Search found 203 matches

by FCM
Fri Aug 17, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds vs Bond Fund
Replies: 13
Views: 986

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: 2993

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: Investing - Help with Personal Investments
Topic: Stable Value Fund
Replies: 12
Views: 1028

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: 2993

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: 3055

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: 1263

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: 5716

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: 1618

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: 33
Views: 2470

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: 4129

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: 110
Views: 9213

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: 5648

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: 2848

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: 10480

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: 4078

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: Investing - Help with Personal Investments
Topic: 66 yr old Woman Needs HELP!
Replies: 68
Views: 4224

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: 825
Views: 89619

Re: Netflix, Your Current Favorite Show

Longmier!
by FCM
Thu Dec 28, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Stable Value Fund Question
Replies: 20
Views: 2123

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: 7338

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: 7431

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: 19666

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: 9580

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: 9761

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: 7795

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: 10857

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: Investing - Help with Personal Investments
Topic: Stable value fund
Replies: 27
Views: 2513

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: 12974

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: 2511

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: 18362

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: Investing - Help with Personal Investments
Topic: Stable Value Funds vs Bond Funds
Replies: 33
Views: 4646

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: 1818

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: 1648

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: 1759

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: 1759

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: 12132

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 ...
by FCM
Sun Jun 18, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: 100k Service - 2010 Camry & Corolla - All Maintenance Deferred
Replies: 17
Views: 2942

Re: 100k Service - 2010 Camry & Corolla - All Maintenance Deferred

I own a 2003 Camry with the V6 engine, and it has a timing belt, which I had replaced at 95k miles. If your 2010 Camry has the V6 engine, it might have a timing belt as opposed to a chain, which is what the 4 cylinder has. Check your owner's manual.
by FCM
Wed Jun 14, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: Deck replacement- Composite material recommendations
Replies: 22
Views: 3771

Re: Deck replacement- Composite material recommendations

Last year we installed a Lowe's variant of Trex composite on our front steps. The only complaint we have is that the boards are cupped slightly upwards like a trough, thus holding rain water until it evaporates. I'm not sure if the boards were that way when installed or became cupped later on even t...
by FCM
Thu Jun 01, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"
Replies: 35
Views: 7129

Re: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"

I'm 70 and my wife is 68. I retired at 66 from "megacorp" with a modest pension that with my wife's and my social security is enough to cover our monthly expenses; mortgage is paid off. We do have a fairly substantial investment portfolio that is about 40/60 equities-to-bonds, which we consider to b...
by FCM
Wed May 31, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Pennsylvania Vehicle Registration Renewal - 2 year option
Replies: 42
Views: 5552

Re: Pennsylvania Vehicle Registration Renewal - 2 year option

I live in the state (actually the "Commonwealth") of Virginia. We use the 2 year option and consequently only need to go through the vehicle emissions test every two years instead of annually. That alone makes it worthwhile.
by FCM
Thu Apr 13, 2017 7:58 am
Forum: Personal Consumer Issues
Topic: Car waxing/sealant for a newb (not for high level detailing)
Replies: 10
Views: 1890

Re: Car waxing/sealant for a newb (not for high level detailing)

My 2003 Toyota Camry is parked outside on my driveway in Northern Virginia and not in a garage. I use Collinite paste wax, which seems to last longer, i.e., water still beading after 6 months, than the other paste waxes I have used in the past. However, I had to purchase the Collinite via mail order...
by FCM
Fri Feb 24, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Talking with parents' financial advisor
Replies: 52
Views: 5895

Re: Talking with parents' financial advisor

One thing you need to check is whether or not ML is charging a management fee on the stock-only portfolio, which you mentioned contained about 70 individual stocks. One of my close relatives had a "wealth management" account at a large bank that contained 99 individual stocks worth about $250K. They...
by FCM
Thu Feb 23, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: How to Rebalance with Rate Hikes Looming
Replies: 49
Views: 10553

Re: How to Rebalance with Rate Hikes Looming

I'm in a similar situation as "Stormbringer" and have decided to invest cash in 2 year U.S. Treasury notes using a "laddering" approach. I'm investing cash every 6 months into 2 year Treasury notes. I just bought some at auction a few days ago through Vanguard Brokerage with a yield of 1.125%. I wil...
by FCM
Mon Feb 13, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Trust Services
Replies: 8
Views: 1328

Re: Vanguard Trust Services

My wife and I had no problem establishing Vanguard trust services as our successor trustee back in 2008. We did it via telephone calls and "snail-mail." However, we haven't had to deal with them recently (fortunately!) since dealing with them now would mean that one or both of us would have died or ...
by FCM
Mon Feb 13, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: transfer from vanguard
Replies: 8
Views: 1116

Re: transfer from vanguard

If you have check writing privileges on your Vanguard money market account, you could write a check on that account, assuming you have the $250K in that money market account. However, I believe the check drawn on a Vanguard money market account is a "draft" as opposed to a check, which might or migh...
by FCM
Sat Feb 11, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: How Much Cash Do You Actually Hold?
Replies: 113
Views: 15968

Re: How Much Cash Do You Actually Hold?

I'm retired, and my wife and I can meet our monthly expenses primarily with our social security and modest pension income streams; we have no mortgage. Even though our monthly expenses are covered, we still keep about 12% of our investment assets in cash (checking accounts, money market funds, CD's,...
by FCM
Fri Feb 03, 2017 10:02 am
Forum: Personal Consumer Issues
Topic: Lexus PreCollision Safety System (auto braking)
Replies: 35
Views: 3713

Re: Lexus PreCollision Safety System (auto braking)

For what it's worth, my wife and I bought a new Subaru Outback in 2014 with EyeSight, the forward collision-braking option. We keep that option activated all the time and have never had a situation where it caused unnecessary braking. At the time (2014), I believe that Subaru's EyeSight technology w...
by FCM
Tue Jan 10, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 23282

Re: How Bad was 2008, really?

During the 2008 - 2009 decline, I was 62, employed by a large Fortune 500 company, with an investment allocation of 50/50 stock-to-fixed income. The thing that I remember most during all the wild market gyrations during late 2008/early 2009 was that if I sold, I would at some point need to get back ...
by FCM
Sat Jan 07, 2017 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 127
Views: 13670

Re: Anybody else Age - 10 in bonds, rest in stocks

My age: 70. Wife's age: 68. I'm retired and our equity allocation is 40%. Fixed income (stable value fund, bond funds, CD, and money market fund) comprise the rest. This is our "sleep well at night" allocation. My modest pension and our social security income pay the monthly expenses. We don't have ...
by FCM
Tue Jan 03, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Ugh! Scratched my brand new stainless steel stove
Replies: 19
Views: 3139

Re: Ugh! Scratched my brand new stainless steel stove

Why don't you try a mildly abrasive rubbing compound that's formulated for restoring shine on auto paint? You could get it at an auto supply store for $5 or thereabouts. Just apply it to a small section first to see how it works.
by FCM
Sun Jan 01, 2017 2:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Holidays 2016 and Thank you!
Replies: 20
Views: 1593

Re: Happy Holidays 2016 and Thank you!

Thanks for reminding me to make my donation to Bogleheads.org this year!