Search found 1832 matches

by Chuck
Wed Sep 20, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 195
Views: 16636

Re: I won the Lottery. Need sound advice.

In OP's defense, "2 chicks at once" is a movie quote, and didn't sound like a serious objective.
by Chuck
Wed Sep 20, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Pimco Income Fund - What am I missing?
Replies: 17
Views: 2613

Re: Pimco Income Fund - What am I missing?

According to Morningstar, the allocation is:

147% bonds
-48% cash
1% other

I think I can see where the yield is coming from.
by Chuck
Wed Sep 20, 2017 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone know what the latest Bob Brinker portfolio is?
Replies: 5
Views: 868

Re: Does anyone know what the latest Bob Brinker portfolio is?

VCSH (Vanguard short-term corporate) has a 2.11% yield on 2.8 year duration.

I think you'd have to be well into junk territory to get 3% on 1 year. Then again, I'm not a professional market timer.
by Chuck
Wed Sep 20, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 194
Views: 20148

Re: Calling out the not so rich bogleheads

Part of the bias, at least in my case, was that I didn't join the forum until I had enough money to worry about. I started working in 2000, about $80K in debt. I was in a technical profession making about $40K. I was not a forum member. By 2004, I was out of debt, and making about $60K. By 2007, I h...
by Chuck
Wed Sep 20, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Does bid-ask spread matter with automatic reinvestment?
Replies: 14
Views: 643

Re: Does bid-ask spread matter with automatic reinvestment?

If you reinvest dividends in a mutual fund, the fund has to purchase the underlying assets, and there will be a spread there, too. I don't think there's much of a difference. One you see very plainly, the other you don't.
by Chuck
Wed Sep 20, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: When bitcoin splits, is that like a stock splitting?
Replies: 4
Views: 358

Re: When bitcoin splits, is that like a stock splitting?

Pretend you were writing a document in a word processor, except you can only add to the document, you can't go back and edit anything. Halfway through, you make a copy and give it to a friend. (Your friend's document is the "fork.") Now, you and your friend both continue writing in the document. Eve...
by Chuck
Fri Sep 15, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Badly Needed---Meeting with Financial Advisor
Replies: 49
Views: 3799

Re: Advice Badly Needed---Meeting with Financial Advisor

Incidentally, the way I found this forum was when I had second thoughts about some insurance products I was involved with. At the time, a google search for something like "is whole life insurance worth it" went right to the Bogleheads forum. It changed my life.
by Chuck
Fri Sep 15, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Advice Badly Needed---Meeting with Financial Advisor
Replies: 49
Views: 3799

Re: Advice Badly Needed---Meeting with Financial Advisor

Good advice here. I escaped from NML 10 years ago, about $50K poorer than I would be following Boglehead strategies. No telling what the loss would be if I stayed with them all this time. If you ever think you need an adviser, just post your question here and you'll have 20 advisers.
by Chuck
Thu Sep 14, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 81
Views: 5674

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

Wow, Bitcoin is TANKING. It hasn't been this low since August 2017!!! This proves Bitcoin is bunk somehow!!
by Chuck
Wed Sep 13, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Electric car in evacuation situation
Replies: 61
Views: 3879

Re: Electric car in evacuation situation

A plug-in hybrid gives you more options. I can drive 500+ miles on gas (40MPG), or I can drive 20 miles, charge for 2 hours, and repeat. (Average speed including charge time is about 8 mph!!) So if there's gas, I'll get there. If there's no gas, but there's electricity, I'll get there... eventually....
by Chuck
Wed Sep 13, 2017 10:18 am
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 275
Views: 23216

Re: Name something you had to have and now you regret purchasing it?

AllieTB1323 wrote:
Wed Sep 06, 2017 1:38 pm
Our trailer trailer. It is now on consignment at a local dealer. Live and learn.
Wow, I know how hard it is backing up with a trailer, but I can't imagine the difficulty of backing a trailer trailer! I would regret that too.
by Chuck
Wed Sep 13, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Tesla Financing
Replies: 22
Views: 1915

Re: Tesla Financing

Regarding "greenness," an electric car is the only car that gets cleaner over time.
by Chuck
Thu Sep 07, 2017 2:50 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 165
Views: 9706

Re: Bitcoin in 3-fund indexed portfolio?

Thanks for replying. It does claim to be a currency, but I believe the governments treat it as a commodity. Either way, it's an asset that doesn't claim to produce interest or dividends. So your only hope for capital gains is that it is generally accepted as a useful "thing" by more and more people...
by Chuck
Thu Sep 07, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: Keep or let go of my car?
Replies: 44
Views: 3175

Re: Keep or let go of my car?

My local Enterprise rents a basic car for $175/week. Maybe $400 for two weeks after taxes.. doesn't add much to your $5,000+ repair. You could also use Uber/Lyft when you can't get friends and co-workers to drive you around. Though do you really think it could be 2 weeks?!? I've had engines and tran...
by Chuck
Thu Sep 07, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: Keep or let go of my car?
Replies: 44
Views: 3175

Re: Keep or let go of my car?

chevca wrote:
Thu Sep 07, 2017 1:18 pm
And, $2300 for a windshield.... Does that thing have a computer and TV in it, or what? :happy
Safelite wants $830 to replace, even with HUD and lane departure display.
by Chuck
Thu Sep 07, 2017 1:21 pm
Forum: Personal Consumer Issues
Topic: Keep or let go of my car?
Replies: 44
Views: 3175

Re: Keep or let go of my car?

Compared to what? What would you do if you don't fix this car? If I don't fix it, sell it to a car dealership and buy a Honda Accord! Would prefer to keep it as it is/was my dream car. So a new Accord for $250-$300 per month? If your $8,000 repair will last you at least 2.5 years to keep your "drea...
by Chuck
Thu Sep 07, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: Keep or let go of my car?
Replies: 44
Views: 3175

Re: Keep or let go of my car?

Compared to what? What would you do if you don't fix this car?
by Chuck
Thu Sep 07, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 165
Views: 9706

Re: Bitcoin in 3-fund indexed portfolio?

Fclevz wrote:
Thu Sep 07, 2017 12:48 pm
At its core, Bitcoin is simply a currency.

You probably aren't considering 'investing' in Canadian Dollars or British Pounds or Euros or whatever.
Ah, you beat me to it.
by Chuck
Thu Sep 07, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 165
Views: 9706

Re: Bitcoin in 3-fund indexed portfolio?

Bitcoin is a currency. So if there is some portfolio design that uses "foreign" currency as a component, then Bitcoin can sooort of aaaalmost be a legitimate choice. It's pretty volatile, but there you go. My target asset allocation does not include currency (other than US Cash) so expanding my AA t...
by Chuck
Wed Sep 06, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: Car for work
Replies: 31
Views: 2410

Re: Car for work

by Chuck
Wed Sep 06, 2017 7:10 pm
Forum: Personal Consumer Issues
Topic: Car for work
Replies: 31
Views: 2410

Re: Car for work

If you spend a lot of time idling while you work in the car, then you should consider a plug-in car some more. It can operate climate control and accessories for long periods of time without the engine running. You can park at a public charging station (often free) and run from "shore power" without...
by Chuck
Tue Sep 05, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: Car for work
Replies: 31
Views: 2410

Re: Car for work

The Energi doesn't have to be plugged in, but if you don't plan to, there's no benefit, so you can just get the regular C-Max Hybrid. It costs the same because it's cheaper by about the amount of the federal EV tax credit. It's also a great car, and since the battery is smaller you get more trunk sp...
by Chuck
Tue Sep 05, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Car for work
Replies: 31
Views: 2410

Re: Car for work

Does it have to be a SUV/CUV? I just bought a brand new Ford C-Max Energi for a hair over $20K (after mfr and gov't incentives). 41 inches of headroom, and 40 MPG, city or highway. It also plugs in and gets up to 20 miles on electricity before needing to use fuel, so for short trips you can achieve ...
by Chuck
Thu Aug 31, 2017 11:00 am
Forum: Investing - Help with Personal Investments
Topic: where to put Tesla stock [Roth or another type of account]
Replies: 26
Views: 1003

Re: where to put Tesla stock [Roth or another type of account]

Good point. However, I think the question about "Roth or not" makes the assumption that TSLA is a possible 100-bagger or better. (Right? It has to be "worth it" to avoid capital gains tax of 15%.) Given that the largest market cap company in the world is only about 15x, I don't expect a $1000 invest...
by Chuck
Wed Aug 30, 2017 4:23 pm
Forum: Personal Consumer Issues
Topic: Evaluating risk of flooding in the "new normal"
Replies: 45
Views: 2382

Re: Evaluating risk of flooding in the "new normal"

Color me ignorant, but how much does it cost to repair a flooded home? Let's say the kinds of flooding we're seeing today (covering the entire first floor of a 2-story home?) I'm seeing mold abatement, new drywall, electrical repairs, new appliances, new furniture, new carpet, etc... Certainly not a...
by Chuck
Wed Aug 30, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: where to put Tesla stock [Roth or another type of account]
Replies: 26
Views: 1003

Re: where to put Tesla stock [Roth or another type of account]

Tesla's market cap is $60 billion. They sell about 75,000 cars per year.

They may someday be as big as Ford, which sells almost 2 million vehicles per year. Ford's market cap is $43 billion.

I don't believe Tesla is going to blow up by orders of magnitude at this point.
by Chuck
Tue Aug 29, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: How to deal with Amazon purchases with Mint.com??
Replies: 37
Views: 2584

Re: How to deal with Amazon purchases with Mint.com??

+1 I'm lazy and I classify it as "Shopping." If it goes too high, I say "We need to do less shopping."
by Chuck
Fri Aug 25, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Funny/frustrating FedEx situation
Replies: 19
Views: 1971

Re: Funny/frustrating FedEx situation

You can cut your SIM card down with a sharp kitchen knife. The contacts are the same, and there are no electronics in the edges. See Youtube for assistance.
by Chuck
Wed Aug 23, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Margin noob question
Replies: 19
Views: 1364

Re: Margin noob question

Wow harsh. As I pointed out upthread, shcnno is not "margin investing" so invoking the Buffett is kind of silly. As for "beyond foolish," he is just maintaining his current AA, and he will pay about $20 of interest for the privilege. (Instead of a $50 ACAT fee, and a medallion, I suppose?) I'd say t...
by Chuck
Wed Aug 23, 2017 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Margin noob question
Replies: 19
Views: 1364

Re: Margin noob question

How long do you have to answer a margin call? If you're planning on depositing the funds within 3 days, I don't think there's much risk there. We're not talking about "margin investing" right? Just floating the settlement period. I wouldn't worry about that at all. I have used margin instead of a mo...
by Chuck
Wed Aug 23, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: 3% credit card fee vs wiring from B of A
Replies: 18
Views: 986

Re: 3% credit card fee vs wiring from B of A

Paypal charges the vendor 2.9% + $0.29 (or thereabouts), so that's where the 3% fee comes from.

I would just use a 2% credit card (Citi double cash), and write off the other 6.6 pounds because I don't go on tours very often, so it's no big deal.
by Chuck
Wed Aug 23, 2017 3:20 pm
Forum: Personal Consumer Issues
Topic: LibreOffice
Replies: 24
Views: 2734

Re: LibreOffice

How compatible are Impress and PowerPoint files? I sometimes give PowerPoint presentations at conferences where the lectern is preloaded with PowerPoint. It would be important for Impress to be able to save files that open perfectly in PowerPoint -- even minor formatting glitches would look unprofe...
by Chuck
Tue Aug 22, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Can you recommend a good mouse trap?
Replies: 44
Views: 2131

Re: Can you recommend a good mouse trap?

saltycaper wrote:
Tue Aug 22, 2017 1:24 pm
This may be obvious, but whatever trap you get, don't put so many out that you forget where they are. Make sure cohabitants know as well.
Yes, count them! Every day. :)
by Chuck
Tue Aug 22, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Can you recommend a good mouse trap?
Replies: 44
Views: 2131

Re: Can you recommend a good mouse trap?

Fancy expensive traps??

You can get a 4-pack of old-timey wooden-base Victor traps for two bucks at your local whatever store. Scatter 10 or 20 around your baseboards and solve the problem in an evening.
by Chuck
Tue Aug 22, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: How to Become a Spender?
Replies: 16
Views: 1457

Re: How to Become a Spender?

Here's what I would do. (I am already doing some of it.) Travel. Eat good food at nice restaurants. (Don't get fat.) Get some good fitting tailored clothing. Get a car that is quiet and smooth and comfortable. Hire someone to fix all the stuff around the house you never get to. Find a worthwhile cha...
by Chuck
Tue Aug 01, 2017 2:27 pm
Forum: Personal Consumer Issues
Topic: Inexpensive Android setup to use with Android Auto?
Replies: 13
Views: 834

Re: Inexpensive Android setup to use with Android Auto?

A Galaxy S3 is $60 on eBay. It will be a bit sluggish with Google Maps, but it should work fine.
by Chuck
Mon Jul 17, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Need clarification after reading Boglehead page on reinvesting taxable dividends or not
Replies: 10
Views: 852

Re: Need clarification after reading Boglehead page on reinvesting taxable dividends or not

There's no general rule, and the tax "consequences" are insignificant.

The only issue is how many transactions you want to have on your tax forms. That's it. I take dividends in cash and reinvest manually once or twice a year. It makes it a bit easier to do my taxes.
by Chuck
Mon Jul 17, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: New 401k, looking for a bond fund -- use Vanguard Target Retirement?
Replies: 8
Views: 396

Re: New 401k, looking for a bond fund -- use Vanguard Target Retirement?

The TIPS fund and the Target Retirement income fund are both good. You might consider going 50/50. I have columns on my asset allocation spreadsheet where I can put the % bond, % stock of a fund so that my overall asset allocation comes out correct. So the 30% of the target fund in stocks just cause...
by Chuck
Mon Jul 17, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Basic Question on I bonds
Replies: 11
Views: 1214

Re: Basic Question on I bonds

The rate changes every 6 months from the purchase date of the bond. So you will get 6 months at the initial rate, then it will change.
by Chuck
Mon Jun 05, 2017 9:51 pm
Forum: Personal Consumer Issues
Topic: Anyone use "MyPillow" pillows?
Replies: 50
Views: 6936

Re: Anyone use "MyPillow" pillows?

The only pillow I can live with is a feather pillow. I bring it with me everywhere. It's soft, but I can shape it for back sleeping or side sleeping. I haven't tried any of these new fangled foam pillows, but based on this thread, I suppose I should at least give it a shot.
by Chuck
Mon May 29, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy brk.a? [Berkshire Hathaway Inc. Class A]
Replies: 24
Views: 3513

Re: How to buy brk.a?

To hold the market weight of BRK-A you would need a portfolio size around $12 million.
by Chuck
Thu May 18, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: Tire Puncture - plug from outside or patch and plug from inside
Replies: 31
Views: 2231

Re: Tire Puncture - plug from outside or patch and plug from inside

I have used the plugs where you jam the gummy worm into the hole with a stick. I believe that is the one Boglegrappler is talking about. It says on the package "only for temporary repair" but they always last the remaining life of the tire. Sometimes I've had to add air occasionally, but l...
by Chuck
Tue May 16, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 40095

Re: Regret early retirement/downsizing

my3sons wrote:I wish there were a way to follow threads.

Other than clicking the wrench icon at the top or bottom of the page and selecting "Subscribe topic?"
by Chuck
Tue May 09, 2017 4:34 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks vs S&P 500
Replies: 24
Views: 3039

Re: Dividend stocks vs S&P 500

Dividend stocks are always devalued here because of the total return dogma so this is rather ironic No, Bogleheads (or at least "indexers") value dividend stocks according to their market value. Same as non-dividend stocks. Of course there are some that prefer dividend stocks (REAL earnin...
by Chuck
Mon May 08, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: No losses to offset capital gains!
Replies: 14
Views: 1240

Re: No losses to offset capital gains!

You could always try 4x leveraged ETFs. You have a fair chance of losing money that way.

You could short treasuries. You won't lose a lot that way, but you can guarantee a loss.
by Chuck
Fri May 05, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy 2 years of Service Credit for my pension?
Replies: 2
Views: 396

Re: Should I buy 2 years of Service Credit for my pension?

You haven't provided enough information. How many more dollars per year will you get if you buy the service credit? (You gave % of paycheck, but not size of paycheck, so this is not calculable.) How many years from today will those payments begin? Will your pension pay for as long as you live? Then ...
by Chuck
Tue May 02, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Leverage by shorting bond ETFs
Replies: 11
Views: 548

Re: Leverage by shorting bond ETFs

Wow! Thanks for suggesting Interactive Brokers! I didn't know their rates were that low! I would like to buy on margin for the long run to enhance profitability, so it's crucial to keep the rates low. Maybe just ignore my previous post. I kind of feel like I just offered a bottle of whiskey to an a...
by Chuck
Tue May 02, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Leverage by shorting bond ETFs
Replies: 11
Views: 548

Re: Leverage by shorting bond ETFs

I raise cash by selling option box spreads. This is cheaper than margin, and you can know the exact rate up to 2 years out. (No surprise changes to the margin rate.) It's really tough to do, because you have to find a box that works (generally the highest strikes on SPX -- index options don't have a...
by Chuck
Wed Apr 26, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Increase W4 withholdings or make estimated tax payments
Replies: 18
Views: 1467

Re: Increase W4 withholdings or make estimated tax payments

Look at form 2210 and work though what will happen.