Search found 804 matches

by alpenglow
Tue Jun 25, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: Anyone make their own tortillas?
Replies: 37
Views: 3029

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: 2198
Views: 160656

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: 1375

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: 3232

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: 4997

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: 7729

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: 2234

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: 4997

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: 7729

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: 5517

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: 95
Views: 7965

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: 3040

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: 4298

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: 870

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: 252
Views: 21674

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: 3080

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: 12418

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: 12418

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: 922

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: 12418

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: 5784

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: 2359

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: 14388

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: 1704

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: 8203

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: 11625

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: 6397

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: 6604

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: 2048

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: 2999

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: 1806

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: 2367

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: 989

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: 3081

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: 3505

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: 6764

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: 6764

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: 11301

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
by alpenglow
Thu Apr 18, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40547

Re: Mr. Money Mustache, SWR, and equity allocation

It takes about 6 years in most case to go from 25x to 40x with normal returns(6%) and modest savings rate (.5x). If we get poor returns (2%) real then it takes longer. But if we get 2% real, that 4% is going to think about going back to work as they get poorer and poorer every year. And obviously y...
by alpenglow
Thu Apr 18, 2019 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40547

Re: Mr. Money Mustache, SWR, and equity allocation

We live a great life on 25k to 30k. We save a little over 50%. Paid off house and no kids. 1 nice vacation a year and staycations with family and friends. Good for you! It seems a lot of Bogleheads feel like you can only have a life of deprivation on that budget. Most people are in shock that we li...
by alpenglow
Thu Apr 18, 2019 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Can I semi-retire now?
Replies: 138
Views: 12909

Re: Can I semi-retire now?

I love Bogleheads, but why is it that FIRE threads often get off the rails into some sort of side "discussion" (what is middle class, college aid, health care subsidies, etc.)? I often consider FIRE within the next 5-7 years so I enjoy where these threads start but almost never enjoy where they go.
by alpenglow
Fri Apr 05, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: Is there a relatively stable junk bond fund?
Replies: 43
Views: 5013

Re: Is there a relatively stable junk bond fund?

Kenkat wrote:
Fri Apr 05, 2019 1:11 pm
The Vanguard High Yield fund tends to invest in the higher grades of junk bonds, so it is probably more stable in terms of price and yield than other funds in the same category on average.
VWEHX (Vanguard High Yield) tends to have less junky junk.
by alpenglow
Fri Apr 05, 2019 7:59 am
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3547

Re: What is this weed in my lawn?

By the way, this subreddit is great for plant ID:

https://www.reddit.com/r/whatsthisplant/
by alpenglow
Thu Apr 04, 2019 6:53 pm
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3547

Re: What is this weed?

HEDGEFUNDIE wrote:
Thu Apr 04, 2019 6:50 pm
How about this one?
It's a Euphorbia.
by alpenglow
Wed Apr 03, 2019 6:48 am
Forum: Personal Investments
Topic: Do I dare buy a 10+ year CD?
Replies: 17
Views: 1339

Re: Do I dare buy a 10+ year CD?

A callable 10 year CD sounds like "heads you win, tails I lose." Pass.
by alpenglow
Sat Mar 30, 2019 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Failed land investments and what to do with it?
Replies: 139
Views: 8985

Re: Failed land investments and what to do with it?

Good afternoon mates, Back in 2014 (when I was a sophomore in high school) I bought 5 pieces of desert land in Kern County California, for 7700 dollars in total from one of the tax sale websites online. This is way before I knew what to do with my money. (Started investing in bad stocks and high fe...
by alpenglow
Thu Mar 28, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: Do we have any New Jersey teachers here?
Replies: 15
Views: 1185

Re: Do we have any New Jersey teachers here?

I've been a downstate NY teacher for 15-ish years. I don't know about the NJ job market, but the NY job market has become very tight. Many of the "good" districts are experiencing declining enrollment and have been laying off teachers. For elementary, is it particularly bad. I think the bottom of ou...
by alpenglow
Thu Mar 28, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing Chase freedom 5%
Replies: 27
Views: 2788

Re: Maximizing Chase freedom 5%

After experiencing fraud with a batch of Home Depot gift cards, I decided it wasn't worth the savings. $700 worth of $100 gift cards were compromised, which was a whole lot more than the money saved on the discount. Luckily for me, after many phone calls, Home Depot made me whole. It could have gone...
by alpenglow
Fri Mar 22, 2019 10:58 am
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 5244

Re: Do you still wear a necktie to work?

I'm a teacher. Once I got tenure, I stopped wearing ties. Honestly, school are dirty. It's annoying ruining clothes at work.

At this point, I'm down to a handful of "wedding and funeral" ties.
by alpenglow
Wed Mar 20, 2019 12:38 pm
Forum: Investing - Theory, News & General
Topic: What does 20% extra of portfolio allocated to equities get you?
Replies: 128
Views: 9238

Re: What does 20% extra of portfolio allocated to equities get you?

We used to have this guy around here named livesoft that knew this stuff like the back of his hand. A market timer to be sure, but still knowledgeable despite that obvious failing. Miss that guy... livesoft is not a guy! livesoft is female! cheers, jwf OMG, I can’t believe I made that mistake, lol....