Search found 886 matches

by Mitchell777
Sat Feb 24, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Concrete or Asphalt driveway?
Replies: 45
Views: 5587

Re: Concrete or Asphalt driveway?

I am a Professional Engineer with 45 years in the transportation industry, 36+ years with a state department of transportation and 8+ years with a Pavement preservation contractor. Since 1991, I have been exclusively involved with pavements. There is a lot of incorrect information in this thread. F...
by Mitchell777
Fri Feb 23, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Concrete or Asphalt driveway?
Replies: 45
Views: 5587

Re: Concrete or Asphalt driveway?

Was hoping to have my asphalt driveway repaved (tear out old asphalt and add new asphalt) last year. The prices must really differ by geographic area. The two quotes I received last year were $3.50 (I would not trust these guys to do the work based on conversations) and $6.50 per sq foot for an 810 ...
by Mitchell777
Thu Feb 22, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance when retiring or self employed before Medicare age?
Replies: 14
Views: 882

Re: Health insurance when retiring or self employed before Medicare age?

No children but I am using COBRA. It's about $650 per month including vision and dental ($1500 deductible and 20% co pay). The ACA was going to cost me $1400 to $1500 per month with a $1500 deductible (I fell off the discount cliff at $49K income)
by Mitchell777
Tue Feb 20, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard as trustee
Replies: 34
Views: 4811

Re: Vanguard as trustee

Gill, You are uniquely qualified to evaluate corporate trustees. Can you tell us how you thought your way through the question of which company to use? It's been a number of years now since I made the decision. Having spent my career in the employ of corporate fiduciaries, I was sold on the need fo...
by Mitchell777
Sat Feb 17, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 66
Views: 6718

Re: $12,000 Refrigerator?

Up until a few years ago that's only a little less than I was paying for my cars. I think appliances are about utility. I'd spend less.
by Mitchell777
Fri Feb 16, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: Minnesota lake resorts summer 2018
Replies: 32
Views: 2269

Re: Minnesota lake resorts summer 2018

I can't recall names of lodging, but one of my favorite vacations ever was near the Ely MN area in the summer. The Boundary Waters. I think we stayed by Moose Lake. Fished on Basswood Lake (1/2 USA/1/2 Canadian). Heard wolves howling at night.
by Mitchell777
Thu Feb 15, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Note Purchases
Replies: 6
Views: 511

Re: Treasury Note Purchases through Vanguard

Question please since I've never done this: The five year auction opened today 2/15. the cut off date is 2/21. Why would you place an order today through Vanguard rather than wait until closer to 2/21? Does it have to do with being in early in case the demand is greater than the supply? Thanks
by Mitchell777
Wed Feb 14, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Medical Lab Fees - Not Covered
Replies: 13
Views: 1246

Re: Medical Lab Fees - Not Covered

Of course check your own insurance policy. I thought that went without saying. I think you'll find Quest is the national pref lab for all products, but there are other in network labs. You just need to know the effect on your out of pocket
by Mitchell777
Tue Feb 13, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: Medical Lab Fees - Not Covered
Replies: 13
Views: 1246

Re: Medical Lab Fees - Not Covered

I've had the same issue with medical lab billing and Aetna. Fixing a billing mistake is nearly impossible. Try logging into the Aetna site and finding the labs that are covered. I've since gone to a 3rd party lab (Quest Diagnostics) and found them to reliably bill my insurance correctly. They're al...
by Mitchell777
Sun Feb 11, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: Just how safe is a short-term corporate bond fund?
Replies: 35
Views: 3197

Re: Just how safe is a short-term corporate bond fund?

I was looking at something similar the other day. Vanguard ST Inv Grade (used to be ST Corporate) was down 4.65% total return in 2008 (-9.2% Cap Gain loss). ST Federal was up 7.15% total. In the following year the total returns were 14.17% and 2.89% respectively. Of course it won't always work that ...
by Mitchell777
Fri Feb 09, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: TIPS and Inflation
Replies: 8
Views: 568

Re: TIPS and Inflation

I assumed it was because the rate increases are not based on current increases in inflation.
by Mitchell777
Fri Feb 09, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: sudden overnight problem with spam email
Replies: 20
Views: 1382

Re: sudden overnight problem with spam email

I had the same thing happen a few years ago. My main account was one I rarely gave out and only to legit people/companies. Got almost zero spam for years. Suddenly one morning I had a dozen spam emails. Someone, I assume, sold or gave my email to others. Over time it has gotten better but I still ge...
by Mitchell777
Fri Feb 09, 2018 6:39 am
Forum: Personal Consumer Issues
Topic: Best Valentines Day Gift
Replies: 12
Views: 1792

Re: Best Valentines Day Gift

A wonderful dinner out and not on Valentine's Day but a couple/few days before or after
by Mitchell777
Thu Feb 08, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15850

Re: free dinner investing seminar

It's different for everyone. If it's a great meal it is worthwhile for many people. Many others will get pleasure from asking hard questions. I respect that. For me, a meal out is not only about the food. If I must listen to someone who may be looking to provide a bad deal to people saving for their...
by Mitchell777
Tue Feb 06, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Where would you tell a 12 year old to park his money
Replies: 32
Views: 1840

Re: Where would you tell a 12 year old to park his money

Thanks all! He gets allowance and he saves it all. He spends NOTHING ever on anything. His brother is always buying the next thing he wants. He is interested in index funds after hearing about the Warren Buffet bet. At this point he has no personal expenses (I pay for him when we go to the movies a...
by Mitchell777
Tue Feb 06, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: changing from a Vanguard mutual fund account to a Vanguard brokerage account
Replies: 16
Views: 1215

Re: changing from a Vanguard mutual fund account to a Vanguard brokerage account

What are the benefits to the customer of doing this? Upgrading to a brokerage account will allow to buy stocks, bonds, etf’s, options. If you use VG etf’s (instead of VG mutual funds) your trades are commission free. You could trade on margin too, although I would never suggest it...borrowing money...
by Mitchell777
Mon Feb 05, 2018 11:13 am
Forum: Local Chapters and Bogleheads Community
Topic: Forum's 11th Birthday - Feb. 19th
Replies: 27
Views: 1946

Re: Upcoming Forum Birthday (Feb. 19th)

Thank you to everyone responsible. I've learned so much from this site, and not only about investments, going back to the Morningstar days.
by Mitchell777
Sun Feb 04, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 13692

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Is the pension indexed for inflation? Will you get SS? Either way, I guess my question would be what are you investing for? If you have no children or spouse, where does the money go? Usually I think some people, with pensions/SS, get aggressive investing for future generations. If you've won the ga...
by Mitchell777
Sat Feb 03, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund vs. CDs?
Replies: 27
Views: 3131

Re: Total Bond Market Index Fund vs. CDs?

Does duration increase in line with interest rates? For example, rate today is 2.72% with duration of 6.1. If rates were at 4.72%, all other things being equal , would duration still be roughly 6.1? No. The duration goes down as interest rates rise. Duration is basically a time average of the cash ...
by Mitchell777
Sat Feb 03, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund vs. CDs?
Replies: 27
Views: 3131

Re: Total Bond Market Index Fund vs. CDs?

Does duration increase in line with interest rates? For example, rate today is 2.72% with duration of 6.1. If rates were at 4.72%, all other things being equal, would duration still be roughly 6.1?
by Mitchell777
Sat Feb 03, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund vs. CDs?
Replies: 27
Views: 3131

Re: Total Bond Market Index Fund vs. CDs?

You really do need to watch the EWP. I ran into one last week with an EWP of 913 days of interest on the amount withdrawn plus any accrued interest. I passed. After watching CD rates in my area not change much for years they have been going up recently, in a competitive way, each jumping a bit above...
by Mitchell777
Wed Jan 31, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: How did you guys do in 1966 - 1980?
Replies: 34
Views: 3264

Re: How did you guys do in 1966 - 1980?

Is the 40% real loss in bonds referring to 30 year bonds?
by Mitchell777
Tue Jan 30, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Note Purchases
Replies: 6
Views: 511

Re: Treasury Note Purchases

aristotelian wrote:
Tue Jan 30, 2018 7:58 am
Would you be looking to buy inside an IRA?
No, not an IRA or any retirement account at least not at this time
by Mitchell777
Tue Jan 30, 2018 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Note Purchases
Replies: 6
Views: 511

Treasury Note Purchases

I have not bought Treasuries in decades. Used to complete a form and mail it in. The 5 year notes are getting close to the best rates I have locally on 5 year CD's, and the Treasury would have no state tax. Is there any advantage to buying through Treasury Direct vs. buying through Vanguard (it appe...
by Mitchell777
Sat Jan 27, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on 65 year old's portfolio
Replies: 19
Views: 2332

Re: Opinions on 65 year old's portfolio

Regarding ROTH conversions. Since you have no heirs I assume the estate will go to charity. It is highly unlikely you will ever run out of money even with the longevity in your family. Do you want to do ROTH conversions, pay tax now, IF the estate will eventually all pass to charity tax free?
by Mitchell777
Sat Jan 27, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 23688

Re: 401k millionaires

I did not quite make it although I always maxed out in my 401K's. I used the 401K's almost exclusively for fixed income and kept equities out side of my retirement plans.
by Mitchell777
Thu Jan 25, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: Question to Taylor and others regarding bucket approach in retirement
Replies: 53
Views: 3247

Re: Question to Taylor and others regarding bucket approach in retirement

OP: My situation is somewhat similar to yours but I do not have the nerve for 65 or 70% in equities (I'd be wealthier if I did). I've read many similar posts over the years and developed my own strategy because I think once you have enough (which I think you do) it becomes an emotional decision. I d...
by Mitchell777
Thu Jan 25, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: how to choose mangoes?
Replies: 23
Views: 1312

Re: how to choose mangoes?

I go through this every week in the fruit section. They are almost always hard as a rock. They can sit for a week and not be ripe. A perfectly ripe mango is just wonderful. Occasionally I can find one that is just a bit soft and that one is usually good
by Mitchell777
Thu Jan 25, 2018 4:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4122

Re: Happy Birthday, Taylor!

Happy Birthday Taylor. Thank you for sharing your insights with me over the past decade+
by Mitchell777
Tue Jan 23, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: Medicare plan G supplement costs?
Replies: 15
Views: 795

Re: Medicare plan G supplement costs?

https://www.medicare.gov/find-a-plan/results/medigapresults/medigap-view-all-policies.aspx I visited the Medicare site but was confused by Monthly Premium (betwwn $100 to $250) and the Estmated Annual Cost (Approx $5,500). I didn't see an explanation for estimated annual cost so I wasn't sure what ...
by Mitchell777
Mon Jan 22, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: phone call with Fidelity retirement relationship manager
Replies: 5
Views: 968

Re: phone call with Fidelity retirement relationship manager

I asked about these calls last year. Apparently they have a rep that calls either once or twice per year. Probably twice in my case because he called again a month or two ago. I did not return the call as I needed no help.
by Mitchell777
Thu Jan 18, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 5370

Re: To the doctors on the forum

I'm not a doctor but in my area the local hospitals are gobbling up everything in sight. My insurance will not pay as much for imaging if I go to a site controlled by a hospital. I assume the costs are higher. I think the difference was 20% co insurance but 30% if a hospital owned site. Last time I ...
by Mitchell777
Thu Jan 18, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 7694

Re: Short Commute or Nicer House?

My experience was that the long commute really wears on you as the years go by and as you get older. On the other hand once I was able to work from home a couple days a week, it got much better. Also, not having to make the long commute in bad weather was extremely important to me. I had some nervou...
by Mitchell777
Sun Jan 14, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Do you correct cashier mistakes?
Replies: 41
Views: 2266

Re: Do you correct cashier mistakes?

yes, it's fairness
by Mitchell777
Sat Jan 13, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Short term bond fund question
Replies: 4
Views: 495

Re: Short term bond fund question

Have you considered a CD. I've been seeing rates inch up in my area and banks and credit unions offering "specials" for one year and 18 month certificates. No loss if you hold to maturity. www.depositaccounts.com/cd
by Mitchell777
Fri Jan 12, 2018 6:33 pm
Forum: Personal Consumer Issues
Topic: First time Medicare question
Replies: 18
Views: 994

Re: First time Medicare question

I just had a physical yesterday (not Medicare). On the receipt they gave me it noted that we discussed two things that we did not discuss. I do not know if they were left overs from some prior visit but we had not discussed those two items in years. These annual physicals are to be no charge. I'll b...
by Mitchell777
Thu Jan 11, 2018 6:16 am
Forum: Personal Consumer Issues
Topic: Trying to downsize but still too much stuff
Replies: 59
Views: 5885

Re: Trying to downsize but still too much stuff

I probably spent a couple hundred hours decluttering last year and would be thrilled to have my stuff down to the amount you have. Sounds like you've done a great job. It's tough getting rid of some things especially if they are reminders of parents and grandparents. I even had a hard time getting r...
by Mitchell777
Wed Jan 10, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Elder Law Plan for my Parents & Cost: Move forward?
Replies: 9
Views: 1111

Re: Elder Law Plan for my Parents & Cost: Move forward?

Unless your parents have a very significant amount of assets, you do not want to go to a facility that does not accept Medicaid regardless if they tell you the care will somehow be better than at a facility that accepts Medicaid. When the private pay runs out, you need to get out. Now, you have no p...
by Mitchell777
Wed Jan 10, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Elder Law Plan for my Parents & Cost: Move forward?
Replies: 9
Views: 1111

Re: Elder Law Plan for my Parents & Cost: Move forward?

Based on your description your father may not stay long in assisted living before moving to nursing care. In my area that is over $11K/month. Other areas can be a few thousand lower. The facilities want as much private pay as they can get. It was 2 years minimum when I went through this but it's a b...
by Mitchell777
Tue Jan 09, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: When the rubber hits the road [Progressive Dementia thread with merged updates]
Replies: 106
Views: 8077

Re: The reality hits - my dementia update

Thank you for sharing. I think about this more and more as I get older. You are blessed to have relatives around you that can provide help and support. All the best.
by Mitchell777
Fri Jan 05, 2018 4:45 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 6094

Re: Misuse of adverse

If someone has a comment that assists me, I can easily look beyond their grammar, usage, or spelling. This from someone once told he may have O.C.D. Would you consider a comment about a word you used incorrectly to be an assist? Years ago, there was a word that I always used incorrectly because nob...
by Mitchell777
Fri Jan 05, 2018 4:13 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 6094

Re: Misuse of adverse

If someone has a comment that assists me, I can easily look beyond their grammar, usage, or spelling. This from someone once told he may have O.C.D.
by Mitchell777
Thu Jan 04, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA
Replies: 18
Views: 1344

Re: COBRA

Check if she is covered until the last day of the month she leaves. I worked for a large employer and my insurance ended the day after I left. Actually I left on a Friday and my insurance ended the next day (Saturday).
by Mitchell777
Thu Jan 04, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Assisted Living cost > person's pension
Replies: 24
Views: 1952

Re: Assisted Living cost > person's pension

Agree, an elder law attorney can be a huge help. One who concentrates on elder law, not dabbles. Also, not all nursing facilities accept Medicaid but most do. Need to ask. The paperwork can be exhausting but the nursing facilities can be very helpful in dealing with the appropriate state agency.
by Mitchell777
Mon Jan 01, 2018 6:08 am
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 45
Views: 5010

Re: Savings Bond Wizard to be eliminated 5/18

Bummer indeed, especially if you bought them through payroll savings and have 75 or 100 of them. So, does that mean you will need to key each bond individually when you want to update the value or see what they are currently yielding?
by Mitchell777
Sun Dec 31, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: RMD timing from inherited IRA
Replies: 17
Views: 1654

Re: RMD timing from inherited IRA

Don't forget to take the RMD on the inherited ROTH (non taxable of course), unless it came from a spouse or you will empty it within five years.
by Mitchell777
Fri Dec 29, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Online vs. Download
Replies: 34
Views: 2983

Re: Turbotax Online vs. Download

Thank you for the link. When I go to CD/Download version and click on "single", "own home", "sold stocks/bonds/own rental property", it suggests Premier. Is that an upsell from Deluxe I do not need if I do not own rental property?
by Mitchell777
Fri Dec 29, 2017 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax Online vs. Download
Replies: 34
Views: 2983

Re: Turbotax Online vs. Download

I’ve been using the online TurboTax version for 10+ years and love it. Besides, I haven’t had a computer with a CD/DVD nor needed a CD/DVD at all during the past 5 years. I used the form-based version for the 95 tax year until I switched to the online version. You can buy and download the form-base...