: 3413

Re: When people put all their eggs in the wrong basket

greg24 wrote:Unfortunately, greed has a large part in such an undertaking.

Agree! Stupidity didn't cause those people to put all their money in one stock. Greed did. The same greed that lures older folks to investment lunches and dinners.
by TravelforFun
Wed Oct 08, 2014 10:28 am
 
Forum: Investing - Theory, News & General
Topic: When people put all their eggs in the wrong basket
Replies: 233
Views: 31155

Re: Tell me about Paris

1- how safe is the city at late night for a family with kids trying to get to their hotel (using public transportation)? Are there specific areas that should be avoided? For our budget, we are looking at Clignancourt (just north west of Gare du l'Est and near Sacre Coeur) and Gallieni (Paris East -...
by TravelforFun
Mon Oct 06, 2014 11:13 pm
 
Forum: Personal Consumer Issues
Topic: Tell me about Paris
Replies: 65
Views: 4151

Re: Wife Expecting, Down to One Income Source

Any stories out there of moving to one income source and making it work! TB I wouldn't worry too much about it. I went through this three times and each time we became a one-income family for about two years. We survived by cutting back on unnecessary expenses and me picking up a part-time job here...
by TravelforFun
Mon Oct 06, 2014 11:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wife Expecting, Down to One Income Source
Replies: 116
Views: 9382

Re: Quantum of the Seas

investingdad wrote:We're planning a family cruise on Anthem of the Seas in 2015. Been awhile since we sailed, should be interesting. Let us know how the trip goes.

I will let you know since the Anthem is identical to the Quantum.
by TravelforFun
Wed Sep 17, 2014 11:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Quantum of the Seas
Replies: 2
Views: 825

Re: Which debt to tackle first?

I'd use Ramsey's baby steps and knock out smaller loans first regardless of interest rates to gain momentum. Cut back on spending and apply the extra money towards debts until you're debt-free except for the mortgage.
by TravelforFun
Wed Sep 17, 2014 10:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Which debt to tackle first?
Replies: 21
Views: 1273

Re: How much to self insure LTC and longevity? hypothetical

I would add LTC insurance premium (say $300 per month for the couple) to your monthly expense. Now you need to withdraw $3,800 ($6,300 - $2,500) per month from your investment to live on. I would multiply $3,800 x 12 months x 33.3 or $1.5 million. That would be the size of my investment. I would wit...
by TravelforFun
Tue Sep 16, 2014 12:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much to self insure LTC and longevity? hypothetical
Replies: 13
Views: 759

Re: Key to happintess in retirement.

I'm five years from retirement. I got all the keys covered except for No. 4. Still trying to figure out what I'll do with the extra 10-12 hours every day.
by TravelforFun
Tue Sep 16, 2014 9:28 am
 
Forum: Personal Finance (Not Investing)
Topic: Key to happiness in retirement
Replies: 36
Views: 3829

Re: Trip to Greece

Our trip bolg is here: http://bocung.com/going_to_greece.html I was thoroughly enchanted by your blog and will use it in the future. Not to be critical but the heading in Day 1 and Day 2, you have the year as 2004. Just thought you might like to know. Peterjens, thanks. I will fix it. Swampy, Greec...
by TravelforFun
Tue Sep 16, 2014 7:19 am
 
Forum: Personal Consumer Issues
Topic: Trip to Greece
Replies: 10
Views: 800

Trip to Greece

My wife and I and some friends went to Greece last month and had a great time. We spent 8 days visiting Athens, Mykonos, Patmos, Crete and Santorini and I would highly recommend a Greece vacation. Thanks for the bogleheads who gave us advice. Our trip bolg is here: http://bocung.com/going_to_greece....
by TravelforFun
Mon Sep 15, 2014 11:03 pm
 
Forum: Personal Consumer Issues
Topic: Trip to Greece
Replies: 10
Views: 800

Re: V6 or V8 engine for new Chrysler 300

Bogleheads should stick with Honda or Toyota! I got two.
by TravelforFun
Thu Sep 11, 2014 11:21 pm
 
Forum: Personal Consumer Issues
Topic: V6 or V8 engine for new Chrysler 300
Replies: 25
Views: 1936

Re: Cruise Around the World

minhnusa wrote:How do u manage ur bills while away from home?


This is so easy nowadays. I pay all my bills including utility bills and check my investments online. Round-the-world ships better have good WiFi.
by TravelforFun
Tue Sep 09, 2014 10:54 pm
 
Forum: Personal Consumer Issues
Topic: Cruise Around the World
Replies: 14
Views: 1558

Re: AAPL

I'm holding on to my AAPL stock. I will get the iPhone 6 Plus on September 19th and if I like it, I will continue to keep AAPL.
by TravelforFun
Tue Sep 09, 2014 10:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: AAPL
Replies: 209
Views: 45423

Re: How much life insurance do I need?

1. How much life insurance should we each have?. 25 to 30 times your take home income. If your gross salary is $50K and your take home pay is $30K a year, get a $750K to $900K policy. When you die, your wife would invest the money and and safely withdraw 3-4% per year to replace your take home inco...
by TravelforFun
Wed Sep 03, 2014 12:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much life insurance do I need?
Replies: 22
Views: 1834

Re: Savers vs. Spenders: Default Mode

Money's purpose (or telos, in the philosophical sense) is to be spent. I want to "enjoy" every dollar that I spend, because I use it to provide for my needs and to give me the pleasure of the things that I want. If I don't enjoy spending my money, then the money hasn't served its purpose....
by TravelforFun
Wed Aug 27, 2014 12:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Savers vs. Spenders: Default Mode
Replies: 34
Views: 2403

Re: What is your most memorable 1 week vacation?

TravelforFun wrote:Just got back from an eight-day trip to Mykonos and Santorini. I highly recommend it.

Highly Recommeded! http://bocung.com/going_to_greece.html
by TravelforFun
Sun Aug 24, 2014 11:07 pm
 
Forum: Personal Consumer Issues
Topic: What is your most memorable 1 week vacation?
Replies: 91
Views: 8378

Re: Retirement Fund Withdrawal and Term Life Insurance

To the OP--did you take action on that insurance plan? We are also considering this TIAA-CREF insurance policy as an alternative to CDs... We are probably doing 2MM in second to die policy as just short term holding vehicle for next 2-3 years depending on what happens with the Fed's rate. Have had ...
by TravelforFun
Sun Aug 24, 2014 8:13 am
 
Forum: Personal Finance (Not Investing)
Topic: Retirement Fund Withdrawal and Term Life Insurance
Replies: 11
Views: 1336

Re: Pay cash for flight on sale, or use FF mileage quandry

I use Barclay card and redeem points to pay for travel expenses. I earn at least 1 point for each dollar charged to my card. You can redeem points for cash back but you would get more value if you redeemed points to pay air fares or hotel bills. My points are easily worth 2 cents per point. No need ...
by TravelforFun
Sat Aug 23, 2014 1:01 pm
 
Forum: Personal Consumer Issues
Topic: Pay cash for flight on sale, or use FF mileage quandry
Replies: 30
Views: 2406
Next

Return to advanced search