Search found 199 matches

by ByThePond
Wed Jun 10, 2020 5:40 pm
Forum: Personal Consumer Issues
Topic: Can I salvage this suitcase?
Replies: 38
Views: 2422

Re: Can I salvage this suitcase?

If you still have an odor problem after washing it, try "Rocco & Roxie's Stain and Odor Eliminator". Let it sit a while before drying out, as the enzymes need time to do their job. Its own fragrance will dissipate in a few days. We found it very superior to Nature's Miracle, another pet odor remedy....
by ByThePond
Mon Jun 08, 2020 1:53 pm
Forum: Personal Investments
Topic: Have recent events affected boglehead investment philosophy?
Replies: 41
Views: 2581

Re: Have recent events affected boglehead investment philosophy?

No. They have only confirmed my Boglehead beliefs. And as you point out, there's no good place you can hide from everything. If your portfolio was right before, it's likely right now too.
by ByThePond
Wed May 27, 2020 7:41 am
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 63
Views: 4503

Re: Any retirees get through Covid crisis without large cash reserve?

OP, we do keep about a year's total expenses in various banking accounts. With liability matching, it's more like 3 years' expenses. The reason is that it keeps DW calm and happy to see the "money in the bank" . That's reason enough, and it has insignificant impact on our financial picture. Our inve...
by ByThePond
Mon May 25, 2020 4:24 pm
Forum: Personal Consumer Issues
Topic: New Vehicle: Forester or Rav4 for boglehead couple
Replies: 88
Views: 5689

Re: New Vehicle: Forester or Rav4 for boglehead couple

Our last four vehicles have been Foresters. We're obviously very pleased with them, and they keep getting better with each iteration. Btw, the engine shut-off upon stopping at a light can be turned off easily with the touch of a button.
by ByThePond
Mon May 25, 2020 3:53 pm
Forum: Personal Investments
Topic: Calculating today's spending from the future money
Replies: 8
Views: 635

Re: Calculating today's spending from the future money

Have you considered using a retirement calculator that allows input for exceptional expenses at a given time or age? Running a scenario with and without an expense and checking the bottom lines should give you a good idea of the impact of the expenditure, if that helps you. I know that Retirement Po...
by ByThePond
Tue May 19, 2020 8:25 am
Forum: Personal Consumer Issues
Topic: Can't fit key fully info deadbolt lock
Replies: 9
Views: 594

Re: Can't fit key fully info deadbolt lock

+1 on the graphite. Don't use WD 40 in locks, as it likely will eventually make the mechanism stick even worse.
by ByThePond
Tue May 19, 2020 7:48 am
Forum: Investing - Theory, News & General
Topic: Social Security is an asset....yet again
Replies: 129
Views: 5826

Re: Social Security is an asset....yet again

So if someone buys a SPIA with part of their portfolio, is the annuity an asset or not? We traded human capital during our working career for an income stream. We were forced to pay FICA part of that income stream for a future income stream. I consider SS an asset to my financial future. Though I d...
by ByThePond
Mon May 11, 2020 4:29 pm
Forum: Investing - Theory, News & General
Topic: At what moment does retirement begin?
Replies: 68
Views: 5833

Re: At what moment does retirement begin?

My last official act on the job was a graduation ceremony.
At the end, as we the faculty exited to the strains of some pompous organ recessional, I was heard to be singing: " School's out for summer, school's out forEVER!" .
My colleagues found it highly amusing. I found it highly liberating.
by ByThePond
Sun May 03, 2020 3:02 pm
Forum: Personal Consumer Issues
Topic: Glue for lucite plastic to metal
Replies: 7
Views: 675

Re: Glue for lucite plastic to metal

I second the clear silicone. Also, clear Gorilla Glue. In any event, be sure to use an adhesive that is somewhat flexible, as acrylic plastic (Lucite) expands four times as much as bronze with temperature changes. Unless there's some "give", the bond will likely fail in time.
by ByThePond
Wed Apr 29, 2020 12:50 pm
Forum: Investing - Theory, News & General
Topic: SS as part of Asset Allocation?
Replies: 41
Views: 2065

Re: SS as part of Asset Allocation?

Before retirement, the goal is to turn income into wealth. In this period, the relevant and default metric is one of wealth (i.e. assets). Here, for planning it is reasonable and even appropriate to convert income streams into NPV so they can be compared to financial assets. After retirement, the g...
by ByThePond
Sun Apr 26, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 116
Views: 7501

Re: Go or no go on Carnival cruise

There are few worst sights than being in some wonderful place (one that was wonderful before the cruise ships starting coming) and seeing the giants ships docked in line, each behemoth disgorging thousands of passengers that mob and overwhelm every port they visit. Which is why we stick to cruise s...
by ByThePond
Fri Apr 24, 2020 10:29 am
Forum: Personal Investments
Topic: "Making money" by actively trading... but not beating the market
Replies: 76
Views: 3686

Re: "Making money" by actively trading... but not beating the market

I share the frustration generally reported here, but I'm reminded of Robert Heinlein's puckish advice:
"Never try to teach a pig to sing. It wastes your time, and it annoys the pig."
I've fallen into that trap more than once, with the best of intentions.
by ByThePond
Wed Apr 15, 2020 6:59 pm
Forum: Personal Consumer Issues
Topic: Finger Lakes wines?
Replies: 8
Views: 514

Re: Finger Lakes wines?

BuckyBadger wrote:
Wed Apr 15, 2020 9:41 am
https://www.fulkersonwinery.com/wines/f ... yle/white/

MANY wonderful riesling varieties. And I know the owners personally!
+1 on Fulkersons. Great Cab franc, too.
Also, Silver Springs Winery. ( Don't let the Hippie motif fool you.)
by ByThePond
Sun Apr 12, 2020 5:32 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17785

Re: Ponzi Scheme?

From the OP: "this investor has a team of approximately 100 "traders" working in a country overseas " Of course, the guy could be lying about currency traders but if he is foreign chances are the money could easily wind up in a foreign country for "safe" keeping if it isn't partially there already....
by ByThePond
Sun Apr 12, 2020 2:54 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17785

Re: Ponzi Scheme?

From the OP: "this investor has a team of approximately 100 "traders" working in a country overseas " Of course, the guy could be lying about currency traders but if he is foreign chances are the money could easily wind up in a foreign country for "safe" keeping if it isn't partially there already....
by ByThePond
Sun Apr 12, 2020 8:20 am
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17785

Re: Ponzi Scheme?

Results of a simple Google search: The company named upthread is listed as having as its director an individual named as manager or owner of thirteen companies in the last twenty-four years. Four of those companies are listed as still active, the others as inactive. None apparently had more than 3 e...
by ByThePond
Thu Mar 12, 2020 4:41 pm
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 26361

Re: Who is staying course and how are you dealing with net worth going down?

We're staying the course and wishing we had more cash to divert to equities. We rode out '87, '98, '08 at 100% equities, so this is just one more rerun. We're now retired with an AA of 80/20 and most expenses covered by one SS and a SPIA, and another SS yet to come. I had no plans to withdraw any fu...
by ByThePond
Thu Feb 27, 2020 12:14 pm
Forum: Personal Consumer Issues
Topic: Photochromic Transitions glasses
Replies: 14
Views: 1244

Re: Photochromic Transitions glasses

TheGreyingDuke wrote:
Thu Feb 27, 2020 7:25 am

With mine, the screen disappears!
Try turning the screen 90 degrees. What happens?
by ByThePond
Thu Feb 27, 2020 9:56 am
Forum: Personal Finance (Not Investing)
Topic: How quickly did you receive your 2019 tax refund?
Replies: 111
Views: 8506

Re: How quickly did you receive your 2019 tax refund?

efiled and accepted 2/19/2020

refund in bank 2/26/2020
by ByThePond
Fri Feb 21, 2020 12:48 pm
Forum: Personal Consumer Issues
Topic: Is it safe to reuse glass (Gerolsteiner) water bottles
Replies: 35
Views: 2726

Re: Is it safe to reuse glass (Gerolsteiner) water bottles

Sure. I have wine bottles that I have been triple-rinsing and reusing for 40 years.(cork type) Never a case of spoilage or illness of any kind. Some people do caution about reusing screw on caps, though, as they may not seal properly eventually. Don't forget to clean the caps and bottle threads, esp...
by ByThePond
Sat Feb 15, 2020 12:38 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 130401

Re: Coronavirus (Consumer Issues) How you are preparing?

We've prepared best we can for an extended "stay" at home including freeze dried canned staples, stocked the garage freezer, masks, disinfectants, isobutane-propane canisters in case power goes out. It's all good to have on hand anyhow for any future emergencies. Yes. In spite of my flippant commen...
by ByThePond
Fri Feb 14, 2020 12:52 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 130401

Re: Coronavirus (Consumer Issues) How you are preparing?

DW and I have a previously-booked cruise in Alaska in August. Small, luxury ship with a great company (Tauck). We still eagerly await the trip and fantacize about getting quarantined aboard such a liner. :P
by ByThePond
Tue Feb 04, 2020 8:58 am
Forum: Personal Consumer Issues
Topic: Examples of Low Tech Improving Your Life
Replies: 207
Views: 17733

Re: Examples of Low Tech Improving Your Life

I enjoy the New York Times daily crossword puzzle. Not solving it online, though, but on a paper printout, and with a fountain pen. The experience of holding a real pen and writing actual letters in the boxes is vastly more satisfying that the digital screen alternative. The old eye-hand thing, I gu...
by ByThePond
Sat Feb 01, 2020 6:19 pm
Forum: Personal Consumer Issues
Topic: Examples of Low Tech Improving Your Life
Replies: 207
Views: 17733

Re: Examples of Low Tech Improving Your Life

Sleeping in a tent or simply outside under the stars. Ditch the tent and use a tarp. Past summer, I introduced my high tech camping nephew to tarps instead of state-of-the-art tents, and he was greatly impressed by the versatility and room. Bought one himself. Under the stars is a bit iffy vs. rain...
by ByThePond
Wed Jan 29, 2020 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 894
Views: 297641

Re: Retiree Portfolio Model

Check all the factors that are spouse related, like Social Security, the age they may get their spouse's higher SS, working income, owned IRA RMDs and inheritances. Those may change with a change in their age resulting in less income and impact ending balances. The reason is in there - somewhere! T...
by ByThePond
Wed Jan 29, 2020 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 894
Views: 297641

Re: Retiree Portfolio Model

Bigfoot, I too have found problems with changing the "spouse age" cell. When I update by 1 year, the end of portfolio balance drops by about $1.4 MM, for no reason that I can understand. There are also a couple of red alerts about negative balances that show up, not unexpectedly with the lower balan...
by ByThePond
Sat Jan 25, 2020 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do cool with your money today?
Replies: 125
Views: 10339

Re: What did you do cool with your money today?

Funded improvements on a local public hiking trail. A little bit of private dough can go a long way in something like that.
by ByThePond
Fri Jan 24, 2020 5:53 pm
Forum: Personal Investments
Topic: Investing SS income
Replies: 45
Views: 3003

Re: Investing SS income

Thanks. All very good points. I know this is a bit off-topic (in a thread I started!)....but, anyone concerned about taking a haircut when SS is unable to pay 100% of promised benefits? Do you think there is political will to make SS "whole" in - what's the latest - 2035? It seems to me this is a c...
by ByThePond
Thu Jan 16, 2020 6:12 pm
Forum: Personal Investments
Topic: Most Reliable Insurance Company (SPIA for Retirement)
Replies: 20
Views: 1582

Re: Most Reliable Insurance Company (SPIA for Retirement)

NY Life was the only insurance company with a top rating from all three major ratings agencies last time I checked. TIAA and Mass Mutual are close enough to that. State guaranty pools usually cover $250K per person per company. I don’t believe that TIAA annuities in group retirement plans are eligi...
by ByThePond
Thu Jan 16, 2020 3:40 pm
Forum: Personal Investments
Topic: Most Reliable Insurance Company (SPIA for Retirement)
Replies: 20
Views: 1582

Re: Most Reliable Insurance Company (SPIA for Retirement)

I notice that TIAA isn't among the list of insurance co. ratings. Can anyone put them in perspective with the others? Since that's who I went with a year ago...
Thx.
by ByThePond
Thu Jan 02, 2020 10:05 am
Forum: Personal Investments
Topic: Roth IRA - so who hit 'enter' at 12:01AM this morning?
Replies: 113
Views: 10947

Re: Roth IRA - so who hit 'enter' at 12:01AM this morning?

Did our annual conversion during my first morning cup of joe in 2020.
by ByThePond
Tue Dec 31, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: How much were you able to save this year?
Replies: 142
Views: 10993

Re: How much were you able to save this year?

Retired, so not actively adding to the pot, but this year the pot grew by more than my best-ever gross annual income.
True, it was an exceptional year, but it looks like the pot will continue to grow in the future too. Financially, that's plenty good enough.
by ByThePond
Tue Dec 31, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: To what do you owe your ability to forego spending now and save for your future?
Replies: 116
Views: 5149

Re: To what do you owe your ability to forego spending now and save for your future?

Good parental examples, fear of penury, and faith and understanding in investing basics.
by ByThePond
Wed Dec 25, 2019 5:19 pm
Forum: Investing - Theory, News & General
Topic: My Christmas Gift to You Seventy-Five Years Ago
Replies: 74
Views: 7042

Re: My Christmas Gift to You Seventy-Five Years Ago

Taylor,

I passed my screen around the family today so all could read about how our present freedoms were preserved by you and other young men, and at what price. It was a teachable and inspirational moment.

Thank you profoundly.
by ByThePond
Wed Dec 25, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Help not being a Scrooge with presents
Replies: 49
Views: 4026

Re: Help not being a Scrooge with presents

I've been toying with this idea: Ask those who are likely to give me a gift to write their name on a pebble and give me that. If they feel the need to give any more, to give to the worthy cause of their choice. They get to express their love, I get to know and remember their love, and someone who is...
by ByThePond
Mon Dec 23, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone start saving late and still retire early?
Replies: 61
Views: 5701

Re: Anyone start saving late and still retire early?

Sure it's possible, and there's been lots of great advice on "how to" already.
In my case, saving only started at about 36, and retired comfortably at about 63. No great big incomes, just LB our M and staying the course. Max savings peaked at 31% of income, including employer match.
by ByThePond
Fri Dec 13, 2019 11:49 am
Forum: Personal Investments
Topic: Drawdowns from taxable or tax free accounts?
Replies: 6
Views: 850

Re: Drawdowns from taxable or tax free accounts?

Much like you, I found that I had the great majority of my portfolio in tax deferred accounts, and faced higher tax rates in retirement than when working or in early retirement. To reduce the tax burden, I have not only been doing Roth conversions, but also drawing down the tax deferred accounts ins...
by ByThePond
Wed Dec 04, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Retirees, which accounts do you consume first: Taxable, Deferred,...?
Replies: 37
Views: 3067

Re: Retirees, which accounts do you consume first: Taxable, Deferred,...?

This is entirely a matter of your personal speculation on tax rates and policies, so I'm not sure it's possible to comment, since any comments can be reverse-engineered somewhat trivially to reveal the speculation - and thus violate forum policy. I respectfully disagree. I ran our numbers through R...
by ByThePond
Wed Dec 04, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Retirees, which accounts do you consume first: Taxable, Deferred,...?
Replies: 37
Views: 3067

Re: Retirees, which accounts do you consume first: Taxable, Deferred,...?

tadamsmar, I am in much the same situation: in early retirement, with an annuity, impending SS and RMDs that will push us into much higher brackets than we are now in. As mentioned in your other thread, I used the RPM spreadsheet to figure out just how much I needed to reduce our deferred accts to b...
by ByThePond
Tue Dec 03, 2019 5:06 pm
Forum: Personal Investments
Topic: Draw down Tax-Deferred First?
Replies: 4
Views: 524

Re: Draw down Tax-Deferred First?

I just ran essential ORP and it seems to be telling me to preserve taxable and drawdown tax-deferred first during retirement. The logic seems to be to draw out tax-deferred early at low tax rates. And it has me selling my home at age 80. Is this a good plan? Is anyone else doing this? Maybe I need ...
by ByThePond
Sat Nov 30, 2019 8:54 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads on Investing Podcast" doubles in five months
Replies: 17
Views: 1908

Re: "Bogleheads on Investing Podcast" doubles in five months

nisiprius wrote:
Fri Nov 29, 2019 9:43 am
Rule of 72, anyone?
( 72 x 12 ) / 5 = 172.8% Wow! That's some annual growth rate!

Congrats.
by ByThePond
Sat Nov 30, 2019 8:42 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred : Taxable : Tax Free
Replies: 224
Views: 14171

Re: Tax Deferred : Taxable : Tax Free

57 :18 : 25 We're in early retirement and doing Roth conversions. Deferred had been as high as 78% and is targeted to about 35% at age 72.
by ByThePond
Sun Nov 24, 2019 5:42 pm
Forum: Personal Consumer Issues
Topic: Which Kindle do I need?
Replies: 37
Views: 2097

Re: Which Kindle do I need?

Does the oasis have the annoying "waking..." delay on power up like the new paperwhite does? Yes, it does have a 5 second 'waking up' display. Just timed it. But my wife liked mine so much that I got her her own out of self-defense. As stated elsewhere, ergonomics and display options are excellent.
by ByThePond
Mon Nov 18, 2019 9:36 am
Forum: Personal Investments
Topic: When, whether to do Roth conversions - calculator?
Replies: 3
Views: 643

Re: When, whether to do Roth conversions - calculator?

https://www.i-orp.com/Spend/extended.html https://www.bogleheads.org/wiki/Retiree_Portfolio_Model Both are free and can help with this. +1 on both. I have used both and found both very useful. Retiree Portfolio Model is more complicated to set up, but the results are much more specific, imho. It al...
by ByThePond
Thu Nov 14, 2019 9:08 pm
Forum: Personal Consumer Issues
Topic: Romantic northeast winter weekend getaway?
Replies: 28
Views: 3456

Re: Romantic northeast winter weekend getaway?

Mohonk Mountain House, New Paltz, NY.
by ByThePond
Sun Nov 10, 2019 12:59 pm
Forum: US Chapters
Topic: U. S. Marine Corps Birthday
Replies: 22
Views: 1980

Re: U. S. Marine Corps Birthday

FIL was a Marine during WW2. His great-grandson recently completed his Marine Corps basic training.
I have respect and gratitude for both.
by ByThePond
Tue Oct 22, 2019 7:46 am
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads think about House Hacking?
Replies: 51
Views: 6557

Re: What do Bogleheads think about House Hacking?

It can be a great idea, or it can be a headache. Financially it can give one a leg up, but at the expense of loss of privacy, as noted. Growing up in an urban neighborhood, the norm was to live in a two-family house, either as owner or tenant. It wasn't thought of as a 'hack', just wise management, ...
by ByThePond
Sun Oct 20, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: Wallets [Do you carry a wallet?]
Replies: 102
Views: 9642

Re: Wallets [Do you carry a wallet?]

I carry a carbon fiber, RFID blocking front pocket wallet containing 2 CC's, driver's license, insurance card, and some walking-around cash. Life got simpler after retiring.
by ByThePond
Fri Oct 11, 2019 1:53 pm
Forum: Personal Investments
Topic: Roth conversion
Replies: 10
Views: 1143

Re: Roth conversion

JohnFiscal wrote:
Fri Oct 11, 2019 11:38 am

There's also a Bogleheads spreadsheet that does similar calculations, I can't think of it off-hand but someone will be along in a moment to add it.
RPM
https://www.bogleheads.org/wiki/Retiree_Portfolio_Model

Very, very good. It just takes time to set up and learn.
by ByThePond
Thu Oct 10, 2019 5:07 pm
Forum: Personal Investments
Topic: Roth Conversions and Safe Withdrawal Rate
Replies: 8
Views: 1246

Re: Roth Conversions and Safe Withdrawal Rate

I like i-ORP, but it's more of a hammer. If you really want the screwdriver, and your focus is on RMDs and conversion, I suggest you download Retiree Portfolio Model. It takes some effort to set up, but it's well worth your time, and specifically for granular data on Roth conversions, RMDs, and tax...