Search found 12174 matches

by Rodc
Wed May 04, 2016 5:57 pm
Forum: Personal Consumer Issues
Topic: Buying a New Car...Is it Unwise?
Replies: 68
Views: 5375

Re: Buying a New Car...Is it Unwise?

I don't feel the need to check those things, which frankly seem borderline neurotic. I guess I have more important things to spend time on. If the autopay screws up its not like the lender can blame their broken autopay on me. Once the loan is paid the title shows up at my door. Are you saying that...
by Rodc
Wed May 04, 2016 5:45 pm
Forum: Personal Consumer Issues
Topic: Fingernail Polish on my carpet, call leasing office?
Replies: 9
Views: 979

Re: Fingernail Polish on my carpet, call leasing office?

Google provides many sites that claim to tell you how to remove fingernail polish from carpet.

You could try one small spot and see how it goes.
by Rodc
Wed May 04, 2016 8:54 am
Forum: Investing - Theory, News & General
Topic: Reasonable Firecalc Assumptions and Results?
Replies: 22
Views: 2187

Re: Reasonable Firecalc Assumptions and Results?

working to age 65 and dying at age 65 and 3 months would be an example of "working too long". Three months of retirement is about right. Throughout human history most people worked until shortly before they died. When they stopped working they stopped eating. Certainly true. I confess I a...
by Rodc
Tue May 03, 2016 4:06 pm
Forum: Personal Consumer Issues
Topic: Sunscreen
Replies: 51
Views: 3210

Re: Sunscreen

But for those of us with an abundance of testosterone clear spray-on sure works much easier than lotion. Curious, is this in reference to body hair? Yes. I actually suspect lotion is better than the clear spray for protection, but rubbing in the lotion is very difficult. I have from time to time se...
by Rodc
Tue May 03, 2016 2:31 pm
Forum: Personal Consumer Issues
Topic: Buying a New Car...Is it Unwise?
Replies: 68
Views: 5375

Re: Buying a New Car...Is it Unwise?

I don't feel the need to check those things, which frankly seem borderline neurotic. Spending time arguing about the value or not of paying cash that earns almost nothing in a savings account vs a loan that cost almost nothing seems pretty neurotic as well. :) Do you really care? Does it really mat...
by Rodc
Tue May 03, 2016 1:28 pm
Forum: Personal Consumer Issues
Topic: Who else hates choosing a car?
Replies: 136
Views: 16294

Re: Who else hates choosing a car?

If one gets hung up confusing needs with wants, and gets hung up looking for perfection, buying a car is hard. If you remember that what you need is something with 4 wheels, an engine, a steering wheel, brakes and some modest amount of room perhaps, and the rest is wants, and further you remember th...
by Rodc
Tue May 03, 2016 1:12 pm
Forum: Personal Consumer Issues
Topic: I bought the wrong car - know it after 15 days
Replies: 105
Views: 7567

Re: Bought wrong car - Revision - ES350 advice

Did you think about replacing the seat with an aftermarket seat of some sort? Or taking it to a specialty upholstery shop who can make adjustments to the cushioning/bolstering for you? Also the existing seat might break-in for you, kind of like a new pair of shoes that might hurt for a little bit. ...
by Rodc
Tue May 03, 2016 1:05 pm
Forum: Investing - Theory, News & General
Topic: A question about simulators' failure rate
Replies: 6
Views: 617

Re: A question about simulators' failure rate

Whether historical based or assumed distribution based, you run N scenarios, say 10,000. You run out of money in M scenarios, say 743, before you hit the ending point, say 30 years. The failure rate is then 743/10,000 = 7.43% The simulator might use asset classes, but would not (as far as I have eve...
by Rodc
Tue May 03, 2016 12:50 pm
Forum: Personal Consumer Issues
Topic: Sunscreen
Replies: 51
Views: 3210

Re: Sunscreen

I have no idea why anyone wouldn't use spray on. Because most of it ends up in space, not on your body. A great boon to the manufacturers! Probably destroys the ozone layer on its way. Not with modern propellent. My joke must have flown under the radar. Sunblock that blocks UV destroys ozone, which...
by Rodc
Tue May 03, 2016 9:42 am
Forum: Personal Consumer Issues
Topic: I bought the wrong car - know it after 15 days
Replies: 105
Views: 7567

Re: I bought the wrong car - know it after 15 days

Just a thought. I do not have back problems so I have not dealt with these issues so I do not have any direct useful knowledge. But, rather than after market seats, does anyone make good add-on after market seat cushions? Sounds like there is a great and fairly widespread need, in which case it is p...
by Rodc
Tue May 03, 2016 7:51 am
Forum: Personal Consumer Issues
Topic: Sunscreen
Replies: 51
Views: 3210

Re: Sunscreen

I have no idea why anyone wouldn't use spray on. Because most of it ends up in space, not on your body. A great boon to the manufacturers! Probably destroys the ozone layer on its way. Not with modern propellent. Also, unless spraying from far away or on a child with skinny arms this may not even b...
by Rodc
Mon May 02, 2016 6:27 pm
Forum: Personal Consumer Issues
Topic: Sunscreen
Replies: 51
Views: 3210

Re: Sunscreen

MrNewEngland wrote:I have no idea why anyone wouldn't use spray on.


It is expensive.

But for those of us with an abundance of testosterone clear spray-on sure works much easier than lotion.
by Rodc
Mon May 02, 2016 4:02 pm
Forum: Personal Consumer Issues
Topic: Wine Purchase Question
Replies: 32
Views: 1906

Re: Wine Purchase Question

For red: Go with Red Blends (sometimes called Meritage) or Merlot. From WA or CA it's hard to go wrong.


I find better reds at that price point from South America, Argentina or Chile.

I rarely drink whites other than the occasional glass of Prosecco.

YMMV
by Rodc
Mon May 02, 2016 3:59 pm
Forum: Personal Consumer Issues
Topic: Wine Purchase Question
Replies: 32
Views: 1906

Re: Wine Purchase Question

If folks here start throwing out suggestions - you might find that all the stores in your area use different distributors that don't carry the brands mentioned. Or you will end up with the very large makers which might be uninteresting to your guests. What I'd recommend: I'd go to your local wine/l...
by Rodc
Mon May 02, 2016 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay back my parents back for paying for some my college costs
Replies: 58
Views: 4466

Re: Should I pay back my parents back for paying for some my college costs

How much money are we talking about here? Do you want to have a good relationship with your parents, or has that ship sailed? They paid for about 20 classes which ran about 400 per class at the time, I paid for all the books and the rest of my classes. And yes. If it were me, and I had the money, I...
by Rodc
Mon May 02, 2016 2:39 pm
Forum: Investing - Theory, News & General
Topic: Reasonable Firecalc Assumptions and Results?
Replies: 22
Views: 2187

Re: Reasonable Firecalc Assumptions and Results?

Not possible to work too long.


If you want a retirement, say you have things like long periods of travel you cannot do while working full time, then working to age 65 and dying at age 65 and 3 months would be an example of "working too long".
by Rodc
Mon May 02, 2016 11:41 am
Forum: Personal Consumer Issues
Topic: Sunscreen
Replies: 51
Views: 3210

Re: Sunscreen

Yeah the scale isn't linear, which is everything I know about it. Quick google: According to Spencer, an SPF 15 product blocks about 94% of UVB rays; an SPF 30 product blocks 97% of UVB rays; and an SPF 45 product blocks about 98% of rays. ...I've seen slightly different numbers at different places...
by Rodc
Mon May 02, 2016 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Should I pay back my parents back for paying for some my college costs
Replies: 58
Views: 4466

Re: Should I pay back my parents back for paying for some my college costs

There is no requirement, legal, moral, or whatever that you repay them. That said, given They never said it had to be paid back although it has been rubbed in my face a few times. there might be some value in doing so. It would depend on the value of the money to you vs the value (if any) in getting...
by Rodc
Mon May 02, 2016 10:44 am
Forum: Investing - Theory, News & General
Topic: Reasonable Firecalc Assumptions and Results?
Replies: 22
Views: 2187

Re: Reasonable Firecalc Assumptions and Results?

Errors in assumptions compound exponentially just like returns. That would be income needs as well as investment returns, not to mention whether you will be forced into early retirement or not. Make some more or less conservative assumptions, but not crazy conservative and take the results with a la...
by Rodc
Mon May 02, 2016 10:32 am
Forum: Personal Consumer Issues
Topic: Best drill/driver for home use
Replies: 66
Views: 3893

Re: Best drill/driver for home use

there is a Ridgid impact driver at Home Depot for $99 with 2 batts/charger and case. These are amazingly better than even 10 years ago. And I have a 12V Ridgid driver with a single worn out battery and HD does not carry the replacement. The new ones are different. For a while, HD would replace the ...
by Rodc
Mon May 02, 2016 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Potential Employer was excited to hire me! Then silence... What did I do?
Replies: 60
Views: 5732

Re: Potential Employer was excited to hire me! Then silence... What did I do?

One thing to add is some people doing interviewing just say things that are more positive than they really feel. And some interviewees hear things in a more positive light than was really said. But many of the other things said above could be true. But not the ones about maybe they had someone else ...
by Rodc
Sun May 01, 2016 7:39 pm
Forum: Investing - Theory, News & General
Topic: Fundamental Indexing Is The Better Way To Value Tilt?
Replies: 19
Views: 1760

Re: Fundamental Indexing Is The Better Way To Value Tilt?

On p. 156, the authors state that from 1979 to 2007, the Russell 1000 Value Index had a return of 13.9% with a volatility of 13.8%. The RAFI US Large had a return of 15.2% with a volatility of 14.1%. Interesting. I did not know that the RAFI index existed in 1979. (hint: give me data back to 1979 a...
by Rodc
Sun May 01, 2016 3:31 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements: higher % stocks -> higher % of stocks international
Replies: 14
Views: 1524

Re: Jonathan Clements: higher % stocks -> higher % of stocks international

If you go with the volatility reduction approach, the challenge is what correlation coefficient to assume going forward? Not just correlation. Also important, and maybe more important, what currency swings would you assume? Try to pick correlations or currency changes and doing actual optimization ...
by Rodc
Sun May 01, 2016 3:17 pm
Forum: Personal Consumer Issues
Topic: Best drill/driver for home use
Replies: 66
Views: 3893

Re: Best drill/driver for home use

Questions: 1. Is having a separate impact driver worth the extra $40 ? Or should one tool be sufficient? 2. Do you think that these models are sufficient for the typical homeowner for occasional DIY tasks? Reviews (consumersearch.com, sweethome, etc) seem to suggest the answer is yes. For more dema...
by Rodc
Sat Apr 30, 2016 7:30 pm
Forum: Personal Consumer Issues
Topic: Women business clothes - what brands make the right impression?
Replies: 57
Views: 4838

Re: Women business clothes - what brands make the right impression?

My clothes do not define me. One of the unfortunate things is you do not get to decide this. Like all other creatures most humans do take in such signals, even you, and even if unconsciously. Everyone you run into in life, at work, at the store, in the neighborhood reacts to your clothes. Now they ...
by Rodc
Sat Apr 30, 2016 7:13 pm
Forum: Personal Consumer Issues
Topic: Dress Pants
Replies: 13
Views: 1617

Re: Dress Pants

I get all my dress pants from Kohls. I forget the exact brand, but they're made of a wrinkle free poly blend material and look nice for the price. Each pair has lasted me about 5 years of regular use. Why have you gained 15 pounds in 4 months? I'm trying to get stronger so eating lots of protein an...
by Rodc
Fri Apr 29, 2016 7:01 pm
Forum: Personal Consumer Issues
Topic: Women business clothes - what brands make the right impression?
Replies: 57
Views: 4838

Re: Women business clothes - what brands make the right impression?

Thank you again everybody for the great and non judgmental advice. I'll see where I end up after the Nordstrom appointment, maybe I will report back:-). Please do. I would be interested. I am a late career guy, so this is kind of new to me. But after reaching a certain level, and age, "looking...
by Rodc
Fri Apr 29, 2016 3:56 pm
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5764

Re: McKinsey report on diminishing returns

The average household income in the U.S. is about $52 Grand .... That does not leave a lot for invest-able assets. Especially if the household has a couple kids. Of course. That is one of the sad but true realities of a mostly capitalist society. Asking a family of 4 to save 20% of pre-tax income o...
by Rodc
Fri Apr 29, 2016 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 440
Views: 44909

Re: High Earners - What's Your Profession?

Engineer Easy way to clear 100k hurdle is to involve with the oilfield after getting any engineer degree. +1 I recommend the oil industry to pretty much anyone with a technical background - I've worked with everyone from engineering to physics to math backgrounds, even a few finance-backgrounded pe...
by Rodc
Fri Apr 29, 2016 3:32 pm
Forum: Personal Consumer Issues
Topic: Buying a New Car...Is it Unwise?
Replies: 68
Views: 5375

Re: Buying a New Car...Is it Unwise?

Hard to find really good deals on used Accords around here last I looked so I would personally buy new if I were buying. Given an 8 year old Acura that fit my basic needs with 92K I would not even blink at buying new tires and doing regular maintenance, or replacing the radio if needed, that is what...
by Rodc
Fri Apr 29, 2016 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Too Much in Retirement Accounts?
Replies: 35
Views: 4561

Re: Saving Too Much in Retirement Accounts?

If you are going to move in a couple of years buying a house might not be a good idea. Having roommates can be either a good idea or not depending on who you find - bit of a crap shoot. That said I rented houses with people some of who I did not really know first when I was your age and it worked fi...
by Rodc
Fri Apr 29, 2016 11:57 am
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5764

Re: McKinsey report on diminishing returns

I would say, as a person who is new to economics and markets, that , right. You are accounting for the idea that P/Es mean revert to 15. But you are just doing that. The article deals with, I'll call, macroeconomic changes compared to the last 30 yrs. But, with your 10, 20, and 30 yr. projections o...
by Rodc
Fri Apr 29, 2016 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Young Male Living with Parents
Replies: 83
Views: 4150

Re: Young Male Living with Parents

25 is not that old these days for living at home, though most are heading out around now. No need to rush out, but I would suggest you start laying plans to do so, and act on those plans well before your parents finally have had enough and tell you it is time. What works is different for different f...
by Rodc
Thu Apr 28, 2016 4:06 pm
Forum: Personal Consumer Issues
Topic: Buy used or new? Which of these small SUVs are best for families?
Replies: 36
Views: 2037

Re: Buy used or new? Which of these small SUVs are best for families?

Erica, in a town as small and remote as yours, you're just not likely to get very good deals on new vehicles, compared to folks in cities. What's the local Ford dealer's incentive to cut you a great deal? You're not likely to drive 6+ hours to some other Ford dealer. You MAY shop Chevy instead, but...
by Rodc
Thu Apr 28, 2016 3:55 pm
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5764

Re: McKinsey report on diminishing returns

I would also add that one can make a plan based one some more or less reasonable assumptions and adjust as follows. This does require living with a fair amount of discretionary income, but with a little luck and a professional career as many have here with an income that increases with time may work...
by Rodc
Thu Apr 28, 2016 3:38 pm
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5764

Re: McKinsey report on diminishing returns

I don't think you need to forecast expected returns for every 5 years or something fancy, but again, you need somewhat of a baseline assumption to help figure out a part of your "savings rate". Use the full market history, use the last 40 years, use CAPE, I don't really care, but you need...
by Rodc
Thu Apr 28, 2016 3:30 pm
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5764

Re: McKinsey report on diminishing returns

How do you know returns aren't -50% a year, or 300%? You must have some idea. Well with a compound growth rate of 300% over a life time the money supply would have to grow to be near infinite. So that is highly unlikely at least in real terms (see Wiemar Germany). Unfortunately -50%, indeed -100% c...
by Rodc
Thu Apr 28, 2016 2:14 pm
Forum: Personal Consumer Issues
Topic: Women business clothes - what brands make the right impression?
Replies: 57
Views: 4838

Re: Women business clothes - what brands make the right impression?

I suggest go to the personal shopper at Nordstrom. What you described is exactly their job. They will have their tailor make the clothes fit you. Personally I think a good fit is far more important than the name on the label. This. Saves effort and you don't have to become a fashion expert (unless ...
by Rodc
Thu Apr 28, 2016 1:40 pm
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5764

Re: McKinsey report on diminishing returns

Save 20% is probably good advice. I would call that a "prediction"; the genesis of 20% likely implicitly incorporated some predicted rate of return I would say no, but it depends on how one wants to define "prediction". It is simply a historical fact that saving 20% starting som...
by Rodc
Thu Apr 28, 2016 12:31 pm
Forum: Personal Consumer Issues
Topic: Car Seat for vacation car rental
Replies: 14
Views: 473

Re: Car Seat for vacation car rental

Many of those seats have removable backs if you want to just use it as a booster. This makes it much easier to travel with if you have to run across airports or something. If so makes it easier to take your own. That was our situation. You can buy a $20 booster seat if not, or do so first thing afte...
by Rodc
Thu Apr 28, 2016 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Are females just not interested in investing in general or is it just the women that I date?
Replies: 89
Views: 8793

Re: Are females just not interested in investing in general or is it just the women that I date?

What if our 6 yr old/80,0000 miles vehicle starts having problems and she is becoming tired of small fixes that we had to inconvenience ourselves for the past 3 months - and I try to convince her that these small fixes are nothing compared to a brand new $10,000 car loan, and that after these fixes...
by Rodc
Thu Apr 28, 2016 11:42 am
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5764

Re: McKinsey report on diminishing returns

How do you figure out how much to save and whether you have saved enough to retire without some prediction of market returns? I never thought about predicting future returns. I saved as much as I could, and I looked at past Market history to see how I would have fared based on my Asset Allocation. ...
by Rodc
Thu Apr 28, 2016 11:36 am
Forum: Investing - Theory, News & General
Topic: McKinsey report on diminishing returns
Replies: 91
Views: 5764

Re: McKinsey report on diminishing returns

Excellent report, thanks for posting it, Robert T. For financial planning, it seems prudent for investors, whether in the accumulation stage or the retirement stage, to use the slow-growth scenario (in orange below) — about 4.5% real return for stocks and 0% real return for bonds. There actually se...
by Rodc
Thu Apr 28, 2016 8:53 am
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 105
Views: 10887

Re: I Hate My Job: Politics at Work (Advice Needed)

I'm going to amend my position a little. Every organization has some politics. And yes you need to manage your career and that means having at least some modest awareness of the political and/or economic situation in which you find yourself. If you want to be CEO of a Fortune 500 company by age 40 y...
by Rodc
Wed Apr 27, 2016 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 105
Views: 10887

Re: I Hate My Job: Politics at Work (Advice Needed)

My advice is take some time for some serious self-reflection. This is going to come off as a bit harsh, but I mean it from a place of tough love: You sound like a bad employee and a bad coworker. I think you really need to reassess your strengths and weaknesses and try to re-orient your attitude to...
by Rodc
Wed Apr 27, 2016 2:30 pm
Forum: Personal Consumer Issues
Topic: Should I accept this offer on my house?
Replies: 52
Views: 3054

Re: Should I accept this offer on my house?

Hmm... It's an unusual situation. I'm surprised that your neighboring houses took years to sell, assuming they, too were really on the market, and at a reasonable price. It sounds like a very unusual market - a house well above the local averages, in a "company town", more or less, where ...
by Rodc
Wed Apr 27, 2016 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 105
Views: 10887

Re: I Hate My Job: Politics at Work (Advice Needed)

I'm getting a few advice of "do a good job and you'll be fine" - I'm afraid that's extremely naive. I have no assurances that if I do a good job my contract will be converted to a full-time employee. What I do have is a preponderance of evidence that it may not happen: Doing a good job in...
by Rodc
Wed Apr 27, 2016 1:27 pm
Forum: Personal Consumer Issues
Topic: Buy used or new? Which of these small SUVs are best for families?
Replies: 36
Views: 2037

Re: Buy used or new? Which of these small SUVs are best for families?

Thank you all for the replies! I don't have too much time to respond now but wanted to add my only child is under 1, so by the time a third comes along (and big IF on that happening) it would be about 6 years from now so conceivable that we'd get a car with a third row then. We also live in Alaska ...
by Rodc
Wed Apr 27, 2016 1:26 pm
Forum: Personal Consumer Issues
Topic: Buy used or new? Which of these small SUVs are best for families?
Replies: 36
Views: 2037

Re: Buy used or new? Which of these small SUVs are best for families?

More than two kids is the game-changer. Have to admit, that was a primary factor in us stopping at two - the logistics of that third child makes that really small home and car near impossible.


Not to mention you have to learn how to go from man-to-man defense to zone... :)
by Rodc
Wed Apr 27, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Buy used or new? Which of these small SUVs are best for families?
Replies: 36
Views: 2037

Re: Buy used or new? Which of these small SUVs are best for families?

As to used vs new: Hard but not necessarily impossible to find a good deal used. But may take some time and/or luck. There may be some ebb and flow in value of used cars as well - last time I looked a few years ago used gave very small discounts but it might be better now. Personally I have given up...

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