Search found 3631 matches

by midareff
Fri Feb 12, 2016 8:45 am
Forum: Investing - Theory, News & General
Topic: Is it starting to smell like opportunity?
Replies: 31
Views: 3057

Is it starting to smell like opportunity?

Catch a falling knife, don't try to time the market..... have heard most if not ll the cliches but it starting to smell like opportunity. 1.75% yield on the ten year... how do you lose moving to a 2.25% or 2.4% CD? That's an opportunity. Most anything on the equity side is much cheaper than mid Nove...
by midareff
Fri Feb 12, 2016 5:01 am
Forum: Personal Finance (Not Investing)
Topic: keep or sell house after separation
Replies: 40
Views: 2402

Re: keep or sell house after separation

Sorry for your news. Been there and done that too. Would recommend you sell the house and rent for at least a year to let your thoughts and emotions settle, then find something suitable for your new life.
by midareff
Fri Feb 12, 2016 4:59 am
Forum: Personal Finance (Not Investing)
Topic: Key West and everglades trip
Replies: 23
Views: 1381

Re: Key West and everglades trip

Lots of mosquito repellent for the Zika virus.
by midareff
Thu Feb 11, 2016 2:58 pm
Forum: Investing - Theory, News & General
Topic: What is the long term S&P growth rate?
Replies: 10
Views: 664

Re: What is the long term S&P growth rate?

From January 1960 to end of December 2013 the S&P returned 7% real. You will get a different number for different time periods but that is a reasonable close 53 year period and may or may not produce any useful information. The market can do gyrations lots longer than you can remain solvent.
by midareff
Thu Feb 11, 2016 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 72
Views: 5865

Re: What is your decline in Net Worth as of today?

Portfolio was up 2.5% for calendar 2015. For calendar 2016 through yesterday close down 4.00% AA roughly 39% equities, 59% bonds and 2% bank cash at the moment. Retired 4 years, age 68. From 1/1/2010 through 12/31/2015 portfolio is up slightly over 9% annually. I'll call it a sequence of returns bou...
by midareff
Thu Feb 11, 2016 2:41 pm
Forum: Investing - Theory, News & General
Topic: The 10 Year Treasury is at 1.60
Replies: 25
Views: 2307

Re: The 10 Year Treasury is at 1.60

10 year treasury is down something close to 20% since Fed Funds rate was bumped up. What is the end result, at least right now, of the fed funds bump if all other interest rates are falling? It seems like it only hurt Borrowers borrowing off that rate and conversely helped commercial banks. If all ...
by midareff
Thu Feb 11, 2016 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Rental car for weekend trip to save on miles on new car?
Replies: 50
Views: 2852

Re: Rental car for weekend trip to save on miles on new car?

For 250 miles use yours. For a week touring in the mountains running up 2500 miles, use theirs. If you do rent be sure to use an AMEX or other card that has collision coverage. At $10 a day the collission waiver and personal accident insurance and whatever else they have dreamed up to sell gets quit...
by midareff
Thu Feb 11, 2016 12:16 pm
Forum: Investing - Theory, News & General
Topic: Today's Market Open supposed be Brutal...........
Replies: 39
Views: 3072

Re: Today's Market Open supposed be Brutal...........

I'm retired now with about 35% in equities at the moment. My investment plan is at the point where I wonder if it's worth the risk to rebalance when the market goes down. After all one could be looking at a 1930's scenario where you could end up chasing the market down 90% for a decade or more. I'v...
by midareff
Thu Feb 11, 2016 12:12 pm
Forum: Investing - Theory, News & General
Topic: Today's Market Open supposed be Brutal...........
Replies: 39
Views: 3072

Re: Today's Market Open supposed be Brutal...........

zwzhang wrote:If you already won the game, why keep playing? :happy



eggsactly. :oops:
by midareff
Thu Feb 11, 2016 12:08 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market > Tax-Exempt Bond Fund?
Replies: 39
Views: 2288

Re: Total Bond Market > Tax-Exempt Bond Fund?

AJacobs, There are a few things to keep in mind. When you're comparing fund yields, you SHOULD be comparing SEC yields. However, it's always helpful to see the distribution yields because it'll give you a chance to see if there is any significant disconnect (now, there is, especially with the muni ...
by midareff
Thu Feb 11, 2016 8:32 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market > Tax-Exempt Bond Fund?
Replies: 39
Views: 2288

Re: Total Bond Market > Tax-Exempt Bond Fund?

Looking at the math, it looks like the Vanguard Intermediate-Term Tax-Exempt bond fund has a yield of 1.39%. In a 28% federal tax bracket, the equivalent is 1.93%. The Total Bond Market fund crushes that with a yield of 2.30% . But even if I do the math for a 35% tax bracket, that still only gives ...
by midareff
Wed Feb 10, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: The Retirement Problem: What Will You Do With All That Time?
Replies: 62
Views: 4840

Re: The Retirement Problem: What Will You Do With All That Time?

I am retired, and I have a problem getting enough time to accomplish all the things I want to accomplish. Without the list, I have been retired just short of 4 years now. I have been so busy I don't know how I ever had the time to go to work. Perhaps one afternoon one day I will have time for a nap...
by midareff
Wed Feb 10, 2016 5:27 am
Forum: Personal Finance (Not Investing)
Topic: Displeased with Fidelity Cash / BNY Mellon- debit card theft
Replies: 45
Views: 4093

Re: Displeased with Fidelity Cash / BNY Mellon- debit card t

As far as the FIDO AMEX, if you had told them you needed the card immediately they would have overnighted it to you. I know that from personal experience on a fraud closing. My mileage has varied. I was a victim of fraud on my 2% Fidelity AMEX in December. I've described it elsewhere at Bogleheads....
by midareff
Mon Feb 08, 2016 5:22 pm
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 73
Views: 6424

Re: Anyone travel without hacking?

All our cards are cash back cards ranging from 1%+1% to 2% to 5% and 6%. The cash back gets spent on travel, or mixed into general funding and spent as part of that. Rewards were > $2100 last year. We travel relatively frequently. European Cruise last summer, October in the NV mountains, December a ...
by midareff
Mon Feb 08, 2016 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Am I getting fleeced on my IRA? Opinions welcome.
Replies: 21
Views: 886

Re: Am I getting fleeced on my IRA? Opinions welcome.

Yes you are getting fleeced. Not sure which "major brokerage" you are with but some of them (Fidelity for sure) you can move to a non-advisor account and save the 1.5%. In addition, if there are high fees associated with the funds, then you might want to go elsewhere and access less expen...
by midareff
Sun Feb 07, 2016 11:38 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Brokerage Services] 1099Bs Issued at the End of Feb
Replies: 28
Views: 2137

Re: [Vanguard Brokerage Services] 1099Bs Issued at the End of Feb

The VBS document was labeled February 24th last year, which was the 1099B for 2014.
by midareff
Sun Feb 07, 2016 10:27 am
Forum: Personal Finance (Not Investing)
Topic: (Another) Roth Conversion Question
Replies: 15
Views: 927

Re: (Another) Roth Conversion Question

Similar situation in that when RMD starts it will be my last days at 15%. I converted all remaining 15% space from 2015 and 2016 tax years to Roth. I get one more shot next year then it's first year of RMD. There are too many variables (for me) including needs based Medicare surcharges to calculate ...
by midareff
Sun Feb 07, 2016 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard International High Yield Fund
Replies: 8
Views: 609

Re: Vanguard International High Yield Fund

These are not HY bond funds, they are dividend funds: https://personal.vanguard.com/us/insights/article/fund-announcement-T-092015 The were supposedly going to be available this past December. They seem to be a bit behind on their paperwork. The brokerage conversion paperwork still says you specifi...
by midareff
Sun Feb 07, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Enhancing Yield with adjustments to the Total Bond Index
Replies: 21
Views: 1106

Re: Enhancing Yield with adjustments to the Total Bond Index

Didn't Vangaurd try to "enhance" the yield of Total Bond index 15-20 years ago by increasing exposure to corporate bonds, then suffered some nasty losses in the early 2000s leading to Total Bond underperforming its benchmark by quite a bit? I can confirm they got hit badly in 2000 -- I th...
by midareff
Sun Feb 07, 2016 10:08 am
Forum: Investing - Theory, News & General
Topic: Otar Retirement Myth - overfitting, methods flaw
Replies: 8
Views: 921

Re: Otar Retirement Myth - overfitting, methods flaw

livesoft wrote:I agree completely with you.


Me too, but a great read never the less.
by midareff
Sun Feb 07, 2016 10:02 am
Forum: Investing - Theory, News & General
Topic: The Gravy Train Departed?
Replies: 72
Views: 8867

Re: The Gravy Train Departed?

That would be helpful if I was a millennial. Classifying anyone born in the 80's as a millennial is wrong and degrading. I refuse to be compared to the generation of today. I was chased around my house with a belt, I had to sit in timeout, and I never touched a computer when I got home from school....
by midareff
Sun Feb 07, 2016 9:12 am
Forum: Investing - Help with Personal Investments
Topic: The $250,000 Question
Replies: 19
Views: 4187

Re: The $250,000 Question

Dimitri wrote:
Agreed. If there is inflation. These days looking at my expenses I'm more inclined to think there is deflation.


I wish you would tell that to our medical insurance providers, the condo maintenance people, car insurance folks, and most certainly the grocery store cooked chicken. :oops:
by midareff
Sun Feb 07, 2016 9:02 am
Forum: Investing - Help with Personal Investments
Topic: The $250,000 Question
Replies: 19
Views: 4187

Re: The $250,000 Question

PenFed sent me an email ... maybe the beginning of last week advertising a 1.5% for 15 months CD. You might want to park some there, some in an Ally Bank savings account at 1% and look for better paying longer CD's. A short term corporate fund such as VCIT might work for some too.
by midareff
Sun Feb 07, 2016 8:51 am
Forum: Personal Consumer Issues
Topic: Traveling in Retirement
Replies: 57
Views: 4293

Re: Traveling in Retirement

Love to travel but the way I do has changed. At 68 now and retired 4 years I was fortunate to have to travel for work four to six times a year, and sometimes more, in addition to standard vacation times. Lots of exhibitions in the US, Chicago, Atlanta, Vegas, Reno, Charlotte, Dallas and so forth and...
by midareff
Wed Feb 03, 2016 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you retire
Replies: 84
Views: 6425

Re: What age did you retire

Retired at age 64 on 3/31/2012. Wife retired at age 48 on August 30, 2011.

I too agree completely with Taylor - "It is wonderful to wake-up in the morning and do whatever I want...". This is a good life.
by midareff
Tue Feb 02, 2016 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal strategy for tax exempt muni fund
Replies: 22
Views: 1606

Re: Retirement Withdrawal strategy for tax exempt muni fund

I agree, there are many factors involved but to the amount I can use 15% space it is a no brainer. Fully agree that there are so many variables and unknowns that a detailed calculation is not worth the effort. The other issue is that the tax code is so convoluted and complicated that sometimes the ...
by midareff
Mon Feb 01, 2016 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal strategy for tax exempt muni fund
Replies: 22
Views: 1606

Re: Retirement Withdrawal strategy for tax exempt muni fund

I'm 4 years retired and maxing my 15% tax space with Roth conversions. As soon as I hit RMD I will be in the 25% space permanently after my pension and SS. The VG IT Tax-Ex Muni fund is presently distribution about 3% monthly, tax free. Added benefit to resetting capital gains. midareff, not trying...
by midareff
Mon Feb 01, 2016 12:34 pm
Forum: Personal Consumer Issues
Topic: Which app/plan do you use to make calls to overseas?
Replies: 40
Views: 1638

Re: Which app/plan do you use to make calls to overseas?

I used phone cards to make calls to friends in Vietnam but since I moved to a small town no one here sells this type of phone cards. I don't have a landline but a smartphone with Republic Wireless that has no international plan. Which app/plan do you use? Does it have good call quality? How much pe...
by midareff
Mon Feb 01, 2016 11:32 am
Forum: Personal Consumer Issues
Topic: Longtime AT&T customer looking for MVNO cell provider
Replies: 23
Views: 1893

Re: Longtime AT&T customer looking for MVNO cell provider

Have had enough of AT&T as well. Consumer Cellular seems to fit us best and will be placing a Galaxy S3 and S5 with them as soon as wife gets back in the country mid month.
by midareff
Mon Feb 01, 2016 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Paying estimated taxes
Replies: 24
Views: 2315

Re: Paying estimated taxes

At the beginning of the year I use Taxcaster https://turbotax.intuit.com/tax-tools/calculators/taxcaster/ to calculate/predict my tax for the coming year. I know how much my pension and SS will be, can predict dividend income closely from previous years performance and can calculate mortgage interes...
by midareff
Mon Feb 01, 2016 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal strategy for tax exempt muni fund
Replies: 22
Views: 1606

Re: Retirement Withdrawal strategy for tax exempt muni fund

I'm 4 years retired and maxing my 15% tax space with Roth conversions. As soon as I hit RMD I will be in the 25% space permanently after my pension and SS. The VG IT Tax-Ex Muni fund is presently distribution about 3% monthly, tax free. Added benefit to resetting capital gains. midareff, not trying...
by midareff
Mon Feb 01, 2016 7:39 am
Forum: Personal Consumer Issues
Topic: Best place to travel July/August for 1-2 weeks?
Replies: 15
Views: 1561

Re: Best place to travel July/August for 1-2 weeks?

If you can handle the weather certainly northern Thailand, Cambodia (Ankor Wat) and Vietnam make an excellent trip. A guided tour such as those offered by Smartours or Grand European (both have websites) can be a terrific value. We spent three weeks last summer on an Amsterdam to Budapest cruise and...
by midareff
Sun Jan 31, 2016 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal strategy for tax exempt muni fund
Replies: 22
Views: 1606

Re: Retirement Withdrawal strategy for tax exempt muni fund

I'm 4 years retired and maxing my 15% tax space with Roth conversions. As soon as I hit RMD I will be in the 25% space permanently after my pension and SS. The VG IT Tax-Ex Muni fund is presently distribution about 3% monthly, tax free. Added benefit to resetting capital gains. If you have a better ...
by midareff
Fri Jan 29, 2016 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Retired & Estimated tax payments ???
Replies: 27
Views: 1107

Re: Retired & Estimated tax payments ???

Hello Everyone, Do most of the retired people here make estimated quarterly tax payments? I am currently retired and receiving severance right now but that is going to end in July. It was just late last night when thinking about how things will change for me once that last paycheck comes that I rea...
by midareff
Fri Jan 29, 2016 10:47 am
Forum: Investing - Help with Personal Investments
Topic: What's this "magical 5% return" always being referred to?
Replies: 18
Views: 1502

Re: What's this "magical 5% return" always being referred to?

ive heard professionals and people planning for retirement mention "5% return" as if it's guaranteed... i.e. "a million dollars invested at 5% gets you $40K/year for the rest of your life." Hypothetically if I had $1M in retirement and was to retire today, how would I maintain b...
by midareff
Fri Jan 29, 2016 10:27 am
Forum: Investing - Help with Personal Investments
Topic: What's this "magical 5% return" always being referred to?
Replies: 18
Views: 1502

Re: What's this "magical 5% return" always being referred to?

ive heard professionals and people planning for retirement mention "5% return" as if it's guaranteed... i.e. "a million dollars invested at 5% gets you $40K/year for the rest of your life." Hypothetically if I had $1M in retirement and was to retire today, how would I maintain b...
by midareff
Fri Jan 29, 2016 12:03 am
Forum: Personal Consumer Issues
Topic: wife needs phone. Android, iPhone or Windows phone?
Replies: 49
Views: 3049

Re: wife needs phone. Android, iPhone or Windows phone?

I'm probably in a small minority here but a phone is really a necessary inconvenience to me, and my wife has even less use of one. We are both retired and she uses hers only to call her mother internationally via a calling card service on a weekly basis. For everything else she uses a service called...
by midareff
Thu Jan 28, 2016 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: A Few Small Random Questions
Replies: 9
Views: 717

Re: A Few Small Random Questions

Hello, New to Bogleheads and have been reading the wiki and forums extensively the last month. 1.) I'm trying to find previous forum posts on Bogleheads who have taxable accounts for revolving savings goals like a car, vacation, and down payment (~5-20 Years). I'm not quite sure what I should be se...
by midareff
Wed Jan 27, 2016 5:42 pm
Forum: Investing - Theory, News & General
Topic: DoubleLine Capital LP’s Jeffrey Gundlach
Replies: 9
Views: 911

Re: DoubleLine Capital LP’s Jeffrey Gundlach

I know we have not agreed on everything in the past ogd but you are giving me quote credit for a matjen post. I never said that... regardless. I recently decided to give his Total Return Fund a try in my IRA for a variety of reasons. Unless my reading of his fund and materials is wrong he is predom...
by midareff
Wed Jan 27, 2016 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance: 15yr or 30yr + invest?
Replies: 22
Views: 2128

Re: Refinance: 15yr or 30yr + invest?

I'd contact PenFed and speak to them about a 30 year. You can open an account with $5 in a savings account and a donation of $25 to a friends of the military organization. Most days now their 20% down 30 year is 3.375% and an occasional day at 3.25%. AFAIK they will fly with 80% of appraisal for loa...
by midareff
Wed Jan 27, 2016 1:17 pm
Forum: Investing - Theory, News & General
Topic: DoubleLine Capital LP’s Jeffrey Gundlach
Replies: 9
Views: 911

Re: DoubleLine Capital LP’s Jeffrey Gundlach

And he is probably 20+ years younger than Gross so less Manager (retiring) risk. On the other hand, if you read a little about his past, he might be quite a bit less stable. As in, one day he discovers Zoroastrianism and takes off for the Himalayas, leaving your money stranded. This gives me pause....
by midareff
Wed Jan 27, 2016 10:07 am
Forum: Personal Consumer Issues
Topic: Best Netflix/YouTube interface for the Big Screen?
Replies: 44
Views: 1645

Re: Best Netflix/YouTube interface for the Big Screen?

Our Samsung Smart TV's .. both 55", one a 7500 series the other an 8000 work best straight wi-fi. Using either from Sony Blu-Ray players wi-fi degrades the signal quite noticeably. The cleanest signal path is almost ALWAYS the best.
by midareff
Wed Jan 27, 2016 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Are these two funds "substantially identical?"
Replies: 18
Views: 639

Re: Are these two funds "substantially identical?"

JW-Retired wrote:Tracking a different index would be good enough for me, but only the IRS opinion counts and they probably won't share it.



Ditto.
by midareff
Mon Jan 25, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: Mike, the World's Most Patient Market Timer
Replies: 22
Views: 3125

Re: Mike, the World's Most Patient Market Timer

Why was January 2016 so obvious? Not that I believe in charts any differently than Tarot Cards, Tea Leaves or Palm Readers but there was a pattern that could indicate the bull's legs were tired. Length of bull run, market index pricing and a Shiller PE escalated far above norms for an extended time...
by midareff
Mon Jan 25, 2016 11:45 am
Forum: Investing - Theory, News & General
Topic: Mike, the World's Most Patient Market Timer
Replies: 22
Views: 3125

Re: Mike, the World's Most Patient Market Timer

Drops are only glaring in the rear view mirror, and are no indication that the amount dropped has reached maximum until well after it has. Catchy phrases such as catching a falling knife and dead cat bounce have come from such events. Buying low will always have benefits although you won't know tha...
by midareff
Mon Jan 25, 2016 10:47 am
Forum: Personal Consumer Issues
Topic: Netflix increasing prices. Will you keep it?
Replies: 52
Views: 6239

Re: Netflix increasing prices. Will you keep it?

We watch far more Netflix HD than any of the premium movie channels. Two bucks a month makes no difference to me in a world where a cup of restaurant coffee is $2.50.
by midareff
Mon Jan 25, 2016 10:43 am
Forum: Investing - Theory, News & General
Topic: Mike, the World's Most Patient Market Timer
Replies: 22
Views: 3125

Re: Mike, the World's Most Patient Market Timer

Drops are only glaring in the rear view mirror, and are no indication that the amount dropped has reached maximum until well after it has. Catchy phrases such as catching a falling knife and dead cat bounce have come from such events. Buying low will always have benefits although you won't know that...
by midareff
Mon Jan 25, 2016 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Exchanging Vanguard Funds
Replies: 1
Views: 206

Re: Exchanging Vanguard Funds

It can make sense to exchange funds when they are both down if it avoids capital gains or results in usable loss harvesting.
by midareff
Mon Jan 25, 2016 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 7028

Re: Most anticipated retirement purchase

More than one..... relocate to a friendlier city in Florida, I'm tired of Miami. Extended European travel at above standard accomodations and am looking forward to the next new car.
by midareff
Mon Jan 25, 2016 10:06 am
Forum: Investing - Theory, News & General
Topic: What is Your Bond Allocation & Location
Replies: 38
Views: 3850

Re: What is Your Bond Allocation & Location

Age 68 and retired 4 years for background, with a cola'd pension and drawing SS. Overall AA is roughly 40/57/3, equities/bonds/bank cash.In my IRA, which holds about 50% of total portfolio there is 30.5% of total portfolio in bonds, which breaks down to 20% IT IG Corp Index, 8% HY and 2.5% Gundlach'...

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