Search found 457 matches

by malloc
Thu Nov 17, 2016 5:21 pm
Forum: Investing - Theory, News & General
Topic: LendingHome as investment vehicle for constant income
Replies: 9
Views: 2805

Re: LendingHome as investment vehicle for constant income

Spreading your money out is not quite "diversification", as in safer. If the market goes south (Fed raises rates, or any number of other reasons), it will likely affect all real estate, and all the flippers will be in trouble at the same time. For $5,000, I would most likely want to see the details ...
by malloc
Mon Oct 10, 2016 7:40 pm
Forum: Personal Investments
Topic: Stubbornly Ultra conservative, Non-Boglehead Husband. What to do?
Replies: 50
Views: 8310

Re: Stubbornly Ultra conservative, Non-Boglehead Husband. What to do?

My wife has read (at my request) all the books, but still refers to the market as gambling or a con game. She has her own money and is extremely conservative. I have money that I consider mine (earned outside of regular employment) and I invest rather aggressively. Together, our combined portfolio i...
by malloc
Sun Sep 13, 2015 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a new house - Should I rent out my current house or sell?
Replies: 39
Views: 4108

Re: Buying a new house - Should I rent out my current house or sell?

How long will you keep it? Make sure you understand the tax laws which help you if you are selling your residence. I suggest you discuss it with your CPA. A short summary is you will probably be better off keeping it if you are going to keep it for a long time, to make up for the tax benefit you wil...
by malloc
Sun Sep 06, 2015 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for RMDs [Required Minimum Distributions]
Replies: 57
Views: 10439

Re: Strategies for RMDs [Required Minimum Distributions]

An idea occurs to me that I had overlooked before. I have income which has no "built in" withholding (real estate), and I am not fond of the IRS forcing me to make installment payments. I can wait until late in the year, when taxes are clearer, and than over withhold from RMD to compensate. This all...
by malloc
Sat Sep 05, 2015 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for RMDs [Required Minimum Distributions]
Replies: 57
Views: 10439

Re: Strategies for RMDs

if the market is low when you withdraw, and you do not need the money, you can simply transfer the RMD into to an identical fund in a taxable account. Cute, and similar to what I have done in the past - paying taxes as well, of course. This problem is not quite the same as dollar cost averaging vs ...
by malloc
Sat Sep 05, 2015 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for RMDs [Required Minimum Distributions]
Replies: 57
Views: 10439

Strategies for RMDs [Required Minimum Distributions]

RMD is forced in December, if not taken earlier. Method One: Take it in December so that the money is exposed to the market for the maximum amount of time, before withdrawal and taxes. Method Two: Take monthly withdrawals so that you are not exposed to a market downturn in the latter part of the yea...
by malloc
Thu May 07, 2015 1:16 pm
Forum: Personal Consumer Issues
Topic: AQUAPEX, a good idea ???
Replies: 8
Views: 1284

Re: AQUAPEX, a good idea ???

DW wants to know if there is a problem with using Aquapex with a water softener (salt based).
Does this affect the leaching problem?

I had not even thought of this.

Any thoughts?
by malloc
Wed May 06, 2015 5:57 pm
Forum: Personal Consumer Issues
Topic: AQUAPEX, a good idea ???
Replies: 8
Views: 1284

Re: AQUAPEX, a good idea ???

Thanks for the replies.
I was most concerned about toxic chemicals bleeding into the water supply.
I will have to select an option in about a week.

By all I have heard toxic chemicals do not seem to be a concern.

Thanks again
by malloc
Mon May 04, 2015 11:47 pm
Forum: Personal Consumer Issues
Topic: AQUAPEX, a good idea ???
Replies: 8
Views: 1284

AQUAPEX, a good idea ???

Apparently Aquapex is a plastic water pipe which is cheaper/better than copper pipe. I am told it has been used for some time on the East coast, where freezing is a problem. I am on the West coast and not concerned about freezing. Does hot water degrade it? Does the turbulence at a right angle joint...
by malloc
Thu Apr 30, 2015 4:40 pm
Forum: Personal Investments
Topic: Should I pay off the mortgage before I quit my job?
Replies: 30
Views: 5347

Re: Should I pay off the mortgage before I quit my job?

" I teach middle school", "I have little energy left"

Cause and effect?
Perhaps a job change would help.
by malloc
Thu Apr 16, 2015 12:45 pm
Forum: Personal Investments
Topic: Is it ok to NOT have significant taxable investments?
Replies: 48
Views: 7072

Re: Is it ok to NOT have significant taxable investments?

Although I agree with the advice above for most people, there is one case worth consideration. A few years prior to retirement, it is a good idea to look ahead to see where you want to end up. A backdoor Roth is only one consideration, if your income after retirement will actually increase. It may w...
by malloc
Thu Mar 05, 2015 6:43 pm
Forum: Investing - Theory, News & General
Topic: ...it is madness to risk losing what you need in pursuing wh
Replies: 48
Views: 7260

Re: ...it is madness to risk losing what you need in pursuin

Not to badmouth Warren Buffet, but I think Tolstoy (War and Peace) expressed the same thought earlier.

(A German in a poker game, if I recall correctly)
by malloc
Thu Feb 19, 2015 10:06 am
Forum: Personal Investments
Topic: Investing Advice to Mother/Father In Law
Replies: 16
Views: 1934

Re: Investing Advice to Mother/Father In Law

My father in law is a retired gov't employee who makes a nice pension and my mother in law works part time in a low hourly wage job. They are frugal people. They are comfortable, but by no means wealthy.
What is the "NEED" for increased risk?
by malloc
Wed Jan 07, 2015 5:34 pm
Forum: Investing - Theory, News & General
Topic: Can you make money betting on random coin flips?
Replies: 296
Views: 32356

Re: Can you make money betting on random coin flips?

OP said
if there are an equal number of heads and tails (which becomes more probable as the number of coin tosses increases).
Not really

(#wins)/(#wins + # losses) approaches 1/2

But #wins does not approach #losses

malloc
by malloc
Thu Dec 18, 2014 12:05 am
Forum: Personal Finance (Not Investing)
Topic: buying apartment in France
Replies: 14
Views: 4028

Re: buying apartment in France

My wife and I rented an apartment in Paris for about a week. We liked the experience so much that I spoke with an agent in Paris who was happy to help me purchase an apartment and manage it when we were not using it. I was very interested in the idea. It sounded like, with reasonable assumptions, th...
by malloc
Sun Dec 14, 2014 11:48 am
Forum: Personal Consumer Issues
Topic: Very strange burglary
Replies: 41
Views: 6283

Re: Very strange burglary

Have you considered a "nanny cam"? There are also stand alone cameras that are disguised as books or other objects a burglar/kid would have little interest in. You put batteries in them and forget them. Pictures are stored when the motion sensor detects movement. Occasionally you must change the bat...
by malloc
Thu Dec 04, 2014 12:31 pm
Forum: Investing - Theory, News & General
Topic: muni bond funds in taxable - reinvest dividends?
Replies: 26
Views: 7882

Re: muni bond funds in taxable - reinvest dividends?

Steadfast wrote: As a resident of California in a high tax bracket, I use Vanguard's California Intermediate-Term Tax Exempt fund so distributions are not taxed at the Federal OR state level. So I reinvest all dividends, with no tax consequences. If you can find a decent state-specific muni bond fun...
by malloc
Mon Nov 17, 2014 7:53 pm
Forum: Personal Consumer Issues
Topic: 75w LED bulb in a 60w socket?
Replies: 14
Views: 6307

Re: 75w LED bulb in a 60w socket?

Another thing to consider is radio interference. I put a pair of LED's on my garage door opener, and the remote control refused to work. I replaced the two LED's with one bulb of a different brand, and all seems to be fine. One bulb seems to be enough. I put a whole bunch of LED's in a bathroom (art...
by malloc
Tue Nov 11, 2014 9:59 pm
Forum: Personal Investments
Topic: How can I convince my wife to accept investing??
Replies: 54
Views: 7674

Re: How can I convince my wife to accept investing??

I had a similar situation. We also had been burned by my ignorance and the financial "industry". I was convinced that I was right, so I took on extra work and told her that everything I earned under contract, I regarded as "our" money, but that the extra money I earned from my extra sweat I was goin...
by malloc
Fri Nov 07, 2014 2:16 pm
Forum: Personal Consumer Issues
Topic: FYI: An unusual car warranty option
Replies: 2
Views: 536

Re: FYI: An unusual warranty option

That's what I thought too. That is partly the reason I posted this, to see if anyone has experience with such a warranty. We asked the dealer nearest us - which did not have the care she wanted available - and they said "no problem". They are happy to service the car under the warranty. As an added ...
by malloc
Fri Nov 07, 2014 2:04 pm
Forum: Personal Consumer Issues
Topic: FYI: An unusual car warranty option
Replies: 2
Views: 536

FYI: An unusual car warranty option

Ordinarily I am a skeptic of all extended warranties, because I expect them to have negative expected value. DW likes Dodge/Chrysler Vans, and usually drives them until they are too costly to fix. Recently bought a new (used) vehicle from a dealer, and they offered a non-transferrable warranty ($100...
by malloc
Thu Oct 16, 2014 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Retired, my viewpoint has changed again.
Replies: 22
Views: 3942

Re: Retired, my viewpoint has changed again.

I think you have missed my meaning. What did the market do today? I don't care. I have all contingencies I can think of covered (short of an errant comet). I am not concerned financially. I am remarking about the psychological reaction to my change of circumstances, and my surprise at my own reaction.
by malloc
Thu Oct 16, 2014 12:32 am
Forum: Personal Finance (Not Investing)
Topic: Retired, my viewpoint has changed again.
Replies: 22
Views: 3942

Retired, my viewpoint has changed again.

I have found it most interesting to observe myself as I move towards retirement, and thought perhaps some of my observations could be of interest to others. Roughly I have mentally gone from: "I need enough to not eat cat food, and cover any medical expenses" to "I am my number - how do I make it la...
by malloc
Tue Oct 14, 2014 10:55 am
Forum: Personal Investments
Topic: which bond fund should I use?
Replies: 7
Views: 1196

Re: which bond fund should I use?

If you live in a state with high state income tax (cf California) you might consider the state tax exempt fund.
by malloc
Wed Oct 01, 2014 12:49 am
Forum: Personal Finance (Not Investing)
Topic: SS website - credit freeze
Replies: 7
Views: 1446

Re: SS website - credit freeze

We ran into this problem too, and were given a choice: Unfreeze a credit report temporarily or take ID to the SS office in person to verify identity and get a password. As unlocking and locking is a hassle (yes I know it is supposed to be easy) we went to the SS office and it was relatively painless...
by malloc
Mon Sep 22, 2014 8:12 pm
Forum: Personal Consumer Issues
Topic: Identity theft protection
Replies: 9
Views: 1833

Re: Identity theft protection

Recently DW wanted to purchase a van from a dealer. To close the purchase, we offered to pay cash, if they would take a deposit using a credit card. They said there was something wrong with our credit to which we responded it was locked. We did not want to go through the hassle of unlocking it (you ...
by malloc
Sun Sep 14, 2014 1:42 pm
Forum: Personal Investments
Topic: Do I need to hold my emergency fund in cash?
Replies: 29
Views: 4785

Re: Do I need to hold my emergency fund in cash?

One value of an emergency fund that I have found is how I personally react to an emergency. In the past, with no emergency fund, my first reaction was "Where do I get enough money to deal with this?" Now, with an emergency fund, now my reaction is "What's the best way to fix this" I am more relaxed ...
by malloc
Sat Sep 13, 2014 11:52 am
Forum: Investing - Theory, News & General
Topic: The dangerous practice of rebalancing...
Replies: 191
Views: 20230

Re: The dangerous practice of rebalancing...

For me, strategic investing for retirement involves taking no risk whatsoever with the income needed to cover my core (non-discretionary) retirement expenses. No-risk sources of income include Social Security, TIPS (Treasury inflation-protected securities), and Federal government indexed pensions, ...
by malloc
Sat Sep 06, 2014 10:15 am
Forum: Investing - Theory, News & General
Topic: Do you consider your emergency fund part of your portfolio?
Replies: 50
Views: 4445

Re: Do you consider your emergency fund part of your portfol

In the past, I have calculated AA in two ways, with and without EF included - doesn't seem to make much difference. Upon further consideration, to simplify(?) things further, perhaps one needs two emergency funds. One EF for personal needs - car, washing machine, roof, repairs...etc. A second EF for...
by malloc
Fri Sep 05, 2014 6:24 pm
Forum: Investing - Theory, News & General
Topic: Poll: Cash Holdings
Replies: 65
Views: 5174

Re: Poll: Cash Holdings

The poll asked what percentage of your portfolio is in cash, most people do not consider their emergency fund or the cash they're using for immediate living expenses as part of their portfolio Then my answer would have been different. For business reasons, I find it prudent to hold a large liquid "...
by malloc
Fri Sep 05, 2014 6:10 pm
Forum: Investing - Theory, News & General
Topic: Do you consider your emergency fund part of your portfolio?
Replies: 50
Views: 4445

Re: Do you consider your emergency fund part of your portfol

It is a curious psychological question, I have thought about for a while.
Rather like which pocket do I want to put a dollar in.
If there is a right answer, I have not found it.
Perhaps further enlightenment become evident here.
by malloc
Fri Aug 08, 2014 3:49 pm
Forum: Investing - Theory, News & General
Topic: Should this person buy bonds??
Replies: 15
Views: 1836

Re: Should this person buy bonds??

The thought was: If inflation goes up (a lot), stocks would help protect a somewhat damaged fixed income stream. If inflation goes down (or deflation), then a fixed income stream would render the market returns immaterial. Bonds do not seem relevant in either case. I have nothing against bonds, they...
by malloc
Fri Aug 08, 2014 12:55 pm
Forum: Investing - Theory, News & General
Topic: Should this person buy bonds??
Replies: 15
Views: 1836

Re: Should this person buy bonds??

nisprius wrote There is no objective right or wrong here, no objective way to decide based on financial numbers, everything works. Thanks - that is the result I kept coming up with. It just seemed strange to me that there was not a "need" for bonds in a case like this. I thought I would check to see...
by malloc
Fri Aug 08, 2014 12:40 pm
Forum: Investing - Theory, News & General
Topic: T. Rowe Price study says Roth generally better - thoughts?
Replies: 14
Views: 1992

Re: T. Rowe Price study says Roth generally better - thought

I thought this was solved some time ago. P=$ deposited r=rate of return of your investments over time (may not be constant, but assumed to be the same whether ROTH or IRA) T1 = tax rate (ROTH), rate when the money is earned T2= tax rate (IRA), rate when the money is take out n= # of years in the acc...
by malloc
Fri Aug 08, 2014 12:11 pm
Forum: Investing - Theory, News & General
Topic: Should this person buy bonds??
Replies: 15
Views: 1836

Should this person buy bonds??

Suppose a retiree has sufficient income from pensions/annuities/social security (mostly COLA'd) to cover living expenses and even some extra.

What would be the function of bonds in this persons portfolio?
by malloc
Wed Aug 06, 2014 1:34 pm
Forum: Investing - Theory, News & General
Topic: Peak Money Market Fund Yields in 1981-82
Replies: 24
Views: 2909

Re: Peak Money Market Fund Yields in 1981-82

When I first got married & bought a house I knew nothing about investments. At the local gym, I met an older neighbor (retired) sitting in the locker room. He was half talking to me and half to himself. He was distraught that his investments were earning less than inflation. He asked me if I knew an...
by malloc
Tue Jul 29, 2014 12:49 am
Forum: Personal Consumer Issues
Topic: New HVAC system
Replies: 29
Views: 4716

Re: New HVAC system

Allan said I know of no evidence that spray foam raises the temperature of the roof, if anything attic temperatures drop 30-40 degrees with spray foam. That is good for roofs. The attic gets colder, but the roof itself is trapped between the sun and the insulation. I am told that for some types of r...
by malloc
Mon Jul 28, 2014 8:25 pm
Forum: Personal Consumer Issues
Topic: New HVAC system
Replies: 29
Views: 4716

Re: New HVAC system

I was told that putting foam on the underside of the roof raises the temperature of the roof and is bad for the roof.
You might want to ask if this is a problem in a Texas climate.

Have you thought about increasing your attic ventilation, possibly assisted by an attic fan?
by malloc
Mon Jul 28, 2014 9:42 am
Forum: Personal Investments
Topic: state pension
Replies: 43
Views: 3613

Re: state pension

Does your being "vested" include medical in retirement?
Do you forfeit this by taking a cash payout?
It certainly would be worth knowing.
by malloc
Sat Jul 19, 2014 11:54 pm
Forum: Personal Consumer Issues
Topic: Which kind of bike for recent retiree?
Replies: 48
Views: 4926

Re: Which kind of bike for recent retiree?

Never heard of them.
Just looked and there is a dealer nearby.
Thanks for the suggestion, I will check it out.
by malloc
Sat Jul 19, 2014 11:36 pm
Forum: Personal Consumer Issues
Topic: Which kind of bike for recent retiree?
Replies: 48
Views: 4926

Which kind of bike for recent retiree?

Many years ago, I used to cycle semi seriously, for fun. Recently went into a bike shop and was astounded at the different styles of bike. In the past I had a road bike and I was happy with it, but a mountain bike or a hybrid looked interesting. (actually not even sure I have straight all the differ...
by malloc
Thu Jul 10, 2014 11:14 am
Forum: Investing - Theory, News & General
Topic: The value of a ROTH conversion in retirement
Replies: 21
Views: 3830

Re: The value of a ROTH conversion in retirement

3CT wrote If you have significant (>$50k) income coming from a pension or rental property in retirement, and your total income in retirement is less than say $120k, then the Roth IRA is very valuable. I am looking into it for a family member who will be in a similar situation in the coming years, an...
by malloc
Wed Jul 09, 2014 6:50 pm
Forum: Investing - Theory, News & General
Topic: The value of a ROTH conversion in retirement
Replies: 21
Views: 3830

Re: The value of a ROTH conversion in retirement

Thanks for the replies. I am new to retirement, and I am not even sure if my taxable income will go up or down. I have numerous spreadsheets, but since I am not in a hurry, I will wait to see the real numbers. I do not have a serious problem about the 5 years.......I do not have any serious problems...
by malloc
Wed Jul 09, 2014 10:43 am
Forum: Investing - Theory, News & General
Topic: The value of a ROTH conversion in retirement
Replies: 21
Views: 3830

The value of a ROTH conversion in retirement

to ROTH or not to ROTH, that is the question I have been considering transferring outside money to an existing account at Vanguard (from sheltered to sheltered). The objective is to simplify things. This seemed a good time to also convert some funds into a ROTH account. I was concerned whether I wou...
by malloc
Fri Apr 25, 2014 10:42 pm
Forum: Personal Investments
Topic: "Authorization to Journal Securities or Funds"
Replies: 2
Views: 1933

"Authorization to Journal Securities or Funds"

I have no idea what "journal" means in this context. I have a piece of paper, titled "Authorization to Journal Securities or Funds", from Morgan Stanley that seems to be about the dispersal of funds from a trust. But I am guessing. It also contains a long list of all the ways that they are not respo...
by malloc
Mon Mar 31, 2014 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Earthquake insurance in California
Replies: 27
Views: 2641

Re: Earthquake insurance in California

I live in California.
I had earthquake insurance when it was affordable.
The opinion of a geologist friend, given the huge deductibles, was to just put $500 in a dedicated account each year - unless you had a 3 story house or bad soil conditions.

That said, I now have earthquake on one property.
by malloc
Sat Nov 30, 2013 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property Question
Replies: 16
Views: 2315

Re: Rental Property Question

"Find a need and fill it" You are in the military and own income property. Apparently you are not alone, and there are many others with the same problem. Would you consider starting a management firm aimed at solving this problem for others? After retirement? Restricted only to areas you are familia...
by malloc
Sat Nov 02, 2013 9:12 pm
Forum: Personal Consumer Issues
Topic: Experience with vinyl covering for the eaves of your house?
Replies: 4
Views: 1133

Re: Experience with vinyl covering for the eaves of your hou

I have no intention of covering termite damage that I know about. I understand that it is recommended that you have the eaves inspected/treated before installing the vinyl covers. What I am worried about is termite damage after the vinyl is installed. Presumably a termite inspection after installati...
by malloc
Sat Nov 02, 2013 2:27 pm
Forum: Personal Consumer Issues
Topic: Experience with vinyl covering for the eaves of your house?
Replies: 4
Views: 1133

Experience with vinyl covering for the eaves of your house?

Does anyone have experience with vinyl panels which cover up the eves of a house?

Does they hide termite problems?

Does they cause color matching problems when you paint?

Does they look tacky?

Or are they trouble free and look great?

Malloc
by malloc
Sat Nov 02, 2013 2:16 pm
Forum: Investing - Theory, News & General
Topic: The Savings Rate
Replies: 75
Views: 29518

Re: The Savings Rate

What is a "raise"???