Search found 5480 matches

by midareff
Sat May 26, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 3697

Re: I'm an indexer... but...

The answer is really just too easy. $10K invested in PRGFX on May 26, 1970, would have grown to $927,700.27 today, 48 years later. The same $10K invested on May 26, 1970, in the S&P500 would have grown to $1,402,137.29 today. It's just too easy to look at a short time period and say this beat that, ...
by midareff
Sat May 26, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: 30 basis points in admin fees for 401-K?
Replies: 7
Views: 298

Re: 30 basis points in admin fees for 401-K?

Fees I experienced at a large municipality were structured differently. It was $25 a year administrative but the funds were pure dogs with extremely high fees (> 1%) and active management. When you reached a certain threshold (I seem to remember it as $50K) you could go to Tier 6 which meant you cou...
by midareff
Sat May 26, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: recommended Roth percentage of total investments
Replies: 14
Views: 1851

Re: recommended Roth percentage of total investments

I had opened a Roth many years ago and there were years I did not contribute since maxing my 457K was a first priority. Then there were some years I could throw a few bucks in and towards the end of my working years it was full on 457, and the Roth and my taxable account. I retired and then started ...
by midareff
Sat May 26, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: any disadvantages to using Delta Skymiles for fare?
Replies: 34
Views: 2602

Re: any disadvantages to using Delta Skymiles for fare?

I use my miles to buy tickets for companions and pay cash for my own, so I can qualify for higher tiers of status. If you rarely fly this will not be important to you. Some airlines have restrictions on award tickets, like you cannot buy up to first class or whatever. Probably not an issue. Have do...
by midareff
Sat May 26, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Chase Savings Account emptied out!
Replies: 77
Views: 11485

Re: Chase Savings Account emptied out!

Automated Clearing House transactions have two financial institutions- sender and receiving bank. You make claim with Chase, Chase will make claim with receiving bank, receiving bank will attempt to recover funds from recipients. Depending on amounts involved, legal authorities may be brought in. R...
by midareff
Sat May 26, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 190
Views: 20879

Re: High End Wrist Watches (Gone Crazy)

Somewhere on the list is trading my Rolex for an automatic Calatrava in 18K White Gold including bracelet. Although at this point the R sits in an auto winder and rarely goes out. The car has an IWC built in though.
by midareff
Fri May 25, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Question about E*money
Replies: 12
Views: 1149

Re: Question about E*money

My father, then in his 70's, thought everyone out there was trying to steal his money. I was in my early 30's then and thought he was either crazy or paranoid. Now that I have achieved 70 I understand just how right he was, and would be now. Does that make me paranoid or crazy? A hundred and sixty b...
by midareff
Fri May 25, 2018 7:35 am
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 13495

Re: The Millionaire Next Door and civil servants

"P. 192 Very few millionaires are civil servants, and they have a completely different orientation. They want to be compensated on the basis of performance. " Twenty-nine years and four months as a a civil servant, and all I wanted to is .. ." be compensated on the basis of performance". Eight prom...
by midareff
Thu May 24, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: Affordable luxury ladies watch?
Replies: 21
Views: 897

Re: Affordable luxury ladies watch?

Do any exist for under $500 or so? Ideally gold or rose gold or silver so it can be a nice accessory? That is not the price range for luxury, gold or rose gold. ... unless you are talking plated, which again is not luxury. You probably find some very nice watches in that range, but they are what th...
by midareff
Thu May 24, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 13495

Re: The Millionaire Next Door and civil servants

"P. 192 Very few millionaires are civil servants, and they have a completely different orientation. They want to be compensated on the basis of performance. " Twenty-nine years and four months as a a civil servant, and all I wanted to is .. ." be compensated on the basis of performance". Eight promo...
by midareff
Tue May 22, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: Florida Living
Replies: 49
Views: 5102

Re: Florida Living

After 50+ years living in Miami we have looked several times up and down both coasts. We greatly prefer anywhere from the Naples to Fort Myers/Cape Coral up through Tarpon Springs areas. I would tend to avoid Tampa based on size and like all of the west coast better than the east. It should not be t...
by midareff
Tue May 22, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: How do you stop moving the goal posts.
Replies: 62
Views: 4649

Re: How do you stop moving the goal posts.

I took an excel spreadsheet page and listed all the countries in the world in one column and all the states in the US in another. I'm checking them off one by one but fully understand I'll never get them all. 42 countries and 42 US states so far. We will add the Ukraine next month. Currently @ 70, s...
by midareff
Tue May 22, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: Factory Five build cars
Replies: 23
Views: 2301

Re: Factory Five build cars

Have you considered Caterham 7? The former hosts of Top Gear assembled a running example in less than a day. There was (maybe still is) a fellow in South Florida who copied the Lotus Super 7 blueprints and built a tube frame knock-off using Chevy 150 pickup running gear throughout. Said he could bu...
by midareff
Tue May 22, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 104
Views: 5311

Re: How have you upgraded your wardrobe?

Before I retired in early 2012 I shopped Marshall's for Nautica, Ralph Lauren, Polo, Hugo Boss and other top brands for suits, slacks and dress shirts at bargain prices. There was one of their stores a few blocks from the office and one day a week myself and several staffers would walk it and fast ...
by midareff
Tue May 22, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 104
Views: 5311

Re: How have you upgraded your wardrobe?

Before I retired in early 2012 I shopped Marshall's for Nautica, Ralph Lauren, Polo, Hugo Boss and other top brands for suits, slacks and dress shirts at bargain prices. There was one of their stores a few blocks from the office and one day a week myself and several staffers would walk it and fast f...
by midareff
Mon May 21, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 83
Views: 7277

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

Very tough subject. Dad had Alzheimer's and was in a wheel chair for it with daily care (read: attendants) while in an assisted living facility with my legally blind mother (wet macular, both eyes) from age 88 to almost 94, when he passed. Mom passed 6 weeks later @ a couple month's from 90. I know ...
by midareff
Mon May 21, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Check Letter / Notice from IRS Online
Replies: 9
Views: 1293

Re: Check Letter / Notice from IRS Online

Geeez... it's just the IRS. They put their panties on just like everyone else this time of the year, and every other time of the year too. In my experience, and I used to get letters every other year, they are computer generated and wrong, just plain wrong and a real PIA to make copies of what the c...
by midareff
Mon May 21, 2018 6:06 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 13510

Re: What big item (>20k) are you saving up for?

I save for (in general, we R retired), nicer international travel and I recently traded for a dream car and placed a huge down. PenFed was still offering 1.49% interest for 3 years so I let them have a little of it too. Besides that we have several extended cruises set of which I have 3 still to pay...
by midareff
Mon May 21, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Time For New Car?
Replies: 34
Views: 2372

Re: Time For New Car?

It would be for me too. Longest I kept a ride was 11 years. I just traded a 2013 with low miles for a special order 2018 just because I turned 70 and don't want to wait any more for a car I always wanted. ... and I consider last years market as living proof god wanted me to have it NOW. Life's too s...
by midareff
Sun May 20, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: Where to find movers for a couch?
Replies: 16
Views: 1099

Re: Where to find movers for a couch?

Outside just about every Home Depot, and I assume Lowes, are guys looking for day work. Most have pickup trucks. Can't imagine $50 can't get it done.
by midareff
Sat May 19, 2018 8:24 am
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 5642

Re: What’s your phone/internet bill?

Internet $39/ mo unlimited up/down.

phone $41.55 for both with unlimited voice/texts + enough gb of data for both. Consumer Celluler.
by midareff
Thu May 17, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Small caps and Micro caps
Replies: 6
Views: 498

Re: Small caps and Micro caps

Trying to beat the Total Market?
by midareff
Thu May 17, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 464
Views: 24288

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

I think most of that has to do with the inability to retire at a higher income than when they were working. Personally, I targeted 140% of my pre-retirement income as my retired income as I knew I wanted to travel. Right. This is why I generally recommend that folks consider their (reasonably consi...
by midareff
Thu May 17, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Car mileage, Fuel additives and other
Replies: 31
Views: 1429

Re: Car mileage, Fuel additives and other

If you are not using synthetic oil that will make a slight difference in efficiency. Whether or not that will offset the addition cost is another question. It used to be that Chevron had the best additive (Techron) but that was then and this is now and I haven't followed the industry. That said, I o...
by midareff
Thu May 17, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 464
Views: 24288

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

I think most of that has to do with the inability to retire at a higher income than when they were working. Personally, I targeted 140% of my pre-retirement income as my retired income as I knew I wanted to travel.
by midareff
Thu May 17, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 185
Views: 9854

Re: how do you tip on wine at a restaurant

What if I order water (free), do I tip zero? It is the same amount of work if I order another non-alcoholic drink. When one of us as designated driver orders water from a bartender, we always tip $1-2, even though water is "free". If we're at a restaurant already dining with a food check, then prob...
by midareff
Thu May 17, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Unique Phone Apps that you find yourself using most often?
Replies: 30
Views: 3018

Re: Unique Phone Apps that you find yourself using most often?

...I would never use mobile devices for financial sites. Partly because I don't trust the security of these devices and partly because I don't need to - now that I don't travel for work it would be unlikely that I am away from home for more than two weeks so there really isn't a reason not to wait ...
by midareff
Thu May 17, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7593

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Everyone who accurately predicted the last stock market crash and were able to properly execute trades to take advantage of it became multimillionaires. If your friend is not already fabulously wealthy, he is about to become so. I recommend you become closer to him. The one who accurately predicted...
by midareff
Wed May 16, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Unique Phone Apps that you find yourself using most often?
Replies: 30
Views: 3018

Re: Unique Phone Apps that you find yourself using most often?

I really like an app called Here We Go. I can download a detailed street map of any country, city, state or whatever to my phone or tablet and use them offline. Lost in Dublin, Odessa, Seattle, Moscow, Anchorage or where ever..... just open the app and enter the city detail you want, and find from t...
by midareff
Wed May 16, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 185
Views: 9854

Re: how do you tip on wine at a restaurant

On a $127 lunch tab I think you are quite light @ $15. ... especially if you got the typical wine taste first for approval. I'd be more in the 20% or $25+ dollar tip range, maybe a bit more if the service was special. I tip more on the bottle than the food if it's done right, that's just me, YMMV.
by midareff
Wed May 16, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Junk Bond fund
Replies: 65
Views: 3661

Re: Vanguard Junk Bond fund

I assume we are talking about VWEHX? How did this fund hold up in 2008? Oh that's right, it dropped about 30% in the market crash. Now that is some stability right there..... http://quotes.morningstar.com/chart/fund/chart.action?t=VWEAX®ion=usa&culture=en-US Start with 5/16/2008. Much bigger dro...
by midareff
Wed May 16, 2018 6:50 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7593

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Everyone who accurately predicted the last stock market crash and were able to properly execute trades to take advantage of it became multimillionaires. If your friend is not already fabulously wealthy, he is about to become so. I recommend you become closer to him. The one who accurately predicted...
by midareff
Wed May 16, 2018 6:46 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

Good point... the 302 was Camaro only. The early Nova's could have the 283, the mid-60's could have the 327 (which was a nice little engine), and by the late 60's the Nova could be ordered with a big block. Hopefully mid meant the 283 or 327. The later 307 was a dog! Mid was saying people changed o...
by midareff
Tue May 15, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

Best buddy at the time had a Catalina 2+2, 421 Tri-power, as much "muscle car" Nice! Not many will know what that one is. Yes, I'd put that in the group. Although, they were the muscle before the well known muscle cars. The early 1960s Impalas with the 409 would be in that pre-muscle group also. No...
by midareff
Tue May 15, 2018 7:07 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

I guess we are just going to have to agree to disagree. If you are retired and can write the check, and it puts a big smile on your face .. goforit, just like two room suites on a European River Cruise. There is enough other stuff on the road that I don't need to be a me too with another Mustang or...
by midareff
Mon May 14, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

I guess we are just going to have to agree to disagree. If you are retired and can write the check, and it puts a big smile on your face .. goforit, just like two room suites on a European River Cruise. There is enough other stuff on the road that I don't need to be a me too with another Mustang or...
by midareff
Mon May 14, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to define "rich"?
Replies: 32
Views: 2262

Re: Best way to define "rich"?

airelleofmusic wrote:
Mon May 14, 2018 4:37 pm
Rich is when money is not a concern for you.
Yup +1.
by midareff
Mon May 14, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

anything AMG I'd submit a new AMG (especially anything other than a C63 or E63) is literally the opposite of a bogglehead muscle car. It's the car-guy version of paying Edward Jones a 2% AUM to buy loaded mutual funds :mrgreen: I guess we are just going to have to agree to disagree. If you are reti...
by midareff
Mon May 14, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting advice on pension service credit purchase.
Replies: 5
Views: 332

Re: Requesting advice on pension service credit purchase.

Looks like roughly 12.5 years until even if we say the initial $23065 doesn't/wouldn't make any money along the way. That ignores any survivor advantage/disadvantage. On the other side a 5 year CD @ 2.6% to 2.75% is currently readily available. That seems to lower the $1790 by about $634 annually an...
by midareff
Mon May 14, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

anything AMG I'd submit a new AMG (especially anything other than a C63 or E63) is literally the opposite of a bogglehead muscle car. It's the car-guy version of paying Edward Jones a 2% AUM to buy loaded mutual funds :mrgreen: I guess we are just going to have to agree to disagree. If you are reti...
by midareff
Mon May 14, 2018 4:18 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

fourwheelcycle wrote:
Mon May 14, 2018 4:06 pm
midareff wrote:
Mon May 14, 2018 7:32 am
anything AMG
How about anything with an M in the model name?
Yup .... test drove the M3 on my way to a decision. They qualify too.
by midareff
Mon May 14, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

anything AMG I'd submit a new AMG (especially anything other than a C63 or E63) is literally the opposite of a bogglehead muscle car. It's the car-guy version of paying Edward Jones a 2% AUM to buy loaded mutual funds :mrgreen: I guess we are just going to have to agree to disagree. If you are reti...
by midareff
Mon May 14, 2018 7:32 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7150

Re: Is there a boglehead muscle car?

anything AMG
by midareff
Sat May 12, 2018 12:59 pm
Forum: Personal Consumer Issues
Topic: Need help with Excel Spreadsheet formula
Replies: 8
Views: 539

Re: Need help with Excel Spreadsheet formula

Put the portfolio in M* and download the number.
by midareff
Sat May 12, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 33
Views: 2066

Re: Picking up New Subaru-Worth buying extended warranty?

Extended warranties are a profit center for the dealer and the sales person making the sale. On average, you will not recover the amount you paid. As another said... if it breaks, pay to fit it.
by midareff
Mon May 07, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 5994

Re: When to buy new underwear?

I thought it took a year to break them in. No holes, no garbage can.
by midareff
Mon May 07, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 5994

Re: When to buy new underwear?

I thought it took a year to break them in. No holes, no garbage can.
by midareff
Mon May 07, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: How much should I save or would be available for health care in retirement?
Replies: 43
Views: 4183

Re: How much should I save or would be available for health care in retirement?

Medicare and a supplement are the easy parts.... I am unable to find a dental insurance plan that is worth having. The ones I do find are for clinics where it seems dentists go the minute they graduate to get experience. I'd rather pay an experienced professional and they are expensive if you need ...
by midareff
Mon May 07, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: New car for my wife
Replies: 25
Views: 2648

Re: New car for my wife

How about a Benz C300 4matic?
by midareff
Mon May 07, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Credit card payment allocation?
Replies: 7
Views: 892

Re: Credit card payment allocation?

I believe they allocate the transfer as they would any other charge. Their concept (of course) is to get as much interest from their customers as possible. Many years ago I did a couple of zero charge no interest transfers and paid them off in two or three months. I haven't paid a credit card compan...