Search found 139 matches

by Candor
Fri Oct 20, 2017 9:15 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6343

Re: Has your "risk tolerance" been tested?

Made it through the dot.com bust and 2008 with close to 100% mutual funds with flying colours but I hate my job more and more by the year and the $$ is significantly higher these days so the next test will be much harder as I get closer to retirement. Luckily I've always been good at passing tests.
by Candor
Fri Oct 20, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5244

Re: Is a crash coming soon?

If you put your mind to it there are a lot of reasons to think a crash may be coming soon. That wall of worry is always tall and I could have easily talked myself into the next crash many times over the last 25 years of my investing experience but I'm glad I just kept plugging along and hoping for t...
by Candor
Sat Sep 09, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8708

Re: When calculating net worth, how do you value your house?

A great quote by Daniel Patrick Moynihan comes to mind while reading this thread.
by Candor
Fri Sep 08, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8708

Re: When calculating net worth, how do you value your house?

I guess when I paid off my house a few years ago with a lump sum of mid five figures or so my net worth magically decreased by that amount according to some. Maybe when I buy my next house I'll just finance it and instantly increase my net worth a few hundred thousand. 8-)
by Candor
Fri Sep 01, 2017 8:20 pm
Forum: Investing - Theory, News & General
Topic: Ally savings rate raised to 1.20%
Replies: 41
Views: 5469

Re: Ally savings rate raised to 1.20%

Thanks. I heard about the last raise here several days before Ally sent me an e-mail notifying me and it seems that will be the case again.
by Candor
Sun Aug 20, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Seal off rooms that are not used?
Replies: 21
Views: 3126

Re: Seal off rooms that are not used?

I've been doing this for the last 24 years and I'm on my second unit which is going strong for now. I have never given any thought that it could possibly be detrimental to the system but maybe I should or maybe not...
by Candor
Sun Jul 23, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 11940

Re: What's your personal savings rate?

49% gross this year. Mostly after tax. House paid off. Hate my job and looking to retire as early as possible otherwise it wouldn't be quite so high.
by Candor
Sun Apr 30, 2017 8:33 pm
Forum: Investing - Theory, News & General
Topic: Bogle on "On The Money" this morning
Replies: 8
Views: 2273

Re: Bogle on "On The Money" this morning

Artisan wrote:I like his last line.

"Half the time I wonder why I have so much in stocks and the other half the time I wonder why I have so little"

That's me!

Thanks for the link.


So true.
by Candor
Fri Apr 21, 2017 9:05 pm
Forum: Investing - Theory, News & General
Topic: Ally Bank Just Raised 5yr CD to 2.25%
Replies: 28
Views: 4505

Re: Ally Bank Just Raised 5yr CD to 2.25%

Thanks, I have some in their savings account that I want to move to a decent CD and I just looked last weekend and wasn't impressed with their rates. Looks like I won't have to move it far now.
by Candor
Fri Apr 21, 2017 8:45 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 42181

Re: Larry Swedroe says "Goodby."

I would also like to thank Larry for his many contributions here which will be sorely missed. I learned a lot and always looked for his threads/posts. Sad but understandable.
by Candor
Fri Apr 21, 2017 8:24 pm
Forum: Personal Consumer Issues
Topic: Lower cost - older car minor body work?
Replies: 6
Views: 673

Re: Lower cost - older car minor body work?

I would second the pdr recommendation. It is amazing what they can do for significantly less than a body shop. Although, for the scrapes that require paint work you may need a regular shop.
by Candor
Fri Apr 21, 2017 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Scratched bumper cost to repair
Replies: 17
Views: 7045

Re: Scratched bumper cost to repair

Also keep in mind that plastic bumper covers can be pretty resilient and there are components directly behind the plastic (impact absorber & reinforcement bar) that can easily be damaged although you may not be able to see the damage until the bumper cover is removed which could possibly add a f...
by Candor
Fri Apr 21, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 27935

Re: Age when you started to max out your retirement accounts?

I started maxing the 401k 4 years ago at the age of 45 after I paid off the house. It was a great feeling to finally get there and I was planning to bump it up again to the catch-up max this year since I turn 50 but due to job burn-out I actually dropped it to the minimum to get the match so I can i...
by Candor
Thu Apr 13, 2017 8:35 pm
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 133
Views: 18026

Re: What % of your income have you converted to wealth?

Candor wrote:45 single and currently at 45% (44.6). Hopefully they will both continue on the northern path.


64.7% today at 49. It's moving in the right direction for now.
by Candor
Fri Feb 17, 2017 10:53 pm
Forum: Personal Consumer Issues
Topic: Windshield repair gone wrong....
Replies: 19
Views: 2560

Re: Windshield repair gone wrong....

I've replaced many windshields over the years and never had any problems. The vendor should offer a lifetime warranty.
by Candor
Fri Jan 20, 2017 11:07 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 192
Views: 35211

Re: USAA 2.5% Cash Back Credit Card

I logged on a few days ago and it is now offered in Virginia.
by Candor
Fri Jan 13, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 20876

Re: How Bad was 2008, really?

I was close to 100% in equities at the time and had weathered the dot.com bust with no problems but this one did seem different in real time. I held on and I give partial credit to Warren Buffett's NYT op-ed in October which helped me keep the faith.

http://www.nytimes.com/2008/10/17/opini ... ffett.html
by Candor
Fri Dec 09, 2016 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Current Market rally
Replies: 61
Views: 8799

Re: Current Market rally

If I had somehow known the result of the election beforehand I would have been very tempted to take some money out of the market and I would currently be very disappointed in myself and out of a fair amount of $$. Just further confirmation for me to never try to outsmart the market.
by Candor
Sun Nov 13, 2016 9:19 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 729
Views: 133281

Re: Boglehead Beer

Legend Brown Ale. A local brewery in Richmond, VA and I've yet to find a beer that I like more although I've certainly put in a lot of effort to that end.
by Candor
Sun Oct 16, 2016 9:26 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 192
Views: 35211

Re: USAA 2.5% Cash Back Credit Card

doctorofcredit site had this nugget: DJordan says: October 4, 2016 at 9:28 am Chat with USAA rep informed me that the USAA Limitless Credit Card will be available to all members on October 28th. Currently is only available to selected members. I hope that is correct because this is all news to me a...
by Candor
Fri Aug 12, 2016 11:16 pm
Forum: Personal Consumer Issues
Topic: Suppose one has been rear ended...
Replies: 33
Views: 3018

Re: Suppose one has been rear ended...

Cracked tail lamp = $50 for a (LKQ) used generic lamp, approx $100-200 for an aftermarket lamp or up $500+ for a new oem plus approx $25 for labor. Impressions to the plastic bumper cover could be a couple hours repair and refinish which would probably be in the range of $300-400. If it requires rep...
by Candor
Fri Jul 22, 2016 9:28 pm
Forum: Investing - Theory, News & General
Topic: Are you feeling uncomfortable? [with your investments]
Replies: 42
Views: 5138

Re: Are you feeling uncomfortable? [with your investments]

I've been uncomfortable for the last 20+ years but that's been part of the plan. My 401k (which is a significant portion of my portfolio) is currently at 93% index mutual funds at age 49 (next week) and I just keep in mind I hopefully have another 40 years to ride out any tugs at my emotion watching...
by Candor
Fri Jul 15, 2016 9:00 pm
Forum: Personal Consumer Issues
Topic: Car totaled, no collision insurance
Replies: 78
Views: 10609

Re: Car totaled, no collision insurance

It sounds like the situation has been resolved but I just wanted to point out that in many states the total loss threshold is determined by state law and not just the insurer as some have stated.
by Candor
Sun Jul 10, 2016 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Employment ideas for former Police?
Replies: 37
Views: 3623

Re: Employment ideas for former Police?

I didn't see it mentioned but I may have missed it. Insurance companies look for former LEO's as claims investigators.
by Candor
Fri Jul 01, 2016 9:59 pm
Forum: Investing - Theory, News & General
Topic: As a new investor that is still learning I am making it through Brexit!
Replies: 31
Views: 3608

Re: As a new investor that is still learning I am making it through Brexit!

This blip seemed rather predictable after the drop to my somewhat seasoned but not particularly sophisticated mind. Glad to see you weathered this and are tucking it away for the future because it will hopefully strengthen you for the one that will be much more uncertain, lengthy and seemingly dire.
by Candor
Fri Jun 24, 2016 10:49 pm
Forum: Personal Consumer Issues
Topic: best wristwatch for the price
Replies: 87
Views: 6888

Re: best wristwatch for the price

I would recommend the Breguet Grande Complication Marie-Antoinette watch. It's a timeless piece that will give you great timekeeping. I personally own five of them, one for each day of the work week to go along with the suit of the day. VERY reasonably priced and totally worth the money. I'm curiou...
by Candor
Fri Jun 24, 2016 9:54 pm
Forum: Personal Consumer Issues
Topic: best wristwatch for the price
Replies: 87
Views: 6888

Re: best wristwatch for the price

I'm a BIG fan of Seiko and have owned several. They offer many quality models at a reasonable price and a great value. I'm partial to their automatics and I generally wear a Rolex but would be perfectly happy with just a nice Seiko. I have ordered a couple from here with success.

http://www.creationwatches.com/products ... 5foe64bl77
by Candor
Fri Jun 10, 2016 11:38 pm
Forum: Personal Consumer Issues
Topic: Buying a Rolex Watch
Replies: 171
Views: 21006

Re: Buying a Rolex Watch

I have a dated 1300 sq ft house in a marginal neighborhood. I buy 90% of my clothes at Kohls and I haven't owned a car in 23 years (drive a company car). I save almost 50% of my gross salary and I have a Rolex I've worn every day for the last 10 years. I can say maybe 5 people have noticed the watch...
by Candor
Sun Jun 05, 2016 8:40 pm
Forum: Personal Consumer Issues
Topic: What TYPE of books do you like to read?
Replies: 48
Views: 3154

Re: What TYPE of books do you like to read?

Almost exclusively non-fiction. History, biographies, travel adventure. I have read a few of Dean Koontz and John Grisham over the years and still like Koontz as a change once in a while but that's pretty much it as far as fiction although I have a soft spot for Edgar Allen Poe from childhood and wi...
by Candor
Sun Jun 05, 2016 8:22 pm
Forum: Personal Consumer Issues
Topic: Bulk handgun ammo 9x18 mm
Replies: 23
Views: 3032

Re: Bulk handgun ammo 9x18 mm

A couple of other good options for pricing ammo.

http://ammoseek.com/ammo/9mm-makarov

http://gunbot.net/ammo/pistol/9x18/
by Candor
Fri Mar 18, 2016 10:11 pm
Forum: Personal Consumer Issues
Topic: Well, I caved [bought new car]
Replies: 43
Views: 7879

Re: Well, I caved [bought new car]

Congrats on the new ride. I plan on buying a new car for the first time in my life when I retire. I have been driving a company car for the last 20+ years and I've decided I will buy what I want when I retire in 7 years. I mentioned this to my mother recently and she admonished me about the pitfalls...
by Candor
Fri Mar 11, 2016 10:02 pm
Forum: Investing - Theory, News & General
Topic: "Monitor Your Portfolio Once This Year, Then Ignore It"
Replies: 53
Views: 8185

Re: "Monitor Your Portfolio Once This Year, Then Ignore It"

I look most days just because I like to keep an eye on the highs and lows and generally keep tabs but I'm not very emotional about it so I know I'm good. My 401k has been 90-100% stock funds for the last 20+ plus years and I have been able to put the market swings in perspective so I don't do anythi...
by Candor
Fri Jan 22, 2016 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 100
Views: 9677

Re: What was your % pay raise?

We get paid bi-weekly so generally there are 26 pay periods a year but this year because of how the pay days line up we will actually receive 27 paychecks in 2016. In light of this the company decided that would be our raise which they tried to convince us was a 3.8% raise. Funny how we get a 3.8% r...
by Candor
Fri Jan 15, 2016 11:21 pm
Forum: Investing - Theory, News & General
Topic: I'm sitting here watching FOX Business...14200??
Replies: 92
Views: 10263

Re: I'm sitting here watching FOX Business...14200??

If nothing else it will be interesting to see how the BH community handles a major downturn in real time, if that happens, since I wasn't around here for the last couple. I see the wall of worry growing a little taller and staying the course a little more academic to some.
by Candor
Fri Jan 08, 2016 9:55 pm
Forum: Investing - Theory, News & General
Topic: I'm curious if over-weighting equity investors still ok?
Replies: 92
Views: 9024

Re: I'm curious if over-weighting equity investors still ok?

I've been 90-100% equities in my 401k for the past 22 years and currently approximately 93% and no worries here. I am very conservative with my savings outside of retirement (no equities) which is approx 28% of the value of my 401k so that helps.
by Candor
Fri Jan 08, 2016 9:40 pm
Forum: Investing - Theory, News & General
Topic: worst first four opening days in HISTORY for S&P 500
Replies: 125
Views: 16350

Re: worst first four opening days in HISTORY for S&P 500

My 401k is currently in transition between providers and the little info packet provided wasn't that clear on the subject but I'm hoping that perhaps it was out of the market during part of this week. I'm 93% mutual funds so that would be a nice drop to avoid but I'm not counting on it. I have lived...
by Candor
Sun Jan 03, 2016 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 13117

Re: Savings % Target 2016?

42% of gross. I don't think I would save so much if I didn't hate my job so much. Early retirement is a good motivator for me.
by Candor
Sun Dec 20, 2015 9:40 pm
Forum: Personal Consumer Issues
Topic: How/where sell salvage type vehicle?
Replies: 13
Views: 1132

Re: How/where sell salvage type vehicle?

You could try these guys. They are a salvage dealer for most insurance companies and will purchase from individuals. Just a thought.

http://www.copart.com/US/HowToSell/Individual
by Candor
Tue Dec 01, 2015 11:12 pm
Forum: Personal Consumer Issues
Topic: Gun Safe Purchase
Replies: 14
Views: 2332

Re: Gun Safe Purchase

by Candor
Fri Nov 20, 2015 10:03 pm
Forum: Personal Consumer Issues
Topic: Finding a low cut work shoe with a thick sole
Replies: 12
Views: 2016

Re: Finding a low cut work shoe with a thick sole

I've been wearing Doc Martens for 35yrs+ and they are very comfortable and last well. I went into a Redwing store a couple of years ago to try them out and they had some really nice boots but I didn't care for the shoes.

http://www.drmartens.com/us/Men%252527s ... p/11849220
by Candor
Fri Nov 20, 2015 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a bonus this year?
Replies: 75
Views: 10244

Re: Getting a bonus this year?

I won't know until Feb/March but I would expect approx $1500 which is usual. I'm not a high earner by Boglehead standards. Actually, not by most standards.
by Candor
Sun Nov 08, 2015 9:19 pm
Forum: Personal Consumer Issues
Topic: Best albums of 2015
Replies: 124
Views: 22508

Re: Best albums of 2015

^^ I bought their album a few weeks ago and have been listening to it non-stop. Good stuff.

Language warning for those easily offended.

https://www.youtube.com/watch?v=iDAELXSDRrE
by Candor
Sun Nov 01, 2015 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider an emergency?
Replies: 49
Views: 4909

Re: What do you consider an emergency?

I don't like to dig into savings so I generally keep enough in my checking account to cover unexpected household expenses such as a new a/c unit or such as this spring when I needed a somewhat unexpected roof replacement. A "high yield" savings account would cover larger expenses and if ne...
by Candor
Sun Nov 01, 2015 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: How Many Credit Cards Do You Have?
Replies: 91
Views: 11649

Re: How Many Credit Cards Do You Have?

1. USAA with an apparently paltry 1% cashback.
A debit card as a backup. I like to keep it simple.
by Candor
Fri Oct 16, 2015 9:10 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 226
Views: 31442

Re: Selling all equities, discuss why I'm wrong. :)

There was another thread where someone sold then took out a short on the S&P500 a few weeks ago We'll see in a year or two's time whether they were right or wrong .. It doesn't really make any difference where the index is today - unless you're selling - no one's gained or lost anything ... In ...
by Candor
Fri Oct 09, 2015 11:01 pm
Forum: Personal Consumer Issues
Topic: Demand repairs or give a bye for honesty?
Replies: 62
Views: 5616

Re: Demand repairs or give a bye for honesty?

^^Pocketing the cash is not dishonest. If you are compensated for your damages it is up to you how you apply those funds. Attempting to conspire with an adjuster to contravene underwriting protocols is another matter and I highly doubt an adjuster would go for that.
by Candor
Fri Oct 09, 2015 10:20 pm
Forum: Personal Consumer Issues
Topic: Demand repairs or give a bye for honesty?
Replies: 62
Views: 5616

Re: Demand repairs or give a bye for honesty?

If I was wealthy and had the impression that this could be a hardship for him I would let it go and handle it myself. If I was a regular Joe I would get 2-3 estimates and give him the option of paying the lowest (if I was comfortable with the vendor) or turn it into his insurance.
by Candor
Fri Oct 09, 2015 9:56 pm
Forum: Personal Consumer Issues
Topic: How much did your roof cost?
Replies: 47
Views: 8429

Re: How much did your roof cost?

5/13/15: Four thousand, one hundred, twenty-eight and no/l00 dollars ($ 4,128.00) 1. Remove the existing roof and haul from the job site, 2. Inspect the decking for any damage or deterioration. 3. Install (GAF ice and water shield along the gutter line and around all penetrations as per the manufact...