Search found 510 matches

by cacophony
Mon May 25, 2020 1:28 am
Forum: Personal Consumer Issues
Topic: Homemade Salad Dressing
Replies: 49
Views: 2713

Re: Homemade Salad Dressing

I usually just use a mix of high quality extra virgin olive oil and balsamic vinegar (with a ratio of maybe 5:3), and some black pepper.
by cacophony
Wed Apr 01, 2020 12:39 pm
Forum: Personal Investments
Topic: vanguard CA tax exempt mm vmsxx yielding 3.2%
Replies: 8
Views: 606

Re: vanguard CA tax exempt mm vmsxx yielding 3.2%

Vanguard California Municipal Money Market Fund (VCTXX) is yielding 2.26%
Vanguard Municipal Money Market Fund (VMSXX) is yielding 3.2%. This is not CA tax exempt.
by cacophony
Tue Mar 24, 2020 7:24 pm
Forum: Personal Consumer Issues
Topic: Is there a device to connect to a regular phone to make wireless calls?
Replies: 25
Views: 1323

Re: Is there a device to connect to a regular phone to make wireless calls?

One solution would be to get the Ooma Telo Air + a regular landline phone to hook up to it.

I've used Ooma as my primary home phone for the last 7 years and it's been great.
by cacophony
Sun Mar 22, 2020 11:14 pm
Forum: Investing - Theory, News & General
Topic: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open
Replies: 155
Views: 13230

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

I went to 50 / 50 stocks / bonds in 2017, said I'd move back to my standard AA of 65 / 35 when stocks were down 35% from peak during a recession. Looks like tomorrow is the day! I'll keep 'overbalancing' until I'm 100% stocks if we're down 50%. A lot of folks said I was overly conservative, and I a...
by cacophony
Sat Mar 21, 2020 3:20 pm
Forum: Investing - Theory, News & General
Topic: Why do people keep saying you have to be right twice?
Replies: 213
Views: 7604

Re: Why do people keep saying you have to be right twice?

...Worst case, you can buy back in and break even. No, worst case you sell out of fear of significant further losses, and at some point shortly after selling the market quickly rebounds to a place higher than you sold. But you still don't buy because you feel another big drop is imminent. Instead t...
by cacophony
Sat Mar 21, 2020 3:13 am
Forum: Investing - Theory, News & General
Topic: Munis getting slaughtered!
Replies: 194
Views: 18409

Re: Munis getting slaughtered!

I remember when VNYTX was barfing out 4%. Good old days. I haven't had any muni fund since 2008. The yields are pathetic even compared to I-Bonds. It depends on your tax situation. If you live e.g. in CA and are in a higher tax bracket, a CA muni fund has actually been a very good deal through the ...
by cacophony
Sun Mar 01, 2020 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388024

Re: Share your net worth progression

I'm curious how much of our net worth progressions are due to investment returns during an extraordinary bull market. I'd bet things would look different if we'd had a flat past decade for stocks... SP500 was flat from 2000-2013. I'm not sure what extraordinary bull market you are referring too. 19...
by cacophony
Sun Mar 01, 2020 3:57 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388024

Re: Share your net worth progression

I'm curious how much of our net worth progressions are due to investment returns during an extraordinary bull market. I'd bet things would look different if we'd had a flat past decade for stocks... SP500 was flat from 2000-2013. I'm not sure what extraordinary bull market you are referring too. 19...
by cacophony
Thu Feb 20, 2020 1:00 pm
Forum: Personal Consumer Issues
Topic: Guitar for a 45 year old beginner
Replies: 52
Views: 3945

Re: Guitar for a 45 year old beginner

If you want to go the electric route I'd suggest a ~$500 mexican made Fender Stratocaster and a $230 Boss Katana 50 MKII amp. It's a great combination that's very versatile, and you won't feel the need to upgrade anytime soon. If you decide not to continue with guitar they both hold their value well...
by cacophony
Tue Feb 18, 2020 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup - Worth It?
Replies: 237
Views: 10220

Re: Prenup - Worth It?

A prenup is needed to address the appreciation of premarital assets during the marriage, even if it is not comingled. Let's say you start out with $1 million in premarital assets and you keep it separate during the marriage, and then after 20 years of marriage your premarital assets have grown to $...
by cacophony
Tue Feb 18, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup - Worth It?
Replies: 237
Views: 10220

Re: Prenup - Worth It?

Just curious - does one need even need a prenup for premarital assets? At least in my state any asset acquired prior to marriage is not subject to division in court, assuming it's documented and not comingled. A prenup is needed to address the appreciation of premarital assets during the marriage, ...
by cacophony
Mon Feb 17, 2020 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup - Worth It?
Replies: 237
Views: 10220

Re: Prenup - Worth It?

Just curious - does one need even need a prenup for premarital assets? At least in my state any asset acquired prior to marriage is not subject to division in court, assuming it's documented and not comingled. A prenup is needed to address the appreciation of premarital assets during the marriage, ...
by cacophony
Mon Feb 17, 2020 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup - Worth It?
Replies: 237
Views: 10220

Re: Prenup - Worth It?

Just curious - does one need even need a prenup for premarital assets? At least in my state any asset acquired prior to marriage is not subject to division in court, assuming it's documented and not comingled. A prenup is needed to address the appreciation of premarital assets during the marriage, ...
by cacophony
Mon Feb 10, 2020 2:37 am
Forum: Personal Investments
Topic: Invest now or wait for correction?
Replies: 21
Views: 2071

Re: Invest now or wait for correction?

There will be a correction at some point. The problem is you don't know when or how much. If you're waiting for a 20% correction it may happen next week, or next year, or 5 years from now after the market has gained another 200%. If the current valuations make you uncomfortable then dollar cost aver...
by cacophony
Mon Feb 10, 2020 2:00 am
Forum: Personal Investments
Topic: ESPP Sale - Gain or loss on transaction
Replies: 6
Views: 394

Re: ESPP Sale - Gain or loss on transaction

You made $3000 profit. Looking at my eTrade account: Acquisition Cost = How much you paid for the ESPP shares Adjusted Cost Basis = Amount shares were worth when they were transferred to you Total Proceeds = How much you got after selling shares Gain/Loss = Differece between Acquisition Cost and Tot...
by cacophony
Sun Feb 09, 2020 1:57 pm
Forum: Personal Consumer Issues
Topic: Taken for a ride for Car maintenance [Can I dispute Credit card charge?]
Replies: 101
Views: 6503

Re: Taken for a ride for Car maintenance [Can I dispute Credit card charge?]

That was a great Yelp review OP. The business owner does seem to respond to negative reviews so maybe something will be done for you. But in the future I'd find a good independent mechanic. You're in a area with a lot of great choices. I'd use a combination of Yelp and Consumers Checkbook to researc...
by cacophony
Sat Feb 01, 2020 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: $3 million the new rule of thumb?
Replies: 653
Views: 50667

Re: $3 million the new rule of thumb?

Nestegg_User wrote:
Sat Feb 01, 2020 1:43 pm
...The thread also was discussing FIRE types which would immediately eliminate any SS benefits (that's due to the "E" in FIRE)
For high earners, there's serious diminishing returns in social security benefits after about 20 years of earnings. IIRC you can get ~80% of the max SS benefit.
by cacophony
Fri Jan 31, 2020 12:24 am
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 78
Views: 58335

Re: Is a security freeze at Innovis really needed?

I'm trying to do a freeze at the Innovis website, but I always get "Unable to Process Your Request" Sorry for reviving an old thread -- did you get this resolved? I am getting "Innovis is unable to process your request at this time" both for a credit report request and for a credit freeze request. ...
by cacophony
Sun Jan 12, 2020 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire?
Replies: 120
Views: 11296

Re: Can we retire?

That sounds about right. But if you have a taxable account of over $4 million, should you really be worried much about paying for health insurance without ACA subsidies? :wink: Go back and re-read your original example, considering a smaller taxable portfolio (say $2M). The 30K long term capital ga...
by cacophony
Sun Jan 12, 2020 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire?
Replies: 120
Views: 11296

Re: Can we retire?

To add to marcopolo's post above, with a significant taxable account, it may be fairly easy to keep one's taxable income low enough that one qualifies for ACA subsidies and pays very little for an ACA health insurance plan . For instance, if you sell an investment that has a high cost-basis, you're...
by cacophony
Sun Jan 12, 2020 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire?
Replies: 120
Views: 11296

Re: Can we retire?

To add to marcopolo's post above, with a significant taxable account, it may be fairly easy to keep one's taxable income low enough that one qualifies for ACA subsidies and pays very little for an ACA health insurance plan . For instance, if you sell an investment that has a high cost-basis, you're...
by cacophony
Sun Jan 12, 2020 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Can we retire?
Replies: 120
Views: 11296

Re: Can we retire?

To add to marcopolo's post above, with a significant taxable account, it may be fairly easy to keep one's taxable income low enough that one qualifies for ACA subsidies and pays very little for an ACA health insurance plan. For instance, if you sell an investment that has a high cost-basis, you're ...
by cacophony
Sun Jan 12, 2020 3:37 pm
Forum: Personal Consumer Issues
Topic: Switching from AT&T to Mint Mobile, any drawbacks?
Replies: 42
Views: 4178

Re: Switching from AT&T to Mint Mobile, any drawbacks?

I'd suggest checking out the Red Pocket plans on eBay. Something like the "$20/Mo Red Pocket Prepaid Wireless Phone Plan+Kit: Unlmtd Everything 5GB LTE" plan. One big advantage is that you can pick what network you want to use: AT&T, Verizon, or Sprint I've been using this plan on AT&T for the past ...
by cacophony
Sun Jan 12, 2020 12:30 am
Forum: Personal Consumer Issues
Topic: speakers
Replies: 32
Views: 2896

Re: speakers

I'd suggest checking out Salk Sound as they have a lot of great options between $2-3k.
by cacophony
Sun Dec 15, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: Do you subscribe to Consumer Reports?
Replies: 57
Views: 3998

Re: Do you subscribe to Consumer Reports?

I don't read it. Years ago I bought a Chevy Vega based on their glowing recommendation -- terrible car -- aluminum engine block. There are plenty of reviews from other sources on-line for almost anything you might want to buy. Their review doesn't sound that glowing: "The Chevrolet Vega (and the To...
by cacophony
Sun Dec 15, 2019 3:31 am
Forum: Personal Consumer Issues
Topic: Do you subscribe to Consumer Reports?
Replies: 57
Views: 3998

Re: Do you subscribe to Consumer Reports?

With all the fake & manipulated reviews out there (especially on sites like Amazon), Consumer Reports is just as important as ever. I think the CR is especially valuable for: 1. Data: reliability data, satisfaction data, etc 2. Reviews of simple products: appliances, luggage, treadmills, etc I don't...
by cacophony
Mon Dec 09, 2019 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Individual insurance vs COBRA (and HDHP vs Platinum)
Replies: 8
Views: 542

Re: Individual insurance vs COBRA (and HDHP vs Platinum)

When I quit my job and decided to take extended time off, I compared some options. I ended up just taking COBRA and will keep it for the 18 months (even though I’m in California, the extension to 36 months is optional and my company doesn’t participate). From what I've read most companies are requi...
by cacophony
Tue Aug 27, 2019 2:47 pm
Forum: Personal Consumer Issues
Topic: Used Sports Car
Replies: 50
Views: 3386

Re: Used Sports Car

sk2101 wrote:
Tue Aug 27, 2019 2:17 pm
cashboy wrote:
Tue Aug 27, 2019 1:13 pm
corvette

most have low miles and are well taken care of.
+1 Corvettes are the most reliable sports cars.

(Reliability Score from Long Term Quality Index)
Image

Consumer Reports reliability data paints a very different picture
by cacophony
Sun Aug 18, 2019 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to define "HCOL" (high cost of living) areas?
Replies: 79
Views: 5284

Re: How to define "HCOL" (high cost of living) areas?

According to the cite provided by H-Town, here are the top 20 cost of living areas in the U.S.... 1. Palo Alto, California 2. Mountain View, California ... That list doesn't make much sense as there are plenty of areas with a higher cost of living that are not represented. For example Atherton CA h...
by cacophony
Sun Aug 18, 2019 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: How to define "HCOL" (high cost of living) areas?
Replies: 79
Views: 5284

Re: How to define "HCOL" (high cost of living) areas?

According to the cite provided by H-Town, here are the top 20 cost of living areas in the U.S.... 1. Palo Alto, California 2. Mountain View, California ... That list doesn't make much sense as there are plenty of areas with a higher cost of living that are not represented. For example Atherton CA h...
by cacophony
Wed Aug 07, 2019 4:33 pm
Forum: Personal Consumer Issues
Topic: wifi router, too many options!
Replies: 41
Views: 3303

Re: wifi router, too many options!

Google WiFi seems like a reasonable option if you don't care about customizability and don't mind spending more for something turnkey. But if more control is important (eg VLANS), then I'd recommend getting a Ubiquiti EdgeRouter X and one or more access points (eg Unifi AC Lite). You can get a very ...
by cacophony
Sun Aug 04, 2019 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 136
Views: 12665

Re: Is our spending crazy?

I am saving the same $ on half the income in the VHCOL Silicon Valley. Of course we rent and have no kids, but still. You're saving $141k/year on $235k income? That would mean you're only spending about $3300/month on *all* expenses (rent, food, transportation, utilities, travel, entertainment, etc...
by cacophony
Sun Aug 04, 2019 2:02 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 12830

Re: Insane to buy a sports car?

Name your idea of a sports car under 30K then, and I'll list the many ways those first 2 outperform whatever you pick. (I'm not defending the Miata though) I’ve driven every car on that list. The Miata is the best of the 3 hands down. I don’t care how much faster the others are or how much power th...
by cacophony
Sun Aug 04, 2019 1:44 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 12830

Re: Insane to buy a sports car?

A Honda Civic Si (25K) a VW Golf GTI (25K) a Mazda Miata ((30K) all these are sporty car within 30k budget Those are sporty. Those are NOT sports cars. Name your idea of a sports car under 30K then, and I'll list the many ways those first 2 outperform whatever you pick. (I'm not defending the Miata...
by cacophony
Tue Jul 16, 2019 1:46 am
Forum: Personal Investments
Topic: Confused by allocations for Tax Efficiency
Replies: 20
Views: 1827

Re: Confused by allocations for Tax Efficiency

Here's a potential counterargument to holding bonds in tax deferred (given the current low yields): https://thefinancebuff.com/tax-efficiency-relative-or-absolute.html and there's this too: https://www.whitecoatinvestor.com/asset-location-bonds-go-in-taxable/ If you do choose to hold bonds in taxabl...
by cacophony
Tue Jul 16, 2019 1:40 am
Forum: Personal Investments
Topic: Confused by allocations for Tax Efficiency
Replies: 20
Views: 1827

Re: Confused by allocations for Tax Efficiency

Right. Bonds as much as possible in non-Roth tax-deferred account is the most basic rule of tax-efficient allocation from my point of view. You get the double benefit that the low return on bonds means you pay less in taxes when you withdraw, and the yield is tax-free. Isn't the yield just tax-defe...
by cacophony
Sun Jul 14, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Health Care Options Until Age 65?
Replies: 25
Views: 3279

Re: Health Care Options Until Age 65?

The main way to do it is using an aca plan at healthcare.gov. You might be able to get a subsidy if you can manipulate your income so it is not too high or too low. Another option is the healthcare sharing ministry. Some advocate them as being a cheaper alternative. I am somewhat leary of them myse...
by cacophony
Sat Jul 13, 2019 3:34 pm
Forum: Investing - Theory, News & General
Topic: Tax cost stopping move to indexing
Replies: 80
Views: 5713

Re: Tax cost stopping move to indexing

For many decades, my biggest equity-only fund holding has been VG Health Care. The good news is that its average annual return since inception in 2001 is 10.26% (compared to TSM’s average annual return of 6.82%, inception in 2000). The Vanguard Health Care fund has likely underperformed TSM by quit...
by cacophony
Sat Jul 13, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: Tax cost stopping move to indexing
Replies: 80
Views: 5713

Re: Tax cost stopping move to indexing

For many decades, my biggest equity-only fund holding has been VG Health Care. The good news is that its average annual return since inception in 2001 is 10.26% (compared to TSM’s average annual return of 6.82%, inception in 2000). The Vanguard Health Care fund has likely underperformed TSM by quit...
by cacophony
Thu Jul 11, 2019 3:06 am
Forum: Personal Investments
Topic: Not happy with one FA allocation: PBRIX
Replies: 37
Views: 2333

Re: Not happy with one FA allocation: PBRIX

Yeah, I remember reading about how the ER eats your returns, in one of the Boglehead books. I'm researching the funds and finding ERs of .49, .56. .84, .90 %, etc. Even those expense ratios are excessive. On your $1.2M 401k an average expense ratio of .6% means you're paying $7200 in expenses, ever...
by cacophony
Tue Jul 09, 2019 12:29 pm
Forum: Personal Consumer Issues
Topic: Virgin Mobile has become a joke for NYC service
Replies: 17
Views: 1777

Re: Virgin Mobile has become a joke for NYC service

Just search "red pocket plan" on eBay (don't use the quotes in the actual search). I have a yearly plan that gives this monthly: 5GB LTE (+3GB reduced speed after), "unlimited" calls (actually 7,500 minutes), "unlimited" texts (actually 15,000). I only pay about $16/month because I got it on sale ar...
by cacophony
Sun Jul 07, 2019 1:51 pm
Forum: Personal Investments
Topic: 6M retirement asset allocation and tax advice
Replies: 21
Views: 3747

Re: 6M retirement asset allocation and tax advice

Just my opinion, others will have a more complicated method. Put $3M in Fixed income in tax deferred. Put everything else in a mix of Total Stock or Total World Stock or Total International Stock depending on your preferences. Easy Peasy. ETA: I see you have $2M in tax deferred space. Fill it with ...
by cacophony
Sun Jul 07, 2019 1:02 pm
Forum: Personal Investments
Topic: 6M retirement asset allocation and tax advice
Replies: 21
Views: 3747

Re: 6M retirement asset allocation and tax advice

Just my opinion, others will have a more complicated method. Put $3M in Fixed income in tax deferred. Put everything else in a mix of Total Stock or Total World Stock or Total International Stock depending on your preferences. Easy Peasy. ETA: I see you have $2M in tax deferred space. Fill it with ...
by cacophony
Sat Jul 06, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: FitnessBank 3% savings with 12,500 daily steps - has anyone heard of them?
Replies: 26
Views: 4521

Re: FitnessBank 3% savings with 12,500 daily steps - has anyone heard of them?

AlphaLess wrote:
Sat Jul 06, 2019 9:20 pm
Interesting. How do they track? And what incentive do they have for paying interest for steps?
I'm guessing their incentive is the expectation that people will sign up with big step goals that go unmet.
by cacophony
Sat Jul 06, 2019 9:15 pm
Forum: Personal Investments
Topic: 25 years to retirement, advice on speeding up growth?
Replies: 62
Views: 5884

Re: 25 years to retirement, advice on speeding up growth?

The main lever for risk vs reward is percentage of equities but you're already 100% equities
by cacophony
Sat Jul 06, 2019 8:32 pm
Forum: Personal Investments
Topic: 25 years to retirement, advice on speeding up growth?
Replies: 62
Views: 5884

Re: 25 years to retirement, advice on speeding up growth?

How much do you pay in rent and what are your other big expenses? It's possible to live relatively cheaply in NYC but it requires some flexibility with where you're living.
by cacophony
Thu Jul 04, 2019 2:32 pm
Forum: Personal Investments
Topic: ca muni tax free long or intermediate term?
Replies: 17
Views: 2587

Re: ca muni tax free long or intermediate term?

Cacophony I see you used the current yield instead of say year to date or one year, just wondering why that is? wouldn't using a one or three year total return be more realistic comparison? I believe the current yield is what you're interested in. The historical returns are what it returned in the ...
by cacophony
Thu Jul 04, 2019 12:52 pm
Forum: Personal Investments
Topic: ca muni tax free long or intermediate term?
Replies: 17
Views: 2587

Re: ca muni tax free long or intermediate term?

Here are links to the admiral versions: https://investor.vanguard.com/mutual-funds/profile/overview/vcadx https://investor.vanguard.com/mutual-funds/profile/overview/vclax Intermediate term is only returning 1.65% so I don't believe that makes sense for your tax bracket given that VUSXX (Treasury M...
by cacophony
Thu Jul 04, 2019 12:27 pm
Forum: Personal Investments
Topic: ca muni tax free long or intermediate term?
Replies: 17
Views: 2587

Re: ca muni tax free long or intermediate term?

Here are links to the admiral versions: https://investor.vanguard.com/mutual-funds/profile/overview/vcadx https://investor.vanguard.com/mutual-funds/profile/overview/vclax Intermediate term is only returning 1.65% so I don't believe that makes sense for your tax bracket given that VUSXX (Treasury Mo...
by cacophony
Wed Jul 03, 2019 1:58 am
Forum: Personal Investments
Topic: tax efficient money market funds
Replies: 23
Views: 3659

Re: tax efficient money market funds

Definitely a sophistication is required to some level to perform that level of tax efficiency analysis. Also puzzled why would people recommend funds that are state exempt only for California residents when it makes sense to have at least the federal exemption given the 24% tax bracket vs state 9.4...