Search found 5075 matches

by midareff
Sat Dec 16, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: end of 2017 portfolio review/sanity check
Replies: 7
Views: 479

Re: end of 2017 portfolio review/sanity check

I'd like to get to the bottom line of equities vs. fixed income (bonds) without a bunch of calculations. Can you help me out?
by midareff
Sat Dec 16, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 44
Views: 1809

Re: How much do you spend on food per month, per person?

About $500 a month for two retired adults. Total grocery store.
by midareff
Fri Dec 15, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: going to cash w present instability
Replies: 35
Views: 5267

Re: going to cash w present instability

85 years old net worth 3 mil 1.4 mil in Target Retirement Fund other assets Real Estate and Pensions considering exchanging 1.4 mil in Target Retirement Fund to cash--- Vanguard Money Markets consider present market headed toward volatility at best thanks Frederickj How about dropping the $1.4M int...
by midareff
Fri Dec 15, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: Am I wrong in thinking about the bull this way?
Replies: 7
Views: 963

Re: Am I wrong in thinking about the bull this way?

I lived through the 1999-2000 tech wreck and 2007-2008 drop and recession. These things come along and they are beyond your control. Your AA is within your control. Set your asset allocation as appropriate for your age and other factors and continue to invest, and continue to maintain your AA by re-...
by midareff
Fri Dec 15, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Where to hold temporarily when transferring fund to Vanguard?
Replies: 5
Views: 187

Re: Where to hold temporarily when transferring fund to Vanguard?

When I buy a fund at Vanguard from the outside I simply buy direct from my linked Ally Bank account. The buy is executed that day as long as it is before 4 PM EST.
by midareff
Fri Dec 15, 2017 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Hit a milestone today; starting to see impact of compounding over time
Replies: 11
Views: 2019

Re: Hit a milestone today; starting to see impact of compounding over time

Congratulations, that's great news. Stay with the program and success will be yours.
by midareff
Fri Dec 15, 2017 8:00 am
Forum: Personal Finance (Not Investing)
Topic: For those in retirement, how close is your post retirement spending to your pre-retirement estimate?
Replies: 26
Views: 2298

Re: For those in retirement, how close is your post retirement spending to your pre-retirement estimate?

I'd say the original estimates were quite accurate. If anything I over estimated clothes.. retired life in South Florida is T's and shorts. We eat out more, but that was expected and over the years things creep.. condo maintenance goes up 2% or 3% a year, MEDICAL, the 900 pound GORILLA in the room g...
by midareff
Thu Dec 14, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Account for yearly vacations
Replies: 16
Views: 936

Re: Investment Account for yearly vacations

I fund vacations out of cash-flow part of which is channeled to a dedicated account. We are retired so for us this is from my retirement income, but I keep it separate from every day bill money. I use a checking account for the everyday stuff and two savings accounts (Ally Bank 1.25%). One is to es...
by midareff
Thu Dec 14, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Investment Account for yearly vacations
Replies: 16
Views: 936

Re: Investment Account for yearly vacations

I fund vacations out of cash-flow part of which is channeled to a dedicated account. We are retired so for us this is from my retirement income, but I keep it separate from every day bill money. I use a checking account for the everyday stuff and two savings accounts (Ally Bank 1.25%). One is to esc...
by midareff
Thu Dec 14, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: FIFO and withdrawals from taxable
Replies: 12
Views: 540

Re: FIFO and withdrawals from taxable

Hopefully, in the future you will have even greater gains to deal with.
by midareff
Thu Dec 14, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Only Wellington and Wellesley in retirement portfolio. Is that a good idea?
Replies: 15
Views: 1973

Re: Only Wellington and Wellesley in retirement portfolio. Is that a good idea?

It is a good idea only if you want to own two actively managed funds that concentrate on dividend stocks and corporate bonds. While in a retirement portfolio, and I assume you mean an IRA of one sort or another, the higher dividends are tax shielded, you might have better long term performance with ...
by midareff
Thu Dec 14, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 56
Views: 5799

Re: Reached 50X annual spending. Now what?

Will be 70 in two weeks and can almost pay the bills from my cola'd pension and SS. Both retired although she is younger and a long way from SS. Thanks to the bull the portfolio I retired with six years ago now enables lots of things I did not expect would be possible. As I mentioned in another post...
by midareff
Wed Dec 13, 2017 10:04 am
Forum: Investing - Theory, News & General
Topic: Is Nationwide a good company?
Replies: 10
Views: 1260

Re: Is Nationwide a good company?

Another thing to look at is the financial tiers at which you may do other things with money in the account. As I recall, I had both ICMA and Nationwide available from my (former) employer. Both had what Bogleheads consider high fee funds available but (again, as I recall) Nationwide would let you mo...
by midareff
Wed Dec 13, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: I'm sure you've seen this.
Replies: 4
Views: 897

Re: I'm sure you've seen this.

...... is this a big enough bubble to initiate a full scale stock market reversion to the mean when the bubble does what all bubbles do? ... with all the associated waves washing over the housing and jobs markets like they did in the last two (1999-2000 and 2007-2008) ? Even if you are OK and well p...
by midareff
Tue Dec 12, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 135
Views: 13657

Re: What to do after losing $117k in stock market?

Looking for excitement? The market is very boring when done right.
by midareff
Mon Dec 11, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 1667

Re: What cause BH fear about running out of saving though they have big size of asset?

There were times in my life I was really, really, poor. I remember them and will made dam sure they don't happen again.
by midareff
Sun Dec 10, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Forward looking expected returns and SD:your guess and reason
Replies: 6
Views: 537

Re: Forward looking expected returns and SD:your guess and reason

None of it is anything I concern myself about. What will be is what will be. A diversified portfolio covers all the bases, you just need to make sure you retire with enough.
by midareff
Sun Dec 10, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: How should I look at SS and pensions when developing my post-FRA AA?
Replies: 30
Views: 984

Re: How should I look at SS and pensions when developing my post-FRA AA?

IMHO they should be counted as a separate cash flow, as your WR $ from your portfolio is or will be, towards paying your monthly obligations and left overs for discretionary spending. I use a "Budget Book" which contains a column for monthly expenses, a column for monthly escrow or IRS Quarterly, pr...
by midareff
Sat Dec 09, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 170
Views: 12151

Re: Save all this money, what do you splurge on?

I know this goes against us living frugal however you also need to enjoy and live life a little. Would love to hear what you all "splurge" on. For me, it is cars. Probably the worst thing to splurge on as a depreciating asset, but toying around with cars and enjoying them is great. The current toy ...
by midareff
Fri Dec 08, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2960

Re: Do you have any guilty pleasure investments?

I play in my Roth which was <3% of portfolio and dabbled with EM, Healthcare, Tech, extended markets and other things, mostly Fidelity Sector Funds for awhile. The only think I have proved is being lucky is far better than being smart as it is now about 7% of total portfolio despite nearly a 5% tax...
by midareff
Fri Dec 08, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2960

Re: Do you have any guilty pleasure investments?

I play in my Roth which was <3% of portfolio and dabbled with EM, Healthcare, Tech, extended markets and other things, mostly Fidelity Sector Funds for awhile. The only think I have proved is being lucky is far better than being smart as it is now about 7% of total portfolio despite nearly a 5% tax ...
by midareff
Fri Dec 08, 2017 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Bond allocation in my taxable account - Help me
Replies: 17
Views: 415

Re: Bond allocation in my taxable account - Help me

FWIW, I have VWIUX (VG Intermediate Term Tax-Ex Bond Fund) as the only bond fund in my taxable account. VWIUX holds over 7000 bonds and is well diversified. In a high tax bracket I would not hold Total Bond and pay 33% tax on the distributions.
by midareff
Fri Dec 08, 2017 9:34 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 85
Views: 8251

Re: Jack Bogle Is Worried About U.S. Pensions

The pension crisis has been below the surface for well over a decade. At some point this is going to bubble up. Pensions are generally funded by portfolios of stocks, bonds and real estate. If you believe in reversion to the mean stocks and bonds are going to have significant headwinds going forwar...
by midareff
Fri Dec 08, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10366

Re: Price of haircut?

Started shaving my head in 1998 and started using a Whol on the goatee about then. The Whol still works and it was about $17.95, 19 years ago so a buck a year for it. I get about 20 head shaves to a blade @ 3 a week, so a buck a month more than covers it completely. I think we could call the whole t...
by midareff
Fri Dec 08, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: Extended warranty on 2018 Outback
Replies: 47
Views: 1598

Re: Extended warranty on 2018 Outback

No No No.....Never buy an extended warranty. Worked in the industry for a bit many years ago and we were always told to push these products. But if you are thinking about it that is a decent price. Having spent almost my entire career in the ground transportation business I'd add all they are is an...
by midareff
Thu Dec 07, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 1560

Re: Anyone mirror AA acorss multiple accounts ?

A mirror doesn't have to be exact. AA using Total US, Total International and bonds across IRA and taxable. In taxable I use Tax-Ex bond fund instead of a taxable bond fund.
by midareff
Thu Dec 07, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4234

Re: When Bitcoin blows-up

Obviously, NOT Bitcoin or any other similar "currency".
by midareff
Thu Dec 07, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: Does it look like a bubble to you?
Replies: 42
Views: 3591

Re: Does it look like a bubble to you?

Whether a bubble, a trend, a whatever... makes no diff.. I'm here for the duration and not interested in timing.
by midareff
Thu Dec 07, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 63
Views: 4335

Re: What did you do with your first RMD withdrawal money?

First is scheduled for 1/4/2018 and will be used to equally reduce the draw from taxable. It will go directly into an account I use to pay for travel.
by midareff
Thu Dec 07, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Firefox upgrade broke my add-on, switched to Waterfox
Replies: 28
Views: 3582

Re: Firefox upgrade broke my add-on, switched to Waterfox

inittowinit wrote:
Mon Nov 20, 2017 5:06 pm
I have noticed that LastPass' functionality is limited in the new Firefox. Frustrating.
Have not noticed that and use LastPass daily. FWIW, I thought Quantum was quite a bit quicker than the older fox.
by midareff
Wed Dec 06, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: A Trip to Russia
Replies: 81
Views: 4294

Re: A Trip to Russia

My wife and I plan on a trip to Russia (Moscow and St. Petersburg) next October. Probably fly into Moscow and out of St. Pete. Any recommendations from seasoned travelers would be appreciated. Yup..... wife and I did a Viking Riverboat from Moscow to Saint Petersburg last summer.. oops, summer of 2...
by midareff
Wed Dec 06, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: retirement strategy
Replies: 24
Views: 2663

Re: retirement strategy

...if the market corrects itself I won't have to withdraw funds that have gone down in value. If you just set your investments to not automatically reinvest the dividends then a 2% dividend, which is reasonable, would give you $44,000 a year so you should not have to actually sell any of your inves...
by midareff
Wed Dec 06, 2017 4:07 pm
Forum: Personal Consumer Issues
Topic: Least/Most Reliable Carmakers Today
Replies: 31
Views: 1948

Re: Least/Most Reliable Carmakers Today

I guess I'm not buying the numbers. Had two new Porsche convertible's that needed to go to the P dealer every 6-8 weeks for warranty repairs. Were they fun to drive.. hxll yes. Were they chick magnets . hxll yes. Would I have kept either of them one day after the warranty ran out.. hxll NO. My Benz ...
by midareff
Wed Dec 06, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 181
Views: 10820

Re: Do people still use AAA?

I still use them. I subscribe to the "plus" level for the increased 100 mile towing range (considering where we live and like to drive, hopefully we will never need it, but it's good to know it won't cost me an arm and a leg to get my vehicle back to a repair shop). We used AAA twice over the last ...
by midareff
Mon Dec 04, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Bond choices in multiple 401(k) accounts
Replies: 12
Views: 850

Re: Bond choices in multiple 401(k) accounts

The purpose of bond funds in accumulation are twofold. #1. It's your safe money in case of a detrimental event or series of events. #2. It's your rebalance money to buy stocks at a fire sale not in case, but when #1 happens. If all you hold in the former employer's account is bonds #2 can't happen a...
by midareff
Sun Dec 03, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: Buy Warranty for Bosch Appliances?
Replies: 15
Views: 896

Re: Buy Warranty for Bosch Appliances?

We're redoing our kitchen and are buying a set of Bosch appliances. Fridge, Electric Oven (induction), microwave and diswasher. The Fridge & Oven are the most expensive - about $2,800 a piece. They both come with a 1 year warranty and we have the option to buy an extended 5 year warranty for $440 a...
by midareff
Sun Dec 03, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit
Replies: 23
Views: 2220

Re: Social Security Spousal Benefit

I am 31 and have a long time until Social Security will be on my mind, however my dad is 67 (68 in March) and my mom is 61 (62 in January) so they are right in this time frame. They recently met with Social Security about starting to receive benefits which has caused me to read up on the subject an...
by midareff
Sun Dec 03, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: The 4% rule, Firecalc and Human Nature
Replies: 86
Views: 5925

Re: The 4% rule, Firecalc and Human Nature

There is absolutely nothing certain in retirement planning other than a belief that at a certain level of savings you have enough, when it is melded with a cola'd pension and SS. First, we don't even know how long we, or we and SO or spouse will live. We don't know if even a top 10 funded pension pl...
by midareff
Sun Dec 03, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: Used Car Buying Help
Replies: 20
Views: 1397

Re: Used Car Buying Help

I think $19K is too expensive for a three year old car that was probably about $28K new, three years ago. I'd work on getting the best deal possible through buying services, credit unions and so forth and go new. At three years old you have maybe one year of warranty left vs. 4 for new, that's worth...
by midareff
Sun Dec 03, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3164

Re: Card declined - blocked country

Sounds like nonsense to me. If a country is blocked you should not be able to designate it as a country you are traveling too.
by midareff
Sun Dec 03, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11176

Re: After financial independence, do you lose motivation for work?

I didn't as it was of utmost importance to me to do the best and most thorough professional job possible, including an orderly hand-off of responsibilities and assignments to subordinates as the last day approached. I'd like to think none of it effected what I did or the effort I continued to exert.
by midareff
Sun Dec 03, 2017 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds in Taxable?
Replies: 10
Views: 703

Re: Index Funds in Taxable?

I would not do what you are doing either. Total US Market, Total Int Market and IT Tax-Exempt Bond Fund. So just to make sure I understand most of the sentiment so far, the Schwab Total Market is okay, but the LS fund is where the issue is? Yes, it would not seem prudent to generate any more taxabl...
by midareff
Sun Dec 03, 2017 8:33 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6651

Re: How to convince DW that high miles used car is OK

I believe the older the car, or the higher mileage it has the less dependable it is. When I was in my 20's or 30's I just pull the tools out of the trunk and get it to run again and get it home, or to the dealer. In my 50's I got AAA for the roadside assistance. In my 60's I put a cap on vehicle age...
by midareff
Sun Dec 03, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: A " Bond Tent" During the "Retirement Red Zone?"
Replies: 52
Views: 4670

Re: A " Bond Tent" During the "Retirement Red Zone?"

All interesting stuff when we don't know the markets performance for the next 5 or 10 years, and we are presently 8 years or so into a bull market. I'm more about a conservative AA that resembles Liability Matching than anything else. Six years retired with AA at 45/55 and a 4.3% draw. The 55 is fun...
by midareff
Sun Dec 03, 2017 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds in Taxable?
Replies: 10
Views: 703

Re: Index Funds in Taxable?

I would not do what you are doing either. Total US Market, Total Int Market and IT Tax-Exempt Bond Fund.
by midareff
Fri Dec 01, 2017 4:37 pm
Forum: Personal Consumer Issues
Topic: Should I consider a travel Credit Card?
Replies: 30
Views: 2133

Re: Should I consider a travel Credit Card?

I have a dedicated travel card as well as my normal every day card(s). Both are Fidelity 2% cash back Visa cards. One autopays to my regular checking account the other to an account I use to accumulate for and pay for travel. I would take 2% cash back before airline miles anytime. That said, we have...
by midareff
Fri Dec 01, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I include cash set aside for home purchase when computing asset allocation
Replies: 20
Views: 767

Re: Should I include cash set aside for home purchase when computing asset allocation

runner3081 wrote:
Fri Dec 01, 2017 12:48 pm
Yes, I would. Then, once the house is purchased adjust your AA.
Agreed......
by midareff
Fri Dec 01, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes in Retirement [ways to forecast]
Replies: 26
Views: 2245

Re: Taxes in Retirement [ways to forecast]

I use both H&R Block's forecaster and Turbo's Taxcaster and have for several years. I run them at the beginning of the year with my best estimates for the coming year for income (pension, SS, RMD, dividends, interest, etc.) and expenses (mortgage interest, property tax, guestimate medical, expected ...
by midareff
Fri Dec 01, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: How your FA, insurance agent, your community reacts when you show your financial knowledge?
Replies: 39
Views: 4596

Re: How your FA, insurance agent, your community reacts when you show your financial knowledge?

We were invited (again) to one of those fancy (Morton or Smith and W) steak dinners for a presentation and went. At the next day follow-up call the young lady asked what I thought. I told her I didn't see anything in the presentation that would lead me to believe they could generate sufficient alpha...