Search found 307 matches

by V572625694
Sat May 26, 2012 7:15 pm
Forum: Personal Investments
Topic: What impact does your health have on financial decision?
Replies: 29
Views: 2968

Re: What impact does your health have on financial decision?

I found it a lot easier to calculate the required nest egg size if after I ran a couple of reasonably detailed life expectancy calculators that produced approximately the same expected age of death (about 89). Of course that's not a guaranteed date of departure, but it at least makes planning possib...
by V572625694
Sat May 26, 2012 11:11 am
Forum: Personal Consumer Issues
Topic: Walkable or bike-friendly cities for retirement
Replies: 74
Views: 7312

Re: Walkable or bike-friendly cities for retirement

You might not expect this in southern California, but downtown San Diego is very walkable, has two chain supermarkets, Horton Plaza (with Nordstrom, Macy's etc) for general shopping, Copley Symphony Hall for classical music and several venues for other types of music. The Gaslamp Quarter is an "...
by V572625694
Wed May 23, 2012 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Must I move to another state so I can prosper?
Replies: 38
Views: 7376

Re: Must I move to another state so I can prosper?

The OP's question highlights two factors contributing to our current unemployment rate: (1) Better jobs may be available elsewhere but many people would rather have the comforts only available in the communities they grew up in. (2) A lot of people are having a difficult time letting go of the mista...
by V572625694
Sat May 19, 2012 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Annuity pros and cons ?
Replies: 23
Views: 2693

Re: Annuity pros and cons ?

My mother in law obtained two USAA fixed annuities around the time of the financial crisis. I'm glad she got them then because I believe those offered today are less generous (probably from lower growth and lower interest rate projections) Just curious: when you get an annuity from USAA are they ac...
by V572625694
Sat May 19, 2012 4:57 pm
Forum: Personal Consumer Issues
Topic: Best method to patch drywall
Replies: 10
Views: 1357

Re: Best method to patch drywall

Yeah the mesh, then spackling , sand, paint. They make these adhesive backed pads that you can cut to fit, that are pretty neat. They are mesh faced and thin metal sheet backing, The advantage is they are more solid and will have a smaller repair profile. I've used these and they're faster, easier ...
by V572625694
Wed May 16, 2012 6:56 pm
Forum: Personal Consumer Issues
Topic: looking for help with roof leak problem
Replies: 8
Views: 1649

Re: looking for help with roof leak problem

As kenschmidt says, roof leaks can be very frustrating to diagnose. Here are some hard-learned suggestions/tips: (1) The water doesn't necessarily appear on the inside immediately below or adjacent to the point of entry on the outside—it can travel horizontally along framing members in wall and ceil...
by V572625694
Mon May 14, 2012 9:38 am
Forum: Investing - Theory, News & General
Topic: EU & Euro collapse vs. Retirement Portfolio
Replies: 16
Views: 1906

Re: EU & Euro collapse vs. Retirement Portfolio

Thanks to all. I feel better know.
by V572625694
Sun May 13, 2012 7:32 pm
Forum: Investing - Theory, News & General
Topic: EU & Euro collapse vs. Retirement Portfolio
Replies: 16
Views: 1906

Re: EU & Euro collapse vs. Retirement Portfolio

I'm worried too, as my equities are 25% VEU (FTSE all World Ex US) and 5% VSS (FTS all-World Ex US Small Cap). It's tempting to consider getting out of them when you read this: http://krugman.blogs.nytimes.com/2012/05/13/eurodammerung-2/ I'd welcome anything to lessen my urge to time the market like...
by V572625694
Sat May 12, 2012 11:26 am
Forum: Personal Consumer Issues
Topic: E-Readers & Tablets Revisited
Replies: 64
Views: 7306

Re: E-Readers & Tablets Revisited

Just got back from a week-long trip overseas using an iPad 2 as the only computer. It's a very good book reader, although the books are almost as expensive as their dead-tree versions. It's also good for checking email. It may be good for downloading files to read later, although I couldn't figure o...
by V572625694
Fri May 11, 2012 9:25 am
Forum: Personal Consumer Issues
Topic: High End Ranges - Viking vs. Wolf
Replies: 35
Views: 15914

Re: High End Ranges - Viking vs. Wolf

At the behest of her architect, my SO installed a Viking range some years ago, and I must say it looked and functioned as if designed and built by a high-school shop class. Big ugly screwheads exposed all over it, knobs arranged insanely so you can never tell which oven or burner you've just turned ...
by V572625694
Thu May 10, 2012 11:21 pm
Forum: Investing - Theory, News & General
Topic: Couple of quotes from "The House that Bogle Built"
Replies: 1
Views: 426

Couple of quotes from "The House that Bogle Built"

Recently read the whole book on a long trip and found it interesting, even if it was an odd mix of biography, investing theory, history and the author's personal opinions. McNabb vs Bogle on what "Vanguard" really is: “Vanguard’s shareholders really do own The Vanguard Group,” Bogle says. ...
by V572625694
Mon Apr 30, 2012 8:40 am
Forum: Personal Finance (Not Investing)
Topic: "My Faith-Based Retirement" by Joe Nocera, NYT
Replies: 143
Views: 12998

Re: "My Faith-Based Retirement" by Joe Nocera, NYT

The solution to both retirement funding and preserving the consumer economy would be to expand SS to provide not merely the minimum level of living in retirement, but an adequate level. We are getting into politics here, but with our country's current deficit problems, I think your solution is not ...
by V572625694
Sun Apr 29, 2012 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: "My Faith-Based Retirement" by Joe Nocera, NYT
Replies: 143
Views: 12998

Re: "My Faith-Based Retirement" by Joe Nocera, NYT

reggiesimpson wrote:Chile has a privatized SS......makes sense.
Make sense as long as you don't ask the Chileans:

http://www.nytimes.com/2005/01/27/busin ... nsion.html
by V572625694
Sun Apr 29, 2012 10:52 am
Forum: Personal Finance (Not Investing)
Topic: "My Faith-Based Retirement" by Joe Nocera, NYT
Replies: 143
Views: 12998

Re: "My Faith-Based Retirement" by Joe Nocera, NYT

If personal finance became a school requirement, the instructors would have to be certified financial professionals. Many financial advisers do more harm than good, as exemplified by numerous messages in this Forum. All sorts of people teach things in school they don't necessarily have the full pro...
by V572625694
Wed Apr 25, 2012 5:44 pm
Forum: Personal Consumer Issues
Topic: yellowstone trip -stay in park or out of park?
Replies: 29
Views: 3246

Re: yellowstone trip -stay in park or out of park?

Rodc wrote:If you stay outside might want to book a night or two at the Old Faithful Lodge. If not, at least come in a look around, maybe make a dinner reservation.
There's a room on the second floor of the Lodge that has a large balcony overlooking the canyon. Amazing view, delightful experience.
by V572625694
Mon Apr 23, 2012 11:08 am
Forum: Personal Investments
Topic: TIPS fund in IRA?
Replies: 11
Views: 1357

Re: TIPS fund in IRA?

Thanks for all the helpful replies. I believe I'll switch the IRA to VCIT (Intermediate Term Corporate Bond ETF) and an equivalent amount of VBILX in the taxable account to VAIPX, and perhaps the remainder of the VBILX to VGIT (the Intermediate Term Government Bond ETF).
by V572625694
Sat Apr 21, 2012 6:45 pm
Forum: Personal Investments
Topic: TIPS fund in IRA?
Replies: 11
Views: 1357

TIPS fund in IRA?

I've been keeping about 25% of my fixed-income assets (15% of my overall holdings) in an IRA. This is all the sheltered space I have. Right now it's all in VAIPX, the VG TIPS fund. I'm beginning to wonder if I other bond funds might be a better fit. The other bond funds I'm in are VCADX (CA municipa...
by V572625694
Sat Apr 21, 2012 11:12 am
Forum: Personal Investments
Topic: Costco/Intuit 401k Vs Vanguard 401k : Help Me Choose
Replies: 7
Views: 3573

Re: Costco/Intuit 401k Vs Vanguard 401k : Help Me Choose

Our company's 401(k) was with Vanguard, first directly with them and then through Employee Fiduciary. Neither had a "wrap fee," which it looks like Costco/QB do, which is a big negative in my view, no matter how low it seems. EF has flat fees which stay the same no matter how large the 401...
by V572625694
Thu Apr 19, 2012 2:47 pm
Forum: Personal Consumer Issues
Topic: Hobby Suggestions for an Urban Condo Renter
Replies: 28
Views: 2930

Re: Hobby Suggestions for an Urban Condo Renter

I live in a condo and found I enjoy small woodworking projects done mostly with hand tools. With no motor-driven blades generating sawdust at a furious clip, the cleanup is easy. It's a real test of my craftsmanship to see if I can saw a board straight and square by hand. Warning: this can easily ev...
by V572625694
Wed Apr 18, 2012 3:53 pm
Forum: Personal Investments
Topic: Smartest Financial Move You Ever Made
Replies: 139
Views: 20531

Re: Smartest Financial Move You Ever Made

In 2006 I hired a new office manager who was a Vanguard enthusiast, and she provided the impetus to move our 401(k) from Transamerica to VG. That was good for the employees, but what was good for me was learning about the whole culture of low-cost investing—can't remember if I discovered this forum ...
by V572625694
Sat Mar 31, 2012 10:56 am
Forum: Investing - Theory, News & General
Topic: NY Times on choosing an "active" investment manager
Replies: 5
Views: 654

NY Times on choosing an "active" investment manager

http://www.nytimes.com/2012/03/31/your-money/what-to-look-for-in-an-active-investment-manager.html?_r=1 They report; you decide. Investors are asking the wrong question when they argue whether active or index funds are better, said Aaron Gurwitz, chief investment officer at Barclays and one of the a...
by V572625694
Sun Mar 25, 2012 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Books on behavioral finance?
Replies: 20
Views: 2013

Re: Books on behavioral finance?

Taleb's Fooled by Randomness is partly about this subject, in an idiosyncratic and entertaining way.
by V572625694
Sat Mar 24, 2012 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Why does anyone use American Express?
Replies: 146
Views: 294647

Re: Why does anyone use American Express?

An AMEX "Platinum" card grants you access to most airline clubs, which has been worth it to me.
by V572625694
Sat Mar 24, 2012 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Strange meeting with a Merrill Lynch 'financial advisor'
Replies: 70
Views: 8522

Re: Strange meeting with a Merrill Lynch 'financial advisor'

Rob5TCP wrote:There are good advisers out there.
They probably aren't spending their days cold-calling.
by V572625694
Wed Mar 14, 2012 3:07 pm
Forum: Personal Consumer Issues
Topic: Want a privacy fence, how to approach neighbor
Replies: 32
Views: 11159

Re: Want a privacy fence, how to approach neighbor

This book from Nolo Press is well worth downloading and reading: http://www.nolo.com/products/neighbor-law-NEI.html Seemingly rational neighbors can become seemingly deranged about a fence. What you intend as a property improvement they might perceive as an intolerable infringement on their property...
by V572625694
Wed Mar 14, 2012 2:50 pm
Forum: Investing - Theory, News & General
Topic: Another investment meant to be sold and not bought
Replies: 12
Views: 2131

Re: Another investment meant to be sold and not bought

In my former business (selling consulting services to the federal government) factoring your receivables was the last step before bankruptcy. Hard to believe investing in this would be anything but a high-risk plunge into the unknown.
by V572625694
Tue Mar 13, 2012 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: "Refresh with current values"--Why?
Replies: 2
Views: 504

"Refresh with current values"--Why?

A search didn't turn up any previous versions of this question, so: Why, by default, do you have to click on "Refresh with current values" in order to see the those values for stocks and ETFs on Vanguard's site? Shouldn't the default view be one of current values, even if with a 20-minute ...
by V572625694
Sun Mar 11, 2012 2:49 pm
Forum: Investing - Theory, News & General
Topic: Mel: "No More Clownin Around: It's a Zero Sum Game."
Replies: 18
Views: 3885

Re: Mel: "No More Clownin Around: It's a Zero Sum Game."

The sophistry in Solow's "The Real Clowns" rebuttal (http://www.pinnacleadvisory.com/2011/12 ... al-clowns/) is breath-taking: The second point — that there is no proof that active management really works — is absolutely true. Of course, there is also no proof that active management, as pr...
by V572625694
Sun Mar 11, 2012 2:04 pm
Forum: Investing - Theory, News & General
Topic: When is active investing appropriate?
Replies: 10
Views: 1302

Re: When is active investing appropriate?

Index investors are betting that a "greater fool" will tinker and speculate - and sometimes strike it rich, growing the economy... Not sure that speculation enlarges ("grows") the economy, even if it makes the successful speculator wealthier. IPOs do, perhaps, in that they enabl...
by V572625694
Sun Mar 11, 2012 1:57 pm
Forum: Investing - Theory, News & General
Topic: thank you
Replies: 8
Views: 1047

Re: thank you

Best benefit for me was getting through the 2008-09 slump/crash/dip without capitulation, thanks to the encouragement and sensible advice found here. I still found a way to make some mistakes, but not The Big One.
by V572625694
Sat Mar 10, 2012 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone heard of Integer Wealth Management?
Replies: 3
Views: 784

Re: Anyone heard of Integer Wealth Management?

Any chance you mean Integer Wealth Advisors ? If so, Google can locate them rather easily. Out of curiosity, I searched for pages within that domain with the term "401" in them, and got a fair number of hits, including the following. http://www.integerwealth.com/home.asp Hope this helps. ...
by V572625694
Sat Mar 10, 2012 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone heard of Integer Wealth Management?
Replies: 3
Views: 784

Anyone heard of Integer Wealth Management?

My former company's new owner has been reeled in by rep from this firm. The rep has convinced him the company's 401(k) sponsor (the new owner) needs help to avoid a Department of Labor audit, or an employee lawsuit alleging failure to execute fiduciary responsibility over the plan, or failure to dis...
by V572625694
Sun Mar 04, 2012 9:55 pm
Forum: Personal Consumer Issues
Topic: Notebook vs. Tablet
Replies: 59
Views: 5809

Re: Notebook vs. Tablet

Get a tablet with a Bluetooth keyboard. Typing on a screen is not particularly fun. Make sure you can tether it with your phone so you can get Internet everywhere. If you have a home computer on, you can always remote back into it using something Splashtop to get whatever you need back home. I find...
by V572625694
Sun Mar 04, 2012 5:49 pm
Forum: Personal Consumer Issues
Topic: Toyota Prius Info
Replies: 38
Views: 3706

Re: Toyota Prius Info

Those who say the Prius is not a "driver's car" are correct, in my experience—I traded a Porsche 911 in on a 2011 Prius Five, believe it or not. On the rare occasions when I could use the Porsche's power and handling, it was great (and somewhat scary) fun. But such opportunities are rarer ...
by V572625694
Sat Mar 03, 2012 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Wealth of 1.8 million Americans tops $2M
Replies: 40
Views: 7383

Re: Wealth of 1.8 million Americans tops $2M

Anyone else find this irritating in a publication putatively knowledgeable about financial matters? The most commonly held assets among high-net-worth individuals? Real estate, stocks and various retirement assets such as IRAs and annuities. What asset class do IRAs fall in? And do these HNWs not ha...
by V572625694
Mon Feb 27, 2012 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Get rid of cash?
Replies: 20
Views: 2996

Get rid of cash?

Article in "Slate" http://www.slate.com/articles/business/cashless_society/2012/02/david_wolman_s_the_end_of_money_reviewed_.single.html#pagebreak_anchor_2 Cash is ridiculous. Like hugging or shaking hands, money is one of those social constructs that you’re better off never thinking about...
by V572625694
Tue Feb 21, 2012 8:25 pm
Forum: Forum Issues and Administration
Topic: HAPPY 5TH BIRTHDAY BOGLEHEADS FORUM
Replies: 30
Views: 3270

Re: HAPPY 5TH BIRTHDAY BOGLEHEADS FORUM

Like all the previous posters I'm very grateful for this forum. The support for staying the course during the oh-so-difficult 2008-09 period was particularly valuable.
by V572625694
Tue Feb 21, 2012 8:02 pm
Forum: US Chapters
Topic: JACK BOGLE'S MESSAGE TO BH: Two Birthdays!
Replies: 56
Views: 8213

Re: JACK BOGLE'S MESSAGE TO BH: Two Birthdays!

A lot of people hope to make a positive difference in their lives; by inventing the index fund and creating Vanguard, Mr Bogle really did that for so many of us. Happy birthday!
by V572625694
Tue Feb 21, 2012 7:09 pm
Forum: Investing - Theory, News & General
Topic: Need References for Employee Fiduciary
Replies: 4
Views: 570

Re: Need References for Employee Fiduciary

We moved the company's plan to EF when Vanguard dumped small 401(k)s a few years back, and on the whole I've been very satisfied with the service, responsiveness and prices. They tell you the full price of things in advance. I wasn't thrilled about a 30-day "blackout period" during the cha...
by V572625694
Thu Feb 16, 2012 12:11 am
Forum: Investing - Theory, News & General
Topic: SPIA. What am I missing in this quote?
Replies: 10
Views: 1104

Re: SPIA. What am I missing in this quote?

nisiprius wrote:You have to declare what you think an acceptable "failure rate" is; I'll say it really shouldn't be higher than the chances of rolling snakeeyes, about 3%. If I go to the Vanguard calculator
Thanks for this. Very useful!
by V572625694
Tue Feb 14, 2012 5:24 pm
Forum: Investing - Theory, News & General
Topic: Numeracy, Financial Literacy, and Financial Decision-Making
Replies: 59
Views: 4156

Re: Numeracy, Financial Literacy, and Financial Decision-Mak

I think 50% of the people in this country can't add and the other 3/4 are only a little bit better. Ha! It does seem amazing how many people are willing to freely admit, "I'm no good at math." You seldom if ever hear anyone say, "I'm no good at reading." Almost all of the "...
by V572625694
Mon Feb 13, 2012 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Treasury Department to facilitate 401(k)-to-annuity
Replies: 1
Views: 698

Treasury Department to facilitate 401(k)-to-annuity

If someone's already posted about this, let me know and I'll remove this. http://www.shrm.org/hrdisciplines/benefits/Articles/Pages/PromotesAnnuitizing.aspx New Proposals and Rulings The guidance package aims to help Americans meet their need for income during retirement by: • Encouraging partial an...
by V572625694
Thu Feb 09, 2012 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Calculated Risk calls bottom of US housing market
Replies: 40
Views: 3370

Re: Calculated Risk calls bottom of US housing market

I had an appraiser at my place earlier today for a refinance... But the appraiser was not having any of it. He said he couldn't find any recent comp selling for $900k in the neighborhood....I was ready to choke him. Is there any investment more emotionally involving than your own house? We all prob...
by V572625694
Sat Feb 04, 2012 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Boss is Giving Me His Life Insurance/Annuity Business
Replies: 12
Views: 1956

Re: Boss is Giving Me His Life Insurance/Annuity Business

MoJoey wrote:I dont even know where to start in finding new clients
You can stop right there, unless you want to sit by yourself with a phone and the phone book and start cold-calling. I've known people who've done it and admire them, but you'd need a lot of ability to take rejection.
by V572625694
Wed Feb 01, 2012 10:56 am
Forum: Personal Finance (Not Investing)
Topic: How do you retirees pay for new/new used cars?
Replies: 58
Views: 6476

Re: How do you retirees pay for new/new used cars?

Toyota recently had 36-month no-interest financing, so I did that deal when I bought a Prius. Otherwise I'd have paid cash.
by V572625694
Tue Jan 31, 2012 8:36 pm
Forum: Personal Investments
Topic: Single-premium immediate annuity questions
Replies: 1
Views: 489

Single-premium immediate annuity questions

I've recently retired and am considering purchasing a single-premium immediate annuity with a portion of my assets to provide reliable income. I have a few questions, some or all of which may have been addressed here before; if so please let me know and I'll go look there. 1. All of the on-line annu...
by V572625694
Mon Jan 30, 2012 11:35 pm
Forum: Investing - Theory, News & General
Topic: POLL: How many funds do you hold?
Replies: 49
Views: 4967

Re: POLL: How many funds do you hold?

VTI, VSS, VEU, VMMSX (total 38% of portfolio)
VCADX, VBILX, VAIPX (62% of portfolio)
by V572625694
Thu Jan 26, 2012 4:40 pm
Forum: Investing - Theory, News & General
Topic: PIMCO ETF a nail in the coffin of mutual funds?
Replies: 13
Views: 2256

PIMCO ETF a nail in the coffin of mutual funds?

In an under-publicized manner, owner of the world’s largest mutual fund Pacific Investment Management Co. (otherwise known as PIMCO) will soon be offering an ETF to track their flagship $300 billion Total Return Mutual Fund. Will this be the beginning of the end of mutual funds? The much anticipate...
by V572625694
Sat Jan 14, 2012 10:51 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 64
Views: 9374

Re: Coffee

Recently started grinding beans for each pot I make and was astonished at how much better the coffee tastes, even in my old Krups drip pot. Well worth the extra step and cleaning up a few grounds that scatter.