Search found 1294 matches

by hoops777
Thu Jan 19, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 230
Views: 13769

Re: Annual Vacation Budget

Like everything else in life it comes down to the individual.I can see someone getting more happiness out of driving a nice car everyday than a week on vacation.All vacations are not magical as much as we would like them to be.Do we really need a study to tell us what makes us happy.
by hoops777
Wed Jan 18, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: Streaming TV for Elderly Parents
Replies: 39
Views: 2783

Re: Streaming TV for Elderly Parents

Lindrobe if you have such a limited amount of programs your bill should be no where close to that.Should be well under 100 unless you are adding in phone and internet
by hoops777
Wed Jan 18, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: Streaming TV for Elderly Parents
Replies: 39
Views: 2783

Re: Streaming TV for Elderly Parents

After watching the streaming for awhile,when I go back to DIRECTV the picture looks so vivid and clear it is unbelievable.If someone needs to save money to stay on a strict budget I can understand ditching cable or satellite,but all those people with plenty of money I just do not get it.
by hoops777
Mon Jan 16, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: Streaming TV for Elderly Parents
Replies: 39
Views: 2783

Re: Streaming TV for Elderly Parents

Forget about saving a few bucks and give them what is easiest for them and has what they watch.Should be a simple choice.Just keep Comcast and not try to force technology on them that is easy for you and a nightmare for them.If it costs you an extra 20 bucks they are your parents,so eat one less lun...
by hoops777
Mon Jan 16, 2017 7:47 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4898

Re: Why not put it all in TIPS?

This thread has mostly run it's course but I will add that there is only one thing in life that is ABSOLUTELY GUARANTEED and we all know what that is :D
by hoops777
Sun Jan 15, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4898

Re: Why not put it all in TIPS?

Dimitri just go for it.You have convinced yourself that tips are foolproof and the best path for you.You have rejected any conflicting advice by always coming back to how safe they are.I suppose tips are as foolproof as one can get if you feel comfortable putting all your eggs in one basket.Really,w...
by hoops777
Sat Jan 14, 2017 10:00 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4898

Re: Why not put it all in TIPS?

Dimitri.I am very far from being an expert and am barely competent,but it makes no sense to just assume that nothing could ever happen to cause a major problem with tips.Is it likely ? No,but there are other very safe and reasonable alternatives to spread it around a bit with.They have all been ment...
by hoops777
Sat Jan 14, 2017 9:29 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4898

Re: Why not put it all in TIPS?

SINGLE ASSET CLASS CATASTROPHIC FAILURE....Repeat after index fan.... :D
Very wise words of warning.
by hoops777
Sat Jan 14, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4898

Re: Why not put it all in TIPS?

Cd's,annuities,treasuries,bond funds,muni bonds,cash and just a pinch of total stock market :D
by hoops777
Sat Jan 14, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4898

Re: Why not put it all in TIPS?

I am extremely conservative in my investing and would never put everything in tips or any other singular entity.Stuff happens and sometimes even things that seem so impossible.Bad idea.Quit playing the game in other ways.
by hoops777
Tue Jan 10, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: Schwab money market funds
Replies: 2
Views: 237

Re: Schwab money market funds

I knew that but it seems a little out there.
by hoops777
Tue Jan 10, 2017 5:03 pm
Forum: Investing - Theory, News & General
Topic: Schwab money market funds
Replies: 2
Views: 237

Schwab money market funds

Just transferred everything to Schwab and confused about their money market funds.Any suggestions appreciated.Vanguard was .46 with .11 exp and Schwab seems to have higher exp ratios than their yields.
by hoops777
Mon Jan 09, 2017 5:46 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo corp bond
Replies: 8
Views: 495

Re: Wells Fargo corp bond

CaliJim....I am not market timing and I did not say in fact no doubt the nav will drop 20 pct.You said it not me.I inferred that it could.These would also be in an IRA.I believe there are quite a few on this board buying cds for the same reason.So are you saying Wells Fargo in your opinion is risky?...
by hoops777
Mon Jan 09, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Do you really need 2.5 million to retire well?
Replies: 267
Views: 46365

Re: Do you really need 2.5 million to retire well?

The point Harryw is that because one lives in a high COL area,it does not necessarily mean they have a high COL.2500 per month for housing with no ownership costs like prop taxes and maintenance is not that high.Very low for where you live.You were implying that because you live in the Bay Area and ...
by hoops777
Mon Jan 09, 2017 4:31 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo corp bond
Replies: 8
Views: 495

Re: Wells Fargo corp bond

I am trying to eliminate seeing the nav lose 20 pct or something.I was actually thinking about combining VCIT that with the cd's and the Wells Fargo.Maybe 20-20-60 with the 60pct being cds.
by hoops777
Mon Jan 09, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do you really need 2.5 million to retire well?
Replies: 267
Views: 46365

Re: Do you really need 2.5 million to retire well?

You said awesome insight like it was so obvious and then you did the same thing,acting as if nobody should have higher expenses than you????
by hoops777
Mon Jan 09, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo corp bond
Replies: 8
Views: 495

Re: Wells Fargo corp bond

Thanks.They have a couple that mature in 6 and 7 years at about 3.4.
by hoops777
Mon Jan 09, 2017 2:04 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo corp bond
Replies: 8
Views: 495

Wells Fargo corp bond

Wells Fargo individual corporates have decent yields.I am considering mixing a couple with some cds to help get a decent yield overall.Can anyone see the possibility of WF defaulting?Anything is possible but the odds of WF defaulting seem extremely low.Total system collapse low.
by hoops777
Sun Jan 08, 2017 5:49 pm
Forum: Investing - Theory, News & General
Topic: 300,000 value in 5 years
Replies: 13
Views: 1471

Re: 300,000 value in 5 years

That is what I hate about bond funds but it is what it is.
by hoops777
Sun Jan 08, 2017 5:11 pm
Forum: Investing - Theory, News & General
Topic: 300,000 value in 5 years
Replies: 13
Views: 1471

Re: 300,000 value in 5 years

Thanks for the responses.I turn 70 in 5 years and will probably retire but not sure because I own a very small business.
I know exactly where I would be buying cds,that's easy.Can anyone see that bond fund being worth less than 325,000 reinvesting all interest?
by hoops777
Sun Jan 08, 2017 3:49 pm
Forum: Investing - Theory, News & General
Topic: 300,000 value in 5 years
Replies: 13
Views: 1471

300,000 value in 5 years

Vanguard intermediate bond etf is yielding 2.8 and would like some real world range guesstimates of what 300,000 invested Monday would be at in 5 years.Ten Year CDs are also at 2.8 but that is adding 5 years I do not want.The goal is having as close to 350,000 as possible in 5 years without stocks.H...
by hoops777
Fri Jan 06, 2017 9:39 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?

The thing about the BH's is you usually get an answer.You may not like it,but you will get one if they are interested :D
by hoops777
Fri Jan 06, 2017 4:57 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?

Most here would say put it all in on Monday.With the Dow at 20000 and all of the uncertainty with a new President,combined with a long bull market,I say good luck. Unless you are a true expert,which you are not,I would forego trying to analyze sectors or companies because you will never know half as...
by hoops777
Thu Jan 05, 2017 6:01 pm
Forum: Investing - Theory, News & General
Topic: "Vanguards Investment Tips For 2017"
Replies: 14
Views: 2449

Re: "Vanguards Investment Tips For 2017"

Sounds to me like what any investor should say at the start of every year.
by hoops777
Sun Jan 01, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Delayed Gratification In Life & its fallacies
Replies: 56
Views: 5714

Re: Delayed Gratification In Life & its fallacies

I struggle with this question. I just finished a one week vacation with my family in the Caribbean. The experience was priceless, the hotel airfare etc. was 40k. My wife observed that 10 years ago we would sweat a $2000 vacation Our net worth then was about $2 million. Now it is over $12 million. I...
by hoops777
Sun Jan 01, 2017 3:20 pm
Forum: Investing - Theory, News & General
Topic: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager
Replies: 187
Views: 18472

Re: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager

[quote="larryswedroe Might be a nice short chapter or appendix, but don't think merits a full book But thought you might enjoy this piece I wrote a while back on the subject Author Kurt Vonnegut related this story about fellow author Joseph Heller: “Heller and I were at a party given by a billi...
by hoops777
Sun Jan 01, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Delayed Gratification In Life & its fallacies
Replies: 56
Views: 5714

Re: Delayed Gratification In Life & its fallacies

When you are old and sitting in your rocking chair,the things you should of done and would of done should be very short.
by hoops777
Mon Dec 26, 2016 6:13 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562102

Re: What Movie Have You Recently Watched?

On further review,Passengers is just not very good. :D
by hoops777
Mon Dec 26, 2016 6:12 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562102

Re: What Movie Have You Recently Watched?

Rogue 1 and Passengers.Rogue1 good not great.Passengers pretty good.Passengers had a few moments where you had to say really,come on now.
by hoops777
Fri Dec 23, 2016 10:48 pm
Forum: Personal Consumer Issues
Topic: Coach bag for wife - how to buy
Replies: 73
Views: 5235

Re: Coach bag for wife - how to buy

Duplicate
by hoops777
Fri Dec 23, 2016 10:45 pm
Forum: Personal Consumer Issues
Topic: Coach bag for wife - how to buy
Replies: 73
Views: 5235

Re: Coach bag for wife - how to buy

Some of those knock off purses are decent quality.I have no problem buying one if my wife is there and picks it out.She bought a L Vuitton for $35 and it is pretty good looking and has held up just fine.The manufacturers who charge such obscene prices are the ones who should feel ashamed in my humbl...
by hoops777
Fri Dec 23, 2016 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: housing options-- stretch for schools?
Replies: 37
Views: 2222

Re: housing options-- stretch for schools?

Take a peak at the book David vs Goliath by Gladwell.Fascinating part about the career performance of big name university graduates vs middle of the road college graduates.That has nothing to do with elementary schools but is the long game.
by hoops777
Thu Dec 22, 2016 10:56 am
Forum: Investing - Theory, News & General
Topic: Selling bond fund
Replies: 8
Views: 1279

Re: Selling bond fund

Thanks....so the theory lives
by hoops777
Wed Dec 21, 2016 10:33 pm
Forum: Investing - Theory, News & General
Topic: Selling bond fund
Replies: 8
Views: 1279

Re: Selling bond fund

Hmmmmm....BIV up .18 and VBILX down .03
So much for that theory.
by hoops777
Wed Dec 21, 2016 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: housing options-- stretch for schools?
Replies: 37
Views: 2222

Re: housing options-- stretch for schools?

The schools that rate the highest are almost always in affluent areas.Why?Fewer broken homes,better educated parents and more money.The students in general are just more motivated to excel for many reasons.The. afffluent public schools are very similar to private schools in many ways.Are the teacher...
by hoops777
Tue Dec 20, 2016 12:06 pm
Forum: Investing - Theory, News & General
Topic: Selling bond fund
Replies: 8
Views: 1279

Selling bond fund

I one is going to sell some of their bond mutual fund like vbilx and does not want to sell on a big down day,checking on the etf late in the day,BIV,would make sense,correct?It would be an accurate assessment of how the mutual fund did that day.
by hoops777
Sat Dec 17, 2016 7:32 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 43
Views: 3791

Re: Charles Schwab Experiences?

I didn't look at it that way.How kind she was :D
by hoops777
Sat Dec 17, 2016 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help: Drowning in Debt
Replies: 60
Views: 5765

Re: Need Help: Drowning in Debt

Not to be mean spirited,but you have an Ivy League business degree and you said 18 years ago you ran up all this debt on student loans which is common to many,fine,understood.I really do not understand how one goes from that experience to the expensive house,cars,private schools for 4 and 6 year old...
by hoops777
Sat Dec 17, 2016 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help: Drowning in Debt
Replies: 60
Views: 5765

Re: Need Help: Drowning in Debt

Get rid of the private school.I will leave it at that except for an obvious need to have some common sense about what you really need to spend your money on vs what you want to spend your money on.
by hoops777
Sat Dec 17, 2016 6:36 pm
Forum: Personal Consumer Issues
Topic: LVT flooring
Replies: 11
Views: 1041

Re: LVT flooring

Just have the professional do your bath as well.Everyone thinks they can easily install lvt and laminate.Unless the area is a super easy layout,it will show who installed it almost every time. Regarding it looking fake,it 100 pct depends on the individual product.Some look great and some look like y...
by hoops777
Sat Dec 17, 2016 6:10 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 43
Views: 3791

Re: Charles Schwab Experiences?

Recently my wife and I walked into the local Schwab office.There was seemingly one person there.We told her we were interested in opening an account.She took us into a vacant office and opened a laptop and said you can use this.I said thank you and walked out.After telling my wife about their great ...
by hoops777
Sat Dec 17, 2016 6:00 pm
Forum: Investing - Theory, News & General
Topic: Bonds Can Be More Dangerous Than Stocks??
Replies: 31
Views: 3698

Re: Bonds Can Be More Dangerous Than Stocks??

A question about bonds.Say someone has 1 million in total bond and retires needing income from that of 2000 a month.High inflation is rampant and the fund's nav is sinking like a rock.If the retiree is just taking the interest needed monthly over a long period,does it matter if the monthly interest ...
by hoops777
Tue Dec 13, 2016 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Taking on a 5/5 ARM in this environment?
Replies: 27
Views: 2105

Re: Taking on a 5/5 ARM in this environment?

Geez not to be rude but household income of 400K and the house is 590K?It is good for you to be on the boglehead forum vs those other ones where the comments might be different :D You gotta love the bogleheads :happy :happy :happy
by hoops777
Tue Dec 13, 2016 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Taking on a 5/5 ARM in this environment?
Replies: 27
Views: 2105

Re: Taking on a 5/5 ARM in this environment?

Forever home?Take the fixed and be satisfied that you have a rate that is historically very low.It sounds like with your income you can survive a slightly higher payment for 5 years.We are not talking a huge amount here.Who knows what happens in 5 years to rates,your job,whatever.
by hoops777
Mon Dec 12, 2016 4:17 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 25063

Re: Chase Sapphire Reserve: Too good to be (completely) true

I would disagree with Drew and question why one should earn a 900 dollar credit in such a short period.This is what leads to benefits being lowered for everybody when the system is gamed when the card is already being very generous.
by hoops777
Sun Dec 11, 2016 10:30 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 25063

Re: Chase Sapphire Reserve: Too good to be (completely) true

You answered your own questions :D
by hoops777
Wed Dec 07, 2016 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a 2016 Honda CRV EX -- the best out the door price I have found is $25,875.20 -- is this reasonable?
Replies: 22
Views: 1885

Re: Purchasing a 2016 Honda CRV EX -- the best out the door price I have found is $25,875.20 -- is this reasonable?

My experience has been the following.Get the best price you can find that you know is true.Call around and ask other dealers if they have the exact car you want and will they beat the price.I bought my new 2015 Prius for 18,000 and change and I called 6 other area dealers and none of them would even...
by hoops777
Wed Dec 07, 2016 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Chase Sapphire Reserve Card
Replies: 19
Views: 2076

Re: Question about Chase Sapphire Reserve Card

If you are not a travel person why would you want the card?Just call them and ask your questions
by hoops777
Mon Dec 05, 2016 12:11 pm
Forum: Investing - Theory, News & General
Topic: Forget the 4% safe withdrawal rule -- use RMDs instead.
Replies: 46
Views: 5718

Re: Forget the 4% safe withdrawal rule -- use RMDs instead.

Quark....this has nothing to do accumulating.I am referring to retirement withdrawal methods being overdependent on a formula which just makes no sense to me.Set up what you think will be best for you but have the common sense to adapt to circumstances.

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