Search found 697 matches

by TravelforFun
Fri Sep 15, 2017 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Prioritizing investments- HSA goes where?
Replies: 27
Views: 2950

Re: Prioritizing investments- HSA goes where?

Agree with most. HSA, if you're qualified, should be your next priority after getting the 401K match. Additionally, if you have a long horizon of 20-30 years to retirement, invest your HSA in 100% equity and use other accounts to balance your investment and achieve your asset allocation goal.
by TravelforFun
Thu Sep 14, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: SS Deemed filing eligibility
Replies: 10
Views: 996

Re: SS Deemed filing eligibility

I was not going to post but I am honestly confused.Trying to figure out if we can use this strategy or not. I turn 66 in January Wife turns 68 in January My projected benefits at 66...2465 My wife's at 68 ....1685 We are both retired. Up until today we were both waiting until 70,but I was told to c...
by TravelforFun
Tue Sep 12, 2017 12:33 am
Forum: Investing - Theory, News & General
Topic: Recent Hurricanes Provide Good Lesson For Investors
Replies: 30
Views: 4138

Re: Recent Hurricanes Provide Good Lesson For Investors

Recent hurricanes also provide great investment opportunities. Those who bought USG, the company who makes drywall, a few days after Harvey hit is making a nice profit. Home Depot, Lowes, car companies will do well as well.
by TravelforFun
Tue Sep 12, 2017 12:18 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8099

Re: When calculating net worth, how do you value your house?

Of course the equity of your home should be included in your net worth calculations. If you owed $200,000 on your home and you withdrew $200,000 from your investment to pay off your home, your net worth shouldn't be down $200,000 in one day; you would have $200K less in investable assets but $200K m...
by TravelforFun
Thu Sep 07, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 5554

Re: Wife believes 7+% returns from stock market are guaranteed

You asked about taking a loan from your 401k last year. Did you take that loan to pay for the house in cash rather than acquiring a mortgage? Your wife may be reasonably questioning the overall resistance to a mortgage, even if she's overoptimistic on the stock market returns. If OTOH you took all ...
by TravelforFun
Thu Sep 07, 2017 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8292

Re: Protecting moms assets from nursing home expenses

Who would want to give away all their assets to others including their kids so they can stay in a government assisted facility?
by TravelforFun
Wed Sep 06, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12310

Re: Florida Hurricanes: When and where to go?

I'd take my computer backups with me and my cell phone. Computer backups may be the most important item to take with you, especially if they contain some files that you don't trust to the cloud. You'll need access to all your passwords, whatever password management system you use. If I were leaving...
by TravelforFun
Wed Sep 06, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 5554

Re: Wife believes 7+% returns from stock market are guaranteed

The OP is lucky. His wife hasn't talked to Dave Ramsey or he would have to argue against her 12% guarantee.
by TravelforFun
Mon Sep 04, 2017 10:47 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12310

Re: Florida Hurricanes: When and where to go?

I'm flying from Dallas to Atlanta to catch a plane to Europe on Friday. Ms. Irma, please slow down or dissipate.
by TravelforFun
Mon Sep 04, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: What is the "safe, safe" withdrawal rate?
Replies: 38
Views: 3913

Re: What is the "safe, safe" withdrawal rate?

I looked into getting the same $10,000 of yearly CPI COLA income without doing the TIPS ladder and found a couple would have to pay $295K for a SIPA. This is very similar to your annuity +TIPS ladder. For the sake of simplicity, wouldn't just buying a SPIA better? Arguably, yes. I wanted to account...
by TravelforFun
Mon Sep 04, 2017 6:27 pm
Forum: Investing - Theory, News & General
Topic: What is the "safe, safe" withdrawal rate?
Replies: 38
Views: 3913

Re: What is the "safe, safe" withdrawal rate?

We've had a couple of threads recently about SWRs (discussing comments from Kitces & Bengen), and oh, maybe two or three other threads over the past several years that also consider the thoughts from other "experts" (Bernstein, Pfau, Swedroe). After I posted in one of the other threads, I got to wo...
by TravelforFun
Mon Sep 04, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Costco Visa vs. Chase Sapphire Reserve
Replies: 73
Views: 7779

Re: Citi Costco Visa vs. Chase Sapphire Reserve

I have both the CSR and Costco Visa and the annual Costco cash back checks only entice me to spend more at Costco. You can cash your Costco check at the register. You don't have to spend it at Costco. You do have to go there, though. True but I don't know of anyone who goes to Costco just to cash t...
by TravelforFun
Mon Sep 04, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Costco Visa vs. Chase Sapphire Reserve
Replies: 73
Views: 7779

Re: Citi Costco Visa vs. Chase Sapphire Reserve

I have both the CSR and Costco Visa and the annual Costco cash back checks only entice me to spend more at Costco. You can cash your Costco check at the register. You don't have to spend it at Costco. You do have to go there, though. True but I don't know of anyone who goes to Costco just to cash t...
by TravelforFun
Mon Sep 04, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Costco Visa vs. Chase Sapphire Reserve
Replies: 73
Views: 7779

Re: Citi Costco Visa vs. Chase Sapphire Reserve

I have both the CSR and Costco Visa and the annual Costco cash back checks only entice me to spend more at Costco. I think I have applied for CSR twice (50K and 100K points) and canceled once. Those points get transferred to my Southwest account and allow me to use my SW companion pass status to fly...
by TravelforFun
Sat Sep 02, 2017 2:29 pm
Forum: Investing - Theory, News & General
Topic: OSWAN: Optimum Sleep Well At Night retirement plan
Replies: 37
Views: 3069

Re: OSWAN: Optimum Sleep Well At Night retirement plan

I keep 10 years worth of expenses in bonds funds and the rest in stocks or stock funds. Here is the research paper on spending from bonds first, if you can track the Greek symbols. http://www.retailinvestor.org/pdf/SpitzerSingh.pdf Michael H. McClung, in Living Off Your Money, recommends bonds-firs...
by TravelforFun
Sat Sep 02, 2017 12:01 pm
Forum: Investing - Theory, News & General
Topic: OSWAN: Optimum Sleep Well At Night retirement plan
Replies: 37
Views: 3069

Re: OSWAN: Optimum Sleep Well At Night retirement plan

Time Lord, 1) if you can work and love your job, why stop at 3-5 years? Keep going. I've reached my number a few years ago and started working part time last year, and it's great. 2) I don't have a fixed AA. I keep 10 years worth of expenses in bonds funds and the rest in stocks or stock funds. If I...
by TravelforFun
Sat Sep 02, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12310

Re: Florida Hurricanes: When and where to go?

In terms of evacuation, only evacuate if you are in the highest risk areas (right on the coast, mobile home etc.). Trying to guess even 3 days out exactly where a hurricane will hit is almost impossible. In other words, you could end up evacuating into more danger. Evacuate EARLY. It is hard for so...
by TravelforFun
Sat Sep 02, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12310

Re: Florida Hurricanes: When and where to go?

In terms of evacuation, only evacuate if you are in the highest risk areas (right on the coast, mobile home etc.). Trying to guess even 3 days out exactly where a hurricane will hit is almost impossible. In other words, you could end up evacuating into more danger. Evacuate EARLY. It is hard for so...
by TravelforFun
Sat Sep 02, 2017 11:31 am
Forum: Investing - Theory, News & General
Topic: Taxable account, all about retirement
Replies: 23
Views: 2683

Re: Taxable account, all about retirement

Does your employer have a high deductible medical insurance plan? If they do, choose that plan and invest in put money in an HSA. Money goes in and comes out tax-free.
by TravelforFun
Fri Sep 01, 2017 6:42 pm
Forum: Personal Consumer Issues
Topic: Dropped envelope of money at bank... Any lawyers here?
Replies: 72
Views: 3959

Re: Dropped envelope of money at bank... Any lawyers here?

Grt2bOutdoors wrote:
Fri Sep 01, 2017 6:38 pm
TravelforFun wrote:
Fri Sep 01, 2017 6:09 pm
Didn't someone just complain bogleheads topics are no longer interesting?
That's right! :)

Nothing gets the regular forum members out in full force like the use of the word "money" and "lawyers" in the same topic sentence. :P
Haha ... Agreed.
by TravelforFun
Fri Sep 01, 2017 6:39 pm
Forum: Personal Consumer Issues
Topic: Driving a car [in] Italy, any suggestion?
Replies: 47
Views: 2936

Re: Driving a car Italy, any suggestion?

- Most cars in Europe including rental cars run on diesel and have manual transmission. Can you drive a stick shift? - Rent the smallest car that can fit what you need as roads are narrow and parking spaces are tiny. - Do you have a companion that can look at maps/phones and direct you while you're ...
by TravelforFun
Fri Sep 01, 2017 6:09 pm
Forum: Personal Consumer Issues
Topic: Dropped envelope of money at bank... Any lawyers here?
Replies: 72
Views: 3959

Re: Dropped envelope of money at bank... Any lawyers here?

Didn't someone just complain bogleheads topics are no longer interesting?
by TravelforFun
Fri Sep 01, 2017 1:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: Hurricane Harvey Disaster
Replies: 1
Views: 322

Hurricane Harvey Disaster

I have not heard from any fellow bogleheads who live in the flooded area. I live in North Texas so am not affected by Harvey. What is your situation if you live in Houston, Beaumont or other disaster areas?

We are concerned.
by TravelforFun
Fri Sep 01, 2017 12:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 15851

Re: [Are the Bogleheads] getting less interesting?

VictoriaF wrote:
Thu Aug 31, 2017 9:12 pm
TomatoTomahto wrote:
Thu Aug 31, 2017 9:10 pm
That happens, and then sometimes the poster exits, either temporarily or permanently, but without being escorted out. I liked jbolden1517's posts also.
I miss sscritic.

Victoria
Same here especially since I'm now approaching my FRA.
by TravelforFun
Thu Aug 31, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor or Pay Down Loans?
Replies: 20
Views: 1280

Re: Mega Backdoor or Pay Down Loans?

I'd do option 2. Your investments should earn more than the interest on the loans. Where can you get a safe 4% return? Well the 10 year return on the 500 is over 7%. When the economy reboots I think the index stocks will return more than 4%. You can't ignore the risks associated with the stock mark...
by TravelforFun
Thu Aug 31, 2017 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 155
Views: 39891

Re: Time to reach 1M and 2M milestones

I graduated from college in 1977 dead broke. 33 years later in 2010 and after I had worked for three employers, I had $1 million of investable assets and a paid-for home. I expect to double my investable assets next year, 8 years after I crossed the two-comma threshold. I now work part time for my f...
by TravelforFun
Thu Aug 31, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor or Pay Down Loans?
Replies: 20
Views: 1280

Re: Mega Backdoor or Pay Down Loans?

patrick013 wrote:
Tue Aug 29, 2017 6:37 pm
I'd do option 2. Your investments should earn more than the interest
on the loans.
Where can you get a safe 4% return?
by TravelforFun
Sun Aug 27, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: LTCi or RM
Replies: 18
Views: 786

Re: LTCi or RM

Gnirk wrote:
Sun Aug 27, 2017 9:32 pm
itstoomuch wrote:
Sun Aug 27, 2017 9:07 pm
TD26426, you must be familiar with Seattle Transit and BigBertha. :annoyed
:moneybag :moneybag :moneybag
Except bridges usually cost much much less than tunnels.
by TravelforFun
Fri Aug 25, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Should I abandon airline credit cards for cash back?
Replies: 34
Views: 2905

Re: Should I abandon airline credit cards for cash back?

The whole game is a hobby that requires time and expertise to practice. If you are not particularly interested in indulging in that hobby then probably a cash back card is a better option. Ding ding ding, you figured it out. I applaud the people who have the patience, expertise, and/or time, for th...
by TravelforFun
Thu Aug 24, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Buying property in France
Replies: 27
Views: 2353

Re: Buying property in France

I would love to have a piece of property on the South of France, but I can't justify buying something and using it a few weeks a year, and I would not want to co-own it with someone else, nor be a very-long- distance lessor. So we continue to rent.
by TravelforFun
Wed Aug 23, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we consider cash flow from rentals but not our own homes?
Replies: 89
Views: 5740

Re: Why do we consider cash flow from rentals but not our own homes?

I've been thinking a lot about why some say that equity in an owner occupied home can't be counted on the same way as cash flow from a rental property. As such, an owner occupied home is more of a consumption expenditure than an investment. Until now I pretty much agreed with this sentiment. But re...
by TravelforFun
Wed Aug 23, 2017 6:51 pm
Forum: Personal Consumer Issues
Topic: How do you watch movies? (Theater, online streaming, DVD, etc.)
Replies: 40
Views: 2754

Re: How do you watch movies? (Theater, online streaming, DVD, etc.)

We go to AMC Showcase ( I think that's what it's called) two consecutive weekends in February when they play all the nominated-best-picture films before the Oscars. 10 movies or so in 4 days. The movie theater is in a shopping mall so we walk out to the mall between movies. We love it.
by TravelforFun
Mon Aug 21, 2017 5:04 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 14489

Re: How far would you travel to see The Eclipse?

Flew from Fort Worth, TX to Nashville, TN, then drove to Lebanon, TN. Totally worth it!
by TravelforFun
Fri Aug 18, 2017 7:09 am
Forum: Personal Consumer Issues
Topic: Soliciting personal recommendations for a Barcelona trip
Replies: 45
Views: 3544

Re: Soliciting personal recommendations for a Barcelona trip

Hope you haven't changed your mind yesterday. You should continue to plan to go.
by TravelforFun
Fri Aug 18, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Powerball - $510 million?
Replies: 64
Views: 4604

Re: Powerball - $510 million?

Good luck to all who buy tickets. I don't so you're not getting my money. :D
by TravelforFun
Fri Aug 18, 2017 7:00 am
Forum: Personal Consumer Issues
Topic: Where to View Total Eclipse? - Kansas City / Nashville et al
Replies: 98
Views: 6487

Re: Where to View Total Eclipse? - Kansas City / Nashville et al

I cannot believe it. Forecast now shows clear and sunny in Nashville on Monday.
by TravelforFun
Fri Aug 18, 2017 6:57 am
Forum: Personal Consumer Issues
Topic: If you received robocalls from cruise lines
Replies: 13
Views: 1596

Cruise Ship Robot Call Settlement

[Post moved to this existing thread - moderator prudent]

You may be eligible for $900 settlement. Click the link to the settlement website and see if your phone number was involved.
https://www.rmgtcpasettlement.com/Landing.aspx
by TravelforFun
Fri Aug 18, 2017 6:50 am
Forum: Investing - Theory, News & General
Topic: Depositing checks by uploading image from computer?
Replies: 10
Views: 1094

Re: Depositing checks by uploading image from computer?

I bank with Bank of America and depositing checks using their app on my phone. So convenient.
by TravelforFun
Fri Aug 18, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10347

Re: Anyone planning on never retiring?

None of my retired friends had gone 'stupid' during their first year or retirement. It would be a mistake to plan on never retiring.
by TravelforFun
Fri Aug 18, 2017 6:40 am
Forum: Investing - Help with Personal Investments
Topic: 30,000 in Checking Account
Replies: 101
Views: 12747

Re: 30,000 in Checking Account

lostdog wrote:
Mon Aug 14, 2017 9:43 pm
Make sure you're maxing your 401(k).
May not be a good suggestion. If the OP's tax rate is low, contribute enough to get the match and put the rest in taxable.
by TravelforFun
Thu Aug 17, 2017 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 58
Views: 4665

Re: Reverse Mortgage Considerations

If you have a Flagship portfolio and no mortgage, why did/do you feel you need hundreds of thousands of dollars in credit, with your home as collateral? Could you not simply get a loan (or a bank line of credit) with your $1m+ in assets as collateral? I suppose it's similar to a HELOC, albeit with ...
by TravelforFun
Wed Aug 16, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 58
Views: 4665

Re: Reverse Mortgage Considerations

We know about needing X (25-30 times net annual expense) in order to retire comfortably. Net annual expense is annual expenses minus pension, SS, and other income. A reverse mortgage can provide a monthly income until both spouses leave the house permanently, thus reducing your net annual expense a...
by TravelforFun
Wed Aug 16, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy for all taxable
Replies: 8
Views: 685

Re: LifeStrategy for all taxable

If I knew I wouldn't have to pay taxes on my earnings or my selling of shares, I would be very aggressive on my investments but it's the risk many don't want to take. My Roth and HSA are 100% stock and I use my IRA, 401K, and taxable accounts to achieve my AA.
by TravelforFun
Wed Aug 16, 2017 5:26 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2587
Views: 818228

Re: What Book Are You Currently Reading? Part VI

Hillbilly Elegy. This book answers a few questions about the rise of the alt.right movement and perhaps the result of the 2016 Election.
by TravelforFun
Wed Aug 16, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 58
Views: 4665

Re: Reverse Mortgage Considerations

We know about needing X (25-30 times net annual expense) in order to retire comfortably. Net annual expense is annual expenses minus pension, SS, and other income. A reverse mortgage can provide a monthly income until both spouses leave the house permanently, thus reducing your net annual expense an...
by TravelforFun
Mon Aug 14, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: MiFi for International Travel
Replies: 10
Views: 1008

Re: MiFi for International Travel

I used Skyroam the last couple of times I went to Europe and Asia. They worked great both times but it seemed the battery drained a lttle too fast the second time. $10 a day, unlimited data, and 5 devices can connect to it.
by TravelforFun
Mon Aug 14, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 124
Views: 8415

Re: Bitcoin

Malinois000 wrote:
Sun Aug 13, 2017 2:33 pm
I have a friend who purchased 100 shares of GBTC (ETF) at $200 several months ago. It closed at $616 on Friday. It's hard not to consider this asset class as a potential for at least a small percentage of your funds.
It went up to $760 this morning.
by TravelforFun
Mon Aug 14, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: How long to keep IRA records?
Replies: 54
Views: 3417

Re: How long to keep IRA records?

I don't keep my IRA records. I get Form 1099 R from my brokerage house for my IRA distribution and I use that to file my tax return. IRA distribution is taxed as regular income anyway.
by TravelforFun
Fri Aug 11, 2017 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: $50k loan from 401k for house
Replies: 21
Views: 1569

Re: $50k loan from 401k for house

MoR, I'll try to break down your example and compare 401K loan scenario vs. regular loan scenario. Example: 4% interest of 50k is 2k per year in interest. Let's say your tax bracket is 25% so you have to make 2.5k before tax money to pay that interest (you pay all loan interest with after-tax money ...