Search found 5678 matches

by midareff
Sat Sep 15, 2018 2:33 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 142
Views: 9940

Re: Age in Bonds - Still Recommended?

LOL, the things that make no sense leading up to and at the time that a record longevity for a bull market has been set will make sense soon enough.
by midareff
Sat Sep 15, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 142
Views: 9940

Re: Age in Bonds - Still Recommended?

I remember when the conversation on here during 2009/2010 was about how 60/40 was a good all weather portfolio- now the discussion is about how unnecessary (or rather minimal) a bond position is/should be in making up ones portfolio-just an observation Anyone else remember this? +1, how quickly the...
by midareff
Fri Sep 14, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: What can you homegrown financial management spreadsheet do?
Replies: 21
Views: 1218

Re: What can you homegrown financial management spreadsheet do?

I know many BHs use external software or online services to update and analyze their finances, but many others like me rely on homegrown spreadsheets. This thread is directed at them. It would be interesting to know what facility you've built. I'll start. I have a few connected spreadsheets, all ve...
by midareff
Fri Sep 14, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Pay off 3.125% 152k mortgage early?
Replies: 37
Views: 3083

Re: Pay off 3.125% 152k mortgage early?

Paying off the debt is a reasonable alternative to fixed income investing. OTOH, I personally don't have an issue with a reasonable amount of low interest rate tax deductible debt. You could put the extra income into something like Vanguard's Intermediate Term Tax-Ex Bond Fund and generate some tax...
by midareff
Fri Sep 14, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: Credit card question - get Uber's new 4%er?
Replies: 53
Views: 6338

Re: Credit card question - get Uber's new 4%er?

So I have a couple of 10+ year old credit cards (one with rotating 5% and another with 1%), along with a 5 year CC (3% at grocery stores) and a 1 year CC (2% flat). I was debating getting the new Uber credit card with 4% cash back at restaurants/bars, 3% at hotels. I imagine I spend maybe $2500-$40...
by midareff
Fri Sep 14, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6514

Re: Lower Return Decade Says Jack: Thoughts?

The answer is save enough and retire with enough so you are not dependent on returns for your life style. Unfortunately, that plan is to unrealistic for most people. I suspect that is due to most people living larger than necessary and not developing proper habits early on. People can start a disci...
by midareff
Fri Sep 14, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6514

Re: Lower Return Decade Says Jack: Thoughts?

AlphaLess wrote:
Thu Sep 13, 2018 10:25 pm
midareff wrote:
Sun Sep 09, 2018 11:16 am
The answer is save enough and retire with enough so you are not dependent on returns for your life style.
Unfortunately, that plan is to unrealistic for most people.
I suspect that is due to most people living larger than necessary and not developing proper habits early on.
by midareff
Thu Sep 13, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: Going to the Everglade. A few questions please.
Replies: 21
Views: 1143

Re: Going to the Everglade. A few questions please.

You can go to the SunPass website and order a pass and have everything set up before you get here. Lots of mosquito repellent. https://www.sunpass.com/en/home/index.shtml Big hats.. sun screen... lots of mosquito repellent. Leave the local orchids alone if you run across any, the troopers won't like...
by midareff
Thu Sep 13, 2018 7:26 am
Forum: Investing - Help with Personal Investments
Topic: What do I do with my investments during a downturn/recession?
Replies: 24
Views: 2741

Re: What do I do with my investments during a downturn/recession?

Stay with your plan and keep buying. There is nothing better than buying stocks at a fire sale.
by midareff
Wed Sep 12, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Opinion's: Best time to withdraw RMD's when required to do so.
Replies: 22
Views: 1498

Re: Opinion's: Best time to withdraw RMD's when required to do so.

I simply withdraw (automatically) 1/12 of the required RMD monthly in the form of a transfer from VG to bank. It's just another source of income besides SS, pension, Roth, dividends from taxable and so forth.
by midareff
Tue Sep 11, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a point where you should stop or hold off rebalancing?
Replies: 15
Views: 1067

Re: Is there a point where you should stop or hold off rebalancing?

There are some interesting papers on the subject.. https://www.kitces.com/blog/how-rebalancing-usually-reduces-long-term-returns-but-is-good-risk-management-anyway/ http://resource.fpanet.org/resource/09BBF2F9-D5B3-9B76-B02E27EB8731C337/daryanani.pdf https://seekingalpha.com/article/58561-in-favor-o...
by midareff
Mon Sep 10, 2018 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: One bond fund is enough?
Replies: 16
Views: 1672

Re: One bond fund is enough?

Hello, I’m about to invest for the first time, with Vanguard, and spoke to one of their advisors by phone twice and he set up a plan, which I might choose to follow. He gave some recommendations for how to invest the bond portion of my portfolio, namely separated into these funds: Vanguard Total Bo...
by midareff
Mon Sep 10, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Can Sneakers go with Business Casual?
Replies: 172
Views: 7974

Re: Can Sneakers go with Business Casual?

Makes me so glad I'm retired and in South Florida. AFAIC, a shirt with a collar and long pants are formal wear.
by midareff
Mon Sep 10, 2018 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6514

Re: Lower Return Decade Says Jack: Thoughts?

The answer is save enough and retire with enough so you are not dependent on returns for your life style. Bingo. Why count on investment growth above inflation to sleep at night during your retirement? Of course, I'm saving and making all I can...but isn't the whole idea of this blog and investing ...
by midareff
Sun Sep 09, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6514

Re: Lower Return Decade Says Jack: Thoughts?

The answer is save enough and retire with enough so you are not dependent on returns for your life style.
by midareff
Sun Sep 09, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Good photo book printer for image quality
Replies: 24
Views: 1494

Re: Good photo book printer for image quality

Just a thought... do the book in Lightroom as others suggested and then burn it to CD and distribute that. I suspect the CD will go unlooked at as much as the book.
by midareff
Sun Sep 09, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Cell phone tip: block callers
Replies: 50
Views: 6777

Re: Cell phone tip: block callers

I recently installed the Hiya app based on recommendations from this forum. It seems to recognize spam / robo numbers and will block them. I have had the same message left by many different numbers about some health insurance nonsense. Hoping Hiya will put an end to this annoyance. I use my cell ph...
by midareff
Sun Sep 09, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Bored
Replies: 56
Views: 9372

Re: Bored

Sounds like you need a new hobby.
by midareff
Sun Sep 09, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: car purchase feedback experience
Replies: 20
Views: 1179

Re: car purchase feedback experience

About 9 months ago shopping for a new ride (and a deal on it) I had an internet sales manager be extremely deceitful and outright lie about a test drive he promised but did not allow when I arrived in person. A few months later a new GM sent me an inquiry as to how things had gone. I told him along ...
by midareff
Sun Sep 09, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth doing a small Roth conversion now?
Replies: 16
Views: 1065

Re: Is it worth doing a small Roth conversion now?

Yes, open a roth now to start the clock. Absolutely YES. This is something you can never go wrong with and max it every year if you can. I regret the years I skipped funding mine (after starting it) although funneling every penny into a 457 (b) was most worthwhile. Tax free withdrawals regardless o...
by midareff
Sun Sep 09, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 16536

Re: Why Bull Markets Are Dangerous

According to one of the newsletter writers I follow, we are in the beginning of the last great "Melt-Up" before stocks peak. So, watch the charts of the FAANG's for a blow-off top like the one in 2000. Of course the real problem is that could have started last week and you won't know until the char...
by midareff
Sat Sep 08, 2018 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 44
Views: 3602

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

I had a Mercedes C350 I bought new and drove for 5 years. It was a great, comfortable and trouble free car and I traded it for a 2018 AMG C63S Sedan I custom ordered. I've had it for 6 months now, also trouble free. Remembering I am a 70 year old retiree this car is great for me, pure fun to drive. ...
by midareff
Fri Sep 07, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: returns for the next decade
Replies: 40
Views: 4161

Re: returns for the next decade

nobody knows nothing.... it's just a life long ride.
by midareff
Wed Sep 05, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Elderly (innocent) relative received this horrible email
Replies: 51
Views: 5796

Re: Elderly (innocent) relative received this horrible email

I received this same email in my spam folder of Gmail awhile back. Weird thing is the "password" they thought they had to my email was infact the pw to a utility acct login. I will say the pw was fairly unique. I ran many malware utilities and virus scans. Not much showed up but PUP files that were...
by midareff
Wed Sep 05, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Your experience with Nitrous for a dental implant?
Replies: 27
Views: 1173

Re: Your experience with Nitrous for a dental implant?

I had nitrous more than 50 years ago for wisdom teeth. Every procedure since then, implants, bone grafts, etc., are done awake with Novocaine.
by midareff
Wed Sep 05, 2018 7:45 am
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5708

Re: Selling a car to CarMax

I've actually done this three times now. ... sorta. Twice I did and once which was an even better deal since it reduces sales tax. Could npt negotiate them up, what they offer is what they offer.
by midareff
Tue Sep 04, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: "Take risk on the equity side" -> Drop corporate bonds from bond fund? AAA-AA gov only? [Non-US]
Replies: 22
Views: 1234

Re: "Take risk on the equity side" -> Drop corporate bonds from bond fund? AAA-AA gov only? [Non-US]

Although it's a popular saying around this forum, not all investors agree with the statement, "take your risk on the equity side." In fact, the largest bond index funds include a significant share of corporate bonds. Indeed. Perhaps it isn't inherently wrong to have slightly more risk present in th...
by midareff
Mon Sep 03, 2018 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa Card
Replies: 51
Views: 7012

Re: Fidelity Rewards Visa Card

I came to know about this card, it gives 2% cash back. For every $2500 spent, it deposits $50 in the fidelity account. Here are remaining details http://www.fidelityrewards.com/credit/benefits.do What I would like to know is would this cash be treated as income? so far other credit cards I have it ...
by midareff
Mon Sep 03, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Do you take advantage of all identity monitoring offers?
Replies: 20
Views: 1098

Re: Do you take advantage of all identity monitoring offers?

With all of the data breaches these days, it seems like we get several overlapping offers for free identity monitoring services due to hacks, employees falling for a phishing scam, etc. Should we sign up for everything that is available or is one enough? We have all credit and checking bureaus froz...
by midareff
Mon Sep 03, 2018 7:07 am
Forum: Personal Consumer Issues
Topic: (FREE!) Art Collecting Event... what's the catch?
Replies: 11
Views: 1225

Re: (FREE!) Art Collecting Event... what's the catch?

PFInterest wrote:
Sun Sep 02, 2018 9:43 am
the angle is to get her to buy more useless things.....
she has money to spend at auctions.... they have stuff they want to exchange for her money. Seems pretty simple to me.
by midareff
Sat Sep 01, 2018 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Anyone investing in Municipal bonds ?
Replies: 46
Views: 3143

Re: Anyone investing in Municipal bonds ?

VWIUX, which is the Intermediate Term Admiral. It is currently yielding about 2.9% tax exempt and is up about 1% for the year. No and No, both yield and returns are available on the link below. https://investor.vanguard.com/mutual-funds/profile/performance/vwiux Why don't you track the actual month...
by midareff
Sat Sep 01, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Anyone investing in Municipal bonds ?
Replies: 46
Views: 3143

Re: Anyone investing in Municipal bonds ?

VWIUX, which is the Intermediate Term Admiral. It is currently yielding about 2.9% tax exempt and is up about 1% for the year.
by midareff
Thu Aug 30, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 155
Views: 9654

Re: How do you save money on groceries?

First, we use an AMEX 6% cash back card. After $95 annual fee it's still $265 cash back on $6K of grocery purchases. My wife hates to spend money and doesn't eat meat or fowl so that cuts back some. I rarely eat read meat. We take advantage of BOGO and WAS, and will stock up. Most consumables such a...
by midareff
Thu Aug 30, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: 0% card to another 0%?
Replies: 21
Views: 1335

Re: 0% card to another 0%?

I'd transfer the $10K to another free/free/free card but I would start paying $1K a month to blow it out in ten months.
by midareff
Mon Aug 27, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Ladies: bra shopping question
Replies: 63
Views: 8535

Re: Ladies: bra shopping question

If a guy may respond??? There are hundreds of Sears Bras listed on eBay. Have you looked?
by midareff
Mon Aug 27, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Car Depreciation Curve, Lifespan, Repairs, & Sweet Spot of Ownership
Replies: 35
Views: 3258

Re: Car Depreciation Curve, Lifespan, Repairs, & Sweet Spot of Ownership

As a motor-head retiree I buy new and drive them any way I like as long as I follow all service and maintenance protocols. I think in terms of keeping a car that has required no repairs a year past the expiration of warranty as long as it's low miles. Then maybe a second or more depending. If I'm bo...
by midareff
Mon Aug 27, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: credit card
Replies: 5
Views: 665

Re: credit card

Yes it depends. If you want it to stay open, use it occasionally. If you don't, then close it yourself. Some banks won't close them for inactivity. You can set one to autopay a bill or something. If you have a Citi Card, see if they can switch it to the DoubleCash card: 2% back on everything. One o...
by midareff
Mon Aug 27, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6575

Re: How do you calculate net worth with pensions?

Well, I guess we need to agree on the definition of “asset”. [/quote] Don't see why.... pension isn't an asset it's a monthly cash income just like Social Security. Is Social Security an asset? Nope, it's a cash flow line item in a budget. [/quote] Agreed. The asset is on the books of the insurance ...
by midareff
Mon Aug 27, 2018 8:37 am
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 289
Views: 44484

Re: Selling all equities, discuss why I'm wrong. :)

At a couple days shy of three years since your original post we can say with full conviction you made a horrible decision. You mi$$ed three more years of a remarkable bull market run. Nobody knows nothing to the max. An investment in the S&P 500 three years ago would have gained 57% in the three yea...
by midareff
Mon Aug 27, 2018 8:30 am
Forum: Personal Consumer Issues
Topic: Considering opportunity in Melbourne - Florida. Any insight about the area?
Replies: 29
Views: 2341

Re: Considering opportunity in Melbourne - Florida. Any insight about the area?

Rent beach-side for a year and get used to the area and look over the town before buying. I'd rather have hurricanes than earthquakes, raging fires and lava flows. I say that having lived in Miami almost 55 years. If you are prepared and have though about it when selecting a property it's not as sc...
by midareff
Mon Aug 27, 2018 8:19 am
Forum: Personal Consumer Issues
Topic: Considering opportunity in Melbourne - Florida. Any insight about the area?
Replies: 29
Views: 2341

Re: Considering opportunity in Melbourne - Florida. Any insight about the area?

Rent beach-side for a year and get used to the area and look over the town before buying. I'd rather have hurricanes than earthquakes, raging fires and lava flows. I say that having lived in Miami almost 55 years. If you are prepared and have though about it when selecting a property it's not as sca...
by midareff
Mon Aug 27, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: Is this a sardine market? - Seth Klarman
Replies: 2
Views: 649

Re: Is this a sardine market? - Seth Klarman

I like it..... Junk Bonds are trading sardines and treasuries are eating sardines.
by midareff
Mon Aug 27, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6575

Re: How do you calculate net worth with pensions?

My brother and SIL have pensions. He asked me how do you account your net worth when you have pensions. I told him I really don't know, unless you basically calculate the present worth of it. You will need to find out when you start collecting the benefits and for how long and if there is a spousal...
by midareff
Sun Aug 26, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6575

Re: How do you calculate net worth with pensions?

My brother and SIL have pensions. He asked me how do you account your net worth when you have pensions. I told him I really don't know, unless you basically calculate the present worth of it. You will need to find out when you start collecting the benefits and for how long and if there is a spousal...
by midareff
Sun Aug 26, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: New highs and portfolio growth in retirement
Replies: 10
Views: 1154

Re: New highs and portfolio growth in retirement

I retired April 1, 2012, @ age 64 with a well funded state's pension and started SS at age 65. FWIW, my pension and SS can pay our living costs so our WR is for expenses over and above that. My initial WR's was 3.48%, and subsequent years; 3.08%, 2.82%, 2.97%, 4.28%, 4.40% and this year will be betw...
by midareff
Sun Aug 26, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 13291

Re: 2000-2018 retirement - sequence of returns

I should also point out I was going August to August (because I only felt like changing the years and not dates in morningstar graphs). Interesting how it mutes the 2009 bottom. August 2008 to August 2009 only saw a 18% drop. So the bottom numbers of a 100% stock portfolio in March 2009 were even l...
by midareff
Sat Aug 25, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 13291

Re: 2000-2018 retirement - sequence of returns

I should also point out I was going August to August (because I only felt like changing the years and not dates in morningstar graphs). Interesting how it mutes the 2009 bottom. August 2008 to August 2009 only saw a 18% drop. So the bottom numbers of a 100% stock portfolio in March 2009 were even l...
by midareff
Sat Aug 25, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Former Kaspersky user, PCMATIC?? or what as a replacement?
Replies: 23
Views: 1424

Re: Former Kaspersky user, PCMATIC?? or what as a replacement?

Malwarebytes is a full program including real time web, virus, ransomware and anti-exploit protection. It is excellent and very highly rated. Clear #1 by some PC mags. It also blocks click-bait sites and alerts you to why. It is an annual subscription program which allows, as I recall, three machine...
by midareff
Sat Aug 25, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Sale of pre-owned Rolex
Replies: 7
Views: 950

Re: Sale of pre-owned Rolex

I'm going to assume that from looking at the internet you have a good idea for what you expect to get? If not you should. Try a couple pawnshops in your towns jewelry district or malls for buy quotes and see how that does. I like the cash in fist principle. Sold a Presidential that way. Used it for ...