Search found 4631 matches

by midareff
Wed May 31, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Using LastPass to Manage Passwords
Replies: 38
Views: 3193

Re: Using LastPass to Manage Passwords

When it comes to passwords, I've been old-fashioned, in that I have all my passwords written on a piece of paper and hidden in a safe location. I'm starting to think that the "invent my own password and manually type in" method may not be the most secure. My main concern is financial acco...
by midareff
Wed May 31, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Stick out miserable job for health insurance in retirement?
Replies: 57
Views: 7736

Re: Stick out miserable job for health insurance in retirement?

If you are miserable there is no point in betting on an unknown. Fortunately, my former employer (a large municipality) let me purchase (at full cost) health coverage for my wife until she is Medicare eligible before my retirement date. While my current Medicare and Supplement are a little less expe...
by midareff
Wed May 31, 2017 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Condo Assoc seeking thoughts
Replies: 24
Views: 2229

Re: Condo Assoc seeking thoughts

Everything that has a periodic wear out or replacement schedule should be on a replacement reserve. Roofs, exteriors if common property, parking areas and drives if common, etc.
by midareff
Wed May 31, 2017 7:17 am
Forum: Investing - Help with Personal Investments
Topic: About to retire
Replies: 11
Views: 1721

Re: About to retire

I'll be 70 this year so RMD starts next year. Have been draining taxable and Roth. Will start monthly RMD next year and be draining all three simultaneously.
by midareff
Wed May 31, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Predicted 4% return over next decade. What do you do now?
Replies: 71
Views: 6581

Re: Predicted 4% return over next decade. What do you do now?

27 years is a long time. Be sure you invest enough of your earnings that you reach your goals, regardless of what Mr. Market may provide you. There are no guarantees of cha-ching, cha-ching.
by midareff
Wed May 31, 2017 7:09 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 107
Views: 13511

Re: i am my own "guy," but not sure I should advertise that

Unfortunately , in the few instances when I've mentioned using low cost index funds to family members, the reactions were something like: Investing is gambling or I want to make more than just the market return. I take this as evidence that they only see stocks in terms of speculative returns, look...
by midareff
Mon May 29, 2017 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Pay Debt or invest with my Unique situation. Help!
Replies: 23
Views: 1948

Re: Pay Debt or invest with my Unique situation. Help!

Taking the match is free money, never to be refused. You are paying 7% interest and paying that off is equivalent to receiving a guaranteed 7% return on your portfolio money. I would work a budget that keeps the match(s) and pays off the debt as quickly as possible.
by midareff
Sun May 28, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal questions
Replies: 10
Views: 1280

Re: Withdrawal questions

I have to start RMD next year .. which seems to be approaching way to fast. It will be done by automatic monthly withdrawals direct to my banks checking account from a short term bond index fund. The bond index fund will hold between two and two and a half years of draw and be rebalanced annually to...
by midareff
Sat May 27, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Havings twins
Replies: 24
Views: 2313

Re: Havings twins

You are blessed as are they. Strap yourself in for a long fun ride.
by midareff
Sat May 27, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding ROTH IRA conversion and taxes owed
Replies: 12
Views: 599

Re: Question regarding ROTH IRA conversion and taxes owed

Roth withdrawals in accordance with IRS policy are tax exempt. The tax liability was the conversion (withdrawal) from the traditional and subsequent deposit to the Roth. Once the tax liability was established in the withdrawal from the traditional IRA for the conversion purpose the rest was bnot a t...
by midareff
Sat May 27, 2017 12:23 pm
Forum: Investing - Theory, News & General
Topic: History: Tulip Fever
Replies: 13
Views: 1990

Re: History: Tulip Fever

I've long been curious about what the Florida land boom was really "like," ever since I read a novel that described some of it. The thing that made it interesting is that the boom was not really in real estate at all, it was in "binders" that gave you the right to buy real estat...
by midareff
Sat May 27, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: am I the victim of ID theft?
Replies: 15
Views: 1981

Re: am I the victim of ID theft?

Call the local rental office... I'm sure they are open and get the manager, including full name. Report the discrepancy and alert them to what you suspect.
by midareff
Sat May 27, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 74
Views: 8350

Re: When does Saving become missing out on life?

Something I've personally been struggling with lately, when does saving become obsessive? At 33, I find myself being obsessed with saving and cutting corners as much as I can (I don't even pay for Cable or Trash Service; only use netflix and convinced parents to let me use their trash service (they...
by midareff
Sat May 27, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Pay off car loan?
Replies: 17
Views: 1503

Re: Pay off car loan?

An Ally savings account pays 1.05%, and you are paying 1.09% interest. I'd say invest the money and continue to pay the car loan from monthly cash flow. I believe there is good and bad debt, 1.09% is good debt as long as it can be paid from monthly cash flow.
by midareff
Sat May 27, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: REITS in my Roth - "stay the course?"
Replies: 6
Views: 1036

Re: REITS in my Roth - "stay the course?"

I've owned REITs (VG) in my IRA for a long time targeted at 10% of total portfolio. According to M* it has a prior 12 month dividend distribution of 4.41%, which seems to be right in the middle of the expectation for the returns of stocks. It is more volatile than most index funds so I treat it a bi...
by midareff
Sat May 27, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding Taxes with RMD
Replies: 59
Views: 6669

Re: Avoiding Taxes with RMD

Same boat... 70 later this year and will start RMD next year to avoid a double RMD hit in calendar 2019. SS, pension, taxable dividends, tax-exempt dividends and no place to hide. Have already done Roth conversions to the top of the 15% bracket, accumulated tax loss harvesting and will be looking at...
by midareff
Sat May 27, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Meeting with retirement guru, specializes in federal govt employees
Replies: 72
Views: 7036

Re: Meeting with retirement guru, specializes in federal govt employees

FWIW, my former municipal government brought in pre-retirement folks and had sessions all over the county. It was all paid for by the 457(b) participant companies who of course pitched leaving deferred compensation money with them (ha, ha!). Also went to a couple of financial advisor sessions that (...
by midareff
Thu May 25, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: best way to buy tires
Replies: 62
Views: 4903

Re: best way to buy tires

Tirerack.com Good quality, good prices, good advice. They deliver to an installer near you. Agreed, just ordered a replacement pair two weeks ago. Ordered on a Sunday, shipped Monday and delivered to the mobile installer on Wednesday. Installed on the car at my home Thursday. It can't get any easier.
by midareff
Thu May 25, 2017 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund too large
Replies: 19
Views: 2852

Re: Emergency Fund to large

I agree 100% with livesoft. Either you want to invest this money......or you don't. If you do, invest it per your existing IPS and you're done. It takes 5 minutes to do. If you don't, then put it into something like a 5 year Ally CD at 2.25% with 150 day early withdrawal penalty. That's about as go...
by midareff
Thu May 25, 2017 8:52 am
Forum: Investing - Theory, News & General
Topic: The dot com "do over" bull market?
Replies: 82
Views: 7915

Re: The dot com "do over" bull market?

This time it's different! :oops: Sure is.. this time we have just about the second highest pre-crash Shiller ever.. just about tied with Black Tuesday. This time we have the second longest bull run on record and are thinking it will never end. This time we are thinking about tax reform, repatriatio...
by midareff
Thu May 25, 2017 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Which accounts to consider in AA
Replies: 10
Views: 960

Re: Which accounts to consider in AA

I count everything as stocks, bonds and bank cash all have allocations.
by midareff
Thu May 25, 2017 8:38 am
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 146
Views: 7310

Re: How dividends become irrelevant?

I'm retired and having a good time spending my irrelevant dividends.
by midareff
Thu May 25, 2017 8:33 am
Forum: Investing - Theory, News & General
Topic: Thoughts on (fear of?) investing: money won vs. money earned
Replies: 27
Views: 1946

Re: Thoughts on (fear of?) investing: money won vs. money earned

First, I think you have to consider your statement "But the funny thing is that, while not close to $500k, we do have more in cash than we could need for an emergency, so the rest should be invested." Perhaps your idea of an emergency is loss of employment or other event such as accident o...
by midareff
Wed May 24, 2017 6:57 am
Forum: Investing - Theory, News & General
Topic: Are risk factors just ways to take on additional risk?
Replies: 28
Views: 1284

Re: Are risk factors just ways to take on additional risk?

Remember the "Foolish Four" which was an investing rage until they discovered that on a risk adjusted basis it wasn't a very good idea.
by midareff
Wed May 24, 2017 6:56 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 107
Views: 13511

Re: i am my own "guy," but not sure I should advertise that

Those who know me know I handle my portfolio myself. Those who ask generally think investing is some form of mystic science they could never understand and don't want to put the time into reading and learning how simple it is.
by midareff
Tue May 23, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Firefox painfully slow
Replies: 34
Views: 3517

Re: Firefox painfully slow

delamer wrote:Also have not had any significant problems with Firefox.



or any problems actually
by midareff
Tue May 23, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Lazy way to increase returns on cash in Vanguard
Replies: 22
Views: 2424

Re: Lazy way to increase returns on cash in Vanguard

Ally Savings is 1.05% and you can time CD's with higher rates if you plan to DCA in over time. I believe you can check CD rates at www.bankrate.com
by midareff
Tue May 23, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: To auto loan or not to auto loan?
Replies: 23
Views: 1443

Re: To auto loan or not to auto loan?

PenFed gave me 1.49% 5 year financing on a new Benz almost 5 years ago. Since my investment return has averaged over 8% annually since then it seems like it was a wise move to leave the money in the market. They are still offering 1.49% but with a three year cap and I expect I'll take advantage of t...
by midareff
Tue May 23, 2017 9:36 am
Forum: Personal Consumer Issues
Topic: Tea recommendations
Replies: 10
Views: 1098

Re: Tea recommendations

Try www.teaspring.com when I was a heavy tea drinker I ordered from them frequently. Everything always came in quickly, perfectly packaged and exactly as described.
by midareff
Tue May 23, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 9320

Re: Net worth is overrated

Net worth is over rated when it isn't your net worth.
by midareff
Mon May 22, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Why Invest in Average?
Replies: 34
Views: 3170

Re: Why Invest in Average?

I invest in average because over an extended time period I will be better than at least 92% of those who didn't see things that way. That's still an A in my book with no use of time or sleepless nights.
by midareff
Mon May 22, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my non-US citizen fiancée
Replies: 9
Views: 1039

Re: Help me help my non-US citizen fiancée

FWIW... we have just gone through the process of obtaining residence and applying for citizenship for my Thai wife. #1. The process of obtaining a Fiance Visa will take 8 to 10 months at best. Get the application going and DO NOT get married here until you have the Visa, and she has entered the US o...
by midareff
Mon May 22, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?
Replies: 21
Views: 1213

Re: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?

I wish them nothing but the best but have a personal understanding of some of the complexities when distances are involved. True or when any finances are involved. If he were sell his property, not own any of his own, move in with her (helping her pay her mortgage) and then something were to happen...
by midareff
Mon May 22, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?
Replies: 21
Views: 1213

Re: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?

Living out of state and visiting at your vacation home and full time are worlds apart. Each other's warts will look larger. That is true, although she has been living with him full time at his residence since last fall. She will soon be going home for the summer. I wish them nothing but the best bu...
by midareff
Mon May 22, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Company "Case Manager"
Replies: 15
Views: 1481

Re: Health Insurance Company "Case Manager"

Perspective may be everything... your son is AOK, that's all that is important. If there are some charges that are in accordance with your insurance there is nothing to be annoyed about, your son is AOK. I recently had a hip redone and lots of folks contacted me after I got home from home nurses and...
by midareff
Mon May 22, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?
Replies: 21
Views: 1213

Re: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?

I'd say never count on an outcome two years from now when a g/f is involved. Find a place he can put up with for two years as a rental that allows a dog. Good point. They could split up by then. They get along well now but who knows? Living out of state and visiting at your vacation home and full t...
by midareff
Mon May 22, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: rebalance or not
Replies: 5
Views: 330

Re: rebalance or not

I was asked one day about a year ago by a fellow I was discussing stock market stuff with if I followed my written plan religiously. I said yes, my plan does not allow subjective evaluation at points where execution of specific instructions are required. If you are questioning your plan perhaps a re...
by midareff
Mon May 22, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Risks of electronic access
Replies: 57
Views: 4732

Re: Risks of electronic access

All credit cards I know of in this country (USA) have fraud protection so I have zero concern about them although I do check them a couple times a month. I do zero financial transaction by smartphone. Don't even have their apps on my phone. I use long strong passwords (14-16 aLpHa numeric) character...
by midareff
Mon May 22, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Shocking car insurance quote
Replies: 39
Views: 4937

Re: Shocking car insurance quote

Call GEICO for a quote as well.
by midareff
Mon May 22, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?
Replies: 21
Views: 1213

Re: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?

I'd say never count on an outcome two years from now when a g/f is involved. Find a place he can put up with for two years as a rental that allows a dog.
by midareff
Mon May 22, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 9320

Re: Net worth is overrated

It's just a way of keeping score and tracking progress. So is a box score in baseball, half time in football and so forth.
by midareff
Sun May 21, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Place to put Cash - short term
Replies: 30
Views: 3851

Re: Place to put Cash - short term

You don't say what "short term" actually means in this situation. Bond funds have yield they also fluctuate in NAV (share price). CD's also have a surrender charge for early termination but they do not lose value like bond funds can. A bank money market or savings account is another possi...
by midareff
Sun May 21, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Lump Sum - Insured Parking Spot [for money]
Replies: 10
Views: 1288

Re: Lump Sum - Insured Parking Spot

I believe the OP is referring to the 250K FDIC limit on a single account. My recommendation would be to open up 6 different money market (savings) accounts at different large banking institutions and keep only 250K at each such that until the money is invested the full amount has FDIC coverage. You...
by midareff
Sun May 21, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Place to put Cash - short term
Replies: 30
Views: 3851

Re: Place to put Cash - short term

You don't say what "short term" actually means in this situation. Bond funds have yield they also fluctuate in NAV (share price). CD's also have a surrender charge for early termination but they do not lose value like bond funds can. A bank money market or savings account is another possib...
by midareff
Sat May 20, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 63
Views: 5076

Re: Interesting conversation with an alleged SS actuary

My retirement strategy would really come into focus if I knew when I was going to die.
by midareff
Sat May 20, 2017 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Return visitor in need of a little assistance
Replies: 13
Views: 1021

Re: Return visitor in need of a little assistance

ruralavalon wrote:
livesoft wrote:Do nothing and stop worrying.

See you next year. :)

Good advice, that's my first choice.

Second choice is increase your bond allocation to 30% or 40%, and then stop worrying.



Agree... both are sound reasonable choices.
by midareff
Sat May 20, 2017 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Job loss
Replies: 28
Views: 2390

Re: Job loss

I lost a job do to sale of a company when I was late 30's, married, baby, mortgage, almost no reserves. 1. You get some form of income flowing through any legal job.... phone sales, flippin' burgers, etc. #2. Treat it as an opportunity to do better. Get your resume together, and I suggest you do so ...
by midareff
Sat May 20, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 64
Views: 3922

Re: Anyone else track the value of their investments by discounting the value of equities?

I track the worth my investable assets 2 ways. One, the traditional way, adding everything up and seeing what the total is. The second way is by discounting the value of equities by 40% and adding them up giving me a "Bear Market" value for my investable assets. This way I feel I truly un...
by midareff
Fri May 19, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Upcoming travel plans with electronics
Replies: 22
Views: 1692

Re: Upcoming travel plans with electronics

We are getting ready to leave for Alaska and have been following the issues too. I don't trust Pro cameras in checked bags and wife doesn't trust her tablet there. Worst case, take the ferry back to Bellingham, which has an Amtrak station:) https://en.m.wikipedia.org/wiki/Alaska_Marine_Highway Joke...

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