Search found 54 matches

by bt365
Sun Jun 21, 2020 1:13 pm
Forum: Personal Consumer Issues
Topic: Old Cars & the expenses that go with them
Replies: 69
Views: 5156

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by bt365
Sun Jun 21, 2020 10:46 am
Forum: Personal Investments
Topic: Why Morgan Stanley Says the 60/40 Portfolio Is Doomed
Replies: 107
Views: 11031

Re: 60/40 split at 70 year old?

Think you could pick just about anyone's advice on this thread with good probability of obtaining the income you said you need, while growing your stock nest egg. Alongside this, Americans nearing retirement need best Medicare/gap coverage they can afford. Some include LTC coverage premiums as part ...
by bt365
Thu Jun 18, 2020 11:15 am
Forum: Personal Finance (Not Investing)
Topic: GS drops yield on savings account again
Replies: 21
Views: 1571

Re: GS drops yield on savings account again

Just needed to vent. We read yields across online banks would be falling, but it's speed of the fall that digs. Even back when inflation was higher - savings, CDs, treasury yields were often such that yield actually provided a fairly reliable source of income in retirement. Of course no global pande...
by bt365
Wed Jun 17, 2020 10:36 am
Forum: Personal Finance (Not Investing)
Topic: GS drops yield on savings account again
Replies: 21
Views: 1571

GS drops yield on savings account again

GS/Marcus sent out another inane email about how their savings account yields are still among the best anywhere blah blah, "but" (drum roll) they are dropping the yield on their (sic) high yield savings account. That make two drops in a very short period of time. However, home refi to the rescue. Bo...
by bt365
Wed Jun 17, 2020 10:21 am
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15686

Re: Ditching International

"Nobody knows nothing." ~ Mr. Bogle

Yeah one of many quotes that sound cute, however some do know some things, but none know future direction of markets. With or without all the financial information available in the world, speculation about the future is still speculation.
by bt365
Mon Jun 15, 2020 8:19 am
Forum: Personal Investments
Topic: Large Amount in Vanguard Prime MM
Replies: 27
Views: 4401

Re: Large Amount in Vanguard Prime MM

Indeed. Correct.
by bt365
Sun Jun 14, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4469
Views: 1260965

Re: What Book Are You Currently Reading? Part VI

Not so much reading as browsing. Here's one of those "browsing" books: https://www.shelterpub.com/building/halfacrehomestead Much to be admired living a life so in concert with sky, soil, nature and the best little things life has to offer. I know one of lives great pleasures for me when I was young...
by bt365
Sun Jun 14, 2020 3:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11557

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

Hope to see how those "expert" projections pan out.
by bt365
Sun Jun 14, 2020 2:53 pm
Forum: Personal Investments
Topic: Large Amount in Vanguard Prime MM
Replies: 27
Views: 4401

Re: Large Amount in Vanguard Prime MM

Had good amount sitting in Prime Money Market. When could do better w/CDs, pulled all but 1% out of PPM. CDs return squat now. For entertainment take look at 5-year returns of Prime Money Market and Total International Index Fund. One hopes Total International Index Fund returns will not always be s...
by bt365
Fri Jun 12, 2020 5:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11557

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

Compounding is indeed powerful, but patience and time are finite.
Many tell themselves their patience will be rewarded in the long term.
Problem is, many lose patience long before the long term.
by bt365
Thu Jun 11, 2020 6:11 pm
Forum: Personal Investments
Topic: Thoughts on today's sell-off?
Replies: 194
Views: 16252

Re: Thoughts on today's sell-off?

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by bt365
Wed Jun 10, 2020 8:40 am
Forum: Personal Investments
Topic: Alternatives to CDs?
Replies: 7
Views: 749

Re: Alternatives to CDs?

Good post anon_investor. However thinking mid-to-late eighties the larger financial concern is the insane expense of decent assisted living, memory care, etc. Those costs so dwarf any very meager fixed income interest rate returns today as to be almost not worth the effort. All ones efforts better s...
by bt365
Fri Jun 05, 2020 4:26 pm
Forum: Personal Investments
Topic: Zero Balance Accounts
Replies: 6
Views: 922

Zero Balance Accounts

Anyone here have a zero balance aka custody account at a bank? Appears on surface to be good protection, and useful for those who prefer not having to cool their heels for lengthy wait to recover their savings in event of bank failure.
by bt365
Fri Jun 05, 2020 3:20 pm
Forum: Personal Investments
Topic: FDIC Insurance above $250K
Replies: 21
Views: 1243

Re: FDIC Insurance above $250K

Thinking cash in separate banks with short CD ladder of $250,000 in each bank, with FDIC protection. In these times CD yields are abysmal, even going out five years yields little. Not that I would go out five years, as better investment returns elsewhere for that length of time, albeit with no certa...
by bt365
Fri Jun 05, 2020 3:16 pm
Forum: Personal Investments
Topic: FDIC Insurance above $250K
Replies: 21
Views: 1243

Re: FDIC Insurance above $250K

So a single account and a joint account would be insured separately, for example. That is my understanding at least.

That I understand. My wife passed many years ago. I am single.
by bt365
Fri Jun 05, 2020 3:07 pm
Forum: Personal Investments
Topic: FDIC Insurance above $250K
Replies: 21
Views: 1243

FDIC Insurance above $250K

Can one allocate CDs across several banks with total value of 250K at each bank and maintain FDIC insurance for all, or is $250K the maximum FDIC protection for all CDs (checking/savings/MMDA/CDs) at all banks? Am referring to accounts for a single person not living in Mass. I have read about CDARS ...
by bt365
Fri Jun 05, 2020 10:03 am
Forum: Personal Investments
Topic: Need help with where to put cash reserves(not emergency)
Replies: 17
Views: 1251

Re: Need help with where to put cash reserves(not emergency)

It certainly is not just cost of extra vehicle(s). It costs to insure, maintain (and sometimes store) extra vehicles. That must be factored in as well. Made spreadsheets on vehicles I owned and costs associated with same and it was educational. Rather see assets spent for extra vehicles, vacations, ...
by bt365
Thu May 28, 2020 7:50 am
Forum: Personal Consumer Issues
Topic: Falcon 9 Launch to the International Space Station
Replies: 118
Views: 7626

Re: Falcon 9 Launch to the International Space Station

The Russian people are good, however the Russian government works against America's best interests. Look forward to time US provides support to space station and stops paying Russian government to do so.
by bt365
Thu May 28, 2020 7:37 am
Forum: Personal Investments
Topic: What to do with cash?
Replies: 32
Views: 5179

Re: What to do with cash?

VIO Bank (division of MidFirst Bank) offers 1.5% APY high yield saving account. Of course chasing best yield tempered in that rates may fall at anytime. Many seeking safe parking place for cash, moved into high yield savings account and seen teaser rate fall very next day/less than week later.
by bt365
Thu May 28, 2020 7:29 am
Forum: Investing - Theory, News & General
Topic: Swedroe’s Bond Advice - no total bond index
Replies: 195
Views: 16981

Re: Swedroe’s Bond Advice - no total bond index

OK, (more of?) my own personal views. 1) Fussing about bonds doesn't matter if your portfolio has any "normal" stock allocation in it. The volatility of the portfolio is going to be completely dominated by the stocks. As long as the bonds are intermediate-term or lower, and are of investment grade ...
by bt365
Wed May 27, 2020 1:15 pm
Forum: Personal Investments
Topic: How do I invest for my retired mom?
Replies: 16
Views: 1253

Re: How do I invest for my retired mom?

My ten cents. If mom at 70 is healthy (has longevity in family) and covering her Medicare expenses now, would keep her out of SPIA. The payouts are just to low. How low? In 2000, a 65 y/o woman with 100k lump sum SPIA could receive $740-something a month. Today monthly payout is around $450. I'd hav...
by bt365
Mon May 25, 2020 10:52 am
Forum: Investing - Theory, News & General
Topic: Examples of why NOT to hold individual stocks
Replies: 93
Views: 7778

Re: Examples of why NOT to hold individual stocks

Some inherit individual stock. Not uncommon individual inherited stock may make up more than 5% in ones' portfolio. Was a time (baby boomers remember) when the generals were loved (General Electric, General Motors). GE was Reagan's sugar daddy. GE loved their spokesperson as he said whatever they to...
by bt365
Sat May 23, 2020 2:10 pm
Forum: Personal Investments
Topic: Annuity?
Replies: 38
Views: 2628

Re: Annuity?

Just bought a 2%, 3yr MYGA from Mass Mutual in our IRA's. Little downside if you know you won't need the money for the period. It is basically just like a CD, but surrender charges are a lot worse than early withdrawal penalties. In my case 7% of the balance withdrawn. You're allowed 10% withdrawal...
by bt365
Thu May 21, 2020 12:23 pm
Forum: Personal Consumer Issues
Topic: Safely disinfecting frozen food packages from corona virus?
Replies: 51
Views: 3781

Re: Safely disinfecting frozen food packages from corona virus?

Sure. Do all these disinfecting things with food packages brought into the house, but honestly it is next to impossible to decontaminate 100%. Sooner or later there will be cross-contamination during course of all of this washing/disinfecting. Nonetheless we do the best we can, but be realistic. Som...
by bt365
Tue May 19, 2020 1:41 pm
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 6877

Re: Discarding Music CDs

Wow, you do realize CD quality is a pretty low bar you would ever want to subject your ears to interpret sound waves to. Though, I suppose the CD has an advantage in that you won't hear pops and crackles on a poorly maintained LP, CD quality is pretty abysmal. I wouldn't worry about tossing that gar...
by bt365
Mon May 18, 2020 9:20 am
Forum: Personal Consumer Issues
Topic: Help: Update: Advice Getting Hearing Aids? What? What?
Replies: 44
Views: 1767

Re: Help: Any Problems or Pitfalls or Advice When it Comes to Getting Hearing Aids? What? What?

I also have bad tinnitus. No advice for hearing aids, but suggestion for hearing TV sound more clearly and at lower volume. You'll need a TV with headphone jack. Many TV's have one, many do not. If your TV has a headphone jack, purchase set of noise-cancelling headphones. Most of the newer noise-can...
by bt365
Sun May 10, 2020 12:37 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4469
Views: 1260965

Re: What Book Are You Currently Reading? Part VI

Like to switch among 3-4 books until I finish all.
Currently reading through these:
- The Catskills from Wilderness to Woodstock, Alf Evers
- Being Mortal, Atul Gawande
- Cannery Row, John Steinbeck
- Plath Poems, Sylvia Plath
by bt365
Sat May 09, 2020 2:17 pm
Forum: Personal Investments
Topic: Recession coming (?) any change in investments?
Replies: 82
Views: 7247

Re: Recession coming (?) any change in investments?

No one knows when the cure will surface, but I have a feeling it is going to be pretty quick. We have great medicine, scientists, doctors, etc... I wouldn't bet against those folks. I agree not everyone invests for future generations, but a lot of investors do so they simply ignore the noise and kee...
by bt365
Fri Apr 24, 2020 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Premium Questions
Replies: 18
Views: 1293

Re: Medicare Premium Questions

Last year was planning on plan G, but not first year. Maybe 2022 or later. Changing medigap plans is one of the gotchas. Unless You are very healthy, insurance company can turn you down or charge you a higher premium if you change medigap plans. [/quote] Was planning to start from get-go with Medig...
by bt365
Thu Apr 23, 2020 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Premium Questions
Replies: 18
Views: 1293

Re: Medicare Premium Questions

My nut if rates don't rise in 2021: $462.70 x 12 = $5552.40 Plus add part D costs The deductibles we all pay. Anything else not covered, I pay out-of-pocket. Have friend in Canada and acquaintance outside London. They bristle when we talk about this. Last year was planning on plan G, but not first y...
by bt365
Thu Apr 23, 2020 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Premium Questions
Replies: 18
Views: 1293

Re: Medicare Premium Questions

Thanks so much everyone.
With dad in hospital, mom having issues - lots of stressors.
Nonetheless must attend to my needs as well.
Stay safe out there!
by bt365
Thu Apr 23, 2020 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Premium Questions
Replies: 18
Views: 1293

Re: Medicare Premium Questions

General advice...get a copy of Medicare for Dummies. It's an invaluable resource. Purchased Medicare For The Lazy Man 2020 by Douglas B. Jones months ago, but must have missed something, or Mr.Douglas did not include that piece of information. It wouldn't have mattered though, being I sold the asse...
by bt365
Thu Apr 23, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Premium Questions
Replies: 18
Views: 1293

Re: Medicare Premium Questions

They look back two years so it impacts just one year. There is a form to waive the IRMAA (SSA-44) as I recall) but I'm not sure you would get it waived as it (selling stock) was not a life changing event. Read the instructions on line. I have read that list, and none applicable to my situation. Won...
by bt365
Thu Apr 23, 2020 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Premium Questions
Replies: 18
Views: 1293

Re: Medicare Premium Questions

The high 2019 MAGI will only impact one year’s (2021?) Medicare premiums (including IRMAA). Thank you. By 2021? were you referring to year I may be enrolling in Medicare? Anyway, learned lesson to spread capital gains out over years to keep AGI down. Feel relief sold when I sold before Covid-19 mar...
by bt365
Thu Apr 23, 2020 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Premium Questions
Replies: 18
Views: 1293

Medicare Premium Questions

Posting a few Medicare questions here. If not appropriate, moderator delete this post, and redirect me to proper area. As some likely know, Medicare/SS offices closed. Phone calls not answered. Heard from others they to cannot get through also. My questions concern the IRMAA surcharge of which I fal...
by bt365
Wed Apr 22, 2020 8:02 am
Forum: Personal Investments
Topic: VG cut MM rates Apr 20
Replies: 18
Views: 2487

Re: VG cut MM rates Apr 20

Munir wrote:
Wed Apr 22, 2020 7:59 am
bt365 wrote:
Wed Apr 22, 2020 7:53 am
Marcus (sic) high yield savings account. Had one week before dropped from 1.7 to 1.5. Going in expected it though.
Marcus Online Savings is currently at 1.55%.
Thanks. I'll take look at what's going on over there, though not sweating over .05%
by bt365
Wed Apr 22, 2020 7:53 am
Forum: Personal Investments
Topic: VG cut MM rates Apr 20
Replies: 18
Views: 2487

Re: VG cut MM rates Apr 20

High yield savings account went 1.7 to 1.5 days after moved money there. Expected it though. Wondering if Vanguard MM's will ever break the buck was unthinkable before CV-19. Not now. Cash pot in MM account or (sic) high yield saving account with FDIC backing lets me sleep better.
by bt365
Tue Apr 21, 2020 6:33 pm
Forum: Investing - Theory, News & General
Topic: Neiman Marcus to file for bankruptcy
Replies: 67
Views: 6900

Re: Neiman Marcus to file for bankruptcy

Back in 1980's many department stores offered much the same merchandise with superficial adjustments in visual display and floor layouts. I thought at the time, "doesn't make a lot of sense." Worked as stock boy in Florida department store Jordan Marsh back when teens were expected to help pay for t...
by bt365
Tue Apr 21, 2020 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: will covid 19 destroy senior campuses
Replies: 52
Views: 4403

Re: will covid 19 destroy senior campuses

You have to distinguish between independent living, assisted living, memory care, and long-term care facilities. In all these places, you generally have your own apartment or room; the one exception is long-term care where many live in a shared room because of cost. Also, in most of these places, t...
by bt365
Tue Apr 21, 2020 2:12 pm
Forum: Investing - Theory, News & General
Topic: Neiman Marcus to file for bankruptcy
Replies: 67
Views: 6900

Re: Neiman Marcus to file for bankruptcy

Have part ownership of small commercial building in lower NYS. Past four years have been difficult. NY taxes are big ouch as most know, but tenets are pressing landlords to renegotiate monthly lease payments. Certainly can't speak to other's commercial real estate experiences, but we have been break...
by bt365
Tue Apr 21, 2020 1:25 pm
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 32031

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

Monte Carlo on Vanguard Nest Egg Calculator for my investments show 4 percent withdrawal rate w/ 98 percent chance of success to twenty years out. I don't trust that even if it ran one million simulations. Then there are those pesky life circumstances like assisted living with memory care costs. Aro...
by bt365
Mon Apr 20, 2020 1:15 pm
Forum: Investing - Theory, News & General
Topic: Deflation is everywhere. Get used to it.
Replies: 151
Views: 15059

Re: Deflation is everywhere. Get used to it.

I think we're turning Japanese. Do we also get a delicious fish-based diet and one of the world's longest life expectancies? I’d say diet also includes some Fukushima nuclear waste seasoning :sharebeer Been drinker of Japanese Sencha (and other Japanese teas) and user of Japanese condiments for alm...
by bt365
Mon Apr 20, 2020 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Car Dealers not really wanting to make a deal
Replies: 245
Views: 36076

Re: Car Dealers not really wanting to make a deal

My opinion. Many Americans are hung-up on driving a newer vehicle. Some lease, some buy, and many change their vehicles (end-of-lease or purchase) withing five-to-six years. Reliable, older, well-maintained vehicle means low annual registration tag fee, less cost to insure. Vehicle ownership can ea...
by bt365
Mon Apr 20, 2020 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Car Dealers not really wanting to make a deal
Replies: 245
Views: 36076

Re: Car Dealers not really wanting to make a deal

My opinion. Many Americans are hung-up on driving a newer vehicle. Some lease, some buy, and many change their vehicles (end-of-lease or purchase) withing five-to-six years. Reliable, older, well-maintained vehicle means low annual registration tag fee, less cost to insure. Vehicle ownership can eas...
by bt365
Mon Apr 20, 2020 9:38 am
Forum: Investing - Theory, News & General
Topic: Deflation is everywhere. Get used to it.
Replies: 151
Views: 15059

Re: Deflation is everywhere. Get used to it.

"From a macroeconomics standpoint, the market has risen, but much of this was due to the corporate tax cuts and the buybacks, as mentioned above. How much that has actually benefited the average investor, especially those that haven't sold anything, may not see those great gains. Despite all of the ...
by bt365
Thu Apr 16, 2020 1:43 pm
Forum: Investing - Theory, News & General
Topic: Mr.Random Walk
Replies: 25
Views: 2737

Re: Mr.Random Walk

Got carried away in my OP. Should not post when under stress. Dad went into hospital last night and brother in Phoenix recovering from CV. My brother is much younger than me, and think he'll be OK. We are most worried about Dad as he is almost ninety. Paramedics said it is really crazy past couple w...
by bt365
Thu Apr 16, 2020 10:57 am
Forum: Investing - Theory, News & General
Topic: Mr.Random Walk
Replies: 25
Views: 2737

Mr.Random Walk

Burton Malkiel's Randon Walk book has been mentioned as one belonging in any Boglehead's library. Yesterday in Barron's interview, Mr.Malkiel said he is "worried" about the Total Bond Index Fund. I get what he's saying, on other hand think most Boglehead's view Total Bond as a long term hold, a ball...
by bt365
Tue Apr 14, 2020 4:00 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4002
Views: 305704

Re: Coronavirus and the market

"The U.S. government lost $11.2 billion on its bailout of General Motors Co" My late wife's father left us $12,000 in GM stock and we held it for years (actually I was the fool who suggested holding it). Should have sold those shares and moved after-tax proceeds to our index funds. Lost every bit of...
by bt365
Tue Apr 14, 2020 3:34 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4002
Views: 305704

Re: Coronavirus and the market

Very worrisome times. Fed/Treasury Department doing what they feel they must, yet enormous debts, crippled/closed businesses, etc. not bode well for anyone still working or those in early sequence of returns, and likely those going forward a good bit beyond that, though speculation not worth much. W...
by bt365
Tue Mar 31, 2020 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Those with USAA [who moved to Vanguard]
Replies: 29
Views: 2935

Re: Those with USAA [who moved to Vanguard]

When I look at USAA board of directors and see how many of them actually served in military, I'm disappointed, but it is what it is. Sometimes they over do the patriotism thing, and it seems more marketing than authenticity. Have auto insurance with USAA from teens right through to current retiremen...