Search found 518 matches

by Shallowpockets
Tue May 01, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: Allocating to last year's S&P (joke? riddle? paradox?)
Replies: 47
Views: 3284

Re: Allocating to last year's S&P (joke? riddle? paradox?)

Answer to your question is no, you,can't. If you could have, you would have. And so would others. Maybe there is a financial seminar out there, free demos with free lunch. Get your invite postcard in the mail. No obligation. Perhaps Groundhog Day (the movie) can be applied to that trailing years S a...
by Shallowpockets
Sun Apr 29, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance, do we need it and how?
Replies: 23
Views: 2504

Re: Health insurance, do we need it and how?

First, do you have cancer? Because that is a far fetched concern if you do not. You could substitute any calamity for that word and worry abkut it. The most common form of medical care for tourists is motor vehicle accidents. They come in all different sizes, scratches to coma. It would be good to k...
by Shallowpockets
Fri Apr 27, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Traveling to Asia-need advice
Replies: 46
Views: 3536

Re: Traveling to Asia-need advice

I would tell him to leave the phone at home. It's not much of a travel learning experience if you are calling back to mom and dad for advice and problem solving. Or even to talk. Using a phone is a link to lean on. He only needs a wifi enabled device to connect for information.
by Shallowpockets
Fri Apr 27, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Deck - Best Method of Treatment
Replies: 28
Views: 4427

Re: Deck - Best Method of Treatment

It was a pain to redo deck. Not worth the effort. Wait for the right weather window. Make sure you clean it very well first. What product? Sprayers, rollers, brushes. On and on. So. I have a redwood deck 20 years old, sun and snow in Colorado. Nothing on it since I gave up with what appears to be un...
by Shallowpockets
Tue Apr 17, 2018 9:40 pm
Forum: Personal Consumer Issues
Topic: Lessons learned with Booking.com and VRBO
Replies: 13
Views: 3083

Re: Lessons learned with Booking.com and VRBO

I use booking.com fro the ease of price comparison, info on the hotel, reviews, and the map feature. Can you get a better price through the hotel direct? Maybe, but that entails a phone or email message. Asking about the price. Which room do you mean, etc. a lot of extra work. I have added days to a...
by Shallowpockets
Sun Apr 15, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Cruises: How to Value Onboard Credit
Replies: 29
Views: 1702

Re: Cruises: How to Value Onboard Credit

You have a $209 upfront better price between B and C. So the real problem here is reduced to a $41 consideration for onboard credits. If you take the deal with $245 credit you will be roaming the ship looking at how to apply that to your best advantage. A sort of manufactured spending. So, $41. Ther...
by Shallowpockets
Sun Apr 15, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Use 25k From Brokerage Account For Investment Property?
Replies: 29
Views: 2354

Re: Use 25k From Brokerage Account For Investment Property?

NO. Most BHs would advise against rental property. You are not doing a rental of a second home you already had. You are stepping right into a speculative investment based on, yes, optimistic numbers. With your optimistic numbers you are going to reap $550 a month. Is your financial life really going...
by Shallowpockets
Sun Apr 15, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Yellowstone time needed
Replies: 22
Views: 2329

Re: Yellow Stone time needed

Not worth it considering the driving time and short stay. If you show up in Yellowstone without a place to stay, you will not have a place to stay. Plan for a place to stay if you can even get one now. There are very frequent posts here on BH regarding vacations with timeframes and driving distances...
by Shallowpockets
Fri Apr 13, 2018 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Benefits of using CPA for taxes
Replies: 14
Views: 1765

Re: Benefits of using CPA for taxes

Seems like you are doing a lot of work on your taxes. Second guessing the CPA, checking your return. May as well do the whole thing yourself. Sure, your in laws are happy with this CPA, they never check so they do not even know if all is best on their tax return. They may be missing or have missed s...
by Shallowpockets
Fri Apr 13, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: The "mechanics" of retiring
Replies: 20
Views: 3906

Re: The "mechanics" of retiring

Your desire to do ACA for your insurance will complicate your plans for the 72t. You need to know the upper limits. You may need to know your lower limit too if you live in a state where you could default to medicaid if below a limit. Someone I know does this and she has to create a taxable income a...
by Shallowpockets
Thu Apr 12, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Help with shared child being spoiled
Replies: 46
Views: 4058

Re: Help with shared child being spoiled

I am kind of surprised also that the age of this child is 13. Starting the age of "me and my needs". Learning manipulation. Keep up with the other teens. There will be good times ahead, financed with OPM (other people's money). There is no Bogleheaded future with this behavior. In 13 more years he w...
by Shallowpockets
Wed Apr 11, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Am I being unreasonable? [Send daughter to private kindergarten]
Replies: 70
Views: 4115

Re: Am I being unreasonable?

TWENT THOUSAND DOLLARS, for kindergarten Is this a serious post? I cannot even imagine it. What is your child going to do, stack gold bricks? Draw with a platinum crayon? Is this just a status symbol for your wife? Remember, it is kindergarten. Which is essentially day care and learning how to get a...
by Shallowpockets
Tue Apr 10, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want to sell house to save their business
Replies: 14
Views: 1728

Re: Parents want to sell house to save their business

Aren't they embarrassed to have to ask you and other family members for money to support this failing business? Maybe they are more embarrassed to say their business failed then they are to ask for money. I don't believe there is any moral requisite on your part to support your parents in this endea...
by Shallowpockets
Mon Apr 09, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 3803

Re: Active Adult Retirement Communities

It sounds good until you only run into old people, everywhere. Never see anyone young in the community. Kind of a lost land. I already go to a gym that has a lot of old people. I am 67. If I had to actually live around these poeple, I don't think I could take it. Too cloistered. I like seeing the ki...
by Shallowpockets
Mon Apr 09, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: Cheap Caribbean [add-flights, cut price in half... too good to be true?]
Replies: 28
Views: 2144

Re: Cheap Caribbean [add-flights, cut price in half... too good to be true?]

We have used them five times. Always things have gone just fine. Make sure you look at the airfare and routing. They will have options, nonstop, one stop, two stops. This is the airlines though, getting it through Cheap Caribbean. I don't know how their prices are what they are. I don't question it ...
by Shallowpockets
Mon Apr 09, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Regrets of the frugal and dying?
Replies: 62
Views: 8841

Re: Regrets of the frugal and dying?

Gee, I should have worked longer. This is the classic sarcastic line for a tombstone. Lots of regrets may be tied to not retiring sooner. Especially in this day and age. Relationships, time is needed for that. Travel, time is needed for that. Family, time is needed for that. Bucket list, time is nee...
by Shallowpockets
Mon Apr 09, 2018 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Structuring Newlywed Finances for Fairness and Less Arguments
Replies: 84
Views: 6314

Re: Structuring Newlywed Finances for Fairness and Less Arguments

We are a couple of 32 years together. We have always done mine, hers, ours. All earned money went to our seperate savings accounts. In fact, I never even knew exactly what her salary was. We share a checking account, but this is pass through for paying bills. We notify each other of what we owe on e...
by Shallowpockets
Sun Apr 08, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: Travel Rewards/Prague/Budapest
Replies: 14
Views: 845

Re: Travel Rewards/Prague/Budapest

Curious how you earn 50,000 points a month.
by Shallowpockets
Sun Apr 08, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: Can Big Tech Stocks Grow Without Limits?
Replies: 38
Views: 3100

Re: Can Big Tech Stocks Grow Without Limits?

Berkshire Hathaway is really not a company stock so much as a holding company. A fund. So I think it is not in the mix of a stock upper price point consideration.
by Shallowpockets
Sun Apr 08, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: Help Me Make The Case Against Online Trading Academy
Replies: 33
Views: 2483

Re: Help Me Make The Case Against Online Trading Academy

It's funny how it is a BH thing to advocate index funds and to be skeptical of annuities and we see people offering opinions on those to others on the forum, but outside of that it is mind your own business. It is like we will offer opinions anonymously on the forum but avoid it face to face. No tro...
by Shallowpockets
Sat Apr 07, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Can Big Tech Stocks Grow Without Limits?
Replies: 38
Views: 3100

Re: Can Big Tech Stocks Grow Without Limits?

How high can a stock PRICE go? Priceline is currently at $1905 and has been over $2000. So what is the upper limit on a stock price? I am interested because I own Amazon stock. Is there a price limit based on the price alone being unattractive due to people only being able to afford a few shares? Ma...
by Shallowpockets
Sat Apr 07, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: Help Me Make The Case Against Online Trading Academy
Replies: 33
Views: 2483

Re: Help Me Make The Case Against Online Trading Academy

And visions of sugarplums danced in his head. Tell him you certainly don't need to pay thousands to learn about this. He could start with books. Go at his own pace. This presentation he will go to will cost him upfront and it will pump him all up. Not a good thing. It is like an annuity presentation...
by Shallowpockets
Sat Apr 07, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: What would an extra $2000 in cash flow mean for a large family?
Replies: 58
Views: 4245

Re: What would an extra $2000 in cash flow mean for a large family?

You said regarding kids, maybe one or two more.
You are going to need that extra money for that.
by Shallowpockets
Sat Apr 07, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 14797

Re: Parents have zero savings. What can I do?

Next time it even comes up and they make remarks as you say they do, set the tone by saying, "I hope you have something planned because we are not in any position to help." Saying that will be something you can quote back in the future should they come to you with hands out. They must be living on s...
by Shallowpockets
Sat Apr 07, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Any advice for 1st time landlord
Replies: 42
Views: 3417

Re: Any advice for 1st time landlord

Looks like your rental is already a headache with your post on here for assistance. In that case, should we conclude that stock and bond investing is a huge headache, based on the thousands and thousands of posts on this board asking for assistance with that? Touché Quite so. Still, there is an end...
by Shallowpockets
Fri Apr 06, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Second home [buy with retirement funds?]
Replies: 51
Views: 3121

Re: Second home [buy with retirement funds?]

One of my friends has a partial ownership at an upscale place in Lake Placid. He is there now. But he is never there for the good seasons because that is when the rentals are best. So he has this great place but he only uses it during the less than best seasons. In other words, the rental aspect of ...
by Shallowpockets
Fri Apr 06, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: Want/need some income in semi-retirement
Replies: 90
Views: 6689

Re: Want/need some income in semi-retirement

While we live in a high cost of living area, our COL is not that high. Our Medicare medical costs are very good (compared to the average) and we live in out home of many decades. We get real estate tax exemption and put low mileage on older cars. Might be best to look at what you spend and reduce t...
by Shallowpockets
Fri Apr 06, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Second home [buy with retirement funds?]
Replies: 51
Views: 3121

Re: Second home [buy with retirement funds?]

Three months in winter at your new condo and a few weeks in the summer. Would that be prime months for the rental? Your prime months in the winter for rental might mean you would need to go back to Vail twice, or else forgo the high rent season. Prime rental I would imagine is November - January. De...
by Shallowpockets
Fri Apr 06, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: What to do?
Replies: 8
Views: 828

Re: What to do?

Better to have educated yourself and then, maybe, gotten the financial advisor. You can get a good education on BHs. If you look at threads on FI you would have seen that they are overall seen as a negative influence on your investments. Better late here than never. But now, the learning from experi...
by Shallowpockets
Fri Apr 06, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Any advice for 1st time landlord
Replies: 42
Views: 3417

Re: Any advice for 1st time landlord

Looks like your rental is already a headache with your post on here for assistance.
by Shallowpockets
Fri Apr 06, 2018 7:38 am
Forum: Personal Consumer Issues
Topic: Tequila and Magaritas
Replies: 59
Views: 4618

Re: Tequila and Magaritas

Unless you drink alone, margaritas are all about the ambiance. The exact tequila you use is not as important as the people you drink it with.
by Shallowpockets
Thu Apr 05, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: Should I get travel insurance?
Replies: 8
Views: 1012

Re: Should I get travel insurance?

Many times you can add travel insurance when you book your tickets. Just click the box and it will be added to the cost of your tickets. It is third party but in alliance with the airline. If you don't do it, there may be a 3-7 day window whereby you can get it after the booking. This insurance will...
by Shallowpockets
Thu Apr 05, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: EZPass not read, rental car, high fee
Replies: 37
Views: 5402

Re: EZPass not read, rental car, high fee

I guess EZ Pass is part of the HCOL states. We do not have that in Colorado. All this talk of problems with EZ Pass and rentals is not very good for a traveler. Seems even when it works, it doesn't all the time. I guess it will be another chore in the planning for travel trip to these areas. Registe...
by Shallowpockets
Thu Apr 05, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: Notes on Monte Carlo simulation
Replies: 8
Views: 1260

Re: Notes on Monte Carlo simulation

Seems you,have a lot of your assumptions input into a Monte Carlo based on the supposition that the Monte Carlo may be incorrect in some of its assumptions. I just go with the Monte Carlo and am done with it. Better minds than mine have configured the analysis and any second guessing is just, "guess...
by Shallowpockets
Wed Apr 04, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 4089

Re: Financial Advisor fees? Am I paying too much?

This thread has certainly ballooned since this morning. Now you have posted your stocks. I can hardly believe there are that many in $67,114. I counted 48 stocks and and that is an average of $1398 in each stock. To trade stocks at$4.95 a trade is not bad, but multiplied by 48 is $237 dollars. I wou...
by Shallowpockets
Wed Apr 04, 2018 8:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1404861

Re: U.S. stocks in freefall

Well, the stock market is now below the numbers at the start of the year, so we will have to climb out of that just to reach equal. This is not sentiment, only the numerics. The market rarely goes up at the rate at which it goes down, so the bounces to bring it back become unrealistic once the numbe...
by Shallowpockets
Wed Apr 04, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 4089

Re: Financial Advisor fees? Am I paying too much?

Newbie here trying to get a good handle of my financial planning and investing. Been working with a financial advisor for the past few years and wanted to get a feel from you guys if I am paying too much in fees. He manages both a non-qualified managed account and an IRA account for me and his fee ...
by Shallowpockets
Tue Apr 03, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Selling individual stocks when they're down?
Replies: 10
Views: 936

Re: Selling individual stocks when they're down?

You state your stocks are down over the last 6-12 months. Meanwhile the stock market has been on a tear all last year and through January. It is only the last two months that have seen declines in the stock market. Yet your stocks have been lagging for a long time. Not good. They were not participat...
by Shallowpockets
Sun Apr 01, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: What is the likely future value of $200K in 30 years versus what Fidelity thinks?
Replies: 28
Views: 3811

Re: What is the likely future value of $200K in 30 years versus what Fidelity thinks?

I also have used Fidelity to look at what my financial future might be. I also use a poor market return scenario. There is also Firecalc. Maybe TR Price has one also. They are all variations of a Monte Carlo scenario. You need to maybe do all of those and then others if you can find them. Input all ...
by Shallowpockets
Sun Apr 01, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Liability for 32 year old step son living home
Replies: 79
Views: 8552

Re: Liability for 32 year old step son living home

You probably can't turn off his wifi access without your wife buying into that. If you can, do it. It will percipitate a crisis and this whole problem may come to the fore and can be dealt with. The first part of any problem is recognizing there is a problem. Aside from you, no one else in your hous...
by Shallowpockets
Sun Apr 01, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Planning to trade car with my friend. Need bogleheads' wisdom
Replies: 22
Views: 1928

Re: Planning to trade car with my friend. Need bogleheads' wisdom

A 170k car and a 230k car. WHAT! And you say it is beyond your means. Right there is a big red flag. I can't say as I have seen a worst BH post problem, that should not even be a problem. If it is beyond your means, how are you even financing this purchase? You are spending on a purchase that is bey...
by Shallowpockets
Sun Apr 01, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Options for My Parents
Replies: 22
Views: 1812

Re: Retirement Options for My Parents

40k a year in rental income. WOW! That is way more than I have heard from anyone here on BH. Seems like that is a smart investment. That 85k lump sum - taxes is a no brainer. Not the smart way to go. As others have said, the $800 month guaranteed is 11.3% a year return annually. You would be real ha...
by Shallowpockets
Sat Mar 31, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 10063

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

Bitcoin and others are not an investment, they are a trade. There are various posts on BH about how this can go for you if you delve into it. Several are about buying and a rise of 30-50% and they were held and then they dropped way down. It is a trade. Greed got in the way there. These people were ...
by Shallowpockets
Fri Mar 30, 2018 7:20 am
Forum: Investing - Help with Personal Investments
Topic: bid-ask spread for limit orders
Replies: 24
Views: 1598

Re: bid-ask spread for limit orders

livesoft wrote:
Thu Mar 29, 2018 12:32 pm
Shallowpockets wrote:
Thu Mar 29, 2018 9:16 am
The spread on VTI is about 3 cents.
The spread on VTI is often no more than 1 cent. The average is reported by Vanguard to be $0.02.
Very true. I was looking at real time trading prices VTI at the time of my post. At that time it was 3 cents.
by Shallowpockets
Fri Mar 30, 2018 7:00 am
Forum: Investing - Theory, News & General
Topic: Fisher Investments hard sell
Replies: 40
Views: 38752

Re: Fisher Investments hard sell

Reading this thread and seeing the hard sell of the Fisher poeple, I cannot understand how anyone can be in a job like that. I could not. I could not bend the truth and badger people relentlessly like that. I could not live with myself, to scam money, maybe the only money, out of people. How does th...
by Shallowpockets
Thu Mar 29, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 9368

Re: What is the endgame for Millennials?

When I was 28 I did not have a pot to p### in. I did not even start saving until 41 when I finally got a real job. Now I am 67, retired two years with under 1M, now member of the 2 comma club. And I did not have a job that made any more than 75K a year at highest. No one my age group then had much t...
by Shallowpockets
Thu Mar 29, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Printing out a ten thousand page form 8949 for the IRS?
Replies: 48
Views: 5097

Re: Printing out a ten thousand page form 8949 for the IRS?

I would be interested in the mechanics of this also. Offhand it looks like greater than a thousand trades a day. About 2.5 trades a minute. My numbers are based on 90 days this year, but counting all the days and not just the trading days. What is your maximum dollars alloted to this, and what about...
by Shallowpockets
Thu Mar 29, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: bid-ask spread for limit orders
Replies: 24
Views: 1598

Re: bid-ask spread for limit orders

The spread on VTI is about 3 cents. When you place a limit order you probably want a price lower than that spread. Someone mentioned a fair price, but that is undefined. What do you think is a fair price, to you? What you consider a fair price may be not realistic for the trade at that moment. Right...
by Shallowpockets
Wed Mar 28, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: Not going to be buying chicken for a while...
Replies: 65
Views: 9290

Re: Not going to be buying chicken for a while...

I went to the site posted by OP.

Methinks there is an agenda to this topic beyond taste and tenderness.