Search found 4274 matches

by mptfan
Tue Feb 20, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Current Vanguard password practices?
Replies: 23
Views: 1390

Re: Current Vanguard password practices?

jhfenton wrote:
Tue Feb 20, 2018 1:04 pm
They also support the use of security keys, but you cannot turn off the ability to use SMS as a backup if the key is unavailable. To me, that defeats the purpose of the security key, so I don't use one.
I agree.
by mptfan
Tue Feb 20, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Social Security and late life marriage
Replies: 10
Views: 993

Re: Social Security and late life marriage

I had never seen reference to the 9 (or 12) month requirement. Larry Kotlikoff: "If you are married for just nine months, your new spouse can qualify for survivor benefits. And you only need to be married for one year to permit your new spouse to qualify for spousal benefits. So I'm confused, is it...
by mptfan
Tue Feb 20, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 425
Views: 33314

Re: What frugal thing did you do today?

While in the laundromat I noticed a woman putting her clothes in a dryer. On the phone she told a friend she would be right over. A half hour walk was no problem. So I opened her dryer + threw my clothes in with hers. Got dryed for free. She never knew. This definitely transcends "frugal" and shoul...
by mptfan
Mon Feb 19, 2018 5:16 pm
Forum: Personal Consumer Issues
Topic: Is there a way to send text messages on my computer?
Replies: 24
Views: 2492

Re: Is there a way to send text messages on my computer?

Hangouts by Google. All messages are synced across all devices, including desktop, phone and chromebooks, and they appear in the Gmail window.
by mptfan
Sat Feb 17, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Doctor wants Social Security number
Replies: 78
Views: 10567

Re: Doctor wants Social Security number

wander wrote:
Sat Feb 17, 2018 10:55 am
I never had problem with not providing my SSN at doctor's or dentist's offices. Just because the SSN line is on the form, it doesn't mean that you have to provide it. Or because people ask you a question, it doesn't mean you always have to answer.
Exactly.
by mptfan
Sat Feb 17, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 163
Views: 10300

Re: What has been your most important skill in achieving financial independence?

Saving is very important, but at age 22, I think the most important thing you can do is focus on increasing your earning potential in terms of gaining the education and experience and skills that will allow you to earn more money as you get older. Saving 20% of $100,000 goes a lot further towards fi...
by mptfan
Fri Feb 16, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Using Schwab for primary checking account
Replies: 26
Views: 2917

Re: Using Schwab for primary checking account

onourway wrote:
Fri Feb 16, 2018 3:43 pm
Overdrafts or fraudulent charges that exceed your checking balance would roll into the cash sweep account of your brokerage.
This overdraft "feature" can be turned off by contacting Schwab and telling them to disable it. I know because I did.
by mptfan
Fri Feb 16, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: Travel Insurance...Is it worth it?
Replies: 16
Views: 1323

Re: Travel Insurance...Is it worth it?

In your view, is it worth it? In my opinion, no. I prefer to self insure the risk of travel interruption and take reasonable precautions without the need to pay for travel insurance, and if I can't afford to do that, I can't afford to travel. As one example of reasonable precautions that you can ta...
by mptfan
Thu Feb 15, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Friend with extremely high interest credit card debt
Replies: 20
Views: 1492

Re: Friend with extremely high interest credit card debt

Did your friend ask for your advice about how to get out of debt?

Question: How many debt reduction counselors does it take to change a lightbulb?
Answer: One, but the lightbulb has to want to change.
by mptfan
Thu Feb 15, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Increasing SS PIA by working again
Replies: 27
Views: 1511

Re: Increasing SS PIA by working again

JoeRetire wrote:
Thu Feb 15, 2018 11:18 am
Trying to make a work/don't work decision based solely on increased SS PIA seems silly.
I don't see where the OP said he was doing that.
by mptfan
Wed Feb 14, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: Increasing SS PIA by working again
Replies: 27
Views: 1511

Re: Increasing SS PIA by working again

As far as I can tell, the incremental increase in monthly SS benefit (PIA) one would get is $3.57 for every $10,000 of new earnings per year. So if someone went back to work at a $50,000 annual salary for one year, they would then be adding $17.85 to their monthly SS benefit payment when they reach...
by mptfan
Wed Feb 14, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11029

Re: Did you learn anything from the market correction?

It was reinforced to me how silly the financial media reactions and attempt to explain drivers are. After a historical run up that everyone thought was over blown (a melt-up as the press called it) it seemed to be broad consensus that a correction would make sense. Then the day it happened people a...
by mptfan
Wed Feb 14, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: When to pay off debt instead of invest?
Replies: 27
Views: 1224

Re: When to pay off debt instead of invest?

I pick option number 3, pay down the mortgage.
by mptfan
Wed Feb 14, 2018 9:51 am
Forum: Investing - Theory, News & General
Topic: What is the most the stock market has ever been down in 5 year period?
Replies: 19
Views: 2957

Re: What is the most the stock market has ever been down in 5 year period?

According to my analysis of data going back to 1900, the worst CAGR (compound average growth rate) for the S&P 500 over a 5 year period was -12.71% as of 1932. So the total decline over that 5 year period would have been about -50%. Bear in mind that does not include dividends, and my understanding ...
by mptfan
Tue Feb 13, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11029

Re: Did you learn anything from the market correction?

What did you learn from this? I learned that the media hypes normal market fluctuations (especially down days) and engages in fear mongering to increase ratings/views/clicks. One example, I heard a media outlet report that "the Dow was down by 1,000 points today, the biggest point decline ever!" or...
by mptfan
Mon Feb 12, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns
Replies: 41
Views: 4388

Re: L.L. Bean, Citing Abuse, Tightens Its Generous Policy on Returns

For example, a retail store I used to work at had a "senior citizen" discount for people 55 and older. I mentioned that 55 was hardly a senior citizen, and the response was that it used to be 65, but so many people lied about being 65 that it was just simpler to lower the age instead of confronting...
by mptfan
Sat Feb 10, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

Before rendering your opinion, did you check to see what federal circuit the OP was in? Did you cite check the case law you are relying on? Just curious... Initially my opinion was limited to whether the OP acted ethically, later I did some quick research regarding the case law before I offered my ...
by mptfan
Sat Feb 10, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

Open it for what purpose? And what else is the OP allowed to do with said mail after 3-6 months? Let’s say the envelope contains a credit card in the name of the previous resident. Is the OP allowed to use that? My comments were made in response to the statement that the OP did something illegal or...
by mptfan
Sat Feb 10, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

The idea that the mail can be opened because it was "sent" to a person, sort of, while clearly intended for someone else is bizarre. You may think it is bizarre, but it is the law in a number of federal circuits, the Fifth Circuit being one of them... "Under our "appraisal of the realities," we thi...
by mptfan
Sat Feb 10, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail from former occupants?

It's the same facts--with only being a minor change in the contents of the of the envelope. Now you might be thinking, "How is that a minor change!?" Yes, making the contents of the envelope cash gets people's attention. But often the non-cash contents of correspondence are much more valuable than ...
by mptfan
Fri Feb 09, 2018 11:14 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

I shred junk mail that I receive that is not for me. I know that it is against the law but I flaunt the law because I don't think it will be enforced. What you claim to know is not true. Your actions are not illegal because you have no criminal intent, among other reasons, so your conscience can no...
by mptfan
Fri Feb 09, 2018 10:59 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

If only it were that simple. It's not. Obviously it's not simple to you since you are forced to make up things like "obviously it doesn't apply to your own mailbox" to try to justify it. Read my previous post, and in particular, the bolded parts. I am not making up anything to justify anything, the...
by mptfan
Fri Feb 09, 2018 10:47 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

It quite literally says that anyone who takes any letter that has been in any post office or in the custody of any mail carrier before it has been delivered to the person to whom it was directed and opens it or destroys it shall be fined or imprisoned. Seems pretty clear to me and I'm not even a la...
by mptfan
Fri Feb 09, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

That blog post fails to cite any authority or law. https://www.law.cornell.edu/uscode/text/18/1702 Whoever takes any letter, postal card, or package out of any post office or any authorized depository for mail matter, or from any letter or mail carrier, or which has been in any post office or autho...
by mptfan
Fri Feb 09, 2018 10:22 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail from former occupants?

Yes, you certainly can. Just imagine if someone sent $100 in cash to the former occupant, and it was in the envelope that the OP opened. It would be interesting to see how he would have handled it. But based on the positions taken by the OP here, I think we have a pretty good idea. "Hey, I'm not hi...
by mptfan
Fri Feb 09, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 50
Views: 4093

Re: Bond funds and stock funds, which one is riskier?

flyingaway wrote:
Sun Sep 24, 2017 8:07 am
So, it seems to me: If your investment time is longer than 5 or 10 years, a (diversified) stock fund is less risky. What do you think?
Nope. Not even close. The riskiest bond fund (of the bond funds offered by Vanguard) is safer than the safest of stock funds.
by mptfan
Fri Feb 09, 2018 10:07 pm
Forum: Investing - Theory, News & General
Topic: Question re: Bond Fund Principal
Replies: 5
Views: 348

Re: Question re: Bond Fund Principal

Jcraz13 wrote:
Fri Feb 09, 2018 9:52 pm
Dear BH,

As an investor in the Vanguard Total Bond Fund , I have read several articles that state that Bond Funds may not guarantee a return on principal as individual bonds might .
Could you cite those articles?
by mptfan
Fri Feb 09, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

The idea that the mail can be opened because it was "sent" to a person, sort of, while clearly intended for someone else is bizarre. As to law I am sure there are any number of references of this sort: http://blogs.findlaw.com/blotter/2014/01/is-it-illegal-to-open-someone-elses-mail.html That blog ...
by mptfan
Fri Feb 09, 2018 6:24 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail from former occupants?

Ah, but that's where you are wrong. It was sent to the OP, not the previous occupant. No, it was sent to the person to whom it was addressed, the previous occupant. It was delivered to a street address. The OP, miamivice, received it. It was also sent to the address written on the envelope, which i...
by mptfan
Fri Feb 09, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

While I appreciate that reasonable people can disagree about the "right thing" under many circumstances, I don't agree that there is ever justification for opening financial documents that aren't addressed to you. One poster mentioned doing it accidentally, which I totally understand - I've done th...
by mptfan
Fri Feb 09, 2018 5:15 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail from former occupants?

By your own admission you admitted to purposely opening mail sent to the previous occupant just because you were "nosy". Others have pointed out that what you did was unethical and illegal. Ah, but that's where you are wrong. It was sent to the OP, not the previous occupant. You also conveniently i...
by mptfan
Fri Feb 09, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

I'm really surprised and disappointed that more than one person on this forum thinks it's OK to open first-class mail addressed to someone else just because "well they had plenty of time to change the address!" Sometimes it's not hard to do the right thing, so why wouldn't you? I'm sure you can app...
by mptfan
Fri Feb 09, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15923

Re: Blood in the water- buying?

I'm chomping at the bit to buy... Who wants to call me crazy for wanting to use my emergency fund to buy stocks right now? So I have a question...the S&P 500 is back to where it was in mid November, less than 3 months ago...where you chomping at the bit back in November to buy stocks with your emer...
by mptfan
Thu Feb 08, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Raising interest rates are good for bonds.
Replies: 17
Views: 2212

Re: Raising interest rates are good for bonds.

By the same logic lower stock prices are good if you reinvest your dividends. Not true. Dividend payments determine virtually the entire return of investment grade bonds over time with the NAV fluctuating generally around par value, while with stocks, dividend payments make up only about 2-3 percen...
by mptfan
Wed Feb 07, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail for former occupants?

miamivice wrote:
Wed Feb 07, 2018 4:47 pm
I don't believe I committed any ethical breach. If you want to keep your information private, don't have it sent to an address you longer reside at.
I agree.
by mptfan
Wed Feb 07, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail from former occupants?

Catalog Choice works phenomenally. I set it up for some relatives who were getting catalogs in the mail everyday and their mailbox was buldging. Now, the catalog count is pretty much zero. I can't say enough about how effective this service is. I don't see why it couldn't be set up with the former ...
by mptfan
Wed Feb 07, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail from former occupants?

(Yes, I was nosy and yes I did open mail that was not addressed to me). That is illegal, and perhaps felonious. Please don't do that again. Everyone's privacy should be respected. Edit: Based on the images of mail I receive each morning via email (Informed Delivery), Big Postal Brother has a record...
by mptfan
Wed Feb 07, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: How to stop mail for former occupants?
Replies: 103
Views: 5785

Re: How to stop mail from former occupants?

The title of your thread is confusing...you are not receiving mail from former occupants, you are receiving mail addressed to former occupants.
by mptfan
Tue Feb 06, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Recently divorced trying to clear all of my credit card debt.
Replies: 46
Views: 2959

Re: Recently divorced trying to clear all of my credit card debt.

I'll probably hit pause on the 401k contributions (or dial it down to 2-3%) just to free up some cash flow. Thank you everyone for the clear consensus. This really made me laugh! Not one person suggested pausing 401k contributions before you wrote that, and you said there was a clear consensus? :oo...
by mptfan
Tue Feb 06, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Raising interest rates are good for bonds.
Replies: 17
Views: 2212

Re: Raising interest rates are good for bonds.

By the same logic lower stock prices are good if you reinvest your dividends. Not true. Dividend payments determine virtually the entire return of investment grade bonds over time with the NAV fluctuating generally around par value, while with stocks, dividend payments make up only about 2-3 percen...
by mptfan
Tue Feb 06, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262514

Re: U.S. stocks in freefall

Crushtheturtle wrote:
Tue Feb 06, 2018 4:09 am
Looks like I picked the wrong week to stop drinking.
LOL. Is that a reference to the movie Airplane!?
by mptfan
Tue Feb 06, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: RBD alert [Really Bad Day]
Replies: 86
Views: 10049

Re: RBD alert [Really Bad Day]

JCE66 wrote:
Tue Feb 06, 2018 8:10 am
What I have discovered to my delight is that following your ISP really works. :happy
I assume you meant IPS? I hope you are not following your internet service provider around all day.
by mptfan
Mon Feb 05, 2018 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Raising interest rates are good for bonds.
Replies: 17
Views: 2212

Re: Raising interest rates are good for bonds.

By the same logic lower stock prices are good if you reinvest your dividends. Not true. Dividend payments determine virtually the entire return of investment grade bonds over time with the NAV fluctuating generally around par value, while with stocks, dividend payments make up only about 2-3 percen...
by mptfan
Mon Feb 05, 2018 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Raising interest rates are good for bonds.
Replies: 17
Views: 2212

Re: Raising interest rates are good for bonds.

In the long term, rising interest rates are good for bonds. Why? Because you will be able to reinvest your interest payments (or dividends if you're in a bond fund) at the higher rates. (An intermediate bond index fund acts a "ladder" - i.e. new bonds are being purchased by the fund at new interest...
by mptfan
Mon Feb 05, 2018 6:36 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15923

Re: Blood in the water- buying?

I've got cash on the sidelines that was piling up and was waiting to take advantage of an opportunity. This last week has accelerated my plans of investing my cash this qtr. How long has your cash been sitting on the sidelines? The market is back to where it was in late November/ early December, we...
by mptfan
Mon Feb 05, 2018 1:57 pm
Forum: Investing - Theory, News & General
Topic: why are people saying there is bond issues. BND only down 2% YTD
Replies: 29
Views: 2904

Re: why are people saying there is bond issues. BND only down 2% YTD

Most observers believe that the FED will raise rates 3 times this year, probably a total of 0.75% by year's end. They may raise rates less than that, or as some believe, 4 times. Those rate increases, if they occur as expected, will be immediately reflected in the yields of MM funds. Prime MM fund ...
by mptfan
Mon Feb 05, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15923

Re: Blood in the water- buying?

greg24 wrote:
Mon Feb 05, 2018 10:15 am
We are currently riding a giant bull market, there is zero blood in the streets.
The OP said there was blood in the water, not the streets.
by mptfan
Sun Feb 04, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15923

Re: Blood in the water- buying?

Shallowpockets wrote:
Sat Feb 03, 2018 8:48 am
So this is the general premise, that when there is blood in the water you buy your investments.
How many have done this in the last three trading days?
The S&P 500 is still higher than it was at the beginning of January, barely a month ago. That's not blood in the water, that's ketchup.
by mptfan
Sun Feb 04, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: why are people saying there is bond issues. BND only down 2% YTD
Replies: 29
Views: 2904

Re: why are people saying there is bond issues. BND only down 2% YTD

b) I thought bonds and stocks are inverse correlated. I'm not sure where this thought came from. There are lots of different types of bonds, treasury bonds, corporate bonds, municipal bonds, and within those categories, there are lot of different bond grades (with the exception of treasuries) and b...