Search found 2442 matches

Return to advanced search

Re: 4 Simple Rules for Retirement Saving

The kicker in any retirement calculator: private-pay medical expenses. Before she died, my Mom was spending over 200% of her "pre-retirement" expenses, primarily as a result of private-pay, in-home, nursing care. Care in a skilled-nursing facility, let's just say it's quite expensive.
by john94549
Fri Aug 01, 2014 10:12 pm
 
Forum: Investing - Theory, News & General
Topic: 4 Simple Rules for Retirement Saving
Replies: 12
Views: 1997

Re: Options for "mortgage pre-payment plan"

I'm going to make a wild guess that the 3%/30 yr is an adjustable. We re-financed back when rates were at their lowest and snagged a 3.4% fixed/30 yr, and I saw nothing cheaper at the time. If it is adjustable, by all means, pay it off, as you can. That said, if it's a fixed-rate mortgage, then I'd ...
by john94549
Fri Aug 01, 2014 9:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Options for "mortgage pre-payment plan"
Replies: 13
Views: 609

Re: RBD here yet? (DOW -300points drop) [Really Bad Day]

I always loved the concept, as it implies trading (when stocks are low) and selling (when stocks are high). Which is, of course, counter to other Boglehead precepts. You know you do it, right?
by john94549
Thu Jul 31, 2014 10:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: RBD here yet? (DOW -300points drop) [Really Bad Day]
Replies: 43
Views: 4039

Re: How Much Did You Lose Today?

OK, OK, don't get technical on me. I assumed you all knew "on paper".
by john94549
Thu Jul 31, 2014 10:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 128
Views: 7401

Re: How Much Did You Lose Today?

Perhaps equities shape a greater portion of Bogleheads' portfolios than I might have assumed. Perhaps it is fair to say that recency bias has over-whelmed "age-in-bonds", and that many favor greater equity percentages than before. It will be interesting to see if a major Bear market (which...
by john94549
Thu Jul 31, 2014 10:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 128
Views: 7401

Re: How Much Did You Lose Today?

ObliviousInvestor wrote:Need option for "don't know, probably not going to check." :)


Even the most Oblivious Investor peeks.
by john94549
Thu Jul 31, 2014 10:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 128
Views: 7401

How Much Did You Lose Today?

Just to prove how much even a "bad day" (S+P 500 down 2%) matters little for properly-diversified Bogleheads, I thought I'd run this poll. When considering your vote, count all investable assets. I suspect the results will illustrate the fact that most Bogleheads are quite diversified.
by john94549
Thu Jul 31, 2014 10:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 128
Views: 7401

Re: Central AC replacement decision

Funny story. We're in Northern California, in the area known for "hot" weather. About five years ago, the A/C just died. As it was original equipment (from 1978) I assumed the worst. We just lived with no A/C for those five years. Finally came to our senses (after the temp hitting plus 100...
by john94549
Thu Jul 31, 2014 9:40 pm
 
Forum: Personal Consumer Issues
Topic: Central AC replacement decision
Replies: 40
Views: 1336

Re: Which is King: Income Stream or $ Invested

With regard to FDIC/NCUA insurance, it's not terribly difficult to style after-tax accounts to obtain multiple levels of coverage. As to tax-deferred (i.e., IRA CD accounts), it's $250K, since (by definition) it's an "individual" account. That said, any time I've pushed the envelope on tax...
by john94549
Thu Jul 31, 2014 9:16 pm
 
Forum: Investing - Theory, News & General
Topic: Which is King: Income Stream or $ Invested
Replies: 51
Views: 4083

Re: Which is King: Income Stream or $ Invested

One point of diversification is to have (presumably) enough "baskets" so that said baskets generate the requisite income stream. Thus, in my view, diversification is King. When any one basket has a horrid day (as stocks did today), odds are other diversified baskets will do just fine. As d...
by john94549
Thu Jul 31, 2014 8:56 pm
 
Forum: Investing - Theory, News & General
Topic: Which is King: Income Stream or $ Invested
Replies: 51
Views: 4083

Re: Using taxable as emergency fund - impact to allocation

We keep our cash "ready reserve" in a good-old-fashioned after-tax savings account. As to AA, it's part of FI, just as CDs and bond funds. I used to try to differentiate between after-tax and tax-deferred when calculating AA (OK, is $100 in after-tax worth $125 in tax-deferred?), but it go...
by john94549
Thu Jul 31, 2014 8:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Using taxable as emergency fund - impact to allocation
Replies: 5
Views: 564

Re: RBD here yet? (DOW -300points drop)

Bungo, go back and look at August, 2011. I seem to recall one four-day stretch with wild ups-and-downs. Dow up 500 one day, down 500 the next, then up again, then down again.
by john94549
Thu Jul 31, 2014 8:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: RBD here yet? (DOW -300points drop) [Really Bad Day]
Replies: 43
Views: 4039

Re: confused about adjustable reverse mortgage terms

That "large brood of children" will presumably inherit the house, no? Why encumber the inheritance? The kids might consider pooling resources, paying off the mortgage for Mom, then establishing an informal "pot" she could draw on as need be. If each child cannot contribute or com...
by john94549
Thu Jul 31, 2014 8:36 am
 
Forum: Personal Finance (Not Investing)
Topic: confused about adjustable reverse mortgage terms
Replies: 7
Views: 632

Re: The emerging market portion of Total International Stock

I did the math as well. I boosted my emerging some time ago.
by john94549
Wed Jul 30, 2014 9:30 pm
 
Forum: Investing - Theory, News & General
Topic: The emerging market portion of Total International Stock
Replies: 5
Views: 1150

Re: Help with a new $5m portfolio for an old lady

Even the intermediate-term tax exempt ($4 million) and the balance in total ($1 million) won't generate the $200K in dividends alone, so I'm assuming she's open now to invading principal? I hate to point out the obvious, but with a $5 million nest-egg, you can whack off $50k/yr from principal for 20...
by john94549
Wed Jul 30, 2014 9:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with a new $5m portfolio for an old lady
Replies: 59
Views: 4233

Re: Landlording for long-term wealth? Who's doing it?

One benefit of investing in rental property is often overlooked, namely, estate planning. A rental property may well generate negative cash flow (as well as depreciation). These "losses" (both real and "paper") carry forward until used as offsets against net rental income. As one...
by john94549
Wed Jul 30, 2014 8:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Landlording for long-term wealth? Who's doing it?
Replies: 60
Views: 5338

Re: Advice on Keeping Inexpensive Long Term Care Policy

Your wife is no doubt the beneficiary of some great negotiation by her group representative. Absolutely, keep it. But don't be shocked if she gets bumped into a different risk pool, with comparatively higher premiums.
by john94549
Wed Jul 30, 2014 8:21 pm
 
Forum: Personal Consumer Issues
Topic: Advice on Keeping Inexpensive Long Term Care Policy
Replies: 7
Views: 678

Re: Principal Residence = Poor Investment?

Some might contend that living in a tent is a great investment (assuming it frees up income for deployment elsewhere). But would you rather live in a tent or a house? Granted, when all the costs of "home ownership" are toted up (even considering taxes), I suspect all but those who truly &q...
by john94549
Tue Jul 29, 2014 9:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Principal Residence = Poor Investment?
Replies: 70
Views: 4435

Re: Tell me why I shouldn't buy individual muni bonds

What do you plan to do with the interest payments?
by john94549
Tue Jul 29, 2014 9:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tell me why I shouldn't buy individual muni bonds
Replies: 31
Views: 1894

Re: Help with a new $5m portfolio for an old lady

As an aside, having helped my Mom with similar issues before she died, recommending anything OTHER than the best available CD(s) is fraught with peril. If she wants to "spice up" her portfolio with stock funds, bond funds, or whatever, let that be her input. If she wants $100K, get as clos...
by john94549
Tue Jul 29, 2014 8:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with a new $5m portfolio for an old lady
Replies: 59
Views: 4233

Re: How to handle a company that won't honor a warranty?

We had a similar issue with a refrigerator. An e-mail to the company CEO worked wonders.
by john94549
Tue Jul 29, 2014 8:32 pm
 
Forum: Personal Consumer Issues
Topic: How to handle a company that won't honor a warranty?
Replies: 23
Views: 1440

Re: state income tax withheld from IRA distribution?

Based on my personal experience, there's no hard-and-fast rule. StateFarmBank and Alliant will withhold CA tax on IRA distributions, if requested. USAA (on my after-tax CD) would not, nor will my wife's pension administrator (although both withhold for Federal).
by john94549
Tue Jul 29, 2014 8:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: state income tax withheld from IRA distribution?
Replies: 44
Views: 1737

Re: Help with a new $5m portfolio for an old lady

Not surprisingly, I'd vote for CDs as well. With just about any other option, there's risk of loss of principal. As Dr. Bernstein might say, "she's won the game."
by john94549
Tue Jul 29, 2014 7:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with a new $5m portfolio for an old lady
Replies: 59
Views: 4233

Re: Market not interested in inflation protection?

One might consider the degree to which ordinary folk understand inflation-protected products. To the extent folks do, aren't there products already available? Now, if all of a sudden more folks started to clamor for more, better, or different, and a buck was to be made thereby, I suspect the market ...
by john94549
Tue Jul 29, 2014 7:22 pm
 
Forum: Investing - Theory, News & General
Topic: Market not interested in inflation protection?
Replies: 32
Views: 2146

Re: 36 percent decline in net worth

Jack, think as if one were preparing to offer questions at orals. Line-by-line, sentence-by-sentence, footnote-by-footnote. Just a thought.
by john94549
Mon Jul 28, 2014 1:11 am
 
Forum: Investing - Theory, News & General
Topic: 36 percent decline in net worth
Replies: 38
Views: 5895

Re: 36 percent decline in net worth

I've always been a tad skeptical of these "surveys". Nobody ever called me. I even asked my Mom (before she died). Nobody ever called her. Who in heaven's name has any idea of our "net worth", however defined. Taken aback somewhat by the thin statistical back-up, sweeping conclu...
by john94549
Mon Jul 28, 2014 12:53 am
 
Forum: Investing - Theory, News & General
Topic: 36 percent decline in net worth
Replies: 38
Views: 5895

Re: Buying property - frank responses requested

OP has not responded as to whether he is eligible for S/S. This might be a deciding factor. A $2 million nest-egg might generate $80K/yr, but are other income sources available? Bottom line: Not sure I'd want to try to live in San Diego on $80K/yr, even rent-free. Even with an all expense paid-for c...
by john94549
Mon Jul 28, 2014 12:18 am
 
Forum: Personal Finance (Not Investing)
Topic: Buying property - frank responses requested
Replies: 29
Views: 3023

Re: What amount of Earnest Money - New Pulte Home

"Earnest money" is meaningless unless you back out. If so (and thus not being "earnest"), you forfeit the deposit, often styled as "liquidated damages". The amount of "earnest money" can range from a few thousand dollars to "add some zeros". For a se...
by john94549
Sun Jul 27, 2014 11:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: What amount of Earnest Money - New Pulte Home
Replies: 35
Views: 1870

Re: Do Bogleheads Feel Wealthier?

Wealthier than our pre-Boglehead selves? Or wealthier than neighbors, colleagues, family? All of the above, and much more. It's totally subjective. It's whatever you want it to be. No, I don't work for Facebook. I don't even have a Facebook account. I'm curious as to whether attitudinal shifts amon...
by john94549
Sun Jul 27, 2014 11:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads Feel Wealthier?
Replies: 57
Views: 4480

Do Bogleheads Feel Wealthier?

I was prompted to ask because this appears to be a legitimate behavioral economist's question. If you "feel" wealthier, do you spend more? Or less, because of caution? Or the same, since it's all numbers on a page. Does the perception of wealth (aka the "wealth effect") have any ...
by john94549
Sun Jul 27, 2014 11:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads Feel Wealthier?
Replies: 57
Views: 4480

Re: 36 percent decline in net worth

I've always been a tad skeptical of these "surveys". Nobody ever called me. I even asked my Mom (before she died). Nobody ever called her. Who in heaven's name has any idea of our "net worth", however defined. Taken aback somewhat by the thin statistical back-up, sweeping conclus...
by john94549
Sun Jul 27, 2014 10:41 pm
 
Forum: Investing - Theory, News & General
Topic: 36 percent decline in net worth
Replies: 38
Views: 5895

Re: POLL: My home is worth less/more in 2014 than in 2007?

Craziness in the Bay Area, of course. Might I guess all those who voted "+20%" live here?
by john94549
Sun Jul 27, 2014 10:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: POLL: My home is worth less/more in 2014 than in 2007?
Replies: 82
Views: 4079

Re: Selling House - Do We Need a Listing Broker?

While not a huge fan of the fees charged, professional brokers often have resources unavailable to ordinary folk. Such as lists of potential buyers, a network of agents, and marketing materials. In one recent case (our daughter and son-in-law's sale of their home in Alameda (CA)), the listing agent'...
by john94549
Sun Jul 27, 2014 9:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Selling House - Do We Need a Listing Broker?
Replies: 61
Views: 2645

Re: CD interest payments

Not to put too fine a point on the pencil, as it were, but the interest on a "brokered" CD is generally paid out and not re-invested in the CD. The lack of re-investment in the underlying CD can have an impact on yield and asset management.
by john94549
Sun Jul 27, 2014 8:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: CD interest payments
Replies: 23
Views: 1750

Re: Possibility of getting sued - what steps to take

Had you been onboard, you could have screamed "repel boarders" and whacked him with a belaying pin. The guy was obviously a drunk pirate, and should have been arrested as such. Sue him for trespass by piracy, right now. I doubt his homeowner's insurance (assuming he has any) will cover his...
by john94549
Sat Jul 26, 2014 11:13 pm
 
Forum: Personal Consumer Issues
Topic: Possibility of getting sued - what steps to take
Replies: 25
Views: 3755

Re: Do Bogleheads Ladder CDs Anymore?

Just asking because some have advocated going long and breaking as a strategy.
by john94549
Sat Jul 26, 2014 11:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads Ladder CDs Anymore?
Replies: 25
Views: 2369

Do Bogleheads Ladder CDs Anymore?

Just curious.
by john94549
Sat Jul 26, 2014 10:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads Ladder CDs Anymore?
Replies: 25
Views: 2369

Re: Vanguard quietly adds longevity annuities

Why can't a person just assume inflation at 3%/annum and buy twice as much? Granted, if inflation is greater than 3%/annum, you'd come up a tad short, but not by much (unless things get crazy). Of course, your CD ladder (you do have one, right?) would have been re-setting right along, and other inve...
by john94549
Sat Jul 26, 2014 10:27 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard quietly adds longevity annuities
Replies: 76
Views: 5257

Re: A question on long term care insurance

As I've noted in other threads, the main concern I'd have with any long-term-care policy is that, when you need it, you're most vulnerable, and least able to protest a wrongful denial of benefits. So, if you go that route, have a good advocate.
by john94549
Sat Jul 26, 2014 9:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: A question on long term care insurance
Replies: 18
Views: 940

Re: rewards checking account

Rewards checking was all the rage several years back. Techniques folks said they used to maximize returns bordered on the very creative (such as opening a card and swiping twenty "dollar meals" over the month on that; opening another and swiping twenty one-gallon gas purchases; you get the...
by john94549
Sat Jul 26, 2014 9:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: rewards checking account
Replies: 12
Views: 711

Re: Riding the Rails--my Amtrak trip

But these middle of the country trips seem just horrible. Is it really that bad? As the Harper's article noted, you have to have a lot of patience to "ride the rails". Schedules are a great work of fiction. Before she died, my MIL took the train from Emeryville to the Empire Builder, then...
by john94549
Wed Jul 23, 2014 9:40 pm
 
Forum: Personal Consumer Issues
Topic: Riding the Rails--my Amtrak trip
Replies: 52
Views: 5497

Re: VMMXX: Finally Pulled the Trigger

So far, so good. Made a tad over ten bucks on the buy (362 shares of VBIAX) in just one day. Goshamighty, that's beer money. Had I not sat on the funds last year (having moved some, but not all), it might have been cases-of-wine money. That said, had markets tanked, it might have been . . ., well, y...
by john94549
Wed Jul 23, 2014 9:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: VMMXX: Finally Pulled the Trigger
Replies: 20
Views: 2676

Re: Riding the Rails--my Amtrak trip

OP: Your hard copy of the article mentioned is now in the post. Bon voyage!
by john94549
Wed Jul 23, 2014 9:01 pm
 
Forum: Personal Consumer Issues
Topic: Riding the Rails--my Amtrak trip
Replies: 52
Views: 5497

Re: Best High-Yield Savings Acct?

Alliant used to be stellar; then morphed into barely average. These days, anything at or over 1% with no "gotchas" is a pretty good deal. Visit http://www.depositaccounts.com/blog for the "best" deals on savings accounts. It kinda rankles when I know they're paying 1 and charging...
by john94549
Wed Jul 23, 2014 8:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Best High-Yield Savings Acct?
Replies: 16
Views: 1538

Re: Riding the Rails--my Amtrak trip

Pick up a copy of the July (2014) Harper's. Kevin Baker's piece entitled "21st Century Limited" chronicles his travel cross-country on Amtrak. If you can't find one, PM me with a mailing address for you along the way, and I'll pop a copy in the mail to you.
by john94549
Wed Jul 23, 2014 9:03 am
 
Forum: Personal Consumer Issues
Topic: Riding the Rails--my Amtrak trip
Replies: 52
Views: 5497

Re: Sprinklers for the bottom of a sloping lawn

I would combine two good pieces of advice (move the sprinkler heads inward a tad and install a modest gravel trench at the base of the slope) with a third: use the dirt from the installation of the trench to build a smallish (4 inches will do) berm at the bottom of the slope. The "catchbasin&qu...
by john94549
Wed Jul 23, 2014 8:41 am
 
Forum: Personal Consumer Issues
Topic: Sprinklers for the bottom of a sloping lawn
Replies: 10
Views: 1136

Re: Inheritance: Cash or Investments?

If some or all of the assets are in a Trust, check with your CPA (or ask the Executor to do so). Feel free to PM me.
by john94549
Wed Jul 23, 2014 8:13 am
 
Forum: Personal Finance (Not Investing)
Topic: Inheritance: Cash or Investments?
Replies: 15
Views: 1332

Re: Will baby boomers retiring spell doom for the markets

Answer this: Has the first wave of retiring boomers (born 1946 - 1949) had any measureable impact on any financial market, anywhere, simply by dint of selling anything to help fund retirement?
by john94549
Tue Jul 22, 2014 10:16 am
 
Forum: Investing - Theory, News & General
Topic: Will baby boomers retiring spell doom for the markets
Replies: 45
Views: 5386

Re: List of Worst financial advice (what not to do):

Maybe someone else pointed out this gem, and I missed it, but this:

"Put all yours eggs in one basket, but watch it very closely."

When did that ever work?
by john94549
Tue Jul 22, 2014 9:42 am
 
Forum: Personal Finance (Not Investing)
Topic: List of Worst financial advice (what not to do):
Replies: 144
Views: 16125

Re: VMMXX: Finally Pulled the Trigger

It's not a "what took you so long" issue, as I've been moving money from VMMXX to other investments since rates peaked in late 2006. Needless to say, every transfer (whether to IRA CD, Vanguard fund, you name it) has done better than VMMXX. Behavioral economists would have a field day as t...
by john94549
Mon Jul 21, 2014 9:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: VMMXX: Finally Pulled the Trigger
Replies: 20
Views: 2676
Next

Return to advanced search