Search found 1816 matches

by hoops777
Tue Oct 17, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: HSA taxation in Calif
Replies: 11
Views: 574

Re: HSA taxation in Calif

Thanks.That is good news.I was thinking the entire withdrawal was taxable which did not really make any sense. :D
by hoops777
Tue Oct 17, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: HSA taxation in Calif
Replies: 11
Views: 574

HSA taxation in Calif

A little confused on this issue.So if I have 30,000 in an HSA and withdraw 5000 to pay medical expenses in 2018,is the entire 5000 taxable for state tax or just any gains?
by hoops777
Mon Oct 16, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4382

Re: Which Streaming Service/Live TV?

I stand corrected.Netflix says they have no plans to go after the cheaters at this time as long as passwords are not being sold.The streaming companies are looking at it more with the idea that the people who who do not pay will hopefully breakdown and get an account of their own. With that being sa...
by hoops777
Mon Oct 16, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4382

Re: Which Streaming Service/Live TV?

Not sure what you mean. Netflix allows you to buy a 1, 2 or 4 screen subscription. Are you saying you must personally watch on 4 screens at once, nobody else can view one of the 4 screens ? Seems unlikely that was the intent. I mean you are not allowed to use your friends or relatives accounts to w...
by hoops777
Mon Oct 16, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4382

Re: Which Streaming Service/Live TV?

Not sure what you mean. Netflix allows you to buy a 1, 2 or 4 screen subscription. Are you saying you must personally watch on 4 screens at once, nobody else can view one of the 4 screens ? Seems unlikely that was the intent. I mean you are not allowed to use your friends or relatives accounts to w...
by hoops777
Mon Oct 16, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4382

Re: Which Streaming Service/Live TV?

TRC wrote:
Sun Oct 15, 2017 7:43 pm
SuperSaver wrote:
Wed Oct 11, 2017 12:34 pm
...,We borrow families/friends Netflix, HBO, Amazon Prime logins for free. Our fave channels are Bravo, NBC, etc. Not sports-junkies.
"Borrow"?
Netflix and Amazon do not allow you to borrow.
by hoops777
Sun Oct 15, 2017 7:10 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4382

Re: Which Streaming Service/Live TV?

Found one annoyance, that impacts most/all of these services. While we get local broadcast channels, channels I can most get easily by antenna (Fox, NBC easily), when traveling and using iphone or laptop, these channels sometimes vanish completely. They only are shown in your home area, however the...
by hoops777
Fri Oct 13, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4382

Re: Which Streaming Service/Live TV?

I am not criticizing people’s choices...to each their own.However,I am 65,just retired and I can afford Directv and want to watch what I want,simply,including all of my sports.I also have Netflix and Amazon Prime.My monthly cost is the same as one nice dinner out. When you look at the cost of going...
by hoops777
Thu Oct 12, 2017 9:29 pm
Forum: Personal Consumer Issues
Topic: Refinish hardwood or new carpet
Replies: 8
Views: 672

Re: Refinish hardwood or new carpet

If they are bedrooms,consider inexpensive carpet,otherwise refinish the hardwood.
by hoops777
Thu Oct 12, 2017 9:23 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4382

Re: Which Streaming Service/Live TV?

I am not criticizing people’s choices...to each their own.However,I am 65,just retired and I can afford Directv and want to watch what I want,simply,including all of my sports.I also have Netflix and Amazon Prime.My monthly cost is the same as one nice dinner out. When you look at the cost of going ...
by hoops777
Mon Oct 09, 2017 8:32 am
Forum: Investing - Theory, News & General
Topic: business owner, what is your income from business and how did you get into successfully business, what's your networth?
Replies: 17
Views: 2311

Re: business owner, what is your income from business and how did you get into successfully business, what's your networ

I do not like the odds of starting a used car business with the reason being to become very wealthy.There is also a lot more competition from do it yourself sites like auto trader that did not exist years ago. People do not only start businesses just to sell it someday.Many really small businesses p...
by hoops777
Thu Oct 05, 2017 9:30 pm
Forum: Personal Consumer Issues
Topic: Boston to Bar Harbor trip
Replies: 33
Views: 2091

Re: Boston to Bar Harbor trip

Thanks everyone.Flying tomorrow but will be checking in for any other ideas. :D
by hoops777
Thu Oct 05, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Definition of buying...obtain in exchange for payment.What payment is being exchanged? You are holding your portfolio and choosing not to sell.You are not buying anything unless you buy new shares.I guess all those bogleheads who think they are passive investors would be shocked to know that they a...
by hoops777
Thu Oct 05, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Definition of buying...obtain in exchange for payment.What payment is being exchanged? You are holding your portfolio and choosing not to sell.You are not buying anything unless you buy new shares.I guess all those bogleheads who think they are passive investors would be shocked to know that they ar...
by hoops777
Thu Oct 05, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

All I can say is that I disagree.I already bought my portfolio and now I will decide when and if I buy more.I am choosing not to sell which is not buying.I own and drive a car everyday.It changes in value frequently so am I buying my car everyday?How about my house?Thats gone up 10 pct the last yea...
by hoops777
Wed Oct 04, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Do I have to tell a man with a lemon avatar that I was joking? Happy investing and I do admire your unwavering commitment to your belief :beer I dug up a post I posted in another thread back in June. I linked a bunch of threads since 2012 where people are concerned about investing at an all time hi...
by hoops777
Wed Oct 04, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Do I have to tell a man with a lemon avatar that I was joking? Happy investing and I do admire your unwavering commitment to your belief :beer I dug up a post I posted in another thread back in June. I linked a bunch of threads since 2012 where people are concerned about investing at an all time hi...
by hoops777
Tue Oct 03, 2017 7:25 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Do I have to tell a man with a lemon avatar that I was joking?
Happy investing and I do admire your unwavering commitment to your belief :beer
by hoops777
Tue Oct 03, 2017 5:48 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

I will tell you what the difference is. Say I have 1 million in the total market. I inherit 200,000. Because I do not want to lump sum the 200,000 into the current market,you say I should sell the million and dca that as well. So in your words there is no difference between market timing 200,000 vs...
by hoops777
Tue Oct 03, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

See now you are getting somewhere!YOU do not worry about a lump sum because YOU have 40 pct in fixed income.YOU have a large portfolio.Do you not consider that someone else has a financial situation that is drastically different from yours?Maybe someone just retired and has a very small portfolio a...
by hoops777
Tue Oct 03, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Well my point was that ,it is REASONABLE to not want to lump sum a windfall into to any market The funny thing is that you still don't see that money already invested is equivalent to investing a lump sum. Under your theory, you should keep selling everything so that you can DCA it back in. What th...
by hoops777
Tue Oct 03, 2017 11:23 am
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Earl Lemongrab wrote:
Mon Oct 02, 2017 11:27 pm
hoops777 wrote:
Mon Oct 02, 2017 10:18 pm
You never answered my question about Bernstein.
Because I didn't know what you meant.
I assumed you understood that he does not agree with you.There were earlier posts about it.
by hoops777
Tue Oct 03, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Hoops and Earl, you seem to be having a side conversation with just each other. Do either of you have any disagreement with what's posted on the wiki? The recommendation there is to either: 1. invest in a lump sum today 2. dollar cost average in over 6 months 3. invest 50% today and to DCA in the o...
by hoops777
Mon Oct 02, 2017 10:18 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

You never answered my question about Bernstein. I am happy for you that you have done well with your investments,but maybe you might try being a little less dogmatic.You are a smart guy and you have to know there is a difference between thinking that you can always time and outsmart the market vs.ge...
by hoops777
Mon Oct 02, 2017 7:38 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

A lot of people knew what I knew in 2008 as well and lumped sum and were wrong,wrong,wrong. :D Is Bernstein anchoring?You are right about the special powers,but we do both have the right to evaluate what we see and form opinions that may be polar opposite but reasonable.Lets just leave it at that.Pl...
by hoops777
Mon Oct 02, 2017 6:15 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

I apologize sincerely for looking at a very long aging bull market with stocks at all time highs,chaos in DC that cannot be talked about,huge international problems,natural disasters and other things,and saying that if I had somehow acquired a large amount of money,I may not want to lump sum it all ...
by hoops777
Mon Oct 02, 2017 5:28 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Everyone knows all of the usual responses to this question,but I would say that a reasonable person might not want to invest a large lump sum 100 pct into stocks right now for some very obvious reasons,some which cannot be discussed on this forum. Then you shouldn't want to keep what you have in th...
by hoops777
Mon Oct 02, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: How do you avoid bad market timing for lump sum investments?
Replies: 67
Views: 6729

Re: How do you avoid bad market timing for lump sum investments?

Everyone knows all of the usual responses to this question,but I would say that a reasonable person might not want to invest a large lump sum 100 pct into stocks right now for some very obvious reasons,some which cannot be discussed on this forum.
by hoops777
Mon Oct 02, 2017 10:56 am
Forum: Personal Consumer Issues
Topic: Boston to Bar Harbor trip
Replies: 33
Views: 2091

Re: Boston to Bar Harbor trip

Thanks for all of the posts so far.Keep them coming because I am sure they are helping out a lot of people besides me :D
by hoops777
Mon Oct 02, 2017 10:55 am
Forum: Personal Consumer Issues
Topic: Boston to Bar Harbor trip
Replies: 33
Views: 2091

Re: Boston to Bar Harbor trip

Washingtonian wrote:
Mon Oct 02, 2017 9:27 am
If you travel through Belfast, ME - Chase's Daily is where we have lunch on every trip to MDI. (I created an account just to recommend this restaurant to you.)
Wow.Thanks.I will see if we are going that way.
by hoops777
Sun Oct 01, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: Boston to Bar Harbor trip
Replies: 33
Views: 2091

Re: Boston to Bar Harbor trip

We will be in Acadia the 12th,13th and 14th and N .Conway the 15th so hopefully it will be pretty good by then.
by hoops777
Sun Oct 01, 2017 12:16 pm
Forum: Personal Consumer Issues
Topic: Boston to Bar Harbor trip
Replies: 33
Views: 2091

Re: Boston to Bar Harbor trip

In the Boston area, the following are good places to eat (these are my personal favorites, so aren't always close to the tourist areas): Oleana- Turkish Sarma- also Turkish (same owner as above) Suvaai- South Indian (very fresh ingredients) Chili Garden- Szechuan, very spicy Mama Maria- Italian, a ...
by hoops777
Sun Oct 01, 2017 12:10 pm
Forum: Personal Consumer Issues
Topic: Boston to Bar Harbor trip
Replies: 33
Views: 2091

Re: Boston to Bar Harbor trip

In Boston area check out Orinoco for Venezuelan food. I love Rosa Mexicano. (They'll partially validate your parking) Get the BestParking app to not get slaughtered on parking in Boston. Thanks for the suggestions,but not sure if I want dining suggestions from someone with your Alpo tag line :D It'...
by hoops777
Sat Sep 30, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: Boston to Bar Harbor trip
Replies: 33
Views: 2091

Re: Boston to Bar Harbor trip

motorcyclesarecool wrote:
Sat Sep 30, 2017 5:25 pm
In Boston area check out Orinoco for Venezuelan food. I love Rosa Mexicano. (They'll partially validate your parking) Get the BestParking app to not get slaughtered on parking in Boston.
Thanks for the suggestions,but not sure if I want dining suggestions from someone with your Alpo tag line :D
by hoops777
Sat Sep 30, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6407

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

You buy 100,000 of SP500 Monday.I buy 100,000 1 month from today after it tanked 20 pct.Who has more money 20 years from today?Just making a point that timing CAN make a difference.We all know the opposite effect as well so no lectures needed. :D Well if someone buys SP500 EVERY Monday, and someone...
by hoops777
Sat Sep 30, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6407

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

I dca into my accounts every payday. I don't care what the markets are doing (up, down, sideways). I' am a long term buy & hold investor. It's time in the markets not timing the markets...that's the big secret. You buy 100,000 of SP500 Monday.I buy 100,000 1 month from today after it tanked 20 pct....
by hoops777
Sat Sep 30, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7005

Re: 3 stages of Financial Independence

I just retired at 65 and I would say we are at level 2 1/2.We may make it to level 3 but will be too old to take advantage of it. :D I also truly believe if we had a billion dollars my wonderful wife would still approach everything like we were at level one.
by hoops777
Sat Sep 30, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Boston to Bar Harbor trip
Replies: 33
Views: 2091

Boston to Bar Harbor trip

I had a topic about our upcoming trip a couple months ago,and was given so many great recommendations about what to see and where to stay.We are leaving this Friday,and would really appreciate restaurant ideas.My life loves seafood so that would be number one and maybe some pizza and dessert places ...
by hoops777
Sat Sep 30, 2017 2:32 pm
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 4461

Re: Which bogleheads have a "high need to take risk"?

You have risk in buying 100 pct stocks but in index funds.If you really want risk buy only individual stocks.If you really want huge potential rewards buy only individual stocks.One of my relatives in his 30's only owns 5 stocks.....Google,Amazon,Facebook,Apple and Tesla.
by hoops777
Fri Sep 29, 2017 4:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 133
Views: 30957

Re: Vanguard's Wellesley Income fund is incredible

I believe in Bill Bernstein advice, : When you’ve won the game, stop playing. https://www.wsj.com/articles/how-to-tell-if-your-retirement-nest-egg-is-big-enough-1421726456 If you wanted to have only one fund in retirement (take out 3% a year) would it be Wellesley? Paul I don't really care for that...
by hoops777
Fri Sep 29, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 133
Views: 30957

Re: Vanguard's Wellesley Income fund is incredible

I believe in Bill Bernstein advice, : When you’ve won the game, stop playing. https://www.wsj.com/articles/how-to-tell-if-your-retirement-nest-egg-is-big-enough-1421726456 If you wanted to have only one fund in retirement (take out 3% a year) would it be Wellesley? Paul I don't really care for that...
by hoops777
Thu Sep 28, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 133
Views: 30957

Re: Vanguard's Wellesley Income fund is incredible

If Wellesley has a current portfolio of intermediate bonds yielding say 3 pct just to keep it simple,they will continue to yield that until maturity.If interest rates rise,the fund will buy new bonds at a higher yield to replace the maturing bonds.How does this result in the bonds underperforming by...
by hoops777
Tue Sep 26, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Memory Foam Mattress Recomendations
Replies: 51
Views: 4419

Re: Memory Foam Mattress Recomendations

I suspect many have never, or seldom, heard of any other than Tempurpedic. Consumer Reports had an article within the last year rating memory foam mattresses and Tempurpedic was way down the list in evaluation and way up the list on price. You might want to check the rankings. Tim Consumer Reports ...
by hoops777
Tue Sep 26, 2017 12:36 pm
Forum: Personal Consumer Issues
Topic: Memory Foam Mattress Recomendations
Replies: 51
Views: 4419

Re: Memory Foam Mattress Recomendations

We have had the basic tempurpedic for 15 years and it is still great.
by hoops777
Tue Sep 26, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Another "Should I sell my business" thread
Replies: 26
Views: 2526

Re: Another "Should I sell my business" thread

If selling the business provides everything you want and need for your family and you no longer care about the day to day challenge of running it it,sell it.Assuming that you have a guaranteed great outcome now vs an unknown outcome the longer time marches forward.Not to be pessimistic,but sometimes...
by hoops777
Tue Sep 26, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: Research Affiliated Model Portfolios: ZERO % US stocks
Replies: 46
Views: 4654

Re: Research Affiliated Model Portfolios: ZERO % US stocks

Look at every study and prediction from every expert out there,and then come to grips with the only real fact regarding the future....Nobody knows.
by hoops777
Mon Sep 25, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6135

Re: Spouse Money Management

I honestly believe if you are so crazed about coming up with a system that will control your potential wife's spending,as well as talking allowances and loans.......good luck with this relationship.I can not imagine a normal relationship anything like this.Sounds like someone or both of you are taki...
by hoops777
Sat Sep 23, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 112
Views: 11836

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

I might be wrong,that would be a surprise :D ,but I think a lot of the desire to own dividend stocks is at some level related to the idea that people love free things,rewards and gifts.Dividends are none of those things,but can be incorrectly perceived that way.I say this based on the comments I hav...
by hoops777
Fri Sep 22, 2017 6:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 112
Views: 11836

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

I just received an email from Schwab inviting me to a meeting with their partner,Thomas Partners about retirement income.They use a balanced approach made up of dividend growth stocks and fixed income to create a monthly paycheck that keeps up with inflation,blah,blah,blah. I will not be attending b...
by hoops777
Fri Sep 22, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 36016

Re: Michael Kitces 4% rule podcast on Madfientist

Yes she does and she is not as good looking,interesting or funny as my target so you should do just fine.We will talk reimbursement after we see how it goes :D