Search found 4292 matches

by Sheepdog
Sun Jul 24, 2016 4:31 pm
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 95
Views: 5497

Re: Declining or Rising equity allocation in retirement?

First, they no longer have any labor capital that can replace losses. Second, their ability to absorb the stomach acid that large losses bring, which is often accompanied by panic selling, tends to decrease with age. Third, even if they can avoid panicked selling, they must still deal with the emot...
by Sheepdog
Sat Jul 23, 2016 7:26 am
Forum: Personal Consumer Issues
Topic: Very strange discovery on Google [use tracking/privacy]
Replies: 23
Views: 3527

Re: Very strange discovery on Google

Have you looked at your Google Account page where you can "Control, protect, and secure your account, all in one place My Account gives you quick access to settings and tools that let you safeguard your data, protect your privacy, and decide how your information can make Google services work be...
by Sheepdog
Thu Jul 21, 2016 11:22 am
Forum: Investing - Theory, News & General
Topic: wishing the market would drop to buy more shares
Replies: 36
Views: 3026

Re: wishing the market would drop to buy more shares

Toons wrote:

Patience,You will eventually get your wish granted. :happy


Yes indeed.....Sigh
(Why isn't there a emoticon for sigh?
by Sheepdog
Thu Jul 21, 2016 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Where to Put MRD Proceeds
Replies: 9
Views: 741

Re: Where to Put MRD Proceeds

I use short term investment grade bond fund (VFSTX and VFSUX) for mine. Relatively safe and is having better than MM or CD return.
by Sheepdog
Thu Jul 21, 2016 9:14 am
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 123
Views: 7868

Re: What kind of car do Bogleheads like to drive?

My first car was a used 1947 Ford convertible purchased in 1953 for $295 borrowed from a loan company ($50 down).....the first auto owned by anyone in my family. My present car is a 2010 Ford Edge (spouse's is a 2007 Mercury Montego) and in between I have owned mostly Ford or Mercuries with occasion...
by Sheepdog
Tue Jul 19, 2016 1:54 pm
Forum: Personal Consumer Issues
Topic: Most economical overseas travels
Replies: 22
Views: 1891

Re: Most economical overseas travels

Off season anywhere is usually less expensive. At the last minute even more so. Search. Our ridiculously really best last minute deal (2 weeks notice)was an off season middle October 2001 7 day luxury ship cruise from Istanbul to Athens, ocean view cabin, round trip airfare from Indiana included, 3 ...
by Sheepdog
Tue Jul 19, 2016 6:48 am
Forum: Personal Consumer Issues
Topic: Who do you not tip, and why?
Replies: 57
Views: 4567

Re: Who do you not tip, and why?

gd wrote:
Sheepdog wrote: I have tipped moving van personnel so that they may be more careful.

Which, presumably, needs to be done beforehand (as maybe a few other things people are naming). So, more like bribe. :D

Of course, but before and after. It works :P
by Sheepdog
Sun Jul 17, 2016 11:54 pm
Forum: Personal Consumer Issues
Topic: Orlando Disney Parks
Replies: 41
Views: 3062

Re: OrlaIndo Disney Parks

I lived there. It is miserable in August if you are not used to it and even if you are used to it, it is still miserable. If is hot.... If you are mentally ready for that, you will be fine. Take time to relax, cool off, rest. Use sunscreen all day.
by Sheepdog
Sun Jul 17, 2016 9:51 am
Forum: Personal Consumer Issues
Topic: Who do you not tip, and why?
Replies: 57
Views: 4567

Re: Who do you not tip, and why?

Locally, I tip wait staff and barbers only. When traveling I will tip hotel cleaning staffs, concierge, taxi drivers, certain airport or rail personnel, cruise ships and bus staffs plus perhaps other travel related persons. I have tipped moving van personnel so that they may be more careful.
by Sheepdog
Sun Jul 17, 2016 9:32 am
Forum: Personal Consumer Issues
Topic: Electric Bills Killing Me from AC. Need Advice. [Air Conditioner]
Replies: 81
Views: 6076

Re: Electric Bills Killing Me from AC. Need Advice.

It's a rental. Call your landlord . +100 Why are you trying to fix something that isn't your problem? Sure, make sure the furnace filter is clean/replaced. Turn off the A/C and spray the heck out of the outside condenser. You'd be amazed how much stuff clogs up the airflow through the coils. If tha...
by Sheepdog
Sat Jul 16, 2016 11:24 am
Forum: Personal Consumer Issues
Topic: Contractor tipping: owner vs onsite supervisor
Replies: 24
Views: 1229

Re: Contractor tipping: owner vs onsite supervisor

I have not tipped a contractor or their employees. My extra reward has been to keep cold water or other refreshments for the workers. For the owner, if they have liven up to their quote and time frame for completing the work, I have given my thank you and told them that I would be happy to give them...
by Sheepdog
Sat Jul 16, 2016 10:49 am
Forum: Investing - Help with Personal Investments
Topic: 4% SWR for 30 years, what % for 15 years
Replies: 12
Views: 1288

Re: 4% SWR for 30 years, what % for 15 years

Curious....why would you want that?
Besides...4% is a guide from a study and is not 100% guaranteed for any time period
by Sheepdog
Sat Jul 16, 2016 10:43 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 7501

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

I read recently that with dividends and deflation, in real terms 1929 investors actually became whole again in 1938. Also, that the longest period of stocks remaining underwater was a dozen years or so that included the big bad bears and inflation of the 1970s. When you are retired you may not be a...
by Sheepdog
Sat Jul 16, 2016 6:54 am
Forum: Investing - Help with Personal Investments
Topic: Have questions about RMD
Replies: 13
Views: 954

Re: Have questions about RMD

My biggest concern is can the RMD push you over the safe range of 4% withdrawal rate that studies have shown to give best chance of outliving your portfolio? It should have little effect if you do not spend the RMD. Invest your RMD in your taxable account and you still have your money and your 4% g...
by Sheepdog
Fri Jul 15, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Elderly care financial questions
Replies: 8
Views: 556

Re: Elderly care financial questions

In reading this and skimming over the original thread I cannot see that you have verified that the LTC policy is active and currently up to date on payment of premiums. You probably have, but I am mentioning it because of it's importance.
by Sheepdog
Thu Jul 14, 2016 10:47 pm
Forum: Personal Consumer Issues
Topic: Need help with infant fare issue with airline
Replies: 18
Views: 1437

Re: Need help with infant fare issue with airline

Filing your complaint with the U.S. Department of Transportation and the airline's local Better Business Bureau can also help get your problem resolved. Both organizations compile lists of complaints, and no airline wants to have the top number of complaints in a given month. You can complain to the...
by Sheepdog
Thu Jul 14, 2016 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Having both kids and a charity as beneficiaries on an IRA.....
Replies: 14
Views: 731

Re: Having both kids and a charity as beneficiaries on an IRA.....

This may mean nothing to you or it may. I have TIRAs and Roth IRAs. The secondary beneficiaries for the TIRAs are charities. For the Roth IRAs I send to my children. When the children inherit they will not have any income tax to pay since they are Roths.
by Sheepdog
Thu Jul 14, 2016 11:10 am
Forum: Investing - Theory, News & General
Topic: A Tale of Two Strategies
Replies: 23
Views: 2298

Re: A Tale of Two Strategies

Slow and steady wins the race. Your tale reminds me of "the hare and the turtle" or "the ant and the grasshopper". OP - nothing wrong with conservatism if it gets you to your end-goal with certainty. What you have designed is a portfolio that meets your low risk threshold. Congr...
by Sheepdog
Wed Jul 13, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: CD question: would you take 3% guaranteed for 7 years?
Replies: 45
Views: 4360

Re: CD question: would you take 3% guaranteed for 7 years?

If you are going with a 3 year penalty and you might need to have available some of the deposit someday you may wish to consider splitting the deposit into multiple CDs.
by Sheepdog
Wed Jul 13, 2016 4:10 pm
Forum: Personal Consumer Issues
Topic: Running windows 7. Do I need McCafee?
Replies: 15
Views: 865

Re: Running windows 7. Do I need McCafee?

I occasionally use Malwarebytes free and it has said to find infections and removed. Does anyone here use the Premium edition? Is it worthwhile? Curious.
(I use Avast free for regular virus protection.)
by Sheepdog
Mon Jul 11, 2016 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Chances of <15% marginal income tax in retirement
Replies: 18
Views: 2354

Re: Chances of <15% marginal income tax in retirement

After seeing the title of your thread, I had to answer with my experiences (experiments) on reducing taxes in retirement. I didn't have over a million, but it is close to that today, however. When I retired in 1998 at 65 years of age, I set as one of my goals to reduce taxable income as much as poss...
by Sheepdog
Mon Jul 11, 2016 9:45 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this
Replies: 211
Views: 49638

Re: Stay the course

Taylor Larimore wrote:

I am sorry for your loss, but we thank you for sharing a lesson for others.

Best wishes.
Taylor

Thank you, Taylor. That means a lot.
Jim
by Sheepdog
Mon Jul 11, 2016 1:43 pm
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 7501

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

I don't get it. Unless the portfolio is otherwise 100% stocks, why would a person have to sell stocks to withdraw money during a stock market decline. One would either sell bonds to withdraw money and buy stocks or just sell bonds to withdraw money. Many senior retirees are invested in mostly or al...
by Sheepdog
Mon Jul 11, 2016 10:24 am
Forum: Investing - Theory, News & General
Topic: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %
Replies: 107
Views: 7501

Re: Maintaining 3-10 yrs expenses in fixed income in retirement rather than set %

Your question is about maintaining several years of expenses in fixed income IN RETIREMENT. I knew that before the 2008 collapse, but had ignored it. My post from 2008 https://www.bogleheads.org/forum/viewtopic.php?f=10&t=25126 shows what happened to this retired person because I did not have a ...
by Sheepdog
Sun Jul 10, 2016 4:55 am
Forum: Investing - Help with Personal Investments
Topic: Where to put money needed 2-5 years from now?
Replies: 14
Views: 1893

Re: Where to put money needed 2-5 years from now?

I have used for several years in retirement VFSTX (VFSUX) Short term investment grade bond fund for this purpose. (I keep 3 to 5 years worth of normal distribution needs for expenses invested in the funds as insurance during market downturns.) There is no guarantee that there won't be a slight decre...
by Sheepdog
Sat Jul 09, 2016 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can we start another forum section? [Taxation of Social Security benefits]
Replies: 60
Views: 4403

Re: Can we start another forum section? [Taxation of Social Security benefits]

We don't need another forum section as others have suggested. Neither do I look at what forum the thread originated. I look at only the subject title. On the subject of taxation on SS, when I read subjects like that, I continue to be happy that I seldom pay any income tax on Social Security or anyth...
by Sheepdog
Thu Jul 07, 2016 4:12 pm
Forum: Investing - Theory, News & General
Topic: "Why most retirees will never spend down their portfolio" by Michael Kitces
Replies: 89
Views: 10588

Re: "Why most retirees will never spend down their portfolio" by Michael Kitces

Those are not SPIAs as the term is normally used, but something akin to a short-term bond. Not that there is anything wrong with that, but it is not the same thing. What most people mean by "SPIA" is a life annuity, which pays as long as a person (or either of two persons) is alive, not s...
by Sheepdog
Thu Jul 07, 2016 3:20 pm
Forum: Investing - Theory, News & General
Topic: "Why most retirees will never spend down their portfolio" by Michael Kitces
Replies: 89
Views: 10588

Re: "Why most retirees will never spend down their portfolio" by Michael Kitces

Yes, since an SPIA allows you to spend all your money without either leaving any behind or running out... Just a comment for thought. I waited to purchase 3 SPIAs until I was 80 to 83. These are term certain policies. The payments we receive plus SS now cover all of our normal every year expenses. ...
by Sheepdog
Thu Jul 07, 2016 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: How long does TreasuryDirect take to convert paper I bonds?
Replies: 47
Views: 7519

Re: How long does TreasuryDirect take to convert paper I bonds?

Has anyone submitted paper I Bonds for redemption recently? Any problems?
by Sheepdog
Thu Jul 07, 2016 12:03 pm
Forum: Investing - Theory, News & General
Topic: "Why most retirees will never spend down their portfolio" by Michael Kitces
Replies: 89
Views: 10588

Re: "Why most retirees will never spend down their portfolio" by Michael Kitces

Not to get off topic, but I have wondered about your health care costs. That will be the huge variable for us as we will be purchasing insurance. How have you been able to keep those costs under control? First, thank you for the compliment you gave with your post. I am pleased that I could be of as...
by Sheepdog
Thu Jul 07, 2016 8:01 am
Forum: Investing - Theory, News & General
Topic: "Why most retirees will never spend down their portfolio" by Michael Kitces
Replies: 89
Views: 10588

Re: "Why most retirees will never spend down their portfolio" by Michael Kitces

I suppose sheepdog is showing that in reality one sees the nominal porfolio balance day to day and it is helpful to think about things in nominal terms as well. Though really they are using different withdrawal methods that treat inflation differently. Thank you. You are correct. When a person is w...
by Sheepdog
Thu Jul 07, 2016 5:00 am
Forum: Investing - Theory, News & General
Topic: "Why most retirees will never spend down their portfolio" by Michael Kitces
Replies: 89
Views: 10588

Re: "Why most retirees will never spend down their portfolio" by Michael Kitces

Hi Sheepdog , Have you read through #Cruncher's post above ? I assure you, I don't mean to presume anything about the real value of the ongoing increase you see in your portfolio - it may very well be easily outpacing the small inflation we've had recently - but be that as it may, I think #Cruncher...
by Sheepdog
Thu Jul 07, 2016 4:04 am
Forum: Investing - Theory, News & General
Topic: Presidential Election Cycle Theory
Replies: 13
Views: 1977

Re: Presidential Election Cycle Theory

Toons wrote:Never gave the Election Cycle Theory any thought.
Doesn't sound like a reason to Not invest :happy

Nor most other similar "theories". ( How has selling in May worked out this year for you, if you followed it?)
by Sheepdog
Thu Jul 07, 2016 3:54 am
Forum: Investing - Theory, News & General
Topic: "Why most retirees will never spend down their portfolio" by Michael Kitces
Replies: 89
Views: 10588

Re: "Why most retirees will never spend down their portfolio" by Michael Kitces

2 years ago, after 16 years retired and having taken out an average of 4.5% every year as planned, and still seeing our investment value had grown, that allowed us to plan giving away more annually now to charities. We decided to budget an extra 1% distribution annually (from 4.5% to 5.5%) for that ...
by Sheepdog
Tue Jul 05, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: IRS address, bangs head on counter
Replies: 10
Views: 1509

Re: IRS address, bangs head on counter

A nearby regional larger town or city should have an IRS office near you. There are 11 in my state. You seem to know that, but to be sure Google "IRS your state name" to find. Make that appointment. Visit one personally.
by Sheepdog
Tue Jul 05, 2016 12:08 pm
Forum: Investing - Theory, News & General
Topic: Fixed 60/40 AA in retirement
Replies: 105
Views: 9014

Re: Fixed 60/40 AA in retirement

Fixed AA in retirement? I didn't. With no pension, I wanted to protect assets, but have some growth. My allocation in retirement (18 years) has been very simple. Started retirement with 57% stock and gradually reduced the stock allocation by age using the 100 minus age formula until it reached 23% w...
by Sheepdog
Mon Jul 04, 2016 12:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: The Declaration of Independence
Replies: 44
Views: 3306

Re: The Declaration of Independence

Happy Birthday, USA
by Sheepdog
Sun Jul 03, 2016 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: What is your credit card APR?
Replies: 40
Views: 1670

Re: What is your credit card APR?

TheTimeLord wrote:Actually don't know or particularly care since I pay my bill in full monthly.

Me either. In my over 50 years having a credit card I have never known my card's APR...I never needed to.
by Sheepdog
Sun Jul 03, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Money vs. Happiness
Replies: 94
Views: 10905

Re: Money vs. Happiness

You can have a lot of money and be unhappy.
You can have little to no money and be happy. There is no $ in the spelling of happiness. Happiness is a state of mind not of the wallet.
by Sheepdog
Sat Jul 02, 2016 3:55 pm
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 13045

Re: What do you spend your money on???

My wife and I love attending sports, theater and other arts . There is something which we attend and enjoy almost every week, including tonight (a play) and Monday (an outdoor symphony concert in Indy). We have season tickets for Indy Colts, 3 theater season ticket packages, symphony season tickets ...
by Sheepdog
Sat Jul 02, 2016 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 218
Views: 21472

Re: Where were you financially when you were at 30?

In my 20s and most of my 30s I was a deadbeat while trying to figure out how to beat the market. I worked a series of minimum wage jobs, primarily as a security guard. I delivered circulars door to door, and collected cans and newspapers for recycling money. Because of perpetual credit card debt, m...
by Sheepdog
Thu Jun 30, 2016 3:31 pm
Forum: Personal Consumer Issues
Topic: What kind of car are you driving?
Replies: 368
Views: 30233

Re: What kind of car are you driving?

Same as I reported on Page 1 of this question back in 2012
by Sheepdog
Thu Jun 30, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 218
Views: 21472

Re: Where were you financially when you were at 30?

That would be 1963. I was probably making $700 a month as a chemical engineer then. I had maybe $1000 to $1500 in the bank...maybe. I had one older paid for Ford 2 door. And, I and my wife of about 2 years just purchased a new $!5,500 pre-fab National home with a no down payment GI Bill Loan, but bo...
by Sheepdog
Thu Jun 30, 2016 8:38 am
Forum: Investing - Help with Personal Investments
Topic: I think everyone should look into a home equity line of credit
Replies: 26
Views: 1704

Re: I think everyone should look into a home equity line of credit

If your property can have a mortgage exemption which can reduce your property tax, but you do not have a mortgage,a HELOC may apply. I have had an open $5000 HELOC for 15 years which has never been used and I get a mortgage exemption. What is a "mortgage exemption" that can reduce propert...
by Sheepdog
Thu Jun 30, 2016 8:08 am
Forum: Investing - Help with Personal Investments
Topic: I think everyone should look into a home equity line of credit
Replies: 26
Views: 1704

Re: I think everyone should look into a home equity line of credit

If your property can have a mortgage exemption which can reduce your property tax, but you do not have a mortgage,a HELOC may apply. I have had an open $5000 HELOC for 15 years which has never been used and I get a mortgage exemption.
by Sheepdog
Tue Jun 28, 2016 1:18 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1004
Views: 155337

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

Reporting in On June 1 I reported here that I was up 4.01%. As of closing on 6/27/16 I was up 4.26%. If I leave out my I Bonds and CDs (which totals 25% of investments) and therefore include only my Vanguard traditional and Roth IRAs (which is 75% of investments) the return to date is up 5.07% (Age ...
by Sheepdog
Tue Jun 28, 2016 12:24 pm
Forum: Personal Consumer Issues
Topic: Attorney- how to find a good one
Replies: 10
Views: 1188

Re: Attorney- how to find a good one

An attorney friend wrote this piece on how to find an attorney: You need to begin by determining the reason for contacting a lawyer. Does the case involve personal injury, an auto accident, wrongful death, family law matter estate planning or a contractual dispute? Once you have an idea of what area...
by Sheepdog
Tue Jun 28, 2016 3:50 am
Forum: Personal Consumer Issues
Topic: Would you want to know if your doctor doesn't take your insurance?
Replies: 59
Views: 2888

Re: Would you want to know if your doctor doesn't take your insurance?

. if I was a patient in the hospital, would I want to know this? It doesn't change your treatment/care in the hospital. Thoughts? Of course, I would, I would not want to pay more than I need to, but I wouldn't ask the question if I was in emergency care and needed immediate care....but then again, I...
by Sheepdog
Mon Jun 27, 2016 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for someone who sells Long term care insurance in SF Bay Area
Replies: 1
Views: 196

Re: Looking for someone who sells Long term care insurance in SF Bay Area

Have you done a Google search "California Long Term Care Insurance"? You will find some. Be sure to look at the California Dept of Insurance http://www.insurance.ca.gov/0150-seniors/0500longtermcare/ for assistance and advice especially the LTC state partnership program which may be of int...
by Sheepdog
Mon Jun 27, 2016 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Fund that Follows S&P?
Replies: 11
Views: 1220

Re: Vanguard Fund that Follows S&P?

Or VFINX investor shares S&P 500 index mutual fund

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