Search found 1687 matches

by quantAndHold
Fri May 04, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Investing is more like poker than chess
Replies: 91
Views: 6951

Re: Investing is more like poker than chess

OP, I disagreed. If a person is saving one year of current annual expense every year, why does a person need to take any substantial level of risk? In fact, in those cases, any AA between 70/30 to 30/70 will work fine. What is the risk and uncertainty in those cases? KlangFool If it’s all about sav...
by quantAndHold
Fri May 04, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: Investing is more like poker than chess
Replies: 91
Views: 6951

Re: Investing is more like poker than chess

I see I’m the only one in this thread who’s actually read the book. Okay. The book isn’t an investing book. It’s a book about decision making. Her point is that the result of most decisions is a combination of the quality of the decision, and luck. We tend to look at the result of a decision afterwa...
by quantAndHold
Fri May 04, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Investing is more like poker than chess
Replies: 91
Views: 6951

Re: Investing is more like poker than chess

OP, I disagreed. If a person is saving one year of current annual expense every year, why does a person need to take any substantial level of risk? In fact, in those cases, any AA between 70/30 to 30/70 will work fine. What is the risk and uncertainty in those cases? KlangFool If it’s all about sav...
by quantAndHold
Fri May 04, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 5524

Re: How old is too old for a vehicle, even for a well running one ?

I have about a 15 minute commute and I wonder which day it will die. This would be beyond my limit. I don’t like to spend money on things I don’t like to spend money on, but if I’m driving to work I want to know that I’ll get there. Otherwise, I might as well take the bus. As to the original questi...
by quantAndHold
Fri May 04, 2018 12:45 am
Forum: Investing - Theory, News & General
Topic: How does stock buyback benefit investors?
Replies: 78
Views: 6764

Re: How does stock buyback benefit investors?

We all know that paying dividend does not increase the net worth of share holders since dividend comes from company's cash reserve. Stock buyback is another way for a company to spend cash. If the company buys back stock shares and take them out of circulation for good, then the end result is that ...
by quantAndHold
Thu May 03, 2018 11:47 pm
Forum: Personal Consumer Issues
Topic: 2019 Corolla Hatchback
Replies: 9
Views: 1211

Re: 2019 Corolla Hatchback

I love a good hot hatchback. And I’m probably due for a new car to replace my Mazda 3 in the next year. The car *looks* awesome. Then I read the first sentence of Consumer Reports’ first look. The all-new 2019 Toyota Corolla Hatchback offers more power than the Corolla iM that it replaces, but even ...
by quantAndHold
Thu May 03, 2018 11:36 pm
Forum: Personal Consumer Issues
Topic: SUV vs Full Size Car - Taurus or Escape
Replies: 55
Views: 2744

Re: SUV vs Full Size Car - Taurus or Escape

Can’t you just add an aftermarket backup sensor on your current Taurus?
by quantAndHold
Thu May 03, 2018 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Moving downtown Chicago. Should I sell my car?
Replies: 41
Views: 2865

Re: Moving downtown Chicago. Should I sell my car?

If you are a single man, you may have use for a car when you take a lady out on the town. There are like 4 different car sharing services in Chicago. And Uber. And Lyft. And there’s always Enterprise, Hertz, Avis, etc. And if the lady also lives downtown, she won’t expect you to be driving. Because...
by quantAndHold
Thu May 03, 2018 11:16 pm
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1849

Re: Arghhh! Oven Door Fell Off Again!

I would think in a rental, a standard 30” stove might be a better choice. Tenants are hard on stuff.
by quantAndHold
Thu May 03, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: Costco Vs Amazon Prime
Replies: 62
Views: 4288

Re: Costco Vs Amazon Prime

I like the simple advice that boils down to "eat REAL food, not too much, mostly plants...." And anyway, Michael Pollan points out in great detail in one of his books that there’s a vast difference between the “organic” that’s being sold in places like Costco, and the mental image we have when we t...
by quantAndHold
Thu May 03, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Do you use computer glasses?
Replies: 16
Views: 1452

Re: Do you use computer glasses?

Yes. Are these prescription reading glasses, or drug store readers? If they’re prescription, go to the eye doctor and ask for a prescription for computer glasses. If they’re drugstore, go to the drugstore and buy a couple of pairs that are 0.5 or 1.0 less powerful than your regular readers. Try them...
by quantAndHold
Thu May 03, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Medically Retired at Age 30 [Saving for Retirement - 100% Disabled Vet]
Replies: 20
Views: 3497

Re: Medically Retired at Age 30

Are you capable of working a normal job? I know people who’ve been medically retired from the military, but are still capable of doing an office job, for example. If that’s the case, figure out what you want to do, get whatever education you need, and go forward. If you can’t work full time, but can...
by quantAndHold
Thu May 03, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Costco Vs Amazon Prime
Replies: 62
Views: 4288

Re: Costco Vs Amazon Prime

If you are into healthy lifestyle then you need Costco because of much cheaper prices organic eggs (cheapest in the market) Ghee butter (much better than butter) (cheapest in the market) organic chicken (cheapest in the market) Organic seeds like hemp seed green sprouts (cheapest in the market) Org...
by quantAndHold
Thu May 03, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Receiving house after parents pass away - legal issues with siblings?
Replies: 35
Views: 3639

Re: Receiving house after parents pass away - legal issues with siblings?

Isn’t that what a will is for?

A visit to an estate attorney might be a good idea.
by quantAndHold
Thu May 03, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Budget for kid's sport?
Replies: 49
Views: 2523

Re: Budget for kid's sport?

Is this in lieu of paying for daycare? If it is, it’s probably cheaper than daycare. If it isn’t, then I’m with your wife. This is insane. No 7 year old needs that many activities. What low cost/free activities does the school offer? Or the local rec center? Or the Y? Do kids ever get together to ju...
by quantAndHold
Thu May 03, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house and High tax state.. Does it make sense anymore??
Replies: 28
Views: 2351

Re: Buying a house and High tax blue state.. Does it make sense anymore??

I assume that the place you’re considering buying is larger, nicer, and/or better located than the place you’re renting? You’re comparing apples to oranges. What’s the comparison if you compare renting a place that’s similar to the one you want to buy? Or buy one that’s similar to the one you’re ren...
by quantAndHold
Wed May 02, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: Help me choose a second computer monitor
Replies: 18
Views: 1429

Re: Help me choose a second computer monitor

I have the 34” version of the Dell that Ged recommended a couple of posts upthread. Excellent monitor. Really, really excellent.
by quantAndHold
Wed May 02, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Overinvested in my company's stock, how to correct?
Replies: 5
Views: 1005

Re: Overinvested in my company's stock, how to correct?

Been there, done that. Your plan sounds good. Remember, it’s a year plus one day. So May 16, not May 15.
by quantAndHold
Wed May 02, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: Help me choose a second computer monitor
Replies: 18
Views: 1429

Re: Help me choose a second computer monitor

I’m not sure why a tech website would recommend 1920x1080 resolution for a 30” monitor. That would look very...ummm...crunchy. If you’re only using 1920x1080 resolution, your best bet is to get the same size as you already have. Put them side by side, adjust the brightness to be similar. A 30” monit...
by quantAndHold
Wed May 02, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: Should reliability rankings eliminate Jeep Grand Cherokee?
Replies: 91
Views: 6316

Re: Should reliability rankings eliminate Jeep Grand Cherokee?

The one time I bought a used car that was towards the bottom of the Consumer Reports reliability rankings, I paid for it. Not in money so much, because I also bought an extended warranty. But the thing was constantly in the shop. The second that extended warranty expired, I sold my problem to some p...
by quantAndHold
Wed May 02, 2018 1:10 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3166
Views: 966063

Re: What Book Are You Currently Reading? Part VI

“Old Path White Clouds,” by Thich Nhat Hanh. The story of the Buddha’s life. When I reserved this at the library, I was expecting it to be the typical Thich Nhat Hanh 150 pager. It’s 700 pages. A well researched history of the Buddha’s life, told in Thich Nhat Hanh‘s lovely and simple storytelling s...
by quantAndHold
Wed May 02, 2018 1:04 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3166
Views: 966063

Re: What Book Are You Currently Reading? Part VI

“Cat’s Eye”, by Margaret Atwood.

An artist tells the story of her childhood and teen years in a series of flashbacks, as she’s back in her hometown for the first time in many years, preparing for an art show. Ultimately, the main character is exploring how her art became what it became.
by quantAndHold
Wed May 02, 2018 12:40 am
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 231
Views: 191219

Re: Please Try Out Test Posts Here

Getting a list working ... Go to the shops Buy a new computer Swear at computer when it crashes Go to the shops Buy a new computer Swear at computer when it crashes Go to the shops Buy a new computer Swear at computer when it crashes Finally! Thank you. I wondered how to do that.
by quantAndHold
Tue May 01, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Testimonials on moving with a family
Replies: 29
Views: 2874

Re: Testimonials on moving with a family

Steelersfan wrote:
Tue May 01, 2018 5:15 pm
There's no fun or worthwhile learning from a move.
We never moved just to move, but we learned a lot from the times we did move. Two moves ago, we learned that we didn’t want to live in the place we moved to. The last move, we moved back to where we were from. We’re not doing that again.
by quantAndHold
Tue May 01, 2018 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Vanguard Money Market Account Check wise
Replies: 15
Views: 1654

Re: Question on Vanguard Money Market Account Check wise

Back when I wrote checks for things, I had checks for my money market account. I think I wrote one check. It was to buy a car. I still have the checkbook, but it think it might be for an account that doesn’t exist anymore. Now I just ACH the money from Vanguard to my bank, and use my bank’s bill pay...
by quantAndHold
Tue May 01, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: electric shock hazard [opening a DVD player]
Replies: 11
Views: 1278

Re: electric shock hazard

You will be fine. There are two aspects to the shock hazard: 1 - Touching something inside while its plugged in and energized. 2 - After its turned off and unplugged, the electrolytic filter capacitors in the power supply retain charge for a short time and can shock you. Depending on the design of ...
by quantAndHold
Tue May 01, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Asked to be Executor - What questions to ask
Replies: 39
Views: 3720

Re: Asked to be Executor - What questions to ask

What other issues or questions should be concerned with? They are working with an eldercare attorney to update their will, so it has a higher probability of covering most contingencies than many. At a bare minimum, I would require the following before commiting to serve as executor: a) a copy of th...
by quantAndHold
Tue May 01, 2018 6:36 pm
Forum: Personal Consumer Issues
Topic: Health insurance for a couple living in 10-12 cities in the US
Replies: 14
Views: 1397

Re: Health insurance for a couple living in 10-12 cities in the US

I don’t have an answer to your question. But, what you need is the same thing that a lot of full time RVers need. Asking the same question on one or more of the RV forums might get a well informed answer.

There’s more than one active RV forum, so I’ll leave it to you to google that.
by quantAndHold
Tue May 01, 2018 6:15 pm
Forum: Personal Consumer Issues
Topic: Nontraditional Cruising
Replies: 21
Views: 2529

Re: Nontraditional Cruising

For small ship active cruising I like UnCruise Adventures. snorkeling kayaking hiking, rarely go to ports mostly small islands. https://www.uncruise.com/destinations This. Exactly. We don’t like cruising. We’ve taken UnCruise four times, and we would do it again in a heartbeat. Small ships that go ...
by quantAndHold
Tue May 01, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Bicycle Questions
Replies: 44
Views: 2665

Re: Bicycle Questions

personally, I think this is a great opportunity for you to step back and let your daughter drive the process. we told each of them that we'd pay for a bike at college but they needed to let us know if they wanted one. My oldest decided he wanted one to start his junior year, we gave him a budget, l...
by quantAndHold
Tue May 01, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 9600

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

In 2009, our daughter traveled all through Europe at age 18 -- we survived, as did she. She's done long distance solo motorcycle trips in the US since then. Some things that have helped: A mobile phone -- pretty much ubiquitous now. A tiny PC with WiFi, a videocam, and skype -- pretty much any tabl...
by quantAndHold
Tue May 01, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 9600

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

All of this “checking in” discussion brings up a point. In the big scheme of things, what they’re planning to do is not really more dangerous than a school year at college, or a summer going to a summer job. Modern cars are reliable. There’s wilderness and lack of cell coverage in places, but it isn...
by quantAndHold
Tue May 01, 2018 1:07 am
Forum: Personal Consumer Issues
Topic: Sprinkler system burst, company won't honor guarantee, what to do?
Replies: 21
Views: 3369

Re: Sprinkler system burst, company won't honor guarantee, what to do?

Fixing sprinkler systems is fairly simple stuff. Dig up the broken part. Hacksaw it out. Glue in a new piece of pipe. Heads unscrew, etc. There’s probably a one hour class at Home Depot that will tell you everything you need to know to do it yourself.
by quantAndHold
Tue May 01, 2018 1:02 am
Forum: Personal Consumer Issues
Topic: Advice on cleaning up after a kitchen fire?
Replies: 8
Views: 1034

Re: Advice on cleaning up after a kitchen fire?

Thank you all. There was no smoke detector because previously there were too many alarms from grilling, etc. Not a wise choice :oops: On the other hand because nobody was even aware, nobody has been exposed to fumes, etc. Major decision is whether to go for a complete rebuild, probably around $50k ...
by quantAndHold
Tue May 01, 2018 12:53 am
Forum: Personal Consumer Issues
Topic: foundation for foam mattress
Replies: 9
Views: 728

Re: foundation for foam mattress

https://www.amazon.com/s/ref=sr_nr_p_n_size_browse-bin_0?fst=as%3Aoff&rh=n%3A1055398%2Cn%3A%211063498%2Cn%3A1063306%2Cn%3A1063308%2Cn%3A3733101%2Cn%3A3248804011%2Cp_n_feature_three_browse-bin%3A5392479011%2Cp_n_size_browse-bin%3A368700011&bbn=3248804011&ie=UTF8&qid=1525153747&rnid=368695011 We boug...
by quantAndHold
Tue May 01, 2018 12:37 am
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 9600

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

About daily texts/calls/facebooks/whatever... a) they’re adults b) In some of the places they intend to go, they will likely be out of cell range for more than 24 hours straight more than once. They won’t always know when they’re going to have or not have reception, I t’s not that easy to predict in...
by quantAndHold
Tue May 01, 2018 12:17 am
Forum: Personal Consumer Issues
Topic: Bicycle Questions
Replies: 44
Views: 2665

Re: Bicycle Questions

The bike shop bike can be repaired. The Walmart bike is so poorly made that it can’t be repaired. It’s basically disposable. I would get the cheapest used bike the bike shop can find that fits her, along with a $30-40 lock. The worse the bike looks, the better. Get it tuned up properly by the bike s...
by quantAndHold
Mon Apr 30, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: Las Vegas Restaurants
Replies: 25
Views: 2138

Re: Las Vegas Restaurants

Lotus of Siam. If I’m thinking of the right place, our cab driver couldn’t believe we wanted to be dropped there, but the food was great. I have been told that Lotus of Siam burned down a few years ago and re-built in a much nicer area. I bet that’s the place then. Five or six years ago. It was in ...
by quantAndHold
Mon Apr 30, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Testimonials on moving with a family
Replies: 29
Views: 2874

Re: Testimonials on moving with a family

To get a better job? Yes. To be closer (or further I suppose) to family? Yes. To be in a dream location? I suppose.

Just to move? No. Moving is stressful. Expensive. Did I say stressful? There has to be a payoff of some sort.
by quantAndHold
Mon Apr 30, 2018 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 18972

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

I had this happen once. I bought the car, financed at the dealer, took it home, and he next day the loan person called and asked if I had someone who could co-sign. I just said no. They never bothered me again.
by quantAndHold
Mon Apr 30, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 9600

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

Spare set of keys, in a magnetized box tucked securely under the car on a cross member. This has been mentioned a couple of times. Do would-be thieves not look for these? I have no idea what thieves look for, but when I lost my car key in the ocean (don’t ask. I was much older than 19 at the time),...
by quantAndHold
Mon Apr 30, 2018 3:38 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 9600

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

Just browsing through these comments shows the huge generational gaps between common users of this site and the mentioned 19 year old travelers. I mean, printing out atlas maps? Cmon, they have a phone right? Then they have maps and know how to use them. The US is not so desolate that they won't be...
by quantAndHold
Mon Apr 30, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 9600

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

Flobes and Gr8 have said pretty much the sum total of what needs to be said. If they follow the advice of those two posters, they will be fine. The only other thing I would add is that letting them have small adventures themselves will help them develop life skills. If they have a blowout somewhere ...
by quantAndHold
Mon Apr 30, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Las Vegas Restaurants
Replies: 25
Views: 2138

Re: Las Vegas Restaurants

Lots of good food there. Mesa Grill. Food is excellent and happy hour food specials make it very reasonable. Lotus of Siam. If I’m thinking of the right place, our cab driver couldn’t believe we wanted to be dropped there, but the food was great. Le Thai (Fremont St). Just an ordinary Thai place, bu...
by quantAndHold
Mon Apr 30, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide if I can afford to buy an apartment for parents
Replies: 46
Views: 2435

Re: Help me decide if I can afford to buy an apartment for parents

If the issue is just that it is dirty, wouldn't it be cheaper to pay for a cleaner? I assume the whole building is dirty. The economics around rent controlled apartments are interesting. Basically the financial incentives for the landlord are to do everything within the law to get the tenants to mo...
by quantAndHold
Mon Apr 30, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Nomadic lifestyle in their 50s
Replies: 101
Views: 11420

Re: Nomadic lifestyle in their 50s

My in-laws traveled all over Europe in a caravan. They bought it there, spent a couple of years traveling around Europe, shipped it home, spent a couple of years traveling around mostly in Mexico. Got tired of that, sold it, bought a boat, and spent several years doing that, then sold the boat and b...
by quantAndHold
Mon Apr 30, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide if I can afford to buy an apartment for parents
Replies: 46
Views: 2435

Re: Help me decide if I can afford to buy an apartment for parents

HomerJ wrote:
Mon Apr 30, 2018 12:38 pm
Is moving out of New York City an option?
They can't drive so it limits the location choices.
by quantAndHold
Mon Apr 30, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide if I can afford to buy an apartment for parents
Replies: 46
Views: 2435

Re: Help me decide if I can afford to buy an apartment for parents

I would just move them to a nicer apartment and continue to subsidize the rent. Please read this before doing anything: http://jlcollinsnh.com/2014/02/20/case-study-10-should-josiah-buy-his-parents-a-house/ I agree with this approach as well. Can they afford $1000 a month? I had family rent a very ...
by quantAndHold
Mon Apr 30, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is McClung "slice and dice" worth the complication?
Replies: 42
Views: 3462

Re: Is McClung "slice and dice" worth the complication?

invested 45/50/5, with 30-40% international. That allocation gives you 95% of your returns, no matter how simple or complicated the slicing and dicing is to reach that allocation. The marginal improvement you might get with a heavily researched, sliced and diced portfolio is ...well.... marginal. S...
by quantAndHold
Mon Apr 30, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: Gate latch that opens from both sides?
Replies: 11
Views: 1027

Re: Gate latch that opens from both sides?

It’s a four foot fence. Is someone exceedingly short going to need to open it? Yes, young children. :) Thanks for the links all. Are you sure you want children who are young enough that the can’t reach over a four foot fence to actually have unfettered access to both sides of the gate? Yes. The add...