Search found 625 matches

by Ozonewanderer
Sun Mar 18, 2018 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Wrapping my head around bond funds
Replies: 56
Views: 5195

Re: Wrapping my head around bond funds

Can someone explain to me the value of a bond fund? In what world is this a good investment vehicle? Should I increase my equity exposure and just endure a correction? The value of a bond fund is that it is much less volatile than a stock fund. Standard deviation can be used as a measure of volatil...
by Ozonewanderer
Sat Mar 17, 2018 2:01 am
Forum: Personal Consumer Issues
Topic: Tires on a 15 year old car....Replace or not?
Replies: 79
Views: 5229

Re: Tires on a 15 year old car....Replace or not?

The risk with age is not completely unknown. From Michelin’s web site: “If the tires haven't been replaced 10 years after their date of manufacture, as a precaution, Michelin recommends replacing them with new tires. Even if they appear to be in usable condition and have not worn down to the tread w...
by Ozonewanderer
Thu Mar 15, 2018 9:49 pm
Forum: Personal Consumer Issues
Topic: Tires on a 15 year old car....Replace or not?
Replies: 79
Views: 5229

Re: Tires on a 15 year old car....Replace or not?

Would you jump with a used 15 year old parachute even if it looked good?
by Ozonewanderer
Thu Mar 15, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Modest stereo system
Replies: 57
Views: 3615

Re: Modest stereo system

Sonos provides great sound quality, convenience, flexibility and value. It's all wireless. It will be able to connect whatever you have. You can start off with a few components and add to it to meet your budget and interests. To get noticeably better sound quality you will need to spend at least dou...
by Ozonewanderer
Tue Feb 27, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Need a Pocket Watch
Replies: 26
Views: 1390

Re: Need a Pocket Watch

Back in the day, when I was in college in the late '60s, I used to wear a pocket watch. I started with a family heirloom and worked my way up to a very accurate battery powered Bulova Accutron pocket watch. Pocket watches are less convenient than a wrist watch, but I did it to stand out and have a c...
by Ozonewanderer
Fri Feb 02, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: anyone own a stingray corvette? how do you like it?
Replies: 51
Views: 5434

Re: anyone own a stingray corvette? how do you like it?

Halicar wrote:
Fri Feb 02, 2018 9:21 am
jdb wrote:
Sun Jul 31, 2016 6:59 am
these may be cars for younger guys.
There is literally no car in existence that is more of an old man car than a Corvette.
I think the Maserati and Aston Martin compare in demographics.
by Ozonewanderer
Wed Jan 31, 2018 10:41 pm
Forum: Personal Consumer Issues
Topic: anyone own a stingray corvette? how do you like it?
Replies: 51
Views: 5434

Re: anyone own a stingray corvette? how do you like it?

To the OP. The most important thing I learned through my Corvette ownership is..... never buy a new one! This is even more the case with a Corvette than most other vehicles because many Corvettes are coddled and babied - for example driven very few miles, never driven in the rain, always garaged, a...
by Ozonewanderer
Fri Jan 26, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Restricted application will discontinue?
Replies: 8
Views: 1026

Re: Restricted application will discontinue?

Since you were over FRA at the time of his death your benefit should be automatically converted from benefits as a divorced spouse to benefits as a surviving divorced spouse. Your benefit amount will increase to the amount the deceased was receiving at the time of his death. The first month the ben...
by Ozonewanderer
Sat Jan 13, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 2% 12 month CD expires tomorrow
Replies: 13
Views: 2515

Re: Ally Bank 2% 12 month CD expires tomorrow - Lost confidence

Ally is screwing up big time, First they messed up adding my name as the Trustee on my wife's trust account, when orally they admitted their mistake multiple times, as they could see my name clearly on her Trust account papers they have on file & promised the correction & it took 4 phone calls, a f...
by Ozonewanderer
Mon Jan 01, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 2% 12 month CD expires tomorrow
Replies: 13
Views: 2515

Re: Ally Bank 2% 12 month CD expires tomorrow

I appreciate the tips from both of you! It sounds like the perfect solution to my current need. I'll look into this immediately.
Thanks.
by Ozonewanderer
Mon Jan 01, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement decision help!
Replies: 68
Views: 6502

Re: Retirement decision help!

The company I work for recently (available in January of 2018) added a Lump sum payment option to their pension plan. I will retire in January of 2019 at age 55 and will have the below pension plan payment options available at retirement. I believe taking the lump sum is a no brainier, however seve...
by Ozonewanderer
Mon Jan 01, 2018 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Sell a winning stock to rebalance Roth IRA?
Replies: 7
Views: 668

Re: Sell a winning stock to rebalance Roth IRA?

I've experienced great returns from investing into Nvidia within my Roth IRA. If you would take some off the table, how much is optimal to maximize future growth while protecting against the downside? If you sell enough of the stock to reap your original investment in NVIDIA, your remaining shares ...
by Ozonewanderer
Sun Dec 31, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 10268

Re: I Want to Buy a Horrible, Expensive Car

I vote for you to go ahead and buy a car that gives you enjoyment. It is too large an investment for it to just be "meh" and no fun. OTOH, I personally would say, "Can't you find a better car than the Land Rover?" My neighbors had one and got stranded in a rural area because it just stopped running,...
by Ozonewanderer
Mon Nov 20, 2017 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring $$ from Ally
Replies: 19
Views: 1482

Re: Transferring $$ from Ally

I don't know which is better but I do suggest doing your transfer way in advance of when you need it. I was buying a house and had parked nearly $200k at Ally. When I needed the money to close on the house I transferred it out of Ally but it "disappeared." It got lost somewhere in transit. They foun...
by Ozonewanderer
Sat Jul 08, 2017 9:08 pm
Forum: Personal Consumer Issues
Topic: Doing dishes while camping
Replies: 38
Views: 3250

Re: Doing dishes while camping

Go to youtube.com and search, then watch. I camp single, double, and with a large group of say 8 people. Let's say we are cooking on a stove a big one-pot meal such as Kung Pao chicken or Thai curry w/chicken or jambalaya. We will scrape out the pot with a spatula (nylon or silicone) to serve into ...
by Ozonewanderer
Wed Jun 21, 2017 9:26 pm
Forum: Personal Consumer Issues
Topic: Good camera - new baby coming
Replies: 64
Views: 5837

Re: Good camera - new baby coming

I get so mad when my iPhone takes better photos than my $2300 Sony A7 with Zeiss 55 mm lens. And that's frequently.

The new iPhone 7+takes photos in Portrait mode giving the clear subject, fuzzy background image.
by Ozonewanderer
Sun Jun 18, 2017 10:16 pm
Forum: Personal Consumer Issues
Topic: Which motorcyle?
Replies: 26
Views: 2025

Re: Which motorcyle?

A V-Twin engine will give more torque and be easier to ride from a standing start. It helps in control of the bike especially with a second rider. I would start with a minimum of 800 cc for two up riding around town. Harleys make the most V-Twin bikes. They are American made, good quality, and sexy ...
by Ozonewanderer
Fri Jun 02, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: How do you fight the urge to micromanage?
Replies: 57
Views: 5454

Re: How do you fight the urge to micromanage?

Paul[/quote] I've only gotten into total market index funds and total bond index funds. There's nothing to micromanage. I'm just new to this investing thing, and I'm an upcoming software developer, so I like to tinker with something until I have control over it. So this watching something for years ...
by Ozonewanderer
Fri Jun 02, 2017 2:31 pm
Forum: Investing - Theory, News & General
Topic: How do you fight the urge to micromanage?
Replies: 57
Views: 5454

Re: How do you fight the urge to micromanage?

jalbert wrote:If you invested at Vanguard, have them disable online access to your account, and just look at quarterly ststements they mail to you.
Seriously, is this possible?
by Ozonewanderer
Thu Jun 01, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: How do you fight the urge to micromanage?
Replies: 57
Views: 5454

Re: How do you fight the urge to micromanage?

A couple of ideas: -- Take a small amount of your portfolio, say 5%, and invest it as you wish by your own whim or theory. Maybe you will beat the market! Yay! But if the pot goes empty you got to leave the rest of the portfolio alone for a while. -- What I do when I get the twitch to tinker is reba...
by Ozonewanderer
Fri May 26, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for advice/reassurance on what to do with $4-5m
Replies: 63
Views: 7159

Re: Looking for advice/reassurance on what to do with $4-5m

I have so little in the IRA/Roth accounts. Should I still contribute the max every year? Is that the only option to get more money into tax advantaged accounts? I know I should talk to my accountant more about this. I have been avoiding that conversation. Thanks and appreciate any feedback. :shareb...
by Ozonewanderer
Fri May 26, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: Eliminating Single Positions and Moving to Index Fund
Replies: 28
Views: 4135

Re: Eliminating Single Positions and Moving to Index Fund

WildBill wrote: This is about as clear an example of a high quality problem as I can think of.

Happy capital gaining
Ha ha! So true! We should all be so lucky that our big problem is what to do with all the money we made!!!
:P
by Ozonewanderer
Fri May 26, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: Eliminating Single Positions and Moving to Index Fund
Replies: 28
Views: 4135

Re: Eliminating Single Positions and Moving to Index Fund

...you probably know that capital-gains are cancelled at the owner's death. This makes it usually worthwhile for elderly owners to continue holding unwanted but profitable securities. Rumor has it that providing a stepped up basis for inheritance of stocks might go away with the proposal to elimina...
by Ozonewanderer
Thu May 25, 2017 10:45 pm
Forum: Investing - Theory, News & General
Topic: Eliminating Single Positions and Moving to Index Fund
Replies: 28
Views: 4135

Re: Eliminating Single Positions and Moving to Index Fund

WRT questions in red above, there are about 75 stocks in the portfolio, where the top 13 make up 25% of the value. Almost all domestic, all large/mid cap stocks. Current dividend yield across these stocks is about 2.2%. I am in the highest tax bracket, both marginal and capital gains. Using dividen...
by Ozonewanderer
Thu May 25, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: Eliminating Single Positions and Moving to Index Fund
Replies: 28
Views: 4135

Re: Eliminating Single Positions and Moving to Index Fund

You might also want to wait for a year or so to see how the "tax reform" plays out. It is possible that there will be some changes that may affect your situation.
by Ozonewanderer
Wed May 24, 2017 11:30 pm
Forum: Investing - Theory, News & General
Topic: Eliminating Single Positions and Moving to Index Fund
Replies: 28
Views: 4135

Re: Eliminating Single Positions and Moving to Index Fund

How many stocks do you hold? If you have enough you may not gain anything by getting into an S&P 500 type index fund because you will already approach the volatility (risk) of the index fund. According to Malkiel's A Random Walk Down Wall Street : "...when thirty securities are selected for our port...
by Ozonewanderer
Tue May 23, 2017 9:08 pm
Forum: Personal Consumer Issues
Topic: Luxury Vinyl: Educate Me
Replies: 15
Views: 2822

Re: Luxury Vinyl: Educate Me

Shoot. I thought this thread was about record albums. :oops:
by Ozonewanderer
Tue May 23, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 2797

Re: Missed window for selling Fairholme Fund (FAIRX)?

It sounds like you are asking us if we can predict the future for you. If we told you we could and then told you what to do, why in the world would you listen to us?

As usual, Nispirius is so clear headed.
by Ozonewanderer
Thu May 11, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Who really needs an umbrella insurance?
Replies: 40
Views: 7036

Re: Who really needs an umbrella insurance?

LeeMKE wrote:I added umbrella coverage when I married a guy with 2 teenage kids.
:D :D :D :D
by Ozonewanderer
Thu May 11, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to maximize SS
Replies: 6
Views: 1085

Re: How to maximize SS

This stuff is not easy and I do not consider myself dumb. After reading Mike Piper's book (which I do recommend) my head hurt. I even wrote to Mike to ask him questions. I heartily recommend SocialSecuritySolutions.com which will run simulation for you to give you their best solution. Yeah it costs ...
by Ozonewanderer
Thu May 11, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 24269

Re: Buying a luxury car (how dumb would it be to do this?)

Clearly from your personal finances it is not a questions of whether you can afford the car. My guess is that you are asking because you are afraid you will feel guilt and the question will be whether this guilt will outweigh the pleasure. I am a gearhead too, and I bought my first "luxury" car arou...
by Ozonewanderer
Thu May 11, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Who really needs an umbrella insurance?
Replies: 40
Views: 7036

Re: Who really needs an umbrella insurance?

Insurance is ALWAYS a waste of money... until you need it.
by Ozonewanderer
Wed Apr 19, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 10290

Re: Mens Blue Jeans - What are we buying now?!

Aren't we supposed to look like Dork's when in our 60's? :D Or at least not care how we look? :D My daughter cares when she is seen with me! And soon I meet her new boyfriend and possibly his family! :) I just went to the "7 for All Mankind" website out of curiosity. I guess I have no fashion sense...
by Ozonewanderer
Wed Apr 19, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 10290

Re: Mens Blue Jeans - What are we buying now?!

DaftInvestor wrote:
Ozonewanderer wrote:As I got older (60's) my daughter said that I look like a dork in those jeans.
Aren't we supposed to look like Dork's when in our 60's? :D
Or at least not care how we look? :D
My daughter cares when she is seen with me! And soon I meet her new boyfriend and possibly his family!
by Ozonewanderer
Wed Apr 19, 2017 1:11 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 10290

Re: Mens Blue Jeans - What are we buying now?!

I wore Levis all my life. I liked them because they were cheap, reliable, and I did not have to think. I hate buying clothes. I pretty much wear jeans everyday for just about all occasions including going to parties and out to dinner. As I got older (60's) my daughter said that I look like a dork in...
by Ozonewanderer
Tue Mar 28, 2017 10:54 pm
Forum: Personal Consumer Issues
Topic: thoughts on in-ceiling speakers?
Replies: 48
Views: 6521

Re: thoughts on in-ceiling speakers?

Speakers that present the high frequency range of sound (tweeters) disperse sound less than 45 degrees off center axis. The sound becomes increasingly "muted" off that center because you lose the high frequencies. So you want the front speakers to be facing you, not shooting down from the ceiling. I...
by Ozonewanderer
Sun Mar 26, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Where's the sweet spot in the cost/benefit curve for floor speakers?
Replies: 40
Views: 3384

Re: Where's the sweet spot in the cost/benefit curve for floor speakers?

My husband and I heard some Sonus Faber Cremona floor speakers a decade ago, at a Best Buy/Magnolia Stereo center. We literally had goosebumps from the sound. This past year, DH hunted down a pair (used) from an audio dealer in Canada, and bought them for my birthday. We then had to replace our 25 ...
by Ozonewanderer
Wed Mar 22, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Where's the sweet spot in the cost/benefit curve for floor speakers?
Replies: 40
Views: 3384

Re: Where's the sweet spot in the cost/benefit curve for floor speakers?

I have a high end two speaker stereo system (approx $45k). I posted the story of how I ended up with it on Reddit, and in the hopes it may be instructive I am sharing this story with you. (Short answer: buy with your ears and heart, not by price, brand names or technical specs. Is the moral perhaps...
by Ozonewanderer
Wed Mar 22, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Friend will be laid off in a month - what should he do first?
Replies: 8
Views: 1504

Re: Friend will be laid off in a month - what should he do first?

One other thing not covered: Bulk up that emergency fund: quit *investing* and double down on *saving* I would agree with this suggestion if your friend does not have enough to live on - then he should set aside more cash. OTOH if he does have access to some savings (not retirement funds) and can l...
by Ozonewanderer
Wed Mar 22, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: Where's the sweet spot in the cost/benefit curve for floor speakers?
Replies: 40
Views: 3384

Re: Where's the sweet spot in the cost/benefit curve for floor speakers?

I have a high end two speaker stereo system (approx $45k). I posted the story of how I ended up with it on Reddit, and in the hopes it may be instructive I am sharing this story with you. (Short answer: buy with your ears and heart, not by price, brand names or technical specs.) --------------------...
by Ozonewanderer
Sun Mar 05, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Second home or not ready
Replies: 56
Views: 5863

Re: Second home or not ready

I want to disregard the financial perspective because it is obvious that the additional expense is a drain and the possibility of a capital gain is about the same as investing in equities over the long term. I have had two homes for a while (different two homes over the past 12 years) and the real ...
by Ozonewanderer
Fri Mar 03, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Second home or not ready
Replies: 56
Views: 5863

Re: Second home or not ready

I want to disregard the financial perspective because it is obvious that the additional expense is a drain and the possibility of a capital gain is about the same as investing in equities over the long term. I have had two homes for a while (different two homes over the past 12 years) and the real i...
by Ozonewanderer
Fri Feb 10, 2017 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Life insurance policy question
Replies: 23
Views: 1745

Re: Life insurance policy question

Ok gang, A little I learned today. So I have cash value of $2,700 for the policy, but my surrender is $2,800. It's calculated as such via the contract: $19.23 (the rate for surrender from my policy start age, which was 31) X the face value of $150,000 / 1,000 = $2,800. So as of today, I'd get $0 ca...
by Ozonewanderer
Wed Feb 08, 2017 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Life insurance policy question
Replies: 23
Views: 1745

Re: Life insurance policy question

Hello all, As I'm sure many of you do, I maintain a nice excel spreadsheet for my portfolio which includes 401k, IRAs, savings etc. My question is, do I also include my 3rd party life insurance policy in these calculations? I have a 150k policy purchased in Oct 2013. The current cash value is a lit...
by Ozonewanderer
Sun Feb 05, 2017 1:18 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 4602

Re: bond funds vs owning individual bonds

...If you hold individual bonds I assume that you would ladder them with the intent of letting them grow to maturity , then buy new ones at then current rates. So a bond ladder is a collection of bonds that mature at various times. A bond fund is a collection of bonds that mature at various times. ...
by Ozonewanderer
Sun Feb 05, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 4602

Re: bond funds vs owning individual bonds

Individual bonds (or similar CDs) can make sense if the maturity of the bond (or CD) fits well with the expected need for the funds. So, for example, if you have the expected need for, say, $20,000 in 2022 - then bond(s) maturing in 2022 could make more sense than keeping in a bond fund. Yes, I tot...
by Ozonewanderer
Sat Feb 04, 2017 5:01 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 4602

Re: bond funds vs owning individual bonds

Individual bonds (or similar CDs) can make sense if the maturity of the bond (or CD) fits well with the expected need for the funds. So, for example, if you have the expected need for, say, $20,000 in 2022 - then bond(s) maturing in 2022 could make more sense than keeping in a bond fund. Yes, I tot...
by Ozonewanderer
Fri Feb 03, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement Cost coverage for home?
Replies: 4
Views: 643

Re: Replacement Cost coverage for home?

You are paying a premium for a potential insurance benefit payment in the event of a loss. The maximum amount of insurance benefit you can buy is limited by the value of your house. Presumably the cost of insurance per dollar of benefit, regardless of coverage amount, is the same because the underly...
by Ozonewanderer
Fri Feb 03, 2017 10:25 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 4602

Re: bond funds vs owning individual bonds

I researched and considered this question at length last year and concluded I would stay with bond funds. My reasons are captured perfectly in this article. Falling off the bond ladder, March 3, 2014: http://www.marketwatch.com/story/falling-off-the-bond-ladder-2014-03-03 If you hold individual bond...