Search found 52 matches

by book lover
Fri Sep 15, 2017 11:59 am
Forum: Investing - Theory, News & General
Topic: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think
Replies: 49
Views: 5426

Re: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think

When the crash came in 2008/2009, we were down 17%. When things began to normalize, my wife and I decided that our asset allocation to stocks needed to go lower which we did. In retrospect, had we stayed where we were at our net worth would be more but we certainly sleep better at night and are not ...
by book lover
Fri Sep 15, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: 1st medical bill, already overdue and threaten to send to collection
Replies: 30
Views: 2679

Re: 1st medical bill, already overdue and threaten to send to collection

Seems to me that people should be informed and give consent prior to being billed if their insurance company will not be paying , sounds like common sense to me.
by book lover
Thu Sep 14, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: The true cost of Luxury
Replies: 32
Views: 3540

Re: The true cost of Luxury

From hunter gatherer to the iPhone X, quite the journey.
by book lover
Thu Sep 14, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 93
Views: 9240

Re: The 10 year car ownership "rule"

There seems to be so many variables to buying a car that a ten year rule may not apply plus Bogleheads would seem to be outliers when it comes to this type of decision.Commute time, number and age of people riding in vehicle, highway vs street driving, SUV versus buying a lighter vehicle and technol...
by book lover
Thu Sep 14, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 5436

Re: Paying off debt vs. max savings

I have always viewed debt as a squeeze which we were blessed to be able to rid ourselves of early in my career. Another way to look at it is as negative compounding that the sooner you can get on the positive side of things the better. My earliest thinking about this was influenced by the author Ron...
by book lover
Tue Sep 12, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Negotiating with Charter/Spectrum
Replies: 10
Views: 844

Re: Negotiating with Charter/Spectrum

Spectrum was tough to negotiate with so I used BillFixers and they were able to get my cable/internet bill down by $10 half of which I split with them but hey five bucks a month is better than nothing.
by book lover
Tue Sep 12, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Feeling guilty for buying a new iPad pro
Replies: 30
Views: 2179

Re: Feeling guilty for buying a new iPad pro

Bought the original iPad pro with the larger screen which has been hijacked by my wife ( actually I did not like the larger screen) and ended up buying the newest version with the 10.5 inch screen which I have very much enjoyed.
by book lover
Tue Sep 12, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8077

Re: When calculating net worth, how do you value your house?

We do it both ways: however, our house is a small percentage of overall net worth so it does not change the numbers much.
by book lover
Wed Sep 06, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 156
Views: 9060

Re: Companies/Brands You Love?

P.B.S.
Apple
Trader Joes
Bose
Dove Soap
Dawn Dish Soap
Spotify
New York Times and Wall Street Journal Digital Editions
Economist
Public Library
BMW
Giant Eagle Grocery Store
Gillette Disposable Razors
Edge Extra Moisturizing Shaving Gel
Glide Floss
Pella Windows and Sliding Glass Door
by book lover
Wed Sep 06, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate -> 2% or lower
Replies: 72
Views: 7553

Re: Safe Withdrawal Rate -> 2% or lower

So Google has a project to allow people to live to five hundred years old. Guess it will not be too long before the advent of five hundred year bonds and safe withdrawal rates infinitesimally low.
by book lover
Wed Sep 06, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8285

Re: Protecting moms assets from nursing home expenses

Speak to an Elder Law attorney who can guide you and your mom through these issues.
by book lover
Wed Sep 06, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: Did Charmin UltraSoft TP become "UltraThin"?
Replies: 61
Views: 3646

Re: Did Charmin UltraSoft TP become "UltraThin"?

Where's Mr Whipple when we really need him?
by book lover
Thu Aug 31, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: How do you reverse a lifetime of frugality and learn to spend some money?
Replies: 59
Views: 6199

Re: How do you reverse a lifetime of frugality and learn to spend some money?

Buy experiences not things for greater happiness, however, we humans suffer from hedonic adaptation which is that no matter how good our life is or becomes we tend to get used to it. Say you win seven hundred million dollars: once you get used to that level of money your overall happiness will not d...
by book lover
Tue Aug 29, 2017 7:22 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 7985

Re: Relative angry I will not co-sign

"Neither a lender nor a borrower be." When an individual is not responsible, to bail them out teaches them that the behavior was OK. If the person has an expectation that you will enable them and you will not , then the problem is all his not yours.Tough love teaches that people have to take ownersh...
by book lover
Sat Aug 19, 2017 7:10 am
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 81
Views: 5277

Re: Home Page Updated

Love the new look, thanks for all the work you do LadyGeek as well as all the other moderators!
by book lover
Fri Aug 18, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: WSJ - ... Stop Index Trackers [from] Eating the Economy
Replies: 23
Views: 3065

Re: WSJ - ... Stop Index Trackers [from] Eating the Economy

Interesting that Vanguard is taking in about 80% of the new money being invested: what gets rewarded gets reinforced.
by book lover
Wed Aug 16, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 22
Views: 2652

Re: bitcoin makes you rich

Data mining, excuse the pun, at its finest.
by book lover
Mon Aug 14, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 124
Views: 8403

Re: Bitcoin

Tulips anyone?
by book lover
Mon Aug 14, 2017 9:17 am
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 9366

Re: When does renting make sense

As I remember, in the book The Richest Man In Babylon it is recommended " own your own domicile." That always struck me as good advice.
by book lover
Fri Aug 11, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: "The Simple Path to Wealth" -- A Gem
Replies: 30
Views: 11140

Re: "The Simple Path to Wealth" -- A Gem

Great recommendation.Thank you Taylor.
by book lover
Wed Aug 09, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 6111

Re: What is an appropriate lower risk asset allocation once one has "won the game"

Lots of interesting ideas posted.We like 30% equity/70% bonds.When the topic turns to inflation, I only consider our personal inflation rate which we track on a yearly basis which has averaged about 1.5% over the past twenty five years. That is one of the advantages to living in a low cost of living...
by book lover
Mon Jul 31, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should I purchase Lake House for Primary
Replies: 25
Views: 2813

Re: Should I purchase Lake House for Primary

Emerson said that the closest way we can experience God is to through nature and while my wife and I do not live on a lake we do live on a wooded lot that we very much enjoy for the nature and privacy it affords. Living on a lake sounds like a very good thing.
by book lover
Fri Jul 28, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: "What Every Investor Should Know About Mutual Funds"
Replies: 8
Views: 1741

Re: "What Every Investor Should Know About Mutual Funds"

There never seems to be a top ten list for the lowest expense ratios.
by book lover
Wed Jul 26, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: Anyone else extremely frugal?
Replies: 100
Views: 8516

Re: Anyone else extremely frugal?

During the last twenty seven years we have been married, my wife and I have used a ledger to track our expenses. In terms of expenses, seventy percent are fixed and thirty percent are discretionary. This has roughly stayed the same , however, I would say that while not frugal we are careful about wh...
by book lover
Thu Jul 20, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Paid off the Mortgage!
Replies: 73
Views: 5432

Re: Paid off the Mortgage!

Congratulations that is great long term thinking.
by book lover
Thu Jul 20, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: When to stop being "concerned"
Replies: 27
Views: 5517

Re: When to stop being "concerned"

Fear and worry being wired into our brains protected us from predators. No more saber tooth tigers but instead major market drops to react to with our responses to loss twice as strong as ones we have to gain. Reading about uncertainty, randomness and cognitive biases still did not help me as much a...
by book lover
Thu Jul 20, 2017 9:12 am
Forum: Personal Consumer Issues
Topic: Keurig vs coffeemaker - and the Keurig won
Replies: 53
Views: 3906

Re: Keurig vs coffeemaker - and the Keurig won

We use a Keurig but buy our single serve cup supplies at Ollie's Bargain Outlet which lowers overall price of the coffee and we are happy with the taste. In our more frugal days, we would use each one twice to lower the use price.
by book lover
Tue Jul 18, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 12285

Re: Books not to read.

Any get rich quick book which is written for the author to get rich and the readers not so much.
by book lover
Sun Jul 16, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10663

Re: % bogleheads of overall population

Remember reading that one out of twenty people would retire financially independent. While those people are not all Bogleheads, many of them probably follow the principles talked about on this forum.
by book lover
Tue Jul 11, 2017 3:38 pm
Forum: Personal Consumer Issues
Topic: Alternative to Bose Wave?
Replies: 8
Views: 1121

Re: Alternative to Bose Wave?

You may want to consider a streaming service. I use Spotify and stream the music from my iPad to a Bose Soundlink Mini which is portable and can be carried from room to room. The speaker produces great sound and you may be surprised to find that most if not all of your C.D.s are available via stream...
by book lover
Mon Jul 10, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: early retirement, asset location
Replies: 9
Views: 1164

Re: early retirement, asset location

You also have to consider your Required Minimum Distribution from a traditional IRA at age seventy and a half which would be a major factor if all of your assets were in that type of IRA. In that event, you would want to consider converting that money to a Roth before reaching RMD which then may hel...
by book lover
Mon Jul 10, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Completely New to Investing, Don't Know Where to Start
Replies: 9
Views: 637

Re: Completely New to Investing, Don't Know Where to Start

The Bogleheads wiki has excellent information on many different topics. Read a few of the suggested books and develop an understanding of the fundamentals of financial planning : asset allocation, importance of savings rate , importance of keeping your investment costs low , taking the long view , b...
by book lover
Thu Jul 06, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 10646

Re: Long term care insurance - is it worth it?

Many companies selling LTC policies have dropped out due to unexpected losses. When long term interest rates were higher, companies had a better hedge against costs but with interest rates being low that hedge has become much thinner.There was a rule of thumb that said if your assets exceeded 2 mill...
by book lover
Wed Jul 05, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: What are your health insurance stats?
Replies: 89
Views: 5538

Re: What are your health insurance stats?

Exchange Plan( Anthem)
Monthly premium two people: $392
Deductible per person: $200
Max out of pocket per person: $850
by book lover
Mon Jul 03, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Need help progressing in life after a massive setback
Replies: 35
Views: 6473

Re: Need help progressing in life after a massive setback

Have you considered a coding job? It is my understanding with an undergraduate degree there are coding bootcamps that are 18 months long that will help place you in a well paying coding job. Since that is not my line of work, others may have more insights into doing something like this...
by book lover
Sat Jul 01, 2017 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Question
Replies: 8
Views: 766

Re: Health Insurance Question

It is difficult to estimate what costs for health insurance will be until a resolution in Washington takes place. Best to estimate on the high side as it is a trend for deductibles and out of pocket expenses to be increasing.
by book lover
Fri Jun 30, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard recommended Retirement allocation too simple?
Replies: 70
Views: 6826

Re: Vanguard recommended Retirement allocation too simple?

" Simplicity is the ultimate sophistication" Leonardo Da Vinci.
by book lover
Tue Jun 27, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - Got a Question for Jack?
Replies: 52
Views: 11319

Re: Q&A WITH JACK BOGLE - Got a Question for Jack?

Since Mr Bogle is a hero to people here on Bogleheads, I was wondering who his heros were ?
by book lover
Mon Jun 26, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2587
Views: 817829

Re: What Book Are You Currently Reading? Part VI

American Kingpin: The Epic Hunt For The Criminal Mastermind Behind Silk Road by Nick Bilton The Long Haul: A Trucker's Tales Of Life On The Road by Finn Murphy Cattle Kingdom: The Hidden History Of The Cowboy West by Christopher Knowlton Dinner With DiMaggio: Memories Of An American Hero by Rock Pos...
by book lover
Sat Jun 17, 2017 8:59 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 14402

Re: Anyone else gotten totally bored with investing?

Not exactly bored but have slowed down on how often I track everything from monthly to quarterly.This forum is fascinating in that it brings so many interesting details and varied points of view on investing. However, the guiding principles such as stay the course would suggest a certain lower risk ...
by book lover
Tue Jun 06, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: "Why Your Investment Strategy Should Fit on an Index Card"
Replies: 17
Views: 3464

Re: "Why Your Investment Strategy Should Fit on an Index Card"

To paraphrase Leonardo da Vinci, simplicity is the ultimate sophistication.
by book lover
Tue Jun 06, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: How does a mere mortal navigate healthcare/insurance issues
Replies: 50
Views: 5151

Re: How does a mere mortal navigate healthcare/insurance issues

In An American Sickness, Elisabeth Rosenthal recommends writing on form that you sign agreeing to payment : I only agree to pay in network providers any care delivered by out of network providers will not be paid should you need emergency services. This sounds reasonable to me.
by book lover
Sun Jun 04, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: Shiller: Stock market will rise 50 percent
Replies: 27
Views: 4379

Re: Shiller: Stock market will rise 50 percent

" It's tough to make predictions, especially about the future" attributed to Yogi Berra. Words to the wise.
by book lover
Sat May 27, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2587
Views: 817829

Re: What Book Are You Currently Reading? Part VI

Everybody Lies: Big Data, New Data, And What The Internet Can Tell Us About Who We Really Are by Seth Stephens-Davidwitz Astrophysics For People In A Hurry by Neil DeGrasse Tyson And Then You're Dead: What Really Happens If You Get Swallowed By A Whale, Are Shot From A Cannon, Or Go Barreling Over N...
by book lover
Wed May 24, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 107
Views: 14504

Re: i am my own "guy," but not sure I should advertise that

Generally when someone asks I tell them about the importance of asset allocation and controlling costs and recommend Vanguard as a great company. Most people do not follow through on the advice save for a few. Financial planning is a long game and requires changes in the way people behave and think.
by book lover
Tue May 16, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 39913

Re: Regret early retirement/downsizing

Semi-retired at 55. Worked in healthcare where I felt frustrated with not having enough time for patients. Best decision ever to have more time with my wife and in realizing that time is our most valuable asset. As for downsizing, we try to simplify our life wherever possible.
by book lover
Wed May 10, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2587
Views: 817829

Re: What Book Are You Currently Reading? Part VI

Shadow Country by Peter Matthiessen which David Milch is reportedly turning into a series for HBO and The Hidden Life of Trees by Peter Wohlleben.
by book lover
Wed May 10, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 6026

Re: What newspaper or magazine do you pay for?

New York Times and the Wall Street Journal.