Search found 5531 matches

by midareff
Thu Jun 14, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 16341

Re: Life in retirement - what did you do today?

We finished for our trip to the Ukraine on the Viking Sineous. Leaving tomorrow back on the 26th. Hired a nice local kid to pickup the mail and water our house plants, limo coming to take us to the airport at 1:30 tomorrow. The only decision I have agonized over is what camera gear to pack or carry....
by midareff
Thu Jun 14, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3461

Re: Paying off mortgage early

chevca wrote:
Thu Jun 14, 2018 10:52 am
someuser001 wrote:
Wed Jun 13, 2018 9:28 pm
What is the Bogleheads position on paying off mortgage early?
Pretty much 50% say do it and 50% say don't. :happy

Personal preference.
and individual current and expected cash and income flows.
by midareff
Thu Jun 14, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 6860

Re: Boring Job

Tell the boss you want to do more and contribute more to the organization than you are currently doing.
by midareff
Thu Jun 14, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3461

Re: Paying off mortgage early

I am on the other side of this. My mortgage with 10 years left is 2.625%, which is 2.00% after federal tax, and I can earn more than this on munis; therefore, I can earn more taking very little risk if I buy bonds rather than paying down my mortgage. I actually choose to buy the bonds in my employe...
by midareff
Thu Jun 14, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Couch Potato Portfolio Question
Replies: 7
Views: 407

Re: Couch Potato Portfolio Question

I retired in 2012 and moved (rolled over) all my deferred compensation and 457 monies to a Vanguard IRA. I put the money in Total US Index, Total International Index and a Short Term and Intermediate Term Bond Index + a dash of High Yield. This is my first year of RMD so outside of conversions to Ro...
by midareff
Wed Jun 13, 2018 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Why don't we index the Nasdaq too?
Replies: 16
Views: 1992

Re: Why don't we index the Nasdaq too?

JoMoney wrote:
Wed Jun 13, 2018 4:13 am
midareff wrote:
Tue Jun 12, 2018 4:49 pm
Just wondering.. we index the TSM, the S&P500, the TISM.. why not the Nasdaq? Fidelity has a fund that does that FWIW.
Have you heard or read about what his recommendations are?
Really Jo?
by midareff
Tue Jun 12, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Why don't we index the Nasdaq too?
Replies: 16
Views: 1992

Why don't we index the Nasdaq too?

Just wondering.. we index the TSM, the S&P500, the TISM.. why not the Nasdaq? Fidelity has a fund that does that FWIW.
by midareff
Tue Jun 12, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 16341

Re: Life in retirement - what did you do today?

I was soooo busy yesterday I never had a chance to catch up on all the "doin' nothing" I was supposed to do. That is really going to throw a curve into today's activities as I have both today's and yesterday's "doin' nothing" to catch up on, and I still have to start packing for our trip..
by midareff
Tue Jun 12, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: The Deep History of Stock & Bond Returns
Replies: 75
Views: 4956

Re: The Deep History of Stock & Bond Returns

It certainly merits a thoughtful re-evaluation of how much safe money is really needed.
by midareff
Mon Jun 11, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Do Small Caps Outperform?
Replies: 61
Views: 3860

Re: Do Small Caps Outperform?

Great question. Go to M* and ploit SCV against the Nasdaq. Use any time frame you like and let me know the answer. ... by PM since we would not like to let the secret out and have it arbitraged away.
by midareff
Mon Jun 11, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 16341

Re: Life in retirement - what did you do today?

Lets pickup after all the daily news stuff................... I'd love too...... I went to CVS to get some more small pill packs and some wifey stuff since we are leaving Friday and have about 15 hours to our destination, Odessa in the Ukraine. We have started packing and I handle our medications, c...
by midareff
Mon Jun 11, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Multi-Asset vs. Simple Portfolio, 1970-2017
Replies: 37
Views: 3020

Re: Multi-Asset vs. Simple Portfolio, 1970-2017

From a guy who used to slice and dice to SV, S Int, REITs, HC and so forth. .... now it's TSM and TISM in taxable with IT Tax-Ex, in IRA it's S&P500, TISM and IG Bonds & a touch of VG HY. I benchmark against VFIAX and Admiral Total Bond in matching percentages. It's like having a couple of hundred b...
by midareff
Mon Jun 11, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: AT&T lower-cost data alternatives (is Sprint's $15/mth worth it)?
Replies: 27
Views: 2134

Re: AT&T lower-cost data alternatives (is Sprint's $15/mth worth it)?

Consumer Cellular... 2 phone liness (we own the phones) and unlimited minutes ansd texts + 2 gb data is $41 including tax. More gb is only a couple of $. AT&T phones work on them as they use AT&T towers. They are in most Target stores.
by midareff
Sat Jun 09, 2018 6:48 am
Forum: Personal Consumer Issues
Topic: Porsche Macan
Replies: 28
Views: 3001

Re: Porsche Macan

I'm going to buy a Porche Macan S, probably when the 2019 models are available. I can afford it and I will enjoy it, so those are not the questions. For the past 20 years or so, my wife and I have owned Subaru's, Acura's, and Audi's. My unverified impression is that the style of negotiating in a Po...
by midareff
Fri Jun 08, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10031

Re: Why do we work?

unclescrooge wrote:
Fri Jun 08, 2018 3:15 pm
midareff wrote:
Fri Jun 08, 2018 2:26 pm
I worked so I could enjoy my two favorite things..... living indoors and eating.
LOL, prison satisfies at least one of those needs :mrgreen:
You may not like the cusine though.
Not to mention Big Bubba looking for a new girlfriend.
by midareff
Fri Jun 08, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: The Whiskey and Water Portfolio
Replies: 1
Views: 756

Re: The Whiskey and Water Portfolio

The most efficient portfolio available, Tobin argued, is the “market portfolio” — that is, all the equities and all the bonds in the world, weighted In his excellent book, Smarter Investing, Tim Hale uses a brilliant analogy to explain Separation Theorem. Apparently it was one of Tim’s clients who ...
by midareff
Fri Jun 08, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10031

Re: Why do we work?

I worked so I could enjoy my two favorite things..... living indoors and eating.
by midareff
Thu Jun 07, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Found an FSBO home for sale. How to avoid Realtor?
Replies: 42
Views: 3353

Re: Found an FSBO home for sale. How to avoid Realtor?

Hi all, I'm moving soon and will be shopping for a house this weekend. We have a couple days set aside with a realtor, everything has been arranged already in terms of when we'll meet. However we won't be meeting our realtor for another couple days, nothing has been signed. But now I found a house ...
by midareff
Thu Jun 07, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: M* portfolio tracker - no May dividends
Replies: 3
Views: 402

Re: M* portfolio tracker - no May dividends

I always post mine by hand so nothing different for me.
by midareff
Thu Jun 07, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Unnecessary Complexity? Your thoughts please.
Replies: 13
Views: 1203

Re: Unnecessary Complexity? Your thoughts please.

Total US, Total International& Total Bond or IT Tax-Ex in taxable.
by midareff
Wed Jun 06, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What If Your Plan Fails?
Replies: 49
Views: 4773

Re: Larry Swedroe: What If Your Plan Fails?

Of course it could fail.................. My income sources are threefold. Pension and SS. Portfolio pays for luxury items and upscale travel 4 to 6 times a year. Pension fails... portfolio pays in more than pension to so tragedy but a change in lifestyle. SS goes away.... much the same but extremel...
by midareff
Wed Jun 06, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: WSJ:Social Security Expected to Dip Into Its Reserves This Year
Replies: 61
Views: 3037

Re: Social Security crossover point has arrived

At age 70 I expect to do nothing about it. It seems logical to me that those still paying in to either program will have to pay in more to cover the deficit. It would seemingly be the lesser of evils than cutting benefits to those receiving them.
by midareff
Wed Jun 06, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: FOMO (Fear Of Missing Out) and your portfolio?
Replies: 23
Views: 2301

Re: FOMO (Fear Of Missing Out) and your portfolio?

I suspect there has been far more money lost than gained trying to beat the market. ..... and the same goes for moving things around from FOMO. Like livesoft, I benchmark. I track my portfolio's performance against a like % basket of S&P500 as represented by VFIAX, Barclays Agg as represented by VG'...
by midareff
Wed Jun 06, 2018 8:49 am
Forum: Investing - Help with Personal Investments
Topic: pension
Replies: 12
Views: 1421

Re: pension

How do I factor by 48,000 defined benefit w/cola beginning in 3.5 years into my other savings. (approx. 1 million at that time.) Should I calculate it at another million after 20 years?. Thank you. A pension, just like Social Security is an income flow against which your expenses are paid. Your por...
by midareff
Wed Jun 06, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Trade in advice [Car]
Replies: 23
Views: 1690

Re: Trade in advice [Car]

The technique I recently used was; #1. Do enough research so you know how much off MSRP the make and model you are looking for can be purchased at and shop around by phone and internet to find a dealer willing to meet or beat. #2. Get a CarMax quote so you know how much your vehicle is worth. In my ...
by midareff
Tue Jun 05, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Best CashBack creditCard with no foreign transaction fee.
Replies: 23
Views: 2467

Re: Best CashBack creditCard with no foreign transaction fee.

rolandtorres wrote:
Sun Apr 22, 2018 12:03 am
Uber card probably. The Chase Amazon gives you Amazon $ rewards, which is pretty close to cash for those who shop there.
Get's my vote besides 4% cash back at restaurants and 3% for hotels.
by midareff
Tue Jun 05, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50500

Re: How much money do you want to retire?

I wanted $1M + pension + SS.
by midareff
Tue Jun 05, 2018 8:09 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9704

Re: What are you doing with cash?

What are you doing with cash? Spending it. Yes, that is the American way. It's just not the Boglehead way. Sure it is Leif..... 70 and into 7 years retired ,,, pension and SS pay all the bills. RMD and draw from taxable are cash for travel, I spend that money. There are no bonus points for being ri...
by midareff
Mon Jun 04, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9704

Re: What are you doing with cash?

What are you doing with cash?

Spending it.
by midareff
Mon Jun 04, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 694
Views: 75057

Re: [What TV Show Have You Recently Watched?]

Watched "The Last Ship" on Hulu... liked it alot.
by midareff
Mon Jun 04, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: How a credit card refund is applied?
Replies: 25
Views: 1436

Re: How a credit card refund is applied?

For example, I bought a flight ticket for $1,500 last month and my total credit card balance is $3,000. I then cancelled the ticket and got a full refund. However, the refund was credited to my card account after last month statement closing date. So my statement balance was $3,000. My question, wi...
by midareff
Mon Jun 04, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3115

Re: Is it fine to have 100% of portfolio in VTSAX

cutterinnj wrote:
Sun Jun 03, 2018 6:25 pm
It is fine to have 100% in VTSAX with your time horizon.

If you're going to do that, I recommend NOT checking your account or reading the news for the next 20 years, though...
LOL.... GREAT advice.
by midareff
Mon Jun 04, 2018 8:23 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9704

Re: What are you doing with cash?

I accumulate cash to spend on travel. As it accumulates it is stored in an Ally Bank Savings account. Since we have been cruising multiple times annually I have Ally move it the day before due to a separate account so as to use Vikings 3.3% discount for cash transfer. Cash generally runs about 3% of...
by midareff
Mon Jun 04, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: [what to sell for] RMD
Replies: 21
Views: 1388

Re: [what to sell for] RMD

I also have my first RMD this year. I fund a ST Bond Fund for 2 to 2.5 years of draw and have VG withdraw from that monthly. FWIW, the equity funds in my IRA pay dividends into the ST Bond Fund. I will rebalance as and when necessary.
by midareff
Mon Jun 04, 2018 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank vs. Purepoint Financial
Replies: 4
Views: 1001

Re: Ally Bank vs. Purepoint Financial

Have 8 years experience with Ally now. Checking, MM, Savings, CDs ... no issues at all.
by midareff
Sun Jun 03, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: June in Paris: What to (or not to) wear, see and do?
Replies: 53
Views: 2755

Re: June in Paris: What to (or not to) wear, see and do?

My wife and I are celebrating our 40th anniversary in France. I am curious about whether shorts and collarless shirts are ok for men? Are shorts ok for women? We will be in France (mainly Paris) and I would appreciate some suggestions for some offbeat things to see or do. I took a full day excursio...
by midareff
Sun Jun 03, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Enterprise vs Avis
Replies: 43
Views: 2456

Re: Enterprise vs Avis

As retired government I have access to Avis contract rates at airports. If I need something in city, like dropping a car off for service or repairs I'll call Enterprise for courtesy pickup and return.
by midareff
Sun Jun 03, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: Men's Health on Medicare
Replies: 19
Views: 1823

Re: Men's Health on Medicare

Having been through the process and successful treatment I can relate some things without speculating. It is the year over year PSA change that is the tip off that something is wrong. The first step is a repeat of the PSA test, which I believe is at a small interval. Should that produce confirming r...
by midareff
Sun Jun 03, 2018 8:21 am
Forum: Personal Consumer Issues
Topic: 6 hour layover on Heathrow
Replies: 42
Views: 3318

Re: 6 hour layover on Heathrow

If you had a six hour layover in Heathrow and wanted to visit a few sights, what would top your list? We’re thinking Tower Bridge, maybe the British Museum. Family of 4, old enough to walk without whining. Appreciate any insights. I would look for a Greyline Tour that would pick up at airport and r...
by midareff
Sun Jun 03, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: Need advice on 1st international vacation
Replies: 106
Views: 5725

Re: Need advice on 1st international vacation

I think a couple of phrases in the local language such as Excuse me, I'm lost.. do you speak English... would be very helpful. OTOH, my country count now stands at 42 and I haven't been anywhere I couldn't get around with a little research before and a local map app. A smile and a hello works almost...
by midareff
Sat Jun 02, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Just bought condo; crazy to take out HELOC to buy a parking spot?
Replies: 28
Views: 2784

Re: Just bought condo; crazy to take out HELOC to buy a parking spot?

Not crazy at all based on personal experience. Extra spot here was $10K which upon condo purchase was negotiated to roughly $7K. Parking spots are at a premium here and I bought from the developer. I used the spot for visitors and g/f's for several years and since remarried to a non driver have rent...
by midareff
Fri Jun 01, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Tech Sector Funds?
Replies: 14
Views: 1080

Re: Fidelity Tech Sector Funds?

If this is going to be in a taxable account I would not bother. FWIW, my primary portfolio is at VG and is very Bogleish, with Total US, Total International, IT Munis in taxable and Total US, Total International and Corporate Bonds in Tax-ex. I also have a small portfolio in a Roth account at Fideli...
by midareff
Thu May 31, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: TLH muni bond fund with loses - any advice?
Replies: 4
Views: 453

Re: TLH muni bond fund with loses - any advice?

I'm looking at a similar situation here too. I've been charting VWIUX vs. VMLTX, VSCSX, VFIUX, VBTLX and VTEAX. I've ruled out VTEAX due to the .25% purchase fee and seem to see a recurring "breathing" pattern with one of those and VWIUX. I have a bit more than U in accumulated loss and may wait a b...
by midareff
Thu May 31, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: Investment money is "Fungible"
Replies: 82
Views: 5583

Re: Investment money is "Fungible"

Me either... and the funny part, it was so dam hard to accumulate and now it's called fungible.
by midareff
Thu May 31, 2018 7:22 pm
Forum: Personal Consumer Issues
Topic: Seeking Alpha pro membership, your thoughts
Replies: 15
Views: 1497

Re: Seeking Alpha pro membership, your thoughts

I don't seek alpha either. SA is financial porn. Who among us reads NO financial porn? I don't seek alpha. I have an established portfolio at VG as a retiree. Since I have reached the RMD years I rebalance once or twice a year (if needed) for risk control. I also have a Roth at Fido in which I do s...
by midareff
Wed May 30, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Is FBAR filing complicated?
Replies: 23
Views: 1646

Re: Is FBAR filing complicated?

student wrote:
Wed May 30, 2018 9:03 am
You have to file Form 8938 in addition to FBAR if it is over $50,000.

https://www.irs.gov/businesses/comparis ... quirements
Married joint is $100K.
by midareff
Wed May 30, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Is FBAR filing complicated?
Replies: 23
Views: 1646

Re: Is FBAR filing complicated?

We had to file the last six years. As others noted the filing dates have changed and there MAY also be an IRS Form 8938 requirement if the amount is large enough. Save the FBAR form electronically so you have it as a reference the next year so looking up account numbers and bank street addresses isn...
by midareff
Wed May 30, 2018 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Stock Market Index vs 500 Index
Replies: 18
Views: 3147

Re: Vanguard Total Stock Market Index vs 500 Index

I use Total in taxable and the 500 Index in my IRA based on that being slightly more tax efficient. I think at the end of the day it's 6 of one and a half dozen of the other.
by midareff
Mon May 28, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Fund choices in Nationwide 401k
Replies: 11
Views: 781

Re: Fund choices in Nationwide 401k

While in my working years we had Nationwide. After the first $10K they let you escape to Schwab as a Tier6?, as I recall. There you could get ripped off buying some Vanguard funds for a $75 transaction fee.
by midareff
Mon May 28, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 247
Views: 28927

Re: Why pay cash for a car?

Picked up a new ride a couple of months ago. Put a little over 50% down and took a 1.49% three year loan on the balance. Don't know why I would take money from the bank @ 1.6% to pay off 1.49% early.