Search found 5240 matches

by midareff
Sun Feb 18, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 60
Views: 5429

Re: Single People and Retirement Question

I was "between" wives for 17 years and worked 60 -70 hour weeks most of the time. I like to travel and did organized group tours that catered to singles. I went to China 2X, Thailand, Vietnam, Cambodia, Egypt, Kenya and Tanzania, South Africa, Victoria Falls, Botswana, Zululand, Swaziland, Scotland...
by midareff
Sat Feb 17, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Mixing fuel octanes for cars
Replies: 39
Views: 2264

Re: Mixing fuel octanes for cars

Fuel with more energy, as in 91 or 93 octane compared to 87 or 89 octane, contains more energy and required less fuel to create the same explosive energy inside the cylinder. You are close to being correct, but octane has nothing to do with energy content. A higher octane rating means that the fuel...
by midareff
Sat Feb 17, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: Mixing fuel octanes for cars
Replies: 39
Views: 2264

Re: Mixing fuel octanes for cars

Our strategy is to avoid buying any car that is so poorly designed as to require needlessly expensive gasoline. Marylander1 IMHO you are misinformed if you think Porsches, Lambos, Maseratis, AMG Benz, Ferrari or other exquisitely designed and engineered vehicles are poorly designed by requiring fue...
by midareff
Sat Feb 17, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Recurring charges after compromised card
Replies: 8
Views: 475

Re: Recurring charges after compromised card

I had some unauthorized charges on my Mastercard and they issued me a new card with a new card number. I know that companies for which you have set up recurring charges (autopays) can use a service to get this new number. According to what I was told by a credit card company previously (Amex), some...
by midareff
Sat Feb 17, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 2444

Re: USAA 41% More For Car Insurance

After 47 years with Liberty Mutual I quoted around for the first time in many years. Everyone was less expensive and Geico was about 33% of Liberty's charges.
by midareff
Thu Feb 15, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: How do docs treat "white coat hypertension"?
Replies: 35
Views: 2030

Re: How do docs treat "white coat hypertension"?

Same issue at every doctor except my primary, whose been my primary >20 years.
by midareff
Thu Feb 15, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 155
Views: 10244

Re: Did you learn anything from the market correction?

I learned that my instincts still work after a nearly 20 year career as an investor. I sent my team an email on 1/26 at 1:45pm with a 3 word subject of "Sell, Sell, Sell". I reduced my equity exposure by 50% at market close. There was no signal to me other than the speed of the move on 1/26. It als...
by midareff
Wed Feb 14, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone know of a Russia or Russia Focused Fund?
Replies: 1
Views: 331

Anyone know of a Russia or Russia Focused Fund?

Interested in a Russia Fund, Australia Fund and a fund for any of the worldwide bourses that does not have a purchase or sales fee. NO ETF's, just mutual funds.

Thanks in advance.
by midareff
Tue Feb 13, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: Expecting a crash...but staying the course
Replies: 8
Views: 1602

Re: Expecting a crash...but staying the course

My wife thinks she can read the market in her Tarot cards. I try to humor her but she doesn't get to hold the keys to the kingdom..
by midareff
Tue Feb 13, 2018 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor???
Replies: 11
Views: 677

Re: Financial Advisor???

Dealing with sales people taught me the ones who stay in sales know how to ask for the sale. That is what he was doing. I have been pitched by many but none of them can convince me they can produce enough risk adjusted alpha to cover their fees and recommended fund costs.. ... and that's the bottom ...
by midareff
Tue Feb 13, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: I'm Lost Please Help Me :(
Replies: 20
Views: 2171

Re: I'm Lost Please Help Me :(

#1. Read the Wiki here. #2. Aggressively get rid of the debt. #3. Establish the three fund portfolio, or as close as you can get in the 401. #4. After #2 max your 401 and open a taxable account at Vanguard and establish a three fund there. #5. Start on the recommended reading list in the Wiki.
by midareff
Tue Feb 13, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: Appliance repair: manufacturer authorized tech vs generic repairman?
Replies: 23
Views: 1038

Re: Appliance repair: manufacturer authorized tech vs generic repairman?

It all depends on who you get. If the tech has been to the manufacturer's schools and is certified he/she should know what are doing. OTOH, a private shop who has been around may know how to fix it for pennies. Had that happen with a TV. Factory repair estimate was about $700 which I declined as it ...
by midareff
Tue Feb 13, 2018 7:56 am
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 45
Views: 4661

Re: Rolex

I worked downtown Miami for many years and had some friends in the jewelry business. Picked up a brand new grey market Datejust about 20 years ago from the Seybold Arcade for lots off and a Presidential that looked brand new with the sticker still on it from my friend at less than half of retail. Ha...
by midareff
Mon Feb 12, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 3850

Re: Going Paperless Issues

No email 99.9% of mine are auto debit from a checking account Utilities Insurance,Health ,auto home Cell phone internet bill I pay property tax at my discretion. Those are my "bills" :happy No email 92% of mine are auto charge to a 2% cash back credit card which is set to auto-pay in full monthly a...
by midareff
Mon Feb 12, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4068

Re: How does one emotionally keep it together during market swings?

Gray... it's a market and that is what markets do. The last eight years is not what markets should be expected to do. BTW, Peter Lynch in his book "Beating the Street", copyright 1993 cited 33 prior modern time instances where the market has dropped 10% or more, I think at the time he also cited 13...
by midareff
Mon Feb 12, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Short term bonds with 6,7,&8% yield?
Replies: 7
Views: 892

Re: Short term bonds with 6,7,&8% yield?

You can find them in the lower end of the bond credit ratings. https://www.sec.gov/files/ib_high-yield.pdf going down the alphabet stop at J, for junk and go on to R, for really junk. You may get 6, 7 or 8% on some and you may get default and a fee pennies on the dollar on some. IMHO it's horrible ...
by midareff
Mon Feb 12, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5192

Re: Are REITs essentially taboo for years now with rising rates?

I previously held REIT's in an IRA but migrated out of them last year building a larger position in VFIAX and VTIAX. What in heavens name do VFIAX and VTIAX stand for? Ahhhh... bread and butter? Sorry, I though the "heads" would know those right off. They are the Vanguard 500 Index Admiral and Vang...
by midareff
Mon Feb 12, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Cheap cell phone plans
Replies: 48
Views: 3315

Re: Cheap cell phone plans

GerryL wrote:
Mon Feb 05, 2018 9:19 pm
I have been on Consumer Cellular for several years. Discount from already low prices if you have AARP membership.
Agreed and have had good service and no issues. $41 a month for me and wife with unlimited phone and text, I have data she doesn't. We own our phones.
by midareff
Sun Feb 11, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Good companion card to Quicksilver?
Replies: 14
Views: 509

Re: Good companion card to Quicksilver?

Citi Double Cash. 2% Cash back unlimited. and the Fidelity Visa .. 2% back on everything. I use that one unless it's the grocery store, then it's the 6% AMEX Blue Cash Preferred, or gas, when it's the PenFed 5% gas card. I play the game for about $2200 a year in cash back. You have to have an eligi...
by midareff
Sun Feb 11, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5192

Re: Are REITs essentially taboo for years now with rising rates?

I previously held REIT's in an IRA but migrated out of them last year building a larger position in VFIAX and VTIAX.
by midareff
Sun Feb 11, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Good companion card to Quicksilver?
Replies: 14
Views: 509

Re: Good companion card to Quicksilver?

student wrote:
Sun Feb 11, 2018 6:28 pm
Citi Double Cash. 2% Cash back unlimited.
and the Fidelity Visa .. 2% back on everything. I use that one unless it's the grocery store, then it's the 6% AMEX Blue Cash Preferred, or gas, when it's the PenFed 5% gas card. I play the game for about $2200 a year in cash back.
by midareff
Sun Feb 11, 2018 7:23 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4068

Re: How does one emotionally keep it together during market swings?

Gray... it's a market and that is what markets do. The last eight years is not what markets should be expected to do.
by midareff
Sun Feb 11, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: Just how safe is a short-term corporate bond fund?
Replies: 33
Views: 2905

Re: Just how safe is a short-term corporate bond fund?

VSCSX is yielding about 2.3% or slightly less monthly over the last few months. It's NAV has declined .99% over the past 12 months. Net to you roughly 1.3%. Ally Bank currently paying 1.45% on savings accounts and is FDIC insured. Do not confuse SEC% with monthly yield and changes in NAV. I'd leave...
by midareff
Sun Feb 11, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 4693

Re: Family expecting “comps”

Interesting. . . to be so easily offended. . . without mentioning it first. . .perhaps a misunderstanding. . and then quick to pass judgement with a "nasty message". Yes. an expression of "resentment" as you sense, perhaps entitlement to your riches. Things like this reveal character, perhaps. As i...
by midareff
Sun Feb 11, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Just how safe is a short-term corporate bond fund?
Replies: 33
Views: 2905

Re: Just how safe is a short-term corporate bond fund?

VSCSX is yielding about 2.3% or slightly less monthly over the last few months. It's NAV has declined .99% over the past 12 months. Net to you roughly 1.3%. Ally Bank currently paying 1.45% on savings accounts and is FDIC insured. Do not confuse SEC% with monthly yield and changes in NAV. I'd leave...
by midareff
Sun Feb 11, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: 2 yrs to retirement - asset allocation?
Replies: 19
Views: 2189

Re: 2 yrs to retirement - asset allocation?

"Naturally, I'm not sleeping well at night because we're really beyond the 45/55 bond/equities ratios I've read about for this stage in investing life. I've lived through the crash and we were wiped out once and can't afford to do it again so close to retirement. I feel current markets are overvalue...
by midareff
Sun Feb 11, 2018 8:55 am
Forum: Personal Consumer Issues
Topic: Single People and Retirement Question
Replies: 60
Views: 5429

Re: Single People and Retirement Question

I was "between" wives for 17 years and worked 60 -70 hour weeks most of the time. I like to travel and did organized group tours that catered to singles. I went to China 2X, Thailand, Vietnam, Cambodia, Egypt, Kenya and Tanzania, South Africa, Victoria Falls, Botswana, Zululand, Swaziland, Scotland,...
by midareff
Sun Feb 11, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: officiate a marriage
Replies: 13
Views: 911

Re: officiate a marriage

State laws differ on who can officiate at a marriage. In Florida a notary public is authorized to do so. Gill +1. Check with NY state and the local county. My wife's friend officiated our wedding in VA. All it took was one form to fill out and a small deposit, but ours wasn't affiliated with any re...
by midareff
Sun Feb 11, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 6362

Re: Does it ever make sense to buy a new car?

I can recall keeping cars 10-15 years We are retired Now The clock is ticking I stopped rationalizing every financial move, and crunching every number. We purchased a 2017 Honda Civic 6 months ago. 4 days ago I was looking at the 2018 Touring Sport Civic Hatchback online. I found one. Sent an email...
by midareff
Sun Feb 11, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: Just how safe is a short-term corporate bond fund?
Replies: 33
Views: 2905

Re: Just how safe is a short-term corporate bond fund?

On the spectrum of investments, obviously, a short-term corporate bond (e.g. VSCSX) is pretty darn safe. For that reason, I'm considering doing something potentially dangerous: putting the 10s of thousands of dollars that I otherwise hold in cash (essentially, my emergency fund) in VSCSX. Advantage...
by midareff
Sat Feb 10, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: How to prepare for impact of marked inflation, devalue of dollar
Replies: 10
Views: 894

Re: How to prepare for impact of marked inflation, devalue of dollar

People need to be sensible as to whether they are trying to worry about normal ranges of inflation for which SS and a government pension are indexed and doomsday scenarios for which there is no realistic preparation. That doesn't mean having some supplies of food and water, good flashlights with ba...
by midareff
Sat Feb 10, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: How to prepare for impact of marked inflation, devalue of dollar
Replies: 10
Views: 894

Re: How to prepare for impact of marked inflation, devalue of dollar

Hmmmm.... at 70, retired with a cola'd pension and SS that cover our monthly before decumulation I don't see any meaningful change there. Portfolio pays the frills, nicer travel outside the country (mainly Viking now), and other luxury items. Average draw for last six years + this year will be 3.76%...
by midareff
Sat Feb 10, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Invest in 5% bond or Roth IRA?
Replies: 9
Views: 774

Re: Invest in 5% bond or Roth IRA?

mega317 wrote:
Sat Feb 10, 2018 7:41 am
Yes please post in great detail so we can either take advantage of the opportunity or explain why you shouldn't.
I would like to understand how 5% interest is low risk at any term right now.
by midareff
Thu Feb 08, 2018 2:38 pm
Forum: Investing - Theory, News & General
Topic: Best Funds for Roth IRA
Replies: 4
Views: 469

Re: Best Funds for Roth IRA

I use my Roth which is presently about 7% of total as a play money fund.
by midareff
Thu Feb 08, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 13297

Re: Financial Hole

Re: (Cell phone-$165(wife pays,3 phones including her son's back east) Internet/phone/TV- Internet $70,cable $98,no home phone Credit card debt payment-Approx $210 monthly between 7 cards. Yes wife is addicted to cigarettes,so much so that she'd rather smoke than eat...therefore a pack a day x 7 = ...
by midareff
Thu Feb 08, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 223
Views: 13781

Re: free dinner investing seminar

I've been 2 2 of them. They pitch the full spectrum of investment and tax managed investing to estate planning with everything available including wills and trusts. The follow-up is higher pressure and of course, they are closing, or trying to, from the opening. You can expect a follow-up call a da...
by midareff
Thu Feb 08, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 223
Views: 13781

Re: free dinner investing seminar

I would never go to one of these. I went to a timeshare for free show tickets in Vegas, and it was always difficult to say no. They offered a timeshare for $100,000 which was easy to say no. Then the price was lowered, and at the very end of the presentation they offered it to me for $10,000. It su...
by midareff
Thu Feb 08, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 223
Views: 13781

Re: free dinner investing seminar

I've been 2 2 of them. They pitch the full spectrum of investment and tax managed investing to estate planning with everything available including wills and trusts. The follow-up is higher pressure and of course, they are closing, or trying to, from the opening. You can expect a follow-up call a day...
by midareff
Wed Feb 07, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Dumb question: Would you hold International in Taxable vs ROTH for tax purposes?
Replies: 17
Views: 773

Re: Dumb question: Would you hold International in Taxable vs ROTH for tax purposes?

I hold it in taxable and tax deferred, and sometimes in my Roth as well. Per M* it has a prior 12 month distribution yield of 2.59% which I distribute to our bank for spending as we are retired.
by midareff
Tue Feb 06, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Young vs Middle Aged?
Replies: 32
Views: 2860

Re: Young vs Middle Aged?

The number 30 is significant for me - Save 30% , tax 30% , buffer everything by 30% . My thoughts on phases of life:- 0 - 30 - Young - build your human capital 31 - 60 - Middle - build own family and provide them resources(all the while keep on listening how you failed duty towards parents and sibl...
by midareff
Tue Feb 06, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Young vs Middle Aged?
Replies: 32
Views: 2860

Re: Young vs Middle Aged?

LOL.... I just turned 70 so I guess I'm middle aged since I'm between birth and death. For a small world laugh.... about 6 years ago I met a very elderly neighbor.. she was about 100 at that time. Turns our she was my 4th grade teacher in Brooklyn, NY, PS 221. She passed between 105 and 106 so think...
by midareff
Tue Feb 06, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: How to receive large payment for a boat, PayPal vs Wire
Replies: 31
Views: 1964

Re: How to receive large payment for a boat, PayPal vs Wire

I would avoid paypal like the plague. The fact that the buyer wants to use paypal is a red flag. Are you dealing with a local buyer? Have they seen the boat? If not you are likely dealing with a scammer. Cashiers check in hand at Bank ONLY. (or CIF cash in fist) Then hand over title and unhook boat...
by midareff
Mon Feb 05, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: Can I extend a lease?
Replies: 7
Views: 682

Re: Can I extend a lease?

While you have them on the phone see if they will sell you the car and for how much.
by midareff
Mon Feb 05, 2018 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Virginia/Maryland Car Dealers vs. Others
Replies: 13
Views: 1163

Re: Virginia/Maryland Car Dealers vs. Others

In the Miami/Fort Lauderdale area there are 8 Mercedes dealers. One organization owns 2 of them, the other 6 are Autonation stores. Autonation was MSRP + $500, the other was $1K off and an insulting trade offer. I contacted a dealer in Fort Myers, about 150 miles away. $5K off and a CarMax match on ...
by midareff
Mon Feb 05, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 260
Views: 14192

Re: For BHs who actually like cars - what is your daily driver?

2013 Mercedes C350 @ the moment, 2018 C63S due March. pure curiosity...why c63s and not e63s? Thanks Jainn https://www.mbusa.com/mercedes/vehicles/model/class-E/model-E63W4S In the 5 years I have had the C350 the rear seats have been used 4 times, max, so I don't need a larger car, and actually pre...
by midareff
Sun Feb 04, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 260
Views: 14192

Re: For BHs who actually like cars - what is your daily driver?

2013 Mercedes C350 @ the moment, 2018 C63S due March.
by midareff
Fri Feb 02, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 53
Views: 3577

Re: What's your cash position

When BH talking about investing, they all talking about three fund US/Intl/BND. What about cash. Though cash loose purchase value over time due to inflation. Equity and Bond loose value more quickly during bubble burst. In a bear market, the asset which loose the least is the winner. My typical cas...
by midareff
Fri Feb 02, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Finally going to invest, brother is FA
Replies: 89
Views: 6540

Re: Finally going to invest, brother is FA

If your brother was a brother who had not succumbed himself to the EJ magic potion he would tell you to do it yourself in a three fund or other ideologically identical portfolio. Feel free to search this site for EJ folks bailing out. Three fund and done works as well as anything and is better than ...