Search found 11810 matches

by letsgobobby
Sun Jan 20, 2019 1:12 am
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3508

Re: How much money does one need to setup a private S&P 500 fund?

I'm not tempted to start my own 500 index fund, so... Yeah, I guess so. :sharebeer
by letsgobobby
Sun Jan 20, 2019 12:14 am
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3508

Re: How much money does one need to setup a private S&P 500 fund?

I can't tell whether you're serious or not. I stated this is most likely academic because of today's low fees. Still there must be a sum where it makes sense to setup a private index fund. I like voting my shares too; one can't do that with mutual funds. VFFSX has only 1 basis point (0.01%) expense...
by letsgobobby
Sat Jan 19, 2019 10:43 pm
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5052

Re: Is California worth the premium?

We left fifteen years ago because of: Traffic Crime Cost of living/taxes Lower salaries Mediocre public schools except in a few ultra high cost areas, which spoke to values For me, lack of four seasons was a definite negative A few other personal reasons which aren't for this forum No regrets. Reach...
by letsgobobby
Sat Jan 19, 2019 9:52 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 53
Views: 3508

Re: How much money does one need to setup a private S&P 500 fund?

I can't tell whether you're serious or not. I stated this is most likely academic because of today's low fees. Still there must be a sum where it makes sense to setup a private index fund. I like voting my shares too; one can't do that with mutual funds. VFFSX has only 1 basis point (0.01%) expense...
by letsgobobby
Sat Jan 19, 2019 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Using 529 for retirement rather than just education?
Replies: 16
Views: 1640

Re: Using 529 for retirement rather than just education?

A 529 is an excellent retirement vehicle if part of your retirement plan is paying for the educational expenses of your children, grandchildren, or yourself.
by letsgobobby
Sat Jan 19, 2019 4:43 pm
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 2954

Re: How do you keep a calendar?

What do people mean by layers and multiple color codes?
by letsgobobby
Sat Jan 19, 2019 3:22 pm
Forum: Personal Consumer Issues
Topic: What is a Boglehead funeral/burial?
Replies: 84
Views: 3859

Re: What is a Boglehead funeral/burial?

Clakr Howard suggests joining a non profit memorial society.

https://clark.com/family-lifestyle/save ... l-society/
by letsgobobby
Sat Jan 19, 2019 12:30 pm
Forum: Investing - Theory, News & General
Topic: So when do you sell?
Replies: 27
Views: 2628

Re: So when do you sell?

It's not solely about wealth. It's about mindset, education, reach, vision, growth. Nothing against hard labor, it's honorable for sure. And if chosen intentionally, it could be a powerful statement. But if my kids or grandkids have no better options, then something went wrong with my parenting or f...
by letsgobobby
Sat Jan 19, 2019 10:08 am
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 2954

Re: How do you keep a calendar?

Google Calendar for me. For the OP's specific case -- this might not be *exactly* what they want, but on the upper right-hand corner of the Google Calendar web page, there is a drop-down menu that lets you select between views of Day/Week/Month/Year/Schedule. A combination of looking at the "Year" ...
by letsgobobby
Sat Jan 19, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 2954

Re: How do you keep a calendar?

Google Calendar for me. For the OP's specific case -- this might not be *exactly* what they want, but on the upper right-hand corner of the Google Calendar web page, there is a drop-down menu that lets you select between views of Day/Week/Month/Year/Schedule. A combination of looking at the "Year" ...
by letsgobobby
Sat Jan 19, 2019 9:25 am
Forum: Investing - Theory, News & General
Topic: So when do you sell?
Replies: 27
Views: 2628

Re: So when do you sell?

If you don't need the money, do you just hold onto your investments for years until you die then pass them on to your heirs if you have them? Assuming we continue to not need or want to spend the money, I am thinking that we will begin distributing some to our children when we have RMDs and/or when...
by letsgobobby
Fri Jan 18, 2019 11:03 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 58
Views: 3119

Re: Any admission pointers from pre- med/ med students?

I agree with all the extracurriculars.

But if you have a high GPA from a good school, a very strong MCAT, and interview well, you will get in to medical school.

The extracurriculars matter more the more competitive the school you are applying to, and if you fall down in any of the above three areas.
by letsgobobby
Fri Jan 18, 2019 9:25 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 248
Views: 21021

Re: Who's buying today? where's all the "dry powder" folks at? :)

The stock market is up more than ten percent in about three weeks.
by letsgobobby
Fri Jan 18, 2019 7:23 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 58
Views: 3119

Re: Any admission pointers from pre- med/ med students?

Work hard enough in undergrad and Ace the MCAT, among other things, so you have your choice of medical schools. My life is immeasurably better having paid $6000 per year in tuition as opposed to $40,000. I had choices because of my undergrad body of work. I also interview well.
by letsgobobby
Fri Jan 18, 2019 7:09 pm
Forum: Personal Consumer Issues
Topic: Curry Powder?
Replies: 38
Views: 2015

Re: Curry Powder?

I've tried various recipes and have found some that are better than anything store bought. Of the store bought I've liked Penzeys.
by letsgobobby
Fri Jan 18, 2019 6:38 pm
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 2954

Re: How do you keep a calendar?

Yeah, I really need the ability to see the entire year on one page with trips, conferences, school breaks etc highlighted. Then I need to zoom in per day, week, or month on specific events.
by letsgobobby
Fri Jan 18, 2019 9:33 am
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 2954

Re: How do you keep a calendar?

Thought I'd bump this for a refresh
by letsgobobby
Thu Jan 17, 2019 9:45 pm
Forum: Personal Consumer Issues
Topic: Refurbished iPhones from Amazon
Replies: 23
Views: 1824

Re: Refurbished iPhones from Amazon

How do y'all know these refurb phones from third party sellers aren't infected with spyware and keyloggers?
by letsgobobby
Thu Jan 17, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 2954

How do you keep a calendar?

I’ve been using Google Calendar for the last year. It works, but I need something different. What I really want is an app that lets me choose a single page “full year” view and then print it. I created a Google Sheets spreadsheet which works - Months on the left column, Repeating days of the week ac...
by letsgobobby
Thu Jan 17, 2019 11:19 am
Forum: Personal Consumer Issues
Topic: Washington State Solar Incentives
Replies: 18
Views: 941

Re: Washington State Solar Incentives

Our installer switched out the string inverter for microinverters with Itek. How is it that your 4.x kW system would provide 170% of your home’s electricity needs? Since a 12 kW system would provide only 100% of our electricity needs, and you live near us, that suggests your home uses one sixth the ...
by letsgobobby
Thu Jan 17, 2019 11:18 am
Forum: Personal Consumer Issues
Topic: Washington State Solar Incentives
Replies: 18
Views: 941

Re: Washington State Solar Incentives

Duplicate
by letsgobobby
Thu Jan 17, 2019 10:31 am
Forum: Personal Consumer Issues
Topic: Washington State Solar Incentives
Replies: 18
Views: 941

Re: Washington State Solar Incentives

We have the same size system as my sister who lives in Salt Lake City. In July we produced more than they did. Those short winter days conversely mean very long summer days. True, but one would think that those long summer days, in Western Washington, would have less electrical demand. For one ther...
by letsgobobby
Thu Jan 17, 2019 12:08 am
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 50
Views: 4286

Re: Real value of NYC real estate, 1899-1999.

Housing is one of life's greatest expenditures. By extension it really can't grow faster than inflation because it is the largest single component of inflation. This may not be strictly true of commercial rents but one suspects it's not far off.
by letsgobobby
Wed Jan 16, 2019 9:03 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 851
Views: 44128

Re: John Bogle is dead at 89

It was an honor to have met him. He changed millions of lives... And family trees.
by letsgobobby
Wed Jan 16, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: Anyone ever buy Hilton's Timeshares (HGVC)?
Replies: 51
Views: 9309

Re: Anyone ever buy Hilton's Timeshares (HGVC)?

I'm an HGVC owner. My experience hasn't been bad but I still wouldn't recommend buying new or resale. IMO, there are too many units for rent on TUG, Redweek, etc. to actually justify buying one of your own. Mostly agree. Where do you own? I would only consider buying resale if I wanted to being a h...
by letsgobobby
Wed Jan 16, 2019 3:53 pm
Forum: Personal Consumer Issues
Topic: Washington State Solar Incentives
Replies: 18
Views: 941

Re: Washington State Solar Incentives

How is solar going to work in Washington state? I assume you mean west of the Cascades, or perhaps places like Sequim. But even then it would seem like the shortened winter daylight hours would make it a poor value at almost any cost. We have the same size system as my sister who lives in Salt Lake...
by letsgobobby
Wed Jan 16, 2019 2:59 pm
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 50
Views: 4286

Re: Real value of NYC real estate, 1899-1999.

If you're being honest you'll see the real wealth creation of stocks and real estate is not nearly as disparate as you imply.
by letsgobobby
Wed Jan 16, 2019 12:43 pm
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 50
Views: 4286

Re: Real value of NYC real estate, 1899-1999.

You are arguing with the resident RE .... zealot I should have to say. It's worked for him. He likes talking about it. There is no possibility of an external audit of his returns - we have to take them on trust. He likes talking about it so much he does so on a Forum mostly devoted to (equity and b...
by letsgobobby
Wed Jan 16, 2019 12:39 pm
Forum: Investing - Theory, News & General
Topic: Real value of NYC real estate, 1899-1999.
Replies: 50
Views: 4286

Re: Real value of NYC real estate, 1899-1999.

This is just one alternative to the 4% rule where you need a much larger portfolio so that you don't run out of money. Nope, historical total return of real estate is comparable to equity (see https://www.cbsnews.com/news/history-says-home-real-estate-is-a-bad-investment/ ). The 4% rule of thumb do...
by letsgobobby
Wed Jan 16, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: Washington State Solar Incentives
Replies: 18
Views: 941

Re: Washington State Solar Incentives

Hi all, I live in Washington and am exploring getting solar panels for my house. My understanding is I'd get a 30% discount on the cost in the form of a federal tax credit, but that Washington's solar incentive funds have been used up, so I don't think I should count on that offsetting any of my co...
by letsgobobby
Tue Jan 15, 2019 11:06 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4054
Views: 1102551

Re: What Movie Have You Recently Watched?

EPWorrell wrote:
Tue Jan 08, 2019 8:35 am
Watch the latest Pirates of the Caribbean movie "Dead Men Tell No Tales."

They should have stopped a few movies ago.
Stopping after the first movie would not have been soon enough.
by letsgobobby
Tue Jan 15, 2019 9:33 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

Doubling in 17 years is 4.16%, not 3.5%.
by letsgobobby
Mon Jan 14, 2019 3:05 pm
Forum: Investing - Theory, News & General
Topic: GMO's 7‐Year Asset Class Real Return Forecasts
Replies: 29
Views: 1869

Re: GMO's 7‐Year Asset Class Real Return Forecasts

GMO has released to the public its 7‐Year Asset Class Real Return Forecasts. As of December 31, 2018 They are Stocks -2.5% U.S. Large 1.3% U.S. Small 2.0% Intl Large 2.8% Intl Small 4.7% Emerging 8.2% Emerging Value Bonds -0.7% U.S. Bonds -2.6% Intl Hedged 2.7% Emerging debt -0.1% U.S. Inflation Li...
by letsgobobby
Mon Jan 14, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3544

Re: too much college savings

Will, from this thread it seems you are someone who values flexibility and will sometimes accept a lower return in exchange for more flexibility. I am the opposite, I have multiple buckets of money and don't need flexibility for all of them. Those buckets I am inflexible with I can seek out either m...
by letsgobobby
Mon Jan 14, 2019 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3544

Re: too much college savings

I have an uncle who participated in a pre-paid college program for both of his sons. At least one of them will not be attending college, and the jury's out on the other. TMK, he'll only get the nominal dollars back he paid into the program Lousy prepaid plan. The best of them allow withdrawal at fu...
by letsgobobby
Mon Jan 14, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3544

Re: too much college savings

This is one of the reasons why I chose not to contribute to a 529 account. The possibility of your children not attending college or else getting a free ride is too high in my estimation, especially if you have other tax-advantaged space. You went from talking about “I” to talking about “you”. Who ...
by letsgobobby
Mon Jan 14, 2019 11:00 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

There's only one definition of risk that matters: that of failing to reach your financial goal. However secure EE bonds seem, they are riskier than stocks because they are less likely to contribute to that goal. By your definition nearly every bond is riskier than stocks. In the short-term, stocks ...
by letsgobobby
Mon Jan 14, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3544

Re: too much college savings

I'm following this thread because I am wondering if I might save too much. My kids are 7, 1, and 3 months. I've saved about $70K, $27K, and $5k right now. Would the OP say I'm saving too much? I live in Pennsylvania so the tax break can become irresistible at the end of the year. I'm stating my num...
by letsgobobby
Mon Jan 14, 2019 9:55 am
Forum: Personal Finance (Not Investing)
Topic: too much college savings
Replies: 40
Views: 3544

Re: too much college savings

Good problem to have. Why not withdrawal unused and pay tax ? Why not you use, go to any European university and learn simething that interests you or your spouse ? There are tons of language schools throughout Europe. They do immersive language training. I would love to visit Italy for 2 months of...
by letsgobobby
Mon Jan 14, 2019 8:34 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

There's only one definition of risk that matters: that of failing to reach your financial goal. However secure EE bonds seem, they are riskier than stocks because they are less likely to contribute to that goal. By your definition nearly every bond is riskier than stocks. If you want to have that d...
by letsgobobby
Mon Jan 14, 2019 1:00 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

james22 wrote:
Sun Jan 13, 2019 11:19 pm
letsgobobby wrote:
Sun Jan 13, 2019 9:10 pm
i made the choice to take all my risk on the equity side.
I know you believe that, bobby, but EE bonds are *riskier* than stocks over 20 years.
This is a serious oversimplification. Perhaps you can start a new thread about how to define risk.
by letsgobobby
Sun Jan 13, 2019 9:10 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

And anyway, I've already made the stock/bond decision. The question is what bonds. You've said this several times before, but I still don't understand your logic here. Someone taking this route could easily say, "I must have X% bonds in my portfolio, but these long-term, high-yield corporate bonds ...
by letsgobobby
Sun Jan 13, 2019 3:12 pm
Forum: Personal Consumer Issues
Topic: Anyone ever buy Hilton's Timeshares (HGVC)?
Replies: 51
Views: 9309

Re: Anyone ever buy Hilton's Timeshares (HGVC)?

About to go to another HGVC presentation. This will be our fourth I think. This week is $1700 for a 2br/2 ba brand new tower at Hilton Hawaiian Village, at spring break. Fantastic price for quality and location. Worth the 90 minute presentation. Still think about buying resale but would never buy new.
by letsgobobby
Sun Jan 13, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

We have large 529s but still find value in EE bonds for long term money. At some point we'll have overfunded 529s and EE and I bonds expand our tax deferred space. The future is not knowable. If stocks were guaranteed to outperform bonds, they wouldn't be risky. At recent valuations they may well no...
by letsgobobby
Sun Jan 13, 2019 2:11 am
Forum: Personal Consumer Issues
Topic: Brake fluid replacement?
Replies: 69
Views: 3974

Re: Brake fluid replacement?

at the 140k mile service, the dealer told us our 2012 Prius brake fluid had tested too high in moisture and they recommended replacing. For $130 I didn’t argue, what would I say?

that’s the only brake fluid I’ve ever replaced, I think.
by letsgobobby
Sun Jan 13, 2019 12:24 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

But as of right now, if someone wants to buy a 15+ year US government bond, he ought to give EE bonds a serious look-see. And most investors who own TBM, or a Target date retirement fund, own US treausuries of 15+ years. Treasuries and EE bonds are not equivalent. Treasuries can be sold at any time...
by letsgobobby
Sat Jan 12, 2019 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting previously inherited assets, do they get stepped up twice?
Replies: 4
Views: 723

Inheriting previously inherited assets, do they get stepped up twice?

I inherit some shares from my dad when he passes. I never sell them. Then when I die, they are left to my child. What is her basis?

Does this process continue indefinitely?
by letsgobobby
Sat Jan 12, 2019 8:05 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

I've had some for ten years and compared to nominal bonds, I'm not unhappy with them. We have ten years to go before I'll be able to make a final assessment. But as of right now, if someone wants to buy a 15+ year US government bond, he ought to give EE bonds a serious look-see. And most investors w...
by letsgobobby
Sat Jan 12, 2019 5:15 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

You specifically said that significant deflation is the only upside EE bonds have, but they have upside relative to nominal treausuries under a wide range of inflation outcomes.

James, EE bonds are most appropriate for a portion of one's fixed income holdings, not all.
by letsgobobby
Sat Jan 12, 2019 12:21 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 392
Views: 35709

Re: I don't understand the case for EE bonds

Yeah, I don't believe nominal returns guarantee anything that matters. EE bonds too risky for me. To the extent that the future resembles the past, EE bonds are riskier than stocks. In real dollars, the worst twenty year period for stocks would have done better than the worst twenty year period whe...