Search found 203 matches

by rich126
Tue Dec 18, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Holiday Card [from Vanguard]
Replies: 29
Views: 2841

Re: Holiday Card [from Vanguard]

Many places send you an email/card on your birthday although I didn't get one from Vanguard. My favorite holiday card from a company was when I was a 29 game plan ticket holder to the Orioles (mid 90s?) and they sent out this card with a photo of Camden Yards stadium and at each position was a snowm...
by rich126
Tue Dec 18, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Disney/Univ Studio in Spring Break - is it crowded?
Replies: 36
Views: 980

Re: Disney/Univ Studio in Spring Break - is it crowded?

Hi, I am planning to take kids to Disney and Universal Studio (LA) during Spring Break in April. I see that Universal Studio has increased the price for that week by 5 dollars per person. Has anyone visited those places during Spring Break? If yes, is it too crowded in that week or is normal. Any p...
by rich126
Tue Dec 18, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: New Retiree Investment Strategy
Replies: 21
Views: 2191

Re: New Retiree Investment Strategy

Preferred stocks are probably worth looking at right now. With the market down a bit, bank stocks have been hit fairly hard and there are some solid preferred stocks paying in the 5-6% dividend range. I don't think I'd go overboard on them but I may buy some. I got some WFC-L at a bargain price back...
by rich126
Tue Dec 18, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: iMac + iPad Pro
Replies: 29
Views: 2102

Re: iMac + iPad Pro

I use all of the major operating systems for home and work. I was very late to Apple computers (2003). For me, I'd much rather use an Apple computer over other systems simply because they work and they work time after time with few issues. Currently I have: 1. iPhone 2. iPad 3. Dual bootable Windows...
by rich126
Tue Dec 18, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Disney/Univ Studio in Spring Break - is it crowded?
Replies: 36
Views: 980

Re: Disney/Univ Studio in Spring Break - is it crowded?

I recently went to Disney World during one of its supposedly slower time frames and I thought it was very crowded with waits in the 100+ minutes for popular rides. I've been to Disneyland as well but don't recall the time frame. Right now all of those parks just seem too crowded which is surprising ...
by rich126
Tue Dec 18, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 52
Views: 3057

Re: Mr. Money Mustache, SWR, and equity allocation

I'm always confused regarding what people do for health insurance. A medical issue could severely deplete your savings. I think you have to be somewhat frugal and also willing to work part time at times to help with the finances. I'm not sure how hard it would be to get loans, credit cards, etc. wit...
by rich126
Tue Dec 18, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Invested a lump sum a few weeks ago..
Replies: 26
Views: 1422

Re: Invested a lump sum a few weeks ago..

I've argued against lump summing large amounts. Yes, it is true that on average it will return better. However, I'd like to avoid the outliers results of lump summing and average it out a little. Investing in all equities and 0 bonds is also likely to return better - but many see that as too risky....
by rich126
Mon Dec 17, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: When cash is riskier than bonds
Replies: 56
Views: 5311

Re: When cash is riskier than bonds

I still don't see where this inflation is going to come from. Sure maybe some higher prices from tariffs but could the government survive with high inflation? That would make the interest payments on the debt huge and who is going to finance that? The country has a strong bias towards keeping rates ...
by rich126
Mon Dec 17, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: Not Fed's job to fix irrational market
Replies: 18
Views: 2125

Re: Not Fed's job to fix irrational market

I think we could easily debate the "incredibly solid US economy backdrop" comment but I'll leave that alone. The FED wants to get to a 3% rate so that when the recession hits, they can have room to drop the rate and try to stimulate the economy. Unfortunately it appears the FED waited a bit too long...
by rich126
Sun Dec 16, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Contra Fund
Replies: 24
Views: 2026

Re: Fidelity Contra Fund

Majority of the portfolio is in index funds. However, while perhaps not in keeping with BH philosophy, DW and I have a long term position in Fidelity Contra fund. Has done fairly well in the long term, and it’s held in DW’s IRA. We like it since the manager seems to understand the FANG stocks. As b...
by rich126
Sun Dec 16, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 126
Views: 9597

Re: Can I retire

Loving the comments .. The original question was a mixture of rhetorical, tongue in cheek and desperation, Nevertheless some really good pointers. FYI - I understand the concept of expenses in retirement and the various metrics used. My outline probably was not clear on this but my current expenses...
by rich126
Sat Dec 15, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 736
Views: 164425

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

As have probably been discussed somewhere in the prior 15 pages of this thread, portfolios like the PP are really meant to be used by (for lack of a better word) "oversavers". People who don't need ~4% SWR rates but can easily make do with their savings alone and only want to keep pace with inflati...
by rich126
Fri Dec 14, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Valuing pension when considering alternate job
Replies: 6
Views: 439

Re: Valuing pension when considering alternate job

It must be an unusual job with the government (doctor?) since the civilian pay scale typically tops out at under $160,000. And a pension currently gives you 1% per year of service times your avg high 3 yr salary. 2,880 yearly increase in pension implies a salary of $288,000. I'm not sure if this we...
by rich126
Fri Dec 14, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Valuing pension when considering alternate job
Replies: 6
Views: 439

Re: Valuing pension when considering alternate job

It must be an unusual job with the government (doctor?) since the civilian pay scale typically tops out at under $160,000. And a pension currently gives you 1% per year of service times your avg high 3 yr salary. 2,880 yearly increase in pension implies a salary of $288,000. I'm not sure if this web...
by rich126
Fri Dec 14, 2018 2:03 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 736
Views: 164425

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

As have probably been discussed somewhere in the prior 15 pages of this thread, portfolios like the PP are really meant to be used by (for lack of a better word) "oversavers". People who don't need ~4% SWR rates but can easily make do with their savings alone and only want to keep pace with inflatio...
by rich126
Thu Dec 13, 2018 10:46 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 736
Views: 164425

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

I don’t have anything against the PP but that argument is very questionable. First of all any cash being held in an emergency fund is also collecting some interest, while low recently that wasn’t always true. Secondly most emergency funds are a rather small amount of your total portfolio, except in ...
by rich126
Thu Dec 13, 2018 7:26 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 736
Views: 164425

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

That is a good question. I tried 25% of total stock, short and long term treasuries and gold and got 7.47% for the same timeframe.
by rich126
Thu Dec 13, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Old Windows 8 PC and Windows Defender
Replies: 16
Views: 860

Re: Old Windows 8 PC and Windows Defender

According to Wikipedia Starting with Windows 10, Microsoft began to transfer the control of Windows Defender out of its native client. Initially, its "Settings" dialog box was replaced by a dedicated page in the Settings app. In Windows 10 Creators Update, Windows Defender is renamed Windows Defende...
by rich126
Thu Dec 13, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: If You Knew Then What You Know Now
Replies: 12
Views: 1924

Re: If You Knew Then What You Know Now

This was never me but for many people I would say "Don't try to keep up with the Joneses!". Too many people feel like they need the expensive SUV/car, jewelry, 3,000+ sq ft house just because friends, coworkers, etc. have it. Money either buys you possessions or freedom and having freedom is nice. M...
by rich126
Thu Dec 13, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: CAP Gains Wellington
Replies: 12
Views: 1340

Re: CAP Gains Wellington

Actively managed funds should be held in a tax deferred account, if you are in a high tax bracket. I learn that lesson many years ago (back before there were so many index funds and stock commissions were higher). One reason I've avoided mutual funds ever since except in rollover 401Ks. At least wi...
by rich126
Wed Dec 12, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: Donate to homeless?
Replies: 84
Views: 3957

Re: Donate to homeless?

I would never give a penny to those people. If you want to help truly needy people give to local charities, churches, etc. In my area there are a ton of jobs open that would pay minimum wage to people but people are either making too much money from panhandling or have no interest in work. I think t...
by rich126
Wed Dec 12, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Trip to Italy
Replies: 42
Views: 2373

Re: Trip to Italy

Here are just a few things to consider (I'm assuming you haven't done much international travel). 1. I think people should always travel with two different credit cards and two different ATM cards. At times things go wrong, cards get canceled for possible misuse, etc. and fixing that while overseas ...
by rich126
Wed Dec 12, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 79
Views: 6524

Re: Best headphones under 500 bucks

I use the Bose headphones QC25 and they have had some really good prices over the last year (as low as $100). They are great in removing a lot of the noise from airplanes (especially the engine noise). I'm always surprised when I take them off to go to the bathroom and realize how loud it is. I also...
by rich126
Wed Dec 12, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Is there any market that is not inflated?
Replies: 58
Views: 3623

Re: Is there any market that is not inflated?

According to the Shiller model, the SP500 PE ratio is currently at 21.5 (http://www.multpl.com/). The problem with buying indexes is that you have to buy the bad as well as the good. And since most are cap weighted, they are top heavy. For example in the Vanguard total stock index VTMSX the 10 large...
by rich126
Wed Dec 12, 2018 7:54 am
Forum: Personal Finance (Not Investing)
Topic: learning excel
Replies: 21
Views: 1992

Re: learning excel

It might help to know what kind of things you want to use it for. Anyone should be able to open a spreadsheet and start adding data in columns. And then inserting a summation to total up the values in a column. More advanced would be the numerous types of charts you can create (select two columns an...
by rich126
Tue Dec 11, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: What should a new investor being reading?
Replies: 31
Views: 2266

Re: What should a new investor being reading?

This doesn't fit with this forum but most stock investors would say: The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel by Benjamin Graham You Can Be a Stock Market Genius: Joel Greenblatt One Up On Wall Street: Peter Lynch This one is less about investing ...
by rich126
Tue Dec 11, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Motley Fools is now for fools only?.....RIP
Replies: 30
Views: 6660

Re: Motley Fools is now for fools only?.....RIP

The one thing that is often of value with TMF are the open discussion boards (i.e., don't require a paid subscription). There are a few of them with some very knowledgeable people that work in the financial industry (apparently managing large sums of money) with good insight on individual stocks and...
by rich126
Mon Dec 10, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: Do long-term bonds belong in one's portfolio?
Replies: 162
Views: 8289

Re: Do long-term bonds belong in one's portfolio?

Negative annual returns on LT treasuries since 1977: 1978: - 0.74% 1980: - 1.29% 1987: - 2.64% 1994: - 7.19% 2009: - 10.17% 2013: - 8.57% 2018: - 1.76% That doesn’t seem worth a large degree of handwringing. Having said: ST: $110,537 IT: $167,172 LT: $180,211 Got more bang for buck by moving from S...
by rich126
Mon Dec 10, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: Contractor draws during remodeling project
Replies: 25
Views: 2888

Re: Contractor draws during remodeling project

The bottom line is that the contractor can ask for lots of stuff and put things into a contract but most everything is negotiable. On bigger things it wouldn't hurt to check with an attorney. Just because someone says something, it doesn't make it true or required.
by rich126
Mon Dec 10, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: PC Build Suggestions
Replies: 33
Views: 2247

Re: PC Build Suggestions

I’m surprised people actually still do this. I used to build all mine up until about 2005 or so. Now I just buy off the shelf. Admittedly, with consoles taking over our house we don’t do much PC gaming anymore, but I would still think off the shelf would be good enough in the price range you are de...
by rich126
Sun Dec 09, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: Do long-term bonds belong in one's portfolio?
Replies: 162
Views: 8289

Re: Do long-term bonds belong in one's portfolio?

This is a good discussion. Allow introduce the concept of leverage on fixed income (something I'm currently looking into). Not recommendation. The market place of funds doesn't have optimal choices, but let's work with what we have: Portfolio #1 EDV Vanguard Extended Duration Trs ETF Portfolio #2 T...
by rich126
Tue Dec 04, 2018 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Forming an LLC
Replies: 8
Views: 993

Re: Forming an LLC

This is something I'd would strongly suggest consulting an attorney who specializes in real estate. When I moved out of AZ, I didn't want to sell my house at the low end of the market (and wasn't in any financial need to do so either) and spent a lot of time on moving it into a LLC. I got a ton of c...
by rich126
Tue Dec 04, 2018 7:50 am
Forum: Personal Consumer Issues
Topic: ideas for a Xmas holiday in central Europe
Replies: 22
Views: 2099

Re: ideas for a Xmas holiday in central Europe

I've been to Germany and other parts of Europe often for the Christmas markets. Sure it gets cold and at times snowy (we had some wonderful 6-12" storms in Cologne and Rotheburg) which just made it more Christmas like. Usually we go a bit earlier (late Nov/early Dec) since the markets start earlier....
by rich126
Mon Dec 03, 2018 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 3860

Re: Federal Job Offer - Should I take it?

That's never going to happen. One problem is it costs money to pay entry level employees more. The second problem is for the most part, federal employee salaries are statutorily capped at $164,200. If you could pay entry-level employees more, then bringing them in at too high of a level creates mor...
by rich126
Mon Dec 03, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: My Social Security Online question
Replies: 15
Views: 1704

Re: My Social Security Online question

Probably fine. 1. Make sure it has a secure site icon on top left hand corner by website address. 2. If you are really u sure see if asks the same thing on. Different pc. 3. Finally make sure you are doing this at home internet connection not a public wifi or hotel type place. I’d point out that it...
by rich126
Mon Nov 26, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 3860

Re: Federal Job Offer - Should I take it?

Man, the feds need to step up their pay if they ever want to hire anyone in the Bay Area. That’s just not enough. That's never going to happen. One problem is it costs money to pay entry level employees more. The second problem is for the most part, federal employee salaries are statutorily capped ...
by rich126
Mon Nov 26, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 3860

Re: Federal Job Offer - Should I take it?

I'd point out that the Federal pension is no longer a (nearly) free ride. At one time they deducted 0.8% of your paycheck for your pension. It has gone up several times and now it is in the neighborhood of 4.8%. So for the OP you'd lose 4.8% of your paycheck since it is going to fund your pension. T...
by rich126
Mon Nov 26, 2018 9:06 am
Forum: Personal Finance (Not Investing)
Topic: paying off all but 1 dollar of CC
Replies: 83
Views: 8208

Re: paying off all but 1 dollar of CC

That isn't true. https://www.equifax.com/personal/education/credit/score/how-is-credit-score-calculated/ In general, here are the factors considered in credit scoring calculations. Depending on the scoring model used, the weight each factor carries as far as impacting a credit score may vary. The nu...
by rich126
Thu Nov 22, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: 1 Week vacation in February 2019, to get away from the Midwest Winter
Replies: 45
Views: 3818

Re: 1 Week vacation in February 2019, to get away from the Midwest Winter

If you are looking for easy and not far away, Arizona is nice that time of the year. You can either visit the resorts around town, play golf, hit the spas, etc. or take a drive up to Sedona (~90 minutes) and enjoy the scenery there as well.
by rich126
Tue Nov 20, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Inflation
Replies: 27
Views: 2704

Re: Inflation

The velocity of money increases when economies are doing very well, and this is, along with the money supply in relation to economic growth, a key factor impacting inflation rates. In terms of economic growth, we're close to nirvana right now. The Fed increased the money supply after the financial ...
by rich126
Tue Nov 20, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Inflation
Replies: 27
Views: 2704

Inflation

I see rates rising, talk about inflation but where is inflation really going to come from? In certain job sectors (notable technology/computer security) there is demand for people but overall I just don't see where wage inflation is going to happen. Some was forced (higher min wages). Maybe I just t...
by rich126
Tue Nov 20, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Home Printer
Replies: 41
Views: 1745

Re: Recommendations for Home Printer

I'm not a fan of multi-function printers. Some of them won't let you scan, if your ink is low (you can cheat and put a piece of non-clear tape over the sensor). As others mentioned: Laser B&W printers are the way to go unless you are printing a ton of color stuff. For the occasional color photo take...
by rich126
Tue Nov 20, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: Morningstar Discuss not available?
Replies: 5
Views: 466

Re: Morningstar Discuss not available?

I was able to read posts today (11/20), didn't try to post anything. Morningstar is a nice site but the company isn't the swiftest. The web site can have its issues, the only way to cancel subscriptions is to CALL them. For now, I mostly avoid the site, just not worth the hassles.
by rich126
Tue Nov 20, 2018 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8260

Re: Current Retirees: Do you touch your principal?

This year, unless the next 6 weeks are very good, people will have to draw down the account a bit since the total bond fund is down about 2% and the total market fund is around +1.5%. And, obviously, people on these boards certainly don't represent the norms. Higher income, assets, and more paranoid...
by rich126
Mon Nov 19, 2018 6:25 pm
Forum: Personal Consumer Issues
Topic: Clark Howard - Sign Up For USPS Informed Delivery
Replies: 17
Views: 3062

Re: Clark Howard - Sign Up For USPS Informed Delivery

Brian Krebs on his security blog has talked about this several times. As is typical with how companies have done security, this was another "miss". This is the most recent story https://krebsonsecurity.com/tag/informed-delivery/ And this was in 2017 https://krebsonsecurity.com/2017/10/usps-informed-...
by rich126
Sun Nov 18, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: POV on Vanguard's Global Wellington Fund Admiral Shares (VGWAX)
Replies: 9
Views: 1382

Re: POV on Vanguard's Global Wellington Fund Admiral Shares (VGWAX)

I’d be concerned that the fund only holds 84 stocks. I just don't agree with that. If you own 100 stocks and one goes bankrupt you lose a whopping 1% of your portfolio. And if one doubles you get 1% gain. Does owning an index like the SP500 help you? If you look at VWELX (yeah, I know it isn't the ...
by rich126
Sat Nov 17, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Incompetent home inspector - what to do?
Replies: 52
Views: 5188

Re: Incompetent home inspector - what to do?

I felt, as a seller, that I had no control over the process. I think that happens to people often in life. In real estate, I've learned to hire the best and let them do their thing. I always maintain final say on things but the top people usually know how to handle various situations and get the sa...
by rich126
Fri Nov 16, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 736
Views: 164425

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Interesting comparison. Not sure how important these observations are but I'll note: There was a 54% gain for the PP in 1979 due to gold's 127% rise. Overall there were 8 declines in the PP and only 5 in the 60/40 but the 16.9% in the 60/40 certainly hurt its performance. If you redid this to start ...
by rich126
Thu Nov 15, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2601

Re: Understanding the difference in cell phone OS types

https://www.yahoo.com/entertainment/infuriated-mark-zuckerberg-told-facebook-223747026.html Apple CEO Tim Cook’s thinly veiled criticism of the social network earlier this year “infuriated” the Facebook chief, according to a comprehensive report from The New York Times on Wednesday. Zuckerberg “ord...