Search found 976 matches

by lawman3966
Wed Feb 10, 2016 12:40 pm
Forum: Personal Consumer Issues
Topic: Failure to Credit Return of Internet Modem
Replies: 14
Views: 690

Re: Failure to Credit Return of Internet Modem

Did you get a receipt when you returned the modem? Yes. I got a receipt and dutifully stapled it to my last bill and filed it away, incorrectly believing that my Comcast issues were now closed. The receipt includes the return date, a brief sentence thanking me for returning the equipment, and the a...
by lawman3966
Wed Feb 10, 2016 3:16 am
Forum: Personal Consumer Issues
Topic: Failure to Credit Return of Internet Modem
Replies: 14
Views: 690

Failure to Credit Return of Internet Modem

As part of a recent move, I canceled my internet service and, as required, returned my internet modem to a local outlet of the mega-Cable company (Comcast) that provided the service and the modem that I'd rented. A week later, I got an auto-call from the company indicating a need to return the equip...
by lawman3966
Wed Feb 03, 2016 4:44 am
Forum: Investing - Help with Personal Investments
Topic: which ETF or ISHARE are the best performing for oil
Replies: 12
Views: 724

Re: which ETF or ISHARE are the best performing for oil

I find them to all be equally good. That is because I avoid buying any of them, and in the process avoid all of: (a) the possibility of a significant loss, given the volatility of commodity prices; (b) the trading costs arising from constantly attempting to time the market; and (c) the anxiety of fe...
by lawman3966
Tue Feb 02, 2016 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 6278

Re: EJones Advisor wants to talk!

The above posters have suggested a reasonable and responsible reply. If you want to be creative, you could offer to meet with him on the proviso that he listens to a pitch from you about your managing his retirement money by investing it with Vanguard. After all, if he's with EJ, he must subscribe t...
by lawman3966
Thu Jan 21, 2016 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software for Multiple Years and Multiple States
Replies: 1
Views: 181

Tax Software for Multiple Years and Multiple States

I'm new to using tax software and need features that most users may not request. I need to file returns for 2014 and 2015, both of which involve partial-year returns for multiple states. I would also like my tax software product to be able to effectively estimate my 2016 taxes (including Obamacare p...
by lawman3966
Thu Jan 21, 2016 5:29 am
Forum: Investing - Theory, News & General
Topic: It sure looks like a good time to invest in oil
Replies: 87
Views: 8600

Re: It sure looks like a good time to invest in oil

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” -- Warren Buffet It sure looks like oil stocks are on clearance now. For example, Vanguard Energy ETF (VDE) is down about 50% from the middle of 2014. I tend to be very disciplined with my 90 / 10 stocks / bonds AA. But what are...
by lawman3966
Wed Jan 20, 2016 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Fisher Investments?
Replies: 11
Views: 754

Re: Fisher Investments?

Don't walk, run. Also, don't give them your phone # unless you feel like getting a new one soon. Ditto that. I once gave them my tel # in order to get a free stock analysis of some sort. They then spam-called me for about two years. That put me off giving my phone number to any company, not just th...
by lawman3966
Wed Jan 20, 2016 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Eligibility documents for Obamacare premium tax credit
Replies: 13
Views: 820

Re: Eligibility documents for Obamacare premium tax credit

Though I don't know the details of how the bureaucracy works, personally, I would not ignore any paperwork requests/requirements. I am receiving a premium subsidy (apparently, what the above posters are calling an "advanced premium subsidy") on my ACA plan in WA state. A few weeks ago, I r...
by lawman3966
Tue Jan 19, 2016 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Do retirees care about their credit score?
Replies: 35
Views: 2336

Re: Do retirees care about their credit score?

In addition to the insurance references above, I'd add that a good credit score can be very helpful for anyone trying to rent a residence. Most B-heads are wealthier than average and don't need to worry about that. However, I currently share a residence, and having a good credit score is indispensab...
by lawman3966
Sat Jan 02, 2016 12:00 am
Forum: Personal Finance (Not Investing)
Topic: SIL looking at a MLM "opportunity" - how to protect her?
Replies: 18
Views: 2526

Re: SIL looking at a MLM "opportunity" - how to protect her?

I confess that I haven't heard this particular concern before. If fear of personal liability is the issue, the first item on the agenda would be get a qualified attorney to review any contracts carefully before signing them. After being laid off from a Fortune 500 company, my sister started doing ma...
by lawman3966
Wed Dec 30, 2015 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Disappointed with Vanguard account
Replies: 13
Views: 2167

Re: Disappointed with Vanguard account

I admit to being a little surprised that this situation would impose a significant impediment to your investing plans. I am also not surprised that this limitation exists. Do other mutual fund companies offer this capability? Why not just conduct the operations as separate transactions? This should ...
by lawman3966
Wed Dec 30, 2015 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Net Worth
Replies: 57
Views: 5982

Re: Net Worth

SO, the underlying question is "Is investing different for high net worth individuals?", or would someone with 2 million be served just as well with a 'simple' portfolio as someone with 10 grand? Does the high net worth investor have more concerns than the "average" investor? Ta...
by lawman3966
Tue Dec 29, 2015 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Fed retired, TSP to ROTH withdrawals possible?
Replies: 39
Views: 2251

Re: Fed retired, TSP to ROTH withdrawals possible?

I read the "Withdrawing Your TSP Account After Leaving Federal Service" and saw the verbiage on page 6 saying I could transfer monthly payments to an IRA IF my "payments were expected to last less than 10 years". Hummm..., I'm planning on payments lasting me the rest of my life ...
by lawman3966
Sat Dec 26, 2015 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Downsize my car to save money?
Replies: 30
Views: 2299

Re: Downsize my car to save money?

I mostly agree with the above, but wanted to chime in on one additional point. If you both sell the current vehicle and buy your next vehicle to/from dealers, I would expect that the transaction costs, including profit margin, licensing, titling, and taxes would come to at least $3K-4K. One poster s...
by lawman3966
Mon Dec 21, 2015 2:01 am
Forum: Personal Finance (Not Investing)
Topic: FIRECalc - Take Social Security Benefits Early is Better?
Replies: 51
Views: 3798

Re: FIRECalc - Take Social Security Benefits Early is Better?

Does this make sense to you? :confused Thank you. I noticed the same thing, and consequently enter my SS numbers starting at age 65, when using Firecalc. The great thing about SS, is that you can plan to start taking benefits at age 70, but later modify that decision should circumstances warrant. H...
by lawman3966
Fri Nov 13, 2015 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Sever ties with Edward Jones
Replies: 11
Views: 1089

Re: Sever ties with Edward Jones

You will not owe any tax if you transfer directly to a Vanguard Roth account. Could you clarify what you mean by a "redemption fee"? You should not have to pay taxes on dividends or capital gains for stock sold within a Roth account regardless of where the account is held. If by redemption...
by lawman3966
Fri Nov 13, 2015 1:59 pm
Forum: Personal Consumer Issues
Topic: How to sell exercise equipment?
Replies: 30
Views: 2082

Re: How to sell exercise equipment?

The sales price and concern about the potential buyers was one issue. However, since others have addressed these two, I wanted to address the moving/damage/insurance concern. A local fitness equipment store told me they would not pay more than $50 for the bike, making the trip to their store unprodu...
by lawman3966
Tue Aug 25, 2015 1:08 pm
Forum: Investing - Theory, News & General
Topic: Solo 401(k) question
Replies: 31
Views: 2241

Re: Solo 401(k) question

I hate to post another I-don't-know-the-answer reply, but feel that I have no choice. A few years ago, I needed to find out whether I could open a solo 401K based on having been paid with a 1099 form from a prior employer. I asked on several sites (possibly including this one - I can't recall) inclu...
by lawman3966
Mon Aug 03, 2015 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA Vs ACA after job loss and move
Replies: 38
Views: 2134

Re: COBRA Vs ACA after job loss and move

jalbert wrote:Moda health in Oregon.

-jalbert


Thanks.
Do you know if there's an equivalent to this in other states? The states of greatest interest in my case are Colorado and Washington.
by lawman3966
Fri Jul 31, 2015 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA Vs ACA after job loss and move
Replies: 38
Views: 2134

Re: COBRA Vs ACA after job loss and move

One thing that I have not seen mentioned is that if you change your insurance then you will have to start your 2015 deductibles all over again with the new insurance company. The big question is if your COBRA will cover you OK in Washington. If so then sticking with COBRA through the end of the yea...
by lawman3966
Fri Jul 31, 2015 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA Vs ACA after job loss and move
Replies: 38
Views: 2134

Re: COBRA Vs ACA after job loss and move

Just a note... don't know if it will apply to you... but I recently retired and am on COBRA. While employed, I was on an Aetna HMO plan in Illinois, but when I retired I sold my place in Chicago and moved permanently to our house in Wisconsin (an hour's drive from Chicago). Aetna does not have HMO ...
by lawman3966
Fri Jul 31, 2015 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA Vs ACA after job loss and move
Replies: 38
Views: 2134

COBRA Vs ACA after job loss and move

There is a possibility in the coming months that my job will end and that I'll end up moving to another state (move from CO to WA). I'm posting to determine what the optimal sequence of health insurance coverage options is in this situation. I should be eligible for either COBRA or ACA upon losing e...
by lawman3966
Thu Jul 23, 2015 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a cup-with-handle pattern?
Replies: 29
Views: 2542

Re: Is this a cup-with-handle pattern?

I must disagree. I see an inverted head and shoulders pattern coupled with autoregressive Fibonacci lateral curves.

No disrespect intended, but how could you have missed that?
by lawman3966
Sat Jul 11, 2015 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Where are people putting their investment money if they see a correction coming in US stock market
Replies: 69
Views: 8080

Re: Where are people putting their investment money if they see a correction coming in US stock market

Oh yes, the always pending stock market crash must be considered. The trouble is, if you are prepared to get out of equities because there's a "consensus" that the market is about to crash, you likely would have exited the market in 2010, or perhaps never gotten in at all. As shown in the ...
by lawman3966
Mon Jun 22, 2015 10:00 pm
Forum: Personal Consumer Issues
Topic: Quiet and robust Portable Air Conditioner?
Replies: 1
Views: 394

Re: Quiet and robust Portable Air Conditioner?

I wondered the same thing, and found the site linked below. I have the unit discussed at the linked site running in my bedroom now. It may be quieter than its competitors, but it's still loud. Moreover, in my experience, all portable AC units are loud. I can't sleep with it running, so I try to cool...
by lawman3966
Tue Jun 16, 2015 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring Abroad
Replies: 22
Views: 4193

Re: Retiring Abroad

I think it's worth separating out the issues you raise. Living abroad because you like a particular foreign locale: could be a great idea. Living abroad because it's cheaper: this may be true depending on which part of the U.S. and which foreign country/city you're talking about. Various parts of th...
by lawman3966
Sat Jun 13, 2015 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Metrics for choosing when to claim Social Security benefits
Replies: 10
Views: 1923

Re: Metrics for choosing when to claim Social Security benefits

My claim is that the strategy that maximizes present value of Social Security benefits is not optimal under these other metrics. That is one reason why I include more metrics when evaluating the Social Security claiming strategies, but I would not want to say that the SS strategy that maximizes NPV...
by lawman3966
Fri Jun 12, 2015 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: 401K's and Expense ratio's
Replies: 8
Views: 833

Re: 401K's and Expense ratio's

It's hard to know from here what your total expense ratios are, since the rules governing fee disclosure can be a little vague. It's been a while since I've had to deal with this issue. When I did confront the issue, I found additional fees every time I asked about them. And, I had to ask to find ou...
by lawman3966
Thu Jun 11, 2015 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Any opinions of the Vanguard Fixed Deferred Annuity?
Replies: 19
Views: 2290

Re: Any opinions of the Vanguard Fixed Deferred Annuity?

So, what's the catch? John Swanson I investigated this a few years ago, and I recall that the catch, if there is one, resides in whether the deferred payment is measured in today's dollars or future dollars. Investigate this carefully before proceeding. I recall initially being very pleasantly surp...
by lawman3966
Thu Jun 11, 2015 9:02 am
Forum: Investing - Theory, News & General
Topic: Brighter Future? workers vs retirees expectations
Replies: 18
Views: 2814

Re: Brighter Future? workers vs retirees expectations

Interesting stuff. Thanks for posting. There are a few possible explanations for the disparities. (1) the media have overdone the gloom and doom of retirement planning, and current workers are excessively pessimistic about their retirement. (2) Both groups are right. This option is possible if the d...
by lawman3966
Mon Jun 08, 2015 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Putting off Social Security until 70
Replies: 89
Views: 8862

Re: Putting off Social Security until 70

I agree with taking benefits at 70, but don't agree with your math. Your 4% SWR analysis starting at age 70 doesn't make sense to me, as the 4% guideline is intended for a 30 year retirement period. Not sure who you are talking to here, but if it's me, I was not using 4% swr at age 70 but at age 62...
by lawman3966
Mon Jun 08, 2015 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Putting off Social Security until 70
Replies: 89
Views: 8862

Re: Putting off Social Security until 70

I agree with taking benefits at 70, but don't agree with your math. Your 4% SWR analysis starting at age 70 doesn't make sense to me, as the 4% guideline is intended for a 30 year retirement period. Using age 100 as your expected life expectancy imparts too much of a benefit to a higher monthly amou...
by lawman3966
Fri Jun 05, 2015 1:01 pm
Forum: Investing - Theory, News & General
Topic: I-ORP Vs. Cfiresim.com
Replies: 21
Views: 2726

I-ORP Vs. Cfiresim.com

Running I-orp with all the same data (at least, data that is common to the two calculators) as cfiresim yields an annual expenditure level about $9K higher than what cfiresim provides (about 66K instead of 57K (using the 95% confidence level in cfiresim). I entered into I-orp what I thought were mod...
by lawman3966
Wed Jun 03, 2015 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Citizenship and Social Security
Replies: 7
Views: 907

Re: Citizenship and Social Security

I once was a citizen of a European country which did not accept dual citizenship in the past. As friends of mine also did, I became and stayed a US citizen to protect my rights to US SS, to US Medicare, to my pension from a US megacorp and my job at that US megacorp. Wives usually stayed citizen of...
by lawman3966
Tue Jun 02, 2015 6:30 pm
Forum: Personal Consumer Issues
Topic: Quiet Dual-Hose Portable Air Conditioner
Replies: 0
Views: 290

Quiet Dual-Hose Portable Air Conditioner

As the subject heading states, I'm looking for a quiet dual-hose portable air conditioner. I've reviewed a few units on Amazon. I've seen good ratings on some Honeywell units that don't seem to have dual hoses. Whynter has several dual hose units, but the reviews don't seem to be quite as good as fo...
by lawman3966
Tue Jun 02, 2015 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Citizenship and Social Security
Replies: 7
Views: 907

Re: Citizenship and Social Security

While you wait for a definitive answer, you could play with this tool: http://www.ssa.gov/international/payments_outsideUS.html Thanks. However, the linked tool really only tests for a change in residency, rather than a change in citizenship. It seems to assume that if the user is now a citizen, he...
by lawman3966
Tue Jun 02, 2015 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Citizenship and Social Security
Replies: 7
Views: 907

Citizenship and Social Security

Some recent threads on ACA and retirement got me concerned, and have prompted this thread. (If there are other fora you feel are better situated to reply, please let me know which they are). I am a dual citizen: U.S. and Canada. Accordingly, one fallback option for obtaining health insurance coverag...
by lawman3966
Sat May 30, 2015 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Annuities the Fixed Index Annuity FIA
Replies: 30
Views: 2265

Re: Annuities the Fixed Index Annuity FIA

Based on my read of the attached link, I would not be interested in Fixed annuities. It sounds as though the offerings could differ widely from each other making it impossible to meaningfully endorse any one such offering. Index annuities appear to use options to provide a long term, stable return, ...
by lawman3966
Fri May 29, 2015 9:17 am
Forum: Investing - Help with Personal Investments
Topic: What am I doing wrong ?
Replies: 39
Views: 4582

Re: What am I doing wrong ?

(1) Is it really necessary to use "no growth of investments over and above inflation". Is the future that dismal or does this forum suffer from ultra conservatism? Serious question please . (2) Also, with no kids we want to spend the money down and do not need to leave money to anyone. I'...
by lawman3966
Thu May 28, 2015 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: What am I doing wrong ?
Replies: 39
Views: 4582

Re: What am I doing wrong ?

I am not a retirement expert by any stretch, but if I understand your question right, you plan to live off your savings (currently 850k) for 11 years, drawing 55k/year, and then take SS and make up the difference (about 9.6k) with the rest of your portfolio during the remaining retirement. Without ...
by lawman3966
Sat May 23, 2015 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 90
Views: 8254

Re: please confirm: early retirement

LIVING ON 50K: With so many people commenting on the ability or difficulty of living on 50K, it seems relevant to point out some differences between 50K in gross family income and 50K in spendable money. A few expenses for the 50K gross earner, that don't confront someone spending 50K: Fed tax (OP ...
by lawman3966
Fri May 22, 2015 9:32 pm
Forum: Personal Consumer Issues
Topic: Takata Airbag Recall
Replies: 13
Views: 1981

Re: Is it safe to have your Takata airbags repaired?

Yes this is a failure, yes it should be fixed, the fines are deserved. But hysteria is unwarranted. The Consumer Reports advice to park the car is, frankly, nuts. And anybody who disables on of these airbags and continues to drive the car is in need of a keeper. Actually, there is considerable deba...
by lawman3966
Fri May 22, 2015 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 90
Views: 8254

Re: please confirm: early retirement

If this plan hinges on ACA insurance, you may want to consider retiring in the fall of 2016 (say mid November) rather than the spring. The above appears to work off the assumption that the OP would not be eligible for ACA special enrollment in the Spring (i.e. outside of open enrollment). The linke...
by lawman3966
Fri May 22, 2015 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 90
Views: 8254

Re: please confirm: early retirement

The SWR (sustained withdrawal rate) from a portfolio is based on its total return, so dividends are already counted. For instance, a $1 million portfolio with a 3.5% SWR would have $35,000 a year withdrawal, but a $1 million portfolio would pay out about $30,000 in dividends every year, so of that ...
by lawman3966
Fri May 22, 2015 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 90
Views: 8254

Re: please confirm: early retirement

Hi folks. Seriously considering early retirement next Spring (2016). Firecalc and Fidelity RIP, as well as in-person consultation w/ Fidelity advisor, all indicate we should be good to go. I would like feedback from all you wonderful people before I start to actually take steps...below is our situa...
by lawman3966
Thu May 21, 2015 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: The end of the nest egg
Replies: 30
Views: 7957

Re: The end of the nest egg

I can't answer the central question you have posed. However, I feel the need to say that you have presented an overly simplified view of what most people's retirement finances really look like. Most people will retire on a combination of a lump sum and one or more guaranteed streams of income. For t...
by lawman3966
Thu May 21, 2015 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Age 56, Need Asset Allocation Advice
Replies: 16
Views: 1238

Re: Age 56, Need Asset Allocation Advice

BL and Tiko and everyone--what is considered a really good (Low) ER on a Bond Index Fund? (I think Tiko answered this with the graphic--THANKS!) And I don't think I have access to a separate brokerage account on my 401K, but I'll ask. Lost Vanguard bond funds run about 0.10% for Admiral shares. I g...
by lawman3966
Thu May 21, 2015 8:48 am
Forum: Personal Consumer Issues
Topic: Being an Uber driver
Replies: 15
Views: 3296

Re: Being an Uber driver

I'd hold off on getting a new vehicle until you know how this venture pans out. If he begins getting a stable income from this job, it could be worth getting another vehicle. I've thought of doing this myself at some point. However, given the very low barriers to entry into this business/job, I tend...
by lawman3966
Sat May 16, 2015 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: How much does social security factor into your retirement income?
Replies: 169
Views: 14088

Re: How much does social security factor into your retirement income?

How much does social security factor into your retirement income ? A lot. For those who say SS factor is zero.......... better step up your saving. You'll probably need an extra cool million to replace it. burt One million sounds awfully high. When he proposed counting the value of SS as a bond, J ...
by lawman3966
Sat May 16, 2015 9:47 am
Forum: Investing - Theory, News & General
Topic: Fees on Mutual Funds Fall. Thank yourself.
Replies: 20
Views: 2886

Re: Fees on Mutual Funds Fall. Thank yourself.

Nice article from the New York Times that includes quotes from an interview with Bogle. http://www.nytimes.com/2015/05/10/your-money/fees-on-mutual-funds-fall-thank-yourself.html Great trend of course, but I worry if the lost revenue from people moving to index funds will cause 401k plan expenses t...

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