Search found 3077 matches

by munemaker
Mon Jul 16, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: Classifying CDs as Bonds or Short Term assets
Replies: 7
Views: 601

Re: Classifying CDs as Bonds or Short Term assets

Brokered CDs = Bonds Bank CDs = Cash That doesn't make any sense. Surely maturity is far more important when deciding how to classify fixed income instruments. "Cash" is short-term fixed income like money market and short-term bonds. Brokered trade just as bonds on the secondary market. Bank CDs ha...
by munemaker
Mon Jul 16, 2018 6:26 pm
Forum: Investing - Theory, News & General
Topic: Classifying CDs as Bonds or Short Term assets
Replies: 7
Views: 601

Re: Classifying CDs as Bonds or Short Term assets

Brokered CDs = Bonds
Bank CDs = Cash
by munemaker
Mon Jul 16, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring at 62. Have Healthcare Plan. Is my Plan Sane?
Replies: 8
Views: 895

Re: Retiring at 62. Have Healthcare Plan. Is my Plan Sane?

bdaniel58 wrote:
Mon Jul 16, 2018 5:46 pm
I don't see the benefit of the Silver vs the Bronze.
The Silver Plan is artificially high due to a phenomenon known as the "Silver Switcheroo."

https://www.chlpi.org/wp-content/upload ... 6_2017.pdf
by munemaker
Mon Jul 16, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Death Book
Replies: 41
Views: 17719

Re: Death Book

log-in data In many (most?) situations it would be a problem for survivors to log in to an account belonging to the deceased. Why would it be a problem? In most cases, the company managing the site would have no idea that the account holder is deceased. Someone else logging in as the "deceased" has...
by munemaker
Mon Jul 16, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Death Book
Replies: 41
Views: 17719

Re: Death Book

log-in data In many (most?) situations it would be a problem for survivors to log in to an account belonging to the deceased. Why would it be a problem? In most cases, the company managing the site would have no idea that the account holder is deceased. My understanding is the proper thing to do is...
by munemaker
Sun Jul 15, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9295

Re: When does frugal cross the line to cheapskate?

Bogleheads in general seem to have a disdain for spending money on wedding celebrations. We were the exceptions for that, for ourselves and our kids.
by munemaker
Sun Jul 15, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Be Careful Using Mailboxes
Replies: 50
Views: 5591

Re: Be Careful Using Mailboxes

I keep my use of US Postal Service to the absolute minimum.
by munemaker
Sun Jul 15, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9295

Re: When does frugal cross the line to cheapskate?

Updating a kitchen every "X" years just sounds like a total waste. I actually know several couples who do this. Corian countertops are in, so install those. Five years later, those are out and granite is in, so tear out the Corian and install granite. Remove the dark wood cabinets and install white...
by munemaker
Sun Jul 15, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you who handle all the finances, how do you keep your spouse "in the know"
Replies: 90
Views: 10526

Re: For those of you who handle all the finances, how do you keep your spouse "in the know"

This podcast from Dough Roller has a really good idea of maintaining a blue binder of financial stuff your spouse needs to know in the event of your incapacitation or demise.

https://www.doughroller.net/podcast/dr- ... al-binder/
by munemaker
Sun Jul 15, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 114
Views: 7059

Re: Why is leveraging property good but leveraging stocks bad?

Playing devil's advocate, what if the user of leverage isn't a degenerate speculative trader and someone who is just trying to leverage their long-term Boglehead-style index portfolio? Ever seen one? Well yes! If you have a home mortgage or car loan and are invested in the market, you are leveraged...
by munemaker
Sun Jul 15, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Google Sheets has an easy to use Budget worksheets - tip
Replies: 4
Views: 782

Re: Google Sheets has an easy to use Budget worksheets - tip

At work, we always used Excel. Since retiring and getting into the Chromebook, I have been working with Google Sheets. At first, I thought it was a watered down imitation of Excel. That was before I learned everything it can do: https://courses.benlcollins.com/p/advanced30 https://support.google.com...
by munemaker
Sun Jul 15, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9295

Re: When does frugal cross the line to cheapskate?

Frugal or cheap? - using cents off coupons for gasoline and groceries? - using credit card reward points programs - using sign up bonuses for credit cards, bank accounts, brokerage accounts - negotiating prices with contractors, for appliances, etc. rather than just accepting the quoted price - taki...
by munemaker
Sat Jul 14, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 114
Views: 7059

Re: Why is leveraging property good but leveraging stocks bad?

Playing devil's advocate, what if the user of leverage isn't a degenerate speculative trader and someone who is just trying to leverage their long-term Boglehead-style index portfolio? Ever seen one? Well yes! If you have a home mortgage or car loan and are invested in the market, you are leveraged...
by munemaker
Sat Jul 14, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Blowing off the dust - financial calculator
Replies: 6
Views: 887

Re: Blowing off the dust - financial calculator

I found my old financial calculator (Texas Instruments BAII Plus) from a personal finance class that I took in college. I'd like to re familiarize myself with how to best use it, especially for the most common scenarios that folks are solving for in this forum. I found some great articles on the Wi...
by munemaker
Fri Jul 13, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 8648

Re: What rate of return are you using for retirement projections?

I like the 10 year forecast of real returns by RESEARCH AFFILIATES: Inflation: 2.3% US Cash: -0.4% Total Bond US: 0.8% Corporate Bond US: 1.2% TIPS: 1.0% REIT: 0.8% Equities - US Large: 0.4% Equities - US Small: 0.7% Equities - Emerging Markets: 2.6% Equities - Global: 2.5% Equities - EAFE: 4.6% Ban...
by munemaker
Fri Jul 13, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Grandpa's 88 and has term life insurance
Replies: 39
Views: 2819

Re: Grandpa's 88 and has term life insurance

I agree with the others that say stay out of this. Just want to mention though, that I think there are places that will buy the active life insurance policy. I have never done this and don't know anyone who has. I think I remember reading about this something about this. May or may not apply in this...
by munemaker
Fri Jul 13, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: Kitchen Remodel
Replies: 23
Views: 1683

Re: Kitchen Remodel

The SEARCH function is really cool! Did you check the past postings? There is a lot on this subject: https://www.bogleheads.org/forum/viewtopic.php?t=243145 https://www.bogleheads.org/forum/viewtopic.php?t=243749 https://www.bogleheads.org/forum/viewtopic.php?t=229227 https://www.bogleheads.org/foru...
by munemaker
Fri Jul 13, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: 2011 Honda was with 6 differential flushes?
Replies: 13
Views: 1099

Re: 2011 Honda was with 6 differential flushes?

Some people don’t trust the manufacturer recommendations and change fluids more frequently than needed just for their own piece of mind. I know people like that, but the people I know are just into frequent oil changes. For some reason, they neglect the transmission, brake and rear end fluids. :con...
by munemaker
Thu Jul 12, 2018 4:48 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4519

Re: Asset Allocation for High Net Worth (>$3M) Individuals

willthrill81 wrote:
Thu Jul 12, 2018 11:13 am
One of life's greatest ironies, IMHO, is that people want to have money in order to spend it.
With me, it has a lot to do with security.
by munemaker
Thu Jul 12, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Buying CDs from Vanguard
Replies: 20
Views: 2484

Re: Buying CDs from Vanguard

But why is it the purchases don't happen immediately ? No clue - this change (delay) has no negative impact (that I can see) on the purchaser - and a benefit (as above) to some. I am fairly new at the brokered CD game, having bought 4 different, new-issue CDs through Vanguard in the past few months...
by munemaker
Thu Jul 12, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: Bucket Portfolio article by Christine Benz
Replies: 85
Views: 6230

Re: Bucket Portfolio article by Christine Benz

Here's what my 85yo mother's withdrawal "strategy" looks like: Her gross income in 2017 from all sources (pension, RMDs, dividends from taxable) was X. Her 2017 spending (including income tax) was about 70% of X. Yes, if you have a big pension that, together with SS more than covers your expenses, ...
by munemaker
Thu Jul 12, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is it cheaper to get insurance quotes over phone or over internet?
Replies: 4
Views: 341

Re: Is it cheaper to get insurance quotes over phone or over internet?

I don't have any experience with comparing insurance quotes by phone vs. by internet, but I would expect that most things, maybe all things, are cheaper when you can eliminate humans from the equation. Look at these brokerage houses...they have very low rates for online transactions, and much higher...
by munemaker
Thu Jul 12, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4519

Re: Asset Allocation for High Net Worth (>$3M) Individuals

Curious what others take on this is, did it surprise you or in line with what you thought? Nothing too terribly surprising. Respondents to the survey totaled only 892. That's a rather small sampling size. According to this article.... https://dqydj.com/how-many-millionaires-decamillionaires-america...
by munemaker
Thu Jul 12, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Bucket Portfolio article by Christine Benz
Replies: 85
Views: 6230

Re: Bucket Portfolio article by Christine Benz

Here's what my 85yo mother's withdrawal "strategy" looks like: Her gross income in 2017 from all sources (pension, RMDs, dividends from taxable) was X. Her 2017 spending (including income tax) was about 70% of X. Yes, if you have a big pension that, together with SS more than covers your expenses, ...
by munemaker
Wed Jul 11, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: RMD from Inherited IRA
Replies: 12
Views: 1228

Re: RMD from Inherited IRA

14.6 is the correct divisor for 2018. ..Therefore, there has been a small shortfall in the RMD for 2015-2017 which needs to be made up. Then a 5329 should be filed for those years requesting the penalty waiver. The 5329 can be filed by itself and no 1040 X is needed. Alan, The OP has indicated an a...
by munemaker
Wed Jul 11, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1880

Re: Should I contact GMC about A/C issues?

I come from a GM family, over a dozen or so cars in my 38 years. Having experience with only GM cars, you just don't know any better. Here's an article from Consumer Reports that supports my observations: https://www.consumerreports.org/car-reliability-owner-satisfaction/10-best-cars-to-get-to-2000...
by munemaker
Wed Jul 11, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1880

Re: Should I contact GMC about A/C issues?

When it comes to quality, Honda is light years ahead of GM Honda is certainly taking a huge hit to its reputation for its recent behavior. I lived through the GM bad camshaft era, the GM bad intake gasket era and I can't even begin to count how many dozens of disk brake rotors were replaced prematu...
by munemaker
Wed Jul 11, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10981

Re: SS taken at 62 vs. 70, but measured from 70+

Perhaps there is data specifically indicating the reasons why women typically start SS benefits earlier than men. Is it due to them retiring earlier? Is it to supplement their already lower income? Is it to take care of family members? I did find this article (written in 2015) that shows women's re...
by munemaker
Wed Jul 11, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1880

Re: Should I contact GMC about A/C issues?

smitcat wrote:
Wed Jul 11, 2018 7:04 am
munemaker wrote:
Tue Jul 10, 2018 10:15 pm
When it comes to quality, Honda is light years ahead of GM
My co-worker has a Subaru sitting in their garage with a siezed engine due to huge oil loss.
Any engine will fail if the oil level is not maintained.
by munemaker
Wed Jul 11, 2018 9:09 am
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1880

Re: Should I contact GMC about A/C issues?

When it comes to quality, Honda is light years ahead of GM Honda is certainly taking a huge hit to its reputation for its recent behavior. They are taking a hit in certain circles...the informed people who read a lot and research a vehicle before buying it. They lost a sale of a new CR*V to me, for...
by munemaker
Tue Jul 10, 2018 10:15 pm
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1880

Re: Should I contact GMC about A/C issues?

When it comes to quality, Honda is light years ahead of GM
by munemaker
Tue Jul 10, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4519

Re: Asset Allocation for High Net Worth (>$3M) Individuals

Outstanding write up on the 64/40 allocation by Bernstein. http://web.archive.org/web/20061214061904/http:/dfmadvisors.com/pdf/Bernstein6040.pdf This is my preferred asset allocation for its immediate 4% return :D That is interesting to know, but the thread is about the asset allocation used by hig...
by munemaker
Tue Jul 10, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1880

Re: Should I contact GMC about A/C issues?

...if GMC would step up to the plate and fix the parts I might consider another GM vehicle. I learned my lesson many years ago. Why do people keep buying these unreliable cars when they could buy a Honda, Toyota or Subaru? I don't get it at all. You get what you deserve for not doing your homework....
by munemaker
Tue Jul 10, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4519

Re: Asset Allocation for High Net Worth (>$3M) Individuals

Saw this blog post on Financial Samurai and thought it was interesting: https://www.financialsamurai.com/how-high-net-worth-individuals-invest-asset-allocation-breakdown/ Dishing the deets: https://ustrustaem.fs.ml.com/content/dam/ust/articles/pdf/insights-on-wealth-and-worth-2018/Detailed_Findings...
by munemaker
Mon Jul 09, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: Should I contact GMC about A/C issues?
Replies: 42
Views: 1880

Re: Should I contact GMC about A/C issues?

Nate79 wrote:
Mon Jul 09, 2018 6:17 pm
Your truck is practically brand new.
The truck is almost 5 model years old. Not exactly "practically brand new."
by munemaker
Mon Jul 09, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4519

Re: Asset Allocation for High Net Worth (>$3M) Individuals

Sandtrap wrote:
Mon Jul 09, 2018 4:53 pm
Not sure what correlation the article is trying to draw and if there's any distinction between "High Net Worth >3mil" or others.
I think there would be more distinction with large pensions and those without - than there is between those with net worth over $3 million and those of say $1 million.
by munemaker
Mon Jul 09, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10981

Re: SS taken at 62 vs. 70, but measured from 70+

Women leave work more than 2 years earlier than men on average after receiving less pay during their working years. They need to take SS when they leave the workforce just like most folks retiring as they have no real savings to support the retirement. I believe this but it seems counter-intuitive....
by munemaker
Sun Jul 08, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10981

Re: SS taken at 62 vs. 70, but measured from 70+

My underlying point is that this doesn't seem to be a 'husbands don't care about their wives' situation as put forward by someone else above. Both genders seem to be very often desirous to start benefits as soon as they can, females apparently more so than males. I don't think the claiming age deci...
by munemaker
Sun Jul 08, 2018 10:35 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17956

Re: Morningstar: prepare for a lost decade for U.S. stocks

“Our expectation at the moment is that you won’t have any real return from U.S. equities over the next 10 years,” said Morningstar’s Dan Kemp at a company event Wednesday in London. In the chart he shared below, the black line is pretty close to zero for American stocks. ... Is it finally time to g...
by munemaker
Sun Jul 08, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10981

Re: SS taken at 62 vs. 70, but measured from 70+

Does anyone have a histogram (or some statistics) of the ages when the general public seems to start their Social Security benefits? https://sc.cnbcfm.com/applications/cnbc.com/resources/files/2016/08/30/SSclaiming.png reference: https://www.cnbc.com/2018/03/09/claiming-social-security-at-age-62-is...
by munemaker
Sat Jul 07, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Just purchased the new 2018 Jeep Wrangler
Replies: 12
Views: 1232

Re: Just purchased the new 2018 Jeep Wrangler

Are there any reliability rating comparisons between the Jeep Wrangler and the Toyota Tacoma platforms such as Consumer Reports, etc, etc.??? Well, yes. As I recall, Consumer Reports rates the JEEP brand as second to last, ahead of FIAT (Fix It Again Tony), and they have very poor ratings specifica...
by munemaker
Fri Jul 06, 2018 9:50 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10981

Re: SS taken at 62 vs. 70, but measured from 70+

Jane Bryant Quinn said all too often the man decides when he wants to take SS without any regard for the spouse. Talking to my (male) friends, I agree with Jane Quinn completely. Also, they calculate break-even and consider only the benefits paid to them while they are alive, not the benefits on th...
by munemaker
Fri Jul 06, 2018 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a way to add a missing expense transaction in Personal Capital?
Replies: 3
Views: 342

Re: Is there a way to add a missing expense transaction in Personal Capital?

When I say "add," I mean manually adding an expense transaction to the system. I think you are going to have to give a better definition of "missing expense transaction". If it's missing from one of your online accounts that is being monitored then getting it fixed at the source of the problem stri...
by munemaker
Fri Jul 06, 2018 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: How do normal people afford the Bay Area?
Replies: 48
Views: 5010

Re: How do normal people afford the Bay Area?

Normal people do not live in the Bay Area.
by munemaker
Fri Jul 06, 2018 8:56 pm
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 10981

Re: SS taken at 62 vs. 70, but measured from 70+

Jane Bryant Quinn said all too often the man decides when he wants to take SS without any regard for the spouse. Talking to my (male) friends, I agree with Jane Quinn completely. Also, they calculate break-even and consider only the benefits paid to them while they are alive, not the benefits on th...
by munemaker
Fri Jul 06, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19195

Re: Replace car battery after X years or wait till it dies?

I learned my lesson last week. I forgot about my battery. It's the original put into use in Fall 2008. On July 1 of 2018 (after 10 years of use) after getting off the freeway and approaching my destination all power went out: the car engine died, along with power steering, etc. (I am really happy t...
by munemaker
Fri Jul 06, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17956

Re: Morningstar: prepare for a lost decade for U.S. stocks

So..... be greedy when others are fearful? :beer :beer :beer No fear right now. Just a little caution. The fear comes when the market is down 40%-50% I thought JOY comes when the market is down 40%-50%, although 50% is a little historically extreme so close to 2008-2009, so let's modify it to 30%-4...
by munemaker
Fri Jul 06, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 162
Views: 19195

Re: Replace car battery after X years or wait till it dies?

I do not replace a car battery until it fails. Due to my frugal nature, I can't throw something out that has life left in it. Just a couple weeks ago, 4 year old battery failed with some pro-rata warranty left on it; fortunately it was in my garage when this happened.
by munemaker
Fri Jul 06, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a way to add a missing expense transaction in Personal Capital?
Replies: 3
Views: 342

Re: Is there a way to add a missing expense transaction in Personal Capital?

When I say "add," I mean manually adding an expense transaction to the system. I think you are going to have to give a better definition of "missing expense transaction". If it's missing from one of your online accounts that is being monitored then getting it fixed at the source of the problem stri...
by munemaker
Fri Jul 06, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 17956

Re: Morningstar: prepare for a lost decade for U.S. stocks

StormShadow wrote:
Fri Jul 06, 2018 10:57 am
So..... be greedy when others are fearful? :beer :beer :beer
No fear right now. Just a little caution. The fear comes when the market is down 40%-50%