Search found 1137 matches

by bengal22
Tue Mar 28, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Where can I buy Vanguard Funds w/o Fees ?
Replies: 31
Views: 1775

Re: Where can I buy Vanguard Funds w/o Fees ?

Vanguard customer service is frustrating but not so frustrating that I wouldn't buy my mutual funds direct. You just have to know that the ones answering the phone lack competency but the need for competency is not so great that you can't suffer through it
by bengal22
Mon Mar 20, 2017 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 4549

Re: Fidelity vs. Vangard?

I have my portfolio split 66/34 between fidelity and vanguard. I like the fund choice better ay vanguard but I find the ineptitude of the vanguard phone representatives frustrating and do not understand why that can't fix it. To me the ownership structure is a non-issue.
by bengal22
Mon Mar 13, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: What makes an individual an Expert?
Replies: 62
Views: 3767

Re: What makes an individual an Expert?

According to the Wizard you merely need a sheet of paper
by bengal22
Sat Mar 11, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: The Big Short, FannyMae and VBMFX
Replies: 5
Views: 423

Re: The Big Short, FannyMae and VBMFX

Just a reminder that The Big Short is a movie and is a movie in a long string of movies about how corrupt and evil Wall Street is. If you want information don't get it from movies, get it from Facebook.
by bengal22
Fri Feb 17, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: 529 Asset Allocation - is this valid thinking?
Replies: 54
Views: 2371

Re: 529 Asset Allocation - is this valid thinking?

I would imagine one approach would be to think of your AA 18 years before retirement. Based on that I would think a 60/40 stock to bond ratio would be ideal. You would hate to hit a low point right when the kid hits college age. As a grandfather, I worry a little contributing to my grand kids 529 be...
by bengal22
Sun Feb 05, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Do you account for likely life expectancy in retirement?
Replies: 63
Views: 4794

Re: Do you account for likely life expectancy in retirement?

Since I plan on my portfolio to continue to grow(on average) over time Why? Are you planning a very low withdrawal rate because when you run simulations it seems many of the successful ones still include retrenchment. Once we start our SSA, that combined with a pension will put the gap between expe...
by bengal22
Sun Feb 05, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you account for likely life expectancy in retirement?
Replies: 63
Views: 4794

Re: Do you account for likely life expectancy in retirement?

Since I plan on my portfolio to continue to grow(on average) over time.... life expectancy is not important to me. Other than I hope to shoot my age at golf when I am 100.
by bengal22
Sat Feb 04, 2017 11:03 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2227
Views: 613814

Re: What Book Are You Currently Reading? Part VI

I would recommend Franzen as well. Enjoy Richard Ford too.

Halfway through hillbilly elegy and find it fascinating.
by bengal22
Sat Feb 04, 2017 8:26 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2546
Views: 654818

Re: What Movie Have You Recently Watched?

Hell or high water. Great movie with great performances.
by bengal22
Wed Jan 11, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 80
Views: 6619

Re: Where do you keep your emergency fund?

Keep my EF in the taxable portion (mutual funds) of my portfolio. These funds are as accessible as a money market fund. Do not believe in keeping my funds on the sideline.
by bengal22
Mon Dec 26, 2016 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement?
Replies: 32
Views: 2975

Re: How do you plan for retirement?

Never worried about "how much I saved."

But every paycheck I first gave and then 2nd invested... before I paid the first bill. My company had profit sharing matching so I always made sure I invested in my 401K about to that amount and then invested above that what I thought I could.
by bengal22
Sat Dec 24, 2016 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: How has Financial Independence changed your life?
Replies: 55
Views: 6991

Re: How has Financial Independence changed your life?

I feel financially independent. But I am not.

Pension comes from ex-employer.
Wife's ssa comes from govt.
My Medicare comes from gov.
Wife's health care subsidized by IRS -HCTC
Dividends come from many companies.
Nest egg impacted by economy- here and abroad.

Independent am I? Naw.
by bengal22
Fri Dec 23, 2016 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: How has Financial Independence changed your life?
Replies: 55
Views: 6991

Re: How has Financial Independence changed your life?

I am still dependent upon my finances. Not sure what financial independence really means. Does it mean I do not have to work? Invest? Or does it mean I am free from financial worry? Or maybe it means no one else provides for me? I really have no clue as to what financial independence even means. Sor...
by bengal22
Tue Dec 13, 2016 7:06 pm
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 14057

Re: How old is your vehicle?

2017 Traverse - wife
2005 - Avalanche - mine of course. I bought it new way back when. Will drive until it quits and then get something new.
by bengal22
Sat Dec 03, 2016 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Informal probate in Massachusetts was easy
Replies: 12
Views: 1410

Re: Informal probate in Massachusetts was easy

Ohio is just as simple. There is a myth around the complexity of preparing a will and executing a will through probate. Lawyers wanted 5k for a 300k estate that required filing an inventory and other easy forms. We did it easily.
by bengal22
Fri Dec 02, 2016 10:37 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2227
Views: 613814

Re: What Book Are You Currently Reading? Part VI

Beloved by Toni Morrison. First book I have read by her and I plan on reading more.
by bengal22
Fri Dec 02, 2016 10:33 am
Forum: Personal Consumer Issues
Topic: Should I buy a new car for safety's sake?
Replies: 152
Views: 6981

Re: Should I buy a new car for safety's sake?

It amazes me how many people today drive vehicles that do not have turn signals. What? There are almost none on the road today that do not HAVE turn signals. The problem is that the drivers do not use them. Pretty sure that was the point of the clearly sarcastic post. I think that common sense and ...
by bengal22
Thu Dec 01, 2016 5:40 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new car for safety's sake?
Replies: 152
Views: 6981

Re: Should I buy a new car for safety's sake?

DaftInvestor wrote:
bengal22 wrote:It amazes me how many people today drive vehicles that do not have turn signals.


what's a turn signal?


exactly.
by bengal22
Thu Dec 01, 2016 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 107
Views: 7850

Re: Pay off mortgage?

I have a 15 year 2.5% fixed interest rate mortgage. I have the cash, and I am tempted to pay it off given that I cannot see any safe investment at a higher after tax interest rate. Is there anything I am missing? I am firmly in the don't pay it off category. However if you fit one of the following ...
by bengal22
Thu Dec 01, 2016 4:58 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new car for safety's sake?
Replies: 152
Views: 6981

Re: Should I buy a new car for safety's sake?

It amazes me how many people today drive vehicles that do not have turn signals.
by bengal22
Wed Nov 23, 2016 2:34 pm
Forum: Personal Consumer Issues
Topic: Bowling alley in the basement
Replies: 30
Views: 3278

Re: Bowling alley in the basement

I can honestly say that until this post I have never thought about putting a bowling alley in the basement. I could not live above all that smoke.
by bengal22
Mon Nov 21, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 8688

Re: Do you track your net worth? How long have you done so?

Been tracking monthly since the 80's. I think it is the most valuable financial number that I track. I used a simple Excel spreadsheet and I include taxable accounts, non-taxable accounts, house, and liabilities.
by bengal22
Wed Nov 09, 2016 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help me to understand part-year resident state tax obligation
Replies: 34
Views: 2413

Re: Help me to understand part-year resident state tax obligation

I moved from OK to OH and I prorated my taxes and income and expenses and turned in two state tax forms. It is relatively easy to do and the forms are self explanatory and I had no issues.
by bengal22
Thu Oct 27, 2016 3:09 pm
Forum: Personal Consumer Issues
Topic: Mr. Money Mustache donates $100k to charity, writes about effective altruism
Replies: 100
Views: 11085

Re: Mr. Money Mustache donates $100k to charity, writes about effective altruism

Tithe to local church. Monies impact local, national, and global ministires, as well as helping the church operate.
by bengal22
Tue Oct 25, 2016 6:18 am
Forum: Investing - Help with Personal Investments
Topic: Your opinion on mentors
Replies: 12
Views: 1244

Re: Your opinion on mentors

IMHO if they want to exchange your money for advice they are not mentors they are advisors. Anytime, you can have a sound mentor that you can bounce ideas off it is a good thing. They just need to have sound judgement and a similar value-set to yourself. You can learn a lot from this board - its rea...
by bengal22
Tue Oct 18, 2016 9:23 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 15561

Re: Retirees: Where are you going for income?

Not looking for income. I think more about the appreciation of my portfolio. If you are retired, don't you need some income to live on? I understand you can sell appreciated securities to generate income, but what do you do in a sustained down market? Do you sell assets from your depreciating portf...
by bengal22
Wed Oct 12, 2016 7:29 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Where are you going for income?
Replies: 102
Views: 15561

Re: Retirees: Where are you going for income?

Not looking for income. I think more about the appreciation of my portfolio.
by bengal22
Tue Oct 11, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Retiremnet but nervous
Replies: 26
Views: 4741

Re: Considering Retiremnet but nervous

ReadytoRetire: Welcome to the Bogleheads Forum! This is a post I wrote several years ago. I hope you find it useful. Hi Bogleheads: One of the great mysteries to me are the Great Debates over Safe Withdrawal Rates (SWR). I put Safe Withdrawal Rates into Google and it came up with more than 16,000 h...
by bengal22
Mon Oct 10, 2016 6:28 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2227
Views: 613814

Re: What Book Are You Currently Reading? Part VI

The Bruce Springsteen autobiography is a good read.
by bengal22
Mon Oct 10, 2016 6:26 pm
Forum: Personal Consumer Issues
Topic: Best Albums of 2016
Replies: 90
Views: 7223

Re: Best Albums of 2016

GeraniumLover wrote:Ian Hunter - Fingers Crossed. Amazing work from a 77-year old. Including his tribute to David Bowie, Dandy.



wow- he's still around. I liked Mott The Hoople back in the day. They were like a Bob Dylan, Rolling Stone, Bette Midler combo.
by bengal22
Sun Oct 09, 2016 9:48 pm
Forum: Personal Consumer Issues
Topic: Best Albums of 2016
Replies: 90
Views: 7223

Re: Best Albums of 2016

Amos Lee's SPIRIT
by bengal22
Sun Oct 09, 2016 6:39 am
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (September 2016)
Replies: 9
Views: 1596

Re: madsinger monthly report (September 2016)

Thanks for your report, madsinger. I think if one tilts it is important to benchmark your performance. I have a typical 3 fund portfolio with a tilt with small cap value and reit. I compare my performance with the coffeehouse and 3 fund, as well as the VG Target Funds of 2015 and 2020 to get some id...
by bengal22
Fri Oct 07, 2016 2:33 pm
Forum: Personal Consumer Issues
Topic: Join AARP
Replies: 56
Views: 3701

Re: Join AARP

I have not signed up for AARP because I do not want my dues supporting candidates that I do not support.
by bengal22
Thu Oct 06, 2016 3:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: Hurricane Matthew
Replies: 61
Views: 6145

Re: Hurricane Matthew

You and everyone else in affected areas are in our prayers.
by bengal22
Thu Sep 08, 2016 11:11 am
Forum: Investing - Help with Personal Investments
Topic: New money
Replies: 15
Views: 1903

Re: New money

Hard to answer without much information. I would invest immediately at my current AA.
by bengal22
Thu Sep 08, 2016 8:28 am
Forum: Investing - Theory, News & General
Topic: Do you think about volatility drag on your portfolio?
Replies: 155
Views: 7943

Re: Do you think about volatility drag on your portfolio?

"Do you think about volatility drag on your portfolio?"

No.
by bengal22
Wed Sep 07, 2016 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Just starting Roth IRA with fidelity
Replies: 23
Views: 1821

Re: Just starting Roth IRA with fidelity

If I was 24, I would start with fidelity total stock market and worry about adding total bond and total international later.
by bengal22
Wed Sep 07, 2016 5:07 am
Forum: Personal Finance (Not Investing)
Topic: "Letter of Final Instructions"
Replies: 45
Views: 7016

Re: "Letter of Final Instructions"

This approach is good, Taylor, but one thing I have learned through a family death is to declutter(dont burden the kids with throwing away my stuff) and having every thing set up to transfer without probate. Beneficiaries designated for IRA, etc, POD for bank accounts, and TOD for house title and c...
by bengal22
Tue Sep 06, 2016 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: "Letter of Final Instructions"
Replies: 45
Views: 7016

Re: "Letter of Final Instructions"

This approach is good, Taylor, but one thing I have learned through a family death is to declutter(dont burden the kids with throwing away my stuff) and having every thing set up to transfer without probate. Beneficiaries designated for IRA, etc, POD for bank accounts, and TOD for house title and ca...
by bengal22
Tue Sep 06, 2016 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to Think About Money?
Replies: 39
Views: 4663

Re: How to Think About Money?

John Wesley said, "Earn all you can, Save all you can, Give all you can." It really is all about our mindset and our priorities. Money gives us opportunities but it should not be the final goal. A rich life is one where we have close friends, close family, and we serve others.
by bengal22
Thu Aug 25, 2016 1:47 pm
Forum: Investing - Theory, News & General
Topic: "Build Your Own Lazy Portfolio"
Replies: 4
Views: 1072

Re: "Build Your Own Lazy Portfolio"

Simple but True. You cannot out pick the market so why not just buy the market. Focus on your career because the amount of income and benefits really has a big impact on how much you accumulate.
by bengal22
Sun Aug 21, 2016 1:39 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 5108

Re: Tips for a 1000 miles car trip with toddler and baby

I would have a family meeting just prior to the trip and explain to the toddler and the baby what your plan is and how much you would appreciate their cooperation. I think with some frankness the trip will go swimmingly.
by bengal22
Sun Aug 21, 2016 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Rick Ferri Portfolio Review
Replies: 34
Views: 4795

Re: Rick Ferri Portfolio Review

As stated elsewhere the important fact is your asset allocation of stocks/bonds and to me the most important fact - how much are you saving. Once you know your stock to bond ratio, all the other tweeking is minor variation.
by bengal22
Sun Aug 21, 2016 1:33 pm
Forum: Personal Consumer Issues
Topic: Favorite Restaurant Stop on Road Trips
Replies: 142
Views: 11310

Re: Favorite Restaurant Stop on Road Trips

On road trips when we are not in a hurry, the wife and I loved to go into old little towns that always had a local diner with good food and interesting people.

On road trips when we are in a hurry we just do the fast food and go for speed.
by bengal22
Fri Aug 19, 2016 4:55 pm
Forum: Personal Consumer Issues
Topic: Favorite Restaurant Stop on Road Trips
Replies: 142
Views: 11310

Re: Favorite Restaurant Stop on Road Trips

MP173 wrote:Waffle House, if south of Mason Dixon line.

North of MD line...whatever is convenient.

Ed


What's wrong with the waffle houses that are north of Mason-Dixon? Grease is grease. I love 'em.
by bengal22
Mon Aug 15, 2016 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor for my will
Replies: 43
Views: 3547

Re: Hiring an executor for my will

I have no children. OK. Well who will be the primary beneficiary of your estate? Can they be your executor? In most cases, you can set up your assets while you are alive so that nothing goes through probate. You can set up beneficiaries for your investments and you can have TOD's or POD's for bank ...
by bengal22
Mon Aug 15, 2016 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Where to report IRS impersonation scams
Replies: 26
Views: 2044

Re: Where to report IRS impersonation scams

Call your local police immediately. What do you expect some local policeman to do about a phone call from another country? I stand by my response. Your first phone call should be to your local police. They will know how to handle your complaint and escalate as needed. Sorry if you disagree. I don't...
by bengal22
Mon Aug 15, 2016 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Where to report IRS impersonation scams
Replies: 26
Views: 2044

Re: Where to report IRS impersonation scams

criticalmass wrote:
bengal22 wrote:Call your local police immediately.



What do you expect some local policeman to do about a phone call from another country?


I stand by my response. Your first phone call should be to your local police. They will know how to handle your complaint and escalate as needed. Sorry if you disagree.

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