Search found 967 matches

by DanMahowny
Wed Sep 25, 2019 1:57 pm
Forum: Personal Consumer Issues
Topic: Suggestions for good leather shoe?
Replies: 43
Views: 6258

Re: Suggestions for good leather shoe?

Allen Edmonds, for sure. Buy their factory seconds. It's like stealing.
by DanMahowny
Tue Sep 24, 2019 2:21 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712597

Re: What Book Are You Currently Reading? Part VI

jginseattle wrote: Mon Sep 23, 2019 6:19 pm I just finished How Much Can I Spend in Retirement?: A Guide to Investment-Based Retirement Income Strategies, by Wade Pfau.

The book is full of useful information. Recommended.
Yes. Sir.

Read it twice this year. He has a new book coming- due Oct1?
by DanMahowny
Tue Sep 24, 2019 9:44 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 with young kids.
Replies: 30
Views: 5440

Re: Tesla Model 3 with young kids.

Vettepilot wrote: Mon Sep 23, 2019 7:39 pm I have a Model 3. My two kids (3 and 6) love it. But I wouldn't take it on a long trip with them.

I'm 6'7'', and the 6 year old fits fine behind me for any trip less than an hour. The 3-year old and her huge carseat sit behind my wife on the passenger side. We also have a minivan, but we find ourselves driving the Model 3 for anything around town.

It's the best car I've ever owned. It accelerates like a rocketship. Try your kids in it. If they like it, it's worth the sacrifice.
I've never known, or heard of, a 3 year old that has a strong opinion of an automobile. Until now . . .

Tesla changed all that. Tesla's are truly incredible. WOW! :D
by DanMahowny
Sat Sep 21, 2019 7:07 pm
Forum: Personal Investments
Topic: Currently invested in 100% stock
Replies: 138
Views: 18959

Re: Currently invested in 100% stock

Nothing wrong with 100% stock.

The question is, will you remain 100% stock if/when your investments decline 40%, 50%, 60%, or more?
by DanMahowny
Sat Sep 21, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 7760

Re: first house- 1 bedroom vs. 2 bedroom

real estate in SF is textbook example of the "Greater Fool Theory".

People will laugh about this someday.
by DanMahowny
Sat Sep 21, 2019 1:14 pm
Forum: Personal Consumer Issues
Topic: Boglehead Dating
Replies: 6
Views: 1651

Re: Boglehead Dating

Been married 25 years . . . .

Just now, I asked my bride, "Do you know what a Boglehead is?"

She replied, "Boglehead? What [deleted - mod oldcomputerguy] is that?"
by DanMahowny
Fri Sep 20, 2019 12:31 pm
Forum: Personal Investments
Topic: Has anyone heard of Beta Shield?
Replies: 27
Views: 2326

Re: Has anyone heard of Beta Shield?

MotoTrojan wrote: Fri Sep 20, 2019 12:24 pm I’d run away.
Me too, man. Although running after eating a free dinner isn't optimal.
by DanMahowny
Fri Sep 20, 2019 11:36 am
Forum: Personal Consumer Issues
Topic: How to handle "split-the-bill" group lunches?
Replies: 159
Views: 10814

Re: How to handle "split-the-bill" group lunches?

Nondrinkers are always getting the shaft. But that's okay.

I say, "be kind to drunk people, for every one of them is fighting an enormous battle."
by DanMahowny
Fri Sep 20, 2019 10:18 am
Forum: Personal Investments
Topic: Recession strategy in a non-boggleheads fashion
Replies: 20
Views: 3716

Re: Recession strategy in a non-boggleheads fashion

Cash is often king. I have repeatedly bought distressed assets during recessions and disposed of them at high multiples of purchase price. I have bought the same parcel of land 4 times now, each time a developer has improved it...LOL. Often with this it helps to be the money guy and work with specialists/experts who spot the assets and ferret out a handsome split for them. Areas I have bought into: Real estate Timber land Land Restaurant equipment and fixtures Trucks/Vans (sold a passel of the a few years bag to people wanting to go into the food truck business) Heavy Equipment Performance autos Distressed businesses where I brought in cash flow for a piece of the business A franchise (as the zor not the zee) A community bank Since you ask...
by DanMahowny
Wed Sep 18, 2019 4:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4651658

Re: U.S. stocks in free fall

GoldenFinch wrote: Wed Sep 18, 2019 3:57 pm We need a treading water thread. :happy
That's right! But I enjoy the two thread system.
by DanMahowny
Wed Sep 18, 2019 3:03 pm
Forum: Personal Consumer Issues
Topic: solar installation, question on added roof structural support
Replies: 20
Views: 1866

Re: solar installation, question on added roof structural support

I would continue to live without electricity before doing something like this.
by DanMahowny
Wed Sep 18, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: Best financial books for a new investor.
Replies: 15
Views: 1340

Re: Best financial books for a new investor.

WOW! Her financial advisor is probably making a killing.

Taylor wrote some great Boglehead books. Your sister can start (and end) with them.
by DanMahowny
Wed Sep 18, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: Blue Apron for a sick friend?
Replies: 41
Views: 3217

Re: Blue Apron for a sick friend?

Blue Apron "gift" would certainly end your friendship.
by DanMahowny
Wed Sep 18, 2019 12:20 pm
Forum: Personal Investments
Topic: Recession strategy in a non-boggleheads fashion
Replies: 20
Views: 3716

Re: Recession strategy in a non-boggleheads fashion

Hi BGF, As a mental exercise, I like to try to think about alternate approaches to a problem I'm currently working on to help me understand my bias or blindspots. Today's problem is preparing for the (probable) upcoming recession. I know my personal context, assumptions, and strategy, but I'm hoping BH can help me think outside the box. For instance, if i were a speculator, how would I act in the next 2 years? What are some serious alternate strategies to the BG philosophy concerning recession preparedness? I sold ALL equities in Jan2018. My current portfolio is short term treasuries, TIPs, gold, and cash (plus a large short position- Tesla). This portfolio has outperformed any stock-based portfolio since Jan2018. I expect it will hold up ...
by DanMahowny
Wed Sep 18, 2019 10:16 am
Forum: Personal Consumer Issues
Topic: Used Tesla S or new Tesla 3?
Replies: 40
Views: 4610

Re: Used Tesla S or new Tesla 3?

I'd rather have the horse
by DanMahowny
Tue Sep 17, 2019 7:51 pm
Forum: Personal Consumer Issues
Topic: Retirees that have hobbies that make money - what are they?
Replies: 26
Views: 4023

Re: Retirees that have hobbies that make money - what are they?

to those that asked . . . . I do not play poker- I take money from the casino (not other players). I play video poker (machines) when the pay table and cash-back makes it worthwhile. But it's mostly hole-carding, ace tracking, some straight counting, and occasional edge sorting (hard to believe opportunities still exist). But nearly half of my profits have come from loss rebates, and a few other things I need to keep to myself. It's actually pretty easy to beat the casino. But you have to do it while looking like a typical moron ploppy, otherwise the casino will kick you out. Contrary to what most believe, nearly every game is beatable. A couple books for further study- Exhibit CAA, Advanced Advantage Play. Both are hard to find and expensi...
by DanMahowny
Tue Sep 17, 2019 1:58 pm
Forum: Personal Consumer Issues
Topic: Retirees that have hobbies that make money - what are they?
Replies: 26
Views: 4023

Re: Retirees that have hobbies that make money - what are they?

Mr. Rumples wrote: Tue Sep 17, 2019 10:28 am I have two that make a bit of change. I paint abstracts. I sell them for about $200 each; covers the cost of the paint, canvas and my time; the kind you see hanging in coffee shops. I also run a little organic herb garden. Folks are welcome to pick what they want and leave payment in the honesty box. I tried eggs, but it was too much work. I only have one chicken left, she's a lap chicken now; spoiled rotten; they are actually very smart birds.
Mr Rumples is an interesting dude, for sure. Thanks for sharing.
by DanMahowny
Tue Sep 17, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: Best Leaf Blower?
Replies: 70
Views: 6804

Re: Best Leaf Blower?

I keep an electric blower in my golf cart. I use it to blow the leaves out of my line before I putt (Oct-Dec). Otherwise they aren't much good for anything other than a toy for a small child to "help Dad in the yard".

If you have work that needs done, gasoline is the answer.
by DanMahowny
Tue Sep 17, 2019 10:16 am
Forum: Personal Consumer Issues
Topic: Retirees that have hobbies that make money - what are they?
Replies: 26
Views: 4023

Re: Retirees that have hobbies that make money - what are they?

JacobTeach wrote: Tue Sep 17, 2019 8:34 am From the seasoned retirees thread:
DanMahowny wrote: Mon Sep 16, 2019 10:03 am Find two hobbies:
One to make you money. One to keep you in shape.

Many posters, including myself, were curious about the details of such hobbies! If you have a hobby that makes money, what is it? And if you don’t mind sharing, how much does it make/how much did you have to invest to started?
I'm an advantage gambler. I make as much money as I can without getting kicked out of the casino. Each casino has it's own tolerance for losses, level of heat.
by DanMahowny
Mon Sep 16, 2019 10:03 am
Forum: Personal Consumer Issues
Topic: Seasoned retirees...
Replies: 52
Views: 5930

Re: Seasoned retirees...

Find two hobbies:
One to make you money. One to keep you in shape.
by DanMahowny
Sun Sep 15, 2019 5:09 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 12295

Re: Do You Tip At Counter Service Restaurants?

I actually enjoy giving some cash to people working crappy jobs for low pay. I feel no pressure to do it; I want to do it.
by DanMahowny
Sun Sep 15, 2019 10:45 am
Forum: Investing - Theory, News & General
Topic: Oil price going to a $100-- time to change your asset allocation??
Replies: 86
Views: 9981

Re: Oil price going to a $100-- time to change your asset allocation??

unclescrooge wrote: Sun Sep 15, 2019 10:27 am If all passenger cars worldwide searched to electricity, how would this affect consumption of oil?
Based on what I read here on Bogleheads, one can spend $60,000 on a Tesla and basically become overnight millionaires on the gas savings alone. :wink:
by DanMahowny
Sun Sep 15, 2019 10:42 am
Forum: Personal Consumer Issues
Topic: Senior fell in major store
Replies: 25
Views: 3629

Re: Senior fell in major store

What did the store do to cause you to fall?
by DanMahowny
Sun Sep 15, 2019 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Left Over 529
Replies: 9
Views: 1682

Re: Left Over 529

It's not your money. Stay out of it.
by DanMahowny
Sun Sep 15, 2019 6:58 am
Forum: Investing - Theory, News & General
Topic: Oil price going to a $100-- time to change your asset allocation??
Replies: 86
Views: 9981

Re: Oil price going to a $100-- time to change your asset allocation??

OP- it's your call, but I'd recommend that you reduce stock exposure. Roughly 0% seems about right (+ or - 0).

That's what I did in Jan2018 and my portfolio has performed very well since then. There will come a day that you can get back into stocks at substantially lower prices (far, far lower than the Dec lows).
by DanMahowny
Sun Sep 15, 2019 6:52 am
Forum: Personal Consumer Issues
Topic: High-dollar Plumbing Issue Decision
Replies: 21
Views: 3643

Re: High-dollar Plumbing Issue Decision

Erase #5 from your mind. Do not be tempted.

Stupid people choose #5, every time.
by DanMahowny
Sat Sep 14, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: > 6 months medical leave
Replies: 23
Views: 3024

Re: > 6 months medical leave

What is your job? And why can't you do it?
by DanMahowny
Sat Sep 14, 2019 7:31 am
Forum: Personal Consumer Issues
Topic: Phones with longest battery life?
Replies: 18
Views: 1958

Re: Phones with longest battery life?

Momus wrote: Sat Sep 14, 2019 7:29 am
DanMahowny wrote: Sat Sep 14, 2019 7:26 am I charge my phone every 4th day on average.

It's a Google Pixel2 XL. I doubt the phone has extraordinary battery life though.

It seems I'm NOT one of the unfortunate humans that spends their entire life staring at a 5.5" screen.
It's 6.7 inch :P
Seriously? (nevermind, I don't doubt you). I honestly had no idea. Funny stuff. Thanks.
by DanMahowny
Sat Sep 14, 2019 7:26 am
Forum: Personal Consumer Issues
Topic: Phones with longest battery life?
Replies: 18
Views: 1958

Re: Phones with longest battery life?

I charge my phone every 4th day on average.

It's a Google Pixel2 XL. I doubt the phone has extraordinary battery life though.

It seems I'm NOT one of the unfortunate humans that spends their entire life staring at a 5.5" screen.
by DanMahowny
Fri Sep 13, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 9435

Re: Whistleblowing / Going Rogue at Work

Meeting or not, you're fired. 100%.
by DanMahowny
Fri Sep 13, 2019 11:26 am
Forum: Personal Consumer Issues
Topic: Best Leaf Blower?
Replies: 70
Views: 6804

Re: Best Leaf Blower?

Any gas blower will do. Avoid the electric blowers- these are toys, not tools.
by DanMahowny
Fri Sep 13, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 9435

Re: Whistleblowing / Going Rogue at Work

I say nothing anonymously that I wouldn't say in person. I suggest you do the same.
by DanMahowny
Thu Sep 12, 2019 6:37 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 11463

Re: Too Late To Get Back Into Stocks?

OP- if you "get back into stocks" and the market crashes . . . . . what are you going to do?
by DanMahowny
Tue Sep 10, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 14708

Re: 5% Withdrawal Rate Recommended by US News Columnist

willthrill81 wrote: Tue Sep 10, 2019 5:50 pm
DanMahowny wrote: Tue Sep 10, 2019 5:47 pm Dave Ramsey would ponder why so low? He recommends 12% or some crap.
He's a lot more conservative than that. He says that 8% is safe. :twisted:
Thanks man, you're right.
by DanMahowny
Tue Sep 10, 2019 5:47 pm
Forum: Investing - Theory, News & General
Topic: 5% Withdrawal Rate Recommended by US News Columnist
Replies: 141
Views: 14708

Re: 5% Withdrawal Rate Recommended by US News Columnist

Dave Ramsey would ponder why so low? He recommends 12% or some crap.
by DanMahowny
Tue Sep 10, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Long term storage of clothes
Replies: 21
Views: 2281

Re: Long term storage of clothes

The items must not be wanted very badly if you're gonna put them in a box and store them "long term". When I think "long term storage", I think landfill. Throw them in the trash and free yourself.

The things you own end up owning you.
by DanMahowny
Mon Sep 09, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Lending to friend to India
Replies: 54
Views: 5350

Re: Lending to friend to India

I have no words . . . .
by DanMahowny
Mon Sep 09, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Have you been doing better than your parents?
Replies: 30
Views: 2782

Re: Have you been doing better than your parents?

My parents are broke, live in poverty.

Can't help them- if I gave them money, they would squander it immediately.
by DanMahowny
Sun Sep 08, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Elderly Parents have 3 day layover in Fort Lauderdale. What to do?
Replies: 24
Views: 3011

Re: Elderly Parents have 3 day layover in Fort Lauderdale. What to do?

Gulfstream Park. They can lay down some action (horse racing).
by DanMahowny
Sun Sep 08, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 65
Views: 7072

Re: Solar Install w/ SolarCity

$76,000 !!!

Now, that's a big electric bill. WOW!
by DanMahowny
Sun Sep 08, 2019 10:13 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712597

Re: What Book Are You Currently Reading? Part VI

hilink73 wrote: Fri Sep 06, 2019 6:37 am I've just finished "Deep survival - who lives, who dies and why" by Laurence Gonzales.

It's not about "technical" survival skills but much more about the mindset which divides survivors from those who don't make it out alive.
Very interesting, fast read. And not only relatable to outdoor survival situations.
Sounds interesting. Just reserved at my library. Thanks man.
by DanMahowny
Sun Sep 08, 2019 10:06 am
Forum: Personal Consumer Issues
Topic: Costco washer/dryer delivery: tipping?
Replies: 54
Views: 15653

Re: Costco washer/dryer delivery: tipping?

I am a frequent tipper, and usually overtip.

But, the washer and dryer delivery guys will get nothing.
by DanMahowny
Sun Sep 08, 2019 10:02 am
Forum: Personal Consumer Issues
Topic: Microwave keeps tripping circuit breaker
Replies: 34
Views: 7620

Re: Microwave keeps tripping circuit breaker

Return it, if possible, otherwise throw it in the trash.

This is not something to mess with.
by DanMahowny
Sat Sep 07, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can it get better than 15 year fixed mortgage at 3%?
Replies: 44
Views: 4374

Re: Can it get better than 15 year fixed mortgage at 3%?

Chunkachange wrote: Fri Sep 06, 2019 8:25 pm My 15 yr mortgage, refinanced Nov 2012 is at 2.375%.

A similar rate now would make moving a bit more attractive.
You have me beat. Nice job man.

I have a 15 yr at 2.59%
by DanMahowny
Thu Sep 05, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners insurance -- agent trying to steer me to low deductible vs high?
Replies: 26
Views: 1780

Re: Homeowners insurance -- agent trying to steer me to low deductible vs high?

You're on the right track doss. High deductibles are better assuming you have the funds necessary to pay the deductible if/when disaster strikes.

I carry the highest deductibles allowed. And in many cases carry no insurance at all (liability only).
by DanMahowny
Thu Sep 05, 2019 1:38 pm
Forum: Investing - Theory, News & General
Topic: I'm calling a bond bottom.
Replies: 55
Views: 13810

Re: I'm calling a bond bottom.

Great call Fred!

You pretty much nailed it, yet the "market timing is impossible" types are saying you were wrong.
by DanMahowny
Wed Sep 04, 2019 6:02 pm
Forum: Personal Consumer Issues
Topic: What equipments should I have for TV installer?
Replies: 43
Views: 2725

Re: What equipments should I have for TV installer?

Sorry OP, this is nuts.

Where did you buy the tv?
by DanMahowny
Wed Sep 04, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: What equipments should I have for TV installer?
Replies: 43
Views: 2725

Re: What equipments should I have for TV installer?

Dude, don't put a tv above the fireplace.

Your neck will break.