Search found 1521 matches

by rgs92
Wed Jan 17, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Got Laid Off - Advice Needed
Replies: 32
Views: 3217

Re: Friend Got Laid Off - Advice Needed

I lost my software programming job in my mid 40s and never found another one. I could only get interviews in the industry I was in (big telcom) and not one interview ever materialized into a job. I had actual offers after some successful interviews, but they changed their minds after considering my ...
by rgs92
Wed Jan 17, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: Feeding the market
Replies: 13
Views: 778

Re: Feeding the market

There are always all sorts of different cross-currents, both short-term and long-term. Trying to see secular trends reliably is quite difficult.
by rgs92
Sun Jan 14, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3495

Re: Are land line phones still being supported?

FIOS has digital voice; lots of people have it as part of their TV/Broadband package.
by rgs92
Fri Jan 12, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 17
Views: 1268

Re: Best Movies of 2017

The Founder.
(The story of Ray Kroc and McDondald's.)
by rgs92
Thu Jan 11, 2018 11:59 pm
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 45
Views: 2439

Re: Keeping sensitive documents in the cloud -- bad idea?

What kind of sensitive documents are the issue? If someone gets a W2 or 1099 tax form, is there a real peril?
by rgs92
Wed Jan 10, 2018 2:11 am
Forum: Personal Finance (Not Investing)
Topic: Life at a crossroad: seeking advice
Replies: 54
Views: 6648

Re: Life at a crossroad: seeking advice

I just want to compliment Chicken Lady above on a beautifully written insightful comment, especially point 2 about stress. I think this is so true and something to keep in mind every day. And the actionable advice is to be very careful before you jump into something else too quickly. Good luck to yo...
by rgs92
Wed Jan 10, 2018 1:56 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 290
Views: 25779

Re: Anyone tired of the stock market going up?

Ironically, a huge run-up like this can test your ability to stay-the-course as much as a big downturn.
(At least that's my personal feeling.)
Does anyone else feel this way?
by rgs92
Tue Jan 09, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: Advice sought: can/should we pay for a bigger rental place?
Replies: 21
Views: 851

Re: Advice sought: can/should we pay for a bigger rental place?

$230K income? You can easily afford $5000+ / month in housing expenses unless you have unusual needs. $230K is at least $15,000 a month net after taxes (probably more). And with the new tax law ($24K standard deduction), renting is fine. The old need to deduct mortgage interest and property taxes is...
by rgs92
Tue Jan 09, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Pay down student loan or mortgage first
Replies: 18
Views: 1123

Re: Pay down student loan or mortgage first

Unfortunately, that sounds like an extremely tight budget ($75K a year for a family of 3). I would not pay down any debt at all and just concentrate on cash flow and liquidity and a cash cushion unless the interest rates were usurious. If anything, I would be looking to refi the mortgage upwards and...
by rgs92
Tue Jan 09, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: Is the glidepath (target) strategy just an illusion?
Replies: 33
Views: 2604

Re: Is the glidepath (target) strategy just an illusion?

Thanks siamond and livesoft. Food for thought. Thanks again.
by rgs92
Tue Jan 09, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest now ?
Replies: 13
Views: 1441

Re: Where to invest now ?

At the risk of being accused of market timing, just to answer the question directly, Utilities, REITs, and real estate funds (like IYR [Ishares Real Estate ETF] have not had a huge run-up, have nice yields for income, and are a contrarian bet. They may have intrinsically lower volatility than the br...
by rgs92
Tue Jan 09, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 148
Views: 14390

Re: Anyone disenchanted with retirement?

There are plusses and minuses, but the alarm clock was torture.
by rgs92
Tue Jan 09, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 288
Views: 24263

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Well, I think if one gives up on the idea of passing down a legacy for sure, that would leave you with a decent confidence of success. Asking a portfolio to both provide retirement income and leave a legacy puts too much of a burden on that portfolio. It's an unreasonable expectation. It's simply as...
by rgs92
Tue Jan 09, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 288
Views: 24263

Re: Year 2000 retirees using the '4% rule' - Where are they now?

What I would really be interested in, is a hypothetical 75% crash 1 year after retirement, bear market for 5 years, then a status quo 6.5% annual return after that. How would a 4% withdrawal rate work out then? (I wanted to use a number between 90% which has happened and 50% which has been common a...
by rgs92
Mon Jan 08, 2018 11:14 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 288
Views: 24263

Re: Year 2000 retirees using the '4% rule' - Where are they now?

But a quick experiment Firecalc does not show a failure scenario from this period. Remember that big chunk of bonds you start out with that did extremely well provided a nice cushion. Bonds were yielding about 6% back then.
by rgs92
Mon Jan 08, 2018 10:52 pm
Forum: Investing - Theory, News & General
Topic: Is the glidepath (target) strategy just an illusion?
Replies: 33
Views: 2604

Re: Is the glidepath (target) strategy just an illusion?

I don't like a glidepath because I depend on Firecalc which assumes a more constant asset allocation at all times. So 60/40 forever (or close to it) seems better to me from start to finish. If you use a glidepath/target fund, it seems to me like you are violating the Firecalc/Trinity Study assumptio...
by rgs92
Mon Jan 08, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 288
Views: 24263

Re: Year 2000 retirees using the '4% rule' - Where are they now?

The S&P went from 1500 to over 2700 in those 18 years. Along with dividends, isn't that a decent-enough return to support a retirement withdrawal program? And inflation has been very tame all this time.
by rgs92
Mon Jan 08, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Life at a crossroad: seeking advice
Replies: 54
Views: 6648

Re: Life at a crossroad: seeking advice

Why don't you just kind of Retire In Place at your current job? Most if not all corporate IT jobs put you in a position where your job is basically impossible and no matter what you do you fail much of the time. You just have to get used to it and ignore it and get numb to it. I did this in telcom f...
by rgs92
Mon Jan 08, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: Hot Water Delay at faucet/shower far from water heater
Replies: 92
Views: 5464

Re: Hot Water Delay at faucet/shower far from water heater

We had the same problem and the plumber installed one of those recirculation pumps but it didn't seem to work noticeably. So based on my experience, I would not recommend it. Just my 2 cents. I did however notice a moderate improvement with a 100 gallon water heater I put in to replace the old 50 ga...
by rgs92
Mon Jan 08, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 153
Views: 17273

Re: TurboTax Prices

TurboTax deluxe 2017 federal + state for ~$39 + tax at Newegg. (On CD only for some reason. Free shipping by Fedex.)
by rgs92
Fri Jan 05, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Sector in stocks under new tax law?
Replies: 0
Views: 101

Real Estate Sector in stocks under new tax law?

What is your opinion of how the new tax environment affects the outlook for the Real Estate stock sector? 1. For regular real estate sector stocks? 2. For REITS and other mortgage backed securities? I'm thinking that there are 2 sides for general real estate stocks, where (a) the new tax law is favo...
by rgs92
Fri Jan 05, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Morgage Interest Deduction
Replies: 17
Views: 2109

Re: 2018 Morgage Interest Deduction

As a related issue, with the new doubled standard deduction, the itemization may not be worth it. With a $12K/$24K single/married std deduction, an example of, say, $12K mortgage interest + $10K combined StateIncome+property taxes (in a "reasonable" property tax state) would not even be worth it. YM...
by rgs92
Wed Jan 03, 2018 1:43 pm
Forum: Investing - Theory, News & General
Topic: Do Vanguard and Fidelity have automatic rebalancing?
Replies: 14
Views: 1128

Re: Do Vanguard and Fidelity have automatic rebalancing?

It sounds to me like the original question is about non-401k/403B/457 plans, just a regular account (taxable or IRA).
As far as I know, this is not available unless you get a balanced fund.
by rgs92
Wed Jan 03, 2018 1:23 am
Forum: Personal Consumer Issues
Topic: Oil filled space heaters
Replies: 39
Views: 3987

Re: Oil filled space heaters

The Delonghis have worked fine for us for years, but I would never leave any portable or space heater on when away from home.
by rgs92
Mon Jan 01, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: How can I move back to NYC with such high taxes? (State/City tax, Unincorporated Business Tax)
Replies: 110
Views: 7894

Re: How can I move back to NYC with such high taxes? (State/City tax, Unincorporated Business Tax)

Queens is nice, too. It's a lot less expensive than Manhattan (although still a HCOL or even VHCOL in many parts). It's less hectic than Manhattan and easier to breathe in. An the city is just a subway ride away. (In the boroughs, Manhattan is called the city, or at least it used to be.) You may eve...
by rgs92
Mon Jan 01, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: Well pump froze; no water.
Replies: 11
Views: 1542

Re: Well pump froze; no water.

Thanks to everyone. The water came back on after about 8 hours, but it looks like a new tank is needed since the old one is about 20+ years old.
I will look into the pipe heating suggestions, hopefully they are safe to use.
by rgs92
Mon Jan 01, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: Well pump froze; no water.
Replies: 11
Views: 1542

Well pump froze; no water.

In this current deep freeze here in the northeast, my well pump froze up and stopped working. I suppose the water in the pipes near it froze.
Is there any cure for this or prevention for this in the future? Thank you.
by rgs92
Mon Jan 01, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: Appliance Install Issues
Replies: 40
Views: 2014

Re: Appliance Install Issues

I would just have an electrician look at it and ask for advice. It may be OK.
by rgs92
Sun Dec 31, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 6812

Re: Can I afford a $600-650k house?

I would buy the house because when you are young your job security is far better than when you are over 40.
I bought my first house at 23 when I had a net worth of about zero.
by rgs92
Sat Dec 30, 2017 9:41 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks That Went Bust
Replies: 90
Views: 5261

Re: Individual Stocks That Went Bust

DEC (Digital Equipment) was a hero of the 80s. The future of computing was supposed to be the minicomputer. And VAX/VMS was also supposed to be one of the ruling Operating Systems. Boston/Route 128 was going to be one of the IT capitals of the world.
by rgs92
Sat Dec 30, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement decision help!
Replies: 68
Views: 5873

Re: Retirement decision help!

It was mentioned earlier that PanAm cut pensions in 1991. Were these pensions over PBGC limits? I think in this case the pension benefit is over the limits, so this is a concern. As far as taking survivor's benefits, yes, it really comes down to whether both people have their own retirement incomes....
by rgs92
Sat Dec 30, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Operation Renter's Paradise?
Replies: 7
Views: 1025

Re: Operation Renter's Paradise?

Actually, I think renting now has a big advantage since you get the big new standard deduction without having to use mortgage interest or property tax write-offs. (And of course, those property tax write offs along with state taxes are capped at $10K, so the property tax deduction is worth a lot les...
by rgs92
Sat Dec 30, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Daughter's John Hancock 401k
Replies: 13
Views: 772

Re: Daughter's John Hancock 401k

Often when acting as a custodian, these well known firms will offer plain-jane cheap index funds as a general practice. They may be forced to by their contract and they do it to get the business. They make a profit when some portion of participants choose the higher priced funds.
by rgs92
Sat Dec 30, 2017 2:24 am
Forum: Investing - Theory, News & General
Topic: Will PE ratios decrease due to lower taxes?
Replies: 20
Views: 2245

Re: Will PE ratios decrease due to lower taxes?

I feel the answer is yes, but that doesn't mean the stock prices will go up, because this fact has already been baked into the current market and has allowed for the stretched P/E we are seeing now. In other words, everyone knows/assumes this already, so there is no profit to be made (at least in th...
by rgs92
Sat Dec 30, 2017 2:16 am
Forum: Investing - Help with Personal Investments
Topic: Retirement decision help!
Replies: 68
Views: 5873

Re: Retirement decision help!

OK, here's what I think since I'm sort of familiar with this situation. In most cases, the lump sum is a bad deal because the immediate annuity you could buy on the open market is a lot smaller, so the pension option is better. But in this case, the lump sum is quite high, and private annuities coul...
by rgs92
Fri Dec 29, 2017 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Bloomberg--Fidelity has half the top 10 best performers among the biggest domestic equity funds this year
Replies: 7
Views: 1260

Re: Bloomberg--Fidelity has half the top 10 best performers among the biggest domestic equity funds this year

But these seem to be mostly sector funds. If you eliminate those, there is not much left.
It doesn't seem fair to choose sector as examples of good stock picking.
by rgs92
Fri Dec 29, 2017 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: cash tranfer between brokerage accounts
Replies: 6
Views: 304

Re: cash tranfer between brokerage accounts

It's so fast these days, each transfer happens the same day usually. So 2 days if you do it in the morning. I guess it could actually happen the next day. If absolute speed is needed for some reason, I think the money may need to be via wire transfer. Maybe a pair of Paypal accounts would work. Payp...
by rgs92
Fri Dec 29, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5712

Re: Keeping a checkbook register

For me, I rarely write a check any more. For some reason my garbage collection service only wants checks (strange but true). The only other uses may be for a housekeeper or personal service or a plumber or other maintenance person sometimes (or maybe a gift to someone or a tip). But these may be as ...
by rgs92
Fri Dec 29, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7069

Re: The Economics of a new Puppy

I use PetSmart most often because they support animal rescue and animal welfare causes. PetSmart has online services that are very good too, just like Amazon.
Although I also use Chewy.com for convenience. [Chewy may do this too, but I have not checked.]
by rgs92
Fri Dec 29, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: cash tranfer between brokerage accounts
Replies: 6
Views: 304

Re: cash tranfer between brokerage accounts

I always just transfer things to a bank account and then from the bank account to the final destination. It's all automatic with no human input involved.
by rgs92
Thu Dec 28, 2017 11:04 pm
Forum: Investing - Theory, News & General
Topic: Annual vs quarterly dividends from Schwab fund
Replies: 16
Views: 1224

Re: Annual vs quarterly dividends from Schwab fund

My SCHD fund [Schwab US Dividend Equity ETF] pays dividends quarterly.
I just looked and got a payout in March, June, September, and a few days ago (Dec. 22nd).
So does my SCHB [Schwab US Broad Market ETF].
These are nice funds with a 3 basis point expense ratio for SCHB and 7 bp ER for SCHD.
by rgs92
Thu Dec 28, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Giving up on Quicken? (and expense tracking software altogether)
Replies: 65
Views: 4754

Re: Giving up on Quicken? (and expense tracking software altogether)

I just use a simple spreadsheet for my monthly budget. I make a new one each month that has 1. a list of credit cards, 2. a list of regular expenses that come out of my checking acct, and 3. income sources. A simple calculation comes up with a sum for each of these classifications, and then I just h...
by rgs92
Thu Dec 28, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value Fund Question
Replies: 20
Views: 1808

Re: Stable Value Fund Question

The SVFs I have had in my 401Ks over the decades seem to pay the 10-year treasury bond rate at any given time, with no chance of principal loss, so they are a decent place to put most of your fixed-income allocation it seems to me. In a declining interest-rate environment, a total bond market fund w...
by rgs92
Thu Dec 28, 2017 10:16 pm
Forum: Investing - Theory, News & General
Topic: 1st, your education. Then...Location, Location, Location
Replies: 66
Views: 8523

Re: 1st, your education. Then...Location, Location, Location

Yep, the NY metro area (where I am) has become an increasingly brutal and over-the-top expensive place to live (let alone retire), and I've been here for most of my adult life. It seems like a much rougher place to live than it did even 15-20 years ago. Jobs are far less secure and less humane. Thin...
by rgs92
Thu Dec 28, 2017 9:46 pm
Forum: Personal Consumer Issues
Topic: TV watching with headphones
Replies: 16
Views: 1141

Re: TV watching with headphones

I don't use bluetooth, but I always watch TV with headphones using a decent (but not extremely expensive) headphone amplifier. I like Grado headphones for TV because they have an expansive, speaker-like sound that is very refined but also profound without being pushy or pressured, and the imaging is...
by rgs92
Wed Dec 27, 2017 9:39 pm
Forum: Personal Consumer Issues
Topic: What's going on with Malwarebytes?
Replies: 4
Views: 934

Re: What's going on with Malwarebytes?

I'm curious about this. Any comments about why it is worth getting and does it interfere or conflict with anything else or slow things down? Thank you.
(Windows 10 user here.)
by rgs92
Wed Dec 27, 2017 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?
Replies: 44
Views: 4799

Re: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?

Actually, there is a school of thought that it makes sense to plan on getting really old and leaving this world with a big mortgage, leaving the bank to deal with it... So if you are 80, just get a big interest-only mortgage, make the payments each month, and ignore the principal balance. If you are...
by rgs92
Wed Dec 27, 2017 12:41 am
Forum: Investing - Theory, News & General
Topic: Any Target Date Funds better than Vanguard?
Replies: 46
Views: 4568

Re: Any Target Date Funds better than Vanguard?

Is there any theoretical reason that a target fund would be preferable to VBIAX (Vang. Balanced Index - Admiral)?
I know there is no age-related adjustment, but since the Trinity study (and Firecalc) don't do this, why should anyone do this?
Just curious. Thanks.
by rgs92
Mon Dec 25, 2017 6:38 am
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present to You
Replies: 90
Views: 8141

Re: My Christmas Present to You

Wow. Amazing. Thanks Taylor.
by rgs92
Mon Dec 25, 2017 5:40 am
Forum: Investing - Theory, News & General
Topic: 1st, your education. Then...Location, Location, Location
Replies: 66
Views: 8523

Re: 1st, your education. Then...Location, Location, Location

Just to add to my comments for the best advice as requested by the OP, if you are young and starting out, look first and foremost for a public sector job in just about any field. The job security and pensions/benefits are by far the best kind of career you can have. If you are going into the world a...