Search found 880 matches

by bengal22
Thu Jul 02, 2015 7:16 pm
Forum: Personal Consumer Issues
Topic: Do you buy used cars like a Boglehead actually should?
Replies: 165
Views: 15398

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

I always thought we adhere to the Boglehead investing philosophy so we don't have to buy used cars.
by bengal22
Thu Jul 02, 2015 3:26 pm
Forum: Investing - Theory, News & General
Topic: 10 Year Anniversary
Replies: 2
Views: 408

Re: 10 Year Anniversary

I am coming up on my 30th year with Vanguard. Hoping for a watch.
by bengal22
Mon Jun 29, 2015 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: What happens when Admiral Shares drop below $50K?
Replies: 22
Views: 3150

Re: What happens when Admiral Shares drop below $50K?

I'm in a Vanguard fund with a $50K qualifier for Admiral Shares, which I had when I bought shares. Now that my fund balance has dropped below $50K because of losses, will I be kicked out of the Admiral Shares into the Investor Shares? No. I occasionally drop below 50K on certain funds(sometimes due...
by bengal22
Sun Jun 28, 2015 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Drawing from Retirement Savings to Delay SS
Replies: 43
Views: 4173

Re: Drawing from Retirement Savings to Delay SS

. How much of your retirement savings in percentages do you plan on depleting in order to fund your delay? Do not have a planned amount but my net worth is still going up with me pulling out about 2% 2. Are you currently delaying? yes 3. Will/does the performance of your portfolio change your saving...
by bengal22
Sat Jun 27, 2015 10:16 am
Forum: Forum Issues and Administration
Topic: Can we put up to vote if forum members want to see topics that are financial but related to politics
Replies: 22
Views: 1358

Re: Can we put up to vote if forum members want to see topics that are financial but related to politics

I would not like to open up forum to political issues. This forum is about investing, retiring, consuming, etc. See way to much political division on facebook and other social media.
by bengal22
Thu Jun 25, 2015 4:35 pm
Forum: Personal Consumer Issues
Topic: Electric Bicycles
Replies: 14
Views: 1378

Re: Electric Bicycles

I would definitely go cordless.
by bengal22
Tue Jun 23, 2015 11:19 am
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 217
Views: 19475

Re: What was the 2008 crash like in real time?

Being an investment forum, we always tend to focus on the "what happened to me" aspect of a deep recession. For me, I was lucky. While I lost my job through a forced retirement(treated great though with severance and pension), I got a better job and was able to invest heavily in the 2007-2...
by bengal22
Mon Jun 22, 2015 4:25 pm
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 56
Views: 6853

Re: Your Top 10 Books

Bible
Huckleberry Finn ...Twain
V...Pynchon
Catcher in the Rye...Salinger
Power and the Glory...Greene
Grapes of Wrath...Steinbeck
Dune Triology(first 3)....Herbert
Run Rabbit Run...Updike
Human Stain...Roth
Great Gatsby...Fitzgerald
by bengal22
Mon Jun 22, 2015 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: holding a mortgage in retirement
Replies: 14
Views: 1455

Re: holding a mortgage in retirement

I am retired and am keeping 15 year mortgage(3,25%). It is still tax deductible for me and based on past performance of stocks/bonds I think I can do better not using investments to pay it off(call it leveraging if you wish).
by bengal22
Sat Jun 20, 2015 8:34 am
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 13253

Re: The "4% Rule" revisited

Leesbro63 wrote:How many of these threads have there been in the last few years?


314
by bengal22
Thu Jun 18, 2015 9:35 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 81
Views: 11431

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

Well I'm certainly not deliberately trying to ruffle any feathers by asking the same old questions that you all have been obviously discussing for years. I'm relatively new on this site and have enjoyed learning a lot in my short time here. For me it's a brand new (and frightening) sensation - faci...
by bengal22
Thu Jun 18, 2015 6:32 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 81
Views: 11431

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

so let me get this straight: the majority of you have hundreds or thousands of posts on a retirement forum, and yet you confess how self-assured you were at retirement time with regards to a withdrawal rate and whether or not you'd have enough for retirement. call me skeptical :P I think the key ph...
by bengal22
Thu Jun 18, 2015 1:53 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?
Replies: 81
Views: 11431

Re: Retirees: Did you spend much time wringing your hands over Retirement Savings as Many on Forum Do Today?

Did not plan much but still followed the basic principles of personal finance: 1. Pay yourself 2nd(save, save, save), work hard at furthering career(more income), diversify investments, use low cost investments, and build personal/business relationships.
by bengal22
Mon Jun 15, 2015 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 226
Views: 48979

Re: Share your networth progression

Age 18: debt free, asset free Age 30: debt free, some assets Age 40: debt free, dot com theoretical millionaire Age 50: lots of housing equity, lots of housing debt, some financial assets-- falling interest rates mean I am probably worse off than I was 7 years ago (in terms of the annuity income th...
by bengal22
Wed May 27, 2015 9:49 pm
Forum: Personal Consumer Issues
Topic: Once in a life time trip.
Replies: 121
Views: 7285

Re: Once in a life time trip.

Based on my experience if the parents are involved and the trip is kept fun, then the kids will never forget it. Its not so much the destination but the family stuff that the kids will remember.
by bengal22
Mon May 25, 2015 2:45 pm
Forum: Local Chapters and Bogleheads Community
Topic: Memorial Day
Replies: 18
Views: 1388

Re: Memorial Day

Thanks for your service in WW2 and for your current service to this forum.
by bengal22
Mon May 25, 2015 2:44 pm
Forum: Personal Consumer Issues
Topic: Just bought new car, should I buy extended warranty?
Replies: 29
Views: 1707

Re: Just bought new car, should I buy extended warranty?

... So, I decided to try something brand new and was not too certain about the reliability of Hyundais. Well, I decided to purchase the "no deductible" plan and it turned out to be a very wise decision.... To each his own I guess. But if I was concerned about the reliability of a vehicle ...
by bengal22
Mon May 25, 2015 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads plan to utilize Independent Living facilities?
Replies: 46
Views: 2330

Re: Do Bogleheads plan to utilize Independent Living facilities?

I have a theory that if one wants to stay young, one should stay amongst the young. My plans do not include me living in an Independent Living facility although in my current house I am pretty independent(within the confines of marriage of course).
by bengal22
Mon May 25, 2015 2:40 pm
Forum: Personal Consumer Issues
Topic: old books and stamp collection
Replies: 4
Views: 452

Re: old books and stamp collection

maybe a rephrase of the question would get a reply?
by bengal22
Mon May 25, 2015 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: A different way of calculating when to retire
Replies: 26
Views: 2816

Re: A different way of calculating when to retire

- NOT the typical lifestyle creep that comes from mindless spending due to rapid hedonic adaptation, but definitely spending beyond the bare necessities of what could also make us happy.[/b] I have to admit the phrase "typical lifestyle creep that comes from mindless spending due to rapid hedo...
by bengal22
Sun May 24, 2015 3:56 pm
Forum: Investing - Theory, News & General
Topic: Let's hear your Dave Ramsey success stories
Replies: 79
Views: 12548

Re: Let's hear your Dave Ramsey success stories

Does an adult of normal intelligence really need a radio show, a speech, or a book to understand that spending more than they earn and getting into debt is bad for their long-term financial status? Some do, yes. Why do people spend tons of money with weight loss groups to have them tell them to con...
by bengal22
Fri May 22, 2015 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Follow "Passion" or Follow the Money?
Replies: 73
Views: 4673

Re: Career Advice: Follow "Passion" or Follow the Money?

I would question whether either option is your passion. You defined passion as 1)you don't hate doing it and 2)you are good at it. My experience tells me that if you were so motivated you could develop a passion with either option. I think passion grows from seeing results, learning in your professi...
by bengal22
Mon May 18, 2015 4:26 pm
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 257
Views: 25892

Re: Do you think Ric Edelman is correct, never pay down mortgage

Plus, once you are retired, banks are not very willing to loan you money without any income. If you say you have a lot of money in investments, they might just ask why you aren't using it rather than getting a new mortgage. :oops: I don't think that is very accurate. Banks want your money(closing c...
by bengal22
Sat May 16, 2015 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 226
Views: 48979

Re: Share your story of how you got wealthy

Would never claim I was wealthy but I suggest 1) marry the right partner 2) Live in the same house for 34 years 3) work very hard at your profession 4) live below your means and save prodigiously 5) never listen to or pay a dime to a broker or other thief It maybe hard to believe but there are brok...
by bengal22
Thu May 14, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Networth question
Replies: 54
Views: 4852

Re: Networth question

Net worth includes everything. It might even include life insurance proceeds, if you have that in force. Now what is the UTILITY of figuring your Net Worth? Not much, really... In my case, I track my net worth because I think it is the best measurement for if my overall value is going up or down. I...
by bengal22
Tue May 12, 2015 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Post- Retirement Jobs
Replies: 18
Views: 2383

Re: Post- Retirement Jobs

I have not seen the discrimination for those over 50 that you have mentioned. I know of several engineers that have received project type work for short periods of time(months) that they can complete and then go back to retirement until the next opportunity comes along. I know someone that worked in...
by bengal22
Sun May 10, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Philosophies of frugality.
Replies: 64
Views: 7197

Re: Philosophies of frugality.

I think the boglehead philosophy actually unlocks one to spend more money. After we have earned it. By investing wisely, and being "value-conscious"(prior post), we can actually enjoy the finer things in life(like good coffee). But we have to realize that we need to invest early in life an...
by bengal22
Sat May 09, 2015 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 34195

Re: much ado about coasting (through life)

I think the main issue I have with the original post is the word "coast" : "to continue without serious effort, letting one's past efforts carry one along." To live life without purpose for me is rather a sad thing. One does not need to ever coast in life - even in retirement. I ...
by bengal22
Sat May 09, 2015 4:24 pm
Forum: Investing - Theory, News & General
Topic: "Should We Teach Teenagers to Trade?"
Replies: 30
Views: 2326

Re: "Should We Teach Teenagers to Trade?"

Yes, I think everyone needs to know how the market works. If the contest was over a 5-10 year period they would learn the importance of being diverse in their portfolio. I think it also would be important for them to learn how bonds, commodities, and other financial tools operate. I think this is a ...
by bengal22
Sat May 09, 2015 6:18 am
Forum: Personal Finance (Not Investing)
Topic: New Math for Retirees and the 4% Withdrawal Rule
Replies: 96
Views: 13131

NYT article on 4% retirement

[Thread merged into here, see below. --admin LadyGeek] Interesting read. http://www.nytimes.com/2015/05/09/your-money/some-new-math-for-the-4-percent-retirement-rule.html?hp&action=click&pgtype=Homepage&module=mini-moth&region=top-stories-below&WT.nav=top-stories-below&_r=0 ...
by bengal22
Thu May 07, 2015 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Easy careers to last me to retirement?
Replies: 141
Views: 17439

Re: What job to get to coast to Retirement at age 59 1/2?

With all due respect, if you are looking to "coast" please do not look for a job. I tried to accomplish things and get results up to the very end of my career(last hour). There are enough serious people out there looking for a job to waste one on someone putting in their time.
by bengal22
Tue May 05, 2015 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Forgiveness
Replies: 5
Views: 822

Re: Student Loan Forgiveness

Thanks, He is actually teaching at a Title One School and he does intervention for students with special needs. That would help him a bunch. Thanks for the reply. They wanted to charge $2000 to help him process the paperwork so we will do ourselves.
by bengal22
Tue May 05, 2015 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Forgiveness
Replies: 5
Views: 822

Student Loan Forgiveness

My son is a public school teacher with a large student loan that he will need to pay off starting soon. He has been told of programs that after a period of payment actually forgives the loan. I googled them and one is for school teachers and such and another is for low income(i.e. public teacher). H...
by bengal22
Sun May 03, 2015 6:56 am
Forum: Forum Issues and Administration
Topic: Polls Disabled
Replies: 60
Views: 5673

Re: Polls Disabled

I agree with Alex's decision. For the most parts the poles were pretty much worthless for information, especially actionable information. There is an art to constructing a useful pole and the real information is in the comments. Oh you said Poll.

Nevermind.
by bengal22
Fri May 01, 2015 2:32 pm
Forum: Investing - Theory, News & General
Topic: What do you consider "cash"
Replies: 32
Views: 2524

Re: What do you consider "cash"

I always considered CD's as cash although they are not as liquid as coins in your pocket.
by bengal22
Fri May 01, 2015 2:04 pm
Forum: Personal Consumer Issues
Topic: Things to do in Maui
Replies: 20
Views: 1739

Re: Things to do in Maui

road to Hana was fun
by bengal22
Thu Apr 30, 2015 1:32 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 931
Views: 147313

Re: What Movie Have You Recently Watched?

I just watched Heaven's Gate(the 2012 DVR edition) and absolutely love that movie. I watch it about every 2-3 years. Yes, the scenes tend to run slow, but each one packs a wallop. I love the plot, the acting, the music, and the scenery is unbelievable. This movie is one of the most maligned of all t...
by bengal22
Thu Apr 30, 2015 1:30 pm
Forum: Investing - Theory, News & General
Topic: What would happen if everyone at Fidelity went Boglehead?
Replies: 42
Views: 3755

Re: What would happen if everyone at Fidelity went Boglehead

Some non-profits structure themselves in such a way that they show no profits but their directors and other senior leaders get really good salaries. But they do not show a profit. I know of day-cares that operate this way. I assume Vanguard, which is not deemed a non-profit, does similar things such...
by bengal22
Mon Apr 27, 2015 5:28 pm
Forum: Investing - Theory, News & General
Topic: What would happen if everyone at Fidelity went Boglehead?
Replies: 42
Views: 3755

Re: What would happen if everyone at Fidelity went Boglehead

In the interest of full disclosure, I am a loyal customer of both Vanguard and Fidelity. I also strongly believe that Vanguard loves a "profit" as much as Fidelity does. Vanguard is an ultra-successful company that understood a consumer need before the consumer realized they needed it. Th...
by bengal22
Mon Apr 27, 2015 4:29 pm
Forum: Investing - Theory, News & General
Topic: What would happen if everyone at Fidelity went Boglehead?
Replies: 42
Views: 3755

Re: What would happen if everyone at Fidelity went Boglehead

In the interest of full disclosure, I am a loyal customer of both Vanguard and Fidelity. I also strongly believe that Vanguard loves a "profit" as much as Fidelity does. Vanguard is an ultra-successful company that understood a consumer need before the consumer realized they needed it. Th...
by bengal22
Mon Apr 27, 2015 3:46 pm
Forum: Investing - Theory, News & General
Topic: What would happen if everyone at Fidelity went Boglehead?
Replies: 42
Views: 3755

Re: What would happen if everyone at Fidelity went Boglehead

In the interest of full disclosure, I am a loyal customer of both Vanguard and Fidelity. I also strongly believe that Vanguard loves a "profit" as much as Fidelity does. Vanguard is an ultra-successful company that understood a consumer need before the consumer realized they needed it. The...
by bengal22
Sun Apr 26, 2015 6:43 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 351
Views: 150630

Re: TV show recommendations?

watching 3rd season of Bored to Death - funniest thing on television
by bengal22
Sat Apr 25, 2015 9:50 pm
Forum: Investing - Theory, News & General
Topic: Tilting
Replies: 37
Views: 2307

Re: Tilting

I tilt heavily towards small and value. However, I often wonder why active managers under perform the s&p 500. Do they tilt? I understand the historical data behind small and value but why then haven't active managers been able to simply tilt and beat the market? Thx I would suspect the reason ...
by bengal22
Sat Apr 25, 2015 9:49 pm
Forum: Investing - Theory, News & General
Topic: Tilting
Replies: 37
Views: 2307

Re: Tilting

I tilt heavily towards small and value. However, I often wonder why active managers under perform the s&p 500. Do they tilt? I understand the historical data behind small and value but why then haven't active managers been able to simply tilt and beat the market? Thx I would suspect the reason ...
by bengal22
Sat Apr 25, 2015 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Tough to get a mortgage while retired?
Replies: 26
Views: 2728

Re: Tough to get a mortgage while retired?

I did not have a problem being retired and buying a house. I think if you have enough assets and no credit issues you will find someone to give you a good mortgage rate.
by bengal22
Fri Apr 24, 2015 7:46 am
Forum: Personal Consumer Issues
Topic: Who still have Cable TV?
Replies: 63
Views: 3569

Re: Who still have Cable TV?

I think a more important measurement is what do we pay for telephone, cell phones, internet, and television. Currently, I have a bundled housephone, cable TV, and internet, plus cell phones. Since we enjoy streaming(wife likes Hallmark stuff, some detective shows, and I like sports). We are looking ...
by bengal22
Thu Apr 23, 2015 2:14 pm
Forum: Investing - Theory, News & General
Topic: Do you Bogleheads really follow the 3-4% SWR rule?
Replies: 48
Views: 5058

Re: Do you Bogleheads really follow the 3-4% SWR rule?

No I don't. For one reason the onset of Social Security income will have changed the need for withdrawals before and after that change. SS is not the only financial factor that changes at some point in time. There have been and will be changes is expenses that have to be supported. One can anticipa...
by bengal22
Thu Apr 23, 2015 2:10 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds Poll
Replies: 72
Views: 4393

Re: Age in Bonds Poll

age - 13 but I have a pension and future S.S. to supplement, I am in stocks for the long haul.
by bengal22
Thu Apr 23, 2015 2:02 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 351
Views: 150630

Re: TV show recommendations?

abuss368 wrote:Finished "House of Cards" on Netflix. Is another season going to be released?


yes
by bengal22
Thu Apr 23, 2015 2:02 pm
Forum: Investing - Theory, News & General
Topic: Do you Bogleheads really follow the 3-4% SWR rule?
Replies: 48
Views: 5058

Re: Do you Bogleheads really follow the 3-4% SWR rule?

coachz wrote:What are some of the though processes they use please ?

jebmke wrote:I have said before, I know a lot of retirees and not one of them uses a mathematical method to draw from assets.


See above :happy

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