Search found 1164 matches

by Broken Man 1999
Fri Jul 20, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: [A Splendid Exchange, by William Bernstein - on sale for Kindle]
Replies: 19
Views: 1692

Re: [A Splendid Exchange, by William Bernstein - on sale for Kindle]

Bought it, reading it on my Kindle Paperwhite. Very engaging read. For those are enjoying Dr. Bernstein's offering of A Splendid Exchange: How Trade Shaped the World , I would very much recommend an earlier book, The Birth of Plenty: How the Prosperity of the Modern World was Created . Dr. Berstein:...
by Broken Man 1999
Fri Jul 20, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: Fake IRS calls - anybody care?
Replies: 59
Views: 2508

Re: Fake IRS calls - anybody care?

I have received several IRS "scam" calls. Usually I let any unknown caller ids go directly to voicemail, but occasionally I answer. And, who hasn't received the call from "Microsoft Security" from a nice person wanting to help you keep your PC safe? :oops: For the times I foolishly answer the phone,...
by Broken Man 1999
Fri Jul 20, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: Where do you buy CPAP replacement parts?
Replies: 2
Views: 206

Re: Where do you buy CPAP replacement parts?

I use Apria Healthcare. I set up the account so I get auto-ship and have a CC on file. They bill my insurance and charge my copay. So far (several years) I have had no real issues, other than once I had to convince them I owed them money. Surprisingly it was a tough sell! After much discussion they ...
by Broken Man 1999
Thu Jul 19, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Draft a will with legalzoom or other online legal help
Replies: 82
Views: 7014

Re: Draft a will with legalzoom or other online legal help

What is the going rate for a will in a major city? My attorney who does our real estate closings wants $2500 and a friend just paid $2500. I was only charged $1500 for the the real estate closings which I imagine require more hours of labor than plugging a few names into a document. Our will should...
by Broken Man 1999
Wed Jul 18, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Prime Harvesting with a cash buffer?
Replies: 3
Views: 570

Re: Prime Harvesting with a cash buffer?

I have for some time had up to 2% in Vanguard's Federal Money Market fund. I originally started retirement with that fund as I thought it made sense to keep that amount as a cash-like cushion. But I have decided to keep very little in the fund, as I have a boatload of Vanguard Short-term Treasury fu...
by Broken Man 1999
Tue Jul 17, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 9466

Re: Amazon Prime Day 2018

FWIW, I didn't see much that interested me. I did buy a couple of Amazon Dots for additional coverage in our casa. That's it, though. BTW, if you have a reader, Prime members can download all six "early reads", instead of the normal offer of one out of six. So I have more eBooks to read. These freeb...
by Broken Man 1999
Tue Jul 17, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 2627

Re: Would you pay $120 for a 5 year dishwasher warranty?

On the occasions that I helped daughters with appliances, I often would buy an extended warranty for them. Though, honestly the extended warrantee was for my benefit. No calls for Dad to work on appliances. It was worth it for me. And, they did benefit as well. Same theory when I provided AAA member...
by Broken Man 1999
Mon Jul 16, 2018 6:06 pm
Forum: Personal Consumer Issues
Topic: Shoe shine, airport?
Replies: 8
Views: 1285

Re: Shoe shine, airport?

When at MegaCorp my office was a couple of blocks away from a shoe repair shop. There was an ancient shoe shiner named Albert there the hours the shop was open. He was deaf, so no conversation, but he always did a great job. Sometimes during the lunch hour there would be several downtown workers wai...
by Broken Man 1999
Mon Jul 16, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2891

Re: How much furniture spending is ok?

Our furniture buying strategy has always been buying good quality and keeping a long time. After 26 years we replaced our bedroom suite. Was still in excellent shape, but simply got tired of it. We always put glass tops on the end tables, chest-of-drawers, dressers, etc. Recently replaced our patter...
by Broken Man 1999
Sat Jul 14, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Amazon won't sell this book to me.
Replies: 68
Views: 8334

Re: Amazon won't sell this book to me.

the library workers are paid enough so that they don't have to use food stamps. How much are your library workers paid? Do you know? The Amazon workers involved in e-books are probably paid the same or more as library workers doing the same tasks. If you are comparing your library workers to Amazon...
by Broken Man 1999
Fri Jul 13, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3261

Re: Like Lifestrategy Funds but???

Maybe a better fit would be Vanguard Balanced Index Fund Admiral Shares (VBIAX). 60.08% Stocks 39.77% Bonds 0.15% Short-term reserves There is no international in the equity or bond holdings, I don't think. All US. I kinda like this mutual fund for a portfolio simplification effort I am contemplatin...
by Broken Man 1999
Fri Jul 13, 2018 11:32 am
Forum: Personal Consumer Issues
Topic: Do insurance agents add value? How?
Replies: 24
Views: 1456

Re: Do insurance agents add value? How?

???? You didn't get a notice from the insurance company itself, in the form of a paper, printed, USPS-mailed letter? OP stated they received the bill, filed it away. Then forgot about it. Didn't say how long the period of late payment was, so maybe it was too early to get a "your policy has been ca...
by Broken Man 1999
Thu Jul 12, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 31
Views: 5148

Re: $6.55 Northrup Grumman 401k class action settlement

OP - Don't get discouraged by the small amount. Just imaging how much it will be worth in 30-50 years if you invest it in VTSAX (I suggest lump sum instead of DCA). Wife and I have received our settlement from SeaWorld Entertainment. Two bags of popcorn for each of us. Woo Hoo! Oh well next time we...
by Broken Man 1999
Wed Jul 11, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: How to plan for health insurance at a young age?
Replies: 75
Views: 2649

Re: How to plan for health insurance at a young age?

Honestly, attempting to project health care costs so far in the future is likely to produce an inaccurate amount of $$$. This is totally out of your control. However, you can stash as much as you can into retirement investments, live below your means, and hopefully your savings/investments will sust...
by Broken Man 1999
Wed Jul 11, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Do I need Commercial Auto Insurance for a Business vehicle?
Replies: 14
Views: 787

Re: Do I need Commercial Auto Insurance for a Business vehicle?

What does your current insurance provider say? I would imagine the rate for commercial use is much higher because the vehicle is a primary asset in use by the business, which means the liability risk to the insurance company is greater. When I bought my last wheelchair van, I faced additional questi...
by Broken Man 1999
Wed Jul 11, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4495

Re: 30 Year vs 15 Year Mortgage

Every loan I have ever taken was taken for the longest term, all cars and homes. But every loan I ever took was paid off much earlier than the term of the loan, as at some point I would have extra funds, and just get tired of writing a check each month. Obviously this strategy cannot always work if ...
by Broken Man 1999
Mon Jul 09, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning and Charity
Replies: 18
Views: 1324

Re: Estate Planning and Charity

Nieces?
Nephews?

Broken Man 1999
by Broken Man 1999
Mon Jul 09, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: What do you pay for home services?
Replies: 55
Views: 3300

Re: What do you pay for home services?

We pay $120/month for weekly lawn service. For that we get lawn cut, lawn, driveway, sidewalks edged, and deck blown off. Trimmings bagged for pickup by city. Home is a two-story brick w/vinyl siding that only needs a pressure wash every 12-18 months for $250-$280. Gutters twice/year for $100 each t...
by Broken Man 1999
Sat Jul 07, 2018 5:06 pm
Forum: Investing - Theory, News & General
Topic: Financial Newspapers & Publications
Replies: 36
Views: 2664

Re: Financial Newspapers & Publications

I subscribe to Bloomberg BusinessWeek for $2.00/year. Each year the magazine company sends me a postcard stating what my new rate will be (full price). I call the 800 number to cancel, but for years now I have been offered an extension, all via automated phone system. I think some magazine publisher...
by Broken Man 1999
Fri Jul 06, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 42
Views: 2899

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

I have had a tire patch about once every 3 years since the early 1980s. I have never had a problem after the patch. For some reason, my tires seem to attract nails and screws that are left on the street by lazy contractors.... :annoyed Never had an issue with a patched tire. In fact when I was a pu...
by Broken Man 1999
Fri Jul 06, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: Monthly Water Usage
Replies: 61
Views: 3959

Re: Monthly Water Usage

Wife and I were using about 2800-3500 gal per month. Daughter and family moved in while having a new house built, and water use has spiked to 8500- 9000 gal per month. Went from two of us to now six of us. Lots of showers as DD and SIL are runners/exercise folks. A couple of showers a day for them. ...
by Broken Man 1999
Thu Jul 05, 2018 7:02 pm
Forum: Personal Consumer Issues
Topic: How to tip
Replies: 87
Views: 5318

Re: How to tip

audioaxes wrote:
Thu Jul 05, 2018 3:07 pm
18+% pre-tax. A pet peeve of mine is when restaurants suggested tips are calculated with post-tax amounts.

Sadly I'm sure the tip math stumps some people. And, perhaps it shames some skinflints a bit to encourage a tip that is more normal for good service.

Broken Man 1999
by Broken Man 1999
Wed Jul 04, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: How to tip
Replies: 87
Views: 5318

Re: How to tip

20% on entire tab so long as service was good. I notice some cities are trying to have the servers paid minimum wage, but I think that hurts the really good waiters/waitresses. My daughters waited tables while in college, and they made substantially more than minimum wage, and much more that the cur...
by Broken Man 1999
Wed Jul 04, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: Cheapest way to buy a phone in 2018?
Replies: 73
Views: 7002

Re: Cheapest way to buy a phone in 2018?

Wife just bought me a new Samsung S9 at Best Buy. Added $20.50 for 24 months, so not a bad deal. Less than $500 for Samsung's flagship phone. I had a Samsung S6 that I had replaced the screen on, but wife dropped it a so I needed a new phone. Nice early birthday present. I still use my Samsung S3 as...
by Broken Man 1999
Tue Jul 03, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9507

Re: What’s your plan for a market downturn?

Given our portfolio is about half bonds (via funds, not individual bonds), a market downturn would be duly noted, but wouldn't really change anything. We would sell from bond funds to prevent the need for selling depressed/lower-valued equity funds. It is possible, if the situation warrants, perhaps...
by Broken Man 1999
Tue Jul 03, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you reach your target
Replies: 42
Views: 3010

Re: Asset Allocation once you reach your target

We are about 49% equity and 49% bonds with about 2% in Vanguard's Federal Money Market Fund. In retirement 2.5 years.

Works for us.

Broken Man 1999
by Broken Man 1999
Tue Jul 03, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: PurePoint...nice gesture
Replies: 6
Views: 676

Re: PurePoint...nice gesture

A neighbor receives a large, real Christmas wreath for his door each year from Raymond James. It's a beauty! Luckily my wife is a crafter, and we have a nice Christmas wreath as well, actually wreaths for many occasions. All I get from Vanguard is my year-end household statement! I'm OK with that. N...
by Broken Man 1999
Mon Jul 02, 2018 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Help From Cruel Stepmother
Replies: 49
Views: 7626

Re: Trust Help From Cruel Stepmother

This entire scenario just reinforces my belief that there is great danger in folks not sharing the details of wills and trusts with those who would be a beneficiary and those charged to administer the provisions of a will or the successor trustee(s) of a trust. IMHO, the lack of quality discussions ...
by Broken Man 1999
Mon Jul 02, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Literacy Pt. 2
Replies: 4
Views: 706

Re: Financial Literacy Pt. 2

A couple of thoughts: I agree with a previous poster about not worrying about starting a 529 plan. It (529 plan) most likely wouldn't appreciate much while you are a student, and it is very possible you could lose money. Generally if your need for funds is within 5 years or less, most seem to advise...
by Broken Man 1999
Mon Jul 02, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12862

Re: What are your property taxes?

NJ $11,310 for 1400sqft on 1/4 acre. People who pay significantly less, do you have local professional police/fire? Also curious if you have things like 2x weekly garbage and recycling pickup that’s included. Yep. Great police department and fire department. Residents have twice per week garbage pi...
by Broken Man 1999
Sun Jul 01, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Anyone Experienced with Credit Card Fraud ? Need Advice
Replies: 21
Views: 2073

Re: Anyone Experienced with Credit Card Fraud ? Need Advice

Is it actually true that if you file a police report and identify the thief, your bank will no longer cover the loss on a debit card? Or is USAA covering the loss as a courtesy and it's USAA policy that they'll withdraw the courtesy if you identify the thief? I could see them saying that if you get...
by Broken Man 1999
Sun Jul 01, 2018 8:20 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12862

Re: What are your property taxes?

RE taxes $1678, home worth $260K - $290K. Held in check by increase max of 3% or inflation rate, whichever the least.

Sales tax 7%.

Florida.

Broken Man 1999
by Broken Man 1999
Sat Jun 30, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Lumber Liquidators Safety Issue
Replies: 22
Views: 3368

Re: Lumber Liquidators Safety Issue

We are replacing extremely worn out carpeting and laminate flooring with luxury vinyl planks. I read the previous comments, and I know a lot of you hate vinyl flooring. I want vinyl because wood isn't practical with swimmers dripping as they walk through the house, wet dogs, snow getting tracked in...
by Broken Man 1999
Sat Jun 30, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Toss Your Expectations
Replies: 36
Views: 4705

Re: Larry Swedroe: Toss Your Expectations

The article makes the point: However, a wide dispersion of potential outcomes, for which we must prepare when developing an investment plan, still exists. It’s also why an investment plan should include what we call Plan B, a contingency plan that lists the actions to take if financial assets were ...
by Broken Man 1999
Sat Jun 30, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Bogleheads approach to hair loss?
Replies: 15
Views: 957

Re: Bogleheads approach to hair loss?

I figure if my hair dislikes me so much that it leaves, I will not ask it back!

After all I have done for it over the years, and this is my reward? :x

Broken Man 1999
by Broken Man 1999
Fri Jun 29, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Does It Make Sense to Wait to Claim SocSec?
Replies: 62
Views: 6782

Re: Does It Make Sense to Wait to Claim SocSec?

When wife was thinking about drawing her SS at 62, we set up an appointment with the local SS office to get the facts together. A very helpful and knowledgeable SS staffer was able to determine how long it would take to make waiting until 67, or even 70 a better deal than drawing at 62. It worked ou...
by Broken Man 1999
Fri Jun 29, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: [Do you subscribe to Consumer Reports?]
Replies: 31
Views: 2822

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

I am currently subscribed, along with paying for subscriptions for daughters, but these current subscriptions are the last rodeo. It seems every time I want to check anything, the model I am looking to check out isn't covered, but earlier models, sometimes no longer available, are covered. Their tes...
by Broken Man 1999
Thu Jun 28, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Okay to paint exterior brick?
Replies: 39
Views: 3290

Re: Okay to paint exterior brick?

Wow! I have never seen a brick and flagstone combo! It was hideous, IMHO! I think most anything you could have done with the areas would have been an improvement. I have a brick home, and I think it is beautiful, but I see why you did what you did. I just can't fathom why the original builder would ...
by Broken Man 1999
Thu Jun 28, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Will? Trust? Other?
Replies: 12
Views: 613

Re: Will? Trust? Other?

Thanks for all the info/suggestions! delamer, we have a Vanguard deferred annuity that has enjoyed terrific run-up in value. We She will annuitize it eventually, probably if/when I pass. bsteiner, wife and I, as well as all daughters live in Florida. Both of us turn(ed) 65 this year, she is one mont...
by Broken Man 1999
Thu Jun 28, 2018 2:56 pm
Forum: Investing - Theory, News & General
Topic: "homemade dividends" from Total Stock Market fund
Replies: 135
Views: 8696

Re: "homemade dividends" from Total Stock Market fund

In one of Larry Swedroe's books he offered up an idea why some investors prefer dividends (instead of selling shares) that made a lot of sense to me. His thought was if shares are sold, investors can second-guess themselves, and can have remorse if they sell into a down market. OTOH, dividends do no...
by Broken Man 1999
Thu Jun 28, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Will? Trust? Other?
Replies: 12
Views: 613

Re: Will? Trust? Other?

SNIP.....If you are very concerned about others exercising undue influence on her, then you may need to limit her ability to do these things. You could save a lot of money if you had a trusted competent individual who could serve as trustee. If that person were a close family member they may not ch...
by Broken Man 1999
Thu Jun 28, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Will? Trust? Other?
Replies: 12
Views: 613

Re: Will? Trust? Other?

Is your major concern that your wife isn’t able to or interested in managing investments?<br abp="339"><br abp="340">Or are you equally concerned that she will overspend and find herself in a bad financial situation? My fear is she will be taken advantage of, or make poor decisions. She is not one ...
by Broken Man 1999
Thu Jun 28, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Will? Trust? Other?
Replies: 12
Views: 613

Will? Trust? Other?

Wife and I are meeting with an estate and trust lawyer soon, hopefully to nail down our estate plans. Because of my wife's absolute disinterest in matters of the financial persuasion, I am looking for an estate vehicle that will accomplish a few things: 1. Protect wife from opportunistic individuals...
by Broken Man 1999
Thu Jun 28, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: How many months of living expenses would you keep in your bank.
Replies: 61
Views: 3932

Re: How many months of living expenses would you keep in your bank.

We keep one month of living expenses in the credit union. Yesterday I transferred enough $$$ for July's expenses. Since most spending is paid for by 2% cashback credit card, we seldom have to transfer additional $$$ into credit union for the bills after our initial transfer. We pretty much know what...
by Broken Man 1999
Tue Jun 26, 2018 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Inflation Rate, isn't it personal?
Replies: 49
Views: 3558

Re: Inflation Rate, isn't it personal?

The Federal Reserve Bank of Atlanta has a program named mycpi that offers perhaps a better estimation of your actual inflation. Of course no matter how many factors are used, the rate is still an estimation. The myCPI tool captures the uniqueness of the selection of goods that individuals purchase. ...
by Broken Man 1999
Tue Jun 26, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Planning for children
Replies: 18
Views: 1573

Re: Planning for children

I would rank wills/estate planning and disability insurance above life insurance and rank all three of those things before 529 plans. Yes! Disability may cause a double whammy to your standard of living. First, your income stream might vanish. Then, you might have additional costs necessary to take...
by Broken Man 1999
Sat Jun 23, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can One Keep Trial Deposits?
Replies: 30
Views: 4552

Re: Can One Keep Trial Deposits?

Vanguard definitely takes them back. Earlier this month we removed a joint bank account and added wife's account. The small sums were removed after she acknowledged she received them.

Good for Vanguard! Why waste funds?

Broken Man 1999
by Broken Man 1999
Fri Jun 22, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 161
Views: 14722

Re: Did you celebrate when you finally hit $1m?

We never celebrated, like many others on the board. Made mental note, and moved on. Besides, we have hit that bogey more than once, maybe three times, as the market that gives can also take away. :oops: I will be very excited if we meet our next major milestone. There is a good chance I'll actually ...
by Broken Man 1999
Thu Jun 21, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: HVAC installer just asked to borrow money..
Replies: 10
Views: 2115

Re: HVAC installer just asked to borrow money..

I had something similiar happen, and I've never had this happen before, in all my ~15 years of home ownership. We got four bids on wood floors and choose one based on quality, communication, and price. Entire install went absolutely perfect - quality, timeliness, cleanliness. I was thrilled. We pai...
by Broken Man 1999
Thu Jun 21, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 73
Views: 8262

Re: Do you invest in Real Estate ? Why ?

Yes. We own our home, and I have some shares of Vanguard's REIT ETF, VNQ. IF I had much more money, and IF I could have enough holdings to make a property manager worthwhile, I would certainly consider real estate as a holding, via rental units. Otherwise, not interested in RE, other than what forms...