Search found 246 matches

by jcar
Sat Aug 01, 2020 9:23 am
Forum: Personal Investments
Topic: Annuity, to good to believe?
Replies: 6
Views: 565

Re: Annuity, to good to believe?

Thanks for the responses. If they come back with any details I'll post here. Thanks
by jcar
Sat Aug 01, 2020 9:15 am
Forum: Personal Investments
Topic: Annuity, to good to believe?
Replies: 6
Views: 565

Re: Annuity, to good to believe?

Thanks. It was the payout that really got my attention. 7.5% I responded to the writer for details and company but haven't heard anything. I just reviewed his post again and it says it is a guranteed lifetime return.
by jcar
Sat Aug 01, 2020 8:42 am
Forum: Personal Investments
Topic: Annuity, to good to believe?
Replies: 6
Views: 565

Annuity, to good to believe?

Recently on another financial oriented site some one posted they have an annuity that pays a guaranteed 7.5% payout plus the rate of inflation and an "income doubler" for long term care. Seems incredible to me. Is there such a product offered and how is it referred too? I'm familiar with a SPIA and ...
by jcar
Fri Jul 24, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: What surprised you the most once you retired?
Replies: 251
Views: 26461

Re: What surprised you the most once you retired?

Being over three years into my retirement I found surprising how easily I tuned out the details of the job. Also I found it surprising how little money is required to support myself month to month. U til the latest unpleasantness I was traveling the world extensively, bought a new car just because I...
by jcar
Fri Jul 17, 2020 9:41 am
Forum: Personal Consumer Issues
Topic: Advice on a more livable place
Replies: 145
Views: 11971

Re: Advice on a more livable place

Consider VA or even W VA if you are interested in public schools. NC is very uneven in education and in transition typically not for the better. SC is a state to consider in the coastal region for good schools and affordability.
by jcar
Thu Jul 16, 2020 9:14 pm
Forum: Personal Investments
Topic: Dividend Reinvestment: Yes or No?
Replies: 23
Views: 1977

Re: Dividend Reinvestment: Yes or No?

If you're fairly new to managing your investments you probably want to reinvest for a few years. After that, perhaps explore using the dividends for other buys.
by jcar
Fri Jul 03, 2020 10:14 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6078

Re: Thinking about joining Air National Guard at 31 years

Having served in the Marine Corps at a young age, 17, it was the best thing that ever happened for me. After discharge they paid for my education and today I use my health care benefits. For someone at your point in life I suspect you may be disappointed and certainly your family will make significa...
by jcar
Sat Jun 06, 2020 8:59 pm
Forum: Personal Consumer Issues
Topic: Viking Cruise Cancellation
Replies: 15
Views: 1519

Re: Viking Cruise Cancellation

The cruise companies are all in a severe cash-flow crunch. They are doing everything they can to not disburse cash. They will delay until the last possible day that the contract allows. 60 to 90 days is not unusual. I have not yet received my refund for an April cruise, I check my credit card accou...
by jcar
Thu May 21, 2020 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Airline refusing to issue refunds
Replies: 167
Views: 15330

Re: Airline refusing to issue refunds

I just went through a somewhat similar deal with Princess Cruise Lines. They cancelled an April cruise for the obvious reasons. They would not refund fare. This past Friday I contacted my credit card with all my documentation. They had money back to me on Tuesday. I called them to convert to cash, n...
by jcar
Tue Apr 28, 2020 10:23 pm
Forum: Investing - Theory, News & General
Topic: What is the worst investing emotion and how does one avoid it?
Replies: 27
Views: 1539

Re: What is the worst investing emotion and how does one avoid it?

The below is a trememdous observation. Though during this crash/correction I didn't go all in I did take available cash and make what I think we're some really good long term buys in utilities and a couple other equities. I spoke with a neighbor today and he said he's waiting for the market to retur...
by jcar
Sat Apr 25, 2020 9:31 pm
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 116
Views: 7539

Re: Go or no go on Carnival cruise

I enjoy cruising a couple times per year. I'm supposed to be on one now. I might review in August but only if we see a lot of progress in control and a pro active plan on what cruise lines are doing in future for preventing disease spread on board. I'd wait on the 100.00 as they may likely cancel cr...
by jcar
Sat Apr 18, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Pension vs. simply investing? Is pension even worth it at all?
Replies: 58
Views: 3744

Re: Pension vs. simply investing? Is pension even worth it at all?

I retired in the private sector with a defined benefit pension. Reassuring to receive that monthly check. I justleavethe IRA and savings un touched until RMD time.
by jcar
Sat Apr 18, 2020 9:18 pm
Forum: Personal Consumer Issues
Topic: How to get Liquid Hand Soap? seriously.
Replies: 76
Views: 4378

Re: How to get Liquid Hand Soap? seriously.

We bought two 84 oz bottles at Dollar Store. They seem to have plenty labe,ed anti bacterial and anti viral. Many years supply now.
by jcar
Sat Apr 18, 2020 9:18 pm
Forum: Personal Consumer Issues
Topic: How to get Liquid Hand Soap? seriously.
Replies: 76
Views: 4378

Re: How to get Liquid Hand Soap? seriously.

We bought two 84 oz bottles at Dollar Store. They seem to have plenty labe,ed anti bacterial and anti viral. Many years supply now.
by jcar
Sun Apr 12, 2020 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Why not buy mobile homes instead of overpriced traditional homes?
Replies: 82
Views: 8943

Re: Why not buy mobile homes instead of overpriced traditional homes?

I'VE owned and rented mobile homes in the past. I always purchased the structure used and always on a deeded lot. I did quite well with them and found collecting rent was much easier than with a traditional house. The number one thing to do for longevity is to maintain the roof which is quite easy. ...
by jcar
Mon Mar 30, 2020 9:47 pm
Forum: Personal Consumer Issues
Topic: Is the coronavirus stay-at-home experience a preview of retirement life?
Replies: 61
Views: 4352

Re: Is the coronavirus stay-at-home experience a preview of retirement life?

I'm almost 3 years into full retirement and it is nothing like this Tay home stuff. I was supposed to leave for Europe on 4-19. We just returned from Portugal in October. Had a trip to South America in January. When home I'm swimming daily and staying busy with writing, etc. I guess some do just ret...
by jcar
Fri Mar 20, 2020 8:23 am
Forum: Personal Investments
Topic: I knew this was going to happen and did nothing...
Replies: 107
Views: 10158

Re: I knew this was going to happen and did nothing...

Imagine you are a month in to SARS, MERS, Ebola, H1N1, or even the mega-deadly 1918 Bird Flu; would you have the same urge to sell it all and wait for a 30% drawdown? A great observation. I'm retired in the last couple years and I stayed the course feeling something was going to drop big. I also lo...
by jcar
Wed Mar 18, 2020 10:23 pm
Forum: Investing - Theory, News & General
Topic: "3 Charts That Show Why Investors Should Stay the Course Throughout Market Turmoil"
Replies: 31
Views: 4840

Re: "3 Charts That Show Why Investors Should Stay the Course Throughout Market Turmoil"

I have stayed the course through the recent crash/correction. It is my plan not to be bailing out. A question I do have is I usually balance my portfolio of 55-45% at he end of the year. Should I now do it sooner? I hold ample cash reserves in CDs and Mms. Another question is should I stop reinvesti...
by jcar
Fri Mar 13, 2020 9:30 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12628

Re: Are you still going to the gym ...

I swim 5 days a week. Minimal contact with any patrons as I go at the least busy time. I shower afterwards. Any danger from the pool water ? Thanks
by jcar
Thu Jan 30, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 756
Views: 65869

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

I just saw another comment where someone was touting the benefits of a pretax 401k vs a Roth where they said most people will be in a lower tax bracket in retirement so pretax is better. While that is a pair of factually correct statements. Most people will be in a lower bracket. And if you are in ...
by jcar
Wed Jan 22, 2020 10:18 pm
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 27490

Re: Sad news: LadyGeek's husband has passed

LG my condolences. You'll be in my prayers. Thanks for all you do year round.
by jcar
Mon Jan 20, 2020 1:49 pm
Forum: Personal Consumer Issues
Topic: If you could only listen to one podcast...
Replies: 138
Views: 11943

Re: If you could only listen to one podcast...

JAZZISCOOL wrote:
Sun Jan 19, 2020 6:52 pm
Criminal

https://thisiscriminal.com/

"Criminal Is A Podcast About Crime
Stories of people who’ve done wrong,
been wronged, or gotten caught somewhere in the middle."
I checked out criminal last night. A really interesting program based on the one I heard. Thanks for the suggestion!
by jcar
Thu Dec 26, 2019 10:42 am
Forum: Investing - Theory, News & General
Topic: Is there ever a good time to sell and lock in ?
Replies: 84
Views: 6185

Re: Is there ever a good time to sell and lock in ?

Forget trying to time the market. One who even watches the market is making a big mistake. Buy low-cost index funds through thick and thin and go enjoy life. This writer has it right I believe. At a Christmas party I heard a couple of people talking about watching market pricing throughout each day...
by jcar
Tue Dec 17, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: Strategy to work a deal when buying a car
Replies: 38
Views: 3236

Re: Strategy to work a deal when buying a car

There are many posts, but here's one that laid out a process In short Settle on the vehicle you want (make, model, trim, accessories) email as many dealers as possible in a driving area... for us it's 3 hours Ask for out the door pricing, all fees they will charge you refuse to talk by phone, all b...
by jcar
Fri Dec 13, 2019 10:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Forced Liquidation of Holders of UBS ETRACS Exchange Traded Notes
Replies: 16
Views: 1724

Re: Vanguard Forced Liquidation of Holders of UBS ETRACS Exchange Traded Notes

Certainly these notes are rather far out on the risk spectrum. Still I find amazing there dictating to clients how and in what products they can invest. I'm a long time Flagship client but a few months ago I did a significant in kind transfer to another brokerage. I'm just not as comfortable with cu...
by jcar
Thu Nov 28, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: New Phone Scam - Up A Notch
Replies: 59
Views: 5320

Re: New Phone Scam - Up A Notch

I find it amazing that an investment company, J D Mellenberg calls me very few months using a spoofed location and number then proceeds to pitch me on investing with them. I've pointed out repeatedly who would consider sending money to anyone who starts out intentionally lying and misleading. The gu...
by jcar
Fri Nov 15, 2019 10:15 am
Forum: Personal Investments
Topic: Did anyone get this email from Vanguard?
Replies: 7
Views: 765

Re: Did anyone get this email from Vanguard?

I'm a Flagship client and did not receive. It is curious.
by jcar
Mon Nov 11, 2019 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance
Replies: 60
Views: 5866

Re: Dental Insurance

If your a veteran check with VA about a plan they offer for a married couple via Delta Insurance. I've been told by others it is quite comprehensive with all services being covered. Good luck.
by jcar
Sun Nov 10, 2019 2:10 pm
Forum: US Chapters
Topic: U. S. Marine Corps Birthday
Replies: 22
Views: 2010

Re: U. S. Marine Corps Birthday

Semper Fi.
1970
by jcar
Sun Oct 27, 2019 9:29 pm
Forum: Personal Investments
Topic: Ways to avoid account transfer fees between brokerages?
Replies: 15
Views: 1091

Re: Ways to avoid account transfer fees between brokerages?

I got hit with a $95 fee per account with Wells Fargo when I moved funds. I moved 3 account, so $285. In hindsight, I should have left $1 in there just for spite. Ive done business there for decades also. Really soured me even further to where I plan to move it all out. I personally think there sho...
by jcar
Sun Oct 27, 2019 9:22 pm
Forum: Personal Consumer Issues
Topic: Folks age between 65-70. What’s your exercise routine
Replies: 44
Views: 5252

Re: Folks age between 65-70. What’s your exercise routine

I was a runner who ran for 48 years. Gave it up and switched over to swimming 1200 meters 4 days per week. Walk on off swim days. Also do planks and modified sit ups five days per week. I'm 67 and I've been told by my physician in excellent condition.
by jcar
Sat Oct 26, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship clients no longer have a personal rep
Replies: 48
Views: 5006

Re: Flagship clients no longer have a personal rep

I was personally told by my VG rep this was happening. I agree that it saves repeating any issues in detail. I made the decision last week to move all my non VG investments away from them to another brokerage. I did leave my VG funds there with the exception of one that I moved that triggered a larg...
by jcar
Sun Oct 13, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Seller misrepresented fulfillment of defect fixes - next steps? sue?
Replies: 56
Views: 5726

Re: Seller misrepresented fulfillment of defect fixes - next steps? sue?

No doubt, all realtors are chasing the commission, nothing else. I've been through your same scenario, basically twisting there arm to make them do their job. Always verify personally work has been done properly BEFORE closing. Has anyone ever to.ed a claim with real estate licensing board after a c...
by jcar
Sat Oct 12, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Seller misrepresented fulfillment of defect fixes - next steps? sue?
Replies: 56
Views: 5726

Re: Seller misrepresented fulfillment of defect fixes - next steps? sue?

I've sold and bought many properties over the years. I've found that realtors fulfill only one purpose, to locate a buyer or seller, nothing more. I sold one about 6 weeks ago where the agent was supposedly representing me. When it appeared she was feeding my thoughts on negotiation to seller I aske...
by jcar
Fri Sep 20, 2019 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance for Retirees
Replies: 62
Views: 5330

Re: Dental Insurance for Retirees

The New York Times had an article titled More Fun Than Root Canals? It’s the Dental Vacation --- https://www.nytimes.com/2008/02/07/fashion/07SKIN.html That might be a good option depending on what dental procedures you require. Otherwise for simple things like fillings I would recommend paying out...
by jcar
Fri Sep 20, 2019 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Dental Insurance for Retirees
Replies: 62
Views: 5330

Re: Dental Insurance for Retirees

The New York Times had an article titled More Fun Than Root Canals? It’s the Dental Vacation --- https://www.nytimes.com/2008/02/07/fashion/07SKIN.html That might be a good option depending on what dental procedures you require. Otherwise for simple things like fillings I would recommend paying out...
by jcar
Wed Sep 18, 2019 4:56 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2236
Views: 384954

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

So if you move 200k now then 200k a month later does that double the bonus. Thanks
by jcar
Fri Sep 13, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Brokerage Transfer Fee [Merrill Edge]
Replies: 21
Views: 3578

Re: Avoiding Brokerage Transfer Fee [Merrill Edge]

I'm considering leaving Vanguard for Merrill Edge. They've offered some nice incentives and I was told yesterday Vanguard is moving away from the Flagship personal advisors. I'M considering leaving some money at vanguard. Does this present any problem for anyone who has ever done this. Has anyone ha...
by jcar
Thu Sep 12, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: [Buying 1/2 pint milk in bulk for school lunches?]
Replies: 68
Views: 4913

Re: [Buying 1/2 pint milk in bulk for school lunches?]

Actually 1/2 pint milk pricing is now under investigation in a few states for price fixing. Contact your local school board and you might be shocked at how much they pay and the lack of availability not because dairies don't package but they geographically limit the areas where they deliver so you e...
by jcar
Thu Sep 12, 2019 7:48 am
Forum: Personal Consumer Issues
Topic: Calling all iPhone SE Bogleheads
Replies: 61
Views: 5295

Re: Calling all iPhone SE Bogleheads

Love the SE, especially the size. For some reason it will not count the stairs climbed like other phones however. Has anyone found a way to make the SE count stairs climbed? Thanks.
by jcar
Wed Sep 11, 2019 9:44 pm
Forum: Personal Consumer Issues
Topic: Calling all iPhone SE Bogleheads
Replies: 61
Views: 5295

Re: Calling all iPhone SE Bogleheads

I would think that this phone is what the majority of Bogleheaddom has. It is the least expensive iPhone (I think) and has enough bells and whistles to meet most needs. On the how old is your cellphone thread, I saw at least three of you with iPhone SEs :-) We've purchased a few SEs in our househol...
by jcar
Wed Sep 04, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Different type of credit card question
Replies: 2
Views: 422

Different type of credit card question

I know the site has often times dealt with card questions that relate to rebates , points, etc. Mine differs a bit. I've been with Citi Card with the 2% cash back for sometime. They recently eliminated many card benefits. The one I felt was important was the travel protection coverage. Basically if ...
by jcar
Sun Sep 01, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 59
Views: 5471

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

My wife went to cash in paper U.S. savings bonds recently and was told by bank they don't do this any longer. This was at Wells Fargo. I thought banks were required to cash these. Any one know for certain. Thanks.
by jcar
Fri Aug 02, 2019 10:03 pm
Forum: Personal Investments
Topic: Using IRA money to purchase an investment property
Replies: 11
Views: 1553

Re: Using IRA money to purchase an investment property

I was told owner relatives must stay arms length away and not ever use even by renting. One of the penalties was literally being from all tax deferred status on your entire holdings. That would be a back breaker.
by jcar
Fri Aug 02, 2019 9:59 pm
Forum: Personal Investments
Topic: Bob Brinker Retirement
Replies: 37
Views: 8561

Re: Bob Brinker Retirement

I dug way back and you deduced correctly. I did , as you say, loosely follow his direction and it worked out quite well. After this I pretty much decided timin or jumping around did not appeal to me.
by jcar
Thu Aug 01, 2019 4:41 pm
Forum: Personal Investments
Topic: Bob Brinker Retirement
Replies: 37
Views: 8561

Re: Bob Brinker Retirement

I followed his adcice twice as I recollect. In the very late90s or perhaps in early 2000 he recommended selling equitiesincluding funds. I followed his advice and I believemoved to bond funds he recommended. It worked out quite well. Later thatsame yearhe referred to "scalping profitsout of a bear m...
by jcar
Tue Jul 30, 2019 8:49 am
Forum: Personal Investments
Topic: Using IRA money to purchase an investment property
Replies: 11
Views: 1553

Re: Using IRA money to purchase an investment property

I told everyone I'd report back after receiving information. Definitely not for me. Rules are quite strict and penalties for violating the rules are hefty. The program is so restrictive I don't understand why it is even available. Also fees from administrator are high and recur annually.
by jcar
Tue Jul 30, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Bank asks for photo ID for beneficiary: is this normal?
Replies: 23
Views: 1950

Re: Bank asks for photo ID for beneficiary: is this normal?

I believe I'd find somewhere else to do business. They may add your POD to some aggravating mailing lists.
by jcar
Sun Jul 28, 2019 9:36 pm
Forum: Personal Investments
Topic: Using IRA money to purchase an investment property
Replies: 11
Views: 1553

Re: Using IRA money to purchase an investment property

Thank you all for your prompt responses. I'll report back what I learn in the next couple of days.