Search found 1395 matches

by bengal22
Sat Oct 20, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Put more than 20% down on a house?
Replies: 24
Views: 1599

Re: Put more than 20% down on a house?

I always did 15 year loans.
by bengal22
Wed Oct 17, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6255

Re: Did you retire because you hit your number?

Never had a formal number but I knew from a napkin calculation that my expected income (ssa, pension) vs. Expected expenses was close enough I did not have to worry.
by bengal22
Mon Oct 15, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3761
Views: 1068732

Re: What Movie Have You Recently Watched?

bengal22 wrote:
Sat Oct 13, 2018 10:12 am
Leave no trace. Got DVD from library. About a vet with PTSD and his daughter. He is unable to live in society but she is starting to want a normal life with people.

Great movie by the director of winter bones
by bengal22
Sat Oct 13, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3761
Views: 1068732

Re: What Movie Have You Recently Watched?

Leave no trace.

Great movie by the director of winter bones
by bengal22
Fri Oct 12, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Dayton, Ohio -- Worth Visiting?
Replies: 39
Views: 2960

Re: Dayton, Ohio -- Worth Visiting?

The OP asked if anyone thought Dayton had some "sketchy areas". I replied yes. You seem to have a different opinion. That's absolutely fine, and how these types of forums work best with readers forming their own opinions based on various replies/perspectives/opinions. Suggest you watch the Frontlin...
by bengal22
Wed Oct 10, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: Dayton, Ohio -- Worth Visiting?
Replies: 39
Views: 2960

Re: Dayton, Ohio -- Worth Visiting?

Thanks for the tips & insights, folks! I appreciate it. Like the poster above me, I also read the Wright Bros. book and think it would be cool to visit the bike shop and Huffman field. Looks like the bike shop is in the dreaded "West Dayton" though, eh? I presume it's not too bad in the daytime? No...
by bengal22
Wed Oct 10, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Dayton, Ohio -- Worth Visiting?
Replies: 39
Views: 2960

Re: Dayton, Ohio -- Worth Visiting?

Ohio’s rate of overdose deaths is the second highest of all US states (only exceeded by West Virginia), and more than double the national rate, and Ohio’s number has tripled since 2010. Large parts of Dayton look like a bombed out urban wasteland. Dayton, in Montgomery County, is among the worst ci...
by bengal22
Tue Oct 02, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (September 2018)
Replies: 4
Views: 593

Re: madsinger monthly report (September 2018)

Thanks madsinger. Benchmarking is very useful for me. I also use vanguard balance index and target retirement 2015 and 2020 to sense check my 55/45 AA.
by bengal22
Mon Oct 01, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4613

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

I have never been asked to upgrade. But under their corporate structure I am considered by their marketing department to be an "owner." Maybe that is why I have not been approached.
by bengal22
Mon Oct 01, 2018 7:57 am
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 137
Views: 12998

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

I for one do not think the legs change in the true 3 legged retirement approach. 1. SSA 2. Pension 3. Income from net assets(rmd's for example). If leg 2 is non existent, then leg 3 has to pick up the slack. There are strategies to maximize leg 1 but that may impact leg 3. In mu case, leg 1 is being...
by bengal22
Mon Oct 01, 2018 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Why is Home Part of NW [Net Worth]
Replies: 98
Views: 6708

Re: Why is Home Part of NW [Net Worth]

My Parents are selling their home and the proceeds will fund about 5 years in an independent living facility. IMHO net worth is the most valuable financial number I track. It is the truest barometer of my financial health. I know that at anytime short of a zombie apocalypse I can convert my home equ...
by bengal22
Fri Sep 28, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 142
Views: 14019

Re: What have you baked recently?

Me and the 4 year old baked Pillsbury cinnamon rolls this morning. 2 year old loved it.
by bengal22
Tue Sep 18, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Does Vanguard's Asset Mix indicator include outside holdings?
Replies: 3
Views: 243

Re: Does Vanguard's Asset Mix indicator include outside holdings?

The portfolio and test tool is great if you need to rebalance or want to change your AA.
by bengal22
Tue Sep 18, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Does Vanguard's Asset Mix indicator include outside holdings?
Replies: 3
Views: 243

Re: Does Vanguard's Asset Mix indicator include outside holdings?

If you go to the portfolio watch and stock tab it will tell you everything included in your asset allocation. If you have added items under outside investment it will be included in your asset allocation.
by bengal22
Fri Aug 24, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22299

Re: Did you celebrate when you finally hit $1m?

Did not celebrate 1st million. But we do celebrate birthdays, Christmas, holidays, being alive, hole in ones, Bengal/Buckeye victories, grandkid accomplishments, etc. It's only money.
by bengal22
Mon Aug 20, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3761
Views: 1068732

Re: What Movie Have You Recently Watched?

bengal22 wrote:
Mon Aug 13, 2018 7:31 pm
Just watched "The Rider." Great movie.
The neat thing about the movie is that it stars the guy that the story line is based on. He is a rodeo star that suffers a serious accident just before the movie starts. There is a real scene where he trains a untrainable wild horse that is fantastic.
by bengal22
Mon Aug 20, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3761
Views: 1068732

Re: What Movie Have You Recently Watched?

bengal22 wrote:
Mon Aug 13, 2018 7:31 pm
Just watched "The Rider." Great movie.
The neat thing about the movie is that it stars the guy that the story line is based on. He is a rodeo star that suffers a serious accident just before the movie starts. There is a real scene where he takes a untrainable wild horse that is fantastic.
by bengal22
Thu Aug 16, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Men’s Underwear recommendation
Replies: 67
Views: 6863

Re: Men’s Underwear recommendation

Munchkin Man buys underwear at Sears. I remember the long thread.
by bengal22
Tue Aug 14, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)
Replies: 48
Views: 5528

Re: Books - Your 3 Best - (Nonfiction, Fiction, Financial/Investing)

I also do not read fiction anymore with one exception - science fiction. So I will take you uncompleted fiction: Top 3 in no order: Dune Jurassic Park 2001 Runner-up: Forever War, One Second After Dune is a fantastic book. And for the most part the first 3 books of the series are absolute genius. I...
by bengal22
Mon Aug 13, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3761
Views: 1068732

Re: What Movie Have You Recently Watched?

Just watched "The Rider." Great movie.
by bengal22
Sun Aug 12, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 25292

Re: most compelling TV character ever

John of Cincinnati
Number 6
by bengal22
Sat Aug 11, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Sucking up to make more money?
Replies: 46
Views: 2206

Re: Sucking up to make more money?

If "sucking up" means working hard, going the extra mile, following directions, being loyal and respectful, then by all means "suck up."
by bengal22
Tue Jul 31, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: DOOM!!!!! Morgan Stanley warns
Replies: 41
Views: 4942

Re: DOOM!!!!! Morgan Stanley warns

For a forum that advocates against market timing this article is a big nothing burger. Yes at some point market will go down.
by bengal22
Mon Jul 30, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Consistently over budget on food - what are you guys eating?
Replies: 70
Views: 6134

Re: Consistently over budget on food - what are you guys eating?

The wife and I have a $700 budget for food, however every month we seem to come to that limit or even over it. On some of the threads here I am seeing families having a food budget lower than us and I'm trying to understand what my wife and I are doing wrong as $700 seems high to me, but we continu...
by bengal22
Wed Jul 25, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: Interesting Take on the 3 Fund Model
Replies: 66
Views: 3196

Re: Interesting Take on the 3 Fund Model

The purpose of the 3 fund portfolio is to represent the total U.S stock market, the total U.S. Bond market, and the international market. Thus you get diversity, low cost, and minimize the risk of poorly performing sectors of the market. The key is not the number 3.
by bengal22
Fri Jul 20, 2018 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13782

Re: Should I Dump a Pile of Money on Young Son?

You know your son better than we do. I think the $1 million would be better used now than in the future. His financial behavior is already established so money now won't ruin him. Now is when it can help hm the most. So...just give it to him. No strings attached.
by bengal22
Fri Jul 13, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: When to start taxable?
Replies: 22
Views: 2204

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: 10315

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: 4403

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: 4340

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: 4530

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: 10
Views: 1483

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: 10
Views: 1483

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: 2905

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: 1342

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: 4053

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: 6322

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: 6906

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: 3828

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: 22
Views: 1591

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: 5531

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: 814

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: 1395

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: 4133

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: 1825

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: 2093

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: 1702

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: 17523

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: 2385

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.