Search found 4516 matches

by mickeyd
Tue May 15, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Do I tell Social Security I retired?
Replies: 32
Views: 3938

Re: Do I tell Social Security I retired?

I'll be eligible for benefits in January, still haven't decided to start then or not.
Delay that as long as possible. The longer the delay, the more the pay.
by mickeyd
Tue May 15, 2018 3:41 pm
Forum: Local Chapters and Bogleheads Community
Topic: How did you fall in love with investing?
Replies: 49
Views: 2662

Re: How did you fall in love with investing?

I have no love for investing, but I do appreciate the process and respect what I receive from the markets that I have chosen to participate in. As Jack Bogle has often said, I only want what the markets is willing to give me.
by mickeyd
Sat May 12, 2018 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 22602

Re: Lucrative careers?

Seems to be a huge demand for anything cyber security.
by mickeyd
Sat May 12, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 150
Views: 11485

Re: New(ish) attending physicians in the Bay Area: Housing

BH's in the bay area are dealing with housing
Which "bay area" are you referring to "Tampa bay" "Corpus Christi bay"?
by mickeyd
Sat May 12, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Getting Bombarded With Medicare Mailings!
Replies: 16
Views: 889

Re: Getting Bombarded With Medicare Mailings!

I am getting bombarded with mailings from insurance companies and "seminar" invites regarding Medicare Congratulations, you have just entered the Twilight Zone! You will continue to receive many invites in the future to include burial opportunities, retirement planning seminars, Medicare purchase o...
by mickeyd
Fri May 04, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Continuing Care facility - shielding some assets for the kids
Replies: 37
Views: 3849

Re: Continuing Care facility - shielding some assets for the kids

The CCRCs that we have visited were all 501(C)3 non-profit organizations. Are all CCRCs non-profit?
by mickeyd
Sun Apr 22, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 9380

Re: Boglehead Philosophy Open To Change?

After being a Boglehead for 10 years +/-, my current philosophy is :

Keep it simple (simplicity) and stay the course.
by mickeyd
Tue Apr 17, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 98
Views: 11713

Re: We crush stock indexes, Yale claims

Good for Yale and Dave Swensen's smarty-pants team of professionals. There are many funds and institutions that have active investing that beats my dumb index fund AA.

I'm OK with all of that.
by mickeyd
Tue Apr 17, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: N.Y. Attorney General Forces Vanguard, BlackRock, Others To Disclose Active Share
Replies: 5
Views: 1160

N.Y. Attorney General Forces Vanguard, BlackRock, Others To Disclose Active Share

I'm an index investor so this activity does not appear to directly affect my investments, though others who have VG active funds may find it interesting. Active share measures an active mutual fund’s overlap with an underlying index. The mutual fund firms that have agreed to publish active share inf...
by mickeyd
Sat Apr 14, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: Delta Dental through AARP vs. Direct
Replies: 7
Views: 980

Re: Delta Dental through AARP vs. Direct

As noted here many times, dental "insurance" is really a prepaid plan. Some can beat the insurance company in the short run, but most folks find it better to just pay cash for the service and be done with it.
by mickeyd
Sat Apr 14, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 22710

Re: Anyone Deleting Facebook?

Sen. Hatch: Mr. Zuckerberg, how do you make money on this site?

M. Zuckerberg: Advertising.
by mickeyd
Wed Apr 11, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 22710

Re: Anyone Deleting Facebook?

I have never signed up for Facebook. So there's that.
by mickeyd
Mon Apr 09, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Check Clearing Time
Replies: 7
Views: 529

Re: USAA Check Clearing Time

I have banked with USAA for 30+ years and my deposits ate usually available within 24 hours or so. Check your "Available Balance" tab and that shows the true amount you can spend today.
by mickeyd
Mon Apr 09, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Money Market Funds
Replies: 13
Views: 2365

Re: Money Market Funds

Noobie question please: Is a Treasury Money Market 🦅safer than Prime Money Market :?: It's still not FDIC , but I think someone else on this board posted that it's more solid. Thanks in advance. TNNF is safer than PMMF, but with a little risk, PMMF is usually the preferred MMF here. PMMF has yet to...
by mickeyd
Sat Apr 07, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Watch
Replies: 7
Views: 714

Re: Portfolio Watch

I have never used the PW feature @ VG. Thanks for bringing it up. I think I will play with it the next time I am in my account.
by mickeyd
Sat Apr 07, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 12145

Re: What is your AA, given your age? and, Why?

When I initially began investing with VG I had a 90/10 AA. After numerous adjustments and life changing events (retirement, RMD, SS, pensions) we are now perched with a 45/45/10 AA.

@ age 73, simplicity rules!
by mickeyd
Sat Apr 07, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Money Market Funds
Replies: 13
Views: 2365

Money Market Funds

VG wants us to consider stashing our cash in a MMF. Under current conditions that looks like a pretty sane way to invest our cash. PMMF is yielding 1.73% the last time that I checked. Ally online savings will get you only 1.45% APY. Why invest in money market funds now? Because interest rates are ri...
by mickeyd
Thu Apr 05, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: A Boglehead: one year later
Replies: 9
Views: 2340

Re: A Boglehead: one year later

Would love any advice, tips, things that catch your eye, etc. based on my current goals and updates!
Great plan. Let us know when you join to two-comma gang.
by mickeyd
Thu Apr 05, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: JAMA article's health implications for asset allocation
Replies: 43
Views: 3635

Re: JAMA article's health implications for asset allocation

Since cranking my AA from 60/40 to 45/45/10 a few years ago, along with beginning to take my pensions and SS (@70), my mental health (and sleep patterns) has been wonderful. Simplicity adjustments in my AA (cutting loose risky bets) has eased much of the volatility that the markets have been experie...
by mickeyd
Wed Apr 04, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing-How should I take advantage of the market drop?
Replies: 4
Views: 431

Re: New to investing-How should I take advantage of the market drop?

I would now like to get this money doing more for me Vague ideas like this indicate that you really need to take the advice of David and others above and formulate a plan and then follow that plan for long-term favorable investment results. As Dr. Bernstein has often written, "Dieting and investing...
by mickeyd
Wed Apr 04, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Camry. What's wrong with me?
Replies: 99
Views: 5735

Re: 2018 Camry. What's wrong with me?

The last time that I got excited about a newly purchased car was a long time ago when I was about 23 YO and driving an Austin-Healy 3000 (a car that was not a Corvette, my fav). I got that car out of my system, and now favor a Camry even though I could afford to buy a Corvette or two today.
by mickeyd
Tue Apr 03, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Where Nobel Economists Put Their Money
Replies: 19
Views: 4569

Re: Where Nobel Economists Put Their Money

(apologies, I am vague on the distinction between TIAA & CREF thus may not have the names right) The way that I understand it TIAA stands for Teachers Insurance & Annuity Assoc. and has dealt with educators and researchers. CREF stands for College Retirement Equities Fund and was reserved for unive...
by mickeyd
Mon Apr 02, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Indexing Fuss Unwarranted
Replies: 16
Views: 2685

Re: Larry Swedroe: Indexing Fuss Unwarranted

Thanks for that link Dave. Passive investors are “free riders.” They receive all the benefits from the role that active managers play in making the financial markets efficient without having to pay their costs. This is a point that we passive investors often fail to account for. Giddiup free riders!
by mickeyd
Mon Apr 02, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: POLL: Breaking up with advisor
Replies: 54
Views: 7304

Re: POLL: Breaking up with advisor

I've never found it necessary, or pragmatic, to share my stash with an advisor. No advisor has more of an interest in the success of my investment program than I do. There are plenty of resources around to DIY with great success.
by mickeyd
Mon Apr 02, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Percentage to Retirement
Replies: 13
Views: 2086

Re: Percentage to Retirement

Do not put a cap on your retirement savings. I recommend that you stash as much as you can in as many places as you can locate. If you insist on letting percentages drive your savings effort, make the percentages be your minimum contribution to your effort.
by mickeyd
Mon Apr 02, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: Where Nobel Economists Put Their Money
Replies: 19
Views: 4569

Re: Where Nobel Economists Put Their Money

“A lot of wealth is gone, and there is no reason for it to come back.”

I note that this article was dated 10/8/2008. None of my 2008 wealth was gone, it was just hiding in the market. I did not panic, and low and behold, my wealth has expanded quite a bit in the last 10 years.
by mickeyd
Mon Apr 02, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: “We’re not making enough money off you”
Replies: 62
Views: 10932

Re: “We’re not making enough money off you”

I am shocked, shocked, that financial institutions are admitting that they are in this for the money!
by mickeyd
Mon Apr 02, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: William Bernstein: Retirement Investing and Spending in two easy steps
Replies: 77
Views: 9347

Re: William Bernstein: Retirement Investing and Spending in two easy steps

All you really need to do is follow step one closely and the rest will fall into place with ease.
by mickeyd
Mon Mar 26, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Kiplingers Retirement Report
Replies: 17
Views: 3376

Re: Kiplingers Retirement Report

It's free @ my public library.
by mickeyd
Mon Mar 26, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Parking Business Cash - WHERE?
Replies: 21
Views: 2698

Re: Parking Business Cash - WHERE?

PMMF is yielding 1.63% that last time I checked. It has been increasing recently, if that helps.
by mickeyd
Thu Mar 22, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Which VG Short Term Bond???
Replies: 7
Views: 952

Re: Which VG Short Term Bond???

I agree that the PMMF is a good place to park your cash for now. In the meantime, take some time to learn about ST bond funds and see if they fit your needs. As mentioned before, VG has many bond funds, perhaps one will be perfect for your needs.

Good luck.
by mickeyd
Thu Mar 22, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 2283

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

I was a USAA MF investor for a few years since I am a long-time bank and insurance member. As soon as I learned that VG was a much better deal (lower ER), I quickly moved all of my investments to VG. USAA can not compete with VG when it comes to mutual funds. I am still loyal to USAA, but I am more ...
by mickeyd
Fri Mar 16, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: Geico insurance rate increase: 26.24% APY?
Replies: 75
Views: 12251

Re: Geico insurance rate increase: 26.24% APY?

I notice that most (all?) auto insurance commercials that I see on TV claim that they can save YOU $500-$700 annually. How can they know so much about me without me answering even one question? Easy if they offer the first year coverage as a loss-leader. Do they ever mention anything about year 2 or...
by mickeyd
Fri Mar 16, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: How does everyone here earn so much?
Replies: 131
Views: 7297

Re: How does everyone here earn so much?

High Compensation + High Consumption often ends up with less than Save Early + Save Often (+being a Boglehead).
by mickeyd
Wed Mar 14, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Met with School 403(b) Adviser: Need Clarification
Replies: 35
Views: 2104

Re: Met with School 403(b) Adviser: Need Clarification

When I ask why they chose Company X, the answer is always, "because that is the representative that showed up''
As an ex-salesman, this gets me to chuckling.
by mickeyd
Wed Mar 07, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Educational Opportunities
Replies: 11
Views: 992

Re: Boglehead Educational Opportunities

Has anyone worked up a more formal way?
What is there to learn other than reading this Boglehead place? There may be a squirrely course or two at random universities that may teach a course in indexing and other BH ways, but I doubt that you will find much more.
by mickeyd
Wed Mar 07, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard reinvestment questions.
Replies: 12
Views: 1028

Re: Vanguard reinvestment questions.

After it is open, you can direct the divs to the new fund. Thanks. How exactly do you do this? Do the dividends accumulate in a separate account, which is then able to be direct elsewhere? You could park the funds in the Prime MMF that is currently yielding over 1.50%. When your fund (PMMF) reaches...
by mickeyd
Tue Mar 06, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard reinvestment questions.
Replies: 12
Views: 1028

Re: Vanguard reinvestment questions.

question is: am I able to buy other products from Vanguard with the annual dividends You probably will need to meet the minimum that the "new" fund requires. Unless you have a really large S&P 500 fund investment and large amount of quarterly dividends, you will need more money to open an additiona...
by mickeyd
Tue Mar 06, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: COBRA grace period concerns
Replies: 14
Views: 1204

Re: COBRA grace period concerns

What I want to do is use the COBRA grace period for 3 months
I used to administer COBRA for a bunch of companies and have not kept up with all of the changes since I left. Pay the first 3 months of COBRA premium and terminate it after you get your new coverage.
by mickeyd
Sat Mar 03, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Safe to File Income Tax Now?
Replies: 13
Views: 1155

Re: Safe to File Income Tax Now?

I filed for my FIT refund last Saturday 2-24 using TT Premier and received it in my checking account yesterday 3/2.
by mickeyd
Sat Feb 24, 2018 4:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 315
Views: 31058

Re: Post your Financial Milestone Announcements Here

My most recent application to the three-comma-club was rejected out of hand by those snooty Xastards at their HQ. Evidently early applications are not accepted. :annoyed
by mickeyd
Sat Feb 24, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 186
Views: 24786

Re: TurboTax Prices

I purchased TT Premier (online, download) from USAA for $44.99 (+sales tax) today.
by mickeyd
Thu Feb 22, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: The Final Frontier...just did my own taxes!
Replies: 14
Views: 895

Re: The Final Frontier...just did my own taxes!

Been doing my own for a long time. I began TT about 10 years ago (Free from VG). Prior to that I did it the old fashioned way via stubby pencil work. Along the way I have learned a lot about taxes. Still use TT even though it's not free any more at VG.
by mickeyd
Sun Feb 18, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Auto Shady Practice?
Replies: 31
Views: 2455

Re: GEICO Auto Shady Practice?

GEICO? Isn't that one of Warren Buffet's cash cows?
by mickeyd
Thu Feb 15, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 6772

Re: Work-out schedule for those in 60s

I'm age 73. Hope if it's OK to respond to "60s" thread. I go to a gym at a near-by military base daily. I work on all parts of my frame each day for about an hour or so. Most of the others that are present when I work out each AM are in their 20's. I have been advised on many occasions that my daily...
by mickeyd
Thu Feb 15, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 288
Views: 21071

Re: free dinner investing seminar

My wife and I have no need of such help, so simply thanked them after enjoying our dinner. As others have mentioned, the follow up form did not include a "not interested" box, but they provided verbal guidance to just write "I'm good" on the form if we had no interest in further engagements. These ...
by mickeyd
Wed Feb 14, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 4442

Re: Going Paperless Issues

Vanguard would charge for paper statements, so not paying a fee is just as good.
I don't believe that VG is charging me any more for the paper statements that I receive.