Search found 815 matches

by DetroitRick
Wed Jul 22, 2020 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended Medicare Resource Materials?
Replies: 9
Views: 430

Re: Recommended Medicare Resource Materials?

Recommended - that Medicare For Dummies book (Patricia Barry). Current edition is 3rd - published late 2018, but it does include recent changes. Some websites are referencing a November 2020 launch date for 4th edition. I think it does a great job of covering Medicare Advantage, as far as giving you...
by DetroitRick
Wed Jul 22, 2020 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Insurance Premium Increase
Replies: 22
Views: 1347

Re: Medigap Insurance Premium Increase

A couple of tips: Don't just trust the advice of any single agent. Talk to a few. They are not, as with any profession, all competent and accurate. Based on what I've experienced, I would always bounce potential alternatives off of (at least) two different agents. I just sat through a friend's sign-...
by DetroitRick
Tue Jul 21, 2020 7:01 pm
Forum: Personal Investments
Topic: Where is your fixed income invested?
Replies: 71
Views: 5217

Re: Where is your fixed income invested?

Mostly in 4 funds and some individual US Treasuries: Dodge & Cox Income, Baird Core Plus, MetWest Total Return Bond, Schwab Tips ETF, and (laddered) individual US Treasuries. Also minor positions in more-aggressive fixed income - global or world bond funds and high-yield funds.
by DetroitRick
Fri Jul 17, 2020 9:38 am
Forum: Investing - Theory, News & General
Topic: Count Cash as Fixed Income?
Replies: 80
Views: 3317

Re: Count Cash as Fixed Income?

I've always found it most helpful to differentiate between my emergency fund and the cash/fixed income/bond piece of my investment portfolio. I've done this because they are driven by different considerations. My emergency fund is managed according to short-term potential emergency spending needs an...
by DetroitRick
Sat Jul 04, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.
Replies: 94
Views: 8612

Re: A Must Listen! Dr. Burton Malkiel is my guest on the "Bogleheads on Investing" podcast.

Thanks for doing the podcast. For me, it was extremely well done and was much appreciated. He's got me thinking deeper on several topics presented, and to me that is the point. Since I had read and re-read the 8th edition, I wasn't going to bother with the 12th. Based on what I heard on the podcast,...
by DetroitRick
Thu Jul 02, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: PIP Coverage
Replies: 15
Views: 680

Re: PIP Coverage

I'm in Michigan and still stewing on these new options. This July PIP change is unique to Michigan. My policy doesn't renew until next April, so apparently I have a while to make the decision. I still have mixed feelings at the moment and haven't decided - I'll probably have my agent run the exact n...
by DetroitRick
Thu Jul 02, 2020 8:50 am
Forum: Personal Finance (Not Investing)
Topic: What are you paying for umbrella insurance?
Replies: 36
Views: 1992

Re: What are you paying for umbrella insurance?

$464 annually for $5 million coverage. Premium hasn't changed in years. AAA, midwest, 2 adults, 2 cars. Same carrier now for car, home, umbrella. Originally used different carrier for homeowners, and combining resulted in a $117 reduction in umbrella premium to that $464.
by DetroitRick
Wed Jul 01, 2020 4:42 pm
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 457
Views: 26669

Re: 4% rule - confidence poll

I'm not confident enough to use it as a rote rule, and so I never have. Or any fixed percentage (with or without inflation adjustments). But if I had to pick, I could live with it. Most years, I shoot for 3.0% to 5.5% (unadjusted for inflation), just depends on wants, needs and my portfolio performa...
by DetroitRick
Wed Jul 01, 2020 4:34 pm
Forum: Investing - Theory, News & General
Topic: Why is risk often defined as volatility?
Replies: 27
Views: 1813

Re: Why is risk often defined as volatility?

I don't define that way. But I do find it relevant to understand how others use that term in discussions and articles that focus on risk. I'm not an academic and, while the concept of volatility is vaguely important to me, other factors are of substantially greater concern in my own portfolio design...
by DetroitRick
Mon Jun 29, 2020 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 16631

Re: What is the best financial decision you ever made?

Getting the specific business degrees that I got (BBA Finance, MBA International Business), at the right time from the right places, and then being able to put those foundations to good use. Helped me both directly and indirectly, and ultimately facilitated early retirement. The dual aspect also all...
by DetroitRick
Sat Jun 27, 2020 3:42 pm
Forum: Investing - Theory, News & General
Topic: Who ever follows the “Top-Ranked” Financial Advisors on the radio?
Replies: 38
Views: 3251

Re: Who ever follows the “Top-Ranked” Financial Advisors on the radio?

I don't. Sure, I've listened on occasion, but definitely do not follow. I've found that most of what I've heard seems to fall into 3 categories - low-info discussions designed to attract clients, cheesy and/or condescending pop junk, and benign programs with some info (but not delivering enough hard...
by DetroitRick
Sat Jun 27, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Perpetual vs Subscription License - Microsoft Office
Replies: 41
Views: 2369

Re: Perpetual vs Subscription License - Microsoft Office

It's no contest for us - Subscription License for Office 365, for maybe last 7 years. Reasons: 2 users in household, both heavy users of Excel, Word and OneDrive, occasional user of PowerPoint (just me, actually), and want to get deeper into OneNote soon. Very much prefer subscription model anyway, ...
by DetroitRick
Fri Jun 26, 2020 9:56 am
Forum: Personal Consumer Issues
Topic: Exterior Storm Windows for Noise Reduction
Replies: 30
Views: 1174

Re: Exterior Storm Windows for Noise Reduction

I have exterior storms installed on the back of my house. I've had them for a fairly long time, am very happy with them, and they are of good quality. But no, they do not give me any appreciable noise reduction (not why I bought them, anyway). My storms are single pane. The underlying windows are do...
by DetroitRick
Wed Jun 24, 2020 8:56 am
Forum: Investing - Theory, News & General
Topic: Schwab Mutual Fund fees
Replies: 8
Views: 937

Re: Schwab Mutual Fund fees

When a fund is subject to that transaction fee at Schwab, yes, it is charged on both initial and subsequent purchases. But it is not charged on reinvested distributions. Nor is it charged on sales. According to their current pricing structure, it's actually up to 8.5% of principal, not to exceed $49...
by DetroitRick
Sun Jun 21, 2020 2:25 pm
Forum: Investing - Theory, News & General
Topic: Book on Bonds
Replies: 9
Views: 805

Re: Book on Bonds

If you want a really, really comprehensive resource, definitely the book you mentioned - "The Bond Book" by Annette Thau. That is personally what I found most useful in expanding my bond market knowledge beyond a basic level. It is a well-regarded classic. Now in 3rd edition, I think. Always my firs...
by DetroitRick
Sun Jun 21, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: Restaurants recommendations
Replies: 73
Views: 5103

Re: Restaurants recommendations

On the local restaurant aspect (not chain), if you drive up to port area in Long Beach, here's my favorite US restaurant for burritos. It isn't fancy, but food is stellar: Isaac's Cafe 632 N. Fries Wilmington No website, just google it for details. Family owned. Haven't been in a few years, since I ...
by DetroitRick
Fri Jun 12, 2020 6:24 pm
Forum: Personal Consumer Issues
Topic: Online Ammo purchase recommendation
Replies: 20
Views: 2009

Re: Online Ammo purchase recommendation

Here's the site I've been using for the last year or so. Ammunition Depot. Prices for 9 mm and 38 special are generally excellent, but I've never checked on the 45 acp. Based in Florida, shipping is quick and reasonable. Orders processed quickly with Amazon-like precision. Inventory has been great, ...
by DetroitRick
Thu Jun 11, 2020 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: End of year Harvesting impact on ACA next year?
Replies: 9
Views: 587

Re: End of year Harvesting impact on ACA next year?

One thing to be particularly mindful of, assuming you can or are willing to defer some of that potential gain - there are subsidy payback limits, up to a point. You might be able to reduce the amount you have to pay back by staying under certain household income limits. For example, if your househol...
by DetroitRick
Tue Jun 09, 2020 2:35 pm
Forum: Personal Consumer Issues
Topic: Missing Item -> Amazon Order
Replies: 7
Views: 749

Re: Missing Item -> Amazon Order

Just had same thing happen last week - ordered and paid for 4 of something, 3 were shipped. The fastest way to handle this is through chat with their customer service. From your Amazon account, open the order and click on "Return or replace items" button. Follow the prompts and you will quickly be g...
by DetroitRick
Sat Jun 06, 2020 6:11 pm
Forum: Personal Investments
Topic: Retirees: what is your AA?
Replies: 80
Views: 3975

Re: Retirees: what is your AA?

64 (retired long time) and 59 (semi-retired): In total - we're 25% fixed income and cash (the split between the two varies year-to-year), 3.5% other, rest in equity positions Accounts being used for retirement funding are all about 30% fixed income and cash, but my aggregate is skewed by another acc...
by DetroitRick
Sun May 31, 2020 7:09 pm
Forum: Personal Consumer Issues
Topic: Getting started with Dashlane
Replies: 43
Views: 2254

Re: Getting started with Dashlane

boblink - here are a few tips for clearing up the problems you are experiencing The message "Your credentials aren't supported by password changer yet". No, it is nothing you are doing wrong. I get the exact same message, although NONE of my logins are on their list of websites that are supported. I...
by DetroitRick
Tue May 26, 2020 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: How is the Amazon Prime Rewards Visa Signature Card
Replies: 41
Views: 2433

Re: How is the Amazon Prime Rewards Visa Signature Card

Opened mine January 2017. Never had an issue, completely happy with it, nothing bad to say. We buy a lot through Amazon, have Prime, and already had accounts with Chase - so it was perfect fit. %5 rewards Amazon/Whole Foods (with Prime), 2% gas stations/restaurants/drugstores, 1% everywhere else. Wh...
by DetroitRick
Tue May 26, 2020 11:17 am
Forum: Personal Consumer Issues
Topic: Getting started with Dashlane
Replies: 43
Views: 2254

Re: Dashlane

Boblink, 2 more tips to help with the learning curve: Pick the device you use most often (pc, tablet, phone) and download the free version of Dashlane to just that device first. Play with it, use it, try different websites that you use - just on that one device. Then, you can then upgrade by purchas...
by DetroitRick
Mon May 25, 2020 6:31 pm
Forum: Personal Consumer Issues
Topic: Getting started with Dashlane
Replies: 43
Views: 2254

Re: Dashlane

I've never bothered with the function that allows mass changing of passwords in Dashlane. I don't actually see that function on the Android Dashlane app (odd, and maybe I'm just missing it), but here is how to access it on the pc-based app or via the browser add-in: From the PC-based app: Tools Pass...
by DetroitRick
Mon May 25, 2020 2:11 pm
Forum: Personal Consumer Issues
Topic: New Vehicle: Forester or Rav4 for boglehead couple
Replies: 88
Views: 5757

Re: New Vehicle: Forester or Rav4 for boglehead couple

We just made this choice in February. Besides those 2, also considered the CRV and a few others. We looked at 2020's (2019 for CRV) and had similar criteria to what you listed (no baby, but we haul a big dog). I will say that the choice between Forester or RAV4 was the least clear preference that I'...
by DetroitRick
Mon May 25, 2020 1:42 pm
Forum: Personal Investments
Topic: Buying foreign ADRs on the OTC using Vanguard/Fidelity
Replies: 15
Views: 736

Re: Buying foreign ADRs on the OTC using Vanguard/Fidelity

OP, in addition to Edgar, you might find the ADR directories of any of the 4 larger US depositories (Bny, JP Chase, Citi, Deutsche) to be helpful with quick lookups on ADR info. They cover all ADR's, not just those for which they are depositories. All of them had your VWDRY example. My personal favo...
by DetroitRick
Sun May 24, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you change passwords on your investment accounts?
Replies: 42
Views: 2844

Re: How often do you change passwords on your investment accounts?

Very rarely. I'm mostly at Schwab, and don't bother changing passwords often anymore because collectively these steps seem sufficient to me: - Unique, secure password, never reused on other sites (and I use a password manager) - Symantec VIP key used on every account - Port-out passcode is set up wi...
by DetroitRick
Fri May 22, 2020 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Turning 65, Medicaire questions
Replies: 71
Views: 4853

Re: Turning 65, Medicaire questions

Can my wife and I get different plans? I rarely go to the doctor and high deductibles will work out the best for me. My wife has to Go in regularly for tests so a low deductible and low co- pay is best for her. Can we get separate plans or are there advantages for a married couple to be on the same...
by DetroitRick
Sat May 16, 2020 10:47 am
Forum: Personal Consumer Issues
Topic: Getting started with Dashlane
Replies: 43
Views: 2254

Re: Getting started with Dashlane

As others have said, yes, it synchs. Do your setup on one device, then do a simple install on the others. Except for the free version that is - but you said "purchase", so that would be either their Premium or Premium Plus packages - and they both DO synch. If you want to try before committing, you ...
by DetroitRick
Thu May 14, 2020 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 8004

Re: Should you include home equity in Net Worth?

OP as you can see, this topic attracts a lot of passion. My advice - track whatever elements of net worth influence your decisions. It varies from person to person. The trick may involve knowing your own needs for future decisions. For most of us (okay, at least for me), assets like cash accounts an...
by DetroitRick
Thu May 14, 2020 9:54 am
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 11486

Re: Dentist charges $10 for PPE

I would be absolutely okay with it. I spent a ton of time choosing my dentist in the first place. Considered her aesthetic abilities, material choices, infection control protocols, technical knowledge, honesty and staff quality. Beyond that, I looked at reasonable fee structure. Now, a $10 fee, or r...
by DetroitRick
Mon May 11, 2020 4:35 pm
Forum: Personal Investments
Topic: Market vs. Limit Orders
Replies: 59
Views: 3702

Re: Market vs. Limit Orders

Limit orders are fine for the average investor. There is visibility to limit orders of course, which all of us can see when using trading platforms. But limit orders are entered and cancelled with a head-spinning frequency anyway throughout the trading day. They are less of a clue to real price move...
by DetroitRick
Mon May 11, 2020 11:20 am
Forum: Personal Investments
Topic: Market vs. Limit Orders
Replies: 59
Views: 3702

Re: Market vs. Limit Orders

I use both frequently, but I use limit orders more. Both for stocks and etfs's. Things that to one degree or another push me toward limit orders size of transaction (materiality) rare conditions of significant market volatility (as I define it - unusual bid/asks spreads, bizarre and rapid price move...
by DetroitRick
Mon May 04, 2020 1:40 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Membership Question [Considering to drop membership]
Replies: 136
Views: 9659

Re: Amazon Prime Membership Question

My experience since beginning of March: Most orders are delivered in 2 to 5 days from order date (before was typically 1 or 2) A few outlying orders have taken much longer, but that was always clear when I placed the order Amazon has been beating their projected delivery dates (shown at time of orde...
by DetroitRick
Fri May 01, 2020 8:09 am
Forum: Personal Consumer Issues
Topic: File Versioning on C: in Windows 10
Replies: 12
Views: 812

Re: File Versioning on C: in Windows 10

[/quote] Hi 02nz and DetroitRick, Thanks for commenting. On Windows 10 I don't see the previous versions (when right-clicking) because Backup (File History) is not turned on. It needs an a separate partition or network drive as the destination and I only have C: drive. In Windows 7 it would keep the...
by DetroitRick
Fri May 01, 2020 8:09 am
Forum: Personal Consumer Issues
Topic: File Versioning on C: in Windows 10
Replies: 12
Views: 812

Re: File Versioning on C: in Windows 10

[/quote] Hi 02nz and DetroitRick, Thanks for commenting. On Windows 10 I don't see the previous versions (when right-clicking) because Backup (File History) is not turned on. It needs an a separate partition or network drive as the destination and I only have C: drive. In Windows 7 it would keep the...
by DetroitRick
Thu Apr 30, 2020 11:48 am
Forum: Personal Consumer Issues
Topic: File Versioning on C: in Windows 10
Replies: 12
Views: 812

Re: File Versioning on C: in Windows 10

Similar experience here to what 02nz just mentioned - yes, it's still there. Go to your backup settings (Windows 10 Home), switch "Automatically back up my files" to "on". Then click "more options" and make 4 choices: backup frequency, retention period, directories to back up, destination drive. The...
by DetroitRick
Tue Apr 28, 2020 6:08 pm
Forum: Personal Consumer Issues
Topic: Highlander or RAV4
Replies: 57
Views: 3400

Re: Highlander or RAV4

We just bought a 2020 RAV4 in February. My wife (5'7") is the primary driver, I (5'11") have a 2004 Highlander (V6). I also checked out the 2020 Highlander when we were shopping in January. Really liked it and it seems much improved (size, styling, features) from my 2004, which I still like. Neither...
by DetroitRick
Wed Apr 22, 2020 11:55 am
Forum: Personal Investments
Topic: Retirees: Walk me thru your portfolio drawdown process
Replies: 39
Views: 3760

Re: Retirees: Walk me thru your portfolio drawdown process

My current process is based on two things - relatively flat monthly expenses and very dynamic tax planning. Here's what I do now, which will change when and if those two underlying things ever change: Taxable - relatively flat, consistent monthly withdrawals, most often from dividends. Trad. IRA - I...
by DetroitRick
Tue Apr 21, 2020 11:13 am
Forum: Personal Investments
Topic: Mechanics of Holding, but not Using, X-Years of Cash or Bonds?
Replies: 50
Views: 2839

Re: Mechanics of Holding, but not Using, X-Years of Cash or Bonds?

For whatever it's worth, here's how I handle this: I keep x years of portfolio withdrawals in whatever particular ratio cash/bonds I feel best. Specifically in my case, 6 to 6-1/2 years are held in some combination of cash+bonds. I also hold a separate bank-based emergency fund and a very small amou...
by DetroitRick
Sun Apr 12, 2020 11:51 am
Forum: Investing - Theory, News & General
Topic: "The Day the Bubble Burst," eBook flash sale, $1.99
Replies: 11
Views: 1522

Re: "The Day the Bubble Burst," eBook flash sale, $1.99

Thanks for the heads up, and the review! It looks like an unusually interesting take on the subject, and I bought it. Glad you pointed it out - I would have missed it. Funny, I was just going to re-read Benjamin Roth's diary and then this!
by DetroitRick
Sat Apr 11, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: How often do you login and review your investment accounts?
Replies: 68
Views: 2597

Re: How often do you login and review your investment accounts?

It varies according to need and interest, but generally daily or more, 5 days/week. Sometimes, just because I'm interested. Sometimes, because I need to complete specific tasks (deploying new funds, rolling individual bonds, loss harvesting, withdrawals, deposits, research, re-balancing). I do this ...
by DetroitRick
Sun Apr 05, 2020 4:07 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 329
Views: 24625

Re: Are you still going to the grocery store or using a delivery service? Which?

For the moment, because of how bad it has gotten in our area, we're using 3 services for delivered groceries instead of going to the grocery store: Oberweis (midwest only, mostly dairy-related products) Schwan's (online grocer, both prepared and regular grocery items) Amazon and Amazon Pantry (every...
by DetroitRick
Thu Mar 26, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 329
Views: 24625

Re: Are you still going to the grocery store or using a delivery service? Which?

Not doing either at the moment. In our metro area, hospitals are rapidly approaching capacity with a number of plans underway to help alleviate that somewhat. As we are borderline into the higher risk category, we're just opting to hold off on either type of shopping for the next 2 weeks. After that...
by DetroitRick
Mon Mar 23, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 358
Views: 34821

Re: It's Not Different This Time

Excellent and timely post. Yes, I agree. Lots of good responses - those of nedsaid and turkishcoffee earlier were especially meaningful to me. It will get better. In the very unlikely event it won't - my financial accounts will be of little concern to me anyway. Every financial crisis that I've ever...
by DetroitRick
Mon Mar 23, 2020 11:33 am
Forum: Personal Investments
Topic: I can not do a sell on Schwab
Replies: 14
Views: 948

Re: I can not do a sell on Schwab

Just tried myself, a few hours after your posting. No issue with sell orders for me right now. My first thought is that it's just a transient problem. If it still persists after a few trys, consider trying multiple paths to your sell order to see if one or the other works: 1)Directly from the Trade ...
by DetroitRick
Tue Mar 17, 2020 12:10 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age ? and this crisis ?
Replies: 170
Views: 9609

Re: What is your AA, given your age ? and this crisis ?

1. Target AA given is roughly 70/30 (equity and a small level of alternatives being 70%, fixed income 30%), we are 59 and 64. We have the willingness and capacity to weather the swings this allocation will cause, even in retirement (wife still works part-time, I do not). Have done it before, can do ...
by DetroitRick
Thu Mar 12, 2020 2:37 pm
Forum: Personal Consumer Issues
Topic: Kindle no longer supported?
Replies: 10
Views: 1270

Re: Kindle no longer supported?

When you reboot, are you actually holding the power button down for the full 20 to 30 seconds? That timing performs an actual reboot, as opposed to a simple shutdown and re-start. There is also a full factory reset procedure you can do before totally giving up, but definitely try the reboot first. I...
by DetroitRick
Mon Mar 09, 2020 10:26 am
Forum: Personal Investments
Topic: Move from bonds to Money Market,CDs, savings acct, etc.?[UPDATE]
Replies: 98
Views: 8739

Re: Move from bonds to Money Market,CDs, savings acct, etc.?

I'm also in retirement and have weighed those types of positioning moves many times. But for most of my fixed income portfolio, I just don't do it. Really for two very simple reasons - the exact role that I want fixed income to play in my portfolio (I only keep around 30% of portfolio in fixed incom...
by DetroitRick
Fri Mar 06, 2020 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Filing tax returns for others who can't review
Replies: 16
Views: 1084

Re: Filing tax returns for others who can't review

I have a situation nearly identical to yours. It's common. No problems, no issues here for a number of years. I use TurboTax also, and it's my mother-in-law (so it's for somebody I know well). When asked for the license in TurboTax, I just check no and it lets me continue (both Fed and state). Many ...