Search found 2452 matches

by unclescrooge
Tue Oct 16, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 83
Views: 6019

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: 2641

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: 4077

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: 4408

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: 5334

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: 7704

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: 1154
Views: 95258

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: 1154
Views: 95258

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: 1154
Views: 95258

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: 2556

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: 1825

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: 1825

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: 12613

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: 1480

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: 1825

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: 5730

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: 5730

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: 12613

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: 5370

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: 5370

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: 5370

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: 5069

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: 5069

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: 1825

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: 1825

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: 531

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: 1825

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: 1430

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: 1814

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: 12613

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: 11731

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: 991

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: 1825

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: 1825

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: 1825

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: 8635

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: 25173

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...
by unclescrooge
Thu Oct 04, 2018 1:12 am
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 3927

Re: Black suit with dark brown shoes?

Unless you're a hipster I can't see how you could pull it off.

Blue or grey suit, yes. Black, doubtful.
by unclescrooge
Thu Oct 04, 2018 12:24 am
Forum: Personal Finance (Not Investing)
Topic: Solar Panel Installation?
Replies: 19
Views: 1430

Re: Solar Panel Installation?

When I turned 40 I decided I was too old to suffer the heat. I crank the AC to 74 in peak summer. We also put in a wine cooler. And we have an electric water heater. I threw a couple of extra panels on the roof. The marginal cost is negligible. Solar panels are probably only 25% the cost of the proj...
by unclescrooge
Wed Oct 03, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Humidity in basement
Replies: 65
Views: 4141

Re: Humidity in basement

I'm getting ready to start the same project. I decided on 10mm vapor barrier laid over the top of what was used by the previous owner (looks like 6mm to me, but not sure). I'm on the fence between drilling and using the Christmas tree fasteners or using a Ramset. Ramset concrete gun :shock: what ma...
by unclescrooge
Wed Oct 03, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Humidity in basement
Replies: 65
Views: 4141

Re: Humidity in basement

May not need the tarps if the dirt is thoroughly cleaned of all debris. They make 4" wide vapor barrier seam tape. Do you plan to attach the barrier to the foundation? There's also double sided butyl tape for this. Alternatively, can run a bead of construction adhesive along foundation. Most instal...
by unclescrooge
Wed Oct 03, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Sold Home - 2 days after buyer claims they found an issue with A/C
Replies: 119
Views: 11731

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

goblue100 wrote:
Wed Oct 03, 2018 2:57 pm
I would tell them to go pound sand, so to speak. Nice scam to get a new AC unit. They should have bought a one year home owners warranty if they wanted stuff covered after they moved in.
Or the buyers agent should've written it in the contract to be covered by seller.

Too bad.
by unclescrooge
Wed Oct 03, 2018 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Closing account with Morgan Stanley questionable fees
Replies: 7
Views: 606

Re: Closing account with Morgan Stanley questionable fees

livesoft wrote:
Wed Oct 03, 2018 2:34 pm
I've never paid an ACAT fee either to transfer via ACAT.
There's no ACAT fee, but the delivering firm will charge an account closure fee.
by unclescrooge
Wed Oct 03, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Closing account with Morgan Stanley questionable fees
Replies: 7
Views: 606

Re: Closing account with Morgan Stanley questionable fees

Ok, so I inherited some stock from my mother-in-law and I want to close the account and invest on my own. She had $30,000 between three stocks and I was told by our financial advisor (which we inherited with the stock, lol) that the commission fee to close will be $800. Can that be right? I checked...
by unclescrooge
Wed Oct 03, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: Humidity in basement
Replies: 65
Views: 4141

Re: Correlation between temperature, humidty and mold in crawl space?

I found this interesting table online showing the relationship between temperature, relative humidity and risk of mold. https://energyhandyman.com/wp-content/uploads/2012/05/TEMP-RH-and-MOLD-Charts.jpg As an example, a crawl space with 75 degrees F temperature and 65% RH has no risk for mold. No cl...
by unclescrooge
Wed Oct 03, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Humidity in basement
Replies: 65
Views: 4141

Re: Humidity in basement

Seems high to me. Sounds like the issue has been around for a long time, no need to rush the fix especially with a high bid cost. The specific work in crawlspace is very simple and materials cost very little, I'd take the extra time to get two more quotes (and let them know you are getting competin...
by unclescrooge
Tue Oct 02, 2018 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on short term investments in def comp account
Replies: 9
Views: 691

Re: Advice on short term investments in def comp account

Bonds *are* the safest way to go. Stock funds can drop 50% - they did for many of us in 2008-09. By contrast rising interest rates have a relatively small effect. Vanguard Total Bond Market's worst drop was something like -4% in 1994 (the year of the bond market rout). Things have changed, but -10%...
by unclescrooge
Tue Oct 02, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5357

Re: Root of Good's cost of raising a child: $3,300 per year

I was talking specifically about will thrill's stated expense. Based on his posts, he sounds incredibly bright and he probably married someone just as smart. You're too kind. :beer Yes, my wife is very bright and college educated in an area with strong employment demand. But she has always wanted t...