Search found 1123 matches

by finite_difference
Wed Jan 16, 2019 10:45 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 828
Views: 41353

Re: John Bogle has died at age 89

John Bogle will always be one of my heroes. He was not afraid to stand up for what’s right. He not only gave us the means to obtain financial well-being, but he selflessly and tirelessly taught us how to invest. I take comfort knowing this community will make sure he is never forgotten. His knowledg...
by finite_difference
Tue Jan 15, 2019 5:37 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2732

Re: School staff threatened to call social worker

We are planning a trip back to China that would require 9 days of absence from my daughter’s school What should I do to protect ourselves? We planto go back every two years so this will be a recurring issue. In my state, school is 180 days. You are planning on being absent for 5% of them every othe...
by finite_difference
Tue Jan 15, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: What do futures really leverage exposure to?
Replies: 27
Views: 1590

Re: What do futures really leverage exposure to?

You can get the ebook for $23-25 on eBay (electronic or paper), and if you are not picky about the latest edition, can score it for like $13, maybe less. I obtained my e-book for much less than $13. About $13 less. OP, it's a great book and I learned much from it. For free? From where? In that case...
by finite_difference
Tue Jan 15, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: Funniest movies of all time? Name five of your favorites...
Replies: 220
Views: 31231

Re: Funniest movies of all time? Name five of your favorites...

* Monty Python and the Holy Grail (1975) * Mrs. Doubtfire (1993) * Clerks (1994) * Rush Hour (1998) * South Park: Bigger, Longer & Uncut (1999) Honorable mentions: The Pink Panther (1963), Airplane (1980), Caddyshack (1980), Beverly Hills Cop (1984), Wayne’s World (1992), The Mask (1994), Tommy Boy ...
by finite_difference
Mon Jan 14, 2019 8:31 am
Forum: Investing - Theory, News & General
Topic: What do futures really leverage exposure to?
Replies: 27
Views: 1590

Re: What do futures really leverage exposure to?

No idea about future but I do have some idea on how to score textbooks for a good price! You can get the ebook for $23-25 on eBay (electronic or paper), and if you are not picky about the latest edition, can score it for like $13, maybe less. For a class you might need the latest and greatest, since...
by finite_difference
Tue Jan 08, 2019 10:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: The quest is the quest – the emotional letdown of winning the game.
Replies: 24
Views: 2453

Re: The quest is the quest – the emotional letdown of winning the game.

Are you a tax expert? If you have won the game, and achieved mastery of investing and tax regulations, then congrats! Have you considered volunteering to give others the benefit of your knowledge? (Not that you have to be an expert on taxes to have won the game, but more an idea for something to do ...
by finite_difference
Sun Jan 06, 2019 11:11 pm
Forum: Personal Consumer Issues
Topic: United, American Airlines, Delta--about the same?
Replies: 144
Views: 7769

Re: United, American Airlines, Delta--about the same?

Surprised how negative the AA feedback is. I travel a lot and over the last 1-2 years I noticed a good number of updated planes. The thing about American is that the updated planes are on certain routes, while other routes (especially those formerly operated by US Airways) have ancient planes. The ...
by finite_difference
Sun Jan 06, 2019 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Autistic sister being targeted by Nigerian scammers
Replies: 84
Views: 6606

Re: Autistic sister being targeted by Nigerian scammers

Here’s a video documentary on the Nigerian 419 Romance Scam that I found. Watch it first to see what you think. https://vimeo.com/36964791 You need to have a vimeo account to view the video and I already have too many other accounts. I found another article on three Nigerians who were extradited fr...
by finite_difference
Sun Jan 06, 2019 10:01 am
Forum: Personal Consumer Issues
Topic: United, American Airlines, Delta--about the same?
Replies: 144
Views: 7769

Re: United, American Airlines, Delta--about the same?

Continental, which then merged with United, used to be my favorite airline. After the merger, service slowly went downhill, growing worse and worse until culminating in the widely reported video of a man being violently injured when he was forcibly removed from one of their aircraft. Unfortunately, ...
by finite_difference
Sat Jan 05, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Autistic sister being targeted by Nigerian scammers
Replies: 84
Views: 6606

Re: Autistic sister being targeted by Nigerian scammers

Here’s a video documentary on the Nigerian 419 Romance Scam that I found. Watch it first to see what you think.

https://vimeo.com/36964791
by finite_difference
Fri Jan 04, 2019 10:17 pm
Forum: Personal Consumer Issues
Topic: Which Compact SUV Should I Buy?
Replies: 177
Views: 9261

Re: Which Compact SUV Should I Buy?

You should be able to get four high-quality tires for $750, including installation, at Costco. Not $1500! So driving your current car and making a couple copies of your key (keep one at the office, one at home, give one to a friend or something) would save you quite a bit of money. I have to admit k...
by finite_difference
Fri Jan 04, 2019 10:13 pm
Forum: Personal Consumer Issues
Topic: Which Compact SUV Should I Buy?
Replies: 177
Views: 9261

Re: Which Compact SUV Should I Buy?

Subaru all have CVT. new gen CVT will last for 200k. Subie high ground clearance will be good for frequent snow flood area. The box engine is prone to have oil burning and gasket problem. You would need to use syn oil (low ash oil such as Amsoil, PUP) and change cooling water more often. What makes...
by finite_difference
Thu Jan 03, 2019 9:26 pm
Forum: Personal Consumer Issues
Topic: Which Compact SUV Should I Buy?
Replies: 177
Views: 9261

Re: Which Compact SUV Should I Buy?

You can get a lightly used (~3 years old/30k miles) Lexus RX 350 with backup camera, blindspot monitoring, keyless entry, leather seats, navigation, moonroof, heated seats, Bluetooth, automatic rear door, etc. for ~ $30k OTD. The original cost new OTD was ~ $45k+. Runs fine on regular gasoline. Seem...
by finite_difference
Thu Jan 03, 2019 2:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784562

Re: U.S. stocks in free fall

I've been calling the top on Apple for at least two years now. So you weren't wrong, you were just early. :P That being said, the after-hours price of their stock is just back to where it was in June, 2017. That's not too momentous yet at least. Oh, never mind, you weren't right either. :twisted: I...
by finite_difference
Tue Jan 01, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to afford a sports car?
Replies: 128
Views: 8940

Re: How to afford a sports car?

Being able to truly afford buying a new $40k sports car, including the associated (relatively high) maintenance, is more of an end goal, and not something you should expect to be able to afford right away. But the good news is that America is the land of the automobile, and there are many, many (man...
by finite_difference
Sun Dec 30, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Am I too risk averse?
Replies: 56
Views: 4776

Re: Am I too risk averse?

Yes you’re too risk adverse I disagree. OP should stick with whatever asset allocation they feel comfortable with. Comfortable with 28% stocks and $3.5 million, I don't see a problem with it. I'd say congrats on winning the game! Yes, it’s right above the 25% stock threshold so I would say it’s a v...
by finite_difference
Sun Dec 30, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Father with Dementia Took a Full IRA Distribution
Replies: 56
Views: 5485

Re: Father with Dementia Took a Full IRA Distribution

I wouldn’t be too hard on your parents. You’ll have to pay taxes sooner or later. I wouldn’t call making a large withdrawl, and the resulting “massive” tax bill, that huge of a mistake. Presumably they were in a higher tax bracket when working. Now, if they withdrew in such a way that incurred penal...
by finite_difference
Thu Dec 27, 2018 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be renting forever?
Replies: 44
Views: 3129

Re: Will I be renting forever?

You have a flaw in your logic that is leading you to be needlessly distraught. Renting is not throwing away money. I would have your spouse keep a lookout for a better job in a lower cost of living area, and I would also keep a lookout for a job that you could do (perhaps part time, not physically d...
by finite_difference
Thu Dec 27, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Home Heating Advice
Replies: 72
Views: 5693

Re: Home Heating Advice

My home is propane: 2 furnaces, hot water heater, clothes dryer, stovetop and backup generator. Propane is more expensive than natural gas, but cheaper than using electricity when it comes to heating. I have a 1000 gallon underground tank, gets filled ~ 3 times per year, usually 600gal at a time, c...
by finite_difference
Thu Dec 27, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with 1k check for 9 month old son?
Replies: 44
Views: 2941

Re: What to do with 1k check for 9 month old son?

529. At $2500, still have a long ways to go.

Otherwise UTMA @ Vanguard: 80% Vanguard Total Stock, 15% Vanguard Total International, 5% Vanguard Total Bond. Automatically reinvest.
by finite_difference
Thu Dec 27, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9300

Re: What common everyday inconvenience have you intentionally suffered for frugality?

I wish people would also post the annual savings they estimate from each one of these habits. A CR2032 Lithium battery costs $0.50 and needs to be replaced approximately every 2.5 years, so that’s a whopping savings of $0.20 per year. I do not suffer any everyday conveniences if I can help it. I thi...
by finite_difference
Tue Dec 25, 2018 10:10 pm
Forum: Personal Consumer Issues
Topic: Home Heating Advice
Replies: 72
Views: 5693

Re: Home Heating Advice

My home is propane: 2 furnaces, hot water heater, clothes dryer, stovetop and backup generator. Propane is more expensive than natural gas, but cheaper than using electricity when it comes to heating. I have a 1000 gallon underground tank, gets filled ~ 3 times per year, usually 600gal at a time, c...
by finite_difference
Mon Dec 24, 2018 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2626

Re: Advice for "Little Old Lady" revised

Thank you. I'll certainly consider the "three fund" approach. Be careful and make sure you understand the tax implications before you change funds. Is the money in a 401k, IRA, or a taxable brokerage account? If the money is in a taxable brother account, then definitely spend some time understandin...
by finite_difference
Mon Dec 24, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784562

Re: U.S. stocks in free fall

I lost $85,000 of new money invested 15 days ago. At this point it doesn't matter anymore if I'm "comfortable" with my asset allocation, this is a serious loss by any standard. Update: I’m now approaching a $110,000 loss. I won’t be able to handle this for much longer. Hi michaeljmroger, I see you ...
by finite_difference
Sun Dec 23, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784562

Re: U.S. stocks in free fall

...The shutdown is not boosting the economy, that’s for sure. A "shutdown" on a weekend, this administration declared the day before Christmas a holiday for Federal employees, Tuesday is the Christmas holiday, the prior administration declared the day after Christmas a holiday for Federal employees...
by finite_difference
Sun Dec 23, 2018 2:43 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784562

Re: U.S. stocks in free fall

I think this extremely quick plunge is just from big hedge funds trying to "punish" the Fed by sending them a message, and therefore it has nothing to do with the intrinsic value of the companies. The faster the market goes down, the faster is comes back, as more or less happened in 1987 and 2009. ...
by finite_difference
Sun Dec 23, 2018 2:30 am
Forum: Investing - Theory, News & General
Topic: 3-Fund + Gold: Why not a good idea?
Replies: 42
Views: 2314

Re: 3-Fund + Gold: Why not a good idea?

Gold has interesting and useful properties. I’m hoping the price crashes so we can use it for more useful things than primarily jewelry or as a store of value. I think gold will always be semi-valuable but I prefer owning stocks and bonds that generate wealth, over commodities. But I don’t necessari...
by finite_difference
Thu Dec 20, 2018 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Honda CR-V - oil consumption test, needs new pistons and rings
Replies: 12
Views: 1359

Re: 2016 Honda CR-V - oil consumption test, needs new pistons and rings

Hello, my 2016 was low on oil after an oil change. Honda has me return 3 times for an oil consumption test. The car failed the test, now Honda let me know they will replace the pistons and rings in the engine. Has anyone had this problem? I am concerned because my car is only 2 years old and their ...
by finite_difference
Thu Dec 20, 2018 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - can I afford either?
Replies: 30
Views: 2260

Re: Buying vs renting - can I afford either?

Have you considered moving abroad for retirement? especially if you are in very good shape. Mexico, Philippines, Thailand, Costa Rica, whatever. $1500/month + $100k is going to be rough even in LCOL areas in the US. Yeah, that’s would I would do. Also: delay SS until 70. Find a job ideally writing ...
by finite_difference
Thu Dec 20, 2018 11:27 pm
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 74
Views: 10059

Re: I feel cheated, saved too much in 401K vs cash.

If you had the cash, you'd have 30% less of it, based on a WAG at your marginal state plus federal tax brackets plus the tax drag of a taxable investment. Sure, I guess something like that could be true. But, if I took that 70% of what I currently have in my 401K, paid cash for real estate, I would...
by finite_difference
Thu Dec 20, 2018 11:23 pm
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 74
Views: 10059

Re: I feel cheated, saved too much in 401K vs cash.

How are you cheated? You were supposed to do this: -401k to get full match (100% return.) -Max Roth IRA At that point, you would optimally add more to your 401k but, you could do taxable instead if... not really sure in what scenario that would be better. If you retire early (before 59.5 years old),...
by finite_difference
Wed Dec 19, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10112
Views: 1784562

Re: U.S. stocks in free fall

I still don't get why they're raising rates. Powell's not saying there's inflation. To tamp down on bubbles before they explode. They are probably too late though. Read an interesting piece the other day saying the argument that the Fed needs to build up higher rates so they have ammo to reduce the...
by finite_difference
Wed Dec 19, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2373

Re: Math: How much would you spend to repair this car?

Get a new car. Even if you fixed it, there is no way to prevent lots of little issues from the fix that will make it difficult or unsafe. A "fixed" totaled car is never right again. Unless the frame was compromised, or the airbags were deployed, or the engine was damaged, or something else major, w...
by finite_difference
Wed Dec 19, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2373

Re: Math: How much would you spend to repair this car?

Wheels, axel, windshield, and undercarriage undamaged, one headlight destroyed, hood seriously dented on one quarter. Car starts fine but check engine light on.... The dent in the hood is not worth fixing on a car that is only worth a couple of hundred dollars since you can drive a car with a dente...
by finite_difference
Sun Dec 16, 2018 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 126
Views: 10120

Re: Can I retire

Maybe I/we need to spend more but there is no way I can see use spend 250k per year! What am I missing? (Just curious if my calculations are wrong and in no way trying to shame anyone) Is it really so hard to imagine that other people could spend more money? Here are some trivial examples from a re...
by finite_difference
Sun Dec 16, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 126
Views: 10120

Re: Can I retire

How can someone spend 250k a year in living expenses? Maybe I/we need to spend more but there is no way I can see use spend 250k per year! What am I missing? (Just curious if my calculations are wrong and in no way trying to shame anyone) Is it really so hard to imagine that other people could spen...
by finite_difference
Sun Dec 16, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: When cash is riskier than bonds
Replies: 56
Views: 5532

Re: When cash is riskier than bonds

As a retiree, I agree. Then there's Paul Merriman's approach, kind of between you and Jalbert: 50% ITT 30% STT 20% ST TIPS What is the argument for short term TIPS? There is very little risk of unexpected inflation in the short term. And TIPS in general have not performed as well as nominal Treasur...
by finite_difference
Sun Dec 16, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5361

Re: Volkswagen Reliability

There were ~480,000 of these “clean diesel” VWs sold in the US. That was about my assumption, less than 0.2%. Let's compare with school buses: same number 480,000. Difference in PM and NOx, probably in the range of 10-100X. Diesel pick up trucks? Probably a lot more. Etc. So yeah, probably less tha...
by finite_difference
Sun Dec 16, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Bucket?
Replies: 143
Views: 15455

Re: Do Bogleheads Bucket?

Isn’t AA kind of like a simplified bucket? I haven’t thought much about withdrawal strategies, except that I assumed I would take out equally according to my AA. For example if it’s 60/40 and I want to withdraw $100, I would take out $60 from stocks and $40 from bonds. But if we were in a 2008-scena...
by finite_difference
Fri Dec 14, 2018 11:49 pm
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 128
Views: 15061

Re: How to learn a second language

I hope to learn the following languages, in this order: 1. Mandarin 2. Spanish 3. Japanese 4. French After that I’ll speak 6 languages and that should be enough ;) 2 and 4 should be pretty easy compared to 1 and 3. There’s a lot more I’d like to learn: Arabic, Navajo, Cantonese. Something for Bogleh...
by finite_difference
Fri Dec 14, 2018 11:10 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5361

Re: Volkswagen Reliability

Our family had a VW Cabrio. It was a cute car but was plagued with issues and was costly to repair. The convertible top wore out and needed to be replaced. The speedometer broke, which required a full replacement of the entire dash. After it rained sometimes the car would not start — we could never ...
by finite_difference
Fri Dec 14, 2018 11:03 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5361

Re: Volkswagen Reliability

Are you trying to compare a 50mpg VERY CLEAN and modern diesel sold in very small numbers with diesels on pick up trucks, school buses or large trucks? I highly doubt VW TDI engines added any measurable pollution to that. That is even if we look only at diesel and give gas trucks a free pass. I don...
by finite_difference
Thu Dec 13, 2018 11:19 pm
Forum: Personal Consumer Issues
Topic: Is a New Car Okay if Driven 15+ Years?
Replies: 91
Views: 7441

Re: Is a New Car Okay if Driven 15+ Years?

Acting like a 10 year old car is a death trap is laughable. Most of the new safety things being added nowadays are tech related and only help compensate for bad/inattentive drivers. It is true that big strides were made with crumple zones, airbags and things like that in the past. 33k die in the US...
by finite_difference
Thu Dec 13, 2018 11:09 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5361

Re: Volkswagen Reliability

So you're OK buying a car from a company that plead guilty to violating the US Clean Air Act and paid more $4B in fines? Why, because you like the "style" of the car? I'd think about supporting companies that are innovative, build high quality products, and know how to obey the law. It's all about ...
by finite_difference
Thu Dec 13, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Fund that pays ~3% Dividend
Replies: 12
Views: 2502

Re: Total Stock Market Fund that pays ~3% Dividend

We have a GRAT that we are required to distribute an annual cash dividend for 10 years. The amount comes to about 3% of the total value of the GRAT. We are looking for TLH pairs of Total US Market that distribute ~3%. This would allow us to TLH and not have to sell any stock at a short-term gain. I...
by finite_difference
Thu Dec 13, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Do our savings rate habits change as we get older?
Replies: 16
Views: 1525

Re: Do our savings rate habits change as we get older?

My opinion is no. Those that save will continue to save. Those that don't usually don't. There are some that figure it out later in life and try to make up, but compounding or lack thereof is not forgiving. Either way it really is amazing how visceral saving or not, i.e. delayed gratification or no...
by finite_difference
Thu Dec 13, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 89
Views: 5346

Re: [Anyone drop cable for YouTube TV?]

sksbog wrote:
Wed Dec 12, 2018 10:08 pm
Bought a $35 antenna. Now I get 60 channels ( nbc,CBS,fox, etc) for free. +
$15 Netflix.

All set😁
How much for Internet + bandwidth up/down?
by finite_difference
Thu Dec 13, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Is it a Five-Twenty-Nine or a Five-Two-Nine Plan
Replies: 29
Views: 1486

Re: Is it a Five-Twenty-Nine or a Five-Two-Nine Plan

We always cite the complete 26 U.S.C. § 529, unless we're in the company of tax friends only and then say IRC 529. Ah, but then how do you pronounce §?? I also am not sure others will understand USC, so probably better to also spell that out. And if IRC is important you better spell that out too. A...
by finite_difference
Tue Dec 11, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7939

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

My parents are semi-retired but don't care to travel one bit. Another retired family member goes on 4-6 vacations, domestic and international, per year. Different strokes. I like to travel to see things; historic buildings, beautiful scenery, etc. There are many things I have zero interest in despi...