Search found 948 matches

by daveydoo
Fri Dec 15, 2017 3:36 am
Forum: Personal Finance (Not Investing)
Topic: Teaching elementary school kids about money
Replies: 32
Views: 1893

Re: Teaching elementary school kids about money

PhysicianOnFIRE wrote:
Thu Dec 14, 2017 1:30 pm
...they get 1% interest every month...
Can I send you my kids' money? :D
by daveydoo
Fri Dec 15, 2017 2:57 am
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 30
Views: 2469

Re: New Honda CRV is MotorTrend's SUV of the year

I don't know how objective those MT ratings are. I can't argue with their Car of the Year -- I've been coveting the Giulia (Quadrifoglio, in particular). But this sentence from the CR-V article referring to other time the CR-V won in the recent past made me choke a little: "A thorough rework and ref...
by daveydoo
Wed Dec 13, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Teaching elementary school kids about money
Replies: 32
Views: 1893

Re: Teaching elementary school kids about money

You could work through how much it costs the teacher to buy classroom supplies this year and compare it to what she expects to pay for those same classroom supplies next year.
by daveydoo
Wed Dec 13, 2017 1:47 am
Forum: Personal Consumer Issues
Topic: prudent buying a refurbished laptop?
Replies: 25
Views: 1676

Re: prudent buying a refurbished laptop?

tibbitts wrote:
Tue Dec 12, 2017 11:58 pm
Refurb means entirely different things depending on the source of the product.
+1. My Dad used to buy all his laptops this way and he was very tech-savvy. They were all new products with (undisclosed) issues that had been returned. They were maybe 20% below the best price on new...?
by daveydoo
Wed Dec 13, 2017 1:39 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 181
Views: 10951

Re: Do people still use AAA?

Yes. It's saved us a few times in the past few years, too. A jump when I pulled over to make a "quick" work-related call that turned into an hour and I had all the lights, etc., still on in the car. Would not turn over. That was a bleak time. But I don't use paper maps anymore -- except maybe walkin...
by daveydoo
Wed Dec 06, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: Philanthropy and related issues
Replies: 50
Views: 3340

Re: Philanthropy and related issues

<< As an aside, there is always an element of luck in attaining financial good fortune >> I disagreed. There are those that survived and thrived in spite of bad luck and challenging circumstances. Of course -- that is the good fortune (or absence of bad luck) that follows the initial bad luck and p...
by daveydoo
Wed Dec 06, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Philanthropy and related issues
Replies: 50
Views: 3340

Re: Philanthropy and related issues

<< I have yet to see any posts by the financially fortunate people here about donating some of their wealth to charity or other non-profit causes. >> I see a bunch right up there. For your future posts, please do not use those words to label Bogleheads. It does not describe the many circumstances a...
by daveydoo
Tue Dec 05, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: MetLife demutualization shares cost basis
Replies: 3
Views: 1336

Re: MetLife demutualization shares cost basis

Zombie thread warning (please check dates):

OP, did you sell and did you use the cost basis of $14.25 per share? A relative is looking to sell and has been asking. Sounds like the 2008 ruling negates the "cost basis = 0" ruling.
by daveydoo
Tue Dec 05, 2017 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9400

Re: Why should I donate to my alma mater?

Colleges SHOULD face financial pressures. They have gone off the rails. Contributing even a mite to them only worsens the problem. Let 50 percent of them fail, save the useable math, science, tech and vocational portions, and let the "liberal arts" faculties go down the chute. Tim I'm pretty sure t...
by daveydoo
Tue Dec 05, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: Philanthropy and related issues
Replies: 50
Views: 3340

Re: Philanthropy and related issues

If I post in the forum about buying a new car, I expect people to tell me what car to buy. If I post about what mutual fund to use in my Roth, I expect people to tell me which mutual fund to buy. Those are totally different than an unsolicited post about how we "financially fortunate" Bogleheads ou...
by daveydoo
Tue Dec 05, 2017 1:41 am
Forum: Personal Consumer Issues
Topic: Philanthropy and related issues
Replies: 50
Views: 3340

Re: Philanthropy and related issues

...But an unsolicited comment on how "financially fortunate" people should spend their money -- nope. But that's half of BH! "Buy this car at this trim level and mileage." Or "Buy this investment but not that one!" It's all fair game, imo. No matter how much I give to charity, if someone were to sa...
by daveydoo
Mon Dec 04, 2017 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9400

Re: Why should I donate to my alma mater?

Gotta say I'm really impressed by the anti-college sentiment here. Maybe I shoudn't be surprised. An awful lot of threads about folks saving for their kids' college, though. Lots of folks railing against the huge endowments but maybe you get it now. New taxes on grad student tuition (!), taxes on en...
by daveydoo
Mon Dec 04, 2017 10:57 pm
Forum: Personal Consumer Issues
Topic: Philanthropy and related issues
Replies: 50
Views: 3340

Re: Philanthropy and related issues

If your point is to encourage others on the forum to donate, then I don't see why you think that is appropriate. Your post comes across is if you think people who have a certain level of wealth should contribute some portion of that wealth to good causes. How is that your concern? Every Boglehead k...
by daveydoo
Mon Dec 04, 2017 2:22 am
Forum: Personal Consumer Issues
Topic: Philanthropy and related issues
Replies: 50
Views: 3340

Re: Philanthropy and related issues

Not wealthy but we give a lot -- driven mostly by spouse. There are many, many threads here on donor-advised funds and efficient ways of donating. Oh, and the first answer to anyone wrestling with high capital gains in an underperforming asset, or posting about higher marginal rate for a windfall is...
by daveydoo
Sun Dec 03, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: General advice for a new attending physician
Replies: 17
Views: 1768

Re: General advice for a new attending physician

In the small group, you are your own boss. I don't think it's like making partner at a law firm. There's no guarantee you can stay your own boss or even be your own boss in small medical practice. For example, your one hospital gets bought and threatens to contract with mega-group for your specialt...
by daveydoo
Sun Dec 03, 2017 10:56 pm
Forum: Personal Consumer Issues
Topic: It's that time of year again... buying christmas gifts
Replies: 70
Views: 5821

Re: It's that time of year again... buying christmas gifts

Jags4186 wrote:
Sun Dec 03, 2017 9:51 pm
I’m shocked you guys give your boss gifts. I would never give my boss a gift.
+1. As a boss, I'd be embarrassed to get gifts from subordinates/direct reports, etc. And I've never bought gifts for any of my many bosses.
by daveydoo
Sat Dec 02, 2017 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 165
Views: 25939

Re: Currently have $700,000 at 26 years old get $100,000 a year

Life is about doing what you enjoy and being happy and carefree. Not doing things imposed by society, the media, or some narrow-minded individuals told you to. Wah? Imagine what kind of world we'd have if everyone felt this way. You can't eat dessert all day long... My [parent] told me "Don't be a ...
by daveydoo
Sat Dec 02, 2017 10:35 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6689

Re: How to convince DW that high miles used car is OK

Teague wrote:
Sat Dec 02, 2017 9:23 pm
Perhaps you could buy her a diamond ring - and explain that the higher mileage car helped pay for the ring?
Surprisingly, the car's probably a better investment. At least the car has some intrinsic value. Once you drive that "consumer-grade" diamond ring off the lot, it's nearly un-sellable.
by daveydoo
Sat Dec 02, 2017 8:47 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6689

Re: How to convince DW that high miles used car is OK

My wife is just fine with purchase of an older car, but balks at getting one with, say, 150,000 miles on it - even though the purchase price is low... If I recall correctly, money is not a huge issue for you? Driving your own 150K-mi car is fine -- like wearing your favorite ratty old shoes. Wearin...
by daveydoo
Sat Dec 02, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5174

Re: How do I convince my employees to invest more?

I offer them a Simple-IRA with a 100% match up to 3% of their salary. The problem is that hardly any of them participate. Last year I only matched $6,300, up from $4,483 the year before. It concerns me because many of them are in their 30's and 40's with no apparent retirement savings at all. How c...
by daveydoo
Sat Dec 02, 2017 6:00 pm
Forum: Investing - Theory, News & General
Topic: Wellesley Fund gender diversity and climate focus
Replies: 9
Views: 1096

Re: Wellesley Fund gender diversity and climate focus

bertilak wrote:
Sat Dec 02, 2017 5:55 pm

Another observation on the first link: It appears they have the idea that short skirts are important. In my experience good women leaders did not introduce a distraction by dressing provocatively.
Someone please flag this dinosaur's comment as offensive. Or is this a parody account? :D
by daveydoo
Sat Dec 02, 2017 3:16 am
Forum: Personal Finance (Not Investing)
Topic: PSA: consider pre-paying your property taxes and January mortgage payment
Replies: 21
Views: 2665

Re: PSA: consider pre-paying your property taxes and January mortgage payment

ccieemeritus wrote:
Sat Dec 02, 2017 12:38 am

While discussions of proposed legislation are OT, this year may be a good year to be ready to prepay on short notice.
I think it's fair game now.
by daveydoo
Thu Nov 30, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1061
Views: 257222

Re: Best watch for around $5,000?

Seiko dive watches are unimpeachable as far as value is concerned. But there are well-documented quality control issues, particularly with the non-Japanese made watches, which I believe subsumes all the popular SKX watches. +1 on Seiko automatic divers -- two in our household. A relative recently f...
by daveydoo
Thu Nov 30, 2017 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9400

Re: Why should I donate to my alma matter?

It takes billions in fund-raising to even be a contender Is that the new term for palm greasing? I wonder what happens when the "fund raising" result turns out other than expected... 8-) It's all advertising budget. Do you have a TV, radio, or computer? You might have seen some of this over the pas...
by daveydoo
Thu Nov 30, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9400

Re: Why should I donate to my alma matter?

It takes billions in fund-raising to even be a contender Is that the new term for palm greasing? I wonder what happens when the "fund raising" result turns out other than expected... 8-) It's all advertising budget. Do you have a TV, radio, or computer? You might have seen some of this over the pas...
by daveydoo
Thu Nov 30, 2017 2:14 am
Forum: Personal Consumer Issues
Topic: Luggage Update for Travel
Replies: 73
Views: 3969

Re: Luggage Update for Travel

Would appreciate brand, size, feature suggestions! Thanks Whatever tiny, overhead-sized, clamshell polycarbonate roller that Costco has this week. Our last one was "Ciao!" No, it was not made in Italy :D . We've been through a bunch of these; luggage is disposable. Do not get nice luggage -- it's a...
by daveydoo
Thu Nov 30, 2017 2:06 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5193

Re: How Do You Stay Current With Popular Music?

The real problem is that when you're a teenager or in college, you are exposed to a lot of music by your peer group (friends, dorm mates ..). Once to leave those social groups, it's more difficult. You're sorta on your own. Podcasts and such are not a substitute. +1. Find the alternative and/or col...
by daveydoo
Thu Nov 30, 2017 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Independent Trustee Actively Managing Trust Account
Replies: 96
Views: 4381

Re: Independent Trustee Actively Managing Trust Account

When they bank acts in a fiduciary capacity they are held to those standards, i.e., they can't profit through self dealing. What you describe is just that. Respectfully, no it isn't. By your description, the only excluded instance would be if Vanguard, say, is the corporate trustee and custodian an...
by daveydoo
Wed Nov 29, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Independent Trustee Actively Managing Trust Account
Replies: 96
Views: 4381

Re: Independent Trustee Actively Managing Trust Account

When they bank acts in a fiduciary capacity they are held to those standards, i.e., they can't profit through self dealing. What you describe is just that. Respectfully, no it isn't. By your description, the only excluded instance would be if Vanguard, say, is the corporate trustee and custodian an...
by daveydoo
Wed Nov 29, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9400

Re: Why should I donate to my alma matter?

When a nonprofit university president makes two or three times as much as the U.S. president does, I just don't see why anyone should denote to a university? Does anyone really think that the (US) President's salary is any more than just a token? It takes billions in fund-raising to even be a conte...
by daveydoo
Wed Nov 29, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Independent Trustee Actively Managing Trust Account
Replies: 96
Views: 4381

Re: Independent Trustee Actively Managing Trust Account

Many seem to be expressing an attitude that confirms suspicions regarding corporate trustees. Beneficiaries are greedy brats, good thing the old man hired the bank to save them from themselves. 34 individual stocks is terrible management, period. The OP is completely justified in wanting it simplif...
by daveydoo
Tue Nov 28, 2017 8:43 pm
Forum: Personal Consumer Issues
Topic: Paying for news?
Replies: 60
Views: 4064

Re: Paying for news?

knightrider wrote:
Tue Nov 14, 2017 9:59 am
I get most of my news through Facebook...
Are you sure...? :D

I pay. It used to irk me; however, for the past year I've been very proud to pay for my news, and to support the organizations that accurately report it.
by daveydoo
Tue Nov 28, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Independent Trustee Actively Managing Trust Account
Replies: 96
Views: 4381

Re: Independent Trustee Actively Managing Trust Account

Many seem to be expressing an attitude that confirms suspicions regarding corporate trustees. Beneficiaries are greedy brats, good thing the old man hired the bank to save them from themselves. 34 individual stocks is terrible management, period. The OP is completely justified in wanting it simplif...
by daveydoo
Tue Nov 28, 2017 8:10 pm
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5193

Re: How Do You Stay Current With Popular Music?

Small Law Survivor wrote:
Tue Nov 28, 2017 10:28 am

How do you get exposure to new music, but filter out the junk?
Have kids. The filtering part is up to you :D . My kids introduced me to a lot of great music that I would have loathed on first listen if a stranger recommended it.
by daveydoo
Mon Nov 27, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting a large sum, slightly intimidated.
Replies: 51
Views: 5158

Re: Inheriting a large sum, slightly intimidated.

Great advice above. You're fortunate in that you've been paying attention and already do the right things. You'll do great. I don't see any red flags in the minor variations your weighing (e.g., 50/50 vs 60/40, etc.). Not addressed above, there's a risk that this windfall will take some of the wind ...
by daveydoo
Mon Nov 27, 2017 12:19 pm
Forum: Personal Consumer Issues
Topic: best cordless drill??
Replies: 71
Views: 4311

Re: best cordless drill??

All the ones I see advertised now have the huge dumbbell shape with the flat-bottomed battery that doubles as a stand. Lot of torque but not the best maneuverability and ergonomics. If you're not doing major projects and are mostly drilling pilot holes, fixing cupboards, and hanging window coverings...
by daveydoo
Sun Nov 26, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Donor Advised Fund costs
Replies: 22
Views: 1051

Re: Donor Advised Fund costs

^ I'll add two more that have been helpful for us: Donating a highly-appreciated, high-ER asset that is in excess of your annual charitable contributions. Had been too painful to liquidate in the past owing to CG exposure. Donating a (modest) windfall that would be taxed at a higher marginal rate th...
by daveydoo
Sat Nov 25, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Which model treadmill to buy
Replies: 18
Views: 1540

Re: Which model treadmill to buy

My earlier thoughts from this thread: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=194451&p=2962590&hilit=treadmill#p2962590 "...I've used a treadmill for 20 years -- a True and then a Precor. They're worth every penny. You don't need to run -- I like low-impact "hiking" at 4 mi/h with 8-10...
by daveydoo
Sun Nov 19, 2017 11:48 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3772

Re: Oregon makes you save, unless you object. NYT article

can you give a link for this $5b project? I'm well aware of the ~50 million spent on the Columbia River crossing design (which I consider quite shameful in execution) but you're referring to something that's 100x bigger and I've never heard of it. Thanks for the correction and reality check; my fig...
by daveydoo
Sun Nov 19, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3772

Re: Oregon makes you save, unless you object. NYT article

This is atrocious. Oregon has a long, sad history of this sort of thing: Great idea; horrific execution. That could be the motto on the state flag. Well-meaning folks who do not quite understand the problem, ultimately falling prey to (clever) corporate self-interest. State spent $5 billion designin...
by daveydoo
Sat Nov 18, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: Monte Carlo Analysis VS Historical Rolling Periods
Replies: 28
Views: 2167

Re: Monte Carlo Analysis VS Historical Rolling Periods

nisiprius wrote:
Sat Nov 18, 2017 7:57 am
There are serious problems with everything.
+1
by daveydoo
Sat Nov 18, 2017 1:57 am
Forum: Investing - Theory, News & General
Topic: TSP Modernization Act Signed Into Law
Replies: 22
Views: 4138

Re: TSP Modernization Act Signed Into Law

Read this thread with a sense of relief -- from the title, I just assumed that "modernization" would mean privatization and conversion to a high-fee model!
by daveydoo
Sat Nov 18, 2017 1:55 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 8890

Re: Tesla truck unnveil

...Stunning car. Careful with all that power! Agree. All the wrong people will buy this car. Have seen hundreds of Teslas. Saw exactly one accelerating faster than a Toyota (it was an X, P100D -- and it was a sight). I guess 0-60 numbers get the well-heeled into the stores. A weenie driving a big-b...
by daveydoo
Fri Nov 17, 2017 2:34 pm
Forum: Personal Consumer Issues
Topic: Car shopping tomorrow
Replies: 61
Views: 5455

Re: Car shopping tomorrow

Test drive in various conditions and road surfaces. Test drives tend to be a blur for me. I have to really focus on road noise, wind noise, ride harshness because of all the things taking your focus. +1. And if driving dynamics are important, read some car-mag reviews and make sure that you go to d...
by daveydoo
Fri Nov 17, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: Is dent repair service worth it?
Replies: 17
Views: 1561

Re: Is dent repair service worth it?

...second, Is it realistic to think I will get the cost back with the trade-in? Thanks. I have not done this but have considered it. Sounds like whomever you would be selling to would have access to this same service for less (volume discount at the very least) and would be better equipped to gauge...
by daveydoo
Sun Nov 12, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 3256

Re: Bitcoin: Significance of 12 transactions per second?

There is basically a civil war within the Bitcoin community right now. I don't think anyone can truly know how it will shake out. If you are participating in the crypto market the safest thing to do is own both coins in proportion to their market cap so that you are agnostic as to which side wins T...
by daveydoo
Sun Nov 12, 2017 1:42 pm
Forum: Personal Consumer Issues
Topic: Warm Shirt for Winter
Replies: 41
Views: 4269

Re: Warm Shirt for Winter

We are trying to keep our house at a reasonable temp in winter, and the last few winters I've really been cold in the house. This will sound dumb. It isn't. Go up a few flights of stairs (well, and then come back down -- I don't mean that it's warmer upstairs). I walk up seven flights of stairs to ...
by daveydoo
Sun Nov 12, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 3256

Re: Bitcoin: Significance of 12 transactions per second?

There is basically a civil war within the Bitcoin community right now. I don't think anyone can truly know how it will shake out. If you are participating in the crypto market the safest thing to do is own both coins in proportion to their market cap so that you are agnostic as to which side wins T...
by daveydoo
Sat Nov 11, 2017 5:37 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 117
Views: 7870

Re: Do you meditate?

socaldude wrote:
Sat Nov 11, 2017 10:41 am
"There is more to Life than increasing it's speed." GANDHI ...............(p.s. retired 50-STKS-40-BNDS-10-CSH)
For some reason, I always imagined him with less equity exposure.
by daveydoo
Sat Nov 11, 2017 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 213
Views: 19529

Re: Why NOT make more money?

hightower wrote:
Sat Nov 11, 2017 2:01 pm
The only time I think you should avoid trying to make more money is if the pursuit of that money is making you unhappy or preventing you from doing the things you enjoy.
I like this! (I wish it applied to the pre-FI state, too.)