Search found 205 matches

by jumppilot
Fri May 15, 2020 4:32 pm
Forum: Non-US Investing
Topic: The Mighty USD
Replies: 47
Views: 3377

Re: The Mighty USD

No.

Filler
by jumppilot
Mon May 11, 2020 8:50 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 55562

Re: How to get Toilet Paper ? seriously.

Apparently our local Costco restocks every night. I heard from an employee that the trick is to line up a bit before they open and then (their words) run to get it in time. Ridiculous, but I'm considering grabbing a pack that way since we're starting to run low. And that is why I haven’t been to Co...
by jumppilot
Thu May 07, 2020 6:16 am
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 114
Views: 6975

Re: Go or no go on Carnival cruise

I wonder how the cruise industry is going to recover from this. Their cards have been shown, and when people get sick on board the ships quarantine everyone to their room and don’t dock anywhere for weeks. Cannot agree more. Moreover, they didn't distribute food and tried to point to local authorit...
by jumppilot
Sun Apr 26, 2020 10:25 am
Forum: Personal Investments
Topic: How to approach buying a home and retirement savings
Replies: 35
Views: 1552

Re: How to approach buying a home and retirement savings

I’m in my late 30s. I picked up a couple other properties along the way. Basically, I didn’t sell my house when I moved for job transfers. My strategy has been, “if I’d live in this property, I’m sure a lot of other people would too.” Plus, I was able to get owner-occupied interest rates since I li...
by jumppilot
Sun Apr 26, 2020 9:45 am
Forum: Personal Investments
Topic: How to approach buying a home and retirement savings
Replies: 35
Views: 1552

Re: How to approach buying a home and retirement savings

If this were me based on your income and savings I would not have the car debt or student loans 12-31-2020. You need to get busy with your retirement. You're off to a good start but get after it. Sell the house you're in or save for a remodel. Pretty sure becoming a landlord at your age isn't a goo...
by jumppilot
Sun Apr 26, 2020 9:19 am
Forum: Personal Investments
Topic: How to approach buying a home and retirement savings
Replies: 35
Views: 1552

Re: How to approach buying a home and retirement savings

If this were me based on your income and savings I would not have the car debt or student loans 12-31-2020. You need to get busy with your retirement. You're off to a good start but get after it. Sell the house you're in or save for a remodel. Pretty sure becoming a landlord at your age isn't a goo...
by jumppilot
Sun Apr 26, 2020 7:52 am
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 114
Views: 6975

Re: Go or no go on Carnival cruise

I work in the travel industry and dearly want people to start traveling again. However, I would not do the cruise. Even if you’re comfortable with the health risks, being stuck at sea is a hard pass for me. I wonder how the cruise industry is going to recover from this. Their cards have been shown, ...
by jumppilot
Thu Apr 23, 2020 7:35 am
Forum: Personal Finance (Not Investing)
Topic: physician/APC pay cuts
Replies: 133
Views: 9960

Re: physician/APC pay cuts

Not a physician but an airline pilot. Don’t lose sight of the fact that you have a certification that isn’t easily replaceable. They can’t “plug and play” a doctor or an airline pilot. As another poster said, you are the talent. Don’t ever take a voluntary pay cut. It’s a managers job to manage. Let...
by jumppilot
Wed Mar 25, 2020 7:34 am
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50160

Re: Who's buying today? where's all the "dry powder" folks at? :)

I bought today for my granddaughters account. She is 10 months old and I invested for her into an S&P 500 ETF . I think that will work out just fine. you mean you bought in your own taxable account for her? maybe I misunderstood. UTMA custodial account. I have one for each of my kids. I see each ac...
by jumppilot
Sat Mar 21, 2020 4:14 pm
Forum: Investing - Theory, News & General
Topic: COVID Crash: What did you get right?
Replies: 61
Views: 2734

Re: COVID Crash: What did you get right?

I was 100% equities for most of the bull market. In the summer of 2019, hearing reports we were about to break the record the longest bull ever, I went 70/30. I rebalanced recently into more equities. Don’t know where the bottom is but I consider the 5% I’ve “saved” to be my free lunch. Smart, I th...
by jumppilot
Sat Mar 21, 2020 1:52 pm
Forum: Investing - Theory, News & General
Topic: COVID Crash: What did you get right?
Replies: 61
Views: 2734

Re: COVID Crash: What did you get right?

I was 100% equities for most of the bull market. In the summer of 2019, hearing reports we were about to break the record the longest bull ever, I went 70/30. Recently, I reallocated to 80/20 and will go back to 100% equities if the market drops further. I don’t know where the bottom is but I consid...
by jumppilot
Fri Mar 20, 2020 5:07 pm
Forum: Investing - Theory, News & General
Topic: I cant "Stay the Course" - Rebalance/IPS
Replies: 56
Views: 4500

Re: I cant "Stay the Course" - Rebalance/IPS

OP, I increased my stock allocation this week for my 401k. Who knows the the future will bring, but history has shown that this is where the real money is made. I plan to go 100% stocks if the market falls further. If it doesn’t, I still have more stock exposure than I did 1 month ago. I don’t have ...
by jumppilot
Sun Feb 02, 2020 9:55 am
Forum: Personal Investments
Topic: My Sis is going to Ray James, is this fee right?
Replies: 94
Views: 6929

Re: My Sis is going to Ray James, is this fee right?

She has no interest in investing and is completely overwhelmed by the thought of it. Additionally, she is a spender not a saver. Most of this $120K given to her last year as the result of a property sale from our late father's trust. (I got the same.) It took me a while, but I’ve come to find there...
by jumppilot
Thu Jan 30, 2020 7:32 pm
Forum: Personal Consumer Issues
Topic: paying cleaning lady
Replies: 49
Views: 4933

Re: paying cleaning lady

We also pay by the job. Our cleaning man comes once a month.

$150 per visit to make our house as clean as it’ll ever be.

3500 sq ft
by jumppilot
Mon Jan 27, 2020 12:15 pm
Forum: Personal Consumer Issues
Topic: Amount of cash wedding gift?
Replies: 57
Views: 4759

Re: Amount of cash wedding gift?

nonfacebookuser365 wrote:
Mon Jan 27, 2020 11:50 am
Just do nothing if you don’t plan to attend and have no interactions with them.
Agreed.

Unless they call you on the phone monthly to see how you’re doing, you’re just one of the many vague relatives they remember seeing every 5 years at important family gatherings.
by jumppilot
Sun Dec 15, 2019 7:59 am
Forum: Personal Investments
Topic: How to Start a Savings Account for a Newborn
Replies: 11
Views: 510

Re: How to Start a Savings Account for a Newborn

JoeRetire wrote:
Sun Dec 15, 2019 7:55 am
RickBoglehead wrote:
Sun Dec 15, 2019 7:44 am
Parents don't go out and get an SSN
I think they do.

https://www.ssa.gov/pubs/EN-05-10023.pdf
Yup. Had to do it for our 3 kids.
by jumppilot
Sun Sep 29, 2019 6:44 pm
Forum: Personal Investments
Topic: How doe the TYPICAL investor balance against interest And inflation spike risk?
Replies: 24
Views: 2131

Re: How doe the TYPICAL investor balance against interest And inflation spike risk?

I don't think stocks, in themselves, compensate especially well for unanticipated spikes in inflation. They're used to offset inflation because their returns are high enough and uncorrelated enough from inflation that a portfolio high in equities will survive better than nominal bonds during spikes...
by jumppilot
Mon Aug 12, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 73
Views: 7627

Re: Recommendations for home paper shredder

About a year ago I purchased this: https://www.amazon.com/gp/product/B00Q3KG1L8/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 I am very happy with it. It's a bit more elaborate than the typical home shredder but it has worked out very well for me. I've used all of it's functions including shredding CD...
by jumppilot
Tue Aug 06, 2019 12:48 pm
Forum: Personal Investments
Topic: Father investing with Edward Jones
Replies: 43
Views: 4866

Re: Father investing with Edward Jones

I’ve realized Edward Jones fills an important role. Some people are just not interested, or smart enough, to manage their money. I have a family member who invests with Edward Jones and no matter how much I talk about lower cost options or the insidiousness of the AUM fee, they just don’t get it, or...
by jumppilot
Wed Jun 12, 2019 7:53 pm
Forum: Personal Consumer Issues
Topic: 50 or 75 gallon water heater?
Replies: 67
Views: 6111

Re: 50 or 75 gallon water heater?

Why not two 40-gal water heaters? :) Or two 30-gal water heaters? In our area, an installed water heater was about $600 the last 2 times I had ours replaced. I had to pay extra because the installers had to carry them up 2 flights of stairs and bring the old one's down. I have two 40 gallons in ser...
by jumppilot
Fri May 17, 2019 9:15 am
Forum: Investing - Theory, News & General
Topic: Does stock allocation truly matter?
Replies: 61
Views: 6144

Re: Does stock allocation truly matter?

Does stock allocation truly matter? BWildt: Yes, stock allocation truly matters and it "matters" a lot. "Asset allocation is critically important; but cost is critically important, too -- All other factors pale into insignificance." Jack Bogle Best wishes. Taylor Sorry he is wrong. Saving is more i...
by jumppilot
Tue Apr 30, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Alka Seltzer Tablets but without medication?
Replies: 12
Views: 1618

Re: Alka Seltzer Tablets but without medication?

I like drinking seltzer water but I don't like making my own using a Sodastream (never get the right amount of carbonation). I could buy a lot of seltzer bottles from the store, but I feel guilty throwing away so many bottles into trash every week (recycling, but still). I'm curious if there are an...
by jumppilot
Tue Apr 30, 2019 7:38 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 10933

Re: WSJ--How Schwab Ate Wall Street

If a client responds super-conservatively on their questionnaire, the right response is a larger allcoation to bonds, not cash. The allocation to cash is really for Schwab. Since you are not using Schwab's advisory services, you're fine. My point is that their advisory services has a huge conflict ...
by jumppilot
Tue Apr 30, 2019 4:13 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 10933

Re: WSJ--How Schwab Ate Wall Street

If a client responds super-conservatively on their questionnaire, the right response is a larger allcoation to bonds, not cash. The allocation to cash is really for Schwab. Since you are not using Schwab's advisory services, you're fine. My point is that their advisory services has a huge conflict ...
by jumppilot
Tue Apr 30, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 10933

Re: WSJ--How Schwab Ate Wall Street

If a client responds super-conservatively on their questionnaire, the right response is a larger allcoation to bonds, not cash. The allocation to cash is really for Schwab. Since you are not using Schwab's advisory services, you're fine. My point is that their advisory services has a huge conflict ...
by jumppilot
Tue Apr 30, 2019 3:43 am
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 10933

Re: WSJ--How Schwab Ate Wall Street

One thing that hit me from the article: "Schwab's bank made more than half of the company's overall revenue of $10.13 billion in 2018, up from 29% of revenue in 2009." And Vanguard discontinues it's banking options. No kidding. If Vanguard could somehow relaunch "VanguardAdvantage" as a cash manage...
by jumppilot
Sat Apr 27, 2019 1:23 am
Forum: Personal Investments
Topic: Made a mistake putting bond funds in taxable account - how to correct mistake?
Replies: 37
Views: 4287

Re: Made a mistake putting bond funds in taxable account - how to correct mistake?

OP, I have bonds in taxable, and not all of them are municipal bonds. I have a mix of munis, short term and long term treasuries and corporate bonds. I never understood people saying you should only keep bonds in tax-deferred vehicles. That completely ignores the fact you can't access your 401k mon...
by jumppilot
Sat Apr 27, 2019 1:20 am
Forum: Personal Investments
Topic: Made a mistake putting bond funds in taxable account - how to correct mistake?
Replies: 37
Views: 4287

Re: Made a mistake putting bond funds in taxable account - how to correct mistake?

I never understood people saying you should only keep bonds in tax-deferred vehicles. That completely ignores the fact you can't access your 401k money before 59.5. Of course it ignores the fact you can't access your 401k money without penalty before 59.5 because you don't have to access that money...
by jumppilot
Fri Apr 26, 2019 9:21 pm
Forum: Personal Investments
Topic: Made a mistake putting bond funds in taxable account - how to correct mistake?
Replies: 37
Views: 4287

Re: Made a mistake putting bond funds in taxable account - how to correct mistake?

I never understood people saying you should only keep bonds in tax-deferred vehicles. That completely ignores the fact you can't access your 401k money before 59.5. Of course it ignores the fact you can't access your 401k money without penalty before 59.5 because you don't have to access that money...
by jumppilot
Fri Apr 26, 2019 6:53 pm
Forum: Personal Investments
Topic: Made a mistake putting bond funds in taxable account - how to correct mistake?
Replies: 37
Views: 4287

Re: Made a mistake putting bond funds in taxable account - how to correct mistake?

OP, I have bonds in taxable, and not all of them are municipal bonds. I have a mix of munis, short term and long term treasuries and corporate bonds. I never understood people saying you should only keep bonds in tax-deferred vehicles. That completely ignores the fact you can't access your 401k mone...
by jumppilot
Fri Mar 29, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 8294

Re: Anybody else get a huge tax increase due to SALT deduction changes?

Count me as a fan of the TCJA. I paid $8,000 less this year with slightly higher income.

I have to cut the IRS a check for $1500 this year, and according to Twitter that means the new tax laws aren’t in my favor.
by jumppilot
Sun Jan 13, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 4057

Re: Company relocating and not interested - next steps ?

Move but don't move. I would strongly consider this advice. Even if you only make it 6 months, that is 6 more months of salary, and 6 less months of health insurance uncertainty. My neighbor is in the military and recently was forced to take a one year assignment overseas where he could not take hi...
by jumppilot
Thu Jan 03, 2019 4:34 am
Forum: Personal Consumer Issues
Topic: HE Washer/Dryers - What do you have..are you pleased?
Replies: 33
Views: 2700

Re: HE Washer/Dryers - What do you have..are you pleased?

I have the Whirlpool Duets and love them. Front loading HEs. As I recall, but don't remember the specifics, a bunch of these names are really the same company--Kenmore, Maytag, Whirlpool, etc. Again I don't remember the specifics. SpeedQueen is revered for the old-type of top loaders that are real ...
by jumppilot
Thu Jan 03, 2019 2:50 am
Forum: Personal Finance (Not Investing)
Topic: Loan to son for college with no interest
Replies: 39
Views: 3997

Re: Loan to son for college with no interest

You are not wrong and this is not illegal. Your parents gifted you your college expenses, car, etc... with no strings attached. The fact that you feel gratitude and give them money from time to time is not quid pro quo. That is totally different than "Jim's" situation Jim is gifting 1/2 of the coll...
by jumppilot
Thu Jan 03, 2019 2:02 am
Forum: Personal Finance (Not Investing)
Topic: Loan to son for college with no interest
Replies: 39
Views: 3997

Re: Loan to son for college with no interest

I pay about $18,000 per year for my 7th grade son to attend private school. Are you saying that I need to file this as a gift? What if grandma writes the check to the school instead of me? I and others already pointed out that there is an unlimited gift tax exclusion for tuition directly paid to th...
by jumppilot
Thu Jan 03, 2019 12:20 am
Forum: Personal Consumer Issues
Topic: HE Washer/Dryers - What do you have..are you pleased?
Replies: 33
Views: 2700

Re: HE Washer/Dryers - What do you have..are you pleased?

We have a High Efficieny top loader.

I will never buy another one agains.

It uses too little water and doesn’t have an agitator to effectively wash the clothes.
by jumppilot
Thu Dec 20, 2018 9:44 pm
Forum: Personal Investments
Topic: Stick with Fidelity or open Vanguard account?
Replies: 34
Views: 2057

Re: Stick with Fidelity or open Vanguard account?

Vanguard vote here. Is there a distinct advantage having a separate Vanguard account? Vanguard has no expensive products to sell, and no employees on commission. Fidelity has products you probably do not want and they may try to sell them to you or whoever eventually will manage your money. I’ve he...
by jumppilot
Thu Dec 13, 2018 1:18 am
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 6484

Re: Volkswagen Reliability

A 2005 Jetta I used to drive had the transmission fail at 40,000 miles. Junked it for a Honda.

I will never purchase a VW in the future.
by jumppilot
Sat Nov 17, 2018 8:45 pm
Forum: Personal Consumer Issues
Topic: Toyota Dealer Lost My New Car's Key
Replies: 14
Views: 2706

Re: Toyota Dealer Lost My New Car's Key

Toyota can use their in house OEM TechStream maintenance application to programmatically remove the lost key from the car's internal key registry and then add the new replacement key. Ask them to do so and to show you a printout confirming the lost key has been programmatically removed from the car...
by jumppilot
Thu Nov 01, 2018 3:03 am
Forum: Investing - Theory, News & General
Topic: Core-4 Investing is LIVE! It really is this time!
Replies: 141
Views: 15520

Re: Core-4 Investing is LIVE! It really is this time!

I can see that I am in the minority here, and I expect some blowback for saying this, but isn't this just a way to make simplicity more complex? If someone truly valued simplicity, wouldn't they just stick with a typical three or four fund portfolio? Six 4-fund portfolios for a total of "24 portfol...
by jumppilot
Sat Sep 22, 2018 3:13 am
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 4126

Re: Fidelity zero ER funds closed?

I'm skeptical that we know all we should about the Zero ER funds. Unless Fido is content to have a product with zero income and some level of expense, an extremely doubtful scenario, then they are making money somewhere that is not apparent. Why is that a problem? Vanguard funds often beat their in...
by jumppilot
Wed Aug 29, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4881

Re: Bone in my food

I think this highlights our complete disconnect as a society as to the actual sources of the food we're consuming. I went deer hunting and posted pictures of my kill on Facebook. I had a few friends give me a hard time for killing an innocent animal, yet they have no problem going to the grocery st...
by jumppilot
Thu Aug 23, 2018 1:42 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 6181

Re: Test your cognitive biases

Here’s an interesting video along the same lines of this test:

https://m.youtube.com/watch?v=R13BD8qKeTg
by jumppilot
Wed Aug 15, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: Chevy Volt for Commute
Replies: 24
Views: 2789

Re: Chevy Volt for Commute

arsenalfan wrote:
Wed Aug 15, 2018 3:44 pm
Look at Bolt also. Plug in every 4-5 days vs every night with the volt.

As you prob already know the max GM fed credit likely phases out in next 2 quarters as they’re close to the 200k electric car limit.
I bet the price of the car drops when that happens!
by jumppilot
Wed Aug 15, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Chevy Volt for Commute
Replies: 24
Views: 2789

Re: Chevy Volt for Commute

I think the preferred car is the Prius (Toyota reliability/quality, hybrid rather than plug in) among the majority of Bogleheads. Thank you, I will see what Prius models are allowed on the carpool lane, likely the Prime only. Apples and oranges. The Volt should be fun to drive; Prius is a chore. :D...
by jumppilot
Tue Aug 14, 2018 5:18 pm
Forum: Personal Investments
Topic: Vanguard Warns of Worsening Odds for the Economy and Markets [Portfolio help]
Replies: 12
Views: 1793

Re: Vanguard Warns of Worsening Odds for the Economy and Markets [Portfolio help]

vineviz wrote:
Tue Aug 14, 2018 5:09 pm
jumppilot wrote:
Tue Aug 14, 2018 4:50 pm
"Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves."

-Peter Lynch
Nice quote.

I'm making this my signature.
:thumbsup
by jumppilot
Tue Aug 14, 2018 5:03 pm
Forum: Personal Investments
Topic: 401K vs PCRA - expense and return question
Replies: 2
Views: 247

Re: 401K vs PCRA - expense and return question

I have access to a PCRA and I used it for a few years. In order to use the PCRA I would have to manually trade into ETFs, as my contributions would just be deposited into the PCRA cash account. My suggestion, and what I currently do, is to use the index funds available to you for your core options, ...
by jumppilot
Tue Aug 14, 2018 4:50 pm
Forum: Personal Investments
Topic: Vanguard Warns of Worsening Odds for the Economy and Markets [Portfolio help]
Replies: 12
Views: 1793

Re: Vanguard Warns of Worsening Odds for the Economy and Markets [Portfolio help]

"Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves."

-Peter Lynch
by jumppilot
Sat Aug 04, 2018 2:45 am
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 145
Views: 15070

Re: Is solar power for your home a worthwhile investment?

Out of curiosity, I've looked into buying a solar photovoltaic system for our home, where we intend to stay for a lengthy period of time (minimum 15 years). When I recently looked into this, the estimated savings over a 20 year period were negative $6,000 (i.e. we would lose about $24 per month). T...
by jumppilot
Thu Aug 02, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 185
Views: 14102

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

Bottom line: I think this sort of thing may make sense if you are traveling to a developing country. If you are traveling to Western Europe or Japan/Korea/Singapore, it is likely unnecessary. I had a friend break his hip in Japan. The Japanese stabalized him but didn't do any of the elective surger...