Search found 20 matches

by hayesfj
Sat Nov 21, 2020 8:11 pm
Forum: Personal Investments
Topic: To take out mortgage or buy house outright?
Replies: 52
Views: 3406

Re: To take out mortgage or buy house outright?

Congratulations on achieving Tenure and on your aggressive savings goals. This is not the question you asked, but it may be something to take into consideration. Is buying a house consistent with your long term financial security, or would you be better of continuing to rent? What needs to be true f...
by hayesfj
Tue Nov 10, 2020 4:28 pm
Forum: Personal Consumer Issues
Topic: Found hidden safe, should we crack?
Replies: 353
Views: 97930

Re: Found hidden safe, should we crack?

I am picturing a safe with a single wheel of numbers like my old high school locker combination lock in which there was both a number component and a direction of spin, e.g. R20, L42, R17. So wouldn't the number of possible combinations be even higher? I am also curious as to how the OP knows that i...
by hayesfj
Fri Oct 23, 2020 4:41 pm
Forum: Personal Consumer Issues
Topic: Heating smaller 1-car Detached Garage
Replies: 27
Views: 1921

Re: Heating smaller 1-car Detached Garage

You may get a better response from this Do It Yourself chatroom. I have found them to be very helpful. https://www.diychatroom.com The more information you provide, the better the response. Are you in Minnesota or Kansas. Do you want the inside temperature to be 50 or 75 when it is 25 outside? What ...
by hayesfj
Fri Oct 23, 2020 11:08 am
Forum: Personal Consumer Issues
Topic: Home Office Furniture
Replies: 15
Views: 989

Re: Home Office Furniture

I am writing this sitting in a Herman Miller Aeron chair I purchased in 2000 and have used daily. I had to replace the casters once, but other than that it looks brand new. I thought it was expensive when I purchased it, but it was worth every penny.
by hayesfj
Sat Sep 26, 2020 6:41 pm
Forum: Personal Consumer Issues
Topic: Cheapest place to get subscription to Wall Street Journal
Replies: 36
Views: 3843

Re: Cheapest place to get subscription to Wall Street Journal

I tried the eBay route. Some guy in Europe sent me a User ID and Password and told me not to change anything. I have a strong suspicion that he is selling the same ID to many people. I don't know if that is within the WSJ acceptable use policy, but it seems sketchy to me. In addition, I already had ...
by hayesfj
Sun Sep 13, 2020 11:21 am
Forum: Personal Consumer Issues
Topic: [Question regarding password security]
Replies: 101
Views: 3387

Re: Security question on one's passwords

1. Use LastPass or other Password manager. I have used the free version of LastPass for a couple of years and like it very much. LastPass will generate a very complicated password for each site if you like and keep track of it for you. Use a phrase with Upper and Lower Case letters, numbers, and spe...
by hayesfj
Thu Sep 10, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: "Stock-picking" bonds?
Replies: 27
Views: 1400

Re: "Stock-picking" bonds?

CorporateFinGuy, I spent most of my career in Corporate Finance at a large company, and then later at a small company, both in the Chemical industry. Corporate Finance is a very broad area so your choice might be influenced by which area of finance you find the most interesting. If you are intereste...
by hayesfj
Sun Sep 06, 2020 8:05 am
Forum: Personal Investments
Topic: Help calculate CAGR
Replies: 44
Views: 1988

Re: Help calculate CAGR

I think you might want to use the excel XIRR function instead of CAGR. Put the date of each contribution in Col A and the amount invested in Col B as a negative number. Do this for every investment date, so if you invested monthly for 20 years, you would have 240 rows of data. In the 241st row, put ...
by hayesfj
Wed Sep 02, 2020 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: College financial advice for undecided rising high school senior
Replies: 71
Views: 3929

Re: College financial advice for undecided rising high school senior

Your daughter's resume is very impressive and clearly she has a great deal of support from her parents. A couple of other things to consider: - The first two years are mostly general education classes. It won't be until Junior and Senior year that specialization kicks in. A large percentage of kids ...
by hayesfj
Fri Aug 21, 2020 9:24 am
Forum: Personal Investments
Topic: Taxable about to become a much larger part of our overall portfolio
Replies: 5
Views: 656

Re: Taxable about to become a much larger part of our overall portfolio

Depending on your Adjusted Gross Income (AGI) and how long you have held your shares, dividends from stocks in your taxable account could see favorable tax treatment as Qualified vs Ordinary dividends. The link below shows the % of the dividend eligible for Qualified treatment for Vanguard ETF's. As...
by hayesfj
Tue Jul 28, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Ask for more? [pay raise with promotion]
Replies: 19
Views: 1965

Re: Ask for more?

It would be very difficult to gauge the "love" in this 8% raise without knowing a lot more about the company, its pay increase policies, and any other factors that might have gone into it. As a long time manager in a big company, the pay progression we used was very tightly controlled. Per...
by hayesfj
Wed Jul 08, 2020 10:18 am
Forum: Personal Investments
Topic: Business Valuation and Retirement
Replies: 31
Views: 1652

Re: Business Valuation and Retirement

Most of this thread has focused on EBITDA multiples as the primary valuation methodology. I would suggest that you also construct a forward looking Discounted Cash Flow (DCF) model that takes into account not only the sales, costs, and earnings, but also the changes in Balance Sheet items (Accounts ...
by hayesfj
Thu Jul 02, 2020 7:45 am
Forum: Investing - Theory, News & General
Topic: Wellington and Wellesley hold zero stocks in the "materials" sector?
Replies: 12
Views: 1792

Re: Wellington and Wellesley hold zero stocks in the "materials" sector?

I was bothered by the comments that this was probably random given that there were only 28 Materials Sector Stocks out of the 505 in the S&P 500, so I took a look at the math. I did have to dig out a stat book, so there is always the chance I am wrong. As a simplified example, the math is the sa...
by hayesfj
Wed Jul 01, 2020 4:33 pm
Forum: Personal Consumer Issues
Topic: Lithium Ion Battery for Golf Cart
Replies: 8
Views: 640

Lithium Ion Battery for Golf Cart

My wife and I are newly retired to a Bay community in Texas. We are thinking about buying a Golf Cart to go down to the bay to fish and to go "into town" for lunch or happy hour. Daily mileage would certainly be less than 18 holes of golf and all on paved roads and flat terrain. We are lea...
by hayesfj
Wed Jun 10, 2020 11:03 am
Forum: Personal Consumer Issues
Topic: New construction house - what to consider?
Replies: 161
Views: 10720

Re: New construction house - what to consider?

I would like to have a water and gas shut off inside the garage. We are Winter Texans and I hate to think of a water leak while we were gone. I would want the shutoff after the lawn sprinkler feed so that it could still operate. We just remodeled the bath and should have gone with one sink in the ma...
by hayesfj
Wed Feb 19, 2014 8:26 pm
Forum: Personal Investments
Topic: Inherited Variable Annuity Choices - Hartford
Replies: 5
Views: 1929

Re: Inherited Variable Annuity Choices - Hartford

Just a follow up and thank you to those who replied. This is a inherited, non-spousal, non-qualified annuity with a cost basis of approximately 50% of the overall value. I have learned more after phone calls to Hartford and Vanguard. Options 4 and 5 turned out to be using the proceeds to purchase a ...
by hayesfj
Tue Feb 18, 2014 8:29 pm
Forum: Personal Investments
Topic: Inherited Variable Annuity Choices - Hartford
Replies: 5
Views: 1929

Inherited Variable Annuity Choices - Hartford

My Mother-In-Law passed and left a number of variable annuities to her children. I have no experience with these and need some advice. The first annuity we received was from Hartford. Some of the distribution choices were pretty clear, but the others I did not recognize. The choices were: 1) Lump Su...
by hayesfj
Sat Feb 27, 2010 3:41 pm
Forum: Personal Investments
Topic: Portfolio Balance - Fixed Income investment
Replies: 5
Views: 1856

Portfolio Balance - Fixed Income investment

I am 50 years old, married, and can retire with a pension equal to about a third of my salary at 58. My portfolio asset split is: 23% US Large Cap, 19% Intl Large Cap, 18% Fixed Income, 12% REITS, 7% US Small Caps, 6% Emerging Markets, 6% Cash, 4% US Mid Cap, 2% Wellsley Income, 2% Cash on the sidel...
by hayesfj
Sat Dec 26, 2009 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Where does a pension fit in my asset allocation?
Replies: 17
Views: 8953

Where does a pension fit in my asset allocation?

If I was a sixty year old man, one could argue that I should have 60% of my portfolio in fixed income. If I have a pension that will pay me a fixed amount monthly for the rest of my life, should I treat this as part of my fixed income portfolio and percentage. For example, if my pension pays me $3,0...
by hayesfj
Sat Dec 26, 2009 9:49 am
Forum: Personal Investments
Topic: Does a Preferred Stock ETF belong in my portfolio?
Replies: 3
Views: 1386

Does a Preferred Stock ETF belong in my portfolio?

The iShares Preferred Stock ETF (PFF) currently has a yield in excess of 8%. Where does an investment like this fit in a portfolio? How would an increase in interest rates effect the price of the ETF? In terms of asset allocation, would I consider this to be more like a stock, or more like a bond? T...