Search found 2703 matches

by Nowizard
Tue May 26, 2020 10:01 pm
Forum: Personal Investments
Topic: Swedroe’s Bond Advice - no total bond index
Replies: 16
Views: 1928

Re: Swedroe’s Bond Advice - no total bond index

Larry is very technical in his analysis and a favorite of many on this site. However, he is one of numerous experts who are worthy of respect, just not the favorite of all. The fact that there is considerable variability among acknowledged experts is a statement about the complexity of investing, no...
by Nowizard
Tue May 26, 2020 9:53 pm
Forum: Personal Consumer Issues
Topic: The "Best of" for Aldi?
Replies: 16
Views: 1390

Re: The "Best of" for Aldi?

A very discerning friend and foodie believes strongly in their produce, and another comments positively on the price and quality of their Avocadoes.

Tim
by Nowizard
Tue May 26, 2020 9:51 pm
Forum: Personal Consumer Issues
Topic: Should I pay $1,600 for this lawn care fix?
Replies: 45
Views: 4474

Re: Should I pay $1,600 for this lawn care fix?

Wifrobinete: Please elaborate on your comment that tilling is bad. It is a significant part of preparing the soil to accept sod or seed.

Tim
by Nowizard
Tue May 26, 2020 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for undertaking a PhD
Replies: 47
Views: 2818

Re: Financial advice for undertaking a PhD

Being out or partially out of the job market for five years would definitely impact finances. A key to recouping some of the loss depends on the area of study. If a STEM area, then a better chance than if in a liberal arts area such as English or history. I would advise most to seek a Ph.D. at an ea...
by Nowizard
Tue May 26, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: Painting the house//estimates and experiences
Replies: 20
Views: 1346

Re: Painting the house//estimates and experiences

We have had a fabulous experience in the past two years with this very issue. When selling our house, we needed to have some painting completed, basically the entire first floor to a neutral color. Our Realtor recommended two men this large firm regularly uses since this is a common need when sellin...
by Nowizard
Tue May 26, 2020 8:11 am
Forum: Personal Investments
Topic: [Is an Investment Policy Statement needed? How do I write one?]
Replies: 19
Views: 505

Re: POLL: Do you have a written investment plan?

Not in a literal sense but definitely an ongoing awareness of stock/bond ratios, investment goals in retirement, whether to invest more aggressively in my retirement account or my spouses, general idea of expenses, etc. This is consistently reviewed by another "No, no," that being looking multiple t...
by Nowizard
Mon May 25, 2020 9:15 pm
Forum: Personal Consumer Issues
Topic: New Vehicle: Forester or Rav4 for boglehead couple
Replies: 61
Views: 3066

Re: New Vehicle: Forester or Rav4 for boglehead couple

I have posted in a similar thread and am not particularly downgrading the Forester, but it is not for me. Great visibility, good technology that is not user friendly, noisy from standing start, rather cheap appearance inside compared to RAV. Good gas mileage. Main issues for me are the noise, techno...
by Nowizard
Mon May 25, 2020 9:04 am
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 120
Views: 9114

Re: Pandemic buys that have improved quality of life?

Yard landscape additions. Also, we got HBO for awhile but have canceled it now.

Tim
by Nowizard
Mon May 25, 2020 9:03 am
Forum: Investing - Theory, News & General
Topic: "The stocks are up but the economy's down"--good "Indicator" podcast episode
Replies: 14
Views: 2087

Re: "The stocks are up but the economy's down"--good "Indicator" podcast episode

Another dog analogy: Two dogs fighting, but not particularly seriously, one named "Economy," the other "Market." An observer asks, "How can I tell who will be the winning dog?" Another observer responds, "The winning dog will be the one that gets fed the most." The dog named "Market" wins this fight...
by Nowizard
Mon May 25, 2020 8:57 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5434
Views: 1349607

Re: What Movie Have You Recently Watched?

Watched Dirty Rotten Scoundrels. An older movie but very entertaining. Free on most cable "On demand" platforms.

Tim
by Nowizard
Sun May 24, 2020 11:05 am
Forum: Investing - Theory, News & General
Topic: Why did you change your investing approach?
Replies: 33
Views: 1699

Re: Why did you change your investing approach?

Early on due to impulse, later chasing performance, diversification after excessive risk was rewarded by luck, becoming more conservative with ratios as portfolio size increased, and moving from accumulation to preservation states. In short, there are different stages of investing for each of us, an...
by Nowizard
Sun May 24, 2020 11:01 am
Forum: Personal Investments
Topic: Please help with a strategy
Replies: 5
Views: 326

Re: Please help with a strategy

Please look at the Wiki on posting portfolios for response, and I am sure you will get multiple responses. Otherwise, the first response will be something like " No recommendations can be made without more information."

Tim
by Nowizard
Sun May 24, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: investment performance is not cut & dry
Replies: 2
Views: 254

Re: investment performance is not cut & dry

Definitely true, and it is the reason there are so many differing approaches ranging from logical to outright fraudulent in efforts to arrive at predictable outcomes. It is also a reason there are approaches that are statistically valid that are still not appropriate for a given individual at differ...
by Nowizard
Sat May 23, 2020 8:37 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 86
Views: 4223

Re: Tips to stick to a weight loss diet?

Personally, I believe that the focus on heavy exercise and calorie counting make what is a "simple" set of facts so daunting that people give up. As with most difficult behaviors or addictions, most of us know what we need to do, want to do it, have "stopped" several times but continue to struggle w...
by Nowizard
Fri May 22, 2020 4:47 pm
Forum: Personal Consumer Issues
Topic: Should I pay $1,600 for this lawn care fix?
Replies: 45
Views: 4474

Re: Should I pay $1,600 for this lawn care fix?

Having just received an estimate for similar work, your price sounds inexpensive. The one issue is the seeding. In our area sod would be used, and it can take a long time for grass to grow and include a sizeable time investment if you do not have an irrigation system. Aeration is not as complete a j...
by Nowizard
Fri May 22, 2020 1:05 pm
Forum: Personal Investments
Topic: Should We Our Shorten Bond Duration?
Replies: 43
Views: 2534

Re: Should We Our Shorten Bond Duration?

If accepting the concept that CD's are preferable to STB funds for the reasons stated, how would that be accomplished if the funds are in retirement accounts?

Tim
by Nowizard
Fri May 22, 2020 8:25 am
Forum: Personal Investments
Topic: I freaked out…now what?
Replies: 60
Views: 6071

Re: I freaked out…now what?

One way to look at it is that you were considering changing your allocations and did so, but over-corrected. Evaluate what would be a strong portfolio going forward, using the excellent wisdom of posters on this site. Then act. Also, you may have reduced losses if what you sold was in taxable accoun...
by Nowizard
Fri May 22, 2020 8:15 am
Forum: Personal Investments
Topic: Chasing Individual Stocks
Replies: 45
Views: 2357

Re: Chasing Individual Stocks

Some of us generally believe in the Efficient Market concept but with occasional caveats. There are always some stocks that are not efficiently priced based on analysis. They are called value stocks by most but are not necessarily in that category. For example, during this market, Amazon has hit an ...
by Nowizard
Fri May 22, 2020 8:03 am
Forum: Investing - Theory, News & General
Topic: Who's right about the future? Stock or Bond market?
Replies: 50
Views: 4434

Re: Who's right about the future? Stock or Bond market?

Two issues: 1. The stock market and economy are not the same; 2. The federal government has a strong tendency to financially support corporations more than individuals during financial crises. In the current case for example, corporations are obtaining assistance prior to even reporting financial se...
by Nowizard
Fri May 22, 2020 7:56 am
Forum: Investing - Theory, News & General
Topic: Updating Outside Investments on Web Site [Vanguard]
Replies: 25
Views: 1438

Re: Updating Outside Investments on Web Site [Vanguard]

A company with what I believe is more than a trillion dollars invested and millions (?) of investors, each with detailed preferences and concerns regarding their portfolios which may vary from about a thousand dollars to many millions will have numerous issues at the individual level. Vanguard is no...
by Nowizard
Thu May 21, 2020 8:19 am
Forum: Personal Investments
Topic: Diehards advice on missing the dip
Replies: 20
Views: 3261

Re: Diehards advice on missing the dip

Two things: 1. Many feel we will retest the prior lows, so you may not have missed anything. However, anyone looking to buy on the dip may or may not be correct with their prediction. Some, for example, want to buy on the dip but are waiting for what they feel will be the "Big dip;" 2. The market is...
by Nowizard
Thu May 21, 2020 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Appointment of Executor
Replies: 13
Views: 629

Re: Appointment of Executor

I did not see the earlier thread, but if the deceased had very limited assets, there may be no probate required.
Tim
by Nowizard
Wed May 20, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: Do you give mechanics 2nd (3rd) chances?
Replies: 22
Views: 1610

Re: Do you give mechanics 2nd (3rd) chances?

A new mechanic is cheaper than a new car.

Tim
by Nowizard
Wed May 20, 2020 8:14 am
Forum: Personal Consumer Issues
Topic: Some possible luxury SUV choices to buy: Opinions?
Replies: 188
Views: 13918

Re: Some possible luxury SUV choices to buy: Opinions?

I'm waiting for the new Genesis SUV to appear this summer.

Tim
by Nowizard
Mon May 18, 2020 4:04 pm
Forum: Personal Consumer Issues
Topic: Help: Any Problems or Pitfalls or Advice When it Comes to Getting Hearing Aids? What? What?
Replies: 43
Views: 1509

Re: Help: Any Problems or Pitfalls or Advice When it Comes to Getting Hearing Aids? What? What?

First, hearing aids are often recommended as part of treatment for tinnitus, so they should theoretically improve that rather than interfered with it. Second, hearing aids have traditionally had huge mark-ups like many other medical devices or pharmaceuticals. If your difficulty is primarily a noise...
by Nowizard
Mon May 18, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4285

Re: I work remote: Is buying a home away from a major city a major risk?

This is an interesting topic since there are probabilities that the current crisis will lead to changes, more working from home among the most likely possibilities since doing so enhances the bottom line of corporations in terms of real estate expenses, among others, if productivity is maintained. T...
by Nowizard
Mon May 18, 2020 8:29 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5641
Views: 483029

Re: U.S. stocks continue to soar!

There are a number of explanations put forth when the market goes up or down, but I believe that there are two things happening: 1. The market going up reflects what a difference there is between the stock market and the economy; 2. Though there are the issues of which we are aware about those who a...
by Nowizard
Sat May 16, 2020 12:45 pm
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 140
Views: 16545

Re: Still using total bond market?

There seems to be as much difference of opinion about bond investing and how to currently invest in bonds, if at all, as there is about any investing topic. Some seem to be advocating switching due to current conditions, others staying the course, others holding what they have in TB but not investin...
by Nowizard
Sat May 16, 2020 8:07 am
Forum: Personal Finance (Not Investing)
Topic: [any downside to telling your parents your income?]
Replies: 32
Views: 2459

Re: [any downside to telling your parents your income?]

It seems like it depends on the relationships and degree of transparency about personal issues that exists in your family. We have been open with our children about our assets, they are open about encouraging us to spend them. There are concerns about being financially responsible for family on both...
by Nowizard
Fri May 15, 2020 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Subaru 0% financing
Replies: 35
Views: 2871

Re: Subaru 0% financing

Uppernewguy: I had thought the Forester might be my final vehicle, being 78 years old, since they are so reliable. However, due to the other things mentioned and the ability to do so, I am going to switch to another one since we are fortunately in a position where we can focus on wants more than nee...
by Nowizard
Fri May 15, 2020 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12052

Re: Selling home - low ball negotiation

Make your best offer and include any limitations to inspection repairs you consider reasonable. Alternatively, in our area, many have a handyman inspect and make repairs before listing. Common things are stuck windows, doors that do not close completely, drywall cracks and plumbing/electrical/roofin...
by Nowizard
Thu May 14, 2020 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Subaru 0% financing
Replies: 35
Views: 2871

Re: Subaru 0% financing

I bought one about six months ago, a Forester, based on the common reports about reliability and safety features. Consumer Reports rates them very high for features, reliability and resale. The experience is that the reliability seems accurate. Engine is noisy at low speeds, and the interior is inex...
by Nowizard
Thu May 14, 2020 8:04 am
Forum: Personal Consumer Issues
Topic: Dental estimate for a gold crown
Replies: 28
Views: 1968

Re: Dental estimate for a gold crown

The cost is something others will weigh in on, but here is a comment about gold vs. other crowns. I had a number of early childhood dental issues and had all replaced, including several inlays with gold. That was at a local dental college by a friend who was in his last year. That was 1971, and ther...
by Nowizard
Wed May 13, 2020 6:02 pm
Forum: Personal Consumer Issues
Topic: What Blood Pressure monitor?
Replies: 13
Views: 817

Re: What Blood Pressure monitor?

My doc says Omron, not the wrist model but the one that has a cuff similar to the one typically found in the doc's office. Costs about $50, and I take it in annually to compare readings to the office measurements.

Tim
by Nowizard
Wed May 13, 2020 5:58 pm
Forum: Personal Consumer Issues
Topic: Peloton Treadmill: Anyone here own one..,,
Replies: 59
Views: 4693

Re: Peloton Treadmill: Anyone here own one..,,

The monthly fee for the videos is significant.

Tim
by Nowizard
Wed May 13, 2020 5:57 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10764

Re: Dentist charges $10 for PPE

My dental hygienist has worn a mask and face shield for a long time, starting with the HIV crisis. Haven't been in since they cancelled appointments of routine nature but cannot imagine a charge for additional PPE.

Tim
by Nowizard
Wed May 13, 2020 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Not paying auto insurance rather than cancelling
Replies: 32
Views: 2224

Re: Not paying auto insurance rather than cancelling

Who are you calling to cancel? I can't imagine having to hold for more than a few seconds, generally not at all, when calling our agent. If calling the national office, that might be a different matter. If an agent, that would be reason enough to switch. An option would be to call after hours to you...
by Nowizard
Tue May 12, 2020 6:24 pm
Forum: Personal Investments
Topic: How to adjust for inflation in retirement planning?
Replies: 19
Views: 1102

Re: How to adjust for inflation in retirement planning?

Our approach is pragmatic and not particularly analytical but simple. Our goal is to maintain principal after annual expenses which in a sense could be considered to be saving for our heirs. Additionally, we look at our overall portfolio percentiles compared to the average benchmarks related to all ...
by Nowizard
Tue May 12, 2020 8:42 am
Forum: Personal Finance (Not Investing)
Topic: how much to charge for two large dogs at rental
Replies: 41
Views: 2525

Re: how much to charge for two large dogs at rental

We rent a condo, and the owner charges variably based on her assessment of the situation, the size and number of dogs, etc. We did not have a dog at first and recently got one. Due to having rented for a year and taking very good care of the condo, keeping the owner very informed, changing filters r...
by Nowizard
Tue May 12, 2020 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6489

Re: Broke mother-in-law retiring due to COVID-19

This is quite a dilemma and contrast/conflict between the psychological (Love/care for another) and the concrete issues that have relatively known but challenging "solutions." Based on history, this has unfortunately not been her problem but one for others who have tried for years to support her and...
by Nowizard
Mon May 11, 2020 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Deciding on refinance, confused about closing costs
Replies: 9
Views: 975

Re: Deciding on refinance, confused about closing costs

Re-fi is not as simple as often presented. For example, check another recent posting basically entitled is it too early to re-fi for 2.5%. Your costs as posted look typical for most cases in terms of the individual charges even though the amounts might vary by locality. Pre-payment of insurance and ...
by Nowizard
Fri May 08, 2020 11:12 am
Forum: Personal Consumer Issues
Topic: Need advice for finding a specialist doctor appointment quickly
Replies: 24
Views: 2035

Re: Need advice for finding a specialist doctor appointment quickly

Jayk238: +1. I second that possibility. Psychologists also have relationships with psychiatrists and would be able to get earlier appointments in many cases if required.


Tim
by Nowizard
Fri May 08, 2020 10:56 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 448
Views: 57103

Re: What lifestyle creep made you happier?

Bigger house.

Tim
by Nowizard
Fri May 08, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: First 20% of bonds in long-term Treasuries
Replies: 807
Views: 51646

Re: First 20% of bonds in long-term Treasuries

As another one attempting to optimize bond allocations in our portfolio based on our circumstances that take into account the technical discussions here, it seems that there are several interactions occurring. One is technical analysis that still comes up with typical conclusions that when it is all...
by Nowizard
Thu May 07, 2020 2:11 pm
Forum: Investing - Theory, News & General
Topic: A bond rule of thumb better than "age in bonds"
Replies: 152
Views: 10365

Re: A bond rule of thumb better than "age in bonds"

Far too many variables to have a formula except for those who are attracted to them. Individual circumstances are crucial. As one example, if someone has an inflation indexed pension and SS that meets, say, 80% of annual expenses of $120,000, vs. someone who has SS that meets 30% of the same expense...
by Nowizard
Thu May 07, 2020 2:03 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5088

Re: Where do you back up your important data?

Hard copies. Just as easy and will be easily accessible for spouse or children when I become incapacitated or die. Don't have to remember passwords or fool with technology and/or the Cloud.

Tim
by Nowizard
Thu May 07, 2020 8:29 am
Forum: Investing - Theory, News & General
Topic: Theory vs. Practice, Redux
Replies: 4
Views: 213

Re: Theory vs. Practice, Redux

I may be dense but don't understand the question. Lifestyle funds are made from combining other funds, so choosing a few funds individually creates a fund fitting the lifestyle of the chooser. That approach also allows one to choose what to sell in an emergency or other situation where funds are nee...
by Nowizard
Wed May 06, 2020 6:22 pm
Forum: Personal Investments
Topic: Bond Evaluation
Replies: 2
Views: 168

Re: Bond Evaluation

You may be quite a bit younger than I, but the way we determine allocations is to assume we have a single portfolio. I am five + years older than my spouse, both retired, so my retirement accounts hold more bonds than hers. Assumption is that she has a longer investing horizon and can be more aggres...
by Nowizard
Wed May 06, 2020 6:18 pm
Forum: Investing - Theory, News & General
Topic: Why doesn’t BRK just buy SP500 index fund?
Replies: 37
Views: 3478

Re: Why doesn’t BRK just buy SP500 index fund?

One reason is that Buffett buys significant stakes in companies and that results in benefits such as placing people of his choice or approval on Boards. Buffett is not only an investor but often has influence with the business model of companies in which he invests.

Tim
by Nowizard
Wed May 06, 2020 6:13 pm
Forum: Personal Consumer Issues
Topic: Should you tip landscapers?
Replies: 51
Views: 3225

Re: Should you tip landscapers?

My view is that I know I am "odd" in terms of what is typically done. I'd like to think that means generally being more rather than less considerate. The one thing I do know is that the workers are typically less financially comfortable than I am, and they will always be appreciative of tips. I am d...