Search found 4455 matches

by Leesbro63
Mon May 23, 2016 7:56 pm
Forum: Personal Consumer Issues
Topic: Ineffective/Dangerous Sunscreens
Replies: 34
Views: 2374

Re: Ineffective/Dangerous Sunscreens

You have to remember the average American can't add fractions or tell you the difference between an atom and a molecule. :oops: Actually, that's a very astute comment. Perhaps sunscreen units of measurement need to be revised. Most would assume that a sunscreen rated at 15 is only half as good as o...
by Leesbro63
Mon May 23, 2016 3:54 pm
Forum: Personal Consumer Issues
Topic: Ineffective/Dangerous Sunscreens
Replies: 34
Views: 2374

Re: Ineffective/Dangerous Sunscreens

So not only do We have to worry about whether sunscreens actually provide the stated protection, but now we have to worry about trading one risk for another. What's the common sense Bogleheads non-medical but good-consumer answer here? Find a sunscreen that provides a level of protection you're com...
by Leesbro63
Mon May 23, 2016 12:57 pm
Forum: Personal Consumer Issues
Topic: Ineffective/Dangerous Sunscreens
Replies: 34
Views: 2374

Re: Ineffective/Dangerous Sunscreens

So not only do We have to worry about whether sunscreens actually provide the stated protection, but now we have to worry about trading one risk for another.

What's the common sense Bogleheads non-medical but good-consumer answer here?
by Leesbro63
Mon May 23, 2016 9:56 am
Forum: Personal Consumer Issues
Topic: Ineffective/Dangerous Sunscreens
Replies: 34
Views: 2374

Ineffective/Dangerous Sunscreens

Clark Howard recently mentioned that half of all sunscreens tested by Consumer's Reports didn't provide the SPF protection indicated on the label. Here is the link: http://www.clarkhoward.com/consumer-reports-best-sunscreen-money I subscribe to the print version of CR but so far there has not been a...
by Leesbro63
Wed May 18, 2016 5:12 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 61
Views: 6289

Re: Jim Cramer doesn’t beat the market

Called the bottom? What bottom? In 2008-9, he said we were headed for below 4000.
by Leesbro63
Tue May 17, 2016 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Records
Replies: 11
Views: 700

Re: Tax Records

Buy or borrow a scanner, invest a few hours, and you'll have everything forever, with zero physical space requirement.
by Leesbro63
Sun May 15, 2016 8:29 pm
Forum: Investing - Theory, News & General
Topic: Money Monster Movie
Replies: 5
Views: 1102

Money Monster Movie

I think most Bogleheads will be able to relate to the theme of this movie. And it's good entertainment. It would appear to be a fictionalization version of Jim Cramer. The actionable thing here, without spoiling the movie, is to avoid large positions in individual stocks, especially from stock tips.
by Leesbro63
Sun May 15, 2016 8:25 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 61
Views: 6289

Re: Jim Cramer doesn’t beat the market

I get what you are saying, but your statement is kinda not right. If your assets produce income for you that's great, but not if the assets lose value while spinning off the income. And the fact that you are not trying to "beat the market" doesn't negate the fact that a professional money...
by Leesbro63
Sun May 15, 2016 9:47 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 61
Views: 6289

Re: Jim Cramer doesn’t beat the market

I hate Jim Cramer just as much as the next guy with his annoying sounds, but there are some people like me who do not aim to beat the market. My aim is to produce sustainable income to retire early which has worked wonderfully for me. I get what you are saying, but your statement is kinda not right...
by Leesbro63
Sat May 14, 2016 7:14 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 61
Views: 6289

Re: Jim Cramer doesn’t beat the market

So he's lagged the S&P by less than 1% over the last 15 years? I bet most of our Boglehead portfolios have lagged by more than that with our conservative asset allocations. Yeah but Boglehead portfolios with conservative asset allocations are SUPPOSED to lag the S&P whereas Mister Big Bucks...
by Leesbro63
Thu May 12, 2016 6:52 pm
Forum: Personal Consumer Issues
Topic: The Best Reader Sunglasses
Replies: 20
Views: 834

Re: The Best Reader Sunglasses

But if I'm willing to live with the glare that non-polarized sunglasses provide, am I potentially harming my eyes more than if I got the polarized...or is it just an annoyance?
by Leesbro63
Thu May 12, 2016 6:45 pm
Forum: Personal Consumer Issues
Topic: The Best Reader Sunglasses
Replies: 20
Views: 834

Re: The Best Reader Sunglasses

And Clark Howard, here, says even $1 sunglasses protect your eyes the same as expensive ones. Is this true? Hard to believe, actually.


http://www.clarkhoward.com/paying-too-m ... sunglasses
by Leesbro63
Thu May 12, 2016 6:40 pm
Forum: Personal Consumer Issues
Topic: The Best Reader Sunglasses
Replies: 20
Views: 834

Re: The Best Reader Sunglasses

So it seems like the unanswered question here is about the polarized or not thing. Is this important for better sun vision? Is it important for eye health? And if not, then what IS it important for and why can sunglasses be bought with or without it?
by Leesbro63
Thu May 12, 2016 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Place For Multiple Stock Quotes
Replies: 3
Views: 204

Re: Place For Multiple Stock Quotes

I think I got it. Thank you all.
by Leesbro63
Thu May 12, 2016 4:16 pm
Forum: Personal Consumer Issues
Topic: The Best Reader Sunglasses
Replies: 20
Views: 834

Re: The Best Reader Sunglasses

But really, get the sunglasses. Progressive, no correction on top and your required magnification for reading on the bottom. Anyone who rides in your car or vacations with you will be ever so grateful. I found one kiosk selling bifocal reader sunglasses at DC National years ago, and wish I had boug...
by Leesbro63
Thu May 12, 2016 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Place For Multiple Stock Quotes
Replies: 3
Views: 204

Place For Multiple Stock Quotes

I currently use YAHOO FINANCE to get multiple stock quotes at the end of each day. Mostly my index fund quotes. My wife uses YAHOO too for her Email and sometimes the log-ins conflict. Accordingly I'd like to find another site that automatically will list about 25 stock quotes, passively, after I se...
by Leesbro63
Thu May 12, 2016 3:58 pm
Forum: Personal Consumer Issues
Topic: The Best Reader Sunglasses
Replies: 20
Views: 834

Re: The Best Reader Sunglasses

Ah, that's a little bit different, isn't it. I suggest you see your eye doctor since you will want your eyes checked for macular degeneration, glaucoma, cataracts, retina detachment, vitreous humor problems and things like that anyways. Did that recently. I'm good to go. But we can't discuss medica...
by Leesbro63
Thu May 12, 2016 3:52 pm
Forum: Personal Consumer Issues
Topic: The Best Reader Sunglasses
Replies: 20
Views: 834

Re: The Best Reader Sunglasses

Thanks, Livesoft. I guess I should expand my original post question further and ask it this way: I've never really thought much about sunglasses, but now that I am, what do I need to know about all aspects of such a purchase. I'll spend whatever is necessary. I am age 56 and do use 2.0 reading glass...
by Leesbro63
Thu May 12, 2016 3:37 pm
Forum: Personal Consumer Issues
Topic: The Best Reader Sunglasses
Replies: 20
Views: 834

The Best Reader Sunglasses

I am wondering about getting a good pair of sunglasses that are also "readers". I've been wearing cheap ones for a while now. I can see the road signs fine with regular sunglasses (or no glasses at all), but need a 2.0 reader bi-focal magnification to look down to read the dash. My cheapie...
by Leesbro63
Thu May 12, 2016 8:34 am
Forum: Investing - Theory, News & General
Topic: Carl Icahn Is Betting Big on a Stock Market Crash
Replies: 32
Views: 7065

Re: Carl Icahn Is Betting Big on a Stock Market Crash

And David Tepper, who has an excellent record (maybe better than Icahn) is saying the opposite: http://www.forbes.com/sites/nathanvardi ... 6d3dbe2a19
by Leesbro63
Wed May 11, 2016 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 5858

Re: Do all Boglesheads die at 100?

bloom2708 wrote:My grandma just turned 106. All her portfolio trackers failed miserably.


So did you put her out in the street on her 100th Bday? :wink:
by Leesbro63
Wed May 11, 2016 1:08 pm
Forum: Investing - Theory, News & General
Topic: WSJ Article Dividends Aren't the Answer, They're the Problem
Replies: 57
Views: 8885

Re: WSJ Article Dividends Aren't the Answer, They're the Problem

Here is something else to think about: taxation. Currently dividends receive very favorable taxation rates. But this might not last forever, as there is already discussion to do various things under various forms of tax reform. It might be that things change and it becomes more favorable to buy fund...
by Leesbro63
Wed May 11, 2016 1:02 pm
Forum: Investing - Theory, News & General
Topic: WSJ Article Dividends Aren't the Answer, They're the Problem
Replies: 57
Views: 8885

Re: WSJ Article Dividends Aren't the Answer, They're the Problem

jrbdmb wrote: My real concern isn't so much buying a dividend stock fund over TSM, it's investors convinced to buy a dividend stock fund over a bond fund.


+1
by Leesbro63
Tue May 10, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 284
Views: 40092

Re: Credit Card Rewards (Travel)

I don't own a business, although I consider managing my own portfolio a pseudo business (the 1% advisor fee that I save would be equivalent to a nice part time salary). What is required to be able to apply for a business credit card and still be honest? I don't like the idea of lying to anyone, let ...
by Leesbro63
Tue May 10, 2016 4:19 am
Forum: Investing - Theory, News & General
Topic: 4% rule and interest rates
Replies: 28
Views: 3605

Re: 4% rule and interest rates

What would happen if we had years of really big inflation...causing a TIRA with TIPS to quadruple in 10 years...say from age 60 to 70. Assuming tax brackets continue to adjust for inflation, would the swelled RMD put the taxpayer into a higher tax bracket than would have been the case with zero infl...
by Leesbro63
Mon May 09, 2016 12:45 pm
Forum: Investing - Theory, News & General
Topic: 4% rule and interest rates
Replies: 28
Views: 3605

Re: 4% rule and interest rates

"one should probably consider that you could put the entire balance in TIPS with appropriate maturities and just about guarantee 25 years of inflation adjusted withdrawals" Not true. Because the interest and inflation adjustment is taxable. And if big inflation happens...the very reason t...
by Leesbro63
Fri May 06, 2016 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Preferred
Replies: 41
Views: 3982

Re: Chase Sapphire Preferred

So I wonder if you pay for a car on this, would the warranty be doubled? Even if you had to pay the dealer's 2% juice, it might be a cheap extended warranty. That would be nice but it says on eligible warranties, I doubt a car would fall under their eligible warranties qualifier. I kinda figured th...
by Leesbro63
Fri May 06, 2016 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Preferred
Replies: 41
Views: 3982

Re: Chase Sapphire Preferred

So I wonder if you pay for a car on this, would the warranty be doubled? Even if you had to pay the dealer's 2% juice, it might be a cheap extended warranty.
by Leesbro63
Thu May 05, 2016 7:07 am
Forum: Investing - Theory, News & General
Topic: Phishing for Phools, important book
Replies: 10
Views: 2049

Re: Phishing for Phools, important book

I also don't get why many (most?) people don't tune into financial matters/financial education. But they don't!
by Leesbro63
Wed May 04, 2016 2:19 pm
Forum: Investing - Theory, News & General
Topic: Phishing for Phools, important book
Replies: 10
Views: 2049

Re: Phishing for Phools, important book

The average Joe doesn't know the difference between a CFP, CFA, stockbroker, insurance salesman, banker or mortgage broker.
by Leesbro63
Wed May 04, 2016 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 or cash first?
Replies: 22
Views: 1360

Re: Use 529 or cash first?

My inclination is that your available cash could end up gone, for whatever reason, by years 3 and 4. Whereas money inside the 529 is unlikely to get touched. That being said, I guess I'd pay for years 1 and 2 with your available cash and use the 529 for years 3 and 4. Be careful that you are not in ...
by Leesbro63
Wed May 04, 2016 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Almost perfect credit score (FICO from Amex)
Replies: 30
Views: 3184

Re: Almost perfect credit score (FICO from Amex)

One trick that has been reported is this: Note your closing date each month and pay off all but $5 about a week before. When the card closes, it makes it (correctly) appear that your balance is only $5. Yet you get the benefit of using the card almost the same as if you just paid each month after st...
by Leesbro63
Tue May 03, 2016 3:10 pm
Forum: Investing - Theory, News & General
Topic: Numeracy and Wealth
Replies: 44
Views: 6159

Re: Numeracy and Wealth

I knew someone with a small business who used to weed out job applicants by asking one simple question: what's 80% of 100. Many would just say "oh, I'm not good at math" and withdraw. A smaller group would answer "20".
by Leesbro63
Tue May 03, 2016 8:06 am
Forum: Investing - Theory, News & General
Topic: Numeracy and Wealth
Replies: 44
Views: 6159

Re: Numeracy and Wealth

Why can almost anyone with an education read, but many with an education cannot do math? There's a huge cultural aversion to math in the US. It's "hard", even the stuff that isn't really. I know quite a few people whose eyes glaze over at the very first mention of numbers. They're often q...
by Leesbro63
Mon May 02, 2016 10:02 pm
Forum: Investing - Theory, News & General
Topic: Numeracy and Wealth
Replies: 44
Views: 6159

Re: Numeracy and Wealth

Why can almost anyone with an education read, but many with an education cannot do math?
by Leesbro63
Mon May 02, 2016 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Preferred
Replies: 41
Views: 3982

Re: Chase Sapphire Preferred

EDIT: Another great bonus deal for bigger spenders is the Chase British Airways card. 100,000 British Airways AVIOS points for $20,000 spend within the first year. You can then book domestic flights thru their network. Regional flights are 7500 each way. If you spend a lot on credit cards, this cou...
by Leesbro63
Mon May 02, 2016 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Preferred
Replies: 41
Views: 3982

Re: Chase Sapphire Preferred

EDIT: Another great bonus deal for bigger spenders is the Chase British Airways card. 100,000 British Airways AVIOS points for $20,000 spend within the first year. You can then book domestic flights thru their network. Regional flights are 7500 each way. If you spend a lot on credit cards, this cou...
by Leesbro63
Mon May 02, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Preferred
Replies: 41
Views: 3982

Re: Chase Sapphire Preferred

If you are into the bonus game...or even just an occasional player like me, this is one of the best deal going. It's effectively $500 free money, albeit, yeah, you do have to spend that money in a certain way. But it's still free money. Get the card, get the miles. Transfer them to even a non-optima...
by Leesbro63
Sun May 01, 2016 12:31 pm
Forum: Investing - Theory, News & General
Topic: 529 plans: "off-label" uses?
Replies: 7
Views: 790

Re: 529 plans: "off-label" uses?

I dunno. Are most people really in a retirement tax bracket that's more than 10% below their marginal tax bracket while working? And isn't this a significant gamble that tax rates won't rise? Does anyone here know anyone who has ever saved for retirement in a 529 plan (other than, perhaps by acciden...
by Leesbro63
Sun May 01, 2016 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Anyone uses identity theft protection services?
Replies: 21
Views: 1623

Re: Anyone uses identity theft protection services?

In conjunction with the credit freeze, use a credit card that reports your credit score. Check it monthly. If your score drops significantly, something is wrong. Otherwise probably not. This won't help much, because it takes several months after identify theft for your score to drop. If an identity...
by Leesbro63
Sun May 01, 2016 9:23 am
Forum: Investing - Theory, News & General
Topic: Draining the 529
Replies: 22
Views: 2302

Re: Draining the 529

Depending on the basis, it coldly be very costly, tax wise, to drain this account for non qualified expenses. I believe the penalty is 10% of earnings. So if half is basis, penalty is $2000. Plus you pay tax on earnings. The age of the grown kids and the size of the account suggests that the accoun...
by Leesbro63
Sun May 01, 2016 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Anyone uses identity theft protection services?
Replies: 21
Views: 1623

Re: Anyone uses identity theft protection services?

In conjunction with the credit freeze, use a credit card that reports your credit score. Check it monthly. If your score drops significantly, something is wrong. Otherwise probably not.
by Leesbro63
Sun May 01, 2016 8:25 am
Forum: Investing - Theory, News & General
Topic: Draining the 529
Replies: 22
Views: 2302

Re: Draining the 529

Depending on the basis, it coldly be very costly, tax wise, to drain this account for non qualified expenses.
by Leesbro63
Thu Apr 28, 2016 6:57 am
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 6815

Re: McKinsey report on diminishing returns

Savers will save. Spenders will spend and investment returns will be what they will be.
by Leesbro63
Wed Apr 27, 2016 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Death Benefit
Replies: 5
Views: 861

Social Security Death Benefit

I handled the finances of a widowed great aunt who died in July, 2014 at age 101. She had no children and was the last of her siblings. She worked outside the home until she married my great uncle in 1954, then never worked again. He was a government employee, so their Social Security was minimal. S...
by Leesbro63
Mon Apr 25, 2016 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Missed Payment Impact on Credit Score
Replies: 12
Views: 1160

Missed Payment Impact on Credit Score

I am just wondering how badly a person's credit score will be impacted from one missed credit card payment...but that gets paid on our about the NEXT month's due date. For instance, say I forgot to make a payment but realized it next month at the due date for the next payment? This did happen to me ...
by Leesbro63
Mon Apr 25, 2016 7:53 am
Forum: Personal Consumer Issues
Topic: Took the Plunge, Bought an Accord Hybrid
Replies: 54
Views: 8651

Re: Took the Plunge, Bought an Accord Hybrid

Congrat's to the Bogleheads interested in high fuel economy vehicles. Seems like I read that 60% of US oil consumption is used in vehicles. If 60% could be halved, what an huge positive impact that would have on the worlds civilian population. burt Or would it just cause/enable more people to drive...
by Leesbro63
Tue Apr 19, 2016 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: New Charles Schwab Linked Credit Cards
Replies: 0
Views: 913

New Charles Schwab Linked Credit Cards

I saw an Email about some new Chas Schwab linked credit cards. Didn't have time to sniff through the fine print, but I figured it would be of interest here.

Go to advanced search