Search found 5350 matches

by Pajamas
Fri Jun 22, 2018 11:20 am
Forum: Personal Consumer Issues
Topic: Dual king mattress
Replies: 5
Views: 481

Re: Dual king mattress

Yes. Get your snoring evaluated by a sleep clinic rather than assuming that the ability to raise the head of the mattress will help you. Split kings are great for people who have trouble sharing a bed due to restlessness or a large difference in size or whatever or for people who have different slee...
by Pajamas
Fri Jun 22, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: What do we mean when we say "HCOL vs LCOL" location?
Replies: 34
Views: 2037

Re: What do we mean when we say "HCOL vs LCOL" location?

I don't think it is always helpful to think in broad terms such as LCOL and HCOL. I see it most often used as an indicator of taxes and housing costs. Average household income in NYC is lower than for the country as a whole, yet it is considered a high cost of living area. It's important to consider...
by Pajamas
Fri Jun 22, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Trustee for mom's estate: large reserve recommended
Replies: 21
Views: 1443

Re: Trustee for mom's estate: large reserve recommended

It's certainly a situation in which someone could say, "No, you made the mistake, you will have to pay it out of your share. I didn't have any input on how to manage the estate and I already spent all of the money that I received." Of course, they could be sued by the executor. Gill Yes, and those ...
by Pajamas
Fri Jun 22, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: How to get cheap flights?
Replies: 18
Views: 864

Re: How to get cheap flights?

For prime destinations during peak travel periods such as holidays, it's hard to find good deals. Since you don't have flexibility with dates, maybe you have flexibility with airports. Renting cars is generally relatively inexpensive in Florida but probably not inexpensive enough to make the savings...
by Pajamas
Fri Jun 22, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Trustee for mom's estate: large reserve recommended
Replies: 21
Views: 1443

Re: Trustee for mom's estate: large reserve recommended

I have a relative who distributed too much. Found out that taxes and final bills were more than what was left. Had to make up the difference out of pocket. Relative was lucky that all the people who had received more than the should have eventually returned the excess. Could have been ugly otherwis...
by Pajamas
Thu Jun 21, 2018 11:20 pm
Forum: Personal Consumer Issues
Topic: Jewelry Insurance Coverage
Replies: 4
Views: 517

Re: Jewelry Insurance Coverage

Would you actually replace the jewelry if it were lost or stolen or whatever? If not, don't pay to insure it.
by Pajamas
Thu Jun 21, 2018 11:13 pm
Forum: Personal Consumer Issues
Topic: Am I wasting money on my old car?
Replies: 26
Views: 1786

Re: Am I wasting money on my old car?

I'm a bit cynical of the "newer cars are safer" line. Surely how you drive it is going to be the most important factor for safety. Driving at 60m/h is going to be safer that 70m/h. A problem you have no control over is how OTHER people drive. Newer cars are definitely safer. Airbags are a real life...
by Pajamas
Thu Jun 21, 2018 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: I think I am going to put down 35-40% on a house
Replies: 12
Views: 1347

Re: I think I am going to put down 35-40% on a house

I would also favor a smaller down payment and a shorter term for the mortgage. Hold some back for unexpected expenses instead of plunking it all down immediately. It would be a good idea to have a larger emergency fund if you are buying a bigger place and having children. You will certainly have inc...
by Pajamas
Thu Jun 21, 2018 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: where to invest $150k while you are learning about investment
Replies: 4
Views: 441

Re: where to invest $150k while you are learning about investment

If you really mean invest it, just do the 3-fund portfolio recommended by Taylor Larimore: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 You could learn the essentials and determine an allocation in a few hours. https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investing_start-up_kit Be...
by Pajamas
Thu Jun 21, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 63
Views: 5608

Re: Do you invest in Real Estate ? Why ?

The illiquidity is a beneficial feature of real estate. Its forces one to not make any impulsive and rash decisions, and to invest for the long term. People want to run real estate business because a bank will lend you 70-90% of the capital for the business, AND your tenants pay back the loan, not ...
by Pajamas
Thu Jun 21, 2018 10:41 pm
Forum: Personal Consumer Issues
Topic: Am I wasting money on my old car?
Replies: 26
Views: 1786

Re: Am I wasting money on my old car?

Eh, that's right at the amount where you start to wonder about putting it into an older car. I would be very hesitant to do so on one that is 22 years old even though that is a pretty reliable car. (I had a Corolla many years ago that had already been driven into the dirt when I got it and I drove i...
by Pajamas
Thu Jun 21, 2018 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Trustee for mom's estate: large reserve recommended
Replies: 21
Views: 1443

Re: Trustee for mom's estate: large reserve recommended

Those sound like legitimate concerns to me. If I trusted the accountant enough to hire her in the first place, I would trust her on this.
by Pajamas
Thu Jun 21, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: "distilled" water for wife's CPAP machine
Replies: 55
Views: 3530

Re: "distilled" water for wife's CPAP machine

Take care of the pence and the pounds will take care of themselves. Ah, but that's only one member of the pair of contradictory proverbs. The other is "penny wise and pound foolish." I agree that the solution he proposed is not a wise one--you can see above that I responded that way immediately. Ho...
by Pajamas
Thu Jun 21, 2018 7:43 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 63
Views: 5608

Re: Do you invest in Real Estate ? Why ?

No, don't want to mess with the expense, trouble, illiquidity, and risk of owning and running a business and so I much prefer investing in equities over real estate. It's not clear to me why so many people want to run a real estate business but don't want to run other types of businesses. In general...
by Pajamas
Thu Jun 21, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: Real Estate vs. Equity - Market Cap Weighted
Replies: 5
Views: 460

Re: Real Estate vs. Equity - Market Cap Weighted

Did you scroll down past real estate to the value of derivatives? That's the big gorilla. Do you also want to hold those in a market cap weight? That chart shows different things but makes them seem equivalent. It's very deceptive. The stock market section shows the value of the world's stock market...
by Pajamas
Thu Jun 21, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Heat strips in heat pump miswired and on all the time - how much extra electricity cost?
Replies: 14
Views: 968

Re: Heat strips in heat pump miswired and on all the time - how much extra electricity cost?

To add to what neilpilot said, the A/C would almost certainly not be sized correctly to handle that increased (double or triple or ???) load and that would affect the A/C efficiency so it probably would not be simply a matter of additional running time. I would want whoever was responsible to reimb...
by Pajamas
Thu Jun 21, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: 3 nights in Vegas
Replies: 39
Views: 1988

Re: 3 nights in Vegas

gold99xx wrote:
Thu Jun 21, 2018 4:14 pm
WHY ??
BECAUSE !!

(Sorry, couldn't resist. :beer )
by Pajamas
Thu Jun 21, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement myth
Replies: 14
Views: 1379

Re: Early retirement myth

It's a bubble, just like the bubble of travel bloggers who earned their living by blogging. Only a limited number of people can do that successfully but they will inspire many others to try it. Same for playing games on Twitch, being a YouTube celebrity, etc.
by Pajamas
Thu Jun 21, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: 4K Computer Monitors: 27 vs 32 inches?
Replies: 27
Views: 1820

Re: 4K Computer Monitors: 27 vs 32 inches?

Can't address the Quicken issue specifically but: Generally, get the best overall quality monitor you can afford for use as your primary monitor. A 27 or 32 inch monitor will probably be fine, either one. The 32 inch has significantly more area but resolution also affects the way things display. If ...
by Pajamas
Thu Jun 21, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: Heat strips in heat pump miswired and on all the time - how much extra electricity cost?
Replies: 14
Views: 968

Re: Heat strips in heat pump miswired and on all the time - how much extra electricity cost?

To add to what neilpilot said, the A/C would almost certainly not be sized correctly to handle that increased (double or triple or ???) load and that would affect the A/C efficiency so it probably would not be simply a matter of additional running time. I would want whoever was responsible to reimbu...
by Pajamas
Thu Jun 21, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Ex-dividend days: Is there typically anything out of the ordinary?
Replies: 34
Views: 2578

Re: Ex-dividend days: Is there typically anything out of the ordinary?

Because I can't get my head around what you seem to be saying "there is someone out there who sets prices, so they can adjust for dividends". I didn't say they "can" adjust them, I said they "are" adjusted. I don't know anything about the actual process or the software that undoubtedly does it thes...
by Pajamas
Thu Jun 21, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Help me with this calculation? Pay off student loans or wait for PSLF? Plus any general finance advice is welcome!
Replies: 7
Views: 525

Re: Help me with this calculation? Pay off student loans or wait for PSLF? Plus any general finance advice is welcome!

It's hard to say just knowing that "very little" will be forgiven. Assuming it is truly very little then you are right, the debt with 6.55% interest is probably not worth carrying for five years just to get the remaining balance of a fraction of the interest you will have paid forgiven, but the debt...
by Pajamas
Thu Jun 21, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Bar Mitzvah Money Investing Ideas
Replies: 21
Views: 1589

Re: Bar Mitzvah Money Investing Ideas

Invest for what goal or purpose? Paying for college in 2 to 3 years, buying a house in 8 to 12 years, or retirement in 40 to 55 years?
by Pajamas
Wed Jun 20, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 47
Views: 5025

Re: General Electric booted from Dow Jones Industrial Average

I had to laugh at the title of this article:

GE’s Just Another Word for Nothing Left to Lose

https://www.bloomberg.com/view/articles ... er-off-now
by Pajamas
Wed Jun 20, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Ex-dividend days: Is there typically anything out of the ordinary?
Replies: 34
Views: 2578

Re: Ex-dividend days: Is there typically anything out of the ordinary?

So, the market maker *should* change the price to (closing price day N-1) - (dividend per share). But do they really? Because they don't *have* to. What makes you think that they don't have to adjust the opening quoted price for dividends? Stocks often open lower or higher than the previous day's c...
by Pajamas
Wed Jun 20, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: "distilled" water for wife's CPAP machine
Replies: 55
Views: 3530

Re: "distilled" water for wife's CPAP machine

I am honestly dumbfounded that someone would ask this about something that costs a few pennies a day. You and me, both. I don't even know how the cost of distilled water for a CPAP machine would even hit the radar for a cost savings mechansim and enough so to post on a financial/investing forum. Ta...
by Pajamas
Wed Jun 20, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7489

Re: Which Supermarket are you?

not quite. There's an Aldi North and Aldi South. Sons of the founder apparently couldn't stand each other and split the family company. One brother's company runs the Aldi in the U.S., and the other runs the other Aldi, which does not directly operate in the U.S. but does wholly own Trader Joe's. I...
by Pajamas
Wed Jun 20, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: The Current Market
Replies: 22
Views: 1681

Re: The Current Market

The last time it did something similar was in the second half of 2015.
by Pajamas
Wed Jun 20, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: Ex-dividend days: Is there typically anything out of the ordinary?
Replies: 34
Views: 2578

Re: Ex-dividend days: Is there typically anything out of the ordinary?

That really doesn't answer my question, and, while having dividend-adjusted prices is nice, doesn't get to the heart of the matter on how the bid/ask prices change from 1600EST ex-dividend day to 0900EST the next day. There are statistics to be had to see if the price people actually buy things for...
by Pajamas
Wed Jun 20, 2018 9:24 am
Forum: Investing - Theory, News & General
Topic: Ex-dividend days: Is there typically anything out of the ordinary?
Replies: 34
Views: 2578

Re: Ex-dividend days: Is there typically anything out of the ordinary?

Since nobody sets prices for any stock, and a lot of folks out there don't even know it's ex-dividend day, how, exactly, does the price suddenly change? Yes, someone does set prices for stocks, or at least quotes the prices, and manages historical price data. The prices quoted are adjusted. https:/...
by Pajamas
Wed Jun 20, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 2761

Re: Is technology the reason for low inflation?

Monetary factors are important, too.

Here's a recent thread on the topic including discussion on a recent article on the topic:

viewtopic.php?t=251578
by Pajamas
Wed Jun 20, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: I don't trust my own estimate of expenses
Replies: 29
Views: 2211

Re: I don't trust my own estimate of expenses

I spend very little cash and have only a few charges through my checking account so I simply review the annual credit card statements and then checking statements and then add cash withdrawals. I don't think it is necessary to be too granular when estimating annual expenses for retirement planning s...
by Pajamas
Wed Jun 20, 2018 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 84
Views: 10258

Re: Retire at 50: Should I?

I don't think you understand how the statistics work. Those are median life spans - meaning 50% of the people will live longer - sometimes a LOT longer. It would be irresponsible to assume a 33 year lifespan for some retiring at 50. Thirty years is pretty typical for someone retiring at 65. You hav...
by Pajamas
Wed Jun 20, 2018 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Temporary Residency Tax Deduction for Surgical Fellowship
Replies: 5
Views: 271

Re: Temporary Residency Tax Deduction for Surgical Fellowship

pshonore wrote:
Wed Jun 20, 2018 7:57 am
2018 tax reform eliminated the deduction for unreimbursed employee business expenses if you're paid on a W2.
That's my understanding, too:

https://www.google.com/search?q=2018+un ... e+expenses
by Pajamas
Wed Jun 20, 2018 8:10 am
Forum: Forum Issues and Administration
Topic: Is there a way to block someone?
Replies: 22
Views: 2831

Re: Is there a way to block someone?

With VNQ you don't get to take advantage of the five ways real estate pays you! :oops:
by Pajamas
Tue Jun 19, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 57
Views: 7363

Re: I feel like selling my 3 fund

40k in VBLTX 20k in VTIAX 170k in VTSAX 30k in handpicked stocks 100k in 5yr CD 2.2% 50k in 1yr CD 2% 200k in Savings 1.65% Seems like you are a very conservative investor to have such a small portion of your portfolio in equities. Perhaps you should start from scratch and come up with an investmen...
by Pajamas
Tue Jun 19, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Shorting Amazon
Replies: 44
Views: 4038

Re: Shorting Amazon

. . . but I'm so far removed from socializing that only the biggest news reaches my ears. I'm not even sure if Ivanka or Melanie is the First Lady. If you are so out of touch with current events and what is happening in the world, then it doesn't make much sense to take action on a complex issue su...
by Pajamas
Tue Jun 19, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on job change consideration
Replies: 15
Views: 1354

Re: Advice on job change consideration

So you would make the same at the new job now as if you got promoted in a couple of years at your current job? That and the other factors you discuss all seem to favor the new job with the exception of the quality of the coworkers which is hearsay and probably not as dramatic as you might imagine ev...
by Pajamas
Tue Jun 19, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 126
Views: 6955

Re: gray hair

Seem pretty normal for a mid-40s man to get gray hair but I suppose that if your wife is encouraging you to do it then it is worth considering.

If you decide to do it, have it done professionally and maintain it and repeat it as they recommend so it doesn't look like you're wearing a toupée.
by Pajamas
Tue Jun 19, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Shorting Amazon
Replies: 44
Views: 4038

Re: Shorting Amazon

Surely I'm not the only one that refuses to use Amazon unless absolutely necessary because of the way they treat their employees, though. The CEO has $100 billion but the warehouse workers (reportedly) pee in bottles? I can't fault people for saving money, but I'll stick with paying an extra dollar...
by Pajamas
Tue Jun 19, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: Marriott hotels using Alexa/Echo in guest rooms?
Replies: 34
Views: 2853

Re: Marriott hotels using Alexa/Echo in guest rooms?

The Alexa and Echo and similar devices that "listen" are similar to motion detectors that "watch" for infrared electromagnetic radiation or for a disruption of a pattern of ultrasonic sound waves in order to trigger an active function such as turning on a light or camera or faucet or flushing a toil...
by Pajamas
Tue Jun 19, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: 0% credit card interest for lawnmower
Replies: 15
Views: 756

Re: 0% credit card interest for lawnmower

Nothing really wrong with doing that but be careful that you don't violate the terms of the offer that qualify you for the 0% interest and end up having to pay large amounts of interest, instead.
by Pajamas
Tue Jun 19, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Take a job with a company being acquired?
Replies: 16
Views: 1419

Re: Take a job with a company being acquired?

The entire industry I work in is undergoing pretty rapid change, quite a bit of which is due to mergers and acquisitions. Frankly I don't expect much more than about two years' worth of "stability" no matter what I do, which includes staying where I'm at and doing nothing. That puts a slightly diff...
by Pajamas
Tue Jun 19, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Carpet Installers- Tipping?
Replies: 22
Views: 1434

Re: Carpet Installers- Tipping?

I was going to say that this sort of tipping has gotten out of hand but then I realize that I do it myself. :oops: It's usually just one person and $20 "for lunch". However, I have never tipped utility company employees who install cable or television and certainly not the mailman. It's only people ...
by Pajamas
Tue Jun 19, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Investing With Healthcare $$ Concerns
Replies: 10
Views: 775

Re: Retirement Investing With Healthcare $$ Concerns

I don't agree with the reasoning of the financial advisor at the credit union but I do agree that you are not in a position to take on a great deal of risk, given only the information you provided. Health care coverage for both you and your wife is a primary concern. I agree that you should look at ...
by Pajamas
Tue Jun 19, 2018 2:25 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4150

Re: Do you think it is smart to disclose that you have passive investments to other people?

pax4235 wrote:
Tue Jun 19, 2018 1:22 am
Other than for real estate agents (especially those who help investors) right?
No, it's still just obnoxious and irrelevant.
by Pajamas
Tue Jun 19, 2018 1:00 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 84
Views: 10258

Re: Retire at 50: Should I?

[*]I have a spending budget after income tax of $90,000/year or 2.9% Yes, you should be fine spending under 3% of $3 million. Even if your investments only kept up with inflation over the long run, that would last for 33 years or until you are 83 and your wife is 87. That is more than your expected...
by Pajamas
Tue Jun 19, 2018 12:57 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a 26 year old?
Replies: 15
Views: 1270

Re: Asset Allocation for a 26 year old?

Hi Bogleheads, I'm looking for input on our investment asset allocation. My wife and I are 26. She's an elementary school teacher making 40k/year, and I'm in my 3rd year of medical school. We'll finish med school with about 140k in the hole and I'm going into ophthalmology, which has a current medi...
by Pajamas
Tue Jun 19, 2018 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Shorting Amazon
Replies: 44
Views: 4038

Re: Shorting Amazon

I am getting the itch to short Amazon. I have been watching it for a while and now that it has crossed 1700, I don't really see much upside in that stock. Don't get me wrong - they have done well and are a highly inventive company. However, their valuation and future growth required to be anywhere ...
by Pajamas
Tue Jun 19, 2018 12:39 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4150

Re: Do you think it is smart to disclose that you have passive investments to other people?

What about honesty and transparency? Wouldn't they wonder why you aren't as available? Saying nothing or that you "are busy" would make them have a negative view of you anyways. Mentioning that you are taking some time to maintain your passive investments would hit 5+ birds with one stone in my opi...