Search found 651 matches

by Cyclesafe
Sat Oct 13, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5535

Re: Weigh in on our Marital Argument =)-- HCOL edition

The obligation thing. Worldwide plenty of people live with multiple generations under the same roof. Everybody gets along because it is normal. If OP invokes cultural constraints, then there is just no answer. The visits must be endured. Much better this for a couple weeks a year than having a life ...
by Cyclesafe
Sat Oct 13, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Have you annuitized some of your money?
Replies: 67
Views: 5847

Re: Have you annuitized some of your money?

I intend to almost certainly joint life annuitize roughly 20% of my net worth sometime between the ages 75 and 80. The main reason is to address cognitive decline. I have no legacy interests. The reason for 20% is that that's how much will remain in my variable investment annuity after withdrawing t...
by Cyclesafe
Sat Oct 13, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5535

Re: Weigh in on our Marital Argument =)-- HCOL edition

Quality of life is everything. Use the money you're saving by living in the smaller condo to enrich your family experience even more. Concentrate on ensuring that your children do not feel deprived by not having their own rooms. Make up for it in other ways. This would probably be alot easier if the...
by Cyclesafe
Fri Oct 12, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare premiums will be down an average of 1.5 percent next year
Replies: 39
Views: 4074

Re: Obamacare premiums will be down an average of 1.5 percent next year

My unsubsidized private Cali HDHP PPO bronze plan for 2019 is going up 11.47%.
by Cyclesafe
Fri Oct 12, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Federal Money Market compared to Prime Money Market
Replies: 19
Views: 2201

Re: Vanguard Federal Money Market compared to Prime Money Market

Vanguard is highlighting information on their web-site about the rate of their federal money market fund (VMFXX which is also their settlement account and has a current SEC yield of 2.04%) as being higher than many other outside money market accounts. I am interested in clarifying a few things, is ...
by Cyclesafe
Fri Oct 12, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Crash Plan
Replies: 7
Views: 1022

Re: Crash Plan

This paper from Vanguard is useful

https://personal.vanguard.com/pdf/ISGPORE.pdf

The bottom line is that there is no evidence that any one plan is better than another. Annual or semi-annual monitoring with 5% bands is as good as any other strategy.
by Cyclesafe
Thu Oct 11, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: Anyone done a Hair Transplant?
Replies: 79
Views: 5912

Re: Anyone done a Hair Transplant?

Grow old gracefully. Body modifications are nearly always obvious and emphasize insecurity. Better to be mindfully healthy and maximize one's limited time on earth.
by Cyclesafe
Thu Oct 11, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: When Both Stocks and Bonds Fall, Where Does the Money Go?
Replies: 12
Views: 1827

Re: When Both Stocks and Bonds Fall, Where Does the Money Go?

One thing I can't quite understand on a day like yesterday is that when there's a significant amount of stock selling, the 10-year bond yield also rose. Which means there were more people selling 10-year bonds than buying, right? Or do bond yields work in a different way than my simple-minded suppl...
by Cyclesafe
Thu Oct 11, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5272

Re: Feeling Guilt among family/peers

The ugly truth about success is that it can diminish the relative self-perceived status of your associates. One would think that one's family would be pleased, but when they aren't and cause pain, either one showed off or they really don't have one's best interests at heart. Unconditional love trump...
by Cyclesafe
Wed Oct 10, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Annuities
Replies: 12
Views: 1056

Re: Annuities

My mother-in-law was also taken in by her banker's annuity sales pitch, to our great dismay. Even if I wanted an annuity I wouldn't buy it through a bank. After expressly in writing warning my FIL to NOT enter into a fixed investment annuity, he was sweet talked into one at his bank. The only thing...
by Cyclesafe
Wed Oct 10, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Annuities
Replies: 12
Views: 1056

Re: Annuities

After committing to an investment annuity, one spends a lifetime trying to get out of it as efficiently as possible. Tax deferred compounded interest from a fixed investment annuity at usually a higher rate than a CD is the positive, while higher risk (not FDIC insured), onerous surrender fees, high...
by Cyclesafe
Mon Oct 08, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: REI Adventures
Replies: 16
Views: 1946

Re: REI Adventures

One more point. REI and others are wholesalers who contract with local companies to provide the "REI Experience". The local van has an REI sign and the guides wear REI tee shirts one week and Sobec signs and tee shirts the next. The local companies change from year to year so what works one year mig...
by Cyclesafe
Mon Oct 08, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: REI Adventures
Replies: 16
Views: 1946

Re: REI Adventures

+1 on biking. I've been Banff to Jasper (and back) about four times. I've also been on 5 REI trips - Ecuador, Nepal (2X), Patagonia, Vietnam. They seem pricey until you see what other operators charge. Where possible, accommodations are 3-4 star, but in the hinterlands you get what you get. Food is ...
by Cyclesafe
Sat Oct 06, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Microsoft Windows 10 Update might cause data loss [Build 1809]
Replies: 22
Views: 2312

Re: Microsoft Windows 10 Update might cause data loss

Windows 10 update deleted my Outlook favorites. Most frustrating, with no fix apparent. Otherwise, OK (as fa as I can tell).
by Cyclesafe
Sat Oct 06, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: 45 year old - retirement question
Replies: 10
Views: 1411

Re: 45 year old - retirement question

As someone - now 64 - who retired at 45 let me encourage you to find a way to keep working. You might imagine nirvana for 5, 10 years, but bear in mind that your retirement will rapidly put you out of sync with your still working contemporaries and you may not feel to akin to those currently retired...
by Cyclesafe
Sat Oct 06, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9901

Re: What is your annual cost for health insurance?

Healthy couple 64yo in Cali (Bronze HDHP/ PPO no ACA subsidy): 2018: $20,099 premium; $9,600 deductible; expect to pay $2,300 out of pocket (deductible not reached) 2019 quote: $22,405 premium; $12,000 deductible; OOP unknowable, transitioning to Medicare anyway.... Don't forget the 3.8% net invest...
by Cyclesafe
Sat Oct 06, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuities - Already Commited, Now What?!?!
Replies: 5
Views: 750

Re: Variable Annuities - Already Commited, Now What?!?!

Call the Vanguard annuity desk. My experience with them has been very positive. They will work with you to make the best out of a bad situation. 1) As stated, understand what you've got - riders vs fees. 2) As appropriate, unravel variable annuities within IRA's. This can be done in situ or probably...
by Cyclesafe
Sat Oct 06, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 9901

Re: What is your annual cost for health insurance?

Healthy couple 64yo in Cali (Bronze HDHP/ PPO no ACA subsidy): 2018: $20,099 premium; $9,600 deductible; expect to pay $2,300 out of pocket (deductible not reached) 2019 quote: $22,405 premium; $12,000 deductible; OOP unknowable, transitioning to Medicare anyway.... Don't forget the 3.8% net investm...
by Cyclesafe
Thu Sep 27, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: Miele Dishwasher Installation
Replies: 3
Views: 684

Re: Miele Dishwasher Installation

We reinstalled our old Miele when we otherwise redid our kitchen. We had serious startup problems in that connecting to the airgap per code caused an error due to poor drainage. Miele, unlike some other brands, have check valves obviating the need for an airgap The problem was solved when we bypasse...
by Cyclesafe
Wed Sep 26, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: career change
Replies: 7
Views: 1105

Re: career change

Getting a degree in something else will force you to compete with similarly inexperienced candidates who will be thrilled to earn a starting salary. Don't do this unless you are going into a new field that you will love and you don't care about anything else. I agree that you need to develop a side ...
by Cyclesafe
Mon Sep 24, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Digitalizing Old Photos Help
Replies: 22
Views: 1633

Re: Digitalizing Old Photos Help

Bought an Epson purpose designed for negatives and photos some years ago. IIRC it was about $700 and it took 6 weeks at 8 hours per day to scan everything. I now have slide shows of every stage of my family's life, every vacation, and every event that I have viewed exactly once. Perhaps when I am ol...
by Cyclesafe
Mon Sep 24, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Ventilated car seats?
Replies: 61
Views: 4352

Re: Ventilated car seats?

Have ventilated seats in my Macan but they aren't particularly effective. IIRC, the option cost about $800. Wouldn't get them again.
by Cyclesafe
Mon Sep 24, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Dark stain wood floors
Replies: 27
Views: 2455

Re: Dark stain wood floors

Let me pile on.

If you care about the appearance of cleanliness, do not get dark floors unless you really like pulling out the vacuum.
by Cyclesafe
Mon Sep 24, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care
Replies: 92
Views: 4835

Re: Long Term Care

Assisted living in San Diego costs about $120k/year for a couple. A nursing home costs more, but with hospice and a DNR it shouldn't be necessary. LTC insurance is paid from day one and may not be needed by both of you or even one of you. And the contract tells you when you'll be eligible to collec...
by Cyclesafe
Sun Sep 23, 2018 5:37 pm
Forum: Personal Consumer Issues
Topic: Best paint finish for garage?
Replies: 12
Views: 1252

Re: Best paint finish for garage?

The more glossy the more water resistant and the more cleanable. I'd use glossy paint in my garage, just like I would in a bathroom. I think exterior paint tends not to be glossy as its relative lack of pigment reduces UV resistance. All water based paints have similar safety profiles. Make sure to ...
by Cyclesafe
Sun Sep 23, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care
Replies: 92
Views: 4835

Re: Long Term Care

Assisted living in San Diego costs about $120k/year for a couple. A nursing home costs more, but with hospice and a DNR it shouldn't be necessary. LTC insurance premiums are is paid from day one and may not be needed by both of you or even one of you. And the contract tells you when you'll be eligib...
by Cyclesafe
Sat Sep 22, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Car storage
Replies: 8
Views: 570

Re: Car storage

After three years your needs/wants may well have changed. Not worth it to store your vehicle. Dropping it off at CarMax is an excellent suggestion.
by Cyclesafe
Wed Sep 19, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 2829

Re: Traveling overseas .. credit cards? cash exchange?

Was in Norway last month and was shocked that some hotels and restaurants DO NOT TAKE CASH. Credit/debit cards only. Times are a'changing….
by Cyclesafe
Wed Sep 19, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: Should I bother meeting with a Chase Private Client Rep
Replies: 56
Views: 4972

Re: Should I bother meeting with a Chase Private Client Rep

No benefit to anyone who prefers to understand and be in control of their financial situation. But it may be of use to you to hear the pitch, especially if there is no fee involved up front for an analysis. You are already a customer of Chase, so don't feel that you are wasting the advisor's time. Y...
by Cyclesafe
Wed Sep 19, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 47
Views: 3978

Re: Equity allocation for Flagship clients?

restingonmylaurels wrote:
Wed Sep 19, 2018 7:03 am
Anything over 60% equity after age 60 may indicate having an increasing marginal utility of wealth, which for a Flagship client at that stage of life seems a bit puzzling but to each his own.
Perhaps reflects a legacy or charitable intent.
by Cyclesafe
Wed Sep 19, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: Stock market scenarios
Replies: 12
Views: 968

Re: Stock market scenarios

OP, This forum is chock full of intelligent, financially educated, and experienced investors who have concluded over their investing lifetimes that trying to predict the future beyond 1) equities will be more volatile, but will appreciate more than fixed in the indeterminate long term, and 2) the Un...
by Cyclesafe
Tue Sep 18, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: Anyone hire an interior designer?
Replies: 39
Views: 3593

Re: Anyone hire an interior designer?

Our kitchen designer asked questions and we answered them, but her proposal reflected only what she thought would win her an award. When we pointed out that her design did not reflect our preferences she got all in a huff. Plus we costed out her cabinet selection with the same vendor she used and di...
by Cyclesafe
Tue Sep 18, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds vs. Individual Bonds: Can someone quanitfy?
Replies: 31
Views: 1989

Re: Bond Funds vs. Individual Bonds: Can someone quanitfy?

But it is hard to watch investments in bonds go down (albeit not a lot) knowing that if my plan was to buy bonds and hold them for their duration, they would not go down. But even if you hold your bonds to maturity, in the interim they do indeed go down. The bonds go down as a function of interest ...
by Cyclesafe
Tue Sep 18, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: At what point do you use muni bonds in taxable portfolio?
Replies: 2
Views: 620

Re: At what point do you use muni bonds in taxable portfolio?

3.308% it is. TEY is muni%/(1-tr)

VWIUX in recent days has gone down sharply vs-a-vis VBTLX. Dunno why. Usually, as implied, breakeven tends to be more like 24%.
by Cyclesafe
Mon Sep 17, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Equity allocation for Flagship clients?
Replies: 47
Views: 3978

Re: Equity allocation for Flagship clients?

I am surprised by the responses.....

At 64YO also at 50/50. With inflation concerns between 64 and 100YO, just can't see tapering to 20-25% as Bogelhead convention has implied.
by Cyclesafe
Sat Sep 15, 2018 10:49 pm
Forum: Personal Consumer Issues
Topic: Rain Jacket recommendations and care
Replies: 32
Views: 2503

Re: Rain Jacket recommendations and care

IMHO, jacket and fabric manufacturers unconscionably overpromise what has been achieved regarding waterproofness / breathability. What is waterproof is not breathable and vice versa. As mentioned above, the best - by far - balance of the two is to simply get an umbrella. For hiking, I like this bran...
by Cyclesafe
Fri Sep 14, 2018 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Ameriprise annuity
Replies: 8
Views: 656

Re: Help with Ameriprise annuity

1035 to Vanguard and place in variable annuity subaccounts (~.45% fees) of your choice. After 59 1/2, withdraw and pay full income tax on your earnings to get your basis back. Alternatively, you can convert the balance to a SPIA after paying state premium taxes, if applicable.
by Cyclesafe
Fri Sep 14, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: CDs role in Fixed income part of portfolio
Replies: 31
Views: 2877

Re: CDs role in Fixed income part of portfolio

CD's make sense for a retail investor who wants zero risk and accepts the lower return thus associated with them. Interim values of secondary CD's between purchase and maturity do fluctuate, however, just like bond funds. Sometimes buying CD's are better than buying similarly risk free treasury bond...
by Cyclesafe
Wed Sep 12, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: Can you time the forex market?
Replies: 10
Views: 707

Re: Can you time the forex market?

The easy answer is no. You can't time exchange rates unless you have inside information. What is possible, however, is to use the stronger currency to buy goods in the weaker currency country. For example, the British pound is cheap versus the dollar. Now is the time to book a trip (in Britain, of c...
by Cyclesafe
Tue Sep 11, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 39
Views: 5500

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

This happened to me three times. The first two times I got another position before missing a paycheck, but had to move across the world each time. The third "layoff" was much more of a surprise and after a year of looking for another position, I decided I was retired - at age 45. I had the means, bu...
by Cyclesafe
Sun Sep 09, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: $250,000 family loan to parents?
Replies: 50
Views: 4676

Re: $250,000 family loan to parents?

I was in a similar situation and just gifted the money. (But I wasn't subject to any gift taxes....)
by Cyclesafe
Sat Sep 08, 2018 7:20 am
Forum: Personal Consumer Issues
Topic: Buy a house that needs full renovation?
Replies: 40
Views: 1773

Re: Buy a house that needs full renovation?

Costs vary greatly depending on location, but for the problems you are describing - even for a small house - $100k seems waaaaay low. In San DIego $100k bought me only a new kitchen and master bath, and my wife and I did 90% of the work! If you (and your girlfriend) are handy, you will know whether ...
by Cyclesafe
Fri Sep 07, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: Car Shopping, Seem to lose my Boglehead way each time help!!
Replies: 37
Views: 3019

Re: Car Shopping, Seem to lose my Boglehead way each time help!!

Your eyes are finally opening to the marketing juggernaut that has been grooming you from when you were a child. Zoom zoom. A blossoming adolescent under tented bedcovers breathlessly caressing glossy flashlight-illuminated photos of bright shiny sports cars that offer airbrushed fantasies of riches...
by Cyclesafe
Thu Sep 06, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Selling a newish vehicle yourself, how to do it?
Replies: 61
Views: 3200

Re: Selling a newish vehicle yourself, how to do it?

A first step is to get a quote from CarMax. You know that you'll be able to get this price the moment you decide to pull the trigger. Detail the car carefully, inside and out. As much as possible make it look just like a new car - but cheaper. Collect all of your maintenance records, including a rec...
by Cyclesafe
Thu Sep 06, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: could windshield claim to insurance impact what i pay?
Replies: 14
Views: 829

Re: could windshield claim to insurance impact what i pay?

State Farm volunteered to pick up the cost of my windshield repair. The next year I switched to Auto Club. Several weeks later I got a call from the Auto Club agent wanting to make sure that the "claim" I had made to State Farm the previous year was for a windshield repair for damage from some rando...
by Cyclesafe
Wed Sep 05, 2018 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Purchasing annuity for wife
Replies: 21
Views: 2255

Re: Purchasing annuity for wife

A joint life SPIA complementing social security to cover basic/recurring expenses is a no-brainer as long as the amount annuitized is not a significant percentage of total assets.
by Cyclesafe
Tue Sep 04, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Home-spun Weed Killers
Replies: 21
Views: 1592

Re: Home-spun Weed Killers

The generic for professional grade Roundup is 41% glyphosate. Very cheap these days. Recently glyphosate has come under a cloud. As with any pesticide, read the label and follow application directions fastidiously . Don't get any on your body and don't drink it. Wash your clothes separately from oth...
by Cyclesafe
Tue Sep 04, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: Types of seed for new lawn or sod?
Replies: 24
Views: 1595

Re: Types of seed for new lawn or sod?

As mentioned consult with your county ag service for seed recommendations. Bluegrass is the gold standard for the upper Midwest. A soil test may not really be necessary unless you have reason to believe that your soil is somehow different from the rest of the area. Preparation is everything. If you ...
by Cyclesafe
Tue Sep 04, 2018 8:43 am
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9967

Re: What will you do when you find you have more money than expected?

I'm already managing with the goal of bouncing the last check, but my parsimonious past is preventing me from making much of a dent. The excess will go to charity/taxes as we have no legacy intent beyond insuring that a few close relatives spend their last days in comfort.
by Cyclesafe
Tue Sep 04, 2018 8:25 am
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 6455

Re: Selling a car to CarMax

2001 BMW 330i w/ 54k miles sold in 2015. Dealer trade-in offer: $1200. CarMax offer: $4000. Sold to private party through Auto Trader in two days: $8000. Wow, you did well. Btw, did you buy your replacement car from that dealer ? :shock: Yes. At a 3% discount from MSRP for a car (Macan Turbo) that ...