Search found 3765 matches

by itstoomuch
Sat Apr 29, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: When to consider Long Term Care Insurance
Replies: 28
Views: 1633

Re: When to concider Long Term Care Insurance

IMO, early 50s. If there are no disabilitaing conditions, ie mental illness, diabetes, muscular, skelator disqualification. BUT, AFAIK, LTCi has not required genetic testing?¿? When we purchased ours early 2000s (our early 50s), the cost of waiting X years became cost prohibitive. YMMV. YMMV. & ...
by itstoomuch
Fri Apr 28, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Utilities??
Replies: 11
Views: 614

Re: Investing in Utilities??

I did along with my smallish local. Dropped VPU because it held all the big utilities with their problems in coal ash pits, nucleur issues, distribution issues, and they just got diversified into areas that dilute their original core premise of being a utility. VPU some small entities that are reall...
by itstoomuch
Thu Apr 27, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: Should we treat investors' tolerance for volatility as fixed?
Replies: 86
Views: 2405

Re: Should we treat investors' tolerance for volatility as fixed?

Very few BH reveal their age and ~FundingRatio. Most BH posts I tend to ignore unless I have a "fair" idea in where they are coming from and "fair" idea where they want to be. :annoyed I avoid giving advice because my "fair" is pretty narrow. :annoyed Our core FundingRa...
by itstoomuch
Thu Apr 27, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Best strategy for retaining tenants?
Replies: 30
Views: 1958

Re: Best strategy for retaining tenants?

Our first tenant was MD & big 4-CPA couple, new to Seattle. Ideal location for them. But obviously they had the income to buy from saving $$$ in renting. We financed their purchase. :oops: :annoyed This couple is charmed. We took possession in mid-October (previous owner had it listed for 60 da...
by itstoomuch
Wed Apr 26, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 42
Views: 3696

Re: Does Portfolio Size Influence Stock/Bond Allocation?

Size is not relevant. We have far less than you. Our needs are modest. I Designed a liability matching portfolio (LMP, see Bill Bernstein) in 2008, using SS +small pension, investment accounts and deferred GLWB annuities. The annuities have a guaranteed minimum benefit which I figured would be enoug...
by itstoomuch
Wed Apr 26, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best strategy for retaining tenants?
Replies: 30
Views: 1958

Re: Best strategy for retaining tenants?

Our first tenant was MD & big 4-CPA couple, new to Seattle. Ideal location for them. But obviously they had the income to buy from saving $$$ in renting. We financed their purchase. :oops: :annoyed
by itstoomuch
Wed Apr 26, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9240

Re: Why are pensions revered, but annuities reviled?

Made an account just to ask this. Not sure I saw an answer to this that made sense to me so far. But how is a pension not the same as buying a deferred annuity with a loan and working/paying it off over the course of 20 years (or until the annuity kicked in)? This is how I see a pension anyhow, I w...
by itstoomuch
Tue Apr 25, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good long term care policy?
Replies: 11
Views: 637

Re: Is this a good long term care policy?

Keeping ours.
Spouse doesn't want to care for me at her expected age. I know that I probably can't care for her, even if she'll let me.
We don't want to burden our Only.
We don't expect Only's spouse to do it.
We cared for 4 family members but we were in our 60's and good health. Not easy emotionally.
by itstoomuch
Tue Apr 25, 2017 6:13 pm
Forum: Personal Consumer Issues
Topic: $300+ to remove a racoon. Really?
Replies: 83
Views: 4490

Re: $300+ to remove a racoon. Really?

My farmer friend does $60 for setting up gopher traps and $30 per gopher. I've spent a few hours and $20. I think I got 'em :twisted:
But I expect them to return since them gophers attack in waves. :annoyed
IMO, $300 for a coon is fair.
by itstoomuch
Tue Apr 25, 2017 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8485

Re: Why is Real-Estate so Bad?

Personally, Tomer, I view most if, not all investing as an "at Risk business"; That includes IRAs and non retirement accounts. Which is better or worse is unknown. I mostly want to keep my options open for any use of my money. Probably why I/We have a diversified portfolio in "stuff&q...
by itstoomuch
Tue Apr 25, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

@ ron,
me too. I 'd look long and hard at SPIAs in today's environment. In 2008, when I was looking the rates (58/61) were not attractive given that we were near a Market trough.
Ymmv
by itstoomuch
Tue Apr 25, 2017 12:51 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

Too much hindsight is also depressing. Thus behavior economics says that most of us oughta do so me hedging by doing "some of this and some that", and keeping their "options open". YMMV That's why neither I nor anyone that I've seen on this forum ever recommended that anyone go ...
by itstoomuch
Tue Apr 25, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

^you may think differently when you are older, gone thru a couple of flocks of black swans, and develop life shortening diseases. :annoyed
Y :beer mmv
by itstoomuch
Mon Apr 24, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

Too much hindsight is also depressing.
Thus behavior economics says that most of us oughta do so me hedging by doing "some of this and some that", and keeping their "options open".
YMMV
by itstoomuch
Mon Apr 24, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

You sound old. :oops: What I mean is that you sound closer to or in retirement. Many BH are tech heads and need detailed information decades before their actual needs. The variation of outcomes could make their outcomes meaningless. :annoyed For instance, if one has a SPIA and then gets a cancer dia...
by itstoomuch
Mon Apr 24, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

^ that is a given. Thought questions.
OP, some $$ into SPIA. Laddered and in geometric if you can.
BTW, how old are you, Ralph124f?
and WillThrill81, how old are you? Please, hopefully not, 35-37?
by itstoomuch
Mon Apr 24, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 8485

Re: Why is Real-Estate so Bad?

It's "bad" because, it's bad.
Some one is going to make money on that badness. :oops: :annoyed :mrgreen: :moneybag
by itstoomuch
Sun Apr 23, 2017 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest now for child's downpayment 20y years hence?
Replies: 5
Views: 768

Re: How to invest now for child's downpayment 20y years hence?

We did UGMA. Took massive student loans 2002-2006 when student loan interest was 4.5% declining to 1% to preserve remaining UGMA in aftermath of Tech Bubble and 9/11. Still have some $40,000 outstanding. But, there was some $20k-$30k in the UGMA that DS assumed at 23. He's pretty frugal and had stea...
by itstoomuch
Sun Apr 23, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

^ maybe today 2017, but in 2008-2012 purchase looks pretty good in relation to our gains and guarantees. And exceedingly good if the SPY establishes a mode of low growth, (4 real, 5-6 nominal) comes true. Have you seen this Michael Kitces analysis of a 2009-purchased VA with GLWB rider? It may not ...
by itstoomuch
Sun Apr 23, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

^ so what about the Deferred GLWB VA of Vanguard/TransAmerica? :?: Our non VG, dGLWB VA, said that the GLWB withdrawal satisfies RMD. Since our withdrawal rate is 5%, I figure that I can wait till ~75-76 (old rough calculations) to tap into the Discretionary IRA. Our GLWB FIa has a withdrawal rate o...
by itstoomuch
Sun Apr 23, 2017 1:03 am
Forum: Personal Consumer Issues
Topic: Alaska cruise advice
Replies: 30
Views: 1847

Re: Alaska cruise advice

Nice day in Seattle. Very little rain. :D
Visiting son in Seattle. We're from wetter Oregon. :oops:
by itstoomuch
Sun Apr 23, 2017 12:47 am
Forum: Personal Consumer Issues
Topic: Alaska cruise advice
Replies: 30
Views: 1847

Re: Alaska cruise advice

Spend an extra day or two, three. in Seattle or Vancouver before embarking. After Debarking, visit Portand and Columbia Gorge for 2 days.
by itstoomuch
Sat Apr 22, 2017 10:14 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

OP, back to your original question. If I was to buy a SPIA, today, I put them ( always ladder and by in smaller lots, and geometric amounts) I put them in a traditional IRA, IF they are RMD friendly. Because in my case, I am perfectly happy with a 3.5% RMD. Anything beyond 3.5% would go into a taxab...
by itstoomuch
Sat Apr 22, 2017 9:53 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

^ maybe today 2017, but in 2008-2012 purchase looks pretty good in relation to our gains and guarantees. And exceedingly good if the SPY establishes a mode of low growth, (4 real, 5-6 nominal) comes true. ¿What is important is that nothing is static. What was a good deal then may not be a good deal ...
by itstoomuch
Sat Apr 22, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9240

Re: Why are pensions revered, but annuities reviled?

Not all of us can get TIAA-CREF or a PER' s tier 1 plan. I had to buy one when I participated in the great meltdown of 2007-2009 on the verge of retirement. So how much did you worry in this time frame? :annoyed
by itstoomuch
Sat Apr 22, 2017 6:21 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

A little more of 3.5% in total fees. Includes death benefit, option to exit this annuity for another annuity, fund fees, guaranty fees,GLWB fee, and Guaranteed income option fee. Currently appears to be worth the expense. Whether we will leave more to our heirs using this method is TBD :annoyed :oop...
by itstoomuch
Sat Apr 22, 2017 5:31 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

We did our deferred annuities in qualified IRA accounts :D :mrgreen: :greedy :greedy :greedy The OP is talking about SPIA's, not deferred annuities. By the way, why would you put a deferred annuity in an IRA wrapper when the taxation in the IRA is already tax deferred? Gill It's still an annuity. T...
by itstoomuch
Sat Apr 22, 2017 4:40 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

:greedy We did our deferred annuities in qualified IRA accounts :D :mrgreen: :greedy :greedy :greedy The OP is talking about SPIA's, not deferred annuities. By the way, why would you put a deferred annuity in an IRA wrapper when the taxation in the IRA is already tax deferred? Gill It's still an ann...
by itstoomuch
Sat Apr 22, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: Location of SPIAs, which account?
Replies: 54
Views: 2589

Re: Location of SPIAs, which account?

We did our deferred annuities in qualified IRA accounts :D :mrgreen: :greedy :greedy :greedy
by itstoomuch
Sat Apr 22, 2017 1:56 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 320
Views: 16019

Re: I don't understand the case for EE bonds

^ only if it makes sense.
No bonds in our current mix. Holding extraordinary amount of cash.
YMMV
by itstoomuch
Sat Apr 22, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9240

Re: Why are pensions revered, but annuities reviled?

Dottie, interest rates may be changing in the near future. The Annuity Shoppers Guide is inrformative on all forms of annuities. Note the rates graphs of SPIAs. Those who bought early ( T.L.) got a much better deal than someone of the same age today.. our deferred GLWB, high fee'd variable and fixed...
by itstoomuch
Sat Apr 22, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9240

Re: Why are pensions revered, but annuities reviled?

For us, it was a matter of timing, deRisking, and recognizing a good offer.
See signature line below and what it implies.
Very important that YMMV. :oops: :shareholders
by itstoomuch
Sat Apr 22, 2017 8:39 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 320
Views: 16019

Re: I don't understand the case for EE bonds

Nice, You are correct.^ But in 1985, Bogle was barely known and Reagan had the backing of the people. Our 6% bonds was competitive to CDs although we didn't get a toaster. And it was the toaster that eventually killed the S&Ls in the late 1980s. Today the bond market is easily understood and bou...
by itstoomuch
Sat Apr 22, 2017 12:56 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 320
Views: 16019

Re: I don't understand the case for EE bonds

We market time getting in 1985-87. We market timed in getting out 2004-06. :oops: You gotta learn to recognise good values. :greedy YMMV Ok have this thread bookmarked. It's now bookmark removed. :) For this who don't have me on ignore, obviously a silly comment; We bought a bunch of EE , laddered ...
by itstoomuch
Fri Apr 21, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 6483

Re: Larry Swedroe : Integrated Investment Plan

We took the attitude that LTCi would pay part of the total care expenses; for that person in LTC; best assumed scenario, 2002(?): SS check would go to LTC. LTCi would pay its amount. Personal funds from retirement accounts next. Personal investment accounts for that person would be used last. Assump...
by itstoomuch
Fri Apr 21, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Automatic Increase Benefit Rider
Replies: 3
Views: 448

Re: Automatic Increase Benefit Rider

I'd listen to spouse. :oops:
YmarriageMV :annoyed
by itstoomuch
Fri Apr 21, 2017 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Grandparent's Variable Annuity and Edward Jones
Replies: 9
Views: 1545

Re: Grandparent's Variable Annuity and Edward Jones

So, What is the current Account balance and the interest account balance? What is the credited interest rate? Got a recent statement, should be obtainable online. :annoyed
by itstoomuch
Thu Apr 20, 2017 10:52 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 320
Views: 16019

Re: I don't understand the case for EE bonds

We market time getting in 1985-87.
We market timed in getting out 2004-06.
:oops:
You gotta learn to recognise good values. :greedy
YMMV
by itstoomuch
Thu Apr 20, 2017 10:04 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 6483

Re: Larry Swedroe : Integrated Investment Plan

^ in current dollar$ or future inflated dollar$. :confused
by itstoomuch
Thu Apr 20, 2017 9:51 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 6483

Re: Larry Swedroe : Integrated Investment Plan

We are traveling on the Amtrak Coast Starlight, heading North to Seattle. About 80minutes late, just below Olympia, WA. We're retired and the seats are fine. Got nothing to do but make comments. Thx for, Random Walker's cite, integrated investment plan , by L. Swedrow. Apparently I think like Swedro...
by itstoomuch
Thu Apr 20, 2017 5:16 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe : Integrated Investment Plan
Replies: 35
Views: 6483

Re: Larry Swedroe : Integrated Investment Plan

@ CyclingDuo, YMMV on LTCi.
We had a salesman who answered our questions. We bought in our early 50s when this insurance segment was pushing LTCI. If you have ever visited a LTCi facility or cared for a loved one, Only then will you understand Its value.
by itstoomuch
Thu Apr 20, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: AXA index-linked deferred variable annuity
Replies: 12
Views: 984

Re: AXA index-linked deferred variable annuity

OP, We did protect a good portion of retirement assets beginning in Nov 2008, after seeing -40% in balanced funds. See notes below. We may not see all of a Market rise but definitely won't see any Market falls. The annuities, rental, SS, and small pension is for Income not for investments. The Discr...
by itstoomuch
Thu Apr 20, 2017 12:25 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 35095

Re: Larry Swedroe says "Goodby."

I will say that when got started, the worst advice I got was in ~1974, "invest in money market funds". That free advice was from older bro, newly minted PhD, at FRBNY. The best advice was from my supervisor who was working part-time with Waddell. He showed us, the Rule of 72 and Dollar Cos...
by itstoomuch
Wed Apr 19, 2017 6:45 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 7831

Re: Mens Blue Jeans - What are we buying now?!

Wrangler, regular fit. At Fred Meyer around Thanksgiving to Christmas when on sale. The heavy duty deniem was saved by legs from the chain saw more than once :oops: . I need to order some chaps :idea: :annoyed YMMV Yup - I bought a pair of Husqvarna chaps after chain sawing a hole in my jeans. high...
by itstoomuch
Tue Apr 18, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 82
Views: 6506

Re: Did anything surprise you in your 2016 taxes?

Wife's teeth. Her bite is now is as bad as her bark. Lots of medical deductions :oops: :annoyed :|
Ymmv :? :mrgreen:
by itstoomuch
Tue Apr 18, 2017 6:30 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 7831

Re: Mens Blue Jeans - What are we buying now?!

Or LEE Brand. Heavy deniem.
by itstoomuch
Tue Apr 18, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 7831

Re: Mens Blue Jeans - What are we buying now?!

Wrangler, regular fit. At Fred Meyer around Thanksgiving to Christmas when on sale.
The heavy duty deniem was saved by legs from the chain saw more than once :oops: . I need to order some chaps :idea: :annoyed
YMMV
by itstoomuch
Tue Apr 18, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for UTMA Account
Replies: 3
Views: 222

Re: Advice for UTMA Account

Seems to be a very shortterm EE bond to have matured in just 10 years. :?:

Go to advanced search