Search found 1120 matches

by bengal22
Fri Dec 02, 2016 10:37 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2006
Views: 515369

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: 5932

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: 5932

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: 97
Views: 5600

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: 5932

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: 2766

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: 7637

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: 2064

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: 9963

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: 1164

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: 14186

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: 14186

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: 4542

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: 2006
Views: 515369

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: 6147

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: 6147

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: 1386

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: 3222

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: 5651

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: 1770

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: 74
Views: 4175

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: 1443

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: 6074

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: 6074

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: 4339

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: 1044

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: 4519

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: 4425

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: 10160

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: 10160

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: 3395

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: 1864

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: 1864

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.
by bengal22
Mon Aug 15, 2016 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Where to report IRS impersonation scams
Replies: 26
Views: 1864

Re: Where to report IRS impersonation scams

Call your local police immediately.
by bengal22
Thu Aug 11, 2016 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Wills, lawyers & UsLegalForms.com
Replies: 6
Views: 612

Re: Wills, lawyers & UsLegalForms.com

From my experience, wills are pretty generic. We took my father in laws will, changed the names, got friends to witness, and voila we have a will as good as you would get for 400 bucks. Their is a certain mystique around wills, probate, pop's, that only a lawyer can do them.
by bengal22
Mon Aug 08, 2016 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor for my will
Replies: 43
Views: 3395

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 08, 2016 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor for my will
Replies: 43
Views: 3395

Re: Hiring an executor for my will

My wife is the executor for her father and we were able to be both lawyer and executor with a minimum of effort/knowledge. A lawyer will charge you around 5% and an executor can charge up to 4-5% of the estate(this varies from state to state). I would strongly recommend that you 1)get your finances ...
by bengal22
Fri Jul 22, 2016 4:42 pm
Forum: Investing - Theory, News & General
Topic: Mutual fund performance and fund size
Replies: 9
Views: 868

Re: Mutual fund performance and fund size

I could not open link but I assume that this does not apply to index funds and that aum means Assets Under Management.
by bengal22
Fri Jul 08, 2016 10:04 pm
Forum: Investing - Theory, News & General
Topic: Is this Allocation ok
Replies: 9
Views: 702

Re: Is this Allocation ok

I think you are being too defensive. I would have a more 60/40 Allocation and not worry about timing. You are in for the long haul.
by bengal22
Fri Jul 08, 2016 8:41 am
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 123
Views: 10338

Re: Fidelity Undercutting Vanguard Expenses

May be a loss-leader/"bait and switch" tactic by Fidelity. It has been reported that Fidelity advertises their lower-priced index funds and then steers unwary investors to higher-priced alternative investment funds. Fidelity is just like Vanguard in that they create funds that will attrac...
by bengal22
Thu Jul 07, 2016 9:02 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 123
Views: 10338

Re: Fidelity Undercutting Vanguard Expenses

May be a loss-leader/"bait and switch" tactic by Fidelity. It has been reported that Fidelity advertises their lower-priced index funds and then steers unwary investors to higher-priced alternative investment funds. Fidelity is just like Vanguard in that they create funds that will attrac...
by bengal22
Thu Jul 07, 2016 3:51 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 123
Views: 10338

Re: Fidelity Undercutting Vanguard Expenses

May be a loss-leader/"bait and switch" tactic by Fidelity. It has been reported that Fidelity advertises their lower-priced index funds and then steers unwary investors to higher-priced alternative investment funds. Fidelity is just like Vanguard in that they create funds that will attrac...
by bengal22
Sat Jul 02, 2016 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Living off dividends/interest in retiremeht
Replies: 60
Views: 7014

Re: Living off dividends/interest in retiremeht

If dividends and distributions are included in total return why would one not want to maximize total return unless one is nervous about the risk involved? I am using the approach in my retirement of using an AA that maximizes total return with my "risk sweet spot" and I have more now than ...
by bengal22
Thu Jun 30, 2016 9:24 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 123
Views: 10338

Re: Fidelity lowers expense ratio of some index funds

Ok, I'll concede on the point about upselling. All I meant was their bread and butter is not being made on index funds. And they do need to run a profit, which is what their other funds, but probably not their index funds will achieve. Vanguard doesn't have to run a profit. They only have to cover ...
by bengal22
Thu Jun 30, 2016 6:25 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 123
Views: 10338

Re: Fidelity lowers expense ratio of some index funds

Ok, I'll concede on the point about upselling. All I meant was their bread and butter is not being made on index funds. And they do need to run a profit, which is what their other funds, but probably not their index funds will achieve. Vanguard doesn't have to run a profit. They only have to cover ...
by bengal22
Thu Jun 30, 2016 6:17 pm
Forum: Personal Consumer Issues
Topic: Tipping Etiquette Question.
Replies: 37
Views: 3577

Re: Tipping Ettiquet Question.

The bartender, who in most states in the US is paid $2.13 per hour , did a good job, and should be rewarded, unless the bartender is the owner. That person should not be tipped, and if they are, should claim no share in the tips but rather give them to the wait and kitchen staff. If the owner isn't...
by bengal22
Thu Jun 30, 2016 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: how to reflect paying off mortgage in AA?
Replies: 38
Views: 1896

Re: how to reflect paying off mortgage in AA?

Paying off mortgage would not appear in your AA. Once you start investing the increase in your income then whereever you invest it could change your AA.
by bengal22
Thu Jun 30, 2016 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor - Vanguard vs Fidelity
Replies: 14
Views: 1397

Re: New Investor - Vanguard vs Fidelity

Both are equally good.
by bengal22
Sun Jun 26, 2016 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Savings - is it more complicated?
Replies: 8
Views: 805

Re: Retirement Savings - is it more complicated?

I would take into account other income streams(if any) such as pension, social security, dividends, etc and also some conservative expected return on my investment. In my case, I look as my portfolio as a huge income stream(dividends, fund sales, etc.) and really expect my portfolio to grow in my re...
by bengal22
Tue Jun 21, 2016 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use this realtor?
Replies: 27
Views: 2131

Re: Should I use this realtor?

Make her an offer she can't refuse.

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