Search found 92 matches

by calmaniac
Wed Jan 09, 2019 7:41 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5247

Re: BHers, what is your Roth IRA %?

Inheritance, I guess. One thought, if at some point you have grandchildren of sufficient age (≥18y?) for whom you have a good sense will not blow the money, make them beneficiaries of some of that Roth account. Since their RMD will be based on their life expectancy, this allows the Roth to continue...
by calmaniac
Wed Jan 09, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7267

Re: Is buying a $700K first home crazy?

What IS you and your wife's commute?

I would also think about you time, which ultimately is worth more than money. If your commute is ≥20 minutes, can you shorten it with this move?

Clearly, you can afford the $700k house.
by calmaniac
Wed Jan 09, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5247

Re: BHers, what is your Roth IRA %?

My question is: is there an ideal % for the tax deferred balance when RMD starts in 10 years? P.S. we don't plan to use the money for retirement, since we have pensions, etc. to cover our living costs and taxes. infotrader, what is your goal in having a Roth IRA? You note you don't plan to use the ...
by calmaniac
Tue Jan 08, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Need a little insight from STEM Bogleheads
Replies: 59
Views: 2668

Re: Need a little insight from STEM Bogleheads

Nate79 wrote:
Tue Jan 08, 2019 11:19 am
Sounds like she needs to read some Dave Ramsey books/Financial Peace University/podcasts.
+1

She is 7 years working full time and still $135k in debt?? She needs to learn about budgeting.
by calmaniac
Tue Jan 08, 2019 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Military Retirement = Treasury Inflation Protected Security (TIPS)? Does this change the way I allocate?
Replies: 20
Views: 1303

Re: Military Retirement = Treasury Inflation Protected Security (TIPS)? Does this change the way I allocate?

You did not mention having a TSP account. If you have one, consider putting much/most/all of your bond allocation in the G Fund. Just seconding TierArtz's comment about the G Fund. My TSP is 100% G Fund. Another great resource for this is Early Retirement Now. ERN has a 28 part series on safe withd...
by calmaniac
Mon Jan 07, 2019 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Military Retirement = Treasury Inflation Protected Security (TIPS)? Does this change the way I allocate?
Replies: 20
Views: 1303

Re: Military Retirement = Treasury Inflation Protected Security (TIPS)? Does this change the way I allocate?

First of all, congrats on your retirement ! I am 3.5 years into my military retirement and am also still working. In retirement one has to think first about cash flow, not about present value (TIPS or some calculated present value of the pension). When you stop working what will be the gap between ...
by calmaniac
Wed Jan 02, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Black licorice fans - suggestions?
Replies: 29
Views: 1440

Re: Black licorice fans - suggestions?

Amarelli , an Italian licorice manufacturer. Sold mail order , Amazon, and some specialty stores, such as Eataly (NY, Chicago, LA). I like the rombetti (diamond shaped). Most people find them too intense. I love them. Not sweetened. Note: real (black) licorice contains glycyrrhizin, which in large ...
by calmaniac
Mon Dec 17, 2018 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: The 4% rule
Replies: 71
Views: 6539

Re: The 4% rule

The 4% "rule" is a useful approximation, but is not a law of physics. You have pointed out what is called "sequence of returns risk". I could not find a Bogleheads Wiki for precisely that, but here are a couple of Wiki pages that are applicable: Models of spending as retirement progresses Budget mod...
by calmaniac
Wed Dec 12, 2018 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Converting portfolio from equities to 3-fund
Replies: 8
Views: 838

Re: Converting portfolio from equities to 3-fund

You are lucky these are in a 401k. I have a bunch of 25 year old Microsoft and Apple stock that I'd love to move into index funds, but am going at a slow pace to keep my income below where it triggers a higher cap gains tax rate. Given that you are already in equities and those 40 U.S. stocks are go...
by calmaniac
Mon Dec 10, 2018 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: In this case, should I be 100% stocks?
Replies: 13
Views: 1883

Re: In this case, should I be 100% stocks?

tomwood, I second what others have posted about risk tolerance. Yes, many would agree that having a pension allows one an income source in retirement, thus partially mitigating the need for as much fixed income/bonds. What is your age? That is a critical variable in regard to asset allocation. The i...
by calmaniac
Fri Dec 07, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 8625

Re: Solid my entire portfolio 12/3/18

I sold all my mutual funds because my portfolio was scattered with little rhyme nor reason. It had worked well over the years, but now that retirement is close I need something with a sensible game plan. I reinvested yesterday with my 50/50 aa. Off I go and I am not looking back. Thanks for the opi...
by calmaniac
Fri Dec 07, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 8625

Re: Solid my entire portfolio 12/3/18

Actually, rather than ""solid" your portfolio, I think you "liquid" your portfolio. :)

Question: What kind of capital gains did you have? If I sold off my entire portfolio, the capital gains I have in Apple and Microsoft stock from the 1990's would be a huge tax hit.
by calmaniac
Sun Dec 02, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Advice For My Age Update
Replies: 7
Views: 1203

Re: Advice For My Age Update

Your age is ≈31. Correct? I'd want to know what is your asset allocation? What investment are in your TSP, Roth IRA, and brokerage account? You have a 60 year investment time horizon, which is an amazing asset in and of itself. When I was that age I was 100% equities, which may be Boglehead heterodo...
by calmaniac
Thu Nov 29, 2018 9:48 pm
Forum: Personal Consumer Issues
Topic: Cremation seminar – with complimentary lunch
Replies: 86
Views: 6453

Re: Cremation seminar – with complimentary lunch

I arranged both of my parents' cremations in Los Angeles, most recent in 2017. Both were $650, including pickup of the body from the home, delivery to cremation facility, cremation, plastic container (not urn). I guess there is a lot competition in LA driving down prices.
by calmaniac
Tue Nov 27, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: First Crypto ETF Index Fund launched!!! $HODL
Replies: 73
Views: 6661

Re: First Crypto ETF Index Fund launched!!! $HODL

This is also not speculation. It's buy-and-hold. Like for decades... hence needed a somewhat diversified crypto fund as opposed to just BTC. AndroAsc, I'm sorry you are too young and missed the dotcom bubble. Hopefully your crypto experience is better than my "buy and hold" with JDS Uniphase, Level...
by calmaniac
Wed Nov 21, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: Remote temperature monitoring
Replies: 24
Views: 2243

Re: Remote temperature monitoring

La Crosse Technology has a number of products that may fit your needs. I have used their wireless temperature monitor (non-Wifi) for 20 years and have only good things to say. They have a Temperature and Humidity Monitor that pairs up with Wifi and a smart phone app. You can check the app anywhere f...
by calmaniac
Sun Nov 11, 2018 10:55 pm
Forum: Personal Consumer Issues
Topic: Can you suggest where to live if work at UCLA
Replies: 40
Views: 3213

Re: Can you suggest where to live if work at UCLA

Is it just you or do you have a family? How much house are you hoping to buy and how much are you able to pay? How many minutes per day do you have for commuting time? I grew up about a mile from UCLA. To give you a sense of costs, my parents recently sold their tear-down house in Westwood on 1/4 ac...
by calmaniac
Thu Nov 08, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security as a percentage of portfolio
Replies: 14
Views: 1640

Re: Social Security as a percentage of portfolio

I just wanted to chime in that longevity seems to be, rather surprisingly, not very heritable. That is, the age to which your parents lived has less predictive value about your life expectancy than one might think. Please provide data for your statement above. This recent review notes that although...
by calmaniac
Thu Nov 08, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security as a percentage of portfolio
Replies: 14
Views: 1640

Re: Social Security as a percentage of portfolio

The calculation you want is not how much your SS contributes to your net worth, it is how much does does net worth contribute to your cash flow. During the accumulation phase (working years) one focuses on net worth. However, in retirement the more important metric is cash flow. Who cares how much m...
by calmaniac
Wed Oct 31, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Diagnosed Non-curable Cancer -- what now?
Replies: 54
Views: 10475

Re: Spouse Diagnosed Non-curable Cancer -- what now?

Wow, sorry to hear this news. I am buoyed by your very thoughtful assessment of the situation. Most people could not organize such an analysis on a good day, let alone if their life partner was recently diagnosed with a potentially life-altering disease! 1. Agree with second opinion at major center ...
by calmaniac
Wed Oct 24, 2018 9:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10073
Views: 1782672

Re: U.S. stocks in freefall

finite_difference wrote:
Wed Oct 24, 2018 9:23 pm
“The best time to plant a tree was 20 years ago. The second best time is today.” - Chinese proverb
Love it! I have had that thought so many times, but never expressed so eloquently. Brilliant.
by calmaniac
Sun Oct 21, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5715

Re: 8 reasons why pensions are [good]

lws6772 wrote:
Sun Oct 21, 2018 7:59 pm
9. It's another source of income for many folks that would/could never save/invest on their own.
True 'nuff. People often take loans or early withdrawal from their 401k, which kinda' defeats the purpose.
by calmaniac
Sun Oct 21, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5715

Re: 8 reasons why pensions are [good]

[ quoted post and response removed by admin LadyGeek] The main point of my original posting, which clearly was lost to almost every reader, was that in addition to the obvious monetary benefits, there are other beneficial impacts, particularly items #4-6 in the original post. Thanks to tarmangani a...
by calmaniac
Sun Oct 21, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5715

Re: 8 reasons why pensions are [good]

ResearchMed wrote:
Sun Oct 21, 2018 10:13 am

Is [good --admin LadyGeek] the word you really want to use here??
Clickbait. I'm guilty as charged.
by calmaniac
Sun Oct 21, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5715

Re: 8 reasons why pensions are [good]

Easiest two would be you made A LOT less in retirement then you could if you invested the way you wanted for the last 40 years which had the greatest bull markets in stocks, bonds, and real estate history. Second is No money for heirs. The greatest advantage of being an American (good or bad) is th...
by calmaniac
Sun Oct 21, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5715

8 reasons why pensions are [good]

Many years ago, when I joined the U.S. Public Health Service, I know there were good things about a “gov’t pension”, but after taking my retirement a few years back and I have come to appreciate that a pension provides many benefits I did not anticipate. I’ve made a list of all of the potential bene...
by calmaniac
Tue Sep 25, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Which type of Primary Care Physician?
Replies: 54
Views: 4277

Re: Which type of Primary Care Physician?

My experience is that internal medicine doctors really like to deal with arteries, blood pressure, and things like that. They will phone in prescriptions for sore throats and pretty much refer you to another doctor for anything else. Basically, you won't need to see your internal medicine physician...
by calmaniac
Tue Sep 25, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: When do you need a hearing aid
Replies: 50
Views: 3496

Re: When do you need a hearing aid

I believe that when you are tired of saying “pardon me, what, huh, or what did they say”, or asking someone to tell you what was just said on tv, you will know when it’s time to buy. I just got tired of hearing only 80% - 90% of a conversations, and trying to guess what I missed. I agree with Brad,...
by calmaniac
Fri Sep 21, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap tilt
Replies: 87
Views: 6555

Re: Small cap tilt

Paul Merriman has written persuasively and evangelically about small cap value and provided what to me appear to be convincing numbers. Of course, past performance is not predictive of the future, but the analysis on his website by Jeff Mattice going back to 1928 is impressive: https://paulmerriman....
by calmaniac
Wed Sep 19, 2018 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Another mortgage repayment thread..
Replies: 30
Views: 2395

Re: Another mortgage repayment thread..

Need more info to provide guidance. Can't make decisions in a vacuum.

How old are you? How far from retirement or pulling back on work? What % of the $220k do you save a year.
by calmaniac
Thu Sep 13, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Determining when to take Social Security if you don’t need the money
Replies: 21
Views: 1864

Re: Determining when to take Social Security if you don’t need the money

As usual, grabiner's analysis is on the mark. OP notes "we do not intend on needing Social Security for our living expenses" and further "(we) intend to leave a legacy to our family". My understanding is that they want to maximize the payout that will go to their family. Unless there are issues with...
by calmaniac
Sat Sep 01, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Stocks in a 401k is a bad idea, right?
Replies: 43
Views: 5771

Re: Stocks in a 401k is a bad idea, right?

Another negative aspect of owning individual stocks in a 401k or IRA is that if you can't use a loss to offset capital gains in other non-deferred accounts.
by calmaniac
Fri Aug 10, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: 10 year check up, look back and look forward to retirement
Replies: 13
Views: 1469

Re: 10 year check up, look back and look forward to retirement

.... SS at 62 as an additional option. It would be helpful to know what your wife's age is relative to yours. IF you do not need the SS money to manage from age 62-70, there is a good case to be made for waiting until age 70. Around age 80 is the breakeven point where the advantage of taking a larg...
by calmaniac
Thu Jul 12, 2018 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 128
Views: 8585

Re: Whole Life - We're doing it. What to look for?

Quotes below selectively clipped and bolded for emphasis: The "issue": We are currently in a situation in which close family (who are financially secure) had their world turned upside down by an unexpected loss. If a fictitious disinterested party reviewed their finances, they would (probably) also ...
by calmaniac
Wed Jun 13, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5926

Re: Rowing machine motivation

eagleeyes wrote:
Fri Jun 08, 2018 10:25 pm
So I bought a concept 2 rowing machine. It’s awesome. But I can’t seem to last longer than 5 minutes on it.
Methamphetamine? [Joke]

I find indoor exercise inherently boring. Some people love it. The secret was to find something you love to do.
by calmaniac
Wed Jun 13, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 3041

Re: Trade-up my $89 Walmart bike

Lifelong cyclist. If you are using the bike as much as you indicate it is well worth the $600-$700. Lord knows I've spent 10x that on a bike without regret. 1. Agree with comments on not getting a bike with shocks. You are not riding bumpy terrain, so that is just dead weight and added $$. 2. Agree ...
by calmaniac
Wed Jun 06, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: Sacramento Home Owners - House Areas/Questions
Replies: 16
Views: 2207

Re: Sacramento Home Owners - House Areas/Questions

HardHitter wrote:
Wed Jun 06, 2018 8:30 am
Anything else we should know about Sacramento?
Google "Sacramento" and "flooding". Pretty sobering, huh? Some areas of the city are at much greater risk than others.
by calmaniac
Sun Jun 03, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 15585

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

TheNightsToCome, First of all I want to commend you for your ernest responses to the many posts. I have not seen any postings asking why you want to go into law. Is there a specific aspect of law you want to work in? I left an academic medical career and joined a start up biopharma company at age 58...
by calmaniac
Sun May 06, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Fund/Funds for retired person who doesnt rely on the money
Replies: 12
Views: 854

Re: Fund/Funds for retired person who doesnt rely on the money

JonC, I would use your best judgement. A lot of it depends on your step-father's investing sophistication and openness to input. He may be very appreciative of your thoughtful discussion. My father got taken to the cleaners for several years by a "reputable" advisor running a fund of funds. Each fun...
by calmaniac
Thu Apr 19, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security retirement and working
Replies: 5
Views: 1075

Re: Social Security retirement and working

I am 64 and just filed for SS retirement. I plan on still working.... It may be water under the bridge, but why are you taking Social Security at age 64 if you are working and have a source of income already? Every year you defer Social Security until age 70 (or thereabouts) you will increase your ...
by calmaniac
Mon Mar 26, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking about capitulating on house
Replies: 34
Views: 4768

Re: Thinking about capitulating on house

I heard Andy Hill, who was a guest on the ChooseFI podcast this morning, go through a similar situation that he found himself in about 10 years ago at age 22, or thereabouts. He got a roommate for a few years and then got married, etc. and has paid off his entire mortgage by age ≈34. I thought he ha...
by calmaniac
Sun Feb 25, 2018 10:23 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 10744

Re: Blasphemy... DO PEEK!

I have better things to do with my time and mental bandwidth than to look at my stocks every day. Monthly maybe, quarterly OK, but daily? Life is too precious to waste the time.
by calmaniac
Sun Jan 21, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 82
Views: 6800

Re: Should I buy a business or suck it up at a job(s) with a pension.

This is one of the most amazing B'head strings I've seen. To be honest, there have been so many thoughtful postings, including from VINNY the OP, that I don't have much to add. Except...considering the financial benefits of staying in the force, maybe its worth spending a bit of money on making your...
by calmaniac
Wed Jan 10, 2018 7:02 pm
Forum: Personal Consumer Issues
Topic: Help choosing a hatchback- civic, golf, prius and Volvo V60
Replies: 40
Views: 2869

Love my Prius V

I love my Prius V.

It's not as big as a real SUV, but enough room for 2 strollers. If I put down the back seats, I can fit a couple of bikes in the back. If mileage and carbon footprint are an issue, this is a great choice. If they want maximum room and acceleration, look elsewhere.
by calmaniac
Wed Dec 27, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: How can I obtain compensation data?
Replies: 41
Views: 5021

Re: How can I obtain compensation data?

When I moved from academia into Biotech, I needed a way to understand what salary I should expect. I was lucky to have a friend who is a CEO of a small company and he got me the Radford data for my position (Senior Director). When I was negotiating my salary, I asked my prospective boss how the prop...
by calmaniac
Tue Dec 05, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 214
Views: 29905

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

“Never trust anything that can think for itself if you can’t see where it keeps its brain.”

— Arthur Weasley, Harry Potter and the Chamber of Secrets

Applies to Bitcoin as well.
by calmaniac
Mon Oct 23, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 37139

Re: Does anyone here with net worths north of $1 mil use financial advisors?

I also pay or have a commission relationship with a seller's RE, a buyer's RE, a Medicare broker, legal advisor, and a CPA. I also pay a neighbor for his time and farm equipment. YMMV I also use a RE agent who only gets paid when a transaction of my approval gets completed I use legal advice when n...
by calmaniac
Wed Oct 18, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: How best to sell lot zoned for apartment?
Replies: 8
Views: 1102

Re: How best to sell lot zoned for apartment?

Some great ideas, thanks! I will contact the owner next door to see if they are interested in selling.
by calmaniac
Mon Oct 16, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: How best to sell lot zoned for apartment?
Replies: 8
Views: 1102

How best to sell lot zoned for apartment?

As the executor of an estate I will be selling a 1/4 acre vacant land located in a residential neighborhood in the central part of Los Angeles. The lot is zoned R3, which allows a multiunit apartment building. The owner recently passed away, so the cost basis is the current value. The property is ap...
by calmaniac
Fri Sep 08, 2017 5:05 pm
Forum: Personal Consumer Issues
Topic: Sport Rx Glasses (for Mountain Biking)
Replies: 9
Views: 1342

Re: Sport Rx Glasses (for Mountain Biking)

Sportrx is great! I've used them for the past 4-5 years and I've been impressed by the customer service, quality of advice and quality of the product. All at a fair price. For road cycling I bought a pair of Oakley's with prescription Transitions lenses. I love Transitions as they are the perfect le...