Search found 198 matches

by bogglizer
Thu Mar 14, 2019 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Is my *entire* life financed when I have a mortgage?
Replies: 84
Views: 5674

Re: Is my *entire* life financed when I have a mortgage?

If I have $1 to spend, pay down mortgage, keep as cash, or invest, I can consider the inflation rate, my mortgage rate, or my expected investment rate. Clearly, the mortgage rate is applicable if the only choices under consideration are spend versus mortgage pay down. Once I open up the trade space ...
by bogglizer
Tue Mar 12, 2019 7:55 pm
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 252
Views: 13412

Re: Why diversification is not a viable strategy?

It seems to me that planning for every possible eventuality only leads to distraction. What will I do in the zombocolypse? Guns, canned food? A more rational strategy is to make a plan that, on average, performs better than my peer group. If holding some gold will make my longer-term finances perfor...
by bogglizer
Sun Mar 03, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5618

Re: College Savings - Are we going about this the wrong way?

When my kid was born, I started putting $100 a month into a 529. My parents threw in some as well, now and then. I invested it well. Now he is 15 and college is paid for. No regrets. How much is your account worth today? By my math,you should have $34,000 from you put in, plus whatever your parents...
by bogglizer
Sat Mar 02, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5618

Re: College Savings - Are we going about this the wrong way?

When my kid was born, I started putting $100 a month into a 529. My parents threw in some as well, now and then. I invested it well. Now he is 15 and college is paid for. No regrets. How much is your account worth today? By my math,you should have $34,000 from you put in, plus whatever your parents...
by bogglizer
Sat Mar 02, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: College Savings - Are we going about this the wrong way?
Replies: 88
Views: 5618

Re: College Savings - Are we going about this the wrong way?

When my kid was born, I started putting $100 a month into a 529. My parents threw in some as well, now and then. I invested it well. Now he is 15 and college is paid for. No regrets.
by bogglizer
Sat Dec 22, 2018 1:13 am
Forum: Personal Consumer Issues
Topic: Does anyone remember window/DOS batch file scripts?
Replies: 24
Views: 2422

Re: Does anyone remember window/DOS batch file scripts?

If you were using a real OS (aka *nix) you could probably solve that quickly with the uniq utility. :D I think the sort.exe command has a /unique switch in Windows 10. See the end of: https://stackoverflow.com/questions/22351713/windows-cli-equivalent-to-sort-u Cheers, Bruce A *real* OS would use I...
by bogglizer
Mon Dec 10, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: What if you reach your number before retirement?
Replies: 22
Views: 3707

Re: What if you reach your number before retirement?

You could start burning money on long term care insurance. Just an idea, not a suggestion.
by bogglizer
Tue Nov 27, 2018 1:20 am
Forum: Personal Consumer Issues
Topic: eBay Item not Received
Replies: 28
Views: 2549

Re: eBay Item not Received

I had this happen. Seller wouldn't do anything beyond a single contact with UPS. Opened Ebay ticket. Didn't address. Opened Paypal ticket. Didn't address. Terminated Ebay and Paypal accounts. Reversed charge on credit card. Happiness! Strange. eBay is known for almost always siding with buyers. Won...
by bogglizer
Mon Nov 26, 2018 8:46 pm
Forum: Personal Consumer Issues
Topic: eBay Item not Received
Replies: 28
Views: 2549

Re: eBay Item not Received

I had this happen. Seller wouldn't do anything beyond a single contact with UPS. Opened Ebay ticket. Didn't address. Opened Paypal ticket. Didn't address. Terminated Ebay and Paypal accounts. Reversed charge on credit card. Happiness!
by bogglizer
Sun Nov 18, 2018 7:58 pm
Forum: Personal Investments
Topic: Do you angel invest? If so, how many investments do you typically do?
Replies: 5
Views: 739

Re: Do you angel invest? If so, how many investments do you typically do?

As an investment, angel investing has pretty poor returns. If you have money to gamble with, though, it can be pretty entertaining. My experience has been on the receiving end. Expect that 9 out of 10 investments will go bad, and those 9 will all come begging for more money, just a little more, beca...
by bogglizer
Mon Nov 12, 2018 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: At what point does a life insurance policy not make sense?
Replies: 17
Views: 2208

Re: At what point does a life insurance policy not make sense?

AD&D almost is never paid out, since accidents are so rare. On the other hand, it is usually pretty cheap for the same reason. If you have a job or hobby that is likely to lose you a limb, then it definitely makes sense.
by bogglizer
Mon Nov 12, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: How long have you had, or did you have, your HP-12C calculator?
Replies: 72
Views: 2932

Re: How long have you had, or did you have, your HP-12C calculator?

29 years for the 15C. I had a 41C when they came out, along with every single accessory, but got rid of it at some point. No idea how long I've had the 12C. Also use the 15C iPhone app. They were going to restart production of the 15C a few years ago, but I don't think anything every came of it.
by bogglizer
Sat Nov 10, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone know why SSA has to be notified if you go outside the USA for 30 consecutive days or longer?
Replies: 19
Views: 3655

Re: Does anyone know why SSA has to be notified if you go outside the USA for 30 consecutive days or longer?

ResearchMed wrote:
Sat Nov 10, 2018 9:52 pm
But again, even that section says "... living ..."
Clearly, vampires and zombies are excluded here. They think of everything.
by bogglizer
Thu Oct 25, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Matter/scatter, part 10: International with and without emerging markets
Replies: 33
Views: 2070

Re: Matter/scatter, part 10: International with and without emerging markets

Why aren't you comparing VGTSX to (FSIIX + VEIEX)/2 here? seems more like an apples to apples comparison. Is the split of VGTSX anything like 50/50? I am guessing not from the data shown above.
by bogglizer
Sat Oct 20, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 96
Views: 11499

Re: What do you consider 'enough'?

This 1/3, 1/3, 1/3 rule is really cool, but I live in California and am relatively well compensated. I only pay 20% in taxes. Perhaps I need to find a way to raise my taxes in order to comfortably retire.
by bogglizer
Tue Oct 16, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Visiting the Statue of Liberty
Replies: 8
Views: 783

Re: Visiting the Statue of Liberty

Your can wait in line, or pay a bribe of some sort and skip it. Pay the bribe.
by bogglizer
Tue Oct 16, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Why buy thicker hardwood?
Replies: 16
Views: 2318

Re: Why buy thicker hardwood?

Your feet will know that you were cheap?
by bogglizer
Tue Oct 09, 2018 10:52 pm
Forum: Investing - Theory, News & General
Topic: Diversifying with a zero-correlation, zero-return volatile asset
Replies: 66
Views: 3869

Re: Diversifying with a zero-correlation, zero-return volatile asset

I remember many years ago, having an argument about whether lottery tickets are a hedge for a portfolio. They are uncorrelated and highly volatile, but with negative return. Seems to be a similar question as above.
by bogglizer
Tue Sep 18, 2018 5:54 am
Forum: Personal Consumer Issues
Topic: Gas leak detector?
Replies: 21
Views: 1230

Re: Gas leak detector?

Not everyone can smell oderized natural gas.
by bogglizer
Sat Sep 15, 2018 8:44 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 12503

Re: Age in Bonds - Still Recommended?

I guess I'm the only one on this forum who doesn't care about AA. I keep 10 years worth of annual expenses in bonds, CDs, money market, and savings, and the rest is in stock regardless of the %. TravelforFun This is a classic example of "asking the right question first." Everyone analyzes the case ...
by bogglizer
Sat Sep 15, 2018 7:46 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 12503

Re: Age in Bonds - Still Recommended?

I guess I'm the only one on this forum who doesn't care about AA. I keep 10 years worth of annual expenses in bonds, CDs, money market, and savings, and the rest is in stock regardless of the %. TravelforFun This is a classic example of "asking the right question first." Everyone analyzes the case ...
by bogglizer
Fri Sep 14, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: Is it safe to use Wechat?
Replies: 10
Views: 591

Re: Is it safe to use Wechat?

Snowden already showed that the USA might be the most untrustworthy country on Earth. At least you know that China may be listening when you use WeChat. I use it all the time, but don't put anything on it that I wouldn't share publicly. Your mistake is thinking that other protocols are safer.
by bogglizer
Sun Sep 09, 2018 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Value if div & share price are all that's known?
Replies: 2
Views: 223

Re: Value if div & share price are all that's known?

Executors of an estate of which I am an heir have reason to believe an old stock certificate may have been lost. A dividend of $6000 was paid in 2010 (as seen on a line from the decedent’s 2010 tax return). The 2010 annual dividend for the stock was 1.185%. The largest portion of the annual dividen...
by bogglizer
Sun Sep 09, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: where to learn to sew?
Replies: 33
Views: 2249

Re: where to learn to sew?

Community college if old enough. Sewing machine stores have classes. Volunteer to help out at a local theater or ballet company; they need people to sew costumes. The last is best, because you will get 1-on-1 from a master.
by bogglizer
Sat Sep 08, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: mortgage accelerator?
Replies: 16
Views: 1129

Re: mortgage accelerator?

If you lump sum up at the beginning of the year, then you save money relative to monthly. If you lump sum at the end of the year, you lose money relative to monthly. There is nothing magical about paying a lump sum. Pay early, save interest.
by bogglizer
Thu Sep 06, 2018 3:21 am
Forum: Personal Investments
Topic: Pension early distribution options
Replies: 12
Views: 1084

Re: Pension early distribution options

When I had a similar choice, I took the lump sum. I didn't care which ultimately gave me more money. I just wanted to simplify as much of my retirement as possible into one big IRA.
by bogglizer
Sat Sep 01, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to account for HSA in retirement planning?
Replies: 41
Views: 3416

Re: How to account for HSA in retirement planning?

Ditto above. I consider it part of my retirement funds, and have it invested in the equivalent of the Vanguard three-fund portfolio.
by bogglizer
Sun Aug 26, 2018 9:10 pm
Forum: Investing - Theory, News & General
Topic: Nice Explanation of Volatility Drag
Replies: 31
Views: 2851

Re: Nice Explanation of Volatility Drag

I guess the distinction that I’m trying to draw is that the expected arithmetic mean can be calculated while the expected geometric return can not.  If the expected return of a portfolio is 10% per year (arithmetic mean) for the next N years, then because the arithmetic mean is (1/N)×N-year total r...
by bogglizer
Sun Aug 26, 2018 9:04 pm
Forum: Investing - Theory, News & General
Topic: Nice Explanation of Volatility Drag
Replies: 31
Views: 2851

Re: Nice Explanation of Volatility Drag

I guess the distinction that I’m trying to draw is that the expected arithmetic mean can be calculated while the expected geometric return can not. There is a difference between can not be computed and difficult to compute. We now live in a world where people solve stochastic differential equations...
by bogglizer
Sun Aug 26, 2018 9:30 am
Forum: Investing - Theory, News & General
Topic: Nice Explanation of Volatility Drag
Replies: 31
Views: 2851

Re: Nice Explanation of Volatility Drag

To me volatility drag isn't really a thing because it amounts to comparing an actual return to a hypothetical return that is based on an arithmetic error--taking the arithmetic average of a sequence of geometric returns then applying it geometrically. In other words, the arithmetic mean of a series...
by bogglizer
Sun Aug 26, 2018 1:43 am
Forum: Investing - Theory, News & General
Topic: Nice Explanation of Volatility Drag
Replies: 31
Views: 2851

Re: Nice Explanation of Volatility Drag

To me volatility drag isn't really a thing because it amounts to comparing an actual return to a hypothetical return that is based on an arithmetic error--taking the arithmetic average of a sequence of geometric returns then applying it geometrically. In other words, the arithmetic mean of a series...
by bogglizer
Tue Aug 21, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: wood flooring recommendations
Replies: 13
Views: 1431

Re: wood flooring recommendations

You could look for a recycler. These are companies that take the floors out of old houses, gyms, factories, etc.
by bogglizer
Mon Aug 20, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 4298

Re: No advance notice to employer

Many employers, if they don't want you around any more, will give you zero notice ("come with me to HR"), let you collect your personal belongings while being watched ("here is your cardboard box"), and then frog-marched out the door. There is no reason not to extend to your employer exactly the sam...
by bogglizer
Mon Aug 20, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 4298

Re: No advance notice to employer

If you have worked since the last pay period, they could refuse to pay for those days. If you have accrued vacation time, they could refuse to pay you for that time that otherwise might be payable. If you have any personal belongings at work, they could refuse to let you have access. Please note, I...
by bogglizer
Sun Aug 19, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Switching jobs: what’s your number?
Replies: 12
Views: 1431

Re: Switching jobs: what’s your number?

I tell recruiters 25%. I've never changed jobs because of salary, though.
by bogglizer
Sat Aug 18, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Need help identifying a smell
Replies: 12
Views: 1377

Re: Need help identifying a smell

My experience is this happening when the tip of the bulb doesn't make a good connection with the back of the socket. Often accompanied by a frying sound. Sometimes there is a metal tongue on the bottom of the socket that you can bend forward, or just try to screw in the bulb tighter. If the tip of t...
by bogglizer
Fri Jul 27, 2018 8:03 pm
Forum: Personal Investments
Topic: Your age in bonds?
Replies: 57
Views: 7276

Re: Your age in bonds?

I think the bond = age rule has some real problems at the younger and older ends. For retirees, with bonds paying so little, how are they going to live off of a 62%-90% bond portfolio that pays 2% or 3%? For younger people 20-35 years old, 20%-35% bonds seems too high, when they have so many years ...
by bogglizer
Thu Jul 26, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC buying new home before selling current home
Replies: 11
Views: 1166

Re: HELOC buying new home before selling current home

I've played this game three times so far - using a HELOC to make a down payment on a house with another first+HELOC and then selling the first house to pay off the second HELOC, leaving the first mortgage at the end for the remainder of the debt. You will need very high credit, high stress tolerance...
by bogglizer
Thu Jul 05, 2018 11:30 pm
Forum: Personal Consumer Issues
Topic: Every Other Friday Off
Replies: 52
Views: 5663

Re: Every Other Friday Off

I hate working 9 hours a day. I choose to do it anyway, because almost no one comes into work on those Fridays, and it is boring. I did used to work at a company that switched timecard weeks on those on-Fridays at noon, so we could flex and charge the whole day to either week. That was really cool -...
by bogglizer
Tue Jun 26, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: San Antonio and Austin trip
Replies: 23
Views: 1696

Re: San Antonio and Austin trip

I was just in both towns last week. Ran into Bill Clinton in a bookstore and had a chat. Went to the LBJ library the next day in his honor.
by bogglizer
Sat Jun 23, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Escrowing mortgage and real estate taxes
Replies: 11
Views: 733

Re: Escrowing mortgage and real estate taxes

I've never heard of fees. I stopped using an escrow account because the bank was always screwing up with the fire insurance payments. Then a few years ago I got super busy and missed a tax payment. Now I use an escrow account.
by bogglizer
Sun Jun 17, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Mean Reversion in Long-Term Stock Returns?
Replies: 25
Views: 2441

Re: Mean Reversion in Long-Term Stock Returns?

Looking at the OP plots, looks like stocks are causing th GDP, not the other way around. Just saying....
by bogglizer
Sat Jun 16, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 18191

Re: Should I take possession of a certified mail?

In some jurisdictions, the contractor would need to send such a letter before being able to place a contractor's lien on your property. This is why I never sign for these letters. Did I miss someone mentioning this previously in this thread? Do you regularly and repeatedly not pay contractors? Aldo...
by bogglizer
Fri Jun 15, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 18191

Re: Should I take possession of a certified mail?

In some jurisdictions, the contractor would need to send such a letter before being able to place a contractor's lien on your property. This is why I never sign for these letters. Did I miss someone mentioning this previously in this thread?
by bogglizer
Sun Jun 03, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Any aerospace engineers? Pros v. cons of working for NASA v. private sector
Replies: 50
Views: 5491

Re: Any aerospace engineers? Pros v. cons of working for NASA v. private sector

I have worked in aerospace (UTC: did not enjoy it) and am now at JPL, which is one of the larger FFRDCs, at 6000 people. The FFRDCs pay industry salaries, as stated in their prime contracts with NASA. For a complete list, just look up FFRDC on wikipedia. JPL has paid internships that often lead to e...
by bogglizer
Sat Jun 02, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: June in Paris: What to (or not to) wear, see and do?
Replies: 53
Views: 3546

Re: June in Paris: What to (or not to) wear, see and do?

I like going to the Louvre, but not going inside the museum. The courtyard itself is worth the visit. If you go inside, there will be 1000 people between you and the Mona Lisa. Another attraction I like is the catacombs ("sewers of Paris"). That has a lot of steps also. Get there 1/2 or more before ...
by bogglizer
Sun May 20, 2018 12:57 pm
Forum: Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 8978

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

Even if you really need to be taking out $5K/mo now, that is likely to drop off as kids fly the coop and perhaps you downsize your house. So you may be able to afford that now, if you take into account changing needs in the future. Unfortunately, the calculation of how much you need given a non-cons...
by bogglizer
Sat May 12, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: Anything wrong with too many lots?
Replies: 47
Views: 5457

Re: Anything wrong with too many lots?

Save it until you die, and then use the stepped-up basis. Simple.
by bogglizer
Sat May 12, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: How to think about schools/homes (Greatschools/Niche)
Replies: 70
Views: 6092

Re: How to think about schools/homes (Greatschools/Niche)

We did just what you are considering. The price difference for us was more like an extra $400K to get into a GS=9 district. GS=10's in our area where substantially more. I don't know whether the schools are genuinely better; the GS scores often depend more on the preparedness of the incoming student...
by bogglizer
Mon May 07, 2018 10:22 pm
Forum: Personal Consumer Issues
Topic: Sprinkler system burst, company won't honor guarantee, what to do?
Replies: 21
Views: 3706

Re: Sprinkler system burst, company won't honor guarantee, what to do?

Fix it yourself. Shovel and some cheap repair items from True-Value. Lots of videos on youtube on how to diagnose, fix and maintain. Next, buy yourself a nice compressor. Blow out your system yourself in the fall. It's real easy. Cycle through all the zones. 15 minutes each. Done. I disagree, since...