Search found 589 matches

by Diogenes
Wed Mar 28, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Thinking of getting an Apple Watch
Replies: 82
Views: 9224

Re: Thinking of getting an Apple Watch

I’m an Apple person, but the watch screams ‘tech-geek.’ For fitness I use a Fitbit Flex 2, at about $50. Low profile, tracks my fitness program including swimming, and vibrates if I get a call so I can pull out the iPhone. I don’t want anything flashy where I travel to, and the screen would be a lia...
by Diogenes
Tue Mar 27, 2018 4:17 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 28212

Re: Anyone Deleting Facebook?

FTC investigation but probably won’t amount to much . I hope this doesn’t go away soon in media . And people need to demand some accountability. protagonist, Thank you for the detailed response. My point is that the danger of Facebook is not because of the information that it has on any one of us—b...
by Diogenes
Mon Mar 26, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: When to Take Social Security (again...)
Replies: 62
Views: 6461

Re: When to Take Social Security (again...)

I plan to take SS as soon as I can, and not wait. I completely understand that idea that I could spend more of my own money from 63-70, and let the SS benefit grow. But spending down my own nest egg more than normal from 63-70, because I assume nothing will change with Social Security, is also a ri...
by Diogenes
Sat Mar 24, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Offshore Asset Protection
Replies: 9
Views: 822

Re: Offshore Asset Protection

Please provide more details.

What assets do you hope to protect, and from what? Where exactly ‘offshore?’

Has this been pitched to you, and by whom?

Do you have any experience with investing or living overseas?

_D_
by Diogenes
Thu Mar 22, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 28212

Re: Anyone Deleting Facebook?

I'm 35 so literally everyone I know is on facebook. I was on it for a few years, but deleted my account completely 4 years ago and haven't looked back. I genuinely think we have an impending mental health crisis due to social media and cell phone addiction. +1 It’s fascinating from a psychological ...
by Diogenes
Mon Mar 19, 2018 10:17 pm
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE UPDATE 9-3-18
Replies: 116
Views: 30310

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

Mel Lindauer wrote:
Mon Mar 19, 2018 12:14 pm

The videos are online right here in the wiki and have been since we started recording the sessions a number of years ago. Seek and ye shall find!
Excellent! How long after the conference are they usually posted?
by Diogenes
Mon Mar 19, 2018 11:47 am
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE UPDATE 9-3-18
Replies: 116
Views: 30310

Re: 2018 BOGLEHEADS CONFERENCE SOLD OUT

Any chance of a video of the main presentations that we can view later? Especially for those of us that don't live in the States most of the time?

Add it to the Wiki maybe??

_D_
by Diogenes
Mon Mar 19, 2018 1:37 am
Forum: Investing - Theory, News & General
Topic: Federal court tosses out fiduciary rule
Replies: 60
Views: 7229

Re: Federal court tosses out fiduciary rule

What the popular press always ignores in these articles is the underlying separation of powers issues in cases like this one. The press writes as if the judges are making a policy call. Often, the case is not about what the policy should be, but who should be making that call. The dispute here, boi...
by Diogenes
Sat Mar 17, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Spoke to a financial advisor yesterday - what do you think he's up to?
Replies: 81
Views: 9308

Re: Spoke to a financial advisor yesterday - what do you think he's up to?

I think there are a couple of big details that people are missing - a) He's offering his services for free and will provide fund selection advice in vanguard if thats what we want. In this situation, I really do think he's providing an employee with a _free_ service. If this is the case, he should ...
by Diogenes
Thu Mar 15, 2018 3:50 am
Forum: Personal Consumer Issues
Topic: Care by Volvo - what are your thoughts?
Replies: 27
Views: 3481

Re: Care by Volvo - what are your thoughts?

It's another leasing deal, lots of threads about those here. Leasing is usually not a good deal for an individual, although it appeals to those who want a new car every couple of years. You're renting it, doesn't belong to you. If you can, why not just pay cash and shop around for better insurance p...
by Diogenes
Thu Mar 15, 2018 1:00 am
Forum: Investing - Help with Personal Investments
Topic: American Expat: Variable Annuity as Pension Scheme
Replies: 7
Views: 624

Re: American Expat: Variable Annuity as Pension Scheme

Something seems odd here. I can understand a foreign employer having a limited number of investment choices for a pension plan. However if they merely told you to check Annuity.com that would suggest either they have nothing set up, or they do but are using that site just as an example for you to st...
by Diogenes
Wed Mar 14, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Huge special assessment on Condo?
Replies: 60
Views: 6902

Re: Huge special assessment on Condo?

Its a very conservative board.. they would rather not have a special assessment. They've raised the HOA dues by 10% each year over the last 5 years to start building up the reserves. That being said, the HOA reserves are still underfunded (at 30%) at the moment according to the reserve study. Accor...
by Diogenes
Mon Mar 12, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Another "Should I self-insure" for LTC Question
Replies: 119
Views: 8169

Re: Another "Should I self-insure" for LTC Question

Paying the new, higher premium works out to her "losing" less than three-tenths of one percent return on her portfolio. Most reasonable people would think it makes sense to sacrifice three-tenths of one percent of a return on your portfolio in order to avoid losing hundreds of thousands. Why should...
by Diogenes
Mon Mar 12, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning - Letter of final instructions
Replies: 5
Views: 815

Estate Planning - Letter of final instructions

For those highly organized Bogleheads, below is a good link to download a fairly decent template for a Letter of Final Instructions.

Anything missing?

https://boomerbaggage.com/letter-final-instructions/
by Diogenes
Fri Mar 09, 2018 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Another "Should I self-insure" for LTC Question
Replies: 119
Views: 8169

Re: Another "Should I self-insure" for LTC Question

I don't want to sound like a broken record, but there is another alternative. If you are a 71 year old widow, and not already in a retirement community situation, you need a plan on where you are going to live out your remaining golden years. I suggest you look into CCRCs with "Life care". The comm...
by Diogenes
Thu Mar 08, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Another "Should I self-insure" for LTC Question
Replies: 119
Views: 8169

Re: Another "Should I self-insure" for LTC Question

pintail07, you are correct. There is no cap on the maximum benefit per a call I just made to my LTCi company. Can you tell me more about the cost of a one time payment for an asset based plan, with lifetime benefits, and most of the premium returned if no claims? If I renew my policy this year, unc...
by Diogenes
Thu Mar 08, 2018 4:00 am
Forum: Personal Finance (Not Investing)
Topic: Dental plans
Replies: 21
Views: 2255

Re: Dental plans

Unfortunately, Dental plans (unless subsidized by an employer) are really prepayment schemes, much the same as the current state of LTCI. The only real difference is the size of the $ and the fact that significant commissions are paid to those that argue for (and sell) LTCI. In the past, that wasn't...
by Diogenes
Wed Mar 07, 2018 2:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Virtual online chapter - Master thread]
Replies: 107
Views: 20418

Re: [Virtual online chapter - Master thread]

For those of us that live a few time zones away from the U.S will there be a way to replay it?
by Diogenes
Tue Mar 06, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Another "Should I self-insure" for LTC Question
Replies: 119
Views: 8169

Re: Another "Should I self-insure" for LTC Question

The OP can afford to post-pay LTCI, if she happens to need it. The salient facts to consider are not what has already been paid to the insurance company, but what you can avoid paying in the future if you discontinue the policy. If the maximum benefits are $450K, and you have $2.4M, why would you wa...
by Diogenes
Tue Mar 06, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 272
Views: 59327

Re: How to Minimize Your Emergency Care Expenses

Interesting and detailed post. A 1-2 paragraph executive summary might be useful to stick on the refrigerator. A couple of questions: 1. Why is a Morphine shot in the ER so much more? Why should it be? 2. Why are the ER visits in the U.S. so much more than in most other first-world countries? 3. Ho...
by Diogenes
Tue Mar 06, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Emergency Medevac - costs and options
Replies: 35
Views: 3677

Re: Emergency Medevac - costs and options

We therefore also add MedJetAssist. We use the annual policy although there is a "per trip" policy. This kicks in if you are admitted as an inpatient (not ER or Observation) at least 150 miles from home. Thus, the annual policy for us, as it then includes all trips (at least 150 miles) for business...
by Diogenes
Mon Mar 05, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Reuters-" Special Report: Fidelity puts 6 million savers on risky path to retirement"
Replies: 48
Views: 7263

Re: Reuters-" Special Report: Fidelity puts 6 million savers on risky path to retirement"

Reuters is known for clickbait articles, usually from one end of the spectrum. They want to attract you to read. Nothing particularly newsworthy in the story, just an eye-catching headline. Each of us is responsible for our own 'path to retirement,' not one brokerage house, no matter how they struct...
by Diogenes
Mon Mar 05, 2018 1:39 am
Forum: Personal Finance (Not Investing)
Topic: Has the home we wanted just become 20% more expensive due to tax reforms?
Replies: 62
Views: 7394

Re: Has the home we wanted just become 20% more expensive due to tax reforms?

At the same time your after tax income is now higher, so you should be able to afford the higher payment. Or you can think about it another way. Your home price/costs did not change, but your taxes did. Your SALT deductions are down, but your tax rates/brackets have adjusted favorably. Whether your...
by Diogenes
Mon Mar 05, 2018 1:04 am
Forum: Investing - Help with Personal Investments
Topic: dad insists on gifting me all his money- help!
Replies: 23
Views: 4658

Re: dad insists on gifting me all his money- help!

Kudos to you for trying to sort through options, as you try to do the right thing. It sounds like your Father is a man of some means. As such he shouldn't need to worry about things like trying to get Medicaid (taxpayers) to pay for his possible nursing home care. That's a well-known type of scam an...
by Diogenes
Fri Mar 02, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 272
Views: 59327

Re: How to Minimize Your Emergency Care Expenses

Interesting and detailed post. A 1-2 paragraph executive summary might be useful to stick on the refrigerator. A couple of questions: 1. Why is a Morphine shot in the ER so much more? Why should it be? 2. Why are the ER visits in the U.S. so much more than in most other first-world countries? 3. How...
by Diogenes
Thu Mar 01, 2018 3:55 am
Forum: Personal Finance (Not Investing)
Topic: Chase sapphire reserve versus BOF premium rewards
Replies: 48
Views: 7101

Re: Chase sapphire reserve versus BOF premium rewards

Every experience I've had with BofA in the past 30 years has been negative, so it would take a great deal to try them again for anything. My CSR has been fantastic for the reasons already stated, travel credit, points, Global Entry, and especially Priority Pass. Priority Pass alone is worth the card...
by Diogenes
Tue Feb 27, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: The Flexible Retirement Planner
Replies: 23
Views: 3620

Re: The Flexible Retirement Planner

Just tried to use it (downloaded version) on a Mac. It prompted some unusual security certificate warnings and a Java warning about the product requesting 'unrestricted access' which the warning said would also include the webcam and microphone. Not sure why that would be, but it caused me to decide...
by Diogenes
Sun Feb 25, 2018 1:32 am
Forum: Investing - Theory, News & General
Topic: Atlantic Article: This Is What Life Without Retirement Savings Looks Like
Replies: 26
Views: 5092

Re: Atlantic Article: This Is What Life Without Retirement Savings Looks Like

Thanks for the article, although it seems to be a somewhat boiler-plate heart-string play. Also, not sure there are really more in this situation than in previous generations as implied. Doubt it. This could be included in a portfolio of articles for the 20-30 year-olds to read about the consequence...
by Diogenes
Sat Feb 24, 2018 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 149
Views: 9179

Re: Long term care insurance

I found this article very helpful in illustrating some of the considerations: http://www.theretirementmanifesto.com/why-we-arent-buying-long-term-care-insurance/ If all long-term care policies were like the policy described in that article, then I would "self-insure" too. Fortunately, most LTCi pol...
by Diogenes
Fri Feb 23, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 149
Views: 9179

Re: Long term care insurance

I tried to re-create your numbers and I believe what you plunked in was a policy that paid a 5 year payout @ 200/day with an ACI of 5%, but you only got benefits for 2.2 years. If you want to compare apples to apples, you may want to pick a policy that pays out closer to your 2.2 year estimate. Not...
by Diogenes
Fri Feb 23, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 149
Views: 9179

Re: Long term care insurance

I tried to re-create your numbers and I believe what you plunked in was a policy that paid a 5 year payout @ 200/day with an ACI of 5%, but you only got benefits for 2.2 years. If you want to compare apples to apples, you may want to pick a policy that pays out closer to your 2.2 year estimate. Not...
by Diogenes
Fri Feb 23, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 149
Views: 9179

Re: Long term care insurance

Still scratching my head about these LTCI policies. It was suggested that one of the best available now are group policies, such as what is available to Federal employees or former workers. Makes sense as a measuring stick. Most private plans are likely not as good. Just took a look at that website ...
by Diogenes
Wed Feb 21, 2018 1:29 am
Forum: Personal Consumer Issues
Topic: Expat Living
Replies: 58
Views: 7342

Re: Expat Living

Has anyone here retired outside of the U.S.? If so, what have been the pros and cons of doing so? Learning about your experiences would be very interesting. I encourage you to read expat forums for practical information about places you may be interested in. I've been an expat for a dozen years and...
by Diogenes
Sat Feb 17, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 3425

Re: USAA 41% More For Car Insurance

What I really like about USAA is how amenable they are to folks living overseas. I'm only in the States a couple of months per year. They easily change the auto policy to a 'storage policy' when the vehicles are on trickle chargers when I'm away, and it's a fraction of the normal rate. Not sure if G...
by Diogenes
Sat Feb 17, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 25351

Re: Do you see a meaningful change in your income with new Tax Bill?

The Tax Cuts and Jobs Act has resulted in the most significant tax savings I have seen in longer than I can remember.

It's great!!
by Diogenes
Sat Feb 17, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 3301

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

How did Vanguard know that you were living abroad? Couldn't you just use a US address and then a VPN from abroad? Vanguard had some trouble with my account (missing assets) and was calling my US address which was the telephone number on record. My brother's wife didn't like the calls because of a s...
by Diogenes
Sat Feb 17, 2018 3:56 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 3301

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

Also I would recommend getting a local currency bank account wherever you go and use a company like Transferwise to move cash. Much better rate than letting the bank do it in most cases. This is a good idea. Have you also looked at Interactive Brokers? They're easy to deal with as an expat and also...
by Diogenes
Sun Feb 11, 2018 10:29 pm
Forum: Personal Consumer Issues
Topic: Driving a rental car in Western Europe
Replies: 46
Views: 2088

Re: Driving a rental car in Western Europe

I’ve driven for some years in Central and Eastern Europe as an expat. If you are talking about a few week vacation, it’s not worth it to see the larger cities usually visited by tourists. Also not the way to go to travel between those cities, as the trains or budget airlines are far more convenient....
by Diogenes
Sat Feb 03, 2018 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: CCRC advice needed [Continuing Care Retirement Community]
Replies: 28
Views: 2065

Re: CCRC advice needed

You are about to sign a complex legal contract affecting: (1) your medical care for the rest of your life, (2) your housing for the rest of your life, and (3) all or most of your financial assets & income for the rest of your life. Sign NOTHING without first consulting with a good lawyer who specia...
by Diogenes
Sat Jan 27, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Age-based allocation when you don't need the money?
Replies: 22
Views: 2063

Re: Age-based allocation when you don't need the money?

Good thoughts. Well, currently I’m at 65/35. Reasonable to continue into my 60’s? Spending more isn’t an option as I’ve found I don’t want more stuff, and already travel a great deal. The suggestion to move more into Roth’s is good, but my tax bracket makes that a wash at best. Goals? Recently nearl...
by Diogenes
Fri Jan 26, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: When to claim Social Security: two reasons not to wait
Replies: 68
Views: 12661

Re: When to claim Social Security: two reasons not to wait

I stumbled upon this article today in my web travels: http://danielamerman.com/va/BenefitAge.html Making optimal decisions about when to claim Social Security benefits is of vital importance. For a person of retirement age with average savings, this choice may be more important than any other aspec...
by Diogenes
Fri Jan 26, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 198
Views: 17698

Re: Stats on When People Take Social Security

True, but by waiting to claim SS at 70, while meanwhile spending more of your own portfolio, you are choosing to be more dependent on future government payments.
Some may not like that, for various reasons.
by Diogenes
Fri Jan 26, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: Age-based allocation when you don't need the money?
Replies: 22
Views: 2063

Age-based allocation when you don't need the money?

Much of the prevailing wisdom has an increase in the bond percentage of a portfolio as you approach retirement. Some advocate 'keeping your age in bonds.' This must be customized to many factors. But if you have other stable inflation-adjusted income (pension, other annuities, etc) that cover say 15...
by Diogenes
Wed Jan 24, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Which tropical Island to Retire to ?
Replies: 61
Views: 5924

Re: Which tropical Island to Retire to ?

Depends on your priorities. Being from CA, I would never think of retiring anywhere there. Taxes, taxes, and only going to get worse. I have chosen to maintain a presence in a zero income tax state, while living most of the time overseas. Gives one time to figure it out. Rent where ever you go firs...
by Diogenes
Tue Jan 23, 2018 1:45 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 7421

Re: Work-out schedule for those in 60s

Trying to ramp it up a bit.

Currently swim 2x wk 2200 - 2500 meters in outdoor 50 meter salt water pool
Run 3x wk 8-10k
Weights and elliptical 3x, 2 double with run
Walk minimum 12000 steps a day. I live in a coastal city so it’s amazing how easy that is.
Long hike in the mountains every 2 weeks.
by Diogenes
Tue Jan 23, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Which tropical Island to Retire to ?
Replies: 61
Views: 5924

Re: Which tropical Island to Retire to ?

Depends on your priorities. Being from CA, I would never think of retiring anywhere there. Taxes, taxes, and only going to get worse. I have chosen to maintain a presence in a zero income tax state, while living most of the time overseas. Gives one time to figure it out. Rent where ever you go first...
by Diogenes
Mon Jan 22, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: New tax law and changes to paycheck
Replies: 20
Views: 2258

Re: New tax law and changes to paycheck

Looking at making changes to the quarterly payments. Following the Tax Cuts and Jobs Act, my bill will decrease about $5K!
Nice! It will go back into the business, but still very positive and significant.
by Diogenes
Sat Jan 20, 2018 6:06 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 198
Views: 17698

Re: Stats on When People Take Social Security

It's simple really, when I look at my specific cash needs right now and my short-term income streams. It's all about matching. The income stream from SS will be very useful to me now, and in the future. It meets my needs. Better than the alternatives. But the incremental monthly payments from waiti...
by Diogenes
Mon Jan 15, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 198
Views: 17698

Re: Stats on When People Take Social Security

It’s amusing to hear the theory that those that take SS before 70 do so because they “don’t get it.” There are many BH’s who certainly “get it” and still plan to have at least one of the couple take it at 62 or FRA. In my case, having my spouse claim at 62 will enable us to continue minimal reductio...
by Diogenes
Sat Jan 13, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 20587

Re: How does everyone keep track of your portfolio?

Excel seems a bit too cumbersome for me, and I don’t plan to use something like Personal Capital where they would have my account info. I have had good luck with Financial Engines, https://financialengines.com/ You can get access through various means, including Schwab or Fidelity, even if you aren’...