Search found 1456 matches

by Stonebr
Wed Aug 22, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: My: the 10 commandments of retirement
Replies: 7
Views: 2747

Re: My: the 10 commandments of retirement

Another issue is there is not a competitive market for inflation adjusted annuities Why is this? Are these markets just not feasible? Robert Shiller has written much about products to mitigate financial risks that individuals face but nothing much ever comes out of it. https://press.princeton.edu/t...
by Stonebr
Sun Aug 05, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: How do you keep your math skills sharp?
Replies: 40
Views: 2457

Re: How do you keep your math skills sharp?

I tutor math students at our local adult education program as an unpaid volunteer.
by Stonebr
Thu May 03, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Should reliability rankings eliminate Jeep Grand Cherokee?
Replies: 91
Views: 7093

Re: Should reliability rankings eliminate Jeep Grand Cherokee?

I never used to pay much attention to reliability reports. Then I found myself with a couple of Toyota products. Sheesh! was I wrong. I would never go back to vehicles that don't get top reliability ratings.

Life is so much simpler now! :happy
by Stonebr
Thu Mar 29, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Duffel >62 linear inches but won't be full...oversize fee?
Replies: 11
Views: 1182

Re: Duffel >62 linear inches but won't be full...oversize fee?

My experience is that airlines are more concerned about weight for checked bags. They weigh every one of them, but I've never seen a tape measure. Carry on bags are the opposite: they might measure if the bag is too big.
by Stonebr
Thu Mar 29, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Total return vs dividends
Replies: 54
Views: 5632

Re: Total return vs dividends

OP, here is another active thread on Berkshire Hathaway. It is famous for having a high return and never paying dividends. It digs a bit more into the theory. Warren Buffet has suggested that selling shares is the correct way to generate cash-flow for his family who holds this stock. https://www.bo...
by Stonebr
Thu Mar 22, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Fuel additives
Replies: 21
Views: 1626

Re: Fuel additives

Are these of any real value?  Years ago I was always told there was no reason to use any sort of additive of any kind.  But I see a lot of products now with hundreds of great reviews, and am wondering if I should be using something.  Actually additives have been around since prehistoric times. Nobo...
by Stonebr
Tue Jan 30, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: The Vanderbilts
Replies: 26
Views: 4383

Re: The Vanderbilts

As I understand it Biltmore Estate in Asheville, NC is still in the Vanderbilt family.

Pretty big asset to ignore. William Amherst Vanderbilt Cecil died last year at 89. He was the grandson of George V, who bilt :wink: the thing, and bought all the land that ended up as Pisgah National Forest.
by Stonebr
Mon Jan 29, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Seeking Yosemite advice for late March
Replies: 9
Views: 796

Re: Seeking Yosemite advice for late March

Many years ago I camped at Sunnyside -- the walk in campground for climbers and hikers. It's right near the big Yosemite Falls. It was early April and the waterfalls were humongous with snowmelt. For that reason alone, it's a wonderful time to be there. Earlier in the season you may be treated to fr...
by Stonebr
Mon Jan 29, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Paris Hotel Recommendations
Replies: 21
Views: 1959

Re: Paris Hotel Recommendations

I recommend an apartment rental. We got one near the Louvre for a week in 2010. It had a kitchenette with a washing machine and dryer.
by Stonebr
Sun Jan 28, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone own gold?
Replies: 25
Views: 2592

Re: Does anyone own gold?

I've owned gold for many years -- mostly purchased in the early 2000s at an average price of about $400 an ounce, but also some old Liberties and Indians purchased in the 1980s. I am (or was) a coin collector and bought coins by date. In those days gold got even less respect than it gets today. I pu...
by Stonebr
Sun Jan 28, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Impreza vs Corolla
Replies: 27
Views: 2079

Re: Impreza vs Corolla

I've owned both Subaru and Toyota.

Subarus are fun to drive for people who have never driven a German car. People who have never owned a Toyota consider Subarus to be reliable.
by Stonebr
Sun Jan 28, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: FIRECalc et al. - user experience
Replies: 11
Views: 1377

Re: FIRECalc et al. - user experience

We retired 6.5 years ago and did cash flow modeling on both FireCalc and Otar. I found Jim Otar's spreadsheet more flexible for my needs, and more detailed. Results, however, were fairly similar, giving me confidence that neither was leading me far astray. The free calculators at the various mutual ...
by Stonebr
Sat Jan 27, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage with Roth IRA?
Replies: 23
Views: 1928

Re: Pay off mortgage with Roth IRA?

Earl Lemongrab wrote:
Sat Jan 27, 2018 5:09 pm
Bad idea. Roth space is precious.
+1. I hate debt too. Paid off mortgage in 1999 after selling stock in my taxable account.

Like the man says, "Roth space is precious."
by Stonebr
Sat Jan 27, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone not rebalance?
Replies: 66
Views: 5662

Re: Does anyone not rebalance?

As I recall, Jack Bogle does not rebalance.

But I do.
by Stonebr
Sat Jan 27, 2018 9:42 pm
Forum: Investing - Theory, News & General
Topic: Dumb lump sum question
Replies: 6
Views: 610

Re: Dumb lump sum question

Stipe wrote:
Sat Jan 27, 2018 6:52 pm
but my pas says it’s a wise decision to put it in now....
"The best time to invest is when you have the money." -- John Templeton
by Stonebr
Sat Jan 27, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for something with slightly higher yield/risk than online savings
Replies: 17
Views: 1569

Re: Looking for something with slightly higher yield/risk than online savings

Treasury Direct. You can buy Tbills, Notes, Bonds, TIPS with zero expenses. Hold to maturity and roll over.
by Stonebr
Sat Jan 27, 2018 9:13 pm
Forum: Investing - Theory, News & General
Topic: When did the bad news start in 2008?
Replies: 135
Views: 14129

Re: When did the bad news start in 2008?

Well if you were a trend follower using the 200 day moving average, you would have exited the TSM in Dec., 2007, and not reentered until June, 2009. If you were smart and invested in TBM instead of literal cash, your 2008 return was 5.05% instead of the TSM's -37.04%. Trend following isn't just bac...
by Stonebr
Sat Jan 27, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: Who is buying 20 and 30 year bonds?
Replies: 15
Views: 1815

Re: Who is buying 20 and 30 year bonds?

I think you underestimate the portion of the market that is held by large institutional pension investors. Not to mention insurance company general accounts, endowments, sovereign wealth funds, and so on. These institutional funds can buy a few $billion in this stuff just to tweak their portfolio d...
by Stonebr
Sat Jan 27, 2018 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Derisking my Portfolio with a Leveraged Mutual Fund
Replies: 38
Views: 2468

Re: Derisking my Portfolio with a Leveraged Mutual Fund

This idea of yours is so diametrically opposed to the Boglehead philosophy that you will get almost no sympathy or support here.

I suggest you try reading the wiki pages.
by Stonebr
Sat Jan 27, 2018 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: First time investor seeking Vanguard Roth IRA opinions
Replies: 9
Views: 824

Re: First time investor seeking Vanguard Roth IRA opinions

I completed my Vanguard Roth IRA application and was told my identity could not be verified and would need to mail in a paper application. I spoke to a customer service rep and was told that this is common for new investors, and once the paper application was received there shouldn't be a problem w...
by Stonebr
Fri Jan 26, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: When did the bad news start in 2008?
Replies: 135
Views: 14129

Re: When did the bad news start in 2008?

Here's a thread from late 2008 that shows the flavor of discussions: Even Taylor and larryswedroe get to talking about "Plan B" -- bailing out. https://www.bogleheads.org/forum/viewtopic.php?t=30085 But the end result was that most of us stayed the course. Another big theme was that many Bogleheads ...
by Stonebr
Thu Jan 25, 2018 4:59 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 113
Views: 9507

Re: Small Value Premium - How Do You View It?

I've heard that the trouble with this "premium" is that it comes in spurts, and the spurts can be decades apart. There was one in the 1970s, according to legend... My observation of how this worked from 1982 through about 2012 (my own "accumulation" period) was that there was no Small Value Premium ...
by Stonebr
Wed Jan 24, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Classifying rent income from a flatmate
Replies: 4
Views: 605

Re: Classifying rent income from a flatmate

Offset to the monthly cost.

Think what would happen if the IRS got hold of your computer and found all that unreported "income"...
by Stonebr
Wed Jan 24, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 7298

Re: Your bond allocation when you were 48

60/40 in 1999.

Happily retired now.
by Stonebr
Wed Jan 24, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Socially responsible bonds
Replies: 15
Views: 1267

Re: Socially responsible bonds

VFTSX (Vanguard Social Resp. Index fund) is an excellent Vanguard index fund. It would make a wonderful long term investment. As for bonds, you could always just use a government bond fund. VFTSX has a higher ER than the broader market index funds that Vanguard offers (and a small tilt to growth), b...
by Stonebr
Wed Jan 24, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance company wants money back
Replies: 45
Views: 5050

Re: Life insurance company wants money back

If possible, find the agent that wrote the business. They could possibly have a record of the original application and sales agreement, and they might also go to bat for the customer.
by Stonebr
Mon Jan 22, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 7268

Re: Work-out schedule for those in 60s

1. Hike up a mountain at least once a week.
2. Ride my bicycle at least once a week.
3. Heavy yard work (gardening, snow removal, leaf raking) at least once a week.
4. 1-2 hours yoga at least once a week.
by Stonebr
Sat Jan 20, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 97
Views: 9245

Re: New Brake Pads

Seems a reasonable price. This is why you want a good mechanic doing routine things like an oil change. They look around and notice things. Sure, they've got a profit motive, but it's that profit motive that keeps a car well-maintained and safe. At your local minute-lube, they don't care because the...
by Stonebr
Fri Jan 19, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Closing Credit Card affect credit score or help
Replies: 6
Views: 619

Re: Closing Credit Card affect credit score or help

In August I closed my oldest credit card account. I wrote to the CEO and informed him that I thought he was, in effect, a devil-worshipping monster and his megabank could go rot. The account had been open since 1987, and it had been my go-to credit card. I'm now using a local bank. My credit score a...
by Stonebr
Thu Jan 18, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 61
Views: 4287

Re: How do you adjust side mirrors in a car?

AAA recommends the way you do it -- flared out so that you see the blind spots. From the AAA Auto Guide Driving Survival , " Side mirrors should expand your view to the side of your vehicle and reduce blind spots. If you can see your fenders in the side mirrors, the mirrors are misadjusted ." The me...
by Stonebr
Mon Jan 15, 2018 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Best way to pay off mortgage (considering investment returns)
Replies: 9
Views: 1841

Re: Best way to pay off mortgage (considering investment returns)

I paid off my mortgage in 1999, getting lucky with the timing. But paying off in 2000 or 2009 would not have been so lucky. It's probably better to do it when the skies are sunny, the bulls are running on Wall Street, and all your friends tell you you're crazy. Happy days don't last forever, and I f...
by Stonebr
Sat Jan 13, 2018 11:01 am
Forum: Personal Consumer Issues
Topic: wireless dead again - router suggestions?
Replies: 35
Views: 2207

Re: wireless dead again - router suggestions?

These types of devices are designed to be left running untouched for years at a time. Leaving them turned on is what they are supposed to do. My routers tend to die within five years regardless but I don't spend much on them either. We turn ours off every night and always when we go on vacation. We...
by Stonebr
Fri Jan 12, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: How many years of fixed income for Sequence of Return Risk
Replies: 26
Views: 2486

Re: How many years of fixed income for Sequence of Return Risk

I went through calculations and modeling for months trying to answer this question a few years ago. Ended up at age in bonds. :sharebeer
by Stonebr
Tue Jan 02, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: [How much should I give to charity?]
Replies: 17
Views: 1887

Re: Generosity

10+% of gross income to charity and about 6 hours a week volunteering is what I do. Don't know if that's generous or not. If a billionaire did that, I'd think he/she was a cheap SOB, but I'm not a billionaire. I give to charities that address extreme poverty and life-saving health interventions, fol...
by Stonebr
Sat Dec 24, 2016 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Bought a house for 560k in 2007
Replies: 73
Views: 10837

Re: Bought a house for 560k in 2007

Sunshine22 wrote:Sometimes I think of selling that house but it's selling for 500k and in that case I will lose my equity.
You don't have any equity. The market price is the market price, and that alone determines whether or not you have equity. I think you should sell.
by Stonebr
Tue Nov 22, 2016 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: for a friend TIRA question
Replies: 8
Views: 853

Re: for a friend TIRA question

Can we assume there are no other invested assets like 401k? Can we assume she's thought about her asset allocation and risk tolerance? If so, these are all excellent choices. An IRA is the best place to own a balanced mutual fund. I don't have a strong preference among them. However... I've found th...
by Stonebr
Wed Nov 16, 2016 9:39 pm
Forum: Personal Consumer Issues
Topic: Portland or Dallas (Southlake area)
Replies: 36
Views: 4150

Re: Portland or Dallas (Southlake area)

In Dallas you will spend your life in a car, either in traffic or in a hot parking lot.

In Portland, OR you may actually be able to walk around.
by Stonebr
Wed Nov 16, 2016 8:39 pm
Forum: Investing - Theory, News & General
Topic: "Comedians' best lines of financial wisdom"
Replies: 20
Views: 4462

Re: "Comedians' best lines of financial wisdom"

A couple more...

Groucho: "Alimony is like buying hay for a dead horse."

Groucho: "While money can't buy happiness, it certainly lets you choose your own form of misery."
by Stonebr
Sun Nov 13, 2016 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 6947

Re: Age 92 Dad Wants to Boost stocks

My father, 92 years young, told me today that he wants to raise his allocation from 30% stocks to 50%. After talking to him again about the dangers of market timing, he's willing to moderate his stance a bit. For someone his age and with an adequate portfolio to meet his needs, do you think 50-50 i...
by Stonebr
Mon Nov 07, 2016 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Safe Deposit Box Fee (Bank of America)
Replies: 35
Views: 25432

Re: Safe Deposit Box Fee (Bank of America)

TD Bank offers a free small safe deposit box as part of their senior account package.
by Stonebr
Fri Nov 04, 2016 9:26 pm
Forum: Personal Consumer Issues
Topic: Fish again
Replies: 17
Views: 4011

Re: Fish again

Then I read that because humans are eating lower on the fish food chain, we're depleting stocks of small fish and larger fish are going hungry and dying out. I'm curious where you read this, because to me it does not seem to make much sense from a biological perspective. But then again, it's been a...
by Stonebr
Fri Nov 04, 2016 8:44 pm
Forum: Personal Consumer Issues
Topic: Fish again
Replies: 17
Views: 4011

Re: Fish again

What to do? find our omega 3s in chia seeds? Fish don't manufacture Omega-3s themselves, the get it from algae they eat in the wild. That's why farmed fish are so much lower in omega-3. You can take a pill and bypass the fish. Health food stores have DHA and EPA pills sourced from algae. Or you can...
by Stonebr
Thu Nov 03, 2016 7:17 am
Forum: Personal Consumer Issues
Topic: Secure alternative to Gmail
Replies: 48
Views: 9286

Re: Secure alternative to Gmail

I wonder if maybe an old typewriter, paper and the US Mail might be more secure than anything online.
by Stonebr
Sun Oct 30, 2016 1:57 pm
Forum: Personal Consumer Issues
Topic: Electronics Recycling
Replies: 14
Views: 1808

Re: Electronics Recycling

You must assume the worst -- that the recycling program is run entirely by evil criminals.

Remove the hard drives and beat them to smithereens with a hammer.
by Stonebr
Sat Oct 29, 2016 2:59 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett(himself) has never invested in an Index fund, WHY?
Replies: 32
Views: 5545

Re: Warren Buffett(himself) has never invested in an Index fund, WHY?

..only return 'INTO my bank account' is dividends payout which is paltry 2-3% compared to 10-20% cash Berkshire subsidiaries send to Warren.. - The 10-20% that BRK earns (I don't know where you got that figure, maybe based on book value rather than market?) from its wholly owned subsidiaries includ...
by Stonebr
Fri Oct 28, 2016 2:52 pm
Forum: Personal Consumer Issues
Topic: How do you make your Martini?
Replies: 63
Views: 6891

Re: How do you make your Martini?

5:1 gin to vermouth

Local ingredients: Cold River Gin (Freeport, ME) and Sweetgrass Vermouth (Union, ME).
by Stonebr
Wed Oct 26, 2016 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor Pulse Check
Replies: 8
Views: 913

Re: New Investor Pulse Check

1. Fund allocation doesn't matter much at this stage in your life. Just get exposure to equities, build an emergency fund and keep saving. The amount you save has far more impact on your results than the return in the early years. For that reason a Total Stock Index fund is the place to be. The 100/...
by Stonebr
Wed Oct 26, 2016 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: stable value funds
Replies: 7
Views: 1448

Re: stable value funds

Isn't that highly risky? what If one of the insurance companies fails like lehmann? i was reading that insurance companies with GICs have failed back in the 90s As a result of the failure of Mutual Benefit in the early 90s, much of the GIC market converted to a form called synthetic GICs or separat...
by Stonebr
Sun Oct 23, 2016 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: anyone using solar as an alternative investment
Replies: 9
Views: 1098

Re: anyone using solar as an alternative investment

You would probably get more bang for your buck by reducing consumption than from increasing production. We have put about $15,000 into weatherization and LED lighting in the past several years. I consider this an alternative to a fixed income investment. The returns on this investment are the saving...
by Stonebr
Sun Oct 16, 2016 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Safety in gold ?
Replies: 37
Views: 3744

Re: Safety in gold ?

I bought gold for safety in 1981-1983 and watched it go down in value for a couple of decades. It was safe, though. I kept it in a shoe box.