Search found 1555 matches

by friar1610
Thu Nov 14, 2019 5:09 pm
Forum: Personal Consumer Issues
Topic: Snow tires
Replies: 45
Views: 2739

Re: Snow tires

For 5 of the 8 years I lived in Vermont I used non-studded Hakkas on an AWD Volvo XC-70. I liked them very much although I still had problems going up my hilly, gravel driveway after several passes had compacted the snow and turned it to ice. (The plow couldn't clear the gravel driveway as well as i...
by friar1610
Thu Nov 14, 2019 4:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Steering Committee & Bogleheads
Replies: 3
Views: 509

Vanguard Steering Committee & Bogleheads

I'm sure many other Bogleheads participate in the Vanguard Steering Committee. I was asked a year or two ago if I wanted to participate and I said yes. I aperiodically get an email with a short questionnaire, each on a different aspect of investing, Vanguard service, web site design, etc. I'm sure V...
by friar1610
Thu Nov 14, 2019 4:13 pm
Forum: Personal Investments
Topic: If one is pessimistic about both stocks and bonds, does a SPIA make sense?
Replies: 52
Views: 2142

Re: If one is pessimistic about both stocks and bonds, does a SPIA make sense?

I'm confused... The discussion has been about SP I As, the I standing for "immediate". Yet the OP and spouse are in their 40s. I thought you couldn't receive annuity payments before age 59 1/2. And I thought there was a 10% penalty for withdrawing from an annuity before that age. What am I missing?...
by friar1610
Thu Nov 14, 2019 4:12 pm
Forum: Personal Investments
Topic: If one is pessimistic about both stocks and bonds, does a SPIA make sense?
Replies: 52
Views: 2142

Re: If one is pessimistic about both stocks and bonds, does a SPIA make sense?

I'm confused... The discussion has been about SP I As, the I standing for "immediate". Yet the OP and spouse are in their 40s. I thought you couldn't receive annuity payments before age 59 1/2. And I thought there was a 10% penalty for withdrawing from an annuity before that age. What am I missing?...
by friar1610
Thu Nov 14, 2019 1:57 pm
Forum: Personal Investments
Topic: If one is pessimistic about both stocks and bonds, does a SPIA make sense?
Replies: 52
Views: 2142

Re: If one is pessimistic about both stocks and bonds, does a SPIA make sense?

I'm confused... The discussion has been about SP I As, the I standing for "immediate". Yet the OP and spouse are in their 40s. I thought you couldn't receive annuity payments before age 59 1/2. And I thought there was a 10% penalty for withdrawing from an annuity before that age. What am I missing?...
by friar1610
Thu Nov 14, 2019 12:56 pm
Forum: Personal Investments
Topic: If one is pessimistic about both stocks and bonds, does a SPIA make sense?
Replies: 52
Views: 2142

Re: If one is pessimistic about both stocks and bonds, does a SPIA make sense?

I'm confused...

The discussion has been about SPIAs, the I standing for "immediate". Yet the OP and spouse are in their 40s. I thought you couldn't receive annuity payments before age 59 1/2. And I thought there was a 10% penalty for withdrawing from an annuity before that age. What am I missing?
by friar1610
Wed Nov 13, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard and basketball
Replies: 14
Views: 1550

Re: Vanguard and basketball

Will be interesting to see if they advertise on any Big East games (Fox Sports Network), including games of their neighbor, Villanova.

Go Friars!
by friar1610
Mon Nov 04, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 112
Views: 8607

Re: HRBLOCK Pre-Order 2019 Software Offer

After grumbling for years I decided that in my own self-interests it is probably better to pay ten bucks more and e-file my state return than to print out and mail paper just because I don't agree with their fee. It's always annoying, though, because the software for the state return is never avail...
by friar1610
Sun Nov 03, 2019 10:05 am
Forum: Personal Consumer Issues
Topic: Cell phone service
Replies: 21
Views: 1647

Re: Cell phone service

Other than cell phones that came with my jobs (I'm long retired), I've never had anything other than a TracFone. It has met my needs just fine although I am not a heavy cell phone user. With my current smartphone, I can make all the calls I need to, email, text and access the web either by wifi when...
by friar1610
Fri Nov 01, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone here use a fee-only flat fee investment advisor?
Replies: 17
Views: 1606

Re: Anyone here use a fee-only flat fee investment advisor?

I've used an investment advisor for a one-time review of my portfolio and recommendations on what changes to make. I paid about $500 for this. But I am the one responsible for the implementation. In my case, that's no big deal since I have a very simple portfolio; am retired, so am not making regula...
by friar1610
Sat Oct 26, 2019 8:34 pm
Forum: Personal Investments
Topic: Do You Pay For Financial Advice?
Replies: 76
Views: 4311

Re: Do You Pay For Financial Advice?

Within the past 6 months I paid a well regarded investment advisor $500 to review my portfolio, make recommendations for tweaking it and providing general advice for structuring the port going forward. Prior to that I had been DIY and plan to continue down that path as I implement the two or three v...
by friar1610
Sat Oct 26, 2019 8:07 pm
Forum: Personal Consumer Issues
Topic: Bid on airline upgrade? (Icelandair)
Replies: 11
Views: 1015

Re: Bid on airline upgrade? (Icelandair)

Thanks to all who responded. As I said, I've never experienced an offer like this before so wasn't sure whether or not it was worth it. My conclusion is that I'm not going to bother to pursue it for this trip. To answer a few questions: - I'm not sure if we would both be guaranteed the upgrade if we...
by friar1610
Sat Oct 26, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: Bid on airline upgrade? (Icelandair)
Replies: 11
Views: 1015

Bid on airline upgrade? (Icelandair)

My wife and I going to Iceland next month for 3 nights on an Icelandair package deal out of Boston. The package price includes economy air Boston-Keflavik and return. I just got an email for Icelandair offering me the "opportunity" to bid for an upgrade to business class for the round-trip flights. ...
by friar1610
Fri Oct 25, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: I no longer plan on retiring early
Replies: 110
Views: 15107

Re: I no longer plan on retiring early

So I Adjusted my IPS: No more early retirement. For the next 5 years - I will work 4 days a week, take at least 7 weeks off per year. No more long hours Then the next 5 years - I will work 3 days a week, take 12 weeks off Then indefinitely, I will only work 6 months a year. It will be consecutively...
by friar1610
Tue Oct 22, 2019 9:44 pm
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11635

Re: Inside Fisher Investments

Jack FFR1846 wrote:
Tue Oct 22, 2019 9:26 pm
He [angered -- mod oldcomputerguy] Abby Johnson. He's toast.
Yeah; from what I've read she's been on a campaign to turn around the "old boy" mentality at Fido.
by friar1610
Tue Oct 22, 2019 7:54 pm
Forum: Investing - Theory, News & General
Topic: Inside Fisher Investments
Replies: 123
Views: 11635

Re: Inside Fisher Investments

The City of Boston is also bailing on Fisher. Part of their pension fund is there.
by friar1610
Tue Oct 22, 2019 7:33 pm
Forum: Personal Investments
Topic: Big changes coming...how to efficiently shoot for "early retirement"?
Replies: 18
Views: 2907

Re: Big changes coming...how to efficiently shoot for "early retirement"?

No specific investment advice to offer. But I am retired Navy and I retired (for good) somewhat early (58). As with you, our family income took a nice jump after I retired from the military and took a job that paid quite well. This, added to my Navy pension and my wife's (modestly paying but enjoyab...
by friar1610
Tue Oct 22, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: should my son negotiate paralegal offer?
Replies: 28
Views: 2290

Re: should my son negotiate paralegal offer?

I will chime in here as I have first hand experience with this. I was also a liberal arts grad from a top school, and I received an offer right out of school in the legal team of a top financial services company in midtown Manhattan. They paid $70k. This was 10 years ago. If your son is not despera...
by friar1610
Sun Oct 20, 2019 3:27 pm
Forum: Personal Investments
Topic: On the fence with I bond- do you agree with this article?
Replies: 29
Views: 2430

Re: On the fence with I bond- do you agree with this article?

I had an I-bond purchased at Treasury Direct to see what all the fuss was about. I sold it last year. What a compete waste of time and effort. I don't think anyone needs such complications in their lives. For those that have I-bonds I don't think they have redeemed many of them for the full round-t...
by friar1610
Sun Oct 20, 2019 7:41 am
Forum: Personal Finance (Not Investing)
Topic: When to buy Fed. Long Term Care Ins. (FLTCIP)?
Replies: 13
Views: 980

Re: When to buy Fed. Long Term Care Ins. (FLTCIP)?

I'm a 74 year old military retiree. IIRC, this insurance was first offered to military retirees roughly around the time I retired from my post-military job at age 58. I enrolled with a $30K deductible, 5 years coverage for my wife, 3 for me (because statistically men die sooner). Forget the daily am...
by friar1610
Mon Oct 14, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4792
Views: 1247283

Re: What Movie Have You Recently Watched?

Downtown Abbey. Enjoyable but: - plot lines were entirely predictable - the Maggie Smith character had too many snarky lines. On the TV show they seemed less frequent, more well-placed and therefore extremely effective. In the movie I thought the screenwriter (Julian Fellowes) used too many, probabl...
by friar1610
Sat Oct 12, 2019 8:10 pm
Forum: Investing - Theory, News & General
Topic: Retiring on Wellesley
Replies: 75
Views: 18302

Re: Retiring on Wellesley

Here's a Wellesley idea I've been mulling over... I need to add $X in equities to my port to bring it to about 50-50 where I want to leave it ad-infinitum. (This represents a 5% increase). I had been planning to increase our taxable Total Stock Market/Total International while leaving our modest IRA...
by friar1610
Fri Oct 11, 2019 5:28 pm
Forum: Personal Consumer Issues
Topic: duckduckgo
Replies: 31
Views: 4104

Re: duckduckgo

So I took a look at what google is saving from my searches, and my hair stood on end. The mapping info is particularly unsettling. I might as well be wearing a tracking device. Could you either share how you did this or point to a link that explains how? I'd be interested in doing the same. Thank y...
by friar1610
Fri Oct 11, 2019 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard keeps pushing their financial advisors...why?
Replies: 93
Views: 7604

Re: Vanguard keeps pushing their financial advisors...why?

Another example is thar TIAA is still non-profit, and it is still a good company but it is not the same anymore once it hired wall street types as CEOs. Are you sure about that? My understanding is that TIAA lost its non-profit status in the late 1990's. As for Vanguard, the cynic in me says that s...
by friar1610
Fri Oct 11, 2019 5:09 pm
Forum: Personal Consumer Issues
Topic: Seiko Watch
Replies: 37
Views: 3678

Re: Seiko Watch

I bought my wife a solar Seiko at Penny's a few years ago. She loves it and it never needs a new battery like her old standard Seiko. So I vote for the solar version but that price seems low. Check you are getting a real Seiko version and not some knock off. Good Luck. I bought my wife a solar Seik...
by friar1610
Fri Oct 11, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard keeps pushing their financial advisors...why?
Replies: 93
Views: 7604

Re: Vanguard keeps pushing their financial advisors...why?

Another example is thar TIAA is still non-profit, and it is still a good company but it is not the same anymore once it hired wall street types as CEOs. Are you sure about that? My understanding is that TIAA lost its non-profit status in the late 1990's. As for Vanguard, the cynic in me says that s...
by friar1610
Thu Oct 10, 2019 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Need help !!! US or Canadian universities?
Replies: 56
Views: 3468

Re: Need help !!! US or Canadian universities?

I have no first-hand experience with Canadian colleges and universities. But here's a few things I've noticed over the years: - a good friend's daughter graduated from McGill. According to my friend, she received an excellent education with more of an international focus than one would find at the m...
by friar1610
Thu Oct 10, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: using HELOC to buy second home
Replies: 8
Views: 1009

Re: using HELOC to buy second home

I've done that. I owned home A outright. I took out the biggest interest-only HELOC I could get and combined that money with other funds to buy house B for cash. When house A sold (months later), the HELOC was paid off at settlement. I used an interest-only HELOC to keep the monthly payments as low...
by friar1610
Tue Oct 08, 2019 9:17 pm
Forum: US Chapters
Topic: Jack Bogle Professional Photos
Replies: 5
Views: 1107

Re: Jack Bogle Professional Photos

I love the anecdote about the PB&J sandwiches!
by friar1610
Tue Oct 08, 2019 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance [looking for information]
Replies: 52
Views: 3253

Re: Long term care insurance [looking for information]

I bought into the Federal employee long term care insurance program at age 50; I'm 59 now. Although the premiums aren't subsidized, they still seem to be very reasonably priced. Rates are a function of age when you enroll and benefits you select. The program is open not only to federal employees bu...
by friar1610
Mon Oct 07, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: using HELOC to buy second home
Replies: 8
Views: 1009

Re: using HELOC to buy second home

I've done that. I owned home A outright. I took out the biggest interest-only HELOC I could get and combined that money with other funds to buy house B for cash. When house A sold (months later), the HELOC was paid off at settlement. I used an interest-only HELOC to keep the monthly payments as low ...
by friar1610
Sun Oct 06, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Simple approach to retirement finances?
Replies: 15
Views: 1974

Re: Simple approach to retirement finances?

One more thing: if you are taking RMDs and all your IRA money is at Vanguard, do this in early January every year - Go to the VG web site and arrange to have your RMD distributed to you automatically. VG will calculate your RMD. You need to tell them when you want to receive it (e.g., monthly on th...
by friar1610
Sat Oct 05, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Simple approach to retirement finances?
Replies: 15
Views: 1974

Re: Simple approach to retirement finances?

One more thing: if you are taking RMDs and all your IRA money is at Vanguard, do this in early January every year - Go to the VG web site and arrange to have your RMD distributed to you automatically. VG will calculate your RMD. You need to tell them when you want to receive it (e.g., monthly on the...
by friar1610
Thu Oct 03, 2019 9:02 pm
Forum: Investing - Theory, News & General
Topic: Investment Fees - a game of whac-a-mole?
Replies: 10
Views: 1014

Re: Investment Fees - a game of whac-a-mole?

Well, we used to have Nash Ramblers, Packards, Studebakers, Hudson Hornets, etc. Over time, they all went away because they could no longer compete and we were left with the "Big 3". Even though they survived, we no longer have De Sotos, Plymouths, Pontiacs, Oldsmobiles. They could no longer help th...
by friar1610
Tue Oct 01, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: Know when to hold them and when to fold them......
Replies: 148
Views: 13853

Re: Know when to hold them and when to fold them......

I've never been comfortable with the 40% international school of thought. So I've been a 20-25%-er for quite a while. Between guaranteed income streams and a (modest and conservative) diversified portfolio I feel reasonably confident that my spouse &I will make it to the finish line without resortin...
by friar1610
Sun Sep 29, 2019 8:59 am
Forum: Investing - Theory, News & General
Topic: Ken Fisher wants you to know that he cares...
Replies: 49
Views: 4498

Re: Ken Fisher wants you to know that he cares...

I think it's interesting how VG's current home page ad tries to capitalize on its index/low-cost tradition and then lead you to the conclusion that the natural progression in the order of investing is to "advice".
by friar1610
Thu Sep 26, 2019 3:16 pm
Forum: Personal Investments
Topic: I- and EE-bonds and estates, again
Replies: 3
Views: 525

Re: I- and EE-bonds and estates, again

I thought I would consolidate some of the info from some recent threads and add my own experiences. Since I was calling TD about another matter, I confirmed the statements below with the TD representative on the phone. I conducted multiple types of transactions with I- and EE-bonds including conver...
by friar1610
Wed Sep 25, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Success stories of NOT buying more/too much house
Replies: 109
Views: 18447

Re: Success stories of NOT buying more/too much house

Our first house was a 1650 or so sq ft house in a DC suburb (Montgomery Cty but certainly not Chevy Chase or Potomac) that we bought in 1976 upon returning from an overseas tour with the Navy. Kids were 4 & 6. Lived there 3 years, transferred out of the DC area for 5 years but rented the house out. ...
by friar1610
Sat Sep 21, 2019 6:23 pm
Forum: Personal Investments
Topic: Reporting Annuity Insurance Agent
Replies: 8
Views: 970

Re: Reporting Annuity Insurance Agent

bradinsky wrote:
Sat Sep 21, 2019 4:18 pm
I would contact your state insurance board. I’m sure they would take a dim view of conduct like that.
^ this. Insurance companies are regulated at the state level.
by friar1610
Thu Sep 19, 2019 4:49 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Subaru Outback?
Replies: 84
Views: 8122

Re: Alternatives to Subaru Outback?

One of the the closest vehicles in size and layout (being another wagon - a bit shorter in height and longer in length than a typical SUV), is the Volvo XC70. Somebody else also mentioned the Buick Regal TourX, which should likewise be similar. The downside they are also a fair amount more expensiv...
by friar1610
Thu Sep 19, 2019 12:35 pm
Forum: Personal Consumer Issues
Topic: How to handle "split-the-bill" group lunches?
Replies: 159
Views: 8202

Re: How to handle "split-the-bill" group lunches?

I gave up alcohol a number of years ago and one of the side effects was that I developed more of a sweet tooth than I'd previously had. Although it doesn't bother me to "suck it up" on splitting the bill, I occasionally have dessert and coffee when others don't and figure that evens things up a bit.
by friar1610
Mon Sep 16, 2019 5:26 pm
Forum: Personal Investments
Topic: Should I change i-bonds -> stocks?
Replies: 20
Views: 2167

Re: Should I change i-bonds -> stocks?

In terms of redemption speed, I recently redeemed a few and the cash was available in my CU checking account in 2 business days.
by friar1610
Mon Sep 16, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: Seasoned retirees...
Replies: 52
Views: 4712

Re: Seasoned retirees...

Get a Dog. :happy We're retiring in less than 2 years. I'll throw a contrary opinion out there. Don't get a pet of any type - YET. I have a relative that has a dog, and that limits their ability to travel on a short-notice basis, requires them to provide access to their home to the dog sitter (they...
by friar1610
Sat Sep 14, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Managing joint finances when one is a perfectionist
Replies: 122
Views: 8214

Re: Managing joint finances when one is a perfectionist

Going on 30 years married. We do division of labor: (1) Wife pays the bills since I can't be trusted to get it done on time. Since women generally outlive men, I should be all set. (2) I do the investing - which given that I am BH ain't much. We do a quarterly review of finances and spending patter...
by friar1610
Sat Sep 14, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 121
Views: 6141

Re: Vanguard is Falling Behind Compared to Fidelity

Our taxable investment account and IRAs are at Vanguard. The 529s for our grandkids are at Fidelity. I find VG's web site easier to use than Fido's. I suspect that's because I'm more familiar with VG's (because I use it more) and less familiar with Fido's (because I use it less). On the rare occasio...
by friar1610
Thu Sep 12, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Military folks: choosing state for residence
Replies: 9
Views: 1188

Re: Military folks: choosing state for residence

I always understood that "home of record" was not changeable. It's the place from which you entered the service and to which they would pay your transportation home when you left active duty. My further understanding that it was not to be confused with domicile or state of residence. Am I misinform...
by friar1610
Wed Sep 11, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Military folks: choosing state for residence
Replies: 9
Views: 1188

Re: Military folks: choosing state for residence

Just as a matter of being specific, what matters to you is not your residency, but your "domicile". Domicile generally is where you live, but the military aspect screws that idea up a bit because they muddy the waters with the "home of record" concept. High tax states will consider you to be domici...
by friar1610
Wed Sep 11, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Winter (snow) tires for Volvo XC-70
Replies: 26
Views: 1662

Re: Winter (snow) tires for Volvo XC-70

Guess that takes care of the move to Tennessee matter. Don't know anything about the Sox, but the Pats are not in favor here in the Nashville area. :wink: You would have to shift to a different shade of blue jersey. :beer My understanding is that the Pats are not in favor very many places outside o...
by friar1610
Wed Sep 11, 2019 4:03 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9882

Re: Too Late To Get Back Into Stocks?

Last month, after one too many tweets that costing me at closing time, I decided to bail out of stocks just above DOW 26,000, at least until this trade war gets settled. Now that the Dow is above 27,000 and very close to the 52-week high I'm not too keen on testing my luck and the market's ability ...
by friar1610
Wed Sep 11, 2019 3:49 pm
Forum: Personal Consumer Issues
Topic: Winter (snow) tires for Volvo XC-70
Replies: 26
Views: 1662

Re: Winter (snow) tires for Volvo XC-70

Thanks again to all. I went with the Michelin X-ice 3's. A repair shop/tire store where I have my other (non-Volvo) car serviced (and which has always treated me well) had a good price on them and Michelin has a $100 rebate in effect. I'll wait until November to have them mounted but needed to purch...