Search found 2846 matches

by CaliJim
Wed Aug 15, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: Discarding dead cell phone without purging my data
Replies: 32
Views: 2299

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: 35
Views: 1476

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. But also... a humble brag? LOL. Anyway. I wouldn't know. I like to stay active but I like to eat too. To me, a six pack is something you drink. And.. I haven't worn a white dress shirt since I retired in 2007. :twisted:
by CaliJim
Wed Aug 15, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Investment Policy Statement
Replies: 61
Views: 2925

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: 4063

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: 2925

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: 2925

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: 1006

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: 2925

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...
by CaliJim
Mon Aug 13, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Experian email alert! "Your score decreased"
Replies: 37
Views: 3167

Re: Experian email alert! "Your score decreased"

IMHO these letters are just Marketing. Ignore them.
by CaliJim
Mon Aug 13, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: 61 Year old in need of advice
Replies: 14
Views: 1473

Re: 61 Year old in need of advice

Hmm. You haven't given us much to go on... but IMHO... retirement (semi or othewise) doesn't look promising at this point. Sound's like your dad is in the retirement red zone. Search this web site for "SPIA" and "OTAR" then read all you can. He should not be taking much risk. Your dad is likely a ca...
by CaliJim
Sun Aug 12, 2018 10:30 pm
Forum: Personal Consumer Issues
Topic: Refinishing Exterior Stucco
Replies: 8
Views: 721

Re: Refinishing Exterior Stucco

Keep it simple.

Have a professional powerwash, prep, and repaint it.

Offer a discount equal to the cost of sandblast and re-stucco, if any potential buyer starts to nit-pick

My $0.02
by CaliJim
Sat Aug 11, 2018 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Projection Software?
Replies: 3
Views: 379

Re: Investment Projection Software?

Search for “Monte Carlo retirement calculator”
And you might find something suitable
by CaliJim
Fri Aug 10, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: 1024.99 for a book. Why?
Replies: 21
Views: 3285

Re: 1024.99 for a book. Why?

Scams to earn credit card points?

I buy your one book for $1024, you buy my two books for $512/ea.

??
by CaliJim
Tue Aug 07, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to Respond to a "Proposed Amount Due" Notice From IRS
Replies: 15
Views: 1847

Re: How to Respond to a "Proposed Amount Due" Notice From IRS

OK. Whelp... on the IRS web site I found this: https://www.irs.gov/newsroom/if-you-receive-an-irs-notice-heres-what-to-do "1)Don’t panic." LOL "3)...If you don’t agree with the correction the IRS made, it’s important that you respond as requested. Respond to the IRS in writing to explain why you dis...
by CaliJim
Tue Aug 07, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: How to Respond to a "Proposed Amount Due" Notice From IRS
Replies: 15
Views: 1847

Re: How to Respond to a "Proposed Amount Due" Notice From IRS

Did the letter say anything about how to respond if you disagree with their findings?
I would assume you need to file an amended return.
by CaliJim
Tue Aug 07, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Maui Hawaii Trip - How to save money?
Replies: 52
Views: 4709

Re: Maui Hawaii Trip - How to save money?

heyyou wrote:
Mon Aug 06, 2018 7:58 pm
Anywhere in Hawaii, my wife would rather eat yogurt topped with macadamia nuts (sometimes with shredded coconut) served in half of a cleaned, ripe papaya, than any cooked breakfast, either at our lodging, or in a restaurant where it is likely on the menu.
OMG. That sounds delicious.
by CaliJim
Sun Aug 05, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: Maui Hawaii Trip - How to save money?
Replies: 52
Views: 4709

Re: Maui Hawaii Trip - How to save money?

Um... don't stay at the Hyatt??? +1 re Costco. Eating-in will save you a bunch. Agree before-hand on the plan, how many meals you will eat out, what things you will shop for when you get there....so there is no confusion and contention after a long plane ride. Get a cheap cooler when you get there a...
by CaliJim
Sun Aug 05, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: The stock market is shrinking.
Replies: 68
Views: 7231

Re: The stock market is shrinking.

A bit of a change in topic.... but.... regarding SOX is expensive and therefore bad for investors.... I think this is bit of a red herring distraction. My thoughts on SOX: As a passive investor with former SOX and internal controls experience... in the long run... SOX is good for investors. SOX is a...
by CaliJim
Thu Aug 02, 2018 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 68
Views: 2713

Re: Car price ratio to NW

When I was 22, my net worth was teeny tiny. All I had was income, car, car loan, rented apartment, knife fork, fry pan, futon, and clothes to wear to work. So... my car was, like 99% of my net worth. But I had to have a car to get there... because work was in the nice side of town, and I lived in th...
by CaliJim
Wed Aug 01, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Matter-scatter, part 4: Bond allocation
Replies: 8
Views: 1411

Re: Matter-scatter, part 4: Bond allocation

So... you are reconfirming that top level stock to bond allocation matters a lot. Well done! Thanks. Your charts do not make clear what happens during draw down, and some folks might come to the wrong conclusion. People sometimes overestimate their risk tolerance based on the historically better lon...
by CaliJim
Wed Aug 01, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: West Coast Tour Group Suggestions
Replies: 17
Views: 1040

Re: West Coast Tour Group Suggestions

Nothing to see here. All burned up. :(


(Plus... all the tourists make it hard to get across town. :twisted: )
by CaliJim
Wed Aug 01, 2018 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14170

Re: Net worth of $3.7M at age 47 - can I retire?

Here's what I think you are looking at. If you (alone) retire or take a break, there will be about $100k coming in from spouse's job and the land. Your annual expenses not including taxes are $150k. Let's call it $200k with federal and state taxes. So you need to make up a shortfall of at least $10...
by CaliJim
Tue Jul 31, 2018 7:38 pm
Forum: Investing - Theory, News & General
Topic: Are women worse at investment?
Replies: 24
Views: 1407

Re: Are women worse at investment?

Hmmm. Really? I didn't follow the link. Some questions are too ridiculous to take seriously. There is nothing at all that is gender specific with regard to the BH investment philosophy or process. I think we can safely say we are GENDER NEUTRAL! There are no restrictions with regard to who can study...
by CaliJim
Sat Jul 28, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees: how much cash?
Replies: 61
Views: 6337

Re: Retirees: how much cash?

In our case... now retired and in our early 60s. AA: 45/65 (EQ / FI) Of the 65% - FI: 1 to 3 months of expenses is in checking account or FDIC savings or Money Market, 2 to 3 years expenses is in Short Term Muni Bond Fund. Remainder of FI allocation is in Intermediate Bond Fund (Both VG CA Muni fund...
by CaliJim
Thu Jul 19, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Computer Clocks
Replies: 17
Views: 1593

Re: Computer Clocks

In Windows 10: Go to "Settings" (Right click Windows Icon) Click "Time & Language" Select "Set time automatically" To select the internet time source: Select "Additional date, time and regional settings" Select "Set the date and time" Select "Internet Time" tab, then "Change Settings" Select "Synchr...
by CaliJim
Thu Jul 12, 2018 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for my homeowner's association
Replies: 33
Views: 1897

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: 57
Views: 3996

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: 3042

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: 1070

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: 1070

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: 4945

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: 720

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: 720

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: 2216

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: 57
Views: 3996

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: 2976

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: 2976

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: 1657

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: 3427

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: 276

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: 771

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: 8831

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: 1713

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: 8831

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: 5626

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: 8831

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: 8831

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: 115
Views: 8230

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: 8831

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: 2795

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.