Not attempting to comment on the merit of cryptocurrency one way of another but did run across this ad on Craiglist.
2008 CHEVROLET TRAILBLAZER UT - $8961 (For sale at Lithia Toyota of Missoula on Dec 29)
https://missoula.craigslist.org/ctd/d/2 ... 65047.html
The dealer's web presence is https://www.lithiatoyotamissoula.com/
The ad states that they do accept cryptocurrency. I'll leave it to a greater mind than mine to ferret out what that really means.
Search found 333 matches
- Thu Jan 25, 2018 5:39 pm
- Forum: Investing - Theory, News & General
- Topic: Buy
- Replies: 199
- Views: 39589
- Fri Jan 12, 2018 8:45 am
- Forum: Personal Consumer Issues
- Topic: [Lightning rods for my house? Or too "old fashioned"?
- Replies: 32
- Views: 4351
Re: [Lightning rods for my house? Or too "old fashioned"?
Since we're on the topic of lightning, here's one more thing for homeowners to worry about. Flexible Gas Lines a Possible Fire Hazard "Elizabeth George of Fishers, Ind., never gave much thought to her natural gas lines until lightning struck her neighbor's house in June and it burned to the ground. One month later, George's house nearly suffered the same fate when lightning struck her house but didn't catch it on fire. Now her gas lines are foremost in her mind. "Every time we hear about a storm, we've got to worry about it," she says. "It's terrible that we have to live like this." That's because both George and her neighbor have gas lines made of Corrugated Stainless Steel Tubing, or CSST. It isn't the biggest fir...
- Wed Nov 08, 2017 8:29 pm
- Forum: Personal Consumer Issues
- Topic: water filter for a home
- Replies: 36
- Views: 5705
Re: water filter for a home
There is a local radio ad that runs all the time for a water filter system. "Get a water filter system or be one ..." I heard it several times before it sunk in. Not sure I buy it, but it is a thought provoking ad line. :wink: Turn on the tap and just let it run down the drain -- cut out the middle wo[man]. So concerning living in a developed area and not being able to trust the very water you drink. Not a uniquely first-world problem tho is it? Anecdotally we lived in a rental for several years that was on a private well. The well water was undrinkable even after iron filtration and UV-light treatment. We had Culligan water delivery for years. Know of folks across town that punched in three wells. All produced sulfured water at ...
- Sun Oct 01, 2017 11:10 am
- Forum: Personal Consumer Issues
- Topic: How to get rid of thistle
- Replies: 10
- Views: 1639
Re: How to get rid of thistle
Depends on the kind of thistle that you are dealing with.
Tap root kinds of thistle (bull thistle, musk thistle, etc.) can generally be controlled by mowing or even hand pulling. Chemical application is rarely needed.
Rhizome types of thistle like the dreaded Canada thistle actually thrive when mowed or pulled. Best treatment is with your regionally preferred herbicide.
Find out what you actually have and contact your county weed management representative for advice.
We had a patch of Canada thistle that was so thick it had to be mowed then sprayed. No other way to assure consist application of herbicide. Interesting to note that once mowed but before herbicide application, our horses went wild over the cut thistle -- go figure.
Tap root kinds of thistle (bull thistle, musk thistle, etc.) can generally be controlled by mowing or even hand pulling. Chemical application is rarely needed.
Rhizome types of thistle like the dreaded Canada thistle actually thrive when mowed or pulled. Best treatment is with your regionally preferred herbicide.
Find out what you actually have and contact your county weed management representative for advice.
We had a patch of Canada thistle that was so thick it had to be mowed then sprayed. No other way to assure consist application of herbicide. Interesting to note that once mowed but before herbicide application, our horses went wild over the cut thistle -- go figure.
- Wed Apr 20, 2016 4:35 pm
- Forum: Investing - Theory, News & General
- Topic: Did Rick Ferri sell his firm?
- Replies: 21
- Views: 9324
Re: Did Rick Ferri sell his firm?
Why don't you PM Rick and ask him
memberlist.php?mode=viewprofile&u=359
memberlist.php?mode=viewprofile&u=359
- Thu Dec 31, 2015 7:11 am
- Forum: Personal Consumer Issues
- Topic: Home Brewers: Where do you brew?
- Replies: 6
- Views: 939
Re: Home Brewers: Where do you brew?
Years ago I did my boil on the kitchen stove. After numerous complaints from the management (DW) about the condensation running down the windows I moved the operation to the garage. I had a nice setup. Kept all my supplies in stackable sealable totes and would setup on a Costco folding table. I used a 80k BTU propane burner under the boil pot. One day I was attending a boil, sitting on a bar stool next to the setup. My vision became hazy. I stood up and my vision cleared. I sat down - hazy again. What had happened was that I was creating my own weather. Seated, my head was in a "cloud". I hit the button to raise the garage door (the door was already cracked slightly to allow ventilation for the burner) and as soon as the warm mois...
- Wed Oct 07, 2015 8:16 am
- Forum: Personal Finance (Not Investing)
- Topic: Visa card problems at Walgreens
- Replies: 22
- Views: 4482
Re: Visa card problems at Walgreens
I frequently get read errors with my card at Safeway. They solve the problem by putting my card in a plastic Safeway bag and running it thru the reader. Who'd a thunk
- Tue Dec 09, 2014 9:37 pm
- Forum: Personal Finance (Not Investing)
- Topic: Have you ever been let go?
- Replies: 74
- Views: 9306
Re: Have you ever been let go?
After the high fashion rag delivery dude gig I finally landed a "real" IT job working for a government agency in a windowless basement office that was maintained at a constant 58 degrees. Eighteen blissful months into it management called an all hands meeting where we were all assembled in a large auditorium. The executive officer announced that there was bad news and good news. The bad news first: we were all fired. The good news: we all had jobs, if we wished, with the facilities management company that was taking over operations effective immediately. Merit system services rules be damned. The night before I had gone to bed in the employ of a sleepy government agency only to awake the next morning on the payroll of a fortune 10...
- Tue Dec 09, 2014 9:35 am
- Forum: Personal Finance (Not Investing)
- Topic: Have you ever been let go?
- Replies: 74
- Views: 9306
Re: Have you ever been let go?
After the gas station gig landed a job making delivers for a series of women's high fashion boutiques. Working the back room at the fashion shows, having half clad, ahem, frenzied older women screaming at you "Zed, where did you put my dress?". You get used to the pressure I loved that job.
Got canned when I returned the van one afternoon with a big scrape down the drivers side. I'm legally blind in my left eye. They didn't ask, I didn't tell.
I'm retired now post 30+ successful years in IT were I wore a lot of different hats. Believe me, getting canned from a position in your chosen vocation sucks but it's not the worse thing that can happen to you.
Got canned when I returned the van one afternoon with a big scrape down the drivers side. I'm legally blind in my left eye. They didn't ask, I didn't tell.
I'm retired now post 30+ successful years in IT were I wore a lot of different hats. Believe me, getting canned from a position in your chosen vocation sucks but it's not the worse thing that can happen to you.
- Tue Dec 09, 2014 9:03 am
- Forum: Personal Finance (Not Investing)
- Topic: Have you ever been let go?
- Replies: 74
- Views: 9306
Re: Have you ever been let go?
In the early 80s I was struggling to find my first "real" IT job. To support myself I took a job working at a Hudson gas station in south Phoenix. After a month I was fired for "stealing" because the day-end tallies keep coming up short. Too many drive offs and scammers who would argue that the pumps were wrong - for some odd reason the gas was metered in liters not gallons. I found out some time later that an attendant was stabbed in a robbery attempt.
I'm retired now post 30+ successful years in IT were I wore a lot of different hats. Believe me, getting canned sucks but it's not the worse thing that can happen to you.
I'm retired now post 30+ successful years in IT were I wore a lot of different hats. Believe me, getting canned sucks but it's not the worse thing that can happen to you.
- Fri Nov 21, 2014 8:51 am
- Forum: Personal Finance (Not Investing)
- Topic: Pension buyout offer - Accept or reject
- Replies: 46
- Views: 12097
Re: Pension buyout offer - Accept or reject
Interesting thread. I'm curious as to whether the OP was offered a third option; starting her/his pension payout before age 65. OP and I are about the same age, worked for the same employer, although I for only about half as long. Mid September I received a pension buyout offer from megacorp. The three options were 1) do nothing (ie stay with the original pension payout starting at 65), 2) lump sum payout or 3) early pension payout starting at 55. Crunching the numbers we determined that the lump sum offered was about a 30% haircut as compared to a SPIA I could buy today, a non-starter for me. The early pension payout starting at 55 however looked very attractive in that it represented a 8.5% return on the lump sum. We completed the paperwo...
- Thu Oct 16, 2014 6:28 am
- Forum: Personal Finance (Not Investing)
- Topic: Retired, my viewpoint has changed again.
- Replies: 22
- Views: 4196
Re: Retired, my viewpoint has changed again.
I c (or at least used to)bpp wrote:Maybe time to change your username from "malloc" to "free"?malloc wrote:Someone (Suzy O?) referred to money as freedom. That is what I have to remember. I have the freedom to relax and not be encumbered by day to day worries. I should not look inward and "small", but outward and explore all that is possible.
It should be fun.
- Sat Oct 04, 2014 7:10 am
- Forum: Personal Finance (Not Investing)
- Topic: Pension buyout...take annuity now or later?
- Replies: 22
- Views: 4911
Re: Pension buyout...take annuity now or later?
Use the search tool to look for posts from g$$. Here's a good place to start
http://www.bogleheads.org/forum/viewtop ... 1&t=129811
http://www.bogleheads.org/forum/viewtop ... 1&t=129811
- Fri Oct 03, 2014 7:54 am
- Forum: Personal Finance (Not Investing)
- Topic: Would you buy a house in cash if you had enough?
- Replies: 59
- Views: 9781
Re: Would you buy a house in cash if you had enough?
Haven't read the entire thread so apologize if this was brought up already ... consider looking at your SWR (ie the burn down rate of your ENTIRE portfolio) with and without the mortgage. Every situation is unique but FWIW in my situation paying cash with funds taken from my portfolio actually reduced by SWR by half a percent and significantly increased the of years the portfolio will last. Reducing living expenses in retirement has a powerful multiplying effect.
Not retired? Perhaps the outcome of these calculations might make it possible.
Not retired? Perhaps the outcome of these calculations might make it possible.
- Thu Oct 02, 2014 8:20 am
- Forum: Investing - Theory, News & General
- Topic: What SWR/expense multiple to use for early retirement plan?
- Replies: 76
- Views: 15224
Re: What SWR/expense multiple to use for early retirement pl
I early retired last fall at age 53. With income streams from DW's SS, my early pension draw, a small drawdown from after tax investments, taking advantage of ACA subsidies and by reducing living expenses by buying rather than renting; our SWR is well south of 2%. It's complicated but best to look at how all of the pieces work together.
YMMV
YMMV
- Mon Sep 29, 2014 12:59 pm
- Forum: Personal Consumer Issues
- Topic: Verizon to Page Plus - documenting my experience
- Replies: 64
- Views: 13872
Re: Verizon to Page Plus - documenting my experience
Thanks for sharing the link. Curious how the UNLIMITED talk/text cards work. They don't mention a time limit like many of the bucket of minutes cards do.SpringMan wrote:Kitty has raised its fee on the $10 / 100 minute plan (and other plans) to $3.00 starting in September. I have used them when the fee was .75 for a total of $10.75. Three bucks does not break the bank but there are other Page Plus sellers out there. Here is one that says no fees. No experience with them but I may use them when I renew.
http://www.mysupplyworld.com/Page-Plus- ... -s/748.htm
- Mon Sep 29, 2014 7:44 am
- Forum: Personal Consumer Issues
- Topic: Verizon to Page Plus - documenting my experience
- Replies: 64
- Views: 13872
- Sun Sep 28, 2014 10:43 am
- Forum: Personal Consumer Issues
- Topic: Verizon to Page Plus - documenting my experience
- Replies: 64
- Views: 13872
Re: Verizon to Page Plus - documenting my experience
My mom is still on Verizon paying about $40 a month for 750 minutes. Those minutes are overkill. I'd like to switch her to a cheaper plan AND be able to port her off-contract Verizon old flip phone. No way she'll use a smartphone. Is PP an option for her? She uses max 200 minutes a month.
- Fri Sep 26, 2014 6:08 pm
- Forum: Investing - Theory, News & General
- Topic: Bill Gross moving from PIMCO to Janus, Monday
- Replies: 119
- Views: 17226
Re: Bill Gross moving from PIMCO to Janus, Monday
Bill Gross has billions yet he still wants to roll out of bed every morning and don that suit and tie.
Why does he do it? What makes the man tick?
Maybe he's been reading Kingsley. Notable quote:
"We act as though comfort and luxury were the chief requirements of life, when all we need to make us really happy is something to be enthusiastic about"
credits: Thanks nisi
Why does he do it? What makes the man tick?
Maybe he's been reading Kingsley. Notable quote:
"We act as though comfort and luxury were the chief requirements of life, when all we need to make us really happy is something to be enthusiastic about"
credits: Thanks nisi
- Fri Sep 26, 2014 1:44 pm
- Forum: Personal Finance (Not Investing)
- Topic: Retiree Portfolio Model
- Replies: 1809
- Views: 547454
Re: Retiree Portfolio Model
BigFoot48,
Think multi-media. When are you going to post youtube videos on using the modeler
Think multi-media. When are you going to post youtube videos on using the modeler
- Fri Sep 26, 2014 8:39 am
- Forum: Investing - Theory, News & General
- Topic: Bill Gross moving from PIMCO to Janus, Monday
- Replies: 119
- Views: 17226
Re: Bill Gross moving from PIMCO to Janus, Monday
The Smartest Guy's In The Room Redux?
I fired Janus after the Enron flame out. Boy can I hold a grudge.
I fired Janus after the Enron flame out. Boy can I hold a grudge.
- Tue Sep 23, 2014 6:08 pm
- Forum: Personal Finance (Not Investing)
- Topic: Lump Sum Offer
- Replies: 25
- Views: 4809
Re: Lump Sum Offer
On a previous post 2CENTS2 asks if spreadsheet formulas are available from ZED - personally I think it would be a positive enhancement to the forum if we could attach documents in certain cases - but I know there are virus concerns - but other forums allow it and so there must be a way to screen the attachments - maybe a moderator or some of our computer gurus could weigh in . Sorry for the diversion from topic . Would be happy to share the spreadsheet by uploading to my dropbox account and publishing the link. The danger with anything from me is not so much spreading a virus but rather the danger that my logic and/or formulas are wrong :oops: Also it wasn't my intent to hijack BFG's thread. So if starting a new thread would be better I'd ...
- Wed Sep 17, 2014 11:13 am
- Forum: Personal Finance (Not Investing)
- Topic: Lump Sum Offer
- Replies: 25
- Views: 4809
Re: Lump Sum Offer
Barefootgirl,
A lot of great suggestions here. I'm considering a pension buyout offer as well. The options sound similar to your situation. Suggest that you put together a spreadsheet and plug in the numbers from your pension buyout offer and from a comparable SPIA. I found doing so helpful as it dispelled several preconceived notions that I had held. Doing so also allowed me to try several what-if scenarios. Here's my attempt at same.
Some will find exception with comparing a cash stream (an annuity) to an investment. So be it.
I hope you find this helpful.
A lot of great suggestions here. I'm considering a pension buyout offer as well. The options sound similar to your situation. Suggest that you put together a spreadsheet and plug in the numbers from your pension buyout offer and from a comparable SPIA. I found doing so helpful as it dispelled several preconceived notions that I had held. Doing so also allowed me to try several what-if scenarios. Here's my attempt at same.
Some will find exception with comparing a cash stream (an annuity) to an investment. So be it.
I hope you find this helpful.
- Tue Sep 16, 2014 2:26 pm
- Forum: Investing - Theory, News & General
- Topic: Why do so many think their home is a foolproof investment?
- Replies: 125
- Views: 11182
Re: Why do so many think their home is a foolproof investmen
What really blows my mind is the inanity of the repeated posts on this topic. Forget about whether a house can be considered an investment. Any further thoughts I could possibly provide here would be the equivalent of shooting a toy water pistol at a forest fire. I think the far more interesting question is why does the original poster or the armies of others care? You've clearly made up your mind, being far superior to the army of unenlightened lemmings throwing all their money at overlevered houses in their never ending effort to keep up with the Joneses. And of course all ofthis under the illusion of financial prudence given the can't lose nature of housing. That's quite a fire, and my toy water pistol doesn't stand a chance. +1 "....
- Sun Sep 14, 2014 10:09 am
- Forum: Investing - Theory, News & General
- Topic: Could you sleep with all your money in Berkshire Hathaway?
- Replies: 66
- Views: 11322
Re: Could you sleep with all your money in Berkshire Hathawa
I voted no.
full disclosure: I own one share of BRK.B which entitles me to an 8% discount on my auto insurance.
full disclosure: I own one share of BRK.B which entitles me to an 8% discount on my auto insurance.
- Sat Aug 09, 2014 6:59 pm
- Forum: Personal Investments
- Topic: Start all over at 63 years of age?
- Replies: 23
- Views: 4978
Re: Start all over at 63 years of age?
Got it.dratkinson wrote:Just a hopeful WAG targeted to about 2 years hence.zed wrote:...
A sound approach. But please explain your rationale for DCA by Nov 2016
See Ferri's article for more action steps/rationale.
4 Rules for Investing a Lump Sum: http://www.rickferri.com/blog/investmen ... -lump-sum/
Different subject, Jim Otar advocates rebalancing a portfolio at the end of a presidential election year (eg Nov 2016) which led to my question. The mind is always looking for correlations
- Sat Aug 09, 2014 2:32 pm
- Forum: Personal Investments
- Topic: Start all over at 63 years of age?
- Replies: 23
- Views: 4978
Re: Start all over at 63 years of age?
Bogleheads Investment Philosophy: http://www.bogleheads.org/wiki/Bogleheads_Investment_Philosophy Cash. Think I'd be tempted to keep as cash (initially) 7 years of living expenses (63-70) and plan to take SS at 70. And for every year I was still employed, convert that year's cash to investment. Bonds. For a conservative investor: "age in bonds". So 63% of total portfolio in your case. Can use lower bond allocation if you know you have a higher risk tolerance. The 40/60 portfolio is reported to last longest in retirement. Your choice. International stocks. The recommendation is 20-40% of equities: assume 30%. So 11% of total portfolio in your case ((100-63)x30%=11%). Bogle doesn't recommend international stocks. Your choice. Above...
- Sun Jun 29, 2014 5:03 pm
- Forum: Personal Finance (Not Investing)
- Topic: Home Appraisal Comps
- Replies: 12
- Views: 1346
Re: Home Appraisal Comps
When I'm looking in our MLS system it shows the sales price and the down payment. Since the State has certain title transfer taxes the selling price has to be accurate. The only thing that gets hidden is the Sellers contribution to buyers closing costs. I'll often ask for the seller to contribute 2% to the closing costs. The house will still be recorded as selling for X but the buyers are really paying X-2%. When you say "I'll often ask..." what position are you in? Agent? Buyer? I'm not sure I understand the purpose of doing this. I'm an Agent so when I say ask I'm referring to negotiating for my buyers. Generally an appraiser will use Comps taken from MLS to help determine value. I was just suggesting that the sales prices, in ...
- Mon Jun 23, 2014 8:04 am
- Forum: Personal Finance (Not Investing)
- Topic: It is time to retire when you .......
- Replies: 104
- Views: 14775
Re: It is time to retire when you .......
... finally use up that box of employer-supplied staples
- Sat Jun 14, 2014 8:12 am
- Forum: Personal Consumer Issues
- Topic: What smartphone plan do you use?- off contract
- Replies: 100
- Views: 10580
Re: What smartphone plan do you use?- off contract
I have been evaluating Republic Wireless for the last few weeks.
Http://www.mrmoneymustache.com/2014/05/ ... vs-moto-g/
I'd been resistant to going with a smartphone until I got the moto g.
Encountered only one quirky problem with receiving calls while roaming but am generally satisfied with the offering. Here's a description of the problem.
Https://community.republicwireless.com/ ... 928#161928
Hope this helps
Http://www.mrmoneymustache.com/2014/05/ ... vs-moto-g/
I'd been resistant to going with a smartphone until I got the moto g.
Encountered only one quirky problem with receiving calls while roaming but am generally satisfied with the offering. Here's a description of the problem.
Https://community.republicwireless.com/ ... 928#161928
Hope this helps
- Fri Jun 13, 2014 7:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: How to pay ZERO taxes in retirement with 6-figure expenses
- Replies: 224
- Views: 179914
- Fri Jun 13, 2014 11:17 am
- Forum: Personal Investments
- Topic: Mortgages/Black Swans/Larry Portfolio/Antifragility
- Replies: 27
- Views: 2726
Re: Mortgages/Black Swans/Larry Portfolio/Antifragility
Seems to me that the fragility comes in at a) owning a fractional share of real estate (your equity) and b) being on the hook for the mortgage (your liability.) Paying cash for the house is off the table so I think your real concern is not being able to make the mortgage payment should you become unemployed or even worse being unemployed and having to sell the house when your upside down.
Not seeing how shifting your asset allocation around mitigates those risks.
Not seeing how shifting your asset allocation around mitigates those risks.
- Fri Jun 13, 2014 10:27 am
- Forum: Personal Investments
- Topic: Mortgages/Black Swans/Larry Portfolio/Antifragility
- Replies: 27
- Views: 2726
Re: Mortgages/Black Swans/Larry Portfolio/Antifragility
Your logic is based on the premise that there is a strong and consistent correlation between residential real estate valuations and equity valuations. Is there?
full disclosure: I'm a happy renter but would buy again if the deal penciled out
full disclosure: I'm a happy renter but would buy again if the deal penciled out
- Sat Jun 07, 2014 8:35 am
- Forum: Personal Consumer Issues
- Topic: Mistake: extra dirt
- Replies: 24
- Views: 3346
Re: Mistake: extra dirt
Maybe they just want to forget about it.
One time I had stopped in at a big-box home improvement center to purchase several sheets of Hardiboard to use as an underlayment for a tile floor. I paid for 30 sheets and they used a forklift to load the banded bundle onto my truck. I got home to find that they actually gave me 50 sheets. I unloaded the 30 sheets I needed (very heavy stuff too) and drove back to the store. They seemed 1) genuinely annoyed to have to manually unload 20 sheets of Hardiboard and 2) confused as to why I didn't want a refund for the return. Sheez!
PS
My Mama used to say that we'll all eat a pound of dirt in this life.
One time I had stopped in at a big-box home improvement center to purchase several sheets of Hardiboard to use as an underlayment for a tile floor. I paid for 30 sheets and they used a forklift to load the banded bundle onto my truck. I got home to find that they actually gave me 50 sheets. I unloaded the 30 sheets I needed (very heavy stuff too) and drove back to the store. They seemed 1) genuinely annoyed to have to manually unload 20 sheets of Hardiboard and 2) confused as to why I didn't want a refund for the return. Sheez!
PS
My Mama used to say that we'll all eat a pound of dirt in this life.
- Tue Jun 03, 2014 8:04 am
- Forum: Personal Investments
- Topic: Is schwab good?
- Replies: 13
- Views: 1711
Re: Is schwab good?
I don't have an account with them anymore but at one time I held a hodgepodge of individual stocks at Schwab. Then one day my Schwab broker mentioned in passing Vanguard index funds. The rest (including my holdings at Schwab) is history.
- Sat May 17, 2014 8:10 am
- Forum: Personal Consumer Issues
- Topic: New Google Moto-E smartphone for $129
- Replies: 42
- Views: 5867
Re: New Google Moto-E smartphone for $129
Slightly off topic
Republic Wireless becomes 50% More Frugal with the Moto G: A Review
Http://www.mrmoneymustache.com/2014/05/ ... vs-moto-g/
Republic Wireless becomes 50% More Frugal with the Moto G: A Review
Http://www.mrmoneymustache.com/2014/05/ ... vs-moto-g/
- Thu May 08, 2014 8:15 am
- Forum: Personal Finance (Not Investing)
- Topic: Why am i stressed after being laid off? (3yr expenses saved)
- Replies: 15
- Views: 3554
Re: re: COBRA
Good ideas. Also with little income you could be eligible for substantial ACA subsidies ( healthcare.gov )davebarnes wrote:Look at a regular, on the market, health insurance policy.
A high deductible, HSA plan may be a lot less expensive than COBRA.
- Thu May 08, 2014 8:08 am
- Forum: Personal Finance (Not Investing)
- Topic: Why am i stressed after being laid off? (3yr expenses saved)
- Replies: 15
- Views: 3554
Re: Why am i stressed after being laid off? (3yr expenses sa
It hasn't gone anywhere. Pick your favorite corp and look at their balance sheet. A lot of corporations are sitting huge cash reserves.burt wrote:Yes, I think it is normal to be stressed after a layoff. Fear of the future. Fear of the unknown.
I've been there. Laid off twice within 5 years.
I remember losing my youthful optimism during those times. It never really came back.
Remember, you can't prevent the attack....only your response to it.
Good Luck.
edit:
I guess we are supposed to accept lay offs for the improvement of shareholder value.
However..... I haven't seen that either. Where is the money going ?
burt
- Sun May 04, 2014 7:02 am
- Forum: Investing - Theory, News & General
- Topic: Delay Social Security to age 70 and Spend more money at 62
- Replies: 203
- Views: 74966
Re: Delay Social Security to age 70 and Spend more money at
Very clever strategyProfessor Emeritus wrote:Perhaps I can throw another stick on the fire. I have a term life insurance policy that ends at age 72 when DW would be 70. I bought it to protect DW because I was taking a "my life" only option on my DB pension. However it is also sized to roughly replace the retirement funds that would be consumed by my deferring SS. This eliminates the noxious "well what happens if you get hit by a truck at age 68 while deferring" argument. I have at modest cost fully insured against that rare event. my insurance will replace the funds I spent. Both DW and I are close to SS max on our own accounts.
.
- Fri Apr 25, 2014 7:59 am
- Forum: Personal Finance (Not Investing)
- Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
- Replies: 163
- Views: 50094
Re: Tell Me I'm Stupid To Consider Quitting My Job and Movin
Lots of good thoughs being shared.
Regarding Montana specifically,
- jobs, unless its oil-related, there aren't any
- housing, for fly-over country, housing is relatively expensive
Peruse this forum
http://www.city-data.com/forum/bozeman/
full disclosure: "Retired" to western Montana three years ago
Regarding Montana specifically,
- jobs, unless its oil-related, there aren't any
- housing, for fly-over country, housing is relatively expensive
Peruse this forum
http://www.city-data.com/forum/bozeman/
full disclosure: "Retired" to western Montana three years ago
- Sat Apr 19, 2014 7:28 am
- Forum: Personal Investments
- Topic: Oh No! My Tilt has untilted!
- Replies: 15
- Views: 3299
Re: Oh No! My Tilt has untilted!
+1JoMoney wrote:I love your posts nedsaid, most of your experiences hit home for me. The humor is also appreciated, your signature block anti-proverb of "A fool and his money are good for business." makes me smile every time I read it.nedsaid wrote:...Having taken stands on such things as value and small cap tilting, dividend investing, momentum investing, individual stocks, etc., I have pointed out the virtues and pitfalls of these approaches. It probably makes me sound wishy-washy. That is one reason I chose the Charlie Brown avatar. And I honestly express the emotional angst and the doubts that I experience. I try to inject a bit of humor as well.
- Sat Apr 19, 2014 6:36 am
- Forum: Personal Investments
- Topic: Bernstein retirement plan
- Replies: 41
- Views: 9678
Re: Bernstein retirement plan
Bernstein himself believes your retirement has a 20% chance of being disrupted by something you can't control (you know Nuclear War, the dissolution of the US, etc) so there is no point choosing a withdrawal plan with a higher probability of success than that. (http://www.efficientfrontier.com/ef/101/hell101.htm). If a 4% SWR has a 95%+ chance of success using historical data, why do I need to do something with an even HIGHER chance of success like a 3% withdrawal rate or having 25X spending in cash etc? EmergDoc, The reference you cited makes a strong argument for the existence of sequence of return risk. But I'm having trouble following your assertion that an 80% success rate is the best one could shot for based on Bernsteins apocalyptic...
- Fri Apr 18, 2014 8:17 am
- Forum: Personal Investments
- Topic: Bernstein retirement plan
- Replies: 41
- Views: 9678
Re: Bernstein retirement plan
Same here. I believe what we're talking about is Dr B's Liability Matching Portfolio concept.Dandy wrote:I don't manage 2 separate portfolios but always do the calculation to make sure I have enough "safe" assets to fund 20-25 years of residual expenses. I am fortunate to have a decent "excess" over those "safe" assets. I don't know what I would do if my total assets were very close to 25 years residual expenses.
IIRC, LMP ideally would be in the 20-25 range.
For me, LMP is not so much a seperate portfolio but rather a portfolio within my 50/50 -ish asset allocation portfolio.
Not sure if that was Dr B's intent but thats how it penciled out for me
- Mon Apr 14, 2014 6:56 am
- Forum: Investing - Theory, News & General
- Topic: gold , silver, copper and uranium only
- Replies: 46
- Views: 5645
Re: gold , silver, copper and uranium only
Holding all four in large quantities makes one a target for UN sanctions
- Wed Mar 12, 2014 7:51 am
- Forum: Investing - Theory, News & General
- Topic: William Bernstein-When you've won the game, why keep playing
- Replies: 280
- Views: 58828
Re: William Bernstein-When you've won the game, why keep pla
+1YDNAL wrote:bengal22 wrote:I think the whole concept of "won the game" is nonsensical. Why would you not want to continue to grow your portfolio at a risk that is acceptable to you. Taking one's money off the table is a risk in itself. I for one will stay in the game until I breathe my last.Have you read THIS ?Parker wrote:If you felt comfortable with stock and real estate fluctuations result in higher overall returns in your accumulation phase why would that change in your distribution phase if you have over 5 years of living expenses in bonds/cash?
Landy, thanks for sharing
- Sun Mar 09, 2014 8:00 am
- Forum: Personal Consumer Issues
- Topic: New York TImes/WSJ [paper vs. online subscriptions]
- Replies: 40
- Views: 4201
Re: New York TImes/WSJ
On some sites its a matter of disabling java scriptBarefootgirl wrote:Hi, thanks - can I ask how you view for free? after a few articles, they block me until I pay.
thanks BFG
- Thu Mar 06, 2014 7:46 am
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard App on Kindle Fire
- Replies: 2
- Views: 741
Re: Vanguard App on Kindle Fire
FWIW I'm running the Vandguard app just fine on a Samsung tablet. Perhaps your issue is unique to Amazons port to android ie kindle.
- Wed Feb 12, 2014 8:55 am
- Forum: Personal Finance (Not Investing)
- Topic: Tips for making iPhone apps
- Replies: 13
- Views: 1860
Re: Tips for making iPhone apps
FWIW, I'm currently enjoying this course: Creative, Serious and Playful Science of Android Apps This course introduces the fundamental computer science principles that power today’s apps. You will also learn to create your own Android app using Java and standard software development tools. ... This course is a novice-friendly and delightful introduction to computer science and programming Android-apps for smart-phones and tablets. No prior programming knowledge is necessary. In this course you'll have fun learning to create an app for modern Android devices such as the Nexus tablet. You'll use the programming tools that Android software developers use and build a complete and useful app during this course. Along the way, we'll introduce fun...
- Tue Feb 11, 2014 9:31 am
- Forum: Personal Finance (Not Investing)
- Topic: Retiring...where to draw from first
- Replies: 7
- Views: 1871
Re: Retiring...where to draw from first
All excellent advice. Especially Peter Foley's suggestion of having a written plan going a few years out -- not just for your benefit but also for your spouse.
Another dimension to consider is the PF exercise but running the number as if one or the other spouse predeceases the other. Going from Married Filed Jointly to Single has a huge impact on anticipated income stream(s), marginal tax rates and by extension, strategy.
Another dimension to consider is the PF exercise but running the number as if one or the other spouse predeceases the other. Going from Married Filed Jointly to Single has a huge impact on anticipated income stream(s), marginal tax rates and by extension, strategy.
- Fri Feb 07, 2014 4:47 pm
- Forum: Investing - Theory, News & General
- Topic: Wealthfront's tax lost harvesting claims not quite accurate
- Replies: 10
- Views: 3305
Re: Wealthfront Tax Loss Harvesting White Paper
neurosphere ,
You beat me to the punch!
You beat me to the punch!