Search found 1101 matches

by bengal22
Thu Sep 08, 2016 11:11 am
Forum: Investing - Help with Personal Investments
Topic: New money
Replies: 15
Views: 1686

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: 51
Views: 2534

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: 1315

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: 5745

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: 5745

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: 4120

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: 1025

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: 4121

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: 4229

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: 9565

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: 9565

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: 3274

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: 1700

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: 1700

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: 1700

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: 580

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: 3274

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: 3274

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: 840

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: 672

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: 9858

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: 9858

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: 9858

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: 6765

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: 9858

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: 9858

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: 3456

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: 1810

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: 1337

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: 767

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: 2068

Re: Should I use this realtor?

Make her an offer she can't refuse.
by bengal22
Sat Jun 11, 2016 2:06 pm
Forum: Investing - Theory, News & General
Topic: Inevesting Mistakes or Regrets
Replies: 49
Views: 4777

Re: Inevesting Mistakes or Regrets

When buying our first house, I wish I would have bought more house. I played it way too conservatively.
by bengal22
Sun Jun 05, 2016 7:24 am
Forum: Personal Consumer Issues
Topic: Leave garage door open?
Replies: 109
Views: 9655

Re: Leave garage door open?

I keep my garage door about 1/4 open to help air out the garage and also to keep medium to tall people out.
by bengal22
Thu Jun 02, 2016 4:00 pm
Forum: Investing - Theory, News & General
Topic: Thank you Taylor Larimore
Replies: 51
Views: 7905

Re: Thank you Taylor Larimore

What always impressed me about Taylor was that he would always take the time for some individual correspondence when help was needed. He really has that Servant Heart. I know he served in WW2 in the Battle of the Bulge but he also serves this board faithfully. We are truly blessed to have him with u...
by bengal22
Fri May 27, 2016 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Money transfers to Vanguard
Replies: 13
Views: 1273

Re: Money transfers to Vanguard

I have found it very very hard to transfer IRA money to Vanguard. I have had to fill out forms and have the bank or other agency send a paper check to Vanguard directly. In this regard I found vanguard very difficult to work with and just recently I had an issue with a transfer and it took me 6 week...
by bengal22
Wed May 25, 2016 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you reach 100K networth?
Replies: 299
Views: 51746

Re: What age did you reach 100K networth?

Are we factoring in accounts such as 401K's, ROTH IRA's, etc or are we talking about money that we have IMMEDIATE access to such as taxable investment accounts, checking/saving/CD's, money hidden under the mattress? If we're including ALL accounts, even those that I cannot withdraw from until age 5...
by bengal22
Wed May 25, 2016 2:22 pm
Forum: Personal Consumer Issues
Topic: series/ movies filmed in your home town?
Replies: 87
Views: 3503

Re: series/ movies filmed in your home town?

Miles Ahead - Carol - The Christmas Spirit - The Ides of March - Rain Man Eight Men Out Airborne- last scene is a rollerblade race through the city ending down on the river Fresh Horses Where in Ohio was this? Cincinnati. It sort of has that 1930-1940 feel(like Tulsa). Lebanon, Ohio also has films ...
by bengal22
Sat May 21, 2016 6:48 pm
Forum: Personal Consumer Issues
Topic: series/ movies filmed in your home town?
Replies: 87
Views: 3503

Re: series/ movies filmed in your home town?

Miles Ahead -
Carol -
The Christmas Spirit -
The Ides of March -
Rain Man
Eight Men Out
Airborne- last scene is a rollerblade race through the city ending down on the river
Fresh Horses
by bengal22
Wed May 11, 2016 5:32 pm
Forum: Personal Consumer Issues
Topic: When is cash better than plastic?
Replies: 74
Views: 7247

Re: When is cash better than plastic?

poker
by bengal22
Wed May 04, 2016 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 91
Views: 7885

Re: Fidelity or Vanguard

The whole buy VAnguard because you will be an owner is absolutely "hooey." They have good funds but their customers reps do not treat you like an owner let alone a valued customer. I use both Vanguard and Fidelity because they have good low cost index funds. Fidelity does not pressure its...
by bengal22
Wed May 04, 2016 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 91
Views: 7885

Re: Fidelity or Vanguard

Vanguard's main philosophy is low cost products for their customers. I believe the Fidelity has some low cost funds for the sole purpose of competing with Vanguard. I also believe the Fidelity would like to switch their customers to their higher cost products, given the opportunity. I prefer to rew...
by bengal22
Wed May 04, 2016 5:49 pm
Forum: Personal Consumer Issues
Topic: Considering buying my own modem
Replies: 43
Views: 3175

Re: Considering buying my own modem

runner9 wrote:Did this nearly 2 years ago, found a modem on ebay. Time Warner tech support talked me though setup, no issues at all.


My understanding is that if you have a land line through Time Warner you have to use their modem. It is a hidden cost of bundling a land line with your package.
by bengal22
Wed May 04, 2016 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 91
Views: 7885

Re: Fidelity or Vanguard

I have monies in both companies and both offer comparable index funds. Vanguard does seem to have very low experienced customer service reps that are not knowledgeable about anything that you need to conduct any type of transaction. But with a little patience that can be overcome with persistence. I...
by bengal22
Wed May 04, 2016 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Things to do in Cincinnati
Replies: 13
Views: 893

Re: Things to do in Cincinnati

I don't know about nightlife(bars) so much but there are some great places to eat: Jeff Ruby's Precinct. Or his downtown restaurant Jeff Ruby's. Terry Turf Club or Quatman for hamburgers Graeters for Ice Cream - absolutely the best anywhere in U.S. I have been Mt. Washington Chili Boca - upscale din...
by bengal22
Sun May 01, 2016 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Can Vanguard represent me with the rollover?!
Replies: 14
Views: 1588

Re: Can Vanguard represent me with the rollover?!

I am currently having a bad experience doing a direct rollover into Vanguard. I even had a Vanguard rep refuse to call the sending organization with me on the phone. The process VG had me do was to give me the information to fill out on the request and then I mailed it in and then all communication ...
by bengal22
Sat Apr 30, 2016 4:42 pm
Forum: Personal Consumer Issues
Topic: Dress Pants
Replies: 13
Views: 1876

Re: Dress Pants

This made Bengal22 think of munchkinman and his pants post.

viewtopic.php?f=11&t=114449
by bengal22
Fri Apr 29, 2016 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 174
Views: 14388

Re: Is Vanguard phone support always this bad?

I am in the middle of an absolute horrible experience trying to get a rollover into Vanguard. They have been absolutely no help and they really do not give any indication that they really care. While most of the issue is the sender of the rollover, Vanguard could have handled this issue with just a ...
by bengal22
Wed Apr 27, 2016 1:44 pm
Forum: Personal Consumer Issues
Topic: Stanley Kubrick's 2001 a space odyssey
Replies: 154
Views: 16850

Re: Stanley Kubrick's 2001 a space odyssey

Good list but please do not forget the all time classic SF movie - Logan's Run. I am taking that as ironic? ;-). What most British males have never recovered from is Jenny Agutter with her clothes off. As a child actress she played one of the children in the classic The Railway Children which every...
by bengal22
Tue Apr 26, 2016 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra 22k?
Replies: 5
Views: 735

Re: What to do with extra 22k?

Seems like you would just invest it at your desired AA, filling first non-taxable limits, and then sticking it in your taxable accounts. AA not familiar with that term? Our Roths are maxed out this year 5.5k each. Should I just hold onto it and use it for future Roths? No, I found it useful to alwa...
by bengal22
Tue Apr 26, 2016 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Question for the Bogleheads Millionaires
Replies: 372
Views: 59808

Re: Question for the Bogleheads Millionaires

of money 2. Start saving regularly in your early 20's and never stop p.s. living below your means is overrated I always remember those early IRA ads that showed the beauty of compound interest. So if you invest x amount every year starting at the age of 21 you will be a millionaire before you retir...

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