Search found 2311 matches

by MathWizard
Fri Dec 09, 2016 11:39 am
Forum: Investing - Theory, News & General
Topic: Explain why Rebalancing isn't Market Timing?
Replies: 166
Views: 3896

Re: Explain why Rebalancing isn't Market Timing?

Based on this thesis (which is not time variant), I invested in a passive world/ global capitalized stocks only portfolio and have done precisely the same come rain or shine in this time frame. The investment philosophy requires no market timing or rebalancing or any such active strategies. Simply ...
by MathWizard
Wed Dec 07, 2016 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Need help to find a direction to invest $800k plus $900k
Replies: 15
Views: 1233

Re: Need help to find a direction to invest $800k plus $900k

We have $800k now and $900k more next year with sale of 2 investment properties out if 5. So need to invest $1.7m. I have a question would the bond ever lose money ? Or is bond with guaranteed return? Yes, bonds can lose money. I don't think that the US will default, so in nominal terms, a US savin...
by MathWizard
Wed Dec 07, 2016 4:58 pm
Forum: Personal Consumer Issues
Topic: Anyone still upgrading their PC build? (Not replacing the machine)
Replies: 37
Views: 1943

Re: Anyone still upgrading their PC build? (Not replacing the machine)

I recently swapped out a 5400 RPM hard drive for an SSD to make the machine tolerable.
The battery is going also, so it doesn't last long without external power.
It's really a backup right now.
by MathWizard
Wed Dec 07, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Sort of a new question on college funding
Replies: 15
Views: 848

Re: Sort of a new question on college funding

I like a ROTH if you are not sure whether you will use it for college. I'm not sure I see the advantage of the ROTH over the 529 even if you do not get a state deduction. In a way, they are like a ROTH when you limit them to only be for qualified college expenses You contribute with after-tax dollar...
by MathWizard
Wed Dec 07, 2016 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act question - would greatly appreciate assistance
Replies: 27
Views: 1957

Re: Affordable Care Act question - would greatly appreciate assistance

Welcome to the Unaffordable Care Act. I've been paying my MIL's insurance out of pockets with no subsidy from the beginning. It went up 50% this year alone. Since the beginning it has gone up 250%! I'm guessing the same thing happened to your sister and her premium went up so much that the library ...
by MathWizard
Tue Dec 06, 2016 4:40 pm
Forum: Personal Consumer Issues
Topic: Hearing aids: best brands and where to get them?
Replies: 35
Views: 2687

Re: Hearing aids: best brands and where to get them?

I'm destined for hearing aids in a few years.

Years ago, I heard of telecoils being used extensively in Europe. Are they in all hearing aids now in the US, or do you
need to ask for that feature?
by MathWizard
Tue Dec 06, 2016 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act question - would greatly appreciate assistance
Replies: 27
Views: 1957

Re: Affordable Care Act question - would greatly appreciate assistance

Welcome to the Unaffordable Care Act. I've been paying my MIL's insurance out of pockets with no subsidy from the beginning. It went up 50% this year alone. Since the beginning it has gone up 250%! I'm guessing the same thing happened to your sister and her premium went up so much that the library ...
by MathWizard
Tue Dec 06, 2016 12:18 pm
Forum: Personal Consumer Issues
Topic: Computer hacked. Next?
Replies: 15
Views: 1624

Re: Computer hacked. Next?

If the account did not have admin privileges, and assuming no root compromise,
only the account may have been hacked, not the entire computer.

As such, deleting the account and creating a new one should suffice.

If you are truly paranoid about it, get a new hard drive and install on that.
by MathWizard
Mon Dec 05, 2016 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Installment loan to boost credit score.
Replies: 20
Views: 1007

Re: Installment loan to boost credit score.

Credit scores are being used for much more than issuing credit. They are used by insurance saleswomen, employers and landlords. They are used in ways we don't about so keeping it as high as possible won't hurt. My score falls to 800 whenever I use my credit card for a big purchase even if I pay it ...
by MathWizard
Mon Dec 05, 2016 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Spouses and spending styles...
Replies: 53
Views: 5162

Re: Spouses and spending styles...

Thanks to you both for the quick replies. I fully agree we are not in "huge gulf" territory. None of these things are "crises" or anything close to that - like I said its just about our spending styles. I'd save up 5k for a vacation and then take it. She'd take the vacation and ...
by MathWizard
Mon Dec 05, 2016 2:27 pm
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 71
Views: 5634

Re: Men's Fashion - Best Bang for Buck

Brooks Bros. shirts on sale are a good value. You'll still pay quite a bit but the quality is noticeable. I also like LLB for the smart casual look. Again, sales will improve the value. Thrift stores do carry nice jackets from rich guys who got fat. Just take them to a tailor so that they fit corre...
by MathWizard
Mon Dec 05, 2016 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move in order to save on taxes?
Replies: 21
Views: 2065

Re: Should I move in order to save on taxes?

I'm not suggesting that you move, but if you do, look at all options (unless you really want to live in Texas for reasons having nothing to do with taxes.) If you are in northern or western Neb. you could move to S Dak or Wyoming, which would have a similar climate. Neither has a personal income tax...
by MathWizard
Mon Nov 28, 2016 10:10 am
Forum: Investing - Theory, News & General
Topic: What was your Asset Allocation before and after retirement?
Replies: 91
Views: 8027

Re: What was your Asset Aloocation before and after retirement?

You are saying that the back-testing shows a 100% chance of success for a 5% fixed dollar amount withdrawal from a 100% stock portfolio? For how long? If you put their entire portfolio into the savings account, would they still have a 100% chance of success? This is not exactly what I'm saying. Suc...
by MathWizard
Fri Nov 25, 2016 9:57 pm
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 3206

Re: What is your personal rate of inflation?

This year we will spend about 45% more than last year, but these are all one-time expenses. We paid off the house, spent about 16K on long term maintenance and this is the year we double up on charitable contributions and property tax to save on taxes for the year. If we don't count one-time expense...
by MathWizard
Fri Nov 25, 2016 9:43 pm
Forum: Personal Consumer Issues
Topic: Long ethernet cable or wireless?
Replies: 81
Views: 5418

Re: Long ethernet cable or wireless?

ved wrote:If Computer #2 is a desktop, I don't think you have a choice for a wireless connection.


There are wireless dongles for USB.

Securitywise wired is slightly safer, but there are plenty of
ways a computer can get compromised.

If you take reasonable precautions, you should be OK.
by MathWizard
Thu Nov 24, 2016 5:54 pm
Forum: Investing - Theory, News & General
Topic: What is your personal rate of inflation?
Replies: 35
Views: 3206

Re: What is your personal rate of inflation?

Did I read that right?
Your TOTAL expenses for a full year are under 17K?

Wow! You have me beat. I could have retired years ago.
by MathWizard
Sun Nov 20, 2016 11:11 pm
Forum: Personal Consumer Issues
Topic: Worth repairing car after accident?
Replies: 16
Views: 1414

Re: Worth repairing car after accident?

The repaired vehicle will not be as good as it was before. Modern cars are made sacrifice themselves to protect the occupants. That is a good thing. Better to have to spend a little money than have ongoing medical issues. If Gieco says it's totaled (and it probably is), then the price of repair exce...
by MathWizard
Sun Nov 20, 2016 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 7693

Re: Do you track your net worth? How long have you done so?

I always knew about where I was at.

I have tracked it more closely since 2008/9 ; estimating what I
could expect if both my wife and I found ourselves "unexpectedly retired".
by MathWizard
Sun Nov 20, 2016 4:57 pm
Forum: Personal Consumer Issues
Topic: linux versus Mac for the average PC user
Replies: 58
Views: 2643

Re: linux versus Mac for the average PC user

I think that if you took two people who never had seen a computer and introduced them to ubuntu and windows, they would find ubuntu easier. The only reason people find it more difficult is because we have generally grown up on windows. Every time I go back and do something on windows I can't help b...
by MathWizard
Thu Nov 17, 2016 3:52 pm
Forum: Personal Consumer Issues
Topic: Which cell phone for 13 year old?
Replies: 59
Views: 3126

Re: Which cell phone for 13 year old?

Target has iPhone 5's for use with tracfone.

phone is $200, access is as low as $100/year for 1200min, 1200 texts, 1200 MB of data.
by MathWizard
Thu Nov 17, 2016 10:41 am
Forum: Personal Consumer Issues
Topic: AppleCare on MacBook Pro?
Replies: 40
Views: 3010

Re: AppleCare on MacBook Pro?

My 2011 MBP has needed a logic board replaced twice at about $450/ replacement. Apple covered it in full even though my warranty expired since it was apparently a design issue. Should have two more years of use and then I expect it'll go again and I might as well get a new model as coverage for tha...
by MathWizard
Wed Nov 16, 2016 10:24 pm
Forum: Personal Consumer Issues
Topic: AppleCare on MacBook Pro?
Replies: 40
Views: 3010

Re: AppleCare on MacBook Pro?

My 2011 MBP has needed a logic board replaced twice at about $450/ replacement. Apple covered it in full even though my warranty expired since it was apparently a design issue. Should have two more years of use and then I expect it'll go again and I might as well get a new model as coverage for tha...
by MathWizard
Wed Nov 16, 2016 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Monthly grocery costs? How do you keep it low?
Replies: 155
Views: 14658

Re: Monthly grocery costs? How do you keep it low?

Just looking over some recent credit card bills and realized we are spending $600-700/month on groceries. We are a family of 4 and the majority of our meals are cooked at home, wife brings lunch to work but I usually eat out, kids get lunch at their daycare. Don't shop at a fancy supermarket and wh...
by MathWizard
Sat Nov 12, 2016 6:38 pm
Forum: Investing - Theory, News & General
Topic: Portfolio = over 98% of Net Worth (too much invested?)
Replies: 20
Views: 3058

Re: Portfolio = over 98% of Net Worth (too much invested?)

what is the 2% in? this mostly reflects that you rent your home/don't own real estate. otherwise your case is like that of any good boglehead near or in retirement. even we, far from retirement and owning two houses, have 93% of our net worth in our portfolio. Hey letsgobobby. The remaining 2% of o...
by MathWizard
Sat Nov 12, 2016 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help for former check to check and drowning in debt 30 yr old!
Replies: 15
Views: 1849

Re: Help for former check to check and drowning in debt 30 yr old!

Put your $5k in a Roth. To start with since your emergency fund is so small, just put the Roth money in a high yield savings. Thanks, after googling tho it looks like a Roth is a retirement fund. Won't I get penalized if I use it in a emergency? Go to the wiki [url] https://www.bogleheads.org/wiki/...
by MathWizard
Thu Nov 10, 2016 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Would you invest $80K right now?
Replies: 38
Views: 4871

Re: Would you invest $80K right now?

As long as you have a reasonably liquid safe account for short term needs (aka an Emergency Fund) invest the rest for the long term. The other alternative is to pay off debt, since that lowers the cash flow that you need to maintain every month. That also slightly lowers the size of the EF you need.
by MathWizard
Thu Nov 10, 2016 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: QCD Mechanics [Qualified Charitable Distribution]
Replies: 23
Views: 1298

Re: QCD Mechanics

Shucks, I was wondering how someone could apply Quantum Mechanics in portfolio analysis. To me, QCD = Quantum Chromo Dynamics MonteCarlo simulations are used in portfolio analysis now, but the first meaningful Monte Carlo use of them that I know of were in atomic physics during the Manhattan Project
by MathWizard
Wed Nov 09, 2016 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: investing 900k at 28yrs old
Replies: 8
Views: 2373

Re: investing 900k at 28yrs old

Why a 28 year old with $900K would have a 3-5 year investment horizon eludes me. Is this an interest free loan that you have to pay back in that time frame? A 28 year old normally would have a very long term investment horizon, where inflation would be a bigger risk than a well diversified portfolio...
by MathWizard
Wed Nov 09, 2016 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: 21 Year Old with Little Savings
Replies: 16
Views: 1636

Re: 21 Year Old with Little Savings

Just want to say welcome to the site, and good job with $6K saved up as a senior in college.

There is so much in the news about students drowning in debt.
by MathWizard
Wed Nov 09, 2016 12:04 pm
Forum: Investing - Theory, News & General
Topic: Just don't panic
Replies: 61
Views: 8723

Re: Just don't panic

Markets react to uncertainty. (Uncertainty equated to a risk.)

The market seems to be recovering some of the ground it lost in recent days not that there is an outcome.
by MathWizard
Tue Nov 08, 2016 11:31 pm
Forum: Personal Consumer Issues
Topic: How to do secure communications to my web server?
Replies: 15
Views: 1213

Re: How to do secure communications to my web server?

Suggestions: Run a Linux style OS like CentOS. Turn on SELinux to limit vulnerability Get a certificate and use SSL Login with ssh which encrypts your entire session, unlike telnet Shut off any unneeded services and close any ports you don't need Use a PAM module to enable time based one-time passwo...
by MathWizard
Mon Nov 07, 2016 3:01 pm
Forum: Personal Consumer Issues
Topic: google phone project fi
Replies: 37
Views: 3807

Re: google phone project fi

Mine Nexus 5 is great. I'd check if the problem is with wifi. try it where it cannot connect to wifi. Did you somehow turn off your cell connection? Do any other cellphones work where you are? If the problem is not one of the above, likely you have a bad phone. I'd call customer support then.
by MathWizard
Sun Nov 06, 2016 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody have an "In case of emergency read this!" excerpt or statement?
Replies: 14
Views: 2470

Re: Anybody have an "In case of emergency read this!" excerpt or statement?

No, I do not, and see no reason to.

Why would I listen to the younger version of myself who had less information?

If it takes a signed pledge to hold a position, why should I ever hold that position?

I stayed the course through 2001, 2003 and 2008/9 .
by MathWizard
Sun Nov 06, 2016 6:45 pm
Forum: Investing - Theory, News & General
Topic: Should Retirement Draw Downs Deplete Portfolio
Replies: 11
Views: 1184

Re: Should Retirement Draw Downs Deplete Portfolio

Yes, the studies do consider the plan a success even if the portfolio goes to zero upon the last full scheduled withdrawal. However it need not, and the common 4% rule historically left a higher balance than at the start (in nominal terms) in 96% of the cases, and higher in real terms 69% of the tim...
by MathWizard
Sun Nov 06, 2016 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Paying for kids college
Replies: 55
Views: 3334

Re: Paying for kids college

They could go to places where they can get merit money, and maybe fund the gap with the loans. But that won't be a State U, because State U's don't give out merit money. Slight exaggeration, but the money is small change and hard to get. I'm not sure what you are saying here... State U absolutely g...
by MathWizard
Fri Nov 04, 2016 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to retire early (in your 30s or 40s)?
Replies: 173
Views: 20987

Re: How to retire early (in your 30s or 40s)?

Where there is not a big inheritance or gambling winnings (think lottery) about the only way you can retire that early is to have a business that gets bought out. This is high risk/high reward, as most new businesses do not last. The 401K millionaire way is much more likely to be successful, but hig...
by MathWizard
Wed Nov 02, 2016 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense for my wife to work?
Replies: 30
Views: 3285

Re: Does it make sense for my wife to work?

If she qualifies for social security on her own, you get more flexibility for planning. For example, she could claim at 62 while you wait until 70. She is then getting a benefit while yours grows. When you turn 70 and claim, your check will be at its largest. If she then claims your spousal benefit...
by MathWizard
Tue Nov 01, 2016 1:37 pm
Forum: Investing - Theory, News & General
Topic: Your thoughts on implications of increasing automation of manufacturing.
Replies: 23
Views: 1705

Re: Your thoughts on implications of increasing automation of manufacturing.

I think it's inevitable. I don't want to stray into politics, but I think the following is acceptable: Absent a plague or other unintentional culling, I think the future is Universal Basic Income. I tell my kids that meaningful work will be considered a luxury, in their lifetimes. You can see it in...
by MathWizard
Mon Oct 31, 2016 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Anything to do before ARM adjusts?
Replies: 9
Views: 836

Re: Anything to do before ARM adjusts?

Refinace to a fixed rate to avoid further rate increases?
by MathWizard
Mon Oct 31, 2016 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Buying 50% of parents' house in a divorce
Replies: 19
Views: 2688

Re: Buying 50% of parents' house in a divorce

Does your mom want to stay in the house? Now might be a time to consider moving into something more manageable for maintenance, and for accessibility. I'm nearing 60 and we are already thinking about the time when we will need to move to a place that has no stairs, and had larger doors/hallways that...
by MathWizard
Sun Oct 30, 2016 6:53 pm
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 3690

Re: which engineering major for renewables

Wow. Thanks all for your input. Marjimmy, very generous offer and may take you up on that at some point. He does have an interest in chemical, but was turned off by RPI prof answer over the weekend that most chem engineers focus on petroleum (that may be the profs experience at that school). Still ...
by MathWizard
Wed Oct 26, 2016 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching Basic Person Finance
Replies: 37
Views: 2303

Re: Teaching Basic Person Finance

Jack FFR1846 wrote:I'm not crazy about your subject list. I'd go up a few thousand feet. Something like:

Why do we want to pay attention to personal finance?
--Be able to pay our bills

....



Excellent!
by MathWizard
Tue Oct 25, 2016 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Infant with disabilities - need to revisit financial plan and allocation
Replies: 15
Views: 1859

Re: Infant with disabilities - need to revisit financial plan and allocation

It looks like you are in good shape. You are wise to be planning ahead. You will need to consider the care and whether one of you will need to be home with your child, or whether the disability requires extra care at home by a skilled professional, as that will affect your budget. I don't know wheth...
by MathWizard
Mon Oct 24, 2016 10:39 pm
Forum: Personal Consumer Issues
Topic: Where do you store your paper documents?
Replies: 36
Views: 2638

Re: Where do you store your paper documents?

I am curious how people store their legal documents to make sure they are safe from nature events, etx Passports wills deeds birth certificates etc in the safety deposit box. Old tax returns are on computer, with paper copy in fireproof safe Copies of bills paid, dup checks in paper filer for conve...
by MathWizard
Fri Oct 21, 2016 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Question of Savings Percentage
Replies: 14
Views: 1709

Re: Question of Savings Percentage

Op,

I'm impressed that you can live on 50K with that high a salary.
Usually compensation that high means you live in a HCOL
area, where housing breaks the budget on $50K.
by MathWizard
Thu Oct 20, 2016 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: When have you given enough?
Replies: 65
Views: 5247

Re: When have you given enough?

A child with a masters degree and job is not a worthy cause. $0 is enough. If the child lost his job and needed help making ends meet, then he would be a worthy cause. The limit may be up to the point of sinking your own ship. This. We go through this almost monthly, except with my in-laws. I final...
by MathWizard
Thu Oct 20, 2016 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: When have you given enough?
Replies: 65
Views: 5247

Re: When have you given enough?

If the kids have Master's degrees, (or even bachelor's) that you paid for, they should be set. You've saved your whole lives. Go have some fun. Your kids may feel the same way. I sure told my mother that. I felt it was a privilege to pay for her meal if we went out, as she had done a lot for me.
by MathWizard
Thu Oct 20, 2016 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting for one after a spouse dies--are there any "average" decreases?
Replies: 26
Views: 2292

Re: Budgeting for one after a spouse dies--are there any "average" decreases?

To what extent do expenses decrease after one spouse dies, on average? I know that expenses may not decrease at all, but it seems likely that they would, if only minimally. Can you share any data or personal experience? My father was widow(er)ed in February and one expense that has decreased dramat...
by MathWizard
Thu Oct 20, 2016 3:22 pm
Forum: Personal Consumer Issues
Topic: How to transfer huge amount of data (>500 GB) to someone through the internet?
Replies: 88
Views: 5354

Re: How to transfer huge amount of data (>500 GB) to someone through the internet?

I'd ship a drive, but if you want to ship the data: Google Drive is $10/month for 1 TB of storage. If you want to go directly, and you wanted to set up an ftp server, you have to have a routable internet address. Generally, ISPs just give you a Nat'd service, which precludes doing what you want to d...
by MathWizard
Thu Oct 20, 2016 12:16 pm
Forum: Personal Consumer Issues
Topic: Preferred "disk cloning" software?
Replies: 33
Views: 2116

Re: Preferred "disk cloning" software?

Apricorn sells a device designed just for this, which works while the system is running on the old SSD. It includes a cable to connect the new USB drive. https://www.amazon.com/Apricorn-Notebook-Upgrade-Connection-ASW-USB3-25/dp/B005C983NA?th=1 I bought one and have used it several times. There are ...

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