Search found 2213 matches

by technovelist
Sat Aug 06, 2016 11:07 pm
Forum: Personal Consumer Issues
Topic: IPv6 disabled on wife's Windows 10 machine, how do I reenable it?
Replies: 10
Views: 917

Re: IPv6 disabled on wife's Windows 10 machine, how do I reenable it?

I've never heard of having trouble with slow/non-working internet access due to IPv6 not being enabled. I don't have it enabled on any of my Windows machines (running either Windows 7 or Windows 10) and I haven't run into anything like that, including banking and investment account access. I don't t...
by technovelist
Sat Aug 06, 2016 8:19 pm
Forum: Personal Consumer Issues
Topic: Blocking robot calls.
Replies: 51
Views: 3639

Re: Blocking robot calls.

Yes, those calls are very annoying! I must have gotten 20 of the one that starts with "This is Julie". I don't know how the rest of it goes because I hang up and block it immediately after that point. The reason I don't have to worry about getting them late at night is that our house phone...
by technovelist
Fri Aug 05, 2016 5:10 pm
Forum: Investing - Theory, News & General
Topic: Margin investing - how risky is it really?
Replies: 33
Views: 2203

Re: Margin investing - how risky is it really?

Another thing to consider is that if you open a margin account your shares can be lent to other investor's and your dividends will no longer be qualified ... Are you saying that merely having a margin account (without borrowing on it) means that dividends paid in that account are not qualified divi...
by technovelist
Fri Aug 05, 2016 10:09 am
Forum: Investing - Theory, News & General
Topic: Margin investing - how risky is it really?
Replies: 33
Views: 2203

Re: Margin investing - how risky is it really?

Another thing to consider is that if you open a margin account your shares can be lent to other investor's and your dividends will no longer be qualified ... Are you saying that merely having a margin account (without borrowing on it) means that dividends paid in that account are not qualified divi...
by technovelist
Fri Aug 05, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 13835

Re: "The Iron Law of Valuation?"

What of Hussman's "Iron Law of Valuation," Taylor? The Iron Law of Valuation is that every security is a claim on an expected stream of future cash flows, and given that expected stream of future cash flows, the current price of the security moves opposite to the expected future return on...
by technovelist
Wed Aug 03, 2016 9:37 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 332
Views: 35301

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

^ I guess I agree. Mostly because 1st thought would be to keep up with inflation. But, Technologist's statement was to put enough into annuity to cover safe floor. In which case, if you had 'just enough', that'd take all of your portfolio. So, see, partial annuitize does not cover safe floor for so...
by technovelist
Wed Aug 03, 2016 1:10 am
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 13835

Re: are the markets overvalued? Are Grantham/Hussman etal correct?

I think larryswedroe is obviously right that this is a very risk time to assume a "normal" SWR is really safe because of the high valuations. I don't see how this is even controversial. I have done a little research and have found that as long as I take only about 2.25% (which is what I'm ...
by technovelist
Wed Aug 03, 2016 12:58 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 332
Views: 35301

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

I still don't see what the big deal is about tail risks, for people who have "maybe enough". The answer for those people is to annuitize enough as a life annuity to ensure their safe floor. Bonds are not a substitute for a life annuity. Yes, this still leaves you vulnerable to massive infl...
by technovelist
Sun Jul 31, 2016 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion advice
Replies: 19
Views: 1677

Re: Roth Conversion advice

I would appreciate advice regarding proceeding with partial Roth conversions. We are a retired couple in our 60s, will not need funds from our IRA and have the cash to pay taxes on conversion. With sufficient lifespan we will likely exceed federal estate tax exemptions. Basic information: IRA 1.4 m...
by technovelist
Sun Jul 31, 2016 2:26 pm
Forum: Personal Consumer Issues
Topic: What makes people succeed?
Replies: 69
Views: 5509

Re: What makes people succeed?

Though I make a decent living, I count myself among those not successful. And by successful, I mean making (very) good money. The recipe isn't really that hard. Find a career that is in demand and become and expert at it and exploit it for all its worth. Mostly done by hard work and being pleasant ...
by technovelist
Sat Jul 30, 2016 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Pension decision: Lump sum or annuity. Now or later?
Replies: 19
Views: 1196

Re: Pension decision: Lump sum or annuity. Now or later?

Have you considered waiting but buying term insurance to make up the difference if you die early? At your relatively young age, if you are in very good health, that should be extremely cheap, like $500/year for $250K face amount for 30 years. 20 year term is even cheaper, and that would cover you un...
by technovelist
Sat Jul 30, 2016 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: asset allocation too cash heavy: how to unwind?
Replies: 37
Views: 3178

Re: asset allocation too cash heavy: how to unwind?

However, every $100k I put in only reduces my monthly payment by $442. To me it feels like locking away $100k "forever" to reduce my payment by $5.3k a year. I know logically the 3.375 guaranteed return is a good return, but I have some visceral aversion to the idea. Especially since it's...
by technovelist
Sat Jul 30, 2016 2:07 pm
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 13835

Re: are the markets overvalued? Are Grantham/Hussman etal correct?

Now I don't mean to use valuations to TIME the markets, just to set the AA correctly based on best estimate of expected returns. This suggests if valuations are high(er) and expected returns are low(er), then stock allocation would need to be higher to meet goals. But . . . . . . the risks are much...
by technovelist
Sat Jul 30, 2016 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: asset allocation too cash heavy: how to unwind?
Replies: 37
Views: 3178

Re: asset allocation too cash heavy: how to unwind?

However, every $100k I put in only reduces my monthly payment by $442. To me it feels like locking away $100k "forever" to reduce my payment by $5.3k a year. I know logically the 3.375 guaranteed return is a good return, but I have some visceral aversion to the idea. Especially since it's...
by technovelist
Sat Jul 30, 2016 8:58 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 332
Views: 35301

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

This is what McClung writes in introducing his book: "This book consolidates exactly what you need to know to invest well in retirement. It provides an updated set of best practices. There is no ambiguity or incomplete answers. All recommendations are supported with proper evidence to understa...
by technovelist
Sat Jul 30, 2016 8:55 am
Forum: Personal Consumer Issues
Topic: Interview in Silicon Valley - Suit?
Replies: 95
Views: 5692

Re: Interview in Silicon Valley - Suit?

I used to be in the hiring business. IMO, there is no such thing as appearing too serious about the position. Suit and tie will never make a bad impression. It will be either what's expected or, "hey, that candidate is really interested in getting hired." (both great things) :sharebeer +1...
by technovelist
Sat Jul 30, 2016 8:48 am
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 13835

Re: are the markets overvalued? Are Grantham/Hussman etal correct?

Jay I would disagree with this comment Larry, you are right that high valuation will lead to low returns, but no one knows whether the markets are highly valued or not. We do know if the markets are highly valued. US markets, both stock and bond markets are very highly valued. Especially the bond m...
by technovelist
Fri Jul 29, 2016 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC for emergency and when you would use it
Replies: 38
Views: 2572

Re: HELOC for emergency and when you would use it

“A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain.” -- Mark Twain.

IOW, don't rely on a HELOC as an emergency fund.
by technovelist
Fri Jul 29, 2016 10:24 pm
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 13835

Re: are the markets overvalued? Are Grantham/Hussman etal correct?

I can appreciate both sides of this debate. For me it comes down to how flexible one can be in reducing expenses in retirement should things really go south. If on the edge financially with little margin for error then lean towards a lower SWR, conversely if lots of room in the budget to trim then ...
by technovelist
Fri Jul 29, 2016 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any dental insurance worthwhile?????
Replies: 31
Views: 2907

Re: Are there any dental insurance worthwhile?????

My guess is that then only ones likely to save you significant money are those offered to Federal employees. The rest of us are out of luck. I do get the impression - someone may choose to correct me - that as a general rule the best dentists often don't accept insurance. I can't answer for the gen...
by technovelist
Fri Jul 29, 2016 2:45 pm
Forum: Personal Consumer Issues
Topic: Interview in Silicon Valley - Suit?
Replies: 95
Views: 5692

Re: Interview in Silicon Valley - Suit?

As a west coast advisory professional with clients across the country, I think my client-meeting attire largely, but not exclusively, correlates with client geography. As a huge generalization, I think major market east coasters expect me to be dressed a bit more casually than my counterparts from ...
by technovelist
Fri Jul 29, 2016 12:16 pm
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 13835

Re: are the markets overvalued? Are Grantham/Hussman etal correct?

I feel that no government will anytime soon (maybe not in our lifetimes) give us any guaranteed decent level interest. ... It may cause a big bubble, but we are not there yet. But this will be manifested as (maybe strong) volatility but still there will be a foundation for stocks as they adjust to ...
by technovelist
Fri Jul 29, 2016 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Another can we retire...
Replies: 51
Views: 5511

Re: Another can we retire...

It must be wonderful to be able to afford such a luxury as that advisor, who is costing the OP about the same as I spend every year! :confused
by technovelist
Fri Jul 29, 2016 9:47 am
Forum: Personal Consumer Issues
Topic: What makes people succeed?
Replies: 69
Views: 5509

Re: What makes people succeed?

Successful people I know really don't care too much about what others think about them. They don't worry about the failings of other people and certain don't worry about any failings they might have. And they especially don't care if anybody criticizes them. They just get on with being themselves. ...
by technovelist
Fri Jul 29, 2016 9:42 am
Forum: Personal Consumer Issues
Topic: Interview in Silicon Valley - Suit?
Replies: 95
Views: 5692

Re: Interview in Silicon Valley - Suit?

Maybe it's just a Midwest thing, but I'd feel like I dodged a bullet if a company didn't hire me because I wore a suit or because I wore business casual and should've worn a suit. A guy I have dealings with wears a bowtie and vest everyday, and he functions about the same as another person in his p...
by technovelist
Fri Jul 29, 2016 9:37 am
Forum: Investing - Help with Personal Investments
Topic: asset allocation too cash heavy: how to unwind?
Replies: 37
Views: 3178

Re: asset allocation too cash heavy: how to unwind?

Although I'm usually a fan of paying down a mortgage if you don't know what else to do with the money, in this case I wouldn't. Why not? Because a multi-million $ condo in an earthquake zone in California is one of the worst "investments" I can imagine. What I would do is sell the condo wh...
by technovelist
Thu Jul 28, 2016 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: 2 Mortgages, Student Debt, & Future Planning
Replies: 10
Views: 842

Re: 2 Mortgages, Student Debt, & Future Planning

Pay off the student loans ASAP. They are like chains around your ankles that you cannot escape except by dying.

Your emergency fund is next, but since you can tap your Roth account(s) in case of emergency, that can wait a bit.
by technovelist
Thu Jul 28, 2016 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any dental insurance worthwhile?????
Replies: 31
Views: 2907

Re: Are there any dental insurance worthwhile?????

We have a dental plan that pays for preventive care, e.g., 2 cleanings per year and one set of x-rays every year. The premium for both of us is $33/month, which is basically what we would pay for the cleanings otherwise. So I'm pretty sure that the insurance is a good deal. So why don't you indicat...
by technovelist
Thu Jul 28, 2016 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any dental insurance worthwhile?????
Replies: 31
Views: 2907

Re: Are there any dental insurance worthwhile?????

We have a dental plan that pays for preventive care, e.g., 2 cleanings per year and one set of x-rays every year. The premium for both of us is $33/month, which is basically what we would pay for the cleanings otherwise. But the negotiated rates for additional cleanings and any other needed work is ...
by technovelist
Thu Jul 28, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 13835

Re: are the markets overvalued? Are Grantham/Hussman etal correct?

...And same for what is the SWR, that depends on many issues, not just valuations but what options one has if the left tail risks show up. And one's willingness to take risk. I hope that is helpful larry And of course the biggest left tail risk for most married people in or near retirement (althoug...
by technovelist
Thu Jul 28, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 13835

Re: are the markets overvalued? Are Grantham/Hussman etal correct?

...And same for what is the SWR, that depends on many issues, not just valuations but what options one has if the left tail risks show up. And one's willingness to take risk. I hope that is helpful larry And of course the biggest left tail risk for most married people in or near retirement (althoug...
by technovelist
Thu Jul 28, 2016 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Think larva stage when I say "newbie" [buy an annuity?]
Replies: 25
Views: 1326

Re: Think larva stage when I say "newbie" [buy an annuity?]

1. You cannot get a guaranteed return ("steady growth") of any reasonable size these days. It just isn't possible, because interest rates are too low to make it possible. 2. So your first decision is whether you are capable of and willing to take risk, which in this connection means the ri...
by technovelist
Thu Jul 28, 2016 9:55 am
Forum: Personal Consumer Issues
Topic: What makes people succeed?
Replies: 69
Views: 5509

Re: What makes people succeed?

gasman wrote:Some combination of talent, drive, and luck.


+ 1 million.
by technovelist
Thu Jul 28, 2016 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Buying a House as an Investment?
Replies: 33
Views: 2344

Re: Buying a House as an Investment?

We joined airbnb and are renting our townhouse near the beach for $300+ a night all summer. It's not worth what we paid for it but this sure helps recoup the market loss if we sold it today. We live less than a mile away and it's a nice source of income for a few months without having renters to wo...
by technovelist
Wed Jul 27, 2016 9:09 pm
Forum: Personal Consumer Issues
Topic: Interview in Silicon Valley - Suit?
Replies: 95
Views: 5692

Re: Interview in Silicon Valley - Suit?

I don't think I've ever interviewed in Silicon Valley, but I have worked for (and interviewed for other positions in) a slightly well-known company whose HQ are in Redmond. My first experience with them was when I went to a conference in 1995 and the presenter came out barefoot. :happy That was well...
by technovelist
Wed Jul 27, 2016 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Buying a House as an Investment?
Replies: 33
Views: 2344

Re: Buying a House as an Investment?

I have a good friend who has rental real estate. Whenever I ask him how he is doing with it, he regales me with tales of woe about how much of a pain it is and how much time it takes. He also got audited by the IRS because they didn't believe he was actually in it as a business because he has anothe...
by technovelist
Wed Jul 27, 2016 10:14 am
Forum: Personal Finance (Not Investing)
Topic: How to calculate Emergency fund
Replies: 44
Views: 3368

Re: How to calculate Emergency fund

Fairly new poster here (but addicted lurker). Sorry haven't mastered quoting. Be careful about unbridled optimism. Re Delamer's assumption of both members of dual income family not losing their jobs at the same time- it happens. I thought the same. DH and I were in " uncorrelated" fields:...
by technovelist
Wed Jul 27, 2016 12:53 am
Forum: Personal Finance (Not Investing)
Topic: How to calculate Emergency fund
Replies: 44
Views: 3368

Re: How to calculate Emergency fund

"Anyone with an emergency fund will never be able to match my level of safety now, even with a 2008 style 50℅ crash." How could you possibly know that? Because if you put money in an "emergency fund" it hasn't doubled. If you invested in equities, it has doubled. (Okay, technica...
by technovelist
Wed Jul 27, 2016 12:52 am
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 178
Views: 9628

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

I firmly believe, based on facts and not emotion, that the US market will continue to outperform all other asset classes over the long term (i.e. decades). Exactly what facts do you have about future events? Those are pretty hard to come by, in my experience. Who said anything about "future fa...
by technovelist
Tue Jul 26, 2016 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate Emergency fund
Replies: 44
Views: 3368

Re: How to calculate Emergency fund

delamer wrote:"Anyone with an emergency fund will never be able to match my level of safety now, even with a 2008 style 50℅ crash."

How could you possibly know that?


Because he is Bill Gates? :mrgreen:
by technovelist
Tue Jul 26, 2016 11:00 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 178
Views: 9628

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

I firmly believe, based on facts and not emotion, that the US market will continue to outperform all other asset classes over the long term (i.e. decades). Exactly what facts do you have about future events? Those are pretty hard to come by, in my experience. Who said anything about "future fa...
by technovelist
Tue Jul 26, 2016 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: "New" combo product for LTC/Whole life insurance
Replies: 11
Views: 1031

Re: "New" combo product for LTC/Whole life insurance

I would stay away from anything that complicated. Now on the other hand, I can definitely see a role for a combination of term life insurance and deferred annuity on a spouse's life that starts paying when the term life expires. That would guarantee the spouse either the life insurance payout or an ...
by technovelist
Tue Jul 26, 2016 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate Emergency fund
Replies: 44
Views: 3368

Re: How to calculate Emergency fund

~20% of net worth in cash is the typical amount. I've never seen that before. What is your source? 6-12 months of necessary expenses is what I've seen most of the time, with the number going up after a crash like 2008, since 6 months turned out not to be nearly long enough for a lot of people. Sinc...
by technovelist
Tue Jul 26, 2016 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for the "new normal": how?
Replies: 49
Views: 5077

Re: Planning for the "new normal": how?

I'm mitigating this risk by planning for an early retirement that I'll delay until I have enough for a secure retirement. If I see around 7% real returns over the next 25 years, I'll retire in my mid 50s to a very comfortable retirement. If I see 2% real returns over the next 35 years, I'll retire ...
by technovelist
Tue Jul 26, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for the "new normal": how?
Replies: 49
Views: 5077

Re: Planning for the "new normal": how?

The Harry Browne Permanent Portfolio, which has been discussed here on several occasions, takes into account the possibility of "unknown unknowns" (a second Donald Rumsfeld quote in the same thread? That may be a record!).
by technovelist
Tue Jul 26, 2016 2:42 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 178
Views: 9628

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

You can control the maturity duration . Rising interest rates isn't really a problem. I welcome rising interest rates... I'd take the short-term hit, followed by years of higher yields. Inflation is the problem. But you can semi-control that too with short maturities duration , or inflation-adjuste...
by technovelist
Tue Jul 26, 2016 2:41 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 178
Views: 9628

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

NMJack wrote:I firmly believe, based on facts and not emotion, that the US market will continue to outperform all other asset classes over the long term (i.e. decades).


Exactly what facts do you have about future events? Those are pretty hard to come by, in my experience.
by technovelist
Tue Jul 26, 2016 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 79
Views: 5509

Re: Rules of Thumb: Max House Value as % of Net Worth?

No that is not how it works. The Southern guy makes $100K per year and Engineer makes $1.4M. Clearly my math skills do not justify the income. :oops: Now you know what all the people who complain about overpayed gov'ment workers are talking about. :P We understood, just having fun. :) :sharebeer
by technovelist
Tue Jul 26, 2016 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 79
Views: 5509

Re: Rules of Thumb: Max House Value as % of Net Worth?

Many here forget that the subset of people who read websites like Bogleheads or blogs like Financial Samurai are already likely living on the coasts, making incomes far about national averages, and since they have an innate interest in personal finance are already saving a significant amount of the...
by technovelist
Tue Jul 26, 2016 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 79
Views: 5509

Re: Rules of Thumb: Max House Value as % of Net Worth?

I think that banks due factor networth into what they will loan you not just income. We recently sought a loan based on my husbands credit/income alone because mine is frozen. The loan they offered would clearly not be supported by his income, but the assets in his name would have to spent down to ...

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