Search found 485 matches

by TN_Boy
Tue Oct 23, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 58
Views: 5612

Re: Smart money bailing on the market, time to get out?

The other person is correct, stop reading the trash reports from people with an agenda. All you're talking about is what we call 'noise'. Ignore the noise and just stay the course. People who panic never make profits. The other person is also correct - those of us who use indexed funds make out bet...
by TN_Boy
Tue Oct 23, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 58
Views: 5612

Re: Smart money bailing on the market, time to get out?

The other person is correct, stop reading the trash reports from people with an agenda. All you're talking about is what we call 'noise'. Ignore the noise and just stay the course. People who panic never make profits. The other person is also correct - those of us who use indexed funds make out bet...
by TN_Boy
Tue Oct 23, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 58
Views: 5612

Re: Smart money bailing on the market, time to get out?

The other person is correct, stop reading the trash reports from people with an agenda. All you're talking about is what we call 'noise'. Ignore the noise and just stay the course. People who panic never make profits. The other person is also correct - those of us who use indexed funds make out bet...
by TN_Boy
Mon Oct 22, 2018 2:10 pm
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 55
Views: 2635

Re: TV recommendation for my father

Is your dad vision impaired? A SD picture on a 50”+ TV is going to look horrible. And absolutely have black bands on the sides of the picture. Nearly all modern TV’s are “smart”. You don’t need to turn on the smart feature. Just use it like a normal TV. I would measure the room to figure out what s...
by TN_Boy
Sun Oct 21, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 55
Views: 2635

Re: TV recommendation for my father

The problem with the linked device is the lack of direct input for the channel. If you have 40+ channels, hitting + a few dozen times gets old. If I were setting up a system for an elderly parent, I'd probably change the TV package to limit the number of channels so they aren't having to work their...
by TN_Boy
Sun Oct 21, 2018 12:59 pm
Forum: Personal Consumer Issues
Topic: Why Purchase an Automobile using Premium Gasoline?
Replies: 68
Views: 2875

Re: Why Purchase an Automobile using Premium Gasoline?

How many consider the type of gasoline an automobile uses when purchasing? Automobiles using regular, unleaded gasoline typically, I think, get better mileage and have comparable torque and acceleration in my experience. What justifies the choice of significantly more expensive fuel other than simp...
by TN_Boy
Fri Oct 19, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 93
Views: 10164

Re: What do you consider 'enough'?

50x annual expenses (including health insurance, emergencies, roof, cars, appliances, and any other hard goods) liquid. In addition, make sure you include some expenses for optionality, otherwise you are stuck living the current lifestyle with no room to change it if you would like. If I waited unt...
by TN_Boy
Fri Oct 19, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 93
Views: 10164

Re: What do you consider 'enough'?

50x annual expenses (including health insurance, emergencies, roof, cars, appliances, and any other hard goods) liquid. In addition, make sure you include some expenses for optionality, otherwise you are stuck living the current lifestyle with no room to change it if you would like. If I waited unt...
by TN_Boy
Fri Oct 19, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 55
Views: 2635

Re: TV recommendation for my father

It sounds like the interaction b/t your father and the tv is the sticky widget here. Maybe a simple, programmable remote like this might help. https://www.amazon.com/Tek-Pal-Button-Remote-Control/dp/B0036R7JOE/ref=asc_df_B0036R7JOE/?tag=hyprod-20&linkCode=df0&hvadid=216526779832&hvpos=1o1&hvnetw=g&...
by TN_Boy
Thu Oct 18, 2018 9:42 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4741

Re: When to change tires; and what brand

3/32 or so unless going into winter, then 4-5/32. stuff deleted Okay, so I have a serious question for Kenkat and the other posters that say going to 3/32 is fine. I posted how much wet weather performance a tire loses when worn down to 4/32. Do people who think 3/32 is okay: a) Not believe the AAA...
by TN_Boy
Thu Oct 18, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4741

Re: When to change tires; and what brand

^ TN Boy Here’s the meat of the AAA article: AAA and the Automobile Club of Southern California’s Automotive Research Center tested new all-season tires and all-season tires worn to 4/32” in wet conditions. Compared to new ones, the worn tires increased stopping distances an average of 87 feet for ...
by TN_Boy
Thu Oct 18, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Helping out with early onset Alzheimer's
Replies: 15
Views: 1734

Re: Helping out with early onset Alzheimer's

But while I think optimism is good, in terms of setting expectations, I disagree with the part about promising new treatments for Alzheimer's. The track record of treatments for this disease is dismal. Basically, failure after failure. Right now, we have nothing, and I do mean nothing. There has be...
by TN_Boy
Thu Oct 18, 2018 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Helping out with early onset Alzheimer's
Replies: 15
Views: 1734

Re: Helping out with early onset Alzheimer's

I would question keeping a house at this time. It might be better to move in the next year or two while they are still competent and get used to a nice apartment/condo in a senior living center that has a memory care facility and reduce the amount of balls in the air (mortgage/maintenance/property ...
by TN_Boy
Thu Oct 18, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4741

Re: When to change tires; and what brand

3/32 or so unless going into winter, then 4-5/32. stuff deleted Okay, so I have a serious question for Kenkat and the other posters that say going to 3/32 is fine. I posted how much wet weather performance a tire loses when worn down to 4/32. Do people who think 3/32 is okay: a) Not believe the AAA...
by TN_Boy
Thu Oct 18, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4741

Re: When to change tires; and what brand

For whatever reason I have 28 pounds on all four tires but in rechecking them about 3 weeks later they all gap to 37,33,33,and 31. Why and what can I do to keep them from going up. I could understand losing tire pressure but going up has got me confused. Did you check both times when the tires were...
by TN_Boy
Thu Oct 18, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4741

Re: When to change tires; and what brand

I've been happy with my Bridgestones, an all weather 3 season tire and a set of Blizzaks for winter. You might want to research the so-called all weather tires. They are generally worse at stopping in both dry and wet conditions than are summer tires most of the year. Of course, summer tires are no...
by TN_Boy
Thu Oct 18, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: "Retirement age uncertainty increases the savings needed for success"
Replies: 48
Views: 4618

Re: "Retirement age uncertainty increases the savings needed for success"

...Your 1) I found amusing. I have a friend who is a college professor. Had you asked him 5 years ago how long he'd keep on teaching, he'd have given you the same answer your professor friend gave you -- maybe until 70! Fast forward to now, and changes in his department, funding issues, dealing wit...
by TN_Boy
Thu Oct 18, 2018 8:44 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4741

Re: When to change tires; and what brand

Thanks all. A few of you commented on the reliability of tires as they wear. I am all for being safe. But practically speaking, do you know of anyone you know who had a mishap with tires being too work out ? I have driven 350,000 miles among my cars and only once has a tire blown out when I was dri...
by TN_Boy
Thu Oct 18, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4741

Re: When to change tires; and what brand

1. When do you guys change tires ? I normally change them in the fall after they all get below 5/32" of tread left. I do it in the fall because during the summer time, really the only danger is hydroplaning and I can slow down to prevent that from happening. However in the winter, they don't have e...
by TN_Boy
Thu Oct 18, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: When to change tires; and what brand
Replies: 103
Views: 4741

Re: When to change tires; and what brand

Curious 1. When do you guys change tires ? I know that tire tread depth is 8/32 mm for a brand new tire and 2/32 mm for a completely bald tire. The tire shops try to scare you into buying new tires even at 5/32 mm. I myself have been buying as soon as they dip below 3/32 mm. I bought a electronic t...
by TN_Boy
Wed Oct 17, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: "Retirement age uncertainty increases the savings needed for success"
Replies: 48
Views: 4618

Re: "Retirement age uncertainty increases the savings needed for success"

Ok, I finished reading the linked PDF file. The author seems to be confusing, or equating, Financial Independence with Retirement. There are certainly cases where people are forced into unemployment/retirement due to layoff or health problems. But there are also many cases of people who are FI and ...
by TN_Boy
Wed Oct 17, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 93
Views: 10164

Re: What do you consider 'enough'?

OP is asking about annual income, not accumulated assets... Looks like this needs to be repeated. The original question was a little vague. I don't think the responses have been off-target. You need expense projections to know what assets you will need. The OP asked about income to support current ...
by TN_Boy
Wed Oct 17, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 93
Views: 10164

Re: What do you consider 'enough'?

It's irrelevant whether the house is paid off (though I think a paid off house is desirable). If you haven't paid the house off, that's an expense your income has to support and your calculations have to include that. If the numbers work, the numbers work. Agreed that it's mathematically irrelevant...
by TN_Boy
Wed Oct 17, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 93
Views: 10164

Re: What do you consider 'enough'?

But I'll stress -- at age 40 or 45, we would not have been able to make those calculations; forget computing expenses, we simply did not have a good understanding of what our lifestyle was likely to be at retirement age. I'm trying to retire at 50, so I better have a good handle on it by 40 or 45. ...
by TN_Boy
Wed Oct 17, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 93
Views: 10164

Re: What do you consider 'enough'?

Does anyone out there in their working years have a way of figuring out what is 'enough' in terms of income to support their current lifestyle and to also save for the future? I know it's different for everyone but I'd be curious to hear your thoughts on if and how you calculate how much is 'enough...
by TN_Boy
Tue Oct 16, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Placing mother in nursing home - advice
Replies: 37
Views: 3792

Re: Placing mother in nursing home - advice

From my recent personal experience, the contents of a senior citizen's house will not be worth very much money, and it is a huge amount of work to clean out a house that someone has lived in for decades and decades. Stuff deleted Which is why I suggest looking into an estate sale. At least in my ex...
by TN_Boy
Tue Oct 16, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Placing mother in nursing home - advice
Replies: 37
Views: 3792

Re: Placing mother in nursing home - advice

I am not so sure I would sell the house in this situation. The house is exempt from Medicaid. My guess is -- a $75,000 house in a low cost of living area occupied by a widower in fragile health probably has a lot of deferred maintenance and other issues. It might also be filled with clutter and jun...
by TN_Boy
Tue Oct 16, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Placing mother in nursing home - advice
Replies: 37
Views: 3792

Re: Placing mother in nursing home - advice

Yes, while locating an attorney, start locating a facility. There will probably be a waiting list. And I think most facilities have someone who also works on figuring out how to finance a stay. There have been other threads about the problems with an unoccupied house. You not only have to provide u...
by TN_Boy
Tue Oct 16, 2018 8:47 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 18485

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Stuff deleted These odd arguments deflect from the real issue: Proponents of The 4% Rule cannot produce a logical argument for the validity of using historical data from 20th century America to predict a specific 30-50-year retirement period in the future. So they throw a smokescreen of numbers at ...
by TN_Boy
Tue Oct 16, 2018 8:12 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 18485

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Most of post deleted ... If you have enough money, then you can deal with these things as best you can with money, which is better than without money for sure. Like you said, LTC insurance and Medicaid have their drawbacks and limitations. I consider having the money and assets to pay for LTC to be...
by TN_Boy
Tue Oct 16, 2018 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Placing mother in nursing home - advice
Replies: 37
Views: 3792

Re: Placing mother in nursing home - advice

I am not so sure I would sell the house in this situation. The house is exempt from Medicaid. My guess is -- a $75,000 house in a low cost of living area occupied by a widower in fragile health probably has a lot of deferred maintenance and other issues. It might also be filled with clutter and jun...
by TN_Boy
Mon Oct 15, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3119

Re: Reducing overall medical costs. Do we do anything?

One, of many I believe, reason for high US Medical costs is overuse of services. While what any one individual does or does not do is a drop in the bucket, if more of us change things - then maybe it will help. If it makes no difference to us financially, are there any things we, as individuals, do...
by TN_Boy
Mon Oct 15, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Placing mother in nursing home - advice
Replies: 37
Views: 3792

Re: Placing mother in nursing home - advice

can your mom move to your town and move in with you now? and you can hire some home health care, much cheaper than nursing home. Up to a point it is cheaper. Probably over $20/hour, with a three hour minimum. If you start getting near 24x7 help, it starts to cost what a skilled nursing facility wou...
by TN_Boy
Mon Oct 15, 2018 9:14 am
Forum: Local Chapters and Bogleheads Community
Topic: michael survivors
Replies: 16
Views: 1953

Re: michael survivors

You don't need online backup if you have thumb drives in appropriate places besides your home. I can't imagine why people leave important files online, just waiting to be hacked. Here's an article on about one of the houses that survived, one of those from a photo where everything else was leveled....
by TN_Boy
Sun Oct 14, 2018 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Placing mother in nursing home - advice
Replies: 37
Views: 3792

Re: Placing mother in nursing home - advice

Finding a local Assisted Living facility near you appears to be the way to go until she needs nursing care. Can the catheter be removed and use Adult diapers instead? The best Assisted Livings, in my opinion, are the ones in a house in a neighborhood where they accept 6-8 patients and have 24 hour ...
by TN_Boy
Sun Oct 14, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Placing mother in nursing home - advice
Replies: 37
Views: 3792

Re: Placing mother in nursing home - advice

We have a situation where my sister has been a full-time caretaker for my mother, who is in her 80's, disabled and in a wheelchair, and needs catheterizing, help preparing meals, etc. My sister's son recently had a baby, and my sister is adamant about putting my mother in a nursing home, moving to ...
by TN_Boy
Sun Oct 14, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should we rent a car or take our low mileage 2006 Volvo on a family trip?
Replies: 49
Views: 3152

Re: Should we rent a car or take our low mileage 2006 Volvo on a family trip?

Around Thanksgiving, we will make a family trip (me, wife, 2 1/2 yr old) from STL to northern San Antonio, Texas. The drive will be about 12 - 15hrs each way depending on which route we take. We currently have a nice 2006 Volvo S60T with about 70k+ miles on it. The tires are fine but probably will ...
by TN_Boy
Sun Oct 14, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5713

Re: Who worries about a bear market in stocks?

Sorry for those who haven't heard Bill Bernstein's advice "If you've won the game, then stop playing." Translated: if you've saved enough to support a reasonable lifestyle, then get out of stocks and eliminate that risk. In my opinion, the goal of saving and investing is to get to the point where y...
by TN_Boy
Fri Oct 12, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 55
Views: 2635

Re: TV recommendation for my father

I didn't give a price range because if my father plans to watch in SD does the TV matter? I think perhaps it's best to upgrade to Verizon HD so the TVs resolution can be enjoyed. I saw TCL TVs in stores and liked their specs but I wasn't familiar with the brand. Francis at some point, price always ...
by TN_Boy
Fri Oct 12, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5713

Re: Who worries about a bear market in stocks?

Sorry for those who haven't heard Bill Bernstein's advice "If you've won the game, then stop playing." Translated: if you've saved enough to support a reasonable lifestyle, then get out of stocks and eliminate that risk. In my opinion, the goal of saving and investing is to get to the point where y...
by TN_Boy
Fri Oct 12, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5713

Re: Who worries about a bear market in stocks?

In my view, those who have accumulated enough savings to retire comfortably should follow William Bernstein's advice to get out of stocks. Stocks can be counted on only as a long term investment asset. You should be prepared to hold for 15-20 years without liquidating before you should be willing t...
by TN_Boy
Fri Oct 12, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 55
Views: 2635

Re: TV recommendation for my father

Stuff deleted .... One poster said bigger is always better. Not quite. The optimal size depends on how far away you are sitting. You can google viewing distance versus size to get some recommendations. A really big TV in a small room can indeed be "too big." True for some extent, if you buy 4k TV y...
by TN_Boy
Fri Oct 12, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: Who worries about a bear market in stocks?
Replies: 71
Views: 5713

Re: Who worries about a bear market in stocks?

In my view, those who have accumulated enough savings to retire comfortably should follow William Bernstein's advice to get out of stocks. Stocks can be counted on only as a long term investment asset. You should be prepared to hold for 15-20 years without liquidating before you should be willing t...
by TN_Boy
Fri Oct 12, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 55
Views: 2635

Re: TV recommendation for my father

You did not give a price range. if you just want a very good "budget" pick, would suggest the TCL 6-series on sale at amazon and best buy. it will run ~$650 for a 55" screen. yes, it may have more smart TV stuff built in than he needs (has Roku's operating system) but the picture quality to price r...
by TN_Boy
Wed Oct 10, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: Hiking NH White Mountains. Taking one lens.
Replies: 25
Views: 1049

Re: Hiking NH White Mountains. Taking one lens.

Day trip. Will be @ 5200 ft (Mt. Lafayette)...it is peak foliage here right now. I will be about 1,000 ft above tree line on top of Lafayette. Here are my lenses. I'm only taking one. Canon 24-70 F2.8 II Canon 50 F1.2 Canon 16-35 F4 Canon 100-400 F4.5-5.6 I was also considering toughing it out brin...
by TN_Boy
Wed Oct 10, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Hiking NH White Mountains. Taking one lens.
Replies: 25
Views: 1049

Re: Hiking NH White Mountains. Taking one lens.

Assuming you're primarily talking scenery, and daylight: I used to bring all sorts of camera gear. Now I bring a phone. It works shockingly well as long as I'm not trying to get long distance wildlife shots. Bring your recent Pixel / iPhone / Galaxy S and save the weight / hassle. I think you can g...
by TN_Boy
Wed Oct 10, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: Hiking NH White Mountains. Taking one lens.
Replies: 25
Views: 1049

Re: Hiking NH White Mountains. Taking one lens.

This isn't really in any way related to "personal consumer issues". Plus you'd be better off posting in a forum dedicated to people who take photos. In the same that you wouldn't post in Reddit's weightlifting forum and ask "How should I invest my 401k?". I'd post on https://www.dpreview.com/forums...
by TN_Boy
Wed Oct 10, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 10498

Re: Allan Roth doesn't like single premium annuities

How many times do I have to say this? It isn't surprising that pensions pay out better than SPIAs because consumers buy SPIAs one at a time where a pension is the equivalent of Costco, a pension can buy in bulk. This is why when faced with a choice between a pension and a lump sum, I most often adv...
by TN_Boy
Wed Oct 10, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 10498

Re: Allan Roth doesn't like single premium annuities

My main point is that people are not bashing pensions because there are key differences between many (most?) pensions and SPIAs: 1) pensions often better funded (i.e. employer contributions, especially for government pensions), and 2) the funding of the pension occurs over decades, not all at once ...
by TN_Boy
Wed Oct 10, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 10498

Re: Allan Roth doesn't like single premium annuities

Bunch of stuff snipped ... My positive comments about Single Premium Immediate Annuities is not a blanket endorsement for everyone to rush out and buy one tomorrow. It is an irrevocable decision when you buy one and it is something to soberly think over before buying one. But is amazes me that few ...