Search found 2821 matches

by CaliJim
Thu Jul 12, 2018 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for my homeowner's association
Replies: 31
Views: 1521

Re: Investing for my homeowner's association

Don't expose yourself to a law suit by using anything but the most conservative of conservative safe fixed income investment choices. A T-bill ladder is fine, AS LONG AS you are doing liability matching. You don't want to have to sell anything before maturity at a discount if you can avoid it. I'm s...
by CaliJim
Thu Jul 12, 2018 10:59 pm
Forum: Personal Consumer Issues
Topic: Flooring for New House
Replies: 56
Views: 3528

Re: Flooring for New House

I'm considering using Rubio Monocoat + 2C on an oak floor that I've sanded down. Thanks! I've never used it. But "on paper" it looks good. I've used both oil and water based poly in the past on oak. I hate it. Gives you that "wood under plastic" look. Good review of Rubio Monocoat here: http://nape...
by CaliJim
Wed Jul 11, 2018 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Management at Megacorp
Replies: 26
Views: 2924

Re: Management at Megacorp

It should be easier to get into management at your present employer, because they know you and value your abilities. Once you have some management experience, it will be easier to get management positions elsewhere. This. Very this. OMG.... they like you where you work. This is great! Some lucky fo...
by CaliJim
Wed Jul 11, 2018 11:01 pm
Forum: Investing - Theory, News & General
Topic: Can Inflation Timing Be Done?
Replies: 15
Views: 994

Re: Can Inflation Timing Be Done?

I ask as a general theory thing, I wonder what others think regarding the idea that "rising inflation be timed" Personally, I'm 45/55 at the moment, with nominal and tips bond index funds. I've shortened duration in both types by having both short and intermediate funds. (The old Sheepdog thread sca...
by CaliJim
Wed Jul 11, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: Can Inflation Timing Be Done?
Replies: 15
Views: 994

Can Inflation Timing Be Done?

OK... so BH's don't "Market Time"... meaning we don't buy and sell stocks based on hunches about "It's reached the peak and is heading into a correction", or "It's at the bottom, back up the truck!" That's good and fine. I got it. Now.. in another thread... BlueSky123 said (I hope you don't mind me ...
by CaliJim
Wed Jul 11, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Is it ok to invest in bonds?
Replies: 39
Views: 4741

Re: Is it ok to invest in bonds?

More than you ever wanted to know can be found here: https://www.bogleheads.org/wiki/Risk_and_return:_an_introduction https://www.bogleheads.org/wiki/Certificate_of_deposit https://www.bogleheads.org/wiki/Bond_basics https://www.bogleheads.org/wiki/Bonds:_advanced_topics https://www.bogleheads.org/w...
by CaliJim
Tue Jul 10, 2018 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback on a simple investment strategy
Replies: 8
Views: 675

Re: Feedback on a simple investment strategy

Good comic. LOL

Oh yeah, also, 100% stocks is hard too. When one is “all in”, the temptation to sell low in a recession or depression is HUGE. 80/20 max!
by CaliJim
Tue Jul 10, 2018 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback on a simple investment strategy
Replies: 8
Views: 675

Re: Feedback on a simple investment strategy

Welcome to the forum! Taylor has given you some good advice. For more fantastic advice read his books! https://www.amazon.com/Bogleheads-Guide-Three-Fund-Portfolio-Outperforms/dp/1119487331 You can’t out strategize the market. Market timing is HARD. You can diversify, and maximize risk adjusted expe...
by CaliJim
Tue Jul 10, 2018 10:52 pm
Forum: Personal Consumer Issues
Topic: Thoroughly cleaning grimy tile
Replies: 19
Views: 2054

Re: Thoroughly cleaning grimy tile

Get a stack of Magic Eraser cleaners from Costco. They usually sell them in bulk. They are.....magic. ^^^This REALLY works! Who knew? I do now (just used them to easily and completely clean a couple of ceramic tiles in the bathroom). It's off to Costco (or Walmart) tomorrow to get a gross of them. ...
by CaliJim
Tue Jul 10, 2018 8:59 pm
Forum: Personal Consumer Issues
Topic: Flooring for New House
Replies: 56
Views: 3528

Re: Flooring for New House

These are complex interior design and budget choices for sure. Keep other elements of your interior design in mind too... are you going for a rustic, traditional, contemporary, Mediterranean, modern, neo-classical look? The floor should support, not clash, with the rest of your furnishings. We wante...
by CaliJim
Tue Jul 10, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 2848

Re: What's up with Wells Fargo

...you still do business with them. :oops: You are welcome to have hate for WF. be my guest. free country and all of that. but please be careful ... was that a personal attack? Hmm. Anyway, as I said, I have always been treated with courtesy and found WF customer service to be very responsive. Once...
by CaliJim
Tue Jul 10, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 2848

Re: What's up with Wells Fargo

I'm happy w/ WF. Luckily, the scandals had no impact on me and I've always had excellent service. My kids got duped into opening unnecessary 3rd and 4th accounts once, but it was easily fixed, and no money lost. Suggest you call their 800 number and ask, or maybe visit the branch office and ask. I'v...
by CaliJim
Tue Jul 10, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: Retirement location and things to consider
Replies: 12
Views: 1590

Re: Retirement location and things to consider

I highly recommend Pac North West.

Avoid California Central Coast. All full here. Move along please.
by CaliJim
Tue Jul 10, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Masterbath Remodel - Tub or No Tub ?
Replies: 57
Views: 3144

Re: Masterbath Remodel - Tub or No Tub ?

I vote for no tub. In our case, we recently built a ground up custom home. We did a walk in shower in the master, and a shower over platform recessed mount soaking tub in the hall bath. DW showers in the master bath and soaks in hall bath. DD showers in the hall bath. I mostly shower in the master o...
by CaliJim
Tue Jul 10, 2018 12:49 am
Forum: Personal Consumer Issues
Topic: Simple & Effective Video Camera Option - Help Buying, Please!
Replies: 3
Views: 254

Re: Simple & Effective Video Camera Option - Help Buying, Please!

i'm no expert....but a sony or canon point and shoot should be fine for this.
by CaliJim
Fri Jul 06, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting Decision - Pay Down Debt Faster? Or Put Towards Savings?
Replies: 12
Views: 711

Re: Budgeting Decision - Pay Down Debt Faster? Or Put Towards Savings?

Your first priority is building an adequate emergency fund. You need enough $ there to pay your mortgage and food bills for 6 months.
Second priority is paying off student loans.
Third priority is funding retirement.
by CaliJim
Fri Jul 06, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8564

Re: Using the Total Bond Fund in a rising rate environment

There'll be a time to go long term tho we may never see these rates again. When LT rates hit 15%, who is to say they won't go full Zimbabwe or Venezuela on us? (I wish I had backed up the truck and bought 30 year bonds at 15! in 1985, but I didn't have a truck then, and the money I did I lost picki...
by CaliJim
Thu Jul 05, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: Invest less and pay down mortgage ?
Replies: 23
Views: 1631

Re: Invest less and pay down mortgage ?

You haven't provided enough info to model and decide at a mathematical level. So... just speaking in generalities: 1) Maxing out the 401k, especially if there is any sort of company match, is typically what you want to do first. 2) Keep the mortgage for now, but plan to pay it off early down the roa...
by CaliJim
Thu Jul 05, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8564

Re: Using the Total Bond Fund in a rising rate environment

I believe the bond market is very very efficient. If you reduce duration out of fear that interest rates will change in the future in a way that differs from the way the market thinks interest rates will change in the future, you should ask yourself: "Is my crystal ball clearer than the market's cr...
by CaliJim
Wed Jul 04, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Rodents ate my car!
Replies: 61
Views: 5344

Re: Rodents ate my car!

Google "Rolling Log Mouse Trap".

Maybe better than a cat?

https://www.amazon.com/Original-Rolling ... B071ZF2VZJ

https://www.youtube.com/watch?v=6SIlYiiCGLI (squeamish warning - images of dead mice)
by CaliJim
Wed Jul 04, 2018 12:24 am
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8564

Re: Using the Total Bond Fund in a rising rate environment

If we are talking only 10% or 20% in bonds... ok sure. Hardly a blip. I was assuming age in bonds.
by CaliJim
Wed Jul 04, 2018 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8564

Re: Using the Total Bond Fund in a rising rate environment

And I wanted to add a caveat to "Let your investment time horizon guide your bond duration decisions. " which is this: individuals should probably not get too into Long Term Bonds (unless you really know what your doing; ie. certain types of barbell portfolios.) A 28 year-old investor has a life ex...
by CaliJim
Wed Jul 04, 2018 12:01 am
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 93
Views: 5676

Re: Any Boglehead powerlifters?

Never competed in power lifting. Soccer was my sport growing up and through college. I won't tell you my Power Lifting PRs...too embarrassingly light....but I love the power lifts for limit strength development, and oly lifts for speed and power. I got back into a disciplined exercise regime in my l...
by CaliJim
Tue Jul 03, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8564

Re: Using the Total Bond Fund in a rising rate environment

I believe the bond market is very very efficient. If you reduce duration out of fear that interest rates will change in the future in a way that differs from the way the market thinks interest rates will change in the future, you should ask yourself: "Is my crystal ball clearer than the market's cr...
by CaliJim
Mon Jul 02, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees- How hard is it to dial spending down/up?
Replies: 38
Views: 2653

Re: Retirees- How hard is it to dial spending down/up?

As said above, understanding your "fixed costs" is important.

If dialing spending down would involve moving, (as it would in our case, we have high property taxes) it would be HARD.
by CaliJim
Mon Jul 02, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8564

Re: Using the Total Bond Fund in a rising rate environment

I believe the bond market is very very efficient. If you reduce duration out of fear that interest rates will change in the future in a way that differs from the way the market thinks interest rates will change in the future, you should ask yourself: "Is my crystal ball clearer than the market's cry...
by CaliJim
Sun Jul 01, 2018 8:24 pm
Forum: Personal Consumer Issues
Topic: glass cancer?( watermark etching)
Replies: 24
Views: 2675

Re: glass cancer?( watermark etching)

Post before and after pictures!
by CaliJim
Sat Jun 30, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: glass cancer?( watermark etching)
Replies: 24
Views: 2675

Re: glass cancer?( watermark etching)

If the chemistry (citric/acetic acid), steam, razor blade, and mr clean pads listed above doesn't work... then the next step is to try polishing it yourself, but with the right stuff. DO NOT USE SAND PAPER..Not 600. not 800. not 1000... just NO! You'll need an orbital sander (<$100), glass polishing...
by CaliJim
Fri Jun 29, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Deed of Trust on Condo, how can borrower get a release if lender dies?
Replies: 26
Views: 1300

Re: Deed of Trust on Condo, how can borrower get a release if lender dies?

I'm ignorant here.. but after mom's death...can't he just continue to pay on the note into the estate, (or even default on the note), and settle up in probate? Say he pays $24k on the note into the estate while it's going through probate, he'll get that all back, less whatever it costs to go through...
by CaliJim
Fri Jun 29, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: I'm old, sold house and have $800k to invest.
Replies: 9
Views: 2452

Re: I'm old, sold house and have $800k to invest.

Welcome. Be careful about using a financial advisor, even highly recommended ones. Their fees can add up quickly. Wealthy folks can afford their fees and may enjoy the friendly relationships that good financial advisors offer. If the financial advisor is NOT a FIDUCIARY, walk away for sure. A non-fi...
by CaliJim
Fri Jun 29, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: Rental Car Damage / Delayed Contact. Opinions?
Replies: 13
Views: 1137

Re: Rental Car Damage / Delayed Contact. Opinions?

Talk to your company's lawyer before doing anything.
by CaliJim
Thu Jun 28, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: Is there a way to avoid bad companies in S&P 500?
Replies: 92
Views: 4503

Re: Is there a way to avoid bad companies in S&P 500?

vu8 wrote:
Tue Jun 26, 2018 9:06 am
Most of the S&P 500 companies disappear or change in 50 years. Is there a way to filter out terrible companies? Because if you buy the haystack, there has to be a few bad eggs out there.
Time travel :twisted:
by CaliJim
Mon Jun 25, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 116
Views: 11314

Re: Why not go 100% stocks?

I'm relatively young, 35, and plan to work for the next two decades. I'm in a dual physician household and enjoy working and being productive. I don't really enjoy site-seeing and traveling as much. My household income is approximately 900K with approximately 120K of annual expenses. My question is...
by CaliJim
Fri Jun 22, 2018 11:02 am
Forum: Personal Consumer Issues
Topic: Am I wasting money on my old car?
Replies: 34
Views: 3399

Re: Am I wasting money on my old car?

Eye guy: Good video.
Clearly the front fell off the older car, and that is not normal.

https://m.youtube.com/watch?v=3m5qxZm_JqM
by CaliJim
Fri Jun 22, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: Most vs. Least satisfying home impovements
Replies: 35
Views: 3504

Re: Most vs. Least satisfying home impovements

wootwoot wrote:
Thu Jun 21, 2018 11:24 pm
CaliJim wrote:
Thu Jun 21, 2018 10:49 pm
Least: pool
You lost me there.
I added a pool once. Hillside windy area. Lots of spiders and lizards, dust and dirt. Too cold to use. PIA to maintain. YMMV.
by CaliJim
Thu Jun 21, 2018 10:49 pm
Forum: Personal Consumer Issues
Topic: Most vs. Least satisfying home impovements
Replies: 35
Views: 3504

Re: Most vs. Least satisfying home impovements

Most: a comfortable, cheerful, easily cleaned, tidy house and garden (so: insulation, appropriate HVAC, good windows, draft free doors, fresh paint, floors/walls/tiles in good repair, garage shelving and storage, nicely planted garden, window treatments) Least: pool, pond, firepit, built in outdoor ...
by CaliJim
Thu Jun 21, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 173
Views: 20623

Re: Can you retire on $2M?

Is $2m total net worth or retirement portfolio value?
Do you own or rent (renters are subject to greater inflation risk than home owners?)
by CaliJim
Thu Jun 21, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: Am I wasting money on my old car?
Replies: 34
Views: 3399

Re: Am I wasting money on my old car?

It's up to you. It's not the miles. A well maintained and carefully driven Corolla will easily go 200,000+ miles. It's the age (and lack of safety features too). Rubber and plastic things break down after 10 years... 20+ years is a long time. It is likely that your car is of an age where it is likel...
by CaliJim
Thu Jun 21, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 173
Views: 20623

Re: Can you retire on $2M?

OP You may benefit by doing a little bit of reading about Safe Withdrawal Rates. Wade Pfau has recently published several academic papers updating previous thinking on this subject. Look into his writings, and also read the wiki page here: https://www.bogleheads.org/wiki/Safe_withdrawal_rates Curren...
by CaliJim
Wed Jun 13, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 16680

Re: Should I take possession of a certified mail?

Sound to me like he owes somebody some money in a bad way. Possibly has a drug problem (accounting for his emotional volatility)? Anyhow, a guy like this is nothing but trouble. What would you spend to consult with a lawyer for an hour in your area? Give him this amount in exchange for him signing a...
by CaliJim
Wed Jun 13, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5331

Re: Rowing machine motivation

Getting started on a regular exercise routine can be HARD. The first few weeks/months especially as you build/rebuild fitness. Visit the Concept 2 forums. Many folks in your similar situation will share advice on how they train. Focus on a slower stroke rate and stronger stroke. Keep your rate below...
by CaliJim
Tue Jun 12, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 7362

Re: Boring Job

You are not stuck. It's just where you are now. Very common to feel this way, especially early on in a career. Put your ambition to work in positive ways and keep it simple. Keep gaining skills. (Take classes an night and do homework in your spare time. Seek OJT opportunities at current job.) Build ...
by CaliJim
Tue Jun 12, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5602

Re: Strategy for a prolonged bear market

In an extended bear, an 'age in bonds' type AA glide path will reduce the amount by which one sells bonds to 'catch a falling knife'. To explain a bit more: I take math and rebalancing (annually or per bands) as a given. AA and Risk Tolerance are open to more debate. Rebalancing an 80/20 portfolio ...
by CaliJim
Mon Jun 11, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5602

Re: Strategy for a prolonged bear market

In an extended bear, an 'age in bonds' type AA glide path will reduce the amount by which one sells bonds to 'catch a falling knife'. Starting with a healthy dose of bonds is good. Always try to have at least $10m or $15m in bonds as insurance. :? More seriously, build in a higher margin of safety i...
by CaliJim
Mon Apr 30, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 7162

Re: How would you handle a request for money from a niece?

Good on you for the tough love. I think your instincts are correct ... she is not making good frugal financial decisions. Sometimes poverty is not caused by poor decision making and poor character... and it is just circumstances outside of ones own control. In cases such as this, charity and generos...
by CaliJim
Sat Apr 07, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 3050

Re: WF Visa 3% FX fee

I called WF and added a PIN to my already chipped credit card. OK I'm happy. Chip and Pin here I come. I'm all set. Please note that adding a PIN to a US card does not make it into a chip-and-PIN card. If the card is chip-and-signature in the US (which most are), it will remain chip-and-signature o...
by CaliJim
Fri Apr 06, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3434

Re: Large Single Stock Position - Can't Sell - Retirement Account

IMHO: include in equity portion of overall AA increase expected risk iof equities (std deviation) when doing scenario/mote carlo planning. decrease stock to bond ratio to compensate for increased risk consider selling portion to bring the single stock allocation down from 10% NW to <5%. (ie: manage ...
by CaliJim
Fri Apr 06, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: What Did I Just Do? (Possible Scam)
Replies: 13
Views: 3198

Re: What Did I Just Do? (Possible Scam)

call the phone number on the back of your CC and discuss with their customer service/fraud folks
by CaliJim
Fri Apr 06, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 3050

Re: WF Visa 3% FX fee

lots of good actionable info in the replies. thanks all it turns out that the one other CC card I already have (an airline Visa that I got for the companion fare, and have used precisely once ) is FTF free. yeah. i'm all set. for those of you taking huge advantage of the CC rewards programs....good ...
by CaliJim
Fri Apr 06, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 3050

Re: WF Visa 3% FX fee

oldcomputerguy wrote:
Thu Apr 05, 2018 7:34 am
ivk5 wrote:
Thu Apr 05, 2018 6:19 am
^ this sums it up. The reference in OP to "buying" a CC makes no sense to me.
It does make sense when you discover that the article to which OP links only lists credit cards that have annual fees.
yes.
annual fee=buying card. (more like renting!)
that is what i meant