Search found 310 matches

by mmcmonster
Sun Apr 14, 2019 11:46 am
Forum: Investing - Theory, News & General
Topic: Post your Investment Policy Statement IPS here
Replies: 62
Views: 64550

Re: Post your Investment Policy Statement IPS here

My IPS is a set of simple rules: 1 - Every Saturday and on the last day of each month update my spreadsheet of all my investments. Then save it as a .PDF in a folder as a permanent record (the spreadsheet becomes my own personalized statement). The speadsheet keeps track of my asset allocation, my e...
by mmcmonster
Sat Apr 13, 2019 6:14 am
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 2969

Re: Received wrong vaccine...

motorcyclesarecool wrote:
Sat Apr 13, 2019 5:51 am
It seems that a safe bet would be to assume every medical professional is a quack or incompetent until proven otherwise. The first medical mistake I suffer might be my last, after all.
And they wonder why physician burnout rates are so high. :?
by mmcmonster
Wed Apr 10, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: How Much Do You Pay For Haircut?
Replies: 115
Views: 6288

Re: How Much Do You Pay For Haircut?

$15 plus a $5 tip at the local SuperCuts. No appointment, I just get whoever is available.

I should probably go every three weeks but end up going roughly every 4-6 weeks.

I give a straight tip (regardless of who does it) since they all seem nice.
by mmcmonster
Sun Apr 07, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Wood vs Laminate Flooring
Replies: 56
Views: 4194

Re: Wood vs Laminate Flooring

Have you ever heard of anyone ripping out real hardwood floors and installing laminate? Me neither. Go with wood. Heh. My parents had wall-to-wall carpeting throughout their house. My wife and I urged them through the years to pull that old stuff out and put in hardwood. They refused until they wer...
by mmcmonster
Sun Apr 07, 2019 6:19 am
Forum: Personal Investments
Topic: Hit your number, retire and boom a correction?
Replies: 67
Views: 7952

Re: Hit your number, retire and boom a correction?

His thirty year retirement data would end 30 years before the current date, but he added on the data starting over from 1926, so his hypothetical year 2000 retirees experienced the 2000 Crash, went through the 2008 Crash to 2014 numbers, then back to 1926 data, and into the Great Depression, ending...
by mmcmonster
Sat Mar 30, 2019 6:26 am
Forum: Personal Investments
Topic: How often do you check your accounts?
Replies: 53
Views: 2959

Re: How often do you check your accounts?

Every weekend I update my account balances for my savings and checking accounts on a spreadsheet I keep. At the same time I will log into all my investment accounts and update my balances on a second spreadsheet. At the end of each month I will create a .pdf of this spreadsheet which acts as my pers...
by mmcmonster
Thu Mar 28, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: 17 out of 18 American Funds have beaten the index
Replies: 63
Views: 4662

Re: 17 out of 18 American Funds have beaten the index

Greenman72 has told us in another post that they are an advisor. [...]After 2002 and 2008, the percent of people investing is down. They'd be better off even using an advisor and American Funds. Better off if they can be assured there's no front loading. From investopedia: https://www.investopedia....
by mmcmonster
Thu Mar 28, 2019 7:08 am
Forum: Investing - Theory, News & General
Topic: How much $$ would it take for you walk away from investing?
Replies: 45
Views: 4102

Re: How much $$ would it take for you walk away from investing?

The title of this thread asks a silly question. If I had lots of money, I would keep on investing. I might increase my allocation from 60/40 to 80/20. I certainly would not hold years of living expenses in cash or cash equivalents. Agree. In fact, a more interesting question would be "How much $$ w...
by mmcmonster
Tue Mar 26, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 68
Views: 5672

Re: Apple Card

It's a good card, not amazing, but good. It's NOT AIMED AT BOGLEHEADS OR CHURNERS who want to milk every benefit out of every card or pay off your balance each month. The differentiating factors -security and privacy: many people on this board don't seem to care, but I do -2% cash back is good: the...
by mmcmonster
Mon Mar 25, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Lock Strategy for New House
Replies: 40
Views: 2672

Re: Lock Strategy for New House

Anyone—if they want to badly enough—can break into your house. I want them to pick another house. Agree 100%. I'm not into dogs, though. I've got: 1. Good lighting all around the house that comes on automatically 1/2 hour before sunset until a random time between 10:30-11:30pm. 2. Lorex night-visio...
by mmcmonster
Mon Mar 25, 2019 5:24 am
Forum: Personal Consumer Issues
Topic: Has anyone used Heal? [Doctor housecall app]
Replies: 32
Views: 2308

Re: Has anyone used Heal? [Doctor housecall app]

Later I Googled the doctor and learned he is a Fellow in Gastronenterology at UCSF. Definitely higher quality than what I would have received at my local urgent care. Still scratching my head at how this could be sustainable. Many fellows make less than $60,000/year. Fellows are "post graduate year...
by mmcmonster
Sun Mar 24, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Do you trust/use your bank’s mobile app
Replies: 34
Views: 1678

Re: Do you trust/use your bank’s mobile app

Yes and yes. It's probably safer than a PC. And that's the truth for most of us. You're much less likely to get a trojan/virus on your phone than on your PC. (Though if your PC is running MacOS or Linux/Unix you're probably fairly safe.) That being said, I use the Wells Fargo and Vanguard apps for ...
by mmcmonster
Mon Mar 11, 2019 7:42 am
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 74
Views: 6843

Re: Time to buy Boeing?

Tony-S wrote:
Mon Mar 11, 2019 7:36 am
There's already a lengthy thread about Boeing.
And here is the other thread: viewtopic.php?p=4406340

Why do people keep asking about Boeing? Do they think they know more about the company than everyone else in the market?
by mmcmonster
Wed Feb 27, 2019 4:09 pm
Forum: Personal Consumer Issues
Topic: Word crashes on startup
Replies: 24
Views: 1073

Re: Word crashes on startup

Yeah, seems every time I want to use some element of our Microsoft Office suite the program has to go through gyrations. Perhaps it is time to replace our current version of Microsoft Office 2007. It is time to renew after 11-12 years. I think we have gotten our money's worth from our software.I Br...
by mmcmonster
Thu Feb 21, 2019 6:00 am
Forum: Personal Consumer Issues
Topic: Answering income question in a survey
Replies: 35
Views: 2706

Re: Answering income question in a survey

I've never had an issue putting salary down in an anonymous survey.

Only question I balk at is net worth and similar. And for those I generally put 1 or 2 levels below where I actually am. Figure it's close enough without getting targeted (in case it's not as anonymous as I thought).
by mmcmonster
Mon Feb 18, 2019 6:07 am
Forum: Personal Finance (Not Investing)
Topic: What net worth supersedes Bogleheads’s strategy
Replies: 123
Views: 10284

Re: What net worth supersedes Bogleheads’s strategy

I think the op asks a valid question but it’s being misinterpreted... He is looking for/at the average joe that lives off BH principles. Not a successful business owner, not someone that inherited lots of money, not even a high paid professional (doctor). The Midwest family, two incomes, perhaps ma...
by mmcmonster
Sun Feb 17, 2019 7:54 am
Forum: Personal Consumer Issues
Topic: Blu-Ray drives vs DVD drives for data storage and archiving
Replies: 59
Views: 2691

Re: Blu-Ray drives vs DVD drives for data storage and archiving

This is a problem solved in the Big Data realm. And the solution is LTO archival tape. Find a system that works for you should take ~10 minutes of googling. 30 seconds on google found this 2.5TB tape ( https://www.amazon.com/Sony-Linear-0-85-Inch-Internal-LTX2500G/dp/B00ARHKUZG/ref=sr_1_3?keywords=t...
by mmcmonster
Wed Feb 13, 2019 3:29 pm
Forum: Personal Consumer Issues
Topic: Cord Cutting- Hulu Live TV Review and Questions
Replies: 40
Views: 2974

Re: Cord Cutting- Hulu Live TV Review and Questions

Slightly off topic since you are looking for paid services and premium channels. Locast ( https://www.locast.org/ ) is a nonprofit that will let you view broadcast channels on your device for free if you live in the viewing area of the broadcaster. You just need to create a free username/password co...
by mmcmonster
Mon Feb 11, 2019 1:29 pm
Forum: Personal Consumer Issues
Topic: On demand electric water heater
Replies: 34
Views: 1983

Re: On demand electric water heater

I have a Rinnai tankless water heater ( https://www.rinnai.us/tankless-water-heater ) that we installed while building our house. It heats via propane so it just needs a standard electrical outlet to work. In any given room it takes ~ 3 seconds for hot water to come out of the faucet if it hasn't be...
by mmcmonster
Sun Feb 10, 2019 7:44 pm
Forum: Personal Consumer Issues
Topic: Can solar be worth it??
Replies: 77
Views: 6924

Re: Can solar be worth it??

First of all, put your address in here to get a rough idea: https://www.google.com/get/sunroof#p=0 Second, I got Tesla/SolarCity solar panels and PowerWall battery backup. For me, in North East PA, the estimate is ~12 year break even. With the inverters generally lasting ~15 years and the panels rat...
by mmcmonster
Sat Feb 09, 2019 4:29 pm
Forum: Personal Investments
Topic: Which fixed income ? Total Bond, Treasury, Inflation Protected
Replies: 32
Views: 2479

Re: Which fixed income ? Total Bond, Treasury, Inflation Protected

In my tax advantaged accounts I have a mix of Vanguard Total Bond Index Fund and Vanguard Intermediate Term Treasury Fund. In my taxable account I have a mix of Vanguard (insert-my-state-name) Long-Term Tax-Exempt Fund and Vanguard Intermediate-Term Tax Exempt Fund. The more bonds I have in taxable ...
by mmcmonster
Sat Feb 09, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Buying house with son [and his girlfriend]
Replies: 169
Views: 5762

Re: Buying house with son

Yes his GF is involved but must sign an agreement that stipulates the house must be sold immediately if they split up before marriage. Mortgage insurance will handle death. If they lose their jobs the house will be sold and they would rent. Thank you. reggie Some people just split up for a couple w...
by mmcmonster
Sun Feb 03, 2019 2:41 pm
Forum: Investing - Theory, News & General
Topic: MSCI was forced to add China into its emerging market index...
Replies: 23
Views: 1990

Re: MSCI was forced to add China into its emerging market index...

China makes up 6.8% of Vanguard Total International Stock Index Fund. https://advisors.vanguard.com/web/c1/fa ... 3/overview

Not sure how much the volatility in the fund is due to China. Pretty sure I'd be uncomfortable with the fund if China was a larger percentage of it.
by mmcmonster
Sun Feb 03, 2019 7:32 am
Forum: Personal Consumer Issues
Topic: Subwoofer for music recommendations
Replies: 17
Views: 1083

Re: Subwoofer for music recommendations

Also prefer to stay below $500. [...] Any recommendations would be appreciated. Just the obvious: Stay strictly below your price ceiling. You have many great options under $500. There's no need to go higher. The trade magazines (and review websites) are garbage and pander to whoever gave them their...
by mmcmonster
Fri Feb 01, 2019 7:54 am
Forum: Personal Investments
Topic: High Earners Mostly Use Taxable Accounts?
Replies: 167
Views: 13610

Re: High Earners Mostly Use Taxable Accounts?

Whoa. Why $60k? Why 8 years? The most expensive colleges now are ~$60k/year. Assuming 4 years undergraduate and 4 years medical school and increasing university costs from now until they're done (the kids are now 12 and 15 years old), it's not an entirely unreasonable projection. As I said, I'd lik...
by mmcmonster
Fri Feb 01, 2019 5:57 am
Forum: Personal Investments
Topic: High Earners Mostly Use Taxable Accounts?
Replies: 167
Views: 13610

Re: High Earners Mostly Use Taxable Accounts?

Whoa. Why $60k? Why 8 years? The most expensive colleges now are ~$60k/year. Assuming 4 years undergraduate and 4 years medical school and increasing university costs from now until they're done (the kids are now 12 and 15 years old), it's not an entirely unreasonable projection. As I said, I'd lik...
by mmcmonster
Thu Jan 31, 2019 5:55 am
Forum: Personal Investments
Topic: High Earners Mostly Use Taxable Accounts?
Replies: 167
Views: 13610

Re: High Earners Mostly Use Taxable Accounts?

Whoa. Why $60k? Why 8 years? The most expensive colleges now are ~$60k/year. Assuming 4 years undergraduate and 4 years medical school and increasing university costs from now until they're done (the kids are now 12 and 15 years old), it's not an entirely unreasonable projection. As I said, I'd lik...
by mmcmonster
Wed Jan 30, 2019 9:24 am
Forum: Personal Investments
Topic: High Earners Mostly Use Taxable Accounts?
Replies: 167
Views: 13610

Re: High Earners Mostly Use Taxable Accounts?

We currently have a lot of expenses on two young toddlers so hopefully our retirement number is overshooting what we really need. Maybe we are being too conservative with our estimates (better than being short?). My kids are 12 and 15. Wife is very concerned about how much full higher education is ...
by mmcmonster
Sun Jan 27, 2019 8:03 am
Forum: Personal Consumer Issues
Topic: Desktop Computer (home): Do you leave it "On" or turn "off" after using?
Replies: 77
Views: 4662

Re: Desktop Computer (home): Do you leave it "On" or turn "off" after using?

As with many others on this thread, I run Linux (Linux Mint Cinnamon) on my desktop. It's a file server for the rest of the house (media I've ripped and created over the years), so it's on 24x7. I haven't turned it off in years. There's always a slight concern that issues will develop from a cold st...
by mmcmonster
Fri Jan 25, 2019 6:25 am
Forum: Personal Finance (Not Investing)
Topic: No Children, what will your legacy be?
Replies: 118
Views: 8860

Re: No Children, what will your legacy be?

I have kids, but if I didn't I would certainly pick up a few charities and other areas of local life that aren't well funded. My local NPR station. A few libraries that I would visit. etc. Probably wouldn't give it to a college unless it was in the 7+ figure range... Perhaps to a middle school or hi...
by mmcmonster
Mon Jan 21, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: 1980s Vacuums vs Today
Replies: 27
Views: 2816

Re: 1980s Vacuums vs Today

HueyLD wrote:
Mon Jan 21, 2019 7:33 pm
NewOldGuy wrote:
Mon Jan 21, 2019 5:11 pm
Nothing sucks like a Kirby. Has an aggressive brush tho.
So, should I buy the suckiest vacuum I can find?
Another option is to move into a house with central vac. It's an aggressive move, but well worth it.

Once you go central, you can't believe you lived without it.
by mmcmonster
Mon Jan 21, 2019 6:16 am
Forum: Personal Consumer Issues
Topic: What to do this weekend in Tokyo?
Replies: 19
Views: 1488

Re: What to do this weekend in Tokyo?

Weekend's over, but I always find something unusual to do wherever I visit by looking it up in Atlas Obscura. https://www.atlasobscura.com/things-to-do/tokyo-japan
by mmcmonster
Mon Jan 21, 2019 6:05 am
Forum: Personal Investments
Topic: Muni Bonds for large part of Bond allocation smart?
Replies: 32
Views: 3401

Re: Muni Bonds for large part of Bond allocation smart?

In general, it looks like you're doing fantastic. I think you should keep the Roth full of Total Stock Market +/- International. Fill your 401k and other tax advantaged spaces will Total Bond Market. If you need more bonds, keep the municipal bonds in your taxable account. That's what I do. As for w...
by mmcmonster
Sun Jan 20, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: Stressless Recliners
Replies: 40
Views: 23159

Re: Stressless Recliners

We have a few stressless products. A total of 4 sofas, a recliner, and a loveseat (in the family and basement). One of the sofas has a high back and reclining seating. They are all extremely comfortable and clearly the best in their category of anything I've ever sat in. They're crazy expensive and ...
by mmcmonster
Wed Jan 16, 2019 6:40 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 50423

Re: John Bogle is dead at 89

Rest in peace, great sir.

I cannot thank you enough. Your ideas have helped so many hard workers have the opportunity to have a comfortable and less stressful retirement.
by mmcmonster
Wed Jan 16, 2019 6:25 am
Forum: Personal Consumer Issues
Topic: Gillette Mach 3 alternatives
Replies: 81
Views: 6886

Re: Gillette Mach 3 alternatives

A while back my wife bought me a 96 pack of Gillette razors from BJs. It was on sale. :D I wouldn't say they're a lifetime supply, but I've still got a lot to go through. I basically keep using the same one until it gives me either a nick or starts burning when I shave. One will last me ~2 weeks, I ...
by mmcmonster
Tue Jan 15, 2019 6:16 am
Forum: Personal Consumer Issues
Topic: Funniest movies of all time? Name five of your favorites...
Replies: 220
Views: 31406

Re: Funniest movies of all time? Name five of your favorites...

Movies that I still find hilarious (and well written) after watching more than 5 times: Groundhog's Day - Interestingly enough, it's probably in my top 5 science fiction movies of all time as well. Dr. Horrible's Sing-Along Blog - Has a hilarious soundtrack with all the songs! The Man Who Knew Too L...
by mmcmonster
Fri Jan 11, 2019 6:16 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16556

Re: Around 43K in dividends last year - feel good about it ?

Should I still be happy to see a positive flow that would hopefully keep going up or atleast stay steady barring a big economic downturn? On the one hand it's less efficiency than if you didn't get the dividends (as others said), but... On the other hand it's a sign that you've got enough investmen...
by mmcmonster
Tue Dec 25, 2018 7:35 am
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 251
Views: 22416

Re: Whose buying today? where's all the "dry powder" folks at? :)

I'm saving up to put $$$ in the kids 529 plan in January. So I'll be buying a chunk on 20190101. Also, I've got some cash vesting out of a 457(f) that I'll get in my first January paycheck. I'll be buying more as soon as that lands. All rebalancing towards my set allocation strategy. (68% stock/32% ...
by mmcmonster
Sat Dec 15, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Rate of Return on Vanguard Phone App
Replies: 2
Views: 490

Rate of Return on Vanguard Phone App

So I've been using the Vanguard iPhone phone app to figure out the rate of return for my taxable vanguard account. I just set the timespan to 1 year and it gave me the following results: Time: 12/1/2017-12/14/2018 Returns: -$16,956 Rate of Return: 4% Market gain/loss: -$60,522 Income Return: $43,565...
by mmcmonster
Mon Dec 03, 2018 6:03 am
Forum: Personal Consumer Issues
Topic: Quality Kitchen Faucet Recommendations?
Replies: 36
Views: 2929

Re: Quality Kitchen Faucet Recommendations?

I have Moen faucets and shower fixtures. After about 5 years the shower fixtures started to leak. We bought replacement cartridges at Home Depot which lasted a couple years. We then emailed Moen. They sent us cartridges free of charge. The ones sold at Home Depot (Moen branded) were mostly plastic. ...
by mmcmonster
Fri Nov 30, 2018 6:15 am
Forum: Personal Consumer Issues
Topic: Comic books
Replies: 22
Views: 2482

Re: Comic books

You may want to keep a few of your favorites and get frames (cheap on Michaels.com: https://www.michaels.com/default/10146378.html) and put them up as wall art. This was a small basement project I had for a weekend a couple years ago. It always elicits comments from people visiting. :beer http://i66...
by mmcmonster
Sun Nov 25, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: You’re Not As Rich As You Think You Are, And That’s Okay
Replies: 20
Views: 6134

Re: You’re Not As Rich As You Think You Are, And That’s Okay

Stormbringer wrote:
Sun Nov 25, 2018 12:03 pm
[...]Despite this, each of the three gives the owner a "net worth" of $100 million on paper. The net worths are equal, but some net worths are more equal than others.
This reminds me of my financial friend telling me that his company considered people "wealthy" if they had $10million in liquidity.
by mmcmonster
Sun Nov 18, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15564

Re: Black Friday 2018

Not a single thing. the older we get, the more we cut back on "things." We have a general rule - if you buy one thing you have to give away/throw away/recycle at least two things. Same rule is enforced at this semi-boglehead's house. TravelforFun I always have that as my plan. The kids have other t...
by mmcmonster
Sun Nov 18, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: parents buying home for sibling
Replies: 44
Views: 5804

Re: parents buying home for sibling

My standpoint (as just a guy on the internet) is that this clearly falls in the category of "not your problem". Let the chips fall where they may. You're out of the picture (since you live in another state) and clearly are self-sufficient. While a lot of bad outcomes may happen, there's little that ...
by mmcmonster
Sun Nov 18, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2707

Re: Understanding the difference in cell phone OS types

[...]I kept ios7.1 for years because it pre-dated Apple's "battery throttling" intended for users to think they needed a new phone as it slowed down. My ios7.1 iPhone 4s never slowed down and compared to my kids' newer iPhones was screaming fast as they were throttled. [...] Just to correct a misco...
by mmcmonster
Fri Nov 09, 2018 11:11 am
Forum: Forum Issues and Administration
Topic: User surge at 3:07AM?
Replies: 5
Views: 1587

Re: User surge at 3:07AM?

That would be Saturday mornings ~ 9am in England. Maybe they're reading the forum with their morning tea and biscuit? :D
by mmcmonster
Thu Nov 08, 2018 6:02 am
Forum: Personal Consumer Issues
Topic: Updating Microsoft Word
Replies: 19
Views: 1862

Re: Updating Microsoft Word

You should have absolutely no problem updating to the latest version of MacOS. It's strongly recommended to stay on the latest version of both your OS and your applications to keep up with security updates. That being said, Libreoffice really is a fantastic replacement office product. I've noticed t...
by mmcmonster
Sun Oct 28, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: "consultation fee": standard for preventative colonoscopy?
Replies: 81
Views: 5781

Re: "consultation fee": standard for preventative colonoscopy?

There's also the consideration of medico-legal issues. One gastroenterologist I know much prefers the pre-procedure evaluation by his team so that if there is a complication that at least you have a relationship with the gastroenterologist and that you would be less likely to sue. :| I could totally...