Search found 203 matches

by donfairplay
Sun May 24, 2020 9:40 am
Forum: Investing - Theory, News & General
Topic: Businesses that are permanently destroyed due to COVID?
Replies: 34
Views: 2708

Re: Businesses that are permanently destroyed due to COVID?

Department stores that are publicly traded - Macy's soon because of leverage and an 80% drop in sales. Department stores that were private equity LBO buyouts, Neiman Marcus already happened though. There was already a process in place to replace department stores with trampoline parks and gyms, for ...
by donfairplay
Fri May 22, 2020 4:41 am
Forum: Personal Investments
Topic: Assuming we start paying banks to hold our money (in the US)
Replies: 50
Views: 4056

Re: Assuming we start paying banks to hold our money (in the US)

If we get negative rate savings accounts, then we could get negative rate mortgages.

I'd be like Rich Uncle Pennybags (Monopoly) collecting the most houses and hotels like someone who rolls doubles twice while opponents hit the go directly to jail square.
by donfairplay
Sat May 09, 2020 6:56 pm
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5322

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

There was a high-end memory care ($15k monthly) nursing home here in LA that flew in a new admit/patient from NYC in mid-March (March 19) with clear symptoms. See LA Times article: https://www.latimes.com/california/story/2020-05-01/coronavirus-silverado-nurse-death The nurse who did intake on the e...
by donfairplay
Fri May 08, 2020 2:02 pm
Forum: Personal Consumer Issues
Topic: Amazon issues - cannot even cancel Prime really
Replies: 59
Views: 3730

Re: Amazon issues - cannot even cancel Prime really

Two day shipping guarantee is from the date Amazon ships an item, not from the day you order it. I haven't had any issues with Prime so far during Covid, save one item that got lost. In March several items wouldn't ship for a week or more, but that's mostly gone now. If that is true, they can wait ...
by donfairplay
Sun May 03, 2020 7:47 pm
Forum: Investing - Theory, News & General
Topic: When to sell low? Buffett sells entire airline stake
Replies: 63
Views: 9524

Re: When to sell low? Buffett sells entire airline stake

https://www.bloomberg.com/news/articles/2020-05-01/american-air-stock-price-target-falls-to-just-a-buck-at-evercore Evercore ISI made a pretty good case for a $1 price target for American Airlines. Trading at $12 at the time and currently $10'ish (tennish, tennish anyone?) it has a debt load of $34...
by donfairplay
Sun Apr 26, 2020 9:04 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 297
Views: 16726

Re: Very sophisticated banking scam: Krebs on Security

I do have my credit frozen, which I think is a big help, and encourage everybody to do. The “SIM card” hijacks are truly terrifying to me. wrt credit frozen, I'm not sure it would've helped in this case, the fraudsters opened an online-only bank account. A ChexSystems freeze would help in this case...
by donfairplay
Thu Apr 02, 2020 7:03 am
Forum: Personal Consumer Issues
Topic: Replacing Cable TV with Streaming: Critical Analysis
Replies: 86
Views: 5552

Re: Replacing Cable TV with Streaming: Critical Analysis

The only way to get tennis channel and nbc golf channel in a relatively cost friendly package would be Sling blue package ($30) + Sports extra add-on package ($10). If you figure about $75 or $80 monthly for internet, that brings it to about $120 monthly. The internet providers are letting you strea...
by donfairplay
Thu Mar 19, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Back out of RE purchase due to Coronavirus
Replies: 10
Views: 1026

Re: Back out of RE purchase due to Coronavirus

Have a home inspection contingency in your contract/agreement? Use it.
by donfairplay
Thu Mar 19, 2020 6:29 am
Forum: Investing - Theory, News & General
Topic: Maybe the Bare Essentials Economy Isn't to be Feared (a rather ruminative post)
Replies: 9
Views: 863

Re: Maybe the Bare Essentials Economy Isn't to be Feared (a rather ruminative post)

Do you really trust corporate America and the many small businesses of America to be completely honest with this giant pool of money? I don't. And what happens to self-employed/contractors/gig workers? It may be intended for working people, and theoretically if every business did this 100% on the up...
by donfairplay
Wed Mar 18, 2020 5:07 pm
Forum: Personal Consumer Issues
Topic: How much cash to have during coronavirus panic?
Replies: 144
Views: 10777

Re: How much cash to have during coronavirus panic?

My local Chase's in-person cash dispenser broke (overuse :D , kidding but I really hope not ). Quite a long line, and it is my guess that its because the grocery store next to it looked like something out of The Walking Dead. Chase's in-branch ATM worked though.
by donfairplay
Wed Mar 18, 2020 1:19 pm
Forum: Investing - Theory, News & General
Topic: What will happen if Stock markets are closed?
Replies: 6
Views: 641

Re: What will happen if Stock markets are closed?

Price discovery will happen one way or another. If people want to sell, you can’t hold them off forever. It’s funny how they say that we have free markets, but in actuality they’re only free to operate as long as they go up! :oops: Your shares are 1's and 0's on a brokerage's locked-down platform. ...
by donfairplay
Wed Mar 18, 2020 12:17 pm
Forum: Personal Investments
Topic: Vanguard Website Issues using Chrome?
Replies: 12
Views: 406

Re: Vanguard Website Issues using Chrome?

Didn't know the website supported Yubikey. Did you get yours from Yubico.com? I bought it from Amazon, but it's the same one you can buy direct from Yubico. The way Vanguard has implemented Yubikey logins is less than ideal, though. When you're prompted to insert your Yubikey, you (or anybody posin...
by donfairplay
Wed Mar 18, 2020 10:54 am
Forum: Personal Consumer Issues
Topic: Dentist/Dental hygienist? (in times of COVID)
Replies: 25
Views: 1503

Re: Dentist/Dental hygienist? (in times of COVID)

I have a temporary crown and was waiting for a permanent crown to be installed next week. One week into the temporary crown, my dentist said he was closing the office down for 2 weeks. Plus an additional week after it was cancelled because it was a vacation week or a week in which he wasn't taking p...
by donfairplay
Wed Mar 18, 2020 10:22 am
Forum: Personal Investments
Topic: Vanguard Website Issues using Chrome?
Replies: 12
Views: 406

Re: Vanguard Website Issues using Chrome?

Yeah, I can't login. It takes me to the 2-factor auth page but doesn't load. I know it because I received the sms with the code but I can't enter it anywhere. My workaround for now is using Incognito mode for Chrome which works. Disabling Adblock plus didn't seem to work. Maybe I need to restart th...
by donfairplay
Wed Mar 18, 2020 10:11 am
Forum: Personal Investments
Topic: Vanguard Website Issues using Chrome?
Replies: 12
Views: 406

Re: Vanguard Website Issues using Chrome?

My ad blocker (uBlock) is disabled for Vanguard. I assume you're talking about the latest version of Chrome. I'll research that a bit and check on it. (I'm not much of a techie.) Thanks for the response! The vast majority of the time, Chrome updates automatically. You can force an update by pressin...
by donfairplay
Wed Mar 18, 2020 9:46 am
Forum: Personal Investments
Topic: Vanguard Website Issues using Chrome?
Replies: 12
Views: 406

Re: Vanguard Website Issues using Chrome?

Is anyone else having issues with Vanguard's website when using Chrome browser? I can't log in from certain pages and various links within the site don't work at all. All is normal on Firefox. Maybe it's just me. rehoman I had a problem yesterday when using the adblockplus extension with Chrome whe...
by donfairplay
Tue Mar 17, 2020 9:07 am
Forum: Investing - Theory, News & General
Topic: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20
Replies: 396
Views: 20326

Re: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20

Fed reopens crisis era Commercial Paper Funding Facility.

For anyone who didn't think there's a credit problem, here's your wake-up call.
by donfairplay
Mon Mar 16, 2020 6:34 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 55522

Re: How to get Toilet Paper ? seriously.

Get to the store, not Costco, about 30 minutes or so before they open and they will have toilet paper. They do stock daily. Going to some non traditional places like Staples or Whole Foods should also work out for you, but again, show up at least 30 minutes before they open. I lined up at Ralph's (...
by donfairplay
Mon Mar 16, 2020 6:29 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 55522

Re: How to get Toilet Paper ? seriously.

Get to the store, not Costco, about 30 minutes or so before they open and they will have toilet paper. They do stock daily. Going to some non traditional places like Staples or Whole Foods should also work out for you, but again, show up at least 30 minutes before they open. I lined up at Ralph's (...
by donfairplay
Mon Mar 16, 2020 6:24 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 55522

Re: How to get Toilet Paper ? seriously.

Apparently our local Costco restocks every night. I heard from an employee that the trick is to line up a bit before they open and then (their words) run to get it in time. Ridiculous, but I'm considering grabbing a pack that way since we're starting to run low. Here's the problem, in So Cal people...
by donfairplay
Mon Mar 16, 2020 4:07 pm
Forum: Investing - Theory, News & General
Topic: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20
Replies: 396
Views: 20326

Re: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20

The world’s economy has been built off cheap money. Some minor bump in the road like Wuhan virus requires near-zero interest rates again? I'm not sure shutting down schools, restaurants, bars, public gatherings over 50 people, in several major states, plus supply chain disruptions and several month...
by donfairplay
Sun Mar 15, 2020 7:41 pm
Forum: Investing - Theory, News & General
Topic: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20
Replies: 396
Views: 20326

Re: Fed Slashes Rates to Fight Coronavirus Slowdown WSJ 3/15/20

infinitejustice wrote:
Sun Mar 15, 2020 7:22 pm
That's not the scary part.

Axios is reporting that banks no longer have a reserve requirement.

They can now borrow at 0% and lend infinite amounts of money.
The Federal Reserve. Now with 100% less reserve!
by donfairplay
Thu Mar 12, 2020 12:40 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296721

Re: Coronavirus and the market

You've quoted that post at least 4 or 5 times on different threads at different times on this forum. That's demonstrably false. Outside this thread, where I posted it once, I might have posted it in one other thread one time. I was unaware of its existence until about a week ago. But you don't quot...
by donfairplay
Wed Mar 11, 2020 11:51 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296721

Re: Coronavirus and the market

If you can't handle a market downturn, turn in your Boglehead card. You can submit it to Taylor and then slink off into the night. I'm guessing that you haven't read this thread that Taylor wrote about the concept of the maximum tolerable loss. Adrian's Forumula can be a big help. It tells us that ...
by donfairplay
Wed Mar 11, 2020 9:40 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296721

Re: Coronavirus and the market

If you can't handle a market downturn, turn in your Boglehead card. You can submit it to Taylor and then slink off into the night. I'm guessing that you haven't read this thread that Taylor wrote about the concept of the maximum tolerable loss. Adrian's Forumula can be a big help. It tells us that ...
by donfairplay
Mon Mar 09, 2020 7:44 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks in a Extremely low interest rate environment
Replies: 22
Views: 3505

Re: Dividend stocks in a Extremely low interest rate environment

Exxon is about to be down about 40%, before dividends, from Sep 12,2019. Perhaps, but financially strong companies don’t go bankrupt because there is a dislocation in securities markets. They go bankrupt because they are financially weak. There will be ALOT more companies lining up at the bankruptc...
by donfairplay
Mon Mar 09, 2020 3:07 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks in a Extremely low interest rate environment
Replies: 22
Views: 3505

Re: Dividend stocks in a Extremely low interest rate environment

Exxon is about to be down about 40%, before dividends, from Sep 12,2019. Perhaps, but financially strong companies don’t go bankrupt because there is a dislocation in securities markets. They go bankrupt because they are financially weak. There will be ALOT more companies lining up at the bankruptc...
by donfairplay
Mon Mar 09, 2020 4:29 am
Forum: Investing - Theory, News & General
Topic: Dividend stocks in a Extremely low interest rate environment
Replies: 22
Views: 3505

Re: Dividend stocks in a Extremely low interest rate environment

Exxon is about to be down about 40%, before dividends, from Sep 12,2019.
by donfairplay
Sun Feb 23, 2020 1:19 am
Forum: Personal Finance (Not Investing)
Topic: WSJ: Intuit Near Deal to Buy Credit Karma for $7 Billion
Replies: 7
Views: 1405

WSJ: Intuit Near Deal to Buy Credit Karma for $7 Billion

https://www.wsj.com/articles/intuit-near-deal-to-buy-credit-karma-for-7-billion-11582433880 Many bogleheads use Turbotax and a select few use Credit Karma's free tax filing, therefore this thread is actionable and affects the monetary futures (all $50 of it) of those bogleheads. :D Intuit's probabl...
by donfairplay
Thu Feb 06, 2020 6:18 am
Forum: Investing - Theory, News & General
Topic: ESG outperforming - will you add any ESG funds to your portfolio?
Replies: 63
Views: 3839

Re: ESG outperforming - will you add any ESG funds to your portfolio?

Get woke, go broke.

(on-topic meme because this is about money)
by donfairplay
Sun Feb 02, 2020 4:30 pm
Forum: Personal Consumer Issues
Topic: Switching from AT&T to Mint Mobile, any drawbacks?
Replies: 42
Views: 4175

Re: Switching from AT&T to Mint Mobile, any drawbacks?

I almost made the switch 6 months ago. Even got a tester sim and it all worked perfectly, we currently have tmobile. I ultimately did not because of security. With the new port scams you have that least consider it, I think. When I looked into it, the pin to port your phone number was the last 4 of...
by donfairplay
Thu Jan 09, 2020 12:22 pm
Forum: Personal Consumer Issues
Topic: Vanguard Security Key
Replies: 53
Views: 5313

Re: Vanguard Security Key

So help me understand this — you can get a physical security key for 2FA, but if you do not have your key you can use the known insecure SMS 2FA? And there is no way to disable the insecure SMS portion? Correct. What Vanguard (V) could improve upon is to offer more user control over the 2FA backup ...
by donfairplay
Thu Jan 09, 2020 8:38 am
Forum: Personal Consumer Issues
Topic: Vanguard Security Key
Replies: 53
Views: 5313

Re: Vanguard Security Key

So help me understand this — you can get a physical security key for 2FA, but if you do not have your key you can use the known insecure SMS 2FA? And there is no way to disable the insecure SMS portion? Correct. What Vanguard (V) could improve upon is to offer more user control over the 2FA backup ...
by donfairplay
Tue Jan 07, 2020 4:59 am
Forum: Investing - Theory, News & General
Topic: Does Windows 7 void your Vanguard fraud reimbursement?
Replies: 69
Views: 5035

Re: Does Windows 7 void your Vanguard fraud reimbursement?

The policy is written like, and therefore I presume would qualify as a warranty as defined by federal law. As such, to deny coverage, they would generally need to show it was the user who caused the failure. It seems clear to me that the warranty says that you get reimbursed if you are using up-to-...
by donfairplay
Thu Dec 19, 2019 2:55 am
Forum: Investing - Theory, News & General
Topic: I made a big mistake and I learned my lesson
Replies: 59
Views: 8821

Re: I made a big mistake and I learned my lesson

bg5, if that's your biggest investing mistake, then count yourself lucky. I speak from the pain of experience and stubborn lessons learned.
by donfairplay
Wed Dec 18, 2019 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is any one uncomfortable with their wealth?
Replies: 152
Views: 12124

Re: Is any one uncomfortable with their wealth?

OP's username of "More Please" this time does not check out.
by donfairplay
Fri Nov 22, 2019 1:27 pm
Forum: Personal Consumer Issues
Topic: How Does Credit Karma Know Both of Our Cars?
Replies: 11
Views: 1552

Re: How Does Credit Karma Know Both of Our Cars?

What state are you in? TechCrunch says Credit Karma auto launched in 2017 and links up with DMV records. I'm in California and Credit Karma doesn't have this info. I get this instead: What’s on your motor vehicle records? See the driver & vehicle information linked to your profile, so you can manage...
by donfairplay
Sun Nov 03, 2019 2:42 am
Forum: Personal Consumer Issues
Topic: [Cellphone SIM card hijacking - Security concerns and mitigation techniques]
Replies: 252
Views: 33965

Re: You get hacked, lost a lot of money. What can you do?

Why is it the bank's responsibility to protect you from a simjack? It's not the bank's/brokerage's fault if you log in on a Windows XP system that hasn't had security updates for years, likewise its not the bank's fault if your cell carrier coughs up your account to a fraudster. Anyone can call you...
by donfairplay
Sun Nov 03, 2019 2:22 am
Forum: Personal Consumer Issues
Topic: [Cellphone SIM card hijacking - Security concerns and mitigation techniques]
Replies: 252
Views: 33965

Re: You get hacked, lost a lot of money. What can you do?

Why is it the bank's responsibility to protect you from a simjack? It's not the bank's/brokerage's fault if you log in on a Windows XP system that hasn't had security updates for years, likewise its not the bank's fault if your cell carrier coughs up your account to a fraudster. If this is a gmail a...
by donfairplay
Tue Sep 10, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: Explaining the Demise of Value Investing
Replies: 318
Views: 19793

Re: Explaining the Demise of Value Investing

The following statement is not indicative of a 'this time it's different' view of the stock market, nor an endorsement of current valuations, but here goes: Facebook monetized half of the world in 15 years flat; put that in your Benjamin Graham timeless intrinsic value investing model pipe and smok...
by donfairplay
Fri Sep 06, 2019 4:18 am
Forum: Personal Consumer Issues
Topic: eBay Seller Retaliatory Feedback
Replies: 28
Views: 2289

Re: eBay Seller Retaliatory Feedback

You filed an item not received case with ebay/paypal and got a refund? Did you ship the item back with online shipping tracking within the return period? There's not much you can do, after a certain amount of transactions or time on the platform you're going to run into a poor seller or buyer eventu...
by donfairplay
Tue Sep 03, 2019 11:36 am
Forum: Personal Investments
Topic: Has the bond bubble finally arrived? If so, is anyone doing anything about it?
Replies: 97
Views: 12063

Re: Has the bond bubble finally arrived? If so, is anyone doing anything about it?

Why are you getting rid of long-duration and intermediate-duration when yields are dropping, or going negative, or going more negative than before? Long-duration treasuries are worth more by the day in a falling yield environment. Witness Vanguard Long-term Treasury (VUSTX) vs. Vanguard Short-Term T...
by donfairplay
Sat Aug 31, 2019 4:53 am
Forum: Personal Consumer Issues
Topic: What, besides dishes, do you run through your dishwasher?
Replies: 85
Views: 6824

Re: What, besides dishes, do you run through your dishwasher?

The bowling ball mentioned is brilliant. The engine block mentioned seems a bit risky, but I'm curious. I've run new'ish 3 or 4 year-old T-Fal non-stick pans and non-stick jumbo cookers in the dishwasher with the sanitizing rinse and heated dry activated, except for light washings that can be washed...
by donfairplay
Sun Aug 11, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 11697

Re: Healthy fast food

2. Be deliberate when you eat: If you do not eat for 12 to 16 hours your body will process the food you eat very differently. If you have your last meal at 7PM and wake up, have some coffee, water, and hit the road, when you eat at 12PM your body will metabolize the food differently. Ha? I would co...
by donfairplay
Wed Aug 07, 2019 11:05 pm
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 244
Views: 272227

Re: [Why did my fund suddenly drop in value?]

edited - the post I quoted was from a different long ago day.
by donfairplay
Wed Aug 07, 2019 10:32 pm
Forum: Investing - Theory, News & General
Topic: WSJ - Morningstar and other debt ratings agencies accused of ratings shopping (again)
Replies: 0
Views: 467

WSJ - Morningstar and other debt ratings agencies accused of ratings shopping (again)

https://www.wsj.com/articles/inflated-bond-ratings-helped-spur-the-financial-crisis-theyre-back-11565194951 This worked out well last time, didn't it? The article goes into depth about the investment banks shopping their ratings on structured debt, CMBS (commercial mortgage backed securities), and ...
by donfairplay
Tue Aug 06, 2019 3:26 am
Forum: Personal Consumer Issues
Topic: Uber Without Smartphone
Replies: 103
Views: 8468

Re: Uber Without Smartphone

This advice is 7 days late and a dollar short because cheese_breath already bought an iphone 8... (this is more for people who might see this thread for their parents, and I didn't know about this until recently) But if you want to call/hail/summon an uber for someone else in your family, set up a f...
by donfairplay
Mon Jul 29, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One data breach
Replies: 56
Views: 5604

Re: Capital One data breach

Capital One was using Amazon's AWS, the biggest cloud provider in technology, and the hacker worked for AWS, not Capital One. The Washington Post didn't mention that in the article (the newspaper is owned by Amazon's founder). https://www.wsj.com/articles/capital-one-reports-data-breach-11564443355...
by donfairplay
Mon Jul 29, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One data breach
Replies: 56
Views: 5604

Re: Capital One data breach

As a huge user of CapitalOne credit cards and a user of their savings products, I am definitely concerned. I know it won't do anything, but I will use Chase products more and CapitalOne products less because of this breach. Hope companies invest more in technology to protect their users better. And...
by donfairplay
Fri Jul 05, 2019 1:24 pm
Forum: Personal Consumer Issues
Topic: buying a 60 or 65 inch tv this weekend. which one?
Replies: 74
Views: 4304

Re: buying a 60 or 65 inch tv this weekend. which one?

If you're buying an OLED, you should consider buying at Best Buy and purchasing the extended warranty/Geek Squad Protection due to the burn-in issues prevalent on OLEDs. Squaretrade (Costco, etc.) doesn't cover burn-in issues.