Search found 5176 matches

by midareff
Tue Jan 23, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: Have you ever acted on an instinct like this?
Replies: 16
Views: 1187

Re: Have you ever acted on an instinct like this?

Decades ago I tried the foolish 4 and found out how foolish I was to do that.
by midareff
Tue Jan 23, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: Why hold total bond market fund when 7 year CDs yield more?
Replies: 19
Views: 1720

Re: Why hold total bond market fund when 7 year CDs yield more?

If for some reason you need to draw money the CD will have an early withdrawal penalty while the bond fund does not.
by midareff
Tue Jan 23, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: UHNW on paper - advice fire-testing AA
Replies: 7
Views: 377

Re: UHNW on paper - advice fire-testing AA

Without knowing things like your age, personal/family liabilities and expenses, etc., this is a less than complete picture. While the value of your business may have ties to equity prices the $5M you acquired is a separate and distinct item/portfolio. Since your risk tolerance for this money seems m...
by midareff
Tue Jan 23, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 56
Views: 3173

Re: Kitces article: A cash bucket in retirement? Nope

I'm not a fan of cash either other than the incoming monthly cash flow. With $50K - $70K available on cash back credit cards why carry cash?
by midareff
Tue Jan 23, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: Where do you get your auto loans?
Replies: 29
Views: 1716

Re: Where do you get your auto loans?

Have one issued now by draft for an AMG Benz I have ordered... PenFed 1.49%, three years. Cheap money. I mean, this my question. Let's say the car is $30K and you get that financed at 1.49%. I'd think there are two options Option 1: Put the $30K and keep it in your savings account and use that as y...
by midareff
Mon Jan 22, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Shiller and IP
Replies: 0
Views: 112

Shiller and IP

I'm going to violate my IP if the Shiller PE hits 35. I'm going to sell the profits since January 1 in taxable and move them to my bank and buy another cruise. Probably rebalance in IRA as well. All the way up to 45.2 equities at 70.
by midareff
Mon Jan 22, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: The regular investor can now trade the stock market 24 hours a day with TD Ameritrade
Replies: 41
Views: 2204

Re: The regular investor can now trade the stock market 24 hours a day with TD Ameritrade

and why would I want to do that? Contrary to some of the shoot-from-the-hip, Boglehead-bot auto-responses you see regarding day-traders, the ability to place an ETF order 24 hours a day would be helpful to those stay-the-course investors who simply are not able to place an order between the hours o...
by midareff
Mon Jan 22, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: what is the best mouse poison?
Replies: 35
Views: 1614

Re: what is the best mouse poison?

Best mouse poison I ever found was a hungry cat.
by midareff
Mon Jan 22, 2018 3:01 pm
Forum: Personal Consumer Issues
Topic: Where do you get your auto loans?
Replies: 29
Views: 1716

Re: Where do you get your auto loans?

Have one issued now by draft for an AMG Benz I have ordered... PenFed 1.49%, three years. Cheap money.
by midareff
Mon Jan 22, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 52
Views: 3184

Re: Work-out schedule for those in 60s

I answer this post from my threshold, which may or may not apply to u. I just turned 70 last month so the previous decade I was in my 60's. I am a severe osteoarthritic and weight training at this part of life is OUT, really OUT. I exercise walk two to three miles 4 times a week currently. A few yea...
by midareff
Mon Jan 22, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: "The Pain of Discipline or the Pain of Regret?"
Replies: 32
Views: 3012

Re: "The Pain of Discipline or the Pain of Regret?"

I choose the pain of discipline. My wife reads Tarot cards and said yesterday a big decline is coming. Should I consider that actionable and cash out? :mrgreen: Then again, maybe I'll just stay 45/55. :oops: :moneybag And if she's skilled at that, she was careful to not say exactly when that would ...
by midareff
Mon Jan 22, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Excel for Personal Finance Accounting ?
Replies: 25
Views: 1636

Re: Excel for Personal Finance Accounting ?

I've been using Excel for about 10 years. Have built a template for tracking everything I want to (expenses versus budget, net worth on a quarterly basis, estimating taxes, etc.) If you know what you're doing in Excel, all you need to enter is the transaction date, amount and category, then Excel c...
by midareff
Mon Jan 22, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: "The Pain of Discipline or the Pain of Regret?"
Replies: 32
Views: 3012

Re: "The Pain of Discipline or the Pain of Regret?"

nedsaid wrote:
Sat Jan 20, 2018 8:12 pm
I choose the pain of discipline.
My wife reads Tarot cards and said yesterday a big decline is coming. Should I consider that actionable and cash out? :mrgreen:

Then again, maybe I'll just stay 45/55. :oops:

:moneybag
by midareff
Mon Jan 22, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Jewelry Insurance - Custom Ring Options?
Replies: 11
Views: 565

Re: Jewelry Insurance - Custom Ring Options?

IMHO, any jeweler that builds a $6.5K custom ring and doesn't furnish a certified appraisal with it is a scam artist. The stone should have, at a minimum, a certified GIA or similar grading of color, size and so forth already done.... that's how they are sold. For insurance purposes you will want an...
by midareff
Sun Jan 21, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Excel for Personal Finance Accounting ?
Replies: 25
Views: 1636

Re: Excel for Personal Finance Accounting ?

Always used excel.. started at work as soon as they went PC and had MS programs. Has to be since Win95 so 23+ years at this point. Have some excel skills but certainly not a wizard. If there is something I want to do and don't know how I just Google it and it's always out there at some site. I use e...
by midareff
Sat Jan 20, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 7701

Re: Fear of dying with too much money?

I'm much more concerned with matching my WR and spending curve to the Go-Go phase of retirement I'm in @ 70 y/o, and like to travel. From my own observations of my slowly diminishing physical abilities and observing those on trips around me the later 70's to 80 is about is far as active travel gets...
by midareff
Sat Jan 20, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Pros and Cons of High Rise Condos for retired couple
Replies: 44
Views: 4427

Re: Pros and Cons of High Rise Condos for retired couple

I've lived in houses, town-houses, rental apartments and condos. First, I would advise (strongly) against a one bedroom unless there are no grand-kids, never will be any, and no relative or anyone else in the world will ever be welcome to stay a night. Second.. (Pros) . we are retired and travel. We...
by midareff
Sat Jan 20, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: Used specialty’s car - Ext factory warranty or self-insure?
Replies: 5
Views: 424

Re: Used specialty’s car - Ext factory warranty or self-insure?

Just one man's opinion here although I spent my life in the fleet and fleet maintenance business. Always been a bit of a motorhead and have had some interesting cars along the way to 70 y/o. Currently driving a Mercedes C350 that has been so nice I hate to give it up after 5 years but I have a bad a...
by midareff
Sat Jan 20, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 7701

Re: Fear of dying with too much money?

I'm much more concerned with matching my WR and spending curve to the Go-Go phase of retirement I'm in @ 70 y/o, and like to travel. From my own observations of my slowly diminishing physical abilities and observing those on trips around me the later 70's to 80 is about is far as active travel gets....
by midareff
Fri Jan 19, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: What can I do to fight this ridiculous medical bill?
Replies: 86
Views: 4090

Re: What can I do to fight this ridiculous medical bill?

I have previously found the insurance company will go back to the supplier and straighten it out for me.
by midareff
Thu Jan 18, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Automatic Investing
Replies: 11
Views: 630

Re: Automatic Investing

Then again you could just remember to execute a buy on the first day of every month and not do the automatic. That might be helpful on months you have extra beyond the amount planned.
by midareff
Thu Jan 18, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 71
Views: 4770

Re: Exit strategy for bitcoin

I'd say there are three options. First, get out any time it is selling for more than you paid for it. Second, get out before it drops further. Third, understand the true meaning and origin of the saying; "once bitten twice shy" and stay away from so called investments that do not have a money making...
by midareff
Wed Jan 17, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: St. Petersburg, FL visit: Rental car, tolls, SunPass questions
Replies: 23
Views: 1347

Re: St. Petersburg, FL visit: Rental car, tolls, SunPass questions

That works. Order online for the mini pass (4.99) using current license plate number. Install sunpass app and update the number plate once you have the rental vehicle. You can remove the rental plate number after returning the rental vehicle. Good luck ! Just pull the sticker off too at turn in and...
by midareff
Tue Jan 16, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: I'm hooked
Replies: 22
Views: 3971

Re: I'm hooked

Welcome to the forum :) .

Truly amazing amount of collective wisdom on tap at this site. Reading the wiki is like getting an education all by itself.
by midareff
Tue Jan 16, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Withholding Tables
Replies: 88
Views: 11113

Re: 2018 Withholding Tables

Since this will also be my first year of RMD in addition to pension and SS I'm simply going to pay in 110% of last year via EFTPS to avoid penalty (if applicable) and go on about my retirement.
by midareff
Tue Jan 16, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: St. Petersburg, FL visit: Rental car, tolls, SunPass questions
Replies: 23
Views: 1347

Re: St. Petersburg, FL visit: Rental car, tolls, SunPass questions

You are overly worried about tolls. The main one you will encounter is the Sunshine Skyway Bridge at $1.25 a trip. The SunPass saves 18 cents. Hardly seems worth the trouble or expense for two weeks. Gill +1 we just paid cash at the booth that accepts cash. No reason to setup a pass or pay the extr...
by midareff
Mon Jan 15, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Dow 30,000 S&P 3000, Nasdaq 10,000
Replies: 39
Views: 4559

Re: Dow 30,000 S&P 3000, Nasdaq 10,000

RRAAYY3 wrote:
Mon Jan 15, 2018 2:37 pm
I'll take it !

[Any further elaboration as to why?]
Gladly, and carefully rebalance.
by midareff
Mon Jan 15, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 173
Views: 11474

Re: Stats on When People Take Social Security

I started at 65 although I had enough assets to carry me to 70. I did it as I chose not to deplete those assets which I might need later in life, and no one knows what the market will do next. As it turned out those assets grew more than 55% in that period (70 now), so the difference I can afford i...
by midareff
Mon Jan 15, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 45
Views: 4811

Re: AA is much harder than I thought...

Back in 1997 I could not understand the logic of owning any bonds and had a very tech heavy portfolio. The daily grind of watching $1.3M dwindle to $589K was .. well, without 4 letter words, horrid. It took more than a decade for me to recover. I'm now 45/55 with 18 years draw in bonds sans dividend...
by midareff
Mon Jan 15, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 173
Views: 11474

Re: Stats on When People Take Social Security

I started at 65 although I had enough assets to carry me to 70. I did it as I chose not to deplete those assets which I might need later in life, and no one knows what the market will do next. As it turned out those assets grew more than 55% in that period (70 now), so the difference I can afford i...
by midareff
Mon Jan 15, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 36
Views: 3784

Re: “Better Buy” Total US or International ?

The prevailing thought these day is that international is the "better buy" at this moment due to PE and historical valuations. I have increased my allocation to international to 50/50. FWIW, M* also lists the prior 12 month dividend yield for VTIAX at 2.73% and I take dividends from taxable (retired).
by midareff
Mon Jan 15, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 173
Views: 11474

Re: Stats on When People Take Social Security

I started at 65 although I had enough assets to carry me to 70. I did it as I chose not to deplete those assets which I might need later in life, and no one knows what the market will do next. As it turned out those assets grew more than 55% in that period (70 now), so the difference I can afford in...
by midareff
Mon Jan 15, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Where do you get your auto loans?
Replies: 29
Views: 1716

Re: Where do you get your auto loans?

I just received a draft from PenFed for a vehicle I have on order. 36 month payback at 1.49%, longer terms available at higher rates. About a year ago I paid off (early) a previous PenFed loan that provided 5 years at 1.49%. For me it's an easy decision. Take the money from a bond fund paying 2.8% t...
by midareff
Mon Jan 15, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6416

Re: Looking for a reasonably priced, safe international destination

PFInterest wrote:
Sun Jan 14, 2018 9:45 am
Canada.
Old Towne, Quebec City.. the kids will remember the cable cars for a long time. Should be beautiful in May with flowers and nice weather.
by midareff
Mon Jan 15, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Estimating health care expenses in retirement
Replies: 12
Views: 1395

Re: Estimating health care expenses in retirement

Estimating health care is the easy part. ... for us, me on Medicare with AARP United Plan F, and her on my former employers spousal coverage our insurance cost has been (monthly) 2018 - $1062, 2017 - $962, 2016 - $ 921, 2015 - $866. roughly 23% increase over 3 years, or 7.3% annually, in a very low ...
by midareff
Mon Jan 15, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2602

Re: Do people in the forum hold foreign bonds?

70, retired and NO, I do not hold foreign bonds and have no expectation of adjusting portfolio to hold them.
by midareff
Sun Jan 14, 2018 7:21 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 8990

Re: Why is Vanguard switching all accounts to brokerage accounts?

I have brokerage accounts in both taxable and IRA. Nothing is in either of them as all funds are still in the prior accounts.
by midareff
Sun Jan 14, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: How long do you save tax returns?
Replies: 39
Views: 3196

Re: How long do you save tax returns?

cheese_breath wrote:
Sun Jan 14, 2018 1:30 pm
Forever.
+1 Digitized from official transcript.
by midareff
Sun Jan 14, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Anyone Gone All the Way with LastPass?
Replies: 25
Views: 1382

Re: Anyone Gone All the Way with LastPass?

Yes, all the way. Also have LastPass mobile but don't use it. Any site with financial information, even a credit card number is 15 or 16 character alpha numerical + symbol if applicable. 125 sites with passwords.
by midareff
Sun Jan 14, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Car people: 2014 E63 AMG or 2018 E400 wagon??
Replies: 63
Views: 3135

Re: Car people: 2014 E63 AMG or 2018 E400 wagon??

I'd get the E400. Having owned many fast German cars, you come to realize you can only drive so fast to work and back. A truly fast daily driver becomes an annoyance after a while because you never get out of 3rd gear. LOL, if you don't have 500 horses you could not possibly idle and do stop and go...
by midareff
Sat Jan 13, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '8% rule' - Where are they now?
Replies: 40
Views: 6520

Re: Year 2000 retirees using the '8% rule' - Where are they now?

[...]Then sometime later in 1999, I stumbled on the Retire Early Home Page . This page talked Retirement Withdrawals and the Trinity Study, which was published in 1998. It's the first place I heard about the 4% Rule. And he had studies that showed that 10, 8, 7 even 5 percent didn't always work. Ho...
by midareff
Sat Jan 13, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Storing Important Documents Online
Replies: 27
Views: 1241

Re: Storing Important Documents Online

Want to keep copies of Passport, birth certificate, SS card and other important documents online. What are you using? Thanks! I keep the relevant account numbers in a word doc in a LastPass Vault. Advantage is it can be accessed by my phone or tablet (recognized devices) provided the 16 character p...
by midareff
Thu Jan 11, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: retiree health ins - how to propose to Employer?
Replies: 39
Views: 1753

Re: retiree health ins - how to propose to Employer?

My former employer, a municipal government in Florida allows/allowed me to keep my wife on their insurance after I retired until she becomes Medicare eligible. I pay the cost of her insurance as a monthly deduct from my State's retirement check. It's $570 a month + co-pays for office visits and drug...
by midareff
Thu Jan 11, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Bond component of AA
Replies: 5
Views: 345

Re: Bond component of AA

I believe there is a line in the sand somewhere between acceptable and preferred. With an average duration of 7.8 years and a Fed seemingly interested in periodically raising rates I would find the duration too long for me. The Total Bond Market Index Fund has a duration of 6.1 years and VICSX (Inte...
by midareff
Thu Jan 11, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 71
Views: 4841

Re: Car accident - was directed to sign release

Why are you dealing with the other party's insurance company? You should have your insurance company represent you (that's what they are "hired" by you to do) There are probably quite a few pictures of ambulance chasers on billboards around town. I'd guess they could do better for you after their f...
by midareff
Thu Jan 11, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4485

Re: Help me stop my addiction to stock market peeping!

I, for one, see nothing wrong with peeping at investment and/or all other accounts. I have an app on my smartphone that gives me the % change in the ETF version of all my funds if and when I care to look. Bank accounts, credit cards and such I check several times a week for errors or possibly fraudu...
by midareff
Wed Jan 10, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: Any Porsche 911 owners here?
Replies: 142
Views: 16904

Re: Any Porsche 911 owners here?

Not to hijack the thread but...... had two new Porsche's, a 1998 Boxster and a 2000 Boxster S. Both cars needed the dealer every 7 weeks or so for a vast collection of sensor issues which totally excluded any thought of keeping either of them past their warranty period. Have a Mercedes C350 for the ...
by midareff
Wed Jan 10, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: What your 2017 returns would look like if you listened to these financial websites
Replies: 18
Views: 3727

Re: What your 2017 returns would look like if you listened to these financial websites

jhfenton wrote:
Tue Jan 09, 2018 1:14 pm
David Jay wrote:
Tue Jan 09, 2018 1:10 pm
And VTIAX (Total Stock Market) was up 27.5%

...own the haystack
VTIAX (Total International Stock) was up 27.5%. VTSAX (Total Stock Market) was up 21.2%.
Yeah, it was pretty awful owning lots of both.
by midareff
Wed Jan 10, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 182
Views: 18995

Re: Anyone disenchanted with retirement?

Six years in and I've been so busy traveling and doing my own photography, catching up on music albums, movies and such I don't know how I ever had the time to go to work. Being retired is like being released from prison.