Search found 2966 matches

by Ged
Wed Jan 18, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2437

Re: Never had a credit card, should I get one?

Consumer protections are not as good with a debit card. It's a serious reason to use a credit card instead.
by Ged
Wed Jan 18, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 69
Views: 6466

Re: Fed Rate to 3%

If you seriously think Janet will be running the fed in 2019 you're crazy. She is getting a new boss soon who is not a big fan. Nobody knows where interest rates will be in 2019. Nobody knows what interest rates will be in 2019. However it's worth noting that the new boss is not a fan of very low i...
by Ged
Wed Jan 18, 2017 7:41 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 69
Views: 6466

Re: Fed Rate to 3%

Nick341981 wrote:If you seriously think Janet will be running the fed in 2019 you're crazy. She is getting a new boss soon who is not a big fan. Nobody knows where interest rates will be in 2019.


Nobody knows what interest rates will be in 2019. [OT comment removed by admin alex]
by Ged
Wed Jan 18, 2017 5:11 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 69
Views: 6466

Re: Fed Rate to 3%

I'm a retired guy with a 40/60 allocation mostly in short and intermediate bond funds. I will rebalance if the value of the bonds drop more than 10%.

Otherwise I welcome our new higher yield overlords.

Now back to my nap.
by Ged
Wed Jan 18, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Biting the bullet and getting off the roof.
Replies: 30
Views: 3323

Re: Biting the bullet and getting off the roof.

AAA wrote:My suggestion is to just hire someone each Fall, after the leaves come down. My guy charges $100 and is well worth it.


This is what I do - every fall I pay a lawn guy to come out and de-leaf my lawn and gutters, and power wash the north side of my house which accumulates green stuff on the siding.
by Ged
Tue Jan 17, 2017 5:06 pm
Forum: Personal Consumer Issues
Topic: Refinancing 2017 Honda Civic. Honda Financial services added $75 to my loan.
Replies: 18
Views: 1318

Re: Refinancing 2017 Honda Civic. Honda Financial services added $75 to my loan.

It appears that they can charge you up to $75 when you prepay if the unpaid balance is more than $2000.

http://law.justia.com/codes/california/ ... 984.5.html

(iii) Seventy-five dollars ($75) if the unpaid balance exceeds two
thousand dollars ($2,000).
by Ged
Mon Jan 16, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2854

Re: Is the housing market like stocks? When do you think prices fall again?

Part of the confusion with real estate is that there are generally two components to purchasing a house. The first is the actual cost of the house, and the second is the cost of the financing. The life cycle financing cost often is greater than the cost of the house, and the total cost of the transa...
by Ged
Sun Jan 15, 2017 5:41 pm
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 52
Views: 2068

Re: Recommendations for home paper shredder

F150HD wrote:where specifically do you put the oil?


Into the paper feed in the top. Basically an eyedropper full distributed along the metal feeders.
by Ged
Sun Jan 15, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard on finding a dead person's password
Replies: 86
Views: 6643

Re: Vanguard on finding a dead person's password

Finding a dead person's password could theoretically be useful in order to monitor an account while the courts are working on getting the will processed and an executor named, but also be illegal to use. What should happen is that on death as executor you call the banks and brokerage houses, inform ...
by Ged
Sat Jan 14, 2017 11:18 pm
Forum: Personal Consumer Issues
Topic: Upgrade or just buy new? [Computer]
Replies: 44
Views: 2431

Re: Upgrade or just buy new? [Computer]

PFInterest wrote:It's scary people are still on XP. Go get a new computer!


Yes. You probably have ancient hardware which is getting ready to die.
by Ged
Sat Jan 14, 2017 10:05 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4921

Re: Why not put it all in TIPS?

If you have enough to satisfy all needs, I think it is a reasonable idea.

I might consider diversifying a bit though. For example inflation linked bonds denominated in Swiss Francs. Precious metals. Etc.
by Ged
Sat Jan 14, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Let's say you are dying this year
Replies: 46
Views: 6503

Re: Let's say you are dying this year

Do they have any valuable antiques or collectibles? If so, and they know where they can get good money for them, have them sell these now. I think this would be a mistake because after death they would be subject to a basis reset while before death you would be subject to capital gains taxes on any...
by Ged
Sat Jan 14, 2017 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Let's say you are dying this year
Replies: 46
Views: 6503

Re: Let's say you are dying this year

The one thing I would do is see if there are any small accounts, unused credit cards and so forth lying around. You may find consolidating these much easier to do before death than afterwards. Some banks are really terrible at processing requests from executors. Especially if you don't live in the a...
by Ged
Sat Jan 14, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity [Customer Service Reputation]
Replies: 73
Views: 4855

Re: Vanguard vs. Fidelity [Customer Service Reputation]

I had assets at both Fidelity and Vanguard for several years. Mostly Vanguard funds. When my father passed I was the executor of his estate. He had his assets at Fidelity. When I called Fidelity they put me in touch with their estate group who immediately did exactly what I needed with great profess...
by Ged
Sat Jan 14, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 52
Views: 2068

Re: Recommendations for home paper shredder

About a year ago I purchased this: https://www.amazon.com/gp/product/B00Q3KG1L8/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 […] +1 for that Amazon-branded shredder. I have the smaller $70 8-sheet version of that shredder, still with the micro-cut size .[…] At (5/32 by 15/32 inches) it is not rea...
by Ged
Sat Jan 14, 2017 8:35 pm
Forum: Personal Consumer Issues
Topic: Desktop PC monitors
Replies: 13
Views: 1150

Re: Desktop PC monitors

I currently have two 24" screens for my desktop PC. I use both screens (multiple browsers or browser + word/excel/etc). I would like to reduce down to just one screen. What makes sense, 27" or 32"? Is 1080P good enough? I have a Dell 32" 2560x1600. I particularly like the extend...
by Ged
Sat Jan 14, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 52
Views: 2068

Re: Recommendations for home paper shredder

About a year ago I purchased this: https://www.amazon.com/gp/product/B00Q3KG1L8/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 I am very happy with it. It's a bit more elaborate than the typical home shredder but it has worked out very well for me. I've used all of it's functions including shredding...
by Ged
Wed Jan 11, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: New Amazon Prime card, no annual fee, 5%(!) back on Amazon purchases
Replies: 72
Views: 6625

Re: Amazon Prime Rewards Visa Signature Card

I signed up for this today as well. Since I am a heavy user of Prime services anyway it seemed like an obvious thing to do. It also came with a $70 credit which almost balances off a year of Prime right away. It also advertises no foreign exchange fees. Not really important to me as I have other car...
by Ged
Wed Jan 11, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: Bonded Leather
Replies: 12
Views: 1076

Re: Bonded Leather

From Wikipedia: Bonded leather, also called reconstituted leather or blended leather, is a term used for a manufactured upholstery material which contains animal hide. It is made as a layered structure of a fiber or paper backer, a pulp made from shredded leather, and a polyurethane coating which is...
by Ged
Tue Jan 10, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: NJ sales tax reduced from 7% to 6.875%; NJ estate tax exclusion amount increased to $2 million
Replies: 29
Views: 2477

Re: NJ sales tax reduced from 7% to 6.875%; NJ estate tax exclusion amount increased to $2 million

I think there's a lot of fine print that I read about. Meaning that, yes, a retired couple can have 100k of income exempted but I believe if the total of pensions, investment income, etc exceeds 100k, there is no exemption at all. I hope I am wrong and somebody can tell me so. One thing to note is ...
by Ged
Mon Jan 09, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: NJ sales tax reduced from 7% to 6.875%; NJ estate tax exclusion amount increased to $2 million
Replies: 29
Views: 2477

Re: NJ sales tax reduced from 7% to 6.875%; NJ estate tax exclusion amount increased to $2 million

Thanks for the nice reminder. I never quite understood the politics of making reductons equal to increases. I for one though was very happy. And frankly it probably kept me in NJ for life now instead of having myself moved to NY when in my last few years. I just hope they don't put it back again al...
by Ged
Mon Jan 09, 2017 7:03 pm
Forum: Personal Consumer Issues
Topic: Optimum cable and 2nd modem?
Replies: 27
Views: 1261

Re: Optimum cable and 2nd modem?

Thanks. The TP-link is $10. https://www.amazon.com/TP-Link-5-Port-Ethernet-Desktop-TL-SF1005D/dp/B000FNFSPY/ref=pd_lpo_147_bs_lp_t_2?_encoding=UTF8&psc=1&refRID=4JE31RRD0Z05M367ZHD3 The Netgear is a gigabit switch that comes with a lifetime warranty, the TP-Link is 100MB and the warranty 2 ...
by Ged
Mon Jan 09, 2017 5:43 pm
Forum: Personal Consumer Issues
Topic: Optimum cable and 2nd modem?
Replies: 27
Views: 1261

Re: Optimum cable and 2nd modem?

htdrag11 wrote:
This sounds like the simplest and least expensive. Putting the router in different places would face WAF issues.



I normally use this product:

NETGEAR GS105NA Prosafe 5-Port Gigabit Switch

It goes for $20 on Amazon at the moment.
by Ged
Mon Jan 09, 2017 5:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 100
Views: 13149

Re: Sad News About a Respected Forum Member

Ole Meph is one of the great resources that make this site a unique font. He will be missed.
by Ged
Mon Jan 09, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Optimum cable and 2nd modem?
Replies: 27
Views: 1261

Re: Optimum cable and 2nd modem?

You almost sound like you are trying to create a second network .. split into two ? Is this true? That is not my original intent. I was trying to split the incoming cable into 2 separate modems, or networks in this case. See my reply to jf89. The root of your problem is that in a 3500 sq ft house i...
by Ged
Sun Jan 08, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: Tell me all about snowblowers
Replies: 42
Views: 2429

Re: Tell me all about snowblowers

I live in Central Jersey a bit inland from the shore and we have the odd Nor'easter that drops 24" or so along with regular snowfalls anywhere from 1-8". I have a Honda 7HP 24" two stage track drive blower. The driveway is 2 cars wide and 80' long, plus since we live within a mile of ...
by Ged
Sat Jan 07, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Taking Some Money Off the Table
Replies: 22
Views: 2275

Re: Taking Some Money Off the Table

You can go the estimated tax route, but you can avoid that hassle if you have taxes withheld from IRA or 401(k) or pension or SS payments at ANYTIME during the year. The IRS treats these as evenly withheld throughout the year, so as long as you have enough total withheld, there is no penalty. Ralph...
by Ged
Sat Jan 07, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: "The 401k Problem We Refuse to Solve"
Replies: 49
Views: 4242

Re: "The 401k Problem We Refuse to Solve"

Personally, although I hope to get a federal pension in 10 years I think we need to move away from pensions. The private defined benefit pension is clearly obsolete. The idea that you are going to be hired out of school and work for the same employer for your entire career is laughable in this day ...
by Ged
Sat Jan 07, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Rewritable DVD and copying VHS tapes
Replies: 15
Views: 1106

Re: Rewritable DVD and copying VHS tapes

I'm still intrigued by the idea of digitizing the VHS tapes directly onto a drive and making 2-3 back-ups by copying these digital images onto separate drives- which other members of the family will keep at sites "remote" to our house. Nice way to protect the back-ups. I have used mostly ...
by Ged
Sat Jan 07, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Doctors and retirement
Replies: 67
Views: 7011

Re: Doctors and retirement

desiderium wrote:One thing to consider here is that physicians rarely have pensions.

What is the cash value of a COLA'd government pension with generous health care benefits?


Pensions are rare in private sector jobs period.
by Ged
Sat Jan 07, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: Any Audi Wagon owners?
Replies: 29
Views: 1970

Re: Any Audi Wagon owners?

I had a Subaru 4WD wagon some 20 years ago. It was a great car for someone living in the snow belt of upstate NY. However it didn't have Honda-Toyota reliability. Eventually I was bitten by the head gasket issue.

When I moved to NJ I traded it in on a Toyota.
by Ged
Fri Jan 06, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 107
Views: 5286

Re: What monetary value has your education provided you?

Mine works out to around 100x or thereabouts. Engineering degree. Defintely worth it! Absolutely. For myself this represents total lifetime earnings from start of career to retirement. It helps that college was very inexpensive by today's standards (though it didn't seem like it at the time). If I ...
by Ged
Fri Jan 06, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Rewritable DVD and copying VHS tapes
Replies: 15
Views: 1106

Re: Rewritable DVD and copying VHS tapes

My question: could I use a “Re-Writeable” or “Erasable” DVD- such as a DVD-RW to record a tape…..then copy that DVD onto my Mac Mini. Having transferred the recording onto the Mac computer, can I erase the DVD-RW (I believe using Disc Utility), then copy the next VHS-C tape in date sequence......an...
by Ged
Fri Jan 06, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Requirements to change passwords frequently?
Replies: 31
Views: 2012

Re: Requirements to change passwords frequently?

My employer requires it. My impression is that the more a place takes cybersecurity seriously across the board, the more likely they are to require frequent password changes. It makes intuitive sense to me. E.g. sometimes hackers get hold of lists of usernames and passwords. The more often you chan...
by Ged
Fri Jan 06, 2017 10:06 am
Forum: Investing - Theory, News & General
Topic: Global debt is 325% of GDP
Replies: 15
Views: 1221

Re: Global debt is 325% of GDP

See the following Reuters article: http://uk.reuters.com/article/us-global-debt-iif-idUKKBN14O1PQ I have heard it starts to be a problem once debt gets over 100% of GDP. 1. The 325% is all debt, not government debt. 2. Economists differ widely on what the problem levels are. They don't even agree t...
by Ged
Thu Jan 05, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Experienced investor: For your portfolio, at what point compound interest really kick in for you? $500k? $1million+?
Replies: 35
Views: 4422

Re: Experienced investor: For your portfolio, at what point compound interest really kick in for you? $500k? $1million+

It wasn't compound interest that really started impressing me and making me think of retirement. It was the gains following the market crash in 2008.
by Ged
Thu Jan 05, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime shipping to post office for pickup?
Replies: 18
Views: 1185

Re: Amazon Prime shipping to post office for pickup?

I had a recent Amazon delivery that was on time and made it to my home just fine. This issue was that the package was left on the trunk of my car parked halfway down the driveway rather than on the doorstep as usual. If I hadn't gone out and done an explicit search for it I could have driven off and...
by Ged
Wed Jan 04, 2017 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 6359

Re: spousal disagreement over how much house to buy

I think I overstated the size of the park. It's not large enough to hold public events. But it does have a big playground, nature trails, soccer fields, etc. One of the most important aspects of choosing a house is the potential for future development changing the character of the area around your ...
by Ged
Wed Jan 04, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Don't Shoot. Questioning 401k
Replies: 28
Views: 2963

Re: Don't Shoot. Questioning 401k

is ... bracket now lower While I was working my marginal rate often exceeded 30%. Now that I'm retired it's 15%. It's possible it might creep up into the 25% bracket occasionally however I still expect the bulk of my 401K withdrawals to be taxed at the 15% rate. Furthermore if there is long term ca...
by Ged
Wed Jan 04, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Avoiding Hacking / Responsible Steps To Take Online
Replies: 18
Views: 1644

Re: Avoiding Hacking / Responsible Steps To Take Online

It seems to me that one item missed here is answers to security questions. Like passwords they should not be reused from one site to the next, and should be random answers having nothing to do with the question. I take a bit further and use different user names on each site. As far as 64 character p...
by Ged
Tue Jan 03, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: Running electrical wire (Romex) on outside of house without conduit. Allowed?
Replies: 29
Views: 2580

Re: Running electrical wire (Romex) on outside of house without conduit. Allowed?

My house has a similar installation - I needed a 30 amp outlet in my living room for a fairly elaborate home theater setup and the solution was to run the service through my attic and down the outside of the house. The cable that runs down the outside of the house appears to be something like a plas...
by Ged
Tue Jan 03, 2017 12:25 am
Forum: Investing - Help with Personal Investments
Topic: Is it market timing , Greed or Prudence ???
Replies: 10
Views: 1302

Re: Is it market timing , Greed or Prudence ???

This may take me few years to get vested This is the issue. The long term trend of the stock market is upwards. While there may be periods over the next few years where the market is below the current valuation, it is quite likely that that the upward trend will cause you to be buying assets a few ...
by Ged
Sun Jan 01, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Any Buffett fans here?
Replies: 35
Views: 3235

Re: Any Buffett fans here?

I'm not sure I'd say I'm a fan of Warren Buffett, but I do respect his opinions when he agrees with mine, which seems to be most of the time.
by Ged
Fri Dec 30, 2016 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Is it safe to use debit cards? Anybody here have one compromised?
Replies: 67
Views: 4504

Re: Is it safe to use debit cards? Anybody here have one compromised?

The only time I find it necessary to use a debit card is to withdraw cash. When I do so I do it at an ATM terminal belonging to a bank, on a bank premises.

I think this makes using a debit card pretty safe.

I've never had one compromised.
by Ged
Fri Dec 30, 2016 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Multi Millionaire with no credit rating
Replies: 52
Views: 5221

Re: Multi Millionaire with no credit rating

How does someone who has paid for everything in cash for the last 15 years develop a credit rating? I paid for my 500K home in cash less than 2 years ago, and cant get a cash rewards credit card? Its so funny it is sad. I have the mindset that if I don't have the money I don't buy it, hence no loan...
by Ged
Thu Dec 29, 2016 7:02 pm
Forum: Investing - Theory, News & General
Topic: How many of you invest 100% at Vanguard?
Replies: 118
Views: 7264

Re: How many of you invest 100% at Vanguard?

If you're worried about the going out of business or some other catastrophe, don't. Vanguard has a mutual structure so each fund is separately owned by the share holders. Even if the main part of vanguard went down, the funds would remain. I saw an interesting interview with Mr. Bogle on CNBC once....
by Ged
Thu Dec 29, 2016 6:44 pm
Forum: Investing - Theory, News & General
Topic: What's up with VBMFX? [Vanguard Total Bond Market]
Replies: 33
Views: 4222

Re: What's up with VBMFX?

Can you explain why this investment is becoming more rewarding? Bond funds are decreasing in NAV shouldn't it be less rewarding? I hold VBTLX and I'm no advocating for selling but I was just confused by your comment. If you own a bond fund, the components of the bond fund are replaced over time as ...
by Ged
Wed Dec 28, 2016 1:56 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10775

Re: At what age, income, and NW would you buy a $50k car?

The Wizard wrote:When you have house and college and kids paid off, it becomes easier to have cash flow available...


Yup. I certainly would not do it if I had any debt or making the purchase would put me in debt. Furthermore I'd want to have my retirement funded as well.
by Ged
Wed Dec 28, 2016 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Riddle: My income fluctuates with the economy, how do I NOT buy high and sell low?
Replies: 28
Views: 1290

Re: Riddle: My income fluctuates with the economy, how do I NOT buy high and sell low?

My question for the Bogleheads: is there any way for me to solve this problem and make more steady contributions like somebody with a steady salary? Use margin in bad years? Hold cash in good years? etc? This isn't a problem if you have a diversified portfolio. In years where your income and the ma...
by Ged
Sun Dec 25, 2016 9:08 pm
Forum: Investing - Theory, News & General
Topic: What phase of the business cycle are we in?
Replies: 9
Views: 981

Re: What phase of the business cycle are we in?

I think that the "Business Cycle" is a made up idea that would not stand a lot of scrutiny. We do have periods of growth and of contraction but the idea that they are part of a cycle? Not ready to buy into that one. As far as pundits, at any given time you can find a group that will espous...

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