Search found 1699 matches

by mlebuf
Tue Dec 06, 2016 12:23 am
Forum: Personal Consumer Issues
Topic: Best printers for home use
Replies: 26
Views: 1155

Re: Best printers for home use

Eighteen months ago I had problems with an HP printer and got zero support from HP. I asked the Bogleheads for a recommendation and checked online reviews. https://www.bogleheads.org/forum/viewtopic.php?t=166817 Based on Boglehead recommendations and online reviews, I decided to buy an Epson WorkFor...
by mlebuf
Sat Dec 03, 2016 2:19 pm
Forum: Personal Consumer Issues
Topic: "Getting Things Done"-David Allen
Replies: 71
Views: 4076

Re: "Getting Things Done"-David Allen

Tycoon wrote:
I've used the ABC method and found it highly effective. Did Covey "borrow" it from you?


No, it has been around for years and I did not originate it. Like investing, I found the best time management strategies and techniques to be the simple ones.
by mlebuf
Sat Dec 03, 2016 3:17 am
Forum: Personal Consumer Issues
Topic: "Getting Things Done"-David Allen
Replies: 71
Views: 4076

Re: "Getting Things Done"-David Allen

I know a little bit about time management. My first book, WORKING SMART: How to Accomplish More in Half the Time was published by McGraw-Hill in 1979 and in paperback by Warner Books in 1980. Excerpts of the book were published in "Reader's Digest," "Glamour" and a bunch of other...
by mlebuf
Thu Dec 01, 2016 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 107
Views: 9800

Re: Feeling like you've "made it"

II know we're in very good shape by any objective measure: educated, good health, $500k net worth, 50% savings rate, and I recently hit a target in my career that should set me up for more success in the future. You both are off to a great start, but it's far too young to declare that you have made...
by mlebuf
Sat Nov 19, 2016 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Ph.D. Student seeking Investment Advice
Replies: 12
Views: 1367

Re: Ph.D. Student seeking Investment Advice

Can you find a way to shorten the number of years of your program? I guess every doctoral program is different but I went from a bachelor's degree to a Ph.D. in 7 semesters and 2 summer schools. It was made possible by taking some advanced courses in my senior year and some of the Ph.D. requirements...
by mlebuf
Fri Nov 18, 2016 5:29 pm
Forum: Personal Consumer Issues
Topic: Vacation spots on Alabama's Gulf coast
Replies: 27
Views: 2187

Re: Vacation spots on Alabama's Gulf coast

Consider staying at Marriott's Grand Hotel in Point Clear, AL. Great property overlooking the Gulf. Just beautiful. https://www.google.com/maps/uv?hl=en&pb=!1s0x889a3f34c99ecbd5:0xd7ba73af25fe29ff!2m16!2m2!1i80!2i80!3m1!2i20!16m10!1b1!2m2!1m1!1e1!2m2!1m1!1e3!2m2!1m1!1e4!3m1!7e115!4shttp://www.bo...
by mlebuf
Thu Nov 17, 2016 3:08 am
Forum: Personal Finance (Not Investing)
Topic: AARP annuity; is it a scam?
Replies: 48
Views: 12627

Re: AARP annuity; is it a scam?

The AARP is an insurance company masquerading as special interest group for seniors.
by mlebuf
Wed Nov 16, 2016 8:58 pm
Forum: Investing - Theory, News & General
Topic: "Comedians' best lines of financial wisdom"
Replies: 20
Views: 3488

Re: "Comedians' best lines of financial wisdom"

I helped put two children through Harvard......my broker's children. "Money isn't everything but it's right up there with oxygen." - Rita Davenport "Money is better than poverty if only for financial reasons." - Woody Allen "You can't take it with you but you aren't going an...
by mlebuf
Fri Nov 11, 2016 7:17 pm
Forum: Personal Consumer Issues
Topic: Drain Cleaner or Plumber for slow drains?
Replies: 52
Views: 3750

Re: Drain Cleaner or Plumber for slow drains?

Hi Taylor, I have your answer. Go to your local Home Depot and get a bottle of Instant Power. This stuff cleans drains far better than anything I have used in the past. I discovered it a couple of years ago. No damage to drains here. After you get the drain unclogged, plumbers have recommended pouri...
by mlebuf
Fri Nov 11, 2016 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: John Hancock discontinues LTC insurance sales
Replies: 45
Views: 4133

Re: John Hancock discontinues LTC insurance sales

When we bought LTC insurance over 15 years ago, the 3 most highly recommended companies for LTC were John Hancock, Metropolitan and G.E Capital (now Genworth.) With John Hancock discontinuing new LTC sales, the only one left of those three left for new purchasers is Genworth. My guess is that the ac...
by mlebuf
Tue Nov 08, 2016 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 80
Views: 21102

Re: If I Knew Then What I Know Now

I have a family blog where my wife and I write about things that are important to us. Relationships for those who have autism spectrum disorders (I have Asperger's), health/nutrition/exercise (my passion and career), and personal finance. With your permission, I'd love to share this with my (small,...
by mlebuf
Tue Nov 08, 2016 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 80
Views: 21102

Re: If I Knew Then What I Know Now

Thank you. This seems like a speech distilled from a lifetime of thought/experience and is general enough to be a TED talk. If you like public speaking you could probably spend a year or two just touring college campuses with it. (Though I think I read a comment from you indicating that financial l...
by mlebuf
Tue Nov 08, 2016 8:30 am
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 80
Views: 21102

Re: If I Knew Then What I Know Now

Michael, I'm curious if you would now change anything you said to the students? If not the content, then perhaps the areas emphasized? Did you get feedback from the students or instructor when you gave the speech? Tried it out on other groups? Thanks, Greg Hi Greg, I would not change the content or...
by mlebuf
Sun Nov 06, 2016 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: 25yr old, would appreciate some advice/wisdom.
Replies: 28
Views: 3085

Re: 25yr old, would appreciate some advice/wisdom.

When I was in my early 20's, someone told me that advice is what an old man gives a young man when he is too old to set a bad example. You are off to a great start. Don't lose the habit of saving. A penny saved is many pennies earned thanks to the power of compound interest. Hope this helps too: htt...
by mlebuf
Fri Nov 04, 2016 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: 27/m. Wanting to Quit My Job. Any Words of Wisdom?
Replies: 55
Views: 5930

Re: 27/m. Wanting to Quit My Job. Any Words of Wisdom?

Others posters are correct: It's much easier to get a job when you have a job. From your post it appears that you have toxic bosses if they have 100 percent turnover. One other thing to consider before jumping to a new job: Is it the nature of the work, the management or both that leave you frustrat...
by mlebuf
Thu Nov 03, 2016 2:26 am
Forum: Personal Finance (Not Investing)
Topic: Did you retire in your 30s?
Replies: 93
Views: 11996

Re: Did you retire in your 30s?

Several thoughts: 1. There are people who live to work. The majority of us work to live. I know I did. By and large, I enjoyed my work but never enjoyed it so much that I would have done it for free on an ongoing basis. As Oscar Wilde said, "Work is the curse of the drinking class." :happy...
by mlebuf
Tue Nov 01, 2016 4:32 pm
Forum: Investing - Theory, News & General
Topic: Talk on Financial Literacy to College Students
Replies: 27
Views: 1062

Re: Talk on Financial Literacy to College Students

In 2014 I spoke to college students on how they can become financially independent in one 50-minute session. The outline of what I told them is in the link below. Please feel free to use whatever material you wish. Good luck on this most noble venture. https://www.bogleheads.org/forum/viewtopic.php?...
by mlebuf
Tue Nov 01, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 80
Views: 21102

Re: If I Knew Then What I Know Now

Deleted.
by mlebuf
Tue Nov 01, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 80
Views: 21102

Re: If I Knew Then What I Know Now

In 2014 I tried to tell college students the basics of becoming financially independent in one 50-minute session. Here's the outline. Good luck on this most noble venture.

viewtopic.php?t=161092
by mlebuf
Tue Nov 01, 2016 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Would it be worth going into college if I'm not sure of what I want to do?
Replies: 47
Views: 3543

Re: Would it be worth going into college if I'm not sure of what I want to do?

Hi Newtehtrance, YES! Go to college and graduate. The following is an example: In 1970 I was a young assistant professor teaching Management at the U. of New Orleans. One of my students was working in the hospitality industry at a hotel in the French Quarter and I was his advisor. One day he told me...
by mlebuf
Fri Oct 21, 2016 8:50 pm
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 250
Views: 14807

Re: Does it matter what type of college one goes to?

Investing in education is very much like investing in mutual funds in the sense that cost matters. What a student chooses to major in is far more important than where they go to school, as long as the curriculum they major in has national accreditation. I also believe that the odds of graduating are...
by mlebuf
Wed Oct 19, 2016 2:33 pm
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 15379

Re: The riskiness of home ownership

The decision to buy or rent is better made as a lifestyle decision rather than as a financial one. As an investment, a house is a usually a forced saving at best. It's true that most homeowners reach retirement with the bulk of their net worth concentrated in their home. The reason why is simply bec...
by mlebuf
Sun Oct 16, 2016 7:26 pm
Forum: Investing - Theory, News & General
Topic: James Dale Davidson's prediction of 2016 collapse
Replies: 46
Views: 14573

Re: James Dale Davidson's prediction of 2016 collapse

Rule One: Ignore the noise.

Rule Two: All forecasting is noise.
by mlebuf
Sun Oct 09, 2016 10:01 pm
Forum: Personal Consumer Issues
Topic: Retirees: What are your passions?
Replies: 56
Views: 6434

Re: Retirees: What are your passions?

My passions are ham radio, college football, our cats, eating in great restaurants and spending time with Elke. My time is my own, I have a nice car and a wonderful woman. I am fulfilling my inner teenager. :D
by mlebuf
Sun Oct 09, 2016 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure for LTC using Reverse Mortgage HECM?
Replies: 41
Views: 2384

Re: Self insure for LTC using Reverse Mortgage HECM?

On August 29, Elke and I signed the papers on our HECM. Our initial line of credit is just shy of $370,000 and will appreciate at an annual rate of approximately 4 percent if interest rates remain unchanged. If interest rates increase, the rate of of line of credit appreciation will increase too. My...
by mlebuf
Sat Oct 08, 2016 1:37 am
Forum: Personal Consumer Issues
Topic: Join AARP
Replies: 56
Views: 3230

Re: Join AARP

When I turned 50 someone suggested that I sign up for a 10 year membership to AARP. I did. It took me less than a year to realize my error. They never got another dime from me, nor will they. All mail solicitations from AARP go straight into the round file.
by mlebuf
Thu Oct 06, 2016 1:47 am
Forum: Personal Consumer Issues
Topic: All-in-one Printer Recommendation
Replies: 65
Views: 6293

Re: All-in-one Printer Recommendation

Followup: I still have the Epson printer that I purchased over 16 months ago. It's done a great job and given me no problems. Thanks again to the Bogleheads for your suggestions.
by mlebuf
Mon Oct 03, 2016 1:27 am
Forum: Personal Consumer Issues
Topic: Where/how do Bogleheads get their tires inflated?
Replies: 97
Views: 6066

Re: Where/how do Bogleheads get their tires inflated?

Many years ago I bought an air compressor that plugs into the wall from the Sharper Image. Still works fine and I inflate the tires in my garage.

If I were buying one today, I'd take a look at this one:
http://www.homedepot.com/p/Husky-12-Vol ... /204260884
by mlebuf
Sat Aug 27, 2016 11:42 pm
Forum: Personal Consumer Issues
Topic: Hawaii anniversary trip suggestions
Replies: 33
Views: 2929

Re: Hawaii anniversary trip suggestions

Been to Lanai, Kauai, Oahu and Maui. Oahu is too commercial, although it's definitely worth a day trip to visit the Arizona Memorial, and Battleship Missouri at Pearl Harbor. Kauai is most beautiful of the islands I visited because they get the most rain. Best overall is Maui. The rest aren't even c...
by mlebuf
Sat Aug 27, 2016 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can we get by without permanent life insurance?
Replies: 85
Views: 5709

Re: Can we get by without permanent life insurance?

The first law of expert is advice is to never ask the barber if you need a haircut. Your logic is sound despite what your brother-in-law or any other insurance salesperson tells you. I believe it was Sinclair Lewis who said something to the effect, "It's difficult for a man to see your point of...
by mlebuf
Wed Aug 17, 2016 3:47 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 21601

Re: Is there a such thing as a blue collar Boglehead?

I know some blue collar folk who are also small business owners who have high income and net worth but drive their white pick up trucks and work with their hands +1 - The talent and smarts of most blue-collar people I know amaze me. I'm sure they have far more mental capacity than they need to unde...
by mlebuf
Mon Aug 15, 2016 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 304
Views: 42783

Re: Self-made Millionaires: how did hitting 7 figures change you?

I don't believe that money changes people. It just reveals them. Money simply enables us to become more of who we already are. Those who choose to do good can do more good. The same is true for those who have a tendency to harm themself/others.
by mlebuf
Sun Aug 14, 2016 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: You have $10 Million and 10 years to live. What would you do?
Replies: 55
Views: 5345

You have $10 Million and 10 years to live. What would you do?

That's the thought provoking question covered in this WSJ blog. Thoughts?

http://on.wsj.com/2aM6HPF
by mlebuf
Sun Aug 14, 2016 12:43 am
Forum: Personal Finance (Not Investing)
Topic: HOA Ruling
Replies: 34
Views: 3974

Re: HOA Ruling

I'm not an attorney, but if you signed a document stating that 12X16 is allowed, I don't see how they can deny you of that request. To do that would be a violation of their own contract. If they allowed someone else to have a 12X16 shed but not you, they are basically practicing selective enforcemen...
by mlebuf
Tue Aug 09, 2016 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: What is the trap of interest-only mortgage?
Replies: 13
Views: 2267

Re: What is the trap of interest-only mortgage?

With an interest-only mortgage most people are better off renting. The benefit of interest only is that you can deduct the interest if you itemize on your income taxes. The disadvantage is that you just can't call the movers and leave as a renter would be able to do. Of course, you can just walk awa...
by mlebuf
Fri Aug 05, 2016 1:50 am
Forum: Investing - Theory, News & General
Topic: "Your 10 Most Important Financial Decisions"
Replies: 21
Views: 3136

Re: "Your 10 Most Important Financial Decisions"

That's a great list, Taylor. As I read it, what occurred to me is how many of those very critical decisions are made so early in life. I try to stress to young people that much of their financial and personal success will likely be determined by the choices they make between ages 15 and 25. I also t...
by mlebuf
Wed Aug 03, 2016 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: 29 years old too young to buy Long Term Care Insurance?
Replies: 28
Views: 2977

Re: 29 years old too young to buy Long Term Care Insurance?

At age 29 you need LTC insurance like a fish needs a bicycle. Wait until you are in your 50's and then decide if you need it or not. And being that you are single with no dependents, don't let someone talk you into buying life insurance either. Trust me, the insurance companies will be fine without ...
by mlebuf
Mon Aug 01, 2016 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure for LTC using Reverse Mortgage HECM?
Replies: 41
Views: 2384

Re: Self insure for LTC using Reverse Mortgage HECM?

Double post deleted. Sorry.
by mlebuf
Mon Aug 01, 2016 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure for LTC using Reverse Mortgage HECM?
Replies: 41
Views: 2384

Re: Self insure for LTC using Reverse Mortgage HECM?

All those questions are intriguing. Here's my answer to all of them: I don't know. However I will share with you what I do know. First, I am no authority on matters of investing and finance. However, I have been a student of finance and investing for over 20 years. Over those years I have learned th...
by mlebuf
Mon Aug 01, 2016 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Self insure for LTC using Reverse Mortgage HECM?
Replies: 41
Views: 2384

Re: Self insure for LTC using Reverse Mortgage HECM?

I have the impression that once you secure an HECM, your financing charges and annual FHA insurance premium begin to accrue as a loan balance, even if you have not borrowed against your line of credit. Have you received any information on this in your counseling or mortgage paperwork? I had that sa...
by mlebuf
Sun Jul 31, 2016 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure for LTC using Reverse Mortgage HECM?
Replies: 41
Views: 2384

Re: Self insure for LTC using Reverse Mortgage HECM?

Thanks for sharing this experience. A few questions: 1) At what index rate formula will the line of credit grow? 2) Would you still find this worthwhile to do if you were not married? 3) What company are you using? To answer your questions in order: 1. I don't have the final figures yet. The house ...
by mlebuf
Sun Jul 31, 2016 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure for LTC using Reverse Mortgage HECM?
Replies: 41
Views: 2384

Re: Self insure for LTC using Reverse Mortgage HECM?

For what it's worth, I am in the process of getting a reverse mortgage. We have no debt, two pensions, two Social Security incomes, a Vanguard Flagship account, LTC insurance and an expensive home that's paid for. After looking into the matter I opted for the HECM for two basic reasons: 1. My total ...
by mlebuf
Sat Jul 30, 2016 8:57 pm
Forum: Personal Consumer Issues
Topic: What makes people succeed?
Replies: 98
Views: 8828

Re: What makes people succeed?

My only observation is that people vastly underestimate the importance of luck as a key factor of success. The notion of a "self made" person is mostly a myth, IMO. Luck plays a role in everything, and many people do indeed play a role in what success we enjoy: Parents, teachers, mentors,...
by mlebuf
Sat Jul 30, 2016 6:43 pm
Forum: Personal Consumer Issues
Topic: What makes people succeed?
Replies: 98
Views: 8828

Re: What makes people succeed?

Talking about what makes people succeed is meaningless until we define success. Here are my 2 favorite definitions: 1. "There is only one success - to be able to spend your own life your own way." - Christopher Morley 2. "Success is the progressive realization of a worthy ideal."...
by mlebuf
Tue Jul 26, 2016 3:39 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the "new normal": how?
Replies: 49
Views: 5425

Re: Planning for the "new normal": how?

One thing that I struggle with when figuring out how much I'll need for retirement is the uncertainty about what the circumstances will be like when I retire. A rule like "25x annual expenses" is unlikely to cut it when I can't even know what those expenses will be, because I don't know w...
by mlebuf
Fri Jul 22, 2016 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 202
Views: 15965

Re: Early retirees, how much did you leave on the table?

Here's a question for those who did not retire early: How many years of freedom did you leave on table? That number is easily determined.

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