Search found 540 matches

by Sconie
Sun Nov 04, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Question on the 4% withdrawal rule
Replies: 66
Views: 4340

Re: Question on the 4% withdrawal rule

Well, according to very technical interpretation of the 4% "guideline," you would just stay with your annual, inflation adjusted, withdrawal and not recognize the extraordinary increase (or decrease) in your portfolio balance. That said, an alternative way to "work it" would be to do what qualified ...
by Sconie
Sun Oct 21, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Kitces link: The Spectrum of Financial Dependence and Independence
Replies: 30
Views: 3542

Re: Kitces link: The Spectrum of Financial Dependence and Independence

I don't agree that the levels defined are all distinct. Three of them are more about mindset than where you are on some spectrum. Author would have done better to bring down the number to more distinct levels that don't include mindset differences that can actually occur at different levels. So sor...
by Sconie
Wed Oct 10, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: Timber as an alternative - didn't work so well...
Replies: 34
Views: 5458

Re: Timber as an alternative - didn't work so well...

In a similar vein, for years, Jeremy Grantham at GMO was pushing both timber as the one of the only assets with a potentially good return future return. That said, just last year Grantham dumped-off GMOs timber holdings to The Rohatyn Group (TRG): https://www.businesswire.com/news/home/2017080400550...
by Sconie
Sun Sep 30, 2018 3:48 pm
Forum: Personal Consumer Issues
Topic: Health insurance in Canada for An American Visitor
Replies: 19
Views: 1314

Re: Health insurance in Canada for An American Visitor

For individuals covered by Medicare and carrying a supplemental policy, here is info directly from the Medicare.gov website: How Medicare works with other insurance Retiree insurance What's Medicare Supplement Insurance (Medigap)? Find a Medigap policy When can I buy Medigap? How to compare Medigap ...
by Sconie
Tue Sep 11, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: Advice on how to deal with barking dogs
Replies: 59
Views: 5269

Re: Advice on how to deal with barking dogs

snackdog wrote:
Mon Sep 10, 2018 12:17 pm
Shallowpockets wrote:
Mon Sep 10, 2018 8:35 am
...
I would expect very little when confronting the dog owners. Dog owners are some of the most oblivious, non caring, aggressive people in the world.
..
This seems a rather broad condemnation of a class of people. I sense an issue here.
Well said!
by Sconie
Thu Sep 06, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Yellowstone and Grand Teton must see and do
Replies: 22
Views: 1862

Re: Yellowstone and Grand Teton must see and do

Bubba's BBQ in Jackson Hole. ;-)
by Sconie
Tue Aug 28, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: Best ultra thin pocket knife?
Replies: 54
Views: 3596

Re: Best ultra thin pocket knife?

Another +1 for Leek
by Sconie
Wed Aug 22, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: GMO market forecast and returns for last 10 years compared
Replies: 2
Views: 471

Re: GMO market forecast and returns for last 10 years compared

Well, I found it interesting that the March 2017 analytical study, "Evaluation and Ranking of Market Forecasters," covering 6,627 market forecasts by 68 forecasters, placed Jeremy Grantham/GMO at just 42%.
by Sconie
Wed Aug 22, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance - again
Replies: 34
Views: 2799

Re: Umbrella insurance - again

$1MM from Geico for $208.
by Sconie
Mon Aug 20, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 99
Views: 5163

Re: Your major and investing/finance?

Economics here. Contrary to some of the earlier comments, I don't believe that knowledge of math/statistics----other than basic math----is necessarily all that important in terms of being a successful investor. Rather, I suspect that the famous Economist John Maynard Keynes may have "hit the nail on...
by Sconie
Sat Aug 18, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: Has Anyone Tried Youtube TV?
Replies: 55
Views: 6509

Re: Has Anyone Tried Youtube TV?

Last year we started-off streaming using Hulu, however, encountered frequent buffering and "freezing" problems----switched to YouTube TV and (with the exact same internet provider and speed) those problems went away. We are pleased with YT TV!
by Sconie
Fri Aug 17, 2018 2:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10531

Re: Vanguard predicts 10 year equity returns

Those must be nominal returns----and, IIRC, may be slightly more upbeat that what Vanguard was calling for back in December 2017 when their 2018 Investment Outlook was released. Thinking back to the start of the year, it was interesting to look-over the "Long Term Return Forecast" synopsis which Mor...
by Sconie
Sat Aug 11, 2018 6:49 am
Forum: Personal Consumer Issues
Topic: is it really a 501(C)(3) ?
Replies: 4
Views: 559

Re: is it really a 501(C)(3) ?

Why not also ask them for a copy of their most recent IRS form 990 (if they are really small, possibly 990-EZ)?
by Sconie
Fri Aug 03, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 110
Views: 5044

Re: Which diet soda pop do you enjoy?

Coke Zero.

And although not "sodas," as such, Minute Maid Light Lemonade and Diet Snapple Peach.
by Sconie
Mon Jul 30, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6826

Re: Retirees: how much cash?

Will be 70 this Fall; retired for six years. I am 70% stock, 25% CDs and 5% cash (savings accounts, MMs, etc.). The CD portion is in a 5 year CD ladder and I have been using that for the last couple of years, the same in lieu of bonds, bond mutual funds, etc.
by Sconie
Sat Jul 21, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Pension Lump Sum: Short-term bonds?
Replies: 37
Views: 2185

Re: Pension Lump Sum: Short-term bonds?

Well, the Fed is on record as indicating that they plan on continuing on with their path of increasing short-term interest rates-----and when short rates increase, short-term bonds DO NOT do well. Why don't you go with shorter CDs instead?? Good point. I actually neglected to mention that when the ...
by Sconie
Sat Jul 21, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Pension Lump Sum: Short-term bonds?
Replies: 37
Views: 2185

Re: Pension Lump Sum: Short-term bonds?

So, I'll park in these short-term bonds for a bit, and at some point, without obsessively trying to time the bottom, I'll shift back to what my normal conservative position was--that being just a few funds to reflect the US and international stock market and bond market, and just yearly rebalance b...
by Sconie
Sat Jul 21, 2018 8:23 am
Forum: Investing - Theory, News & General
Topic: Rethinking bond fund
Replies: 13
Views: 1218

Re: Rethinking bond fund

OP, FWIW, I have some of the exact same thoughts and concerns that you do......
by Sconie
Tue Feb 13, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: From Capital One Money Market to Vanguard?
Replies: 3
Views: 555

Re: From Capital One Money Market to Vanguard?

Vanguard is "okay," however, if you'll search a bit, I'd bet that you'll be able to find somewhat higher/better rates with alternative financial institutions.
by Sconie
Sun Feb 11, 2018 8:01 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 118
Views: 11219

Re: How does one emotionally keep it together during market swings?

FWIW, the more of these "downs" that you live through----the more experience and education you obtain----the easier it becomes. I distinctly recall the dread I felt back in 1973/74 and then, again, in 1987. However, as future negative "swings" occurred, I was able to live through each and every one ...
by Sconie
Sun Oct 08, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: How Often Should I Have Chimney Cleaned (New England)?
Replies: 17
Views: 2137

Re: How Often Should I Have Chimney Cleaned (New England)?

If you're only burning 15x a year, I'd get it cleaned about once every couple of decades. Most creosote gets built up in a flue from a stove, especially one dampered-down and burning softwood. With an open fireplace, I just don't see where you have all that much to be concerned about.
by Sconie
Thu Oct 05, 2017 5:44 am
Forum: Investing - Help with Personal Investments
Topic: Retiree looking for advice
Replies: 6
Views: 1333

Re: Retiree looking for advice

50/50 is fine----whatever is comfortable for you. If you retained Vanguard asset management too handle the money for you, they'd put it to "work" all at once.
by Sconie
Wed Oct 04, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 7793

Re: Does anyone hold cash?

I'm 68 and retired 5 years-----80% equity and 20% cash. I think of cash as equivalent to a very, very short term bond----however, in comparison to a bond, cash has much greater optionality.
by Sconie
Wed Oct 04, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: Simple Notebook/laptop
Replies: 58
Views: 4391

Re: Simple Notebook/laptop

Chromebook!
by Sconie
Sat Sep 09, 2017 4:43 am
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 4705

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

I remember getting involved in a very similar type deal back in the early 1980s, only the property was in San Antonio and the guaranteed return was 15%. I rec'd the 15% for about 4 or 5 years, then the managing partner stopped paying, citing cash flow issues. Eventually, the property/deal went bankr...
by Sconie
Wed Aug 30, 2017 7:14 am
Forum: Personal Consumer Issues
Topic: Best lubricant for exterior door locks
Replies: 27
Views: 5602

Re: Best lubricant for exterior door locks

I have had excellent results with DuPont-Teflon-Non-Stick-Dry-Film-Lubricant, which is available from Amazon, etc.

It was recommended by the big commercial door/pad lock company, Best Locks, as being superior to powdered graphite, etc.
by Sconie
Tue Aug 22, 2017 5:45 am
Forum: Investing - Theory, News & General
Topic: Unrated municipal bonds
Replies: 25
Views: 3349

Re: Unrated municipal bonds

I've made some good money over the years purchasing small municipal issues. A few thoughts, in no particular order.... -Little communities pay their bills just like large ones do----(sometimes better)-----but frequently their issuances is so small that it doesn't pay for them to get the issue rated ...
by Sconie
Thu Jul 06, 2017 8:40 am
Forum: Personal Consumer Issues
Topic: Better hurry if you want a gas-engine Volvo
Replies: 96
Views: 7936

Re: Better hurry if you want a gas-engine Volvo

Everything will be electric or hybrid in a couple of years? IMHO, probably not. Electric vehicles are more expensive, they are heavier, they do not work well in cold weather, not to mention the fact that there is not the infrastructure in place to support their "refueling." I suspect that gasoline-p...
by Sconie
Sun May 07, 2017 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Buying vacation home
Replies: 29
Views: 4748

Re: Buying vacation home

In my experience, most people who rent out their vacation home regret doing so. In that regard, you might want to check with people---especially people in the immediate geographic area where you are considering buying----regarding their experiences.
by Sconie
Thu May 04, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: Would you exchange a 2001 4Runner for a 2007 Santa Fe?
Replies: 33
Views: 2962

Re: Would you exchange a 2001 4Runner for a 2007 Santa Fe?

We've now had seven (presently own #s 6 & & 7, a 2011 and a 2015) 4Runners, including---a number of years back---a third generation 2002. That said, we did get rid of the 2002----we had bought it new and sold it when it hit 330K miles----figuring it was about time for an upgrade. :beer Keep the 4ru...
by Sconie
Thu May 04, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 133
Views: 28300

Re: Bill Sharpe's preferred portfolio

Thanks OP!
by Sconie
Mon May 01, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: Would you exchange a 2001 4Runner for a 2007 Santa Fe?
Replies: 33
Views: 2962

Re: Would you exchange a 2001 4Runner for a 2007 Santa Fe?

We've now had seven (presently own #s 6 & & 7, a 2011 and a 2015) 4Runners, including---a number of years back---a third generation 2002. That said, we did get rid of the 2002----we had bought it new and sold it when it hit 330K miles----figuring it was about time for an upgrade. :beer
by Sconie
Sun Apr 30, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: Administration Professionals Day
Replies: 17
Views: 2210

Re: Administration Professionals Day

Lest I be a cynic, it's just another "made-up day" compliments of the 'restaurant----greeting card----florist----gift cabal.' If you have an administrative assistant, I'd be interested to see how they would react to this comment. I'm retired now, but I did have one----and I also paid her almost $10...
by Sconie
Sat Apr 29, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: 5 year cd - to open or not
Replies: 21
Views: 2921

Re: 5 year cd - to open or not

5yr CDs are fine, but why not ladder it, investing over the next year or so?
by Sconie
Mon Apr 24, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Administration Professionals Day
Replies: 17
Views: 2210

Re: Administration Professionals Day

Lest I be a cynic, it's just another "made-up day" compliments of the 'restaurant----greeting card----florist----gift cabal.'
by Sconie
Fri Apr 21, 2017 5:51 pm
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 85
Views: 12173

Re: Removing a tree - expensive!!!

It is not required to actually remove the stump, so we won't do that. Stump removal would be an ADDITIONAL $650. Well, just from the cost of stump removal, I'd say that the guy quoting you is high priced. $650 to remove a trunk?! I'd say that the average cost for stump removal is about $2.50-$3.00 ...
by Sconie
Thu Apr 20, 2017 6:15 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 50860

Re: Larry Swedroe says "Goodby."

Good wishes----and thank you-----Squire Swedroe!
by Sconie
Wed Apr 19, 2017 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Allocation
Replies: 8
Views: 1799

Re: Retirement Allocation

I use the four fund portfolio----similar to the Vanguard three fund, however, with the addition of Int'l bonds:

https://www.bogleheads.org/wiki/Vanguar ... _portfolio
by Sconie
Sun Apr 16, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: Ben Carlson Drawdown Chart
Replies: 18
Views: 5136

Re: Ben Carlson Drawdown Chart

JP Morgan has a similar chart they update every year that I also like Yes, this is a much better representation. It appears that this chart is regularly updated. Mind sharing the Web page where you found it? It's not a webpage, unfortunately. Every year they publish the "J.P. Morgan Guide to Market...
by Sconie
Sat Apr 08, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 122
Views: 18121

Re: High Income earners, whats your Tax Strategy?

My tax strategy basically boils down to "suck it up buttercup, and be grateful that you have a high salary and a relatively low tax burden as compared to almost all other rich countries". :) You also picked one of the top 5 most expensive states in terms of taxes in the US (NY, NJ, CT, CA, WY.) Som...
by Sconie
Sun Apr 02, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: In-N-Out Burger - Best Chain Fast Food Burger Joint?
Replies: 157
Views: 24363

Re: In-N-Out Burger - Best Chain Fast Food Burger Joint?

Here in Tucson we have In-N'-Out, Whataburger, 5 Guys and Freddy's. I'd say the tastiest burger comes from Freddy's. YMMV....
by Sconie
Thu Mar 30, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance (LTCI): Too Expensive or Worth the Cost?
Replies: 35
Views: 5768

Re: Long Term Care Insurance (LTCI): Too Expensive or Worth the Cost?

This article may be of help:

http://www.caniretireyet.com/long-term- ... les-pitch/

Also, see the "Related Posts" articles at the bottom of the page.
by Sconie
Wed Mar 29, 2017 7:14 pm
Forum: Personal Consumer Issues
Topic: BEHR Premium Deckover
Replies: 12
Views: 3590

Re: BEHR Premium Deckover

Doesn't surprise me-----Behr's 100% acrylic products are superb on vertical surfaces like siding, but don't hold-up on horizontal surfaces. FWIW, the best product I've found for decks is PPG's Ultra Advanced semi-transparent stain and sealant.
by Sconie
Tue Mar 21, 2017 5:51 pm
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 71
Views: 14389

Re: A SUV for towing a Travel Trailer

+1 for the 4Runner. They're built like a tank-----and the resale value on them is incredible:

http://www.autoguide.com/auto-news/2017 ... -2017.html
by Sconie
Thu Mar 16, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: Astrid Menks Buffett's Asset Allocation
Replies: 7
Views: 1361

Re: Astrid Menks Buffett's Asset Allocation

Well, a few years back Buffett gave each of his 3 children $600 million in BH stock----and that is, of course, exclusive of all the money that has been placed into the Buffett Family foundation. Not that she in any way will ever be deprived, however, I would suspect that Astrid will likely come into...
by Sconie
Tue Mar 14, 2017 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 185
Views: 35997

Re: GEICO auto rates vs. USAA: too good to be true?

I had used USAA for insurance for decades but finally got to the point of pulling away from them. Simply, USAA is not the same company that they used to be.

Presently with Geico for auto & umbrella and Ameriprise via Costco for homeowners insurance. So far, so good.
by Sconie
Mon Mar 13, 2017 8:15 pm
Forum: Investing - Theory, News & General
Topic: What makes an individual an Expert?
Replies: 62
Views: 4964

Re: What makes an individual an Expert?

epictetus wrote:a definition i heard once and liked:

someone from out of town with a degree
And another variation:

"Having a brief case and being 30 miles out of town."
by Sconie
Sun Feb 26, 2017 8:22 pm
Forum: Personal Consumer Issues
Topic: Used German Luxury vs New Japanese
Replies: 89
Views: 12364

Re: Used German Luxury vs New Japanese

The reliability of a Japanese vehicle (i.e., Toyota or Honda----not necessarily Nissan) is far superior to that of either a Benz or a BMW. Add 50K miles onto the German car and to me---in spades----it indicates, buy Japanese.