Search found 10909 matches

by letsgobobby
Wed Feb 21, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Cedar Roof
Replies: 16
Views: 629

Re: Cedar Roof

i would never buy a house without a thorough roof inspection.
by letsgobobby
Mon Feb 19, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 4831

Re: Best plants to grow to save money for food costs

Instead of just saving money think of other ways that growing plants can be rewarding. For example kale and chard are perennial where I live. Any time of year we can go out and grab dinner veggies. Huge convenience over the grocery. Tomatoes, berries, and small fruit trees don't save money but taste...
by letsgobobby
Mon Feb 19, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 151
Views: 13739

Re: What is the best home exercise equipment?

Best equipment is the equipment you will use. For me it has always been a treadmill. For others it might be a rower or bike. I am also a firm believer in strength training at all ages, in fact especially as you age. I hate that my gym closes on holidays and at 8 pm on weekends. I'm either switching ...
by letsgobobby
Sun Feb 18, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: Seeing Yellowstone National Park
Replies: 24
Views: 2039

Re: Seeing Yellowstone National Park

Reserve now. We reserved for June, back in November. Some nights already completey booked and very few options available the other nights, at least in the park.
by letsgobobby
Sat Feb 17, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house, duplex/multiplex, or condo in Houston, TX? Any advice?
Replies: 15
Views: 1226

Re: Should I buy a house, duplex/multiplex, or condo in Houston, TX? Any advice?

i went to med school in Houston as an out of stater. PM me if you want to talk.
by letsgobobby
Sat Feb 17, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: When do IRA's stop making sense?
Replies: 37
Views: 2635

Re: When do IRA's stop making sense?

your spouse can have a backdoor Roth IRA even if you choose not to.

but we paid taxes on $20k of gains in our IRAs to access backdoor Roths when we were in our mid 30s and have found it very worthwhile. opening up 35 years of tax free forever contributions was worth the small tax hit at the time.
by letsgobobby
Sat Feb 17, 2018 12:22 am
Forum: Investing - Theory, News & General
Topic: Bberg: bond bulls say they'll have the last laugh
Replies: 16
Views: 2120

Re: Bberg: bond bulls say they'll have the last laugh

So i'm curious what Bogleheads make of this article: https://www.bloomberg.com/news/articles/2018-01-29/these-bond-bulls-say-they-ll-have-last-laugh-as-u-s-yields-soar After all, nothing in their long-term outlook has changed: Inflation is still subdued, consumers have limited capacity to propel ec...
by letsgobobby
Fri Feb 16, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Amica reocurring double digit increases in homeowners insurance
Replies: 20
Views: 1406

Re: Amica reocurring double digit increases in homeowners insurance

Shop around and see what you can get. Amica always has one of the highest satisfaction ratings for claims so after you have price quotes, you can decide how much your satisfaction is worth. In the end, you’re part of a pool. Your FICO, claims history, etc., matter - but so do they matter the claims ...
by letsgobobby
Fri Feb 16, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: Increasing SS PIA by working again
Replies: 27
Views: 1515

Re: Increasing SS PIA by working again

Thanks for all the calculation confirmations. In summary, if one were to work an additional five years at $50,000 annually and then live 20 years in retirement after full retirement age, they would add $21,420 in total to their SS retirement benefits received. Everyone has their own way but to me, ...
by letsgobobby
Wed Feb 14, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter’s College & Grad School Expenses -Nurse Practitioner
Replies: 51
Views: 3251

Re: Daughter’s College & Grad School Expenses -Nurse Practitioner

Your daughter has had a good start thanks to you. Now I think she should figure out the rest herself.
by letsgobobby
Tue Feb 13, 2018 10:45 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 6374

Re: Work-out schedule for those in 60s

Just curious, what is your weekly work-out routines for those in the 60s? For me--I just added weight training the last 3 months M: Cardio (40 mins) Stretch (15 mins) T: weight (30 mins), slow cardio (20mins) stretch (15 mi) W: Rest Th: Repeat Monday F: Repeat Tuesday Sat: Rest Sun: Repeat Monday t...
by letsgobobby
Mon Feb 12, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7106

Re: I’m not renewing my Costco membership.

Historically Costco's entire annual profit is represented by its total annual membership fees. Put another way, everything they sell is more or less at cost, net of expenses.
by letsgobobby
Mon Feb 12, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7106

Re: I’m not renewing my Costco membership.

We make up our membership fee with savings on car rentals alone.
by letsgobobby
Sat Feb 10, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

Shiller's CAPE was first published in 1988. The idea was that higher CAPE values had historically led to lower ( but never implied negative ) returns for the following ten year period. Now let's look at the 26 year period from 1992-2017. Through this entire period, with only a brief exception in 20...
by letsgobobby
Sat Feb 10, 2018 5:19 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

Pe10 reached an all time high. Stocks then had one of their worst 10+ periods on record. How is that hindsight? A prediction, even with a confidence interval, is the very opposite of hindsight. And look back at the markets after January 2000. They fell before 9/11, fell more after the attacks, then...
by letsgobobby
Sat Feb 10, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

Pe10 reached an all time high. Stocks then had one of their worst 10+ periods on record. How is that hindsight? A prediction, even with a confidence interval, is the very opposite of hindsight. And look back at the markets after January 2000. They fell before 9/11, fell more after the attacks, then ...
by letsgobobby
Sat Feb 10, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 278
Views: 39379

Re: Selling all equities, discuss why I'm wrong. :)

Calais wrote:
Sat Feb 10, 2018 3:23 pm
I imagine that around at PE/10 of 20 I'd resume my normal equity allocation, but I'm not totally sure.
And then sell again when pe10 gets to 25? It's such a narrow range. I don't think it's going to work for you.
by letsgobobby
Sat Feb 10, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: your assets - now verses end of year?
Replies: 38
Views: 2365

Re: your assets - now verses end of year?

jfn111 wrote:
Sat Feb 10, 2018 1:31 pm
I just peaked. :D Down 1.5% from Jan. 1st.
You say peaked, I say peeked.
You say tomato, I say tomahto.
Let’s call this whole thread off.
by letsgobobby
Sat Feb 10, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: your assets - now verses end of year?
Replies: 38
Views: 2365

Re: your assets - now verses end of year?

Here we are at the weekend. All prices posted. I did an overall view of my assets. I am down $2286 from my end of the year figures. Wanted to see if I was maintaining over the 2 comma club which I had just entered in October or if I was backsliding. As it sits now, we have all lost about 6 weeks on...
by letsgobobby
Sat Feb 10, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: your assets - now verses end of year?
Replies: 38
Views: 2365

Re: your assets - now verses end of year?

Here we are at the weekend. All prices posted. I did an overall view of my assets. I am down $2286 from my end of the year figures. Wanted to see if I was maintaining over the 2 comma club which I had just entered in October or if I was backsliding. As it sits now, we have all lost about 6 weeks on...
by letsgobobby
Sat Feb 10, 2018 2:14 am
Forum: Investing - Help with Personal Investments
Topic: Market Drop - Good Entry point?
Replies: 9
Views: 1370

Re: Market Drop - Good Entry point?

Well I don't feel as if I'm timing anything just had a bit of extra cash, more than usual because I'm contributing 2018 contributions. Do you guys all invest $5500 into whatever on the first trading day of the year in your Roth's, and if not, its called market timing? if you have the cash but don’t...
by letsgobobby
Sat Feb 10, 2018 2:10 am
Forum: Personal Finance (Not Investing)
Topic: [US Budget deal Revives Expired Individual Tax Breaks for 2017]
Replies: 25
Views: 3153

Re: In a hurry to file, Senate drops stink bomb

i'm confused. did the 30% solar tax credit go away or not?
by letsgobobby
Fri Feb 09, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

https://www.gurufocus.com/shiller-PE.php Shiller PE is currently at 31 to 32. According to Guru focus, this suggests that stock returns will be around negative 2 to 3 percent over the next 8 years. How seriously do people take Shiller PE, and what it implies about future returns? Why? :happy People...
by letsgobobby
Fri Feb 09, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: 529 plan seasoning?
Replies: 4
Views: 426

Re: 529 plan seasoning?

Not for qualified withdrawals.
by letsgobobby
Fri Feb 09, 2018 8:10 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

I haven't bought stocks since 2009.*

* Not exactly true. I had to briefly rebalance in 2011, following the debt downgrade mini crash. I sold then bought back stocks within just a few weeks.
by letsgobobby
Fri Feb 09, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

Shiller's CAPE was first published in 1988. The idea was that higher CAPE values had historically led to lower ( but never implied negative ) returns for the following ten year period. Why couldn't implied returns be negative over a 10 year period (or 8 year period) if CAPE got high enough? Presuma...
by letsgobobby
Fri Feb 09, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Allegedly worst week since 2008: Time to revisit AA?
Replies: 10
Views: 1134

Re: Allegedly worst week since 2008: Time to revisit AA?

I don't think a 10% decline is at all a test of one's risk tolerance. Especially when the decline occurs in about eight trading days. Long declines in real terms over many years are the real test of fortitude and we haven't had any of those for a decade. I'd stick with your current AA. If stocks fal...
by letsgobobby
Fri Feb 09, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: Should you sell your investments when they start dropping? When should you invest during this market correction?
Replies: 52
Views: 4109

Re: Should you sell your investments when they start dropping? When should you invest during this market correction?

Should you sell your investments when they start dropping? When should you invest during this market correction? I don't see why not sell now and wait for the market to drop more and then buy them again. Will the market go up as fast as it is going down? (I am kind of playing devil's advocate here)...
by letsgobobby
Fri Feb 09, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5590
Views: 1263100

Re: U.S. stocks in freefall

I personally believe this selloff is the start of something big.

Either that, or we are close to the end of this selloff.

:P
by letsgobobby
Fri Feb 09, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: Should you sell your investments when they start dropping? When should you invest during this market correction?
Replies: 52
Views: 4109

Re: Should you sell your investments when they start dropping? When should you invest during this market correction?

Should you sell your investments when they start dropping? When should you invest during this market correction? I don't see why not sell now and wait for the market to drop more and then buy them again. Will the market go up as fast as it is going down? (I am kind of playing devil's advocate here)...
by letsgobobby
Thu Feb 08, 2018 11:49 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

Between 1996 and 2009, the stock market was exactly flat, and had two major crashes to get there. From 1996-2008, the annualized return of TSM was 4.75% nominal, 2.25% real. That's not "exactly flat." It probably would be if you were only looking at price, but that would be pointless. I absolutely ...
by letsgobobby
Thu Feb 08, 2018 11:26 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

Between 1996 and 2009, the stock market was exactly flat, and had two major crashes to get there. From 1996-2008, the annualized return of TSM was 4.75% nominal, 2.25% real. That's not "exactly flat." It probably would be if you were only looking at price, but that would be pointless. I absolutely ...
by letsgobobby
Thu Feb 08, 2018 11:10 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 104
Views: 7524

Re: Tips on Buying a Class-B RV

My truck has a backup camera as well as a cargo bed camera for lining up a gooseneck hitch or a truck camper. They think of everything I tell you!
by letsgobobby
Thu Feb 08, 2018 11:08 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

Between 1996 and 2009, the stock market was exactly flat, and had two major crashes to get there. Really hard to see how his prediction was wrong. Cash would have earned the same, and with no volatility. Cherry picking the exact bottom seems odd- you could just as easily talk about 2008, or 2006 if...
by letsgobobby
Thu Feb 08, 2018 10:39 pm
Forum: Investing - Theory, News & General
Topic: Does Shiller PE imply negative returns?
Replies: 57
Views: 3222

Re: Does Shiller PE imply negative returns?

Shiller's book Irrational Exuberance came out in 1996. He was predicting a crash or at least implying that prices were too high (or earnings didn't justify price, which was the case for internet stocks that had no earnings). After his book came out the market gained 100% over the next three years 1...
by letsgobobby
Thu Feb 08, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5590
Views: 1263100

Re: U.S. stocks in freefall

Purchased $10k of Total Stock Index and $5k of Total Bond Index around lunch time today, causing the afternoon slide. I must say, this being my first real correction with a significant (to me) stock allocation, it makes me question my true risk tolerance. Yeah, this is my first correction, too, and...
by letsgobobby
Thu Feb 08, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: What the 1987 crash looked like 5 minutes by 5 minutes
Replies: 9
Views: 1297

Re: What the 1987 crash looked like 5 minutes by 5 minutes

the local newspaper showing "Dow plunges 501 points" or whatever it was. Why does the media continue to speak in points instead of percentage change? I'm looking at the S&P 500 down > 600 points today and no one cares because it's about 2.5% but this evening we will probably hear in the news DOW PL...
by letsgobobby
Thu Feb 08, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: What the 1987 crash looked like 5 minutes by 5 minutes
Replies: 9
Views: 1297

Re: What the 1987 crash looked like 5 minutes by 5 minutes

I remember this day very well. My mom picked me up from football practice and we heard the closing report on the news on the drive home. I was only 13 but already very interested in the financial markets, thanks to my dad (we used to watch Wall Street Week with Louis Rukeyser every Friday night). I ...
by letsgobobby
Thu Feb 08, 2018 12:29 am
Forum: Personal Consumer Issues
Topic: Children extracurricular activities
Replies: 10
Views: 1448

Re: Children extracurricular activities

That has been offered at some places where my children have enrolled in activities. I have not gone for it because my kids interests might change before the 6 months or year is up, and then we'd probably be out the money. Or the place might go out of business. Too much risk for too little reward. I...
by letsgobobby
Wed Feb 07, 2018 8:50 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 104
Views: 7524

Re: Tips on Buying a Class-B RV

Agreed, I looked at a dually with 7000 lb of payload but passed because of width and handling. The modern SRWs have plenty of payload for a basic single slide TC. these TCs all have powered jacks so taking them off and on is pretty easy.
by letsgobobby
Wed Feb 07, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 104
Views: 7524

Re: Tips on Buying a Class-B RV

Definitely would consider a truck camper over a class B. Full ton SRW can hold almost 4000 lb of payload which allows for a good size TC. True 4WD in an $80k package vs these Class B for $50k more.
by letsgobobby
Wed Feb 07, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 104
Views: 7524

Re: Tips on Buying a Class-B RV

As Sandtrap and others have mentioned, B's usually have low clearance. No problem on roads, but my brother sold his after 6 months because it couldn't handle the back roads they like to use to get to their favorite camping spots. They were convinced after a trip last summer to Glacier and Banff and...
by letsgobobby
Tue Feb 06, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving HCOL state for financial reasons
Replies: 48
Views: 4841

Re: Leaving HCOL state for financial reasons

If you are otherwise very happy then moving purely for financial reasons is questionable. We moved because we also couldn't stand the traffic/crowds, not just in the city but trying to go anywhere for a weekend, to go hiking, to get a campground reservation, etc.
by letsgobobby
Tue Feb 06, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Picking a smaller local corporate trustee
Replies: 3
Views: 233

Re: Picking a smaller local corporate trustee

Good question, I’m not exactly sure how much of the tax prep is included. I’ll find out.
by letsgobobby
Tue Feb 06, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Considering solar on my home
Replies: 18
Views: 1570

Re: Considering solar on my home

If you need a new roof in 5 years, will the solar-company reinstall the panels? How expensive is that? They recommend you have ten years of usable life left on your roof before they install. My roof is a fifty year roof, installed ten years ago, and cleaned regularly, so it’s not an issue for us, b...
by letsgobobby
Tue Feb 06, 2018 1:00 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5590
Views: 1263100

Re: U.S. stocks in freefall

People need to stop wishing for a crash. At least out loud. Even if YOU don't get hurt, many people will. I've been thinking the exact same thing when I've been reading this thread for the past week. EXACTLY. Some of us are literally on the verge of retirement. Others are IN retirement. People like...
by letsgobobby
Tue Feb 06, 2018 12:44 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5590
Views: 1263100

Re: U.S. stocks in freefall

This was so very much overdo. Markets don't go up forever. I'll watch CNBC tonight for fun and watch all the clowns lie and say they told everyone to sell last week. This is a pretty broad sell off, I wonder if the market will ever recover to the highs in January 2018 in the next several years. I t...
by letsgobobby
Mon Feb 05, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Equanimity is what it's all about.
Replies: 22
Views: 1570

Re: Equanimity is what it's all about.

Wikipedia defines "equanimity" as "a state of psychological stability and composure which is undisturbed by experience of or exposure to emotions, pain, or other phenomena that may cause others to lose the balance of their mind." You will experience equanimity when your portfolio is evenly balanced...
by letsgobobby
Mon Feb 05, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 245
Views: 189271

Re: A time to EVALUATE your jitters

Ztx wrote:
Mon Feb 05, 2018 6:58 pm
oldzey wrote:
Mon Feb 05, 2018 3:34 pm
100% stocks anyone? 8-)
yep...and submitted another buy order today :)
How can you be 100% stocks and also submit a buy order? What are you buying with?
by letsgobobby
Mon Feb 05, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Considering solar on my home
Replies: 18
Views: 1570

Re: Considering solar on my home

Average electric usage: 35 kWh per month per day? (my solar system one state south of you produced 21.8 kWh just today and the day isn't over) Yes, sorry. Per day. Fixed that. That's pretty good Bobby! How many square feet of panels is that nowadays? update overall. Got bids for 3 companies and ult...