Search found 5836 matches

by midareff
Thu Jan 17, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Have I Now Become Out of Touch Financially? Aging question...
Replies: 70
Views: 6993

Re: Have I Now Become Out of Touch Financially? Aging question...

HAL 9000 wrote:
Wed Jan 16, 2019 9:26 pm
The Fed might say inflation is around 2%, but here in Colorado, I'd say the price of Everything [excluding gas/energy and TVs] has doubled over the last 8 years, so what's that? 9%/yr
Not to mention my yardstick...... how much is the already cooked ready to eat chicken?
by midareff
Tue Jan 15, 2019 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Retiree seeking FI opinions of other retirees....
Replies: 1
Views: 407

Retiree seeking FI opinions of other retirees....

Retired 7 years and 71 y/o. Asset allocation is identical (for all practical purposes) in both IRS and taxable @ roughly 45% equities and the balance FI which constitutes bonds in my IRA and both bonds and (Ally) CD's in taxable. Pension and SS can pay the bills sans all luxuries and travel. Wife is...
by midareff
Mon Jan 14, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Money Market Account - tell me about your experience
Replies: 15
Views: 1321

Re: Ally Money Market Account - tell me about your experience

Great experience with Ally since 2015. Checking, Savings, CDs and MM. Use savings which pays 2% along with checking.
by midareff
Sun Jan 13, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: 15 full days in Costa Rica
Replies: 25
Views: 1828

Re: 15 full days in Costa Rica

About 2 or so years ago we did a Costa Rica Tour with a company named Caravan. They did a great job and arranged everything and had a full time guide. If you are interested the memories are here: https://www.martindareff.com/Internatio ... -Paradise/
by midareff
Sun Jan 13, 2019 9:13 am
Forum: Investing - Theory, News & General
Topic: Opinion: Half of investment-grade bonds are only one step away from junk status
Replies: 23
Views: 2391

Re: Opinion: Half of investment-grade bonds are only one step away from junk status

and half of my wife's eggs (when she had them) were one step away from baby status. It's an index of investment grade corporate intermediate term bonds... are you saying it isn't?.
by midareff
Sun Jan 13, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Any thoughts on the role of Gold in your portfolio?
Replies: 92
Views: 5036

Re: Any thoughts on the role of Gold in your portfolio?

The purpose of gold in my portfolio is to not be in it. Gold is something you wear and is called jewelry, not investments.
by midareff
Sat Jan 12, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 78
Views: 3679

Re: Duffel Bag vs Wheeled Stand Up traveling

We travel abroad and back 4 to 6 times a year if not more. We both check and carry on. Have not seen any signs of this having any increasing usage at all. There was a trend to hard case for awhile but traditional luggage seems to be as in as it ever was. Since our travels are 2 weeks at a time plus ...
by midareff
Fri Jan 11, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5242

Re: BHers, what is your Roth IRA %?

Roughly 7% ..... I was maxing my Deferred Comp IRA for many years and a little lean on excess taxable funds to contribute.
by midareff
Thu Jan 10, 2019 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Monthly RMD from VG
Replies: 10
Views: 896

Re: Monthly RMD from VG

Have just moved to all index investing and am curious as to whether my RMD for 2019 should come from the 60% bond portion, from the 40% equity side, or should it balanced as well? I am a newbie to the forum and am open to suggestions! I started my RMD in January 2018 so this is year two for me. I m...
by midareff
Thu Jan 10, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: AQR Cuts Staff After a Bad Year (39 out of 41 funds down)
Replies: 31
Views: 2614

Re: AQR Cuts Staff After a Bad Year

AQR’s U.S. mutual funds had outflows of $5 billion in the first 11 months of 2018, according to data from Morningstar Inc. Must be people who missed the part about sticking with a factor or alternative strategy through 10 or 20 years of under-performance. Probably thought they could make a quick bu...
by midareff
Thu Jan 10, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: 5 days. What to do in Las Vegas and Grand Canyon
Replies: 48
Views: 2592

Re: 5 days. What to do in Las Vegas and Grand Canyon

I'd fly into Vegas and rent a car there. Grand Canyon is about a 6 hour drive. Definitely make reservations where you can, which can be cancelled. About ten days in advance of arrival the National Park Service (unknown if shutdown effects this) puts the in park cancellations up on the web. It's much...
by midareff
Sun Dec 16, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Possible Recession and a Retiree's postulation?
Replies: 20
Views: 2102

Re: Possible Recession and a Retiree's postulation?

tibbitts wrote:
Sun Dec 16, 2018 1:36 pm
Pension from a well funded state
There's a well-funded state? In the U.S.?
I guess you haven't Googled for that....
by midareff
Sun Dec 16, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Possible Recession and a Retiree's postulation?
Replies: 20
Views: 2102

Re: Possible Recession and a Retiree's postulation?

Let's assume (always dangerous) that stocks and equity funds take a major hit both domestic and international...... I suspect dividends for those of us only taking dividends and not selling equities will remain, for the most part, unchanged in a taxable portfolio... +/- 10%. Effect on a 40/60 IRA p...
by midareff
Sun Dec 16, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Possible Recession and a Retiree's postulation?
Replies: 20
Views: 2102

Re: Possible Recession and a Retiree's postulation?

Midareff: If withdrawals from retirement funds are from equities, and you want to retain the stock/bond ratio, putting the proceeds in non-taxable items reduces that ratio, and/or requires moves in your retirement accounts if one has chosen to have bonds there which is not advised. As you say, ther...
by midareff
Sun Dec 16, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Possible Recession and a Retiree's postulation?
Replies: 20
Views: 2102

Re: Possible Recession and a Retiree's postulation?

One addition to the comment about people who take a 2% withdrawal from their portfolio being "fine" is there are people of MRD age who are obligated to take more than 2% from their portfolio annually. If they have other sources of income, they are in fine shape at the time of withdrawal, but those ...
by midareff
Sun Dec 16, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Possible Recession and a Retiree's postulation?
Replies: 20
Views: 2102

Re: Possible Recession and a Retiree's postulation?

OP here... all good stuff and thanks for the input. OTOH, a good strong recession can present a "wealth" of opportunity for those with some liquidity. As an example.. thinking of moving to a location that may be more congenial to your retired status? I'm sure the new residential price got cheaper as...
by midareff
Sat Dec 15, 2018 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Possible Recession and a Retiree's postulation?
Replies: 20
Views: 2102

Possible Recession and a Retiree's postulation?

Let's assume (always dangerous) that stocks and equity funds take a major hit both domestic and international...... I suspect dividends for those of us only taking dividends and not selling equities will remain, for the most part, unchanged in a taxable portfolio... +/- 10%. Effect on a 40/60 IRA po...
by midareff
Wed Dec 12, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: NEW CAR anyone w/ experience buying police, SSV or taxi package?
Replies: 19
Views: 2128

Re: NEW CAR anyone w/ experience buying police, SSV or tax package?

My 1994 Taurus has lasted this long because I added heavy duty line items from the police package. Seems you cannot do this anymore (?). But I can't get critical parts anymore, so I'm forced to go shopping. So I have found the "fleet sales" websites for Ford & Chevy & Chrysler. But I have the impre...
by midareff
Tue Dec 11, 2018 8:38 am
Forum: Personal Consumer Issues
Topic: Certified Used BMW, Audi or Mercedes
Replies: 101
Views: 11232

Re: Certified Used BMW, Audi or Mercedes

I am surprised Rover isn't at the very bottom. Lol. My neighbor has one. I think they are personal friends with the tow truck driver by now. Used to be said they liked to mark their territory by leaking oil all over it. Also FWIW, bought a new MB C350 and kept it 5.5 years and traded for a new 2018...
by midareff
Mon Dec 10, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1026
Views: 109863

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

Currently bingin Person of Interest... 5 or 6 episodes from wrapping up Season 2
by midareff
Mon Dec 10, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Concerned about asset allocation
Replies: 4
Views: 464

Re: Concerned about asset allocation

As the saying goes.. "Nobody knows nothing." Whether we are at, or near a peak, or if it is passed, we will only know in the rear view mirror some time from now. Your need, ability and willingness to take risk are paramount. I suspect most would say that investing conservatively would have you at yo...
by midareff
Mon Dec 10, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7938

Re: To each his own ( I guess )

I'm interested in how others view travel, particularly in retirement. We've seen a lot of scenery over the decades, mostly in the U.S.. At this point my wife is really only interested in travel that includes kids and grandkids. We do have a trip planned to Washington D.C. with kids/grandkids to see...
by midareff
Thu Dec 06, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a point to a Taxable Acount?
Replies: 25
Views: 1953

Re: Is there a point to a Taxable Acount?

Hey all, Currently 28, maxing out my Roth IRA for 4 years now. Any extra money I have has been put into a Vanguard Taxable account of the US Total Market (85%) and International market (15%). I currently have 50k put into the taxable account. My question is, is there a point to this? Im looking to ...
by midareff
Thu Dec 06, 2018 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 375
Views: 22337

Re: What are others paying for property taxes around the US?

After purchase and with Florida Homestead Exemption it was about $5800 for a 1400 sq. ft. 2/2 waterfront condo. When the 2007/2008 crash occurred property values were revised to lower taxes. It dropped to pennies under $3600 annually less 4% for November payment, 3% December, etc..
by midareff
Thu Dec 06, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: What Now?
Replies: 11
Views: 1210

Re: What Now?

I'll be 71 this month so I'm not that far behind you. About 43% equities, 45% bonds and balance in CD's and bank cash @ 2% and greater interest. Portfolio still a couple of dollars positive for the year through today. It's a market, it goes up and it goes down. It has really bad days and bad years a...
by midareff
Thu Dec 06, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: Problem with Medical Equipment Vendor: Insurance Issues
Replies: 9
Views: 1160

Re: Problem with Medical Equipment Vendor: Insurance Issues

#1. I would login to my Medicare account and see if a claim was; a) ever filed b) denied and the reason for the denial. #2. If the equipment is a covered item and the claim was denied I would call to speak with Medicare and ask specifically why. I have had a couple of denials in the six years I have...
by midareff
Thu Dec 06, 2018 7:46 am
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 12998

Re: Who else is getting excited?

Yawn..... A little positive side of zero for the year. Not very exciting (in my book) as a retiree. Birthday this month, seems Decembers are coming faster than they used too. ... that's not very exciting either. Leaving for a three week cruise soon, that's exciting.
by midareff
Wed Dec 05, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2428

Re: Looking for a nice travel watch... recommendations?

Rolex or omega is the perfect travel watch, so you’re already covere. I would think twice to wear any luxury brand while travelling to developing countries. I don't want to become a target for thieves. Aren't you a target for thieves simply by being a tourist or obvious foreigner though? Not as muc...
by midareff
Wed Dec 05, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2428

Re: Looking for a nice travel watch... recommendations?

I travel a lot and would never wear an expensive watch. I've heard too many horror stories about theft. Why would you want to risk yourself and/or others getting hurt in a robbery? I recommend keeping your purchase less than $200 so if you lose it you won't cry. I like my Timex Ironman and wear it ...
by midareff
Wed Dec 05, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2428

Re: Looking for a nice travel watch... recommendations?

Hamiltons are nice - not too blingy, not too expensive. And they come with straps or bracelets. My DH has a Hamilton, and also has a Raymond Weil watch that was ~ $1k, and is lovely. I had a Raymond Weil also..... also about 20 years + old which a new battery did not bring to life. It's somewhere i...
by midareff
Tue Dec 04, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Car Negotiation on MSRP?
Replies: 26
Views: 2299

Re: Car Negotiation on MSRP?

Hi, I have been negotiating with the dealer on the car's MSRP. I am asking MSRP = OTD (including tax, registration, docs, ..bla bla); Meaning, I will pay MSRP as car's Out-to-Door Price. Dealer is saying that is not possible since it takes it below their cost; which I think is [(removed) --admin La...
by midareff
Tue Dec 04, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2428

Looking for a nice travel watch... recommendations?

A little background.. I have a nice dress watch home, a Rolex I bought 20 years ago and I don't travel outside the US with it. We cruise and do mostly foreign travel and I have a new $9 Black Plastic Casio I purchased recently when my last travel watch died. While this is adequate for ground excursi...
by midareff
Mon Dec 03, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Ally CC Offer
Replies: 35
Views: 3517

Re: Ally CC Offer

I qualified for an AmEx 100k point bonus on 5k (rare bird) which will be 25% of 5k down the road when I dump it into Schwab for 1.25 multiplier. Question: can you get bonuses for both regular AmEx Platinum and Schwab AmEx Platinum? Yes. Hopefully it stays like that for a year or two so I can make a...
by midareff
Mon Dec 03, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 14542

Re: Retirement itch- when did you get it?

@ 57... the countdown clock started then.
by midareff
Sun Dec 02, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Ally CC Offer
Replies: 35
Views: 3517

Re: Ally CC Offer

UpperNwGuy wrote:
Sat Dec 01, 2018 5:18 pm
Don't get the Ally credit card. The rewards are not competitive. Get a 2% card from Citi, Fidelity, PenFed, or Alliant.
So, a 20% reward isn't competitive?
by midareff
Sun Dec 02, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Rules of thumb for allocation/exposure
Replies: 29
Views: 2266

Re: Rules of thumb for allocation/exposure

The problem with Rules of Thumb is they all make some kind of sense in a general manner. Graham wrote no less than 25/75 and no more than 75/25. Bogle and others have suggested your age in bonds. Everyone's situation is different. Do you have a pension, annuity, etc., that puts or establishes an inc...
by midareff
Sat Dec 01, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: "The Steak Dinner Annuity Pitch"
Replies: 68
Views: 7810

Re: "The Steak Dinner Annuity Pitch"

I've gone to 2 of these dinners. At the first I asked what was for dinner and they said Chicken so Idecided not to stay... at the second it was a good meal, a nonsense presentation and a closing pitch, to which I am immune. A rep called the next day to schedule an appointment and I asked why she tho...
by midareff
Sat Dec 01, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Ally CC Offer
Replies: 35
Views: 3517

Re: Ally CC Offer

Unfortunately for Ally, there is no reason to get their card considering citi double cash and fidelity cards. They should consider 2.5% cash back on everything if paid into an Ally bank account. The point is the $100 back on $500, not the ongoing. That's 20% cash back and then it gets retired. The ...
by midareff
Sat Dec 01, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Ally CC Offer
Replies: 35
Views: 3517

Re: Ally CC Offer

TIAX wrote:
Fri Nov 30, 2018 6:32 pm
Unfortunately for Ally, there is no reason to get their card considering citi double cash and fidelity cards. They should consider 2.5% cash back on everything if paid into an Ally bank account.
The point is the $100 back on $500, not the ongoing. That's 20% cash back and then it gets retired.
by midareff
Fri Nov 30, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: United HealthCare
Replies: 27
Views: 2029

Re: United HealthCare

I have them as a Medicare Supplement and no issues for 5 years.
by midareff
Fri Nov 30, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Ally CC Offer
Replies: 35
Views: 3517

Ally CC Offer

Spend $500 in 90 days and you get $100. 2% gas ans groceries, rest @ 1%. 10% bonus if rewards go to an Ally account..
by midareff
Fri Nov 30, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads justify taking vacation?
Replies: 102
Views: 4620

Re: How do Bogleheads justify taking vacation?

It's really easy Andro.... at least for me. Can fellow Bogleheads and financially prudent people explain how do you justify taking vacation? I've adjusted your text a bit ....... So far I have come up with "reasons" for taking vacation, and I really can justify all of them. - I like to do "touristy"...
by midareff
Fri Nov 30, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 107
Views: 6095

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

Different people collect different things. I wouldn't wouldn't necessarily sell what you already have, but I'd turn my focus to funding your retirement from now on. I agree with Cheese.... spending years putting together a watch collection isn't different than spending years putting together a high...
by midareff
Wed Nov 28, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: NJ Pension - Purchasing Service Credit
Replies: 20
Views: 1439

Re: NJ Pension - Purchasing Service Credit

I think it also depends on the pension benefit. If your pension benefit is 100% salary, I would not pity that getting cut to 75% salary. But if your pension benefit is 50% salary and it gets cut to 40% salary, then that’s much worse in my opinion. Some states have ridiculous pension benefits (I don...
by midareff
Wed Nov 28, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Getting sued from an already settled car accident... 2 years later! Is this legal?
Replies: 44
Views: 7469

Re: Getting sued from an already settled car accident... 2 years later! Is this legal?

willthrill81 wrote:
Mon Nov 26, 2018 9:41 pm
stan1 wrote:
Mon Nov 26, 2018 9:04 pm
Contact your insurer and follow their directions.
I wouldn't make any additional posts admitting fault or anything else about the case.
:thumbsup
+12
by midareff
Tue Nov 27, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Best budget spreadsheet?
Replies: 17
Views: 1881

Re: Best budget spreadsheet?

It would take time, but building a spreadsheet would be the best. This is my opinion as well. You can customize it to your needs. Plenty of people here will tell you to use Mint or other similar programs/sites, but I am just not in favor of giving a third party all of my banking information. We tak...
by midareff
Tue Nov 27, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Pension - Purchasing Service Credit
Replies: 20
Views: 1439

Re: NJ Pension - Purchasing Service Credit

What is the funding ratio of the New Jersey pension system? You want to make certain that the plan is on solid footing. Just looked, according to Bloomberg their funding ratio is 30.9%, not good. Horrible in fact. Make sure you have substantial investments outside your pension. With such a bad fund...
by midareff
Tue Nov 27, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: NJ Pension - Purchasing Service Credit
Replies: 20
Views: 1439

Re: NJ Pension - Purchasing Service Credit

What is the funding ratio of the New Jersey pension system? You want to make certain that the plan is on solid footing. Just looked, according to Bloomberg their funding ratio is 30.9%, not good. Horrible in fact. Make sure you have substantial investments outside your pension. With such a bad fund...
by midareff
Tue Nov 27, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Upgrade Canon 60D to FF or new iPhone?
Replies: 50
Views: 2058

Re: Upgrade Canon 60D to FF or new iPhone?

My wife has a 60D that she likes but has always wanted a full frame camera. I haven’t done recent research but am guessing the body would be about a grand on the low end and another lens would be close to the same. Any recommendations? She doesn’t use a DSLR a ton, so getting an iPhone XS could be ...
by midareff
Tue Nov 27, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Bogleheads Greatest Hits
Replies: 27
Views: 3709

Re: Bogleheads Greatest Hits

BlackStrat wrote:
Tue Nov 27, 2018 10:14 am
"A bull market is like sex - it feels best right before it ends"

-author unknown
LOL +1000