Search found 4398 matches

by midareff
Fri Feb 24, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Another Use Bonus to Invest or Pay Off Debt Question
Replies: 14
Views: 866

Re: Another Use Bonus to Invest or Pay Off Debt Question

35k (3.5%) payments of $970 That's what I see if you need to free up $1K or more a month. Alternatively, kill the $7K car payments (380 monthly) and see if they will recalculate payments on this note with a $23k payment. that should reduce payments by about $630 a month by napkin math and get you to...
by midareff
Fri Feb 24, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: S&P at 22 times multiple
Replies: 40
Views: 4408

Re: S&P at 22 times multiple

That's why an written IPS and follow your balance bands process is important. Set you AA (+/- 5%) according to your need, ability and willingness to take risk and then just manage your stuff according to your IPS. Other than that don't worry about things you have no control over.
by midareff
Fri Feb 24, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Pre-retirement checklist, what is on yours?
Replies: 25
Views: 1692

Re: Pre-retirement checklist, what is on yours?

A full document checkup from Living Wills, Upon Death Will, Power of Attorney and so forth including verification of beneficiaries.
by midareff
Thu Feb 23, 2017 9:08 am
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 76
Views: 4165

Re: Market Run Ups - Now vs. Then

Yes, I've seen and lived through this before too. ... started in the market > 4 decades ago. My portfolio is conservative, roughly 44/52/4 at the moment, equities, bonds and cash. With a Shiller at 29.28 and many talking heads babbling about new valuations it is only a matter of time until reversion...
by midareff
Wed Feb 22, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 65
Views: 3891

Re: Does anyone else have (possibly too much) fun dealing with finances?

I enjoy it, but I am on auto-drive and enjoy watching, especially the days that Social Security and my pension hit the bank. :D . I use excel and update when shares reinvest or pay to my bank and it's all pretty easy as the sheets update from a Morningstar export.
by midareff
Wed Feb 22, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance (incorrectly) cancelled for non-payment
Replies: 20
Views: 985

Re: Health insurance (incorrectly) cancelled for non-payment

It seems to me that if your autopay to credit card was established on a timely basis, and they didn't execute it the problem should be theirs. Are you able to prove the autopay was executed on a timely basis?
by midareff
Wed Feb 22, 2017 8:11 am
Forum: Investing - Theory, News & General
Topic: Simba's backtesting spreadsheet
Replies: 956
Views: 521783

Re: Simba's backtesting spreadsheet

excel use only.
by midareff
Sun Feb 19, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: How do you invest the proceeds [from your RMD?]
Replies: 22
Views: 1776

Re: How do you invest the proceeds [from your RMD?]

My RMD starts next year (2018). The plan, as of now, is to re-balance the IRA as needed around the first of the year and then establish a monthly transfer to my bank for spending. That will lower the monthly draw from taxable a corresponding amount.
by midareff
Sat Feb 18, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to Split $10K Fed Tax Bill Between Husband and Wife
Replies: 38
Views: 2013

Re: How to Split $10K Fed Tax Bill Between Husband and Wife

Married correct? Everything is joint Pay it out of whatever bucket you can find it. Forget "percentages" :mrgreen: We are married - 25 years this July - and we've alway kept our finances separate. This was her request because her ex-husband mis-managed her money. We don't have a bucket. S...
by midareff
Sat Feb 18, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 6780

Re: Need advice on girlfriend debt/finances

So my girlfriend and I live in my house I bought in 2010. She isn't much of a saver and never really has planned or budgeted. I have been trying to encourage her to payoff debt, but that hasn't gone well and is a stress/anxiety source for us both ..... She only works 25hrs/week which is concerning ...
by midareff
Sat Feb 18, 2017 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice regarding placement of bonds
Replies: 11
Views: 671

Re: Portfolio advice regarding placement of bonds

Thank you for your replies! If you aren't planning to touch bond money for 30 years, I would go with long term bonds. If you don't feel comfortable with that, compare the performance of the total bond fund to the intermediate bond fund. I guess my comment about "not touching the money" wa...
by midareff
Sat Feb 18, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Safe Withdrawal Strategy
Replies: 19
Views: 1025

Re: Safe Withdrawal Strategy

4% withdrawal every year the portfolio's value is more than the value at the time of retirement. 2% withdrawal every year the portfolio's value is less than the value at the time of retirement. Does this make more sense than a constant 3% withdrawal rate? Does this increase the chances of having a ...
by midareff
Sat Feb 18, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice regarding placement of bonds
Replies: 11
Views: 671

Re: Portfolio advice regarding placement of bonds

Your tax rate makes me shudder.... and certainly would drive anyone to max the 401k despite the equity choices being unattractive. Having said that I find the fixed income choices even less attractive. With a 1.5% asset based charge and bond fees running from .82% to 1.3% I don't see a possibility o...
by midareff
Fri Feb 17, 2017 4:37 pm
Forum: Personal Consumer Issues
Topic: The russians are hacking me
Replies: 35
Views: 4962

Re: The russians are hacking me

I use LastPass with a 15 character alphanumeric upper and lower case password. Additionally, it is country of request restricted and machine restricted. While nothing is absolutely unhackable I consider this as safe as can be.
by midareff
Thu Feb 16, 2017 8:01 pm
Forum: Personal Consumer Issues
Topic: Cruise suggestions.
Replies: 27
Views: 2183

Re: Cruise suggestions.

Gratuities, any optional ground excursions and alcohol on board is the general.
by midareff
Thu Feb 16, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Credit cards vs. Cash
Replies: 123
Views: 6407

Re: Credit cards vs. Cash

I used to lunch (before retirement) with a couple of fellows who always paid cash. They did that since using or having credit cards in the house become problematic either by them or spouses. I use credit cards to maximize cash rewards and never buy anything I wouldn't have bought by paying for by ca...
by midareff
Thu Feb 16, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: How long do you keep your kitchen sponge?
Replies: 44
Views: 3487

Re: How long do you keep your kitchen sponge?

The maid cleans them up when she cleans the apartment. When they start to look a bit tired and weary we change them. They are too cheap to worry about.
by midareff
Thu Feb 16, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: What's a good analogy for average returns?
Replies: 45
Views: 2694

Re: What's a good analogy for average returns?

You could say that your investment strategy beats 85% of all investors over the long run. That should pique their interest and give you an opportunity to explain it in a little more detail. and include ...... that percentage includes all professional money managers, hedge funds and private individu...
by midareff
Sun Feb 05, 2017 10:17 am
Forum: Personal Consumer Issues
Topic: Car totalled. Need advice on which insurance company to file a claim?
Replies: 30
Views: 1727

Re: Car totalled. Need advice on which insurance company to file a claim?

I think you misunderstood your options. If you choose option 1, the first step will be Amica writing you a check minus your deductible. The second step will be Amica getting their money and your $1000 back from the other insurance company. You would then receive the $1000 at that later date. Ditto,...
by midareff
Sun Feb 05, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: mattresses and alcohol (bourbon, scotch, whiskey)
Replies: 45
Views: 3759

Re: mattresses and alcohol (bourbon, scotch, whiskey)

My take on all of it is simple. You spend about 1/3 of your life on your mattress. Whatever my lower back tells me about my mattress in the morning is good enough for me and any cost difference spread over 10 to 15 to 20 years, measured by the hour, or by the day, is insignificant. Booze... I'm in t...
by midareff
Sun Feb 05, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: Should retirees build a reserve for RMDs?
Replies: 16
Views: 2365

Re: Should retirees build a reserve for RMDs?

We are both retired and hold most of our equities in taxable accounts, and hold bonds in IRAs. My traditional IRA is all bonds, split equally between VG Total Bond and VG Intermediate Corp Bond, with no cash. I will start RMDs in 2020, and we will use that money for living expenses. With so many fa...
by midareff
Sun Feb 05, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Keep a Local Bank?
Replies: 76
Views: 4490

Re: Keep a Local Bank?

For many years, we have had two banks- one online and one locally. We find ourselves doing 99% of our banking online. We have access to a notary public at both of the hospitals where DW and I work. Is there any reason anyone can think of to keep the local bank. We would like to SIMPLIFY. Thanks. ga...
by midareff
Sat Feb 04, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Declined with 800 FICO Score?
Replies: 33
Views: 2682

Re: Declined with 800 FICO Score?

There are times when there is no explanation for the actions of a credit card company. We have perhaps a dozen cards with which we optimize benefits and cash back and use heavily since we are retired and traveling frequently .. LOL, leaving for a cruise to the Panama Canal tomorrow, etc. FICO floats...
by midareff
Sat Feb 04, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for a temporary change in AA
Replies: 14
Views: 735

Re: Looking for a temporary change in AA

Trying to outguess what the market will do by making AA changes is a recipe for lower returns. Changing your AA because you are uncomfortable with it's inherent risk is another issue. At 28 years old you are really at the beginning of your investment (and life's) horizons, which you will find are go...
by midareff
Sat Feb 04, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: Single Malt Scotch-time for another thread?
Replies: 69
Views: 5621

Re: Single Malt Scotch-time for another thread?

Just my $0.02 worth. Spend a little time "getting to know" Glenmorangie, Glenlivet & Glenfiddich; all excellent single malts. And not too expensive. I rotate between them, with perhaps a slight bias toward Glenlivet. As posted earlier, Famous Grouse is a very good, low cost blended Sc...
by midareff
Fri Feb 03, 2017 6:46 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 89
Views: 6181

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

A thread on "How Many Funds Do You Have In Your Portfolio" in the context of where you are in the retiree "Withdrawal Phase" might help others. Retiree or near Retiree. 0. Accumulation phase also welcome. 1.Withdrawal Phase (how long into retirement)? Starting year 6. 2. Number ...
by midareff
Fri Feb 03, 2017 11:10 am
Forum: Investing - Help with Personal Investments
Topic: All investments with Vanguard - Should I diversify
Replies: 19
Views: 1733

Re: All investments with Vanguard - Should I diversify

I keep my Roth at Fidelity for several reasons. It is a play money type account for me in which I play sectors. So far I have proven dumb luck outruns smarts any day doing that and #2.. I want Fido to think I'm a customer since I use their 2% cash back cards lots and only keep a $5 placeholder there...
by midareff
Fri Feb 03, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 89
Views: 6181

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

A thread on "How Many Funds Do You Have In Your Portfolio" in the context of where you are in the retiree "Withdrawal Phase" might help others. Retiree or near Retiree. 0. Accumulation phase also welcome. 1.Withdrawal Phase (how long into retirement)? Starting year 6. 2. Number ...
by midareff
Thu Feb 02, 2017 1:21 pm
Forum: Personal Consumer Issues
Topic: Should you stop using your antivirus software?
Replies: 36
Views: 2504

Re: Should you stop using your antivirus software?

I do a couple of hours a day of reading on the net and occasionally get a Malwarbytes popup that they blocking something or other. I also use their anti-exploit software and windows defender. For a few bucks a year I'll keep them all up to date. A warning does not mean the anti-virus has done somet...
by midareff
Thu Feb 02, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Should you stop using your antivirus software?
Replies: 36
Views: 2504

Re: Should you stop using your antivirus software?

I do a couple of hours a day of reading on the net and occasionally get a Malwarbytes popup that they blocking something or other. I also use their anti-exploit software and windows defender. For a few bucks a year I'll keep them all up to date. Note that many of us get McAfee, Symantec/Norton, or ...
by midareff
Thu Feb 02, 2017 11:43 am
Forum: Personal Consumer Issues
Topic: Should you stop using your antivirus software?
Replies: 36
Views: 2504

Re: Should you stop using your antivirus software?

I do a couple of hours a day of reading on the net and occasionally get a Malwarbytes popup that they blocking something or other. I also use their anti-exploit software and windows defender. For a few bucks a year I'll keep them all up to date.
by midareff
Thu Feb 02, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: Grand Canyon in May. Booked already!
Replies: 29
Views: 2758

Re: Grand Canyon in May. Booked already!

BTW... dinner at sunset in El Tovar's dining room looking over the canyon is really something worth doing.. a memory that will last a long time. The lodge right next (west) to El Tovar, Kachina Lodge, also has dining room reservation privileges for El Tovar's dining room, which is reservations only....
by midareff
Wed Feb 01, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon in May. Booked already!
Replies: 29
Views: 2758

Re: Grand Canyon in May. Booked already!

Many years ago it was brought to my attention by an experienced National Parks goer that the accommodations inside the parks that are cancelled leading up to the arrival date are posted ten days in advance of arrival. On two different occasions I was able to get inside the park reservations exactly ...
by midareff
Mon Jan 30, 2017 7:55 am
Forum: Personal Consumer Issues
Topic: Please tell me if I can afford this Porsche
Replies: 81
Views: 5186

Re: Please tell me if I can afford this Porsche

- Pretax income is $750,000 -- 1/3 from consulting, 1/3 from passive income businesses built years ago and going strong, 1/3 from a company I founded and largely own -- Wife income another $300K (normal W2 job) -- No kids yet -- Total pretax income $1.05M, total aftertax income $500K I'd be looking...
by midareff
Mon Jan 30, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Please tell me if I can afford this Porsche
Replies: 81
Views: 5186

Re: Please tell me if I can afford this Porsche

- Pretax income is $750,000 -- 1/3 from consulting, 1/3 from passive income businesses built years ago and going strong, 1/3 from a company I founded and largely own -- Wife income another $300K (normal W2 job) -- No kids yet -- Total pretax income $1.05M, total aftertax income $500K I'd be looking ...
by midareff
Sun Jan 29, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: How much international?
Replies: 80
Views: 7568

Re: How much international?

Retired with 30% of equities in international which is roughly 12% of portfolio. Still waiting for the Efficient Frontier to be efficient.
by midareff
Sat Jan 28, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: Dental Insurance in Retirement
Replies: 20
Views: 1817

Re: Dental Insurance in Retirement

Can Bogleheads recommend dental insurance for people in our circumstances? Names of insurers and premium costs would be helpful. What are the pros and cons? Or should we simply set aside enough money to self-insure? Canopus We are retired and I researched dental plans and could not find anything wo...
by midareff
Sat Jan 28, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Criteria for admittance to the 2-comma club
Replies: 79
Views: 5698

Re: Criteria for admittance to the 2-comma club

Hi Bogleheads - Something I've been thinking about for awhile... does anyone know what the criteria are for admittance to the 2-comma club? Is it just investment and retirement accounts, or does home equity count too? If both are included, then my assets total about $950K. And what about pensions? ...
by midareff
Sat Jan 28, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Pay Your Monthly Bills?
Replies: 42
Views: 3612

Re: How Do You Pay Your Monthly Bills?

We use several cards to maximize cash back and about once a year one of them is compromised. Our primary every day 2% cash back card was used to order cosmetics from a company in South Africa they had flagged for fraud so it never completed early last December. They overnighted me a new card and it ...
by midareff
Fri Jan 27, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Humble brag finally got admiral shares in taxable account
Replies: 29
Views: 3825

Re: Humble brag finally got admiral shares in taxable account

Congratulations... when I talk investments with my wife her eyes glaze over and she gets a headache.
by midareff
Thu Jan 26, 2017 11:45 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 7343

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy Birthday Taylor! I wish you the very best in this new year and beyond..... and it was great to finally meet you Sunday.
by midareff
Thu Jan 26, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corp. Adm. VWEAX
Replies: 16
Views: 1397

Re: Vanguard High-Yield Corp. Adm. VWEAX

Higher volatility and higher distributions are a reflection of higher risk. I believe this fund may have a place in the IRA of a long term portfolio, although not a very large one. As I recall, Larry Swedroe and Rick Ferri have opposing opinions on this topic. Under full disclosure I have an 8% slic...
by midareff
Thu Jan 26, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Sector Funds vs Total Market?
Replies: 11
Views: 786

Re: Thoughts on Sector Funds vs Total Market?

I play sectors in my Roth which is about 5% of total. If you pick sector funds by past performance you are doing so with no idea how they will do in the future. If you are going to play do so with great conviction about the upcoming and future business possibilities of the sector. Trust me, when pic...
by midareff
Thu Jan 26, 2017 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Retired - Continue to reinvest dividends and capital gains?
Replies: 4
Views: 593

Re: Retired - Continue to reinvest dividends and capital gains?

I'm retired and start my RMD in 2018. I'm undecided on which method to use. What I see as logical choices are either having all dividends in IRA buy shares into St Bond Fund and then distribute 1/12 of required RMD monthly from ST Bond Fund to bank, or, re-balance at the end of the year funding the ...
by midareff
Thu Jan 26, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Rebalancing AA in Retirement
Replies: 12
Views: 830

Re: Rebalancing AA in Retirement

Also retired and I draw from IT Muni's in taxable. I re-balance into that as needed by a relatively steadily rising equity position(s). Should equities tank I'll try to remember not to risk money I do need to make money I don't need, before jumping into more equities.
by midareff
Thu Jan 26, 2017 8:31 am
Forum: Investing - Theory, News & General
Topic: Dow hits 20,000. What next? Share your strategy
Replies: 107
Views: 9048

Re: Dow hits 20,000. What next? Share your strategy

I plan on actively doing nothing.
by midareff
Thu Jan 26, 2017 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Best CC for Travel
Replies: 82
Views: 6683

Re: Best CC for Travel

adaml30 wrote:They will provide her with one but she said she can use her own to get reimbursed, which I think is the best idea to get some rewards.


I'd give a 2% cash back card consideration.
by midareff
Wed Jan 25, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: If We Know Bonds Will B Going Down.....
Replies: 24
Views: 2257

Re: If We Know Bonds Will B Going Down.....

With probably 2-3 interest rate increases coming in 2017, we are fairly confident bond fund prices will be going down. Since this is fairly certain - why not move my IRA money from its current 2030 target fund to a 2050 target fund temporarily (until we are confident interest rates are stable)? Yes...

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