Search found 1387 matches

by Nowizard
Wed Jun 20, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: I need a classic men's black dress belt
Replies: 58
Views: 9369

Re: I need a classic men's black dress belt

Go to a craft fair and purchase one that is hand-made from quality leather. Will be less expensive and can be modified to your specifications in terms of width, length, type of buckle, etc.

Tim
by Nowizard
Wed Jun 20, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Best Father's Day Gift You Ever Received (or wish you'd received)
Replies: 23
Views: 2104

Re: Best Father's Day Gift You Ever Received (or wish you'd received)

Definitely, the notes. All ever sent to my parents on Mother's and Father's days were found in their belongings after they died. As for a specific gift, time together becomes more meaningful as children become adults, move on to establish a different residence. For example, this year's gift is a gui...
by Nowizard
Wed Jun 20, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 151
Views: 10732

Re: Which boglehead rule do you break--and are ok with

Difficult question since "Boglehead Rules" and general rules of investing often intersect. For example, is the general belief of paying off a mortgage prior to retirement a Boglehead or more generally accepted approach (Or both)? Who establishes what is or is not a Boglehead rule? Seems to me that t...
by Nowizard
Wed Jun 13, 2018 8:36 am
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 36779

Re: Bogleheads, tell me about your 40's?

My 40's were very eventful. Married at 33, two boys by age 38, had worked as an employee since finishing a terminal, graduate degree at age 28. Work experience results in refining what one wants from work, marriage and fatherhood refines what is required to maintain a balanced life. Was moving upwar...
by Nowizard
Wed Jun 13, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 449
Views: 99582

Re: Anyone regret paying off mortgage early?

The concept that one "should" pay off a mortgage is an over simplification of the topic in my opinion. Our approach has been that if one evaluates carefully and determines that the convenience factor of having no mortgage is secondary to other considerations, then having a mortgage can be beneficial...
by Nowizard
Wed Jun 13, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 185
Views: 15227

Re: Top Shelf Liquor Overrated?

Frank Grimes: My apologies if the last sentence of the initial response did not clearly convey both functional and perceptual issues were influential. The intent was to simply state that multiple factors influence preferences, some functional, some psychological, both being very justifiable with one...
by Nowizard
Mon Jun 11, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 185
Views: 15227

Re: Top Shelf Liquor Overrated?

Frank: "Tasting better" is a personal preference, as various food preferences internationally indicate. What is a preferred taste for someone is not for another. That is a primary reason why there are so many different alcohol choices. We all, I suspect, look for food items that "taste better" to us...
by Nowizard
Mon Jun 11, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 185
Views: 15227

Re: Top Shelf Liquor Overrated?

MJW: "Function" just relates to what the object in question means to the individual. If its "function" is to provide a feeling of quality based on some comparison of various products, then top shelf may be meaningful. If "function" means having a cocktail with family or friends, then top shelf may b...
by Nowizard
Wed Jun 06, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 185
Views: 15227

Re: Top Shelf Liquor Overrated?

Definitely over rated, as are many items positioned as luxury items, such as watches, automobiles, homes, etc. They are not functionally superior than less expensive items in most cases. However, function often takes second place to perception, and the psychological response to similar items may res...
by Nowizard
Tue Jun 05, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: pension
Replies: 12
Views: 1420

Re: pension

It makes sense to include income streams as a significant part of retirement planning. If you receive $48,000 annually from a pension with a COLA that is very likely to equal inflation, then it would take approximately 1.2M in assets with a 4% withdrawal rate to generate that amount of income. Howev...
by Nowizard
Tue Jun 05, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: Thinking of a divorce - from Vanguard
Replies: 41
Views: 5406

Re: Thinking of a divorce - from Vanguard

In today's world, not to be cynical, all companies are looking for ways to automate or transfer responsibility to the customer. Companies that are known for service are usually smaller. How many large companies do you know that provide all you want? It does not sound like you would be overly inconve...
by Nowizard
Tue Jun 05, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 273
Views: 12437

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

It seems that the primary issue is you are highly intelligent, have been successful in terms of past history, have saved well, etc. In other words, you have done well with major, life decisions and history says you will do well with this one. Your situation is different from that of most people in t...
by Nowizard
Tue May 29, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Glasses, ball sports, and aging eyes
Replies: 29
Views: 4000

Re: Glasses, ball sports, and aging eyes

Wow! This is definitely a thread filled with many things not known previously! In our area, people with specific or hard to resolve issues go to the local College of Optometry. They receive service from students and teachers who are intimately involved as they teach about such issues. Also, though a...
by Nowizard
Mon May 28, 2018 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks vs Total Stock Market
Replies: 30
Views: 2640

Re: Individual stocks vs Total Stock Market

The poster does present an interesting question. How many of us had positive or negative experiences as beginning investors that shaped our view and confidence due to luck? In our case we initially invested in individual stocks because "You made more." Initial exposure to diversification was thought...
by Nowizard
Fri May 25, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage for new home
Replies: 28
Views: 1610

Re: Mortgage for new home

Frankly, the charges sound absurd based on personal experience. Talk to friends who have purchased homes through Realtors they trust. Ask if the company they represent is compensated by the mortgage company they recommend, discounting the recommendation if that is the case. Otherwise, compare loan c...
by Nowizard
Mon May 21, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 491
Views: 28906

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

We are definitely not among the super wealthy posting here, neither of us ever making more than six figures annually during our working lives. However, we have saved well, invested well and have SS and a small pension (One of us). Most of our assets are in retirement accounts, and we are in a higher...
by Nowizard
Tue May 08, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: Which heart rate monitor is the most accurate?
Replies: 37
Views: 3551

Re: Which heart rate monitor is the most accurate?

On doctor's advice, I am checking pulse regularly now. He recommended the Omron, cuff BP machine, saying it is the best for BP and pulse. You may not care about the BP, but it is less expensive at about $60 and works well unless you are wanting to measure pulse while working out.

Tim
by Nowizard
Sun May 06, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6217

Re: Do we spend too much on food?

Two of us who spend approximately $1,000 monthly for total food expenditures.

Tim
by Nowizard
Mon Apr 23, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?
Replies: 16
Views: 2097

Re: The Limits of Modern Portfolio Theory - Do Investors Understand What They Own?

I suspect most people do not know what they own. They may know many statistics about a particular stock or fund, use portfolio theory, etc. but it is doubtful they have researched the individual stocks or funds in depth as opposed to using data from those who have. Probably not an issue for anyone o...
by Nowizard
Mon Apr 23, 2018 7:43 am
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 7837

Re: Do you buy new or used cars?

I am not a car person, my wife is to the extent that she wants the latest features, though that may mean a sporty car at one point or a very practical one at another. For example, she now drives an Odyssey even though our children are adults ("Why not? It has great gas mileage, uses regular, drives ...
by Nowizard
Thu Apr 19, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 15952

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

No one moves to LA "for" the COL which is insane. You will have to determine for yourself whether the lifestyle justifies the COL. Beautiful places to visit in the area, if you can get there due to the traffic! Saw today that it has the highest level of air pollution in the country in terms of ozone...
by Nowizard
Wed Apr 18, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 10464

Re: Got hit with a $2800 Medical bill. Can I negotiate?

Basically, many offices would say they will not negotiate on the part that represented an unmet deductible. They are essentially subsidizing a contractual portion of your insurance policy, a part of that is your responsibility to know about. I do not mean for this to be harsh, but doctors are in the...
by Nowizard
Wed Apr 18, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 158
Views: 17084

Re: anyone else not liking the new cars?

Absolutely detest grill on new Lexus automobiles. Deal-killer for sure.

Tim
by Nowizard
Wed Apr 18, 2018 1:54 pm
Forum: Personal Consumer Issues
Topic: 2018 Honda Fit EX
Replies: 33
Views: 2621

Re: 2018 Honda Fit EX

Saw one on a lot yesterday. Dealer had added all of the typical junk such as paint protection, dent protection (New one to me), well mat, etc. that added up to $3,000+ for items probably costing the dealer $200. Hopefully, this is not a national trend.

Tim
by Nowizard
Sun Apr 15, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 12521

Re: What is your AA, given your age? and, Why?

We are in our 70's and have a 60/40 stock/bond ratio. There is sufficient flexibility within total assets as to allow a more aggressive approach than most would recommend.

Tim
by Nowizard
Sun Apr 15, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8618

Re: Should we save for our son's college?

Broader question is should you save? Answer is definitely a resounding "Yes." What you do with the savings is your choice, however. If you save an amount that you believe will go to pay for college or graduate school expenses and do not use it for that purpose, you have still made a wise decision. M...
by Nowizard
Sun Apr 15, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Dealing with claustrophobia
Replies: 4
Views: 530

Re: Dealing with claustrophobia

If you are "Slightly" claustrophobic, meaning that there is discomfort in some situations but it does not interfere significantly with your daily life, then you are in frequent company among those facing an MRI. You will get advice in many places about seeking therapy, hypnotic training, etc., but a...
by Nowizard
Sat Apr 14, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3573
Views: 1018911

Re: What Movie Have You Recently Watched?

Nothing on television of interest last night and had access to "Three Billboards Outside Ebbing Missouri." It was very well done, Frances Dormand deserved her Academy Award, Woody Harrelson was excellent, and the movie was very engaging even though it did have some scenes that took liberty with like...
by Nowizard
Sat Apr 14, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: Cedar Fence: is Maintenance required?
Replies: 30
Views: 2238

Re: Cedar Fence: is Maintenance required?

Our fence is treated pine that has been painted. It has been painted twice in ten years and looks great today. It is approximately 200 feet long, six feet high. It can be painted with a roller and touched up with a brush for spots that do not cover in less than a day. Much less expensive than cedar ...
by Nowizard
Wed Apr 11, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Periodontist at fault?
Replies: 33
Views: 3427

Re: Periodontist at fault?

Our dentist simply recommends filling in the area between the top of the tooth and the gum line, assuming no infection or countering problem, not even that unless there is sensitivity.

Tim
by Nowizard
Tue Apr 10, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roths are our only retirement option. Should we use them to hold equities?
Replies: 13
Views: 1133

Re: Roths are our only retirement option. Should we use them to hold equities?

Basic guideline: If you think your marginal tax rate in retirement will be lower than during working days, put money into a traditional IRA, if higher, then a Roth. Not sure why you say a Roth is your only option.

Tim
by Nowizard
Tue Apr 10, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: Persian Rug Passed Down From Grandmother
Replies: 28
Views: 2281

Re: Persian Rug Passed Down From Grandmother

It is, unfortunately, much like treasured dishes, loved but as estate sale folks say, "You can't give them away to your children or sell them to anyone else" in most cases. We are in the same situation.

Tim
by Nowizard
Tue Apr 10, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 38856

Re: Name something you bought that wasn't cheap and glad you did

I love Kinsale, Ireland's cut glass tumblers, glasses and other items. Basically, they use designs similar to Waterford crystal but in the heavier form no longer typically (Ever?) used by Waterford. A whisky, not Whiskey since Scotland and Ireland do not use the "e", tumbler is approximately $75, pl...
by Nowizard
Mon Apr 09, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: Toyota 4 Runner
Replies: 39
Views: 3683

Re: Toyota 4 Runner

I have had a 2005 4-Runner, purchased new, and now drive a 2015 4-Runner, also purchased new. My son has the 2005, and it is continuing to run well at 160,000 miles. When transferring it to him, the mechanic offered me $8,500 for it, saying it had the 4-Runner has best engine he has worked on (He ha...
by Nowizard
Sun Apr 01, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: What is the likely future value of $200K in 30 years versus what Fidelity thinks?
Replies: 28
Views: 3854

Re: What is the likely future value of $200K in 30 years versus what Fidelity thinks?

No, it just provided columns that reflected the annual totals, assuming continued contributions and use of the recommended profile. It is a quite fascinating document that was, I am sure, provided with the thought typically reflected by Vanguard.

Tim
by Nowizard
Sun Apr 01, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: New car from dealer may have close to 150 miles - ok?
Replies: 66
Views: 6302

Re: New car from dealer may have close to 150 miles - ok?

DM200: The primary difference among dealers, of course, is related to their particular circumstances. I can assure you that I am not one of those people the dealers love to see coming when the negotiation for price occurs. I would love to see someone who could negotiate a lower documentary fee since...
by Nowizard
Sun Apr 01, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: What is the likely future value of $200K in 30 years versus what Fidelity thinks?
Replies: 28
Views: 3854

Re: What is the likely future value of $200K in 30 years versus what Fidelity thinks?

When we first transferred our assets to Vanguard, they offered a free financial update with projections based on data provided. Data was very extensive, and we have basically followed the recommendations, though being approximately 6% more aggressive with stock allocation. We look at the projections...
by Nowizard
Sat Mar 31, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 244
Views: 24065

Re: In what ways could BogleHeads be badly wrong ?

Well, Buffett would say putting all assets into a 500 fund is the way to go over the long haul.

Tim
by Nowizard
Sat Mar 31, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Does agent get paid if property taken by eminent domain?
Replies: 13
Views: 1914

Re: Does agent get paid if property taken by eminent domain?

Eminent domain question is for the attorneys posting, but the Realtor would receive a commission if property is purchased during the Protection Period, as we know from having a house on the market currently. There are often exclusive contracts obtained by Realtors both for representing a buyer or a ...
by Nowizard
Sat Mar 31, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: New car from dealer may have close to 150 miles - ok?
Replies: 66
Views: 6302

Re: New car from dealer may have close to 150 miles - ok?

As others have said, they want to sell it, and you quite possibly could buy it for less where it is now. The mileage is not the issue, but the dealer receiving the automobile will very likely negotiate a price covering the transfer cost, which you will pay. Also, different states and localities (Unl...
by Nowizard
Tue Mar 27, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 9776

Re: Blasphemy... DO PEEK!

Agreed. If the market is moving upward, then it is enjoyable to look. If it is moving downward, and you have a more conservative portfolio where you have focused on the overall percentile of your portfolio being below the 50th percentile, you can take some solace in "losing less than the market" dur...
by Nowizard
Tue Mar 27, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Where do I invest TODAY?
Replies: 10
Views: 1363

Re: Where do I invest TODAY?

For TODAY, the possibility of trade wars suggests international; for the long haul, others have given good advice that basically says follow your IPS.

Tim
by Nowizard
Mon Mar 26, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 11746

Re: Underrated places to visit in U.S.?

Not underrated, but New Orleans is fun. Memphis, Tennessee is a great place to visit for several days. Great BBQ but many other fine food restaurants at a bargain compared to more cosmopolitan ones. Civil Rights Museum, Beale Street, Graceland, FedX at the airport, Gibson Guitar, etc.

Tim
by Nowizard
Fri Mar 23, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: I am a newbie country hick and
Replies: 20
Views: 1870

Re: I am a newbie country hick and

If you have 900K invested with Vanguard, that would give you access to additional services. You might want to take a look at what they offer. However, if you suddenly came up with these "few dollars," and you have little investing experience, of course you are concerned. A first step would be to not...
by Nowizard
Wed Mar 21, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: Scottrade to Ameritrade
Replies: 5
Views: 641

Re: Scottrade to Ameritrade

The issue was I did not know when the stocks were purchased or the cost. However, after calling Customer Service, I discovered the problem was unfamiliarity with negotiating their web site. The data are there in appropriate form and even indicate the current amount of LT vs. ST gains. The issue was ...
by Nowizard
Tue Mar 20, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Considering a change in asset allocation; tell me if I'm approaching this the right way
Replies: 26
Views: 2649

Re: Considering a change in asset allocation; tell me if I'm approaching this the right way

You will find varying opinions on U.S. vs. international equity. We are among those who split equity between U.S. and international. Both approaches are acceptable. Some analysts say now is potentially a positive time to add international equity if one has decided to include it since international m...
by Nowizard
Tue Mar 20, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: TV and set up recommendations for above fireplace
Replies: 35
Views: 2509

Re: TV and set up recommendations for above fireplace

Most mounts allow you to tilt the TV forward and/or lower it. It is best to have a professional or the company where the TV is purchased to install the mount. COSTCO, for example, might sell for a better price, but does not install a mount or recommend an installer due to insurance concerns. We have...
by Nowizard
Tue Mar 20, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Discovered mistake on 2014 return—owe money
Replies: 23
Views: 3214

Re: Discovered mistake on 2014 return—owe money

I unintentionally failed to file an 8606 for my spouse and I for two years in the past (It did not involve a change in tax owed). Realizing this, I filed the four, delinquent forms and included a $200 check for the $50 penalty for failure to file each form. A letter was received from IRS asking what...