Search found 82 matches

by WWJBDo
Sun May 17, 2020 10:29 am
Forum: Investing - Theory, News & General
Topic: Appreciating the magnitude of Sequence of Returns immediately after retirement
Replies: 115
Views: 5837

Re: Appreciating the magnitude of Sequence of Returns immediately after retirement

Can you run the same examples using a withdrawal of a fixed % of the balance each year? Intuitively they should comes out the same with one scenario having a lower standard of living, but not going to zero. Is that correct?
by WWJBDo
Wed May 13, 2020 8:52 pm
Forum: Investing - Theory, News & General
Topic: New college graduates - what's the job situation?
Replies: 12
Views: 2475

Re: New college graduates - what's the job situation?

Our son had quit his job in January to travel the world and that was cut short.

He's back with us, has 2 job offers and another pending in Bioscience.
Our friend's daughter is finishing her CPA college work and they are hiring like crazy. I'm betting that is because bankruptcies are coming.
by WWJBDo
Sat Apr 25, 2020 9:21 am
Forum: Personal Consumer Issues
Topic: [how to help ill father-in-law who lives 1000 miles away]
Replies: 18
Views: 2103

Re: Unfortunate cancer diagnosis

No one can give you specific, helpful advice on this topic without knowing a lot more about the situation. A few missing details are: 1. What kind and stage of cancer? 2. What is his age? Are there other underlying health issues? 3. Does he have emotional and physical support system at his place of ...
by WWJBDo
Thu Apr 23, 2020 10:31 am
Forum: Personal Finance (Not Investing)
Topic: physician/APC pay cuts
Replies: 133
Views: 9955

Re: physician/APC pay cuts

I'm told our hospital has agreed to give something like 35% of the CARES act money to be distributed among the physicians to help reduce the pay cuts we have already taken. You should get a similar promise - in writing, meaning you need someone who is negotiating this for your collective. I would ce...
by WWJBDo
Mon Apr 20, 2020 11:00 am
Forum: Personal Investments
Topic: How to put $100K into the market now?
Replies: 34
Views: 3689

Re: How to put $100K into the market now?

I had a similar dilemma a few years back. I decided to DCA and financially it was not as good as if I had just dumped it all into the market. But you know what? I slept better, because I had it set on autopilot and didn't have to worry and watch the market to try to time things. Today, I'd argue the...
by WWJBDo
Mon Apr 20, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Price of oil has collapsed; how will this impact the economy?
Replies: 108
Views: 8255

Re: Price of oil has collapsed; how will this impact the economy?

I think you have it backwards. The current extreme low price of oil is a manifestation of the current and near-term expected demand for oil. So the low price is being influenced by expectations of the economy, not the other way around.
by WWJBDo
Mon Apr 20, 2020 10:42 am
Forum: Investing - Theory, News & General
Topic: How to "invest" in oil?
Replies: 85
Views: 6511

Re: How to "invest" in oil?

nisiprius wrote:
Fri Apr 17, 2020 5:57 pm
Disable Javascript to avoid paywall, then read this 2010 article: Amber Waves of Pain:...
It's not even 9 am and I have already learned a very valuable tip today. Thank you, nisiprius.
by WWJBDo
Sun Apr 19, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: $1M home purchase - can we afford it?
Replies: 74
Views: 6819

Re: $1M home purchase - can we afford it?

Wow, you have answers all over the place! Reading this thread, I think that some posters are answering an unasked, but perhaps more important question "Should you do this?" Other reasons you are getting variable answers probably relate to the posters age. Older posters experienced lower acceptable l...
by WWJBDo
Sat Apr 18, 2020 10:05 am
Forum: Personal Consumer Issues
Topic: Should I buy a new rice cooker from Zojirushi?
Replies: 75
Views: 5679

Re: Should I buy a new rice cooker from Zojirushi?

We have what looks like the exact model you are considering. Plus: Makes great rice, every time. Can be set in the morning to have rice ready for dinner. Con: Ours uses a small lithium battery (for the timer, etc). When it dies, the battery has to be replaced at the factory. We had to send it in to ...
by WWJBDo
Fri Apr 17, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Made 'partner' but no contract after 5 months
Replies: 13
Views: 1330

Re: Made 'partner' but no contract after 5 months

On the positive side, my job is with a great group of people overall and they have been splitting profits equally with me and showing me the accounts receivable each month. But now, the head of the group is asking me to work at another location an hour and a half away. None of the other partners tr...
by WWJBDo
Sun Apr 12, 2020 10:59 pm
Forum: Investing - Theory, News & General
Topic: What's behind huge layoffs at unicorns?
Replies: 81
Views: 7742

Re: What's behind huge layoffs at unicorns?

Why is healthcare there? Doctors probably have the best job security now right? Doctors and healthcare organizations are getting killed right now. Many ER and ICU physicians (intensivists) are salaried and paid by the shift. They may have more shifts but the work is incredibly intense and stressful...
by WWJBDo
Mon Apr 06, 2020 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Another college choice question
Replies: 28
Views: 1555

Re: Another college choice question

Don't discount the value of the honor's status at UTD either. One problem at excellent, but state related schools can be the difficulty in getting the courses you want. Priority is given to honors students, atheletes and other, obscure rules sometimes limit what courses you can actually take. If you...
by WWJBDo
Wed Mar 25, 2020 12:33 am
Forum: Personal Consumer Issues
Topic: Traffic Ticket - Offer to reduce points for Increase Fine
Replies: 25
Views: 1714

Re: Traffic Ticket - Offer to reduce points for Increase Fine

I had a similar occurrence while visiting in NY State. I was initially ticketed for speeding, which is a state offense. I did a little research, and it turns out in NY this is a common phenomenon. The local town collects on the nonmoving infraction while the State would make money on the speeding of...
by WWJBDo
Tue Mar 24, 2020 12:15 pm
Forum: Personal Consumer Issues
Topic: Costco Senior hour Tue and Thur
Replies: 70
Views: 5734

Re: Costco Senior hour Tue and Thur

This morning my Costco parking lot at 7:50 was the most full I've ever seen it. So I went to another one. That one had a line hundreds of people long at 8:10. I guy who was leaving said he was in line since 6:30. Folks, the idea is *not* to stand in line with 6 inches between you. That's how you cat...
by WWJBDo
Tue Mar 24, 2020 1:10 am
Forum: Personal Consumer Issues
Topic: College, pick rank #5 for 34k or #24 for 16k
Replies: 20
Views: 2031

Re: College, pick rank #5 for 34k or #24 for 16k

Either one, as long as you talk her out of psychology as a major. Psych has the lowest rate of return and the worst future career prospects of nearly any major. Yes it's fun, so take some electives in it. Also, as a segue into medicine it is a poor choice. https://www.bankrate.com/career/most-valuab...
by WWJBDo
Mon Mar 02, 2020 11:38 am
Forum: Personal Consumer Issues
Topic: Question on New Fence Etiquette
Replies: 29
Views: 2891

Re: Question on New Fence Etiquette

It's very courteous to talk to the neighbors before doing anything, and kudos to you for asking about such things here or elsewhere. A quick survey of the neighborhood reveals that there are almost no fences in that area around Doyle Park and the neighbor's fence is pretty short- 3 feet at best. If ...
by WWJBDo
Wed Feb 26, 2020 1:01 am
Forum: Personal Consumer Issues
Topic: Are there any newer sci-fi tv shows that are family friendly
Replies: 27
Views: 1976

Re: Are there any newer sci-fi tv shows that are family friendly

"Continuum" was very good SF story line and seems to be fairly family friendly. It was a violent by Canadian standards- meaning guns are fired, with rare hits and almost no deaths.
It doesn't have the excellent 'moral of the story' that ST-NG did, but it was pretty good.
by WWJBDo
Sat Feb 22, 2020 11:29 am
Forum: Personal Consumer Issues
Topic: Do You Have a Long Term Travel Strategy?
Replies: 67
Views: 5980

Re: Do You Have a Long Term Travel Strategy?

A few reflections: 1. While the kids are still in grade school, don't worry about taking them out of school to travel- the travel is worth more to their education and well-being than school and they won't be disadvantaged by being out at that age. 2. Our first international trips with the kids were ...
by WWJBDo
Sat Feb 22, 2020 11:13 am
Forum: Personal Consumer Issues
Topic: Moving Furniture Yourself
Replies: 40
Views: 2927

Re: Moving Furniture Yourself

It partially depends on the flooring. On wood floors, I sometimes use a blanket under the object and Endust on the floors. I know, I know. But it works pretty well as long as you clean up the Endust afterwards. For anything else , I use this: https://www.homedepot.com/p/Milwaukee-1-000-lb-Capacity-F...
by WWJBDo
Sat Feb 15, 2020 9:55 am
Forum: Personal Investments
Topic: Best Site/Software for Portfolio Management?
Replies: 32
Views: 2600

Re: Best Site/Software for Portfolio Management?

Why put it in the nethersphere where it can be found and copied and potentially make you a target for hackers and scammers? Many here use simple Google sheets or Excel spreadsheets. They take minimal time to update and your data is safer. The fancy graphics and layout of any of the aggregators is vi...
by WWJBDo
Fri Feb 14, 2020 10:09 am
Forum: Investing - Theory, News & General
Topic: 2020 Bogleheads Conference and Survey
Replies: 81
Views: 9839

Re: 2020 Bogleheads Conference and Survey

In my field, online attendance is skyrocketing with a lower registration fee than in-person attendance. Those who pay for the virtual meeting can access the meeting contents for some period of time- used to be a month, then 3 months and now a year) so that even those who attend are buying the virtua...
by WWJBDo
Mon Feb 03, 2020 3:08 pm
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 288
Views: 37535

Re: What video games are you currently playing?

I’m surprised I don’t see Rocket League here.
I bought it as a wholesome game on the Xbox for nieces and nephews, but found myself playing it waaaaay to much. Game design is awesome, you can personalize your car and the multiplayer option is very nice.
by WWJBDo
Mon Jan 27, 2020 1:16 am
Forum: Personal Finance (Not Investing)
Topic: Is it possible to contest beneficiary of a life insurance and brokerage account of a deceased?
Replies: 51
Views: 4689

Re: Is it possible to contest beneficiary of a life insurance and brokerage account of a deceased?

You might get additional advice at www.reddit.com/r/legaladvice - they are the best crowd-sourced resource out there for legal questions, IMO.
by WWJBDo
Thu Jan 16, 2020 12:04 pm
Forum: Personal Consumer Issues
Topic: Roofing contractor keeps giving me the runaround
Replies: 15
Views: 1422

Re: Roofing contractor keeps giving me the runaround

I would first do a little research- check Google, Yelp and Home advisor reviews and find out if they are 'scammy' or disorganized. That would inform my approach. Second, I would in writing notify them the work is not done to acceptable standards and the gutter work is not done. Ask that they redo th...
by WWJBDo
Sat Jan 11, 2020 9:10 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 611
Views: 31837

Re: What are you listening to now

I've been really impressed with the selections on Don's Tunes channel on YouTube:
https://www.youtube.com/channel/UCYY_YL ... 51Eu6x9bgA

But I hear the artists make a lot more if you use Spotify:
https://open.spotify.com/playlist/0WEvg ... lUZN5Wpm8B
by WWJBDo
Fri Jan 10, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?
Replies: 75
Views: 6313

Re: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?

The fact that the problem didn't appear for 8 days means an inspector would not be expected to find the problem. Missing rodent infestation is another matter altogether, but has no bearing on a sewer obstruction. When we moving into our house the sewer backed up 3 days later, also from tree roots. O...
by WWJBDo
Thu Jan 02, 2020 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Writing a will / estate planning / when does it make sense to use a trust?
Replies: 26
Views: 2833

Re: Writing a will / estate planning / when does it make sense to use a trust?

As someone who started looking at trusts myself recently, I found Beyond the Grave to be highly readable, engaging so that my spouse also was interested in reading the book. It is a lot like hearing the gossip in your neighborhood or circle but it also brings up potential problems you have assuredly...
by WWJBDo
Sun Dec 29, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Home selling advice: Agent vs. FSBO vs. redfin
Replies: 94
Views: 4569

Re: Home selling advice: Agent vs. FSBO vs. redfin

OP, your earlier posts indicate that you have a very high salary and the delta from selling at $450k vs $460k or even $490k is essentially insignificant-"slippage" in the parlance of my doctor friend. I do not understand why you chose to suffer the pain and wasted time of all this with your realtor....
by WWJBDo
Thu Dec 19, 2019 10:12 am
Forum: Personal Investments
Topic: New Dual Physican Couple
Replies: 60
Views: 6475

Re: New Dual Physican Couple

That's an impressive achievement. Good for you. Real estate can be very rewarding financially, with the caveat that it works best in an area that is going to appreciate (not one that has already gone wild) and also that you have the *time* to deal with it. A two physician family (do you have kids?) ...
by WWJBDo
Tue Dec 17, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Quality Power-Tool Brands
Replies: 93
Views: 5980

Re: Quality Power-Tool Brands

I am a weekend user and have found Ryobi to be reliable and durable for my home project uses. I have had for years now, 9 tools for home and garden all using the same 18v batteries and not one tool has broken, although I did have to replaced one battery (I have 3 now) that I had for many years. Now,...
by WWJBDo
Sun Dec 15, 2019 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Bankruptcy [Personal Liability as Part Owner]
Replies: 31
Views: 2397

Re: Bankruptcy

There is not enough information to make any kind of a reply, except that you should consult an attorney if you have this concern. If you insist on using internet strangers, then I would suggest that www.reddit.com/r/legaladvice is perhaps a better place to ask for help.
by WWJBDo
Thu Dec 12, 2019 11:01 am
Forum: Personal Consumer Issues
Topic: Disposable Contact Lenses - best ordering site?
Replies: 6
Views: 682

Re: Disposable Contact Lenses - best ordering site?

I generally buy my contacts at 1800Contacts.com. They will price match another competitor and for pricing I go to lens.com. One day I may switch to lens.com, but 1800Contacts has always had great customer service.
by WWJBDo
Wed Dec 04, 2019 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Managing money near death of a spouse
Replies: 60
Views: 3918

Re: Managing money near death of a spouse

A very important next step for the kids is to get one of the kids' names on the mom's bank account that is used for autopay of her regular expenses. If you don't do that, then when she passes that account will be locked- and your utilities, cable, insurance, HOA fees, etc won't be paid, resulting in...
by WWJBDo
Tue Nov 26, 2019 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up: Husband's Surprise Debts
Replies: 370
Views: 37632

Re: Follow Up: Husband's Surprise Debts

OP, great work. Sorry if you have already discussed it, but why not take out more on the HELOC to pay off the credit cards, and replace the double digit CC debt with a 4% HELOC? Other than that, another possibility is to go with the home off deduction and also talk to your accountant about writing o...
by WWJBDo
Fri Nov 22, 2019 10:39 am
Forum: Personal Consumer Issues
Topic: GPS with airplane mode on iPhone
Replies: 5
Views: 385

Re: GPS with airplane mode on iPhone

First, yes it is true that the GPS is still working. For example, you can use 'Flyover Country'- an app that shows you where you are and the geologic sites below you as you fly about the country. It's cool app that uses the PGS int he phone even in Airplane mode. If the phone is in airplane mode- th...
by WWJBDo
Tue Nov 12, 2019 9:50 am
Forum: Personal Investments
Topic: Buy pacific gas and electric?
Replies: 49
Views: 5591

Re: Buy pacific gas and electric?

This sounds so reminiscent of my experience using my son's college fund to buy Worldcom and make a quick profit, after it had dropped from $90 down to $10-12.

You guessed it, it went to zero.

As long as you understand $0 is a possibility for you too, then go for it. But have a 'Plan B'.
by WWJBDo
Mon Nov 11, 2019 12:24 am
Forum: Personal Consumer Issues
Topic: Tech guys need help with Mesh wifi booster...
Replies: 48
Views: 2786

Re: Tech guys need help with Mesh wifi booster...

You can, if you want, leave the original one in in place and just not use it. Make a new network name for for your new, mesh network and don't bother with the original one. Other things to consider- you might want in your install to include a password free guest wifi account so you don't have to sha...
by WWJBDo
Mon Nov 04, 2019 9:27 am
Forum: Personal Finance (Not Investing)
Topic: laddering life insurance
Replies: 22
Views: 1255

Re: laddering life insurance

If you believe that your investments can be condensed into 3 products, then your life insurance needs certainly can be fulfilled by 3 products as well. Don't over-complicate things. Each policy takes some non-zero amount of time and effort to maintain. I did essentially what you did, in a less optim...
by WWJBDo
Wed Oct 09, 2019 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Finance or Accounting Degree?
Replies: 81
Views: 6438

Re: Finance or Accounting Degree?

Advantages of accounting include the barrier to entry - there are requirements that are not easily or quickly added to another underegrad degree. To the extent that accountants will be needed, that is a plus. Accounting is also petty diverse- you can easily work for one of the 'Big 4', a medium shop...
by WWJBDo
Wed Oct 09, 2019 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Willingly going from lucrative job to unemployed?
Replies: 132
Views: 15403

Re: Willingly going from lucrative job to unemployed?

Door #2: Set a limit on your hours. Work 40.00 hours. At the end of 40 hours, don't come back until next week. Don't say you can't do that. I had to do that years ago to avoid being in my office running simulations at 9pm. I set a time and at 5:00, I got up and went home. And you know what? Nobody ...
by WWJBDo
Sun Oct 06, 2019 3:31 pm
Forum: Personal Consumer Issues
Topic: Would or should you tip AAA road assistance?
Replies: 67
Views: 5869

Re: Would or should you tip AAA road assistance?

We just had a dead battery at the house and needed to have it replaced. AAA was on a backlog so I added us to the AAA list and called a local battery delivery/installation service - they wanted $235. AAA came out an hour later, checked the alternator and the battery and replaced the battery for $125...
by WWJBDo
Sun Sep 22, 2019 9:12 am
Forum: Personal Consumer Issues
Topic: First car for child
Replies: 129
Views: 9211

Re: First car for child

We've always handed down our existing cars. The 2001 Avalon went to the kids when we bought a Lexus in 2007. That Avalon is still on the road and doing well. The Lexus went to our other child when we got the 2012 Genesis. We just exchanged the Genesis for the Avalon, while we look at new vehicles ag...
by WWJBDo
Thu Sep 12, 2019 1:01 am
Forum: Personal Consumer Issues
Topic: Need ideas for NY Upstate Getaway
Replies: 48
Views: 3525

Re: Need ideas for NY Upstate Getaway

Why not go to Pennsylvania? It's closer and less driving and if you haven't seen these places you might like: Stay at the Hilliard House Inn Council Cup overlook Hickory run boulder field Anthracite Heritage Museum Archbald Pothole State Park. If you have the time, go on up to Corning with other sta...
by WWJBDo
Sun Sep 08, 2019 9:58 pm
Forum: Personal Investments
Topic: need help with strategy to sort out parent's finances
Replies: 28
Views: 3751

Re: need help with strategy to sort out parent's finances

The first thing I would do is give them a copy of this book: https://smile.amazon.com/Beyond-Grave-Revised-Updated-Children/dp/0062336223/ because it sure sounds like they don't have a plan for after they are gone and at their ages they need a plan. Seriously, the book is filled with readable vignet...
by WWJBDo
Sun Sep 01, 2019 8:02 am
Forum: Personal Investments
Topic: Avoid grandson poverty
Replies: 76
Views: 9861

Re: Avoid grandson poverty

First, I think it's great that you are thinking about your grandson and ways to help him out. If the situation warrants, paying off his school loans is probably the best gift you can make to his future life. If that's already taken care of, the advice of giving a $10k check at graduation, stepping b...
by WWJBDo
Thu Aug 29, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: Coffee becomes cold too soon
Replies: 119
Views: 10685

Re: Coffee becomes cold too soon

PSA (Public Service Announcement): If you are using the microwave to reheat coffee, a Panasonic (and only Panasonic, they have a patent on the technology to reduce the power level- other manufacturers stay on full power and reduce the percentage of time the unit is on full power instead of reducing...
by WWJBDo
Thu Aug 29, 2019 8:40 am
Forum: Personal Consumer Issues
Topic: Coffee becomes cold too soon
Replies: 119
Views: 10685

Re: Coffee becomes cold too soon

I have 2 of the Mr. Coffee warmers and find them to be perfect, though if you are a coffee wanderer it's not a good option. PSA (Public Service Announcement): If you are using the microwave to reheat coffee, a Panasonic (and only Panasonic, they have a patent on the technology to reduce the power le...
by WWJBDo
Sat Jul 27, 2019 10:27 am
Forum: Personal Consumer Issues
Topic: RESOLVED: Non-lethal alternatives to firearms to defend against home invasions in Florida
Replies: 113
Views: 7154

Re: Non-lethal alternatives to firearms to defend against home invasions in Florida

This is akin to being chased by a bear - you don't need to outrun the bear just your friend also being chased. In your case you don't need Fort Knox, just to send a thief to someone else's house. Assuming that you are not being targeted because of inside information, then the order of operations is ...
by WWJBDo
Fri Jul 05, 2019 9:01 am
Forum: Personal Investments
Topic: Best way to plan for $620K long term capital gains?
Replies: 18
Views: 2775

Re: Best way to plan for $620K long term capital gains?

If you don't already have one, now may be a good time to get an accountant. They probably cannot save you any money on taxes, but then again, maybe they can. I had a similar event a few years back. The first thing I did was write checks equal to the tax on that windfall to the IRS and the State inco...
by WWJBDo
Sat Jun 29, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Siblings and Inherited Property
Replies: 53
Views: 6917

Re: Siblings and Inherited Property

There is no tax advantage to buying out a sibling of inherited property, so that does not alter the price from the marketplace. If there is sentimental value to the house, then the value to the purchasing sibling is greater than the market price and they should be willing to pay a little more. If th...