Search found 2766 matches

by rgs92
Sun Jul 26, 2020 9:19 am
Forum: Investing - Theory, News & General
Topic: SP500 is top heavy - Alternatives to cap weighted - equal weighted or Mid cap fund?
Replies: 56
Views: 5589

Re: SP500 is top heavy - Alternatives to cap weighted - equal weighted or Mid cap fund?

Cap-weighting is a good thing. It forces you to buy stocks that, although they have soared and may have high P/Es, have lots of room to grow. Buying the S&P500 forced you to buy a decent amount of Apple 5 or 10 years ago (and lots of other high performing stocks). Normally, one might have said that ...
by rgs92
Thu Jul 23, 2020 11:33 pm
Forum: Personal Consumer Issues
Topic: Microsoft OneDrive questions
Replies: 13
Views: 1270

Re: Microsoft OneDrive questions

If something is really important, I would store it in both onedrive and googledrive.
by rgs92
Thu Jul 23, 2020 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Take the entire IRA SPIA (annuity) as income?
Replies: 44
Views: 1959

Re: Take the entire IRA SPIA (annuity) as income?

I never heard the term relict, but it seems useful now that I looked it up:
a surviving species of an otherwise extinct group of organisms

I never know what new thing I will learn on Bogleheads. Thanks for that.
by rgs92
Thu Jul 23, 2020 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Take the entire IRA SPIA (annuity) as income?
Replies: 44
Views: 1959

Re: Take the entire IRA SPIA (annuity) as income?

Yep, I think that will work if you are both over 59.5.
by rgs92
Thu Jul 23, 2020 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Take the entire IRA SPIA (annuity) as income?
Replies: 44
Views: 1959

Re: Take the entire IRA SPIA (annuity) as income?

You will have reported income on your 1099R for every monthly income distribution. It's complicated. You may be able to if you are both over 59.5. I would ask Fidelity. Call their annuity dept. It has to do with the fact that the IRA funding it is individual. And the rules about having it qualify fo...
by rgs92
Thu Jul 23, 2020 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Take the entire IRA SPIA (annuity) as income?
Replies: 44
Views: 1959

Re: Take the entire IRA SPIA (annuity) as income?

As far as I know, the SPIA payments are always distributed as income and are reported in a 1099R as distributions. They do not exist within a container account like an IRA. I have never heard of this and the ones I have from major insurance companies never even presented this as a possiblity. I'm ju...
by rgs92
Thu Jul 23, 2020 4:57 pm
Forum: Personal Consumer Issues
Topic: Just Ordered Peloton Bike
Replies: 165
Views: 17116

Re: Just Ordered Peloton Bike

The main issue is bikes vs. ellipticals as I see it. There were Pelotons at my gym and I tried them, but I much preferred the solid feel and smooth, long stride of the Precor ellipticals I had been using for many years (various high end models). I recommend Precor ellipticals to anyone looking for a...
by rgs92
Wed Jul 22, 2020 11:50 pm
Forum: Personal Consumer Issues
Topic: top suvs for tall driver & good mpg
Replies: 36
Views: 2446

Re: top suvs for tall driver & good mpg

I have long legs and most cars or even SUVs don't give me enough drivers-seat legroom (I end up sitting on foam wedges to lift my knees up). But at the car show a few years back, I found a Chevy Yukon Denali to have tons of room for my legs and felt really comfortable. Curiously, the Cadillac Escala...
by rgs92
Wed Jul 22, 2020 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Best options for loans when buying new house until current one sells?
Replies: 5
Views: 421

Re: Best options for loans when buying new house until current one sells?

I had a HELOC on my house, listed it, and left it in place until I sold it. I never heard about any restriction on having an active HELOC on a house that's for sale. You just need to close the HELOC account a bit before you actually close on the sale. It only came up when they lawyer got involved in...
by rgs92
Tue Jul 21, 2020 9:27 am
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6064

Re: Walking OK with sun exposure?

Thanks again TSR. I have indeed looking for a good breathable hat and never knew there were so many choices and that hat technology had advanced so far.
by rgs92
Tue Jul 21, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Optimal Social Security Benefits Claiming Strategy - Her Husband Just Passed Away
Replies: 11
Views: 1395

Re: Optimal Social Security Benefits Claiming Strategy - Her Husband Just Passed Away

I just had to say that I am amazed by ObliviousInvestor's high level of expertise and the clarity of the advice and exposition. That info he gave may be useful to me also, so thanks a million.
by rgs92
Mon Jul 20, 2020 11:36 pm
Forum: Personal Investments
Topic: Vanguard Utilities Index: Too Risky?
Replies: 17
Views: 1506

Re: Vanguard Utilities Index: Too Risky?

The Utility sector is not a good bond proxy. The S&P Utility Index ETF (XLU) dropped about 35% in the financial crisis, while BND (Vanguard Total Bond Market ETF) only dropped a few percent, and over the last 15 years dropped less than half what XLU dropped from any particular peak. And also, when s...
by rgs92
Mon Jul 20, 2020 11:06 pm
Forum: Personal Consumer Issues
Topic: Apollo 11 (In Real Time)
Replies: 67
Views: 6811

Re: Apollo 11 (In Real Time)

For anyone interested in Apollo 13 (50 years since the April 1970 mission), I recommend this great video interview with Jim Lovell from this past April (2020) where he explains the root cause of the malfunction in detail and also gives a fascinating account of the mission. The Video (A Conversation ...
by rgs92
Mon Jul 20, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6064

Re: Walking OK with sun exposure?

Wow, scary stuff. Thanks for this.
by rgs92
Mon Jul 20, 2020 2:10 pm
Forum: Personal Consumer Issues
Topic: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car
Replies: 101
Views: 5200

Re: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car

Well, you are right on this. I did get burned on some high hotel rates when I did this when I hit the road. However, I'm thinking the hotels have pretty low vacancy these days.
by rgs92
Mon Jul 20, 2020 1:30 pm
Forum: Personal Consumer Issues
Topic: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car
Replies: 101
Views: 5200

Re: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car

I think your MIL is being reasonable in her concerns. Just IMHO. I feel driving is preferable.
by rgs92
Mon Jul 20, 2020 1:21 pm
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6064

Re: Walking OK with sun exposure?

Thanks TSR. I never heard of a shirt with an SPF factor. Nice hat too. I may try the hat. Yep, I have some stuff (shirts, etc.) from Eddie Bauer from about 20 years ago and their clothes seem to last forever. But the Tilley hat looks good too. The price is OK because I tend to keep things forever. (...
by rgs92
Mon Jul 20, 2020 12:53 pm
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6064

Re: Walking OK with sun exposure?

Hey, thanks for those links and the NPR article from *today*. Awesome.
by rgs92
Mon Jul 20, 2020 12:38 pm
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6064

Re: Walking OK with sun exposure?

Thanks again for the ideas and references. Yep I always use sunglasses. I even wear jeans and a polo shirt (short sleeve though) for this, even though I'd love to just use gym shorts and a tee shirt like I always used at the gym.
by rgs92
Mon Jul 20, 2020 12:17 pm
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6064

Re: Walking OK with sun exposure?

Thanks. Is the vest for visibility or for some other reason. I wouldn't want anything to make me hotter. The summer sun and heat are the killer aspects.
by rgs92
Mon Jul 20, 2020 12:13 pm
Forum: Personal Consumer Issues
Topic: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car
Replies: 101
Views: 5200

Re: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car

FWIW, I just drive until I just get too tired to do it anymore and for me that is about 6 or 7 hours elapsed time including a few stops for stretching/bathroom breaks. I can't really plan since I don't know how I will feel. I'm pretty healthy and fit, and this driving pattern has been true since I w...
by rgs92
Mon Jul 20, 2020 11:57 am
Forum: Personal Consumer Issues
Topic: Walking OK with sun exposure?
Replies: 87
Views: 6064

Walking OK with sun exposure?

I quit my gym a while back because of COVID and now I walk in the morning instead. Should I worry about sun exposure? I use some suncreen (Coppertone spf70) but I can't really cover all of me with it. I tried a hat too but I get too hot. Any suggestions for walking in the sun? Thanks.
by rgs92
Mon Jul 20, 2020 11:51 am
Forum: Personal Consumer Issues
Topic: Buying Prescription Eyeglasses Online
Replies: 50
Views: 6456

Re: Buying Prescription Eyeglasses Online

Thanks. Oh well, I should have gotten an exam (and gone to the dentist too) just before the virus outbreak...
by rgs92
Mon Jul 20, 2020 11:37 am
Forum: Personal Consumer Issues
Topic: Buying Prescription Eyeglasses Online
Replies: 50
Views: 6456

Re: Buying Prescription Eyeglasses Online

Can you send in your old glasses to a place like Warby Parker and have them match the correction if you don't want to get an exam these days? Thanks.
by rgs92
Fri Jul 17, 2020 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Selling and downsizing/renting vs aging in place
Replies: 18
Views: 1805

Re: Selling and downsizing/renting vs aging in place

Moving costs money in all sorts of ways, and there is an unknown factor in shaking up a semi-stable (but still tight) situation. I would be wary of upsetting the apple-cart, as the old saying goes. So I would leave things alone and see if they have enough to live on. If things get so tight they can'...
by rgs92
Thu Jul 16, 2020 1:18 pm
Forum: Personal Investments
Topic: 2% Real Returns, 2% inflation reasonable for estimating?
Replies: 42
Views: 2666

Re: 2% Real Returns, 2% inflation reasonable for estimating?

Point taken. I was too loose in my wording. I simply meant that FIRECALC's modeling is based on observed data over a long period of time. Thank you.
by rgs92
Thu Jul 16, 2020 1:12 pm
Forum: Investing - Theory, News & General
Topic: individual bonds vs bond funds
Replies: 36
Views: 1899

Re: individual bonds vs bond funds

Good question Vineviz. Thanks.
by rgs92
Thu Jul 16, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: individual bonds vs bond funds
Replies: 36
Views: 1899

Re: individual bonds vs bond funds

Suze Orman has always made it her very strong signature recommendation to use individual bonds exclusively and never use bond funds. She even tells you to avoid any funds with a bond component just because of this aversion. So she says to avoid target or balanced funds. Her reason is that bond funds...
by rgs92
Thu Jul 16, 2020 11:55 am
Forum: Personal Investments
Topic: 2% Real Returns, 2% inflation reasonable for estimating?
Replies: 42
Views: 2666

Re: 2% Real Returns, 2% inflation reasonable for estimating?

I usually do simulation for fun using a retirement calculator with a 70/30 portfolio by assuming 2% real and 3% inflation. That is probably more conservative than the FRELCal results (roughly the 4% rule). I know it by looking at the remaining amount at the end of the simulation period. For FIRECal...
by rgs92
Thu Jul 16, 2020 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10860

Re: Retiring from a career in tech

This was posted up above: ________ I can't speak for tech as I'm in aerospace. But I can assure you that in aerospace, H1Bs are much cheaper than US employees. I was getting paid 3x 4x their rate and we were doing the same type of work. The company I used to work for on the commercial side exploited...
by rgs92
Wed Jul 15, 2020 2:07 pm
Forum: Personal Consumer Issues
Topic: Advise required on Dehumidifier for unfinished basement
Replies: 32
Views: 1352

Re: Advise required on Dehumidifier for unfinished basement

I had a Santa Fe in my unfinished basement and it generated so much heat in the basement I had to stop using it. It actually sent heat up to the first floor and the central air couldn't keep up with it. It was about $1500 I think. It did keep thing super-dry though when I used it. I had it drain via...
by rgs92
Wed Jul 15, 2020 1:59 pm
Forum: Personal Consumer Issues
Topic: TPMS(tire pressure monitoring system) lifespan
Replies: 96
Views: 6160

Re: TPMS(tire pressure monitoring system) lifespan

I had a higher end 2006 Mercedes about 10 years ago and the battery died on my TPMS and the dealer said it was a $900 repair (not under warranty on a 5 year old car I bought as a CPO). He said they most often de-activated the entire TPMS system. He said that deactivation was the common recommendatio...
by rgs92
Wed Jul 15, 2020 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: My office job in NYC has just gone remote for the rest of the year. Can I reduce my tax burden by moving to Florida?
Replies: 92
Views: 8811

Re: My office job in NYC has just gone remote for the rest of the year. Can I reduce my tax burden by moving to Florida?

I would make sure that the work-at-home situation is permanent. And regardless, the state tax rules depend the pretty strict qualifications for where you are "domiciled." Read up on domicile rules in NY which are somewhat complex and not that easy to navigate. If you have significant connections in ...
by rgs92
Mon Jul 13, 2020 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring from a career in tech
Replies: 104
Views: 10860

Re: Retiring from a career in tech

I would be very careful giving up your IT job. I was let go (outsourcing/etc.) after doing fairly high level IT for many years but ran into terrible trouble trying to find another job over 40. Don't quit before you find something secure like a gov't job. Gov't jobs are extremely difficult to get (at...
by rgs92
Mon Jul 13, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: Debt collection response
Replies: 16
Views: 1578

Re: Debt collection response

Clark Howard has some interesting recommendations about how to respond to this. Here are samples:
https://clark.com/consumer-issues-id-th ... on-agency/


https://clark.com/consumer-issues-id-th ... ollectors/
by rgs92
Mon Jul 13, 2020 10:24 am
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21823

Re: How is this possible -- stock market continues to soar.

Taking the long view, the S&P is roughly double what it was 20 years ago (and dividends have been modest at best). So, if you believe in the Bogle maxim that it's "Time in the Market" that counts, that's an underwhelming return so far, so the market is not that high and there are good times ahead. (...
by rgs92
Mon Jul 13, 2020 9:41 am
Forum: Personal Investments
Topic: Alternatives to cash
Replies: 14
Views: 2049

Re: Alternatives to cash

I'm thinking now with interest rates so low it doesn't really matter whether you use savings accounts or money market funds or short term bond funds or maybe even Total Bond Market as in the 3-fund portfolio. The common wisdom here often stated is that the volatility of these is relatively microscop...
by rgs92
Mon Jul 13, 2020 9:23 am
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 580
Views: 60408

Re: Why not 100% PSLDX?

OK, thanks for that, point taken. Yes, my saying that long term bonds are peaking is indeed market timing, so I was wrong to say that without confessing it. So I guess the question is, what is a long-term bond ? 10+ years. I actually don't know. Also, is the underlying point to this strategy to mayb...
by rgs92
Mon Jul 13, 2020 8:52 am
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 580
Views: 60408

Re: Why not 100% PSLDX?

This seems to depend heavily on long term bonds. Aren't these bonds at an all time high with little conceivable upside? This looks like an extreme version of bond market timing. And I thought that a portfolio's purpose was (partly) to keep up with inflation. Since high inflation leads to high intere...
by rgs92
Mon Jul 13, 2020 12:15 am
Forum: Personal Consumer Issues
Topic: How to Get Rid of an Old Car
Replies: 40
Views: 3563

Re: How to Get Rid of an Old Car

I gave mine to a friendly mechanic I had known for years at the gas station. He was happy to get it and he managed to fix it up. I was happy the way it turned out well for him.
by rgs92
Sun Jul 12, 2020 8:31 pm
Forum: Personal Consumer Issues
Topic: Speakers for basement
Replies: 43
Views: 2699

Re: Speakers for basement

Good suggestions in this thread (Totem, Paradigm). KEF is nice too. LS50 monitors are nice (very small with enough bass if you don't want thunderous lows; good prices now on the non-wireless versions; excellent imaging. I have a pair on my desk with my computer).
by rgs92
Sun Jul 12, 2020 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming teacher after reaching FIRE? Advice needed!
Replies: 86
Views: 7293

Re: Becoming teacher after reaching FIRE? Advice needed!

I tried to find a teaching job in computer or math up in the NY metro area after losing my IT job and I found out the jobs are in very high demand and are usually only available by networking, mainly by being related to someone working for the school system. I had graduate degrees in math/CS but tha...
by rgs92
Sun Jul 12, 2020 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14472

Re: Hopeless Civil Engineer

I would avoid giving up a career that seems at least stable for you to move to IT, especially at this stage in life. IT work is often extremely difficult and unstable and sometimes involves long stretches of unemployment and forced early retirement (sometimes very early).
by rgs92
Sun Jul 12, 2020 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1416
Views: 127998

Re: My LenderFi refinance is going well

Has anyone used LenderFi for a purchase? If so, how did they do? (I tried looking through this thread for it, but I didn't see it.) Thanks. I did and not sure I would recommend it, we ran into a last minute issue in the paperwork and the loan officer was less than helpful and was very quick to say ...
by rgs92
Thu Jul 09, 2020 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1416
Views: 127998

Re: My LenderFi refinance is going well

Has anyone used LenderFi for a purchase? If so, how did they do? (I tried looking through this thread for it, but I didn't see it.) Thanks.
by rgs92
Thu Jul 09, 2020 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security: is the wisdom still relevant
Replies: 190
Views: 13503

Re: Delaying Social Security: is the wisdom still relevant

Thank you #Cruncher. That was fascinating. I never thought of it like that. Best to you for that analysis.
by rgs92
Thu Jul 09, 2020 6:40 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 580
Views: 60408

Re: Why not 100% PSLDX?

Just looking at at the blue line in the chart posted in this thread on Page 5, June 13 (9:29am) by ChrisBenn seems to imply that putting a large part of your portfolio in this fund is prohibitive. That looked like a 70% drop to me. That' seems too much for anyone's portfolio. Especially where a Tota...
by rgs92
Wed Jul 08, 2020 8:31 pm
Forum: Personal Investments
Topic: Request comments on Lump Sum vs. Annnuity decision
Replies: 12
Views: 776

Re: Request comments on Lump Sum vs. Annnuity decision

The issue of having a non-inflation-adjusted annuity/pension always comes up as an issue. Firecalc can handle this. You just simply enter a pension stream and declare it fixed.
by rgs92
Wed Jul 08, 2020 8:04 pm
Forum: Personal Investments
Topic: What happens after I move an account?
Replies: 13
Views: 1081

Re: What happens after I move an account?

With Fidelity, if you change the address of the account the time you move, you will get 2 1099s (1 for each state) for each single one you usually get. Each one will be for the part of the year you lived in each state. It makes filing the state returns easy. You know how much you earned in each state.