Search found 141 matches

by dspencer
Fri Aug 24, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 570
Views: 84543

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

You can reevaluate when the warranty is close to expiring. The way I look at it is by selling it now, you lose a lot of money due to depreciation. Is this loss less than a potential engine repair in the future? This is assuming there will be repairs and Honda will not cover them, even partially. Ju...
by dspencer
Fri Aug 24, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 570
Views: 84543

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

OIL ANALYSIS REPORT 8-24-18 I decided to have the oil analyzed on my 2017 CRV. Have owned for about 13 months and have 13,900 miles. 5,000 miles since last oil/filter change with 40% oil life remaining on maintenance minder. Miles are mostly highway/interstate driving with several long distance dri...
by dspencer
Mon Aug 20, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Where to buy white, athletic fit dress shirt?
Replies: 52
Views: 3163

Re: Where to buy white, athletic fit dress shirt?

I am a big fan of TM Lewin fitted non-irons for an athletic build. If you google their competitor "CT Shirts," the top ad will always be $30/shirt and free shipping. Thanks for this tip, I was not aware of this type of marketing scheme. It appears to work in reverse as well with Charles Tyrwhitt of...
by dspencer
Fri Jun 29, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 570
Views: 84543

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

It seems clear that you have spent a huge amount of time researching the issue, filing complaints, encouraging others to complain and monitoring your own vehicle. You've posted your own experience in this thread in great detail. You've said multiple times that you are going to have your oil analyze...
by dspencer
Fri Jun 29, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 570
Views: 84543

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

CU LATER --> Did you ever have your oil analyzed? Did it show gasoline in the oil? Could you please post the results? I guess you don't want to tell us. I find it interesting that CUlater has gone radio silent on his oil analysis results. Looks like this entire thread is much ado about nothing. The...
by dspencer
Wed May 30, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Bond diversification for high tax brackets?
Replies: 4
Views: 716

Re: Bond diversification for high tax brackets?

If you want to hold your bonds in taxable, they should be tax-exempt if you are in a higher tax bracket. What makes sense to me is holding your bonds, or at least a good portion, in a tax-advantaged account such as a rollover IRA or a 401k. Most any broad intermediate term fund will do. Are there a...
by dspencer
Tue May 29, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Bond diversification for high tax brackets?
Replies: 4
Views: 716

Bond diversification for high tax brackets?

Due to the after tax returns, most of my bonds are in tax exempt municipal bond funds (mostly VWIUX). Vanguard's Portfolio Watch tool recommends putting 20-50% in international bonds. I do have a small holding of VWOB (emerging market gov bonds). Despite higher yield, I still believe the after-tax y...
by dspencer
Tue May 22, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

Warren Buffett is a professional investor with a once-in-a-generation talent for his profession. It's hard for me to see the relevance of his professional investing strategy to ordinary people who don't have the time, talent, money, or inclination to do what he does. To the extent that he offers inv...
by dspencer
Thu May 03, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

Point taken about stock buybacks. I have just been influenced by listening to CNBC I guess. I did think buybacks were the equivalent of dividends, which were not necessarily a good thing (from all my reading here over the years), but not really a negative either. Thoughts? Thanks. Apple claims they...
by dspencer
Thu May 03, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

And the advantage of that would be? If your knowledge and skill is so great you know what to buy and when why not just day trade? Why just restrict yourself to dividends? :shock: The only two reasons I could see to turn off auto reinvestment is, 1. I need the money (retired), or 2. I want to rebala...
by dspencer
Thu May 03, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 570
Views: 84543

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

This issue will never get resolved until the number of complaints by U.S. owners gets much larger, and that's going to take some time because people just don't check their oil and/or aren't aware there's an issue yet. ...The CRV beta-testers with the 2017 and 2018 models are on their own. I have be...
by dspencer
Thu May 03, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

Am I the only one that is experiencing a sense of relief over the last few months? I can't predict the future, but I would rather have this up and down activity that amounts to a roughly flat market than a continued run-up and then huge crash. It's seems much healthier to have a "correction" now wh...
by dspencer
Thu May 03, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

And the advantage of that would be? If your knowledge and skill is so great you know what to buy and when why not just day trade? Why just restrict yourself to dividends? :shock: The only two reasons I could see to turn off auto reinvestment is, 1. I need the money (retired), or 2. I want to rebala...
by dspencer
Thu May 03, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

Am I the only one that is experiencing a sense of relief over the last few months? I can't predict the future, but I would rather have this up and down activity that amounts to a roughly flat market than a continued run-up and then huge crash. It's seems much healthier to have a "correction" now whi...
by dspencer
Thu May 03, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 570
Views: 84543

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

I have a 2017 CRV with under 6,000 miles so I haven't had the oil changed yet. I checked the oil and it appears slightly above the fill line, but not up on the metal. I agree that with such thin oil it's a bit hard to read. I also never checked it initially to know if it was slightly overfilled to s...
by dspencer
Wed Feb 07, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 168
Views: 21429

Re: Bitcoin in Freefall

A valid question. Many of the up-and-coming projects have the value of the coin tied to the project’s real world adoption/success in some way, as opposed to just being a “currency” and nothing else like BTC and it’s derivitaves. How can something that is infinitely replaceable have any value? No on...
by dspencer
Tue Feb 06, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 168
Views: 21429

Re: Bitcoin in Freefall

I suppose it’s like the dot com bubble in that sense. Anyone can create a website, but many of them aren’t particularly useful. But, after the crash, companies with actual use rose from the ashes and many are giants today. I think cryptos will see something similar. BTC has fallen to where it was i...
by dspencer
Tue Feb 06, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 168
Views: 21429

Re: Bitcoin in Freefall

What happens if no miner wants to sell at less than $5,000, and nobody wants to buy at more than $3,000? Does the posted "market price" at places like coindesk continue to show a fictitious $5,000, with the only indication that it's not real being a transaction volume of zero? Isn't the "market pri...
by dspencer
Fri Dec 22, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Why own VTABX/BNDX now?
Replies: 3
Views: 1034

Re: Why own VTABX/BNDX now?

You have the wrong figure for yield to maturity for the international bond index fund. Vanguard lists 0.8%, not 2.1%—the higher figure is the average coupon. There shouldn't be that huge a gap between YtM and the SEC yield, and there isn't. The municipal bond market is narrower and less diversified...
by dspencer
Fri Dec 22, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 168
Views: 21429

Re: Bitcoin in Freefall

Ok, I was assuming a logarithmic chart. I'm going to drop from this thread because it's really not being productive for anyone, but before leaving I feel I have to share for all the people who will come and say "wow, what a massive drop in this chart!", this crash doesn't look any different than al...
by dspencer
Fri Dec 22, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 168
Views: 21429

Re: Bitcoin in Freefall

My point still stands: why shout out on bogleheads "I knew the end was coming and it finally came!" like many are doing right now, when what in reality seems to be happening is just a liquidity issue causing a 20% crash which is mostly irrelevant considering the growth of the asset YTD? Wait until ...
by dspencer
Fri Dec 22, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Why own VTABX/BNDX now?
Replies: 3
Views: 1034

Why own VTABX/BNDX now?

As part of my transition from Betterment to Vanguard I have a small position in Vanguard Total International Bond Fund (BNDX/VTABX/VTIBX). I know there have been some discussions about why it may or may not make sense to own international bonds in general. However, I'm more curious as to whether the...
by dspencer
Fri Dec 08, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 747
Views: 216287

Re: Share your net worth progression

I've always been a record keeper on this stuff and it is great to have a place to share. The rest of the story is (most often) two earners, four kids including one with special needs, an inclination toward saving, investing in equities and staying the course. 1990 $57K age 29 1991 $94K 1992 $141K 1...
by dspencer
Tue Nov 28, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation [in market crash]
Replies: 38
Views: 3126

Re: Asset Allocation [in market crash]

I absolutely agree there is no way to anticipate a crash. But once a crash occurs, should we anticipate a recovery? If I were closer to retirement I would have a good portion in Bonds. If a crash occurred, wouldn’t I want to favor stocks temporarily? Whether the bounce back is 1 or 10 years. In my ...
by dspencer
Fri Nov 17, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

1. I was purposefully vague about the context of our relationship simply because it's the internet. Suffice it to say it's a close & high trust relationship, not just a buddy from college. 2. I have dealt personally with plenty of financial advisors and in particular with those serving High Net Wor...
by dspencer
Fri Nov 17, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

There is also maybe a degree of overconfidence in predicting the market. I think that is a large reason. Folks who are rich are usually self made business owners. They did it by taking on HUGE risks that paid off. They just assume they can analyze the winners better then everyone else since they ha...
by dspencer
Fri Nov 17, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

Personally, we should be asking him for help. It is great to be a bogleheads, but would rather have 30+million and get fleeced a few million every year by a FA then be a bogleheads and worry abut 20 base points in ER. My advice, a good accountant, good estate lawyer, and any reasonable plan will do...
by dspencer
Thu Nov 16, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

1) OP - what's the context for this? Does the friend really want your help? How has this been indicated? 2) Assuming that the friend really does want OP's advice, it just seems kinda odd. Very wealthy person, with money invest poorly (in my opinion) doesn't turn to professionals, nor to self educat...
by dspencer
Thu Nov 16, 2017 4:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

Still an accumulator, but approaching the end. Otoh, DS is beginning his accumulation, and I’d like him to get a sense for what a sharp drop feels like. He’s got enough now ($xxk) that he will feel it. He knows, by reading, that volatility goes both ways, but that’s something you have to experience...
by dspencer
Thu Nov 16, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

If I had this much money and didn't need any more, I would definitely use the "Larry Portfolio", or something like that. 70% US intermediate treasuries 10% US SCV 10% Intl SCV 10% EM Is there a reason to prefer treasuries over municipal bonds? Comparing VFIUX to VWIUX they seem fairly similar in mo...
by dspencer
Thu Nov 16, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

Laddering does provide flexibility, but it's not a free lunch. The shorter durations pay very low interest rates. VMLUX pays so little I'm not even sure it's justified over a saving's account, except it's tax exempt. It's probably barely keeping pace with inflation now also. Philosophically, I don'...
by dspencer
Thu Nov 16, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

3 Fund Portfolio Works for $3,000 or $30,000,000. It would also free up some more time to enjoy having $30 million dollars. :wink: I am a fan of the 3 fund portfolio, although to be fair I have helped with his muni bonds and that is already 3 funds: VWIUX (intermediate term), VMLUX (limited term), ...
by dspencer
Thu Nov 16, 2017 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

Dude seriously?!?!? This guy has 30 million dollars in assets. He has no worries. think of it as a daydreaming exercise! As others have said, the 3 fund portfolio works with extra zeros on the assets as well. I think I could be happy with a 3 fund of my own with $30 million at this stage in my life...
by dspencer
Thu Nov 16, 2017 3:17 pm
Forum: Investing - Theory, News & General
Topic: Car loans vs. Home loans - Are markets efficient?
Replies: 12
Views: 1395

Re: Car loans vs. Home loans - Are markets efficient?

Several good reasons presented. Maybe another one is that it's easier to repo a car than to foreclose on a house? It's also easier to resell a car than to resell a foreclosed house.
by dspencer
Thu Nov 16, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

sschoe2 wrote:
Thu Nov 16, 2017 3:00 pm
Can we post a new thread titled U.S. stocks rising out of control or is that a non-actionable troll post?
Rising out of control? Buy Buy Buy! Wait, doesn't that mean a drop is inevitable at any second? Sell Sell Sell!

Seems totally actionable to me. :D
by dspencer
Thu Nov 16, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

How much are his annual expenses? How much more would he like to have and how fast? Is he saving for something special? What? 1. I don't know. $1MM/year maybe. I'm a huge fan of budgeting personally, but that's not going to happen. Also, at this level it's not so simple. When I buy a car, I just tr...
by dspencer
Thu Nov 16, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

Dude seriously?!?!? This guy has 30 million dollars in assets. He has no worries. think of it as a daydreaming exercise! As others have said, the 3 fund portfolio works with extra zeros on the assets as well. I think I could be happy with a 3 fund of my own with $30 million at this stage in my life...
by dspencer
Thu Nov 16, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

Step 1: Control downside risk. I don't know anything about the businesses that they own, but owning businesses can be a huge risk. This couple doesn't have much of a risk of going broke, but most of that risk probably comes from these businesses. I would strongly consider selling these if they were...
by dspencer
Thu Nov 16, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

3 Fund Portfolio Works for $3,000 or $30,000,000. It would also free up some more time to enjoy having $30 million dollars. :wink: I am a fan of the 3 fund portfolio, although to be fair I have helped with his muni bonds and that is already 3 funds: VWIUX (intermediate term), VMLUX (limited term), ...
by dspencer
Thu Nov 16, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

Personally, we should be asking him for help. It is great to be a bogleheads, but would rather have 30+million and get fleeced a few million every year by a FA then be a bogleheads and worry abut 20 base points in ER. My advice, a good accountant, good estate lawyer, and any reasonable plan will do...
by dspencer
Thu Nov 16, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Re: Help for semi retired friend with 8 figure savings

Less than half of net worth is in simple investable assets. In the list presented, everything below the "cash" line would be problematic for me. Above the cash line, looks like only 23% equities. I have no clue what to say about all this as the investor needs a real time-out in order to figure out ...
by dspencer
Thu Nov 16, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 6128

Help for semi retired friend with 8 figure savings

I am trying to help a friend determine a more sensible allocation. Here are his and his wife's details: Married, both in 60s Retired from primary professions but continue to earn income as business owners. Currently earning roughly $2-3 MM per year but that is not reliable in long term as it's a vol...
by dspencer
Tue Nov 14, 2017 12:54 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 195
Views: 18097

Re: The 4% rule DOES fail but still makes sense!

Here is a case written by sambb in one of my other threads. Similar examples have appeared in other places. I don't know if anyone had good answers. ***************************** What about the following: Need 100k/year, so desire to have 2.5M (4%) withdrawal. Lets say right now in 2017, i hit 2.5M...
by dspencer
Wed Oct 25, 2017 8:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

Anyone who doesn't see the similarity between investing in stocks and gambling should re-acquaint themselves with the meaning of "risk". Expected return is not actual return. Everyone who walks into a casino has a positive expected return and a strategy to realize that return. Everyone who invests ...
by dspencer
Tue Oct 24, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7393
Views: 1550998

Re: U.S. stocks in freefall

I know this market is in for a tumble. Not because it keeps going up, but because it doesn't go down. The dip-buyers can't get in because there are no dips. Just what it did the last times just before it crapped out. Are you short the market? Do you have a time table for this prediction? How much w...
by dspencer
Fri Oct 20, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 175
Views: 32441

Re: Sitting on cash....Waiting for a crash

What matters is your asset allocation, determined by your risk tolerance. Figure that out (the latter before the former) and then go do something fun. This concept is presented on Bogleheads frequently and with much conviction. Yet it seems to make a difficult and important decision seem almost tri...
by dspencer
Wed Oct 04, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18760

Re: Buy on Really Bad Days, Sell on Really Good Days?

Basically saying on this day you won so big that it is just best to take your winnings for that day, but only the winnings for that day , and set them aside in a safe fixed income or inflation protected vehicle and thank Mr. Market for the statistical anomaly you have just benefited from. From my s...
by dspencer
Wed Oct 04, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18760

Re: Buy on Really Bad Days, Sell on Really Good Days?

Selling the instant it goes up 2% in a given day does not seem to be a reliable way to sell high. This is an excellent observation. Since the stock market is expected to go up (otherwise why would we want to invest at all), this idea to sell just because something goes up 2% or 3% or 10% is probabl...
by dspencer
Tue Oct 03, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18760

Re: Buy on Really Bad Days, Sell on Really Good Days?

One doesn't have to watch anything because your brokerage firm (including Vanguard) will do it for you. Just set an alert to send a message/e-mail to your phone when something is triggered. It really is that easy as long as you look at your phone occasionally. I know, but I am just not interested i...
by dspencer
Mon Oct 02, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 747
Views: 216287

Re: Share your net worth progression

Just recently started tracking my net worth and reeaaallyy tracking my expenses. Im a physician, still in training, with around 50K in debt (student loan and a car loan). My wife and I got married in April 2016, and so far our DrMoneyTails Family consists of the both of us, the Dog and the Cat. Net...