Search found 1148 matches

by cinghiale
Fri Dec 14, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 155
Views: 9785

Re: Favorite Purchase of 2018?

The cruise of a lifetime. It isn’t happening until 2020, but we locked it in this year. And are slowly, slowly, whittling away at the payment for it. A total of 49 days along the west coast of Central and South America, around Cape Horn, and finishing in Rio de Janiero. “This is gold, Jerry. Gold!”
by cinghiale
Mon Dec 03, 2018 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 127
Views: 11985

Re: Retirement itch- when did you get it?

A sabbatical year provided a nice “test drive” of retirement, and tipped the first domino toward wanting to retire. I was 49. It took just over ten years to feel good about our savings-to-spending equation, lock in health benefits through the state system, and be emotionally-mentally-socially ready ...
by cinghiale
Fri Nov 30, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3453

Re: Marriott Starwood Security breach - 500 million guests

A checklist of things to do if you suspect that your personal data and information were implicated:

https://www.cnbc.com/2018/11/30/how-to- ... um=twitter
by cinghiale
Fri Nov 30, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Marriott Starwood Security breach - 500 million guests
Replies: 26
Views: 3453

Re: Marriott Starwood Security breach - 500 million guests

Thank you very much for posting this. I was able to follow the link and get enrolled in the proffered protection service. Given the incremental way in which affected customers will be notified, your timely post may have allowed me to get out in front of potentially millions of applicants. Again, big...
by cinghiale
Tue Nov 27, 2018 12:11 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Greatest Hits
Replies: 27
Views: 3660

Re: Bogleheads Greatest Hits

If by “greatest hit” we mean the most important insight, the most telling “Ah Hah!” moment that has been communicated here on the forum, I would nominate Mr. Bogle’s profound insight that reading, study, and knowledge does not, and cannot, lead to expertise in the realms of economics and investments...
by cinghiale
Mon Nov 26, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Good newsletters for speculative investments?
Replies: 14
Views: 919

Re: Good newsletters for speculative investments?

If you get the itch, look at the Stock Gumshoe website before scratching it. www.stockgumshoe.com . There’s something sobering about reading the litany of “top secret stocks” and “the next Berkshire Hathaway” pitches from the countless gurus and groups who want to make a living off your fear, greed,...
by cinghiale
Mon Nov 26, 2018 7:15 am
Forum: Personal Consumer Issues
Topic: IHG Points
Replies: 8
Views: 925

Re: IHG Points

I forgot to mention something concerning the kinds of “premium,” “elite,” “platinum,” and “premier elite” cards that the US banks seem to dispense like Pez candies these days. These cards are particularly useful in European hotels. European credit card vendors usually do not make points offers to ne...
by cinghiale
Sun Nov 25, 2018 5:19 am
Forum: Personal Consumer Issues
Topic: IHG Points
Replies: 8
Views: 925

Re: IHG Points

Good going, JBTX . That was a goodly bunch of points in play. And you persisted, which often is the only way to find a decision-maker who will see your side of the appeal. I just signed up for the new IHG Premier card, which awards 80,000 points after spending $2000.00 over the first three months. T...
by cinghiale
Sat Nov 24, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: What’s your “barometer” for luxury purchases?
Replies: 72
Views: 5494

Re: What’s your “barometer” for luxury purchases?

midareff wrote, At 71 (next month) doing the things I want to do and seeing parts of the world I want to see while I can is my top priority... This is key. An important aspect of “delayed consumption” (economics) and/or “delayed gratification” (psychology) is that at some point one intends to consu...
by cinghiale
Sat Nov 24, 2018 3:01 am
Forum: Personal Consumer Issues
Topic: What’s your “barometer” for luxury purchases?
Replies: 72
Views: 5494

Re: What’s your “barometer” for luxury purchases?

The sample list above is a list of tangible items. Perhaps the OP wants to keep the discussion focused on things one buys and then uses on an ongoing basis. However, there are luxury choices within consumabales as well, and past threads have discussed the “buying experiences instead of things” disti...
by cinghiale
Fri Nov 23, 2018 3:28 am
Forum: Personal Finance (Not Investing)
Topic: What financial information do you share with your family and relatives?
Replies: 112
Views: 9722

Re: What financial information do you share with your family and relatives?

The OP did not include questions about net worth. That, to me, is a total no-go zone. An immediate family member asked me that years ago, I told him, and the relationship was never quite the same after. Salary? Meh. Maybe so, maybe no. My salary was readily available online (if one knew where to loo...
by cinghiale
Mon Nov 19, 2018 1:40 am
Forum: Investing - Theory, News & General
Topic: Where do you get your information? Favorite blogs/sites/resources?
Replies: 25
Views: 2615

Re: Where do you get your information? Favorite blogs/sites/resources?

WanderingDoc wrote, “I have religiously listened to ~120 of Sam Harris' podcasts from Day 1. Then I realized he is not as impartial and clear-headed as I thought. He leans heavily one way politically and it has really shown in the last few months. Also, I find a multi-millionaire begging for donati...
by cinghiale
Mon Nov 19, 2018 1:21 am
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8260

Re: Current Retirees: Do you touch your principal?

For the first two years of retirement, a technical, mathematical answer was “no,” as portfolio appreciation outdistanced the withdrawal rate. But this year? Looks like portfolio returns will be flat to slightly negative. Therefore, principal will come into play. This perspective can be easily critic...
by cinghiale
Sun Nov 18, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Where do you get your information? Favorite blogs/sites/resources?
Replies: 25
Views: 2615

Re: Where do you get your information? Favorite blogs/sites/resources?

Too much worthwhile reading out there, too little time. I’m immensely grateful for the Bogleheads page, as I use it to filter what’s out there in terms of economic and investment insights. Sometimes I’ll follow a recommended link back to a primary source, but usually I’m happy with the distillation ...
by cinghiale
Sat Nov 17, 2018 3:35 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 7 Investing Rules
Replies: 14
Views: 2463

Re: Larry Swedroe: 7 Investing Rules

Very good review of the key points. I particularly like #6, touching on loss aversion and our tendency to feed into it when we check our portfolio performance too frequently.

But... where is the 7th investing rule? The article goes from Rule #6 to the Summary. Did I miss something?
by cinghiale
Fri Nov 16, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: One food I could never give up
Replies: 33
Views: 1815

Re: One food I could never give up

Olives. And the fresh oil pressed from them.

I live in olive heaven. More than 200 varieties of olives and olive oil where I live. Each week in the central market is another adventure.
by cinghiale
Fri Nov 16, 2018 3:54 am
Forum: Investing - Help with Personal Investments
Topic: Muscular Portfolios Questions
Replies: 16
Views: 2056

Re: Muscular Portfolios Questions

This is a sidebar to the OP’s main questions, but I’m left wondering about this kind of strategy. It appears to be the opposite of the old “Dogs of the Dow” system, where you buy the five highest yielding Dow stocks at a set point each year. High dividends in this case indicate value, and perhaps re...
by cinghiale
Wed Nov 14, 2018 3:49 am
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 40
Views: 3394

Re: rule of thumb for using HSA funds?

Not sure this answers TropikThunder’s question, but I’m under the impression that you can accumulate medical, dental, pharmacy receipts for an unlimited number of years and then do a large, one-time reimbursement. The main thing is to have the receipts on hand in case of an audit. And, of course, yo...
by cinghiale
Tue Nov 06, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10744

Re: This man can predict when bubbles burst: time to time the market?

steve321 wrote, Unlike many people who appear in the media with this kind of claims and who are clearly frauds, Sornette is a Professor at ETH in Zurich, which is one of the top universities in Europe (at least I hope so as I am spending a fortune on my daughter's education at ETH, though not under...
by cinghiale
Tue Oct 30, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 119
Views: 19520

Re: New retirees: so whatdayathink ?

2015 wrote, I am in paradise. It doesn't get any better than this. Really. Sign me on for this. OK, this is an odd coincidence. Upthread, member 2015 wrote something (on April 21) that I responded to the following day. Here I go quoting 2015 again. These first three years of retirement have witness...
by cinghiale
Tue Oct 30, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating ROI for PhD
Replies: 86
Views: 4863

Re: Calculating ROI for PhD

Very good responses so far. My bit... if you don’t have some passion for the deeper dive into your discipline, skip it. You are right around the same I age I was when I grappled with the same decision. Stepped off the employment track, began graduate studies at age 35, and got the PhD at age 40. I l...
by cinghiale
Fri Oct 26, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 4865

Re: What Memberships/Subscriptions Are Most Valuable To You?

Not the only one, but because it hasn’t been mentioned yet: Chase Sapphire Reserve credit card. If you can absorb the initial $450.00 annual fee, you then get credit for $300.00 of travel each year. (Card now costs only $150.00 per year.) Plus, it includes a Priority Pass membership. If you are a fr...
by cinghiale
Fri Oct 26, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8239

Re: What's everyone currently in?

I suspect the question includes/implies something like, “What’s everyone currently in given the long-term uptrend of the stock market and the current breathtaking nosedives of the same?” Our asset allocation incorporates a variation of Bill Bernstein’s “Liability Matching Portfolio.” At present, tha...
by cinghiale
Wed Oct 24, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: What keeps you up at night?
Replies: 56
Views: 6151

Re: Retirees: What keeps you up at night?

Silk McCue wrote, I regret that folks choose to bring up such discussions knowing that those that disagree really can't respond. It doesn't do anything to add to the conversation at hand and is self serving. A little overreaction? This thread was not titled “What are your hardcore convictions?” The...
by cinghiale
Wed Oct 24, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Retirees: What keeps you up at night?
Replies: 56
Views: 6151

Re: Retirees: What keeps you up at night?

David Jay wrote, And I remember the discussions about the coming Ice Age when I was in college in the 1970s. Winter '76 was really ugly, walking to class from off-campus housing. Well, maybe. We must be careful with any kind of estimate based on computer modeling. I’ve read and enjoyed Matt Ridley’...
by cinghiale
Wed Oct 24, 2018 9:35 am
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12375

Re: 'Smart money' bailing on the market, time to get out?

I’m left wondering if “Smart Money” is able to spell Warren Buffett’s name correctly.

If I had a dollar for every time I see his name spelled like a food spread at a restaurant...
by cinghiale
Sun Oct 14, 2018 5:11 am
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 6127

Re: Neighbor discussing finances with me

I really like arcticpineapplecorp’s advice upthread. It’s a way to be involved without being intrusive . No matter how you cut it, offering unsolicited advice is an intrusive act. And a high-risk one. Asking questions and having the patience and discipline to not fill in the uncomfortable silences d...
by cinghiale
Thu Oct 11, 2018 4:42 am
Forum: Investing - Help with Personal Investments
Topic: Which market should I go for, to profit most from the correction?
Replies: 35
Views: 3138

Re: Which market should I go for, to profit most from the correction?

steve321 wrote:
If a boar market comes (sorry, I mean bear market - got confused by your avatar :D )
:D

Great reply, and Oh-Sho humorous.
by cinghiale
Thu Oct 11, 2018 2:51 am
Forum: Investing - Help with Personal Investments
Topic: Which market should I go for, to profit most from the correction?
Replies: 35
Views: 3138

Re: Which market should I go for, to profit most from the correction?

The OP is itching to do something. He’s not replying to the specifics of the responses so far; he’s just adding on more reasons to “take advantage” of the recent swoon. Please, somebody, just tell him to go right ahead...
by cinghiale
Wed Oct 03, 2018 5:22 am
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 155
Views: 16794

Re: Your Favorite [Travel Destination] on Earth: Where and Why?

OP here... I’m always surprised and pleased when some ancient thread— from 2012 in this case— is not only revived but continued with fresh and insightful responses. This I particularly like from member xb7 : A couple of replies have alluded to something important to me: it's not just where you go, ...
by cinghiale
Sun Aug 12, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Don’t Go “Mad Money”
Replies: 22
Views: 3464

Re: Larry Swedroe:Don’t Go “Mad Money”

hicabob quoted,
Cramer himself provides a fitting conclusion: In a 2007 issue of New York magazine, he stated: “God knows why, but there seems to be a market for this kind of idiocy.”
Oh, this is perfect. This is splendidly candid and revealing.
by cinghiale
Fri Jul 13, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: How much does your accountant cost?
Replies: 21
Views: 2253

Re: How much does your accountant cost?

Way... Too... Much. But I square the cognitive dissonance (expenses matter vs. I’m paying this guy right close to $1000.00) with the following “dissonance reduction mechanisms:” — I know that a complicated return has been done correctly. — I’m benefiting from a 20-year relationship with an expert in...
by cinghiale
Fri Jul 13, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 307
Views: 53970

Re: That Extravagant Thing You Do

Victoria and ResearchMed asked for thermal spa details... Here goes: http://www.gardenterme.it/en/ . You can adjust the language preference on the top right. Agree, Victoria , that there are some grand old spas in Eastern Europe. I note your past posting on taking the thermal waters, and still have...
by cinghiale
Thu Jul 12, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 307
Views: 53970

Re: That Extravagant Thing You Do

Wow. The revival of an almost 10 year-old thread, courtesy of some thread melds by the moderators. Since the original posting, I have added thermal baths to the mix. Thermal waters are far more prevalent in Europe than in the US, so affordable choices abound. But, there is an extravagant version. We...
by cinghiale
Thu Jul 12, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Is expensive olive oil worth it?
Replies: 63
Views: 6814

Re: Is expensive olive oil worth it?

A vote for “yes,” though my perspective is heavily influenced by living in an olive oil producing Mecca. There are somewhere around 270 different varieties of olive oil in Spain. We have sampled but a few, and that sampling has allowed us to home in on the region and type we prefer. These are low-vo...
by cinghiale
Fri Jul 06, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: 10 years to lose wealth applicable to bogleheads ?
Replies: 32
Views: 4021

Re: 10 years to lose wealth applicable to bogleheads ?

Victoria wrote, I'll add the third category: the passive income in retirement. In summary, there are three distinct measures of how much money one has: 1. Employment income during working years. 2. Total wealth. 3. Passive retirement income generated by Social Security, private pensions, purchased ...
by cinghiale
Fri Jul 06, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: 10 years to lose wealth applicable to bogleheads ?
Replies: 32
Views: 4021

Re: 10 years to lose wealth applicable to bogleheads ?

“It’s not what you make. It’s what you keep.” As bottlecap already observed, things get muddled when income and wealth are used interchangably. I would bet that there are many, many forum members who never got close to the 1% income level during any year of employment, but who find themselves in a v...
by cinghiale
Fri Jul 06, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 16472

Re: Retirement Destination - are you happy with your choice?

KnowNth asked, What about Health Insurance? Do you purchase private insurance in Spain? Does that cover your traveling back to the states for visits? cinghiale wrote: ↑Wed Jul 04, 2018 2:20 pm Spain, on the Costa Blanca. There certainly are places along the Mediterranean coast, France included, tha...
by cinghiale
Wed Jul 04, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 16472

Re: Retirement Destination - are you happy with your choice?

TravelforFun asked, Which southern European destination were you referring to? I love the south of France but may be it's not southern enough? Spain, on the Costa Blanca. There certainly are places along the Mediterranean coast, France included, that would feature all, or most, of the factors I men...
by cinghiale
Wed Jul 04, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: Two WSJ articles on comparing index and actively managed endowments
Replies: 13
Views: 2369

Re: Two WSJ articles on comparing index and actively managed endowments

The second excerpt concluded,
Instead, it achieved its stellar returns by investing 70% of its money with stock pickers and sticking with them.
A little help here? How, exactly, do 6.1% returns qualify as “stellar?”
by cinghiale
Wed Jul 04, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 29
Views: 3511

Re: Hearing aids

Not wanting to sidetrack the thread, but has anyone heard any updates about the law passed last year to allow hearing aids to be sold over the counter (OTC Hearing Aid Act)?
by cinghiale
Wed Jul 04, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 16472

Re: Retirement Destination - are you happy with your choice?

I suppose Meme , the OP, was referring to US destinations. Here’s a vote for across the pond. It’s not for everybody (I do believe past threads have borne that out!), but we are very happy with our Southern European retirement destination. Pointing to what a number of respondents have already emphas...
by cinghiale
Sun Jun 24, 2018 1:36 am
Forum: Investing - Theory, News & General
Topic: Howard Marks Letter - Investing without people
Replies: 1
Views: 598

Re: Howard Marks Letter - Investing without people

Thank you packer16 for posting this. Marks writes a thoughtful letter, and past threads have highlighted the quality and salience of it. Of particular interest to those who frequent this forum (and who have a significant commitment to passive investing) is Marks’ questioning whether there may be a p...
by cinghiale
Mon Jun 18, 2018 5:33 am
Forum: Investing - Theory, News & General
Topic: Our interview with Taylor Larimore
Replies: 17
Views: 4200

Re: Our interview with Taylor Larimore

What strikes me about this interview is the timeline. Note that Taylor had 35 years of investing (1951-1986) under his belt before “seeing the light” and shifting his assets to Vanguard. And then it took more years before his market timing strategies failed to produce and his reading of Bogle on Mut...
by cinghiale
Sun Jun 17, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 34
Views: 3376

Re: How do you read books?

If you are asking about the dynamics of reading, may I suggest this short, fun, and informative book? https://www.amazon.com/Little-Guide-Your-Well-Read-Life/dp/1929154178/ref=sr_1_1?s=books&ie=UTF8&qid=1529246339&sr=1-1&keywords=Steve+leveen Steve Leveen discusses previewing a book, the joys of sid...
by cinghiale
Sun Jun 17, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Beginner's first stock suggested purchase
Replies: 5
Views: 378

Re: Beginner's first stock suggested purchase

If you have taken some time to read topics and threads in this forum, may I politely ask why you posed such a question? If you haven’t taken the time to rummage around and read a few dozen threads relating to investment theory here, may I suggest that you do? Then you may have some better perspectiv...
by cinghiale
Fri May 11, 2018 7:21 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Real Estate
Replies: 67
Views: 4945

Re: TIAA Real Estate

folkher0 wrote, Stocks or bonds go up and down, TIAA real estate just chugs along slowly. Like a steamroller. I’d be careful with this claim. Look at the 10 year chart. Look at late 2008 and 2009. The fund has done very nicely since, but took a significant hit during that period right alongside sto...
by cinghiale
Thu May 03, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: Navigating the dark side of capitalism
Replies: 19
Views: 1711

Re: Navigating the dark side of capitalism

BogleMelon wrote, Only one way to do so: don't buy their product/service I would add something to this. You can also become vocal and active in opposing a company and a particular product made by a company. I have no interest in getting this thread locked, so I’ll refrain from naming a particular c...
by cinghiale
Thu May 03, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 72
Views: 10197

Re: Starting to smell like buying season?

I’m currently re-reading Larry Swedroe’s Investment Mistakes Even Smart Investors Make . It’s early in the review... only up to Mistake #19 (out of 77 total). Maybe someone with a better recollection of this book can provide a reminder. I know this falls in to “mistake” territory, but can’t figure o...
by cinghiale
Thu Apr 26, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: White Coat Investor Interviews Paul Merriman
Replies: 37
Views: 7345

Re: White Coat Investor Interviews Paul Merriman

Please specify. “A certain undercurrent.” If you mean that “the best we can come up with” is sometimes treated as chiseled-in-stone revealed truth, I’ll agree with you. But the main current I get here is the joy and relief of escaping high fees, crappy funds, chaotic portfolios, and semi-competent f...