Search found 20289 matches

by willthrill81
Fri Sep 25, 2020 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 68
Views: 4426

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

Ally has dropped the yield on their no-penalty CD to .60%.
by willthrill81
Fri Sep 25, 2020 8:35 am
Forum: Personal Consumer Issues
Topic: Annual oil changes a must? Car maintenance during these times
Replies: 56
Views: 3093

Re: Annual oil changes a must? Car maintenance during these times

In addition to physical degradation of oil (through the running of the engine), chemical degradation occurs over time no matter what, humidity & temperature fluctuations. One of my cars had 600 since I last changed the oil just about 52 weeks ago today. I will be changing it in the next 1-2 weekend...
by willthrill81
Fri Sep 25, 2020 8:25 am
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

Another possibility is that you could use a liability matching portfolio (LMP) approach using I bonds and TIPS to cover your essential spending in retirement and everything else in stocks. Looks like a bucket strategy in a different disguise. Strategies that do not involve rebalancing between bucke...
by willthrill81
Fri Sep 25, 2020 8:19 am
Forum: Personal Consumer Issues
Topic: Small Travel Trailer Advise needed
Replies: 29
Views: 1360

Re: Small Travel Trailer Advise needed

There are now battery-powered portable air conditioners although I don't have experience with one. But a generator to run the AC will only weight about 50lbs. The original Honda 2000s were notorious for not running most RV air conditioners, but the newer models with slightly more power, plus some u...
by willthrill81
Thu Sep 24, 2020 9:02 pm
Forum: Personal Consumer Issues
Topic: Planned power outage - any 'must-do's' or 'don'ts'?
Replies: 28
Views: 1970

Re: Planned power outage - any 'must-do's' or 'don'ts'?

You've gotten a lot of good advice already. I'll repeat what I believe to be most pertinent. Turn down your refrigerator and freezer as low as they go. Don't open them if you can avoid doing so while you don't have power. Get a flashlight with good batteries handy in case you need light in the night...
by willthrill81
Thu Sep 24, 2020 8:58 pm
Forum: Personal Consumer Issues
Topic: Small Travel Trailer Advise needed
Replies: 29
Views: 1360

Re: Small Travel Trailer Advise needed

I would not use a sway bar and would use a weight distributing hitch instead. When weight is distributed well, sway is eliminated. These days many of the better brands of weight-distributing hitches have a sway control function built-in to the weight distribution components, as opposed to the older...
by willthrill81
Thu Sep 24, 2020 8:54 pm
Forum: Personal Consumer Issues
Topic: Small Travel Trailer Advise needed
Replies: 29
Views: 1360

Re: Small Travel Trailer Advise needed

There are now battery-powered portable air conditioners although I don't have experience with one. But a generator to run the AC will only weight about 50lbs. The original Honda 2000s were notorious for not running most RV air conditioners, but the newer models with slightly more power, plus some u...
by willthrill81
Thu Sep 24, 2020 7:56 pm
Forum: Personal Consumer Issues
Topic: Small Travel Trailer Advise needed
Replies: 29
Views: 1360

Re: Small Travel Trailer Advise needed

OP, another vote for Casita or Scamp. Check out the Casita Freedom, the main dinette at the rear of the camper can stay down as a bed and you still have a small dinette with 2 captains chairs. New, this will run low to mid $20k, made in Texas near Dallas. https://casitatraveltrailers.com/freedom/ W...
by willthrill81
Thu Sep 24, 2020 7:54 pm
Forum: Investing - Theory, News & General
Topic: Myth's of international investing - Fidelity
Replies: 38
Views: 2620

Re: Myth's of international investing - Fidelity

I agree with others that the article is just abominable. In any given year, the best performing stock market is usually outside the US. So what? That doesn't mean that ex-U.S. in total is likely to outperform the U.S. in any given year. International diversification has historically improved risk-ad...
by willthrill81
Thu Sep 24, 2020 7:46 pm
Forum: Personal Consumer Issues
Topic: What is the single best piece of exercise equipment you bought for your home?
Replies: 242
Views: 14457

Re: What is the single best piece of exercise equipment you bought for your home?

Black iron pipe, elbow connectors, and flanges to make a pullup bar attached to the ceiling in my garage, about $50.
by willthrill81
Thu Sep 24, 2020 7:46 pm
Forum: Personal Consumer Issues
Topic: Annual oil changes a must? Car maintenance during these times
Replies: 56
Views: 3093

Re: Annual oil changes a must? Car maintenance during these times

In addition to physical degradation of oil (through the running of the engine), chemical degradation occurs over time no matter what, humidity & temperature fluctuations. One of my cars had 600 since I last changed the oil just about 52 weeks ago today. I will be changing it in the next 1-2 weekend...
by willthrill81
Thu Sep 24, 2020 7:43 pm
Forum: Personal Consumer Issues
Topic: Erasing everything off a computer? Any software?
Replies: 27
Views: 1523

Re: Erasing everything off a computer? Any software?

Software exists that can recover data from hard drives that have been reformatted several times. The only sure way to erase the data is to destroy the hard drive.
by willthrill81
Thu Sep 24, 2020 7:40 pm
Forum: Personal Consumer Issues
Topic: Small Travel Trailer Advise needed
Replies: 29
Views: 1360

Re: Small Travel Trailer Advise needed

My wife and I are retired. (me 70, wife 66). Thinking about buying a small travel trailer we can pull behind our 2016 Toyota Highlander. Highlander is rated for 5000 lbs tow capacity. I am having a difficult time determining the weight I can safely tow. Looks like 3000 to 3500 lbs? I am looking at ...
by willthrill81
Thu Sep 24, 2020 7:26 pm
Forum: Investing - Theory, News & General
Topic: Swenson's Yale Portfolio
Replies: 19
Views: 1410

Re: Swenson's Yale Portfolio

The first couple of paragraphs of the MarketWatch article are patently ridiculous. Yale University’s endowment, one of the largest in the U.S., posted a 6.8% investment return in the year ended June 30, a mediocre showing given the performance of U.S. stocks and bonds. Yale trailed both the S&P 500,...
by willthrill81
Thu Sep 24, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: Wellesley, "clones" and future prospects
Replies: 15
Views: 1572

Re: Wellesley, "clones" and future prospects

burritoLover wrote: Thu Sep 24, 2020 5:31 pm Just say no to active management
Active management per se is not a real problem. Higher costs are the real problem. Bogle was very open to active management as long as the costs were low. He kept a sizable portion of his portfolio in Wellington.
by willthrill81
Thu Sep 24, 2020 7:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 582
Views: 120012

Re: Vanguard's Wellesley Income fund is incredible

One thing that I don't like about Wellesley is that it doesn't have any inflation-protected component (as far as I know). Vanguard Target Retirement has about 17% short-term TIPS. TIPS didn't exist for the first 20+ years of the fund's history. The managers have apparently determined that they aren...
by willthrill81
Thu Sep 24, 2020 7:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 582
Views: 120012

Re: Vanguard's Wellesley Income fund is incredible

One thing that I don't like about Wellesley is that it doesn't have any inflation-protected component (as far as I know). Vanguard Target Retirement has about 17% short-term TIPS. TIPS didn't exist for the first 20+ years of the fund's history. The managers have apparently determined that they aren...
by willthrill81
Thu Sep 24, 2020 7:12 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

Another possibility is that you could use a liability matching portfolio (LMP) approach using I bonds and TIPS to cover your essential spending in retirement and everything else in stocks. Looks like a bucket strategy in a different disguise. Strategies that do not involve rebalancing between bucke...
by willthrill81
Thu Sep 24, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

Can someone explain how "Bellman's Principle of Optimality" proves anything in this scenario? Bellman's principle of optimality says that the optimal solution to any optimization problem must have a property called path independence. Informally, this means that if two retirees follow an optimal str...
by willthrill81
Thu Sep 24, 2020 7:09 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

His 'stop playing the game' saying makes it sound like stocks are little better than the craps table, which really irks me. I understand where you're coming from and I feel the same frustration about overly glib statements. But keep in mind Bernstein is a financial advisor who only deals with clien...
by willthrill81
Wed Sep 23, 2020 9:29 am
Forum: Personal Consumer Issues
Topic: Anyone Have A Solo Stove?
Replies: 24
Views: 2160

Re: Anyone Have A Solo Stove?

Is there anything I can do preemptively to lessen the chance of rust? Don't let it get wet. We store ours in our garage when we aren't using it, plus we live in an area with low humidity. We've had zero rust on it. It gets far too hot for you to oil it down, which would normally be a good means of ...
by willthrill81
Tue Sep 22, 2020 9:37 pm
Forum: Investing - Theory, News & General
Topic: [Professor Jeremy Siegel says 75/25 in retirement]
Replies: 87
Views: 9502

Re: [Professor Jeremy Siegel says 75/25 in retirement]

Humph. The cost of using this approach (investing in his funds) hasn't been mentioned. That haircut would give me pause. I moved to 60/40 for my sequence of returns risk period. Once I finish this critical period, I plan to glide to higher equities (maybe slowly glide back to the 90/10 that I held ...
by willthrill81
Tue Sep 22, 2020 9:35 pm
Forum: Personal Consumer Issues
Topic: Camping Lantern
Replies: 44
Views: 2246

Re: Camping Lantern

I bought one of these because it was on clearance at HomeDepot. Liked so much bought a second. A little expensive, but it's a tank. It's been bounced around and dropped and left in the rain and stood up to a gang of kids running around the campground with it on their bikes. I'm also not a fan of re...
by willthrill81
Tue Sep 22, 2020 9:17 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

If he was suggesting that those of traditional retirement age who have a retirement horizon likely not exceeding 30 years use a liability matching portfolio comprised of I bonds and TIPS for essential expenses and leave the rest in stocks, I'd have no problem with that. But I don't think that's wha...
by willthrill81
Tue Sep 22, 2020 8:46 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

I think the big problem with this is the "If you've already won, stop playing the game" theory. If you already have enough bonds to live out your life, why are you invested in stocks? If you don't have enough bonds to live out your life, do you really have the choice to not be investing in stocks? ...
by willthrill81
Tue Sep 22, 2020 8:42 pm
Forum: Personal Consumer Issues
Topic: Anyone Have A Solo Stove?
Replies: 24
Views: 2160

Re: Anyone Have A Solo Stove?

Is there anything I can do preemptively to lessen the chance of rust? Don't let it get wet. We store ours in our garage when we aren't using it, plus we live in an area with low humidity. We've had zero rust on it. It gets far too hot for you to oil it down, which would normally be a good means of ...
by willthrill81
Tue Sep 22, 2020 8:38 pm
Forum: Personal Investments
Topic: High Dividend for diversification
Replies: 42
Views: 2662

Re: High Dividend for diversification

There is no evidence to suggest high dividend strategies have higher total return than the total market. Consider this: if a business pays out a dividend, the business is now worth less (because they literally have less money) and the share price goes down by the amount of the dividend paid. To obs...
by willthrill81
Tue Sep 22, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: [Professor Jeremy Siegel says 75/25 in retirement]
Replies: 87
Views: 9502

Re: [Professor Jeremy Siegel says 75/25 in retirement]

From a safe withdrawal rate perspective, 75/25 has been on the upper end of the range with regard to stocks that historically supported a 4% safe withdrawal rate. Much higher than that, and the SWR was lower than 4%. That's just history of course, and I don't think that the 100+ years of data that w...
by willthrill81
Tue Sep 22, 2020 5:03 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

Future taxes are just as much of a liability as food and clothing, and a properly constructed LMP will account for that. As I noted above, inflation would, accordingly to current law, result in the incomes associated with the current tax brackets increasing accordingly, thereby offsetting the taxfl...
by willthrill81
Tue Sep 22, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4791
Views: 921357

Re: What's Your Credit Card Rewards Strategy?

All I've ever seen written is the "... spend $X within Y months..." We took out an American Airlines credit card from Barclay that only required that a purchase of any amount be made within a certain period of time to get 50k AA miles; I believe the annual fee was $95. It was a fantastic deal, and ...
by willthrill81
Tue Sep 22, 2020 3:56 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

Actually it is. Stock ownership can enjoy deferral of taxes on gains indefinitely, maybe forever, under current tax law. Muni bonds avoid taxation. Real Estate can appreciate with tax deferral/tax free. TIPS are bought to protect against inflation. Yet if we get that very inflation, on a large scal...
by willthrill81
Tue Sep 22, 2020 3:20 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

But with a large taxable account, there's the "taxflation" problem. If we get big inflation like we've seen after past debt buildups (after WW1, WW2 and Vietnam), taxes take a big chunk of that inflation protection. I think after WW2 when debt was similar to today (relative to GDP), we had like 50%...
by willthrill81
Tue Sep 22, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

Another possibility is that you could use a liability matching portfolio (LMP) approach using I bonds and TIPS to cover your essential spending in retirement and everything else in stocks. But with a large taxable account, there's the "taxflation" problem. If we get big inflation like we've seen af...
by willthrill81
Tue Sep 22, 2020 2:39 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

Another possibility is that you could use a liability matching portfolio (LMP) approach using I bonds and TIPS to cover your essential spending in retirement and everything else in stocks. But with a large taxable account, there's the "taxflation" problem. If we get big inflation like we've seen af...
by willthrill81
Tue Sep 22, 2020 2:34 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

Another possibility is that you could use a liability matching portfolio (LMP) approach using I bonds and TIPS to cover your essential spending in retirement and everything else in stocks.
by willthrill81
Tue Sep 22, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 66 , SS at 70 , Funding the Gap
Replies: 8
Views: 1086

Re: Retire at 66 , SS at 70 , Funding the Gap

The most robust means of doing this is to use the time value of money formula in a spreadsheet to determine how much you should withdraw from your portfolio each year until you begin taking SS, when your portfolio withdrawals will presumably shrink. This method was discussed in this thread: https://...
by willthrill81
Tue Sep 22, 2020 2:23 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

How did you come up with your desired asset allocation in the 1st place? It is hard to give an objective answer to this when the starting position itself is subjective. If you were comfortable at 50/50 equity/bonds when the market was making new highs, why would you suddenly be uncomfortable at 50/...
by willthrill81
Tue Sep 22, 2020 2:21 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 136
Views: 8390

Re: Never Ever Rebalance Bonds into Stocks?

During 2008-9, I came to the realization that in a Japan-type scenario, rebalancing a mature portfolio (I was age 49 then; I'm 60 now) from bonds into stocks might be a "Pascal's Wager". If you're wrong and stocks keeping going down for a long time, you effectively "flush" good money into bad money...
by willthrill81
Tue Sep 22, 2020 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score mystery
Replies: 26
Views: 1985

Re: Credit score mystery

Thanks. How about the FICO score provided by AMEX? Why is it still different from what lenders use? Your FICO score is not one thing. There are many different scores, each calculated for a different scenario. Your mortgage FICO may be different from your credit card FICO which may be different from...
by willthrill81
Tue Sep 22, 2020 1:47 pm
Forum: Personal Consumer Issues
Topic: Anyone Have A Solo Stove?
Replies: 24
Views: 2160

Re: Anyone Have A Solo Stove?

Yeah these fire pits are gimmicks. The heat from a fire come from radiation from coals. You dont get that from this. Interesting observations. It probably would radiate a lot better without the double-wall construction, but then it would lose the secondary burn effect for reducing smoke. I suspect ...
by willthrill81
Tue Sep 22, 2020 1:46 pm
Forum: Personal Consumer Issues
Topic: Solar - after 1 year the results are in.
Replies: 64
Views: 6728

Re: Solar - after 1 year the results are in.

.... It's really crazy to me that Hawaii, where electricity can be 50 cents / kWh, isn't 100% solar right now. Burning diesel to make electricity there seems insane. People have this crazy habit of wanting to turn their lights on at night. And run their fans and tvs and even A/C (at least in large ...
by willthrill81
Tue Sep 22, 2020 1:12 pm
Forum: Personal Consumer Issues
Topic: Solar - after 1 year the results are in.
Replies: 64
Views: 6728

Re: Solar - after 1 year the results are in.

Our cheapest super-off-peak during summer is 19 cents/KWh. 23 off peak. 43 peak (4-9pm). And that's for baseline usage, add about 7 cents/KWh if you use more than 130% of the 'baseline' which basically covers lights and a fridge. If you want to lower your peak rate there's a special plan where you ...
by willthrill81
Tue Sep 22, 2020 1:10 pm
Forum: Personal Consumer Issues
Topic: Trader Joe's Fans - good value?
Replies: 160
Views: 26189

Re: Trader Joe's Fans - good value?

We've been munching on TJ's dried mangoes and chili mangoes the last couple of days. The chili mangoes are particularly good. Our daughter likes the PB&J bars.

I'm still upset that they no longer carry bacon popcorn. :x
by willthrill81
Tue Sep 22, 2020 1:01 pm
Forum: Personal Consumer Issues
Topic: Hardwood floor furniture protectors - recommendations?
Replies: 9
Views: 954

Re: Hardwood floor furniture protectors - recommendations?

We've always used the felt pads with an adhesive side. They are very inexpensive and generally work well but do need to be periodically replaced.
by willthrill81
Tue Sep 22, 2020 12:59 pm
Forum: Personal Consumer Issues
Topic: Solar - after 1 year the results are in.
Replies: 64
Views: 6728

Re: Solar - after 1 year the results are in.

Our cheapest super-off-peak during summer is 19 cents/KWh. 23 off peak. 43 peak (4-9pm). And that's for baseline usage, add about 7 cents/KWh if you use more than 130% of the 'baseline' which basically covers lights and a fridge. If you want to lower your peak rate there's a special plan where you ...
by willthrill81
Tue Sep 22, 2020 12:28 pm
Forum: Personal Consumer Issues
Topic: stand up freezer for garage
Replies: 26
Views: 1501

Re: stand up freezer for garage

I can't seem to get Lowe's to call me back, so I am interested in hearing about dealers who actually follow up. Many retailers simply don't have enough staff right now, so this isn't an issue unique in any way to Lowe's. I would recommend actually visiting local retailers, including independent app...
by willthrill81
Tue Sep 22, 2020 12:25 pm
Forum: Personal Consumer Issues
Topic: Camping Lantern
Replies: 44
Views: 2246

Re: Camping Lantern

Why do people feel the need to illuminate the whole site? Some people don't seem to like wearing headlamps, at least all the time. Others just like the feel of a lit up space. But I agree that headlamps and flashlights are generally better means of lighting. They are much more energy efficient.
by willthrill81
Tue Sep 22, 2020 12:23 pm
Forum: Investing - Theory, News & General
Topic: Best Books for Complete Beginners
Replies: 22
Views: 1685

Re: Best Books for Complete Beginners

To be honest, unless the person wants to get into the investing 'weeds', no book is necessary. Buy a low-cost target date fund, and call it a day.
by willthrill81
Tue Sep 22, 2020 12:21 pm
Forum: Personal Consumer Issues
Topic: Solar - after 1 year the results are in.
Replies: 64
Views: 6728

Re: Solar - after 1 year the results are in.

However, the payback period in our area is 20+ years since we have some of the cheapest grid power in the nation at about 8 cents / kWh That's what I thought too with our 8¢/kWh standard rate, but then I noticed the time-of-use rates. Only summer on-peak rates were higher than the standard rate, an...
by willthrill81
Tue Sep 22, 2020 12:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe on CNBC about new book
Replies: 7
Views: 1417

Re: Larry Swedroe on CNBC about new book

As I posted in the other thread about this, it's impossible for stock picking to be worse now than in the past. Stock pickers must, gross of expenses, have the same return as the index. Trading costs are lower now, so the dollar-weighted-average stock picking strategy must be better than in the pas...