Search found 368 matches

by musbane
Sat May 09, 2015 10:38 am
Forum: Personal Finance (Not Investing)
Topic: New Math for Retirees and the 4% Withdrawal Rule
Replies: 96
Views: 13164

Re: New Math for Retirees and the 4% Withdrawal Rule

Nisiprious stated that with a zero % real return, 4% / year would last 25 years. This is true. There is no degradation due to inflation.
by musbane
Thu Apr 23, 2015 11:14 am
Forum: Personal Consumer Issues
Topic: cleaning plastic eyeglass lenses
Replies: 30
Views: 1923

Re: cleaning plastic eyeglass lenses

My glasses salesman just showed me a new wrinkle. Do everything Nisiprious said except at the end, instead of wiping them with ANYTHING, reduce the flow of warm water to little more than a trickle. Then, while holding the lenses vertical, let the water flow over the lenses as you move them from one ...
by musbane
Tue Apr 14, 2015 12:59 pm
Forum: Personal Consumer Issues
Topic: Vehicle for tall people/Spouse wants 50k car help!
Replies: 77
Views: 6252

Re: Vehicle for tall people/Spouse wants 50k car help!

6'4" here and my Porsche Cayenne is the first car I have been in with more room than I need. Also a superb drivers car. Used CPO is the way to go. Post 2010 they get high reliability ratings. Very safe. All the nice options are cheap or free if buying used. I guess there's just a huge snob prem...
by musbane
Wed Apr 01, 2015 11:55 am
Forum: Personal Consumer Issues
Topic: New Car Tires from Discount Tire
Replies: 23
Views: 3015

Re: New Car Tires from Discount Tire

Just purchased tires from Discount for the first time. You do not have to buy any extra warrantee to get the free tire rotations. Interestingly, the guy said that the tire company would live up to its 75,000 warrantee only if the tread wear was even. Also, while I never buy aftermarket warranties, y...
by musbane
Wed Apr 01, 2015 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead Jeep owners? ("real Jeep's")
Replies: 51
Views: 3129

Re: Boglehead Jeep owners? ("real Jeep's")

Now, don't be offending all the Cherokee owners out there. I don't know about the newer ones but I have an '89 which I bought new. Three inch lift, 31 inch tires, adjustable shocks, 410 gearing, winch,locking ARB locking differentials front and rear. Extra cooling capacity, other stuff I can't even ...
by musbane
Wed Apr 01, 2015 10:11 am
Forum: Personal Consumer Issues
Topic: Tesla to start making Batteries for Home Solar
Replies: 61
Views: 4876

Re: Tesla to start making Batteries for Home Solar

A few points. Lithium batteries have several advantages. But one of them is their light weight compared to lead acid technology. This makes them ideal for vehicles. Houses on the other hand, don't much care about weight. So there will have to be a bigger spread in other attributes (cost, life, safet...
by musbane
Tue Mar 10, 2015 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Are 10% of American Households Millionaires?
Replies: 12
Views: 2577

Re: Are 10% of American Households Millionaires?

You're right. I was actually responding to Felix. Sloppy on my part.
by musbane
Tue Mar 10, 2015 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Are 10% of American Households Millionaires?
Replies: 12
Views: 2577

Re: Are 10% of American Households Millionaires?

But if 9% of households make millionaire by retirement that means 9% of retiree households have a million. And retirees are what? Maybe 30 % of the population? So millionaires would equal about 2.7% of the households.
by musbane
Mon Mar 09, 2015 4:10 pm
Forum: Investing - Theory, News & General
Topic: If you could send an investment message 10 years in the past
Replies: 62
Views: 5014

Re: If you could send an investment message 10 years in the

For those considering heavy leverage, think about the scenario whereby you, say, go long Apple and, even though you have the end points correct, the stock dips in the early days, and you get a huge margin call. :oops:
by musbane
Fri Feb 27, 2015 12:48 pm
Forum: Personal Consumer Issues
Topic: Father / Son Deep Sea Fishing Trip
Replies: 21
Views: 1707

Re: Father / Son Deep Sea Fishing Trip

If traveling is possible, think about Baja.

Cabo if you like night life. Los Barriles if you don't.
by musbane
Fri Feb 27, 2015 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you have saved up for retirement at age 30?
Replies: 173
Views: 15145

Re: How much did you have saved up for retirement at age 30?

At 30 I was newly married and our net worth in today's dollars was about minus $50,000. (Boat loan plus credit card debt.) At that time I first realized that I really was going to have to work for a living. Got a job paying $7,000/ yr (1977 dollars) went back to school nights. Retired at 53. That wa...
by musbane
Wed Feb 25, 2015 12:53 pm
Forum: Personal Consumer Issues
Topic: Guns for hunting/defense
Replies: 134
Views: 9506

Re: Guns for hunting/defense

I think I'm related to the OP. 1. Glock 23 in .40. Generation 2. I think .40 is becoming less popular but I like the compromise between 9 mm and .45. 2. Remington 700 in 30-06. As versatile a rifle as you can get. Bought it at Doc Holliday's hock shop in Albequerque in 1973. Absolutely beautiful pie...
by musbane
Tue Feb 24, 2015 12:12 pm
Forum: Personal Consumer Issues
Topic: Pellet stoves -- whats your take?
Replies: 38
Views: 3314

Re: Pellet stoves -- whats your take?

This is not a balanced report. I would just add that one of the advantages of a wood stove is heat during a power outage.

This doesn't work with a pellet stove.
by musbane
Fri Feb 13, 2015 12:17 pm
Forum: Personal Consumer Issues
Topic: I'm not a bad Boglehead [buying Powerball ticket]
Replies: 101
Views: 6988

Re: I'm not a bad Boglehead [buying Powerball ticket]

I think of it as a religious question.

If God doesn't want me to win, I won't.

If She wants me to win, She only needs me to buy one ticket. In my life.

I haven't bought it yet.
by musbane
Mon Jan 26, 2015 9:34 pm
Forum: Investing - Theory, News & General
Topic: Get 17% in russian savings account?
Replies: 49
Views: 4747

Re: Get 17% in russian savings account?

No expert here, but if the gamble is at least partly that Russia gets its inflation under control, well if you win, what is to keep Russia from calling their bonds? Changing their bank rates? I don't think they have to let you win even if your assumptions are correct. Unless they really are a bunch ...
by musbane
Sat Jan 03, 2015 1:10 pm
Forum: Personal Consumer Issues
Topic: Do you usually order (not-free) beverage at restaurants?
Replies: 89
Views: 8089

Re: Do you usually order (not-free) beverage at restaurants?

Quit drinking alcohol so, making a virtue out of necessity, I usually order water.

Actually, quit last year and figure I save $10,000 per year. :sharebeer
by musbane
Tue Dec 30, 2014 1:52 pm
Forum: Personal Consumer Issues
Topic: Advice Regarding the Best Method for Selling Silver Items
Replies: 6
Views: 799

Re: Advice Regarding the Best Method for Selling Silver Item

Silver and other precious metals are sold by the Troy ounce of which there are 14.583333... in a pound.
by musbane
Wed Dec 24, 2014 8:12 pm
Forum: Personal Consumer Issues
Topic: Vacuum Food Sealers - Love it or gimmick?
Replies: 23
Views: 3304

Re: Vacuum Food Sealers - Love it or gimmick?

Used to live on a sailboat and had to provision some items for six months. Worked great. Also there is an attachment to let you use Mason jars. Very useful for cereals, pasta, all kinds of things. Interestingly, the straw method with zip loc bags described above works well and has the advantage of t...
by musbane
Wed Dec 24, 2014 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Include Pensions/SS/Annuities in NW Calculations?
Replies: 50
Views: 3117

Re: Poll: Include Pensions/SS/Annuities in NW Calculations?

Thought experiment. Assume 2 millian in liquid assets . Assume 40,000 in yearly ss payments. Assume the cost of buying a $40,000 inflation adjusted annuity is 1 million. Object : how much can I spend yearly? I believe I can spend more than 4% if I am prepared to cut this drastically if the market tr...
by musbane
Mon Dec 15, 2014 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Helping out family members
Replies: 64
Views: 5158

Re: Helping out family members

Agree strongly with others suggesting you consider it a no strings gift. Forgiveness is good for the soul. It is not the same as forgetting. You would not be taking this money out of net savings because you don't as yet have any. Therefore, since you would be using other funds that would otherwise g...
by musbane
Mon Dec 08, 2014 11:45 pm
Forum: Personal Consumer Issues
Topic: Hudson Bay Company Blanket
Replies: 8
Views: 1669

Re: Hudson Bay Company Blanket

LL Bean has been selling them since 1925. Still have ours from about 1978. Still in good condition. Don't use it any more. Prefer fairly heavy down comforter. After you get used to one , your body learns to stick more or less arms and legs outside it to regulate temperature without waking up. Price ...
by musbane
Sun Dec 07, 2014 11:14 pm
Forum: Personal Consumer Issues
Topic: how to join nylon webbing?
Replies: 26
Views: 2152

Re: how to join nylon webbing?

Sailers are faced with this task all the time.

Overlap the two ends by at least the width of the strap. Then, using sailmakers thread (Dacron - won't rot from the sun) sew them together in an 'X' pattern.

A palm would be useful, but you can probably do it with a thimble.
by musbane
Sun Dec 07, 2014 11:00 pm
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3667

Re: Family jewels, kind of.

Agree with all the 'no' posts above. Small additional point. If the inlaws really believe they got a good deal on these, then by accepting the deal, you will not only have a bad deal, but you will OWE them forever :oops: . I've been married almost 40 years. Talk to your girlfriend. If she really doe...
by musbane
Sat Nov 22, 2014 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help with global ETfs from New Zealand
Replies: 21
Views: 2192

Re: Help with global ETfs from New Zealand

I agree with Value Thinker here. Sounds like a combination of the 80-20 rule and "Don't let the desire for a perfect plan ruin a good plan". So precisely how would a NZ citizen invest in this ETF with the least cost? And what about a dual USA/NZ citizen residing in NZ? (Two different people)
by musbane
Wed Nov 05, 2014 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Planning to Retire at 55
Replies: 22
Views: 3686

Re: Planning to Retire at 55

You look good. Think seriously about converting IRAs to Roths gradually up to maybe the end of the 15% bracket in the early years of your retirement while you are living on taxable funds and before taking SS. Also agree on waiting till 70 for SS. You have a long time till Medicare. Make sure you are...
by musbane
Wed Nov 05, 2014 1:15 am
Forum: Personal Consumer Issues
Topic: LED Christmas lights?
Replies: 19
Views: 3922

Re: LED Christmas lights?

Not for us .

We still use candles...
by musbane
Sat Nov 01, 2014 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Where to with Cash?
Replies: 34
Views: 3116

Re: Where to with Cash?

I know the feeling. My CDs are all coming due this January. I know I need to keep it in fixed income, but there are no good choices.
by musbane
Sat Nov 01, 2014 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Where to with Cash?
Replies: 34
Views: 3116

Re: Where to with Cash?

Well, I'm 67 too. 2008 was hard for me also. After it went back up again, we decided that we had too large a pct. in stocks and we altered our plan to include more bonds. Well, in our case CDs. They're right, above, you know. Read some of the recommended books Likely, you are simply realizing that y...
by musbane
Sat Nov 01, 2014 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Art, Antiques, and Collectibles and wines
Replies: 53
Views: 4627

Re: Investing in Art, Antiques, and Collectibles and wines

An interesting point about investing in great wine is that it should grow in value for three distinct reasons. I can think of no other commodity where this is true. 1) assuming something like a Latour from a good recent year, it will keep up with inflation like other commodities. 2) it will get rare...
by musbane
Thu Oct 30, 2014 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Are we really in the 0% bracket?
Replies: 32
Views: 4100

Re: Are we really in the 0% bracket?

I must apologize for appearing to not follow up sooner than this. I actually did yesterday and submitted it only to find out now that it disappeared - went poof! In the mean time a lot of great answers/theories were brought forward by the members of this forum and we thank you all for chiming in and...
by musbane
Tue Oct 28, 2014 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Are we really in the 0% bracket?
Replies: 32
Views: 4100

Are we really in the 0% bracket?

I find this strange. Background: Married filing jointly Retired no ss yet We have been converting to Roth for about 6 years up to the end of the 15% bracket. $6600 qualified dividends in a taxable account. This year we have $70000 in long term capital gains in a taxable account. We're not used to th...
by musbane
Thu Oct 16, 2014 10:48 am
Forum: Investing - Theory, News & General
Topic: Poll: which portion of the chart shows higher volatility?
Replies: 26
Views: 1589

Re: Poll: which portion of the chart shows higher volatility

Well, Clive, so did I, which accounts for most of the votes on our side :sharebeer
by musbane
Tue Oct 14, 2014 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need dispensation to pay ROTH conversion taxes from tIRA
Replies: 25
Views: 887

Re: Need dispensation to pay ROTH conversion taxes from tIRA

OK, you have run out of your (presumably taxable) mm fund. What are you living on? If you will have to take funds out of a Roth to avoid going over the 15% bracket, than converting into a Roth ouldn't make sense. Otherwise I see no objection. Oh, and if you think I'm suggesting that you are an idiot...
by musbane
Tue Oct 14, 2014 4:29 am
Forum: Investing - Help with Personal Investments
Topic: You and your spouse
Replies: 2
Views: 757

Re: You and your spouse

Retired almost 40 year married guy here. I do all of our investing with substantial help from many bogleheads to whom I am indebted. My wife does all our taxes. Neither of us does anything substantial without discussion. We have never had a disagreement about either of these endeavors. Other issues,...
by musbane
Tue Oct 14, 2014 4:01 am
Forum: Investing - Theory, News & General
Topic: Does your ROTH hold risky or stable items?
Replies: 56
Views: 4063

Re: Does your ROTH hold risky or stable items?

Retiree here. I have about 40% of my liquid assets in a Roth, all from IRA conversions and all in tilted equities. All from conversions in the last six years that have done quite well. Except for the last month as per Livesoft. I have now run out of taxable money, and will be withdrawing from IRAs t...
by musbane
Sat Oct 11, 2014 8:09 am
Forum: Investing - Help with Personal Investments
Topic: it will take me about 38 years to reach $1M at this rate
Replies: 25
Views: 3508

Re: it will take me about 38 years to reach $1M at this rate

The trick over the rest of your career is to save most of any raises you get. This wins two ways. One, your saving rate goes up more quickly relatively painlessly. Two, you don't get used to a higher standard of living than you can afford. It's what people here mean by 'living below your means'. Thi...
by musbane
Thu Sep 18, 2014 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: A safe full of cash
Replies: 22
Views: 3174

Re: A safe full of cash

Certainly it is possible to imagine scenarios where cash is of no help. But I at least find it easier to think of situations where cash would likely be far more useful than stocks, bonds, or even money in the bank. Such as right now in Baja Sur. No Internet, little telephone... If this goes on, then...
by musbane
Sun Sep 14, 2014 7:42 pm
Forum: Personal Consumer Issues
Topic: Hamilton watches, worth the money?
Replies: 262
Views: 17915

Re: Hamilton watches, worth the money?

I bought a self winding Hamilton a few (3?,4?) years ago on line for about $400 and I am compleatly satisfied. Quite accurate for an automatic and even I can't scratch the sapphire face!
by musbane
Sun Sep 14, 2014 12:16 pm
Forum: Personal Consumer Issues
Topic: How to ship automobile cross country?
Replies: 3
Views: 513

Re: How to ship automobile cross country?

I don't disagree totally with jack above, but I just had an interesting and maybe relevant experience. I bought a fairly rare car from a dealer in New Hampshire and needed to ship it to Seattle area. The car was 2 years old and had an extended Factory (not dealer or third party) warranty. I made the...
by musbane
Fri Sep 05, 2014 12:59 am
Forum: Investing - Theory, News & General
Topic: POLL: What was the first stock you ever bought?
Replies: 74
Views: 3233

Re: POLL: What was the first stock you ever bought?

Sometime in the 60's when I was about 15, I got my father to sell the few shares of ESSO he had given me (he worked for them) and buy Ling Temco Vought (LTV) which did quite well.
by musbane
Fri Sep 05, 2014 12:44 am
Forum: Investing - Theory, News & General
Topic: Inflation Protected Annuity versus TIPs ladder
Replies: 9
Views: 1124

Re: Inflation Protected Annuity versus TIPs ladder

BobK,
As far as I know, all deferred, inflation adjusted annuities are not inflation adjusted from the time you buy them to the time they start to pay off. Are there some that I missed? Or are you suggesting a non inflation adjusted annuity?
by musbane
Fri Aug 29, 2014 8:45 pm
Forum: Personal Consumer Issues
Topic: Sports Motivation Waning
Replies: 18
Views: 1781

Re: Sports Motivation Waning

I, too was a competitive player for about 40 years. But my shoulder hasn't let me play at all, at all for some years now. I am going to have shoulder surgery in about 3 weeks, and if successful, I will be able to play again, in which case, I assure you that I won't give a rat's patootie who wins. Te...
by musbane
Fri Aug 15, 2014 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1765

Re: Investing in US from New Zealand

Thanks, Ted. Yes, my wife cannot inherit from me with the unlimited deduction. But I believe taxes don't kick in until $5,000,000. Plus, since they seem to keep moving the bar, I've been gifting her the max every year since I became aware of the problem, to the point where I now own nothing but my I...
by musbane
Fri Aug 15, 2014 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1765

Re: Investing in US from New Zealand

Thanks again. Does the fact that the girl is a dual citizen as opposed to being either a NZ or US citizen matter? Also, for him, US inheritance taxes don't kick in until after $5,000,000. So can he ignore that? I called Schwab and confirmed that she can open an account and trade ETFs cheap or free. ...
by musbane
Thu Aug 14, 2014 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1765

Re: Investing in US from New Zealand

Well, this all is just a wealth of information and is a perfect example of the value of this forum .

My friends and I thank you and will now get down to examining all this and coming up with a plan.
by musbane
Wed Aug 13, 2014 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1765

Re: Investing in US from New Zealand

I think maybe my title Is misleading.

I will be advising them to invest in international equities and maybe some international bonds.

Thank all who have responded so far.
by musbane
Wed Aug 13, 2014 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1765

Re: Investing in US from New Zealand

Jeeze...well, their beginning investments are more likely to be in the hundreds range rather than thousands if that means anything...

I'm hoping that the best option doesn't seem to become buying gold and burying it :|
by musbane
Wed Aug 13, 2014 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Investing in US from New Zealand
Replies: 21
Views: 1765

Investing in US from New Zealand

I have two dear friends - 22 years old - boyfriend, girlfriend - who want to start investing for their future. They have come to me for advice, poor people, so I'm coming to you. Problem is that they both live in New Zealand. He is a NZ citizen, although she is duel with US, having been born here Th...
by musbane
Fri Jun 06, 2014 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: Do/did you get a match? How much?
Replies: 67
Views: 4391

Re: POLL: Do/did you get a match? How much?

6% match in 401k
Additional 9% in lieu of pension .

I voted 6%, but it felt like 15% :sharebeer
by musbane
Tue May 06, 2014 4:35 am
Forum: Personal Consumer Issues
Topic: Outdoor fire pit? Yea or Nay
Replies: 62
Views: 8667

Re: Outdoor fire pit? Yea or Nay

We have had a fire pit for the past 12 years. We cook on it often and even keep supplies of different firewood (maple,alder and mesquite) on hand.

We invite our neighbors over for dinner around it several times a year and have had no complaints.

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