Search found 386 matches

by John Z
Thu Oct 17, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Edward Jones presentation at the senior center
Replies: 44
Views: 6532

Re: Edward Jones presentation at the senior center

Us snowbirds arrived at our FL retirement community a week ago. Got the October newsletter and for the first time in the 6 years we've been here there is a guest speaker presenting: "Outsmart the Scammers!". Presented by Edward Jones Financial Advisor.
by John Z
Thu Oct 17, 2019 2:17 pm
Forum: Investing - Theory, News & General
Topic: Bond Investor's Dilemma
Replies: 12
Views: 1534

Re: Bond Investor's Dilemma

Retired and will do nothing with my Total Bond except withdraw RMDs.
by John Z
Sat Oct 12, 2019 7:34 pm
Forum: Personal Investments
Topic: Withdrawal Plan. McClung or Allocation Bands?
Replies: 47
Views: 3327

Re: Withdrawal Plan. McClung or Allocation Bands?

I've been using McClung's Prime Harvesting method since his book was published, with these parameters: I went into retirement nearly 8 years ago with a slightly modified Coffeehouse Portfolio (60/40) that has 6 index stock funds and a total bond fund so it was easy to adapt my withdrawal strategy to...
by John Z
Mon Oct 07, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: 2010 Prius totaled.... Now what?
Replies: 40
Views: 3659

Re: 2010 Prius totaled.... Now what?

If the battery is fairly new it is worth a good percentage of the vehicle price.
by John Z
Wed Sep 25, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: Brown & Brown Insurance Dropping Travelers Insurance?
Replies: 3
Views: 240

Re: Brown & Brown Insurance Dropping Travelers Insurance?

Sorry, thought it was a well known insurance name. "Brown & Brown, Inc. is the sixth largest independent insurance brokerage in the nation."
by John Z
Wed Sep 25, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: Brown & Brown Insurance Dropping Travelers Insurance?
Replies: 3
Views: 240

Brown & Brown Insurance Dropping Travelers Insurance?

Anyone know the reason(s)? Rec'd a letter saying they would be recommending an alternative.
by John Z
Sun Aug 25, 2019 10:25 am
Forum: Personal Consumer Issues
Topic: Washer/dryers at Costco - are Labor Day prices live?
Replies: 14
Views: 1650

Re: Washer/dryers at Costco - are Labor Day prices live?

Anyone who told you that Costco has special prices for just Labor Day weekend is mistaken to my knowledge. As a Costco customer, you get 30 day price protection on everything, BUT you are responsible for coming back and finding the lower price. Using your Costco Visa makes the warranty 4 years. Tha...
by John Z
Sun Aug 25, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: Washer/dryers at Costco - are Labor Day prices live?
Replies: 14
Views: 1650

Re: Washer/dryers at Costco - are Labor Day prices live?

Anyone who told you that Costco has special prices for just Labor Day weekend is mistaken to my knowledge. As a Costco customer, you get 30 day price protection on everything, BUT you are responsible for coming back and finding the lower price. Using your Costco Visa makes the warranty 4 years. Tha...
by John Z
Thu Aug 22, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: National Gypsum EXP Shaftliner between condo units
Replies: 10
Views: 549

Re: National Gypsum EXP Shaftliner between condo units

For about 15 years we had a 3 floor town home end unit that had a 4-5" thick cement firewall between units with that product on both sides of the wall. You'd think that would have been enough to kill any sound and it worked fine for normal neighbors. But after 12 years new neighbors moved in and and...
by John Z
Sun Aug 04, 2019 11:57 am
Forum: Investing - Theory, News & General
Topic: When taking RMD, better when market "high" or "low"
Replies: 28
Views: 2401

Re: When taking RMD, better when market "high" or "low"

Your second question first: From what I remember reading in the spring, it doesn't really matter that much in the long run whether you start RMDs at 70.5 or 72. If you are retired and need the money you will still withdraw. If you don't need the money you can reinvest it. Been retired since 2012 so ...
by John Z
Sat Jul 27, 2019 4:44 pm
Forum: Personal Investments
Topic: Do You Slice & Dice in Distribution Stage?
Replies: 9
Views: 609

Re: Do You Slice & Dice in Distribution Stage?

Yes. Retired in 2012. Started learning about lazy portfolios around 2000 and constructed our portfolios with the Coffeehouse method (60/40) popularized by financial advisor Bill Schultheis who wrote a book about his research. As we approached retirement searched for a withdrawal method and strategy ...
by John Z
Tue Jul 23, 2019 6:58 am
Forum: Personal Investments
Topic: Withdraw Methods
Replies: 8
Views: 1330

Re: Withdraw Methods

McClung in his Living Off Your Money book dedicates free download Chapter 3 to this topic: (page numbers are in Chapter 3 located here: http://livingoffyourmoney.com/ Surveying and Selecting an Income-Harvesting Strategy . . . . . . . . . . . . . 39 The Backtesting Details. . . . . . . . . . . . . ....
by John Z
Sun Jul 21, 2019 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Withdrawal Method
Replies: 27
Views: 1975

Re: RMD Withdrawl Method

So we know that in terms of putting a lump sum into investments, the best option (from a returns perspective) is to go all-in at once rather than over a period of time. Has any study ever been done regarding the best withdrawal method? McClung in his Living Off Your Money book dedicates free downlo...
by John Z
Sun Jul 21, 2019 7:38 am
Forum: Personal Finance (Not Investing)
Topic: RMD Withdrawal Method
Replies: 27
Views: 1975

Re: RMD Withdrawl Method

This might be more information than you are looking for but go to http://livingoffyourmoney.com/

where you can download the first 3 chapters and TOC for free. And if further interested purchase the book.
by John Z
Sun Jul 14, 2019 6:40 pm
Forum: Personal Investments
Topic: Passive vs active for parent's retirement
Replies: 19
Views: 1631

Re: Passive vs active for parent's retirement

You requested literature, right? This is the only piece of information you and your parents need to read about active vs. passive: The SPIVA® U.S. Scorecard: https://www.spglobal.com/_assets/documents/corporate/us-spiva-report-11-march-2019.pdf What is SPIVA? S&P Indices Versus Active [Management} "...
by John Z
Sun Jul 14, 2019 10:07 am
Forum: Personal Consumer Issues
Topic: Anyone buy the Nissan Rogue over the Honda CRV???
Replies: 86
Views: 5981

Re: Anyone buy the Nissan Rogue over the Honda CRV???

One month ago wife purchased 2019 Rogue SL with tech package. Had to pry her from a 15 year old Altima with 100+K miles and no failures except for normal maintenance items. She had a specific list of mostly safety features she wanted and no vehicle had everything she was looking for. She did not wan...
by John Z
Sun Jun 30, 2019 5:19 am
Forum: Investing - Theory, News & General
Topic: 80% of the stock market is now on autopilot
Replies: 17
Views: 3967

80% of the stock market is now on autopilot

From CNBC, pretty amazing numbers: https://www.cnbc.com/2019/06/28/80percent-of-the-stock-market-is-now-on-autopilot.html Passive investments control about 60% of the equity assets, while quantitative funds -- those relying on trend-following models instead of fundamental research -- now account for...
by John Z
Thu Jun 27, 2019 1:00 pm
Forum: Personal Consumer Issues
Topic: Hot water heater on pilot light
Replies: 21
Views: 1932

Re: Hot water heater on pilot light

Have had the same experience with new A. O. Smith natural gas water heater installed in winter FL home a few years ago. First season when we left in May turned it to Pilot. When returned in October water was scalding hot. Rather than bother with the plumber now I turn the pilot off when we leave and...
by John Z
Wed Jun 26, 2019 8:27 am
Forum: Personal Consumer Issues
Topic: Buying a car out of state
Replies: 33
Views: 1976

Re: Buying a car out of state

FL has a sales tax and NH doesn't. I had to sign an exemption and send FL a copy of the NH registration when I got it done in NH so I didn't have to pay any tax.
by John Z
Wed Jun 26, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: Buying a car out of state
Replies: 33
Views: 1976

Re: Buying a car out of state

Ask them if they'd deliver to your door. As a NH resident I've purchased a FL vehicle but I was already in FL and they gave me a 30 day temp plate to get it to NH to register. In talking with the dealer they said they deliver to out of state but within a reasonable distance. Don't know what the dist...
by John Z
Tue May 21, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: Relocate to Charleston SC?
Replies: 57
Views: 6125

Re: Relocate to Charleston SC?

Agree with most of the comments above but to offer an alternative if you are going to relocate. You chose SC because the cost of living is lower than many states as is FL. You could consider living outside and south of Charlotte NC in an area just across the border in SC. Rock Hill, SC is a lovely c...
by John Z
Sat May 11, 2019 6:46 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1159
Views: 174562

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Which make and model of vehicle did you buy or are buying then?

Considering Toyota Rav4 or Corolla, Nissan Kicks or Rogue/Rouge Sport or Sentra, Mazda CX3/CX5 so far. In no rush to buy, Altima only has 106,000 miles on it.
by John Z
Sat May 11, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1159
Views: 174562

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Mostly because of this specific ongoing and comprehensive post, and casually looking for a replacement vehicle, I took a Honda HR-V for a test drive last week. The salesperson was very knowledgeable on this model and others since not all the features I am looking for are available on the HR-V and he...
by John Z
Thu May 09, 2019 3:52 pm
Forum: Personal Investments
Topic: tax efficient lazy portfolio strategies
Replies: 12
Views: 2016

Re: tax efficient lazy portfolio strategies

Try reading this list: https://www.whitecoatinvestor.com/150-portfolios-better-than-yours/ You can consider the lazy portfolio suggestions and separate the funds by putting bonds/high dividend funds in tax deferred accounts, high growth in Roth and keeping taxable fund(s) that do not generate cap ga...
by John Z
Wed May 08, 2019 2:19 pm
Forum: Personal Investments
Topic: Fisher Investments--again
Replies: 16
Views: 3332

Re: Fisher Investments--again

Are you aware of Vanguard's Personal Adivsor Services? You could use them to get your financials in shape and then discontinue. "Vanguard is known for keeping costs low, the cost for Vanguard Personal Advisor Services is affordable as well. In fact, the annual cost is only 0.30% of the assets we man...
by John Z
Fri May 03, 2019 2:21 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (April 2019)
Replies: 2
Views: 564

Re: madsinger monthly report (April 2019)

madsinger wrote:
Fri May 03, 2019 10:19 am
The stock market just keeps marching along.
You can say that again, again and again! Totally amazing. In retirement 7 years and portfolio at a peak including 4-5% withdrawals per year. From 70/30 gradually to 40/60 now. Thanks Brad.
by John Z
Tue Mar 26, 2019 3:10 pm
Forum: Personal Consumer Issues
Topic: How to Sell a Wyland Painting on My Bathroom Wall?
Replies: 74
Views: 6838

Re: How to Sell a Wyland Painting on My Bathroom Wall?

Very interesting post. I'm a fan of Wyland and appreciate his works and personally would try to do something with this "inheritance." But not to the extreme and expense suggested in many posts with possible negative results. I'm not a photographer but have seen many high resolution photos enlarged t...
by John Z
Sun Mar 24, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Spending summers at vacation home in New Hampshire - tax question
Replies: 5
Views: 864

Re: Spending summers at vacation home in New Hampshire - tax question

I've been a NH resident since 1970. I worked for a company in MA for 20 years so had to pay non-resident MA income tax. But, when I traveled outside of MA for work I was able to deduct those days from being and earning money in MA. It ended up being a ratio as I recall. Now the tax laws may have cha...
by John Z
Sat Mar 23, 2019 3:41 pm
Forum: Personal Consumer Issues
Topic: advice on a carpet cleaner
Replies: 14
Views: 1059

Re: advice on a carpet cleaner

As a gift our daughter bought us (me) a Hoover Power Scrub Deluxe several years ago and I use it every year to clean our beige carpet which is about 1000 sq ft total. It does a wonderful job. I do parts of a large room and rooms one at a time. The only drawback is emptying the dirty tank and filling...
by John Z
Thu Mar 21, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Replacing asphalt driveway
Replies: 16
Views: 2381

Re: Replacing asphalt driveway

I've never had a driveway replaced or repaired but there is one thing that really bothers me and I see it in commercial (parking lots, neighborhood roads) and residential paving jobs all the time. I've lost count on how many new paving jobs leave slight depressions so after it rains/snow melts there...
by John Z
Tue Mar 19, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: Passive investing now controls nearly half the US stock market
Replies: 39
Views: 3586

Passive investing now controls nearly half the US stock market

From CNBC: https://www.cnbc.com/2019/03/19/passive-investing-now-controls-nearly-half-the-us-stock-market.html "Market share for passively managed funds has risen to 45 percent, up a full point from June 2018, according to data this week from Bank of America Merrill Lynch. That continues a trend ove...
by John Z
Fri Mar 08, 2019 1:28 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (February 2019)
Replies: 3
Views: 759

Re: madsinger monthly report (February 2019)

Thank you for your continued monitoring of these various funds.
by John Z
Thu Mar 07, 2019 2:11 pm
Forum: Personal Investments
Topic: BH guidance on McClung Portfolio Allocation
Replies: 6
Views: 830

Re: BH guidance on McClung Portfolio Allocation

In my opinion, McClung's book is the best retirement text I have seen or read. I've followed and read every post here about his book and maybe I was too focused on the comments that most interested me to say that I don't recall much discussion about portfolio structure as McClung proposes in his lat...
by John Z
Wed Mar 06, 2019 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Over 55 community/Modular Home/Lease Land
Replies: 5
Views: 785

Re: Over 55 community/Modular Home/Lease Land

You don't say what state you are in. FL for example, has a set of laws specifically covering mobile and manufactured home parks: CHAPTER 723 FLORIDA STATUTES THE FLORIDA MOBILE HOME ACT That I think limits the land lease rent to include pass-through charges and reasonable increases. So check for any...
by John Z
Mon Mar 04, 2019 4:43 pm
Forum: Personal Investments
Topic: Accumulation/decumulation strategy
Replies: 12
Views: 1411

Re: Accumulation/decumulation strategy

[/quote] Conceptually, it seems to me that the years immediately before retirement should be given much more weight in retirement-withdrawal analysis than they usually are. Really, all of our fates are going to be determined by what the market does in the 10 years immediately before and immediately ...
by John Z
Mon Mar 04, 2019 10:06 am
Forum: Investing - Theory, News & General
Topic: Former bond king Gross says chances of beating the market 'much less' now
Replies: 19
Views: 2567

Former bond king Gross says chances of beating the market 'much less' now

https://www.bloomberg.com/news/articles/2019-03-03/bill-gross-sees-much-less-alpha-in-era-of-qe-and-quant-trading [Think of it as a parting shot to anyone hoping to be the next king of bonds. Bill Gross, who defined his investing career by beating benchmarks, says the era of outperformance is largel...
by John Z
Sat Feb 16, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Another "Is it worth it to fix" question [2002 Nissan Sentra]
Replies: 66
Views: 4485

Re: Another "Is it worth it to fix" question

Whatever you do, do it quickly or do not drive the vehicle. With a dripping and or rusted tank you are driving around with a powder keg. One rear end crash could do it. Don't keep much gas in the tank either both for the accident potential and to make it easier for the repair people to drain it to r...
by John Z
Fri Feb 15, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: 3 year old tires installed (Sam's club). Should I do anything about this?
Replies: 104
Views: 9039

Re: 3 year old tires installed (Sam's club). Should I do anything about this?

Tires: Your safety and your life are riding on them.

From the NHTSA’s website:

file:///C:/Users/E430c/Downloads/9719_S1N_Tires_Nwsltr_June13_062713_v4_tag%20(1).pdf

Four page article covers tire aging and relation to accidents plus more info.
by John Z
Thu Feb 14, 2019 5:23 pm
Forum: Personal Investments
Topic: vanguard managed payout fund
Replies: 24
Views: 4033

Re: vanguard managed payout fund

The Managed Payout Fund isn't recommended here for a number of reasons and you can and should search the many threads here to see detailed discussions. Here are a few bullet points against the fund. Has a higher than normal expense ratio .34% while Total Stock and Total Bond run around .04% and .05%...
by John Z
Tue Feb 05, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: Free Southwest Companion Pass for 2019
Replies: 63
Views: 6259

Re: Free Southwest Companion Pass for 2019

btw, Southwest is now flying its first test flight from Oakland to HNL, Southwest 8725.
by John Z
Sun Feb 03, 2019 2:10 pm
Forum: Personal Investments
Topic: Is dividend/cap gain reinvestment supposed to look like a loss?
Replies: 30
Views: 1429

Re: Is dividend/cap gain reinvestment supposed to look like a loss?

To go further in time, in general terms, you will be declaring these dividends as income in the year you earn them. When you sell the shares, you will get to deduct the price of the shares that you paid taxes on so you may have an overall loss if you sell all the shares or at least your overall gain...
by John Z
Sun Jan 27, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: NH retirees, do you go south for the winter months?
Replies: 8
Views: 1555

Re: NH retirees, do you go south for the winter months?

Have lived in NH for 50 years. Winters did a number on my skin (dry and itchy), arthritic neck pain, snow and ice storms with power losses so our goal was to retire to a warmer location. Have wintered in FL for 6 years now and love it but not enough to become a resident. FL is a nice place to visit ...
by John Z
Fri Jan 25, 2019 10:08 am
Forum: Personal Investments
Topic: Reasons not to upgrade to a brokerage account?
Replies: 17
Views: 2156

Re: Reasons not to upgrade to a brokerage account?

Wife and I both only have mutual funds, are in retirement, and want the ease of "exchange" that happens with a couple of keystrokes. Don't have or plan to have any other type of securities. After being pestered by emails and our rep, I kindly told him we only have mutual funds, are in retirement, on...
by John Z
Thu Jan 24, 2019 2:18 pm
Forum: Personal Consumer Issues
Topic: Snowbirds - Spending time in Fla during the winter
Replies: 7
Views: 1497

Re: Snowbirds - Spending time in Fla during the winter

We are snowbirds from NH and have been here for the past 6 winters. You will do better to find something if you rent from beginning of the month to the end rather than beginning mid-month. It can be done but you'll find many more places by the entire month. We are in the Daytona area and while it's ...
by John Z
Tue Jan 22, 2019 1:52 pm
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 40
Views: 3993

Re: Your Retirement W/D method and why?

I have used the Prime Harvesting withdrawal strategy for approximately 4-5 years. To see about a dozen different withdrawal strategies and how they are rated, go to: http://livingoffyourmoney.com/ McClung has written a thorough text on the many facets of living with and withdrawing your assets in re...
by John Z
Sun Jan 20, 2019 2:06 pm
Forum: Personal Investments
Topic: Any mutual fund or group of stocks which pay dividends
Replies: 10
Views: 2261

Re: Any mutual fund or group of stocks which pay dividends

Vanguard has a group of sector funds that are risky but some provide decent dividends: If you have a minimum of $100K you could check out Vanguard Utilities Index Fund Admiral Shares (VUIAX). It is a sector fund which has above average risk but the dividends are +/- 4% range distributed quarterly. h...
by John Z
Tue Jan 15, 2019 2:08 pm
Forum: Investing - Theory, News & General
Topic: PG&E Bonds
Replies: 49
Views: 5747

Re: What to do with PG&E Bonds

If you plan to keep them, try to research how long large bankruptcies took to totally resolve in the US. We are talking years. I had about $100K invested in a NH company that went bankrupt, the largest case ever in NH. It took over a year, close to two, for the court just to identify and confirm all...
by John Z
Mon Jan 14, 2019 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: HO-6 Condo insurance - Coverage D "Loss of Use"
Replies: 6
Views: 583

Re: HO-6 Condo insurance - Coverage D "Loss of Use"

I cannot answer your questions but if it were me I'd call the new company and ask for a clarification/explanation of what the coverage is.
by John Z
Fri Jan 11, 2019 11:17 am
Forum: Personal Consumer Issues
Topic: Free Southwest Companion Pass for 2019
Replies: 63
Views: 6259

Free Southwest Companion Pass for 2019

This has been posted under the long thread titled your credit card strategy so people may not see this. This is such a great deal that I think it should have its own thread: https://creditcards.chase.com/a1/southwest/PlusCP30AEP?CELL=6PLX&clk=2488062 You spend $4000 in 3 within 3 months and get 30,0...