Search found 2736 matches

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: 71
Views: 4396

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: 36
Views: 2050

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: 1704

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: 863

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: 880

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: 2464

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: 4457

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: 784
Views: 77595

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: 784
Views: 77595

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: 2379

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: 8089

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: 104
Views: 12316

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: 3536

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: 5604

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: 13308

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: 24
Views: 2301

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: 300
Views: 39527

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: 84
Views: 7627

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: 84
Views: 7627

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: 2131

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: 99
Views: 8192

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: 84
Views: 7627

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: 9056

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...
by MnD
Sun Jul 03, 2016 12:05 pm
Forum: Investing - Theory, News & General
Topic: EM vs DM in International
Replies: 18
Views: 2308

Re: EM vs DM in International

According to Personal Capital my international stock allocation is 80.4% developed and 19.6% emerging.
Vanguard Total International ETF indicates 17.7% in EM, so close enough.
by MnD
Sun Jul 03, 2016 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 61
Views: 5912

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

Thank you so much - this sounds like a good plan. Yes they have been paid 65% of allowable charges (would have 85% if in-network). I also plan to contact my state insurance office regarding the specifics of a Colorado state law to hold patients harmless from balance billing when an in-network primar...
by MnD
Sun Jul 03, 2016 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 61
Views: 5912

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

Intens wrote:And I would be curious why they are out of network for "everyone"? Just these two physicicans? How are they able to create this money-making setup for themselves?


That was the main message from the primary surgeon's office. These two individuals participate with no insurance networks.
by MnD
Sun Jul 03, 2016 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 61
Views: 5912

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

Do we even know how long these 2 doctors worked for? How long was the surgery? 1 hour surgery plus some prep. Wheeled in to OR at 6pm (surgeon was running very late) and I was being driven home by 9:30pm. Non-emergency laminectomy and decompression due to disk herniation at L4/5. No hardware, no fu...
by MnD
Sat Jul 02, 2016 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 61
Views: 5912

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

Heard back from the surgeons office. I guess next I'll see what amount they actually bill me for and then take it up with the mystery duo and my insurer. Both persons were involved in monitoring nerve function while in surgery. They're out of network for everyone's insurance so they work out a plan ...
by MnD
Fri Jul 01, 2016 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 61
Views: 5912

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

My suggestion would be to contact your surgeon to verify whether or not these individuals were involved with your treatment. If not, you should notify your insurance co. I started here - secure message to primary surgeon's office. I'm going to do everything via email or secure message - no phone ca...
by MnD
Fri Jul 01, 2016 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 61
Views: 5912

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

As you probably know you're a victim of "balance billing." Some states impose restrictions on this practice. Here's a ConsumersUnion's guide on this, particularly as it addresses state laws (page 6) http://consumersunion.org/wp-content/uploads/2015/11/SurprisebillsAdvocatesGuide.pdf Good ...
by MnD
Thu Jun 30, 2016 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Handling "drive-by" doctoring bills following surgery?
Replies: 61
Views: 5912

Handling "drive-by" doctoring bills following surgery?

(Not seeking medical advice but rather consumer/insurance billing advice) I had outpatient back surgery in December to decompress root nerves at L4-L5 from a herniated disk. I thought I was a smart consumer about it. I ensured my orthopedic surgeon, his PA that functioned as the assistant surgeon, t...
by MnD
Fri Jun 24, 2016 10:38 am
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 118
Views: 10761

Re: International stocks in free fall

June 2016 is my 30th year anniversary of buying stocks and bonds each and every month and/or every two weeks. I guess I'll be buying a few more shares of both US and international equity per the set dollar purchase if this little decline persists. :happy I'll check rebalancing bands as always, but d...
by MnD
Sat Jun 18, 2016 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Costco - Executive vs. Gold Membership
Replies: 17
Views: 2241

Re: Costco - Executive vs. Gold Membership

We average $1500 a month spend at Costco so it's a no-brainer.
Many Costco services have additional executive member benefits and discounts beyond the 2%.
by MnD
Sat Jun 18, 2016 8:40 am
Forum: Personal Finance (Not Investing)
Topic: FERS best day to retire usually 12/31 advice
Replies: 8
Views: 1803

Re: FERS best day to retire usually 12/31 advice

Thanks - all good information I was aware of but it doesn't hurt to review. At age 56 in later 2018 I'll have 36 years of federal service and 40 years with SS earnings so I should do pretty well with the formula. I'm struck by how many of my coworkers don't even know the supplement exists, let alone...
by MnD
Sat Jun 11, 2016 10:20 am
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 118
Views: 6912

Re: What is your overall portfolio weighted expense ratio

.11%.
If I didn't have 4 Dodge and Cox funds it would be a lot lower.
by MnD
Sat May 21, 2016 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 53
Views: 2540

Re: DODIX

To those who mentioned it, OK, BBB is technically not a junk bond, but it's the lowest rating of investment grade. DODIX does contain 37% BBB corporate bonds and is not a good choice for the OP, at least not at this time. There is no "technically or non-technically" modifier in investment...
by MnD
Sat May 21, 2016 10:50 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 53
Views: 2540

Re: DODIX

What would you think if everyone was saying oh why did you sell this. It is such a great performer. It does better than Vanguard. Big mistake..... DODIX has done slightly better than Vanguard Total Bond Market fund over the past 10 years with somewhat more risk. No-one knows how it will compare in ...
by MnD
Sat May 21, 2016 10:17 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 53
Views: 2540

Re: DODIX

pkcrafter wrote:shakenbake, I'm going to agree with you, DODIX is not an appropriate bond fund for you. It contains about 45% high quality bonds and also contains about 40% junk bonds, and the overall rating is BBB.


According to Morningstar 10.4% of DODIX bonds are below investment grade (5.9% BB, 4.5% B).
by MnD
Sat May 21, 2016 8:45 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 20643

Re: Is there a such thing as a blue collar Boglehead?

My neighborhood is full of blue-collar decent income types (plumbers, electricians, firefighters, power plant maintenance, railroad, electric utility....). As a class they are good at managing debt, spending, LBYM, savings, but really struggle with investing. Many of them lack confidence and feel th...
by MnD
Thu May 19, 2016 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Pride in no inheritance to kids?
Replies: 233
Views: 2039

Re: Pride in no inheritance to kids?

Unless you annuitize _everything_ including home equity it's rather difficult for a Boglehead type to not leave a significant inheritance. I don't have leaving an inheritance as a primary or even a significant financial goal, but each kid getting a big chunk of change when we have both checked out i...
by MnD
Wed May 18, 2016 9:00 am
Forum: Investing - Theory, News & General
Topic: What % do you have in alternatives? REITs, commodities, etc.)
Replies: 67
Views: 4245

Re: What % do you have in alternatives? REITs, commodities, etc.)

3% according to Personal Capital.
I consider my home an an asset and an alternative one at that (despite dire Boglehead warnings that I am supposed to pretend it doesn't exist) so 29% including personal residence.
by MnD
Sun May 15, 2016 6:54 pm
Forum: Investing - Theory, News & General
Topic: Roth 401(k) in a 28% bracket thoughts
Replies: 14
Views: 1994

Re: Roth 401(k) in a 28% bracket thoughts

I've never understood these threads. Virtually all of our 401-K contributions were made to reduce income taxes being paid at the 28% federal bracket rate (and some pre-2002 at the old 31%-35% brackets). Our retirement savings are now roughly 80% 401-K and tIra, 10% inherited tIra and 10% taxable. In...
by MnD
Sat May 14, 2016 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: 25x income needs or 25x residual living expenses?
Replies: 24
Views: 3764

Re: 25x income needs or 25x residual living expenses?

All income sources will leave a shortfall of $18,000(our residual living expense ~1.5% WR) which we will withdraw from our portfolio. This will continue until I take SS at either 66(2027) or 70(2030). At either 67 or 70 we will have more than enough to cover our expenses and hopefully portfolio wit...
by MnD
Tue May 10, 2016 10:52 pm
Forum: Investing - Theory, News & General
Topic: Another Bernstein Gem-Don't be Greedy
Replies: 42
Views: 7824

Re: Another Bernstein Gem-Don't be Greedy

The article setup - 5% SWR with locked in inflation increases and retiring on a near-worst day in 100 years provides much of the drama in this story. 4 to 5 % of portfolio balance withdrawals takes away a lot of the excitement, even with a relatively high equity allocation. If equity returns are jus...
by MnD
Sat May 07, 2016 4:38 pm
Forum: Investing - Theory, News & General
Topic: Does T.R. Price add value for its investors
Replies: 43
Views: 5598

Re: Does T.R. Price add value for its investors

No Dodge and Cox comparison?
With only 3 distinct funds with any longevity - Stock, Int. Stock and Income (Global stock and Balanced Fund being effectively blends) that one would seem to be easy. And no slouch when it comes to AUM.
by MnD
Fri May 06, 2016 7:02 pm
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 7384

Re: How many funds in your portfolio?

We have 18 positions across 7 accounts.
16 funds, one stock by choice and one privately held ESOP shares we can't sell yet.
by MnD
Mon May 02, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: FERS best day to retire usually 12/31 advice
Replies: 8
Views: 1803

Re: FERS best day to retire usually 12/31 advice

While I'm not there yet, I like the idea of retiring at the very end of the year, even though I'll have reached the maximum income for Social Security taxes before the end of the year. Here's my rationale in order of importance: 1. I don't mind paying into Social Security the year after I retire be...
by MnD
Sun May 01, 2016 8:06 am
Forum: Personal Finance (Not Investing)
Topic: denied Schwab overdraft credit line and trying to understand why
Replies: 30
Views: 3363

Re: denied Schwab overdraft credit line and trying to understand why

Interesting..... I was unaware that Schwab Bank offered an overdraft credit line on checking. In the Schwab account agreement I see now it mentions one may be offered to certain customers , but I've yet to find any specific info on it. Is there a charge/fee for accessing it other than the interest t...
by MnD
Sat Apr 23, 2016 2:13 pm
Forum: Investing - Theory, News & General
Topic: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?
Replies: 88
Views: 8778

Re: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?

We are planning on 5% of portfolio balance of 75/25 constant allocation.
I have evaluated many other approaches and keep coming back to that one.
by MnD
Mon Apr 18, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: FERS best day to retire usually 12/31 advice
Replies: 8
Views: 1803

FERS best day to retire usually 12/31 advice

This common advice to Federal employees seems to guarantee all your vacation payout will be subject to an additional 6.2% FICA tax does it not? For those that hit the earnings cap annually, shouldn't a possible best day be a date after you hit the SS earnings tax cap and before when the annual leave...

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