Search found 1368 matches

by bengal22
Fri Jul 13, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: When to start taxable?
Replies: 22
Views: 1984

Re: When to start taxable?

I always made my taxable portion of my portfolio my emergency fund. Why lose money on low interest fixed assets.
by bengal22
Fri Jul 13, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9362

Re: When does frugal cross the line to cheapskate?

Somewhere between Target and Wal-Mart
by bengal22
Mon Jun 25, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: New York Times on current yield curve as powerful signal of recession
Replies: 44
Views: 4155

Re: New York Times on current yield curve as powerful signal of recession

When I see an article like this I always wonder if the publication has a vested interest in portraying the viewpoint expressed. Then I go hmmmmm.
by bengal22
Fri Jun 01, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: 15% rate of return in last 15 years can I expect the same in next 16 years
Replies: 39
Views: 4138

Re: 15% rate of return in last 15 years can I expect the same in next 16 years

OP: Can you expect the same returns? Yes!
You are the one that sets your expectations. Should you expect the same return? Probably not. Maybe. Sure.
by bengal22
Tue May 29, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Do you have a monthly household budget?
Replies: 63
Views: 4112

Re: Do you have a monthly household budget?

Never budgeted per se. Every paycheck I always did my giving first, my saving second, my expenses third, and then anything left over went into my savings. But I knew my knowable expenses and if I had to I could dip into my taxable accounts for my unknowable expenses. It worked.
by bengal22
Sun May 20, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: SS Benefits and Medicare Part B Premiums Question
Replies: 9
Views: 1115

Re: SS Benefits and Medicare Part B Premiums Question

Thanks for all the replies and the link to the previous thread. The responses seem pretty consistent in that the monthly SS Benefits check is for the previous month's benefits and that the Part B Premium deduction is for the current month. Now, the next thing I need to figure out is how to pay my n...
by bengal22
Sun May 20, 2018 6:23 am
Forum: Personal Finance (Not Investing)
Topic: SS Benefits and Medicare Part B Premiums Question
Replies: 9
Views: 1115

Re: SS Benefits and Medicare Part B Premiums Question

I went through a similar situation and the good news is that S.S. will make a quick adjustment if your payments overlap and you double pay. I got a check in the mail for 2 months worth of prepaid medicare.
by bengal22
Sat May 19, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Wife Retiring hesitant to roll-over funds to Vanguard
Replies: 36
Views: 2719

Re: Wife Retiring hesitant to roll-over funds to Vanguard

I agree with wife. I would not have all assets at one place. It maybe an emotional decision but one I can live with.
by bengal22
Thu May 17, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: The Executor's Duties
Replies: 13
Views: 1252

Re: The Executor's Duties

My wife was an executor and we did it without a lawyer. Easy to do in Ohio. We did not give ourself an executor fee since it involved wife and 2 sisters. But you can give lawyers their fee and your executor fee and then do the total distribution between those named in will.
by bengal22
Thu May 17, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Should I Pay Off My Mortgage When I Retire?
Replies: 49
Views: 3873

Re: Should I Pay Off My Mortgage When I Retire?

There is no Right or Wrong answer. If you are one that is emotionally opposed to having a mortgage pay it off. I am retired and have a mortgage that is about 5% of my invested assets. I have no problem sleeping at night.
by bengal22
Wed May 09, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5819

Re: What's the view on dogs running free?

It wont stop bothering you regardless of replies here. Put up a fence.
by bengal22
Mon May 07, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 6487

Re: When to buy new underwear?

Jack Reacher just throws them away and buys new ones every time.
by bengal22
Mon May 07, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: When did you start drawing profits from taxable?
Replies: 48
Views: 3539

Re: When did you start drawing profits from taxable?

I tapped into my "taxable" portion of my portfolio when the kids went to college. I was able to self-fund their college through their contribution, my salary, and my taxable assets. Now that I am retired but not drawing S.S.(other than spousal through my wife) or doing RMD's, I use my taxable assets...
by bengal22
Mon May 07, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: Anyone from Dayton,OH area-?'s
Replies: 21
Views: 1415

Re: Anyone from Dayton,OH area-?'s

No need for snow tires in Dayton, Ohio.

Anywhere along the 675 corridor is best location - Beavercreek, Bellbrook, Centerville, Springboro

second the recommendation for Pine Club.

Dewey's for Pizza, Graeter's for Ice Cream, and Mikesell for Tater Chips are all good recommendations.
by bengal22
Sat May 05, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: What do you pay baby sitters?
Replies: 53
Views: 5292

Re: What do you pay baby sitters?

We don't charge to babysit grandkids. And we buy the ice cream.
by bengal22
Thu May 03, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring an executor
Replies: 7
Views: 743

Re: Hiring an executor

I'll do it. Easy money for a non family person.
by bengal22
Thu May 03, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help with post retirement IRA portfolio
Replies: 14
Views: 1298

Re: Help with post retirement IRA portfolio

The first thing I always look at is expected expenses vs. expected income. It maybe worth your while to calculate those numbers. Pension and social security I assume are the biggest portion of your retirement income. I assume you already have about 80% of your expected expenses covered so with your ...
by bengal22
Wed May 02, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: Not Wasting Food
Replies: 60
Views: 3786

Re: Not Wasting Food

We only buy Ice Cream.
by bengal22
Wed May 02, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Suit for a traveling man, probably not bespoke
Replies: 15
Views: 1727

Re: Suit for a traveling man, probably not bespoke

Where is the Munchkin Man when you need him the most? He could retell his experience in buying a belt, pants, and suit.
by bengal22
Tue May 01, 2018 8:37 pm
Forum: Personal Consumer Issues
Topic: Asheville, NC Visit
Replies: 20
Views: 1955

Re: Asheville, NC Visit

thomas wolfe house
by bengal22
Mon Apr 30, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Include dividends/interest in savings rate calculation ?
Replies: 26
Views: 1586

Re: Include dividends/interest in savings rate calculation ?

Not sure why one would need to know one's saving rate, but if one need's to know their savings rate it seems like it would be amount saved/amount earned. The only caveat I would add would be that if you have a company matching for your 401, I would include that in your saving rate.
by bengal22
Thu Apr 19, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 16440

Re: Is Los Angeles a good place long term to live financially?

VictoriaF wrote:
Tue Apr 17, 2018 5:08 pm
GrayS26 wrote:
Tue Apr 17, 2018 3:55 pm

3. Find a beautiful woman to marry who has a high net worth, and hopefully being in a big city like LA I’d find someone
The best market for beautiful rich women is New York City. If you are any good, organize an auction.

Victoria
Do people still marry for money?
by bengal22
Wed Apr 18, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Please help me with arguments for/against actively managed...
Replies: 34
Views: 2041

Re: Please help me with arguments for/against actively managed...

It all boils down to expense ratio and the inability to predict the market. So if everyone has an equal ability to match market the only differentiation is expense ratio. Ergo index funds are the best way to go.
by bengal22
Tue Apr 17, 2018 5:28 pm
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 7051

Re: Your Money Or Your Life

As Jack Benny said, "I'm thinking."
by bengal22
Sat Apr 14, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: Delta Dental through AARP vs. Direct
Replies: 7
Views: 1011

Re: Delta Dental through AARP vs. Direct

I have found that the negotiated prices with Delta Dental make it worth while to have. Of course, if you just have cleanings and annual X Ray then you are better off paying cash.
by bengal22
Wed Apr 11, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3442

Re: Anyone tried a sunrise alarm clock?

What's a "sunrise alarm clock"? The clock we have in our bedroom is a digital clock-radio with an old-style 30-pin Apple port on which we have docked an iPod containing wake-up music. It fires when the alarm time hits. It's an alarm clock that simulates the sunrise in your room as it has a large bu...
by bengal22
Tue Apr 10, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: Periodontist at fault?
Replies: 33
Views: 3536

Re: Periodontist at fault?

Since dentist normally do crowns I would assume your dentist did your crown. If so, it seems to be his issue. If the Periodontist did the crown then maybe he did something wrong. Both should have known it was abcessed. But how do you prove? I would switch both dentist and Periodontist if they won't ...
by bengal22
Sun Apr 08, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about filing taxes for deceased relative
Replies: 7
Views: 598

Re: Questions about filing taxes for deceased relative

When FIL died we did not have to file personal income tax because all he had was SSA and a little interest. He was below income needed to file. We also did not have to file estate tax because dividends earned during execution of will was not over limit.
by bengal22
Sat Apr 07, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 15912

Re: Parents have zero savings. What can I do?

DanMahowny wrote:
Sat Apr 07, 2018 1:18 pm
livesoft wrote:
Sat Apr 07, 2018 12:23 pm
You can tell them:

Not my monkeys, not my circus.

Or buy them the T-shirt.
Agree 100%
This is his wife's mother right? I hope these are jokes.
by bengal22
Thu Apr 05, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to find a quality Estate Planning Attorney?
Replies: 13
Views: 1235

Re: How to find a quality Estate Planning Attorney?

i would make sure that I really need an estate planning attorney?
by bengal22
Thu Apr 05, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 10272

Re: How Do You Value Your Home for Net Worth Purposes?

You have to begin by asking why you want to know your net worth and what you will use the number for. I've never been able to figure out any actual use for it other than to make me feel good and/or have an answer if someone asks me my net worth. Which I don't think has ever happened, in fact. The u...
by bengal22
Thu Apr 05, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: SS Benefit Calculators?
Replies: 24
Views: 1977

Re: SS Benefit Calculators?

smitcat wrote:
Thu Apr 05, 2018 10:24 am
bengal22 wrote:
Thu Apr 05, 2018 10:15 am
Black rock has a good SSA calculator.
I believe that was retired.
Too bad. That was a good one.
by bengal22
Thu Apr 05, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: SS Benefit Calculators?
Replies: 24
Views: 1977

Re: SS Benefit Calculators?

Black rock has a good SSA calculator.
by bengal22
Wed Apr 04, 2018 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 10272

Re: How Do You Value Your Home for Net Worth Purposes?

I include home value in my net worth. I use a conservative value and also subtract 6% for my cost to sell it. And I put my mortgage loan balance in my liability section. I for one, think that net worth is the most important financial measurement that I track. It is the purest measurement of my fina...
by bengal22
Thu Mar 29, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 10272

Re: How Do You Value Your Home for Net Worth Purposes?

I include home value in my net worth. I use a conservative value and also subtract 6% for my cost to sell it. And I put my mortgage loan balance in my liability section. I for one, think that net worth is the most important financial measurement that I track. It is the purest measurement of my finan...
by bengal22
Thu Mar 29, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 8197

Re: Vanguard in the WSJ today

Error 503 Service Unavailable I couldn't read it. Often we blame Vanguard's issues on growing too fast. Well it really does not take long to reach a human being when you call them. They are just woefully undertrained and are widely inconsistent on skill level. Even when I remind them of their owners...
by bengal22
Wed Mar 28, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Retirees: Do you spend all your "income"?
Replies: 46
Views: 4516

Re: Retirees: Do you spend all your "income"?

spend more than 100% of my income. However, due to appreciation my portfolio has grown very well since retirement. My plan is to always spend more than my income but yet I believe my portfolio will still grow due to market growth. IMO I would include stock appreciation as income but that just one ma...
by bengal22
Sat Mar 24, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: I did it and feel great about it (paid off mortgage)
Replies: 66
Views: 10643

Re: I did it and feel great about it (paid off mortgage)

I have a good feeling knowing that I could pay it off if I wanted to(Mortgage is about 5% of my portfolio) I see no benefit for me to pay it off early.
by bengal22
Sat Mar 24, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 12929

Re: Seasoned bogleheads repressing the thought of lower expected returns

Are seasoned bogleheads on this forum repressing the prospect of hardly positive real returns for the next decade, because its painful to acknowledge? not painful to acknowledge because the one thing we know is that you cannot predict future returns. as long as I match the market I have done the be...
by bengal22
Thu Mar 22, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Which state to file taxes in?
Replies: 14
Views: 978

Re: Which state to file taxes in?

Since he has no income in Illinois he should file state income tax in California. If he has withholding in California he needs to get that reconciled. Even if he did a part-year residency he would put all his income in California so there is really no reason to file in Illinois.
by bengal22
Thu Mar 22, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Spousal Social Security
Replies: 14
Views: 1722

Re: Spousal Social Security

instant replay
by bengal22
Thu Mar 22, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Spousal Social Security
Replies: 14
Views: 1722

Re: Spousal Social Security

I filed a restricted spousal benefit in December and I found the process very easy and my concerns unfounded. I did it online. There is a box to check saying you want a spousal benefit and I also made a brief statement in the comment section. Within a week, I received a phone call to make sure that ...
by bengal22
Thu Mar 22, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Building a bridge to Social Security: When to start?
Replies: 34
Views: 4239

Re: Building a bridge to Social Security: When to start?

I am in a similar situation and I did not build a bridge to social security. There is a cost to parking 5 years worth of anticipated expenses in a cash bucket where it does not grow. I kept my whole portfolio at my desired asset allocation and pulled from my taxable portion when needed. With the cur...
by bengal22
Wed Mar 21, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 136
Views: 12263

Re: What have you baked recently?

Pillsbury's cinnamon rolls
by bengal22
Tue Mar 20, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78092

Re: Netflix, Your Current Favorite Show

D3YO and I love Beat Bugs. Each episode features a Beatle song.
by bengal22
Mon Mar 19, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: How seriously do you take emergency fund advice?
Replies: 29
Views: 1903

Re: How seriously do you take emergency fund advice?

For me... everything has a cost. Having six months... nine months...one year in a bank cash account has a cost. It is money that is not growing at the rate that you would like it to. For me...my emergency fund was my taxable portion of my portfolio. As long as I had enough to weather the "emergencie...
by bengal22
Thu Mar 15, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3128
Views: 955623

Re: What Book Are You Currently Reading? Part VI

Fire and Fury was the other book I finished reading. I didn't want to be the first to report. :) I suspect book is a work of fiction for the most part. In a recent interview , Bannon speaks to the veracity of the book. I mention it only because it's pretty clear Bannon was one of the main contribut...
by bengal22
Mon Mar 12, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: traveling to mexico, should I be concerned?
Replies: 107
Views: 9310

Re: traveling to mexico, should I be concerned?

Traveling to playa del carmen next month.... MDY and I are traveling ...? thanks... PS - What's a MDY? I looked this one up: MDY Acronym Definition MDY Month Day Year MDY Master of Arts in Diplomacy MDY Market Dividend Yield MDY Minimum Detectable Yield I assume he has a Master of Arts in Diplomacy...
by bengal22
Sun Mar 11, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78092

Re: Netflix, Your Current Favorite Show

Love
The Crown
Narcos
House of Cards
Stranger Things

Top 5 for me
by bengal22
Sun Mar 11, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: When doing Dollar Cost Averaging (DCA) does it matter how frequently you put in monies?
Replies: 27
Views: 2062

Re: When doing Dollar Cost Averaging (DCA) does it matter how frequently you put in monies?

If I have a lump sum to invest, I put it all in at once.v

I did my DCA with each pay check.