Search found 1122 matches

by Rainier
Sun Jan 10, 2016 4:31 pm
Forum: Investing - Theory, News & General
Topic: Puerto Rico default -- next steps for bondholders?
Replies: 2
Views: 555

Re: Puerto Rico default -- next steps for bondholders?

Hold tight. Your thoughts are correct. US courts will uphold the contracts that guaranteed these bonds. Hedge funds buy these distressed bonds on the cheap then go to court to enforce the law. Hold on to them and you will be repaid according to the original contract. The only thing that could put a ...
by Rainier
Sun Jan 10, 2016 3:31 pm
Forum: Personal Consumer Issues
Topic: Optimal iPhone International Roaming
Replies: 6
Views: 716

Re: Optimal iPhone International Roaming

I frequently travel to Norway and Scotland. With T-Mobile the secrets are simple; 1. Basic data is free (I believe 128kbps). Here is a good list http://www.t-mobile.com/optional-services/roaming.html Gives you great on the go data access to ensure you can take care of Facebook, Whatsapp, email (wor...
by Rainier
Sun Jan 10, 2016 3:28 pm
Forum: Personal Consumer Issues
Topic: Why plane fares so expensive???
Replies: 53
Views: 5019

Re: Why plane fares so expensive???

I travel from DC to South Bend in March and October. I paid $310 back in October with United. Now prices are over $500. With gas prices low, I expected lower prices. An option has been to fly to Midway and rent a car. Southwest used to have three direct flights a day and now need to go through Atla...
by Rainier
Sun Jan 10, 2016 3:08 pm
Forum: Personal Consumer Issues
Topic: Quickbooks Desktop or Quickbooks Online: Which is better?
Replies: 7
Views: 409

Re: Quickbooks Desktop or Quickbooks Online: Which is better?

In theory, they are the same.

Cost is the biggest factor. If you only have one entity they may be pretty close but more than one company and the online version is very expensive.
by Rainier
Sun Jan 10, 2016 2:56 pm
Forum: Personal Consumer Issues
Topic: Optimal iPhone International Roaming
Replies: 6
Views: 716

Optimal iPhone International Roaming

I wanted to complete a comprehensive guide to roaming internationally with your iPhone while optimizing the settings to reduce costs. This isn’t for people who have an unlocked phone and can simply insert a local SIM card or for those interested in buying/renting a cheap phone locally. Those are via...
by Rainier
Sun Jan 10, 2016 1:30 pm
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 28
Views: 1857

Re: 4 Days in Iceland - May 2016

I booked a room at the Ion for the last night. It is rural, but close enough to the airport for our last day. We can either hit the Blue Lagoon or go to Reykjavik for the last day...or just hang out at the hotel until checkout. Middle two nights will be open and we will try to stay on a farm or B&am...
by Rainier
Sat Jan 09, 2016 9:28 pm
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 28
Views: 1857

Re: 4 Days in Iceland - May 2016

The last night I would like to spend up and possibly have set in advance. I want this to the nicest place we stay with only minimal driving the next day to get to the Blue Lagoon and airport, no more than a couple hours at the most. And I don't want to stay in a city. Reykjavik is less than 1 hour ...
by Rainier
Sat Jan 09, 2016 7:21 am
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 28
Views: 1857

Re: 4 Days in Iceland - May 2016

Thanks all, really great advice and detailed plans. You have really captured exactly what I wanted to accomplish on the trip. Next question....Should I book hotels or wing it? The first night is booked as we arrive late and I don't want any hassles, just want to get a good sleep before the trip real...
by Rainier
Fri Jan 08, 2016 2:06 pm
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 28
Views: 1857

Re: 4 Days in Iceland - May 2016

I think I want to stay along the south coast (maybe as far inland as Gulfoss) and as far east as Jolkulsarlon. Although, in terms of waterfalls I am more interested in Skogafoss than Gulfoss. That's exactly what I'm suggesting in my itinerary. I know, thank you and your suggestions are appreciated....
by Rainier
Fri Jan 08, 2016 1:51 pm
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 28
Views: 1857

Re: 4 Days in Iceland - May 2016

I think I want to stay along the south coast (maybe as far inland as Gulfoss) and as far east as Jolkulsarlon.

Although, in terms of waterfalls I am more interested in Skogafoss than Gulfoss.
by Rainier
Fri Jan 08, 2016 11:38 am
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 28
Views: 1857

Re: 4 Days in Iceland - May 2016

Thanks for the thoughts about Reykjavik, I don't care if I see it. Thinking about setting up a base out east toward the major sights for three nights. Is Selfoss far enough? Guest houses appear to be a good deal. Also, will I pay for the hotels in Euros or ISK? My first night hotel was quoted in Eur...
by Rainier
Fri Jan 08, 2016 9:25 am
Forum: Personal Consumer Issues
Topic: 4 Days in Iceland - May 2016
Replies: 28
Views: 1857

4 Days in Iceland - May 2016

I just booked a flight to Iceland for my wife and I. We arrive at 11pm on May 19th (Thursday) and are leaving at 5pm on May 23rd (Monday). So four night and basically four days. Also, the flight is booked so don't bother telling me it is a bad time of year or its not long enough, etc. I booked a hot...
by Rainier
Sat Dec 26, 2015 5:38 am
Forum: Personal Consumer Issues
Topic: Parking at JFK Airport
Replies: 11
Views: 1157

Re: Parking at JFK Airport

Your plan sounds good.

JFK long term parking is at least $24 a day and requires a 20 minute free tram ride to your terminal. It is not that fun at 6am!
by Rainier
Tue Dec 15, 2015 8:38 pm
Forum: Personal Consumer Issues
Topic: Anyone using Plastc or Coin?
Replies: 8
Views: 775

Re: Anyone using Plastc or Coin?

I thought these were DOA. Are they still preordering? If so that has been over two years now.
by Rainier
Fri Dec 11, 2015 4:11 pm
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 8050

Re: [Third Avenue liquidates its high-yield bond fund]

Make no mistake, this could happen to any mutual fund. I'm not saying it is likely, but it could happen.

They are paying out 60 cents next week to shareholders on a NAV of about $6.50. The rest goes into the Trust to be liquidated in an efficient manner.
by Rainier
Fri Dec 11, 2015 11:27 am
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 8050

Re: [Third Avenue liquidates its high-yield bond fund]

What would have happened had the fund been run as a CEF instead? I assume those who wanted out would have had to sell at a discount while those who remained would seen their NAV drop but would have been receiving the same dividends. NAV is NAV, the market price would get hammered not the NAV of a C...
by Rainier
Fri Dec 11, 2015 9:33 am
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 8050

Re: [Third Avenue liquidates its high-yield bond fund]

Here is the letter on their website: http://thirdave.com/wp-content/uploads/ ... 2-2015.pdf

None of the NAVs have been updated since 12/9 across all funds.

Conference call at 11am today.
by Rainier
Fri Dec 11, 2015 9:13 am
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 8050

Re: [Third Avenue liquidates its high-yield bond fund]

What is the historical failure rate of funds with the word "focused" in them?
by Rainier
Thu Dec 10, 2015 8:43 pm
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 8050

Re: Mutual fund stops redemptions - now in liquidation

skepticalobserver wrote:Auction rate securities redux?


BSC started this in 2007 with gates. Many new Bogleads don't remember back that far. High yield will crash very hard tomorrow and Third Ave management is done.

Only saving grace is if investors realize FCF held very illiquid securities not held by other funds.
by Rainier
Thu Dec 10, 2015 8:17 pm
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 8050

Re: Mutual fund stops redemptions - now in liquidation

This is wildly contagious and I predict at a minimum all other 3rd Ave funds are done. I'd be interested in your thoughts on why this liquidation of the high yield fund where they were into very illiquid bonds would transfers into the other funds they have which hold stocks? Mike Because, it's cont...
by Rainier
Thu Dec 10, 2015 8:08 pm
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 8050

Re: Mutual fund stops redemptions - now in liquidation

This is wildly contagious and I predict at a minimum all other 3rd Ave funds are done.
by Rainier
Thu Dec 10, 2015 7:56 pm
Forum: Investing - Theory, News & General
Topic: [Third Avenue liquidates its high-yield bond fund]
Replies: 130
Views: 8050

Re: Swedroe gets the last laugh...Third Ave Fund Implodes

I owned this and others back in the day.

This should have more than a few replies. This is going to move the market in a major way.

All other Third Ave funds will do the same thing, this is contagious for a fund.
by Rainier
Tue Dec 08, 2015 8:00 pm
Forum: Personal Consumer Issues
Topic: Quadcopter (drone) experience/recommendation
Replies: 26
Views: 1431

Re: Quadcopter (drone) experience/recommendation

Drones are banned in US National Parks, just an FYI.
by Rainier
Tue Dec 08, 2015 6:56 pm
Forum: Personal Consumer Issues
Topic: Quadcopter (drone) experience/recommendation
Replies: 26
Views: 1431

Re: Quadcopter (drone) experience/recommendation

Get a $35 model to practice on, they are way harder than the bigger ones. I have a Yuneec Q500+, B&H has great deals on them. Wish I got the 4K though. So much fun to fly, but still a little stressful, especially flying over water. PM me if you want to see some of my videos on Vimeo. Also if you...
by Rainier
Fri Aug 28, 2015 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Prepaying Mortgage Question
Replies: 24
Views: 2651

Re: Prepaying Mortgage Question

I'm not gonna beat around the bush. What was the medical emergency and how is the resort possibly liable? When I hear medical emergency I think heart attack, stroke, appendicitis, etc. when I think of liability I think of a slip and fall or resort spraying highly toxic pesticides in my room. Also, a...
by Rainier
Fri Aug 28, 2015 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund or debt?
Replies: 15
Views: 1008

Re: Emergency fund or debt?

Seems like you are figuring it out and paying down the debt. Lots of good suggestions above.

My only suggestion is to reiterate selling things you don't need. eBay/craigslist
by Rainier
Mon Aug 24, 2015 2:04 pm
Forum: Investing - Theory, News & General
Topic: VHT down 27% - Glitch or missed opportunity
Replies: 59
Views: 7361

Re: VHT down 27% - Glitch or missed opportunity

Check out VGSH on the upside this morning! Up over 10% for a short term govt bond fund. About even for the day right now. Ouch for the guy who placed the market buy order.

A big red flag that even very large ETFs are far from efficient (not VGSH, that is pretty small).
by Rainier
Sun Aug 09, 2015 3:33 pm
Forum: Investing - Theory, News & General
Topic: Berkshire and Precision Castparts
Replies: 13
Views: 956

Re: Berkshire and Precision Castparts

LAlearning wrote:And we care why?


I don't care about the vast majority of posts in the forum but I don't point it out every time.
by Rainier
Sat Aug 08, 2015 8:24 pm
Forum: Investing - Theory, News & General
Topic: Interest rate forecasts are garbage and best ignored
Replies: 20
Views: 2132

Re: Interest rate forecasts are garbage and best ignored

Well the Federal Reserve determines the actual interest rate. When they say they are raising the rates in the coming years the 4-5 star long-term bond fund ads start to be seen in the papers. Going anything but short-term now doesn't make cents to the dollar. It's not market timing just some positi...
by Rainier
Fri Aug 07, 2015 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for Allocation Advice please
Replies: 11
Views: 938

Re: Looking for Allocation Advice please

Thanks everyone for your responses. I'll use the weekend to add a +/- % to each of the investments to give a better idea of their performance. As for the split I chose 65/35, I just based that on some of the posts I read for Age - 10% I wasn't sure if that was aggressive or not. I did think that wa...
by Rainier
Sat Aug 01, 2015 9:14 pm
Forum: Investing - Theory, News & General
Topic: Zero Interest Rates on I-Bonds
Replies: 28
Views: 4003

Re: Zero Interest Rates on I-Bonds

If your holding period is less than 5 years you can sell without a three month interest penalty during this period (just check the calculator to ensure the right timing).

Actually, you still pay the penalty, in this case it is $0.
by Rainier
Sat Aug 01, 2015 2:18 pm
Forum: Personal Consumer Issues
Topic: Crab Grass
Replies: 33
Views: 2984

Re: Crab Grass

Thanks all, very encouraging. Glad to know I should be able to have it under control in a few years with a little work. At this point it's not that bad. I mean there is a lot of crabgrass, but compared to the barren dirt this spring, it looks fine from the house and it is holding my soil/nutrients i...
by Rainier
Sat Aug 01, 2015 12:23 pm
Forum: Personal Consumer Issues
Topic: Crab Grass
Replies: 33
Views: 2984

Re: Crab Grass

You just have to be consistant with working on killing, pulling, and removing unwanted growth on a regular basis. I moved into this home in June, and the previous owner hadn't done anything for some time. I treated with Bayor product to kill crabgrass twice, two weeks apart, then used spot treatmen...
by Rainier
Sat Aug 01, 2015 10:05 am
Forum: Personal Consumer Issues
Topic: Crab Grass
Replies: 33
Views: 2984

Crab Grass

Looking for some thoughts on how to tackle my crab grass problem. I live in Connecticut. Last summer we were doing construction on our house and our yard got destroyed. This spring we tried to re-seed but then went a month without any rain and I couldn't get the seed to grow with my manual sprinkler...
by Rainier
Fri Jul 31, 2015 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Chip and pin credit cards?
Replies: 28
Views: 3103

Re: Chip and pin credit cards?

The systems are compatible. I used my chip and sig in Europe with no issues. Instead of entering a PIN the receipt comes out of the machine with a signature line.

In an automated machine the card just worked without a PIN, although I have heard others have had issues.
by Rainier
Fri Jul 31, 2015 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Chip and pin credit cards?
Replies: 28
Views: 3103

Re: Chip and pin credit cards?

If you aren't a credit card company who cares? You aren't liable for unauthorized charges, period.

If the credit card companies were going bankrupt because of this they would obviously change. Cost benefit doesn't justify at this point.
by Rainier
Fri Jul 31, 2015 5:06 am
Forum: Investing - Help with Personal Investments
Topic: My Portfolio and My Investing Behavior
Replies: 15
Views: 1666

Re: My Portfolio and My Investing Behavior

Still more work to be done. Yes indeed. I'd suggest developing an IPS. Adjust your portfolios to match your IPS and stick with it. Take the behavior and emotion out of investing. Saying you "like dividends" sounds like you are a 6 year old that throws a fit if you don't get a candy bar ev...
by Rainier
Thu Jul 30, 2015 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: My Portfolio and My Investing Behavior
Replies: 15
Views: 1666

Re: My Portfolio and My Investing Behavior

Okay, I updated my original post to show unrealized gains in the taxable account.

Also, sold some small positions in my taxable account that had minimal gain/losses to simplify a little. Still more work to be done.
by Rainier
Thu Jul 30, 2015 5:47 am
Forum: Investing - Help with Personal Investments
Topic: My Portfolio and My Investing Behavior
Replies: 15
Views: 1666

Re: My Portfolio and My Investing Behavior

Wow, some very thoughtful and useful information that I will digest. I will sell some of these easy small pieces in my taxable and update the holdings with gains. Probably not until tonight. Also, what about selling all of taxable and paying down the HELOC? The $650 I put toward the heloc each month...
by Rainier
Wed Jul 29, 2015 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Asset Allocation
Replies: 8
Views: 672

Re: HSA Asset Allocation

I have two pieces. My HSA bank account that I keep funds to cover my deductible if needed. Mostly pay out of pocket now though so this isn't touched.

The rest is at Saturna and part of my retirement allocation. Even so, I still have 80% s/t bonds and 20 small cap value in this account.
by Rainier
Wed Jul 29, 2015 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Puerto Rico Muni Bonds: Hard-To-Sell
Replies: 14
Views: 1878

Re: Puerto Rico Muni Bonds: Hard-To-Sell

Are they still paying coupons? I think they are.

These bonds aren't going away. PR has to raise sales tax to service these bonds. Also, residents of PR don't pay US income tax, until that changes don't expect congress to change the bankruptcy laws.
by Rainier
Wed Jul 29, 2015 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: My Portfolio and My Investing Behavior
Replies: 15
Views: 1666

Re: My Portfolio and My Investing Behavior

Is it the HCOL the reason for only 9K (her 401k is all employer contrib) max contributions per year for a family that is in 25% tax bracket? If so, you still accumulated a decent size of retirement account but your taxable is 25% of it. Maybe, you can sell long term gains and use them for expenses ...
by Rainier
Wed Jul 29, 2015 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: My Portfolio and My Investing Behavior
Replies: 15
Views: 1666

Re: My Portfolio and My Investing Behavior

I would be wary of letting the tax tail wag the dog. You have 20%+ of your financial assets in individual company stocks. Would you still make the same decision if there was no tax liability? What would the hit be to liquidate half of those positions in 2015 and half on January 2nd, 2016? Also, whe...
by Rainier
Wed Jul 29, 2015 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: My Portfolio and My Investing Behavior
Replies: 15
Views: 1666

Re: My Portfolio and My Investing Behavior

Hmmm.

Maybe some thoughts if I should stop contributing to my wife's IRA and fill up our Roth's first.

Any other comments welcome as well.
by Rainier
Mon Jul 27, 2015 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: TLH in emerging markets
Replies: 4
Views: 408

Re: TLH in emerging markets

I did, but I rolled into more emerging markets.

Looks like I could be back in my original fund within a month.
by Rainier
Mon Jul 27, 2015 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: My Portfolio and My Investing Behavior
Replies: 15
Views: 1666

My Portfolio and My Investing Behavior

It has been awhile since I have done one of these and I am just looking for any thoughts and suggestions. Emergency funds: 3 months in I-Bonds, fully available for withdrawal, not included in asset allocation. May be reduced due to relatively large taxable account Debt: $311,000 mortgage, 3.99% HELO...
by Rainier
Sun Jul 26, 2015 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Bank reporting income in 2013 that is not income, need help
Replies: 9
Views: 752

Re: HSA Bank reporting income in 2013 that is not income, need help

Looks like user error, not HSA Bank.

They report all withdrawals to you as income. It is up to you to report them as qualified medical expenses to the IRS.
by Rainier
Sun Jul 26, 2015 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Business Class 1-way tickets
Replies: 4
Views: 590

Re: Business Class 1-way tickets

I think you can specific business class on sites like Kayak then use the site they recommend for your best options
by Rainier
Sun Jul 26, 2015 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep/park your emergency fund?
Replies: 54
Views: 6809

Re: Where do you keep/park your emergency fund?

I don't have a separate emergency fund. I usually keep a little over 10k (about one month of household expenses) in my ally saving account. I have a very secure job and unanticipated unemployment will be rare. If I really need money fast, I can always sell some funds with long term gain in my taxab...

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