Search found 4344 matches

by midareff
Sun Jan 22, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Load up on cash - it might be one of your best investments
Replies: 53
Views: 8533

Re: Load up on cash - it might be one of your best investments

In my case, holding a wad of cash probably saved my life. I was being admitted to Sloan-Kettering for surgery the next morning and there was a problem with my insurance (employer was changing carriers), so they demanded upfront payment of my estimated hospital charges (not including doctor fees), t...
by midareff
Sun Jan 22, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: Unidirectional rebalancing?
Replies: 14
Views: 1053

Re: Unidirectional rebalancing?

Ignoring the nuances of the Prime Harvesting approach, is anybody out there just establishing a target AA and ONLY rebalancing from stocks to bonds? You may find some recency bias attached to this one since the equities market has been rising somewhat steadily for about 8 years. To maintain the sam...
by midareff
Sun Jan 22, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: Cash flow for financial independence
Replies: 18
Views: 1793

Re: Cash flow for financial independence

"I also have started a list of simple business ideas that would create monthly cash flow with very little continual time commitment (car wash, laundry mat, storage unit building, etc...)" All of those are businesses that require work by the principal, even if they have a manager. Payroll, ...
by midareff
Sun Jan 22, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: American Century decreasing stock allocations - Interesting article
Replies: 16
Views: 2024

Re: American Century decreasing stock allocations - Interesting article

One more strategist's prognostications. I suppose they do have to do and say something to justify the fees, whether or not that produces any tangible benefits to anyone but them is another issue. Asset allocation and balance bands.... yawn.... ignore the noise.
by midareff
Sun Jan 22, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Morningstar Portfolio Tracking or is there a better tracker?
Replies: 30
Views: 2975

Re: Morningstar Portfolio Tracking or is there a better trac

I use M*'s tracker for a variety of data from SEC, Duration, YTD (kinda meaningless), 12 month total return., 12 month dividends (for projections), and a few other things the most important of which is today's prices. I say that because I (download) export the portfolio and let the PC update my exc...
by midareff
Sat Jan 21, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: Does it matter which index Bond fund you invest in?
Replies: 16
Views: 1625

Re: Does it matter which index Bond fund you invest in?

Jack has said he invests in it... (not the LQD)... good enough reference for me.
by midareff
Sat Jan 21, 2017 8:39 am
Forum: Investing - Theory, News & General
Topic: International equity allocation - do you tilt to EM?
Replies: 22
Views: 1599

Re: International equity allocation - do you tilt to EM?

I used to tilt to EM, SV and International Small..... Retirement and increasing age reduced (over time) the need to acquire, or hope for, extra tenth's of a percent of performance. Now just Total US, Total International, REITS and Healthcare on the equity side.
by midareff
Thu Jan 19, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2455

Re: Never had a credit card, should I get one?

I think credit cards are wonderful... that is, when used properly. I would never think of using a card that doesn't provide a benefit of one kind or another, and have a strong preference for cash back. Since we are retired and travel frequently I have added a couple of airline cards for the free che...
by midareff
Thu Jan 19, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: Toaster Oven Recommendations
Replies: 34
Views: 1738

Re: Toaster Oven Recommendations

We have a Breville .. the larger 1 cu/ft model. Wife uses it all the time for last 4 years. If something happened would buy again.
by midareff
Mon Jan 16, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Market Sentiment: How do we measure
Replies: 5
Views: 380

Re: Market Sentiment: How do we measure

I try not to gauge or measure things that will not make a difference to me or my investments in the market. Balance bands Ned, balance bands.
by midareff
Sun Jan 15, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Receipts [Retaining purchase receipts]
Replies: 28
Views: 1237

Re: Receipts [Retaining purchase receipts]

Scan receipts of things with warranties. Scan the manuals as well. Toss the rest.
by midareff
Sat Jan 14, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa 2% cash back
Replies: 73
Views: 7885

Re: Fidelity Rewards Visa 2% cash back

I use both Capital One VISA (Spark) and Fidelity VISA (both 2% cash back) quite extensively for personal and business transactions, probably $75,000 per month. I prefer the Capital One over the Fidelity card with regards to their website, ease of use with payments, mobile app. I believe AMEX has a ...
by midareff
Sat Jan 14, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: cruise around the world
Replies: 16
Views: 1499

Re: cruise around the world

We have cruised quite a few times, both ocean and river. We prefer river due to smaller ships and a more crafted experience with land excursions and dining. Costs vary greatly depending from lower decks inside cabins to top deck suites with verandas. I also recommend http://www.vacationstogo.com/ an...
by midareff
Sat Jan 14, 2017 9:13 am
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7310

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

Who would have more income as a retiree than when they're working? Sheepishly raising hand........ but I planned it that way. Lived responsibly, maxed my deferred compensation for 27 years including all the way through three years of double up. maxed Roth and contributed to taxable. Now we travel n...
by midareff
Sat Jan 14, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9188

Re: How much do you typically spend in a restaurant?

We eat out more often than you do, averaging 10 to 15 times a month for fun as we are retired. I'd say it's roughly even between breakfasts, lunches and dinners. Perhaps a bit frequently for lunch than the others. It's rarely fast food so breakfast (with tip) is about $30, lunch roughly the same. Di...
by midareff
Sat Jan 14, 2017 8:41 am
Forum: Investing - Theory, News & General
Topic: 100% equities in Roth part of portfolio?
Replies: 19
Views: 2131

Re: 100% equities in Roth part of portfolio?

As I was looking at my portfolio as a whole, I was reminded to expect equities to generate more income than bonds over the long haul. Then I noticed much of the Roth part of the portfolio was in bonds. The regular IRA part, from which I have to draw out RMDs, also has a combination of bonds and sto...
by midareff
Thu Jan 12, 2017 9:45 am
Forum: Personal Consumer Issues
Topic: Where Can a Self-Supporting Retiree Move?
Replies: 32
Views: 3471

Re: Where Can a Self-Supporting Retiree Move?

Pajamas wrote:Where does a 400 pound gorilla sit?

Anywhere it wants to.

Where can a 4,000,000 dollar retiree move?

Anywhere it wants to.



+1... write check to local immigration lawyer and settle in.
by midareff
Thu Jan 12, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 10
Views: 671

Re: Playing with Excel Pie Charts: Asset Allocation Visualizer

neurosphere wrote:Any other major asset classes missing?




You might consider a slice for cash.. retired people can easily keep a meaningful slice of cash, money market & cash like CD's.
by midareff
Wed Jan 11, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 10
Views: 671

Re: Playing with Excel Pie Charts: Asset Allocation Visualizer

I use pies in excel to cover many things from income to expenses, AA, alpha against benchmark and so forth. Interesting work you have there but might it be a bit too complex for a client to comprehend? Ha! Definitely NOT meant for clients! :shock: This is meant for extreme slicers and dicers on Bog...
by midareff
Wed Jan 11, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 10
Views: 671

Re: Playing with Excel Pie Charts: Asset Allocation Visualizer

I use pies in excel to cover many things from income to expenses, AA, alpha against benchmark and so forth. Interesting work you have there but might it be a bit too complex for a client to comprehend? Ha! Definitely NOT meant for clients! :shock: This is meant for extreme slicers and dicers on Bog...
by midareff
Wed Jan 11, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 10
Views: 671

Re: Playing with Excel Pie Charts: Asset Allocation Visualizer

I use pies in excel to cover many things from income to expenses, AA, alpha against benchmark and so forth. Interesting work you have there but might it be a bit too complex for a client to comprehend?
by midareff
Wed Jan 11, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Ft. Lauderdale
Replies: 8
Views: 892

Re: Ft. Lauderdale

You might have a drive to the Dania Beach pier... there is a good spot for lunch there if you get tired of the sand named the Quarterdeck.
by midareff
Wed Jan 11, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Shutterbugs - How do you organize your digital photos?
Replies: 44
Views: 2730

Re: Shutterbugs - How do you organize your digital photos?

wcshaff wrote:Recent post mentioned Graphic Converter for Macs that enables you to write directly to the photo metadata. Does anyone use a similar program for Windows? I have tried several but to date they are all lacking.



Lightroom lets you change or overwrite the metadata.
by midareff
Wed Jan 11, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: Shutterbugs - How do you organize your digital photos?
Replies: 44
Views: 2730

Re: Shutterbugs - How do you organize your digital photos?

I use the catalogue features of Adobe Lightroom. I shoot with various devices from a Samsung cell phone to Sony and Panasonic compacts and a Fuji mirrorless IL system. The cell shoots jpegs and I shoot raw on the other three. Depending on the expectations of the trip different devices are taken. All...
by midareff
Wed Jan 11, 2017 8:20 am
Forum: Investing - Help with Personal Investments
Topic: To those with a pension...
Replies: 52
Views: 6006

Re: To those with a pension...

Did you (if retired) or do you (if still working) either: A) reduce your retirement contributions by some percent or dollar amount based on the fact that you will have a guaranteed stream of income in addition to social security; or I didn't... I used an excel sheet with year by year goals for savi...
by midareff
Tue Jan 10, 2017 6:25 pm
Forum: Personal Consumer Issues
Topic: Anyone else having trouble with unrequested CVS auto-refills?
Replies: 55
Views: 2539

Re: Anyone else having trouble with unrequested CVS auto-refills?

I szend them a renewal script in the mail and mark it place on file, DO NOT FILL.. and they fill it and send it out anyway as a matter of policy they said.
by midareff
Sun Jan 08, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Requirements to change passwords frequently?
Replies: 38
Views: 2543

Re: Requirements to change passwords frequently?

My employer requires it. My impression is that the more a place takes cybersecurity seriously across the board, the more likely they are to require frequent password changes. It makes intuitive sense to me. E.g. sometimes hackers get hold of lists of usernames and passwords. The more often you chan...
by midareff
Sun Jan 08, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: How to confirm old check was deposited
Replies: 3
Views: 399

Re: How to confirm old check was deposited

I'd start there and if you still have an account there they may respond after appropriate security clearances. I would suspect you can download 2014 statements online and look for yourself, either at your old institution of at Ally if accounts were active there in 2014.
by midareff
Sun Jan 08, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Factoring Pension
Replies: 13
Views: 1435

Re: Factoring Pension

You don't factor it in. It is not part of a portfolio, it is an income stream just like social security or an annuity are an income stream. The AA of a portfolio stands on it's own.
by midareff
Sat Jan 07, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Alaska cruise - Help me convince my family
Replies: 59
Views: 3889

Re: Alaska cruise - Help me convince my family

I want to do an Alaskan cruise this summer or maybe next, but my wife and kids and other family members are not very interested. (1) It's quite a bit more expensive than a Caribbean cruise (2) It's a not a warm Caribbean cruise So those of you who have done it, tell me how amazing it is, so I can f...
by midareff
Sat Jan 07, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Taking Some Money Off the Table
Replies: 22
Views: 2276

Re: Taking Some Money Off the Table

What is your other option for paying the taxes? I have none. My IRA is my only source of income as I delay SS for another two years. You might want to have a look at the EFTPS site for paying quarterly estimated. At the beginning of each year I do a taxcaster projection of what the IRS will be due ...
by midareff
Sat Jan 07, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 3879

Re: Anybody else Age - 10 in bonds, rest in stocks

Age 69... about 42/55/3 equities, bonds, bank cash. Pension and SS pay all the bills so the portfolio income is for luxury travel and frills.
by midareff
Sat Jan 07, 2017 7:50 am
Forum: Personal Consumer Issues
Topic: advice on camera repair for sony Rx 100
Replies: 11
Views: 656

Re: advice on camera repair for sony Rx 100

We have or have had an RX 100 m3 and currently a m4, among other photographic gear. The 100 is four model years old and not worth that money to repair, IMHO. Both thre m3 and m4 are excellent pocket-able cameras. I'd spend the money to move up, not to repair. Yes, that's what I'm probably going to ...
by midareff
Fri Jan 06, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: advice on camera repair for sony Rx 100
Replies: 11
Views: 656

Re: advice on camera repair for sony Rx 100

We have or have had an RX 100 m3 and currently a m4, among other photographic gear. The 100 is four model years old and not worth that money to repair, IMHO. Both thre m3 and m4 are excellent pocket-able cameras. I'd spend the money to move up, not to repair.
by midareff
Fri Jan 06, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 261
Views: 16310

Re: Annual Vacation Budget

We are a retired couple. We live on pension/SS income and spend our RMDs on one international trip a year 3-4 weeks long. Around $20K Same except we are doing 2 International and at least two domestic. We like cruises with daily or almost daily land excursions. The WR funds the trips... we spend a ...
by midareff
Thu Jan 05, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Suggestions for second credit card
Replies: 11
Views: 935

Re: Suggestions for second credit card

What about the AMEX Blue Cash Preferred and get 6% back on your first $6K of grocery purchases? Fidelity's Visa @ 2% cash back?
by midareff
Wed Jan 04, 2017 10:34 am
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 198
Views: 29942

Re: South Florida Local Chapter

Our Jan. 22, 2017, meeting will be held in the Miami Brickell area from 12 noon to 2:00 pm . We have a large room with space for everyone and we have our own CPA for a Tax Discussion. Please RSVP, however - if you have not already - so we have a good idea how many to expect. If we have already welc...
by midareff
Wed Jan 04, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: TV in the bedroom?
Replies: 82
Views: 5059

Re: TV in the bedroom?

We have 55's in the living room and bedroom. It's handy for when she has to see The Voice and it conflicts with Monday Night Football or some other must see.
by midareff
Tue Jan 03, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: RMD to Start in 2018 -- Methodology Question
Replies: 1
Views: 299

RMD to Start in 2018 -- Methodology Question

I will turn 70 this year and will be in what is today's 25% bracket, or higher, starting 2018 forever more. I have a younger wife so my starting 2018 divisor will be 30.9, which is expected to result in about $26 - $28K in RMD for 2018. I will be starting my 6th year of retirement in a month or so a...
by midareff
Sun Jan 01, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Fund bond allocation has me concerned
Replies: 13
Views: 1204

Re: Vanguard Target Fund bond allocation has me concerned

I think it's too aggressive looking at things from an historical perspective. In 1998/9 I was at 0% bonds and could not understand the purpose of them. That was 18 years ago and I think I know lots better now. I'd simply refer you to Graham who said never less than 25% bonds and never more than 75% ...
by midareff
Thu Dec 29, 2016 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Are there any benefits to achieving "great wealth"?
Replies: 106
Views: 8018

Re: Are there any benefits to achieving "great wealth"?

Owners suite on that round the world 180 day cruise.
by midareff
Wed Dec 28, 2016 2:33 pm
Forum: Investing - Theory, News & General
Topic: How many of you invest 100% at Vanguard?
Replies: 118
Views: 7285

Re: How many of you invest 100% at Vanguard?

brad.clarkston wrote:I have Fidelity and VG accounts handling different parts of the IPS. I've never found a reason to combine them.



same here
by midareff
Wed Dec 28, 2016 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: IRA to ROTH Conversion in Advance of RMD
Replies: 14
Views: 1018

Re: IRA to ROTH Conversion in Advance of RMD

I'm doing the same with my IRA to Roth conversions as 2017 is my last pre_RMD year.. I use both Taxcaster and the online H&R Block tax forecaster. I get very similar but not exact same answers from them. I have done this for three years or so and roll from a Roll over IRA at VG to a Roll over IR...
by midareff
Tue Dec 27, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond Market v. Inter-Term Bond Index v. I-T Investment Grade Inv
Replies: 19
Views: 2201

Re: Vanguard Total Bond Market v. Inter-Term Bond Index v. I-T Investment Grade Inv

They have slightly different duration's and compositions and will behave slightly differently in different circumstances. If you use the charting feature of Morningstar you can eyeball the different characteristics in the 2007 meltdown and the subsequent recovery period. For long term investors all ...
by midareff
Tue Dec 27, 2016 10:10 am
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10809

Re: At what age, income, and NW would you buy a $50k car?

There's a lot of folks here who would never buy a new car, let alone one for $50k. It's a depreciating asset. But for those that would consider it, under what financial conditions would you do it? Hypothetically, if you were 35, had household income of $400k, and $2M NW, would you drop $50k on a ca...
by midareff
Sat Dec 24, 2016 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: How has Financial Independence changed your life?
Replies: 55
Views: 6865

Re: How has Financial Independence changed your life?

I'm not one to believe the currency of the future will be bullets, wampum or salt bags. I/we have friends our age and younger who are retired or semi retired. It is an interesting comparison as some of us travel frequently, some occasionally and some not at all. I SWAN, don't worry at all about mone...
by midareff
Sat Dec 24, 2016 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Should i tax loss harvest
Replies: 9
Views: 687

Re: Should i tax loss harvest

The way many of us TLH, we stay invested while claiming a loss! The wash sale rules are designed to prevent that, but there's a loophole big enough to drive a Mack truck through. So we swap into a replacement fund that is not "substantially identical" (see how low that bar is to clear?), ...
by midareff
Thu Dec 22, 2016 9:45 am
Forum: Personal Consumer Issues
Topic: Afraid of retirement??
Replies: 55
Views: 4110

Re: Afraid of retirement??

At first and leading up to retirement I was very concerned about giving up a quality job to retire at 64. I never had the first thought about what I would do in my new spare time. I have albums I have been meaning to listen too again for years but can't seem to get too, then there is travel and phot...

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