Search found 150 matches

by GmanJeff
Tue Oct 16, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 95
Views: 6769

Re: Should we move to San Diego from east coast?

In addition to the issues already mentioned with homelessness and crime, it might be useful to consider issues associated with wildfires and earthquakes. Some neighborhoods and homes are likely to be more susceptible than others, and while such events are infrequent, their impact can be considerable...
by GmanJeff
Sun Oct 14, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Non-profit investing
Replies: 5
Views: 305

Re: Non-profit investing

You might want to check with the National FOP to see if they can suggest other Lodges which have prior experience with this, perhaps even in your state. Those might be able to offer lessons learned and suggestions for a successful implementation.
by GmanJeff
Wed Oct 10, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 48
Views: 3260

Re: Best headphones under 500 bucks

I have and enjoy a pair of Audeze EL-8 closed-back headphones. They retail for a little over $300, but unless you're exceptionally discerning or demanding, spending more may not give you an improvement proportional to the extra expense.
by GmanJeff
Wed Oct 10, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: The Psychological Dimension Of The Transition To Retirement
Replies: 25
Views: 2803

Re: The Psychological Dimension Of The Transition To Retirement

Many thanks to all who responded to this thread. I found your observations, thoughts, and individual approaches to retirement very helpful, and was also reassured that my concerns are common and frequently turn out to be unfounded. This community is not only often well-informed, but also gratifyingl...
by GmanJeff
Sat Oct 06, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: The Psychological Dimension Of The Transition To Retirement
Replies: 25
Views: 2803

The Psychological Dimension Of The Transition To Retirement

For those of you who are retired, how did you become comfortable with moving from a lifetime of accumulating assets to a de-accumulation mindset? I will retire in another week, a few months before my 62nd birthday, and I am finding the prospect of the transition to be somewhat daunting. Projections ...
by GmanJeff
Mon Oct 01, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Need help on car decision: Honda CRV vs luxury car used
Replies: 68
Views: 6513

Re: Need help on car decision: Honda CRV vs luxury car used

You're speaking of compact SUVs. Are you sure they will have the cargo-carrying capacity you want? Two bikes, inside, and also enough interior room to carry your kids' college stuff back and forth? You may want to move up a class in size to something like the Toyota Highlander, Honda Pilot, or CPO B...
by GmanJeff
Fri Sep 28, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: VG PAS Recommendations - Surprised/Disappointed?
Replies: 27
Views: 2869

Re: VG PAS Recommendations - Surprised/Disappointed?

No hostility, just bemused that if the OP (and others, apparently) don't understand the rationale behind a recommendation your default is to assume it is supported not by a proprietary model designed to maximize returns and minimize volatility, but instead by an unethical commercial motive to lure u...
by GmanJeff
Thu Sep 27, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: VG PAS Recommendations - Surprised/Disappointed?
Replies: 27
Views: 2869

Re: VG PAS Recommendations - Surprised/Disappointed?

" I have to admit I see no logic here" It appears that if you can't yourself identify the rationale behind a recommendation, you assume it's illogical. There's no reason whatever for such an assumption. Having three different bond funds, with different characteristics, clearly has nothing to do with...
by GmanJeff
Tue Sep 25, 2018 7:35 am
Forum: Personal Consumer Issues
Topic: Car predicament
Replies: 14
Views: 2417

Re: Car predicament

Sell the car for scrap and pay off the loan, unless paying for repairs would yield a better financial outcome in terms of either being able to sell the car for more money than the cost of the repairs and/or the ability to continue using the car and deferring the cost of a replacement. Frankly, bankr...
by GmanJeff
Wed Sep 19, 2018 7:16 am
Forum: Personal Consumer Issues
Topic: When did you decide to move from your home to senior living?
Replies: 15
Views: 3065

Re: When did you decide to move from your home to senior living?

My father In law used his LTC benefits while in Assisted Living in a CCRC. As long as the criteria for benefits payments are met, typically relating to needing assistance with the so-called "activities of daily living", the venue where that assistance is being provided is irrelevant to the insurance...
by GmanJeff
Tue Sep 18, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: When did you decide to move from your home to senior living?
Replies: 15
Views: 3065

Re: When did you decide to move from your home to senior living?

As with the earlier posts, I can't comment from being in that situation myself but I can cite the lessons I learned from my parents' experience. They are in their late 80s, and waited far too long to move, resulting in substantial challenges in adapting to their new environment. They were older than...
by GmanJeff
Tue Sep 18, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor - .30%
Replies: 23
Views: 3210

Re: Vanguard Personal Advisor - .30%

PAS ensures you regularly review and, when appropriate, adjust your portfolio as needed to account for changes in your personal circumstances, shifts away from your optimal asset allocation, or other circumstances. You can do that yourself, but will you do so in a disciplined and consistent manner i...
by GmanJeff
Fri Sep 14, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 1856

Re: Planning to Contact Vanguard

VG's offerings depend on your asset level. if you are a Voyager Select, Flagship or Flagship Select customer you have access to advice from a Certified Financial Planner who can answer specific questions you may have. There is no fee for that. If you want a financial plan and ongoing portfolio manag...
by GmanJeff
Fri Sep 14, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Can only take (1) DSLR lens..which one?
Replies: 27
Views: 745

Re: Can only take (1) DSLR lens..which one?

It depends what you plan to shoot. If you're going for "artsy" shots, take the 50mm since you'll likely be able to take your time composing your shots and can change your distance from your subject by moving rather than by relying on the zoom feature of the variable focal length lens. If you want to...
by GmanJeff
Thu Sep 13, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: Remodel for aging in place
Replies: 44
Views: 3145

Re: Remodel for aging in place

It may be worth considering that some features which may be thought of as appropriate only for the frail elderly are also useful in the event an able-bodied individual becomes temporarily disabled, such as after an accident or knee or hip replacement surgery. The availability of an elevator, for exa...
by GmanJeff
Tue Sep 11, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 99
Views: 10170

Re: Side Hustle Options/Suggestions.

Since the issue is a desire for more income, perhaps consider studying for a degree or certificate which might enable you to eventually find higher paying primary employment, whether in your current field or doing something else. You appear to be willing to work outside the home, and one way to have...
by GmanJeff
Mon Sep 10, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: New Job (1st Management Role)
Replies: 30
Views: 2994

Re: New Job (1st Management Role)

You are not insane if your decision is consistent with your priorities, ambitions, and values. One way to think about this might be to ask yourself where you'd like to be professionally in 1 year, in 5 years, and in 10 years, and whether this opportunity will improve your chances of achieving those ...
by GmanJeff
Mon Sep 10, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Singing/Voice Classes
Replies: 20
Views: 1372

Re: Singing/Voice Classes

If your interest is relatively casual, you might try using an instructional CD containing vocal exercises suitable for your vocal range. That can help you learn to stay on pitch and can be relatively convenient and inexpensive.
by GmanJeff
Tue Aug 28, 2018 7:10 am
Forum: Investing - Help with Personal Investments
Topic: Robo Ranking - Summer Edition
Replies: 1
Views: 295

Robo Ranking - Summer Edition

This report may be of interest to those considering a robo advisor:

https://storage.googleapis.com/gcs-wp.t ... anking.pdf
by GmanJeff
Sun Aug 26, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Home Security Box for Papers
Replies: 23
Views: 1999

Re: Home Security Box for Papers

Keep in mind that some documents must be originals for some purposes, typically when original signatures and seals are needed. Examples might include powers of attorney; copies of such documents will often not be accepted and originals must be presented instead. In such cases, electronic copies, whe...
by GmanJeff
Sat Aug 25, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: Home Security Box for Papers
Replies: 23
Views: 1999

Re: Home Security Box for Papers

You might consider a fire-resistant document chest with a UL fire rating. Available from Costco, amazon, home improvement chain stores and elsewhere, such containers typically carry UL ratings for either 1/2 hour or 1 hour of fire resistance. Those suitable for electronic media are more protective; ...
by GmanJeff
Fri Aug 24, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Start With PAS and Graduate to DIY
Replies: 16
Views: 869

Re: Start With PAS and Graduate to DIY

It sounds like a very good idea. Experience is a great teacher. You will find that PAS does almost nothing with your portfolio - and that is what you should learn to do when you take over. Two years might be better than one. Dale Thanks Dale. When you say they will do nothing with the account , you...
by GmanJeff
Thu Aug 23, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Go With Vanguard PAS After This Recommendation?
Replies: 28
Views: 2280

Re: Should I go with Vanguard PAS After This Recommendation?

You could always ask for the rationale behind the recommendation. If you don't understand it, you're probably not prepared to manage your assets optimally yourself. Despite the claims often made here, 2 and 3-fund portfolios, while admittedly very simple, are by definition only that - simple. They a...
by GmanJeff
Tue Aug 21, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: VG PAS Recommendations - Surprised/Disappointed?
Replies: 27
Views: 2869

Re: VG PAS Recommendations - Surprised/Disappointed?

You can speculate that the asset allocation model is intended to be needlessly complicated in order to convince unsophisticated potential customers that they could not possibly replicate it and achieve its benefits on their own. Or, you could recognize that PAS is a hybrid robo and that the PAS prop...
by GmanJeff
Mon Aug 20, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: The Fall of Consumer Reports
Replies: 89
Views: 15025

Re: Consumer Reports ?

[/quote] I have been reading my parents' CR since I was about 13. I bought my own subscription after DW and I got married, over 50 years ago. And kept it till about 2 years ago. I finally left, for the following reasons: - magazine now has many more "consumerism" articles than product reviews. - Mos...
by GmanJeff
Wed Aug 15, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: Best consumer products - made in USA
Replies: 62
Views: 3503

Re: Best consumer products - made in USA

C. F. Martin & Co. guitars, made in Nazareth, PA.
by GmanJeff
Thu Aug 09, 2018 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor
Replies: 11
Views: 868

Re: Vanguard Advisor

While you may be skeptical with regard to the prospect of either of you living to or beyond age 100, longevity risk is as real as other types of risk and should not be discounted unless you have a very good reason to anticipate a much earlier demise. You are being conservative with regard to your as...
by GmanJeff
Wed Aug 08, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Insurance refusing to pay for car accident
Replies: 26
Views: 2509

Re: Insurance refusing to pay for car accident

Frankly, $3500 isn't worth litigating over, except perhaps in small claims court without counsel, if that venue is available to you and you don't value your time too much.
by GmanJeff
Wed Aug 08, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Insurance refusing to pay for car accident
Replies: 26
Views: 2509

Re: Insurance refusing to pay for car accident

One option is to do nothing and absorb the damages yourself as the cost of not having comprehensive insurance coverage, a risk you knowingly assumed in return for lower insurance premiums. Without knowing the amount of your damages, it's difficult to offer advice in this regard. That said, you allud...
by GmanJeff
Wed Aug 08, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: Grind and Brew Coffee Makers - worth it?
Replies: 39
Views: 3374

Re: Grind and Brew Coffee Makers - worth it?

[/quote] Which superauto needs such little maintenance??? I have a Saeco, and am about to give up on it. It needs a major cleaning (remove brew group, etc) every time I empty the dregs box. The amount of unused grounds that spill out past the brew group is disappointing, but I have finally started t...
by GmanJeff
Tue Aug 07, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: Grind and Brew Coffee Makers - worth it?
Replies: 39
Views: 3374

Re: Grind and Brew Coffee Makers - worth it?

For the higher end super automatic machines what is the cleaning process like, especially for the used grinds? I assume you still need to empty and clean between uses? The Krups machine tells you when to empty the grounds container and drip trays, although I typically do it before being prompted. L...
by GmanJeff
Tue Aug 07, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Grind and Brew Coffee Makers - worth it?
Replies: 39
Views: 3374

Re: Grind and Brew Coffee Makers - worth it?

I tend to dislike machines that create unnecessary material waste, i.e., Keurig and Nespresso. I am interested in an automatic espresso type machine, like the Jura J8, I guess. A question for those users: do those machines make a cup of regular joe, in addition to the lattes, capuccinos, etc.? Yes,...
by GmanJeff
Sat Aug 04, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: "Safe" recommendations to store important documents?
Replies: 10
Views: 1142

Re: "Safe" recommendations to store important documents?

The challenge with residential safes is that most are built to a price point, sacrificing protection. You'll see that few widely available safes have UL burglary ratings beyond the most basic level, Residential Security Container (RSL). A RSL actually provides a minimal level of anti-theft protectio...
by GmanJeff
Fri Aug 03, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Gated communities pros and cons? (Atlanta or anywhere.)
Replies: 67
Views: 4481

Re: Gated communities pros and cons? (Atlanta or anywhere.)

As one might expect, the answer to each of the OP's questions is "it depends". The range of response here make it clear that gated communities come in different flavors, so it's not possible to assert definitively that the OP will or will not find value in one. Some consist of an unmanned gate, some...
by GmanJeff
Thu Aug 02, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Career Change, Give Up and focus on Retirement, or Make the Leap???
Replies: 13
Views: 1482

Re: Career Change, Give Up and focus on Retirement, or Make the Leap???

Advantageous career transitions often require relocation and your options obviously would be greatly expanded if your spouse were able to be more flexible in that regard. While she may be happy where she is (and, apparently, with your working hours), you are not, and that is something which probably...
by GmanJeff
Thu Aug 02, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Unexpected early retirement - requesting advice
Replies: 56
Views: 6927

Re: Unexpected early retirement - requesting advice

In my view, your highest priority is to better understand your options for retaining FEHB post-separation. If available to you, the FEHB will greatly mitigate your financial risk associated with future medical expenses. Generally, you must be entitled to an immediate annuity under a retirement syste...
by GmanJeff
Tue Jul 31, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Old age investing--Seeking advice
Replies: 23
Views: 3033

Re: Old age investing--Seeking advice

[/quote] GmanJeff, Thanks for taking time to consider my situation. I have experience in farming, and the rented acres require little time and attention from me. If I were to convert the C.D.s to an index bond or balanced fund, do you have any suggestions? Thank you very much. [/quote] It's really a...
by GmanJeff
Sun Jul 29, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: Service that reviews CCRC financials? [Continuing Care Retirement Community]
Replies: 12
Views: 1210

Re: Service that reviews CCRC financials? [Continuing Care Retirement Community]

I'm not sure a forensic accounting analysis will tell you much, unless you're looking for evidence of fraud and even then the ability to detect that will be dependent on the documentation available for review. A couple of things to look for specifically might include the company's history and polici...
by GmanJeff
Sat Jul 28, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Old age investing--Seeking advice
Replies: 23
Views: 3033

Re: Old age investing--Seeking advice

I suggest you add a goal beyond merely increasing income and growing your portfolio: preparing for a time when you may have a lack of interest or capacity in managing your investments and finances. As people age, some find they slowly lose interest or their ability to deal with investments and finan...
by GmanJeff
Fri Jul 27, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: What is the advantage of Robo Portfolio?
Replies: 8
Views: 1053

Re: What is the advantage of Robo Portfolio?

Well, some of that type of research involves behavioral economics, and some involves investment selection and building portfolios. You may disagree with the value of the conclusions supported by research into modern portfolio theory and capital asset pricing used by some robos, but it arguably repre...
by GmanJeff
Fri Jul 27, 2018 7:23 am
Forum: Investing - Help with Personal Investments
Topic: What is the advantage of Robo Portfolio?
Replies: 8
Views: 1053

Re: What is the advantage of Robo Portfolio?

1. Robos use proprietary algorithms for asset allocation which may (or may not) result in better results than a given individual will achieve on their own. Some are informed by Nobel-prize winning research. 2. Costs are relatively low. 3. Provide enforced discipline and rebalancing without the indiv...
by GmanJeff
Thu Jul 26, 2018 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Need Help with PAS plan
Replies: 16
Views: 1058

Re: Need Help with PAS plan

It appears you require substantial assistance constructing, maintaining, understanding, and monitoring an appropriate portfolio and in withdrawing from it later in a tax-sensitive manner. Under these circumstances, you're likely to struggle to achieve the results you want if you proceed independentl...
by GmanJeff
Wed Jul 25, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2240

Re: How much car can I buy?

If you run the #s, I suspect that even if you choose to spend $100K on a car you won't see a material long-term impact on your portfolio or net worth. Some impact, yes, but a material impact, no. In the end, probably nothing out of line with what will have happened due to the day in and day out fluc...
by GmanJeff
Tue Jul 24, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Son Hurt at Summer Camp
Replies: 65
Views: 8147

Re: Son Hurt at Summer Camp

As is obvious from the replies thus far, details matter. If you want to be cautious before proceeding to engage with the camp's insurer, consult with reputable personal injury counsel in the jurisdiction where the incident occurred. An initial consultation will typically be at no cost, and can provi...
by GmanJeff
Tue Jul 24, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help with PAS plan
Replies: 16
Views: 1058

Re: Need Help with PAS plan

if you don't understand why the $300K isn't being allocated in a manner similar to the $200K, you should ask for clarification. You seem to imply, but do not seem to actually know, that the $200K is an appreciated investment which would incur capital gains taxes if exchanged for other funds. If so, ...
by GmanJeff
Sun Jul 22, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: My meeting with the Vanguard PAS [Personal Advisor Services]
Replies: 23
Views: 3488

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

This is simply one way of being conservative, inasmuch as lifespans are increasing and running out of money prematurely is arguably a bigger problem than having some amount left over. If you have a belief that your longevity will be less, and you want to act on that belief, you're free to adjust you...
by GmanJeff
Sat Jul 21, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor
Replies: 25
Views: 2661

Re: Vanguard Advisor

OP, as you can see, there are many here who consider PAS a good value, and others who are confident that they possess the focus, knowledge, skill, and discipline to achieve equivalent or superior results. It is not possible to know whether any particular respondent in either category is correct or i...
by GmanJeff
Thu Jul 19, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Vacation Ideas like Alaskan Cruises
Replies: 11
Views: 1036

Re: Vacation Ideas like Alaskan Cruises

I just completed a 2-week Norwegian fjord cruise on Regent Seven Seas, and have done two two Alaska cruises, one of which was also on Regent. Norway does offer beautiful and uncrowded scenery and ports and was in some ways reminiscent of Alaska in that regard. A number of cruise lines offer Norwegia...
by GmanJeff
Wed Jul 18, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7644

Re: How do you handle the urge to DO something?

Adopt the PAS approach, which is somewhat more activist than what you outline. Revisit your portfolio quarterly, rather than annually. Not to necessarily make any changes, but to engage in a deliberate evaluation of whether rebalancing is called for either because of a shift from your planned asset ...