Search found 461 matches

by lws6772
Fri May 01, 2020 2:05 pm
Forum: Investing - Theory, News & General
Topic: A 40% drop could hit by next year , FACT or FICTION?
Replies: 33
Views: 2822

Re: A 40% drop could hit by next year , FACT or FICTION?

Yes, that's true there could be a 40% drop next year, and the year after that and the year after that, and the year after that.... And it's fiction until it happens and no one I know can tell you when that will be, which is a fact. :D
by lws6772
Sat Apr 25, 2020 5:55 pm
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 114
Views: 6976

Re: Go or no go on Carnival cruise

We have to decide very soon whether to pay the remaining cost for a one-week Mexico cruise in late July. We can bail out now and lose $100 deposit. This trip would not involve flying on an airline. Thoughts? Seriously? I would never go one a cruise before, now? Not if it were free. No doubt, they w...
by lws6772
Sat Mar 28, 2020 11:44 am
Forum: Investing - Theory, News & General
Topic: [NY Times:] I Became a Disciplined Investor Over 40 Years. The Virus Broke Me In 40 Days.
Replies: 56
Views: 9964

Re: I Became a Disciplined Investor Over 40 Years. The Virus Broke Me In 40 Days.

watchnerd wrote:
Fri Mar 27, 2020 10:38 am
We're not even at -50% yet.

The Long Bull has made investors soft.
+ 29,551.42
by lws6772
Thu Mar 19, 2020 9:30 pm
Forum: Investing - Theory, News & General
Topic: Gold [why is it dropping?]
Replies: 72
Views: 3391

Re: Gold [why is it dropping?]

TJSI wrote:
Thu Mar 19, 2020 5:22 am
I think gold has been replaced by toilet paper. People use to buy gold when there was fear running wild. Now they buy toilet paper.
I am trying to think of a good name for a portfolio that has 25% toilet paper. Suggestions?
Lifecycle Wipe? Or does that sound like crap? :twisted:
by lws6772
Thu Aug 29, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Social security now or latet
Replies: 19
Views: 1786

Re: Social security now or latet

With all the uncertainty regarding the solvency and the politics surrounding Social Security I am wondering if I would be better to grab mine at 66 rather than the traditional advice to wait until 70. Thoughts? Concerns? Thanks I am not sure what "uncertainty" that you are referring to. My plan is ...
by lws6772
Thu Mar 14, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: United Economy class and personal item bringing on plane
Replies: 23
Views: 2580

Re: United Economy class and personal carry on

Be careful using the term of "carry on" when you say "personal carry on". The correct term is "Personal Item", not to be confused with "Carry-on bag". Assuming that you really mean personal item and not carry-on bag, the test is if it will fit under the seat in front of you. The overhead bin sizing...
by lws6772
Sat Feb 09, 2019 4:07 pm
Forum: Personal Consumer Issues
Topic: Would you eat lab grown meat?
Replies: 64
Views: 2102

Re: Would you eat lab grown meat?

I would try it. For someone who rarely eats meat, I could see where lab grown meat could easily provide all of my meat allocation.
by lws6772
Sun Jan 13, 2019 3:10 pm
Forum: Personal Consumer Issues
Topic: How do I stop jeans from ripping in the thighs?
Replies: 70
Views: 6819

Re: How do I stop jeans from ripping in the thighs?

Maybe buy tougher jeans. I have had good luck with Wrangler jeans and now you can get them with flex(2% spandex) added. I do everything in Wrangler 4 way flex jeans(loose fit) and have never had a rip. $11 at Walmart on Black Friday, that's what us old timers call "a bargain". :sharebeer
by lws6772
Sun Jan 13, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 78
Views: 4618

Re: Duffel Bag vs Wheeled Stand Up traveling

2018: 100,000 miles, 80 flights, 20 cities. If it doesn't roll - or attach to something that does - it stays home. Exactly. How many of the people who are carrying a bunch of stuff on their shoulders are over 40? Or women? Or fly more than 100k? I suspect very few. How about over 60? No wheels hasn...
by lws6772
Sat Jan 12, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 78
Views: 4618

Re: Duffel Bag vs Wheeled Stand Up traveling

Talking to a guy who commutes to Asia multiple times a month for work. He said something that caught my attention. He said that die hard commuters are starting to trend towards duffel bags and look at traditional carryons as "stone age". Has anyone seen any validity to this? I use an "18 duffel bac...
by lws6772
Mon Jan 07, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: DIY question - leaky faucet - change stem valve or o-rings?
Replies: 20
Views: 1977

Re: DIY question - leaky faucet - change stem valve or o-rings?

I know that back in the day the general rule of thumb was; a leak out of the spout was usually due to stem washer wear, sometimes debris between the washer and stem seat and sometimes on older faucets wear or damage on the brass seat itself. A leak out from around the faucet main body(coming out bel...
by lws6772
Sat Jan 05, 2019 3:52 pm
Forum: Personal Consumer Issues
Topic: Carryon for 7-day FL vacation?
Replies: 63
Views: 3044

Re: Carryon for 7-day FL vacation?

Am I dreaming to think I can get away with a carryon? I once flew to Seattle for 7 days(Feb) with nothing but the clothes on my back and what I could carry in my pockets. A few years ago we went to Rome, Paris and London for 15 days, all I used was half the space in a child's size luggage. I was st...
by lws6772
Fri Dec 28, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: Bathroom Dripping-Potential Leak Question
Replies: 20
Views: 1475

Re: Bathroom Dripping-Potential Leak Question

Sometimes the vent pipe for the exhaust fan/light can accumulate water condensate and cause a drip.
by lws6772
Fri Dec 28, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: Why do people buy- performance cars?
Replies: 67
Views: 2770

Re: Why do people buy- performance cars?

Endorphins.
by lws6772
Fri Dec 14, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Roth Details Question
Replies: 5
Views: 437

Re: Roth Details Question

You are confusing tIRA to Roth conversions with an annual Roth contribution limit. With a Roth conversion, there is no limit except what makes sense in terms of taxable income for you during the year of the conversion (counts as AGI and thus taxable income). In a Roth contribution, the 2018 limit i...
by lws6772
Fri Dec 14, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Roth Details Question
Replies: 5
Views: 437

Roth Details Question

I see many posts about Roth conversions, but I have one main question. If I want to convert say, $45k(or whatever) this year, what exactly is the procedure? Everything I read says my age group can contribute $6500 this year and $7000 next year. What about amounts going over these limits, as in a con...
by lws6772
Mon Nov 19, 2018 5:44 pm
Forum: Personal Investments
Topic: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing
Replies: 24
Views: 3913

Re: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing

danceswithhammer: In my opinion, the decision whether to use a Vanguard Target Retirement vs. a 4-Fund Portfolio is usually very easy: If you have both taxable and retirement accounts, chose individual funds. This allows you to place tax-efficient stock funds into taxable accounts and tax- in effic...
by lws6772
Mon Nov 19, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion amount question
Replies: 10
Views: 996

Re: Roth conversion amount question

Will you put $91k into the Roth, or a lesser amount after withholding taxes? Paying the tax from other funds effectively moves those funds into the Roth account. And you may need to make an estimated tax payment in January. Those under 59.5 will incur the early withdrawal penalty if the full amount...
by lws6772
Sun Nov 18, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion amount question
Replies: 10
Views: 996

Re: Roth conversion amount question

And how close are you to Medicare age? Be aware that pushing your income over a certain threshold 2 years before you begin Medicare could subject you to increased premiums for a year. Look up IRMAA. It may be worth it for you, but you need to be aware of it. Did not know that, thanks for the tip, 6...
by lws6772
Sun Nov 18, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion amount question
Replies: 10
Views: 996

Roth conversion amount question

Is there any monetary limit on a Roth IRA conversion? I would like to convert $91k this year before we move to a state with a state income tax. Thanks for any help.
by lws6772
Sat Nov 10, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: State Income Tax Question on IRA Distributions
Replies: 5
Views: 446

State Income Tax Question on IRA Distributions

If one(61) lives in a state(TX) without a state income tax, do you think(in general) it is better to cash out one's IRA($101K) before moving to a state(AR) that has a state income tax on IRA distributions? Also I would only be cashing out 1/2 of the IRA so it would not put us in the next level tax b...
by lws6772
Sun Oct 21, 2018 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 6097

Re: 8 reasons why pensions are [good]

9. It's another source of income for many folks that would/could never save/invest on their own. Most of my fellow coworkers will have a much better chance of retiring because they will have a pension and ss. I don't know if I will take monthly payments or a lump sum. Don't really have 100% faith in...
by lws6772
Tue Oct 16, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: Does anyone consider institutional risk?
Replies: 37
Views: 2341

Re: Does anyone consider institutional risk?

I remember Pershing having some issues during the financial crisis which my be why Vanguard dumped them right afterward and became their own fiduciary. I think Charles Schwab uses Pershing so I avoid them. Additionally, TD Ameritrade is Canadian so I avoid them. Fidelity is privately owned and last...
by lws6772
Thu Oct 11, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 92
Views: 8111

Re: Anyone here major in Economics in college?

Not an economics major but I suggest she read "Naked Economics" by Charles Wheelan. The writer made the book so interesting it made me wish I had been an economics major . The forward is by Burton G. Malkiel(random walk dude), another favorite and influential book for me.
by lws6772
Sat Sep 29, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 127
Views: 16834

Re: Sears, a 125 year old company is now a penny stock.

The Sears mail order catalog was the Amazon of a hundred years ago. An interesting lesson in how times change. Sad to see them as a penny stock but you're right about diversification and individual stocks. When I was in high school the exhaust system of my car rusted out. Ordered a whole new exhaus...
by lws6772
Sun Sep 23, 2018 2:19 pm
Forum: Personal Investments
Topic: IRA Contribution Question
Replies: 10
Views: 424

Re: IRA Contribution Question

You might check closer. $100k income - $24k standard deduction $76k taxable which is just below the top of the new 12% bracket for married filing jointly If you are contributing to work plans, you might have more space in the 12% bracket than you think. Or your $100k may have been just a somewhat c...
by lws6772
Sun Sep 23, 2018 1:55 pm
Forum: Personal Investments
Topic: IRA Contribution Question
Replies: 10
Views: 424

Re: IRA Contribution Question

Still working and not sure when I will retire. I have 90K in my TIRA and 20K in my Roth. Would like to have it all in the Roth. Our combined income is presently 100K. It seems you are probably in the 22% tax bracket, but if you are making contributions to retirement plan(s) or health care out of yo...
by lws6772
Sun Sep 23, 2018 1:11 pm
Forum: Personal Investments
Topic: IRA Contribution Question
Replies: 10
Views: 424

Re: IRA Contribution Question

If you are still working, it would make sense to just fund a Roth IRA from your income if you are able. If you are not working, a Roth conversion makes sense and you are not limited to converting only $6,500. Tell us what you are trying to achieve and maybe someone will have an idea. Still working ...
by lws6772
Sun Sep 23, 2018 12:17 pm
Forum: Personal Investments
Topic: IRA Contribution Question
Replies: 10
Views: 424

Re: IRA Contribution Question

61 years old. Can I just take money($6500) out of my TIRA and simply use it to contribute to my Roth without any paperwork per se? I realize there would be taxes on the TIRA. Thanks for any comments. I suppose you could do that if you (or spouse) are working and have the right income to allow the c...
by lws6772
Sun Sep 23, 2018 12:06 pm
Forum: Personal Investments
Topic: IRA Contribution Question
Replies: 10
Views: 424

Re: IRA Contribution Question

cheese_breath wrote:
Sun Sep 23, 2018 12:02 pm
If your tIRA and Roth are both with the same custodian, most of them provide online processes for Roth conversions.
Yes, at the same custodian, a brick and mortar.
by lws6772
Sun Sep 23, 2018 11:55 am
Forum: Personal Investments
Topic: IRA Contribution Question
Replies: 10
Views: 424

IRA Contribution Question

61 years old. Can I just take money($6500) out of my TIRA and simply use it to contribute to my Roth without any paperwork per se? I realize there would be taxes on the TIRA. Thanks for any comments.
by lws6772
Thu Sep 13, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: I need a chainsaw to trim branches and limbs!!
Replies: 93
Views: 5226

Re: I need a chainsaw to trim branches and limbs!!

Milwaukee sawzall(aka reciprocating saw) with a tree pruning blade. Been using one for years, way safer than a chainsaw and works great. Mine is corded but I wouldn't mind having a battery powered one when I climb up in the tree(61 year old squirrel).
by lws6772
Sat Jul 28, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Mold in caulk of shower
Replies: 21
Views: 2659

Re: Mold in caulk of shower

I have taken an old toothbrush and used it to work several applications of bleach into the affected areas. This has limited results and I usually only do it when time is a factor and for smaller spots. For bigger areas, caulk removal, cleaning and recaulking seems to be best.
by lws6772
Fri Jul 27, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 162
Views: 16077

Re: Tips for staying active / injury-free into older age

Exercise, diet and a good mental attitude. I refuse to get a "pot belly" or "act my age". 61 and still working a physically demanding job.
by lws6772
Sat Jun 09, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Tipping HVAC installers?
Replies: 22
Views: 8713

Re: Tipping HVAC installers?

Boy this topic brought back some memories. Installer used to be my 2nd job. Spending all afternoon in an attic in July(Texas) definitely broadens your scale of "hot". I remember exiting the attic to get parts and 100 degrees felt cool. Or coming home and finding the money in my wallet so wet you had...
by lws6772
Fri May 11, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 7039

Re: Anyone buy carbon offsets when flying?

If I were that concerned about my carbon footprint, I wouldn't fly at all. I wouldn't drive either - I'd walk to my destination :happy Seriously, though, the plane will fly and use the fuel whether or not you are on board (unless everyone decided to cancel their reservations.) Yup, I already walk t...
by lws6772
Tue May 01, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 89
Views: 12320

Re: If you really like the CR-V, you should check out the [_____]

theplayer11 wrote:
Mon Apr 30, 2018 6:12 pm
I wonder if those that get 4 cyl engines have only driven a 4 cyl. Serious question.
Drove v-8s for 40 years. We both drive 4 bangers now, one of which is a CR-V. Best car my wife ever owned, plus all grandpa has done(so far) is change the oil. Heck of deal. :sharebeer
by lws6772
Sat Apr 28, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Bee in the house - what to do???
Replies: 27
Views: 2395

Re: Bee in the house - what to do???

Be calm and talk the bee out. Try to unarm it but bee careful Sometimes though a bee will just not listen to reason. We once had one that wouldn't leave our house and all I did was open the back door and play his favorite singer outside and he flew out. Apparently they love the singer Sting. Who kn...
by lws6772
Thu Apr 26, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: Slimline AC condenser
Replies: 4
Views: 1146

Re: Slimline AC condenser

Another great website to ask this question is hvac-talk.com. They helped us decide on a system for a small house(20' x 20') we built behind our main house last fall. We ended up going with a Mitsubishi mini split, heat pump system. It has worked great so far, but this will be it's first Texas full s...
by lws6772
Thu Apr 19, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: Do you use Yahoo? New Privacy Terms
Replies: 32
Views: 4577

Re: Do you use Yahoo? New Privacy Terms

Deleted Yahoo 5 years ago after their 2013 breach. :annoyed
by lws6772
Sun Apr 15, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Dealing with poorly assigned hotel rooms?
Replies: 41
Views: 4479

Re: Dealing with poorly assigned hotel rooms?

We always travel with ear plugs, expensive or cheap hotel, it doesn't matter. We were at a expensive hotel on a wedding party night, our room was by the pool/banquet area, very noisy until midnight. We were in Asia and the bars/dance clubs down the street was having a great time until 2am. Always t...
by lws6772
Sat Mar 31, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Tired of gas grills rusting out...
Replies: 120
Views: 18613

Re: Tired of gas grills rusting out...

About 15-20 years ago, my friends made fun of us for spending the money for a Weber grill. They could not understand why we spend that much money on a grill. That grill is still on my porch and working perfectly well. Since then, I wonder how much my friends have spent on grills. :D We have a Char ...
by lws6772
Thu Mar 29, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 356
Views: 37928

Re: Anyone Deleting Facebook?

Never really understood how they generated such enormous wealth. I mean I understand the mechanism, but as a working class guy I just don't "get it". The money always seemed too easy, but that's just me. Saw an interesting quote in our local Sunday paper from the 1970s, a precept about television ba...
by lws6772
Tue Mar 06, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Should I agree to have my driving monitored in exchange for lower rates?
Replies: 65
Views: 6912

Re: Should I agree to have my driving monitored in exchange for lower rates?

Sounds good to me, but I drive like a robot, 44 years of driving and 0 speeding tickets. Also an expert at minimal braking, probably a result of changing my own brakes for the last 44 years. :moneybag
by lws6772
Sat Mar 03, 2018 5:40 pm
Forum: Personal Investments
Topic: Best way to short the equity market
Replies: 135
Views: 11114

Re: Best way to short the equity market

Tycoon wrote:
Sat Mar 03, 2018 5:27 pm
You'll shoot your eye out.
Or maybe even, "you'll short your eye out."
by lws6772
Sun Feb 25, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Dislikes Bonds
Replies: 57
Views: 7905

Re: Warren Buffet Dislikes Bonds

I've always used cd's for my bond allocation, which is probably wrong according to traditional wisdom.
by lws6772
Thu Feb 15, 2018 6:57 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 8358

Re: Work-out schedule for those in 60s

Mon thru Fri - med. to heavy physical labor 8 hrs a day, Sat - watch the grandson and LA Fitness 4 to 5 times a week.
by lws6772
Thu Feb 15, 2018 6:37 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 17564

Re: What big item (>20k) are you saving up for?

Retirement, or at least something other than medium to heavy physical labor, 20 months to go. :sharebeer