Search found 5013 matches

by midareff
Tue Nov 21, 2017 7:58 am
Forum: Personal Consumer Issues
Topic: New car buyers...you should consider financing
Replies: 24
Views: 1506

Re: New car buyers...you should consider financing

PenFed is offering 1.49% 36 month financing on new cars up to $100K. Apply in advance, get a draft and use it for the amount you choose. Took that deal (if was 60 month then) for my car and paid it off in 4.5 years. Can you make more than 1.49% in the market? VWIUX is distributing 2.8% tax free so I...
by midareff
Mon Nov 20, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your annual expenditures are you targeting for travel once you are retired?
Replies: 19
Views: 1107

Re: What percentage of your annual expenditures are you targeting for travel once you are retired?

What percentage of your annual expenditures are you targeting for travel once you are retired? In our case it is looking like somewhere in the 25%-35% range if we followthrough on plans. Expenses look like $8200 a month including IRS Quarterly payments and the purchase of a new car not expected unt...
by midareff
Mon Nov 20, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 35
Views: 1279

Re: Recommend a daily driver

Used Jeep
by midareff
Mon Nov 20, 2017 9:26 am
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 66
Views: 3398

Re: Michelin or Bridgestone?

I tend to buy higher quality tires when changing as the lives I'm protecting are mine and my wife's. Tires tend to last me a few years and I never wear them down to the legal limit either.
by midareff
Mon Nov 20, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: What brand of used car - Hyundai vs Nissan?
Replies: 27
Views: 1437

Re: What brand of used car - Hyundai vs Nissan?

I wouldn't buy either and I wouldn't buy a rental car. Since you asked :wink: Why not another used Civic? 1 owner, 5-10 years old, 50-100k miles Can you please explain why wouldn't you buy a rental? Having spent 11 years working for a rental car outfit in my much younger years... they are run hard ...
by midareff
Mon Nov 20, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 169
Views: 9486

Re: Dave Ramsey says don't use credit cards, even if you pay them off

We use cash back credit cards for everything possible. Cash and checks have simply become a PIA to use. Pockets full of change, a ledger of checks to balance.. phooey. AMEX Cash Preferred for 6% back on groceries, PenFed 5% back on gas, Fidelity Visa for 2% on everything else. Last three years we ar...
by midareff
Mon Nov 20, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 47
Views: 2000

Re: Uber for someone who knows only taxis

We have both Uber and Lyft and use Lyft on the recommendation of a friend as we only started using it a couple of months ago. I use it for trips to the Macular specialist for my eye injections as they dilate as well and I decided I'm not comfortable driving home afterwards. It rarely takes more than...
by midareff
Mon Nov 20, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: What to do with 360k for an old man
Replies: 30
Views: 2879

Re: What to do with 360k for an old man

Whatever grandpa wants and makes him happy. :D Yup...... the family taking such an active interest in Grampa's stash seems a bit self serving FWIW, although about $325K in IT Tax-Ex would pay him about $700- $725 a month in tax free income and leave about $25K - $35K which could be in a 1.25% Ally ...
by midareff
Mon Nov 20, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: What to do with 360k for an old man
Replies: 30
Views: 2879

Re: What to do with 360k for an old man

Whatever grandpa wants and makes him happy. :D Yup...... the family taking such an active interest in Grampa's stash seems a bit self serving FWIW, although about $325K in IT Tax-Ex would pay him about $700- $725 a month in tax free income and leave about $25K - $35K which could be in a 1.25% Ally ...
by midareff
Sun Nov 19, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Health Insurance
Replies: 2
Views: 306

Re: Health Insurance

See if the employer you are going to be retiring from will allow you to keep this insurance. I was able to keep my wife on my former employers insurance as a spouse although I pay their cost as part of a 25,000 person self insured group, and I am on Medicare + Supplement. It's tough and expensive, w...
by midareff
Sun Nov 19, 2017 2:43 pm
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1280

Re: Investment Portfolio Tracking & Spreadsheets

In reviewing the excellent responses it appears that a few involve very complex and detailed spreadsheets. abuss... a spreadsheet can be very involved and complicated with the information it gets from one download, one download is necessary to get current pricing. The spreadsheet does all the work ...
by midareff
Sun Nov 19, 2017 2:41 pm
Forum: Personal Consumer Issues
Topic: Auto Insurance: AAA vs. Travellers
Replies: 18
Views: 944

Re: Auto Insurance: AAA vs. Travellers

If you're shopping, do it right. Get a few more quotes, Geico, Progressive, and Allstate. You can do it online. edited to add: bundling sometimes provides additional saving if you are insuring home. absolutely right, call around. After 45+ years with Liberty Mutual I switched to Geico when they wer...
by midareff
Sun Nov 19, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: Can anyone help me with details on Portland Oregon Trip?
Replies: 14
Views: 529

Re: Can anyone help me with details on Portland Oregon Trip?

Days 1 & 2: Stay in Portland, use public transportation to explore this city, food and all. What are not to be missed places to visit?

Underground Portland.. Google it.
by midareff
Sun Nov 19, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 84
Views: 4222

Re: How much do you budget for vacation?

about $50K although last year or two were a bit more. Retired and like cruise ships.
by midareff
Sun Nov 19, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 37
Views: 2299

Re: Tax Returns - How Long Do you Keep?

I have 1996 forward. I request a transcript from the IRS as couple of weeks after I submit and then scan into hard drive when I receive it.
by midareff
Sun Nov 19, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1280

Re: Investment Portfolio Tracking & Spreadsheets

Bogleheads - I am curious how many of us keep track of our investment portfolios with spreadsheets, Quicken, or some other package in an effort to review and analyze everything. If you monitor investments, do you also track College 529 plans, Liabilities and Debt? Do you not do any form of tracking...
by midareff
Sun Nov 19, 2017 9:28 am
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 96
Views: 4186

Re: Where did you first learn about investing?

At the dinner table when I was finally big enough to sit there.. call it about 1952. Buy, hold and get the dividends every quarter. Dad listened to the stock market report every day on the radio as my folks saved for their retirement, which was 1964. I started about 1970 as part of an employer's pay...
by midareff
Sun Nov 19, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: Morningstar - AQR: The Vanguard of Alternative Investing?
Replies: 48
Views: 3087

Re: Morningstar - AQR: The Vanguard of Alternative Investing?

Midareff, I think it is incorrect to consider market neutral QSPIX part of an equity allocation. It invests in four styles across at least four asset classes. The styles are value, Momentum, carry, defensive. And the asset classes are equities, bonds, commodities, currencies I think. The styles wit...
by midareff
Sat Nov 18, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: Morningstar - AQR: The Vanguard of Alternative Investing?
Replies: 48
Views: 3087

Re: Morningstar - AQR: The Vanguard of Alternative Investing?

Being first in category (QSPIX) is great except when that means you have considerably under performed the S&P500 Index. That is like complaining total bond market has considerably underperformed the S&P 500. It is a true statement but it ignore the reasons why you by bonds and the like instead of t...
by midareff
Sat Nov 18, 2017 4:54 pm
Forum: Personal Consumer Issues
Topic: Suggestions for 1st week vacation in 2018?
Replies: 21
Views: 1224

Re: Suggestions for 1st week vacation in 2018?

Check carefully what the demand is for airlines flying on December 31 or January. I've had flights cancelled on both dates due to lack of demand. Granted I was on multi-stopover long flights to South Africa. and spending a lost week in Joe-berg would not be fun. Actually I spend most of my time in ...
by midareff
Sat Nov 18, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation and SS Income
Replies: 8
Views: 1038

Re: Asset Allocation and SS Income

frederickj wrote:
Fri Nov 17, 2017 4:40 pm
should pensions and SS income always be considered bonds when making an asset allocation
and is there a useful formula for computing the value

thank you
NO, they are income streams, nothing more. Your asset allocation is equities, bonds, CD's and bank cash if you choose to include that.
by midareff
Sat Nov 18, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: Morningstar - AQR: The Vanguard of Alternative Investing?
Replies: 48
Views: 3087

Re: Morningstar - AQR: The Vanguard of Alternative Investing?

John Rekenthaler has a nice article on AQR's success up at Morningstar. http://beta.morningstar.com/articles/837417/aqr-the-vanguard-of-alternative-investing.html AQR won the old-fashioned way: Its funds beat everybody else's. AQR Long-Short Equity (QLEIX) finished first in its category. AQR Equity...
by midareff
Sat Nov 18, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 13
Views: 684

Re: Any of you trade just a little as a hobby?

I moved on from that "game" about the same time I moved on from the Motley Fool, some 20 years ago. On occasion I do play with sector funds in my Roth but have now convincingly proven being lucky is better than being smart, so I may have to go mainstream with Total US and Total Int in there soon.
by midareff
Sat Nov 18, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 117
Views: 7645

Re: Is holding bonds now dangerous?

Nobody knows... I agree that the markets are hard/impossible to predict. But with interest rates at zero, there is only one way for interest rates to go. And bonds have an extremely simple relationship with interest rates. Rates go up, bonds go down in value, and vice versa. This isn't about making...
by midareff
Sat Nov 18, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: To buy or not to buy tax-exempt bonds?
Replies: 6
Views: 676

Re: To buy or not to buy tax-exempt bonds?

You might want to think about your asset allocation being maintained inside accounts as well as across the board although with 20 years to go it's significance is not as critical IMHO. Vanguard's Intermediate Term Tax-Exempt Fund is excellent and there are a few others of high quality as well. While...
by midareff
Sat Nov 18, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 42
Views: 2863

Re: Current precarious equity environment for a retiree

I would suggest you revisit your asset allocation %'s if you are getting nervous about market behavior. I retired 6 years ago with a smidgen over my minimum number and as the market progressed it took almost yearly re-balancing from equities to bonds to retain my desire to SWAN. My last rebalance w...
by midareff
Sat Nov 18, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: What to do with 360k for an old man
Replies: 30
Views: 2879

Re: What to do with 360k for an old man

Whatever grandpa wants and makes him happy. :D Yup...... the family taking such an active interest in Grampa's stash seems a bit self serving FWIW, although about $325K in IT Tax-Ex would pay him about $700- $725 a month in tax free income and leave about $25K - $35K which could be in a 1.25% Ally ...
by midareff
Sat Nov 18, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Suggestions for 1st week vacation in 2018?
Replies: 21
Views: 1224

Re: Suggestions for 1st week vacation in 2018?

Lynette wrote:
Sat Nov 18, 2017 10:27 am
Check carefully what the demand is for airlines flying on December 31 or January. I've had flights cancelled on both dates due to lack of demand. Granted I was on multi-stopover long flights to South Africa.
and spending a lost week in Joe-berg would not be fun.
by midareff
Sat Nov 18, 2017 10:36 am
Forum: Personal Consumer Issues
Topic: Suggestions for 1st week vacation in 2018?
Replies: 21
Views: 1224

Re: Suggestions for 1st week vacation in 2018?

week on a cruise ship out of almost any southern port to destinations you find interesting.
by midareff
Sat Nov 18, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 42
Views: 2863

Re: Current precarious equity environment for a retiree

I would suggest you revisit your asset allocation %'s if you are getting nervous about market behavior. I retired 6 years ago with a smidgen over my minimum number and as the market progressed it took almost yearly re-balancing from equities to bonds to retain my desire to SWAN. My last rebalance wa...
by midareff
Sat Nov 18, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Volunteer to be laid off?
Replies: 34
Views: 2547

Re: Volunteer to be laid off?

My former employer went through some trying times and cut wages as well as meaningful layoffs for a few months. I had about 18 months left until my planned but unknown to them retirement. I offered to take a layoff with the accompanying frills and they laughed at me. I retired on my schedule 18 mont...
by midareff
Sat Nov 18, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: RMD account
Replies: 16
Views: 1251

Re: RMD account

Hitting your RMD to the exact dollar is challenging unless you distribute some cash since mutual fund values change every day, and specific securities change value constantly. You cannot be sure exactly when the distribution will be processed and the value recorded, and therefore there will likely ...
by midareff
Sat Nov 18, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: RMD account
Replies: 16
Views: 1251

Re: RMD account

midareff..... Thanks for the reply. I'm using apportion of the RMD for expenses. The rest for future expenses or to give to the kids. In that case I think I would keep taxable real simple.... S&P500 Index (or Total Stock Market) and the Intermediate Term Tax-Exempt Bond Fund, in whatever percentage...
by midareff
Fri Nov 17, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: RMD account
Replies: 16
Views: 1251

Re: RMD account

I am 70yrs and spouse is 66yrs. We both collect SS, have no pension plan or earned income. Expenses are $65,000/yr and income is $51,182/yr and no debt. RMD is ~$54,000 for year ending 2017. We will use a portion of the RMD to cover expenses. The remainder will be invested in a taxable account. Our...
by midareff
Fri Nov 17, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Spending Taxable to Zero during Retirement
Replies: 26
Views: 2551

Re: Spending Taxable to Zero during Retirement

Retired 6 years (time flew bye) and turn 70 next month so will start RMD on a monthly basis in January. Have done Roth conversions the last 4 years and presently draw from Roth and taxable, next year it will be all three plus my pension and SS. Will not burn anything to zero as I have a younger wife.
by midareff
Fri Nov 17, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: St. Petersburg, FL visit: Rental car, tolls, SunPass questions
Replies: 16
Views: 581

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
Fri Nov 17, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: St. Petersburg, FL visit: Rental car, tolls, SunPass questions
Replies: 16
Views: 581

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 Until you get to the administrative fees, lookup fees, late penalty fees and such from not hav...
by midareff
Fri Nov 17, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Social Security younger Wife
Replies: 15
Views: 1617

Re: Social Security younger Wife

Very much same situation here with me 69 (until next month) and 54 wife. She has and will have no work experience here and I will have to live to at least January 2022 for her to be married ten years, which I believe is the minimum criteria for her SS spousal. I believe she only has to be married f...
by midareff
Fri Nov 17, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Social Security younger Wife
Replies: 15
Views: 1617

Re: Social Security younger Wife

Very much same situation here with me 69 (until next month) and 54 wife. She has and will have no work experience here and I will have to live to at least January 2022 for her to be married ten years, which I believe is the minimum criteria for her SS spousal.
by midareff
Fri Nov 17, 2017 8:12 am
Forum: Investing - Theory, News & General
Topic: An hour with David Swensen at Council of Foreign Relations
Replies: 14
Views: 1203

Re: An hour with David Swensen at Council of Foreign Relations

There is a transcript of the interview. Here is one of many great nuggets: "You know, I have never been a big fan of quantitative approaches to investment. And the fundamental reason is that I can’t understand what’s in the black box. And if I don’t know what’s in the black box, and there’s underpe...
by midareff
Thu Nov 16, 2017 3:02 pm
Forum: Personal Consumer Issues
Topic: Windows 10/Edge Conflicts
Replies: 12
Views: 833

Re: Windows 10/Edge Conflicts

I have in the past with earlier versions of Win. Win 10 now and run Firefox, Edge and IE as may be required. The only site I know of that was a bit flaky on Firefox was my condo maintenance company but I onlygo there once a year to set the years auto-pays, so this who knows?.
by midareff
Wed Nov 15, 2017 1:31 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 151
Views: 9945

Re: The 4% rule DOES fail but still makes sense!

There are soooo many ways to look at this. Is the 4% implemented for year one and then inflation adjusted to the annual $ amount yearly? Is the 4% implemented for year one and then inflation adjusted to the annual % amount yearly? Is the 4% implemented for year one and then re-calculated yearly for ...
by midareff
Mon Nov 13, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14405

Re: Why pay cash for a car?

Many car owners do not carry collision type coverage. Car finance companies usually require you to carry these additional coverages. One can avoid it by paying cash. Just because you can do something, doesn't necessarily mean that you should do something. When you have the possibility of a five fig...
by midareff
Mon Nov 13, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: Is the 4% SWR still valid because inflation is low despite low rates?
Replies: 5
Views: 628

Re: Is the 4% SWR still valid because inflation is low despite low rates?

The first huge unknown is how long will you, and your SO/DP/wife, live. Once you have determined that simple little fact you can more properly apply common sense to a SWR. I'll be 70 next month, have a younger wife to consider and was conservative, as well as having had some health issues my first f...
by midareff
Mon Nov 13, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14405

Re: Why pay cash for a car?

I can understand paying off a mortgage, because rates are higher than car loans. And you wouldnt take a new loan out to invest in the market now. I am saving cash for my next car purchse. But why? Car loans are cheap. My current car is paid off and i like being debt free. Is that the best method? P...
by midareff
Mon Nov 13, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Policy Statement (RPS) -- Is anyone else using one?
Replies: 12
Views: 1155

Re: Retirement Policy Statement (RPS) -- Is anyone else using one?

Mine was an excel spreadsheet with annual projected investment savings, projected pension, projected SS and more., year by year. Started it about 15 years prior to retirement so near twenty years ago.
by midareff
Mon Nov 13, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3227

Re: What's your weighted average expense ratio?

It's .14% due to some Fidelity Sector Funds I play with in a Roth which are up about 40% YTD..
by midareff
Sun Nov 12, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: AA: Should I List Junk Bond Fund Under Stocks or Bonds?
Replies: 12
Views: 727

Re: AA: Should I List Junk Bond Fund Under Stocks or Bonds?

I consider VG's HY Bond Fund to be 30% equity when figuring AA, I also use 20% for the IT Corporate Index and 10% for the ST Corporate Index.
by midareff
Sun Nov 12, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: What Credit Card is good for me?
Replies: 19
Views: 1273

Re: What Credit Card is good for me?

Hi all, I currently have Chase Freedom credit card - get 1% cash back on all purchases, and I believe 5% back on quarterly selected categories/vendors. I have had this for years (decades?). I charge pretty much everything to that, and pay off the bill every month. Don't eat out much, or travel much...