Search found 149 matches

by Michread
Mon Aug 10, 2020 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do when you won the game? Edited
Replies: 53
Views: 6768

Re: What did you do when you won the game?

We retired at age 55 just over 2 years ago. We started to travel and spend money but now that has come to a halt. Covid, covid go away, do not come back another day! :oops: Now we are looking at a lifestyle change and perhaps buying a second home. We will be spending the month of November in the Vil...
by Michread
Mon Aug 10, 2020 3:35 pm
Forum: Investing - Theory, News & General
Topic: Why not Vanguard U.S. Growth Fund?
Replies: 41
Views: 5256

Re: Why not Vanguard U.S. Growth Fund?

Why not Vanguard U.S. Growth Fund (VWUAX)? This fund has consistently outperformed the S&P and VTSAX. The ER isn't bad for being an actively managed fund. It is not the most tax efficient (41% turnover), so it would best be positioned in a tax advantaged account. Why not hold VWUAX along with V...
by Michread
Fri Jul 17, 2020 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Why is Fidelity so Persnickety
Replies: 20
Views: 7421

Re: Why is Fidelity so Persnickety

My adult son had to go into the Fidelity office last year to open a cash management account. He had an account at Vanguard and a credit union account but had no social media presence at that time.

They are very careful about fraud, identity theft, etc. Sometimes inconvenience = safety
by Michread
Tue Jun 23, 2020 12:51 pm
Forum: Investing - Theory, News & General
Topic: Malkiel weighs in on passive investing and alternatives to the 60/40...
Replies: 39
Views: 4885

Re: Malkiel weighs in on passive investing and alternatives to the 60/40...

Since ATT and Verizon were given as examples and I own both of these as common shares (25+ years), I looked up the difference between ATT common vs preferred stock https://www.nasdaq.com/articles/should-you-buy-atts-preferred-shares-instead-of-its-common-stock-2020-02-23 I’ll stick with my common sh...
by Michread
Sun Jun 21, 2020 4:37 pm
Forum: Personal Consumer Issues
Topic: Feminine Beauty Products - best bang for your buck?
Replies: 36
Views: 3748

Re: Feminine Beauty Products - best bang for your buck?

Dr. Bronner Castile liquid soap diluted with water in foaming dispenser for face washing Braggs Apple cider vinegar for astringent NOW brand MCT oil and add your own essential oils (lavender, rosemary, etc.) in small dropper bottle for moisturizer or organic virgin coconut oil (also for removing mak...
by Michread
Wed May 27, 2020 8:51 am
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 63
Views: 4732

Re: Any retirees get through Covid crisis without large cash reserve?

The question should be answered with whether retirees who keep cash reserves have income from sources like SS, annuities and pensions. Guaranteed income stream every month makes a difference which is not dependent on fluctuations of the market. Some of us are retired and totally dependent on income ...
by Michread
Wed May 27, 2020 8:38 am
Forum: Personal Consumer Issues
Topic: Bird Nest Forming Under Deck
Replies: 27
Views: 1613

Re: Bird Nest Forming Under Deck

Get rid of the nest before they lay eggs. We had a robin build a nest under our deck on the water hose. One year there were eggs before we got rid of it. We then had to wait until baby robins grew and flew away. Yes, and we have a sitting area under there and it was careful sitting until they were g...
by Michread
Tue May 26, 2020 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for science PhD student
Replies: 78
Views: 6447

Re: Career advice for science PhD student

Scientific laboratory sales. I know many who received their PhD and did the whole post doc to tenure track only to quit and go into sales. Also a former dentist too!

Thermo—Fisher Scientific is always hiring.
by Michread
Tue May 26, 2020 4:48 pm
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 63
Views: 4732

Re: Any retirees get through Covid crisis without large cash reserve?

We have 6 months living expenses in cash. We retired 2 years ago and are a several years away collecting SS.
by Michread
Wed May 06, 2020 5:05 pm
Forum: Personal Consumer Issues
Topic: 2020 travel plans
Replies: 95
Views: 4727

Re: 2020 travel plans

We plan to go ahead with our scheduled cruise from Boston to Canada in September if it sails. It all depends on your age and health. We are in our 50s and healthy. If you are elderly and/or have any health concerns- stay home. That is not us. As Thomas Friedman of the NYT said, it’s all about immuni...
by Michread
Sun Jan 05, 2020 2:29 pm
Forum: Investing - Theory, News & General
Topic: One podcast (or book) for the beginner in your life
Replies: 11
Views: 795

Re: One podcast (or book) for the beginner in your life

I bought Millionaire Teacher for my sons for Christmas based on this recommendation: https://www.bogleheads.org/forum/viewtopic.php?t=86317 I read the whole book before I gifted it to them. I think it’s a good primer and speaks to them (20 somethings). My elder son is reading it and we are discussin...
by Michread
Sun Dec 29, 2019 10:08 am
Forum: Personal Consumer Issues
Topic: Has anyone done Whole 30? [Diet]
Replies: 141
Views: 5991

Re: Has anyone done Whole 30?

If you eat meats, eggs and oils nothing will change. Just another fad/gimmick. If you have Netflix watch “Forks Over Knives”. Then watch “The Game Changers”. Keep researching. Listing "Forks Over Knives" and "The Game Changers" in the same post as the word "research" i...
by Michread
Sun Dec 29, 2019 9:13 am
Forum: Personal Consumer Issues
Topic: Recommended physical fitness websites/books/apps?
Replies: 83
Views: 7088

Re: Recommended physical fitness websites/books/apps?

Body by Science by Doug McGuff is a very straightforward weekly workout approach. His approach is to maximize benefits while minimizing the time spent. I have done this for a year and am pleased by my improvements. Here is a review... https://www.alexfergus.com/blog/body-by-science-high-intensity-t...
by Michread
Sun Jul 21, 2019 7:04 pm
Forum: Investing - Theory, News & General
Topic: Strength training is like investment
Replies: 46
Views: 3959

Re: Strength training is like investment

Very similar in that both personal trainers and financial advisors are generally unnecessary. How does the Lazy Portfolio fit into this entire theme? :P I'm so glad you asked! An entire beginner's strength program can be built around 4-5 compound lifts Barbell squat Barbell bench press Barbell over...
by Michread
Thu Jun 13, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: (Water Filtration System) Miracle we are all not dead
Replies: 61
Views: 6637

Re: (Water Filtration System) Miracle we are all not dead

We use a Berkey water filter tank. We like it and would recommend this inexpensive way to filter your drinking water. If you have fluoride, you would need to purchase the additional filter for the unit. Thankfully our water source does not have fluoride. :sharebeer

https://www.berkeyfilters.com/
by Michread
Sat Apr 20, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Money Revealed
Replies: 1
Views: 870

Money Revealed

Is anyone else signed up to watch this free series - Money Revealed?

I am signed up and have been watching the preview clips. Patrick did a great job with his other series so I expect this one to be excellent as well.
by Michread
Tue Apr 02, 2019 7:31 am
Forum: Personal Consumer Issues
Topic: Folks in their 60s and above. What early investment on health do you recommend.
Replies: 193
Views: 16004

Re: Folks in their 60s and above. What early investment on health do you recommend.

9. SPF 30. Stay in the shade. Don't worry, everyone's vitamin D "deficient" and it haven't been shown to have any negative impact. Did you throw this in as an April Fools joke?? Otherwise, this is one of the most patently false things I've ever read on this site (easily google-able). Vita...
by Michread
Sat Oct 06, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Anyone tried basil tea?
Replies: 24
Views: 1885

Re: Anyone tried basil tea?

You can dig it up and bring it indoors for the winter. I had a basil plant once live for 2 hrs before it got too woody. I put fresh basil leaves in my salad and sandwiches. You can cut the whole stems, tie it up and hang in a window to dry. Once dry, crumble leaves into a container and use as dried ...
by Michread
Thu Sep 06, 2018 8:23 am
Forum: Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 4728

Re: Psychology of saving for college vs retirement

Not all states make 529 worthwhile aka non-taxable and many small companies do not offer retirement plans. So some are stuck with just $5500/yr IRA We saved but never specifically for college. We paid off the mortgage early and paid all college expenses out of pocket. Still doing this for one child....
by Michread
Tue Aug 14, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: Trip to Maine
Replies: 50
Views: 5473

Re: Trip to Maine

When our children were small, they loved Storyland, Clark’s Trading Post and Santa’s Village in NH. We loved watching them enjoy themselves! There are many small children things to do in the White Mountains of NH as well as big kid activities.
by Michread
Sun Jul 15, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 91
Views: 8255

Re: Would you trade experiences in your youth for early retirement

We spent 40k on a camper and SUV to tow it. We had the camper for 9 yrs and SUV for 12 yrs; 10k back on sale of both. So 30K for camping experiences during the precious formative years of raising ours sons. Those years and experiences cannot be duplicated at a later time. We spent 30K on our yard - ...
by Michread
Tue Jul 10, 2018 7:00 am
Forum: Personal Consumer Issues
Topic: Any kayakers here?
Replies: 60
Views: 4481

Re: Any kayakers here?

We just bought 2 inflatable kayaks from Amazon.

Low cost to see if we like it. We took our maiden voyage last week on a calm lake in our town. It was smooth and fun. Not great on the lower back but I think with some adjustments it will be fine.
by Michread
Sun Jul 08, 2018 5:06 am
Forum: Personal Consumer Issues
Topic: Retirees...what’s your lunch menus?
Replies: 54
Views: 5035

Re: Retirees...what’s your lunch menus?

Soup and salad almost everyday alternating between the two. There are endless varieties of soups to be made.
by Michread
Sun Jun 24, 2018 6:44 am
Forum: Investing - Theory, News & General
Topic: Heavy in equities?
Replies: 46
Views: 5576

Re: Heavy in equities?

When you look at the Boglehead Wiki on VPW, those in retirement with higher equities can spend the larger amount every year. https://www.bogleheads.org/wiki/Variable_percentage_withdrawal BTW, I like this wiki and agree with it which maybe to our peril... since we are new retirees this year with hig...
by Michread
Tue May 22, 2018 11:38 am
Forum: Personal Investments
Topic: How long to hold 80/20 asset allocation
Replies: 58
Views: 17706

Re: How long to hold 80/20 asset allocation

We were 90/10 until this year at age 55. We are slowly changing AA this year due to retirement in less than 3 months. It worked for us through all these years of ups and downs. Do only what you can stomach. Yes, we lost about half our investments in 2008-2009 but we held on and have been rewarded. ...
by Michread
Sun May 13, 2018 2:14 pm
Forum: US Chapters
Topic: Happy Mother's Day
Replies: 4
Views: 1362

Re: Happy Mother's Day

Thank you!
by Michread
Wed May 09, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: Florida road trip - what towns to stay in?
Replies: 28
Views: 2494

Re: Florida road trip - what towns to stay in?

No Florida expert but just stayed in St Augustine and passed through DeLand which are both nice.

Be sure to visit the manatees in Blue Springs State Park near DeLand and take the boat ride through the St John’s River. In March, there were many alligators and birds to view - really nice ride!
by Michread
Fri Apr 20, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 119
Views: 24357

Re: New retirees: so whatdayathink ?

I’m tired of hearing, “Your too young to retire,” so I need to stop telling people. :oops:
by Michread
Mon Mar 12, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Should we buy my wife a new car?
Replies: 53
Views: 4702

Re: Should we buy my wife a new car?

No, keep your cars. Taking on debt and/or not saving in your early years is a mistake because of loss of compounding on your money. Get a new car after you buy the house and after you have kids, not now. Camry is a good car. We have a Toyota Camry v6 2005 with 140k miles or so. We put money into it ...
by Michread
Mon Mar 12, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: Men's Cologne
Replies: 66
Views: 7164

Re: Men's Cologne

The combined smell of your soap, clothes from laundry detergent, underarm deodorant, shampoo and conditioner is enough. People stop smelling what they are used to. Try switching your products and then you will be able to smell these perfumes. Save your dollars and your health (toxins in perfumes). C...
by Michread
Fri Mar 09, 2018 7:15 am
Forum: Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 10692

Re: Would YOU retire

We just did (retired) this month with less than what you have. We are younger, 55. But we expect we only need 80k on an up year to live the good life. :sharebeer “As soon as (Benjamin) Franklin acquired enough wealth not to have to work, he retired from business at the age of forty two and became a ...
by Michread
Sun Mar 04, 2018 7:24 am
Forum: Personal Investments
Topic: Morgan Stanley wants my 410K and everything else, Why?
Replies: 63
Views: 7361

Re: Morgan Stanley wants my 410K and everything else, Why?

My church has 5.7 million with Morgan Stanley. I have tried to discuss with the board about changes to no avail. If we as a church switched to Vanguard, we wouldn’t need our members to continue to increase their church pledges every year. It’s a tough sell because it’s everybody’s money but yet nobo...
by Michread
Sat Mar 03, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Walking shoes for plantar faciatis?
Replies: 61
Views: 10256

Re: Walking shoes for plantar faciatis?

Superfeet arches always feel like the are too far back toward my heel, anyone else experience this? Thanks again!! Than you have the wrong size of Superfeet! Buy the larger size than suggested for your size and cut to size for correct fit (esp. if your size is on the higher end of the Superfeet sho...
by Michread
Thu Mar 01, 2018 6:11 pm
Forum: Personal Consumer Issues
Topic: Walking shoes for plantar faciatis?
Replies: 61
Views: 10256

Re: Walking shoes for plantar faciatis?

+2 Superfeet inserts from Amazon worked for me! I use blue for my almost flat feet.
by Michread
Thu Mar 01, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 120
Views: 15203

Re: Honda vs. Toyota: Which has more bang for the buck?

My Honda HRV 2018 mid-model was 25k. Backup and passenger side cameras, 2 heated seats and brake hold are some of the features that are new to me that I really enjoy.
by Michread
Thu Mar 01, 2018 3:22 pm
Forum: Personal Investments
Topic: A Cathartic experience... what have you done to become mentally prepared?
Replies: 14
Views: 2666

Re: A Cathartic experience... what have you done to become mentally prepared?

Today is our first day of retirement for both of us at age 55. We expect to live on 80k/yr but if we had to we could live on 40k without any problems. That keeps us from worrying along with a plan for the next 10 years and beyond. Plotting it all out helps!!
by Michread
Tue Feb 27, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Florida in the summer
Replies: 113
Views: 13474

Re: Florida in the summer

This is very funny, I am the OP from 3 years ago. Well, we've since sold our home in NY and moved here full time in 2017. We absolutely love it! Summer was a bit humid but I played tennis all the time. Golf beach water reached 88 deg. Snowbirds are gone during the summer and there so much to do. We...
by Michread
Sat Feb 17, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: World Travelers: What's the local economy look like?
Replies: 12
Views: 1870

Re: World Travelers: What's the local economy look like?

In January 2018, I spent two weeks in Prague and then two weeks in Karlovy Vary. In Prague, I don't remember seeing new construction, but they were closing a bridge for maintenance. In Karlovy Vary, I saw a hotel in the central area being remodeled. Otherwise, I enjoyed beautiful cities unpolluted ...
by Michread
Tue Jan 09, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: When the rubber hits the road [Progressive Dementia thread with merged updates]
Replies: 108
Views: 10784

Re: The reality hits - my dementia update

Everyone over 40 should read, “The End of Alzheimer’s “ by Dr Dale Bredesen. I highly recommend it! There are many interviews with him on YouTube as well.
by Michread
Mon Dec 18, 2017 1:27 pm
Forum: Personal Investments
Topic: How long to hold 80/20 asset allocation
Replies: 58
Views: 17706

Re: How long to hold 80/20 asset allocation

We were 90/10 until this year at age 55. We are slowly changing AA this year due to retirement in less than 3 months. It worked for us through all these years of ups and downs. Do only what you can stomach. Yes, we lost about half our investments in 2008-2009 but we held on and have been rewarded.
by Michread
Thu Nov 30, 2017 7:56 am
Forum: Personal Investments
Topic: Edward Jones trap
Replies: 91
Views: 16263

Re: Edward Jones trap

Send them the link to John Oliver show on retirement. Losing 2/3 of their money through compounding fees may open their eyes. :oops:

https://www.youtube.com/watch?v=gvZSpET11ZY
by Michread
Wed Nov 08, 2017 7:07 am
Forum: Personal Consumer Issues
Topic: What do you do to keep your mind sharp?
Replies: 65
Views: 6945

Re: What do you do to keep your mind sharp?

I suggest reading the book The End of Alzheimer’s by Dr Dale Bredesen for everyone over the age of 45. It’s not just about Alzheimer’s but about keeping mind and body healthy. It’s about living life eating right, exercising and taking supplements.
by Michread
Fri Aug 18, 2017 12:35 pm
Forum: Personal Consumer Issues
Topic: DUI lawyer - need advice
Replies: 85
Views: 10993

DUI lawyer - need advice

My dc is up on dui/oui charges for a first offense. A tree was hit with no injury to anyone. Is it worth it to spend more money on a more expensive lawyer or is this standard fees and terms from a judge that a less expensive lawyer can handle?

Lawyer 1: $2000 fee upfront
Lawyer 2: $6000 fee upfront
by Michread
Tue Jul 18, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Physicals and Forms for Kids Activities
Replies: 12
Views: 1149

Re: Physicals and Forms for Kids Activities

Common but physical must be within one year. So your kids annual physical should be good enough. Take it to the doctors office to fill out THAT specific form from the program if needed. We've never had to do 2 exams in one year. We just kept a copy of the doctors generic form and copied each time ne...
by Michread
Thu Jul 06, 2017 10:07 am
Forum: Personal Investments
Topic: 45yo 18M portfolio, best way to grow?
Replies: 47
Views: 8178

Re: 45yo 18M portfolio, best way to grow?

WOW! Please share with us how you got there. We would like to learn from YOU. :shock:
by Michread
Thu Jun 08, 2017 7:07 am
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 25485

Re: 100% Stock Portfolio?

We got lucky! We've been 90/10 for the last 27 years. Just this month changed to 70/30 because early retirement is 6 months away at 55. Not recommended by most people. :oops: This is with 21 yrs of one income family of 4 with 2 children. We did it living below our means and with one stable high payi...
by Michread
Tue May 02, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Favorite Financial Indulgences
Replies: 78
Views: 10374

Re: Favorite Financial Indulgences

Stayed home to raise my children; homeschooled a total of 11 years. Paying for their college 100%. :mrgreen:
by Michread
Thu Apr 13, 2017 8:24 am
Forum: Investing - Theory, News & General
Topic: RATE OF RETURN - what does this mean?
Replies: 3
Views: 791

RATE OF RETURN - what does this mean?

Yes, I searched Bogleheads and the web! Can't find what I need. Specifically, when Vanguard gives "rate of return" on my Vanguard accounts site (non & taxable accounts) - what exactly does that mean? internal, personal, real, total, nominal, net .... :confused Is this before fees or af...