Search found 722 matches

by bikechuck
Sun May 24, 2020 7:59 pm
Forum: Personal Consumer Issues
Topic: Would you drive without a spare tire?
Replies: 193
Views: 11270

Re: Would you drive without a spare tire?

Buy a donut and throw it in your trunk. Roadside assistance probably won't have one with them. Throwing something in your trunk is impractical. It reduces cargo capacity too much. My cars and rental cars are often filled completely full of luggage, etc. The shape and size of a spare of any type mak...
by bikechuck
Sun May 24, 2020 7:55 pm
Forum: Personal Consumer Issues
Topic: Would you drive without a spare tire?
Replies: 193
Views: 11270

Re: Would you drive without a spare tire?

Every person with a motorcycle, scooter, or bicycle -- including the billions who do so in China, India, Indonesia, etc -- drives every day without a spare tire. Be careful using words like "every". I have taken many long distance self contained bicycle tours and I always bring along a foldable spa...
by bikechuck
Sun May 24, 2020 7:38 pm
Forum: Personal Consumer Issues
Topic: Would you buy a new car without a spare tire?
Replies: 21
Views: 956

Re: Would you buy a new car without a spare tire?

I recently bought a Honda Insight that is sold without a spare. I made the dealer supply a spare before I would drive the Honda off the lot. Was it just a generic spare or one meant for that model? The Honda Insight is basically a Honda Civic so I believe it was a Civic tire, but is came with all t...
by bikechuck
Sun May 24, 2020 5:31 pm
Forum: Personal Consumer Issues
Topic: Would you buy a new car without a spare tire?
Replies: 21
Views: 956

Would you buy a new car without a spare tire?

My 13 year old Honda Oddyssey is beginning to cost too much in repairs and I am considering replacing it with a Honda CRV. I prefer the Hybrid which costs an extra $1,200 but it comes with a tire repair kit instead of a spare tire as the battery taks up the space for the spare on the non hybrid vers...
by bikechuck
Fri May 22, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: Value tilted S&P 500 fund for dividend?
Replies: 61
Views: 5122

Re: Value tilted S&P 500 fund for dividend?

I'm not a fan because I don't like dividend funds, in part because of their tax inefficiency. For what it's worth, you can go read about the index rather than presuming how it's constructed. Thanks to the odd index construction (equal-weighting of 80 high-yield stocks), SPYD is actually doubly tax-...
by bikechuck
Mon May 18, 2020 8:39 pm
Forum: Personal Investments
Topic: TIAA traditional vs. Vanguard Total Market Bond index
Replies: 51
Views: 2546

Re: TIAA traditional vs. Vanguard Total Market Bond index

So what? If one isn't looking at their investments, then they wouldn't even know that. Also a big negative for TIAA TA is that it really cannot be used for rebalancing which is a big deal in the World of Bogleheads. I don't care that I cannot use TIAA Traditional for rebalancing as it only makes up...
by bikechuck
Mon May 18, 2020 5:57 pm
Forum: Personal Investments
Topic: TIAA traditional vs. Vanguard Total Market Bond index
Replies: 51
Views: 2546

Re: TIAA traditional vs. Vanguard Total Market Bond index

TIAA Traditional is less volatile than a bond index. So what? If one isn't looking at their investments, then they wouldn't even know that. Also a big negative for TIAA TA is that it really cannot be used for rebalancing which is a big deal in the World of Bogleheads. I don't care that I cannot use...
by bikechuck
Mon May 18, 2020 5:52 pm
Forum: Personal Investments
Topic: TIAA traditional vs. Vanguard Total Market Bond index
Replies: 51
Views: 2546

Re: TIAA traditional vs. Vanguard Total Market Bond index

I don't care that I cannot use TIAA Traditional for rebalancing as it only makes up a portion of my bond space. I can use my other bond funds for rebalancing. In today's market I wish that I had the ability to add more dollars to traditional at a guaranteed 3.0% yield or better still at the 4.0% th...
by bikechuck
Mon May 18, 2020 4:51 pm
Forum: Personal Investments
Topic: TIAA traditional vs. Vanguard Total Market Bond index
Replies: 51
Views: 2546

Re: TIAA traditional vs. Vanguard Total Market Bond index

TIAA Traditional is less volatile than a bond index. So what? If one isn't looking at their investments, then they wouldn't even know that. Also a big negative for TIAA TA is that it really cannot be used for rebalancing which is a big deal in the World of Bogleheads. I don't care that I cannot use...
by bikechuck
Sun May 17, 2020 5:56 pm
Forum: Personal Investments
Topic: TIAA Real Estate Movement
Replies: 73
Views: 4399

Re: TIAA Real Estate Movement

Don't know why there is so much negativity regarding TIAA Real Estate. It is a direct unleveraged investment in US real estate. Nothing more, nothing less. If you want to invest in US real estate with low risk and no hassle, this is a way to do it. I had TIAA Real Estate for several years and I rec...
by bikechuck
Sun May 17, 2020 11:45 am
Forum: Personal Investments
Topic: TIAA Real Estate Movement
Replies: 73
Views: 4399

Re: TIAA Real Estate Movement

Don't know why there is so much negativity regarding TIAA Real Estate. It is a direct unleveraged investment in US real estate. Nothing more, nothing less. If you want to invest in US real estate with low risk and no hassle, this is a way to do it. I had TIAA Real Estate for several years and I rec...
by bikechuck
Sat May 16, 2020 9:11 pm
Forum: Personal Investments
Topic: Annuity and 3-Fund Portfolio
Replies: 14
Views: 1050

Re: Annuity and 3-Fund Portfolio

I have a similar situation where I purchased a small $2K annuity decades ago when I had no idea what I was doing. A couple years ago I checked and learned that it is paying a guaranteed minimum 4.5%, that I can add money to it and the new money will also earn the guaranteed minimum and it is paying ...
by bikechuck
Thu May 14, 2020 10:09 pm
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 140
Views: 16541

Re: Still using total bond market?

I am surprised at those who can invest in TIAA 3% guaranteed, choose to invest in total bond whose yield is less than 2% instead. Are you expecting the rate to drop further? Some of us have TIAA Traditional (a good bond substitue) from a previous employer and need to add additional bonds or bond fu...
by bikechuck
Sun May 10, 2020 6:46 pm
Forum: Personal Investments
Topic: should I return to VG financial planner assistance?
Replies: 6
Views: 630

Re: should I return to VG financial planner assistance?

The fact that you got out likely means that your portfolio was not appropriate for your risk tolerance. Rick Ferri has written that 30% equities is a good default position for most retirees and you were at 60% which is too risky for me.
by bikechuck
Sun May 10, 2020 6:32 pm
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 102
Views: 8705

Re: Why no love for REITs?

Many if not most REITS are invested in commercial real estate. I think that commercial real estate is going to be devastated in the coming months so I have no interest in owning more that what I have in my total market index fund.
by bikechuck
Sat May 09, 2020 9:51 pm
Forum: Personal Investments
Topic: Would you go with a bond index fund or a 3% Guaranteed fund?
Replies: 54
Views: 4561

Re: Would you go with a bond index fund or a 3% Guaranteed fund?

3% guaranteed? Surely you have to think of reinvestment risk or am I missing something? I'm not experienced enough to know exactly what this means. A 3% guaranteed fund today can become a 2% guaranteed fund tomorrow. That depends on the guaranteed fund. I have a fully liquid fixed annuity that I bo...
by bikechuck
Sat May 09, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17339

Re: Quitting a job after two weeks: relocation expenses

What did you think would happen? You were going to get 3x the pay and have the same amount of work as before? Thats not how it works. Do what others said...do not quit, let them fire you. Stop working 100 hour weeks. This is a good lesson. Grass is not always greener. Dagerous game getting fired wi...
by bikechuck
Thu May 07, 2020 10:01 pm
Forum: Personal Investments
Topic: AA Advice TIAA TREA Allocation
Replies: 3
Views: 249

Re: AA Advice TIAA TREA Allocation

I recently sold my investment in TREA because I believe that commercial real estate is going to be devastated in the coming months.
by bikechuck
Wed May 06, 2020 8:37 pm
Forum: Personal Investments
Topic: TIAA Real Estate fund during pandemic
Replies: 23
Views: 942

Re: TIAA Real Estate fund during pandemic

I got out a month or so ago because I think that commercial real estate is in for a world of hurt. I might pick it up again if/when it suffers a major decline but I might not as I am on a path to simplicity.
by bikechuck
Tue May 05, 2020 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion, and the IRMAA "Cliff"
Replies: 4
Views: 454

Re: Roth Conversion, and the IRMAA "Cliff"

Along with your appeal you will project your earnings for the year following your retirement. If your appeal goes as mine did they will base the IRMAA calculation/assessment based on your projected earnings. If your projection is low and you go over the IRMAA limit(s) I believe that you will need to...
by bikechuck
Tue May 05, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: A Risk-Tolerance Question
Replies: 50
Views: 2541

Re: A Risk-Tolerance Question

You do not sell; you change the allocation of your future contributions. Selling just locks in a loss that is likely to right itself in the long run anyway. The missing element in Taylor's question is the age of the beginning investor. If they have a decade or more left in their working life I agre...
by bikechuck
Thu Apr 23, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: Which new kid's bike to buy online?
Replies: 42
Views: 1672

Re: Which new kid's bike to buy online?

At these ages, I would not buy my kids a bike with suspension nor gears to shift. I agree with your comments about suspension but my five year old granddaughter goes for ten mile rides on her Trek bicycle with her parents and she has shifting down. I remember buying my daughter a toy store bike whe...
by bikechuck
Thu Apr 23, 2020 10:15 am
Forum: Personal Investments
Topic: TIAA Allocation advice wanted
Replies: 30
Views: 1326

Re: TIAA Allocation advice wanted

Personally I would do about 55% Equity Index and 45% TIAA Traditional (with a mixture of liquid and illiquid kinds). But the Traditional has the annuity portion (generally paid in 10 annual or 84 monthly installments) so I steered away from that. Bill I think you may be confused about the rule abou...
by bikechuck
Thu Apr 23, 2020 10:08 am
Forum: Personal Investments
Topic: TIAA Allocation advice wanted
Replies: 30
Views: 1326

Re: TIAA Allocation advice wanted

Personally I would do about 55% Equity Index and 45% TIAA Traditional (with a mixture of liquid and illiquid kinds). But the Traditional has the annuity portion (generally paid in 10 annual or 84 monthly installments) so I steered away from that. Bill As a 67 year old with money in TIAA traditional...
by bikechuck
Mon Apr 20, 2020 9:44 am
Forum: Personal Investments
Topic: TIAA Traditional vs. Bonds, money market, or CDs
Replies: 20
Views: 821

Re: TIAA Traditional vs. Bonds, money market, or CDs

I am retired and have approx 18% of my portfolio in TIAA Traditional, my vintages have a guaranteed 3.0% yield though in recent years have been paying 4.0%. Half of this is in a fully liquid SRA and the other half in a more restricted RA which would could only be liquidated over a ten year period. I...
by bikechuck
Wed Apr 15, 2020 11:10 am
Forum: Personal Consumer Issues
Topic: Mesh Wifi
Replies: 118
Views: 7338

Re: Mesh Wifi

I could benefit from a mesh system as I currently have some weak spots. However, I have six SONOS wireless speakers throughout my home which I love and I have read that it can be a nightmare to get SONOS speakers to play well with a mesh system. If anyone has successfully installed a mesh system tha...
by bikechuck
Sun Apr 12, 2020 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: When to take social security
Replies: 24
Views: 1794

Re: When to take social security

As a couple my wife took her benefit at the age of 63.5 . I was born in 1953 and able to file a restricted application for benefits based on her work record which allows me to claim a benefit equal to 1/2 of her PIA while my benefit continues to grow. I plan to put off claiming my benefit until I re...
by bikechuck
Fri Apr 10, 2020 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5444

Re: Mortgage payoff - Am I crazy?

Keep in mind that this does not need to be an all or nothing choice. The OP could choose to pay off only a portion (perhaps half) of the remaining mortgage keeping some funds back for their emergency fund. That is what I would do if I felt conflicted about this decision. bikechuck, This is the wors...
by bikechuck
Fri Apr 10, 2020 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5444

Re: Mortgage payoff - Am I crazy?

Keep in mind that this does not need to be an all or nothing choice. The OP could choose to pay off only a portion (perhaps half) of the remaining mortgage keeping some funds back for their emergency fund. That is what I would do if I felt conflicted about this decision. bikechuck, This is the wors...
by bikechuck
Fri Apr 10, 2020 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5444

Re: Mortgage payoff - Am I crazy?

Keep in mind that this does not need to be an all or nothing choice. The OP could choose to pay off only a portion (perhaps half) of the remaining mortgage keeping some funds back for their emergency fund.

That is what I would do if I felt conflicted about this decision.
by bikechuck
Tue Apr 07, 2020 6:39 pm
Forum: Personal Consumer Issues
Topic: Coffee Grinders
Replies: 69
Views: 3126

Re: Coffee Grinders

I have been using the Baratza Virtuoso for a few years now and I like it.
by bikechuck
Sun Apr 05, 2020 12:23 pm
Forum: Personal Consumer Issues
Topic: Honda Accord 2015 Battery Swap Out: do it myself?
Replies: 33
Views: 1318

Re: Honda Accord 2015 Battery Swap Out: do it myself?

Could I do it myself - YES Do I want to do it myself - NO For the few times this is required I just call AAA and they dispatch a truck to my location, remove, haul away and dispose of the old battery, install the new battery and they are on their way in 20 minutes or so. If I am away from home I gen...
by bikechuck
Thu Apr 02, 2020 9:37 pm
Forum: Personal Investments
Topic: Anyone here depressed just looking at their portfolio?
Replies: 122
Views: 7343

Re: Anyone here depressed just looking at their portfolio?

I logged in today because DW asked what our current allocation was. . . . . . It is best not to look at the portfolio. . . . Once seeing. . . .you can't un-see it. . . . Look away. . . . look away. . . . Actionably: there's no need to look at your portfolio unless you are rebalancing or managing fu...
by bikechuck
Wed Apr 01, 2020 10:25 pm
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 9622

Re: Does anyone else just not care/worry?

I have experienced bear markets before but this is my first one in my deaccumulation phase. Despite that I am sleeping like a baby ... I wake up every couple of hours screaming!
by bikechuck
Wed Apr 01, 2020 12:12 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 18953

Re: Is the coming pain really "priced in"?

The economy will get worse, perhaps much worse over the next few quarters. The worse it gets, the more money the Fed will print. The more money the Fed prints, the more inflation will be created. Over the past decade inflation has been “hidden” in sectors like health care, education, housing, and f...
by bikechuck
Tue Mar 31, 2020 2:57 pm
Forum: Personal Investments
Topic: I bought a Put option - now what?
Replies: 77
Views: 4465

Re: I bought a Put option - now what?

Why would you buy something that you do not understand?
by bikechuck
Tue Mar 31, 2020 9:31 am
Forum: Investing - Theory, News & General
Topic: Target Date Funds + International Bonds
Replies: 3
Views: 257

Re: Target Date Funds + International Bonds

I have avoided them because 1) I do not want to hold international bonds and 2) I want to limit my international equities to 20% of my equity holdings.
by bikechuck
Mon Mar 30, 2020 3:25 pm
Forum: Personal Investments
Topic: How much should I pay a financial advisor?
Replies: 15
Views: 1171

Re: How much should I pay a financial advisor?

I recently inherited some money and need help with some basics, e.g. asset allocation, long term plans (buying first house, etc). I ultimately want to be a DIY investor but need help with just the initial set up. What is a fair hourly rate, and how long does this sort of planning usually take? I re...
by bikechuck
Mon Mar 30, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: Is the 2 Fund Portfolio the new "3 Fund portfolio"?
Replies: 59
Views: 4569

Re: Is the 2 Fund Portfolio the new "3 Fund portfolio"?

We have capitalism and a democratic republic that was founded on the basis of individual rights and freedoms. Many other countries have socialism and dictators. Look at how their economies have crumbled under those regimes. We are a predominantly Capitalist country and we should remain one but like...
by bikechuck
Mon Mar 30, 2020 10:02 am
Forum: Investing - Theory, News & General
Topic: Is the 2 Fund Portfolio the new "3 Fund portfolio"?
Replies: 59
Views: 4569

Re: Is the 2 Fund Portfolio the new "3 Fund portfolio"?

Prospectively a US only portfolio concentrates risk with no expected risk premium. International investing involves extra risk, ranging from currency risk and economic risk to societal instability risk. - Jack Bogle That's true and it is why I have limited my international holdings to 20% of my equ...
by bikechuck
Fri Mar 27, 2020 7:15 pm
Forum: Personal Consumer Issues
Topic: Leaky kitchen sink in middle of Pandemic
Replies: 39
Views: 2359

Re: Leaky kitchen sink in middle of Pandemic

There is no such thing as a small plumbing problem. The last time I had a minor leak the fix involved a backhoe and digging a trench in my front yard!
by bikechuck
Tue Mar 24, 2020 9:49 am
Forum: Investing - Theory, News & General
Topic: Why decreasing stock allocation after a big dip can sometimes make sense
Replies: 131
Views: 5946

Re: Why decreasing stock allocation after a big dip can sometimes make sense

This is an interesting discussion. I was 45% equities on March 01 and on April Fool's Day I will check to see how much that has sunk (I only check once a month). I have learned that my 45% was probably too aggressive given my age of 67, my wife's age of 66 and our risk tolerance. At this time I am t...
by bikechuck
Mon Mar 23, 2020 5:36 pm
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 295
Views: 25669

Re: Who here is buying stocks today and how much?

If I was in the accumulation phase I would be buying equities with each monthly paycheck. Unfortunately I am in the de-accumulation phase and the only way that I can add stocks is if I re balance. I only check my portfolio once a month so on April Fool's Day I will decide whether or not I can find t...
by bikechuck
Mon Mar 23, 2020 4:14 pm
Forum: Investing - Theory, News & General
Topic: Wisdom and Perspective from Jonathan Clements
Replies: 19
Views: 2546

Re: Wisdom and Perspective from Jonathan Clements

Number 2 should be modified to "If you’re panicked and tempted to dump stocks, ask the Bogleheads forum talk to a friend or, alternatively, hire a financial advisor—one required to act as a fiduciary— to coach you through this decline. Lots of conflicting advice on the Boglehead's forum these days....
by bikechuck
Mon Mar 23, 2020 3:18 pm
Forum: Personal Investments
Topic: Anyone Considering Starting SS Benefits Earlier Than Originally Planned?
Replies: 8
Views: 606

Re: Anyone Considering Starting SS Benefits Earlier Than Originally Planned?

Thanks. I understand the reasoning that the lower earner is the one that should take SS benefits early IF that is being considered. I previously wasn't considering doing this. I guess the question is, does the current environment strengthen the argument for someone (either or both) to take SS benef...
by bikechuck
Mon Mar 23, 2020 9:59 am
Forum: Personal Investments
Topic: Annuities
Replies: 18
Views: 1133

Re: Annuities

Through historical accident I have some annuities that I have not annuitized in tax deferred accounts. TIAA Traditional is an annuity and I have both an RA and an SRA which in my case have been yielding a blended average 4.0% return most of which is a guaranteed return. The SRA is fully liquid (unle...
by bikechuck
Sun Mar 22, 2020 3:57 pm
Forum: Personal Consumer Issues
Topic: So I bought a gravel bike. Now what do I need (accessories, Zwift, etc.)?
Replies: 25
Views: 1429

Re: So I bought a gravel bike. Now what do I need (accessories, Zwift, etc.)?

I use a rechargeable headlight and taillight on all of my rides. I try to avoid riding at dusk or dawn and at night but the lights make me more visible at all times including daytime. For me simpler is better so I use a fairly inexpensive wireless computer without gps and other high faultin features...
by bikechuck
Sat Mar 21, 2020 10:47 pm
Forum: Personal Investments
Topic: This time it's different
Replies: 32
Views: 4324

Re: This time its different

Here are some thoughts from someone who doesn't know more than any of you. This is an unprecedented economic shock. We've gone from a great-ish global economy to approximately 1 billion people barely leaving their homes. It's affected developed economies just as severely as China. Also, oil prices ...
by bikechuck
Thu Mar 19, 2020 11:08 pm
Forum: Personal Investments
Topic: exchange TIAA traditional with Stock during bear market?
Replies: 14
Views: 647

Re: exchange TIAA traditional with Stock during bear market?

Thanks for the advice! I will stay the course. When the stock tanks and gets out of balance, should I use my TIAA traditional or TIAA real estate to rebalance? I feel fortunate to have two flavors of TIAA Traditional that have been yielding a blended average 4.0%. I plan to keep them and will be sa...