Search found 383 matches

by Hyperborea
Sat Dec 16, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: Beefy Brothy Stocky Thing Advice
Replies: 22
Views: 2280

Re: Beefy Brothy Stocky Thing Advice

I usually add a few ribs of celery not just the leaves so more than a few leaves. The left over can go into salads or be cut up as a side to go with a sandwich at lunch. Be sure to skim off the scum that come to the surface near the beginning of the simmer. Add water during the process if the level ...
by Hyperborea
Thu Dec 14, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: ESPP - Would you participate and what's your strategy
Replies: 24
Views: 1536

Re: ESPP - Would you participate and what's your strategy

The question becomes after 6 months to sell and pocket the difference or wait another 6 months to get LTCG if in gain position. The rules for it turning the gains into LTCG are a bit more complex than that. Depending on how the plan is set up it may take 18 months after the end of 6 month purchase ...
by Hyperborea
Wed Dec 13, 2017 7:46 pm
Forum: Personal Consumer Issues
Topic: Virtual Mailbox / Mail Scan Service
Replies: 12
Views: 925

Re: Virtual Mailbox / Mail Scan Service

I found a good long thread (been going for 9 years) on mail forwarding services over on FlyerTalk - https://www.flyertalk.com/forum/travel-technology/767081-mail-forwarding-services.html There was a bit of negative experience with Travelling Mailbox and their processing center isn't in California so...
by Hyperborea
Tue Dec 12, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: US Credit Cards When Living Outside the US
Replies: 0
Views: 150

US Credit Cards When Living Outside the US

I have a number of US credit cards that I would like to keep when I move out of the US next year. I have been planning on using a virtual mailbox / mail scan and forward service and giving that address to the card companies. I already have all billing and general correspondence done online so the am...
by Hyperborea
Mon Dec 11, 2017 6:35 pm
Forum: Personal Consumer Issues
Topic: Sous Vide?
Replies: 64
Views: 8914

Re: Sous Vide?

I've got a big batch of ribs in the sous vide bath right now (3 racks) sitting in the garage. I'm using a Gourmia GSV140 . I like the fact that it's got a bit more wattage than the other home immersion cookers. It's 1200 watts and that allows it to bring the water up to temperature much quicker than...
by Hyperborea
Mon Dec 11, 2017 6:06 pm
Forum: Personal Consumer Issues
Topic: Virtual Mailbox / Mail Scan Service
Replies: 12
Views: 925

Re: Virtual Mailbox / Mail Scan Service

OP, perhaps you should be a bit more concerned about the California Franchise Tax Board chasing you around the world, US resident or not. The FTB is VERY hard-line on these things. Maybe reconsider the California address thing. The no income tax states such as Washington and Nevada and Florida are ...
by Hyperborea
Mon Dec 11, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Virtual Mailbox / Mail Scan Service
Replies: 12
Views: 925

Re: Virtual Mailbox / Mail Scan Service

Have you looked at the full consequences of having a California address? California has a very assertive tax collection bureau. Even if you wouldn't owe any taxes, you may find yourself spending a few hours each year convincing the state of California that you do not owe any taxes. A California add...
by Hyperborea
Mon Dec 11, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: Virtual Mailbox / Mail Scan Service
Replies: 12
Views: 925

Re: Virtual Mailbox / Mail Scan Service

UPS store doesn't scan and forward though. Sounds ok if you will be semi-regularly physically near the mail drop location. I will have no physical address though I don't plan on opening any new accounts so hopefully no verification is needed. I will, if possible, just change the mailing address. I w...
by Hyperborea
Mon Dec 11, 2017 1:58 pm
Forum: Personal Consumer Issues
Topic: Virtual Mailbox / Mail Scan Service
Replies: 12
Views: 925

Virtual Mailbox / Mail Scan Service

I'm looking into using a virtual mailbox / mail scan and forward service starting next year. I am moving from the US but will still need to receive some mail for at least a few years. I want to have a California address. I also want to have the processing facility be at the address so that my mail d...
by Hyperborea
Sun Dec 10, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8839

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

Everything happens for a reason. That's what I try to go by and keep in mind. Almost nothing happens for a reason. There is so much randomness in our personal life, in society, in the world and in history. It only looks like there was a reason or an order post hoc. People try to impose these in som...
by Hyperborea
Fri Dec 08, 2017 9:26 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6047

Re: Best vehicle for seniors?

Why is it all about fatalities per mile? See the above post that you are responding to. Ok, the data available for non-fatal accidents, at least easily and publicly, doesn't have age statistics attached. Fatality statistics do have ages attached. If a senior is driving significantly less miles than...
by Hyperborea
Fri Dec 08, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6047

Re: Best vehicle for seniors?

Seniors are among the safest drivers on the road. FWIW, the oncoming car was going twice the speed limit, and the driver was 20. As a group senior drivers are safer only if you discount the miles driven. Seniors drive far fewer miles than other drivers and that skews the accident rate. Once you tak...
by Hyperborea
Fri Dec 08, 2017 7:09 pm
Forum: Personal Consumer Issues
Topic: Beefy Brothy Stocky Thing Advice
Replies: 22
Views: 2280

Re: Beefy Brothy Stocky Thing Advice

Beef stock making is a serious all day affair. You have to start out by roasting the beef bones and the carrots, celery, onions for about an hour or so. That's followed by simmering for many hours along with a bouquet garni. You then strain it off. Because it's such a long process I make a large ba...
by Hyperborea
Wed Dec 06, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Beefy Brothy Stocky Thing Advice
Replies: 22
Views: 2280

Re: Beefy Brothy Stocky Thing Advice

Beef stock making is a serious all day affair. You have to start out by roasting the beef bones and the carrots, celery, onions for about an hour or so. That's followed by simmering for many hours along with a bouquet garni. You then strain it off. Because it's such a long process I make a large bat...
by Hyperborea
Mon Nov 27, 2017 2:43 am
Forum: Personal Finance (Not Investing)
Topic: [US collecting estate taxes from a non-US person]
Replies: 10
Views: 769

Re: [US collecting estate taxes from a non-US person]

Does anyone have a first or second person account of either the US collecting estate taxes from a non-US person when such a person was invested in US domiciled ETFs at a non-US broker the US collecting estate taxes from a non-US person when such a person was invested in Ireland (or other non-US) do...
by Hyperborea
Fri Nov 24, 2017 7:48 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6047

Re: Best vehicle for seniors?

Seniors are among the safest drivers on the road. FWIW, the oncoming car was going twice the speed limit, and the driver was 20. As a group senior drivers are safer only if you discount the miles driven. Seniors drive far fewer miles than other drivers and that skews the accident rate. Once you tak...
by Hyperborea
Fri Nov 24, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 8915

Re: Why does everyone keep increasing their international stock %?

Is there any research showing what portion of equity markets are owned by which countries, or US versus ex-US investors? In other words, is the US equity market owned by 75% US investors and 25% non-US? Also for foreign markets... for example are, say, 35% of ex-US equities owned by US investors? H...
by Hyperborea
Fri Nov 24, 2017 6:24 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 195
Views: 15244

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

If the couple in our example can spend down their portfolio by $1 million and have SS kick in allowing them to keep spending the same then that couple has to have returns of a minimum of 1.8% real for those 15 years so that their portfolio stays above $1.5 million by the time SS kicks in. Again. if...
by Hyperborea
Fri Nov 24, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 195
Views: 15244

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

Great comment. Sure the further away it is, the less impact it has especially on the now. But, it will always have some form of impact. Just a simple example of a coupe retiring at 55 and will get SS in 15 years. At 55 the couple should have a decent history with social security especially if they ...
by Hyperborea
Wed Nov 22, 2017 8:42 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 195
Views: 15244

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

What asset allocation is this based on (%stocks/%bonds)? Are there index fund asset allocations where the 4% rule is less likely to fail? The general answer to that is the rule does fail if there are not enough stocks. The cutoff normally observed is a falloff at and under about 30% stocks. There d...
by Hyperborea
Wed Nov 22, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 195
Views: 15244

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

What asset allocation is this based on (%stocks/%bonds)? Are there index fund asset allocations where the 4% rule is less likely to fail? The general answer to that is the rule does fail if there are not enough stocks. The cutoff normally observed is a falloff at and under about 30% stocks. There d...
by Hyperborea
Sat Nov 18, 2017 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 91
Views: 5082

Re: Do you include the sale of your home as part of your retirement planning?

Home equity values are hard to predict and in the future even harder still. :D I have plans (rougher the further out they get) to change our home situation and I have modelled them in a variety of ways. It's too hard to know exactly what prices will be at certain points and what I do will have to re...
by Hyperborea
Sat Nov 18, 2017 6:47 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13290

Re: The fear of retirement, black swan, and math to dissuade the fear.

My frustration with this recurring topic is that even the most talented posters here do not seem to understand that this type of modeling should always be used as very rough guideline rather than any sort of rule. I know I am not a good teacher because something which are so obvious to me that I ha...
by Hyperborea
Sat Nov 18, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13290

Re: The fear of retirement, black swan, and math to dissuade the fear.

My frustration with this recurring topic is that even the most talented posters here do not seem to understand that this type of modeling should always be used as very rough guideline rather than any sort of rule. I know I am not a good teacher because something which are so obvious to me that I ha...
by Hyperborea
Wed Nov 15, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13290

Re: The fear of retirement, black swan, and math to dissuade the fear.

"So this time is different?" I presume this time is the same. The historical record shows us that prospective returns are negatively correlated to starting valuations. See the first graph in this article for an illustration: https://earlyretirementnow.com/2016/12/21/the-ultimate-guide-to-safe-withd...
by Hyperborea
Wed Nov 15, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Chromebook/Similar for Elderly Dad
Replies: 30
Views: 1945

Re: Chromebook/Similar for Elderly Dad

I would recommend this one.... https://www.amazon.com/HP-Performance-Chromebook-BrightView-Processor/dp/B0759JXK2H/ref=sr_1_4?s=pc&ie=UTF8&qid=1510760305&sr=1-4&keywords=hp+chromebook+14 It is not particularly small or light but I'm assuming it would not be used for travel. It has a large 14" scree...
by Hyperborea
Wed Nov 15, 2017 11:17 am
Forum: Personal Consumer Issues
Topic: Chromebook/Similar for Elderly Dad
Replies: 30
Views: 1945

Re: Chromebook/Similar for Elderly Dad

I would recommend this one.... https://www.amazon.com/HP-Performance-Chromebook-BrightView-Processor/dp/B0759JXK2H/ref=sr_1_4?s=pc&ie=UTF8&qid=1510760305&sr=1-4&keywords=hp+chromebook+14 It is not particularly small or light but I'm assuming it would not be used for travel. It has a large 14" scree...
by Hyperborea
Tue Nov 14, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: Chromebook/Similar for Elderly Dad
Replies: 30
Views: 1945

Re: Chromebook/Similar for Elderly Dad

OP wrote that his dad would use it when traveling, do his banking. I have a laptop which uses our in-house Wifi. Using someone's Wifi when traveling for banking will expose his passwords to others. I just bought a plug-in device so I can use it on our cable modem. Not if the bank site is using http...
by Hyperborea
Tue Nov 14, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Chromebook/Similar for Elderly Dad
Replies: 30
Views: 1945

Re: Chromebook/Similar for Elderly Dad

I'm looking at a new Chromebook for my mum for XMas. I know she likes it because I gave her an old one of ours for her to use as a test drive to see if she likes it. She's got an iMac but the Chromebook gets a lot more use - watching Netflix or checking email or reading news in the kitchen or out on...
by Hyperborea
Thu Nov 09, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13290

Re: The fear of retirement, black swan, and math to dissuade the fear.

Exactly, ultimately it becomes less about planning for specific type events and more about building general resiliency (or antifragility in Taleb's parlance) into your systems (financial and otherwise). So, does that mean anything aside from the usual cautions about retiring early - be well diversi...
by Hyperborea
Thu Nov 09, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 3997

Re: Coffee

Here you are... take your pick: ♨️ 🍸 🍷 🍷 ☕️ Actually, the first one, ♨️, is the map symbol for an onsen - a Japanese hot spring. The emoji characters originally came out of the symbols available on Japanese cell phones from the early 2000's. As to coffee, anybody who really likes coffee doesn't dri...
by Hyperborea
Thu Nov 09, 2017 12:29 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13290

Re: The fear of retirement, black swan, and math to dissuade the fear.

Anyone who has any concern for real black swans needs some gold in their portfolio, because that protects against significant events that have actually happened in history, where "normal" assets like stocks and bonds get trashed. Examples include high inflation and currency devaluation. A moderate ...
by Hyperborea
Thu Nov 09, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13290

Re: The fear of retirement, black swan, and math to dissuade the fear.

It doesn't matter what you set your SWR at in terms of dealing with blackswan events. When the US gets nuked, the US devalues the dollar by 1000000%, the communists take over and sieze all private assets, civil war breaks out between red/blue states and so on (i.e. black swan events are not somethi...
by Hyperborea
Thu Nov 09, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13290

Re: The fear of retirement, black swan, and math to dissuade the fear.

It doesn't matter what you set your SWR at in terms of dealing with blackswan events. When the US gets nuked, the US devalues the dollar by 1000000%, the communists take over and sieze all private assets, civil war breaks out between red/blue states and so on (i.e. black swan events are not somethi...
by Hyperborea
Thu Nov 09, 2017 1:33 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13290

Re: The fear of retirement, black swan, and math to dissuade the fear.

But lets look at your "Catastrophic case" 50% loss, 2% gains for 8 year, and then 10%? That isn't really that bad. Look up japan were we are off by ~33% 28 years later. If that oft-referenced Japanese investor had bought a world market portfolio they would be doing fine. If they had followed the vo...
by Hyperborea
Wed Nov 08, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: So new, it hurts to even think about it.
Replies: 25
Views: 4700

Re: So new, it hurts to even think about it.

I never realized I was about 92% stocks and 8% bonds(in the Vanguard TR 2040). I certainly do not want to be that aggressive. Maybe bring it down a bit. Vanguard makes it that aggressive because it is targeted so far in the future, over 20 years until retirement, that the need for bonds is low. The...
by Hyperborea
Wed Nov 08, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 13439

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

Which is why most of the S&P500 and all of the DJIA stocks pay a dividend. They've run out of good things to do with the money. At some point 5, 10, maybe 20 years from now so will Google (ok, Alphabet), Facebook, Amazon, etc. Apple's already decided that they can't think of enough good things to d...
by Hyperborea
Wed Nov 08, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Slaughtering The High Dividend Sacred Cow
Replies: 192
Views: 13439

Re: Larry Swedroe: Slaughtering The High Dividend Sacred Cow

What would the market value of JNJ be today if it had never paid dividends? Trillions? There are at least a couple of ways to look at this hypothetical question. Assuming that JNJ had never paid dividends or bought back shares: 1) If the cash was invested in expanding the business through R&D, buil...
by Hyperborea
Wed Nov 08, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7657

Re: Preparing For "Early Retirement" In A Couple of Years

Thanks for the correction. How come you yourself did not think something was wrong with the results even if you were in hurry? Yup, I'm fallible, mea culpa. I did think it a bit funny but because I was in a hurry I plunked it down and ran out the door. I'll let you in on a secret, I'm a pretty bad ...
by Hyperborea
Tue Nov 07, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7657

Re: Preparing For "Early Retirement" In A Couple of Years

The results of that firecalc doesn't make much intuitive sense to me? 6 years with 100k contribution starting at 1.15 million. So just in contributions shouldn't it be 1.75? So the "average" has basically no returns over 6 years? Good catch. I was in a hurry and screwed up. :oops: Fixed the inputs ...
by Hyperborea
Mon Nov 06, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7657

Re: Preparing For "Early Retirement" In A Couple of Years

CNC - if you believe all of those numbers and want to play with some math perhaps try some of these comparisons of average returns vs actual portfolio values. Instead of using 9.5% return try 10% for simplicity and maybe use $1 million as a round number - first try 10% each year for 6 years and see...
by Hyperborea
Sun Nov 05, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7657

Re: Preparing For "Early Retirement" In A Couple of Years

So, it sounds like your wife "wants us both to quit our jobs and travel the world" and you are planning to start a new tech company. Might be hard to make them both work at the same time. I think most of us were responding to the first plan and didn't see the hidden other plan. It's entirely possibl...
by Hyperborea
Sun Nov 05, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7657

Re: Preparing For "Early Retirement" In A Couple of Years

Tell everyone you've retired but then both of you can take on some side jobs to cover most of your living expenses. This. All the early retirees we hear about have a blog. With most of the living expenses covered by the side jobs, you can comfortably live on your $25k/year budget. $25K / year seems...
by Hyperborea
Sun Nov 05, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7657

Re: Preparing For "Early Retirement" In A Couple of Years

To quit at 30 , i would think you need 50 to 60 times expenses. I think your wife needs a reality check. While I agree that the wife needs a reality check, 50x to 60x expenses is ridiculous. That means having enough money to live 100% off a TIPS ladder for your entire life. There is a wide variety ...
by Hyperborea
Sun Nov 05, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7657

Re: Preparing For "Early Retirement" In A Couple of Years

To quit at 30 , i would think you need 50 to 60 times expenses. I think your wife needs a reality check. While I agree that the wife needs a reality check, 50x to 60x expenses is ridiculous. That means having enough money to live 100% off a TIPS ladder for your entire life. There is a wide variety ...
by Hyperborea
Fri Nov 03, 2017 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Restricted Stock HELP NEEDED
Replies: 12
Views: 754

Re: Restricted Stock HELP NEEDED

There is no tax benefit to holding RSUs any amount of time after they vest. I would only hold them after that point if and only if you would go out right now and spend your own cash to buy the stock and it fit within your investment plan.

ESPP is a different matter but RSUs sold as soon as they vest.
by Hyperborea
Wed Nov 01, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: UK expat living in Australia - ETF and tax guidance.
Replies: 8
Views: 489

Re: UK expat living in Australia - ETF and tax guidance.

Am I correct in thinking investing in USD funds is a smarter choice since my future location is uncertain? That approach seems to me to be 'betting on currencies'. Would it not be better to diversify the currency risk by buying assets in different currencies? It doesn't seem that one is betting on ...
by Hyperborea
Tue Oct 31, 2017 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: UK expat living in Australia - ETF and tax guidance.
Replies: 8
Views: 489

Re: UK expat living in Australia - ETF and tax guidance.

if I were to open an IB account which is now a listed company in Australia as opposed to originally just US, would all investments made there be classed as Australian based and applicable for CGT or would it only be the portion of the ETF which is invested in the AU market? I think that it doesn't ...
by Hyperborea
Tue Oct 31, 2017 6:42 pm
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 83
Views: 6268

Re: Password Protection

I wouldn't exactly described a process that is functionally equivalent to how LastPass works and EXACTLY the same as 1Password, as "way more securely". The proper phrase is "just as securely". No, way more secure. That is because only you have the encrypted file's password, not Dropbox, Lastpass, e...
by Hyperborea
Tue Oct 31, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8999

Re: My 401k is almost all cash now. 1/2 Mil

Two fundamental principles of the stock market are: 1) it tends to go up over the long term, . Long term, we all will be dead. You'll only need to look at Japan's Nikkei 225 Index - it reached peak of 39K in 1989 and today, it's at 22K. If you were fully invested in 1989 and say, you were a 60-70 y...