Search found 451 matches

by Youngblood
Thu Apr 12, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - On the fence, need sanity check
Replies: 42
Views: 5890

Re: Early Retirement - On the fence, need sanity check

Given the stress you are experiencing at your current job, your pension and assets, I would retire in order to receive the six years of higher pension and to reduce stress. But, I would only do so without spending down my savings for several years. Given your lucky longevity genes and your current a...
by Youngblood
Thu Apr 12, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 77
Views: 6843

Re: Wanting to leave Fidelity

I have linked outside checking accounts with Fidelity and though I doubt they were done instantly they were definitely linked quickly. Both were done online. Whenever I have needed direct phone support, the support received was always impressive both in efficiency and results. So, my advice would be...
by Youngblood
Tue Apr 10, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5038

Re: Retirees: Who's increasing their equities as they age?

Two different investors, one has 500k and the other has 5m. Both are sixty-five. Which one loses more when the market tanks? Which one gains more when the market advances? The former loses or gains more in regards to the financial consequences of his allocation. The latter loses or gains more in act...
by Youngblood
Mon Apr 09, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: I’m looking for a word...
Replies: 114
Views: 9180

Re: I’m looking for a word...

Opportunity cost
by Youngblood
Mon Apr 09, 2018 5:25 am
Forum: Investing - Theory, News & General
Topic: Need some advice about State Teachers Retirement Plan....
Replies: 7
Views: 733

Re: Need some advice about State Teachers Retirement Plan....

I would post more information and continue seeking information about the specific state teachers retirement plan before making any decisions. The plans are all different and the years needed to be vested are also varied. Both my wife and I are currently on different state teachers retirement plans. ...
by Youngblood
Wed Apr 04, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: senior investing
Replies: 26
Views: 1679

Re: senior investing

I would also suggest as mentioned by previous posters that you look into immediate annuities.

From what you have posted, I don't think taking much of a risk is in your best interest.

Best of luck.

YB
by Youngblood
Wed Apr 04, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: senior investing
Replies: 26
Views: 1679

Re: senior investing

Given your current health, can you work part time to supplement your income?
by Youngblood
Tue Feb 27, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: Frightening letter from Experian
Replies: 9
Views: 2592

Re: Frightening letter from Experian

Yes, same exact thing happened to my wife's account after I froze all of our credit reports too. I was told the same story you got and when we received her report I really couldn’t find anything suspicious.

So, I stopped worrying about it.

YB
by Youngblood
Sat Feb 17, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 11426

Re: I'm Cancelling My Home Insurance

Hail damage to roof, siding and one car, a kitchen fire, a chimney fire (entire chimney had to be rased and rebuilt ) and finally, overnight toilet overflow which completely collapsed one ceiling and partially ruined another. All those together surely cost as much as we paid for the HCOL house. So, ...
by Youngblood
Sun Feb 11, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Night Vision Glasses
Replies: 16
Views: 2021

Re: Night Vision Glasses

I was having similar problems seeing at night, especially rainy nights. My ophthalmologist a year ago said I qualified for medicare to cover cataract surgery (some minimum required cataract reading). But, that he wouldn't twist my arm about it yet. This past year the symptoms just got worse and so a...
by Youngblood
Sun Jan 28, 2018 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: "Muni Bonds Time Bomb" Barron's
Replies: 47
Views: 5041

Re: "Muni Bonds Time Bomb" Barron's

For those of us who use the fixed income component of our portfolio to hedge against downturns as well as providing assets to invest when equities are cheap, the only logical borrower from whom to purchase debt is the one that gets to print American currency. Yep, not too many people with a dog in ...
by Youngblood
Sun Jan 28, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: "Muni Bonds Time Bomb" Barron's
Replies: 47
Views: 5041

Re: "Muni Bonds Time Bomb" Barron's

Early last week I sold all of my national muni closed end bond funds most of which were leveraged. Interest rate risk, credit risk, pension fund risk, marginal federal tax rate declining, etc.

For me, the risk/reward ratio just wasn't worth it especially in regards to closed end funds.

YB
by Youngblood
Sat Jan 27, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: What to do with cash now
Replies: 27
Views: 3628

Re: What to do with cash now

Two year treasuries yield abt 2.1 % and in two years you can decide again. Perhaps buy a set amount every month with your cash.
by Youngblood
Wed Jan 24, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: fidelity visa- is opening bonus worth it over Citi?
Replies: 35
Views: 2017

Re: fidelity visa- is opening bonus worth it over Citi?

is it correct that the Fidelity card does not have Price Protection? And for those of you with Citi card, have you used the price protection feature? this morning i just submitted my first claim with Discover for this service and while it was easy enough, it was a bit time consuming getting switche...
by Youngblood
Thu Jan 18, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3814

Re: I got a Roomba and think you should too

Thanks for the post CBR. I keep trying to convince my wife that we should buy one. Hopefully, my reading your post to her will put a bee in her bonnet.

YB
by Youngblood
Tue Jan 16, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 197
Views: 14647

Re: Stats on When People Take Social Security

I believe delaying SS will help with longevity, market, and inflation risk. The 4th one is spending. All risks for outliving your retirement money. 3 out of 4 is not bad hedge. Yes there is possibility of reduced SS in the future, but I don’t think those who take it at 62 will be spared either. If ...
by Youngblood
Tue Jan 09, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: A newb question about using Fin planner
Replies: 43
Views: 1717

Re: A newb question about using Fin planner

OP has stated his time is taken up with his business and that he has little knowledge about investments.

Therefore, he should take advantage of Vanguards .3 % fee to manage his investments and not worry about whether or not he is making a mistake or using time needed for his business.
by Youngblood
Mon Nov 20, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 15433

Re: Dave Ramsey says don't use credit cards, even if you pay them off

We hardly use cash or checks anymore.

Has DR mentioned that paper money has more germs than a toilet? Bacteria and viruses too numberous to list.

No thanks on using paper money.

Checks? The checkout lines would take forever.

Hooray for credit cards.

YB
by Youngblood
Sun Nov 12, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: Warm Shirt for Winter
Replies: 41
Views: 4657

Re: Warm Shirt for Winter

69 here, thin and newly bald. If I am not moving or eating, I am cold. Like you I prefer just a t-shirt. Unlike you, I wear about four layers in the house while reading. Being warm trumps the bulk issue and since I have already tried most of the already mentioned good suggestions for most... OH, I a...
by Youngblood
Thu Nov 02, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: GPS watch
Replies: 26
Views: 2440

Re: GPS watch

I guess there are few or none who had any experience with Fitbit Ionic. Well, I purchased it a week ago and after a couple of small glitches in downloading the firmware update (my cell phone is compatible with the Ionic but not with installing the firmware update. So, I just used another device for ...
by Youngblood
Fri Oct 27, 2017 4:36 am
Forum: Personal Consumer Issues
Topic: GPS watch
Replies: 26
Views: 2440

Re: GPS watch

Any new opinions/experience with the Fitbit Iconic? It has been for sale about a month or so now.

YB
by Youngblood
Fri Oct 13, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: Earplugs that work on low frequency noise?
Replies: 35
Views: 2532

Re: Earplugs that work on low frequency noise?

I've used Hearos too. If you put them in right they block out nearly everything.
by Youngblood
Mon Oct 09, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Pare back allocation?
Replies: 10
Views: 1031

Re: Pare back allocation?

I struggle with this. I have lump sum account that I know will give me about $475,000 in 4 years when I have to retire (State job). I can't manage that it is basically fixed at CPI. What's the struggle and what is the reference to CPI? I'm a state employee, and there are no CPI adjustments either w...
by Youngblood
Mon Oct 09, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 6557

Re: Is there boglehead consensus on buying a car?

With all the hurricane flooding in Texas and Florida there will undoubtedly be many cars with water damage as used vehicles that you definitely don't want. I would stay away from used unless you know for sure the car has not had any water damage. Electrical and computer damage due to water are reall...
by Youngblood
Sun Oct 01, 2017 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: For buying house: how do you know which schools are "good"?
Replies: 56
Views: 4633

Re: For buying house: how do you know which schools are "good"?

I suggest you go to the school office, get a visitors pass and observe different classes and levels. You will surely get a feel for just about everythIng important for learning to take place. I would also eat in the school cafeteria with the students. Friday would be the day to observe. I hope I ha...
by Youngblood
Sun Oct 01, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: For buying house: how do you know which schools are "good"?
Replies: 56
Views: 4633

Re: For buying house: how do you know which schools are "good"?

I suggest you go to the school office, get a visitors pass and observe different classes and levels. You will surely get a feel for just about everythIng important for learning to take place. I would also eat in the school cafeteria with the students. Friday would be the day to observe. I hope I hav...
by Youngblood
Fri Sep 29, 2017 3:34 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 69363

Re: Quicken's future direction - a cause for concern

I'm locked out even signing on for 2015 and 2017. Thankfully I only use Quicken like a check book and nothing important. I sure wish I could look carefully at your Quicken install and general setup just to find out what the heck is wrong. YB How will that get them to send me a code? I guess I don't...
by Youngblood
Thu Sep 28, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 69363

Re: Quicken's future direction - a cause for concern

Uncle Pennybags wrote:
Thu Sep 28, 2017 3:22 pm
I'm locked out even signing on for 2015 and 2017. Thankfully I only use Quicken like a check book and nothing important.
I sure wish I could look carefully at your Quicken install and general setup just to find out what the heck is wrong.

YB
by Youngblood
Thu Sep 28, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 69363

Re: Quicken's future direction - a cause for concern

spammagnet wrote:
Thu Sep 28, 2017 12:38 pm
knpstr wrote:
Thu Sep 28, 2017 12:15 pm
Mine updated flawlessly.
As did mine. Perhaps we were lucky.
Mine went without a hitch as well (both desktop and Surface Pro).

Very happy with the current Quicken and change in ownership.

YB
by Youngblood
Mon Sep 04, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6387
Views: 1369280

Re: U.S. stocks in freefall

VictoriaF wrote:
Mon Sep 04, 2017 10:24 am
Tomorrow the stocks will be in a nuclear fallout.

Victoria
This could definitely happen.
by Youngblood
Sat Sep 02, 2017 2:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 20961

Re: [Are the Bogleheads] getting less interesting?

I wish we could restart the polls that we use to have. Not sure why the moderators took them away. The polls were always interesting and starting them again would re-energize discussion. I liked the polls too! They gave a quick view of where most people stand on a particular money matter. Then, if ...
by Youngblood
Tue Aug 29, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Two Issues for New Investor [portfolio help, move fund to Vanguard]
Replies: 28
Views: 2108

Re: Two Issues for New Investor

OP, is the money you received from your Grandmother a gift or inherited?
by Youngblood
Tue Aug 29, 2017 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 9271

Re: Relative angry I will not co-sign

Not sure what I would do in your situation. How is the "close relative" related to you? That would matter to me. I have gone both ways when relatives have asked for money.

I hope you make the right decision.
by Youngblood
Wed Aug 23, 2017 4:51 pm
Forum: Personal Consumer Issues
Topic: Non-fiction bucket list
Replies: 110
Views: 11544

Re: Non-fiction bucket list

celia wrote:
Fri Aug 18, 2017 2:01 pm
The Last Lecture by Randy Pausch and Jeffrey Zaslow.
A valuable read for me too.
by Youngblood
Wed Aug 23, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: Non-fiction bucket list
Replies: 110
Views: 11544

Re: Non-fiction bucket list

I also strongly recommended this golden book: Another Sort of Learning: Selected Contrary Essays on How Finally to Acquire an Education While Still in College or Anywhere Else: Containing Some Belated Advice about How to Employ Your Leisure Time When Ultimate Questions Remain Perplexing in Spite of...
by Youngblood
Sun Aug 20, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 18087

Re: Lost $7000 today in ONE DAY!

Hi everyone, I lost $7000 today in one day. My portfolio is below. Ironically, I've just returned from a store where I was arguing with a cashier over 0.50 cents! Got home and saw that the portfolio went down by $7k... :oops: Should I change the allocation if this kind of downswing bothers me? :con...
by Youngblood
Fri Aug 18, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: How do you know how much your portfolio lost/gain in one day?
Replies: 31
Views: 1905

Re: How do you know how much your portfolio lost/gain in one day?

With all due respect, nobody that said they lost 7K, 13K or whatever yesterday, lost a single penny. Unless they actually made a stupid decision to lock in the losses, that is. Unless whatever they sold keeps going down by a lot more. Sorry, that doesn't compute. Think about it. When I actually sel...
by Youngblood
Fri Aug 18, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: How do you know how much your portfolio lost/gain in one day?
Replies: 31
Views: 1905

Re: How do you know how much your portfolio lost/gain in one day?

invst65 wrote:
Fri Aug 18, 2017 2:49 pm
With all due respect, nobody that said they lost 7K, 13K or whatever yesterday, lost a single penny. Unless they actually made a stupid decision to lock in the losses, that is.
Unless whatever they sold keeps going down by a lot more.
by Youngblood
Thu Aug 10, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for my Wife - Introductory Post & First Question
Replies: 23
Views: 3544

Re: Planning for my Wife - Introductory Post & First Question

You might consider using Vanguards very inexpensive AUM plan. That way your wife wouldn't have to worry about managing assets. In regards to taxes, how have you been doing them in the past? Are they complicated? Software tax programs (TurboTax) are pretty simple to use. Most have an interview format...
by Youngblood
Thu Aug 10, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 52
Views: 4737

Re: Do you plan to ditch your laptop in travel soon?

Last two trips were a hiking trip to the Smokies and an Alaska cruise. Both times I had only my phone and it was totally freeing not lugging either a tablet or my Surface pro around or worrying about theft.

So, from now on, it's phone alone.
by Youngblood
Mon Aug 07, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: How do you deal with financial anxiety?
Replies: 40
Views: 3657

Re: How do you deal with financial anxiety?

I don't believe everything my mind tells me.
by Youngblood
Sat Aug 05, 2017 5:07 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 69363

Re: Quicken's future direction - a cause for concern

I'll be though with Quicken for good if they become greedy. I'm switching to GnuCash. In the final stages of experimenting, but have all of 2017 data entered into GnuCash already. If for no other reason (and there are other reasons), I'm making the switch because I can control the font and text siz...
by Youngblood
Fri Aug 04, 2017 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 69363

Re: Quicken's future direction - a cause for concern

I plan on keeping my subscription with Quicken but glad that those who choose not to will be able to enter data manually.

YB
by Youngblood
Tue Aug 01, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 5341

Re: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]

Retiringwhen, Your examples are good but I am just concerned about the pendulum swinging too far towards providing a cheaper product at the expense of all the good things that a Fidelity provides. I have accounts at both Fido and VG. In my decades long experience with both, I have favored Fido's web...
by Youngblood
Tue Aug 01, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 5341

Re: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]

What we are seeing is the creative destruction of capitalism. I too think this might be so. Perhaps the root cause of this is that more and more people want more and more stuff for free or nearly so. Every business whether in the financial industry, consumer staples, entertainment, farming, healthc...
by Youngblood
Mon Jul 31, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring IRAs from American Funds to Vanguard
Replies: 15
Views: 1745

Re: Transferring IRAs from American Funds to Vanguard

All, thank you for your responses. Circling back. Spoke to a Vanguard representative and confirmed that Vanguard does not charge additional fees for purchases, sales, or exchanges of any load fund offered through their program even if transferred. However, the funds themselves could have back-end o...
by Youngblood
Tue Jul 25, 2017 6:34 pm
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 87
Views: 11019

Re: [Amazon Prime Day]

I have used Spotify on my desktop but not with Alexa. I just looked and you are right about needing premium account.

I use Pandora and Amazon music via Echo Dot and from Desktop.

Did you try linking your Pandora account with your Alexa phone app? I know that works.
by Youngblood
Tue Jul 25, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance as a tax diversification strategy
Replies: 39
Views: 2838

Re: Life insurance as a tax diversification strategy

Thank you all for your replies. Are there any investment management options going forward at age 70 to minimize taxes ? I didn't think I could convert an IRA to a Roth without earned income. The only income is SS. You certainly can convert IRA to Roth without earned income. You just can't contribut...
by Youngblood
Tue Jul 25, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 38465

Re: John Bogle Has Been Right About Investing In International Stocks

Should internatonal stocks underperform in perpetuity, the day will come when the entire capitalization of the stock market will be made of US stocks. Reductio ad absurdum , An interesting reading on Wikipedia Thank you for this post and many others. I am surprised at least some of those holding op...