Search found 6005 matches

by bertilak
Tue Sep 18, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 824
Views: 89314

Re: [What TV Show Have You Recently Watched?]

We recently watched all episodes of Death in Paradise on Netflix once again. These are police stories set in the Caribbean. We thoroughly enjoyed this series. We had forgotten the plots in most cases so they were still mysteries. I enjoy this show, even with all the cast changes. My favorite charac...
by bertilak
Tue Sep 18, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 43
Views: 2223

Re: Bank of America credit card “feature” (be careful with autopay)

Statement balances are the only balance reported to the credit bureaus. Usually within a few days of the close of the billing period. That was my guess. When I called to check, the person I talked to did not seem to understand what I was asking. Since the answer wasn't that important I let it drop.
by bertilak
Tue Sep 18, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 35
Views: 2580

Re: Equity allocation for Flagship clients?

A 50/50 portfolio is very strongly risk-weighted towards stocks, and is a portfolio favoring economic prosperity, given how much more risky stocks are in comparison to bonds. That's one reason why the portfolio that tends to hit the highest Sharpe ratio is more in the 20-30% equity neighborhood. We...
by bertilak
Tue Sep 18, 2018 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 43
Views: 2223

Re: Bank of America credit card “feature” (be careful with autopay)

... but why did you manually pay when you had autopay set up already? I use autopay as a fail-safe mechanism. I pay my credit card balance manually several times a month but have autopay enabled just in case I mess up. But why? AHA! You are questioning "several times a month!" I misunderstood that ...
by bertilak
Tue Sep 18, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 35
Views: 2580

Re: Equity allocation for Flagship clients?

A 50/50 portfolio is very strongly risk-weighted towards stocks, and is a portfolio favoring economic prosperity, given how much more risky stocks are in comparison to bonds. That's one reason why the portfolio that tends to hit the highest Sharpe ratio is more in the 20-30% equity neighborhood. We...
by bertilak
Tue Sep 18, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 43
Views: 2223

Re: Bank of America credit card “feature” (be careful with autopay)

UpperNwGuy wrote:
Tue Sep 18, 2018 7:57 am
But why?
Better answer down-thread. I at first misunderstood the question.
by bertilak
Tue Sep 18, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 43
Views: 2223

Re: Bank of America credit card “feature” (be careful with autopay)

wangarific wrote:
Tue Sep 18, 2018 6:33 am
... but why did you manually pay when you had autopay set up already?
I use autopay as a fail-safe mechanism. I pay my credit card balance manually several times a month (to keep the credit bureaus happy with a low balance) but have autopay enabled just in case I mess up.
by bertilak
Mon Sep 17, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: How to get financially ready for death of parent
Replies: 22
Views: 2449

Re: How to get financially ready for death of parent

Two things that can be a great help: Be sure all investment accounts have beneficiaries defined. Consider having signature authority on an all checking/savings accounts. This is essentially the same as joint ownership. Anything covered by the above need not even be mentioned in a will. I am not 100%...
by bertilak
Mon Sep 17, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 35
Views: 2580

Re: Equity allocation for Flagship clients?

For the last couple of years we have been at 50% equities, and 50% bonds, or close to it. As we progress deeper into retirement, I would not be against allowing our AA to drift upwards to maybe 60% equities. IOW not rebalance by selling equities. From my ISP (about re-balancing): Our 50/50 target a...
by bertilak
Mon Sep 17, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 35
Views: 2580

Re: Equity allocation for Flagship clients?

restingonmylaurels wrote:
Sun Sep 16, 2018 1:43 pm
So I am wondering, for those who are Flagship clients and no longer in the accumulation phase, what equity allocation do you hold (and why)?
50/50
by bertilak
Sat Sep 15, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: How did you decide when to retire?
Replies: 41
Views: 5161

Re: How did you decide when to retire?

How do your total retirement expenses (including income taxes) compare to your total retirement income? That clinched it, along with an analysis of how well my investments would keep up with inflation. But the idea snuck up on me until all of a sudden it was a real consideration. The financial anal...
by bertilak
Sat Sep 15, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: Is home alarm monitoring worth it?
Replies: 56
Views: 3680

Re: Is home alarm monitoring worth it?

In the end, you're just trying to get them to pick a different (easier) target. It's like that joke: Joe and Moe are preparing for a hike in the woods. Moe puts on hiking boots and Joe puts on running shoes. Moe: Joe, why the running shoes? Joe: In case we get chased by a bear. Moe: Even with runni...
by bertilak
Fri Sep 14, 2018 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: What can you homegrown financial management spreadsheet do?
Replies: 21
Views: 1205

Re: What can you homegrown financial management spreadsheet do?

The rest of the workbook imports from Quicken ... Can you expand on how you import from Quicken? I get the raw data for my spreadsheet by downloading a CSV file from Vanguard but there is one asset not in Vanguard, thus requiring manually data entry. The data is in Quicken so perhaps I can improve ...
by bertilak
Fri Sep 14, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: Is home alarm monitoring worth it?
Replies: 56
Views: 3680

Re: Is home alarm monitoring worth it?

Police response time will vary depending on jurisdiction and perhaps location within the jurisdiction. Some communities have diligent police presence, others not so much. So, any experiences you read about on the internet are merely anecdotal. It should also be noted that some communities will fine...
by bertilak
Fri Sep 14, 2018 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: What can you homegrown financial management spreadsheet do?
Replies: 21
Views: 1205

Re: What can you homegrown financial management spreadsheet do?

The rest of the workbook imports from Quicken ... Can you expand on how you import from Quicken? I get the raw data for my spreadsheet by downloading a CSV file from Vanguard but there is one asset not in Vanguard, thus requiring manually data entry. The data is in Quicken so perhaps I can improve ...
by bertilak
Thu Sep 13, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Isn't cap weighting less diversified than equal weighting?
Replies: 72
Views: 2901

Re: Isn't cap weighting less diversified than equal weighting?

Nobody knows if Axon will out perform Apple over a week, month, year. The index only knows what is. I think the Efficient Market Hypothesis (EMH) assumption is that what is , as measured by capitalization weight, represents all investors' combined consensus of what will be , i.e. the future value d...
by bertilak
Thu Sep 13, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: Isn't cap weighting less diversified than equal weighting?
Replies: 72
Views: 2901

Re: Isn't cap weighting less diversified than equal weighting?

Nobody knows if Axon will out perform Apple over a week, month, year. The index only knows what is. I think the Efficient Market Hypothesis (EMH) assumption is that what is , as measured by capitalization weight, represents all investors' combined consensus of what will be , i.e. the future value d...
by bertilak
Wed Sep 12, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]
Replies: 45
Views: 4437

Re: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]

My main concern here would be what happens to you and your heirs if ... +1 The first paragraph of my ISP reads: The purpose of this document is to give guidance to anyone who has taken over the responsibility of managing our investment portfolio. The less guidance needed the better. That's how I me...
by bertilak
Wed Sep 12, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Toilet Makes A Flushing Sound Occasionally
Replies: 37
Views: 2774

Re: Toilet Makes A Flushing Sound Occasionally

Take out the old flapper and bring it to HD for an exact match. Then put the new one in. Problem should be solved. Good luck. I used to do that. Last time I was just about to do the same thing but instead used my cell phone to take a picture. The toilet remained functional while I was about and abo...
by bertilak
Tue Sep 11, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 993111

Re: What Book Are You Currently Reading? Part VI

I just finished Mythos, The Greek Myths Retold by Stphen Fry. For those of you not familiar with Stephen Fry, I'm not quite sure how to describe him. He is British. He is famous for being -- Stephen Fry! He is a "polymath," defined as "a person of great and diversified learning." A Renaissance Man. ...
by bertilak
Sun Sep 09, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 993111

Re: What Book Are You Currently Reading? Part VI

Agree with you as to the Odyssey, read the Emily Wilson translation earlier this year and enjoyed. Now have the Robert Fagles translation of The Iliad. What piqued my interest in re reading Iliad was reading a few months ago the book “Why Homer Matters” by Adam Nicholson. Fascinating history and ex...
by bertilak
Sun Sep 09, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 993111

Re: What Book Are You Currently Reading? Part VI

Started to reread The Iliad. Forgot how violent it is, even though epic poem. Remembered last one I read was translation by Samuel Butler. Remembered how great his novel was. Ended up re reading The Way Of All Flesh, one of my all time favorites. And only reason I got book was cause found a leather...
by bertilak
Sun Sep 09, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 16211

Re: Why Bull Markets Are Dangerous

Rick, thanks for a reminder. I recently find myself wondering if my 50/50 is too timid and slow. I know in my heart 50/50 is about right, but 60/40 is also about right and 70/30 is not very different from 60/40 so why not go for it? Your post reminded me that 50/50 is all I need. If I want excitemen...
by bertilak
Fri Sep 07, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: AARP United Healthcare allows current members to switch (even upgrade)
Replies: 1
Views: 474

Re: AARP United Healthcare allows current members to switch (even upgrade)

Celia, Thanks for the heads up. I have BCBS and figured the rules would be the same for them. They are not. I need to go through an exchange in order to get my retirement health-care benefit (a subsidy) and the exchange said that with BCBS I needed to go through underwriting UNLESS I switch to Human...
by bertilak
Tue Sep 04, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 993111

Re: What Book Are You Currently Reading? Part VI

I'm trying to read The Three Musketeers, by Alexander Dumas, but I think I've bogged down. I just started Count of Monte Cristo (also by Dumas). I'm only at page 16 of 479. So far our hero has been arrested on trumped up charges by someone who will obviously benefit from that. My thoughts so far: I...
by bertilak
Tue Sep 04, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 993111

Re: What Book Are You Currently Reading? Part VI

I'm trying to read The Three Musketeers, by Alexander Dumas, but I think I've bogged down. I just started Count of Monte Cristo (also by Dumas). I'm only at page 16 of 479. So far our hero has been arrested on trumped up charges by someone who will obviously benefit from that. My thoughts so far: I...
by bertilak
Sun Sep 02, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: [Have medical issue - How should I change my investment strategy?]
Replies: 11
Views: 1154

Re: Gout- What works

Who diagnosed the condition?

There are other possible diagnoses with similar symptoms.
by bertilak
Sun Sep 02, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in a Broadway show production
Replies: 28
Views: 2341

Re: Investing in a Broadway show production

First, go see The Producers!
by bertilak
Sun Sep 02, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11096

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Not sure how common this is but I have seen it more than once: using re-balance to mean reallocate.

"Given today's overpriced stocks, should I re-balance into more bonds?"
by bertilak
Fri Aug 31, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate Vanguard's Proposed Plan for my portfolio
Replies: 22
Views: 2186

Re: Evaluate Vanguard's Proposed Plan for my portfolio

Looks overly complex, BUT ...

Your high income may justify all those tax exempt and tax managed funds. The existing position in S&P 500 may justify building it out with extended market instead of trading in the whole thing for total market -- much taxation if done that way.
by bertilak
Mon Aug 27, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Does it make sense to move from VOO to a bucket of stocka
Replies: 13
Views: 1158

Re: Does it make sense to move from VOO to a bucket of stocka

Would it make sense to move some of my portfolio from VOO to a bucket of stocks that have same dividend as VOO but greater growth (this bucket of stocks are a pick from S&P holdings). Thanks in advance for your input. The trouble with this approach (stock picking) is that once you have analyzed the...
by bertilak
Mon Aug 27, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2 factor auth - No longer uses 'secret' questions
Replies: 7
Views: 1227

Re: Vanguard 2 factor auth - No longer uses 'secret' questions

We activated two factor authentication with our vanguard account. When we logon, we receive a 6 digit code via our landline phone. However we notice that one of three secret questions are no longer asked. Have we just substituted one authenticaion (code via phone) for another (secret questions)? Ho...
by bertilak
Sun Aug 26, 2018 7:10 pm
Forum: Personal Consumer Issues
Topic: Your Best Mood Boosting Books (not self-help)
Replies: 29
Views: 2332

Re: Your Best Mood Boosting Books (not self-help)

Here's an off-the-wall recommendation: Rudyard Kipling's Kim . This is not explicitly a "feel good" book, but it makes me feel good whenever I read it, which I do occasionally. In large part, the book is about the relationship between young Kim and the old lama he has joined up with: Here is a passa...
by bertilak
Sat Aug 25, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Strike One, Strike 2, and Now What? Please Help!
Replies: 67
Views: 6660

Re: How Aggressive is Aggressive: Allocation Question

Weigh both sides of the scale. Agreed. One side of the scale usually gets short shrift (aka scant attention). I think it is instructive to look at 80% from the "Russian Roulette" angle, with a 5-bullet cylinder having (only?) one chamber loaded. Is that a game you think it is wise to play? Remember...
by bertilak
Sat Aug 25, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Strike One, Strike 2, and Now What? Please Help!
Replies: 67
Views: 6660

Re: How Aggressive is Aggressive: Allocation Question

Weigh both sides of the scale. Agreed. One side of the scale usually gets short shrift (aka scant attention). I think it is instructive to look at 80% from the "Russian Roulette" angle, with a 5-bullet cylinder having (only?) one chamber loaded. Is that a game you think it is wise to play? Remember...
by bertilak
Fri Aug 24, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3286
Views: 993111

Re: What Book Are You Currently Reading? Part VI

jdb wrote:
Fri Aug 24, 2018 5:04 pm
Yes, it is a Folio Society edition published in London in a type of box. And in amost new condition, wonder if it was ever even opened. Want to find more Folio Society editions of classics. Thanks.
Folio Society is one of my favorite eBay searches.
by bertilak
Thu Aug 23, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard up and running now what?
Replies: 11
Views: 861

Re: Vanguard up and running now what?

fastrak99 wrote:
Thu Aug 23, 2018 5:49 pm
I don't mind paying for some consultation - but don't think I need ongoing oversee for .3% -- unless they can help me get setup and go for just a flat fee ?
Their flat fee is zero!

They will be glad to get you set up. Give them a call.
by bertilak
Thu Aug 23, 2018 6:23 am
Forum: Investing - Help with Personal Investments
Topic: Strike One, Strike 2, and Now What? Please Help!
Replies: 67
Views: 6660

Re: Strike One, Strike 2, and Now What? Please Help!

Now What''s The Next Move: Here are the things I know about myself: I am realizing that I am too emotional with all of this: I am scared of making the wrong decision and missing out---not getting good returns, realizing I paid too much in taxes, paying for fees that I could have avoided. I am also ...
by bertilak
Wed Aug 22, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Need recommendation for home alarm system
Replies: 48
Views: 4266

Re: Need recommendation for home alarm system

Monitoring is 14.99 a month, $24.99 a month if you want cellular access on your phone, text messages, etc. You must use SimpliSafe hardware to have their monitoring. ADT cellular, at $27, is trivially more expensive. That includes the ability to check in on the system remotely via a phone app or ov...
by bertilak
Wed Aug 22, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Need recommendation for home alarm system
Replies: 48
Views: 4266

Re: Need recommendation for home alarm system

I use ADT. Had 'em for years. Recently upgraded from land line to cellular-type call-in. They did the cellular upgrade for free even though it took two techs several hours to do it. The even added a camera for free. I did have to start a 1 year commitment. My old commitment ran out years ago but I d...
by bertilak
Wed Aug 22, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks Vs Bonds Portfolio
Replies: 3
Views: 505

Re: Stocks Vs Bonds Portfolio

Abk911 wrote:
Wed Aug 22, 2018 1:17 pm
The remaining non retirement bit of money (abt 150k) that we have is 80 pct stock (in after tax brokerage) and 20 pct as cash reserve / emergency fund.
What is that $150K being saved/invested for?
by bertilak
Wed Aug 22, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: The Fall of Consumer Reports
Replies: 89
Views: 14846

Re: Consumer Reports ?

The magazine seems to increasingly focus heavily on advocating for what it characterizes as as pro-consumer regulatory activity by the government, implicitly or explicitly exhorting subscribers to engage in corresponding political activity. I used to enjoy the magazine when it simply conducted reas...
by bertilak
Tue Aug 21, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts
Replies: 15
Views: 1791

Re: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts

Aren't I still responsible for any interest/dividends since DOD, which was over a year ago (June 2017)? Trust was disbursed this month. It's unclear to me at what point I would be responsible for claiming any interest/dividend income. It may be that the trust itself is responsible, but that will re...
by bertilak
Mon Aug 20, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts
Replies: 15
Views: 1791

Re: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts

The money arrived in my accounts early this month (August). Yes, taxes are a concern. I don't know how to begin to figure out what my tax liability will be. But I'm aware that I will owe taxes. You should have NO tax liability from an inheritance. Cost basis gets reset to current value at time of d...
by bertilak
Mon Aug 20, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Naive rebalancing question
Replies: 16
Views: 1347

Re: Naive rebalancing question

Extract From my IPS Re-balancing As time goes by, asset percentages will drift away from their targets because different asset classes perform differently over time. There is much discussion about how and when to buy and sell to restore things to their targets. This is called “re-balancing” and is q...
by bertilak
Sun Aug 19, 2018 6:46 pm
Forum: Investing - Theory, News & General
Topic: Which is more diversified? TSM or TSM+value?
Replies: 18
Views: 1448

Re: Which is more diversified? TSM or TSM+value?

In a multifactor world, volatility is no longer the only risk. You could theoretically increase returns AND lower volatility, but only at the expense of increasing some OTHER risk. Diversification, in the modern understanding which embraces multiple kinds of risk, is the process of spreading the to...
by bertilak
Sun Aug 19, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: Good/Cheap Glucose Monitoring System.
Replies: 15
Views: 1267

Re: Good/Cheap Glucose Monitoring System.

I use Contour Next One by Ascensia. From their web page: Established in 2016 through the acquisition of Bayer Diabetes Care by PHC Holdings (formerly known as Panasonic Healthcare Holdings), Ascensia Diabetes Care is a global company dedicated to improving the health and lives of people with diabete...
by bertilak
Sun Aug 19, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 40
Views: 3677

Re: Retirees: Timing your withdrawals

My expenses have not yet settled down to to a regular pattern because of things like major home repairs (septic system, HVAC, foundation problems, gutters, painting exterior trim, etc.) and travel. Every year seems to bring something new! I think my 10 year old house just bumped up on some normal re...