Search found 370 matches

by mmcmonster
Mon Nov 04, 2019 6:14 am
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 51
Views: 4771

Re: When DID the stock market recover from 1929?

Maybe they do that because they are aware of past history including 1929 and 2008-2009? Did the 1928-1929 investor have something like that to look back on? Agree with you. A well off individual in the roaring 20s with some money would have heard from their barber that putting money in was a "sure ...
by mmcmonster
Sat Nov 02, 2019 10:03 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 544
Views: 72170

Re: Flaunt Your High-Mileage Car

2014 Tesla Model S with 120,000 miles. :beer

I burn through wheels, and had one expensive service (they had to replace the parking brakes for $2100).

But one service a year is nice. So is never having to fill gas in the winter.
by mmcmonster
Thu Oct 31, 2019 7:07 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1007
Views: 135736

Re: Post your Financial Milestone Announcements Here

Tomorrow (November 1st) I'm hitting 5 years with Vanguard! I had started seriously investing the previous year (after paying off the mortgage on the house and all outstanding loans), but had no idea what I was doing both at my financial advisor and at ETrade. I then found this community and (five ye...
by mmcmonster
Wed Oct 30, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 690
Views: 69610

Re: Why are you NOT buying rental properties?

Liquidity. I remember growing up and my dad telling me how he got together with a few colleagues and bought a couple business properties in (what was then) a depressed city in New Jersey. How the properties would bring in income regularly and there was never a hassle because they used a management c...
by mmcmonster
Mon Oct 21, 2019 4:48 pm
Forum: Investing - Theory, News & General
Topic: If Charles Schwab et al. drop commissions to zero, can we build our own index funds?
Replies: 68
Views: 7187

Re: If Charles Schwab et al. drop commissions to zero, can we build our own index funds?

[...]Can't recall the broker but there is one that has a service for those with larger accounts (>?$500K maybe?) where they will make a synthetic index that aims to track the S&P500 but will tax-loss harvest losing companies and replace them with others in the same industry. Overall it will track t...
by mmcmonster
Fri Oct 11, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statements-Save Paper Ones? Electronic?
Replies: 35
Views: 1885

Re: Credit Card Statements-Save Paper Ones? Electronic?

I have paper statements sent to the house, as a reminder to download and save the .PDF statements. I then shred the paper statements. The .PDF statements are saved in a folder with the year as the name of the folder. The name of the statement is always preceeded by the date in the format YYYY-MM-DD,...
by mmcmonster
Fri Oct 11, 2019 7:12 am
Forum: Personal Consumer Issues
Topic: Engine to Household Ratio Planning
Replies: 9
Views: 603

Re: Engine to Household Ratio Planning

I'll play.
2 Adults, 2 minors in household.

1 Electric Car.
1 Gas Car.

1 Whole House Battery (instead of generator).
0 Lawn motors (We outsource that to a service).
Various rakes and shovels.

So I'm at 1/4.
by mmcmonster
Wed Oct 09, 2019 5:08 am
Forum: Personal Finance (Not Investing)
Topic: Making money with oversized rooftop solar system?
Replies: 22
Views: 2652

Re: Making money with oversized rooftop solar system?

Look closer at the details. If you are in PG&E territory, for example, a large part of your kwh rate is "distribution charge". Another large chunk is paying for the old power plants. The actual power generation retail rate may be more like 8c per kwh. Still potentially worthwhile, but not a "gimme"...
by mmcmonster
Wed Sep 25, 2019 5:06 am
Forum: Personal Consumer Issues
Topic: Is it out-of-style for business women to wear pantyhose?
Replies: 19
Views: 4377

Re: Is it out-of-style for business women to wear pantyhose?

I remember ~15 years ago I was with a female friend and she commented about another woman at work "can you believe she wore hose?!". As a guy, I never noticed, and continue to not notice or particularly care. I think women are a bit more in tune to this sort of thing and do seem to care. Of course, ...
by mmcmonster
Tue Sep 24, 2019 5:11 am
Forum: Personal Consumer Issues
Topic: Apple iPhone iOS 13 Discussion
Replies: 77
Views: 8574

Re: Apple iPhone iOS 13 Discussion

Brilliant re: #1. Is it OK to download now or should we wait till any potential bugs get resolved? I use my phone for work, including a work messaging app. Due to the way iOS 13 deals with background applications (like independent messaging apps), my work messaging app doesn't work. :? Workplace as...
by mmcmonster
Thu Sep 19, 2019 4:59 am
Forum: Personal Consumer Issues
Topic: Do you trust Microsoft updating your Windows 7 machine?
Replies: 122
Views: 6530

Re: Do you trust Microsoft updating your Windows 7 machine?

Tens of millions of businesses and individuals use Windows 10 daily. I think you can move to Windows 10. A 10 year old PC is old. These things have an expected life. Good luck. A 10 year old PC is as old as a 10 year old car or watch. The question is, do you need something that the old device can't...
by mmcmonster
Sun Sep 15, 2019 5:08 am
Forum: Personal Investments
Topic: How Much in Muni Funds?
Replies: 10
Views: 1552

Re: How Much in Muni Funds?

Please listen to this excellent Boglehead podcast by Rick Ferri with Allan Roth https://bogleheads.podbean.com/e/episode-008-bogleheads-on-investing-guest-allan-roth-host-rick-ferri/ Starting at the 39 minute mark .. How much % of Muni bonds in the Fixed income portion of the portfolio - Don't put ...
by mmcmonster
Fri Sep 13, 2019 5:49 am
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 65
Views: 5688

Re: Solar Install w/ SolarCity

just wondering what the benefit is to having Tesla powerwall or any batteries in a state with full net metering Yeah, we've been wondering the same now that we're looking at sizing up how much solar to buy -- although we have the option of switching to Time of Use + Net Metering billing where summe...
by mmcmonster
Thu Sep 12, 2019 5:26 am
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 65
Views: 5688

Re: Solar Install w/ SolarCity

A question, purely out of curiosity: you keep mentioning charging your car all night drains the PowerWalls because the cars battery is larger than the walls. But if you’re driving ~60 miles a day, that’s only like 1/4 of the car’s range, right? So aren’t you actually getting performance out of the ...
by mmcmonster
Wed Sep 11, 2019 12:32 pm
Forum: Personal Consumer Issues
Topic: Need ideas for NY Upstate Getaway
Replies: 48
Views: 3155

Re: Need ideas for NY Upstate Getaway

The Corning Glass Museum was surprisingly good and interesting for both myself as well as the whole family. Some history, some art, some tech.

One word of warning: Do not speed in upstate NY. The NY state police are very happy to give tickets out at the drop of a hat.
by mmcmonster
Wed Sep 11, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 168
Views: 9361

Re: How old is your cellphone?

Do other bogleheads push their devices past their software support? Any concerns about security? What old phone do you have? I certainly have an iPad 1 that I still use to browse the internet and play Sudoku on. I'm not concerned about security on the device, even though it's on the local network a...
by mmcmonster
Tue Sep 10, 2019 5:09 am
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 65
Views: 5688

Re: Solar Install w/ SolarCity

OP... I’m very interested to see what your actual annual generation numbers look like. With the majority of your modules facing westward, I would think your production would be less than what Solar City ‘estimated’. Did they install micro-inverters or string inverters for your system? The power wal...
by mmcmonster
Mon Sep 09, 2019 5:16 am
Forum: Personal Consumer Issues
Topic: Going desktop-less?
Replies: 54
Views: 3695

Re: Going desktop-less?

Best practice is to have 3 copies of your data - the original, an onsite backup, and an offsite backup. Data is too precious to take a risk of only having 1 backup. That seems pretty excessive to me unless you have data that you absolutely cannot do without. Photos might fit this category, and this...
by mmcmonster
Sun Sep 08, 2019 12:51 pm
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 65
Views: 5688

Re: Solar Install w/ SolarCity

DanMahowny wrote:
Sun Sep 08, 2019 10:19 am
$76,000 !!!

Now, that's a big electric bill. WOW!
As I mentioned in my initial post, I essentially pre-paid my electric and car gas bills for 16 years. :beer
by mmcmonster
Sat Sep 07, 2019 12:50 pm
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 65
Views: 5688

Re: Solar Install w/ SolarCity

Just wanted to write my experience down regarding my solar installation with SolarCity (now Tesla). I started the process in 12/2017 and started generating energy in 9/2018. The system took longer to install because they were limited by supplies of the batteries and their installation teams are run...
by mmcmonster
Fri Sep 06, 2019 5:13 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 36- Finance to Nursing/PA?
Replies: 40
Views: 3802

Re: Career change at 36- Finance to Nursing/PA?

6. How much nurses actually make giving overtime and shift differentials, etc.. I know this will vary by location but would like to get an idea to know what to expect in terms of compensation if I go this route. Hospital-based nursing is a hard life. I don't know how they do it. If you do decide th...
by mmcmonster
Sun Sep 01, 2019 11:22 am
Forum: Non-US Investing
Topic: Four year review - Way forward or am I doing something wrong?
Replies: 19
Views: 2490

Re: Four year review - Way forward or am I doing something wrong?

[...]The point is that I have invested $35,166 and profited $7,173 in four years, so now my account value is $42,339. My strategy from the day one was to have completely passive portfolio, which is basically set and forget and so far I have been really happy with this approach. However, on the othe...
by mmcmonster
Sun Sep 01, 2019 8:32 am
Forum: Personal Consumer Issues
Topic: How to help niece improve her driving
Replies: 94
Views: 6026

Re: How to help niece improve her driving

Maybe she needs to watch a few gory videos of people mangled in cars and hope she realizes how serious consequences can be. Bad driving is rarely caused by people not knowing how serious the consequences can be. There aren't many people who have made it to 25 and not known someone who died or was s...
by mmcmonster
Sat Aug 31, 2019 2:28 pm
Forum: Personal Investments
Topic: Need help picking a muni bond fund
Replies: 7
Views: 818

Re: Need help picking a muni bond fund

As I’ve run out of space for bonds in tax-deferred accounts, bonds will now necessarily “spill” into my taxable account. Being in a high tax bracket (32%) plus NII (3.8%), I think muni bond funds make sense for my taxable account. This is new territory for me, so I’m trying to better understand the...
by mmcmonster
Sat Aug 31, 2019 5:06 am
Forum: Investing - Theory, News & General
Topic: Rebalancing with EE Bonds
Replies: 23
Views: 1336

Re: Rebalancing with EE Bonds

Personally, I choose to value my EE Bonds annually by accruing their implicit 3.53% rate. I do similar. I saved my spreadsheet from https://www.treasurydirect.gov/BC/SBCPrice and use that updated number (updated monthly) to figure out how much those bonds are worth right now. Liquidity matters to m...
by mmcmonster
Thu Aug 29, 2019 4:52 am
Forum: Personal Consumer Issues
Topic: Up State New York speeding ticket for a non-New York resident.
Replies: 27
Views: 3369

Re: Up State New York speeding ticket for a non-New York resident.

Update: I just got the fine in the mail (a couple hundred bucks, plus a 3% credit card handling fee). They don't take personal checks and wanted a money order. I just gave my Visa card info. For those asking about reciprocity with PA: From question 3 on this site: https://www.dmv.pa.gov/Pages/FAQ%20...
by mmcmonster
Mon Aug 26, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: Book case with real wood
Replies: 9
Views: 717

Re: Book case with real wood

Check out your local Ikea. It's not all particle board there. You get some good all-wood furniture, including quite nice book cases.
by mmcmonster
Sat Aug 24, 2019 7:22 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4787
Views: 1243785

Re: What Movie Have You Recently Watched?

Avengers: End Game on Bluray. I saw it in the theater and wasn't that impressed on first view. This was probably tainted by the fact that I hate watching anything in the theater and haven't enjoyed a theater film for over fifteen years. On bluray, it's a fairly enjoyable movie and mostly fun (there ...
by mmcmonster
Fri Aug 23, 2019 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Recommendations for estate planning attorney in Philadelphia suburbs
Replies: 3
Views: 349

Re: Recommendations for estate planning attorney in Philadelphia suburbs

I currently live in the Philadelphia suburbs, about an hour north of the city. I am looking for a good attorney for estate planning and was wondering if anyone had recommendations. I would likely need everything setup...wills, revocable trusts, POA, medical, etc... Thanks! An hour north of Philadel...
by mmcmonster
Sat Aug 17, 2019 6:36 am
Forum: Personal Consumer Issues
Topic: Woodstock
Replies: 93
Views: 9197

Re: Woodstock

joni mitchell's lyrics made it sound cool though: "I came upon a child of God He was walking along the road And I asked him, where are you going And this he told me I'm going on down to Yasgur's f arm I'm going to join in a rock 'n' roll band I'm going to camp out on the land I'm going to try an' g...
by mmcmonster
Fri Aug 16, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Why not invest in sector ETFs?
Replies: 32
Views: 2650

Re: Why not invest in sector ETFs?

I remember when Fidelity introduced sector mutual funds. Many gurus pointed out that the best performing mutual fund for the coming year would likely be one of Fidelity’s sector funds. The problem was picking which one. Good luck. DMW I bought some VHT (Vanguard's Health Care Index Fund) a few year...
by mmcmonster
Sun Aug 11, 2019 7:06 pm
Forum: Investing - Theory, News & General
Topic: Excel formula for value of EE bond?
Replies: 7
Views: 769

Excel formula for value of EE bond?

The background: I just found almost 60 (paper) EE bonds issued between 7/2005 and 11/2011. They are of various denominations and are addressed to DW, DD, and DS. (My dad gave them as gifts over several years, instead of cash. I gotta say, they look beautiful.) I don't want to convert them to electro...
by mmcmonster
Fri Aug 09, 2019 5:37 am
Forum: Personal Consumer Issues
Topic: Upgrading a PC, am I spending too much in too little time?
Replies: 35
Views: 2747

Re: Upgrading a PC, am I spending too much in too little time?

As others have mentioned, you will see a dramatic increase in overall performance by getting the SSD and putting OS and all applications on it. Any swap space and application data files (for instance, any files created by lightroom or similar programs while indexing your photos) should also be on th...
by mmcmonster
Thu Aug 08, 2019 5:31 am
Forum: Personal Consumer Issues
Topic: Amazon -- no longer the lowest prices, evidently
Replies: 120
Views: 13017

Re: Amazon -- no longer the lowest prices, evidently

I didn't stop shopping on Amazon because other places were cheaper, I stopped shopping on Amazon because so much of their inventory (even those "sold by Amazon") are counterfeit. If I'm getting a knockoff, I don't care that it's cheaper. Convenience is very important for me. I like just going to on...
by mmcmonster
Tue Aug 06, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: "Duty Free" shops at Airports
Replies: 44
Views: 4147

Re: "Duty Free" shops at Airports

We generally buy alcohol at Duty Free shops. As others have mentioned, the price is usually about the same as you would get in local alcohol stores in the U.S. However, if there is a sale at the Duty Free shop, you generally get a fantastic price. I just got back from a road trip to Eastern Canada. ...
by mmcmonster
Tue Aug 06, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: Up State New York speeding ticket for a non-New York resident.
Replies: 27
Views: 3369

Re: Up State New York speeding ticket for a non-New York resident.

Thanks, everyone, for the replies. I spoke to a person in the city of Corning. She confirmed my suspicions (and what several of you noted, as well), that I just need to mail back that I am guilty and that they would then determine and notify me of the outstanding fine. I'll do that after I speak to ...
by mmcmonster
Tue Aug 06, 2019 6:06 am
Forum: Personal Consumer Issues
Topic: Up State New York speeding ticket for a non-New York resident.
Replies: 27
Views: 3369

Re: Up State New York speeding ticket for a non-New York resident.

I live in upstate NY. If you’re sure there is no reciprocity from the standpoint of points on your license, then you only have to deal with possible insurance repercussions, pay the fine and move on, since you’re not going to show up in court to plead it down.[...] My problem is that there's no fin...
by mmcmonster
Tue Aug 06, 2019 5:18 am
Forum: Personal Consumer Issues
Topic: Up State New York speeding ticket for a non-New York resident.
Replies: 27
Views: 3369

Up State New York speeding ticket for a non-New York resident.

So I just got my first Up State New York speeding ticket (in Corning, NY). The ticket doesn't say how much the fine is or even the phone number to call to get the info. I scoured the internet and couldn't find any information on how to proceed. Apparently if the ticket is in NY City, you can pay onl...
by mmcmonster
Mon Aug 05, 2019 4:40 pm
Forum: Personal Consumer Issues
Topic: Best time to buy a new Lexus UX?
Replies: 11
Views: 1474

Best time to buy a new Lexus UX?

DD is going to be a new driver before the end of the year. My plan is to give DD my DW's 2013 Lexus RX (with ~90k miles on it) and to purchse DW a new car. (Don't want to get into the lease vs. buy or the new vs. CPO debates. We always purchase new for a number of reasons.) With that in mind, when w...
by mmcmonster
Sun Jul 21, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: One bad decision - examples?
Replies: 67
Views: 7193

Re: One bad decision - examples?

Sometimes these bad decisions are based on advise from financial advisors and only look bad in retrospect. :?

A colleague of mine shifted all of his bond allocation to Tax Free municipal bonds ... in Puerto Rico. :oops:
by mmcmonster
Sat Jul 20, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Box wine- update and recommendations?
Replies: 73
Views: 6023

Re: Box wine- update and recommendations?

[...] I never spend more than $15. I try to keep it under $10, but depending on the occasion and guests sometimes I go over. I still find some of the Kirkland wines for $7 to be pretty good (particularly S. Blanc and Malbec). I find the biggest variation in Chardonnays. The $7 Kirkland one is good,...
by mmcmonster
Tue Jul 16, 2019 6:09 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 106
Views: 8896

Re: Switching from passive to active management

As I’m considering the switch from my passive investments at Vanguard to active management at a multi-family office [...] Today I learned what a multi-family office was. https://en.wikipedia.org/wiki/Multi-family_office :shock: It's on days like this that I'm glad to fly ***way*** under their radar.
by mmcmonster
Mon Jul 15, 2019 5:17 am
Forum: Investing - Theory, News & General
Topic: Will you buy Total Bond with a negative yield?
Replies: 112
Views: 12877

Re: Will you buy Total Bond with a negative yield?

If some bank accounts actually did have negative interest, I would simply not put my money in those bank accounts. Some banks in the US currently pay 0.01% on savings accounts, I have no money in those accounts. If those banks made, what would really be a trivial change, to -0.01%, I would continue...
by mmcmonster
Thu Jul 11, 2019 5:19 am
Forum: Personal Investments
Topic: Not happy with one FA allocation: PBRIX
Replies: 37
Views: 2158

Re: Not happy with one FA allocation: PBRIX

Yeah, I remember reading about how the ER eats your returns, in one of the Boglehead books. I'm researching the funds and finding ERs of .49, .56. .84, .90 %, etc. In case you're feeling dismayed by everything you're hearing here, just realize that almost all of us went through exactly what you're ...
by mmcmonster
Mon Jul 08, 2019 10:05 am
Forum: Personal Consumer Issues
Topic: Outdoor Fire Pit - Wood vs. Gas?
Replies: 53
Views: 3898

Re: Outdoor Fire Pit - Wood vs. Gas?

Love the ambiance of the wood fire pit. We use it, but the weather has to be perfect, not just the day we use it, but the following morning as well. One time it rained overnight, so when we cleaned it the following morning the ash had mixed with the rain and dried into something that looked like cem...
by mmcmonster
Thu Jun 27, 2019 5:21 am
Forum: Personal Finance (Not Investing)
Topic: Securing a "Private Pension"?
Replies: 18
Views: 2585

Re: Securing a "Private Pension"?

fire5soon wrote:
Thu Jun 27, 2019 4:48 am
Anyone can buy these contracts, not just the top 1% or 2%. That was a total sales pitch.
Maybe it’s only available to the top 1-2% of world population (7.5 Billion)? That may be true. :D
by mmcmonster
Thu Jun 27, 2019 3:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard Advertising Mutual Fund to ETF Conversion
Replies: 138
Views: 11620

Re: Vanguard Advertising Mutual Fund to ETF Conversion

Since part of the expenses of the MF are a fixed cost, wouldn’t it make sense (as people move from the MF to the ETF) that the ER of the MF goes up?

Also, I would rather have a way to go from ETF to MF without changing my basis. :(
by mmcmonster
Mon Jun 17, 2019 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1091
Views: 307028

Re: Share your net worth progression

I calculate my net worth monthly and have been graphing it for only four years. That's the red line. I also made a formula based on where I expect to be based on a 7% combined return and the amount of money I add every month (the blue line). So far I'm keeping very close to the formula. https://i.po...
by mmcmonster
Sun Jun 16, 2019 6:17 am
Forum: Personal Consumer Issues
Topic: Radon levels in home
Replies: 50
Views: 4767

Re: Radon levels in home

I'm surprised that your mortgage company allowed you to buy the home without having radon remediation addressed. :shock: Where I am (North East PA), you have to get your Radon remediation done by someone licensed by the state. I bought a continuous radon detector with a built-in alarm from amazon ( ...
by mmcmonster
Wed Jun 12, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Share financial info with family?
Replies: 26
Views: 3051

Re: Share financial info with family?

What DW and I did is quietly tell the people we wanted to take care of our kids our wishes. We then put together a will that names everyone important. We keep a copy of the will out in the open on a book shelf, so it's easy to find. It's in an official envelope and is clearly marked in large letters...