Search found 240 matches

by Dantes
Wed Feb 13, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Can I file jointly with my girlfriend
Replies: 32
Views: 3925

Re: Can I file jointly with my girlfriend

if one filed jointly as partners in a common law marriage then wouldn't one then legally be married? i.e. dissolution would require a formal divorce? At which point there is no difference between a state-sanctioned marriage and the common-law marriage?
by Dantes
Thu Jan 31, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 145
Views: 8123

Re: Were you 100% debt free at retirement

No. But by coincidence we today - 10 months after my retirement - we paid of our mortgage - it was low 5 figures and at only 2.9%, but I have been looking for ways to reduce my IRA; that was almost as good as any; will reduce the our draw from taxable while I wait for age 70 and my social security.
by Dantes
Thu Jan 31, 2019 7:44 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4155
Views: 1111426

Re: What Movie Have You Recently Watched?

Shimmer Lake on Netflix. Liked it a lot, DW has watched it twice. Very funny, but with some thoughtful moments.
by Dantes
Sun Jan 27, 2019 7:30 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3577
Views: 1040615

Re: What Book Are You Currently Reading? Part VI

Reality Is Not What It Seems by Carlo Revolli. An extremely readable book by a theoretical physicist whose focus ( I almost said field , but after reading this book I realize I have an incomplete understanding of that word ) is loop quantum gravity. I previously read his Seven Brief Lessons on Phys...
by Dantes
Sat Jan 26, 2019 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Timing of updates to SSA.GOV
Replies: 9
Views: 2459

Re: Timing of updates to SSA.GOV

To add onto an old thread: I noticed this morning (Jan 26 2019) that the my social security site has just added my 2018 earnings (which were dramatically different from prior years), and has updated values for current and age 70 estimates. Looks like updates are dependent only on the employer submis...
by Dantes
Wed Jan 23, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use my Roth IRA to pay off CC debt
Replies: 29
Views: 2173

Re: Should I use my Roth IRA to pay off CC debt

When you make the adjustments to your lifestyle that will enable you to pay off the credit card debt then you will know the real cost of using credit cards. From my personal experience I would say there is no better way to learn how to control expenditures.
by Dantes
Sat Jan 19, 2019 1:11 pm
Forum: Investing - Theory, News & General
Topic: What does 20% extra of portfolio allocated to equities get you?
Replies: 112
Views: 7153

Re: What does 20% extra of portfolio allocated to equities get you?

Yes. Except i would say "variance" rather than extra. More equity happened to mean worse performance for 1 year. I think of "extra" as poitive rather than absolute.
by Dantes
Thu Jan 17, 2019 7:34 am
Forum: Personal Investments
Topic: Roth contribution with the HEART act
Replies: 8
Views: 801

Re: Roth contribution with the HEART act

According to the FDIC, https://www.fdic.gov/deposit/deposits/brochures/your-insured-deposits-english.html , its per depositor, bank and account ownership category. The FDIC adds together all single accounts owned by the same person at the same bank and insures the total up to $250,000. So it looks l...
by Dantes
Wed Jan 16, 2019 8:25 am
Forum: Personal Investments
Topic: Roth contribution with the HEART act
Replies: 8
Views: 801

Re: Roth contribution with the HEART act

I'm surprised you haven't gotten replies yet, so I will note the following: 1. With decent CDs you will probably stay pretty close to inflation, but keeping up with inflation is not guaranteed. 2. The best place to purchase CDs depends on your location and and circumstances. Usually on-line banks su...
by Dantes
Sat Jan 12, 2019 5:15 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 128
Views: 7612

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Re Point 1) Do you believe that, perhaps, under these assumptions you would have bought South Sea stock in 1720? You would not have if you had demanded fair value. The fair value of the company was, after all, easy to evaluate, because all of its actual earnings came from the British government and...
by Dantes
Sat Jan 12, 2019 4:54 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 128
Views: 7612

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Re Point 1) Do you believe that, perhaps, under these assumptions you would have bought South Sea stock in 1720? You would not have if you had demanded fair value. The fair value of the company was, after all, easy to evaluate, because all of its actual earnings came from the British government and...
by Dantes
Thu Jan 10, 2019 9:37 pm
Forum: Personal Consumer Issues
Topic: Newspapers / News Subscriptions
Replies: 19
Views: 675

Re: Newspapers / News Subscriptions

I pay for digital access to the New York Times, Washington Post, Boston Globe. I don't read all three everyday, but in the course of a week all have different stories I am interested in. And delivery for the local newspaper. These threads come up every so often, and the responses are always the same...
by Dantes
Thu Jan 10, 2019 3:17 pm
Forum: Personal Consumer Issues
Topic: Shingrix [Vaccine availability]
Replies: 98
Views: 8988

Re: Shingrix [Vaccine availability]

The Shingrix shortage continues. I just called the mega-U clinic where I got my first shot last July; they are currently giving second shots to people who got their first last May; they are no longer giving first shots at all, they can't get enough supply for the people due second shots.
by Dantes
Sat Jan 05, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4503

Re: Retirees: any major goals for 2019?

Starting second year of retirement. Goals are * Learn to play a couple of piano sonatas decently. * Spend more time in a near-by National Park. Not doing so this year was my major failure * Continue regular exercise, and ease back into running once the snow is gone. Just maybe increase the distance,...
by Dantes
Wed Jan 02, 2019 7:12 am
Forum: Personal Consumer Issues
Topic: Snow Plowing
Replies: 54
Views: 2541

Re: Snow Plowing

I retired this year, and so have the time to shovel it myself.

A quick searched turned up the figure that about a hundred people die in the US each year from a cardiac event brought on by shoveling show. That doesn't seem very many to me. I've read that there were 16,000 homicides last year.
by Dantes
Sat Dec 22, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Are some insurance polcies philosophically similar to gambling?
Replies: 57
Views: 2917

Re: Are some insurance polcies philosophically similar to gambling?

The insurance companies are not gambling. Their intent is to have accurate figures for the frequency and expense of the events they are providing insurance for among the population they are insuring, and to charge enough to make it worth their while. There are foolish insurance products, but for the...
by Dantes
Thu Dec 20, 2018 8:09 am
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19726

Re: Favorite Purchase of 2018?

Battery-powered lawnmower. Instant start, one charge is plenty for our small lawn (less than an hour to mow), folds to store compactly.
by Dantes
Tue Dec 18, 2018 8:11 am
Forum: Personal Investments
Topic: Two principles seemingly at odds re: Roth IRAs
Replies: 12
Views: 1524

Re: Two principles seemingly at odds re: Roth IRAs

This isn't wisdom or insight, just my current opinion: There are three main places where typical investments including bonds can be placed: Roth, tax deferred, and taxable. An investor's selection is going to be based upon a mix of factors, including (a) are all three types of investment accounts av...
by Dantes
Sat Dec 15, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: Sports illustrated subscription, how to avoid auto renew
Replies: 15
Views: 1137

Re: Sports illustrated subscription, how to avoid auto renew

I pay all subscriptions by check now just to avoid auto-renewals. But virtual credit cards is an excellent idea. Thanks to those that suggested it.
by Dantes
Sun Dec 09, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3547

Re: Marriott Starwood Security breach - 500 million guests

500 million is a remarkably impressive proportion of the total world population. World populaton is 7.7 billion. CIA says 27% below the age of 15, so count them out; that leaves 5.6 billion. So they are saying that something like 9% of the entire adult population of the entire world has been a Marr...
by Dantes
Sat Dec 08, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3547

Re: Marriott Starwood Security breach - 500 million guests

500 million is a remarkably impressive proportion of the total world population. World populaton is 7.7 billion. CIA says 27% below the age of 15, so count them out; that leaves 5.6 billion. So they are saying that something like 9% of the entire adult population of the entire world has been a Marri...
by Dantes
Sat Dec 08, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3577
Views: 1040615

Re: What Book Are You Currently Reading? Part VI

"Seven Brief Lessons on Physics" by Carlo Rovelli. I enjoyed this book - which really is brief - and will look for his other books. Begins with Einstein, ends with some consoling words about how humanity will likely deal with the collapse of civilization, if not extinction.
by Dantes
Tue Nov 13, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: "What If You Retire At a Stock Market Peak?" - by Ben Carlson
Replies: 49
Views: 6210

Re: "What If You Retire At a Stock Market Peak?" - by Ben Carlson

fanmail wrote:
Tue Nov 13, 2018 4:51 pm
Interesting read. But what does the nominal look like? Obviously 4% of 1MM is 40k, but if you can't live on 20K per year, and you're pulling 4% of 500k after a market crash, how does that look?
Wouldn't you be pulling it from your bond allocation since, after stocks have tanked, it is overweight?
by Dantes
Tue Nov 13, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Planet Fitness etc.,
Replies: 51
Views: 4549

Re: Planet Fitness etc.,

My PF hardly has any free weights/ dumbbells. Good for cardio workout. Truthfully I rarely go anymore. Mine gives free bagels and donuts. Never quite understood that, I guess for carbs but gee, how about maybe a glass of carrot juice instead. The bagels and pizza only once a month but I never eat t...
by Dantes
Tue Nov 13, 2018 7:19 am
Forum: Personal Consumer Issues
Topic: Planet Fitness etc.,
Replies: 51
Views: 4549

Re: Planet Fitness etc.,

My PF hardly has any free weights/ dumbbells. Good for cardio workout. Truthfully I rarely go anymore. Mine gives free bagels and donuts. Never quite understood that, I guess for carbs but gee, how about maybe a glass of carrot juice instead. The bagels and pizza only once a month but I never eat t...
by Dantes
Mon Nov 12, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance [still needed?]
Replies: 3
Views: 320

Re: Life Insurance [still needed?]

A million is a lot of insurance to have if you are not sure you need it. And 6K is a lot to pay for something you are not sure you need. I personally have a smaller term life insurance policy to protect my spouse against me not reaching age 70, when I intend to file for my maximum social security be...
by Dantes
Mon Oct 08, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3577
Views: 1040615

Re: What Book Are You Currently Reading? Part VI

"Fierce Patriot: The Tangled Lives of William Tecumseh Sherman" by Robert L. O'Connell (Random House, 2014) In the last twenty years, many books have been written about U.S. Grant. I plan to read Ron Chernow's recent effort by the end of this year. Before that pleasant task, however, I was able to ...
by Dantes
Mon Oct 08, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3577
Views: 1040615

Re: What Book Are You Currently Reading? Part VI

I'm trying to read The Three Musketeers, by Alexander Dumas, but I think I've bogged down. I just started Count of Monte Cristo (also by Dumas). I'm only at page 16 of 479. So far our hero has been arrested on trumped up charges by someone who will obviously benefit from that. My thoughts so far: I...
by Dantes
Tue Oct 02, 2018 4:40 pm
Forum: Personal Investments
Topic: In retirement
Replies: 22
Views: 2415

Re: In retirement

Your numbers don't add up nicely. I have to assume all the income you mentioned is in after tax accounts. If I make estimates on the returns for bonds, stocks and cash (2%, 3.5%, 1.5%) I can use high school algebra to guess you have something like 2.6 million total and 18,666 of your income from the...
by Dantes
Mon Oct 01, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: New Apartment, city noise
Replies: 43
Views: 3411

Re: New Apartment- Moved from the city to country

Most people get used to the noise and stop noticing it after awhile; I did anyway. Do you care for having music playing in the background? Except maybe car alarms; ironic because - since they are so common - no on actually ever does anything about them. I can't imagine anyone, hearing a car alarm, t...
by Dantes
Sun Sep 30, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4155
Views: 1111426

Re: What Movie Have You Recently Watched?

Traveling Salesman on Amazon Prime. I ran across a review of it at plus.math.org; most characters (there are not very many) are mathematicians; Traveling Salesman is the classic optimization problem; four eminent mathematicians (a winner of the Fields Medal etc) are winding up a government grant an...
by Dantes
Mon Aug 27, 2018 6:23 am
Forum: Personal Finance (Not Investing)
Topic: I still use cash not credit cards should I reconsider?
Replies: 102
Views: 8107

Re: I still use cash not credit cards should I reconsider?

If you are in line in front of me at the grocery store you should definitely use cash.
by Dantes
Thu Aug 23, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5556

Re: Test your cognitive biases

I got the top score. Probably the rigorous training I got back in the seventies for my Library Science degree.
by Dantes
Sat Aug 11, 2018 9:21 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4155
Views: 1111426

Re: What Movie Have You Recently Watched?

Ordeal By Innocence on Amazon Prime. A three-part adaption of the book by Agatha Christie. Excellent, I would watch it again. It is much darker than a Poirot or Miss Marple.
by Dantes
Thu Aug 09, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 8299

Re: Should I tell my family/friend that they are making a financial mistake?

"Financial Mistake" is a vague term. Are they putting their money into mutual funds with a 0.5% expense ratio, or are they investing in every IPO that comes down the road or in every stock anyone gives them a tip on? Are they making choices that can wipe out their net worth, or are they making choic...
by Dantes
Thu Aug 02, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: What’s your Value Colombian coffee?
Replies: 53
Views: 3794

Re: What’s your Value Colombian coffee?

I like Eight O'Clock Colombian Peaks - inexpensive and widely available either whole bean or ground. Its certainly "value". But +1 to Guatemalan, I don't think I've had any I didn't like. Obviously I'm not a connoisseur, and I do have a soft spot for Eight O'Clock coffee, it was available whole bean...
by Dantes
Thu Aug 02, 2018 4:45 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 358
Views: 51017

Re: Good Modern Science Fiction

Reading through these posts on sci fi, I kept stopping on yours, and remembering another series with a similar name. I actually thought it was the same name, but knew the Dunstall books weren't it as the series I kept remembering was old, real old, and had been some of the first space opera publish...
by Dantes
Thu Jul 26, 2018 4:51 pm
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 10627

Re: Toughest Purchase of my Life. Engagement Ring time

I'm the opposite of frugal, but, speaking as someone married for almost 50 years, the whole wedding and engagement process has about as much meaning as a St Patrick's Day Hallmark card. Its marketing, convincing you to spend money on something that is totally without value. So I don't see the purpos...
by Dantes
Wed Jul 25, 2018 9:30 am
Forum: Personal Investments
Topic: At Retirement: thoughts on portfolio allocations & moving TIAA to VG
Replies: 9
Views: 787

Re: At Retirement: thoughts on portfolio allocations & moving TIAA to VG

Looks like 15 different investments just in Plan Number 1. I would focus on simplification, and - barring considerations such as jebmke mentions above - roll over into a single IRA would just a few standard funds. TIAA Traditional is a good bond equivalent during accumulation, but a pain to actually...
by Dantes
Tue Jul 24, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Any reason to hold junk bond fund?
Replies: 50
Views: 5262

Re: Any reason to hold junk bond fund?

Vanguard High-Yield Corporate (VWEAX for admiral), which another poster suggested as an alternative, is not short term. Current SEC yield is 5.85%, and credit quality is almost all in the B's. It has 7.9% C or unrated compared to 12.3% for PGHY. So there is an interesting comparison here between dur...
by Dantes
Mon Jul 23, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Are socially responsible funds just another marketing ploy?
Replies: 25
Views: 2398

Re: Are socially responsible funds just another marketing ploy?

Its not clear to me what you mean by "add any value to the market". But If I could educate orphans, save whales, and kick greedy bankers (without undue effort) I would. Its like a vote, or purchasing a hybrid ten years ago; it might now, on its own, be an insignificant action, but if it reaches a cr...
by Dantes
Fri Jul 20, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off share of children's student loans with house or stay?
Replies: 17
Views: 896

Re: Paying off share of children's student loans with house or stay?

1K per month, which you say you can pay, would pay off your 54.8K share of the amount in about 5 years with 6.78% interest. At least, according to the loan calculator at bankrate.com. Interest over the 5 years would be roughy 10K. So you certainly do not have to sell. Its a choice, and you can suit ...
by Dantes
Tue Jul 17, 2018 8:12 pm
Forum: Personal Investments
Topic: Considering lump sum withdrawal from former employer's retirement fund, to have $ actively managed by pro $ manager
Replies: 10
Views: 1253

Re: Considering lump sum withdrawal from former employer's retirement fund, to have $ actively managed by pro $ manager

You have close to a million in various retirement accounts, pension, and social security, so the answer to #1 is yes you are in a good place to have retirement income of 4K a month. With a current income of over 125K, if that represents, say, 20 years a gradual growth then Social Security is likely ...
by Dantes
Sun Jul 08, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Would you take a job in a less desirable city if you had to work fewer days?
Replies: 40
Views: 3340

Re: Would you take a job in a less desirable city if you had to work fewer days?

I would have done it in a second. I usually ended up working more than 8 hours a day anyway, with the result that I had only a couple of hours of discretionary time a day M-F, and at least one weekend day would be devoted to chores and errands. I would have viewed this as a chance to nearly triple m...
by Dantes
Thu Jul 05, 2018 5:51 am
Forum: Personal Consumer Issues
Topic: Tipping at non sit down places
Replies: 94
Views: 8787

Re: Tipping at non sit down places

Yes, if there is a tip jar, unless I dislike the setup, or if the person behind the counter is unpleasant. Why not?
by Dantes
Tue Jul 03, 2018 5:26 am
Forum: Personal Finance (Not Investing)
Topic: Australians and the Barefoot Investor: a NYT book review
Replies: 4
Views: 841

Re: Australians and the Barefoot Investor: a NYT book review

Thanks for posting the link. Really enjoyed the article.
by Dantes
Mon Jul 02, 2018 5:48 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 185
Views: 20443

Re: Retirement strategy?

This seems rather convoluted: The authors show that, for each additional 1% you save in your retirement, increasing your investment performance by 1% for 30 years is equal to postponing your retirement by 0.4 months—not quite two weeks, in other words. Are they are saying that the 1% increase in per...
by Dantes
Sun Jul 01, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 375
Views: 22493

Re: What are your property taxes?

Maine. A bit over 2% of assessed value. Property values are low.
by Dantes
Fri Jun 29, 2018 5:24 am
Forum: Personal Consumer Issues
Topic: [Do you subscribe to Consumer Reports?]
Replies: 31
Views: 3095

Re: Are many of you??????

Yes, to both questions.
by Dantes
Fri Jun 22, 2018 5:20 am
Forum: Personal Investments
Topic: Questions about RMD and insurance.
Replies: 11
Views: 1227

Re: Questions about RMD and insurance.

What is special about the 1970's with respect to Employer health insurance? RM Only that benefits were better back then. There has been a long and mostly gradual decrease in health coverage benefits for retirees since the 1970's, to accompany the long and not so gradual increase in the cost of heal...