Search found 86 matches

by epoxyresin
Mon Apr 08, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8331

Re: The "dividend preference anomaly"

I'm neutral on the whole dividend debate but one question that always stumps me from the “Dividends don't lie” crowd: “What is the value of a company that never returns capital to their shareholder?” Maybe the bias against dividends is mental accounting to justify speculation. I don't really believ...
by epoxyresin
Mon Apr 08, 2019 3:59 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8331

Re: The "dividend preference anomaly"

My statement is still I think largely correct. You can pretty accurately think of a company's market capitalization as "what should someone be willing to buy this company for", +/- some percent. Random point of interest: The premium IBM bid for Red Hat? 63%. Hardly small. Perhaps an outlier, but "l...
by epoxyresin
Mon Apr 08, 2019 3:53 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8331

Re: The "dividend preference anomaly"

I'm neutral on the whole dividend debate but one question that always stumps me from the “Dividends don't lie” crowd: “What is the value of a company that never returns capital to their shareholder?” Maybe the bias against dividends is mental accounting to justify speculation. I don't really believ...
by epoxyresin
Mon Apr 08, 2019 3:38 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8331

Re: The "dividend preference anomaly"

I'm neutral on the whole dividend debate but one question that always stumps me from the “Dividends don't lie” crowd: “What is the value of a company that never returns capital to their shareholder?” Maybe the bias against dividends is mental accounting to justify speculation. I don't really believ...
by epoxyresin
Mon Apr 08, 2019 2:56 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8331

Re: The "dividend preference anomaly"

We're missing the point here. Certain companies should pay dividends, others should not. Problem is when a company that should pay dividends does not, like Enron in 1990s. Early Microsoft didn't need to pay a dividend as it was better to plow revenue into more growth. Mature Microsoft, with far few...
by epoxyresin
Thu Mar 28, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8464

Re: Tattoos and Bogleheads

I think in upper to upper-middle class neighborhoods it's still considered some sort of signal of either "low" birth or reckless youth. I live around lots of under 40 doctors and lawyers and literally zero have visible tattoos. I don't think a visible tattoo would be unacceptable, quite the contrar...
by epoxyresin
Thu Mar 28, 2019 11:50 am
Forum: Personal Consumer Issues
Topic: Why are used cars now so expensive?
Replies: 63
Views: 5168

Re: Why are used cars now so expensive?

I did not really check data on anything I said. I intended to present just possible reasons. It's possible that MSRP has not actually been increasing. With that being said, what really matters would be MSRP relative to wages over time, but again, I don't actually know what this relationship has bee...
by epoxyresin
Thu Mar 28, 2019 11:44 am
Forum: Personal Consumer Issues
Topic: Why are used cars now so expensive?
Replies: 63
Views: 5168

Re: Why are used cars now so expensive?

MSRP really hasn't gone up in some cases the "real" price of cars has gone down because of inflation. Dealers in your area may be stocking more expensive cars though. In our area most dealers are stocking Limited edition cars vs base models because luxury features are high profit. Ford is focusing ...
by epoxyresin
Thu Mar 28, 2019 11:28 am
Forum: Personal Consumer Issues
Topic: Why are used cars now so expensive?
Replies: 63
Views: 5168

Re: Why are used cars now so expensive?

MSRP really hasn't gone up in some cases the "real" price of cars has gone down because of inflation. Dealers in your area may be stocking more expensive cars though. In our area most dealers are stocking Limited edition cars vs base models because luxury features are high profit. Ford is focusing ...
by epoxyresin
Thu Feb 21, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Emissions test and register Car out of state
Replies: 8
Views: 334

Re: Emissions test and register Car out of state

Wisconsin also has an exemption form that you can fill out if your vehicle is not in the area.

http://www.wisconsinvip.org/wivippublic ... mv2472.pdf
by epoxyresin
Tue Feb 19, 2019 7:14 pm
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 8760

Re: How many bogleheads do you know in real life?

Most of my contemporaries and friends are Bogleheads (though some would not call themselves that) - they live below their means and invest in low cost index funds only. To me, that is 80% of what being a Boglehead is. It is generational though. My contemporaries are older Millenials (aged 28-35), s...
by epoxyresin
Tue Feb 19, 2019 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need a will/trust/etc?
Replies: 58
Views: 3471

Re: Do we need a will/trust/etc?

Interesting how you are so sure... are you omniscient? By definition, people who die unexpectedly were not generally anticipating their imminent death. Car accidents, strokes, etc. do happen (my BIL died of a massive stroke while kayaking a couple of years ago -- fit, late '40s, non smoker, needles...
by epoxyresin
Wed Feb 13, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can I file jointly with my girlfriend
Replies: 32
Views: 4078

Re: Can I file jointly with my girlfriend

OP would experience a marriage penalty if he/she married his/her girlfriend. They would lose the HOH status and $6000 of standard deduction. It is very likely (though not guaranteed) that the difference in their incomes is great enough that it will more than make up for the smaller combined standar...
by epoxyresin
Wed Feb 13, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Employer Arbitration vs. Court
Replies: 14
Views: 1233

Re: Employer Arbitration vs. Court

Continued employment is often,but not always, considered to be acceptable consideration for a new contract that an employer would like an employee to sign. The case law around this is usually for non-competes rather than arbitration agreements, so you're mileage may vary. You could talk to an employ...
by epoxyresin
Wed Feb 13, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Can I file jointly with my girlfriend
Replies: 32
Views: 4078

Re: Can I file jointly with my girlfriend

Yes, if you get married within the tax year. Great tax shelter. How so? Usually marriage is a net increase in tax burden due to the marriage penalty. The marriage penalty has always only applied to a relatively small proportion of the population, and with the new tax laws applies to an even smaller...
by epoxyresin
Tue Feb 12, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Insuring a car that you don’t drive
Replies: 24
Views: 2145

Re: Insuring a car that you don’t drive

Isn't that really easy? Am I missing something? You take out car insurance with the limits and deductible that you feel comfortable with, but you tell the insurance company that your parents are the primary drivers, and you'd use their address for where the car is. And then you'd pay the premiums, t...
by epoxyresin
Tue Feb 12, 2019 2:07 pm
Forum: Personal Consumer Issues
Topic: 3 year old tires installed (Sam's club). Should I do anything about this?
Replies: 104
Views: 8259

Re: 3 year old tires installed (Sam's club). Should I do anything about this?

greg24 wrote:
Tue Feb 12, 2019 11:21 am
You should get on twitter and tweet all this information at the corporate Walmart account.

I doubt they want the world seeing they sell 3 year old tires and refuse to replace them.
I think you overestimate how much most people care about the age of their tires.
by epoxyresin
Fri Feb 08, 2019 8:47 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 954
Views: 137278

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I'm not the authority, but my experience with Hondas is similar to yours in many respects. I traded a 2002 CRV with about 200K on the 2017 CRV and it was still in excellent running condition. I also planned on driving this one for 15 years. Here's what I'm doing now. I check my oil level almost dai...
by epoxyresin
Thu Feb 07, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help - DW Laid Off and Company wants her back now
Replies: 107
Views: 10943

Re: Need Help - DW Laid Off and Company wants her back now

I think some people are a bit overestimating how strong her position actually is. They said that they were going to give 4 months severance, but it doesn't sound like she was ever actually removed as an employee, so I think it's unlikely that if she did decide to leave now she would actually get tha...
by epoxyresin
Mon Feb 04, 2019 7:41 pm
Forum: Personal Consumer Issues
Topic: Mr. Money Mustache donates $100k to charity, writes about effective altruism
Replies: 112
Views: 17888

Re: Mr. Money Mustache donates $100k to charity, writes about effective altruism

I find some of the responses here staggering. The lord knows I do not relinquish control of my money easily, but it amazes me when people denigrate people who do. I'm never going to look down on someone who gives, whether altruistically or because they expect some social credit for doing so, and I t...
by epoxyresin
Fri Jan 25, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 177
Views: 16027

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

I called my family member when I saw this thread to ask what lessons could be learned from this tragedy. The problems were (1) no one knew exactly what the will said or where it was; (2) no one knew where the aunt kept her investments or what bank she used, which impeded doing research; (3) the onl...
by epoxyresin
Tue Jan 22, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: What is a Boglehead funeral/burial?
Replies: 153
Views: 8293

Re: What is a Boglehead funeral/burial?

It sure seems like the underlying theme in almost all of the posts so far is "Boglehead Funeral = Cheap". I beg to differ. I would say the Boglehead, having invested wisely and amassed a large nest egg, can have whatever funeral he or she wants, without regard to cost. Yeah, and you can't take it w...
by epoxyresin
Fri Jan 18, 2019 2:13 pm
Forum: Personal Consumer Issues
Topic: NJ EZ-Pass Why a monthly service fee?
Replies: 56
Views: 2752

Re: NJ EZ-Pass Why a monthly service fee?

Because everything in NJ is more expensive..... Not as expensive as elsewhere.... Illinois charges $1/month per transponder. At least NJ only charges $1/month per account, and you can have multiple transponders on an account. Maryland charges $1.50/month per account, if the account has a non-MD add...
by epoxyresin
Tue Jan 15, 2019 11:54 am
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7589

Re: Engagement Ring (Affordable)

The money spent on these pieces of carbon are pointless and a financial waste. You can now get man made synthetic diamonds that are so close to the same quality as regular diamonds, jewelers cannot tell the difference. Take the rest and save for your kids child education or emergency savings. But s...
by epoxyresin
Wed Jan 09, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7589

Re: Engagement Ring (Affordable)

The money spent on these pieces of carbon are pointless and a financial waste. You can now get man made synthetic diamonds that are so close to the same quality as regular diamonds, jewelers cannot tell the difference. Take the rest and save for your kids child education or emergency savings. But s...
by epoxyresin
Wed Jan 09, 2019 12:00 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7589

Re: Engagement Ring (Affordable)

Edit: duplicating my posts
by epoxyresin
Wed Jan 09, 2019 12:00 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7589

Re: Engagement Ring (Affordable)

Edit: duplicating my posts
by epoxyresin
Tue Jan 08, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 13002

Re: Recommendations for a 9mm handgun

If you've never shot anything before, start with a long gun. Guns are considerably louder, and have more recoil, then the movies would have you believe. Long guns are significantly easier to control than a handgun: you'll be more likely to hit what you're trying to. Once you're comfortable with that...
by epoxyresin
Wed Dec 19, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2446

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

So, everything is fine except a headlight is broken and the check engine light is on? And people are saying that's "totaled"? Get the headlight fixed. Won't be expensive. Take it to AutoZone and they'll tell you why the check engine light is on. Then you just make a mental note of the reason. Then ...
by epoxyresin
Wed Dec 12, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Received IRS letter - be proactive or sit back?
Replies: 25
Views: 3072

Re: Received IRS letter - be proactive or sit back?

This is a helpful post from an IRS employee about what happens when these notices get sent out The IRS says very explicitly they don't want you to contact them if you are eligible to claim the kids as dependents. What's the point of contacting them right now? If neither of you modifies your returns,...
by epoxyresin
Tue Dec 04, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Wife being sued after wreck
Replies: 21
Views: 4619

Re: Wife being sued after wreck

Frankly, it kind of seemed like a racket, my lawyer, the plaintiff's lawyer and the retired judge who was our arbitrator all knew each other well and were chit-chatting during the breaks. You would have preferred having the case go to (a publicly available) trial, and possibly be picked up by a rep...
by epoxyresin
Tue Dec 04, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Wife being sued after wreck
Replies: 21
Views: 4619

Re: Wife being sued after wreck

I was sued after a wreck a few years ago. It took an annoying amount of time to finally be resolved (they were trying to settle with my insurance company for almost 2 years, and only sued when the statute of limitations was almost up). I had Geico, they assigned a lawyer who was in contact with me a...
by epoxyresin
Mon Dec 03, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 176
Views: 7308

Re: Gift tax question

My in-laws have decided to gift 60k before January 1st and 60k after (just because they don't really want to fill out any gift tax forms, and this seems to be perfectly legal, correct?) I’m a Cpa. And if you were my client, we would still do a gift tax return. Even though you’re not using any lifet...
by epoxyresin
Mon Dec 03, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 176
Views: 7308

Re: Gift tax question

My in-laws have decided to gift 60k before January 1st and 60k after (just because they don't really want to fill out any gift tax forms, and this seems to be perfectly legal, correct?) I’m a Cpa. And if you were my client, we would still do a gift tax return. Even though you’re not using any lifet...
by epoxyresin
Thu Nov 29, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax question
Replies: 176
Views: 7308

Re: Gift tax question

Yes, it is considered evasion even if no tax is due. Every time I give my girlfriend a credit card to go shopping I'm not filling out a form. :annoyed You should be annoyed; at yourself for being so ridiculous. Do you file a tax return every pay check??? You fill out a Form 709 once per year at tax...
by epoxyresin
Fri Oct 12, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Can a US citizen be a resident of NO state?
Replies: 61
Views: 19144

Re: Can a US citizen be a resident of NO state?

Not true. U.S. citizens who reside in Puerto Rico and Guam and the U.S. Virgin Islands and the Northern Mariana Islands are U.S. citizens who are not residents of at least one state. Yes - and folks born there are U.S. citizens as well. I would also add American Samoa to this list. Folks born in Am...
by epoxyresin
Mon Oct 08, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 11601

Re: Alan Roth doesn't like single premium annuities

When I was shopping for SPIAs recently (for one of my parents), the only company I could find that sells SPIAs with inflation riders was Principal. Is anyone in this forum aware of others? I think it's easier to find ones with a fixed percentage annual increase (like 2%). Fidelity offers them. I ca...
by epoxyresin
Wed Oct 03, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: With random sources of income, how do you know what you have to pay taxes on?
Replies: 12
Views: 862

Re: With random sources of income, how do you know what you have to pay taxes on?

trueblueky wrote:
Wed Oct 03, 2018 3:10 pm
StraightEdge wrote:
Wed Oct 03, 2018 2:13 pm

2.) Kroger, Walmart, etc. surveys on their receipts that says you can enter a contest to win like $3,000 cash/check or gift cards.
They should send you a 1099. You are required to report it even if they don't.

Isn't that like a lottery/sweepstakes? Which is form W-2G?
by epoxyresin
Wed Sep 26, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: Is high inflation a good thing while working?
Replies: 40
Views: 2793

Re: Is high inflation a good thing while working?

I think you explained to me that The Wizard of Oz is actually a satire of same? WJB is the Wizard of Oz? If you subscribe to the theory , Bryan is the cowardly lion (opposed the Spanish-American War). The wizard is the politicians in power (promise much and deliver little, hard to know their true i...
by epoxyresin
Wed Sep 26, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: Is high inflation a good thing while working?
Replies: 40
Views: 2793

Re: Is high inflation a good thing while working?

Inflation is a less bad thing if you have inflation-adjusted income. I'm not sure if it's a good thing. The Fed aims for steady predictable inflation of ~2%. That is generally thought to be a good thing. Is it that moderate inflation is thought to be good in itself, or that it is a reflection of a ...
by epoxyresin
Wed Sep 19, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Single Family Homes in Chicago?
Replies: 33
Views: 3647

Re: Single Family Homes in Chicago?

:happy I'm of the mind that having reasonable commutes is worth a lot... Does such a thing exist in Chicago if you have to get downtown from the suburbs? :shock: Getting to downtown from the suburbs is a lot easier than getting to other parts of the city, where you'd likely need to get downtown fir...
by epoxyresin
Fri Sep 14, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 12449

Re: Age in Bonds - Still Recommended?

Like many things that Bogleheads love to argue about, your exact amount of bonds won't prevent you from achieving your goals as long as you have an adequate savings rate and don't panic sell during a recession. "Age in bonds" is a rule of thumb that will work fine for most people. "Age in bonds minu...
by epoxyresin
Fri Sep 14, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 65
Views: 7847

Re: Job burnout - Keep grinding or change?

Now's probably the best the job environment will ever get (with some caveats that we don't know your field or where you live, etc.), so if you do want to switch it's probably a fine time to do it. It's hard to give concrete advice without more information. How much do you have saved/what's your savi...
by epoxyresin
Fri Sep 14, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 140
Views: 11459

Re: Can I buy a Tesla?

Congratulations. I hope your new car serves you well. What's the phrase that gets trotted out? "You can have anything that you want, but you can't have everything that you want". Lots of people, even those making much less than you, can afford to buy a Tesla. The question is what are they (and you) ...
by epoxyresin
Fri Sep 14, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Any issue with overpaying taxes?
Replies: 23
Views: 1746

Re: Any issue with overpaying taxes?

I've done it when I sold some old stocks that I'd been given as a gift a long time ago and didn't have good records for. I didn't figure there was any negatives (other than slightly higher taxes), but if anyone has any I'd like to hear them. Hasn't hurt me yet, but I guess anecdotes are not data.
by epoxyresin
Fri Sep 14, 2018 4:22 pm
Forum: Personal Consumer Issues
Topic: [Wearing] Shorts in Egypt
Replies: 71
Views: 5754

Re: Shorts in Egypt

I've googled this and found a variety of opinions ranging from "yes; shorts are okay for tourists doing touristy things" to "no; shorts will make all the locals stare at you and think you're a clown". Those aren't really mutually exclusive statements. They could both be true, especially in milder f...
by epoxyresin
Fri Sep 14, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: Selling Internet domain name based on family last name.
Replies: 36
Views: 3785

Re: Selling Internet domain name based on family last name.

OP back: So, I spent the last week going back and forth with the representative from GoDaddy. I put out an initial ask in the low $4000's, with the intention to have to come down a bit. We settled a little lower than that. After the 20% commissions, I will net in the low $3000's. Now, I just have t...
by epoxyresin
Fri Sep 14, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Single Family Homes in Chicago?
Replies: 33
Views: 3647

Re: Single Family Homes in Chicago?

Old Irving is very family friendly and tends to have larger properties with good yards, but is not very walkable. Will your work be downtown? In the burbs? Old Irving is convenient to the freeway and the blue line. Blue line on the O'Hare branch gets exceptionally busy at rush hour (as in, might ha...
by epoxyresin
Thu Sep 06, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9997

Re: How to "waste" money on groceries?

We make sure our beef is grass-fed. I can taste the difference - even for burgers. (whenever we have a cookout everyone asks how the burgers taste so good thinking I am adding something - the secret is grass-fed). I have quite the opposite experience. Grass fed beef tends to be leaner, drier and ch...
by epoxyresin
Wed Sep 05, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help
Replies: 87
Views: 13383

Re: Ford Fusion under Safety Recall for 2 Years - Ford Can't Fix - help

Just remove the airbag? Safer to drive that way.. Is it really? I know airbags are kind of marginal on the cost-benefit analysis anyways, but the number of people actually killed by the defective ones is tiny, especially when compared to how many were defective. I haven't done the math, but I bet i...