Search found 409 matches

by stlrick
Mon Nov 19, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: Coffee tablebooks??
Replies: 21
Views: 1423

Re: Coffee tablebooks??

"30,000 years of art"

$86 at Amazon.
by stlrick
Wed Nov 14, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Buying spia in December
Replies: 3
Views: 344

Re: Buying spia in December

Greg:

You might want to look through this discussion and some of the links in it:

viewtopic.php?f=1&t=110429
by stlrick
Wed Nov 14, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Buying spia in December
Replies: 3
Views: 344

Re: Buying spia in December

SPIAs should be compared on the basis of the monthly payout - a direct comparison of what you would receive each month. The multiple components that go into that bottom line for each insurance company can differ. The company with the lower commission rate may use a less favorable life table. The oth...
by stlrick
Mon Nov 12, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: TIAA R1 With Painfully High Expenses - stuck?
Replies: 34
Views: 1928

Re: TIAA R1 With Painfully High Expenses - stuck?

Valuethinker / stlrick / student - While your comparison of TIAA RE to Vanguard REIT funds may be accurate, the discussion is hijacking the intent to help the OP. I don't think I can split your discussion into a new topic without losing context. Feel free to start a new thread to debate the differe...
by stlrick
Sun Nov 11, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: TIAA R1 With Painfully High Expenses - stuck?
Replies: 34
Views: 1928

Re: TIAA R1 With Painfully High Expenses - stuck?

No, this is a common misconception. The TIAA Real Estate Account does not include property management costs in its expense ratio. Well, the fees for mowing the lawn aren't included in TIAA, but I believe some of the management fees that REITs occur (but aren't included in the Vanguard ER) are inclu...
by stlrick
Mon Nov 05, 2018 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Month to Claim Maximum Social Security
Replies: 2
Views: 506

Re: Month to Claim Maximum Social Security

The fourth Wednesday in September.
by stlrick
Sun Nov 04, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: tips to protect identity
Replies: 11
Views: 786

Re: tips to protect identity

Thanks for replies. a few new questions: 2. any value to paying for things like Verizon Bill, electric bill so on via old fashion check? No advantage that I can see. I pay Verizon same way I pay credit cards - by going to the site - verizonwireless.com - and authorizing payment to a credit card. Fo...
by stlrick
Sun Nov 04, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: tips to protect identity
Replies: 11
Views: 786

Re: tips to protect identity

In addition to the big three, have frozen Innovis and Chex Systems. Currently looking into freeze with NCTUNE (telecom and utilities exchange). You need more than one credit card. My wife just had an attempted fraudulent use on a card in her name. Right now, we are waiting for the replacement in the...
by stlrick
Sun Oct 28, 2018 7:26 am
Forum: Investing - Help with Personal Investments
Topic: 5-10 year horizon for $100K
Replies: 11
Views: 1111

Re: 5-10 year horizon for $100K

I completely agree with you - planning for 10 years from now is difficult. Money needed within 5 years - put in CDs. Money needed in retirement if retirement is 20+ years from now - stay the course. Money needed in about 10 years - which is exactly where I am with my grandchildren's 529 plans - I ha...
by stlrick
Sun Oct 21, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: How long will TIAA Trad (3.5%) stay ahead of the fixed income pack?
Replies: 18
Views: 1819

Re: How long will TIAA Trad (3.5%) stay ahead of the fixed income pack?

I have been accumulating in TRAD since 1979. All I can give you are observations and impressions. In general, you can expect TRAD interest rates for new contributions to lag the market trend. When the trend is one of declining interest rates, TRAD will be higher, and go down more slowly. When intere...
by stlrick
Wed Oct 03, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 11966

Re: Sold Home - 2 days after buyer claims they found an issue with A/C

It broke 2 days after closing? So it was working one day after closing. You could accuse them of intentionally damaging it so that they could fight with you for a new one. It's their problem.
by stlrick
Sun Sep 30, 2018 9:44 am
Forum: Personal Consumer Issues
Topic: Can you Help? Life stages: 55-65-75-85
Replies: 17
Views: 2291

Re: Can you Help? Life stages: 55-65-75-85

You son is 23. A lot may happen with him over the next few years. When he is 30 you will be only 64. Might you have a grandchild? Grandchildren can change everything, including where you want to live.
by stlrick
Tue Sep 25, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: Invisalign and Dentist pricing
Replies: 19
Views: 2491

Re: Invisalign and Dentist pricing

We don't do clinicial diagnosis here, but a couple of points. Who told you the small gap will get bigger? Not necessarily. If the problem is truly localized to a small gap between two teeth, that may not require full mouth treatment. It might be treatable by an orthodontic appliance that is localize...
by stlrick
Fri Aug 31, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: QCDs from RMD - 1099R [Qualified Charitable Distributions]
Replies: 44
Views: 1867

Re: QCDs from RMD - 1099R [Qualified Charitable Distributions]

The QCD rules require a letter of acknowledgement from the charity. So, anonymous would not work. That is a bummer. I'll have to re-think our game plan then. Probably skip the QCDs for most things. If you skip QCDs, you are giving up a very good tax break. A QCD reduces your taxable income even if ...
by stlrick
Fri Aug 31, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: high RMD withdraw from 401k question
Replies: 31
Views: 3384

Re: high RMD withdraw from 401k question

Great info so far, any links to educate a newbie would be appreciated Here is the wiki with the RMD tables. https://www.bogleheads.org/wiki/IRA_distribution_tables Table III Uniform Lifetime is the table most people would use. It shows that someone that is 70 would start out with a 3.65% withdrawal...
by stlrick
Sat Aug 25, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Question for Social Security experts
Replies: 13
Views: 1748

Re: Question for Social Security experts

In the system you are referring to, you would "file and suspend" at your full retirement age, which is 66. Your wife would then be the one to file a "restricted application" for spousal benefits. Each step requires the previous one - you turn 66, you file and suspend, she submits a restricted applic...
by stlrick
Sat Aug 25, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: When do you replace a working desktop computer?
Replies: 27
Views: 2107

When do you replace a working desktop computer?

My wife and I each have desktop iMac's at home, which we use as our primary computers. Our current machines were bought in February 2013. I had a hard drive replaced a couple of years ago, hers has had no problems. At work, my desktop iMac is replaced automatically on a five-year schedule. My new of...
by stlrick
Sun Aug 12, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: LTCi Underwriting Home Interview
Replies: 5
Views: 661

Re: LTCi Underwriting Home Interview

My wife and I each had phone interviews and they were entirely about memory - repeating numbers, lists of words, etc. Maybe you will have a physical exam or questionnaire of some sort, but it almost certainly is about cognitive decline. When we had ours by phone, I thought it was surprising how easy...
by stlrick
Fri Aug 03, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security--Reaching Age 70 with a Restricted Application
Replies: 7
Views: 856

Re: Social Security--Reaching Age 70 with a Restricted Application

No, she needs to file for benefits on her record. They start automatically at age 70 for someone who has filed on their own record and then suspended benefits. It's quite easy. She files online as a new social security recipient, up to 3 months before her 70th birthday There will be a place on the a...
by stlrick
Fri Aug 03, 2018 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Comfort level with Credit Card Balance
Replies: 86
Views: 5893

Re: Comfort level with Credit Card Balance

Some of the differences in approach may reflect the time of the month that people pay bills. If you pay everything at the end of the month (or beginning of the month), then I can see a habit of monthly budgeting by paying the full credit card balance rather than the statement balance. Given how mean...
by stlrick
Fri Aug 03, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Comfort level with Credit Card Balance
Replies: 86
Views: 5893

Re: Comfort level with Credit Card Balance

There is a little confusion here because some of us don't know what you mean by "carry-over balance." Once each month, the credit card statement closes, and you have a statement balance, usually due within 2-3 weeks. If you pay that balance in full, anytime before it is due, you pay no interest. I a...
by stlrick
Thu Jul 26, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA GSRA rolling out Roth funds
Replies: 3
Views: 369

Re: TIAA GSRA rolling out Roth funds

You definitely can rollover the Roth money to a Roth IRA without touching the rest of the accumulation. I've done it. You do not have to leave the employer to do it, and in fact, unless you are very happy with the TIAA investment options, you can do it now. That has the advantage of working with TIA...
by stlrick
Fri Jul 20, 2018 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Is my umbrella policy over priced?
Replies: 20
Views: 1784

Re: Is my umbrella policy over priced?

While many have noted that locations, number of cars, age of drivers, writing the underlying policies etc. can impact rates, there is a huge additional reason for the price variation. Umbrella or Excess Liability policies are NOT uniform between issuing companies. It is a challenging exercise to co...
by stlrick
Wed Jul 11, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Does social security withholding "rollover"?
Replies: 0
Views: 295

Does social security withholding "rollover"?

I am currently receiving a spousal benefit from social security on a restricted application. I've filed online to switch to the benefit on my own record at age 70. The first check should be in September. I currently have 22% withheld. Does anyone know if that 22% will continue automatically when the...
by stlrick
Mon Jul 09, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Income stream at 70
Replies: 29
Views: 2917

Re: Income stream at 70

I guess that I read the question differently; the OP stated that they wanted an income stream (I didn’t see anything about charitable contributions) from immediateannuities: $250k SPIA: $1610/ month for single life (M 70) {payout of 6.44%} $1267/ month for joint life (M 70/ F 68) {payout of 5.07%} ...
by stlrick
Fri Jul 06, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 47
Views: 4358

Re: Tire experts? Can I trust a patched tire?

The original post concerns issues other than the factual safety of a patched tire - "can I trust a patched tire," "should I be concerned ." Something to think about is the general philosophy of minimizing regret. A financial discussion about this is on Dick Cotton's blog: http://www.theretirementca...
by stlrick
Fri Jul 06, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 47
Views: 4358

Re: Tire experts? Can I trust a patched tire?

The original post concerns issues other than the factual safety of a patched tire - "can I trust a patched tire," "should I be concerned ." Something to think about is the general philosophy of minimizing regret. A financial discussion about this is on Dick Cotton's blog: http://www.theretirementcaf...
by stlrick
Wed Jul 04, 2018 3:43 pm
Forum: Investing - Theory, News & General
Topic: Statistically significant alpha?
Replies: 26
Views: 1898

Re: Statistically significant alpha?

Oh please. You think this is "my" opinion? You seem interested in the topic. Here are some thoughts from statisticians who know more than you or me. I'd be happy to continue the conversation after you have educated yourself. I'll reply to substantive issues, but am finished engaging with your ad ho...
by stlrick
Wed Jul 04, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: Statistically significant alpha?
Replies: 26
Views: 1898

Re: Statistically significant alpha?

They might reply that you are "laughably hyperbolic." If I led with a statement along the lines of "no one you know is smarter than me" they'd be correct. Oh please. You think this is "my" opinion? You seem interested in the topic. Here are some thoughts from statisticians who know more than you or...
by stlrick
Wed Jul 04, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: Statistically significant alpha?
Replies: 26
Views: 1898

Re: Statistically significant alpha?

Everything you learned in Stats 101 about statistical significance was a lie. Everything? Literally everything? Seriously? Everything ? It does not tell you what you think it tells you and what it does tell you is of next to no use. This is laughably hyperbolic. If someone was talking to you about ...
by stlrick
Tue Jul 03, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: Statistically significant alpha?
Replies: 26
Views: 1898

Re: Statistically significant alpha?

Everything you learned in Stats 101 about statistical significance was a lie. It is a deeply flawed and misleading criterion and is almost always misinterpreted. It does not tell you what you think it tells you and what it does tell you is of next to no use. Use Google Scholar and take a look at "nu...
by stlrick
Thu Jun 14, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Special Needs Trust
Replies: 31
Views: 2640

Re: Special Needs Trust

You cannot do this without good professional advice. Your decision about staying in the military might depend on the health care available to your daughter if you leave the military. The nature of state and federal programs and their guidelines, definitions of disability, ages at which programs term...
by stlrick
Sun Jun 10, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: Foreign language immersion daycare
Replies: 50
Views: 2997

Re: Foreign language immersion daycare

Children have differences in natural aptitudes. Some are inherently verbal, some mathematical, some musical. You are making a decision for your child without knowing them. It is common for children who are not unusually adept at languages but are exposed to two from birth to be behind in reading Eng...
by stlrick
Fri Jun 08, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Porsche Macan
Replies: 28
Views: 3412

Re: Porsche Macan

A friend of mine just bought a Macan. He custom ordered it. He started by sending an email to all dealerships in the area stating his intentions and listing the exact build options he wanted, then asked each dealership to quote him. In the end, one dealership beat out all the others in terms of pri...
by stlrick
Fri Jun 08, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Porsche Macan
Replies: 28
Views: 3412

Porsche Macan

I'm going to buy a Porche Macan S, probably when the 2019 models are available. I can afford it and I will enjoy it, so those are not the questions. For the past 20 years or so, my wife and I have owned Subaru's, Acura's, and Audi's. My unverified impression is that the style of negotiating in a Por...
by stlrick
Sun Jun 03, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Millennial being offered participation in a pension plan
Replies: 4
Views: 737

Re: Millennial being offered participation in a pension plan

I think you may be misunderstanding the ORP option. It looks to me like a standard defined contribution 403(b) offered by many universities. You get an 8% match and after 7 years a 10% match. You have access to TIAA funds with ER's such as 0.16 for an International Equity Index, 0.21 for Emerging Ma...
by stlrick
Sun Jun 03, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: TIAA commingles Roth and non-Roth retirement funds?
Replies: 14
Views: 1243

Re: TIAA commingles Roth and non-Roth retirement funds?

I have a similar issue with my 457 managed by TRowe Price. My contributions are split between Roth and non-Roth but you can't elect different investments for the two types of accounts (and same choices for both). And, everything is presented on the website as a single account. When I called Trowe t...
by stlrick
Sat Jun 02, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: TIAA commingles Roth and non-Roth retirement funds?
Replies: 14
Views: 1243

Re: TIAA commingles Roth and non-Roth retirement funds?

It is just different from what you are used to. Your quarterly statement will show pre-tax and after-tax Roth contributions and total values for each separately. (At least my quarterly statements do so.) TIAA can account for these separately within a single contract (and of course they have to do s...
by stlrick
Sat Jun 02, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: TIAA commingles Roth and non-Roth retirement funds?
Replies: 14
Views: 1243

Re: TIAA commingles Roth and non-Roth retirement funds?

I dealt with this a couple of years ago. When I switched to Roth contributions in my 403(b), I was able to direct my contributions to Vanguard while the employer's contributions went to TIAA. I was therefore able to invest them differently. When my employer switched to TIAA as the single record hold...
by stlrick
Wed May 16, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: ?$ Bid for Upgrade to Business Class (per flight hour)
Replies: 17
Views: 1742

Re: ?$ Bid for Upgrade to Business Class (per flight hour)

First consideration is the quality of the economy class. Singapore Airlines and Spirit are different experiences. Six hours is a long flight. I would unquestionably go for the business upgrade if economy seating was three across and one of you would have a middle seat. Aren't you already paying more...
by stlrick
Wed May 09, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Custom suit needed for a wedding. Help me shop around!!
Replies: 30
Views: 2511

Re: Custom suit needed for a wedding. Help me shop around!!

There are a two basic categories of "custom made" suits, which are the alternative to "ready-to-wear" or "off-the-rack" suits. You need to know which one you want. Custom made can be "made-to-measure" or "bespoke." A made-to-measure suit involves having several measurements taken on your body. These...
by stlrick
Sun May 06, 2018 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 9548

Re: What career for smartest kid in the class?

Easy question. The happiest, most unstressed, successful people I know are orthodontists.
by stlrick
Sat May 05, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 25695

Re: most compelling TV character ever

Jeremy Brett as Sherlock Holmes
by stlrick
Mon Apr 23, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: 403b
Replies: 32
Views: 2706

Re: 403b

Just a couple of comments without attempting to analyze your current retirement accounts versus a switch to Vanguard: 1. I'm not familiar with other people's idea of a "3 fund portfolio." I would say that that should consist of (1) a money market fund or short term bond fund in a non-retirement acc...
by stlrick
Sun Apr 22, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Best Alternative to a Pension (DB )
Replies: 12
Views: 1267

Re: Best Alternative to a Pension (DB )

See M. A. Milevsky and A. C. Macqueen, "Pensionize Your Nest Egg" 2nd edition. Wiley, 2015. An SPIA (single premium immediate annuity) is a good answer under many circumstances. They can be laddered, and as ResearchMed notes, spread over several insurers. The fear of insurance company failure and ex...
by stlrick
Mon Mar 26, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: Computer Security
Replies: 62
Views: 5232

Re: Computer Security

After spending a lot of time looking into this, I bought a Chromebook as a secondary machine and use it exclusively for on-line financial management. No email, no games, no searching, no blogs, no nothing. When I open the Chrome browser, the 10 or so links at which I conduct financial transactions a...
by stlrick
Mon Mar 26, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Kiplingers Retirement Report
Replies: 17
Views: 3789

Re: Kiplingers Retirement Report

I view these publications a little differently: any actionable insight into any aspect of retirement strategy, management, rules, etc. is going to be worth thousands of dollars, at least. If I get one insight every two or three years from a publication costing $30 a year, it is a bargain.
by stlrick
Thu Feb 15, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 99
Views: 8660

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

I have this coverage in my umbrella policy, which is coordinated with my auto and homeowners. The umbrella is for 3 million. It costs me about $1000 per year - $500 for the standard umbrella and $500 for the endorsement covering uninsured motorists. The agent tells me that they stopped offering the ...
by stlrick
Sat Feb 03, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 280
Views: 21519

Re: For BHs who actually like cars - what is your daily driver?

Audi S3

Can't get a two-seater - need a back seat and 4 doors for the grandchildren.
by stlrick
Wed Jan 24, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: In what ways could BogleHeads be badly wrong ?
Replies: 244
Views: 26088

Re: In what ways could BogleHeads be badly wrong ?

I've never been able to reconcile:

1. Stay the course, nobody knows nothing, you can't time the market

and

2. Valuations matter