Search found 1652 matches

by TN_Boy
Mon May 25, 2020 7:22 pm
Forum: Investing - Theory, News & General
Topic: Alarming Bid/Ask Spreads on ETFs
Replies: 17
Views: 1639

Re: Alarming Bid/Ask Spreads on ETFs

I don't think so. I'm pretty lazy, so I only checked one. https://www.etf.com/IJS#tradability No idea if that link really works like I want, so just inspect the daily spread chart. It looks like the spreads on IJS (iShares S&P 600 Value) peaked at 1% on March 18th. The spread according to the chart...
by TN_Boy
Mon May 25, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: What to do with Mother-In-Law
Replies: 31
Views: 3712

Re: What to do with Mother-In-Law

Or possibly, should we look for a new home that could accommodate dear MIL moving in with us? ..... We would have to purchase a larger home, with concurrent additional costs if we were to take this on. ... Is it possible to get care for dear MIL when we go out of town? It sounds like she is to the ...
by TN_Boy
Sat May 23, 2020 7:48 pm
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 62
Views: 5769

Re: Hertz is declaring bankruptcy

Wow! I did not see this. We have to get this economy up and running or there will not be anything left to open! Doesn't seem that surprising .... travel dies to almost nothing, travelers rent a lot of cars. That said, there are a lot of ripple effects from the economy shutdowns, some that seemed "o...
by TN_Boy
Sat May 23, 2020 7:30 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 118
Views: 8871

Re: Personal spending out of control after Covid-19

Since the pandemic erupted, and the kids have been home alone with me while my wife goes off to work, I find I'm drinking more and spending more time shopping online. In the past month, I've spent a ridiculous amount of money replacing a tree that had been bothering me since we moved into the house...
by TN_Boy
Sun May 17, 2020 5:59 pm
Forum: Investing - Theory, News & General
Topic: Appreciating the magnitude of Sequence of Returns immediately after retirement
Replies: 115
Views: 5834

Re: Appreciating the magnitude of Sequence of Returns immediately after retirement

Nice graph that demonstrates the effect of sequence of returns. Some sequence of return risk in retirement is unavoidable given that we have to consume today before we know what tomorrow's returns will be. Perfect avoidance of sequence of returns will require that we let the portfolio run without w...
by TN_Boy
Thu May 14, 2020 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7594

Re: Should you include home equity in Net Worth?

"1) Why would anyone pay down or pay off a mortgage with an interest rate lower than the future annual inflation rate? It is a great inflation hedge." - the extra draw in retirement to pay the mortgage would raise taxes where the mortgage vs inflation was a combined loss - you do not know what futu...
by TN_Boy
Thu May 14, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7594

Re: Should you include home equity in Net Worth?

"1) Why would anyone pay down or pay off a mortgage with an interest rate lower than the future annual inflation rate? It is a great inflation hedge." - the extra draw in retirement to pay the mortgage would raise taxes where the mortgage vs inflation was a combined loss - you do not know what futu...
by TN_Boy
Thu May 14, 2020 7:34 am
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5084

Re: Where do you back up your important data?

Unless somebody breaks in and steals your computer and backup drive. I figure the odds of that ever actually happening are so low they might as well be zero. My main PC is a full-sized desktop and my external backup drive sits behind it, and both are quite difficult to get to (underneath/behind a l...
by TN_Boy
Wed May 13, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7594

Re: Should you include home equity in Net Worth?

I am normal and I care about my house price. Your assertion that only people who are "house poor" care about such things is wrong. We are not house poor. << I am normal and I care about my house price. >> Normal people are house poor. <<Your assertion that only people who are "house poor" care abou...
by TN_Boy
Wed May 13, 2020 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7594

Re: Should you include home equity in Net Worth?

I am normal and I care about my house price. Your assertion that only people who are "house poor" care about such things is wrong. We are not house poor. << I am normal and I care about my house price. >> Normal people are house poor. <<Your assertion that only people who are "house poor" care abou...
by TN_Boy
Wed May 13, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: How to consider home improvement expenses
Replies: 25
Views: 1277

Re: How to consider home improvement expenses

Thanks for all the replies. I’m leaning towards just considering it all expense. FYI, the renovations we’re doing are adding crown moulding and board and batten to the kitchen and living rooms. Also adding subway tile backsplash to kitchen. Yeah those aren't worth factoring into your homes value by...
by TN_Boy
Wed May 13, 2020 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7594

Re: Should you include home equity in Net Worth?

Should home equity be included in your Net Worth? Also, how would you calculate it - the amount of principal paid down from your original loan, the amount owed vs. estimated value of house, the amount owed vs. estimated value of house net selling expenses....? justsomeguy2018, If you have to ask th...
by TN_Boy
Tue May 12, 2020 7:02 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5084

Re: Where do you back up your important data?

Backing up to a large external hard drive, using something like Macrium Reflect, is the sweet spot in terms of cost, benefit, and risk. It isn't absolutely the safest solution, since the backups could get lost in case of a fire or theft. Short of those very unlikely events, though, local data backu...
by TN_Boy
Tue May 12, 2020 6:58 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5084

Re: Where do you back up your important data?

wander wrote:
Tue May 12, 2020 6:17 pm
I back up data weekly to an external hard drive. Very simple.
Unless somebody breaks in and steals your computer and backup drive. Or your house burns down.

It is simple but incomplete.
by TN_Boy
Tue May 12, 2020 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Hang on to old car or buy new one?
Replies: 38
Views: 2084

Re: Hang on to old car or buy new one?

How is the acura costing you $2k/year in repairs? Is it a lemon? That car has low miles and isnt that old...how can it possibly cost that much per year to maintain? I hope you're not including the cost of insurance and fuel. We have 3 cars...newest is a 2009 with 99K miles, My daily driver is 2008 ...
by TN_Boy
Tue May 12, 2020 10:33 am
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5084

Re: Where do you back up your important data?

I'd like to think that Microsoft, google and the large backup sites have their act together from a security standpoint. I'd be happy to take that bet. These are going to be famous last words from you. Sometime down the road, I don't know when, but if and when a hack of these sites that purportedly ...
by TN_Boy
Tue May 12, 2020 9:54 am
Forum: Personal Finance (Not Investing)
Topic: How to consider home improvement expenses
Replies: 25
Views: 1277

Re: How to consider home improvement expenses

We are doing some improvements to our home. Purely in regards to my expense tracking, I am wondering how much should be considered “expenses” versus how much should be considered an investment that increases house value. I guess the easy way would be to assume that every dollar spent on home improv...
by TN_Boy
Sat May 09, 2020 9:41 pm
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5321

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

COVID might reveal it more broadly, but I think almost anyone who has an experience with a loved one in a SNF of some sort is aware of how atrocious elder care is in this country. My father was only 70 when he went into one for rehab after a fall (facility chosen by him due to proximity from his ho...
by TN_Boy
Sat May 09, 2020 6:38 pm
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5321

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

Ah, your kids and friends might not be interested in that plan ....... The main reason people are in situation #2 is that their family is unwilling/unable (or both) to handle taking them in. You want the best for family but you'd also like a life of your own without the 24x7 responsibility of housi...
by TN_Boy
Sat May 09, 2020 12:04 pm
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5321

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

Don't put all the onus on Medicaid. There are facilities that won't accept Medicaid or are very restrictive, in order to have all or most residents with the financial resources to private pay. In my state, Medicaid pays a flat daily rate of about $158. Some of the private pay facilities are chargin...
by TN_Boy
Sat May 09, 2020 11:01 am
Forum: Investing - Theory, News & General
Topic: "The economy is in free fall. So why isn't the stock market?"
Replies: 153
Views: 15212

Re: "The economy is in free fall. So why isn't the stock market?"

Perhaps not mentioned yet: I think the vast majority of people who have filed for unemployment benefits are folks who don't invest and/or don't have retirement plans. Yes, some people who do have such plans are unemployed, but most of the unemployed are likely to be low wage earners without much sa...
by TN_Boy
Sat May 09, 2020 10:46 am
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5321

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

If you need the care, you either go to a SNF or you bring the SNF to your home. The second costs much more than the first. People in this thread have said "Don't go to a SNF under any circumstances" without any discussion of the alternative. What if we defined the alternative as laying in your own ...
by TN_Boy
Sat May 09, 2020 10:22 am
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5321

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

I am planning to stay in my home to my last day. If someone tries to alter my plan I will hire a lawyer to protect my rights. If you can’t take care of yourself (physical or mental problems) you may have no choice.) I hope you have resources to hire 24/7 home care. My guess is that 90% of the peopl...
by TN_Boy
Sat May 09, 2020 9:51 am
Forum: Personal Consumer Issues
Topic: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.
Replies: 80
Views: 5321

Re: COVID-19 has revealed the stark deficiencies in long-term care facilities regardless of ratings.

There are many of us Bogleheads who are thinking and planning about long term care for ourselves one day. The current situation has made it clear what a challenge we face. It's critical that you and I begin now to apply our due diligence. How can we determine which facilities to avoid? Is there rea...
by TN_Boy
Fri May 08, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: "The economy is in free fall. So why isn't the stock market?"
Replies: 153
Views: 15212

Re: "The economy is in free fall. So why isn't the stock market?"

When main street gets killed, corporations clean up. Err, no. Corporations sell things to main street. If main street has no money to buy things, corporations obviously are impacted, a lot. We are seeing bankruptcies in the retail sector (companies that were already in some trouble) and there will ...
by TN_Boy
Fri May 08, 2020 4:23 pm
Forum: Personal Consumer Issues
Topic: Amazon issues - cannot even cancel Prime really
Replies: 59
Views: 3728

Re: Amazon issues - cannot even cancel Prime really

Two day shipping guarantee is from the date Amazon ships an item, not from the day you order it.. Only applies to OOS items. From the FAQ you linked to confirms this: "If the item you're ordering is out of stock or unavailable to ship immediately, the shipping method time starts when the item ships...
by TN_Boy
Fri May 08, 2020 11:09 am
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5084

Re: Where do you back up your important data?

I've been thinking about how best to back up our important documents. Right now I'm using an external hard drive and USB stick to back up photos, music, tax returns, bank statements, wills, spreadsheets and word documents. That's working fine, but I'm thinking it might be a good idea to have at lea...
by TN_Boy
Wed May 06, 2020 10:45 am
Forum: Investing - Theory, News & General
Topic: Why do investors care when the market goes down?
Replies: 47
Views: 1756

Re: Why do investors care when the market goes down?

This post feels pretty troll-y to me. What is the point of it? Is the OP really trying to learn something or just looking for negative reactions? Sorry about that. I was trying to get perspective on why investors don't realize that in the long run everything will be okay. But life is composed of a ...
by TN_Boy
Wed May 06, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: Why do investors care when the market goes down?
Replies: 47
Views: 1756

Re: Why do investors care when the market goes down?

We have seen time and time again after large crashes there are even bigger recoveries. Why do investors care so much when the market goes down? :confused Are you retired without a salary? People without that money coming in look at things a bit differently. Also, even for experienced investors, wat...
by TN_Boy
Wed May 06, 2020 10:13 am
Forum: Investing - Theory, News & General
Topic: Why do investors care when the market goes down?
Replies: 47
Views: 1756

Re: Why do investors care when the market goes down?

We have seen time and time again after large crashes there are even bigger recoveries. Why do investors care so much when the market goes down? :confused Why shouldn't investors care when the market goes down? They lost money. Money that may never come back. I was thinking that investors only lose ...
by TN_Boy
Wed May 06, 2020 9:55 am
Forum: Investing - Theory, News & General
Topic: All my friends are outperforming index funds
Replies: 122
Views: 11142

Re: All my friends are outperforming index funds

Index funds and Buy and Hold investing tend to do their worst in a down Market. This is fairly obvious, Do you have any evidence to support that statement? Just the rational argument that, all else equal, if you spend anything less than 100% of your time in the market like a buy-and-hold investor w...
by TN_Boy
Wed May 06, 2020 9:47 am
Forum: Investing - Theory, News & General
Topic: Why do investors care when the market goes down?
Replies: 47
Views: 1756

Re: Why do investors care when the market goes down?

We have seen time and time again after large crashes there are even bigger recoveries. Why do investors care so much when the market goes down? :confused Are you retired without a salary? People without that money coming in look at things a bit differently. Also, even for experienced investors, wat...
by TN_Boy
Wed May 06, 2020 8:16 am
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7244

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

As I scan through this thread, I don t see any discussion about taxes. I presume when the op mentioned 35k per year in expenses, he was including income tax expenses. With 60% of the Wellington Fund in bonds, a significant portion of the dividends will be unqualified and therefore taxed as ordinary...
by TN_Boy
Tue May 05, 2020 5:01 pm
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7244

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

iamblessed wrote:
Tue May 05, 2020 4:53 pm
I was planning on maybe spending 30k to 55k a year depending what the dividends and capitals gains were that year. Do you think that would work?
To clarify when you say spend what "capitals gains were that year" do you mean the taxable capital gains distributions the fund pays out?
by TN_Boy
Tue May 05, 2020 3:21 pm
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7244

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

i believe some of the div cuts will be restored Eventually. And bond yields will rise (the fund is 60% bonds). Eventually. We just don't know when. The OP asking about pulling 3.5% from a 1M portfolio of Wellesley income. Right now, you have to sell shares to get that much out of the fund. Selling ...
by TN_Boy
Tue May 05, 2020 2:30 pm
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7244

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

KEotSK66 wrote:
Tue May 05, 2020 1:21 pm
i believe some of the div cuts will be restored
Eventually.

And bond yields will rise (the fund is 60% bonds). Eventually.

We just don't know when. The OP asking about pulling 3.5% from a 1M portfolio of Wellesley income. Right now, you have to sell shares to get that much out of the fund.
by TN_Boy
Tue May 05, 2020 1:05 pm
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7244

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

admiral shares of Wellesley, vwiax, have a ttm yield of 3.20% That's recent history. More recent history is that bond yields have dropped quite a bit this year, hence the SEC yield is about 2.7%, per vanguard. Unless bond yields spike back up again for some reason, I'd think the SEC yield is what a...
by TN_Boy
Tue May 05, 2020 11:01 am
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7244

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

I looked up the dividends and capitals gains for about 10 years they averaged 5.7%. The capital gains are cut down the next year after the market goes down. So that is not the big draw some people think. I think it is doable but one would need a budget that had a lot of flex to it. It might swing f...
by TN_Boy
Tue May 05, 2020 10:38 am
Forum: Personal Consumer Issues
Topic: Dyson Handheld Vacuum Cleaner - Battery replacement
Replies: 13
Views: 788

Re: Dyson Handheld Vacuum Cleaner - Battery replacement

Personally I only buy OEM batteries, as it is a complete crapshoot what you get from 3rd parties. Our Dyson could use a new battery as well - it doesn't operate reliably on the high power mode, although total run time doesn't much appear affected on the regular mode. Frankly, an additional $95 for ...
by TN_Boy
Tue May 05, 2020 10:32 am
Forum: Personal Consumer Issues
Topic: Considering getting an espresso maker - thoughts?
Replies: 52
Views: 2833

Re: Considering getting an espresso maker - thoughts?

Peet's Nespresso pods contain 7 grams of coffee. At $40 for 80 pods, you are paying over $32 a pound for coffee. Well, $10 a pound for coffee (the price for Peet's beans at Costco) and $22 for ??? A heresyyo Bogleheads may be that noy everything is measured by money. Guarantee my nesspresso pods an...
by TN_Boy
Tue May 05, 2020 10:20 am
Forum: Investing - Theory, News & General
Topic: All my friends are outperforming index funds
Replies: 122
Views: 11142

Re: All my friends are outperforming index funds

I wouldn't say only after long periods but certainly more likely. And that's your horizon if you're buying stocks, right? And over long periods that's where expenses start to pile up as well. Ask your friends for the specific trades and dates. Past and present/future. Couch it like you're trying to...
by TN_Boy
Mon May 04, 2020 10:12 am
Forum: Personal Consumer Issues
Topic: Considering getting an espresso maker - thoughts?
Replies: 52
Views: 2833

Re: Considering getting an espresso maker - thoughts?

All coffee preparation methods involve a balance between perceived quality, time, and expense, so your own priorities can help guide you towards the tools and techniques which suit your overall needs best. This. The Aeropress, used correctly with a good grinder is surprisingly good. We use an Aerop...
by TN_Boy
Mon May 04, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: How to I invest in the self-driving car industry?
Replies: 64
Views: 3278

Re: How to I invest in the self-driving car industry?

Remember the pedestrian killed a couple of years ago because the software wasn’t written to account for them? Oops. The difficulty in software is the edge cases. And the big world out there is all edge cases. I manage a software engineering team. Yes, there are lots of edge cases. What is the defin...
by TN_Boy
Mon May 04, 2020 8:59 am
Forum: Personal Consumer Issues
Topic: Considering getting an espresso maker - thoughts?
Replies: 52
Views: 2833

Re: Considering getting an espresso maker - thoughts?

I bought the Breville Oracle Touch right before the lockdown began and it has been a god send. I’m not very awake in the morning so having something that basically does everything for me has been great. It also passes the “easy to use” test with my SO, so I’m not stuck making all the drinks. Yes th...
by TN_Boy
Mon May 04, 2020 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe
Replies: 162
Views: 10091

Re: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe

I have major concerns with the whole SWR appoach. 1. It assumes that the worst financial performance that CAN occur HAS occurred. Before the Great Depression, nothing that bad had happened in the US. That did not make the Depression impossible. 2. It assumes that, unlike financial markets, which ar...
by TN_Boy
Mon May 04, 2020 8:00 am
Forum: Personal Consumer Issues
Topic: Considering getting an espresso maker - thoughts?
Replies: 52
Views: 2833

Re: Considering getting an espresso maker - thoughts?

I would suggest this instead. Get a gram scale, gooseneck electric kettle, and a chemex. I have never tasted anything other than rusty nails coming from a $400 espresso machine. If you get one, make a space for it in the garage because they're pretty messy for a normal kitchen. A bit over the top I...
by TN_Boy
Thu Apr 30, 2020 1:36 pm
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 536
Views: 35582

Re: tn

I think a dividend focused approach works best if you are not interested in optimizing your withdrawal, and you have more than enough so that fluctuations don't cause you problems. Which to be clear, is a good place to be and a reasonable approach in that situation. But if that's not quite the case...
by TN_Boy
Thu Apr 30, 2020 9:16 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 536
Views: 35582

Re: tn

hi But I'm asking you, what, as a dividend-focused investor, can I expect to get in terms of a SWR? Compared to a total return method, where we have lots of good research. if you draw no more than the dividends you're ok, no research needed you can probably even occasionally dip into the share base...
by TN_Boy
Wed Apr 29, 2020 9:56 pm
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 536
Views: 35582

Re: tn

hi But I'm asking you, what, as a dividend-focused investor, can I expect to get in terms of a SWR? Compared to a total return method, where we have lots of good research. if you draw no more than the dividends you're ok, no research needed you can probably even occasionally dip into the share base...
by TN_Boy
Wed Apr 29, 2020 9:49 pm
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 536
Views: 35582

Re: tn

hi But I'm asking you, what, as a dividend-focused investor, can I expect to get in terms of a SWR? Compared to a total return method, where we have lots of good research. if you draw no more than the dividends you're ok, no research needed you can probably even occasionally dip into the share base...