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by midareff
Mon Dec 11, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 1408

Re: What cause BH fear about running out of saving though they have big size of asset?

There were times in my life I was really, really, poor. I remember them and will made dam sure they don't happen again.
by midareff
Sun Dec 10, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Forward looking expected returns and SD:your guess and reason
Replies: 6
Views: 488

Re: Forward looking expected returns and SD:your guess and reason

None of it is anything I concern myself about. What will be is what will be. A diversified portfolio covers all the bases, you just need to make sure you retire with enough.
by midareff
Sun Dec 10, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: How should I look at SS and pensions when developing my post-FRA AA?
Replies: 30
Views: 813

Re: How should I look at SS and pensions when developing my post-FRA AA?

IMHO they should be counted as a separate cash flow, as your WR $ from your portfolio is or will be, towards paying your monthly obligations and left overs for discretionary spending. I use a "Budget Book" which contains a column for monthly expenses, a column for monthly escrow or IRS Quarterly, pr...
by midareff
Sat Dec 09, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 150
Views: 9441

Re: Save all this money, what do you splurge on?

I know this goes against us living frugal however you also need to enjoy and live life a little. Would love to hear what you all "splurge" on. For me, it is cars. Probably the worst thing to splurge on as a depreciating asset, but toying around with cars and enjoying them is great. The current toy ...
by midareff
Fri Dec 08, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2737

Re: Do you have any guilty pleasure investments?

I play in my Roth which was <3% of portfolio and dabbled with EM, Healthcare, Tech, extended markets and other things, mostly Fidelity Sector Funds for awhile. The only think I have proved is being lucky is far better than being smart as it is now about 7% of total portfolio despite nearly a 5% tax...
by midareff
Fri Dec 08, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2737

Re: Do you have any guilty pleasure investments?

I play in my Roth which was <3% of portfolio and dabbled with EM, Healthcare, Tech, extended markets and other things, mostly Fidelity Sector Funds for awhile. The only think I have proved is being lucky is far better than being smart as it is now about 7% of total portfolio despite nearly a 5% tax ...
by midareff
Fri Dec 08, 2017 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Bond allocation in my taxable account - Help me
Replies: 17
Views: 388

Re: Bond allocation in my taxable account - Help me

FWIW, I have VWIUX (VG Intermediate Term Tax-Ex Bond Fund) as the only bond fund in my taxable account. VWIUX holds over 7000 bonds and is well diversified. In a high tax bracket I would not hold Total Bond and pay 33% tax on the distributions.
by midareff
Fri Dec 08, 2017 9:34 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 80
Views: 6970

Re: Jack Bogle Is Worried About U.S. Pensions

The pension crisis has been below the surface for well over a decade. At some point this is going to bubble up. Pensions are generally funded by portfolios of stocks, bonds and real estate. If you believe in reversion to the mean stocks and bonds are going to have significant headwinds going forwar...
by midareff
Fri Dec 08, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10239

Re: Price of haircut?

Started shaving my head in 1998 and started using a Whol on the goatee about then. The Whol still works and it was about $17.95, 19 years ago so a buck a year for it. I get about 20 head shaves to a blade @ 3 a week, so a buck a month more than covers it completely. I think we could call the whole t...
by midareff
Fri Dec 08, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: Extended warranty on 2018 Outback
Replies: 47
Views: 1514

Re: Extended warranty on 2018 Outback

No No No.....Never buy an extended warranty. Worked in the industry for a bit many years ago and we were always told to push these products. But if you are thinking about it that is a decent price. Having spent almost my entire career in the ground transportation business I'd add all they are is an...
by midareff
Thu Dec 07, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 1496

Re: Anyone mirror AA acorss multiple accounts ?

A mirror doesn't have to be exact. AA using Total US, Total International and bonds across IRA and taxable. In taxable I use Tax-Ex bond fund instead of a taxable bond fund.
by midareff
Thu Dec 07, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4111

Re: When Bitcoin blows-up

Obviously, NOT Bitcoin or any other similar "currency".
by midareff
Thu Dec 07, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: Does it look like a bubble to you?
Replies: 42
Views: 3532

Re: Does it look like a bubble to you?

Whether a bubble, a trend, a whatever... makes no diff.. I'm here for the duration and not interested in timing.
by midareff
Thu Dec 07, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 54
Views: 3385

Re: What did you do with your first RMD withdrawal money?

First is scheduled for 1/4/2018 and will be used to equally reduce the draw from taxable. It will go directly into an account I use to pay for travel.
by midareff
Thu Dec 07, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Firefox upgrade broke my add-on, switched to Waterfox
Replies: 28
Views: 3373

Re: Firefox upgrade broke my add-on, switched to Waterfox

inittowinit wrote:
Mon Nov 20, 2017 5:06 pm
I have noticed that LastPass' functionality is limited in the new Firefox. Frustrating.
Have not noticed that and use LastPass daily. FWIW, I thought Quantum was quite a bit quicker than the older fox.
by midareff
Wed Dec 06, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: A Trip to Russia
Replies: 77
Views: 3711

Re: A Trip to Russia

My wife and I plan on a trip to Russia (Moscow and St. Petersburg) next October. Probably fly into Moscow and out of St. Pete. Any recommendations from seasoned travelers would be appreciated. Yup..... wife and I did a Viking Riverboat from Moscow to Saint Petersburg last summer.. oops, summer of 2...
by midareff
Wed Dec 06, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: retirement strategy
Replies: 24
Views: 2639

Re: retirement strategy

...if the market corrects itself I won't have to withdraw funds that have gone down in value. If you just set your investments to not automatically reinvest the dividends then a 2% dividend, which is reasonable, would give you $44,000 a year so you should not have to actually sell any of your inves...
by midareff
Wed Dec 06, 2017 4:07 pm
Forum: Personal Consumer Issues
Topic: Least/Most Reliable Carmakers Today
Replies: 31
Views: 1898

Re: Least/Most Reliable Carmakers Today

I guess I'm not buying the numbers. Had two new Porsche convertible's that needed to go to the P dealer every 6-8 weeks for warranty repairs. Were they fun to drive.. hxll yes. Were they chick magnets . hxll yes. Would I have kept either of them one day after the warranty ran out.. hxll NO. My Benz ...
by midareff
Wed Dec 06, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 144
Views: 7641

Re: Do people still use AAA?

I still use them. I subscribe to the "plus" level for the increased 100 mile towing range (considering where we live and like to drive, hopefully we will never need it, but it's good to know it won't cost me an arm and a leg to get my vehicle back to a repair shop). We used AAA twice over the last ...
by midareff
Mon Dec 04, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Bond choices in multiple 401(k) accounts
Replies: 12
Views: 810

Re: Bond choices in multiple 401(k) accounts

The purpose of bond funds in accumulation are twofold. #1. It's your safe money in case of a detrimental event or series of events. #2. It's your rebalance money to buy stocks at a fire sale not in case, but when #1 happens. If all you hold in the former employer's account is bonds #2 can't happen a...
by midareff
Sun Dec 03, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: Buy Warranty for Bosch Appliances?
Replies: 15
Views: 888

Re: Buy Warranty for Bosch Appliances?

We're redoing our kitchen and are buying a set of Bosch appliances. Fridge, Electric Oven (induction), microwave and diswasher. The Fridge & Oven are the most expensive - about $2,800 a piece. They both come with a 1 year warranty and we have the option to buy an extended 5 year warranty for $440 a...
by midareff
Sun Dec 03, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefit
Replies: 23
Views: 2197

Re: Social Security Spousal Benefit

I am 31 and have a long time until Social Security will be on my mind, however my dad is 67 (68 in March) and my mom is 61 (62 in January) so they are right in this time frame. They recently met with Social Security about starting to receive benefits which has caused me to read up on the subject an...
by midareff
Sun Dec 03, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: The 4% rule, Firecalc and Human Nature
Replies: 86
Views: 5774

Re: The 4% rule, Firecalc and Human Nature

There is absolutely nothing certain in retirement planning other than a belief that at a certain level of savings you have enough, when it is melded with a cola'd pension and SS. First, we don't even know how long we, or we and SO or spouse will live. We don't know if even a top 10 funded pension pl...
by midareff
Sun Dec 03, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: Used Car Buying Help
Replies: 20
Views: 1369

Re: Used Car Buying Help

I think $19K is too expensive for a three year old car that was probably about $28K new, three years ago. I'd work on getting the best deal possible through buying services, credit unions and so forth and go new. At three years old you have maybe one year of warranty left vs. 4 for new, that's worth...
by midareff
Sun Dec 03, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3141

Re: Card declined - blocked country

Sounds like nonsense to me. If a country is blocked you should not be able to designate it as a country you are traveling too.
by midareff
Sun Dec 03, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11011

Re: After financial independence, do you lose motivation for work?

I didn't as it was of utmost importance to me to do the best and most thorough professional job possible, including an orderly hand-off of responsibilities and assignments to subordinates as the last day approached. I'd like to think none of it effected what I did or the effort I continued to exert.
by midareff
Sun Dec 03, 2017 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds in Taxable?
Replies: 10
Views: 680

Re: Index Funds in Taxable?

I would not do what you are doing either. Total US Market, Total Int Market and IT Tax-Exempt Bond Fund. So just to make sure I understand most of the sentiment so far, the Schwab Total Market is okay, but the LS fund is where the issue is? Yes, it would not seem prudent to generate any more taxabl...
by midareff
Sun Dec 03, 2017 8:33 am
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6545

Re: How to convince DW that high miles used car is OK

I believe the older the car, or the higher mileage it has the less dependable it is. When I was in my 20's or 30's I just pull the tools out of the trunk and get it to run again and get it home, or to the dealer. In my 50's I got AAA for the roadside assistance. In my 60's I put a cap on vehicle age...
by midareff
Sun Dec 03, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: A " Bond Tent" During the "Retirement Red Zone?"
Replies: 52
Views: 4581

Re: A " Bond Tent" During the "Retirement Red Zone?"

All interesting stuff when we don't know the markets performance for the next 5 or 10 years, and we are presently 8 years or so into a bull market. I'm more about a conservative AA that resembles Liability Matching than anything else. Six years retired with AA at 45/55 and a 4.3% draw. The 55 is fun...
by midareff
Sun Dec 03, 2017 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds in Taxable?
Replies: 10
Views: 680

Re: Index Funds in Taxable?

I would not do what you are doing either. Total US Market, Total Int Market and IT Tax-Exempt Bond Fund.
by midareff
Fri Dec 01, 2017 4:37 pm
Forum: Personal Consumer Issues
Topic: Should I consider a travel Credit Card?
Replies: 30
Views: 2110

Re: Should I consider a travel Credit Card?

I have a dedicated travel card as well as my normal every day card(s). Both are Fidelity 2% cash back Visa cards. One autopays to my regular checking account the other to an account I use to accumulate for and pay for travel. I would take 2% cash back before airline miles anytime. That said, we have...
by midareff
Fri Dec 01, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I include cash set aside for home purchase when computing asset allocation
Replies: 20
Views: 722

Re: Should I include cash set aside for home purchase when computing asset allocation

runner3081 wrote:
Fri Dec 01, 2017 12:48 pm
Yes, I would. Then, once the house is purchased adjust your AA.
Agreed......
by midareff
Fri Dec 01, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes in Retirement [ways to forecast]
Replies: 26
Views: 2216

Re: Taxes in Retirement [ways to forecast]

I use both H&R Block's forecaster and Turbo's Taxcaster and have for several years. I run them at the beginning of the year with my best estimates for the coming year for income (pension, SS, RMD, dividends, interest, etc.) and expenses (mortgage interest, property tax, guestimate medical, expected ...
by midareff
Fri Dec 01, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: How your FA, insurance agent, your community reacts when you show your financial knowledge?
Replies: 39
Views: 4539

Re: How your FA, insurance agent, your community reacts when you show your financial knowledge?

We were invited (again) to one of those fancy (Morton or Smith and W) steak dinners for a presentation and went. At the next day follow-up call the young lady asked what I thought. I told her I didn't see anything in the presentation that would lead me to believe they could generate sufficient alpha...
by midareff
Thu Nov 30, 2017 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 15956

Re: Anyone tired of the stock market going up?

I suspect it will be more tiring when it stops.
by midareff
Wed Nov 29, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: Fido broken?
Replies: 20
Views: 1155

Re: Fido broken?

Yup....
by midareff
Wed Nov 29, 2017 8:13 am
Forum: Personal Consumer Issues
Topic: Anyone have a Sony RX10?
Replies: 4
Views: 404

Re: Anyone have a Sony RX10?

I'd skip the filters Sandtrap recommended (I don't think the RX10 line has threaded barrels to accept them anyway). If it does B+W UV Pro is the cream of the crop filter wise. Best way to learn if start the manual and go page by page changing the settings and think about whether you would ever use t...
by midareff
Wed Nov 29, 2017 8:07 am
Forum: Investing - Theory, News & General
Topic: Is it 1996 yet?
Replies: 21
Views: 2491

Re: Is it 1996 yet?

Toons wrote:
Wed Nov 29, 2017 7:02 am
50/50(or 60/40)
Sleep Well



:happy
This is more in my camp but I'll be 70 in a few weeks and am re-balancing more towards very low 40s/high 50's. 4 me at that AA a(nother) lost decade won't matter.
by midareff
Tue Nov 28, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: Luggage Update for Travel
Replies: 73
Views: 3925

Re: Luggage Update for Travel

Have had great experience with www.ebags.com . They have a section where they explain all the differences in materials thoroughly. Bought some luggage from them for extended trips (>9 days) which has held up very well over 8 or 9 trips now being checked. I think it was Timberland branded but its the...
by midareff
Mon Nov 27, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 134
Views: 8599

Re: Analysis Paralysis: Can you get to the bottom of things?

Sandtrap wrote:
Sat Nov 25, 2017 4:50 pm
A...There’s no gain in complexity.
C...You are market timing.

Option B
3-4 Fund or Balanced Funds (Target or fund of funds, etc) applies to a variety of asset sizes.
Simplicity, low cost, stay the course, etc.
Have you formulated an IPS yet?
J🤓
Yup.. +1
by midareff
Mon Nov 27, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Safest roomy luxury suv?
Replies: 58
Views: 5057

Re: Safest roomy luxury suv?

We recently looked at this and the winner for us was the Mercedes GLE/GLS. It has consistently high ratings across IIHS and NHTSA testing and also has exceedingly low driver fatality data as reported by IIHS. We also looked at Volvo XC90 but IIHS gives it only marginal headlight rating. In terms of...
by midareff
Sun Nov 26, 2017 11:24 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 97
Views: 9849

Re: Buying and Spending Bitcoin

I will be 70 next month and am proceeding under the assumption that cash and credit cards.. as in traditional plastic and USA folding money, will still be used in my lifetime. What does greatly concern me is the (perceived) speculative frenzy surrounding these instruments and what generally happens ...
by midareff
Fri Nov 24, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 15956

Re: Anyone tired of the stock market going up?

I feel like the lack of volatility is lulling investors into believing that the stock market is "safe". Some investors, maybe. I feel like we are sitting on a powder keg that will eventually blow up. Still, I am staying the course in accordance with my plan. A correction to either the mean or media...
by midareff
Fri Nov 24, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 213
Views: 15956

Re: Anyone tired of the stock market going up?

Have become quite skeptical myself with the Shiller >31.5 as of late. Start my RMD next year which is right around the corner and have been realigning things for simplicity and re-balancing my AA to the more conservative state it was at the beginning of the year, and across accounts. It feels like a...
by midareff
Tue Nov 21, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: modest credit card churn strategy (American Airlines)
Replies: 2
Views: 485

Re: modest credit card churn strategy (American Airlines)

Hi, I am considering the following credit card churn strategy, with the goals being to maintain the American Airlines perks (free checked bag); mileage bonus for signing up; and avoiding the $95 fee. I don't use my AAdvantage card for anything other than these perks--I use cash rewards credit cards...
by midareff
Tue Nov 21, 2017 2:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: South Florida Local Chapter
Replies: 265
Views: 44045

Re: South Florida Local Chapter

Hi Miriam and Happy Thanksgiving.. we are in.
by midareff
Tue Nov 21, 2017 7:58 am
Forum: Personal Consumer Issues
Topic: New car buyers...you should consider financing
Replies: 39
Views: 3243

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: 1347

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: 43
Views: 2038

Re: Recommend a daily driver

Used Jeep