Search found 3466 matches

by Ged
Mon May 21, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 161
Views: 8531

Re: how do you tip on wine at a restaurant

TravelforFun wrote:
Wed May 16, 2018 8:21 pm
I like the European way. They pay their kitchen and wait staff living wages so tips are not expected.

TravelforFun
Yes, and if you do tip for exception service they generally thank you.
by Ged
Mon May 21, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: Medicare and Cataract surgery - one or two charges?
Replies: 31
Views: 1304

Re: Medicare and Cataract surgery - one or two charges?

Normally done one eye at a time. My GP was pretty insistent on this as he once had a two-eye at once patient who had gotten an infection causing loss of sight in both eyes.
by Ged
Mon May 21, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Need help firing my financial advisor
Replies: 16
Views: 2185

Re: Need help firing my financial advisor

I would highly recommend keeping a permanent record of your cost basis. There are numerous reports of people having issues with it getting lost for one reason or another.
by Ged
Sun May 20, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: Home Depot's Life Proof Rigid Core Vinyl Flooring
Replies: 6
Views: 765

Re: Home Depot's Life Proof Rigid Core Vinyl Flooring

Home Depot installers are independent contractors that have been recruited by Home Depot to do this work. YMMV.
by Ged
Sun May 20, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Wife Retiring hesitant to roll-over funds to Vanguard
Replies: 36
Views: 2474

Re: Wife Retiring hesitant to roll-over funds to Vanguard

Be aware that IRA funds are (or may be) more subject to creditors than employer plans (401l, 403b, etc.). I think this varies from state to state. The OP should check to see if such protection exists in his state for IRA funds. (Protection for 401k plans is at a Federal level.) Very true. Note that...
by Ged
Sat May 19, 2018 1:05 pm
Forum: Personal Consumer Issues
Topic: Dash camera
Replies: 17
Views: 1961

Re: Dash camera

I mounted it in front of the rearview mirror so it's very unobtrusive from the outside, and I don't even see it from the inside. Didn't want anything interfering with my field of vision. Yes, you want to be sure that whatever camera you use is compatible with traffic laws that make anything that ob...
by Ged
Fri May 18, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Home Loan from Parents
Replies: 23
Views: 1825

Re: Home Loan from Parents

One thing to consider in a situation like this is what would be the consequences of one or both parents requiring several years of expensive nursing care. Would your loan compromise their ability to pay for this, and what would the legal implications of such a loan vis-a-vis Medicaid be.
by Ged
Fri May 18, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: Are you concerned that over 75% of IPOs are unprofitable?
Replies: 8
Views: 803

Re: Are you concerned that over 75% of IPOs are unprofitable?

Nah. The value of a stock is based on the discounted cash flow of FUTURE earnings.
by Ged
Fri May 18, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Mitsubishi wall air conditioner
Replies: 34
Views: 2039

Re: Mitsubishi wall air conditioner

I own a Mr Slim (Mitsubishi Ductless Mini Split) which I had installed in my garage which I use as a workshop. It allows me year round comfort at a reasonable cost. Never had any trouble with it or needed any maintenance other than periodically cleaning the filter. There are several manufacturers of...
by Ged
Wed May 16, 2018 9:03 am
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 5977

Re: Neighbor wants to use our land temporarily - let them or not?

fsrph: I agree with your first reply by livesoft: Yes, I would not hesitate to do so and I wouldn't care at all about liability issues. If there is one thing I have learned about neighbors, it is the great importance of keeping neighbors as friends. Best wishes. Taylor I am with livesoft and Taylor...
by Ged
Wed May 16, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Golden Handcuffs
Replies: 53
Views: 8412

Re: Golden Handcuffs

Depends on your age and family situation.
by Ged
Tue May 15, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: Patio furniture cover in the northeast
Replies: 9
Views: 502

Re: Patio furniture cover in the northeast

Here in NJ I've had decent results with HD heavy duty tarps and bungie cords on my patio picnic table.

https://www.homedepot.com/p/12-ft-x-16- ... /202026936
by Ged
Tue May 15, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Killing mold and mildew outdoors
Replies: 8
Views: 689

Re: Killing mold and mildew outdoors

I've used Wet and Forget for several years on the north side of my house which gets somewhat mildewed without treatment.

For the second story I use a trombone sprayer.

Excellent stuff.
by Ged
Mon May 14, 2018 2:52 pm
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 127
Views: 8949

Re: The front page is ugly

It has a certain rustic charm. Better is the enemy of good enough.

Don't fix it if it's not broken.

It loads very fast.

It's compatible with a wide range of simple browsers.

The price is right.

MOST IMPORTANT OF ALL:

When it loads Ghostery tells me there are 0 trackers.

:sharebeer
by Ged
Mon May 14, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Sports Betting Opportunities
Replies: 25
Views: 1993

Re: Investing in Sports Betting Opportunities

jhfenton wrote:
Mon May 14, 2018 2:00 pm
I have no idea who will benefit from expanded sports gambling in order to take advantage of the opportunity.
I would bet on the lawyers.
by Ged
Sun May 13, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Two Fund or A Managed Portfolio?
Replies: 13
Views: 857

Re: Vanguard Two Fund or A Managed Portfolio?

JSS wrote:
Sun May 13, 2018 1:34 pm
I am considering hiring a financial advisor that I trust.
I would re-evaluate that trust. The portfolio listed is not in your best interest. It is devised to benefit your adviser.
by Ged
Sun May 13, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on cashing in investment
Replies: 13
Views: 984

Re: Taxes on cashing in investment

dbr wrote:
Sun May 13, 2018 5:23 pm
The only valid advice this forum can give you is the advice to see an attorney.
+1.

An attorney with probate experience. Plus a CPA for the taxes.

Handling an estate improperly can cost you big time. You are heading for a train wreck.
by Ged
Sun May 13, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 32
Views: 6656

Re: Doubling Your Money

The rule of 72 is an approximation of the following formula: t = ln(2)/(ln(1+r/100)) where r is the interest rate percentage per period and t is the number of periods. This is quite easy to use in a spreadsheet or a scientific/financial calculator. For a situation involving continuous interest 69 is...
by Ged
Sun May 13, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 3851

Re: Is Whole Life Insurance Worth It?

JoeChick10 wrote:
Sat May 12, 2018 3:15 pm

1. Do I need life insurance?
2. Do you recommend whole or term?
1. Maybe. Depends on whether you have someone who is financially dependent on you that you wish to protect.
2. Term.

Comment: Maybe you should re-evaluate your 'friend'.
by Ged
Sat May 12, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Getting Bombarded With Medicare Mailings!
Replies: 16
Views: 881

Re: Getting Bombarded With Medicare Mailings!

Yes it's normal. The trash is the right place for this stuff. The USPS is being sabotaged by Congress. I won't say anything further because politics is frowned on here. When the time comes to sign up for Medicare go see your local SHIP office for advice. They do a great job. https://www.shiptacenter...
by Ged
Sat May 12, 2018 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Mom's portfolio
Replies: 21
Views: 894

Re: Help with Mom's portfolio

The allocation percentage looks ok, but individual equities are questionable. However it would be silly to sell highly appreciated stocks unless she is in a low tax bracket. On death these investments get a basis reset making gains effectively tax free. I would definitely stop any dividend re-invest...
by Ged
Fri May 11, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: How close do you cut your monthly surplus?
Replies: 22
Views: 3026

Re: How close do you cut your monthly surplus?

yo Logic states that we should put all the money we are saving in tax advantaged accounts but we just can't cut it closer than 1k a month. Not necessarily. You have no idea whether or not the tax codes and your personal financial situation when you retire will be more favorable to the pre-tax or af...
by Ged
Fri May 11, 2018 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Is REIT a prudential investment choice at the moment?
Replies: 20
Views: 1870

Re: Is REIT a prudential investment choice at the moment?

REITs are very volatile and interest rate sensitive. We are in a rising interest rate environment at the moment. Not good for REIT. I am ok with the REIT percentage I have in my total market funds right now. I've never received a K-1 from investments in a REIT fund. If I were to overweight REITs (so...
by Ged
Thu May 10, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: CA homes vs stock market
Replies: 8
Views: 768

Re: CA homes vs stock market

Stock market. Buying a single property is way too concentrated an investment.

Plus you will have to pay taxes and maintain it.
by Ged
Wed May 09, 2018 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: High fee funds
Replies: 26
Views: 3108

Re: High fee funds

So how long of a track record would you require before you felt that the past performance was some indication of future performance? You may get heads seven times in a row flipping a coin. That doesn't change the fact that the 8th toss is still 50-50. https://www.economist.com/news/finance-and-econ...
by Ged
Mon May 07, 2018 10:48 pm
Forum: Personal Consumer Issues
Topic: How much car to buy on $250K income, $200K NW, newborn on the way
Replies: 78
Views: 5933

Re: How much car to buy on $250K income, $200K NW, newborn on the way

It depends on what your retirement goals are. If you want to work to 68 then splurge. If you want to retire much earlier be frugal and get an econobox.
by Ged
Mon May 07, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Does it make ANY sense for a US citizen to stash emergency funds overseas?
Replies: 62
Views: 4580

Re: Does it make ANY sense for a US citizen to stash emergency funds overseas?

> You would have to establish a non-US citizenship and renounce your US citizenship and leave the US to make this step be protective of your assets. This seems an overstatement; opening an account overseas is not forbidden so long as you report account info to the IRS. There are plenty of developed...
by Ged
Sun May 06, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make ANY sense for a US citizen to stash emergency funds overseas?
Replies: 62
Views: 4580

Re: Does it make ANY sense for a US citizen to stash emergency funds overseas?

> Does it make ANY sense for a US citizen to stash emergency funds overseas?

No I don't think so. You would have to establish a non-US citizenship and renounce your US citizenship and leave the US to make this step be protective of your assets.
by Ged
Fri May 04, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 97
Views: 10432

Re: Wanting to leave Fidelity

I moved almost all of our investments from Fidelity to Vanguard. The main reason was unsolicited calls from my Fidelity "Account Executive" urging me to take advantage of some flaky investment opportunity. Every call sounded like his hair was on fire and that the world was ending today. Not my way ...
by Ged
Thu May 03, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Costco Vs Amazon Prime
Replies: 62
Views: 3899

Re: Costco Vs Amazon Prime

Freefun wrote:
Thu May 03, 2018 7:17 am
I use both. I don’t want produce from amazon and I don’t want movies from Costco.
+1
by Ged
Wed May 02, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Help me choose a second computer monitor
Replies: 18
Views: 1251

Re: Help me choose a second computer monitor

Some time ago I bought a Dell UP3014. It is not inexpensive but it is very good. The current iteration of this is the UP3017. It is a 16:10 monitor with 2560 X 1600 pixels. It's IPS and has color calibration features which I use since I'm a photographer. It's also great for writing because the 16:10...
by Ged
Mon Apr 30, 2018 5:53 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 8599

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

dm200 wrote:
Mon Apr 30, 2018 10:18 am
Make BOTH of them learn (and show you) how to change a tire on the car they will be taking. Make sure spare (whether full size or donut) is fully OK.
These days quite a few newer cars come only with a can of compressed gas+sealant.

I would suggest a car charger for their cell phones.
by Ged
Sun Apr 29, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: Banking IT Infrastructure Meltdown - So have you diversified your Custodians and Banks?
Replies: 14
Views: 1887

Re: Banking IT Infrastructure Meltdown - So have you diversified your Custodians and Banks?

There is a single point of failure that you can't avoid: the Depository Trust Company. No matter which custodian bank is used by a mutual fund, all of the shares end up at DTC. Yes, unfortunately these guys use relatively slow and tangled methods. https://www.bloomberg.com/view/articles/2017-02-17/...
by Ged
Fri Apr 27, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Ameriprise :(
Replies: 64
Views: 9020

Re: Ameriprise :(

So whats the logic saying go to Vanguard low fee funds when they are over performed 5% or even more? What am i missing here? The logic is that 1 year performance is not indicative of what the long term results of managed funds vs index funds are. For any given year you can find a managed fund that ...
by Ged
Fri Apr 27, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 10756

Re: Amazon to raise Prime membership in US to $119 from $99

To me, that's a huge loss. I already spend the work day sitting on a chair in front of a computer not interacting with people. Being out and about is the best. To pay my electric bill, for example, I drive to the bank and get a money order, which I then drive over to the city office and hand-delive...
by Ged
Thu Apr 26, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 9188

Re: How did you tell the boss you're leaving/retiring?

Thesaints wrote:
Wed Apr 25, 2018 5:10 pm
Not sure what your problem is. If you retire what do you care about what your ex-boss thinks ?
Exactly. Retirement is your boss's problem. Not yours.
by Ged
Wed Apr 25, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: New car pickup today.
Replies: 48
Views: 3196

Re: New car pickup today.

In November 2017 I purchased a 2017 CRV and purchased a Honda 120k mile 8 year extended warranty for $1110 the dealer wanted $2200 for the same Honda Warranty. The warranty was sold by a Honda dealer in another state, actually found 4 Honda dealers and got quotes from each and went with the cheapes...
by Ged
Tue Apr 24, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 60
Views: 5486

Re: How long have you been unemployed?

One year. Lost my first real job in 2000 at age 49. Since I had a one year severance package at full pay and bennies I took the year off with only modest effort to find another job. Vacationed in Hawaii etc.

Started a whole new career when the severance ran out.
by Ged
Mon Apr 23, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Website will not allow sign out or log off? How to safely end session?
Replies: 15
Views: 1143

Re: Website will not allow sign out or log off? How to safely end session?

Logging off is for the benefit of the server not the local computer. It allows the server to free up the memory needed to support the user session. If you don't log off this memory is automatically recovered in a few minutes due to inactivity. When you close the browser tab the credentials that are ...
by Ged
Mon Apr 23, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: How long does a will last? [Time to settle the estate]
Replies: 43
Views: 4094

Re: How long does a will last? [Time to settle the estate]

Normally the executor wants to get it done in less than a year in order to minimize the number of tax returns they have to file while the estate exists.

The slow part of the process is generally getting real estate sold.
by Ged
Mon Apr 23, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: [essay] The Limits of Theory
Replies: 10
Views: 954

Re: [essay] The Limits of Theory

Yes, in theory practice and theory are the same thing.

In practice they are different.
by Ged
Mon Apr 23, 2018 3:08 pm
Forum: Investing - Theory, News & General
Topic: Factor Investing - A convincing article
Replies: 67
Views: 6008

Re: Factor Investing - A convincing article

Always passive wrote:
Tue Apr 10, 2018 9:40 am
I am convinced!

https://www.advisorperspectives.com/art ... went-wrong

Any comments?
Ceci n'est pas une pipe.
by Ged
Sat Apr 21, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: How long have you been employed?
Replies: 44
Views: 2617

Re: How long have you been employed?

I was employed for 35 years in various jobs. I don't count graduate school as I really only had fellowships that funded the research I needed for my thesis and dissertation anyway.
by Ged
Wed Apr 18, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Planning a week in Yellowstone 2019
Replies: 6
Views: 739

Planning a week in Yellowstone 2019

My wife and I are planning to stay in Yellowstone for a week in 2019.

Which is preferable? June or September? Is a week at the Old Faithful Inn good for a home base or should I change locations during the stay?
by Ged
Tue Apr 17, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4762

Re: Bull Market Timing

One of the big problems with market timing is that you have to be right twice - when to sell and when to buy. Look through this site and you will find plenty of stories of people who lost money because they couldn't pull the trigger to get back in after the last crash so they missed the recovery and...
by Ged
Mon Apr 16, 2018 2:35 pm
Forum: Personal Consumer Issues
Topic: power tool that replaces both allen wrench and screwdriver
Replies: 9
Views: 705

Re: power tool that replaces both allen wrench and screwdriver

Luke Duke wrote:
Mon Apr 16, 2018 2:12 pm
The Milwaukee line of M12 power tools is pretty compact.
I have the M12 power screwdriver. Works great. Not sure it has enough torque for larger size hex socket bolts though.
by Ged
Mon Apr 16, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: How do you determine what internet speed you need?
Replies: 32
Views: 1228

Re: How do you determine what internet speed you need?

If your family uses a fairly average amount of internet service (no gaming, downloading large files, etc; just surfing web, perhaps one user watching Netflix at a time), what speed is appropriate? Up to now, with a family of three people we have had Verizon's 100/100 service for a while. Was this o...
by Ged
Sun Apr 15, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: Google Pixel just died
Replies: 10
Views: 1497

Re: Google Pixel just died

Not sure I want to return it to Google with all my personal info on it. Google already had all your personal data before you bought the phone :-) Not to mention all of your new personal data since you bought the phone. They probably have an image of the data stored on your phone that they can trans...
by Ged
Sun Apr 15, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 98
Views: 11626

Re: We crush stock indexes, Yale claims

I found this statement in a link in the report quite interesting:

"The endowment sets performance hurdles for each investment strategy and “structures its partnerships so incentive fees are only paid when external partners outperform their benchmarks on a net basis.”"
by Ged
Sat Apr 14, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: Is it necessary to replace brake fluid on a car every 3 years?
Replies: 56
Views: 4184

Re: Is it necessary to replace brake fluid on a car every 3 years?

I don't think I've ever done it as a routine maintenance operation, however normal car use would cause brake pad service to be required perhaps every 3-5 years. This would normally entail a fluid bleed. Now that I'm retired and putting far fewer miles on my car I'm not likely to do pad service for p...