Search found 349 matches

Return to advanced search

Re: Helping out family members

Agree strongly with others suggesting you consider it a no strings gift. Forgiveness is good for the soul. It is not the same as forgetting. You would not be taking this money out of net savings because you don't as yet have any. Therefore, since you would be using other funds that would otherwise g...
by musbane
Mon Dec 15, 2014 10:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Helping out family members
Replies: 64
Views: 4452

Re: Hudson Bay Company Blanket

LL Bean has been selling them since 1925. Still have ours from about 1978. Still in good condition. Don't use it any more. Prefer fairly heavy down comforter. After you get used to one , your body learns to stick more or less arms and legs outside it to regulate temperature without waking up. Price ...
by musbane
Mon Dec 08, 2014 11:45 pm
 
Forum: Personal Consumer Issues
Topic: Hudson Bay Company Blanket
Replies: 8
Views: 1550

Re: how to join nylon webbing?

Sailers are faced with this task all the time.

Overlap the two ends by at least the width of the strap. Then, using sailmakers thread (Dacron - won't rot from the sun) sew them together in an 'X' pattern.

A palm would be useful, but you can probably do it with a thimble.
by musbane
Sun Dec 07, 2014 11:14 pm
 
Forum: Personal Consumer Issues
Topic: how to join nylon webbing?
Replies: 26
Views: 1748

Re: Family jewels, kind of.

Agree with all the 'no' posts above. Small additional point. If the inlaws really believe they got a good deal on these, then by accepting the deal, you will not only have a bad deal, but you will OWE them forever :oops: . I've been married almost 40 years. Talk to your girlfriend. If she really doe...
by musbane
Sun Dec 07, 2014 11:00 pm
 
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3323

Re: Help with global ETfs from New Zealand

I agree with Value Thinker here. Sounds like a combination of the 80-20 rule and "Don't let the desire for a perfect plan ruin a good plan". So precisely how would a NZ citizen invest in this ETF with the least cost? And what about a dual USA/NZ citizen residing in NZ? (Two different people)
by musbane
Sat Nov 22, 2014 12:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with global ETfs from New Zealand
Replies: 21
Views: 1622

Re: Planning to Retire at 55

You look good. Think seriously about converting IRAs to Roths gradually up to maybe the end of the 15% bracket in the early years of your retirement while you are living on taxable funds and before taking SS. Also agree on waiting till 70 for SS. You have a long time till Medicare. Make sure you are...
by musbane
Wed Nov 05, 2014 11:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Planning to Retire at 55
Replies: 22
Views: 3481

Re: LED Christmas lights?

Not for us .

We still use candles...
by musbane
Wed Nov 05, 2014 1:15 am
 
Forum: Personal Consumer Issues
Topic: LED Christmas lights?
Replies: 19
Views: 3239

Re: Where to with Cash?

I know the feeling. My CDs are all coming due this January. I know I need to keep it in fixed income, but there are no good choices.
by musbane
Sat Nov 01, 2014 11:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where to with Cash?
Replies: 34
Views: 2807

Re: Where to with Cash?

Well, I'm 67 too. 2008 was hard for me also. After it went back up again, we decided that we had too large a pct. in stocks and we altered our plan to include more bonds. Well, in our case CDs. They're right, above, you know. Read some of the recommended books Likely, you are simply realizing that y...
by musbane
Sat Nov 01, 2014 10:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where to with Cash?
Replies: 34
Views: 2807

Re: Investing in Art, Antiques, and Collectibles and wines

An interesting point about investing in great wine is that it should grow in value for three distinct reasons. I can think of no other commodity where this is true. 1) assuming something like a Latour from a good recent year, it will keep up with inflation like other commodities. 2) it will get rare...
by musbane
Sat Nov 01, 2014 10:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in Art, Antiques, and Collectibles and wines
Replies: 53
Views: 4077

Re: Are we really in the 0% bracket?

I must apologize for appearing to not follow up sooner than this. I actually did yesterday and submitted it only to find out now that it disappeared - went poof! In the mean time a lot of great answers/theories were brought forward by the members of this forum and we thank you all for chiming in and...
by musbane
Thu Oct 30, 2014 2:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are we really in the 0% bracket?
Replies: 32
Views: 3924

Are we really in the 0% bracket?

I find this strange. Background: Married filing jointly Retired no ss yet We have been converting to Roth for about 6 years up to the end of the 15% bracket. $6600 qualified dividends in a taxable account. This year we have $70000 in long term capital gains in a taxable account. We're not used to th...
by musbane
Tue Oct 28, 2014 2:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are we really in the 0% bracket?
Replies: 32
Views: 3924

Re: Poll: which portion of the chart shows higher volatility

Well, Clive, so did I, which accounts for most of the votes on our side :sharebeer
by musbane
Thu Oct 16, 2014 10:48 am
 
Forum: Investing - Theory, News & General
Topic: Poll: which portion of the chart shows higher volatility?
Replies: 26
Views: 1476

Re: Need dispensation to pay ROTH conversion taxes from tIRA

OK, you have run out of your (presumably taxable) mm fund. What are you living on? If you will have to take funds out of a Roth to avoid going over the 15% bracket, than converting into a Roth ouldn't make sense. Otherwise I see no objection. Oh, and if you think I'm suggesting that you are an idiot...
by musbane
Tue Oct 14, 2014 2:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need dispensation to pay ROTH conversion taxes from tIRA
Replies: 25
Views: 836

Re: You and your spouse

Retired almost 40 year married guy here. I do all of our investing with substantial help from many bogleheads to whom I am indebted. My wife does all our taxes. Neither of us does anything substantial without discussion. We have never had a disagreement about either of these endeavors. Other issues,...
by musbane
Tue Oct 14, 2014 4:29 am
 
Forum: Investing - Help with Personal Investments
Topic: You and your spouse
Replies: 2
Views: 741

Re: Does your ROTH hold risky or stable items?

Retiree here. I have about 40% of my liquid assets in a Roth, all from IRA conversions and all in tilted equities. All from conversions in the last six years that have done quite well. Except for the last month as per Livesoft. I have now run out of taxable money, and will be withdrawing from IRAs t...
by musbane
Tue Oct 14, 2014 4:01 am
 
Forum: Investing - Theory, News & General
Topic: Does your ROTH hold risky or stable items?
Replies: 56
Views: 3553

Re: it will take me about 38 years to reach $1M at this rate

The trick over the rest of your career is to save most of any raises you get. This wins two ways. One, your saving rate goes up more quickly relatively painlessly. Two, you don't get used to a higher standard of living than you can afford. It's what people here mean by 'living below your means'. Thi...
by musbane
Sat Oct 11, 2014 8:09 am
 
Forum: Investing - Help with Personal Investments
Topic: it will take me about 38 years to reach $1M at this rate
Replies: 25
Views: 3363

Re: A safe full of cash

Certainly it is possible to imagine scenarios where cash is of no help. But I at least find it easier to think of situations where cash would likely be far more useful than stocks, bonds, or even money in the bank. Such as right now in Baja Sur. No Internet, little telephone... If this goes on, then...
by musbane
Thu Sep 18, 2014 10:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: A safe full of cash
Replies: 22
Views: 3108

Re: Hamilton watches, worth the money?

I bought a self winding Hamilton a few (3?,4?) years ago on line for about $400 and I am compleatly satisfied. Quite accurate for an automatic and even I can't scratch the sapphire face!
by musbane
Sun Sep 14, 2014 7:42 pm
 
Forum: Personal Consumer Issues
Topic: Hamilton watches, worth the money?
Replies: 262
Views: 14964

Re: How to ship automobile cross country?

I don't disagree totally with jack above, but I just had an interesting and maybe relevant experience. I bought a fairly rare car from a dealer in New Hampshire and needed to ship it to Seattle area. The car was 2 years old and had an extended Factory (not dealer or third party) warranty. I made the...
by musbane
Sun Sep 14, 2014 12:16 pm
 
Forum: Personal Consumer Issues
Topic: How to ship automobile cross country?
Replies: 3
Views: 420

Re: POLL: What was the first stock you ever bought?

Sometime in the 60's when I was about 15, I got my father to sell the few shares of ESSO he had given me (he worked for them) and buy Ling Temco Vought (LTV) which did quite well.
by musbane
Fri Sep 05, 2014 12:59 am
 
Forum: Investing - Theory, News & General
Topic: POLL: What was the first stock you ever bought?
Replies: 74
Views: 3032

Re: Inflation Protected Annuity versus TIPs ladder

BobK,
As far as I know, all deferred, inflation adjusted annuities are not inflation adjusted from the time you buy them to the time they start to pay off. Are there some that I missed? Or are you suggesting a non inflation adjusted annuity?
by musbane
Fri Sep 05, 2014 12:44 am
 
Forum: Investing - Theory, News & General
Topic: Inflation Protected Annuity versus TIPs ladder
Replies: 9
Views: 978

Re: Sports Motivation Waning

I, too was a competitive player for about 40 years. But my shoulder hasn't let me play at all, at all for some years now. I am going to have shoulder surgery in about 3 weeks, and if successful, I will be able to play again, in which case, I assure you that I won't give a rat's patootie who wins. Te...
by musbane
Fri Aug 29, 2014 8:45 pm
 
Forum: Personal Consumer Issues
Topic: Sports Motivation Waning
Replies: 18
Views: 1692

Re: Investing in US from New Zealand

Thanks, Ted. Yes, my wife cannot inherit from me with the unlimited deduction. But I believe taxes don't kick in until $5,000,000. Plus, since they seem to keep moving the bar, I've been gifting her the max every year since I became aware of the problem, to the point where I now own nothing but my I...
by musbane
Fri Aug 15, 2014 12:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1470

Re: Investing in US from New Zealand

Thanks again. Does the fact that the girl is a dual citizen as opposed to being either a NZ or US citizen matter? Also, for him, US inheritance taxes don't kick in until after $5,000,000. So can he ignore that? I called Schwab and confirmed that she can open an account and trade ETFs cheap or free. ...
by musbane
Fri Aug 15, 2014 10:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1470

Re: Investing in US from New Zealand

Well, this all is just a wealth of information and is a perfect example of the value of this forum .

My friends and I thank you and will now get down to examining all this and coming up with a plan.
by musbane
Thu Aug 14, 2014 9:27 am
 
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1470

Re: Investing in US from New Zealand

I think maybe my title Is misleading.

I will be advising them to invest in international equities and maybe some international bonds.

Thank all who have responded so far.
by musbane
Wed Aug 13, 2014 1:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1470

Re: Investing in US from New Zealand

Jeeze...well, their beginning investments are more likely to be in the hundreds range rather than thousands if that means anything...

I'm hoping that the best option doesn't seem to become buying gold and burying it :|
by musbane
Wed Aug 13, 2014 12:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1470

Investing in US from New Zealand

I have two dear friends - 22 years old - boyfriend, girlfriend - who want to start investing for their future. They have come to me for advice, poor people, so I'm coming to you. Problem is that they both live in New Zealand. He is a NZ citizen, although she is duel with US, having been born here Th...
by musbane
Wed Aug 13, 2014 10:30 am
 
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1470

Re: POLL: Do/did you get a match? How much?

6% match in 401k
Additional 9% in lieu of pension .

I voted 6%, but it felt like 15% :sharebeer
by musbane
Fri Jun 06, 2014 8:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: POLL: Do/did you get a match? How much?
Replies: 67
Views: 4283

Re: Outdoor fire pit? Yea or Nay

We have had a fire pit for the past 12 years. We cook on it often and even keep supplies of different firewood (maple,alder and mesquite) on hand.

We invite our neighbors over for dinner around it several times a year and have had no complaints.
by musbane
Tue May 06, 2014 4:35 am
 
Forum: Personal Consumer Issues
Topic: Outdoor fire pit? Yea or Nay
Replies: 62
Views: 7933

Re: SS Strategy Metric

Cut-throat

Is 72 a typo for 62?
by musbane
Sat Apr 19, 2014 4:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: SS Strategy Metric
Replies: 55
Views: 4411

Re: Partials vs implants

Another vote for implants. I've had seven or eight (actually lost track of the total) in the last 25 years. Zero trouble with any of them and the procedure has become more comfortable over the years. Of course I could have taken the money and invested it in low cost index funds and be one or two hun...
by musbane
Fri Apr 11, 2014 8:24 am
 
Forum: Personal Consumer Issues
Topic: Partials vs implants
Replies: 29
Views: 3341

Re: Best Movies of 2013

How about The Broken Circle?
Belgian bluegrass tear jerker.
by musbane
Mon Mar 31, 2014 10:23 am
 
Forum: Personal Consumer Issues
Topic: Best Movies of 2013
Replies: 83
Views: 6577

Re: Used $35k Porsche on $64k income?

I was going to respond with a knee jerk no when I smelled the hypocracy. In my early 20's with no income to brag about, I scraped everything together for a 10 year old Porsche 356SC that I oh so dearly loved. I guess it worked out. I'm 66 now and can drive anything I want. But I spent my 20's in pov...
by musbane
Mon Mar 10, 2014 9:47 pm
 
Forum: Personal Consumer Issues
Topic: Used $35k Porsche on $64k income?
Replies: 95
Views: 6957

Re: Any sailboat owners out there?

Like many things, sailing can be done in different ways. Upon early retirement, we sold our house, moved aboard our boat and cruised (also known as "repairing your boat in exotic places"). We found it much cheaper than living in a house. Sailing can be cheap or beyond insanely expensive. Y...
by musbane
Sun Mar 09, 2014 10:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Any sailboat owners out there?
Replies: 10
Views: 1073

Re: I'm feeling old today

In the 50's, I was a hard working 10 year old getting ready to take over center field for the Yankees when Mantle retired...
by musbane
Wed Feb 12, 2014 9:56 pm
 
Forum: Personal Consumer Issues
Topic: I'm feeling old today
Replies: 97
Views: 7296

Re: Have you ever moved for lower cost of living?

When first married, I lived in Ct., commuting to NY.
Then my Co. Moved us to Houston - this involved promotion and raises.
Then they moved me north of Seattle. This also involved promotion and raises.

It has given me something of a skewed view of cost of living. :wink:
by musbane
Fri Nov 08, 2013 7:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Have you ever moved for lower cost of living?
Replies: 72
Views: 6139

Re: Current Retirees: how much tax you pay?

I chose 6 - 10, but it would have been zero were it not for Roth conversions to the top of the 15% bracket.
by musbane
Fri Nov 08, 2013 7:28 pm
 
Forum: Investing - Theory, News & General
Topic: Current Retirees: how much tax you pay?
Replies: 55
Views: 6668

Re: Scared of early withdrawal penalties

And in the "small comfort" category, you are locked in only until age 59 1/2.
by musbane
Sun Nov 03, 2013 10:33 am
 
Forum: Investing - Help with Personal Investments
Topic: Scared of early withdrawal penalties
Replies: 14
Views: 1021

Re: A Boglehead Running the Fed!

Maybe she really is a Boglehead.

If so, I wonder who?
by musbane
Thu Oct 10, 2013 11:14 pm
 
Forum: Investing - Theory, News & General
Topic: A Boglehead Running the Fed!
Replies: 24
Views: 4095

Re: Any Jeep enthusiasts? They seem to retain their value

They can hold their value fairly well. Last year we bought a 2005 Rubicon with 30k miles for $24,000. The Rubicon package only makes sense if you do some fairly serious off roading - particularly in rocks. They are not the most reliable cars out there and their gas mileage is horrible. They have all...
by musbane
Wed Sep 18, 2013 9:00 pm
 
Forum: Personal Consumer Issues
Topic: Any Jeep enthusiasts? They seem to retain their value
Replies: 25
Views: 2782

Re: Early retirees - did you pay off your house?

Retired 12 years ago at age 53. Immediately put the house up for sale. When it sold ( took a year - dot com and WTC and all that) I payed off mortgage on house, boat and land. Then we moved onto the sailboat and bought an rv for the winter.
by musbane
Wed Sep 11, 2013 11:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Early retirees - did you pay off your house?
Replies: 27
Views: 2313

Re: The Perils Of Picking Past Winners

OK, I think I have found the heart of this guy's dislike for vanguard. In the comments section he says, What disturbs me about Vanguard is that they have marketed themselves so well, that an ever increasing majority Of our population believes two things: 1. Actively managed investments, and the fees...
by musbane
Wed Jul 24, 2013 12:28 am
 
Forum: Investing - Theory, News & General
Topic: The Perils Of Picking Past Winners
Replies: 28
Views: 2035

Re: Joining a religious order with a poverty vow

If I read the OP correctly, there is no intent to evade taxes - rather to keep assets hidden from the church.

Is there such a thing as 'tithe evasion'?
by musbane
Thu Jul 04, 2013 9:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Joining a religious order with a poverty vow
Replies: 62
Views: 3203

Re: Advisor resisting request to stop whole-life and move Ro

When I transferred everything (no insurance products, but lots of horrible mutual funds and individual stocks and bonds) from Merril Lynch to Fidelity, I had the same concerns. The broker had been my father's before me and I dreaded the inevitable confrontation. But I took the advice I received here...
by musbane
Thu Jun 27, 2013 6:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advisor resisting request to stop whole-life and move Roth
Replies: 28
Views: 1408

Re: Live next to gas station?

Aren't houses next to gas stations, RR tracks, etc. much more likely to be rentals?
by musbane
Fri Jun 21, 2013 7:55 pm
 
Forum: Personal Consumer Issues
Topic: Live next to gas station?
Replies: 44
Views: 3859

Re: Investing in the stock market for the SHORT term

But Peter, how do you know it is a horrible time? Perhaps it will only be getting horribler...
by musbane
Fri Jun 21, 2013 6:52 pm
 
Forum: Investing - Theory, News & General
Topic: Investing in the stock market for the SHORT term
Replies: 37
Views: 2014

Re: Investing in the stock market for the SHORT term

Well, if, as it seems, you are reasonably well off, then $2,000 is just another bill and you won't be invsting seperately just for that. It simply fits into all the other bills and income and therefor BECOMES part of your long term.
by musbane
Thu Jun 20, 2013 11:03 pm
 
Forum: Investing - Theory, News & General
Topic: Investing in the stock market for the SHORT term
Replies: 37
Views: 2014

Re: Dividends Are Different?

However, the behavioral aspect of investing is probably the most critical piece of all. If a retiree can meet income needs with dividends, then share selling is unnecessary regardless of price. This can allow one to sleep easy at night regardless of bear markets or market volatility. Case in point:...
by musbane
Mon Jun 17, 2013 10:30 pm
 
Forum: Investing - Theory, News & General
Topic: Dividends Are Different?
Replies: 207
Views: 9501
Next

Return to advanced search