Search found 218 matches

by FCM
Mon Mar 09, 2020 2:02 pm
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 295
Views: 25692

Re: Who here is buying stocks today and how much?

My son will be nibbling at the close today as well by buying more of his Vanguard target return fund. He's only 30 so he will be investing for the long term, i.e., 35 years. In 35 years, this downturn will be just a blip in what we hope will be a steady upward trend over the long haul. I might even ...
by FCM
Sat Jan 04, 2020 10:27 am
Forum: Personal Consumer Issues
Topic: Please vote for a car option
Replies: 57
Views: 4575

Re: Please vote for a car option

I bought a new 2018 Sonata during April 2018. So far, I haven't had any trouble with it, but I only have 4K miles on it so far (I'm retired and don't drive much). The 5 year bumper-to-bumper warranty was a real selling point back then vs. the 3 year warranty on other cars. I looked at a 2018 Camry w...
by FCM
Sat Jan 04, 2020 8:43 am
Forum: Investing - Theory, News & General
Topic: Asset location among tax advantaged accounts
Replies: 19
Views: 1206

Re: Asset location among tax advantaged accounts

If you want to rebalance, i.e., sell equities at a certain point, it would be advantageous to be able to do that in a tax-deferred account as opposed to incurring a capital gains tax. Hence, it would make sense to have at least some of your equity exposure in tax-deferred space.
by FCM
Sat Dec 28, 2019 8:41 am
Forum: Personal Consumer Issues
Topic: Best holiday gift you gave this year
Replies: 40
Views: 3298

Re: Best holiday gift you gave this year

Roth IRA contribution for my working son.
by FCM
Tue Jun 18, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: Recommendation for light beer.
Replies: 41
Views: 3311

Re: Recommendation for light beer.

+1 for Yuengling Light.
by FCM
Fri Jun 07, 2019 8:29 am
Forum: Personal Consumer Issues
Topic: .
Replies: 10
Views: 1393

Re: Prius vs. Ioniq (Toyota vs. Hyundai)

Something to consider is that Hyundai cars come with a five year warranty as opposed to Toyota's three year warranty.
by FCM
Mon May 20, 2019 10:13 am
Forum: Personal Consumer Issues
Topic: Chiminea, fire pit or nothing?
Replies: 26
Views: 2154

Re: Chiminea, fire pit or nothing?

I also enjoy sitting out on our deck next to our fire pit during fall and winter evenings drinking Scotch before dinner. We have a portable fire pit (rectangular in shape) that I place on a thick piece of galvanized metal to protect the wood deck underneath the fire pit. When not using the fire pit,...
by FCM
Sat May 04, 2019 6:59 am
Forum: Personal Consumer Issues
Topic: Can anyone give me a ball park estimate on this roof repair?
Replies: 20
Views: 2592

Re: Can anyone give me a ball park estimate on this roof repair (pictures included)?

I live in Northern Virginia and needed a small roof repair to stop an interior leak. I got three estimates for the work. The first one was for $2200; the second one was for $5000, and the third one was for $950. All were for the same type of repair. I knew the repair wouldn't take more than 2 - 3 ho...
by FCM
Wed Jan 23, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: What is a Boglehead funeral/burial?
Replies: 153
Views: 9543

Re: What is a Boglehead funeral/burial?

Inexpensive cremation, modest memorial service, and ashes scattered in the Chesapeake Bay where I formerly sailed my boat.
by FCM
Sat Jan 19, 2019 7:07 pm
Forum: Personal Consumer Issues
Topic: Wild Planet Sardines quality problem [Review of sardine brands]
Replies: 36
Views: 5600

Re: Wild Planet Sardines quality problem [Review of sardine brands]

Yeah, my dad used to eat them as well, and that's where I learned to like them 60 years ago!
by FCM
Fri Jan 18, 2019 11:12 am
Forum: Personal Consumer Issues
Topic: Wild Planet Sardines quality problem [Review of sardine brands]
Replies: 36
Views: 5600

Re: Wild Planet Sardines quality problem [Review of sardine brands]

+1 for King Oscar sardines packed in olive oil.
by FCM
Sun Jan 13, 2019 9:34 am
Forum: Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 56
Views: 7248

Re: Does anyone have entire 401K in bonds?

All of my 401k money is invested in a stable value fund sponsored by my former "mega-corp" employer. I'm 72 and retired. The stable value fund is currently yielding 2.4% and is a large part of my fixed income allocation. It has been a good fixed income alternative during the recent period of rising ...
by FCM
Thu Jan 03, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Does this car repair quote seem reasonable???
Replies: 19
Views: 1491

Re: Does this car repair quote seem reasonable???

My wife's 2014 Subaru Outback had what appeared to be a leaking moon roof since we were finding water on the right rear passenger seat floor carpet. After reading some info on the Web about possible causes of such a problem, we took it to an AAA auto repair facility and asked them to blow out the 4 ...
by FCM
Thu Dec 13, 2018 3:08 pm
Forum: Personal Investments
Topic: Total Stock Market Fund that pays ~3% Dividend
Replies: 12
Views: 2695

Re: Total Stock Market Fund that pays ~3% Dividend

You could look at an ETF with the symbol DVY. I've held it for about 10 years now, and the dividend yield is a little over 3%.
by FCM
Sat Oct 27, 2018 6:39 am
Forum: Investing - Theory, News & General
Topic: Market irrationality
Replies: 35
Views: 4393

Re: Market irrationality

Someone mentioned a while back that volatility is the price we pay (and should expect to pay) for the above average long term returns experienced from investing in equities. I keep that in mind whenever we encounter rapid downside volatility.
by FCM
Fri Aug 17, 2018 9:47 am
Forum: Personal Investments
Topic: Stable Value Funds vs Bond Fund
Replies: 18
Views: 2313

Re: Stable Value Funds vs Bond Fund

I have 50% of my fixed income assets in my former employer's (I'm retired) stable value fund, 25% in Vanguard's intermediate term tax free bond fund, and 25% in Vanguard's short term investment grade bond fund. The stable value fund is in my 401k and yields 2.4%. I feel the 2.4% yield is acceptable,...
by FCM
Wed Jul 11, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: Rodents ate my car, and my insurance is ripping me off!
Replies: 37
Views: 3299

Re: Rodents ate my car, and my insurance is ripping me off!

My Allstate policy shows $0 deductible for the comprehensive coverage. However, I might be paying a slightly higher premium for $0 deductible.
by FCM
Tue Jul 10, 2018 8:12 pm
Forum: Personal Investments
Topic: Stable Value Fund
Replies: 12
Views: 1467

Re: Stable Value Fund

When I retired from "megacorp" five years ago, I had quite a bit of money in their 401k stable value fund. Even as a retiree, I was able to keep the money in the 401k stable value fund, which is currently yielding about 2.4%, as opposed to rolling it over into an IRA. Can you remain in the 401k at W...
by FCM
Tue Jul 10, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: Rodents ate my car, and my insurance is ripping me off!
Replies: 37
Views: 3299

Re: Rodents ate my car, and my insurance is ripping me off!

I have Allstate Insurance. When my car was damaged by a tree limb that fell on it, the damage was covered by the comprehensive coverage I carried on the car. There was no deductible; Allstate covered 100%.
by FCM
Tue Jul 03, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: How Not to be a Slave to my Wood Deck?
Replies: 37
Views: 3553

Re: How Not to be a Slave to my Wood Deck?

We have a large pressure-treated pine deck, which was installed 17 years ago. We don't stain it but roll on Thompson's Water Seal every other year. I scrub the deck first with TSP and then let it dry. Then I roll on the Thompson's. It doesn't hide any of the imperfections in the wood, but it protect...
by FCM
Sat Jun 23, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: Outdoor Wooden Steps Repair?
Replies: 19
Views: 1485

Re: Outdoor Wooden Steps Repair?

I've had the best success for filling gouges in pressure-treated wood by using epoxy glue thickened with sawdust, Mix it to a peanut butter consistency and then apply it into the gouge using a putty knife. However, the dried epoxy will not take a stain, but it will not flake off. I repaired some spo...
by FCM
Mon Jun 18, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: What are your hobbies?
Replies: 59
Views: 6599

Re: What are your hobbies?

Model railroading (HO scale)
Personal investing
Reading
Maintaining/improving house (small projects)
Helping my wife in the garden
Fishing (a few times per year)
Drinking Scotch on a cool fall evening next to my outdoor fire pit
by FCM
Tue May 29, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever overpaid your federal income tax bill?
Replies: 17
Views: 1777

Re: Have you ever overpaid your federal income tax bill?

One year I forgot to include the January quarterly estimated tax payment as a tax payment made for the previous tax calendar year, thus actually understating in my 1040 taxes paid for that tax year and "overpaying" my taxes. The IRS caught the error and mailed me a refund based upon the taxes that I...
by FCM
Sat May 12, 2018 7:09 am
Forum: Personal Consumer Issues
Topic: Picking up New Subaru-Worth buying extended warranty?
Replies: 59
Views: 25621

Re: Picking up New Subaru-Worth buying extended warranty?

My wife and I bought a new Subaru 2014 Outback four years ago. We have 14K miles on it now and haven't had a single problem with it. We didn't buy an extended warranty, knowing that we wouldn't be driving it that much since we are both retired and just use our cars primarily for local errands, etc.
by FCM
Sat May 12, 2018 7:01 am
Forum: Personal Consumer Issues
Topic: Used car, $20K-$25K
Replies: 43
Views: 4888

Re: Used car, $20K-$25K

I also just bought a 2018 Hyundai Sonata Limited model with all the safety features. The car's appearance, safety features, ergonomics, and the 5 year/60K miles warranty sold me. I've only driven it less than 100 miles so far (I'm retired), but so far I'm pleased, especially given that the price I p...
by FCM
Fri May 04, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 133
Views: 16381

Re: Bucket List Adventures/Activities

My best friend and I had always been fascinated with the Lewis and Clark expedition and wanted to trace the route before we "kicked the bucket." Thus, we took a 3 week bus tour that followed the Lewis and Clark trail from St. Louis, MO, to Astoria, OR, three years ago. It certainly was a better way ...
by FCM
Fri May 04, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 7281

Re: How old is too old for a vehicle, even for a well running one ?

I had been planning to keep my 2003 Toyota Camry (101K miles on it) for at least another 5 years until it was unexpectedly totaled in a serious accident a few weeks ago in which there were fortunately no injuries. I'm retired and typically only drive about 2K miles/yr, mostly around town with a few ...
by FCM
Wed May 02, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: 401k Stable Value Fund Rates?
Replies: 35
Views: 4282

Re: 401k Stable Value Fund Rates?

My "megacorp" stable value fund rate is currently 2.4% and has been at that rate for the last few years.
by FCM
Mon Apr 30, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 16437

Re: How did you tell the boss you're leaving/retiring?

I retired as a senior marketing manager from "megacorp" after 31 years of service and just after my 66th birthday. I told my boss in August of that year that I was going to retire sometime within the next few months, and he asked me to pick a date. I chose October 31st, which effectively gave him (a...
by FCM
Sat Apr 21, 2018 6:16 am
Forum: Personal Consumer Issues
Topic: Negotiating for a new Toyota.[my fault comparing apples and oranges]
Replies: 36
Views: 6197

Re: Negotiating for a new Toyota.[my fault comparing apples and oranges]

I just went through the process of buying a new car this week. I looked at the Toyota Camry, the Honda Accord, and the Hyundai Sonata. I looked very seriously at the Camry but ended up buying the Sonata for a number of reasons. If you are interested in knowing why I bought the Sonata over the Camry,...
by FCM
Mon Feb 26, 2018 11:05 am
Forum: Personal Investments
Topic: 66 yr old Woman Needs HELP!
Replies: 68
Views: 4887

Re: 66 yr old Woman Needs HELP!

One other possible source of income for the poster would be a reverse mortgage, especially since she owns her home outright with no mortgage.
by FCM
Mon Jan 01, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1931
Views: 208653

Re: Netflix, Your Current Favorite Show

Longmier!
by FCM
Thu Dec 28, 2017 9:46 am
Forum: Personal Investments
Topic: Stable Value Fund Question
Replies: 21
Views: 2626

Re: Stable Value Fund Question

My stable value IRA fund sponsored through "megacorp" is yielding 2.5% at present. I have about 1/3 of my non-equity assets in this fund with the rest in Vanguard bond funds and money market accounts.
by FCM
Sun Dec 24, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: Subaru Forester - Harsh ride
Replies: 33
Views: 9371

Re: Subaru Forester - Harsh ride

We have a 2014 Outback, and I think the ride is harsh compared to my Camry. However, the Outback is primarily for my wife to drive, and she loves it. I stick to my Camry and don't drive the Outback.
by FCM
Sun Dec 17, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 107
Views: 7851

Re: Financial Assistance to Adult Child (health insurance)

FWIW, my son went off our group insurance plan at age 26 during the spring of 2016. He was planning to go back to college for post-graduate study in accounting after working for a year (no employer benefits) and needed health insurance for about 4 months before he could be covered by the university ...
by FCM
Sat Dec 09, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 21654

Re: Save all this money, what do you splurge on?

A fully paid-for college education for my son.
by FCM
Mon Nov 06, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 10575

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

ssst. "Apple, table, penny." How many people know what I am talking about? How about remembering "apple, book, table" and "can you spell 'world' backwards?" These are the questions that my doctor asks me during my annual physical to check for mental decline. I'm 71 now and still manage the family i...
by FCM
Fri Oct 20, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 11435

Re: How many miles/years do you keep your car?

We have 2 cars - a 2003 Toyota Camry with 100K miles on it and a 2014 Subaru Outback with 10K miles on it. Both were bought new. Since we are retired and live in a major metro area, we don't put a lot of miles on our cars, usually about 2K miles per year per car. My wife is the primary Outback drive...
by FCM
Fri Oct 13, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Outback Vs Forester Vs CR-V ??
Replies: 58
Views: 9220

Re: Outback Vs Forester Vs CR-V ??

We have a 2014 4 cylinder engine Outback that now has about 10,000 miles on it. It doesn't burn any oil.
by FCM
Sat Sep 23, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 12300

Re: Age you retired

I retired from "megacorp" at age 66, which was 5 years ago. The day I retired was one of the happiest days of my life. Social security, a modest pension, a more than adequate investment portfolio, and a paid-off mortgage have made this quite worry-free for both me and my wife.
by FCM
Thu Sep 21, 2017 10:06 am
Forum: Personal Investments
Topic: Stable value fund
Replies: 27
Views: 2689

Re: Stable value fund

After I retired 5 years ago from "Megacorp," I kept my 401k with them in order to take advantage of the stable value fund. I have about 50% of my fixed income assets in the stable value fund, which is yielding about 2.5% at present. I like the fact that I can get that yield without any interest rate...
by FCM
Tue Sep 05, 2017 7:31 am
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback
Replies: 65
Views: 15195

Re: 2018 Subaru Outback

My wife and I bought a new 2014 Outback several years ago and have about 10,000 miles on it. My wife is the primary driver and loves it. However, whenever I ride in the car, I feel all the bumps in the road due to its rigid suspension. Other than that, It's been a fine car with plenty of cargo space...
by FCM
Sat Aug 19, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Debt collector called, should we call them back?
Replies: 15
Views: 2717

Re: Debt collector called, should we call them back?

A number of years ago I received a call from a debt collector regarding an unpaid cell phone bill. They were very persistent, saying that I owed about $400 to a cell phone company as a result of my starting a new cell phone contract. However, none of us in the family had started a new cell phone con...
by FCM
Fri Aug 11, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 22088

Re: What Percentage CASH are you?

I'm currently holding about 8% in money market funds, 2-year treasury notes, and checking accounts.
by FCM
Fri Aug 11, 2017 9:39 am
Forum: Personal Investments
Topic: Stable Value Funds vs Bond Funds
Replies: 33
Views: 6215

Re: Stable Value Funds vs Bond Funds

I retired about 5 years ago from "megacorp." My stock-to-fixed income asset allocation is about 40/60. Half of my fixed income asset allocation is in my former company's 401k stable value fund, which currently yields about 2.5%. The balance of my fixed income asset allocation is a mix of Vanguard bo...
by FCM
Mon Jul 24, 2017 10:42 am
Forum: Personal Consumer Issues
Topic: Best value used sailboat 22-27 feet
Replies: 10
Views: 2959

Re: Best value used sailboat 22-27 feet

I owned and sailed on the Chesapeake Bay a Cal 25II (the 2nd generation Cal 25 with the trunk cabin) for about 20 years. It was a wonderful boat, and I never had any serious problems with it. It was built in 1979, and I bought it used in 1983. I would, however, suggest that if you are going to keep ...
by FCM
Fri Jul 21, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: COBRA For 1 Month (?)
Replies: 11
Views: 2817

Re: COBRA For 1 Month (?)

My son had a 3 month gap in coverage between the time he could no longer be covered by my health insurance (He turned 26) and the time he could be covered by a student group plan at his university. We were able to get him a high-deductible ($10K) plan for the 3 months during which he had no group co...
by FCM
Mon Jul 17, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Your house can bypass probate in Virginia--true?
Replies: 20
Views: 2024

Re: Your house can bypass probate in Virginia--true?

Thanks, Lastrum, for the clarification! We probably won't sell our house before at least one of us dies, but I wanted to feel that we hadn't done anything detrimental by titling our house in the name of our revocable living trust. Both my wife and I are the grantors.
by FCM
Mon Jul 17, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Your house can bypass probate in Virginia--true?
Replies: 20
Views: 2024

Re: Your house can bypass probate in Virginia--true?

I have a related question that I would like to pose: My wife and I have our house titled in the name of our living trust. We are both around 70 years old. If we wanted to sell the house while we were both still alive, would we only get one $250K capital gain exemption as opposed to two $250K capital...
by FCM
Sat Jul 08, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Last 80 minutes of my career
Replies: 64
Views: 12930

Re: Last 80 minutes of my career

One of the happiest moments in my life was when I was walking to my car after turning in my laptop on my last day at "megacorp." It was hard to believe that from now on, every day would be like Saturday. I felt so free after 40 years of working! That was almost five years ago, and I don't miss work ...