Search found 2084 matches

by munemaker
Sat Nov 18, 2017 12:39 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 47
Views: 3372

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

I don't think you understand asset allocation. You should read the book "All About Asset Allocation" by Richard Ferri (borrow from the library). Asset allocation is not just some financial adviser telling you that you should have part of your portfolio in bonds. I generally avoid financial advisers,...
by munemaker
Fri Nov 17, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: HR messed up my HSA election
Replies: 7
Views: 522

Re: HR messed up my HSA election

Earlier this year I increased all my tax deferments to take advantage of inheritance windfall. I am essentially not taking a paycheck. I maxed my 457 and HSA then put most everything in a 403b. I recently realized that my employer has only be deducting HALF of my election. Instead of $300 per pay, ...
by munemaker
Fri Nov 17, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Chain of command
Replies: 24
Views: 2691

Re: Chain of command

BL wrote:
Thu Nov 16, 2017 9:46 am
BolderBoy wrote:
Thu Nov 16, 2017 9:35 am
You need to look for another job. No good is going to come of this.
+1
Best advice yet.
I agree. Since you know about this and are in the chain, you may be accused of being complicit if it hits the fan.
by munemaker
Fri Nov 17, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Draft a will with legalzoom or other online legal help
Replies: 61
Views: 3939

Re: Draft a will with legalzoom or other online legal help

Can someone explain to me why people are uncomfortable creating a will? Do people forget that everyone is going to die at some point. As of now we are not immortal. In the future with medical advances that may be different. It shouldnt come as a surprise that we are all going to die. Unless you wan...
by munemaker
Fri Nov 17, 2017 5:10 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 47
Views: 3372

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

Finridge, In my studies of Millionaires (The Millionaires Next Door) on the net. (Warren Buffett, Ronald Read, Walgreens Millionaire + about 20 more). They all had some common traits: 1). Very frugal. 2). Very high stock allocation (90-100% stocks). 3). Mostly dividend paying stocks (they were not ...
by munemaker
Fri Nov 17, 2017 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Draft a will with legalzoom or other online legal help
Replies: 61
Views: 3939

Re: Draft a will with legalzoom or other online legal help

It seems like that would be much more complicated than adult children. My children are adults. With minor children, I think it is common practice to specify guardians for your children. I have never done that, but it doesn't seem like it would be that complicated; WillMaker Plus guides you through ...
by munemaker
Fri Nov 17, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Draft a will with legalzoom or other online legal help
Replies: 61
Views: 3939

Re: Draft a will with legalzoom or other online legal help

As as long as we're talking about legal expertise, another legal question: are you sure you can have that Willmaker software on your computer? Or the Willmaker book for that matter? There are probably two different legal issues involved - the EULA for the software, and the copyright (and first-sale...
by munemaker
Fri Nov 17, 2017 7:41 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 121
Views: 12941

Re: MoviePass-Too good to be true, but it's legit.

Que1999 wrote:
Fri Nov 17, 2017 5:19 am
I think MoviePass has a huge opportunity to shake up the theater industry
If someone really wants to shake up the theater industry, they need to come out with a "Popcorn Pass."
by munemaker
Fri Nov 17, 2017 7:09 am
Forum: Personal Consumer Issues
Topic: St. Petersburg, FL visit: Rental car, tolls, SunPass questions
Replies: 16
Views: 532

Re: St. Petersburg, FL visit: Rental car, tolls, SunPass questions

The rental car companies at the Tampa airport (at least Hertz, I assume the others) have this little scam. There are toll roads in the area with no toll booths. If you don't have a Sun Pass, the state takes a picture of the license plate and apparently bills the owner. The tolls are reasonable, but ...
by munemaker
Thu Nov 16, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Draft a will with legalzoom or other online legal help
Replies: 61
Views: 3939

Re: Draft a will with legalzoom or other online legal help

finallyinvesting wrote:
Thu Nov 16, 2017 11:21 am
Keep in mind, though, that a will, when probated becomes public information.
Attorneys always seem to make a big deal out of this. Seems old school to me. When I am dead, do I really care if people know what I owned?
by munemaker
Thu Nov 16, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Draft a will with legalzoom or other online legal help
Replies: 61
Views: 3939

Re: Draft a will with legalzoom or other online legal help

I just prepared wills for my wife and I using Quicken Willmaker Plus. Some people on here seem to think there are some magic words only an attorney knows, or something complicated about preparing a will. They may be correct if you have some special circumstances. If your situation is straightforward...
by munemaker
Thu Nov 16, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 121
Views: 12941

Re: MoviePass-Too good to be true, but it's legit.

The "Check-in" is to let MoviePass know that you are at the theater (the app uses GPS). So, if you refuse to use the GPS on your phone due to security/paranoia or battery reasons, like me, you can't use MoviePass? I guess I'm out, then. Try these work arounds: You could just turn GPS on for a minut...
by munemaker
Wed Nov 15, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 121
Views: 12941

Re: MoviePass-Too good to be true, but it's legit.

I got the card about a month ago. Previously I went to about 1 movie every 5 years. In the last month, I have gone to 5 (retired). Works perfect, just as advertised. There are only a few theaters in our area and it works at all of them. Some places there are these kind of specialty theaters that sho...
by munemaker
Wed Nov 15, 2017 7:12 pm
Forum: Investing - Theory, News & General
Topic: Quest for better fund selection in 401 K
Replies: 18
Views: 1166

Re: Quest for better fund selection in 401 K

In my current 401 K plan I make the decisions as to what to add and remove funds and pay all the expenses for the participants ( other than taking loans out). I had requested information as to what I would if I pay the extra fee to self manage, but again I was stonewalled. Not sure if we are talkin...
by munemaker
Wed Nov 15, 2017 12:35 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4160

Re: Regrets after reaching retirement?

Bogleheads, I'd like to solicit some general feedback on personal regrets you have either after retiring or upon reaching retirement. For example, I'm 30, married with no kids, a bit of a workaholic, and don't allow myself to take vacations. I had a mentor recently encourage me to relax a little as...
by munemaker
Wed Nov 15, 2017 7:38 am
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 53
Views: 2372

Re: Michelin or Bridgestone?

KlangFool wrote:
Tue Nov 14, 2017 9:05 pm

3) I buy tire rated at 60K miles and up model. It is the better deal.

KlangFool
I do too, but they never last anywhere near 60k miles. Not even close.
by munemaker
Tue Nov 14, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: Quest for better fund selection in 401 K
Replies: 18
Views: 1166

Re: Quest for better fund selection in 401 K

My previous employer had a 401k committee that met quarterly with a representative from the plan administrator. The committee made decisions regarding when to add and remove fund choices (within a menu that the plan administrator could make available). Even with a committee like that, it was difficu...
by munemaker
Mon Nov 13, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6152

Re: Isn't it safer to NOT sign Credit card?

Things will never change if you don't push back. Things will not change if you complain to the wrong guy. Did you write a letter to the Postmaster General with your concerns? Do you really think that would do any good? It would be a waste of time. Perhaps it gets passed up the chain: "Customers do ...
by munemaker
Mon Nov 13, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6152

Re: Isn't it safer to NOT sign Credit card?

I am wondering if the Post Office changed their practices. Someone told me our local PO now has a card reader where you hold your card and scan it yourself, as opposed to handing the card to the PO person. Of course, they could still insist on seeing the card, but that would kind of defeat the bene...
by munemaker
Mon Nov 13, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6152

Re: Isn't it safer to NOT sign Credit card?

I don't think it really matters either way. The USPS seems to be the only place that actually pays attention. So if the card is signed, someone can use it without being questioned. Yes, some clerk could try to see if the signature on the card reading device matches the signature on the card? Yes, r...
by munemaker
Mon Nov 13, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6152

Re: Isn't it safer to NOT sign Credit card?

I posed the original question based on two premises: 1. A signature on the back doesn't offer any real protection: - No one checks if it's there, nor compares it against a receipt. - Increasingly the card never even leaves the user's hand (owner or thief) BUT 2. If a thief stole both your signed ca...
by munemaker
Mon Nov 13, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6152

Re: Isn't it safer to NOT sign Credit card?

OK - so if this is so important, how is this signature verified for online purchases? Answer: It isn't. So if the signature is not verified for online purchases, why would it have to be verified for in-person purchases? Face reality. In most cases, it doesn't make a bit of difference if you sign it...
by munemaker
Sun Nov 12, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6152

Re: Isn't it safer to not sign Credit card?

However if you are from the US ... then here no one ever verified my own signature from the card and the receipt - not ONCE. Have you ever used a credit card at the US Post Office? They have a policy that you MUST have a signed card. I have only one signed card, one I used it at the Post Office. I ...
by munemaker
Sun Nov 12, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6152

Re: Isn't it safer to NOT sign Credit card?

An unsigned card is invalid per VISA-retailer terms of agreement and should not be accepted. OK - so if this is so important, how is this signature verified for online purchases? Answer: It isn't. So if the signature is not verified for online purchases, why would it have to be verified for in-pers...
by munemaker
Sun Nov 12, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: What is the best app to use for trading stocks?
Replies: 7
Views: 590

Re: What is the best app to use for trading stocks?

The best way to own these stocks is through a stock index fund that holds them. You get the benefits of owning these stocks plus good diversification. Forget about trading them. Hold the index fund for the long run. You will be better off.
by munemaker
Sun Nov 12, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6152

Re: Isn't it safer to NOT sign Credit card?

I don't think it really matters either way. The USPS seems to be the only place that actually pays attention. So if the card is signed, someone can use it without being questioned. Yes, some clerk could try to see if the signature on the card reading device matches the signature on the card? Yes, ri...
by munemaker
Sun Nov 12, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: How do you project the amount you will have to spend annually in retirement?
Replies: 76
Views: 4098

Re: How do you project the amount of income you will have in retirement?

I take the amount of my estimated retirement savings & investments, and then I multiply times 4%. That's the projected retirement income.
by munemaker
Sun Nov 12, 2017 5:27 am
Forum: Personal Finance (Not Investing)
Topic: Capital One -- Again!
Replies: 59
Views: 11034

Re: Capital One -- Again!

To me, it doesn't look all that different -- maybe a bit more "app"-ish with big buttons and larger text and a lot of white space. But yes, no more check images when you click on a deposited check. hmmm... I have checking, savings and money market accounts at Capital One 360. Just did a quick look ...
by munemaker
Sun Nov 12, 2017 5:19 am
Forum: Personal Finance (Not Investing)
Topic: ACA MAGI planning
Replies: 52
Views: 3745

Re: ACA MAGI planning

mrgeeze wrote:
Fri Nov 03, 2017 3:32 pm

The end of the year is coming and I want to be sure I don't earn more than allowed for ACA subsidies.
It is best to plan for ACA years in advance. Your actions at year end are limited.
by munemaker
Sun Nov 12, 2017 5:14 am
Forum: Personal Consumer Issues
Topic: Unnecessary Corporate Meetings
Replies: 25
Views: 1845

Re: Unnecessary Corporate Meetings

I don't think there is a good solution if you are not the one scheduling the meetings other than not attending them if they are not important. You have to be careful about which meetings you choose not to attend. A subordinate of mine skipped meetings repeatedly. I ended up firing him for that reas...
by munemaker
Sun Nov 12, 2017 5:01 am
Forum: Personal Consumer Issues
Topic: what pickup truck
Replies: 65
Views: 4766

Re: what pickup truck

Now weird a'tall. DW drives a full size SUV. I drive a pickup. Been that way for over 30 years. Neither of us can imagine driving a car anymore. Not weird at all. SUV & pickup sales are up and sedan sales are way down. I know several people who have trucks (with covers over the bed) who never haul ...
by munemaker
Wed Nov 08, 2017 11:57 am
Forum: Investing - Theory, News & General
Topic: The average American retiree household
Replies: 57
Views: 10662

Re: The average American retiree household

https://www.newretirement.com/retirement/average-retirement-income-2017/ Pensions: A mere 32 percent of today’s retirees have pensions and this number is trending further downward. The number or retirees with pensions is trending further downward in the private sector. The public sector does not se...
by munemaker
Wed Nov 08, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 333
Views: 128178

Re: Retiree Portfolio Model - Is this a bug?

How do I report this? You just have. I'll check it out. The rate change feature appears to be working as designed. The rates being controlled are in lines 22-25 and entering a zero or blank will keep the default rates in use. However, it does appear the tax-exempt calculation may not be working pro...
by munemaker
Tue Nov 07, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 333
Views: 128178

Retiree Portfolio Model - Is this a bug?

I have really been digging into this spreadsheet. It is very impressive and is tremendously helpful. My complements to the creator. However, the spreadsheet does have what seems to be a bug: In the SETUP tab, under "3. Return Rates and Allocation," there is an feature "optional, future asset allocat...
by munemaker
Mon Nov 06, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: Climate controlled cars - Useful or Useless?
Replies: 49
Views: 2090

Re: Climate controlled cars - Useful or Useless?

After 15+ years of driving a car with manual temperature control, I bought a 2-zone climate controlled car. To be honest, I find the system very annoying to use . It is too complicated for what it is trying to achieve . It operates like a black box so I have no idea what it is really doing. For exa...
by munemaker
Sun Nov 05, 2017 8:39 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey sounded like a Boglehead today (Nov 2 2017)
Replies: 33
Views: 5501

Re: Dave Ramsey sounded like a Boglehead today (Nov 2 2017)

Why anyone on this forum would care what Dave Ramsey thinks, believes or promotes?
by munemaker
Sat Nov 04, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: ACA MAGI planning
Replies: 52
Views: 3745

Re: ACA MAGI planning

As someone who may need to use ACA in the near future I have a question. For aca plan in 2018, which year do you calculate MAGI from - 2017 or 2018? If you are wrong and go over, its on you. This is important to remember. As I understand it if you go over the max the clawback can be quite painful. ...
by munemaker
Fri Nov 03, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: How has your AA philosophy changed over the years?
Replies: 45
Views: 3558

Re: How has your AA philosophy changed over the years?

Here's how mine has changed:

When I was in my 20's, I was 100% in equities.

Over the years the % equities has steadily been reduced. Now I am retired and at 50% equities. I am comfortable there and don't expect to reduce it early.
by munemaker
Fri Nov 03, 2017 9:09 pm
Forum: Personal Consumer Issues
Topic: CR doesn't like some formerly favored SUVs
Replies: 25
Views: 2854

Re: CR doesn't like some formerly favored SUVs

CR rates Toyota, Lexus and Honda as best. I think that is irrefutable unless you get the odd lemon. Cadillac and GMC are at the bottom and based on a few people I know that own them I would say this is accurate. In last year's CR auto issue, I remember the FIAT brand being rated last and Jeep being...
by munemaker
Thu Nov 02, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14499

Re: 2018 ACA rates now live....

It went smooth for me to renew too but I will still need to send in some paperwork verify my income. I transitioned from six-figure MAGI in 2016 to $29K (retirement) for 2018 (for a couple). We are well into CSR territory and I was fully expecting the exchange to demand proof of income. I spent a l...
by munemaker
Thu Nov 02, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14499

Re: 2018 ACA rates now live....

indexfundfan wrote:
Thu Nov 02, 2017 1:04 pm
After you submit the application, can you still make changes until Dec 15?
Yes you can.
by munemaker
Thu Nov 02, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14499

Re: 2018 ACA rates now live....

But let's not forget who is really shouldering the cost of Obamacare subsidies: https://www.atr.org/full-list-ACA-tax-hikes-a6996 That ignores those that are younger/healthier and get no subsidy..... The whole program is a house of subsidies: - Younger subsidizing the older. - Wealthier subsidizing...
by munemaker
Wed Nov 01, 2017 8:44 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14499

Re: 2018 ACA rates now live....

We just signed up for 2018 coverage this am. The website worked really well. I thought it might be bogged down, being the start of 2018 open enrollment. We got a really good deal...very pleased with the plan and the price (after heavy PTC and CSR). I know there is a lot of griping about ObamaCare, b...
by munemaker
Tue Oct 31, 2017 7:08 pm
Forum: Personal Consumer Issues
Topic: New vehicle...GMC Acadia, Chevy Traverse, or Buick Enclave?
Replies: 144
Views: 23302

Re: New vehicle...GMC Acadia, Chevy Traverse, or Buick Enclave?

Beehave wrote:
Thu Sep 21, 2017 9:10 am
And no minivan under consideration because...?
Lots of people do not like to Bee seen in a minivan. Even the soccer moms have pretty much switched to SUVs.
by munemaker
Tue Oct 31, 2017 6:27 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19333

Re: To take or not to take delivery of Tesla 3

I have to say I don't get the Tesla thing. Bogleheads are constantly saying do not buy the first model year of a new design. Tesla is way beyond that! First model year of entirely new technology! I don't know why anyone would do this for any reason other than being an early adopter or maybe it is a ...
by munemaker
Tue Oct 31, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14499

Re: 2018 ACA rates now live....

The insurance companies are required to provide CSRs regardless. All this court decision and the Trump Administration agreeing to comply does is change who pays. Now instead of the federal government, it will be the insurances companies who pay. Except, it is really the rate payers who will end up ...
by munemaker
Tue Oct 31, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: New vehicle...GMC Acadia, Chevy Traverse, or Buick Enclave?
Replies: 144
Views: 23302

Re: New vehicle...GMC Acadia, Chevy Traverse, or Buick Enclave?

d) none of the above. Get a Honda or Toyota SUV and call it done!
by munemaker
Tue Oct 31, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14499

Re: 2018 ACA rates now live....

Worrying about the CSRs will only come into play if congress does something to restore the CSRs, right? Aren't these subsidies not being paid/funded as of now? The insurance companies are required to provide CSRs regardless. All this court decision and the Trump Administration agreeing to comply do...
by munemaker
Tue Oct 31, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: Lets take about the adjustment
Replies: 13
Views: 1568

Re: Lets take about the adjustment

TheQuestionGuy wrote:
Tue Oct 31, 2017 4:20 pm
Good replies.
I guess "wishing i stayed in" is a much better position than "wishing I got out".
Nope, not at all. Stay in and ride through the dips and peaks. Otherwise you are market timing, which is not the way to go.