Search found 173 matches

by Rich in Michigan
Thu Nov 15, 2018 10:04 pm
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 58
Views: 3530

Re: which snow blower ?

I have had my second Ariens for 5 years and I love it. I had my first one for 33 years. It was still working when I gave it to a neighbor kid to make side money doing driveways. The only thing I ever did with that first one in 33 years was change the oil and plug annually and run the carb dry at the...
by Rich in Michigan
Thu Nov 08, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 15006

Re: How much money are you leaving your kids after you die?

We plan on leaving all of our estate to our son. I have no concern whatsoever that our bequest will be spent frivolously. We are confident that we have instilled the correct values in our son and in fact he has already demonstrated exceptional wisdom in handling an estate he received from our late o...
by Rich in Michigan
Sat Oct 06, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Help identify vine in backyard
Replies: 26
Views: 1555

Re: Help identify vine in backyard

I'd bet a fair amount of money on it being a stinging nettle. It is most definitely NOT poison ivy. You can pull it up but wear gloves. If you don't wear gloves, you will find out if it is indeed stinging nettle pretty quickly. Or you can spray it with Roundup but be sure not to get any overspray on...
by Rich in Michigan
Mon Sep 03, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: I want to pry my friend away from Edward Jones
Replies: 71
Views: 7910

Re: I want to pry my friend away from Edward Jones

Several years back I tried to convince a friend that she had better options than EJ. I gave her a Boglehead book, etc. She went back to her EJ salesman...I mean "advisor"...and naturally he had cookbook counters to everything and of course she believed him. She even said to me "well, what your doing...
by Rich in Michigan
Fri Aug 17, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: Tipping lawn service and trash pickup
Replies: 48
Views: 4119

Re: Tipping lawn service and trash pickup

It would never occur to me to tip the trash hauler. I am charged what the company demands and in my area they have something of a monopoly. I generally do my own lawn but when on vacation we hire a friend's son who has his own landscaping company. As I am not a regular and I appreciate him doing thi...
by Rich in Michigan
Sat Jul 07, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to hit grand slam with small % portfolio?
Replies: 49
Views: 3639

Re: Trying to hit grand slam with small % portfolio?

The performance of biotech stocks is driven to a large extent by the performance of trials and subsequent regulatory approvals/actions. Unless you have actionable (legal) insider information, it's unlikely that you will have an advantage here. Investing in biotech and pharma is often more like playi...
by Rich in Michigan
Thu Jun 28, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: Need opinion on buying a Lakewood guitar
Replies: 18
Views: 1321

Re: Need opinion on buying a Lakewood guitar

I have to say I've honestly never heard of them. I have played Martins exclusively for 45 years and for the kind of money that Lakewood is charging, I would look very closely at the instruments from Nazareth, PA. You can look at Taylor's as well but for me, once you get to the several thousand dolla...
by Rich in Michigan
Thu Jun 14, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard and Heirs, how was the transition?
Replies: 4
Views: 625

Re: Vanguard and Heirs, how was the transition?

It could not have gone more smoothly when our son passed. A person was assigned to us, the paperwork arrived by Fed-Ex, and the funds were transferred without incident. They even sent a sympathy card. Along with his life insurance company, Vanguard was the easiest financial institution to deal with....
by Rich in Michigan
Tue Apr 24, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: [Vanguard account locked out due to deceased owner]
Replies: 73
Views: 6388

Re: [Vanguard account locked out due to deceased owner]

You should be transferred to someone who specializes in estates. When my son passed two years ago, Vanguard was amazing. They were among the two easiest institutions to deal with. The day after I called I received a Fed-Ex with everything I needed to fill out. I also received a sympathy card from th...
by Rich in Michigan
Thu Mar 29, 2018 6:32 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 28582

Re: Anyone Deleting Facebook?

I tried joining Facebook once but they rejected my face
by Rich in Michigan
Thu Dec 28, 2017 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 14754

Re: Another should i buy my dream porsche thread...

Bogleheads Used vs. New Porsche Debate? The only correct answer is a used Camry/Accord :mrgreen: The used Camry/Accord seems awfully extravagant. I'm thinking more like a bicycle; but not one bought from a store. Maybe one that you find in a ditch by the side of the road. That said, walking seems t...
by Rich in Michigan
Thu Jun 15, 2017 7:14 pm
Forum: Personal Consumer Issues
Topic: Cataracts & reading glasses
Replies: 31
Views: 3852

Re: Cataracts & reading glasses

Your wife will have to speak with her surgeon to determine her options. I had my cataracts done last month and the results have been awesome. I previously could see fine close up without correction but needed glasses or contacts for distance. When wearing contacts I wore drugstore reading glasses. I...
by Rich in Michigan
Fri Mar 17, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 8914

Re: Endless Job Interviews (with same company)

How many of the four were face to face? If some of them were phone interviews, then it might not be too terrible. In general, I would say that a repeat face to face interview with the same people indicates a hiring manager that is indecisive. They might have two finalists that are close, but they sh...
by Rich in Michigan
Thu Nov 17, 2016 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Gifting
Replies: 5
Views: 879

Re: Gifting

Folks-

Thanks for the confirmation and for the additional advice
by Rich in Michigan
Thu Nov 17, 2016 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Verification on SS plan
Replies: 3
Views: 555

Re: Verification on SS plan

Thanks folks. I appreciate the responses and verification.
by Rich in Michigan
Thu Nov 17, 2016 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Gifting
Replies: 5
Views: 879

Gifting

I want to make sure I understand the law on gifting. I think I am sure but am on meds for the next six months that make concentration a little difficult. I have another question as well that I will post separately. Let's say I want to gift $100K (to use a round number) to a child in 2017. As my wife...
by Rich in Michigan
Thu Nov 17, 2016 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Verification on SS plan
Replies: 3
Views: 555

Verification on SS plan

I just want to get verification on our plans as they pertain to the new SS laws. I think I am sure but am on meds for the next six months that make concentration a little difficult. I have another question as well that I will post separately. I was born in 1951 and will reach FRA next year. DW was b...
by Rich in Michigan
Tue Nov 15, 2016 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Take SS at 62 or wait ?
Replies: 74
Views: 10678

Re: Take SS at 62 or wait ?

1) Why would I delay taking SS past 62 ? (anticipate receiving max and then spousal 50%) ? --I understand the 8% growth each year..... :happy Two quick points. First, I see people all the time refer to "8% growth on SS for each year you wait." In reality, the "payout" increases for each year you wa...
by Rich in Michigan
Mon Sep 12, 2016 9:07 am
Forum: Personal Consumer Issues
Topic: Recommended Acoustic Guitars Under $1,000
Replies: 27
Views: 4442

Re: Recommended Acoustic Guitars Under $1,000

I am going to give you slightly different advice. I have played since 1964 and have played Martins exclusively since 1974. I would suggest not overlooking Martins and Taylors in their lower end models. Taylor in particular seems to make a guitar that shoppers in that price range like. Martin's niche...
by Rich in Michigan
Tue Jul 19, 2016 4:32 pm
Forum: Personal Consumer Issues
Topic: Why did the car salesman stop replying to my emails
Replies: 78
Views: 11703

Re: Why did the car salesman stop replying to my emails

Email the manager or better yet, pick up the phone. You could probably get more resolved in a 5 minute phone call than in several days of back and forth emailing.
by Rich in Michigan
Mon Jul 18, 2016 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Trading in an inherited vehicle
Replies: 9
Views: 1185

Re: Trading in an inherited vehicle

I read your post with interest because I am in a somewhat similar but even more messy situation. My 32 year old son passed suddenly two weeks ago. His estate will not go through probate and we have decided to keep his beloved car. Problem #1-he lived in CA. Problem #2-we live in MI. Problem #3- he h...
by Rich in Michigan
Thu May 26, 2016 10:24 pm
Forum: Investing - Theory, News & General
Topic: What was your first investment?
Replies: 117
Views: 8150

Re: What was your first investment?

Was introduced to a broker by a friend in the mid 70's. Bought some shares in Mohawk Data, which were later sold at a nice profit for down payment on a condo. The company later went bankrupt. The other stock I bought at the same time was Combustion Equipment Associates. I still have the lovely certi...
by Rich in Michigan
Mon Apr 25, 2016 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: RMD Taxation + state of Michigan
Replies: 4
Views: 705

Re: RMD Taxation + state of Michigan

Can't speak specifically for RMD and how our state views it, but when I take money out of my IRA I have Vanguard withhold both Federal and Michigan state tax.

Am a few years away from RMD age so not sure if there are any other peculiarities in withholding that are different from what I currently do.
by Rich in Michigan
Wed Apr 20, 2016 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: When to start Social Security. A different take
Replies: 107
Views: 13329

Re: When to start Social Security. A different take

Have you modeled what happens if one of you dies early, say at age 63, 65, 70, 75? I thought it was a common thing that SS benefits increase by about 8% for every year delayed, so I am trying to figure out how a 5% portfolio return can beat an 8% return. Not expressing an opinion on the OP's questi...
by Rich in Michigan
Sat Apr 16, 2016 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy part F Medicare?
Replies: 28
Views: 2672

Re: Where to buy part F Medicare?

There is no reason not to but before you make a final decision, do your legwork. Go to the government website. Compare the companies that offer that plan in your locale. As stated in this thread, all Plan F's are standardized so as a basic recommendation you can shop by price. However, each company ...
by Rich in Michigan
Mon Apr 11, 2016 7:25 am
Forum: Personal Consumer Issues
Topic: Wifi Booster
Replies: 22
Views: 2280

Re: Wifi Booster

I have a small, inexpensive Netgear plug-in wireless extender. Got it from Best Buy. The problem is less our main router than my older iPad. My computer, iPhone, and wife's wireless devices work fine everywhere in the house. My iPad's wireless is slowly going toes-up and is sensitive to signal stren...
by Rich in Michigan
Thu Apr 07, 2016 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: IRS cashed unsigned check
Replies: 40
Views: 6202

Re: IRS cashed unsigned check

I have an even better story. Last year I mixed up a property tax envelope with an estimated Federal tax envelope. Our township contacted me to tell me they had my estimated tax check. As I picked it up, I joked that even after sending the correct estimated tax check to the Feds, they would probably ...
by Rich in Michigan
Thu Apr 07, 2016 11:56 am
Forum: Personal Consumer Issues
Topic: Concrete or Asphalt driveway?
Replies: 45
Views: 6429

Re: Concrete or Asphalt driveway?

We had asphalt when we lived in Upstate NY. I had to seal it every few years and it did crack a bit and settle in spots. I didn't know anyone who did not have asphalt. In Michigan, everyone in our neighborhood has concrete. We have owned our home for 25 years and have never done an ounce of maintena...
by Rich in Michigan
Sat Mar 19, 2016 1:42 pm
Forum: Personal Consumer Issues
Topic: Removing mildew from vinyl siding
Replies: 25
Views: 4549

Re: Removing mildew from vinyl siding

There is a product you can get at Home Depot but the name escapes me. It is awesome. The bottle hooks up to a hose and you wet the area down, flip the lever and spray again so that the product is applied. You wait a bit and then hose it off with water. Totally hassle free and it gets the vinyl total...
by Rich in Michigan
Sat Feb 20, 2016 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Saving
Replies: 68
Views: 7083

Re: Engagement Ring Saving

Let's face it, this is Bogleheads, and nobody is going to approve of a ring that wasn't once part of a Coca-Cola can pull-tab. Oh wait, I meant a generic store-brand version of a Coca-Cola can pull-tab. ....that had come from a can that had already been returned to the store for the deposit. The tr...
by Rich in Michigan
Fri Jan 29, 2016 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 8773

Re: EJones Advisor wants to talk!

I concur with everyone else (but since I don't post much I figured I need to keep my account active :happy The time for them to earn your business is not now, which is what they are trying to do. The time to have earned your business is in the past and they did not do so. They had their chance, they...
by Rich in Michigan
Sat Jan 23, 2016 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Do you use the service of a CPA or you do your tax yourself?
Replies: 88
Views: 9822

Re: Do you use the service of a CPA or you do your tax yourself?

Early in our marriage, my wife and I each did our joint return and then compared notes afterwards to make sure we got the same results. Then one year I had a business conference to attend and my wife prepared the return on her own. She has continued to do it for the past 35 years and has gotten quit...
by Rich in Michigan
Thu Dec 31, 2015 11:21 pm
Forum: Personal Consumer Issues
Topic: Taylor vs Martin Guitar
Replies: 19
Views: 4698

Re: Taylor vs Martin Guitar

I've played for over 50 years and have played Martins exclusively for the past 42. I vastly prefer them to Taylors although Bob Taylor makes a fine guitar. There is a reason why Martins are what they are and why so many boutique manufacturers try to make their version of a Martin. It is true that Ta...
by Rich in Michigan
Fri Dec 11, 2015 1:33 pm
Forum: Personal Consumer Issues
Topic: 10 Best Guitar Finger Style Tunes
Replies: 19
Views: 2550

Re: 10 Best Guitar Finger Style Tunes

I have played for over 50 years and played fingerstyle almost exclusively for the past 15 or so. To this day I am always expanding my repertoire and have delved into virtually every style. Every time you arrange something, you learn more about rock or jazz or even old big band music. 10 Best is so v...
by Rich in Michigan
Tue Dec 08, 2015 9:28 am
Forum: Personal Consumer Issues
Topic: Holiday tipping: letter carriers
Replies: 120
Views: 11987

Re: Holiday tipping: letter carriers

In the late 60's/early 70's I worked 4 summers and 4 Christmases as a letter carrier while in college. They hired a couple of students as seasonal help and it was a great gig, largely. You got to work outdoors, you worked largely without someone looking over your shoulder every minute, the pay was g...
by Rich in Michigan
Fri Oct 16, 2015 10:04 am
Forum: Investing - Help with Personal Investments
Topic: social security a bond allocation - how to calculate things
Replies: 9
Views: 938

Re: social security a bond allocation - how to calculate things

I know that reasonable people can disagree on this but I take the view that SS and pensions are not assets, they are income streams. Therefore I do not include them in my AA in any fashion. They reduce the gap between expenses and amount needed from your nest egg. Their existence, the gap between ex...
by Rich in Michigan
Tue Sep 29, 2015 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off today.. please advise
Replies: 35
Views: 6514

Re: Laid off today.. please advise

You don't mention your age but if you have a certain number of rings in your trunk...to make a tree metaphor...a lawyer could help. I worked at one of the largest companies and when layoffs came, there was nothing to negotiate. End of story. However, older employees could benefit from having their a...
by Rich in Michigan
Sun Sep 20, 2015 7:55 am
Forum: Personal Consumer Issues
Topic: Dslr recommendations for aurora borealis
Replies: 18
Views: 1924

Re: Dslr recommendations for aurora borealis

A couple of points; 1) you will want a wide angle zoom lens for aurora. Haven't checked the specs on that camera but if it has a cropped sensor then you will want a zoom with a low end in the range of 17. Prime lenses are great but your needs would dictate more flexibility, and besides zooms today a...
by Rich in Michigan
Fri Sep 04, 2015 7:29 am
Forum: Personal Consumer Issues
Topic: Data Plan For An iPad
Replies: 13
Views: 1322

Re: Data Plan For An iPad

Speaking strictly for myself, I have never felt the need for data on my iPad when travelling. Most hotels generally offer WiFi for free and on those occasions when I need access to data during the day, my iPhone has me covered. I just returned from a 17 day trip and never once felt unconnected with ...
by Rich in Michigan
Thu Aug 06, 2015 4:25 pm
Forum: Personal Consumer Issues
Topic: Goose Grease Sandwiches
Replies: 15
Views: 2230

Re: Goose Grease Sandwiches

My Dad always told me "learn to love peanut butter. I had to live on it during The Depression." I think until the day he died, he always feared that someday it would return. The experience obviously left an impact on those who lived through it.
by Rich in Michigan
Wed Aug 05, 2015 9:05 am
Forum: Personal Consumer Issues
Topic: Aloha Shirt: Yes or No
Replies: 80
Views: 10661

Re: Aloha Shirt: Yes or No

The funny thing is that they are not nearly as commonly worn in Hawaii as they were decades ago. That aside, I have a few that I have purchased in Hawaii through the years and I wear them maybe once each summer. I have one that I refer to as "my wedding shirt" that was worn during our 30th anniversa...
by Rich in Michigan
Sun Aug 02, 2015 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Is Is Wise Not To Factor Social Security/Medicare Into Your Retirement Plans?
Replies: 20
Views: 2324

Re: Is Is Wise Not To Factor Social Security/Medicare Into Your Retirement Plans?

I am retired but I must admit that throughout my investing life I planned as though SS would not be there. I didn't plan on my pensions either. Then, as I got to my late 50's I started including both of them in my calculations and got the "hey! I can retire early!" moment. I think that, as a result ...
by Rich in Michigan
Tue Jul 21, 2015 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Should I consider Social Security Benefits as Assets
Replies: 44
Views: 4136

Re: Should I consider Life Insurance Cash Value and Social Security Benefits as Assets

I do not consider SS or pensions as assets. I consider them income streams. After I deposit a check from one of those, then I consider that amount to be an asset. However I do not count any payments I have yet to receive as an asset. Case value of insurance is trickier. I personally don't include it...
by Rich in Michigan
Fri Jul 03, 2015 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Average raises for promotions
Replies: 32
Views: 42599

Re: Average raises for promotions

Retired from one of the 10 largest American companies and my experience was that 20% in base salary was the norm for a promotion. If the position included incentives as part of the compensation package, that part could also rise anywhere from 0-15% depending upon the position. More than that at high...
by Rich in Michigan
Fri Jun 26, 2015 10:37 am
Forum: Investing - Theory, News & General
Topic: Did 2008 change your investing strategy?
Replies: 58
Views: 7473

Re: Did 2008 change your investing strategy?

It really did not. I have lived and invested through a number of bear markets since the 1970's and I just kept doing what I was doing. I was already a Boglehead and didn't know it. Past recessions had always turned around and if this one did not, well I was going to be screwed no matter what I did. ...
by Rich in Michigan
Tue Jun 23, 2015 1:57 pm
Forum: Personal Consumer Issues
Topic: Optimize trip to China
Replies: 24
Views: 3640

Re: Optimize trip to China

My wife and I went to China a couple of years ago. Our son was teaching at a university over there and we travelled about 2500 miles around the country with him. In many respects it was the trip of a lifetime because we saw so much more than we would ever have seen on our own. It helped having someo...
by Rich in Michigan
Fri Jun 05, 2015 5:34 am
Forum: Investing - Help with Personal Investments
Topic: 30 years old / Missed the bull run
Replies: 55
Views: 12623

Re: 30 years old / Missed the bull run

I started around age 26 I didn't find the Bogleheads until age 60 At age 60 I was still in my lifetime AA of 90% equities I can't even tell you off the top of my head how many downturns I lived through as well as several prolonged economic malaises. In other words, I was far from doing everything ri...
by Rich in Michigan
Sun May 31, 2015 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Congratulations to the class of 2015
Replies: 12
Views: 2075

Re: Congratulations to the class of 2015

I hate commencement and motivational speeches because of this. It is EASY to say GO FOR IT, but what no one wants to talk about in life is what does one do when going for it doesn't work out. What are the % that if you took everyone in the country who "went for it" actually make it? I would say les...
by Rich in Michigan
Fri May 29, 2015 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving a Company
Replies: 44
Views: 5984

Re: Leaving a Company

You should feel no guilt whatsoever about giving 2 weeks instead of 4. You should feel obligated to do your normal job to the best of your ability, and that is it. Unless your normal job involved training a replacement, I wouldn't let it worry me too much. Just do your normal job, clean up any loose...
by Rich in Michigan
Sat Mar 28, 2015 8:05 pm
Forum: Personal Consumer Issues
Topic: Gift Ideas for 80 Yr Old Grandmother w/ Dementia
Replies: 23
Views: 3858

Re: Gift Ideas for 80 Yr Old Grandmother w/ Dementia

A super simple mp3 player filled with music from her youth. That was going to be my suggestion when I started the thread. One of my volunteer activities is playing guitar for hospice patients in small assisted living facilities. There are a lot of cognitive issues among the residents and patients t...