Search found 581 matches

by invst65
Mon Jul 09, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"
Replies: 58
Views: 6557

Re: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"

I read articles just like this one before buying my house in March of 2006. Actually, I even remember reading that there was no such thing as a housing bubble.

According to Zillow my house still isn't worth what I paid for it 12 years ago so I guess they were wrong.
by invst65
Fri Jul 06, 2018 12:59 pm
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 42
Views: 2898

Re: Tire experts? Can I trust a patched tire?

On several occasions I have patched tires myself that the tire shop wouldn't patch because they said the hole was too close to the sidewall. Never had a problem with any of them.
by invst65
Fri Jul 06, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Is there a way to add a missing expense transaction in Personal Capital?
Replies: 3
Views: 342

Re: Is there a way to add a missing expense transaction in Personal Capital?

When I say "add," I mean manually adding an expense transaction to the system. I think you are going to have to give a better definition of "missing expense transaction". If it's missing from one of your online accounts that is being monitored then getting it fixed at the source of the problem stri...
by invst65
Mon Jul 02, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 185
Views: 18688

Re: The Power of Working Longer

It's surprising, but 20% of American men age 65 don't survive to age 74. Keep that in mind when you consider whether it's worthwhile to keep working in order to pad a '30 year' retirement. It may be, and it may not. It's a very personal decision. Thanks for this. In our elusive pursuit of "safety" ...
by invst65
Mon Jul 02, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5307

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

You got that right! And the strange thing is that it seems the more expensive the hotel is to start with, the more fees they have. Just booked a room in Banff at the Fremont for $450/night because it was the only thing available. But then there was a resort fee, parking fee, and even a fee to use t...
by invst65
Sun Jul 01, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5307

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

You got that right! And the strange thing is that it seems the more expensive the hotel is to start with, the more fees they have. Just booked a room in Banff at the Fremont for $450/night because it was the only thing available. But then there was a resort fee, parking fee, and even a fee to use t...
by invst65
Sun Jul 01, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5307

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

Most hotels have all kinds of fees and taxes as well that easily add 30% to the price. You got that right! And the strange thing is that it seems the more expensive the hotel is to start with, the more fees they have. Just booked a room in Banff at the Fremont for $450/night because it was the only...
by invst65
Sun Jul 01, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12845

Re: What are your property taxes?

In NJ (Monmouth County), my taxes are ~$10,000/yr. I was recently hit with a $2,000 increase in 2017. In NJ, there is a law on the books that the "rate" can only increased no more than 2% annually without special approval by the state. However, in my area they actually re-accessed the land and stru...
by invst65
Fri Jun 29, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6772

Re: Does It Make Sense to Wait to Claim SocSec?

Do you contribute to a 401k? If so, could eliminating your contribution help solve your cashflow problem? We're in the same boat as you, except that it is my wife who is still working (17 years younger). I've been retired for about 2 years now and I'm delaying SS until 70 (next year) even though it ...
by invst65
Sat Jun 23, 2018 11:01 am
Forum: Personal Consumer Issues
Topic: Washer Dryer Deals
Replies: 7
Views: 582

Re: Washer Dryer Deals

Anyone know what the best deal is to get on washer/dryers? Upcoming 4th of July? I learned from the salesman when we bought our set back in January that there really is no point in shopping around for a "deal" on new appliances any more. All of the sellers keep an eye on the other's prices and if o...
by invst65
Sat Jun 23, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: When you cut spending, what do you cut?
Replies: 84
Views: 8452

Re: Retirees: When you cut spending, what do you cut?

I was probably spending around $3k per year on beer. Cutting it out not only helps the budget but has other benefits as well.
by invst65
Thu Jun 21, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 32144

Re: What is/ was your career and would you recommend it now?

Although I had lots of fancy titles along the way I was basically a computer programmer for over 40 years. Rather than being a conscious career choice it was something I just stumbled into. When I came home from Vietnam and was discharged from the military I applied for unemployment benefits and bac...
by invst65
Tue Jun 19, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: MIL passed- question about her Social Security
Replies: 22
Views: 2690

Re: MIL passed- question about her Social Security

No, he can't collect both SS checks. Only one, unfortunately.

He should be eligible for widow benefits as early as age 60. I don't think her (would be) age has any relevance.

Not an expert on these things but somebody will surely correct me if I am wrong.
by invst65
Mon Jun 18, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: Is individual Bonds better than Bond Fund?
Replies: 32
Views: 2326

Re: Is individual Bonds better than Bond Fund?

I mostly buy individual bonds and although I don't want to wade into an argument about which is better, one thing I will say is that, in my experience with Fidelity, buying individual bonds is not difficult at all. And there are no fees involved. Having said that, Suzie Orman isn't someone I would l...
by invst65
Mon Jun 18, 2018 9:01 am
Forum: Investing - Theory, News & General
Topic: Should I worry about taxation of seller's accured interest in buying tbills?
Replies: 2
Views: 333

Re: Should I worry about taxation of seller's accured interest in buying tbills?

Seems to me a simple calculation of proceeds upon redemption minus cost basis just like any other transaction. Don't see how they could screw it up.

I Don't know about Schwab but I buy T-bills all the time on Fidelity and never had a problem.
by invst65
Thu Jun 14, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 663
Views: 153187

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

It's also amazing to me how people flock to the PP with such enthusiasm as a panacea during crisis.. and now a few years later there are almost no adherents. I am very interested in seeing whether there will be a similar change in the other direction during the next bear market. That says a lot abo...
by invst65
Wed Jun 13, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Late to the party, looking for some advice
Replies: 18
Views: 2301

Re: Late to the party, looking for some advice

You're not as late as I was. I had a small amount invested at age 50 but all hell broke loose when my first wife died of cancer. Got remarried about 5 years later with practically nothing left in the portfolio. Retired two years ago at age 67 with a 1 million dollar portfolio. My final salary was on...
by invst65
Tue Jun 12, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 663
Views: 153187

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

...One thing I've noticed about most discussions of the permanent portfolio is that they almost always get reduced to a discussion about the wisdom of holding gold in a portfolio, not whether the whole portfolio works or not... That's because, if you look at my chart, compared to a traditional port...
by invst65
Tue Jun 12, 2018 9:44 am
Forum: Personal Consumer Issues
Topic: Question on applying for SS benefits
Replies: 16
Views: 1576

Re: Question on applying for SS benefits

I assume you waited until you were 70 to maximize your monthly benefit. Hope you specified that you did not want retroactive benefits since SSA will often issue 6mo retro benefits which will reduce the monthly benefits to age 69.5. Is that what you meant by “with issues “? Yup. As a "for example." ...
by invst65
Mon Jun 11, 2018 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: 401k for me and my spouse
Replies: 3
Views: 259

Re: 401k for me and my spouse

If all you want to do is minimize the fees then it seems to me that simple math would tell you to maximize your 401k contribution first and then put the rest in your wife's. The fact that she has no match makes it even simpler.
by invst65
Mon Jun 11, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Very Basic 401k question
Replies: 7
Views: 546

Re: Very Basic 401k question

I don't think anybody can answer this because it depends on your plan. Would be a great question for somebody in HR. I feel your pain on the Wells Fargo options because the company I retired from used them originally when I started working there. They eventually switched to Vanguard which was a lot ...
by invst65
Mon Jun 11, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 663
Views: 153187

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Mixing one’s politics ( the seeming - and only - basis for owning gold) with investing doesn’t necessarily lead to an optimal outcome. One can own gold for non-political reasons. See the Golden Butterly portfolio at Portfolio Charts for an example. Just so. One thing I've noticed about most discuss...
by invst65
Mon Jun 11, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Question on applying for SS benefits
Replies: 16
Views: 1576

Re: Question on applying for SS benefits

I assume you waited until you were 70 to maximize your monthly benefit. Hope you specified that you did not want retroactive benefits since SSA will often issue 6mo retro benefits which will reduce the monthly benefits to age 69.5. Is that what you meant by “with issues “? Yup. As a "for example." ...
by invst65
Sun Jun 10, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 663
Views: 153187

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

I'm very curious to know how many people on this forum still use the Permanent Portfolio strategy. Given its defensive nature, it's apparent that it becomes popular during 2008-style crashes but loses popularity in the depths of bull markets like we have today. It seems it takes quite a bit of emot...
by invst65
Sun Jun 10, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: Question on applying for SS benefits
Replies: 16
Views: 1576

Re: Question on applying for SS benefits

Is there any reason not to apply earlier rather than later during the four-month application window before your benefits start? https://www.ssa.gov/benefits/retirement/ Thanks for pointing me to the horse's mouth instead of AARP. No reason at all not to apply 4 months early. I will remark my calend...
by invst65
Sun Jun 10, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: Question on applying for SS benefits
Replies: 16
Views: 1576

Question on applying for SS benefits

I read the following on the AARP website... Regardless of how old you are, the agency generally recommends that you apply three months before you would like the first payment to arrive. You'll be asked to provide a series of original documents such as birth records, marriage certificates, military r...
by invst65
Sun Jun 10, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: What does "tap into" the Social Security trust fund mean?
Replies: 29
Views: 2384

Re: What does "tap into" the Social Security trust fund mean?

As I was getting near retirement I calculated that if I delayed my SS benefits until 70 (next year), there would be a shortfall in income from only my wife's earnings. So I built up a fund to cover it, mostly in the form of T-Bills which I am now tapping into on a monthly basis. The SS trust fund so...
by invst65
Thu Jun 07, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help picking funds
Replies: 8
Views: 642

Re: Help picking funds

Maybe it's just me but I think ALL of those ER's are outrageous - and with another $325 yearly fee on top of it?

https://www.betterment.com/resources/tr ... nse-ratio/

I would move the 401k to either Fidelity or Vanguard.
by invst65
Wed Jun 06, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: WSJ:Social Security Expected to Dip Into Its Reserves This Year
Replies: 61
Views: 3243

Re: Social Security crossover point has arrived

If the 21% reduction in 2034 was a certainty, I wonder how that would affect the calculations used to figure optimal claiming strategies. Nobody ever seems to take it into account, as though it were a certainty not to happen. I, myself, am delaying until 70 (next year) while foregoing 3 years of ben...
by invst65
Tue May 08, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new car or buying used car
Replies: 91
Views: 5465

Re: Buying new car or buying used car

My mother-in-law, who used to live with me once upon a time, went shopping for a used car with my (now deceased) wife despite my advice to wait until I could go with them when I wasn't so busy at work. They returned home with a 2 year old car, bragging about what a good deal they got, and when I che...
by invst65
Fri May 04, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 8491

Re: Bucket List Adventures/Activities

Try to avoid kicking the bucket too soon but don't stress out about it. It will come soon enough.
by invst65
Mon Apr 30, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless Investor - Seeking Advice/Help
Replies: 3
Views: 534

Re: Clueless Investor - Seeking Advice/Help

You have a 4.5% interest saving account? Where in the heck did you get that? Can you transfer all the money into that account? If you can't I would never pay anyone .9% to manage anything. If this is short term money as it seems to be under the circumstances you described and you can't put it in the...
by invst65
Mon Apr 30, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: credit score questions
Replies: 13
Views: 686

Re: credit score questions

I once wrote software to scan credit reports to produce credit scores and I can't even answer your questions. I was handed algorithms and I programmed them but I often questioned what the logic was. I just did it and collected my paycheck. I also questioned how accurate those scores were - even in a...
by invst65
Mon Apr 30, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: On the topic of foreign bonds
Replies: 2
Views: 307

Re: On the topic of foreign bonds

The only bonds I hold in my portfolio are those issued by the U.S. government. And I don't buy funds. I buy them directly. My reasoning is that if I am going to buy a bond backed by nothing more than the "full faith and credit" of some government entity I want it to be my own government. They at lea...
by invst65
Sat Apr 28, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Home reroofing
Replies: 4
Views: 1062

Re: Home reroofing

I just got a new shingle roof in Florida, so I can't contribute on the price of a cement tile roof. My company had done several in my neighborhood in two or three days. They took two weeks on my home because they got behind schedule. Things I wish I had known beforehand: 1. The crew did not speak E...
by invst65
Sat Apr 28, 2018 2:57 pm
Forum: Personal Consumer Issues
Topic: Home reroofing
Replies: 4
Views: 1062

Re: Home reroofing

I have a shingle roof in Tampa so I can't help you with the price. I paid $8500 to replace it a couple of years ago.

But I can tell you that I also took time off to oversee the project and it didn't do any good because none of the workmen spoke English.
by invst65
Wed Apr 25, 2018 9:35 pm
Forum: Personal Consumer Issues
Topic: New car pickup today.
Replies: 48
Views: 3451

Re: New car pickup today.

Once I show up, I tell them, "no upsells, especially on extended warranties or I'll walk out" When you read advice from people who know the car industry they always tell you that you need you to be ready to walk away from any deal you aren't comfortable with. Personally, I've found that easier said...
by invst65
Wed Apr 25, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 1290

Re: Is this ESPP worthwhile?

8-) sorry - I didn't mean to sound so harsh....and as Nate pointed out - my "thousands" was a bit of an exaggeration (although it is over a thousand). "No worries", as I heard all the time in Australia when I went there last year. I guess maybe it's the same as "no problem" as we would say here in ...
by invst65
Wed Apr 25, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: New car pickup today.
Replies: 48
Views: 3451

Re: New car pickup today.

Once I show up, I tell them, "no upsells, especially on extended warranties or I'll walk out" When you read advice from people who know the car industry they always tell you that you need you to be ready to walk away from any deal you aren't comfortable with. Personally, I've found that easier said...
by invst65
Wed Apr 25, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 1290

Re: Is this ESPP worthwhile?

My wife had a plan with a former employer that was nearly identical . Compared to most ESPP's I've had access to I thought it was a pretty crappy deal. We tried it for one cycle but decided it wasn't worth it after that. Especially didn't like that the contributions just sat there doing nothing - a...
by invst65
Wed Apr 25, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: New car pickup today.
Replies: 48
Views: 3451

Re: New car pickup today.

Bought a Honda CRV in March and got the high pressure sales pitch for the extended warranty. IMO, this is perhaps the number one thing that makes the car buying experience so unpleasant. You agree to a price for the car and then you are required to sit and talk to a manager so they can try to squeez...
by invst65
Wed Apr 25, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 1290

Re: Is this ESPP worthwhile?

My wife had a plan with a former employer that was nearly identical. Compared to most ESPP's I've had access to I thought it was a pretty crappy deal. We tried it for one cycle but decided it wasn't worth it after that. Especially didn't like that the contributions just sat there doing nothing - an...
by invst65
Mon Apr 23, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 1290

Re: Is this ESPP worthwhile?

My wife had a plan with a former employer that was nearly identical. Compared to most ESPP's I've had access to I thought it was a pretty crappy deal. We tried it for one cycle but decided it wasn't worth it after that. Especially didn't like that the contributions just sat there doing nothing - and...
by invst65
Sun Apr 22, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 315
Views: 48371

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Decided to check the oil on my 1.5 months old 2018 CRV this morning after reading this thread. It has 2100 miles on it and the oil looks as normal as it could be. As for a gas smell, with some amount of gas-dilution being normal, it's hard to know what would smell abnormal. For those of you have sme...
by invst65
Fri Apr 20, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 32991

Re: KF's simple rules to achieve FI

KlangFool wrote:
Fri Apr 20, 2018 4:23 pm
1) The goal is Financial Independence. It is not retirement. Hence, a person may choose to work, not work, or spend more money, or do something in between.
It's hard for me to see the difference between being able to choose not to work and retirement - financially speaking.
by invst65
Fri Apr 20, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 97
Views: 11877

Re: New retirees: so whatdayathink ?

I see it often said that you need to retire to something, not from something. Or words to that effect. If think that is probably good advice for someone considering early retirement. I was ready and waiting for it, but at age 67 I was forced into retirement by my employer and as I was being shown o...
by invst65
Fri Apr 20, 2018 3:39 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 32991

Re: KF's simple rules to achieve FI

Rule #1 Save 1 year of your current annual expense every year. Then, you could be FI in about 25 years even with 0% real growth. Not sure how that works mathematically speaking. If I save my annual expenses every year for 25 years with 0% real growth (which I'm assuming you mean no ROI + no inflati...
by invst65
Fri Apr 20, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 315
Views: 48371

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I purchased a 2018 CR-V in March with the 1.5 L turbo. Wouldn't you know it, I found this thread about a week later. You and me both. I live in Florida so I'm hoping it's a cold weather problem as has been suggested. I did a lot of research before buying the CR-V and don't recall seeing anything ab...
by invst65
Fri Apr 20, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 97
Views: 11877

Re: New retirees: so whatdayathink ?

It's harder to catch a fish than I thought it would be. Sitting in front of a computer for over 40 years is hard on the body, making the goal of having a more active lifestyle in retirement a bit more of a challenge than anticipated. Other than that, I'm quite content. I turn 69 in a couple of month...
by invst65
Thu Apr 19, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Bill Bonner: what's your take?
Replies: 38
Views: 3731

Re: Bill Bonner: what's your take?

I am embarrassed to admit that Mr. Bonner once convinced me to sell all my stock. It started with an article on a website (Lew Rockwell), the gist of which was that you need to get all of your money out of the stock market right NOW! It wasn't just the article however. There was an email link that w...