Search found 4600 matches

by midareff
Mon May 22, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Why Invest in Average?
Replies: 18
Views: 1375

Re: Why Invest in Average?

I invest in average because over an extended time period I will be better than at least 92% of those who didn't see things that way. That's still an A in my book with no use of time or sleepless nights.
by midareff
Mon May 22, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my non-US citizen fiancée
Replies: 9
Views: 672

Re: Help me help my non-US citizen fiancée

FWIW... we have just gone through the process of obtaining residence and applying for citizenship for my Thai wife. #1. The process of obtaining a Fiance Visa will take 8 to 10 months at best. Get the application going and DO NOT get married here until you have the Visa, and she has entered the US o...
by midareff
Mon May 22, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?
Replies: 20
Views: 876

Re: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?

I wish them nothing but the best but have a personal understanding of some of the complexities when distances are involved. True or when any finances are involved. If he were sell his property, not own any of his own, move in with her (helping her pay her mortgage) and then something were to happen...
by midareff
Mon May 22, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?
Replies: 20
Views: 876

Re: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?

Living out of state and visiting at your vacation home and full time are worlds apart. Each other's warts will look larger. That is true, although she has been living with him full time at his residence since last fall. She will soon be going home for the summer. I wish them nothing but the best bu...
by midareff
Mon May 22, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Company "Case Manager"
Replies: 10
Views: 737

Re: Health Insurance Company "Case Manager"

Perspective may be everything... your son is AOK, that's all that is important. If there are some charges that are in accordance with your insurance there is nothing to be annoyed about, your son is AOK. I recently had a hip redone and lots of folks contacted me after I got home from home nurses and...
by midareff
Mon May 22, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?
Replies: 20
Views: 876

Re: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?

I'd say never count on an outcome two years from now when a g/f is involved. Find a place he can put up with for two years as a rental that allows a dog. Good point. They could split up by then. They get along well now but who knows? Living out of state and visiting at your vacation home and full t...
by midareff
Mon May 22, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: rebalance or not
Replies: 5
Views: 258

Re: rebalance or not

I was asked one day about a year ago by a fellow I was discussing stock market stuff with if I followed my written plan religiously. I said yes, my plan does not allow subjective evaluation at points where execution of specific instructions are required. If you are questioning your plan perhaps a re...
by midareff
Mon May 22, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Risks of electronic access
Replies: 29
Views: 1971

Re: Risks of electronic access

All credit cards I know of in this country (USA) have fraud protection so I have zero concern about them although I do check them a couple times a month. I do zero financial transaction by smartphone. Don't even have their apps on my phone. I use long strong passwords (14-16 aLpHa numeric) character...
by midareff
Mon May 22, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Shocking car insurance quote
Replies: 34
Views: 3600

Re: Shocking car insurance quote

Call GEICO for a quote as well.
by midareff
Mon May 22, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?
Replies: 20
Views: 876

Re: Looking to give financial advice to my friend, who is near retirement. Should he take on another mortgage?

I'd say never count on an outcome two years from now when a g/f is involved. Find a place he can put up with for two years as a rental that allows a dog.
by midareff
Mon May 22, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 50
Views: 5417

Re: Net worth is overrated

It's just a way of keeping score and tracking progress. So is a box score in baseball, half time in football and so forth.
by midareff
Sun May 21, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Place to put Cash - short term
Replies: 13
Views: 906

Re: Place to put Cash - short term

You don't say what "short term" actually means in this situation. Bond funds have yield they also fluctuate in NAV (share price). CD's also have a surrender charge for early termination but they do not lose value like bond funds can. A bank money market or savings account is another possi...
by midareff
Sun May 21, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Lump Sum - Insured Parking Spot [for money]
Replies: 10
Views: 1203

Re: Lump Sum - Insured Parking Spot

I believe the OP is referring to the 250K FDIC limit on a single account. My recommendation would be to open up 6 different money market (savings) accounts at different large banking institutions and keep only 250K at each such that until the money is invested the full amount has FDIC coverage. You...
by midareff
Sun May 21, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Place to put Cash - short term
Replies: 13
Views: 906

Re: Place to put Cash - short term

You don't say what "short term" actually means in this situation. Bond funds have yield they also fluctuate in NAV (share price). CD's also have a surrender charge for early termination but they do not lose value like bond funds can. A bank money market or savings account is another possib...
by midareff
Sat May 20, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 55
Views: 3446

Re: Interesting conversation with an alleged SS actuary

My retirement strategy would really come into focus if I knew when I was going to die.
by midareff
Sat May 20, 2017 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Return visitor in need of a little assistance
Replies: 13
Views: 934

Re: Return visitor in need of a little assistance

ruralavalon wrote:
livesoft wrote:Do nothing and stop worrying.

See you next year. :)

Good advice, that's my first choice.

Second choice is increase your bond allocation to 30% or 40%, and then stop worrying.



Agree... both are sound reasonable choices.
by midareff
Sat May 20, 2017 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Job loss
Replies: 28
Views: 2181

Re: Job loss

I lost a job do to sale of a company when I was late 30's, married, baby, mortgage, almost no reserves. 1. You get some form of income flowing through any legal job.... phone sales, flippin' burgers, etc. #2. Treat it as an opportunity to do better. Get your resume together, and I suggest you do so ...
by midareff
Sat May 20, 2017 7:36 am
Forum: Investing - Theory, News & General
Topic: Anyone else track the value of their investments by discounting the value of equities?
Replies: 46
Views: 2445

Re: Anyone else track the value of their investments by discounting the value of equities?

I track the worth my investable assets 2 ways. One, the traditional way, adding everything up and seeing what the total is. The second way is by discounting the value of equities by 40% and adding them up giving me a "Bear Market" value for my investable assets. This way I feel I truly un...
by midareff
Fri May 19, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Upcoming travel plans with electronics
Replies: 22
Views: 1543

Re: Upcoming travel plans with electronics

We are getting ready to leave for Alaska and have been following the issues too. I don't trust Pro cameras in checked bags and wife doesn't trust her tablet there. Worst case, take the ferry back to Bellingham, which has an Amtrak station:) https://en.m.wikipedia.org/wiki/Alaska_Marine_Highway Joke...
by midareff
Fri May 19, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: How to pick up good tires for the car?
Replies: 22
Views: 1336

Re: How to pick up good tires for the car?

www.tirerack.com read the different feedback for your car and tire brands.
by midareff
Fri May 19, 2017 11:18 am
Forum: Investing - Theory, News & General
Topic: A daily panic on the averages a day or two ago
Replies: 11
Views: 1096

Re: A daily panic on the averages a day or two ago

Dottie57 wrote:What big drop are you talking about?



Exactly.... did the market drop? seems like today it is surging! Wait a minute, it's a market and it goes up and down like it supposed to.
by midareff
Fri May 19, 2017 9:20 am
Forum: Personal Consumer Issues
Topic: Upcoming travel plans with electronics
Replies: 22
Views: 1543

Re: Upcoming travel plans with electronics

We are getting ready to leave for Alaska and have been following the issues too. I don't trust Pro cameras in checked bags and wife doesn't trust her tablet there.
by midareff
Fri May 19, 2017 7:42 am
Forum: Personal Finance (Not Investing)
Topic: How long do I really need to keep tax returns?
Replies: 18
Views: 1390

Re: How long do I really need to keep tax returns?

I have 20 years scanned and transcripts of the last dozen or so, also scanned. I keep about 7 years in paper. It's what I do and it may or may not work for others.
by midareff
Fri May 19, 2017 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Is it better to stay at 19 or 24 paychecks per year?
Replies: 18
Views: 1579

Re: Is it better to stay at 19 or 24 paychecks per year?

Goal33 wrote:you're giving them a 0% loan if you do 24 paychecks.


Exactly. I'd take the 19 and escrow the difference so as to be able to auto-pay yourself the 24 times and make a few bucks on the interest.. see Spectec post above.
by midareff
Fri May 19, 2017 7:30 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3053

Re: I am a huge believer in Passive Indexing.. but.....

First, congratulations on having reached the point in life where $100K is fun money :mrgreen: . As long as that is "fun money" perhaps you can let it fly and in a few years write a book that rhymes with "Learn How To Trade Like Chuck". In reality, I'd be taking profits and placin...
by midareff
Fri May 19, 2017 7:17 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting
Replies: 9
Views: 772

Re: Tax Loss Harvesting

Just looking at the last ten years ...... VTSAX and VFIAX had (basically) a $400 difference at the end of ten years from a starting $10,000 investment assuming you were in the under performer 100% of the time, which you would not have been. At a 25% tax rate that seems to states harvesting $1600 in ...
by midareff
Thu May 18, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: The Case for Dividend Stocks in Retirement (article)
Replies: 81
Views: 8305

Re: The Case for Dividend Stocks in Retirement (article)

dbr wrote:
wolf359 wrote:
What if while you're eating it, the cow is also being devoured by a bear? :shock:


Withdrawing money by cashing dividend checks during a bear market is a really bad idea.


and exactly why would selling shares in a bear market be a better idea?
by midareff
Tue May 16, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Funny Letter [Canceling Escrow Account]
Replies: 34
Views: 3919

Re: Funny Letter [Canceling Escrow Account]

FWIW, self escrow is wonderful. Especially when it's in an Ally 1.05% savings account. Some escrow accounts pay 2% interest, nearly double Ally's rate. Geez, don't be shy and share some. I self escrow for property tax, home insurance, car insurance and EFTPS Quarterly IRS payments. Where can I get ...
by midareff
Tue May 16, 2017 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Funny Letter [Canceling Escrow Account]
Replies: 34
Views: 3919

Re: Funny Letter [Canceling Escrow Account]

FWIW, self escrow is wonderful. Especially when it's in an Ally 1.05% savings account. Some escrow accounts pay 2% interest, nearly double Ally's rate. Geez, don't be shy and share some. I self escrow for property tax, home insurance, car insurance and EFTPS Quarterly IRS payments. Where can I get ...
by midareff
Mon May 15, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Funny Letter [Canceling Escrow Account]
Replies: 34
Views: 3919

Re: Funny Letter [Canceling Escrow Account]

FWIW, self escrow is wonderful. Especially when it's in an Ally 1.05% savings account. +1 We declined escrow when we started our current mortgage back in 2005, preferring to just make sure we sock away a minimum/month and get a few bucks of interest. 2 years ago, our mortgage bank started sending u...
by midareff
Mon May 15, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Funny Letter [Canceling Escrow Account]
Replies: 34
Views: 3919

Re: Funny Letter [Canceling Escrow Account]

FWIW, self escrow is wonderful. Especially when it's in an Ally 1.05% savings account. Some escrow accounts pay 2% interest, nearly double Ally's rate. Geez, don't be shy and share some. I self escrow for property tax, home insurance, car insurance and EFTPS Quarterly IRS payments. Where can I get ...
by midareff
Mon May 15, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Funny Letter [Canceling Escrow Account]
Replies: 34
Views: 3919

Re: Funny Letter [Canceling Escrow Account]

FWIW, self escrow is wonderful. Especially when it's in an Ally 1.05% savings account.
by midareff
Mon May 15, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: Where do you get your tea ?
Replies: 23
Views: 1950

Re: Where do you get your tea ?

for years after I brought back a stock from a tour of China I ordered from http://teaspring.com/ I found the prices very reasonable and the product quickly delivered and exactly as described.
by midareff
Sun May 14, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 82
Views: 11836

Re: Regret early retirement/downsizing

Second short NO!. Retired 5 years ago at 64 and the workplace had changed towards the end. Every time I see someone I knew from the work place they tell me I was lucky I left when I did. I think that says something too. Have plenty to do now, hobbies, music, movies and we travel frequently. Leaving ...
by midareff
Sat May 13, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Changing portfolio in retirement
Replies: 7
Views: 720

Re: Changing portfolio in retirement

I think you meant Wellesley Admiral (VWIAX) at .15% ...... you might also want to consider Wellington in that space as well. I suppose any of the three would work just fine since accurately forecasting the future is way above my pay grade. FWIW, I don't know what real dollar advantage a tax managed ...
by midareff
Sat May 13, 2017 9:12 am
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 33
Views: 2859

Re: Retirees, what is your marginal tax rate?

Marginal 15% last 5 years doing Roth conversion to the top of that rate. RMD next year so it will be 25% from here out, maybe 28%.
by midareff
Sat May 13, 2017 9:05 am
Forum: Investing - Theory, News & General
Topic: Confirm Withdrawl Strategy
Replies: 17
Views: 1412

Re: Confirm Withdrawl Strategy

We plan to retire at 62 and delay SS. Our portfolio is approximately 50/50 tax deferred taxable. Based up reading a lot on this site and others, my current plan is to do Roth conversions up to the top of the 15% bracket and withdraw from the taxable for living expenses. The withdrawal will be <3% o...
by midareff
Sat May 13, 2017 8:01 am
Forum: Personal Consumer Issues
Topic: Cars: Expense or Asset?
Replies: 84
Views: 4360

Re: Cars: Expense or Asset?

We have many car threads: - Should I replace this car? - Should I buy a NEW car? - Should I buy a luxury car? - How to shop for a car? The responses seem to come from one of two perspectives: 1. The car is an expense (like rent, mortgage, utility bill...) 2. The car is a depreciating asset. (So don...
by midareff
Fri May 12, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1332
Views: 224798

Re: What are you up YTD? [Year To Date]

Up 5.7% with 44% equities, 51.7% bonds and 4.3% bank cash.
by midareff
Fri May 12, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: Trip to South Africa in November - Advice
Replies: 24
Views: 1350

Re: Trip to South Africa in November - Advice

#1. Do not go exploring in the city of Jo'berg. Bring a camera with at least 400mm of reach for safaris. You might get a couple of ideas from my albums of South Africa http://www.martindareff.com/International-Travel/South-Africa-Safari/ or Kenya and Tanzania http://www.martindareff.com/Internationa...
by midareff
Fri May 12, 2017 7:53 am
Forum: Personal Consumer Issues
Topic: Does a new car purchase make sense?
Replies: 38
Views: 2472

Re: Does a new car purchase make sense?

I'm about 5 years in to a nice low miles compact but considering a new car too. What is out today in collision avoidance and pedestrian avoidance features is extremely attractive. You don't even have to park it yourself anymore, it parks for you and pulls back out.
by midareff
Fri May 12, 2017 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Tracking Tools
Replies: 41
Views: 3146

Re: Portfolio Tracking Tools

It's manual, as is every other transaction or distribution. There is no connection to any of your accounts and it is completely safe since there is no connection to accounts or account numbers. Between the data available at M8 and what you can do in excel it's hard to imagine a meaningful statistic ...
by midareff
Wed May 10, 2017 8:48 am
Forum: Personal Consumer Issues
Topic: Samsung or LG tv?
Replies: 49
Views: 2577

Re: Samsung or LG tv?

Bought 2 55" Samsungs about 5 years ago. No regrets.
by midareff
Tue May 09, 2017 6:32 pm
Forum: Personal Consumer Issues
Topic: 18" vs 20" Tires
Replies: 39
Views: 2094

Re: 18" vs 20" Tires

I am thinking about buying a new SUV. I see the same car at two different dealers with the exception of wheel/tire size. SUV #1 has 18" Painted Aluminum Wheels SUV #2 has 20" Polished Aluminum Wheels for $1,295 more. How does the SUV handle on different tires sizes? Is 18" more for c...
by midareff
Sat May 06, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Southeast Asia for a week, in August first week
Replies: 24
Views: 943

Re: Southeast Asia for a week, in August first week

Thailand is super friendly with low costs and great food. Lot's to see and do from the big city (Bangkok) to elephant rides and zip lining in the northern country. ... not to mention the native "Long Neck" people and many incredible Wats. Cambodia has the Angkor Wat area which is truly ama...
by midareff
Sat May 06, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: Research on advisor vs no advisor as opposed to passive vs active
Replies: 66
Views: 2824

Re: Research on advisor vs no advisor as opposed to passive vs active

I'm still a bit stuck in the concept that you can't increase the return of a portfolio without increasing the risk it contains, or encompasses. Thereby, to obtain a return greater than the original portfolio plus the cost of an advisor, the risk has to be increased enough to pay for the advisor and ...
by midareff
Sat May 06, 2017 7:44 am
Forum: Investing - Theory, News & General
Topic: Tips From Older Bogleheads?
Replies: 52
Views: 4271

Re: Tips From Older Bogleheads?

Hello Bogleheads! For those of you that are older and more experienced. What are some things you have learned from investing over the years? What are some tips for young investors that have only experienced a bull market? Anything from the past that you wish you paid closer attention to? Thank you ...
by midareff
Sat May 06, 2017 7:21 am
Forum: Investing - Theory, News & General
Topic: Is it possible NAV was reported wrong: funds lost 6-8%
Replies: 5
Views: 468

Re: Is it possible NAV was reported wrong: funds lost 6-8%

I'd take a second look for capital gains distributions. Also, cross check against number of shares owned and $$ value.
by midareff
Fri May 05, 2017 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Car Warranty Lies
Replies: 32
Views: 3641

Re: Car Warranty Lies

An extended warranty sold by a dealer is a profit center for them, the salesman who sold it to you and the company that backs it. They are never a good deal.

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