Search found 200 matches

by TravelforFun
Mon Jun 29, 2015 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Social Security
Replies: 6
Views: 606

Rules of Social Security

I was reading an article on the rules of Social Security and it said one of the rules was: "29. If you choose to file and suspend in order to enable your spouse to collect a spousal benefit on your earnings record while you delay taking your benefit in order to collect a higher one later, make ...
by TravelforFun
Thu Jun 25, 2015 11:32 pm
Forum: Personal Consumer Issues
Topic: 2014 Lexus ES350
Replies: 37
Views: 3588

Re: 2014 Lexus ES350

I have a 2015 Lexus ES350 and absolutely love it! My other car is a 2010 Lexus RX350.
by TravelforFun
Sun Jun 14, 2015 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Chase bonus. Why?
Replies: 21
Views: 3208

Re: Chase bonus. Why?

You could get up to $2,500 from Fidelity if you opened an account with them right now. I frequently rotate money from place to place to get the bonus.
by TravelforFun
Wed Jun 10, 2015 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and Economic Outpatient Care for a Boglehead
Replies: 70
Views: 4571

Re: Inheritance and Economic Outpatient Care for a Boglehead

Minus 10%. Received no help but I'm now helping parents, kids, and grandkids.
by TravelforFun
Sat May 30, 2015 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Housing Market in SoCal
Replies: 55
Views: 5697

Re: Housing Market in SoCal

I would rather live in a shack in SD than a mcmansion in DFW OP - same, if not worse situation up here. We rent cheaply, enjoy our long weekends away from home and try to max our savings. When retirement comes we hope to rent for months throughout the world and find a cheap home base somewhere, but...
by TravelforFun
Mon May 11, 2015 1:41 pm
Forum: Personal Consumer Issues
Topic: New wall mount--Upgrade to new, lighter model TV?
Replies: 5
Views: 467

Re: New wall mount--Upgrade to new, lighter model TV?

They make supports that can suspend TVs from ceiling.
by TravelforFun
Sun May 03, 2015 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Retirement Options......
Replies: 15
Views: 1601

Re: Help with Retirement Options......

I would take Option 2 (lump sum) because: 1) Bird in the hand. Capture it now, 2) Your money would continue to grow since you only need to withdraw 2.5 % a year, 3) if you died early, your heirs would get to keep the lump summoney, 3) if you lived a long time, more time for your money to grow.
by TravelforFun
Thu Apr 30, 2015 10:46 am
Forum: Investing - Theory, News & General
Topic: Retirees - What would you have done differently?
Replies: 48
Views: 6820

Re: Retirees - What would you have done differently?

Borrow more money when there is/was an interest rate inversion. This is a highly speculative move but hugely rewarding if done with knowledge. :annoyed Agree! 25 years ago credit card companies were offering 12-18 month 0% interest cash advances left and right and I took advantage of several of tho...
by TravelforFun
Mon Apr 27, 2015 6:58 pm
Forum: Personal Consumer Issues
Topic: “Entry level” luxury cars under 40k
Replies: 99
Views: 10368

Re: “Entry level” luxury cars under 40k

Has anyone mentioned Lexus? We bought a brand new ES350 a couple of weeks ago and absolutely love it.
by TravelforFun
Wed Apr 01, 2015 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Financecruiser intro
Replies: 4
Views: 668

Re: Financecruiser intro

Financecruiser wrote: I managed to hit $100k net worth the month of my 27th bday last year. Awesome feeling, so I set huge target of $1M by 37. g

Increasing your net worth ten times within a span of 10 years is going to be a huge goal. Some of us are lucky to be able to double our net worth in 7 or 8 years.
by TravelforFun
Sat Mar 28, 2015 11:07 am
Forum: Personal Consumer Issues
Topic: Will you buy an Apple Watch?
Replies: 398
Views: 31077

Re: Will you buy an Apple Watch?

reneeh63 wrote:
...truth is that there have been numerous attempts to market and sell "smart watches" and they have not succeeded.

They will not succeed until the porn industry figures out how to use them. :idea:
by TravelforFun
Thu Mar 19, 2015 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance Premium Increase
Replies: 20
Views: 1585

Re: Long Term Care Insurance Premium Increase

Mitchell777 wrote:Does inflation adjusted mean the policy is $7K per month at purchase and the $7K is adjusted for inflation each year even though you are not yet using it? Thanks

My monthly benefit would be adjusted for inflation each year whether or not I am receiving the benefit payments.
by TravelforFun
Thu Mar 19, 2015 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance Premium Increase
Replies: 20
Views: 1585

Re: Long Term Care Insurance Premium Increase

island wrote:Who do you all purchase your insurance from, what's the company?

Unum through my previous employer.
by TravelforFun
Wed Mar 18, 2015 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance Premium Increase
Replies: 20
Views: 1585

Long Term Care Insurance Premium Increase

My LTC Insurance Company notified me today that they will increase my premium by 25% in May, 25% next May, and 20% in May 2017. Has anyone on this forum experienced such a sharp premium increase? We've been paying $250 a month for our policy which would cover LTC for both of us for 3 years at $7,000...
by TravelforFun
Mon Mar 16, 2015 11:21 pm
Forum: Personal Consumer Issues
Topic: One Level or Two Level House
Replies: 68
Views: 6406

Re: One Level or Two Level House

I have a two-story home and all the bedrooms are upstairs. Kitchen is downstairs but bedrooms and library are upstairs and that gives me a great way to exercise. I go up and down that stairs at least 30 times a day when I'm not at work. I may have a different opinion 20 years from now but for now, I...
by TravelforFun
Mon Mar 16, 2015 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Euro for Vacations?
Replies: 33
Views: 2862

Re: Buying Euro for Vacations?

jose wrote:
Pick a good debit card that charges no ATM or FX fees, and just go to the ATM. You can get about 600 eur per day, at interbank rate, no fees.

Which debit cards that charge no ATM nor transaction fees overseas?
by TravelforFun
Sun Mar 15, 2015 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 61
Views: 12772

Re: If I Knew Then What I Know Now

Mlelbuf, I posted your speech verbatim on my Facebook page and it has been shared or reposted several times. Great job!
by TravelforFun
Sun Mar 15, 2015 3:01 pm
Forum: Personal Consumer Issues
Topic: Cruise.Com Bait and Switch Tactics
Replies: 28
Views: 3201

Re: Cruise.Com Bait and Switch Tactics

I use Costco when I book cruises. Fair prices and GREAT customer service.
by TravelforFun
Fri Mar 13, 2015 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Euro for Vacations?
Replies: 33
Views: 2862

Re: Buying Euro for Vacations?

I just bought enough Euros for our next two trips. From where? Unless you're already in Europe and can simply withdraw excess cash from an ATM over several days prior to leaving, you're likely looking at forex fees that could wipe out the "discount". Yes, please tell me where. From my ban...
by TravelforFun
Fri Mar 13, 2015 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Euro for Vacations?
Replies: 33
Views: 2862

Re: Buying Euro for Vacations?

We go to Europe every couple of years. Last year we paid $1.25 for each Euro and now it's about $1.08. I just bought enough Euros for our next two trips.
by TravelforFun
Thu Mar 12, 2015 11:07 pm
Forum: Personal Consumer Issues
Topic: What won't you pay with Credit Card?
Replies: 77
Views: 9874

Re: What won't you pay with Credit Card?

I pay for everything with one of my two credit cards unless they charge a fee for using them. Amex for Costco stuff and Barclay Arrival for everything else. Love the Barclay one.
by TravelforFun
Sun Mar 08, 2015 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Loaning money to an only child
Replies: 17
Views: 1579

Re: Loaning money to an only child

We don't lend money to our kids. We would give them what we could but no loans and no cosignings. It all boils down to whether they are responsible with money or not. If they are responsible, they will get out of debt without anyone's help. If they're not, credit card balance will re-appear and they...
by TravelforFun
Sun Mar 08, 2015 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ article about boosting retirement income by approx. 30%
Replies: 8
Views: 1866

Re: WSJ article about boosting retirement income by approx.

So whenever we do sell, the profits (hopefully the $500k tax-free situation will still hold) will just go into the pot, for investment, a few laddered SPIA's and modest deferred annuities, and "income for living each year", in addition to SS (and part time consulting while interest and ab...
by TravelforFun
Sat Mar 07, 2015 12:30 am
Forum: Personal Finance (Not Investing)
Topic: When will / did you claim Social Security benefits?
Replies: 152
Views: 13637

Re: When will / did you claim Social Security benefits?

Nothing that can't be solved by a spreadsheet. Wife is 4 years younger than me, her SS benefit is less than 1/2 of mine, her family longevity is longer than mine, and we have sufficient investment to live on without relying on SS. Put all those factors into the spreadsheet and it spits out this stra...
by TravelforFun
Sat Mar 07, 2015 12:00 am
Forum: Investing - Help with Personal Investments
Topic: What is your credit score?
Replies: 63
Views: 7364

Re: What is your credit score?

dccboone wrote:A credit score is not a sign of wealth.

True but one's credit score can tell a lot about how financially responsible one is.
by TravelforFun
Fri Mar 06, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: 2 comma club (my way)!!
Replies: 49
Views: 8475

Re: 2 comma club (my way)!!

Congratulations to the OP and spouse! Took us 30 years to make the club on one income starting with nothing. No lottery winning nor inheritance along the way.
by TravelforFun
Wed Mar 04, 2015 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: What is your credit score?
Replies: 63
Views: 7364

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
Mon Mar 02, 2015 7:37 pm
Forum: Personal Consumer Issues
Topic: Can I afford it?
Replies: 59
Views: 6246

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 Feb 16, 2015 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: vanguard confiscated all my dividends and capital gains
Replies: 17
Views: 4145

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 12:22 am
Forum: Personal Consumer Issues
Topic: Mental games
Replies: 32
Views: 2858

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
Sun Feb 08, 2015 7:49 pm
Forum: Personal Consumer Issues
Topic: Paperless Office?
Replies: 55
Views: 3479

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
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: 9826

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
Mon Jan 19, 2015 7:57 pm
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 138
Views: 14921

Re: What was your costliest investment mistake?

Selling Apple and American Airlines too early.
by TravelforFun
Sat Jan 10, 2015 8:09 pm
Forum: Personal Consumer Issues
Topic: places to stay in Paris and Nice
Replies: 10
Views: 1625

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
Tue Jan 06, 2015 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2226

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 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2226

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
Mon Jan 05, 2015 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2226

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 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2226

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 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Start a Roth IRA for Grandson
Replies: 30
Views: 2226

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
Tue Dec 30, 2014 9:04 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2014!
Replies: 295
Views: 33955

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
Fri Dec 26, 2014 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you celebrate financial milestones?
Replies: 117
Views: 14695

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
Sat Dec 20, 2014 9:34 am
Forum: Personal Consumer Issues
Topic: Cooking Lessons
Replies: 22
Views: 2271

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 9:01 am
Forum: Personal Consumer Issues
Topic: Gas Prices ($1.99) in North Texas
Replies: 45
Views: 3223

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 13, 2014 10:57 pm
Forum: Personal Consumer Issues
Topic: Gift to Yourself
Replies: 37
Views: 5431

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
Wed Nov 26, 2014 1:24 pm
Forum: Investing - Theory, News & General
Topic: Roth versus Traditional Debate
Replies: 50
Views: 4964

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 19, 2014 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: lock-up for 20 years [20 year CD]
Replies: 21
Views: 3028

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
Sat Nov 15, 2014 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: How premium cable can cost $59K
Replies: 45
Views: 6911

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 12:36 pm
Forum: Personal Consumer Issues
Topic: Slingbox to "Wire" TV two floors away?
Replies: 22
Views: 2615

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 12:43 am
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 103
Views: 20601

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
Wed Nov 12, 2014 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Assisted Living
Replies: 24
Views: 2374

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.

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