Search found 1217 matches

by friar1610
Mon Aug 13, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in Florida or Alabama?
Replies: 22
Views: 1574

Re: Retire in Florida or Alabama?

adamshousecat wrote:
Mon Aug 13, 2018 7:27 pm
The beaches from Gulf Shores Al through the Florida panhandle are absolutely gorgeous
+1

Was stationed in Pensacola with the Navy a long time ago. The "Florabama" coast has the whitest sand and warmest water.
by friar1610
Mon Aug 13, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Cleaning gas grill
Replies: 28
Views: 2117

Re: Cleaning gas grill

Have not read all posts in this thread so this might have been mentioned....

Every time I grill I take the grates that I used and soak them in hot water in the deep sink in the basement for 5 minutes. Then I clean all the gunk off with a Brillo pad. Rinse. Dry.
by friar1610
Sat Aug 11, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Old dog needs to learn to manage his investments
Replies: 60
Views: 4885

Re: Old dog needs to learn to manage his investments

That makes good sense. It just takes an attitude adjustment to have it all in a single fund I guess. Interestingly I took the risk aversion test here and my answers suggested we should be 70% stock and 30% bonds! We are currently 60/40 but my age would make it 40/60. I was thinking of perhaps movin...
by friar1610
Sat Aug 11, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 335
Views: 63005

Re: Retreat to cash

Woulda, coulda, shoulda... Or is it wooda, cooda, shooda...?
by friar1610
Fri Aug 10, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: What's a good way to calculate when I have won the game??
Replies: 12
Views: 3330

Re: What's a good way to calculate when I have won the game??

There are a couple ways to do this that are often mentioned. For both methods one starts by determining their shortfall. Here is one method. Discounting SS, you roughly project your shortfall to be $35K. How much would one need in investments to be able to withdraw $35k/year at a 4% rate. $35k/.04 ...
by friar1610
Thu Aug 09, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Device to listen to while exercising?
Replies: 23
Views: 1582

Re: Device to listen to while exercising?

delamer wrote:
Thu Aug 09, 2018 9:44 pm
My husband uses an iPod Shuffle.

They have been discontinued by Apple, but can still be found on Amazon.
That's what I use. Podcasts, not music. Sometimes books. Also frequently use it at night to listen to a meditation as I drift off to sleep.
by friar1610
Thu Aug 09, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Bond Holding
Replies: 11
Views: 1108

Re: Bond Holding

My wife's financial advisor wants her to get out of Vanguard's Total Market Bond Fund arguing that, despite VG's designation, it is not an "intermediate" term fund and exposes her to too much interest rate risk. This fund is now our key fixed holding. Thought? Don't be too critical of your advisor ...
by friar1610
Thu Aug 09, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing--what's the attraction?
Replies: 12
Views: 1254

Re: Dividend Growth Investing--what's the attraction?

+1 Nice post Jo. "High Quality" = "Less" risk and a margin for error. I look at dividends much in the same way. However I am ~3 years from RE. (Retire Early) I have no particular opinion on the substance of the dividends issue. But I can't help but notice that you have the perfect screen name for s...
by friar1610
Sun Aug 05, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Stress testing my portfolio
Replies: 28
Views: 1944

Re: Stress testing my portfolio

I'll admit that I haven't tracked every number in your posts. But if I understand correctly, you are allowing for a 50% reduction in stocks and have reduced the stock portion of your Wellington holdings accordingly while holding the bond portion steady. Although I haven't studied Wellington (or Wel...
by friar1610
Sun Aug 05, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 6814

Re: "Skin in the game"

My objective was to pay for my two daughters' undergraduate educations (tuition, room, board, books) with them picking up the tab, through PT and summer work, for fun, clothes, travel, etc. I wanted it such that nobody would have any debt but that if there were debt, it would be theirs, not mine. Th...
by friar1610
Sun Aug 05, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Stress testing my portfolio
Replies: 28
Views: 1944

Re: Stress testing my portfolio

I'll admit that I haven't tracked every number in your posts. But if I understand correctly, you are allowing for a 50% reduction in stocks and have reduced the stock portion of your Wellington holdings accordingly while holding the bond portion steady. Although I haven't studied Wellington (or Well...
by friar1610
Sat Aug 04, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Nespresso?
Replies: 43
Views: 2693

Re: Nespresso?

When our Nespresso finally gave up, I decided to look for something that didn't give me all the waste and hopefully would be cheaper in the long run. I am happy to say we purchased a Gaggia Velasca, which is a super automatic machine. You pour beans into a hopper at top, add water, and it will grin...
by friar1610
Fri Aug 03, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 110
Views: 4364

Re: Which diet soda pop do you enjoy?

Rarely drink diet sodas but Diet Coke is the preferred choice. I would rather become dehydrated than drink Diet Pepsi!

I drink a lot of plain seltzer. Sometimes I add either lemonade or cranberry juice, maybe 1/3 to 1/2 of a glass. Sorta the moral equivalent of a diet soda.
by friar1610
Fri Aug 03, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 105
Views: 6171

Re: Minivan Vs SUV Experience

My daughter has an Odyssey that is very practical for hauling my 3 granddaughters, their friends, their stuff and the golden retriever. When my 2 daughters were at that age the Plymouth Voyager and Dodge (forget the model, maybe Caravan?) mini vans were the popular items. We went with station wagons...
by friar1610
Fri Aug 03, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 254
Views: 23114

Re: most compelling TV character ever

While I agree with many of these, especially Omar (The Wire) and Jane Tennyson (Prime Suspect), I can't believe nobody has mentioned Rev Jim "Iggy" Ignatowski from Taxi, played by Christopher Lloyd.
by friar1610
Fri Aug 03, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Nespresso?
Replies: 43
Views: 2693

Re: Nespresso?

When our Nespresso finally gave up, I decided to look for something that didn't give me all the waste and hopefully would be cheaper in the long run. I am happy to say we purchased a Gaggia Velasca, which is a super automatic machine. You pour beans into a hopper at top, add water, and it will grin...
by friar1610
Thu Aug 02, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable giving strategy
Replies: 43
Views: 2193

Re: Charitable giving strategy

I find giving to smaller organizations has a larger impact due to the minimal overhead they typically have. This year, changed my giving strategy due to higher standard deduction limits - decided to "bunch" deductions going forward and itemize in 2019 vs 2018. That is really going to change Charity...
by friar1610
Thu Aug 02, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?
Replies: 15
Views: 1664

Re: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?

I've often seen Taylor Larimore opine that anygood intermediate term, broad based bond fund would work just fine. Which one, according to his thinking, probably doesn't matter much.
by friar1610
Wed Aug 01, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11140

Re: Treasury Bonds are the Only Bonds You Need

Rudedog wrote:
Wed Aug 01, 2018 3:17 pm
I think you can buy treasury bonds thru Vanguard, how do others buy and hold Treasury bonds ?
Treasury Direct is one way. A lot of posters here complain about the web site being hard to use but I personally don't find it to be.
by friar1610
Tue Jul 31, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: retiring from military to federal job
Replies: 15
Views: 1541

Re: retiring from military to federal job

My experience is dated... In my last active duty Navy assignment I had several civilian employees working for me at a DoD agency who were retired military E-9s. As I recall, they had to put in a minimum of 10 years and reach age 55 before they could retire as civs. But when they did, it was entirely...
by friar1610
Mon Jul 30, 2018 7:37 pm
Forum: Personal Consumer Issues
Topic: Travel to Poland, Estonia, Lithuania: is it worth it?
Replies: 37
Views: 3506

Re: Travel to Poland, Estonia, Lithuania: is it worth it?

Short stops in Tallin and Gdansk on a Baltic cruise. Both very nice. If you go to Tallin, try to find "The Soviet Experience" tour. Well done role playing/tour gives a good idea of what things were like during the Soviet era. Agree with those who recommend not missing St. Petersburg - beautiful city...
by friar1610
Sun Jul 29, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Peloton spin bike worth the high cost?
Replies: 90
Views: 10127

Re: Peloton spin bike worth the high cost?

my 2 cents. to me exercise is not a social thing, nor is it competitive. i dont need the trainer encouragement, nor the competitive aspect of spinning in a group. i've worn out 3 schwinn airdynes over the years. i have a set rate and time/distance i exercise and i keep to it. i watch tv or a movie ...
by friar1610
Sat Jul 28, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9246

Re: Tips for staying active / injury-free into older age

Question for those above 50s and jogged when you were young: In retrospect, would you recommend jogging it? If you did, how has it affected your back, knees and joints? I'm 73. I ran/jogged until about 7 years ago having started doing so regularly and seriously in my mid-20s. (I went out for my run...
by friar1610
Sat Jul 28, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6251

Re: Retirees: how much cash?

73/71 with cash flow replenished monthly by pension/SS. Goal is about 4% cash (MM funds, CU savings acct), currently 2.8%. Of note, we have CDs and I-Bonds that we categorize for AA purposes as bonds but which could easily be tapped for a cash emergency.
by friar1610
Fri Jul 27, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Traveling to Cuba - currency exchange
Replies: 27
Views: 1562

Re: Traveling to Cuba - currency exchange

My wife and I are going on an organized tour to Cuba in early 2019 so this thread has been particularly interesting. Fortunately, we will have a chance to get Euros prior to then. But here are a few questions: 1. Does Cuba accept 1 and 2 Euro coins/Loonies or only paper notes? 2. I assume you get ch...
by friar1610
Thu Jul 26, 2018 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC buying new home before selling current home
Replies: 11
Views: 1017

Re: HELOC buying new home before selling current home

If you don’t think you can get approved for a mortgage, do you think you’d get approved for a HELOC? My house is fully paid for. I did this last time I moved. Got a HELOC for the maximum amount on house A (which I owned outright). After the loan was approved I listed it for sale. I bought house B f...
by friar1610
Thu Jul 26, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Struggles with 1st QCD and RMD
Replies: 5
Views: 503

Re: Struggles with 1st QCD and RMD

You can also have Fido mail the QCD check to you, which you then forward to the charity with an appropriate message. This is what I do (although I use Vanguard.) That also lets me make a copy of the the check for my files just in case there's any confusion down the line. I file it with a copy of th...
by friar1610
Wed Jul 25, 2018 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Your age in bonds?
Replies: 57
Views: 6402

Re: Your age in bonds?

Speaking for myself, I do not count SS or pension income as a bond component of my portfolio. Rather, they are simply income streams, like a paycheck from one’s employment. Social Security and pension income do not rise and fall with the market, and I cannot rebalance into or out of either of them,...
by friar1610
Tue Jul 24, 2018 9:39 pm
Forum: Investing - Theory, News & General
Topic: BND vs VBTLX vs VBMFX?
Replies: 5
Views: 696

Re: BND vs VBTLX vs VBMFX?

Yes. One reason is that you have anxiety attacks when making trades in BND, but not in VBTLX. Another reason is that you like to have your monthly dividends reinvested on the last trading day of the month and not at the end of the first week of the month. If you don't know which you like, then buy ...
by friar1610
Sun Jul 22, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: My meeting with the Vanguard PAS [Personal Advisor Services]
Replies: 23
Views: 3301

Re: My meeting with the Vanguard PAS [Personal Advisor Services]

IMO, planning to make your money last to 100 is not unreasonable unless your family history dictates otherwise. We buried my Dad on his 99th birthday, so 100 makes sense for me and my siblings and for lots of other folks, too. Better to have some left when you die than none left when you're still a...
by friar1610
Thu Jul 19, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Vacation Ideas like Alaskan Cruises
Replies: 11
Views: 960

Re: Vacation Ideas like Alaskan Cruises

We recently went on a 10 day Alaskan cruise. We had a very nice time. Does anyone who has been on an Alaskan cruise have any other vacation recommendations? Don't know how large a ship you went on. We did an Alaska cruise on a smaller ship (60 or so passengers) and liked it much more than large-shi...
by friar1610
Wed Jul 18, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 142
Views: 16882

Re: Salary vs. Lifestyle

I think a few things you need to think about up front are these: would you be taking the higher paying job with the primary objective of socking away more so you can retire earlier? Or would you be taking it to improve your lifestyle materially (bigger house, nicer cars, etc.)? Or some combination o...
by friar1610
Tue Jul 17, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 58
Views: 4620

Re: FireCalc: How big a grain of salt?

I haven’t run firecalc in years. The results do t change much from year to year do they? I guess if your portfolio has done better than average over the last year or two your results might improve. In my case, my investments aren’t the same as the firecalc market reference so seems of little use to...
by friar1610
Tue Jul 17, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: Is Tax-Managed Small Cap (VTMSX) an underrated fund?
Replies: 57
Views: 7000

Re: Is Tax-Managed Small Cap (VTMSX) an underrated fund?

I used to own VTMSX and did very well with it. I eventually decided to go the 3 fund route (well, 4 as have both Total Bond Index and Short-Term Index), so I no longer own it. Great fund as I recall.
by friar1610
Mon Jul 16, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: Alaska Trip/Cruise Summer of 2020. Help me plan
Replies: 23
Views: 1673

Re: Alaska Trip/Cruise Summer of 2020. Help me plan

We did an eight day small ship (68 passengers) cruise that primarily looked for wildlife via skiffs, kayaks, and shore hikes. A fine crew and the opportunity to get to know and talk to 66 other interesting people who enjoyed the wildlife and mild exercise. You should look at it as an option. We wen...
by friar1610
Sat Jul 14, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: are you able to find what you are looking for in the wiki?
Replies: 10
Views: 329

Re: are you able to find what you are looking for in the wiki?

I find it challenging; I'm actually relieved to hear that some others do too.
by friar1610
Sat Jul 14, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14040

Re: Early retirement

50-55 is considered early now? Military enlisted can retire with pension at 37, officers with pension at 40. I would consider early retirement 35-40 tops, since there are a lot of entrepreneurs, real estate investors, and online business owners that do it at 25-26. I mean, they do it but of course ...
by friar1610
Thu Jul 12, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Consider an Annuity for AA When Rebalancing?
Replies: 4
Views: 283

Re: Consider an Annuity for AA When Rebalancing?

I agree with the above posters. Not the same situation, but I have a Vanguard VA which I have not yet annuitized. I intend that my wife, as the beneficiary, will take it over and annuitize it if I'm the first to go (to replace the portion of my pension which will go to the grave with me.) The VA is ...
by friar1610
Wed Jul 11, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: Which advanced tech is necessary in cars?
Replies: 86
Views: 4604

Re: Which advanced tech is necessary in cars?

The most useless of all the "safety features" is the blind spot warning. It is literally a fix for a problem of people not knowing how to set their mirrors correctly. So instead of teaching g people how to use the 2 ton weapon they are driving we add warning lights. It takes 10 seconds to set your ...
by friar1610
Mon Jul 09, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2233

Re: PenFed or Navy Federal?

I'm a member of both. We (my wife and I) have used NFCU for our primary "bank" for over 40 years. With a Navy career we decided after a few moves that it was just easier to stick with them rather than get a new bank every time we transferred. And when I retired we just stuck with them. We have savin...
by friar1610
Mon Jul 09, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Any kayakers here?
Replies: 60
Views: 3473

Re: Any kayakers here?

Took lessons from L.L. Bean about 18 years ago and liked it. Rented kayaks on occasion until we moved to Vermont where we bought our own and paddled a lot on Lake Champlain. Have since moved to Mass. near the coast. We're a bit timid about ocean kayaking (and our kayaks don't have rudders) so we sti...
by friar1610
Mon Jul 02, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8131

Re: What % of your equity is int’l?

Currently 24%. Won't let it go below 20% nor above 30%.
by friar1610
Tue Jun 26, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: When you cut spending, what do you cut?
Replies: 84
Views: 8558

Re: Retirees: When you cut spending, what do you cut?

Pretty much what others have mentioned: Tier 1: - no big vacations/cruises - reduce/eliminate eating out Tier 2: - eliminate gym membership and work out at home - be smarter about combining trips for less fuel usage - consider elimating cable - eliminate going to plays, movies, etc. Tier 3 (very rad...
by friar1610
Tue Jun 26, 2018 5:32 am
Forum: Investing - Help with Personal Investments
Topic: using CDs and bonds to generate tax losses
Replies: 7
Views: 822

Re: using CDs and bonds to generate tax losses

Just a question (because I really don't know the answer)... Can a loss on CDs due to EWP be claimed as a capital loss? If so, do you determine LT or ST by how long you've owned the CD? Actually Line 30 on the Form 1040 is dedicated to this one purpose--claiming a penalty on early withdrawal. It's o...
by friar1610
Mon Jun 25, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: using CDs and bonds to generate tax losses
Replies: 7
Views: 822

Re: using CDs and bonds to generate tax losses

Just a question (because I really don't know the answer)... Can a loss on CDs due to EWP be claimed as a capital loss? If so, do you determine LT or ST by how long you've owned the CD?
by friar1610
Thu Jun 21, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 33640

Re: What is/ was your career and would you recommend it now?

Military (Navy) officer for 28+ years. I generally enjoyed it very much, had mostly interesting assignments and great people to work with. My retired Navy email network seems to think it's not nearly as great now for a variety of reasons. I don't know if this is true or if it's just the inevitable g...
by friar1610
Wed Jun 20, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: Senior discounts to look out for
Replies: 12
Views: 1633

Re: Senior discounts to look out for

Our local library waives fines on overdue books for seniors. I'm not sure if they think we read more slowly now or are more likely to forget to return them.
by friar1610
Wed Jun 20, 2018 11:05 am
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 8584

Re: gray hair

In my early 70's and hair very white. My wife is really sick of hearing me tell people that I dye it that color so I will look my age. :?
by friar1610
Tue Jun 19, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 8584

Re: gray hair

I took a course called "The Strategy of Career Transition" when I'd been in the Navy for about 20 years. It was to make military folks smart about what they needed to do to successfully find a private sector job. One point the instructor made was that we were all at the age when we were sprouting gr...
by friar1610
Tue Jun 19, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Value of a Military Retirement
Replies: 30
Views: 3567

Re: Value of a Military Retirement

I'm not familiar with Tricare Prime (which seems to be an HMO version of Tricare) but my father, a veteran, has Tricare for life and it's a pretty incredible and unbeatable guaranteed health care plan. Basically anything Medicare doesn't cover, Tricare does on a pre-authorized basis. If you have th...