Search found 1226 matches

by Rainier
Fri Jul 22, 2016 5:39 am
Forum: Personal Consumer Issues
Topic: Cinque terre in September....
Replies: 18
Views: 1437

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: 3196

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: 70
Views: 5510

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: 292

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: 1246

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: 978

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: 2444

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: 1480

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: 77
Views: 8601

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: 7
Views: 756

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: 3785

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: 3156

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: 3156

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: 1371

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: 1371

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: 10466

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: 3856

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: 1371

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: 3856

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: 10466

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: 7712

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: 10243

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: 8316

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: 2929

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: 3791

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: 3770

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: 3770

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: 1342

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: 14577

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: 3791

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: 10243

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: 1279

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: 3791

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: 3791

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: 2052

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: 1593

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: 1494

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: 10458

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: 1494

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: 2052

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: 1494

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: 1767

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: 3193

Re: Sound advice from Warren Buffett

Get rid of the "helpers"
by Rainier
Sat Apr 30, 2016 4:47 pm
Forum: Personal Consumer Issues
Topic: Roof replacement and insurance coverage for hail damage
Replies: 30
Views: 1767

Re: Roof replacement and insurance coverage for hail damage

Where was this?

Is your roof damaged? I cant imagine hail in the northeast doing any real damage. At least not from a storm I remember.
by Rainier
Sat Apr 30, 2016 4:28 pm
Forum: Investing - Theory, News & General
Topic: dividend stocks
Replies: 175
Views: 10458

Re: dividend stocks

Rainier wrote:How many of Berkshires passive investments don't pay dividends?


Anybody know the answer to this?

Based on this list I believe they all do.

http://www.cnbc.com/berkshire-hathaway-portfolio/
by Rainier
Sat Apr 30, 2016 1:41 pm
Forum: Investing - Theory, News & General
Topic: dividend stocks
Replies: 175
Views: 10458

Re: dividend stocks

How many of Berkshires passive investments don't pay dividends?
by Rainier
Sat Apr 30, 2016 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Is It Time to Ditch Ibonds?
Replies: 10
Views: 2052

Re: Is It Time to Ditch Ibonds?

Are they paying interest in the next cycle?

If the interest rate is zero there is no three month penalty if you sell at the right time.
by Rainier
Fri Apr 29, 2016 2:39 pm
Forum: Investing - Theory, News & General
Topic: Almost bought an individual stock today...
Replies: 44
Views: 4207

Re: Almost bought an individual stock today...

Forget the stock. You should have bought out of the money Amazon calls that expired today. Why earn 12% in a day when you can earn 100%!

Honestly though, I'm trying really hard not to buy Apple. Less than 10x earnings including their $200b stockpile of cash and a growing dividend.
by Rainier
Fri Apr 29, 2016 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Is It Time to Ditch Ibonds?
Replies: 10
Views: 2052

Is It Time to Ditch Ibonds?

I have $15k sitting in Ibonds as my emergency fund. I also have a $100k HELOC at prime minus 25bps. I am considering dropping the Ibonds to pay down the HELOC and save on the interest spread. I figure the prime rate will outpace inflation so in the long run I will be better off. Most of my Ibonds ar...
by Rainier
Fri Apr 29, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Best High-Yield Online Account for Emergency Fund?
Replies: 28
Views: 3536

Re: Best High-Yield Online Account for Emergency Fund?

Ally is great. Some newer banks are offering higher rates though. Might want to check out Synchrony or Goldman Sachs Bank

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