Search found 5260 matches

by protagonist
Mon Aug 13, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 63
Views: 8530

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

My advice if you are retired and can afford it: Keep enough money invested in "ultrasafe" ways (eg CDs, I-bonds, Treasuries, etc) to provide for your needs going forward without resulting in too severe a life style compromise (factoring in future income as well). It doesn't matter if that amount is ...
by protagonist
Mon Aug 13, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 376
Views: 51667

Re: 2-year CDs at Vanguard and Fidelity Today

One guideline is to extend maturity if you can earn an extra 20 basis points per extra year of maturity. With your MM fund at 1.55%, even the 3-month CD yield of 1.9% clears that hurdle by a lot. With a MM fund yield of 2.05%, the 1-year at 2.45% gives one 40 basis points of extra yield for extendi...
by protagonist
Mon Aug 13, 2018 9:37 pm
Forum: Investing - Theory, News & General
Topic: Importance of sequence of real returns for SWR, CAPE valuation, and Luck
Replies: 65
Views: 2191

Re: Importance of sequence of real returns for SWR, CAPE valuation, and Luck

For those who don't believe valuation matters, I suppose this excellent article can just be discarded. But for those who are a little bit more philosophical about how recency bias from this 10 year bull market might cloud ones thinking, the chart comparing SWR vs CAEP, is outstanding. CAEP = about ...
by protagonist
Mon Aug 13, 2018 7:11 pm
Forum: Investing - Theory, News & General
Topic: Importance of sequence of real returns for SWR, CAPE valuation, and Luck
Replies: 65
Views: 2191

Re: Importance of sequence of real returns for SWR, CAPE valuation, and Luck

For those who don't believe valuation matters, I suppose this excellent article can just be discarded. But for those who are a little bit more philosophical about how recency bias from this 10 year bull market might cloud ones thinking, the chart comparing SWR vs CAEP, is outstanding. CAEP = about ...
by protagonist
Mon Aug 13, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 376
Views: 51667

Re: 2-year CDs at Vanguard and Fidelity Today

One guideline is to extend maturity if you can earn an extra 20 basis points per extra year of maturity. With your MM fund at 1.55%, even the 3-month CD yield of 1.9% clears that hurdle by a lot. With a MM fund yield of 2.05%, the 1-year at 2.45% gives one 40 basis points of extra yield for extendi...
by protagonist
Sat Aug 11, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to stay in HCOL area?
Replies: 89
Views: 8258

Re: Can we afford to stay in HCOL area?

If you want a top notch (materialistically) life in the Bay Area, ~$350k is not quite enough. That said, the median household income in SF is $78,378. The two "richest" zipcodes in SF, 94127 and 94105, have median household incomes of $95K and $89K, respectively. http://zipatlas.com/us/ca/san-franc...
by protagonist
Sat Aug 11, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Should I pay 6000.00 to repair wife's car....
Replies: 77
Views: 4434

Re: Should I pay 6000.00 to repair wife's car....

Take into account how much vehicles have improved since 2010 and how much more fun and safer they are to drive. I traded in my 2006 Honda Element (that I loved) for a 2017 Hyundai Elantra last November, for which I paid in the low $20Ks new before trade-in. It has Android Auto, backup camera, lane a...
by protagonist
Sat Aug 11, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Average expenses in MCOL area for a family of 4
Replies: 50
Views: 2289

Re: Average expenses in MCOL area for a family of 4

KlangFool wrote:
Fri Aug 10, 2018 10:35 pm

In summary, there is nothing average about your annual expense of 86K per year in an MCOL area.

KlangFool

Especially in light of the fact that the median household income in the US is only about $59K/year.
by protagonist
Fri Aug 10, 2018 9:37 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 376
Views: 51667

Re: 2-year CDs at Vanguard and Fidelity Today

Accidentally bought a 01/06/2021 maturity @ 105.042 for 3.025978% effective yield. So it matures in 2.4 years. I read that FDIC only covers up to par. It is Transportation Alliance Bank. Deposit accounts show B+... Safe and Sound shows 5 Do you guys avoid buying above par? https://www.depositaccoun...
by protagonist
Fri Aug 10, 2018 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Average expenses in MCOL area for a family of 4
Replies: 50
Views: 2289

Re: Average expenses in MCOL area for a family of 4

First, there's no good uniform definition of MCOL. I bet many people would quibble over which metro qualifies as what. There are sites that compare cost of living of a given community with that of the entire country and produce a percentage. I have no idea how accurate they are, but I would propose...
by protagonist
Fri Aug 10, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage....risk?
Replies: 14
Views: 1038

Re: Paying off mortgage....risk?

One cons (or risk) that is at the back of my mind is "what happens in a worse case, total lost event that is not covered by insurance?" (e.g. earthquake, severe flood, meteor strike, nuclear). Ok, I understand there is only a 0.0000000000000000000000001% chance that will happen but my response to t...
by protagonist
Fri Aug 10, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Rental Property as an Investment?
Replies: 20
Views: 990

Re: Rental Property as an Investment?

I live in W MA. N Adams is an interesting community. Not long ago it was a dead old mill town like much of the northern corridor along Rte 2 west of Worcester. MassMOCA came along and it is experiencing a minor renaissance...galleries, great brew pub, stuff like that. Artists are moving in. But I st...
by protagonist
Fri Aug 10, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 376
Views: 51667

Re: 2-year CDs at Vanguard and Fidelity Today

1% difference means $100/year for 2-3 years per $10K invested. 0.1% is $10/year.
So unless you are investing large amounts in any given CD, differences of a few tenths of a percent are trivial. A few cups of coffee per year in a NYC coffee house.
by protagonist
Thu Aug 09, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 159
Views: 7533

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

It's included with my Chase Sapphire Reserve card. If it wasn't I would not purchase it. I only insure against catastrophic losses, since the odds are stacked in the insurance companies' favor. I don't believe in gambling with bad odds, especially when the house doesn't even provide free drinks. Wh...
by protagonist
Thu Aug 09, 2018 1:54 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 159
Views: 7533

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

It's included with my Chase Sapphire Reserve card. If it wasn't I would not purchase it. I only insure against catastrophic losses, since the odds are stacked in the insurance companies' favor. I don't believe in gambling with bad odds, especially when the house doesn't even provide free drinks. I ...
by protagonist
Thu Aug 09, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 159
Views: 7533

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

It's included with my Chase Sapphire Reserve card.

If it wasn't I would not purchase it. I only insure against catastrophic losses, since the odds are stacked in the insurance companies' favor. I don't believe in gambling with bad odds, especially when the house doesn't even provide free drinks.
by protagonist
Thu Aug 09, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Looking for a pep talk
Replies: 26
Views: 3018

Re: Looking for a pep talk

I don't want to sound too obvious here, but a huge missing factor is your spending habits. An annual income of $350K is a lot. Over a million dollars gross every three years. You are in the 98.6%ile for household income....only 1.4% of Americans make more than you. With only a $200K mortgage, you sh...
by protagonist
Thu Aug 09, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 199
Views: 16384

Re: "Don't Obsess About Expense Ratios"

Two fierce competitors. A good argument for moving money to Fidelity is to force Vanguard (and other firms) to also lower rates (I assume Fido never would have lowered their rates if they didn't have to compete with Vanguard's low rates in the first place). Keep competition as fierce as possible. V...
by protagonist
Tue Aug 07, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: [Question] Does History at any point give an example of a complete market crash?
Replies: 8
Views: 813

Re: [Question] Does History at any point give an example of a complete market crash?

" Almost every major country has had a bear market in which share prices have dropped over 80%, and some countries have had drops of over 90%. " I don't know if that is true, but there are plenty of examples over the past century. https://www.globalfinancialdata.com/GFD/Blog/the-worst-bear-market-in...
by protagonist
Tue Aug 07, 2018 6:17 am
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 199
Views: 16384

Re: "Don't Obsess About Expense Ratios"

Two fierce competitors. A good argument for moving money to Fidelity is to force Vanguard (and other firms) to also lower rates (I assume Fido never would have lowered their rates if they didn't have to compete with Vanguard's low rates in the first place). Keep competition as fierce as possible. Vo...
by protagonist
Tue Jul 10, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 9043

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

The relative safety of bonds has probably been over-rated since we have exoerienced almost a 40 year period of mostly declining interest rates, from the highest rates in modern history to the lowest. The 30-40 years prior to that, with progressively increasing interest rates, tell a different story....
by protagonist
Tue Jul 10, 2018 11:55 am
Forum: Personal Finance (Not Investing)
Topic: PenFed or Navy Federal?
Replies: 30
Views: 2235

Re: PenFed or Navy Federal?

Don't limit yourself to two choices.
Check who offers the best rates on depositaccounts.com
Then go with them, and switch later if for any reason you are dissatisfied.
It's easy enough to move from one bank to another, so don't take your decision too seriously.
by protagonist
Tue Jul 10, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Should I move all my investments to Vanguard?
Replies: 31
Views: 2384

Re: Should I move all my investments to Vanguard?

I have about 60% of my investments held at Vanguard and 40% of my investments held at Fidelity. The Fidelity support leaves much to be desired and I am think of moving all my investments to Vanguard. What would you say are the pros and cons of this move? Thanks Dennis I have gotten excellent suppor...
by protagonist
Tue Jul 10, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Rental Property - Continue to Rent or Sell
Replies: 20
Views: 1610

Re: Rental Property - Continue to Rent or Sell

Pajamas wrote:
Mon Jul 09, 2018 6:36 pm
Another accidental landlord situation!

Would you buy this property today? If not, sell.
Excellent advice. About most things in life actually.
by protagonist
Tue Jul 10, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Avocado oil --recommendations?
Replies: 21
Views: 2112

Re: Avocado oil --recommendations?

I also use it on popcorn in lieu of butter, where olive oil would be overpowering. It's hard to beat butter on popcorn. I don't use a lot of butter and I rarely make popcorn but when I do, I put butter on it. ... and grass-fed butter (for example Kerrygold or locally sourced) isn’t the death senten...
by protagonist
Tue Jul 10, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 110
Views: 16420

Re: "10 Savvy Ways You Can Spot Fake Reviews"

Bogleheads: First time Boglehead posters bashing a non-financial product may be real but good investors are skeptical. This article will help spot impostors: 10 Savvy Ways You Can Spot Fake Reviews Best wishes. Taylor I find this website very useful for evaluating reviews : https://www.fakespot.com...
by protagonist
Tue Jul 10, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: Avocado oil --recommendations?
Replies: 21
Views: 2112

Re: Avocado oil --recommendations?

I bought some at Trader Joe's/ It has very little flavor. I assumed that is normal for avocado oil. Not like olive oil. Am I wrong? The same thing happened to me. I was excited when Trader Joe's started carrying avocado oil and grabbed a bottle but was completely disappointed when I opened it as it...
by protagonist
Mon Jul 09, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: Fidelity cash position
Replies: 55
Views: 6768

Re: Fidelity cash position

If you can initially invest $100K , look at FZDXX Premium Money Market , currently getting close to 2% yield. https://fundresearch.fidelity.com/mutual-funds/summary/31617H805 You just have to make a $100K initial investment, which is steep. But if you can, after that you can invest most of it in oth...
by protagonist
Mon Jul 09, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: Avocado oil --recommendations?
Replies: 21
Views: 2112

Re: Avocado oil --recommendations?

I bought some at Trader Joe's/

It has very little flavor.

I assumed that is normal for avocado oil. Not like olive oil.

Am I wrong?
by protagonist
Mon Jul 09, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property - Continue to Rent or Sell
Replies: 20
Views: 1610

Re: Rental Property - Continue to Rent or Sell

I sold one with decent cash flow about a month ago that I inherited in 2005.

I feel like an albatross has been lifted from my neck. I had an ideal tenant and I was a great landlord. Still, IMHO, being a landlord only complicates your life.

I like to keep life simple.
by protagonist
Mon Jul 09, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 376
Views: 51667

Re: 2-year CDs at Vanguard and Fidelity Today

I think it is important to remember that, unless you are talking about really large investments, small differences in yield over a 2 or even a 3 year period are rather trivial. For each $10K invested, only $10/yr. per each 0.1% yield difference. For that reason, I just accepted the best yields I cou...
by protagonist
Fri Jul 06, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 156
Views: 12203

Re: What I spent in 6 months on medicare

I am in my early 70's - and I just reviewed what I spent on Medical costs under Medicare. While this is anecdotal - it is an example of my low costs (so far at least). Medicare Part B - $134/month - 6 months = $804 Medicare (Kaiser) plan premiums $30/month - 6 months = $180 My approximate prescript...
by protagonist
Fri Jul 06, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Healthcare Sharing?
Replies: 51
Views: 4098

Re: Thoughts on Healthcare Sharing?

At least give any example of where it left someone high and dry. JT I googled it. My first hit gave seven. "There were dozens of reader comments left on the bottom of Parnell’s blog post, including six by people who said they were Medical Cost Sharing members and had nonpayment complaints similar t...
by protagonist
Fri Jul 06, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Virtual Bank 2.01% MM [Money Market] savings account
Replies: 4
Views: 1120

Re: Virtual Bank 2.01% MM [Money Market] savings account

We moved accounts from Popular Direct which was still paying 2.00% APY as of June EOM statement cycle to Northern Bank which pays 2.26% APY for balances up to 250,000.00 That is an excellent rate. Though I have a Virtual Bank account at this time, I have not yet funded it. I use my Fidelity brokera...
by protagonist
Tue Jul 03, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Recommend a vehicle for $24,000 or less
Replies: 47
Views: 3891

Re: Recommend a vehicle for $24,000 or less

GR8FUL-D wrote:
Mon Jul 02, 2018 3:14 pm
Unlike Lexux/Toyota/Honda, neither Volvo or Hyundai's hold their value very well, but they are great cars.
For Hyundai, that might be changing, especially if you keep your car for a long time. Their reputation , and supposedly their cars, have gotten a lot better in recent years.
by protagonist
Tue Jul 03, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: DNA ancestry testing
Replies: 84
Views: 8287

Re: DNA ancestry testing

Nothing to add....just want this to come up when I hit "your posts". *smile*
by protagonist
Tue Jul 03, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Transporting bikes with an SUV?
Replies: 38
Views: 1828

Re: Transporting bikes with an SUV?

I never considered the insurance issue....then again I don't have $20K worth of bicycles. I don't either, but we take turns driving and a couple of the guys I ride with (Ironman competitors) have much nicer bikes than I do. :happy I don't mean to seem cold and heartless. But their bikes are their r...
by protagonist
Tue Jul 03, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Transporting bikes with an SUV?
Replies: 38
Views: 1828

Re: Transporting bikes with an SUV?

I never considered the insurance issue....then again I don't have $20K worth of bicycles. I don't either, but we take turns driving and a couple of the guys I ride with (Ironman competitors) have much nicer bikes than I do. :happy I don't mean to seem cold and heartless. But their bikes are their r...
by protagonist
Tue Jul 03, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Spousal Benefits?
Replies: 4
Views: 994

Re: Social Security Spousal Benefits?

If you do not need more money, claim spousal benefits at 66 and defer taking your own as long as possible, optimally until age 70. You will effectively be earning 8% per year for each year you wait. I just turned 66 and that is what I am doing. Be very careful with the application. It is confusing, ...
by protagonist
Tue Jul 03, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: How Not to be a Slave to my Wood Deck?
Replies: 37
Views: 2936

Re: How Not to be a Slave to my Wood Deck?

I have a 15x30 wood deck and I have the same problem with the deck paint peeling after 1 year, and 2 years its a total disaster. Im not spending $30,000 for new maintenance free deck. Trex site quotes material cost of $11-15 per square foot for composite decking material. Your deck is 450 sq. ft. A...
by protagonist
Tue Jul 03, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Transporting bikes with an SUV?
Replies: 38
Views: 1828

Re: Transporting bikes with an SUV?

This is a simple solution that works well for me....I found it as the #1 recommended bike rack on Wirecutter: https://www.saris.com/product/bones3 It worked well on my Honda Element.....check out how well it would work on your vehicle. It took awhile to set up the first time, but once set up for you...
by protagonist
Mon Jul 02, 2018 9:34 pm
Forum: Personal Consumer Issues
Topic: Please help find these shoes for an old lady
Replies: 32
Views: 3609

Re: Please help find these shoes for an old lady

I'm impressed at both the willingness of people here to go out of their way to help. as well as the resourcefulness that actually produces results here like almost nowhere else.
I'm like whoa. I'm so like whoa.
by protagonist
Mon Jul 02, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...1.5 years later
Replies: 197
Views: 28095

Re: Learning Violin as an adult...1.5 years later

I used finger tape during the first few months but then realized it was becoming a crutch, that's when I ripped it off. I knew my ears would need to be developed and that meant no tape. I don't sing...I've tried for almost thirty years to sing in my car and I don't have the voice for it. I can empa...
by protagonist
Mon Jul 02, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Recommend a vehicle for $24,000 or less
Replies: 47
Views: 3891

Re: Recommend a vehicle for $24,000 or less

Consider Kia or Hyundai. They are hungry. They SO want to be considered Honda's and Toyota's equals. I have driven Hondas since the 1980s and was hell-bent on replacing my last Honda with a Honda or Toyota. Hyundai made me an offer I couldn't refuse in the $21K range....many thousands less than the ...
by protagonist
Mon Jul 02, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Computer/reading classes
Replies: 4
Views: 310

Re: Computer/reading classes

My limited FSA covers vision and has funds, so I've been thinking of going to Costco which seems to get good reviews; there's also Zenni/Warby Parker/etc. which get mentioned here, but if I bought progressives, this would be my first pair and I'd probably need more handholding than a website. Zenni...
by protagonist
Mon Jul 02, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Help From Cruel Stepmother
Replies: 49
Views: 7723

Re: Trust Help From Cruel Stepmother

Good Listener wrote:
Mon Jun 18, 2018 7:11 pm
I would go right to a lawyer and I'm sure the lawyer can help get this worked out.
Exactly. Bypass this forum and hire a good lawyer. For a small investment in money and time he should be able to answer your questions I would think.
by protagonist
Mon Jul 02, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 2745

Re: Retirees- How hard is it to dial spending down/up?

A pretty consistent theme here is that after doing research using firecalc/monte carlos, many people suggest during "down" markets in retirement to "reduce spending" if the market corrects severely. It seems to me, someone spending $140k/year in retirement would have a real challenge to spend $65k ...
by protagonist
Mon Jul 02, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...1.5 years later
Replies: 197
Views: 28095

Re: Learning Violin as an adult...1.5 years later

I used finger tape during the first few months but then realized it was becoming a crutch, that's when I ripped it off. I knew my ears would need to be developed and that meant no tape. I don't sing...I've tried for almost thirty years to sing in my car and I don't have the voice for it. I can empa...
by protagonist
Sat Jun 30, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Selling a time share/vacation rental in Mexico
Replies: 12
Views: 1283

Re: Selling a time share/vacation rental in Mexico

Thanks to everyone who replied. I will look into the TUG site to sell or rent my place. I don't want to rent and deal with all that comes with it, but if it brings in enough money over the $250 yearly maintenance fee, which I've already paid through end of December, I may try - at least for one sea...
by protagonist
Sat Jun 30, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Any Reason to Keep My "Landline" Phone?
Replies: 65
Views: 4108

Re: Any Reason to Keep My "Landline" Phone?

If you hold on to it for another century or so it might be worth something.