Search found 3365 matches

by Ged
Wed Feb 21, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Tiny Windfall But Big Help
Replies: 9
Views: 981

Re: Tiny Windfall But Big Help

I agree with getting rid of the car loan. It's such a great psychological high to pay off something like that.

But you have to redirect the former car payments to either your EF or 401K rather than lifestyle creep.
by Ged
Sun Feb 18, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 6704

Re: Sell me on the benefits of an emergency fund

To me an emergency fund always meant having outside my IRA/401K in something other than equities that I could use in case of something like a period of unemployment or similar unexpected immediate need. The main thing is to avoid IRA early withdrawal or sale of equities at a bad time. That to me is ...
by Ged
Sat Feb 17, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 10591

Re: What has been your most important skill in achieving financial independence?

sonofdelrinson wrote:
Sat Feb 17, 2018 12:57 pm
Ged wrote:
Sat Feb 17, 2018 12:55 pm
Marrying a smart frugal hard working woman.
Any advice on that front? :D
I found mine in graduate school. At the time she was on a prestigious scholarship for her tuition, and working odd jobs to pay for room and board.
by Ged
Thu Feb 15, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 131
Views: 9266

Re: What big item (>20k) are you saving up for?

End of life care.
by Ged
Thu Feb 15, 2018 5:21 pm
Forum: Investing - Theory, News & General
Topic: Quick question how to use cape10 to estimate returns
Replies: 9
Views: 544

Re: Quick question how to use cape10 to estimate returns

jmk wrote:
Thu Feb 15, 2018 4:59 pm
I'm talking about using Cape10 for a long-term (15-20y) forecast of expected returns.
The error bands on such an estimate would be immense.
by Ged
Wed Feb 14, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 3916

Re: Going Paperless Issues

My wife and I are trying to go completely paperless for our bills and payments and all our expenses. We are trying to get rid of all the bills that come in the mail and convert them to e-bill and e-pay of some sort. But this is proving harder than we expected. So now we have question how to do vari...
by Ged
Tue Feb 13, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest funds from home sale?
Replies: 17
Views: 1050

Re: Where to invest funds from home sale?

Yeah, this year everything just got hit with correction/interest rates, so price is down, but still getting the dividends each month. It's a pretty large and diversified portfolio, which should hopefully keep risk in check, not to mention the fund is absolutely humongous. But yeah, we'll see what h...
by Ged
Tue Feb 13, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 116
Views: 10573

Re: Anybody else Age - 10 in bonds, rest in stocks

ksualum wrote:
Mon Feb 12, 2018 8:18 pm
So Ged can I ask what % you are now? 60/40?
I am 68 years old, and target 50/50. I plan to go to 60/40 when I start taking SS at age 70.
by Ged
Mon Feb 12, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: realized startup equity / schwab private client
Replies: 15
Views: 786

Re: realized startup equity / schwab private client

Do you have any evidence of the existence of an inflection point?

If there is what makes you think it's less then $3 Million? Many Bogleheads have amounts exceeding that.
by Ged
Mon Feb 12, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 116
Views: 10573

Re: Anybody else Age - 10 in bonds, rest in stocks

I did at one time use this guideline. I think it's good pre-retirement.

In retirement not so much. Circumstances vary a lot. For example if your needs are met and you are really managing a bequest a bit more growth is likely to work out better.
by Ged
Mon Feb 12, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Anyone have a Walabot (imaging sensor for wires, pipes, studs in walls)?
Replies: 17
Views: 1781

Re: Anyone have a Walabot (imaging sensor for wires, pipes, studs in walls)?

brennok wrote:
Sun Feb 11, 2018 11:48 pm
Fakespot gives it an F.
https://www.fakespot.com/product/walabo ... ls-android
Oh nice. Fakespot is now in my shortcut list. Thanks.
by Ged
Sun Feb 11, 2018 1:06 pm
Forum: Personal Consumer Issues
Topic: Anyone have a Walabot (imaging sensor for wires, pipes, studs in walls)?
Replies: 17
Views: 1781

Re: Anyone have a Walabot (imaging sensor for wires, pipes, studs in walls)?

Reviews on Amazon are very bimodal. Either gushing or negative. That can be a sign of fake reviews. If I was going to purchase it I'd be sure I could return it. Note that it's not sold by Amazon, only fulfilled by Amazon. Also check out the comments on this review: https://www.askthebuilder.com/wala...
by Ged
Sat Feb 10, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring soon.....401K vs rollover to IRA?
Replies: 16
Views: 968

Re: Retiring soon.....401K vs rollover to IRA?

If your former employer should run into financial difficulties, be acquired and even perhaps enter bankruptcy money in a 401K could be frozen for some period of time.

There are some horror stories out there.

https://thelawdictionary.org/article/im ... -bankrupt/
by Ged
Sat Feb 10, 2018 12:11 am
Forum: Investing - Help with Personal Investments
Topic: Help with understanding Bonds
Replies: 5
Views: 514

Re: Help with understanding Bonds

Why then would people move out of equities and into bonds in a bear market? Looking at a total bond fund with Vanguard to even up my taxable account....wanted to know if pullback in stocks is a time to buy bonds. 1. Equities go down much more than bonds do in a bear market. Sometimes bonds will eve...
by Ged
Fri Feb 09, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4906

Re: I didn't tax-loss harvest this month, did you?

Nope. The only loss I have is VXUS in an IRA.
by Ged
Thu Feb 08, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Volatility as a cause of volatility?
Replies: 18
Views: 1150

Re: Volatility as a cause of volatility?

The question is: what is causing all the talk about volatility?

I would proffer these two reasons:

1. More air time to fill up because of the internet.
2. volatility.
by Ged
Thu Feb 08, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: Are Banks Worthless [to invest equity in]?
Replies: 32
Views: 2748

Re: Are Banks Worthless?

The only purpose they serve for me is providing a safe deposit box. Sure there's the occasional service like medallion signature guarantee letter, otherwise zip... Yes. Except for those purposes I have not directly used a bank in the last decade. Indirectly I believe that my cash holdings at Fideli...
by Ged
Thu Feb 08, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Goldmoney?
Replies: 19
Views: 875

Re: Does anyone use Goldmoney?

Gold vs the Dollar is very volatile. I would think this is a quite risky proposition. Then there is the issue that gold isn't as good a hedge against inflation as some other instruments. https://www.bloomberg.com/news/articles/2016-05-05/gold-s-not-the-inflation-hedge-everyone-thinks-it-is-chart The...
by Ged
Wed Feb 07, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Retired or close to it -- what do you hold in bond portion?
Replies: 41
Views: 3982

Re: Retired or close to it -- what do you hold in bond portion?

Retired for 6 years (68). Delayed SS. 50/50 with 2 years expenses in short term bonds.

Once I hit 70 I plan to go to 60/40 as pensions and SS will be enough.
by Ged
Wed Feb 07, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on getting advice, SS/Medicare/allocation
Replies: 22
Views: 1051

Re: Need advice on getting advice, SS/Medicare/allocation

palaheel wrote:
Wed Feb 07, 2018 1:45 pm
https://www.ncdoi.com/SHIIP/Default.aspx
The great thing about SHIIP is that you can make an appointment with a counselor and go in for a personal advice session.

You may find it very worthwhile.
by Ged
Wed Feb 07, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: market downturn
Replies: 13
Views: 989

Re: market downturn

I'm 68 and 50/50 as well.

I may actually go to 60/40 when I start taking SS. My kids will benefit from the growth.

I don't think I'd go below 30/70 even if I had $10M
by Ged
Wed Feb 07, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Need advice on getting advice, SS/Medicare/allocation
Replies: 22
Views: 1051

Re: Need advice on getting advice, SS/Medicare/allocation

Many thanks for the responses. "Medicare for Dummies" sounds like a great book for us. I'm so clueless on Medicare that I don't know the questions to ask. I work for the State (NC), and we'll be covered by our State health plan when I turn 65. One option I have is to work long enough to be able to ...
by Ged
Tue Feb 06, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: Old mechanical pencils
Replies: 11
Views: 1947

Re: Old mechanical pencils

Are you sure it's 11mm? That's almost 1/2 inch.

I'd think 1.1mm would be more reasonable.

Amazon has an offering for that size.

https://www.amazon.com/Rite-Rain-All-We ... 00MX644VA/
by Ged
Tue Feb 06, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Where to keep money to get to Social Security at age 70?
Replies: 14
Views: 1237

Re: Where to keep money to get to Social Security at age 70?

Friends, I'm deferring Social Security to age 70 which is 5 years from now. Recently retired. I have my traditional IRA in the VSMGX (Vanguard Life Strategy Moderate Growth) fund which has an asset allocation of 60/40. I plan to keep the 60/40 allocation forever. I'm comfortable with that. At age 7...
by Ged
Tue Feb 06, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Where would you tell a 12 year old to park his money
Replies: 32
Views: 1838

Re: Where would you tell a 12 year old to park his money

Investing life lessons should be a model of the future. I'd put $1000 in a diversified fund and the $400 in some fixed investment. Then teach re-balancing.
by Ged
Sat Feb 03, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Cheapest funeral options
Replies: 40
Views: 3021

Re: Cheapest funeral options

This whole thing about burying the corpse seems macabre to me. Thanks for reminding me to put cremation as my preference in my last letter.
by Ged
Fri Feb 02, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: How to receive large payment for a boat, PayPal vs Wire
Replies: 31
Views: 1972

Re: How to receive large payment for a boat, PayPal vs Wire

I would not use PayPal. Their policies are derived from their long association with EBay and are designed to protect buyers against defective goods delivered by mail. Their fees are also quite significant. Sellers on EBay are aware of this and price their goods in order to cover losses associated wi...
by Ged
Fri Feb 02, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 3486

Re: Multiple bank accounts - am I crazy?

I like to have at least two - credit cards and bank accounts in case something goes wrong with one of them. This I understand. But not 5. I have 2credit cards. 1 checking. One money market. Some people hate to cancel their oldest credit card because it can lower their credit rating. I have an old o...
by Ged
Fri Feb 02, 2018 5:48 pm
Forum: Personal Consumer Issues
Topic: WHY do wireless routers need periodic reboots?
Replies: 117
Views: 8708

Re: WHY do wireless routers need periodic reboots?

DaftInvestor wrote:
Fri Feb 02, 2018 5:19 pm
I've got an Asus router. I shut it down a couple of years ago when I went on a long vacation (forgot last time) but other than that and an occasional power outage - it just keeps running. I have NEVER had to reboot it.
My Asus gets rebooted when I upgrade the firmware. Otherwise never.
by Ged
Fri Feb 02, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 3486

Re: Multiple bank accounts - am I crazy?

I like to have at least two - credit cards and bank accounts in case something goes wrong with one of them.
by Ged
Fri Feb 02, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Does a "crypto ready" permanent portfolio exist?
Replies: 13
Views: 736

Re: Does a "crypto ready" permanent portfolio exist?

Crypto is like the word wide web in 1993. A lot of potential, but rubbish to actually use. I would not touch crypto with a stick right now, but on the other hand I see the potential disruption to traditional currencies & the financial system as a whole. How many of those 1993 internet companies are...
by Ged
Fri Feb 02, 2018 11:02 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 162
Views: 16643

Re: Bitcoin in Freefall

Re deanmoriarty's comment. Why do bitcoin websites and bitcoin enthusiasts always use linear instead of semilog charts? It strange considering that of all the financial things I've looked at, cryptocurrency is the one that most needs a semilog scale. In fact "strange" isn't strong enough; "inexplic...
by Ged
Wed Jan 31, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 23676

Re: 401k millionaires

One can often roll over IRAs to 401(k). In fact if one wants to do Roth conversions this is recommended. I see too many other confounding variables to consider this stat much more than a curiosity. Hmmm.... If one does that, is it considered a part of the 401k? Does the legal benefit of a 401k appl...
by Ged
Sun Jan 28, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: which funds to buy with $ 100,000
Replies: 12
Views: 1011

Re: which funds to buy with $ 100,000

A good quick answer:

Sell everything and put it along with your 100K in the Target Retirement Fund.
by Ged
Sat Jan 27, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: Robert Shiller: Stock Market Like 1928
Replies: 57
Views: 6543

Re: Robert Shiller: Stock Market Like 1928

My take? We are getting near the top of this stock market cycle. Unfortunately, that observation doesn't help much, because the top could be 50% up from here. Indeed. The top in 2000 (measured by CAPE) was 30%+ from here. Also some argue the current CAPE ratio is misleading because it includes some...
by Ged
Thu Jan 25, 2018 11:33 am
Forum: Personal Consumer Issues
Topic: Board game for 3 year old
Replies: 36
Views: 1677

Re: Board game for 3 year old

Amazing how good little one’s memories are, they can blow me out of the water at age 3. Good grief. They are learning at a ferocious rate at that age. One on the most amazing demonstrations of that I've seen was PET scans of an adult vs a young child's brain using labelled glucose. The brightness o...
by Ged
Mon Jan 22, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Dust is settling.. feedback on what's next
Replies: 17
Views: 2001

Re: Dust is settling.. feedback on what's next

From the above referenced link is a prioritized list. I think it makes a lot of sense. 0. Establish an emergency fund to your satisfaction 1. Contribute to your 401k up to any company match 2. Pay off any debts with interest rates ~5% or more above the 10-year Treasury note yield. 3. Max HSA 4. Max ...
by Ged
Mon Jan 22, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 56
Views: 5775

Re: Vanguard will use blockchain to share index data

Here is symbiont.io 's description of how CRSP and Vanguard are using their software. https://symbiont.io/solutions/index-data-distribution Source code for a demo version of their software is here. https://github.com/symbiont-io/assembly-sdk Ron Thanks for the reference. It seems to me that the imp...
by Ged
Sun Jan 21, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: What's a good file sync software?
Replies: 14
Views: 963

Re: What's a good file sync software?

Arq. While it is mostly intended for cloud backup it works well across local drives too. Plus it provides versioning, a very important feature. The encryption is nice too if you plan to say keep a drive in a safe deposit box.

https://www.arqbackup.com/
by Ged
Sun Jan 21, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 8314

Re: Fear of dying with too much money?

Not at all.

Not everyone in my family is as fortunate as I am. Whatever I leave will be put to good use.
by Ged
Sat Jan 20, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Considering a LG 55" OLED TV
Replies: 50
Views: 4963

Re: Considering a LG 55" OLED TV

Don't even bother with that remote. Take the batteries out and unpair it. It's bluetooth and paired with the TV. Who thought of that I don't know.

Get a couple of IR universal remotes. So long as the LG is unpaired they should work.
by Ged
Sat Jan 20, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: cheaper shipping/postage?
Replies: 6
Views: 397

Re: cheaper shipping/postage?

I bought one of these about 5 years ago. Works quite well. https://www.amazon.com/gp/product/B0076BXEVI I love printing my own postage because it avoids PO lines and I can drop off what I'm mailing any time, not constrained to PO hours. I used it a lot when I did some de-cluttering. Sold a bunch of ...
by Ged
Sat Jan 20, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA
Replies: 30
Views: 1947

Re: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA

What is the time frame? 30-40 years?

When I started investing 40 years ago the S&P was around 90. Economic cycle market fluctuations are not important over that kind of time scale.
by Ged
Sat Jan 20, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: Recommend an A.C. powered auto tire inflator
Replies: 43
Views: 2559

Re: Recommend an A.C. powered auto tire inflator

The air tank already has 2 gauges, tank pressure and outlet pressure. Why do you need this gizmo? j :D Well the max pressure marked on the front (or is it rear?) tires on my tractor is 10 psi. That's half the minimum reading of 20 psi on the outlet gauge of the regulator that came with the compress...
by Ged
Fri Jan 19, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Recommend an A.C. powered auto tire inflator
Replies: 43
Views: 2559

Re: Recommend an A.C. powered auto tire inflator

Porter Cable 6 Gal. 150 PSI Portable Electric Pancake Air Compressor $99 Porter cable air staplers, smaller nail guns, brad nailers. Air tools. Air tool for blowing out dirt/dust from engine compartment, computer innards (carefully), etc, etc. Be sure to open drain valve and drain condensate water ...
by Ged
Thu Jan 18, 2018 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance !! Moving From Morgan Stanley ...
Replies: 9
Views: 1122

Re: Inheritance !! Moving From Morgan Stanley ...

You want to get into a broker that will offer you a set of low fee index funds without trading fees, such as Fidelity, Vanguard etc. Trading in the stocks for mutual funds will incur capital gains taxes on the stock's value increase since your father's death. The longer you delay the more this will ...
by Ged
Thu Jan 18, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Premium gas at BJ's for Mercedes
Replies: 42
Views: 2141

Re: Premium gas at BJ's for Mercedes

The additives will be mostly, or completely flammable materials. There will be a number of compounds in the additive. Handling flammable materials, particularly in public, is a highly regulated activity. Given the typical highly educated work staff at gas stations, I'm thinking this "additive addit...
by Ged
Wed Jan 17, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: likely date for a bitcoin crash: does this make sense to you?
Replies: 114
Views: 10118

Re: likely date for a bitcoin crash: does this make sense to you?

likely date for a bitcoin crash What I've been wondering.....there are companies accepting Bitcoin as payment. What happens to these companies (and ultimately the markets) when Bitcoin crashes...? Some companies have stopped accepting Bitcoin because of the volatility. https://cointelegraph.com/new...