Search found 1347 matches

by bengal22
Thu Apr 19, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 123
Views: 6656

Re: Is Los Angeles a good place long term to live financially?

VictoriaF wrote:
Tue Apr 17, 2018 5:08 pm
GrayS26 wrote:
Tue Apr 17, 2018 3:55 pm

3. Find a beautiful woman to marry who has a high net worth, and hopefully being in a big city like LA I’d find someone
The best market for beautiful rich women is New York City. If you are any good, organize an auction.

Victoria
Do people still marry for money?
by bengal22
Wed Apr 18, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Please help me with arguments for/against actively managed...
Replies: 34
Views: 1461

Re: Please help me with arguments for/against actively managed...

It all boils down to expense ratio and the inability to predict the market. So if everyone has an equal ability to match market the only differentiation is expense ratio. Ergo index funds are the best way to go.
by bengal22
Tue Apr 17, 2018 5:28 pm
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 6086

Re: Your Money Or Your Life

As Jack Benny said, "I'm thinking."
by bengal22
Sat Apr 14, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: Delta Dental through AARP vs. Direct
Replies: 7
Views: 932

Re: Delta Dental through AARP vs. Direct

I have found that the negotiated prices with Delta Dental make it worth while to have. Of course, if you just have cleanings and annual X Ray then you are better off paying cash.
by bengal22
Wed Apr 11, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3182

Re: Anyone tried a sunrise alarm clock?

What's a "sunrise alarm clock"? The clock we have in our bedroom is a digital clock-radio with an old-style 30-pin Apple port on which we have docked an iPod containing wake-up music. It fires when the alarm time hits. It's an alarm clock that simulates the sunrise in your room as it has a large bu...
by bengal22
Tue Apr 10, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: Periodontist at fault?
Replies: 33
Views: 3160

Re: Periodontist at fault?

Since dentist normally do crowns I would assume your dentist did your crown. If so, it seems to be his issue. If the Periodontist did the crown then maybe he did something wrong. Both should have known it was abcessed. But how do you prove? I would switch both dentist and Periodontist if they won't ...
by bengal22
Sun Apr 08, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about filing taxes for deceased relative
Replies: 7
Views: 518

Re: Questions about filing taxes for deceased relative

When FIL died we did not have to file personal income tax because all he had was SSA and a little interest. He was below income needed to file. We also did not have to file estate tax because dividends earned during execution of will was not over limit.
by bengal22
Sat Apr 07, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13802

Re: Parents have zero savings. What can I do?

DanMahowny wrote:
Sat Apr 07, 2018 1:18 pm
livesoft wrote:
Sat Apr 07, 2018 12:23 pm
You can tell them:

Not my monkeys, not my circus.

Or buy them the T-shirt.
Agree 100%
This is his wife's mother right? I hope these are jokes.
by bengal22
Thu Apr 05, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to find a quality Estate Planning Attorney?
Replies: 12
Views: 884

Re: How to find a quality Estate Planning Attorney?

i would make sure that I really need an estate planning attorney?
by bengal22
Thu Apr 05, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 8972

Re: How Do You Value Your Home for Net Worth Purposes?

You have to begin by asking why you want to know your net worth and what you will use the number for. I've never been able to figure out any actual use for it other than to make me feel good and/or have an answer if someone asks me my net worth. Which I don't think has ever happened, in fact. The u...
by bengal22
Thu Apr 05, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: SS Benefit Calculators?
Replies: 24
Views: 1718

Re: SS Benefit Calculators?

smitcat wrote:
Thu Apr 05, 2018 10:24 am
bengal22 wrote:
Thu Apr 05, 2018 10:15 am
Black rock has a good SSA calculator.
I believe that was retired.
Too bad. That was a good one.
by bengal22
Thu Apr 05, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: SS Benefit Calculators?
Replies: 24
Views: 1718

Re: SS Benefit Calculators?

Black rock has a good SSA calculator.
by bengal22
Wed Apr 04, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 8972

Re: How Do You Value Your Home for Net Worth Purposes?

I include home value in my net worth. I use a conservative value and also subtract 6% for my cost to sell it. And I put my mortgage loan balance in my liability section. I for one, think that net worth is the most important financial measurement that I track. It is the purest measurement of my fina...
by bengal22
Thu Mar 29, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 8972

Re: How Do You Value Your Home for Net Worth Purposes?

I include home value in my net worth. I use a conservative value and also subtract 6% for my cost to sell it. And I put my mortgage loan balance in my liability section. I for one, think that net worth is the most important financial measurement that I track. It is the purest measurement of my finan...
by bengal22
Thu Mar 29, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 7588

Re: Vanguard in the WSJ today

Error 503 Service Unavailable I couldn't read it. Often we blame Vanguard's issues on growing too fast. Well it really does not take long to reach a human being when you call them. They are just woefully undertrained and are widely inconsistent on skill level. Even when I remind them of their owners...
by bengal22
Wed Mar 28, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Retirees: Do you spend all your "income"?
Replies: 46
Views: 4239

Re: Retirees: Do you spend all your "income"?

spend more than 100% of my income. However, due to appreciation my portfolio has grown very well since retirement. My plan is to always spend more than my income but yet I believe my portfolio will still grow due to market growth. IMO I would include stock appreciation as income but that just one ma...
by bengal22
Sat Mar 24, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: I did it and feel great about it (paid off mortgage)
Replies: 65
Views: 8882

Re: I did it and feel great about it (paid off mortgage)

I have a good feeling knowing that I could pay it off if I wanted to(Mortgage is about 5% of my portfolio) I see no benefit for me to pay it off early.
by bengal22
Sat Mar 24, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 11843

Re: Seasoned bogleheads repressing the thought of lower expected returns

Are seasoned bogleheads on this forum repressing the prospect of hardly positive real returns for the next decade, because its painful to acknowledge? not painful to acknowledge because the one thing we know is that you cannot predict future returns. as long as I match the market I have done the be...
by bengal22
Thu Mar 22, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Which state to file taxes in?
Replies: 14
Views: 903

Re: Which state to file taxes in?

Since he has no income in Illinois he should file state income tax in California. If he has withholding in California he needs to get that reconciled. Even if he did a part-year residency he would put all his income in California so there is really no reason to file in Illinois.
by bengal22
Thu Mar 22, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Spousal Social Security
Replies: 14
Views: 1587

Re: Spousal Social Security

instant replay
by bengal22
Thu Mar 22, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Spousal Social Security
Replies: 14
Views: 1587

Re: Spousal Social Security

I filed a restricted spousal benefit in December and I found the process very easy and my concerns unfounded. I did it online. There is a box to check saying you want a spousal benefit and I also made a brief statement in the comment section. Within a week, I received a phone call to make sure that ...
by bengal22
Thu Mar 22, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Building a bridge to Social Security: When to start?
Replies: 34
Views: 3970

Re: Building a bridge to Social Security: When to start?

I am in a similar situation and I did not build a bridge to social security. There is a cost to parking 5 years worth of anticipated expenses in a cash bucket where it does not grow. I kept my whole portfolio at my desired asset allocation and pulled from my taxable portion when needed. With the cur...
by bengal22
Wed Mar 21, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 74
Views: 5122

Re: What have you baked recently?

Pillsbury's cinnamon rolls
by bengal22
Tue Mar 20, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 556
Views: 61153

Re: Netflix, Your Current Favorite Show

D3YO and I love Beat Bugs. Each episode features a Beatle song.
by bengal22
Mon Mar 19, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: How seriously do you take emergency fund advice?
Replies: 29
Views: 1799

Re: How seriously do you take emergency fund advice?

For me... everything has a cost. Having six months... nine months...one year in a bank cash account has a cost. It is money that is not growing at the rate that you would like it to. For me...my emergency fund was my taxable portion of my portfolio. As long as I had enough to weather the "emergencie...
by bengal22
Thu Mar 15, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2967
Views: 915195

Re: What Book Are You Currently Reading? Part VI

Fire and Fury was the other book I finished reading. I didn't want to be the first to report. :) I suspect book is a work of fiction for the most part. In a recent interview , Bannon speaks to the veracity of the book. I mention it only because it's pretty clear Bannon was one of the main contribut...
by bengal22
Mon Mar 12, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: traveling to mexico, should I be concerned?
Replies: 107
Views: 8510

Re: traveling to mexico, should I be concerned?

Traveling to playa del carmen next month.... MDY and I are traveling ...? thanks... PS - What's a MDY? I looked this one up: MDY Acronym Definition MDY Month Day Year MDY Master of Arts in Diplomacy MDY Market Dividend Yield MDY Minimum Detectable Yield I assume he has a Master of Arts in Diplomacy...
by bengal22
Sun Mar 11, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 556
Views: 61153

Re: Netflix, Your Current Favorite Show

Love
The Crown
Narcos
House of Cards
Stranger Things

Top 5 for me
by bengal22
Sun Mar 11, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: When doing Dollar Cost Averaging (DCA) does it matter how frequently you put in monies?
Replies: 27
Views: 1830

Re: When doing Dollar Cost Averaging (DCA) does it matter how frequently you put in monies?

If I have a lump sum to invest, I put it all in at once.v

I did my DCA with each pay check.
by bengal22
Mon Mar 05, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Etiquette of hanging up on live telemarketers
Replies: 77
Views: 3567

Re: Etiquette of hanging up on live telemarketers

I always try to remember that the person on the other end of the line is a real person and must really be struggling for meaningful employment so I try to show compassion by putting my 17 month grandchild on the line and letting them enjoy his babbling.
by bengal22
Sat Mar 03, 2018 10:01 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2967
Views: 915195

Re: What Book Are You Currently Reading? Part VI

...I Just finished “Fire and Fury”... I have, too. I will say these things: 1) it is a long book that held my interest from beginning to end. The long excerpt in New York magazine did not contain everything in the book that was worth reading. Fire and Fury was the other book I finished reading. I d...
by bengal22
Sat Mar 03, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Lost social security card, steps to take?
Replies: 34
Views: 2419

Re: Lost social security card, steps to take?

Go to local SSA office and get a new SS card. At some point you will need it. No other action required.
by bengal22
Sat Feb 24, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 60
Views: 8743

Re: "Bogleheads.org" by Kristine Hayes"

CFM300 wrote:
Fri Feb 23, 2018 6:48 pm
FYI, an abbreviation where each letter is a pronounced separately is called an initialism, not an acronym.
OK
by bengal22
Fri Feb 23, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 60
Views: 8743

Re: "Bogleheads.org" by Kristine Hayes"

Thanks for posting, Taylor. Found it interesting that Dave Ramsey was the gateway for Kristine's entry into financial literature.
by bengal22
Tue Feb 20, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 105
Views: 10123

Re: What's your cash position

2%. When I was doing ACA, I had a higher cash position so I could minimize income. No need for cash now.
by bengal22
Mon Feb 19, 2018 10:24 pm
Forum: Investing - Theory, News & General
Topic: Chillin' in the BH Lounge
Replies: 46
Views: 5480

Re: Chillin' in the BH Lounge

Case59 wrote:
Mon Feb 19, 2018 9:20 am
So much depends
upon

the safe withdrawal
rate

glazed with back-
testing

beside the Monte Carlo
wheel

(with apologies to William Carlos Williams)
I am impressed. William Carlos Williams indeed.
by bengal22
Mon Feb 19, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Considering move to Tulsa, OK
Replies: 21
Views: 2407

Re: Considering move to Tulsa, OK

We lived in Tulsa for 4 years. Bixby is a great neighborhood and may be closer to work. Good city to raise a family. Great churches, great restaurants, and being the home town of Leon Russell and JJ Cale, a vibrant music scene. From my experience the tornados are more south, around OK City. However ...
by bengal22
Mon Feb 19, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 11484

Re: What has been your most important skill in achieving financial independence?

My most important skill was the willingness to work hard and smart and thus to maximize my income. I still am a big believer that the biggest determinant in financial independence is the amount of income. If you couple that with the discipline to live WITHIN your means and to invest smartly(Index fu...
by bengal22
Mon Feb 19, 2018 8:30 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (January 2018)
Replies: 28
Views: 3013

Re: madsinger monthly report (January 2018)

When I first started doing these charts, smart phones did not exist, and I tried to format the charts to look good on a computer monitor. I still work at a computer all day, and rarely access the Boglehead site from a phone. However, I tried to look at these charts on my phone a while back, and rea...
by bengal22
Wed Feb 14, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Legal Docs
Replies: 16
Views: 1399

Re: Legal Docs

I did our own will by using my father in laws as a guide. In most cases a will, POA, and living will are pretty boilerplate and using one from legal zoom or free forms is sufficient. Fears of doing it wrong is overstated in my humble opinion.
by bengal22
Sun Feb 11, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3491
Views: 985354

Re: What Movie Have You Recently Watched?

Blade Runner 2049 - A
Only the Brave - B+
American Assassins - C
Windy River - B
by bengal22
Sat Feb 10, 2018 7:06 am
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 99
Views: 10453

Re: How to deal with regret

Regrets, I've had a few
But then again, too few to mention
I did what I had to do
And saw it through without exemption
I planned each charted course
Each careful step along the byway
And more, much more than this
I did it Jack's way


Everything will be OK in the end.
by bengal22
Fri Feb 09, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 96
Views: 6084

Re: I didn't tax-loss harvest this month, did you?

I have no positions that are remotely close to showing a loss.
by bengal22
Thu Feb 08, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Exchanging stocks for index funds on Fidelity
Replies: 2
Views: 206

Re: Exchanging stocks for index funds on Fidelity

Should be easy to sell /exchange stocks on Fidelity but please be aware of capital gain tax on taxable accounts.
by bengal22
Mon Feb 05, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course? Edited to Staying the course!
Replies: 22
Views: 2284

Re: Stay the course?

Sometimes we forget when we were young and the investment stuff was new. Yes the last two business days have been scary but just remember that you are in this for the long haul and are investing for your future 30-40 years down the road. I was about your age in the 80's when the market had a major c...
by bengal22
Thu Feb 01, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: How to know if you really have enough for the future
Replies: 10
Views: 1598

Re: How to know if you really have enough for the future

Not sure if one can ever really know. Save all you can and enjoy the "now" on every step of the journey. Things will always be OK in the end.
by bengal22
Thu Feb 01, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 8416

Re: Anyone else cashing out on *some* of the crazy earnings?

Just so you are not disappointed, my comment would be that timing the market is a losing proposition. Capture your gains by rebalancing and just stay the course.
by bengal22
Tue Jan 30, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Comparing two job offers
Replies: 7
Views: 565

Re: Comparing two job offers

"smart money" choice would be first one. You have to decide how much shorter commute and 10 location is worth.
by bengal22
Sun Jan 28, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: market timing in a random walk
Replies: 39
Views: 2377

Re: market timing in a random walk

Maybe it is simpler than that. I thought the bigger differential was the cost of passive was less than the cost of active. That's how you win in the long run. Plus sometimes actiion is based on emotion which is not very reliable.
by bengal22
Sat Jan 27, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3491
Views: 985354

Re: What Movie Have You Recently Watched?

The Post was pretty good but a little biased for my taste. Interesting to see how newspapers were mechanically put together back then.