Search found 4933 matches

by midareff
Thu Oct 12, 2017 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Made a career mistake- advice/next steps
Replies: 35
Views: 5628

Re: Made a career mistake- advice/next steps

Yes it's time to start looking. There's no reason to have to sit in the "penalty box" when there may be other suitable opportunities. When asked about the reason for leaving so soon I would simply say that the job/responsibilities didn't turn out the way it had been described. That's accurate, hone...
by midareff
Thu Oct 12, 2017 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Best Career Advice for those over "50"
Replies: 60
Views: 6300

Re: Best Career Advice for those over "50"

What is your best career advice for those recently turning 50? Would it be different than for those at other ages? I am referring to networking, updating skills, company loyalty, and other non financial intangibles. Did you learn anything after 50 you wished you had known before? Mistakes? Successe...
by midareff
Thu Oct 12, 2017 7:23 am
Forum: Personal Consumer Issues
Topic: Antivirus Software Recommendations
Replies: 41
Views: 2943

Re: Antivirus Software Recommendations

I've been using Malwarebytes Premium which covers anti-virus and anti-exploit for several years on top of Windows Defender. System is Win 10 64 bit and it runs mighty fast. It does a good job of blocking PUPs (Potentially Unwanted Programs) which can download from sites to track your patterns for ad...
by midareff
Thu Oct 12, 2017 7:18 am
Forum: Investing - Theory, News & General
Topic: Offensive Valuations
Replies: 45
Views: 4141

Re: Offensive Valuations

1. Valuations can go higher, easily. Only half of Americans own stocks. 2. Valuations are artificially high based on accounting changes from the 90s. 3. Look at cash flow. 4. What is the alternative? 2% yielding bonds? 5. Even at current valuations, earnings yield is 4% which beats bonds and earnin...
by midareff
Wed Oct 11, 2017 7:23 am
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 6284

Re: Buy when there's blood in the streets!

bill8902 wrote:
Mon Oct 09, 2017 7:02 pm
After hearing "Buy when there's blood in the streets!" talk among investors over the years my question is for a index fund investor that's already fully invested without tons of cash laying around how could one actually "buy" any decent quantity of stocks upon a crash?
From your bond allocation.
by midareff
Wed Oct 11, 2017 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Want to save for a house down payment, but want some risky earnings potential..advice?
Replies: 4
Views: 341

Re: Want to save for a house down payment, but want some risky earnings potential..advice?

Next year or two... that's easy ...... Ally 11 month CD at 1.5%. Money needed in a year or two should be in cash.
by midareff
Tue Oct 10, 2017 6:38 am
Forum: Personal Consumer Issues
Topic: When to buy new tires? - penny or quarter test
Replies: 35
Views: 2197

Re: When to buy new tires? - penny or quarter test

I replace at 4/32" even though 2/32" is Florida law. Only drive four to five thousand miles a year now, so one tire change will probably be all there is on a car since I don't want to keep a car past 5 or 6 years. .. so it's still one tire change anyway. We get some heavy spring and summer rains her...
by midareff
Mon Oct 09, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6447

Re: Asking for discounts

I ask quite a bit too..... I'll also try AARP Membership, Senior, retired government and everything else I can think of.... and then pay on the 2% cash back Visa.
by midareff
Mon Oct 09, 2017 12:42 pm
Forum: Personal Consumer Issues
Topic: Greek Islands Cruise Excursions
Replies: 9
Views: 862

Re: Greek Islands Cruise Excursions

I would be extremely surprised if your Cruise company did not have a variety of excursions available at every port. That has been our experience with every operator that did not cruise as all inclusive. You might also give Viator's and Grey Line's websites a try, they operate tours all over the worl...
by midareff
Mon Oct 09, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: overloaded w/ Goog?
Replies: 10
Views: 1199

Re: overloaded w/ Goog?

an old saying... the only free lunch in investing is diversification, which your portfolio isn't.. I remember being extremely tech heavy in 1999/2000. Lesson learned the hard way. I'd (as others said) set up a program to get widely diversified and start.
by midareff
Mon Oct 09, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Health Care for 2018, Curious About Other's Increases
Replies: 21
Views: 2538

Re: Health Care for 2018, Curious About Other's Increases

> 9.6% AARP United > 14% Rx both mine.. wife increases yet unknown. All in all expect to be about $1350 a month no deducts.
by midareff
Sun Oct 08, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: Sent to collections by a hospital we've never been to?
Replies: 40
Views: 3366

Re: Sent to collections by a hospital we've never been to?

Just received a statement and bill from Mount Sinai Hospital for a co-pay that was made at the time of service. Sent them a photocopy of the receipt they issued for the co-pay. They do this and have done it almost yearly.
by midareff
Sun Oct 08, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Anyone go 100% Ally or another online bank for all banking needs?
Replies: 61
Views: 5019

Re: Anyone go 100% Ally or another online bank for all banking needs?

I'm 99% online at Ally. I keep a local CU account for when I need cash for a trip overseas and have Ally move a few cents in and out monthly so the account doesn't show inactive. All my DD's go to Ally.
by midareff
Sun Oct 08, 2017 7:14 am
Forum: Investing - Theory, News & General
Topic: Relative Importance of Savings Rate, Asset Allocation, and Investment Selection
Replies: 21
Views: 1715

Re: Relative Importance of Savings Rate, Asset Allocation, and Investment Selection

I have been wondering the answer to this question: What percentage of the average Boglehead investor's success is due to having a high savings rate and living below one's means? I would say 80% is due to this. Maybe more. What percentage of the average Boglehead investor's success is attributable t...
by midareff
Sun Oct 08, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Replacement for Prosper app
Replies: 1
Views: 183

Re: Replacement for Prosper app

I just do a log into account and a look see weekly.
by midareff
Sun Oct 08, 2017 6:53 am
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 12191

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

The fly in the ointment is that treasuries are so inflated they are paying (relatively) zilch. The ten year is at 2.3% or thereabouts and Total International is providing a dividend of roughly 2.5% - 2.6%. The world has gone upside down.
by midareff
Sun Oct 08, 2017 6:46 am
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8158

Re: I'm thinking about cashing completely out of equites....

I'm 56 years old and I have all the money I will ever need based on my lifestyle (boring). With the market overdue for a correction does it ever make sense to completely liqudate ones exposure to risk. I'm currently at a 50/50 mix. Thoughts? LOL, it's made sense to bail out of equities for about th...
by midareff
Sun Oct 08, 2017 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11173

Re: Millionaire Next Door (Thank you Bogleheads)

Welcome to the club from another Joe and Jane. Well done......
by midareff
Sat Oct 07, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Cash in a local bank or credit union
Replies: 54
Views: 3326

Re: Cash in a local bank or credit union

I can have Ally cash in my CU to give her on the way to the airport the next AM. .. flights to BKK don't happen every hour. Taxis and tuk-tuks don't take plastic in BKK and she will need cash money, not plastic, for lots of things from medical supplies for food for her and so forth. Many stores don...
by midareff
Fri Oct 06, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell Roth holding and purchase CD
Replies: 7
Views: 525

Re: Want to sell Roth holding and purchase CD

I think the most important money in retirement is Roth money. You can move it around however you like without tax consequences, buy and sell funds or stock without tax consequences and withdraw it as you like after a certain age without tax consequences. The most opportunistic and agressive part of ...
by midareff
Fri Oct 06, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: How best to incorporate lump sum into asset allocation
Replies: 4
Views: 396

Re: How best to incorporate lump sum into asset allocation

You are going to get lots of answers to this but here's mine. I would pay off the 3.12% mortgage so that leaves the question of what to do with what's left, which would be about $130K. Next... while I'm not a market timer this market is way overdue for a correction, or at l;east some seriously bad d...
by midareff
Fri Oct 06, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Cash in a local bank or credit union
Replies: 54
Views: 3326

Re: Cash in a local bank or credit union

^ not following.. if you are talking about purchasing flight in US, they would accept credit cards. If you are talking about purchase made in Bangkok (and they don't accept CC or check?), then they can't use cash from your local CU anyway, here in US... Question was "situation where you would need ...
by midareff
Fri Oct 06, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Cash in a local bank or credit union
Replies: 54
Views: 3326

Re: Cash in a local bank or credit union

the account sits with the only activity being Ally Bank transferring in $.25 (twenty-five cents) and withdrawing 11 and 14 cents monthly, to avoid the account being tagged inactive. Just curious - why these odd amounts and so many transactions? I just setup auto ACH transfers of $0.10 back and fort...
by midareff
Thu Oct 05, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Newsletter vs. Indexing
Replies: 8
Views: 748

Re: Newsletter vs. Indexing

I think there is merit to both approaches although about 80% of my portfolio is in straight Vanguard index funds for equities and bonds. S&P, Total US, Total International, etc. I also have a slice of Vanguard's Healthcare and had a slice of REITs until recently. OTOH, I pick sector funds and such i...
by midareff
Thu Oct 05, 2017 10:54 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3905

Re: How do you value your time?

Here's a funny but true story... my wife and I met on the internet in 2008, she is Thai. I was taking a trip to Cambodia and Vietnam that spent two days in Bangkok so we were going to meet for breakfast and maybe visit a Wat or two during the day. She was going to take off work. We met for breakfast...
by midareff
Thu Oct 05, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Retirees, how and how much do you pay for health insurance?
Replies: 33
Views: 3984

Re: Retirees, how and how much do you pay for health insurance?

Here you go... I'll be 70 in December and wife is 54. I pay Medicare $112 a month for me (2017 rate) and AARP United Plan F will be $286.37 a month (2018 which is a $25 raise) and will pay $82.40 a month for drugs which is up $10 from the 2017 rate. I pay my former employer $514 a month for my wife'...
by midareff
Thu Oct 05, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: River cruise recommendations (Europe)
Replies: 19
Views: 1475

Re: River cruise recommendations (Europe)

Only because someone suggested that a river cruise limits what you see ("If you don't mind limited visits to cities, the strong likelihood of not seeing what interests you, and having no flexibility, the river cruise is for you. It's akin to being on a bus tour of a city - you get the highlights bu...
by midareff
Thu Oct 05, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: River cruise recommendations (Europe)
Replies: 19
Views: 1475

Re: River cruise recommendations (Europe)

We used Viking for Amsterdam to Budapest and it was terrific. Excellent cabin, great service, food and wines, included tours at every stop with wireless receivers so you could hear the guide clearly, free wi-fi ... and a great crowd of active friendly people. Lots of anniversary and just retired peo...
by midareff
Thu Oct 05, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Cash in a local bank or credit union
Replies: 54
Views: 3326

Re: Cash in a local bank or credit union

the account sits with the only activity being Ally Bank transferring in $.25 (twenty-five cents) and withdrawing 11 and 14 cents monthly, to avoid the account being tagged inactive. Just curious - why these odd amounts and so many transactions? I just setup auto ACH transfers of $0.10 back and fort...
by midareff
Thu Oct 05, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 2885

Re: That blank stare... ?

bampf wrote:
Thu Oct 05, 2017 7:22 am
Its actually worse than a blank stare. She really has no idea and doesn't want any idea. It baffles me but, there you go...
Ditto here, gives her a headache around the third word.
by midareff
Thu Oct 05, 2017 7:57 am
Forum: Investing - Theory, News & General
Topic: Crisis of Confidence - Choosing Bond allocations in portfolio
Replies: 24
Views: 1830

Re: Crisis of Confidence - Choosing Bond allocations in portfolio

The decision is really about AA, not about bond choices. You are 45 years old and 20% bonds. If you are no longer comfortable with that risk profile (80% equities/20% bonds) it might be time to adjust that to something you are more comfortable with. As an example age -15 would put you at 30% bonds,...
by midareff
Thu Oct 05, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Cash in a local bank or credit union
Replies: 54
Views: 3326

Re: Cash in a local bank or credit union

I keep $5.00 because it's a nice round number. Every dollar I keep locally at at .1% or less interest is a dollar that isn't at Ally making 1.2% or 1.5%. Midareff, do you find it at all embarrassing to go into the branch knowing they are looking at your $5 balance? I went into our CU to add my wife...
by midareff
Wed Oct 04, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Question
Replies: 30
Views: 2695

Re: RMD Question

YOU got it Celia. :sharebeer There are certain upsides to being required to pay lots of tax. OK, I can't disagree with that, since I've had higher AGI and tax in retirement than when working also. But as regards Medicare tier thresholds, most of us know you don't want to be Just Above a threshold, ...
by midareff
Wed Oct 04, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Cash in a local bank or credit union
Replies: 54
Views: 3326

Re: Cash in a local bank or credit union

I keep $5.00 because it's a nice round number. Every dollar I keep locally at at .1% or less interest is a dollar that isn't at Ally making 1.2% or 1.5%.
by midareff
Wed Oct 04, 2017 4:29 pm
Forum: Investing - Theory, News & General
Topic: What counts in calculating portfolio withdrawals?
Replies: 10
Views: 615

Re: What counts in calculating portfolio withdrawals?

When one takes a dividend or capital gain from a stock fund for spending, I know that it counts as a withdrawal from the portfolio. But, I'm a bit confused on bonds. Does taking income from a bond fund count as a withdrawal (i.e. for living w/i the 4% "rule")? And, how about individual bonds or inc...
by midareff
Wed Oct 04, 2017 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Question
Replies: 30
Views: 2695

Re: RMD Question

Thanks for the explanation. I'm looking forward to getting my AGI > $170K. I think you mean getting AGI UNDER $170K... I think he/she means OVER $170K, as in "I hope I have a LOT of income in retirement". :beer YOU got it Celia. :sharebeer There are certain upsides to being required to pay lots of ...
by midareff
Wed Oct 04, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Question
Replies: 30
Views: 2695

Re: RMD Question

Adding to Celia's current information: However, you must wait until you are 70.5 if you plan to make QCDs (Qualified Charitable Distributions) for any of your RMD obligation. That's an interesting fact I did not know. Can you explain to me why a QCD from an IRA in RMD would be a better way to do ch...
by midareff
Wed Oct 04, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Payroll shenanigans and their implications
Replies: 48
Views: 3496

Re: Payroll shenanigans and their implications

Jags4186 wrote:
Tue Oct 03, 2017 12:18 pm
Run, don’t walk, to a new job.
It suggests to me he is cheating on payroll taxes, FICA, MICA and the like. .. and probably cooking the books for some reason only he knows.
by midareff
Wed Oct 04, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 5594

Re: Does anyone hold cash?

Under does anyone hold cash my answer is yes, but at no more than 6 or 7% of portfolio which includes an Ally 1.2% savings account, about 4% in a few 1.5% 11 month breakable Ally CD's and some cash on hand in a safe for trips and such. At 70 y/o this December, a roughly 50/50 equities/bonds CD's and...
by midareff
Wed Oct 04, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: RMD Question
Replies: 30
Views: 2695

Re: RMD Question

Adding to Celia's current information: However, you must wait until you are 70.5 if you plan to make QCDs (Qualified Charitable Distributions) for any of your RMD obligation. That's an interesting fact I did not know. Can you explain to me why a QCD from an IRA in RMD would be a better way to do ch...
by midareff
Wed Oct 04, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1402

Re: How much should an 18 year old keep in bonds?

I believe it was Graham who wrote never more than 75/25 and never less than 25/75.
by midareff
Wed Oct 04, 2017 7:52 am
Forum: Personal Consumer Issues
Topic: Travel camera reviews of what you own and why?
Replies: 25
Views: 1585

Re: Travel camera reviews of what you own and why?

Just saw this flash drive for iphone/ipad which looks interesting. Reviews of the new iphone 8+ camera are very good... https://www.amazon.com/Kingston-Digital-Traveler-iPhone-photos/dp/B072WPBV7Z I see DxO rated the Samsung new Note the same as the iPhone except still photos better on the Samsung,...
by midareff
Wed Oct 04, 2017 7:25 am
Forum: Personal Consumer Issues
Topic: Visiting Paris - should we buy tickets in advance?
Replies: 37
Views: 1647

Re: Visiting Paris - should we buy tickets in advance?

Eiffel Tower and Moulon Rouge tics should be in advance IMHO. I used a tour service for the Moulon that picked up and redelivered to hotel after the show. As I recall it was quite expensive (the show with dinner) but well worth it as a life experience.
by midareff
Wed Oct 04, 2017 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs
Replies: 52
Views: 6154

Re: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs

What if the market keeps going up for another one or two years and the bottom of the next correction is still higher than the current price? How does that old saying go........ What if a frog had wings? My point exactly. LOL, and nobody knows nothing. My crystal ball has been murky so long I stoppe...
by midareff
Wed Oct 04, 2017 7:19 am
Forum: Investing - Theory, News & General
Topic: Crisis of Confidence - Choosing Bond allocations in portfolio
Replies: 24
Views: 1830

Re: Crisis of Confidence - Choosing Bond allocations in portfolio

The decision is really about AA, not about bond choices. You are 45 years old and 20% bonds. If you are no longer comfortable with that risk profile (80% equities/20% bonds) it might be time to adjust that to something you are more comfortable with. As an example age -15 would put you at 30% bonds, ...
by midareff
Wed Oct 04, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs
Replies: 52
Views: 6154

Re: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs

pptiger wrote:
Wed Oct 04, 2017 7:09 am
What if the market keeps going up for another one or two years and the bottom of the next correction is still higher than the current price?
How does that old saying go........ What if a frog had wings?
by midareff
Tue Oct 03, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: CD with Santander bank?
Replies: 3
Views: 563

Re: CD with Santander bank?

Ally has a 1.5% 11 month CD that is breakable without penalty after the first 6 days.
by midareff
Tue Oct 03, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Photography gear and what you use it for?
Replies: 26
Views: 1607

Re: Photography gear and what you use it for?

. . . . . If Canon sticks an APS-C sensor in the G5 series with a reasonable viewfinder (better than the RX 100m3, 4, 5) and keeps 24-105mm I'd be game to try it as part of the kit. . . . . . [/color] . . . . . . Thanks midaref, So so true. Senior health issues and need for simplifying drive me to ...
by midareff
Mon Oct 02, 2017 5:44 pm
Forum: Personal Consumer Issues
Topic: Two Nights in Quebec City - Must See Suggestions, anyone?
Replies: 16
Views: 1215

Re: Two Nights in Quebec City - Must See Suggestions, anyone?

tmhudg wrote:
Mon Oct 02, 2017 3:13 pm
We liked the old town area. Lots of narrow streets and shops to poke around in. Also enjoyed Montmorency Falls just outside the city.
Oh yes, old town, the cable car down and the amazing food.
by midareff
Mon Oct 02, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Photography gear and what you use it for?
Replies: 26
Views: 1607

Re: Photography gear and what you use it for?

I've been amazed at the wide array of photography gear and uses in the Boglehead forum. Also how popular photography is as a hobby and how much experience and information is shared here. How about sharing what photography gear have and what you use it for? Seems like gear is always in some form of ...