Search found 1309 matches

by friar1610
Sat Mar 31, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Grass is always greener, federal edition
Replies: 59
Views: 8020

Re: Grass is always greener, federal edition

Why don't you just take the federal contracting route? Here's why: 1.) You get to stay with your employer, same job duties, same boss, same people, etc. 2.) You get same govie-like schedules, 40hr work week (often illegal to work more than your govie counterparts), same holidays, etc 3.) Agencies l...
by friar1610
Sat Mar 31, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Federal survivor benefit decision help needed
Replies: 19
Views: 2267

Re: Federal survivor benefit decision help needed

Slightly different situation for me as I am a military retiree but more parallels than not. We could select a base amount of our retired pay and then pay 6% of that base amount. Survivor would then get 55% of the base amount upon death of the retiree. Both the premium we paid and the benefits to the...
by friar1610
Wed Mar 28, 2018 10:15 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 23647

Re: A lot of heavy hitters this morning

I'm an old retired guy who long ago stopped worrying about how much income I have relative to others. But I will say that I'm often amazed by some of the incomes relatively young people (say, in their 30s and 40s) are earning these days if BH posts are to be believed (and I gave no reason to disbeli...
by friar1610
Tue Mar 27, 2018 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 127
Views: 8773

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

As I've read through this thread the thought occurs to me... If you read in the paper that___________________ (fill in the name of a politician that you particularly dislike) had used this technique to pay for his/her kid's private school tuition, what would your reaction be?
by friar1610
Mon Mar 26, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: New car?
Replies: 46
Views: 3928

Re: New car?

I just bought a used car to replace a 2005 that I bought in 2006 as a CPO with 20K miles on it. It now has 150K miles on it. It still runs well but is definitely showing signs of age. I wrestled with whether to try to get another year, another few years, whatever out of it. I finally decided that wi...
by friar1610
Fri Mar 23, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 3029

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

>50 year USAA member here. I use them for insurance only. Well, actually I have a cc with the bank and once got a HELOC from them. I can understand the feeling of loyalty toward them. BUT, I invest with VG. USAA has its strengths (primarily insurance) while VG has theirs. So stick with the strength...
by friar1610
Fri Mar 23, 2018 9:00 am
Forum: Investing - Help with Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 3029

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

>50 year USAA member here. I use them for insurance only. Well, actually I have a cc with the bank and once got a HELOC from them. I can understand the feeling of loyalty toward them. BUT, I invest with VG. USAA has its strengths (primarily insurance) while VG has theirs. So stick with the strengths...
by friar1610
Thu Mar 22, 2018 5:18 pm
Forum: Investing - Theory, News & General
Topic: Working till retirement is not a great plan
Replies: 175
Views: 15819

Re: Working till retirement is not a great plan

OP, 1) I am fighting a losing battle trying to wake people up that they are overly optimistic that they will be fully-employed until retirement age. 2) In most cases, younger professional at the 30s chooses to be "House Poor" and overpay for their houses. When they hit the 40s and faces their first...
by friar1610
Wed Mar 21, 2018 5:00 pm
Forum: Personal Consumer Issues
Topic: Direct TV vs. Cable
Replies: 20
Views: 1464

Re: Direct TV vs. Cable

Been a DirecTV customer for about 6 years. I live in NH where it snows a lot, and I think the comments about it going out are very overstated. I bet in those 6 years I've been without reception for a total of 2 hours or so It depends quite a bit on how and where it's installed I had it when I previ...
by friar1610
Tue Mar 20, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Trust vs Will Gotchas
Replies: 24
Views: 3459

Re: Trust vs Will Gotchas

What happens when a healthy parent passes with assets and the spouse is in a nursing home being spent down? What other questions do I need to ask? The assets become the surviving spouses and will be used to pay for the nursing home until it's (almost) gone and then Medicare pays. We just drew this ...
by friar1610
Tue Mar 20, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6764

Re: New Subaru Outback vs. used Volvo XC-70

OP here. I posted my original question at the end of January. Since then I've looked at and driven a lot of cars - Subarus, a number of different Volvo models, Honda CR-Vs. And finally closed the deal earlier today... I bought a used (2015) Volvo XC-70, the same make and model I have now, only 10 ye...
by friar1610
Mon Mar 19, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 4224

Re: Modest stereo system

Silk McCue wrote:
Thu Mar 15, 2018 9:11 pm
Definitely rip all your CD’s to digital. All that I own are in Itunes.
Yeah, any that I really like have been downloaded to my computer and put in iTunes.
by friar1610
Mon Mar 19, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 4224

Re: Modest stereo system

What technology do you currently use, especially audio-visual? I have a hi-def TV, a DVD player, FIOS. No special audio enhancements to the TV speakers. My system that I never hooked up is a tuner, a CD player (that probably doesn't work any more), speakers. As you can see, I am not a sophisticate ...
by friar1610
Mon Mar 19, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Need new retirement plans ASAP [to be able to contribute for 2017 before deadline]
Replies: 28
Views: 2007

Re: Need new retirement plans ASAP [to be able to contribute for 2017 before deadline]

It's not clear to me what kind of "retirement account" you are trying to start and fund. Judging from your desire to have it count for 2017 and your sense of immediacy, I'm assuming it's a Traditional IRA because you are apparently worried about the April 17 deadline. Just want to point out that you...
by friar1610
Fri Mar 16, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 4224

Re: Modest stereo system

Wow! Thanks so much for all the information/suggestions/recommendations. It's gonna take me a bit of time to digest them all. But the input is greatly appreciated.
by friar1610
Thu Mar 15, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 4224

Modest stereo system

For many years we had a component stereo system and had background music on much of the time. Foe some reason (probably because some of the components were aging) we didn't set it up when we last moved. We've gotten out of the habit of having music in the house and it recently occurred to me that we...
by friar1610
Thu Mar 15, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 727
Views: 108303

Re: My 2017 CRV is a victim of the dreaded oil gas dilution issue

Here's an interesting clip about the oil dilution issue: https://www.youtube.com/watch?v=nMX94zarLs4 Interesting, thanks. Click the "Show More" link under the video to see the complete transcript. In previous threads, I've stated that driving short distances constitutes "severe" engine use and you ...
by friar1610
Wed Mar 14, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: simplifying my financial life -- should i get rid of treasury direct?
Replies: 47
Views: 5301

Re: simplifying my financial life -- should i get rid of treasury direct?

In a perfect world I would prefer not to have a TD account. But I have a bunch of I-Bonds from the good old days of 3.4% fixed and I converted them to electronic format years ago. Since there's no other viable way to hold them and I'm not going to redeem them as long as they remain such a good deal,...
by friar1610
Tue Mar 13, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Need help on car decision: Honda CRV vs luxury car used
Replies: 68
Views: 6785

Re: Need help on car decision: Honda CRV vs luxury car used

The OP's dilemma is akin to mine. A 2015/2016 Volvo XC70 wagon or a new Outback or CR-V? Currently have an '05 XC70 and it's just about right for our needs (kayaks, winter weather, dog). 2016 was the last production year for XC70s so used is the only way to get another one. The de-facto replacement,...
by friar1610
Sat Mar 10, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: Consumer Reports Auto Issue Out now
Replies: 48
Views: 5471

Re: Consumer Reports Auto Issue Out now

Anecdotally, this most recent issue lists the 2011 Buick Regal as a used car to avoid. I bought one new in 2011, have done nothing but routine maintenance and have had great reliability with it for 80K miles. Of course, now that I've said so publicly, I suppose I'm in for big problems. :oops: Well,...
by friar1610
Sat Mar 10, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Consumer Reports Auto Issue Out now
Replies: 48
Views: 5471

Re: Consumer Reports Auto Issue Out now

I find most cars to be more reliable than CR. Every time I read a review in CR about something for which I have a lot of knowledge, I'm appalled by how badly CR reviews things. I've found their information to be subpar at best. Anecdotally, this most recent issue lists the 2011 Buick Regal as a use...
by friar1610
Sat Mar 10, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Consumer Reports Auto Issue Out now
Replies: 48
Views: 5471

Re: Consumer Reports Auto Issue Out now

I immediately looked up Camry, Corolla, Accord, and Civic as they are four of the most popular cars on the market. I was surprised to see that Consumers Report prefers the two Toyota products to Honda whereas US News and World Report prefers Honda to Toyota. And in both publications the gap was qui...
by friar1610
Thu Mar 08, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: VWINX in a lazy portfolio? [Vanguard Wellesley Income]
Replies: 9
Views: 2103

Re: VWINX in a lazy portfolio? [Vanguard Wellesley Income]

To get the bond exposure that Wellesley offers you are also overlapping between the Wellesley stock component and Total Stock Market Index. Better, in my opinion, to hold a discrete bond fund in the allocation percentage you want and increase TSM accordingly.
by friar1610
Tue Mar 06, 2018 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating and buying a house for retirement
Replies: 10
Views: 1470

Re: Relocating and buying a house for retirement

On my most recent move I took out an interest only HELOC from USAA Savings Bank against House A. Took the max I could get and this involved an appeal to get to a higher number. When the time came for closing I accessed the maximum amount I could from the HELOC. I also tapped a few other sources (enu...
by friar1610
Tue Mar 06, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: New tax law and QCD's - article
Replies: 18
Views: 2176

Re: New tax law and QCD's - article

I am > 70.5. I've used QCDs twice (from VG) and it worked flawlessly. I had the checks sent to me, I photocopied them and sent the checks on to the charities. Got the required letters back from the charities. I plan to use QCDs going forward for all my "major" donations. I did make one last major do...
by friar1610
Fri Mar 02, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard CFP rcommendations of non-index funds?
Replies: 10
Views: 1727

Re: Vanguard CFP rcommendations of non-index funds?

I asked for a portfolio review a year or so again. I had our IRAs split between Total Bond Index and Wellesley. He didn't recommend getting rid of Wellesley but he commented that the bonds in it were of lower quality than what was in Total Bond Index. He sorta sounded like a parent saying to a kid,...
by friar1610
Thu Mar 01, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard CFP rcommendations of non-index funds?
Replies: 10
Views: 1727

Re: Vanguard CFP rcommendations of non-index funds?

I asked for a portfolio review a year or so again. I had our IRAs split between Total Bond Index and Wellesley. He didn't recommend getting rid of Wellesley but he commented that the bonds in it were of lower quality than what was in Total Bond Index. He sorta sounded like a parent saying to a kid, ...
by friar1610
Thu Mar 01, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Financial stability of federal pensions
Replies: 16
Views: 2096

Financial stability of federal pensions

There was a recent thread in which the OP sought advice on his AA given that a public sector pension covered all of his routine expenses. Several posters raised the issue of some municipal and state systems not be adequately funded, leading to a need to consider that fact in determining AA as pensio...
by friar1610
Thu Mar 01, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: House vs Condo vs Townhouse
Replies: 36
Views: 3311

Re: HOUSE vs CONDO vs TOWNHOUSE

Be aware of the financial stability of the condo complex and special assessments that may be made for repairs. Look for a condo whose trust maintains an adequate reserve fund and includes a sufficient contribution to it as part of your monthly fee. This can avoid or minimize special assessments.
by friar1610
Wed Feb 28, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: 2016 Sienna - 57k miles - any downside to buying?
Replies: 29
Views: 3494

Re: 2016 Sienna - 57k miles - any downside to buying?

Hulu wrote:
Tue Feb 27, 2018 9:41 pm
I'd compare the deal on CarGurus and have a trusted mechanic do an inspection if the negotiated price works. Good brand. Safe. Good luck!
Does anyone know to what degree you should believe Car Guru's "great deal" "good deal", "fair deal", etc. designations?
by friar1610
Tue Feb 27, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting bonds
Replies: 8
Views: 909

Re: Tax loss harvesting bonds

We have a similar loss in tax-exempt and will harvest at some point soon. Yes, if munis no longer make sense then a taxable bond is fine. You're obviously aware that the interest is taxed as income. I might hold a different bond fund in the taxable account than in the IRA so you can continue to TLH...
by friar1610
Fri Feb 23, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: What to do when no Admiral shares? Expense Ratio (Total World)
Replies: 20
Views: 2362

Re: What to do when no Admiral shares? Expense Ratio (Total World)

As I was reading your thread that's what I was gonna suggest. But I would only do the MF to ETF conversion once a year. The difference between that and several times a year will be a pittance. (Just remember that you cannot convert back fro ETF to MF.) Just to be clear, when you say I cannot conver...
by friar1610
Thu Feb 22, 2018 11:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 444
Views: 52071

Re: Your USER NAME...what does it mean?

I am a graduate of Providence College (the Friars, if you follow college basketball or hockey). The number is a reference to my Navy career.
by friar1610
Thu Feb 22, 2018 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: What to do when no Admiral shares? Expense Ratio (Total World)
Replies: 20
Views: 2362

Re: What to do when no Admiral shares? Expense Ratio (Total World)

Please, excuse my thinking on the spot here, but I had an idea. (Cue horror music) I just read it's possible to convert from a Mutual Fund to its ETF version for free. Please note I'm only dealing with my ROTH IRA in this instance. Wouldn't it be possible to just keep say $5000 ($2000 over the mini...
by friar1610
Wed Feb 21, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: My 2012 Fiat 500 is officially the most dependable car I have ever owned
Replies: 19
Views: 1164

Re: My 2012 Fiat 500 is officially the most dependable car I have ever owned

Fiat ? :shock: haven’t trusted a Fiat in many decades... remember the 850 Spyder? (then you would know why ) {...and with the issues of Fiat/Chrystler I still won’t touch one} When I was stationed in Spain in the early 70s I bought a SEAT 600. (A SEAT is a Spanish-assembled Fiat.) if served me well...
by friar1610
Wed Feb 21, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Seeking Cruise Suggestions
Replies: 36
Views: 2915

Re: Seeking Cruise Suggestions

Instead of looking for some niche cruise company, you might try an itinerary that's rich in history and art and culture, specifically a Baltic cruise. I did one on Norwegian last June that went from Copenhagen to Germany (long daytrip to Berlin or more interesting churches and history of nearby Ros...
by friar1610
Mon Feb 19, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Creating My Index Portfolio
Replies: 21
Views: 2112

Re: Creating My Index Portfolio

JoeRetire wrote:
Mon Feb 19, 2018 5:54 pm
You have $130k that has been sitting in cash for 10 years. Why?
The poster is looking for assistance going forward and seems to have come up with a sensible (and very Bogleheadish) plan. Does it really matter why he did what he did in the past?
by friar1610
Fri Feb 16, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Vacation in May. Boston, Martha's Vineyard, Ogunquit (cancelled Bar Harbor)
Replies: 35
Views: 3182

Re: Vacation in May. Boston, Martha's Vineyard, Bar Harbor

Just make sure you check out the distance/driving time from Boston to Bah Habah so you allow plenty of driving time. The NH-Maine state line isn't very far from Boston but once you get into Maine you still will have a long haul ahead of you. Maine is bigger than many people realize. But Acadia is we...
by friar1610
Sun Feb 04, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6764

Re: New Subaru Outback vs. used Volvo XC-70

I'm a Volvo guy. We picked up our 2017 V60 in Sweden last year. I love the safety features. The Blind spot indicator is just right. I hate the one in Mrs Scraprs Rav4. The lane departure is super. Just a little jiggle to the steering wheel. The Adaptive cruise is great too. Especially in stop & go ...
by friar1610
Sun Feb 04, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6764

Re: New Subaru Outback vs. used Volvo XC-70

OP here. Thanks to all for the helpful comments/suggestions/opinions. My wife and I went to the Volvo dealer on Fri to check out, as a few had suggested, the XC60. It's just not what we're in the market for. We looked again at the V60 and even took it for a spin. We left thinking that maybe it's not...
by friar1610
Sun Feb 04, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: Cheapest funeral options
Replies: 40
Views: 3766

Re: Cheapest funeral options

For those who are honorably discharged Veterans (and their spouses), you can be buried in a National cemetary or have ashes in a columbarium (parhaps at Arlington national cemetary). I have checked out the Massachusetts National Cemetery on Cape Cod, about 45 minutes from where I live. It's very ni...
by friar1610
Sat Feb 03, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6764

Re: New Subaru Outback vs. used Volvo XC-70

I'm curious about pricing. It seems like Subaru Outbacks sell for a minimum of 8% off MSRP. Doesn't sound like much to me. How about the Volvo? I dunno. Haven't looked beyond MSRPs yet (to get an idea of relative prices of various makes). First step is to figure out what kind of car I really want. ...
by friar1610
Fri Feb 02, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: All In Vanguard, Or Not?
Replies: 18
Views: 2497

Re: All In Vanguard, Or Not?

If he is so prescient he must have invested that way himself. I'm sure he'd be happy to show you his personal statements as an example of the fantastic returns that you, too, can enjoy if you put your fortunes in his capable hands.
by friar1610
Thu Feb 01, 2018 8:51 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6764

Re: New Subaru Outback vs. used Volvo XC-70

What about a CPO XC60? RM Had wanted more of a wagon type than an SUV. But I took a closer look at the XC60 (2018) on-line earlier today. They look really nice. I know the 2018s are a new generation so I'll take a closer look at what the difference is between them and the 2017 and earlier. It's pre...
by friar1610
Thu Feb 01, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6764

Re: New Subaru Outback vs. used Volvo XC-70

I'm curious about pricing. It seems like Subaru Outbacks sell for a minimum of 8% off MSRP. Doesn't sound like much to me. How about the Volvo? I dunno. Haven't looked beyond MSRPs yet (to get an idea of relative prices of various makes). First step is to figure out what kind of car I really want. ...
by friar1610
Wed Jan 31, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6764

Re: New Subaru Outback vs. used Volvo XC-70

If I did a lot of highway driving with kids, Volvo. If I had to get around in the snow a lot, Subie. Otherwise, I’d consider a Toyota Highlander or Honda Pilot. Thank you. To amplify my OP: 1. I'm 72; kids are not a factor. Probably won't be in the future either. 😉 2. Snow: yes. I live in New Engla...
by friar1610
Wed Jan 31, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6764

New Subaru Outback vs. used Volvo XC-70

I currently drive a 2005 Volvo XC-70 wagon, bought as a CPO in 2006 (with 20K miles). It's at about 150K miles now and I'm getting a hankering to replace it. Right now my two top choices are a new 2018 Subaru Outback, probably a Limited and, if I can find one, a low-mileage 2016 Volvo XC-70, probabl...
by friar1610
Sun Jan 28, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Flagship? [T. Rowe Price retirement funds]
Replies: 27
Views: 3531

Re: Flagship? [T. Rowe Price retirement funds]

As a Vanguard Flagship customer, I am heavily invested in their flagship fund, the S&P 500 Index fund. :beer
by friar1610
Fri Jan 26, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Have you ever acted on an instinct like this?
Replies: 30
Views: 3845

Re: Have you ever acted on an instinct like this?

FrankLUSMC wrote:
Tue Jan 23, 2018 2:36 pm
bottlecap wrote:
Tue Jan 23, 2018 1:40 pm
Yes. I pulled out to late and got back in too late.

JT
Ha HA, sounds like an erotic joke, won't go into here. LOL :sharebeer
You can always count on a Marine! 😬
by friar1610
Fri Jan 26, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax - Download?
Replies: 7
Views: 741

Re: Turbo Tax - Download?

jehovasfitness wrote:
Fri Jan 26, 2018 1:24 pm
You can go on Amazon and download the software instead of physical CD.
I was doing a little surfing last night to try to find a good price on TT (I use Deluxe). It looked like a download version was $10 more than a CD version. Is that the price for instant gratification, I wonder?