Search found 1073 matches

by friar1610
Mon Feb 19, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Creating My Index Portfolio
Replies: 17
Views: 1179

Re: Creating My Index Portfolio

JoeRetire wrote:
Mon Feb 19, 2018 5:54 pm
You have $130k that has been sitting in cash for 10 years. Why?
The poster is looking for assistance going forward and seems to have come up with a sensible (and very Bogleheadish) plan. Does it really matter why he did what he did in the past?
by friar1610
Fri Feb 16, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Vacation in May. Boston, Martha's Vineyard, Ogunquit (cancelled Bar Harbor)
Replies: 25
Views: 1664

Re: Vacation in May. Boston, Martha's Vineyard, Bar Harbor

Just make sure you check out the distance/driving time from Boston to Bah Habah so you allow plenty of driving time. The NH-Maine state line isn't very far from Boston but once you get into Maine you still will have a long haul ahead of you. Maine is bigger than many people realize. But Acadia is we...
by friar1610
Sun Feb 04, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 37
Views: 2874

Re: New Subaru Outback vs. used Volvo XC-70

I'm a Volvo guy. We picked up our 2017 V60 in Sweden last year. I love the safety features. The Blind spot indicator is just right. I hate the one in Mrs Scraprs Rav4. The lane departure is super. Just a little jiggle to the steering wheel. The Adaptive cruise is great too. Especially in stop & go ...
by friar1610
Sun Feb 04, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 37
Views: 2874

Re: New Subaru Outback vs. used Volvo XC-70

OP here. Thanks to all for the helpful comments/suggestions/opinions. My wife and I went to the Volvo dealer on Fri to check out, as a few had suggested, the XC60. It's just not what we're in the market for. We looked again at the V60 and even took it for a spin. We left thinking that maybe it's not...
by friar1610
Sun Feb 04, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: Cheapest funeral options
Replies: 40
Views: 3019

Re: Cheapest funeral options

For those who are honorably discharged Veterans (and their spouses), you can be buried in a National cemetary or have ashes in a columbarium (parhaps at Arlington national cemetary). I have checked out the Massachusetts National Cemetery on Cape Cod, about 45 minutes from where I live. It's very ni...
by friar1610
Sat Feb 03, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 37
Views: 2874

Re: New Subaru Outback vs. used Volvo XC-70

I'm curious about pricing. It seems like Subaru Outbacks sell for a minimum of 8% off MSRP. Doesn't sound like much to me. How about the Volvo? I dunno. Haven't looked beyond MSRPs yet (to get an idea of relative prices of various makes). First step is to figure out what kind of car I really want. ...
by friar1610
Fri Feb 02, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: All In Vanguard, Or Not?
Replies: 18
Views: 2007

Re: All In Vanguard, Or Not?

If he is so prescient he must have invested that way himself. I'm sure he'd be happy to show you his personal statements as an example of the fantastic returns that you, too, can enjoy if you put your fortunes in his capable hands.
by friar1610
Thu Feb 01, 2018 8:51 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 37
Views: 2874

Re: New Subaru Outback vs. used Volvo XC-70

What about a CPO XC60? RM Had wanted more of a wagon type than an SUV. But I took a closer look at the XC60 (2018) on-line earlier today. They look really nice. I know the 2018s are a new generation so I'll take a closer look at what the difference is between them and the 2017 and earlier. It's pre...
by friar1610
Thu Feb 01, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 37
Views: 2874

Re: New Subaru Outback vs. used Volvo XC-70

I'm curious about pricing. It seems like Subaru Outbacks sell for a minimum of 8% off MSRP. Doesn't sound like much to me. How about the Volvo? I dunno. Haven't looked beyond MSRPs yet (to get an idea of relative prices of various makes). First step is to figure out what kind of car I really want. ...
by friar1610
Wed Jan 31, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 37
Views: 2874

Re: New Subaru Outback vs. used Volvo XC-70

If I did a lot of highway driving with kids, Volvo. If I had to get around in the snow a lot, Subie. Otherwise, I’d consider a Toyota Highlander or Honda Pilot. Thank you. To amplify my OP: 1. I'm 72; kids are not a factor. Probably won't be in the future either. 😉 2. Snow: yes. I live in New Engla...
by friar1610
Wed Jan 31, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 37
Views: 2874

New Subaru Outback vs. used Volvo XC-70

I currently drive a 2005 Volvo XC-70 wagon, bought as a CPO in 2006 (with 20K miles). It's at about 150K miles now and I'm getting a hankering to replace it. Right now my two top choices are a new 2018 Subaru Outback, probably a Limited and, if I can find one, a low-mileage 2016 Volvo XC-70, probabl...
by friar1610
Sun Jan 28, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Flagship? [T. Rowe Price retirement funds]
Replies: 27
Views: 3093

Re: Flagship? [T. Rowe Price retirement funds]

As a Vanguard Flagship customer, I am heavily invested in their flagship fund, the S&P 500 Index fund. :beer
by friar1610
Fri Jan 26, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Have you ever acted on an instinct like this?
Replies: 30
Views: 3315

Re: Have you ever acted on an instinct like this?

FrankLUSMC wrote:
Tue Jan 23, 2018 2:36 pm
bottlecap wrote:
Tue Jan 23, 2018 1:40 pm
Yes. I pulled out to late and got back in too late.

JT
Ha HA, sounds like an erotic joke, won't go into here. LOL :sharebeer
You can always count on a Marine! 😬
by friar1610
Fri Jan 26, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax - Download?
Replies: 7
Views: 402

Re: Turbo Tax - Download?

jehovasfitness wrote:
Fri Jan 26, 2018 1:24 pm
You can go on Amazon and download the software instead of physical CD.
I was doing a little surfing last night to try to find a good price on TT (I use Deluxe). It looked like a download version was $10 more than a CD version. Is that the price for instant gratification, I wonder?
by friar1610
Tue Jan 23, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: Why hold total bond market fund when 7 year CDs yield more?
Replies: 21
Views: 2611

Re: Why hold total bond market fund when 7 year CDs yield more?

It doesn't have to be bond funds OR CDs. Why not bond funds AND CDs? Both fit in the FI category yet each has slightly different set of pros and cons.(And I-Bonds could also be added to the mix.)
by friar1610
Mon Jan 22, 2018 9:32 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 6372

Re: Work-out schedule for those in 60s

72 and a recovered runner. (Stopped about 5 years ago after doing it regularly for 40 years or so.) Now go to spinning classes 2x weekly (those are my "hard" cardio days.) A couple of times a week I do my moderate cardio: a one hour workout consisting of (1) 10 minute warmup walk on treadmill with i...
by friar1610
Tue Jan 16, 2018 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 4027

Re: Umbrella Policy - 1M or 2M

I had this question a few years ago and called my insurance company (USAA) to find out the additional cost. They showed me that, by increasing the liability coverage on the underlying policies (auto, homeowner, etc.) to $1m each and retaining the $1m umbrella, I could have the same result - $2m of ...
by friar1610
Mon Jan 15, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 4027

Re: Umbrella Policy - 1M or 2M

I had this question a few years ago and called my insurance company (USAA) to find out the additional cost. They showed me that, by increasing the liability coverage on the underlying policies (auto, homeowner, etc.) to $1m each and retaining the $1m umbrella, I could have the same result - $2m of l...
by friar1610
Mon Jan 15, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2739

Re: Do people in the forum hold foreign bonds?

I hold no foreign bonds. Previous posters who don't have stated a number of objections to them that I agree with. But from the reading I've done on the subject, I simply don't see a strong case for them. I'm a 72 yo retiree with a target of 55%-60% fixed income and cash. Also a target of 25% of my e...
by friar1610
Fri Jan 12, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Senior seeking info about obtaining mortgage for condo purchase
Replies: 10
Views: 745

Re: Senior seeking info about obtaining mortgage for condo purchase

Just a heads-up that obtaining a mortgage for a condo is a little more complex than for a single residence. You need to provide more documentation to the lender and the down payment may be higher. (This may well vary by lender.) We considered a mortgage for our condo but ultimately paid cash. Avoidi...
by friar1610
Wed Jan 10, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: I'm Simply Not on the Same Plane As You
Replies: 25
Views: 4592

Re: I'm Simply Not on the Same Plane As You

I'm 72; spouse a year younger. Right now we have adequate pension/SS income to have a choice with our portfolio. Either keep it somewhat conservative since we don't have to swing for the fence to live comfortably. Or, be more aggressive in an attempt to build up the port for the kids/grandkids/chari...
by friar1610
Tue Jan 09, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: How to learn creative writing?
Replies: 23
Views: 1362

Re: How to learn creative writing?

My daughter is a published novelist. She: - wrote stories when she was a little kid - took honors English courses in HS - majored in English in college - got an MA in English - started working as a magazine copy editor (which, I take it, is where English majors go to get their feet in the publishing...
by friar1610
Tue Jan 09, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Men's no iron dress shirt recommendations
Replies: 66
Views: 4152

Re: Men's no iron dress shirt recommendations

LL Bean for solid-color oxfords. Their heavy weight ones have excellent fabric and survive many washings. +1 I'm retired so I don't wear a dress shirt that often. I have 3 or 4 of the L.L. Bean shirts and love them. I can wear one out to dinner on Sat night, again to church the next day, to a conce...
by friar1610
Mon Jan 08, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: Recommendations for 72 hours in Dublin, Ireland
Replies: 27
Views: 1313

Re: Recommendations for 72 hours in Dublin, Ireland

I was just there in Nov. (3rd time). I'm a big fan of both Irish history and Irish pubs/music. (Of course, In my early 70s, I'm not doing much step dancing these days. :beer ) Someone earlier mentioned EPIC, the (relatively new) emigration museum. Well worthwhile. There is an exhibit/museum at the G...
by friar1610
Fri Jan 05, 2018 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 4153

Re: Downsizing to one car in retirement...

72/71 in burbs. Have 2 cars now. She goes to yoga and I go to gym in AM (opposite directions). Probably could make it work with one but would be a PITA and there's no financial need to do so. Will probably buy a new intermediate sized car in the spring. If she wants to drive it she can and I'll take...
by friar1610
Wed Jan 03, 2018 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Living Trust - Will
Replies: 55
Views: 4231

Re: Living Trust - Will

Why do some consider it so important to have assets, particularly houses, pass via trusts rather than via a will and probate? I ask this not as a challenge but simply for information. The attorneys we dealt with for our last 3 wills (occasioned by moves to different states) seemed to think a trust ...
by friar1610
Wed Jan 03, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Living Trust - Will
Replies: 55
Views: 4231

Re: Living Trust - Will

Why do some consider it so important to have assets, particularly houses, pass via trusts rather than via a will and probate? I ask this not as a challenge but simply for information. The attorneys we dealt with for our last 3 wills (occasioned by moves to different states) seemed to think a trust w...
by friar1610
Sat Dec 30, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: How much to contribute to DAF this year: impact of future QCD
Replies: 14
Views: 840

Re: How much to contribute to DAF this year: impact of future QCD

Don't have a DAF and don't want one. (Vanguard's minimum is too high; I could work with Fidelity's minimum but don't want to open an account with another provider). As an alternative I did some extra year-end donations via transfer of appreciated ETF shares. The major charity agreed to treat the co...
by friar1610
Fri Dec 29, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much to contribute to DAF this year: impact of future QCD
Replies: 14
Views: 840

Re: How much to contribute to DAF this year: impact of future QCD

Don't have a DAF and don't want one. (Vanguard's minimum is too high; I could work with Fidelity's minimum but don't want to open an account with another provider). As an alternative I did some extra year-end donations via transfer of appreciated ETF shares. The major charity agreed to treat the con...
by friar1610
Fri Dec 29, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Donating shares from Vanguard
Replies: 17
Views: 1081

Re: Donating shares from Vanguard

I checked my account this morning and it appears the transfer I mentioned several posts above did get completed in time for a 2017 deduction. I faxed both the VG form and the form from the charity to a number my Flagship rep had given me (484-582-4544). I called once in the interim to ensure everyth...
by friar1610
Thu Dec 28, 2017 5:46 pm
Forum: Investing - Theory, News & General
Topic: VBTLX in taxable or IRA account confusion
Replies: 9
Views: 741

Re: VBTLX in taxable or IRA account confusion

May never apply to you but... If you'll come upon a time when you are forced to sell investments in a taxable account for living expenses, they may affect you tax-wise in unexpected ways. Specifically, selling stocks with significant capital gains might seem like no big deal if you are under a thre...
by friar1610
Thu Dec 28, 2017 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Investing at Age of 78
Replies: 7
Views: 1301

Re: Investing at Age of 78

Have you considered the Target Retirement Income Fund (30/70 stocks/bonds) or either the Conservative Growth or Income versions of the Life Cycle family (40/60 and 20/80, respectively)? Any of these would be conservative, self-managing and would avoid the 30 basis point annual fee for VG professiona...
by friar1610
Wed Dec 27, 2017 12:07 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Benefit
Replies: 3
Views: 701

Re: Navy Federal CU Benefit

Wow - thanks. Edited to update: Talked to NFCU and learned that I apparently used a .25% 25 year bonus in the past for a CD. I have two CDs set to roll over to NFCU's current 15 month 2.25% CD offering in 4 more days. BUT, this 50 year .5% bonus is not good on rollovers. I would have to let those CD...
by friar1610
Tue Dec 26, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: NavyFed IRA CDs: 32-months 2.75% APY
Replies: 24
Views: 2276

Re: NavyFed IRA CDs: 32-months 2.75% API

Big fan and longtime member of NFCU here. But I like their previously announced 15 mo. 2.25% deal better. With rates potentially rising, tying the money up half as long with close to the same rate is more attractive to me. Of course it's a perfectly valid choice to keep your term risk less in retur...
by friar1610
Mon Dec 25, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: NavyFed IRA CDs: 32-months 2.75% APY
Replies: 24
Views: 2276

Re: NavyFed IRA CDs: 32-months 2.75% API

239 people clicked on this message but nobody has responded. Is the silence a sign of agreement? Or 2.75% for 32 months is not good enough? Victoria Big fan and longtime member of NFCU here. But I like their previously announced 15 mo. 2.25% deal better. With rates potentially rising, tying the mon...
by friar1610
Mon Dec 25, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: NavyFed IRA CDs: 32-months 2.75% APY
Replies: 24
Views: 2276

Re: NavyFed IRA CDs: 32-months 2.75% API

239 people clicked on this message but nobody has responded. Is the silence a sign of agreement? Or 2.75% for 32 months is not good enough? Victoria Big fan and longtime member of NFCU here. But I like their previously announced 15 mo. 2.25% deal better. With rates potentially rising, tying the mon...
by friar1610
Mon Dec 25, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Donating shares from Vanguard
Replies: 17
Views: 1081

Re: Donating shares from Vanguard

I donated by transferring MF shares to a specific charity's VG account for a number of years. It was a burdensome process that involved my filling out a form, sending it to the charity so they could certify that they'd accept the shares, then having the charity send it on to VG for execution. The ye...
by friar1610
Mon Dec 25, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 109
Views: 7762

Re: Will you donate less to Charity?

No, I will not donate less to charity. For the past 10 years or so I made my largest annual charitable deduction via the transfer of appreciated MF or ETF shares directly to the charity. Earlier this yeat I decided to try using a QCD since I am now taking RMDs that I don't really need for living exp...
by friar1610
Fri Dec 22, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone here purchased a home for cash (no mortgages)?
Replies: 39
Views: 3941

Re: Has anyone here purchased a home for cash (no mortgages)?

Hello, Wondering if anyone here has purchased a home with cash, without signing up for a mortgage. If so, what are your experiences with the decision afterwards, has it 1)increased the amount you can save each month, over the long term as well (since one is not paying the interest on mortgages)? 2)...
by friar1610
Fri Dec 22, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 21365

Re: Do you see a meaningful change in your income with new Tax Bill?

The calculator says we'll save $400-$500 in taxes. Retired 72/71. Income will increase by the amount of the SS/military pension inflation adjustments. And by any increased dividends on our VG holdings. Will no longer itemize but that will only be a $3000 advantage from current deductions. Marginal b...
by friar1610
Thu Dec 21, 2017 6:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 169
Views: 44237

Re: Vanguard's Wellesley Income fund is incredible

Boy - I am really torn. All of our IRAs are in Total Bond fund and I want to add just a wee slice of equities (but not so much that our overall AA is thrown out of kilter and not make things too complicated for my wife to deal with if I depart first). The two things I have under consideration are: ...
by friar1610
Thu Dec 21, 2017 5:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 169
Views: 44237

Re: Vanguard's Wellesley Income fund is incredible

Boy - I am really torn. All of our IRAs are in Total Bond fund and I want to add just a wee slice of equities (but not so much that our overall AA is thrown out of kilter and not make things too complicated for my wife to deal with if I depart first). The two things I have under consideration are: ...
by friar1610
Thu Dec 21, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 169
Views: 44237

Re: Vanguard's Wellesley Income fund is incredible

Boy - I am really torn. All of our IRAs are in Total Bond fund and I want to add just a wee slice of equities (but not so much that our overall AA is thrown out of kilter and not make things too complicated for my wife to deal with if I depart first). The two things I have under consideration are: -...
by friar1610
Wed Dec 20, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: A meal with friends yields a financial revelation
Replies: 95
Views: 11996

Re: A meal with friends yields a financial revelation

Time Lord,

Nice post. I guess we have achieved sufficient abundance to be at the 3rd level you mention. Still live reasonably frugally day-to-day (more out of habit and predisposition than necessity) but don't hesitate to splurge for a reunion with old friends, a special occasion or a trip.
by friar1610
Tue Dec 19, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: going to cash w present instability
Replies: 62
Views: 9834

Re: going to cash w present instability

It is difficult to find an overall safer investment than Vanguard’s Target Retirement Income mutual fund. Somewhere earlier in the thread the OP alluded to a 20/80 allocation. If the TR Income fund is "too aggressive" at 30/70 be aware that in the Life Strategy family of Vanguard balanced funds the...
by friar1610
Sat Dec 16, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: Is 120 months of expenses in Fixed Income plus 100/0 a viable long term allocation?
Replies: 42
Views: 1893

Re: Is 120 months of expenses in Fixed Income plus 100/0 a viable long term allocation?

TomatoTomahto wrote:
Sat Dec 16, 2017 11:05 am

If, having won the game, you obsess over 50/50, or should it be 30/70, or perhaps 70/30, or what should my rebalancing strategy be, etc., then you’re missing the best part of the victory. Wheeee!

🍅🍅
I really like this.
by friar1610
Fri Dec 15, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: When do I sign up for Tricare-For-Life?
Replies: 2
Views: 367

Re: When do I sign up for Tricare-For-Life?

Friends, I will be turning 65 in a few months and I have a quick question about signing up for Medicare and Tricare-For-Life. I assume I sign up for Medicare first during the initial enrollment period (earliest is 3 months prior to age 65, latest is 3 months after and not including the month I turn...
by friar1610
Fri Dec 15, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: QCDs under proposed tax bill?
Replies: 4
Views: 545

QCDs under proposed tax bill?

Has anyone seen any authoritative articles regarding the likely treatment of QCDs from IRAs under the proposed tax legislation? I have not heard this mentioned nor could I find anything in doing a search.
by friar1610
Fri Dec 15, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Active Duty Military Bereavement Leave?
Replies: 16
Views: 1371

Re: Active Duty Military Bereavement Leave?

OrderAndChaos wrote:
Fri Dec 15, 2017 10:11 am
Emergency leave does not cover the death of a grandparent, unless they are considered in loco parentis.
Ah ha; did not realize (or had otherwise forgotten) that. Thanks.
by friar1610
Fri Dec 15, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Active Duty Military Bereavement Leave?
Replies: 16
Views: 1371

Re: Active Duty Military Bereavement Leave?

no there's no bereavement leave in the military. it's just charged as normal leave, not nonchargeable leave. Unless things have changed, it's classified as "emergency leave". As you correctly point out, emergency leave is charged against one's regular leave benefit. But the designation of "emergenc...