Search found 657 matches

by gasman
Sun Aug 20, 2017 5:36 pm
Forum: Personal Consumer Issues
Topic: Frozen steaks ordered through the mail
Replies: 29
Views: 2809

Re: Frozen steaks ordered through the mail

Costco cuts their steaks too thick.
Lobels is awesome but very expensive.
Allen Brothers is slightly lower quality but a much better value.
Local Butcher can be awesome if you have a have access to one.
by gasman
Mon Aug 14, 2017 5:23 pm
Forum: Investing - Theory, News & General
Topic: Fed unloading bonds?
Replies: 17
Views: 2067

Re: Fed unloading bonds?

Everyone knows about the Fed's plans. So this should be built into current prices.
Also, other foreign central banks could take up the slack and print money and buy US Treasury bonds.
Nobody knows nothing.
by gasman
Wed Aug 09, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Municipal Funds in a Traditional IRA?
Replies: 24
Views: 1119

Re: Municipal Funds in a Traditional IRA?

I think that there is a very rare (maybe once a generation case) to be made for buying muni bonds in a tax advantaged account: If you are willing to market time and and believe that municipal bonds are cheap relative to taxable bonds. In the last decade, (POST MEREDITH WHITNEY) the muni/treasury rat...
by gasman
Sat Aug 05, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 9047

Re: Has the "bond bubble" caused you to change your allocation?

Slight tinkering. A little shorter duration as the yield curve as flattened. A little more in CDs as opposed to corporates as the corporate to treasury spread has narrowed. Nibbling at TIPs in the 7-10 year range whenever real yield gets above 0.5%.
by gasman
Sat Jul 29, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Your "at peace" moments.
Replies: 98
Views: 11134

Re: Your "at peace" moments.

first sip of a martini on friday afternoon with good weather that I don't have to work the weekend.
by gasman
Sat Jul 15, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Urgent 1st world problem [coffeemaker]
Replies: 48
Views: 3348

Re: Urgent 1st world problem [coffeemaker]

Love our technivorm
by gasman
Wed Jun 14, 2017 11:10 am
Forum: Investing - Theory, News & General
Topic: The amount of mined gold is increasing fairly rapidly, IMO
Replies: 22
Views: 1620

Re: The amount of mined gold is increasing fairly rapidly, IMO

If we ever go back to the gold standard, Gold mining companies get to be the new central bankers. :shock: :shock:
by gasman
Wed May 17, 2017 9:49 pm
Forum: Personal Consumer Issues
Topic: Paris private tours
Replies: 12
Views: 1264

Re: Paris private tours

Looking to save time, avoid lines, not waste time wandering. Don't think recorded tour would be optimal
by gasman
Wed May 17, 2017 9:32 pm
Forum: Personal Consumer Issues
Topic: Paris private tours
Replies: 12
Views: 1264

Paris private tours

Going to Paris first time in one month. Staying in the Marais for one week. Would like to arrange private tour of The Louvre maybe a private car tour as well. Have done in other international cities and found it a worthwhile expense. Does anyone have any recommended tour services or specific suggest...
by gasman
Thu Apr 20, 2017 6:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 40011

Re: Larry Swedroe says "Goodby."

Thank you Larry. In my book you are a mensch.
by gasman
Tue Mar 28, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Red light camera Fort Worth
Replies: 50
Views: 3783

Re: Red light camera Fort Worth

Wait a second... right turn on red is legal in Texas unless there's a sign. It's legal, but must come to a complete stop before proceeding. I had a red light camera ticket in another TX city, when I received the notice I called BS until I went to their website and was able to see the video. I clear...
by gasman
Thu Mar 09, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time for TIPS?
Replies: 13
Views: 2243

Re: Is it time for TIPS?

David Jay wrote:TIPS yield is low and inflation is low. I would hold off, at least for now.


Yields are low...but they are ticking up. Might even add a double rung to my ladder at this month's ten year auction.
by gasman
Wed Feb 22, 2017 7:39 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads work BECAUSE its hard
Replies: 22
Views: 2821

Re: Bogleheads work BECAUSE its hard

I don't think that it is "hard". I think that it is somewhat an inborn trait. Human beings are hardwired to be bad investors. This has been discussed numerous times. The field of behavioral finance is replete with literature supporting this. I am willing to bet that bogleheads who are able...
by gasman
Tue Jan 24, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 26
Views: 2637

Re: Tax return for adult daughter

kaneohe wrote:
gasman wrote:Similar question. My daughter graduated college in May. Moved to another state in July and started full time employment. ...................................


and June?


traveled. hung out with friends.
by gasman
Tue Jan 24, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 26
Views: 2637

Re: Tax return for adult daughter

Ouch. Thanks for the info.
by gasman
Mon Jan 23, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 26
Views: 2637

Re: Tax return for adult daughter

Similar question. My daughter graduated college in May. Moved to another state in July and started full time employment. We paid for her tuition. Name brand high priced college. Paid for tuition and last semester expenses from 529 plan owned by me for which she was the beneficiary. Disbursement mad...
by gasman
Sun Jan 22, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 26
Views: 2637

Re: Tax return for adult daughter

Similar question. My daughter graduated college in May. Moved to another state in July and started full time employment. We paid for her tuition. Name brand high priced college. Paid for tuition and last semester expenses from 529 plan owned by me for which she was the beneficiary. Disbursement made...
by gasman
Tue Jan 03, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: Thoughts on this inverse living floor plan and building a home in general
Replies: 30
Views: 2772

Re: Thoughts on this inverse living floor plan and building a home in general

This type of home design is very common in coastal areas prone to flooding. Lots less damage from flood waters. If I lived in such a an area would prefer this type of design. Other than that, not so much.
by gasman
Mon Nov 21, 2016 7:32 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 682

Re: Tax loss BMBIX

pshonore wrote:These kinds of questions can be answered by looking at the Prospectus:

http://content.rwbaird.com/BairdFunds/P ... pectus.pdf (page 104)

Sorryy, couldn't copy and paste.



Thank you. Not the answer I wanted. Will have to wait till early 2017.
by gasman
Mon Nov 21, 2016 5:04 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 682

Re: Tax loss BMBIX

When selling for a loss, you have a wash sale if you acquired replacement shares in the wash sale window 30 days before and 30 days after the sale. I don't think it matters whether the fund accrues dividends daily or not. If you did not reinvest in the wash sale window you're good. If the fund decl...
by gasman
Mon Nov 21, 2016 2:18 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 682

Tax loss BMBIX

Would like to tax loss harvest BMBIX. Last purchase was less than six months ago. Does anyone know if they declare their dividends daily so part of the loss won't be disallowed? Can't find the info in the fund documents?
by gasman
Mon Oct 31, 2016 10:40 am
Forum: Personal Consumer Issues
Topic: Rationale for doctors' offices not booking >6 months ahead?
Replies: 26
Views: 3230

Re: Rationale for doctors' offices not booking >6 months ahead?

calendar software limitations. Doctors who go to multiple offices not knowing their work schedule that far out. Doctors not knowing their vacation schedule that far out.
by gasman
Mon Oct 31, 2016 5:42 am
Forum: Personal Finance (Not Investing)
Topic: person not following through after scraping my car
Replies: 19
Views: 3058

Re: person not following through after scraping my car

Had the same thing happen to me. His insurance company told me to pound sand. Had to go through my own. Of course the high deductible made it not worth it.
by gasman
Sun Oct 23, 2016 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Medical practice (Neurology) buy-in
Replies: 28
Views: 2119

Re: Medical practice (Neurology) buy-in

Agree with stay the course and others who feel that this is likely a ripoff. If you do consider buying in, do it as a salary reduction over five years or so.
by gasman
Wed Oct 12, 2016 12:22 pm
Forum: Investing - Theory, News & General
Topic: Why aren't international stocks cheaper?
Replies: 29
Views: 3233

Re: Why aren't international stocks cheaper?

Because people (wrongly) believe that they will grow faster then the US in the next 20 years. On the surface, I believe this to be a key point. No one has any idea which will provide a higher return. Low valuations indicate higher expected but not guaranteed returns. High valuations indicate lower ...
by gasman
Mon Oct 10, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"
Replies: 109
Views: 15634

Re: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"

I have noted that many people place a huge value on how others spend their money. Those who spend as they do affirm their choices. Those that spend differently is an implied criticism. Big house and fancy cars vs. small house practical cars. Public school vs. Private school. Clothes, Jewelry, etc., ...
by gasman
Mon Oct 10, 2016 9:52 am
Forum: Investing - Theory, News & General
Topic: Where do you keep your kids' money?
Replies: 54
Views: 7783

Re: Where do you keep your kids' money?

Earned income- Roth IRA

unearned income: 1. UGMA Account @ Vanguard. Opened when infants. Invested in Vanguard Intermediate term Corporate to make use of the tax benefit every year. Used the account during high school years to pay for private school tuition. 2. 529.
by gasman
Wed Oct 05, 2016 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Which one to do first, a Refinance or Remodel?
Replies: 10
Views: 850

Re: Which one to do first, a Refinance or Remodel?

Both at the same time. Refinance and set up a home equity line of credit as part of the same process that you tap to remodel.
by gasman
Sat Oct 01, 2016 8:05 am
Forum: Investing - Theory, News & General
Topic: Municipal bonds, determinants of returns, don't forget liquidity
Replies: 18
Views: 1572

Re: Municipal bonds, determinants of returns, don't forget liquidity

Larry, How do you deal with high bracket investors who have most of their assets in taxable accounts who want the after tax benefits of munis and who want to keep some "dry powder" in a taxable account for buying stocks when prices drop? In the financial crisis munis became relatively illi...
by gasman
Sun Sep 25, 2016 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How much is free lifetime healthcare worth?
Replies: 2
Views: 662

Re: How much is free lifetime healthcare worth?

I guess it depends on how easy it was to access that healthcare. My understanding of the Canadian system is that unless you know somebody, there is a significant queue for many medical services.
by gasman
Fri Sep 23, 2016 1:08 pm
Forum: Personal Consumer Issues
Topic: Cancun, Grand Cayman or Other Caribbean Islands
Replies: 28
Views: 2807

Re: Cancun, Grand Cayman or Other Caribbean Islands

have also stayed at intercontinental cozumel. Lovely property and service. Cozumel is pretty quiet and relaxed. Would definitely do the fly direct thing to cozumel as opposed to cancun/ferry option.
by gasman
Fri Sep 23, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Cancun, Grand Cayman or Other Caribbean Islands
Replies: 28
Views: 2807

Re: Cancun, Grand Cayman or Other Caribbean Islands

Depends what your priorities are: January can be a little spotty in grand cayman weather wise. More reliable pool/beach weather in Cancun. Grand Cayman is more expensive than Cancun. If you are into the ocean beach swimming as opposed to pool. Lots of the properties on Cancun have rough surf and mar...
by gasman
Wed Sep 14, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Denied Term Life Insurance/A Reminder to Get Your House in Order
Replies: 40
Views: 4855

Re: Denied Term Life Insurance/A Reminder to Get Your House in Order

You didn't share your medical condition. Many medical conditions are more likely to result in moderate to long term disability as opposed to sudden death. Maximizing disability benefits at minimal costs given your situation may be something that you should consider.
by gasman
Mon Sep 12, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Suggestions for locations for post-Christmas vacation in Carribbean?
Replies: 13
Views: 1419

Re: Suggestions for locations for post-Christmas vacation in Carribbean?

The two weeks around christmas new years are brutally expensive for accommodations and airfare. Missing some school for early primary grades won't be that big a deal if that's your concern for choosing those dates. If you do book those dates BOOK EARLY. Kid friendly at that age to us meant a good sa...
by gasman
Wed Aug 24, 2016 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard discouraging investing with Prime MM
Replies: 12
Views: 3187

Vanguard discouraging investing with Prime MM

Everyone is aware of the move by Vanguard to use the Federal Money market as the settlement account for VBS transactions. In the last 90 days I have had my HSA and my 401k (which have different custodians managing) replace the Vanguard Prime money market option with something else. It seems that Van...
by gasman
Tue Aug 23, 2016 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Hidden Wealth of the Silent Generation
Replies: 9
Views: 1763

Re: Hidden Wealth of the Silent Generation

If he was in the Army in Korea, he experienced WW2 as an adolescent and maybe the great depression was part of his memories. In addition to the deprivations that those who served overseas experienced, for those that were home due to youth or gender - meat, gasoline, butter, and sugar were rationed. ...
by gasman
Mon Aug 15, 2016 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Think Oregon 529 is *clearly* better than Roth - what am I missing?
Replies: 13
Views: 1490

Re: Think Oregon 529 is *clearly* better than Roth - what am I missing?

You are not missing anything. But I would add the caveat if and only if you plan to use the 529 monies for eligible higher education expenses.
by gasman
Thu Jul 28, 2016 9:19 am
Forum: Personal Consumer Issues
Topic: What makes people succeed?
Replies: 98
Views: 9865

Re: What makes people succeed?

Some combination of talent, drive, and luck.
by gasman
Wed Jul 06, 2016 2:57 pm
Forum: Investing - Theory, News & General
Topic: Credit Risk Premium
Replies: 17
Views: 1499

Re: Credit Risk Premium

Larry,

Given the downsides of corporate bonds, what do you think is the role of a fund like DFEQX is in a portfolio I believe that you have recommended it in the past.
by gasman
Thu Jun 30, 2016 4:01 am
Forum: Investing - Theory, News & General
Topic: What is the Bogleheads position on Long-term successful daytraders?
Replies: 104
Views: 9504

Re: What is the Bogleheads position on Long-term successful daytraders?

They probably do exist. Probably slightly less prevalent than successful gamblers.
However, I personally never have met anyone who admits to going to Las Vegas and losing.
by gasman
Fri Jun 24, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: don't deal in GBP pound sterling today (June 23 2016)
Replies: 46
Views: 4320

Re: don't deal in GBP pound sterling today (June 23 2016)

As luck would have it I am traveling to London tomorrow. Suggestions for changing cash? Airport? Hotel? Bank on Monday?
by gasman
Fri Jun 24, 2016 4:47 am
Forum: Investing - Theory, News & General
Topic: Buying international ETFs today
Replies: 2
Views: 795

Buying international ETFs today

Planning to add to my international position today. Given that this is likely to be an unusual day in the markets, is there a way to discern whether or not an international ETF from whatever provider is trading a significant discount (or premium)?on a real time basis? Looking to pick up an extra per...
by gasman
Thu Jun 09, 2016 11:02 am
Forum: Investing - Theory, News & General
Topic: 10 Year Treasury low yield
Replies: 45
Views: 4676

Re: 10 Year Treasury low yield

Anybody shortening durations given near record low yields and a pretty flat yield curve? Even at the cost of harvesting capital gains?

Been thinking of doing just that. Have a good amount of unrealized gains in Vanguard intermediate term tax empt and my state specific fund.
by gasman
Wed Jun 01, 2016 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Need tips: interviewing for private practice GI job
Replies: 4
Views: 585

Re: Need tips: interviewing for private practice GI job

Are all partners equal? Founding partners with enhanced voting rights? Seniority based perks? Are any family members employees of the practice? Or do any family members sell goods and services e.g. brother of doc is corporate accountant or runs retirement plan? Does the practice have any sweet heart...
by gasman
Tue May 31, 2016 2:47 pm
Forum: Personal Consumer Issues
Topic: Would you pay 6x face value to see Hamilton on Broadway?
Replies: 139
Views: 12077

Re: Would you pay 6x face value to see Hamilton on Broadway?

vectorizer wrote:
gasman wrote: I did in fact pay up to see Hamilton six month ago on a trip to NY. only paid about $450 per ticket on a Tuesday night.

In retrospect, was it worth it?


For the happiness that it brought my wife and daughter it was. For me...Nope.
by gasman
Tue May 31, 2016 2:37 pm
Forum: Personal Consumer Issues
Topic: Would you pay 6x face value to see Hamilton on Broadway?
Replies: 139
Views: 12077

Re: Would you pay 6x face value to see Hamilton on Broadway?

It's Ok to do something completely frivolous once in awhile. I did in fact pay up to see Hamilton six month ago on a trip to NY. only paid about $450 per ticket on a Tuesday night.
by gasman
Mon May 30, 2016 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Private school? Any regrets?
Replies: 92
Views: 7934

Re: Private school? Any regrets?

Sent both kids to private school all the way through. They turned out well. Both went to competitive private colleges. No regrets even though it was serious money.
by gasman
Mon May 16, 2016 9:08 am
Forum: Investing - Theory, News & General
Topic: Vanguard's bond desk shows no 7 nor 10 year brokered CDs
Replies: 10
Views: 1397

Re: Vanguard's bond desk shows no 7 nor 10 year brokered CDs

There are choices available in the 7-10 year range on the secondary market @ VBS.
by gasman
Sun May 08, 2016 9:46 am
Forum: Investing - Theory, News & General
Topic: public pension plan unfunded liabilities
Replies: 75
Views: 10029

Re: public pension plan unfunded liabilities

Re political, no one needs to discuss the politics of the situation, just focus on the investment implications of the underfunding. That's safe ground. It has implication certainly if you are an employee of one of the plan sponsors, and it has implications even if not--your state could suffer first...
by gasman
Wed May 04, 2016 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting too early? Firecalc comments
Replies: 21
Views: 4142

Re: Quitting too early? Firecalc comments

"life happens" - evolving values, changes at work with possibly lower income in the future, maybe dropping my FTE status, health problems - and as a result I am looking at saving 'only' 20% of our gross income going forward. Up until now, we have saved 40%ish of gross. If I plug the follo...