Search found 156 matches

by mkatz
Sun Aug 26, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: What to put in a care package for college student
Replies: 44
Views: 2703

Re: What to put in a care package for college student

Money, condoms and a joint; that's what I would have enjoyed receiving.

:happy

Seriously, it doesn't matter what you put, but food is always appreciated l
by mkatz
Sun Apr 08, 2018 12:38 am
Forum: Personal Consumer Issues
Topic: Cost of Dental Implant
Replies: 81
Views: 9690

Re: Cost of Dental Implant

Hello -- I'm a general dentist in NJ -- PLEASE don't go to another country to have this done. I have seen too many cases of failing, poorly done dentistry done in other countries. The patients come back to the US and now have to pay to have things redone. It's awful. Oral surgeons in the Mexican ci...
by mkatz
Sat Apr 07, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Cost of Dental Implant
Replies: 81
Views: 9690

Re: Cost of Dental Implant

Just a comment on the “wisdom” of travelling for dental care of any type. Consider what might be required if a difficulty develops during treatment or as a result of treatment. Your dentist might get sick and have to reschedule at the last minute. A mechanical difficulty might develop during the tre...
by mkatz
Fri Mar 23, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Spoke to a financial advisor yesterday - what do you think he's up to?
Replies: 81
Views: 9067

Re: Spoke to a financial advisor yesterday - what do you think he's up to?

One question: investing across 16 asset classes? Sixteen! SIXTEEN ASSET CLASSES? Is your advisor taking a painting by numbers class?
by mkatz
Mon Feb 05, 2018 11:16 pm
Forum: Investing - Theory, News & General
Topic: Managing a bond portfolio
Replies: 3
Views: 471

Re: Managing a bond portfolio

It is precisely my belief that more risk is required. Given the additional .5% overhead and claimed reduced duration, I suspect that the additional risk in comparison to BND must be significant. By the way, to accomplish this miraculous (increased return without increased risk) a portfolio of indivi...
by mkatz
Mon Feb 05, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: Managing a bond portfolio
Replies: 3
Views: 471

Managing a bond portfolio

I owe most of my investment beliefs to this Bogleheads forum (and to reading lots of Bogleheads recommended books). My understanding is that anticipated bond returns (whether held in the form of discrete bonds or mutual funds) is dependant upon duration and quality, less management expenses and taxe...
by mkatz
Fri Jan 26, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: Opinion - is snopes.com generally reliable and unbiased?
Replies: 18
Views: 1475

Re: Opinion - is snopes.com generally reliable and unbiased?

I believe it generally to be reliable. I query it and cite it when I wish to enlighten one of my "fake news" purveying friends.
by mkatz
Wed Nov 01, 2017 1:49 am
Forum: Personal Consumer Issues
Topic: Portugal Trip, any suggestions?
Replies: 38
Views: 2983

Re: Portugal Trip, any suggestions?

One truly amazing tour that my wife and I went on when we visited Porto "the worst tours" (theworsttours.weebly.com). Truly interesting, an assessment repeated by a number of our friends who subsequently took the tour.
by mkatz
Mon Aug 07, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Medical Coverage Outside US
Replies: 45
Views: 4478

Re: Medical Coverage Outside US

Victoria: Good thought!

Off topic: if you ever have a medical emergency, Singapore is the place to have it.
by mkatz
Sat Aug 05, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Medical Coverage Outside US
Replies: 45
Views: 4478

Re: Medical Coverage Outside US

Wife and I are going to Canada on July 29th. We have Medicare Part A and B, Supplement Plan F and Medicare Part D. What do we do if we get sick and need treatment and prescription drugs while in Canada? Do we pay for it and get reimbursed later? Or do we just show proof of coverage and they file cl...
by mkatz
Thu Jun 01, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have a bucket to pay your mortgage or pay from core?
Replies: 36
Views: 3522

Re: Do you have a bucket to pay your mortgage or pay from core?

I never saw any sense in dividing my assets into "buckets". Using a bucket approach just complicates investment decisions. I am aware of anticipated 6-12 month expenditures and keep cash more than sufficient to cover in an effort to reduce the probability of having to sell during a severe market dow...
by mkatz
Mon Apr 10, 2017 11:29 am
Forum: Personal Consumer Issues
Topic: Online high school
Replies: 38
Views: 3562

Re: Online high school

That's a little harsh. After all, the OP placed his query this morning. Please give hime time too read and "digest" the responses before you reasonably expect a response from him. I'm not sure if you are responding to me, but if so, you should look at posts #1,2,3,5 at the inception of the thread p...
by mkatz
Sun Apr 09, 2017 10:11 pm
Forum: Personal Consumer Issues
Topic: Online high school
Replies: 38
Views: 3562

Re: Online high school

That's a little harsh. After all, the OP placed his query this morning. Please give hime time too read and "digest" the responses before you reasonably expect a response from him.
by mkatz
Wed Mar 15, 2017 11:55 pm
Forum: Personal Consumer Issues
Topic: Cost of Dental Implant
Replies: 81
Views: 9690

Re: Cost of Dental Implant

It seems to me that an appropriate response to this query requires the offering of medical advice. That's prohibited in this forum. Every situation is unique. Fees should vary as a function of anatomic, medical and psychological conditions and as a function of aesthetic and functional desires. To of...
by mkatz
Mon Feb 20, 2017 11:27 pm
Forum: Personal Consumer Issues
Topic: Vietnam
Replies: 31
Views: 3606

Re: Vietnam

I'm from VN. Take me with you and I'll show you around. Lol. Actually, that might be of interest. I've been to Vietnam twice and envision going back. Past trips were limited to approximately a week each. Now that I'm retired, I have time for longer trips. On both of my trips I found Vietnamese peop...
by mkatz
Fri Jun 17, 2016 6:56 pm
Forum: Personal Consumer Issues
Topic: Any motorcyclists here? - First road trip
Replies: 33
Views: 3582

Re: Any motorcyclists here? - First road trip

Regarding "jeans": I used to ride a lot and have "gone down" a few times. Shit happens. One thing to think about is the minimal abrasion resistance provided by regular jeans. If you go down and slide, the roadway will eat through that fabric in about ten feet. Broken bones usually heal; skin abrasio...
by mkatz
Mon Apr 25, 2016 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Finding my mom a financial advisor
Replies: 25
Views: 2950

Re: Finding my mom a financial advisor

[quote * A good surgeon will never operate on her spouse. Taylor With this one statement I must most respectfully disagree. As the most competent surgical specialist in my field in my community by far, when it was time to treat my wife I felt that I would be doing he a disservice if I were to allow...
by mkatz
Mon Feb 22, 2016 7:24 pm
Forum: Personal Consumer Issues
Topic: Bad customer experience or am I being unrealistic?
Replies: 30
Views: 5141

Re: Bad customer experience or am I being unrealistic?

You're comparatively lucky. CITI "misplaced" a $2700 bank transfer and therefore penalized me for missing a payment... plus interest. It took five phone calls, two faxes direct interaction twice with my bank's representative and four emails over the course of a month before their reps located the p...
by mkatz
Mon Feb 22, 2016 1:24 am
Forum: Personal Consumer Issues
Topic: Bad customer experience or am I being unrealistic?
Replies: 30
Views: 5141

Re: Bad customer experience or am I being unrealistic?

You're comparatively lucky. CITI "misplaced" a $2700 bank transfer and therefore penalized me for missing a payment... plus interest. It took five phone calls, two faxes direct interaction twice with my bank's representative and four emails over the course of a month before their reps located the pa...
by mkatz
Fri Jan 29, 2016 1:12 am
Forum: Personal Finance (Not Investing)
Topic: Gift Tax Exclusion
Replies: 8
Views: 771

Re: Gift Tax Exclusion

3. If the amount of the penalty were only $135/return I'd not be concerned. My fear was being hit with penalties based on a significant percentage of the total amount gifted ($350K or so). Per the Bogleheads terms of service, we're supposed to discuss following the applicable laws, so I think regar...
by mkatz
Fri Jan 29, 2016 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Gift Tax Exclusion
Replies: 8
Views: 771

Re: Gift Tax Exclusion

Additional information: 1. we have not been claiming my son as a dependent. He'd long moved away from home and was self supporting before embarking on his new educational endeavor. 2. with respect to payment of tuition ($25K or so annually for 6 years) we transferred funds into his account which he ...
by mkatz
Thu Jan 28, 2016 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Tax Exclusion
Replies: 8
Views: 771

Gift Tax Exclusion

My wife and I are indulgent parents. While our very slowly maturing (emotionally) son was going through years after year as a student (now has a PhD :sharebeer in a field with poor employment prospects :( ), we supported him (tuition and living expenses in a foreign country) with an amount far in ex...
by mkatz
Wed Jan 13, 2016 1:15 am
Forum: Investing - Theory, News & General
Topic: Much better approach than traditional AA ratios if you have enough?
Replies: 39
Views: 5245

Re: Much better approach than traditional AA ratios if you have enough?

This is essentially what Dr. Bernstein's proposed and it makes a lot of sense. When you use the term buckets it will drive people crazy since their have been many discussions about bucket theory and complicated and perhaps discredited schemes. I basically use this approach. I have 1 portfolio. I ke...
by mkatz
Tue Dec 29, 2015 11:47 pm
Forum: Personal Consumer Issues
Topic: Funeral costs
Replies: 76
Views: 11756

Re: Funeral costs

Curbside Service : I've told my family that when I die I want to be put into a large plastic garbage bag and placed curbside for pickup. I find abhorrent the idea of having my family/friends pay thousands to take out what is essentially trash. Thus, understanding that what I would prefer is likely ...
by mkatz
Sun Feb 01, 2015 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to fire a client? [software ownership issues]
Replies: 69
Views: 6853

Re: How to fire a client?

My inclination would be simply to be honest with the guy. Send him a certified letter stating that as of a certain date your services will no longer be available. Include statements that you wish not to be contacted at your work numbers under any circumstances. DO NOT attempt to justify to him your ...
by mkatz
Sat Dec 06, 2014 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Am I being cheap? [wedding/engagement ring]
Replies: 192
Views: 14920

Re: Am I being cheap?

I never bought my wife an engagement ring. She did not mmiss having one (as she was getting the man of her dreams). 30+ years later, when we were financially secure, we bought for her the ring that she wanted. Not having an engagement ring did not adversely affect our marriage.
by mkatz
Tue Nov 25, 2014 7:33 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rates - Is the 4% rule still good?
Replies: 84
Views: 10929

Re: Safe Withdrawal Rates - Is the 4% rule still good?

FinancialDave: First, nice article. Thank you for writing and posting it. Second, though I am relying on "instinct" alone, it appears obvious to me that stock market returns are of course influenced by previous year(s) returns as a byproduct of the "reversion to the mean" concept of equity valuation...
by mkatz
Sat Oct 11, 2014 11:18 am
Forum: Personal Consumer Issues
Topic: Wine - how to keep it from not spoiling?
Replies: 57
Views: 5048

Re: Wine - how to keep it from not spoiling?

I've been called "a wine snob". I've been using CORAVIN since shortly after it came on the market. My experience is that with that system i can preserve almost completely the finer aspects of very good bottles of wine for at least several weeks. The product is fairly expensive. Each argon capsule p...
by mkatz
Fri Oct 10, 2014 8:58 pm
Forum: Personal Consumer Issues
Topic: Wine - how to keep it from not spoiling?
Replies: 57
Views: 5048

Re: Wine - how to keep it from not spoiling?

I've been called "a wine snob". I've been using CORAVIN since shortly after it came on the market. My experience is that with that system i can preserve almost completely the finer aspects of very good bottles of wine for at least several weeks. The product is fairly expensive. Each argon capsule pr...
by mkatz
Sun Jul 27, 2014 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: finding an adviser/handholder for wife
Replies: 24
Views: 4541

Re: finding an adviser/handholder for wife

Boxster by myself on track and sharing wine with friends: both make me happy.
by mkatz
Sun Jul 27, 2014 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: finding an adviser/handholder for wife
Replies: 24
Views: 4541

Re: finding an adviser/handholder for wife

Welcome back and I hope recuperation suits you well. I've had 5 general anesthesia surgeries and really never thought about giving my spouse instructions. I did always reward myself with a new game station or larger TV though while recuperating. I suggest you do the same. :) I'm holding out for a P...
by mkatz
Sun Jul 27, 2014 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: finding an adviser/handholder for wife
Replies: 24
Views: 4541

Re: finding an adviser/handholder for wife

Thanks to all who replied. I'm 2 weeks post surgery and mentally fully intact. In process of prolonged recovery. Have time to embellish the written "what if" plan I previously compiled.

Only thing I regret: not finding Bogleheads sooner than I did.

mark
by mkatz
Thu Jul 10, 2014 8:46 pm
Forum: Investing - Theory, News & General
Topic: Do rising rates spell doom for REITS
Replies: 8
Views: 3075

Re: Do rising rates spell doom for REITS

nisiprius wrote:Recap: Rising rates risk REIT reverse? Rarely right. Responsible reasoning reassures readers: research reveals REITS remain relatively robust.

Alliterative, and so nicely stated. Thank you!
by mkatz
Mon Jul 07, 2014 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: finding an adviser/handholder for wife
Replies: 24
Views: 4541

Re: finding an adviser/handholder for wife

What I decided to do: I wrote up in greater detail my investment "philosophy", added sections relating to accessing funds, paying bills and moving cash (proceeds from dividends, distributions and sold assets), and identified individuals that my wife can contact for advice if she does so desire when ...
by mkatz
Mon Jun 30, 2014 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab Bill Pay
Replies: 11
Views: 1560

Re: Schwab Bill Pay

tomd37 wrote:Mkatz from New Mexico? Just curious.

Nah: portland, oregon by way of bakersfield, california, boston and new york.
by mkatz
Mon Jun 30, 2014 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab Bill Pay
Replies: 11
Views: 1560

Re: Schwab Bill Pay

I use it... like it... simple... reliable... accurate. What more are you looking for?
by mkatz
Mon Jun 30, 2014 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Who do you talk with about your financial goals?
Replies: 158
Views: 14420

Re: Who do you talk with about your financial goals?

I never have had much in the way of financial goals (dollars to accumulate or annual figure to spend/save) except to live within my means. As my wife's parents and mine (financially blue collar at best) lived quite frugally, my wife and I had good role models. At least until we were in our late fort...
by mkatz
Mon Jun 30, 2014 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: finding an adviser/handholder for wife
Replies: 24
Views: 4541

Re: finding an adviser/handholder for wife

It may be "just a suggestion" but, I think it is a very good suggestion. Thank you!
by mkatz
Fri Jun 27, 2014 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: My investments are a disaster
Replies: 55
Views: 7882

Re: My investments are a disaster

One question: you mentioned that your husband's pension is 120K annually. Will payments be made to you after his death?
by mkatz
Tue Jun 24, 2014 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: finding an adviser/handholder for wife
Replies: 24
Views: 4541

Re: finding an adviser/handholder for wife

First, thanks all for your "wishes", information and advice. I believe those who suggested that I "have the talk" rather than relying on a letter were right. I will so proceed. With respect to engaging the services of a financial manager who would reposition our existing portfolio, I would have two ...
by mkatz
Mon Jun 23, 2014 12:55 am
Forum: Personal Finance (Not Investing)
Topic: finding an adviser/handholder for wife
Replies: 24
Views: 4541

finding an adviser/handholder for wife

I live happily in Portland, Oregon. My financial affairs are pretty much in order (including will, family trust, wife's IRA, my IRA, joint investment and checking accounts). I'm scheduled to undergo some extensive surgery in a few weeks. I'm in the process of creating an instruction letter for my wi...
by mkatz
Mon Jun 16, 2014 9:31 pm
Forum: Personal Consumer Issues
Topic: car repair ordeal
Replies: 21
Views: 3319

Re: car repair ordeal

why take it to "the insurance company's preferred shop"?
by mkatz
Thu Jun 12, 2014 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Is it really necessary to have a bank account?
Replies: 36
Views: 4672

Re: Is it really necessary to have a bank account?

I have a travel checking account for free, too, so that I do not need to use my "workhorse" checking account when using an ATM when I travel. This is justification enough to have a checking account (and attached ATM card) with limited funds at an institution other than the one that has our invested...
by mkatz
Tue Jun 10, 2014 10:34 pm
Forum: Personal Consumer Issues
Topic: A $1000 lesson on how manipulative salespeople can be?
Replies: 107
Views: 20882

Re: A $1000 lesson on how manipulative salespeople can be?

I think salespeople rely on expectations of politeness. Can you imagine what would happen if someone said "I think you're being pushy and I find you annoying" to the salesperson? Of course, most people would never say that ... i've said that... numerous times. If I feel "pushed", i feel it my prero...
by mkatz
Thu Jun 05, 2014 7:30 pm
Forum: Investing - Theory, News & General
Topic: Which is superior? Slice & Dice or [Total Market]?
Replies: 48
Views: 4825

Re: Which is superior? Slice & Dice or [Total Market]?

Here is something to keep in mind: It is usually easier to add new slices to a three-fund portfolio than it is to remove slices from a sliced portfolio. So you could always hold a three-fund portfolio for now and keep reading. If you feel good about adding a tilt later on, you can always do that. I...
by mkatz
Thu Jun 05, 2014 12:26 am
Forum: Investing - Theory, News & General
Topic: Changed asset allocation from 60/40 to 50/50 today
Replies: 56
Views: 7392

Re: Changed asset allocation from 60/40 to 50/50 today

1. Why don't we go ultra-conservative? ANSWER: we have kids thus bequest motive, and also I just don't like the idea of sacrificing much of potential portfolio value just for the last .1% of "safety". And we are relative cheapskaterelistically is quite small.s (our cars are 6+ years old, and not lux...
by mkatz
Wed Jun 04, 2014 10:09 pm
Forum: Investing - Theory, News & General
Topic: Schwab: interesting failure that can cost clients $
Replies: 19
Views: 4210

Re: Schwab: interesting failure that can cost clients $

Now one can change... which makes sense as tax implications of asset sales depends on the asset being sold rather than history of other assets being sold.
by mkatz
Tue Jun 03, 2014 5:37 pm
Forum: Investing - Theory, News & General
Topic: Schwab: interesting failure that can cost clients $
Replies: 19
Views: 4210

Re: Schwab: interesting failure that can cost clients $

Arts Doctor: I have similar experiences (and that is not to say that I believe the other houses are necessarily better. some are, some are not). I posted because I hope that by doing so I can save others some heartbreak. I did have a long conversation (or rant) with one of the Schwab line managers w...
by mkatz
Tue Jun 03, 2014 5:32 pm
Forum: Investing - Theory, News & General
Topic: ETF vs Mutual Fund? just noticed
Replies: 5
Views: 1030

Re: ETF vs Mutual Fund? just noticed

Thank you all! Livesoft: I did look into the trade "after hours". Wow! I wasn't aware of that. Springman: you're right! (Typing: not my forte) OGD: regarding trade/exchange being permitted one way - good advice! I just wish Schwab allowed me to buy Vanguard's Admiral shares. Bogleheads: a great sour...
by mkatz
Tue Jun 03, 2014 5:05 pm
Forum: Investing - Theory, News & General
Topic: Schwab: interesting failure that can cost clients $
Replies: 19
Views: 4210

Schwab: interesting failure that can cost clients $

Quite by accident I found today that my "Cost Basis Method" was not what I thought it was and wanted it to be. That has cost me tens of thousands of dollars in Federal Tax liabilities over that past two years. The problem occurred when I transferred assets from one of mys account into another (in th...