Search found 298 matches

by Marmot
Wed May 16, 2018 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7512

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Your friend is probably right about companies being leveraged. What is hard to predict is when and what is the tipping point.
by Marmot
Wed May 16, 2018 8:00 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 8820

Re: Yes, I'm 89 all right! [Jack Bogle]

Yes - everything everyone said previously. Don't be a stranger. Post more often.
by Marmot
Sun May 13, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 7804

Re: Bucket List Adventures/Activities

Not that I've done all these: Climb the Grand Tetons (with a guide and some training) Stay at an Ice Hotel Learn to fly an airplane Hike the Appalachian Trail Drive from the tip of South America to the Tip of Alaska Go to Spain and stay in some Paradores Go to bull riding school Visit as many natio...
by Marmot
Tue Apr 24, 2018 8:22 am
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 10309

Re: Nomadic lifestyle in their 50s

Get Yourself one of these and take off........ :happy http://www.roadtrek.com/wp-content/uploads/2014/07/roadtrek_cs-adventurous_driver-side-angled_white_1280x688_04-2017-720x396.png http://www.roadtrek.com/models/cs-adventurous/ We have one and we love it. It is a 2017 and we took it on a 39 day t...
by Marmot
Mon Apr 09, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: Toyota 4 Runner
Replies: 38
Views: 3213

Re: Toyota 4 Runner

I drive a 2001 with 120k on it. Love it, people are trying to buy it from me all of the time. It is now our second car so we only use it sparingly. I don' like what they have done with the exteriors for the new cars, but the basics of the vehicle are great.
by Marmot
Mon Apr 09, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 3759

Re: Active Adult Retirement Communities

We have lived in Phoenix for 35 years. It is seven months of incredible weather and five That you have to get used to. Yesterday was 96, much too early for that. That being said we don't have weather issues (tornados, etc), but as a previous poster said we do have a rainy season. We are retired so w...
by Marmot
Tue Apr 03, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Recordkeeping system for retirees
Replies: 25
Views: 2710

Re: Recordkeeping system for retirees

We use the Scansnap systems also. Can't say enough good about it. we did have our hard drive crash a few months ago. We have our data backed up on Norton, I was able to copy and paste the entire scansnap in one fell swoop. Everything goes into scansnap, and if it not tax related, it generally gets s...
by Marmot
Sat Mar 31, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion question
Replies: 8
Views: 594

Re: Roth Conversion question

Thanks Jay. Playing "devils advocate" here then, so you say the intent is too spend Roth conversion money last, burn out taxable funds, empty out the other tax protected funds and then Roth last of all, a spending hierarchy so to speak. I agree with your summation of course:) This article will help...
by Marmot
Sat Mar 31, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion question
Replies: 8
Views: 594

Re: Roth Conversion question

Yes:( 60.
by Marmot
Sat Mar 31, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 11494

Re: Underrated places to visit in U.S.?

Bend, Oregon. The Bend area is terrific, especially if you like outdoors activities and beer. I would hardly call it underrated, however. But I guess that is the case for many of the places mentioned in this thread. BMAC - we know because we are westerners, I doubt the east coast or midwest even kn...
by Marmot
Sat Mar 31, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion question
Replies: 8
Views: 594

Re: Roth Conversion question

Thanks Jay. Playing "devils advocate" here then, so you say the intent is too spend Roth conversion money last, burn out taxable funds, empty out the other tax protected funds and then Roth last of all, a spending hierarchy so to speak. I agree with your summation of course:)
by Marmot
Sat Mar 31, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Roth Conversion question
Replies: 8
Views: 594

Roth Conversion question

I think I know the answer to this but: when you do a Roth conversion I assume the idea is not to spend that money since you want it to grow tax free and it can never be taxed? Correct? I see lots of discussions on why it makes sense to make a conversion, but not so much on what the ideal disposition...
by Marmot
Fri Mar 30, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: Copper Bathtub for new home
Replies: 1
Views: 500

Re: Copper Bathtub for new home

While a copper tub would make me happy because the wife used to work for copper miner and we still have options, may I suggest a far superior alternative. I have the Verona model of this manufacturer, they are used in 5 star resorts around the world: http://www.palazzobaths.com/ In my opinion you ca...
by Marmot
Wed Mar 28, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 13285

Re: Healthy eaters -- is this grocery budget normal to you?

We are vegan , that is a lot. I would estimate $300 a month for two of us. And we eat very well.
by Marmot
Tue Mar 27, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1821
Views: 329555

Re: What are you up YTD? [Year To Date]

-.5% with a 60/40 split
by Marmot
Sun Mar 25, 2018 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Kiplingers Retirement Report
Replies: 17
Views: 3369

Kiplingers Retirement Report

Any thoughts on this product? $30 a years seems a bit pricey.
by Marmot
Sat Mar 24, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 2273

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

We have been with USAA since 1980. We insure with them, invest with Vanguard. We are evidently some of the hapless people who trust USAA. My parents had USAA since the 1950's (they too were hapless I guess). USAA has stood behind our family and covered some pretty crazy stuff. Vanguard for investmen...
by Marmot
Fri Mar 23, 2018 9:57 pm
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 11494

Re: Underrated places to visit in U.S.?

Bend, Oregon.
by Marmot
Fri Mar 23, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Self-insuring for healthcare - how would you invest
Replies: 34
Views: 2387

Re: Self-insuring for healthcare - how would you invest

For perspective, I had an 'insured stroke', my short stay was $75K.
by Marmot
Sun Sep 11, 2016 8:48 pm
Forum: Personal Consumer Issues
Topic: Which city to start early retirement?
Replies: 128
Views: 15847

Re: Which city to start early retirement?

Bend, Oregon. 86K people, has a Costco and Trader Joes and about 20 microbreweries. Cascades are 20 miles west, it is high desert. Getting expensive though...not much by Seattle standards I assume. We live here 5 months a year, the other 7 in Phoenix.
by Marmot
Sat Sep 10, 2016 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed HELOC
Replies: 7
Views: 1784

Re: Penfed HELOC

I am looking at their home equity rate. It says "80% OR LESS LTV $10,000 - $400,000 Variable 3.75% APR (Prime + 0%) ". I know the minimum rate is 3.75% for the product, does that mean there is no additional fee? I understand if prime moves up. The reason I am asking is a local credit union is quotin...
by Marmot
Fri Sep 09, 2016 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed HELOC
Replies: 7
Views: 1784

Re: Penfed HELOC

Thanks for the detailed reply. I will do as you recommend.
by Marmot
Fri Sep 09, 2016 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Penfed HELOC
Replies: 7
Views: 1784

Penfed HELOC

Are members of this board still thinking that Penfed is a suitable source to get a HELOC? I did a search on HELOC's on the board and did not see much in recent comments. Also - those of you who have worked with Penfed, how long did it take to get the approval for funds. I haven't joined yet, but am ...
by Marmot
Mon Jul 11, 2016 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Advisor Services Fee Charged Statements
Replies: 2
Views: 549

Re: Personal Advisor Services Fee Charged Statements

Go to My accounts>Balances and Holdings> Statements. It will be in your monthly or quarterly statement. I would call your advisor and have them walk you through the process. I don't think it will show up as a transaction, like selling a stock or bond. It is a behind the scenes transaction. Call the ...
by Marmot
Sun Oct 25, 2015 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 30744

Re: Age when you started to max out your retirement accounts?

Around 31 or 32. Wife graduated law school then, we had lots of debts (school, car, mortgage, pool loan, owed my parents 10K) , but we made maxing out all retirement vehicles the main priority. I ER'ed at 58, wife at 55. Now we are just doing our thing....that is whatever we want, when we want.
by Marmot
Thu Oct 22, 2015 8:49 am
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 56334

Re: Any books really change your outlook on life?

The China Study - I saw it mentioned in an earlier post from 2010. A must read, you can't ignore the science.
by Marmot
Mon Oct 19, 2015 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Liable if I give 403b advice to colleagues?
Replies: 26
Views: 3214

Re: Liable if I give 403b advice to colleagues?

I love to talk to colleagues about investing but I am careful not to tell them what to do. I talk about what I know... - costs matter, just add up what 1% more a year costs you over 30 years and see for yourself - nobody is smarter than the market, so why would I pretend to know when to get in and ...
by Marmot
Sun Oct 18, 2015 9:49 pm
Forum: Investing - Theory, News & General
Topic: 2008 Market Crash, Did You See It As Opportunity?
Replies: 60
Views: 5768

Re: 2008 Market Crash, Did You See It As Opportunity?

I'm curious how did you handle the 2008 stock market crash? I know this must have been a real set back for those in early retirement having to sell more shares to receive their retirement income, but what about those of you who where relatively far away from retirement? I wasn't in the market at th...
by Marmot
Sun Oct 11, 2015 10:12 pm
Forum: Personal Consumer Issues
Topic: MEN, how do you carry your TABLET when Shopping?
Replies: 75
Views: 8125

Re: MEN, how do you carry your TABLET when Shopping?

stev wrote:When you are on the go and shopping in stores for example, how do you carry your TABLET?
A "man" purse?
Something on a shoulder strap?
On your Belt?
Thanks..
I don't....geez
by Marmot
Sat Oct 10, 2015 9:59 am
Forum: Personal Consumer Issues
Topic: Buy a color printer [inkjet] or black and white [laser] for light home use?
Replies: 106
Views: 8621

Re: Should I buy a color printer or black and white for home use?

We went with a Brother compact laser printer, black/white only. We don't do much, if any, color printing, and those small ink cartridges are 1) expensive and 2) short-lived. The laser printer has been great. 1500+ pages out of the original cartridge and we haven't even installed the "higher capacit...
by Marmot
Wed Oct 07, 2015 12:34 pm
Forum: Personal Consumer Issues
Topic: Demand repairs or give a bye for honesty?
Replies: 62
Views: 5795

Let it go

Karma
by Marmot
Tue Sep 22, 2015 9:01 pm
Forum: Personal Consumer Issues
Topic: Considering moving to Oregon
Replies: 71
Views: 10696

Re: Considering moving to Oregon

I have to say that some Californians (me) driving through Oregon have been bothered by the very sloooooow 55 mph fast lane freeway speed that everyone seems to actually adhere to. Also, we can't pump our own gas because drivers are just too incompetent to do so. The attendant has to stick our credi...
by Marmot
Tue Sep 22, 2015 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Do lenders contact your employer?
Replies: 25
Views: 28572

Re: Do lenders contact your employer?

I do know that some of the forms they send your employer include the names of all people applying for the mortgage. So if you are applying with your spouse or someone else, that person's name may appear on the form your employer receives. I was in HR 18 years and never had a mortgage company (or an...
by Marmot
Wed Sep 09, 2015 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Vacation home. Can we afford it?
Replies: 41
Views: 6060

We have a vacation rental (actually two). They are across the street from each other. One thing to realize if you put money into a second home (unless you rent it to cover costs) it is "dead" money. Sure you can tell yourself that appreciation itself will be enough to make it worth while, but how wo...
by Marmot
Mon Sep 07, 2015 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Am I eligible for overtime pay on salary?
Replies: 8
Views: 1229

Look at the signed copy of your job description

It should tell you if you are considered exempt. In extreme simple terms, an exempt employee works "what it takes to get the job done". That is very simplified, but if the exempt position requires 55 hours in a week, that is what it is. Exempt employees have a tremendous amount of flexibility in ret...
by Marmot
Sat Sep 05, 2015 12:00 pm
Forum: Investing - Theory, News & General
Topic: Aug 2015 correction: what Bogleheads did...
Replies: 143
Views: 13101

Nothing

I did nothing
by Marmot
Fri Sep 04, 2015 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can I sue my former employer?
Replies: 38
Views: 5197

Re: Can I sue my former employer?

This looks to be the Crux of your issue: "And I was careful until something happened that under normal circumstances would not have led to me being fired". I am not sure any of us can provide proper feedback given the information. It is the companies' perception against your own. You did not exhaust...
by Marmot
Fri Sep 04, 2015 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Question for the Bogleheads Millionaires
Replies: 372
Views: 67766

Amen to everything noted above

I particularly agree with the "needs vs. wants" statement, we use those very words all of the time. We are newly ER'ed (58 and 55). If you are in your "consumption" age, be cognizant. We weren't all of the time, so easy to see looking back now:)
by Marmot
Thu Sep 03, 2015 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Goal: Have $0 left when I die
Replies: 66
Views: 6115

Re: Goal: Have $0 left when I die

I don't have children. My beneficiaries are my wife and my brother's children. I have no desire to leave anything to anyone, other than my wife should I go first. But, I also have no desire to simply spend money so that none is left. What do you intend to spend all your money on? I intend to live m...
by Marmot
Thu Sep 03, 2015 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Goal: Have $0 left when I die
Replies: 66
Views: 6115

You could give all away today and achieve your goal early:)

Actually I haven't gotten that far. it will be interesting to see responses.
by Marmot
Tue Sep 01, 2015 11:28 am
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 103
Views: 8974

I would wait 30 days to see what happens

These days it goes up as well as down. Retired, not paying too much attention. I guess I am not too reactionary these days. Wish I had extra $ to put in though, great opportunity to buy in low....I would consider Rothing if that was a need.
by Marmot
Sun Aug 30, 2015 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Charatable trust after death
Replies: 68
Views: 3746

Re: Charatable trust after death

I recently visited an attorney regarding my idea to form a trust devoted to charity after my death. My thought is that a portfolio inside a trust lasting fifty years would grow and produce a greater affect than a one time lump sum donation after death. The attorney's words were sobering. He indicat...
by Marmot
Mon Aug 24, 2015 10:15 am
Forum: Investing - Theory, News & General
Topic: The Bogleheads' Silent Majority
Replies: 255
Views: 43299

Newly retired

Not doing a thing financially today. We are west coast so I was sleeping during the "big drop", oh well.
by Marmot
Wed Aug 19, 2015 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Vesting Service - Pension
Replies: 3
Views: 393

Re: Vesting Service - Pension

[quote="Marmot"]You should have a document available that is called something like " Defined Contribution Summary Benefit plan" that outlines the entire pension policy. It is usually on your HR website or there is probably one at the vanguard account. You were probably given one in the past, you jus...
by Marmot
Wed Aug 19, 2015 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Vesting Service - Pension
Replies: 3
Views: 393

Re: Vesting Service - Pension

Delete
by Marmot
Fri Aug 14, 2015 9:56 am
Forum: Personal Finance (Not Investing)
Topic: General Finance Strategies for Upper Middle Class
Replies: 33
Views: 6733

Re: General Finance Strategies for Upper Middle Class

The amount you have to save and invest is the difference in your after tax earnings and your expenditures. For many (most?) people, it is difficult to increase earnings. However, there are lots of opportunities to reduce expenditures. Accordingly, one category of strategies could be ways to get mor...
by Marmot
Mon Aug 10, 2015 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: For the bogleheads either retired or close to retiring
Replies: 29
Views: 4963

Re: For the bogleheads either retired or close to retiring

Eliminated all debt. Once you get there, then you can really wealth build. If you have to have a mortgage, make it reasonable. I Er'ed at 57. We were in debt like everyone else in our early 30's. Student debt, two car loans, mortgage, pool loan (stupid in retrospect), owed my parents 10K. We focused...
by Marmot
Mon Aug 10, 2015 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Coworkers Ignorant to Retirement Savings and Investing
Replies: 41
Views: 4963

Re: Coworkers Ignorant to Retirement Savings and Investing

We just had a company 401k meeting to discuss rolling over plans to a new provider. It was scary. It became apparent how little my co-workers know about investing. There were comments made along the lines of "our last provider didn't get us good returns" :shock: Is there anything I can do to help m...
by Marmot
Tue Aug 04, 2015 11:58 am
Forum: Personal Consumer Issues
Topic: Hike the Pacific Crest Trail/JMT
Replies: 74
Views: 9738

Re: Hike the Pacific Crest Trail/JMT

Another poster's thread had me thinking about hiking the PCT so I thought I would post here as there seems to be some good hikers on this forum. I want to do something epic to celebrate my 55th birthday next year (August 2016). You know, one of those I'm glad to be alive adventures. I've always wan...
by Marmot
Sun Aug 02, 2015 7:20 pm
Forum: Personal Consumer Issues
Topic: Retirees: Questions you hate being asked
Replies: 117
Views: 14456

Re: Retirees: Questions you hate being asked

I recall retiree indicating to me that they get up every morning with nothing to do and by nightfall they are only half done. Since I have retired I find this to be quite true. I heard Jerry Van Dyke interviewed a long time ago, his statement that always stayed with me: "we don't do nuthin and we d...