Search found 268 matches

by Rudedog
Sat Jul 06, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Elderly grandparents moving in with parents; what should they plan for?
Replies: 63
Views: 6130

Re: Elderly grandparents moving in with parents; what should they plan for?

God bless your parents for offering to help their parents. I've been in this situation, some observations: The siblings who live far away will not be visiting much. They'll talk a good game, but they won't be dependable. My sister lived 50 miles away, she acted like it was 500 miles, maybe visited f...
by Rudedog
Sat Jul 06, 2019 10:57 am
Forum: Personal Investments
Topic: Alternatives to CD laddering as rates decrease
Replies: 22
Views: 3229

Re: Alternatives to CD laddering as rates decrease

Check out Fed Farm Credit Bank notes, you can buy them on Vanguard Brokerage account as Federal agencies. Rates are competitive, although the new issues may be for longer time period than you desire, you can always buy and sell on the secondary market. Also, I have put maturing Cds into six-month T-...
by Rudedog
Wed Jul 03, 2019 3:33 pm
Forum: Personal Investments
Topic: Question for the 5%...Anyone buying any individual stocks?
Replies: 51
Views: 5095

Re: Question for the 5%...Anyone buying any individual stocks?

I have about a dozen dividend-paying individual stocks in a TD Ameritrade account. I let the dividends accumulate and take them to my checking account once a year. I don't trade much, although I just sold my Microsoft when it reached $ 135. None of the FAANG stocks. No Amazon, no Apple, no Facebook,...
by Rudedog
Tue Jul 02, 2019 6:42 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 6604

Re: 2019 Subaru Forester Eyesight System?

Four friends of ours have Subaru Outback or Forester, all say great things about the Eyesight system, they love it. They are all in their late 60s, early 70s.
by Rudedog
Tue Jul 02, 2019 4:37 pm
Forum: Investing - Theory, News & General
Topic: So the year is officially half over
Replies: 32
Views: 3706

Re: So the year is officially half over

Had a grandson born, healthy, growing like a weed. Went on an Alaska cruise with my wife, daughter and son-in-law. Had some medical bills up to my deductible. Looking at a hip replacement this Fall. Happy with my asset allocation right now. Looking to renew some maturing CDs, probably at lower rates...
by Rudedog
Thu Jun 27, 2019 5:36 pm
Forum: Personal Investments
Topic: Can I transfer my 401k to Vanguard while still employed with my company?
Replies: 12
Views: 3019

Re: Can I transfer my 401k to Vanguard while still employed with my company?

where I work, the 401K plan is written that if the participant is 59 1/2 years old, or older, he or she can take three rollover distributions each year. I have been taking my rollovers and sending to my Vanguard Rollover IRA for several years.
by Rudedog
Thu Jun 27, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Fuel type for 2 month car storage
Replies: 36
Views: 2504

Re: Fuel type for 2 month car storage

I store two cars every winter. I put Stabil in both gas tanks, then drive and fill up tank. Works fine.
by Rudedog
Wed Jun 26, 2019 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Insurance when loaning car
Replies: 10
Views: 1093

Re: Insurance when loaning car

Called my agent about this several years ago. Anyone with a valid drivers license can drive my car and has the same coverage I do.
by Rudedog
Wed Jun 26, 2019 11:05 am
Forum: Personal Investments
Topic: Vanguard CDs vs bank CDs?
Replies: 13
Views: 1948

Re: Vanguard CDs vs bank CDs?

Vanguard brokered CDs offer convenience. Also, you don't have to open 12 accounts at 12 different banks. The CD ladder at Fidelity would be nice....
by Rudedog
Tue Jun 25, 2019 6:49 am
Forum: Personal Investments
Topic: Dodge & Cox DODIX
Replies: 17
Views: 2756

Dodge & Cox DODIX

Anyone use Dodge & Cox income as part of their bond allocation ? I was considering DODIX vs Vanguard Intermediate Term Index VBILX.
by Rudedog
Mon Jun 24, 2019 1:32 pm
Forum: Personal Consumer Issues
Topic: Subaru Ascent vs Toyota Highlander...
Replies: 37
Views: 4796

Re: Subaru Ascent vs Toyota Highlander...

Honda Pilot or Highlander.
by Rudedog
Mon Jun 24, 2019 1:27 pm
Forum: Personal Consumer Issues
Topic: Used Minivan - Recommendations?
Replies: 34
Views: 1991

Re: Used Minivan - Recommendations?

My nephew drove his 2005 Toyota Sienna 260,000 miles, he got rid of it because he wrecked it, then he bought another one. My wife's 2007 Toyota Sienna LE is still going strong at 138,000 miles. Runs great.
by Rudedog
Tue Jun 18, 2019 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 14105

Re: With hindsight, what signs indicated you were about to lose your job?

I decided to lose my job. I was tired of the meetings where nothing was accomplished. I was tired of working with people who talked a good game but, somehow, were not productive. I was tired of my partners ripping the employees at every opportunity. I was tired of everyone telling everyone else how ...
by Rudedog
Tue Jun 18, 2019 6:02 am
Forum: Investing - Theory, News & General
Topic: A thought on mortgage payoff vs investing
Replies: 27
Views: 4523

Re: A thought on mortgage payoff vs investing

It feels good to be debt free. I paid my mortgage off as fast as I could. In my corner, big psychological benefit from paying off all debt. I have friends in their 70's who still have mortgages and car loans, no thanks.
by Rudedog
Mon Jun 17, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: Powered Recliners. How reliable are they?
Replies: 8
Views: 681

Re: Powered Recliners. How reliable are they?

My Mom had a "power lift chair" for many years, no problems. That chair took some abuse, as it was moved from place to place, eventually ending up in her room in a nursing home. Many of them have internal batteries, if the power goes out, the chair will still work.
by Rudedog
Tue Jun 11, 2019 9:28 pm
Forum: Personal Consumer Issues
Topic: Tips for new pet owner [puppy]
Replies: 71
Views: 5003

Re: Tips for new pet owner

Ask around about a vet, ours was recommended by a good friend when our dog was a pup, she has been a wonderful vet. We have always fed our dog "Science Diet" food, purchased at Rural King, vet said Science Diet is a good one. W give Milk Bone for treats, dog still likes Milk Bone after 13 years. Be ...
by Rudedog
Tue Jun 11, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 142
Views: 11231

Re: Do you carry Umbrella Insurance?

3 million
by Rudedog
Tue Jun 11, 2019 8:58 pm
Forum: Personal Investments
Topic: Building Taxable Potfolio
Replies: 4
Views: 810

Re: Building Taxable Potfolio

I'm in a similar situation, I have gone 50/50, with the fixed income portion mostly in a CD ladder. If the market takes a dump, I'll tap my CDs.
by Rudedog
Tue Jun 11, 2019 8:55 pm
Forum: Personal Investments
Topic: Starbucks; buy, sell, hold?
Replies: 41
Views: 3693

Re: Starbucks; buy, sell, hold?

I have purchased Starbucks coffee in the past, there is one on almost every street corner in Chicago. However, I much prefer "dark roast" coffee from local coffee shops, local roasters. However, the local Starbucks always seems to be busy. You may want to consider reducing your position a bit.
by Rudedog
Wed May 22, 2019 5:54 pm
Forum: Personal Investments
Topic: Next step for old folks
Replies: 10
Views: 2014

Re: Next step for old folks

Not sure if the long-term care policies will pay for assisted living, but they will probably pay for the skilled care when you need it. It appears that you have enough assets to live comfortably. Have you taken care of the Power of Attorney for finance and health care, updated your wills and set up ...
by Rudedog
Fri May 17, 2019 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Probate costs?--I am the sole heir and the executor
Replies: 65
Views: 6394

Re: Probate costs?--I am the sole heir and the executor

These attorneys rip you off, their secretaries and paralegals do most of the work. Pay by the hour and cap it at $ 5,000 or $ 10,000.
by Rudedog
Fri May 17, 2019 5:56 am
Forum: Personal Investments
Topic: Income stream post retirement.
Replies: 35
Views: 3548

Re: Income stream post retirement.

Just retired a few months ago. I've set up a Treasury and CD ladder for next five years with maturities each year. Interest rolling into money market account, withdrawn as needed. Account at TD Ameritrade has about 15 individual dividend paying stocks, dividends will be rolled to Vanguard money mark...
by Rudedog
Fri May 10, 2019 8:15 am
Forum: Personal Investments
Topic: Brokered CDs - how to pick
Replies: 21
Views: 1963

Re: Brokered CDs - how to pick

Consider highest rate, early withdrawal penalty, status of the bank, you can do research on bankrate.com.
by Rudedog
Wed May 08, 2019 6:45 am
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 15182

Re: I tried to fire my financial advisor of 12 years today...

These guys are sharks. One of them tried to stick it to my Mom's account, then he tried to stick it to me. Moving to Vanguard is a solid plan.
by Rudedog
Wed May 08, 2019 6:37 am
Forum: Personal Investments
Topic: The 4% rule
Replies: 94
Views: 7512

Re: The 4% rule

25 years of retirement........4% withdrawals per year. 4% x 25 = 100%. Just a rough guess or rough guideline to follow.
by Rudedog
Mon Apr 29, 2019 8:56 am
Forum: Personal Investments
Topic: Investing in Business as a partner
Replies: 18
Views: 1048

Re: Investing in Business as a partner

During my younger years, I've been in several business ventures with "partners", it has never ended well in my opinion. Now, I would never go into anything that I didn't own myself, too many things can go wrong with partners. Divorce, drug use, bankruptcy, lost energy to work, loss of interest to wo...
by Rudedog
Thu Apr 25, 2019 9:32 pm
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 145
Views: 13681

Re: What Are Your Simple Pleasures?

Walking my dog. He is 13 years old, not as spry as he used to be. Nowadays, he can usually make a mile to a mile-and-a-half. We have walked hundreds of miles together.
by Rudedog
Wed Apr 24, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Navigating the Appraisal and Inspection as a Seller
Replies: 36
Views: 2187

Re: Navigating the Appraisal and Inspection as a Seller

If the inspection turns up anything, lean on your realtor to help you to determine what really needs to be done, what is fair. The realtor should help you with a budget and a plan to get things done. Finally, remember, you are selling a used house, its not going to be in mint condition, even though ...
by Rudedog
Sun Apr 21, 2019 6:25 am
Forum: Investing - Theory, News & General
Topic: How and when did you do it - to get to 1 Million
Replies: 129
Views: 29196

Re: How and when did you do it - to get to 1 Million

I've been very lucky. I had parents who were very frugal, taught me to watch my money closely. I married a woman who is very tight with money. Real tight. We have been good savers, drove old cars, just did not spend a lot. Good health. Max'd out 401K, always got company match. When I got a bonus at ...
by Rudedog
Fri Apr 19, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: Need vacuum recomendations
Replies: 41
Views: 5252

Re: Need vacuum recomendations

Have had two Dysons, both wore out fast. Now use a Shark, I like it, much cheaper than Dyson.
by Rudedog
Thu Apr 18, 2019 9:25 pm
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 119
Views: 9874

Re: In which companies do you own a single share, or token amount, of stock?

50 shares of Microsoft. I bought at about $ 70. I wish I had bought 1,000, new CEO is doing a great job.
by Rudedog
Fri Apr 12, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: new car thoughts
Replies: 15
Views: 2811

Re: new car thoughts

Drive them, I have found the eight-speed transmission in the 2018 Highlander basically sucks. The car doesn't want accelerate much until it shifts into third. The six-speed transmission in my 2014 Camry is much better.
by Rudedog
Tue Apr 02, 2019 7:14 am
Forum: Personal Investments
Topic: Vanguard Prime Money Market fund
Replies: 22
Views: 3331

Re: Vanguard Prime Money Market fund

I've dealt with Vanguard for almost 20 years, no concerns.
by Rudedog
Mon Apr 01, 2019 8:13 am
Forum: Personal Investments
Topic: Which core stock fund(s) in retirement?
Replies: 3
Views: 923

Re: Which core stock fund(s) in retirement?

VTSAX is my core fund. VTIAX as 5% to 10% supplement, and VDADX as 5% to 10% supplement.
by Rudedog
Sat Mar 30, 2019 9:18 am
Forum: Personal Consumer Issues
Topic: Health Care Service Corporation a Mutual Legal Reserve Company
Replies: 1
Views: 162

Health Care Service Corporation a Mutual Legal Reserve Company

Has anyone heard of or dealt with Health Care Service Corporation for health insurance ? Their website says they are affiliated with BC/BS. My spouse and I have just gone on COBRA from my former employer. The monthly premiums are about $ 800 for me and $ 750 for my wife, for high-deductible plan, de...
by Rudedog
Thu Mar 28, 2019 8:35 am
Forum: Investing - Theory, News & General
Topic: 17 out of 18 American Funds have beaten the index
Replies: 63
Views: 5633

Re: 17 out of 18 American Funds have beaten the index

I.....won't pay..........a front load.
by Rudedog
Tue Mar 26, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: [Retiring before 65: How do you deal with health insurance?]
Replies: 88
Views: 12862

Re: [Retiring before 65: How do you deal with health insurance?]

Just retired. Illinois has "spousal coverage", so my wife who is 59 can stay on my employer's COBRA until she qualifies for Medicare. I am 62 and a half, presently on COBRA, which will run out in June, 2020. On or before then I plan to get a plan using ACA for the year and a half until I can qualify...
by Rudedog
Wed Mar 20, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: New Capital One 360 account offer
Replies: 5
Views: 1299

Re: New Capital One 360 account offer

I opened a Capital One account a little over a year ago to get the $ 200 bonus. However, Capital One lags behind other internet banks in rates for "high yield" savings. Also, their CD rates are lower. I've been thinking of closing the account.
by Rudedog
Wed Mar 20, 2019 8:48 am
Forum: Personal Consumer Issues
Topic: Haven't bought a car in ages - how does negotiation work these days?
Replies: 47
Views: 5797

Re: Haven't bought a car in ages - how does negotiation work these days?

Test drive two or three cars that you might be interested in. Research all rebates and cash back offers. Research the vehicles on Edmunds. When you find one, decide what you are willing to pay before you go to dealer. Test drive the one you want to buy. Have dealer give you a price. Tell them the am...
by Rudedog
Wed Mar 20, 2019 8:37 am
Forum: Personal Consumer Issues
Topic: Toyota Sienna minivan for road trips
Replies: 23
Views: 1665

Re: Toyota Sienna minivan for road trips

We have a 2007 Sienna LE that we bought new. Its been a great vehicle, we have moved our three daughters many, many times using the Sienna, and we continue to use it as a vehicle to move ladders, 2 x 4 lumber, etc. Many trips to Florida and Gulf Shores. 136,000 miles, no major problems. I plan to ke...
by Rudedog
Sun Mar 17, 2019 10:27 am
Forum: Personal Investments
Topic: Basic retirement withdrawal plan question
Replies: 20
Views: 2620

Re: Basic retirement withdrawal plan question

I have about one year's withdrawals in Vanguard Money Market account, and tap that for what I need each month. We also have other after-tax cash in savings account (about one month's draw) at local bank as my wife wants money she can get her hands on quickly. I rebalance twice a year and replenish t...
by Rudedog
Tue Mar 12, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: What are your personal experiences with downside of early retirement?
Replies: 95
Views: 18783

Re: What are your personal experiences with downside of early retirement?

Retired at 62 from a job working with people who were experts at wasting time in meetings. I keep busy helping my in-laws (in their 90s), walking my dog, riding my Harley, helping my friends with various projects, walking to the local Public Library, making breakfast for my wife as she gets ready fo...
by Rudedog
Tue Mar 12, 2019 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 8467

Re: How many companies have you worked for?

I'm 62, just retired. After I graduated college, I worked for six companies.
by Rudedog
Mon Mar 11, 2019 4:55 pm
Forum: Personal Investments
Topic: Should I go all in with Vanguard or "diversify" with Fidelity?
Replies: 37
Views: 4914

Re: Should I go all in with Vanguard or "diversify" with Fidelity?

All in with Vanguard. I've been with them over 20 years, no problems. I do have a TD Ameritrade account that I play around with, it has about $ 100,000 in individual stocks that pay good dividends. I recommended Vanguard to my daughters and in-laws. Its a good company.
by Rudedog
Fri Mar 01, 2019 8:28 am
Forum: Personal Investments
Topic: What did wise people do with their investments in 2008
Replies: 101
Views: 8972

Re: What did wise people do with their investments in 2008

STAY THE COURSE...............of course.
by Rudedog
Thu Feb 28, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: What should I look for in a Tax Accountant?
Replies: 8
Views: 699

Re: What should I look for in a Tax Accountant?

Hire a CPA with at least ten years of heavy income tax experience, they take education every year, have high-end software, represent clients at IRS audits, etc.
by Rudedog
Thu Feb 28, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: When were you convinced that you had more than enough money?
Replies: 117
Views: 12975

Re: When were you convinced that you had more than enough money?

When I was sick of my partners and most of the people I worked with. I had been thinking of retiring, working on the numbers and making worksheet after worksheet, so I just went all in and retired.
by Rudedog
Thu Feb 28, 2019 5:37 pm
Forum: Personal Investments
Topic: Need a Second Look from BH group--T-bill question
Replies: 7
Views: 906

Re: Need a Second Look from BH group--T-bill question

T-bills are purchased at a discount, when they mature the proceeds from the entire T-bill, principal and interest go into your account. I purchased a $ 9,000 T-bill for $ 8,900, at maturity I get $ 9,000.
by Rudedog
Tue Feb 26, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: Questions for Mike Piper - Next "Bogleheads on Investing" guest
Replies: 22
Views: 2861

Re: Questions for Mike Piper - Next "Bogleheads on Investing" guest

I was born in 1956, I retired December 31, 2018, my benefit will be close to the max as I exceeded the SS wage limit for many years,planning on taking SS at age 70. My wife was born in 1959, she earns about $ 15,000 per year at a part-time job. What is the best age for my wife to take SS? Should she...