Search found 159 matches

by baconavocado
Sun Sep 23, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 32
Views: 1885

Re: Minimalist Lifestyle

I think you would have a very uninteresting life if you could live out of a couple suitcases, and you would have to hire someone to do absolutely everything for you because you would have no tools or supplies to fix anything in your life. What sort of interests or hobbies do you have? Gardening? Coo...
by baconavocado
Tue Aug 28, 2018 11:22 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11245

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Based on a recent thread, I'd say net worth means many different things to different people.
by baconavocado
Tue Aug 28, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Recommend a good SOCK. Yes, I said SOCK!
Replies: 48
Views: 3974

Re: Recommend a good SOCK. Yes, I said SOCK!

This thread reminds me of an episode of Seinfeld.
by baconavocado
Sun Aug 26, 2018 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6636

Re: How do you calculate net worth with pensions?

Turbo29 wrote:
Sun Aug 26, 2018 8:17 pm
baconavocado wrote:
Sun Aug 26, 2018 8:05 pm

It won't explode because I never said that only heritable assets should be considered in a net worth calculation. I was taking the opposite position.
Sorry turbo, I caught your qoute in the crossfire.

Bgyt, I get it, I'm signing off on this thread.
by baconavocado
Sun Aug 26, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6636

Re: How do you calculate net worth with pensions?

If one has $1million in assets they have one million in assets. Now if they take $500K of that and purchase an annuity do half of their assets vanish the second the ink is dry on the annuity contract? Of course not. Yes! It really does vanish! If you sign an immediate annuity and die a year later, ...
by baconavocado
Sun Aug 26, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6636

Re: How do you calculate net worth with pensions?

You are 100% dead wrong. Your net worth is your (Assets - liabilities) A pension is a source of income, it is NOT an asset, you have no legal ownership of it, you cannot pass it to your heirs upon death. Let me use an analogy to explain how ridiculous it is to believe a pension is an asset. The hos...
by baconavocado
Sun Aug 26, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: How do you calculate net worth with pensions?
Replies: 105
Views: 6636

Re: How do you calculate net worth with pensions?

A pension definitely adds to your net worth. If you don't think so, tell me if someone said they're going to start paying you $5,000/month for the rest of your life, are you wealthier before or after they did this? How to calculate the value? Like @marshall said earlier, it's the same value as an if...
by baconavocado
Fri Aug 24, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: Is it worth chasing down this $10 fee?
Replies: 38
Views: 3086

Re: Is it worth chasing down this $10 fee?

Your card issuer is probably trying to think of other ways to get this $10 fee tacked onto any other new payment methods. They're probably going, yeah, we gotta keep cloaking out account numbers so these new systems can't detect that this isn't a debit account. I would complain. If you've been with ...
by baconavocado
Mon Aug 20, 2018 6:29 pm
Forum: Personal Consumer Issues
Topic: No advance notice to employer
Replies: 42
Views: 3989

Re: No advance notice to employer

I quit my job and retired without any advance notice. I came in on a Saturday and cleaned out my office and then sent an email to my boss. The only possible disadvantage to me was that I had a substantial amount of accrued leave time and in most cases my employer had allowed retirees to count that t...
by baconavocado
Thu Aug 16, 2018 11:29 pm
Forum: Personal Consumer Issues
Topic: What to do in Seattle around Christmas?
Replies: 29
Views: 1505

Re: What to do in Seattle around Christmas?

Rent a place on one of the islands, preferably with a fireplace or wood stove and a view of the sound. Stoke the fire, read books, listen to Canadian public radio, cook fresh seafood, go hiking in between storms.
by baconavocado
Tue Aug 14, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

Some commenters are mentioning Italy and some other European countries. I thought it was quite difficult to get a resident visa in these places. I've heard that it's even hard for an American citizen to retire in Canada. Mexico. Central and South America, yes, Europe and Canada, no. Am I wrong?
by baconavocado
Tue Aug 07, 2018 12:24 am
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 3132

Re: Relaxing - quieting the mind

Sandtrap wrote:
Mon Aug 06, 2018 11:45 pm
2. Cat sleeping on your lap as you do the above.
But not with a fat, long-haired cat who sheds and drools.
by baconavocado
Tue Aug 07, 2018 12:19 am
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 3132

Re: Relaxing - quieting the mind

Intense exercise, like long runs or long, strenuous bicycle rides, with steep climbs, in the heat, preferably with a partner who is in better shape than you. Or a 2 hour spin class, or 1 hour of interval training on a treadmill. It might not seem relaxing at first, but 30 mins. after you stop you wi...
by baconavocado
Sun Jul 22, 2018 11:47 pm
Forum: Personal Consumer Issues
Topic: Rotating Tires in Honda Odyssey
Replies: 15
Views: 1528

Re: Rotating Tires in Honda Odyssey

I rotate approx. every 10K miles, and I alternate between front <=> back and cross. But I'll usually do it on an oil change day so I might miss the 10K mark by a few thousand K plus or minus.
by baconavocado
Sun Jul 22, 2018 11:44 pm
Forum: Investing - Theory, News & General
Topic: Inflation — Perspectives from Two Centuries, 1800-2016
Replies: 33
Views: 3290

Re: Inflation — Perspectives from Two Centuries, 1800-2016

What causes inflation exactly? In the 1970-80s (10-15% annual inflation) wasn't it related to petroleum prices? So shortages of a key resource, whether artificial or actual. And war. If so, I think inflation is still a very real risk today. The more important question might be how does a BH hedge th...
by baconavocado
Sun Jul 22, 2018 11:31 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead plumbers? Need help.
Replies: 16
Views: 1750

Re: Any Boglehead plumbers? Need help.

I'm not an expert, but I just replaced my water heater and I think I would recommend that you do the same. As long as access isn't such a problem that you can't move the tanks around by yourself, or with a little help, it sounds like you can handle the job. There are plenty of youtube videos for hel...
by baconavocado
Sat Jul 21, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: High school graduation monetary gift for nephew
Replies: 37
Views: 2139

Re: High school graduation monetary gift for nephew

I don't think HS graduation is very big deal these days, but I guess it's an important transition age-wise for children. College graduation, on the other hand, is a big deal, both as an accomplishment and as a period when there are many expenses. You might want to travel before starting work, you mi...
by baconavocado
Wed Jul 18, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3369

Re: How Unclaimed Property Laws Can Affect Retirees

After reading this thread, I went to my states unclaimed property site and entered my last name in the search box. To my surprise my wifes name came up and it said she had $57,639.87 in unclaimed property. I did some checking and found that Capital One 360 had closed her savings account and sent th...
by baconavocado
Thu Jul 05, 2018 11:45 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 138
Views: 9709

Re: What time do you get up in the morning?

I got up around 5 am for 30 years. Now that I'm retired, I don't even set the alarm. I hardly ever get up before 9 and I rarely get out of the house before 11 - it's so sweet. So when you're rushing to work at 6 and the streets are empty but some retired person walking their dog makes you stop so th...
by baconavocado
Wed Jul 04, 2018 12:33 am
Forum: Personal Consumer Issues
Topic: Tire experts? Can I trust a patched tire?
Replies: 47
Views: 4245

Re: Tire experts? Can I trust a patched tire?

Not a tire expert, but I've never had a patched tire go flat because the patch failed, and I've had a fair number patched. You can check it once a week for the next month if you want to be sure, or if your car has TPMS, that should let you know if the tire starts to lose pressure.
by baconavocado
Sun Jul 01, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 5025

Re: bike helmets

I'd carry an organ donor card except that I'm afraid they'd jump the gun and harvest them before I was finished with them, and/or they'd go into some diabetic with an addiction to pizza who was on his 3rd set of kidneys. Or some celebrity, or a billionaire. If I could pick the donee, I'd carry a car...
by baconavocado
Thu Jun 28, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5927

Re: Keep calm and Boglehead on!

I agree that there's plenty to be concerned about. The pace of change seems to be accelerating and has been especially noticeable to me for the past 10 years or so. Some changes are good, some I find are profoundly good. Others I find are profoundly bad. The weather used to be something you could co...
by baconavocado
Mon Jun 25, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 125
Views: 14321

Re: Why not go 100% stocks?

I'm reading your data and drawing the opposite conclusion. My conclusion was: Be 100% in stocks when they are the best performing, but be 100% in bonds when they are the best performing. I don't think your conclusion is the opposite of my conclusion. :twisted: I believe that your data supports inve...
by baconavocado
Sat Jun 23, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Complain or Negative Review for Rip-off Plumber?
Replies: 29
Views: 3136

Re: Complain or Negative Review for Rip-off Plumber?

Unbelievable. I wonder how many other customers have gotten charged double for this company to fix it's own mistakes. I would guess that it's greater than the number who have found their mistakes and confronted them with the evidence the way you have done. I think you should post your negative revie...
by baconavocado
Thu Jun 14, 2018 9:40 pm
Forum: Personal Consumer Issues
Topic: Trade-up my $89 Walmart bike
Replies: 44
Views: 2885

Re: Trade-up my $89 Walmart bike

6-12 miles/day? I'd spend at least twice as much. Put your money where your energy goes. You won't regret it.
by baconavocado
Thu Jun 14, 2018 9:04 pm
Forum: Personal Consumer Issues
Topic: Water heater installation situation
Replies: 56
Views: 5014

Re: Water heater installation situation

See EL, you should have just found a new water heater that was exactly the same size as your old one and installed it yourself on top of the existing wooden stand. No one would know the difference, the new heater would be FVIR-compliant, and you wouldn't have to deal with all these double-talking in...
by baconavocado
Thu Jun 14, 2018 2:02 am
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17419

Re: Should I take possession of a certified mail?

I would not pick up the letter. If you don't have a contract with him, you don't owe him anything, and based on his behavior you don't want to have anything to do with him. I would not have any further contact with him, by mail, phone or otherwise. There are lots of kooks and an equal number of croo...
by baconavocado
Tue Jun 12, 2018 11:16 pm
Forum: Personal Consumer Issues
Topic: Water heater installation situation
Replies: 56
Views: 5014

Re: Water heater installation situation

There's no lines to "cap". Both water lines and the gas line should have valves on them, so all they have to do is turn them off. And they were going to have to remove the old tank anyway, so the $75 must be for the extra travel, which is reasonable. This reminds me of a friend who bought a new dish...
by baconavocado
Mon Jun 11, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: Water heater installation situation
Replies: 56
Views: 5014

Re: Water heater installation situation

I just replaced my water heater myself and put it on a new 24x24x6" wood platform because the new tank was a little shorter than the old one and I didn't want to reconfigure the plumbing and duct work. Please don't report me to the city building department.
by baconavocado
Fri May 18, 2018 1:27 am
Forum: Personal Consumer Issues
Topic: New 2018 Nissan Leaf (with 150 mi range)
Replies: 52
Views: 5650

Re: New 2018 Nissan Leaf (with 150 mi range)

Wow, nice car and great deal. Thanks for posting this.
by baconavocado
Tue May 15, 2018 10:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 11276

Re: Yes, I'm 89 all right! [Jack Bogle]

Best wishes, Mr. Bogle. Looking forward to that new book!
by baconavocado
Wed May 09, 2018 12:40 am
Forum: Personal Consumer Issues
Topic: Vehicle Tires and Dry Rot
Replies: 20
Views: 2383

Re: Vehicle Tires and Dry Rot

Six years and 22K miles doesn't sound like end of life to me, but I'm no expert. Maybe you should be aware that your tires are old, don't drive through the desert in August on them at 100 mph, and make sure your spare is inflated and you're prepared to do a flat change if you go on a long trip? And ...
by baconavocado
Sat Apr 14, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Is it necessary to replace brake fluid on a car every 3 years?
Replies: 56
Views: 4621

Re: Is it necessary to replace brake fluid on a car every 3 years?

I think that most large shops have a machine that they can connect to your brake system that sucks out the old fluid, fills with new fluid, and bleeds out the air, all automatically in a matter of minutes. Has anyone had this done recently and do you know how much it costs? I used to do it myself, m...
by baconavocado
Fri Mar 23, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: How much do people budget for annual car maintenance?
Replies: 39
Views: 2623

Re: How much do people budget for annual car maintenance?

OK, I crunched our numbers. For 20 years of data, our car maintenance costs have averaged $300/car/year. A few caveats: - We buy Japanese cars and keep them for about 10 years - we drive about 10K miles/car/year - I do almost all of the routine maintenance myself - the costs generally include oil ch...
by baconavocado
Fri Mar 23, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: How much do people budget for annual car maintenance?
Replies: 39
Views: 2623

Re: How much do people budget for annual car maintenance?

It looks like you have some good estimates here. I haven't tallied these costs in awhile but maybe I'll take a look. What occurs to me after reading the posts is just how reliable cars have become in the last 30 years or so. I guess that can be attributed to improvements in technology and engineerin...
by baconavocado
Thu Mar 22, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 27198

Re: Anyone Deleting Facebook?

I never joined FB but I have Yahoo and Google accounts and, like at least 90% of the population, I depend on my electronic devices for almost everything in life. So I'm skeptical about whether deleting a FB account solves the problem of tech companies being able to know almost everything about us an...
by baconavocado
Sun Mar 11, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Server Changed TIP amount - 3rd time in a month
Replies: 50
Views: 5390

Re: Server Changed TIP amount - 3rd time in a month

This seems to be becoming very common. For takeout food, I used to simply sign the receipt - nothing on the tip line or the total line - and never had any problems until the last couple years. On one $15 order, the restaurant added a $10 tip. I happened to keep the receipt and noticed it on my onli...
by baconavocado
Sat Mar 10, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: Chain Saw pruner or Pole Saw?
Replies: 24
Views: 2194

Re: Chain Saw pruner or Pole Saw?

I have several Stihl gas-powered landscaping tools and I love them. They're very high quality and I never have problems with starting or maintenance like I have with my Echo chain saw. I have the "kombisystem" with hedge trimmer and chainsaw attachments. The tool is more than 6' long with either att...
by baconavocado
Sat Mar 10, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Server Changed TIP amount - 3rd time in a month
Replies: 50
Views: 5390

Re: Server Changed TIP amount - 3rd time in a month

This seems to be becoming very common. For takeout food, I used to simply sign the receipt - nothing on the tip line or the total line - and never had any problems until the last couple years. On one $15 order, the restaurant added a $10 tip. I happened to keep the receipt and noticed it on my onlin...
by baconavocado
Wed Feb 28, 2018 10:06 pm
Forum: Investing - Theory, News & General
Topic: The power of bonds
Replies: 8
Views: 1315

Re: The power of bonds

My asset allocation is described in detail in this thread right at the top: https://www.bogleheads.org/forum/viewtopic.php?t=150267 OK, well it looks like you were 30% bonds back in 2007 so you must have been feeling the love today as well. However, that looks like anything other than a BH "keep it...
by baconavocado
Wed Feb 28, 2018 9:50 pm
Forum: Investing - Theory, News & General
Topic: The power of bonds
Replies: 8
Views: 1315

Re: The power of bonds

livesoft wrote:
Wed Feb 28, 2018 9:43 pm
Ooops, I forget to add the Vanguard REIT index fund YTD return since it has been discussed in a few recent threads:
-11.61% VGSLX / VNQ

:)
Thanks livesoft, I always appreciate your comments.

Out of curiosity, what is your asset allocation (if you don't mind sharing)?
by baconavocado
Wed Feb 28, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: expat property-stock market dilemma
Replies: 4
Views: 469

Re: expat property-stock market dilemma

I honestly don't know how to advise you as I have no experience with the HK or UK real estate markets. However, when we were in our 30s we bought property in a very inflated RE market in the US (we ALWAYS seem to buy property at the top of the RE market). When we sold about 15 y later, our house had...
by baconavocado
Wed Feb 28, 2018 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: new employer 401k investments distribution
Replies: 2
Views: 312

Re: new employer 401k investments distribution

I think your suggestion is excellent. I might want to add international stocks to the mix at some point in the future.

I'd suggest reading the BH Wiki on asset allocation or searching it for "3-fund portfolio". Best of luck to you!
by baconavocado
Wed Feb 28, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly income stream for a senior citizen – safeguard from scammers
Replies: 12
Views: 1292

Re: Monthly income stream for a senior citizen – safeguard from scammers

Hello AverageJoseph. I think you need some legal advice here. I don't like annuities either, but have you considered sort of hedging your bets, e.g., allocating a portion of your portfolio to an annuity and keeping the rest invested in the market so it can be accessed for unexpected expenses? Of cou...
by baconavocado
Wed Feb 28, 2018 9:02 pm
Forum: Investing - Theory, News & General
Topic: The power of bonds
Replies: 8
Views: 1315

The power of bonds

I'm glad I owned bonds today: VTSAX = Vanguard Total Stock Mkt Index -1.10% VTIAX = Vanguard Total Intl Stock Index -1.20% VBTLX = Vanguard Total Bond Market Index +0.10% Many years ago a friend who is a fellow investor told me, "Stocks are where you make your money and bonds are where you keep your...
by baconavocado
Sun Feb 25, 2018 11:12 pm
Forum: Personal Consumer Issues
Topic: 3 layers of roof. Pull my offer??
Replies: 63
Views: 6355

Re: 3 layers of roof. Pull my offer??

Building codes in some cities only allow for 2 layers of roofing. You might check to see whether a permit is required for a re-roof and if so, whether the seller got one for the most recent roof work. If they skipped the permit for the roof, they may have also done other work w/o a permit. Also, get...
by baconavocado
Wed Feb 21, 2018 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Safe to file taxes now?
Replies: 57
Views: 5402

Re: Safe to file taxes now?

Unread post by baconavocado » Tue Feb 20, 2018 7:08 pm I'm waiting for a paper 1099 from Schwab for an account I closed (e.g., can't access the account electronically)? Has anyone received their tax forms from Schwab? Just received my paper version today. Seems to be consistent with the electronic...
by baconavocado
Wed Feb 21, 2018 12:48 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 46476

Re: What frugal thing did you do today?

bearcub wrote:
Wed Feb 21, 2018 12:24 am
:twisted: OK I will come "clean". Joking with my posts. Just wanted to have some humor + see folks reactions. :D Life is short,have some fun.
The dryer thing was pretty funny.
by baconavocado
Tue Feb 20, 2018 11:43 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 46476

Re: What frugal thing did you do today?

Hey everyone, I think @bearcub was pulling our leg with some of those posts, right?