Search found 1119 matches

by Cyclesafe
Tue May 26, 2020 7:47 am
Forum: Personal Consumer Issues
Topic: Painting the house//estimates and experiences
Replies: 20
Views: 1332

Re: Painting the house//estimates and experiences

Make sure that you get the best paint. Consider eggshell or even semi-gloss for better durability.

The expensive part is labor, so splurge on materials.
by Cyclesafe
Sun May 24, 2020 8:55 am
Forum: Personal Investments
Topic: Annuity
Replies: 11
Views: 861

Re: Annuity

This is what I plan to do with a portion of the variable annuity I was duped into in the late '80's. I'm hopefully going for a joint life annuity at age 80, though. If either of us at age 80 aren't expected to live beyond age 92 (when all payments are mortality credits), we will NOT annuitize. 15 ye...
by Cyclesafe
Sat May 23, 2020 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Approaching 40, worried about financial future
Replies: 109
Views: 10524

Re: Approaching 40, worried about financial future

You are still young enough and you have woken up. You'll be fine if you follow the advice offered here. The economic situation will improve - eventually. In my view, 67% equity is aggressive enough. After the market returns, perhaps re-evaluate your risk tolerance. Don't do anything now. Keep an eye...
by Cyclesafe
Sat May 23, 2020 7:39 am
Forum: Personal Investments
Topic: What do we do with “house” funds if we decide to rent longer term?
Replies: 3
Views: 434

Re: What do we do with “house” funds if we decide to rent longer term?

Interesting dilemma. Brexit and post-covid WFH may depress London real estate. Always dangerous to commit to a prediction, but renting for the time being seems prudent. I certainly wouldn't look back after 10 years (if still renting) and think that based on what I could know now that I made a mistak...
by Cyclesafe
Thu May 21, 2020 9:54 am
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 55
Views: 4065

Re: what to do about 1000s of dandelions/weeds?

You have only two choices. Vinegar doesn't work. Turn your property into a golf course. Broadcast glyphosate to kill all emerged vegetation. Then, regrade your property to optimize drainage. Then, remove debris and amend the soil to about 6 inches, adding whatever products you need to optimize. Then...
by Cyclesafe
Thu May 21, 2020 9:03 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3407

Re: Do you dislike recurring billing for gyms?

I wouldn't let anyone charge my card without permission. Make them earn your business. What if you can't or don't want to go? Life happens. Even a discount wouldn't be enough for me. Credit card companies are fine with reversing charges until they aren't.
by Cyclesafe
Fri May 15, 2020 8:44 am
Forum: Forum Issues and Administration
Topic: sort by thread not post?
Replies: 6
Views: 365

Re: sort by thread not post?

On the overall forum listing page, click on "first" at the top of the column of times/days. Perfect! The retro look of that page had me thinking something was wrong with my browser/css load and I sort of dismissed it. Now that I see that functionality there, I like it! thanks for all your help. -ji...
by Cyclesafe
Thu May 14, 2020 9:11 am
Forum: Forum Issues and Administration
Topic: New bogleheads induction [Request for new subforum]
Replies: 55
Views: 3068

Re: New bogleheads induction

I’ve noticed that the vast majority of new posters on this forum are still convinced regarding market timing and other similar themes. The experienced, long term posters spend a lot of time trying to (often unsuccessfully) teach these newbies. Personally, I’m starting to find it quite tiring. Wonde...
by Cyclesafe
Fri May 08, 2020 9:14 am
Forum: Non-US Investing
Topic: Forecast new COVID wave in Autumn and dollar cost averaging
Replies: 11
Views: 1606

Re: Forecast new COVID wave in Autumn and dollar cost averaging

Market timing. Have an emergency fund sufficient to likely tide you over, then invest according to your risk tolerance. You might get lucky and benefit from your analysis or you might not. My success over the decades of using my superior knowledge to second guess the market has not been consistent. ...
by Cyclesafe
Wed May 06, 2020 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Understanding Adjusted Gross Income
Replies: 24
Views: 1928

Re: Understanding Adjusted Gross Income

When calculating "AGI" one must always consider the purpose it is being calculated for. The definition changes with different applications. It's best to use the appropriate tax form as a guide. The devil in in the details... perhaps you thinking of MAGI? AGI is unique is my understanding. Yes. Don'...
by Cyclesafe
Wed May 06, 2020 8:27 am
Forum: Personal Investments
Topic: pay off mortgage vs. invest in the time of covid
Replies: 19
Views: 2648

Re: pay off mortgage vs. invest in the time of covid

Well, we did it today! Sold the most in 5 minutes that I ever hope to have to sell. My wife and I are elated. Can't wait to send it to the mortgage bank. Rebalancing 401ks and IRAs next. Thanks for the consideration and ideas everyone. Cyclesafe, what do you mean about the increased tax liability o...
by Cyclesafe
Wed May 06, 2020 8:12 am
Forum: Personal Finance (Not Investing)
Topic: "Glide Path" for asset allocation
Replies: 26
Views: 1799

Re: "Glide Path" for asset allocation

I view AA and SOR risk co-equally. I am in decumulation.

I sleep well with an equity allocation of 60% and fixed allocation of 20X+ expenses (including taxes). Fortunately for me, these can be maintained for my 35 year investment horizon, obviating a need for a glide path.
by Cyclesafe
Wed May 06, 2020 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Understanding Adjusted Gross Income
Replies: 24
Views: 1928

Re: Understanding Adjusted Gross Income

When calculating "AGI" one must always consider the purpose it is being calculated for. The definition changes with different applications.

It's best to use the appropriate tax form as a guide. The devil in in the details...
by Cyclesafe
Wed May 06, 2020 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Princess Cruise: Take Cash or Greater Future Credit
Replies: 23
Views: 2091

Re: Princess Cruise: Take Cash or Greater Future Credit

One would have to be extremely lucky to actually get a refund from Carnival (Princess) at this very late date. Best to both apply for the refund and get a file going right now with your credit card company. The latter should be immediately cancelled by you - if by some chance - Carnival comes throug...
by Cyclesafe
Tue May 05, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: September Kenya Travel
Replies: 31
Views: 1803

Re: September Kenya Travel

After, actually if, you fully receive your 90% refund, make a claim to your credit card company for the 10% held back. Try not to agree to a release, but even if you do, you still have the defense of duress . It is impossible for your vendor to hold up their side of the bargain and it doesn't matter...
by Cyclesafe
Mon May 04, 2020 9:09 am
Forum: Personal Consumer Issues
Topic: Steel-framed Residential Entry Doors
Replies: 34
Views: 2373

Re: Steel-framed Residential Entry Doors

Stay away from box stores and their installers. Properly installing a functional door/frame is a very big deal. It needs to exclude others, fit, be water tight, and be attractive. Beware of installers who take shortcuts and can't be found when there are issues years down the road. Selecting a suffic...
by Cyclesafe
Sun May 03, 2020 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Decide on keeping/selling the house
Replies: 23
Views: 2532

Re: Decide on keeping/selling the house

Nearly everyone buying a home in Cali since 1974 thinks they overpaid. When the economy dipped and they feared losing their job, anxiety spiked. And home mortgage rates were crazy, reaching as much as 15% in 1980. Despite this, Cali homeowners have seen their home equity soar. Even in relatively rec...
by Cyclesafe
Fri May 01, 2020 6:51 am
Forum: Personal Investments
Topic: pay off mortgage vs. invest in the time of covid
Replies: 19
Views: 2648

Re: pay off mortgage vs. invest in the time of covid

Plenty of liquidity, ability to rebalance within tax advantaged? Easy decision, IMHO. But OP should understand that his new equity calculation should be adjusted for the increased tax liability of more equity in tax advantaged.
by Cyclesafe
Mon Apr 27, 2020 9:40 pm
Forum: Personal Investments
Topic: Brighthouse Shield Annuity Pitched to Parents - check my work?
Replies: 23
Views: 1533

Re: Brighthouse Shield Annuity Pitched to Parents - check my work?

A SPIA at ages 75 to 80 could make sense if there is a concern about longevity and/or dotage. If they can turn over their finances to someone they trust, the only concern is longevity. If health is an issue and the portfolio is sufficient, don't bother with a SPIA. Be aware that your state may levy ...
by Cyclesafe
Sat Apr 25, 2020 6:22 pm
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 114
Views: 6971

Re: Go or no go on Carnival cruise

Your best bet is to plan not to go but don't cancel as the cruise line may be obligated to offer you a full refund of your deposit if THEY cancel. To date, I've had nearly $13k refunded for April and July departures. Still working on the last couple hundred dollars. I've been working on this since F...
by Cyclesafe
Sat Apr 25, 2020 9:01 am
Forum: Personal Consumer Issues
Topic: DIY Auto Detailing Products
Replies: 29
Views: 1445

Re: DIY Auto Detailing Products

There is something deeply visceral that these companies tap into when marketing these products. It's illustrated by the kid-on-a-stingray-bike ad for Porsche or the Mazda "zoom-zoom" campaign. Bogelheads resist, but many are sucked in anyway. After a career of chemistry and marketing and after a lif...
by Cyclesafe
Sat Apr 25, 2020 8:02 am
Forum: Personal Investments
Topic: May have to spend ENTIRE taxable account. Sell all stocks?
Replies: 20
Views: 3310

Re: May have to spend ENTIRE taxable account. Sell all stocks?

At 30/70 you're already conservative to a fault - even if you're thinking you might be squeezed for cash flow within the next 5 years. You've been doing everything right (for you) to this point and you are in what many might say is an enviable position with a relatively low exposure to the market. P...
by Cyclesafe
Sat Apr 25, 2020 7:51 am
Forum: Personal Investments
Topic: Rethinking annuities with a strong portfolio
Replies: 30
Views: 1362

Re: Rethinking annuities with a strong portfolio

The longer you can hold out annuitizing the better. You'll know better your likelihood of survival to age 92 or above (this is about how long the IRS thinks you'll survive if you annuitize from age 80 - imputed from the tables in Pub 939) and/or whether you can trust yourself or your fiduciaries dur...
by Cyclesafe
Sat Apr 25, 2020 7:22 am
Forum: Personal Consumer Issues
Topic: Unable to Order Work Out Equipment
Replies: 45
Views: 3357

Re: Unable to Order Work Out Equipment

Make it easy for folks who have a "home gym" but rarely use it. For example I have a barely used Precor 9.41s full-sized treadmill and a Vectra On-Line 1800 3-station weight machine here in So Cali. Both are heavy and only the latter can be disassembled. I would be happy to just get my money back, b...
by Cyclesafe
Mon Apr 20, 2020 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Laid off!!
Replies: 71
Views: 10156

Re: Laid off!!

OP is at the first stages of grief. The quicker he/she gets through the process, the sooner he can project an employable demeanor. Perhaps it might be helpful to vent with one of the many free employment counselling services available. Families can only help to a very limited extent as they have the...
by Cyclesafe
Mon Apr 20, 2020 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Pre-Layoff: Work doubly hard to be untouchable or Start practicing for interviews?
Replies: 56
Views: 5632

Re: Pre-Layoff: Work doubly hard to be untouchable or Start practicing for interviews?

No one knows your details more than you. I've been laid off twice and prior to both times I was in the double down mode. Didn't work for me. Might work for you. I would say, however, that if you are "rusty", you are vulnerable. Just as with lifelong management of obesity, high blood pressure, diabet...
by Cyclesafe
Sun Apr 19, 2020 7:46 am
Forum: Personal Consumer Issues
Topic: COVID-19: When is it safe to travel?
Replies: 9
Views: 998

Re: COVID-19: When is it safe to travel?

Several points. IF there's an effective vaccine, it won't be identified, developed, distributed, and become biologically effective in recipients for 12-18 months. Probably longer. Maybe much longer, maybe never. Second waves of infection, common in other uncontrolled epidemics in the past and fears ...
by Cyclesafe
Sat Apr 11, 2020 7:54 am
Forum: Personal Consumer Issues
Topic: Bug help
Replies: 3
Views: 526

Re: Bug help

Have you considered a bug zapper? This would only work, of course, if the bugs were attracted (at night) to the light. I saw the pictures before you took them down. Although I also live in So Cal and have been an amateur bug person all my life, I can't ID them. They don't look like the biting variet...
by Cyclesafe
Fri Apr 10, 2020 7:18 am
Forum: Personal Investments
Topic: Modifying my AA during--but not due to--the downturn?
Replies: 6
Views: 324

Re: Modifying my AA during--but not due to--the downturn?

IMHO one should face the music. Unless TLH'ing or needing cash, one mustn't sell equity until the market recovers. This might take a few years, but despite the recent volatility, nothing has changed. The economy will continue to grow - just not in the way one imagined. New contributions, however, sh...
by Cyclesafe
Thu Apr 09, 2020 11:16 am
Forum: Personal Consumer Issues
Topic: Haven't filled up my car in over a month - any issues?
Replies: 11
Views: 1177

Re: Haven't filled up my car in over a month - any issues?

Consider a trickle charger to maintain your battery. Just set it and forget it. CTEK makes the better ones.
by Cyclesafe
Thu Apr 09, 2020 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Feeling stuck in career - what did you do to "unstuck" yourself?
Replies: 41
Views: 3682

Re: Feeling stuck in career - what did you do to "unstuck" yourself?

No matter what, everyone benefits from being fit. No matter how successful one is, health and longevity must play a dominant role. Congratulations. Your path has not yet revealed itself to you. My path was minor corporate minion until I was 35 when I got lucky. Sounds like you have done ALL of the r...
by Cyclesafe
Sun Apr 05, 2020 7:39 am
Forum: Personal Investments
Topic: Why Do So Many Recommend 70% - 100% Stocks?
Replies: 167
Views: 9513

Re: Why Do So Many Recommend 70% - 100% Stocks?

For something a little different, I would like to offer the following: In 1980, my Fortune 500 company coerced all employees to authorize paycheck withholding to purchase Series EE savings bonds and publicly shamed those, like me, who resisted. In March 1980, 6 month CD's were paying nearly 18%, and...
by Cyclesafe
Sat Apr 04, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Europe Vacation, Corona, and Travel Insurance
Replies: 20
Views: 1574

Re: Europe Vacation, Corona, and Travel Insurance

OP, until the virus burns out and there is a vaccine distributed, one should remain where medical treatment is feasible. No one will welcome a stranger drawing on scarce resources. We acted from February to cancel trips to Italy in April and Peru in June. We were pooh-poohed by vendors until things ...
by Cyclesafe
Wed Apr 01, 2020 7:03 am
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 18955

Re: Is the coming pain really "priced in"?

This uncertainty is reflected in violent market volatility. Each new piece of (credible and incredible) information encourages the different camps of investors to act. If a large enough camp strongly believes - based on the new information - that the market isn't reflective, they will drive equities...
by Cyclesafe
Wed Apr 01, 2020 6:42 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe - "What If I've Over Estimated My Tolerance For Risk?"
Replies: 43
Views: 5311

Re: Larry Swedroe - "What If I've Over Estimated My Tolerance For Risk?"

As generally in life, one must bear the consequences of one's actions. If one chose 100% stocks, unless one now chooses to take a substantial loss - forever - one is stuck with the consequences. Disparage this as "anchoring" if one will, but the reasons one went full Monty to begin with haven't chan...
by Cyclesafe
Wed Apr 01, 2020 6:25 am
Forum: Personal Investments
Topic: Withholding trick for non-qualified annuity distributions?
Replies: 6
Views: 304

Re: Withholding trick for non-qualified annuity distributions?

Don't have an answer, but one must bear in mind that liquidating further possibly depreciated assets to pay a fixed tax obligation incurred from a distribution earlier in the year is kinda risky. Having the funds for the interim to invest profitably works only in a certain bull market. IMHO, this is...
by Cyclesafe
Tue Mar 31, 2020 8:14 am
Forum: Personal Investments
Topic: Probability of V shaped Rebound in Stocks
Replies: 82
Views: 7643

Re: Probability of V shaped Rebound in Stocks

Zero chance of a V. The virus will kill those who it will kill and spare those who it will spare, hopefully leaving the latter with meaningful immunity. Those who've recovered (a la Wuhan today) or much better yet with positive antibody test results (from prior exposure or a future vaccine) will be ...
by Cyclesafe
Tue Mar 31, 2020 7:47 am
Forum: Investing - Theory, News & General
Topic: I thought I had it all figured out....advice please
Replies: 42
Views: 5294

Re: I thought I had it all figured out....advice please

By nature, we seek control and we so we solve problems that make us feel we are gaining control. But we're not. In analysis we are extrapolating or normalizing the past and making unknowable and changeable assumptions about the future. Or we buffer ourselves from this reality by paying somebody else...
by Cyclesafe
Tue Mar 31, 2020 6:40 am
Forum: Personal Investments
Topic: Time to Adjust Asset Location (WCI fans)
Replies: 10
Views: 865

Re: Time to Adjust Asset Location (WCI fans)

Before you do this, have you considered the long-term impact on your taxable income when you retire or reach RMD age? Often left off this kind of analysis is that putting too much high-return assets in a tax-deferred account can actually backfire as it results in more taxable ordinary income than c...
by Cyclesafe
Sun Mar 29, 2020 7:02 am
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 2964

Re: Trip Cancelled-No Trip Insurance

Our provider was maintaining that "their local people" saw all "amenities" (like restaurants, markets, and hospitals) operating normally up to March 11, when the hammer fell in Italy. We had been pushing for several weeks that it was impossible for them to perform and that specifically we were not c...
by Cyclesafe
Sat Mar 28, 2020 8:06 am
Forum: Investing - Theory, News & General
Topic: Coronavirus Question of the Day (possibly a dumb one)
Replies: 14
Views: 1825

Re: Coronavirus Question of the Day (possibly a dumb one)

Hope for the best. Plan for the worst. IMHO.... Well, my opinion just doesn't matter. Stay home and wash your hands.
by Cyclesafe
Fri Mar 27, 2020 4:40 pm
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 109
Views: 9112

Re: Any Airlines Issuing Actual Refunds

After British Airways cancelled their 4/15 flights from US to Heathrow to Pisa we got a full round trip refund. Before they cancelled, however, we got frequent offers of them waiving transfer fees to other flights within 12 months of original ticket payment, but only in exchange for vouchers . This ...
by Cyclesafe
Thu Mar 26, 2020 7:03 pm
Forum: Personal Investments
Topic: When does allocation actually matter?
Replies: 16
Views: 1191

Re: When does allocation actually matter?

No matter what the total value of one's portfolio, one doesn't want to worry about it. At 30 you have lots of time and many would recommend 100% equity. If you would be panicked to sell if your portfolio drops 50%, then you are not a candidate for 100% equity - no matter how old you are. Picking an ...
by Cyclesafe
Thu Mar 26, 2020 1:35 pm
Forum: Investing - Theory, News & General
Topic: So, Where Are You *Back* To in Time? (And Were You Happy Then?)
Replies: 63
Views: 3791

Re: So, Where Are You *Back* To in Time? (And Were You Happy Then?)

1/31/2017

Happy then, resigned now.

BTW, this is an excellent way to keep things in perspective.....
by Cyclesafe
Tue Mar 24, 2020 3:32 pm
Forum: Personal Consumer Issues
Topic: Ants ... should we keep going or change tactics
Replies: 36
Views: 2299

Re: Ants ... should we keep going or change tactics

Now spray the periphery of your home dousing 2 ft of soil and two feet of foundation now that you've killed the ants in your house. Use Ortho Home Defense. Repeat every spring.
by Cyclesafe
Tue Mar 24, 2020 3:27 pm
Forum: Personal Investments
Topic: var annuity below pre tefra cost basis
Replies: 4
Views: 181

Re: var annuity below pre tefra cost basis

Silver lining...
by Cyclesafe
Tue Mar 24, 2020 7:35 am
Forum: Personal Investments
Topic: Thread: It’s your First recession (or not) and you’re staying the course
Replies: 65
Views: 3665

Re: Thread: It’s your First recession (or not) and you’re staying the course

WCI articulated it well recently on this forum. If things don't come back, we'll have worse things to worry about. It simply won't matter what we do now. Equals calm. Only lost 20% total. Expect to lose more. Not buying equities in favor of maintaining my retirement cushion.
by Cyclesafe
Tue Mar 24, 2020 7:27 am
Forum: Personal Investments
Topic: Annuities
Replies: 18
Views: 1133

Re: Annuities

<snip...> I know the fees are usually real high where do the insurance companies get the return to guaranty 4% or so? The quotes you see on https://www.immediateannuities.com/ include the interest plus the return of principal (premium paid). ...plus the return of principal that other people have pa...
by Cyclesafe
Mon Mar 23, 2020 8:03 am
Forum: Personal Investments
Topic: Recently retired, should I protect equity and sell?
Replies: 20
Views: 2281

Re: Recently retired, should I protect equity and sell?

OP, your position is awesome. You've made all the right calls. Congratulations.

Don't sell equities for the duration. Your expenses will drop since you now have fewer ways to spend money.
by Cyclesafe
Mon Mar 23, 2020 7:52 am
Forum: Personal Investments
Topic: Annuities
Replies: 18
Views: 1133

Re: Annuities

One can approximate the actual return of an annuity with Excel's IRR (internal rate of return) function. The way I did it was to lay out and enter periodic payments for the annuity's term (as a negative), then plug in estimated IRR's until the PV (present value) of the IRR function matched what I ha...