Search found 28 matches

by DireStraits
Wed Oct 09, 2019 1:25 pm
Forum: Personal Consumer Issues
Topic: Consumer Reports
Replies: 36
Views: 3460

Consumer Reports

I used to subscribe to Consumer Reports magazine years and years ago although they have gone digital (which I have no problem with) are the reviews accurate and is the price of admission worth it?

What's your opinion of the current Consumer Reports digital magazine?
by DireStraits
Thu Jul 04, 2019 10:47 am
Forum: Personal Investments
Topic: VMRXX vs. UFB Direct MMA
Replies: 3
Views: 211

VMRXX vs. UFB Direct MMA

Another Cash Reserve, this versus that question. I was looking at putting my cash reserve into VMRXX MMF when I stumbled across the UFB Direct MMA that is currently paying 2.45% for balances equal to or above $25,000.00 and is FDIC insured. I'd like to keep life as simple for my wife and I as possib...
by DireStraits
Fri Jul 27, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 238
Views: 46311

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

I perused the thread but am not seeing the answer to my question: How is this book different than Taylor's first book? I would say his first book covers more topics (Do I need an advisor, saving for college, etc.), while his most recent book focuses on one topic, the Three Fund Portfolio. This is e...
by DireStraits
Tue Jul 24, 2018 8:56 am
Forum: Personal Investments
Topic: Money Market Fund Choice
Replies: 15
Views: 2538

Re: Money Market Fund Choice

Vanguard Prime is an excellent and prudently managed money market fund. However, due to regulations imposed following the last financial crisis, Prime is potentially subject to "gates" [delays in honoring investor redemption requests] and/or "fees" [a haircut imposed upon investor withdrawals] in t...
by DireStraits
Tue Jul 17, 2018 7:21 am
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 18559

Re: New book based on Millionaire Next Door

As others, I enjoyed The Millionaire Next Door and The Millionaire Mind. I will take the time to read the new book as well. Thanks for sharing.
by DireStraits
Mon Sep 18, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: 30yr Mortgage Refi Rates
Replies: 16
Views: 3081

30yr Mortgage Refi Rates

I have decided it makes sense to refi our current 30yr, 4.125% mortgage to a lower rate 30yr fixed mortgage and save/invest the difference. I'm currently seeking the best rates, but hoped some of you might be of help. (and yes, I'm doing a Google search, as well as checking well-known financial inst...
by DireStraits
Sat Sep 09, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: "Top 5 Ways to Manage Your Money"
Replies: 8
Views: 4134

Re: "Top 5 Ways to Manage Your Money"

DIY and the two paragraphs that follow, make sense to me.
by DireStraits
Thu Sep 07, 2017 7:51 am
Forum: Investing - Theory, News & General
Topic: Bogle's Book
Replies: 13
Views: 2490

Re: Bogle's Book

Would you recommend this book or The Bogleheads Guide to Investing as my first book? Hi DireStraits - I would recommend reading both books as well as all books by Jack Bogle. I have learned much. The two books in particular that you are questioning are somewhat different. One is focused on the over...
by DireStraits
Wed Sep 06, 2017 8:59 am
Forum: Investing - Theory, News & General
Topic: Bogle's Book
Replies: 13
Views: 2490

Re: Bogle's Book

Would you recommend this book or The Bogleheads Guide to Investing as my first book? I have read both and they serve different purposes. If you want a practical guide on how to organize a fully integrated financial plan, the The Boglehead's Guide is an excellent introduction to the entire breadth o...
by DireStraits
Wed Sep 06, 2017 7:34 am
Forum: Investing - Theory, News & General
Topic: Bogle's Book
Replies: 13
Views: 2490

Re: Bogle's Book

Would you recommend this book or The Bogleheads Guide to Investing as my first book?
by DireStraits
Wed Sep 06, 2017 7:20 am
Forum: Personal Investments
Topic: Where To Park Your Emergency Fund At Vanguard?
Replies: 17
Views: 7161

Re: Where To Park Your Emergency Fund At Vanguard?

If you have want to park your emergency fund into a Vanguard fund, what do you think would be the best and safest choice? Personally, I keep my EF Vanguard Federal Money Market Fund VMFXX. I know Vanguard itself recommends the Prime Money Market Fund. Yet are there any other options consider with t...
by DireStraits
Fri Aug 25, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Finding Life Insurance for "High-Risk" Mother
Replies: 25
Views: 3661

Re: Finding Life Insurance for "High-Risk" Mother

Lots of sage advice has been given. I appreciate all the replies.
by DireStraits
Mon Aug 21, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Finding Life Insurance for "High-Risk" Mother
Replies: 25
Views: 3661

Re: Finding Life Insurance for "High-Risk" Mother

To answer some of the questions above, she will be purchasing the policy for herself if it's financially feasible. The policy will be to cover final expenses, since she will probably out live what money she has left.

The contract with a funeral director makes sense.
by DireStraits
Mon Aug 21, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Finding Life Insurance for "High-Risk" Mother
Replies: 25
Views: 3661

Finding Life Insurance for "High-Risk" Mother

I had a rather disappointing conversation with my Mom yesterday.....to keep a long story short, I need to find a reputable firm that will provide a small-dollar amount ($25,000 or less) term life insurance policy for individuals who are considered high-risk (She's 68 years old, diabetic and has had ...
by DireStraits
Sun Aug 20, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Other financial sites worth reading
Replies: 14
Views: 4129

Other financial sites worth reading

Aside from reading the Bogleheads Forum a few times per week, I also read the articles on Vanguard and Charles Schwab. The financial world is full of noise, but are there other financial web sites out there worth reading that hold similar values as Bogleheads.org? What other sites do you deem worthy...
by DireStraits
Thu Aug 17, 2017 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 15329

Re: Anyone planning on never retiring?

A friend of mine retired at age 62. She told me before she retired that she was afraid of retiring because all of her retired friends became "stupid" once they retired. By that she meant that they seemed to lose their ability to think critically or remember things, and that this "stupidity" happene...
by DireStraits
Thu Aug 03, 2017 11:26 am
Forum: Personal Investments
Topic: Fun and interesting set of Calculators
Replies: 3
Views: 1048

Re: Fun and interesting set of Calculators

Never seen these before either, thank you.
by DireStraits
Tue Oct 18, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: How do you analyze your spending? (Where is my money going?)
Replies: 69
Views: 12922

Re: How do you analyze your spending? (Where is my money going?)

larklea wrote:MIcrosoft Money. It's no longer supported, but is still available. Can't beat the price. https://www.microsoft.com/en-us/downloa ... x?id=20738
Same here, other than I'm still using the 2003 version. :D
by DireStraits
Sat Sep 24, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Best online bill payment service.
Replies: 30
Views: 3744

Re: Best online bill payment service.

I am a little surprised at the number of people who are willing to let businesses pull money from their bank account. I do not want anyone to have access to my account other than Mrs. sport and myself. I do not mind the few seconds it takes to send a bill-pay check. It also gives me an opportunity ...
by DireStraits
Sat Sep 24, 2016 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Best online bill payment service.
Replies: 30
Views: 3744

Best online bill payment service.

I currently use my local bank's online bill payment feature, but I'm ditching my local bank for more than one reason. I currently have accounts with Schwab and Fidelity, both of which offer an online bill payment service. FWIW, I think I'll give Fidelity's system a try first. For those of you who pa...
by DireStraits
Thu Sep 22, 2016 11:33 am
Forum: Personal Investments
Topic: Schwab vs Vanguard
Replies: 30
Views: 5618

Re: Schwab vs Vanguard

This is my extremely limited experience and it's worth what you paid for it. On September 1, 2016 I opened three accounts with three different firms: Charles Schwab, Fidelity and Vanguard. Within 24 hours of opening the account at Charles Schwab and Fidelity, I received a phone call from one of thei...
by DireStraits
Tue Sep 20, 2016 11:43 am
Forum: Personal Investments
Topic: Two questions ["Age in Bonds" vs. Risk Tolerance]
Replies: 24
Views: 2548

Re: Two questions

One thing you should think about is the fact that you have a pension. That may eliminate the need for you to hold bonds at all, depending on the terms of the pension. Bonds and pensions and social security are all fixed income assets that generate steady income. If you can cover your bare expenses ...
by DireStraits
Tue Sep 20, 2016 11:26 am
Forum: Personal Investments
Topic: Two questions ["Age in Bonds" vs. Risk Tolerance]
Replies: 24
Views: 2548

Re: Two questions

I'd like to thank each and everyone of you who replied; there is sage advice in each post. I do believe the ability/willingness/need to take risk will get me far closer to my theoretical risk tolerance than any of the questionnaires I've taken. I appreciate the information pertaining to pension plan...
by DireStraits
Tue Sep 20, 2016 8:15 am
Forum: Personal Investments
Topic: Two questions ["Age in Bonds" vs. Risk Tolerance]
Replies: 24
Views: 2548

Two questions ["Age in Bonds" vs. Risk Tolerance]

As suggested, I've been reading the wiki everyday and it has spurred a couple questions. Some info to help guide your replies: I'm a 45 year old fledgling investor (yes, I know I'm late to the game), time horizon is approximately 20 years, very secure profession and pension plan, will be using exclu...
by DireStraits
Tue Sep 20, 2016 7:55 am
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 275
Views: 50538

Re: The Bogleheads' "100 Things Worth Every Penny" List

The love of a good woman (my wife) My children. Family vacations, regardless of cost. Time with family and friends. Coaching football. It's not my 9 to 5 job; I'm a paid coach.....it doesn't cover my time and effort, but I love every moment I spend on the field. The sun on my face and the smell of s...
by DireStraits
Sat Sep 17, 2016 8:38 am
Forum: Personal Investments
Topic: Good read on mutual fund investing needed.
Replies: 10
Views: 1309

Re: Good read on mutual fund investing needed.

Thank you for all the replies.

I started reading the wiki last night; lots of good information there and as suggested, like any good Boglehead, I'll go to the library next week.
by DireStraits
Fri Sep 16, 2016 10:39 am
Forum: Personal Investments
Topic: Good read on mutual fund investing needed.
Replies: 10
Views: 1309

Good read on mutual fund investing needed.

New member and first post, so go easy. I'm sure this question has been beat to death, but I would like some fresh opinions on the matter. I've looked through 4-5 pages of history on this forum and couldn't find a related thread, so I searched the net and got several overlapping answers. I'm a fledgl...