Search found 6242 matches

by midareff
Sat Aug 24, 2019 10:51 am
Forum: Personal Investments
Topic: Responding to a CP2000 Notice
Replies: 54
Views: 4178

Re: Responding to a CP2000 Notice

regularguy455 wrote:
Sun Jul 07, 2019 6:33 pm
I had a CP2000 a few years back. I made a copy of the response and paid for delivery confirmation. Didn’t have any issues.
Have been audited a couple of times in the last couple of decades. I too made a copy of the response and paid for delivery confirmation.
by midareff
Wed Aug 21, 2019 9:18 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 170
Views: 12748

Re: When Did You Ease Up On Saving Aggressively?

The day I retired.
by midareff
Wed Aug 21, 2019 7:45 am
Forum: Personal Investments
Topic: Inverted Yield Curve - Anyone making portfolio changes?
Replies: 26
Views: 2761

Re: Inverted Yield Curve - Anyone making portfolio changes?

At 71.5 y/o and retired since 4/2012 my perspective may be different than many others here. My general AA target is 48/48/4, equities, bonds and bank cash. Pension and SS can pay the bills so portfolio funds the better things like travel. I draw from both taxable (IT Tax-Ex) and IRA's RMD from the S...
by midareff
Sun Aug 18, 2019 12:32 pm
Forum: Personal Consumer Issues
Topic: Aliens have captured my husband [wants to buy a Porsche]
Replies: 134
Views: 9351

Re: Aliens have captured my husband [wants to buy a Porsche]

Only on this board is a 74-year old man wanting a Porsche a sign of cognitive decline. You can’t buy the Porsche at 21 because time is on your side and the opportunity cost of not investing is too steep. You can’t buy the Porsche at 30 because you need to save up 20% for your house. You can’t buy t...
by midareff
Sun Aug 18, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Aliens have captured my husband [wants to buy a Porsche]
Replies: 134
Views: 9351

Re: Aliens have captured my husband [wants to buy a Porsche]

• Are Porsches reliable? J.D. Powers gives the 2017 Panamera a 3.5/5 for reliability. That doesn’t exactly blow my doors off. • Will everything about it – right down to the windshield wiper fluid – be much more expensive just because it’s a Porsche? • Will we feel constrained in where we drive it? N...
by midareff
Sun Aug 18, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: New laptop advice
Replies: 39
Views: 2284

Re: New laptop advice

If you are doing photo work in Lightroom or Photoshop get all the ram you can.
by midareff
Sun Aug 18, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads plan to utilize Independent Living facilities?
Replies: 108
Views: 11076

Re: Do Bogleheads plan to utilize Independent Living facilities?

Do Bogleheads plan to utilize independent living as they age.? I have had 2 close relatives move into independent living and a nice facility seems to run about $3,000/mo. (including food) for a studio or small one bedroom and my wife is a big fan of them. I see people discuss LTC insurance but I be...
by midareff
Sat Aug 17, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: "I've reproduced 130+ research papers about "predicting the stock market""
Replies: 11
Views: 1986

Re: "I've reproduced 130+ research papers about "predicting the stock market""

In the just about 50 years I've been in the market I've probably read that many papers, thousands of articles, shelves of books and uncountable hours to come to the conclusion nobody knows nothing and that a long, stable investment accumulation plan will lead to a long, stable and successful asset d...
by midareff
Sat Aug 17, 2019 7:21 am
Forum: Investing - Theory, News & General
Topic: Statistics used to analyze S&P500
Replies: 18
Views: 1490

Re: Statistics used to analyze S&P500

How beneficial to your investments will an analysis of yesterday's news be? Probably more beneficial than the distant past. If assets follow Markov Chains and only has short term memory. But they don't so as a planning method that's just not helpful. I think that realistically, thinking of the resu...
by midareff
Fri Aug 16, 2019 5:40 pm
Forum: Investing - Theory, News & General
Topic: Statistics used to analyze S&P500
Replies: 18
Views: 1490

Re: Statistics used to analyze S&P500

How beneficial to your investments will an analysis of yesterday's news be?
by midareff
Fri Aug 16, 2019 5:36 pm
Forum: Investing - Theory, News & General
Topic: Any retired person have stocks and cash I was thinking about a 70/30
Replies: 61
Views: 4385

Re: Any retired person have stocks and cash I was thinking about a 70/30

I'm at roughly 48% equities, 48% bonds and 4% cash. Roughly 7.5 years retired, 71 y/o, 5% WR. As soon as enough is accumulated another trip is booked.
by midareff
Wed Aug 14, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 70
Views: 6552

Re: this time it's different

An excerpt from an article claiming we are entering a period of secular stagnation, and the reasons why: https://www.npr.org/sections/money/2019/08/13/750567617/is-our-economy-in-the-upside-down Just wondering if others feel the coming decades will be fundamentally different from the past, and how ...
by midareff
Wed Aug 14, 2019 9:32 am
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 70
Views: 6552

Re: this time it's different

I've been in the market for a good 50 years and I've heard "this time it's different", maybe thousands of times. Guess what? It's a market and it goes up and it goes down in the near term - as in next few years. Over the longer term it generally goes up. The equivalent of what is now today's S&P500,...
by midareff
Tue Aug 13, 2019 8:38 am
Forum: Investing - Theory, News & General
Topic: The Real Risk In Bond Funds
Replies: 18
Views: 2723

Re: The Real Risk In Bond Funds

Step 1: don't read stupid financial magazines like Kiplinger's. There are ideas everywhere in this world besides this board. You never know when you might run across something that might help you in your particular situation. Having said that, most of the stuff in financial rags is pure pablum for ...
by midareff
Sun Aug 11, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: How should my Spouse and I handle a $300,000 Settlement?
Replies: 119
Views: 6879

Re: How should my Spouse and I handle a $300,000 Settlement?

I would certainly kill the spouse's car loan and the student debt. Then I would plan on keeping your way too expensive vehicles for a long, long time while saving monthly what the car and loan payment was. Three fund portfolio ... way too much car debt for your income.
by midareff
Sun Aug 11, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: The Real Risk In Bond Funds
Replies: 18
Views: 2723

Re: The Real Risk In Bond Funds

Step 1: don't read stupid financial magazines like Kiplinger's. There are ideas everywhere in this world besides this board. You never know when you might run across something that might help you in your particular situation. Having said that, most of the stuff in financial rags is pure pablum for ...
by midareff
Fri Aug 09, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Buy historic, walkable home or stay in blah subdivision with short commute?
Replies: 54
Views: 5384

Re: Buy historic, walkable home or stay in blah subdivision with short commute?

The downtown house would be walking distance to His job, kids elementary school, best park in town, best "nightlife" street in town, University sporting events, lots of restaurants/coffee/etc., and one block from an amazing bike path. Our current home has nothing within walking distance. - It's a pr...
by midareff
Fri Aug 09, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: What to do with expired passports?
Replies: 22
Views: 2606

Re: What to do with expired passports?

In a safe with our Global Crossing cards. We use them for international travel.
by midareff
Thu Aug 08, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Negotiation Came to a Halt
Replies: 67
Views: 5042

Re: Real Estate Negotiation Came to a Halt

Some people list property they really don't want to sell... that is unless it is well worth their while. I'd move along.
by midareff
Thu Aug 08, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: Amazon -- no longer the lowest prices, evidently
Replies: 111
Views: 10816

Re: Amazon -- no longer the lowest prices, evidently

If shelf price is the only concern than yes. Add the cost of gas and/or transportation and your time and see if the result is different. Keep in mind you are paying for it to be delivered tomorrow in almost all cases so shopping you will go.
by midareff
Mon Aug 05, 2019 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is any AA better than cash in the bank?
Replies: 11
Views: 1159

Re: Is any AA better than cash in the bank?

The real risk (IMHO) is in not keeping up with inflation by having money sitting in a bank. Short term volatility, including significant Black Swan drops will happen from time to time and is a part of investing. Over time, and time is your friend, being in the market is better than being in a bank.
by midareff
Sat Aug 03, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: For long time retirees, do you use a spreadsheet?
Replies: 37
Views: 2638

Re: For long time retirees, do you use a spreadsheet?

I created excel spreadsheets long before I retired in 2012 and have every transaction and every fund held since 1998. I simply do a Morningstar Portfolio export and open the main page and everything is updated. Takes maybe 2 minutes once a month to keep track of everything.
by midareff
Thu Aug 01, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Social Security -- Take it at 62, 67 or 70
Replies: 317
Views: 24317

Re: Social Security -- Take it at 62, 67 or 70

Frankly, I think without knowing how long you will live an optimal SS question is impossible to answer. Personally, I started at 65 as I didn't want to sell down assets/liquidity/investments at that point in time. The result of that was being fully invested in Mr. Market for the last 6.5 years which...
by midareff
Sun Jul 14, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: I think i can spend 30k on this vacation, but wife not sure
Replies: 77
Views: 7427

Re: I think i can spend 30k on this vacation, but wife not sure

Make sure your camera gear is ready to go. Having been on a bunch of Safaris I'd recommend no less than 400mm on APS-C or 600mm on FF. Lacking that a 1" such as the Sony RX10 m4 would do if you aren't going for pro glass on the other 2. Great trip and an experience of a lifetime. You have plenty of ...
by midareff
Sat Jul 06, 2019 12:01 pm
Forum: Personal Investments
Topic: Alternatives to CD laddering as rates decrease
Replies: 22
Views: 2837

Re: Alternatives to CD laddering as rates decrease

elainet7 wrote:
Thu Jul 04, 2019 8:43 pm
preferred stock etf PFFD
hi yield bond vanguard
bond fund-intermediate corp vanguard and long term
gotta take more risk
Taking more risk with the Shiller >30 and the ten year treasury <2% is an interesting concept. :confused
by midareff
Sat Jul 06, 2019 11:55 am
Forum: Investing - Theory, News & General
Topic: Historically has it been bad to withhold further contributions 8 years after the beginning of a bull market?
Replies: 36
Views: 3639

Re: Historically has it been bad to withhold further contributions 8 years after the beginning of a bull market?

Common wisdom among the pundits and also the small folk is that we're over extended this latest bull market. Some people I know are witholding futher contributions or even divesting in anticipation of a sharp downturn. Not really my way of looking at the market and I suspect most here feel the same...
by midareff
Sat Jul 06, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: My Bond Fund took hit Friday
Replies: 14
Views: 1870

Re: My Bond Fund took hit Friday

In my three fund portfolio my Aggregate Bond fund took a .49% hit Friday. I was surprised because I always expected my stock fund to be volatile. Is this kind of normal ?, I know the bond fund can loose value , but has anyone seen this. Also has anyone seen both stock and bond funds decline at the ...
by midareff
Fri Jul 05, 2019 5:21 pm
Forum: Personal Investments
Topic: Opinion about Eaton Vance ETG tax advantaged Div : 7%
Replies: 8
Views: 612

Re: Opinion about Eaton Vance ETG tax advantaged Div : 7%

LOL.. what sounds to good is to run from.
by midareff
Fri Jul 05, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: my auto insurance went up 100%
Replies: 12
Views: 1747

Re: my auto insurance went up !00%

I have just one auto accident in last 7 years and I got one accident 9 months ago, and it is the other guy’s fault but my insurance said it's my fault. My insurance raised 100% preimmune $ 120 to $ 240 per month. So I shopped to change insurance company and the new company sent almost the same amou...
by midareff
Thu Jul 04, 2019 9:57 am
Forum: Personal Investments
Topic: Got more than enough for retirement. What to do now?
Replies: 42
Views: 4091

Re: Got more than enough for retirement. What to do now?

At three times projected needs and the desire to be conservative ... 1/3 would fit nicely into a TIPS ladder providing inflation security, 1/3 in a mix of intermediate term treasuries and CDs for liquidity protection and the remaining 1/3 in diversified equities such as the Total Stock Market or S&...
by midareff
Thu Jul 04, 2019 5:54 am
Forum: Personal Investments
Topic: Got more than enough for retirement. What to do now?
Replies: 42
Views: 4091

Re: Got more than enough for retirement. What to do now?

At three times projected needs and the desire to be conservative ... 1/3 would fit nicely into a TIPS ladder providing inflation security, 1/3 in a mix of intermediate term treasuries and CDs for liquidity protection and the remaining 1/3 in diversified equities such as the Total Stock Market or S&P...
by midareff
Wed Jul 03, 2019 4:14 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15139

Re: Good times: 2008 vs Now

My peers that were under-employed and/or unemployed went to classes, obtained certifications and made them selves more valuable to employers. They faced much better prospects and did better because they made themselves better and more valuable. I've been unemployed... with a family, a mortgage, car...
by midareff
Wed Jul 03, 2019 3:27 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15139

Re: Good times: 2008 vs Now

My peers that were under-employed and/or unemployed went to classes, obtained certifications and made them selves more valuable to employers. They faced much better prospects and did better because they made themselves better and more valuable. I've been unemployed... with a family, a mortgage, car...
by midareff
Wed Jul 03, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6404

Re: Adult son has not controlled credit card overuse!

inverter wrote:
Wed Jul 03, 2019 11:47 am
I would stay completely out of it.
+1 .. it has been long said you can lead a horse to water. Making the horse drink is another matter.
by midareff
Wed Jul 03, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15139

Re: Good times: 2008 vs Now

In 2008 I was tech heavy (90%) equities without bonds and was quite market savvy stupid. I watched a $1.3M portfolio become $484K before things started to get better and it took some 7+ years for recovery. Now with 50% or slightly greater in investment grade bonds, average duration a bit under 5 yea...
by midareff
Wed Jul 03, 2019 1:43 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15139

Re: Good times: 2008 vs Now

OP, What good times? What recovery? I had been facing quarterly and annual laid off from my employers over the last 10+ years. There was no recovery for many of us. KlangFool Of course there was a recovery for you Klang. You're being silly. You've been working, you've saved a ton of money. You've f...
by midareff
Tue Jul 02, 2019 10:06 am
Forum: Investing - Theory, News & General
Topic: Allan Roth: Probabilities, Truth, and Consequences
Replies: 40
Views: 3988

Re: Allan Roth: Probabilities, Truth, and Consequences

Why 90%. Why not 100%. 100% seems more likely to me than 90%. For either to happen would mean there was some catastrophic event that left every business in world (assuming we all invest internationally) essentially worthless. So other than guns and peanut butter, what do you all suggest we invest i...
by midareff
Tue Jul 02, 2019 7:33 am
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6133

Re: Are you a serious DIYer?

I have determined that my role is that of check writer to the repair people. This is me. I don’t want to kill myself with electricity. I can do very simple toilet part replacement. No repair of appliances or car. Maybe a 1 or 1.5. LOL, did a seat replacement yesterday and have an a/c repair call in.
by midareff
Mon Jul 01, 2019 7:35 pm
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6133

Re: Are you a serious DIYer?

Kenkat wrote:
Mon Jul 01, 2019 7:12 pm
midareff wrote:
Mon Jul 01, 2019 5:29 pm
I have determined that my role is that of check writer to the repair people.
An old neighbor used to use what he called “the two book method”: the phone book and the check book.
Same deal except now its a cell contact list or the net and a 2% cash back plastic card.
by midareff
Mon Jul 01, 2019 5:29 pm
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 6133

Re: Are you a serious DIYer?

I have determined that my role is that of check writer to the repair people.
by midareff
Sun Jun 30, 2019 7:01 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 123
Views: 11449

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

I have such an account. I use a mock portfolio in a free tracking service to identify current and recent performance of a wide variety of sector and geographic funds. From there the data on the top 25 is downloaded to my PC. I then run a program that looks at current momentum of the top 25 to ident...
by midareff
Sun Jun 30, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distributions
Replies: 61
Views: 5625

Re: Required Minimum Distributions

At age 71 I still want (and do) to travel and see the parts of the world we haven't gotten to yet so our RMD is used for travel spending. it is drawn 1/12 monthly direct to a bank account where it accumulates along with other travel dedicated funds. EFTPS paid Quarterly IRS estimates are done at th...
by midareff
Sun Jun 02, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: Autos and transportation near retirement
Replies: 33
Views: 2227

Re: Autos and transportation near retirement

Ordered a new ride for my retirement..... one car family as she doesn't drive in the USA. Replaced a near 8 year old Jeep that was causing problems. Ordered it with all the safety features available then and replaced that at 5 years (last year) again with all the safety features.... proximity alarms...
by midareff
Sun Jun 02, 2019 10:45 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 10586

Re: How did you all do in the month of May, 2019

Matters not at all as I only track it from a lifetime of record keeping. A wise man once taught me you can't know where you are going if you don't know where you have been.
by midareff
Sun Jun 02, 2019 7:00 am
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 97
Views: 11496

Re: How long have you been unemployed?

From career start back in 1970 I was laid off once about 38 years ago when a company was sold and all existing management was sacked. It took the first thing that came along 2 working days later and changed jobs again after a couple of weeks for something else. All in all it took about 8 to 10 weeks...
by midareff
Sat Jun 01, 2019 4:48 pm
Forum: Personal Consumer Issues
Topic: UPDATE to What to do with a 24" analog CRT TV?
Replies: 58
Views: 3492

Re: What to do with a 24" analog CRT TV?

NavyIC3 wrote:
Sat Jun 01, 2019 2:55 pm
livesoft wrote:
Fri May 31, 2019 5:47 pm
Put on curb with sign: Free!
Put it on the curb with a sign that says $5.00. This way someone will steal it.
Better still have the sign say works great, free to good home
by midareff
Sat Jun 01, 2019 10:14 am
Forum: Personal Consumer Issues
Topic: UPDATE to What to do with a 24" analog CRT TV?
Replies: 58
Views: 3492

Re: What to do with a 24" analog CRT TV?

Charitable donation if it plays well. Boys or girls charities, homes for the elderly or so forth. All of the charities around me explicity say no CRTs. They don't want to get stuck having to pay to get rid of them. +1 All you are doing is sticking the charity with a boat anchor they are going to ha...
by midareff
Sat Jun 01, 2019 9:01 am
Forum: Personal Consumer Issues
Topic: UPDATE to What to do with a 24" analog CRT TV?
Replies: 58
Views: 3492

Re: What to do with a 24" analog CRT TV?

Charitable donation if it plays well. Boys or girls charities, homes for the elderly or so forth.
by midareff
Sat Jun 01, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distributions
Replies: 61
Views: 5625

Re: Required Minimum Distributions

At age 71 I still want (and do) to travel and see the parts of the world we haven't gotten to yet so our RMD is used for travel spending. it is drawn 1/12 monthly direct to a bank account where it accumulates along with other travel dedicated funds. EFTPS paid Quarterly IRS estimates are done at the...