Search found 2463 matches

by unclescrooge
Sat Oct 20, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: Why are Carbon Offset Credits so cheap?
Replies: 12
Views: 513

Re: Why are Carbon Offset Credits so cheap?

I calculated the carbon footprint of my business travel last year at 5t. I didn't think flying was a huge carbon contributor, but I was surprised to learn it was my biggest category. I was curious what it would take to offset some of my transportation carbon. 1) switch to a job near home -> save 1....
by unclescrooge
Sat Oct 20, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 61
Views: 4654

Re: Total Bond Market Fund - interest rates rising!

barnaclebob wrote:
Fri Oct 19, 2018 4:04 pm
I always laugh when people talk about a bond "crash". What you mean having them going down 5% in a year?
Long term bonds (as tracked by TLT) are down 9% this year.

We can laugh, but a lot of conservative investors in bond-heavy portfolios are confused by this turn of events.
by unclescrooge
Sat Oct 20, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: What happens if a government confiscates foreign-held stocks?
Replies: 39
Views: 1887

Re: What happens if a government confiscates foreign-held stocks?

And, really, one answer to the original poster's question could be: in the Vanguard Total World Stock Market Index Fund, the largest allocation to any single country is Japan, 8.8%. The allocation to China is 3.0%. Therefore, if China were to confiscate all stocks held in the Total World fund, the ...
by unclescrooge
Sat Oct 20, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: DFA small value... acitve management?
Replies: 24
Views: 982

Re: DFA small value... acitve management?

My biggest concern is that over time they keep adding new "factors" based on backtested data... it seems like if small/value were true risk premiums that could be extracted they wouldn't need to add all these newer factors... They hire PhDs who spend their time doing research. If a factor shows an ...
by unclescrooge
Sat Oct 20, 2018 1:41 am
Forum: Investing - Help with Personal Investments
Topic: Is my IRA underperforming?
Replies: 12
Views: 978

Re: Is my IRA underperforming?

I started a Roth IRA with Merrill Lynch back in March. I opened it with a max contribution of 11k (5.5k each for 2017 and 2018) right off the bat. As of today, it's currently at $10,730. I realize it's only been 8 months and the market has been a little rocky lately, but should I be ok with that? I...
by unclescrooge
Sat Oct 20, 2018 1:36 am
Forum: Investing - Theory, News & General
Topic: DFA small value... acitve management?
Replies: 24
Views: 982

Re: DFA small value... acitve management?

My biggest concern is that over time they keep adding new "factors" based on backtested data... it seems like if small/value were true risk premiums that could be extracted they wouldn't need to add all these newer factors... They hire PhDs who spend their time doing research. If a factor shows an ...
by unclescrooge
Sat Oct 20, 2018 1:32 am
Forum: Personal Consumer Issues
Topic: Freestanding Wine Fridge Reccomendations
Replies: 9
Views: 831

Re: Freestanding Wine Fridge Reccomendations

I had posted a similar question a year ago. I ended up buying a vino temp from Costco using the Citi card to get an extra 2 years on the warranty. I'm very happy with it. How has the vino temp held up? Is it quiet? For some reason I didn't find your post when I searched, so thanks for the reference...
by unclescrooge
Sat Oct 20, 2018 1:29 am
Forum: Investing - Theory, News & General
Topic: How do you trade ETFs exactly like mutual funds?
Replies: 32
Views: 1455

Re: How do you trade ETFs exactly like mutual funds?

Certainty of execution is the crucial thing. Mutual funds trade at next NAV, which is unknown to you until a couple of hours after the market closes. ETFs can be traded with limit orders or marketable limit orders, and you know for certain you won't get a worse price than you specified. That's a gr...
by unclescrooge
Fri Oct 19, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: Freestanding Wine Fridge Reccomendations
Replies: 9
Views: 831

Re: Freestanding Wine Fridge Reccomendations

I had posted a similar question a year ago.

I ended up buying a vino temp from Costco using the Citi card to get an extra 2 years on the warranty. I'm very happy with it.
by unclescrooge
Fri Oct 19, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: What if your risk tolerance is lower than what's best for your portfolio?
Replies: 46
Views: 2946

Re: What if your risk tolerance is lower than what's best for your portfolio?

Hi, Bogleheads. My AA is 37/63 now, after this slight correction. I lost more than a year's expenses in one week. I just hate losing money, even if it's only paper losses, especially now that I'm semi-retired. (I've lived through bears and recessions and don't panic sell. But my mood goes south.) I...
by unclescrooge
Thu Oct 18, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: flat for the year
Replies: 27
Views: 2458

Re: flat for the year

Long term bonds were down 8% down I checked a few days ago.

A well diversified portfolio will be flat to negative this year.

A US-stock heavy portfolio will be positive.

And in a year or two the tables will be turned.
by unclescrooge
Tue Oct 16, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 127
Views: 9327

Re: Should we move to San Diego from east coast?

I just moved from San Diego to Austin TX. I'd give my left arm to move back and so would my kids! (Wife likes the weather/rain out here though.) We lived in Escondido and it's much more affordable in the inland cities compared to the coast. Quite a bit warmer during the summer however. House = 600k...
by unclescrooge
Tue Oct 16, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2713

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

folks at work did a pool thing, I opted out as I don't subscribe to these types of things...was given a hard time since it was only a $2 contribution but it's ok. I don't gamble as it's against my principle. It's not a gamble in this case, but an insurance policy. If everyone participates, win and ...
by unclescrooge
Tue Oct 16, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: Huge drops in VTXVX and VTHRX [Vanguard Target Date Funds]
Replies: 51
Views: 4142

Re: Huge drops in VTXVX and VTHRX [Vanguard Target Date Funds]

Yes, here is is: December 11th, 1929: EX-BROKER, 56, DIES IN NINE-STORY LEAP: Frank K. Emmett, Who Retired Three Years Ago, Jumps From Window in Apartment. CAUSE OF ACT A MYSTERY Wife and Associates Say His Health Was Good and He Had Suffered No Financial Reverses. So, a broker, a jump, but not fro...
by unclescrooge
Sun Oct 14, 2018 3:27 am
Forum: Investing - Theory, News & General
Topic: Does international really buy you diversification?
Replies: 43
Views: 4454

Re: Does international really buy you diversification?

I see this as a recurring theme over tye past 20years or so - a fall in us stocks leads to a fall in European stocks the next day.if these walk so much hand under hand, are we really getting any diversification by investubg in international stocks? If international doesn't [/i] offer diversificatio...
by unclescrooge
Sun Oct 14, 2018 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5359

Re: Weigh in on our Marital Argument =)-- HCOL edition

Stay in the same neighborhood, but rent a larger place.

Rent out your house. When the kids move out, you can move back.
by unclescrooge
Thu Oct 11, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: Barron's Making the Case for Gold
Replies: 111
Views: 7757

Re: Barron's Making the Case for Gold

gold has risen over very long periods of time at the rate of inflation. An ounce of gold bought a fine tailored toga 2000 years ago and today it will buy you the equivalent fine tailored men's suit. When looking at the long term return of gold you also need to include the holding costs. For example...
by unclescrooge
Thu Oct 11, 2018 3:50 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1185
Views: 97978

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I can explain the PE of European markets vs USA pretty well on sectoral and GDP growth grounds. I struggle to explain Japan though I am wondering, can you tells us more about how you do that? I read some articles according to which the effect of sectors goes some way towards explaining the US highe...
by unclescrooge
Tue Oct 09, 2018 8:44 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1185
Views: 97978

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Why? Because only one of those four descriptions is relevant, only two of the four descriptions are objectively true, and all four descriptions concern the past and not the future. Which of the four do you believe are not objectively true descriptions ? Lower returns - not true Closely correlated w...
by unclescrooge
Tue Oct 09, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1185
Views: 97978

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I can explain the PE of European markets vs USA pretty well on sectoral and GDP growth grounds. I struggle to explain Japan though I am wondering, can you tells us more about how you do that? I read some articles according to which the effect of sectors goes some way towards explaining the US highe...
by unclescrooge
Tue Oct 09, 2018 12:01 am
Forum: Investing - Theory, News & General
Topic: Emerging Market Bond Funds
Replies: 46
Views: 2615

Re: Emerging Market Bond Funds

2 years ago, I added a small allocation to a closed end EMB fund that was trading at an 18% discount to net asset value. The holdings were bonds issued in US dollars.

That did very well until this year. I exchanged it for a local currency EMB fund.
by unclescrooge
Sun Oct 07, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

I select based on dehumidifier capacity (pints per hour) but then next look for one that can operate at low temperature, and will automatically resume after a power outage. Most are poor quality, but the cheap one I am using now has been going strong for six years. That might be a record. Which bra...
by unclescrooge
Sat Oct 06, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

https://www.lowes.com/pd/Frigidaire-70-Pint-2-Speed-Dehumidifier/1000490425 I just bought this one online and will be shipped to me. Lets hope it works. Thanks Why do need the wifi capability? Isn't this something you set and forget? Good question. I do not know exactly how it works. Does it 'tell ...
by unclescrooge
Sat Oct 06, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 12657

Re: What purchase saved you the most money?

Umbrella insurance.

Instance company paid out 7 figures in the first 12 months of the policy.
by unclescrooge
Sat Oct 06, 2018 7:46 pm
Forum: Personal Consumer Issues
Topic: Help identify vine in backyard
Replies: 26
Views: 1482

Re: Help identify vine in backyard

I'm no expert, but it looks like mint.
by unclescrooge
Sat Oct 06, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

Mrxyz wrote:
Sat Oct 06, 2018 4:19 pm
https://www.lowes.com/pd/Frigidaire-70- ... 1000490425

I just bought this one online and will be shipped to me. Lets hope it works.
Thanks
Why do need the wifi capability? Isn't this something you set and forget?
by unclescrooge
Sat Oct 06, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Doubling down on EM [Emerging Market]
Replies: 55
Views: 5750

Re: Doubling down on EM

I’ve always had an EM-heavy portfolio, but during the recent decline in EM stock markets I’ve been adding to my holdings considersably. Particularly now with VWO under $40, it’s hard to resist buying EM for the long haul. .... * Some might object that the EM indexes are very concentrated in China, ...
by unclescrooge
Sat Oct 06, 2018 2:25 pm
Forum: Investing - Theory, News & General
Topic: Doubling down on EM [Emerging Market]
Replies: 55
Views: 5750

Re: Doubling down on EM

If you are going to tilt so heavily to EM I would suggest you consider moving some of your allocation to a currency hedged fund like HEEM or EMMF. Much of the recent underperformance of EM can be explained by the strong dollar, if you’re betting on fundamental country performance hedging out local ...
by unclescrooge
Sat Oct 06, 2018 11:07 am
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 12657

Re: What purchase saved you the most money?

$100 Weed whacker for brush on the side of the hill. Saved me $600+ a season.

Netflix and Amazon prime instead of cable.
by unclescrooge
Sat Oct 06, 2018 1:51 am
Forum: Investing - Help with Personal Investments
Topic: Whew! Stock market is no longer at all-time highs, so ...
Replies: 34
Views: 5373

Re: Whew! Stock market is no longer at all-time highs, so ...

My portfolio is down 2% this year! :shock: Should I rebalance, or sell everything? Sell everything, the party is over, the Fed is taking away the punch bowl, massive inflation is coming while will drive 10 year yields so high nobody will want to buy stocks, p.s. plus gold and oil futures, best to l...
by unclescrooge
Fri Oct 05, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Whew! Stock market is no longer at all-time highs, so ...
Replies: 34
Views: 5373

Re: Whew! Stock market is no longer at all-time highs, so ...

My portfolio is down 2% this year! :shock: Should I rebalance, or sell everything? Sell everything, the party is over, the Fed is taking away the punch bowl, massive inflation is coming while will drive 10 year yields so high nobody will want to buy stocks, p.s. plus gold and oil futures, best to l...
by unclescrooge
Fri Oct 05, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Whew! Stock market is no longer at all-time highs, so ...
Replies: 34
Views: 5373

Re: Whew! Stock market is no longer at all-time highs, so ...

My portfolio is down 2% this year! :shock:

Should I rebalance, or sell everything?
by unclescrooge
Fri Oct 05, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: can i start a private investment firm?
Replies: 70
Views: 5081

Re: can i start a private investment firm?

I am not a financial analyst but been thinking of starting a private investment firm where i manage very limited number of people's funds. Is it possible to do this legally? Thanks Just start doing it. I don't think you need to do anything until you have more than 5 clients. See http://www.nasaa.or...
by unclescrooge
Fri Oct 05, 2018 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: can i start a private investment firm?
Replies: 70
Views: 5081

Re: can i start a private investment firm?

Welcome to the forum. What do you mean by "start a private investment firm"? Some forms require very little in the way of licenses or registration. You could be a independent consultant, writing reports for hire. What is your specialty? A "financial coach" does not require anything - then again it ...
by unclescrooge
Fri Oct 05, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

This may sound like a stupid question, but I'm terribly non-handy. Is it difficult to drain the humidifier into an existing drain? Also, if putting a dehumidifier in a crawl space, do I need to put down a vapor barrier and seal the vents? I live in SoCal and the crawl space is a constant 72F with 6...
by unclescrooge
Fri Oct 05, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

I bought a Friedrich dehumidifier and it dehumidified my basement adequately and ran for years. I mounted a couple of shelf brackets on a wall and drained it it to the laundry drain. I could have drained it into the air conditioner drain if the laundry drain wasn't available. Friedrich also makes u...
by unclescrooge
Fri Oct 05, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Should I use my taxable account to pay for medical expenses while contributing more to HSA?
Replies: 5
Views: 534

Re: Should I use my taxable account to pay for medical expenses while contributing more to HSA?

Hi all, My employer just made available an HSA and they will contribute $$ to it. I am not sure how much they will contribute but I do see a lump sum of $1,500 so far (I think that's it for the year?). I set up my paycheck deduction to about $115/biweekly. With that said, I am hoping to get some ad...
by unclescrooge
Fri Oct 05, 2018 12:36 am
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

I’m more than satisfied with the following in a 1,600 square foot basement – Meters https://www.amazon.com/gp/product/B0013BKDO8/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 Dehumidifier https://www.sylvane.com/santa-fe-compact70-dehumidifier.html?product_id=1633&s_cid=cse_gpl&gclid=EAIaIQobChMI4bWxh...
by unclescrooge
Fri Oct 05, 2018 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Solar Panel Installation?
Replies: 19
Views: 1433

Re: Solar Panel Installation?

Joel wrote:
Thu Oct 04, 2018 11:15 pm
California has net metering, but the annual excess payout is pennies on the dollar. So 100% is good, but anything above that’s worthless.
Where I live reimbursement is less than I pay, but it's not pennies.
Maybe 40% of my top tier rate.
by unclescrooge
Fri Oct 05, 2018 12:20 am
Forum: Investing - Help with Personal Investments
Topic: Timing the Market
Replies: 16
Views: 1817

Re: Timing the Market

The best time to invest in the market was 20 years ago.

The next best time is tomorrow when the market opens.

Instead of wasting your brain power on this intellectual exercise, try to do better at your job. (Easy advice to give, but I didn't practice it myself. But I wish I had)
by unclescrooge
Fri Oct 05, 2018 12:17 am
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 12657

Re: What purchase saved you the most money?

Not driving to work had saved me at least 40 hrs a month over the past 2 years and at least $4000 a year in car costs.

As a result I get to see more of my kids.
by unclescrooge
Thu Oct 04, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 11746

Re: Sold Home - 2 days after buyer claims they found an issue with A/C

I had a A/C prob the drip pan rusted thru, so I found the $50 part myself with lots of work, but most A/C people say it's toast now cannot get the part. Same thing on my heater, $100 blower went out, so they say better get whole new unit. I did not, but they charged me $900 to replace the darn blow...
by unclescrooge
Thu Oct 04, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: Simple, free way to send photos to people?
Replies: 15
Views: 992

Re: Simple, free way to send photos to people?

Moments app is pretty good too.
by unclescrooge
Thu Oct 04, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Seattle- mandatory affordable housing units affect single family home values?
Replies: 47
Views: 3522

Re: Seattle- mandatory affordable housing units affect single family home values?

Yes, I would think she is facing an upcoming loss. Think of it this way. If there was another house exactly like hers and priced the same as hers, would a buyer want to buy the one in the shadow of a high-rise or the one that isn't? Apparently she has not been active in the local zoning and propert...
by unclescrooge
Thu Oct 04, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

I’m more than satisfied with the following in a 1,600 square foot basement – Meters https://www.amazon.com/gp/product/B0013BKDO8/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 Dehumidifier https://www.sylvane.com/santa-fe-compact70-dehumidifier.html?product_id=1633&s_cid=cse_gpl&gclid=EAIaIQobChMI4bWxh...
by unclescrooge
Thu Oct 04, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

Mrxyz wrote:
Thu Oct 04, 2018 10:27 am

Some dehumidifiers come with Wifi compatibility.
https://www.lowes.com/pd/Frigidaire-70- ... 1000490425
I do not know if practically they work as promised.
I would rather spend the extra money for a unit with a pump.
by unclescrooge
Thu Oct 04, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Dehumidifier and humidity meter recommendations
Replies: 25
Views: 1826

Re: Dehumidifier and humidity meter recommendations

I just bought this product to measure my temperature and humidity levels La Crosse Alerts Mobile 926-25101-GP Wireless Monitor System Set with Dry Probe It comes with a gateway so I can measure the temperature when I'm not at home. Constant monitoring helped me realize that the dryer vent was leakin...
by unclescrooge
Thu Oct 04, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Real estate vs stock market returns: some unbiased numbers
Replies: 53
Views: 8646

Re: Real estate vs stock market returns: some unbiased numbers

The actual return on a 70/30 portfolio have been over 8%. Using that number means a final value of over $1.1 million, double your result. My point is primarily that anytime you compound over 30 years, even very tiny differences in assumptions matter a lot. Your observation makes sense, although I s...
by unclescrooge
Thu Oct 04, 2018 1:27 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25222

Re: What is your single most expensive mistake?

Not majoring in architecture, which was my first and only choice. :oops: And then instead of going into medicine, I went into engineering which I hated... And hated even worse during grad school. :oops: :oops: And then turning down a full ride to business school at UCSD, and a half ride to USC :oops...