Search found 2763 matches

by MnD
Mon Jan 16, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: To those with a pension...
Replies: 52
Views: 5856

Re: To those with a pension...

A No. Our savings rate was/is a function of balancing current needs and wants with the desire for future financial independence. Even if you work in a job with pension benefits, you have no idea if you will stay with that employer and/or if the pension benefits will be curtailed/frozen. B Yes - defi...
by MnD
Wed Jan 11, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Thinking of getting tires from Costco
Replies: 47
Views: 2924

Re: Thinking of getting tires from Costco

Regarding the difficulty with free rotations at Costco - I had a set of Michelin tires wear out (with very even wear on all 4) prematurely at around 30K miles. They were on an all-wheel vehicle driven mostly in the mountains - perfect case for fast tire wear. Costco would not honor the 70K mileage w...
by MnD
Sun Jan 01, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Changes in Emerging Market Funds
Replies: 3
Views: 594

Re: Changes in Emerging Market Funds

Happy New Year to all, They used to be tilted to small cap and mid caps. They have changed over the years to more large and mid cap companies. They more closely reflect the entire international market. Seems different enough to me to hold for diversification. 2016 Vanguard FTSE Developed Markets ET...
by MnD
Sat Dec 31, 2016 6:06 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1275
Views: 205123

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

2016 XIRR = +9.3% Benchmark return= +6.9%, so I beat my benchmark by 2.4 percentage points 2016 asset allocation = 75% Global market cap stocks, 25% fixed income and cash. 2016 Benchmark was 75% Total World stock market (VT), 20% Total Bond Market (BND) and 5% Money Market Prime (VMMXX). 2016 XIRR b...
by MnD
Thu Dec 29, 2016 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: TSP F Fund or Vanguard Funds?
Replies: 38
Views: 1948

Re: TSP F Fund or Vanguard Funds?

Vanguard Total Bond Market (same as F fund) are mostly an intermediate term government bond fund. The Vanguard Intermediate Term Treasury fund is 100% IT govt bond fund. All of the above are lousy picks if you have access to the G fund. The G fund has the yield of a Intermediate term Treasury fund a...
by MnD
Mon Dec 26, 2016 8:57 pm
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 8110

Re: Remember what it was like before the recession?

It's beyond the pre-recession situation here in Denver metro to the upside. Everything is way beyond the peak of the 2006-2007 economy. Home prices and demand, rents, traffic, employment, trying to get a table at a good restaurant..... The sale of $22/pound crab legs at Costco was something to see l...
by MnD
Sun Dec 25, 2016 10:24 am
Forum: Investing - Help with Personal Investments
Topic: International Index Funds
Replies: 29
Views: 2823

Re: International Index Funds

I don't choose a split but rather hold US and non-US in their proportion to global market cap. As of 11/30/2016 that is 54% US/46% non-US. Years and decades from now I very much doubt the split will be 54%/46% but I don't care. The proportion will adjust automatically without any need for rebalancin...
by MnD
Sat Dec 24, 2016 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Best candidate for a high deductible health plan?
Replies: 4
Views: 714

Re: Best candidate for a high deductible health plan?

You like your doctors and other providers and your wife's family plan is very generous. Why add another layer of financial complexity and risk in your situation? I know families with kids on HDHP+HSA who have their HSA's wiped out every few years plus major out-of-pocket because with a household of ...
by MnD
Wed Dec 21, 2016 7:40 pm
Forum: Investing - Theory, News & General
Topic: What are the REAL reasons to avoid international?
Replies: 71
Views: 5226

Re: What are the REAL reasons to avoid international?

The flip side - reasons to avoid US equities. Our one pension claim, two claims on Social Security along with the value of our home and collectibles and fixed income holdings are almost 100% dependent on the health of the US economy, government and currency. So while we are global market cap weighte...
by MnD
Mon Dec 19, 2016 8:06 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 43
Views: 3790

Re: Charles Schwab Experiences?

20+ years and a great experience. We've had just about every kind of brokerage account they offered plus various mortgage loans, checking, ESA's, credit cards........ Excellent service, low costs and no complaints. When my last parent passed I had to divide and distribute two of their accounts into ...
by MnD
Sat Dec 10, 2016 8:25 pm
Forum: Investing - Theory, News & General
Topic: How do you "value" your portfolio for SWR?
Replies: 35
Views: 2440

Re: How do you "value" your portfolio for SWR?

Our actual withdrawal approach will be 5% of annual portfolio value. It compensates for big swings in portfolio value and might be appropriate for those that can handle the income variability. Unlike 4% inflation-adjusted approach you have no portfolio failures and no run-away portfolios where you d...
by MnD
Sat Dec 03, 2016 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 301
Views: 15633

Re: Picking College and College Scholarships

My daughter had a perfect ACT, 31 IB/AP credits, top 5 GPA from an enormous high school where 1/3 the class was IB and tons of extracurricular accomplishments with top leadership roles. And she didn't get into MIT or Stanford. They are looking for students with journal articles, successful non-profi...
by MnD
Fri Dec 02, 2016 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 107
Views: 10574

Re: Handling "drive-by" doctoring bills following surgery?

After reading some of that NY Times article with out of network surprise doctors billing $50k, 100k, 150k, ect. you'd think that the insurance company would dictate to the hospital that if they're in network they can't use any out of network personnel in their hospital. After all, the insurance com...
by MnD
Thu Dec 01, 2016 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax available
Replies: 12
Views: 2320

Re: TurboTax available

Nearly A Moose wrote:Thanks for the heads up. When historically is the cheapest time to buy, assuming you don't have some special discount through another company?


i bought it too soon at Costco last year. They do a big price reduction right after New Years if I recall.
by MnD
Wed Nov 30, 2016 11:46 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new car for safety's sake?
Replies: 152
Views: 6556

Re: Should I buy a new car for safety's sake?

My vehicles have been: used 1977 Datsun Pickup new 1989 Mazda Pickup new 2005 Toyota Pickup Wife's vehicles have been: very used 1966 Volvo wagon new 1987 Toyota Corolla new 1997 Subaru Outback new 2010 Nissan Altima Hybrid We are retiring in less than 2 years in our mid 50's and all set financially...
by MnD
Wed Nov 30, 2016 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 107
Views: 10574

Re: Handling "drive-by" doctoring bills following surgery?

Update! So now 50 weeks from surgery date I have not received any balance bill or any other contact from the two out-of-network mystery nerve monitoring doctors that I had zero knowledge of before, during and after surgery. But just last week i received a cc letter from my insurer to them denying an...
by MnD
Mon Nov 14, 2016 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: The Stages of Retirement Saving
Replies: 17
Views: 3255

Re: The Stages of Retirement Saving

Always had one number - enough to support same financial lifestyle as when working (plus a buffer) when not working. Shedding debt and dependants are as important as savings in this equation if not more so. 22 months out and looking good - set my date in 1990 and haven't changed it other than a few ...
by MnD
Sun Nov 06, 2016 9:52 am
Forum: Investing - Theory, News & General
Topic: Fear in Taxable
Replies: 17
Views: 2650

Re: Fear in Taxable

You should be good to go then if you want to move over.
Don't transfer a pile of in-kind ETF's to Vanguard - sell everything at a small net loss at Betterment and start fresh with buying a much simplified mix of funds or ETF's at Vanguard.
by MnD
Sun Nov 06, 2016 9:44 am
Forum: Investing - Theory, News & General
Topic: Fear in Taxable
Replies: 17
Views: 2650

Re: Fear in Taxable

Betterment uses broad-based low-cost index ETF's from Vanguard, Schwab and iShares. It should all transfer in-kind but you'll likely end up with a pile of perhaps 10 ETF's or more to manage. Since you are on the brink of getting to .10% management expense in Betterment have you considered just stayi...
by MnD
Sat Nov 05, 2016 11:52 am
Forum: Investing - Theory, News & General
Topic: What percentage of a portfolio should be in international stocks ?
Replies: 101
Views: 7702

Re: What percentage of a portfolio should be in international stocks ?

Global market cap which by definition entails no tilting or rebalancing.
Not an all eggs in one basket sort of person.
by MnD
Thu Oct 27, 2016 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Sep 2016 CPI-U is out--->contribution limits
Replies: 6
Views: 1018

Re: Sep 2016 CPI-U is out--->contribution limits

So the 401-K elective deferral is up $0 and the Social Security taxable wage base is up almost $9000.
Awesome..... :annoyed
by MnD
Tue Oct 25, 2016 11:08 pm
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 16102

Re: The riskiness of home ownership

Depends on your entry point and holding period. Our entry point on a house between Denver and Boulder was 1991 - the tail end of the 88-91 local housing recession. $100k for 2500 SF and 3/4 acre lot. Seemed risky at the time - 1/3 the neighborhood had a HUD sign in the front picture window. Interest...
by MnD
Sat Oct 22, 2016 7:32 pm
Forum: Personal Consumer Issues
Topic: Question re: biicycle pump for car tires
Replies: 16
Views: 1416

Re: Question re: biicycle pump for car tires

Blackburn makes good floor-standing bike pumps that move a lot of air and they come with a lifetime warranty if you are worried about wearing them out inflating car tires. People who have called to return them or to get parts have reported in reviews that Blackburn just mails them out a new pump.
by MnD
Tue Oct 11, 2016 12:01 am
Forum: Personal Finance (Not Investing)
Topic: 4% Retirement Guideline Question
Replies: 8
Views: 1410

Re: 4% Retirement Guideline Question

You may want to explore personal exemptions, the standard deduction, itemized deductions, the 10% and 15% tax brackets, state taxes, exemptions of various amounts of retirement income from state income tax (or not). :beer
by MnD
Sun Oct 02, 2016 2:55 pm
Forum: Investing - Theory, News & General
Topic: SS as a Bond
Replies: 46
Views: 3826

Re: SS as a Bond

I'm 75:25 for life and a planned SWR based on annual portfolio value of investable net worth because we will have substantial bond-like income from 1 pension and 2 SS claims. If the market craters 50% and never recovers, our income will not go down by 37.5% but more like 15% - similiar to a _much_ m...
by MnD
Sat Oct 01, 2016 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab account any good/unique features?
Replies: 22
Views: 2210

Re: Schwab account any good/unique features?

Free everything checking with interest and all ATM fees reimbursed worldwide. A real FDIC bank. Great ETF's, recent low cost target-date funds and of course access to other ETF's for minimal costs. Broad variety of accounts. When we had our ESA's, the other major discount brokerages didn't offer the...
by MnD
Fri Sep 30, 2016 10:38 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 80
Views: 6197

Re: Replace car battery after X years or wait till it dies?

I wait until starting on cold days start to sound a little off-normal. That's typically around 6 years for Costco-Kirkland or Sears Die Hard which I bought for many years. Now have all Costco/Interstate batteries in 3 vehicles. I haven't had one of those hit the off-normal sound yet, so don't know h...
by MnD
Fri Sep 30, 2016 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: What you guys do with the bonus
Replies: 59
Views: 5241

Re: What you guys do with the bonus

No different than any other income.
All our LT savings are fixed, on auto-pilot, so I guess it gets spent or used for short-term savings projects.
it's not stamped with a "special bonus money" designation or anything like that.
by MnD
Wed Sep 28, 2016 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: What is it like to plan for retirement a couple years before the big day?
Replies: 15
Views: 1936

Re: What is it like to plan for retirement a couple years before the big day?

I keep a side-by-side google spreadsheet with before retirement and after retirement columns and with rows for the positives of gross income (earned, pension, other retirement income and withdrawals from investments income) and the minuses of things that will change significantly pre and post retire...
by MnD
Wed Sep 28, 2016 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Cancelling Credit Card After Switch?
Replies: 10
Views: 1026

Re: Cancelling Credit Card After Switch?

Close it. Financially responsible people will not run their credit scores down into a range where it has any real-world consequences by properly managing their financial affairs, which includes closing unwanted and unneeded credit accounts for financial simplicity. We have always closed unwanted acc...
by MnD
Sat Sep 24, 2016 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Request to add income to credit card profile
Replies: 10
Views: 1055

Request to add income to credit card profile

Got one of these and a couple questions Any reason to comply or not comply with this request? Our current credit lines on our cards are way more than adequate. If we comply, what is the definition of income as far as CC companies? Joint income or individual? Earned income or total income? Gross or M...
by MnD
Fri Sep 23, 2016 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Threshold for pre-notifying credit card companies?
Replies: 40
Views: 2890

Re: Threshold for pre-notifying credit card companies?

I don't notify.
i have 3 cards from 3 issuers to maximize rewards - backup for card locks is a secondary benefit.
I dump a card if they get annoying on card locks because it indicates their algorithms are not smart.
Some CC companies are vastly better than others in this regard.
by MnD
Fri Sep 23, 2016 12:19 am
Forum: Investing - Theory, News & General
Topic: Extreme Maximization of College Financial Aid
Replies: 88
Views: 5352

Re: Extreme Maximization of College Financial Aid

Our oldest was (arguably) one of the top 200 students in the nation. We paid $18K/year for the best in-state niche STEM college for undergrad (25% merit scholarship). A prestigious top-5 in her field Uni is now paying her to get her PhD straight from undergrad. I think when she graduated from underg...
by MnD
Tue Sep 13, 2016 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119194

Re: What's Your Credit Card Rewards Strategy?

Not sure I understand the "presuming you have a Chase Freedom". CSR which opens the UR portal and effectively 4.5% back on travel and dining. The CFU adds an effectively 2.25% back card on everything else. Not a bad two-card strategy. Adding a category card like CF is fine, but in my expe...
by MnD
Tue Sep 13, 2016 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119194

Re: What's Your Credit Card Rewards Strategy?

For those with the Chase Sapphire Reserve, who plan on keeping it- the Chase Freedom Unlimited should now become a very nice complementary card. Yes, it's 1.5 points per dollar, which is less than a Citi Doublecash, but since you can transfer points to the CSR, they can be used towards travel at 1....
by MnD
Sun Sep 11, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard....I know, it's been discussed!
Replies: 23
Views: 2983

Re: Schwab vs Vanguard....I know, it's been discussed!

Been at Schwab for 20+ years and very pleased. They have never tried to sell me anything and service is first-rate. I've had just about every kind of account including less common things like ESA's, HELOC and their 2% back credit card (miss that one). Will be moving all banking over to them this win...
by MnD
Sat Sep 10, 2016 4:28 pm
Forum: Investing - Theory, News & General
Topic: ["Wells Fargo Fined for Years of Harm to Customers"]
Replies: 129
Views: 9187

Re: ["Wells Fargo Fined for Years of Harm to Customers"]

It's not just Wells Fargo. US Bank in 2013 opened up an unauthorized credit card for me when I refi'd my mortgage. Gave them zero authorization of any kind and yes i checked all the fine print in the mortgage app. At the closing for that same US bank refi they also had an unexplainable 20 days of pr...
by MnD
Sat Sep 10, 2016 12:53 am
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Budget?
Replies: 113
Views: 14168

Re: Do Bogleheads Budget?

Nope. We take out investment/savings first to meet our long-term goals and spend the rest like drunken sailors. We used to feel guilty about the lack of budgeting on the spending side but after a while we determined it would cause more stress than benefits so quit worrying about it. :beer p.s. And I...
by MnD
Tue Sep 06, 2016 10:31 pm
Forum: Personal Consumer Issues
Topic: Are LED bulbs getting more efficient?
Replies: 34
Views: 3948

Re: Are LED bulbs getting more efficient?

wrongfunds wrote:where do you recycle working CFL bulbs? I am reluctant to land fill working CFL bulbs.


I donated all our working CFL's to the thrift store.
Seems like used CFL's bought for (hopefully) very low prices by people on a very limited budget would have a fast payback.
by MnD
Mon Sep 05, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: FERS retirement: Final taxes and TSP
Replies: 51
Views: 5835

Re: FERS retirement: Final taxes and TSP

I plan to retire in 2018 after hitting the Social Security tax earnings cap with regular earnings but before the annual income earned for the year plus the leave payout would push us into the next tax bracket or AMT. Looks like October 2018 is the sweetspot. 6.2% FICA saved is a better deal than 3% ...
by MnD
Sun Aug 28, 2016 11:57 am
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 61
Views: 14080

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

A few observations: The couple people in this thread saying they made significant AA changes or are considering them after reading a 5-minute article is more than a tad disturbing. Is that all it takes? Kudos to Dr. Bernstein for backing off his past ultra-conservative SWR's and AA's that, if follow...
by MnD
Sat Aug 27, 2016 12:51 am
Forum: Investing - Theory, News & General
Topic: Schwab now offering low cost Target Date funds
Replies: 28
Views: 3638

Re: Schwab now offering low cost Target Date funds

That's great news. That was a big hole in the Schwab offerings.
My daughter has two Schwab accounts with a mix of ETF's I set up.
She has no interest in it as far as monitoring or rebalancing so I'll suggest she move it all to the 2060 fund.
by MnD
Thu Aug 18, 2016 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 304
Views: 44150

Re: Self-made Millionaires: how did hitting 7 figures change you?

Nothing much...... You have asset worth, net worth, investment net worth, retirement account net worth and more importantly, your very specific number where you feel you have achieved financial independence. Hitting various milestones are fun and sure beats the alternative, but not some big life dea...
by MnD
Mon Aug 15, 2016 7:23 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 106
Views: 14225

Re: How much international stock? A suggestion.

The idea that one should emulate a world fund?...phooey! For US investors, international markets certainly carry added risks and costs--any argument there? Whole countries and currencies are still at risk of total destruction today. Added costs and risks are not a meaningful argument against holdin...
by MnD
Sun Aug 14, 2016 8:55 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 106
Views: 14225

Re: How much international stock? A suggestion.

Bogle's a patriot. Invest in America. If that's wrong, he doesn't want to be right =) The Boglehead philosophy is to index the markets as broadly as possible, versus following appeal to authority, appeal to patriotism or other common logical fallacies. The progression of equity diversification over...
by MnD
Tue Aug 09, 2016 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Will banks let you pay only the interest part of your mortgage?
Replies: 17
Views: 2254

Re: Will banks let you pay only the interest part of your mortgage?

Negotiating a period of interest only (6-12 months) used to be an commonly allowed practice among lenders when people hit a tough financial spot. It was definitely something you had to ask for and be approved for on a loan-by-loan basis. I suppose with all the rules now and the fact few banks hold t...
by MnD
Sun Aug 07, 2016 2:45 pm
Forum: Investing - Theory, News & General
Topic: Avoid International?
Replies: 103
Views: 10054

Re: Avoid International?

The heck with these inferior international companies in far-away lands making who knows what...... I'm going to sit here with my Motorola Moto X cell phone, my Bud Light, watch something on Fox News, run over to my Frigidaire and make a Smithfield ham sandwich with plenty of Hellman's mayo and Frenc...
by MnD
Sun Aug 07, 2016 9:23 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 106
Views: 14225

Re: How much international stock? A suggestion.

I just look up whatever Vanguard World has for international with no rebalancing and new money goes in at around whatever the current global cap split is. This eliminates a lot of rebalancing transactions and hand-wringing over knowing the "right" US/-ex-US allocation. Likewise for the sub...
by MnD
Sat Jul 23, 2016 7:59 am
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 9578

Re: Reliving the Nightmare of the Crisis

I like re-reading my 2008/09 posts! One of my favorite responses to a post titled "Disbelief, yearning, anger, depression and acceptances......" https://www.bogleheads.org/forum/viewtopic.php?f=10&t=30756&p=373026#p373026 Postby MnD » Sat Jan 10, 2009 11:14 pm Oh please..... I'd fe...

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