Search found 4051 matches

by protagonist
Sun Aug 28, 2016 9:28 am
Forum: Investing - Theory, News & General
Topic: Retirees Saying No To The Market
Replies: 49
Views: 4636

Re: Retirees Saying No To The Market

Do you know retirees who absolutely refuse to invest in the market? I was wondering how well they are doing financially and what are they doing to get by. Thanks. It depends what they are doing. If they have their money all in bank accounts (or under their pillows), they probably did ok (and were g...
by protagonist
Sun Aug 28, 2016 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Suncoast credit union
Replies: 5
Views: 357

Re: Suncoast credit union

FWIW....I'm no expert but I have a bunch of money spread around in various credit unions chasing the best CD yields. I never researched how good they were and I have never had any problem with any of them, though some have better web pages and customer service than others. I did have a bank go bust ...
by protagonist
Sat Aug 27, 2016 5:58 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 291
Views: 32060

Re: TIPS - Did you give up?

Yes, I gave up.

I sold what I had at a good profit several years ago. That could change in the future if TIPS yields increase enough.

I think CDs are a better bet now. I just got 3% on a 5 year certificate with 6 month EWP.
by protagonist
Fri Aug 26, 2016 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement: Where $200K Will Last 30 Years
Replies: 66
Views: 9551

Re: Retirement: Where $200K Will Last 30 Years

livesoft wrote:One could move to southern Texas and probably live cheaper than in Central America.


But if you could, would you necessarily want to?
by protagonist
Fri Aug 26, 2016 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else make this mistake? [include home as retirement income]
Replies: 34
Views: 3116

Re: Anyone else make this mistake?

It's certainly a part of your net worth calculation. But unless you plan down the road to sell your house and use part or all the proceeds to meet expenses in retirement, it should not be counted as part of your retirement calculation. After all, you'll need a place to live in retirement. :wink: So...
by protagonist
Fri Aug 26, 2016 10:40 pm
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

The definition of "travel expenses" is broad enough that it should be very easy to get the $300 travel credit for most people who do any traveling or even commuting with mass transit or tolls. Does anyone know if it's confirmed that tolls would count? I'd gladly prepay my tolltag $300 in ...
by protagonist
Fri Aug 26, 2016 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Are Bogleheads Buying I-Bonds 2016?
Replies: 85
Views: 12458

Re: Are Bogleheads Buying I-Bonds 2016?

TresBelle65 wrote:This thread is 8 months old....did the folks who planned to buy I-Bonds in 2016, do so?

Looking to see where they might fit now in my overall plans. Thanks


FWIW, I did, TresBelle.
by protagonist
Fri Aug 26, 2016 10:54 am
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

Thinking- if you want to keep an UR card, it might be worth keeping the Reserve over the Preferred beyond a year. If you spend $300 on travel per year, the cost would only be $55 annually over the cost of the preferred second year and going forward. And the perks may be worth the extra cost. I got ...
by protagonist
Fri Aug 26, 2016 10:46 am
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

Meh. The airport lounge access is worthless to me as I always travel with the wife, and "see ya later I'll be in the lounge" isn't gonna fly. And I'm not paying $75/yr for an authorized user, nor two $450 annual fees so she can have one too. I traveled with a partner last week on a Citi P...
by protagonist
Fri Aug 26, 2016 10:40 am
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

sorry if this has been answered already, but to flights purchased through Chase ultimate rewards earn miles on the airline flown? Or does purchasing through Chase classify the ticket as one which is not eligible to earn miles with? You still earn miles. If you purchase with cash you earn miles on t...
by protagonist
Fri Aug 26, 2016 8:12 am
Forum: Investing - Theory, News & General
Topic: Timing the Stock Market...lol
Replies: 25
Views: 2464

Re: Timing the Stock Market...lol

At any rate, from 1840 through 1960, every President elected in a year ending in zero died in office . That's seven in a row. Fortunately for our Presidents, but unfortunately for our belief in chance patterns, it hasn't happened again. Relevance to this forum- let that be a lesson for those who re...
by protagonist
Fri Aug 26, 2016 7:53 am
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

Thinking- if you want to keep an UR card, it might be worth keeping the Reserve over the Preferred beyond a year. If you spend $300 on travel per year, the cost would only be $55 annually over the cost of the preferred second year and going forward. And the perks may be worth the extra cost. I got i...
by protagonist
Wed Aug 24, 2016 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: How do you view debt?
Replies: 103
Views: 5548

Re: How do you view debt?

Yet people rent their living space, which is even less control. I have done both, and in neither case did I have any sense of unease. Ownership with mortgage has the advantage that as long as you make that payment (and taxes) you're basically safe. Earl I inherited a home in Florida in 2005 that wa...
by protagonist
Wed Aug 24, 2016 9:24 am
Forum: Personal Consumer Issues
Topic: Best way to sell a home in Florida
Replies: 0
Views: 169

Best way to sell a home in Florida

I am considering selling a home I inherited in an over-55 community between W Palm Beach and Ft. Lauderdale. Has anybody on this forum tried selling a home, or know people who have, using an unconventional approach- that is, any alternative to the standard set agent commission arrangement (6% or wha...
by protagonist
Wed Aug 24, 2016 9:14 am
Forum: Investing - Help with Personal Investments
Topic: How do you view debt?
Replies: 103
Views: 5548

Re: How do you view debt?

In addition to all the financial disadvantages of debt outlined above, there are the psychological ones, which I don't think have been addressed. The purpose of life (for me) is much more to be happy than to be rich, and the two don't always move in tandem. And debt is anxiety-provoking....besides w...
by protagonist
Tue Aug 23, 2016 9:32 am
Forum: Personal Finance (Not Investing)
Topic: What's worth more?
Replies: 28
Views: 2481

Re: What's worth more?

I'm 64 and if I die tomorrow I already have enough saved to leave my heirs a good inheritance. Based on my specific life situation and financial needs, if I had to make the decision today, my first reaction would be to take the inflation-adjusted pension, which would provide me with lifetime securit...
by protagonist
Tue Aug 23, 2016 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Should I do Roth conversions?
Replies: 10
Views: 786

Re: Should I do Roth conversions?

Thank you all for your responses. The factors to consider are quite complicated it seems. Maybe this will help: My projections: - SS income: about $35K/year starting age 70. - RMDs at 4% based on $425K/year in IRA: $17K/year. With time the percentage will go up but the principal should go down, assu...
by protagonist
Tue Aug 23, 2016 1:07 am
Forum: Investing - Help with Personal Investments
Topic: Should I do Roth conversions?
Replies: 10
Views: 786

Should I do Roth conversions?

My situation: - 64 y o, single, retired since 2008. - I only have about $425K in my conventional IRA, all invested in CDs, mostly at ~3% APY (hopefully enough to keep up with inflation and maybe make a little real profit). . - I am deferring SS until age 70, at which time I should receive ~35K/year ...
by protagonist
Tue Aug 23, 2016 12:00 am
Forum: Personal Finance (Not Investing)
Topic: What's worth more?
Replies: 28
Views: 2481

Re: What's worth more?

Just interested in the prevailing opinion among the Personal Finance wizards on this board: What's more valuable? 1. $1,000,000.00 in a retirement account? or 2. A joint life 2-person inflation-adjusted Federal pension paying $40,000.00/year Which would you prefer? Difficult question to answer by l...
by protagonist
Mon Aug 22, 2016 11:52 pm
Forum: Personal Consumer Issues
Topic: Honeymoon - Alaska or Greece
Replies: 22
Views: 1555

Re: Honeymoon - Alaska or Greece

tjschraf wrote:Y I am leaning towards Alaska since this will be the hardest state to cross off my 50 state goal in the future.



Would your fiancee also lean towards Alaska because it will be the hardest state for her to cross off her 50 state goal in the future?

After all, it is your honeymoon.
by protagonist
Mon Aug 22, 2016 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: CD vs Short Term Inv Grade Bond
Replies: 12
Views: 1603

Re: CD vs Short Term Inv Grade Bond

You may be able to do better than 1.7% for a 5 year CD.

Check this source: https://www.depositaccounts.com/cd/5-year-cd-rates.html
by protagonist
Mon Aug 22, 2016 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Are these fees / returns reasonable
Replies: 38
Views: 2448

Re: Are these fees / returns reasonable

IMHO, as per essentially all the posters above, you are getting a raw deal. It does not matter why you are....just that you are. No more debate is needed. Get out ASAP. The best course of action is to fire your advisor today, since you are paying him close to $50 per day to manage your money. No dis...
by protagonist
Mon Aug 22, 2016 12:39 pm
Forum: Personal Consumer Issues
Topic: Recommend Ad Blockers
Replies: 54
Views: 3564

Re: Recommend Ad Blockers

I would like to find an effective ad blocker for Android without rooting my phone. None I have tried on Android 6.0/6.1 seem very effective. Agreed. I tried NetGuard and AdBlockPlus (both of which need to be downloaded online and NOT from Google Play). I couldn't get NetGurard to work (although fol...
by protagonist
Sun Aug 21, 2016 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Falling behind the age / salary curve?
Replies: 37
Views: 5323

Re: Falling behind the age / salary curve?

Kudos for making 13K/year as a guitarist while working full time as an engineer! I'm impressed! (You must not be playing jazz *laughing*) I know the bottom line is that I'm happy and that's what matters most. You BET it is!!!! (That's all I have to say...beyond that your question is outside my realm...
by protagonist
Sun Aug 21, 2016 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Hardworking brother trying to divorce, needs advice. Out of my element. Advice please!
Replies: 11
Views: 2011

Re: Hardworking brother trying to divorce, needs advice. Out of my element. Advice please!

Without one's mental health, one has nothing. I would get a lawyer, get divorced and move on. +1 The best lawyer he can afford. I should add, he should do this first, ASAP, before he says a word to his wife about it. If he discusses divorce with her before choosing a lawyer, she may have already ma...
by protagonist
Sun Aug 21, 2016 10:24 pm
Forum: Personal Consumer Issues
Topic: Life insurance: approved by 2 companies. Can I negotiate premium?
Replies: 8
Views: 1054

Re: Life insurance: approved by 2 companies. Can I negotiate premium?

A third option....assess why you are applying for life insurance. Would your family be ok if you died and did not have it? Or is it necessary for their continued comfort and survival? If the former is the case, your family would probably be better off in the long run if you did not get life insuranc...
by protagonist
Sun Aug 21, 2016 10:08 pm
Forum: Investing - Theory, News & General
Topic: Time Diversification - bottom line, what do you do?
Replies: 41
Views: 3592

Re: Time Diversification - bottom line, what do you do?

I think the reason we post so much about AA's, numbers, et al, is because we have so little control over them. We're trying to will them to our command somehow. Instead focus on the things you do have control over, your behavior, your sweat equity and your spending levels. IMO they will have a much...
by protagonist
Sun Aug 21, 2016 8:37 pm
Forum: Personal Consumer Issues
Topic: Recommend Ad Blockers
Replies: 54
Views: 3564

Re: Recommend Ad Blockers

I would like to find an effective ad blocker for Android without rooting my phone.

None I have tried on Android 6.0/6.1 seem very effective.
by protagonist
Sun Aug 21, 2016 6:52 pm
Forum: Investing - Theory, News & General
Topic: Time Diversification - bottom line, what do you do?
Replies: 41
Views: 3592

Re: Time Diversification - bottom line, what do you do?

risk risk/Submit noun 1. a situation involving exposure to danger. "flouting the law was too much of a risk" verb 1. expose (someone or something valued) to danger, harm, or loss. To me, "risk" in investing is the sum of many different things at the same time. There is the risk o...
by protagonist
Sun Aug 21, 2016 6:40 pm
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

Wow....all those abbreviations....I feel like I am on flyertalk.com (laughing) Anywow, yes, I will downgrade Preferred to Freedom if I downgrade it at all, assuming it does not count as another card towards 5/24. That would leave me with two Freedom cards. My concern- if I don't want to renew Reserv...
by protagonist
Sun Aug 21, 2016 11:50 am
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

FWIW, Just got off phone with Chase rep.

She said that the Sapphire Reserve card should be available in branches Monday (tomorrow), and online later in the week.

If the info is wrong, please don't shoot the messenger.
by protagonist
Sun Aug 21, 2016 10:05 am
Forum: Personal Consumer Issues
Topic: Does downgrading credit card count towards Chase 5/24 rule?
Replies: 4
Views: 599

Does downgrading credit card count towards Chase 5/24 rule?

This is a rather specific question that may be difficult to answer but I will ask anywow. I want to downgrade my $450/yr. Citi Prestige card to a free Citi Preferred card at renewal time (now). I am concerned that doing so may count as a new opened credit card towards Chase's 5/24 rule, and if so, I...
by protagonist
Sat Aug 20, 2016 8:41 pm
Forum: Forum Issues and Administration
Topic: Improving the Bogleheads forum
Replies: 86
Views: 5907

Re: Improving the Bogleheads forum

Perhaps some language near the google box to the effect of… "Have a question? Research it here first!" I have no problem with repeating information for people. This would most often affect newbies, with a lot of general questions that have probably been answered several times in the past....
by protagonist
Sat Aug 20, 2016 8:25 pm
Forum: Forum Issues and Administration
Topic: Improving the Bogleheads forum
Replies: 86
Views: 5907

Re: Improving the Bogleheads forum

Miriam2 wrote:
patriciamgr2 wrote:Huge shout out to administrators--we don't thank you enough for the extraordinary work you do. Thank you!

I agree a million times over for maintaining this wonderful forum that has improved the financial lives of so many. :D :D


+1
by protagonist
Sat Aug 20, 2016 8:14 pm
Forum: Forum Issues and Administration
Topic: Improving the Bogleheads forum
Replies: 86
Views: 5907

Re: Improving the Bogleheads forum

I don't have any serious complaints at all. It would be nice if it was easier to delete one's own posts, even after others have responded. There have been multiple times when I posted something, then realized for whatever reason that I wanted to delete it, and it was too late (most often accidental ...
by protagonist
Sat Aug 20, 2016 12:59 pm
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3074

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

Btw, is Black swan idea the same as Turkey Illusion? (may also be known as calculable risk illusion) I never heard of Turkey Illusion, but the humor of the term caused me to look it up. http://www.psyfitec.com/2014/05/the-turkey-illusion-audience-with-gerd.html Interesting. In a simple system where...
by protagonist
Sat Aug 20, 2016 12:34 pm
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3074

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

What would be some of his loony ideas? If you care to elaborate. Thanks. I don't recall, but somebody posted a big list of them in a thread here a few years back. Many struck me as very loony. I think they were from his Antifragile book. Ah...I found the post. https://www.bogleheads.org/forum/viewt...
by protagonist
Fri Aug 19, 2016 11:53 am
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

Is IHG hotels not a good use of UR transfer? ... Do all reward partners transfer at a 1:1 ratio? 1) Correct. IHG also sells points for about $.007/each. 2) Yes. If you go to the "transfer" screen on the Ultimate Rewards website, you may see that right up at the top of the page. Of the UR ...
by protagonist
Fri Aug 19, 2016 11:38 am
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

Official: Chase Announces the Sapphire Reserve Card with 100,000-Point Bonus http://thepointsguy.com/2016/08/chase-announces-the-sapphire-reserve-card/ . This is a great tip. Thanks. Apparently they are not overtly offering the card with a 100K bonus yet, but they will supposedly start Aug 21. I wo...
by protagonist
Fri Aug 19, 2016 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Debt Free - Now What
Replies: 37
Views: 3387

Re: Debt Free - Now What

Everyone, I suppose the reason for my post in simple terms, is I am hoping someone knows of an investment that is "different" than a normal balanced stock portfolio. I just feel like the options are so limited right now on storing your money. In my (flawed) opinion, stocks are overvalued,...
by protagonist
Thu Aug 18, 2016 10:32 pm
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 108
Views: 10888

Re: Best Use of Ultimate Rewards Points

Official: Chase Announces the Sapphire Reserve Card with 100,000-Point Bonus http://thepointsguy.com/2016/08/chase-announces-the-sapphire-reserve-card/ . This is a great tip. Thanks. Apparently they are not overtly offering the card with a 100K bonus yet, but they will supposedly start Aug 21. I wo...
by protagonist
Thu Aug 18, 2016 7:46 pm
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3074

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

Protagonist, good point, but maybe a better example with lesser artists is needed? I mean who would dare claim authorship or change the name of a Kris Kristofferson (and Fred Foster) creation?! I think even Kristofferson realized Joplin expressed his song better than anyone, so you could even say i...
by protagonist
Thu Aug 18, 2016 7:39 pm
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3074

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

A couple of things: 1/ When I see the words "metaphor" and " theory" in the same paragraph I grew extremely suspicious. Agree. If the argument is " small changes produce large unexpected outcomes", I agree, but nothing new. Actually it was extremely new when Edward Lor...
by protagonist
Thu Aug 18, 2016 6:49 pm
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3074

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

... however unpalatable since it sort of implies lack of control over one's future, and that the best laid plans of mice and men often go astray in time. This is anathema to what we like to believe. ... Would this idea or sentiment apply to overall life in general as well? Meaning, if someone decid...
by protagonist
Thu Aug 18, 2016 12:42 pm
Forum: Investing - Theory, News & General
Topic: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?
Replies: 42
Views: 3074

Re: How Fama, Shiller, Taleb, Kahneman, Thaler ... compare?

you've heard of the Black Swan concept, which is his. No, it is not. The term is his and it is catchy. From my understanding of Black Swans, he is a popularizer of chaos theory and complexity theory, which is valid, hugely important and underappreciated by many as applied to economics, though to my...
by protagonist
Thu Aug 18, 2016 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Debt Free - Now What
Replies: 37
Views: 3387

Re: Debt Free - Now What

At the end of this year I will be debt free, with all mortgages paid off. I am 35, an officer in the Air Force and can retire in about 6 years, will more than likely retire in about 10, with a full pension worth between 50-60k a year, and minimal medical expenses for my family thanks to TriCare. My...
by protagonist
Thu Aug 18, 2016 12:01 pm
Forum: Investing - Theory, News & General
Topic: Time Diversification - bottom line, what do you do?
Replies: 41
Views: 3592

Re: Time Diversification - bottom line, what do you do?

Being more aggressive in retirement is more risky for the obvious simple reason Agreed. But there are those who argue that over the long term stocks are just as risky. I agree completely with that. Stocks are, of course, risky over the long term, since as a complex, nonlinear and chaotic system wit...
by protagonist
Wed Aug 17, 2016 8:54 pm
Forum: Personal Consumer Issues
Topic: Gutters and gutter guards
Replies: 39
Views: 3005

Re: Gutters and gutter guards

I have a Victorian house. The gutters that are easily accessible to me with a hand-held leaf blower I clean myself with a leaf blower (corded model, under $50 at Home Depot) after the leaves drop in the fall. It's sort of fun. Those that are not easily accessible to me I have paid a handyman to clea...
by protagonist
Wed Aug 17, 2016 8:45 pm
Forum: Investing - Theory, News & General
Topic: Time Diversification - bottom line, what do you do?
Replies: 41
Views: 3592

Re: Time Diversification - bottom line, what do you do?

Being more aggressive in retirement is more risky for the obvious simple reason- you do not have the safety net of employment and a life of income ahead of you. A 30 year old with, say, a secure, steady 50K/year job and 100K, or even 10K or 1K, in investments is still fine if he is 100% in stocks an...

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