Search found 4747 matches

by midareff
Tue Aug 08, 2017 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Question on 3-4% drawdown for retirement
Replies: 47
Views: 2773

Re: Question on 3-4% drawdown for retirement

Withdrawing only dividends will give you a portfolio that should grow over time, year to year fluctuations aside. The issue with 4% today, as I see it, is back when Bengen did his study and 4% was a good number, 5 year Treasuries were historically paying 5.1% and inflation was at 3%, for a 2.1% real...
by midareff
Tue Aug 08, 2017 6:44 am
Forum: Personal Consumer Issues
Topic: Las Vegas Slot Machine Strategy (maximize entertainment value)
Replies: 31
Views: 2275

Re: Las Vegas Slot Machine Strategy (maximize entertainment value)

I'm posting this in the Personal Consumer Issues (how we spend our money) because I consider playing the slot machine to be consumptive entertainment, not a practical way to make your assets grow. I'm curious for suggestions on how to get the most bang for my slot machine buck. Basically, I have fo...
by midareff
Mon Aug 07, 2017 10:36 am
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 124
Views: 11367

Re: Replace car battery after X years or wait till it dies?

I'd check with the Service Advisors at your local dealership. They would have a good idea about when they fail.
by midareff
Mon Aug 07, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Acadia National Park: Bar Harbor, Maine
Replies: 28
Views: 2339

Re: Acadia National Park: Bar Harbor, Maine

Hello Everyone, If you have had experience visiting Bar Harbor, Maine and the Acadia National Park, I would greatly appreciate your recommendations on hotels, restaurants and tours. I have recently joined my wife in retirement and looking to begin visiting National Parks beginning with Acadia. We a...
by midareff
Mon Aug 07, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Filing for Bankruptcy - Medical Costs
Replies: 2
Views: 590

Re: Filing for Bankruptcy - Medical Costs

In my readings neither Chapter 7 or 13 allow an individual to escape legit bills (medical or otherwise) which they have the assets to pay, but choose not to. Concealing those assets is in itself a crime. Bankruptcy fraud is a white-collar crime that commonly takes four general forms: A debtor concea...
by midareff
Mon Aug 07, 2017 6:43 am
Forum: Investing - Theory, News & General
Topic: Greenspan: Look Out When Bonds Pop
Replies: 58
Views: 8135

Re: Greenspan: Look Out When Bonds Pop

I don't see a lot of advice on this forum recommending Vanguard's Long Term Corporate Bond ETF. Perhaps I should rethink my investment in that fund and move to Intermediate Term Corporate ETF for some of my asset allocation. I seem to recall Larry writing that 20-25 bps per year of duration was his...
by midareff
Sun Aug 06, 2017 7:11 am
Forum: Personal Consumer Issues
Topic: knee replacement and air travel screening
Replies: 11
Views: 1174

Re: knee replacement and air travel screening

We have Global Entry and have always received TSA pre-check clearance when we travel. Our next trip is the first since knee replacement surgery. How does it work with a new knee? We've heard anecdotes but would love to hear actual experiences so we know what to expect. Are we back in the non-pre-ch...
by midareff
Sat Aug 05, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: Greenspan: Look Out When Bonds Pop
Replies: 58
Views: 8135

Re: Greenspan: Look Out When Bonds Pop

I don't see a lot of advice on this forum recommending Vanguard's Long Term Corporate Bond ETF. Perhaps I should rethink my investment in that fund and move to Intermediate Term Corporate ETF for some of my asset allocation. I seem to recall Larry writing that 20-25 bps per year of duration was his...
by midareff
Sat Aug 05, 2017 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Piñata
Replies: 27
Views: 2975

Re: Bond Fund Piñata

Midareff, You reminded about about this M* tool, which I had not looked at in a long time. More to your point, which I believe is that bonds funds in the last year have lost value, beyond their yield. Is that not what one would expect in a rising interest rate environment? I have never been a big p...
by midareff
Fri Aug 04, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: The Rise From 7,000 to 22,000
Replies: 49
Views: 6391

Re: The Rise From 7,000 to 22,000

There's no doubt that anyone who hung on from 2009 forward is sitting pretty. But I keep wondering how many people on this forum are still buying at current prices (especially through voluntary purchases, as opposed to automated payroll contributions) and how many have been wary by the constant set...
by midareff
Fri Aug 04, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: Short vs. Intermediate bond backtest
Replies: 40
Views: 2481

Re: Short vs. Intermediate bond backtest

LOL.. why would I be interested in the results of a 50 year back-test when I don't have anywhere near 50 years left to live?
by midareff
Fri Aug 04, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Greenspan says Bond 'bubble' about to burst
Replies: 12
Views: 863

Re: Greenspan says Bond 'bubble' about to burst

If you have carefully established your written investment plan and you are following it that would be one consideration. If you are re-balancing in accordance with your AA plan that is one thing, if you are thinking of timing the market by doing this that is another. There is a fresh set of talking ...
by midareff
Fri Aug 04, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund Piñata
Replies: 27
Views: 2975

Re: Bond Fund Piñata

Oh and before anyone asks the benefit of having so many bond funds, besides diversification being the only free lunch, this fixed income portfolio equally weighted has a yield north of 3%. Here is the list. There are lots of minor overlaps, am more concerned with any major overlaps that I can fix (...
by midareff
Wed Aug 02, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Will my older self thank me?
Replies: 38
Views: 3004

Re: Will my older self thank me?

Hello elder bogleheads. I'm currently 26, have 53k in a lazy 3 fund with a 90/10 stock to bond split. At age 26 I do have to say I'm proud of where I've come in terms of investing compared to my friends. I can afford to invest about 12-16k a year. Will my older self thank me in the future? If I can...
by midareff
Wed Aug 02, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Cabins - "investments" or "consumptive purchases"
Replies: 38
Views: 2868

Re: Cabins - "investments" or "consumptive purchases"

Last time I looked at mountain cabins in NC they told me the average ownership period was 3.7 years. That kinda told me folks change their minds quickly about spending time there and the wisdom of the initial purchase.
by midareff
Wed Aug 02, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: What do you do when you need access to money in an investment account?
Replies: 33
Views: 2803

Re: What do you do when you need access to money in an investment account?

Let's say you want to spend $50k on a new car, or pay for a full year of room & board, etc. and you actually have the funds in non-retirement accounts, what do you do to pay for it? Is there a clear priority to what to sell first? I'd imagine one would try to sell assets subject to LTCG as oppo...
by midareff
Tue Aug 01, 2017 9:15 am
Forum: Investing - Help with Personal Investments
Topic: 401k Rollover. Need advice
Replies: 9
Views: 495

Re: 401k Rollover. Need advice

Is there a reason you can't roll it to Vanguard? While I was still employed I would have loved to roll them all and get a free account and access to all of Vanguard's funds. I supposed I could. My previous employer had 401k through Fidelity and my new employer happens to have Fidelity too. I figure...
by midareff
Tue Aug 01, 2017 9:03 am
Forum: Personal Consumer Issues
Topic: Who's Responsible?
Replies: 23
Views: 1453

Re: Who's Responsible?

jbolden1517 wrote:How is it your problem? Amazon gave you your money back. Go buy another copy of the book.



That's my take on it as well.
by midareff
Tue Aug 01, 2017 9:00 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]
Replies: 63
Views: 4232

Re: [Fidelity Beats Vanguard on Total Expenses for 14 Index Mutual Funds]

Last time I looked @ fees I also looked at tracking errors to the index. There is more to index funds than a .01% or .02% fee change.
by midareff
Tue Aug 01, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: 401k Rollover. Need advice
Replies: 9
Views: 495

Re: 401k Rollover. Need advice

Is there a reason you can't roll it to Vanguard? While I was still employed I would have loved to roll them all and get a free account and access to all of Vanguard's funds.
by midareff
Tue Aug 01, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card options??
Replies: 18
Views: 1900

Re: Best credit card options??

We travel 1-2 times per year. Reward miles are nice, but mainly looking for the best cash back with lowest annual fee. I really liked the idea of signing up for Penfed Visa for gas and using Fidelity Visa for everything else. Just tried to sign up for Penfed Visa; looks like the 5% cash back for ga...
by midareff
Tue Aug 01, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: How to dispose of Sony Cybershot
Replies: 2
Views: 384

Re: How to dispose of Sony Cybershot

From a Google search.... How do I move pictures from internal memory to the memory card? Press the on-screen key button on the right side of the camera to display the touch panel buttons. The message "All data in internal memory will be copied Ready?" will appear on the LCD screen. To dele...
by midareff
Tue Aug 01, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: "Retrofit" NAV system for older car?
Replies: 19
Views: 1281

Re: "Retrofit" NAV system for older car?

livesoft wrote:Has your smart phone failed you?



Every commercial SUV, taxi and limo we get in is using a cell phone with a dash or windshield mount.
by midareff
Mon Jul 31, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Questions about prescribed sunglasses
Replies: 14
Views: 1063

Re: Questions about prescribed sunglasses

I use transitions.. they are clear inside and turn dark outside.
by midareff
Mon Jul 31, 2017 7:01 am
Forum: Personal Consumer Issues
Topic: What kind of cleaning service do you use?
Replies: 15
Views: 1558

Re: What kind of cleaning service do you use?

Every other week by a maid service. First service we tried was not good, this one is very good. They bring 2 or 3 cleaners and their own supplies and are done in about an hour and a half most times. They even dust the house plant leaves. 2br/2ba condo. $90 a clean.
by midareff
Sun Jul 30, 2017 8:22 am
Forum: Personal Consumer Issues
Topic: Buying Shoes
Replies: 12
Views: 1200

Re: Buying Shoes

I noticed the same with Sketchers. Retired now so leisure shoes is what I wear and for many years size and fit were consistently the same across their styles. Not any more ... return as many to Zappos as I keep, maybe more.
by midareff
Sun Jul 30, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Which Credit Card Companies Do You Like?
Replies: 57
Views: 4009

Re: Which Credit Card Companies Do You Like?

We use the Fidelity Visa. 2% cash back on everything. No ATM fees worldwide. Easy connection with our cash management account. Same and the AMEX Blue Preferred for 6% back on the first $6K of groceries and the PenFed 5% cash back on gas card, and this quarter the Discover 5% back on restaurants car...
by midareff
Sat Jul 29, 2017 5:52 pm
Forum: Personal Consumer Issues
Topic: What are your monthly expenses?
Replies: 59
Views: 5891

Re: What are your monthly expenses?

I'd give you ours but we are so far apart in life it would not be helpful as a guide to anything. I'm 69, retired and married. The more important thing is what is your savings rate? Similar here, 67 and retired. Over half of my net income after taxes seems to go to discretionary travel expenses. I ...
by midareff
Fri Jul 28, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 42
Views: 5476

Re: Vanguard Money Market vs. Savings Accounts

I am curious if many Bogleheads have a savings account? I have a checking and two savings accounts at Ally Bank. I use one of the savings accounts to escrow IRS Estimated Quarterly Payments, Property Taxes and car and condo insurance. The other is my travel/slush fund. Both savings accounts pay 1.1...
by midareff
Thu Jul 27, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: mutual fund dividends not being sent to bank
Replies: 5
Views: 550

Re: mutual fund dividends not being sent to bank

Now that we have brokerage accounts for our taxable funds, Vanguard did not send dividends from the mutual funds to our bank as requested. The dividends were placed in new Federal money market accounts. I have personally moved that money, now a month after the dividends were paid. Is this just a gl...
by midareff
Thu Jul 27, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: What is the portfolio role of a leveraged bond fund like PONDX?
Replies: 44
Views: 1722

Re: What is the portfolio role of a leveraged bond fund like PONDX?

So do mutual funds like this belong in portfolio "play money" or with non-core investments like high-yield bond funds, commodities, and REITs? Do you think it adds any diversification to a 3-fund portfolio? AFAIC... purely play money @ 5% or so of total. I've used my FIDO Roth as a play a...
by midareff
Thu Jul 27, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Why are they beating S/P? What am I missing?
Replies: 72
Views: 4241

Re: Why are they beating S/P? What am I missing?

Bill Mason at Legg Mason Value Trust beat the S&P for 17 straight years, a record, until he didn't and lost it all and more back. Bernard Madoff did pretty well over a long time period too, until his Ponzi scheme went bust and ALL was lost except for pennies on the dollar. Sometimes you get luc...
by midareff
Thu Jul 27, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Why are they beating S/P? What am I missing?
Replies: 72
Views: 4241

Re: Why are they beating S/P? What am I missing?

Bill Mason at Legg Mason Value Trust beat the S&P for 17 straight years, a record, until he didn't and lost it all and more back. Bernard Madoff did pretty well over a long time period too, until his Ponzi scheme went bust and ALL was lost except for pennies on the dollar. Sometimes you get luc...
by midareff
Thu Jul 27, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Why are they beating S/P? What am I missing?
Replies: 72
Views: 4241

Re: Why are they beating S/P? What am I missing?

Bill Mason at Legg Mason Value Trust beat the S&P for 17 straight years, a record, until he didn't and lost it all and more back. Bernard Madoff did pretty well over a long time period too, until his Ponzi scheme went bust and ALL was lost except for pennies on the dollar. Sometimes you get luck...
by midareff
Thu Jul 27, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 4988

Re: BMW Z3 or Z4 or nothing at all?

I don't disagree on that point! For pure sporting intentions, Miata > Boxster > 911, IMO. Refinement is another matter, but that usually is inversely proportional to sporty feel. Similarly, I've heard Corvette > M3. Keep in mind this is coming from a big German car fan. Gotta give credit where it's...
by midareff
Thu Jul 27, 2017 8:21 am
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 4988

Re: BMW Z3 or Z4 or nothing at all?

BMW guy here. That said... Miata Is Always The Answer. Right up until you drive a Boxster. I drove that and a 911. For pure sports car thrills, Miata beat them both hands down. While sporty thrills are one consideration there is comfort, convenience, ride, interior noise, fit, materials and finish,...
by midareff
Thu Jul 27, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 4988

Re: BMW Z3 or Z4 or nothing at all?

Incendiary wrote:BMW guy here.

That said...

Miata
Is
Always
The
Answer.



Right up until you drive a Boxster. :oops:
by midareff
Thu Jul 27, 2017 7:52 am
Forum: Personal Consumer Issues
Topic: Rewards Cards
Replies: 16
Views: 1527

Re: Rewards Cards

The "bait" that works for me is 50K - 60K miles, depending on the airlines requirement for domestic coast to coast for air (and the card must include priority boarding and free checked bag) for airline cards and $500 cash back for spending no more than $3K in 3 months for cash rewards. Aft...
by midareff
Thu Jul 27, 2017 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Should you wait until the due date to pay credit card balance?
Replies: 126
Views: 7881

Re: Should you wait until the due date to pay credit card balance?

All my cards... and I work the cash back cards, are set to auto-pay in full on the due date.
by midareff
Wed Jul 26, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Sturdy microSD card adapter
Replies: 1
Views: 136

Re: Sturdy microSD card adapter

I've never had an issue with the ones that come with the SanDisc micro cards.
by midareff
Wed Jul 26, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: Glacier National Park - where to stay
Replies: 29
Views: 2646

Re: Glacier National Park - where to stay

We just did it by cruise ship..... here's an image for you. http://www.martindareff.com/Travel-in-t ... /i-875m8wF
by midareff
Wed Jul 26, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Are bitcoins nonsense?
Replies: 73
Views: 4334

Re: Are bitcoins nonsense?

AFAIC, and I could easily be wrong.... bitcoins have no product, manufacture nothing, have no income from business operations and in all aspects I know about them fail to qualify as an investment. Speculation yes, investment no.
by midareff
Wed Jul 26, 2017 9:20 am
Forum: Personal Consumer Issues
Topic: Paypal Question
Replies: 9
Views: 717

Re: Paypal Question

I know this doesn't help OP, but for other folks in the future - I would never keep a balance of any kind in my PayPal account and I would certainly not deposit funds from a prepaid card into it. PayPal's history of arbitrary account freezing, their lack of a reasonable appeal process and their ove...
by midareff
Wed Jul 26, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: What are your monthly expenses?
Replies: 59
Views: 5891

Re: What are your monthly expenses?

The more important thing is what is your savings rate? Over 50% but with my expenses being so high, I'm still not satisfied. *Note* I live rent free, no debt, car payed for. What I did much earlier in life was establish a long range plan which would lead to a comfortable retirement. Going back some...
by midareff
Wed Jul 26, 2017 9:15 am
Forum: Personal Consumer Issues
Topic: What are your monthly expenses?
Replies: 59
Views: 5891

Re: What are your monthly expenses?

The more important thing is what is your savings rate? Over 50% but with my expenses being so high, I'm still not satisfied. *Note* I live rent free, no debt, car payed for. What I did much earlier in life was establish a long range plan which would lead to a comfortable retirement. Going back some...
by midareff
Wed Jul 26, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: What are your monthly expenses?
Replies: 59
Views: 5891

Re: What are your monthly expenses?

I'd give you ours but we are so far apart in life it would not be helpful as a guide to anything. I'm 69, retired and married. The more important thing is what is your savings rate?
by midareff
Tue Jul 25, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: What's you safety deposit box fee?
Replies: 50
Views: 3116

Re: What's you safety deposit box fee?

I gave up on safety boxes and bought a fire retardant home safe with professional installation when I bough my condo about 13 years ago. It was about $175 at the time and would probably be $300 - $400 today. I have the convenience and as much safety as I need right at home, and no monthly or yearly ...
by midareff
Tue Jul 25, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Internal Job Offer Negotiations
Replies: 20
Views: 5088

Re: Internal Job Offer Negotiations

In several past lives, when employed by large corporations, there were often coprorate bureaucracies to deal with in compansation. Sometimes, certain time lags were built into their rules and procedures. if this is the case, it can be helpful to understand the "system" and try to work wit...
by midareff
Mon Jul 24, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: After market extended warranty new vehicle - worth it?
Replies: 14
Views: 923

Re: After market extended warranty new vehicle - worth it?

I'll sell you the same policy for 4%. See if you can find me in three years.