Search found 6362 matches

by midareff
Wed Nov 13, 2019 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

midareff, <<to hear everything a great set of 6 foot tall electrostatic speakers will do just fine in a professionally set up and dampered room with the right driving electronics and source, cables, amps, etc.>> You will be surprised by how well that Sony headphone delivers close to that. My friend...
by midareff
Wed Nov 13, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

After my younger kid left house for his job in another state, I recently decided that we should experience a larger and more desirable lifestyle than we originally planned, and I started doing One More Year(s) to fund the additional expenses. For example, I spend more money on heating and cooling h...
by midareff
Wed Nov 13, 2019 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

This is sort of fun to talk about. When at restaurants I have to remember to not go after the lower cost dishes just to save money. We will probably replace our 18 year old Camry this coming year. We could easily have afforded a Mercedes but DW loves her car. Might replace with the new hybrid Honda...
by midareff
Wed Nov 13, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

Cyclesafe wrote:
Wed Nov 13, 2019 10:48 am
Ah, the scarce resource is now time. Invest your bounty to maximize your enjoyment of it. Sooner than latter, as one by one the options for pleasure drop away.
I think these are wise words.
by midareff
Wed Nov 13, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

Dealing with the fruits of labor has been a bit of an issue for me since the high savings rate days have been gone and frankly, with the bull, decumulation isn't decumulating. Do any of you have problems pulling the trigger despite being well able (not for frivolous items, high end jewelry and such...
by midareff
Wed Nov 13, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

I would not say cheap.. well, maybe just a little but mostly best bang for the buck frugal type of guy (couple now) with a modest life style and a high percentage of earnings saved I'm able to (psychologically) to write the travel check, got over the car life cycle thing 2 years ago but things like...
by midareff
Wed Nov 13, 2019 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

1) Tea -> check out Upton tea https://www.uptontea.com/ I will..... although after being in China I did develpop a taste for what they call Emperor although it does vary year to year a bit much. <<Genevalia Coffee>> 2) Not good enough for me. I tend to shop around for our local micro coffee roaster...
by midareff
Wed Nov 13, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

OP, 1) I save a lot of money. But, I am not frugal. 2) I do "Pay Yourself First" saving method and I spend the rest. 3) I enjoy good food, coffee, and tea. 4) I enjoy good music. 5) I eat out regularly my whole life. I know what I like and where I would spend more money. A) I bought an electric bik...
by midareff
Wed Nov 13, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

Re: The difficulty of discarding frugality?

I define frugal as attempting to get as much value as you can from the money you spend. Those who are cheap do not want to spend money, likely out of fear. There can be some overlap between the two, but it sounds as though you are mostly frugal but a little cheap. I'm not sure that there is a bette...
by midareff
Wed Nov 13, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 60
Views: 3141

The difficulty of discarding frugality?

I would not say cheap.. well, maybe just a little but mostly best bang for the buck frugal type of guy (couple now) with a modest life style and a high percentage of earnings saved throughout the 46 years I worked. Of course, much more savings in the later years when pay and employment stature had g...
by midareff
Wed Nov 13, 2019 8:41 am
Forum: Personal Consumer Issues
Topic: Would you buy a Galaxy S9 now?
Replies: 26
Views: 1258

Re: Would you buy a Galaxy S9 now?

I think the key is going to be when the S9 was manufactured. Methinks battery life will be important so if its the most current of it's production probably will be AOK and camera excellent as well. Early production that sat around in a warehouse for a year and is being cleaned out now with the S11 ...
by midareff
Wed Nov 13, 2019 7:47 am
Forum: Personal Consumer Issues
Topic: Would you buy a Galaxy S9 now?
Replies: 26
Views: 1258

Re: Would you buy a Galaxy S9 now?

I think the key is going to be when the S9 was manufactured. We both have S7 Edges. For a year or so I used the cell's camera on trips with Samsung's lens set for it, instead of carrying a camera. Galaxy cameras in each progressive model are at the forefront at the model's release. The issue is the ...
by midareff
Tue Nov 12, 2019 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Months Leading up to Retirement
Replies: 19
Views: 1653

Re: Months Leading up to Retirement

In my case my deferred compensation and DROP accounts had to be liquidated in a certain manner prior to roll-over to Vanguard. With a couple of months to go it made more sense to be more protective against drop prior to rollover rather than a more continued aggressive exposure. FWIW, my retirement w...
by midareff
Sun Nov 10, 2019 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10187

Re: Seller's agent not letting us use a buyer's agent

I would submit an offer through your agent. The seller’s agent would presumably have an obligation to present your offer to the seller. That seems to be correct in Florida.. other states may vary but it seems an honest agent representing the seller has an obligation to report all offers and may not...
by midareff
Wed Nov 06, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: Why shouldn't I buy a Dow Jones index fund instead of TSM or the S&P?
Replies: 20
Views: 1282

Re: Why shouldn't I buy a Dow Jones index fund instead of TSM or the S&P?

The flip side of the coin is the Nasdaq Index which has outperformed the S&P by roughly 2% annually for the last decade plus. I suppose the reasoning will center on the Dow 30 vs. the TSM thousands although the Nasdaq is thousands as well. Personally, I own the TSM, the S&P and the Nasdaq Index. A l...
by midareff
Tue Nov 05, 2019 7:34 am
Forum: Personal Investments
Topic: Stock market at its peak
Replies: 32
Views: 4612

Re: Stock market at its peak

methinks you will have new highs again today.
by midareff
Mon Nov 04, 2019 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Does leasing make sense in this case?
Replies: 45
Views: 2722

Re: Does leasing make sense in this case?

Mrs.AZAttorney11. She is a "car person" and wants what she wants. ... and as all know; a happy wife leads you to a happy life. ... and you want to screw with that in a couple of years for a few thousand? :oops: :confused :oops: FWIW, leasing generally carries a higher interest rate built in than com...
by midareff
Sun Nov 03, 2019 8:49 am
Forum: Personal Investments
Topic: Do you consider pensions as part of your overall asset allocation?
Replies: 67
Views: 5045

Re: Do you consider pensions as part of your overall asset allocation?

My wife and I would both have pensions at retirement. Hers would be a federal pension and mine a corporate pension. Both reasonably solid. Hers as solid as you can get being back by the federal government. Do you value these income flows along with social security as fixed income as part of an over...
by midareff
Sat Nov 02, 2019 6:12 pm
Forum: Personal Consumer Issues
Topic: Consider the next phase of our travel?
Replies: 37
Views: 2823

Re: Consider the next phase of our travel?

My wife and I are 55/54 and are considered to be well travelled in some sense. I have been to 51 different countries/areas. We are financially independent and semi-retired. So we have some money (budget $20k ~ $30k each year for travel) and time to travel. Most of our previous travels have been to ...
by midareff
Sat Nov 02, 2019 9:51 am
Forum: Personal Consumer Issues
Topic: Replacing one tire on all wheel drive SUV
Replies: 13
Views: 1241

Re: Replacing one tire on all wheel drive SUV

I recently replaced one of my Michelin Latitude tour tire due to a puncher that could not be fixed on my 4 wheel drive Honda CR-V. The new tire a has a tread depth of 10/32 and the other 3 tires have a 7/32. In the December 2019 issue of Consumer Reports (page 52)it states if you need to replace on...
by midareff
Fri Nov 01, 2019 4:14 pm
Forum: Investing - Theory, News & General
Topic: Are these the next generations good old day?
Replies: 8
Views: 1529

Are these the next generations good old day?

It has been a truly remarkable run of asset and bond NAV (values). Your thoughts?
by midareff
Thu Oct 31, 2019 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Automatic ACH Bank Transfers
Replies: 11
Views: 1078

Re: Automatic ACH Bank Transfers

I use Ally Bank online as my primary and retained the Credit Union I used prior to retirement. To prevent the Credit Union from showing/going inactive I have Ally auto transfer in a few cents twice a month and then withdraw that amount. It's worked fine for quite a few years now. It's all automated ...
by midareff
Sat Oct 26, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6296

Re: car battery change or not? 2 year old battery

I asked my dealer service writer about a precautionary battery change at the 5 year market, as well as changing the tire pressure sensors when I changed tires, and was told to leave both alone until they fail. When you come out of a restaurant at 10:30 PM on a cold Saturday night and your car will ...
by midareff
Sat Oct 26, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6296

Re: car battery change or not? 2 year old battery

Exactly! I would prefer to change my battery several months too early at my convenience rather than one day too late at a time and/or place of inconvenience. LOL, cold Saturday night in Miami.. that would be novel. .. as would coming out of a restaurant at 10:30 PM. If all of that did happen it wou...
by midareff
Sat Oct 26, 2019 10:14 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6296

Re: car battery change or not? 2 year old battery

I asked my dealer service writer about a precautionary battery change at the 5 year market, as well as changing the tire pressure sensors when I changed tires, and was told to leave both alone until they fail. When you come out of a restaurant at 10:30 PM on a cold Saturday night and your car will ...
by midareff
Sat Oct 26, 2019 7:25 am
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6296

Re: car battery change or not? 2 year old battery

I asked my dealer service writer about a precautionary battery change at the 5 year market, as well as changing the tire pressure sensors when I changed tires, and was told to leave both alone until they fail. When you come out of a restaurant at 10:30 PM on a cold Saturday night and your car will ...
by midareff
Thu Oct 24, 2019 2:48 pm
Forum: Personal Consumer Issues
Topic: car battery change or not? 2 year old battery
Replies: 118
Views: 6296

Re: car battery change or not? 2 year old battery

I’d keep your battery until it fails. I’d also consider going to another service shop. I asked my dealer service writer about a precautionary battery change at the 5 year market, as well as changing the tire pressure sensors when I changed tires, and was told to leave both alone until they fail. Ex...
by midareff
Thu Oct 24, 2019 8:54 am
Forum: Personal Consumer Issues
Topic: How did your Windows 10 upgrade go?
Replies: 60
Views: 3971

Re: How did your Windows 10 upgrade go?

Happened in two stages ... two days ago and about 5 days ago. It said it could take 90 minutes, it took 5. Everything still works perfectly.

EDIT NOTE: I did go into task manager and disable start-up for One Note. I have no desire to have my documents and files available across the web.
by midareff
Thu Oct 24, 2019 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9713

Re: Do you plan to actually spend down your portfolio?

Many retirement calculators or rules usually assume that a retiree will spend down their money at end of the presumed life. A success is that you have more than zero dollar at the end of your modeling years, be it 30 years or 40 years. Yet we see here again and again statements (from retirees) like...
by midareff
Sun Oct 20, 2019 7:17 am
Forum: Personal Consumer Issues
Topic: Wallets [Do you carry a wallet?]
Replies: 102
Views: 8150

Re: Wallets [Do you carry a wallet?]

Yes, still carry a wallet when we go out. Four credit cards, driver's license, proof of insurance,roughly $120 in assorted denominations, some cards for my photo site, AARP card, medical insurance cards and so forth. Since this is South Florida yearly attire is water shorts which have a Velcro left ...
by midareff
Sat Oct 19, 2019 3:15 pm
Forum: Personal Investments
Topic: Retiring and Getting Over The Fear of Quitting?
Replies: 84
Views: 9772

Re: Retiring and Getting Over The Fear of Quitting?

It is a real fear and I'm sure most if not all of us go through it. I retired in April 2012, ,mental exercises galore to figure if I had enough to do things besides sit on the couch and wait to die. It was very traumatic and I'm sure if we had gone into 7 or 8 year market funk from there it would pr...
by midareff
Sat Oct 19, 2019 8:08 am
Forum: Personal Consumer Issues
Topic: Photo Scanner (Recommendations Please)
Replies: 33
Views: 2004

Re: Photo Scanner (Recommendations Please)

Hola Mates. Looking for a photo scanner to turn my paper photos into digital images, so I can be done with the former. I'd rather not spend a boatload (typical BH). Not that it matters, but I'll be storing in the cloud (google photos). Any recommendations would be appreciated! I went through the ex...
by midareff
Thu Oct 17, 2019 10:07 am
Forum: Personal Consumer Issues
Topic: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?
Replies: 52
Views: 5135

Re: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?

I've driven the Blue Ridge and through the Great Smoky Mtns Park quite a few times. There is a wonderful old mill, fully restored just outside the NC Welcome Station a few hundred yards into the Park. On the other side the ride to Cades Cove from the Tennessee side is breath taking. One of the hund...
by midareff
Thu Oct 17, 2019 10:02 am
Forum: Personal Investments
Topic: I'm an indexer, but should I be buying my companies discounted stock?
Replies: 42
Views: 3208

Re: I'm an indexer, but should I be buying my companies discounted stock?

I'd be buying hearty amounts every pay and selling as soon as rules permit. Look at it as a method of increasing your index buy by 15% every time you sell. :moneybag :moneybag :moneybag :moneybag :moneybag :moneybag I see the benefit as a salary increase of about 1.5%, which is nice but hardly eart...
by midareff
Thu Oct 17, 2019 8:55 am
Forum: Personal Investments
Topic: I'm an indexer, but should I be buying my companies discounted stock?
Replies: 42
Views: 3208

Re: I'm an indexer, but should I be buying my companies discounted stock?

I'd be buying hearty amounts every pay and selling as soon as rules permit. Look at it as a method of increasing your index buy by 15% every time you sell. :moneybag :moneybag :moneybag :moneybag :moneybag :moneybag
by midareff
Wed Oct 16, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Retired Empty Nester Move from House to Apartment
Replies: 27
Views: 4273

Re: Retired Empty Nester Move from House to Apartment

Not exactly the same but it may help...... raised a family in a single family home.. at least part of the way until we divorced. Since them I've lived with various wives and girlfriends.... I don't say that frivolously as its been 40 years, 2 wives, several long term g/f's and apartments, townhouses...
by midareff
Wed Oct 16, 2019 5:12 pm
Forum: Personal Consumer Issues
Topic: Toyota Extended Warranty
Replies: 13
Views: 1058

Re: Toyota Extended Warranty

As a brief off the cuff answer for extended warranty .. they are a profit center for dealers and sellers. If you can't afford to make repairs to your car if it breaks get the extended warranty. If you can ..... no thanks. .. minor risk issue.
by midareff
Wed Oct 16, 2019 5:10 pm
Forum: Personal Consumer Issues
Topic: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?
Replies: 52
Views: 5135

Re: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?

I've driven the Blue Ridge and through the Great Smoky Mtns Park quite a few times. There is a wonderful old mill, fully restored just outside the NC Welcome Station a few hundred yards into the Park. On the other side the ride to Cades Cove from the Tennessee side is breath taking. One of the hund...
by midareff
Wed Oct 16, 2019 4:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

and the fewer years until termination of decumulation the less effect it has, which is why many recommend a steadily increasing equity allocation through retirement. That's what I said, self mitigating. See An Introduction to Computational Finance Without Agonizing Pain , theory 1 on page 119. A ma...
by midareff
Wed Oct 16, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?
Replies: 52
Views: 5135

Re: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?

The "mountains" in Shenandoah are different from the ones further south. As a quick nomenclature clarification, the Catoctins in Maryland and stretching all the way down to Great Smoky in Tennessee are all part of the Blue Ridge Mountains, but the characteristics of each are quite different. The Ca...
by midareff
Wed Oct 16, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?
Replies: 52
Views: 5135

Re: If we visit Shenandoah and Blue Ridge Parkway, do we "need" to see Great Smoky Mtns. NP, too?

I've driven the Blue Ridge and through the Great Smoky Mtns Park quite a few times. There is a wonderful old mill, fully restored just outside the NC Welcome Station a few hundred yards into the Park. On the other side the ride to Cades Cove from the Tennessee side is breath taking. One of the hundr...
by midareff
Wed Oct 16, 2019 3:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

and the fewer years until termination of decumulation the less effect it has, which is why many recommend a steadily increasing equity allocation through retirement. That's what I said, self mitigating. See An Introduction to Computational Finance Without Agonizing Pain , theory 1 on page 119. A ma...
by midareff
Wed Oct 16, 2019 3:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

and the fewer years until termination of decumulation the less effect it has, which is why many recommend a steadily increasing equity allocation through retirement. That's what I said, self mitigating. That's nonsense: there is no recuperating from a poor initial sequence of returns. This is WHY i...
by midareff
Wed Oct 16, 2019 2:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

And sequence of return risk is FAR from self-mitigating (whatever you think that means). For a portfolio in decumulation, an adverse sequence of returns in the first 5 to 10 years will dramatically lower either the level or duration of income that portfolio will provide. This is a mathematical cert...
by midareff
Wed Oct 16, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

As I said previously, I have yet to see a compelling argument for this and I'm not seeing one here. Is this because you don't WANT to see it? I ask because I've seen the argument pretty clearly articulated. We simply are going to differ here. ... perhaps because you wish to give preferential vision...
by midareff
Wed Oct 16, 2019 9:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

I owned as much international in taxable as I did domestic. The last decade has made that costly, the next, no one knows but it seems unlikely the world will look much different when I wake up tomorrow. Don't make the mistake of thinking you need to see a fundamental change in the world in order fo...
by midareff
Wed Oct 16, 2019 9:49 am
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

I owned as much international in taxable as I did domestic. The last decade has made that costly, the next, no one knows but it seems unlikely the world will look much different when I wake up tomorrow. Don't make the mistake of thinking you need to see a fundamental change in the world in order fo...
by midareff
Wed Oct 16, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

I would agree that lots of daylight exists but lets get back to the universe, to be factual rather than argumentative and let's forget the 100 million. While there are many grading systems in the world I'm sure most of us are familiar with the bell curve. Certainly we can agree that the top 2% of t...
by midareff
Wed Oct 16, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

Since there are 195 Countries in the World today that looks pretty good to me. How many with a population over 100 million score better? Each comparison used a slightly different universe of countries, but most were comparing the US to other so-called "developed countries" which — depending on the ...
by midareff
Wed Oct 16, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12198

Re: Vanguard: the case for global equity investing

[Comment removed -- mod oldcomputerguy] Take a look at the following standings for the United States and tell me whether you think it is overwhelming evidence of anything other than a lack of exceptional economic standing. • 24th best education system • 25th fastest GDP growth • 22nd least corrupt ...