Search found 5954 matches

by tibbitts
Mon Feb 08, 2016 8:49 am
Forum: Personal Consumer Issues
Topic: Traveling in Retirement
Replies: 45
Views: 3149

Re: Traveling in Retirement

People say they would really like to go to Paris. You ask them why not go? Because they don't want to go there stuffed into a tiny airplane seat, which would require days of recovery on both ends. And it's expensive enough that you want some payback for the pain, so you want to see everything you c...
by tibbitts
Mon Feb 08, 2016 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Moms $
Replies: 8
Views: 696

Re: Moms $

With all the predictions for lots of market volatility and 4% returns I struggle to find a way to safely invest it for her where she would be getting any kind of decent return to make the risk worth it Thank you Do you think that someone here will know of some secret investment that can guarantee a...
by tibbitts
Mon Feb 08, 2016 8:34 am
Forum: Personal Consumer Issues
Topic: Traveling in Retirement
Replies: 45
Views: 3149

Re: Traveling in Retirement

So what do we do? We have a camper and take long weekend and spring break trips to parks around Texas and the Southwest (New Mexico, Arkansas, and the Florida Gulf Coast). But even that is getting more of a trial with sullen grumpy teenagers who would rather be in a 4-star hotel than cramped in wit...
by tibbitts
Sun Feb 07, 2016 9:39 am
Forum: Investing - Help with Personal Investments
Topic: is it realistic for me to retire in 15 years?
Replies: 22
Views: 2250

Re: is it realistic for me to retire in 15 years?

It's very sad that your primary objective at 28 seems to be retirement at 40.
by tibbitts
Sun Feb 07, 2016 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Disappointed in International Funds
Replies: 42
Views: 3249

Re: Disappointed in International Funds

Right, but the frightening thing is that international still looks as bad when you look at the last 16 years, not just 3 years. Extremely high volatility with little return after many years. As with any investment in risky assets, you have to accept that the payoff may not come in your lifetime, or...
by tibbitts
Sun Feb 07, 2016 9:03 am
Forum: Personal Consumer Issues
Topic: Sell truck and buy SUV?
Replies: 22
Views: 1339

Re: Sell truck and buy SUV?

I had a truck for the past 25 yrs and decided I wanted an SUV. My "replacement" for the truck was a folding 4x8' trailer for $210 from Harbor Freight. I'm able to store it in my basement and it only takes about 10 mins. to set up. A bit more bother than having a truck but it works for me....
by tibbitts
Sun Feb 07, 2016 8:47 am
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 66
Views: 4627

Re: "Picking Individual Stocks is a Loser's Game"

Perhaps they want total transparency on what they own so they buy and hold 30 companies forever, like the Dow.

So, how are those shares of Baldwin Locomotive working out for you? Seriously, the Dow is definitely not "30 companies forever."
by tibbitts
Sun Feb 07, 2016 8:30 am
Forum: Personal Consumer Issues
Topic: Traveling in Retirement
Replies: 45
Views: 3149

Re: Traveling in Retirement

People can't "make time for it now" because they get 10 days or 15 days of vacation. Even when I was self employed, I hesitated to plan trips, because I never knew ahead of time when I might have the opportunity to work, and it would have been possible for one trip to cost me 20% of my ann...
by tibbitts
Sat Feb 06, 2016 4:40 pm
Forum: Personal Consumer Issues
Topic: Renting Bobcat
Replies: 12
Views: 1150

Re: Renting Bobcat

Are there ANY underground lines on your property (gas/electric/cable)? If so, you could have the guy come out and mark them. And while talking to him ask if he'd be willing to scan for the line(s) under the pad. Explain the situation, be clear that you're not expecting him to "officially"...
by tibbitts
Sat Feb 06, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Yikes! FA is killing me...desperate to know how to fire FA and DIY?
Replies: 34
Views: 3889

Re: Yikes! FA is killing me...desperate to know how to fire FA and DIY?

Good job, you will be happy. I was. And no need to say goodbye. Vanguard does it all for you. I now have enough experience to say that that is not entirely true, and it's not true for Fidelity either. They both follow "protocol", which basically means they won't fight for your money if th...
by tibbitts
Sat Feb 06, 2016 4:06 pm
Forum: Investing - Theory, News & General
Topic: The Gravy Train Departed?
Replies: 57
Views: 5874

Re: The Gravy Train Departed?

What is "half hard"? In the context of investing, that is...
by tibbitts
Sat Feb 06, 2016 12:08 pm
Forum: Personal Consumer Issues
Topic: Sell truck and buy SUV?
Replies: 22
Views: 1339

Re: Sell truck and buy SUV?

I had a truck for the past 25 yrs and decided I wanted an SUV. My "replacement" for the truck was a folding 4x8' trailer for $210 from Harbor Freight. I'm able to store it in my basement and it only takes about 10 mins. to set up. A bit more bother than having a truck but it works for me....
by tibbitts
Thu Feb 04, 2016 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Yikes! FA is killing me...desperate to know how to fire FA and DIY?
Replies: 34
Views: 3889

Re: Yikes! FA is killing me...desperate to know how to fire FA and DIY?

Well, the sales charges are what they are, but John Bogle had mostly good things to say about American Funds, at least in the 1990s. Are you sure they've been "sadly underperforming", particularly not counting the sales charges (a sunk cost)? Of course you'd be on a better path with a low-...
by tibbitts
Thu Feb 04, 2016 10:26 pm
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 55
Views: 4465

Re: Anyone travel without hacking?

I generally don't like traveling because of the expense and time sunk into planning, but there are some places (internationally) my wife and I would like to visit someday. When I see all the threads and blogs on travel hacking, it's hard not to feel like I'm missing out by not churning credit cards...
by tibbitts
Thu Feb 04, 2016 8:59 am
Forum: Personal Consumer Issues
Topic: Purchasing Business Class Tickets
Replies: 37
Views: 3269

Re: Purchasing Business Class Tickets

This year is our 50th wedding anniversary and my wife and I are contemplating a trip to Spain/Portugal in May. We've used up all our reward miles and I'm feeling light headed when I get quotes ($5,500) for a Business class ticket. IFlyBusiness.com quoted $3,398 for the same ticket but I've read rev...
by tibbitts
Thu Feb 04, 2016 8:40 am
Forum: Personal Finance (Not Investing)
Topic: How to get a 200k+/year job?
Replies: 107
Views: 9906

Re: How to get a 200k+/year job?

I've occasionally read on here about some folks having jobs that pay more than $200k/year. Most recently, there was someone who is 22 and just out of college that got that kind of job. I'm wondering - what industry do I need to get a degree in to land this kind of job? What kind of background is ne...
by tibbitts
Mon Feb 01, 2016 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Babysitter not providing SSN
Replies: 59
Views: 5342

Re: Babysitter not providing SSN

Will acquiring an EIN now work retroactive to a previous tax year? Not sure, just asking...
by tibbitts
Sun Jan 31, 2016 3:50 pm
Forum: Personal Consumer Issues
Topic: Buy a TV Warranty?
Replies: 32
Views: 1624

Re: Buy a TV Warranty?

I've experienced 2 out of 5 TVs purchased since the tube era fail, both shortly after (extended, with credit card) warranty expiration. An important clause to look for is what the provider will do if parts aren't available in the US, and how long they have to be unavailable to trigger that clause. B...
by tibbitts
Sun Jan 31, 2016 11:03 am
Forum: Investing - Theory, News & General
Topic: TIAA Re Acct. B/S & performance (Jan)
Replies: 29
Views: 2352

Re: TIAA Re Acct. B/S & performance (Jan)

Thanks for that analysis. To me issue is partly what else to do with TIAA RE money. Unlike the last downturn, which may have been a once-in-a-lifetime experience in terms of depth, duration, and consistency of price movement, today many of us are looking at a 1% alternative (in Traditional), not a ...
by tibbitts
Sun Jan 31, 2016 10:34 am
Forum: Investing - Theory, News & General
Topic: Zero Interest Rates on I-Bonds
Replies: 28
Views: 3999

Re: Zero Interest Rates on I-Bonds

I can see retaining bonds with a 1% or higher base rate. Ones with a 0% base, and I have a few, aren't (for me, at least) worth the hassle of converting from paper to TD, which you need to do for any registration changes.
by tibbitts
Sun Jan 31, 2016 10:15 am
Forum: Personal Consumer Issues
Topic: Replacing timing belt on 2009 Accord(Do it or sell?)
Replies: 66
Views: 3409

Re: Replacing timing belt on 2009 Accord(Do it or sell?)

Carl53 wrote:I usually get mine done by 115000.
My last timing belt changed itself at 103000. Well, it did the "remove" part of the labor, at least.
by tibbitts
Sun Jan 31, 2016 10:10 am
Forum: Personal Consumer Issues
Topic: Unwinding day old terrible car deal for mother-in-law
Replies: 186
Views: 15697

Re: Unwinding day old terrible car deal for mother-in-law

I hate car dealerships and car salesmen as much as the next guy. But in this case, I don't see what they did wrong. A 59 year old person of sound mind wanted to buy a car, and the dealership sold the person a car. The person wanted a loan and the salesman told them what kind of income was required ...
by tibbitts
Sun Jan 31, 2016 10:02 am
Forum: Personal Consumer Issues
Topic: Replacing timing belt on 2009 Accord(Do it or sell?)
Replies: 66
Views: 3409

Re: Replacing timing belt on 2009 Accord(Do it or sell?)

I've had friends ruin their engines because of belt failure past the recommended mileage. And I've had friends get to near 200,000 miles without ever changing a single timing belt. It is a tough decision and I curse the engineers whose design forces such a decision on owners. If it makes you feel a...
by tibbitts
Sat Jan 30, 2016 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Downward trend over?
Replies: 46
Views: 4041

Re: Downward trend over?

Golfview wrote:I'm taking a fast survey,I would like to see if anyone else is feeling as optimistic as myself,after doing my rebalance and our 2016 Roth contributions last week I feel like we're on our way to a great year ahead. anyone agree?

Not me.
by tibbitts
Sat Jan 30, 2016 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Immediate Fixed Annuities
Replies: 45
Views: 2597

Re: Immediate Fixed Annuities

The Managed Payout fund surely has more risk. It's unreasonable to say that portfolio withdrawals don't have more risk. They obviously do. It's also unreasonable not to acknowledge that portfolio withdrawals give you a high likelihood of much more returns, particularly in terms of "terminal va...
by tibbitts
Sat Jan 30, 2016 2:35 pm
Forum: Personal Consumer Issues
Topic: Unwinding day old terrible car deal for mother-in-law
Replies: 186
Views: 15697

Re: Unwinding day old terrible car deal for mother-in-law

I don't know what to do about the car, but you need to discontinue any financial support going forward, including any help in paying for this car.
by tibbitts
Sat Jan 30, 2016 2:25 pm
Forum: Investing - Theory, News & General
Topic: TIAA Re Acct. B/S & performance (Jan)
Replies: 29
Views: 2352

Re: TIAA Re Acct. B/S & performance (Jan)

TREA has returned about 4% annualized for the past decade, not exactly "double digits", but not horrible, either. To take a longer view, TREA has returned 6.51% annualized over the past two decades. John Yes, but I was addressing the "high single digits" statement, and that woul...
by tibbitts
Sat Jan 30, 2016 11:44 am
Forum: Investing - Theory, News & General
Topic: TIAA Re Acct. B/S & performance (Jan)
Replies: 29
Views: 2352

Re: TIAA Re Acct. B/S & performance (Jan)

We could have an off-track discussion, but there are characteristics of TREA that made it timeable. The main one was that the RE holdings were priced based on rolling annual appraisals. So REITs were falling well ahead of TREA's downturn in early 2008. This is still the basic method of valuing the ...
by tibbitts
Sat Jan 30, 2016 10:58 am
Forum: Investing - Theory, News & General
Topic: TIAA Re Acct. B/S & performance (Jan)
Replies: 29
Views: 2352

Re: TIAA Re Acct. B/S & performance (Jan)

Grok: Thank you for your analysis. I am sticking with my (sizable) holding in TREA, which I first invested in 20 years ago. Although I abandoned ship in 2008-9, I reboarded in 2010. TREA's character -- for those who like to classify investments into two classes, equities and FI -- is that it's more...
by tibbitts
Sat Jan 30, 2016 10:40 am
Forum: Personal Finance (Not Investing)
Topic: What age does LBYM (being a big saver) pay off?
Replies: 81
Views: 9786

Re: What age does LBYM (being a big saver) pay off?

It's important to realize that LBYM has paid off more for certain generations, including some of us there, than it may for younger people today. Some of us were fortunate to experience positive real interest rates on savings, favorable returns from other investments, and earnings from employment tha...
by tibbitts
Sat Jan 30, 2016 10:17 am
Forum: Investing - Theory, News & General
Topic: TIAA Re Acct. B/S & performance (Jan)
Replies: 29
Views: 2352

Re: TIAA Re Acct. B/S & performance (Jan)

Thanks for that analysis. To me issue is partly what else to do with TIAA RE money. Unlike the last downturn, which may have been a once-in-a-lifetime experience in terms of depth, duration, and consistency of price movement, today many of us are looking at a 1% alternative (in Traditional), not a 3...
by tibbitts
Fri Jan 29, 2016 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help With Girlfriends Retirement Accounts
Replies: 5
Views: 1057

Re: Help With Girlfriends Retirement Accounts

As for the AXA account, we have decided to stop her contributions altogether with that plan, transfer her funds into the plan's money market fund from which we can do a trustee-to-trustee transfer over to a traditional IRA to keep the monies from being subject to taxes. Poor Mr. Adviser is no longe...
by tibbitts
Thu Jan 28, 2016 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct is a waste of time
Replies: 41
Views: 2691

Re: Treasury Direct is a waste of time

Mel Lindauer wrote:I'm sticking with my paper I Bonds.

I'd agree except you can't stick with paper, at least not when you almost inevitably need to change the owner or co-owner or beneficiary. That's a disadvantage to the otherwise-easy-to-deal-with paper bonds that I hadn't thought of when I purchased them.
by tibbitts
Wed Jan 27, 2016 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage Account / Trust Problem
Replies: 4
Views: 550

Re: Brokerage Account / Trust Problem

I have some progress to report with my problem. I received contact information from two other offices of the brokerage that seemed to help, and the original brokerage office has now at least gotten me the forms to do the transfer, which was my initial stumbling block. But there was absolutely no hea...
by tibbitts
Wed Jan 27, 2016 1:07 am
Forum: Investing - Help with Personal Investments
Topic: Brokerage Account / Trust Problem
Replies: 4
Views: 550

Brokerage Account / Trust Problem

This is a follow-on to my annuity question, here: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=183053 but I'm starting a new thread because this is an entirely different problem. I'm the successor trustee for brokerage account held in a formerly revocable (now irrevocable) trust. The way...
by tibbitts
Wed Jan 27, 2016 12:33 am
Forum: Personal Finance (Not Investing)
Topic: John Hancock Annuity Question
Replies: 11
Views: 676

Re: John Hancock Annuity Question

You mentioned a step up. There is no basis adjustment for an annuity upon the owner's death. There also are no capital gains, just ordinary income. Older annuities are subject to different tax rules, so there might be a chance that the entire RMD is not taxable. Annuities written in the last couple...
by tibbitts
Tue Jan 26, 2016 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: John Hancock Annuity Question
Replies: 11
Views: 676

Re: John Hancock Annuity Question

I stand corrected: nobody, including VG or Fidelity, can transfer the advisor-based brokerage account either, and now that they've explained that to me, that makes sense. So as it stands, I can't do what I want with either account.
by tibbitts
Tue Jan 26, 2016 8:40 am
Forum: Personal Finance (Not Investing)
Topic: John Hancock Annuity Question
Replies: 11
Views: 676

Re: John Hancock Annuity Question

If this is a variable annuity like you said then I believe you can use someone who just has a NY securities license, but I am not positive on that rule. I also agree with you that the agent of record they assigned to your account from NY should be licensed in OK as well since that is your state of ...
by tibbitts
Mon Jan 25, 2016 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: John Hancock Annuity Question
Replies: 11
Views: 676

Re: John Hancock Annuity Question

How are their advisors different from their insurance agents? I'm not sure, and I'm not sure I should care. There is a NY financial advisor (securities broker, not a JH employee) listed on the account now and JH won't remove him without replacing him with someone else that I have to specify (and ev...
by tibbitts
Mon Jan 25, 2016 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: John Hancock Annuity Question
Replies: 11
Views: 676

Re: John Hancock Annuity Question

The insurance laws in New York are much different than nearly any other state and often times insurance companies such as John Hancock must design specific products just to meet the state of New York's standards. It sounds like you have a fixed annuity, see if there is a prospectus available just t...
by tibbitts
Mon Jan 25, 2016 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: John Hancock Annuity Question
Replies: 11
Views: 676

John Hancock Annuity Question

I'm the beneficiary, and now owner-pending-paperwork, of a very modest-sized John Hancock NY (jhannuitiesny.com) annuity. I seem to have several distribution options; the only one that seems to make sense is the non-spousal extended withdrawal, which basically requires an RMD (based on my age, I und...
by tibbitts
Mon Jan 25, 2016 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Cheapeast Card With Primary Rental Car Coverage
Replies: 9
Views: 855

Re: Cheapeast Card With Primary Rental Car Coverage

If you fly United sometimes and check a bag, then the Explorer card, also $95. Beware you can get business cards with primary coverage for no fee, but they only cover primary when the travel is for business. Years ago I had Diners and it too had primary coverage for personal use - the fee was $80 th...
by tibbitts
Sun Jan 24, 2016 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9098

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

But my experience is that among older people outside of this forum, there seem to be more feelings today that the future won't be as good for the coming generations than the same age groups expressed in previous decades. Let's hope they're wrong, because as Jack says "invest we must." To ...
by tibbitts
Sun Jan 24, 2016 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9098

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

To clarify....fiance asked me when she got a new job to set up her 403b as she had no idea what investments t9 choose. Have not looked or touched her account since that day don't know her password or username for account either. I believe the situation was her father called her and said that she sh...
by tibbitts
Sun Jan 24, 2016 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9098

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

Before you're married, It think her father has every right to help her manage her portfolio. You can only advice. However, when you're married, her father should have no business telling her what to do with her portfolio. Essentially it is for both of you legally. I will let her clarify what kind o...
by tibbitts
Sun Jan 24, 2016 6:47 pm
Forum: Personal Consumer Issues
Topic: Brake pads/rotors: will shop install my parts?
Replies: 24
Views: 1802

Re: Brake pads/rotors: will shop install my parts?

It is fairly easy to replace disc brakes pads. If you have mechanic ability of any kind you can do it. Just do the front ones first since they are probably the most worn. Then you can see how they go. There is a difference of opinion on whether or not rotors need resurfacing at all. Usually resurfa...
by tibbitts
Sun Jan 24, 2016 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9098

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

Your thinking here is completely wrong. If she chooses to have her father be involved in her finances, that's between him and her, and will never be any business of yours. And why should her father possibly care what you want or don't want? On a scale of importance, where his daughter is the most im...
by tibbitts
Sun Jan 24, 2016 10:09 am
Forum: Personal Consumer Issues
Topic: Brake pads/rotors: will shop install my parts?
Replies: 24
Views: 1802

Re: Brake pads/rotors: will shop install my parts?

In defense of letting the shop buy your parts, I had a $20 part installed in my car, as part of a process that involved over $500 in labor that I wasn't comfortable doing (or buying the tools to do) myself. I could have bought the part for less than $10. The part failed. It cost me nothing to have t...
by tibbitts
Sun Jan 24, 2016 10:02 am
Forum: Personal Consumer Issues
Topic: Brake pads/rotors: will shop install my parts?
Replies: 24
Views: 1802

Re: Brake pads/rotors: will shop install my parts?

My usual advice for service - find a local independent that services your make . Mine charges about the same for rotors and pads for our german cars as I could buy them for. You'll possibly also find that the kind of hard upsell that goes on in some of the chain stores is missing. Look for a place ...
by tibbitts
Sat Jan 23, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 100
Views: 6937

Re: What was your % pay raise?

I've really enjoyed working at [Company] over the [period of time at company], and the opportunities I've had to take on new responsibilities and help us achieve our objectives. Cautionary note: If I was a manager I would have stopped reading right there, assumed you were resigning, forwarded the l...

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