Search found 477 matches

by bikechuck
Sun Jun 23, 2019 9:45 am
Forum: Personal Consumer Issues
Topic: Premium vs Big Box outdoor furniture
Replies: 8
Views: 786

Premium vs Big Box outdoor furniture

The spousal unit and I recently moved to a courtyard home. We have some nice outdoor furniture that we moved with us from our old house made of recycled milk jugs that is wearing very well. We would like to add a wicker love seat and two chairs with cushions to a portion of the patio that is covered...
by bikechuck
Thu Jun 20, 2019 2:14 pm
Forum: Personal Investments
Topic: Schwab CFP meeting and feedback
Replies: 12
Views: 1162

Re: Schwab CFP meeting and feedback

In these days of cyber attacks and occasional systems issues I would never have all of my retirement funds with one financial institution. Problems like the ones that I am referring to will eventually happen to most businesses and while they usually do get resolved it can take some time to do so. Ha...
by bikechuck
Mon Jun 17, 2019 8:31 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 161
Views: 8855

Re: What percentage of total portfolio in REIT's do you have? Why?

livesoft wrote:
Mon Jun 17, 2019 10:43 am
0% right now. That's because a REIT index fund has not had a decent-sized RBD in a while. If VNQ had a great RBD, then I would move 5% of the portfolio into it for a few hours or days. Then sell it all.
What the heck is an RBD?
by bikechuck
Fri Jun 14, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: Buy Mini-Van Tomorrow or No?
Replies: 59
Views: 3275

Re: Buy Mini-Van Tomorrow or No?

My first mini van was a Chysler, never again will I make that mistake. It always was in the shop and many ,many minor issues occurred that I did not bother fixing.

I replaced it in 2007 with a Honda Oddyssey which has been much, much more reliable.
by bikechuck
Mon Jun 10, 2019 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Laminating important documents - a good idea?
Replies: 34
Views: 2434

Re: Laminating important documents - a good idea?

I have been "on the lam" since I was a teenager as I made the mistake of laminating my social security card. They tell me that ignorance of the law is no excuse and I cower in fear of being prosecuted and incarcerated should I ever get caught.. Hopefully there is a statute of limitations that has ex...
by bikechuck
Thu Jun 06, 2019 9:42 pm
Forum: Personal Investments
Topic: Rick Ferri Fixed Income Portfolio Funds
Replies: 27
Views: 5405

Re: Rick Ferri Fixed Income Portfolio Funds

tj wrote:
Thu Jun 06, 2019 8:08 pm
Just heard Rick on the White Coast Investor podcast. He currently has two years of spending in a short term bond index. The rest of his fixed income is in the PFFD ETF!
What is the PFFD ETF?
by bikechuck
Thu Jun 06, 2019 3:46 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8247

Re: Costco or Sam's Club?

In my case our local Costco store is neat, clean and well maintained. Our local Sams is not as neat, clean or well maintained so we shop at Costco but lately I have been wondering if our membership is worthwhile. We are retired, there are just two of us and you have to buy rediculous quantities of s...
by bikechuck
Thu Jun 06, 2019 3:34 pm
Forum: Personal Investments
Topic: 3 fund portfolio question
Replies: 7
Views: 1070

Re: 3 fund portfolio question

is there a link or material i can read up on to help decide what % of stocks should be in US vs international funds? i hold very small amount in bonds and am fine with the risk. but i haven't learned how to decide what amount i should hold in US vs International funds. thanks! Oh boy, you have just...
by bikechuck
Thu May 30, 2019 4:15 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a budget TV
Replies: 22
Views: 1723

Re: Recommendations for a budget TV

Earl Lemongrab wrote:
Thu May 30, 2019 4:05 pm
bikechuck wrote:
Thu May 30, 2019 3:08 pm
I purchased TCL model 55R615
Thanks.
Note that I purchased from Best Buy and their model numbers vary a bit from Amazon's but the tv's with similar numbers are similar.
by bikechuck
Thu May 30, 2019 3:08 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a budget TV
Replies: 22
Views: 1723

Re: Recommendations for a budget TV

Another vote for TCL ROKU. I bought the 55 inch 4k version when I moved into my current home last Oct. It has a beautiful picture. I did splurge on a Sonos Beam for enhanced sound. The Beam is also great for playing music when not watching TV. Which model did you get? There are significant price di...
by bikechuck
Thu May 30, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: How does TIAA-CREF work?
Replies: 17
Views: 1647

Re: How does TIAA-CREF work?

Another withdrawal option for TIAA Traditional is "interest only". I plan to do that when I am 67 until I am subject to RMDs, once RMDs kick in I will consider switching to RMDs or possibly annuitizing depending on how my overall portfolio is holding up.
by bikechuck
Wed May 29, 2019 7:31 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a budget TV
Replies: 22
Views: 1723

Re: Recommendations for a budget TV

Another vote for TCL ROKU. I bought the 55 inch 4k version when I moved into my current home last Oct. It has a beautiful picture. I did splurge on a Sonos Beam for enhanced sound. The Beam is also great for playing music when not watching TV.
by bikechuck
Wed May 29, 2019 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: How does TIAA-CREF work?
Replies: 17
Views: 1647

Re: How does TIAA-CREF work?

If you live near a TIAA local office you might want to schedule a visit and talk everything over in person. To see if they have a local office lear you... Go to the TIAA Website TIAA.org Scroll down the page until you see the yellow Contact Us on the left See "Find a local office directly underneat...
by bikechuck
Tue May 28, 2019 8:44 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Home Country Bias Ubiquitous
Replies: 37
Views: 4517

Re: International Allocation Suggestion

Taylor Larimore wrote:
Tue May 28, 2019 2:47 pm
Bogleheads:

In 2016 I made a post suggesting a 25% International Allocation for USA Investors. I feel the same today:

viewtopic.php?t=196956

Best wishes.
Taylor

I thought that your recommendation was 20% which is what I am currently using?
by bikechuck
Tue May 28, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 134
Views: 10343

Re: House not selling

Nope, nope, nope, not that simple. My in-law's house sat and sat for 9 months because they were advised by their first realtor not to paint their walls or change out their ugly green 1960s carpet which I recommended they do. After their contract with their first realtor expired they hired another w...
by bikechuck
Tue May 28, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 134
Views: 10343

Re: House not selling

Every house will sell if the price is right. It's that simple. Nope, nope, nope, not that simple. My in-law's house sat and sat for 9 months because they were advised by their first realtor not to paint their walls or change out their ugly green 1960s carpet which I recommended they do. After their...
by bikechuck
Tue May 28, 2019 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 134
Views: 10343

Re: House not selling

After the realtor fees We will essentially be losing money on the property. I don’t really care at this point, I just want to get rid of the property. What should i do? There is only 1 reason why a house isn't selling - the price is too high. Lower the price so that it sells. That is way oversimpli...
by bikechuck
Sun May 26, 2019 10:06 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13568

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

My problem with VG TD funds is that they hold more international equities than I would prefer to own and I prefer not to own any international bonds The Vanguard Target Retirement funds have 40% of the equity allocation invested in Total International Stock Market and 60% of the equity allocation i...
by bikechuck
Sat May 25, 2019 10:10 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 13568

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

My problem with VG TD funds is that they hold more international equities than I would prefer to own and I prefer not to own any international bonds
by bikechuck
Fri May 24, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to buy Part D if you are subject to IRMAA?
Replies: 43
Views: 2446

Re: Does it make sense to buy Part D if you are subject to IRMAA?

Interesting thread. What if you get a devastating illness and need expensive meds in the middle of a year? Or what if you are hospitalized and given drugs to stabilize you and control pain? Can you sign up for part D in mid year or only during an open enrollment period which I think is Oct 15 - year...
by bikechuck
Thu May 23, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Termite Control - worthwhile or a scam
Replies: 11
Views: 1251

Termite Control - worthwhile or a scam

Last October I moved into a courtyard home (new construction on a slab in Central Ohio). Others in the community have seen evidence of termites and Termininx has been swooping in and offering their services at what they say is a discount. There is some discussion that the termites could have come in...
by bikechuck
Thu May 16, 2019 1:34 pm
Forum: Investing - Theory, News & General
Topic: Should one diversify into annuities and not bonds?
Replies: 18
Views: 1968

Re: Should one diversify into annuities and not bonds?

I think delaying S.S. to 70 yrs old is like buying a short-range deferred annuity which has COLA built in which my wife and I are doing. Carl W. I am deferring until 70 as well, however with the sad shape of the SS Trust Fund I am not so sure that it is a great decision. I am betting that there is ...
by bikechuck
Wed May 15, 2019 2:01 pm
Forum: Investing - Theory, News & General
Topic: Should one diversify into annuities and not bonds?
Replies: 18
Views: 1968

Re: Should one diversify into annuities and not bonds?

272 Sheep wrote:
Wed May 15, 2019 9:19 am
I think delaying S.S. to 70 yrs old is like buying a short-range deferred annuity which has COLA built in which my wife and I are doing.
Carl W.
I am deferring until 70 as well, however with the sad shape of the SS Trust Fund I am not so sure that it is a great decision.
by bikechuck
Wed May 15, 2019 1:59 pm
Forum: Investing - Theory, News & General
Topic: Should one diversify into annuities and not bonds?
Replies: 18
Views: 1968

Re: Should one diversify into annuities and not bonds?

It depends on your situation. If you aren't worried about leaving excess money to anyone when you die, you can generally obtain a higher income stream with an annuity than you can with bonds while eliminating longevity risk. I would say "mitigating" longevity risk rather than "eliminating" longevit...
by bikechuck
Wed May 15, 2019 1:52 pm
Forum: Investing - Theory, News & General
Topic: Nobody knows nothing and AA
Replies: 19
Views: 2220

Re: Nobody knows nothing and AA

Inertia is your friend
by bikechuck
Sun May 12, 2019 8:42 pm
Forum: Investing - Theory, News & General
Topic: Composition and safety of TIAA traditional annuity
Replies: 28
Views: 2308

Re: Composition and safety of TIAA traditiona annuity

. I do plan to annuitize some of my TIAA Traditional upon retirement. I am currently 51 and plan to retire at 67. [/quote] I also have both flavors of TIAA Traditional, although I am already retired I have not yet annuitized them and will not consider doing so until my mid 70s when I could benefit f...
by bikechuck
Tue May 07, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Bicycle Questions
Replies: 48
Views: 4097

Re: Bicycle Questions

How do you know your kid is going to use a bike at college? I wouldn't spend much at all. I purchased my daughter a very nice bike for college (she and I split the cost) and it was the best money we ever spent. She began riding with the college cycling club "just for exercise" she assured me she wo...
by bikechuck
Tue May 07, 2019 3:03 pm
Forum: Personal Investments
Topic: VMMXX as cash
Replies: 38
Views: 5458

Re: VMMXX as cash

What is VMMXX for the many of us that have not memorized these symbols? I know that I can Google it but why not take the few extra seconds to type the fund name and save hundreds of people from looking it up?
by bikechuck
Wed Apr 24, 2019 7:17 pm
Forum: Personal Investments
Topic: Close Vanguard and go all in with Fidelity?
Replies: 84
Views: 7328

Re: Close Vanguard and go all in with Fidelity?

I like having multiple accounts. I know with my brain that it is very unlikely that I could get hacked and have money stolen from one of my accounts, but I sleep better at night knowing that if it did happen I would not lose all of my money, Simplicity is nice, but irrational fears overcome my desi...
by bikechuck
Sun Apr 21, 2019 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor
Replies: 49
Views: 4566

Re: Buying a house without a realtor

My wife and I recently sold our home of 28 years with the help of an excellent realtor. It sold in one weekend with over 10 offers for well over our asking price. The realtor listed it for a bit less that other realtors suggested with the hope of starting a bidding war. The strategy worked perfectly...
by bikechuck
Sat Apr 20, 2019 10:35 pm
Forum: Personal Consumer Issues
Topic: Is Crown Molding Out-of-Style?
Replies: 46
Views: 5001

Re: Is Crown Molding Out-of-Style?

I was looking at new build model homes today and noted that none, including the high end builders, had crown molding. Is this an upgrade worth spending money on, or is it considered out-of-style? It is out of style because of cost. It takes time and effort to install. And then there is extra mainte...
by bikechuck
Thu Apr 18, 2019 3:59 pm
Forum: Personal Consumer Issues
Topic: Dissuade me from buying art [Kauai]
Replies: 61
Views: 7314

Re: Dissuade me from buying art [Kauai]

Spending money is something that I seriously struggle with. At what point is it okay to loosen the purse strings? [/quote] You and your wife need to answer that for yourselves but keep in mind that tomorrow is promised to no one. Give yourself permission to enjoy today as long as you are doing a go...
by bikechuck
Thu Apr 18, 2019 2:12 pm
Forum: Personal Consumer Issues
Topic: Dissuade me from buying art [Kauai]
Replies: 61
Views: 7314

Re: Dissuade me from buying art [Kauai]

Seems to me that you are doing a great job saving for your future. It is also important to enjoy the journey so if you and your wife love the paintings I think that you should buy them.
by bikechuck
Mon Apr 15, 2019 8:08 pm
Forum: Personal Investments
Topic: $1.1 million rental portfolio, but tired of being a landlord
Replies: 87
Views: 11008

Re: $1.1 million rental portfolio, but tired of being a landlord

Most of my friends that have been landlords eventually burned out and were very happy when they sold their properties. I felt fortunate last year to earn 4.7% on my investment in TIAA Real Estate.I know that I will not get that return each and every year but it is a passive investment that takes zer...
by bikechuck
Wed Apr 03, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Am I being silly (too cheap) to not buy a new minivan?
Replies: 23
Views: 1603

Re: Am I being silly (too cheap) to not buy a new minivan?

Mini vans are great when your kids are young, great when they go to college (you can get an entire dorm room's worth of stuff in them) and great for empty nesters. We like ours because we can roll our tandem bicycle right in without removing the wheels when traveling with it and our luggage. We are ...
by bikechuck
Fri Mar 29, 2019 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 334
Views: 49688

Re: Does anyone here with net worths north of $1 mil use financial advisors?

An FA is pointless. Or rather, the point of an FA is not to make money for you, but for himself and his firm. I can only echo the advice above, once you know enough to realize the advice you're being given is bogus, you know enough to manage your own money. It really ain't hard and the same princip...
by bikechuck
Fri Mar 29, 2019 9:54 am
Forum: Personal Investments
Topic: Help save my father from another annuity
Replies: 20
Views: 1527

Re: Help save my father from another annuity

... in general, annuities are worse than bloody diarrhea. ... You are correct. There's an over-the-counter medicine you can take for diarrhea which will usually make it go away in less time than the length of the surrender charge. Not all annuities are evil. I worked for a company that used TIAA fo...
by bikechuck
Thu Mar 28, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Timing of Medicare application
Replies: 2
Views: 277

Timing of Medicare application

Hello, my wife turns 65 on July 17 and I know that she can apply for medicare 3 months prior to her birthday. Does that mean that she needs to wait until April 17 to apply or can she apply April 01?

Thanks in advance for your help!
by bikechuck
Mon Mar 25, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Chicagoland Bogleheads, please help! (Homebuying)
Replies: 29
Views: 2304

Re: Chicagoland Bogleheads, please help! (Homebuying)

I grew up in Elmhurst which as others have commented is a great community. However when I was in a similar situation to your current situation we found that we could afford a nicer house for the same money in the Fox River Valley Communities of Batavia, Geneva and St Charles. Things might have chang...
by bikechuck
Wed Mar 20, 2019 6:06 pm
Forum: Personal Consumer Issues
Topic: What is the official nail clippers of the Boglehead Community?
Replies: 30
Views: 2292

What is the official nail clippers of the Boglehead Community?

I have been increasingly frustrated by the low quality of nail clippers available from grocery and or drug stores. Some are very dull when brand new and others sort of fall apart in use. Have I simply been unlucky and just managed to buy some of the few duds that sneek by quality control? What do Bo...
by bikechuck
Tue Mar 19, 2019 4:01 pm
Forum: Personal Investments
Topic: TIAA Drawdown questions
Replies: 6
Views: 505

Re: TIAA Drawdown questions

I have an excellent TIAA wealth advisor that knows our full financial picture. Approx 20% of our portfolio is with TIAA through historical accident (former employer). My wealth advisor has giving me some excellent advice that I would not have thought of on my own, mostly about my holdings at other f...
by bikechuck
Sun Mar 10, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax 2018 Problems
Replies: 24
Views: 1514

Re: H&R Block Tax 2018 Problems

After switching to H and R Block five years or so ago I used them for the final time this year. In the past, while we were still working my wife and I used to file married filing separately because we saved a ton of money on our state taxes. Now that we are retired we are better off filing jointly. ...
by bikechuck
Thu Feb 28, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: My 78 cent head ache
Replies: 11
Views: 2272

Re: My 78 cent head ache

I don't understand, what would be the problem with showing $6501 for the conversion? That is the amount of the conversion. You reported and paid tax on it. You would want to track basis versus earnings in a Traditional account, but now that you have converted to Roth, all the funds are tax free now...
by bikechuck
Thu Feb 28, 2019 5:27 pm
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 201
Views: 8779

Re: How do YOU make coffee?

Baratza Virtuoso Burr Grinder, Technivorm Moca Master coffee maker, beans from a local coffee roaster or a bag that I get monthly in the mail as a result of a Christmas gift from my younger daughter.

Expensive but consistently excellent results and my wife and I love our morning coffee.
by bikechuck
Thu Feb 28, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: My 78 cent head ache
Replies: 11
Views: 2272

Re: My 78 cent head ache

After my tax forms were imported the tax software showed a $6,500 contribution to my after tax IRA and a $6,501 Roth conversion so it has not been ignored. I am not as sure as neopilot that this will not cause future headaches as far as the eye can see for a very small dollar amount. I guess I will ...
by bikechuck
Thu Feb 28, 2019 2:55 pm
Forum: Forum Issues and Administration
Topic: Keep Bogleheads Free! (as in unaffiliated)
Replies: 52
Views: 5493

Re: Keep Bogleheads Free! (as in unaffiliated)

So there is no confusion, I started this conversation as an open discussion about the future of the Bogleheads, which includes a discussion about Vanguard, to which I am giving my opinion that there should be no affiliation between the Bogleheads and Vanguard. Rick Ferri Rick, I agree with you this...
by bikechuck
Thu Feb 28, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: My 78 cent head ache
Replies: 11
Views: 2272

My 78 cent head ache

My wife retired in 2018 and as in the past three years she executed a Back Door Roth. Unfortunately this year TIAA paid her 78 cents in earnings on her $6,500 contribution to her non taxable IRA before converting $6,500.78 to her Roth. In previous years they converted the same amount that she contri...
by bikechuck
Mon Feb 25, 2019 10:18 pm
Forum: Investing - Theory, News & General
Topic: Questions for Mike Piper - Next "Bogleheads on Investing" guest
Replies: 22
Views: 2674

Re: Questions for Mike Piper - Next "Bogleheads on Investing" guest

I have used Mr. Piper's SS claiming calculator and I have purchased and read his SS book both of which which confirmed my inclination to have my wife take SS early (at age 64) and to have me apply for a restricted application for benefits on her earnings record when I turn 66 this June. I will then ...
by bikechuck
Mon Feb 25, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare has not cashed my check can I pay electronically
Replies: 3
Views: 307

Re: Medicare has not cashed my check can I pay electronically

I'd give it some time. They are notoriously slow in processing manual payments. It would be a good idea to set up direct debit or at least push an ACH transaction through bill pay for your future payments if that is possible. I get nervous that they will throw me off or stop processing payments. If...
by bikechuck
Mon Feb 25, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Medicare has not cashed my check can I pay electronically
Replies: 3
Views: 307

Medicare has not cashed my check can I pay electronically

I am on medicare but I have not yet begun Social Security. I paid my part B charge and surcharge by mailing a check on Feb 05 well in advance of the due date which is today, Feb 25. At this point the check is still not cashed and I feel that it is likely lost or mishandled. Is there a way to pay thi...