Search found 1343 matches

by scone
Fri Jul 29, 2016 5:25 pm
Forum: Personal Consumer Issues
Topic: Never owned a cell phone.
Replies: 17
Views: 361

Re: Never owned a cell phone.

^ lolz! :sharebeer
by scone
Fri Jul 29, 2016 5:22 pm
Forum: Personal Consumer Issues
Topic: Breathe Right nasal strips: more economical alternative?
Replies: 11
Views: 836

Re: Breathe Right nasal strips: more economical alternative?

My DH lost a lot of weight, and started using two pillows. The two strategies together worked better than either alone. You can also get your partner to use ear plugs, if noise is the only issue. I started doing that years ago, and now I can't sleep without them.
by scone
Fri Jul 29, 2016 5:14 pm
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 30
Views: 566

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

The late Duchess of Devonshire was buried in a wicker casket, made on the home farm. Rather chic.
by scone
Wed Jul 27, 2016 7:03 am
Forum: Investing - Theory, News & General
Topic: John Bogle's home
Replies: 36
Views: 6389

Re: John Bogle's home

I'm vacationing in a modest home right now. It's on the market for almost two million. 8-)
by scone
Thu Jul 21, 2016 1:32 pm
Forum: Personal Consumer Issues
Topic: What really happens to people who run out of their money in retirement
Replies: 60
Views: 7976

Re: What really happens to people who run out of their money in retirement

What happens if you have Alzheimer's, no family, and no money?
by scone
Thu Jul 21, 2016 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Just got back from Europe...ready to sell my International...
Replies: 82
Views: 9391

Re: Just got back from Europe...ready to sell my International...

I remember NYC in the 70s. It was bad, really scary. I could have bought a TriBeCa loft for almost nothing, but I was too spooked. That property is likely worth millions today. Just saying.
by scone
Thu Jul 07, 2016 5:24 pm
Forum: Investing - Theory, News & General
Topic: Actionable Advice: What to do if Japan happens here?
Replies: 36
Views: 3361

Re: Actionable Advice: What to do if Japan happens here?

I strongly prefer the "Japan scenario" to the "nuclear annilation scenario," or the "asteroid extinction event" scenario, or the "pandemic virus" scenario. Seriously, low returns with low inflation doesn't seem like the end of all things. In fact, if the Japan...
by scone
Thu Jul 07, 2016 5:13 pm
Forum: Personal Consumer Issues
Topic: A nice wrist watch under $1500
Replies: 42
Views: 2885

Re: A nice wrist watch under $1500

I like the Hamilton watches. The Ventura is very unusual, it was in Men in Black, among other things. Lots of character.
by scone
Thu Jul 07, 2016 5:05 pm
Forum: Investing - Theory, News & General
Topic: Monetary policy is (barely) carrying the world
Replies: 29
Views: 1597

Re: Monetary policy is (barely) carrying the world

Cullen Roche has an article in PragCap where he suggests that the period we are now living in represents a reversion to a much longer term "normal" from a period of unusually good returns. He called the article "The Great Normalization," and suggests that what this period lacks i...
by scone
Tue Jun 28, 2016 10:23 am
Forum: Personal Consumer Issues
Topic: Alternatives to Traditional Pasta?
Replies: 52
Views: 3049

Re: Alternatives to Traditional Pasta?

Basmati brown rice works well in "pasta" salad recipes, and it doesn't fall apart like rice pastas can. Wild rice, IIRC, is gluten free, and that works well with rice.
by scone
Sun Jun 26, 2016 12:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 684379

Re: U.S. stocks in freefall

I just took a peek, and our portfolio got knocked all the way back to June 3. Meh.

BTW, DH retired on June 21. :sharebeer
by scone
Fri Jun 24, 2016 10:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 684379

Re: U.S. stocks in freefall

It might be one of Livesoft's RBDs, though. :happy Ha! RBDs on a Friday do not have to acted upon. The Monday after a Friday RBD is always interesting. The weekend gives people time to look at their portfolios and make interesting decisions. Tru dat. The acrid smell of hair on fire has only just be...
by scone
Fri Jun 24, 2016 9:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 684379

Re: U.S. stocks in freefall

I doubt I will hit my rebalancing band on the first day, but I will peek to see later. It might be one of Livesoft's RBDs, though. :happy
by scone
Fri Jun 24, 2016 5:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 684379

Re: U.S. stocks in freefall

It's my birthday, so I think I'll buy myself some stocks and maybe a little trip to old Blighty... :D
by scone
Thu Jun 23, 2016 10:26 pm
Forum: Investing - Theory, News & General
Topic: Actionable advice in a Brexit scenario
Replies: 162
Views: 16271

Re: Actionable advice in a Brexit scenario

If the pile on into Treasuries lasts, mortgage rates could drop. So plan on buying property after you get back from England. :)
by scone
Sun Jun 12, 2016 5:53 am
Forum: Investing - Theory, News & General
Topic: Crazy housing market
Replies: 77
Views: 8774

Re: Crazy housing market

For me, the big question is, how long will this last before it blows up again? :shock:
by scone
Sun Jun 12, 2016 5:48 am
Forum: Investing - Theory, News & General
Topic: 10 Year Treasury low yield
Replies: 45
Views: 3929

Re: 10 Year Treasury low yield

For those of you that are only concerned with their bond coupons to fund their retirement, congratulations on having assets large enough that you can live on 1 or 2 % of just the FI portion of your portfolio. If you have that much why are you spending time on this board instead of on your yacht in ...
by scone
Wed Jun 01, 2016 8:05 am
Forum: Personal Finance (Not Investing)
Topic: It's not shady to move States for tax reasons is it?
Replies: 48
Views: 4812

Re: It's not shady to move States for tax reasons is it?

Welcome to New Hampshire, Live Free or Die! And remember, even though we have no income tax, the property taxes can really bite, much like our local blackflies. :D
by scone
Sat May 28, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this
Replies: 211
Views: 49716

Re: I can't believe I am thinking this

Thank you, Sheepdog. You had the guts to tell it like it is, even if it was very unpleasant. I've learned a lot from you, especially about the value of cash, which, quoting Yogi, "is just as good as money!"
:sharebeer
by scone
Thu May 26, 2016 3:38 am
Forum: Personal Finance (Not Investing)
Topic: Is Real Estate Market going crazy again?
Replies: 101
Views: 10230

Re: Is Real Estate Market going crazy again?

Boston metro definitely getting warmer. I put my house on the market last week and had three full price offers in 3 days, with seven showings. But I wasn't able to find anything equivalent to rent, at even double the price, so I took it off the market! Just an anecdote, but still.
by scone
Wed Apr 06, 2016 11:12 am
Forum: Investing - Theory, News & General
Topic: Why own (non-index) mutual funds at all?
Replies: 43
Views: 3918

Re: Why own (non-index) mutual funds at all?

Some things aren't always indexed, and they aren't mutual funds. Stable value funds, for example. IIRC the iShares gold trust, IAU, is not indexed, nor GLD. Some of the alternatives are not indexed, like the AQR funds. A brokered CD isn't indexed. Real estate in a Roth obviously isn't indexed. Nor i...
by scone
Wed Apr 06, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: [DOL Rule on Fiduciary Standard is Released]
Replies: 105
Views: 6088

Re: Thoughts on ObamaRule?

DH's 401k used to be a mishmash of active and passive funds, some very expensive. Then the company was hit by class action lawsuits, and things got a lot better. Hopefully this new rule will help; at any rate the trend to low cost investing is pretty entrenched at this point.
by scone
Wed Mar 30, 2016 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Job in Mountain View, CA
Replies: 21
Views: 2472

Re: Job in Mountain View, CA

It's expensive, crowded, polluted, loud, and feels like a company town. Actually, it feels like a cross between a company town and a military base-- on a generation space ship. A strangely disconnected culture, where almost everybody seems to work in tech. Personally, I'd prefer my kids lived in a m...
by scone
Sun Mar 27, 2016 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Housing Prices Trajectory in the Bay Area?
Replies: 77
Views: 6641

Re: Thoughts on Housing Prices Trajectory in the Bay Area?

Have you considered the Livermore - Pleasanton area? Decent spot, much cheaper prices. It's a longer commute, but for 5 years, you could likely handle it. Might not appreciate as much as SF, but if prices drop, you haven't lost as much.
by scone
Sun Mar 27, 2016 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Home too small
Replies: 45
Views: 4477

Re: Home too small

Before you talk to an architect or a bank, go down to your local planning department and figure out your "buildable envelope." That's the space you could theoretically build on, once you subtract setbacks, easements, obstacles like septic systems, and so on. Once you have a realistic build...
by scone
Fri Mar 25, 2016 9:18 am
Forum: Personal Finance (Not Investing)
Topic: sellers want us to waive financing contingency
Replies: 80
Views: 6821

Re: sellers want us to waive financing contingency

This isn't baseline normal, even in a relatively hot market. But buyers and sellers can ask for anything at all-- doesn't mean they'll get it. Maybe the sellers had a previous offer fall through because buyers could not get financing, hence this play. I would not go along with it, but my motto is, &...
by scone
Mon Mar 21, 2016 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Retired and Risk Averse - Suggestions Please
Replies: 27
Views: 2466

Re: Retired and Risk Averse - Suggestions Please

20% S + P 500 5% International 35% Short duration Treasury bond fund 35% Intermediate duration Treasury bond fund 5% Treasury money market Treasuries tend to rise when the stock markets are tanking, which reduces the total amount of money you lose in that situation. Splitting the Treasury bond funds...
by scone
Sat Mar 12, 2016 7:44 am
Forum: Investing - Theory, News & General
Topic: Your stock funds closed at highest [so far] of 2016 today
Replies: 35
Views: 4584

Re: Your stock funds closed at highest [so far] of 2016 today

Who cares? I don't. I'm in it for the long haul. Those who didn't rebalance should care because maybe they will not miss the next chance. And those that did rebalance may need to start rebalancing out of equities if they have hit their rebalance trigger bands. Yep, that's me. For once I actually bo...
by scone
Mon Mar 07, 2016 8:58 am
Forum: Personal Consumer Issues
Topic: Anything to look for when buying a fridge?
Replies: 38
Views: 3186

Re: Anything to look for when buying a fridge?

I tend to go for the simplest, cheapest appliances that meet my specs, have a pretty good repair history, and a lot of local people who are willing to work on the brand. All other things being equal, I'd rather buy something made in America. The one I have now is a bottom freezer Amana, no fancy bel...
by scone
Mon Mar 07, 2016 8:50 am
Forum: Personal Finance (Not Investing)
Topic: We paid off our mortgage ...what to do with the extra money each month?
Replies: 28
Views: 4125

Re: We paid off our mortgage ...what to do with the extra money each month?

Toons wrote:I suggest continue placing the monthly "hypothetical " mortgage payment in the taxable investment of your choice.
It worked for me.
:happy

^ This. If you resist "lifestyle inflation," you have a shot at the big prize: financial independence.
by scone
Wed Feb 24, 2016 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Frustrated wtih how boring personal finance is
Replies: 40
Views: 4454

Re: Frustrated wtih how boring personal finance is

How about a new, difficult goal, like early retirement?
by scone
Sun Feb 21, 2016 10:20 am
Forum: Personal Consumer Issues
Topic: Selling historic house
Replies: 17
Views: 1898

Re: Selling historic house

"I have a buyer for your home" is a standard lead generation technique, it has nothing to do with the historic nature of the house. If you google "I have a buyer for your home," you will see how agents use this technique to drive leads in their "farm" area. If you reall...
by scone
Tue Feb 16, 2016 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Am I well diversified?
Replies: 15
Views: 1872

Re: Am I well diversified?

Welcome. You're on the right track, but you could speed things up if you choose. A 50% savings rate is possible, and with 250k in salary, it should be no hardship. As for your investments, look for the ones with the lowest expense ratio (check this board's wiki). You should only need a few stock fun...
by scone
Tue Feb 16, 2016 8:48 pm
Forum: Personal Consumer Issues
Topic: kitchen remodeling-why is it the norm?
Replies: 95
Views: 8670

Re: kitchen remodeling-why is it the norm?

A 30 year old kitchen is probably pretty worn, you just don't see it. It's also likely to be outdated in terms of functionality and efficiency. No one wants to spend hours cleaning tile countertop grout with bleach and a toothbrush today, no matter how "perfectly good" It is, because we ha...
by scone
Tue Feb 16, 2016 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Considering $ impacts of a move from MA to NH
Replies: 12
Views: 1182

Re: Considering $ impacts of a move from MA to NH

FWIW, I live in southern NH and haven't found a lot of little fees. What I have found, is more driving to get to entertainment venues, i.e., music, museums, etc. It's very quiet here, and the natural world is beautiful, but not a lot going on otherwise. We have even found it very difficult to get pe...
by scone
Thu Feb 11, 2016 2:09 pm
Forum: Investing - Theory, News & General
Topic: Yellen: "We're taking a look at negative interest rates."
Replies: 56
Views: 7143

Re: Yellen: "We're taking a look at negative interest rates."

(In before the lock.) Since you are a young person, you shouldn't be bothering with this stuff at all. Stick to plain vanilla bond funds, raise your savings rate, and focus on your career or business. Investing in yourself, making yourself more marketable, and having all the boring financial ducks i...
by scone
Thu Feb 11, 2016 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 96
Views: 10999

Re: What is your decline in Net Worth as of today?

If you include real property in "net worth," I really do not know, since I'm not selling, and I could only find out what these things are worth if I did sell. Zillow and Trulia say the real estate is worth more than when I bought it, but that's just an opinion. My stocks have dropped, but ...
by scone
Thu Feb 11, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: The 10 Year Treasury is at 1.60
Replies: 25
Views: 2690

Re: The 10 Year Treasury is at 1.60

Raising interest rates at the short end, which is the only aspect of the curve that the Fed controls directly, simply has nothing to do with "helping" prospective bond buyers or current bond holders. The Fed has a mandate from Congress to do the following: "The U.S. Congress establish...
by scone
Thu Feb 11, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: The 10 Year Treasury is at 1.60
Replies: 25
Views: 2690

Re: The 10 Year Treasury is at 1.60

It's not about "helping the bondholders." It's a flight to quality, because the global stock market is selling off due to fears of a China implosion, low oil prices, etc. Mr. Market is simply freaking out, and the Fed has no control over this stuff. On the up side, if the ten year stays lo...
by scone
Thu Feb 11, 2016 9:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 684379

Re: U.S. stocks in freefall

Maybe that Kyle Bass "China Doom" letter has freaked people out. Let's see if Janet can pour oil on troubled waters. Got popcorn? :D
by scone
Wed Feb 10, 2016 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous Newbie Investor
Replies: 24
Views: 2019

Re: Nervous Newbie Investor

Welcome! :D You should do what you need to do, so as to be comfortable and sleep at night. Right now isn't a bad time to buy stocks, since prices are down. But if that doesn't suit you, put part of your new contributions in stock, and part in bonds, each month. Don't sell your stock, you'll only rea...
by scone
Wed Feb 10, 2016 4:35 pm
Forum: Investing - Theory, News & General
Topic: Deflation ahead? Nobel Prize Economics winner's thought
Replies: 84
Views: 9210

Re: Deflation ahead? Nobel Prize Economics winner's thought

Dr. Krugman has a very particular agenda, which I'm not getting into here, even though I agree with some of it. The deflation call fits into that worldview. But we aren't into deflation yet, just a huge oversupply in oil, China jitters, and a bear market. It certainly feels weird to have the deflati...
by scone
Wed Feb 10, 2016 4:03 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman's Bond Portfolio (Thoughts?)
Replies: 12
Views: 1443

Re: Paul Merriman's Bond Portfolio (Thoughts?)

^ Like I said, I'm not concerned with the income from the bonds, which is not that great anyway. It's the efficiency of the portfolio as a whole. And it's a slippery slope to reach for yield. Treasuries typically rise when everything else is tanking, including corporate bonds.This time is not differ...
by scone
Wed Feb 10, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein's "If You Can" Portfolio
Replies: 42
Views: 6788

Re: William Bernstein's "If You Can" Portfolio

Just an aside, but has anyone heard from Dr. Bernstein lately? He hasn't checked in recently, AFAIK.
by scone
Wed Feb 10, 2016 3:47 pm
Forum: Investing - Theory, News & General
Topic: Paul Merriman's Bond Portfolio (Thoughts?)
Replies: 12
Views: 1443

Re: Paul Merriman's Bond Portfolio (Thoughts?)

I would go with all Treasuries if I could, because it really reduces drawdowns when Mr. Market is having a hair-on-fire moment. I'm not concerned with income, I only care about total return. But in practice, I have a Total Bond clone in the 401k, because that's the only decent bond offering in that ...
by scone
Wed Feb 10, 2016 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Move 401k to stable value and lose no more principal
Replies: 14
Views: 1357

Re: Move 401k to stable value and lose no more principal

^ I agree. Put the new money in Stable Value, but don't sell stock right now. Also, increase your savings rate post-tax, that is, out of your paycheck. Put that money in CDs. Having a few years worth of expenses in cash means you aren't forced to sell to raise cash in retirement. This will definitel...
by scone
Tue Feb 09, 2016 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: -24% Return over 2 years
Replies: 54
Views: 5641

Re: -24% Return over 2 years

You might want to edit out your company's name, just to keep some privacy. FWIW, I've lost money this year, but I'm still buying stocks. The last few years have been pretty abnormal, with low volatility and an inflated market. What you are seeing now IMO, is a gradual return to a more "natural&...
by scone
Tue Feb 09, 2016 4:19 pm
Forum: Investing - Theory, News & General
Topic: Fractional Reserve Banking System
Replies: 7
Views: 486

Re: Fractional Reserve Banking System

Banks have been "creating money" since before the USA was founded. In fact, until the Federal Reserve was instituted, there were commonly many different types of bank notes and scrip. You could found a bank, issue notes, and they would circulate as money. You can imagine the chaos and pani...
by scone
Tue Feb 09, 2016 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) getting killed
Replies: 52
Views: 5536

Re: 401(k) getting killed

There's no way to avoid the pain, except by taking less risk. If somebody tells you otherwise, he is either a fool, or trying to sell you something. You can put some money in bonds and cash, which will lessen the pain, especially when your bonds rise as stocks fall. Take a look at intermediate treas...
by scone
Tue Feb 09, 2016 2:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 684379

Re: U.S. stocks in freefall

Taylor Larimore wrote:scone:

I like your timely signiture.

Best wishes.
Taylor


I steal from the best. 8-)

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