Search found 4528 matches

by midareff
Thu Apr 27, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 53
Views: 3292

Re: Porsche Lease

From someone who is 69 and seriously considering an AMG for the next B-day I'd say get what you want and go have fun with it. If it's a Boxster (had a 1998 and a 2000 S) I say be sure to locate your local Porsche Club of America branch and go autocrossing with it as it's way too fast a car to push ...
by midareff
Thu Apr 27, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 53
Views: 3292

Re: Porsche Lease

I'm far from a car snob but from my untrained eye a 2007 Boxster doesn't look much different than a 2017 Boxster. Yeah, don't rely so much on looks -- especially if you can't tell a 2007 from a 2017. You don't need to be a car snob to spot major differences in appearance. I dunno they look pretty s...
by midareff
Thu Apr 27, 2017 8:20 am
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 53
Views: 3292

Re: Porsche Lease

If you are going to YOLO it, don't do it half way I recently did this "Porsche Experience" at the Porsche Experience Center in L.A. I selected a 911 Carrera S, and I drove it on their closed course for 1.5 hours with an instructor helping me. There was a skidpad, a long acceleration strai...
by midareff
Thu Apr 27, 2017 8:19 am
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 53
Views: 3292

Re: Porsche Lease

From someone who is 69 and seriously considering an AMG for the next B-day I'd say get what you want and go have fun with it. If it's a Boxster (had a 1998 and a 2000 S) I say be sure to locate your local Porsche Club of America branch and go autocrossing with it as it's way too fast a car to push o...
by midareff
Tue Apr 25, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: $300+ to remove a racoon. Really?
Replies: 83
Views: 4360

Re: $300+ to remove a racoon. Really?

Have you asked the racoon if it an OK price to remove with it's family alive?
by midareff
Tue Apr 25, 2017 5:16 pm
Forum: Personal Consumer Issues
Topic: Help with Windows 10 automatic updates
Replies: 5
Views: 322

Re: Help with Windows 10 automatic updates

I'd go into power settings and set it to a long enough period of time before sleep, maybe even always on, that updates can be installed, however slowly, at the church automatically. I keep (so to speak) my finger on three computers here, a Win8, a Win 8.1 and a Win10. Nothing wrong with Win 10 ... ...
by midareff
Tue Apr 25, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 26
Views: 2208

Re: Does Portfolio Size Influence Stock/Bond Allocation?

Just curious about this. I have been fortunate to have a good job, and have been relatively frugal in my life. Now in my mid 40s I have a portfolio in the mid 7 figures, which according to the "averages" at least is well above most people's "number" that they might still be aimi...
by midareff
Tue Apr 25, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Help with Windows 10 automatic updates
Replies: 5
Views: 322

Re: Help with Windows 10 automatic updates

I'd go into power settings and set it to a long enough period of time before sleep, maybe even always on, that updates can be installed, however slowly, at the church automatically. I keep (so to speak) my finger on three computers here, a Win8, a Win 8.1 and a Win10. Nothing wrong with Win 10 ... g...
by midareff
Tue Apr 25, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Retiree Withdrawal Portfolio
Replies: 19
Views: 1626

Re: Retiree Withdrawal Portfolio

My mother recently retired. I'm helping her plan her retirement portfolio and I'd like to hear suggestions from members of the board. I'd appreciate specific suggestions as well as pointers towards resources for research and learning. Here's an approximate summary of her portfolio: She is 63 years ...
by midareff
Tue Apr 25, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: First post be gentle... credit card 24 month rule? [cancel then reapply to get the bonus]
Replies: 15
Views: 1075

Re: First post be gentle... credit card 24 month rule? [cancel then reapply to get the bonus]

I think much of this has to do with personal preferences and lifestyle. We are retired and traveling 6 or more times a year so airline cards with enough miles at signup to get a couple of one ways were worth it to us. So far in a typical year we will be on United, AA and Delta once or more. The $95 ...
by midareff
Tue Apr 25, 2017 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds
Replies: 31
Views: 1919

Re: Bonds

Yes, it is a good time to rebalance from equity funds to bond funds. I may have to do so since yesterday my portfolio was just a tad below my rebalancing trigger point and will probably exceed the trigger point today. So if I am going to do it, I don't think it can be a bad time for anyone else to ...
by midareff
Tue Apr 25, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Software Quicken 2017 Online Version or PC based] , Personal Capital, Mint, or QuickBooks?
Replies: 13
Views: 1061

Re: Personal Finance Software Quicken 2017 Online Version or PC based] , Personal Capital, Mint, or QuickBooks?

While not one of the flavors you cited I track everything from investment performance to budget in a series of excel books. Having come from an environment where we used lots of programmed spreadsheets at the office prior to retirement I was somewhat knowledgeable about programming excel to start fr...
by midareff
Tue Apr 25, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: co-worker had a baby, chipping in on gift- how much?
Replies: 57
Views: 2839

Re: co-worker had a baby chipping in on gift- how much?

If you are comfortable with $10 than that is what you should kick in. If you are OK with $20 than that would be the amount. I think the individual office culture is what makes it acceptable or not.
by midareff
Mon Apr 24, 2017 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage at 75 ?
Replies: 15
Views: 1770

Re: Mortgage at 75 ?

Will be 70 in December and have a mortgage. At 3.0% interest and a Fed target of 2% inflation leaving the money in the market is perfectly OK with me. By the time you get half way into this that payment will start looking more like lunch money.
by midareff
Sun Apr 23, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Relatively "Safe" Place to Earn 2.5%-4%
Replies: 24
Views: 3180

Re: Relatively "Safe" Place to Earn 2.5%-4%

There are a variety of insured banks offering 2.3% CD's. Check bankrate.com
by midareff
Sun Apr 23, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 4042

Re: Is $20K I-Bonds considered cash or bond?

I consider a bond a bond whether it is corporate, government or municipal, and consider cash as cash in the bank. If your target AA is 70/30 than the iBonds are part of your 30% bonds in my opinion.
by midareff
Sun Apr 23, 2017 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 167
Views: 17410

Re: Any regrets living a frugal life for high income/high networth individuals?

I wasn't really sure how this measured, but I used this https://dqydj.com/net-worth-by-age-calculator-for-the-united-states/ Which is using data from the 2013 Federal Survey of Consumer Finances (2016 survey data doesn't appear to be out yet) :thumbsup to what WolfgangPauli said.... I can't think o...
by midareff
Sun Apr 23, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Differential aggressiveness for ROTH vs 401K
Replies: 31
Views: 2327

Re: Differential aggressiveness for ROTH vs 401K

Have started my 6th year of retirement and next B-day will be 70. Roth is roughly 6% of total portfolio and is all stock funds. I have always used it for sector plays @ Fidelity (very un-Bogleish) and have simply been lucky :mrgreen: with that over a very long term. The other 94% is invested very Bo...
by midareff
Sun Apr 23, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% unlimited Cash back Card - Weird...
Replies: 28
Views: 2900

Re: USAA 2.5% unlimited Cash back Card - Weird...

BTW... anyone know if you can join USAA if you were never in the military? I joined PenFed by a donation to Friends of the Military, can that be done with USAA? I've several USAA ads where relatives of members were allowed to join. Not sure how close the relative has to be but children of members, ...
by midareff
Sun Apr 23, 2017 8:18 am
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 4946

Re: Six pack for barbecue?

It's pretty clear you're not much of a beer drinker. A 6-pack means bottled beers. I would not bring something like Bud or Bud Light. Bring a nice summertime beer like a Sierra Nevada Kellerweis Hefeweizen. Sierra Nevada has wide distribution and should be available just about anywhere for a standa...
by midareff
Sun Apr 23, 2017 8:06 am
Forum: Investing - Theory, News & General
Topic: Ben Carlson Drawdown Chart
Replies: 18
Views: 3793

Re: Ben Carlson Drawdown Chart

Thank you so much. More reinforcement of "Time In the Market" vs. "Market Timing" J I saw no charts relevant to that? The best in days and best out days would have been a good addition because a heck of lot of people like you falsely believe the self-serving Wall Street propagan...
by midareff
Sun Apr 23, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 4946

Re: Six pack for barbecue?

It's pretty clear you're not much of a beer drinker. A 6-pack means bottled beers. I would not bring something like Bud or Bud Light. Bring a nice summertime beer like a Sierra Nevada Kellerweis Hefeweizen. Sierra Nevada has wide distribution and should be available just about anywhere for a standa...
by midareff
Sun Apr 23, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: How would tax bracket changes affect the value of munis?
Replies: 7
Views: 685

Re: How would tax bracket changes affect the value of munis?

The difference wouldn't be that great. Intermediate-term municipal bonds currently yield 2.12% (yield of Vanguard Intermediate-Term Tax-Exempt plus expense ratio). If investors currently believe the break-even tax rate is 25% (my usual assumption), then these bonds have the same risk as corporate b...
by midareff
Sun Apr 23, 2017 7:40 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% unlimited Cash back Card - Weird...
Replies: 28
Views: 2900

Re: USAA 2.5% unlimited Cash back Card - Weird...

Credit card companies do weird things at times. About a year or so ago I was refreshing the wardrobe at TJ Maxx and since the purchase was going to be in the few hundred range decided I would take the additional 10% new card applicant discount beside my senior Monday discount. Did the appropriate pa...
by midareff
Sun Apr 23, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: How would tax bracket changes affect the value of munis?
Replies: 7
Views: 685

Re: How would tax bracket changes affect the value of munis?

The difference wouldn't be that great. Intermediate-term municipal bonds currently yield 2.12% (yield of Vanguard Intermediate-Term Tax-Exempt plus expense ratio). If investors currently believe the break-even tax rate is 25% (my usual assumption), then these bonds have the same risk as corporate b...
by midareff
Sat Apr 22, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: Excel Solver for Portfolio Rebalancing across Multiple Accounts
Replies: 13
Views: 1496

Re: Excel Solver for Portfolio Rebalancing across Multiple Accounts

It can be as simple as it sounds. Every fund has a % allocation of your total regardless of its placement in your accounts. (1) % allocation X today's total portfolio $ is how much should be in that fund. (2) # shares X today's price = how much is in that fund today. (1) minus (2) equals $ variation...
by midareff
Sat Apr 22, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 51
Views: 3484

Re: Issue With Real Estate Agent (Seller)

I have seen times when a listing agent not only won't show for a prospective buyer with another realtor but actually discourages the showings so they can concentrate on them being the exclusive agent (both sides of the commission) via direct contacts from the web and multiple services. If a realtor ...
by midareff
Sat Apr 22, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - Savings Account Rate Increased!
Replies: 70
Views: 7863

Re: Ally Bank - Savings Account Rate Increased!

Thanks for pointing that out... I missed it in my earlier login. See it now :mrgreen:
by midareff
Fri Apr 21, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: Car Choices
Replies: 45
Views: 3402

Re: Car Choices

If you are willing to give it one more shot have them run a compression test. I would suspect a hot leak through the head gasket which should show up on a compression test. If not willing almost anything Japanese or Korean should hold up well.. personal comfort while operating being the key.
by midareff
Fri Apr 21, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: How much to pay a housekeeper?
Replies: 23
Views: 2645

Re: How much to pay a housekeeper?

This may or may not be helpful..... condo 2br/2bath.... Miami, Florida..... we use a service every other week that has some continuity of service personnel. Sometimes they send two, sometimes three and supply all their own cleaners, mops, vacuum, etc. They are very thorough and periodically even wip...
by midareff
Fri Apr 21, 2017 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Dedicating your bonus to something
Replies: 30
Views: 2814

Re: Dedicating your bonus to something

I haven't achieved BH status but I'll reply. I think putting the bonus towards the mortgage is a good idea. That's what I did and I paid my mortgage off a year ago. The bonuses helped but I really attacked the mortgage year round and had excess savings sitting in cash. This year I invested my bonus...
by midareff
Fri Apr 21, 2017 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Can Power of Attorney override POD designations?
Replies: 12
Views: 1431

Re: Can Power of Attorney override POD designations?

You best do it before you health deteriorates too far or it may be too late. With that said, it's my understanding that most durable POAs give the agent power to do whatever you could do. If you can change the POD clause of your CDs, agents with POA powers could do the same. If you don't trust them...
by midareff
Fri Apr 21, 2017 7:19 am
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 98
Views: 8009

Re: Best take it everywhere camera

Quote Tn_Boy "Cool visit to Cuba! Assume these are from the Samsung? I like those pictures, great colors and well composed (I especially like what I assume is a panorama of the Morro Castle) , but they don't sway my opinion that a better camera gets you better pictures. But, the cell phone is ...
by midareff
Thu Apr 20, 2017 5:49 pm
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 98
Views: 8009

Re: Best take it everywhere camera

Quote Tn_Boy "Cool visit to Cuba! Assume these are from the Samsung? I like those pictures, great colors and well composed (I especially like what I assume is a panorama of the Morro Castle) , but they don't sway my opinion that a better camera gets you better pictures. But, the cell phone is e...
by midareff
Thu Apr 20, 2017 8:31 am
Forum: Personal Consumer Issues
Topic: Booking united award tickets with 2 accounts
Replies: 13
Views: 1316

Re: Booking united award tickets with 2 accounts

When I do splits like this I do it with a reservation agent of the airline. No issues so far.
by midareff
Thu Apr 20, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Fidelity card 2% but NOT as statement credit
Replies: 27
Views: 2531

Re: Fidelity card 2% but NOT as statement credit

For those like me who have both Fidelity and Citi double cash and think of both as their 2% cards, I learned something interesting today. I had decided that instead of putting the money into my son's 529, that I would instead take advantage of the statement credit. Going through the process, indeed...
by midareff
Thu Apr 20, 2017 8:28 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 332
Views: 33751

Re: Larry Swedroe says "Goodby."

Larry.... with four of your books on my shelf I am simply grateful for the time you have spent helping us make more intelligent investment decisions. I am into my sixth year retired now and my standard of retired life has been helped immeasurably by your posts and books. While I selfishly hope you t...
by midareff
Thu Apr 20, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 98
Views: 8009

Re: Best take it everywhere camera

As far as I can make out by looking at iPhone7 and iPhone7+ images, I could not see the "intelligent" merge. I see two images; in one the background have been mostly washed out but the faces have more light; the second one has the detail in the background but the faces are now dark. Are t...
by midareff
Tue Apr 18, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: How to make best use of lunch with the company president/CEO?
Replies: 55
Views: 5214

Re: How to make best use of lunch with the company president/CEO?

Why not treat them like a normal person / employee? You can ask them what their 3 biggest worries are, why they like their job, what they hate about their job, what keeps them from sleeping at night, where they will be in 3 years, what drives them, why are they still working, etc. What questions wo...
by midareff
Tue Apr 18, 2017 9:02 am
Forum: Investing - Theory, News & General
Topic: everywhere we are encouraged to trade and to our detriment
Replies: 31
Views: 3069

Re: everywhere we are encouraged to trade and to our detriment

John Bogle and Warren Buffet are so right when they tell us to invest for the long term to hold on to our purchasing power of our monies and not speculate. We all know this. Now let`s do it ! Yes! You're right! Let's do it! Let's.... sit quietly and do nothing while our investments grow. :sharebeer...
by midareff
Tue Apr 18, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4667

Re: If a doctor takes your insurance, must they accept the negotiated rate?

could be as simple as an office billing error. I'd check there and have them document the how, why and wherefore first. I get one or two a year of these annually and they clear up quickly when you get a live person on the phone.
by midareff
Tue Apr 18, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 6026

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

Ok! I have decided to do this myself, no advisors/no fees. I know the advantages of 401k and IRA but the fact is that the money is sitting on a bank account. My question is about an individual taxable brokerage account. My biggest question is, does the portfolio above look ok? What would you change...
by midareff
Tue Apr 18, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 1755

Re: $10 withdrawal by the IRS?

How sure are you it is the IRS? I would be a skeptic and make sure no extra money was in that account, it doesn't pass the smell test for me. The description of the debit is consistent w/ other IRS-related transactions: ACH W/D: IRS TYPE: USATAXPYMT CO: IRS I should also mention I made an estimated...
by midareff
Tue Apr 18, 2017 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Which book is best to start with ?
Replies: 12
Views: 949

Re: Which book is best to start with ?

MPLSTCH wrote:We are within a year or two of retirement. Which book is geared more towards us? Should one or the other be read first?

Bogleheads Guide to Investing
Bogleheads Guide to Retirement Planing



Doesn't matter, just start.
by midareff
Tue Apr 18, 2017 8:19 am
Forum: Investing - Theory, News & General
Topic: Janus Unconstrained, almost three years in...
Replies: 27
Views: 3423

Re: Janus Unconstrained, almost three years in...

Hard to believe it's almost three years..... seems like I was just reading the breaking news on this a few months ago. Time is moving past way to quickly now.
by midareff
Tue Apr 18, 2017 8:08 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 1755

Re: $10 withdrawal by the IRS?

How sure are you it is the IRS? I would be a skeptic and make sure no extra money was in that account, it doesn't pass the smell test for me.
by midareff
Tue Apr 18, 2017 8:06 am
Forum: Investing - Theory, News & General
Topic: Investors backing off their equity AA primarily due to 8-year bull market?
Replies: 56
Views: 4546

Re: Investors backing off their equity AA primarily due to 8-year bull market?

OP, Strictly looking at the threads posting on this forum, the answer is no. There are more and more people planning to get into 100/0. KlangFool as the cows head for the slaughter. Yep, deciding to go "all in" with equities now reeks of performance chasing. Markets are up 15% since Novem...
by midareff
Tue Apr 18, 2017 8:01 am
Forum: Investing - Theory, News & General
Topic: RMD Question
Replies: 6
Views: 685

Re: RMD Question

I think this has been made to be more complicated than it needs to be. I have a 15 year younger spouse so I looked up the division factors from the appropriate IRS sheets and laid them out in excel. Plug in the 12/31 ending IRA $ value and divide by that year's factor. FWIW, my first years factor is...
by midareff
Tue Apr 18, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Performance Tracking questions
Replies: 2
Views: 291

Re: Portfolio Performance Tracking questions

Questions Please: - How safe and secure is it to have all my personal portfolio info. on Morningstar? I consider M* to be safer than any financial site you treat equally with regard to password security. Nothing can be transacted from M* and even if someone got your password they would have no idea ...

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