Search found 4999 matches

by midareff
Sun Nov 19, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 11
Views: 188

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: 13
Views: 750

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: 88
Views: 3171

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: 35
Views: 1885

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: 35
Views: 1885

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: 1154

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: 6
Views: 683

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: 35
Views: 1885

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: 618

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: 75
Views: 4482

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: 614

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: 34
Views: 2091

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: 18
Views: 1342

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: 1154

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: 1154

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: 34
Views: 2091

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: 31
Views: 1662

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: 1201

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: 1201

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: 1201

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: 21
Views: 1849

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: 553

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: 553

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: 1593

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: 1593

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: 1104

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: 810

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: 9588

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: 163
Views: 12775

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: 619

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: 163
Views: 12775

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: 1128

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: 3186

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: 723

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: 1263

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...
by midareff
Sat Nov 11, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: do I need two different credit card companies
Replies: 14
Views: 1189

Re: do I need two different credit card companies

Hi Folks, I have 2 visa's 1 master card and one amex card (all have no annual fees). I only use the visas. Much better rewards (costco and Marriott). I am not worried about the effect on my credit rating. Can I dump both AMEX and Mastercard? Is there any chance Visa could have an issue that could s...
by midareff
Sat Nov 11, 2017 10:02 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 107
Views: 6314

Re: Do you meditate?

Wife does for roughly 30 minutes twice daily.
by midareff
Sat Nov 11, 2017 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6190

Re: Isn't it safer to NOT sign Credit card?

I sign the back of my credit cards.. "ASK FOR ID". You would be surprised how rarely that happens with a swipe purchase and it has never happened with an insert purchase.
by midareff
Sat Nov 11, 2017 7:22 am
Forum: Personal Consumer Issues
Topic: Has anyone bought a Samsung Note 8?
Replies: 34
Views: 1881

Re: Has anyone bought a Samsung Note 8?

The Note 4 I got from Ebay had about 35 Apps running. I could not uninstall them. I could disable them but had to do this each time there was a major upgrade. The Note 8 seems to be a major improvement in this area. I was able to uninstall one app. Some others seem to be hidden and are not activate...
by midareff
Fri Nov 10, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: When is a good time to rebalance?
Replies: 30
Views: 2265

Re: When is a good time to rebalance?

sport wrote:
Wed Nov 08, 2017 4:14 pm
I rebalance whenever my AA is off by more than my allowed amount. Usually, the allocation to stocks has grown too high, so the risk level of my holdings is therefore too high. In this case, rebalancing reduces the risk level back to where I want it to be.
Same here.
by midareff
Fri Nov 10, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 242
Views: 19504

Re: How to Get Stock Quotes Into Excel

What's happeneing with the Yahoo stock quotes into Excel thing. I've used the following command that's worked well. But it's been dead for a few weeks now. What's the EASIEST way to get end of day quotes into my Excel spreadsheet? =NUMBERVALUE(WEBSERVICE("https://download.finance.yahoo.com/d/quotes...
by midareff
Fri Nov 10, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: Savor credit card
Replies: 16
Views: 1274

Re: Savor credit card

That's very interesting. We eat out three or four times a week and 4% on dining is a nice accompaniment tp PenFed's 5 on gas, AMEX's 6% on groceries and Fido's 2% on everything else. It's no help on plane tickets as I use the airlines own card for free checked bags, priority boarding and miles. If ...
by midareff
Fri Nov 10, 2017 8:55 am
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 182
Views: 15988

Re: Flying first class, business, versus economy.

I recently returned from Italy and had a wonderful time, thanks to the many useful tips from fellow Bogleheads. The only issue my wife and I had was the flight. We flew economy with American Airlines. Even though we are on the small side, the seats were, nevertheless, uncomfortable and short on leg...
by midareff
Fri Nov 10, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Savor credit card
Replies: 16
Views: 1274

Re: Savor credit card

That's very interesting. We eat out three or four times a week and 4% on dining is a nice accompaniment to PenFed's 5% on gas, AMEX's 6% on groceries and Fido's 2% on everything else. It's no help on plane tickets as I use the airlines own card for free checked bags, priority boarding and miles.
by midareff
Wed Nov 08, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: VDAIX vs. VFIAX
Replies: 16
Views: 853

Re: VDAIX vs. VFIAX

Lou354 wrote:
Wed Nov 08, 2017 11:11 am
jessikaur wrote:
Wed Nov 08, 2017 10:49 am
also.. i think i've asked this before.. but VIG probably does not belong in the taxable account, does it?
Correct, not as long as you're in accumulation phase.
and based on the superior history of VTSAX and VFIAX why would you?
by midareff
Wed Nov 08, 2017 11:16 am
Forum: Investing - Help with Personal Investments
Topic: VDAIX vs. VFIAX
Replies: 16
Views: 853

Re: VDAIX vs. VFIAX

Let's look at VDADX (the Admiral version of VDAIX, vs VFIAX (S&P%) Admiral) and VTSAX the Total Stock Market (US) Admiral over the M* stipulated inception date of 4/21/2006 for VDADX until now. VDADX $24,679.74 vs. VFIAX $25,206.43 vs. VTSAX $25,426.41. I'm more a what have you done for me historica...
by midareff
Wed Nov 08, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insruance Payment
Replies: 29
Views: 1508

Re: Auto Insruance Payment

How do people here pay auto insurance? One full payment or 12 equal payments with $2 extra installment service charge each month. Not a big deal but I don't like paying additional $24 a year. Just out of curiosity checking if people mind such small amount? I pay Geico every 6 months on a 2% cash ba...
by midareff
Mon Nov 06, 2017 8:27 am
Forum: Investing - Theory, News & General
Topic: U.S. & International Allocation
Replies: 36
Views: 3289

Re: U.S. & International Allocation

I had also wanted to mention that the recommended allocation of fixed income for Total International Bond has also increased in terms of Vanguard investment experts. I believe this was 20% of fixed income and is now 30%. The trend appears to be in one direction. I was at 30% international but just ...
by midareff
Mon Nov 06, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: Has anyone bought a Samsung Note 8?
Replies: 34
Views: 1881

Re: Has anyone bought a Samsung Note 8?

Thanks Ron. I've decided to go with the iPhone 7 plus. I used to buy phones and give the old ones to family members. Some time in the past I had the latest models of the Samsung Note and iPhone plus. I would run both and the Samsung phone always drained the battery faster. I know that test show the...