Search found 1117 matches

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: 76
Views: 5094

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: 1939

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: 61
Views: 5412

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...
by Broken Man 1999
Wed Jun 20, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Gifting trip for inlaws
Replies: 13
Views: 1177

Re: Gifting trip for inlaws

AFAIK, there is a lot of opportunity for live country music shows in Branson. Nashville, TN might be more to their liking. Grand Ole Opry maybe? Probably a museum there, some live music venues as well. The current (new) country music is just a skip away from pop, IMHO. Lots of crossover, for sure. B...
by Broken Man 1999
Wed Jun 20, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: How to evaluate charities to donate to?
Replies: 36
Views: 1154

Re: How to evaluate charities to donate to?

I'm satisfied with the vetting that Charity Navigator does. For the most part, though, our funds stay local. One local charity earned perfect scores with Charity Navigator, Big Cat Rescue . They are sometimes the last stop for these animals, often acquired when some fool can no longer afford to feed...
by Broken Man 1999
Wed Jun 20, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 46
Views: 4878

Re: General Electric booted from Dow Jones Industrial Average

WhiteMaxima wrote:
Wed Jun 20, 2018 10:40 am
GE could break up into GE aviation, GE health, GE power, GE appliance.
GE appliances are gone. Haier (Chinese company) owns them currently.

Broken Man 1999
by Broken Man 1999
Wed Jun 20, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: Storing Sustenance for Disasters
Replies: 28
Views: 1904

Re: Storing Sustenance for Disasters

We have enough food in our pantry, such as Costco canned chicken and tuna, along with plenty of dry pasta, other can goods to last a couple of weeks easily. Though, our first source of food after our most likely disaster (hurricane) would be frozen foods subject to defrosting. Last time we lost powe...
by Broken Man 1999
Wed Jun 20, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: Cataract surgery - one or two?
Replies: 31
Views: 1081

Re: Cataract surgery - one or two?

Wife had one eye done a month or so ago, other eye scheduled for late July. Wife was 64 for first eye, she will be 65 for second eye.

Double eye surgery wouldn't be for the faint of heart, IMHO.

We are OK paying more for separate surgery dates.

Broken Man 1999
by Broken Man 1999
Wed Jun 20, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Battle Of Passive Strategies
Replies: 62
Views: 5596

Re: Larry Swedroe: The Battle Of Passive Strategies

I agree with the article's conclusion that so far, results have supported his book's contention that: 1) passive beats active; and 2) tilting towards size and/or value is superior to Total Stock Market. What I'm unclear about in his article is that he also pushes the case that using DFA funds to ti...
by Broken Man 1999
Wed Jun 20, 2018 8:21 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7460

Re: Which Supermarket are you?

Ha! It had to happen some day, I guess! Today's fish wrapper tells me my go-to supermarket Publix is trialing valet service. Instead of schlepping in from the outer edges of the broiling parking lot, you drive up to the entrance of the store, throw your keys to the valet, grab your ticket, and go sh...
by Broken Man 1999
Tue Jun 19, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 117
Views: 8967

Re: How much (green) cash at home for emergency ?

In Florida, it's best to have 8 or 10 red (or yellow) five-gallon containers of fuel for your car at home. When times get tough, merely having lots of cash won't help in this department... Never heard that before, and I’ve lived in Florida much of my life. Sounds like a potential disaster to me. We...
by Broken Man 1999
Tue Jun 19, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 124
Views: 6734

Re: gray hair

No remaining strands of brown hair left, only grey, white, and a growing visible scalp. My hair and old friends/relatives are leaving me steadily as each year passes. I'm not sure whether my front hairline will reach the top of my head before the growing bald spot on the back of my head. Seems a rac...
by Broken Man 1999
Mon Jun 18, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7460

Re: Which Supermarket are you?

Publix for us, along with some things from Costco. The stores are clean, employees are friendly and helpful, and prices are fine, considering their frequent BOGO deals. Their private label products do not disappoint, every bit as good as the major labels, IMHO. Every time I visit Florida, I've foun...
by Broken Man 1999
Mon Jun 18, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7460

Re: Which Supermarket are you?

Publix for us, along with some things from Costco. The stores are clean, employees are friendly and helpful, and prices are fine, considering their frequent BOGO deals. Their private label products do not disappoint, every bit as good as the major labels, IMHO. A Publix founding family member hosted...
by Broken Man 1999
Sun Jun 17, 2018 9:28 am
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 34
Views: 2875

Re: How do you read books?

I read every book start to finish, though I will deviate if a section /chapter doesn't interest me, perhaps a finance book has a chapter on something I have no interest/need in reading. Typically I have three of four books in progress at one time, as some of the finance books are very dry, and I hav...
by Broken Man 1999
Fri Jun 15, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3566

Re: Non-alcoholic drinks for wedding

Wife and I had a dry wedding, as we weren't old enough to drink legally! :oops: We had open bars at all of our children's weddings. Beer, wine, and spirits were free and unlimited. One daughter's fiancée was from Wisconsin, and expressed some concern during planning about only having two kegs of bee...
by Broken Man 1999
Thu Jun 14, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 46
Views: 2345

Re: Question for those who used 529 plans

Although I have not yet used my grandchildren's 529 plans, I believe they will grow at the rate of like investments say in an IRA, or 401k plan, depending on the particular AA I have chosen. Since a 529 can pretty much be invested in so many different options, I have chosen Vanguard Aggressive Age-B...
by Broken Man 1999
Thu Jun 14, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Living on Your Investments? What Happens When a Bear Market Hits?
Replies: 53
Views: 7492

Re: Living on Your Investments? What Happens When a Bear Market Hits?

I just wanted to test Ken Moraif's assertion and he's right. A person who retired in 2000 with $1 million, used the 4% SWR method (adjusted for inflation), and had an AA of 100% equity , he'd be broke this year. However, even though staying the course has its dangers, I still think it's less danger...
by Broken Man 1999
Thu Jun 14, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: Requested rollover overnight envelope 6/4..don't have 6/13
Replies: 6
Views: 523

Re: Requested rollover overnight envelope 6/4..don't have 6/13

Perhaps they mailed your "overnight envelope" via regular first-class mail.

Or did you expect them to mail your "overnight envelope" in an overnight envelope?

Broken Man 1999
by Broken Man 1999
Tue Jun 12, 2018 7:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - You'll need to sign up for security codes soon
Replies: 41
Views: 5837

Re: Vaguard - You'll need to sign up for security codes soon

Should people be posting how they generate passwords for their financial holdings? I see no danger, you are sharing/discussing methods, not actual passwords. Typically I use my password keeper to generate the absolute largest password the particular entity will allow. I have adopted the Vanguard op...
by Broken Man 1999
Tue Jun 12, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard -Data Concerns
Replies: 29
Views: 2215

Re: Vanguard -Data Concerns

Under NO circumstances should a mutual fund company post a phony price as a placeholder to beat a time deadline. I agree; I would be perfectly happy if they waited and rolled their web site much later to make sure the update was correct. Maybe they should push their roll to something like 3am the n...
by Broken Man 1999
Mon Jun 11, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Investing when someone else gets all dividends
Replies: 80
Views: 4759

Re: Investing when someone else gets all dividends

I am helping with investment decisions for a family trust that has an unusual setup. The trust is co-owned by three family members who have control over investment decisions but can make no withdrawals. All dividends and interest generated by the trust are required to be distributed to a fourth par...
by Broken Man 1999
Mon Jun 11, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: WSJ-- Next Stop for Mutual-Fund Fees: Zero
Replies: 40
Views: 4196

Re: WSJ-- Next Stop for Mutual-Fund Fees: Zero

Why are there Bogleheads here saying they don't mind it not being 0? :shock: If the difference between what it is now and zero is "miniscule" or "noise," then why not just have it be zero? I don't mind Vanguard's efforts, and I would most likely be happy even if I could get my services for zero cos...
by Broken Man 1999
Mon Jun 11, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: WSJ-- Next Stop for Mutual-Fund Fees: Zero
Replies: 40
Views: 4196

Re: WSJ-- Next Stop for Mutual-Fund Fees: Zero

From OP's original link: ......Third, mutual funds are increasingly finding that they can generate income from nonfee sources. In fiscal 2017, the Vanguard Total Stock Market Index Fund earned more than 63% of its expenses by lending securities.... [/b] That is pretty darn amazing to read, at least ...
by Broken Man 1999
Mon Jun 11, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: WSJ-- Next Stop for Mutual-Fund Fees: Zero
Replies: 40
Views: 4196

Re: WSJ-- Next Stop for Mutual-Fund Fees: Zero

I don't think going from 3 basis points to none is going to make a difference to anyone. It's just psychological. It may attract some headlines. (ETFs from iShares and Schwab have this 3 basis point charge already.) Yeah, I'm with you. I have occasionally calculated our total investing expense, and...
by Broken Man 1999
Mon Jun 11, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: The effect of a difficult last name on employment prospects...
Replies: 43
Views: 3514

Re: The effect of a difficult last name on employment prospects...

We had a young couple as neighbors for a bit. The young man was in medical school, and just prior to finishing his studies, he told us that from now on he would be known as Joe Smith (not really, just a name that would be very much like it) as he believed that his given name would put off some patie...
by Broken Man 1999
Sun Jun 10, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads' College Philosophy question
Replies: 68
Views: 3584

Re: Bogleheads' College Philosophy question

My undergraduate, and graduate degrees were both paid for almost totally by MegaCorp. As well, same MegaCorp paid for wife's AA degree. My undergraduate degree was earned 10 years after I graduated from HS. My main driver was to earn my degree PRIOR to attending our 10 year HS class reunion. And I d...
by Broken Man 1999
Sun Jun 10, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Are insurance rates non-negotiable/fixed?
Replies: 13
Views: 548

Re: Are insurance rates non-negotiable/fixed?

I've tried negotiating rates. It became a discussion about making sure that I have all applicable discounts applied. I sent him a copy of my diploma and received a scientist discount, lol. I also dropped some of the unnecessary coverages in their standard package. Same here. My auto insurance is wi...
by Broken Man 1999
Sat Jun 09, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: AT&T lower-cost data alternatives (is Sprint's $15/mth worth it)?
Replies: 27
Views: 2140

Re: AT&T lower-cost data alternatives (is Sprint's $15/mth worth it)?

Looks like Sprint covers your goals nicely. 1. $47/month for two lines? Sounds great! 2. Unlimited data? Also great! 3. No sharable data? Why would you need to share if your plan is unlimited data? 4. Covers switching costs? Great! Are you sure the $47/month is for BOTH Lines? Do you have to sign an...
by Broken Man 1999
Sat Jun 09, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Mea culpa - market-timing with REITs - what to do now?
Replies: 25
Views: 2818

Re: Mea culpa - market-timing with REITs - what to do now?

Reducing the Risk of Black Swans: Using the Science of Investing to Capture Returns with Less Volatility, 2018 EditionFeb 14, 2018 by Larry Swedroe and Kevin Grogan has some recent studies in Appendix C. The Role of REITS in a Diversified Portfolio . Simple conclusion I drew after reading the info,...
by Broken Man 1999
Sat Jun 09, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Title company asking for another warranty deed?
Replies: 12
Views: 1095

Re: Title company asking for another warranty deed?

Seem not a lot of effort to be nice.

Why not help? Who knows, maybe one day you will need a favor.

Not everything we do is strictly done because we are obligated.

Broken Man 1999
by Broken Man 1999
Fri Jun 08, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 222
Views: 31305

Re: Vanguard upgraded my accounts - angry [Brokerage Services]

I am in the brokerage platform, and all my appropriate accounts are named "brokerage" Example: Broken Man - Rollover IRA Brokerage Account -xxxxxxxx (x being account number) I have not checked every single screen, but the ones I have checked where the account is listed, all accounts except our varia...
by Broken Man 1999
Fri Jun 08, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Death - Prediction
Replies: 63
Views: 3785

Re: Death - Prediction

OP, My older brother passed his full physical exam with flying color. Then, he fainted in the bathroom and he was rushed to emergency room. They found an inoperable brain tumor in his head. He died a few months later. I know that I live now. And, I will enjoy what I can now. It is pointless to pred...
by Broken Man 1999
Thu Jun 07, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Yes, you can diversify a market portfolio
Replies: 190
Views: 9394

Re: Yes, you can diversify a market portfolio

Ah, this is a good thread! I would suggest anyone who wants to learn more about factor investing should pick up copies of Larry Swedroe's latest two books, and read them both. Then read them both again. And even once again. Reducing the Risk of Black Swans: Using the Science of Investing to Capture ...
by Broken Man 1999
Thu Jun 07, 2018 11:14 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau’s new book: How Much Can I Spend in Retirement?
Replies: 58
Views: 14733

Re: Wade Pfau’s new book: How Much Can I Spend in Retirement?

I typically purchase books of interest like Mr. Pfau's and Mr McClung's offerings. And, I've pretty much read all of Mr Swedroe's books. Though there is a lot of duplication, I do find something of interest in most anything I read from these authors. I might or might not select specific actions sugg...
by Broken Man 1999
Thu Jun 07, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: Don’t cheat yourself with the 4% rule
Replies: 159
Views: 17955

Re: Don’t cheat yourself with the 4% r

“I’m planning on a 2.5% [1.5%...0.5%...] portfolio withdrawal rate” is more an implicit brag about the size of poster’s portfolio than a reasoned objection to the so-called 4% rule. ... Does the 4% rule apply to affluent retirees: those with several millions, tens of millions and beyond? The short ...
by Broken Man 1999
Wed Jun 06, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Marketing [Transition to brokerage account]
Replies: 16
Views: 1168

Re: Vanguard Marketing

I very willingly converted some time ago. The rep I had called set up all our external banking accounts, and it was a painless exercise for me. Because I moved to the new platform, I was able to get rid of two accounts as now we can have my few individual stocks and mutual funds in one account, rath...
by Broken Man 1999
Wed Jun 06, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: New Medicare card
Replies: 28
Views: 1700

Re: New Medicare card

nisiprius wrote:
Wed Jun 06, 2018 10:17 am
Anyone know if there are any plans to fix the Social Security numbering system?
What is wrong with the SS numbering system?

Broken Man 1999
by Broken Man 1999
Tue Jun 05, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: New Medicare card
Replies: 28
Views: 1700

Re: New Medicare card

Didn't get my new card yet, but, logged on to my online SS account and looked at my Benefit letter and my new number is on the Benefit letter, something those who didn't get their new card yet, either, to look at. Yep, I see my new number as well. Had to first receive a security code, then update m...
by Broken Man 1999
Tue Jun 05, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: Best case to convert a Bogle skeptic?
Replies: 56
Views: 4852

Re: Best case to convert a Bogle skeptic?

It's hard to convince someone that their life's work was total crap. Yes, IMHO it would be disrespectful, for sure. AND, there is this from OP's first post: "My father is a retired Merrill Lynch financial advisor who genuinely believes advising services add real value and is paying his own ML advis...
by Broken Man 1999
Tue Jun 05, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Annuitizing a deferred / variable annuity?
Replies: 41
Views: 2018

Re: Annuitizing a deferred / variable annuity?

When/if, our Vanguard variable annuity is annuitized, it will be taxed on the gains from the initial purchase. However, the money used for the initial amount put into the annuity was never taxed. Right now the initial amount placed in the annuity has quadrupled+. My reason for buying the annuity was...
by Broken Man 1999
Tue Jun 05, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Employer-subsidized retiree health insurance questions
Replies: 19
Views: 1178

Re: Employer-subsidized retiree health insurance questions

I have subsidized retiree insurance for wife and I. The amount I pay is $52.50/month for both of us, plus the Medicare Part B premium of $134 each/month. That provides dental, vision, and medical insurance. So far MegaCorp has provided excellent insurance plans for their retirees, but, as with many,...
by Broken Man 1999
Mon Jun 04, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on changing job to lower title for the experience?
Replies: 22
Views: 774

Re: Thoughts on changing job to lower title for the experience?

Dollars you can spend, titles, not so much. Bottom line the new job gives you the experience you are seeking, so if you are truly desiring the exposure, I would certainly accept the new position. In my MegaCorp career I sometimes had weird titles mainly to access higher pay bands. Mattered not to me...
by Broken Man 1999
Sun Jun 03, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity with survivor or not
Replies: 13
Views: 1146

Re: Annuity with survivor or not

My retirement was offered as an annuity, or lump sum. Though I took lump sum, IF I had chosen an annuity, I would have chosen one with a 100% survivor payments. The difference in the monthly annuity amount was not very much lower, but the survivor's payment would have protected my wife's standard of...
by Broken Man 1999
Sun Jun 03, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage Plan: HumanaChoice Florida PPO.
Replies: 10
Views: 716

Re: Medicare Advantage Plan: HumanaChoice Florida PPO.

PPOs allow out of network health care. So, with a PPO you have their network, and also can go out of network. Sometimes there is addition $$ required, but I just checked my coverage and the biggest difference was instead of an in network MD visit being $5, an out of network MD visit is $20. Most eve...
by Broken Man 1999
Sun Jun 03, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Tool board for basement - plywood or pegboard?
Replies: 30
Views: 1859

Re: Tool board for basement - plywood or pegboard?

If you want to go fancy, there are systems that are basically boards with grooves that hooks/hangers are slid into. They are much more expensive than a plywood sheet or a pegboard, but some folks like a sharp looking garage. Me, I like pegboards. Simple, cheap, very versatile with scads of possible ...
by Broken Man 1999
Sun Jun 03, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Can a physician work in tech while practicing as well?
Replies: 57
Views: 3776

Re: Can a physician work in tech while practicing as well?

My take is your plan is different, but you could probably do it. Never underestimate some people's drive/ambition. However, I would think much, if any of a social life would be very difficult to achieve. If you have, or find a significant other, look for one who only wants to spend your money, as I ...
by Broken Man 1999
Sat Jun 02, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Grandparent-Owned 529's a bad idea?
Replies: 27
Views: 2911

Re: Grandparent-Owned 529's a bad idea?

likegarden wrote:
Sat Jun 02, 2018 7:52 am
Grandparents' owned 529s are accessible by Medicaid should they ever need it, may get drained quickly by Long Term Care.
But, isn't it true that the 529 plan is treated like any other gift, with just a 5 year look back?

I thought I read that info somewhere.

Broken Man 1999
by Broken Man 1999
Sat Jun 02, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: For large 529 accounts, what is your succession plan?
Replies: 10
Views: 1173

Re: For large 529 accounts, what is your succession plan?

At first I designated my wife as successor, but then I changed all the 529 plan successors to the grandchildren's mothers.

Since wife and I are the same age, I figured a younger successor might be a better idea.

Broken Man 1999
by Broken Man 1999
Wed May 30, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Fitting three young kids in the car...
Replies: 76
Views: 4945

Re: Fitting three young kids in the car...

When our daughters were young, we had a Chevy conversion van. They had the choice of one of the captains chairs in the second row of seats, or the large sofa as the third row. Once the selections were made, no daughter had to touch any other daughter. Blissful travel. There was a TV with a DVD playe...