Search found 816 matches

by alpenglow
Tue Jul 16, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Retire or relocate to Portland, Maine
Replies: 26
Views: 3641

Re: Retire or relocate to Portland, Maine

You won't need to worry about mud season in the Portland area! It's a big deal in more rural parts of New England though. It happens late winter/early spring when everything starts to thaw out and the dirt roads get wicked muddy.
by alpenglow
Thu Jul 11, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7439

Re: Has anyone inherited a obligation/burden/responsibility?

I greatly fear these situations on both sides of my family. My sister and I are estranged and my in-laws apparently have no will with most "assets" in tchotchkes. My wife and I have both agreed to not do this to our children. I really feel for people that get caught in these types of situations. :(
by alpenglow
Thu Jul 11, 2019 12:58 pm
Forum: Personal Consumer Issues
Topic: Drive to Olympic National Park from Midwest
Replies: 25
Views: 1683

Re: Drive to Olympic National Park from Midwest

No one has mentioned this, but I would consider, if I were you, doing the return trip up into Canada - take the ferry from Port Angeles to Victoria, BC. Then you could check out Vancouver island (maybe time for visit to Tofino/Ucluelet), before taking ferry back to mainland Canada and then driving ...
by alpenglow
Thu Jul 11, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: Drive to Olympic National Park from Midwest
Replies: 25
Views: 1683

Re: Drive to Olympic National Park from Midwest

No one has mentioned this, but I would consider, if I were you, doing the return trip up into Canada - take the ferry from Port Angeles to Victoria, BC. Then you could check out Vancouver island (maybe time for visit to Tofino/Ucluelet), before taking ferry back to mainland Canada and then driving ...
by alpenglow
Wed Jul 10, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 7989

Re: Who cuts your hair? And for how much?

My wife. $0.

See also does the kids. The imputed value of those clippers I bought over a decade ago is amazing.
by alpenglow
Sat Jul 06, 2019 7:11 am
Forum: Personal Consumer Issues
Topic: Have you cleaned your own carpets?
Replies: 26
Views: 1719

Re: Have you cleaned your own carpets?

We have some sort of Hoover carpet cleaner. It is heavy and doing the whole house is a bit of a workout, but we've been doing it ourselves for years. Since we own the machine, we don't have to worry about any "ick" factor from rental equipment. We are clean people but I'm always floored (pun intende...
by alpenglow
Thu Jul 04, 2019 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Big Hospital Bill - Any way to negotiate ?
Replies: 130
Views: 7583

Re: Big Hospital Bill - Anyway to negociate ?

Let them know that you will be paying out of pocket for the remainder and this is a hardship. Ask if they can give you a “self-pay” discount. Typically hospitals give a self pay discount that is quite substantial. Do exactly this and you are very likely to get an immediate 20%-50% discount. I've go...
by alpenglow
Thu Jul 04, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: NY State Tax consequences of rolling 529 from NY State to Vanguard Nevada 529
Replies: 11
Views: 404

Re: NY State Tax consequences of rolling 529 from NY State to Vanguard Nevada 529

Leave it.

"A rollover of assets from your Direct Plan account to a 529 plan in another state is subject to New York State income tax on earnings, as well as the "recapture" of all previous New York State tax deductions made during the life of the account."

Happy 4th of July.
by alpenglow
Wed Jul 03, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Lengthy notices from all our credit cards?
Replies: 16
Views: 1791

Re: Lengthy notices from all our credit cards?

Do you have a lot of cards from Citi? They are making significant changes (for the worse) to their cards.

See here:
https://www.marketwatch.com/story/citi- ... 2019-06-25
by alpenglow
Wed Jul 03, 2019 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 20029

Re: Do you share your net worth with family members?

100% absolutely no. My in-laws would all be over with their hands out. Same with friends. The only people that know are Internet strangers.
by alpenglow
Sat Jun 29, 2019 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 5960

Re: Relocate to Seattle or NYC

I'm a life-long Long Islander. I've worked in Manhattan and in the burbs. The cost of living here is quite high, particularly due to property taxes. Quality school districts tend to be in expensive areas with even higher taxes. For example, my Mom pays about $22k in a high-end district. My sister pa...
by alpenglow
Wed Jun 26, 2019 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Empire Plan while traveling abroad
Replies: 5
Views: 672

Re: Empire Plan while traveling abroad

Any Bogleheads have Empire Plan (NYS) health insurance? I do and will be out of country this fall and have read that Empire Plan reimburses medical expenses. However, I know of of no one that has actually used EP overseas and been reimbursed. I am trying to cover my bases and wonder how difficult/e...
by alpenglow
Tue Jun 25, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: Anyone make their own tortillas?
Replies: 37
Views: 3266

Re: Anyone make their own tortillas?

My DW makes delicious tortillas using Bob's Red Mill Organic Masa Harina, and we had them this evening! https://www.bobsredmill.com/organic-golden-masa-harina-flour.html Recipe Mix salt into the masa harina corn flour. Slowly pour the water into the dough to get a good consistency. The dough should...
by alpenglow
Tue Jun 25, 2019 7:33 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 2599
Views: 199702

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

What would keep me from doing this daily in my Roth ? The vig you pay associated with the atrocious rebalance scheme that M1 employs. Vig? More info on this atrocious scheme? Vig is from a Yiddish term referring to a bookie's charge on bets or interest on a loan shark's loan (cue The Sopranos). In ...
by alpenglow
Mon Jun 24, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: Rare Earth Metals - Investing
Replies: 13
Views: 1509

Re: Rare Earth Metals - Investing

Have you checked out how Molycorp did?
by alpenglow
Fri Jun 07, 2019 7:47 am
Forum: Personal Investments
Topic: Chewy IPO
Replies: 43
Views: 3294

Re: Chewy IPO

drk wrote:
Thu Jun 06, 2019 9:21 pm
Chewy's IPO is the best argument that we're seeing dot-com redux. It's unprofitable with no moat and no path to viability, like Uber without the market power.
That reminds me of my trading days when drkoop.com had its IPO. What a joke that one was.
by alpenglow
Thu Jun 06, 2019 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Attn: teachers....Daughter considering 80% teaching position. Good idea?
Replies: 64
Views: 5045

Re: Attn: teachers....Daughter considering 80% teaching position. Good idea?

I teach and we have some 80% positions in our corporation. They don't become 100% positions because in our small school the need is not there. I have no idea what it is like where your daughter would teach, but I'd say give it a shot if that's the school she wants to be in. With her degree she shou...
by alpenglow
Thu Jun 06, 2019 6:27 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 7886

Re: What flagship (even used) item is better than a budget new item?

Herman Miller office chair (and someone versed enough in ergonomics to get it set jussstttt rightttt). I used to have an Aeron chair when I worked on Wall Street and I still miss it. The crap chairs in public schools are awful. I guess this is what happens when you go from trader to teacher. But yo...
by alpenglow
Thu Jun 06, 2019 6:25 pm
Forum: Personal Investments
Topic: brokered CDs from fidelity/vanguard, bank reputation?
Replies: 28
Views: 2268

Re: brokered CDs from fidelity/vanguard, bank reputation?

As others have mentioned, FDIC insured is FDIC insured. However, just be aware of buying CDs at a premium to get a certain rate. If the bank fails, you'll eat that part.
by alpenglow
Thu Jun 06, 2019 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Attn: teachers....Daughter considering 80% teaching position. Good idea?
Replies: 64
Views: 5045

Re: Attn: teachers....Daughter considering 80% teaching position. Good idea?

Another experienced teacher here. I would agree with taking the position assuming the demographics in the district are good. In my district, we have declining enrollment and the people hired for partial positions never get picked up for a full-time job. Many of them are great teachers, it's just tha...
by alpenglow
Thu Jun 06, 2019 10:24 am
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 7886

Re: What flagship (even used) item is better than a budget new item?

Sic Vis Pacem wrote:
Thu Jun 06, 2019 9:52 am
Herman Miller office chair (and someone versed enough in ergonomics to get it set jussstttt rightttt).
I used to have an Aeron chair when I worked on Wall Street and I still miss it. The crap chairs in public schools are awful.

I guess this is what happens when you go from trader to teacher.
by alpenglow
Wed Jun 05, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5732

Re: Is it Wise to Remove Escrow if Bank Allows it?

Another really good reason to control your own Property Tax payments is the option to "bunch" that deduction every other year, should that allow you to itemize. Works in some circumstances, especially if you are close to the standard deduction.... I'm in NY and my taxes are about $15k. Just recentl...
by alpenglow
Tue Jun 04, 2019 4:36 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 102
Views: 10018

Re: Walking Cities, potential for retirees

Possibly Portland, ME
by alpenglow
Fri May 31, 2019 1:17 pm
Forum: Personal Investments
Topic: What percent of your assets do you have in investment property (excluding your personal residence)?
Replies: 73
Views: 3127

Re: What percent of your assets do you have in investment property (excluding your personal residence)?

I have about $100k in timberland. Excluding primary residence, that is about 10% of assets. Thus far, it has cost me money in maintenance and property taxes. Maybe some day it will turn a profit, though I doubt it. At this point, I wish I hadn't made the purchase, though I'm going to give it more ti...
by alpenglow
Fri May 31, 2019 10:10 am
Forum: Investing - Theory, News & General
Topic: Does one need a bank account anymore?
Replies: 60
Views: 4407

Re: Does one need a bank account anymore?

I use the Fidelity CMA and really like it. At the same time, I still keep an account at the local credit union for the following reasons: * Ease of depositing checks that the app won't accept * My kids have linked accounts at the CU and I like them getting used to saving/going to the bank * Free cha...
by alpenglow
Fri May 31, 2019 8:19 am
Forum: Investing - Theory, News & General
Topic: How to short Deutsch Bund with current low rate?
Replies: 9
Views: 885

Re: How to short Deutsch Bund with current low rate?

HenrySouthernCal wrote:
Thu May 30, 2019 10:46 pm
The yield on Germany 10 yr government bond is now -0.18%, lowest in the world now...
I think the Swiss 10 year bond is somewhere around -0.50% right now.
by alpenglow
Wed May 29, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this 2.3 million dollar home?
Replies: 273
Views: 26094

Re: Can I afford this 2.3 million dollar home?

Out of curiosity, what do you do a living?

Threads like this remind me that I should have stuck with a more lucrative career path. :oops:
by alpenglow
Wed May 29, 2019 1:41 pm
Forum: Personal Investments
Topic: Am I being too timid?
Replies: 23
Views: 3158

Re: Am I being too timid?

Once upon a time, I posted a similar proposed AA here. I got solid advice to simply, which I did. I now hold a three fund portfolio with some CDs in lieu of some total bond. Listen to what people are saying. Go with a three fund approach or even a life strategy fund and just keep saving!
by alpenglow
Fri May 24, 2019 4:25 pm
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12596

Re: Is the housing market starting to collapse?

If you're using Zillow to estimate the fair market value of your home, you are doing it wrong. Just sayin', Zillow is often off by as much as 20-30% in either direction from the actual value. Given that Zillow is now in the business of flipping houses, I sense a conflict of interest in terms of rep...
by alpenglow
Fri May 24, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12596

Re: Is the housing market starting to collapse?

On Long Island its a buyer's market in the $1M+ market. That cycle is coming to an end. I know of school districts on the north shore where you couldn't touch a 2 acre yard and house for under $2M. All day you see them at $1M now. And the taxes are $30K a year on those houses. That market is tankin...
by alpenglow
Fri May 24, 2019 12:38 pm
Forum: Personal Consumer Issues
Topic: Is there a cheaper way to go to Long Island, NY?
Replies: 19
Views: 942

Re: Is there a cheaper way to go to Long Island, NY?

Don't take verrazano bridge back, it is one way toll and hefty. I got a bit confused. Which way is the free one? I assume from NY to NJ. This is "back" for me One of life’s rules: You always pay on the bridges and tunnels to get out of New Jersey and do not pay to go into New Jersey (because who wo...
by alpenglow
Fri May 24, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12596

Re: Is the housing market starting to collapse?

On Long Island its a buyer's market in the $1M+ market. That cycle is coming to an end. I know of school districts on the north shore where you couldn't touch a 2 acre yard and house for under $2M. All day you see them at $1M now. And the taxes are $30K a year on those houses. That market is tankin...
by alpenglow
Thu May 23, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Relocate to Charleston SC?
Replies: 57
Views: 5842

Re: Relocate to Charleston SC?

This may be way off-base, but if you have rental properties in Canada and you are interested in a small, hip city, have you considered Portland, ME?
by alpenglow
Thu May 23, 2019 11:03 am
Forum: Personal Consumer Issues
Topic: Compound miter saw recommendation
Replies: 42
Views: 2407

Re: Compound miter saw recommendation

I have never heard of that brand. One problem with buying some off brand is that you if you need a part five or ten years from now it may be difficult, impossible, or expensive to find a repair part. Ignore the name on the tool. It is simply "Harbor Freight" brand. Do not expect to get repair parts...
by alpenglow
Sun May 19, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 223
Views: 14575

Re: FIRE - What am I missing in the News Stories

There are a lot of blogs that sell an idealized fantasy. FIRE falls into that category for most.
by alpenglow
Thu May 16, 2019 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Move Money From Fidelity to Bank Account Instantly?
Replies: 25
Views: 1715

Re: Move Money From Fidelity to Bank Account Instantly?

Is there any way to move funds from a fidelity cash management account to my local bank instantly using Zelle or PayPal etc? I am trying to move money instantly from fidelity to Wells Fargo? That way I can go to Wells Fargo and immediately withdraw cash if I needed to. Any way to do this fast witho...
by alpenglow
Thu May 16, 2019 1:06 pm
Forum: Investing - Theory, News & General
Topic: We’ve won the game...but how do we stop playing?
Replies: 76
Views: 8276

Re: We’ve won the game...but how do we stop playing?

I'd just leave it alone. Respect her wishes and be thankful for what you might inherit with stepped up basis.
by alpenglow
Thu May 16, 2019 8:26 am
Forum: Personal Investments
Topic: If you are already wealthy, what keeps you motivated?
Replies: 101
Views: 12022

Re: If you are already wealthy, what keeps you motivated?

I am fairly wealthy (still probably chump change for this board though) for my age group and could probably FIRE within the next 5 years. I'm motivated to provide for my family (quality health insurance, saving for college, etc.).
by alpenglow
Wed May 15, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 68
Views: 6588

Re: Any conservative young investors?

28 living in a medium-high COL area. I'm currently at 80/20 but I have been sorely tempted to just go all-in with one of Vanguard's balanced funds at 60/40. My reasoning is that I don't necessarily need to take the risk. I have a 60% savings rate on a mid-six-figure income and based on historical r...
by alpenglow
Wed May 15, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 107
Views: 6773

Re: Do you reward yourself for achieving a financial goal?

I rewarded myself with a Ferrari at $100k networth. /s

Seriously, when we got to $1m we might have high-fived or something. No particular reward. We're halfway to the second million and I can't imagine much celebration/rewarding then either.
by alpenglow
Wed May 15, 2019 7:28 am
Forum: Personal Consumer Issues
Topic: Chrome or Brushed Nickel [Bathroom fixtures]
Replies: 29
Views: 2256

Re: Chrome or Brushed Nickel

Just don’t get gold, that is dated! Actually gold is making somewhat of a comeback. 30 somethings nostalgic about grandma's 1970s house maybe? True, though I still hate it. I think (hope) this will be a short-lived trend. Regardless of what the trends are for brushed nickel vs chrome, we went with ...
by alpenglow
Fri May 10, 2019 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Vacant Lake Lot. Sell or Hold?
Replies: 54
Views: 3033

Re: Vacant Lake Lot. Sell or Hold?

We bought back in 2007 and 2010, one original lot and then a half of another lot with a total cost of 118K. 2007 was pretty much at the peak of the housing bubble. I obviously do not know your local market but it makes sense it would be hard to get that price today. How much did you pay for the par...
by alpenglow
Fri May 10, 2019 10:49 am
Forum: Personal Investments
Topic: Brokered CDs - how to pick
Replies: 21
Views: 1824

Re: Brokered CDs - how to pick

I buy brokered CDs from TD and usually stick to 1-2 month durations. Currently can get 2.3% for 1 month, not too bad for FDIC safety. Last I checked t-bills were around 2.4% and state tax-free. I came to say this. Rates on brokered CD's aren't so hot right now. With the flattened yield curve, I'd b...
by alpenglow
Thu May 09, 2019 3:29 pm
Forum: Investing - Theory, News & General
Topic: The Last Jack Bogle Keynote and Farewell - Bogleheads 2018
Replies: 16
Views: 2383

Re: The Last Jack Bogle Keynote and Farewell - Bogleheads 2018

I can just imagine Jack Bogle applying for a job at leading money management firms today. Bogle: Hi, I am Jack Bogle and I am here to apply for an analyst job. Interviewer: Well, Mr. Bogle. Tell me about your credentials and qualifications. Bogle: Well, I graduated from Blair Academy and from Princ...
by alpenglow
Thu May 09, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: should I go with inverter/optimizers or micro-inverters for home solar?
Replies: 9
Views: 998

Re: should I go with inverter/optimizers or micro-inverters for home solar?

I'm back struggling with this decision point again. I was waiting until we had replaced the old roof, and that should now be finished in a couple of weeks. For solar, I'd pretty well decided to go with Enphase micro-inverters, but now the rep I'm working with says they are back-ordered until Octobe...
by alpenglow
Tue May 07, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: pre-qualified to get on the list
Replies: 45
Views: 3100

Re: pre-qualified to get on the list

Just out of curiosity, where is this super hot new construction market that you are looking at? The market is nothing like this near me (NY).
by alpenglow
Tue May 07, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 36
Views: 3597

Re: SWAN ETF - 10% Leaps / 90% Treasuries

I am surprised that nobody has mentioned Zvi Bodie. He has published extensively on this type of strategy. Yes. I did read Zvi Bodie's books on this topic. Very well written but I've since found out that the author himself doesn't follow the strategy he advocates. Harry Markovitz didn't follow Mode...
by alpenglow
Tue May 07, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: Reversion to the Mean Is Dead?
Replies: 63
Views: 6901

Re: Reversion to the Mean Is Dead?

What I am saying is that perhaps more tech savvy people might think my opinions on privacy over the web are nutty. I am a pretty mild mannered guy, I might peer at someone over my reading glasses, but that is about it. My point also concerns investment risk and how sustainable outperformance of the...
by alpenglow
Mon May 06, 2019 5:33 pm
Forum: Investing - Theory, News & General
Topic: Reversion to the Mean Is Dead?
Replies: 63
Views: 6901

Re: Reversion to the Mean Is Dead?

What I am saying is that perhaps more tech savvy people might think my opinions on privacy over the web are nutty. I am a pretty mild mannered guy, I might peer at someone over my reading glasses, but that is about it. My point also concerns investment risk and how sustainable outperformance of the...
by alpenglow
Sun May 05, 2019 7:38 am
Forum: Personal Consumer Issues
Topic: Rarely used items that are worth having?
Replies: 112
Views: 11527

Re: Rarely used items that are worth having?

corn18 wrote:
Fri May 03, 2019 6:27 pm
Spouse :shock:
I don't know about you, but my spouse and I get a lot of use out of one another. :D