Search found 5605 matches

by leonard
Tue Sep 27, 2016 6:21 pm
Forum: Personal Consumer Issues
Topic: How to end a business relationship with a good friend?
Replies: 35
Views: 1414

Re: How to end a business relationship with a good friend?

I'd create an artificial deadline. Indicate you and your wife want to have an outdoor party (or for relatives for the holidays, etc) and you'd like to have the landscaping to you standard by then. Then, communicate a deadline by which you would like the landscape up to the standard you want. If he ...
by leonard
Tue Sep 27, 2016 5:58 pm
Forum: Personal Consumer Issues
Topic: How to end a business relationship with a good friend?
Replies: 35
Views: 1414

Re: How to end a business relationship with a good friend?

I'd create an artificial deadline. Indicate you and your wife want to have an outdoor party (or for relatives for the holidays, etc) and you'd like to have the landscaping to you standard by then. Then, communicate a deadline by which you would like the landscape up to the standard you want. If he d...
by leonard
Mon Sep 26, 2016 9:10 pm
Forum: Personal Consumer Issues
Topic: People with living spaces that could be featured in magazines, what is your secret?
Replies: 18
Views: 2021

Re: People with living spaces that could be featured in magazines, what is your secret?

Form follows function. Live your life, buy what's comfortable and what you like. Throw out clutter. The house will simply be what it is as a result.
by leonard
Mon Sep 26, 2016 7:52 pm
Forum: Personal Consumer Issues
Topic: Protein Powders
Replies: 45
Views: 2967

Re: Protein Powders

Protein powders are basically branded commodities.

I simply search out the cheapest, which is usually Costco. We usually get the chocolate whey protein for shakes.
by leonard
Mon Sep 26, 2016 7:46 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 3233

Re: Would you buy this house in a flood zone? HELP!

P.S. Flood insurance is a wise move regardless of where you live. I don't understand why this would be true. Many houses are in locations that simply aren't going to flood. Flooding can occur anywhere for various reasons. See https://www.bogleheads.org/forum/viewtopic.php?t=197979 On the crest of a...
by leonard
Sat Sep 24, 2016 8:40 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 3233

Re: Would you buy this house in a flood zone? HELP!

Many houses are in locations that simply aren't going to flood. Two counterpoints: 1)When our apartment flooded, it wasn't rising water from a creek or whatever; we were actually on a slight hill, miles from the nearest creek. A monster thunderstorm parked over us and dumped 7.5 inches of rain in 2...
by leonard
Sat Sep 24, 2016 8:22 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 3233

Re: Would you buy this house in a flood zone? HELP!

BigSaver wrote:P.S. Flood insurance is a wise move regardless of where you live.


I don't understand why this would be true. Many houses are in locations that simply aren't going to flood.
by leonard
Sat Sep 24, 2016 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Supervisor - Involve Union?
Replies: 37
Views: 3395

Re: Bad Supervisor - Involve Union?

OP - So, did you have any direct conversation with her yet? I re-read your posts and - if so - I don't see it. I had a sit down in her office late last week, prior to this union idea. She stated felt I was improperly supervised before and wondered why none of my prior supervisors had ever addressed...
by leonard
Sat Sep 24, 2016 2:48 pm
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 113
Views: 8168

Re: The Trouble with "Buy and Hold"

I'm sure John Bogle is far more intelligent than I, but his opinion means little to me when it comes to deciding a course of action to take with my money. Wait. "His opinion means little to me..." Do you understand that the "Bogle" in Bogleheads.org refers to John Bogle? If you ...
by leonard
Sat Sep 24, 2016 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Supervisor - Involve Union?
Replies: 37
Views: 3395

Re: Bad Supervisor - Involve Union?

OP - So, did you have any direct conversation with her yet?

I re-read your posts and - if so - I don't see it.
by leonard
Sat Sep 24, 2016 2:36 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 3233

Re: Would you buy this house in a flood zone? HELP!

Personally, I would have a hard time living with myself if a disaster occurred, my house was flooded, and I had the wherewithal to have avoided the situation in the first place. It's a house. It's not a cure for polio or something. You "would have a hard time living with yourself" if your...
by leonard
Sat Sep 24, 2016 2:31 pm
Forum: Investing - Theory, News & General
Topic: How can markets be efficient if home prices are higher in the spring?
Replies: 50
Views: 1764

Re: How can markets be efficient if home prices are higher in the spring?

Bay Area realtors swear left and right that according to their data, homes sell for more in the springtime. Why would the market allow this inefficiency to persist? Why don't middlemen just buy the properties in the winter and flip them in the spring? If demand goes up (because people want to move ...
by leonard
Sat Sep 24, 2016 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Request to add income to credit card profile
Replies: 10
Views: 876

Re: Request to add income to credit card profile

don't answer. No benefit to you for providing - only downside.
by leonard
Sat Sep 24, 2016 2:13 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 3233

Re: Would you buy this house in a flood zone? HELP!

Never. Have relatives that went through flooding and it was a truly awful experience. Even if you have insurance, cleaning up repairing, and coordinating everything involved is a huge time waste for at least 5-6 months. Any significant rebuild just adds even more time. I'd never buy a home in a floo...
by leonard
Fri Sep 23, 2016 2:18 pm
Forum: Personal Consumer Issues
Topic: Tenant responsible for appliances?
Replies: 20
Views: 1167

Re: Tenant responsible for appliances?

Folks, I am about to sign a lease for a property in Seattle, WA. I see this in the lease agreement "Resident recognizes that all appliances other than built-ins, such as refrigerator, stove, washer and dryer, are for their convenience only. Resident therefore agrees to maintain those appliance...
by leonard
Thu Sep 22, 2016 8:30 pm
Forum: Personal Consumer Issues
Topic: Companion Dogs for an older person
Replies: 42
Views: 2753

Re: Companion Dogs for an older person

This question implies that you would "take" the animal to somewhere other than a designated persons home that has already signed up to take the dog in case of the eventuality. I am guessing that wording is the source for the concern. I think you are reading something into my statement tha...
by leonard
Thu Sep 22, 2016 4:54 pm
Forum: Personal Consumer Issues
Topic: The pick-pocket crew is alive and well in the Hermitage!
Replies: 5
Views: 1156

Re: The pick-pocket crew is alive and well in the Hermitage!

I can only guess what happened based on what is implied in your post.

So, what actually happened?
by leonard
Thu Sep 22, 2016 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: HCE 401k deferral advice
Replies: 10
Views: 526

Re: HCE 401k deferral advice

Spirit Rider wrote:incompetence when it can be explained by pettiness or cheapness."


Incompetence? Pettiness? Cheapness?

No matter which it is - they all get us to the same place. And, all of the causes can be easily mitigated by the 401k plan administrators, so they are all willful to one degree or another.
by leonard
Thu Sep 22, 2016 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Supervisor - Involve Union?
Replies: 37
Views: 3395

Re: Bad Supervisor - Involve Union?

If situation with supervisor is already "troublesome", meeting with them (alone) to discuss it won't make it better and will probably make things worse. I disagree. The first meeting should be one on one. Although - depending on the situation - subsequent meetings may require an objective...
by leonard
Thu Sep 22, 2016 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 24445

Re: A car nicer than the boss?

leonard - you may not have intended as such, but there is a certain level of almost celebrating the one making the layoffs in the bit that daveydoo responded to. I understand that layoffs are sometimes necessary or appropriate, and that it may also be appropriate to be giving bonuses to the higher ...
by leonard
Thu Sep 22, 2016 3:15 pm
Forum: Personal Consumer Issues
Topic: Companion Dogs for an older person
Replies: 42
Views: 2753

Re: Companion Dogs for an older person

My mother and local siblings all cared for her last Lab. I would not have posted if I didn't think the fit would be appropriate. I think that part of my orginal post is being overlooked. Thanks to one of the links provided, my mother has already spoken with one of the rescue orgs today. Thanks. Ok....
by leonard
Thu Sep 22, 2016 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 24445

Re: A car nicer than the boss?

Disgree, and not even respectfully Classy. Respectfully, re-read the sentence I referred to. Say it out loud once or twice. Read it to your wife and your kids and your grandkids and your friends. See who they agree with. I'm lacking in class? Maybe -- but not for calling out this statement. :happy ...
by leonard
Thu Sep 22, 2016 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: HCE 401k deferral advice
Replies: 10
Views: 526

Re: HCE 401k deferral advice

if yours is already at 3%, they should look into providing the safe harbor match, which maxes out at 4%. Then your company wouldn't have to worry about testing failure at year end. If you decide to bring it up, do it now. The safe harbor election for 2017 must be made no later than December 1, 2016...
by leonard
Thu Sep 22, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 24445

Re: A car nicer than the boss?

daveydoo wrote:Disgree, and not even respectfully


Classy.
by leonard
Thu Sep 22, 2016 1:53 pm
Forum: Personal Consumer Issues
Topic: Companion Dogs for an older person
Replies: 42
Views: 2753

Re: Companion Dogs for an older person

A Lab is going to be quite big to manage. A little dog will be easier to manage in general - but more specifically going to the vet, giving medication, etc. And, taking the animals point of view for a second - in the unfortunate event it was necessary, who would take the animal should your mother no...
by leonard
Thu Sep 22, 2016 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Supervisor - Involve Union?
Replies: 37
Views: 3395

Re: Bad Supervisor - Involve Union?

I don't see any information about you going to the supervisor to have a discussion about the situation and especially their specific responses to the points you may have raised in that discussion. In these situations, unless there is some extreme extenuating circumstance, I have a very hard time rec...
by leonard
Wed Sep 21, 2016 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 257
Views: 24445

Re: A car nicer than the boss?

fblade007 wrote:the day you dye you want to look back and have enjoyed life.


When I dye - my youth will truly be over. I'll just keep it completely shaved.
by leonard
Tue Sep 20, 2016 4:29 pm
Forum: Investing - Theory, News & General
Topic: American Funds claims to beat Index funds
Replies: 42
Views: 3250

Re: American Funds claims to beat Index funds

foreverihope wrote:
leonard wrote:
foreverihope wrote:when I put my funds in compare american won by 43.000


On a risk adjusted basis?

yes


That's great - most people wouldn't take the time to normalize 2 percentage returns for the difference in their standard deviations and/or asset allocations.

Not easy math. Well done.
by leonard
Tue Sep 20, 2016 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone accidentally tell a friend about your inheritance?
Replies: 83
Views: 9036

Re: Anyone accidentally tell a friend about your inheritance?

I quick query of the this site will reveal a multitude of stories where folks have had the opposite experiences. Me included. And, as I guessed, it doesn't sound like you have had the same magnitude and number of issues as many - thus I think it makes you more likely to share such information. Ok, ...
by leonard
Tue Sep 20, 2016 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5322

Re: How I circumvented Chase's 5/24 rule

And we need a Sapphire Reserve card because? Because you don't want to leave money on the table. Even if you don't travel at all and redeem the signup bonus for cash, you will get a net $550 cash from Chase after $4000 spending. That would be 100,000 points redeemed at 1 cent per point, less the $4...
by leonard
Tue Sep 20, 2016 4:17 pm
Forum: Investing - Theory, News & General
Topic: American Funds claims to beat Index funds
Replies: 42
Views: 3250

Re: American Funds claims to beat Index funds

foreverihope wrote:when I put my funds in compare american won by 43.000


On a risk adjusted basis?
by leonard
Tue Sep 20, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone accidentally tell a friend about your inheritance?
Replies: 83
Views: 9036

Re: Anyone accidentally tell a friend about your inheritance?

I would recommend against lying. You've obviously never had family or friends with their hands out or with financial difficulties. ... For some family and friends, if you mention you have money, you are a mark. I find it odd that because you don't agree with my perspective, you make assumptions abo...
by leonard
Tue Sep 20, 2016 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 5322

Re: How I circumvented Chase's 5/24 rule

And we need a Sapphire Reserve card because?
by leonard
Tue Sep 20, 2016 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone accidentally tell a friend about your inheritance?
Replies: 83
Views: 9036

Re: Anyone accidentally tell a friend about your inheritance?

I would recommend against lying. You've obviously never had family or friends with their hands out or with financial difficulties. While I would avoid lying, I would simply take the tack of never discussing it with anyone. I'd also feel free to make statements about my own financial concerns about ...
by leonard
Tue Sep 20, 2016 3:25 pm
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 205
Views: 19176

Re: The Bogleheads' "100 Things Worth Every Penny" List

Living in California, instead of one of those cheap knock-off states people try to talk themselves into! There are only two types of people in this world. People who live in New York and those who wish they could live in New York. No there's actually 3. Tell us? Or do you want to keep it a secret? ...
by leonard
Tue Sep 20, 2016 3:23 pm
Forum: Investing - Theory, News & General
Topic: Bogle tilts toward Value in his own portfolio
Replies: 34
Views: 3808

Re: Bogle tilts toward Value in his own portfolio

Hello all. I am a total market investor. I have decided not to tilt to certain factors like small and value largely because of the writings of Bogle, Malkiel, Ellis, Larimore, etc. However, I recently came across this article in which Bogle explains that he deliberately invests in some funds focuse...
by leonard
Tue Sep 20, 2016 3:19 pm
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 205
Views: 19176

Re: The Bogleheads' "100 Things Worth Every Penny" List

stemikger wrote:
FireProof wrote:Living in California, instead of one of those cheap knock-off states people try to talk themselves into!


There are only two types of people in this world. People who live in New York and those who wish they could live in New York.


No there's actually 3.
by leonard
Tue Sep 20, 2016 3:13 pm
Forum: Personal Consumer Issues
Topic: Where in the US would you live and what would you do for a career?
Replies: 13
Views: 1213

Re: Where in the US would you live and what would you do for a career?

I'd live almost anywhere if the price was right. But, the price would have to be very, very right.
by leonard
Tue Sep 20, 2016 3:11 pm
Forum: Personal Consumer Issues
Topic: Loan on $1.3MM Fixer-upper
Replies: 54
Views: 4493

Re: Loan on $1.3MM Fixer-upper

$1.3M for a fixer up that is in a neighborhood bad enough to need bars on the windows?
by leonard
Tue Sep 20, 2016 3:06 pm
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 205
Views: 19176

Re: The Bogleheads' "100 Things Worth Every Penny" List

A few:

1. Neti Pot
2. Melatonin
3. Induction Stove.
4. Zero Maintenance anything for the home (vinyl fence, metal roof, etc.)
5. Guitar custom/semi-customized to fit exact player preferences.
6. Brooks Brothers shirts (catch them on sale).
7. Money Clip (vs wallet)
8. Whole House Fan.
by leonard
Mon Sep 19, 2016 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Why do a target fund if the AA doesn't change for another 20-25 years?
Replies: 24
Views: 2121

Re: Why do a target fund if the AA doesn't change for another 20-25 years?

So I've been learning a lot being on this website, but am curious why the pull towards target funds. I hear about this "set it and forget" it approach, but the AA doesn't change for several years down the road. I could easily do a total market and total bond and leave it the same for seve...
by leonard
Mon Sep 19, 2016 2:38 pm
Forum: Investing - Theory, News & General
Topic: American Funds claims to beat Index funds
Replies: 42
Views: 3250

Re: American Funds claims to beat Index funds

investorguy1 wrote:Thoughts?


American Funds is in the job of marketing American Funds. Nothing surprising about that.
by leonard
Mon Sep 19, 2016 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: How do you view money over and above your number?
Replies: 47
Views: 4355

Re: How do you view money over and above your number?

This seems like this is a form of mental accounting. Way too complex and too many dependencies in the outlined assessment. In light of the additional amount, I'd: 1. Assess whether the windfall or "extra" (hate that term) changes my need or desire to take risk. Possibly adjust AA if so. 2....
by leonard
Mon Sep 19, 2016 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Prospective Employer Wants Salary History & Desired Salary
Replies: 265
Views: 18288

Re: Prospective Employer Wants Salary History & Desired Salary

I have explained in a prior post what I learn from someone's salary history. I don't just tack 15% on and make an offer, which seems to be the basic assumption. I'm not competing with your current employer for your services, I'm competing with other prospective employers. Look this information is a...
by leonard
Mon Sep 19, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Prospective Employer Wants Salary History & Desired Salary
Replies: 265
Views: 18288

Re: Prospective Employer Wants Salary History & Desired Salary

Salary information is NOT legally part of any NDA agreement. The NLRB prohibits employers from forcing confidentiality of salary data so you can try this excuse to your peril with a knowledgeable employer. You can think you are negotiating smartly by trying to come up with various reasons not to di...
by leonard
Mon Sep 19, 2016 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone accidentally tell a friend about your inheritance?
Replies: 83
Views: 9036

Re: Anyone accidentally tell a friend about your inheritance?

Said to friend "It turns out the inheritance may be in probate for a few years and it may end up being contested. Looks like I may only get a fraction of what I originally thought." All of which is true of any inheritance. Embellish with any additional facts of the situation that call in t...
by leonard
Mon Sep 19, 2016 1:41 pm
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 97
Views: 5958

Re: Preparing financially for our funerals - prepay or not?

One issue to think about when prepaying is what are the chances that at some time before the time comes, you change your mind about location. Maybe Massachusetts instead of Michigan, etc. Plots can be resold (possibly at a loss), but is a contract for the rest refundable or transferable? Seriously,...
by leonard
Sat Sep 17, 2016 3:24 pm
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 97
Views: 5958

Re: Preparing financially for our funerals - prepay or not?

My Dad died last November. He and my Mom had the pre-paid arrangement. I guess it was helpful but there were still decisions to be made and some extra costs. Don't recall the numbers but the extra costs were more than what I would have expected. Pre-plan (vs Prepay) might be the way to go. Partial ...

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