Search found 984 matches

by czeckers
Mon Apr 30, 2018 11:39 am
Forum: Personal Consumer Issues
Topic: Bicycle Questions
Replies: 44
Views: 2365

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: 5819

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: 4695

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: 1666

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: 1666

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: 4021

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

The OLEDs are spectacular.
by czeckers
Thu Mar 29, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Other than simplicity/convenience, what's the case to be made for a total bond portfolio?
Replies: 14
Views: 1083

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: 1666

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: 1666

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: 1666

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: 1666

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: 13295

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: 1666

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: 12255

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: 1090

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

Bad things can happen... very bad things.
by czeckers
Fri Feb 23, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 2602

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...
by czeckers
Fri Feb 23, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 2602

Re: Young Investor: Investing In A Bear Market

Mathematically speaking, the advice that you should just remain invested in the market and ignore the noise will probably be correct. However, there is a school of thought that novice investors should be invested fairly conservatively until they've tested their risk tolerance in a bear market. Theor...
by czeckers
Fri Feb 23, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 2% return?
Replies: 34
Views: 2884

Re: Guaranteed 2% return?

Since you can withdraw the principal from a Roth penalty free, this might work on a smaller scale where the amount might be $5,000 or less. However, with $1M, there is no way to contribute such a large amount into a Roth or any other tax-deferred vehicle. I also wouldn't use a 10-year treasury to fu...
by czeckers
Fri Feb 23, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 2% return?
Replies: 34
Views: 2884

Re: Guaranteed 2% return?

The best 5 year CD I could find on bankrate.com is 2.65% On a $1M amount, the excess 0.65% would earn you almost $33,000. However, the total interest on the CD would total almost $140,000. So if your taxes on the $140,000 would be less than $33,000, then you come out ahead. Otherwise, the differenti...
by czeckers
Fri Feb 23, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: Terminology question: what does "losing money" mean?
Replies: 71
Views: 3149

Re: Terminology question: what does "losing money" mean?

I keep a quarter in my car for the shopping cart at Aldi's. I went there the other day and couldn't find my quarter.

That's losing money. :twisted:
by czeckers
Fri Feb 23, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How Do People Without Computer Access Prepare and File Their Taxes?
Replies: 53
Views: 3171

Re: How Do People Without Computer Access Prepare and File Their Taxes?

You can call 800-TAX-FORM and have any form mailed to you. There is no charge for this service. I presume that this requires you to know, in advance, what specific forms you will need. But if you discover, midway through preparing your taxes, that you need another form, do you have any idea on how ...
by czeckers
Thu Feb 22, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 38030

Re: What UN-frugal thing do you do?

Have lots of children
by czeckers
Mon Feb 19, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: What does it mean to be "in cash"?
Replies: 21
Views: 1380

Re: What does it mean to be "in cash"?

I always thought that meant swimming in your money vault like Scrooge McDuck.
by czeckers
Mon Feb 19, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Home Insurance Claim by Previous Owners
Replies: 8
Views: 1111

Re: Home Insurance Claim by Previous Owners

It sounds like the damage was discovered after you became the owner of the home. Thus, unfortunately it makes it your problem. That's why the inspection and final walk through are so important. If you're going to file a claim, it should be with your insurance company. The only way you would have any...
by czeckers
Fri Feb 16, 2018 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 12027

Re: Did you learn anything from the market correction?

People would freak out less if they tracked number of shares owned rather than the value of those shares.
by czeckers
Thu Feb 15, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth - How am I doing?
Replies: 14
Views: 2534

Re: Net Worth - How am I doing?

Looks like you are doing pretty well. If you are debt free and are maxing out your 401k and Roth IRA every year and are also contributing to a taxable account, that's fantastic! Here are links to some comparable data: Average Net Worth by Age The Average Net Worth for the Above Average Person
by czeckers
Thu Feb 15, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Unfinished basement ideas
Replies: 41
Views: 5470

Re: Unfinished basement ideas

Another option for finishing the floor is an epoxy finish. It looks good, is durable, and ok to get wet. I live in a cold climate, and having 3" of foam sprayed into the rim joist cavity all around the house made a pretty significant difference in comfort and energy costs. We paid $800 for a 1500 sq...
by czeckers
Mon Feb 12, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Network for Good
Replies: 6
Views: 636

Re: Network for Good

If you donate directly to the charity, Network for Good will not take its commission and more money will go directly to the charity. I agree with you. Unfortunately, this is a small charity that doesn't have the staff to handle direct donations. As far as I can tell, they charge a flat 3% transacti...
by czeckers
Mon Feb 12, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Network for Good
Replies: 6
Views: 636

Network for Good

Does anyone have experience donating to a charity through the Network for Good donor management service? I'm looking to set up a recurring donation to a charity that uses them. My big question is how they handle receipts and whether they'll send out a year-end statement for tax reporting purposes. A...
by czeckers
Mon Feb 12, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Mesh wifi solution sought for new house
Replies: 46
Views: 2659

Re: Mesh wifi solution sought for new house

Ah the perennial quest for good wifi... We have tried Luma which I do not recommend. We had a network of 6 Lumas, 3 of which failed within two years. Also had devices getting dropped off the network periodically. Now we have a pair of Netgear Orbi's. For some reason one of our Roku devices keeps get...
by czeckers
Thu Feb 08, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 607
Views: 147199

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

That was very informative. Thank you.
by czeckers
Thu Feb 08, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1403869

Re: U.S. stocks in freefall

Most of the time, this thread resurfacing is my only indicator that the markets have gone down presenting a possible buying opportunity.
by czeckers
Thu Feb 08, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 607
Views: 147199

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

I've always wondered whether a precious metal mining fund such as VGPMX would be a workable substitute for GLD. My money is in retirement funds and I have access to mutual funds but not ETFs. So I took the chart provided by GratefulinNC substituting VGPMX instead of GLD. To my surprise I saw that VG...
by czeckers
Thu Feb 08, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 607
Views: 147199

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Wondering whether a precious metal mining fund such as VGPMX would be a workable substitute for GLD. My money is in retirement funds and I have access to mutual funds but not ETFs.
by czeckers
Thu Feb 08, 2018 7:52 am
Forum: Personal Consumer Issues
Topic: Who has had a pool?
Replies: 79
Views: 4573

Re: Who has had a pool?

Our current house has an above ground pool that was installed by the previous owner. Prior to this we never had a pool and I was generally ambivalent about them. During the summer our kids use it almost daily, though usually just for a brief dip. The pool is fairly labor intensive. Every day you hav...
by czeckers
Thu Feb 01, 2018 12:14 pm
Forum: Personal Consumer Issues
Topic: How to ship two big tubs of butter internationally?
Replies: 43
Views: 3590

Re: How to ship two big tubs of butter internationally?

We always leave our butter out at room temp. It's much easier to spread when it's not rock hard from being in the fridge. Never had it go rancid, even in the summer without AC (though it might get very soft at that point).
by czeckers
Wed Jan 31, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Using 529 for grade school- help with strategy
Replies: 45
Views: 4222

Re: Using 529 for grade school- help with strategy

I would rather save for their grad school in you situation. My plan is saving for college and grad school for our 2 kids. Any left over money will be there for their own kids. Just like any tax advantage plank I want to see the max growth before withdrawal. Good luck. In my case, these are not mutu...
by czeckers
Tue Jan 30, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: Low depth elongated toilet?
Replies: 21
Views: 1999

Re: Low depth elongated toilet?

Good luck. Please let us know how things work out.
by czeckers
Tue Jan 30, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Using 529 for grade school- help with strategy
Replies: 45
Views: 4222

Re: Using 529 for grade school- help with strategy

Even if you could why would you want to do it? One scenario: I'm paying ~$10K/year for private school right now. I'm already done saving for college. I get to deduct from my state reportable income the first $10K I contribute to my state's 529. So, in theory, I may be able to use pretax dollars ins...
by czeckers
Mon Jan 29, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tax estimator that includes AMT?
Replies: 7
Views: 863

Re: Tax estimator that includes AMT?

Thank you for the responses.
by czeckers
Mon Jan 29, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Low depth elongated toilet?
Replies: 21
Views: 1999

Re: Low depth elongated toilet?

To the OP: is the 27.5" from the wall to the front of the toilet? Or the depth of the toilet itself? There are probably differences between different toilets with respect to how close they sit to the back wall. Unfortunately you may not know whether a toilet will work until you try it. Toto toilets ...
by czeckers
Thu Jan 25, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: Small Value Premium - How Do You View It?
Replies: 95
Views: 7392

Re: Small Value Premium - How Do You View It?

I think it is reasonable to tilt, and I do so with my portfolio. However, one has to understand that the tilts can underperform the large indexes such as the S&P500 for very long periods of time, particularly when large growth is outperforming. One has to have the conviction to stick to the tilted p...
by czeckers
Thu Jan 25, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1821
Views: 329769

Re: What are you up YTD? [Year To Date]

It can be addictive to watch the portfolio balance going up and up in a bull market. However, gut wrenching in a bear. If you can avoid looking at your balances, you'll probably be better off.
by czeckers
Thu Jan 25, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Swing Shift vs 8-5
Replies: 32
Views: 2202

Re: Swing Shift vs 8-5

With school age children, a fixed night shift could work out as well. You sleep while kids are at school and are home in the morning before they go to school and can have dinner with the family before going to work. Probably not a good idea with younger children unless you can find some isolated spa...
by czeckers
Thu Jan 25, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax estimator that includes AMT?
Replies: 7
Views: 863

Tax estimator that includes AMT?

Does anyone know of a good tax estimator calculator that includes AMT? I live in a high tax state and have been paying about $6,000 AMT tax in the past, after deducting state/local/property taxes. I'm trying to figure out whether my tax situation for the coming year will be any different. On one han...
by czeckers
Thu Jan 25, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: How do you decide how wealthy you really are?
Replies: 58
Views: 8123

Re: How do you decide how wealthy you really are?

Wealthy = having more wealth than your wife's friends. :twisted:
by czeckers
Thu Jan 25, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: Dalio says bonds have entered a bear market
Replies: 96
Views: 9820

Re: Dalio says bonds have entered a bear market

The issue with bonds may not be consequential to those in the accumulation phase that have a long way to go, but it is certainly a concern to those that are in retirement. No one is disputing that bonds are entering a bear market, interest rates can only go up. This means that an investor that depe...
by czeckers
Thu Jan 25, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Two commas for a day
Replies: 14
Views: 2296

Re: Two commas for a day

I do wish there was a greater emphasis on the number of shares owned. It might help alleviate some of the anxiety.
by czeckers
Tue Jan 23, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: Is a minivan the only commuter vehicle / backup with 3 children?
Replies: 40
Views: 2616

Re: Is a minivan the only commuter vehicle / backup with 3 children?

I don't understand why both vehicles have to be capable of transporting all the children. If you are taking all 3, then just take the minivan. If you are taking 1 or 2, then you can use either a small sedan/SUV or the minivan. If your concern is "just in case" the minivan breaks down or is unavailab...