Recent content by Running_Man

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    Medigap plan G vs plan N

    The biggest advantage of having Plan G over Plan N is the doctor knows they can bill more and be paid and I have found that when you need top care it is easier to get with plan G. My Father in Law had heart surgery at age 91 and he got top care from Mayo doctors in Scotsdale.
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    $15 to drive into new york city

    City officials are exempted and rich people are unaffected by a $15 fee, it is to free up the streets for the connected.
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    Social Security (House) Proposal

    They borrow against stock and can go a lifetime without paying any taxes. Secondarily they put a $5,000 ownership contribution in a new company in a Roth, then when they announce they will run the company for free the stock soars and they get millions tax free in a ROTH. See Peter Thiel who...
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    Reducing stock exposure in Retirement, age 60+

    For a married couple dividends are not taxable at all until taxable income exceeds $89,250. And dividends are taxable at the LT Capital gains rate of 15% until income exceeds $500,000. With the standard deduction of $29,000, an income combining dividends and social security to get $88,000 of...
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    Latest Inflation Numbers and Discussion

    For 100 years from 1820 to 1920 inflation was exactly equal to zero. There were periods of inflation and periods of deflation but the economy even though it struggled at times always recovered. These cycles tended to punish speculators Once the Federal Reserve got all their powers and removed...
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    Larry Swedroe on the Problems of High US Equity Valuations

    The median salary in Ghana is $359 per month. GDP of the country is 63 billion about equal to about one month of Amazon's revenue, 1/3 of Jeff Bezo's net worth - 33 million people total have a country of 1/3 of what Jeff Bezo's owns. There are 33 KFC stores in Ghana In 2000 the USA...
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    Suggestions for estimating future RMDs

    If there is any company stock in a 401K there are very large tax reasons to keep the 401K - you can transfer the stock to a brokerage account and tax owed is only on the original price paid for the stock at that time, then when you sell the stock your tax is a capital gain and not ordinary...
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    Larry Swedroe on the Problems of High US Equity Valuations

    https://static.fmgsuite.com/media/documents/bc618705-6161-4c00-be7f-c667c90c61b5.pdf In January 2000 the Cape 10 was at 42. It had risen in a steady uptrend for over 18 years from a level of 6.62 in 1982. In 2000 no-one was worried about the CAPE 10 index, only in 2009 after the CAPE 10 fell...
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    Chart of the Day

    cocoa Unprecedented 70 year rally
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    Annuity options

    I just entered your data into Fidelity Annuity Estimator based on you being 45 and your wife 12 years older and you can get a lifetime annuity with a 5.4% payout for life and 20 years certain. The advantage of annuities is you lock in the interest rate for life. If one believes interest rates...
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    What is the minimum size (percentage) holding that is worthwhile?

    There is no minimum size Warren Buffet owns stocks that represent less than 1 1/100th of a percent of the total holdings of Berkshire Hathaway.
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    Was Microsoft a Value Trap in 2012?

    https://www.early-retirement.org/forums/f44/microsofts-lost-decade-62113-3.html And you can see here on this thread that very few people had any idea of the value of the company despite being a great company and growing over decades. As I pointed out then, Microsoft was a growth company...
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    Silver Coin Collecting Question

    Those are nice. protect the coin and make for a lovely display. A sealed tube is worth nothing more other than the value of the tube.
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    Latest Inflation Numbers and Discussion

    So the price of food and energy are not relevant for purposes of inflation? CPI-U is up 3.1% and 0.5% in the last month before seasonal adjustments - that is a 6 per cent annual rate in the last month which was unexpectedly higher.
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    Latest Inflation Numbers and Discussion

    This year's 3.4% is higher than all but one year prior to the 2020 Covid induced inflation over the last 30 years. 40 of the last 110 years have been under 2% inflation. 22 of the 110 were over 5%, so that 20% of the time the inflation rate is more than twice the target of the Federal Reserve...
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