Search found 2723 matches

by rgs92
Thu Sep 17, 2020 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 301
Views: 17383

Re: Preparing for retirement in mid 30s

$45,000 seems impossible even for a single person. That's about the equivalent in the year 2000 of $29,000, and I was making about $75,000 then and was barely getting by (no travel, Toyota Camry, modest housing cost, cooked at home, NJ suburbs fairly far from NYC).
by rgs92
Sat Sep 12, 2020 2:29 pm
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18483

Re: Anyone successfully living off dividends & interest?

I suppose if one wanted to purely live off dividends, one could purchase some ETFs or other funds that are composed of REITS, Preferred Stocks, and High Yield Bonds. To be clear, I'm not recommending this, but it does technically qualify as a way of having a portfolio generate a high level of income...
by rgs92
Sat Sep 12, 2020 1:13 pm
Forum: Personal Consumer Issues
Topic: Used Car issues Ohio
Replies: 37
Views: 1739

Re: Used Car issues Ohio

I always hear that CPO cars are not worth it (Certified Pre-Owned). FWIW, I bought 2 of these from higher-end dealers and the few repairs I had were fixed for free with no issues and I had the first car for several years and the other is going strong. So just from my experience, that's how I buy any...
by rgs92
Fri Sep 11, 2020 2:57 pm
Forum: Personal Consumer Issues
Topic: Please help me, need to buy a computer
Replies: 127
Views: 5883

Re: Please help me, need to buy a computer

Yes, Google Drive is cloud backup. Yes, go ahead, get a Google Drive account (it's linked to your gmail account), and try creating some folders and copying some data to it to get the feel of it. A little bit of storage is free. You will have to buy enough to hold all your data. (It's like $10 or $20...
by rgs92
Fri Sep 11, 2020 2:31 pm
Forum: Personal Consumer Issues
Topic: Please help me, need to buy a computer
Replies: 127
Views: 5883

Re: Please help me, need to buy a computer

LadyGeek's wise advice should be followed. These days it's easier and cheaper than ever to get cloud storage to store your data, even large amounts of it, like several Terabytes worth. Just be organized enough to place all your data in a handfull of personal local directories (like a root structure)...
by rgs92
Thu Sep 10, 2020 5:35 pm
Forum: Personal Consumer Issues
Topic: Please help me, need to buy a computer
Replies: 127
Views: 5883

Re: Please help me, need to buy a computer

I personally like MSI computers. Dells and HPs are OK for Windows PCs, but the ones I owned from those companies have had strange hiccups down the line and hardware failures. My MSI has experienced no problems or glitches. I went with MSI after recommendations from the gaming and computer-audio comm...
by rgs92
Thu Sep 10, 2020 5:20 pm
Forum: Investing - Theory, News & General
Topic: Too much S&P 500 index concentration in FAAMGs?
Replies: 67
Views: 3929

Re: Too much S&P 500 index concentration in FAAMGs?

Cap-weighting has worked just fine over the long term so I trust it will work going forward.
It forces you to buy stocks that seem to be overvalued but in reality are relatively early in a major run-up.
by rgs92
Thu Sep 10, 2020 3:00 pm
Forum: Personal Investments
Topic: How do I hedge inflation for a non-COLA pension
Replies: 7
Views: 721

Re: How do I hedge inflation for a non-COLA pension

The $45,000 pension is about $3,750 a month in a fixed annuity for life (an SPIA). The SPIA will cost $100,000 for each $500/month income. Therefore, since $3,750 is 7.5 times $500, you would need $700,000 to generate your pension. So your pension is worth that $700,000, and you could take 4% of thi...
by rgs92
Mon Sep 07, 2020 9:27 am
Forum: Personal Consumer Issues
Topic: Portable radios for Wifi/Internet content?
Replies: 9
Views: 936

Re: Portable radios for Wifi/Internet content?

So something like this isn't good? Just Curious. Thanks. https://www.amazon.com/Sangean-Internet-FM-RBDS-Network-Receiver/dp/B07YCK14T7/ref=sr_1_1_sspa?crid=AF80YP7ZS7J&dchild=1&keywords=sangean+wfr-28+internet+radio&qid=1599488780&sprefix=sangean++28+radio%2Caps%2C178&sr=8-1-spons&psc=1&spLa=ZW5jcn...
by rgs92
Sun Sep 06, 2020 11:31 pm
Forum: Personal Consumer Issues
Topic: Portable radios for Wifi/Internet content?
Replies: 9
Views: 936

Portable radios for Wifi/Internet content?

Any recommendations for a good portable radio for internet radio stations would be appreciated. It's just meant to be used with my home Wifi. A quick search points to Grace, Sangean, and Roberts (a British company that seems hard to find in the U.S.). I have a conventional Sangean radio which has wo...
by rgs92
Thu Sep 03, 2020 5:56 pm
Forum: Personal Consumer Issues
Topic: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?
Replies: 70
Views: 4228

Re: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?

There were many people in their 80s at the various gyms I went to over the last 20+ years. Any regular gym or YMCA will do. There are people of all ages, shapes and sizes. You will have no problem in standard gyms. You can just ask the staff to show you how to use the machines and demo them; they do...
by rgs92
Thu Sep 03, 2020 5:50 pm
Forum: Personal Consumer Issues
Topic: PC Build Thread 2020
Replies: 90
Views: 5981

Re: PC Build Thread 2020

Yep, when I worked with databases (Oracle and such), RAID was mainly the place where the database lived for real-time fault-tolerant transaction processing systems, heavy-duty stuff for big online systems with lots of users. If you have something like sync.com or even Google Drive, that's good enoug...
by rgs92
Tue Sep 01, 2020 5:22 pm
Forum: Personal Consumer Issues
Topic: Walmart+ service ($98/year = free delivery w/ $35+ order). Thoughts?
Replies: 121
Views: 7962

Re: Walmart+ service ($98/year = free delivery w/ $35+ order). Thoughts?

Thanks. I guess since it's same-day delivery (in some cases), it must be a private courier service for these items, or WalMart''s own maybe. Thanks for the all the feedback on this.
by rgs92
Tue Sep 01, 2020 3:22 pm
Forum: Personal Consumer Issues
Topic: Cardio alternatives to treadmills?
Replies: 107
Views: 6933

Re: Cardio alternatives to treadmills?

Ellipticals are good. I never had any strains with them.
by rgs92
Tue Sep 01, 2020 12:59 pm
Forum: Personal Consumer Issues
Topic: Walmart+ service ($98/year = free delivery w/ $35+ order). Thoughts?
Replies: 121
Views: 7962

Re: Walmart+ service ($98/year = free delivery). Thoughts?

Tips are usually for grocery (or take out food) deliveries with all these services. I've never heard of tips for regular ordinary packages. If I'm wrong, and advice is welcome. Thanks.
by rgs92
Tue Sep 01, 2020 12:50 pm
Forum: Personal Consumer Issues
Topic: Walmart+ service ($98/year = free delivery w/ $35+ order). Thoughts?
Replies: 121
Views: 7962

Re: Walmart+ service ($98/year = free delivery). Thoughts?

Edited to note the $35 minimum. Sort of a negative annoyance in my book for a premium service I think. (I think Target ships for free anyway with a a $35 order.) Also, how does Walmart ship? I tend to avoid shipments with Fedex Ground because of serious service problems and damaged shipments in the ...
by rgs92
Tue Sep 01, 2020 12:45 pm
Forum: Personal Consumer Issues
Topic: Walmart+ service ($98/year = free delivery w/ $35+ order). Thoughts?
Replies: 121
Views: 7962

Walmart+ service ($98/year = free delivery w/ $35+ order). Thoughts?

So Walmart has a new premium service for $98/year for free delivery for orders over $35 (called Walmart+ or Walmart Plus maybe).
I am curious about anyone's experience with online ordering from Walmart (say, vs. Amazon).
What shipping services are used at Walmart?
Thank you.
by rgs92
Mon Aug 31, 2020 3:05 pm
Forum: Personal Consumer Issues
Topic: Oddly Difficult to Find Items During the Pandemic
Replies: 278
Views: 24010

Re: Oddly Difficult to Find Items During the Pandemic

Also, clean shower daily shower cleaner. Can't find it anywhere. Amazon has lots of clean shower: https://www.amazon.com/s?k=clean+shower&rh=p_72%3A2661621011&dc&qid=1598903637&rnid=2661617011&ref=sr_nr_p_72_4 Look at the prices. They are typically 1-2 dollars a bottle. How about Target? It says th...
by rgs92
Mon Aug 31, 2020 2:55 pm
Forum: Personal Consumer Issues
Topic: Oddly Difficult to Find Items During the Pandemic
Replies: 278
Views: 24010

Re: Oddly Difficult to Find Items During the Pandemic

JBTX wrote: Mon Aug 31, 2020 1:38 pm
Also, clean shower daily shower cleaner. Can't find it anywhere.
Amazon has lots of clean shower:

https://www.amazon.com/s?k=clean+shower ... _nr_p_72_4
by rgs92
Fri Aug 28, 2020 3:10 pm
Forum: Personal Investments
Topic: Financial Advisor (Morgan Stanley) wants to end relationship with ("fire") my grandfather
Replies: 62
Views: 6775

Re: Financial Advisor (Morgan Stanley) wants to end relationship with ("fire") my grandfather

For anyone who wants an advisor, I would say Vanguard PAS is the best option by far. I think it would be great if he signs up for PAS before he gets involved with someone else who would probably be much more expensive and have worse performance. It's the safest path IMHO. (It's a minefield out there...
by rgs92
Wed Aug 26, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Poll of the retirees among us--spending in retirement
Replies: 76
Views: 6656

Re: Poll of the retirees among us--spending in retirement

If you have Medicare and decent supplemental insurance and drug insurance (and also long term care insurance), are you still vulnerable to high medical expenses as you age?

Also, I am curious if the reported expenses here (from the study and the comments) include income taxes or not.
Thank you.
by rgs92
Wed Aug 26, 2020 12:37 pm
Forum: Personal Investments
Topic: As a 30 year old with extremely high risk tolerance should I even be holding bonds any more or should I go 100% stock?
Replies: 166
Views: 11684

Re: As a 30 year old with extremely high risk tolerance should I even be holding bonds any more or should I go 100% stoc

I prefer to follow the efficient frontier approach rather than extreme allocations in any direction at any age. (In deference to Taylor's recent post about using plain English rather than jargon, this means a mixed allocation of stocks and bonds at all times leads to the best long term balance of gr...
by rgs92
Wed Aug 19, 2020 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Am I entitled to bring in my own real estate agent after a showing by the listing agent?
Replies: 39
Views: 3447

Re: Am I entitled to bring in my own real estate agent after a showing by the listing agent?

OK, thanks for the advice. I assume it's a good idea to make sure any agreement with an agent should be specifically classified as non-exclusive.
by rgs92
Wed Aug 19, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Am I entitled to bring in my own real estate agent after a showing by the listing agent?
Replies: 39
Views: 3447

Re: Am I entitled to bring in my own real estate agent after a showing by the listing agent?

OK, thanks for the quick response. So just to be sure, as long as I don't sign anything, I am safe to anything I want.
I usually just see houses that I am interested in by just calling the listing realtor and meeting them there. Nothing is in writing.
by rgs92
Wed Aug 19, 2020 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Am I entitled to bring in my own real estate agent after a showing by the listing agent?
Replies: 39
Views: 3447

Am I entitled to bring in my own real estate agent after a showing by the listing agent?

If I call the listing agent for a house just to see it, am I entitled to later bring in another agent to represent me if I want to make an offer? Can the listing agent insist they want to be the only agent involved? Also, more specifically, if a listing agent shows me a house, could I, for example, ...
by rgs92
Wed Aug 19, 2020 5:18 pm
Forum: Personal Investments
Topic: Question About Corporate Bonds
Replies: 34
Views: 1964

Re: Question About Corporate Bonds

I would think of transferring everything to Fidelity (into a regular individual brokerage account) and then you will see a formal description of each item. Then you can ask (or just try online) to sell each holding and see a value of the proceeds of each sale. And you can call them for info on each ...
by rgs92
Fri Aug 14, 2020 1:49 pm
Forum: Personal Investments
Topic: Jumbo Refi / No good rates
Replies: 5
Views: 853

Re: Jumbo Refi / No good rates

Jumbo rates have dropped significantly quite suddenly. A 30-year jumbo mortgage is now under 3.25% and the 15 year jumbo is under 2.75%.
Sources: Bankrate, Nerdwallet, and others.
by rgs92
Fri Aug 14, 2020 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Why have jumbo mortgage rates dropped today?
Replies: 2
Views: 626

Re: Why have jumbo mortgage rates dropped today?

Bankrate shows (just now) for jumbos at 30-year/15-year = 3.25%/2.69%.
by rgs92
Fri Aug 14, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Why have jumbo mortgage rates dropped today?
Replies: 2
Views: 626

Why have jumbo mortgage rates dropped today?

Bankrate.com (and CNBC) show a sudden drop in jumbo mortgage rates. I see 3.17% for a jumbo 30-year, and 2.75% for a jumbo 15-year. This is odd, since a few days ago it was almost a whole percent higher. This is about the same as a conforming loan. I don't see that the overall yield curve has flatte...
by rgs92
Wed Aug 12, 2020 12:31 am
Forum: Investing - Theory, News & General
Topic: Equities and inflation
Replies: 65
Views: 3371

Re: Equities and inflation

I always trust (well, my leap of faith here) that since inflation means higher prices, and companies are the ones raising prices, thus generating higher revenue, and the higher revenue will produce higher profits which will flow to you, the stock owner. Pricing power is everything when you need to b...
by rgs92
Wed Aug 12, 2020 12:24 am
Forum: Personal Consumer Issues
Topic: Herman Miller Aeron chair
Replies: 64
Views: 4893

Re: Herman Miller Aeron chair

I put this on my deskchair now and like it a lot. TravelMate Extra-Large Memory Foam Seat Cushion – Perfect for Office Chair and Wheelchair – Does Not Slip Even on Smooth Marble Floors – Washable & Breathable Cover – Relieves Back Pain – 19”x17”x3” It's on Amazon and other places. https://www.amazon...
by rgs92
Wed Aug 12, 2020 12:12 am
Forum: Personal Consumer Issues
Topic: SOLVED was: Ideas for hard-to-find OTC supplement?
Replies: 11
Views: 820

Re: SOLVED was: Ideas for hard-to-find OTC supplement?

Check out the documentary section of Amazon Prime Video Movies. They have some pretty interesting offbeat movies. Some of these are pretty recent. I will note that they have Laurel Canyon (2 parts) that is about the music scene there in the early 1970s (with lots of rare clips). (This was a recent s...
by rgs92
Tue Aug 11, 2020 11:36 pm
Forum: Investing - Theory, News & General
Topic: Another "Investment Gem"
Replies: 2
Views: 791

Re: Another "Investment Gem"

Peter Lynch: I have no idea which whether the next 1000 points on the Dow will be up or down, but I know the next 10,000 points will be up.

(He said this in 2001.)
by rgs92
Sun Aug 09, 2020 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Citi credit card refunds
Replies: 7
Views: 1074

Re: Citi credit card refunds

Yes, the thing to do is dispute the charge if the merchant won't give you a refund that you feel they owe you (in a reasonable time, like a month or so). Once you do, you will not have to pay that amount while the dispute issue is still active. And no interest can be charged either while this is goi...
by rgs92
Wed Aug 05, 2020 8:09 pm
Forum: Personal Investments
Topic: Alternative 2 Fund Portfolio
Replies: 17
Views: 1505

Re: Alternative 2 Fund Portfolio

VBIAX (Vanguard Balanced Index) is the 2-fund portfolio that rebalances every day (for 7 basis points). This should do exactly what you want as a 60/40 allocation if you can live with this permanent asset allocation. It's really all you need without any more thought (especially if you are not intere...
by rgs92
Mon Aug 03, 2020 12:59 pm
Forum: Investing - Theory, News & General
Topic: Sunday NYT article Mutual Fund Winners Don't Stay Ahead for Long
Replies: 14
Views: 2012

Re: Sunday NYT article Mutual Fund Winners Don't Stay Ahead for Long

Nowadays Louis Rukeyser and W$W have been replaced by Bogleheads.org cheerleading on the Total Stock Market Index fund which is now the momentum play. I can relate. 20 years ago I started up my Roth IRA in T Rowe Price Equity Income (PRFDX) because I used to see Brian Rogers, its fund manager, all ...
by rgs92
Mon Aug 03, 2020 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: In retirement, a $100 monthly expense needs $30,000 in your portfolio
Replies: 179
Views: 22775

Re: In retirement, a $100 monthly expense needs $30,000 in your portfolio

Well, $100,000 will buy a fixed annuity for mid-life people that generates about $500 a month for life (at least that was the case for many years up until recently). So that's a linear 200-to-1. That's the rule of thumb I always keep in my head. So a for $100 a month you need a lump sum of $20,000. ...
by rgs92
Mon Aug 03, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: I was looking at getting the 1% cash back discover card. How many of you use debit cards all the time?
Replies: 79
Views: 3901

Re: I was looking at getting the 1% cash back discover card. How many of you use debit cards all the time?

The Target credit card gives 5% back at Target. (And has for as long as I can remember, like 20 years.) I never heard of a Target debit card. So I am confused at the earlier mention of this a bit above this post. Is there a Target debit card that gives you more than 5% back? If so, I'd be curious. T...
by rgs92
Fri Jul 31, 2020 11:11 pm
Forum: Personal Investments
Topic: Fidelity Puritan or Balanced Versus Three Fund Approach
Replies: 23
Views: 2266

Re: Fidelity Puritan or Balanced Versus Three Fund Approach

You really can't mimic Puritan or Balanced because they are actively managed funds. If you are in Fidelity you are probably better using one of the Fidelity Freedom Index funds (target funds with different target years). FQIFX (the 2025 version with roughly 35/25/40 US stocks/Foreign Stocks/Fixed In...
by rgs92
Fri Jul 31, 2020 11:00 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5772
Views: 1379579

Re: What Movie Have You Recently Watched?

Laurel Canyon (both of the 2 parts). On Epix or Amazon Prime. (This is a new -2020- release.) Very good; rare performances and footage.
by rgs92
Fri Jul 31, 2020 5:54 pm
Forum: Personal Investments
Topic: Roboadvisor vs. S&P500 Index Fund
Replies: 11
Views: 1359

Re: Roboadvisor vs. S&P500 Index Fund

I would not think any reasonable evaluation of performance could be based on a time period of a year and a half. There is always a list of broad-based mutual funds that perform better than index funds for limited periods of time, even multiyear or decade-long periods. But beyond that, this is not th...
by rgs92
Fri Jul 31, 2020 2:36 pm
Forum: Investing - Theory, News & General
Topic: Trying to Understand ETF Buy/Sell
Replies: 8
Views: 356

Re: Trying to Understand ETF Buy/Sell

An ETF trades just like a stock. Just think of it like a stock and you can see the price minute by minute by looking at the 1-day chart on Fidelity or any popular financial site (where you can also see the vital stats like P/E, yield, etc.). Some of that stats vary by site, so look at a couple, like...
by rgs92
Fri Jul 31, 2020 12:20 am
Forum: Personal Consumer Issues
Topic: Rechargeable batteries AA AAA etc.
Replies: 36
Views: 2025

Re: Rechargeable batteries AA AAA etc.

I use the Duracell AA rechargeable in a radio (a C.Crane radio) and they work fine. I also put some in a remote and they seem to work well. I got them from Amazon. A 4-pack of them is $12.66 . The reviews are fine(over 3500 of them, 4.5 starts on avg).
by rgs92
Thu Jul 30, 2020 7:16 pm
Forum: Personal Consumer Issues
Topic: Need to destroy old external Hard Drives
Replies: 103
Views: 5494

Re: Need to destroy old external Hard Drives

I would just format the drives if you can get them working.
by rgs92
Thu Jul 30, 2020 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: I was looking at getting the 1% cash back discover card. How many of you use debit cards all the time?
Replies: 79
Views: 3901

Re: I was looking at getting the 1% cash back discover card. How many of you use debit cards all the time?

As far a groceries go, Amex Blue Cash Everyday gives you 3% back on groceries for no annual fee. (This is often mentioned on the forum.) I think there is a limit to the rewards, so it makes sense for a couple (or all adults in the household) to each get a separate account to maximize the rewards. Ye...
by rgs92
Tue Jul 28, 2020 5:50 pm
Forum: Personal Investments
Topic: Why is this SPIA a bad idea?
Replies: 68
Views: 5368

Re: Why is this SPIA a bad idea?

Thanks R.Med. True that the 3-funder is not a true substitute for an inflation-tracking lump of money, but since it's invested over time, there is a good chance it would be close (well, after a little leap of faith). And at other points, I suppose you could buy some TIPSs with it, or a TIPS fund. Th...
by rgs92
Tue Jul 28, 2020 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: USPS insurance claim.
Replies: 22
Views: 1721

Re: USPS insurance claim.

You can ship anything the USPS carries to a PO Box. And, as noted by others above, the hold it and you ask for it at the service counter. Usually they put a note in the box, but you should just track it and when it's delivered, go ask for it and show them your key. (Sometimes they forget the note.) ...
by rgs92
Tue Jul 28, 2020 5:29 pm
Forum: Personal Investments
Topic: Why is this SPIA a bad idea?
Replies: 68
Views: 5368

Re: Why is this SPIA a bad idea?

Can't you roughly mimic an inflation-adjusted annuity by setting aside a part of each monthly payment from a simple fixed SPIA and investing it into a 3-fund-portfolio? Of course, this would take some discipline, so it's easier said than done, but that's a behavior-related issue. By the way, Fidelit...