Search found 1668 matches

by Abe
Sat Jan 20, 2018 6:09 pm
Forum: Personal Consumer Issues
Topic: cheaper shipping/postage?
Replies: 6
Views: 287

Re: cheaper shipping/postage?

Nyc10036 wrote:
Sat Jan 20, 2018 5:53 pm
My package was 1 lb 14.9 ounces

I don't think a bathroom scale will cut it in terms of granularity.
My wife sells on Ebay and does a lot of shipping. She uses a set of kitchen scales. I see them all the time at flea markets for around $10.
by Abe
Fri Jan 12, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: 4% Withdrawal vs Yield as Income
Replies: 41
Views: 2161

Re: 4% Withdrawal vs Yield as Income

I understand that many say this approach is misguided and that dividends are pretty much irrelevant and that I can sell bits of stock to make my own dividends. In reality, that is very difficult if you have a large portfolio. Deciding exactly when and what to sell many times per year involves a lot...
by Abe
Thu Jan 11, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Question about My Cost Basis
Replies: 3
Views: 195

Re: Question about My Cost Basis

delamer wrote:
Thu Jan 11, 2018 4:38 pm
That will do it, assuming that you also have not withdrawn any shares since your initial purchase.
Okay, no I have not withdrawn any shares. Thank you very much.
by Abe
Thu Jan 11, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Question about My Cost Basis
Replies: 3
Views: 195

Question about My Cost Basis

I hold shares in a mutual fund called Muhlenkamp Fund MUHLX. I want to sell all my shares in Muhlenkamp, but first I need to determine my cost basis. I called Muhlenkamp, but they were not very much help. I invested $12k originally in 2005, and I have not invested anymore except for reinvestment of ...
by Abe
Fri Jan 05, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Goodbye Capital One 360!!
Replies: 56
Views: 8031

Re: Goodbye Capital One 360!!

Vanguard Municipal Money Market Fund VMSXX is at 1.39%

Vanguard Prime Money Market Fund VMMXX is at 1.38%
by Abe
Sat Dec 30, 2017 3:05 pm
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 9245

Re: I Want to Buy a Horrible, Expensive Car

Horrible god-awful reliability ratings. A nice set of super-duty offroad features that I'll likely never use. Great interior. Far-less-than-German handling and performance. Good looks. A brand image that ranges from David Attenborough in Africa, to pimped out douche mobiles for soccer players who a...
by Abe
Sat Dec 30, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: How did you guys do in 1966 - 1980?
Replies: 27
Views: 1836

Re: How did you guys do in 1966 - 1980?

I held a few stocks during that period. After several years of very low returns, I finally gave up and sold most of them just when the the stock market started going back up. Had I held on to them I would be much richer now. Once again my son kenna learns a new lesson. :oops:
by Abe
Sat Dec 30, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: 4000% gain utility stock possible?
Replies: 12
Views: 1097

Re: 4000% gain utility stock possible?

That's 14.64% per year. I guess it is possible. I don't know how you would verify it though unless you know the name of the stock.
by Abe
Sat Dec 30, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Private personal loan - flat one time fee?
Replies: 15
Views: 1117

Re: Private personal loan - flat one time fee?

This is basically a loan with deferred interest and a balloon payment, no? I'm not sure if those were real numbers or just examples, but your friend may want to also look into whether he can use a credit card cash advance coupled with an introductory offer of 0% interest for the first year, or some...
by Abe
Fri Dec 29, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Private personal loan - flat one time fee?
Replies: 15
Views: 1117

Re: Private personal loan - flat one time fee?

TASK, One resource to what I was referring to above can be found here: http://www.loanback.com/category/usury-laws-by-state/ You could come up with the best promissory note language out there only to find out it is unenforceable since you broke a state law in the process by charging what your state...
by Abe
Fri Dec 22, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8495

Re: Interesting ride so far - Crypto-curriencies

Last month I also took a position in IBM as they are going all in with blockchain technology and they pay a nice dividend so I saw that I as play that worked well with the rest of portfolio but also touched upon the blockchain. I have owned IBM stock since 1968. Maybe blockchain technology (whateve...
by Abe
Thu Dec 21, 2017 2:55 pm
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 85
Views: 10814

Re: Uber vs Ambulance - HUGE cost difference

I regard going to a Hospital ER as a tortuous experience for anything other than life or death situations. Why anyone would go there when other choices are available is completely beyond my comprehension. I live in a rural depressed economy area. The emergency room at a local hospital is always ful...
by Abe
Wed Dec 20, 2017 5:44 pm
Forum: Investing - Theory, News & General
Topic: Geometric Average vs. Arithmetic Average
Replies: 92
Views: 4837

Re: Geometric Average vs. Arithmetic Average

Lot of smart people here. I didn't get very far in algebra. Thats why I use a financial calculator. This is the way I do it. If I invest $1.00 and get these returns per year 1.3 x .80 x 1.3 x .80 x 1.3 x .80, I will have $1.125 dollars at the end of 6 years. So using a financial calculator (Texas I...
by Abe
Wed Dec 20, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Geometric Average vs. Arithmetic Average
Replies: 92
Views: 4837

Re: Geometric Average vs. Arithmetic Average

Lot of smart people here. I didn't get very far in algebra. Thats why I use a financial calculator. This is the way I do it. If I invest $1.00 and get these returns per year 1.3 x .80 x 1.3 x .80 x 1.3 x .80, I will have $1.125 dollars at the end of 6 years. So using a financial calculator (Texas In...
by Abe
Tue Dec 19, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Amortization Tools
Replies: 5
Views: 496

Re: Mortgage Amortization Tools

How does it work? I can't get it to accept inputs.
by Abe
Tue Dec 19, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Amortization Tools
Replies: 5
Views: 496

Re: Mortgage Amortization Tools

I use Tvalue amortization software, but it cost about $150.
by Abe
Mon Dec 18, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: I just talked myself out of a very fun mistake...
Replies: 15
Views: 1730

Re: I just talked myself out of a very fun mistake...

What is it that you want to know? Do you want to know if you can afford it? If so, you need to post more details about your financial situation.
by Abe
Sat Dec 16, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Why am I still scared ? Is it actually normal ?
Replies: 81
Views: 13464

Re: Why am I still scared ? Is it actually normal ?

“Life is just one damn thing after another.” :beer
by Abe
Thu Dec 14, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 14228

Re: Just not getting it

When I was in grade school, all the boys played marbles during recess. We played for keeps meaning you got to keep all the marbles you won. I was not a good marble shooter, but some of the kids were very skillful and they always had a pocket full of marbles. One day I saw this kid with a tin can wit...
by Abe
Sat Dec 09, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 14228

Re: Just not getting it

The trends you seen in amazon and all of these other companies are seen by everyone else and priced into the stock. Why do you think Tesla has such a huge market cap compared to established auto makers when it has a tiny fraction of the output? Its already priced at a level that assumes electric ca...
by Abe
Sat Dec 09, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 186
Views: 15746

Re: Save all this money, what do you splurge on?

Oh...I gave my barber a $3 tip for Christmas. :happy
by Abe
Sat Dec 09, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 186
Views: 15746

Re: Save all this money, what do you splurge on?

runner3081 wrote:
Sat Dec 09, 2017 12:16 am
I find it funny that people think that you have to spend money to "live a little."

We are happy with what we have.
I agree. I enjoy not having to worry about paying the bills.
by Abe
Thu Dec 07, 2017 2:29 pm
Forum: Investing - Theory, News & General
Topic: Did Capital One 360 Savings raise rates?
Replies: 31
Views: 4002

Re: Did Capital One 360 Savings raise rates?

nisiprius wrote:
Thu Dec 07, 2017 2:14 pm
Also, I see that it is saying that my Capital One 360 Money Market is now earning 1.30%, think it just changed from 1%.
Yes, my Capital One 360 Money Market is showing the same 1.30%. It was paying 1% previously. My online savings account is still showing .75%.
by Abe
Mon Dec 04, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend money
Replies: 12
Views: 1054

Re: Learning how to spend money

Why do you feel you need to spend more? Will spending more provide you with more happiness? Maybe still living the frugal lifestyle you've grown accustomed to makes you happier, and you can "spend" more buy giving more. Just a different perspective/ thinking about it a different way. This is a very...
by Abe
Sat Dec 02, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6946

Re: How to convince DW that high miles used car is OK

I had the same problem. We had an older Toyota Camry with 169k miles on it. It was fine with me, but the wife was not comfortable driving it long distances. I broke down and bought a new Toyota Camry. It cost $20k and it made her happy.
by Abe
Sat Dec 02, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 10053

Re: Which crash have you seen it before it is coming?

I wouldn't say I saw a crash coming, but I knew there was something bad happening prior to 2008 with the housing bubble and banks making home loans to anyone who walked in the door.
It turned out that it was worse than I ever imagined. I didn't do anything. I just rode it out. Now I'm glad I did.
by Abe
Fri Dec 01, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10869

Re: Price of haircut?

I pay $12.00 in a LCOL area. No tip. Get haircut about every 2 months. Old school barber shop. I try to avoid places that have the word "styling" in their name. I have never found a woman barber that knew how to taper hair and very few men barbers now days. My barber cuts my hair with clippers and t...
by Abe
Sat Nov 25, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 290
Views: 25924

Re: Anyone tired of the stock market going up?

It's better than the alternative. Be like Rip Van Winkle. Go to sleep for 20 years, and when you wake up you should be very happy. :happy
by Abe
Fri Nov 24, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Note Buying
Replies: 12
Views: 2374

Re: Mortgage Note Buying

In the past I have posted on this forum about my experience buying mortgages at discount. I thought there might be some interest in it, but for the most part there is not. Most Bogleheads are not interested in anything except traditional types of investments like stocks, bonds, CD's or maybe rental ...
by Abe
Wed Nov 22, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Note Buying
Replies: 12
Views: 2374

Re: Mortgage Note Buying

Yes, I have invested in mortgage notes for many years. I'm not actively buying paper now, but I still have a few mortgages that I receive payments on. It can be very lucrative. At one time my average yield was around 24%. Those days are over now. I started out reading Jimmy Napiers book titled "Inve...
by Abe
Fri Nov 17, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: A Friend Asked Me - Ponzi or Not? [1st position commercial mortgage notes]
Replies: 34
Views: 5938

Re: A Friend Asked Me - Ponzi or Not? [1st position commercial mortgage notes]

I have invested in mortgage notes for many years. You have to do your due diligence when buying notes. I buy directly from the mortgage holders. There are many details that you need to be aware of when buying paper. One is that you need to know the investment to value ratio. One rule of thumb I go b...
by Abe
Fri Nov 03, 2017 4:19 pm
Forum: Personal Consumer Issues
Topic: Carmax, Junk Yard, Auction?
Replies: 17
Views: 1666

Re: Carmax, Junk Yard, Auction?

They charge $575 to tell you they will charge you another $3,265.
Used to be the only time I got a diagnosis was when I went to the doctor. Now everybody wants to give me a diagnosis. :(
by Abe
Thu Nov 02, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Holding a mortgage for someone else - options?
Replies: 35
Views: 2499

Re: Holding a mortgage for someone else - options?

I am not a lawyer, so take this from a layman's perspective. From your post, I assume you will be making a loan to a family member secured by a mobile home. Will the family member be renting the lot in the mobile home park? If so the mobile home would not be considered Real Estate, so the ownership...
by Abe
Thu Nov 02, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Holding a mortgage for someone else - options?
Replies: 35
Views: 2499

Re: Holding a mortgage for someone else - options?

I am not a lawyer, so take this from a layman's perspective. From your post, I assume you will be making a loan to a family member secured by a mobile home. Will the family member be renting the lot in the mobile home park? If so the mobile home would not be considered Real Estate, so the ownership ...
by Abe
Thu Nov 02, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: I'm fairly young but done with saving money
Replies: 75
Views: 9865

Re: I'm fairly young but done with saving money

I've been saving so long that I just do it by force of habit I guess. I wouldn't say it's dangerous to stop saving, but It would be very hard for me to stop even if I wanted to. I know there are a lot of people who don't think the way I do. Still, if I were the OP, I would not stop saving until I at...
by Abe
Wed Nov 01, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: I'm fairly young but done with saving money
Replies: 75
Views: 9865

Re: I'm fairly young but done with saving money

This seems to be the 3rd recent topic where somebody who has seen the 2 commas and considering calling it quits. Should we tell them that when you used to think about million in the past, now you need to think about ten millions instead. Eight digits is the new million today :) Well, I think eight ...
by Abe
Wed Nov 01, 2017 5:11 pm
Forum: Personal Consumer Issues
Topic: Worry About Home Title Fraud?
Replies: 23
Views: 2226

Re: Worry About Home Title Fraud?

Most people get title insurance when they buy their home. The title policy is good as long as they own the home. I think the title policy would cover this.
by Abe
Wed Nov 01, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: I'm fairly young but done with saving money
Replies: 75
Views: 9865

Re: I'm fairly young but done with saving money

DaftInvestor wrote:
Wed Nov 01, 2017 6:04 am
Kids college?
It doesn't have to be all or nothing - why isn't saving 10 to 15% of you pretax salary an option?
I agree. I would save at least 10%.
by Abe
Thu Oct 26, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: Medicare Supplement Plan F or Plan F High Deductible
Replies: 14
Views: 1367

Re: Medicare Supplement Plan F or Plan F High Deductible

So, putting aside the $183 for a moment, if you pay up to $2200 out of pocket, then you would pay up to $11K in total medical billing ($11K * 20% = $2200). So, you pay $2200 and the Plan pays $8800 (worst case scenario). Is that correct? That is correct for Part B charges, but not Part A. You reall...
by Abe
Wed Oct 25, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Medicare Supplement Plan F or Plan F High Deductible
Replies: 14
Views: 1367

Re: Medicare Supplement Plan F or Plan F High Deductible

Under Plan F High Deductible, what will get applied to the $2,200 deductible? Will it be the Amount Charged (by the doctor), or the Medicare Allowed Amount? In other words, before I reach the $2,200 deductible, will I have to pay the doctor whatever they charge? For example, recently the dermatolog...
by Abe
Tue Oct 24, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 12121

Re: Converting to Safety Razors

I started shaving in the late 50's with a safety razor. Somewhere along the line, I converted to cartridge razors and aerosol canned shaving cream. Then a few years ago, I jumped back on to the wet shaving craze. I have tried several of the Merkur double edge razors as well as vintage Gillette razor...
by Abe
Mon Oct 23, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Medicare Supplement Plan F or Plan F High Deductible
Replies: 14
Views: 1367

Re: Medicare Supplement Plan F or Plan F High Deductible

I have the plan F high deductible for myself, premium $45.50 per month. I am thinking seriously about converting my wife from her current Advantage plan, which will be discontinued in 2018, to Plan F high deductible January 1st. Plan F high deductible is good for people who don't foresee a lot of me...
by Abe
Fri Oct 20, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 219
Views: 169935

Re: A time to EVALUATE your jitters

Things looked pretty grim when nisiprius first posted this. Out of courisity, I went to the S&P 500 return calculator to see what the return has been since he posted this in August 2011. The S&P 500 has had an annualized return of 15.26% with dividends reinvested.
by Abe
Tue Oct 17, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: Question about Medigap Insurance
Replies: 5
Views: 759

Re: Question about Medigap Insurance

OP here. I had hoped to get a few more replies to my post, but it is what it is. Thank you dm200 and Spirit Rider for your replies. I think I'll go with the Plan F high deductible for her and hope for the best. Thanks again.
by Abe
Mon Oct 16, 2017 3:18 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 157
Views: 13411

Re: How does everyone keep track of your portfolio?

I have a lot of different accounts, and it's a very time consuming to update the changing number of shares and prices. I use a spread sheet and it crunches the numbers, but it still takes a lot of time to gather the information and enter it. For that reason, I don't update it very often. I would ver...
by Abe
Mon Oct 16, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Question about Medigap Insurance
Replies: 5
Views: 759

Re: Question about Medigap Insurance

My wife has had a medicare advantage plan since age 65. She is 77 now and Blue Cross Blue Shield will no longer offer her Advantage plan after December 31, 2017. Would or could she consider another Medicare Advantage Plan? I think we would rather just go with a medigap (supplemental) plan at this p...
by Abe
Mon Oct 16, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Question about Medigap Insurance
Replies: 5
Views: 759

Re: Question about Medigap Insurance

Okay. Thanks Spirit Rider for your feedback.
by Abe
Mon Oct 16, 2017 10:28 am
Forum: Personal Consumer Issues
Topic: Question about Medigap Insurance
Replies: 5
Views: 759

Question about Medigap Insurance

My wife has had a medicare advantage plan since age 65. She is 77 now and Blue Cross Blue Shield will no longer offer her Advantage plan after December 31, 2017. She will be replacing her Advantage plan with a Medigap policy and they cannot turn her down for certain limited plans if she buys it by M...