Search found 5350 matches

by btenny
Wed Jul 01, 2020 9:53 pm
Forum: Personal Consumer Issues
Topic: I sold my boat today
Replies: 12
Views: 1597

Re: I sold my boat today

Boating and living on a lake is wonderful and fun. But I am sure there are other great ways to enjoy life and have fun. Good Luck and have fun with your new life plan.
by btenny
Tue Jun 30, 2020 2:18 pm
Forum: Personal Consumer Issues
Topic: Smell from kitchen sink?
Replies: 24
Views: 1731

Re: Smell from kitchen sink?

You need to clean both sink drains. I bet you got some stuff lodged in the non-disposer side of the sink. Many times this second sink drain is lower than the main sink and has standing water and slime. I use fresh grapefruit to clean out my disposer and my side sinks drain. I cut them in quarters an...
by btenny
Tue Jun 30, 2020 1:53 pm
Forum: Investing - Theory, News & General
Topic: Retirement: Withdrawing from cash when do u replenish?
Replies: 37
Views: 2330

Re: Retirement: Withdrawing from cash when do u replenish?

I keep about a 1.3 years of spending in cash in my taxable account. I withdraw and move some of this cash as needed to my checking account. I make these cash withdrawals every few months. I could set this up to happen automatically each month but choose to do it manually. My cash is partially replen...
by btenny
Tue Jun 30, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: Your best Charity suggestion Please!
Replies: 22
Views: 666

Re: Your best Charity suggestion Please!

St Mary's Food Bank, Phoenix Arizona. They are non sectarian and focus on feeding hungry people and families all around the south west.

https://www.firstfoodbank.org/
by btenny
Fri Jun 26, 2020 12:15 pm
Forum: Personal Consumer Issues
Topic: Putting A/C in an old house without vents
Replies: 16
Views: 1119

Re: Putting A/C in an old house without vents

My son put in a high velocity system about 12 years ago. His works great and keeps the home nice and cool all summer. He lives in the Chicago burbs in a old 1900ish house. His system has small round ducts that run down to each room on both floors from the air handler box in the attic. The compressor...
by btenny
Wed Jun 24, 2020 2:34 pm
Forum: Investing - Theory, News & General
Topic: Malkiel weighs in on passive investing and alternatives to the 60/40...
Replies: 39
Views: 4494

Re: Malkiel weighs in on passive investing and alternatives to the 60/40...

Malkiel is worried about inflation and where to invest going forward. So am I. I have personally seen real LARGE inflation of 20% or more in food prices in the last few months. I am reading that real wages paid to front line workers is going up a bunch to cover COVID risk. Home prices all over the w...
by btenny
Tue Jun 23, 2020 6:40 pm
Forum: Personal Consumer Issues
Topic: 30" Double-Oven Electric Ranges - input?
Replies: 40
Views: 1430

Re: 30" Double-Oven Electric Ranges - input?

Same as Delamer here. We like Kitchen Aid appliances. We have the whole kitchen full of them. They are modern and last a long time. Two years ago we replaced our dual wall oven with a Kitchen Aid wall oven and wall microwave unit. The oven is a triple mode oven (broil, bake, convection ) that cooks ...
by btenny
Tue Jun 23, 2020 6:04 pm
Forum: Personal Consumer Issues
Topic: "Snow Guard" for metal roof: A must or "Hogwash" or a "Hill of Beans"??
Replies: 33
Views: 1646

Re: "Snow Guard" for metal roof: A must or "Hogwash" or a "Hill of Beans"??

Yes you need some sort of snow interrupter on steel roofs to stop sliding snow from coming off in big bunches like a avalanche. Yes the Flagstaff area of Arizona sometimes gets a lot of snow in some winters and not much in other winters. Where and what and how you install these interrupters is debat...
by btenny
Sat Jun 20, 2020 10:58 am
Forum: Personal Investments
Topic: where do I go from here?
Replies: 11
Views: 853

Re: where do I go from here?

Buy a boat and take some sunset cruises.
Take some golf lessons.
Donate some $$ to your favorite charity.
Buy a new car for your favorite person.

Relax more. Good luck.
by btenny
Fri Jun 19, 2020 5:22 pm
Forum: Personal Investments
Topic: Suggestions and AA for 72yr old retirees
Replies: 21
Views: 1650

Re: Suggestions and AA for 72yr old retirees

I agree getting involved has risk but they are really getting poor advice IMO. They need to find an hourly adviser (like RIck Ferri) or move the funds to Vanguard or other low cost firm. Right now they are spending over $2K PER MONTH for this lousy advice. Do your relatives know why the adviser is t...
by btenny
Wed Jun 17, 2020 11:59 am
Forum: Investing - Theory, News & General
Topic: TIPS and Munis are not as liquid as I thought
Replies: 20
Views: 2060

Re: TIPS and Munis are not as liquid as I thought

These issues are some of the reasons I converted my emergency fund money $$ to BIL which are 100% true 1-3 month T bills. That ETF is ultra safe and trades in a very narrow band and buys and sells settle the same day. It used to yield 1.5%. Now it yields 0.16%. The ER is 0.14% so the effective yield...
by btenny
Tue Jun 16, 2020 5:17 pm
Forum: Personal Consumer Issues
Topic: E-Bike recommendations
Replies: 108
Views: 7124

Re: E-Bike recommendations

My wife really likes her Pedego Beach Cruiser electric bike with the fat white tires and baby blue color. It weighs 62 pounds. She bought hers in 2014 and rides it lot. Back then the price was $2400 with all accessories. It only has a twist throttle for acceleration and pedal assist. We ride mostly ...
by btenny
Sat Jun 13, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: heated driveway?
Replies: 91
Views: 4528

Re: heated driveway?

I live in Tahoe part time near several ski areas. We get lots of snow. One friend uses a electric heater to clear snow from her drive way. She is rich (multi $M house) but complains about the heater. She has to turn the thing on and off manually. She forgets to turn it on and so she has a snowed in ...
by btenny
Thu Jun 11, 2020 6:46 pm
Forum: US Chapters
Topic: Shout out to Sheepdog
Replies: 25
Views: 3542

Re: Shout out to Sheepdog

Sheep et all. I have taken to doing "a drive by" of any store I am thinking about going to. I drive close and look to see how crowded they are and if they are enforcing the mask thing. If everyone has masks and the store is not crowded I go in and shop there. If the store is crowded and/or few have ...
by btenny
Thu Jun 11, 2020 6:10 pm
Forum: Investing - Theory, News & General
Topic: Increasing Cash Reserves
Replies: 32
Views: 3387

Re: Increasing Cash Reserves

I changed my AA about a year ago to revise how I hold my cash reserves. I did not like the holdings in many MM accounts. So I moved 1 year of cash reserve money to FDIC insured funds in my taxable accounts. I also made this my cash sweep for dividends. I also moved 2 years of the cash reserves to BI...
by btenny
Thu Jun 11, 2020 12:58 pm
Forum: Personal Consumer Issues
Topic: Luxury Vinyl Flooring
Replies: 14
Views: 1413

Re: Luxury Vinyl Flooring

I suggest you rethink your plan. I suspect the LVF will never look good long term unless you completely renovate and redo the floor and remove the old stuff. Then you need to clean and sand and redo the underfloor so it is perfect before you put down LVF. We installed LVF over a concrete floor a lon...
by btenny
Thu Jun 11, 2020 12:34 pm
Forum: Personal Consumer Issues
Topic: Car Condos
Replies: 9
Views: 687

Re: Car Condos

Where I live there are a lot of guys who like cars and own 1-3 or more vintage collector type cars. Some rent spaces in storage lots or special garages while others just keep the cars in their garage. I also know three guys who like to work on their cars and are constantly tinkering and driving one ...
by btenny
Tue Jun 09, 2020 12:43 pm
Forum: Personal Investments
Topic: 6 month Update (Asset Allocation)
Replies: 12
Views: 814

Re: 6 month Update (Asset Allocation)

You need to convert $30K or more of your taxable account to Tbills or a total bond fund or a treasury bond funds right. Your emergency fund of $10k is too small and you need to have some extra $$ to draw from if one of you gets layed off or your income goes down. Life happens. You did not tell us yo...
by btenny
Mon Jun 08, 2020 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: What’s a Fluffy Retirement Budget in HCOL?
Replies: 13
Views: 1268

Re: What’s a Fluffy Retirement Budget in HCOL?

My wife and I are long time retired. We spend $12K monthly ($140K annually). This is enough to travel some and support two nice homes (one paid for) for our semi snowbird lifestyle. We also winter ski and summer boat and other stuff. Before COVID 19 we also took 2 or more big trips per year (England...
by btenny
Mon Jun 08, 2020 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should we buy fixer upper
Replies: 28
Views: 1565

Re: Should we buy fixer upper

I vote no for lots of reasons. Why not look around and buy a 2500 sq foot house on 1/3 or 1/2 acre? Maybe find a home that needs some work but is livable with a $50K touch up. This will give you more room and some more yard and not require a total home rebuild. If you get the new 1 acre house you wi...
by btenny
Sun Jun 07, 2020 3:36 pm
Forum: Personal Consumer Issues
Topic: Early Retirement Home/Late Retirement Home?
Replies: 4
Views: 725

Re: Early Retirement Home/Late Retirement Home?

You might do like some of my friends. One couple retired and moved to Florida and rented (later purchased) a mobile home in a park in the Clearwater area. The price for their small mobile home was $20K or so but they also pay $500 or so per month for park rent. They did some renovations to bring it ...
by btenny
Mon Jun 01, 2020 9:36 am
Forum: Personal Finance (Not Investing)
Topic: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal
Replies: 80
Views: 7776

Re: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal

Yep some condo developments have two HOA fees. One HOA fee for the overall master development and one HOA fee for the specific condo group. This is how it works in Tahoe for the Keys area. This is also how it is done in parts of Sun City. IN Tahoe you pay a master HOA fee to the overall Keys Home Ow...
by btenny
Sat May 30, 2020 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal
Replies: 80
Views: 7776

Re: FL Snowbirds with Second Homes - Give Me Pros/Cons of Owning Our Own vs Renting Seasonal

We snowbird between Phoenix and Tahoe. We rent a second home year round. We tried to vacation rent and seasonal rent and found that very hard to impossible. We tried that for six years. The properties were just low quality or crazy expensive ($10K+ per month in high season) or bad schedules or bad l...
by btenny
Sun May 24, 2020 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Boat to people out of State
Replies: 18
Views: 1216

Re: Selling Boat to people out of State

Tell the buyer you want cash for the boat ahead of time. No checks or anything else just hard cash. If he agrees he is a legit buyer. Then meet him at his bank of choice to receive the cash and to get the $$ bills tested to make sure there are no counterfeit $100s in the stack. Then sign over the ti...
by btenny
Sat May 23, 2020 11:51 am
Forum: Personal Investments
Topic: ~6 years to retirement, portfolio questions
Replies: 3
Views: 555

Re: ~6 years to retirement, portfolio questions

Is your home paid for? I asked as $70K seem to be a very low spend rate versus a $250K income. Are you sure of your numbers? Are you really going to try to keep your spending this low in retirement? You need to tell us your age and how you will cover spending in early retirement before SS. This will...
by btenny
Fri May 22, 2020 12:38 pm
Forum: Personal Consumer Issues
Topic: Remote teaching a 15 year old [about stocks]
Replies: 30
Views: 1324

Re: Remote teaching a 15 year old [about stocks]

He might learn a lot by reading and learning about some companies. Get some past Annual Reports and quarterly reports for Exxon and Brunswick and send them to him. XOM is all about oil but their Annual reports are wonders of color pictures and graphs and discussion on oil refineries and chemical pla...
by btenny
Wed May 20, 2020 3:09 pm
Forum: Personal Investments
Topic: Diehards advice on missing the dip
Replies: 20
Views: 3325

Re: Diehards advice on missing the dip

I suggest you do nothing. Keep the moderate low risk portfolio for now. The markets are crazy high versus earnings so why buy in at these levels. Your college job may not be that secure IMO. You might need to change careers and the market might drop a lot from here. No one knows much. I do know this...
by btenny
Mon May 18, 2020 11:46 am
Forum: Personal Consumer Issues
Topic: Seeking Book Recommendations: Failed States
Replies: 8
Views: 1004

Re: Seeking Book Recommendations: Failed States

See and read UPHEAVAL by Jared Diamond. It chronicles seven nations and the turning points that lead to great changes and upheaval over the centuries and what caused them to go from closed to open and from democracy to dictatorship. It is very interesting read. It gets 4.5 stars on Amazon by 230 rea...
by btenny
Sun May 17, 2020 12:51 pm
Forum: Personal Investments
Topic: Portfolio for 72 year old couple
Replies: 35
Views: 2716

Re: Portfolio for 72 year old couple

How much $$ do you need to withdraw and spend from your IRA annually? Not your RMD but what money do you actually spend from you investments? What is your spend ratio versus your portfolio? Is it 2% or 4% or even more? This ratio will tell us how much risk you can afford to take to keep up with infl...
by btenny
Sun May 17, 2020 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of buying a boat during pandemic – am I CRAZY?
Replies: 80
Views: 5614

Re: Thinking of buying a boat during pandemic – am I CRAZY?

Long term 60 years plus boat owner here. I live on a lake and own a 23 foot cruiser with a small cutty cabin for camping and a porta-potty toilet. We use it 15 days or so per year. We do lots of planned all day trips and some spur of the moment wine and sunset cruises. In my case I dock my boat behi...
by btenny
Tue May 12, 2020 9:05 pm
Forum: Personal Consumer Issues
Topic: New convertible under 50k?
Replies: 39
Views: 2451

Re: New convertible under 50k?

I suggest you look at the MB E series convertibles. They call them Cabriolets. The new model is a E450 and the older versions are E350, E400, etc.. They are great cars and drive very well. I like the older model E350 for nice styling and great reliability from a standard v6 engine. The newer models ...
by btenny
Mon May 11, 2020 9:52 pm
Forum: Personal Investments
Topic: New (semi) retiree needs help in these dire times
Replies: 8
Views: 1762

Re: New (semi) retiree needs help in these dire times

I know about PRWCX, I own some. It contains about 65% stocks and some options and some corporate bonds to round out the 100%. It is not a true balanced fund but has done well over time versus the fund risk profile. So I project you own 65% of 27% to get to 17.55% in actual stocks. Then I added 4% ti...
by btenny
Mon May 11, 2020 5:28 pm
Forum: Personal Investments
Topic: New (semi) retiree needs help in these dire times
Replies: 8
Views: 1762

Re: New (semi) retiree needs help in these dire times

I think you are in great shape. You can spend $4K per month (or more) from your portfolio and be very safe. Spending $48K per year is only 3% of your portfolio. So it will last for decades. Your asset allocation is about 31% in balanced funds and 69% in cash and treasuries. That is about 20/80 stock...
by btenny
Sun May 10, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: Event-Driven Bear Markets in U.S. History, 1835-2020
Replies: 26
Views: 2668

Re: Event-Driven Bear Markets in U.S. History, 1835-2020

Well we are almost two months since my last post on this topic. The market is higher than back then but I think that is temporary. I think we are looking at a serious long depression with a economy in taters and no real fixes or good plan in sight to revive things. Leadership is fractured at best. W...
by btenny
Sat May 09, 2020 1:18 pm
Forum: Personal Investments
Topic: portfolio and estate management advice
Replies: 6
Views: 548

Re: portfolio and estate management advice

Well you have a lot going on with the trusts. You need some professional help. I think you need detail legal advice and some accounting help to get them distributed right. So I suggest you find a good estate lawyer and a good estate accountant in the same state as the trust and farm. Then get an app...
by btenny
Wed May 06, 2020 1:36 pm
Forum: Personal Consumer Issues
Topic: 2020 travel plans
Replies: 95
Views: 4487

Re: 2020 travel plans

We cancelled a large family reunion and week long visit the last week of March. My kids got flight vouchers good through 2021. We are supposed to get cash refunds for some hotel reservations but we have not received any money yet. We still want to see our kids and grand kids but TBD when and how. Al...
by btenny
Mon May 04, 2020 10:05 pm
Forum: Personal Consumer Issues
Topic: Steel-framed Residential Entry Doors
Replies: 34
Views: 2402

Re: Steel-framed Residential Entry Doors

I have a steel screen door that is framed in steel and installed in front of my carved wooden front door. See below for the link to the local dealer that I used. It is the door that is baseball bat proof and thief proof you see on TV. It has a steel double dead bolt lock and interior hinges etc... I...
by btenny
Mon May 04, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: Corona impact on Real Estate as a viable asset class
Replies: 16
Views: 1587

Re: Corona impact on Real Estate as a viable asset class

There is also a very large class of Capital Assets built to handle large crowds for sporting events and conventions and transportation. Things like football and baseball stadiums and convention centers and big music halls and airport and train and bus terminals. Most of these assets are showplaces a...
by btenny
Mon May 04, 2020 11:29 am
Forum: Investing - Theory, News & General
Topic: Corona impact on Real Estate as a viable asset class
Replies: 16
Views: 1587

Re: Corona impact on Real Estate as a viable asset class

I think Capital Assets in general are being hit hard by this pandemic. I see significant deflation in prices and the value proposition ahead. Planes are parked and not flying. Office buildings are half empty while workers toil away at home. Hotels are closed. Retail shops and restaurants are closed....
by btenny
Sun May 03, 2020 2:18 pm
Forum: Investing - Theory, News & General
Topic: Airline Stocks
Replies: 42
Views: 4032

Re: Airline Stocks

I see all the airlines going BK this year. Travel is not going to pick up any time soon. The old ways of air travel are gone. The airlines have too many planes and too many employees and too large pension obligations and so forth. They have no way out but BK and the sooner they file the faster they ...
by btenny
Sat May 02, 2020 9:21 pm
Forum: Investing - Theory, News & General
Topic: When to sell low? Buffett sells entire airline stake
Replies: 81
Views: 11612

Re: When to sell low? Buffett sells entire airline stake

I think Warren is loosing his touch. He swore he would never buy airlines way back when because he thought airlines were a terrible business. Then in 2016ish he buys 10% of four airlines at high prices when things were going good. So totally against his precept of getting good businesses at a good p...
by btenny
Wed Apr 29, 2020 11:34 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 492
Views: 17767

Re: Bird watchers – what birds are you seeing?

I am really lucky and have a nice shaded back yard with big trees and bushes and tons of birds. My current fun bird watch is a Mom Quail with 12+ babies running around my yard. It is really cool watching those little guys run and try to keep up with Mom. https://www.pinterest.com/pin/272045633714611...
by btenny
Sun Apr 26, 2020 12:09 pm
Forum: Personal Investments
Topic: Intermediate term tax exempt bond fund
Replies: 27
Views: 2374

Re: Intermediate term tax exempt bond fund

I am pretty sure lots of municipal bonds and city bonds are going to be stressed as tax revenue drops. These towns have only lost 1-2 months of taxes so far. What happens by August-October when revenues are down by 30% or more? Then the city managers and town councils will have cut police salaries o...
by btenny
Wed Apr 22, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Another Close or Walk Dilemma
Replies: 21
Views: 2890

Re: Another Close or Walk Dilemma

I suggest a slightly different approach. Deals are not done until they are closed. Play hardball. The seller has not performed. You need a place to live and they have not delivered. You have big $$ committed. Send a letter from you and your lawyer to the seller and the builder(s) saying you wish to ...
by btenny
Tue Apr 21, 2020 12:57 pm
Forum: Personal Investments
Topic: Vanguard energy ETF?
Replies: 16
Views: 1039

Re: Vanguard energy ETF?

I am not a fan at this time. There is just too much trouble for lots of companies and a big shakeout is just starting. I suspect many smaller oil names will go BK and or get bought out. So things will consolidate more. I also suspect that dividends of many companies will be slashed. Plus there is th...
by btenny
Tue Apr 21, 2020 12:42 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74483

Re: Bogleheads community discussion - Coronavirus

Only the grade schools in Sweden are open. High schools and colleges are closed and have been for a while. The argument for not closing the grade schools was too many health care and front line workers would have to stay at home and take care of small kids. Plus very few small kids seem to be gettin...
by btenny
Mon Apr 20, 2020 7:17 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 74483

Re: Bogleheads community discussion - Coronavirus

I need to understand something. Will all you smart doctors and others who understand COVID please tell me some facts or opinions if real facts are limited. Suppose we let some more companies and some medical stuff open up but have them obey a bunch of OSHA like rules, Make them use masks and body te...
by btenny
Mon Apr 20, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: [Oil futures price plummets, Bogleheads react]
Replies: 154
Views: 8239

Re: [Oil futures price plummets, Bogleheads react]

Maybe this cheap oil will make airplane gas and cruise ship oil cheap enough that the companies can still make money with half passenger loads.. Remember fuel is a big part of their costs.

So tickets to go places this fall may be really cheap..... If you are willing to take the risk....
by btenny
Sun Apr 19, 2020 2:34 pm
Forum: Personal Consumer Issues
Topic: Eating out after lock-down is lifted
Replies: 112
Views: 10317

Re: Eating out after lock-down is lifted

Well Boglegirl about that Costco membership. I have an Executive card and I am very POed at the company. Unless things improve I will probably cancel. I have not been able to go to shopping there in 4 weeks or more. I used to go there 1-2 times a week. The store by my house (plus two others I visite...
by btenny
Sun Apr 19, 2020 1:42 pm
Forum: Investing - Theory, News & General
Topic: Crisis Lessons (My list)
Replies: 50
Views: 4512

Re: Lessons learned from Pandemic

Tomato. We just got a wine cooler to take some load off our refrigerator. Now we have chilled wine and a lot more space for other stuff. :D :D I also learned that my new Hybrid Heat Pump Water heater works great. It cools my garage a bunch right now. It is so cool this spring that I open the garage ...