Search found 375 matches

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: 42
Views: 1675

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: 103
Views: 8569

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: 44
Views: 2807

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: 1862

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: 1462

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: 113
Views: 9316

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: 677

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: 252
Views: 21508

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: 1113

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: 15379

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: 3200

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: 252
Views: 21508

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: 6961

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: 1565

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

Would you allow the tenant to have a cat?
by DesertDiva
Mon Jun 03, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 88
Views: 7812

Re: Does money/lack of money preoccupy you?

To an extent. I view money management as an inherent part of being a responsible human. Over the past several decades, I've observed (1) those who manage their money in a responsible manner, and (2) those who are careless about money or leave things to chance. I don't want to be like the latter group.
by DesertDiva
Wed May 29, 2019 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this 2.3 million dollar home?
Replies: 252
Views: 21508

Re: Can I afford this 2.3 million dollar home?

I would not spend more than I can comfortably pay on a 15 year fixed mortgage with one income. +1 Excellent advice I am guessing that if the OP had lived his/her life with this conservative outlook, he/she would not be making anywhere close to $1M/yr. I’m guessing that if you run your personal life...
by DesertDiva
Wed May 29, 2019 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this 2.3 million dollar home?
Replies: 252
Views: 21508

Re: Can I afford this 2.3 million dollar home?

SoonerD wrote:
Wed May 29, 2019 10:35 pm
I would not spend more than I can comfortably pay on a 15 year fixed mortgage with one income.
+1 Excellent advice
by DesertDiva
Wed May 29, 2019 7:28 pm
Forum: Investing - Theory, News & General
Topic: Question regarding the phrase "smart money"
Replies: 23
Views: 1566

Re: Question regarding the phrase "smart money"

Generally media says "smart money" to mean prescient money moves, i.e. looking backward and saying the "smart" move was to get out of stocks before a drop, so people who happened to do that at the time look smart. Then of course they use that "smart money" argument to say it will do such-and-such i...
by DesertDiva
Wed May 29, 2019 2:12 pm
Forum: Investing - Theory, News & General
Topic: Avoiding the echo chamber?
Replies: 22
Views: 2396

Re: Avoiding the echo chamber?

It simply takes time and discipline to reach a goal. The reality is that markets go up and down. They change. The best course is to set a course and follow it. Many questions on this forum could be answered simply by starting at the beginning. That’s why I often recommend that people read the “getti...
by DesertDiva
Wed May 22, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 151
Views: 14652

Re: just a general comment about "too conservative" investors here

... Our caution, and our emphasis on plain vanilla stock-and-bond investing, comes from 1). seeing the new, the shiny, the exotic go phutt ... and taking people's lives with them. Once you lose that "play money", that capital, you lose all its future compound returns - that could have been generati...
by DesertDiva
Sat May 18, 2019 2:48 pm
Forum: Personal Consumer Issues
Topic: How do I prevent yellow underarm stains on my white shirts?
Replies: 24
Views: 3236

Re: How do I prevent yellow underarm stains on my white shirts?

Prevention is always a good idea. For the stains that already exist, I would try:

https://carbona.com/products/staindevil ... -number-9/

Disclaimer: I haven't used this formula, but I use other Carbona products and am very happy with them.
by DesertDiva
Fri May 17, 2019 3:18 pm
Forum: Personal Consumer Issues
Topic: Why do plumbers get paid so well?
Replies: 84
Views: 6225

Re: Why do plumbers get paid so well?

greg24 wrote:
Fri May 17, 2019 3:02 pm
A combination of skilled labor and unsavory working conditions.
Plus the fact that plumbers aren’t being outsourced!
by DesertDiva
Fri May 17, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Honda CRV or Toyota RAV4 ?
Replies: 82
Views: 6865

Re: Honda CRV or Toyota RAV4 ?

Long time Honda owner thinking about getting a new CRV. Was wondering how a RAV4 would compare especially on price and reliability. Your thoughts? Reliability, it's no contest for 3 reasons - RAV4 wins: 1. RAV4 engine is naturally aspired, vs CRV's turbo (which is causing major issues btw). Per Sco...
by DesertDiva
Wed May 15, 2019 9:16 pm
Forum: Investing - Theory, News & General
Topic: Did you buy the 600+ dip last week ?
Replies: 129
Views: 8319

Re: Did you buy the 600+ dip last week ?

No market timing here! :!:
by DesertDiva
Wed May 15, 2019 8:52 pm
Forum: Investing - Theory, News & General
Topic: Invest or Payoff Home
Replies: 38
Views: 2854

Re: Invest or Payoff Home

Here is my current situation and I'm not sure where to put my 244K cash. Payoff the mortgage or invest or keep some cash for a pullback and other opportunities or pay down the mortgage? Currently, I have 245K in an online bank earning 2.20%. I keep it here to get a decent return until I decide how ...
by DesertDiva
Tue May 14, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Police and Troopers fund.
Replies: 77
Views: 3158

Re: Police and Troopers fund.

I keep getting calls for donations to a Police and Troopers fund. I said no and hung up. How do others handle these types of calls whose wording is designed to generate guilt. On my part, I’ve looked up salary, starting point for pension and pension. Salary is ok, the other two pieces are generous....
by DesertDiva
Mon May 13, 2019 9:10 pm
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7226

Re: For how long will the forum be around?

Also: when the pay-off-the-mortgage versus stay-invested debate finally gets settled. It will be a while :mrgreen:
by DesertDiva
Mon May 13, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10659

Re: What is your U.S./ex-U.S. stock allocation?

72% US / 28% International
by DesertDiva
Mon May 13, 2019 10:50 am
Forum: Personal Consumer Issues
Topic: What non frugal things save money?
Replies: 80
Views: 9536

Re: What non frugal things save money?

A sonicare toothbrush. It was not a frugal purchase, especially when you can get free toothbrushes from the dentist and not have to pay for the replacement heads. However with daily use (and flossing) my hygienist visits have been great. I still take the free toothbrushes and put them in our guest b...
by DesertDiva
Thu May 09, 2019 8:52 pm
Forum: Forum Issues and Administration
Topic: BH Structure Idea
Replies: 9
Views: 695

Re: BH Structure Idea

Dottie57 wrote:
Thu May 09, 2019 5:59 pm
I hate the idea! :happy

Young can learn from older and vice versa.
+1. Excellent observation
by DesertDiva
Mon May 06, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Ideas ?
Replies: 19
Views: 2852

Re: Side Hustle Ideas ?

Here’s another idea I just found:
https://www.cnn.com/2019/05/06/tech/ama ... index.html
by DesertDiva
Mon May 06, 2019 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Ideas ?
Replies: 19
Views: 2852

Re: Side Hustle Ideas ?

Real Estate won’t give you a profit in the first few years. You need time to establish yourself and build a client base before you reap rewards. If you m want to do something related to real estate on a part-time basis, perhaps photography and videography, staging, or marketing services would be of ...
by DesertDiva
Fri May 03, 2019 6:04 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 5101

Re: Short BYND? (beyond meat, IPO today)

I don’t know about shorting it but their burgers taste like crap. I am all for eating healthy and being environmentally conscious and I enjoy many vegan and vegetarian plates, but don’t tell me it’s a burger. Call it a vegetable hockey puck or something. These imitation vegetable items are stupid. ...
by DesertDiva
Thu May 02, 2019 2:19 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 5101

Re: Short BYND? (beyond meat, IPO today)

Maybe someday there will be a low-cost Meatless Index fund :twisted:
...and an Avocado Toast Index fund
by DesertDiva
Wed May 01, 2019 7:19 pm
Forum: Personal Investments
Topic: Too late to start over with nothing?
Replies: 40
Views: 6166

Re: Too late to start over with nothing?

So sorry to read about what you have gone through. Health issues can turn your life upside down in ways you don’t expect. Life doesn’t always follow a straight line. You’ve received some good advise already. Wishing you peace
by DesertDiva
Wed May 01, 2019 7:21 am
Forum: Investing - Theory, News & General
Topic: Do I live in a HCOL area?
Replies: 56
Views: 3250

Re: Do I live in a HCOL area?

I once had a woman in my area tell me that I live in a “wealthy” subdivision. I had to chuckle because I view our neighborhood as solidly MCOL - nice enough but certainly not flashy, trendy or pretentious. We’ve lived in areas that were far more expensive and I view those as HCOL. One’s point of vie...
by DesertDiva
Tue Apr 30, 2019 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Chiropracter career no longer lucrative...what other job options are there?
Replies: 41
Views: 5401

Re: Chiropracter career no longer lucrative...what other job options are there?

Thinking of some chiropractors I’ve known over the years... I have a relative, who together with his wife, are highly networked with a large church and are active in sponsoring parenting groups at their office. They also use social media to promote their business and keep in contact with their clien...
by DesertDiva
Tue Apr 30, 2019 5:06 pm
Forum: Investing - Theory, News & General
Topic: "The market is overvalued"
Replies: 90
Views: 7598

Re: "The market is overvalued"

I hear a lot lately that the market is overvalued, but in the last 23 years, back of the envelope calculation, the S&P 500 CAGR is about 6%. In the last 19 years, since the peak in 2000, it's up about 3.5% annually. Add in the dividend yield of about 2% and it's an annual return of 8% and 5.5% resp...
by DesertDiva
Tue Apr 30, 2019 4:53 pm
Forum: Personal Consumer Issues
Topic: new roof
Replies: 34
Views: 3182

Re: new roof

What are your thoughts? I do not expect to sell this house. I am working to get a couple more estimates. The biggest bang for your buck would be improving the insulation underneath your roof. The amount of insulation is a lot bigger factor in the energy efficiency of your home than the roofing mate...
by DesertDiva
Mon Apr 29, 2019 10:22 pm
Forum: Personal Investments
Topic: Super Simple Portfolio
Replies: 18
Views: 2796

Re: Super Simple Portfolio

KandT wrote:
Mon Apr 29, 2019 9:37 pm
Also, buying bonds just feels like an anchor
Here's a link that was recommended in an earlier post that you might find helpful.
post: viewtopic.php?t=225457
video: https://investornews.vanguard/bonds-bal ... portfolio/
by DesertDiva
Mon Apr 29, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage - what to expect?
Replies: 37
Views: 3458

Re: Paying off my mortgage - what to expect?

Money will just go back into my savings to replenish that until I find the next thing I want to spend money on (property, I think). Sounds good. Some people aren't disciplined enough to turn the extra monthly amounts back into assets, and I should have given you the benefit of the doubt. Congrats o...
by DesertDiva
Mon Apr 29, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage - what to expect?
Replies: 37
Views: 3458

Re: Paying off my mortgage - what to expect?

A related issue - time to update your monthly budget. Do you have other bills that should be paid? Update your investment plan so you can stay on track.
by DesertDiva
Mon Apr 29, 2019 4:35 am
Forum: Personal Consumer Issues
Topic: EXTREMELY frugal things from our parents and grandparents
Replies: 110
Views: 9470

Re: EXTREMELY frugal things from our parents and grandparents

My grandmother was an excellent seamstress and made most of her own clothes. She was also very adept at mending clothes—including patching old work pants and fixing worn socks. She preferred drying clothes outside on a line instead of using the dryer. My grandparents also grew a lot of food in their...
by DesertDiva
Fri Apr 26, 2019 7:47 pm
Forum: Investing - Theory, News & General
Topic: Uber IPO
Replies: 28
Views: 1659

Re: Uber IPO

Tatala wrote:
Fri Apr 26, 2019 7:05 pm
...I know this a index fund site, but...
:oops:
by DesertDiva
Fri Apr 26, 2019 1:28 pm
Forum: Personal Consumer Issues
Topic: How much House should I Buy?
Replies: 51
Views: 4604

Re: How much House should I Buy?

I've personally been attracted to the metric used by Thomas Stanley, author of The Millionaire Next Door : if you could not pay for your home (e.g. mortgage, taxes, insurance, maintenance, utilities, etc.) if your income were cut in half, then you cannot easily afford your home. Granted, those livi...
by DesertDiva
Fri Apr 26, 2019 1:27 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 232
Views: 28201

Re: 20 countries where 200K in retirement savings will last you decades

According to an article I just stumbled across on MW : The average over-65 household spends just over $49,000 a year, on average, which shakes out to roughly $4,000 a month. According to the same article, the 5 most affordable cities to retire in America are: 1. Cleveland: $38,147 2. Toledo, Ohio: $...
by DesertDiva
Tue Apr 23, 2019 5:46 pm
Forum: Personal Consumer Issues
Topic: At what age did you buy your first first class airplane ticket?
Replies: 112
Views: 4542

Re: At what age did you buy your first first class airplane ticket?

As an aside how does one get to 40 and making $500k a year and only have about $350k saved outside of house? It's obviously very possible OP just has poor spending and budget management habits, but there are plenty of totally rational ways this could happen. Simplest one is someone who starts medic...
by DesertDiva
Tue Apr 23, 2019 1:33 pm
Forum: Personal Consumer Issues
Topic: At what age did you buy your first first class airplane ticket?
Replies: 112
Views: 4542

Re: At what age did you buy your first first class airplane ticket?

First class, totally out of pocket, for our honeymoon at age 29. Absolutely worth it. Have flown first/business class on my own nickel many times since then and never regretted it for a second. We just told the airlines we were on our honeymoon and they upgraded us to first class with no charge. :h...