Search found 493 matches

by malabargold
Tue Nov 06, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Roth in a high tax bracket
Replies: 14
Views: 1509

Re: Roth in a high tax bracket

If the intent is for the Roth to be inherited by your kids,
it’s almost always a good move.
by malabargold
Sun Nov 04, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: Mice [updated - not a mouse]
Replies: 54
Views: 4108

Re: Mice

One cat in the house
Scrap the poisons
by malabargold
Sun Nov 04, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Time to splurge. MB E class, BMW 5 or Audi 6?
Replies: 70
Views: 5975

Re: Time to splurge. MB E class, BMW 5 or Audi 6?

Used AMG station wagon
Promise you’ll have barrels
of fun
by malabargold
Thu Oct 25, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Making a substantial gift to a college
Replies: 27
Views: 2078

Re: Making a substantial gift to a college

Beginning to be a backlash against that type of admission
practice on campuses - see Harvard lawsuit.

However if that is your rationale, I suspect it will carry more
weight to give it closer to application date.
by malabargold
Sat Oct 06, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 12920

Re: What purchase saved you the most money?

Buying up stocks like crazy in 2008-10
Buying up houses in 20011-12
by malabargold
Sat Sep 29, 2018 5:37 am
Forum: Investing - Help with Personal Investments
Topic: 99% invested in stocks, bond recommendations please?
Replies: 19
Views: 2567

Re: 99% invested in stocks, bond recommendations please?

Second hulburt1 Almost all stocks here too since the 1960’s Prefer ownership investments to loans: Very much depends upon on one’s temperament and ability to live well below one’s means It’s made us wealthy - and now, near retirement age we have the luxury to maintain that allocation because even th...
by malabargold
Sat Sep 15, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Mom has retired and I need to help
Replies: 12
Views: 2166

Re: Mom has retired and I need to help

Is her pension COLA? If so I’d personally put 70% total stock, 30% total bond Even after a long bull in equities anticipated real returns for bond over the next 10 years are poor And since you are a high earner don’t hesitate to give her extra to enjoy early retirement - while she is young enough to...
by malabargold
Sat Sep 15, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Vacation house? Need objective third party
Replies: 67
Views: 6139

Re: Vacation house? Need objective third party

Don’t buy houses you can’t get to , inspect/work on, and get back from within a day Also for better or worse, summers have changed drastically for most motivated kids - attending TIP programs, specialized camps, pseudo internships, not lazing around lakes. One malady of many affluent parents, raisin...
by malabargold
Tue Sep 11, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: Advice on how to deal with barking dogs
Replies: 59
Views: 5274

Re: Advice on how to deal with barking dogs

Address the animal cruelty that is happening by
Calling the authorities - police and animal welfare.

They should not divulge your name.

The dogs’ problem and yours will both be solved
by malabargold
Sat Sep 08, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Getting Top Dollar for Selling our Condo
Replies: 16
Views: 1300

Re: Getting Top Dollar for Selling our Condo

Wouldn’t worry about upgrading or getting top dollar for anything with chronic recurring leakage.
Count yourself lucky if you can dump the problem on someone else.
by malabargold
Sat Aug 11, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 10196

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

Anytime there’s been a long bull market prospects for new
invested money dim in the short run and a recession obviously
draws nearer.
No reason to stop investing in equities if you can hold on
through the coming dips
by malabargold
Wed Aug 01, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: Best schools for an IB internship
Replies: 17
Views: 1507

Re: Best schools for an IB internship

Check out Babson College
by malabargold
Tue Jul 31, 2018 8:22 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 49854

Re: MoviePass-Too good to be true, but it's legit.

I doubt the fee they charge nor the restrictions put in place
will matter.
People will only continue to subscribe if they get more out
than what they put in.

Flawed business model.
by malabargold
Tue Jul 31, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: The only asset class offering a discount
Replies: 11
Views: 1534

Re: The only asset class offering a discount

Is the correct answer cash?
by malabargold
Mon Jul 30, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 12893

Re: Joint Ownership of home with second wife

not going to end well
by malabargold
Mon Jul 30, 2018 6:25 pm
Forum: Personal Consumer Issues
Topic: Talk to me about Le Creuset
Replies: 53
Views: 6259

Re: Talk to me about Le Creuset

Buy the factory seconds from the outlet stores.
Looks and cooks same as the “firsts” for less than 1/2 cost.
by malabargold
Mon Jul 30, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: ACT test - got 34, try for 36?
Replies: 61
Views: 5701

Re: ACT test - got 34, try for 36?

Agree that Chicago is the most rankings-hungry school out there.
Please note They have stopped requiring standardized test scores.
by malabargold
Mon Jul 30, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: ACT test - got 34, try for 36?
Replies: 61
Views: 5701

Re: ACT test - got 34, try for 36?

BTW
Univ Chicago stopped considering SAT and ACT scores
That’s how little most competitive schools think of them!
by malabargold
Mon Jul 30, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: ACT test - got 34, try for 36?
Replies: 61
Views: 5701

Re: ACT test - got 34, try for 36?

Ultra competitive schools rely on far more than standard scores.
It’s merely a threshold indicator, the first and lowest, bar to pass before the real competition for admission begins
by malabargold
Mon Jul 30, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: ACT test - got 34, try for 36?
Replies: 61
Views: 5701

Re: ACT test - got 34, try for 36?

As far as getting into the ultra-competitive universities a 34 (but not a 33 or lower) is enough. That just passes the threshold for standardized testing. However, the real competition for admission just begins at that point: besides grades, essays, character, recommendations, EC’s, socioeconomic st...
by malabargold
Mon Jul 30, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio: Is it 1937 all over again?
Replies: 45
Views: 6459

Re: Ray Dalio: Is it 1937 all over again?

Isn’t part of a hedge fund manager’s sworn duty to make pronouncements that arise fear and/or jealousy in the public
at large so they come running to them to handle their assets?

Tell me the next time you see a lot of talking heads on CNBC
own up to a litany of mistakes and underperformance.
by malabargold
Mon Jun 04, 2018 8:13 pm
Forum: Personal Consumer Issues
Topic: Boston trip with small kids
Replies: 19
Views: 1724

Re: Boston trip with small kids

Doubt they will remember much if any thing at that age!
by malabargold
Sat May 26, 2018 9:39 pm
Forum: Personal Consumer Issues
Topic: 3 days in Boston with an 8 year old
Replies: 32
Views: 2573

Re: 3 days in Boston with an 8 year old

Aquarium Duck Boats Whale watching on Stellwagan Bank Old North Church - tour part way up Steeple and crypts (Paul Revere) LA Burdick for hot chocolate North End for Modern Pastry/ Mike’s Pastry/ Food /parades Harvard Tours- do duckboat first as they often give out Free Harvard tour coupon Harvard N...
by malabargold
Wed May 02, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Where to babymoon?
Replies: 38
Views: 4121

Re: Where to babymoon?

Relax where you are.
Save the $ and stick it in a trust or 529.
by malabargold
Thu Apr 26, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need a physical for a Term Life policy?
Replies: 18
Views: 1835

Re: Do you need a physical for a Term Life policy?

They won’t generally offer you the results of the tests
unless you request a copy sent to your MD
by malabargold
Sun Apr 15, 2018 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Investing for a 1 year old
Replies: 9
Views: 1263

Re: Investing for a 1 year old

This forum says “not investing”, nevertheless,
unless your crystal ball is better than mine
why not just VT?
by malabargold
Sat Apr 14, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off (2nd home) debt or invest more?
Replies: 8
Views: 785

Re: Pay off (2nd home) debt or invest more?

On average, stocks signicantly outperform real estate over time. So, usually better off buying retirement place when you retire. Plus maintenance and taxes, etc. If you decide to hold onto the place, you have a low mortgage rate: don’t pay it faster than you have to, keep the balance in a low-cost i...
by malabargold
Thu Apr 12, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 15654

Re: Ivy school education. Is it worth it?

I have seen parents ring up bills in the many thousands of dollars at the Coop.

If one is not legacy, not an underrepresented minority, not a member of an underrepresented socioeconomic class, nor a
recruited athlete, the competition is for 1 of about 400
available spots, not 1600, at Harvard.
by malabargold
Wed Apr 11, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: To HSA or HSA -- explain like I'm 5.
Replies: 32
Views: 3207

Re: To HSA or HSA -- explain like I'm 5.

See what the out of pocket limits are
by malabargold
Wed Apr 11, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: How do you estimate your home's market value?
Replies: 53
Views: 4138

Re: How do you estimate your home's market value?

Zillow is often wildly inaccurate in places with unique topography.
by malabargold
Tue Apr 10, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 15654

Re: Ivy school education. Is it worth it?

My kid is a concentrator in a basic science at Harvard. Wanted to be a bench scientist and academic her whole life. She is doing research with many of the very best in the field. It’s doubtful she will get rich, but she’s exactly where she wants to be and doing exactly what she wants. That’s the bes...
by malabargold
Tue Apr 10, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 15654

Re: Ivy school education. Is it worth it?

What you say about Harvard is true, except the part about
legacy; nearly 30% of the latest incoming class had legacy ties
to the College.
by malabargold
Mon Apr 09, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: 15 vs 30 year mortgage
Replies: 6
Views: 1963

Re: 15 vs 30 year mortgage

With rates still on the low side, I’d take the 30 and funnel the
difference from the 15 into a low-cost index fund of your choice.
by malabargold
Sun Apr 01, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 14151

Re: What age is the best to give a child control of an inheritance?

No stock answer depends on their character and what
parents have taught
by malabargold
Sat Mar 31, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: $20,000 book - what to do with it
Replies: 34
Views: 6390

Re: $20,000 book - what to do with it

Harvard also has an entire separate library (Houghton)
dedicated to preservation and display of rare books.
by malabargold
Fri Mar 30, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: $20,000 book - what to do with it
Replies: 34
Views: 6390

Re: $20,000 book - what to do with it

Perhaps donate it to a rare (or medium rare) book room
of a university with the stipulation that you and your heirs
and “assigns” can accesss it.

Tax break(?), well preserved, share it’s contents with scholars
for generations and your family can still read it.

Win-win.
by malabargold
Fri Mar 30, 2018 6:04 am
Forum: Personal Finance (Not Investing)
Topic: medical practice reimbursement issues
Replies: 35
Views: 3099

Re: medical practice reimbursement issues

Owner v. Employee
Not much he can do except leave, unless the
are guarantees or recourse stipulated in his contract.
by malabargold
Wed Mar 28, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Savannah or Charleston?
Replies: 49
Views: 4770

Re: Savannah or Charleston?

Charleston is one big tourist trap.
by malabargold
Mon Mar 26, 2018 9:40 pm
Forum: Personal Consumer Issues
Topic: Question for physicians-- is my taking call worth it?
Replies: 61
Views: 7537

Re: Question for physicians-- is my taking call worth it?

No signs of burnout you say?

Then you describe burnout.
Doing things only for the pay is another sign.
by malabargold
Fri Mar 23, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 49854

Re: MoviePass-Too good to be true, but it's legit.

What good quality data do they expect to harvest when the game is different for MoviePass users vs. the general public?

We’ve seen multiple films that we would never have paid
$15 a shot to see since we’ve had MP
by malabargold
Sun Mar 11, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: Need encouragement (on doing own taxes to save money)
Replies: 22
Views: 2124

Re: Need encouragement (on doing own taxes to save money)

Bargain your CPA down
Easy to do these days!
by malabargold
Sun Mar 11, 2018 2:35 pm
Forum: Personal Consumer Issues
Topic: Balsamic vinegar?
Replies: 31
Views: 4235

Re: Balsamic vinegar?

Most of the stuff you buy in locally cheese/oil/vinegar shops is
pushed through 2 chief suppliers, look for Veronica Foods
on the back of bottle
by malabargold
Sun Mar 11, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: House Hunting Concerns With Well
Replies: 41
Views: 3984

Re: House Hunting Concerns With Well

What about H2O quality
E. Coli. the only thing tested??
by malabargold
Sun Mar 11, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Plastic free coffee maker?
Replies: 22
Views: 2780

Re: Plastic free coffee maker?

I have people in my family who are petroleum
chemists, “retro-synthetic organic chemists” and chemical biologists- they steer clear of plastics+ heat
by malabargold
Sun Mar 11, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: Balsamic vinegar?
Replies: 31
Views: 4235

Re: Balsamic vinegar?

If you want less expensive but good (thick, tart-sweetish) “balsamic” go to any of innumerable franchisees of Veronica Foods, Oakland, Ca
by malabargold
Sat Mar 10, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Decisions for Widower
Replies: 20
Views: 1741

Re: Investment Decisions for Widower

If you have: up to 13 years to work, plus a pension, Plus a nest egg started, plus paid off real estate, plus College paid for the kids Plus a good cash fund already on hand The first of every month(or a day of your choice) I’d drip $20,000 into a total stock fund and $5000 into a total bond fund un...
by malabargold
Sat Mar 10, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: sell or keep home?
Replies: 7
Views: 846

Re: sell or keep home?

We get attached to people and animals, not things.

Keep fond memories but not the house.

The increased financial shape you’ll be in may enable
you to better help your kids today or further down the
road of the future.
by malabargold
Sat Mar 10, 2018 1:00 am
Forum: Personal Consumer Issues
Topic: Plastic free coffee maker?
Replies: 22
Views: 2780

Re: Plastic free coffee maker?

Bonmac dripper
by malabargold
Fri Mar 09, 2018 9:06 pm
Forum: Personal Consumer Issues
Topic: Large cutting board recommendations
Replies: 12
Views: 1872

Re: Large cutting board recommendations

I prefer hardwood boards, especially for hot items.

Don’t for get mineral oil to keep it from drying out.