Search found 12795 matches

by Rodc
Fri Aug 26, 2016 3:50 pm
Forum: Personal Consumer Issues
Topic: Sony RX 100 IV camera
Replies: 14
Views: 825

Re: Sony RX 100 IV camera

I thought point and shoot cameras went the way of 35mm film and 8-tracks. I gave all mine to the kids and just use the camera on my smart phone these days. Big difference between the Sony and other high dollar high quality small cameras vs cheap point and shoot and phones. But if the phone works fo...
by Rodc
Fri Aug 26, 2016 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Neighbor Is Blaming Me For Their Electrical Problems
Replies: 19
Views: 2950

Re: Neighbor Is Blaming Me For Their Electrical Problems

jaqueisse wrote:Hire an inspector / exterminator to evaluate own and possibly neighbor dwellings. If rodents and leaky roof are x's fault, X pays some or all of the bills to keep the peace. If not fault of X's property, show them copy of the report. Let neighbor know renovations underway.


+1
by Rodc
Wed Aug 24, 2016 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Did you use Real Estate to build wealth?
Replies: 45
Views: 3346

Re: Did you use Real Estate to build wealth?

Foundation? No. Our house has in 23 years tripled in value. I could sell it in retirement and move somewhere much cheaper and net a solid amount of cash, could get a reverse mortgage to unlock wealth, could sell to fund a CCRC or assisted living. Or continue to live here until we pass away and leave...
by Rodc
Tue Aug 23, 2016 9:20 am
Forum: Investing - Theory, News & General
Topic: Long‑Maturity TIPS in Retirement Portfolios
Replies: 3
Views: 420

Re: Long‑Maturity TIPS in Retirement Portfolios

That is one reason why all my TIPS are long duration.

Plus I do not worry much about inflation in the short term. It is the long term compounding of inflation I worry about.
by Rodc
Tue Aug 23, 2016 9:18 am
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 6795

Re: Are there other reasons besides volatility to avoid 100% equities?

Note that inflation was the historical problem of intermediate nominal bonds; not losses or drawdowns (in nominal terms). Bonds delivered their coupons as promised and matured at face value. If one was to use an intermediate duration TIPS fund, which exists today, there would not be any possibility...
by Rodc
Tue Aug 23, 2016 5:32 am
Forum: Investing - Theory, News & General
Topic: Asset allocations and sustainable withdrawal rates
Replies: 16
Views: 1283

Re: Asset allocations and sustainable withdrawal rates

:confused Looks like max is more like 40% to 80% with a distinct drop off by 100%. You're talking about the SAFEMAX, the maximum SWR which has never failed historically in the US is indeed around 40-80% equities. I was referrring to the first graph, which shows the SWR of different allocations at d...
by Rodc
Mon Aug 22, 2016 8:14 pm
Forum: Investing - Theory, News & General
Topic: The power of investing early VS. Dollar cost averaging
Replies: 29
Views: 2380

Re: The power of investing early VS. Dollar cost averaging

Those are both dollar cost averaging.

Over the course of a lifetime likely better to dollar cost average 1st of the year vs 1st of the month. You get more time in the market vs a little less time smoothing.
by Rodc
Mon Aug 22, 2016 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 262
Views: 29396

Re: Self-made Millionaires: how did hitting 7 figures change you?

2) Everyone I know who's older than me, regardless of their financial situation, says, "If you have your health, that's all that really counts". We can do a lot more about our future health and fitness (though some matters are beyond our control) than we can about our future wealth yet pe...
by Rodc
Mon Aug 22, 2016 6:47 pm
Forum: Investing - Theory, News & General
Topic: Asset allocations and sustainable withdrawal rates
Replies: 16
Views: 1283

Re: Asset allocations and sustainable withdrawal rates

And yet, looking at the graphs in the link, it appears that in the vast majority of retirement periods over the last 100 years, a 100% equity portfolio has allowed the highest SWR. :confused Looks like max is more like 40% to 80% with a distinct drop off by 100%. But there are only 3 independent no...
by Rodc
Mon Aug 22, 2016 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for Children
Replies: 32
Views: 2396

Re: Planning for Children

It may be too late, but don't have a kid until one year after close relatives and friends have a kid. That way, you get ALL the baby hard goods for free. Seriously. That even means cribs, car seats, etc. We did this backwards. Next door neighbors on both sides did it in the correct order. :oops:
by Rodc
Mon Aug 22, 2016 4:31 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

We never bothered with half that stuff, whether flying or driving. Often even if you do need it someone local can lend it to you. Marketing has convinced parents they need all that stuff 24/7. Of the stuff I listed, which 4 items would you not "bother with?" Which of these items do you fe...
by Rodc
Mon Aug 22, 2016 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Being OK with sacrificing current enjoyment for future freedom?
Replies: 24
Views: 2091

Re: Being OK with sacrificing current enjoyment for future freedom?

This is probably one of the hardest financial planning questions. Most textbooks suggest that people attempt to smooth their consumption over time. Obviously this is very hard to target since future earnings/returns are unknown, but it does create a hard limit: if your investments safely produce mo...
by Rodc
Mon Aug 22, 2016 2:10 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

Reading this thread is a real eye-opener. If it were just me (and possibly other adults) making this trip, I'd do it all in one day. At 70mph, that's 14 hours. Stop twice for gas and bathroom no more than 10 minutes each stop. A long day, sure, but definitely doable. Do kids really need to stop eve...
by Rodc
Mon Aug 22, 2016 2:09 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

Reading this thread is a real eye-opener. If it were just me (and possibly other adults) making this trip, I'd do it all in one day. At 70mph, that's 14 hours. Stop twice for gas and bathroom no more than 10 minutes each stop. A long day, sure, but definitely doable. Do kids really need to stop eve...
by Rodc
Mon Aug 22, 2016 1:20 pm
Forum: Personal Consumer Issues
Topic: Subaru - New 2016 or Used 2014 (25k miles)
Replies: 29
Views: 2079

Re: Subaru - New 2016 or Used 2014 (25k miles)

Everyone's comparing the rock bottom dealer price new with the used asking price. That's not right. I might even float $16k for the used. What do you have to lose? Tell them you need to know quickly or else you will take an offer on the new one. JT Sure. Nothing much to lose. If there is a price th...
by Rodc
Mon Aug 22, 2016 1:16 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

Another vote for either flying/renting a car or asking the grandparents to do the traveling. Can't think of a single advantage that driving that distance with a toddler and infant would confer. Can't think of a single advantage? With two kids that age, you are going to be bringing a LOT of stuff wi...
by Rodc
Mon Aug 22, 2016 11:39 am
Forum: Personal Consumer Issues
Topic: Subaru - New 2016 or Used 2014 (25k miles)
Replies: 29
Views: 2079

Re: Subaru - New 2016 or Used 2014 (25k miles)

While some cars will go farther than 150K miles, especially with maintenance, I think it is a mistake to count on it. So this used car is about 17% used up. The best 17%. I would want maybe a 25% drop in price. Certainly 20% drop to even begin to think about it. So $22K would become something like $...
by Rodc
Mon Aug 22, 2016 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Being OK with sacrificing current enjoyment for future freedom?
Replies: 24
Views: 2091

Re: Being OK with sacrificing current enjoyment for future freedom?

All too often life is shorter than hoped, or health goes early even if life does not. Even if you do have a long healthy life time is precious - try not to waste it. You need balance. Balance is always hard to figure out. Part of the key to make sure you know what is really important and what is mod...
by Rodc
Mon Aug 22, 2016 8:56 am
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 6795

Re: Are there other reasons besides volatility to avoid 100% equities?

There are no doubt periods were stock returns were very bad. But there were also periods of very bad bond returns, and those periods too are real world results. If you think Japan in the 1940s is too extreme to be a valid example, there are plenty of others. Indeed. If we look at the two countries ...
by Rodc
Mon Aug 22, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 262
Views: 29396

Re: Self-made Millionaires: how did hitting 7 figures change you?

I should clarify too that I don't subscribe to ageism. That is all well and good. Kind of like saying "I don't subscribe" to racism or the fact that is is harder for kids with uneducated poor parents to get through college. On the one hand that is a good "I can get this done" at...
by Rodc
Sun Aug 21, 2016 7:44 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

I once with two friends drove straight shot DC to Denver. In the winter. And back again a week later. A couple of years earlier I drove, with only one real break of a couple of hours at Old Faithful, straight shot Washington State to Washington DC with my dad. Since all people have the same ability ...
by Rodc
Sun Aug 21, 2016 7:28 pm
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 6795

Re: Are there other reasons besides volatility to avoid 100% equities?

If you have a LONG time horizon and you are putting ANY amount of money into bonds then you are effectively betting that bonds will outperform stocks over your LONG time horizon. But if you're making that bet why not do it w/ all your money? That is clearly a logical fallacy. If you think stocks ha...
by Rodc
Sun Aug 21, 2016 6:20 pm
Forum: Personal Consumer Issues
Topic: Winter Tires: Yay or Nay
Replies: 105
Views: 5546

Re: Winter Tires: Yay or Nay

Ok, you all have convinced me. The tiretrack thing where I can just get mounted tires delivered is great. Have to figure out where to store the tires but will find a place. Wife has a new Subaru so really the long term cost is just the rims and at TireTrack the are pretty affordable. I have an older...
by Rodc
Sun Aug 21, 2016 6:11 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

We've done many long road trips with our now 4.5yr old and 15-month old...in a 2-door Hyundai accent hatchback. The last was a week trip to visit my brothers in California, about 650 miles each way. People wonder how we get by day-to-day with two kids and only one, very small, car, let alone make w...
by Rodc
Sun Aug 21, 2016 4:14 pm
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 6795

Re: Are there other reasons besides volatility to avoid 100% equities?

There are no doubt periods were stock returns were very bad. But there were also periods of very bad bond returns, and those periods too are real world results. If you think Japan in the 1940s is too extreme to be a valid example, there are plenty of others. Indeed. If we look at the two countries ...
by Rodc
Sun Aug 21, 2016 4:13 pm
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 6795

Re: Are there other reasons besides volatility to avoid 100% equities?

There are no doubt periods were stock returns were very bad. But there were also periods of very bad bond returns, and those periods too are real world results. This is why it probably is prudent to diversify your risks, and hold some stocks and some fixed income, and maybe some real estate too. Ev...
by Rodc
Sun Aug 21, 2016 3:59 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

Wow! Suggestions include stopping every 2-3 hours for the kids. That is not even a tank of gas. Plenty of added time there in an overall trip. Those miles will seem like 2000 miles. And take as long. Another suggestion was drive at night. What! That has got to be an added danger. Especially conside...
by Rodc
Sun Aug 21, 2016 3:33 pm
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

best advice, if the kids are sleeping drive like the wind. I don't care what stop you had planned or if an adult needs to go to the bathroom, you keep driving ... fast


:happy Yep!
by Rodc
Sun Aug 21, 2016 3:27 pm
Forum: Investing - Theory, News & General
Topic: Time Diversification - bottom line, what do you do?
Replies: 41
Views: 3597

Re: Time Diversification - bottom line, what do you do?

I think every few years you should carefully examine your goals, ability to handle risk both emotionally and as far as saving more if needed to get back on track, consider how your career is going and how viable your job is, do you think income will go up, down stay the same, and do you want to try...
by Rodc
Sun Aug 21, 2016 10:54 am
Forum: Personal Finance (Not Investing)
Topic: A quick poll--pension annuity vs. lump sum
Replies: 67
Views: 5961

Re: A quick poll--pension annuity vs. lump sum

This is really a question that is very dependent upon the specific pension payout situation (health of plan sponsor, payout rate, term until vested retirement, COLA or non-COLA, etc.), health of the prospective pensioner and survivorship, the percentage of the retirement portfolio the pension repre...
by Rodc
Sun Aug 21, 2016 9:08 am
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 6795

Re: Are there other reasons besides volatility to avoid 100% equities?

The one way this is not true, is in some sense anyone with a mortgage is "leveraged" in the sense that borrowing for a house frees up a lot of cash that would otherwise be locked up either in a savings account or something while they save to pay cash, or if they have the money using a mor...
by Rodc
Sun Aug 21, 2016 6:46 am
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

My only tip is to drive at night as much as possible while kids are asleep. how many hours is 1000 miles? Two 8-hour days? You can do it. Run them ragged then drive from 4pm to midnight, hopefully they fall asleep by 6pm and you have six hours of blissful silence and no traffic. I like 4am to noon ...
by Rodc
Sun Aug 21, 2016 6:38 am
Forum: Personal Consumer Issues
Topic: Tips for a 1000 miles car trip with toddler and baby
Replies: 100
Views: 3721

Re: Tips for a 1000 miles car trip with toddler and baby

Toddler will likely need a break every couple of hours. Stop at a rest area and play chase me or something. Maybe rotate seats. My mom would not drive on the highway so when we did this as a kid dad drove. Stopped every couple of hours, got out ran around for 10 minutes, everybody shifted one seat o...
by Rodc
Sat Aug 20, 2016 4:47 pm
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 6795

Re: Are there other reasons besides volatility to avoid 100% equities?

I very rarely hold 100% equity in Discretionary trading accounts because I never know when a new opportunity comes in being. Being fully invested means you have sell something in order to buy. That's one more decision that I don't want to make... I only a single buy decision or a single sell decisi...
by Rodc
Sat Aug 20, 2016 2:08 pm
Forum: Personal Consumer Issues
Topic: What is your system for dealing with coins?
Replies: 119
Views: 6827

Re: What is your system for dealing with coins?

I do not carry coins often these days nor use cash very often, like many above. When I do, if the change is small I might drop it in the tip jar if there is one just to get rid of them. Otherwise I pay with bills and coins in such a way as to minimize coins returned to me. Not hard and doing a littl...
by Rodc
Sat Aug 20, 2016 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawal method proposal -- Part 2: Implementation
Replies: 32
Views: 2356

Re: 4% withdrawal rate justification

Using the 4% initial withdrawal rate appears to have no justification. Why not 2%? Or 10%? Aloha Joe: For the annual data between 1926 and 1995, the Trinity Studies found that a portfolio consisting of 50% large-capitalization stocks and 50% high-grade long-term corporate bonds would have provided ...
by Rodc
Sat Aug 20, 2016 1:34 pm
Forum: Investing - Theory, News & General
Topic: Are there other reasons besides volatility to avoid 100% equities?
Replies: 115
Views: 6795

Re: Are there other reasons besides volatility to avoid 100% equities?

Two questionable things about most "why not 100% stocks" posts, including this one: a) The unexplained magnetism of the round number. If you believe your risk tolerance is high enough, is no possible justification for not considering some leverage. You can get into a further discussion ab...
by Rodc
Sat Aug 20, 2016 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawal method proposal -- Part 2: Implementation
Replies: 32
Views: 2356

Re: Withdrawal method proposal -- Part 2: Implementation

I don't really get the point of ever more elaborate schemes based on backtesting. That is a complicated scheme set up in advance that one thinks might be something to follow for 30 years or so. Life is full of uncertainties. If markets do well you may never spend as much as you could. If they do poo...
by Rodc
Sat Aug 20, 2016 5:30 am
Forum: Investing - Theory, News & General
Topic: How do you approximate total stock index using S&P 500, mid, and small cap?
Replies: 6
Views: 724

Re: How do you approximate total stock index using S&P 500, mid, and small cap?

First reply is right on. Consider that an S&P 500 fund does a remarkable job of approximating the total market all by itself. So even if for some reason you think it is important to improve the approximation worrying about getting closer than 80/10/10 is a waste of effort. The percentages change...
by Rodc
Fri Aug 19, 2016 9:35 pm
Forum: Personal Consumer Issues
Topic: vacation ideas - October
Replies: 42
Views: 3220

Re: vacation ideas - October

If you don't mind flying, consider Hilton Head. You can fly into Savannah and drive an hour north to HH or if you can spend a little more you can fly American into Hilton Head's two gate airport. From the Island, downtown Savannah is about an hour away. Charleston is about two plus hours away. Grea...
by Rodc
Fri Aug 19, 2016 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Self-drafting prenuptial agreement in CA
Replies: 17
Views: 1168

Re: Self-drafting prenuptial agreement in CA

If you have enough to need a prenup you have enough to get it done right. IMHO.

If not then why bother?
by Rodc
Fri Aug 19, 2016 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 262
Views: 29396

Re: Self-made Millionaires: how did hitting 7 figures change you?

My first post here so hope you guys don't mind a silly question. If you're married, does this mean you aren't a millionaire until net worth hits $2m since there's 2 people? Just asking because my wife & I are in between 1 and 2. This and similar topics pop up not infrequently (look at any "...
by Rodc
Fri Aug 19, 2016 5:29 pm
Forum: Investing - Theory, News & General
Topic: Time Diversification - bottom line, what do you do?
Replies: 41
Views: 3597

Re: Time Diversification - bottom line, what do you do?

If OP or anyone else wants a meaningful answer they need to provide a carefully defined question. My question is, should I gradually reduce the equity portion of my portfolio over time? Or should I do what I am doing now which is, maintain my asset allocation which is based on the maximum I'd be co...
by Rodc
Fri Aug 19, 2016 5:15 pm
Forum: Personal Consumer Issues
Topic: Slightly Overwhelmed on Home Maintenance Issues
Replies: 45
Views: 4494

Re: Slightly Overwhelmed on Home Maintenance Issues

HVAC only lasting 10 years???? Really? Maybe forced air furnaces die that quick but hot water systems tend to last a lot longer. Ive lived in apartment houses with boilers as old as my father... that's an outlier of course but 30+ years is not at all unusual if they are maintained well. Boilers?! I...
by Rodc
Fri Aug 19, 2016 3:45 pm
Forum: Personal Consumer Issues
Topic: Slightly Overwhelmed on Home Maintenance Issues
Replies: 45
Views: 4494

Re: Slightly Overwhelmed on Home Maintenance Issues

HVAC only lasting 10 years???? Really? Maybe forced air furnaces die that quick but hot water systems tend to last a lot longer. Ive lived in apartment houses with boilers as old as my father... that's an outlier of course but 30+ years is not at all unusual if they are maintained well. Boilers?! I...
by Rodc
Fri Aug 19, 2016 3:35 pm
Forum: Personal Consumer Issues
Topic: Favorite Restaurant Stop on Road Trips
Replies: 142
Views: 8918

Re: Favorite Restaurant Stop on Road Trips

Rule #1: I can see the restaurant before I get off the highway. Too many times, I see the sign, get off and it's 7 miles away. No thanks. Other than that, any chain is fine. I know McDonalds isn't good, but I know what it is. Subway is my first choice, but when it's time to get food...... If I'm dr...
by Rodc
Fri Aug 19, 2016 3:34 pm
Forum: Personal Consumer Issues
Topic: Favorite Restaurant Stop on Road Trips
Replies: 142
Views: 8918

Re: Favorite Restaurant Stop on Road Trips

flyingbison wrote:Just about any brewpub.


Best for the end of the day, not lunch. :)

But agree a local brewpub is usually a good find.
by Rodc
Fri Aug 19, 2016 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 262
Views: 29396

Re: Self-made Millionaires: how did hitting 7 figures change you?

BogleBoogie wrote:Depending on how you are invested, you may be a 600 thousand-aire tomorrow so I wouldn't give it much thought or weight.


That is one reason I did not get more excited. I may hit my first million more than once. :)
by Rodc
Fri Aug 19, 2016 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 262
Views: 29396

Re: Self-made Millionaires: how did hitting 7 figures change you?

We are hovering around the magic number and it is a big deal. Plus, we truly are the definition of self-made: no inheritance, one income (never made more than $85k), military service (mommy and daddy did not pay for college), no help on home purchase, etc. I'll have to give my wife the bad news ton...
by Rodc
Fri Aug 19, 2016 2:09 pm
Forum: Personal Consumer Issues
Topic: Instant oatmeal vs "regular" oatmeal
Replies: 51
Views: 3309

Re: Instant oatmeal vs "regular" oatmeal

Just saw the Dr Pepper idea.

The scouts are going to love that idea. They will try just about anything that involves cooking with Dr Pepper.

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