Search found 1478 matches

by Raybo
Mon Sep 18, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Psychological effects of Early Retirement in peak earning years.
Replies: 59
Views: 5817

Re: Psychological effects of Early Retirement in peak earning years.

Actually, I worry about retirement because I enjoy the people I work with. I'm a lawyer, and am now the oldest litigator there, and the department chair. Young people stop by to chat about their cases. Young lawyers who want to learn from you are really fun. I will miss the intellectual stimulation...
by Raybo
Mon Sep 18, 2017 5:11 pm
Forum: Personal Consumer Issues
Topic: Getting (young) kids interested in coding
Replies: 52
Views: 2378

Re: Getting (young) kids interested in coding

Can you code?

If so, why not create a simple JavaScript game for them and then teach them how it works and how to change it and let them at it?

Else, never mind.
by Raybo
Sun Sep 17, 2017 10:42 pm
Forum: Personal Consumer Issues
Topic: Software professional salary
Replies: 10
Views: 1366

Re: Software professional salary

Sunshine22 wrote:
Sun Sep 17, 2017 7:56 pm
Nobody knows anyone personally on this forum ...:).
This is not true. I have met several posters on this forum in person.
by Raybo
Sat Sep 16, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Psychological effects of Early Retirement in peak earning years.
Replies: 59
Views: 5817

Re: Physiological effects of Early Retirement in peak earning years.

My father died when he was 58. I retired as early as I could.
by Raybo
Sat Sep 16, 2017 6:02 pm
Forum: Personal Consumer Issues
Topic: Why are so many Chinese visiting my website?
Replies: 14
Views: 2365

Re: Why are so many Chinese visiting my website?

I don't get much traffic on my site (<1000 hits a day), so it easy to tell when I've have been targeted by a crackbot. I turned off all Ukraine and Russian IPs from hitting my site, which dropped the probe rate significantly. The cracking attempts are obvious and easy to defeat after some simple ana...
by Raybo
Tue Sep 12, 2017 5:10 pm
Forum: Personal Consumer Issues
Topic: What money to store outside for disaster?
Replies: 57
Views: 4109

Re: What money to store outside for disaster?

I already carry an extra $200 in $20 in my wallet. I have seen what damp does to paper in ziploc bags and don't believe that is a long-term solution. I don't have a "go" bag and have no intention of creating one. Several people asked how the house could be uninhabitable but the outside space still a...
by Raybo
Tue Sep 12, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: What money to store outside for disaster?
Replies: 57
Views: 4109

What money to store outside for disaster?

I live in San Francisco and a catastrophic earthquake could occur at any time without warning. I've been through one (1989), but everything remained intact and no real disruptions were caused regarding access to goods and money. My house has a small space, accessible from the outside, where I keep a...
by Raybo
Fri Sep 08, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5333

Re: Purchasing Home With Girlfriend; Good or Bad?

My niece did this and now that she and her co-owner have split, she is back with her parents while the ex-boyfriend has a renter. She is still liable for everything but they have an agreement in place that he will buy her out. This cost plenty in lawyers to draw up. My suggestion is to have a frank ...
by Raybo
Fri Sep 08, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 605
Views: 33861

Re: Equifax says info stolen. What's my best course of action?

I have my credit locked. I didn't see anything about the breach including my code for unlocking my credit report. Does anyone know if such information was taken?
by Raybo
Thu Sep 07, 2017 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 3722

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

Do you need the money?

10 years is a long time for everything to go smoothly. Remember companies go bankrupt and lawyers are expensive.
by Raybo
Thu Sep 07, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: "The Market" Portfolio
Replies: 26
Views: 2859

Re: "The Market" Portfolio

There are many different things to invest in: stocks, bonds, art, cars, real estate, precious metals, etc. if you want to invest in "the market" using only stocks and bonds, you are missing some of the investment universe. But, no one tries to get a piece of everything as it isn't feasible or inexpe...
by Raybo
Thu Sep 07, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: Good Article on Retirement Investing and Withdrawals
Replies: 7
Views: 1416

Re: Good Article on Retirement Investing and Withdrawals

] The article is OK, but look what that video claims. It states that if you want a good retirement that will last 25 years, you will need to have saved at least 8 times your ending salary. Eight times? That's a 12.5% initial withdrawal rate. Can it last 25 years? Paul The withdrawal rate is calcula...
by Raybo
Thu Sep 07, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: What does "beat the market" mean?
Replies: 40
Views: 1664

Re: What does "beat the market" mean?

I think both are true. I don't think they can both be true. (1) says that you can't really ever beat the market except by dumb luck. (2) says you can systematically beat the market in the long run by choosing to invest in high-risk high-reward stocks - but you have to pay the cost of high volatilit...
by Raybo
Thu Sep 07, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: What does "beat the market" mean?
Replies: 40
Views: 1664

Re: What does "beat the market" mean?

I think both are true. I would suggest that the issue is one's definition of "the market." Many advisors I talked with and read about, seem to think that beating the S&P 500 (often without dividends accounted for) is the standard to aim for. I say beating the market has to an apples to apples compar...
by Raybo
Wed Sep 06, 2017 6:48 pm
Forum: Personal Consumer Issues
Topic: Places to see in Chicago
Replies: 42
Views: 2359

Places to see in Chicago

Next week, I'm flying to Chicago to visit my good friend who is a native born Chicagoan. After 3 weekend days (He's taking Friday off) with him, I'll have 2 on my own. I'm not sure what he and I will do/see, so I thought I get some suggestions on some places I might visit myself. I'm pretty sure we ...
by Raybo
Tue Sep 05, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How do you track expenses ?
Replies: 58
Views: 3396

Re: How do you track expenses ?

I pay for most things with a credit card and they track my spending for me.
by Raybo
Mon Sep 04, 2017 6:24 pm
Forum: Personal Consumer Issues
Topic: Book Recommendations: Nutrition / Psychology
Replies: 27
Views: 1910

Re: Book Recommendations: Nutrition / Psychology

I am not a doctor or psychologist. In some ways, this depends on what your interest in nutrition is. I've done a good bit of reading about nutrition in the past 40 years (since becoming a vegetarian). If you don't mind a lot of meatless proselytizing, the best book I've read on nutrition lately is "...
by Raybo
Sun Sep 03, 2017 2:48 pm
Forum: Investing - Theory, News & General
Topic: How much weight do you put on back-testing?
Replies: 53
Views: 3224

Re: How much weight do you put on back-testing?

I put some value in backtesting of long term data. While I am not going to completely rely on some mechanistic SWR withdrawal method only, I do believe that the 4% rule is a reasonable starting place for planning retirement spending amounts.
by Raybo
Sun Sep 03, 2017 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Top Hat vs taxable dilemma
Replies: 10
Views: 1190

Re: Top Hat vs taxable dilemma

Let me start by saying I know nothing about 457(f) plans. But, in general, anything you don't pay tax on will get taxed later. If you have (untaxed) capital gains in an IRA, you will pay full boat (all income) when you take dollars out of the IRA. I assume the same thing is true of deferred compensa...
by Raybo
Sat Sep 02, 2017 10:39 pm
Forum: Local Chapters and Bogleheads Community
Topic: Stan died [Long time forum lurker]
Replies: 38
Views: 6004

Re: Stan died [Long time forum lurker]

A good friend of mine and fellow volunteer at Alcatraz named Stan who taught much about Alcatraz and living life well into one's 80s. He was a joy to be around, people-oriented, and good natured. He was born and raised in San Francisco, liked by everyone, and is still missed by anyone who knew him. ...
by Raybo
Fri Sep 01, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Experience Buying Long Term Care Policy on Parent(s)?
Replies: 8
Views: 960

Re: Experience Buying Long Term Care Policy on Parent(s)?

I tried to buy it for my mother (long since deceased). But, she failed the physical and was refused coverage.
by Raybo
Wed Aug 30, 2017 9:43 am
Forum: Personal Consumer Issues
Topic: Possible January trip to Naples, Italy / Amalfi Coast
Replies: 37
Views: 2584

Re: Possible January trip to Naples, Italy / Amalfi Coast

I agree with the suggestion to base yourself in Sorrento, instead of Naples. The circumvesuiana train that runs between Naples and Sorrento will get you to Naples, Herculaneum, and Pompeii. I have walked and bicycled around Naples and I suspect that most crime problems occur in tourist areas and whe...
by Raybo
Wed Aug 30, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: 8 Questions to Ask Yourself Before Retiring Abroad
Replies: 6
Views: 1178

Re: 8 Questions to Ask Yourself Before Retiring Abroad

Are you thinking of retiring in Panama?
by Raybo
Fri Aug 25, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: Vacation home, and renting it out
Replies: 9
Views: 803

Re: Vacation home, and renting it out

Once, I once owned an ocean front condo in Kona. You'd think there would good demand for such a thing. But, we rarely rented it out (we had a local agent). When I thought about it, I realized that economic theory suggests that the price of a vacation condo would rise to level that it costs money to ...
by Raybo
Wed Aug 23, 2017 10:00 pm
Forum: Personal Consumer Issues
Topic: Miles Davis: Kind of Blue - Question for Jazz experts
Replies: 49
Views: 3189

Re: Miles Davis: Kind of Blue - Question for Jazz experts

While not in the same style, you might try Duke Ellington. I find his orchestrations fabulous and his players top notch. His greatest hits CD is one I'd take to a desert island.
by Raybo
Wed Aug 23, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: 3% credit card fee vs wiring from B of A
Replies: 18
Views: 979

Re: 3% credit card fee vs wiring from B of A

Open a Schwab account and use the debit card you get with it to pay the fees. You will have to tell them before hand, so they don't cancel the card as having fraudulent charges. They don't charge a fee and have an excellent exchange rate.

It is the only card I use when I travel internationally.
by Raybo
Sat Aug 19, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: Kitchen knife set. Good quality - Recommendations
Replies: 55
Views: 4384

Re: Kitchen knife set. Good quality - Recommendations

My wife and I are eat at home vegetarians. We do alot of vegetable and nut chopping. The best knife I've ever used is a ceramic knife. Unlike steel knives, ceramic knives don't dull appreciably. They remain sharp a long time. Using a much heavier and always duller steel knife is something I loathe. ...
by Raybo
Sat Aug 19, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: IBonds: My worst bond investment over the last 5 years
Replies: 74
Views: 7414

Re: IBonds: My worst bond investment over the last 5 years

You will always have a "worst" investment over some 5 year period. It isn't surprising that for the most recent 5 year period it was a US Treasury IBond in a period of low inflation. Care to predict your "worst" investment for the next 5 years? Note that IBonds are a kind of insurance bet. In this c...
by Raybo
Fri Aug 18, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: Non-fiction bucket list
Replies: 109
Views: 8875

Re: Non-fiction bucket list

When I retired, I set myself the goal of reading The Story of Civilization by Will and Ariel Durant. It is 11 volumes of the entire sweep of history, up through Napoleon. Wonderful writing, deep research, great insights. About 10,000 pages. The best history lesson one can have. It took me several ye...
by Raybo
Thu Aug 17, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 3980

Re: Other people's perception of your finances

Have you ever visited their homes? Did they pay for everything? If not, start asking for separate checks. You also might ask them to go to the grocery store and pick up some food for dinner. If they ask for money, laugh at them. Some people want to pay for others, some what to be paid for. It doesn'...
by Raybo
Wed Aug 16, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: California - clarification on taxes
Replies: 36
Views: 2570

Re: California - clarification on taxes

the decision to live in CA should be viewed as a form of luxury consumption if you make even just a solid income. If living in California is "luxury consumption," what states are "regular consumption" and which are "low-cost consumption?" Is this based on taxes alone or do you have some other crite...
by Raybo
Wed Aug 16, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: California - clarification on taxes
Replies: 36
Views: 2570

Re: California - clarification on taxes

While this is unrelated to the OP's question, California doesn't tax Social Security payments. This eases the tax burden on the retired.
by Raybo
Tue Aug 15, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Not understanding the recommended retirement distribution strategy in the Boglehead's Guide
Replies: 7
Views: 1151

Re: Not understanding the recommended retirement distribution strategy in the Boglehead's Guide

As a concrete example, I am planning my withdrawals for the rest of 2017 as I type this. Say my wife and I need $20,000 to make it until 1/2018. If I take the $20K from an IRA, it is fully taxed and I will pay about $3,000 to the US Treasury as a result. If, instead, I take the money from my taxable...
by Raybo
Sat Aug 12, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany
Replies: 21
Views: 2015

Re: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany

How many hours a day did you bike on average? It depends on how you define "bike." For the most part, I left around 9:30 or 10 in the morning and arrived around 6pm. But, not all of that was "biking." Some of it was eating, some taking photos, some doing other non-riding things. Looking at my daily...
by Raybo
Sat Aug 12, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany
Replies: 21
Views: 2015

Re: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany

Raybo thanks for the information. I am interested in getting a folding bike and was wondering how you settled on getting the Bike Friday brand. This would be my first folding bike so I am starting my research now. Thanks again for the wonderful pictures and travel writing. I wrote a "first impressi...
by Raybo
Sat Aug 12, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany
Replies: 21
Views: 2015

Re: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany

snowman wrote:
Sat Aug 12, 2017 2:46 pm
Duckie wrote:
Sat Aug 05, 2017 4:00 pm
Here's the direct link.
Is Raybo and Duckie the same person?
No.
by Raybo
Thu Aug 10, 2017 8:02 pm
Forum: Personal Consumer Issues
Topic: Harry Bosch: the Amazon Series vs the novels
Replies: 47
Views: 2450

Re: Harry Bosch:the Amazon Series vs the novels

I, too , have read most of the Connelly Bosch books. As it turns out, the character is based on a guy I went to junior high and high school with, Rick Jackson. I discovered this when his name was used in one of the books.
by Raybo
Wed Aug 09, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany
Replies: 21
Views: 2015

Re: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany

I'm so jealous! Looks like an incredible way to get away and see the world. While I was sitting on a bench eating and watching cars and motorcycles zoom by, it occurred to me that the main difference between motorized travel and human-powered is the ability to stop wherever and whenever I want. Thi...
by Raybo
Wed Aug 09, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Close business as S Corp or Partnership
Replies: 6
Views: 613

Re: Close business as S Corp or Partnership

I'm not sure I understand. You created a corporation with a partner, put mutual funds in it, supposedly did something with the corporation, and now you want to get the mutual funds you put into it out. The funds have large capital gains. It has been a long while since I filed a corporation tax retur...
by Raybo
Tue Aug 08, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Close business as S Corp or Partnership
Replies: 6
Views: 613

Re: Close business as S Corp or Partnership

Your lawyer is suggesting buying 48% of a company for $500. What is the company worth? Might such a transaction be seen as some kind of sham transaction set up purely as a tax dodge by the IRS and be invalidated for tax purposes? Don't partnerships have to have certain documents in place before they...
by Raybo
Tue Aug 08, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany
Replies: 21
Views: 2015

Re: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany

Magnificent as usual. How did you come to select your route and how did you locate the various bike paths? Planning a route is part of the art of bike touring. Being involved in bike touring and maintaining my website have given me a good deal of knowledge about bike touring in various parts of the...
by Raybo
Tue Aug 08, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany
Replies: 21
Views: 2015

Re: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany

Incredible adventure and photos! You're an inspiration! My wife and I are planning a Backroads biking vacation in Banff/Canadian Rockies next year! The ride from Lake Louise to Jasper is the best multi-day riding I have ever done. It is simply stunning scenery. If you'd like to see what the riding ...
by Raybo
Mon Aug 07, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany
Replies: 21
Views: 2015

Re: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany

What kind of bike do you ride, and what kind of tires? I bought a new bike for this, and future European, tours. It is a folding bike that is quick to both assemble and disassemble and can be (relatively) easily packed into a Samsonite large suitcase. It is a Bike Friday New World Tourist. It has 2...
by Raybo
Fri Aug 04, 2017 7:30 pm
Forum: Personal Consumer Issues
Topic: Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany
Replies: 21
Views: 2015

Selected photos from my ride across Western Europe -- Amsterdam to Passau, Germany

On my recent bicycle ride across Western Europe, from Amsterdam to Passau, Germany, I took over 2000 photos. I have selected 88 of them to give a good idea of what the trip was like. You can find the photos on my website, which can be accessed by the link in my profile (click on my username to the r...
by Raybo
Fri Aug 04, 2017 8:54 am
Forum: Personal Consumer Issues
Topic: Garage ceiling bike storage
Replies: 21
Views: 1325

Re: Garage ceiling bike storage

When you say "easy to get down," are you looking for something with pulleys? I have used simple hooks in the ceiling and then hung my bicycles upside down by the rims. I do screw the large hooks into studs. The downside is that I have to lift the bike above my head to put it on the hooks. I consider...
by Raybo
Wed Aug 02, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Riding a bike in Bogota, Colombia?
Replies: 6
Views: 729

Re: Riding a bike in Bogota, Colombia?

The best place to look for country-specific information on cycling is crazyguyonabike.com.

Here are a couple thousand links from that site on Bogota.
by Raybo
Sun Jul 30, 2017 2:56 am
Forum: Personal Consumer Issues
Topic: Ever been sued?
Replies: 12
Views: 1872

Ever been sued?

We are always being warned about being sued for one thing or another. But, in 65 years, 20 in my own business and 30 owning a house, I have never been sued.

I got to wondering if this is unusual. So I ask, "Have you ever been sued?"
by Raybo
Fri Jul 28, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: ESPP Specifics help
Replies: 16
Views: 614

Re: ESPP Specifics help

Keep the lessons learned by Lehman Brother employees in mind. Namely, if the company goes bust (seems unlikely with a Gas Utility, but stranger things have happened), you lose both your job and your investment. The same thing would happen if there were large lay-offs at the company. In this situatio...
by Raybo
Mon Jul 17, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: Essential Bike (bicycle) Accessories
Replies: 71
Views: 3937

Re: Essential Bike (bicycle) Accessories

You need a rear view mirror. I like the "take-a-look" mirror that clasps into glasses or can be zip-tied to a helmet visor. You need high quality chain oil. I like full-fingered biking gloves to save my palms a bit. High-viz vest. It don't use water bottles. I prefer a camelback or similar water bac...
by Raybo
Sun Jul 16, 2017 3:26 am
Forum: Personal Consumer Issues
Topic: San Jose and San Francisco Trip
Replies: 24
Views: 1842

Re: San Jose and San Francisco Trip

In some way, it depends on how much you want to spend. If your kids like baseball, you might try to get some tickets for the Giants. Note that there is a free standing room only viewing area for games that is very crowded. The stadium is nice to visit, either way. The number one attention for kids i...