Search found 131 matches

by Nova1967
Sun Oct 08, 2017 5:04 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7935

Re: Do you want your receipt?

I wouldn't keep a $2 receipt from Starbucks but would keep a receipt for a major purchase like a refrigerator or for something I might need to return
by Nova1967
Fri Sep 08, 2017 6:33 am
Forum: Personal Finance (Not Investing)
Topic: What is the main purpose of holding your current job?
Replies: 66
Views: 5962

Re: What is the main purpose of holding your current job?

They say you should do what you love to do, I love sports but was never good enough to make it as an athlete I stay in my current job to max out on Retirement accounts and add to my pension. Early morning meetings, unreasonable bosses and deadlines will soon be a thing of the past when I retire in 2...
by Nova1967
Sat Sep 02, 2017 9:21 am
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki - rich dad, poor dad
Replies: 45
Views: 4787

Re: Robert Kiyosaki - rich dad, poor dad

Yes, Kiyosaki is pretty strange
by Nova1967
Tue Aug 15, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: What kind of hotel do you get on business travel?
Replies: 44
Views: 3710

Re: What kind of hotel do you get on business travel?

Residence Inn, full breakfast and regular suite type room
Much more preferable to the large impersonal hotels
by Nova1967
Tue Aug 15, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Rent Out or Sell My Condo...
Replies: 21
Views: 2202

Re: Rent Out or Sell My Condo...

Most of the posts are in favor of selling which I agree with, It appears that property taxes are pretty low for 2k on a 375k condo. If you do sell and return to buy a similar condo for the same price take into consideration the increase in property taxes For example a 400k condo at 2 percent tax wou...
by Nova1967
Sat Jul 15, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Tony Robbins new book Unshakeable
Replies: 21
Views: 2674

Re: Tony Robbins new book Unshakeable

Tony has access to a quite a few Giants in the financial world such as Bogle, Dalio etc which provides some interesting perspectives. However, he is a motivation speaker and has no experience in finance. He is out capitalize on book sales. I have read some of his books and listened to his tapes but ...
by Nova1967
Sun Jul 09, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Switch to federal job?
Replies: 80
Views: 8624

Re: Switch to federal job?

Anecdotally, every federal worker I know personally works fewer hours for similar pay but better benefits than their private sector counterparts once they have been in the job for awhile. Will not always be true, but at least is the case in my line of work. (GS-12/13/14 jobs). The job I do in non-f...
by Nova1967
Tue Jul 04, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 159
Views: 12560

Re: Long term care insurance - is it worth it?

I know LTC is promoted by financial gurus like Orman and Ramsey but for a middle of the road retiree it's subjective, If you want to leave a large inheritance it's a feasible option. If there is no desire to leave assets to heirs or charities I don't see how it is practical. There is much uncertaint...
by Nova1967
Sun Jul 02, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement withdrawal rates
Replies: 36
Views: 2983

Re: Retirement withdrawal rates

The 4% rule is based on general assumptions but is vey subjective. Various criteria need to be considered such as pensions, delaying SS until 70, age of retirement, health situations etc
by Nova1967
Sat Jun 24, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Worthwhile TV programming?
Replies: 55
Views: 4400

Re: Worthwhile TV programming?

Not sure what you like to watch but recording shows will save a lot of time, if you have several hundred channels to choose from you can always find something that relates to your interests but if it's not recorded 45 minutes of commercials on a 2 hour movie or documentary can be very time consuming
by Nova1967
Sat Jun 24, 2017 8:24 am
Forum: Investing - Theory, News & General
Topic: Costco vs. Amazon - Thoughts of Prime Members?
Replies: 80
Views: 10068

Re: Costco vs. Amazon - Thoughts of Prime Members?

Amazon is good for some things like used books but it appears that some people just have a fascination with receiving packages in the mail vs the cost efficiency of a warehouse store. I can't see ordering fresh fish, apples, bottled water, toilet paper etc. The line is just as long for the purchase ...
by Nova1967
Fri Jun 16, 2017 5:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 265
Views: 44225

Re: South Florida Local Chapter

niteowls wrote:Anyone interested in forming a south florida chapter- W.P.B. to
Miami, please let me know. Thanks :idea:
It might be better to meet halfway like Ft Lauderdale or Boca
by Nova1967
Fri Jun 16, 2017 5:31 pm
Forum: Personal Consumer Issues
Topic: Worth it to buy expensive clothes?
Replies: 91
Views: 10703

Re: Worth it to buy expensive clothes?

Holy smokes...I went to the thrift store yesterday and got a pair of Polo pants, a pair of Polo shorts, a brand new pair of Greg Norman shorts, a Nike Dri-fit polo, and 2 button-down shirts (Brooks Brothers and J Crew). All are in excellent condition and fit well (I'm fortunate enough to be an off-...
by Nova1967
Fri Jun 16, 2017 5:26 pm
Forum: Personal Consumer Issues
Topic: Worth it to buy expensive clothes?
Replies: 91
Views: 10703

Re: Worth it to buy expensive clothes?

My SO affectionately commented that I dress like I'm wearing a potato sack. There's something to be said for dressing for success. Even if your job is something where how you look shouldn't matter, you may get significantly farther or taken more seriously if you're sharply dressed. As a physician, ...
by Nova1967
Fri Jun 16, 2017 5:17 pm
Forum: Personal Consumer Issues
Topic: Worth it to buy expensive clothes?
Replies: 91
Views: 10703

Re: Worth it to buy expensive clothes?

I wouldn't pay retail for clothing. I buy gently used, last season designer clothes on ThredUp. I also shop at high end thrift or consignment shops. Unless you are in a field where people will especially focus on your clothing and it will cost you business if you aren't dressed impeccably, then I s...
by Nova1967
Sun Jun 11, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Meeting with retirement guru, specializes in federal govt employees
Replies: 72
Views: 8718

Re: Meeting with retirement guru, specializes in federal govt employees

I know there are big changes proposed in the budget for retirement such as elimination of SS Supplement, No COLA, and the pension at high 5 instead of 3. Its something to keep a close look at since the reduction in benefits could be substantial. Not sure if the post borders on the forbidden topic of...
by Nova1967
Sun Jun 11, 2017 9:03 am
Forum: Personal Consumer Issues
Topic: Naming boat
Replies: 62
Views: 3242

Re: Naming boat

Well Deserved
by Nova1967
Fri Jun 02, 2017 7:31 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on REITs
Replies: 66
Views: 8352

Re: Larry Swedroe on REITs

Delete
by Nova1967
Mon May 29, 2017 8:37 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on REITs
Replies: 66
Views: 8352

Re: Larry Swedroe on REITs

are we supposed to chuck our investment plan after ever new study or stay the course? :confused Swedroe reminds me of Benjamin Graham, good stuff but very sophisticated, most of us BHs are content keeping a simplified 3 fund approach or maybe some minor tilts. I don't have a PHD in statistics and I...
by Nova1967
Mon May 29, 2017 8:26 am
Forum: Investing - Theory, News & General
Topic: Great Depression Lesson - Is Total Bond Market Too Risky?
Replies: 28
Views: 5227

Re: Great Depression Lesson - Is Total Bond Market Too Risky?

My bond allocation is in the TSP G fund 30% and F fund 10% , in the crash of 08 they were both up 5%, I believe TBM was also up 5% in 08
by Nova1967
Mon May 29, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: 20 percent international
Replies: 29
Views: 3406

Re: 20 percent international

I never thought of it that way I just assumed 20% INT was 20% of the entire portfolio, For example if I had 100k portfolio at 60/40 I would have 20K in INT. According to the preceding posts I would have 33% in INT much more than I intended to allocate to INT for 2017 but I can't complain considering...
by Nova1967
Thu May 25, 2017 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum
Replies: 37
Views: 9995

Re: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum

njay73--- I didn't see your age? Just curious. But definitely congratulations regardless of it! Thank you, I am 47. Great job! I'm making you my new role model. My new goal is $2M by 47. I don't usually have problems letting people know how much I have. People usually have a problem with me being b...
by Nova1967
Sun May 21, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Has anyone tried Orangetheory Fitness
Replies: 45
Views: 4998

Re: Has anyone tried Orangetheory Fitness

Great workout and vey challenging especially for a 55 year old. The $140 monthly fee is definitely an incentive to attend classes
by Nova1967
Sun May 21, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: What are your priorities for retirement?
Replies: 56
Views: 6320

Re: What are your priorities for retirement?

I retire Sept 30, 2018 My priorities are: Extensive Travel in the U.S and abroad At least 8 hours of sleep Keeping fit Recreational activities such golf,diving,skiing, tennis etc Spend time with aging Mother Considering relocating from FL to AZ to be close to family and friends Have retirement plans...
by Nova1967
Sun May 21, 2017 11:55 am
Forum: Personal Consumer Issues
Topic: What are your priorities for retirement?
Replies: 56
Views: 6320

Re: What are your priorities for retirement?

Retirement Priorities that I am already working on (semi-retired 2 years now) • Take care of my physically challenged spouse. Help her enjoy her remaining years by visiting places & friends. • Continue developing a healthy physical fitness routine that is at least 4 days/week. Maintain healthy annu...
by Nova1967
Sat May 20, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: When will used Rolex prices decline significantly?
Replies: 12
Views: 3048

Re: When will used Rolex prices decline significantly?

I negotiated the purchase of a Gold Rolex Presedential for 10.5K in 2005, I realized the watch was a little tight so I returned to the shop, An extra link for the band was around $250, therefore I believe the price is closely linked to the value of Silver and Gold.
by Nova1967
Mon May 15, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 42742

Re: Regret early retirement/downsizing

My only regret and hardest thing for me are the rainy days - you get locked in the house and there is only so much reading, computer, and housework you can do. I am not a TV watcher unless it is sports. Why don't you buy a good umbrella and maybe rain boots? Why stay in the house when there are so ...
by Nova1967
Sun May 14, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 22403

Re: Buying a luxury car (how dumb would it be to do this?)

If you can afford it a Porsche 911 is a great choice, they can blend into the landscape, they have much more bang for the buck than Ferarri or Lamborghini, and they have good resale value. It's a matter of values and some people like nice cars. Not everyone wants to travel to Paris or go on cruises ...
by Nova1967
Sun May 14, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: Anyone catching the CNBC movie Madoff: from Millions to Billions???
Replies: 15
Views: 4937

Re: Anyone catching the CNBC movie Madoff: from Millions to Billions???

Nova1967 wrote:Sounds like it could be an episode of CNBCs America Greed
by Nova1967
Sun May 14, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: Anyone use Python to analyze their finances?
Replies: 40
Views: 7133

Re: Anyone use Python to analyze their finances?

I can't see what use Python would be to track a portfolio when a simple Excel spreadsheet would do.
Sounds to me like more of a hobby.
by Nova1967
Sun May 14, 2017 3:02 pm
Forum: Investing - Theory, News & General
Topic: Anyone catching the CNBC movie Madoff: from Millions to Billions???
Replies: 15
Views: 4937

Re: Anyone catching the CNBC movie Madoff: from Millions to Billions???

I saw a movie about Madoff several months ago staring Richard Dreyfuss. I enjoyed it, not sure if the CNBC show is a repeat
by Nova1967
Sun May 14, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Was there a $$$ number after which things got easier?
Replies: 72
Views: 10996

Re: Was there a $$$ number after which things got easier?

I believe it gets easier when you pay off your mortgage
I can't give a certain dollar amount since most of my assets are set aside in retirement accounts
by Nova1967
Sat Apr 29, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 138
Views: 14802

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

It seems clear that: If your workplace is like North Korea, then you should act accordingly. But no-one answered my question above (paraphrasing): Why should a workplace necessarily be like North Korea? Some people are just pedantically decreeing that that's just the way it is, and it has to be tha...
by Nova1967
Thu Apr 27, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 164
Views: 13966

Re: When do you plan to die?

Great question, I picked 82, based on most males in the family died in there 70s and lifestyle habits.
Goal is to die broke, if I go beyond estimated age their is SS and a Pension.
If I live into my 80s and 90s I don't anticipate being to active, although it would be nice to play golf
by Nova1967
Thu Apr 27, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 56
Views: 5178

Re: Porsche Lease

From someone who is 69 and seriously considering an AMG for the next B-day I'd say get what you want and go have fun with it. If it's a Boxster (had a 1998 and a 2000 S) I say be sure to locate your local Porsche Club of America branch and go autocrossing with it as it's way too fast a car to push ...
by Nova1967
Thu Apr 27, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 56
Views: 5178

Re: Porsche Lease

From someone who is 69 and seriously considering an AMG for the next B-day I'd say get what you want and go have fun with it. If it's a Boxster (had a 1998 and a 2000 S) I say be sure to locate your local Porsche Club of America branch and go autocrossing with it as it's way too fast a car to push ...
by Nova1967
Thu Apr 27, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 56
Views: 5178

Re: Porsche Lease

Many years ago, I attended a company picnic. I recall laughing when the company president had to go out to his Porsche in the parking lot because he forgot to turn off the headlights. My Camry turned the lights off automatically. I bet your boss picks up more women with his Porsche than you do with...
by Nova1967
Fri Apr 21, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 572
Views: 214608

Re: TV show recommendations?

bloom2708 wrote:
Nova1967 wrote:Bill O Reilly and Keeping up with the Kardashians
You have to use the :wink: icon after recommending a canceled show. :wink:

+1 for Fargo (season 3). Better Call Saul (season 3) also just started. This is the prequel to Breaking Bad.
He'll be back
by Nova1967
Fri Apr 21, 2017 8:43 am
Forum: Investing - Theory, News & General
Topic: Visualizing the devastating impact of fees
Replies: 54
Views: 5898

Re: Visualizing the devastating impact of fees

I'm grateful to the BHs and Jack Bogle books helping me to realize the benefits of low fees. When I first started investing in the 80s and 90s it was normal to get a 20% return therefore 1% did not seem to be that much. Nowadays with 5% the norm its understandable why low fee index funds are so popu...
by Nova1967
Fri Apr 21, 2017 7:48 am
Forum: Personal Finance (Not Investing)
Topic: CPA or TurboTax
Replies: 18
Views: 1714

Re: CPA or TurboTax

I prefer Turbo tax, I go to a CPA is I get a letter from the IRS and need to correct a discrepancies
by Nova1967
Fri Apr 21, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 572
Views: 214608

Re: TV show recommendations?

Bill O Reilly and Keeping up with the Kardashians
by Nova1967
Fri Apr 21, 2017 7:37 am
Forum: Personal Consumer Issues
Topic: Home Insurance Premium - How to decrease.
Replies: 41
Views: 4544

Re: Home Insurance Premium - How to decrease.

I have a 25k deductible for Wind , even if I have to use it once in 20 years my savings will exceed my deductible.
by Nova1967
Sun Apr 16, 2017 9:36 am
Forum: Investing - Theory, News & General
Topic: Merrill Lynch advisory fees
Replies: 22
Views: 2395

Re: Merrill Lynch advisory fees

In 1981 at age 17 I bought my first stock with Merrill Lynch, $2500.00 for shares of IBM, I thought it was odd that they would charge a $100 commission and another $100 when I sold. It came out to 8% fees for a stock I lost money on, Live and Learn. I eventually discovered Fidelity and Vangaurd whic...
by Nova1967
Sat Apr 15, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: My kids don't care about saving
Replies: 114
Views: 12820

Re: My kids don't care about saving

Your kids situation replicates 95% of 20 somethings, At that age it's hard to imagine being 65 and retired. I know when I was in my 20s opening an IRA was the furthest thing from my mind.
by Nova1967
Fri Mar 31, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 164
Views: 13966

Re: When do you plan to die?

I'd like to deplete most of my assets by 80, after that I can get by on a small pension and hopefully SS that I will delay until 70.
by Nova1967
Sun Mar 19, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 7548

Re: Am I Addicted

Sounds like when your time comes someone will reap the benefits of your addiction.
by Nova1967
Sat Mar 18, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 173
Views: 20960

Re: "Millionaire Next Door" Net Worth Formula

"So what if you didn’t start working until you completed an advanced degree, served in the military or were disabled? In such cases, you need to deduct those years from your current age when using the Wealth Equation. Again, if you haven’t reached your 50s, the Wealth Equation" In the article he sa...
by Nova1967
Sat Mar 18, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 173
Views: 20960

Re: "Millionaire Next Door" Net Worth Formula

"So what if you didn’t start working until you completed an advanced degree, served in the military or were disabled? In such cases, you need to deduct those years from your current age when using the Wealth Equation. Again, if you haven’t reached your 50s, the Wealth Equation is likely to overstate...
by Nova1967
Fri Mar 17, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: PayPal - Any Disadvantages?
Replies: 49
Views: 5252

Re: PayPal - Any Disadvantages?

I opened a paypal accounted several years ago to make some purchases on E Bay After many years of inactivity I noticed PayPal transaction taking a few thousands dollar from my Bank of America checking account. I resolved the issue by changing my Bank Account number and was reimbursed I will never us...