Search found 2888 matches

by CaliJim
Tue Sep 18, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3310

Re: Equity in house / Do you use it?

Bogleheads do not borrow money to use for investment. Bogleheads buy bonds and other fixed income investments to control (not amplify) risk. Investing with borrowed money is called "leverage". Using leverage amplifies both gains and LOSSES. Unwise use of leverage can turn an otherwise small loss in...
by CaliJim
Tue Sep 18, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: Equity in house / Do you use it?
Replies: 56
Views: 3310

Re: Equity in house / Do you use it?

Bogleheads do not borrow money to use for investment. Bogleheads buy bonds and other fixed income investments to control (not amplify) risk. Investing with borrowed money is called "leverage". Using leverage amplifies both gains and LOSSES. Unwise use of leverage can turn an otherwise small loss int...
by CaliJim
Tue Sep 18, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: [AARP Article re: ID Theft & Dark Web]
Replies: 32
Views: 3854

AARP Article re: ID Theft & Dark Web

Wanted to share a link to an informative article about a topic near and dear to investors: https://www.aarp.org/money/scams-fraud/info-2018/what-is-the-dark-web.html “Seniors are prime targets because they are more likely to have money and better credit,” Brett said. Blue agreed: “The stolen profile...
by CaliJim
Mon Sep 17, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: First Week of January West Coast Travel Options
Replies: 8
Views: 551

Re: First Week of January West Coast Travel Options

Snowbunny?
Whistler BC would be the correct choice.
by CaliJim
Mon Sep 17, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: are iPad Minis obsolete?
Replies: 28
Views: 2935

Re: are iPad Minis obsolete?

I would say NO, but it depends on your definition of obsolete. Apple is still selling it and still pushing IOS updates for it.
by CaliJim
Fri Sep 14, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: Slight fear of investing in general now
Replies: 20
Views: 2130

Re: Slight fear of investing in general now

Jordan4FI wrote:
Fri Sep 14, 2018 11:38 am
Best hope is to move away, to a vast area of farm land and learn to take care of yourself the natural way.
Unfortunately, there isn't enough room on the planet for each family to all have "10 acres of independence". Stewart Brand talks about this in "The Whole Earth Manifesto".
by CaliJim
Fri Sep 14, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: Slight fear of investing in general now
Replies: 20
Views: 2130

Re: Slight fear of investing in general now

What is this "financial system" that you fear may stop working? If the financial "system" stops working... you will have more than the loss of wealth to worry about........ because what you are really talking about is social collapse. Accept that some things are outside of your control and ability t...
by CaliJim
Fri Sep 14, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 57
Views: 5634

Re: Job burnout - Keep grinding or change?

Keep on grinding.
Increase exercise. 5 hours / week min, with some intensity.
Improve diet.
.... the greener grass (retirement, new job, new spouse, whatever) on the other side of the fence is still just grass.
by CaliJim
Thu Sep 13, 2018 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Company 401k Steering to a strong firm??
Replies: 2
Views: 308

Re: Company 401k Steering to a strong firm??

I won't mention the name, but I'm fairly new to an organization and they use a provider that's far less than ideal. The VP in charge of this loves them because she doesn't understand the fund choices and fees aren't competitive, but loves the Advisor as he is always a phone call away and very charm...
by CaliJim
Thu Sep 13, 2018 12:08 am
Forum: Investing - Theory, News & General
Topic: Isn't cap weighting less diversified than equal weighting?
Replies: 72
Views: 2976

Re: Isn't cap weighting less diversified than equal weighting?

You can't identify what a tilt is until you've identified what 'flat' (i.e. no tilt) is. Flat is beta = 1; the cap weighted index. Tilt is more exposure to small and value. So, here is what investopedia says about measuring diversification...without really defining it: https://www.investopedia.com/...
by CaliJim
Wed Sep 12, 2018 11:13 pm
Forum: Personal Consumer Issues
Topic: Any reasons to not put money down for a Tesla Model 3?
Replies: 62
Views: 5053

Re: Any reasons to not put money down for a Tesla Model 3?

I just want to resurrect this thread for a moment to say one thing: I LOVE our new Tesla Model 3. It is the best car I have ever owned. ever. hands down. I had a bmw 740i for a while. That had been the 'nicest car', but no longer. BMWs don't hold a candle to this car. Fun to drive. Rock solid, impec...
by CaliJim
Wed Sep 12, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: Isn't cap weighting less diversified than equal weighting?
Replies: 72
Views: 2976

Re: Isn't cap weighting less diversified than equal weighting?

$1000 on Apple is not the same as $1000 on some tiny micro-cap. In the first case you are getting ~0.00000001% ownership, and in the second case you are getting 0.01% ownership. That isn't 'diversification', that is tilting towards micro-caps. "Putting the same amount on each opportunity" needs to c...
by CaliJim
Wed Sep 12, 2018 10:47 pm
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2597

Re: Utility usage way up

Another shot in the dark: is your hot water usage up? Look at your water usage in general for the two months you are comparing. Maybe you used more water... and hence more hot water. It takes a lot of energy to heat water. Any new kitchen appliances, computers, routers, etc? Instapot, Tea Kettle. Us...
by CaliJim
Wed Sep 12, 2018 4:05 pm
Forum: Personal Consumer Issues
Topic: Anyone into Essential Oils?
Replies: 40
Views: 2491

Re: Anyone into Essential Oils?

I like to add Tea Tree Oil to my Dr Bronner's. I like the way it smells. It is against the forum rules to give medical advice... but I'll just say that if essential oils cured allergies... doctors would prescribe it.... and many medicines are based on plants.... so who knows. Maybe have her ask her ...
by CaliJim
Wed Sep 12, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2088

Re: 401k "advice" to my associates

Keep your messages simple. They know how to google and find info on the web when the time comes Just make is clear that you encourage everyone to participate and make sure they understand how it works. Points I'd make in your shoes: 1) surprised that participation in the plan is a low as it is, and ...
by CaliJim
Wed Sep 12, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: House eaves color
Replies: 7
Views: 474

Re: House eaves color

We have tall windows that expose the eave color when looking out into the garden. So... we painted our eaves the same color as our ceilings inside so that they would blend and disappear. In some locals, the tradition is to paint eaves and porch ceilings a nice light 'sky blue'. Or... paint them the ...
by CaliJim
Wed Sep 12, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: Isn't cap weighting less diversified than equal weighting?
Replies: 72
Views: 2976

Re: Isn't cap weighting less diversified than equal weighting?

How do you define "diversification"? Equal weighting results in higher trading costs (more turnover), and results in a greater percentage of ownership of smaller companies. If you want more "diversification", maybe you should look into slicing and dicing (diversification) across factors (large, valu...
by CaliJim
Mon Sep 10, 2018 10:18 pm
Forum: Investing - Theory, News & General
Topic: I found this informative about the next possible crisis
Replies: 22
Views: 4581

Re: I found this informative about the next possible crisis

Thank you for posting. I hadn't heard of CLO's before.

The author IS a journalist, but not all journalists are idiots, and he clearly knows more about how the sausage is made on wall street than I do.

**and I'll keep my cranky old man cynical thoughts to myself**
by CaliJim
Mon Sep 10, 2018 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in 5G Wireless
Replies: 44
Views: 2420

Re: Investing in 5G Wireless

Err mah gerd. NO. Just NO!

Diversity is your friend. It is the only free lunch. Buy and hold stock index funds and don't try to be a stock picker.

Index funds outperform active management.
by CaliJim
Mon Sep 10, 2018 9:32 pm
Forum: Investing - Theory, News & General
Topic: What Matters to Individual Investors? Evidence from the Horse's Mouth
Replies: 6
Views: 1036

Re: What Matters to Individual Investors? Evidence from the Horse's Mouth

Paywall... so couldn't read the paper. However.... I'll comment: This is a special place.... what is common sense around here is not common in the wild. Natural selection has not resulted in humans having an innate ability for passively investing in stocks and bonds. Rather, the human brain gives us...
by CaliJim
Sun Sep 09, 2018 8:45 pm
Forum: Investing - Theory, News & General
Topic: Short Term Market Uncertainty - "Buy" Insurance?
Replies: 33
Views: 2019

Re: Short Term Market Uncertainty - "Buy" Insurance?

I shortened the duration of a good portion of my bond holdings back in January. It was part of a strategy to expand our more liquid investments, our 'emergency fund', from 6 mos to 3 years worth of expenses. (But I'm not talking about buckets of money! lol) I want to reduce the temptation to sell at...
by CaliJim
Wed Sep 05, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Home-spun Weed Killers
Replies: 21
Views: 1520

Re: Home-spun Weed Killers

I recently learned that commercial interests have had a large impact on what we consider to be a weed. Clover and dandelion use to be just dandelions and clover. Then, when chemical products became widely available to 'combat them', they became 'weeds'. https://www.thespruce.com/no-respect-for-clove...
by CaliJim
Tue Sep 04, 2018 11:15 pm
Forum: Personal Consumer Issues
Topic: The future of my journals and logs
Replies: 45
Views: 4146

Re: The future of my journals and logs

pondering wrote:
Tue Sep 04, 2018 9:30 am
Does anyone have an estimate in time or money for how much it will cost to scan 100 pages?
Borrow or rent or buy one of these:

https://www.amazon.com/Fujitsu-ScanSnap ... B01G3JYVYM
by CaliJim
Mon Sep 03, 2018 10:19 pm
Forum: Personal Consumer Issues
Topic: Word document format/numbering question
Replies: 6
Views: 589

Re: Word document format/numbering question

If staying in Word: Manually reset the paragraph number after each deleted paragraph. Use the "Set Numbering Value" in the Home | Paragraph | Number Paragraph drop down menu. Footnote numbers can similarly be controlled in the "footnote and endnote" menu I assume you are familiar with Words "Review"...
by CaliJim
Mon Sep 03, 2018 10:06 pm
Forum: Personal Consumer Issues
Topic: The future of my journals and logs
Replies: 45
Views: 4146

Re: The future of my journals and logs

Type them up. Embellish them. Become the most fascinating man on your block.

Self publish them on Amazon for $419.99

Write up some fake positive reviews and then have friends and family post them.

More than a few people will buy a copy.
by CaliJim
Mon Sep 03, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: First Time Poster: Are Rental Properties Worthwhile?
Replies: 17
Views: 2245

Re: First Time Poster: Are Rental Properties Worthwhile?

Welcome to the forums. A wise man once said "buy real estate. never sell it" Another wise man said: "owning rental property is a business. it is not a passive investment" Nobody knows what the future holds for either mutual funds or residential rental properties. I like the idea of diversity. IF I w...
by CaliJim
Mon Sep 03, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: 100% Bonds to boost returns?
Replies: 61
Views: 6395

Re: 100% Bonds to boost returns?

Nobody knows nothing. Don't time the markets. Stay the course. I'm confident that businessmen will find a way to outperform bonds in the long run. And in the short run I have no clue. I think an asset allocation between 75/25 and 25/75 is good for most, and for me, I'm comfortable hovering in the mi...
by CaliJim
Mon Sep 03, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for an 87-year-old?
Replies: 36
Views: 2128

Re: Advice for an 87-year-old?

My father (87) has over $150K in a checking account right now, and I'd like to get him into something more appropriate. Personally, I think this is a VERY APPROPRIATE PLACE to have some cash. At 87, keep it SIMPLE. He's healthy right now, and can live off his other small but adequate retirement inc...
by CaliJim
Sat Sep 01, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Thoughts on investing in Uranium???
Replies: 48
Views: 3040

Re: Thoughts on investing in Uranium???

In the early 1980's, I made my first for many payments in my investing education by losing more than I could afford in a Natural Resources sector fund. "They ain't making any more Natural Resources. The world is finite. This is a sector that MUST go up in value". Little did I know. Haahaahaa. TANSTA...
by CaliJim
Thu Aug 30, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 275
Views: 26247

Re: U.S. stocks continue to soar!

We need an update frequency chart. Anyone have the scripting chops to pull dates of posts from these two threads and update a speadsheet? Here's a quick chart: http://drive.google.com/uc?export=download&id=1tuaiEQTkTI3n0APv8KkieZ8zpGxmT-5r https://drive.google.com/file/d/1yV_BgGfJvW4yt5HwajZYpFnrXI...
by CaliJim
Wed Aug 29, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4084

Re: Bone in my food

eww. better get dna test done on that. chicken bone or rat bone?
by CaliJim
Tue Aug 28, 2018 5:37 pm
Forum: Personal Consumer Issues
Topic: Shingrix [Vaccine availability]
Replies: 47
Views: 4194

Re: Shingrix [Vaccine availability]

Woodshark wrote:
Tue Aug 28, 2018 5:18 pm
HueyLD wrote:
Mon Aug 27, 2018 5:41 pm
Does one have to be at least 65 to get the insurance to pay for this vaccine?
Not always. I'm 57 and my wife is 53. Blue Cross/Blue Shield covered ours at 100% as it is preventative.
I paid $0. Anthem PPO... ($0...except for the $700/month insurance premiums!)
by CaliJim
Tue Aug 28, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 275
Views: 26247

Re: U.S. stocks continue to soar!

Anyone have the scripting chops to pull dates of posts from these two threads and update a speadsheet? I don't think I can do it in COBOL 74 or 85. Um, do you even have a computer that runs COBOL?? :shock: (I guess I’m old, I actually know what COBOL is. :| ) Yes, and so do you. COBOL is still a su...
by CaliJim
Mon Aug 27, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: How do you make use of this boglehead.org?
Replies: 20
Views: 2308

Re: How do you make use of this boglehead.org?

How I use it has changed over the years.

After reading the books, the wiki, digesting and internalizing the teachings.... my portfolio is now on IPS auto-pilot.

So now I come here for the humor and to talk about fixing leaky basements.
by CaliJim
Mon Aug 27, 2018 8:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 275
Views: 26247

Re: U.S. stocks continue to soar!

For those who keep score: "U.S. Stocks in Freefall" has 6,792 posts and "U.S. stocks continue to soar" has 15. I would say that "stocks continue to soar" has a long ways to go. Edit: We are up to 16 now. :wink: We need an update frequency chart. Anyone have the scripting chops to pull dates of post...
by CaliJim
Mon Aug 27, 2018 7:52 pm
Forum: Personal Consumer Issues
Topic: Shingrix [Vaccine availability]
Replies: 47
Views: 4194

Re: Shingrix [Vaccine availability]

I went through the waiting list deal for my second shot at CVS. Since I was approaching the 6 month window....I finally went in to CVS and asked the pharma-tech to call other stores to see if anyone had it in stock. Shonuf...he found me a shot at CVS in the next town over. 1hour later. done. but OMG...
by CaliJim
Mon Aug 27, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10377

Re: I own 1,387 items!

Before we moved the last time, I counted that we had seating for 36+ people. We've never had more than 20 in the house at the same time. Needless to say, some chairs disappeared during the move process. My spouse has not noticed. Phew. Dodged a bullet.
by CaliJim
Mon Aug 27, 2018 12:23 am
Forum: Personal Consumer Issues
Topic: Help with basement issues
Replies: 16
Views: 1517

Re: Help with basement issues

Check with your neighbors and see if they have had issues too, and if so, have any of them solved it. If so, what did they do. Also, talk to a reputable contractor and civil engineer. Here is a list of approaches from https://www.houselogic.com/by-room/basement-attic/fix-wet-basement/ 1. Add Gutter ...
by CaliJim
Sun Aug 26, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6846
Views: 1496574

Re: U.S. stocks in freefall

The crash is coming! Just you wait. My neighbor told me he recently totally pulled out of the market and purchased real estate in Hawaii with the proceeds. You have been warned! :twisted:
by CaliJim
Sun Aug 19, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: How do you pay for purchase of a vehicle in retirement?
Replies: 38
Views: 3973

Re: How do you pay for purchase of a vehicle in retirement?

I needed to rebalance, so I sold some of my TSM fund.
by CaliJim
Wed Aug 15, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: Discarding dead cell phone without purging my data
Replies: 33
Views: 2947

Re: Discarding dead cell phone without purging my data

remove battery and KILL IT WITH FIRE

(ie: propane torch, in a well ventilated non-flamable area....back patio on a breezy day))
by CaliJim
Wed Aug 15, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Where to buy white, athletic fit dress shirt?
Replies: 52
Views: 3036

Re: Where to buy white, athletic fit dress shirt?

Athletic fit? I didn't know that was a thing. Had to google it. Yup. It's a thing.
by CaliJim
Wed Aug 15, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Investment Policy Statement
Replies: 61
Views: 3332

Re: Trust Investment Policy Statement

afan wrote:
Tue Aug 14, 2018 10:15 am
...Index funds use these routinely to better match their benchmarks. One would not want to come up with something that could make it impossible to invest in an index fund....Did you propose this to more than one bank?
Thanks for the suggestion.

Just one. WF
by CaliJim
Mon Aug 13, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: Most Effective Rat Poison
Replies: 42
Views: 4237

Re: Most Effective Rat Poison

Rat poisons around here have been killing the bobcats that eat the rats that ate the poison. My neighbor found 2 dead ones and one almost dead. +1 that has happened around here too. last year were were greatly dismayed to see a bobcat in distress by the side of a trail. the ranger we talked to said...
by CaliJim
Mon Aug 13, 2018 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Investment Policy Statement
Replies: 61
Views: 3332

Re: Trust Investment Policy Statement

This may or may not work. Thanks. I get it. I was torn between making the language too restrictive, in which case the commercial trustees would decline to serve, and giving no guidance what-so-ever, which is like throwing money into the wind. With any luck... we will live long enough that our scion...
by CaliJim
Mon Aug 13, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Investment Policy Statement
Replies: 61
Views: 3332

Re: Trust Investment Policy Statement

Here are some snips from the IPS we included as an appendix to our trust docs. We had it reviewed by the bank's trust department. What did the bank's trust department say? Did they have it reviewed by their legal department? Did they provide any formal response (written or otherwise)? Does you trus...
by CaliJim
Mon Aug 13, 2018 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Investment strategies for already retired
Replies: 9
Views: 1080

Re: Investment strategies for already retired

Hello: I am a retired teacher, age 54. I would be interested in investment strategies for someone already retired. I have a full pension and bring home about 4K per month. I have no debt and one rental property that nets 1K per month. I just put 11K in VTSAX. I have about 30K in a TIAA403b and 2K i...
by CaliJim
Mon Aug 13, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Investment Policy Statement
Replies: 61
Views: 3332

Re: Trust Investment Policy Statement

Here are some snips from the IPS we included as an appendix to our trust docs. We had it reviewed by the bank's trust department. "Purpose The purpose of this document is to set investment guidelines to be followed by the Trustee and any investment managers involved in the administration of the xxxx...