Search found 3849 matches

by mickeyd
Thu Sep 03, 2015 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security and future COLA increases
Replies: 23
Views: 2087

Re: Social Security and future COLA increases

As much as I love to get those SS COLA bumps, I wouldn't be adverse to canceling them or reducing them so that SS in the future could be available for my kids. Less for me; more for them.
by mickeyd
Mon Aug 31, 2015 7:55 pm
Forum: Personal Consumer Issues
Topic: Tire rotation
Replies: 58
Views: 5077

Re: Tire rotation

I get an email from Discount Tire once and a while advising me that it's time to come in for my free tire rotation. I have done it a few times, and it is free, but I get the feeling that they really want to sell me new rubber but my old tires are not "shot" enough. So, could it be a money ...
by mickeyd
Mon Aug 31, 2015 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: what could cause a credit score decline if no obvious issue on credit report?
Replies: 25
Views: 1648

Re: what could cause a credit score decline if no obvious issue on credit report?

I have checked my FICO score on Discover Card a few times over the last 8 months or so and it has ranged from 830 to 780 for no obvious reason. We charge 99% of out spending on DC or MC. I am not looking to finance anything so it really makes no difference to me. But it is very strange.
by mickeyd
Sat Aug 29, 2015 11:20 am
Forum: Investing - Theory, News & General
Topic: Good time for 50/50 portfolio Bonds/Equities?
Replies: 85
Views: 9016

Re: Good time for 50/50 portfolio Bonds/Equities?

I too am looking to go to a 60% stock/40% bonds and cash allocation but I will wait for new market highs to do it. Aw come on Ned. You've been here long enough to understand that you can not know when the "new market highs" will come around. Market timing is generally a losing hand. If yo...
by mickeyd
Tue Aug 25, 2015 3:00 pm
Forum: Investing - Theory, News & General
Topic: Good time for 50/50 portfolio Bonds/Equities?
Replies: 85
Views: 9016

Re: Good time for 50/50 portfolio Bonds/Equities?

I currently have 67/33 stocks/bonds, but might feel more peace with a 50/50 allocation during this time where it seems equities have reached their peak after 5 years of excellence. I changed my AA from 60/40 to 50/50 last summer just before I turned 70. I also simplified my investments by selling o...
by mickeyd
Tue Aug 25, 2015 2:54 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 194
Views: 21208

Re: The Bogleheads' Silent Majority

senhati wrote:I am a silent one. But read a lot.

I am trying to find more money to buy Index now. I am buying on every down days. I have 15+ yrs to retire.

May be I should take a second job :greedy


Have you not been warned about market timing? [OT comment removed by admin LadyGeek]
by mickeyd
Sun Aug 23, 2015 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer money to online bank account
Replies: 16
Views: 1596

Re: Transfer money to online bank account

I quite often transfer $ from my USAA checking account to my Ally savings account. I generally start at the Ally account web site and begin the exchange that way. It only takes a few days to complete.
by mickeyd
Fri Aug 21, 2015 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Market Funds
Replies: 5
Views: 819

Re: Vanguard Total Market Funds

for some reason I have more concern about International bonds than equities. Maybe it's a result of the recent Greek mess. Simply is an area in which we have zero experience and need some wisdom.


Then do not invest your hard-earned money in them. Invest only in what you know and understand.
by mickeyd
Thu Aug 20, 2015 6:09 pm
Forum: Investing - Theory, News & General
Topic: A bad day on Wall Street -- A good day for the media.
Replies: 51
Views: 5587

Re: A bad day on Wall Street -- A good day for the media.

Thanks for that Taylor. Occasional stock market jolts are a great way to test your AA. Today was no different than yesterday or tomorrow.

20 years ago I would have been ringing my hands trying to guess what move I should make in order to avoid an investment disaster. Today I took a nap at about 2PM.
by mickeyd
Wed Aug 19, 2015 6:33 pm
Forum: Investing - Theory, News & General
Topic: Bogle: retirees should focus on dividends
Replies: 157
Views: 15592

Re: Bogle: retirees should focus on dividends

We have always listened to Mr. Boyle


Who?
by mickeyd
Tue Aug 18, 2015 6:18 pm
Forum: Investing - Theory, News & General
Topic: Bogle: retirees should focus on dividends
Replies: 157
Views: 15592

Re: Bogle: retirees should focus on dividends

walk out to the mailbox on Social Security day and on dividend payment day for the funds—assuming they’re the same day—and make sure you have two envelopes out there. Hmmm. My TSM dividends are paid quarterly and my SS rolls in monthly. Are there equity mutual funds that pay dividends monthly? I li...
by mickeyd
Mon Aug 17, 2015 6:27 pm
Forum: Investing - Theory, News & General
Topic: Are we headed into a difficult period? [Telegraph "Doomsday" article]
Replies: 25
Views: 3074

Re: Are we headed into a difficult period? [Telegraph "Doomsday" article]

Don't be a chicken little. Don't be afraid. The sky is not falling. Narrator: So Foxy Loxy led Chicken Little, Henny Penny, Ducky Lucky, Goosey Loosey, and Turkey Lurkey across a field and through the woods. He led them straight to his den, and they never saw the king to tell him that the sky is fal...
by mickeyd
Mon Aug 17, 2015 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: International Stock Index Funds
Replies: 12
Views: 1355

Re: International Stock Index Funds

What do Bogleheads think of these two funds? Is it worth switching from one to the other? I have invested in the VG Total International for 10+ years and it fits perfectly into my AA. No need to switch as far as I can see. There are often small differences in mutual funds but that is not a signal t...
by mickeyd
Mon Aug 17, 2015 4:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2060 fund 8% cash?
Replies: 9
Views: 1391

Re: Vanguard 2060 fund 8% cash?

I agree that it seems strange. Who is going to be the first to call VG and find out their answer?
by mickeyd
Sun Aug 16, 2015 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance - Non-employer policy
Replies: 20
Views: 1939

Re: Dental Insurance - Non-employer policy

Dental insurance is not really insurance. It is more like a pre-paid dental plan that generates a few commission dollars for agents and makes the patients feel like they are "covered". Most folks really do not know what they are "covered" for.
by mickeyd
Fri Aug 14, 2015 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Paying ML vs investing in retirement/risk target account USAA
Replies: 5
Views: 610

Re: Paying ML vs investing in retirement/risk target account USAA

I have had my insurance with USAA for 40+ years and, until about 15 years ago, I had most of my investments with them also. I have been with Vanguard since that time because they have the exact products that I require and the expense ratio of the funds that I like are lower than any other funds avai...
by mickeyd
Thu Aug 13, 2015 9:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2003
Views: 383702

Re: U.S. stocks in freefall

This thread has been floating around for 4 years now. Seems like every time that there is a market increase or decrease of any sizable amount that it is resurrected.

Stocks in freefall~ Stocks on rebound.
by mickeyd
Thu Aug 13, 2015 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Financial Literacy in Military
Replies: 5
Views: 726

Financial Literacy in Military

It's good to see that our military members will be receiving financial literacy classes to go along with all of the other training that they receive. I sure hope that they are introduced to Boglehead investing ideas. But that's asking for too much unfortunately. The Military Compensation and Retirem...
by mickeyd
Wed Aug 12, 2015 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market
Replies: 28
Views: 4573

Re: Vanguard Prime Money Market

I think that the money that I had in PMMF years ago is now drawing an APY of 0.99% @ Ally. Only $5K is getting an APY of 5% an NFCU. I am poised and ready to put it all back into PMMF at the right time.

Oops, that sounds like market timing!
by mickeyd
Tue Aug 11, 2015 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Aflac Insurance [Employee benefit review]
Replies: 9
Views: 840

Re: Aflac Insurance [Employee benefit review]

surpher wrote:Thank you everyone for your assistance. I was inaccurate in my original post as yes, these are weekly quotes.

I will reach out and discontinue this garbage and appreciate all of the help :happy



That's a wise decision. What are you going to do with this excess money?
by mickeyd
Mon Aug 10, 2015 3:57 pm
Forum: Investing - Theory, News & General
Topic: Does the Three Fund Portfolio need a roboadviser?
Replies: 81
Views: 6635

Re: Does the Three Fund Portfolio need a roboadviser?

Can anyone direct me to a location that will establish the following web site? "Taylor's 3 Fund RoboAdvisory Service.com"
by mickeyd
Mon Aug 10, 2015 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Coworkers Ignorant to Retirement Savings and Investing
Replies: 41
Views: 4032

Re: Coworkers Ignorant to Retirement Savings and Investing

Anyone have any advice? - Bonhomie Direct your fellow employees to the Boglehead site (here) and don't give any other advice. Few, if any, will take the time to bring it up not to mention even reading all of the boring index fund, stay the course, blah, blah, blah. When you retire 10 years before t...
by mickeyd
Mon Aug 10, 2015 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: For the bogleheads either retired or close to retiring
Replies: 29
Views: 4004

Re: For the bogleheads either retired or close to retiring

How well have you done for retirement? How much did you save per year to get to where you think you are comfortable? Did you sacrifice much? 1. So far the first 10 years have been wonderful. I should be taping my investment stash finally this year. 2. I recall saving as much as possible. Never had ...
by mickeyd
Mon Aug 10, 2015 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: NFL Player and His Family Lives on $60k/year
Replies: 13
Views: 2015

Re: NFL Player and His Family Lives on $60k/year

I recall recently reading that Gronkowski (NE Pats) has not spent any of the $16 million salary he has been paid so far. Lives only on his endorsement cash.

Boglehead? Probably.
by mickeyd
Mon Aug 10, 2015 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Did a dumb thing [lump summed into market after sitting on cash for years]
Replies: 111
Views: 13029

Re: Did a dumb thing [lump summed into market after sitting on cash for years]

-Would ANYONE go through this sweating through a suit on a Saturday morning unless they got PAID for it? I think he used some vague language like I would never "pay him a dollar", but common sense tells you this wasn't altruism. Even on a warm summer day this activity is called cold canva...
by mickeyd
Sun Aug 09, 2015 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Did a dumb thing [lump summed into market after sitting on cash for years]
Replies: 111
Views: 13029

Re: Did a dumb thing [lump summed into market after sitting on cash for years]

financial advisor we should put it into some of their funds instead - move it out of the funds I just put it in. They have some interesting thing where they guarantee losses up to a point but keep gains above a certain amount. No fees, oddly enough. Sounds roughly like what used to be called Equity...
by mickeyd
Sun Aug 09, 2015 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Aflac Insurance [Employee benefit review]
Replies: 9
Views: 840

Re: Aflac Insurance

I am looking for some feedback on whether or not this is something I should keep in my benefits package or discontinue.


Dump those AFLAC dogs. The only person that will regret it is the AFLAC insurance agent.
by mickeyd
Sat Aug 08, 2015 1:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: Congrats to Laura Dogu
Replies: 61
Views: 5829

Re: Congrats to Laura Dogu

Another Boglehead makes good. Congrats Laura. :beer
by mickeyd
Sun Aug 02, 2015 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Moving $$$ from a Regular IRA to a Roth......
Replies: 7
Views: 586

Re: Moving $$$ from a Regular IRA to a Roth......

One Q that I have always asked myself in such a situation is ~ "Do I have enough cash laying around that I can use to pay taxes on the conversion?"
by mickeyd
Sat Aug 01, 2015 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Close to 93% of portfolio in individual stocks?
Replies: 28
Views: 2534

Re: Close to 93% of portfolio in individual stocks?

He mentioned that his portfolio is worth around 120k now.


That's a pretty small total for someone in their 50s. Maybe he's trying to play catch-up and thinks he needs to be aggressive by increasing his risk. Like I said earlier, too many variables.
by mickeyd
Sat Aug 01, 2015 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - Consumer reports article/analysis
Replies: 13
Views: 1446

Re: Auto Insurance - Consumer reports article/analysis

I read this article last night and was glad to see that USAA is still rated at the top. The quoted cost (about $800 I think) was even higher than what I pay annually. I like my low-cost, excellent customer service situation.

That's my simple analysis. 8-)
by mickeyd
Sat Aug 01, 2015 1:15 pm
Forum: Investing - Theory, News & General
Topic: Financial Advisor v. Bogle Approach?
Replies: 33
Views: 2951

Re: Financial Advisor v. Bogle Approach?

It can't really be as simple as Bogle makes it sound, or can it?


It is simple but it's not easy.
by mickeyd
Sat Aug 01, 2015 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Close to 93% of portfolio in individual stocks?
Replies: 28
Views: 2534

Re: Close to 93% of portfolio in individual stocks?

Isn't this type of portfolio extremely risky for someone approaching his mid 50s?


It would be too risky for me, but may be perfect for your friend. Way too many variables involved for me to give a better response.
by mickeyd
Sat Aug 01, 2015 1:01 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 201
Views: 13915

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

According to the Discover Card Spend Analyzer' we have averaged $600/month over a 48 month period for groceries. That's for two adults. Add another $100 for eating out.
by mickeyd
Sat Aug 01, 2015 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll my 401k to Wells Fargo or Fidelity?
Replies: 24
Views: 2429

Re: Should I roll my 401k to Wells Fargo or Fidelity?

does anyone have an opinion as to what institution would be "better" for me to put the money?


Vanguard
by mickeyd
Wed Jul 29, 2015 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: Social Security and Expenses
Replies: 61
Views: 3784

Re: Retirees: Social Security and Expenses

A whole lot of it. It pays to examine all of the SS claiming strategies and wait until age 70.
by mickeyd
Sat Jul 25, 2015 1:51 pm
Forum: Investing - Theory, News & General
Topic: Swensen's "Unconventional Success..."
Replies: 5
Views: 475

Re: Swensen's "Unconventional Success..."

hey Tom,

I recall reading that book (also from our library) about 10 years ago and also liked it.
by mickeyd
Sat Jul 25, 2015 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Online Medicare account and Spousal SS benefits
Replies: 9
Views: 809

Re: Online Medicare account and Spousal SS benefits

mickeyd Not sure what that is An online account is set up through medicare.gov and allows you to look at your claims before you get them in the mail and has other functionalities such as chatting with an agent online, requesting a new card if yours gets lost, looking ahead to preventive services fo...
by mickeyd
Sat Jul 25, 2015 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Today's Vanguard Webinar On Bonds
Replies: 10
Views: 1580

Re: Today's Vanguard Webinar On Bonds

Did you submit your questions at the same time you registered? If so, I think there's a better chance that some of those got asked as opposed to those sent in during the broadcast. I have no way to verify, but, I suspect you are correct. It would take some effort to review, edit, organize, etc. the...
by mickeyd
Thu Jul 23, 2015 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Today's Vanguard Webinar On Bonds
Replies: 10
Views: 1580

Re: Today's Vanguard Webinar On Bonds

I viewed the Webinar and as usual it was well done. I was disappointed that not a single question was included about retirees and the problems they face or how their bond holdings might differ from investors in the accumulation phase I submitted a couple of Qs along those lines but neither was addre...
by mickeyd
Thu Jul 23, 2015 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Online Medicare account and Spousal SS benefits
Replies: 9
Views: 809

Re: Online Medicare account and Spousal SS benefits

I set up an online Medicare account. Not sure what that is, but I received SS benefits (as a spouse) for 4 years and was given a Medicare # associated with my wife's account. When I claimed my own SS benefits last November @ age 70, my Medicare # was changed to one associated with my SS#. How did I...
by mickeyd
Thu Jul 23, 2015 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads plan to utilize Independent Living facilities?
Replies: 61
Views: 4493

Re: Do Bogleheads plan to utilize Independent Living facilities?

We have explored a number of CCRCs in TX and WI and like the concept quite a bit so in a few years we may be moving into a local one that is upscale and available.
by mickeyd
Sun Jul 19, 2015 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Liquidating [funds in UTMA account]
Replies: 15
Views: 1211

Re: Liquidating

Thanks for any help you can offer.


Welcome here. 8-)

If you need cash (looks like you do), sell the investment that gives you the best tax advantage. No one here knows what that is. You are looking for buy low, sell high here.
by mickeyd
Sun Jul 19, 2015 5:54 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1049
Views: 177598

Re: What Movie Have You Recently Watched?

I viewed Lolita last night on TCM. What a great flick and TCM (with not breaks) makes it even better. Thanks TCM :beer
by mickeyd
Sun Jul 19, 2015 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: A retiree's personal experience...
Replies: 39
Views: 8253

Re: A retiree's personal experience...

Retired about 10 years ago. We have lived on DB/SSA income streams as they provide more than enough to pay all of our expenses so far. I will make my first RMD this year and will have the opportunity to have to decide what to do with all of that $. As I once read on this site~ "RMD is a require...
by mickeyd
Sun Jul 19, 2015 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's new Personal Advisor Services
Replies: 56
Views: 9315

Re: Vanguard's new Personal Advisor Services

In terms of business model for VG it is an easy way to generate more revenue from an existing base of clients. So by providing some assistance they get a small bump in revenue for the same funds and the same clients. I am always thinking of ways that VG can lower my ER. This may factor in as a way ...
by mickeyd
Sat Jul 18, 2015 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's new Personal Advisor Services
Replies: 56
Views: 9315

Re: Vanguard's new Personal Advisor Services

I received several emails from VG a few months ago and ignored them. I received a personal phone call from my Flagship rep about a week ago (20 minute call) and received a letter in the mail from VG yesterday encouraging me to "find out how having a dedicated senior financial advisor can help f...
by mickeyd
Thu Jul 16, 2015 4:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ranked #1
Replies: 12
Views: 2379

Re: Vanguard ranked #1

VG finishes #1 in my book every year also. :D
by mickeyd
Sun Jul 12, 2015 6:02 pm
Forum: Personal Consumer Issues
Topic: Selling a used car
Replies: 27
Views: 2264

Re: Selling a used car

Several years ago I had a Camry that was 10+ years old and I needed to get rid it- just to get it out of the garage. I ended up donating it to St. Vincent DePaul who ended up getting $1800 for that junker. Happy all around. :D

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