Search found 7288 matches

by midareff
Mon Jan 25, 2021 5:15 pm
Forum: Personal Consumer Issues
Topic: Cell phone security
Replies: 21
Views: 1460

Re: Cell phone security

I don't have any financial institution apps on my phone and don't do any financial transactions on it. All transactions are done on a home computer with an Ethernet connection to our router. If I use the laptop it is VPN'd and encrypted.
by midareff
Fri Jan 22, 2021 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Is Amex Blue Cash preferred card still worth keeping?
Replies: 51
Views: 3274

Re: Is Amex Blue Cash preferred card still worth keeping?

We run about $500 a month (+/-) at the grocery store(s). Discovered our local grocery store pharmacy is sometimes more competitive than the mail order pharmacy and it runs through like groceries. :D
by midareff
Fri Jan 22, 2021 8:42 am
Forum: Personal Investments
Topic: personal portfolio advice
Replies: 9
Views: 530

Re: personal portfolio advice

Is that before or after the Advisor's cut?
by midareff
Sat Jan 16, 2021 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Leaving FA - had the convo, could use some support!
Replies: 32
Views: 2770

Re: Leaving FA - had the convo, could use some support!

Hi fellow bogleheads, This is the final post in my journey from shifting a complicated, inherited portfolio at Morgan Stanley to DIY at Schwab. I've asked some questions on this forum and have gotten some great advice. I've opened all of the accounts at Schwab, downloaded December statements and co...
by midareff
Thu Jan 14, 2021 7:39 am
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

I would question the idea of a receiver, defined as a box that includes AM/FM along with an amp. Every radio station I have any interest in has online streaming, and there are many online-only stations that cater to special interests in music. I have a Cambridge CXN streamer, which also connects to...
by midareff
Wed Jan 13, 2021 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: Update on Any Issues or Experiences
Replies: 72
Views: 5330

Re: Fidelity 2% Credit Card: Update on Any Issues or Experiences

Only good experiences. Caught a fraud charge on one of their 2% cards and called them. Cancelled card and overnighted a new one to me. Nothing but good stuff to report on them. Cards are set to auto-pay in full on the due date and they deposit my 2% into a Fidelity cash account monthly. Best thing s...
by midareff
Wed Jan 13, 2021 11:41 am
Forum: Investing - Theory, News & General
Topic: Muni bonds for taxable account?
Replies: 52
Views: 4692

Re: Muni bonds for taxable account?

These distributions are the wrong numbers for comparison. The SEC yields are 0.87% for Intermediate-Term Tax-Exempt and 1.11% for Total Bond Market; these would be equal in a 22% tax bracket. See SEC Yield on the wiki for the reason for using SEC yield rather than distribution yield to compare fund...
by midareff
Wed Jan 13, 2021 10:43 am
Forum: Investing - Theory, News & General
Topic: Muni bonds for taxable account?
Replies: 52
Views: 4692

Re: Muni bonds for taxable account?

In a 22% bracket, I would prefer taxable bonds, which are likely to earn more after-tax than munis of comparable risk. That is not currently correct. The important part of this statement is "comparable risk". For example, Admiral shares of Vanguard High-Yield Tax-Exempt yield 1.92%, which...
by midareff
Wed Jan 13, 2021 8:38 am
Forum: Investing - Theory, News & General
Topic: Muni bonds for taxable account?
Replies: 52
Views: 4692

Re: Muni bonds for taxable account?

In a 22% bracket, I would prefer taxable bonds, which are likely to earn more after-tax than munis of comparable risk. That is not currently correct. The important part of this statement is "comparable risk". For example, Admiral shares of Vanguard High-Yield Tax-Exempt yield 1.92%, which...
by midareff
Wed Jan 13, 2021 8:35 am
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

I would question the idea of a receiver, defined as a box that includes AM/FM along with an amp. Every radio station I have any interest in has online streaming, and there are many online-only stations that cater to special interests in music. I have a Cambridge CXN streamer, which also connects to...
by midareff
Wed Jan 13, 2021 8:29 am
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

Hi — I'm a wanna-be audiophile. I like having a nice stereo, but don't want to go off the deep end on cost and quality. So bogleheads seemed to be the place to ask for recommendations on receiver, subwoofer, and a center speaker! My 1992 Onkyo is failing, so I want a receiver that is good for music...
by midareff
Tue Jan 12, 2021 5:45 am
Forum: Investing - Theory, News & General
Topic: Muni bonds for taxable account?
Replies: 52
Views: 4692

Re: Muni bonds for taxable account?

In a 22% bracket, I would prefer taxable bonds, which are likely to earn more after-tax than munis of comparable risk. That is not currently correct. The important part of this statement is "comparable risk". For example, Admiral shares of Vanguard High-Yield Tax-Exempt yield 1.92%, which...
by midareff
Tue Jan 12, 2021 5:41 am
Forum: Investing - Theory, News & General
Topic: Muni bonds for taxable account?
Replies: 52
Views: 4692

Re: Muni bonds for taxable account?

I think am not in the high tax bracket but wanted to ask if it make sense to hold muni bonds in taxable account (since no federal tax) and total bond index fund in 401k account. Per BH principle, bonds belongs to tax-deferred account but I wanted to add some muni bonds in my taxable account at Fide...
by midareff
Fri Jan 08, 2021 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Going to be Vaccinated today!! Who else?
Replies: 4
Views: 822

Re: Going to be Vaccinated today!! Who else?

I was Pfizered on Wednesday. Less soreness than a typical flu shot. YMMV.
by midareff
Fri Jan 08, 2021 8:40 am
Forum: Personal Finance (Not Investing)
Topic: What did you spend in 2020?
Replies: 204
Views: 12700

Re: What did you spend in 2020?

Family of 2 retirees..... about $6K on groceries, maybe $1K on takeout food, couple hundred on Amazon Prime and Netflix, all the rest SSDD, no travel, almost no gas, just dull and boring.
by midareff
Fri Jan 08, 2021 8:37 am
Forum: Personal Finance (Not Investing)
Topic: What did you spend in 2020?
Replies: 204
Views: 12700

Re: What did you spend in 2020?

BAM55 wrote: Wed Dec 30, 2020 12:22 am
iamblessed wrote: Tue Dec 29, 2020 10:55 am We spent about 22k for everything including income taxes. We are retired.
I think we spent $22k on wine this year...
$22K just about covered medical and dental.
by midareff
Thu Jan 07, 2021 9:42 am
Forum: Personal Investments
Topic: How do you take RMDs if you have no cash in sweep fund?
Replies: 12
Views: 1394

Re: How do you take RMDs if you have no cash in sweep fund?

I use Vanguard's automatic scheduled sell provision to sell 1/12 of my yearly RMD monthly from a fund (not ETF) each month and send that money directly to my bank.
by midareff
Mon Jan 04, 2021 12:27 pm
Forum: Personal Consumer Issues
Topic: Best age for "bucket list" trips with kids
Replies: 40
Views: 2845

Re: Best age for "bucket list" trips with kids

cheese_breath wrote: Sat Jan 02, 2021 3:27 pm When they're old enough to appreciate it, and you're young enough to do it.
Emphasis added by a guy why wants to do the Galapagos but doesn't want (or can't anymore) to fly into an 11,000 altitude city to start or end the trip.
by midareff
Mon Jan 04, 2021 11:46 am
Forum: Personal Finance (Not Investing)
Topic: How do you pay your taxes? Check or EFTPS?
Replies: 69
Views: 3779

Re: How do you pay your taxes? Check or EFTPS?

I use EFTPS Quarterly. At the beginning of the year I do estimates and set up quarterly pays from the account I use to transfer for that purpose. If something happens during the year that would change my estimate significantly I either add or change a scheduled payment.
by midareff
Mon Jan 04, 2021 11:41 am
Forum: Personal Finance (Not Investing)
Topic: What are you doing with credit points/bonuses? Best alternatives?
Replies: 35
Views: 1661

Re: What are you doing with credit points/bonuses? Best alternatives?

I avoid cards and programs that produce points. I use the AMEX 6% cash back on groceries card, the PenFed 5% cash back on gas card, the Fidelity 2% cash back on everything card and the Amazon 5% off Amazon and Whole Foods cards. Give me money and keep the points, especially points I have to spend th...
by midareff
Sun Jan 03, 2021 8:07 am
Forum: Investing - Theory, News & General
Topic: Muni bonds for taxable account?
Replies: 52
Views: 4692

Re: Muni bonds for taxable account?

I think am not in the high tax bracket but wanted to ask if it make sense to hold muni bonds in taxable account (since no federal tax) and total bond index fund in 401k account. Per BH principle, bonds belongs to tax-deferred account but I wanted to add some muni bonds in my taxable account at Fide...
by midareff
Fri Jan 01, 2021 10:46 am
Forum: Personal Finance (Not Investing)
Topic: 2020 Net Worth
Replies: 111
Views: 7250

Re: 2020 Net Worth

TheTimeLord wrote: Fri Jan 01, 2021 10:32 am Adding a touch of context and perspective to this thread.

Image
Interesting, wide disparity between 75% and 90% in early 70's age group.
by midareff
Fri Jan 01, 2021 10:44 am
Forum: Personal Finance (Not Investing)
Topic: 2020 Net Worth
Replies: 111
Views: 7250

Re: 2020 Net Worth

Roughly 17.8% increase after 4% withdrawal, so 21.8% seems to be my number. Increases this year would seem to be a strict byproduct of AA.
by midareff
Thu Dec 31, 2020 9:52 am
Forum: Non-US Investing
Topic: No more yield for stocks?
Replies: 26
Views: 2413

Re: No more yield for stocks?

I'll have a better idea of the next decade's returns about a decade from now.
by midareff
Wed Dec 30, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Wait until 70 to take social security?
Replies: 161
Views: 15817

Re: Wait until 70 to take social security?

Midareff. Are you saying by taking it early you used that SS money that would have been 8% bigger if you had waited, allowing the money you would have used from taxable to grow more, at 9%. So it was a net gain? The SS monthly would have gained 8% annually, the money I didn't use to replace that be...
by midareff
Wed Dec 30, 2020 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Wait until 70 to take social security?
Replies: 161
Views: 15817

Re: Wait until 70 to take social security?

I’m 65, retired, approaching my full retirement at 66and 2 months. Take S.S. then and get $2760 a month or wait until 70 and get $3607 ?I live frugally, and don’t need the added money. When I run the numbers, investing the earlier amount at 6% leads to a head start the larger withdrawal doesn’t cat...
by midareff
Tue Dec 29, 2020 4:54 pm
Forum: Personal Investments
Topic: Expected real rate of return
Replies: 134
Views: 6828

Re: Expected real rate of return

I retired at the start of April, 2012, and for the decade prior to that projected a 7% annual return on investments. It tuned out to be (more or less) accurate to some degree. From the 11 years from 2010 through today my average annual portfolio return has been 9.8% on a conservative portfolio which...
by midareff
Mon Dec 28, 2020 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should i pay off my 15 year 2.85% mortgage?
Replies: 169
Views: 9057

Re: Should i pay off my 15 year 2.85% mortgage?

The question at the end of the day is: Can you make more than 2.85%, with appropriate tax considerations and calculations, on that money over the next 15 years with a Boglehead type portfolio? My guess is yes, and easily. That is true but i also want to keep my expenses as low as possible so that i...
by midareff
Mon Dec 28, 2020 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Should i pay off my 15 year 2.85% mortgage?
Replies: 169
Views: 9057

Re: Should i pay off my 15 year 2.85% mortgage?

The question at the end of the day is: Can you make more than 2.85%, with appropriate tax considerations and calculations, on that money over the next 15 years with a Boglehead type portfolio? My guess is yes, and easily.
by midareff
Sat Dec 26, 2020 9:27 am
Forum: Personal Consumer Issues
Topic: What exactly are YOU doing in retirement?
Replies: 93
Views: 8675

Re: What exactly are YOU doing in retirement?

I'm 72 until Monday, then 73 and she is 57 and a Thai with US Citizenship. We traveled internationally 3 to 5 times a year pre-Covid. I shot images and she did videos all to be processed and annotated after returning home. We exercise walk vigorously mornings, I generally do a second 2 mile walk lat...
by midareff
Sat Dec 26, 2020 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Penfed mortgage experiences
Replies: 11
Views: 808

Re: Penfed mortgage experiences

I refinanced with them back around 2012 or so at 3.00%, 30 year. No problems at all. Every couple of years or so I forget to send them proof of insurance and they send me a letter asking for it. I self escrow for property tax and insurances. No issues at all. At the time I closed they allowed you to...
by midareff
Sat Dec 26, 2020 8:31 am
Forum: Investing - Theory, News & General
Topic: Looking to truly understand “ability, willingness and need to take risk“ concept
Replies: 55
Views: 3790

Re: Looking to truly understand “ability, willingness and need to take risk“ concept

Hi all. When it comes to asset allocation (stocks/bonds balance,) many of my favorite authors such as Larry Swedroe, Rick Ferri, etc, have posed the idea to investors: “ Never take more risk than you have the ability, willingness or need to take.” This concept feels prudent, but is also complicated...
by midareff
Fri Dec 25, 2020 3:04 pm
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

I was going to start re-ripping my CDs into a lossless format but think I may go with a Tidal subscription instead. I’ve got a BlueSound Vault which rips CDs easily enough, but I think it was probably a foolish purchase for the few CDs I can’t stream. Oh well, sunk cost. The TIDAL service is at lea...
by midareff
Wed Dec 23, 2020 10:42 am
Forum: Personal Investments
Topic: Restructuring a conservative bond portfolio
Replies: 20
Views: 1933

Re: Restructuring a conservative bond portfolio

It really is tough to make statements about an all bond IRA without a full understanding of your needs, costs and retired income structure but; 1. You pay full tax as funds, when withdrawn from an IRA in retirement are taxed as regular income. With the bond portfolio you have selected you will lose ...
by midareff
Wed Dec 23, 2020 10:14 am
Forum: Investing - Theory, News & General
Topic: Considering Investing in Value Only - Thoughts
Replies: 114
Views: 7007

Re: Considering Investing in Value Only - Thoughts

I think it's entirely reasonable to have a value only or small value only or multi-factor only portfolio. But you are going to need high conviction to successfully implement that portfolio because some Bogleheads will make fun of you when it underperforms. Heck, we still get threads from people jet...
by midareff
Wed Dec 23, 2020 10:12 am
Forum: Investing - Theory, News & General
Topic: Considering Investing in Value Only - Thoughts
Replies: 114
Views: 7007

Re: Considering Investing in Value Only - Thoughts

Bogleheads: If one cannot understand the danger of investing in a single style category now they may never understand. Simply compare value stocks recent risk and return with total stock market recent risk and return. Read this: What Experts Say About Total Market Index Funds Happy Holidays Taylor ...
by midareff
Wed Dec 23, 2020 10:10 am
Forum: Investing - Theory, News & General
Topic: Considering Investing in Value Only - Thoughts
Replies: 114
Views: 7007

Re: Considering Investing in Value Only - Thoughts

I think investing in only one sector of the market, in this case Value, is not only anti-Bogle, it is somewhat foolish.Statistically we know certain market sectors will out-perform or under-perform over periods of time, sometimes significantly extended periods of time. If you feel like you have conv...
by midareff
Wed Dec 23, 2020 10:03 am
Forum: Investing - Theory, News & General
Topic: What long-term real return do you now expect?
Replies: 86
Views: 7858

Re: What long-term real return do you now expect?

I am using 4% real for my all stock accounts (e.g. Roth) and 2.5% real for my 70/30 portfolio. That sounds like a reasonable figure. OTOH, when I look at this year with a Total Stock Market (VTSAX) REAL as of December 23, 2020 of 18.52% (12 month Total Return 19.83% per M*) and a 12 month REAL as o...
by midareff
Wed Dec 23, 2020 9:55 am
Forum: Investing - Theory, News & General
Topic: Weird idea on taxable holdings. CG tax reduction
Replies: 18
Views: 1131

Re: Weird idea on taxable holdings. CG tax reduction

Have an idea that might make sense for tax purposes? Involves capital gains in taxable. Does it make sense to constantly rotate your holdings? For instance you hold a US total market index. You would sell the holdings once LCG kicks in after one year. You might incur CG tax for the short period of ...
by midareff
Mon Dec 21, 2020 9:27 am
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

It's really too bad that listening to 96kHz material vs. higher resolution material is audible. You just can't convince people who can hear the difference, that includes me, by citing measurements and numbers. Today's higher end DACs provide jitter and frequency response all the way from 44.1 to 19...
by midareff
Sun Dec 20, 2020 6:20 pm
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

It's really too bad that listening to 96kHz material vs. higher resolution material is audible. You just can't convince people who can hear the difference, that includes me, by citing measurements and numbers. Today's higher end DACs provide jitter and frequency response all the way from 44.1 to 19...
by midareff
Sun Dec 20, 2020 5:13 pm
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

Sorry ..... there are two camps on this...... those that listen and can hear the differences and those with tin ears who rely on measurements. If you assemble a system which has sufficient sonic and spacial resolution the differences are easily heard. If you listen through a table radio you might a...
by midareff
Sun Dec 20, 2020 4:57 pm
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

I was going to start re-ripping my CDs into a lossless format but think I may go with a Tidal subscription instead. I’ve got a BlueSound Vault which rips CDs easily enough, but I think it was probably a foolish purchase for the few CDs I can’t stream. Oh well, sunk cost. The TIDAL service is at lea...
by midareff
Sun Dec 20, 2020 11:22 am
Forum: Personal Consumer Issues
Topic: Favorite Travel Experiences
Replies: 178
Views: 12716

Re: Favorite Travel Experiences

I'm fortunate to have retired at 64 with the ability to cruise several times a year, except for this year of course. We like to see and explore things and places, and have our hotel take us there (cruise ship). Our last trip was 34 days from Buenos Aires down and around Cape Horn up the western sid...
by midareff
Sun Dec 20, 2020 10:29 am
Forum: Personal Consumer Issues
Topic: Favorite Travel Experiences
Replies: 178
Views: 12716

Re: Favorite Travel Experiences

I'm fortunate to have retired at 64 with the ability to cruise several times a year, except for this year of course. We like to see and explore things and places, and have our hotel take us there (cruise ship). Our last trip was 34 days from Buenos Aires down and around Cape Horn up the western sid...
by midareff
Sun Dec 20, 2020 10:22 am
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

I would question the idea of a receiver, defined as a box that includes AM/FM along with an amp. Every radio station I have any interest in has online streaming, and there are many online-only stations that cater to special interests in music. I have a Cambridge CXN streamer, which also connects to...
by midareff
Sun Dec 20, 2020 10:07 am
Forum: Personal Consumer Issues
Topic: Pragmatic "audiophile" receiver recommendations
Replies: 105
Views: 6369

Re: Pragmatic "audiophile" receiver recommendations

Collective wisdom for sound quality from those guys tends to be: Room Treatment > Speakers > Processors > Cables. I agree, but if you’ll indulge me, I would change it to: Hardware room treatment > software room treatment > speakers > processors > cables. I am a huge fan of Anthem Room Correction, u...