Search found 1407 matches

by Nowizard
Sat Jul 14, 2018 9:07 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349331

Re: What are you up YTD? [Year To Date]

1.02 UTD for 59/41

Tim
by Nowizard
Thu Jul 12, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Costco Membership
Replies: 46
Views: 4822

Re: Costco Membership

Have a Costco member give you a gift card for a purchase, reimburse them and go without a membership. I believe this is allowed based on just making a Google search.

Tim
by Nowizard
Thu Jul 12, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 122
Views: 9148

Re: Keeping a checkbook register

I keep a register and have for many, many years. Doing so now is because of two reasons: 1. Habit that has served me well, 2. It provides a history of my family in the sense that looking back at the books allows one to determine who was a particular baby sitter, when did saving for college funding b...
by Nowizard
Thu Jul 12, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: What to do with "Extra" money:
Replies: 8
Views: 844

What to do with "Extra" money:

We have been accumulating cash for a proposed move from a LCOL area to a HCOL area that would involve selling our present home and purchasing a significantly more expensive, but smaller, home in the HCOL area. Circumstances resulted in a change of plans, though we will leave our current home on the ...
by Nowizard
Wed Jul 11, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?
Replies: 62
Views: 4832

Re: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?

Glockenspiel: Housing price comment based on children's experience, but if you read the post, it says "May be," not are less.

Tim
by Nowizard
Tue Jul 10, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12650

Re: What are your property taxes?

House appraised for 570K, taxes, combined city/county, are $2,661, absurdly low!

Tim
by Nowizard
Tue Jul 10, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?
Replies: 62
Views: 4832

Re: Thinking about moving to Madison, WI or Minneapolis, MN..Any advice?

Both cold, of course, in winter. Madison smaller with great culture. Political culture very liberal in Madison which is a likely positive or negative these days. Overall, both (Children live in both places) are places where you can find culture, activities, educational opportunities. Minneapolis may...
by Nowizard
Tue Jul 10, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Target date funds....unsophisticated?
Replies: 64
Views: 4395

Re: Target date funds....unsophisticated?

If someone invests in a Target Fund that focuses on the investor being five years from retirement with a 40/60 stock/bond ratio, for example, will the investor retain that ratio forever, or does the investor continue to be moved to another retirement fund with more conservative weighting over time? ...
by Nowizard
Sun Jul 08, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?
Replies: 95
Views: 5300

Re: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?

Not "hosed" yet but just wait until they recommend replacing hoses and the timing belt! Find an independent mechanic.

Tim
by Nowizard
Thu Jul 05, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17903

Re: Morningstar: prepare for a lost decade for U.S. stocks

If no one knows where the market is going, then diversity is basically the only rational choice we can make. Within diversification, there are numerous ways to focus on the areas of stocks and bonds, including changing ratios based on factors other than age and total assets. It may not make sense fo...
by Nowizard
Wed Jun 27, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Help with bond funds vs. CD's in retirement portfolio:
Replies: 4
Views: 478

Re: Help with bond funds vs. CD's in retirement portfolio:

All funds are in tax-advantaged accounts and switches incur no tax consequences until removed by MRD's. There is no need to have immediate access to the assets since MRD's, SS and a pension exceed our spending. The basic questions are whether it is six of one and half a dozen of another, as one resp...
by Nowizard
Wed Jun 27, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Help with bond funds vs. CD's in retirement portfolio:
Replies: 4
Views: 478

Help with bond funds vs. CD's in retirement portfolio:

We have significant assets in Vanguard's Total Bond Index and Short Term Bond index. Our primary concern is preservation of capital as our portfolio is sufficient to maintain our life style indefinitely. These two funds have 2.26% and 1.83% average returns, respectively, for the past five years acco...
by Nowizard
Tue Jun 26, 2018 7:42 am
Forum: Investing - Theory, News & General
Topic: What Now With Down 2018 Market
Replies: 32
Views: 6216

Re: What Now With Down 2018 Market

There is always something. When younger, we are more concerned with acquiring enough in assets to retire comfortably, when older we are more concerned with preserving assets that allow a comfortable retirement. Comfort is the underlying goal, and that goal can both appear to be and be elusive. Such ...
by Nowizard
Sun Jun 24, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting your number---Now What?
Replies: 19
Views: 2971

Re: Hitting your number---Now What?

It depends on how close you are to your target or how far above it. If the latter, you may want to be more aggressive with a portion of your portfolio, if not, you will want to minimize risk. The most difficult change for us was to become more conservative. It takes awhile to become comfortable with...
by Nowizard
Sun Jun 24, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 40
Views: 3107

Re: Compliments for Vanguard?

Every company has its strengths and weaknesses, some being factual, some relating more to the perception of the customer. This exists in every life area, for example choices involving politics, religion, profession, etc. Vanguard is not perfect but finances definitely demand a dependable degree of h...
by Nowizard
Sun Jun 24, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: To sell or not sell individual stocks
Replies: 6
Views: 608

Re: To sell or not sell individual stocks

Paying taxes is a "good thing" in the sense that it means your investments have done well. Also, since you do not need the additional money, you would have no problem paying the taxes. You indicate you would put the proceeds in a MM fund, though you would have other choices such as putting part or a...
by Nowizard
Sat Jun 23, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: No interest mortgage
Replies: 6
Views: 709

Re: No interest mortgage

If it is a mistake, you will almost certainly be expected to pay. You are basically saying you have some question about whether you are receiving benefits for which you are not entitled. Inquire and sleep well at night. Hopefully, you are not in arrears. Large companies are typically not going to ma...
by Nowizard
Sat Jun 23, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: Complain or Negative Review for Rip-off Plumber?
Replies: 29
Views: 2979

Re: Complain or Negative Review for Rip-off Plumber?

Check other reviews of this firm. If they are positive, then give your review and close with a statement that yours could be an isolated experience that still requires caution. You may have older pipes if soldering was required since metal ones are less frequent, with exceptions, these days.

Tim
by Nowizard
Sat Jun 23, 2018 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: When you cut spending, what do you cut?
Replies: 84
Views: 8439

Re: Retirees: When you cut spending, what do you cut?

Our goal was to be able to enjoy ourselves by not being overly frugal during our working years and to save/invest enough so that we could have options regarding spending more or less in retirement. Not everyone can achieve that goal, but it is one to consider within individual circumstances. In othe...
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: 9480

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: 2375

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: 152
Views: 11877

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: 37548

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: 456
Views: 102080

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: 191
Views: 16727

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: 191
Views: 16727

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: 191
Views: 16727

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: 191
Views: 16727

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: 1490

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: 5514

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: 276
Views: 13949

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: 4116

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: 2704

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: 1652

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: 550
Views: 35650

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: 3644

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: 6326

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: 2151

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: 8092

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: 16389

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: 10820

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: 17345

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: 2728

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: 13055

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: 8823

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: 538

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: 3601
Views: 1026754

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: 2282

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 ...