Search found 196 matches

by Lee Saage
Sun Mar 06, 2016 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: First time consulting, tax question
Replies: 4
Views: 565

Re: First time consulting, tax question

I've done consulting for a lot of years and have never been audited. That is a sample of one, of course, but I think typical. Schedule C income is often of more interest to the IRS but mostly from businesses that deal with cash and unreported payments. If all of your income is supported by 1099s, an...
by Lee Saage
Fri Feb 26, 2016 1:37 pm
Forum: Personal Consumer Issues
Topic: Comcast's Customer Service Reputation
Replies: 36
Views: 3524

Re: Comcast's Customer Service Reputation

It took me four months of relentless telephoning to successfully terminate my relationship with Comcast. We had both TV and internet service in San Francisco and wished to terminate service because of an out-of-state move. At each instance of interaction, whether in person or by telephone, whatever ...
by Lee Saage
Sat Feb 20, 2016 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B
Replies: 36
Views: 2779

Re: Medicare Part B

SS told me they can't start to enroll me in Part B until after my company certifies that my employment ended. Based upon my experience, this is not true. I was still employed in May 2015 when I applied for Medicare Part B and my employer completed the form so indicating. My application was processe...
by Lee Saage
Sat Nov 28, 2015 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Following the Bogleherd … scary!
Replies: 37
Views: 4984

Re: Following the Bogleherd … scary!

The herd evolved as a very effective mechanism for protecting grazing animals from predators. The outliers get picked off, of course, usually by attending time-share, insurance or broker-sponsored free dinners.
by Lee Saage
Wed Oct 28, 2015 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Changes to SS regulations in new funding bill...
Replies: 154
Views: 13532

Re: Changes to SS regulations in new funding bill...

I just wanted to say that I find this a useful and collegial discussion and I am grateful to the moderators for allowing it happen. A good example of thoughtful oversight.
by Lee Saage
Mon Oct 26, 2015 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Tricare for life - anyone using it now?
Replies: 10
Views: 1126

Re: Tricare for life - anyone using it now?

I'm trying to use Medicare and Tricare-for-Life but without success so far. I retired in July and my employment-based health insurance ended in August, the same month Medicare Part B began. Medicare, however, refuses to acknowledge that I no longer have "third-party" health insurance despi...
by Lee Saage
Sun Sep 13, 2015 5:29 pm
Forum: Personal Consumer Issues
Topic: McDonald's has good coffee: McDonalds has Senior Coffee
Replies: 92
Views: 15026

Re: MacDonald's has good coffee: MacDonalds has Senior Coffee

I don't quite "get" Dunkin' Donuts--it's OK, but to me it has a kind of hamburger -flavor overtone, definitely beefy . Not fruity, chocolaty, nutty, earthy, or spicy-- beefy . I've always found both Starbucks and McDonalds coffees to be bland and possessed of one-note flavors. But I've re...
by Lee Saage
Sun Sep 13, 2015 1:30 pm
Forum: Investing - Theory, News & General
Topic: The random road to portfolio returns over your lifetime
Replies: 10
Views: 1315

Re: The random road to portfolio returns over your lifetime

Interesting set of charts and it made me go look. I've kept pretty good records since 1993 and through the end of 2014, almost exactly half of the increase in total investments came from savings and half from total return. And the return is almost equally divided between capital gain and dividends. ...
by Lee Saage
Fri Aug 07, 2015 12:30 pm
Forum: Local Chapters and Bogleheads Community
Topic: Congrats to Laura Dogu
Replies: 67
Views: 9796

Re: Congrats to Laura Dogu

Congratulations to the Honorable Laura Dogu. What an honor and what responsibility! You and your family can be so justly proud.
by Lee Saage
Sat May 16, 2015 7:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's email "The case for a global portfolio"
Replies: 46
Views: 5742

Re: Vanguard's email "The case for a global portfolio"

Do I truly, in my heart believe that U.S. businesses are just plain better than non-U.S. businesses? No. I've heard the argument that, in the case of European stocks, "Eurosclerosis" prevents the European economy from performing as well as the U.S. economy. Even if that is true, it is not...
by Lee Saage
Sat May 16, 2015 7:17 pm
Forum: Personal Consumer Issues
Topic: Consumer Complaint Issues
Replies: 5
Views: 1053

Re: Consumer Complaint Issues

This is exactly the technique I used recently in dealing with an issue with a Capital One credit card. (Well, almost; I used Word and printed both the letter and the envelop. My handwriting is terrible.) Four days after mailing a letter addressed by name to the CEO, I received a telephone call from ...
by Lee Saage
Tue May 12, 2015 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Living in LA but working in SF
Replies: 12
Views: 1965

Re: Living in LA but working in SF

It's doable but you should think about how often and for how long you wish to be away from home. I lived in Huntington Beach and commuted to San Francisco for a number of years with no problem. I negotiated an arrangement that paid all travel-related expenses and I decided when I needed to be in the...
by Lee Saage
Thu Apr 09, 2015 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on new CC and online bank (horrible exp with Cap One)
Replies: 19
Views: 2946

Re: Advice on new CC and online bank (horrible exp with Cap

I've had a similar problem with Capital One. Last Friday, Capital One restricted our credit card due to something in the system triggering a fraud alert. Was asked to upload a pdf of my drivers license to confirm my identity and was told it would take two days to lift restriction. It has now been ne...
by Lee Saage
Sun Nov 23, 2014 3:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Personal Performance History: 10 Years
Replies: 13
Views: 2587

Re: Vanguard Personal Performance History: 10 Years

A correspondent suggests caution in interpreting these charts. "The history Vanguard shows is not your history and the history of all your accounts, but only the history of your current accounts. At least that is my theory based on what I observe." At least in my case, I'm pretty sure my ...
by Lee Saage
Fri Oct 31, 2014 1:29 pm
Forum: Personal Consumer Issues
Topic: Lincoln MKC - anyone tried this one out?
Replies: 12
Views: 2044

Re: Lincoln MKC - anyone tried this one out?

It's spiffed-up Ford Escape. It's good looking and all, but several thousand more than a fully-loaded Escape, though you can get a few better features/options. I personally can't get past paying $40k for a small SUV with a 4-cyl engine. I have yet to see a MKC on the road, though everyone and their...
by Lee Saage
Wed Oct 29, 2014 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to San Francisco - Advice?
Replies: 23
Views: 2486

Re: Possible Relocation to San Francisco - Advice?

San Francisco is a beautiful and vibrant city and a hotbed of progressive politics. For someone coming from Dallas, that could be either a relief or a concern. In any event, it's a great city and we find its residents to be, for the most part, friendly and open. There are great neighborhoods and not...
by Lee Saage
Sat Oct 18, 2014 7:27 pm
Forum: Personal Consumer Issues
Topic: Upgrading from Iphone 4s - 5s or 6?
Replies: 29
Views: 3189

Re: Upgrading from Iphone 4s - 5s or 6?

I had a chance to play with both a 5S and 6 for several days. Initially I thought the 6 would be too big for comfort; I tend to wear the phone on my belt. After using both phones for a few days, I discovered that I really liked the larger screen and roomier keyboard. The size issue as a negative so...
by Lee Saage
Sat Oct 18, 2014 6:00 pm
Forum: Personal Consumer Issues
Topic: Upgrading from Iphone 4s - 5s or 6?
Replies: 29
Views: 3189

Re: Upgrading from Iphone 4s - 5s or 6?

I had a chance to play with both a 5S and 6 for several days. Initially I thought the 6 would be too big for comfort; I tend to wear the phone on my belt. After using both phones for a few days, I discovered that I really liked the larger screen and roomier keyboard. The size issue as a negative sor...
by Lee Saage
Wed Sep 17, 2014 1:53 pm
Forum: Personal Consumer Issues
Topic: Do you plan trips on your own or use a [travel agent]?
Replies: 36
Views: 2793

Re: Do you plan trips on your own or use a TA?

A travel agent was helpful to me with a specific need a couple of years ago. We booked a long Mediterranean cruise with a port of embarkation in Rome that terminated in the U.S. We needed one-way tickets from San Francisco to Rome. Doing my own research, one-way tickets were often more expensive tha...
by Lee Saage
Wed Sep 10, 2014 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep paper copies of your investment statements?
Replies: 33
Views: 2858

Re: Do you keep paper copies of your investment statements?

Those of you who have a) electronic-only financial records, and b) have another person sharing your financial life with you... Why, yes. I have prepared a document titled "Things to Do When I'm Gone" that, among other things, lists every account, logon, password and a recent summary of ac...
by Lee Saage
Thu Jul 24, 2014 3:25 pm
Forum: Personal Consumer Issues
Topic: Advice wanted on first computer purchase since 1982!
Replies: 107
Views: 11340

Re: Advice wanted on first computer purchase since 1982!

If you can wait a bit, Apple is reported to be planning to release a new laptop that combines the light-weight, slim features of the Macbook Air with the power of the Macbook Pro. Not sure if this will be a third Macbook category or if it will actually replace the Pro and MBA. Rumors vary on timing ...
by Lee Saage
Fri Jun 13, 2014 9:10 pm
Forum: Personal Consumer Issues
Topic: Selling a Rolex Watch
Replies: 8
Views: 2011

Re: Selling a Rolex Watch

I recently sold a vintage Rolex to H.Q. Milton in San Francisco and was very satisfied with the transaction.

http://www.hqmilton.com
by Lee Saage
Sat Apr 12, 2014 5:32 pm
Forum: Investing - Theory, News & General
Topic: Why does Vanguard use average return iso compound annual?
Replies: 99
Views: 9319

Re: Why does Vanguard use average return iso compound annual

But harmonic mean? Seriously, who uses that? Pilots. At least transoceanic pilots, even if unconsciously. Pilots, or more likely their own-board flight management systems, calculate a position along any course that traverses areas without emergency landing fields available (oceans, great deserts, T...
by Lee Saage
Mon Feb 03, 2014 1:49 pm
Forum: Investing - Theory, News & General
Topic: John Bogle’s Epiphany Changes The World
Replies: 20
Views: 2781

Re: John Bogle’s Epiphany Changes The World

Nice article, Rick. Sort of reads like the abstract for a biography.
by Lee Saage
Sun Jan 12, 2014 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 613
Views: 91493

Re: High Earners - What's Your Profession?

Full-time civil engineer, part-time pilot.
by Lee Saage
Tue Dec 31, 2013 3:14 pm
Forum: Personal Consumer Issues
Topic: "Cheapskate of the Year"
Replies: 87
Views: 11595

Re: "Cheapskate of the Year"

Started bringing my lunch and a thermos of coffee to work each day, avoiding Arlequin and Peet's. Saving about $2,500 per year.
by Lee Saage
Thu Dec 26, 2013 1:31 pm
Forum: Personal Consumer Issues
Topic: Stressless Recliners
Replies: 30
Views: 17064

Re: Stressless Recliners

I bought a new Stressless recliner with ottoman in 1985 and still sit in it as my primary nest every day. I had it recovered in new leather about six years ago. The frame and mechanicals are still in perfect condition. Several years ago I suffered a back and shoulder injury from a cycling accident. ...
by Lee Saage
Wed Oct 02, 2013 3:40 pm
Forum: Personal Consumer Issues
Topic: WSJ Wine anyone?
Replies: 22
Views: 22834

Re: WSJ Wine anyone?

I ordered a case when WSJ first began the promotion a few years ago. Never received the wine and much effort and time were required to get a refund, including filing a dispute with the credit card company.
by Lee Saage
Tue Sep 24, 2013 6:00 pm
Forum: Investing - Theory, News & General
Topic: Claim that 50/50 portfolio is not balanced?
Replies: 57
Views: 7359

Re: Claim that 50/50 portfolio is not balanced?

Rick Ferri has written:

My investment motto is: there is risk, there is return, and there are costs, all else is marketing.


Truth, that.
by Lee Saage
Thu Aug 08, 2013 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Rewards Credit Cards
Replies: 76
Views: 154656

Re: Cash Rewards Credit Cards

I have used, and been extraordinarily happy with, CapitalOne cards for years and years. Their Quicksilver card is 1.5% cash back on everything. This is the highest overall (i.e., no rotating categories) reward rate that you can receive without opening a financial account at an institution (e.g., Fi...
by Lee Saage
Fri Jul 26, 2013 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Changing savings account in search for higher yield
Replies: 20
Views: 2155

Re: Changing savings account in search for higher yield

We have Amex high-yield savings and it's been fine. Easy funds transfer to and from the bank. There was a brief hiccup with Mint (if that is an issue) when Amex changed its online security protocol but was fixed in about a week. That in no way affected use of the account, just Mint's ability to incl...
by Lee Saage
Tue Jul 09, 2013 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Help with purchasing Travel Insurance
Replies: 16
Views: 2379

Re: Help with purchasing Travel Insurance

We did an expense trip last year and purchased insurance through http://www.travelinsured.com . The trip cancellation part of the coverage can be pretty much whatever you have, or plan to have , invested: air fare, ground travel, non-refundable hotel deposits and such. The medical evacuation coverag...
by Lee Saage
Thu Apr 11, 2013 8:42 pm
Forum: Investing - Theory, News & General
Topic: "Bond Market Bubble?"
Replies: 52
Views: 4958

Re: "Bond Market Bubble?"

Data from the NY Fed show that the federal funds rate in June 2003 was 1.0% and increased steadily over the next three years to 5.25%. This frightening run up in interest rates caused the Vanguard Total Bond Fund to turn in a total return of only around 8% over this period (best-guess using the date...
by Lee Saage
Mon Apr 08, 2013 2:35 pm
Forum: Investing - Theory, News & General
Topic: Why do investors chase dividend paying strategies
Replies: 439
Views: 53667

Re: Why do investors chase dividend paying strategies

larryswedroe wrote:Don't know that I answered your question fully but I hope it helps


Very helpful. Thank you.
by Lee Saage
Mon Apr 08, 2013 12:53 pm
Forum: Investing - Theory, News & General
Topic: Why do investors chase dividend paying strategies
Replies: 439
Views: 53667

Re: Why do investors chase dividend paying strategies

Larry, This topic has been now be discussed at length but I happened upon a post of yours from February last year and would appreciate some clarification. In a thread on what you called, as I recall, "the money illusion" you discussed the origin of what became known as the Fed Model for de...
by Lee Saage
Sun Apr 07, 2013 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Cognitive decline and financial matters
Replies: 65
Views: 5480

Re: Cognitive decline and financial matters

All of which goes to further recommend the life-end-stage management strategy demonstrated in the movie "Second Hand Lions". Of course one would need a barn and a biplane.
by Lee Saage
Wed Apr 03, 2013 12:20 pm
Forum: Personal Consumer Issues
Topic: One night hotel stay in D.C.
Replies: 42
Views: 3780

Re: One night hotel stay in D.C.

My favorite hotel in DC is the Omni Shoreham. It's a bit old fashioned, has lovely rooms with lots of wood paneling, coved ceilings. impeccable service and a very good breakfast buffet. The hotel usually offers a number of discounts - AAA, government, military and others. It's close to a Metro stop....
by Lee Saage
Wed Mar 13, 2013 2:11 pm
Forum: Personal Consumer Issues
Topic: New Auto: One payment lease vs. buy outright?
Replies: 12
Views: 7262

Re: New Auto: One payment lease vs. buy outright?

btenny wrote:Heh Lee. What about beautiful women?

Bill


What do you think I meant by "fast living"? But I married the most beautiful woman so all my sins are in the past.
by Lee Saage
Tue Mar 12, 2013 4:15 pm
Forum: Personal Consumer Issues
Topic: New Auto: One payment lease vs. buy outright?
Replies: 12
Views: 7262

Re: New Auto: One payment lease vs. buy outright?

If you plan to keep the car for only three years irrespective of means of acquisition then a lease, one payment or many, might make sense. In California, for instance, sales tax is assessed on the full purchase price (when buying) even if there were a trade in. In some states, only the net cost afte...
by Lee Saage
Wed Mar 06, 2013 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Need help creating bonus criteria for myself
Replies: 6
Views: 403

Re: Need help creating bonus criteria for myself

One of the schemes used by some of my more creative folks is to include as a goal completing one of those advanced training classes. Sort of accomplishes both objectives.
by Lee Saage
Sat Nov 03, 2012 3:25 pm
Forum: Forum Issues and Administration
Topic: [merged donation threads] Dear Bogleheads - time to pony up
Replies: 277
Views: 20797

Re: Dear Bogleheads - time to pony up

I'm in. Site makes it easy peasy to donate.
by Lee Saage
Mon Oct 22, 2012 4:47 pm
Forum: Local Chapters and Bogleheads Community
Topic: A Space Shuttle on the Streets of Los Angeles
Replies: 6
Views: 923

Re: A Space Shuttle on the Streets of Los Angeles

Kind of puts me in mind of the scene in Space Cowboys when Hawk shows Sara the SR-71 he flew in the Air Force: SR-71. This is what an airplane's supposed to be; Ugly on the ground, Leaks like a sieve, And up around mach one, The seals all expand, She dries up, leans into the wind, And flies like a b...
by Lee Saage
Sun Sep 30, 2012 2:43 pm
Forum: Personal Consumer Issues
Topic: American Airlines: upcoming int'l travel, what to do?
Replies: 39
Views: 2775

Re: American Airlines: upcoming int'l travel, what to do?

My concerns are more safety-related ... There is likely a higher probability of airline-induced misery on American these days but of all the things you might choose to worry about, safety should not be one of them. At least not safety of the flight. The crews on U.S. flagged major airlines are simp...
by Lee Saage
Mon Sep 24, 2012 7:02 pm
Forum: Personal Consumer Issues
Topic: Old Pulteney 21-year-old Single Malt Whisky
Replies: 12
Views: 2071

Re: Old Pulteney 21-year-old Single Malt Whisky

I am not usually a Scotch drinker (at least, I wasn't) but came into a bottle of 15-year-old Gordon & MacPhail single malt that actually caused the heavens to open and angels to sing. This single malt tastes nothing like the blends I've tried in the past. For you aficionados, is this stuff any g...
by Lee Saage
Tue Sep 18, 2012 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Charges for Foreign Transactions
Replies: 19
Views: 42513

Re: Credit Card Charges for Foreign Transactions

We're doing a fairly extensive European trip beginning late November and called Chase to politely ask if they would waive the 3% foreign transaction fee on our Chase Freedom cards. Given that my wife has been saving up to do serious shopping on this trip for some time, I suggested that the merchant ...
by Lee Saage
Sun Sep 16, 2012 5:38 pm
Forum: Forum Issues and Administration
Topic: Welcome new Advisory Board members
Replies: 16
Views: 2776

Re: Welcome new Advisory Board members

Alex has done a great job with this board. It is to his credit, as well as to the credit of other moderators, officers and board members, that such care is being taken and so much effort is being invested to establish such a thoughtful governance system. Well done and thank you. I will, however, be ...
by Lee Saage
Mon Sep 03, 2012 4:27 pm
Forum: Personal Consumer Issues
Topic: Car Buying Advice: 2012 Camry vs Sonata vs Passat vs Altima
Replies: 31
Views: 3616

Re: Car Buying Advice: 2012 Camry vs Sonata vs Passat vs Alt

We have a 2009 Passat that has been comfortable and nice to drive. It was trouble free until the 3-year warranty ran out. Parts are expensive. Replacement of a bad electrically operated parking brake switch at the VW dealer cost $355. The key is not a key any more but a "transponder". Lost...
by Lee Saage
Thu Aug 30, 2012 2:22 pm
Forum: Investing - Theory, News & General
Topic: The Next 10 Years
Replies: 47
Views: 5859

Re: The Next 10 Years

FabLab wrote:From your picture, I thought you were younger than 54 :D


Time spent aloft is not deducted from the allotted total. Rick's off-planet time in the Marine Corp did not, therefore, advance his physical age.