Search found 4209 matches

by Sheepdog
Mon May 30, 2016 11:23 pm
Forum: Investing - Theory, News & General
Topic: What was your first investment?
Replies: 115
Views: 3949

Re: What was your first investment?

rustymutt wrote:
I still mow my own twice a week. Love mowing, always have.

So did I as a kid and do I now, but no rider. It is great exercise.
by Sheepdog
Mon May 30, 2016 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Informing your adult kids about your detailed personal finances
Replies: 23
Views: 2618

Re: Informing your adult kids about your detailed personal finances

Our parents never knew what we had. It wasn't their business, we thought. As far as my children's net worth, I have no idea of their actual total, either, but I can guess that the oldest son's net worth is good, but not great. And the youngest must be doing very well since he just bought a $500K hou...
by Sheepdog
Mon May 30, 2016 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Growth of Medicare Advantage enrollment
Replies: 13
Views: 801

Re: Growth of Medicare Advantage enrollment

I changed to an Advantage plan 3 years ago. Not only is an Advantage plan saving me over $2000 a year, I am able to change plans with pre-conditions, not like Medigap plans. There are only 3 Advantage plans in my area. I was able to enroll in one plan the first year, then the other two following. Th...
by Sheepdog
Sun May 29, 2016 8:55 am
Forum: Investing - Theory, News & General
Topic: Retiree feelings about nest egg
Replies: 34
Views: 5354

Re: Retiree feelings about nest egg

The day I retired and I took my modest pension as a lump-sum and I knew that I and/or my wife was going to have to live off of this money for the rest of our lives for over 30 years, no second chances, I looked in that mirror and said, "Okay, fella, this is it. You've made your bed, so go sleep...
by Sheepdog
Sun May 29, 2016 12:02 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this
Replies: 170
Views: 38793

Re: I can't believe I am thinking this

I thank those here for what you have said about my contributions in this forum. So many here have assisted me with their advice and wisdom that if I said some things which rings bells with some, i am pleased, even though i am amazed. I'll try to make a few additional comments using JCE66's questions...
by Sheepdog
Sat May 28, 2016 2:01 am
Forum: Personal Finance (Not Investing)
Topic: Advice on chemist going back for chemE?
Replies: 20
Views: 1123

Re: Advice on chemist going back for chemE?

I am repeating what others have said that ChemE is not chemistry and vice versa. Really, the Chemical engineering name should have been called a Physics engineer. There are many more physics principles than chemistry principles in the ChemE education and occupation (plus electrical, mathematics, and...
by Sheepdog
Sat May 28, 2016 12:58 am
Forum: Investing - Theory, News & General
Topic: New Book: Living off Your Money (Michael McClung)
Replies: 60
Views: 8167

Re: New Book: Living off Your Money (Michael McClung)

Too late for me. I had to learn by this great forum and the professor of hard knocks and he and you all did okay.
by Sheepdog
Sat May 28, 2016 12:42 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this
Replies: 170
Views: 38793

Re: I can't believe I am thinking this

I awoke at 1 am, turned on the computer, and opened this continued thread of mine from 2008. It must have been buzzing around to get me to look at it at this time of night. There is this little new story to tell: I must have been having a premonition that this was coming back a few days ago. I had w...
by Sheepdog
Thu May 26, 2016 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Geico or State Farm - auto insurance
Replies: 19
Views: 1576

Re: Geico or State Farm - auto insurance

As has been said, it is all location for rates (and age perhaps). In my home town Geico and State Farm give high quotes. I asked for quotes again this spring from about 15 companies. I never shop with as few as 2. Geico was the highest again. My lowest, as it was the last 5 years, was The Hartford t...
by Sheepdog
Thu May 26, 2016 5:20 am
Forum: Investing - Theory, News & General
Topic: The problem with predictions: Will 2000-Era Retirees Experience the Worst Retirement Outcomes in U.S. History?
Replies: 33
Views: 3302

e: The problem with predictions: Will 2000-Era Retirees Experience the Worst Retirement Outcomes in U.S. History?

Let me assume that I retired in Jan 2000 instead of Oct 1998, I will take my investment value on 1/2000 as the beginning, how did I do? I lived off that investment and SS. My 2000-02 investment performance was negative as was 2008, but all other years in the period were positive. I took out an annua...
by Sheepdog
Tue May 24, 2016 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: FICO Score - Can You Explain This
Replies: 24
Views: 2539

Re: FICO Score - Can You Explain This

Sunny Sarkar wrote:
Sheepdog wrote:Penfed Visa 860

I thot the ceiling was 850. Aw shucks... now my fico-ego is deflated :oops:


Penfed's FICO score has a maximum of 950 according to their website.
by Sheepdog
Tue May 24, 2016 10:50 pm
Forum: Investing - Theory, News & General
Topic: What was your first investment?
Replies: 115
Views: 3949

Re: What was your first investment?

In the WWII period, as a boy, I purchased $25 War Bonds at school. They cost $18.75 each. Later, as an adult, with other than savings accounts and CDs, it was The Wellington Fund, in the 1960s, before Vanguard was started. Wellington was later purchased by Vanguard. That Wellington had been inherite...
by Sheepdog
Tue May 24, 2016 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: FICO Score - Can You Explain This
Replies: 24
Views: 2539

Re: FICO Score - Can You Explain This

I just checked my scores:
Barclaycard Visa and MC 822
Discovercard 818
Penfed Visa 860
Capitable One MC 814
I have never looked at them all. Interesting. As noted...different sources and timing
by Sheepdog
Tue May 24, 2016 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason NOT to change MediGap coverage?
Replies: 10
Views: 970

Re: Any reason NOT to change MediGap coverage?

My wife and I changed insurers several times over the years to get better rates. There were not any differences except rates. Sure, as we got older with health problems, we were not able to change again; that is, until we changed to lower cost Advantage plans. Anyway, I see no reason why I would not...
by Sheepdog
Mon May 23, 2016 2:19 pm
Forum: Personal Consumer Issues
Topic: Painting House Interior - How easy to do it yourself?
Replies: 100
Views: 5066

Re: Painting House Interior - How easy to do it yourself?

I know a little bit (Paint manufacturing was my career). I have always painted my houses inside and out by myself. Point one: Buy the best paint. Don't buy the cheapest.....don't. Point two: Rather than write advice Google this to sees some good videos on how to paint a room: https://www.google.com/...
by Sheepdog
Fri May 20, 2016 12:58 pm
Forum: Personal Consumer Issues
Topic: series/ movies filmed in your home town?
Replies: 87
Views: 2684

Re: series/ movies filmed in your home town?

There were 2 independent movies made in my town, "Vanished" and "The Drunk" and 1 in process "The Promise" starring Ken Kercheval.
by Sheepdog
Thu May 19, 2016 4:05 pm
Forum: Investing - Theory, News & General
Topic: Is anyone here currently getting an annuity payout?
Replies: 19
Views: 2119

Re: Annuity companies: "I'm still here."

I am receiving annuity payouts from two SPIA annuities (originally Genworth and Aviva) purchased over 10 years ago. Payouts started as promised and have continued exactly as stated in the contracts. I am 92 and last year I was asked by one of the companies to provide proof I am still alive. I'm sur...
by Sheepdog
Thu May 19, 2016 4:01 pm
Forum: Investing - Theory, News & General
Topic: Is anyone here currently getting an annuity payout?
Replies: 19
Views: 2119

Re: Is anyone here currently getting an annuity payout?

I have purchased 3 small SPIAs the last 3 years (after I reached 80) and the last of those was just this year at 82, the purpose of which was that they plus SS would cover all of our normal expenses. I did that to help my wife if I become incapacitated or when I pass on. Payouts are as written.
by Sheepdog
Thu May 19, 2016 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Hail damage on roof; what to do with Insurance Providers' $9,950 check
Replies: 51
Views: 3758

Re: Hail damage on roof; what to do with Insurance Providers' $9,950 check

Over those years did you lose any money because you didn't file because of your high deductible? If not you are one very lucky dude. If my saving were the same $200 and applying the five claims I actually made, I would have lost 25,000-10,000=15,000 Like much of everything in life, a lot can be inf...
by Sheepdog
Thu May 19, 2016 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Withdrawals
Replies: 14
Views: 1052

Re: Withdrawals

My “portfolio” consists of my taxable accounts and my tax advantaged accounts (IRAs/TSP). My checking account is not considered part of my portfolio. Anything that moves into my portfolio is a contribution. Anything moving out of my portfolio is a withdrawal. At the end of the year, if withdrawals ...
by Sheepdog
Thu May 19, 2016 10:20 am
Forum: Personal Consumer Issues
Topic: When do you use cash, when a credit card?
Replies: 49
Views: 4040

Re: When do you use cash, when a credit card?

Leeraar wrote:
TheRightKost87 wrote:The chip readers are slow for the most part - ...

The chip readers in my area have gotten dramatically faster in the last month or two. It now takes just a couple of seconds.

L.

ditto here
by Sheepdog
Thu May 19, 2016 9:04 am
Forum: Personal Consumer Issues
Topic: When do you use cash, when a credit card?
Replies: 49
Views: 4040

Re: When do you use cash, when a credit card?

I use a credit card wherever credit card can be used. Why? it is convenient and more advantageous for me, it is easier then to keep track of all expenses in my financial software, and for my credit card rewards. I earn over $1000 every year in those rewards. When do I use cash and checks then? There...
by Sheepdog
Wed May 18, 2016 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawals
Replies: 14
Views: 1052

Re: Withdrawals

Just to clarify, dividends taken as cash aren't "withdrawals" until the money is actually spent? In my view of the world it'd be a withdrawal if it was spent or bucketed for spending, i.e., set aside for spending vs. savings. This is basically my opinion on withdrawals in retirement. I co...
by Sheepdog
Wed May 18, 2016 2:45 pm
Forum: Personal Consumer Issues
Topic: Did your children ever completely move out?
Replies: 53
Views: 3744

Re: Did your children ever completely move out?

Yes, both of our sons moved out after graduating from college and they took everything they wished. We gave away their furniture, redecorated their rooms and refurnished them as guest rooms. They no longer looked like "boys" rooms. When they visit, they stay in these guest rooms.
by Sheepdog
Tue May 17, 2016 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Hail damage on roof; what to do with Insurance Providers' $9,950 check
Replies: 51
Views: 3758

Re: Hail damage on roof; what to do with Insurance Providers' $9,950 check

What I have been told and read online is that as soon as you formally talk to your insurance company it shows up on your CLUE report regardless of if a paid claim results or not. That is correct. At one time I asked my then insurance company just a question "If I have mold someday, how is that...
by Sheepdog
Tue May 17, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Hail damage on roof; what to do with Insurance Providers' $9,950 check
Replies: 51
Views: 3758

Re: Hail damage on roof; what to do with Insurance Providers' $9,950 check

Not sure how this example would help you but, I am honestly wondering why your deductible was so high. Being a Boglehead, I tend to be looking for ways to save money. I am so grateful, that in regards to insurance, I always looked for the best rate but not at the expense of reduced coverage or fina...
by Sheepdog
Tue May 17, 2016 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Pension or Lump Sum?
Replies: 11
Views: 1048

Re: Pension or Lump Sum?

immediateannuities.com gives an estimate of $860 a month for an SPIA with joint survivorship no period certain for a lump sum of $195,000 taken in 3 months. The 4% rule would allow you to take out $650 a month initially from the lump sum. The 4% rule is just a guideline. You would also have to mana...
by Sheepdog
Mon May 16, 2016 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do you respond to linkedin recruiters? (Engineer)
Replies: 32
Views: 2703

Re: Do you respond to linkedin recruiters? (Engineer)

I'm glad that I asked this question. It seems some of these messages may be more legitimate then I gave them credit for. If nothing else it will be a good reason to polish up the resume and practice my networking/interviewing skills. It has been a while. And update your Linkedin profile. You wrote ...
by Sheepdog
Mon May 16, 2016 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Do you respond to linkedin recruiters? (Engineer)
Replies: 32
Views: 2703

Re: Do you respond to linkedin recruiters? (Engineer)

My son (a former engineer who had advanced into management) was recently recruited via Linkedin. He was not actively looking. The contact (a "headhunter") sent a message describing the position (v.p. of manufacturing for a large corporation). He thought that was interesting so he contacted...
by Sheepdog
Sun May 15, 2016 10:14 pm
Forum: Investing - Theory, News & General
Topic: Money Monster Movie
Replies: 5
Views: 1123

Re: Money Monster Movie

I enjoyed it when I saw it Saturday. Cramer came to mind with me also.
by Sheepdog
Sat May 14, 2016 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: What was your hardest retirement transition?
Replies: 61
Views: 8880

Re: What was your hardest retirement transition?

Does anyone else crave intellectual stimulation that feeds our need for change? How do you handle that need? With your spouse? I handled that by becoming involved with groups that need leadership and my knowledge. I haven't remained with the same group necessarily. I have been on the Board of Direc...
by Sheepdog
Sat May 14, 2016 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: What was your hardest retirement transition?
Replies: 61
Views: 8880

Re: What was your hardest retirement transition?

Maybe I missed it but no one misses their co-workers or had any office rituals they enjoyed? I gotta believe I will really miss the people I work with when I go. i did miss them, but I realized that would be the case, especially after a nice retirement dinner, but even more so after the small gifts...
by Sheepdog
Sat May 14, 2016 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 5901

Re: Do all Boglesheads die at 100?

midareff wrote:
Sheepdog wrote:Not me. I'm scheduled for 103 just after finishing a medium rare prime rib and a double Manhattan.



Can I substitute in rib eye and single malt?

Sure can. I am planning on that for the day before my last one.
by Sheepdog
Thu May 12, 2016 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Downsize to One Auto in Retirement ?
Replies: 43
Views: 3234

Re: Downsize to One Auto in Retirement ?

We go our separate ways too much. Who gets the car this morning, this afternoon, the next hour even? That would not work for us.
by Sheepdog
Wed May 11, 2016 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 5901

Re: Do all Boglesheads die at 100?

Interesting question, should one deplete stocks or bonds first, or equally? That's for you to decide for what you want, i reckon. For me? Since reaching 78, I believe my allocation (22% stock at that date) is fixed for the rest of my life and since I don't know my death date, i don't plan on deplet...
by Sheepdog
Wed May 11, 2016 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 5901

Re: Do all Boglesheads die at 100?

Not me. I'm scheduled for 103 just after finishing a medium rare prime rib and a double Manhattan.
by Sheepdog
Wed May 11, 2016 10:23 am
Forum: Personal Finance (Not Investing)
Topic: What was your hardest retirement transition?
Replies: 61
Views: 8880

Re: What was your hardest retirement transition?

I don't what mine was back in 1998, but I can say what my dear spouse's was....having me around all of the time!. Anyway, I had planned so long that I was prepared. I had good, time consuming hobbies available and was ready to volunteer to help others, and don't forget "Sheepdogs". We were...
by Sheepdog
Wed May 11, 2016 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Best withdrawal plan
Replies: 37
Views: 3724

Re: Best withdrawal plan

There is an active thread (51 posts so far) on this subject (and many more older ones). You should go there to read them and add to it if you don't see what you want. Please go to "Safe Withdrawal Rates" at viewtopic.php?f=1&t=190633.
by Sheepdog
Wed May 11, 2016 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Tenant stops paying rent and refuses to show the house for prospective buyers
Replies: 43
Views: 8178

Re: Tenant stops paying rent and refuses to show the house for prospective buyers

I'm not a lawyer, but if the lease ends on say June 30th and the tenants are still there July 1st, isn't it trespassing and the cops can arrest them? In my state the police will only become involved under a court order and that takes time...months in my area. A close friend tried to have a non-payi...
by Sheepdog
Tue May 10, 2016 4:16 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1641
Views: 342946

Re: What Movie Have You Recently Watched?

The Outlaw , with Jane Russell and Walter Huston. Doc Holiday and Billy the Kid contend for a fickle woman and a faithful horse in 1870s Lincoln, New Mexico. I had no idea that the movie was a comedy. And to think, The Outlaw was banned in many cities when it was introduced, but where it was shown ...
by Sheepdog
Tue May 10, 2016 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: No medical exam life insurance - any decent options out there?
Replies: 14
Views: 803

Re: No medical exam life insurance - any decent options out there?

Google life insurance without medical exam and you will find some sources to apply online. Make applications including answering health questions.
by Sheepdog
Mon May 09, 2016 8:22 am
Forum: Investing - Theory, News & General
Topic: NY Federal Reserve President Signals Higher US Interest Rates
Replies: 26
Views: 2516

Re: NY Federal Reserve President Signals Higher US Interest Rates

There are two measures of inflation - the official rate and then my own personal consumption rate. I can tell you unequivocally, my own personal inflation rate has hit double digits in the last few years, most notably, the cost of health insurance is through the roof as is the cost of medication, r...
by Sheepdog
Sun May 08, 2016 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to choose homeowner's insurance?
Replies: 21
Views: 1853

Re: How to choose homeowner's insurance?

When you obtain quotes on homeowner's insurance have all of the insurance specifications which you desire available to the agents including all of the house and utility specifications which will be listed on their questionnaire. How much personal liability will you desire? (I have $500,000, for exam...
by Sheepdog
Sun May 08, 2016 7:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016
Replies: 52
Views: 3196

Re: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016

Happy Birthday and Thank You
by Sheepdog
Sun May 08, 2016 7:54 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1641
Views: 342946

Re: What Movie Have You Recently Watched?

I am not reporting a movie this time, but a new North American stage tour of the musical Phantom of the Opera. http://www.thephantomoftheopera.com/ustour/tickets-and-schedule/ I have seen the stage production 3 times now. This one which I saw today is really special....everything about it...actors, ...
by Sheepdog
Sat May 07, 2016 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Safe withdrawal rates
Replies: 51
Views: 7562

Re: Safe withdrawal rates

randomguy wrote:

I assume we are talking nominal numbers here?


Yes
by Sheepdog
Sat May 07, 2016 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare costs in retirement
Replies: 26
Views: 2818

Re: Healthcare costs in retirement

Sheep. Are you really spending $2K or more per year on dental for two people? Why so much per year? My wife and I only spend $500 or so per year. We are younger but not that much. We go twice a year. We might go up to $1500 once in a few years when one of us needs a veneer replaced or a cap. But no...
by Sheepdog
Sat May 07, 2016 1:18 am
Forum: Personal Finance (Not Investing)
Topic: Couples: Are you and your significant other on the same page financially?
Replies: 65
Views: 5801

Re: Couples: Are you and your significant other on the same page financially?

Are you and your significant other on the same page financially? We are and that's a major reason that we have been married for over 55 years. I should add that I have done all of the investing and watched our retirement savings carefully. She won't learn....she just won't. That worries me, but wha...
by Sheepdog
Sat May 07, 2016 1:05 am
Forum: Investing - Help with Personal Investments
Topic: Safe withdrawal rates
Replies: 51
Views: 7562

Re: Safe withdrawal rates

Sheepdog, you mentioned your portfolio is up since retirement, what's your AA during that period? Thanks. At my age 65 retirement (1998) the stock allocation was about 55%. Soon after, I started gradually reducing the stock allocation to 100 minus my age. By age 69 I was at 31%. I reduced the perce...
by Sheepdog
Fri May 06, 2016 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare costs in retirement
Replies: 26
Views: 2818

Re: Healthcare costs in retirement

We are a retired couple, ages 82 and 75 at the end of 2015. Our out of pocket medical expenses for the last 6 years are listed in each category. First amount shown is for 2010, followed by 2011, 2012, 2013, 2014, 2015 Medical insurance premiums [Medicare ('paid from SS deduction), Medigap, Part D pr...

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