Search found 769 matches

by Shallowpockets
Tue Dec 18, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: When do Social Security payments count as income?
Replies: 19
Views: 2064

Re: When do Social Security payments count as income?

OP. Maybe you did not listen long enough for the callback option to surface. Just used the callback yesterday and they did so in the timeframe they said.
This is one of those cases that you don't know what you don't know. Now you know. There is callback.
by Shallowpockets
Tue Dec 18, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Confused by cruise gratuities
Replies: 40
Views: 2491

Re: Confused by cruise gratuities

I would be suspect of any prepayment or any payment of tips that is a lump sum to the cruise line. How would you know it gets to where it is supposedly going to go? It is all a charade so that the cost of your cruise is bargained down and portrayed as a deal. It is the same thing as the resort fees...
by Shallowpockets
Tue Dec 18, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: "Madness of Crowds" vs "Wisdom of Crowds"
Replies: 29
Views: 1266

Re: "Madness of Crowds" vs "Wisdom of Crowds"

I would say madness is emotional and that wisdom is not so that they do not equate in crowd comparison. And as such, do not equate in terms of behavior.
by Shallowpockets
Tue Dec 18, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone's portfolio not tanking???
Replies: 64
Views: 3756

Re: Is anyone's portfolio not tanking???

Anyone who isn't taking a hit is a magical investor. Overall I am only up, as of the weekend, .51%. That is including dividends, long and short term capitol gains on which I am taxed. So once I am paying those taxes it whittles the overall gain/loss further. Therein lies the rub. Because it is not s...
by Shallowpockets
Tue Dec 18, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Confused by cruise gratuities
Replies: 40
Views: 2491

Re: Confused by cruise gratuities

I would be suspect of any prepayment or any payment of tips that is a lump sum to the cruise line. How would you know it gets to where it is supposedly going to go? It is all a charade so that the cost of your cruise is bargained down and portrayed as a deal. It is the same thing as the resort fees ...
by Shallowpockets
Mon Dec 17, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: Low flow shower head
Replies: 35
Views: 1676

Re: Low flow shower head

A 1/2 hour shower. Does seem long, but a while ago on another thread some woman claimed a one hour shower time. The thread had to do with the environment in some way and she said she did not care. There was plenty if water and she could afford it. If you are in the showers for 30 minutes or an hour,...
by Shallowpockets
Mon Dec 17, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: How much do you pay for cable/internet/cellphone
Replies: 62
Views: 3054

Re: How much do you pay for cable/internet/cellphone

Are people including their entire payment of the bill on Internet? I ask because mine is $45 month, but The bill is actually $74 month due to numerous fees taxes, surcharges, etc tacked on. I don't have cable so cannot speak to that. But on all those phone plans are there NO fees above and beyond th...
by Shallowpockets
Mon Dec 17, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: How much do you pay for cable/internet/cellphone
Replies: 62
Views: 3054

Re: How much do you pay for cable/internet/cellphone

Home wifi: 100 GB per month, 15 Mbps. $10.5 His Phone: Unlimited talk time, 5 GB data, unused data carries over to next month. $5 Her Phone: Unlimited talk time, 1.5 GB daily data. $4 No Netflix No Amazon prime Total - $19.5 per month Emerging countries are cheap. Forgot to mention: Cable: Limited ...
by Shallowpockets
Fri Dec 14, 2018 5:30 pm
Forum: Investing - Theory, News & General
Topic: What is the worst 30 year rolling return in history? Could 2000-2030 be worse?
Replies: 20
Views: 2658

Re: What is the worst 30 year rolling return in history? Could 2000-2030 be worse?

Just goes to show that investments are not the end all. Your money that you put in, the principle, is the main criteria for your life. Sure we want growth, but we don't want to lose our principle. In effect we all should be investing like retired people.
by Shallowpockets
Fri Dec 14, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Grandma's Money
Replies: 8
Views: 1363

Re: Grandma's Money

Calculate Vangaurds 0.3% verses the 1.75% in dollar form to your father. Actual dollars is often more significant to someone than percentages.
by Shallowpockets
Fri Dec 14, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Imminent retirees & sequence fear
Replies: 64
Views: 3454

Re: Imminent retirees & sequence fear

Some may say that if you look at your financial situation in this market climate and you can retire, that going forward into a better market can only be good. Were you to retire in good times, maybe you would be too positive and perhaps not in tune with what could be. Look at it as bad case scenario...
by Shallowpockets
Fri Dec 14, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Having the self-discipline to stay the course -- do you take pride in it?
Replies: 16
Views: 1050

Re: Having the self-discipline to stay the course -- do you take pride in it?

It is basically doing nothing. So self discipline is marginally involved. Do you have self discipline in other areas of your life that require active participation? That would be a better marker of your self discipline, if you are keeping score. I would think the pride you have is mostly after the m...
by Shallowpockets
Thu Dec 13, 2018 6:49 pm
Forum: Personal Consumer Issues
Topic: Accordion Door keeps Popping off Track
Replies: 9
Views: 478

Re: Accordion Door keeps Popping off Track

You don't adjust it at the top, you adjust it at the bottom. There is a nut you can screw to raise the door and equalize top and bottom or at least until it is secure. Might be 10mm, the nut that is.
Here is too much wiggle room at the top. Too much space.
by Shallowpockets
Wed Dec 12, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: New job, sales at Subaru
Replies: 48
Views: 5650

Re: New job, sales at Subaru

I don't think car salesman are held in the highest regard. Try and help raise the bar on that by not putting people in a car they can't afford, don't really want, or steering them to models you want to sell. There are many threads here on buying a car and none of them portray the car salesman in a g...
by Shallowpockets
Wed Dec 12, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 231
Views: 17949

Re: What Happened to you during the Financial crisis of 2007–2008

I stayed the course. Was still working at the time. Now retired. But, I did not stay the course due to that attitude. I did nothing because I could not figure out what to do. You ride it down (like now) and it gets lower and lower, and you think it is just a blip. As it goes lower you feel you can r...
by Shallowpockets
Wed Dec 12, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: Donate to homeless?
Replies: 84
Views: 3957

Re: Donate to homeless?

Such mean spirited people with such a low regard for the plights of others. This seems to be a great part of the BHs here. To put a twist on you giving money to them being used for drugs and alcohol. Would you not give money to an obese panhandler because he might use it to buy junk food which you d...
by Shallowpockets
Wed Dec 12, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7733

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

I have a friend who traveled a lot in his youth. Busuness took him there and also he went places on his own. Now, so much later in life, he is married. Although his wife would like to travel, he does not have that desire anymore, saying he had been there, done this or that. So he effectively has tak...
by Shallowpockets
Wed Dec 12, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Trip to Italy
Replies: 42
Views: 2373

Re: Trip to Italy

5 people in a small rental car. Plus luggage. Keep that in mind. Look up some cars you might rent and maybe you all can do a trial run on getting into the car, all 5 of you, with your bags. I would not want to travel with five people. Keep in mind, when do we eat? Where? Where to go? How far will/ca...
by Shallowpockets
Tue Dec 11, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7733

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

Foreign travel is the most rewarding for people who read. If you read foreign authors you are curious to see places where their plots have unrolled and culminated. As a fan of Arthur Conan-Doyle, I was thrilled to stand on a platform at the Reichenbach Falls, where Sherlock Holmes and professor Mor...
by Shallowpockets
Mon Dec 10, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7733

Re: To each his own ( I guess )

Keep in mind that as we get older we seem to get lazier. Getting up and out becomes a wee bit harder. Not always physically, but mentally. We like it warm and cozy and easy. We like our circle small, manageable. Stay in the neighborhood. Easier to not do, than to do. We create all kinds of excuses. ...
by Shallowpockets
Mon Dec 10, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Made an unwise investment, help solicited
Replies: 41
Views: 3516

Re: Made an unwise investment, help solicited

You could have invested lump sum into total stock market at beginning of year and you would now be negative. Your 75K would be worth 73,200
by Shallowpockets
Mon Dec 10, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7733

Re: To each his own ( I guess )

You do not really travel so much as visit family. I would not call you uncultured, but incurious fits the bill.
by Shallowpockets
Mon Dec 10, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion taxes- how to pay them?
Replies: 13
Views: 1323

Re: Roth conversion taxes- how to pay them?

You have a few areas here to play with to keep yourself right for the ACA. First, do you need the repairs? Do you need repairs totaling 60k, and what is the timeframe they need to be done? You already are taking 20k as needed from your IRAs. Maybe you could work on that, I.e. , lifestyle, budget cha...
by Shallowpockets
Mon Dec 10, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: are pre-fabricated / manufactured homes a bad investment?
Replies: 99
Views: 6625

Re: are pre-fabricated / manufactured homes a bad investment?

A lot, maybe most of those nice looking log homes you might see out west in the mountains are probably fashioned off site and trucked in and put together again like Lincoln Logs. They are on foundations and have everything an onsite house would have. Is this a manufactured home? I think in the US ho...
by Shallowpockets
Mon Dec 10, 2018 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Comparing short-term borrowing cost: Interactive Brokers vs. Fidelity
Replies: 13
Views: 950

Re: Comparing short-term borrowing cost: Interactive Brokers vs. Fidelity

What's your reason for the short term debt? I think your calculations make sense. I moved a large portion of my savings to a new bank and suddenly I needed cash while they were on hold for 5 days. That is poor planning. Your actual cash held up for 5 days and now you are thinking about the possible...
by Shallowpockets
Sat Dec 08, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Sign Up
Replies: 22
Views: 2087

Re: Medicare Sign Up

Like OP I have a Medicare Advantage plan. I factor in the free Silver Sneakers at my gym... How do you figure this is free? The cost is included in the premium you pay and the amount that Medicare pays to your insurance company. It is free to me. My ONLY Medicare cost is the $134 month we all pay. ...
by Shallowpockets
Sat Dec 08, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 11851

Re: 20M Inheritance - What is best option for small/no risk on principal?

Why all this talk? Should it be any different for 20 million than for 20k? Following the BH philosophy with asset allocation, stock/bond, and stay the course, plus the usual 20-30 year time frame and that the market always returns positive over time on the average with index funds, why is this any d...
by Shallowpockets
Sat Dec 08, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 43
Views: 2794

Re: Home addition vs. Buying New

This all started with your ideal of one more bedroom and a playroom and is now up to doubling the size of your present house. You make 300k and you have 70k in savings. What? Maybe you just started the 300k income? Twice you mention your yard as a place for the kids, but you need a playroom? You hav...
by Shallowpockets
Fri Dec 07, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 182
Views: 19787

Re: Best values at Costco? Honestly, a little disappointed...

Deals at Costco are usually wiped out by compulsive behavior, whether it's succumbing to the shiny big tvs at the gadget gauntlet you must pass through, or the hot dogs/ice cream/pizza you buy because it's a 'deal', or the loss through wastage. Buying in bulk + junk food temptations = more calories...
by Shallowpockets
Fri Dec 07, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Stressed/Job loss/Retirement possible?
Replies: 34
Views: 3991

Re: Stressed/Job loss/Retirement possible?

Aside from retiring, this is the lowest national unemployment rate in a loooong time, so you should be able to get jobs if this retirement plan does not sit well with you.
by Shallowpockets
Fri Dec 07, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Warm-up before basketball game with space constraints?
Replies: 21
Views: 1149

Re: Warm-up before basketball game with space constraints?

Have the kid run or walk to the games.
by Shallowpockets
Fri Dec 07, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Climate Concerns re: small Jersey Shore Vacation Home
Replies: 54
Views: 2941

Re: Climate Concerns re: small Jersey Shore Vacation Home

There is a lot to digest posted here. One thing you may want to consider is, do you need this second property at all? Another recnt post was on property taxes and it looks as if New Jersey is close to the highest in the nation. That is petty much lost money and a considerable chunk at that. Would it...
by Shallowpockets
Thu Dec 06, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 366
Views: 21071

Re: What are others paying for property taxes around the US?

Colorado. $1244 for 1760 sq feet.
by Shallowpockets
Thu Dec 06, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12670

Re: Who else is getting excited?

Your excitement is not the norm. Most see a stock market drop as less than welcome or exciting. And you should also think about that. Sure, your long term horizon pragmatically allows you to buy on the cheap. There is a thing called the wealth effect. Usually the flip side of excitement when the mar...
by Shallowpockets
Wed Dec 05, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Why Is Insurance Worth It (Analytically)?
Replies: 89
Views: 4234

Re: Why Is Insurance Worth It (Analytically)?

"Analytically" should also include common sense. If you can afford to self insure, you can easily pay for insurance.
by Shallowpockets
Wed Dec 05, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Using options in a retirement portfolio
Replies: 27
Views: 1369

Re: Using options in a retirement portfolio

Since you are, at this point, trying to get out of a situation with your present financial advisor, just focus on that aspect. Get out, use the BH three funds, then see what happens. Give yourself some breathing room. No sense in jumping from one FA to another. Not necessary. Withdraw from this pres...
by Shallowpockets
Wed Dec 05, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Travel now & work a bit longer, OR the other way around?
Replies: 38
Views: 2902

Re: Travel now & work a bit longer, OR the other way around?

Are you planning a trip to the Moon on SpaceX? No, just Galapagos, Safari, Katmai, etc. They seem almost as expensive :) Those trips are only trips. In other words they are limited overall in time. If you are thinking of two years of travel you will have to expand on those three by a huge margin. E...
by Shallowpockets
Wed Dec 05, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Using options in a retirement portfolio
Replies: 27
Views: 1369

Re: Using options in a retirement portfolio

The third scenario, options, requires you to pay that guy 1% of assets, annually. That is a no-go right there. Throw that one out unless you want to investigate that yourself.
by Shallowpockets
Tue Dec 04, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: Travel now & work a bit longer, OR the other way around?
Replies: 38
Views: 2902

Re: Travel now & work a bit longer, OR the other way around?

If you already have your travel plans then you must have spent a lot of time on it. Especially considering it may be a few years. So I think you answers your own question. Now if this is just a thought and you really have no plans then there is no reason you can't mix travel with continuing work. Th...
by Shallowpockets
Tue Dec 04, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: "The Steak Dinner Annuity Pitch"
Replies: 68
Views: 7610

Re: "The Steak Dinner Annuity Pitch"

I have to ask, who are the people putting on these seminars? Do they believe what they pitch? Or do they not care they are taking people's money, oftentimes under false information, without any sense of shame?
I could not be a person like that.
by Shallowpockets
Tue Dec 04, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: New Homeowner in Retirement/Travel Concerns
Replies: 16
Views: 2104

Re: New Homeowner in Retirement/Travel Concerns

Most of the replies here have to do with the house. I ask, what about the travel? You need to look at that. Frequent travel means perhaps you will return to the house in between times. Maybe only for a few days or a week. Therefore any rental or Airbnb use of your house becomes a concern. How much d...
by Shallowpockets
Tue Dec 04, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Sign Up
Replies: 22
Views: 2087

Re: Medicare Sign Up

Like OP I have a Medicare Advantage plan. I factor in the free Silver Sneakers at my gym which saves me an additional $200 year. The biggest factor I see and hear about a non MA plan is that people want to keep their own doctors and they want coverage for everything and they think they will get it w...
by Shallowpockets
Mon Dec 03, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 18005

Re: Bogle Sounds a Warning on Index Funds

Interesting article (paywalled or not). Not much you can do about it. I think things will reveal themselves in a way you can or should do something although it may be slow in coming. My takeaway is that it will cause a decline in overall index averages going forward, from the point where the too muc...
by Shallowpockets
Mon Dec 03, 2018 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 5791

Re: Saving for Retirement when one has a Pension

If it is a private employer with a pension, realize that while an employer cannot legally take away earned future benefits, they can (and likely will) at some point freeze the pension and suspend future contributions. Even many states (e.g. Illinois is the most egregious one) do not have their pens...
by Shallowpockets
Mon Dec 03, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: First Triathlon. What bike to buy?
Replies: 34
Views: 1833

Re: First Triathlon. What bike to buy?

Just use her hybrid bike. No brainer. She is just trying a triathlon. Might not like it. Not competitive. Why even worry about this. Let her go out and get in the mix the first time and see what happens. No bike she will buy will make enough of a difference for her to ascend the podium in her first ...
by Shallowpockets
Mon Dec 03, 2018 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5183

Re: Do you get a year end bonus?

When you look up 'bonus' in our company manual and it says see 'joke'.
by Shallowpockets
Sun Dec 02, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Proper way to retire
Replies: 57
Views: 6393

Re: Proper way to retire

If a company fires you they do not give two weeks notice. They don't care about your fellow workers and your relationships. They don't care about workloads. They do not feel themselves beholden to you at all. If you are retiring, why care about the future impact of leaving them flat. I did like you....
by Shallowpockets
Sun Dec 02, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Is this how early semi-retiring work?
Replies: 13
Views: 2530

Re: Is this how early semi-retiring work?

The best is to be able to cut back on your hours at the higher paying job. What I did was cut back to part time to sufficient hours to still maintain health insurance and the 401k. This way I had a practice retirement. Less hours, less money. Could I live on just what the PT dollars brought in? Also...