Search found 410 matches

by DesertDiva
Sat Jul 20, 2019 1:45 pm
Forum: Personal Investments
Topic: Gold?
Replies: 79
Views: 3304

Re: Gold?

As an accumulator for several more decades, I have a harder time owning bonds than gold. The things bonds protect my portfolio from are behavioral and emotional in nature. The things gold protects my portfolio from are structural. Real tail risk stuff. Not that I hold a lot, but I see a genuine rol...
by DesertDiva
Fri Jul 19, 2019 9:23 am
Forum: Personal Investments
Topic: Gold?
Replies: 79
Views: 3304

Re: Gold?

As an accumulator for several more decades, I have a harder time owning bonds than gold. The things bonds protect my portfolio from are behavioral and emotional in nature. The things gold protects my portfolio from are structural. Real tail risk stuff. Not that I hold a lot, but I see a genuine rol...
by DesertDiva
Fri Jul 19, 2019 9:16 am
Forum: Personal Consumer Issues
Topic: Trash Bags for Luggage
Replies: 10
Views: 699

Re: Trash Bags for Luggage

Trash bags would be destroyed by baggage handlers and you would lose all your contents :twisted:
by DesertDiva
Thu Jul 18, 2019 10:53 am
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 124
Views: 8598

Re: Has anyone seen the documentary "Playing with FIRE?"

lostdog wrote:
Thu Jul 18, 2019 10:22 am
DanMahowny wrote:
Thu Jul 18, 2019 9:52 am
I read the book. I really dislike the author. He is a complete fraud.
Who was the author? This documentary was not based off of a book... :oops:
There is a book according to this website:
https://www.playingwithfire.co/

So he’s allegedly “RE” but making money from books and movies. 🤔
by DesertDiva
Thu Jul 18, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 136
Views: 7905

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

The specifics do matter. If your consumption is location specific, then you should be able to save more in a lower COL area. If your consumption is primarily location agnostic (vacations internationally, private colleges, high end cars) then you're competing nationally and you won't save anywhere e...
by DesertDiva
Wed Jul 17, 2019 12:40 pm
Forum: Personal Investments
Topic: Gold?
Replies: 79
Views: 3304

Re: Gold?

Gold is for jewelry :happy
by DesertDiva
Fri Jul 12, 2019 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can my brother afford his vacation?
Replies: 41
Views: 3626

Re: Can my brother afford his vacation?

Tell him to have a nice trip. Whether or not he can afford it is his concern.
by DesertDiva
Thu Jul 11, 2019 6:34 pm
Forum: Personal Consumer Issues
Topic: Sandals with arch support
Replies: 26
Views: 2030

Re: Sandals with arch support

pablolo wrote:
Tue Jul 09, 2019 11:54 am
I have very high arched feet and triple e width and I'm trying to find out if anybody sells sandals that will provide some type of support and comfort
OP, just came across this article and I thought of your post:
https://www.travelandleisure.com/style/ ... ns-sandals
by DesertDiva
Tue Jul 09, 2019 9:09 pm
Forum: Personal Consumer Issues
Topic: my best new travel tip only $2 per day more [airport parking]
Replies: 59
Views: 5985

Re: my best new travel tip only $2 per day more [airport parking]

I'm going to the airport this week and my father-in-law is dropping me off.
by DesertDiva
Wed Jul 03, 2019 5:46 pm
Forum: Personal Investments
Topic: Gold & Silver in a portfolio
Replies: 61
Views: 2707

Re: Gold & Silver in a portfolio

Thesaints wrote:
Wed Jul 03, 2019 5:33 pm
DesertDiva wrote:
Wed Jul 03, 2019 5:14 pm
Buy jewelry instead. :wink:
At least you'll make DW happy!
That's the idea!
Signed, a wife :happy
bloom2708 wrote:
Wed Jul 03, 2019 5:37 pm
I prefer the Frankincense and Myrrh ETF. :wink:
Fell off my chair lol-ing! :D
by DesertDiva
Wed Jul 03, 2019 5:14 pm
Forum: Personal Investments
Topic: Gold & Silver in a portfolio
Replies: 61
Views: 2707

Re: Gold & Silver in a portfolio

Buy jewelry instead. :wink:
by DesertDiva
Wed Jul 03, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6091

Re: Adult son has not controlled credit card overuse!

+1000 for Ramsey's baby steps +1000 for Millionaire Next Door +1000 for staying out of it and letting them sort it out; it's not your circus I might (with several safeguards) help him pay off one small (under $1k) card and he repay me with interest. :shock: They have to see that poor decisions lead ...
by DesertDiva
Tue Jul 02, 2019 3:42 pm
Forum: Personal Investments
Topic: Any idea why S&P 600 is not so hot these days?
Replies: 19
Views: 2615

Re: Any idea why S&P 600 is not so hot these days?

I've never heard of the S&P 600, what is that? Is it a NASCAR event? Google search: https://en.wikipedia.org/wiki/S%26P_600 The S&P SmallCap 600 Index (S&P 600) is a stock market index established by Standard & Poor's. It covers roughly the small-cap range of US stocks, using a capitalization-weigh...
by DesertDiva
Tue Jul 02, 2019 1:03 pm
Forum: Personal Consumer Issues
Topic: Shower room with Window but no Exhaust Fan: Mildew Prevention
Replies: 34
Views: 2414

Re: Shower room with Window but no Exhaust Fan: Mildew Prevention

fareastwarriors wrote:
Tue Jul 02, 2019 12:43 pm
Can you leave the doors open when you shower? :shock:

Don't take long hot baths so there will less steam build up.
This... and move to the desert. 8-)
by DesertDiva
Tue Jul 02, 2019 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 7583

Re: Big Hospital Bill - Anyway to negociate ?

First, ask for an itemized bill. Ensure you aren’t being charged for services you didn’t receive.
by DesertDiva
Mon Jul 01, 2019 12:30 am
Forum: Personal Consumer Issues
Topic: Bahamas Cruise in July
Replies: 13
Views: 1099

Re: Bahamas Cruise in July

I’m not very familiar with weather in that part of the country — however doesn’t July fall into the hurricane season?
:shock:
by DesertDiva
Fri Jun 28, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Indoor fly traps - what do Bogleheads recommend?
Replies: 24
Views: 1146

Re: Indoor fly traps - what do Bogleheads recommend?

quantAndHold wrote:
Fri Jun 28, 2019 4:00 pm
Make your own with apple cider vinegar. Very effective, and other than the vinegar, you probably already have everything you need around the house.
That's what I do. I save used bottles of spices, fill with apple cider vinegar and leave the plastic snap top open. Works like a charm.
by DesertDiva
Thu Jun 27, 2019 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Securing a "Private Pension"?
Replies: 18
Views: 2464

Re: Securing a "Private Pension"?

It's interestin that a single premium.annuity is essentially identical to a pension and most commenters love pensions and agree about their safety but so many are reluctant to endorse annuities. I might get an SPIA when I retire. If I do, it will be through Vanguard or Fidelity. Not from a random g...
by DesertDiva
Wed Jun 26, 2019 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: friend claiming 17% returns on Life Insurance
Replies: 30
Views: 3665

Re: friend claiming 17% returns on Life Insurance

softwaregeek wrote:
Wed Jun 26, 2019 9:22 pm
Any life insurance company that consistently gave out 17 percent returns will soon be out of business. Either there is fraud or your friend is mistaken.
+1 Right... I was beginning to wonder if Madoff was released early.
by DesertDiva
Wed Jun 26, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Securing a "Private Pension"?
Replies: 18
Views: 2464

Re: Securing a "Private Pension"?

Smells like an annuity or similar insurance-based product. The message of exclusivity should raise flags.

I bet his commissions are fabulous.
by DesertDiva
Wed Jun 26, 2019 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else unable to afford a home/have six figure income?
Replies: 60
Views: 7181

Re: Anybody else unable to afford a home/have six figure income?

I'm 32 and not close to having $100,000 saved. Maybe by 35 I will, but that's assuming my expenses stay extremely low. I don't have debt, not married, I invest in 401k and Roth IRA, and have (depending on the month) close to $1000 leftover at the end of the month to play around with. Perhaps a lot ...
by DesertDiva
Wed Jun 26, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8151

Re: Dave Ramsey says to give up employer 401K match to pay down debt

By directing funds temporarily to paying down debt rather than 401(k), Ramsey tries to get folks excited about their financial future. Hopefully, many of the Dave Ramsey crowd will grow up to be Bogleheads some day. I did. I needed to hear Dave's message about 20 years ago and it worked. Many of th...
by DesertDiva
Wed Jun 26, 2019 4:16 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8151

Re: Dave Ramsey says to give up employer 401K match to pay down debt

By directing funds temporarily to paying down debt rather than 401(k), Ramsey tries to get folks excited about their financial future. Hopefully, many of the Dave Ramsey crowd will grow up to be Bogleheads some day. I did. I needed to hear Dave's message about 20 years ago and it worked. Many of th...
by DesertDiva
Wed Jun 26, 2019 3:43 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks .. talk me out of it
Replies: 31
Views: 1985

Re: Individual Stocks .. talk me out of it

I see multiple sites offering subscriptions for a portfolio of stocks they pick. I have a 3 fund portfolio am I missing out on something? Do individual stocks give u a better return? They tout high rates of return Anyone? Thank u Tat Save the money you would spend by purchasing a subscription and c...
by DesertDiva
Wed Jun 26, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else unable to afford a home/have six figure income?
Replies: 60
Views: 7181

Re: Anybody else unable to afford a home/have six figure income?

Do you live in HCOL area, like NYC, Cali, Hawaii? Edit: I apologize... I misread your post. There are many types of people on this forum, all with differing backgrounds, education levels, ages, income, and net worth. Many want to get a plan together and see what they can do to improve their situati...
by DesertDiva
Wed Jun 26, 2019 3:16 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8151

Re: Dave Ramsey says to give up employer 401K match to pay down debt

We see the same phenomena here where people choose to pay down low interest rate mortgages vs investing at their asset allocation. Historically and Mathematically and it is a mistake, but people choose to make that mistake for peace of mind. This mistake can be worth $100k+ depending on interest, s...
by DesertDiva
Wed Jun 26, 2019 12:05 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8151

Re: Dave Ramsey says to give up employer 401K match to pay down debt

So instead of focusing solely on the psychological effects of paying off debt, think of the psychological boost of growing your 401(k). If it were that easy for them, would they be that deep in debt to begin with? Prescribing the mathematically correct solution while ignoring the messy realities of...
by DesertDiva
Wed Jun 26, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8151

Re: Dave Ramsey says to give up employer 401K match to pay down debt

I agree with his "debt is dumb" mantra. If you have debt, you should be aggressive about getting yourself from under that burden. Sell some stuff on craigslist or eBay. Cut your expenses. Get a roommate. Don't go any deeper into debt, etc. But giving up the opportunity to get an employer match? No w...
by DesertDiva
Tue Jun 25, 2019 7:31 pm
Forum: Personal Investments
Topic: Financial planning now that retired
Replies: 49
Views: 9610

Re: Financial planning now that retired

If you already have a relationship with Fidelity, why not go to a local office and meet with an advisor? It couldn't be any worse than the pain you've already endured.
by DesertDiva
Fri Jun 21, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 44
Views: 4219

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

A tilt towards commodities and gold steers the OP away from diversification? :confused :confused :confused The opposite is true. A hypothetical $1M portfolio with 7.5% gold and 7.5% commodities. This puts $75K in a single commodity: gold Another $75 goes into another commodity or sector: perhaps en...
by DesertDiva
Fri Jun 21, 2019 2:56 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 44
Views: 4219

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

Have you considered investing Bogleheads-style? The Bogleheads® Philosophy 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Never try to time the market 5 Use index funds when possible 6 Keep costs low 7 Diversify 8 Minimize taxes 9 Keep it simple 10 Sta...
by DesertDiva
Fri Jun 21, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: Next 30 Years for Ray Dalio’s All Weather Portfolio?
Replies: 44
Views: 4219

Re: Next 30 Years for Ray Dalio’s All Weather Portfolio?

Have you considered investing Bogleheads-style? The Bogleheads® Philosophy 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Never try to time the market 5 Use index funds when possible 6 Keep costs low 7 Diversify 8 Minimize taxes 9 Keep it simple 10 Stay...
by DesertDiva
Tue Jun 18, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to ensure POA is acting in best interest of grantor?
Replies: 65
Views: 3749

Re: How to ensure POA is acting in best interest of grantor?

I once read that giving a person POA is the same as giving them the legal right to steal from you. As I understand it, a POA means that you have a fiduciary responsibility towards that person to act in their best interests. Edit: Perhaps it doesn't mean you have a fiduciary responsibility (but you ...
by DesertDiva
Tue Jun 18, 2019 2:25 pm
Forum: Investing - Theory, News & General
Topic: Should I abandon the Total International Stock Index Fund for greener pastures?
Replies: 110
Views: 10156

Re: Should I abandon the Total International Stock Index Fund for greener pastures?

Do you an Investment Policy Statement? My IPS states that I will maintain 15-20% in International, adjusting only when it's time to rebalance.
Stay the course.
by DesertDiva
Tue Jun 18, 2019 2:05 pm
Forum: Personal Consumer Issues
Topic: Where to Live? N. Orange County, CA or Vancouver, WA or Atlanta
Replies: 82
Views: 6787

Re: Where to Live? N. Orange County, CA or Vancouver, WA or Atlanta

I like visiting the PNW in the summer... it's great if/when the sun is shining. Winter can be dismal. One advantage to living in Washington State is that there is no personal state income tax, which may or may not be a factor in your decision. You already know about traffic and weather conditions in...
by DesertDiva
Tue Jun 18, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Help with car decision
Replies: 31
Views: 2059

Re: Help with car decision

Nope. Get you NW up! These first few years are about delayed gratification to speed up the compounding process. Figure out how you can sell the accord and buy a similar aged subaru to scratch that itch. Due to not wanting to go into debt too deep early on in life, I actually learned quite a few val...
by DesertDiva
Wed Jun 12, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: [Forget] The Seaweed! We're Headed For Cancun!!
Replies: 17
Views: 1549

Re: [Forget] The Seaweed! We're Headed For Cancun!!

Hey All, First time to Cancun. Family vacay and staying at the RIU Riviera Maya. I'm not a lay-on-the-beach-guy so I'm wondering what interesting things some of the Bogleheads who've been to Cancun, have found to to do near-by. Also wondering best place to buy good cigars. Best, Bill Cancun is dang...
by DesertDiva
Tue Jun 11, 2019 10:35 pm
Forum: Personal Investments
Topic: why are Small Caps falling?
Replies: 118
Views: 10512

Re: why are Small Caps falling?

At the end of the article:
“Andrew Addison is the author of THE INSTITUTIONAL VIEW, a research service that focuses on technical analysis.” (Italics added)

Follow the money
by DesertDiva
Mon Jun 10, 2019 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: OT: Ideas for Detroit Downtown visit
Replies: 12
Views: 709

Re: OT: Ideas for Detroit Downtown visit

Check out Windsor, Ontario which is just across the river. Just be sure to bring your passport with you.
by DesertDiva
Mon Jun 10, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this 2.3 million dollar home?
Replies: 273
Views: 26094

Re: Can I afford this 2.3 million dollar home?

I find this forum very good for investing advice but often not so good for personal financial decisions. Any “ should I buy it “ post is almost always met with numerous “no’s” You can’t really afford it. You could lose your job or get hit by a bus and not be able to make payments. You should pay fo...
by DesertDiva
Sun Jun 09, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Aging Parents Who Try To Control Adult Children With Money
Replies: 2
Views: 1140

Re: Aging Parents Who Try To Control Adult Children With Money

My parents waited for their parents to pass and didn’t plan for retirement appropriately. Two of my grandparents lived well past 90, which meant the inheritance didn’t come as quickly as planned. My father hated his father-in-law but was always close enough to keep an eye on his business. Meanwhile,...
by DesertDiva
Fri Jun 07, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: The logical fallacy behind "Bonds Are For Safety"
Replies: 248
Views: 16034

Re: The logical fallacy behind "Bonds Are For Safety"

Phineas J. Whoopee wrote:
Fri Jun 07, 2019 12:11 pm
The definitional fallacy behind "Bonds Are For Safety:"

Safety is an emotive word, not a financial term of art. Let's stop using it on this forum.

PJW
I like the idea of bonds as a ballast.
by DesertDiva
Fri Jun 07, 2019 6:28 am
Forum: Personal Investments
Topic: Chewy IPO
Replies: 43
Views: 3294

Re: Chewy IPO

Have you considered investing Bogleheads-style? The Bogleheads® Philosophy 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Never try to time the market 5 Use index funds when possible 6 Keep costs low 7 Diversify 8 Minimize taxes 9 Keep it simple 10 Stay...
by DesertDiva
Mon Jun 03, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this 2.3 million dollar home?
Replies: 273
Views: 26094

Re: Can I afford this 2.3 million dollar home?

I like "aesthetically pleasing things" too. I go to local museums for that. Maybe a subscription to Architectural Digest would be in order.

In the end, it's the OP's decision as to what course he will take.
by DesertDiva
Mon Jun 03, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 7143

Re: Do you drive old cars for long distance travels?

Peace of mind is important. If you feel uncomfortable, I suggest just rent a car/SUV with unlimited mileage for the trip. Life is short. +1 We sometimes rent for a longer road trip. We carefully maintain our cars and regardless of what we drive, we take appropriate precautions: check A/C, fluids, b...
by DesertDiva
Mon Jun 03, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: best way to deal with mice in a rental property
Replies: 24
Views: 1598

Re: best way to deal with mice in a rental property

Would you allow the tenant to have a cat?