Search found 22 matches

by cyfairslam
Thu Sep 26, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: Wall mount the TV, or use a TV stand?
Replies: 20
Views: 1760

Re: Wall mount the TV, or use a TV stand?

I just installed a wall mount for my living room TV about 6 months ago now. The TV had been on a TV stand prior to that point. The wall mount allowed me to put the TV at a small angle from vertical to removed glare from room lights. It made a world of difference in able to see the TV. You may not ha...
by cyfairslam
Wed Sep 18, 2019 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads in Oil and Gas?
Replies: 38
Views: 3198

Re: Bogleheads in Oil and Gas?

I am about to end my 41+ career in the oil industry on the upstream side. It is a cyclical industry. I survived the 80s without leaving the industry and this last downturn in oil prices as I was very fortunate. However, there were many top notch professionals that were out of work for an extended pe...
by cyfairslam
Tue Feb 12, 2019 9:03 am
Forum: Personal Investments
Topic: Holding too much cash now?
Replies: 34
Views: 4238

Re: Holding too much cash now?

I am in a similar situation except I have: 2 years of living expenses in cash earning about 2% and 7+ years of living expenses in bonds and bond funds that are short term earning about 3% per year. I plan to retire in about 2 years. I really don't care that I may not be earning the maximum that I co...
by cyfairslam
Tue Feb 12, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: How do I keep from becoming irrelevant
Replies: 57
Views: 7869

Re: How do I keep from becoming irrelevant

You will never be irrelevant. A lot of good advice here. I would just add that you should try to have your retirement saving completely funded by age 55. I am not saying you should retire at 55 but be ready to work off and on or at a wage reduction until you are ready to retire. I have seen too many...
by cyfairslam
Thu Feb 07, 2019 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Pension valuation: is $100 really worth $18,000?
Replies: 87
Views: 8354

Re: Pension valuation: is $100 really worth $18,000?

Most financial planners state that you can safely assume a 4% withdraw rate for your present retirement assets that will give you a lifetime of income. So if you had $1.0M you could count on $40K per year assuming you had invested the money in a reasonable manner. So basically: (yearly withdraw rate...
by cyfairslam
Thu Jan 24, 2019 1:10 pm
Forum: Investing - Theory, News & General
Topic: VCIT Rising
Replies: 17
Views: 1477

Re: VCIT Rising

VCIT is rising because interest rates have been falling. It appears the FED will not be raising interest rates much over the next year. There is an economic slow down in China and Europe. Some think there is a slow down or even a recession coming in the near future for the US. Steady or lower intere...
by cyfairslam
Wed Dec 12, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Stock/Securities Backed Loan
Replies: 1
Views: 150

Stock/Securities Backed Loan

I am considering purchasing a house in the near future. I am near retirement but still working. I plan to get a loan/mortgage for about 30-40% of the purchase price of the new house. I would rather not sell my stock at this time for the purchase of the house. My after tax portfolio is about 2.5 time...
by cyfairslam
Mon Oct 29, 2018 12:25 pm
Forum: Personal Investments
Topic: Retirment Wealth Management
Replies: 3
Views: 881

Retirment Wealth Management

I just recently met with a retirement wealth management company. I had heard good things about this company and after meeting with them felt very positive about their competency, approach to retirement wealth management and ethics. Their advisory feel seemed reasonable at .7 to .65 percent. They wer...
by cyfairslam
Wed Sep 26, 2018 10:08 am
Forum: Personal Investments
Topic: Cash Accounts Help
Replies: 7
Views: 779

Re: Cash Accounts Help

No state income tax ......Texas.
by cyfairslam
Wed Sep 26, 2018 8:37 am
Forum: Personal Investments
Topic: Cash Accounts Help
Replies: 7
Views: 779

Cash Accounts Help

I hope to be retiring soon (2 years) but it could happen quicker than that if my company wishes to want me to leave earlier. I am in great shape for retirement as the wife and I have a couple of small pensions plus we have save quite a bit for retirement as well, in both pretax and after tax account...
by cyfairslam
Mon Feb 26, 2018 8:15 am
Forum: Personal Investments
Topic: Laid off 3 years before plan, should I retire anyway?
Replies: 59
Views: 7298

Re: Laid off 3 years before plan, should I retire anyway?

I would work some, potentially part time if possible. When I say I would, I really am. It appears a little tight for you right now. If you can just work enough that you don't need to pull from your savings, that would be the goal. Anytime you don't need to take from your investments prior to taking ...
by cyfairslam
Tue Feb 13, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Medical Lab Fees - Not Covered
Replies: 13
Views: 1861

Medical Lab Fees - Not Covered

I and my family have had a number of medical doctor visits over the last year. I go to the medical practice that is within my plan. (Aetna) The doctor performs his work under the cost structure of the Aetna plan. However, I will receive bills from labs etc. months after my visit/procedure. Is there ...
by cyfairslam
Wed Dec 13, 2017 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Files Corrupting Often-Anyone else?
Replies: 7
Views: 1284

Re: Quicken Files Corrupting Often-Anyone else?

I have not had a problem with file corruption and I have been using the same file for 8 years. I am getting a few quirks here recently. I believe I have the 2016 version. When I download transactions I have to hit the accept button twice for some reason. This happens about 50% of the time. Also, on ...
by cyfairslam
Wed Dec 13, 2017 1:19 pm
Forum: Personal Investments
Topic: Tax Gain Harvesting
Replies: 31
Views: 3286

Re: Tax Gain Harvesting

Bogleheads, because my income is lower this year and some capital gains I own are large, I've got the idea to tax gain harvest then reinvest those gains right back into their same investment home . I am doing some tax gain harvesting myself right now. One of my positions was bought by another compa...
by cyfairslam
Thu Jun 29, 2017 1:40 pm
Forum: Personal Investments
Topic: Tax Harvesting
Replies: 6
Views: 654

Re: Tax Harvesting

To answer some of the questions: 1. What is pushing me into the 35% bracket is the award of the restricted stock. It is treated as ordinary income when it is awarded to me. I pay taxes on the full value of the stock when it is awarded. 2. I have receive a number of shares over the last 9 years and h...
by cyfairslam
Thu Jun 29, 2017 12:00 pm
Forum: Personal Investments
Topic: Tax Harvesting
Replies: 6
Views: 654

Tax Harvesting

This will be a big year for me financially. I will receive some restricted stock from my company that will push me into the 35% tax bracket. I am considering doing some tax harvesting on some of my company stock. I don't want to accumulate any more of the stock as I have too much already and will se...
by cyfairslam
Tue Sep 13, 2011 1:03 pm
Forum: Personal Consumer Issues
Topic: What's your favorite gaming platform and game?
Replies: 89
Views: 13369

I am an old guy and play Call Of Duty, Black Ops on the Xbox 360.

When I tell my family that I am going to go kill some 12 year olds, they know I will be playing Call of Duty.
by cyfairslam
Fri May 20, 2011 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Young Bogleheads - does your employer offer a pension?
Replies: 65
Views: 6460

Exxon still has a pension plan in addition to a 401k with matching of various percentages.
by cyfairslam
Mon May 02, 2011 1:01 pm
Forum: Personal Consumer Issues
Topic: Boglehead Golfers Only!
Replies: 28
Views: 3546

I am a member of a private club and love it. It is located just across the street from my subdivision and is less than 2 miles away. It has fitness center and dining as well as 27 holes. If I compare the private club cost to the green fees I would pay at a public course, the public course would be c...
by cyfairslam
Wed Mar 16, 2011 8:38 am
Forum: Investing - Theory, News & General
Topic: 5 Biggest Retirement Myths
Replies: 19
Views: 3108

We look at five myths -- and three hard facts -- about retirement planning Not certain what you mean by that? To me this is somewhat of a sensationalist article that the financial planning community is famous for. Many people do retire with a million in the bank. A couple with full SS and a million...
by cyfairslam
Mon Mar 07, 2011 10:04 am
Forum: Personal Investments
Topic: Pension and SS and portfolio size
Replies: 5
Views: 1462

Your income needs are probably post tax dollars.

Make sure your calculated income dollars are also after taxes.
by cyfairslam
Wed Feb 02, 2011 12:51 pm
Forum: Personal Investments
Topic: BAB (Build America Bond ETF)
Replies: 4
Views: 1360

BAB (Build America Bond ETF)

BAB - Build America Bond ETF

Other than interest rate risk, what are the risks of this fund?
Are any of the bond in the EFT at risk?