Search found 4649 matches

by randomguy
Mon Oct 16, 2017 11:37 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 75
Views: 5076

Re: anyone else not liking the new cars?

It will be really interesting to see what the car market looks like in 20 years. The magic battery pack exchange (am I right that the Tesla can do something like this now? .. actually googling a bit it seems like they tried that but have backed off it) however, is not going to happen across the spe...
by randomguy
Mon Oct 16, 2017 3:28 am
Forum: Investing - Help with Personal Investments
Topic: Thinking we are close to winning the game
Replies: 34
Views: 4879

Re: Thinking we are close to winning the game

When I started looking through expenses (check book), i could see spending of $30-$32k. I learned that I needed to add in health insurance and income tax for retirement years. Health Ins from employer is $5550 a year. Am counting on 1k HI before medicare and after retirement. So expenses are much m...
by randomguy
Mon Oct 16, 2017 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance: HDHP vs PPO with 2 small kids
Replies: 7
Views: 512

Re: Health Insurance: HDHP vs PPO with 2 small kids

B. I am wondering if the savings are worth the sticker shock of the doctor visits till the deductible is met. In our experience, yes. YMMV. See also the 'HDHP Analysis' tab in Tools and calculators - Personal_finance_toolbox - Bogleheads to help quantify the tax advantage, etc. I plugged in my numb...
by randomguy
Fri Sep 29, 2017 12:45 am
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 8308

Re: Where do you get your news?

I find the WSJ to be pretty neutral Wait...really? Agreed, it's a strange statement. The WSJ is yet another globalist propaganda outlet. Very far from neutral. Reference: https://img.washingtonpost.com/pbox.php?url=https://www.washingtonpost.com/blogs/the-fix/files/2014/10/PewNew2.gif&op=noop This ...
by randomguy
Thu Sep 28, 2017 8:58 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6397

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

Sure but how confident you are that data from say 2000-2017 would help you predict what is going to happen going forward either? [...] All that being said, I market time by reducing equity exposure after multiple years of market run ups.I am down from 100% in 2009 to about 70%. Don't really have th...
by randomguy
Thu Sep 28, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3770

Re: Tax saving strategies for DINKs

Op here. Depressing...just did the math. If we get divorced prior to 12/31 and remarried after we will save roughly 15K in federal taxes. State will probably add a few more thousand. I'm pretty sure DW will not be down for this and I'm guessing this is straight up tax fraud. The IRS will disallow m...
by randomguy
Thu Sep 28, 2017 7:28 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6397

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

I don't see how going with data back to 1930 would help one evaluate how it would help going forward from 2017. I am always skeptical of using very old data with imaginary costs and practically imaginary numbers and quite different laws and economy, then applying that to the here and now and the fu...
by randomguy
Thu Sep 28, 2017 2:50 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6397

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

I would put it more bluntly. This is kindergarten level stuff. It has been discussed over and over, it is nothing new, and if it really worked even half brain dead fund manager would implement it. Forget the Buy the Dip strategy. My strategy is to buy only Google (Alphabet) and Apple. Back testing ...
by randomguy
Thu Sep 28, 2017 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3770

Re: Tax saving strategies for DINKs

If you are married and your lowest earner brings in over $30-40k, I think the biggest savings you will get is from this strategy: get (legal) divorce ... and if your lowest earner brings in 100k+, two of you can enjoy a nice vacation for $10k+ every year with the tax savings, or get a new car every...
by randomguy
Thu Sep 28, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Two year lease vs Buy and hold 10 years. A wash?
Replies: 54
Views: 4158

Re: Two year lease vs Buy and hold 10 years. A wash?

I think shopping for super low/deal/pick the best/lease hacker type deals could come out ahead. I'm not seeing how you come to this conclusion. The OP presumably got a "super low/deal/pick the best/lease hacker" type lease deal you refer to. In fact, he states... "this special is very good for me b...
by randomguy
Thu Sep 28, 2017 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3770

Re: Tax saving strategies for DINKs

^I'm suggesting that they act like I do: Never have any cash in a taxable account. When one is wealthy or has good cash flow like the OP, then cash is absolutely not necessary. For instance, I sold some VTI recently to pay some credit card bills. Does that not create a risk of capital loss? The X% ...
by randomguy
Thu Sep 28, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3770

Re: Tax saving strategies for DINKs

If you are married and your lowest earner brings in over $30-40k, I think the biggest savings you will get is from this strategy: get (legal) divorce ... and if your lowest earner brings in 100k+, two of you can enjoy a nice vacation for $10k+ every year with the tax savings, or get a new car every...
by randomguy
Thu Sep 28, 2017 11:37 am
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6397

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

https://www.reddit.com/r/investing/comments/6y4lv1/btfd_buy_the_dip_philosophy/ I like the analysis this person did and how he came to conclusion that Buy The Dip strategy actually works. Yes, it is market timing, but he also posted cold, hard facts of how it outperformed SPY. What would be your re...
by randomguy
Thu Sep 28, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Impact of Tax Reform plan on Retirees
Replies: 3
Views: 510

Re: Impact of Tax Reform plan on Retirees

How would retirees who have hefty RMD fare in the new tax plan? That and investment income, SS and Pension, all of which are ordinary income, puts us at a pretty high, not the highest, tax bracket. Often we pay AMT. We live in MA and our major deduction is property and state tax, charity. All this ...
by randomguy
Thu Sep 28, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12785

Re: Why do you LBYM? Why do you save and invest?

It takes twenty seconds to stop, bend over, pick up the penny, straighten up, and put it in your pocket. Whenever anyone asks the average age of the bogleheads user, I'm going to reference this post. :D I find it hard to believe it takes anyone 20s to pick up a penny. They can either do it in 10s o...
by randomguy
Thu Sep 28, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12785

Re: Why do you LBYM? Why do you save and invest?

Folks, I started this topic because in my case, this is normal. 1) The average gross saving rate in my country is 30+%. 2) Looking for the bargain is part of the culture. 3) My family is multi-generations business family. Investing is part of the regular dining table discussion. This is part of my ...
by randomguy
Wed Sep 27, 2017 11:44 pm
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12785

Re: Why do you LBYM? Why do you save and invest?

Optimizing spending and iiving below your means are not the same issue. I live below my means but as I have gotten richer I have stopped sweating the small stuff. The difference isn't worth the time cost. The key to saving in my life is just not buying stuff cause I don't need it.
by randomguy
Wed Sep 27, 2017 10:39 pm
Forum: Personal Consumer Issues
Topic: Memory Foam Mattress Recomendations
Replies: 51
Views: 4418

Re: Memory Foam Mattress Recomendations

Isn't that an argument against all technological advances? No. We're probably not designed to sit in a chair for 12 hours straight, either. Doesn't matter if you're weaving baskets, writing sonnets by candlelight, or playing World of Warcraft. There are any number of similar arguments that can be m...
by randomguy
Wed Sep 27, 2017 10:24 pm
Forum: Personal Consumer Issues
Topic: Two year lease vs Buy and hold 10 years. A wash?
Replies: 54
Views: 4158

Re: Two year lease vs Buy and hold 10 years. A wash?

Leasing is all about convenience. Don't kid yourself that it's cheaper. The first 3 years a car depreciates nearly 50%, then it is much less. 1. No major maintenance 2. Always under warranty 3. Always driving a new car 4. Write off for a business It's also a hassle 1. Dealing with car salesmen ever...
by randomguy
Wed Sep 27, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 14092

Re: Bay Area Real Estate

TheAncientOne wrote:
Mon Sep 25, 2017 11:27 pm
It's very hard to make the numbers work for buying in the Bay Area.
It is easy to make bay area numbers work. You just need to assume 5 or 6% appreciation and similar rent increases.....
by randomguy
Wed Sep 27, 2017 2:28 pm
Forum: Personal Consumer Issues
Topic: Finding a Driver
Replies: 26
Views: 3032

Re: Finding a Driver

Ideally, it would be a Lyft/Uber driver, but the same one each time (someone they like and trust) ..... Why would you want to give half the money to Uber or Lyft when you or parent could just pay this person out of pocket? Then they get the whole thing. Liability comes to mind. Going from buying a ...
by randomguy
Tue Sep 26, 2017 10:43 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10972

Re: The Rolex and The Boglehead

It is basically impossible to provide economic justification for this sort of extravagance. If one is in a job in which wearing a nice watch is "expected" and buying the watch increases the net present value of your future earnings by enough to justify the cost, then maybe the purchase would be jus...
by randomguy
Tue Sep 26, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10972

Re: The Rolex and The Boglehead

I own a nice watch. It also monitors my fitness and heart rate. Love my Fitbit. :D I've owned many gps/hr monitor/step counting/abc mountaineering watches over the years. Fun to use them for a couple months, but the novelty quickly wears off, IMO. And I have worn my GPS watch on every run for 5+ ye...
by randomguy
Tue Sep 26, 2017 10:28 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 8573

Re: Is $9000 too much for a sectional sofa ?

I think my cats would love a $9K scratching post, so it's absolutely worth it. If you can afford cats, you can definitely afford a 9k sectional. :) Questions like this are pretty useless as they will all come down to person situations and preferences. Spending 9k when living in a 50k house? Probabl...
by randomguy
Tue Sep 26, 2017 8:00 pm
Forum: Personal Consumer Issues
Topic: Memory Foam Mattress Recomendations
Replies: 51
Views: 4418

Re: Memory Foam Mattress Recomendations

Isn't that an argument against all technological advances? No. We're probably not designed to sit in a chair for 12 hours straight, either. Doesn't matter if you're weaving baskets, writing sonnets by candlelight, or playing World of Warcraft. There are any number of similar arguments that can be m...
by randomguy
Tue Sep 26, 2017 7:24 pm
Forum: Personal Consumer Issues
Topic: Memory Foam Mattress Recomendations
Replies: 51
Views: 4418

Re: Memory Foam Mattress Recomendations

I wonder if all these mattress websites aren't a single company. Look the Casper and Nectar websites. Brooklyn Bedding. They all look like they use the same/similar web design and sales pitch. We are on a pay less than $500 and use it for 5 years cycle. Attempts to find a 10 or 15 year mattress and...
by randomguy
Tue Sep 26, 2017 2:41 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10972

Re: The Rolex and The Boglehead

How many Bogleheads out there own and wear a Rolex (or similar)? Those that do, any regrets? I'd like to one day own a nice watch but for right now I just admire them all. DW might not ever sign off on a watch that expensive but still I'm curious what other Bogleheads have to say. LBYM does not mea...
by randomguy
Tue Sep 26, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Honda CRV All Wheel Drive VS Front Wheel, Which One?
Replies: 49
Views: 3222

Re: Honda CRV All Wheel Drive VS Front Wheel, Which One?

Contrary to what other's have said I think it will definitely increase resale value as well. If I were buying a used SUV/crossover I would ignore any that did not have AWD. I couldn't figure out what you were responding to, but are you saying that people would pay more than $1500 for a used AWD vs ...
by randomguy
Tue Sep 26, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs traditional 401k
Replies: 31
Views: 2553

Re: Roth vs traditional 401k

The marginal versus marginal people are only talking about the dollars in the last marginal tax bracket. The effective tax people are talking about them all. Both are right for the assumptions they are using. For example, if when you retire you have 100 dollars in the 25% bracket and 99900 dollars ...
by randomguy
Tue Sep 26, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs traditional 401k
Replies: 31
Views: 2553

Re: Roth vs traditional 401k

People seem confused by if your marginal rate now vs retirement is the same, then it is a wash. That is incorrect logic. You need to compare your marginal rate on your contributions verses your EFFECTIVE tax rate on your withdrawals. Oh dear, not another one. :( Unfortunately, you have been misinfo...
by randomguy
Tue Sep 26, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 8308

Re: Where do you get your news?

Thing is, I have recently had several smart people give me the advice to stop consuming news completely. The argument is that: 1) virtually none of it is actionable 2) it makes you unhappy There is a lot of wisdom to that. I cut back from time to time. Occasionally take a few days off totally. It i...
by randomguy
Tue Sep 26, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Another "Should I sell my business" thread
Replies: 26
Views: 2525

Re: Another "Should I sell my business" thread

You might look into a ESOP. I had a family member in a similar situation. An ESOP enabled them to cash out TAX FREE and continue to draw a salary and benefits. You'd need a good CPA and attorney but it seemed like the perfect blend solution. He also ceased any active role in the business shortly af...
by randomguy
Mon Sep 25, 2017 7:24 pm
Forum: Investing - Theory, News & General
Topic: Which Taxable Lots to Sell during Retirememt?
Replies: 10
Views: 1721

Re: Which Taxable Lots to Sell during Retirememt?

I don't think there is a "best." I don't want to increase my Adjusted Gross Income and therefore my Taxable Income from my investments while I am doing Roth conversions. But I also want to maintain my asset allocation. So I always tax-loss harvest by selling losers in taxable. I do Roth conversions...
by randomguy
Mon Sep 25, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Do you avoid risky adventures once you have the money?
Replies: 71
Views: 4091

Re: Do you avoid risky adventures once you have the money?

I think you were right to at least weigh the risk/reward. A guy I work with is an avid sky jumper. Does (did) it 5-6 times each week all summer. Teaches it, takes others tandem jumping. Says it is very safe if you take the proper precautions and safety checks. A few months back a guideline snapped ...
by randomguy
Mon Sep 25, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: can I rely solely on the value of my home to retire?
Replies: 25
Views: 2869

Re: can I rely solely on the value of my home to retire?

When I see quotes about any asset market being “straight-up crazy,” I’m reminded that trees don’t grow to the sky. Consider, too, that rental housing and starter homes are in short supply nationwide. Mortgage rates are still historically low. Extremes have a way of adjusting over time. http://www.s...
by randomguy
Mon Sep 25, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a home this expensive reasonable for our situation?
Replies: 16
Views: 1995

Re: Is buying a home this expensive reasonable for our situation?

Your wife needs to work. And you need to realize that sales may go down durn bad economic times. Making a lot of guesses, but given the account balance size, it seems unlikely to me that they can make ends meet off 1 salary. And if you could live off one salary, do the math on what saving like 60k/...
by randomguy
Sun Sep 24, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to buy Apple Stock on 9/23?
Replies: 18
Views: 1928

Re: Is it a good time to buy Apple Stock on 9/23?

Why not take your 100k and buy VTSAX , Vanguard Total Stock Market Index Admiral Shares ? The expense ratio is 0.04% per year. And Apple stock is the largest stock % it owns as of now. So you get a big chunk of Apple stock. Plus, you are also buying the diversity of 3606 OTHER stock holdings so you...
by randomguy
Sun Sep 24, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11602

Re: Lifestyle Creep

I also bought more expensive Indoor and outdoor furnitures. In the past, I spent $300-$500 for outdoor furnitures, now it's more than $2000-$3000. Same with mattresses, I bought two very expensive mattresses, top of the line, because I figure sleep is important. I won't mention the price, because i...
by randomguy
Sun Sep 24, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Should I move?
Replies: 16
Views: 1224

Re: Should I move?

Orlando sounds like more fun for a young, single person. I am a bit scared to ask how young can be and have full grown daughter. 32?:) It is very tough for anyone to tell you what to do. Financially is sounds like a sound choices but moving away from friends and family isn't something to take light...
by randomguy
Sun Sep 24, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: Honda CRV All Wheel Drive VS Front Wheel, Which One?
Replies: 49
Views: 3222

Re: Honda CRV All Wheel Drive VS Front Wheel, Which One?

You might resell it faster and for more later with AWD. If you had to get somewhere in PA in the snow it would be nice to have. Same with mountain dirt roads in AZ. If say you stop in Colorado to go skiing you'd probably want it. Keep a car 10 years and resale pretty much doesn't matter. And you ne...
by randomguy
Sun Sep 24, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6132

Re: Spouse Money Management

With her take home pay at $2500 a year, that's $50 a week. Clothes, cosmetics, undergarments, books and a couple of lunches out. Whose money is she spending to be a spender? She doesn't just use her income, she uses mine too. I subsidize her essential expenses and even give her $20 a month for disc...
by randomguy
Sun Sep 24, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Roth/Traditional vs Paying off debt
Replies: 19
Views: 985

Re: Investing in Roth/Traditional vs Paying off debt

You are ignoring the fact that the 8% return is guaranteed. If you were able to find a CD or treasuries that paid 8%, would you put a single dollar into the stock market? 12% debt has a return on investment of 12% regardless of deductibility. Any dollar you pay down that increases your net worth at...
by randomguy
Sun Sep 24, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11602

Re: Lifestyle Creep

I also bought more expensive Indoor and outdoor furnitures. In the past, I spent $300-$500 for outdoor furnitures, now it's more than $2000-$3000. Same with mattresses, I bought two very expensive mattresses, top of the line, because I figure sleep is important. I won't mention the price, because i...
by randomguy
Sun Sep 24, 2017 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Roth/Traditional vs Paying off debt
Replies: 19
Views: 985

Re: Investing in Roth/Traditional vs Paying off debt

Thank you all for your responses. Maybe acquired is not the right word. The property is a gift to me from my family, the debt is supposed to be paid off in 6 years using the rent. Beyond that, I get the rent monthly. I was hoping to see if it makes sense to pay off the loan earlier because of the 1...
by randomguy
Sun Sep 24, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6132

Re: Spouse Money Management

Another problem with both of these is that there's no incentive for the low earner to not go crazy with spending. Subsidies lead to spending increases. Any comments on this or other systems you use / have heard of? Also any book recommendations on the topic would be great. There are zillions of sys...
by randomguy
Sun Sep 24, 2017 7:58 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11602

Re: Lifestyle Creep

Never had any creep as my income/assets grew. I always consider cost/benefit for purchases. Don't play for fancy labeled clothes, cars, etc. Not sure I'd ever pay for first class airline seating at the costs I've seen. I still don't see any of this changing. Since I went part time a couple years ag...
by randomguy
Sat Sep 23, 2017 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay ZERO taxes in retirement with 6-figure expenses
Replies: 174
Views: 89273

Re: How to pay ZERO taxes in retirement with 6-figure expens

paying zero taxes isnt the most important part. too many people use the tax scare to sucker people into poor investments such as permanent life insurance. thus one should only care about paying zero taxes if it really provides you with the most money. thus the title should be providing the most inc...
by randomguy
Sat Sep 23, 2017 11:24 pm
Forum: Personal Consumer Issues
Topic: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?
Replies: 125
Views: 8331

Re: The Expert's Dilemma - How can I know I'm getting a good physician without being one myself?

In accordance with the forum guidelines, I am not seeking medical advice. Rather, I am seeking actionable ideas for how I can choose which practice/practitioner to perform an upcoming procedure. Does anyone, especially any MDs on the board, know how I can go about finding out who to use for a given...
by randomguy
Sat Sep 23, 2017 11:20 pm
Forum: Investing - Theory, News & General
Topic: Article from Pfau on non us countries mostly not supporting 4%
Replies: 6
Views: 1154

Re: Article from Pfau on non us countries mostly not supporting 4%

Previous Pfau articles assumed 1% management fees. Plus he's been writing articles about 4% no longer being safe since 2010. It doesn't prove his model is wrong (maybe we got really lucky), but anyone who retired in 2010 was able to pull 4% AND double their money as well. I don't want to defend Pfa...
by randomguy
Sat Sep 23, 2017 11:13 pm
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11602

Re: Lifestyle Creep

I live in a developing country. In my experience, when people talk want to make moral judgments or create feelings of guilt they use the phrase "lifestyle creep". If they don't they call it "improved living standards" and use it as an example of why modern American is a better place to live than Am...