Search found 121 matches

by mickroark
Thu Mar 17, 2016 12:28 pm
Forum: Personal Consumer Issues
Topic: Best Value TV purchase
Replies: 38
Views: 4660

Re: Best Value TV purchase

:moneybag I hear from my friends that say their new HDTV lasts from 2-5 years. What a shame, the last TV I purchased was an RCA console in 1987. It still works like it was new back then. So this modern age of electronics in my view is on big RIP off.
by mickroark
Tue Mar 15, 2016 7:59 pm
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 211
Views: 24660

Re: How have your homes as investments done?

My home was purchased as an inflation hedge. So now I pay no rent, when all these young kids can't afford rent. A standard one room apartment in the city of Denver is renting for around $1300/mo. That is double what I paid as a mortgage payment. We all need a place to live so real estate is just ano...
by mickroark
Tue Mar 15, 2016 11:52 am
Forum: Personal Consumer Issues
Topic: Windows 10
Replies: 54
Views: 7368

Re: Windows 10

I just bought a new Dell all-in one with Windows 10 home. I am upgrading from windows XP. I also just upgraded to hi speed internet. I can tell you I am very happy, and WOW what a difference in speed. I am enjoying computing again.
by mickroark
Tue Mar 08, 2016 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 Tax Return
Replies: 13
Views: 1920

Re: 2015 Tax Return

My withdraw needs some kind of genius like Albert Einstein. I have over 1.5 million in retirement accounts and that does not include SS income. I plan on an aggressive spending strategy soon because I just inherited another 500k last week. Wow now 2mil to withdraw. God Bless America.
by mickroark
Tue Mar 08, 2016 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 Tax Return
Replies: 13
Views: 1920

Re: 2015 Tax Return

Wow, I just added that up. 50 years of filing a tax return. Back then that was your life expectancy. God bless America man.
by mickroark
Tue Mar 08, 2016 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 Tax Return
Replies: 13
Views: 1920

Re: 2015 Tax Return

Yes I am under the filing requirements. The AARP tax man said after entering the data, that they may as well file a federal return, since they needed to file a state return.
by mickroark
Tue Mar 08, 2016 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 Tax Return
Replies: 13
Views: 1920

Re: 2015 Tax Return

ps,

The reason is I must be getting the old timers disease, that they keep talking about on CNBC.
by mickroark
Tue Mar 08, 2016 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 Tax Return
Replies: 13
Views: 1920

Re: 2015 Tax Return

They do them where I am, and the qualifications are for seniors that need tax help. I get this done thru the local library and you don't need to me a AARP member. Go to the AARP website and look for tax help.
by mickroark
Tue Mar 08, 2016 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: 2015 Tax Return
Replies: 13
Views: 1920

2015 Tax Return

AARP does my tax returns for free now that I am retired. For a couple of years I am not taking any distributions from retirement accounts, so I don't pay any taxes now. I just noticed that I forgot a couple of 1099-B statements from vanguard on my return. One is for a Loss of $60.00 gain of $18.00. ...
by mickroark
Tue Mar 08, 2016 11:00 am
Forum: Personal Consumer Issues
Topic: Honda Care Extended Warranty experience?
Replies: 56
Views: 64562

Re: Honda Care Extended Warranty experience?

I don't know about Honda but I buy Chrysler Jeep Cherokees, and have never even considered a extended warrantee. I have a 1997 Jeep with 450,000 miles on it, and only did routine maintenance to it. I just bought a 2016 Jeep Cherokee for my wife, and sales person really pushed the extended warrantee ...
by mickroark
Tue Feb 23, 2016 10:30 am
Forum: Personal Finance (Not Investing)
Topic: where to get 3% real with the least amount of risk?
Replies: 56
Views: 9005

Re: where to get 3% real with the least amount of risk?

stocks and bonds are hi risk.
annuities are low risk.

This is why over a long period stocks and bonds are supposed to earn a higher rate of return.
by mickroark
Tue Feb 23, 2016 9:46 am
Forum: Personal Finance (Not Investing)
Topic: where to get 3% real with the least amount of risk?
Replies: 56
Views: 9005

Re: where to get 3% real with the least amount of risk?

I have a 5yr deferred annuity that is earning 3% compounded. But to get the real return you need to defer for 5 years.
by mickroark
Thu Feb 11, 2016 12:09 pm
Forum: Personal Investments
Topic: Gold on a tear
Replies: 10
Views: 1986

Re: Gold on a tear

I have 10% of my portfolio in IAU. Great diversifier. Helps my stay in the game, of these brutal wall street traders. Did you notice that CNBC had an analysis dude on TV just the other night that said, Walt Disney stock would be the best stock to own now until you die. I wonder if he has past away y...
by mickroark
Thu Feb 11, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20767
Views: 2836097

Re: U.S. stocks in freefall

I learned a long time ago in about the year 2000 that a portfolio needs massive diversification to survive bear attacks. Just when your emotions can't take it anymore, thats when you sell out your portfolio, and that most likely is at the bottom. So I laugh when all the bulls on this site ask, is 10...
by mickroark
Thu Jan 28, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Annuity Help: Deciphering my father's two annuities
Replies: 3
Views: 739

Re: Annuity Help: Deciphering my father's two annuities

I like annuities very much in certain instants, but I must tell you that annuities are best bought younger than when your father bought them. This is why the US Congress wants to establish a fiduciary rule for selling annuities. Most agents that sell the product should sell them only if they are sui...
by mickroark
Fri Jan 22, 2016 10:52 am
Forum: Personal Investments
Topic: The sky is falling!
Replies: 14
Views: 1962

Re: The sky is falling!

Have you noticed that these yahoo's on Yahoo smile, when they predict that China is falling into the ocean. So their advice is to get out. Do they mean leave China? But yet they have a smile on their face. Folks the Internet is not a good view for long term investors, and either is the media in gene...
by mickroark
Fri Jan 22, 2016 9:32 am
Forum: Personal Investments
Topic: The sky is falling!
Replies: 14
Views: 1962

Re: The sky is falling!

I saw Kramer saying oil could go to $10.00. I like how the million airs and billon airs like to scare the market down, then they buy. My prediction is Apple stock will fall to 1 cent this year. I think if I can scare the world into selling their Apple stock, I just might be able to buy some for 1-ce...
by mickroark
Tue Jan 19, 2016 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Do retirees care about their credit score?
Replies: 35
Views: 3835

Re: Do retirees care about their credit score?

Insurance companies use companies like Nexus Lexus to obtain an insurance score. It gives them much more information about you than just a credit score. But it is part of it, I am sure. Insurance companies like to know other types of risk they are taking on, besides just how you pay your bills. Mayb...
by mickroark
Mon Jan 18, 2016 6:25 pm
Forum: Personal Investments
Topic: Failing "sleep well" test: Change AA or more Boglehead-therapy?
Replies: 63
Views: 7130

Re: Failing "sleep well" test: Change AA or more Boglehead-therapy?

What I do is keep track of the S&P 500 closing price every month in an excel spreadsheet. I have done this for 5 years now. Most of the times that the market is down like 7% or 12% on the S&P 500 for the month, the next month it is up by the same amount. No exactly but close. This has calmed...
by mickroark
Sat Jan 16, 2016 11:47 am
Forum: Personal Investments
Topic: Ignore the noise
Replies: 16
Views: 2783

Re: Ignore the noise

I like the idea of rebalance, so I us multi asset funds that rebalance automatically. I like automatic in my old age, like auto bill pay and auto rebalance. I wish I could get a automatic hair cut. Low stress Hi reward.
by mickroark
Wed Jan 13, 2016 11:21 am
Forum: Personal Consumer Issues
Topic: Safety of Windows Defender
Replies: 34
Views: 3921

Re: Safety of Windows Defender

My Brother is a Computer Scientist for the Government, and he recommends Microsoft Security Essentials. He told me Windows Defender really does not do enough. Good news for Windows 10 buyers, is that it comes with both installed on the operating system