Search found 8645 matches

by tibbitts
Thu Jun 20, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Getting my own Chase Sapphire Reserve or added as authorized user?
Replies: 18
Views: 1164

Re: Getting my own Chase Sapphire Reserve or added as authorized user?

I travel on average once a year, dine out on weekends (we're talking ~25 meals covering 2 people, not lavish $100 dinners). I mostly want the card for its Priority Pass and lounge access Chase United Explorer might be better matched to your limited travel needs. This card gives you two free single ...
by tibbitts
Thu Jun 20, 2019 7:45 am
Forum: Personal Investments
Topic: Bob Brinker Retirement
Replies: 27
Views: 4897

Re: Bob Brinker Retirement

I wish I had listened to him when he practically insisted on buying the maximum permissible amount of 6% EEs.
by tibbitts
Thu Jun 20, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: HR telling my wife not to contribute 100% of her salary to 401k
Replies: 24
Views: 3904

Re: HR telling my wife not to contribute 100% of her salary to 401k

Payroll should be capable of subtracting FICA and benefit payroll deductions from the calculated amount to adjust the contribution. Well, no, they may not make arbitrary adjustments to an amount you request; they may end up putting nothing in the 401k if the amounts would be insufficient to pay oth...
by tibbitts
Thu Jun 20, 2019 7:26 am
Forum: Personal Finance (Not Investing)
Topic: First Child - Writing a Will
Replies: 11
Views: 583

Re: First Child - Writing a Will

I am not a fan of DIY estate documents. Like parachutes, these have to work correctly the first time. You typically don't get a do-over. Agreed. My intent is to use an attorney and get it done right. I know there's a mixed bag of opinions for the online DIY wills, but we can afford an attorney to w...
by tibbitts
Wed Jun 19, 2019 7:19 am
Forum: Investing - Theory, News & General
Topic: happy when the market is down - want to understand
Replies: 42
Views: 3340

Re: happy when the market is down - want to understand

I'm not seeing this actually happen. Total International is down considerably over the last year and just about break-even over 5 years, but I'm not seeing a lot of posts screaming "buy!" Instead I'm seeing posts asking whether even well-below-market-weight in International is too much. I didn't see...
by tibbitts
Tue Jun 18, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a CFP
Replies: 13
Views: 1246

Re: Becoming a CFP

Thank you for the responses! I think I will take the suggestion of buying a text book first or maybe taking one class. I’m not keen on working for a few years for another company, but as suggested I would be interested in investing some money to start a business and see if I can shorten the time th...
by tibbitts
Tue Jun 18, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna tire replacement at 12k miles
Replies: 72
Views: 3850

Re: Toyota Sienna tire replacement at 12k miles

You paid $1200 for four tires for a crappy minivan? :confused :confused :confused Dude, there are some things you use the dealer for, and some that you don’t. Tires would be in the latter category. I didn’t read the thread. If you had read the entire thread you would have found that the general con...
by tibbitts
Mon Jun 17, 2019 9:39 pm
Forum: Personal Consumer Issues
Topic: My Cost of Progressive Lenses/glasses - did I pay too much?
Replies: 69
Views: 3658

Re: My Cost of Progressive Lenses/glasses - did I pay too much?

In some states, Costco, Walmart, etc. can't legally provide optometry-related services, so that's not an option for everyone. Cost savings at Costco, Walmart, etc could pay for travel costs (and more) in many cases. I would probably use one of the internet providers first. I've used a couple of the...
by tibbitts
Mon Jun 17, 2019 8:35 pm
Forum: Personal Consumer Issues
Topic: My Cost of Progressive Lenses/glasses - did I pay too much?
Replies: 69
Views: 3658

Re: My Cost of Progressive Lenses/glasses - did I pay too much?

In some states, Costco, Walmart, etc. can't legally provide optometry-related services, so that's not an option for everyone.
by tibbitts
Mon Jun 17, 2019 6:32 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 110
Views: 9308

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

Just checking with others about international investments. Despite what economists speculate (and I emphasize that word) for the future, international fund returns over past decade, and more, have been disappointing, to say the least. Right now, my advisor has me at 40% Vanguard Total International...
by tibbitts
Sun Jun 16, 2019 9:52 am
Forum: Personal Investments
Topic: Why are my Vanguard returns suddenly so low?
Replies: 34
Views: 4918

Re: Why are my Vanguard returns suddenly so low?

They calculate your return on a rolling basis, and you can probably toggle Year-to-Date, past month, past year, since inception, etc., rates of return. If you invested money on September 15th, 2018 your rate of return on those assets would be 0%, so as you can see the time frame used to evaluate re...
by tibbitts
Sat Jun 15, 2019 7:56 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 50
Views: 4616

Re: Should I invest 100k into a total index or do it slowly

FarmD wrote:
Sat Jun 15, 2019 5:54 pm
I will be investing 5 k per month into a vanguard total index. I wondering if should invest 100k upfront to get the compounding interest going ?

Any suggestion
You aren't investing in bonds, so investing immediately doesn't necessarily "get the compounding interest going."
by tibbitts
Sat Jun 15, 2019 7:53 pm
Forum: Personal Investments
Topic: What do you think about Vanguard Growth Index Fund for a 22-year-old?
Replies: 36
Views: 3072

Re: What do you think about Vanguard Growth Index Fund for a 22-year-old?

Hello fellow Bogleheads, I am posting on behalf of a 22-year-old college graduate who has the following investment portfolio (and is well aware of how fortunate they are): $445k in Vanguard 500 Index Fund (VFIAX) $854k in Vanguard Total Stock Market Fund (VTSAX) These funds are the result of an inh...
by tibbitts
Sat Jun 15, 2019 4:52 pm
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5370

Re: 5 Million Into Fixed Income

There was recently a thread about asset allocation for a high net worth ($10M) individual. Let’s assume he chooses a 50/50 bond/stock allocation for the sake of argument. This means he has $5M to invest in bonds – which is quite a bit! Many people suggested some of the following fixed income invest...
by tibbitts
Fri Jun 14, 2019 8:23 pm
Forum: Personal Investments
Topic: Social Security Retirement Age
Replies: 20
Views: 3380

Re: Social Security Retirement Age

I know my ideas on when to take Social Security are not supported by most. When I seriously started my retirement planning 25 years ago I plugged in the payout at 50% of projections - just to cover for some type of future reduction/taxation. Luckily, when I took mine at 62, the payout was still at ...
by tibbitts
Thu Jun 13, 2019 9:34 pm
Forum: Personal Investments
Topic: Higher dividend VG MF than VTSAX ? [Vanguard Mutual Fund]
Replies: 20
Views: 1527

Re: Higher dividend VG MF than VTSAX ?

Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX): https://investor.vanguard.com/mutual-fu ... file/vhyax BTW for high turnover(13%) funds like this, I read that there will be taxes due from CG and dividends within the fund itself at the end of the year. Is that true ? Do you need to f...
by tibbitts
Thu Jun 13, 2019 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Southwest Airlines credit card
Replies: 10
Views: 1542

Re: Chase Southwest Airlines credit card

Do your utlities take credit cards? I prepay when I want to hit a credit card spending bonus. No. I can probably come up with $1000+, and then fill in a good chunk of the rest by buying Southwest tickets since the funds last a year and I would buy some in 2020 anyway. In that respect Southwest is o...
by tibbitts
Sun Jun 09, 2019 10:09 pm
Forum: Personal Consumer Issues
Topic: Is it possible to custom build a laptop?
Replies: 26
Views: 1950

Re: Is it possible to custom build a laptop?

I started with trackpoints and later have had touchpads. It takes a few months to move from one to another - and from one brand of one to another (that is, not all trackpads are alike.) If you go with your first impression and convince yourself that one or the other will never work, it probably neve...
by tibbitts
Sun Jun 09, 2019 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Southwest Airlines credit card
Replies: 10
Views: 1542

Re: Chase Southwest Airlines credit card

Thanks for the replies. I decided it was worth applying. My credit limit is only $2000, which seems a little low, but is enough for me. Now I just need to come up with enough spending to meet the minimum for the bonus, which won't be that easy, but should be doable.
by tibbitts
Sun Jun 09, 2019 1:39 pm
Forum: Personal Consumer Issues
Topic: Panasonic LUMIX DSC-FZ35 camera.
Replies: 34
Views: 1815

Re: Panasonic LUMIX DSC-FZ35 camera.

I'm debating whether to get a DSLR just for bird photography (starter kit for a Nikon is ~$600, though lens with more reach is another $1k). Seems quite extravagant when I think of it rationally, but I can literally go on for hours detailing all the good shots I missed... One risk of a camera like ...
by tibbitts
Sat Jun 08, 2019 10:07 pm
Forum: Personal Consumer Issues
Topic: Panasonic LUMIX DSC-FZ35 camera.
Replies: 34
Views: 1815

Re: Panasonic LUMIX DSC-FZ35 camera.

You’re buying a ten year old camera. It’s 10 year old technology, and probably comes with dead batteries. If the batteries are available, they will probably be more expensive than the camera itself. I would try to find a slightly used Nikon Coolpix B500 or Canon Powershot SX420. Either of those wil...
by tibbitts
Sat Jun 08, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: Panasonic LUMIX DSC-FZ35 camera.
Replies: 34
Views: 1815

Re: Panasonic LUMIX DSC-FZ35 camera.

You’re buying a ten year old camera. It’s 10 year old technology, and probably comes with dead batteries. If the batteries are available, they will probably be more expensive than the camera itself. I would try to find a slightly used Nikon Coolpix B500 or Canon Powershot SX420. Either of those wil...
by tibbitts
Sat Jun 08, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: Is it possible to custom build a laptop?
Replies: 26
Views: 1950

Re: Is it possible to custom build a laptop?

Yes, exactly. I had considered getting a newer Thinkpad, but the Thinkpads they had on display (I tested four different ones) all had terrible keyboards. The keys don't travel as far, don't have good tactile resistance; it's like sliding over water. Interesting that you are considering a W530. That...
by tibbitts
Sat Jun 08, 2019 3:31 pm
Forum: Personal Consumer Issues
Topic: Panasonic LUMIX DSC-FZ35 camera.
Replies: 34
Views: 1815

Re: Panasonic LUMIX DSC-FZ35 camera.

You’re buying a ten year old camera. It’s 10 year old technology, and probably comes with dead batteries. If the batteries are available, they will probably be more expensive than the camera itself. I would try to find a slightly used Nikon Coolpix B500 or Canon Powershot SX420. Either of those wil...
by tibbitts
Sat Jun 08, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Chase Southwest Airlines credit card
Replies: 10
Views: 1542

Re: Chase Southwest Airlines credit card

I closed my $99 Chase/Southwest credit card a few months ago, but it still shows up as Closed in my Chase online card summary. I'd like to obtain the new $149 Chase card, mostly for the signup bonus but also because it'a a better deal going forward (I had the $99 card for years, but it was never a ...
by tibbitts
Sat Jun 08, 2019 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Chase Southwest Airlines credit card
Replies: 10
Views: 1542

Chase Southwest Airlines credit card

I closed my $99 Chase/Southwest credit card a few months ago, but it still shows up as Closed in my Chase online card summary. I'd like to obtain the new $149 Chase card, mostly for the signup bonus but also because it'a a better deal going forward (I had the $99 card for years, but it was never a g...
by tibbitts
Fri Jun 07, 2019 10:18 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 12746

Re: 2% withdrawal rate

michaeljc70 wrote:
Tue Jun 04, 2019 9:37 pm
The 2nd post by thx1138 (revised Trinity study chart) disproves the OP. 2% is very conservative. It is for people that buy 10 years of freeze dried food and have a bunker.
Although I understand that quoting posts can get tedious, it's not as tedious as searching for the 2nd post by thx1138.
by tibbitts
Thu Jun 06, 2019 5:44 am
Forum: Personal Consumer Issues
Topic: HVAC Repair Nightmare - Thoughts, ideas, solutions
Replies: 37
Views: 3349

Re: HVAC Repair Nightmare - Thoughts, ideas, solutions

squirm wrote:
Wed Jun 05, 2019 11:54 pm
So what did people do in the old days when homes didn't have an a/c?
In some cases, died. In other cases, lost sleep, got sick, etc.
by tibbitts
Thu Jun 06, 2019 5:17 am
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 7694

Re: What flagship (even used) item is better than a budget new item?

I get manufacturer-refurbished ($2000-new) business laptops for $300. Even 3 years older, they are much quicker overall than a new budget ($400-500) computer (quad core i7s, dedicated graphics, SSD), they have an HD screen, and of course they are built like tanks, rather than out of flimsy plastic....
by tibbitts
Thu Jun 06, 2019 5:14 am
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 7694

Re: What flagship (even used) item is better than a budget new item?

sport wrote:
Wed Jun 05, 2019 1:48 pm
Hand tools. If a cheap one breaks, you might get injured. In addition, they always break on a Sunday.
What brands do you buy?
by tibbitts
Thu Jun 06, 2019 5:12 am
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 7694

Re: What flagship (even used) item is better than a budget new item?

Re shoes - I consistently find great shoes at my local thrift shop. I tend to like the shoes better than what I can find in a store, plus the price is an 80% discount. Not for everyone, but working great for me. No offense, but I can not picture myself putting my feet in shoes that were once worn b...
by tibbitts
Wed Jun 05, 2019 5:21 pm
Forum: Personal Consumer Issues
Topic: Resort vacation w/ 6 month old...?
Replies: 30
Views: 1679

Re: Resort vacation w/ 6 month old...?

There's no way I would take a 6mo-old on a flight, but if you can drive to the resort that's fine. I'm very sick now, almost surely from my flight several days ago. I've flown 1000+ times and never have been on a flight with so many sick people. I'm old and should have more resistance than a 6mo-old...
by tibbitts
Tue Jun 04, 2019 9:55 pm
Forum: Personal Investments
Topic: Problem at Vanguard?
Replies: 42
Views: 5241

Re: Problem at Vanguard?

I think it's wise to check often, even daily, but not for balances - well maybe share balances. You just want to make sure everything is still there - values change every day so they don't matter as much.
by tibbitts
Tue Jun 04, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should All Grandkids Be Treated as Equal Members of Same Class?
Replies: 104
Views: 8016

Re: Should All Grandkids Be Treated as Equal Members of Same Class?

The attitude of not leaving anything, or leaving it to grandchildren so kids don't get spoiled makes no financial sense to me and seems so weird. Boomers have acquired the world's largest generational wealth ever. That wealth acquisition has lead to real, prolonged inflation that has now outpaced w...
by tibbitts
Tue Jun 04, 2019 5:50 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8215

Re: Costco or Sam's Club?

Costco has just moved closer to me, but still too far away, so Sams for me.
by tibbitts
Tue Jun 04, 2019 5:40 pm
Forum: Personal Consumer Issues
Topic: Financing / Affording a Sportsmobile / luxurious small Class B RV…?
Replies: 49
Views: 2298

Re: Financing / Affording a Sportsmobile / luxurious small Class B RV…?

It's very annoying that the usual suspect manufactures (Thor, etc.) all make 20ft, single-rear-wheel, 7.5ft wide class Cs, and refuse to sell them to the public. You have to convince the manufacturer you're a rental agency to buy them - sort of like trying to buy a car with a police package in some ...
by tibbitts
Tue Jun 04, 2019 5:25 pm
Forum: Personal Consumer Issues
Topic: Costco or Sam's Club?
Replies: 134
Views: 8215

Re: Costco or Sam's Club?

HueyLD wrote:
Tue Jun 04, 2019 12:33 pm
My local Costco opens at 9 a.m. on Tuesdays and Thursdays and it was a breeze to show up at 9 a.m. No lines anywhere.
That might not be popular with your employer that operates on traditional business hours.
by tibbitts
Tue Jun 04, 2019 5:19 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 92
Views: 7256

Re: Walking Cities, potential for retirees

The problem is it is a moving target. When I moved into my house I could walk to work, walk to a grocery, walk to the library, pretty much the only reason I had to drive was to carry heavy things, or go to a major hospital. Then they moved both the grocery and library. Apparently they were both too...
by tibbitts
Mon Jun 03, 2019 7:11 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 12746

Re: 2% withdrawal rate

Why not just save up 33-50x expenses and invest in TIPS and stay away from the markets? Then your only risk is government default on the bonds. No worries about swr %, portfolio, just a mechanical withdrawal of your yearly expenses. Because 1. most people can't save that much without depriving them...
by tibbitts
Sun Jun 02, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 1098
Views: 153201

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

It seems that CUlater is taking some heat for keeping this thread alive but speaking personally, I'm glad he has continued pressing. My daughter has one of these cars, and her dealer has been claiming to have not even heard anything about it for over a year. I visit Bogleheads.org often, and if not...
by tibbitts
Sun Jun 02, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Consulting [How is consulting work done?]
Replies: 12
Views: 1596

Re: Consulting

I feel like everyone I speak to has done consulting at one point or another in their careers. How do I go about dining consulting work. I have 10+ years experience in medical device/healthcare/biotech sales. I think relatively few people do "consulting." A lot of people do "contracting", but call i...
by tibbitts
Sat Jun 01, 2019 6:30 pm
Forum: Investing - Theory, News & General
Topic: How long does it take to come out of a major downtunr?
Replies: 30
Views: 3012

Re: How long does it take to come out of a major downtunr?

Say the fear of so many non-bogleheads comes true and they invest at exactly the "wrong" time. Historically, how long does it take on average, and in the extremes, for an 80/20 portfolio to recover? I'm guessing 5 years up to 15 or so in the worst case. The worst case is never. Even if there weren'...
by tibbitts
Sat May 18, 2019 1:47 pm
Forum: Personal Investments
Topic: pension vs. 403(b) selection
Replies: 13
Views: 912

Re: pension vs. 403(b) selection

To me the whole point of a pension is stability and not dealing with votality but the thought that legislature can make changes at anytime causes concern. Do other states have these issues? One big issue for Kentucky with the pension I am in right now is funding, they are wanting to increase employ...
by tibbitts
Sat May 18, 2019 8:02 am
Forum: Investing - Theory, News & General
Topic: Bonds beyond Total Bond Market - Anyone ?
Replies: 47
Views: 3489

Re: Bonds beyond Total Bond Market - Anyone ?

Folks, Anyone using any fixed income asset class beside Total Bond Market ? - If Yes, What and Why ? (eg TIPS) - If Not, Why not ? Just had a portfolio review with a firm and they recommend "diversification" of Total Bond Market with TIPS, Floats, High Yield, etc.... I do foreign, emerging, high yi...
by tibbitts
Sat May 18, 2019 7:55 am
Forum: Personal Investments
Topic: pension vs. 403(b) selection
Replies: 13
Views: 912

Re: pension vs. 403(b) selection

To me the whole point of a pension is stability and not dealing with votality but the thought that legislature can make changes at anytime causes concern. Do other states have these issues? One big issue for Kentucky with the pension I am in right now is funding, they are wanting to increase employ...
by tibbitts
Sat May 18, 2019 7:52 am
Forum: Personal Investments
Topic: pension vs. 403(b) selection
Replies: 13
Views: 912

Re: pension vs. 403(b) selection

Your pension is treated as property. I would go for the pension hands down. Don't listen to the anti-pension people. Deferred benefits are benefits paid later in lieu of paying a competitive salary today. COLAs are unearned and are subject to change until retirement. Big difference. -TheDDC COLAs c...
by tibbitts
Fri May 17, 2019 7:29 pm
Forum: Personal Investments
Topic: pension vs. 403(b) selection
Replies: 13
Views: 912

Re: pension vs. 403(b) selection

I had a job I loved, kind of my dream job, for six-plus years in a state pension system. I really believed it would be my forever job. Well, I loved it until I didn't, and leaving wasn't my choice. It would have been a disaster if I'd chosen the pension over the defined contribution plan, so I was l...
by tibbitts
Fri May 17, 2019 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy: Right amount for $7 mil net worth?
Replies: 113
Views: 18697

Re: Umbrella Policy: Right amount for $7 mil net worth?

+1 on this. Umbrella insurance is relatively cheap. I recently upped ours from 3M to 6M- the extra premium was only $196 per year. Also part of my calculus was that if we or our kid accidentally maims someone, their medical bills and future costs could be north of $3M. Recently there was a 'windfal...
by tibbitts
Fri May 17, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: How do I value wife's pension?
Replies: 23
Views: 1842

Re: How do I value wife's pension?

$30k/yr from teacher retirement, she started drawing last year at age 52. No automatic COLA, state legislature must approve them, not something to count on. It is set up for 100% survivor benefit for me if she goes first. So how to treat it as a currently invested/banked equivalent present amount i...
by tibbitts
Thu May 16, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy: Right amount for $7 mil net worth?
Replies: 113
Views: 18697

Re: Umbrella Policy: Right amount for $7 mil net worth?

Sure but should a person with 750k(an amount they really dont want to lose) have a 750k policey(say 75% of cases) or 5 million(say 99.9% of cases)? Now those percentages are made up but you can see why as soon as you hit the point where you dont want to lose your money, you need about the same leve...