Search found 1018 matches

by czeckers
Fri Jan 24, 2020 4:45 pm
Forum: Personal Consumer Issues
Topic: Baby registry "must haves"?
Replies: 64
Views: 2720

Re: Baby registry "must haves"?

From a father of 9: Commercial grade breast pump if breastfeeding. Tons of formula if not. I'd caution against using formula as a bridge to breastfeeding as mentioned above. Milk may not come in if baby is getting food elsewhere. +1 Chico key fit seat and stroller combo. Get an extra car seat base i...
by czeckers
Thu Dec 26, 2019 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Boglehead Thoughts on House Size to Family Size
Replies: 53
Views: 3977

Re: Boglehead Thoughts on House Size to Family Size

My experience is that how a house is laid out and how usable the spaces are is much more important than square footage. You can get a very functional 4 bedroom house in 1800 square feet if it has a basement. Or you can have a terribly laid out 3000 sq ft house that still won't work well You didn't s...
by czeckers
Tue Dec 24, 2019 10:51 pm
Forum: Personal Investments
Topic: VTIAX and emerging markets
Replies: 28
Views: 1821

Re: VTIAX and emerging markets

I overweight emerging markets substantially--50% of ex-us, 25% of equities--but my preference would be to hold separate developed and emerging markets funds, not an all-in-one fund with a side of EM. The only way that I would hold both VTIAX and VEMAX would be if my 401(k) had only VTIAX. As it is,...
by czeckers
Tue Dec 24, 2019 10:39 pm
Forum: Investing - Theory, News & General
Topic: If You Only Invest in an Index, You’ll Never Beat It
Replies: 100
Views: 9809

Re: If You Only Invest in an Index, You’ll Never Beat It

Clever_Username wrote:
Tue Dec 24, 2019 7:46 pm
It's true, but I also won't under-perform it by a meaningful amount.
+1
by czeckers
Tue Dec 24, 2019 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: 46 Years Old - Term Life Insurance - How much, how long?
Replies: 9
Views: 1298

Re: 46 Years Old - Term Life Insurance - How much, how long?

15 year term should be plenty. That's the high risk eriod for your family. After that, house will be paid off and kids through school. At your current savings rate, you should have a $3M+ portfolio which should be plenty to sustain your wife. If you feel that wouldn't be enogh, you can use a 20 year...
by czeckers
Tue Dec 24, 2019 10:27 pm
Forum: Investing - Theory, News & General
Topic: Everyone's Financial 'Infrastructure'
Replies: 33
Views: 3710

Re: Everyone's Financial 'Infrastructure'

Paycheck gets deposited into multiple accounts, each designated for a specific purpose: Local bank checking for spending money for gas, groceries, clothes, etc. Nearly zero interest but easy ATM access. Local bank checking for charitable spending. Online bank high interest checking for fixed recurri...
by czeckers
Tue Dec 24, 2019 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Locking in natural gas price--good idea?
Replies: 9
Views: 863

Re: Locking in natural gas price--good idea?

You may get better prices in the summer.
by czeckers
Mon Dec 23, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 86923

Re: Flaunt Your High-Mileage Car

I think the fuel line ruptured in the engine bay. A clear liquid was noted under the engine immediately after the accident and the car was completely engulfed 10 minutes later.

I chuckle when people say you shouldn't get an electric car because the batteries might catch on fire.

-K
by czeckers
Mon Dec 23, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: What tech wiring in new build house?
Replies: 124
Views: 7010

Re: What tech wiring in new build house?

As you've pointed out, most of today's tech is wireless. First, think about where you will put the modem, usually near where utilities enter house. Make sure there is an outlet nearby. Next, you want to think about where to put your router(s) and have an outlet and coax cable drop there. Run cat 5 f...
by czeckers
Sat Dec 21, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1412
Views: 366013

Re: Share your net worth progression

"I started with nothing, and have most of it left." I wish I remembered where that quote came from. -K My wealth progression: Started with zero, went way negative after education, then clawed my way back to zero through maxing out my retirement plans. Now, 12 years of maxing out my retirement plan c...
by czeckers
Sat Dec 21, 2019 3:29 pm
Forum: Personal Consumer Issues
Topic: Millionaire Teacher - Andrew Hallam
Replies: 65
Views: 8820

Re: Millionaire Teacher - Andrew Hallam

Andrew Hallam actively writes articles on his website as well as on the assetbuilder.com site and the posts are generally interesting. He lives outside the US and travels quite a bit and thus has a unique perspective on what's going on in the markets.
by czeckers
Fri Dec 20, 2019 6:52 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 86923

Re: Flaunt Your High-Mileage Car

2009 Subaru Legacy, got to 163K and then it burned down after my son hit a deer.

2013 Nissan NV3500, 170K
by czeckers
Fri Dec 20, 2019 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Help with Home purchase--How much to put down
Replies: 18
Views: 926

Re: Help with Home purchase--How much to put down

For 2020 the limit for a conforming loan will be $510,400.
by czeckers
Thu Dec 19, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Help with Home purchase--How much to put down
Replies: 18
Views: 926

Re: Help with Home purchase--How much to put down

I would put down enough to not have a jumbo mortgage. For 2019, that would be cost of house - $484,350. No sense in paying extra interest.
by czeckers
Thu Dec 19, 2019 10:49 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 2350
Views: 190899

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I'm not sure back testing is very useful for anything other than seeing how a portfolio will perform under certain specific market conditions that occurred in the past. For example, testing a portfolio while looking at specific time periods of inflation or deflation. The type of back tests you are t...
by czeckers
Thu Dec 19, 2019 10:36 am
Forum: Investing - Theory, News & General
Topic: Enhanced AA
Replies: 33
Views: 1807

Re: Enhanced AA

There of course are ways to do very precise calculations, however precision does not equate to accuracy since the future is unknowable. There are also philosophical differences in how people arrive at a desired AA. Depending on whether your focus is on maximizing income, minimizing downside risk, or...
by czeckers
Wed Dec 18, 2019 7:58 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 2350
Views: 190899

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

The approach of using leverage early on in life sounds great on paper, but is harder to do in real life. The problem with leverage is that it can wipe you out if you face a crash early on. Look at past posts by market timer: https://www.bogleheads.org/forum/viewtopic.php?t=5934 . He did exactly that...
by czeckers
Wed Dec 18, 2019 7:45 pm
Forum: Investing - Theory, News & General
Topic: Enhanced AA
Replies: 33
Views: 1807

Re: Enhanced AA

As you’ve alluded to in your example, the answer depends on your personal situation. 40% is quite conservative but maybe appropriate for someone at or near retirement. If I was 40% for a simplified AA, I would agree with you. But I am 50% for simplified AA and 40% for enhanced AA. My general feelin...
by czeckers
Wed Dec 18, 2019 7:30 pm
Forum: Personal Consumer Issues
Topic: Quality Power-Tool Brands
Replies: 93
Views: 5420

Re: Quality Power-Tool Brands

Porter Cable is Black and Decker's mid-grade brand, not the same level as the others mentioned. I'd compare them to Ridgid, and some of the better Ryobi and Craftsman tools. Still a good choice for general use, though. I'd put Bosch roughly on par with Makita and Milwaukee. Definitely not "the rest...
by czeckers
Wed Dec 18, 2019 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is any one uncomfortable with their wealth?
Replies: 152
Views: 11586

Re: Is any one uncomfortable with their wealth?

I'd check whether it's time to re-balance between stocks and bonds to make sure that my asset mix is in line with my desired asset allocation. That's about it.

-czeckers
by czeckers
Wed Dec 18, 2019 5:50 am
Forum: Investing - Theory, News & General
Topic: Enhanced AA
Replies: 33
Views: 1807

Re: Enhanced AA

As you’ve alluded to in your example, the answer depends on your personal situation. 40% is quite conservative but maybe appropriate for someone at or near retirement.
by czeckers
Wed Dec 18, 2019 5:46 am
Forum: Personal Consumer Issues
Topic: Quality Power-Tool Brands
Replies: 93
Views: 5420

Re: Quality Power-Tool Brands

Whatever brand tool you buy, you are buying into their entire lineup. Because batteries are so expensive and not too nterchangeable between brands, people will stick with the same brand and swap a couple of batteries between all their tools. Festool is the top of the heap but super expensive Then De...
by czeckers
Thu Dec 12, 2019 1:48 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1260
Views: 167721

Re: Mini Milestone 100K

A number of zeros might feel good, but the better yardstick is a multiplier of your gross income (1X, 2X, 4X, 8X). I was at 3x of gross income, but then I got a new job with a substantial raise and am now at only 2x income. :) or :x Hmmm :D Probably a multiple of annual spending would be the most r...
by czeckers
Sat Nov 30, 2019 6:35 pm
Forum: Personal Investments
Topic: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?
Replies: 35
Views: 10725

Re: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?

If you are in your 20s and have $400,000 in investments, you are doing very well. Congratulations! I would say that a defensive strategy, though not as exciting is much more appropriate for your situation. Even if you invest very conservatively and only get a 5% annual return, and don't add another ...
by czeckers
Sat Nov 30, 2019 6:15 pm
Forum: Personal Consumer Issues
Topic: OMG My New House is SO Drafty!
Replies: 58
Views: 8261

Re: OMG My New House is SO Drafty!

You can't do much to air seal the walls. Maybe you can - https://www.greenbuildingadvisor.com/article/aeroseal-rolls-out-air-sealing-technology-for-houses I've seen that and it is brilliant technology. However, it's only practical for new construction before any of the interior finishes are in. As ...
by czeckers
Sat Nov 30, 2019 6:11 pm
Forum: Personal Consumer Issues
Topic: Is a minivan worth it?
Replies: 86
Views: 6322

Re: Is a minivan worth it?

If your driving needs primarily involve hauling a family, then a purpose-built family hauler is what you want. After you have a minivan, you'll wonder what you did without one. Look for one that it's easy to remove the seats or fold them flat. A minivan should be able to haul full sheets of plywood ...
by czeckers
Mon Nov 18, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: OMG My New House is SO Drafty!
Replies: 58
Views: 8261

Re: OMG My New House is SO Drafty!

As mentioned in one of the posts above, lack of air sealing in the attic is your culprit. This is pretty typical, even in new construction. Warm air rises, and since there is nothing to stop it from going up through the ceiling, it escapes out of the attic. This creates lower air pressure in the hou...
by czeckers
Mon Jul 15, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 205
Views: 35140

Re: Millionaire by 40 and How you Did it?

Combination of high income, frugal spouse, and aggressive saving early on combined with the good fortune to start career in 2008 around the market crash so have had a nice tail wind with the investment portfolio.
by czeckers
Fri Jun 28, 2019 9:31 am
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 18300

Re: What percentage of total portfolio in REIT's do you have? Why?

1) I now hold only the market weight of REITS in Vanguard Total Market Index (I believe around 3% in VTI) 2) I used to hold an extra 5% in a REIT index fund. I have gone away from that without a separate REIT allocation. I realize that Rick Ferri has said market weight does not reflect the entire c...
by czeckers
Thu Mar 28, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 33
Views: 2230

Re: How much house can we afford?

Buy the smallest house that you can live with. Expenses and maintenance seem to increase exponentially with house size. The key to happiness is keeping fixed expenses as low as possible.
by czeckers
Thu Mar 28, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: 11-year old with iPhone - advice on how best to manage?
Replies: 68
Views: 5295

Re: 11-year old with iPhone - advice on how best to manage?

I very much regret getting a smartphone for my children at 12 yo. There are no parental controls that they can't defeat and the OS makers (Apple and Android) don't seem to be trying very hard to make it easy for parents to control access. By giving them a phone you give them unfettered access to por...
by czeckers
Mon Nov 19, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Question for MDs: How much math required for med school?
Replies: 9
Views: 1122

Re: Question for MDs: How much math required for med school?

Basic level calculus is usually required. Statistics not always required but very very useful for understanding research articles and/or doing research.

In practice, I use basic algebra.
by czeckers
Mon Jun 25, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: "distilled" water for wife's CPAP machine
Replies: 74
Views: 6698

Re: "distilled" water for wife's CPAP machine

I'm curious why you write "distilled" water with the quotation marks? I sense a bias. Tap water tends to have minerals which, over time can build up in the CPAP machine causing problems. As mentioned above, water from the dehumidifier can pick up mold, bacteria and other contaminants from the air (a...
by czeckers
Thu Jun 14, 2018 7:20 am
Forum: Investing - Theory, News & General
Topic: New JUST ETF - thoughts?
Replies: 12
Views: 982

Re: New JUST ETF - thoughts?

My recollection is that socially responsible investing tends to lag the broader markets.
by czeckers
Mon Apr 30, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: Bicycle Questions
Replies: 48
Views: 4585

Re: Bicycle Questions

I would start off by having someone look at the bikes you have. If they've been neglected for a while, most places will offer a tune up that replaces tubes/tires and brake/shifter cables and cleans/lubricates moving parts. That should certainly be cheaper than buying a new bike. Bike frames, rims, a...
by czeckers
Wed Apr 04, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: NY passes law to get around SALT limit
Replies: 47
Views: 10487

Re: NY passes law to get around SALT limit

Property taxes as charitable contributions. Hahaha.
by czeckers
Fri Mar 30, 2018 8:14 am
Forum: Investing - Theory, News & General
Topic: Is backtesting worthless? Are there ANY insights you can get from it?
Replies: 69
Views: 6734

Re: Is backtesting worthless? Are there ANY insights you can get from it?

The primary usefulness of backtesting is to look at the performance of a specific portfolio under various market conditions. For example, look at the inflationary period of 1972-1980, deflation 1930-1933 and prosperity of the 1990's. If you have a portfolio that behaves reasonably well under all of ...
by czeckers
Thu Mar 29, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 2999

Re: Mutual funds that invest in physical gold?

not4me wrote:
Thu Mar 29, 2018 3:51 pm

What is your objection to the permanent portfolio....not solely gold?
No objection. I'm aiming for the "Golden Butterfly" variation of the PP. I was just trying to steer the discussion away from the pros/cons of the PP.
by czeckers
Thu Mar 29, 2018 9:16 pm
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 2999

Re: Mutual funds that invest in physical gold?

The Merk Fund. It invest in physical gold that is held in Perth Australia. But that's an ETF, right? OP needs a Mutual Fund. I don't think you are going to get a mutual fund. I don't think it would meet the diversification test that a mutual fund has to meet by law. That's a good point.
by czeckers
Thu Mar 29, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: LG 75" vs OLED 65" TV or Wait?
Replies: 44
Views: 12913

Re: LG 75" vs OLED 65" TV or Wait?

The OLEDs are spectacular.
by czeckers
Thu Mar 29, 2018 1:35 pm
Forum: Personal Investments
Topic: Other than simplicity/convenience, what's the case to be made for a total bond portfolio?
Replies: 14
Views: 1857

Re: Other than simplicity/convenience, what's the case to be made for a total bond portfolio?

Events that make the value of your corporate stocks go down, may affect their ability to make payments on their bond issues. It is for this reason that I prefer a treasury bond fund for diversification of my stock-heavy portfolio.
by czeckers
Thu Mar 29, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 2999

Re: Mutual funds that invest in physical gold?

Limited choice of funds. There is a brokerage window for mutual funds but not ETFs.
by czeckers
Thu Mar 29, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 2999

Re: Mutual funds that invest in physical gold?

I would love to use the ETFs. Unfortunately I only have access to Mutual Funds, not ETFs. I bet you can fix that... I'm fortunate to have access to a lot of tax-deferred space through my employer-based retirement accounts. Unfortunately, the brokerage window is limited to mutual funds only. The dec...
by czeckers
Thu Mar 29, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 2999

Re: Mutual funds that invest in physical gold?

The Touqueville Fund is the only one I've been able to find. Unfortunately, looking at the fund info, it appears to be primarily an active Precious Metals Mining Fund that happens to hold 15% of it's assets in physical Gold. They also seem to use leverage. The ER is a cringeworthy 1.39% Investment S...
by czeckers
Thu Mar 29, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 2999

Re: Mutual funds that invest in physical gold?

MP123 wrote:
Wed Mar 28, 2018 12:00 pm
Do you have an objection to the ETF vs. Mutual Fund structure for holding physical gold? They would seem to be quite similar from a practical standpoint.
I would love to use the ETFs. Unfortunately I only have access to Mutual Funds, not ETFs.
by czeckers
Wed Mar 28, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 18913

Re: Healthy eaters -- is this grocery budget normal to you?

We support a family of 11 on a food budget of $2,000/month. We buy all of our meat and much of our produce directly from the farms around us. Most other groceries from Aldi's, a discount grocer in our area. Eating healthy can mean a lot of things. Strictly speaking, limiting foods that have added su...
by czeckers
Wed Mar 28, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Mutual funds that invest in physical gold?
Replies: 27
Views: 2999

Mutual funds that invest in physical gold?

Are there any reasonable mutual fund alternatives to GLD or IAU (Gold ETFs)?

Ideally, the fund would buy physical gold rather than gold mining stocks, have a reasonable ER, and have no load.

Thank you.
by czeckers
Tue Feb 27, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 19057

Re: How Far is too Far, Commuting?

My regular job is a 30 min commute which didn't feel all that bad until I started working within walking distance of home on a few days. You quickly realize how much that extra hour in the car every day sucks the life out of you.
by czeckers
Tue Feb 27, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: "Don't tow an AWD vehicle"?
Replies: 13
Views: 1268

Re: "Don't tow an AWD vehicle"?

Bad things can happen... very bad things.
by czeckers
Fri Feb 23, 2018 1:02 pm
Forum: Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 3801

Re: Young Investor: Investing In A Bear Market

I'm a relatively young investor. I'm about to turn 30 and I've only been investing since 2010 so I still consider myself relatively new to the "game". Historically I've just invested in low expense ratio index funds that stratagize to match the market. I'm talking about assets like DIA, QQQ, VOO, e...