Search found 12813 matches

by Rodc
Mon Sep 26, 2016 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Cosigning a new car lease for sister out of state
Replies: 71
Views: 3424

Re: Cosigning a new car lease for sister out of state

yorkpond, the idea that you even seriously considered co-signing is a very bad sign. I suggest you think long and hard about why you would entertain such an idea and what it could lead to, and more importantly, as your sister will surely come back for some such favor again, where are your boundaries...
by Rodc
Mon Sep 26, 2016 5:28 am
Forum: Personal Finance (Not Investing)
Topic: Can adult child gift money back to parent?
Replies: 31
Views: 3460

Re: Can adult child gift money back to parent?

Of course they can. Happens all the time. They give kids money or buy things when they are starting out and later kids help parents with bills, assisted living, or take them on a cruise, or just pay them back because they can. As long as both parties are doing this of free will it is not a loan.
by Rodc
Fri Sep 23, 2016 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Pension Lump Sum - Age 32
Replies: 18
Views: 2115

Re: Pension Lump Sum - Age 32

How would you suggest I invest this 26,600 if I roll it into a traditional IRA but want to treat it more conservatively? Truthfully, if I could invest in EE bonds in a traditional Ira I would probably do that with this money. That way in 40 years (Age 72) I would have around 110k. Plus, after the f...
by Rodc
Fri Sep 23, 2016 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Pension Lump Sum - Age 32
Replies: 18
Views: 2115

Re: Pension Lump Sum - Age 32

Assuming something like historical returns on stocks and bonds over the next 33 years, and a pension return (includes return of capital) of 5%, this is about a wash. Given the odds the company goes out of business, pension goes bankrupt or any of the things that might go wrong over 33 years, I sugge...
by Rodc
Tue Sep 20, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Do you really need 2.5 million to retire well?
Replies: 247
Views: 38303

Re: Do you really need 2.5 million to retire well?

If you fill out the Optimal Retirement Planner, https://www.i-orp.com/, it will give you your retirement "Total Plan Value". Most people on this board probably exceed 2.5 M in "Total Plan Value" when taking into account SS, Pensions and Retirement Investment Portfolio. SS and Pe...
by Rodc
Tue Sep 20, 2016 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Do you really need 2.5 million to retire well?
Replies: 247
Views: 38303

Re: Do you really need 2.5 million to retire well?

FYI: http://www.nbcnews.com/business/consumer/do-you-really-need-2-5-million-retire-well-n321466 It seems like a large number for most people. If true, it sure seems like Bogleheads are best equipped to reach - and help others reach - that goal. If one simply read the article it says "Of cours...
by Rodc
Mon Sep 19, 2016 6:17 pm
Forum: Personal Consumer Issues
Topic: New hollow core door or shorten the one I have?
Replies: 26
Views: 1406

Re: New hollow core door or shorten the one I have?

Summarizing: Check the hinge screws are tight. If in doubt replace with longer screws driven with a power driver. This often does the trick. If not, try shimming the lower hinge. But this kicks the door a tiny bit off straight so might cause it to rub somewhere else. But easy to try so why not. Othe...
by Rodc
Mon Sep 19, 2016 2:47 pm
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 226
Views: 21483

Re: The Bogleheads' "100 Things Worth Every Penny" List

A penny is worth every bit of a penny.

I wonder if the saying should be updated to "worth every dollar" as a penny is almost has negative value as they are more trouble than they are worth, at least in small quantities.
by Rodc
Mon Sep 19, 2016 2:46 pm
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 226
Views: 21483

Re: The Bogleheads' "100 Things Worth Every Penny" List

doesn't fall in the living like a billionaire category but 2 things I've purchased in the last 20 years that were serious quality of life moves for me 1 irrigation system 2 weekly lanscape maintenance crew These 2 small things give me untold hours of available time to do other things now. The weath...
by Rodc
Mon Sep 19, 2016 11:30 am
Forum: Personal Consumer Issues
Topic: Did you have a Mid Life Crisis? [Consumer related]
Replies: 103
Views: 10058

Re: Did you have a Mid Life Crisis?

People who follow it frequently find that they are not as passionate about this activity as they have thought, and starting a passion-based activity frequently leads to a financial ruin. Victoria Seen this. It is one thing to enjoy an activity part time as you feel like it, but much different once ...
by Rodc
Mon Sep 19, 2016 9:46 am
Forum: Personal Consumer Issues
Topic: Fun Vacations v. Time with Family
Replies: 38
Views: 3598

Re: Fun Vacations v. Time with Family

Hello, I tend to spend at least 1 week of my PTO every year with two family members from opposite sides of the family, respectively. He is in his 90's and is in good health, and she is in her 60's in not so good health. I typically get about 2 weeks of PTO per year, which increases slightly each ye...
by Rodc
Mon Sep 19, 2016 9:34 am
Forum: Personal Consumer Issues
Topic: Did you have a Mid Life Crisis? [Consumer related]
Replies: 103
Views: 10058

Re: Did you have a Mid Life Crisis?

People who follow it frequently find that they are not as passionate about this activity as they have thought, and starting a passion-based activity frequently leads to a financial ruin. Victoria Seen this. It is one thing to enjoy an activity part time as you feel like it, but much different once ...
by Rodc
Mon Sep 19, 2016 8:37 am
Forum: Personal Consumer Issues
Topic: Updated: yet another fitness thread
Replies: 68
Views: 6194

Re: Updated: yet another fitness thread

I'm 64. For decades I ran 5 days week for 30 minutes. I began to develop many minor foot issues and was advised a year ago to switch cardio training. I went to elliptical machine for 5 days a week for 30 minutes seems to be a great workout when coupled with a stretching program. I utilize Planet Fi...
by Rodc
Sun Sep 18, 2016 8:24 pm
Forum: Personal Consumer Issues
Topic: Updated: yet another fitness thread
Replies: 68
Views: 6194

Re: yet another fitness thread

2) Maintain as high a level of fitness for hiking and climbing as possible. This includes a mix of endurance and strength, as well as balance and flexibility. My overall mix of workouts targets each of those items. In this thread I am asking about the strength part, but overall I am after this mix....
by Rodc
Sun Sep 18, 2016 7:55 pm
Forum: Personal Consumer Issues
Topic: Did you have a Mid Life Crisis? [Consumer related]
Replies: 103
Views: 10058

Re: Did you have a Mid Life Crisis? [Consumer related]

My wife says my mid-life crisis was twins.

I love them anyway and kids keep you young.

I hope.
by Rodc
Sun Sep 18, 2016 7:51 pm
Forum: Personal Consumer Issues
Topic: major remodel: regrets or things you'd do again
Replies: 68
Views: 6851

Re: major remodel: regrets or things you'd do again

Make sure the addition really fits architecturally: don't ruin the house for all eternity. Learn to make snap decisions. Many big jobs take forever because the client can't make up their minds when a decision comes up that needs an answer. Really take to heart the idea that no house is perfect. If t...
by Rodc
Mon Sep 12, 2016 7:23 pm
Forum: Personal Consumer Issues
Topic: Best Flashlight to keep in home for emergency
Replies: 56
Views: 3604

Re: Best Flashlight to keep in home for emergency

I don't know if you're an outdoorsy individual or not, but I have a decent black diamond headlight that I would rely on in an emergency, but I primarily use it for camping. It has different lighting modes, it's hands free, and perfect for all types of situations, emergency or not. + 1. Really long ...
by Rodc
Thu Sep 01, 2016 6:08 am
Forum: Personal Finance (Not Investing)
Topic: retirement readiness = residual living expenses + funding the gap?
Replies: 45
Views: 3987

Re: retirement readiness = residual living expenses + funding the gap?

This does not need to be complicated. If you will get $25K a year, or whatever in SS, starting in say 6 years, then you need 6X25=$150K to cover the gap. If you have $750K in retirement savings, this means you have $600K to go towards a lifetime income and $150K to cover the gap. If you want to use ...
by Rodc
Fri Aug 26, 2016 3:50 pm
Forum: Personal Consumer Issues
Topic: Sony RX 100 IV camera
Replies: 14
Views: 935

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: 3088

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: 3610

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: 453

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: 7315

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: 1381

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: 2459

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: 300
Views: 39459

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: 1381

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: 2565

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: 4125

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: 2200

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: 4125

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: 4125

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: 39
Views: 3382

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: 4125

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: 39
Views: 3382

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: 2200

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: 7315

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: 300
Views: 39459

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: 4125

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: 7315

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: 5869

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: 4125

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: 7315

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: 7315

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: 4125

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: 4125

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: 3735

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: 6043

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: 7315

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: 4125

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 ...

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