Search found 336 matches

by MI_bogle
Mon Jul 16, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Bears!!!
Replies: 60
Views: 5240

Re: Bears!!!

I've read that black bears are quite common in many places in the USA. I live at the edge of a national forest but still within the city limits (barely) of a city. My house is quite a ways from the street and you reach it by driving down a longish (150 feet or so) gravel driveway. The area around t...
by MI_bogle
Thu Jul 05, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Removing dead poison ivy
Replies: 24
Views: 1383

Re: Removing dead poison ivy

I would cut the vine base and then daub more herbicide directly on the cut surface just to be sure you get the roots
by MI_bogle
Mon Jul 02, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: Retiring in Michigan (Ann Arbor)
Replies: 65
Views: 4801

Re: Retiring in Michigan (Ann Arbor)

I'll also add that since "other places in the Midwest" were mentioned, other candidates in the mold of Ann Arbor would be Madison WI, Twin Cities in Minnesota. Twin Cities are much larger, but many neighborhoods and areas that feel very similar to Madison/Ann Arbor. I actually prefer the winter weat...
by MI_bogle
Mon Jul 02, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Retiring in Michigan (Ann Arbor)
Replies: 65
Views: 4801

Re: Retiring in Michigan (Ann Arbor)

Since the original post here asks about thoughts on Ann Arbor "or other midwestern cities," it doesn't seem too off-topic to ask: For those who have lived in Ann Arbor, did you find yourself having much reason/occasion to go over to East Lansing for activities (arts, music, other culture, but not n...
by MI_bogle
Thu Jun 28, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Any Reason to Keep My "Landline" Phone?
Replies: 65
Views: 4138

Re: Any Reason to Keep My "Landline" Phone?

I don't think you're missing anything, give it the ax!
by MI_bogle
Wed Jun 27, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?
Replies: 98
Views: 6382

Re: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?

Dropped off my ten year old civic at the shop today with transmission problems. If it ends up being more than a $500 fix, I will end up replacing it and we are in desperate need of a truck (live on 20 wooded acres with a gravel road and livestock). I personally dislike driving a truck so the promis...
by MI_bogle
Wed Jun 27, 2018 8:47 am
Forum: Investing - Theory, News & General
Topic: Opinion: Betterment Thinks We're Stupid
Replies: 17
Views: 3675

Re: Opinion: Betterment Thinks We're Stupid

frankly, I think it's refreshing. We rail on firms that use jargon and pressure sales tactics to sell complicated portfolios with high fees. This is pretty much the opposite of that. They're speaking plainly, have pretty reasonable fees, and are actually explaining what a basis point is in an unders...
by MI_bogle
Mon Jun 25, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Term Life Insurance ?
Replies: 10
Views: 750

Re: Term Life Insurance ?

Term4sale.com is the most recommended way to shop
by MI_bogle
Mon Jun 25, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Roth vs Traditional IRA
Replies: 34
Views: 1550

Re: Help me understand Roth vs Traditional IRA

Mathmatically, as long as you are in identical tax brackets when you contribute and when you withdraw a Roth and Traditional are identical There are many factors to which is better for each situation. The rub is that you won't know most of the crucial information until years in the future. Tax rates...
by MI_bogle
Mon Jun 25, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: CNBC: Social Security buying power has slipped by a third for retirees
Replies: 95
Views: 7110

Re: CNBC: Social Security buying power has slipped by a third for retirees

Not terribly surprising, given the exponential increase in healthcare.

Social Security inflation adjustment is not chained to the basket of goods that senior citizens are using. And unfortunately for them, housing and healthcare are growing far faster than inflation at large
by MI_bogle
Mon Jun 25, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: College: extraneous expenses
Replies: 32
Views: 3003

Re: College: extraneous expenses

Hello! I will be starting school in the fall living in the dorms for my Bachelor's degree and my parents and grandparents are helping me out a ton, but I will be responsible for books and other extraneous expenses. I have meal plan for 15 meals a week with my college which is included in my Room an...
by MI_bogle
Mon Jun 25, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 80
Views: 5329

Re: car for long-distance driving

Hi all, I'm looking to buy a car as I will need to drive from Champaign, IL to Charlottesville, VA about once every month starting this fall. This would be a 11-hour drive so I want to make sure I will get an appropriate vehicle. To experienced boglehead drivers, Would a Honda Fit be a capable choi...
by MI_bogle
Fri Jun 22, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: I think I am in trouble...way behind where I should be
Replies: 22
Views: 2535

Re: I think I am in trouble...way behind where I should be

Thank you all for your thoughtful replies. You've made me feel better. I do feel like I am way, way behind my peer group. I have edited my original post to address some of the questions / requests for more information. Hopefully I didn't miss anything. Thank you very much. One thing not mentioned y...
by MI_bogle
Thu Jun 21, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 64
Views: 3554

Re: Does an IPS really need to be 5 pages long to be valuable?

We are actually looking for sample IPS's for my adult daughter to use as a template. Where to look for shorter, but valuable ones? Thanks much, Cody Perhaps she can use yours as a template? :) :beer Cheers, packet Or, perhaps the greatest value would be for her to create the IPS herself, using your...
by MI_bogle
Thu Jun 21, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 64
Views: 3554

Re: Does an IPS really need to be 5 pages long to be valuable?

And an IPS is...what? Investing Policy Statement Mine is 1 page long, and under 500 words. It has a few objective/goals (target retirement age, savings goal, etc), a 1 sentence investment philosophy, a note about houses/cars, asset allocation, funds/accounts, review process (once annually), and reb...
by MI_bogle
Thu Jun 21, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: Buy new truck before retiring?
Replies: 53
Views: 3025

Re: Buy new truck before retiring?

20 mpg - 13 mpg = 7 mpg difference. $2.90/gallon $9500 difference ? = $9500*(7m/g)*(1g/$2.90) g cancels $ cancels math, ? = 22,931.0345 miles Think of it this way. Driving 20,000 miles at 20 MPG uses 1,000 gallons of gas. At $3 a gallon, that's $3,000. Driving 20,000 miles at 13 MPG uses 1,538 gall...
by MI_bogle
Wed Jun 20, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Why is Mr. Bogle so against investing internationally?
Replies: 24
Views: 2992

Re: Why is Mr. Bogle so against investing internationally?

I would posit that his lifetime aligned with a remarkable period for US growth, during which it has often outperformed international stocks. So there could be some bias there. Plus the normal "home country" bias, and as he has mentioned multiple times, many US companies have lots of international ex...
by MI_bogle
Fri Jun 15, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: Cheap, fuel efficient 2nd car commuting?
Replies: 17
Views: 1531

Re: Cheap, fuel efficient 2nd car commuting?

My daily driver is newer (paid for) truck averaging about 18 miles per gallon (city/highway). I was averaging about 10,000 miles per year with this truck so depreciation and fuel expenses were not that big of a concern for me. Due to an unexpected but good job change, I am now anticipate driving ab...
by MI_bogle
Fri Jun 15, 2018 8:19 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 17544

Re: Top Shelf Liquor Overrated?

Laphroigh is very much an acquired taste. Hated my first sip but ended up living it. I prefer Lagavulin 16 over it by a bit but it’s a lot pricier. Ardbeg is very similar and tastes wonderful. Current favorite is Carol Illa. Also from Islay and great tasting (surprised only one person mentioned it)...
by MI_bogle
Wed Jun 13, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 7357

Re: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement

Millennials get blamed for everything from "killing retail" to not having enough babies. I love the irony when I see these rants by Boomers posting on popular social media platforms created by Millennials. I always re-write the headlines in my brain as I read them For example "Millenials are killin...
by MI_bogle
Fri Jun 01, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 17544

Re: Top Shelf Liquor Overrated?

I’ve been comparing: Gordon’s Gin to Blue Sapphire Evan Williams Bourbon to Maker’s Mark Smirnoff Vodka to Grey Goose Kirkland Canadian Whiskey to Crowne Royale Kirkland Cognac to Remy Martin In most of these examples a half gallon is the same price as a fifth of the more expensive liquor. They are...
by MI_bogle
Thu May 24, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: 529 vs Emergency Fund
Replies: 21
Views: 1554

Re: 529 vs Emergency Fund

Rupert wrote:
Wed May 23, 2018 2:30 pm
Emergency fund first. (That's the equivalent of putting on your oxygen mask before helping others).
This is great and I'm totally stealing it!
by MI_bogle
Thu May 24, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick
Replies: 37
Views: 3065

Re: Should I spend $1,500 on getting some rust repaired on a 15 year old Buick

Don't spend 1500 on rust. You're driving a 15 year old Buick. Who cares if there's rust Also, nobody has mentioned it... but 15 years and only 25,000 miles... that's in the territory where things could go bad fast. Old, super low mileage cars aren't always the best, because they sit idle for very lo...
by MI_bogle
Tue May 22, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: Anyone Using Food Sealing Vacuums (eg FoodSaver)?
Replies: 23
Views: 1933

Re: Anyone Using Food Sealing Vacuums (eg FoodSaver)?

I've for awhile now toyed with whether a vacuum sealer for foodstorage would be a useful purpose. I suspect this forum probably has a higher use rate for these than the average population, so I'm curious as to how useful people really think they are and how they actually tend to get used in the rea...
by MI_bogle
Wed May 02, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 14561

Re: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]

Ugh. Just got the email from my HSA provider... of course, this is about 5 weeks AFTER I changed my contribution via payroll

I am just going to leave it 50 bucks short, what a giant PITA.
by MI_bogle
Thu Mar 29, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: Which of our cars should we use more, old or new?
Replies: 32
Views: 2515

Re: Which of our cars should we use more, old or new?

We own 2 cars: one 11 years old with ~110,000 miles, and another 1.5 years old with ~13,000 miles. It seems the general opinion from people I talk to is to use the old car for around town stop and go driving, and the new car for more long distance driving when possible. Both are used for commuting,...
by MI_bogle
Wed Mar 28, 2018 11:48 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 21156

Re: A lot of heavy hitters this morning

Love this board but can't help to feel disconnected this morning when the first 3 posts are something like: 1) I will be making $350K, should I save for my kid's 529? 2) Should I buy a $1.2 million condo? My inlaws just gave me $235K. 3) I got a $600K windfall...should I pay off mortgage? Feeling a...
by MI_bogle
Wed Mar 28, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 14956

Re: Healthy eaters -- is this grocery budget normal to you?

Anyway, we do eat lots of meat! OK - that may be the key to your higher costs. "The science says" high consumption of meat is very unhealthy - so you are paying a premium to harm your health. Your choice - but no longer mine. What science says this? I eat 3 lbs of lean ground turkey, 2.5 lbs of chi...
by MI_bogle
Tue Mar 27, 2018 2:59 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 7089

Re: Concerns with Vanguard

I really do love Vanguard. They do not have to worry about their stock price like Schwab or enrich their owners like Fidelity. However, .... 2. With all my assets in cyberspace, does anyone else on forum have concerns about security? 3. Is anyone switching out of Vanguard or is this the usual commo...
by MI_bogle
Tue Mar 27, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 7089

Re: Concerns with Vanguard

I have been a happy customer of Vanguard for 20 plus years. I have never had an issue with them. However, I am alittle concerned with the stream of negative comments lately about their services. The computer glitch this morning is actually the first time they raised my blood pressure. I really do l...
by MI_bogle
Tue Mar 27, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Am I being stubborn about housing purchase
Replies: 27
Views: 3907

Re: Am I being stubborn about housing purchase

Am I being stubborn? I am debating on decreasing retirement savings to increase downpayment for a house. However, I am not convinced this is most prudent thing. Many colleagues at work tell me that I am just wasting my money by renting. Also, since the housing market in Austin has been increasing r...
by MI_bogle
Mon Mar 19, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: conversation about finances/spending with significant other?
Replies: 33
Views: 2849

Re: conversation about finances/spending with significant other?

You've been dating for a year, that's not too soon to have the conversation. Just have it. "Boyfriend, we've been dating for a year and there are some things I'd like to start discussing to determine whether we are long-term compatible. One of those is finances. I'd like to discuss our respective f...
by MI_bogle
Mon Mar 19, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: "Demographics and equity returns: A far-fetched horror story" by Joe Davis of Vanguard
Replies: 30
Views: 5425

Re: "Demographics and equity returns: A far-fetched horror story" by Joe Davis of Vanguard

Chapter two of the story centers on the notion that, burdened with student loans and shell-shocked from the dot-com bubble and global financial crisis, the millennial generation is risk-averse and reluctant to invest in the stock market. When Vanguard analyzes the data, however, this narrative arc ...
by MI_bogle
Tue Mar 13, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 13899

Re: Need advice re: Liberal Arts Colleges...

In general, students who flourish at liberal arts colleges leave with highly marketable skills, namely sophisticated critical reading, writing, thinking, and oral communication skill. Liberal arts colleges also tend to provide their students with greater individual support than do many larger Unive...
by MI_bogle
Fri Mar 09, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: Anyone ever have success getting out of a lease?
Replies: 27
Views: 2259

Re: Anyone ever have success getting out of a lease?

Don't just "not pay". That's a bad idea. You signed a contract stating you'd stay through a certain time. Giving two months notice isn't "reasonable" if the contract says you have to stay until a certain date. If you haven't read the lease thoroughly, now would be a good time, just to see if there's...
by MI_bogle
Thu Mar 08, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 14561

Re: HSA family max contribution lowered to $6850 for 2018

Wow, thanks for the heads up. I set mine to max via payroll deductions over the course of the year.

Now I guess we'll see how my payroll bureaucracy handles it. Somehow I doubt it will be smooth. I bet they haven't even heard of it yet...
by MI_bogle
Mon Mar 05, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: New Kid Expenses
Replies: 31
Views: 2475

Re: New Kid Expenses

Income from my wife's job is slightly over the cost of what daycare would be assuming it was $3K/mo daycare so again, it all depends on what we value more. If you end up needing 3k/mo in daycare and your wife brings in 3k/mo then it's a net loss after paying taxes on her income. ^^ Is it a net loss...
by MI_bogle
Wed Feb 28, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: TSP fails secuity audit
Replies: 19
Views: 3164

Re: TSP fails secuity audit

Yes, the G fund is the only major benefit of the TSP vs index funds elsewhere. That, plus the fact it's paying over 2x the fair market rate for low risk government debt, is probably why 40% of all TSP dollars are invested there . How long the good deal will last is unknown. I'm guessing a bigger fa...
by MI_bogle
Tue Feb 27, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Deer Garden Damage Prevention
Replies: 36
Views: 2463

Re: Deer Garden Damage Prevention

OP here- A lot of great ideas have been posted and I plan to keep them in my gardening arsenal! We have about 3/4 of an acre open with gardens / large masses of ground cover / shrubs and house and the remaining of our 2.5 acre lot in woods. Our 6' high fence around the tomatoes and cucumbers, small...
by MI_bogle
Mon Feb 19, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: What home related expenses do I need to think of?
Replies: 16
Views: 1079

Re: What home related expenses do I need to think of?

This must be a really nice place. $800/month is more than many (most?) people's mortgages. It would stun me if 50%+ of people with mortgages are at $800 or less. We had to put 29% down on a nearly rock-bottom house in our area ($209,000), with a pretty good interest rate (3.875%) to get our PITI to...
by MI_bogle
Mon Feb 19, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Email from IRS this morning- is my information compromised?
Replies: 21
Views: 2703

Re: Email from IRS this morning- is my information compromised?

Smells phishy to me...from everything I have read, the IRS rarely if ever emails people. And that email address throws up red flags for me.

https://www.irs.gov/privacy-disclosure/report-phishing


Have you checked to see that your account is actually frozen?
by MI_bogle
Sat Feb 10, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: Another tire question - rotation for low mileage?
Replies: 15
Views: 1198

Re: Another tire question - rotation for low mileage?

If you are low mileage with old tires that you will replace in the near future, I would not rotate them unless you noticed uneven wear or a shimmy
by MI_bogle
Fri Feb 09, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Help Sell FIRE to spouse
Replies: 31
Views: 3957

Re: Help Sell FIRE to spouse

So, am I getting this summary correct? No debt 1.6 million invested Anticipate another 350K from house sale in a few years Anticipate 125K from mother's house sale soon Have pension/SS in the ballpark of 50% to 80% of your estimated spending, depending on when you start drawing Estimated spending is...
by MI_bogle
Fri Feb 09, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Best TV options for multiple residences?
Replies: 9
Views: 645

Re: Best TV options for multiple residences?

If you mostly watch ABC/NBC/CBS it sounds like an antenna + Netflix already has you covered for the most part

My idea is that you already have a default plan that is economical
by MI_bogle
Fri Feb 09, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 9924

Re: Tenants want to break lease early and is pregnant

You said they were great tenants; that's like gold. Let 'em go early, wish them well, thank them for being good tenants, and offer to give them a good reference. They probably found a bigger place to accommodate a growing family and don't want to lose it. I agree. They are, apparently, leaving only...
by MI_bogle
Wed Feb 07, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: How often should you/do you rebalance?
Replies: 15
Views: 1449

Re: How often should you/do you rebalance?

Everybody's got a different opinion, most of them valid I say use whatever is the best combination of two things: 1) ease/simplicity, and 2) whatever is most likely to assist you in keeping an appropriate asset allocation matched to your willingness, need, and ability to take risk My personal approa...
by MI_bogle
Mon Feb 05, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1469310

Re: U.S. stocks in freefall

1100. :shock: edit: Make that 1550 Wondering what happened to cause the DOW to drop from 24776 at 3:02 PM to 23999 at 3:11 PM, and then recovered almost of it back by 3:17 PM. Even for a wacky market that seems kinda wacky ... :shock: It's almost enough to make question how efficient markets really...
by MI_bogle
Mon Feb 05, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6752
Views: 1469310

Re: U.S. stocks in freefall

Ren wrote:
Mon Feb 05, 2018 3:53 pm
eye.surgeon wrote:
Mon Feb 05, 2018 3:51 pm
vanguard.com is down....
Yes it is....sigh...great timing.
there's a market timing joke in here somewhere...
by MI_bogle
Thu Feb 01, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone own gold?
Replies: 25
Views: 2529

Re: Does anyone own gold?

I think I have an old double eagle coin somewhere that I inherited from a relative, so I guess technically I own some gold

I think it's a poor investment though, in terms of actually owning it as part of a portfolio
by MI_bogle
Thu Feb 01, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: SUV vs Minivan: which is safer?
Replies: 24
Views: 2730

Re: SUV vs Minivan: which is safer?

https://www.cbsnews.com/htdocs/pdf/Driver_DeathRates_sr5001_emb.pdf https://crashstats.nhtsa.dot.gov/Api/Public/Publication/812413 Some data here for you to peruse In general, there's not a huge difference between SUVs and minivans anymore, as the SUV rollover risk that was prevalent during the 90s ...