Search found 61 matches

by Coburn
Mon Sep 16, 2019 8:48 pm
Forum: Personal Consumer Issues
Topic: Do you trust Microsoft updating your Windows 7 machine?
Replies: 76
Views: 3584

Re: Do you trust Microsoft updating your Windows 7 machine?

For starters, all financial transactions I do are done on a sole designated Win7 laptop whose only function is to run Firefox and nothing else. Provided I can update Firefox regularly, my usual procedure will be unchanged. This is a terrible idea after Feb 2020. It would mean that the sole designat...
by Coburn
Sat Sep 14, 2019 12:19 pm
Forum: Personal Consumer Issues
Topic: Do you trust Microsoft updating your Windows 7 machine?
Replies: 76
Views: 3584

Re: Do you trust Microsoft updating your Windows 7 machine?

Windows 7 is 10 years old. Windows 10 was offered as a free upgrade and I took it on my desktop and laptop. It works well. It's no longer free to upgrade. IMO you should have done so for free. Not all PC's were compatible with Windows 10. The compatability list of laptops to successfully upgrade fr...
by Coburn
Thu Sep 12, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: Comic book collection recommendations
Replies: 21
Views: 1517

Re: Comic book collection recommendations

Depending on how much effort, time and energy your nephew has and to realize the most $$$ back from this collection, the first step in to inventory and catalog all the boxes of comics...ie. transporting them to a facility (storage/lodging/etc) close to him and doing the work. Yes, this means some mo...
by Coburn
Thu Sep 12, 2019 9:04 am
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 159
Views: 7237

Re: How old is your cellphone?

I have an iPhone 6 that I plan to use until it dies. No concerns about security. The world needs more people like you. Lots of low hanging fruit for the hackers to focus on and leave me alone. Yes, when vendor support ends...you are vulnerable. But that can be mitigated somewhat by what you demand ...
by Coburn
Thu Sep 12, 2019 8:18 am
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 159
Views: 7237

Re: How old is your cellphone?

My 6s is my first smartphone (Oct 2015)...before that I had a flip-phone for over 11 years so no stranger to keeping my phones for a very long time. My next phone must be 5G so 2020 is the earliest iPhone I would consider...more probably, 2021 iPhone provided my battery (original one) manages to hol...
by Coburn
Sat Aug 10, 2019 9:07 am
Forum: Investing - Theory, News & General
Topic: The fallacy of Dollar Cost Averaging
Replies: 101
Views: 8491

Re: The fallacy of Dollar Cost Averaging

Thanks for doing the work and analysis...fine job. Investing is still about human nature even though the best of us can say otherwise. Take now as an example..volatility and uncertainty as there in the market, etc...you have 5k, 50k or 250k to invest. How many would lump sum 250k tomorrow? I rest my...
by Coburn
Sat Aug 10, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Negotiation Came to a Halt
Replies: 67
Views: 5075

Re: Real Estate Negotiation Came to a Halt

1. Seller listed at 999k, your best offer was 850k. Pretty big gap.

2. Seller is not pressured to sell or in any haste.

3. Either you come up *significantly* or you keep looking. Otherwise, you are wasting everyone's time.
by Coburn
Fri Aug 09, 2019 8:50 pm
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 87
Views: 12599

Re: Rolex

The other reason is that you just really like the look. In my house should I hang the 500 dollar piece of art that I can afford or should i hang a 500 dollar Monet replica that I really like. And there's a market for that...enter the homage watch. Now a purist might disagree about that, but let's n...
by Coburn
Fri Aug 09, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 87
Views: 12599

Re: Rolex

People who wear real Rolexs are accused that its fake anyway lol Hmmm, it's been a long while since I wore a Rolex and not once has a person asked me if it was real. Must be the company you keep. :twisted: It's no skin off my nose, but if yours is a very good replica...I don't think that I'd be pro...
by Coburn
Fri Jul 26, 2019 6:25 pm
Forum: Personal Investments
Topic: $$$ on the sideline and other thoughts
Replies: 19
Views: 1857

Re: $$$ on the sideline and other thoughts

I feel within the next 5 years we will see a major pullback in the market. I feel the next 10-15 years will be rocky for both the US and world economy. I am both a trained economist and a licensed charter boat captain. Neither qualifies me as a seer of the future. Its not important that you agree/d...
by Coburn
Fri Jul 26, 2019 12:44 pm
Forum: Personal Investments
Topic: What to do with large pre-tax cash balance? Paralyzed...
Replies: 12
Views: 1632

Re: What to do with large pre-tax cash balance? Paralyzed...

I'm a little stunned that you've been sitting on that much cash for 6+ years. :shock: And with the market as it is right now, this money would be buying at high points. I would DCA the money in, in your case...either a target-date fund or a variation of the Boglehead 3-4 fund approach. But first, yo...
by Coburn
Fri Jul 26, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax settlement: how to file claim?
Replies: 147
Views: 12669

Re: Equifax settlement: how to file claim?

After entering my info, it says I was not affacted by the data breach. I assume then that I can't file a claim. :?: Did you do it using https://www.equifaxbreachsettlement.com/ Yep, used that link and it said my account wasn't leaked. Do I trust that statement and does it mean that there's nothing ...
by Coburn
Fri Jul 26, 2019 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Equifax settlement: how to file claim?
Replies: 147
Views: 12669

Re: Equifax settlement: how to file claim?

After entering my info, it says I was not affacted by the data breach. I assume then that I can't file a claim. :?: Did you do it using https://www.equifaxbreachsettlement.com/ Yep, used that link and it said my account wasn't leaked. Do I trust that statement and does it mean that there's nothing ...
by Coburn
Thu Jul 25, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax settlement: how to file claim?
Replies: 147
Views: 12669

Re: Equifax settlement: how to file claim?

After entering my info, it says I was not affacted by the data breach.

I assume then that I can't file a claim. :?:
by Coburn
Mon Jul 22, 2019 12:28 pm
Forum: Personal Consumer Issues
Topic: Whole Bean Coffee: Worth the effort?
Replies: 90
Views: 5137

Re: Whole Bean Coffee: Worth the effort?

lazydavid wrote:
Mon Jul 22, 2019 12:06 pm
We go through about 3lbs a week. :D
That's a fair amount each week.

Depending on what beans you buy/order, it can add up. :wink:
by Coburn
Mon Jul 22, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Whole Bean Coffee: Worth the effort?
Replies: 90
Views: 5137

Re: Whole Bean Coffee: Worth the effort?

This level of simplicity and quality is impossible to achieve with pre-ground coffee. The quality is unquestioned, but not quite as simple as pushing a button. :) The grinder does need to be cleaned (w/a brush) occassionally so there is an up-keep aspect even though it's relatively minor. Even a 2l...
by Coburn
Sun Jul 21, 2019 6:11 pm
Forum: Personal Investments
Topic: Thoughts on 33% Large 33% Mid and 33% small?
Replies: 81
Views: 5469

Re: Thoughts on 33% Large 33% Mid and 33% small?

It's anyone's guess which segment - large, medium, small cap - will do with all the madness going on. "In the absence of clarity, diversification is the only logical strategy." -Larry Swedroe Diversification is the bone we're thrown in the absence of meat...I'd sleep better with a pull-back.
by Coburn
Sun Jul 21, 2019 5:47 pm
Forum: Personal Investments
Topic: Thoughts on 33% Large 33% Mid and 33% small?
Replies: 81
Views: 5469

Re: Thoughts on 33% Large 33% Mid and 33% small?

It's anyone's guess which segment - large, medium, small cap - will do with all the madness going on. Amidst the trade war, we have continued corporate buybacks while corporate profits are going to be much lower for the remaining quarters. Labor costs are sure to increase and we've got more expected...
by Coburn
Sun Jul 21, 2019 12:16 pm
Forum: Personal Investments
Topic: Thoughts on 33% Large 33% Mid and 33% small?
Replies: 81
Views: 5469

Re: Thoughts on 33% Large 33% Mid and 33% small?

Could you share your thought process behing this proposed portfolio? Why that breakdown?
by Coburn
Thu Jul 18, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 93
Views: 8429

Re: Harrassed at work, what steps to take to protect her future employment

and let them try to fire her; set the village on fire on the way out if necessary (they’ve already fired the first shot it seems) 3 What could "set the village on fire" possibly mean and how would this benefit anyone? It means using any social or political capital you have amassed in your 30 years ...
by Coburn
Tue Jul 16, 2019 10:35 am
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 71
Views: 4279

Re: Poor financial advisor performance

1. I think the OP suffers from "The grass is always greener..." syndrome. This to evident to me by reading his posts as is his mood and tone of his posts. 2. My advice is to talk for the FA is see if their fees can be lowered. The portfolio performance has been fine...it's definitely not poor as the...
by Coburn
Sun Jul 14, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: No A/C in Office [not a safe work environment]
Replies: 86
Views: 7962

Re: No A/C in Office [not a safe work environment]

So the boss does not want to shut down because of a temporary condition where it is hot. And we are even discussing that this is a safety condition. A lot of factories are not air conditioned and employees have fans. Bring a fan and be thankful you don't have a HR department. Or quit. OP talks abou...
by Coburn
Sun Jul 14, 2019 7:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1506
Views: 149432

Re: U.S. stocks continue to soar!

Average net worth for my age is will over one million dollars. https://www.financialsamurai.com/the-average-household-net-worth-in-america-is-huge/ I was feeling good about my returns and the increase in the value of my stuff but the numbers put me in my place. You should read up on the difference ...
by Coburn
Sun Jul 14, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1506
Views: 149432

Re: U.S. stocks continue to soar!

My net worth has soared over the past few years. I thought I was doing great but my net worth is well below the average for my age bracket. I'm going to have to try harder. :annoyed What article are you going by? I think the majority of Bogleheads are ahead of game as measured by Forbes: https://ww...
by Coburn
Thu Jul 11, 2019 9:52 am
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 5545

Re: Automatic Watches

What exactly do you do that requires accuracy to within 1 minute per week? Should I forget to adjust the watch periodically, I could find myself rushing to the station to catch the 10:05 train only to find out that it left 2-3 minutes ago. I'm not interested in the watch as jewelry or to make a sta...
by Coburn
Wed Jul 10, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 92
Views: 5545

Re: Automatic Watches

Yes, the best accuracy you could expect of an automatic watch would be 0 to +-1 second per day. If you want or need better, stick to quartz or equivalent.

Watches are a rabbit-hole you don't want to go into if you value your finances. :twisted:
by Coburn
Wed Jul 10, 2019 1:00 pm
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 3248

Re: VOO vs bonds

Thank you for that. :beer

While my prognosis isn't quite as gloomy as GMO's in a related thread, the faint of heart for the next 10 years might want to lean slightly toward bonds if merket volitility keeps them awake nights.
by Coburn
Wed Jul 10, 2019 11:54 am
Forum: Personal Investments
Topic: VOO vs bonds
Replies: 62
Views: 3248

Re: VOO vs bonds

owenmia wrote:
Wed Jul 10, 2019 10:40 am
I can get A+ bonds at 4%
Care to share what bonds these are?

I think the community at large here might like to know.
by Coburn
Fri Jul 05, 2019 1:48 pm
Forum: Personal Investments
Topic: Noob worried about retiring in 7-10 years! Will I have enough - you decide!
Replies: 32
Views: 3839

Re: Noob worried about retiring in 7-10 years! Will I have enough - you decide!

1. Yes, you should continue to save for retirement...that's the easiest part provided the employment continues. 2. Review that AA to make sure you are fine with risk level. 3. Rent will be your biggest concern assuming your health expenses are low. What are the expected yearly increases? If you exp...
by Coburn
Fri Jul 05, 2019 1:26 pm
Forum: Personal Investments
Topic: Noob worried about retiring in 7-10 years! Will I have enough - you decide!
Replies: 32
Views: 3839

Re: Noob worried about retiring in 7-10 years! Will I have enough - you decide!

1. Yes, you should continue to save for retirement...that's the easiest part provided the employment continues. 2. Review that AA to make sure you are fine with risk level. 3. Rent will be your biggest concern assuming your health expenses are low. What are the expected yearly increases? If you expe...
by Coburn
Fri Jul 05, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 110
Views: 11223

Re: Staying the course is so hard (support thread)

1. I think you are too hard on yourself. 2. Until you reconcile your retirement plans and goals with the desire to buy a better property, car, etc...you will continue to be conflicted and unhappy. 3. I think it's oK to reward onself or loosen the reins a bit, now and then. You are still young, but y...
by Coburn
Fri Jul 05, 2019 12:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12036
Views: 2049136

Re: U.S. stocks in free fall

I can smell the avarice on this one, Obi-san!!!! My first Star Wars reference, ever...imagine that. And I despise those movies. I was thinking of an elderly gentleman wearing 14 belts with his kimono. I don't really despise the Star Wars movies, but I am not a fan. And it was many years after their...
by Coburn
Fri Jul 05, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12036
Views: 2049136

Re: U.S. stocks in free fall

stocks and bonds both falling off the cliff today as hopes of rate cut fade. I'll stay in cash, thanks. I could be wrong, but you sound like a market-timer. And there's nothing wrong with that...but I'd ask how long you will wait?! Market-timer vs DCA-er...who wins and who loses?! :D :D :D If today...
by Coburn
Fri Jul 05, 2019 9:51 am
Forum: Personal Investments
Topic: Noob worried about retiring in 7-10 years! Will I have enough - you decide!
Replies: 32
Views: 3839

Re: Noob worried about retiring in 7-10 years! Will I have enough - you decide!

It's a pity that you don't own property (even it you have a mortgage, that's OK)...whenever someone says they rent, I wince.

Keep saving, cut your expenses if you can and pray for a downturn. Hope you have a little $$$ on the side in case the employment status changes.
by Coburn
Fri Jul 05, 2019 9:21 am
Forum: Personal Investments
Topic: Best way to plan for $620K long term capital gains?
Replies: 18
Views: 2459

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

I concur with WWJBDo...you should be meeting w/your accountant to discuss strategies. If you don't have one or are dissatisfied with him, easy enough to find another.

But Uncle Sam always gets his cut. Ignore at your own peril. :D
by Coburn
Thu Jul 04, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: Reservations about purchasing a 16 year old house
Replies: 65
Views: 5090

Re: Reservations about purchasing a 16 year old house

I have never lived in a 128 or 130 old house. That must be something!...ie. the craftmanship and lumber?! The craftsmanship is incredible, as are the materials. heart pine floors and timbers, slate roofs, Queen Anne external wood decorations, numerous hand-carved decorative elements around the door...
by Coburn
Thu Jul 04, 2019 6:52 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

Coburn wrote: If I have any lasting memories of the 2008 recession perhaps the most noteworthy was this: By then, I was most assuredly contributing to my 401k (total $$$ amounted to under 40k )...and I remember thinking after I logged into my retirement account and seeing the running balance lower ...
by Coburn
Thu Jul 04, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: Reservations about purchasing a 16 year old house
Replies: 65
Views: 5090

Re: Reservations about purchasing a 16 year old house

I would gladly unload my 130-year-old house for a 16-year-old version! For a 16-year-old house there are still craftsmen who understand how to work with installed systems. I have never lived in a 128 or 130 old house. That must be something!...ie. the craftmanship and lumber?! Parting shot to OP: y...
by Coburn
Thu Jul 04, 2019 3:06 pm
Forum: Investing - Theory, News & General
Topic: How do you brace for impact?
Replies: 65
Views: 6086

Re: How do you brace for impact?

I always wear my seatbelt on a plane. I don't wait until the plane has been up in the air for X number of hours to put it on. I'd argue that said seatbeat will prove of little or no protection if the plane crashes (recession) happens. :wink: As for the topic question...the usual procedures includin...
by Coburn
Thu Jul 04, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Reservations about purchasing a 16 year old house
Replies: 65
Views: 5090

Re: Reservations about purchasing a 16 year old house

The moment you mentioned septic system you lost me. :D The oil boiler, pool, etc...they're just more nails on the coffin.

Move on.
by Coburn
Thu Jul 04, 2019 12:23 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

Coburn wrote: Sure, when the market tanks or when the next recession lands, my portfolio will be impacted. But in my mind, I treat it as more of a paper loss since I'm not tapping this money yet. BRAVO, Coburn! :D :D :D :D :D Yes indeed, a paper loss is not an actual loss. A paper loss is converted...
by Coburn
Thu Jul 04, 2019 10:44 am
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

I assume nothing and I take nothing for granted. I could be out of a job tomorrow, next month, or next year as I work in the private sector. Coburn, Then, you should plan to use your portfolio before the retirement age. Assuming that you never need to tap your portfolio before the retirement age is...
by Coburn
Thu Jul 04, 2019 10:05 am
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

if my net worth is double what it was during the last recession, and a recession were to happens again...I wouldn't look at it as "I have more to lose this time compared to last time...". But it seems perhaps you view it that way. This just my opinion, so I could be wrong, but that just makes me th...
by Coburn
Thu Jul 04, 2019 9:45 am
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

if my net worth is double what it was during the last recession, and a recession were to happens again...I wouldn't look at it as "I have more to lose this time compared to last time...". But it seems perhaps you view it that way. This just my opinion, so I could be wrong, but that just makes me th...
by Coburn
Wed Jul 03, 2019 1:47 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

If you are asking would I behave differently between B and C if I were in those shoes... no. I would be unemployed in both cases and if the only difference was having more money (C), I fail to see why they are so different. There is something else you are not sharing, I think. Coburn, <<If you are ...
by Coburn
Wed Jul 03, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

If you are asking would I behave differently between B and C if I were in those shoes... no.

I would be unemployed in both cases and if the only difference was having more money (C), I fail to see why they are so different.

There is something else you are not sharing, I think.
by Coburn
Wed Jul 03, 2019 12:46 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

Good points, nedsaid. One other thing I'll add. There is nothing - NOTHING - that can adequately prepare you for a deep, severe bear market. Nor is there anything that can truly predict how you will react to your first one. They are terrible. Until you live through one or two, you cannot truly prep...
by Coburn
Wed Jul 03, 2019 12:13 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15199

Re: Good times: 2008 vs Now

Good points, nedsaid. One other thing I'll add. There is nothing - NOTHING - that can adequately prepare you for a deep, severe bear market. Nor is there anything that can truly predict how you will react to your first one. They are terrible. Until you live through one or two, you cannot truly prep...
by Coburn
Wed Jul 03, 2019 9:34 am
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 10912

Re: Pick one: $135,000 rental property or $110,000 in REITs

If the choices are 135K rental property or 110K cash, I'll take the cash.

The cash could be then dumped to REITs. But I'd choose differently.
by Coburn
Wed Jul 03, 2019 8:45 am
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7055

Re: Parents got ripped off, what can I do about it?

1. Assuming the repair wasn't an emergency, why didn't your parents call you first before engaging outside repair?

2. House call repairs are always expensive...get more than one quote if you can.