Search found 129 matches

by book lover
Sat Jun 23, 2018 8:33 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Mel Lindauer
Replies: 21
Views: 975

Re: Happy Birthday Mel Lindauer

Happy Birthday Mel: Thank you for everything you do and have done to help people.
by book lover
Sun Jun 17, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 34
Views: 2876

Re: How do you read books?

For non fiction, I employ the 80/20 rule and read what I consider to be important. For fiction, I like to read the complete works of authors that I enjoy reading and use book reviews in the New York Times and Wall Street Journal as well as the iBooks Store for new books. In addition, I like to read ...
by book lover
Thu Jun 14, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3477

Re: Paying off mortgage early

In 1990, when we purchased our house, two books that influenced that decision to pay it off early were Ron Blue's The Debt Squeeze and The Richest Man In Babylon. My wife and I are conservative and have had no regrets with our decision.
by book lover
Wed Jun 13, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: [favorite] Boglehead quotes
Replies: 103
Views: 14108

Re: [favorite] Boglehead quotes

" Money don't make you happy and happy don't make you money." Groucho Marx
by book lover
Tue Jun 12, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for High Deductible Health Care Plan - Ages 61/56
Replies: 17
Views: 1218

Re: Recommendation for High Deductible Health Care Plan - Ages 61/56

When looking at the different plans on Healthcare.Gov, be sure to look at how robust the provider network is , in my part of Ohio, there was only one plan that had a decent network with the others being Medicaid like and many providers not accepting those plans.
by book lover
Sat Jun 09, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Do I need an umbrella insurance policy?
Replies: 16
Views: 2066

Re: Do I need an umbrella insurance policy?

When people are driving ,they are making over 20 decisions per mile. Driving is one of the more perilous things we do in life.The chance that you will need to use an umbrella policy is very small but the cost is minimal and if you ever need to use it your insurance company will have their best and b...
by book lover
Wed May 30, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: To be or not to be complex, that is the question
Replies: 146
Views: 11696

Re: To be or not to be complex, that is the question

Always liked Leonardo Da Vinci's quote:" Simplicity is the ultimate sophistication" and Henry David Thoreau's: "Simplify, simplify, simplify" and finally William of Ockham's belief that the simplest solution is the one that usually makes the most sense.
by book lover
Tue May 29, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 5033

Re: Splurging on the NBA finals

Buying such an experience would bring happiness and give you a memory that you can relive with others for many years in the future. Sadly it may be the last series Bron ever plays in a Cav's uniform.
by book lover
Tue May 22, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Disability Insurance
Replies: 6
Views: 412

Re: Long Term Disability Insurance

There are disability policies that offer inflation protection at various levels. If you decide to purchase on your own, be sure to get one which is own occupation and check policy language to see if there would be any overlap with Social Security Disability such that the insurance company subtracts ...
by book lover
Sun May 20, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Young Doctor Couple - Starting Work, Starting to Invest
Replies: 31
Views: 2911

Re: Young Doctor Couple - Starting Work, Starting to Invest

Read the Wiki here: It will be of great help.Invest in low cost indexed mutual funds such as Vanguard's Total Stock Market Index and Total Bond Market Index, choose your asset allocation, track you spending ( Don't expect what you don't inspect) and continue to ask questions of the Bogleheads , the ...
by book lover
Fri May 18, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 3306

Re: Retiring soon - some questions

When you drill down into the ACA, make sure to look at the strength of the provider network, it may be better to pay more for a more robust network.
by book lover
Tue May 15, 2018 2:24 pm
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 9908

Re: Yes, I'm 89 all right!

Thank you Mr Bogle for doing so much for so many. Happy Birthday to you sir!
by book lover
Fri May 11, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: IRS tax form [Rejected as photocopy, signature must be in blue ink]
Replies: 41
Views: 3314

Re: IRS tax form [Rejected as photocopy, signature must be in blue ink]

Reminds me of when I would make a copy of my documentation with a signature and I would have to feel for the indentations on the paper from the signature to know which was the original.
by book lover
Sun May 06, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16554

Re: most compelling TV character ever

Rod Serling: Submitted for your approval.
by book lover
Sat May 05, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: How much should I save or would be available for health care in retirement?
Replies: 43
Views: 4276

Re: How much should I save or would be available for health care in retirement?

Having a Medigap plan with traditional Medicare makes more sense to me because the network would be much broader than an Advantage plan. For example, we live near Cleveland Clinic which is not covered in the majority of Advantage plans but is covered under traditional Medicare.
by book lover
Fri May 04, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: Article about new Medicare cards coming soon to a mailbox near (some of) you
Replies: 9
Views: 1219

Re: Article about new Medicare cards coming soon to a mailbox near (some of) you

On a recent podcast I listened to on Social Security numbers, they said that we still had quite a ways to go before we run out of numbers and that the government was considering starting back at the beginning and reissuing old number when that happened.
by book lover
Wed Apr 25, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Building a New Home (Talk me out of it!)
Replies: 61
Views: 4748

Re: Building a New Home (Talk me out of it!)

My wife and I used to watch a show on HGTV called Dream Home. In every show, the people went over budget by 50%. Great example of wants and needs getting mixed up.
by book lover
Sun Apr 22, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: Medical alert "button"
Replies: 34
Views: 2055

Re: Medical alert "button"

With their permission, have you considered installing Nest cameras or something similar in their home to be able to check on them? This could supplement the medical alert button.
by book lover
Fri Apr 20, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Applying for ACA ? [Colorado]
Replies: 17
Views: 1588

Re: Applying for ACA ?

When looking at your choice of plans, pay close attention to your network. In my part of Ohio, there was only one insurance company that was not a narrow Medicaid like plan as Anthem dropped out last year.
by book lover
Fri Apr 20, 2018 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Financial planners [looking for one]
Replies: 30
Views: 2420

Re: Financial planners [looking for one]

Even if you decide to use a financial planner, I would read the Wiki and post your questions here. The collective intelligence of this group of people is off the charts.
by book lover
Fri Apr 20, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 5128

Re: Factor in evaluating Physicians

The incessant drug company advertising on T.V. gets my goat, my family Doc getting donuts or lunch not at all.
by book lover
Sat Apr 14, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE
Replies: 46
Views: 9241

Re: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE

What books are you currently reading? Do you use an e reader such as a Kindle?
by book lover
Sat Apr 07, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 4787

Re: What is Megacorp?

Megacorp used to be Ma Bell but now I equate to Big Pharma.
by book lover
Thu Apr 05, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: SPOT [Investing in Spotify]
Replies: 45
Views: 2702

Re: SPOT [Investing in Spotify]

If Spotify does well, it will be included in my index fund, if not, so it goes.
by book lover
Sat Mar 31, 2018 10:05 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 19250

Re: A lot of heavy hitters this morning

My impression of this Forum is that it was established by some very caring and knowledgeable people that wanted to help people with the financial part of their lives.People that post are from a wide variety of circumstances. The wealth of knowledge that is given freely here I will always be grateful...
by book lover
Sat Mar 31, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 6856

Re: KF Annual Expense Based Personal Finance Strategy

Great points and counterpoints.The model put forth by KlangFool has much merit.
by book lover
Mon Mar 19, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE
Replies: 46
Views: 9241

Re: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE

Who were your role models growing up and who do you admire today?
by book lover
Sat Mar 17, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: Got a Question for the Experts Panel at the Bogleheads Conference?
Replies: 19
Views: 5486

Re: Got a Question for the Experts Panel at the Bogleheads Conference?

What are your thoughts on a medigap plan and being on traditional Medicare versus a Medicare Advantage Plan at age sixty five?
by book lover
Tue Mar 13, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 9114

Re: Would YOU retire

Since your spouse is a P.T., have you considered instead of part time having her work self employed/ independent contractor. Many benefits to that including being able to control your MAGI so as to be able to qualify for A.C.A. and be able to get health insurance for less money in premiums. In addit...
by book lover
Thu Feb 22, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance when retiring or self employed before Medicare age?
Replies: 30
Views: 3035

Re: Health insurance when retiring or self employed before Medicare age?

Semi retired at age fifty five: Have used self employment income and deductions to get MAGI to lowest level and still qualify for A.C.A. For spouse and myself, premiums have increased from $147 per month in 2014 to 2018 premiums of $672 per month. Of the four choices of insurance companies in my par...
by book lover
Thu Feb 22, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 38917

Re: What UN-frugal thing do you do?

All things Apple and a new luxury car for my wife every ten years.
by book lover
Mon Feb 12, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: how did you determine your risk tolerance?
Replies: 138
Views: 8309

Re: how did you determine your risk tolerance?

When the stock market dropped in 2008, we were at 50/50 stocks to bonds and I never did rebalance. After much deliberation in the proceeding years, my wife and I decided that we did not have a large need so down went the allocation of stocks to 30%. Overly conservative? Probably but that was where o...
by book lover
Sat Feb 10, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: Financially secure, horrible workplace but just can't FIRE
Replies: 55
Views: 7752

Re: Financially secure, horrible workplace but just can't FIRE

Time has become more valuable than money. Why are you spending your time that way?
by book lover
Sat Jan 27, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: Robert Shiller: Stock Market Like 1928
Replies: 57
Views: 6943

Re: Robert Shiller: Stock Market Like 1928

Stick to your plan, stay the course, no one has a crystal ball.
by book lover
Thu Jan 18, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 8680

Re: Short Commute or Nicer House?

Think of it this way: The number of minutes that you save not driving are multiplied daily then over the course of a year becomes time that can go towards other things that are more important. The happiness literature frequently mentions longer commute times as a source of unhappiness with the sweet...
by book lover
Fri Jan 12, 2018 1:43 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 5223

Re: Almost a pathological fear of debt, to my detriment?

Debt is compounded interest in reverse. If you can avoid it except for a mortgage, I say that there is nothing wrong with that philosophy.
by book lover
Tue Jan 09, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Early Retirement Incentive Plan is generating paranoia in a co-worker
Replies: 47
Views: 6055

Re: Early Retirement Incentive Plan is generating paranoia

There is a fascinating book you may want to read called the Psychology of Rumor. My takeaway from that book was that the more important the subject the more rumors would be generated. They studied what went on in WW2 with regards to the creation of rumors.
by book lover
Sat Jan 06, 2018 11:41 am
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 8805

Re: Misuse of adverse when averse was meant

This reminds me of the debates that were had when the Bible was written and people who were editing a particular passage that they did not agree with would cross it out and change the wording or when the people that write dictionaries come to decide on what words should be added or subtracted.An int...
by book lover
Thu Jan 04, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Two vastly different career considerations...Stability vs. Income
Replies: 67
Views: 4868

Re: Two vastly different career considerations...Stability vs. Income

Remember reading that if you lasted two years in insurance sales you were golden, could you wait and begin to learn all you can about becoming a person that would be in the top one percent of sales people? Brain Tracy would be a very useful resource: his stuff is awesome.
by book lover
Thu Jan 04, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Financial checkup - just found out pregnant
Replies: 22
Views: 2148

Re: Financial checkup - just found out pregnant

Congratulations on your upcoming baby! Given your income levels, have you looked into umbrella insurance? This increases your auto and homeowner's liability and can be set at one to five million dollars.
by book lover
Wed Jan 03, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 123
Views: 14164

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

Pareto Principle: 80/20 rule, amazing how many things it can be applied to.
by book lover
Wed Jan 03, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 8565

Re: What strategy do you use to reduce sequence of returns risk in retirement?

Two books that I would highly recommend: Living Off Your Money: The Modern Mechanics of Investing During Retirement with Stocks and Bonds by Michael H. McClung and How Much Can I Spend in Retirement? : A Guide To Investment - Based Retirement Income Strategies by Wade D Pfau.
by book lover
Wed Jan 03, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking we are close to winning the game
Replies: 40
Views: 7590

Re: Thinking we are close to winning the game

You have many different funds. Can you simplify and reduce overlap? We use Vanguard Total Bond Market and Vanguard 500 Index and Vanguard Short Term Corporate Bond Index to park reserve cash. We agree with John Bogle regarding not needing International funds.
by book lover
Sun Dec 31, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 6517

Re: What is your threshold for paying down debt?

In 1990, my wife and I purchased our house for $81,000 in a low cost of living area. After reading the book The Debt Squeeze by Ron Blue, I thought it would be prudent to pay it off which we were fortunate to do in four years. Since that time, no debt. In addition, after attending college, before be...
by book lover
Fri Dec 15, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: For those in retirement, how close is your post retirement spending to your pre-retirement estimate?
Replies: 26
Views: 2879

Re: For those in retirement, how close is your post retirement spending to your pre-retirement estimate?

My wife and I have tracked our expenses for twenty seven years and each year we have had an average inflation rate of 1.5%. Since semi retirement, things have changed very little except our health insurance premium has went up substantially in order to get a decent network under an A.C.A. plan. In t...
by book lover
Thu Dec 14, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help with ACA problem
Replies: 10
Views: 1480

Re: Help with ACA problem

My suggestions would be for her to track her income from the beginning of year so as know where she stands at all times. Perhaps she could pick up some other work in the beginning of the year to supplement what she is already doing and get ahead of the number that she will need to meet the income re...
by book lover
Sat Dec 09, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: GPS tracker for loved one w Alzheimer’s
Replies: 21
Views: 1493

Re: GPS tracker for loved one w Alzheimer’s

There are also shoes that you can purchase that have a GPS tracker in them.
by book lover
Sat Dec 09, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage instead of buying bonds
Replies: 40
Views: 7328

Re: Paying off mortgage instead of buying bonds

My wife and I were fortunate to be able to pay off our mortgage early and the psychological benefits were wonderful.While doing the math is always important, there is something to be said for the feelings of security you derive from paying off early. Finally, you may want to evaluate the impact of t...
by book lover
Sat Dec 02, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: bitcoin - is there any real value here or is it a pure Ponzi scam?
Replies: 236
Views: 23185

Re: bitcoin - is there any real value here or is it a pure Ponzi scam?

If it is being used on the dark web as a medium of purchase, it is not something that I would be interested in being involved with when it comes to investing: the Vanguard 500 Index suits me just fine.