Search found 559 matches

by plannerman
Wed Aug 24, 2016 6:46 am
Forum: Investing - Help with Personal Investments
Topic: TIPS ladder - Have experience?
Replies: 11
Views: 843

Re: TIPS ladder - Have experience?

I'm 17 years into retirement and maintain about an 8-10 year TIPs bond ladder roughly matched to the expected cash flow needs from our portfolio. I have purchased a few at auction, but I mostly purchase them on the secondary market from Vanguard Brokerage Services. The spread on TIPs is very small, ...
by plannerman
Mon Aug 22, 2016 11:37 am
Forum: Investing - Theory, News & General
Topic: Dividends, and the curse of popularity
Replies: 91
Views: 6171

Re: Dividends, and the curse of popularity

Larry,

Apparently, dividends do matter when it comes to volatility. Vanguard's High Dividend Yield Index fund has a beta of .88. Vanguard's Dividend Growth fund has a beta of .83.

plannerman
by plannerman
Mon Aug 22, 2016 9:57 am
Forum: Investing - Theory, News & General
Topic: Dividends, and the curse of popularity
Replies: 91
Views: 6171

Re: Dividends, and the curse of popularity

Larry, I understand the points you are making, but I respectfully submit you didn't address my question. My question was about volatility, not return. Lower volatility should theoretically improve the sustainable withdrawal rate from a retiree's portfolio. My question is do high dividend stock mutua...
by plannerman
Mon Aug 22, 2016 7:57 am
Forum: Investing - Theory, News & General
Topic: Dividends, and the curse of popularity
Replies: 91
Views: 6171

Re: Dividends, and the curse of popularity

Larry, One aspect of high dividend yield stock mutual funds I have never seen analysed is how they perform (or if they perform differently than say TSM) during withdrawal. We know that portfolio volatility matters during the withdrawal phase. We also know, that mutual funds that focus on dividends h...
by plannerman
Sat Aug 20, 2016 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Fraud: How many times is 'normal'?
Replies: 24
Views: 1272

Re: Credit Card Fraud: How many times is 'normal'?

We had about the same experience you have had--once a year more or less--until we changed to using virtual credit card numbers for all online purchases.

Since then, knock on wood, none.

plannerman
by plannerman
Thu Aug 18, 2016 10:17 am
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 68
Views: 4429

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

I had a botched surgical procedure that required readmission to the hospital and followup corrective surgery. My guess this that this is not all that unusual an occurrence, and I suspect the surgeon and hospital both have "standard" procedures they follow. You need to push back on the hosp...
by plannerman
Mon Aug 15, 2016 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Where to report IRS impersonation scams
Replies: 26
Views: 1622

Re: Where to report IRS impersonation scams

If half of what I read in the popular press is accurate, the NSA is monitoring all our phone calls. It boggles my mind to think our government couldn't fix this problem if they were the least bit serious about trying.

plannerman
by plannerman
Mon Aug 15, 2016 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Where to report IRS impersonation scams
Replies: 26
Views: 1622

Re: Where to report IRS impersonation scams

Do you seriously think that 1) The IRS doesn't know about this problem and 2) reporting it will do any good????

plannerman
by plannerman
Thu Aug 04, 2016 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Has Anyone Filed a Formal Complaint Against a Real Estate Licensee
Replies: 30
Views: 2187

Re: Has Anyone Filed a Formal Complaint Against a Real Estate Licensee

Yes, for a much more serious situation involving multiple individual seasonal renters in SW Florida (failure to return security deposits). After a year long "investigation" the Florida Department of Professional Regulation--Division of Real Estate declined to act. I probably wouldn't waste...
by plannerman
Thu Aug 04, 2016 7:22 am
Forum: Personal Finance (Not Investing)
Topic: How are taxes different after retirement?
Replies: 39
Views: 3338

Re: How are taxes different after retirement?

3. For a variety of reasons (e.g., taxable or Roth account withdrawals or less income), one might be in a lower tax bracket with a lower marginal and effective tax rate. For example, if one moves from over $250k to under $250k, for example, the average effective federal tax rate appears to drop fro...
by plannerman
Sat Jul 30, 2016 7:03 am
Forum: Personal Finance (Not Investing)
Topic: How to deal with RMD with a TIPS ladder in an IRA
Replies: 8
Views: 550

Re: How to deal with RMD with a TIPS ladder in an IRA

One way is to simply match, or approximately match, each rung on your TIPs ladder to your projected future RMDs. For example, you project your RMD in 20xx is y dollars. You buy a TIP that matures in 20xx that will have a value in 20xx of approxamately y dollars. You do that for every year you have a...
by plannerman
Sun Jul 24, 2016 4:47 am
Forum: Personal Finance (Not Investing)
Topic: HELOC Deal.. Is it good?
Replies: 3
Views: 515

Re: HELOC Deal.. Is it good?

Just be aware of the "fine print" in the contract. It's not unusual to find that if you don't use it you may have to repay some of the closing costs.

plannerman
by plannerman
Sat Jul 23, 2016 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Daring to figure it out for myself -- To Roth or Not to Roth and defusing the RMD tax bomb
Replies: 27
Views: 3364

Re: Daring to figure it out for myself -- To Roth or Not to Roth and defusing the RMD tax bomb

Also need to keep eye on projected AGI for the year to avoid getting just over threshold into next Medicare IRMAA bracket... +1 When deciding how much to convert to a Roth IRA prior to starting RMDs, be mindful of all the implications of a higher AGI including, in addition to the IRMAA. items such ...
by plannerman
Thu Jul 21, 2016 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Help With Picking Job Title at Startup
Replies: 36
Views: 2445

Re: Help With Picking Job Title at Startup

How about "Managing Director"
by plannerman
Mon Jul 11, 2016 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Real career path for a 23 yr old with no college degree
Replies: 50
Views: 5152

Re: Real career path for a 23 yr old with no college degree

Sounds a lot like our son. He struggled at school, but managed to graduate HS. He went on to a two-year vocational school and worked in construction for while. He didn't have good fine-motor skills and couldn't read blueprints very well, so he ended up as the crew gofer and site clean up person. But...
by plannerman
Wed Jul 06, 2016 7:33 am
Forum: Personal Consumer Issues
Topic: Experience with AT&T U-verse?
Replies: 19
Views: 1540

Re: Experience with AT&T U-verse?

We recently switched from AT&T POTS plus DSL to ATT U-verse VOIP plus Internet. Because we are about 1-mile from the fiber termination, the highest speed I could get was 3 mbs--the same as we had with DSL. The biggest difference is the price is about half of what we were paying before. I can't t...
by plannerman
Mon Jul 04, 2016 5:43 pm
Forum: Personal Consumer Issues
Topic: Your Favorite Factory Tours?
Replies: 70
Views: 4536

Re: Your Favorite Factory Tours?

Sierra Nevada brewery in Asheville NC
BMW assembly plant in Greer SC
The NY Stock Exchange--back in the day when it was relevant.
by plannerman
Sun Jun 19, 2016 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Who has needed to use their owners title insurance?
Replies: 13
Views: 1675

Re: Who has needed to use their owners title insurance?

I recently applied for a home equity line of credit. When the bank did a title search, they found an unsatisfied lean against the previous owner of the property. Because I had owner's title insurance, the HELOC bank was willing to grant the line of credit notwithstanding the unsatisfied lean. Who w...
by plannerman
Sun Jun 19, 2016 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Who has needed to use their owners title insurance?
Replies: 13
Views: 1675

Re: Who has needed to use their owners title insurance?

OK, I am going to be a little pedantic here, in the interests of general education: the legal term concerning a possession of property obligation is spelled "lien", not "lean". Especially since I made the same error over 30 years ago when first learning about title insurance. Th...
by plannerman
Sat Jun 18, 2016 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Who has needed to use their owners title insurance?
Replies: 13
Views: 1675

Re: Who has needed to use their owners title insurance?

I recently applied for a home equity line of credit. When the bank did a title search, they found an unsatisfied lean against the previous owner of the property. Because I had owner's title insurance, the HELOC bank was willing to grant the line of credit notwithstanding the unsatisfied lean. Who wo...
by plannerman
Sat Jun 18, 2016 8:04 am
Forum: Personal Consumer Issues
Topic: Good place to buy new washer dryer
Replies: 26
Views: 1918

Re: Good place to buy new washer dryer

An appliance store. Which is a better option Sears, Lowes, Home depot? Possibly your local mom and pop appliance store may be a better choice from the service aspect. Their prices will probably be higher than the big box stores, but they may be more willing to go the extra mile for your business. T...
by plannerman
Sat Jun 18, 2016 7:01 am
Forum: Personal Consumer Issues
Topic: Aetna Home Medical Assessment
Replies: 9
Views: 724

Re: Aetna Home Medical Assessment

It's my understanding that health insurance companies must spend something like 89% of their premium revenues on actual health care expenses or refund (through lower premiums) the excess amount. They would rather spend this excess on services than refund it. Thus this kind of offer. I had a similar ...
by plannerman
Mon Jun 13, 2016 3:07 pm
Forum: Personal Consumer Issues
Topic: The Most and Least Expensive Cars to Maintain
Replies: 40
Views: 4354

Re: The Most and Least Expensive Cars to Maintain

The brand that surprised me the most was Subaru--particularly given the cult following here. I would have expected it to be much better than average.

plannerman
by plannerman
Fri Jun 10, 2016 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Less Expensive House, Should We Use a Bridge Loan?
Replies: 5
Views: 874

Re: Moving to Less Expensive House, Should We Use a Bridge Loan?

You should consider a "Home Equity Line of Credit". You generally need to apply for these before you put your house on the market. You can get a line of credit from most any bank bank for up to 90% of the equity in your house. Then when you buy the second house, you can draw on the line of...
by plannerman
Mon Jun 06, 2016 7:47 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 332
Views: 35280

Re: Prime Harvesting anyone?

The first question you need to ask yourself is if maximizing portfolio withdrawals in retirement the right strategy for you. It seems to me that this strategy is most appropriate for those who are just on the edge having "enough" financial assets to retire on. Those that have more than &qu...
by plannerman
Sun Jun 05, 2016 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Looking for good home insurance
Replies: 16
Views: 1475

Re: Looking for good home insurance

Beware of the "replacement cost" scam. I have been insured with Amica for 16 years and never had a homeowners insurance claim. My rates have more than doubled recently. Amica, and I presume most other insurance companies, have some secret algorithm to calculate replacement cost. The repla...
by plannerman
Sat Jun 04, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Looking for good home insurance
Replies: 16
Views: 1475

Re: Looking for good home insurance

Beware of the "replacement cost" scam. I have been insured with Amica for 16 years and never had a homeowners insurance claim. My rates have more than doubled recently. Amica, and I presume most other insurance companies, have some secret algorithm to calculate replacement cost. The replac...
by plannerman
Fri Jun 03, 2016 7:01 pm
Forum: Investing - Theory, News & General
Topic: Recession hitting within next twelve months...
Replies: 31
Views: 4623

Re: Recession hitting within next twelve months...

If I have counted correctly, there have been 12 recessions since the end of the great depression in 1933. That's 1 on average about every 7 years. So I would say Vanguard's forecast of a 10% chance is reasonably optimistic.

plannerman
by plannerman
Mon May 23, 2016 11:15 am
Forum: Personal Consumer Issues
Topic: Painting House Interior - How easy to do it yourself?
Replies: 101
Views: 6210

Re: Painting House Interior - How easy to do it yourself?

There are only a couple of things that haven't been mentioned. One. learn the correct way to hold a paint brush. You do not hold it like you are shaking hands, you hold the wide part just above the bristles between your thumb and fingers. This http://www.truevalue.com//catalog/product.jsp?productId=...
by plannerman
Fri May 20, 2016 8:24 am
Forum: Personal Consumer Issues
Topic: series/ movies filmed in your home town?
Replies: 87
Views: 3403

Re: series/ movies filmed in your home town?

- have you noticed your town or city being used for filming? Which shows? - is it honestly attributed or do you stand in for somewhere else? - is the industry significant to your home town's economy, and to you personally? - any investment thesis one could create out of that? -Dirty Dancing, Last o...
by plannerman
Thu Apr 28, 2016 5:53 am
Forum: Personal Finance (Not Investing)
Topic: End of life situation and handling IRA
Replies: 24
Views: 2337

Re: End of life situation and handling IRA

I most states, your mother is entitled to an "Elective Share" of the estate regardless of what the will says...see here https://en.wikipedia.org/wiki/Elective_share

plannerman
by plannerman
Mon Apr 25, 2016 5:13 am
Forum: Investing - Theory, News & General
Topic: If I think the market floor is much lower than the ceiling is high...
Replies: 16
Views: 1686

Re: If I think the market floor is much lower than the ceiling is high...

If you are that confident, just sell your equity positions short.

plannerman
by plannerman
Sun Apr 24, 2016 5:47 am
Forum: Personal Finance (Not Investing)
Topic: Social Security question
Replies: 9
Views: 999

Re: Social Security question

I believe there is an exception to the "one-year duration of marriage" rule that applies in this case. Here's the applicable rule from the SS Program Operations Manual System (POMS) RS 00202.001 Spouse "... In addition to meeting the relationship requirements above, a claimant must ei...
by plannerman
Tue Apr 19, 2016 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Framework for thinking about auto loan?
Replies: 14
Views: 1001

Re: Framework for thinking about auto loan?

OP, In my case, the car dealer paid me $750 to take a 3 years 10K car loan @ 1.9%. I could pay off the car loan after 6 months if I want to. Why would I want to pay cash? KlangFool My dealer told me the same thing, but I read the contract and there was no such prepayment restriction. I paid it off ...
by plannerman
Mon Apr 11, 2016 7:18 am
Forum: Personal Consumer Issues
Topic: Looking to buy a decent Windows laptop ...
Replies: 17
Views: 2027

Re: Looking to buy a decent Windows laptop ...

This outfit https://www.discountelectronics.com/ sells off-lease computers at very reasonable prices. I have bought 2 desktop CPUs and had no issues. You might want to take a look, particularly if you would rather have the Windows 7 OS.

plannerman
by plannerman
Thu Apr 07, 2016 6:55 am
Forum: Investing - Theory, News & General
Topic: Has the inflation risk premium fallen? Is it now negative?
Replies: 22
Views: 2531

Re: Has the inflation risk premium fallen? Is it now negative?

Well apparently insurance companies don't think so. I got a SPIA quote last week and they are still charging substantially more (smaller payout) for an inflation adjusted payout. Moreover. they are charging even more for CPI adjusted income stream than one that is adjusted at 3% per year.

plannerman
by plannerman
Tue Apr 05, 2016 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Business for an Irrevocable Trust?
Replies: 2
Views: 235

Re: Turbo Tax Business for an Irrevocable Trust?

I have used both TurboTax Business and H&R Block Business to do Form 1041s. I have found TurboTax a little easier to use, but H&R Block Business has been about half the cost. I used to find doing trust taxes enormously frustrating because, to me, they seem to be stuck back in the 1950s, when...
by plannerman
Mon Apr 04, 2016 5:59 pm
Forum: Personal Consumer Issues
Topic: Office Phone Cord always bunched up
Replies: 13
Views: 1089

Re: Office Phone Cord always bunched up

If you pick it up with one hand, and then change hands, you are winding it up.

plannerman
by plannerman
Mon Apr 04, 2016 7:46 am
Forum: Personal Finance (Not Investing)
Topic: 50/ can I cross the finish line?
Replies: 51
Views: 7212

Re: 50/ can I cross the finish line?

We have a mortgage at 4.75 with $150k remaining on it.no other debt. Have you considered refinancing your mortgage? I just refinanced to a 15-year at 2.875%, but I noticed the 30 year rates still hovering around 3.5 - 3.625%. Using a mortgage company promoted by Costco, my closing costs were only a...
by plannerman
Mon Mar 28, 2016 8:46 am
Forum: Investing - Theory, News & General
Topic: TIPS Anyone?
Replies: 92
Views: 7945

Re: TIPS Anyone?

I'm retired and drawing from my portfolio. I have 75% of my fixed income allocation in laddered TIPs. At this stage of my life, I care a lot more about "real guaranteed" cash flow than I than I care about return. If I were in the accumulation stage, I doubt I would own any TIPs--either ind...
by plannerman
Sun Mar 27, 2016 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: EIN needed for revocable trust?
Replies: 6
Views: 615

Re: EIN needed for revocable trust?

This sounds a little strange. If the intent is to fund the trust when the second spouse dies, the trust will be an irrevocable trust--which does require a separate EIN. But if that is the case, there is no need to open a trust account now. If the intent is to put your current assets into a trust, wi...
by plannerman
Sat Mar 26, 2016 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: sellers want us to waive financing contingency
Replies: 80
Views: 6933

Re: sellers want us to waive financing contingency

So here's the question. If the new buyer does not agree to the waiver and consequently the deal does not go to contract, will you then agree to it?

plannerman
by plannerman
Fri Mar 25, 2016 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: sellers want us to waive financing contingency
Replies: 80
Views: 6933

Re: sellers want us to waive financing contingency

Counterpoint, as a seller, if a buyer refused to agree to this, I would move on in a heartbeat. My assumption would be that the buyer was so unsure they could obtain financing, they were unwilling to put their money where their mouth is. And if I accepted that contract condition, the house would be...
by plannerman
Fri Mar 25, 2016 10:13 am
Forum: Personal Finance (Not Investing)
Topic: sellers want us to waive financing contingency
Replies: 80
Views: 6933

Re: sellers want us to waive financing contingency

Counterpoint, as a seller, if a buyer refused to agree to this, I would move on in a heartbeat. My assumption would be that the buyer was so unsure they could obtain financing, they were unwilling to put their money where their mouth is. And if I accepted that contract condition, the house would be ...
by plannerman
Mon Mar 21, 2016 9:05 am
Forum: Personal Consumer Issues
Topic: Removing mildew from vinyl siding
Replies: 25
Views: 2287

Re: Removing mildew from vinyl siding

You also might want to try Spray 9. I had previously tried most of the other products listed in this thread to try and clean the black stripes off my white aluminum gutters--with no success. I had purchased a small spray bottle of the Spray 9 to clean the mildew off some soft vinyl chair covers and ...
by plannerman
Sun Mar 20, 2016 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirees - What triggered you to retire?
Replies: 96
Views: 11017

Re: Early Retirees - What triggered you to retire?

Chest pains from working 60-70 hours a week in a high-stress job, working for a boss who couldn't find her xxx with both hands, in a company in a death spiral...I could go on, but you get the idea. As I've said on this forum before, retirement has been the best period of our lives. Retired at age 55...

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