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by reason-logic
Tue May 12, 2015 12:55 am
Forum: Personal Consumer Issues
Topic: Epoxy garage floor?
Replies: 20
Views: 2074

Re: Epoxy garage floor?

I love a clean garage. I have two homes and have used epoxy coating on one and polyaspartic floor coating on another. I like the polyaspartic flooring better as it can be installed and dry in one day (epoxy takes 3) and it does not fade in direct sun (like the part of your garage floor that extends ...
by reason-logic
Sat May 09, 2015 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Is Retiree Health Insurance Taxable?
Replies: 1
Views: 405

Is Retiree Health Insurance Taxable?

I have fully retired in 2015. As part of an agreement with my former employer, they are providing health insurance for both myself and my wife until I am 65. Is the value of this benefit taxable now that I am not working? If so, how do I determine the value when filing my 1040 for 2015?
by reason-logic
Sun Apr 19, 2015 12:31 am
Forum: Personal Consumer Issues
Topic: mandatory 17% tip at a buffet
Replies: 32
Views: 3612

Re: mandatory 17% tip at a buffet

I wonder how much of this actually made it to staff?
by reason-logic
Thu Apr 16, 2015 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Municipal Bond Default and collecting insurance
Replies: 2
Views: 303

Re: Municipal Bond Default and collecting insurance

I have a few defaulted Detroit bonds, the interest keeps coming via brokerage and there has been no decline in value reflecting insurer backing principal.
by reason-logic
Tue Apr 14, 2015 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Talking to People About Retirement
Replies: 70
Views: 6626

Re: Talking to People About Retirement

I retired in 08 at 49 years old. No one at work who knew me could believe it, I received all sorts of advice, like you will be bored, why not stay and make more, etc. At first I felt maybe I was making a mistake, but after a while I realized most were just jealous. My advice is stick to your plan an...
by reason-logic
Sun Apr 12, 2015 10:00 am
Forum: Investing - Help with Personal Investments
Topic: How to buy bonds
Replies: 3
Views: 292

Re: How to buy bonds

I have a brokerage account at Fidelity and have built a portfolio of hundreds of muni and taxable bonds. While you will pay more as an individual investor (as opposed toe better pricing an institutional investor like a mutual fund receives) if you purchase bonds on the secondary market, if you hold ...
by reason-logic
Sat Mar 14, 2015 1:10 am
Forum: Investing - Help with Personal Investments
Topic: How to create a 3% return portfolio?
Replies: 52
Views: 5726

Re: How to create a 3% return portfolio?

A rated or better muni bonds.
by reason-logic
Thu Mar 05, 2015 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: In what form do you keep your emergency fund?
Replies: 96
Views: 22001

Re: In what form do you keep your emergency fund?

FDIC insured on-line bank savings accounts (0.9-1% interest)
by reason-logic
Thu Mar 05, 2015 1:22 am
Forum: Personal Finance (Not Investing)
Topic: What would you have done differently when retiring?
Replies: 116
Views: 13429

Re: What would you have done differently when retiring?

I retired at 49, but worked as consultant for former employer one day per week for 6 more years. I would do the following differently: 1. Be cautious with real estate transactions. I moved out of CA to reduce tax burdens, immediately bought a house in a non income tax state, then came into significa...
by reason-logic
Thu Mar 05, 2015 1:03 am
Forum: Investing - Theory, News & General
Topic: Fidelity Fixed Income
Replies: 10
Views: 1124

Re: Fidelity Fixed Income

I am retired and hold a portfolio which contains, in part, over 300 separate munis. I am a big fan of individual bonds and have sufficient liquidity to hold all to maturity. My reasons are: 1. Even if I pay a small spread for individual bond, I am not paying annual expenses to muni fund. 2. I can se...
by reason-logic
Mon Mar 02, 2015 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone ever voluntarily downsized their job?
Replies: 32
Views: 3100

Re: Has anyone ever voluntarily downsized their job?

I was an executive at several large public companies and then became a CEO of a private firm in my 40's. I had worked since age 14 and in my career worked very hard, 14 hour days, huge travel, a lot of stress. No health issues but out of shape. I decided at a point in time that I had 2 assets, money...
by reason-logic
Thu Feb 26, 2015 2:59 am
Forum: Personal Consumer Issues
Topic: Subaru and Consumer Reports ratings
Replies: 100
Views: 9974

Re: Subaru and Consumer Reports ratings

I drive a lot in the Pacific Northwest, much of it on 2 lane highways.

I have noticed when I am going slow, 10 MPH below the speed limit and 20 cars stacked up, that the car in front is almost always a Subaru.

Anyone else noticed this and have a reason why?
by reason-logic
Thu Feb 26, 2015 2:37 am
Forum: Personal Consumer Issues
Topic: 3 Kids and 2 Dogs - Next Vehicle
Replies: 31
Views: 2111

Re: 3 Kids and 2 Dogs - Next Vehicle

Ford Expedition, better than Suburban
by reason-logic
Thu Feb 26, 2015 2:35 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Premium
Replies: 18
Views: 1878

Re: Fidelity Premium

I have accounts with both Fidelity and Vanguard.

Without exception, I have found FD service superior. I have 8 figures with them, love the cash management and brokerage service. I use Vanguard for mutual funds as their costs are significantly lower.

What are you looking for at FD?
by reason-logic
Mon Feb 23, 2015 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Citi Cash Rewards vs. Fidelity Amex
Replies: 23
Views: 2907

Re: Citi Cash Rewards vs. Fidelity Amex

I really dislike Fidelity Visa and Amex. Love the 2% cash back, but terrible customer service and lots of decline transactions due to their security screen (even though I have never had a fraud charge on my card). Every time I call it is 20 minutes. I now use Citi Cash Rewards. Can use with Apple Pa...
by reason-logic
Mon Feb 23, 2015 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Advice for how to help a grieving FIL with daily finances
Replies: 16
Views: 1807

Re: Advice for how to help a grieving FIL with daily finance

Obtain his power of attorney, but give him a full accounting each month.

Set up his bills on autopay to reduce the number of checks that need to be written.

Use his bank's bill pay.
by reason-logic
Sun Feb 22, 2015 1:36 am
Forum: Personal Consumer Issues
Topic: Luxury Car
Replies: 86
Views: 7281

Re: Luxury Car

Mercedes SL 550
by reason-logic
Fri Feb 20, 2015 1:12 am
Forum: Investing - Theory, News & General
Topic: Do you invest in Blackstone?
Replies: 5
Views: 996

Re: Do you invest in Blackstone?

Yes, great management.
by reason-logic
Sun Feb 08, 2015 10:30 am
Forum: Personal Consumer Issues
Topic: Worth Upgrading to LED Lighting?
Replies: 45
Views: 3825

Re: Worth Upgrading to LED Lighting?

I have used these for years. I agree they are getting cheaper. While a high up front investment, you will save a ton over their life in energy cost, plus you don't have to constantly pull the ladder out to replace bulbs all the time like incandescents. Recommend you buy one or two as a test to be su...
by reason-logic
Sun Feb 08, 2015 2:33 am
Forum: Personal Finance (Not Investing)
Topic: Citibank Double Rewards %1+%1 Credit Card
Replies: 30
Views: 3439

Re: Citibank Double Rewards %1+%1 Credit Card

I used the FIA (Fidelity) rewards cards like others here, but they are a real pain. If I travelled 50 miles out of town, most transactions rejected (security and fraud prevention). I called and waited on hold forever only to be told that I needed to call anytime I leave town and tell them so transac...
by reason-logic
Sun Feb 08, 2015 2:27 am
Forum: Personal Finance (Not Investing)
Topic: Lending money to family - I can't say no
Replies: 82
Views: 5966

Re: Lending money to family - I can't say no

Perhaps, if you have to do something, suggest she apply at a peer to peer lender, like Lending Club. You can then partially fund her loan along with other investors, so you will have some risk, however she will have to deal with them (Lending Club) if she is late or does not pay. If she does pay, th...
by reason-logic
Sun Feb 08, 2015 2:13 am
Forum: Personal Consumer Issues
Topic: Paperless Office?
Replies: 55
Views: 3360

Re: Paperless Office?

I am completely paperless.

I used Neatconnect wi-fi scanner and the Neat.com cloud storage that also links to Dropbox.

www.neat.com

Never had a problem.
by reason-logic
Fri Jan 23, 2015 11:48 am
Forum: Personal Consumer Issues
Topic: anyone here been to the Super Bowl?
Replies: 23
Views: 2684

Re: anyone here been to the Super Bowl?

I went last year (big Seahawks fan) and plan on attending this year also. I also used to live in Phoenix. I recommend you attend as many of the non game events as possible. If you have time, visit downtown Scottsdale, it is worth the trip. Although there are some NFL events in downtown Phoenix, ther...
by reason-logic
Thu Sep 11, 2014 9:53 am
Forum: Personal Consumer Issues
Topic: Vanguard Lost $50k
Replies: 103
Views: 11158

Re: Vanguard Lost $50k

Thanks to everyone for their advice here. I have finally received a wire transfer from Vanguard returning the 50k, there was no explanation forthcoming on what happened. They did offer to reimburse any fees I incurred (which was none) which I appreciate. I am still disconcerted over this experience....
by reason-logic
Mon Sep 08, 2014 1:39 am
Forum: Personal Consumer Issues
Topic: Vanguard Lost $50k
Replies: 103
Views: 11158

Re: Vanguard Lost $50k

I appreciate all of the advice, except for those who somehow think I am a plant for some other brokerage or am sitting in a hot tub (even if I liked hot tubs I do not know what that has to do with my situation). I am a retired businessman who learned that the most important asset to any business tra...
by reason-logic
Sat Sep 06, 2014 10:13 am
Forum: Personal Consumer Issues
Topic: Vanguard Lost $50k
Replies: 103
Views: 11158

Vanguard Lost $50k

Need some advice. I made a mutual fund purchase of $50k on 8-29-14. On 9-2, Vanguard transferred the 50k from my bank account, then transferred another 50k (for a total of 100k) via ACH. I noticed on 9-3, called my bank they confirmed Vanguard requested the funds and the bank transferred the 100k to...
by reason-logic
Sat Jun 07, 2014 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Intra-Family Mortgage
Replies: 32
Views: 3037

Re: Intra-Family Mortgage

Yes. My son relocated and started a new job 3 years ago. He could not qualify for a mortgage.

We loaned him the money to purchase the home. I hired an attorney to draft the note and have the mortgage recorded just like a bank would do. He has made every payment on time.
by reason-logic
Thu May 29, 2014 1:09 am
Forum: Investing - Theory, News & General
Topic: Share Options - need advice
Replies: 4
Views: 305

Re: Share Options - need advice

Stock options are complex, especially with private companies. There can be significant tax exposure if you exercise the options (and turn them into shares) without guaranteed liquidity event the the event he options are non-qualified. However, if you can afford to exercise and own the shares for one...
by reason-logic
Thu May 29, 2014 1:03 am
Forum: Personal Finance (Not Investing)
Topic: Costs that go down/away or go up/first appear in retirement
Replies: 30
Views: 2949

Re: Costs that go down/away or go up/first appear in retirem

I retired about 6 years ago, a few things that may go up; 1. Utilities, if you worked and your home was idle during the day. 2. Recreation. You have a lot more time to enjoy. 3. Health Care, obvious. 4. Meals (if in your job you travelled and some meals were covered by employer via expense reports)....
by reason-logic
Sat May 17, 2014 12:31 am
Forum: Personal Consumer Issues
Topic: West coast snowbird questions
Replies: 14
Views: 1373

Re: West coast snowbird questions

I retired in 2008 and moved from the Bay Area to Gig Harbor, WA (about 45 minutes SW of Seattle). As a life long Californian, I too worried about the winters, but frankly that is overblown. I live adjacent to Puget Sound and kayak almost every day from April through end of October. We may get one sn...
by reason-logic
Sat May 10, 2014 1:03 am
Forum: Personal Finance (Not Investing)
Topic: heirs and bequest motivation
Replies: 52
Views: 3964

Re: heirs and bequest motivation

I am fortunate to have 3 wonderful children (all adult and working) and six grandchildren (I am 55). I felt the best thing I could do now was to completely fund 529s for all of my grandchildren. This has the advantages of 1) tax free income in the 529s; 2) allow my children to have immediate financi...
by reason-logic
Fri Apr 18, 2014 12:58 am
Forum: Personal Finance (Not Investing)
Topic: time off for interview
Replies: 11
Views: 1459

Re: time off for interview

Don't lie or be dishonorable, tell your current employer the truth.
by reason-logic
Fri Apr 18, 2014 12:57 am
Forum: Personal Consumer Issues
Topic: I need a new coffee maker, any recommendations?
Replies: 66
Views: 15336

Re: I need a new coffee maker, any recommendations?

The best coffee make I have owned is a Jura.
by reason-logic
Fri Apr 18, 2014 12:56 am
Forum: Forum Issues and Administration
Topic: *poor* Bogleheads
Replies: 78
Views: 13580

Re: *poor* Bogleheads

I have done well financially in the past 10 years, but I spent many years before that with a very meager income. This forum will help you in many ways. I suspect if you are reading this, you have the desire to be a better manager of your money. So participate, please. You will learn a lot and who kn...
by reason-logic
Tue Apr 08, 2014 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: California Taxes - Am I Missing Something?
Replies: 142
Views: 11070

Re: California Taxes - Am I Missing Something?

I was born and raised in CA, but finally had enough of not being able to get ahead financially due to the high costs involved there. I moved to WA in 2008 and have found out the real "tax" on my living standards I experienced when I lived in CA: 1. As mentioned by others, 13% top income ta...
by reason-logic
Thu Dec 26, 2013 10:28 am
Forum: Personal Finance (Not Investing)
Topic: I think low cost of living trumps retiring in a no state in
Replies: 80
Views: 5429

Re: I think low cost of living trumps retiring in a no state

I moved from CA to WA when I retired. No income tax here really helps, plus the cost of living is much lower. Other than Alaska, I suspect all of the other no income tax states also have low cost of living. The high income tax states like CA, NY, NJ also have high cost of living.
by reason-logic
Sat Nov 23, 2013 9:56 am
Forum: Personal Consumer Issues
Topic: Retiring at 50
Replies: 67
Views: 9011

Re: Retiring at 50

I retired 4 months shy of my 50th birthday. That was 5 years ago. Here is what I have learned: 1. If you are married or in relationship, make sure you communicate on goals. When I worked, I travelled extensively. After retirement, I switched my need to "manage" to things around the house, ...
by reason-logic
Fri Oct 11, 2013 12:38 am
Forum: Personal Finance (Not Investing)
Topic: CapitalOne 360 check upload problems
Replies: 6
Views: 1124

Re: CapitalOne 360 check upload problems

You can mail the deposit to them.
by reason-logic
Fri Oct 11, 2013 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Fair or not [Financially supporting one child over another]
Replies: 57
Views: 4314

Re: Fair or not [Financially supporting one child over anoth

Since life is not fair, use you best judgement. Treat your children like the individuals they are. I have 3 grown children, all older than 30. One has borrowed money numerous times, has always paid me back on time. One has never asked for money. The third has "borrowed" money but never att...
by reason-logic
Fri Oct 11, 2013 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Loan Help for a newbie
Replies: 13
Views: 584

Re: Loan Help for a newbie

You want to take out a mortgage. You can find current mortgage rates on the internet by checking http://www.bankrate.com or other sites for a range of rates. Generally the less you borrow the lower the rate, and also the shorter the term of the loan the lower the rate, so a 15 year mortgage is cheap...
by reason-logic
Mon Oct 07, 2013 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Debt consolidation
Replies: 2
Views: 281

Re: Debt consolidation

Have them check Lending Club.


www.lendingclub.com
by reason-logic
Tue Oct 01, 2013 12:10 am
Forum: Personal Consumer Issues
Topic: [Moving to] Palm Springs Area CA
Replies: 34
Views: 1929

Re: Palm Springs Area CA

I was born in CA desert and lived (mostly) in CA until I retired to WA in 08. California has nice winter weather. But based on experience, be ready for following: 1. Nation's highest state income tax. 2. Very high electricity cost (important AC costs a lot in the desert summers). 3. Very high water/...
by reason-logic
Thu Aug 22, 2013 12:43 am
Forum: Investing - Help with Personal Investments
Topic: AA-tracking tool?
Replies: 30
Views: 2453

Re: AA-tracking tool?

I use Investoscope on OSX.

Not free but works great with funds, stocks and bonds. You can enter dividends, interest and reinvestments and track IRR by asset or portfolio.

http://www.investoscope.com/
by reason-logic
Fri Aug 16, 2013 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Municipal Bonds - Pro's and Con's
Replies: 28
Views: 3640

Re: Municipal Bonds - Pro's and Con's

I have invested significant amounts into individual muni's. I have built a ladder of bonds with an average maturity of 5 years. You can purchase bonds on the secondary market through Vanguard Brokerage service. I recommend you screen for bonds that are insured, are at least A rated and diversify, di...
by reason-logic
Wed Jul 24, 2013 12:45 am
Forum: Personal Consumer Issues
Topic: Class action law suits
Replies: 30
Views: 2833

Re: Class action law suits

Ever wonder if we would all be better off it everyone opted out of these (typically) silly lawsuits and then made more on our investments when companies had better earnings by not paying out these settlements along with both side's attorney fees?
by reason-logic
Wed Jul 24, 2013 12:42 am
Forum: Personal Consumer Issues
Topic: The hazards of retiring ...
Replies: 73
Views: 8654

Re: The hazards of retiring ...

I retired at 50, I will risk Alzheimer's rather than working until 70 and dying of a heart attack or stroke. Better to enjoy your time while you have it, as 100 years from now we will all be in the same place.
by reason-logic
Tue Jul 23, 2013 12:32 am
Forum: Investing - Theory, News & General
Topic: Leaving Wells Fargo Brokerage
Replies: 53
Views: 5616

Re: Leaving Wells Fargo Brokerage

I was a long time Wells customer (started with Norwest and ended at Wells Fargo Private Bank). I found the relationship was all about fees. They wanted a % of asset deal to manage my funds and would not even provide a firm commission schedule for their full service broker. I too have had it with the...
by reason-logic
Sun Jul 21, 2013 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Finding Notary
Replies: 26
Views: 1188

Re: Finding Notary

If you have a PMA or Private Bank account at Wells they will do at no cost.
by reason-logic
Thu Jul 11, 2013 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: At what networth is it not worth working at X salary?
Replies: 34
Views: 6434

Re: At what networth is it not worth working at X salary?

I really struggle with this. I am 54, net worth $24 million, but I am still insecure about running out of money. My old firm pays me 80k a month for 12 hours a week. Am I insecure, a workaholic or just nuts? You work 12 hours per week for $960,000 per year? Sounds like a good gig but at $24 million...

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