Search found 378 matches

by ZZ
Mon Mar 05, 2012 12:56 pm
Forum: Investing - Theory, News & General
Topic: What if I don't want to leave any $ behind?
Replies: 13
Views: 2220

Re: What if I don't want to leave any $ behind?

Is there a calculator I can use to play with various scenarios? There are some free calculators in the WIKI. I've been using Esplanner $150 http://www.esplanner.com/ Easy to change scenarios for when to take SS etc. Change things around for when to withdraw from saving or IRA etc. It's amazing how ...
by ZZ
Fri Jan 20, 2012 3:21 pm
Forum: Investing - Theory, News & General
Topic: POLL: At what net-worth does an individual become wealthy?
Replies: 78
Views: 8513

Re: POLL: At what net-worth does an individual become wealth

You are wealthy when more money won't change where you live, what you eat, what you wear, what you drive or who you sleep with.
Unknown
by ZZ
Wed Jan 11, 2012 3:07 pm
Forum: Personal Consumer Issues
Topic: Toyota Venza
Replies: 17
Views: 2881

Re: Toyota Venza

Extremley comfortable for my big body and roomy too.
After I got over sticker shock and what I consider a low MPG, I checked out the price of replacing those 20" tires and changed my mind.
by ZZ
Thu Dec 15, 2011 4:25 pm
Forum: Personal Consumer Issues
Topic: Pre-screening calls-- how to let only certain callers ring?
Replies: 14
Views: 1521

Re: Pre-screening calls-- how to let only certain callers ri

I have used these for years and give them as Xmas gifts to all the family... http://www.classco.com/ You attach a name to a phone number / requires caller ID (number only). When someone I know calls, it announces Mary Jones etc. If they are not on the list (up to 100 names), it announces the phone #...
by ZZ
Fri Sep 09, 2011 12:07 pm
Forum: Personal Consumer Issues
Topic: How much water do you use?
Replies: 82
Views: 6703

Got you all beat! My well went dry 3 weeks ago and while waiting on the new one to be drilled, I have averaged <3 gallons per day at the house. 1.5 gallon flush per day on my high efficiency toilet the balance for drinking, washing hands etc. I bath in the river each evening :') Everything is cooked...
by ZZ
Sun May 22, 2011 7:33 am
Forum: Investing - Theory, News & General
Topic: Inflation is up
Replies: 30
Views: 3685

Re: Inflation is up

We may, in fact, be about to relive something like the not-so-good old days when bank rates were capped at 5-1/2% by Regulation Q but inflation was running, eventually, up to 6% higher. In this case it's not Regulation Q that's holding rates down, but the effect is the same. http://www.fdic.gov/reg...
by ZZ
Thu Dec 16, 2010 11:30 am
Forum: Investing - Theory, News & General
Topic: don't buy bond funds says Suze Orman
Replies: 46
Views: 7513

Beantown85 wrote:
Toons wrote:Uh-Oh ,,might this turn into another Suze Orman thread :shock: :shock:
?

With a title including her name, I'm not sure there is going to be much of a transformation.
Up until someone mentions Dave Ramsey.

:roll:
by ZZ
Wed Nov 24, 2010 4:57 pm
Forum: Personal Investments
Topic: What can I tell my father-in-law about starting to save?
Replies: 34
Views: 4274

If you were my Son in Law and you stuck your nose in my finances I would say mind your own d**n business and it would probably taint the relationship for a long time after. You said "As far as I know, he has very little savings". You don't and you can't "tell" him to save either. I think a better ap...
by ZZ
Sat Aug 21, 2010 10:51 am
Forum: Personal Consumer Issues
Topic: Logitech Squeezebox Touch
Replies: 12
Views: 1675

ZZ, do you think the Touch is a significant step up from the Boom in terms of sound quality? I think the Boom sounds really great but I'm a bit tempted to get the SB Touch and powered speakers (I don't have a stereo system)... The sound from the Boom is amazing for such a small radio, it's still my...
by ZZ
Fri Aug 20, 2010 5:11 pm
Forum: Personal Consumer Issues
Topic: Logitech Squeezebox Touch
Replies: 12
Views: 1675

Just buy it! I had the SQ Boom for my bedroom less than 24 hours and canceled my XM radio. A week later ordered a SQ Touch. Both are fantastic. It changes everything. The Touch plugs right into your stereo and sets up in about 2 minutes. You can even control it via the internet from your remote comp...
by ZZ
Tue Mar 31, 2009 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Disappointed with PenFed
Replies: 17
Views: 4151

They probably Googled themselves.
A Google of PenFed and your Boglehead post is on page 2 as of 3:30 CST.

ZZ
by ZZ
Sun Mar 22, 2009 11:05 am
Forum: Personal Consumer Issues
Topic: Should Leno's Contract > $250K Be Taxed Away?
Replies: 16
Views: 2942

Of course, the discussion of this populist bill is merely academic. It will quietly die in some Senate committee and even if it passes, it will be overturned because it is unconstitutional. Probably so at least in it's present form, but.... "In time of this grave national danger, when all excess in...
by ZZ
Sun Mar 22, 2009 10:25 am
Forum: Personal Consumer Issues
Topic: Should Leno's Contract > $250K Be Taxed Away?
Replies: 16
Views: 2942

First they came for the CEO's and I didn't speak up because I wasn't a CEO.

Then they came for the............


ZZ
by ZZ
Sat Mar 21, 2009 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Citi's new usurious rates... looking for a new bank
Replies: 15
Views: 2585

If it's foolish to pay 20%, it's foolish to pay 7%.
Usurious is in the eyes of the debtor.


ZZ
by ZZ
Wed Mar 11, 2009 5:41 pm
Forum: Investing - Theory, News & General
Topic: xx
Replies: 8
Views: 1597

Like you, my benchmark is the CPI.
Anything else (if it happens), is gravy.
Brute force savings with minimal risk.


ZZ
by ZZ
Wed Mar 11, 2009 5:04 pm
Forum: Personal Consumer Issues
Topic: How do you know your car's dead?
Replies: 46
Views: 6778

A sure sign: It's rusted out. Only wusses change cars while they can't see the road under the floorboards. If I were simplesimon, and didn't like reaching around from inside the back door to open the drivers side, I would leave the drivers window down to make it easy to open. If you worry about rai...
by ZZ
Wed Mar 11, 2009 1:07 pm
Forum: Personal Consumer Issues
Topic: How do you know your car's dead?
Replies: 46
Views: 6778

Just to be clear, it's the outside door handle that is broken (I would go absolutely insane having to crawl out the back door to get out of my car with my 6'3" frame!) Regarding doing it myself, where would I purchase a replacement door handle? From a local Toyota dealer? Google it. http://www.auto...
by ZZ
Wed Mar 11, 2009 12:45 pm
Forum: Personal Consumer Issues
Topic: How do you know your car's dead?
Replies: 46
Views: 6778

I'm driving to Lake Tahoe this weekend, a ~250 mile drive less than half of which is through mountains. I hope it survives. :? I went a year and a half with a broken driver side door handle until I got it fixed. It was less than $200 and I should have had it fixed the first week. Too much of a hass...
by ZZ
Wed Mar 11, 2009 12:17 pm
Forum: Personal Consumer Issues
Topic: How do you know your car's dead?
Replies: 46
Views: 6778

Re: How do you know your car's dead?

When I was getting my oil changed, I asked a mechanic about the door handle and he said they have to open up the entire door or something and costs a decent amount (I forget the amount). Wasn't a true quote or anything though. I have a 2003 Matrix, the plastic door handle cracked under warranty. I ...
by ZZ
Wed Mar 11, 2009 11:14 am
Forum: Personal Consumer Issues
Topic: How do you know your car's dead?
Replies: 46
Views: 6778

After abandoning one car on the side of the highway years ago, my benchmark is when I am afraid to drive a car on an out of town trip.


ZZ
by ZZ
Wed Mar 11, 2009 10:21 am
Forum: Personal Investments
Topic: I am pretty sure that stocks have not done too well
Replies: 34
Views: 4210

Re: I am pretty sure that stocks have not done too well

Al, I can only say that everyone I know is aware that $10,000 in VTSMX 10 years ago is worth $7,709.22 at the end of February (including distributions). Don't forget that $10,000 in 1999 is worth $12,673.65 in 2009. I was thinking maybe nisiprius meant the inflation-adjusted value of $10,000 ten ye...
by ZZ
Wed Mar 11, 2009 10:09 am
Forum: Personal Investments
Topic: Pay off Home Equity Loan or put $$ into Roth?
Replies: 11
Views: 2273

Ditto Nisiprius I have a good friend who sold an older home on a prime piece of real estate. Rather than pay for his new custom built house, he bought stocks in 1999 and financed the house. After the big loss and then the recovery 7 years latter, he rec'd an inheritance in 2007. Rather than pay off ...
by ZZ
Tue Mar 10, 2009 5:52 pm
Forum: Personal Consumer Issues
Topic: Signs your getting old, you have any to add...........
Replies: 92
Views: 11716

bozo wrote:I still can't remember the question . . . . .

Bozo
What's wrong with you?

The question is what are the advantages of getting older, do you have anything to subtract.
My gosh, get with the program.

ZZ
by ZZ
Tue Mar 10, 2009 4:02 pm
Forum: Personal Consumer Issues
Topic: Signs your getting old, you have any to add...........
Replies: 92
Views: 11716

You ready your 21 year old custom Harley w/12k miles on it for a 4 hour road trip to a friends. After 60 miles, you turn around, head home and prop your feet up in the recliner while composing a for sale ad.

ZZ
by ZZ
Mon Mar 09, 2009 5:09 pm
Forum: Investing - Theory, News & General
Topic: How low will the Dow go?
Replies: 33
Views: 7312

I'm surprised no one has brought up the 61.8% Fibonacci "golden ratio" retracement off the S&P highs - leaving the S&P around 597.83? I think they looked at a long term chart and it looked so much like a great big blow off double top, they got scared and left town. I keep reminding myself - I'm gla...
by ZZ
Sat Mar 07, 2009 6:12 pm
Forum: Investing - Theory, News & General
Topic: Looking for a Safe Haven?
Replies: 40
Views: 6687

A single person with a million dollar portfolio of TIPS only, would break even at 8% inflation w/a 2% coupon. The tax liability for $100k in interest would be $19,472. The 2% coupon would generate $20k in payments. At higher inflation rates you would lose. But, if you view TIPS as a targeted degree ...
by ZZ
Fri Mar 06, 2009 3:29 pm
Forum: Personal Consumer Issues
Topic: Why Did You Choose Your Username and Avatar?
Replies: 66
Views: 10306

The letter Z is easy to find on the keyboard.
I used it twice so it wouldn't appear as if I were lazy and only hit the key once.

ZZ
by ZZ
Tue Mar 03, 2009 5:24 pm
Forum: Personal Investments
Topic: GMAC Bank Signature Card
Replies: 4
Views: 1362

Yes, many (if not all) online banks do it. It doesn't show on your report as an inquiry I believe. It's more of a quick verification for the Patriot Act.

ZZ
by ZZ
Mon Mar 02, 2009 5:50 pm
Forum: Personal Investments
Topic: When Will This All Stop
Replies: 11
Views: 2598

Third law Whenever a particle A exerts a force on another particle B, B simultaneously exerts a force on A with the same magnitude in the opposite direction. The strong form of the law further postulates that these two forces act along the same line. This law is often simplified into the sentence, ...
by ZZ
Mon Mar 02, 2009 5:42 pm
Forum: Personal Investments
Topic: When Will This All Stop
Replies: 11
Views: 2598

Newton's First Law of Motion:

Every object in a state of uniform motion tends to remain in that state of motion unless an external force is applied to it.

ZZ
by ZZ
Mon Mar 02, 2009 2:18 pm
Forum: Personal Investments
Topic: Profound words from CNBC
Replies: 19
Views: 6168

In Money or Kiplinger Magazine interview last year a question about what stocks to buy for a recession?

Answer was - consumer staples like Procter & Gamble etc.

Reasoning was - in a recession, these stocks won't lose as much as others.

ZZ
by ZZ
Wed Feb 25, 2009 4:13 pm
Forum: Investing - Theory, News & General
Topic: What's so wrong with saving?
Replies: 36
Views: 3827

I remember reading an old book from the late 30's and the authors comment was something like this.....
"I knew the hard times were over when my wife came home with a brand new hat and said she was tired of doing without".

ZZ
by ZZ
Wed Feb 25, 2009 2:44 pm
Forum: Investing - Theory, News & General
Topic: What's so wrong with saving?
Replies: 36
Views: 3827

China has a personal savings rate of around 30% and it hasn't hurt them. The US savings rate has gone from basically zero to a still low <3% in the past year. If our economy can't survive with a crappy 3% savings rate rather than a high level of debt mostly wasted on imported goods, so be it. It's e...
by ZZ
Wed Feb 25, 2009 2:20 pm
Forum: Investing - Theory, News & General
Topic: What's so wrong with saving?
Replies: 36
Views: 3827

Maybe the question should be how much savings. Obviously a negative savings rate is bad. The U.S. did pretty well in the past with a savings rate of 7% plus.

It's the initial shock to the economy when savings rates rise from zero that's a bummer. After it sets a base, no problem.

ZZ
by ZZ
Tue Feb 24, 2009 6:25 pm
Forum: Investing - Theory, News & General
Topic: Welcome (back) to 1997!
Replies: 108
Views: 17384

One of the most memorable things I have ever seen is a diary. My best life long friend from grade school called me years ago and said come to his family reunion (right now!). Seems a relative had his great, great grandfathers diary from the early 1800's. He was being chased by Indians and hid in a h...
by ZZ
Tue Feb 24, 2009 6:06 pm
Forum: Investing - Theory, News & General
Topic: TIPS Don't Protect You From Inflation....????
Replies: 50
Views: 9054

TIPS are for preservation of wealth, not for making a fast buck speculating on interest rates.

ZZ
by ZZ
Tue Feb 24, 2009 3:05 pm
Forum: Investing - Theory, News & General
Topic: TIPS Don't Protect You From Inflation....????
Replies: 50
Views: 9054

TIPS follow CPI, argue all you want about normal bonds and the illusion of a guaranteed built in inflation premium. When rates are controlled by an external force all bets are off. To assume bond rates other than TIPS will rise with inflation can be a mistake. In the 70's inflation stayed higher tha...
by ZZ
Sat Feb 21, 2009 11:18 am
Forum: Investing - Theory, News & General
Topic: Be greedy when others are fearful...
Replies: 59
Views: 9416

For over a decade now, rebalancing into TSM has been a losing proposition. No one knows how much longer it will remain so. http://tinyurl.com/2osqwn Per VG: $10K invested in VTSMX 10 years ago is now worth $8,287 :cry: Let's not forget to add inflation of 31% over the 10 year period to that. 10k do...
by ZZ
Wed Feb 04, 2009 1:13 pm
Forum: Investing - Theory, News & General
Topic: Treasury announces future plans
Replies: 30
Views: 5328

Sounds like a sound recovery plan to me.
Drive rates to zero, lock it in and inflate away.

ZZ
by ZZ
Sun Feb 01, 2009 12:43 pm
Forum: Investing - Theory, News & General
Topic: Is this time different????
Replies: 12
Views: 2395

I think we are much smarter today. People aren't taking all their money out of the market and out of banks in favor of cash. That is only true because people currently have 'faith' that the gov't will pay if the bank fails. If they lose that faith, they would only hold cash because they currently h...
by ZZ
Sat Jan 31, 2009 8:00 pm
Forum: Personal Consumer Issues
Topic: Google Broken?
Replies: 15
Views: 2912

Great!!

I have been having connection problems since Friday. I saw the Google glitch this AM and figured I had spy ware, so I dropped $50 bucks on an unneeded spy ware update.

It's a conspiracy I tell you, something to make the anti-virus vendors rich.


ZZ
by ZZ
Thu Jan 29, 2009 6:27 pm
Forum: Investing - Theory, News & General
Topic: Dr. Phil on Social Security
Replies: 49
Views: 7186

If we ignore the messenger for a moment, do you really think it's not feasible that SS benefits could be dramatically cut back or will have even more means testing beyond 85% taxable, making it a more purely welfare system? Obviously, that doesn't matter. Simply mention Dr. Phil, Suzie Orman, Ben S...
by ZZ
Thu Jan 29, 2009 6:03 pm
Forum: Personal Consumer Issues
Topic: Peanut butter recall
Replies: 19
Views: 3102

Re: Peanut butter recall

Peanut butter recall lists (continues to expand): http://www.fda.gov/oc/opacom/hottopics/salmonellatyph.html I got a letter from Costco warning me about my Clif Bar purchase months ago. I already ate all but one, and it was on the recall list. :shock: Me too, I also rec'd a pre-recorded phone call ...
by ZZ
Wed Jan 28, 2009 6:37 pm
Forum: Personal Consumer Issues
Topic: If you could live in any generation
Replies: 65
Views: 9726

I wouldn't go into any past generation, I like air conditioning and making a living on the net in your underwear life style too much. I wouldn't go into the future, because I would be an out dated dinosaur. May I be exempted from the present generation? The future just looks too spooky to me at the ...
by ZZ
Wed Jan 28, 2009 1:49 pm
Forum: Personal Consumer Issues
Topic: How language defines us
Replies: 13
Views: 2354

When I read an English paper I see the word 'scheme' used as in - the government pension scheme (something good).

In the U.S. it triggers a very different meaning (something bad).

ZZ
by ZZ
Mon Jan 26, 2009 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Results de TIPS
Replies: 34
Views: 5373

Origins are sometimes strange. Treasury auction aka Dutch Auction http://en.wikipedia.org/wiki/Dutch_auction Dutch Auction aka Tulip Auction Named for the famous auctions of Dutch tulip bulbs in the 17th century http://www.investorwords.com/1603/Dutch_auction.html Tulip Auction Circa 17th century ak...
by ZZ
Mon Jan 26, 2009 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Results de TIPS
Replies: 34
Views: 5373

by ZZ
Mon Jan 26, 2009 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Please help me deal with ING Direct
Replies: 9
Views: 2290

strafe wrote:I'm having a hard time understanding your complaint. ING posted 1099 forms on the 24th. You obviously have internet access now. Why not just download the form from the ING website and print it?
Excellent point!!!

ZZ
by ZZ
Mon Jan 26, 2009 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Please help me deal with ING Direct
Replies: 9
Views: 2290

Banks are required by law to send a 1099 in paper form. February 1st is the deadline.

The only reason they wouldn't is if you have consented to electronic delivery, which you have. Call ING or login and have your account reset to paper delivery.

ZZ
by ZZ
Sun Jan 25, 2009 6:22 pm
Forum: Investing - Theory, News & General
Topic: Inflation the silent killer
Replies: 157
Views: 22443

Re: Hi

My wife and I have decided to not include TIPS in our portfolio right now. We are in our mid 40's and believe stocks are the best inflation hedge. Like someone mentioned, you have to be a big believer in the government's calculations. Aren't tips more appropriate for near retirees/retirees? If you ...