Search found 5318 matches

by protagonist
Thu Sep 20, 2018 12:09 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2806
Views: 560160

Re: What's Your Credit Card Rewards Strategy?

I'm waffling on which card I should get next. Overall goal is to build up airline points for future travel. Future destinations include Asia and Europe; can't be more specific at this time. At present I have a Chase Southwest RR VISA acquired last year as part of their California resident Companion...
by protagonist
Fri Sep 14, 2018 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6556

Re: Lower Return Decade Says Jack: Thoughts?

Look at his predictions ten years ago and see how well they match reality for this decade. Ten years ago, after the crash depressed market valuations, the theory forecasted returns more likely to be above the historical average than below it. The theory was correct. Care to point out anyone who in ...
by protagonist
Thu Sep 13, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6556

Re: Lower Return Decade Says Jack: Thoughts?

Look at his predictions ten years ago and see how well they match reality for this decade. Ten years ago, after the crash depressed market valuations, the theory forecasted returns more likely to be above the historical average than below it. The theory was correct. "theory"? That's a 50-50 chance....
by protagonist
Thu Sep 13, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6556

Re: Lower Return Decade Says Jack: Thoughts?

Look at his predictions ten years ago and see how well they match reality for this decade. My guess is that he probably did as well as anybody who enters the annual "Dow challenge" guessing game. If he nailed it, he was one really lucky guy. Who would have predicted a black president in 1998? Who wo...
by protagonist
Thu Sep 13, 2018 7:56 pm
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 2714

Re: Picking a Charity

Consider something local that you believe in and know about. That is probably best. If you go for something national or global, carefully research online how much of your money is going to administration and how much is actually getting to the source. Also consider that if you give to a specific cau...
by protagonist
Thu Sep 06, 2018 10:59 pm
Forum: Personal Consumer Issues
Topic: New Bike Suggestion
Replies: 40
Views: 2896

Re: New Bike Suggestion

I ride 10-30 miles/day, usually about 20-22 miles, 4-5 days/week, average about 14 mph. I ride a hybrid (about $500). I've tried $2000-4000 carbon bikes. IMHO they are probably slightly faster and shift slightly smoother but not more comfortable. The light weight does not seem to offer much differen...
by protagonist
Wed Sep 05, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5542

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

[ This is a good point, and it really makes me wonder if the early retirement people are taking a much bigger risk than they believe. It's tough to plan for a 50-year (for example) retirement when the world can change so radically in just 20 years. What is often ignored here is that "risk" is a dou...
by protagonist
Tue Sep 04, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5542

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

A 4% withdrawal rate for 30 years only works about 82% of the time. I need to drop down to 3.4% withdrawal rate to get the success rate up to 95%. Does this sound right to people? This is 15% less money per year than the usual rule and I'm arguably using unrealistically high expected return numbers...
by protagonist
Tue Sep 04, 2018 6:44 am
Forum: Investing - Theory, News & General
Topic: NASA FCU- 15 month CD 3.25%
Replies: 31
Views: 4328

NASA FCU- 15 month CD 3.25%

Certificates | NASA Federal Credit Union

[link formatted by admin LadyGeek]
by protagonist
Mon Sep 03, 2018 11:16 pm
Forum: Personal Consumer Issues
Topic: Gentlemen: underwear shopping question
Replies: 35
Views: 3937

Re: Gentlemen: underwear shopping question

I recently took a 3 1/2 week trip to France, packing only 2 pairs of Ex Officio travel underwear. Every evening I would spend a couple of minutes rinsing out the pair I wore in the sink and hanging it to dry on an elastic travel clothesline. The next day I would wear the other pair. The first pair w...
by protagonist
Mon Sep 03, 2018 10:30 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5566

Re: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?

"Why is nobody talking about the big investing mistake Kanye West made by giving his wife Kim Kardashian shares of Amazon (AMZN - Get Report) , Netflix (NFLX - Get Report) , Apple (AAPL - Get Report) , Adidas (ADDYY) and Disney (DIS - Get Report) ? He didn't DIVERSIFY (shout out to TheStreet's Jim C...
by protagonist
Sat Sep 01, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Huntington 2.85% 19 Month CD
Replies: 4
Views: 544

Re: Huntington 2.85% 19Mon CD

whodidntante wrote:
Sat Sep 01, 2018 11:29 am
It's better than nothing but not too likely to beat inflation after taxes. Treading water, maybe losing a little.
Likely true. But what is the alternative?
by protagonist
Sat Sep 01, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34942

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

On the other hand, being debt-free with a roof over your head is psychologically priceless, especially in 2008-like scenarios or worse. I couldn't agree with you more. In days when it is cold or rains heavily, my family and I can stay warm, have a roof of our own over our heads - the feeling is pri...
by protagonist
Thu Aug 30, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34942

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

On the other hand, being debt-free with a roof over your head is psychologically priceless, especially in 2008-like scenarios or worse. I couldn't agree with you more. In days when it is cold or rains heavily, my family and I can stay warm, have a roof of our own over our heads - the feeling is pri...
by protagonist
Wed Aug 29, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Car Depreciation Curve, Lifespan, Repairs, & Sweet Spot of Ownership
Replies: 35
Views: 3270

Re: Car Depreciation Curve, Lifespan, Repairs, & Sweet Spot of Ownership

Though I have tended to drive cars into the ground, the technology over the past 5 years or so is rapidly improving in ways that it had not in previous decades, in terms of convenience features, safety features and economy. Cars now almost drive themselves. So it's hard to guess the sweet spot.
by protagonist
Wed Aug 29, 2018 3:01 pm
Forum: Personal Consumer Issues
Topic: Native German speakers: need help with translation.
Replies: 17
Views: 1974

Re: Native German speakers: need help with translation.

You got me thinking. Google translates "powder room" as "Damentoilette", which I guess means literally "women's toilet". I think a "powder room" in English is a polite and somewhat archaic euphemism for a woman's bathroom, but even that may be nuanced in ways I don't understand (as an American male)...
by protagonist
Tue Aug 28, 2018 9:23 pm
Forum: Personal Consumer Issues
Topic: Free windows 10 Antivirus
Replies: 11
Views: 1257

Re: Free windows 10 Antivirus

Bitdefender or Avira (free). I like Avira but annoying side-effect is little popups.
by protagonist
Tue Aug 28, 2018 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 68
Views: 12167

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Manhattan real estate sales in 2d quarter....17% less sales and prices down 7.5% cf. 2d quarter last year. Smallest volume since 2009. Resale apts. are spending longer on the market. New apt. sales down 37% from 2d quarter last year. In addition to properties becoming too expensive, there are the is...
by protagonist
Tue Aug 28, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 275
Views: 26158

Re: U.S. stocks continue to soar!

There are even folks out there who want to give up on bonds now that 2018 has proved disappointing for bonds. Consensus is there will be 2 more rate hikes this year and at least 2 more next year. If you thought bonds were a good idea in January, they should be a good idea now. I agree. And if you t...
by protagonist
Tue Aug 28, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34942

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

Bogleheads: Boglehead Jim Dahle has written a very helpful article for wealthy Bogleheads with extra cash who cannot decide whether to pay-off their mortgage or invest in stocks & bonds: 6 Reasons The Rich Should Pay-Off Their Mortgage Thank you, Jim Best wishes. Taylor " When you are very poor, a ...
by protagonist
Mon Aug 27, 2018 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.
Replies: 80
Views: 13568

Re: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.

The only goal is to beat inflation and preserve the purchasing power of the portfolio. If you were a US citizen living in the US, TIPS would do that for you--at least for 30 years (maximum maturity of TIPS). But since you don't know what currency you'll be spending in the future, you can't know wha...
by protagonist
Mon Aug 27, 2018 10:13 pm
Forum: Personal Consumer Issues
Topic: Is it worth chasing down this $10 fee?
Replies: 38
Views: 3086

Re: Is it worth chasing down this $10 fee?

Earl Lemongrab wrote:
Mon Aug 27, 2018 7:16 pm
protagonist wrote:
Mon Aug 27, 2018 6:32 pm
Time is money. You have already easily spent $10 worth of your time posting this and reading the responses up until now.
Yeah, but a bunch of us have also read and posted, with no expectation of getting anything out of it at all.
Good point! (laughing...)
by protagonist
Mon Aug 27, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: Is it worth chasing down this $10 fee?
Replies: 38
Views: 3086

Re: Is it worth chasing down this $10 fee?

Time is money. You have already easily spent $10 worth of your time posting this and reading the responses up until now.
by protagonist
Mon Aug 27, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring to USA from Australia
Replies: 22
Views: 1424

Re: Retiring to USA from Australia

Also consider what will happen to them if they require long-term nursing home care or the equivalent in the future. That can be extremely expensive in the US and can rapidly deplete one's nest egg. I don't know what their Australian insurance would provide. But it's worth examining whether the move ...
by protagonist
Mon Aug 27, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.
Replies: 80
Views: 13568

Re: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.

Forget about AA percentages. If you plan to completely retire, project what you think you need to live on for the next 60 years given your annual expenses...today's dollars. Invest that very conservatively (CDs for example). That is a hard thing to do at age 28 since your future life is uncertain bu...
by protagonist
Thu Aug 23, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: What to do at 62?
Replies: 52
Views: 5995

Re: What to do at 62?

The trouble is, for me (and maybe others), it would hurt my "peace of mind" to be rapidly spending down my $1 million portfolio in my 60s, assuming that the SS benefits I'm counting on at 70 will be there, especially since the government has explicitly told me, as of today, that they will be reduce...
by protagonist
Thu Aug 23, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: What to do at 62?
Replies: 52
Views: 5995

Re: What to do at 62?

ignore...duplicate post. sorry.
by protagonist
Thu Aug 23, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4612

Re: Advantages of I-Bonds vs CD ?

And I believe Kevin M made a reasonable point that some people treat the tax deferral as if a significant factor in normal circumstances over short-medium maturities which it's not. I think it's worth pointing out it's not, and pointing that out does not actually involving 'missing' anything. I agr...
by protagonist
Thu Aug 23, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: What to do at 62?
Replies: 52
Views: 5995

Re: What to do at 62?

My simple answer to this dilemma that I posted in a previous similar thread: A huge mistake I humbly believe that many people make on this site is equating "maximum wealth" with "happiness" and "better life"...the latter is much more correlated with peace of mind. In that context, deciding when to s...
by protagonist
Thu Aug 23, 2018 10:32 am
Forum: Personal Consumer Issues
Topic: Woodstock
Replies: 49
Views: 6596

Re: Woodstock

Have my tickets on the wall right next to me. I don't think that more than the first couple hundred people actually used them. :wink: I was also one of the silly kids who actually bought a ticket in advance. Boy, did I feel stupid at the time. I wish I saved mine like you did. It might actually be ...
by protagonist
Thu Aug 23, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: relationship issues - advise needed
Replies: 51
Views: 4144

Re: relationship issues - advise needed

Folks, Need some help and advise, going through rough times with my spouse, got 2 8 year old kids, unsure if we are in a point of considering divorce, 1. are there any free resources or books i should read before considering divorce ? Hold Me Tight by Sue Johnson. Buy it today. IMHO, coming from a ...
by protagonist
Thu Aug 23, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

No European city has these issues. Very few bad neighborhoods if any, interesting things to see, zero or little homelessness, although things somewhat degraded lately. Paris certainly has these issues. But it's inverted. The central "downtown" areas are the nicer, safer areas, and certain suburbs a...
by protagonist
Thu Aug 23, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4612

Re: Advantages of I-Bonds vs CD ?

With all due respect, the missed point here is that the real purpose of I-bonds, as I see it, is protection against runaway inflation, like in the late 70s/early 80s. And flexibility of cashing in before "maturity" if inflation goes wild. I-bonds are a purely defensive move. Differences in yield und...
by protagonist
Wed Aug 22, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

No European city has these issues. Very few bad neighborhoods if any, interesting things to see, zero or little homelessness, although things somewhat degraded lately. Paris certainly has these issues. But it's inverted. The central "downtown" areas are the nicer, safer areas, and certain suburbs a...
by protagonist
Wed Aug 22, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

I find very hard to believe that somebody can say with a straight face that the city with a very high murder rate even for US (which is already the highest among industrialized countries) offers a good quality of life. Oakland? 20 per 100.000. And only because it got better recently. Why do you fin...
by protagonist
Wed Aug 22, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

Been researching this a bit, and from what I found (as a US Citizen) the easiest country to relocate / move / work (as self employed solely) - is to get a Dutch DAFT permit (residency) and its initially 2 years renewal again till you finally can get Permanent Residency Not applicable for retirees, ...
by protagonist
Wed Aug 22, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

Often, crime is isolated to certain parts of a city. I have lived in Chicago(land) my whole life and have not been shot or know anyone that has or know anyone that knows someone that has been shot. Those are some low standards for me. I don't know anybody who died in a car accident, it doesn't mean...
by protagonist
Wed Aug 22, 2018 1:10 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

You can get $300 rent in the bay area, as long you are OK with living in a closet. "Living in a closet" is not nearly as bad as it sounds, as long as you are surrounded by friends and/or family, like where you live, and have opportunities to do what you like to do. When I lived for 4-5 months/year ...
by protagonist
Tue Aug 21, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

You can get $300 rent in the bay area, as long you are OK with living in a closet. "Living in a closet" is not nearly as bad as it sounds, as long as you are surrounded by friends and/or family, like where you live, and have opportunities to do what you like to do. When I lived for 4-5 months/year ...
by protagonist
Tue Aug 21, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a pep talk
Replies: 39
Views: 4986

Re: Looking for a pep talk

Based on the above, the reason your net worth remained flat is because you counted that $102k in unvested 403b match as an asset in the prior year, and then lost that asset. Based on those numbers, you have: $85k (debt payoff) + $12k (net on sale of house) - $102k = -$5k. Your net worth remained fl...
by protagonist
Fri Aug 17, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: Travel delay: Can I *easily* get $60 back?
Replies: 39
Views: 2681

Re: Travel delay: Can I *easily* get $60 back?

VictoriaF wrote:
Fri Aug 17, 2018 10:14 am


Even if I don't collect anything, I'll have a story, and I like having stories.

Victoria
Yes, stories are priceless.
by protagonist
Fri Aug 17, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Travel delay: Can I *easily* get $60 back?
Replies: 39
Views: 2681

Re: Travel delay: Can I *easily* get $60 back?

I successfully got reimbursed over $400 for a cancelled flight last year via Chase Sapphire Reserve....they paid for my hotel and meals. I recall having to submit a lot of paperwork to document the event and my expenses. I don't recall all the details. But I probably spent 2-3 hours on it, between r...
by protagonist
Fri Aug 17, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Beam 2-4% APY
Replies: 16
Views: 2884

Re: Beam 2-4% APY

There are simple, legit, FDIC insured internet banks offering 2% or more with no hassles and flexibility. Even Fidelity and Vanguard have ~2% money market accounts (though they require large initial deposits and don't offer FDIC). That said, money not needed for emergency funds can be invested in CD...
by protagonist
Fri Aug 17, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

Thailand and Panama come to mind right off........ lots of English spoken, low to very low cost of living and I include medical in that. Very friendly and courteous people. Good financial and banking systems. Panama is on the top of most internet lists these days. I will probably be there this wint...
by protagonist
Thu Aug 16, 2018 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4612

Re: Advantages of I-Bonds vs CD ?

Nobody has mentioned the elephant in the room, which is that I-bonds carry insurance against inflation, which is the greatest threat to any retiree's assets. CDs do not. I discussed it quite explicitly, although I didn't call it insurance. If you have a 3% 5 year CD and inflation goes crazy, like i...
by protagonist
Thu Aug 16, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4612

Re: Advantages of I-Bonds vs CD ?

Nobody has mentioned the elephant in the room, which is that I-bonds carry insurance against inflation, which is the greatest threat to any retiree's assets. CDs do not. If you have a 3% 5 year CD and inflation goes crazy, like it did in the 1970s-early 1980s, you can only hope you are able to get o...
by protagonist
Thu Aug 16, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

Thailand and Panama come to mind right off........ lots of English spoken, low to very low cost of living and I include medical in that. Very friendly and courteous people. Good financial and banking systems. Panama is on the top of most internet lists these days. I will probably be there this wint...
by protagonist
Thu Aug 16, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Travel over thanksgiving holiday, drive or fly?
Replies: 50
Views: 2472

Re: Travel over thanksgiving holiday, drive or fly?

The real "crime" here is that a New Haven Railroad (on whose right of way present day Amtrak trains travel) trains from the early 1900's would have made the trip in about 4 hours as well. No innovation and no improvement in the last 80 years... I recall reading an article that compared typical trav...
by protagonist
Wed Aug 15, 2018 4:57 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

Antarctica. High cultured neighborhood. Everyone always wears tuxes. My requirement is for everyone always wearing high heels. Victoria Mine would immediately rule out any place where people (or penguins) wore tuxes or high heels, including to weddings and funerals. Nobody wearing more than board s...
by protagonist
Wed Aug 15, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14697

Re: As an American, where are some great places in the world to retire?

Thailand and Panama come to mind right off........ lots of English spoken, low to very low cost of living and I include medical in that. Very friendly and courteous people. Good financial and banking systems. Panama is on the top of most internet lists these days. I will probably be there this wint...