Search found 293 matches

by calmaniac
Thu Jul 02, 2020 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: What are you paying for umbrella insurance?
Replies: 36
Views: 1932

Re: What are you paying for umbrella insurance?

2 adults, 2 cars, living in Maryland outside of DC.

$3MM umbrella policy for $500/year with USAA.

[Require auto & house with same]
by calmaniac
Fri Jun 19, 2020 8:36 pm
Forum: Personal Investments
Topic: Help with husband's pension
Replies: 25
Views: 2284

Re: Help with husband's pension

My husband wants to take social security before 70 because he wants it now to spend/invest. He knows financially it's "better" to wait. I know it affects me too as in the lesser spousal ss. Wow, the one option that is a no-brainer in this case is: • Take the lump sum and... • Use it to defer Social...
by calmaniac
Tue Jun 16, 2020 6:55 pm
Forum: Personal Investments
Topic: AA when pension and SS cover expenses? Retirement planning??
Replies: 23
Views: 1599

Re: AA when pension and SS cover expenses? Retirement planning??

First of all, congratulations to Jim, the OP, & his DW. Job well done! I am presently working full time civilian with military retirement from 30 years of service. We are in a similar position, with a bit higher pension income, expenses, and balances. After I retire from full time work (2021??), I p...
by calmaniac
Tue Jun 09, 2020 8:15 pm
Forum: Personal Consumer Issues
Topic: New iPhone now or wait for 12 and backup question
Replies: 26
Views: 1591

Re: New iPhone now or wait for 12 and backup question

MacRumors Buyer's Guide says "Caution Approaching End of Cycle" for the iPhone 11. I have the iPhone 10XR and was very doubtful about the Face ID when I bought it. It works great! Even in the dark in the middle of the night. I'm also thinking about the iPhone 12. It will be the first iPhone that I'...
by calmaniac
Tue Jun 02, 2020 3:12 pm
Forum: Personal Consumer Issues
Topic: The Pros and Cons of sitting on an iPhone 11 Pro
Replies: 41
Views: 3157

Re: The Pros and Cons of sitting on an iPhone 11 Pro

Being out of touch with any Facetube or instatwit, I told my 23 year old about this question. Apparently, it's a big deal on instagram to sit on your 11 and fold it up. Then you rage against Apple. There is apparently an actual name to this....bendgate. Google "Bendgate" and you will see it refers ...
by calmaniac
Tue Jun 02, 2020 2:39 pm
Forum: Personal Consumer Issues
Topic: The Pros and Cons of sitting on an iPhone 11 Pro
Replies: 41
Views: 3157

Re: The Pros and Cons of sitting on an iPhone 11 Pro

A doctor shared With me that studies have shown a higher incidence of prostate cancer for men that carry a phone in front pocket. I’d rather damage a phone than my body. Can always replace a phone. I just did a Pubmed database search for the terms (mobile+phone+prostate+cancer) and got 35 medical j...
by calmaniac
Wed May 27, 2020 8:55 pm
Forum: Personal Investments
Topic: If not 3 fund, whats your strategy ?
Replies: 66
Views: 4373

Re: If not 3 fund, whats your strategy ?

5 funds:
• S&P 500
• Small cap value/value
• International LG CAP
• Emerging markets
• Short/medium term US bonds

See allocation in signature block.

It seems likely that we will not need most of it, so investing for the long term for legacy giving.
by calmaniac
Tue May 26, 2020 9:09 pm
Forum: Personal Investments
Topic: Private Investing?
Replies: 12
Views: 969

Re: Private Investing?

What is the status of the privately held company? Start-up? The company I work for is a private equity start-up. I get part of my compensation in equity. Given the probabilistic nature of the company's success and hence the stock valuation, I do not consider it in my net worth. [But hope to be able ...
by calmaniac
Fri May 22, 2020 10:29 am
Forum: Personal Investments
Topic: Can retirement be this simple?
Replies: 31
Views: 4410

Re: Can retirement be this simple?

I know it's not part of your question, but why did you role over your pension into a lump sum?
by calmaniac
Mon May 18, 2020 1:14 pm
Forum: Investing - Theory, News & General
Topic: Social Security is an asset....yet again
Replies: 129
Views: 5825

Re: Social Security is an asset....yet again

Amen, Hallelujah!

Had the exact same thought when I read that over the weekend.
by calmaniac
Tue Apr 21, 2020 1:34 pm
Forum: Personal Consumer Issues
Topic: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three to
Replies: 131
Views: 6371

Re: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three

We have the Camry hybrid and really like it. Good car for long trips.

If you have use for a hatchback, consider the Prius.
by calmaniac
Mon Apr 20, 2020 10:33 am
Forum: Personal Investments
Topic: Disappointed with Vanguard service. Better options?
Replies: 66
Views: 5840

Re: Disappointed with Vanguard service. Better options?

I managed the disbursement of my parent's trust and 401k (all at Schwab) to 4 siblings and and 4 nieces. Schwab appointed a single individual in their estate department who coordinated all of the paperwork and other moving parts. Very smooth.
by calmaniac
Mon Apr 20, 2020 8:19 am
Forum: Personal Investments
Topic: Our Retirement Plan vs Financial Advisor Plan - Thoughts?
Replies: 60
Views: 4262

Re: Our Retirement Plan vs Financial Advisor Plan - Thoughts?

I'd be interested on the credentials of your TIAA financial advisor. Good luck!! Interesting! I'm happy to say he does have CFP. Looks like he is CFP®, CLU®, and ChFC®. Not sure what those all mean.. Have you given her a copy of "Boglehead's Guide to Investing" or any book by Jack Bogle yet? She sh...
by calmaniac
Sun Apr 19, 2020 9:14 pm
Forum: Personal Investments
Topic: Our Retirement Plan vs Financial Advisor Plan - Thoughts?
Replies: 60
Views: 4262

Re: Our Retirement Plan vs Financial Advisor Plan - Thoughts?

My sister has a TIAA Portfolio Advisor that charges a 0.7% AUM fee. The advisor produces an overly complicated portfolio with like 20 ETFs in every account (taxable, IRA, inherited IRA, etc.). Top it off, the advisor has no CFP or similar credentials, just the FINRA series 63 exam, which is a joke. ...
by calmaniac
Sat Apr 18, 2020 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Parent is working grueling job, considering retiring just a few years before pension. How else can I help her decide?
Replies: 50
Views: 3551

Re: Parent is working grueling job, considering retiring just a few years before pension. How else can I help her decide

She wants to do her house yard work and do her other projects, she's very sleepy and not getting enough sleep, daily tasks are becoming a bit harder for her, never enough time, etc... etc... I think the night shifts aren't great for old folks. She may also be depressed or feeling isolated from the ...
by calmaniac
Thu Apr 16, 2020 8:04 pm
Forum: Investing - Theory, News & General
Topic: Chances of no recession in 2020
Replies: 17
Views: 2619

Re: Chances of no recession in 2020

Chances of no recession in 2020?

Zero %
by calmaniac
Thu Apr 16, 2020 7:14 am
Forum: Personal Consumer Issues
Topic: Convince me - for or against bigger home
Replies: 92
Views: 5497

Re: Convince me - for or against bigger home

Some thoughts: • I do think you will benefit from having more personal space for you and your spouse. Getting kids out of bedroom. • There are innumerable ways to more efficiently reconfigure your room situation to make it work. Most of your rooms are empty most of the week! You are smart enough to...
by calmaniac
Wed Apr 15, 2020 4:29 pm
Forum: Personal Consumer Issues
Topic: Best Way to Watch British Mystery Shows
Replies: 59
Views: 4275

Re: Best Way to Watch British Mystery Shows

Our Library has sent out digital resources and one of the surprises is access to Acorn TV via RBDigital: https://rbdigital.com/service/browse/acorn If you have a library card, you most likely have free access to movies, audiobooks and magazines via Hoopla, Media On Demand or RB Digital. Yes, same h...
by calmaniac
Tue Apr 14, 2020 9:06 pm
Forum: Personal Consumer Issues
Topic: Best Way to Watch British Mystery Shows
Replies: 59
Views: 4275

Re: Best Way to Watch British Mystery Shows

JPM, You have great taste! 1. Endeavour, Morse, and Foyle's War are among our favorites of all time. When you do find your BBC crime fix, check out "Shetland", which is based on the Shetland crime novels by Ann Cleeves. Have you ever tried any Nordic Noir? We watched both the Swedish and BBC version...
by calmaniac
Mon Apr 13, 2020 7:04 pm
Forum: Investing - Theory, News & General
Topic: Who needs Muni bond funds anyhow?
Replies: 12
Views: 1257

Re: Who needs Muni bond funds anyhow?

You want the marginal tax rate, not the average rate. Thank you Grabiner! Very much appreciate your help. I always learn a lot from your postings. My apologies to dmcmahon; he cited the 9.3% in an earlier posting, but I did not realize that was marginal. Also thanks to fredflinstone, for your sugge...
by calmaniac
Mon Apr 13, 2020 3:26 pm
Forum: Investing - Theory, News & General
Topic: Who needs Muni bond funds anyhow?
Replies: 12
Views: 1257

Re: Who needs Muni bond funds anyhow?

Agreed that $100k income doesn't seem like it screams for munis. But don't forget California's relatively high tax rate, 9.3% even at that income level. The other factor is the falling yields on treasuries, they're so paltry now that the absolute level of tax is going to very low. Final factor: hig...
by calmaniac
Mon Apr 13, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: Who needs Muni bond funds anyhow?
Replies: 12
Views: 1257

Re: Who needs Muni bond funds anyhow?

am wrote:
Mon Apr 13, 2020 1:25 pm
Munis are riskier now.
Yeah, they give me the heebie-jeebies. Thanks!
by calmaniac
Mon Apr 13, 2020 12:43 pm
Forum: Investing - Theory, News & General
Topic: Who needs Muni bond funds anyhow?
Replies: 12
Views: 1257

Who needs Muni bond funds anyhow?

My 68 y.o. sister lives in California and has an account managed by a TIAA Portfolio Advisor. Her asset allocation is 40:60, with a bunch of intermediate to long-term Muni bond funds in her taxable account (BTMIX, MTBIX, and WMBIX, which have ERs of 0.30, 0.53, and 0.45, respectively). She has an an...
by calmaniac
Sun Apr 12, 2020 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: What are some financial positives of the current crisis?
Replies: 31
Views: 3216

Re: What are some financial positives of the current crisis?

Tax loss harvesting. I was finally able to liquidate a bunch of highly appreciated individual stocks that I've held since the 1990's (and buy index funds).
by calmaniac
Mon Apr 06, 2020 7:04 am
Forum: Personal Consumer Issues
Topic: Cruise cancelled [take refund or future credit?]
Replies: 51
Views: 2719

Re: Cruise cancelled [take refund or future credit?]

We have a cruise scheduled for late July, and if it's on, we're going. If not, we'll take the refund, versus FCC. I have no idea if we'll be able to cruise next summer, and with all those people having credits that need to be used, there's going to be a lot of competition for the rooms onboard any ...
by calmaniac
Thu Apr 02, 2020 9:29 pm
Forum: Investing - Theory, News & General
Topic: "They All Retired Before They Hit 40. Then This Happened."
Replies: 49
Views: 5504

Re: "They All Retired Before They Hit 40. Then This Happened."

OP, I focus on the Financial Independence portion of the FIRE movement and believe we are pretty closely aligned. Some of those who retired extra early may be questioning their plan but aren’t we all. Here is a link to a recent Podcast on the topic, https://www.choosefi.com/is-the-fire-movement-ove...
by calmaniac
Thu Apr 02, 2020 7:26 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303765

Re: Coronavirus and the market

Hey Coronavirus and the market fanboys and fangirls, I wanted to point out a series of thoughtful bearish postings in the "Is the coming pain really "priced in"?" thread. There is a post from me , :D ,followed directly by a post from shelanman with lots of great links, and batting clean up, Prahasau...
by calmaniac
Wed Apr 01, 2020 9:32 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 19168

No, the coming pain IS NOT "priced in"?

With all due respect to the OP, this should have been moved by LadyGeek into the Coronavirus market discussion. You got lucky she was off today. :D I'll start with these postings below, because their lack of substance is only surpassed by their misdirection. If this is the substance behind the bulli...
by calmaniac
Tue Mar 31, 2020 8:52 pm
Forum: Investing - Theory, News & General
Topic: "The lessons of Vanguard’s Jack Bogle have helped countless investors — but his picks could be improved"
Replies: 17
Views: 2039

Re: "The lessons of Vanguard’s Jack Bogle have helped countless investors — but his picks could be improved"

It is blasphemy masked as a puff piece to Bogle. Bingo. I have learned a huge amount on the Bogleheads site and from the books and other resources that have flowed from the discussions. I am incredibly grateful to all of those who have played a role in its development. My view of " Bogleheadism ", ...
by calmaniac
Mon Mar 30, 2020 3:23 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193849

Re: Bogleheads community discussion - Coronavirus

J G Bankerton wrote:
Mon Mar 30, 2020 2:47 pm
Why is it called "social distancing"? We can be social online or by phone. It is physical distancing that must be maintained even for people who are not social.
Is ‘social distancing’ the wrong term? Expert prefers ‘physical distancing,’ and the WHO agrees.

Feel better now?
by calmaniac
Mon Mar 30, 2020 6:54 am
Forum: Personal Investments
Topic: Dumping small value?
Replies: 107
Views: 8740

Re: Dumping small value?

The strong will survive and the weak will most likely be devastated and likely recover to a lesser extent in two years. What am I missing here? Some truth in your words. Only difference, I define "the strong" as those investors who have an IPS that is built to weather a 75% drop in the S&P500. The ...
by calmaniac
Fri Mar 27, 2020 9:49 am
Forum: Personal Investments
Topic: Starting w/ 1-fund and when to switch to 3-fund
Replies: 22
Views: 1198

Re: Starting w/ 1-fund and when to switch to 3-fund

Mainly looking at these 3. Or should I just do the 4 fund portfolio I was wanting from the start even beginning with 500 and doing 500 a month? Fidelity® Four-in-One Index Fund/ FFNOX Fidelity® Total Market Index Fund FSKAX Fidelity Freedom® Index 2055 Fund - Investor Class FDEWX You will be fine w...
by calmaniac
Thu Mar 26, 2020 8:54 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303765

The coming recession

anoop wrote:
Thu Mar 26, 2020 8:13 pm
I think the job is done. Record fiscal and monetary stimulus to keep the market humming along for at least the next decade with appropriate transfer of wealth. Possibly Dow 40K by November. The coronavirus news will rapidly melt away--should see signs of this almost immediately.
LOL2
by calmaniac
Thu Mar 26, 2020 8:49 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303765

Re: Coronavirus and the market

On the 9th of March I dipped my toes in the market for the first time, thinking this corona-dip is maybe a good bargain. Today I sold at a 10 % loss. [SNIP] Bringing it back to topic: I think that the market is mispriced and will correct hard several times this year. And the reason is normalcy bias...
by calmaniac
Wed Mar 25, 2020 9:21 pm
Forum: Personal Investments
Topic: Starting w/ 1-fund and when to switch to 3-fund
Replies: 22
Views: 1198

Re: Starting w/ 1-fund and when to switch to 3-fund

First question. What is your time horizon for needing this money? A Roth IRA is a long term proposition. You should be thinking about this money on a 30-50 year time horizon and not touching it earlier. If so, I would invest in an S&P index fund or total market index fund (VTSAX, VTI, SWTSX, etc.) a...
by calmaniac
Wed Mar 25, 2020 10:37 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303765

Re: Viruses and the overall future of the stock market

JackoC wrote:
Wed Mar 25, 2020 9:10 am
I remain unconvinced that I can make any useful prediction of the market's future moves, or glean them by reading a forum like this. That I'm pretty sure about, the market's future level not sure at all.
Agreed. Words of wisdom.

But....this time it's different.....[Joke]
by calmaniac
Tue Mar 24, 2020 9:03 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303765

Re: Viruses and the overall future of the stock market

I'm a physician scientist who does not pay attention to social medial and does not even watch TV "news" (I consider it entertainment, not news). That said, I find the current situation wholly different from any I've seen in my life. This is not some media-driven hype. Thank you. My father is a reti...
by calmaniac
Mon Mar 23, 2020 8:59 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303765

Re: Viruses and the overall future of the stock market

[Merged into the ongoing discussion -- moderator oldcomputerguy] With social media platforms driving fear and panic into every corner of every room in the world, I'm concerned that the stock markets are forever changed following this latest epidemic. We've had numerous super bugs since 2000, but no...
by calmaniac
Thu Mar 19, 2020 9:14 pm
Forum: Investing - Theory, News & General
Topic: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?
Replies: 68
Views: 8523

Re: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?

My dad bought treasury bonds (I think 20 year?) in 1982. One of his best investments ever.

I think OP got it backward it regard to the dynamics of such. :beer
by calmaniac
Wed Mar 18, 2020 10:39 am
Forum: Forum Issues and Administration
Topic: Giving thanks to our moderators
Replies: 92
Views: 5383

Re: Giving thanks to our moderators

Thanks to all the moderators!!! Our inner angels sometimes fall down on the job in these troubled times; the moderators pick up the slack. Special shout out to LadyGeek.
by calmaniac
Tue Mar 17, 2020 7:56 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1769
Views: 140618

Re: [Small Cap Value heads Rejoice !!!]

This for me was the last nail in the coffin, incredibly horrible performance. I realized I started tilting to SCV because I was "bored" with my VT portfolio steadily growing in a bull market, and started following Merriman and others into more exotic portfolio tilts, without solid reasons. I won't ...
by calmaniac
Tue Mar 17, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age ? and this crisis ?
Replies: 170
Views: 9378

Re: What is your AA, given your age ? and this crisis ?

1. I'm 22 years old, and my AA is 165/135 stocks/bonds. I'm young with nothing to lose, and my portfolio performs similarly to the market on the downside while outperforming on the upside. 2. For me, risk includes leverage. I likely won't change much for the next few decades. I might glide toward 9...
by calmaniac
Tue Mar 17, 2020 7:36 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 193849

Re: Bogleheads community discussion - Coronavirus

COVID-19 webcast
Insights from Johns Hopkins Bloomberg School of Public Health experts
Tuesday, March 17, 2020
11:30 a.m. - Noon EDT

I believe it will also be archived on the website if you cannot make the live event
by calmaniac
Mon Mar 16, 2020 7:57 pm
Forum: Personal Investments
Topic: Is this blog actually worthwhile
Replies: 32
Views: 3124

Re: Is this blog actually worthwhile

I have been investing for almost 30 years. I find the BH forum one of the best resources for learning about investing that I've encountered. If I had access to the Bogleheads forum when I was starting out, my net worth would be substantially higher. • I think the vast majority of us agree on the bas...
by calmaniac
Sun Mar 15, 2020 8:51 pm
Forum: Investing - Theory, News & General
Topic: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]
Replies: 117
Views: 9765

Re: Is there a single person on here that thinks Coronavirus is going to have a material impact on

ochotona wrote:
Sun Mar 15, 2020 7:22 pm
We're going to have a vaccine late 2021.
Really? How certain are you?

Counting your vaccine chickens before they hatch = broken eggs
by calmaniac
Sun Mar 15, 2020 3:06 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3996
Views: 303765

Re: Coronavirus and the market

Former U.S. Treasury secretary Lawrence Summers on Fareed Zakaria GPS: "85-90% chance of a recession", would not surprise him if "as bad as 2008-2009".
by calmaniac
Sat Mar 14, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: Get a 2nd Refrigerator for Home, and put in garage - Good idea?
Replies: 88
Views: 4981

Re: Get a 2nd Refrigerator for Home, and put in garage - Good idea?

Bad idea from an environmental perspective. This is particularly an issue when people do this with their old, less energy efficient refrigerators (which is not what you have proposed).

May be useful if you have, like 4 kids.
by calmaniac
Thu Mar 12, 2020 8:06 pm
Forum: Personal Investments
Topic: Capitulation
Replies: 59
Views: 5332

Re: Capitulation

Flextruck, You are right this sucks! I'm 70/30, which works out to a loss of 7% of my portfolio today alone. Over the past month, DW & I have lost close to what our total assets were when we were 45. This sucks! However, buy and hold is the least worse way to predictably grow long-term wealth. All t...
by calmaniac
Thu Mar 12, 2020 8:38 am
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 14298

Re: How many people with 7 figure portfolios are”rejoicing ?”

You have mid 7 figures, you have a pension. You won. No reason to play anymore - that simple. BoggledHead2, that logic does not resonate with me. One size/approach does not fit all portfolios. 1. Given that the 30% fixed income share of our assets (≈$2MM) will more than cover us through the next 10...