Search found 237 matches

by mindboggling
Fri Dec 14, 2018 9:56 pm
Forum: Personal Consumer Issues
Topic: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?
Replies: 66
Views: 3831

Re: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?

In response to the perennial question as to whether one can retire yet, I'd say:

If the price of toilet paper matters, then no.

Maybe one more year?
by mindboggling
Sun Nov 04, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18471

Re: Vanguard website "unavailable during weekend of Nov 3"

7am EST Sunday. Site appears to be up and running. Upstate NY location for me.
by mindboggling
Sat Nov 03, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: How low can BND go?
Replies: 65
Views: 7833

Re: How low can BND go?

The OP may have invested in something s/he did not fully understand. Did they really think that the NAV of a bond fund does not change with changes in interest rates? Bonds and bond funds are not risk-free investments.
by mindboggling
Sat Nov 03, 2018 9:33 pm
Forum: Investing - Theory, News & General
Topic: Name the Top 5 investment books you've read
Replies: 46
Views: 11118

Re: Name the Top 5 investment books you've read

I've hardly read any investing books. I read "The Four Pillars of Investing" by Bernstein. It was OK until it started getting into the nuts and bolts of his slice-n-dice portfolio. I was already a Bogle-style three-funder. I read part of "A Random Walk Down Wall Street" by Malkiel. Never finished it...
by mindboggling
Sat Nov 03, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: What are you learning or studying?
Replies: 112
Views: 9435

Re: What are you learning or studying?

After about 20 years of not taking any type of course in anything, I took "Critical Thinking for the Information Age" via Coursera, and I am working my way through "Learning Python The Hard Way" another online course (not Coursera).

I am 65 years old...retired.
by mindboggling
Tue Oct 23, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: "The market always comes back"
Replies: 20
Views: 4079

Re: "The market always comes back"

Although it seems a natural thing to do, it's sad to spend less when the market is down. It's the best time to go on vacation!
by mindboggling
Sun Oct 14, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 6008

Re: What the heck is growing in my yard?

Avoid eye contact. If it has no eyes, avoid all contact. --Firesign Theatre
by mindboggling
Mon Oct 08, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?
Replies: 42
Views: 2889

Re: Is it a sign that a bear market is coming, when most people are afraid that stocks will plummet?

As for "sentiment" being the "cause of market changes," is it? This idea was, to some extent, tested during the Great Depression. People put up big billboards saying "Wasn't the Depression terrible?" with the idea that if you could get people to think about it in the past, it could be made to go aw...
by mindboggling
Sun Sep 30, 2018 5:37 am
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 127
Views: 15588

Re: Sears, a 125 year old company is now a penny stock.

My first piece of plastic was a Sears charge card back around 1975. I had just graduated from college and couldn't qualify for anything else yet.
by mindboggling
Thu Sep 13, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Question for RMD'ers with predominantly bond IRAs
Replies: 11
Views: 951

Re: Question for RMD'ers with predominantly bond IRAs

I am not taking RMDs yet, but a while back I moved a portion of my traditional IRA to a short-term bond index fund (VBIRX).
by mindboggling
Thu Sep 13, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4355

Re: Fidelity, Schwab, or Vanguard

If the investor is experienced and can ferret out the low-cost index funds at Fidelity or Schwab, either is OK. An inexperienced investor would be better off at Vanguard even if the customer service may not quite be at the Fido or Schwab level.
by mindboggling
Tue Sep 11, 2018 11:22 pm
Forum: Investing - Theory, News & General
Topic: Mother, can I trust the stock market?
Replies: 19
Views: 2377

Re: Mother, can I trust the stock market?

As the poet Charles Bukowski once said:

"We believe like dogs believe...
by mindboggling
Sat Sep 01, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Don't Look and Have A Doctor Waiting When You DO
Replies: 35
Views: 5853

Re: Don't Look and Have A Doctor Waiting When You DO

I think it was Samuel Johnson who said:

"In all pointed sentences, some degree of accuracy must be sacrificed to conciseness."
by mindboggling
Thu Aug 30, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Great Places to Work?
Replies: 5
Views: 1071

Great Places to Work?

I was waiting at the doctor's office and looking through the July issue of Fortune magazine. Inside was a one page "Briefing" entitled "The 10 Best Workplaces for Millennials". The No. 3 spot went to our old friend Edward Jones! Included was the following blurb: According to one worker at this finan...
by mindboggling
Mon Aug 06, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Any Experience? - Vanguard Customer Service When Transferring Accounts from Large Brokerage Firm
Replies: 19
Views: 1183

Re: Any Experience? - Vanguard Customer Service When Transferring Accounts from Large Brokerage Firm

A couple of years ago I had a Roth IRA at Vanguard. I transferred it to Fidelity based on stories I heard about poor customer service at Vanguard. Recently, I transferred it back to Vanguard in the interest of simplicity (most of my life savings are with Vanguard). I was able to do it completely onl...
by mindboggling
Tue Jul 31, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: What is "Vanguard select"
Replies: 7
Views: 1091

Re: What is "Vanguard select"

Vanguard Voyager Select is $500,000 to $1,000,000 in assets at Vanguard.

Vanguard Flagship is $1,000,000 to $5,000,000, and Flagship Select is over $5,000,000.
by mindboggling
Mon Jul 23, 2018 6:40 am
Forum: Personal Consumer Issues
Topic: Engineers come in.
Replies: 108
Views: 8375

Re: Engineers come in.

BS in general engineering here (1975). I found classroom lectures not useful. Doing the reading and the homework was where I actually learned. Three or four hours per night most nights.
by mindboggling
Sat Jul 14, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard IRA Transfer
Replies: 4
Views: 390

Vanguard IRA Transfer

I am a long-time Vanguard investor (31 years). A couple of years ago, over-reacting to tales of poor customer service and outdated computer systems, I moved my Roth IRA to Fidelity. It had been invested in one of the LifeStrategy funds and I just left it like that at Fidelity. I just transferred it ...
by mindboggling
Sun Jul 01, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8699

Re: What % of your equity is int’l?

According to Vanguard's Portfolio Watch tool, about 24.5 percent of my equities are international.
by mindboggling
Sun Jun 24, 2018 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Hedging annuity with life insurance
Replies: 6
Views: 614

Re: Hedging annuity with life insurance

There are usually many annuity payout options available. "Life" just pays out until you die. "Life with X number of years period certain" will guarantee payment for X number of years even if you die before that. You will need to chose a beneficiary. Other options are usually available, too.
by mindboggling
Fri Jun 22, 2018 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 379
Views: 37102

Re: What is/ was your career and would you recommend it now?

Retired now. I spent my entire career on the technical side of the television broadcast industry. I've worked for two TV stations (large & small), three broadcast equipment manufacturers (large & small), and two television networks. Job titles I've held include operations technician, maintenance eng...
by mindboggling
Sun May 27, 2018 10:56 pm
Forum: Local Chapters and Bogleheads Community
Topic: MEMORIAL DAY 2018
Replies: 28
Views: 3057

Re: MEMORIAL DAY 2018

Taylor...thank you for the reminder. I never served. I registered for the draft in 1971, got a student deferment, then they ended the draft and that was that. Today, many of the well-known military charities are highly inefficient, spending far too much on direct mail campaigns. I'd like to recommen...
by mindboggling
Sat May 26, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Recommendation
Replies: 18
Views: 1953

Re: Bond Recommendation

In general, dividends generated by a non-tax-exempt bond fund such as a total, corporate, or government bond fund are taxable at your marginal rate. A national or state tax-exempt bond fund such as a municipal bond fund are preferred. Another way to handle it is to buy more stocks in your taxable ac...
by mindboggling
Sun May 20, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 114
Views: 13356

Re: done with Gmail

Fastmail here, too. No Problems. Also have gmail and use juno as a junk mail account.
by mindboggling
Thu Apr 12, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 28658

Re: Anyone Deleting Facebook?

I initiated the Facebook account delete procedure a few days ago. I never used my account for anything anyway. When I downloaded the data they had on me, there was almost nothing there. I worry more about Amazon.
by mindboggling
Tue Apr 10, 2018 12:53 am
Forum: Investing - Theory, News & General
Topic: Why not annuitize most of portfolio?
Replies: 104
Views: 9733

Re: Why not annuitize most of portfolio?

My thought is if one does not have enough retirement corpus then he has no choice than an annuity to maintain a monthly cashflow even if it is low. On the other hand, if one has enough corpus he can take more risk to increase it and stay the course even post retirement. Yes, if one didn't save much...
by mindboggling
Tue Apr 10, 2018 12:24 am
Forum: Investing - Theory, News & General
Topic: Why not annuitize most of portfolio?
Replies: 104
Views: 9733

Re: Why not annuitize most of portfolio?

More problems when annuitizing: * You and your spouse could both die next year and your heirs would get nothing from that money that went into the annuity. This can be remedied by specifying life plus period certain. The reduction in payment is often not that significant, and it leaves something to...
by mindboggling
Mon Apr 09, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: Why not annuitize most of portfolio?
Replies: 104
Views: 9733

Re: Why not annuitize most of portfolio?

I purchased a variable annuity through Vanguard about 20 years ago. I annuitized it last fall at the age of 64 (life with 15-year period certain). At the time, due to the long-running bull market, my investment portfolio was 2 million dollars and the annuity amounted to a bit under 25 percent of the...
by mindboggling
Thu Mar 29, 2018 8:49 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 10737

Re: What is the endgame for Millennials?

Folks, For others that say my generation aka the previous generation had a good life, they must be talking about someone else. Houston Oil Bust, Texas Saving & Loan Crisis, Asian Currency Crisis, Telecom Boom and Bust, 2007/2009 great recession. I had to survive one economic crisis after another si...
by mindboggling
Tue Mar 27, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 7643

Re: Concerns with Vanguard

I have been a Vanguard investor for thirty years. I don't bother them much. I can do what I need to do online. I've never spoken to my Flagship rep. I do, however, worry about the constant complaints about poor customer service and their seemingly outdated IT infrastructure. Last year I moved my sma...
by mindboggling
Sun Mar 18, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: no health insurance as an early retirement strategy
Replies: 30
Views: 2480

Re: no health insurance as an early retirement strategy

As a risk-averse person, I don't think I would ever not have health insurance. I retired from full-time work at 60. I've used a little over half my buy-out cash to pay for five years of health insurance at market rates. I am eligible for Medicare starting April 1 (an appropriate start date). It turn...
by mindboggling
Sun Mar 11, 2018 6:59 am
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 27470

Re: Why International again?

As Frank Zappa and the Mothers of Invention sang many years ago:

"It can't happen here."

Or can it?
by mindboggling
Fri Mar 09, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: What do you pay for your phone/cable/internet? REAL total with tax?
Replies: 48
Views: 3573

Re: What do you pay for your phone/cable/internet? REAL total with tax?

I don't watch TV so I don't have "cable". I use Spectrum Cable (old Time Warner) for internet-only at $67/month (includes "renting" the modem). I also have a Net10 mobile phone at $35/month (unlimited data, 500 MB high-speed). I also have a house phone via MagicJack (VOIP) at about $40/year. Of cour...
by mindboggling
Thu Mar 01, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly income stream for a senior citizen – safeguard from scammers
Replies: 12
Views: 1330

Re: Monthly income stream for a senior citizen – safeguard from scammers

I recently annuitized a variable annuity that I started many years ago through Vanguard. I chose Life with 15-Year Period Certain. If I pass away shortly after annuitization it will pay out for almost 15 years to a beneficiary. The reduction in the monthly payment for the 15-year option was small.
by mindboggling
Tue Feb 27, 2018 9:47 pm
Forum: Personal Consumer Issues
Topic: Need a Pocket Watch
Replies: 40
Views: 2746

Re: Need a Pocket Watch

I like an inexpensive wristwatch. I don't walk around with my cell phone in my hand all the time. It's so much easier to just look at my wrist to tell the time. The era when pocket watches were popular was when they were kept in one's vest pocket. That way, when one was sitting down it was not a big...
by mindboggling
Tue Feb 27, 2018 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Physical cash
Replies: 121
Views: 9326

Re: Physical cash

I like to have about $50 on me and maybe another $50 to $100 at home.
by mindboggling
Sun Feb 18, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Chillin' in the BH Lounge
Replies: 46
Views: 6238

Re: Chillin' in the BH Lounge

There once was a gal from Nantucket
Who kept all her dough in one bucket
"I save what I earn,
Go for total return,
It's better than trying to luck it."
by mindboggling
Sun Jan 28, 2018 11:15 pm
Forum: Personal Consumer Issues
Topic: Should I join my local Freemasons?
Replies: 31
Views: 5489

Re: Should I join my local Freemasons?

Freemasonry does not want people to join to further their business interests. If you tell them that is why you want to join they will not admit you. In rural areas most of the Lodges have membership and financial difficulties. Near the big cities, the Lodges are more viable. If you are primarily int...
by mindboggling
Sat Jan 27, 2018 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 24970

Re: I bought a stock today - Redfin (RDFN)

A couple of years ago when I first listed my outer-borough NYC co-op apartment for sale, I filled out Redfin's online contact form and no one ever got back to me. A couple of weeks later I received an email asking me for customer service feedback. Sweet! I gave them a low rating and explained why. A...
by mindboggling
Fri Jan 26, 2018 1:14 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 272
Views: 61798

Re: How to Minimize Your Emergency Care Expenses

Great original post...thank you!

S
by mindboggling
Wed Jan 17, 2018 1:08 am
Forum: Investing - Theory, News & General
Topic: AAII?
Replies: 5
Views: 841

Re: AAII?

I've had a life subscription since the mid-80s. Back then there were a lot of articles about index investing, the importance of low costs, etc. Nowadays, they seem to be more into stock-picking/screening. There's not much that interests me anymore. But I still get the Journal for free.
by mindboggling
Sat Dec 30, 2017 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 8091

Re: So, how was the year ? Gains made and Lessons learnt ?

2017: 1. GF has metastatic cancer...she's holding steady. 2. I don't track investment returns, but it appears the market is up! 3. 2017 was my first full year of total retirement. I stopped working full-time in 2013, but returned to work almost immediately as a part-time daily-hire. Called it quits ...
by mindboggling
Sat Dec 23, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Using home warranty to re-key your house
Replies: 12
Views: 2093

Re: Using home warranty to re-key your house

If you have the money and are serious about home security I recommend Medeco locks. The big advantage is to get duplicate keys made requires a trip to a Medeco dealer and proof of identity. I used to own an apartment in one of NYC's outer boroughs. I was able to have extra keys for a Medeco dead bo...
by mindboggling
Sat Dec 16, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: When to move into bonds
Replies: 53
Views: 6422

Re: When to move into bonds

Ben Graham would have recommended you make the move a long time ago. He said that the default position should be 50/50 and that everyone should be somewhere between 75/25 and 25/75. We just all think we know better. Especially if we have an advanced degree from Blah-blah-blah University (a top yada...
by mindboggling
Sun Dec 10, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 123
Views: 15101

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

Avoid needless precision. Many of the Mr. Spocks here may disagree, but nevertheless I think it's true. Life's an art.
by mindboggling
Tue Dec 05, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: Running Linux vs Other OS?
Replies: 33
Views: 2235

Re: Running Linux vs Other OS?

I've been using Linux at home exclusively for over ten years. Currently, I have an old desktop running Mint Linux with the XFCE desktop, an old laptop running Lubuntu, and a netbook computer running Lubuntu that I use exclusively for streaming classical music from internet radio stations into a lega...
by mindboggling
Sun Dec 03, 2017 1:33 pm
Forum: Investing - Theory, News & General
Topic: The Pros and Cons of Target-Date Funds vs 3 Fund: LifeCycle Investing
Replies: 32
Views: 5421

Re: The Pros and Cons of Target-Date Funds vs 3 Fund: LifeCycle Investing

There's nothing wrong with target date funds during accumulation. In retirement, however, when one might be drawing down accounts, I'd rather have the flexibility of separate fund accounts so that in a down market one could liquidate fixed income funds and in an up market equity funds.