Search found 149 matches

by dpm321
Thu May 14, 2020 5:49 pm
Forum: Personal Consumer Issues
Topic: Anyone booking flights for 2021 travel?
Replies: 26
Views: 2140

Re: Anyone booking flights for 2021 travel?

We have reservations for the Caribbean in November and Australia in January. Based on the train wreck going on here it will be interesting to see if foreign countries block Americans from entry. I wouldn’t be surprised at all.
by dpm321
Thu May 14, 2020 5:47 pm
Forum: Personal Consumer Issues
Topic: Anyone booking flights for 2021 travel?
Replies: 26
Views: 2140

Re: Anyone booking flights for 2021 travel?

flyingaway wrote:
Thu May 14, 2020 5:29 pm
I wonder how expensive the tickets will be if you really remove the middle seats.
Very... :happy
by dpm321
Wed Apr 15, 2020 4:57 pm
Forum: Personal Consumer Issues
Topic: Cruise Deposit Refund
Replies: 5
Views: 411

Re: Cruise Deposit Refund

Celebrity (a RCL subsidiary) is giving full refunds if you cancel before the final payment date and future cruise credit for cancellations up to 48 hours before scheduled departure. We just cancelled an August cruise. Even if ships sail in August, most of the ports will be unlikely to allow them in....
by dpm321
Wed Apr 15, 2020 4:52 pm
Forum: Investing - Theory, News & General
Topic: Why is the market reacting poorly to plunging retail sales and manufacturing today?
Replies: 32
Views: 2395

Re: Why is the market reacting poorly to plunging retail sales and manufacturing today?

RayKeynes wrote:
Wed Apr 15, 2020 9:51 am
justsomeguy2018 wrote:
Wed Apr 15, 2020 9:45 am
I don't understand it - I thought it was all priced in already! Did they really not expect this kind of bad news?
"The Market", as you call it, consists of a bunch of greedy idiots who do not understand basic economic fundamentals.
Actually it’s a bunch of Algos (machines).
by dpm321
Wed Apr 15, 2020 4:47 pm
Forum: Personal Consumer Issues
Topic: Stimulus Charity?
Replies: 28
Views: 1582

Re: Stimulus Charity?

I would suggest a local food bank. Things are only going to get worse for those who are, or are becoming, food insecure.
by dpm321
Sat Apr 11, 2020 5:25 pm
Forum: Investing - Theory, News & General
Topic: Does Airline industry operate paycheck 2 paycheck ?
Replies: 11
Views: 1082

Re: Does Airline industry operate paycheck 2 paycheck ?

They had lots of cash, unfortunately they chose to spend it on stock buybacks.
by dpm321
Sat Apr 11, 2020 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Military retirement: Identifying a 2nd career
Replies: 13
Views: 987

Re: Military retirement: Identifying a 2nd career

Retired Air Force O-6 here. I went through the transition quite some time ago, but remember well how difficult it was. Your biggest hurdle is going to be translating your military experience into civilian terms. Despite all the “thanks for your service” comments, most civilians have no idea what you...
by dpm321
Wed Apr 08, 2020 4:37 pm
Forum: Personal Consumer Issues
Topic: Outside of stocks, what else is a screaming good deal now?
Replies: 64
Views: 7087

Re: Outside of stocks, what else is a screaming good deal now?

manuvns wrote:
Wed Apr 08, 2020 4:28 pm
air tickets are pretty cheap .
Neighbor had to go to Ft Lauderdale for a family emergency. $18 each way, Boston to FLL!
by dpm321
Sun Apr 05, 2020 6:07 pm
Forum: Investing - Theory, News & General
Topic: The future of the housing market
Replies: 8
Views: 1225

Re: The future of the housing market

I was reading that the CARES Act puts in place a right to forbearance for homeowners with federally backed mortgages - which seems to be more protection than was put in place during the financial crisis. That coupled with generous unemployment benefits given by the newly approved stimulus packages ...
by dpm321
Sun Apr 05, 2020 6:00 pm
Forum: Investing - Theory, News & General
Topic: Why does market keep rallying at end of day?
Replies: 28
Views: 3082

Re: Why does market keep rallying at end of day?

Last 15 minutes is lot more active because there is lot more liquidity at the end of day. Few reasons: 1. Stock order imbalance is published 15 minutes before the close, atleast few can make out where the market is leaning at the close. Google found me this link, brokers also publishes the imbalanc...
by dpm321
Sat Apr 04, 2020 4:48 pm
Forum: Investing - Theory, News & General
Topic: Why does market keep rallying at end of day?
Replies: 28
Views: 3082

Re: Why does market keep rallying at end of day?

Plunge protection team at treasury buys at that time.
by dpm321
Sat Apr 04, 2020 8:37 am
Forum: Personal Investments
Topic: Airline stocks, JETS, DAL, UAL
Replies: 23
Views: 2502

Re: Airline stocks, JETS, DAL, UAL

There is an old expression about airlines that definitely still applies...”the way to make a small fortune in the airline industry is to start with a large one.”
by dpm321
Sat Apr 04, 2020 8:33 am
Forum: Personal Investments
Topic: Should I sell stock where I still have gains
Replies: 14
Views: 1215

Re: Should I sell stock where I still have gains

Should I sell the stocks where I am still in gains. I recently did Tax loss harvesting and have carry forward losses. should I sell the stocks where I still have gains and buy them back to convert unrealized gains to realized Does it make any sense to sell and buy them back just to realize the gain...
by dpm321
Fri Apr 03, 2020 5:19 pm
Forum: Personal Investments
Topic: What else should I be doing?
Replies: 4
Views: 687

Re: What else should I be doing?

If I were you I would do some more “market timing” and keep some dry powder. The impacts of business shut downs on businesses of all sizes have not yet been seen and likely won’t be for quite some time. Because of that you can be certain we have not yet seen anything close to a bottom. Take a look a...
by dpm321
Mon Mar 30, 2020 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Help for Landlords in the Stimulus Bills?
Replies: 198
Views: 13401

Re: Help for Landlords in the Stimulus Bills?

I’m in the same situation and I’m in a state that is prohibiting evictions and foreclosures. Only one of my tenants has announced that he is unable to pay rent this month. I told him to pay me what he could and we would work out a repayment plan once the madness is over. Directly to your question, I...
by dpm321
Sun Mar 29, 2020 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Any unemployment for lost summer job?
Replies: 4
Views: 473

Re: Any unemployment for lost summer job?

Unemployment is for those who actually lose a job. If you haven’t started it yet you can’t lose it. Sorry...
by dpm321
Sun Mar 29, 2020 10:34 am
Forum: Personal Consumer Issues
Topic: Trip Cancelled-No Trip Insurance
Replies: 27
Views: 2956

Re: Trip Cancelled-No Trip Insurance

N10sive wrote:
Sat Mar 28, 2020 2:03 pm

...and only mention force majuere when it comes to traveling.

Thanks,
N10sive
Not sure exactly what you mean here, but the current situation certainly fits the definition of force majuere. I think the best you can hope for is a future credit. The company probably spent your money awhile ago.
by dpm321
Thu Mar 19, 2020 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Intended Cruise
Replies: 15
Views: 1098

Re: Intended Cruise

Frequent cruiser here. You asked about exercising your insurance, but have you asked the cruise line about cancelations? Several are altering their policies to allow full credit for a future cruise. If that fails, as advised, read your policy carefully. In many (most?) cases the virus will be consid...
by dpm321
Wed Mar 18, 2020 8:15 am
Forum: Personal Investments
Topic: Landlords how are you handling your renters
Replies: 16
Views: 1975

Re: Landlords how are you handling your renters

Here in NH the governor has made the choice very simple. He has banned any foreclosures or evictions for a period. One of my tenants makes his living driving for Uber. We were prepared to allow him to stay and work out some kind of repayment plan after the madness ends.
by dpm321
Tue Mar 17, 2020 6:04 pm
Forum: Personal Consumer Issues
Topic: Suggestions for Drone Purchase: Aerial View of Forest
Replies: 5
Views: 330

Re: Suggestions for Drone Purchase: Aerial View of Forest

Mavic makes some excellent drones for photography but you aren’t going to get 30 minutes of flight time with any consumer drone. Take a look at the Mavic Pro.
by dpm321
Tue Feb 18, 2020 7:01 pm
Forum: Personal Consumer Issues
Topic: Which Rolex to get for DW?
Replies: 52
Views: 4019

Re: Which Rolex to get for DW?

Speaking from experience: Let her pick. Just go kick the tires at a couple local dealers, then buy wherever you wish. If it's a surprise, get something with diamonds. Don't worry about resale value, but FYI it's about 50% of MSRP on a ladies' watch. You didn't say where you are located, but if you'...
by dpm321
Mon Jan 06, 2020 8:36 am
Forum: Personal Investments
Topic: just completed my first year of retirement! so far so good
Replies: 37
Views: 6154

Re: just completed my first year of retirement! so far so good

Can I get 4% with a 30% Stock / 70% Bonds portfolio? Or maybe a 50/50? I'm sure many will cringe at me being at 100% stocks. I should quit playing with fire and re balance this portfolio in the near future. Between 60/40 and 40/60 is often quoted. VANGUARD PORTFOLIO ALLOCATION MODELS https://person...
by dpm321
Tue Dec 24, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 701
Views: 79463

Re: Fidelity Free Turbotax 2019

I'm in the Private Client Group and all I'm seeing is an offer for $20 off. Not looking good....
by dpm321
Wed Nov 06, 2019 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance Default
Replies: 13
Views: 1376

Re: Long Term Care Insurance Default

As everyone knows, there is a tremendous upheaval in that industry now with some of the best companies becoming marginally solvent. Which best companies do you believe are becoming marginally insolvent? My question is> What happens if an LTC insurance company defaults? What do you think "defaults" ...
by dpm321
Tue Oct 22, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable or Irrevocable/Estate planning?
Replies: 7
Views: 1037

Re: Revocable or Irrevocable/Estate planning?

Assuming your parents want access to their assets, a revocable trust makes more sense. To my knowledge a trust is not going to protect you from taxes, but the estate tax exclusion will. An irrevocable trust can be used to shield assets in the event of a need to go on Medicaid; however, there is a 5 ...
by dpm321
Sun Oct 20, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Will there be taxes due on a pension if withdrawn
Replies: 15
Views: 1160

Re: Will there be taxes due on a pension if withdrawn

Pensions are taxable federally but are not taxed in NH state taxes.
by dpm321
Thu Oct 17, 2019 5:16 pm
Forum: Personal Investments
Topic: Selling Condo, tax question?
Replies: 4
Views: 884

Re: Selling Condo, tax question?

Don't forget possible depreciation recapture in your calculations.
by dpm321
Mon Oct 14, 2019 9:36 am
Forum: Personal Consumer Issues
Topic: Recommendations for framing a large photograph
Replies: 12
Views: 1209

Re: Recommendations for framing a large photograph

Framing and matting a print this size, archivally, will be very expensive. If your intent is storage then framing is a waste of money. Go to a reputable frame shop and get a sheet of 8 ply archival mat board, cut it in half and sandwich the print between the two pieces. Use archival tape to seal the...
by dpm321
Wed Sep 11, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Military folks: choosing state for residence
Replies: 9
Views: 1265

Re: Military folks: choosing state for residence

Do you plan to return to Ohio at some point? If not then there is probably no real downside to becoming a Florida resident. It has been a while since I retired, so I don't know if rules have changed, but you might want to see if this will impact any right you have to be moved back to your home of re...
by dpm321
Thu Sep 05, 2019 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Beach City / Town in Florida
Replies: 64
Views: 8039

Re: Beach City / Town in Florida

BGeste wrote:
Thu Sep 05, 2019 3:57 pm
We are considering spending about one million on a house. Will that get us close to the beach?
Define close. Have you done an easy look on Zillow to see what prices/values are?
by dpm321
Wed Sep 04, 2019 5:51 pm
Forum: Personal Consumer Issues
Topic: US citizen, study abroad (or not)
Replies: 5
Views: 752

Re: US citizen, study abroad (or not)

If she is a US citizen and it is clear she was in Canada only to attend school, with no intent to establish residency, she will be a US student.
by dpm321
Mon Aug 26, 2019 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: What do you think about this $4M house idea?
Replies: 103
Views: 8147

Re: What do you think about this $4M house idea?

We love our current house, but it's 60 years old and there are a lot of things we want to renovate. It might cost 500k or more to knock down walls, add square footage, and redo the landscaping. And we'd have to find another home to rent. If you love the current house, $500K for renovations is cheap...
by dpm321
Fri Aug 23, 2019 4:42 pm
Forum: Personal Consumer Issues
Topic: Article on [US citizens] retiring Panama....
Replies: 8
Views: 1076

Re: Article on [US citizens] retiring Panama....

I have a friend who retired to Boquete. Bought what he calls a " coffee plantation," 5 1/2 acres. When they went down their Spanish was very, very weak. They learned quickly by immersion and, yes, they got all those benefits before their Spanish was proficient. Keep one thing in mind. One of the few...
by dpm321
Fri Aug 09, 2019 6:01 pm
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 87
Views: 13518

Re: Rolex

I have to confess that I don't understand the logic behind buying a replica. People who know you, and whom you are likely trying to impress, probably know you can't afford the real one. As far as impressing people you don't know...what's the point? Agreed, there are plenty of very high quality affo...
by dpm321
Fri Aug 09, 2019 5:49 pm
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 87
Views: 13518

Re: Rolex

Bought a 1:1 replica of a Rolex Submariner date with correct sweep motion and weight from DHgate for 80 bucks. I wear it everyday and get numerous compliments and the jeweler who removed the links couldn't even tell the difference. Save your hard earned money and just buy a replica. They are so far...
by dpm321
Fri Aug 09, 2019 5:31 pm
Forum: Personal Consumer Issues
Topic: Do You Order "the Special" at Restaurants?
Replies: 50
Views: 4651

Re: Do You Order "the Special" at Restaurants?

funktor wrote:
Fri Aug 09, 2019 8:55 am
I usually don't order anything from the specials because the price is not made clear beforehand
Just ask. They'll be happy to tell you the price.
by dpm321
Mon Aug 05, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: How does Section 8 Housing work?
Replies: 13
Views: 1554

Re: How does Section 8 Housing work?

You buy homes and rent them. The damage of property and lack of payments forces constant turnover and costly evictions. The section 8 inspectors force ridiculous repairs that most home owners can't afford until you give up on it all and sell to unsuspecting ambitious new proprietors. Hope it works ...
by dpm321
Fri Aug 02, 2019 5:28 pm
Forum: Personal Consumer Issues
Topic: Whole-house generators - Generac, Kohler, or Briggs?
Replies: 145
Views: 8657

Re: Whole-house generators - Generac, Kohler, or Briggs?

We're in southern New Hampshire, just north of Boston. After researching Kohler and Genrac, we installed a 14KW Kohler with load shedding circuitry and transfer panel for $7500 in 2016. One of the things that attracted me to Kohler is the fact that they make their own engines. Also, the constructio...
by dpm321
Mon Jul 29, 2019 4:40 pm
Forum: Personal Consumer Issues
Topic: Whole-house generators - Generac, Kohler, or Briggs?
Replies: 145
Views: 8657

Re: Whole-house generators - Generac, Kohler, or Briggs?

We're in southern New Hampshire, just north of Boston. After researching Kohler and Genrac, we installed a 14KW Kohler with load shedding circuitry and transfer panel for $7500 in 2016. One of the things that attracted me to Kohler is the fact that they make their own engines. Also, the construction...
by dpm321
Mon Jul 15, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable trust distritutions
Replies: 6
Views: 690

Re: Irrevocable trust distritutions

Are all of these people listed as benificiaries? The trust should specify what is to be distributed; generally all interest and dividends. The distributions should be made with a K-1 for each beneficiary and each of the benificiaries is responsible for paying taxes on the amount they receive. Also, ...
by dpm321
Thu Jun 27, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Any insurance beating USAA?
Replies: 42
Views: 3749

Re: Any insurance beating USAA?

I spent 24 years in the Air Force and tried to go with USAA every year. Everybody I knew said they got the best rates there. For us Liberty Mutual has always beat USAA in price and the service, including defense in a lawsuit, has been excellent.
by dpm321
Wed Jun 26, 2019 5:22 pm
Forum: Personal Consumer Issues
Topic: Fuel type for 2 month car storage
Replies: 36
Views: 2447

Re: Fuel type for 2 month car storage

Another vote for doing nothing. We store a car over winter (from mid-November until early May) and all we do is top it off and add some "dry gas." It's been 7 years with no problems.
by dpm321
Mon Jun 24, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Selling a rental property, and trying to calculate the cost-basis
Replies: 3
Views: 558

Re: Selling a rental property, and trying to calculate the cost-basis

The bathroom upgrade is an improvement. The AC work is a repair and not part of the cost basis.
by dpm321
Wed Jun 12, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: [Forget] The Seaweed! We're Headed For Cancun!!
Replies: 17
Views: 1690

Re: [Forget] The Seaweed! We're Headed For Cancun!!

There really isn't anything "nearby." If you want to travel a bit there are several Mayan sites within driving distance (e.g. Tulum and Chichen Itza). Cancun isn't really Mexico, so if you want to experience a bit of that you can take the bus into town. You can eat there for about 25% or less of wha...
by dpm321
Mon Jun 10, 2019 6:23 pm
Forum: Personal Consumer Issues
Topic: What to read prior to visiting ancient sites in Athens?
Replies: 18
Views: 1313

Re: What to read prior to visiting ancient sites in Athens?

We spent a couple of days in Athens 3 years ago. The Rick Steves guide worked out well. Use his walks as rough guides then wander a bit.
by dpm321
Tue May 28, 2019 6:00 pm
Forum: Personal Investments
Topic: Has anyone done well with value investing?
Replies: 11
Views: 1723

Re: Has anyone done well with value investing?

Value investing has worked great for Warren Buffett :happy
by dpm321
Mon May 27, 2019 5:34 pm
Forum: Personal Consumer Issues
Topic: London / UK Summer Trip
Replies: 57
Views: 3715

Re: London / UK Summer Trip

Rainier wrote:
Sun May 26, 2019 5:29 am

I'm open to a car, as long as it does not involve central London driving (I have driven quite a bit on the right hand side so that's not the issue).
While driving in England it's advisable to stay on the left... :happy
by dpm321
Sat May 25, 2019 8:30 am
Forum: Personal Consumer Issues
Topic: London / UK Summer Trip
Replies: 57
Views: 3715

Re: London / UK Summer Trip

We just returned from a week in the Cotswolds. The area is a collection of small and very picturesque towns. Of them all, we liked Chipping Campden the best and stayed there. We loved the Cotswold House Hotel and Spa. The bad news is that it is not at all practical to get around there without a car....