Search found 2005 matches

by GerryL
Tue Jan 15, 2019 11:30 pm
Forum: Investing - Theory, News & General
Topic: When/why have you needed customer service from Fido, VG, Schwab etc.?
Replies: 30
Views: 1418

Re: When/why have you needed customer service from Fido, VG, Schwab etc.?

As a VG Flagship client I have gotten a financial plan run twice in about five years. I have also called a few times to find out how to do something or to get a problem addressed — specifically cost basis issues. I have not called for advice.
by GerryL
Mon Jan 07, 2019 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: In Need of (Real) Financial Advice
Replies: 14
Views: 1528

Re: In Need of (Real) Financial Advice

PYF. Pay Yourself First. If you have any intention of consistently saving money, you need to make saving a part of your monthly budget. Even better, automate your savings. As you are discovering, money doesn't hang around and wait to be saved. Others here have alluded to this idea, but I wanted to c...
by GerryL
Mon Jan 07, 2019 9:04 pm
Forum: Personal Consumer Issues
Topic: How did store know what exact coupons to mail me?
Replies: 23
Views: 2257

Re: How did store know what exact coupons to mail me?

Several years back, when personalized coupons were just appearing, I used to get them at check out along with my receipt. Sometimes it was really creepy. Once I got a coupon for hair dye, which seemed to be a way of saying, "We notice you haven't bought any hair dye in quite awhile. We can see your ...
by GerryL
Mon Jan 07, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security question hindsight
Replies: 65
Views: 4891

Re: Social Security question hindsight

Just started SS late last year at age 70. Quite happy with my decision. One factor of deciding to wait is that you can always change your mind in the interim. I also had a tiny pension from a long-ago employer where I'd only worked for five years. I discovered it would continue to grow if I delayed ...
by GerryL
Mon Jan 07, 2019 1:34 pm
Forum: Investing - Theory, News & General
Topic: Strategy for the Bogleheads contest
Replies: 35
Views: 1696

Re: Strategy for the Bogleheads contest

Do you think many players are really strategizing like this? I figure during the first day or two you could easily pick a number and you owned it. Once the thread grew, there was a greater chance that someone else had already selected the same number, so you would need to tweak your original guess. ...
by GerryL
Sun Jan 06, 2019 8:56 pm
Forum: Investing - Theory, News & General
Topic: For those retired a few years
Replies: 58
Views: 4753

Re: For those retired a few years

Retired 4.5 years now and spending much more freely than I ever had in the past -- because my financial plan says I can. I gave myself a $10k allowance for travel and over shot it by 50% last year, but I still spent 35% under my overall spending target. After a life of living frugally, it is challen...
by GerryL
Sun Jan 06, 2019 8:44 pm
Forum: Investing - Theory, News & General
Topic: How do you view a savings surplus in retirement?
Replies: 117
Views: 5938

Re: How do you view a savings surplus in retirement?

I have a stash of company stock that I did not include in my portfolio when I had my financial plan rerun last year. It accounts for about 15% of my total portfolio. The stock is what I would call a surplus, since my financial plan works fine (more than fine) without it. I am using high LTCG shares ...
by GerryL
Sat Jan 05, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: "Road Scholar" Travel
Replies: 18
Views: 2251

Re: "Road Scholar" Travel

I've been travelling with RS since I retired in 2014, a couple of domestic trips, one to eastern Canada last year, one to Peru, and the rest to France. It's the only programmed-tour group I've travelled with (so far). While they used to be known for more budget/simple travel, many of their trips now...
by GerryL
Sat Jan 05, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: 11 days in Europe...Budget and logistical advice please
Replies: 73
Views: 3807

Re: 11 days in Europe...Budget and logistical advice please

WARNING. Be aware that the last weekend in August is the end of the summer vacation season in France. You will not want to be anywhere near an airport or train station, and certainly not on the roads. The traffic maps in the days leading up to "La Rentree" are almost all orange and red predicting a...
by GerryL
Sat Jan 05, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: Carryon for 7-day FL vacation?
Replies: 63
Views: 2580

Re: Carryon for 7-day FL vacation?

If I can go to France for a month with a carry-on size suitcase, you should be able to manage 7 days in Florida.

That said, when I go to FL for 2 weeks I take a full-size suit case because I bring work clothes and fill the rest of the suitcase with stuff to donate at the place I volunteer.
by GerryL
Sat Jan 05, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4442

Re: Retirees: any major goals for 2019?

Retired 4.5 years. Thoroughly enjoying it. I will continue traveling (and planning travel), which is business as usual. Have deposits down on 2 international trips for 2019. But as a solo (aka Elder Orphan) with a family history of Alzheimer's, my big goal for 2019 is to start preparing for the day ...
by GerryL
Fri Jan 04, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8235

Re: What Do You Spend The Most On Annually?

Retired with paid-off home.

Currently:
1 Travel
2 Charity

As time moves on (and as I can do QCDs) Charity will move up and could pass Travel. Or maybe not, if I decide to increase my travel expenditure
by GerryL
Thu Jan 03, 2019 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5274

Re: Ever wonder if you are saving Too Much?

As others have said, set savings goals but also make sure to enjoy your life in the here and now. Just be aware that if you become accustomed to a more expensive lifestyle, you'll need to save more to support that lifestyle in retirement. I am one of those people who did save "too much." But having ...
by GerryL
Thu Jan 03, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4214

Re: What do you think of this advice?

What should I do during a stock market crash? Quora link: https://qr.ae/TUnNcK tldr on advice: Learn how to perform at least basic technical analysis. Learn how to hedge your portfolio. Do NOT start buying randomly during a crash, because you can easily lose 50–100% doing that. And keep in mind tha...
by GerryL
Wed Jan 02, 2019 3:09 pm
Forum: Forum Issues and Administration
Topic: Making it easier to track posts from the OP
Replies: 50
Views: 5242

Re: Making it easier to track posts from the OP

Noticed. Love it. Thanks.
by GerryL
Wed Jan 02, 2019 1:52 pm
Forum: Personal Consumer Issues
Topic: Black licorice fans - suggestions?
Replies: 29
Views: 1440

Re: Black licorice fans - suggestions?

For a while I was hooked on the black "Australian" licorice being sold at Costco. Can't recall the brand but it comes in a white bag. After buying -- and consuming -- 3 or 4 bags in quick succession I quit cold turkey. Nowadays I stop by a local supermarket that has decent licorice all-sorts in the ...
by GerryL
Tue Jan 01, 2019 7:09 pm
Forum: Personal Consumer Issues
Topic: Selecting a mattress topper
Replies: 4
Views: 455

Re: Selecting a mattress topper

I use the Nova topper (from Costco) on an aging Beautyrest. (Very aging.) I got my first one when I started feeling unrested and wondered whether I should bite the bullet and get a new mattress. But I loved it! While I was at work I was thinking about how early I would go to bed that night just so I...
by GerryL
Tue Jan 01, 2019 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Budgeting
Replies: 10
Views: 1479

Re: Retirement Budgeting

If you are a Quicken user and have a good handle on your spending, you could try what I do. I call it "budgeting after the fact." I routinely log my expenses in Quicken. (I don't get too fussy about cash or everyday discretionary spending. That's what the Miscellaneous-cash and -noncash categories a...
by GerryL
Tue Jan 01, 2019 5:42 pm
Forum: Investing - Theory, News & General
Topic: Is it ok to hold some of the same mutual funds in Roth IRA as in taxable accounts?
Replies: 13
Views: 1219

Re: Is it ok to hold some of the same mutual funds in Roth IRA as in taxable accounts?

Perfectly fine, but it could be a hassle if you intend to do any tax loss harvesting in taxable. Especially true if you make monthly deposits to the Roth and are auto-reinvesting dividends.
by GerryL
Tue Jan 01, 2019 2:50 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2019 BOGLEHEAD CONTEST [Entry deadline has passed]
Replies: 673
Views: 12271

Re: REGISTRATION FOR 2019 BOGLEHEAD CONTEST

2531.92 (Not succumbing to wishful thinking.)
by GerryL
Mon Dec 31, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: Happy New Year Do you have plans?
Replies: 37
Views: 1786

Re: Happy New Year Do you have plans?

Just ran out to the 99 Ranch Market and bought some roast duck. That will be my New Year's Eve dinner (and several more meals). New Year's Eve duck is sort of a new tradition for me. Then tonight I plan to watch two different versions of Wuthering Heights, one that I recorded from PBS and the other ...
by GerryL
Mon Dec 31, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions sought re: age-related investing issue
Replies: 39
Views: 2067

Re: Opinions sought re: age-related investing issue

Your friend's advisor projected that he will make her 4-7%?
Well, my financial plan was drawn up based on my living to 100. But I'm projecting that I will live to 111 -- and stay in perfect health.
See how that works?
by GerryL
Sun Dec 30, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Budgeting for unexpected and capital expenses in retirement
Replies: 15
Views: 1108

Re: Budgeting for unexpected and capital expenses in retirement

My last financial plan was based on an annual spending amount that I am unlikely to hit. In fact, this year, the first with this high spend target, I will come in with about a third of my "allowance" unspent. I decided to start a page in my notebook to maintain an at-a-glance log of how my annual sp...
by GerryL
Sun Dec 30, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Best bet for streaming YouTube TV on my TV?
Replies: 27
Views: 2004

Re: Best bet for streaming YouTube TV on my TV?

I use my Sony DVD player to access Netflix , You Tube, etc. Works fine. My Panasonic Blu-Ray player has a bunch of apps, including YouTube. But after a few years the Panasonic Vieracast system on my unit would not support the newer version of the YouTube app. The danger of counting on the more expe...
by GerryL
Sun Dec 30, 2018 1:57 am
Forum: Personal Consumer Issues
Topic: Best bet for streaming YouTube TV on my TV?
Replies: 27
Views: 2004

Re: Best bet for streaming YouTube TV on my TV?

I use my Tivo OTA box, which includes a YouTube app in the selection of apps it offers, to watch YouTube. I assume from what I see that it would support subscription YouTube. I got my Tivo several years ago after someone on BH mentioned that they have occasional sales. I set up an alert and was even...
by GerryL
Sat Dec 29, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 903
Views: 232753

Re: What is your Year 2018 networth change?

Right now I'm just keeping my eye on my tIRA because I am due to start RMDs next year and the 12/31 value will indicated the minimum I need to take out. Looks like I'll be down about 6% from the high for the year, which will make the RMD lower than I'd estimated. Will need to adjust my QCD and reinv...
by GerryL
Sat Dec 29, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 4434

Re: What do you do with dividends?

We let ours go to cash for periodic reinvestment. This helps reduce the number of tax lots, and also minimizes the need to rebalance — just direct dividends to whatever is low. The downside is that it requires manual intervention, and I sometimes forget (or am too lazy) to deal with it in a timely ...
by GerryL
Fri Dec 28, 2018 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: What do you do with dividends?
Replies: 51
Views: 4434

Re: What do you do with dividends?

I had my taxable fund set to automatically reinvest dividends for over 20 years. When I retired and put off taking social security, I started taking dividends as income to supplement the cash I had set aside from my severance package. I'd never withdrawn a penny from my taxable fund and had never to...
by GerryL
Fri Dec 28, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: cash
Replies: 13
Views: 1513

Re: cash

The answer will depend on when you expect to use this money. Safety is relative. If you will need to access the money in the next 5 years or so, you will want to keep it in a low-interest vehicle like a money market fund. But if this is for long-term use -- 10 years or more -- keeping it in a "safe"...
by GerryL
Fri Dec 28, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: Saving at Costco
Replies: 109
Views: 8101

Re: Saving at Costco

I'm the wrong person to provide a response. I go to Costco to get steps on my Fitbit (which I bought at Costco). I never fill a shopping cart, but I do often make impulse purchases, just for fun. In fact, I'm about to head over there this afternoon to gas up my car. I agree with person who suggested...
by GerryL
Fri Dec 28, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: I'm out, should I jump right back in?
Replies: 26
Views: 3453

Re: I'm out, should I jump right back in?

Why would you opt to get a check? You could have rolled over direct into a MM fund and not had to go through the shenanigans of a physical check and then a redepositing and proof of such to mitigate the possible taxes. In my experience, some companies will not do a direct rollover and will only iss...
by GerryL
Thu Dec 27, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on generating retirement income
Replies: 14
Views: 1600

Re: Need advice on generating retirement income

OP:
If you haven't already, check out the Jane Bryant Quinn book Make Your Money Last.
http://janebryantquinn.com/janes-books/
by GerryL
Thu Dec 27, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9293

Re: What common everyday inconvenience have you intentionally suffered for frugality?

The car stories reminded me of some things I will let go because they cost too much to fix on a car that is getting on in years. The light on the passenger-side visor mirror died. $120 to fix. Nah, my mother could wait to touch up her make up. The hinge on the trunk started getting funky and the tru...
by GerryL
Thu Dec 27, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for small donors - my experience
Replies: 49
Views: 2775

Re: Donor Advised Fund for small donors - my experience

My plan is that donations in my 70s and later will be either: (1) QCDs from an IRA (generally large donations) or (2) DAF grants (from DAF balances built up through tax-efficiently batched donations of appreciated securities during my 60s while doing Roth conversions) These will generally be used f...
by GerryL
Wed Dec 26, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for small donors - my experience
Replies: 49
Views: 2775

Re: Donor Advised Fund for small donors - my experience

In the future I may use a Donor advised fund. I think it will take out the scrooge in me. Just make a decision of amount, fund it and then send money to charities. Gets rid of making multiple money decisions. Money doesn’t even need to be used in the year of donation. I also like anonymity. Yes, ma...
by GerryL
Wed Dec 26, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9293

Re: What common everyday inconvenience have you intentionally suffered for frugality?

Where I live I can take a bus (3 doors from my house) to light rail and then straight to the airport. Bus is not very frequent and train ride is about an hour, but it beats spending $60-$70 a week (maybe more now) to park near the airport. Sometimes friends will drop me off or pick me up at light ra...
by GerryL
Wed Dec 26, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: What have you learned this year
Replies: 90
Views: 6872

Re: What have your learned this year

Retired now 4+ years.
Financially and personally: I can -- and should -- spend more.
by GerryL
Wed Dec 26, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to manage “uncertain” Roth eligibility years
Replies: 15
Views: 990

Re: How to manage “uncertain” Roth eligibility years

I ran into this "problem" during my final working years. Took the easy way out and just waited until I figured my taxes before contributing to the Roth -- if I had any room. So, option #2.
by GerryL
Wed Dec 26, 2018 2:33 pm
Forum: Investing - Theory, News & General
Topic: Why call them "losses" when you still own the shares?
Replies: 103
Views: 4886

Re: Why call them "losses" when you still own the shares?

I didn't see anyone here mentioned the opportunity cost: Had you bought the same shares after they dropped, you would pay less money (or more shares given same amount of money), but you bought those shares high, and you can't do anything now about it. Opportunity cost is a real cost and losing an o...
by GerryL
Tue Dec 25, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 407
Views: 58152

Re: What NON frugal thing did you do today?

Not today but last week: Paid deposits on two (more) trips, one in Sept 2019 and the other a year later. Splurged to get balcony cabins! Travelling as a solo it is hard to get deals on single cabins. Grabbed them now so I could get them at all. Got the last one on the 2019 voyage. Both are actually ...
by GerryL
Mon Dec 24, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course or change portfolio
Replies: 15
Views: 1682

Re: Stay the course or change portfolio

Greetings, Until recently, my portfolio was 40% stock and 60% bond/CD. A few months ago, I sold all bonds, closed my CDs and bought more stocks. My portfolio is now 100% stock. Since I started investing recently, I do not have that much accumulation and my net worth is down about 20%. My non-taxabl...
by GerryL
Mon Dec 24, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Policy F High Deductible
Replies: 9
Views: 948

Re: Medigap Policy F High Deductible

Spiritrider, thanks for the reference. I've been wondering whether G would be offered with a high-deductible option. Have heard that might be a possibility, but it is good to see it in writing -- as a strong likelihood. (Nothing is real until it is real.) I'm on F-HD. Have never gotten anywhere near...
by GerryL
Mon Dec 24, 2018 1:29 am
Forum: Personal Consumer Issues
Topic: French Press recommendations
Replies: 24
Views: 1402

Re: French Press recommendations

Dang. I clicked on this because I thought it was going to be about recommendations for French-language newspapers and magazines.
by GerryL
Fri Dec 21, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Market Happenings OK to Start Roth IRA?
Replies: 12
Views: 782

Re: Market Happenings OK to Start Roth IRA?

Thank you for the informative responses. Just seemed unwise to invest now with the declines and rather keep it the money in a high yield savings. But, that would be timing the market and against everything we are taught. If you want to make a purchase -- say, like a big-screen tv or a new washer an...
by GerryL
Thu Dec 20, 2018 6:36 pm
Forum: Personal Consumer Issues
Topic: Email Accounts - How Many / Security / Best Practices
Replies: 46
Views: 3466

Re: Email Accounts - How Many / Security / Best Practices

Glad to know I'm not the only person with too many email addresses. I often wonder about the couples who share a single email address while I have 8 all to myself. It can be confusing, but I've been doing it long enough that I'm handling it well -- except when I accidentally send an email from the w...
by GerryL
Thu Dec 20, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: When do Social Security payments count as income?
Replies: 24
Views: 3030

Re: When do Social Security payments count as income?

OP. Maybe you did not listen long enough for the callback option to surface. Just used the callback yesterday and they did so in the timeframe they said. This is one of those cases that you don't know what you don't know. Now you know. There is callback. You're right Shallow. As I mentioned in an a...
by GerryL
Thu Dec 20, 2018 3:45 pm
Forum: Investing - Theory, News & General
Topic: Why contribute to retirement funds?
Replies: 43
Views: 3230

Re: Why contribute to retirement funds?

If you are making 200-300k, maxing out 401K at 19k should not even be noticeable for you. And you get to save 5-6k in taxes that you can put in a taxable account. Win-win +1. It becomes not about saving but about spending. I do not live in an HCOL area but I made a lot less than $200k-300k. Still m...
by GerryL
Wed Dec 19, 2018 1:24 am
Forum: Personal Consumer Issues
Topic: Kitchen refresh/remodel ideas
Replies: 36
Views: 2438

Re: Kitchen refresh/remodel ideas

Take a hard look at how you work in your kitchen, does the layout really work? While you stated up front that major layout changes aren't going to happen, could some minor changes make it work better. Moving plumbing, gas or electric over a few feet isn't a major change, but it can make a kitchen w...
by GerryL
Wed Dec 19, 2018 1:01 am
Forum: Investing - Help with Personal Investments
Topic: Are limit orders an attempt at timing the market?
Replies: 14
Views: 984

Re: Are limit orders an attempt at timing the market?

The only stock I own came through my employer plan (employee purchase or RSUs) so I've never executed a buy. But when I sell, I only do limit orders. I figure out the price I want for the shares and how much LTCG I'll get for the lots I am selling so I can plan for taxes. The only timing I am doing ...
by GerryL
Mon Dec 17, 2018 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-paying mortgage only in early years
Replies: 51
Views: 3554

Re: Pre-paying mortgage only in early years

This is where you put the personal in personal finance. I have the same mortgage rate. We pay extra to feel like we're doing something, but not so much because the majority of our extra funds are going into tax efficient investments in a taxable account with long term expected higher growth. We rou...