Search found 5152 matches

by midareff
Tue Jan 16, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: I'm hooked
Replies: 22
Views: 3699

Re: I'm hooked

Welcome to the forum :) .

Truly amazing amount of collective wisdom on tap at this site. Reading the wiki is like getting an education all by itself.
by midareff
Tue Jan 16, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Withholding Tables
Replies: 87
Views: 10245

Re: 2018 Withholding Tables

Since this will also be my first year of RMD in addition to pension and SS I'm simply going to pay in 110% of last year via EFTPS to avoid penalty (if applicable) and go on about my retirement.
by midareff
Tue Jan 16, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: St. Petersburg, FL visit: Rental car, tolls, SunPass questions
Replies: 19
Views: 915

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
Mon Jan 15, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Dow 30,000 S&P 3000, Nasdaq 10,000
Replies: 34
Views: 3257

Re: Dow 30,000 S&P 3000, Nasdaq 10,000

RRAAYY3 wrote:
Mon Jan 15, 2018 2:37 pm
I'll take it !

[Any further elaboration as to why?]
Gladly, and carefully rebalance.
by midareff
Mon Jan 15, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 88
Views: 5142

Re: Stats on When People Take Social Security

I started at 65 although I had enough assets to carry me to 70. I did it as I chose not to deplete those assets which I might need later in life, and no one knows what the market will do next. As it turned out those assets grew more than 55% in that period (70 now), so the difference I can afford i...
by midareff
Mon Jan 15, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 27
Views: 3051

Re: AA is much harder than I thought...

Back in 1997 I could not understand the logic of owning any bonds and had a very tech heavy portfolio. The daily grind of watching $1.3M dwindle to $589K was .. well, without 4 letter words, horrid. It took more than a decade for me to recover. I'm now 45/55 with 18 years draw in bonds sans dividend...
by midareff
Mon Jan 15, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 88
Views: 5142

Re: Stats on When People Take Social Security

I started at 65 although I had enough assets to carry me to 70. I did it as I chose not to deplete those assets which I might need later in life, and no one knows what the market will do next. As it turned out those assets grew more than 55% in that period (70 now), so the difference I can afford i...
by midareff
Mon Jan 15, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: “Better Buy” Total US or International ?
Replies: 29
Views: 2636

Re: “Better Buy” Total US or International ?

The prevailing thought these day is that international is the "better buy" at this moment due to PE and historical valuations. I have increased my allocation to international to 50/50. FWIW, M* also lists the prior 12 month dividend yield for VTIAX at 2.73% and I take dividends from taxable (retired).
by midareff
Mon Jan 15, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 88
Views: 5142

Re: Stats on When People Take Social Security

I started at 65 although I had enough assets to carry me to 70. I did it as I chose not to deplete those assets which I might need later in life, and no one knows what the market will do next. As it turned out those assets grew more than 55% in that period (70 now), so the difference I can afford in...
by midareff
Mon Jan 15, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Where do you get your auto loans?
Replies: 14
Views: 681

Re: Where do you get your auto loans?

I just received a draft from PenFed for a vehicle I have on order. 36 month payback at 1.49%, longer terms available at higher rates. About a year ago I paid off (early) a previous PenFed loan that provided 5 years at 1.49%. For me it's an easy decision. Take the money from a bond fund paying 2.8% t...
by midareff
Mon Jan 15, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 93
Views: 4715

Re: Looking for a reasonably priced, safe international destination

PFInterest wrote:
Sun Jan 14, 2018 9:45 am
Canada.
Old Towne, Quebec City.. the kids will remember the cable cars for a long time. Should be beautiful in May with flowers and nice weather.
by midareff
Mon Jan 15, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Estimating health care expenses in retirement
Replies: 12
Views: 1289

Re: Estimating health care expenses in retirement

Estimating health care is the easy part. ... for us, me on Medicare with AARP United Plan F, and her on my former employers spousal coverage our insurance cost has been (monthly) 2018 - $1062, 2017 - $962, 2016 - $ 921, 2015 - $866. roughly 23% increase over 3 years, or 7.3% annually, in a very low ...
by midareff
Mon Jan 15, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 34
Views: 1551

Re: Do people in the forum hold foreign bonds?

70, retired and NO, I do not hold foreign bonds and have no expectation of adjusting portfolio to hold them.
by midareff
Sun Jan 14, 2018 7:21 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 8892

Re: Why is Vanguard switching all accounts to brokerage accounts?

I have brokerage accounts in both taxable and IRA. Nothing is in either of them as all funds are still in the prior accounts.
by midareff
Sun Jan 14, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: How long do you save tax returns?
Replies: 39
Views: 3010

Re: How long do you save tax returns?

cheese_breath wrote:
Sun Jan 14, 2018 1:30 pm
Forever.
+1 Digitized from official transcript.
by midareff
Sun Jan 14, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Anyone Gone All the Way with LastPass?
Replies: 25
Views: 1270

Re: Anyone Gone All the Way with LastPass?

Yes, all the way. Also have LastPass mobile but don't use it. Any site with financial information, even a credit card number is 15 or 16 character alpha numerical + symbol if applicable. 125 sites with passwords.
by midareff
Sun Jan 14, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Car people: 2014 E63 AMG or 2018 E400 wagon??
Replies: 63
Views: 2990

Re: Car people: 2014 E63 AMG or 2018 E400 wagon??

I'd get the E400. Having owned many fast German cars, you come to realize you can only drive so fast to work and back. A truly fast daily driver becomes an annoyance after a while because you never get out of 3rd gear. LOL, if you don't have 500 horses you could not possibly idle and do stop and go...
by midareff
Sat Jan 13, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '8% rule' - Where are they now?
Replies: 38
Views: 5752

Re: Year 2000 retirees using the '8% rule' - Where are they now?

[...]Then sometime later in 1999, I stumbled on the Retire Early Home Page . This page talked Retirement Withdrawals and the Trinity Study, which was published in 1998. It's the first place I heard about the 4% Rule. And he had studies that showed that 10, 8, 7 even 5 percent didn't always work. Ho...
by midareff
Sat Jan 13, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Storing Important Documents Online
Replies: 27
Views: 1173

Re: Storing Important Documents Online

Want to keep copies of Passport, birth certificate, SS card and other important documents online. What are you using? Thanks! I keep the relevant account numbers in a word doc in a LastPass Vault. Advantage is it can be accessed by my phone or tablet (recognized devices) provided the 16 character p...
by midareff
Thu Jan 11, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: retiree health ins - how to propose to Employer?
Replies: 39
Views: 1711

Re: retiree health ins - how to propose to Employer?

My former employer, a municipal government in Florida allows/allowed me to keep my wife on their insurance after I retired until she becomes Medicare eligible. I pay the cost of her insurance as a monthly deduct from my State's retirement check. It's $570 a month + co-pays for office visits and drug...
by midareff
Thu Jan 11, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Bond component of AA
Replies: 5
Views: 324

Re: Bond component of AA

I believe there is a line in the sand somewhere between acceptable and preferred. With an average duration of 7.8 years and a Fed seemingly interested in periodically raising rates I would find the duration too long for me. The Total Bond Market Index Fund has a duration of 6.1 years and VICSX (Inte...
by midareff
Thu Jan 11, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 48
Views: 2398

Re: Car accident - was directed to sign release

Why are you dealing with the other party's insurance company? You should have your insurance company represent you (that's what they are "hired" by you to do) There are probably quite a few pictures of ambulance chasers on billboards around town. I'd guess they could do better for you after their f...
by midareff
Thu Jan 11, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4317

Re: Help me stop my addiction to stock market peeping!

I, for one, see nothing wrong with peeping at investment and/or all other accounts. I have an app on my smartphone that gives me the % change in the ETF version of all my funds if and when I care to look. Bank accounts, credit cards and such I check several times a week for errors or possibly fraudu...
by midareff
Wed Jan 10, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: Any Porsche 911 owners here?
Replies: 142
Views: 16830

Re: Any Porsche 911 owners here?

Not to hijack the thread but...... had two new Porsche's, a 1998 Boxster and a 2000 Boxster S. Both cars needed the dealer every 7 weeks or so for a vast collection of sensor issues which totally excluded any thought of keeping either of them past their warranty period. Have a Mercedes C350 for the ...
by midareff
Wed Jan 10, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: What your 2017 returns would look like if you listened to these financial websites
Replies: 18
Views: 3692

Re: What your 2017 returns would look like if you listened to these financial websites

jhfenton wrote:
Tue Jan 09, 2018 1:14 pm
David Jay wrote:
Tue Jan 09, 2018 1:10 pm
And VTIAX (Total Stock Market) was up 27.5%

...own the haystack
VTIAX (Total International Stock) was up 27.5%. VTSAX (Total Stock Market) was up 21.2%.
Yeah, it was pretty awful owning lots of both.
by midareff
Wed Jan 10, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 145
Views: 13783

Re: Anyone disenchanted with retirement?

Six years in and I've been so busy traveling and doing my own photography, catching up on music albums, movies and such I don't know how I ever had the time to go to work. Being retired is like being released from prison.
by midareff
Tue Jan 09, 2018 4:17 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 285
Views: 23292

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I don't know what people were recommending for most of the 1990s. I did not read any forums before the end of 1998. However in 1999 I started reading Morningstar forums, retire early forums, etc. to specifically find out how to withdraw from a portfolio. The answer was that Trinity Study had proven...
by midareff
Tue Jan 09, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 285
Views: 23292

Re: Year 2000 retirees using the '4% rule' - Where are they now?

60/40 is a pretty standard retirement portfolio that is used in all the studies. 30-50% of stocks in international is also pretty standard. Those were assumptions that people were making in the 90s. Hindsight bias would be saying go 30% SV, 30% REIT, and 15% gold for your equity allocation like in ...
by midareff
Tue Jan 09, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with RMD money
Replies: 18
Views: 1597

Re: What to do with RMD money

My sister is now forced to take money from her retirement accounts. She has been doing this for several years and putting the money in a savings account. She is in her mid-seventies. I am wondering if I should encourage her to invest even a small portion in bonds or maybe go take a walk on the wild...
by midareff
Tue Jan 09, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 285
Views: 23292

Re: Year 2000 retirees using the '4% rule' - Where are they now?

HomerJ wrote:
Tue Jan 09, 2018 3:55 pm
midareff wrote:
Tue Jan 09, 2018 3:52 pm
Why would you "rigidly" follow anything in retirement?
You wouldn't, which means real people in real retirement would do even BETTER than these charts show. Which is encouraging.
:sharebeer
by midareff
Tue Jan 09, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 285
Views: 23292

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Why would you "rigidly" follow anything in retirement?
by midareff
Tue Jan 09, 2018 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Smallest % worth Allocating in your Portfolio
Replies: 30
Views: 1972

Re: Smallest % worth Allocating in your Portfolio

I suspect anything under 5% won't move the needle much one way or another. Having said that I have three positions at about 3% each but two are play money and the third collects IRA dividends and pays them out as a monthly RMD. Unless it were Bitcoins. Even if they were 1% 3 years back, they would ...
by midareff
Mon Jan 08, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: What is "winning the game" exactly?
Replies: 9
Views: 1315

Re: What is "winning the game" exactly?

John.... I understand the younger wife thing.. I'm 70 she is 54. AFAIC, I have won the game. There is 18 years of draw for trasvel and luxuries in FI, exclusive of any dividend distributions and I assume that after the next 5 to 7 years I will spend less and travel less. My cola'd pension and SS pay...
by midareff
Mon Jan 08, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Smallest % worth Allocating in your Portfolio
Replies: 30
Views: 1972

Re: Smallest % worth Allocating in your Portfolio

I suspect anything under 5% won't move the needle much one way or another. Having said that I have three positions at about 3% each but two are play money and the third collects IRA dividends and pays them out as a monthly RMD.
by midareff
Mon Jan 08, 2018 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 3
Views: 868

Re: Vanguard Intermediate-Term Tax-Exempt Fund

I first purchased VWIUX in 2011 @ $13.72. Since then it has hit a low of $13.54 and a high of $14.61 and generally floats in the $14.00 to $14.20 range. It is a fluctuation range I am comfortable with and at that price point spits out a monthly tax-exempt dividend of roughly 2.8% annualized. The fun...
by midareff
Sun Jan 07, 2018 11:43 am
Forum: Investing - Theory, News & General
Topic: Implications of top 1% owning 40% of the Stock Market?
Replies: 16
Views: 1218

Re: Implications of top 1% owning 40% of the Stock Market?

I'm about twice your ages and came from, and still remember my all too humble origins. My parents (long passed) were humble, hard working and very frugal. They worked hard and saved some of their money every month. They bought what we call, common stocks, and favored utilities and other companies th...
by midareff
Sun Jan 07, 2018 8:55 am
Forum: Investing - Theory, News & General
Topic: So how would your $100k have fared since January 2008?
Replies: 8
Views: 1232

Re: So how would your $100k have fared since January 2008?

The view is so clear in the rear view mirror. The windshield, not so much.
by midareff
Sun Jan 07, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Corporate bonds vs. Treasuries
Replies: 52
Views: 4124

Re: Corporate bonds vs. Treasuries

Our short and intermediate investment grade corporate bonds are in our T-IRA’s as well as some high yield bonds with the other being total bond index. Folios are retiree type @40/60 AA with tax exempt bonds , intermediate, limited, Pa. Long term. Plus some total bond index and Vanguard says it is t...
by midareff
Sat Jan 06, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Patience And Diversification Crucial
Replies: 51
Views: 6135

Re: Larry Swedroe: Patience And Diversification Crucial

It is interesting but at 70 years old I'm not interested in anything that could under perform for long periods.
by midareff
Sat Jan 06, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Corporate bonds vs. Treasuries
Replies: 52
Views: 4124

Re: Corporate bonds vs. Treasuries

Our combined portfolios consist of a 50/50 mix of equities and high quality corporate bonds (primarily Vanguard Intermediate-Term Investment Grade Fund). As the equity bull market gets longer in the tooth we have been contemplating switching our fixed income allocation to Treasuries. We are comfort...
by midareff
Sat Jan 06, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: South Florida visit in early March
Replies: 20
Views: 1367

Re: South Florida visit in early March

Also, https://www.margaritavillehollywoodbeachresort.com/ The Boardwalk is second to none. No cars, a designated bike lane, and paver road for pedestrians. I walk there 4 miles every morning. That's absolutely true and it is certainly NO DUMP. As far as what to see and do with a week in South Flori...
by midareff
Sat Jan 06, 2018 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Flagship milestone: Thank You Bogleheads!
Replies: 13
Views: 2507

Re: Flagship milestone: Thank You Bogleheads!

That's wonderful..... congratulations.
by midareff
Sat Jan 06, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Bogleheads car purchase - with a little twist
Replies: 15
Views: 1971

Re: Bogleheads car purchase - with a little twist

sounds like purrrfection.
by midareff
Sat Jan 06, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5949

Re: Does the 3 fund portfolio seem somewhat flawed?

Yeah BUT, the older you get the less it matters.
by midareff
Fri Jan 05, 2018 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 3965

Re: Downsizing to one car in retirement...

I am retired 6 years, my wife 7 but she is from BKK and we have been together in the USA almost 6 years. We have one car.... we go everywhere together. People say, on occasion, we only see you together how do you do it? I (we) generally smile back and say; "It's easy, we still like each other." . As...
by midareff
Fri Jan 05, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: [How to determine budget for toys/luxuries?]
Replies: 41
Views: 2672

Re: [How to determine budget for toys/luxuries?]

The way I handled it when I was still in the accumulation stage was..... I had a savings and investment goal for each and every year that led to retirement.. which started more than 15 years in advance of my actual retirement. When I had achieved my goals for the year I was free to spend excess $$ o...
by midareff
Thu Jan 04, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7206

Re: What strategy do you use to reduce sequence of returns risk in retirement?

Question: In Retirement: 1) Does the Variable Percentage Withdrawal (VPW) negate sequence of returns risk? If you look at it against simply and blindly withdrawing XYZ dollars, or XYZ dollars plus a CPI adjustment annually it does. OTOH it does have some drawbacks. The reason I say that is as follo...
by midareff
Thu Jan 04, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: What strategy do you use to reduce sequence of returns risk in retirement?
Replies: 117
Views: 7206

Re: What strategy do you use to reduce sequence of returns risk in retirement?

Question: In Retirement: 1) Does the Variable Percentage Withdrawal (VPW) negate sequence of returns risk? If you look at it against simply and blindly withdrawing XYZ dollars, or XYZ dollars plus a CPI adjustment annually it does. OTOH it does have some drawbacks. The reason I say that is as follo...
by midareff
Thu Jan 04, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: Costa Rica
Replies: 17
Views: 1892

Re: Costa Rica

Hi, DW and I are thinking of taking our 12 year old son to Costa Rica in March. I'd appreciate any feedback from those of you who have vacationed in Costa Rica regarding things like nicest beach, best tours, vacation package..that you have found to be enjoyable and anything else that you learned al...
by midareff
Thu Jan 04, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 211
Views: 21563

Re: Hitting The Sell Button

Despite crying in my root beer all weekend over a portfolio return of "only" 15.01%, I can't help but notice the tremendous power of this bull market. Since July 2013, I have been mildly rebalancing from stocks to bonds. It seems like all I have been doing has been hitting the "sell" button, sellin...