Search found 4269 matches

by midareff
Fri Dec 02, 2016 4:11 pm
Forum: Personal Consumer Issues
Topic: European Riverboat Tours
Replies: 14
Views: 1282

Re: European Riverboat Tours

Considering a European riverboat tour for Sept '17. Prefer a smaller ship with fewer passengers (sounds antisocial, but we prefer DIY travel, and previously we were on a cruise to Bermuda with a Cecil B.deMille cast *S*). Any suggestions re: cruise companies? Thank you in advance. I would argue tha...
by midareff
Fri Dec 02, 2016 3:44 pm
Forum: Personal Consumer Issues
Topic: European Riverboat Tours
Replies: 14
Views: 1282

Re: European Riverboat Tours

Considering a European riverboat tour for Sept '17. Prefer a smaller ship with fewer passengers (sounds antisocial, but we prefer DIY travel, and previously we were on a cruise to Bermuda with a Cecil B.deMille cast *S*). Any suggestions re: cruise companies? Thank you in advance. I would argue tha...
by midareff
Fri Dec 02, 2016 3:09 pm
Forum: Personal Consumer Issues
Topic: European Riverboat Tours
Replies: 14
Views: 1282

Re: European Riverboat Tours

Summer of 2015 we took a Viking Riverboat Cruise from Amsterdam to Budapest and it was perfect in every way. Guided shore excursions every port (just about every day) with group guides and headsets. The right amount of free time, each coming day's itinerary in your cabin each night. Food was outstan...
by midareff
Fri Dec 02, 2016 2:50 pm
Forum: Investing - Theory, News & General
Topic: I'm calling a bond bottom.
Replies: 30
Views: 5701

Re: I'm calling a bond bottom.

Fred... don't let rational thinking interfere with the markets ability to do whatever it wants. It can stay irrational longer than you can remain solvent.
by midareff
Thu Dec 01, 2016 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Reading journey - where to next?
Replies: 15
Views: 1006

Re: Reading journey - where to next?

I'd add Unveiling the Retirement Myth by Jim Otar .. I think it is still available as a download from his website and the Boglehead's Guide to Investing.
by midareff
Tue Nov 29, 2016 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help sister?
Replies: 71
Views: 5798

Re: Best way to help sister?

A year ago, my 40-year-old sister and her daughter moved back in with my parents. My sister dropped out of college. She has never supported herself. She currently earns $11/hr as an admin. Her dream job is stay-at-home mom, but she has no interest in dating. Her daughter's father lives with his par...
by midareff
Sun Nov 27, 2016 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Should I convert to ROTH or not?
Replies: 14
Views: 1429

Re: Should I convert to ROTH or not?

Sorry, I have to disagree on it converting taxable capital to Roth. It converts taxable dollars to tax dollars which are then gone from your portfolio, taxable or advantaged. Consider the case of Larry and Curly. They have identical holdings: 800 in a Trad IRA and 215 in Taxable with 100 of that be...
by midareff
Sun Nov 27, 2016 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Should I convert to ROTH or not?
Replies: 14
Views: 1429

Re: Should I convert to ROTH or not?

I don't like the idea of paying 25% now instead of 25% later. Actually, there is an advantage in that if you pay the tax out of a taxable account. This, in effect, converts some taxable capital to Roth. But this assume full consumption of the Trad IRA with no changes in the projected tax situation....
by midareff
Sat Nov 26, 2016 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Which Credit card for a large one-time expense?
Replies: 50
Views: 4407

Re: Which Credit card for a large one-time expense?

Fidelity 2% Visa, Citi 1% + 1% Master came to mind immediately. Why settle for 1% when you can have 2%?
by midareff
Sat Nov 26, 2016 9:15 am
Forum: Investing - Help with Personal Investments
Topic: High yield corporate (VWEAX) vs REIT (VNQ)
Replies: 6
Views: 780

Re: High yield corporate (VWEAX) vs REIT (VNQ)

I don't think it makes any sense to invest in a REIT fund unless one is going to sell some shares after it exceeds one's upper range rebalancing trigger point and also buy some shares after it drops below one's lower range rebalancing trigger point. Also, I really don't care about accumulating divi...
by midareff
Sat Nov 26, 2016 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Should I convert to ROTH or not?
Replies: 14
Views: 1429

Re: Should I convert to ROTH or not?

I like the idea of paying 15% now rather than 25% later. I don't like the idea of paying 25% now instead of 25% later. I've been doing Roth conversions to the top of my 15% space, which will vanish forevermore in this current tax code in 2018 when my RMD starts.
by midareff
Fri Nov 25, 2016 10:12 am
Forum: Personal Consumer Issues
Topic: Corvette to Hybrid
Replies: 55
Views: 4687

Re: Corvette to Hybrid

Currently car: 2012 Base Corvette LT2 6-Speed Manual. Excellent condition with 31k. Car could fetch a low 27k trade in and upwards of 30k private. Currently owe 10.7k @ 1.85%. Car has zero practicality, averages 20 MPG and eventually when I move next year won't be great for the 50 mile a day commut...
by midareff
Fri Nov 25, 2016 10:11 am
Forum: Personal Consumer Issues
Topic: Corvette to Hybrid
Replies: 55
Views: 4687

Re: Corvette to Hybrid

Currently car: 2012 Base Corvette LT2 6-Speed Manual. Excellent condition with 31k. Car could fetch a low 27k trade in and upwards of 30k private. Currently owe 10.7k @ 1.85%. Car has zero practicality, averages 20 MPG and eventually when I move next year won't be great for the 50 mile a day commut...
by midareff
Fri Nov 25, 2016 10:06 am
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 3167

Re: What is your personal rate of inflation?

MathWizard wrote:Did I read that right?
Your TOTAL expenses for a full year are under 17K?

Wow! You have me beat. I could have retired years ago.



Double WOW..... your total is less than our medical and dental.
by midareff
Fri Nov 25, 2016 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on AA for the retired
Replies: 44
Views: 4200

Re: Thoughts on AA for the retired

Retired 5 years, 69 next month. Wife also retired but a younger 53. Was roughly 48/48/4, equities, bonds and cash until about a year ago when I reduced AA to roughly 40/57/3. AA is roughly 40/60 in taxable and deferred. Like many my pension and SS can pay all the bills, the low 2 comma portfolio fun...
by midareff
Tue Nov 22, 2016 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: If I won the game, how to play the next phase?
Replies: 27
Views: 4225

Re: If I won the game, how to play the next phase?

With the recent rise in stock market, we are about to hit our financial independence at the comfortable level (Level 2 FI). My current AA is 85% index funds and 15% cash. My plan was to shift AA to 75% index funds and 25% fixed income at Level 2 FI, preferably 10% bond fund if the interest is above...
by midareff
Fri Nov 11, 2016 11:45 am
Forum: Investing - Theory, News & General
Topic: Bonds are getting crushed...
Replies: 42
Views: 8823

Re: Bonds are getting crushed...

yawn... nothing is anywhere near a balance band trigger. roll over back to sleep.
by midareff
Thu Nov 10, 2016 5:25 pm
Forum: Personal Consumer Issues
Topic: Wife's Colleague Scratched our car with his car
Replies: 30
Views: 3796

Re: Wife's Colleague Scratched our car with his car

Get a can of Dupont's white polishing compound at your local auto parts store. It used to be sold as a scratch remover and it works wonders. Best $4 bucks on car stuff I ever spent.
by midareff
Thu Nov 10, 2016 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Any advantages to multiple citizenships?
Replies: 33
Views: 2121

Re: Any advantages to multiple citizenships?

Sure.. a US Passport is great for travel.
by midareff
Mon Nov 07, 2016 7:53 am
Forum: Personal Consumer Issues
Topic: Cheap, Non-Traditional Cell Phone Plans
Replies: 37
Views: 2582

Re: Cheap, Non-Traditional Cell Phone Plans

Consumer Cellular here which runs off AT & T towers. We buy our cells online and they supply free SIM. $36 a month for both.
by midareff
Thu Nov 03, 2016 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Question about market volatility
Replies: 16
Views: 1075

Re: Question about market volatility

Just normal IMHO. Best way to fix that is remember the shares you buy today are less costly than the ones you bought 2 months ago. When you look back in 10, 20 or 30 years the story will be soooo different. Just keep buying shares and stop looking frequently.
by midareff
Thu Nov 03, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Question for the Retired
Replies: 27
Views: 3223

Re: Personal Finance Question for the Retired

I often see people ask the question here as whether the retired end up spending more in retirement due to the unexpected, but conversely, I am curious as to whether any of the retired here have found that their spending was lower than expected - for the reason cited above? (i.e. they find themselve...
by midareff
Wed Nov 02, 2016 10:17 am
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (October 2016)
Replies: 3
Views: 525

Re: madsinger monthly report (October 2016)

On the bright side, a few more days like the last six will give us a re-balancing opportunity.
by midareff
Mon Oct 31, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Knee Replacement questions
Replies: 11
Views: 1162

Re: Knee Replacement questions

About 16 years ago I had a well known orthopedic surgeon advise I needed a total knee replacement which did not look that way from the x-ray he was pointing at. I still exercise walk 4 times or more a week on that surgically untouched knee. OTOH, I have had several hip replacements, the last being A...
by midareff
Mon Oct 31, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: Required Minimum Distributions for 2016
Replies: 6
Views: 769

Re: Required Minimum Distributions for 2016

Not an RMD but a Roth Conversion ... already did 2016, probably due 2017 very early in the year. After that RMD starts 2018. Thinking about the possibility of using a ST Bond Fund in my IRA as a monthly transfer to bank strategy. Undecided at this point.
by midareff
Mon Oct 31, 2016 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Too Many CC's? [Credit Cards]
Replies: 35
Views: 3683

Re: Too Many CC's? [Credit Cards]

I look at cards as serving a purpose. AMEX Blue Preferred with 6% back on the first $6K of groceries is what we use it for. PenFed Cash provides 5% back on gas. Fidelity Visa provides 2% back on everything and for those who travel a few times a year Delta/United, etc. cards are great for first check...
by midareff
Mon Oct 31, 2016 10:15 am
Forum: Personal Consumer Issues
Topic: How Long should Updates for Windows 10 take to load??
Replies: 22
Views: 1451

Re: How Long should Updates for Windows 10 take to load??

squirm wrote:Mine are very quick, but I have an i7 with an SSD.



Likewise with 16 gb ram and running Malwarebytes Premium + Anti-exploit and Defender. Could your hard drive be very close to full or badly need defragging? FWIW, 10 was a full clean install not an upgrade.
by midareff
Sun Oct 30, 2016 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: AllyBank CC [Credit Card]
Replies: 8
Views: 918

Re: AllyBank CC

Thinking about switching to Ally Bank credit card, I like to keep things simple and since they are my online bank it seems to make sense. Anyone have an opinion on Ally's cc? Right now I have citi and they are fine, just thinking Ally is about the same plus can offer a couple extra perks as my bank...
by midareff
Sun Oct 30, 2016 1:09 pm
Forum: Personal Consumer Issues
Topic: Printer/Copier recommendation for home use
Replies: 18
Views: 1308

Re: Printer/Copier recommendation for home use

Back in 2007 I went to Newegg (no connection) and purchased the cheapest laser black and white printer they had. It was a HP 1018 for $30. It still works great and is on the first replacement toner cartridge after 5000 or more pages. I also have a much mroe expensive color photo quality printer but ...
by midareff
Sun Oct 30, 2016 12:42 pm
Forum: Personal Consumer Issues
Topic: Passport renewal - old passport
Replies: 22
Views: 2524

Re: Passport renewal - old passport

[url][/http://argentinafees.com/ I would check the latest info on the website. We were there last year and needed the visa paper, things may have changed. We are going next Wednesday and will see if they check for a visa. Will let you know. Interesting. I looked at the State Dept website and it app...
by midareff
Sun Oct 30, 2016 11:58 am
Forum: Personal Consumer Issues
Topic: Passport renewal - old passport
Replies: 22
Views: 2524

Re: Passport renewal - old passport

I sent my passport in for renewal via mail and received the new one surprisingly fast (12 days). I did not get back my old passport though. Last time I did it via mail, I got the old one back with a hole punched in it. Does it come separately? I have a visa for Argentina in the old passport I was g...
by midareff
Sat Oct 29, 2016 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance rates went up
Replies: 155
Views: 11537

Re: Health Insurance rates went up

There is no place to hide..... retired and our insurance (for 2) is $1000 a month between my medicare and supplement and her on my former employers policy. No deductibles and minimal copay's for her. Add in nearly $2K out of pocket for medications... and then you get to dental. Cleanings, checkups, ...
by midareff
Thu Oct 27, 2016 3:02 am
Forum: Personal Finance (Not Investing)
Topic: Dental 'Discount Plans' for uninsured
Replies: 22
Views: 1718

Re: Dental 'Discount Plans' for uninsured

I had an Aetna discount plan that looked very similar to your linked plan. All I could find was one clinic in my area that would honor the discount of the plan and all they had was the fresh out of school kind of dentists and periodontists, etc. All the more experienced professionals who were "...
by midareff
Wed Oct 26, 2016 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Worth Keeping AMEX Gold Delta Skymiles CC?
Replies: 13
Views: 1000

Re: Worth Keeping AMEX Gold Delta Skymiles CC?

I've got that card and the United equivalent. We are retired and travel 4 to 6 times a year so (for us) the waived bag fee (X2) each way covers the cost, and the priority boarding makes it even better since overheads are so crowded these days. If you don't use it once a year for 2 people you might b...
by midareff
Tue Oct 25, 2016 8:48 am
Forum: Personal Consumer Issues
Topic: Where do you store your paper documents?
Replies: 36
Views: 2610

Re: Where do you store your paper documents?

Everything has been digitized with 3 local and two remote backups which includes one in a fire retardant safe. I keep original tax docs about a decade and then are shredded and gone.
by midareff
Sat Oct 22, 2016 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion Target - Time to Break Even
Replies: 25
Views: 2427

Re: Roth Conversion Target - Time to Break Even

My dilemma too. There have been a number of threads on this topic. Personal opinion - converting to the top of the 15% bracket makes sense if your RMD's will push you well into the 25% bracket. However, does one convert into the mid to high 25% tax bracket now to avoid hitting the 28% bracket in 10...
by midareff
Sat Oct 22, 2016 12:14 pm
Forum: Investing - Theory, News & General
Topic: Complete this sentence
Replies: 17
Views: 1380

Re: Complete this sentence

SWAN ... sleep well at night. Retired five years, travel often and sleep well at night. Zero financial worries.
by midareff
Sat Oct 22, 2016 12:12 pm
Forum: Personal Consumer Issues
Topic: Cheapskate for not flying business class?
Replies: 81
Views: 6057

Re: Cheapskate for not flying business class?

Pension + SS + low 7 figure portfolio and we travel 4 to 6 times a year, 10 days to 3+ weeks at a time. We live about equal distance from two major airports and shop them well them in advance. I'd rather fly economy or economy + and spend the extra dough on an upgrade to a veranda suite we would enj...
by midareff
Wed Oct 19, 2016 10:56 am
Forum: Personal Finance (Not Investing)
Topic: SS COLA for 2017 will be 0.3% [Cost of Living Adjustment]
Replies: 34
Views: 3083

Re: SS COLA for 2017 will be 0.3%

for us retired folks I'm sure Medicare will will take care of that. Someone needs to tell the Publix cooked chicken not to go up again. I managed to pick one up the other day - $4.99. A very good deal! for a whole chicken. Quite the better deal than the one we got Sunday. Normally our day is Tuesda...
by midareff
Tue Oct 18, 2016 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: SS COLA for 2017 will be 0.3% [Cost of Living Adjustment]
Replies: 34
Views: 3083

Re: SS COLA for 2017 will be 0.3%

for us retired folks I'm sure Medicare will will take care of that. Someone needs to tell the Publix cooked chicken not to go up again.
by midareff
Tue Oct 18, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: How do you analyze your spending? (Where is my money going?)
Replies: 69
Views: 5690

Re: How do you analyze your spending? (Where is my money going?)

Retired so maybe I look at things a bit different. I do everything in excel from investments to the budget book and everything in between. My pension (3% annual cola for life) and SS pay all our bills. .. and maybe a bit. Portfolio pays for luxuries and upscale travel and I know reasonably close to ...
by midareff
Tue Oct 18, 2016 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Buckets?
Replies: 12
Views: 1248

Re: Investment Buckets?

I look at buckets as follow... FWIW, 69 and retired 5 years) bank cash and ST Munis... a year of draw. IT Munis in taxable ... 7 years of draw without RMD, with RMD (from bonds in IRA), good to 95. That leaves all equities untouched and a good stash of bonds still in tax-ex for wifey to outlive me.
by midareff
Tue Oct 18, 2016 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Should I stop watching my investments? Negative ROI feels bad.
Replies: 48
Views: 3394

Re: Should I stop watching my investments? Negative ROI feels bad.

Hi all, I only started investing 4 months ago as I am a recent graduate with my first job. Here is my cash flows. http://i.imgur.com/QVncqB4.png As you can see I have now officially reached negative ROI on my investment. It feels pretty bad. I knew that the market can fluctuate, but I feel really s...
by midareff
Mon Oct 17, 2016 8:40 am
Forum: Investing - Theory, News & General
Topic: Alternatives to VWEHX? Are There Other Good High Yield Corp Bond Funds?
Replies: 5
Views: 595

Re: Alternatives to VWEHX? Are There Other Good High Yield Corp Bond Funds?

I would think needing to rebalance in less than 60 days is far too frequent too. You might want to read http://www.tdainstitutional.com/pdf/Opportunistic_Rebalancing_JFP2007_Daryanani.pdf as it is quite a study on that subject. With a dynamic allocation and balance bands it's hard to conceive of a r...
by midareff
Sun Oct 09, 2016 10:08 pm
Forum: Personal Consumer Issues
Topic: Retirees: What are your passions?
Replies: 56
Views: 6428

Re: Retirees: What are your passions?

Travel, photography, movies, music and going out to eat with wifey.
by midareff
Thu Sep 29, 2016 10:49 am
Forum: Personal Finance (Not Investing)
Topic: How closely do you check your credit card statements?
Replies: 58
Views: 3011

Re: How closely do you check your credit card statements?

I check once or twice a week. I've had restaurant servers change the amount of tip and such so I keep an eye on things.
by midareff
Tue Sep 27, 2016 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: How it really feels to have investments during a bear market?
Replies: 74
Views: 6181

Re: How it really feels to have investments during a bear market?

Having had the experience of going through the 2007/08 and 1998/99 "evernts" I can tell you it feels awful. You have watched significant portions of the money you saved and invested for your future vanish, literally, day after day. If you are thinking you can watch hundred of thousands of ...
by midareff
Tue Sep 27, 2016 8:19 am
Forum: Personal Consumer Issues
Topic: Computer backup options
Replies: 21
Views: 1390

Re: Computer backup options

I backup the same types of files.... excel, statements, etc., photos and music. The data really changes only a few days around the first of the month and the photos generally after a trip. I backup to an SSD external, a USB 3.0 external and a 1 TB Raid. Backups are done manually (send docs to drive)...
by midareff
Tue Sep 27, 2016 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Cosigning a new car lease for sister out of state
Replies: 71
Views: 4042

Re: Cosigning a new car lease for sister out of state

My sister is putting up all of the leasing costs for 4 years into a separate checking account with auto pay each month for the 4 years. I will be added to her insurance policy as an "additional insured" as well. All and any other advice is appreciated. I think something is real wrong here...

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