Search found 413 matches

by Ping Pong
Tue Dec 11, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Hiding Identity of Trust Owner: Registered Agent Services Needed?
Replies: 20
Views: 1833

Re: Hiding Identity of Trust Owner: Registered Agent Services Needed?

If the name of the owner of a trust isn’t in the public record, you can never be 100% sure you are the owner.
by Ping Pong
Sun Dec 09, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate the value of a Forever... [investment]
Replies: 10
Views: 1268

Re: How to calculate the value of a Forever... [investment]

For a forever service like a domain name, it is yearly cost divided by interest rate. So for registration fees of $12 a year and an interest rate of 3% real, it would be $12/.03 = $400. For a forever one time thing like a stamp, it depends on how long you plan on waiting before you use it. if you as...
by Ping Pong
Thu Dec 06, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Should we sell farmland to coal company?
Replies: 33
Views: 2003

Re: Should we sell farmland to coal company?

I live a few miles away from a rock quarry mine. I wouldn't even know it was there, except that it's mentioned in the local newspaper a few times a year. A small road off of a main road leads to it, and I guess dump trucks come and go.
by Ping Pong
Sat Dec 01, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: Federal Reserve Report: Millennials are poorer than previous generations
Replies: 17
Views: 2193

Re: Federal Reserve Report: Millennials are poorer than previous generations

ebrasmus21 wrote:
Sat Dec 01, 2018 12:09 am
The baby boomers that raised them did a great disservice teaching millennials to behave/think that way.
If their generation x parents raised them, the boomer grandparents wouldn’t have to,

It’s really the silent generation’s fault for not raising their kids to raise their grandkids properly.
by Ping Pong
Tue Nov 27, 2018 6:41 am
Forum: Investing - Theory, News & General
Topic: Do you need to invest mostly in stocks to get rich?
Replies: 178
Views: 17020

Re: Do you need to invest mostly in stocks to get rich?

Really what we have is c. 117 years of data (Dimon Marsh) for about 20 "survivor" markets. Some did quite badly (Belgium) some did very well (Australia, USA). But that's only 6 20 year independent periods, for example. Equities are a decent bet, but they cannot be entirely relied upon. It's been aw...
by Ping Pong
Sun Nov 25, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Destroying my lease mileage
Replies: 26
Views: 2588

Re: Destroying my lease mileage

Can’t you buy the car at the end of the lease at a preset price? Or you can trade it in and only pay the difference between market value and buyout price. This may be lower than the mileage penalty.
by Ping Pong
Mon Nov 19, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17198

Re: Vanguard lowering Admiral level to $3,000?

I wish they would get rid of the Admiral share class instead, and lower the expense ratio of the Investor shares to what Admiral is. The Investor class has better ticker symbols. And they're already in third party brokerages. edit: another poster mentioned they're keeping Investor shares so they can...
by Ping Pong
Sun Nov 18, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: solo 401k worth it, if I can only put $3200 a year in it?
Replies: 18
Views: 1179

Re: solo 401k worth it, if I can only put $3200 a year in it?

As an alternative to a solo 401k, you can open a SEP-IRA. The employer contribution has the same 20% limit. Your employee limit is already maxed out at your W-2 job, so the solo 401k doesn’t help you there unless you would like to reduce your contributions to your w2 plan in order increase them in y...
by Ping Pong
Wed Nov 14, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: Dumb question about bedding and comforters
Replies: 20
Views: 1704

Re: Dumb question about bedding and comforters

Whenever we use a duvet cover, the duvet insert/comforter ends up bunched in one corner. How do you avoid that?
by Ping Pong
Sat Nov 10, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Worth fixing a 30-year-old Maytag dryer?
Replies: 66
Views: 13124

Re: Worth fixing a 30-year-old Maytag dryer?

If the dryer is adjustable there is no point in making it fixed at the end of its term
by Ping Pong
Fri Nov 09, 2018 8:34 pm
Forum: Personal Consumer Issues
Topic: Alcohol related gift idea - nice glasses for drinking spirits?
Replies: 17
Views: 1497

Re: Alcohol related gift idea - nice glasses for drinking spirits?

Whiskey drinker here. An important accessory is an ice tray that makes large cubes or large spheres of ice. These melt slower, allowing the whiskey to be chilled without as much dilution. There are also clear ice trays that make, you guessed it, clear ice. But those are somewhat pricey and you migh...
by Ping Pong
Tue Nov 06, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Interest Adjustment Issue
Replies: 2
Views: 277

TIPS Interest Adjustment Issue

I hold a bunch of individual TIPS at Vanguard. When looking at my transaction history, my 10 yr TIPS maturing 1/15/2019, 1/15/2020, and 1/15/2021 paid their coupons on July 16. Vanguard is showing the coupon as being paid as "Interest". On the very next line on the same day they show "Interest (adju...
by Ping Pong
Mon Nov 05, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: Duration matching with TIPS funds instead of buying individual TIPs
Replies: 16
Views: 1286

Re: Duration matching with TIPS funds instead of buying individual TIPs

This is pretty simple. You buy the 10 year TIPS, and the coupons end up in your money market account. When you have enough cash to purchase one additional bond, you buy it on the secondary market. You'll be buying an additional bond of the maturity that you already own. This is what I do, and it's e...
by Ping Pong
Thu Nov 01, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Too much risk in this retirement draw down plan?
Replies: 21
Views: 2036

Re: Too much risk in this retirement draw down plan?

You don’t have to change your asset allocation when you realize capital gains every 4 years. You can buy back the same fund on the same day and stay invested the whole time. This is called tax gain harvesting. You could then withdraw from the funds slowly over the next 3 years selling shares that yo...
by Ping Pong
Mon Oct 29, 2018 3:11 pm
Forum: Personal Consumer Issues
Topic: What would you call this kind of cord?
Replies: 24
Views: 1574

Re: What would you call this kind of cord?

Oftentimes when you have a device with these types of connectors (the 3 pin and 2 pin ones), the power supply can handle from 100-250V, 50-60Hz. When you travel to another country, all you need is a different cord. You don't need a power adaptor. Check the label on the device to make sure it has the...
by Ping Pong
Tue Oct 23, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: Hedging tomorrow's tax rates
Replies: 32
Views: 2680

Re: Hedging tomorrow's tax rates

OP mentions 165K of taxable retirement income. This is far above the norm. If you rerun your analysis with more normal numbers, I think the outcome would be different. Also, if you're saving enough so that you'll have 165K of taxable income in retirement (which means your income is higher than that ...
by Ping Pong
Sun Oct 21, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: No power in half the house
Replies: 17
Views: 1685

Re: No power in half the house

I’ve had this happen before. In our case is was one of the two main fuses near the power entrance that had blown. Circuit breakers are designed to stop both sides of the 240v when they trip. Fuses don’t have that feature.
by Ping Pong
Tue Oct 16, 2018 6:00 am
Forum: Personal Consumer Issues
Topic: 1950s home. Replace drywall and insulation or repair it
Replies: 19
Views: 1766

Re: 1950s home. Replace drywall and insulation or repair it

Drywall mud and insulation of that era can contain asbestos. The paint can also have lead in it. You may be turning your house into a hazardous site by disturbing it. Most lead poisonings happen during and shortly after renovations. You can take samples to a local lab to have them tested. Also, when...
by Ping Pong
Tue Oct 16, 2018 5:40 am
Forum: Investing - Help with Personal Investments
Topic: Start a Treasury Ladder... or not?
Replies: 17
Views: 2340

Re: Start a Treasury Ladder... or not?

That sounds an awful [lot] like Vanguard Treasury Money Market fund. What ... are you trying to gain from DIY? Vanguard Treasury Money Market Fund (VUSXX) currently has a 7-day SEC yield of 2.05%. The Investment Rate at the last 26-week T Bill auction was 2.44%. In exchange for some interest rate r...
by Ping Pong
Sun Sep 23, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: Bareboat Charter in BVI
Replies: 20
Views: 2660

Re: Bareboat Charter in BVI

If you’re going bareboat, you’ll need extra sunscreen.
by Ping Pong
Tue Sep 18, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor - .30%
Replies: 23
Views: 3256

Re: Vanguard Personal Advisor - .30%

I'm having trouble seeing what the .33% advisor fee gets me. ... The funds automatically rebalance regularly. ... When I make a contribution to an account, I don't have to decide the allocation between funds in the account. When I'm older and start to take distributions, they will know which funds ...
by Ping Pong
Thu Sep 06, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF
Replies: 48
Views: 5760

Re: September 6,2018-Vanguard Introduces Low-Cost Total World Bond ETF

Vulcan wrote:
Thu Sep 06, 2018 5:04 pm

With VT's expense ratio where it's at and now this new fund all one needs to be globally diversified at market cap is VT+BNDW.
Whoa, slow down. Bndw in choosing its index made a conscious choice to underweight Tips. You’ll have to use 3 funds to get market weight.
by Ping Pong
Tue Sep 04, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: Gentlemen: underwear shopping question
Replies: 35
Views: 4122

Re: Gentlemen: underwear shopping question

I’ve always heard money is really dirty. Now I know why.
by Ping Pong
Fri Aug 31, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: Native German speakers: need help with translation.
Replies: 17
Views: 2020

Re: Native German speakers: need help with translation.

Instead of having one custom made, just get one from a Lufthansa WC door from the junkyard.
by Ping Pong
Wed Aug 29, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4323

Re: Bone in my food

omgbirdman wrote:
Wed Aug 29, 2018 12:34 pm
I would advise not eating 5 day old chicken anyway, regardless of bone content..
I don’t think even veal chicken is that young. They still have egg on their feathers at that age.
by Ping Pong
Tue Aug 28, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Escheatment - a series of mole holes
Replies: 24
Views: 1254

Re: IRA Escheatment - a series of mole holes

How often do you have to visit a safety deposit box to keep it active? Is there any special procedure to keep raw land active? I’m guessing it would vary by state.
by Ping Pong
Wed Aug 22, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 247
Views: 17012

Re: Good Non-Boring Boglehead Cars Under $30k

Unless you have a need to go through wood, non-boring is the way to go.
by Ping Pong
Mon Aug 13, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can the greedy 'Private Bank' make any money off my index funds?
Replies: 21
Views: 2266

Re: Can the greedy 'Private Bank' make any money off my index funds?

You’ll need to get 15 medallion signature guarantees if you ever want to transfer your money out.
by Ping Pong
Sat Aug 11, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 7419

Re: Private Banking is a trap. Don't do it!

DualCitizen wrote:
Sat Aug 11, 2018 8:28 pm
The reason I haven't firmly said no is because I want to stay at the Private Bank now (due to better service).
How is the service better if you only write checks? Were they accidentally bouncing legitimate checks in the old account or something?
by Ping Pong
Mon Aug 06, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6842

Re: Jamie Dimon: Higher rates are coming

AlohaJoe wrote:
Mon Aug 06, 2018 9:37 am
In 2013 Jamie Dimon bet $5 billion that rates were going to 3%. (They didn't.)
I thought rates went to 3% in 2014.
by Ping Pong
Fri Aug 03, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Co - signed a Mortage, Now wants out
Replies: 57
Views: 6327

Re: Co - signed a Mortage, Now wants out

Tamarind wrote:
Fri Aug 03, 2018 8:24 am
I don't know if they're extinct or not. Let's just say I've never seen one in the wild, and OP would not have ended up with one by accident.
I thought FHA loans were assumable in the wild. If OP has an FHA loan, then he may have one by accident.
by Ping Pong
Thu Aug 02, 2018 6:37 pm
Forum: Personal Consumer Issues
Topic: This Water Leak is Maddening
Replies: 13
Views: 2220

Re: This Water Leak is Maddening

We had a leak that only happened when the shower or tub valve stem was in the open position.
by Ping Pong
Thu Aug 02, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Which offer to accept on vacant land?
Replies: 17
Views: 1968

Re: Which offer to accept on vacant land?

I don't know anything about raw land, but they are offering you similar prices to what farmland in the middle of nowhere costs. If it were me and I was willing to wait indefinitely for a good offer to come along, I'd tell all bidders they need to post an immediate deposit which equals reasonable car...
by Ping Pong
Wed Jul 18, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Computer Clocks
Replies: 17
Views: 1736

Re: Computer Clocks

5 minutes isn’t too bad. I always have a 4 or 5 hour delay from GMT.
by Ping Pong
Wed Jul 18, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3491

Re: How Unclaimed Property Laws Can Affect Retirees

How should we keep pensions active? I have a pension that wont have any activity for another couple of decades. I’m not even allowed to create any activity in it before then.
by Ping Pong
Wed Jul 18, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: The other side of stock buybacks
Replies: 24
Views: 2384

Re: The other side of stock buybacks

Not the first time Ive seen this called out. What I would also like to see in these analyses - if its even possible - is a breakdown of how much of those insider sales are option exercises vs. sale of shares they already held. I'd bet money its mostly the former. Which makes the motive for doing bu...
by Ping Pong
Wed Jul 11, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Neighbor’s Contractor Damaged Adjoining Property
Replies: 30
Views: 2436

Re: Neighbor’s Contractor Damaged Adjoining Property

The person should contact the contractor who built the driveway. If it can’t handle a truck driving on it, it wasn’t built properly.
by Ping Pong
Sun Jun 24, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: "distilled" water for wife's CPAP machine
Replies: 74
Views: 6022

Re: "distilled" water for wife's CPAP machine

Unless you use a food grade condenser, you would also likely end up with lead in the water, which is toxic. Regular condensers can be constructed with lead solder.
by Ping Pong
Sun May 27, 2018 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Is having insurance from 5 different companies normal?
Replies: 15
Views: 1797

Re: Is having insurance from 5 different companies normal?

Your umbrella should be with the same company as your home and auto insurance. The reason is that you want everyone's interests to be aligned; if you are sued for more than your auto policy limits, you do not want two different insurers who have to negotiate a settlement. It should make no differen...
by Ping Pong
Tue May 01, 2018 5:57 am
Forum: Personal Consumer Issues
Topic: Sprinkler system burst, company won't honor guarantee, what to do?
Replies: 21
Views: 3527

Re: Sprinkler system burst, company won't honor guarantee, what to do?

It might not even be the guy’s fault. If your valve has a tiny leak, the pipes could have slowly filled up with water.
by Ping Pong
Thu Apr 19, 2018 6:33 am
Forum: Investing - Theory, News & General
Topic: Goof? Prime MM, "retail," "Admiral," $5 million minimum?
Replies: 20
Views: 3238

Re: Goof? Prime MM, "retail," "Admiral," $5 million minimum?

I think by law, institutions are no longer allowed to own this type of money market fund, hence the name change to Admiral.
by Ping Pong
Sat Apr 07, 2018 5:47 am
Forum: Investing - Theory, News & General
Topic: Global Stock Markets in the Twentieth Century
Replies: 16
Views: 1271

Re: Global Stock Markets in the Twentieth Century

It looks like Italian bonds went from 1 to 2000 in 55 years for a cagr of almost 15% real. Impressive. I’d hate to try to get a mortgage in that era.
by Ping Pong
Mon Apr 02, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 12678

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Most surprising, emerging markets appear to mostly sell to each other, with rather small penetrations into the developed countries so far — at least as of 2014. I don’t think the graph differentiates between selling within a country versus selling within a region. So emerging markets might mostly b...
by Ping Pong
Thu Mar 29, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Treasury Floating Rate Note-Has its Time Arrived?
Replies: 40
Views: 4609

Re: Treasury Foating Rate Note-Has it's Time Arrived?

I just checked Vanguard and they show no FRN’s available on the secondary market. So it seems that with the 2 year FRN, you get a yield similar to a t-bill, but no liquidity if held at Vanguard.
by Ping Pong
Tue Feb 13, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 102
Views: 7732

Re: Question for music experts about musical keys

The key the song is in shouldn’t make a big difference. Oftentimes they pick a key that matches the singer’s optimal vocal range. The flat or sharp that the first note happens to begin on shouldn’t matter either. It’s only flat relative to C major. But relative to the key the song is in, it’s not fl...
by Ping Pong
Thu Feb 08, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Tip amount for daily newspaper delivery
Replies: 21
Views: 2243

Re: Tip amount for daily newspaper delivery

It sounds like I need to see if I can get a job as a paper delivery person at the beginning of December and quit at the end of the month.
by Ping Pong
Tue Jan 30, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Low depth elongated toilet?
Replies: 22
Views: 2571

Re: Low depth elongated toilet?

I think depth is overblown. I’d be more worried about how cold the water is.
by Ping Pong
Sun Dec 31, 2017 7:05 am
Forum: Investing - Theory, News & General
Topic: Before buying gold, have a look at these returns since 1975
Replies: 84
Views: 8119

Re: Before buying gold, have a look at these returns since 1975

What I have seen somewhere is that gold is very useful for storing a constant value over the extreme long term, so a nice men's suit in the 1800s cost about an ounce of gold and it still does today. A highly volatile zero real return asset that's not really correlated to anything does have some div...