Search found 9228 matches

by tibbitts
Wed Nov 13, 2019 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 792673

Re: What's Your Credit Card Rewards Strategy?

I think I'll piggy back here with this question. Is the Gold Delta card worth it if the offer is 70,000 miles? My current rewards strategy is Chase all the way: Reserve, Freedom Unlimited, Freedom, Business Ink Cash. We always fly Delta, but find the Chase Ultimate rewards points to be more flexibl...
by tibbitts
Tue Nov 12, 2019 9:05 am
Forum: Personal Investments
Topic: TIAA's real estate fund
Replies: 11
Views: 796

Re: TIAA's real estate fund

Here is the link for who is eligible: https://www.tiaa.org/public/retire/financial-products/annuities/annuity-ira-benefits I did know that you could qualify by relationship but did not realize how broad the definition had become. Yes, as this TIAA video about who counts as a family member indicates...
by tibbitts
Mon Nov 11, 2019 7:43 pm
Forum: Personal Investments
Topic: About to put $ in Fixed income, which one?
Replies: 16
Views: 1859

Re: About to put $ in Fixed income, which one?

If you can move money around to maintain your asset allocation and have a deferred plan with a stable value fund, it might pay more than Prime.
by tibbitts
Mon Nov 11, 2019 7:35 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

I do enjoy my career, but it is only a means to an end. My work, while giving me significant time off, greatly limits our ability to travel during much of the year. Considering that our desired spending is only around half of our current income, an early retirement (age 53-55) is very much within o...
by tibbitts
Sun Nov 10, 2019 12:04 am
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 173
Views: 12732

Re: Spend It All vs. Leave $$ for the Kids

I don't have kids, but have someone who's like one to me, and I want to make sure there's enough money to take care of me when I'm old. She might have to make decisions for me, and that will be enough of a nuisance without her having to think about unreasonable financial limitations. She and her fam...
by tibbitts
Sat Nov 09, 2019 11:54 pm
Forum: Personal Consumer Issues
Topic: recommendation request for cell data service and device
Replies: 9
Views: 859

Re: recommendation request for cell data service and device

Thanks to everyone for the suggestions - I'll research each one further and choose one to try. The amount of data is somewhat of a worst-case based on what I use at home now.
by tibbitts
Sat Nov 09, 2019 10:07 pm
Forum: Personal Investments
Topic: Retire at 50(ish) possible?
Replies: 38
Views: 5871

Re: Retire at 50(ish) possible?

Profile - 45 years, single, no kids Portfolio - $605,000 (as of EOD Fri) : 35% Large, 28% Small, 19% International, 16% Bonds, 2% Cash [Portfolio split: 75% in Taxable, 25% in 401k] Contribution rate - $65,000/yr Debts - Car loan at 0%, $450/month, 25 mos. left, will be channeling this into my Port...
by tibbitts
Sat Nov 09, 2019 11:29 am
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

" If history is any guide for the future , then withdrawal rates of 3% and 4% are extremely unlikely to exhaust any portfolio of stocks and bonds during any of the payout periods shown in Table 1. In those cases, portfolio success seems close to being assured." Throughout the period used for backte...
by tibbitts
Sat Nov 09, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 61
Views: 4670

Re: How bad business travel is?

Could somebody that travels over 20% of their time calculate what the bonus points, mileage and perks are actually worth? Also don't use the rack rates. For example, if your points get you a one week stay at the Hyatt Regency Maui Resort And Spa - use the normal rate you would pay (not the $900 per...
by tibbitts
Sat Nov 09, 2019 11:12 am
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 61
Views: 4670

Re: How bad business travel is?

The things that can make or break business travel are the travel policies of the company. Do you always have to take the least cost flights even if you are routed 1000 miles out of the way? Do you have to stay in cheap motels 50 miles away when there are moderate priced ones at your destination? Do...
by tibbitts
Sat Nov 09, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 64
Views: 6216

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

I would wait for you meeting and see what happens then, since you'll probably know what your option actually are or aren't.
by tibbitts
Sat Nov 09, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 145
Views: 7520

Re: Do you charge your employer for the time that you spend working on your off days?

This is a judgement you have to make based on overall compensation. If you have flexibility in hours and have somewhat unofficial comp time, then that seems resonable, but only you know your situation. From a business standpoint it's a vulnerability to have only one person be able to resolve problem...
by tibbitts
Fri Nov 08, 2019 9:49 am
Forum: Investing - Theory, News & General
Topic: Bond yield too low, how about high yield stock?
Replies: 24
Views: 1778

Re: Bond yield too low, how about high yield stock?

10 yield treasure yield drop below 2%. many high divdend stock (T, VZ, MO, PG, MSFT, JNJ) pays >4% dividend. for aging population, instead of bond, why not high dividend stock. Some might argue the stock might drop. But you can re-invest dividend and buy at discount. Also high dividend stock is usu...
by tibbitts
Thu Nov 07, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve - Fees Waived?
Replies: 54
Views: 4919

Re: Chase Sapphire Reserve - Fees Waived?

I understand your point. Though you had to "spend" something to get it offset with the credit. I need to spend it before I get it back. It's not like you just get the $300 come back on your statement for the sake of having paid the annual fee. I'm not trying to be argumentative, but I would like to...
by tibbitts
Thu Nov 07, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: recommendation request for cell data service and device
Replies: 9
Views: 859

Re: recommendation request for cell data service and device

Try Clark Howard’s recs. https://clark.com/cell-phones/best-cell-phone-plans-deals/ Black Friday cell phone deals should be starting soon. Thanks, but my understanding is that most of the comparisons don't consider, and better cellphone deals don't include, hotspot data - either on a separate devic...
by tibbitts
Wed Nov 06, 2019 11:49 pm
Forum: Personal Consumer Issues
Topic: recommendation request for cell data service and device
Replies: 9
Views: 859

recommendation request for cell data service and device

I'm about to lose access to my eployer's Sprint Spark hotspot. I only have prepaid service for calls and text on my personal cell phone now - I don't use it much, I just use Google voice with wifi or with the Spark. When I'm home, I have conventional cable internet, but frequently spend time where I...
by tibbitts
Wed Nov 06, 2019 10:40 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

The historical average returns, on which past SWR determinations are based, are 10% for stocks and 7% for bonds. Good luck trying to get anything close to that now. Perhaps at least some of your concern about low WR stems from this fundamental miss-understanding of SWR studies. They are NOT based o...
by tibbitts
Wed Nov 06, 2019 9:34 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

The historical average returns, on which past SWR determinations are based, are 10% for stocks and 7% for bonds. Good luck trying to get anything close to that now. Perhaps at least some of your concern about low WR stems from this fundamental miss-understanding of SWR studies. They are NOT based o...
by tibbitts
Wed Nov 06, 2019 8:47 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

The historical average returns, on which past SWR determinations are based, are 10% for stocks and 7% for bonds. Good luck trying to get anything close to that now. Perhaps at least some of your concern about low WR stems from this fundamental miss-understanding of SWR studies. They are NOT based o...
by tibbitts
Wed Nov 06, 2019 7:45 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

If you aren’t okay looking at a constantly declining balance, a % WR of any rate will not be a good thing for you. I know it wouldn’t be for me or most rational beings. You should also look at passive income sources to add to your portfolio as well so as not to be hammered by the draw down. -TheDDC...
by tibbitts
Wed Nov 06, 2019 9:49 am
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

I always wonder what the backstory is that causes a long-time member of the forum who has many posts to ask a question like the one posed here. Just imagine if livesoft asked that question or nisiprius! Wouldn't you wonder what was going on in their lives? Everyone probably likes to check in someti...
by tibbitts
Wed Nov 06, 2019 8:40 am
Forum: Investing - Theory, News & General
Topic: Tax Disadvantage of Index Funds
Replies: 10
Views: 1018

Re: Tax Disadvantage of Index Funds

When analysts and authors list out the advantages and disadvantages of owning index funds vs. individual stocks, I have yet to find any information on the clear tax disadvantages of owning index funds. Dividends on common shares are qualified and taxed a top federal rate of 20%, while dividends pai...
by tibbitts
Wed Nov 06, 2019 8:34 am
Forum: Personal Investments
Topic: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash
Replies: 38
Views: 2616

Re: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash

Unless you have a Delorean that runs on plutonium market timing is a terrible idea most of the time. If most active managers who work 24/7 can’t get it right what makes your dad or any other person think he/she can do it? Ask your dad to reflect back on the last two decades. How well did he predict...
by tibbitts
Wed Nov 06, 2019 8:29 am
Forum: Personal Investments
Topic: choosing between VTSAX and VTI
Replies: 17
Views: 1188

Re: choosing between VTSAX and VTI

When I compare VTSAX and VTI the only differences I see are that VTSAX has a $3000 minimum purchase (whereas VTI has none) and has an expense ratio of .04% (whereas VTI is .03). So is there any reason I wouldn't choose VTI? The accounts in question are both taxable and tax-advantaged, and both trad...
by tibbitts
Wed Nov 06, 2019 8:20 am
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

I always wonder what the backstory is that causes a long-time member of the forum who has many posts to ask a question like the one posed here. Just imagine if livesoft asked that question or nisiprius! Wouldn't you wonder what was going on in their lives? Everyone probably likes to check in someti...
by tibbitts
Wed Nov 06, 2019 12:35 am
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

I would be more than comfortable with 3%. I'd probably be comfortable in the 3.25% to 3.5% range. 2.2% is far too conservative IMO. Are you going to be receiving Social Security someday? That would give you an even larger buffer. SS will not directly affect what will be a SWR - we haven't gone into...
by tibbitts
Wed Nov 06, 2019 12:29 am
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

I just ran a quick quote on https://www.immediateannuities.com for a SPIA A 54yo male and 52yo female can buy an immediate annuity that pays the equivalent of 4.5% of the purchase price annually for the remainder of their joint life. I'm not saying you or anyone should buy a SPIA, but the fact that...
by tibbitts
Tue Nov 05, 2019 11:49 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

What's your opinion? Ages 54 and 52. Will 3% be OK going forward? Throw it all out there. I'd like to hear both sides. Currently living on interest and dividends, which is about 2.2% Are we sacrificing lifestyle enjoyment for paranoia, or a just a sense of safety? The interest portion of your divid...
by tibbitts
Tue Nov 05, 2019 11:42 pm
Forum: Investing - Theory, News & General
Topic: 2020 I Bonds: what's your plan?
Replies: 19
Views: 1610

Re: 2020 I Bonds: what's your plan?

I replaced all my 0% with .5% this year (well, $10k - couldn't buy with the interest that had been earned, of course.) So I'd be interested in knowing if anyone is replacing their variable-rate EEs (90% of 5-year treasury rate) with .2% I-bonds - obvously after the EEs hit their 17-year doubling. An...
by tibbitts
Tue Nov 05, 2019 11:38 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 284
Views: 18526

Re: Will we be OK at 3% WR?

What's your opinion? Ages 54 and 52. Will 3% be OK going forward? Throw it all out there. I'd like to hear both sides. Currently living on interest and dividends, which is about 2.2% Are we sacrificing lifestyle enjoyment for paranoia, or a just a sense of safety? The interest portion of your divid...
by tibbitts
Tue Nov 05, 2019 8:45 am
Forum: Investing - Theory, News & General
Topic: Dividend investing vs. index investing
Replies: 30
Views: 2176

Re: Dividend investing vs. index investing

Which one is better? in Youtube, it looks like dividend investing is all in the rage. I know that every dividend payout results in lowering stock price of equal amount. How are people bragging about getting a force selling event every month on their shares in the form of dividend? Enlighten me :? W...
by tibbitts
Tue Nov 05, 2019 12:11 am
Forum: Personal Investments
Topic: Stock market at its peak
Replies: 32
Views: 4612

Re: Stock market at its peak

Thanks again! The cash we have available for investment is $105K. Both my wife and I are investing in 100% stock--I am investing in Vanguard Total stock market and my wife is in Vanguard S&P 500. There's almost no point in differentiating between the two, they're so closely correlated. There are ot...
by tibbitts
Mon Nov 04, 2019 8:10 pm
Forum: Personal Investments
Topic: Stock market at its peak
Replies: 32
Views: 4612

Re: Stock market at its peak

Hi everyone, I have a large sum of money and would like to invest in Total stock market or S&P 500. Unfortunately these two stocks are now are at all-time high and I am just wondering if there is a better strategy of investing when the market is at its peak. Thank you! What is a "large sum", and wh...
by tibbitts
Mon Nov 04, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Percentage of tax returns with mistakes
Replies: 4
Views: 728

Re: Percentage of tax returns with mistakes

I've helped friends go through their tax returns and I find it quite astonishing the number of errors that people make. One person filed in the wrong states - she just assumed she didn't need to pay taxes in the state she was leaving and that she needed to in the state she was moving to. Another fr...
by tibbitts
Sun Nov 03, 2019 11:52 pm
Forum: Personal Consumer Issues
Topic: Should I use a lawyer
Replies: 20
Views: 2959

Re: Should I use a lawyer

Last Week I was out of town with my son and I got hit by a drunken driver. She drove through a red light. Both my son and I are fine since I managed to brake but it looks like my car could be totaled. My wife had to come and get me as my car is not drive able. On reaching home my friend told me to ...
by tibbitts
Sun Nov 03, 2019 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone track their actual pension benefit start date?
Replies: 51
Views: 2884

Re: Anyone track their actual pension benefit start date?

In other words, the date your pension plan stops paying you back your own money and starts paying you money from the pension fund. For example, I paid a certain percentage of my salary into my pension plan throughout my working career. The plan paid a fixed interest rate on those deposits and issue...
by tibbitts
Sun Nov 03, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 3669

Re: No out of network coverage

Company is dropping out of network coverage for all but the most expensive low deductible medical plan option. I haven't used OON for years and don't plan to, but it is nice knowing it is there for emergencies or unusual situations. Most plans cover emergency situations out of network. Check your p...
by tibbitts
Sat Nov 02, 2019 11:13 pm
Forum: Personal Consumer Issues
Topic: Cruises, where to book?
Replies: 17
Views: 1670

Re: Cruises, where to book?

If this is a 'relocation' the rates may go down if it does not fill. We did the opposite route (Dubai > Venice) a few yrs ago for $100/ night for both of us, (Which I thought was a good deal, until I met two couples who got the same trip with upgraded cabins for $550/ cabin (19 nights) They booked ...
by tibbitts
Sat Nov 02, 2019 9:02 pm
Forum: Personal Consumer Issues
Topic: Cruises, where to book?
Replies: 17
Views: 1670

Re: Cruises, where to book?

I have not found much difference in prices between sites and direct booking - sometimes there is something like a pre-cruise hotel night thrown in by agents. But I have booked cruises under $1000 per person (base fare) and normally book fares that don't qualify for any freebies.
by tibbitts
Sat Nov 02, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: how does Personal Umbrella Insurance work?
Replies: 28
Views: 2650

Re: how does Personal Umbrella Insurance work?

Umbrella insurance is recommended for landlords. It can protect them from renter's negligence and other expensive events. We've had it for years, just recently upped our coverage since it is a very reasonable expense for the amount of coverage. I would think that would be business insurance and not...
by tibbitts
Sat Nov 02, 2019 6:11 pm
Forum: Personal Consumer Issues
Topic: Hobe Sound, FL
Replies: 5
Views: 1076

Re: Hobe Sound, FL

Hobe Sound is in Martin County, one of the few places in coastal Florida with strict development controls in place. It's one of the nicest places as a result and doesn't suffer from the overpopulation and congestion problems of Palm Beach County and points south, yet it's still a convenient 35-40 m...
by tibbitts
Sat Nov 02, 2019 2:12 pm
Forum: Personal Investments
Topic: Why can't I break up with Wellington? (Roth Conversion question)
Replies: 17
Views: 2165

Re: Why can't I break up with Wellington? (Roth Conversion question)

I have some high-yield bond funds in a Roth and they have actually outperformed some equity funds in the same account for the duration I have owned them. I would try to own Wellington where you have a $50k balance. I do invest in a couple of funds where I can't meet the $50k but only with a total of...
by tibbitts
Sat Nov 02, 2019 12:48 pm
Forum: Personal Investments
Topic: What should I know before doing Roth conversion?
Replies: 7
Views: 865

Re: What should I know before doing Roth conversion?

DW & I are almost certainly in a lower tax bracket this year than we will be in retirement. We've used up 100k pretax space this year. A few questions before I convert: 1. What should I know? Current situation: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=293620 2. When is the deadline for ...
by tibbitts
Sat Nov 02, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12458

Re: Possible Layoff: Need Assurance That We Will Be Okay

I would just rent if you end up somewhere. Don't rush and buy a house just because you can. It anchors you down. Stay flexible. At least until "new normal" takes hold. I appreciate this comment. I am seriously wondering whether it would be better to buy a house now in order to "fix" a large portion...
by tibbitts
Sat Nov 02, 2019 9:07 am
Forum: Personal Investments
Topic: New to investing.. Inheritances. We are already retired 65y & 72 yrs old
Replies: 23
Views: 2473

Re: New to investing.. Inheritances. We are already retired 65y & 72 yrs old

This is about the point where the OP usually comes back and says:

"Incidentally we also have $250k/year in social security and pension income, if that matters...."
by tibbitts
Tue Oct 29, 2019 9:04 pm
Forum: Investing - Theory, News & General
Topic: Curious financial advisor claim . . .
Replies: 30
Views: 4643

Re: Curious financial advisor claim . . .

mortfree wrote:
Tue Oct 29, 2019 6:20 pm
Is vanguard mid cap (VO) just as efficient as total us (VTI) in a taxable account?

Any reason not to add some VO to supplement/tilt VTI?
No reason not to add mid. And mid-value. And small. And small-value. And real estate. And low-vol. And dividend growth. And high yield. And momentum. And...
by tibbitts
Tue Oct 29, 2019 7:48 pm
Forum: Investing - Theory, News & General
Topic: Fixed Income
Replies: 8
Views: 1182

Re: Fixed Income

Well, what you're really asking is there any reason anyone would not want to join the Pennsylvania Recreation & Park Society. I don't know anything about the organization, but I know that it's annoying to have to reseach political positions, advocacy policies, etc. for multiple organizations that yo...
by tibbitts
Mon Oct 28, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: Please advise re wiping laptop SSD before gifting
Replies: 25
Views: 2213

Re: Please advise re wiping laptop SSD before gifting

If either the entire disk is encrypted or at least the sensitive data is encrypted, and you reinstall using different encryption, it seems there would be minimal exposure. A lot of fairly improbable things would have to happen for your data to be vulnerable.
by tibbitts
Sun Oct 27, 2019 11:17 pm
Forum: Personal Investments
Topic: Ways to avoid account transfer fees between brokerages?
Replies: 15
Views: 903

Re: Ways to avoid account transfer fees between brokerages?

I got hit with a $95 fee per account with Wells Fargo when I moved funds. I moved 3 account, so $285. In hindsight, I should have left $1 in there just for spite. Ive done business there for decades also. Really soured me even further to where I plan to move it all out. I personally think there sho...
by tibbitts
Sun Oct 27, 2019 6:56 pm
Forum: Personal Investments
Topic: Ways to avoid account transfer fees between brokerages?
Replies: 15
Views: 903

Re: Ways to avoid account transfer fees between brokerages?

I want to move a roth IRA from one brokerage to another, but there is a fee involved. The only way I can think of to avoid the fee is to open a second roth IRA and only transfer part of the funds. Would that work? Some brokerages like Vanguard will not reimburse fees, but how much are we talking ab...