Search found 5676 matches

by Pajamas
Thu Jul 19, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 104
Views: 5361

Re: Direct Real Estate Returns

Dottie57 wrote:
Thu Jul 19, 2018 12:55 pm
Wow. Kind of nasty reply.
I thought it was humorous in a WAKE UP SHEEPLE!!! kind of way. 8-)

Image
by Pajamas
Thu Jul 19, 2018 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 62
Views: 1370

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

Nissanzx1 wrote:
Thu Jul 19, 2018 12:36 pm
You are welcome to send it. No charge other than shipping. I have a watch makers bench with one drawer full of gaskets lol
Thanks! I just need to orders some gaskets, I had even figured out what size. That would be a good hobby/side business for you, though.
by Pajamas
Thu Jul 19, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 34
Views: 1578

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Part of me wants to continue holding it to pass on to the next generation and part of me says to sell it and buy an index fund for more diversification. Unless you hold enough of the stock to actually control the corporation it doesn't make any sense to want to pass it on to the next generation. We...
by Pajamas
Thu Jul 19, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring $2M out of Vietnam to the US
Replies: 12
Views: 737

Re: Transferring $2M out of Vietnam to the US

With $2 million and such a low transfer limit, seems like professional advice would be helpful if he can find an appropriate source. Seems like there must be some creative but legal way to get around it.
by Pajamas
Thu Jul 19, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Another "good-to-go" question
Replies: 6
Views: 393

Re: Another "good-to-go" question

Okay then it seems like the main thing to do would be to look at your asset allocation. Simply taking out what you need for spending will probably work okay as a withdrawal strategy since you used your 5/10 highest-spending years in your calculations, which are fairly conservative all around.
by Pajamas
Thu Jul 19, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 62
Views: 1370

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

She has three collectible watches herself (about $15K worth), but she honestly prefers her $100 Citizen. I have a Seiko that I paid something like $125 or $150 for that I like as much as any other watch I've seen. When I last changed the battery I noticed that it needs a new gasket, though, so I ha...
by Pajamas
Thu Jul 19, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Another "good-to-go" question
Replies: 6
Views: 393

Re: Another "good-to-go" question

Do you have any other resources than your nest egg such as Social Security or a pension? Seems like you have already considered sequence of returns risk to at least some degree but that would seem to be the main risk in the absence of other income.
by Pajamas
Thu Jul 19, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: REITs, etc
Replies: 11
Views: 482

Re: REITs, etc

There can be good reasons to hold REITs in taxable accounts. For instance, many REIT distributions are return of capital, which can be very helpful in certain instances when total income is important such as MAGI for ACA coverage. The new tax law also gives some new advantage. https://www.reit.com/n...
by Pajamas
Thu Jul 19, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 171
Views: 10629

Re: Why is leveraging property good but leveraging stocks bad?

If only I had a dollar for every time someone dismissed leveraged ETFs as being unsuitable based on nothing more than reading the footnotes on a website. To actually understand the potential value of a product like this, you need to be willing to dig beneath the boilerplate and really see what's go...
by Pajamas
Thu Jul 19, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement plans, 3 day rule, and coverage of Skilled Nursing facilities
Replies: 9
Views: 376

Re: Medicare Supplement plans, 3 day rule, and coverage of Skilled Nursing facilities

Not necessarily: Yes, I was of course referring to the general rule and not the exemptions. As I understand it, you pretty much have to ask hospital staff whether you're an inpatient or not. I've read somewhere that you ought to demand to be admitted as an inpatient, although I don't know how that ...
by Pajamas
Thu Jul 19, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: Europe travel Qs
Replies: 54
Views: 2179

Re: Europe travel Qs

Most large museums and other public buildings have secondary entrances that are no secret and are recommended in all the tourist guides but which are still underutilized. Same is true for bathrooms and sometimes even food service. Don't ignore the smaller specialty museums and sights, especially if ...
by Pajamas
Thu Jul 19, 2018 10:29 am
Forum: Investing - Help with Personal Investments
Topic: REITs, etc
Replies: 11
Views: 482

Re: REITs, etc

It would benefit you to use the search feature regardless of any responses to this post because both REITs and crowdfunding have been discussed extensively in the past and there have been some good points made. I have invested in REITs for decades but have picked up a few new and useful perspectives...
by Pajamas
Thu Jul 19, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement plans, 3 day rule, and coverage of Skilled Nursing facilities
Replies: 9
Views: 376

Re: Medicare Supplement plans, 3 day rule, and coverage of Skilled Nursing facilities

Has to be an actual admission and not an observation stay, too. That issue has come up before on Bogleheads.

The midnight thing is not unique to this issue, that's just the way hospital days are generally counted.
by Pajamas
Thu Jul 19, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 62
Views: 1370

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

Your spouse's opinion definitely counts here because if there is a difference of opinion, that could be a real long term bone of contention in the marriage. In fact, I wonder if that is how the word "irresponsible" got included in this question. Yep, I was wondering if there was an argument and the...
by Pajamas
Thu Jul 19, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 68
Views: 4423

Re: $540 a month on food for graduate student budget too much?

I was thinking about this some more yesterday but forgot to post. Since you eat all of your meals out, something you can consider doing is buying just a box of fried chicken from Popeye's (the best) or fried or rotisserie chicken from a grocery store. Popeye's often has specials and some grocery sto...
by Pajamas
Thu Jul 19, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 55
Views: 3316

Re: Invest in Tesla?

Comparing Amazon to Tesla and Bezos to Musk is absurd. My position has been that Elon Musk is not someone it would be smart to bet against but some of his recent behavior has changed my mind. He is unpredictable but sometimes it results in poor outcomes that are both predictable and avoidable. I no...
by Pajamas
Thu Jul 19, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 62
Views: 1370

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

I'm curious as to what your wife thinks about your watch collection and whether or not she has a comparable jewelry collection.
by Pajamas
Thu Jul 19, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement plans, 3 day rule, and coverage of Skilled Nursing facilities
Replies: 9
Views: 376

Re: Medicare Supplement plans, 3 day rule, and coverage of Skilled Nursing facilities

Some Accountable Care Organizations were given an exemption from the 3-day rule for certain patients, maybe your friend is one of them.
by Pajamas
Thu Jul 19, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 66
Views: 3819

Re: How do you handle the urge to DO something?

I set very high standards for when to do something, which reduces the frequency and improves the odds of success. I also carefully consider scale or size.
by Pajamas
Thu Jul 19, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What is the most severe hyperbolic discounting you have ever acted on?
Replies: 26
Views: 1428

Re: What is the most severe hyperbolic discounting you have ever acted on?

I don't think I do this so much with money but it seems to be similar to choosing to eat something tasty but not good for you because of valuing the present over than the long term, so I definitely succumb to the general behavior in other ways.
by Pajamas
Thu Jul 19, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Good to Go, yes/no?
Replies: 21
Views: 1634

Re: Good to Go, yes/no?

Sounds fine. Are you going to take the lump sum? At least compare an annuity purchased with a lump sum to the pension. I would worry some about the pension over the long term even if it is well-funded, especially considering the need for a freeze. My current plan is to take the 65k 100% J&S. Okay, ...
by Pajamas
Thu Jul 19, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 171
Views: 10629

Re: Why is leveraging property good but leveraging stocks bad?

ULPIX and similar leveraged ETFs are very misunderstood in general. They are only intended for day trading. ULPIX is not expected to even approximately double the return of the S&P 500 over any period longer than one trading day because it is "reset" each day. I agree that these products are genera...
by Pajamas
Wed Jul 18, 2018 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Good to Go, yes/no?
Replies: 21
Views: 1634

Re: Good to Go, yes/no?

Sounds fine. Are you going to take the lump sum? At least compare an annuity purchased with a lump sum to the pension. I would worry some about the pension over the long term even if it is well-funded, especially considering the need for a freeze.
by Pajamas
Wed Jul 18, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 3386

Re: Buy a vacation home while renting

On a side note, I find it surprising that so many people recommend paying down student loans early. I have about 8 years left on my payment plan, and I see no reason to put extra money to work at 2.95% when I could potentially get more in the market. I wouldn't recommend paying down a 2.95% loan bu...
by Pajamas
Wed Jul 18, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Weird info from HR on HSA
Replies: 9
Views: 1097

Re: Weird info from HR on HSA

Sounds like she is confused about the penalty for CONTRIBUTING more than $6,900. Maybe show her this: https://www.irs.gov/publications/p969#en_US_2017_publink1000204046 Excess contributions. You will have excess contributions if the contributions to your HSA for the year are greater than the limits ...
by Pajamas
Wed Jul 18, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 171
Views: 10629

Re: Why is leveraging property good but leveraging stocks bad?

From inception to the present, the leveraged not only failed to earn double the earnings of a "straight" S&P mutual fund, it actually earned less than the unleveraged fund. While the unleveraged fund was growing $10,000 to $42,707, ULPIX only grew it to it to $39,356. ULPIX and similar leveraged ET...
by Pajamas
Wed Jul 18, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2878

Re: How much furniture spending is ok?

My real estate investing strategy is to buy a house, live in it for the one year minimum required for an owner occ mortgage loan, then buy another house, converting previous to a rental. Repeat until FI. Seems like a smart strategy. That's a good pace for acquiring properties, you get a good rate o...
by Pajamas
Wed Jul 18, 2018 9:03 am
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 104
Views: 5361

Re: Direct Real Estate Returns

This thread is hilarious. Part of the reason is that many of the strong proponents of being a landlord have only been in the business for a relatively short time and have not experienced a deep down cycle in the economy. Many of the lessons that should have been learned from the financial crisis a ...
by Pajamas
Tue Jul 17, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 86
Views: 9055

Re: Amazon Prime Day 2018

I'm not sure how much credit gets stored or where I can see it on my account Here, I can help you with that: https://www.amazon.com/gp/feature.html?ie=UTF8&docId=1000296831#gc Click the "Enter Your Code" button and it will show you all of your credit balances. You have to be logged into your Amazon...
by Pajamas
Tue Jul 17, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 65
Views: 3663

Re: Are Credit Cards Actually Convenient?

I always inform for any travel, but have had it happen at the grocery store that I shop at every single week. It's bizarre. Can't your credit card issuer stop this from happening at a store you shop at regularly if you ask them to do so? I wonder if it has to do with the particular grocery store be...
by Pajamas
Tue Jul 17, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring money from Canada - Wait for exchange rate to improve?
Replies: 11
Views: 376

Re: Transferring money from Canada - Wait for exchange rate to improve?

You can transfer the money now and then buy ETFs that hold all Canadian assets. That effectively gets you back into CAD after transfer. Which sort of gets to the reality of the situation. Yes, the CAD was worth more compared to the USD in the past and may be again in the future but right now, the e...
by Pajamas
Tue Jul 17, 2018 5:34 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2878

Re: How much furniture spending is ok?

I live in a 4-bedroom, 1800 sq ft home, and own about $200 worth of furniture. Got some Ikea tables (free to me) zip tied together at the legs to make a big desk. Mattress on the floor in one bedroom (the other three bedrooms are empty). An inexpensive desk chair. Two folding camp chairs in the liv...
by Pajamas
Tue Jul 17, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Question about new construction basement houses
Replies: 19
Views: 1277

Re: Question about new construction basement houses

What's in the walkout basement? Often they have separate heating and cooling systems because they aren't used every day. The area should be less expensive to heat and cool because it is partially surrounded by earth, all else being equal. Moisture is problem with most basements at one point or anoth...
by Pajamas
Tue Jul 17, 2018 5:21 pm
Forum: Personal Consumer Issues
Topic: suit shoe combo?
Replies: 35
Views: 1558

Re: suit shoe combo?

these shoes have really good traction. I love wearing these red shoes, I have seen the sneaker look with suits and I thought what the hell why not since i have the shoes already Okay, maybe you have a different style of dancing than what I'm used to and the soft soles are appropriate. Traction is t...
by Pajamas
Tue Jul 17, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2435

Re: When to invest 100000?

Almost everyone will agree with you that there is a 100% chance of a significant decline in the markets in the future. The real question is what to do, knowing that it will happen but not when. What you might do depends. For some people, the right answer is to keep assets in near-cash because avoidi...
by Pajamas
Tue Jul 17, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 137
Views: 8666

Re: Why own a bed?

And any partner demanding clean sheets is equally suspect. Victoria Hygiene is different! Avoiding bed bugs is a good reason I think to have a bed versus just a mattress on the floor. How so? Any advantage would be slight and bed bugs can live in cracks in headboards or wooden frames or slats.
by Pajamas
Tue Jul 17, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: suit shoe combo?
Replies: 35
Views: 1558

Re: suit shoe combo?

Mjar wrote:
Tue Jul 17, 2018 4:00 pm
I always where black suit with black dress shoe and a different colored tie.
Why the sudden urge to be creative?

Aren't shoes with leather soles much more suitable for dancing than ones with soft soles?
by Pajamas
Tue Jul 17, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 86
Views: 9055

Re: Amazon Prime Day 2018

I was really surprised to see two books show up as free ($0.00 Kindle price) the other day. These were legitimate books that we (or SO) were interested to buy at full price. I am talking about somewhat obscure books (one on First Nations art, another on Japanese history -- both by respected authors...
by Pajamas
Tue Jul 17, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 137
Views: 8666

Re: Why own a bed?

Are there any good reasons to own a bed? Why not just sleep on a mattress on the floor (I think the Japanese do that?) instead of paying hundreds or thousands of dollars to sleep a few feet off the ground? If such a person is single and interested in a relationship, this "choice" could be damaging ...
by Pajamas
Tue Jul 17, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 86
Views: 9055

Re: Amazon Prime Day 2018

If you keep items in your shopping cart to purchase later, Amazon will notify you of price changes each time you look at your cart. I do that with items that I need to buy but don't need immediately. Some items have steep price drops for a short period of time, either because someone else is selling...
by Pajamas
Tue Jul 17, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Class Reunion Fund: How to Hold and Where to Invest?
Replies: 14
Views: 749

Re: Class Reunion Fund: How to Hold and Where to Invest?

If the amount is $1,200 and it is to be used in ten years for another class reunion, the best thing to do with it would be to donate the money, preferably to the school or possibly for something related to education or related to the place the school is located. Could be used to buy something perman...
by Pajamas
Tue Jul 17, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 171
Views: 10629

Re: Why is leveraging property good but leveraging stocks bad?

What I don’t understand is why leverage is frowned upon for stocks but not for property where leverage is usually 5x. One thing you should consider is whether or not it is necessary to use leverage, i.e. a loan. It's easy to buy $1,000, $5,000, or even $12,223 worth of equities. This is not general...
by Pajamas
Tue Jul 17, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 3386

Re: Buy a vacation home while renting

the usual American Dream of owning real estate for no good reason. Interestingly enough there are dozens of countries with higher rates of homeownership than the U.S. What I would suggest is that you get together with a few friends and rent a place for the summer. Take turns using it separately and...
by Pajamas
Tue Jul 17, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 3386

Re: Buy a vacation home while renting

Of course it doesn't make much sense financially as others have already pointed out but there are also non-financial reasons to reconsider this. It's not all fun and games like you think from visiting a friend's place a few times and reading in the Sunday paper or in a magazine about people who boug...
by Pajamas
Mon Jul 16, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 2608

Re: Would you pay $120 for a 5 year dishwasher warranty?

I did and am glad-- used it probably 4 times so far? Once it turned out the problem was a supply pipe freezing, but did not get charged for the service visit (which would have been $100). Once the control panel died (guy mumbled something about moisture not being good for electronics). Then the con...
by Pajamas
Mon Jul 16, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Passport expiration time rules for France
Replies: 31
Views: 1740

Re: Passport expiration time rules for France

Many years ago I asked a French immigration agent what they looked for when checking my passport. As I remember, he said "I look that the expiration month is not the current month." So if your passport expires on 3/1, and you're entering France on 2/28, you're probably ok. Problem might not be at i...
by Pajamas
Mon Jul 16, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: Is expensive olive oil worth it?
Replies: 59
Views: 5439

Re: Is expensive olive oil worth it?

Here's an open class action suit against Bertolli for mislabelling olive oil as "Imported from Italy" or "Extra Virgin". Of course they denied it but agreed to settle AND to change several practices regarding packaging and labelling.

http://www.oliveoilsettlement.com/index.html
by Pajamas
Mon Jul 16, 2018 6:38 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 2608

Re: Would you pay $120 for a 5 year dishwasher warranty?

That's a rather weird way to think about a warranty. If I offered you the warranty for $1 you would refuse because you expect there's a little chance you'll use it? The important assumption here is that the warranty is priced for you to lose money, on average. Yes, I would refuse it. Things that I ...
by Pajamas
Mon Jul 16, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 2608

Re: Would you pay $120 for a 5 year dishwasher warranty?

No, because if I thought that there were a good chance a dishwasher would need repair or replacement within five years, I wouldn't buy it in the first place.
by Pajamas
Mon Jul 16, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: Passport expiration time rules for France
Replies: 31
Views: 1740

Re: Passport expiration time rules for France

hoops777 wrote:
Mon Jul 16, 2018 4:55 pm
The renewal takes 6 to 8 weeks and our flight would be 9/27.Do I trust that I will have it back?
Yes but don't wait. It usually takes up to 4-6 weeks, not sure where you got 6-8.

https://travel.state.gov/content/travel ... times.html