Search found 1620 matches

by Caduceus
Sun May 13, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Art, Antiques, and Collectibles and wines
Replies: 56
Views: 6421

Re: Investing in Art, Antiques, and Collectibles and wines

This is an old thread, but I thought I would offer a counter-point. I think that collecting old books for which there might be only one or a few copies in the world can be both meaningful and financially viable. Tastes change with time, so things like ceramics, furniture, jewelry, etc. have fluctuat...
by Caduceus
Thu May 10, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: How does stock buyback benefit investors?
Replies: 78
Views: 6353

Re: How does stock buyback benefit investors?

The simplest way is to think about this like a business owner. Say you owned a highly lucrative business with a partner - 50%-50% split. I reckon there would be a price at which you would JUMP at the chance to retire his share in the business, and then there would be a price where you would be will...
by Caduceus
Wed May 09, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Why Shouldn't I Buy McDonalds Or Coke?
Replies: 66
Views: 8445

Re: Why Shouldn't I Buy McDonalds Or Coke?

There's a simple way to look at this. If you were really good at evaluating businesses, you absolutely should concentrate your investing in one or a few stocks. But we're most likely not talking about companies like McDonald's and Coke which are followed by thousands of analysts and millions of inve...
by Caduceus
Wed May 09, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Question on safety of ETFs
Replies: 32
Views: 2139

Re: Question on safety of ETFs

I don't understand the nature of your fear with ETFs. Maybe you could elaborate on those fears, and in the process either discover there's nothing to be feared, or if there are legitimate fears, then to help those of us who use ETFs be more careful. Flash crashes shouldn't bother you unless you inte...
by Caduceus
Wed May 09, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Annual Meeting Today 5/5 - Yahoo Livestream
Replies: 23
Views: 2487

Re: Berkshire Hathaway Annual Meeting Today 5/5 - Yahoo Livestream

Apparently the archived videos and transcripts of past year meetings are also now available through CNBC. Buffett was generous enough to recently gift these priceless historical materials to them and by extension to the rest of the world. 8-) I've been spending many happy hours on the site. Thanks ...
by Caduceus
Wed May 09, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6217

Re: Do we spend too much on food?

2 adults and one baby eating baby foods spends $300 a month. My wife stays home with our baby so she is able to go to different stores for different items where they are priced better. Alcohol is purchased out of our entertainment budget as it isn't necessary to a healthy lifestyle. I hunt successf...
by Caduceus
Tue May 08, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6217

Re: Do we spend too much on food?

This is Caduceus's Food Cost Theory© You can only get two of the three things with regard to food simultaneously: (1) Low Costs, (2) Convenience, (3) Taste If you are willing to sacrifice (1), you can get food that is both delicious (taste) and which does not require cooking (convenience). If you ar...
by Caduceus
Tue May 08, 2018 10:44 am
Forum: Investing - Theory, News & General
Topic: How does stock buyback benefit investors?
Replies: 78
Views: 6353

Re: How does stock buyback benefit investors?

Incidentally, and this is in response to the question about management incentives and share buybacks, there are some strange situations that pop up if compensation is tied to the wrong yardsticks. Executive compensation is often partially tied to the return on equity yardstick. The problem is that t...
by Caduceus
Tue May 08, 2018 10:37 am
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Annual Meeting Today 5/5 - Yahoo Livestream
Replies: 23
Views: 2487

Re: Berkshire Hathaway Annual Meeting Today 5/5 - Yahoo Livestream

Apparently the archived videos and transcripts of past year meetings are also now available through CNBC. Buffett was generous enough to recently gift these priceless historical materials to them and by extension to the rest of the world. 8-) I've been spending many happy hours on the site.
by Caduceus
Tue May 08, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: How does stock buyback benefit investors?
Replies: 78
Views: 6353

Re: How does stock buyback benefit investors?

There's a fair bit of misinformation in this thread. It's helpful to think through what a stock buyback means from both an accounting and a business perspective if you want to understand how it affects you as an investor. The short answer is that share buybacks increase shareholder/investor value if...
by Caduceus
Tue May 08, 2018 1:33 am
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 6258

Re: When to buy new underwear?

My husband was horrified that I posted this question on Bogleheads, so he solved the problem by buying all the new undergarments I need for the next decade. In return, I am expected to cease and desist my posts on this thread. :beer
by Caduceus
Mon May 07, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: That Frugal Thing You Do
Replies: 554
Views: 131642

Re: That Frugal Thing You Do

I don't stress too much over the small things but I keep an eye on the big things. I live in a small apartment and I don't own a car. Those two decisions completely overwhelm any other smaller spending decisions I might make. Larger houses means more property tax, more maintenance, more capital tied...
by Caduceus
Mon May 07, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Score Question
Replies: 25
Views: 2058

Re: Credit Score Question

The annual credit report site is very scammy. It won't let me get my free credit reports too, and there's no number to call and no support. I suspect the credit bureaus intentionally gum up the system (they are frequently down and many, many people are unable to get free reports even when the websit...
by Caduceus
Mon May 07, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Limit order woes
Replies: 19
Views: 2283

Re: Limit order woes

I thought you had agreed that the problem was the AON order. AON orders are not protected. They are not published in the bid or ask. They have a superficial appeal in cases where you're trying to avoid paying two commissions--if your order is executed across two days or if you have to change your l...
by Caduceus
Mon May 07, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Advice for new Expat in Singapore [US ex-pat]
Replies: 10
Views: 862

Re: Advice for new Expat in Singapore [US ex-pat]

Since unlike the U.S., most of the world does not tax income that falls outside of their source jurisdiction, it's unlikely you will have a tax fliing to your foreign tax residence (though you should check this). This isn't true. Most -- possibly the the vast majority of -- nations tax you on your ...
by Caduceus
Mon May 07, 2018 6:09 am
Forum: Investing - Help with Personal Investments
Topic: How to access Canadian options?
Replies: 1
Views: 212

How to access Canadian options?

Does anyone know the most convenient way for a U.S.-based investor to access options on Canadian-domiciled firms that trade only on the Montreal options exchange? Thanks
by Caduceus
Mon May 07, 2018 6:04 am
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 6258

Re: When to buy new underwear?

OK, thanks guys, but is there a limit to how many years would be too many years, even for a reasonable person? Like if you heard that someone was wearing ten-year-old underwear, would that sound weird?

Not that that's me. I'm just curious. 8-)
by Caduceus
Mon May 07, 2018 5:58 am
Forum: Investing - Help with Personal Investments
Topic: Advice for new Expat in Singapore [US ex-pat]
Replies: 10
Views: 862

Re: Advice for new Expat in Singapore [US ex-pat]

For your situation, the simplest way is to purchase your U.S. equities from a U.S. broker, and here's why. 1) There are rules governing what happens if U.S. persons own passive foreign investment corporations, and people sometimes wander inadvertently into tax traps when they purchase mutual funds i...
by Caduceus
Mon May 07, 2018 5:46 am
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2018?
Replies: 147
Views: 10702

Re: What non fiction book will you be reading in 2018?

I am currently reading Andy Kilpatrick's Of Permanent Value: The Story of Warren Buffett. It's not organized in any particular thematic way. It's more like a series of chapters on particular things in the history of Buffett or Berkshire Hathaway. But it's chock-ful of details that Alice Schroeder's ...
by Caduceus
Mon May 07, 2018 5:41 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16542

Re: most compelling TV character ever

All of you are wrong. 8-)

The answer is Alicia Florrick, played by Julianna Margulies, in The Good Wife. That performance was heads and shoulders over any one in the history of all media entertainment.

I'm not even joking!
by Caduceus
Mon May 07, 2018 5:40 am
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 6258

When to buy new underwear?

Are there any issues with wearing the same boxer briefs for a really long time? Assuming they are kept clean, washed, etc. My partner says underwear has to be changed out every year, but that does not make any sense to me. I only swap them out when the waistband, which is usually the first thing to ...
by Caduceus
Thu Apr 12, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 24104

Re: Anyone Deleting Facebook?

I had a day off, and I spent it watching the live testimony. Yes, I had nothing better to do and need to get a life 8-) It's fascinating (and infuriating) that Facebook apparently collects information even on non-Facebook users. One of the congressmen asked how it is possible for users to "consent" ...
by Caduceus
Thu Apr 12, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Men's Boxer briefs without brand/embossing
Replies: 10
Views: 1187

Men's Boxer briefs without brand/embossing

Do any of you know any brands of men's boxer briefs that don't actually print the brand anywhere on the boxer briefs? I've been googling for 30 minutes and can't seem to find any.
by Caduceus
Thu Apr 12, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Deadline for IRA contribution at the point of request or settlement?
Replies: 2
Views: 223

Deadline for IRA contribution at the point of request or settlement?

The IRA contribution deadline is April 17, but does that mean that someone can initiate the transfer on April 17 (and the funds will actually be deposited three days later), or does the contribution deadline mean that the actual funds must have settled by April 17?
by Caduceus
Sun Apr 08, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Can I use United airline miles to buy a ticket for my friend?
Replies: 15
Views: 1134

Can I use United airline miles to buy a ticket for my friend?

I have plenty of United miles, and I would like to use it to buy a ticket for my friend. We don't share similar last names. Can this be done and will there be an additional cost? Will he have any problems using the ticket if I issue a rewards ticket in his name? This will be for an international fli...
by Caduceus
Sat Apr 07, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone also getting Petrobras compensation?
Replies: 6
Views: 510

Re: Anyone also getting Petrobras compensation?

I don't think it matters if you had a gain or loss. I mailed mine in about a week ago. I had a pretty small position. I didn't hold it for long and I had a small gain. I think I remember reading in the fine print that compensation would be about $1 per share? That was for common shares. Do you know...
by Caduceus
Sat Apr 07, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Is Tax CPA really needed for Vanilla Investments ?
Replies: 31
Views: 2631

Re: Is Tax CPA really needed for Vanilla Investments ?

For the situation you describe, obviously not. 90% of most tax work is information gathering. On a broad level, you need to know what kind of information you even need to gather. For example, if you didn't know you could claim a self-insurance deduction, you might fail to include that when sending m...
by Caduceus
Sat Apr 07, 2018 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone also getting Petrobras compensation?
Replies: 6
Views: 510

Re: Anyone also getting Petrobras compensation?

I think I am? I got a mailer and promptly lost it - luckily it is all online. I completed and mailed the "Proof of Claim" form last week. http://www.petrobrassecuritieslitigation.com/#documents Before I became a BH, my advisor lost about 50% ($5k) with them. Luckily he had the trade dates and amoun...
by Caduceus
Sat Apr 07, 2018 6:23 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 17043

Re: What can we learn from secret millionaires.

There's probably a correlation between the "secret" and the "millionaire". Why? Because people who like to spend on conspicuous consumption either to impress themselves or other people are not likely to be the greatest savers. Whereas people who don't really care about whether people think they make...
by Caduceus
Sat Apr 07, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone also getting Petrobras compensation?
Replies: 6
Views: 510

Anyone also getting Petrobras compensation?

Petrobras recently settled with US investors in the amount of 2.9 billion and they will distribute the amount to people who owned shares, I think, between 2010 and 2015. The thing is, I didn't actually lose any money on my shares, even though the shares lost a great deal of their value, just due to ...
by Caduceus
Sat Apr 07, 2018 6:14 pm
Forum: Personal Consumer Issues
Topic: [When is going out to a restaurant worth it to you?]
Replies: 71
Views: 5611

Re: [When is going out to a restaurant worth it to you?]

Going out to eat doesn't have to be that much more expensive. In graduate school I had periods where I cooked all the time, and then periods where I ate out almost exclusively (because there just wasn't any time to cook). The cost difference wasn't that great. Takeout at Indian restaurants usually w...
by Caduceus
Sat Apr 07, 2018 7:42 am
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3884

Re: How often do you replace your office shoes?

big Allen Edmonds fan. Recrafting is fantastic. The last time I sent in a pair -- third time in 20 years --- the leather split. AE said no problem, pick something out of the catalog to replace them. Wonderful customer service. So hard for me to get into AE. I haven't found one "last" that felt comf...
by Caduceus
Fri Apr 06, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: How to re-wire an antique lamp
Replies: 15
Views: 962

Re: How to re-wire an antique lamp

Thank you for all the helpful tips. I think I will get someone to help me re-wire it. I would like to bring it completely up to modern electrical standards, and the fact that it has a pump running in the base seems to complicate things. The few folks who have completely dismantled rain lamps seem to...
by Caduceus
Fri Apr 06, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: How to re-wire an antique lamp
Replies: 15
Views: 962

Re: How to re-wire an antique lamp

Oops, my apologies - I will call it a vintage instead of antique lamp then! 8-) It's not an ordinary lamp - it looks like this: https://www.flickr.com/photos/52047146@N03/7861955796 I think it's called a "rain lamp". And it has a pump in the base, with mineral oil moving up and down the lines on the...
by Caduceus
Fri Apr 06, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: How to re-wire an antique lamp
Replies: 15
Views: 962

How to re-wire an antique lamp

I bought an antique lamp that dates back to the 1970s. I really love it and it's one of the few expensive purchases I've made in the last few years. The lamp hardware itself is in perfect condition, and that's really amazing. But the electrical wiring is not in great shape. I am not a handy person a...
by Caduceus
Sat Mar 31, 2018 7:50 am
Forum: Personal Consumer Issues
Topic: $20,000 book - what to do with it
Replies: 34
Views: 5793

Re: $20,000 book - what to do with it

Wow, looks like I made a mistake. The two copies I thought of the other book are actually much later copies of this book that were published decades later. It turns out my granduncle's book is the only known copy of the first edition of the book. One of the major libraries has offered to send someon...
by Caduceus
Fri Mar 30, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: $20,000 book - what to do with it
Replies: 34
Views: 5793

Re: $20,000 book - what to do with it

Nice gift. If true, I would first have it professionally appraised and documented. If it has value then find a conservator to assist in proper methods to preserve, based on type of material used. The lady friend in question works for one of the most prestigious auction houses, so I basically got th...
by Caduceus
Fri Mar 30, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 9840

Re: How Do You Value Your Home for Net Worth Purposes?

Just value it at market value, net of transaction costs it would take to sell it, and adjust for the outstanding mortgage. In accounting terms, you would be recognizing both the asset and the embedded liability at fair value. But if your goal is to figure out how close to financial independence you ...
by Caduceus
Fri Mar 30, 2018 5:36 pm
Forum: Personal Consumer Issues
Topic: $20,000 book - what to do with it
Replies: 34
Views: 5793

$20,000 book - what to do with it

I was shocked to discover that one of the books gifted to me by my granduncle quite some time ago when he realized I was interested in our family history is worth at least $20,000. I only discovered this by chance when someone who works in the field visited my house and I showed her the book. It has...
by Caduceus
Wed Mar 14, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Reasonable cubic feet estimate for a move?
Replies: 8
Views: 571

Reasonable cubic feet estimate for a move?

I just completed a move and the movers came back saying that the shipment for all my possessions was 65 cubic feet. I don't own much (well, at least I didn't think I did), so I was a little shocked. For others who have moved, did you know how much cubic feet worth or weight of stuff you moved? I am ...
by Caduceus
Tue Mar 13, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Men's Cologne
Replies: 59
Views: 4711

Re: Men's Cologne

Cologne smells different on every one because every person's body chemistry is different. What smells good on you may not smell good on another person. I don't wear cologne myself, but I think folks get turned off it because people wear them wrong. They use too much, or spray on clothes, when you ar...
by Caduceus
Tue Mar 13, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 38866

Re: [What UN-frugal thing do you do? What do you splurge on?]

I mostly splurge on weird hobbies. I spent $25 getting a couple of very rare seeds that may not even germinate (chances are approximately 3 in 100 seeds!) I spent more than $2,000 banking the DNA (one-time cost - no freezing required) of some of my elderly relatives, since I think it's a safe bet th...
by Caduceus
Tue Mar 13, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 43112

Re: What frugal thing did you do today?

If you want to be frugal, go to www.freedompop.com and get a cell phone for $19 or so, and setup for one of those $0/month cellular service (200 minutes of free voice, 500M of data ) per month. I haven't pay cell phone in years :happy How do you set up the $0 plan? I explored the website and there ...
by Caduceus
Sat Mar 10, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Men's Cologne
Replies: 59
Views: 4711

Re: Men's Cologne

Good Life by Davidoff, if you can still get it. Best cologne in the world. My first boyfriend used to wear it all the time - it's masculine, light but persistent, and incredibly erotic.
by Caduceus
Sat Mar 10, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Is Amazon HD video better than a blu-ray disc?
Replies: 13
Views: 990

Is Amazon HD video better than a blu-ray disc?

There are two shows that I'd like to get the highest quality viewing version of, but I'm confused by the options out there. Does anyone know how to rank these options by quality? Amazon HD video Amazon SD video Blu-Ray Disc DVD Is the ranking: Blu-ray, Amazon HD, DVD, Amazon SD? Basically, I would l...
by Caduceus
Tue Mar 06, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: 30-Day Minimalist Challenge
Replies: 79
Views: 8471

Re: 30-Day Minimalist Challenge

For me, the hardest things to get rid of are books. Even if I know that I will never read them, or not read them again , there is sentimental value associated with the thought process that went into selecting them in the first place. Victoria I have a handful of books that I've held onto as well, b...
by Caduceus
Tue Mar 06, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: 30-Day Minimalist Challenge
Replies: 79
Views: 8471

Re: 30-Day Minimalist Challenge

For me, the hardest things to get rid of are books. Even if I know that I will never read them, or not read them again , there is sentimental value associated with the thought process that went into selecting them in the first place. Victoria +1000 I never got rid of any of my books until I moved t...
by Caduceus
Tue Mar 06, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: Where to send blu-ray for digitization?
Replies: 6
Views: 981

Re: Where to send blu-ray for digitization?

Thanks guys. Is MakeMKV a program that makes lossless, exact copies of my blu-ray? I don't want any compression and loss in quality from the original.
by Caduceus
Thu Mar 01, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: Where to send blu-ray for digitization?
Replies: 6
Views: 981

Where to send blu-ray for digitization?

I have a set of blu-ray discs that were issued once in a limited amount and then never made again. They now go for hundreds and hundreds of dollars on Ebay and at one point there was only one set available so it sold for $900 ... I don't wish to sell, but would like to convert them into as HD qualit...
by Caduceus
Thu Mar 01, 2018 10:51 pm
Forum: Personal Consumer Issues
Topic: [Manuka honey]
Replies: 36
Views: 2784

Re: [Manuka honey]

How do you use it on eyelids? Do you just dab a tiny amount of pure manuka honey (no dilution) onto the top of the eyelid? Or is it the underside?