Search found 319 matches

by MindBogler
Fri May 27, 2016 9:30 am
Forum: Personal Consumer Issues
Topic: Real price for a new car
Replies: 50
Views: 2936

Re: Real price for a new car

Invoice minus 3% before rebates is a good starting point. Rebates should be applied after the initial negotiation. The last time I purchased a new vehicle I made a deal like this by spamming all of the dealerships' internet sales representatives within 200 miles with a color/options list and my pric...
by MindBogler
Thu May 26, 2016 8:07 am
Forum: Investing - Theory, News & General
Topic: Can I just let my money compound now?
Replies: 50
Views: 5253

Re: Can I just let my money compound now?

So...I'm 25 with a little over 100k saved and in a target fund. Is it safe to say that I could potentially not save another dime and be in decent shape in 30 years? Not saying I'm going to do this, just curious. Let's assume that you're going to earn 5% annually and inflation runs at 2% annually. I...
by MindBogler
Thu May 26, 2016 8:03 am
Forum: Investing - Theory, News & General
Topic: Can I just let my money compound now?
Replies: 50
Views: 5253

Re: Can I just let my money compound now?

All that high valuations tell me about this period is it is a good time to be an accumulator. I think anyone in the accumulation phase looking at the returns of the last 10-15 years and extrapolating their continuation for another 15-20 is being overly pessimistic. Diversify, continue saving and you...
by MindBogler
Sun Apr 24, 2016 12:21 pm
Forum: Personal Consumer Issues
Topic: Thinking about Mac (vs Windows)
Replies: 66
Views: 6816

Re: Thinking about Mac (vs Windows)

As I've said in the past in various forms, if you plan on spending dollar parity, you will find little difference for average usage between a new Macbook Pro and a comparable Windows 10 PC. To compare a Macbook Pro with an advanced screen and PCI-based flash storage to a $500-800 PC with spinning di...
by MindBogler
Thu Apr 21, 2016 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Cannot Pay Huge Tax Burden
Replies: 107
Views: 9081

Re: Cannot Pay Huge Tax Burden

I don't even know where to start with this entire thread because, frankly, it's a mess. I find it hard to believe that there are people here advocating about how to game the system. Shame on all of you who suggest such a thing. There is no free lunch and it is morally irresponsible of anyone who sug...
by MindBogler
Wed Apr 20, 2016 8:25 pm
Forum: Investing - Theory, News & General
Topic: To Buy or Rent a Home? Weighing Which Is the Better Choice
Replies: 16
Views: 2758

Re: To Buy or Rent a Home? Weighing Which Is the Better Choice

My position that home ownership as an investment is far over rated , has been colored by personal experience. We still live in the house we built 30 years ago and I was counting on a 5 % yearly increase in house prices....We built the house for resale and I was convinced this would be a great inves...
by MindBogler
Mon Apr 04, 2016 7:25 pm
Forum: Investing - Theory, News & General
Topic: To Buy or Rent a Home? Weighing Which Is the Better Choice
Replies: 16
Views: 2758

Re: To Buy or Rent a Home? Weighing Which Is the Better Choice

It is pretty amazing that with all the evidence, that renting for most people makes sense, people want to own. This is actively encouraged by mortgage interest tax deduction and $500,000 gain taxfree. It's hard to argue with this kind of dogmatic position. Renting is far from ideal under a number o...
by MindBogler
Fri Apr 01, 2016 7:09 pm
Forum: Personal Consumer Issues
Topic: Are any OTC drugs and vitamins U.S.P.-labelled any more?
Replies: 34
Views: 1335

Re: Are any OTC drugs and vitamins U.S.P.-labelled any more?

Like the previous poster said, there are quite a few but you have to read each label. Most of them display it quite prominently.
by MindBogler
Thu Mar 24, 2016 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: MedicareRX - pricing biologics
Replies: 17
Views: 1085

Re: MedicareRX - pricing biologics

Go to the website of the manufacturer of this drug and see if they have any payment assistance plans. Many of them offer large subsidies directly for biologics. I don't know about the manufacturer of Orencia, but this is the case for others that I am aware of.
by MindBogler
Thu Mar 17, 2016 4:54 pm
Forum: Personal Consumer Issues
Topic: Deck staining
Replies: 15
Views: 1620

Re: Deck staining

Personally, unless you are physically unable or simply do not have time, I would stain the deck myself. Rent a pressure washer and a flooring orbital sander for Home Depot, etc. -Pressure wash (do not use a stream, use a fan spray) -Allow to dry -Sand -Wash again -Allow to dry -Tape off areas/ lay p...
by MindBogler
Sun Mar 13, 2016 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to convince high NW father to dump his financial advisor?
Replies: 69
Views: 6803

Re: How to convince high NW father to dump his financial advisor?

I don't think your father needs your advice. That. This comes across as "My dad had done great using his current financial advisor, and is very comfortable with him as well. How can I get him to dump this advisor and switch to another with whom he is not familiar?" Your dad really wants t...
by MindBogler
Wed Feb 17, 2016 7:15 pm
Forum: Personal Consumer Issues
Topic: should I give up on HP laptop - what next?
Replies: 40
Views: 2710

Re: should I give up on HP laptop - what next?

It is unfair to compare a $300-$400 laptop, from any of the makers, with a $1000 Mac. If you want quality in a Windows machine you should go to the business lines of the large makers (Lenovo, HP, Dell) Exactly. And to respond to the post further above where it was mentioned that running Windows in ...
by MindBogler
Thu Jan 21, 2016 7:56 pm
Forum: Investing - Theory, News & General
Topic: Why buy now, why not wait until the market really crashes??
Replies: 79
Views: 9823

Re: Why buy now, why not wait until the market really crashes??

Yes, it worked fairly well during the last two bear markets, letting you miss significant losses, and letting you buy in much lower. But how much of that is back-testing? Why 10-month? What does 4-month show? Or 16-month? What if the next crash is different? How does that simple 10-month system loo...
by MindBogler
Sun Jan 10, 2016 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: $2.3M+ stolen from my company 401k [Safeguards in 401(k) plans]
Replies: 14
Views: 3974

Re: $2.3M+ stolen from my company 401k

What is the car? I feel lost. Was this your money specifically or the entire company's 401k? What advice are you seeking?
by MindBogler
Fri Dec 04, 2015 8:42 pm
Forum: Investing - Theory, News & General
Topic: Stocks and bonds move in opposite directions and improve results? Really?
Replies: 129
Views: 9532

Re: Stocks and bonds move in opposite directions and improve results? Really?

This is one of my favorite charts. No additional commentary required:

Image
by MindBogler
Fri Dec 04, 2015 8:31 pm
Forum: Investing - Theory, News & General
Topic: Stocks and bonds move in opposite directions and improve results? Really?
Replies: 129
Views: 9532

Re: Stocks and bonds move in opposite directions and improve results? Really?

I agree that there isn't that much annual data. But then again, why do you need annual data? Use daily data instead. There have been an awful lot of days, and we have a large data set of those. Using daily data for S&P 500, (SPY) and the Vanguard Long-Term Treasury fund (VUSTX), we find a corre...
by MindBogler
Wed Dec 02, 2015 9:23 pm
Forum: Investing - Theory, News & General
Topic: [Companies that pay] lobbyists beat the S&P 500
Replies: 10
Views: 1363

Re: How lobbyists beat the S&P 500

Doing so would have generated profits that easily beat the index—generating alpha, as it's known among investing pros—every year for more than a decade, according to data from Strategas, which uses a proprietary measure it calls the Lobbying Index to track those companies. Sounds great in theory bu...
by MindBogler
Mon Nov 30, 2015 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Can I make a legal last will/testament by myself?
Replies: 52
Views: 5435

Re: Can I make a legal last will/testament by myself?

Just because you can do something doesn't mean that you should.
by MindBogler
Fri Nov 27, 2015 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Would you consider an eventual inheritance?
Replies: 43
Views: 6299

Re: Would you consider an eventual inheritance?

Work on making your own inheritance. Don't count on anything that isn't already in your hands. And don't be one of those buzzards swooping around old folks, often many years before they've passed. It's distasteful and disrespectful. For all you know, those wise owls gave their money to charity. With...
by MindBogler
Tue Nov 24, 2015 8:32 pm
Forum: Personal Consumer Issues
Topic: Beer Growler, how long will it keep unopend?
Replies: 16
Views: 2012

Re: Beer Growler, how long will it keep unopend?

Depends on how it was filled. A sanitized growler purged and filled from the bottom with a counter pressure filler will be very shelf stable, a growler filled from the top from a dirty bar tap will not be very shelf stable. This guy is right. If it's filled correctly (counter pressure) then you wil...
by MindBogler
Sun Nov 22, 2015 11:33 pm
Forum: Personal Consumer Issues
Topic: What car would you buy today for $6000?
Replies: 57
Views: 4723

Re: What car would you buy today for $6000?

With the recent issues identified with VW diesels, she might be able go get a relatively recent good quality car for less than market value on similar compact cars. I would not want to recommend a car from a manufacturer with a relatively poor reliability record. If any thing goes wrong with it, yo...
by MindBogler
Sun Nov 22, 2015 4:46 pm
Forum: Investing - Theory, News & General
Topic: How to classify money in an HRA [Health Reimbursement Arrangement]
Replies: 7
Views: 641

How to classify money in an HRA [Health Reimbursement Arrangement]

I have recently separated from a gov't entity that provided me with a health reimbursement arrangement. The union contract that governs this arrangement stipulates that I get to keep the money in this account even though I have terminated employment. I can continue to use the money for healthcare re...
by MindBogler
Sun Nov 22, 2015 3:41 pm
Forum: Investing - Theory, News & General
Topic: Any Bogleheads Not Staying the Course
Replies: 98
Views: 10763

Re: Any Bogleheads Not Staying the Course

Exactly. There isn't any point trying to figure out the vacillations of the market. "The enemy of a good plan is the dream of a perfect plan." Chart a course and stick with it. No one knows what is coming, but I'm pretty confident saying that if you stay any course, you're going to come ou...
by MindBogler
Sun Nov 22, 2015 3:37 pm
Forum: Investing - Theory, News & General
Topic: Did you predict this week's market direction?
Replies: 41
Views: 3731

Re: Did you predict this week's market direction?

*holds a wet finger to the wind*

Yep, the market is moving. :twisted:
by MindBogler
Sun Nov 22, 2015 2:42 pm
Forum: Investing - Theory, News & General
Topic: Any Bogleheads Not Staying the Course
Replies: 98
Views: 10763

Re: Any Bogleheads Not Staying the Course

My portfolio consists of 75% stocks and 25% bonds. About 2/3 of the bonds are long term treasuries and the remainder are in stable value fund in a gov't 457 from a previous employer that yields 3% which is why I keep the 457, along with the beneficial tax treatment for early withdrawals (I consider ...
by MindBogler
Sat Nov 21, 2015 6:06 pm
Forum: Personal Consumer Issues
Topic: What car would you buy today for $6000?
Replies: 57
Views: 4723

Re: What car would you buy today for $6000?

If I needed it in the next week, I'd bow to reality and look around at my likely sources-- acquaintances, relatives, nearby used car dealers, see what they had, make at least a cursory check online that there wasn't anything staggeringly bad, then buy it and get on with life. You can look up all th...
by MindBogler
Sat Nov 21, 2015 6:02 pm
Forum: Personal Consumer Issues
Topic: What car would you buy today for $6000?
Replies: 57
Views: 4723

Re: What car would you buy today for $6000?

The problem with used Hondas and Toyotas is everyone thinks they will run forever with never a repair bill, thus the prices are inflated for what you get, IMO. For example KBB gives a value of about $5000 (private party sale) for my car in good condition, 2007 Mazda6i sport value edition with 60,00...
by MindBogler
Fri Nov 20, 2015 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Discouraged =( [Lost money in IRA target fund]
Replies: 66
Views: 6891

Re: Discouraged =( [Lost money in IRA target fund]

When I first started investing it was through a financial advisor in 1997. I was all-in on stocks and it turns out he put me in a sector fund, the magical, amazing tech sector. Well, my fund lost over 80% of its value by mid-2001 and that's how I came to start managing my own money. I feel no need t...
by MindBogler
Tue Nov 17, 2015 8:38 pm
Forum: Personal Consumer Issues
Topic: What Happened to IE?
Replies: 7
Views: 1351

Re: What Happened to IE?

I agree that you should scan your system for malware but step one is to reset your IE to defaults. This will remove all toolbars, search options, home pages, etc. but it gets you back to factory settings. Click on Tools (press Alt in IE10+ to open the menu) -> Internet Options -> Advanced. Click the...
by MindBogler
Sun Nov 15, 2015 12:29 pm
Forum: Personal Consumer Issues
Topic: Spatchcock [aka Butterfly] Your Turkey?
Replies: 15
Views: 1396

Re: Spatchcock [aka Butterfly] Your Turkey?

I butterflied my turkeys for several years and I believe it is indeed superior to cooking the bird whole. The time savings is considerable. However, I found that butterflied turkey was just a stepping stone on the road towards turkey nirvana: smoked turkey.
by MindBogler
Wed Aug 19, 2015 8:58 pm
Forum: Investing - Theory, News & General
Topic: Piling into emerging markets
Replies: 67
Views: 8840

Re: Piling into emerging markets

I'm curious if anyone who has a substantial overweight (say 25% to 33% of equities) in EM staying the course? I am at around 42% US/ 38% Developed / 20% EM. Luckily I also have a low equity allocation (50%) in a Larry-esque portfolio of small-value tilted funds. My stocks are split into quarters wi...
by MindBogler
Sat Aug 15, 2015 1:19 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 528
Views: 59524

Re: Free Windows 10 Upgrade, Yes or No?

Near the last phase of the install, there is an option to customize the privacy settings. It is on the page that says "Use express settings." At the bottom left of that screen is a small hyperlink that allows you to customize. If you read each setting you can set it off or on to your own l...
by MindBogler
Tue Jun 16, 2015 2:39 pm
Forum: Investing - Theory, News & General
Topic: Not Buying a Home Could Cost You
Replies: 36
Views: 8233

Re: Not Buying a Home Could Cost You

I would argue that you are paying 5k in property taxes – assuming the value of the apartment you are renting is the same as the house you would buy. You just don't see it because it is buried in the 12k of rent that you pay. Depending on the homesteading rules, you might be paying even more. The ta...
by MindBogler
Tue Jun 02, 2015 5:44 pm
Forum: Investing - Theory, News & General
Topic: Warning Signs [Economic health indicators]
Replies: 282
Views: 41377

Re: Warning Signs

I both agree and disagree. I agree that timing the market, in the sense of doing regular trading in an attempt to beat long term average returns is going to be a losing game. On the other hand, due to the fat tails of the distribution and the fact that the market is a levy flight, I believe that it...
by MindBogler
Wed May 13, 2015 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB a good subsitute for Quicken?
Replies: 43
Views: 6733

Re: YNAB a good subsitute for Quicken?

The big downside of Mint is that it is a 3rd party with access to all of your financial information. Many people do not like this arrangement, myself included.
by MindBogler
Sat Apr 04, 2015 3:59 pm
Forum: Investing - Theory, News & General
Topic: Bogle says: "Active mutual funds could disappear:
Replies: 28
Views: 4077

Re: Bogle says: "Active mutual funds could disappear:

The obvious problem: - As soon as half the market's invested in passive indexes, who's going to keep the markets efficient? The whole concept of efficient markets (which passive investing is reliant on) necessitates most trades being based on active management decisions ... I'd speculate that the (...
by MindBogler
Wed Apr 01, 2015 5:40 pm
Forum: Forum Issues and Administration
Topic: Need a new sub-forum for guns?
Replies: 25
Views: 3331

Re: Need a new sub-forum for guns?

Most of us, with some exceptions, use computers to manage our investments, if not to play with spreadsheets then at least to connect to web sites at Vanguard and elsewhere. Using a computer is nearly a requirement for investing these days, so talking about them on an investment forum naturally foll...
by MindBogler
Sun Mar 22, 2015 5:11 pm
Forum: Investing - Theory, News & General
Topic: How important is an international allocation?
Replies: 105
Views: 11178

Re: How important is an international allocation?

Looks pretty obvious to me when you choose a proper comparison and don't manipulate the endpoints.

Image
by MindBogler
Thu Mar 19, 2015 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: [Poll] Do you have an auto loan?
Replies: 72
Views: 5918

Re: [Poll] Do you have an auto loan?

I bought a 1 yr old used car with a 2.09% loan this year. I replaced a 12 year old car that I sold for a decent chunk. I could pay cash but 2.09 is low enough that I don't feel compelled to give up my cash. IMHO, I think you'd have to be crazy to pay cash for a car right now.
by MindBogler
Thu Mar 12, 2015 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 4860

Re: Poll: Do you consider mortgage payments an investment?

You already own the house, and the house will appreciate or depreciate just as much regardless of how much you pay on the mortgage (unless you default and the house is taken away from you). The principal payment itself has only the effect that a payment now will give you a fixed amount of money lat...
by MindBogler
Tue Mar 10, 2015 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 4860

Re: Poll: Do you consider mortgage payments an investment?

And there is one potential negative effect, in which paying down a mortgage could hurt you with depreciation. If your house depreciates by so much that you are under water, and you go through a short sale or foreclosure in which the bank cannot go after you for the deficiency, any extra payments ar...
by MindBogler
Mon Mar 09, 2015 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 4860

Re: Poll: Do you consider mortgage payments an investment?

You already own the house, and the house will appreciate or depreciate just as much regardless of how much you pay on the mortgage (unless you default and the house is taken away from you). The principal payment itself has only the effect that a payment now will give you a fixed amount of money lat...
by MindBogler
Mon Mar 09, 2015 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 4860

Re: Poll: Do you consider mortgage payments an investment?

Making a principal payment is equivalent to buying a non-breakable CD that matures when you retire the mortgage. It may be illiquid during loan existence, hence risky. But increased risk doesn't make an investment an expense. If one says otherwise, then we have different definitions of investment a...
by MindBogler
Mon Mar 09, 2015 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 4860

Re: Poll: Do you consider mortgage payments an investment?

I agree with the previous poster that said it should have been:

-Yes
-No

The comments section is for all the qualifiers.

This poll proves that construction is just as important as the question one is trying to answer.
by MindBogler
Fri Mar 06, 2015 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8983

Re: Does My Daughter Need A Prenup?

dolphinsaremammals wrote:Family members have a right to express their opinions.

They certainly do not. It is that errant belief that is the very root of this problem.
by MindBogler
Fri Mar 06, 2015 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8983

Re: Does My Daughter Need A Prenup?

I find it disturbing that any parent believes they do or should have that kind of control over their adult children. You need to recognize your role in the relationship. She's 25, let her make her own decisions. You can make suggestions but I'd caution that unsolicited advice can often be received ...
by MindBogler
Fri Mar 06, 2015 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 8983

Re: Does My Daughter Need A Prenup?

I find it disturbing that any parent believes they do or should have that kind of control over their adult children. You need to recognize your role in the relationship. She's 25, get out of the way and let her make her own decisions. You can make suggestions but I'd caution that unsolicited advice ...
by MindBogler
Thu Mar 05, 2015 5:31 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Stocks & Oil Prices, 1997-2015
Replies: 12
Views: 1180

Re: Emerging Market Stocks & Oil Prices, 1997-2015

This is the problem with correlations: they work until they don't.

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