Search found 200 matches

by Lee Saage
Sat Jan 16, 2010 2:04 pm
Forum: Personal Consumer Issues
Topic: home theater for an RV
Replies: 10
Views: 1615

It's in the ear of the beholder, but in the interest of avoiding clutter in a small space, I'd consider just relying on the speakers in the TV set. Some are not bad. As a small step up, you could try powered PC speakers. I've used the Bose Companion Series II (around $100) and the sound is quite goo...
by Lee Saage
Sat Jan 16, 2010 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Firefox & 2009 Vanguard Tax Forms
Replies: 87
Views: 13525

No problem using Firefox 3.5.7. Just clicked the pdf icon and saved the file when it opened.
by Lee Saage
Tue Jan 12, 2010 3:03 pm
Forum: Personal Consumer Issues
Topic: eyeglass frames at a discount
Replies: 19
Views: 5445

Gail,

I've used Zenni for progressive lens eye glasses for several years and have been completely happy with them. I purchased titanium frames and they weigh very little and are quite strong. I think I paid around $70 total.

Lee
by Lee Saage
Sun Dec 20, 2009 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Should you always counter offer when offered a job?
Replies: 39
Views: 10251

I've been on both sides of employment arrangements and the time for negotiations is before the offer letter is proffered. The offer letter should merely formalize whatever has already been agreed.
by Lee Saage
Mon Dec 14, 2009 5:50 pm
Forum: Personal Consumer Issues
Topic: Vehicles you have owned...
Replies: 162
Views: 27784

1967 Mustang
1966 Austin Healey 3000 Mk III
1972 Porsche 914
1960 Jaguar XK150S
1974 Mercury Capri
1981 Datsun 280ZX
1982 Datsun 280ZX Turbo
1988 BMW 635CSI
1994 Volvo 940 Turbo
1997 Jeep Grand Cherokee
2006 Honda Pilot
2009 VW Passat
by Lee Saage
Fri Oct 23, 2009 2:35 pm
Forum: Personal Consumer Issues
Topic: SOLO! I am a 62 year old new pilot!
Replies: 64
Views: 7670

Nice job, Steve. That looks like a Cirrus, probably SR-20. Nice bird in which to learn. To qualify as a good landing in the Army, you not only need to be able to walk away but you must also be able to use the aircraft again. You clearly meet both Air Force and Army standards but, since you flared pr...
by Lee Saage
Sat Oct 17, 2009 6:28 pm
Forum: Personal Consumer Issues
Topic: Kindle vs. Sony ebook reader
Replies: 5
Views: 1678

I had a Sony PRS-505 for two years and found it quite easy to use. The screen is probably closer to pale gray than white but text contrast is perfectly acceptable. I purchased the Sony rather than the Kindle because the first generation Kindle was larger, thicker and, in my view, clunkier than the S...
by Lee Saage
Sat Oct 10, 2009 3:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: Anaheim, CA, Bogleheads meeting
Replies: 6
Views: 1904

More likely a single malt. I can have it in a coffee cup, though.
by Lee Saage
Fri Oct 09, 2009 10:18 pm
Forum: Local Chapters and Bogleheads Community
Topic: Anaheim, CA, Bogleheads meeting
Replies: 6
Views: 1904

Well, shoot. We just moved from Socal to San Francisco so it's a bit of a drive to Anaheim. If you decide to do an impromptu chapter meeting in the Bay area, I'll be happy to have a "coffee" with you at the bar.

Lee
by Lee Saage
Sat Oct 03, 2009 8:37 pm
Forum: Investing - Theory, News & General
Topic: Wishes for a speedy recovery to Jack Bogle
Replies: 48
Views: 8084

Get well quickly, Jack. We still need you with us for a long, long time. You have probably done more to help more people than anyone I can think of in say the last 2000 years. Thank you.

Lee and Kathi Saage
by Lee Saage
Sat Oct 03, 2009 3:08 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads 8 September 30 - October 2, 2009
Replies: 34
Views: 6675

Very nice summary, Kathleen. And I'll add my and Kathi's thanks to the Dallas/Ft. Worth Bogleheads for organizing yet another great get together. In the interest of culinary correctness, I must point out that Mi Cocina restaurant is Tex-Mex rather than true Mexican. I mean, can you get "Tacos de Bri...
by Lee Saage
Sat Sep 05, 2009 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Your thoughts on Amex cards?
Replies: 48
Views: 7751

Both my wife and I have Amex Blue Cards and neither of us qualifies in any of the four criteria necessary to be highly paid yuppies.
by Lee Saage
Fri Sep 04, 2009 10:53 pm
Forum: Investing - Theory, News & General
Topic: "How Did Economists Get It So Wrong?"
Replies: 20
Views: 3791

Neoclassists and Institutionalists

I've been reading "The Myth of the Rational Market" recommended by Larry Swedroe and it seems that this is the eternal food fight of economics. The neoclassists were in ascendancy immediately prior to the 1929 crash and were set upon by "institutionalists" decrying laisse faire economics for failure...
by Lee Saage
Sun Aug 23, 2009 8:10 pm
Forum: Investing - Theory, News & General
Topic: The Decumulation Phase
Replies: 138
Views: 63318

Jim, Welcome to the forum. I'm about 100 pages into the book and find it a good read. As a recovering engineer, I actually like the math. I downloaded the pdf file and transferred it into a Sony Reader. Some of the tables did not survive the transfer fully intact but the result is still quite readab...
by Lee Saage
Fri Aug 21, 2009 11:19 pm
Forum: Personal Consumer Issues
Topic: bourbon or scotch?
Replies: 89
Views: 13185

Depends. If reading Thomas Wolf, Bourbon. If Tolstoy, scotch.
by Lee Saage
Sun Jun 07, 2009 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: TRICARE Prime vs TRICARE Std
Replies: 15
Views: 6151

The choice between Tricare Prime and Standard depends in part on your comfort in selecting care givers from those participating in Prime. After a few years on Prime, I determined that my out of pocket costs would be lower overall using Standard since care givers I had chosen were inevitably out of n...
by Lee Saage
Fri May 22, 2009 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Today's Caribou question - Memorial Day
Replies: 8
Views: 1653

The Army was founded on June 14, 1775 and the Marine Corps, the more junior service, on November 10, 1775. Fittingly, the Marines' founding took place in a tavern.
by Lee Saage
Fri May 22, 2009 5:16 pm
Forum: Personal Consumer Issues
Topic: Saving Private Ryan Time Again
Replies: 65
Views: 9706

I take note of the wording of the survey - "Allow broadcasting ..". I did not realize we had that power of censorship. If one is offended by the broadcast, don't watch.
by Lee Saage
Tue Mar 24, 2009 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Use those credit cards!
Replies: 33
Views: 6630

Rager1 is right. Most credit card approvals are automated. The system pulls your credit score and if it is above the company's cutoff, you are in. If not, you are out. From personal experience I know that if your credit report is frozen, the system will automatically deny credit with no explanation....
by Lee Saage
Thu Feb 26, 2009 8:48 pm
Forum: Personal Consumer Issues
Topic: Suggestions for new dishwasher?
Replies: 37
Views: 5541

I usually trust Consumer Reports on matters such but we were badly misled on a dishwasher purchase some 3 years ago. We bought the top-rated Kitchen Aid model. It is quite lovely but neither cleans the dishes nor dries them. Even on the most aggressive settings. The GE model we replaced was much bet...
by Lee Saage
Wed Feb 25, 2009 9:11 pm
Forum: Personal Consumer Issues
Topic: Registry Mechanic or Uniblue SpeedUpMyPC?
Replies: 30
Views: 5703

For whatever reason, Windows seems to collect detritus over time and just gets slow and cranky. I have taken to doing a clean install of my operating system about every two years. Just did one over the weekend on my Dell laptop and it now just blazes. In my view the half life of a clean install is a...
by Lee Saage
Wed Feb 11, 2009 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Non-deductible IRA?
Replies: 8
Views: 2245

In my view it is probably worth it. Paying off debt is usually a good thing and often the best first thing if that debt carries a higher interest rate than you can otherwise earn. That may be a wash with your student loan, however, given the current yield on an intermediate bond index fund. If you a...
by Lee Saage
Tue Feb 10, 2009 12:36 pm
Forum: Investing - Theory, News & General
Topic: W. Bernstein: New Efficient Frontier Piece 2/09
Replies: 45
Views: 8484

Re: Title, C4, and Pascal's Wager

To clarfy: 2) By C4, I mean the explosive. The alternative is a government-sponsored retirement pool, run by Gus Sauter along the lines of the TSP, with mandatory annuitization after 70 or so. Governments do many things poorly, but they seem to do a pretty decent job, both here and abroad, with pen...
by Lee Saage
Thu Feb 05, 2009 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Nervous signing Revocable Living Trust, Pour-Over Will,.....
Replies: 19
Views: 3539

My wife and I set up the same documents a while back. In our case, our attorney was a family friend and someone I trusted implicitly. That said, I read every document carefully and did find drafting errors that were the result of miscommunications, subsequently corrected. If you have less than full ...
by Lee Saage
Wed Feb 04, 2009 5:51 pm
Forum: Personal Consumer Issues
Topic: [poll] How many miles does your car have on it?
Replies: 72
Views: 12607

36 miles. Bought a new VW Passat last week.
by Lee Saage
Sun Feb 01, 2009 1:32 pm
Forum: Investing - Theory, News & General
Topic: staying the course?
Replies: 80
Views: 10717

Investment or Speculation?

Some comments on the risks of a buy-and-hold strategy seem more related to speculation than investing. If one buys a financial instrument with the expectation of selling it later at a higher price, then that is speculation. Successful speculation requires great skill, great luck and the availability...
by Lee Saage
Fri Jan 30, 2009 10:21 pm
Forum: Investing - Theory, News & General
Topic: FYI: 2009 proposed AMT fix exemption levels
Replies: 14
Views: 2609

A frequent trigger of AMT is high state tax. Think of it has an opportunity to pay additional federal tax on your state tax. The AMT has become more of a surtax on the (upper?) middle class rather than a tax on the truly rich. At high income levels, the regular tax results in a higher tax obligation...
by Lee Saage
Wed Jan 21, 2009 7:08 pm
Forum: Investing - Theory, News & General
Topic: Why are California muni funds going up despite budget crisis
Replies: 19
Views: 3220

As a California resident, all I can say is "Great News!" California is as much a victim of the debt crisis as all those subprime mortgage borrowers. It's not our fault. Because of the greed of Wall Street, we in California now find our state government needing to spend more money than it takes in. T...
by Lee Saage
Wed Jan 21, 2009 6:49 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 8 ANNUAL REUNION ANNOUNCEMENT
Replies: 265
Views: 97558

Any chance of getting Larry Swedroe to participate?

Lee
by Lee Saage
Wed Jan 21, 2009 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: John Bogle Responds To Op-Ed Article: 12% Lose In 08
Replies: 35
Views: 8025

Give him a break. Jack calls it a "crude rule of thumb". Even elegant rules of thumb are not intended to be the totality of a subject. Read even on of Jack's books and a much more sophisticated understanding of investing is available for the taking.
by Lee Saage
Sun Jan 18, 2009 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Vangaurd 2008 1099 form
Replies: 21
Views: 4589

I'm having a problem with the 1099s as well. I can open the forms, but they are all blank. Strange.
by Lee Saage
Sun Jan 11, 2009 5:28 pm
Forum: Investing - Theory, News & General
Topic: TIPS Funds
Replies: 17
Views: 4479

For a long-term bond fund investor who is reinvesting dividends, rising interest rates are actually to be preferred over lowering interest rates. As interest rates rise, the net asset value is lowered but dividends are reinvested at a higher interest rate. After a while, the effect of this reinvestm...
by Lee Saage
Sun Jan 11, 2009 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Tax Q: Working in Texas but living in 2 states
Replies: 20
Views: 3645

I would check with state tax authorities in both states. I live in California and, a few years back, earned income in Nevada. California taxed all of the Nevada income because my tax domicile was California. After that, I moved to Washington state for a couple of years. The year that I moved, Califo...
by Lee Saage
Fri Jan 09, 2009 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Pros and cons of Vanguard, Fidelity and T Rowe Price?
Replies: 32
Views: 13300

TRP and Fidelity Bond Funds

With regard to bond funds, I noted two points in comparing the offerings among Vanguard, TRP and Fidelity for a Solo 401(k): (1) Vanguard's expense ratios were notably lower, and (2) based upon the prospectuses, both TRP and Fidelity are allowed to employ leverage in bond funds while Vanguard may no...
by Lee Saage
Tue Jan 06, 2009 6:19 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY NEW YEAR! FROM JACK BOGLE
Replies: 84
Views: 56167

Jack, Thank you for your thoughtful New Year's greeting and for all that you have done for investors. One of the many lessons I learned from you is the difference between investment and speculation. Thanks to your wisdom and generosity in sharing it, I suspect most Bogleheads will weather this curre...
by Lee Saage
Fri Nov 28, 2008 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Colorado diehards-radio interview
Replies: 7
Views: 1623

I'm listening now and they are discussing importing Russian brides. Has Larry branched out into new fields of endeavor?

Lee
by Lee Saage
Sat Oct 18, 2008 5:56 pm
Forum: Personal Consumer Issues
Topic: JACK BOGLE'S NEW BOOK GIVEAWAY
Replies: 163
Views: 31822

Why I Admire Jack Bogle

Shot, I'll buy the book but I could not resist an invitation to express my admiration for Jack. Jack Bogle is one of that rare breed whose actions match his words, a truly integrated person. He is so articulate, persuasive and charming in manner that he has become irreplaceably effective as the spok...
by Lee Saage
Sat Sep 20, 2008 8:17 pm
Forum: Personal Consumer Issues
Topic: WSJ
Replies: 29
Views: 7992

Good Paper and Pretty Good Deal

I think the Journal is probably the best national or even international newspaper available. It tends to provide insightful treatment of important stories and has a minimum of fluff. The quality of its writing has suffered in recent years, however. I frequently find grammar or syntax errors and some...
by Lee Saage
Mon Sep 01, 2008 5:49 pm
Forum: Personal Consumer Issues
Topic: W. Bernstein Freakonomics: "How Big of a Deal Is Income
Replies: 33
Views: 6412

Causality or Correlation?

I, too, am a big fan of Dr. Bernstein. I have read two of is books, copies of one of which I gave to a number of friends. I recently re-read “Four Pillars” and was reminded of how cogent Dr. Bernstein’s insights can be. This blog infers causality from correlation, however. In linking homicide rates,...
by Lee Saage
Tue Apr 22, 2008 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Consulting Fees
Replies: 9
Views: 3192

Every Thing is Negotable

I have been doing consulting engineering for more than 10 years and have made a variety of arrangements for travel. Generally, if traveling for one client precludes doing billable work for another, I bill travel at my normal charge rate. In the case of one client, however, I bill no travel time. The...
by Lee Saage
Tue Jan 29, 2008 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help on Handling an Excess Contribution Distribution
Replies: 3
Views: 1234

Thanks!

TFB and Livesoft - Thanks! Box 7 does indeed show a "P". Drinks are on me at Diehards VII.

Lee
by Lee Saage
Tue Jan 29, 2008 12:57 am
Forum: Investing - Help with Personal Investments
Topic: Help on Handling an Excess Contribution Distribution
Replies: 3
Views: 1234

Help on Handling an Excess Contribution Distribution

I’m seeking what I hope is a quick answer from a Diehard who knows more about income taxes than I know. I just received a 20071099-R for the distribution of an excess contribution to my 401 (k) for 2006. The problem is, I already reported this as income on my 2006 return. Now what? In late 2006, my ...
by Lee Saage
Sat Dec 08, 2007 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Visa/Mastercard Lawsuit - Refund for Currency Conversions
Replies: 64
Views: 19042

Thinking it was pointless, without really reading it, I tossed the forms out. Thought it generated millions for class action lawyers and pennies, if that, for plaintifs. We spend six weeks a year in Europe, and to get the best conversion rate, put all possible expenses on a card: hotel, restaurant,...
by Lee Saage
Thu Dec 06, 2007 6:10 pm
Forum: Investing - Theory, News & General
Topic: FYI: latest Vanguard distribution estimates (12/06/07)
Replies: 12
Views: 3661

Anyone know what a "Signal" share class is?
by Lee Saage
Thu Dec 06, 2007 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: “Retire” to a Part 135 Gig? (A rambling request for comm
Replies: 16
Views: 4732

Many Thanks

Many thanks for the thoughtful replies. Turned out that writing my post helped focus my thinking on the matter and the replies added additional things to think about. MahoningValley suggested waiting for DayJet to come to southern California. A variation on that is Plan B. I have discussed buying a ...
by Lee Saage
Wed Dec 05, 2007 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: “Retire” to a Part 135 Gig? (A rambling request for comm
Replies: 16
Views: 4732

“Retire” to a Part 135 Gig? (A rambling request for comm

This is probably a mild abuse of the thoughtful readers of this forum, but I seek comment on a major life decision and can think of no more sensible group to whom I might trust this admission. And I apologize to any non-pilots reading this whose quite sensible responses might be “What are you talkin...
by Lee Saage
Fri Oct 12, 2007 5:48 pm
Forum: Investing - Theory, News & General
Topic: Larry vs. Bob Brinker re. GNMAs
Replies: 16
Views: 5847

Call Risk?

This may be semantics, but the Vanguard GNMA prospectus indicates that GNMA bonds are not subject to call risk. Prepayment risk, however, may be essentially the same thing. I am curious about the actual experience of investing in GNMA funds. Have the risks attributed to them been experienced by inve...
by Lee Saage
Thu Jul 12, 2007 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Immediate anuities
Replies: 72
Views: 23889

I'm not following this reasoning at all. The advantage of purchasng an immediate annuity with the proceeds from an IRA is the ability of maximizing the amount of assured lifetime income without dipping into non tax deferred investments. The last time I checked the Vanguard annuity calculator, an in...
by Lee Saage
Wed Jul 11, 2007 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Immediate anuities
Replies: 72
Views: 23889

I am only a few years away from retirement and am considering purchasing an inflation-adjusted immediate as a way of disposing of my IRA. Doing so would allow my heirs to avoid the misery of dealing with an inherited IRA. If we withdraw funds from my taxable accounts for living expenses in retiremen...
by Lee Saage
Thu Jun 14, 2007 7:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post Diehards VI "Reports" Here
Replies: 103
Views: 57670

No Where Else

Just wanted to add my thanks to Patti and Ed for organizing such a wonderful Diehards get together. It occurred to me while listening to the panel answer questions that there is likely no comparable experience to be had anywhere for any price. An opportunity to actually interact with Jack Bogle is a...