Search found 4495 matches

by mptfan
Fri Jul 20, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Telemarketing calls from my own prefix
Replies: 55
Views: 4403

Re: Telemarketing calls from my own prefix

I got a call recently from an uknown number which included my local area code, so I answered out of curiousity. A female voice spoke with an Indian accent and claimed that she was from [insert name of local city], however, she pronounced the name of the local city incorrectly, in a way that would be...
by mptfan
Fri Jul 20, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 59
Views: 6505

Re: I may have understood why it's so hard to save and invest

unclescrooge wrote:
Thu Jul 19, 2018 11:58 am
Also, a journey of a thousand miles begins with a single step.
Wow, that's profound, can I use that?
by mptfan
Fri Jul 20, 2018 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 94
Views: 5618

Re: How do you handle the urge to DO something?

And why would someone with a simple portfolio have to make the tweaks? No one has to make tweaks, that's not the point. The point is how to deal with the urge to make tweaks? We are human (well at least I know I am), and we have human urges whether those urges are rational or optimal or otherwise a...
by mptfan
Fri Jul 20, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 94
Views: 5618

Re: How do you handle the urge to DO something?

blackfish wrote:
Wed Jul 18, 2018 7:17 am
How do you handle the urge to constantly tweak things?
I divert the urge into creating and fiddling with and tweaking spreadsheets to track my spending / account balances / investments.
by mptfan
Fri Jul 20, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Is my umbrella policy over priced?
Replies: 19
Views: 1234

Re: Is my umbrella policy over priced?

BBQ Nut wrote:
Fri Jul 20, 2018 10:36 am
Just got our umbrella policy renewal notice, and am wondering if others are getting better premium prices.
Why are you insuring your umbrella, how expensive is it?
8-)
by mptfan
Fri Jul 20, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 111
Views: 12548

Re: Saving 20% of paycheck isn't enough

It is also rather disappointing that you can not not make your argument on its own merits. Rather you felt it necessary to engage in a passive aggressive Ad hominem/Ad populum logical fallacy attack. I don't know what all of that means, I did not intend to attack, I intended to point out the mistak...
by mptfan
Fri Jul 20, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 111
Views: 12548

Re: Saving 20% of paycheck isn't enough

Isn't enough for what exactly? It's a rule of thumb that implies you will work until the retirement age and start pulling out social security benefits immediately. It also implies you will withdraw about 80% of your income every year and maintain your standard of living. So someone that makes 200k ...
by mptfan
Fri Jul 20, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 88
Views: 5615

Re: Families - What's your total annual credit card spend?

naclt wrote:
Fri Jul 20, 2018 11:26 am
I think paying utilities by bill pay is one of my last remaining “old school” habits.
I do the same and I don't think it's old school, bill pay has only been around for less than 15 years or so.
by mptfan
Fri Jul 20, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Why Take Risk on Equity Side?
Replies: 77
Views: 4631

Re: Why Take Risk on Equity Side?

GrowthSeeker wrote:
Fri Jul 20, 2018 9:39 am
Does anyone know what percent of this fund/ETF [Vanguard Total Bond Market Fund] is HY corporate bonds?
(Maybe it is minuscule.)
Yes, it is 0%.
by mptfan
Fri Jul 20, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Fake IRS calls - anybody care?
Replies: 59
Views: 2694

Re: Fake IRS calls - anybody care?

munemaker wrote:
Fri Jul 20, 2018 8:05 am
Does anyone fall for these stupid scam calls? The word has been out on this for years.
Yes, people still fall for these scams, or else they would stop.
by mptfan
Fri Jul 20, 2018 7:43 am
Forum: Personal Consumer Issues
Topic: Fake IRS calls - anybody care?
Replies: 59
Views: 2694

Re: Fake IRS calls - anybody care?

I ain't stupid enough to fall for these scams. I can't believe a lot of people fall for this. I can't believe it either. I know of a person who is a well educated professional who almost fell for such a scam. A scammer called him on his cell phone and they told him there was a federal warrant and h...
by mptfan
Thu Jul 19, 2018 11:36 pm
Forum: Forum Issues and Administration
Topic: Improving the Bogleheads forum
Replies: 115
Views: 14187

Re: Improving the Bogleheads forum

miles monroe wrote:
Fri Aug 19, 2016 2:50 pm
automatically get rid of +1.
+1
by mptfan
Thu Jul 19, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: Why Take Risk on Equity Side?
Replies: 77
Views: 4631

Re: Why Take Risk on Equity Side?

I have been an advocate of "taking your risk on the equity side." However, I noticed that from 1979-2018 (the maximum time period that Portfolio Visualizer has data) the risk-adjusted return for high-yield corporate bonds in actually slightly higher than the risk-adjusted return for the US stock ma...
by mptfan
Wed Jul 18, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement
Replies: 67
Views: 5409

Re: New Vanguard Security Code Requirement

BL wrote:
Wed Jul 18, 2018 12:01 am
Can it remember all of your computers if you go through the process once with each one?
Yes.
by mptfan
Tue Jul 17, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 88
Views: 5615

Re: Families - What's your total annual credit card spend?

Grt2bOutdoors wrote:
Mon Jul 16, 2018 8:24 pm
livesoft wrote:
Mon Jul 16, 2018 6:48 pm
We pay almost everything with a credit card: phone bills, other utilities, insurance, college tuition, plus all the usual stuff. We try to never ever use cash for anything. So about $17 a year.
Seventeen dollars!?? Sign me up! I can retire in 5 years at that rate of spending.
LOL.
by mptfan
Tue Jul 17, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement
Replies: 67
Views: 5409

Re: New Vanguard Security Code Requirement

Just got a notification that Vanguard is implementing mandatory 2 factor authentication procedures. I've worked in IT security and absolutely hate this feature. I don't work in IT but I like 2 factor authentication, I think it's a worthwhile precaution and Vanguard should be praised for taking step...
by mptfan
Tue Jul 17, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 115
Views: 6485

Re: Anyone not have a Budget?

I don't have a budget, but I do track my spending by category using a home made spreadsheet.
by mptfan
Mon Jul 16, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Passport expiration time rules for France
Replies: 33
Views: 2016

Re: Passport expiration time rules for France

For what it's worth, I renewed my passport last year and I got the new one in three weeks, and I paid the normal fee, no expedite.
by mptfan
Mon Jul 16, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: How much did your braces/invisalign braces cost?
Replies: 32
Views: 2552

Re: How much did your braces/invisalign braces cost?

Two years ago I negotiated directly with the dentist a paid up front price by check of $4,000 after he quoted $4,900 for regular braces, not invisible. It seems that most people pay over time or arrange for financing, and I was able to get a signficant discount by paying in full up front by check.
by mptfan
Mon Jul 16, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: For those of you who handle all the finances, how do you keep your spouse "in the know"
Replies: 107
Views: 12620

Re: For those of you who handle all the finances, how do you keep your spouse "in the know"

I also realized it's my personal e-mail that is used for all of the two step verification, and for better or worse that's "mine" and not something I plan on giving access to her...sort of the same way I wouldn't read her journal/go through her e-mails/log into her Facebook account. You refuse to gi...
by mptfan
Mon Jul 16, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 65
Views: 3694

Re: Are Credit Cards Actually Convenient?

Another “no, this is not normal” answer from me. +1 I remember many years ago when I got a new Amex card I was declined at a gas station far away from my home after I had paid for gas the day before (I had driven very far and needed gas again), apparently they thought it was suspicious that I was p...
by mptfan
Sun Jul 15, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Take 5% of Folio age 75 Onward?
Replies: 13
Views: 1451

Re: Take 5% of Folio age 75 Onward?

I think you would be fine with 5% even before age 75, and I think 3% is too low before 75 and 5% is a bit low after 75, you would probably be fine with 6 or 7 or 8%. How long do the life expectancy tables say you will live? 10-12 years?
by mptfan
Sun Jul 15, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: For those of you who handle all the finances, how do you keep your spouse "in the know"
Replies: 107
Views: 12620

Re: For those of you who handle all the finances, how do you keep your spouse "in the know"

I also realized it's my personal e-mail that is used for all of the two step verification, and for better or worse that's "mine" and not something I plan on giving access to her...sort of the same way I wouldn't read her journal/go through her e-mails/log into her Facebook account. You refuse to gi...
by mptfan
Sat Jul 14, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?
Replies: 12
Views: 888

Re: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?

But, in contrast to the credit card companies who are really good with this, I was amazed how clumsy and flat-footed Chase Banking was in their reaction to this obvious fraud. So we now have a lot less confidence that a brokerage house will fix this with credit card-like turnaround time or effectiv...
by mptfan
Sat Jul 14, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 111
Views: 12548

Re: Saving 20% of paycheck isn't enough

I want to have $600,000 by age 50, which will get me a 4% SWR of $24,000 or $2,000/month. With no mortgage (I also have to have the mortgage paid off before retirement), I should be able to get our expenses way under $2,000/month. I'm expecting something like (in 2018 dollars): $200 utilities, $200...
by mptfan
Sat Jul 14, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?
Replies: 12
Views: 888

Re: If my brokerage debit card is used fraudulently, who's responsible for margin interest charges?

I will never have another debit card. Specifically asked for just a vanilla ATM replacement card -- would at least limit future theft to $1000 a day per account. But guess what just showed up in the mail...? I agree, I will never have a debit card that can be used for purchases either. In my opinio...
by mptfan
Fri Jul 13, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9467

Re: When does frugal cross the line to cheapskate?

Grt2bOutdoors wrote:
Fri Jul 13, 2018 5:08 pm
I don’t tip the taxing authority either.
Neither do I, I tip the waitstaff.
by mptfan
Fri Jul 13, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 9467

Re: When does frugal cross the line to cheapskate?

My ex-MIL would order water at a restaurant with ice and extra lemon, then she would squeeze the lemons into the water and add sugar from the sugar packets on the table (or ask for sugar) and make what I would refer to as "cheapskate lemonade." I think that crosses the line to cheap and it always em...
by mptfan
Fri Jul 13, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 342
Views: 10501

Re: COMING SOON: BOGLEHEADS PODCASTS

SelfEmployed123 wrote:
Fri Jul 13, 2018 9:15 am
I'm thinking now that you might as well just call the podcast: Bogleheads Guide To Investing. That name would keep your brand consistent and naturally lead people to your books and vice versa. No need to make it too complicated.
I wish I came up with this idea first, but I like it!
by mptfan
Thu Jul 12, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 342
Views: 10501

Re: COMING SOON: BOGLEHEADS PODCASTS

Investing with the Bogleheads.

Investing like a Boglehead.

Investing the Boglehead way.

Bogleheads on Investing.

Bogleheads Investing.

Bogleheads and Investing.
by mptfan
Thu Jul 12, 2018 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Grandpa's 88 and has term life insurance
Replies: 39
Views: 2854

Re: Grandpa's 88 and has term life insurance

One guy I know purchased life insurance with his only daughter as the beneficiary. He was worried that his second wife (the daughter's step-mother) would disinherit the daughter after he passed, but was afraid to amend the will to account for it. Assuming most of his assets are in financial account...
by mptfan
Thu Jul 12, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Credit score after becoming debt free?
Replies: 44
Views: 2908

Re: Credit score after becoming debt free?

Spirit Rider, I'm not sure if you are arguing in support of my position or against?
by mptfan
Thu Jul 12, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Credit score after becoming debt free?
Replies: 44
Views: 2908

Re: Credit score after becoming debt free?

Hmm, okay. So you worked hard and used up your source of readily available cash to become totally debt free and are very proud of it. And now you would choose to become indebted yet again because you may not have enough readily available cash to avoid tax penalties? I sometimes wonder if some folks...
by mptfan
Wed Jul 11, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score after becoming debt free?
Replies: 44
Views: 2908

Re: Credit score after becoming debt free?

JoeRetire wrote:
Wed Jul 11, 2018 6:56 pm
Why would you choose to go into debt again?
To buy a house in the event I do not have enough readily available cash to pay for it without incurring tax penalties.
by mptfan
Wed Jul 11, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score after becoming debt free?
Replies: 44
Views: 2908

Credit score after becoming debt free?

I am proud to say that I am now debt free, completely debt free including no mortgage and no debt of any kind. I can't really talk about it with most people for the fear of coming across as bragging and creating resentment, this is about the only place I can talk about it. Here is my question...now ...
by mptfan
Tue Jul 10, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the median income of Bogleheads?
Replies: 29
Views: 3208

Re: What’s the median income of Bogleheads?

masonstone wrote:
Tue Jul 10, 2018 1:41 pm
150K is about 3 times the median income of households in the U.S.
The median household income in the U.S. was $59,039 in 2016 according to the census bureau. $150,000 in household income is 2.5 times that figure.
by mptfan
Mon Jul 09, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: What bond funds do you use for taxable accounts?
Replies: 20
Views: 2180

Re: What bond funds do you use for taxable accounts?

I use Schwab Tax Free Bond Fund (SWNTX).
by mptfan
Sun Jul 08, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Why visa
Replies: 55
Views: 5451

Re: Why visa

What difference? Nothing anyone has written other than it’s their money vs your money carries any water. So you admit that there is a difference between it being their money vs. being your money while you simultaneously claim that you "literally see no difference." That is hypocrisy. Also, the regu...
by mptfan
Sun Jul 08, 2018 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Why visa
Replies: 55
Views: 5451

Re: Why visa

Yes. I do. I literally see no difference. You have not pointed out anything different. I worked in banking for years and have used both products.If you want to believe the credit card companies go right ahead, unfortunately that doesn’t make you correct. It baffles me why anyone would argue this po...
by mptfan
Thu Jul 05, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: When is ok to change your IPS?
Replies: 21
Views: 1232

Re: When is ok to change your IPS?

Huskiez wrote:
Wed Jul 04, 2018 4:07 pm
Yes, I have written into my IPS that I will not implement any changes until a three month waiting period has elapsed.
I'm curious, who enforces that waiting period? What if you make changes before the waiting period elapses?
by mptfan
Thu Jul 05, 2018 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: When is ok to change your IPS?
Replies: 21
Views: 1232

Re: When is ok to change your IPS?

munemaker wrote:
Wed Jul 04, 2018 5:21 pm
It is still mostly a free country. Change it anytime you like.
+1
by mptfan
Sun Jul 01, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Experienced with Credit Card Fraud ? Need Advice
Replies: 21
Views: 2074

Re: Anyone Experienced with Credit Card Fraud ? Need Advice

mikeast wrote:
Sun Jul 01, 2018 6:47 am
I am thinking now that I should drop it since I am not out any money and let this person's firing be punishment
enough.
I agree.
by mptfan
Sun Jul 01, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: Men's Cologne
Replies: 66
Views: 5785

Re: Men's Cologne

Husband works in an office and is 52. Wears Green Irish Tweed by Creed, La Nuit, and Legend Spirit by Montblanc. Very nice fragrances with no complaints from coworkers. That's because they're being polite. How much nerve would it take to walk up to someone and tell them, "Your cologne is giving me ...
by mptfan
Sat Jun 30, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Why visa
Replies: 55
Views: 5451

Re: Why visa

Quickfoot wrote:
Fri Jun 29, 2018 4:14 pm
You are still out the cash temporarily if there's fraud but most banks give you an immediate provisional credit of the disputed amount so it's effectively the same as a credit card.
Can you provide a source for this?
by mptfan
Fri Jun 29, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why visa
Replies: 55
Views: 5451

Re: Why visa

Isn't an ATM card the equivalent of a debit card? No, it's not. An ATM card can only be used to withdraw money from an ATM machine, it cannot be used to make purchases. I think it is pretty hard anymore to find an ATM card that isn't a Visa or Mastercard debit card. The banks and credit unions are ...
by mptfan
Fri Jun 29, 2018 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why visa
Replies: 55
Views: 5451

Re: Why visa

FIREchief wrote:
Fri Jun 29, 2018 1:12 pm
Isn't an ATM card the equivalent of a debit card?
No, it's not. An ATM card can only be used to withdraw money from an ATM machine, it cannot be used to make purchases.
by mptfan
Thu Jun 28, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Why visa
Replies: 55
Views: 5451

Re: Why visa

JGoneRiding wrote:
Thu Jun 28, 2018 2:48 pm
My friend bought some stuff through her bank card. They aren't helping her she is out the money as of now.
I assume when you say bank card, you are referring to a debit card? Credit cards are usually bank cards too.
by mptfan
Thu Jun 28, 2018 2:26 pm
Forum: Personal Consumer Issues
Topic: Any Reason to Keep My "Landline" Phone?
Replies: 65
Views: 4026

Re: Any Reason to Keep My "Landline" Phone?

I'm inclined to cancel it, but I'm wondering what I might be missing? Is there any reason to maintain this service that I may have overlooked? I don't think you are missing anything, I cancelled my landline phone years ago and I'm glad I did, I don't miss it at all. The only possible issue I can th...
by mptfan
Thu Jun 28, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pre nups.
Replies: 54
Views: 5419

Re: Pre nups.

Even without a divorce, often the surviving spouse inherits 100% of the first-deceased spouse's assets. Thus the deceased spouse's offspring from a previous marriage inherit NOTHING. If this something that a prenup addresses in some way or is it strictly something to be written into one's will? Nei...
by mptfan
Tue Jun 26, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 7113

Re: Family dynamics/in laws/am I being petty?

A few years back I worked with a company that would have district dinners once a quarter or so. The DM would pick up the tab and rarely get a thanks from the managers or other employees. I always made a point to say thanks and the dinners/drinks were always appreciated. It just always baffled me th...