Search found 73 matches

by stinkycat
Fri Jun 08, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 14005

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

There is one avenue that would be a possibility, assuming you don't care about status. You could get a JD to teach business law type courses in a lower tier business school. My university pays well below market (about $90k to start), but we have hired a few attorneys who are more interested in the l...
by stinkycat
Mon Jun 04, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: What is your Take Home Pay / Gross Pay ratio?
Replies: 89
Views: 7540

Re: What is your Take Home Pay / Gross Pay ratio?

At one time my wife was contributing 80% of her take home pay until she hit the max. So her take home was less than 10% of the gross. We used to laugh at her dollar per hour. Her employer contributes a fixed percentage, and she wasn't sure if she was going to stay in the job so it made sense to take...
by stinkycat
Mon Apr 16, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)
Replies: 12
Views: 1814

Re: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)

Interesting list. I find it interesting that VNQ is not on the list, although the schwab reit etf is on the list. I would be tempted but if I open one more account I am going to have to start attending brokerage account anonymous meetings.
by stinkycat
Mon Apr 02, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: Where Nobel Economists Put Their Money
Replies: 19
Views: 4813

Re: Where Nobel Economists Put Their Money

Investment portfolio of tenured professors at elite institutions have almost no meaning to that of almost everyone else. This is because the ROI from their human capital has a guaranteed SWR for as long as they want subject to sudden and drastic decline in cognitive abilities. Their portfolio is an...
by stinkycat
Wed Mar 28, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Advice for retirees.. who writes this stuff!?
Replies: 8
Views: 2116

Re: Advice for retirees.. who writes this stuff!?

I would rather go to the casino, at least I would get free drinks.
by stinkycat
Fri Mar 02, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 318
Views: 26322

Re: free dinner investing seminar

There’s no free dinner. I received one free dinner in my life. We were just married and my step-mother in law signs us up for a dinner that she was supposed to go to as well. She ends up skipping the dinner and my wife and I end up at this dinner where we were 20 years younger than everyone else. A...
by stinkycat
Sun Dec 24, 2017 9:34 am
Forum: Investing - Theory, News & General
Topic: Who missed out on maximizing 401k?
Replies: 62
Views: 6327

Re: Who missed out on maximizing 401k?

The way to avoid this going forward is to use a percentage that may amount to be slightly above $18K. The employer system will automatically cut off at the maximum permitted by law. Actually it depends on the employer. For my wife, it works just fine. For me, they will stop at the last deposit befo...
by stinkycat
Thu Dec 21, 2017 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Stay with TD Ameritrade or move to Schwab,Fidelity
Replies: 43
Views: 4824

Re: Stay with TD Ameritrade or move to Schwab,Fidelity

Our largest account is at TD Ameritrade. I also have accounts at schwab and fidelity and they will be getting most of the new money. I may call them up to get a few free trades, we do have our roth IRAs there and the new REIT offering seems too illiquid for my tastes.
by stinkycat
Mon Nov 06, 2017 5:48 pm
Forum: Personal Consumer Issues
Topic: Anyone did tours (to Peru) with Gate 1 Travel?
Replies: 16
Views: 1844

Re: Anyone did tours (to Peru) with Gate 1 Travel?

I appreciate the comments on this thread. I usually do things independently, but some of the deals on Gate 1 look tempting. It is good to hear some feedback.
by stinkycat
Sun Oct 22, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: Best bathroom fan choice?
Replies: 16
Views: 1244

Re: Best bathroom fan choice?

We bought the Panasonic FV-08VQL6 about a year ago. We are very happy with it, it is incredibly quiet. We have to remember to turn it off it is so quiet.
by stinkycat
Wed Oct 18, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 562
Views: 65379

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

I find this somewhat annoying. I have a sizable TDA account, driven mainly by the vanguard commission free etf offerings. I also have accounts at fidelity and schwab. Right now, the latter two have better offerings, so new money is likely to go that way. I am debating whether to open a Vanguard acco...
by stinkycat
Mon Jul 31, 2017 2:05 pm
Forum: Personal Consumer Issues
Topic: Filling bookshelves cheaply
Replies: 56
Views: 3551

Re: Filling bookshelves cheaply

As one who has been a professor for over 25 years, I certainly wouldn't pay too much for books just to fill a shelf. Acquiring books in an occupational hazard. Whatever you do don't take your book collection too seriously. One time I told a colleague I was paring down my book collection, he pointed ...
by stinkycat
Thu Jul 27, 2017 3:27 am
Forum: Investing - Help with Personal Investments
Topic: Why not Schwab instead of Vanguard?
Replies: 68
Views: 7149

Re: Why not Schwab instead of Vanguard?

As a schwab customer, the reason to use Vanguard is their breadth of low cost offerings cannot be beat. If you just want a three fund portfolio then Schwab is very good. They say Schwab has very good customer service, but in four years I have had little interaction with them. If you travel internati...
by stinkycat
Sun Jul 23, 2017 6:53 pm
Forum: Personal Consumer Issues
Topic: Potential Move to the Upper Valley, NH
Replies: 24
Views: 2224

Re: Potential Move to the Upper Valley, NH

Depending on your situation, it could be cheaper to live in Vermont. With the emphasis on could. Vermont has a progressive income tax, but housing is considerably cheaper. I know a guy whose wife does not work outside the home and he did the math and found Norwich cheaper.
by stinkycat
Sat Jul 15, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Market vs Limit order
Replies: 50
Views: 5139

Re: Market vs Limit order

I used to be rather obsessive about placing limit orders. Until I realized that most of my orders are for very liquid securities, like VTI and I typically buy around 5 shares at a time. I just started using market orders and was done with it.
by stinkycat
Fri Jul 14, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 9599

Re: Do you consider business travel to be a perk or a burden?

For me, as an academic, travel tends to be more of perk rather than a burden. I have a small budget for conferences and I can usually choose which conference to go to. Sometimes my boss wants me to go to a particular conference but that comes out of her budget. One thing I have never understood is ...
by stinkycat
Fri Jul 14, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 9599

Re: Do you consider business travel to be a perk or a burden?

For me, as an academic, travel tends to be more of perk rather than a burden. I have a small budget for conferences and I can usually choose which conference to go to. Sometimes my boss wants me to go to a particular conference but that comes out of her budget. One thing I have never understood is w...
by stinkycat
Sat Jul 08, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 62
Views: 16521

Re: Fidelity, Vanguard or Schwab? I need to choose.

I have fidelity and schwab and both are perfectly fine organizations, I have not had a problem with them. Either is perfectly good for your standard three fund portfolio. Plus they both have branches, which may be convenient, although I have never needed to use a branch. I don't have an account at V...
by stinkycat
Sun Jul 02, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 19082

Re: Bogleheads: you should be buying 10-year old cars

Thread title should have been "Cheapskates" rather than "Bogleheads" I think it depends on the context. I would not call a recent college graduate a cheapskate for buying a 10 year old car. That may well be a very prudent thing to do. Perhaps one ought to call me a cheapskate if I bought a 10 year ...
by stinkycat
Mon May 29, 2017 1:46 pm
Forum: Investing - Theory, News & General
Topic: Credit unions are non-profit, how come they do not dominate over banks???
Replies: 73
Views: 7466

Re: Credit unions are non-profit, how come they do not dominate over banks???

My hunch is that economies of scale at many banks dwarf the nonprofit advantage. I fondly remember the credit union I had in graduate school, it was a really good deal, but today it cannot compete with the banks.
by stinkycat
Mon May 29, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground
Replies: 52
Views: 9266

Re: Bloomberg hit piece - Vanguard's Irritating Perch on the Moral High Ground

You're right and I should have known that since their HQ is two blocks from where I work. I lumped it in with the rest because their mission is more like the other companies than Vanguard. I don't know. Last time I was in Fidelity's local office, I scored a free coke zero and some cookies. Vanguard...
by stinkycat
Tue May 16, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Retirees afraid to spend? (Bloomberg)
Replies: 47
Views: 3717

Re: Retirees are hoarding cash

I wonder how much of this is behavioral. I don't spend as much as a could while I am working. Once I retire, I will probably spend less than I could then as well. It might just be a matter of temperament.
by stinkycat
Wed May 10, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Brokered Recommended CD - good option?
Replies: 21
Views: 2197

Re: Brokered Recommended CD - good option?

I just hate brokers calling about brokered CDs. My guess is that they call like this when it is to their benefit -- not to yours. I don't see this as a big deal. If I was writing robo-software for a firm like TDAmeritrade, I would have it look at clients' accounts, see if client had assets in CDs (...
by stinkycat
Tue Apr 25, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 6100

Re: New job and offer - recruiter sent a wrong $$

There seems to be a significantly possibility that they are playing games and in my experience, companies that play games are not the best to work for.
by stinkycat
Sun Apr 23, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 24140

Re: Any regrets living a frugal life for high income/high networth individuals?

Another question for the high income frugal individuals. How often did you have to bat off "Keeping up with the Joneses"? Did it come up regularly where you saw co-workers/friends/relatives taking their trips to Italy and Spain, getting their new (insert item here) and you felt a need to "keep up"?...
by stinkycat
Wed Sep 28, 2016 6:58 am
Forum: Personal Consumer Issues
Topic: Does it matter what type of college one goes to?
Replies: 250
Views: 20727

Re: Does it matter what type of college one goes to?

Another move is to crush it at an easier, lower tier school for 4 years, get a high GPA, and then go to a top tier for grad school. By then the student will have a much better idea of what they're looking to accomplish with their education. This was my plan but it turned out to be the wrong move fo...
by stinkycat
Sun Sep 25, 2016 5:24 pm
Forum: Personal Consumer Issues
Topic: Trader Joe's Fans - good value?
Replies: 91
Views: 10378

Re: Trader Joe's Fans - good value?

I am surprised we have two pages of posts and only one person has mentioned two buck chuck. The market must be doing well. I have never tried it though, since our TJs don't sell wine. Seriously, I find it is a bit cheaper for a "trendy" grocery store. They are no Price Rite, but we usually find some...
by stinkycat
Sun Jun 12, 2016 4:37 am
Forum: Personal Consumer Issues
Topic: Cats in yard, what to do?
Replies: 38
Views: 4313

Re: Cats in yard, what to do?

Havaheart box trap, take to local shelter. Sometimes animal control in your town will loan out a box trap. +1. Use can of sardines, works every time. Can purchase the trap on Amazon. Then take them to local animal services. Feral cats not good for any neighborhood, they kill songbirds and spread ti...
by stinkycat
Tue May 24, 2016 7:47 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway always beats SP500
Replies: 51
Views: 7830

Re: Berkshire Hathaway always beats SP500

There was a paper from some researchers at Yale that suggested Berkshires higher returns were due to Buffett's cheap source of leverage. Anyone familiar and or have comments on that theory?
by stinkycat
Sat Apr 02, 2016 4:48 pm
Forum: Personal Consumer Issues
Topic: Living in/near New Haven CT
Replies: 21
Views: 2364

Re: Living in/near New Haven CT

Going east you have Branford, Guilford and Madison which are all nice towns, good schools and have small downtowns near train stations. Going West, I would suggest Milford or Fairfield. However, going west is more expensive as you are going towards NYC. What is she looking for? Does she want to be ...
by stinkycat
Mon Dec 07, 2015 10:47 am
Forum: Personal Consumer Issues
Topic: Any opinions on a ventless dryer?
Replies: 16
Views: 2822

Re: Any opinions on a ventless dryer?

Thanks everyone for their feedback. I have learned more about the pros and cons here than I have anyplace else.
by stinkycat
Sat Dec 05, 2015 12:51 pm
Forum: Personal Consumer Issues
Topic: Any opinions on a ventless dryer?
Replies: 16
Views: 2822

Any opinions on a ventless dryer?

We need to buy a new dryer, but our venting needs to be replaced and I am not sure how to replace it without tearing out the wall, since it is a real tight fit. However, I recently noticed that they make ventless dryers, but I have seen few reviews on them. Does anyone here have experience with them...
by stinkycat
Tue Nov 17, 2015 10:00 am
Forum: Personal Consumer Issues
Topic: Telephone number for Voice Mail Only
Replies: 17
Views: 1954

Re: Telephone number for Voice Mail Only

Let me give another vote for Google Voice. Getting voicemails in your email is so convenient, especially for me since I am not much of a cell phone guy.
by stinkycat
Mon Nov 16, 2015 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Tired of big bank fees - I'm looking at you BofA
Replies: 30
Views: 3613

Re: Tired of big bank fees - I'm looking at you BofA

I am pretty happy with my Discover checking account. No fees and I get paid a tiny amount to use it.
by stinkycat
Tue Sep 29, 2015 4:17 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Amex: Security Annoyances
Replies: 92
Views: 11584

Re: Fidelity 2% Amex: Security Annoyances

I had my card shutdown once. But reading the comments i should consider myself lucky. Can't beat the 2% though.
by stinkycat
Sun Aug 02, 2015 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 97
Views: 36042

Re: Is Being a Private Banking Client Worth it?

I disagree, as Bogleheads we know BS and can smell it when the bank sells it. I have no intention of using the private banking for investment purposes, but it's more for the non-investment perks that I've heard about, such as: - Better credit card rewards. See my original post. 2.625% cashback on a...
by stinkycat
Sun Aug 02, 2015 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 97
Views: 36042

Re: Is Being a Private Banking Client Worth it?

I have often wondered about this. The Merrill Lynch/BOA deal has intrigued me a bit, it seems to be one of the more lucrative deals around. A related question is, what is the best broker/bank for a boglehead with $100k plus? I am Apex at TD ameritrade and while I have never had a problem with custom...
by stinkycat
Fri Jul 24, 2015 6:31 am
Forum: Personal Consumer Issues
Topic: Asking for separate checks?
Replies: 88
Views: 10532

Re: Asking for separate checks?

What I hate is when I am on a business trip with co-workers who are people I would not normally hang out with. We went to dinner one time and a colleague had 3 ten dollar martinis and then when the bill came he wanted to split the check evenly. Fortunately, one colleague meticulously calculated how ...
by stinkycat
Fri Jul 17, 2015 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 87
Views: 16379

Re: The Good the Bad and the Ugly of real estate

I think a lot of it depends on your skills and temperament. I am an academic boglehead, so the idea of dealing with the maintenance issues just does not appeal to me. I am also cheap, so I know I would get annoyed every month when I saw the fees a property management company would take. For me, buy ...
by stinkycat
Tue Jul 14, 2015 10:06 am
Forum: Investing - Theory, News & General
Topic: The Brainwashing of the American Investor
Replies: 68
Views: 12390

Re: The Brainwashing of the American Investor

I challenge anyone on the thread to go over my posts and show where I said his methods are better than the Boglehead approach.Never said it.Show one post where I said I follow the guy,am an expert on his methods or believe bogleheads should use his system.I did say the guy is knowledgable about inv...
by stinkycat
Mon Jul 13, 2015 11:54 am
Forum: Investing - Theory, News & General
Topic: The Brainwashing of the American Investor
Replies: 68
Views: 12390

Re: The Brainwashing of the American Investor

As I said I do not follow the guy or use his system.What is true is the automatic dismissal of anything non boglehead as if all the millions of people who invest that are not bogleheads are doomed to failure.I do have to tell you that there are many very successful investors that do not buy index f...
by stinkycat
Mon Jul 13, 2015 11:36 am
Forum: Investing - Theory, News & General
Topic: look at structured notes
Replies: 16
Views: 1943

Re: look at structured notes

I think some of the fees active managers charge or 401k fees are nothing short of legal robbery. When new posters show some of the 401k funds they are in how can you conclude otherwise? Sometimes "market failures" are caused by too much government regulation in the first place and can be solved thr...
by stinkycat
Sun Jul 12, 2015 1:11 pm
Forum: Investing - Theory, News & General
Topic: The Brainwashing of the American Investor
Replies: 68
Views: 12390

Re: The Brainwashing of the American Investor

Lock the bum up!But that does not have any bearing on whether or not his methods are successful regarding his returns.I personally believe that his methods work for him but way too complex for me and most people.Over and out :D Here is the problem, we have no idea whether his ideas work. To be fair...
by stinkycat
Sun Jul 12, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a home for parent
Replies: 14
Views: 1781

Re: Buying a home for parent

Is there rent assisted senior housing near you? You might want to look into that before you buy a house for her. My wife's grandmother had a small apartment for which she paid about $165 a month. It was in a decent community too.
by stinkycat
Sat Jul 11, 2015 10:20 am
Forum: Investing - Theory, News & General
Topic: look at structured notes
Replies: 16
Views: 1943

Re: look at structured notes

The article is very good and makes really good points. However, I am a bit afraid of potential unintended consequences of outlawing financial products that are not deemed socially beneficial. I mean, would a product like index etfs have survived such a standard? I think that on the one hand, financi...
by stinkycat
Sun Jun 28, 2015 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Should I borrow if I can buy a house with cash?
Replies: 27
Views: 5415

Re: Should I borrow if I can buy a house with cash?

I would be tempted to use some leverage, particularly if the property has solid consistent cash flows. The particular attraction to me would be the fact that you are paying your interest payments with pre-tax dollars. I would be careful about how much leverage you use though because I have seen peop...
by stinkycat
Tue Apr 28, 2015 10:54 am
Forum: Personal Finance (Not Investing)
Topic: DIY distance moving
Replies: 38
Views: 5610

Re: DIY distance moving

Does anyone have experience with those pods they drop off at your house and then pick up for you?
by stinkycat
Wed Apr 22, 2015 8:42 pm
Forum: Personal Consumer Issues
Topic: Living in New Hampshire?
Replies: 35
Views: 6307

Re: Living in New Hampshire?

I second the plug for the Upper Valley. It has a nice mix of amenities along with a reasonable, but not particularly cheap cost of living. If you go about an hour north it gets much cheaper, but then you are away from everything.
by stinkycat
Sat Feb 07, 2015 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Free TaxAct software
Replies: 20
Views: 2240

Re: Free TaxAct software

I have used taxact for a few years. The only annoyance are the constant popups asking you to upgrade, but other than that it is hard to beat free.