Search found 653 matches

by Uninvested
Tue Aug 02, 2011 8:18 pm
Forum: Personal Investments
Topic: Advice for parents
Replies: 5
Views: 866

Help me understand this. Why should you, who I presume is in the 20s, HELP your parents? Are they incompetent?
by Uninvested
Tue Aug 02, 2011 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance
Replies: 33
Views: 6176

You will definitely get a better rate during residency. Or rather let me say a lower cost. because the max you will get is 60% of your salary.
by Uninvested
Tue Aug 02, 2011 8:14 pm
Forum: Personal Consumer Issues
Topic: Need Advice - Home Depot Problem
Replies: 39
Views: 4327

OP, let me provide you with a different approach that I have suggested here with other posters with problems like this that take time. First, I think they were quite fair to offer you the $100. They didn't have to. It was a limited sale and they made an error. He did what he could do. Second, I thin...
by Uninvested
Tue Aug 02, 2011 8:08 pm
Forum: Personal Investments
Topic: I'm buying!
Replies: 140
Views: 22531

OP, I am interested in your post and thoughts. Can you clarify a few things as I am not sure we have the same facts? To my read, the move down started last Monday, not a few weeks ago. The decline is only about 7 percent I think. The market is up almost 100 percent since its low a few years ago, st...
by Uninvested
Tue Aug 02, 2011 7:57 pm
Forum: Investing - Theory, News & General
Topic: Bull market continuing in treasuries
Replies: 33
Views: 3812

near term govt spending cuts are likely to knock a 1%-2% from GDP I've just looked through the document that has passed the Congress and I don't think that there are any real cuts there. At least no meaningful cuts in the near term. And even in the longer term, it looks like they are not cuts, but ...
by Uninvested
Tue Aug 02, 2011 7:56 pm
Forum: Investing - Theory, News & General
Topic: Bull market continuing in treasuries
Replies: 33
Views: 3812

I find it interesting that many of those in the forum look at the post and proceed from there to a discussion of investing. Of course that is appropriate at an investor's forum. My first response is in a different direction. WHY are rates so pathetically low? And going lower even as there is though...
by Uninvested
Tue Aug 02, 2011 5:36 pm
Forum: Investing - Theory, News & General
Topic: Fixed Immediate Annuity
Replies: 32
Views: 2813

OP, is there an urgency to the purchase? It seems to me that for a 1-time purchase we are now at historic lows in interest rates.
by Uninvested
Tue Aug 02, 2011 5:33 pm
Forum: Personal Investments
Topic: need help - large investment decision
Replies: 18
Views: 2617

It would be very interesting to ask Jack Bogle if given the current economic conditions he would lump sum a significant chunk into stocks tomorrow as OP is questioning. My bet is he would say no as you get one shot with a lump sum.
by Uninvested
Tue Aug 02, 2011 5:26 pm
Forum: Personal Investments
Topic: I'm buying!
Replies: 140
Views: 22531

OP, I am interested in your post and thoughts. Can you clarify a few things as I am not sure we have the same facts? To my read, the move down started last Monday, not a few weeks ago. The decline is only about 7 percent I think. The market is up almost 100 percent since its low a few years ago, str...
by Uninvested
Tue Aug 02, 2011 12:39 pm
Forum: Investing - Theory, News & General
Topic: Bull market continuing in treasuries
Replies: 33
Views: 3812

I find it interesting that many of those in the forum look at the post and proceed from there to a discussion of investing. Of course that is appropriate at an investor's forum. My first response is in a different direction. WHY are rates so pathetically low? And going lower even as there is thought...
by Uninvested
Tue Aug 02, 2011 11:58 am
Forum: Investing - Theory, News & General
Topic: T Rowe Price new Min Investment Req.-Looking for Alternative
Replies: 11
Views: 2612

It might hurt them in the short-run, but it's also likely to get them long-term customers. People go there starting out and then never leave. I told a friend of mine years ago to invest in TR Price for their lower minimums, and I'm sure he's never left. And he probably never will. Having all the da...
by Uninvested
Tue Aug 02, 2011 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Underwritting
Replies: 17
Views: 2171

I never said I was applying for life insurance, or that I was hiding something nor did I imply I was going to lie about anything. I am mearly shocked at the fact that there is even such a thing as these reports and the sad thing is that most people don't even know these companies exist and even wor...
by Uninvested
Mon Aug 01, 2011 8:46 pm
Forum: Investing - Theory, News & General
Topic: Today's Manufacturing Report
Replies: 11
Views: 1466

"I believe we are in recession and it will get only worse. One man's opinion.," It is likely that the collective wisdom of the markets has already priced this possibility into stocks. Stay the course is the best option in this case. Never know what can happen. Let's keep to the point of t...
by Uninvested
Mon Aug 01, 2011 8:44 pm
Forum: Personal Investments
Topic: Health insurance after retirement/before Medicare.
Replies: 6
Views: 1524

It sounds like you are talking about $20,000 a year for 3 years. You probably pay a quarter of that or so now. I would suggest that if you are able to otherwise retire at age 62, that you would have the additional money, as gnawing as that might be to your craw. Look at your asset base and see if yo...
by Uninvested
Mon Aug 01, 2011 8:40 pm
Forum: Investing - Theory, News & General
Topic: T Rowe Price new Min Investment Req.-Looking for Alternative
Replies: 11
Views: 2612

OP, I appreciate your feelings. Change your viewpoint 180 degrees for a minute and ask WHY TR Price did this (and recognize that they are still way below Vanguard). For TR Price to allow an account with zero dollars and $50 a month, that could yield an account with $100-600 in it for a year. Etc. So...
by Uninvested
Mon Aug 01, 2011 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing at Work
Replies: 28
Views: 5736

Completely confirms what I thought but hadn't posted. Take whatever they give you and interview until you can't walk anymore and get out of there as soon as you have a full time job. And don't feel bad--look what they have done to make you do this.
by Uninvested
Mon Aug 01, 2011 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on a family with $200,000 gross income
Replies: 131
Views: 111127

Re: Taxes on a family with $200,000 gross income

Folks keep asking me how a family can have $200,000 of income and not pay much tax. Hence I present this thread where we can argue, I mean discuss, this. I'll start with this example. Married couple, both age 50. Two kids ages 15 and 18. Wife makes $168,000 Husband makes $22,000 They make $10,000 i...
by Uninvested
Mon Aug 01, 2011 8:57 am
Forum: Investing - Theory, News & General
Topic: Debt deal
Replies: 37
Views: 3463

Does Moody's, S&P or Fitch have much credibility after their AAA rating of those toxic assets in 2005-07? No. The only issue is that some institutional investment policy is written in terms of bond ratings. In other words, some institutions must invest in AAA for at least part of their portfoli...
by Uninvested
Mon Aug 01, 2011 8:40 am
Forum: Personal Consumer Issues
Topic: California public schools....
Replies: 50
Views: 8717

In our area, despite the state budget cuts, the parents step in and make up some of the short falls. If we gave the full amount every school and parent organization requested, it would come out to at least $2k - $3k per kid for a public school. One group wants $500 a year donation per family for sp...
by Uninvested
Mon Aug 01, 2011 8:36 am
Forum: Personal Investments
Topic: Munis instead of taxable bonds to free up tax-free space
Replies: 10
Views: 1803

Re: Munis instead of taxable bonds to free up tax-free space

Are there any major downsides to this? I suppose I'd have to switch back if and when total bond market and munis revert to their usual yield relationship, but this seems unlikely to have any major tax consequences since I would only be *selling* stocks in tax-advantaged space. Huh? If the usual rel...
by Uninvested
Mon Aug 01, 2011 8:30 am
Forum: Personal Investments
Topic: Simple Question (?): What if Vanguard Removes Fund Sale Fee?
Replies: 8
Views: 1397

Re: Simple Question (?): What if Vanguard Removes Fund Sale

As for ETFs: I ... am probably just crazy, but for now I'm sticking to MFs simply because I trust them more. That could be kind of nonsensical, though. I feel the same about ETFs in general. But I think that for something like Emerging Markets, they really *might* make a lot of sense both for the i...
by Uninvested
Mon Aug 01, 2011 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Funeral
Replies: 45
Views: 5974

OP, are you a "voyuer' here or involved? It sounds like the former.

I have the following opinion on this as in many things: he who has the gold--makes the rules. If I am paying, I am determining what I get.
by Uninvested
Mon Aug 01, 2011 8:21 am
Forum: Personal Consumer Issues
Topic: Doctors/Medical Professionals and expanding your business?
Replies: 37
Views: 4634

Most doctors go into medicine to practice or in the case of more adventurous and forward-thinking ones to conduct research. Some do both and some even go into industry or government. But doctors are not taught in medical school nor are the particularly interested (for the most part) in setting up bu...
by Uninvested
Mon Aug 01, 2011 8:19 am
Forum: Investing - Theory, News & General
Topic: Debt deal
Replies: 37
Views: 3463

I do not like this at all (non-political). If passed, which I assume will happen now or in another iteration, it looks like this bill would assure us of a national debt of about 8 trillion MORE in 10 years, or 22 Trillion dollars. However, as I have read and heard repeatedly, this Congress cannot bi...
by Uninvested
Sun Jul 31, 2011 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Denied Delta SkyMiles AMEX Card
Replies: 9
Views: 3008

OP, Amusing if you read the post yourself at a distance. You have 12 million and make 500 k a year. It appears you have sufficient credit with your current card. You got caught up in an algorithm and rejected. But harken back to your re ason for getting the card: checked baggage. So I would say who ...
by Uninvested
Sun Jul 31, 2011 3:28 pm
Forum: Investing - Theory, News & General
Topic: What variables do you use to calculate retirement number?
Replies: 13
Views: 1997

OP. Interesting approach if not unusual as you appear to be setting up a second account for odd bedfellows: house, fun.in your planning, what assumptions are you using to obtain a 7 percent return? Also, what income amount are you using to estimate a 30 percent tax in retriement?
by Uninvested
Sun Jul 31, 2011 2:39 pm
Forum: Forum Issues and Administration
Topic: increased snarkiness?
Replies: 53
Views: 9012

From a man out on bail...last week I made a direct, personal attack on a veterinarian because he said that he euthanized more than 10,000 animals. I was going to ignore it. It seemed to pass and I was enraged (unusual for me) and I attacked him. He or somebody referred me to the authorities and I re...
by Uninvested
Sun Jul 31, 2011 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Elevation certificates for flood insurance in florida
Replies: 38
Views: 6776

Op, I just reread the thread. Why did you post it? You asked a question. A lot of us tried to help. You countered all the points which appeared unamimous. It was like self discourse. I really wish I, lady geek, et al didn't bother. You have a document in your possession as does at least the surveyin...
by Uninvested
Sun Jul 31, 2011 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Elevation certificates for flood insurance in florida
Replies: 38
Views: 6776

Op, I just reread the thread. Why did you post it? You asked a question. A lot of us tried to help. You countered all the points which appeared unamimous. It was like self discourse. I really wish I, lady geek, et al didn't bother. You have a document in your possession as does at least the surveyin...
by Uninvested
Sun Jul 31, 2011 9:09 am
Forum: Personal Investments
Topic: Bond fund duration and yield--whynot invest longer term?
Replies: 10
Views: 1489

This is why you don´t want to be in long bonds. http://market-ticker.org/akcs-www?post=191032 http://www.c-spanvideo.org/program/SenRe/start/14756/stop/16376 You are of course right. Whatever they agree on does nothing to stop the growth of debt. it will cut the debt by reducing a 10 trillion incre...
by Uninvested
Sun Jul 31, 2011 8:45 am
Forum: Investing - Theory, News & General
Topic: Record municipal bankruptcy on table in Alabama
Replies: 3
Views: 740

The first of many. The people owed pensions by municipalities and states will either take less or get nothing.
by Uninvested
Sun Jul 31, 2011 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Long term health insurance
Replies: 16
Views: 2002

I would have ZERO confidence in any long term insurance plan. I would self insure. If the damn bursts, there is no way these companies will be able to cover all the boomers going into nursing home. That's equivalent to saying if all life insurance policyholders were killed tomorrow, they wouldn't b...
by Uninvested
Sun Jul 31, 2011 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Long term health insurance
Replies: 16
Views: 2002

I would have ZERO confidence in any long term insurance plan. I would self insure. If the damn bursts, there is no way these companies will be able to cover all the boomers going into nursing home.
by Uninvested
Sun Jul 31, 2011 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Elevation certificates for flood insurance in florida
Replies: 38
Views: 6776

If you don't have flood insurance for the first 30 days, you are at risk. I'd bring this up at settlement, with the bank rep present. (If you decide to settle.) --The above is from ladygeek. Are you telling me that you would close without the policy? Then I revise everything I said previously. If yo...
by Uninvested
Sun Jul 31, 2011 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Elevation certificates for flood insurance in florida
Replies: 38
Views: 6776

Does the relocation package say anything about keeping the house in good condition? Are the settlement funds coming directly from the relocation package or is there a waiting period for you to get reimbursed? IOW, If you settle on Thursday and the house is flooded on Friday, what happens? I don't t...
by Uninvested
Sun Jul 31, 2011 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Elevation certificates for flood insurance in florida
Replies: 38
Views: 6776

OP, I think you are very mistaken thinking that the flood zone situation doesn't effect home value. If I were to look at 2 houses, one with $600 and the other $5000 of flood insurance, I wouldn't go near the $5000. And God forbid you ever get a flood, even if you have insurance, you may never be ab...
by Uninvested
Sun Jul 31, 2011 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Elevation certificates for flood insurance in florida
Replies: 38
Views: 6776

Re: Elevation certificates for flood insurance in florida

... the seller's only paid about $900 per year for flood insurance (wind on the other hand is several thousand)... The insurance agent (I am using seller's agent) never questioned it at all. There is nothing illegal about using seller's elevation, according to another insurance agent I talked to. B...
by Uninvested
Sat Jul 30, 2011 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Elevation certificates for flood insurance in florida
Replies: 38
Views: 6776

OP, I think you are very mistaken thinking that the flood zone situation doesn't effect home value. If I were to look at 2 houses, one with $600 and the other $5000 of flood insurance, I wouldn't go near the $5000. And God forbid you ever get a flood, even if you have insurance, you may never be abl...
by Uninvested
Sat Jul 30, 2011 7:15 pm
Forum: Personal Investments
Topic: Bond fund duration and yield--whynot invest longer term?
Replies: 10
Views: 1489

I agree with nisiprius although I have not retained old bankbooks. Nisiprius, then to the OP, are you endorsing going to the long term tax exempt from the intermediate term which only extends duration a year and adds 0.8%? Anincrease of 0.8 on top of 2.8 % is a lot, no?
by Uninvested
Sat Jul 30, 2011 6:25 pm
Forum: Personal Investments
Topic: Bond fund duration and yield--whynot invest longer term?
Replies: 10
Views: 1489

Bond fund duration and yield--whynot invest longer term?

Colleagues: I respect greatly folks like Rick Ferri and Wm Bernstein who have advised using intermediate (or even short term per Bernstein) duration funds for the bond portion of the portfolio. Yet from everything I have read here, if one holds for the duration of the fund, then he/she would get the...
by Uninvested
Wed Jul 27, 2011 7:59 pm
Forum: Personal Consumer Issues
Topic: End of life issues - for a pet
Replies: 71
Views: 6927

Claude, I ma entitled to my opinions. A doctor will NEVER kill a patient. A vet will. I was too mild in my response. Not only will a vet deny treatment to an animal if the owner can't pay but he will euthanize an animal that can be healed by a more expensive procedure if the client doesn't want to p...
by Uninvested
Wed Jul 27, 2011 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Central Air Conditioner Service - Chemical Re-surface
Replies: 12
Views: 2043

I would not let this bother me at all. It is once in 5 years. It is like when I brought my car in as others do for the 60K service. They always find a few extra things for maybe 300 or 400 hundred more. So I do it and don't think twice as it is a rare not routine occurrence. That said, you paid it a...
by Uninvested
Wed Jul 27, 2011 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice - Education
Replies: 7
Views: 1383

How can you get a PhD and work full time? If it is a meaningful PhD, it would take 5 years or so and I didn't know you could get one part time. Here is my suggestions: you are in intelligent person who at a young age has had some bad job breaks. I would focus, careerwise, laser like only and I mean ...
by Uninvested
Wed Jul 27, 2011 7:09 pm
Forum: Personal Consumer Issues
Topic: End of life issues - for a pet
Replies: 71
Views: 6927

I've euthanized an estimated 10,000 pets during my career thus far. 99% of the time, I feel sorry but relieved for the animal. There is no good reason to allow needless suffering at the end of a life (animal or human). In retrospect, owners almost always feel euthanasia was the appropriate option g...
by Uninvested
Wed Jul 27, 2011 6:54 pm
Forum: Investing - Theory, News & General
Topic: All this talk of US debt default - a basic question
Replies: 50
Views: 4846

Extremely high rates of infant mortality contribute to the statistics but the fact is folks only lived half as long as they do now. Wanna factor that into your plan? I think it could be debated that extending someone's life to 85 years old from 80 by spending hundreds of thousands of dollars we don...
by Uninvested
Wed Jul 27, 2011 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: We may as well start the thread --Staying the Course
Replies: 64
Views: 6611

My five-year return, as of 06/30/2011, is 5.74% (annualized). Is that a bear market? Rhetorical question. In the last year things are up 15 % or so. Is that a bear market? I suggest you read up on the difference between secular and cyclical bear and bull markets before making comments indicating a ...
by Uninvested
Wed Jul 27, 2011 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: We may as well start the thread --Staying the Course
Replies: 64
Views: 6611

Re: We may as well start the thread --Staying the Course

Paul, indeed I personally believe a long term secular bear market actually began in 2000 and we are now 11 years into it. Oh me too... 1913-1929 - Bull - 16 years 1929-1946 - Bear - 17 years 1946-1966 - Bull - 20 years 1966-1982 - Bear - 16 years 1982-2000 - Bull - 18 years 2000-20xx - Bear - ? yea...
by Uninvested
Wed Jul 27, 2011 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: We may as well start the thread --Staying the Course
Replies: 64
Views: 6611

Re: We may as well start the thread --Staying the Course

I believe that it is possible that the bear market has begun in stock and bonds, extending the 5 year bear market in real estate, that I think will continue. Not to be measured by every day as there will be relief rallies, but looked on as a cancerous-type erosion of stock and bond and values for s...
by Uninvested
Wed Jul 27, 2011 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: We may as well start the thread --Staying the Course
Replies: 64
Views: 6611

According to the SBBI 2011 Yearbook, the worst performance period for a 5 year Government Bond (in real, inflation adjusted terms) was between 1940 and 1951. During that 11 year period, the real value of $1 invested in a 5 year Government Bond dropped to $0.63. However, for the investor who stayed ...
by Uninvested
Wed Jul 27, 2011 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: We may as well start the thread --Staying the Course
Replies: 64
Views: 6611

Looking at things from my perspective it is easy for me to stay the course. I think for each of us if we just need to know ourselves better and our risk meter. Then set up our portfolio appropriately. For nervous bogleheads, why ever own more then 50% stocks? I'm 31 with a decent portfolio, a stead...