Search found 6203 matches

by Alex Frakt
Thu Jan 25, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy to take a step off from work at age 35
Replies: 13
Views: 2222

Re: Strategy to take a step off from work at age 35

I couple of quick notes. The 4% rule of thumb is based on a 30 year retirement. So 65 to 95. 2% is more appropriate for your 60 year time frame. I'm pretty familiar with the development and evolution of expressions of the 4% rule, but I'm not aware of anything as firm, whether by reference to histo...
by Alex Frakt
Wed Jan 24, 2018 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy to take a step off from work at age 35
Replies: 13
Views: 2222

Re: Strategy to take a step off from work at age 35

I couple of quick notes. The 4% rule of thumb is based on a 30 year retirement. So 65 to 95. 2% is more appropriate for your 60 year time frame. At least one of you is going to have to continue to work at least part time or you are going to have to sell and move to a cheaper house. It's also a bad i...
by Alex Frakt
Wed Jan 24, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Swing Shift vs 8-5
Replies: 36
Views: 3341

Re: Swing Shift vs 8-5

The only way that a rotating shift schedule would have any chance of working for me is if my wife were a stay at home mother. If she had a job outside the house, even a part-time one, it would never work. Great point. I know several working families on shift and I truly have no clue how they do it....
by Alex Frakt
Tue Jan 23, 2018 12:28 am
Forum: Investing - Theory, News & General
Topic: What "efficient market" does and doesn't mean
Replies: 29
Views: 2150

Re: What "efficient market" does and doesn't mean

To understand the role that EMH plays, you need some historical context. Long before EMH, people studying stock or bond price series noticed that they appeared to be random, you simply couldn't predict the next price of a stock or bond or set of stocks and bonds (i.e. stock or bond index) from a rev...
by Alex Frakt
Mon Jan 22, 2018 6:28 pm
Forum: Personal Consumer Issues
Topic: Refinishing roughed in stairs - removing carpet
Replies: 60
Views: 5840

Re: Refinishing roughed in stairs - removing carpet

...More likely green wood was used or the wood was not allowed to acclimate for at least a couple of days in its new home prior to installation. Old time carpenters know that. A lot of modern handymen do not. The treads sat in our house for a week prior to installation so that wasn't an issue. ... ...
by Alex Frakt
Mon Jan 22, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 9645

Re: Short Commute or Nicer House?

I grew up in the city (NYC) and have lived in the suburbs now for a long time. I can't imagine not being able to go to the supermarket or wherever and not being able to toss my stuff in the trunk of my car and have to carry it around in all kinds of awful weather and step in slush/mud and worry abo...
by Alex Frakt
Mon Jan 22, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 9645

Re: Short Commute or Nicer House?

The main benefit of the suburban neighborhood, aside from the bigger and nicer house, would be the safety and the environment for the kids. It's a community filled with young families like us, which means it would be very easy to make friends, organize playdates, have people over for BBQs, etc. We'...
by Alex Frakt
Mon Jan 22, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: Pros and Cons of High Rise Condos for retired couple
Replies: 47
Views: 5882

Re: Pros and Cons of High Rise Condos for retired couple

I've been living in a high-rise condo in Chicago since 2005. It is my first purchased home. I always rented before, including for 2 years in another high-rise. I obviously enjoy it, but from talking to people around our neighborhood, which is exclusively high-rise apartments and condos, your satisfa...
by Alex Frakt
Sun Jan 21, 2018 3:39 am
Forum: Personal Finance (Not Investing)
Topic: What's your annual cost of living (expenses)?
Replies: 40
Views: 4042

Re: What's your annual cost of living (expenses)?

Locked. Non-actionable. From this subforums posting guidelines : Note that topics must be directly connected to your (or your friend's or family's) financial life. General comments or complaints about these topics will be removed. If you aren't sure if a topic is OK, ask yourself these questions. 1...
by Alex Frakt
Sun Jan 14, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: where does one buy "health insurance" in the USA?
Replies: 17
Views: 1585

Re: where does one buy "health insurance" in the USA?

Locked. The on-topic parts of this thread have been addressed.
by Alex Frakt
Sun Jan 14, 2018 3:22 am
Forum: Personal Consumer Issues
Topic: Car people: 2014 E63 AMG or 2018 E400 wagon??
Replies: 69
Views: 5387

Re: Car people: 2014 E63 AMG or 2018 E400 wagon??

Just in case you change your mind, there's 5 days left on this auction on bringatrailer.com: Modified 2012 Mercedes-Benz E63 AMG Wagon . The biturbo 5.5-liter V8 sends power to the rear wheels through a 7-speed AMG Speedshift automatic transmission. A Mercedes-Benz A-Service was completed in October...
by Alex Frakt
Fri Jan 12, 2018 10:08 pm
Forum: Personal Consumer Issues
Topic: Has InformedforLife.org (vehicle safety ratings) gone too far?
Replies: 29
Views: 2544

Re: Has InformedforLife.org (vehicle safety ratings) gone too far?

Yes, he has gone too far. I say "he", because informedforlife.org is the pet project of one person, retired aerospace engineer Michael Dulberger. When he was aggregating NHTSA and IIHS ratings, it was fine. But, IMO, his opinion that weight trumps all else is not supported by the evidence. For one t...
by Alex Frakt
Fri Jan 12, 2018 12:40 am
Forum: Investing - Theory, News & General
Topic: Zimbabwe stock market acting strangely again
Replies: 15
Views: 2202

Re: Zimbabwe stock market acting strangely again

OkieIndexer wrote:
Thu Jan 11, 2018 12:45 pm
Zimbabwe market giving Bitcoin a run for its money...then proceeded to plunge -57% in a WEEK!
Did you check for distributions?

:D
by Alex Frakt
Thu Jan 11, 2018 3:22 am
Forum: Personal Consumer Issues
Topic: Help choosing a hatchback- civic, golf, prius and Volvo V60
Replies: 40
Views: 2810

Re: Help choosing a hatchback- civic, golf, prius and Volvo V60

We are basically down to maintenance/insuring costs on these four choices. Are Volvo, Volkswagen expensive to maintain? reliable enough as Honda/Toyota. Get the Civic if reliability and maintenance costs are the most important factor. A V60 with the built-in child seats gives your more room and bet...
by Alex Frakt
Thu Jan 11, 2018 2:40 am
Forum: Personal Consumer Issues
Topic: Sell Sports Car and Invest or Keep for Fun Factor
Replies: 25
Views: 1560

Re: Sell Sports Car and Invest or Keep for Fun Factor

Financial background: I'm 28, debt-free and with a great, stable job and no mortgage. I'm maxing all retirement accounts and most of my extra money goes into paying for a part-time MBA. I have a red 2005 Honda S2000 (convertible coupe) with 54,000 miles that I could probably easily sell for ~$20k -...
by Alex Frakt
Tue Jan 09, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Car recommendations needed for growing family
Replies: 34
Views: 2876

Re: Car recommendations needed for growing family

We're a family of 4 with a toddler and baby. Our parents are also likely to visit often. Therefore, we're thinking about getting one bigger car for hauling the whole family around (perhaps a 7-seater?), and another smaller car to use for daily commuting (sedan or coupe). Priorities: 1) fuel efficie...
by Alex Frakt
Tue Jan 09, 2018 2:26 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 13886

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

mikemagz11 wrote:
Mon Jan 08, 2018 8:57 pm
Why not just having a running milestone thread that people can post their milestones if they want?
I'm going with this suggestion. The new thread is Post your Financial Milestone Announcements Here. We'll see how it works out. Who wants to get it started?
by Alex Frakt
Tue Jan 09, 2018 2:22 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 58099

Post your Financial Milestone Announcements Here

Following the discussions at https://www.bogleheads.org/forum/viewtopic.php?f=3&t=237250 , we are going to make this an omnibus thread for member announcements that they have reached a financial milestone such as achieving a million in net worth, aka, joining the 2 Comma Club, and member responses t...
by Alex Frakt
Mon Jan 08, 2018 11:07 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 13886

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

There are actually several other sorts of strictly non-actionable posts that I feel contribute to the sense of community. The most notable of them is the "didactic" post, IMO most of the best stuff in the theory section falls into this category. We have plenty of subject matter experts who will pos...
by Alex Frakt
Mon Jan 08, 2018 10:56 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 13886

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

Jags4186 wrote:
Mon Jan 08, 2018 10:09 am
The forum would be pretty boring if everyone followed all the rules...only actionable threads, no duplicate posts, read the wiki before asking questions...
Only one of those is an actual rule.
by Alex Frakt
Mon Jan 08, 2018 10:53 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 13886

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

Keep these threads in the Local Chapters and Bogleheads Community please. After reading the responses so far, this is what I'm leaning towards. That subforum could use some more content anyway. I put it in there because we need an easy way to find local chapter meetings and we also use it for occas...
by Alex Frakt
Mon Jan 08, 2018 1:33 am
Forum: Investing - Theory, News & General
Topic: Recessions in the USA (list) - Where are we now? Actionable Steps?
Replies: 31
Views: 3067

Re: Recessions in the USA (list) - Where are we now? Actionable Steps?

... 1) Where are we now? 2) Actionable steps to survive/thrive? 3) Stay the course? 1) Nobody knows. 2) Keep/get your debt under control. Make sure there's a comfortable delta between your income and your expenses. Have an emergency fund. Consider whether the long run-up in stock prices will allow ...
by Alex Frakt
Mon Jan 08, 2018 1:17 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 13886

Help me understand question-less financial status (e.g. "2 comma club") threads.

Since I drafted the forum policies shortly after the forum went live, we've had a requirement that threads be actionable , which we usually describe as "You must be able to do something specific with the replies that will make a difference in your situation." This requirement was drafted both for th...
by Alex Frakt
Sat Jan 06, 2018 3:21 am
Forum: Personal Finance (Not Investing)
Topic: How can I move back to NYC with such high taxes? (State/City tax, Unincorporated Business Tax)
Replies: 110
Views: 9540

Re: How can I move back to NYC with such high taxes? (State/City tax, Unincorporated Business Tax)

Big winter-wonderland snow storm today and I'm glad I'm in town! Thanks Ron! I miss being able to walk around the city after a snowstorm. I used to live near Gramercy Park. That area is breathtaking when it snows. How about Chicago? Plenty of parks to walk around in after a snowstorm :-) No city ta...
by Alex Frakt
Sat Jan 06, 2018 2:03 am
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 11339

Re: Misuse of adverse when averse was meant

mega317 wrote:
Sat Jan 06, 2018 1:40 am
Alex Frakt wrote:
Sat Jan 06, 2018 1:37 am
it's antonym.
Nice.

I also like "could care less".
:oops: Fixed the possessive its.
by Alex Frakt
Sat Jan 06, 2018 2:02 am
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 11339

Re: Misuse of adverse when averse was meant

The only time typos, poor grammar, or incorrect word usages bother me are in published books. I really liked the Sword of Truth series by Terry Goodkind, but each book seemed to have at least one error. Does this reflect the quality of book editors or type of book editing used today? My friend A. J...
by Alex Frakt
Sat Jan 06, 2018 1:37 am
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 11339

Re: Misuse of adverse when averse was meant

mega317 wrote:
Fri Jan 05, 2018 11:20 pm
But language is arbitrary and fluid. If enough people do something wrong, it becomes right.
And that's how literally became its antonym.
by Alex Frakt
Fri Jan 05, 2018 8:29 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 11339

Re: Misuse of adverse when averse was meant

@cal91 :D :D I grew up using "English" spelling. I learn t that I supposedly made many spelling mistakes. On "public" forums, I use the majority approved spelling; on my personal social media (FB/blog etc), I use a judgement call and favour my original spelling! It becomes confusing when one writes...
by Alex Frakt
Fri Jan 05, 2018 8:22 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 11339

Re: Misuse of adverse when averse was meant

The moderators do a great job improving thread titles now and then. Should they change the word "adverse" to "averse" as well? If folks see "adverse" all the time, they will eventually think it is the correct word to use when it isn't, so changing it where many people see it used incorrectly would ...
by Alex Frakt
Fri Jan 05, 2018 3:06 am
Forum: Personal Consumer Issues
Topic: internet browsers and free software?
Replies: 17
Views: 1840

Re: internet browsers and free software?

One of the best things about being a programmer is that if something bothers you about existing software (or if something you want doesn't exist at all), you can do something about it. If your new widget is sufficiently useful and reliable, why not share it? Even if you think someone might pay for i...
by Alex Frakt
Fri Jan 05, 2018 2:08 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 112
Views: 10672

Re: Heading for a top?

Thank you all for your thoughtful replies. I will basically just re-evaluate my risk tolerance. I have stayed in equities throughout the past 15 years so I've been through some downturns and I'm sure I'll be through some more. Best of Luck Risk tolerance is the last step in determining your equity ...
by Alex Frakt
Thu Jan 04, 2018 11:12 pm
Forum: Forum Issues and Administration
Topic: New Record? [number of posts in a day]
Replies: 8
Views: 2209

Re: New Record? [number of posts in a day]

We hit 2117 on Dec. 29, 2017. Lots of Tax Act posts.
by Alex Frakt
Thu Jan 04, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: Boglehead View on Entrepreneurship?
Replies: 13
Views: 1383

Re: Boglehead View on Enterprenureship?

Apples and oranges. Successful passive investing requires stock and bond markets to have a whole suite of characteristics such as ready liquidity, transparent pricing and controls on corporate behavior such as standardized financial reporting and curbs on insider trading. None of this is applicable ...
by Alex Frakt
Thu Jan 04, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 112
Views: 10672

Re: Heading for a top?

bumping due to delayed moderator approval
by Alex Frakt
Tue Jan 02, 2018 1:50 am
Forum: Personal Finance (Not Investing)
Topic: [Finding a] Worker's Compensation [Lawyer]
Replies: 2
Views: 360

Re: [Finding a] Worker's Compensation [Lawyer]

It's always tough finding a specialist attorney. Online rankings are worse than useless, since poor attorneys are often willing to spend the time gaming the sites while the good ones ignore them and live happily off referrals. Do you have any friends that are lawyers or have you used a lawyer for so...
by Alex Frakt
Mon Jan 01, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: starving artist inherits 280,000 dollars
Replies: 19
Views: 4062

Re: starving artist inherits 280,000 dollars

Don't depend on this. But after some brief further reading, it appears that the amount of principal returned is year is simply the total purchase price divided by the beneficiary's life expectancy from a table in IRS Publication 590-B. So for the information and example provided above we have 200,00...
by Alex Frakt
Mon Jan 01, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: starving artist inherits 280,000 dollars
Replies: 19
Views: 4062

Re: starving artist inherits 280,000 dollars

I am absolutely no expert on SPIAs, but isn't some significant portion of the "income" you get from it, just return of your own principal, and non-taxable? How much of the monthly payout is actually taxable? Would it put OP over the relevant income limits? Excellent point. Here's an article explain...
by Alex Frakt
Mon Jan 01, 2018 5:20 pm
Forum: Personal Consumer Issues
Topic: Want adequate filter to discharge clothes drier indoors
Replies: 24
Views: 2716

Re: Want adequate filter to discharge clothes drier indoors

It may seem counter-intuitive, but the colder it is, the less you want the humidity to be in your house. http://www.rmsab.com/articles/proper-indoor-humidity/ Dumping moist dryer air into the house can cause damage. I don't think you want to breathe in fabric softener fumes either. I run humidifier...
by Alex Frakt
Mon Jan 01, 2018 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Are you generous? If so, why?
Replies: 7
Views: 1325

Re: Are you generous? If so, why?

Locked. Non-investing general comment threads are off topic. More on this forum policy here: viewtopic.php?f=3&t=112988

Note that it would be acceptable to post to ask for help in deciding how much you should give (both personal and actionable).
by Alex Frakt
Mon Jan 01, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: SALT Tax Deduction Max of $10K is NOT indexed to Inflation
Replies: 29
Views: 4978

Re: SALT Tax Deduction Max of $10K is NOT indexed to Inflation

This thread is on the verge of being locked. Please keep in mind that posts must be about the law as it is, rather than what we think it should be. Also posts must be personal and actionable. As stated in this forum's posting guidelines: Note that topics must be directly connected to your (or your ...
by Alex Frakt
Mon Jan 01, 2018 3:17 am
Forum: Investing - Help with Personal Investments
Topic: [New Investor - Insurance Policies as] Bond Asset and When to buy
Replies: 2
Views: 318

Re: [New Investor - Insurance Policies as] Bond Asset and When to buy

What will the insurance policies pay? And do you have to continue making premiums to receive it? If you don't have to pay anything more, you would determine their value for your income (or bond) holdings by calculating the present value of your eventual payout or by figuring out how much you would h...
by Alex Frakt
Mon Jan 01, 2018 2:34 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance without the hassle?
Replies: 25
Views: 2854

Re: Health insurance without the hassle?

I'm somewhat suspicious of Kaiser because in this case I feel like I'm trying to get away from the socialized aspects of the system I'm in. I was extremely happy with Kaiser when I had it. It would be my first choice if it were available in my current state. BTW,the description "socialized" doesn't...
by Alex Frakt
Mon Jan 01, 2018 2:17 am
Forum: Personal Consumer Issues
Topic: Want adequate filter to discharge clothes drier indoors
Replies: 24
Views: 2716

Re: Want adequate filter to discharge clothes drier indoors

I have one of the vent buckets that you have to keep water in to trap the lint. Like this one: https://www.amazon.com/dp/B000DZFTC6/ Seems like a small volume to handle all that air. About a gallon? Does it have a draincock on the bottom so you can drain the dirty water into the washer drain? It lo...
by Alex Frakt
Sun Dec 31, 2017 1:09 pm
Forum: Investing - Theory, News & General
Topic: Buffett wins his bet: S&P500 beats selected hedge funds over last 10 years
Replies: 45
Views: 7018

Buffett wins his bet: S&P500 beats selected hedge funds over last 10 years

From Fortune - http://fortune.com/2017/12/30/warren-buffett-million-dollar-bet/ Buffett officially “won” the wager on Friday, but said throughout 2017 that he was confident that he would win. Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than...
by Alex Frakt
Sun Dec 31, 2017 4:05 am
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo Target Retirement 2030 [fund drop due to distribution question]
Replies: 9
Views: 756

Re: Wells Fargo Target Retirement 2030 [fund drop due to distribution question]

I was curious about the size of the drop, so I looked it up for you. Most of the distribution was in the form of Long-term capital gains. They either seriously churn this portfolio or had a large amount of redemptions during the year. Good thing you hold this in a tax-advantaged account. Distributio...
by Alex Frakt
Sun Dec 31, 2017 3:57 am
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo Target Retirement 2030 [fund drop due to distribution question]
Replies: 9
Views: 756

Re: Wells Fargo Target Retirement 2030

Your fund undoubtedly paid a distribution of dividends and possibly capital gains. This causes the NAV to drop by the amount of the distribution. If you have dividends automatically reinvested, you will find you have more shares of the fund in a couple of days. Otherwise, you'll have some fresh cash...
by Alex Frakt
Sun Dec 31, 2017 3:38 am
Forum: Investing - Help with Personal Investments
Topic: 4000% gain utility stock possible?
Replies: 12
Views: 1327

Re: 4000% gain utility stock possible?

Locked. No actionable content.
by Alex Frakt
Sun Dec 31, 2017 3:26 am
Forum: Personal Consumer Issues
Topic: Want adequate filter to discharge clothes drier indoors
Replies: 24
Views: 2716

Re: Want adequate filter to discharge clothes drier indoors

I live in a condo where we aren't allowed to vent our dryers into the building vent system. So I mostly hang dry my clothes on Ikea racks. As a bonus the clothes last a lot longer. When I do have to use the dryer, I have one of the vent buckets that you have to keep water in to trap the lint. Like t...