Search found 588 matches

by Ozonewanderer
Sun Mar 26, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Where's the sweet spot in the cost/benefit curve for floor speakers?
Replies: 37
Views: 2194

Re: Where's the sweet spot in the cost/benefit curve for floor speakers?

My husband and I heard some Sonus Faber Cremona floor speakers a decade ago, at a Best Buy/Magnolia Stereo center. We literally had goosebumps from the sound. This past year, DH hunted down a pair (used) from an audio dealer in Canada, and bought them for my birthday. We then had to replace our 25 ...
by Ozonewanderer
Wed Mar 22, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Where's the sweet spot in the cost/benefit curve for floor speakers?
Replies: 37
Views: 2194

Re: Where's the sweet spot in the cost/benefit curve for floor speakers?

I have a high end two speaker stereo system (approx $45k). I posted the story of how I ended up with it on Reddit, and in the hopes it may be instructive I am sharing this story with you. (Short answer: buy with your ears and heart, not by price, brand names or technical specs. Is the moral perhaps...
by Ozonewanderer
Wed Mar 22, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Friend will be laid off in a month - what should he do first?
Replies: 8
Views: 1253

Re: Friend will be laid off in a month - what should he do first?

One other thing not covered: Bulk up that emergency fund: quit *investing* and double down on *saving* I would agree with this suggestion if your friend does not have enough to live on - then he should set aside more cash. OTOH if he does have access to some savings (not retirement funds) and can l...
by Ozonewanderer
Wed Mar 22, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: Where's the sweet spot in the cost/benefit curve for floor speakers?
Replies: 37
Views: 2194

Re: Where's the sweet spot in the cost/benefit curve for floor speakers?

I have a high end two speaker stereo system (approx $45k). I posted the story of how I ended up with it on Reddit, and in the hopes it may be instructive I am sharing this story with you. (Short answer: buy with your ears and heart, not by price, brand names or technical specs.) --------------------...
by Ozonewanderer
Sun Mar 05, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Second home or not ready
Replies: 56
Views: 4292

Re: Second home or not ready

I want to disregard the financial perspective because it is obvious that the additional expense is a drain and the possibility of a capital gain is about the same as investing in equities over the long term. I have had two homes for a while (different two homes over the past 12 years) and the real ...
by Ozonewanderer
Fri Mar 03, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Second home or not ready
Replies: 56
Views: 4292

Re: Second home or not ready

I want to disregard the financial perspective because it is obvious that the additional expense is a drain and the possibility of a capital gain is about the same as investing in equities over the long term. I have had two homes for a while (different two homes over the past 12 years) and the real i...
by Ozonewanderer
Fri Feb 10, 2017 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Life insurance policy question
Replies: 23
Views: 1256

Re: Life insurance policy question

Ok gang, A little I learned today. So I have cash value of $2,700 for the policy, but my surrender is $2,800. It's calculated as such via the contract: $19.23 (the rate for surrender from my policy start age, which was 31) X the face value of $150,000 / 1,000 = $2,800. So as of today, I'd get $0 ca...
by Ozonewanderer
Wed Feb 08, 2017 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Life insurance policy question
Replies: 23
Views: 1256

Re: Life insurance policy question

Hello all, As I'm sure many of you do, I maintain a nice excel spreadsheet for my portfolio which includes 401k, IRAs, savings etc. My question is, do I also include my 3rd party life insurance policy in these calculations? I have a 150k policy purchased in Oct 2013. The current cash value is a lit...
by Ozonewanderer
Sun Feb 05, 2017 1:18 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 3327

Re: bond funds vs owning individual bonds

...If you hold individual bonds I assume that you would ladder them with the intent of letting them grow to maturity , then buy new ones at then current rates. So a bond ladder is a collection of bonds that mature at various times. A bond fund is a collection of bonds that mature at various times. ...
by Ozonewanderer
Sun Feb 05, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 3327

Re: bond funds vs owning individual bonds

Individual bonds (or similar CDs) can make sense if the maturity of the bond (or CD) fits well with the expected need for the funds. So, for example, if you have the expected need for, say, $20,000 in 2022 - then bond(s) maturing in 2022 could make more sense than keeping in a bond fund. Yes, I tot...
by Ozonewanderer
Sat Feb 04, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 3327

Re: bond funds vs owning individual bonds

Individual bonds (or similar CDs) can make sense if the maturity of the bond (or CD) fits well with the expected need for the funds. So, for example, if you have the expected need for, say, $20,000 in 2022 - then bond(s) maturing in 2022 could make more sense than keeping in a bond fund. Yes, I tot...
by Ozonewanderer
Fri Feb 03, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement Cost coverage for home?
Replies: 4
Views: 503

Re: Replacement Cost coverage for home?

You are paying a premium for a potential insurance benefit payment in the event of a loss. The maximum amount of insurance benefit you can buy is limited by the value of your house. Presumably the cost of insurance per dollar of benefit, regardless of coverage amount, is the same because the underly...
by Ozonewanderer
Fri Feb 03, 2017 10:25 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 3327

Re: bond funds vs owning individual bonds

I researched and considered this question at length last year and concluded I would stay with bond funds. My reasons are captured perfectly in this article. Falling off the bond ladder, March 3, 2014: http://www.marketwatch.com/story/falling-off-the-bond-ladder-2014-03-03 If you hold individual bond...
by Ozonewanderer
Sat Jul 23, 2016 11:51 am
Forum: Personal Consumer Issues
Topic: Should one upgrade to Windows 10? Free thru July 29?
Replies: 35
Views: 3017

Re: Should one upgrade to Windows 10? Free thru July 29?

I upgraded my Win 8.1 laptop yesterday... I also had to hunt all over to find a total shut down button. I guess Microsoft wants the machine to stay on all the time to spy I guess. So they hid the power down stuff. On my Win 10 machine I right click on the little window pane in the left corner of th...
by Ozonewanderer
Fri Jul 22, 2016 10:43 pm
Forum: Personal Consumer Issues
Topic: Should one upgrade to Windows 10? Free thru July 29?
Replies: 35
Views: 3017

Re: Should one upgrade to Windows 10? Free thru July 29?

I have Windows 7 and Win 10 on two laptops. They both work fine for my needs. The only reason I have not yet upgraded my Win 7 machine to Win 10 is because there is no Win 10 driver for my old but very capable Canon MP950 printer. So I kept my old laptop at Win 7 to print when I need to which isn't ...
by Ozonewanderer
Thu Apr 14, 2016 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Meeting with a Fidelity Financial planner, is it useful?
Replies: 39
Views: 4409

Re: Meeting with a Fidelity Financial planner, is it useful?

I have most of my money with Fidelity and I have an account manager who does not charge me anything. I have been very happy with them. Having said that, however, Fidelity does offer fee based services. I would just have the conversation with the rep and see what he has to say. Fidelity has some grea...
by Ozonewanderer
Sun Apr 10, 2016 10:48 pm
Forum: Personal Consumer Issues
Topic: Best showerhead?
Replies: 38
Views: 8094

Re: Best showerhead?

Thank you! Our WaterPik shower head is dying—after 8 years of regular use, it's developed irreconcilable leaks and the plastic mount is about to shear. I searched for the model specified at the top of this thread, and found Amazon now charges $156.22 (plus you have to buy the mount & hose separ...
by Ozonewanderer
Sun Apr 10, 2016 2:45 pm
Forum: Personal Consumer Issues
Topic: Best showerhead?
Replies: 38
Views: 8094

Re: Best showerhead?

After researching shower heads, found this older thread. I miss having a handheld shower head. I'm in a rental now with a standard shower-head and I'd like to remove the current one (and keep it and place it back on when I leave)...and use one of these other heads in the meantime. I'm not very hand...
by Ozonewanderer
Sat Mar 12, 2016 3:26 am
Forum: Investing - Help with Personal Investments
Topic: Possible dumb question [Rebalancing]
Replies: 6
Views: 755

Re: Possible dumb question [Rebalancing]

"It looks like mine is the former rather than the latter. My wife's looks like I'll have to manually rebalance it because I set it at 50 vanguard s&p, 25 small cap, 25 bond and those percentages have changed to like 50.13, 24.66 and 25.21" You are kidding, right? To me, it seems unnec...
by Ozonewanderer
Wed Jun 03, 2015 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Strategies
Replies: 43
Views: 5281

Re: Social Security Strategies

Of course, please remember that all of these forecasts are merely that: guesses about the future. As my father's accountant would always say, " Tell me when you are going to die and I will tell you exactly what to do." So is this true in general - the strategies that involve waiting until...
by Ozonewanderer
Tue Jun 02, 2015 10:20 pm
Forum: Investing - Theory, News & General
Topic: why do some people like Fidelity?
Replies: 92
Views: 15013

Re: why do some people like Fidelity?

Vanguard is ahead of them on security, allowing more flexibility in creating passwords. Also, Vanguard has the feature of sending a text message with a one-time password on log ins. Fidelity doesn't advertise this well anymore, but they actually go a little further than Vanguard, by offering Symant...
by Ozonewanderer
Tue Jun 02, 2015 7:31 pm
Forum: Investing - Theory, News & General
Topic: why do some people like Fidelity?
Replies: 92
Views: 15013

Re: why do some people like Fidelity?

I love their service and technology. I actually enjoy talking to their customer service reps. One can do so much just through their web site. And their Retirement Income Planner is extraordinarily sophisticated. I use it often to see how I am doing with respect to my withdrawal plan (I am 65).
by Ozonewanderer
Tue Jun 02, 2015 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Strategies
Replies: 43
Views: 5281

Re: Social Security Strategies

I bought and read Mike Piper's book, and I thought it was excellent. I also thought that this should be a fairly simple topic with straightforward solutions, but it did make my head spin. Mike was also kind enough to personally answer my specific questions by email (but I am not suggesting that he w...
by Ozonewanderer
Mon Sep 15, 2014 2:39 pm
Forum: Personal Consumer Issues
Topic: Which generator do you have?
Replies: 127
Views: 12116

Re: Which generator do you have?

Ron wrote:Maybe you should just have stock in all the gen-set providers (sort of a "gen-fund" :mrgreen: ).
- Ron


Great idea! Going one step further, does anyone know of a Global Warming fund that places bets on companies that provde products and services in response to the new climate??
by Ozonewanderer
Fri Sep 12, 2014 3:07 pm
Forum: Personal Consumer Issues
Topic: Which generator do you have?
Replies: 127
Views: 12116

Re: Which generator do you have?

I just had my Generac standby generator's annual tune up, and I asked the service technician what he thought about Generac. He said they were "OK" but he preferred Kohler and GE.

Maybe I will sell my Generac stock...
by Ozonewanderer
Sat Sep 06, 2014 8:07 pm
Forum: Personal Consumer Issues
Topic: Which generator do you have?
Replies: 127
Views: 12116

Re: Which generator do you have?

I have Generac, whole house, natural gas generator up here in the Northeast. It has been very reliable. Everyone should buy Generac considering our global warming trend and continued haphazard, hazardous weather. I really believe that and the fact that I own Generac stock, which has been dropping ev...
by Ozonewanderer
Sat Sep 06, 2014 8:01 pm
Forum: Personal Consumer Issues
Topic: Which generator do you have?
Replies: 127
Views: 12116

Re: Which generator do you have?

I have been considering a back up 20 kw generator for the entire house for over five years now. Over the last five years, we have had perhaps 3-4 interruptions that I was aware of -10 minutes or less with the exception of one that lasted for around an hour. It really makes it difficult for me to ju...
by Ozonewanderer
Sat Sep 06, 2014 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Fort Lauderdale area: need real estate advice
Replies: 8
Views: 1138

Re: Fort Lauderdale area: need real estate advice

Check out Point of Americas as an option. You cannot get a better location in FLL. I owned there.
by Ozonewanderer
Sat Sep 06, 2014 6:55 pm
Forum: Personal Consumer Issues
Topic: Vanguard Lost $50k
Replies: 103
Views: 12493

Re: Vanguard Lost $50k

I don't care how much money you have, I would not keep my money with a company who misplaced my $50,000. This should have been resolved - or they should have made you whole, considering how much money you have with them - in 24 hours.

Get the money first, then leave.
by Ozonewanderer
Wed Sep 18, 2013 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance through trust
Replies: 13
Views: 1175

Re: Inheritance through trust

I think the OP was asking about a beneficiary having their own discreation on what to do with the money with NO restrictions. In this situation I don't see how a court can't mandate that the money can't be used to pay off a creditor. Yes, as the OP, I was wondering if a non-specific trust could be ...
by Ozonewanderer
Tue Sep 17, 2013 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance through trust
Replies: 13
Views: 1175

Re: Inheritance through trust

...But can the trust be controlled by the beneficiary? The child could, for example, (i) be a trustee, (ii) have the power to remove and replace his/her co-trustee (provided the replacement trustee is not a close relative or subordinate employee, and (iii) have the power, both during lifetime (perh...
by Ozonewanderer
Tue Sep 17, 2013 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: achieving total stock market index with Fidelity Spartan
Replies: 5
Views: 830

Re: achieving total stock market index with Fidelity Spartan

The performance difference between S&P 500 and Total Market is not that large. If you have a long investment time frame (say, 15+ years) you might consider overweighting mid-cap and small-cap with the hopes of a better return. From http://www.cbsnews.com/8301-505123_162-37741008/john-c-bogle-on-...
by Ozonewanderer
Tue Sep 17, 2013 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance through trust
Replies: 13
Views: 1175

Re: Inheritance through trust

Correct me if I am wrong, but to protect assets from creditors, I believe a trust must be irrevocable and not controlled by the beneficiary. That way, the assets are not considered to be owned by the beneficiary can't be reached by creditors. If a trust were revocable by the beneficiary the courts ...
by Ozonewanderer
Tue Sep 17, 2013 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance through trust
Replies: 13
Views: 1175

Re: Inheritance through trust

As a supplement to my original inquiry, this is the posting that I saw: Almost all of our clients provide (in their Wills) for their children in separate trusts for their benefit rather than outright. If the children are otherwise capable, each child will control his/her trust. The purpose isn't to ...
by Ozonewanderer
Tue Sep 17, 2013 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance through trust
Replies: 13
Views: 1175

Inheritance through trust

There was a thread in this forum in which the concept of passing on an estate to children through a trust instead of outright to the kids was brought up. My interpretation of the idea was that I could have a trust created upon my death (or my spouse's, last to one live) and my will would give my mon...
by Ozonewanderer
Mon Sep 02, 2013 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Conversion to Roth In Retirement @ 25%
Replies: 55
Views: 5034

Re: Conversion to Roth In Retirement @ 25%

...I am in the process of setting up trusts for my children. I do worry about the tax implications. Presently, I will be a trustee for my children's trusts. Our attorney thinks we should set up trusts for ourselves. I cannot see letting anyone being the trustee now except us grown ups. I have had s...
by Ozonewanderer
Mon Sep 02, 2013 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Conversion to Roth In Retirement @ 25%
Replies: 55
Views: 5034

Re: Conversion to Roth In Retirement @ 25%

BL wrote:http://www.amazon.com has a 2012 Basic TurboTax for $4.19 and Deluxe for $16.01. They also have other brands.

Thanks for this tip! I got the Premier version for $23.15 including shipping and tax. I thought I needed the premier to cover buying/selling of stocks and mutual funds.
by Ozonewanderer
Sat Aug 31, 2013 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Conversion to Roth In Retirement @ 25%
Replies: 55
Views: 5034

Re: Conversion to Roth In Retirement @ 25%

ObliviousInvestor wrote:
livesoft wrote:I think one should do a TurboTax run.

Strongly agree.

When you all say "do a Turbo Tax run" are you recommending that one should purchase the Turbo Tax software or is there a free service that would suffice? thanks.
by Ozonewanderer
Sat Aug 24, 2013 6:47 pm
Forum: Personal Consumer Issues
Topic: After retirement...Sphone? Tablet? Laptop? All?
Replies: 27
Views: 2041

Re: After retirement...Sphone? Tablet? Laptop? All?

Start with a Smartphone - one with a larger screen - and then see if you need anything else. My neighbor, who is an IT manager, said that after he got his smartphone he hardly uses his home computer at all. I have another retired friend who uses his smartphone as a hotspot for all of his internet co...
by Ozonewanderer
Wed Aug 14, 2013 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of dropping life insurance policy
Replies: 14
Views: 1126

Re: Thinking of dropping life insurance policy

Drop it if you don't need it. Consider it a landmark time in your life and celebrate your financial "success." As I look back on all the permanent life insurance policies I had, I realize now that term would have been the best so that I could do what you can do, just walk away from it. You...
by Ozonewanderer
Wed Aug 14, 2013 11:05 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau on the 4% Rule
Replies: 124
Views: 13474

Re: Dr. Wade Pfau on the 4% Rule

To add more confusion to the rule, here is another one from Blackrock, CORI: http://www.blackrock.com/cori-retirement-income-planning?cmp=cori&chn=PPC&c=Google&kw=cori&utm_source=Google&utm_medium=cpc&utm_term=cori&utm_campaign=Exact_CoRI_Brand ps. In my case it suggests ...
by Ozonewanderer
Thu Aug 01, 2013 4:27 pm
Forum: Investing - Theory, News & General
Topic: [Sad news - Pat Larimore]
Replies: 225
Views: 20214

Re: [Sad news - Pat Larimore]

Taylor,
I am so sorry.
by Ozonewanderer
Thu Jun 27, 2013 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: [Do I need] Umbrella Insurance
Replies: 41
Views: 4208

Re: [Do I need] Umbrella Insurance

I think umbrella insurance is extremely underrated. Its relatively cheap for what is provides (mover slips and falls in house-- you are better protected). The fact that umbrella insurance is so cheap, even for a million dollars in coverage, tells you that the probability of your ever needing is ext...
by Ozonewanderer
Thu Jun 27, 2013 11:01 am
Forum: Personal Consumer Issues
Topic: digital camera buying advice
Replies: 36
Views: 5163

Re: digital camera buying advice

For anyone still interested, here is the just announced 2nd generation SONY RX100 II:
http://reviews.cnet.com/digital-cameras ... 07990.html
by Ozonewanderer
Tue Jun 25, 2013 10:21 pm
Forum: Personal Consumer Issues
Topic: digital camera buying advice
Replies: 36
Views: 5163

Re: digital camera buying advice

Sony RX100. Link to NYTimes review . +1. I have one and it is an excellent camera. The only problem with it is that it has so any features and functions and is so small that it can be difficult to use. I have missed some good photos because I was fiddling with the camera settings. And if you don't ...
by Ozonewanderer
Tue Jun 25, 2013 9:38 pm
Forum: Personal Consumer Issues
Topic: tire 3mm tread depth replacement?
Replies: 35
Views: 7877

Re: tire 3mm tread depth replacement?

just came back from getting the oil changed on the family flex. love the car. dealer said tread depth on two tires is 3mm and he recommends replacement. they have about fifty thousand miles on them. I looked at them and the wear bars are still not level with the tread. i am inclined to replace them...
by Ozonewanderer
Sun Jun 16, 2013 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: advice re fixed income
Replies: 7
Views: 890

Re: advice re fixed income

Thanks to all for the responses. It's more clear now, thanks to the feedback. Funny how I need to be reminded of simple concepts that seem to elude me when a little bit of fear takes hold. I like to say that two of the biggest obstacles to investing are Fear and Greed. It's great to have this forum...
by Ozonewanderer
Fri Jun 14, 2013 8:52 am
Forum: Investing - Help with Personal Investments
Topic: advice re fixed income
Replies: 7
Views: 890

Re: advice re fixed income

Nasrudin, One of the reasons to diversify is to hold assets that do NOT behave the same at the same time. If Bonds and stocks rose and fell at the same time, why hold both? Having one go down while the other goes up is a good thing because it provides a more stable ride. I am considering moving some...
by Ozonewanderer
Fri Apr 19, 2013 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Safe Withdrawal Rate and Annuities
Replies: 10
Views: 991

Re: Safe Withdrawal Rate and Annuities

The “safe” withdrawal rate for retirement is usually calculated using simulations of historical data, a given time period (typically 30 years), asset allocation (probably 60/40), and past inflation to reveal where one’s investment portfolio has a low probability (say, 5%) of “failing”, i.e., running...

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