Search found 890 matches

by Sconie
Mon Jun 29, 2020 5:57 pm
Forum: Personal Consumer Issues
Topic: Smell from kitchen sink?
Replies: 24
Views: 1762

Re: Smell from kitchen sink?

In my experience, it is helpful to let the water continue to run into the disposer for somewhere between a half and a full minute after turning-off the unit. This will help to wash and/or clean-out the disposer unit, while flushing food particles out of the unit and past the "p" trap. Occasionally, ...
by Sconie
Sat Jun 27, 2020 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Which College degrees are worthwhile?
Replies: 146
Views: 8372

Re: Which College degrees are worthwhile?

wander wrote:
Sat Jun 27, 2020 12:52 am
College dropouts are worthwhile, there are many of them now billionaires.

Chemical engineering graduates get paid higher than other engineering majors.
Nope----try petroleum engineering.....

https://www.trade-schools.net/articles/ ... ing-majors
by Sconie
Tue Jun 23, 2020 2:45 pm
Forum: US Chapters
Topic: Happy Birthday Mel Lindauer - 6/22/2020
Replies: 58
Views: 2807

Re: Happy Birthday Mel Lindauer - 6/22/2020

Good wishes Squire Lindauer!!!
by Sconie
Sun Jun 21, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: Jeremy Siegel on MiB Podcast: 60/40 is risky and more
Replies: 131
Views: 14352

Re: Jeremy Siegel on MiB Podcast: 60/40 is risky and more

If inflation gets out of hand, the Fed can always reduce the money supply, shrink their balance sheet or just announce that they don't like inflation. Major central banks are, at heart, inflation hawks. Rising interest rates, or at least real rates, would be a good thing. They would most probably b...
by Sconie
Sun Jun 21, 2020 10:50 am
Forum: Investing - Theory, News & General
Topic: Jeremy Siegel on MiB Podcast: 60/40 is risky and more
Replies: 131
Views: 14352

Re: Jeremy Siegel on MiB Podcast: 60/40 is risky and more

Great podcast - thanks for the intro. I listened to it a couple of times to get a deeper understanding. It's the first time I've heard that the QE will be paid for by inflation and bond holders. This makes a lot of sense since there should be a cost to safety for those who seek it in times like thi...
by Sconie
Fri Jun 12, 2020 1:25 pm
Forum: Personal Consumer Issues
Topic: caulk puncture tool ?
Replies: 71
Views: 3773

Re: caulk puncture tool ?

Just stop by your local hardware store and pickup a "gutter nail" or other long, thin, spike. That's what you need.
by Sconie
Fri Jun 12, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: Feeling compelled to increase equity portion of AA
Replies: 23
Views: 1879

Re: Feeling compelled to increase equity portion of AA

As per that age-old saw, "nobody knows nothing." That also applies to things like 10 years financial projections IMHO. That said, 35/65 seems VERY conservative. How would you feel about 50/50----and how do the longer-term "financial projections" line-up with that AA?
by Sconie
Wed Jun 10, 2020 5:45 pm
Forum: Personal Consumer Issues
Topic: how much to tip painters
Replies: 66
Views: 4307

Re: how much to tip painters

Tip the painter(s)? You've got to be kidding.
by Sconie
Tue Jun 09, 2020 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer title of auto to son -- necessary?
Replies: 40
Views: 2397

Re: Transfer title of auto to son -- necessary?

Have you priced the cost of umbrella insurance, such to "ride" over the top of your auto liability policy?
by Sconie
Sun Jun 07, 2020 9:23 am
Forum: Personal Investments
Topic: Retirees: what is your AA?
Replies: 80
Views: 3891

Re: Retirees: what is your AA?

Approximately 40/55/5 (bonds, stock, cash). No pension. When the market goes up, I wish I had more in stocks. When the market goes down, wish I had more in bonds. Does that mean I'm in just the right place? It means your human. Right! To paraphrase one of my favorite quotes from Jack Bogle, "Half t...
by Sconie
Sat Jun 06, 2020 5:26 pm
Forum: Personal Investments
Topic: Retirees: what is your AA?
Replies: 80
Views: 3891

Re: Retirees: what is your AA?

Early 70's-----60 equities, 30% bonds, 10% cash. 20% of equity is total international.
by Sconie
Thu Jun 04, 2020 6:11 am
Forum: Personal Finance (Not Investing)
Topic: GM Educator Discount
Replies: 1
Views: 226

Re: GM Educator Discount

Several years back my DW and I looked at using the program-----prior to retirement she was a public school teacher. It turned out to be "no great deal"-----Ford, Fiat Chrysler, etc.,----all have or had similar programs, applicable to everything from public school teachers, to recent college graduate...
by Sconie
Wed Jun 03, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: What is your homeowner's insurance deductible? Any recommended endorsements/riders?
Replies: 19
Views: 1471

Re: What is your homeowner's insurance deductible? Any recommended endorsements/riders?

We have $1K on both of our homes and on our vehicles. For lots of years had $250 and $500 (and in the late 70s, even $100)----but eventually came to realize that if there were just a few hundred dollars of loss, I wasn't going to turn in a claim----I was just going to pay for it myself, hence the ch...
by Sconie
Wed Jun 03, 2020 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's expectations of subsidizing her friends' lives
Replies: 82
Views: 4480

Re: Wife's expectations of subsidizing her friends' lives

Oh wow-----sounds like you, your relationship-----has a MAJOR problem brewing. No advice, but good wishes that it gets resolved one way or another...
by Sconie
Mon Jun 01, 2020 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is voice verification more secure?
Replies: 16
Views: 1741

Re: Is voice verification more secure?

From what I've read, voice verification---also called voice biometrics-----is very secure. It is simple and easy to use for customers. Typically, what is called the "voice profile" is/has to be paired with a prior-authorized/"pre-recognized" telephone number.
by Sconie
Mon Jun 01, 2020 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Probationary period for new job
Replies: 29
Views: 2150

Re: Probationary period for new job

This should have been disclosed in your offer letter and the company’s employee handbook. Do a good job and it shouldn’t be an issue. I am familiar with companies that have a 90-day probationary period for new hires. The main reason for the policy was it was less legal risk for the company to let a...
by Sconie
Tue May 26, 2020 9:15 pm
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 113
Views: 7068

Re: does anyone have a subscription to youtube tv?

We've used YTTV for the last 18 months and are generally pleased with it----we moved to it after trying Hulu, where it seemed we were forever experiencing buffering delays.
by Sconie
Tue May 26, 2020 8:57 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard's money where its mouth is?
Replies: 21
Views: 1945

Re: Is Vanguard's money where its mouth is?

I do not begrudge the executive leadership of Vanguard excellent compensation. That said, I have been and remained concerned relative to the efforts of these same executives to obfuscate their compensation and to prevent it from being open and transparent to each and every Vanguard fund holder.
by Sconie
Tue May 26, 2020 6:05 pm
Forum: Investing - Theory, News & General
Topic: Doctors and Insider Trading
Replies: 4
Views: 837

Re: Doctors and Insider Trading

Well, one never knows until the SEC shows up at one's front door. That said, insider trading is traditionally thought to include "the buying or selling of a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, nonpublic information about th...
by Sconie
Mon May 25, 2020 8:32 pm
Forum: Personal Consumer Issues
Topic: Should I pay $1,600 for this lawn care fix?
Replies: 56
Views: 5533

Re: Should I pay $1,600 for this lawn care fix?

I like the idea of getting a lawn outfit who specializes in leveling to look at it and give you a quote----then, if the cost is "in the ball park" of being reasonable and doable for you, I'd go for it. You enjoy it---it's your hobby. Nothing wrong with spending a few bucks on what you enjoy IMHO. Th...
by Sconie
Sun May 24, 2020 9:11 am
Forum: Investing - Theory, News & General
Topic: What's your take on the risk that authorities might ban private ownership of gold?
Replies: 9
Views: 1003

Re: Feeling very axious after this reading a Bloomberg article: should I sell?

Personally, I don't see any reason to own gold----as Warren Buffet always says, it is not an "investment," rather, it is a purely speculative item. That said, many feel that disinflation, not inflation, is a bigger threat.
by Sconie
Sun May 24, 2020 9:08 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13733

Re: If Jeep has such poor reliability, how come they are everywhere?

tvubpwcisla wrote:
Sun May 24, 2020 8:10 am
I would look at the Toyota 4Runner.
This!
by Sconie
Sat May 23, 2020 9:02 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 73
Views: 7797

Re: Hertz is declaring bankruptcy

Hertz filed Chapter 11, to reorganize their finances-----not to liquidate. They will keep operating while the bankruptcy moves through the court system.
by Sconie
Sat May 02, 2020 8:06 am
Forum: Personal Investments
Topic: [Cashed out in panic, how to get back in?]
Replies: 35
Views: 4034

Re: [Cashed out in panic, how to get back in?]

Vanguard charge 0.3% a year for PAS so around 7k. I think you should just go with lifestrategy 40:60 or a target retirement fund and call it a day. +1. Unless you still feel a need for hand holding thru a market crisis. Don’t fret about the perfect international allocation, ther are many thoughts a...
by Sconie
Thu Apr 23, 2020 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: physician/APC pay cuts
Replies: 133
Views: 10210

Re: physician/APC pay cuts

Just wondering-----it was not clear to me-------are you employed by a profit or a non-profit hospital system?
by Sconie
Fri Apr 10, 2020 2:17 pm
Forum: Investing - Theory, News & General
Topic: Investor says Stock Market Gains will only be 2% a year next 20 years
Replies: 110
Views: 10039

Re: Investor says Stock Market Gains will only be 2% a year next 20 years

magicrat wrote:
Fri Apr 10, 2020 8:00 am
If someone can guarantee me 2-3% real every year for 20 years, I will take it every day and twice on sunday.
Me too! Most people don't realize it, however, any investor who can consistently earn 2-3% real, year in and year out, is in fact an excellent investor!
by Sconie
Tue Mar 31, 2020 8:51 am
Forum: Personal Investments
Topic: Where to put emergency fund
Replies: 19
Views: 2131

Re: Where to put emergency fund

Yes to the VMMXX!
by Sconie
Sun Mar 29, 2020 9:09 pm
Forum: Personal Investments
Topic: 60/40 Doesn't Cut it Anymore?
Replies: 84
Views: 12511

Re: 60/40 Doesn't Cut it Anymore?

If the primary objective is the long-term growth of capital, Siegel's suggestion makes sense. In my view----at least conceptually----what Siegel is saying is not all that different from Buffett's proclamation that, for his wife, her "inheritance" be invested 90% S&P 500 index fund, 10% short term g...
by Sconie
Thu Mar 26, 2020 8:21 pm
Forum: Investing - Theory, News & General
Topic: stock market goes up 5x every 15 years?
Replies: 14
Views: 1331

Re: stock market goes up 5x every 15 years?

livesoft wrote:
Thu Mar 26, 2020 10:34 am
I think you need to do your own analysis.
+1
by Sconie
Tue Mar 17, 2020 7:25 pm
Forum: Personal Investments
Topic: How much cash in ones portoflio?
Replies: 13
Views: 1392

Re: How much cash in ones portoflio?

I include "cash" in my portfolio and count what some might call an "emergency fund" as part of it. I view cash as part of my 'fixed income' allocation, albeit similar to a very, very short term bond. In round numbers, I keep about 66 2/3% in equities, 8% in "cash," with the balance in a mix of CDs ...
by Sconie
Mon Mar 16, 2020 8:23 pm
Forum: Personal Consumer Issues
Topic: How best to support local businesses and the economy
Replies: 5
Views: 442

Re: How best to support local businesses and the economy

Consider purchasing gift certificates for your future use &/or for gifting? The business will have immediate income and will only later have to incur an expense....
by Sconie
Sat Mar 14, 2020 11:12 pm
Forum: Personal Investments
Topic: How much cash in ones portoflio?
Replies: 13
Views: 1392

Re: How much cash in ones portoflio?

I include "cash" in my portfolio and count what some might call an "emergency fund" as part of it. I view cash as part of my 'fixed income' allocation, albeit similar to a very, very short term bond. In round numbers, I keep about 66 2/3% in equities, 8% in "cash," with the balance in a mix of CDs a...
by Sconie
Sat Mar 14, 2020 11:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard CEO and CIO - stay the course, rebalance
Replies: 17
Views: 1117

Re: Vanguard CEO and CIO - stay the course, rebalance

I'm starting to find Vanguard's response to this crash a bit comical. It's obvious they had a bunch of pre-prepared platitudinous material about staying the course ready to go for when any kind of crash happened. And they're far from an impartial source here: they have an incentive to stop people f...
by Sconie
Sat Mar 14, 2020 11:01 pm
Forum: Personal Consumer Issues
Topic: Grand Tetons
Replies: 6
Views: 882

Re: Grand Tetons

Not lodging, but a fun and tasty place to eat is Bubba's BBQ in Jackson Hole:

https://bubbasjh.com/
by Sconie
Sat Mar 14, 2020 12:37 pm
Forum: Personal Investments
Topic: What are people who are using their portfolio for income doing?
Replies: 42
Views: 1961

Re: What are people who are using their portfolio for income doing?

Prior to the beginning of the correction/bear market I was----and over the last several years-----withdrawing funds from my equity investments by having the dividends paid out to me/directed to my prime money market fund. Once my equity asset allocation fell below my 5% "trigger point," I redirected...
by Sconie
Sat Mar 14, 2020 8:39 am
Forum: Personal Consumer Issues
Topic: What entertainment during Covid-19 times?
Replies: 101
Views: 5558

Re: What entertainment during Covid-19 times?

I've been walking 45 minutes twice a day taking care to maintain that 6 foot social distance. The weather is great in Arizona :D . Well, except the last 4 days! Now we need to wait for the preserve to open trails back up after the soaking rains! Soaking rains indeed. Prescott is getting hammered. F...
by Sconie
Sat Mar 14, 2020 8:39 am
Forum: Personal Consumer Issues
Topic: What entertainment during Covid-19 times?
Replies: 101
Views: 5558

Re: What entertainment during Covid-19 times?

I've been walking 45 minutes twice a day taking care to maintain that 6 foot social distance. The weather is great in Arizona :D . Well, except the last 4 days! Now we need to wait for the preserve to open trails back up after the soaking rains! Soaking rains indeed. Prescott is getting hammered. F...
by Sconie
Sat Mar 14, 2020 8:33 am
Forum: Investing - Theory, News & General
Topic: What are some good books on market crashes?
Replies: 8
Views: 340

Re: What are some good books on market crashes?

I'd suggest two for you to consider:

-Stock Market Crashes, Predictable and Unpredictable and What to do about them

-A History of the United States in Five Crashes
by Sconie
Sat Mar 14, 2020 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Trying to understand my taxes
Replies: 20
Views: 830

Re: Trying to understand my taxes

Since you are paying (or have already paid) a CPA to do your taxes, why don't you sit down with her or him and review/go through your tax return step-by-step? Doing that will provide you with a better understanding of the process, also enabling you to ask questions, etc.
by Sconie
Mon Mar 09, 2020 7:51 am
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 296
Views: 45192

Re: 30 year mortgage under 3%

How likely are we to see 30 year mortgage rates drop to under 3% without points? It just seems crazy to me where the US 10YR & 30YR are at now, I read an article saying the 10YR could go under 1% Update: 10 year is at .96% so now what is the chance some Us bonds go to 0% and/or we see a 2.0% 30 yea...
by Sconie
Sat Mar 07, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Those of You Having Medigap Plan F More than 5 Years
Replies: 49
Views: 4060

Re: Those of You Having Medigap Plan F More than 5 Years

Since the rationale for ending Plan F was to require everyone to pay a deductible (and presumably less frivolous use of resources), why doesn't Medicare simply require Medigap companies to allow people to move from Plan F to Plan G without underwriting? They want to get rid of Plan F, so it seems l...
by Sconie
Sat Mar 07, 2020 8:31 am
Forum: Personal Investments
Topic: Rebalancing bands - your experience
Replies: 25
Views: 1201

Re: Rebalancing bands - your experience

I follow the Larry Swedroe 5/25 rebalancing guideline. As you likely are already aware, there is a lot of good information in the Wiki on this: https://www.bogleheads.org/wiki/Rebalancing I think I found my strategy right here, thanks again. Checking often and rebalancing rarely matches my financia...
by Sconie
Sat Mar 07, 2020 8:29 am
Forum: Personal Consumer Issues
Topic: Coronavirus (COV-19) and money - risks?
Replies: 18
Views: 1719

Re: Coronavirus (COV-19) and money - risks?

fru-gal wrote:
Sat Mar 07, 2020 8:21 am
Enough is enough. Do you realize how crazy this is getting?
Well said---true!
by Sconie
Sat Mar 07, 2020 8:17 am
Forum: Personal Investments
Topic: Rebalancing bands - your experience
Replies: 25
Views: 1201

Re: Rebalancing bands - your experience

I follow the Larry Swedroe 5/25 rebalancing guideline. Here is a good explanation of it: https://awealthofcommonsense.com/2014/03/larry-swedroe-525-rebalancing-rule/ As you likely are already aware, there is a lot of good information in the Wiki on this: https://www.bogleheads.org/wiki/Rebalancing
by Sconie
Sat Mar 07, 2020 8:12 am
Forum: Personal Consumer Issues
Topic: Coronavirus (COV-19) and money - risks?
Replies: 18
Views: 1719

Re: Coronavirus (COV-19) and money - risks?

So for those concerned, a 15-min warm-up in the oven or on the stovetop could help allay fears. Even less time would be needed at higher temperatures (of course, don't put the pizza in its cardboard box in the oven at 400F and start a fire!). As a thought or suggestion, I'd be more prone to put it ...
by Sconie
Sat Mar 07, 2020 6:45 am
Forum: Personal Consumer Issues
Topic: Retirement in AZ-suggestions please
Replies: 104
Views: 7183

Re: Retirement in AZ-suggestions please

SunnyD, And the breakdown rates of stuff again is based on comparative experience. For example, a five year car battery may last five years in non desert climate, but in an extreme heat and dry climate, a battery dies about every 2-3 years. Same for tires that wear out and crack prematurely in the ...