Search found 1233 matches

by Rainier
Sat Sep 17, 2016 5:08 am
Forum: Investing - Theory, News & General
Topic: Is Warren Buffett the ultimate free rider?
Replies: 23
Views: 3886

Re: Is Warren Buffett the ultimate free rider?

Shares were split long before 2010 when somebody attempted to form a sort of BRK mutual fund that would allow smaller investors to own a piece. I think that was 30 for 1. They split again in 2010 as part of the BNSF deal so he could pay with shares and not have so many fractional shares / cash outs....
by Rainier
Sun Sep 11, 2016 6:30 am
Forum: Personal Consumer Issues
Topic: Breaking the iPhone cycle - Any Macbook users with Android Phones?
Replies: 49
Views: 3602

Re: Breaking the iPhone cycle - Any Macbook users with Android Phones?

I'm breaking the cycle this year, but I am not going to Android. Google Fi and Nexus 5x were really tempting but I am going to stay with my iPhone 6 until the battery becomes unbearable then I will move the the 6s or if it lasts long enough the 7 (assuming the 7s is out). As of September 12th my fa...
by Rainier
Fri Sep 09, 2016 2:58 pm
Forum: Personal Consumer Issues
Topic: Breaking the iPhone cycle - Any Macbook users with Android Phones?
Replies: 49
Views: 3602

Re: Breaking the iPhone cycle - Any Macbook users with Android Phones?

I'm breaking the cycle this year, but I am not going to Android. Google Fi and Nexus 5x were really tempting but I am going to stay with my iPhone 6 until the battery becomes unbearable then I will move the the 6s or if it lasts long enough the 7 (assuming the 7s is out). As of September 12th my fam...
by Rainier
Fri Aug 26, 2016 3:15 pm
Forum: Investing - Theory, News & General
Topic: Schwab now offering low cost Target Date funds
Replies: 24
Views: 2299

Re: Schwab now offering low cost Target Date funds

Is the 13bps or 8bps on top of the ETF fees?
by Rainier
Fri Aug 26, 2016 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners should consider flood insurance
Replies: 78
Views: 6611

Re: Homeowners should consider flood insurance

I live on a hill in San Francisco. I don't worry about too much rain. I worry about getting enough rain! I thought the same thing, my house is nice and high. My house took on 31" of water last week, my elevation certificate says I am several feet over the 100 year flood plain. The water didn't...
by Rainier
Fri Aug 19, 2016 2:14 pm
Forum: Personal Consumer Issues
Topic: DIY Invisible Dog Fence
Replies: 11
Views: 706

Re: DIY Invisible Dog Fence

Thanks, I know the setup for the wired systems. It does seem easy to do. We did our driveway two years ago and I laid down some 1" conduit in anticipation of installing a fence so I don't need to cut the driveway. I actually just bought all the stuff to do my two wireless "rocks" to b...
by Rainier
Fri Aug 19, 2016 9:47 am
Forum: Personal Consumer Issues
Topic: DIY Invisible Dog Fence
Replies: 11
Views: 706

DIY Invisible Dog Fence

We have a fully fenced in yard...except for a 12' driveway opening. There is a gate across the opening but we would like to get to the point where we can let the dog out (to pee at night) without closing the gate every time. It is not a huge deal to close the gate, but it is our active driveway and ...
by Rainier
Fri Jul 22, 2016 5:39 am
Forum: Personal Consumer Issues
Topic: Cinque terre in September....
Replies: 18
Views: 1527

Re: Cinque terre in September....

I was there in mid September and the weather was great. Warm days, comfortable evenings.....Take me back.
by Rainier
Wed Jul 13, 2016 8:54 pm
Forum: Investing - Theory, News & General
Topic: What if the fed never raises rates?
Replies: 23
Views: 3303

Re: What if the fed never raises rates?

The fed doesn't have to raise rates!

The market could stop buying bonds and rates will rise.

Stop thinking the fed is in control, the market rules, not the fed.

Just remember the market can remain irrational longer than you can stay solvent.
by Rainier
Wed Jul 13, 2016 8:50 pm
Forum: Personal Consumer Issues
Topic: Car totaled, no collision insurance
Replies: 78
Views: 6642

Re: Car totaled, no collision insurance

"I figured if the insurance company was making money, I was better off insuring myself." Not to be too hard on you, BusySnevi, but I don't think understand this way of thinking. What does the insurance company making money have to do with anything? They spread their risk over lots of poli...
by Rainier
Fri Jul 08, 2016 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: FUSEX daily return 7/8
Replies: 5
Views: 315

Re: FUSEX daily return 7/8

Ex dividend date?
by Rainier
Fri Jul 08, 2016 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: How to give money to people and get a tax deduction?
Replies: 12
Views: 1275

Re: How to give money to people and get a tax deduction?

You can't give money to individuals and get a tax deduction....those are called gifts.

You can give to a charity that helps people and get a deduction.

How large is your estate? if over $10m then giving away tax free gifts is like getting a deduction as you avoid estate taxes when you die.
by Rainier
Fri Jul 08, 2016 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Selling municipal bonds before maturity
Replies: 21
Views: 1069

Re: Selling municipal bonds before maturity

I would hold them, the coupons are likely far above the market rate.

Very likely you will get a poor price if you sell them.
by Rainier
Fri Jul 08, 2016 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: International Stock has hurt me
Replies: 15
Views: 2536

Re: International Stock has hurt me

International is the only place to find any value these days. I'm buying more.
by Rainier
Mon Jul 04, 2016 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Reducing cash reserves and restructuring emergency funds
Replies: 10
Views: 1543

Re: Reducing cash reserves and restructuring emergency funds

You could go from 1 bps to 100 bps just by moving the cash from checking/vg money market to a high yield savings account.

At the very least, why not do that?
by Rainier
Mon Jul 04, 2016 6:31 am
Forum: Personal Finance (Not Investing)
Topic: TDBank promo just started easy $600
Replies: 98
Views: 12673

Re: TDBank promo just started easy $600

My wife and I had an account there many years ago under joint name. I wonder if we can do this individually.
by Rainier
Mon Jul 04, 2016 6:29 am
Forum: Personal Consumer Issues
Topic: Anyone fly drones?
Replies: 10
Views: 1150

Re: Anyone fly drones?

I have a Yuneec Q500+. I bought a couple cheaper ones first to learn how to fly (a $35 one and a $95 one). The Yuneec is obviously much easier to fly being gps controlled and gyroscopically stabilized. The cheaper ones don't need to be registered as they are well under the FAA weight limit (obviousl...
by Rainier
Thu Jun 30, 2016 7:00 pm
Forum: Investing - Theory, News & General
Topic: Equities = musical chairs?
Replies: 93
Views: 4114

Re: Equities = musical chairs?

It is not pessimism, sounds more like ignorance, particularly in math and business. A total misunderstanding of what stocks actually are.

If the market presented an opportunity to buy all of Apple's stock for $1,000 wouldn't that be a good deal?
by Rainier
Thu Jun 30, 2016 6:44 pm
Forum: Personal Consumer Issues
Topic: Favorite ski resort
Replies: 61
Views: 3390

Re: Favorite ski resort

Nonstop flight to SLC. Airport rarely has winter weather issues. 35 minute drive to Park City. No altitude issues, easy for everyone and consistently good snow.
by Rainier
Wed Jun 29, 2016 8:21 pm
Forum: Personal Consumer Issues
Topic: Favorite ski resort
Replies: 61
Views: 3390

Re: Favorite ski resort

Where is the OP? honestly, this is a loaded question,like what is the best beer. Bridget Bowl? Hardly a resort, great skiing,but not a resort. Poconos? Comparing skiing in the west to the poconos is criminal. Keystone? Really? It's like Vermont skiing in CO What are you looking for? Deep snow? Chall...
by Rainier
Fri Jun 24, 2016 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Credit card transaction treated as a cash advance
Replies: 20
Views: 1406

Re: Credit card transaction treated as a cash advance

So some people pay this in person and others pay through their airline ticket? How does the passport control agent know?
by Rainier
Fri Jun 24, 2016 4:59 am
Forum: Personal Finance (Not Investing)
Topic: Credit card transaction treated as a cash advance
Replies: 20
Views: 1406

Re: Credit card transaction treated as a cash advance

Like you, I am astonished this would be a cash advance, and I would also be upset. Under what possible logic would this be a cash advance? Cash advances are for charging cash equivalents like money orders. I don't get this at all. Try complaining to your state attorney general's office of consumer ...
by Rainier
Fri Jun 24, 2016 4:45 am
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 118
Views: 10760

Re: International stocks in free fall

munemaker wrote:Ignore the noise.


Are you suggesting that buying at inflated prices is better?

Do you insist on paying full price for goods or do you prefer sales?
by Rainier
Fri Jun 24, 2016 4:43 am
Forum: Investing - Theory, News & General
Topic: don't deal in GBP pound sterling today (June 23 2016)
Replies: 46
Views: 3963

Re: don't deal in GBP pound sterling today (June 23 2016)

Valuethinker, I frequently hear that trade will be disrupted as a result of Brexit. Is there any reason the UK can't continue to trade with the rest of the EU and others, even in the absence of formal trade agreements? Can't they just trade? The EU required free migration. What restrictions are the...
by Rainier
Fri Jun 24, 2016 4:36 am
Forum: Personal Finance (Not Investing)
Topic: Credit card transaction treated as a cash advance
Replies: 20
Views: 1406

Re: Credit card transaction treated as a cash advance

You are going to give up credit cards for maybe $12 in fees and interest because you didn't read about the departure tax? First, has nothing to do with your particular card. Second, go complain to the Costan Rican government for your $12 back, report back on how that goes please. Third, next time yo...
by Rainier
Fri Jun 24, 2016 4:27 am
Forum: Investing - Theory, News & General
Topic: don't deal in GBP pound sterling today (June 23 2016)
Replies: 46
Views: 3963

Re: don't deal in GBP pound sterling today (June 23 2016)

Great day to be on vacation in London for an American.

Horrible day to be on vacation in New York for a Briton.
by Rainier
Fri Jun 24, 2016 4:04 am
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 118
Views: 10760

Re: International stocks in free fall

denovo wrote:Stocks are on sale!


Today maybe, but for the week most are flat
by Rainier
Sun May 15, 2016 5:47 pm
Forum: Investing - Theory, News & General
Topic: "Can Anything Stop Vanguard?"
Replies: 50
Views: 7941

Re: "Can Anything Stop Vanguard?"

Nothing can stop vanguard!

The Titanic is unsinkable!

Housing never goes down!
by Rainier
Sun May 15, 2016 5:38 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 65
Views: 10643

Re: I Bond rates for May 1 announced

Mel Lindauer said: Many folks also worry about how their heirs will be able to deal with TD. Why is that people worry about how heirs will be able to deal with TD? What's the issue? Many investors have spouses and offspring who are not into investing; consequently, they would not be familiar with t...
by Rainier
Thu May 12, 2016 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Should I hold on to my Apple stock?
Replies: 76
Views: 8528

Re: Should I hold on to my Apple stock?

How soon until Google becomes the largest portion of VTI?
by Rainier
Thu May 12, 2016 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: selling classic car - tax?
Replies: 44
Views: 3053

Re: selling classic car - tax?

I seriously doubt your sale will exceed the cost of storing and improving this investment.

The purchaser will not be sending you a1099-b
by Rainier
Mon May 09, 2016 11:49 am
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 41
Views: 3943

Re: 4 Days in Iceland - May 2016

Would I get any deals by bringing USD and using to pay at small B&Bs or farm-stays? Wouldn't they rather have USD in cash versus ISK in their bank accounts? Even if they did, would the discount be big enough to matter? Risks on my end are low, other than physically losing it. If they don't take ...
by Rainier
Sun May 08, 2016 6:32 pm
Forum: Personal Consumer Issues
Topic: Email Hacked
Replies: 38
Views: 3919

Re: Email Hacked

Honestly this isn't a hack. The password was likely just given to the scammers.
by Rainier
Sun May 08, 2016 6:30 pm
Forum: Personal Consumer Issues
Topic: Email Hacked
Replies: 38
Views: 3919

Re: Email Hacked

Likely a phishing scam. Probably spoofing the email now. Looks like your address but the return address is actually different. Our client got hacked and the hacker (her) asked to send her friend a wire. She was traveling, someone died, etc etc. we didn't fall for it. She changed her password but a f...
by Rainier
Sat May 07, 2016 4:45 am
Forum: Personal Finance (Not Investing)
Topic: Subscription increase thwarted; resistance is not futile
Replies: 10
Views: 1373

Re: Subscription increase thwarted; resistance is not futile

80 years ago there must have been at least 10 ice delivery companies in my small town. Now, none.

Our free paper tried charging, epic fail. It is now showing up in our mailbox again. Newspaper were really meant to be free, you are basically just paying for delivery.
by Rainier
Fri May 06, 2016 1:51 pm
Forum: Personal Consumer Issues
Topic: how much cash do you carry in your wallet?
Replies: 152
Views: 15160

Re: how much cash do you carry in your wallet?

I stopped carrying a wallet. I carry only a drivers license and a credit card around nowadays. How long can you go without spending any cash? For me, practically indefinitely. Average cash balance in my wallet is just about $0. Going to Iceland in a few weeks with the intention of not taking out an...
by Rainier
Tue May 03, 2016 7:54 pm
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 41
Views: 3943

Re: 4 Days in Iceland - May 2016

Thanks all, not going for a couple weeks but I will give a trip report.

I'm gonna risk it on the cash,might bring some euro coins I have.
by Rainier
Tue May 03, 2016 6:30 am
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 65
Views: 10643

Re: I Bond rates for May 1 announced

Why is the Treasury keeping the fixed rate so low? It seems if they want people to save money in these bonds, they would make the return more attractive. Who wants to buy I bonds at these rates? Doesn't the treasury want to sell these? I will keep track of savings bonds sales this year and see if t...
by Rainier
Sun May 01, 2016 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: No tax advantaged accounts - all muni bonds?
Replies: 12
Views: 1329

Re: No tax advantaged accounts - all muni bonds?

I'd diversify. CDs and treasuries.

Timely post. Hope she doesn't own PR munis still.
by Rainier
Sun May 01, 2016 5:29 pm
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 41
Views: 3943

Re: 4 Days in Iceland - May 2016

Thanks. My wife still thinks we are going to Florida. When it comes time to pack I'll tell her we are going to a ranch high in Colorado. Figured similar weather for the end of May.
by Rainier
Sun May 01, 2016 4:51 pm
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 41
Views: 3943

Re: 4 Days in Iceland - May 2016

D day is approaching.

Just to confirm, should I even bother taking out cash at an ATM? I'd rather not.

Also, do you tip in Iceland?
by Rainier
Sun May 01, 2016 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is It Time to Ditch Ibonds?
Replies: 10
Views: 2066

Re: Is It Time to Ditch Ibonds?

Looks like I can drag out the I bonds for several more months and just use the $15k in my savings account earning 85bps. This is escrow money, vacation funds, new car, etc that can live in i bonds until needed.
by Rainier
Sun May 01, 2016 3:52 pm
Forum: Personal Consumer Issues
Topic: Siesta Key later this month -recommendations
Replies: 16
Views: 1671

Re: Siesta Key later this month -recommendations

Lots of good happy hours and lots of good bar food. Some better than others. I like the food for vacations but after a week the island food would be a bit much.
by Rainier
Sun May 01, 2016 2:44 pm
Forum: Investing - Theory, News & General
Topic: Shareholders want their (voting) rights back
Replies: 16
Views: 1541

Re: Shareholders want their (voting) rights back

By buying the total market you are buying Facebook and you have no control over the company since you don't have voting rights. In that particular case, you don't get them. You might still want them, and want your index fund manager to campaign for greater shareholder control when possible, and the...
by Rainier
Sun May 01, 2016 2:35 pm
Forum: Investing - Theory, News & General
Topic: dividend stocks
Replies: 175
Views: 10980

Re: dividend stocks

I'm still waiting to hear why Warren Buffett only makes passive investments in companies that pay dividends.
by Rainier
Sun May 01, 2016 2:34 pm
Forum: Investing - Theory, News & General
Topic: Shareholders want their (voting) rights back
Replies: 16
Views: 1541

Re: Shareholders want their (voting) rights back

The irony here is overwhelming. As Bogleheads you don't care. You buy all stocks. The good with the bad. I want to own stocks in companies that are well managed and have good governance. It's good for me as a shareholder, no matter how small a percentage each company is in my portfolio. You are mis...
by Rainier
Sun May 01, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Is It Time to Ditch Ibonds?
Replies: 10
Views: 2066

Re: Is It Time to Ditch Ibonds?

http://budgeting.thenest.com/effect-deflation-debt-30505.html Even if the interest rate on your debt goes down, the effective cost of the debt goes up. Since the dollar buys more in deflationary times but your debt payment stays the same, you're actually paying more. For example, imagine a $1,000 m...
by Rainier
Sat Apr 30, 2016 7:58 pm
Forum: Investing - Theory, News & General
Topic: Shareholders want their (voting) rights back
Replies: 16
Views: 1541

Re: Shareholders want their (voting) rights back

The irony here is overwhelming.

As Bogleheads you don't care. You buy all stocks. The good with the bad.
by Rainier
Sat Apr 30, 2016 7:47 pm
Forum: Personal Consumer Issues
Topic: Roof replacement and insurance coverage for hail damage
Replies: 30
Views: 1879

Re: Roof replacement and insurance coverage for hail damage

That's the issue. Your insurance company will pay, but they know it is a scam.

Hail has to be in excess of golf ball size before it can do damage. That is incredibly rare in MA.
by Rainier
Sat Apr 30, 2016 5:02 pm
Forum: Investing - Theory, News & General
Topic: Sound advice from Warren Buffett
Replies: 16
Views: 3279

Re: Sound advice from Warren Buffett

Get rid of the "helpers"

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