Search found 553 matches

by bikechuck
Sun Nov 10, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Was I ripped off at the car dealership?
Replies: 73
Views: 6654

Re: Was I ripped off at the car dealership?

Sounds like you got got. Unfortunately this is the correct answer. I am not so sure about that. So many people say to avoid the dealership for car repairs but I have had terrible luck with local independent mechanics who have good reputations. I buy relatively inexpensive new cars (mostly Honda Civ...
by bikechuck
Sun Nov 10, 2019 12:22 am
Forum: Personal Consumer Issues
Topic: Was I ripped off at the car dealership?
Replies: 73
Views: 6654

Re: Was I ripped off at the car dealership?

Sounds like you got got. Unfortunately this is the correct answer. I am not so sure about that. So many people say to avoid the dealership for car repairs but I have had terrible luck with local independent mechanics who have good reputations. I buy relatively inexpensive new cars (mostly Honda Civ...
by bikechuck
Sun Nov 10, 2019 12:11 am
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 176
Views: 13226

Re: Spend It All vs. Leave $$ for the Kids

Boomer here, born in 53 my wife in 54. We are enjoying our retirement but we want to do everything possible to ensure that our portfolio holds up and that we do not become a burden to our two daughters. The biggest risk is if one or both of us would need long term care as we are self insured for tha...
by bikechuck
Sat Nov 09, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7534

Re: Do you charge your employer for the time that you spend working on your off days?

I know some make a large salary in exchange for working long hours. Let's assume that you are paid enough to work a 40 hour work week and not much more than that. Case in point, my boss (former colleague who was recently promoted) has been contacting me more and more during my time off (off day or ...
by bikechuck
Mon Nov 04, 2019 11:08 am
Forum: Personal Investments
Topic: Help me pull the trigger on rolling over two TIAA Retirement Accounts to Vanguard Rollover IRA
Replies: 23
Views: 1194

Re: Help me pull the trigger on rolling over two TIAA Retirement Accounts to Vanguard Rollover IRA

I have some money in TIAA Traditional from a former employer in the non liquid form which is currently yielding 4.0%. I like it and I am keeping it as part of my bond space. I prefer it to my bond funds because it has had a higher yield for the past several years and the principal does not fluctuate...
by bikechuck
Sun Nov 03, 2019 9:37 pm
Forum: Personal Consumer Issues
Topic: Outdoor patio fountains
Replies: 6
Views: 492

Re: Outdoor patio fountains

Thanks Rus, Btenny and Kenkat, as a patio home my 2300 sq ft house is on a small lot. The fountain will sit under a trellis in an area adjacent to a brick patio where I will have a small garden. So I am looking for a smaller fountain 3 - 4 feet high and 2 - 3 feet wide. btenny I find your experience...
by bikechuck
Sun Nov 03, 2019 8:58 pm
Forum: Personal Consumer Issues
Topic: Outdoor patio fountains
Replies: 6
Views: 492

Outdoor patio fountains

I moved to a courtyard home a year ago in Central Ohio. Next spring I want to purchase an outdoor fountain and I am finding that prices range from below $500 to over $2,000 . They all seem to have similar warranties and I am wondering if the inexpensive ones are a good value or if I will regret it b...
by bikechuck
Sat Oct 26, 2019 1:34 pm
Forum: Personal Investments
Topic: Best Single Entity for Investments + Cash + Banking
Replies: 39
Views: 3216

Re: Best Single Entity for Investments + Cash + Banking

I'd like to simplify and hold all my accounts with one entity: ETF's, Stocks, cash reserves, plus do my banking with that same entity, bill pay, auto deposit from W2 job, etc. If I get hit by a bus (as they say), wife can log into 1 place and have easy access to it all; plus easier reconciliation a...
by bikechuck
Wed Oct 23, 2019 7:21 pm
Forum: Personal Consumer Issues
Topic: Wifi in 3000 sq ft house and garage
Replies: 41
Views: 3168

Re: Wifi in 3000 sq ft house and garage

Our house is only about 2500 sq ft and I use a Netgear Router with 2 Netgear Mesh Extenders. Router is in a bad spot in a corner of the house surrounded by steel cabinets. So the one mesh extender connected to the router with a wireless backhaul does the job for inside the house. The second mesh ex...
by bikechuck
Tue Oct 22, 2019 11:49 am
Forum: Personal Consumer Issues
Topic: Time for a new car - Corolla or Civic...
Replies: 101
Views: 9774

Re: Time for a new car - Corolla or Civic...

If costs are the primary factor, how about a riding lawn mower like Alvin Straight used when he traveled across Iowa and Wisconsin to visit his elderly brother. They made a movie about him which I highly recommend.

https://en.wikipedia.org/wiki/The_Straight_Story
by bikechuck
Thu Oct 17, 2019 1:34 pm
Forum: Investing - Theory, News & General
Topic: REITs or investment property?
Replies: 70
Views: 5038

Re: REITs or investment property?

Direct ownership of investment property is a bit different than owning REIT shares. Direct ownership is a never ending job (think taking a call a 2am from a tenant that the heat went out). One could hire a property manager, but many managers do a poor job of managing, and their cut erodes the posit...
by bikechuck
Wed Oct 16, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Improving Withdrawal Rates in a Low-Yield World
Replies: 21
Views: 1101

Re: Improving Withdrawal Rates in a Low-Yield World

Interesting article, I wonder if preferred stocks would be a better choice still than low volitility common stocks.
by bikechuck
Tue Oct 15, 2019 9:16 pm
Forum: Personal Investments
Topic: More than one Investment Company
Replies: 21
Views: 1464

Re: More than one Investment Company

Having worked most of my career for a well managed company that provided a global online service I know that most if not all companies will experience systems outages and will occasionally become targets for cyber criminals. These problems will often be resolved reasonably quickly but if they happen...
by bikechuck
Tue Oct 15, 2019 4:03 pm
Forum: Personal Investments
Topic: Allan Roth and Bill Bernstein fixed income portfolio?
Replies: 51
Views: 5961

Re: Allan Roth and Bill Bernstein fixed income portfolio?

Quote from Allan Roth in a NYT article (2014) he links to on his site: "Allan S. Roth, founder of the investment advisory firm Wealth Logic, in Colorado Springs, whose corporate motto is “Dare to be dull,” avoids bonds altogether for his personal portfolio and those of many of his clients. He prefe...
by bikechuck
Fri Oct 11, 2019 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard keeps pushing their financial advisors...why?
Replies: 93
Views: 7603

Re: Vanguard keeps pushing their financial advisors...why?

I know I can delete these weekly emails from Vanguard, I am just wondering why they recently started pushing this, and if any other changes are in the works at Vanguard. Anyone know? I am surprised that you are surprised. From my perspective it seems like a smart thing for them to promote and drive...
by bikechuck
Tue Oct 08, 2019 2:54 pm
Forum: Investing - Theory, News & General
Topic: Over Confident in Old-age: Cognitive Decline and Financial Literacy
Replies: 83
Views: 7847

Re: Over Confident in Old-age: Cognitive Decline and Financial Literacy

Got children? Train them ahead of time. Too expensive and failure prone. Plus an expectation of inheritance can drain ambition. Buy a SPIA so they get nothing. :twisted: Every family is different. One of my great joys is sharing my resources with my daughters and granddaughters. My daughters are we...
by bikechuck
Fri Sep 27, 2019 2:04 pm
Forum: Investing - Theory, News & General
Topic: Fidelity - No fiduciary policy?
Replies: 16
Views: 1155

Re: Fidelity - No fiduciary policy?

They (Fidelity) appropriately have to be very careful about their responses. Artificial intelligence has come a long way but I doubt that it is possible for Fidelity or anyone else to program robo adviser software (if that is what you mean by their "trading software") to ensure it meets a fiduciary ...
by bikechuck
Wed Sep 25, 2019 3:25 pm
Forum: Personal Investments
Topic: Roth Question
Replies: 5
Views: 462

Re: Roth Question

Thanks for the helpful replies!
by bikechuck
Wed Sep 25, 2019 11:16 am
Forum: Personal Investments
Topic: Roth Question
Replies: 5
Views: 462

Re: Roth Question

I believe if this money is considered earned income --then yes you can contribute to a Roth up to the lower of your "Earned Income or IRA limit for the calendar year" Thanks, it is W2 income so it is earned income but I am still unclear if she can contribute the Gross amount or the Net amount after...
by bikechuck
Wed Sep 25, 2019 10:50 am
Forum: Personal Investments
Topic: Roth Question
Replies: 5
Views: 462

Roth Question

Hi, I asked these two questions in another post but I do not believe that they were answered (perhaps my fault for not asking them clearly) so I am trying again. My wife retired a couple of years ago but this year she received an unexpected check from her former employer related to her time with the...
by bikechuck
Sat Sep 21, 2019 12:45 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 27165

Re: VTIAX International fund - should I give up on it?

Like many, I have an international fund in my portfolio for diversification. Unfortunately, it seems like this play does nothing but consistently bring the rest of my portfolio down. What are your thoughts on VTIAX? After recent event it's pretty much given back all gains for the year and it seems ...
by bikechuck
Sat Sep 21, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: New Camry Questions
Replies: 101
Views: 6536

Re: New Camry Questions

Getting ready to replace my 2000 Camry with a 2019 Camry SE. My wife prefers the look of the SE over the LE, and beyond the aesthetics (she cares, me not so much), the small price difference ($1K) buys a tire pressure monitor, fake leather (Softex) upholstery that might be longer lasting/easier to ...
by bikechuck
Fri Sep 20, 2019 9:05 pm
Forum: Investing - Theory, News & General
Topic: Spreadsheets
Replies: 77
Views: 6334

Re: Spreadsheets

I use a spreadsheet. Not necessarily because I need to, but because I like to. Me too, it's a hobby. Nobody needs a spreadsheet. I NEED a spreadsheet because through historical accident I have enough investments that I do not want to give up, for example an account that pays a guaranteed minimum 4....
by bikechuck
Thu Sep 19, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 10795

Re: “Upsizing” are we foolish?

i too would not be so quick to dismiss a 60+ year old house. in fact, i would prefer it. also, define "small" and "very tight". finally: when i was in your situation many years ago, the best advice i ever got was not to buy too much house. instead of moving, we added a bedroom for what it would hav...
by bikechuck
Wed Sep 18, 2019 8:25 am
Forum: Personal Consumer Issues
Topic: Retirees that have hobbies that make money - what are they?
Replies: 26
Views: 3279

Re: Retirees that have hobbies that make money - what are they?

I teach one online course in science. Basically pays for our medical premiums for the year. I enjoy the interaction with the students/professors and the material. I have been considering that as for 12 years while my wife was out of the workforce I taught undergrad accounting courses though that wa...
by bikechuck
Tue Sep 17, 2019 4:48 pm
Forum: Personal Consumer Issues
Topic: Retirees that have hobbies that make money - what are they?
Replies: 26
Views: 3279

Re: Retirees that have hobbies that make money - what are they?

I teach one online course in science. Basically pays for our medical premiums for the year. I enjoy the interaction with the students/professors and the material. I have been considering that as for 12 years while my wife was out of the workforce I taught undergrad accounting courses though that wa...
by bikechuck
Thu Sep 12, 2019 5:34 pm
Forum: Investing - Theory, News & General
Topic: is real estate dead as a diversifier?
Replies: 52
Views: 6040

Re: is real estate dead as a diversifier?

Ferdinand2014 wrote:
Wed Sep 11, 2019 12:04 pm
My home as real estate is a hedge against inflation as I don’t have rising rent since I own it.
I hold REITS only as much as what is in the S&P 500.
My property taxes and homeowners insurance seem to go up as fast or faster than inflation.
by bikechuck
Wed Sep 11, 2019 8:31 pm
Forum: Personal Investments
Topic: Should I prefer TIAA Traditional to VBTLX
Replies: 22
Views: 1708

Re: Should I prefer TIAA Traditional to VBTLX

Either one is fine, but be sure the liquidity/withdrawal restrictions on TIAA Trad won’t be a problem. It is fine to say you have many years until retirement, but what then? TIAA Trad does have a cost-effective annuitization option, however. A possible strategy would be to hold both by directing ne...
by bikechuck
Wed Sep 11, 2019 8:19 pm
Forum: Personal Consumer Issues
Topic: Electric Bicycles
Replies: 116
Views: 9311

Re: Electric Bicycles

My wife has a Juiced CCS. She now asks me to go riding. Her being on a Class 3 and me on a Class 1 keeps my on my toes. You have mentioned my favorite thing about ebikes. My wife got one for her 65th birthday and we can now enjoy riding together on the road or trails at a speed that appeals to both...
by bikechuck
Wed Sep 11, 2019 8:02 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9882

Re: Too Late To Get Back Into Stocks?

Why are so many people looking up at the high stock and bond markets and seeing the sky falling? The overall picture looks very good to me and the administration will try hard not to screw it up before the election next year. +1 To me the overall long term picture looks bleak. We have historically ...
by bikechuck
Wed Sep 11, 2019 7:53 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9882

Re: Too Late To Get Back Into Stocks?

I share your concerns but I am just derisking a bit and moving from 50% equities to 40%. In part because of the points you raised but also in part because I am recently retired and people I respect like Rick Ferri suggest that 35% equities are a good place to be for the mythical average retiree inv...
by bikechuck
Wed Sep 11, 2019 5:06 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9882

Re: Too Late To Get Back Into Stocks?

Comments are appreciated. "Settled" to me means the removal of all Trump tariffs on imported goods, which may not occur until #46 gets sworn in. I've used the VG asset allocation questionnaires and generally I tend to follow them, perhaps a bit more conservatively than recommended. I'm just very wa...
by bikechuck
Wed Sep 11, 2019 4:55 pm
Forum: Personal Investments
Topic: Should I prefer TIAA Traditional to VBTLX
Replies: 22
Views: 1708

Re: Should I prefer TIAA Traditional to VBTLX

I am retired but I have both more through historical accident than any thoughtful planning on my part. My company moved from TIAA to Lincoln Financial for our retirement program (a dumb move from my perspective). I had the option of keeping the money that I had accumulated with TIAA or moving it. I ...
by bikechuck
Fri Sep 06, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: A small amount of unplanned Salary
Replies: 6
Views: 1135

A small amount of unplanned Salary

My spousal unit retired last year but had a small amount of compensation paid out in the form of salary this year, let's call it $2,500 gross. It got me to thinking about what creative opportunities this opens up that we would otherwise have not been able to pursue. One opportunity is to add $2,500 ...
by bikechuck
Fri Sep 06, 2019 1:58 pm
Forum: Investing - Theory, News & General
Topic: 3 fund people how are you feeling?
Replies: 112
Views: 13375

Re: Past Performance: Returns and Risk

The TSMI went down roughly 50% not once, but twice, in the prior decade. I'm sorry, but your arguments don't hold water, regarding risk. And you keep repeating "10 years ago".... well the 10 yr performance of the two is virtually identical. So what are you referring to? I was not sure what TSMI was...
by bikechuck
Tue Sep 03, 2019 8:28 pm
Forum: Personal Investments
Topic: Self insured Long Term Care Fund
Replies: 36
Views: 2693

Re: Self insured Long Term Care Fund

If you own your home think about whether or not long term care will be in home or in a facility you will pay for in part by selling the home. Consider the possibility one of you cannot be cared for at home while the other will stay in the home. In the last resort a reverse mortgage could be part of...
by bikechuck
Mon Sep 02, 2019 11:44 am
Forum: Investing - Theory, News & General
Topic: 3 fund people how are you feeling?
Replies: 112
Views: 13375

Re: 3 fund people how are you feeling?

yogesh wrote:
Mon Sep 02, 2019 11:17 am
3 funds running well for past 5+ years and easy for wifey to maintain with no manual repeating tasks per year or ever!
FDIC [Checking/Emergency] + VTMFX [Taxable] + VFORX [Tax-deferred]
What are VTMFX and VFORX ?
by bikechuck
Mon Sep 02, 2019 11:24 am
Forum: Investing - Theory, News & General
Topic: 3 fund people how are you feeling?
Replies: 112
Views: 13375

Re: 3 fund people how are you feeling?

I am primarily three fund other than some things such as TIAA Traditional ( a guaranteed fund paying 4% that is a good bond substitute) and TIAA Real Estate that I own through historical accident that I am keeping for the foreseeable future. Currently I am 46% stock (20 % of which is international),...
by bikechuck
Thu Aug 29, 2019 9:20 pm
Forum: Personal Investments
Topic: What should I know about high interest loans to family?
Replies: 20
Views: 1192

Re: What should I know about high interest loans to family?

Will others in your family be resentful that you accepted high interest from your brother rather than no- or low-interest? I could imagine problems like that occurring on some families. Andy. I doubt anyone else knows and hopefully no one needs to find out. To be honest i am a bit uncomfortable cha...
by bikechuck
Tue Aug 27, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Four months to retirement...
Replies: 5
Views: 966

Re: Four months to retirement...

What I and my spousal unit do keeping in mind that most of our money is in tax advantaged accounts and that we use ALLY for online banking and a local brick and mortar bank Withdraw what we think we will need for the current year Invest this in an Ally savings a/c and 5 or 6 ALLY no penalty CD's Liq...
by bikechuck
Tue Aug 27, 2019 9:32 am
Forum: Personal Investments
Topic: Sold my Business (2.2 Million)! Where to store proceeds while I think?
Replies: 81
Views: 9591

Re: Sold my Business (2.2 Million)! Where to store proceeds while I think?

My original plan was to store 250k with Ally but now their saving account interest is only 1.9%. Why not put the $250k in Ally no-penalty CD at 2.20% or even some of it in an 18-month CD at 2.5%? And congrats on selling your business! This is new to me. I might do this with 250k. Great idea! I use ...
by bikechuck
Thu Aug 22, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 17639

Re: White collars- How much is your work downtime?

Accountant here. I estimate my work downtime by about 50-60%. It has been like that through my whole career (a lot of employers - 19 years so far) with few exceptions/days. Is that normal? Or should I keep looking till I find an employer who can utilize more of my time? YIKES, I would be bored out ...
by bikechuck
Mon Aug 19, 2019 7:37 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 13796

Re: When Did You Ease Up On Saving Aggressively?

I eased up when I reached the age of 64 and 1/12 years old ... the month that I retired.
by bikechuck
Mon Aug 19, 2019 7:33 pm
Forum: Personal Investments
Topic: I'm signing up for Vanguard PAS...
Replies: 40
Views: 4723

Re: I'm signing up for Vanguard PAS...

Well it's a bit more complex than simply put all your money in a target date fund. Sure, we could do that all by ourselves! But that's not what we are seeking in PAS. I have read this site, I have read books, I have posted my portfolio here and gotten a lot of advice from generous people--I still f...
by bikechuck
Sat Aug 17, 2019 2:29 pm
Forum: Investing - Theory, News & General
Topic: Minimization of maximum regret: Supportive of balanced AAs for some long-term investors?
Replies: 129
Views: 7298

Re: Minimization of maximum regret: Supportive of balanced AAs for some long-term investors?

At times reading threads like this leaves me feeling that I am not smart enough to participate in or learn from the Bogleheads Forum. I have no idea what LTT or ITT stand for. I tried googling them but I had no luck. Perhaps I am far more acronym challenged than most. I feel that way too. This thre...
by bikechuck
Sat Aug 17, 2019 2:23 pm
Forum: Investing - Theory, News & General
Topic: Minimization of maximum regret: Supportive of balanced AAs for some long-term investors?
Replies: 129
Views: 7298

Re: Minimization of maximum regret: Supportive of balanced AAs for some long-term investors?

At times reading threads like this leaves me feeling that I am not smart enough to participate in or learn from the Bogleheads Forum.

I have no idea what LTT or ITT stand for. I tried googling them but I had no luck. Perhaps I am far more acronym challenged than most.
by bikechuck
Thu Aug 08, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Do you pay for kids college if a non-STEM major?
Replies: 62
Views: 3012

Re: Do you pay for kids college if a non-STEM major?

I suggested that my daughters, both good students, follow their hearts and not their heads in choosing a field of study. In other word do something that you love. My older daughter has a masters degree in education and is a science teacher. My younger daughter went on for a fully funded PhD in the ...
by bikechuck
Thu Aug 08, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Do you pay for kids college if a non-STEM major?
Replies: 62
Views: 3012

Re: Do you pay for kids college if a non-STEM major?

I suggested that my daughters, both good students, follow their hearts and not their heads in choosing a field of study. In other words do something that you love. My older daughter has a masters degree in education and is a science teacher. My younger daughter went on with a scholarship for a fully...
by bikechuck
Mon Aug 05, 2019 6:53 pm
Forum: Personal Investments
Topic: Understanding Loaded Mutual Funds compared to Index Funds
Replies: 9
Views: 613

Re: Understanding Loaded Mutual Funds compared to Index Funds

The load is taken out once. The expense ratio (your maintenance) fee is taken out every day through the year at the annual rate you quote. You can stop the annual bleeding by selling the fund and buying a fund that doesn't have cost like that. The load (assuming front end, A share) is lost forever,...