Search found 127 matches

by dbphd
Sat Jul 29, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5856

Re: BMW Z3 or Z4 or nothing at all?

This thread has gotten silly. The OP discloses he has insufficient budget for a toy car, then some guy suggests the Z3 is destined to join the iconic 300 SL in the pantheon of automobilia. Someone has been passing around the cool aide
by dbphd
Fri Jul 28, 2017 1:11 pm
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5856

Re: BMW Z3 or Z4 or nothing at all?

Right on, Time Runner. A 2-page thread goes to naught.

db
by dbphd
Thu Jul 27, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5856

Re: BMW Z3 or Z4 or nothing at all?

My current toy is a 2012 Carrera S cabriolet. For fun and reliability get a Miata; for even more fun but with higher maintenance costs get a 2000 Boxster S with manual tranny. If reliability is of no concern, a '64 Lotus Elan is a hard to beat for fun -- just make sure the rotoflexes have been chang...
by dbphd
Sat Jun 24, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Bay Area housing
Replies: 69
Views: 6957

Re: Bay Area housing

During my 81 years of living along the CA coast, first in Venice, then most of those years in the hills above Stanford, and now retired in Montecito (Santa Barbara), I've observed a MOL continuous "bubble" with growth in valuation said to be unreasonable. I'm always amused by those who think they ha...
by dbphd
Wed May 24, 2017 12:21 am
Forum: Personal Consumer Issues
Topic: When will used Rolex prices decline significantly?
Replies: 12
Views: 3039

Re: When will used Rolex prices decline significantly?

I've had a Rolex since I graduated college almost 60 years ago, because they took a licking and kept on ticking, whereas in my usage at the time Timex didn't. My stainless steel with gold bezel was lost in shipment. Insurance plus a good bit of cash bought the gold date/day President with bark band ...
by dbphd
Wed Apr 26, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 56
Views: 5160

Re: Porsche Lease

I realize that it can be fun for people who like that sort of thing, but then it becomes a hobby that requires some significant time and money resources beyond getting the car itself. I often drove an '85 Ferrari 308 GTS and '90 Testarossa in FCA and FOC track events, mostly at Laguna Seca and Sear...
by dbphd
Wed Apr 26, 2017 1:10 pm
Forum: Personal Consumer Issues
Topic: Porsche Lease
Replies: 56
Views: 5160

Re: Porsche Lease

I had a 2000 Boxster S that I traded in for a 2012 Carrera S cabriolet. The Boxster is a sports car whereas the Carrera is a GT car, both special in their own ways. We have a 2005 MB E55 AMG wagon for everyday use, and if I were you, I'd keep your other car as well. Both the wagon and GT car can sca...
by dbphd
Thu Apr 20, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Selling classic car via consignment
Replies: 10
Views: 1139

Re: Selling classic car via consignment

OP didn't indicate the milage of his mid-80s SL (but he's not selling a mid-50s 300 SL or even 60s 280 SL); I'd expect the sale to be in the teens, not much room for profit for a consigner. I'd be skeptical of a consigner who's willing to take the car and provide the services offered to OP. A good d...
by dbphd
Wed Apr 19, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: Selling classic car via consignment
Replies: 10
Views: 1139

Re: Selling classic car via consignment

That's not a very rare car. An '89 560 SL might bring a bit more, being the last year. Of course it depends on your location -- they're really common in our small town, but I'd try an ad first in the local paper and tell your MB dealer you want to sell it. Look up it's value on the internet. If it d...
by dbphd
Mon Mar 27, 2017 3:25 am
Forum: Personal Consumer Issues
Topic: Does living at the beach reduce it's appeal?
Replies: 43
Views: 7039

Re: Does living at the beach reduce it's appeal?

We live a short block from the beach in Montecito, a small unincorporated town adjacent to Santa Barbara. For me, the answer is no.
by dbphd
Mon Feb 13, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 3944

Re: BH thoughts on housing crash

I've seen it with my parent's home ownership since the 40s and our ownership since the 70s; our greatest increase in net assets has come from owning homes along the California coast. We live a block from the beach now.
by dbphd
Mon Feb 13, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 3944

Re: BH thoughts on housing crash

Predictions of real estate market timing are worth as much as predictions of stock market timing, essentially nothing. But prices in inland areas of southern California are not as secure as those in areas closer to the ocean. It lacks the intrinsic attraction of the coast and there is so much land a...
by dbphd
Sun Jan 08, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Managing a messy inherited portfolio
Replies: 9
Views: 969

Re: Managing a messy inherited portfolio

When my dad died, I discovered the Paine Webber "advisor" had their funds in front-load high-maintenance-fee tax-managed funds. At my request, Vanguard arranged for all the funds to be moved into no-load low-maintenance-fee funds, and I didn't have to deal with Pain Webber at all. I used a...
by dbphd
Sat Dec 31, 2016 1:57 pm
Forum: Personal Consumer Issues
Topic: Audiophiles help me with setup
Replies: 48
Views: 4282

Re: Audiophiles help me with setup

I think you posed this question at the wrong web site, so mostly got responses of little help. Try AVS, General Asylum, or Audiogon. If you're asking the question, vinyl is probably out for you, CDs, SACDs, and downloaded digital files are probably in, as is streamed audio and digital radio. Avoid t...
by dbphd
Sat Jul 09, 2016 11:37 am
Forum: Investing - Theory, News & General
Topic: Bayesian market predictions?
Replies: 75
Views: 5518

Re: Bayesian market predictions?

Victoria,

It seems as though it would be a useful approach, but don't you need a good estimate of the relevant a priori probabilities?
by dbphd
Thu Jun 23, 2016 12:47 pm
Forum: Personal Consumer Issues
Topic: How Does a Password Manager Impact Day to Day (IOS and Mac)
Replies: 48
Views: 4158

Re: How Does a Password Manager Impact Day to Day (IOS and Mac)

I'm using 1Password on my iMac running OS 10.11.5. I find it very effective and easy to use. I log into it with a password that's easy for me to remember and use its login feature to log into the sites I need to open. If I come to a site that requires a new password, Safari suggest a password and 1P...
by dbphd
Tue Jun 14, 2016 12:41 pm
Forum: Personal Consumer Issues
Topic: Any Porsche 911 owners here?
Replies: 118
Views: 15046

Re: Any Porsche 911 owners here?

I had a friend who owned one, and he noted that driving it required some discipline. If you didn't know what you were doing, the car could "swap ends" on you (because of the engine weight being in the rear). So good luck with your Porsche. Just be careful. There is a rather long list of a...
by dbphd
Thu Mar 31, 2016 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Job in Mountain View, CA
Replies: 21
Views: 2715

Re: Job in Mountain View, CA

Wow, things must have really changed. During my career at SRI in Menlo Park (67-92), Mountain View was one of the low cost areas. We lived in Portola Valley, a small town in the hills above Stanford, then moved to equally expensive Montecito, a small town adjacent to Santa Barbara, after I retired. ...
by dbphd
Tue Nov 10, 2015 12:41 pm
Forum: Investing - Theory, News & General
Topic: Borrow vs. IRA Withdrawal
Replies: 5
Views: 895

Re: Borrow vs. IRA Withdrawal

If your primary home is debt free, what about a 5 year loan on that so the interest would be deductible? When you sell in 2 years, pay off loan. When I retired, I used IRA funds to remodel in preparation for selling our main residence. It was the worst financial decision I ever made. The remodel cos...
by dbphd
Fri Jul 24, 2015 7:09 pm
Forum: Personal Consumer Issues
Topic: Name and address security [Shred mail received?]
Replies: 18
Views: 2043

Name and address security [Shred mail received?]

My wife insists we shred our name and address area from any mail we receive. I think those items are public information, so security doesn't require shredding them. What's the consensus on this?

db
by dbphd
Tue Jun 23, 2015 10:48 am
Forum: Personal Consumer Issues
Topic: Convince me not to buy Porsche
Replies: 190
Views: 24727

Re: Convince me not to buy Porsche

I'm assuming OP is interested in track days, not racing, and they can be a lot of fun. Right after my post doc, I bought a 6 month old '70 911T that I used as a daily driver. The car went to Japan 25 years later with nearly 100 kMi, and sold for more than I paid for it. I regret having sold it, but ...
by dbphd
Tue Jun 16, 2015 2:12 pm
Forum: Investing - Theory, News & General
Topic: Not Buying a Home Could Cost You
Replies: 36
Views: 8838

Re: Not Buying a Home Could Cost You

I should have added, first house was purchased in 1969, shortly after my post doc; second, much larger house, in 1979.

db
by dbphd
Tue Jun 16, 2015 2:09 pm
Forum: Investing - Theory, News & General
Topic: Not Buying a Home Could Cost You
Replies: 36
Views: 8838

Re: Not Buying a Home Could Cost You

We bought our first two homes in a small town located in the hills above Stanford. Those houses were the largest contributors to our net assets, out pacing the 10% of income invested in TIAA-CREF even with matching by the institute.

db
by dbphd
Sat Mar 21, 2015 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Math majors needed in here for loan interest rates thoughts
Replies: 36
Views: 3422

Re: Math majors needed in here for loan interest rates thoug

At 27 and having done the right things, it's time for that Porsche if you want it. When I got my first real job after a post doc, I bought a 6 month old 911T. I may regret some of the financial decisions I've made since, but never that one. After 25 years and 100 kMi, the car was sold to a buyer in ...
by dbphd
Sun Feb 22, 2015 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Whats the best Bank to have on the west coast?
Replies: 21
Views: 2566

Re: Whats the best Bank to have on the west coast?

If you want access to ATMs, Bank of America is likely the best choice.
by dbphd
Thu Dec 25, 2014 1:57 am
Forum: Investing - Help with Personal Investments
Topic: VWINX or 3 fund portfolio
Replies: 10
Views: 3288

Re: VWINX or 3 fund portfolio

I realized right after my initial post that I should have included my allocation, which is roughly 45% VTSAX, 20% VTIAX, and 35% VBTLX -- actually 25% VBTLX and 10% VAIPX. Smaller tax-deferred accounts hold the small-cap value index fund at Vanguard and the real estate fund at CREF from which we tak...
by dbphd
Wed Dec 24, 2014 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: VWINX or 3 fund portfolio
Replies: 10
Views: 3288

VWINX or 3 fund portfolio

I'm 78, wife 75. I've been managing a trust using 3 index funds, total stock market (VTSAX ), total international stock market (VTIAX), and total bond market (VBTLX), with dividends to a money market fund. But over the past 10 years, it appears as though the Wellesley fund (VWINX) has outperformed m...
by dbphd
Wed Dec 17, 2014 1:31 pm
Forum: Personal Consumer Issues
Topic: Volvo vs. Mercedes
Replies: 54
Views: 11136

Re: Volvo vs. Mercedes

I suspect a lot of folks who buy SUVs would be better served by much better driving station wagons. In our little town, MB E-series wagons seem the car of choice. We've had three of them over the years, and one BMW. After 10 years, the interiors of the MBs looked nearly new, the BMW like trash. Our ...
by dbphd
Sun Dec 07, 2014 2:20 pm
Forum: Investing - Theory, News & General
Topic: Retirement Planning: The View from Vanguard
Replies: 8
Views: 1953

Re: Retirement Planning: The View from Vanguard

Reading the context above that line suggests increasing was meant to be decreasing . The point was that even wealthier retirees tend to reduce expenditures as they age. Our goal is to keep expenditure within the income provided by social security and a COLA pension so we don't need to worry about th...
by dbphd
Sun Nov 02, 2014 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Long-Term or Total Bond Index Fund
Replies: 5
Views: 1595

Long-Term or Total Bond Index Fund

Our fixed income is mostly in the Total Bond Index (VBTLX) with a bit over $50K in Inflation-Protected Securities (VIPSX). But the Long-Term Bond (VBLTX) and Long-Term Government Index (VLGSX) seem to have a history of performing much better. Am I missing something or should I switch investments fro...
by dbphd
Tue Oct 28, 2014 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Most financially economical choice for a car
Replies: 53
Views: 6950

Re: Most financially economical choice for a car

Before you shun a car loan, you should compare the loan rate to the ROI on the money you would use to buy a car. In the past, we've paid cash for our cars, but I just bought a car turned in from a lease. The 5-year loan rate is 2.9%; the historic ROI for an allocation like ours is 8.5%. It didn't se...
by dbphd
Tue Sep 02, 2014 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Is a college degree really worth what it costs?
Replies: 33
Views: 2575

Re: Is a college degree really worth what it costs?

A university is more than a trade school, and presumably you come away with more than just the prospects of a higher paying job.

db
by dbphd
Tue Aug 05, 2014 4:06 am
Forum: Investing - Help with Personal Investments
Topic: Change in circumstance
Replies: 2
Views: 764

Change in circumstance

I have been managing a trust at Vanguard of which my 101-year-old mother was the main beneficiary. The allocation of index funds had been 40% total stock, 20% total international, and 40% total bond. About a month ago, I reduced total bond to 30% and added 10% inflation-protected securities, thinkin...
by dbphd
Mon Jul 28, 2014 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Minimizing RMDS
Replies: 1
Views: 465

Minimizing RMDS

My wife is 75; I'm 78. I recently inherited a trust comprised of Vanguard index fund purchased with money that has been taxed. My wife and I have Vanguard small-cap value index funds in IRAs from which we take RMDs. Should I exchange the equity funds in the IRAs for bond funds and exchange the bonds...
by dbphd
Fri Jul 04, 2014 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Paypal and Citibank credit card
Replies: 5
Views: 1394

Re: Paypal and Citibank credit card

I often have PayPal charge an AMEX account for stuff I purchase, and it always appears as a regular charge for goods, not a cash advance. I found that if something goes amiss, AMEX will intervene.

db
by dbphd
Mon Jun 23, 2014 12:48 pm
Forum: Personal Consumer Issues
Topic: Retired Bogleheads want to relocate to California
Replies: 115
Views: 11951

Re: Retired Bogleheads want to relocate to California

We grow orchids only on our balcony, but they do thrive here. We live about a block from the beach where morning overcast is common during the summer. We occasionally shop at some of the commercial orchid vendors in Carpinteria. The road behind the commercial flower fields north (actually west, beca...
by dbphd
Mon Jun 23, 2014 11:32 am
Forum: Personal Consumer Issues
Topic: Retired Bogleheads want to relocate to California
Replies: 115
Views: 11951

Re: Retired Bogleheads want to relocate to California

We've lived in CA all our lives and retired from expensive Portola Valley in the hills above Stanford to expensive Montecito, a small town adjacent to Santa Barbara. SLO might be a good choice, but it does get hot there. For me, a better choice would be Oxnard or Ventura, beach towns with mainly agr...
by dbphd
Sun Jun 15, 2014 1:09 pm
Forum: Personal Consumer Issues
Topic: Cutting the cable cord - how did you do it?
Replies: 110
Views: 14150

Re: Cutting the cable cord - how did you do it?

I offer a different perspective: A DirecTV HD-DVR with at least a subscription to HBO would be my solution to cable. The best program content has come from HBO, but you'd probably want the expanded channel selection. With the exception of PBS, if I had to watch the junk on broadcast TV I'd stick to ...
by dbphd
Sun Jun 01, 2014 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Index Fund and Retirement
Replies: 16
Views: 2267

Re: Total Bond Index Fund amd Retirement

Thanks for the link, Livesoft. I usually don't read these things, but I learned I've been using a tax inefficient strategy of reinvesting dividends rather than moving them to an account that feeds my 101-year old mother's checking account. I also learned that when I inherit, I should move the small ...
by dbphd
Thu May 15, 2014 8:47 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Porsche convertible. Turning 40 soon
Replies: 42
Views: 7008

Re: Talk me out of buying a Porsche convertible. Turning 40

When I got my first real job after a post-doc at Stanford, I bought a 6 month old '70 911T that I kept for 25 years. After a lot of cars, including a few Ferraris, I have a 2000 Boxster S and a 2005 MB E55 AMG wagon, both with about 50 kMi. I think the Boxster S fits between the '64 Lotus Elan and t...
by dbphd
Thu May 15, 2014 12:34 pm
Forum: Investing - Theory, News & General
Topic: A Comfortable Allocation
Replies: 3
Views: 661

Re: A Comfortable Allocation

We're in our 22nd year of retirement. I like to keep expenses within social security and pension income, so we are not dependent on our Vanguard index funds (40% TSM, 20% TISM, 40% TBM) and can watch market fluctuations with interest.

db
by dbphd
Sat Mar 08, 2014 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Risk Tolerance vs Asset Allocation
Replies: 8
Views: 772

Re: Risk Tolerance vs Asset Allocation

I think the link to Vanguard's risk assessment provided in the first post of this thread is a pretty good place to start, because it presents the issues to be considered. The user can game answers and note their effect of projected risk tolerance. There are at least two distinct aspects of risk, the...
by dbphd
Wed Mar 05, 2014 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Tipping for take out
Replies: 74
Views: 10195

Tipping for take out

Is it usual to tip when picking up a take out order?

db
by dbphd
Sat Feb 22, 2014 3:16 pm
Forum: Investing - Theory, News & General
Topic: Retirement percentage advice in question
Replies: 9
Views: 1274

Re: Retirement percentage advice in question

We use Quicken to track income and expenses, with accounts for everything, checking, credit cards, Vanguard, TIAA-CREF, real property, and so forth, and never classify any expense as miscellaneous. After 20 years of retirement experience, our goal is to keep expenses within COLA pension and social s...
by dbphd
Wed Feb 05, 2014 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Your mortgage type, if any [POLL]
Replies: 63
Views: 5389

Re: Your mortgage type, if any [POLL]

We have a 30 year FRM at 4.1% that had no up-front fees. I dawdled too long to get a no-fee 3.6% 30 year FRM. At such historically low rates, I don't understand the rush to pay off such a loan. It may feel good, but it seems to make little economic sense.

db
by dbphd
Fri Jan 17, 2014 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Early retirement investment vehicles
Replies: 44
Views: 3876

Re: Poll: Early retirement investment vehicles

A Ferrari 250 SWB wasn't one of the choices.

db
by dbphd
Wed Jan 15, 2014 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard quality of service
Replies: 63
Views: 5723

Re: vangurd quality of service

My interactions have been mostly online, but with occasional phone calls. Service has been excellent. It may depend on the level of service you have with them.

db
by dbphd
Fri Jan 10, 2014 3:16 pm
Forum: Personal Consumer Issues
Topic: Any Car Enthusiasts?
Replies: 47
Views: 4643

Re: Any Car Enthusiasts?

As investments, cars that are likely to be sure bets tend to be expensive. I had a friends' '67 Ferrari 330 GTC for about a year, and I regret not buying the car when offered to me. At 77, my cars are a 2005 MB E55 AMG wagon and a 2000 Porsche Boxster S. We live a block from the ocean in a small tow...
by dbphd
Wed Nov 06, 2013 1:46 pm
Forum: Personal Consumer Issues
Topic: Auto Insurance Claim
Replies: 10
Views: 1058

Re: Auto Insurance Claim

Our 2000 MB E320 wagon with 155 kMi was hit recently by a person speeding out of a driveway. We contacted our insurance company, Amica. They did everything, including arranging for a rental car and contacting Geico. Our car was declared a total loss and Geico accepted liability. Our only involvement...
by dbphd
Wed Jun 05, 2013 2:05 pm
Forum: Personal Consumer Issues
Topic: The Boglehead Car -- What is It?
Replies: 150
Views: 14787

Re: The Boglehead Car -- What is It?

We're on our second MB E-series wagon, a 2000 bought in 2002 that now has 152 K Mi. It looks and drives nearly as new. In a few years, we expect to buy our third, an AMG E-Series. I'm a car guy, and the handling and seats of the AMG E-wagons are amazing. We also have a 2000 Porsche Boxster S. I like...