Search found 101 matches

by Deep Thoughts
Tue Feb 24, 2015 7:02 pm
Forum: Personal Consumer Issues
Topic: Guns for hunting/defense
Replies: 159
Views: 49106

Re: Guns for hunting/defense

BTW....a shotgun is the only weapon you would want in a self defense situation. You might be surprised on that .... at inside home ranges a shotgun is more or less a rifle (i.e. its pretty easy to miss). Even sawed off at legal lengths a shotgun doesn't "scatter" like most people think they do. Wit...
by Deep Thoughts
Tue Feb 24, 2015 6:02 pm
Forum: Personal Consumer Issues
Topic: Guns for hunting/defense
Replies: 159
Views: 49106

Re: Guns for hunting/defense

I used to shoot a lot of skeet/trap and also volunteered as a range marshall during times when the club needed extra help (start of hunting seasons/competitions/etc). A pump shotgun is a very reliable gun ONLY if the person is used to shooting one and does so regularly. I can't tell you the number o...
by Deep Thoughts
Mon Feb 23, 2015 9:34 pm
Forum: Personal Consumer Issues
Topic: Help! I can't afford to eat on my South Beach vacation
Replies: 60
Views: 11462

Re: Help! I can't afford to eat on my South Beach vacation

Walk on up Collins to 20th Ave. Take a left, there is a little grocery down on the left down about a block. At noon they have a huge Cuban food smorgasbord. Total cost 6 or 7 bucks. Buy a malta to drink with it. Don't eat at the tourist places on South Beach. Take the bus or a cab or whatever and go...
by Deep Thoughts
Tue Feb 17, 2015 12:45 pm
Forum: Personal Consumer Issues
Topic: Preparing for 2 months incommunicado
Replies: 144
Views: 12354

Re: Preparing for 2 months incommunicado

800 Kms! Wow, OK, that's a lot. I'd say that you know what you're doing. :) I've done some of the Gran Recorrido trails in the Spanish Pyrenees .... although not so much of an issue with full alberges there .... I carried a tent/bag. Are you going with walking poles? staff? nothing? The next time, I...
by Deep Thoughts
Tue Feb 17, 2015 12:18 pm
Forum: Personal Consumer Issues
Topic: Preparing for 2 months incommunicado
Replies: 144
Views: 12354

Re: Preparing for 2 months incommunicado

We carried our cellphones and used airplane mode to avoid charges. Wifi in every cafe on the Way, basically every two or three hours you can have free wifi. We had waterproof compression bags for documents, money, and phones we took with us. Nothing was stolen from albergues (no refugios when you w...
by Deep Thoughts
Mon Feb 16, 2015 6:51 pm
Forum: Personal Consumer Issues
Topic: Preparing for 2 months incommunicado
Replies: 144
Views: 12354

Re: Preparing for 2 months incommunicado

For internet, in Spain every little town has a library and in (almost) all of the them there is free internet Internet cafes are everywhere in large towns/small cities also and are usually pretty cheap. I don't log on to my bank/Vanguard etc from them ... just email. I walked a section in October fo...
by Deep Thoughts
Mon Feb 16, 2015 2:20 pm
Forum: Personal Consumer Issues
Topic: What 3 MATERIAL things would you take with you?
Replies: 34
Views: 3386

Re: What 3 MATERIAL things would you take with you?

Three 5 thousand dollar watches.
by Deep Thoughts
Sun Feb 15, 2015 9:11 pm
Forum: Investing - Theory, News & General
Topic: active vs passive in response to Larry Swedroe posting
Replies: 30
Views: 4801

Re: active vs passive in response to Larry Swedroe posting

Many keep on saying that we must add in a 1 percent advisor fee for the DFA funds. This is completely false. Look around a little and those interested will find that this is a very old canard that is completely false. DFA funds can be accessed for VERY small fixed fees amounting to as little as .01 ...
by Deep Thoughts
Mon Feb 02, 2015 3:34 pm
Forum: Personal Consumer Issues
Topic: First Time Dog Owners -- Any Regrets?
Replies: 83
Views: 10097

Re: First Time Dog Owners -- Any Regrets?

Make sure you are ready for the vet bills ... on the order of 1K to 3K per year depending on what goes wrong. Food/toys/treats also. Make sure you are ready for the general level of dirtiness and hair shedding. They are way dirtier than most people realize. Short haired breeds help somewhat on the d...
by Deep Thoughts
Mon Jan 26, 2015 1:11 pm
Forum: Non-US Investing
Topic: Transfering Euros to Dollars?
Replies: 11
Views: 1199

Re: Transfering Euros to Dollars?

I just checked how much to send 1000 euros to a bank in Spain ..... I'm amazed at how much the quotes varied from what I saw this morning anyway ... this is what I got for right now ....... US Forex: 1137.50 Xoom: 1162.10 Paypal: 1159.85 Transferwise 1139.40 Interactive Brokers sound interesting but...
by Deep Thoughts
Mon Jan 26, 2015 9:11 am
Forum: Non-US Investing
Topic: Transfering Euros to Dollars?
Replies: 11
Views: 1199

Re: Transfering Euros to Dollars?

Are you sure Transferwise is giving you the best rate for large sums (relevant to me since I live part of every year in Europe)? I just checked PayPal and they win on a 1000 euro transfer ...
by Deep Thoughts
Sun Jan 25, 2015 12:49 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1296823

Re: What Movie Have You Recently Watched?

I have not seen the movie, but I'm guessing you're a Michael Moore fan. I don't think everyone thinks that Kyle is a saint (I read some articles about him that didn't paint him in the best picture prior to his death), but you seem to be overanalyzing the fact that people may simply be showing their...
by Deep Thoughts
Sat Jan 24, 2015 11:14 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1296823

Re: What Movie Have You Recently Watched?

Hobbit Part 3. I really have severe reservations about the whole trilogy. It should never have been a trilogy in the first place. It's difficult to swallow the changes from the book for someone who owns a copy of the 2nd ed. of the original. Nonetheless the visuals based on the work of Alan Lee mad...
by Deep Thoughts
Wed Jan 21, 2015 6:54 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1296823

Re: What Movie Have You Recently Watched?

Crimsontide wrote:"American Sniper", fantastic. Chris Kyle and Clint Eastwood are both American Heros!!!
My heroes have always been cowboys. :)
by Deep Thoughts
Wed Jan 21, 2015 6:33 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1296823

Re: What Movie Have You Recently Watched?

American Sniper. One terrific movie. Chris Kyle is a certified American hero who saved countless American lives. Yes, you mean of course the character depicted in the movie, right? That movie character is certainly presented as a "certified American hero". You should read the book by the same title...
by Deep Thoughts
Wed Jan 21, 2015 10:33 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1296823

Re: What Movie Have You Recently Watched?

I just saw Grand Budapest Hotel . An enjoyable movie which you will like if you like movies like Rushmore or Napoleon Dynamite . Highly stylized, and it may have the most famous actors per minute of any film in the last three decades. (That excludes the epic film The Longest Day...) I recommend it,...
by Deep Thoughts
Wed Jan 21, 2015 9:27 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1296823

Re: What Movie Have You Recently Watched?

Hobbit Part 3. I really have severe reservations about the whole trilogy. It should never have been a trilogy in the first place. It's difficult to swallow the changes from the book for someone who owns a copy of the 2nd ed. of the original. Nonetheless the visuals based on the work of Alan Lee mad...
by Deep Thoughts
Tue Jan 20, 2015 5:26 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1296823

Re: What Movie Have You Recently Watched?

American Sniper - so wrong on so many levels. I really disliked this morally ambiguous movie. Those thinking of seeing it should read a bit about the main protagonist and perhaps even read the book by the same title (the "autobiography" where that main protagpnist tells you in his own words) and mak...
by Deep Thoughts
Tue Jan 20, 2015 10:17 am
Forum: Personal Investments
Topic: Tax Efficiency Question- What to Put Where?
Replies: 12
Views: 1414

Re: Tax Efficiency Question- What to Put Where?

After reading Emergdoc's post on his website (The White Coat Investor) and writing a Matlab and an R program to prove it to myself .... in general ... especially with low bond return rates and not much in difference between municipal bond rates ... you are almost always better off to put bonds in ta...
by Deep Thoughts
Sun Jan 18, 2015 11:12 am
Forum: Personal Consumer Issues
Topic: Best Book To Learn R Programming
Replies: 32
Views: 6279

Re: Best Book To Learn R Programming

Just for curiosity, why are you interested in R? It's mainly for statisticians isn't it? I like it since it's free. I personally find Matlab (or the free version Octave) much easier and more powerful for the analyses (stochastic algorithms and system analysis) that I need to do.
by Deep Thoughts
Wed Jan 14, 2015 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I convert Traditional to Roth (for Backdoor)
Replies: 13
Views: 1897

Re: Should I convert Traditional to Roth (for Backdoor)

Why would you want to pay the tax now? You will probably be in the same income tax bracket when you retire. What will you have gained by paying the taxes early? I converted a Traditional to a ROTH many years ago. Now I am retired and in the same tax bracket. I gained absolutely nothing. My advice, ...
by Deep Thoughts
Tue Jan 13, 2015 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should I convert Traditional to Roth (for Backdoor)
Replies: 13
Views: 1897

Re: Should I convert Traditional to Roth (for Backdoor)

Background: . . . Obviously there would be tax consequences for making the conversion. I'm looking for guidance on how to evaluate the pros and cons of the tax consequences of converting the entire $30k Traditional to a Roth (so that the backdoor strategy can be employed in the future without creat...
by Deep Thoughts
Mon Jan 12, 2015 9:19 pm
Forum: Investing - Theory, News & General
Topic: Do you use the 9 style-box for AA?
Replies: 24
Views: 2865

Re: Do you use the 9 style-box for AA?

The other strategy is to look at the factor loadings (if available) .... I suspect this gives a far better idea of where you are allocated than the 9 style box.
by Deep Thoughts
Mon Jan 12, 2015 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Should I convert Traditional to Roth (for Backdoor)
Replies: 13
Views: 1897

Re: Should I convert Traditional to Roth (for Backdoor)

Background: . . . Obviously there would be tax consequences for making the conversion. I'm looking for guidance on how to evaluate the pros and cons of the tax consequences of converting the entire $30k Traditional to a Roth (so that the backdoor strategy can be employed in the future without creat...
by Deep Thoughts
Sun Jan 11, 2015 11:40 pm
Forum: Personal Investments
Topic: Sorry.. another Should I move my portfolio question
Replies: 11
Views: 1118

Re: Sorry.. another Should I move my portfolio question

You don't have to pay 1 percent AUM to get access to DFA.

You can house your DFA funds already purchased at Vanguard. Even without an advisor they will reinvest dividends and cap-gains into those funds.
by Deep Thoughts
Sun Jan 11, 2015 4:27 pm
Forum: Investing - Theory, News & General
Topic: We miss Larry Swedroe
Replies: 38
Views: 13025

Re: We miss Larry Swedroe

I've been logging on to

http://thebamalliance.com/blog/tag/larry-swedroe/

to get my "swedroe fix". There are many great Boglehead authors but Larry is right up there with the best of them. I
too hope he comes back here soon.
by Deep Thoughts
Wed Jan 07, 2015 6:40 pm
Forum: Investing - Theory, News & General
Topic: Larry Portfolio in NYT
Replies: 1
Views: 906

Larry Portfolio in NYT

I must of missed this article in the NYT around Xmas:

http://www.nytimes.com/2011/12/24/your- ... folio.html


I haven't seen Mr. Swedroe much around Bogleheads recently ....
by Deep Thoughts
Wed Jan 07, 2015 11:32 am
Forum: Investing - Theory, News & General
Topic: Can you make money betting on random coin flips?
Replies: 296
Views: 32217

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

The arguments in Kelly's paper have to do with (and I think this is the main source of confusion) the difference between convergence in mean and convergence almost surely. The gambler in the first part of his paper bets everything on every gamble and he is guaranteed an expected value of his winning...
by Deep Thoughts
Mon Jan 05, 2015 2:25 pm
Forum: US Chapters
Topic: Hobbies + Free Time
Replies: 11
Views: 3136

Re: Hobbies + Free Time

Fly fishing of course ....

“To him, all good things - trout as well as eternal salvation - came by grace; and grace comes by art; and art does not come easy”
― Norman Maclean, A River Runs Through It and Other Stories
by Deep Thoughts
Sat Jan 03, 2015 3:24 pm
Forum: Personal Investments
Topic: DFA Fidelity
Replies: 5
Views: 1139

Re: DFA Fidelity

I don't know about transfers but you can buy DFA funds from the Vanguard Trading Desk as long as you have an "approved DFA advisor" linked and with trading rights to your account.
by Deep Thoughts
Sat Jan 03, 2015 3:13 pm
Forum: Personal Investments
Topic: Help! Capital Gains on a Mutual Fund??? Tax Question
Replies: 13
Views: 2286

Re: Help! Capital Gains on a Mutual Fund??? Tax Question

Thanks! I'm plowing thru the publication. I'm guessing that I just have to wait for the 1099 form and I'm good to go....
by Deep Thoughts
Sat Jan 03, 2015 1:34 pm
Forum: Personal Investments
Topic: Help! Capital Gains on a Mutual Fund??? Tax Question
Replies: 13
Views: 2286

Help! Capital Gains on a Mutual Fund??? Tax Question

In September of this year, I sold a house. I ended up with y dollars of profits which I don't have to pay any taxes on (y < 250K) and so I put the money into a mutual fund (DFA Small Cap Value). I've never had any money in a stock or bond fund before that was in a taxable account and so I'm complete...
by Deep Thoughts
Tue Dec 30, 2014 8:32 pm
Forum: Investing - Theory, News & General
Topic: Roth Recharacterization and AMT (Alternative Minimum Tax)
Replies: 3
Views: 694

Re: Roth Recharacterization and AMT (Alternative Minimum Tax

Sorry about the lack of clarity. I'm converting funds from my tIRA to a Roth IRA. I had thought from many posts about this on this forum that this was a spendid idea because (1) I will pay taxes at my lowest rate (I'm going to be in higher brackets after Social Security and RMDs kick in) and (2) I'l...
by Deep Thoughts
Tue Dec 30, 2014 3:07 pm
Forum: Investing - Theory, News & General
Topic: Roth Recharacterization and AMT (Alternative Minimum Tax)
Replies: 3
Views: 694

Roth Recharacterization and AMT (Alternative Minimum Tax)

I'm planning on doing some recharacterizations on my tIRA. I've been running close to having to pay AMT the last 2 or 3 years and I was wondering if the recharacterizations are going to push me over into that? If I just pay my marginal tax rate on the conversion, that shouldn't really affect the AMT...
by Deep Thoughts
Mon Dec 29, 2014 2:13 pm
Forum: Personal Consumer Issues
Topic: What did you enjoy spending money on this year?
Replies: 92
Views: 10432

Re: What did you enjoy spending money on this year?

Lived in Spain for 3 months.

Took some instructional classes in my favorite hobby (dance).

Went on a couple of fly fishing trips out west.
by Deep Thoughts
Fri Dec 26, 2014 10:36 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1296823

Re: What Movie Have You Recently Watched?

Recent Movies: The Bad: Fury --- a pointless shoot em up war movie. Completely unbelievable. Some good actors wasted. Guardians of the Galaxy --- only got part way through this one. When green horned aliens begin talking in Southern accents, I have to pull the plug. Another movie where the acting ju...
by Deep Thoughts
Fri Dec 19, 2014 5:15 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4209
Views: 1214244

Re: What Book Are You Currently Reading? Part VI

Just finished two by Michael Lewis: Liar's Poker The Big Short I enjoyed the second book much more than the second. Perhaps because it wasn't so much about his personal experiences and was more of a knowledgable journalist describing exactly what happened and led up to the financial crisis of 2008. ...
by Deep Thoughts
Tue Dec 16, 2014 1:33 pm
Forum: Personal Consumer Issues
Topic: Would you invest $2500 or ?
Replies: 21
Views: 2470

Re: Would you invest $2500 or ?

Been there, done that. Short answer: Don't give him the money. I would question whether he really is "getting on his feet" while misrepresenting what is going on to social services. He can get a job without his tools or whatever, save up, and then buy the tools ... so that excuse is a no starter as ...
by Deep Thoughts
Sun Dec 14, 2014 11:41 am
Forum: Personal Investments
Topic: Roth conversion, re-characterization, taxes
Replies: 12
Views: 1069

Re: Roth conversion, re-characterization, taxes

I'm in a very similar situation as the OP. I was thinking of doing the horse race strategy: Suppose I want to convert x dollars. Then in January 2015, I create two Roths one containing x dollars of US stocks and another one containing x dollars of ex-US stocks. Then in April of 2016, I recharacteriz...
by Deep Thoughts
Sun Dec 14, 2014 11:26 am
Forum: Personal Consumer Issues
Topic: Your Favorite Cookbook?
Replies: 68
Views: 8409

Re: Your Favorite Cookbook?

I like spicy food. :) For Mexican Food: Jeff Bayless Authentic Mexican. A beautiful book for its drawings and discussion of Mexican food and culture. I have 6-7 cookbooks in this cuisine (including all of Diana Kennedy's) and I keep on coming back to it. It is just excellent. For Thai Food: It Raine...
by Deep Thoughts
Fri Dec 05, 2014 9:24 am
Forum: Investing - Theory, News & General
Topic: What DID Meriwether of LTCM say about "ten sigma events?"
Replies: 5
Views: 1608

Re: What DID Meriwether of LTCM say about "ten sigma events?

You can use Chebyshev's inequality to get a general bound that can't be improved (i.e. a distribution actually meets it). P(|X-mu| > k sigma) <= 1/k^2 i.e. the probability that a r.v. is further away from its mean value than 10 standard deviations is less than 1/100. I don't see how there were neces...
by Deep Thoughts
Mon Dec 01, 2014 9:57 pm
Forum: Personal Consumer Issues
Topic: Favorite nonfiction books
Replies: 117
Views: 16806

Re: Favorite nonfiction books

TomatoTomahto wrote:This is an interesting thread. If we turn it into a religious discussion, it will get shut down. That would be unfortunate.

Please.
Thanks. You're right.
by Deep Thoughts
Mon Dec 01, 2014 8:09 pm
Forum: Personal Consumer Issues
Topic: Favorite nonfiction books
Replies: 117
Views: 16806

Re: Favorite nonfiction books

Removed for being possibly violating forum rules for subject material and content.
by Deep Thoughts
Mon Dec 01, 2014 8:05 pm
Forum: Personal Consumer Issues
Topic: Favorite nonfiction books
Replies: 117
Views: 16806

Re: Favorite nonfiction books

Old Man River ( The Mississippi River in North American History) - Schneider That one really got my attention. I looked it up on Amazon... Great concept! Telling history from the perspective of a river, or river basin as one reviewer nit-picked. :D I will add that one to the queue. Will also take a...
by Deep Thoughts
Sun Nov 30, 2014 9:57 am
Forum: Personal Consumer Issues
Topic: Favorite nonfiction books
Replies: 117
Views: 16806

Re: Favorite nonfiction books

For the theologists/atheists/buddhists/: God is Not Great: How Religion Poisons Everything by Christopher Hitchens The Portable Atheist: Essential Readings for the Nonbeliever by Christopher Hitchens The God Delusion by Richard Dawkins Letter to a Christian Nation by Sam Harris The Story of Buddhism...
by Deep Thoughts
Fri Nov 28, 2014 2:29 pm
Forum: Personal Consumer Issues
Topic: Favorite nonfiction books
Replies: 117
Views: 16806

Re: Favorite nonfiction books

I've gotten so many great new books from this thread ... here are so more!!! Science: What If? by Randall Munroe .... a physicist answers strange questions on his blog e.g. What if you threw a baseball at 90 percent the speed of light? Very entertaining and a great sense of humor. Cooking/Food: Kitc...
by Deep Thoughts
Wed Nov 26, 2014 5:42 pm
Forum: Personal Consumer Issues
Topic: Favorite nonfiction books
Replies: 117
Views: 16806

Re: Favorite nonfiction books

Evolutionary Biology: The Song of the Dodo by David Quammen
ANYTHING by Stephen Jay Gould
by Deep Thoughts
Wed Nov 26, 2014 9:43 am
Forum: Personal Consumer Issues
Topic: Favorite nonfiction books
Replies: 117
Views: 16806

Re: Favorite nonfiction books

Great thread!! My reading list has grown! 95 percent of what I read is non-fiction so for me that has been pure gold. I'm always on the lookout for more. Books that I haven't seen mentioned so far: Adventure/Exploration: The Last Place On Earth by Roland Huntford ... The History of Antartic Explorat...
by Deep Thoughts
Thu Sep 18, 2014 7:56 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1509655

Re: What Book Are You Currently Reading? Part V

If you like books about exploration and the limits of human endurance, I recommend very highly "In The Kingdom Of Ice" by Hampton Sides which gives the history of the doomed Jeanette Artic Expedition of 1879. It does a good job of setting the historical, political, and scientific context of the time...