Search found 1623 matches

by Abe
Tue Oct 17, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: Question about Medigap Insurance
Replies: 5
Views: 477

Re: Question about Medigap Insurance

OP here. I had hoped to get a few more replies to my post, but it is what it is. Thank you dm200 and Spirit Rider for your replies. I think I'll go with the Plan F high deductible for her and hope for the best. Thanks again.
by Abe
Mon Oct 16, 2017 3:18 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 101
Views: 4909

Re: How does everyone keep track of your portfolio?

I have a lot of different accounts, and it's a very time consuming to update the changing number of shares and prices. I use a spread sheet and it crunches the numbers, but it still takes a lot of time to gather the information and enter it. For that reason, I don't update it very often. I would ver...
by Abe
Mon Oct 16, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Question about Medigap Insurance
Replies: 5
Views: 477

Re: Question about Medigap Insurance

My wife has had a medicare advantage plan since age 65. She is 77 now and Blue Cross Blue Shield will no longer offer her Advantage plan after December 31, 2017. Would or could she consider another Medicare Advantage Plan? I think we would rather just go with a medigap (supplemental) plan at this p...
by Abe
Mon Oct 16, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Question about Medigap Insurance
Replies: 5
Views: 477

Re: Question about Medigap Insurance

Okay. Thanks Spirit Rider for your feedback.
by Abe
Mon Oct 16, 2017 10:28 am
Forum: Personal Consumer Issues
Topic: Question about Medigap Insurance
Replies: 5
Views: 477

Question about Medigap Insurance

My wife has had a medicare advantage plan since age 65. She is 77 now and Blue Cross Blue Shield will no longer offer her Advantage plan after December 31, 2017. She will be replacing her Advantage plan with a Medigap policy and they cannot turn her down for certain limited plans if she buys it by M...
by Abe
Fri Oct 13, 2017 4:07 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6308

Re: Asking for discounts

Asking for a discount is one way to save money. There are a lot of other ways to save if you know how. I learned a lot from this book: Secrets of Power Negotiating by Roger Dawson $14.58 on Amazon. :beer I might get that, but I'm not paying $14.58 Why don't you ask for a discount? :happy
by Abe
Fri Oct 13, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 78
Views: 7211

Re: To take or not to take delivery of Tesla 3

I don't like the idea of buying anything if it requires getting on a waiting list. But hey, I'm just an old man. :happy
by Abe
Fri Oct 13, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2251

Re: Does Vanguard make sense without a computer ?

I don't know why anyone could not have a Vanguard account without a computer. I had mutual fund accounts before the internet.
by Abe
Fri Oct 13, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Will it be a mistake to buy VTSMX today?
Replies: 49
Views: 6175

Re: Will it be a mistake to buy VTSMX today?

When I look back over the years, it seems I always thought the market was too high to get in. If the market goes way down, I'm inclined to think I'll wait until things get better before I get in. I'm sure I'm not the only one who has experienced this. I finally figured out that I'll never think it's...
by Abe
Wed Oct 11, 2017 2:47 pm
Forum: Personal Consumer Issues
Topic: Asking for discounts
Replies: 59
Views: 6308

Re: Asking for discounts

Asking for a discount is one way to save money. There are a lot of other ways to save if you know how. I learned a lot from this book: Secrets of Power Negotiating by Roger Dawson $14.58 on Amazon. :beer
by Abe
Tue Oct 10, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest thing you ever heard of to save money
Replies: 34
Views: 2555

Re: Cheapest thing you ever heard of to save money

When I was a kid, we had an old miser in town who was considered a millionaire. He would park his car under the fire hydrants when the fire department opened them to flush out the water lines. Free car wash. :beer
by Abe
Fri Oct 06, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: Time Value of Money (Young Investors)
Replies: 29
Views: 1875

Re: Time Value of Money (Young Investors)

I don't claim to have a solution, but if you can talk to people directly, encouragement can go a long way. I got my girlfriend to start investing by opening a Barclays Dream Account. It took 8 months of gentle prodding before she was comfortable moving any money into any kind of new account, even i...
by Abe
Fri Oct 06, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Time Value of Money (Young Investors)
Replies: 29
Views: 1875

Re: Time Value of Money (Young Investors)

The power of compounding is an amazing thing, assuming you have the time element. :beer

https://www.youtube.com/watch?v=sk2gJ3TCNSQ
by Abe
Fri Oct 06, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3778

Re: How do you value your time?

I don't break down the value of my time per hour. It's either worth it to me or it's not.
by Abe
Wed Oct 04, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: Some Hand-Holding
Replies: 17
Views: 1201

Re: Some Hand-Holding

Where my anxiety is rising is how to ride out the next situation. I have an asset allocation of 70% equities and 30% bonds--all in mutual funds. This is down from an 80/20 allocation about a year ago. I did the reduction in anticipation of "the stock crisis of 2016." I am torn between wishing I had...
by Abe
Mon Oct 02, 2017 1:19 pm
Forum: Investing - Theory, News & General
Topic: Marketing be damned: I am a speculator!
Replies: 6
Views: 1210

Re: Marketing be damned: I am a speculator!

Investing, speculation, gambling are words that basically mean expending money with the expectation of achieving a profit. The difference is the degree of risk. The companies that make up the stock market, assuming they are successful, create value. The more value they create, the more investors are...
by Abe
Mon Oct 02, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: I bought a car without thinking too much about value
Replies: 45
Views: 3964

Re: I bought a car without thinking too much about value

Break the lease - probably quite expensive, but there were deals in the past where you could do that at no cost to you - check the contract. Try to outright buy the car and sell as used - significant value loss, probably less cost than breaking the lease. So at this point, I think you should probab...
by Abe
Thu Sep 28, 2017 3:05 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12801

Re: Why do you LBYM? Why do you save and invest?

My question to the member of the forum is this. What makes you different from others? What makes you believe that you could be LBYM, save and invest to make a difference in your life? I believe this will be a very interesting topic to discuss. Thanks in advance. KlangFool I remember early on thinki...
by Abe
Thu Sep 28, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12801

Re: Why do you LBYM? Why do you save and invest?

It takes twenty seconds to stop, bend over, pick up the penny, straighten up, and put it in your pocket. Whenever anyone asks the average age of the bogleheads user, I'm going to reference this post. :D I find it hard to believe it takes anyone 20s to pick up a penny. They can either do it in 10s o...
by Abe
Thu Sep 28, 2017 11:07 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12801

Re: Why do you LBYM? Why do you save and invest?

I like the 10 chicken nuggets for $1.49 at Burger King. But, speaking of saving money, I was at Walmart the other day and needed some deodorant. I had a choice of Mennen Speed Stick Regular: a 1.8 oz size for .98c or a 2 pack (3oz each) for a total of 6 oz that cost $3.76. Being a frugal person, I g...
by Abe
Mon Sep 25, 2017 3:35 pm
Forum: Personal Consumer Issues
Topic: Tipping question....Applebees
Replies: 87
Views: 6778

Re: Tipping question....Applebees

It's easy to calculate 10% of any number in your head. For a 15% tip, just calculate 10% and add half back. For 20% just calculate 10% and double it. But, this thread demonstrates all the problems with tipping. If restaurant owners would pay their waiters a decent salary as most other businesses do,...
by Abe
Fri Sep 15, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Personal Milestone-this is the only place to share
Replies: 21
Views: 2362

Re: Personal Milestone-this is the only place to share

Congratulations nchunter. It's nice to have something working for you other than yourself.
by Abe
Thu Sep 14, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 18225

Re: Is it really Worth it to brown bag your lunch at work?

It is said that H L Hunt, who at one time was considered the richest man in the world, carried his lunch to work in a brown paper bag. My wife and I used to go to Kentucky Fried Chicken and get 3 pieces of chicken for $2.49, but the last time I went, they had almost doubled the price. Outrageous. :w...
by Abe
Mon Sep 11, 2017 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Safe Deposit Box Fee (Bank of America)
Replies: 35
Views: 10950

Re: Safe Deposit Box Fee (Bank of America)

Carson wrote:
Mon Nov 07, 2016 4:45 pm
We pay $18/year to have a small safe deposit box (papers folded in thirds) at a local 'mom & pop' bank. The deposit requirement is $100 min. If you have a local bank like this, I would reach out to them.
This is one reason why I like small local banks.
by Abe
Thu Sep 07, 2017 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Paying 4 years tuition for college to get discount?
Replies: 22
Views: 2409

Re: Paying 4 years tuition for college to get discount?

I would have to get a lot more discount than the amount tuition may go up each year.
by Abe
Wed Sep 06, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 5727

Re: Wife believes 7+% returns from stock market are guaranteed

The OP's wife may be right when she says to get a mortgage on the house and use the money to invest in the stock market. But, then again, she may be wrong. If the stock market goes into a 10 year slump, I would rather have a paid off house. So, there is something to be said about a paid off house. M...
by Abe
Sat Sep 02, 2017 10:31 am
Forum: Local Chapters and Bogleheads Community
Topic: Stan died [Long time forum lurker]
Replies: 38
Views: 6329

Re: Stan died

Stan sounds like the kind of person I would like to know.
by Abe
Fri Sep 01, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: How to buy raw (unimproved) land?
Replies: 34
Views: 3678

Re: How to buy raw (unimproved) land?

- The county has a survey of the land on record from November 2011 and as far as I know there have not been any new easements or other things that would change it. I have never purchased raw land before... would something that "old" suffice? No. This is why you need the seller to furnish you with t...
by Abe
Fri Sep 01, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: How to buy raw (unimproved) land?
Replies: 34
Views: 3678

Re: How to buy raw (unimproved) land?

I didn't see any mention of who the current owner is, but is there any chance of seller finance? How did you find the property? Is it currently on the market? If so, there may be a broker involved from the seller side that might give advice to expedite the sale I also didn't see mention of whether ...
by Abe
Thu Aug 31, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 155
Views: 40888

Re: Time to reach 1M and 2M milestones

cashmoney wrote:
Thu Aug 31, 2017 9:17 am
I was working on making my second million by the age of 30 after failing to make my first million.
Ha. I'm working on my second million too. I gave up on the first one. :wink:
by Abe
Thu Aug 31, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: Do we have a toilet problem? Or drain line?
Replies: 7
Views: 659

Re: Do we have a toilet problem? Or drain line?

Of course I can't diagnose your problem, but suggest that if you haven't already you should flush a few times with the tank top removed. I suspect the noise maybe coming from the fill valve and/or flapper. All of the internals can typically be replaced at minimum cost without replacing the toilet. ...
by Abe
Wed Aug 30, 2017 3:55 pm
Forum: Investing - Theory, News & General
Topic: James Altucher's get-rich-quick pitch
Replies: 17
Views: 3670

Re: James Altucher's get-rich-quick pitch

Make $647 in less than 2 minutes with no risk. This "almost" sounds too good to be true. :happy
by Abe
Tue Aug 29, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Is Geico a bait and switcher?
Replies: 32
Views: 4352

Re: Is Geico a bait and switcher?

Several years ago I changed to GEICO because their rate was cheaper. Over time their rate gradually went up, and recently my rate went up to $805.00 for 6 months for my car and truck. When I asked for a better price, they said there was no way they could do it for any less. I checked around and rece...
by Abe
Sun Aug 27, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure vs Medigap when on "traditional" Medicare
Replies: 73
Views: 4780

Re: Self insure vs Medigap when on "traditional" Medicare

I have an acquaintance who does not have any assets and does not have any insurance. He has had a lot of medical bills in the last few years. He told me I should drop my insurance because the doctors and hospital will let him just pay a trivial amount each month on his medical bills. I told him that...
by Abe
Fri Aug 18, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: How useful is a home security system?
Replies: 82
Views: 7368

Re: How useful is a home security system?

My home has been burglarized several times. The last time it happened they had plenty of time. They went through every thing in my house including the attic. I think the even left and then came back and got more stuff. After that I put in a security system. That was over 10 years ago and I haven't ...
by Abe
Fri Aug 18, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: How useful is a home security system?
Replies: 82
Views: 7368

Re: How useful is a home security system?

I think a home security system is completely useless for warding off burglars, but very useful in giving people peace of mind. A few years ago, a friend's house was burglarized, and they did not have any alarm system. So after they were victimized, they put a system in. Nothing had changed. They st...
by Abe
Sat Aug 05, 2017 11:43 am
Forum: Personal Consumer Issues
Topic: Creating Multiple Streams of Income
Replies: 12
Views: 2131

Re: Creating Multiple Streams of Income

I own rental properties which produce income streams. Also, for many years, I bought owner financed mortgages at discount. Very nice to receive all those checks in the mail every month. I receive social security which is an income stream. Of course, I get interest, dividends and capital gains, but I...
by Abe
Fri Aug 04, 2017 3:49 pm
Forum: Investing - Theory, News & General
Topic: Illusion of poverty/wealth
Replies: 166
Views: 26524

Re: Illusion of poverty/wealth

Financially savvy doesn't mean financially wealthy. You can take the kid with the highest grades in your college class and yet they don't make it to CEO or even executive suite, instead the CEO is the class clown who was cracking jokes in class and getting C's. Who winds up wealthier? For things to...
by Abe
Fri Aug 04, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else have trouble spending?
Replies: 91
Views: 6000

Re: Anyone else have trouble spending?

You asked why you have these anxieties about spending money. I don't know if anyone can answer that, but I think there are two types of people, those who worry about spending and those who don't. I agree 100%. Interestingly, I wonder often if one of the reasons the folks on this board (me included)...
by Abe
Fri Aug 04, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else have trouble spending?
Replies: 91
Views: 6000

Re: Anyone else have trouble spending?

You asked why you have these anxieties about spending money. I don't know if anyone can answer that, but I think there are two types of people, those who worry about spending and those who don't. I am one of the former group and it appears you are too. You are what you are, and that cannot be easily...
by Abe
Thu Aug 03, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: The age old debate 30 vs 15 [year mortgage rate]
Replies: 41
Views: 4964

Re: The age old debate 30 vs 15 [year mortgage rate]

In your situation, if you know you will only be there for 3 to 5 years and you know you can make the payments without a problem, then I would think you would be better off with the 15 year mortgage. The benefit of the 30 year mortgage is that it gives you flexibility. You have the option of making a...
by Abe
Wed Aug 02, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Will my older self thank me?
Replies: 38
Views: 3240

Re: Will my older self thank me?

jb1: When I was your age, I was in a similar situation as you only I didn't have as much money saved as you do. I can tell you that people don't change that much. I was very frugal, saved my money and all that, while many of my friends were living the high live. They laughed at me too back then, but...
by Abe
Fri Jul 28, 2017 4:07 pm
Forum: Investing - Theory, News & General
Topic: NYT Carl Richards "You’re No Coward if You’re Keeping Some Money Out of Stocks"
Replies: 42
Views: 5266

Re: NYT Carl Richards "You’re No Coward if You’re Keeping Some Money Out of Stocks"

I understand having a limit on how much one puts in the market. Isn't that what asset allocation is all about? I don't agree with having the money in cash yielding .16%. There are plenty of low risk places to put it that pay a higher rate than .16%.
by Abe
Fri Jul 28, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 42
Views: 5994

Re: Vanguard Money Market vs. Savings Accounts

The SEC yield for my Vanguard Prime Money Market Fund (VMMXX) is 1.10%.
by Abe
Mon Jul 24, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Rental Property By Ourselves
Replies: 15
Views: 995

Re: Selling Rental Property By Ourselves

renue74 wrote: The problem with this is...if I have to foreclose on the buyer, how easy will it be to get them to drop $10K to $20K to return the office to the level I had it.
It would be almost impossible.
by Abe
Mon Jul 24, 2017 1:37 pm
Forum: Personal Consumer Issues
Topic: Anyone else extremely frugal?
Replies: 100
Views: 8816

Re: Anyone else extremely frugal?

Edited to add: Here's how to save money on lunch. Go to Wally World and get a 12 oz package of bologna .99c, a 2 liter Great Value root beer .84c and a loaf of bread $1.35 for a total of $3.18. This is enough to last about 1 week, so $3.18 divided by 7 days equal .46c per day for lunch give or take...
by Abe
Mon Jul 24, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Anyone else extremely frugal?
Replies: 100
Views: 8816

Re: Anyone else extremely frugal?

I'm guilty of being frugal, give me 10 lashes with a wet noodle. I must say though, I have never missed a meal. I'm not that frugal. When eating out, I always drink water since water is cheaper than coffer or tea. I went out to eat one time with my aunt and uncle. They were cheaper than me. We all o...
by Abe
Mon Jul 24, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Selling Rental Property By Ourselves
Replies: 15
Views: 995

Re: Selling Rental Property By Ourselves

Selling with owner financing is a good way to sell your property, especially the type of property you have, an older store that needs work. I have sold several properties with owner financing and at times made more money by selling with owner financing than I did renting. The fact that your prospect...