Search found 5030 matches

by bertilak
Thu Jan 19, 2017 5:47 pm
Forum: Personal Consumer Issues
Topic: Thinking of getting tires from Costco
Replies: 57
Views: 3466

Re: Thinking of getting tires from Costco

I recently got a nail in my tire and it was too close to the edge to repair. Hmm. I got a nail in a tire and it did not NEED to be repaired because it was close to the edge where the rubber (or whatever it is) was thick enough that the nail did not penetrate all the way through and cause a leak. I ...
by bertilak
Thu Jan 19, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2337

Re: Never had a credit card, should I get one?

the only regular item i can think of is gasoline -- if ya walk into the store, wait in line, and pay cash you save 3 cents a gallon on gasoline. every once in a while other situations will come up. i had a garage door replaced by a one man shop. bill was $800. i asked him how we wanted paid, check ...
by bertilak
Thu Jan 19, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: Wood burning stoves - do you leave home with it burning?
Replies: 13
Views: 1630

Re: Wood burning stoves - do you leave home with it burning?

Over the years the heat from the chimney had dried out the wood and essentially turned it to tinder. It was just a matter of time before it caught. Wow! Close one. Did you ever have the chimney inspected? We just had ours relined. First house I ever bought. What did I know about chimney inspections...
by bertilak
Thu Jan 19, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2337

Re: Never had a credit card, should I get one?

There is a cost to using credit cards, and many companies pass that cost on to you, so you wind up paying MORE using a credit card. What cost? Not a single merchant I patronize charges more for credit card purchases these days. Only one (a small business that sells breakfast muffins and coffee) req...
by bertilak
Thu Jan 19, 2017 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2337

Re: Never had a credit card, should I get one?

There is a cost to using credit cards, and many companies pass that cost on to you, so you wind up paying MORE using a credit card. Not true for most people. Even if you have an annual fee, the cash back covers that easily. I pay (I think) $100 for my AMEX but the cash-back covers that in about thr...
by bertilak
Thu Jan 19, 2017 11:58 am
Forum: Personal Consumer Issues
Topic: Toaster Oven Recommendations
Replies: 29
Views: 1105

Re: Toaster Oven Recommendations

We also have a Breville, the smaller version. I wanted the full-sized version but DW wanted to save counter space. I must admit the size of ours is just right. At first I was unhappy with it because I am a perfectionist when it comes to toast and it doesn't toast the bottom as much as the top so I a...
by bertilak
Thu Jan 19, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Wood burning stoves - do you leave home with it burning?
Replies: 13
Views: 1630

Re: Wood burning stoves - do you leave home with it burning?

There is one spoilsport in every crowd and this time it's me! Back in the '80s (seems to be a recurring theme here) we heated with a wood stove. First we had one of those steel stoves with the holes on top so the incoming air was sucked downward. When we had our first child we switched to an Ashley,...
by bertilak
Thu Jan 19, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2337

Re: Never had a credit card, should I get one?

I think this has all been said above, but in summary: ⋅ There is NO downside to having a CC if you are disciplined in its use and ALWAYS pay it off completely with every statement. In other words you truly are an adult (or want to learn to be one). All those things you hear from Dave Ramse...
by bertilak
Mon Jan 16, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562102

Re: What Movie Have You Recently Watched?

Koogie wrote:
jrtexas wrote:Watch River. Alexander Skaarsgard is the cop. Excellent.


+1 Great series.

Just finished the second episode. I agree it is really good. In the first episode the introduction of Stevie was pretty brutal!

I'm looking forward to keeping up with this one.
by bertilak
Mon Jan 16, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6115

Re: Cardinal Sin - went to cash the day before 2016 election

The change in risk that I perceived the was in early Sept 2008. In just over a week, From the 7th to 16th we had Fannie and Freddie taken over by the Feds, the Fed brokering the deal where Bank of America took over Meryl Lynch, Lehman Brothers was allowed to collapse, and AIG looked like it might g...
by bertilak
Mon Jan 16, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6115

Re: Cardinal Sin - went to cash the day before 2016 election

You didn't mention what you did in 2008/9 That seemed like a riskier situation than an election, even this one. Not quite. You can't assign risk to an event that already happened. The question is, what was the perceived risk at the time? In 2008 we didn't know there was going to be a market crash u...
by bertilak
Sun Jan 15, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Why nobody understands importance of high-deductible insurance?
Replies: 115
Views: 9947

Re: Why nobody understands importance of high-deductible insurance?

IMO, high deductible insurance is great if one has cash reserves with which to meet the higher deductible. Many do not. Agreed. I would imagine the average Boglehead would have no problem writing a check on the spot for $1000 or more while for the average person this would be a major problem. I bou...
by bertilak
Sun Jan 15, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: How High is Your TV?
Replies: 41
Views: 3306

Re: How High is Your TV?

The center of my 55 inch LCD is 58 inches from the floor. It is tilted so it "points" right at my eye level when I am seated in my regular position. I think I would be happier if it was about 8-10 inches lower, but it is sorta OK the way it is. I'm not in the mood for remounting it! This a...
by bertilak
Sun Jan 15, 2017 2:14 pm
Forum: Investing - Theory, News & General
Topic: List of possible investments
Replies: 23
Views: 1421

Re: List of possible investments

Why not simply have a category of "Stocks - Other", "Bonds - Other" and "Cash - Other" as catch-alls? I'm trying to create something that will work for most people. Not a sophisticated tool that handles every possible investor. Why not simply let the user supply his ow...
by bertilak
Sun Jan 15, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie question on portolio asset class rebalancing.
Replies: 7
Views: 374

Re: Newbie question on portolio asset class rebalancing.

No. You are selling shares at a higher price than you bought them for, and then you are buying shares in the other fund at a reduced price (they are now "on sale!") No. Yes. This is one way to keep your asset allocation at the ratio you want. Agreed, but one additional point. There is tru...
by bertilak
Sun Jan 15, 2017 1:50 pm
Forum: Investing - Theory, News & General
Topic: List of possible investments
Replies: 23
Views: 1421

Re: List of possible investments

Would momentum fit into the "Stocks" category or "Other"? What you want to do is build something with multiple dimensions. In the equity space you would want: International / Domestic Size (large, medium, small) Style (Value, Growth) Factor (Momentum, Low Beta, etc.) I was just ...
by bertilak
Sun Jan 15, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Value of House in Planning for Retirement
Replies: 46
Views: 3021

Re: Value of House in Planning for Retirement

I'm curious as to what advice any of you folks might have for me in thinking through the value of our house in planning for retirement. What counts is the equity you have in your house, not its total market value. In retirement, what matters is cash flow. Thus, planning for retirement means plannin...
by bertilak
Sat Jan 14, 2017 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Questions
Replies: 7
Views: 591

Re: Quicken Questions

The problems are with dividends that are NOT reinvested. There is confusion about them getting swept into the settlement fund. Quicken has a tendency to plop that money into an entirely different Vanguard investment account! I have examined the OFX file that gets downloaded and there just doesn't s...
by bertilak
Fri Jan 13, 2017 7:01 pm
Forum: Investing - Theory, News & General
Topic: Buying vs Leasing a car for Real Estate Agent
Replies: 6
Views: 689

Re: Buying vs Leasing a car for Real Estate Agent

I don't fully understand tax deductions. What is better for a Real Estate agent? Leasing or buying a car? Little money up front also. Thanks! A loan also gives you little money up front. 100% loans are available for cars. Keep in mind leasing has mileage limitations, if you go over it can be costly...
by bertilak
Fri Jan 13, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: "10 Things You Can’t Learn From a Backtest"
Replies: 3
Views: 751

Re: "10 Things You Can’t Learn From a Backtest"

this article could have been a lot shorter. "One thing you can't learn from a backtest: What’s going to happen in the future." :D Sorta. :happy The article does help you recognize all the mind games one can play to hide a simple truth. This is especially useful when someone is playing tho...
by bertilak
Thu Jan 12, 2017 5:46 pm
Forum: Personal Consumer Issues
Topic: VW Diesel Buyback -- how fast?
Replies: 13
Views: 862

Re: VW Diesel Buyback -- how fast?

My buyback was FAST! ⋅ 9:30 AM Tuesday: Visit the dealer to turn in my car. ⋅ 10:00 PM Wednesday: Email from VW with clickable link to Chase bank to initiate money transfer. 36 hours hours (or less; that's just when I noticed the email) ⋅ 6:00 AM Thursday: Money is in m...
by bertilak
Wed Jan 11, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562102

Re: What Movie Have You Recently Watched?

Just finished Psycho on TCM. Have seen it several times. Every time I am surprised all over again on how great a movie it is. Anthony Perkins is quite the actor. Hitchcock is quite the director.
by bertilak
Wed Jan 11, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: VW Diesel Buyback -- how fast?
Replies: 13
Views: 862

Re: VW Diesel Buyback -- how fast?

I'm just curious, but why is everyone in a hurry to sell their diesel back to VW? If it's for environmental reasons you should be congratulated. I drive very little and like the idea of driving a non-depreciating asset for as long as I can before I turn it in. The offer is good for another 18 month...
by bertilak
Wed Jan 11, 2017 7:29 am
Forum: Personal Consumer Issues
Topic: VW Diesel Buyback -- how fast?
Replies: 13
Views: 862

Re: VW Diesel Buyback -- how fast?

I'm just curious, but why is everyone in a hurry to sell their diesel back to VW? If it's for environmental reasons you should be congratulated. I drive very little and like the idea of driving a non-depreciating asset for as long as I can before I turn it in. The offer is good for another 18 month...
by bertilak
Wed Jan 11, 2017 7:06 am
Forum: Personal Consumer Issues
Topic: VW Diesel Buyback -- how fast?
Replies: 13
Views: 862

Re: VW Diesel Buyback -- how fast?

Jill07 wrote:We got a paper check the day we turned in our VW.

Hmmm. That might have been better (faster), but electronic payment is more convenient and whonoze tells me 48 hours so that's fast enough.
by bertilak
Wed Jan 11, 2017 7:00 am
Forum: Personal Consumer Issues
Topic: VW Diesel Buyback -- how fast?
Replies: 13
Views: 862

Re: VW Diesel Buyback -- how fast?

Just went through the VW TDI buyback process. I turned the car into the dealer and got paperwork confirming the amount of money they will send. I believe I am to get an email from VW asking where to send the money electronically, presumably bank routing number and my account number. Has anyone rece...
by bertilak
Wed Jan 11, 2017 6:25 am
Forum: Personal Consumer Issues
Topic: VW Diesel Buyback -- how fast?
Replies: 13
Views: 862

VW Diesel Buyback -- how fast?

Just went through the VW TDI buyback process. I turned the car into the dealer and got paperwork confirming the amount of money they will send. I believe I am to get an email from VW asking where to send the money electronically, presumably bank routing number and my account number. Has anyone recei...
by bertilak
Tue Jan 10, 2017 3:40 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562102

Re: What Movie Have You Recently Watched?

Watch River. Alexander Skaarsgard is the cop. Excellent. +1 Great series. Plus it has Nicola Walker, the main actress in Scott & Bailey and Last Tango In Halifax. I am about 3 episodes into Hinterlands on Netflix. Another favorite! I tried watching it in the original Welsh (Y Gwyll) on SC4. My ...
by bertilak
Tue Jan 10, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: looking for a cloud backup service that works with mapped network drives
Replies: 11
Views: 768

Re: looking for a cloud backup service that works with mapped network drives

I keep all my files on an external USB hard drive that is plugged into my router. I have a single laptop, plus an NVIDIA Shield for streaming media. I'm looking for an online cloud backup service that will backup the files on this drive (mapped to Z:\ on my laptop). Is have looked at CrashPlan, iDr...
by bertilak
Mon Jan 09, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Investing
Replies: 13
Views: 1243

Re: Lump Sum Investing

BolderBoy wrote:BH wisdom is that the BEST time to invest is when you have the money to do so. You have the money now; do so!

Old Chinese proverb says:
    The best time to plant a tree was 20 years ago. The second best time is today.
by bertilak
Mon Jan 09, 2017 6:00 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562102

Re: What Movie Have You Recently Watched?

I am about 3 episodes into Hinterlands on Netflix. Another favorite! It seems I have gotten myself hooked on British police procedural detective shows that take place in remote villages in barren landscapes. I don't know what that says about me. So far: ⋅ Hinterlands ⋅ Wallander ...
by bertilak
Mon Jan 09, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any benefits to achieving "great wealth"?
Replies: 106
Views: 7995

Re: Are there any benefits to achieving "great wealth"?

"I've been rich and I've been poor. Rich is better."
-- Sophie Tucker
by bertilak
Sun Jan 08, 2017 7:43 pm
Forum: Personal Consumer Issues
Topic: Getting rid of mice
Replies: 79
Views: 3742

Re: Getting rid of mice

If you have access to Netflix Streaming, see https://www.netflix.com/search?q=rats. The one to watch simply called RATS. Very well done! Might give you some ideas.

Rats aren't mice but I think they are close enough!
by bertilak
Sun Jan 08, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Gas Water Heater vs Electric Tankless
Replies: 26
Views: 1763

Re: Gas Water Heater vs Electric Tankless

We put a gas tankless in our house and it has been flawless for 9.5 years now. It is supposed to be flushed yearly (per its manual) but I gave up on that after a while as my water softener prevented any scale buildup. Is the annual flushing exclusive to gas, or is that advised on electric models as...
by bertilak
Sun Jan 08, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Gas Water Heater vs Electric Tankless
Replies: 26
Views: 1763

Re: Gas Water Heater vs Electric Tankless

To the OP and others considering a replacement water heater, be sure to check for rebates. Our gas company will rebate $350 just for replacing our 19 year old gas water heater with a new gas one, if we have it installed by a certified gas fitter. Other rebates are out there as well, so I hate for y...
by bertilak
Sun Jan 08, 2017 6:45 am
Forum: Investing - Help with Personal Investments
Topic: What would you do with $400K cash plus almost a million in stocks?
Replies: 14
Views: 3020

Re: What would you do with $400K cash plus almost a million in stocks?

I'd sell some of those stocks on any uptick until they're all sold. I'd prefer to sell from a DOWN market to reduce cap gain taxes. There is no real loss because you can immediately use the money to buy into a fund like the Total Stock Market. If the market is down you will get that at a bargain pr...
by bertilak
Sun Jan 08, 2017 6:32 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for 70-year-old retiree's portfolio
Replies: 18
Views: 2104

Re: Suggestions for 70-year-old retiree's portfolio

RMD: Just because you are required to take money out of the IRA doesn't mean you can't keep it invested. Put it in the taxable account. (You can't use the RMD to fund the Roth.) You can maintain your AA by selling assets you would like to have in the taxable account. That usually means equities. Own...
by bertilak
Fri Jan 06, 2017 6:41 pm
Forum: Investing - Theory, News & General
Topic: I am timing the market. Why am I wrong?
Replies: 89
Views: 5708

Re: I am timing the market. Why am I wrong?

About PE: Market prices reflect what people think the future will bring. A high PE may get back to "normal" not with lowered prices (the "P" in "PE") but with increased earnings (the "E" in "PE"). While waiting for that future to arrive you could be ...
by bertilak
Wed Jan 04, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard upgrading to Brokerage account comes with some nuisances
Replies: 87
Views: 11365

Re: Vanguard upgrading to Brokerage account comes with some nuisances

[My experience with the new style brokerage accounts and Quicken has been that until recently the downloads have been pretty seriously broken. Basically the downloaded transactions did not include the Buys and Sells on the Federal MMF settlement account, so I had to edit the transactions and add th...
by bertilak
Wed Jan 04, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Questions
Replies: 7
Views: 591

Re: Quicken Questions

NYCguy wrote:To be clear, for me, I auto download dozens of transactions a month without a problem. This issue affects only a small percentage of them.

Is it seemingly random or is there some pattern? A particular kind of transaction, like I pointed out in my OP, or something different?
by bertilak
Wed Jan 04, 2017 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Questions
Replies: 7
Views: 591

Quicken Questions

The biggest problem I have with Quicken is its use with downloaded transactions from Vanguard accounts. I think it is only with the "sweep" transactions. The problems are with dividends that are NOT reinvested. There is confusion about them getting swept into the settlement fund. Quicken h...
by bertilak
Mon Jan 02, 2017 5:50 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2070
Views: 557572

Re: What Book Are You Currently Reading? Part VI

Here's one from a while back. I am referring to Greenmantle . I'm starting Mr. Standfast by John Buchan, author of The Thirty-Nine Steps . It features the same protagonist, Richard Hannay. I'm not at all sure I'll finish it, but we'll see. I did read The Thirty-Nine Steps and Greenmantle (which was ...
by bertilak
Mon Jan 02, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new security key option
Replies: 48
Views: 5616

Re: Vanguard's new security key option

This looked interesting so I looked at Vanguard's website and it says my browser is not supported. I use one of the most popular browsers: Firefox!
by bertilak
Fri Dec 30, 2016 1:32 pm
Forum: Investing - Theory, News & General
Topic: Market Timing - have any REAL patterns ever been identified?
Replies: 39
Views: 3050

Re: Market Timing - have any REAL patterns ever been identified?

Wagnerjb wrote:
livesoft wrote:If I know about it, I'm not going to tell you. :)

Me neither

You show me yours and I'll show you mine.
by bertilak
Fri Dec 30, 2016 1:26 pm
Forum: Investing - Theory, News & General
Topic: Appreciating Bogle and Reversion to the Mean
Replies: 12
Views: 1279

Re: Appreciating Bogle and Reversion to the Mean

If you say it returns to the mean, then put your money where your mouth is. Except you are mistaken about what you think RTM implies. If a series of coin flips comes up heads 75% of the time, the next series of coin flips IS NOT expected to come up tails 75% of the time. It is expected to be 50/50....
by bertilak
Tue Dec 27, 2016 10:23 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562102

Re: What Movie Have You Recently Watched?

1.) Scrooge 1951 Alastair Sim is the quintessential Scrooge. The best version of A Christmas Carol in my opinion. 9/10 Yes! The best one I have seen. Sim brightens up any movie he is in. 3.) Scrooge 1935 Seymour Hicks plays the most caustic and curmudgeon Scrooge of all. The atmospherics are foggy ...
by bertilak
Tue Dec 27, 2016 12:19 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging
Replies: 17
Views: 1375

Re: Dollar Cost Averaging

At what point does holding onto cash just to achieve dollar cost averaging detrimental because your money is not invested in the market? Immediately. That is unless you are better at pricing things than the average of everybody else buying and selling on that day. You probably aren't. But, if so, y...
by bertilak
Sun Dec 25, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: should my parents keep a term life insurance policy?
Replies: 10
Views: 963

Re: should my parents keep a term life insurance policy?

All excellent replies above!

I would add, even if it is somewhat repetitive, the KEY who or what is being protected by the insurance payoff and is that protection (still?) needed?

If needed, one can look for other ways to provide the protection. There may or may not be a better answer.
by bertilak
Sun Dec 25, 2016 1:27 pm
Forum: Investing - Theory, News & General
Topic: another explanation for the lack of persistence of active management performance
Replies: 3
Views: 661

Re: another explanation for the lack of persistence of active management performance

Is it not enough to attribute lack of persistence to the vagaries of chance? If out-performance is attributed to luck, even if only in part, is that not enough to explain lack of persistence? The very nature of luck implies that it is unreliable. Yes, four "snake eyes" in a row is possible...
by bertilak
Sun Dec 25, 2016 1:09 pm
Forum: Investing - Theory, News & General
Topic: Financial Independence is not the Holy Grail
Replies: 85
Views: 8987

Re: Financial Independence is not the Holy Grail

I disagree with him. A person with 20x his annual income invested has more options than one with 10x his annual income, who has more options than a person with 5x his annual income. There is more and more peace of mind. It is a path where you become increasingly independent and increasingly self-su...

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