Search found 334 matches

by TravelforFun
Sun Jul 24, 2016 11:29 pm
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 102
Views: 5995

Re: Reliving the Nightmare of the Crisis

I lived through the double-digit inflation of the 1970s. I know what inflation feels like. Could you describe in some detail, and compare with the inflation in home prices, rents, and tuition that we see today? LOL. I was there. The sky is falling! Nobody will ever get ahead at anything! You kids d...
by TravelforFun
Sun Jul 24, 2016 10:55 pm
Forum: Personal Consumer Issues
Topic: What type of new driveway should I get?
Replies: 21
Views: 2073

Re: What type of new driveway should I get?

Whatever you do, make sure you have good drainage. No standing water on or at the edge of the driveway after a rain.
by TravelforFun
Sun Jul 24, 2016 10:49 pm
Forum: Personal Consumer Issues
Topic: Double Walled Stainless Steel tip for Fans of the Cocktail
Replies: 7
Views: 574

Re: Drink faster

daveatca wrote:My friends/neighbors think Yeti is the greatest.
http://yeti.com/rambler-lowball/

Under tests, Yeti and Rtic performed the same but Yeti is much more expensive.
http://charlottescornercafe.com/yeti-vs-rtic/
by TravelforFun
Sat Jul 23, 2016 1:32 pm
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 102
Views: 5995

Re: Reliving the Nightmare of the Crisis

Not related to the market crashes but I always remember the thread about people putting all their money in the wrong basket. I'm talking about GTAT, a then rising company that was making glass for iPhone but got the rug pulled out from under them leaving a bunch of investors dead in the water. Here ...
by TravelforFun
Thu Jul 14, 2016 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Personal Glide Path
Replies: 7
Views: 839

Re: Personal Glide Path

Way too conservative for me! I'm gliding down to 70/30 (70% stock / 30% bond) when I reach age 70 which is just a few years from now. Reasons: 1) I don't lose sleep when market crashes, 2) 30% bond would last me 10 years since I plan on withdrawing 3% per year to supplement SS and that should give m...
by TravelforFun
Sun Jul 10, 2016 9:17 am
Forum: Personal Consumer Issues
Topic: How do I use stopovers and open-jaws to get the most out of travel?
Replies: 8
Views: 1092

Re: How do I use stopovers and open-jaws to get the most out of travel?

I've never heard of the term "open jaw" before but we use it every time we go to Europe. The last time we went (past April), we flew into Brussels, traveled to Amsterdam, Prague, Vienna, Budapest, Munich, Aneccy, and Paris using a combination of car and train rides.Then we flew home from P...
by TravelforFun
Sun Jul 10, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell my rental and pay down primary mortgage
Replies: 17
Views: 1361

Re: Should I sell my rental and pay down primary mortgage

If your house were paid for, would you borrow on it to buy the rental? So yes sell the rental and sure, selling the rental will reduce the size of your real estate portfolio.
by TravelforFun
Wed Jul 06, 2016 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Go After American Airlines?
Replies: 45
Views: 3982

Re: Should I Go After American Airlines?

I wouldn't go after AA because I've dealt with them before and their customer service can range from incompetent to scum. They hide their resolution people behind email that is limited to 1500 characters. 1500 characters ought to be enough to explain this type of problem. In general, the more you w...
by TravelforFun
Wed Jul 06, 2016 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Should I Go After American Airlines?
Replies: 45
Views: 3982

Re: Should I Go After American Airlines?

As a side note: After working in a pseudo-customer service call center for a few years and dealing with some not-so-bright customer service reps on the phone myself, I always try to make my intentions as clear as possible and ask a lot of questions to be sure that what I want is what is happening.....
by TravelforFun
Tue Jul 05, 2016 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Go After American Airlines?
Replies: 45
Views: 3982

Re: Should I Go After American Airlines?

It does seem they may not have handled it well at first, depending upon what you said, precisely. But didn't they make it "good"? That is, as you first requested, to cancel her reservation, and refund the ticket price (something that is rarely done after 24 hours). RM I didn't ask them to...
by TravelforFun
Tue Jul 05, 2016 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Go After American Airlines?
Replies: 45
Views: 3982

Re: Should I Go After American Airlines?

b4nash wrote:
...I called AA and inquired about possibility of returning one of the tickets...


Is "one of the tickets" what you said? How would they have known which passenger's ticket to cancel? :shock:

I did tell the AA rep which person in my party may not be able to go.
by TravelforFun
Tue Jul 05, 2016 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Go After American Airlines?
Replies: 45
Views: 3982

Should I Go After American Airlines?

Long post here. My family of nine (wife and I, our three adult kids, daughter-in-law, and three grand kids) needed to attend my niece’s wedding in Florida (we live in Texas) and I found a good deal on the tickets ($150 apiece) four months before the wedding; and I booked and paid for them. The day b...
by TravelforFun
Mon Jul 04, 2016 9:15 am
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 109
Views: 10441

Re: $400,000 Roth Conversions Between Ages 66-69?

Yes, I recall reading this strategy in Lange's book now. (It's been a while) So, in theory every year you would ask Vanguard to set up a "new" Roth account to handle that year's conversion, and they would have no objection to that? You could end up with quite a few Roth accounts under thi...
by TravelforFun
Mon Jul 04, 2016 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Where To Park Your Emergency Fund?
Replies: 30
Views: 3543

Re: Where To Park Your Emergency Fund?

All my emergency money is sitting in a bond fund. I use my credit cards to pay for emergencies then sell some bond fund to pay the CC bills. CDs don't help much because you have to wait for them to mature to cash out.
by TravelforFun
Mon Jul 04, 2016 8:43 am
Forum: Investing - Help with Personal Investments
Topic: HSA - Can you withdraw from the HSA an amount equal to my past medical expenses?
Replies: 36
Views: 2869

Re: HSA - Can you withdraw from the HSA an amount equal to my past medical expenses?

PaddyMac wrote:We're self-employed and we always make a note of our medical mileage. But we have a nice mileage book and one column is Business and the second column is Medical, as it's reimbursed at a different rate.

Mileage book? Wouldn't it be easier to enter transactions into a spreadsheet?
by TravelforFun
Mon Jul 04, 2016 7:46 am
Forum: Investing - Help with Personal Investments
Topic: $400,000 Roth Conversions Between Ages 66-69?
Replies: 109
Views: 10441

Re: $400,000 Roth Conversions Between Ages 66-69?

celia wrote:1. Always do each conversion into an empty Roth account to make possible recharacterizations "clean".

What are the reasons for doing this? I convert some of my IRA money every year and put in the same Roth account.
by TravelforFun
Sat Jul 02, 2016 12:58 am
Forum: Investing - Help with Personal Investments
Topic: How far Behind am I?
Replies: 9
Views: 1476

Re: How far Behind am I?

Hi everyone, Well today is an exciting one for me. I was doing my monthly finances and with this last surge by the market, I have hit the 100,000 net worth mark! I'm pretty excited as I was a late starter and it took me to age 37 to get there...but overall how do you guys think I am doing? I don't ...
by TravelforFun
Thu Jun 30, 2016 12:17 pm
Forum: Investing - Theory, News & General
Topic: For those that "buy" during stock market downturns...
Replies: 158
Views: 10143

Re: For those that "buy" during stock market downturns...

Can you explain how you execute that strategy? I'm truly curious where the money comes from. Best I can tell there are several ways this activity can be funded: 1. Rebalancing bands are activated. When used in this sense, I can't say that I agree the term "buying" should be used. Rather t...
by TravelforFun
Sun Jun 26, 2016 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Lowering taxes at RMD time
Replies: 26
Views: 3038

Re: Lowering taxes at RMD time

Between 66 and 70.5, you have an income of $10K some of which may not be taxable and hence, you have a lot of room to fill your 15% tax bracket. You should withdraw from your IRA up to 15% bracket or perhaps even 25% bracket before RMD. A spreadsheet can help you analyze your options.
by TravelforFun
Thu Jun 23, 2016 6:35 pm
Forum: Personal Consumer Issues
Topic: How Does a Password Manager Impact Day to Day (IOS and Mac)
Replies: 48
Views: 2872

Re: How Does a Password Manager Impact Day to Day (IOS and Mac)

Thesues wrote: And most importantly, it does not require a monthly subscription.

Really? App store says 1Password subscription is $5 per month.
by TravelforFun
Fri Jun 17, 2016 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: High Credit Card Debt- Need Help
Replies: 107
Views: 7654

Re: High Credit Card Debt- Need Help

Folks, you're not answering what the OP asked. Her question was, "I recently received an offer from Discover for a potential $30,000 loan at 7.5%. I'm trying to decide if using that is a good idea, if I should get a personal loan, or accept some of the credit card offers and try to juggle 3% up...
by TravelforFun
Fri Jun 17, 2016 11:39 am
Forum: Personal Finance (Not Investing)
Topic: One more mortgage payoff thread...
Replies: 47
Views: 3791

Re: One more mortgage payoff thread...

Congratulations! We did the same a few years ago and became completely debt-free. You should have a mini celebration.
by TravelforFun
Mon Jun 13, 2016 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Live the Good Life Today vs Save For a Better Life Tomorrow
Replies: 84
Views: 7482

Re: Live the Good Life Today vs Save For a Better Life Tomorrow

One spends every dime he earns, travels the world, lives on credit, never worries about tomorrow and lives a good portion of his adult life to the fullest and dies deep in debt. Who is going to pay his debt? His spouse? Society? This is not living to the fullest. I doubt this person would be very h...
by TravelforFun
Thu Jun 09, 2016 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Debt Payoff Plan - Seeking Advice
Replies: 16
Views: 1701

Re: Debt Payoff Plan - Seeking Advice

My income is currently $65,000/yr ($3,600/month). I am currently putting $1,500 per paycheck or $3,000/mo towards the balances. The rest ($600) is going towards my EF (currently $0), and other expenses. You must be leaving something out in this plan? Please explain how you can live on $600/month? J...
by TravelforFun
Thu Jun 09, 2016 11:43 am
Forum: Investing - Theory, News & General
Topic: Elevated risk of selloff; 60/40 AA will fare poorly
Replies: 28
Views: 3184

Re: Elevated risk of selloff; 60/40 AA will fare poorly

I'm waiting for a big sell-off so I can transfer a bunch of stocks from my IRA to Roth.
by TravelforFun
Mon Jun 06, 2016 12:57 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Dallas BBQ/TexMex Restaurants
Replies: 51
Views: 2512

Re: Recommendations for Dallas BBQ/TexMex Restaurants

Uncle Julio's is my favorite Texmex restaurant. They have several locations.
by TravelforFun
Sun Jun 05, 2016 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: "How to get the inheritance conversation started."
Replies: 5
Views: 1538

Re: "How to get the inheritance conversation started."

May seem weird to many but we share with our adult kids details about our wills, assets, and liabilities once a year.
by TravelforFun
Fri Jun 03, 2016 11:53 pm
Forum: Personal Consumer Issues
Topic: 22 days Eurail Global Pass for Scenic Rail Journeys in Europe
Replies: 35
Views: 2511

Re: 22 days Eurail Global Pass for Scenic Rail Journeys in Europe

I would skip the Eurail Pass and just buy train tickets as you need them. I agree 100%. The Euro Rail Pass in my opinion is not a good deal. I would also spend some time googling cheap flights in and out of those destinations. Check RyanAir, Wizz Air,etc. Disagree with you all completely. Just got ...
by TravelforFun
Fri Jun 03, 2016 3:35 pm
Forum: Personal Consumer Issues
Topic: 22 days Eurail Global Pass for Scenic Rail Journeys in Europe
Replies: 35
Views: 2511

Re: 22 days Eurail Global Pass for Scenic Rail Journeys in Europe

From the suggestions so far, it appears that Eurail global pass isn't going to be that useful. Just returned from a 3-week 6-country tour using global pass and we were completely satisfied with it. It would have cost us a lot more if we'd purchased train tickets for individual legs. We bought first...
by TravelforFun
Fri Jun 03, 2016 7:56 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1004
Views: 155089

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

6.5% to date. I'm 80% equity and 20% bond.
by TravelforFun
Fri Jun 03, 2016 7:54 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1004
Views: 155089

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

I'm up 18.36% according to my excel spreadhseet using XIRR. Can someone check my math? I started with $226.9 on 1/1/2016. Contributions as follows: 1/1/2016 226.9 2/1/2016 1400.42 3/1/2016 510.94 4/1/2016 1605.31 5/2/2016 1582.56 5/26/2016 1427.58 Current Balance: 6/3/2016 6951.21 When I plug those...
by TravelforFun
Mon May 30, 2016 6:50 pm
Forum: Personal Consumer Issues
Topic: Roku - Does everything cost $$?
Replies: 27
Views: 7458

Re: Roku - Does everything cost $$?

Everything that's normally free online (abc.com, nbc.com,fox.com etc) Roku is an aggregator media server with dvr capabilities not a content provider. Almost all of this is incorrect, as far as I'm aware. I suspect that you've never owned or used a Roku. I don't own a Roku, but thats because I know...
by TravelforFun
Sun May 29, 2016 9:24 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation Conundrum
Replies: 25
Views: 1890

Re: Asset Allocation Conundrum

Everybody is different but since you said you have a pension and other savings so the chance for you to need this money anytime soon is very low. I would be investing this money very aggressively (100% equity) but then that's just me. I can sleep even when the market drops 50%.
by TravelforFun
Thu May 26, 2016 6:45 am
Forum: Personal Consumer Issues
Topic: How much do you spend on trips/vacations?
Replies: 74
Views: 4958

Re: How much do you spend on trips/vacations?

Drew777 wrote:Not much. Just got back from a 7 night trip to Europe (plus one night flying). Spent around $1,000 total, and that was mostly food and entertainment. Flights, hotels, trains, etc. were free from travel rewards.

Congrats! Wife and I just got back from a 3-week Europe vacation and we spent $10K on it
by TravelforFun
Sat May 21, 2016 6:11 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 149
Views: 12780

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

I don't know if I would be classified as blue-collar since I never worked for a salary, but my life was probably very different than most Bogleheads. I attended college but because of a learning disability, I dropped out my second year. I just never had enough time to do the work required. My fathe...
by TravelforFun
Sun May 15, 2016 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Help - Father took lump sum pension payout in the form of a taxable distribution
Replies: 17
Views: 2442

Re: Help - Father took lump sum pension payout in the form of a taxable distribution

What are his marginal federal and state tax rate? Does he have any income this year? I just wanted to make sure we're all clear on this. If he couldn't find $80K to put in an IRA, his income would only be $80K this year if he had no other income, and his tax bill may not be that large. A lot people ...
by TravelforFun
Sun May 15, 2016 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance or Not?
Replies: 41
Views: 2536

Re: Long Term Care Insurance or Not?

I have an LTCi policy and treat it just like my home insurance. It would be there If we needed it and it would be great if we never needed it. Without an LTCi policy, the nightmare scenario would be one spouse used all the resources for LTC and died leaving the surviving spouse broke. Of course if y...
by TravelforFun
Sun May 15, 2016 8:46 am
Forum: Personal Finance (Not Investing)
Topic: 25x income needs or 25x residual living expenses?
Replies: 24
Views: 3636

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

Novicemoney,

Forget about SWR. If you need $18K a year for 8 years (age 62 to 70), you only need $144K in today's dollars. After you turn 70, your SS and pension will cover your expenses. If you would like to leave something for your heirs, then the calculations would be different.
by TravelforFun
Sun May 15, 2016 8:14 am
Forum: Personal Consumer Issues
Topic: Buying a house for an adult child (child adult?)
Replies: 94
Views: 8594

Re: Buying a house for an adult child (child adult?)

Jazztonight wrote:Mike Tyson, that brilliant philosopher, once said that "Everyone has a plan until you get hit in the mouth.

Great quote!
by TravelforFun
Sun May 15, 2016 8:01 am
Forum: Personal Consumer Issues
Topic: Trade in BMW?
Replies: 45
Views: 3992

Re: Trade in BMW?

I'd owned BMW and Mercedes in the past but my last two car purchases are Lexus. I bought them new, an RX in 2010 and an ES in 2015. Problems with German cars are they start having problems after 5-6 years and the parts are so expesive. I love my Lexus. The RX is out of warranty but has required no r...
by TravelforFun
Sun May 15, 2016 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Pay down mortgage (remove MIP), invest, save?
Replies: 23
Views: 1430

Re: Pay down mortgage (remove MIP), invest, save?

OP, What is your marginal tax rate? Do you pay state income tax? If your marginal tax rate is 25% and you CHOOSE not to put more money into Trad. 401K, essentially you are paying 25% tax on those money. So, is it worthwhile to pay 25% tax to save 11.3%? One of the option is to put more money into y...
by TravelforFun
Sun Apr 17, 2016 6:09 pm
Forum: Investing - Theory, News & General
Topic: Ken Moraif must be getting nervous
Replies: 34
Views: 7482

Re: Market Timing

Taylor Larimore on DFAMAN:

I would like to commend you for your lengthy analysis of a market timer's actual results vs. his claimed results.
--------
Agree with Taylor. Great work, DFAMAN!
by TravelforFun
Mon Apr 11, 2016 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire early
Replies: 29
Views: 6054

Re: Can I retire early

Your annual income is 110K. To maintain your lifestyle in your retirement, your expense will be around 80% of that or 88K a year. Using a safe withdrawal rate of 4% until your SS kicks in then reduce it, you would need a $2.2 million portfolio if you were to retire now. You're short by about half a ...
by TravelforFun
Sun Apr 10, 2016 6:57 pm
Forum: Personal Consumer Issues
Topic: My current bicycle tour in Italy
Replies: 39
Views: 4207

Re: My current bicycle tour in Italy

That Amalfi coastal road is scary! One side is mountain and the other side is a big drop off to sea. It's narrow, curvy, hilly, and full of scooters and buses. I don't think you will be able to enjoy the scenery. Have a safe ride!
by TravelforFun
Sat Apr 09, 2016 10:54 am
Forum: Investing - Theory, News & General
Topic: Are you planning to leave an "estate"?
Replies: 74
Views: 7652

Re: Are you planning to leave an "estate"?

We have kids, grandkids, nephews and nieces, and intend to leave a generous sum to be divided among themselves according to our wills. Wife is retired but I still work. When I retire, we plan on having a SWR of less than 3% and more than likely, our portfolio will be bigger when we're both dead than...
by TravelforFun
Sat Apr 09, 2016 10:44 am
Forum: Investing - Theory, News & General
Topic: Are you planning to leave an "estate"?
Replies: 74
Views: 7652

Re: Are you planning to leave an "estate"?

We don't have kids so whatever we have left when we both are dead will go to charities. I'm definitely not intending to maximize those gifts in any way. I am curious if people who don't intend to leave an estate choose a higher SWR than 4%? If you chose a higher SWR than 4%, you could run out of mo...
by TravelforFun
Wed Mar 30, 2016 3:34 pm
Forum: Personal Consumer Issues
Topic: Europe Trip in August
Replies: 99
Views: 5950

Re: Europe Trip in August

ultra2006mg wrote:Thanks again for all the support and replies. My wife is feeling a lot better and has been on the phone with the travel agent booking our tours and finalizing everything. So we are off to Europe

When are you going? We're flying into Brussels April 28 to start our three-week travel in Europe.
by TravelforFun
Wed Mar 30, 2016 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 122
Views: 7705

Re: Which Engineering Discipline for the next 20+ years !!!

I'm a civil engineer, a Texas PE, and on the last leg of my 40-year successful, non-interrupting, and satisfying career. Nothing beats seeing something you design and build gets used and is loved by the public.
by TravelforFun
Mon Mar 28, 2016 6:10 pm
Forum: Personal Consumer Issues
Topic: DO I need a landscape architect?
Replies: 13
Views: 1727

Re: DO I need a landscape architect?

We moved into a new house in central Va. Have a small backyard on a slope. Would like to make it a 2-tier lawn with some landscape. I'm not answering your questions but if I have a small backyard, I wouldn't divide it in half by making it a 2-tier lawn. Build one wall as close to the property line ...

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