Search found 13 matches

by Rocky Mountain
Tue Feb 16, 2016 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Potential demise of $100 bill
Replies: 5
Views: 1143

Re: Potential demise of $100 bill

With negative interest rates coming, the Fed/Treasury is concerned that people will run to the banks and hoard cash. How to prevent it? Take the cash away. And with everyone forced to rely on electronic transactions for everything, big brother can keep even better tabs.
by Rocky Mountain
Thu Jan 14, 2016 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: How do I start budgeting?
Replies: 28
Views: 3340

Re: How do I start budgeting?

First, I would say focus on tracking more than planning for a month or three. This will give you insight into what a reasonable budget looks like for you. Probably the biggest thing for budgeting, even if you are only tracking, is getting your categories down. This is highly personal. My overall poi...
by Rocky Mountain
Sun Jan 10, 2016 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: New YNAB Available - Now with Auto-Import
Replies: 29
Views: 8490

Re: New YNAB Available - Now with Auto-Import

I've been a YNAB4 user, and I started the new YNAB free trial yesterday. A few first thoughts: 1. There are no reports at all. They say it's coming. But I wonder why roll it out now when it is missing such a big piece of the software that people are used to? 2. I am eager to see some imported transa...
by Rocky Mountain
Tue Nov 24, 2015 3:14 pm
Forum: Investing - Theory, News & General
Topic: $100 On October 9th, 2007 Worth How Much Today?
Replies: 29
Views: 6589

Re: $100 On October 9th, 2007 Worth How Much Today?

If you don't like it, calculate your returns in dB (decibels). Problem solved. Yes, I am an engineer. In your example: Original value is $100 50% decline value is now $50 50% advance value is now $75 So after a 50% decline and 50% advance, you are down Note that result would be the same if advance ...
by Rocky Mountain
Tue Nov 24, 2015 2:42 pm
Forum: Investing - Theory, News & General
Topic: $100 On October 9th, 2007 Worth How Much Today?
Replies: 29
Views: 6589

Re: $100 On October 9th, 2007 Worth How Much Today?

If you don't like it, calculate your returns in dB (decibels). Problem solved.

Yes, I am an engineer.
by Rocky Mountain
Sat Oct 03, 2015 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Another new two comma club member
Replies: 60
Views: 10275

Re: Another new two comma club member

My suggestion is to include all your assets including house equity if it's needed to get over the hump, and celebrate once you get there. Then, monitor for when you can be in the 2 comma club without the aid of the house equity, and celebrate once you get there. Then gradually exclude any college sa...
by Rocky Mountain
Fri Oct 02, 2015 3:12 pm
Forum: Investing - Theory, News & General
Topic: Gold synthesis and its effects on long term store of value
Replies: 77
Views: 6752

Re: Gold synthesis and its effects on long term store of value

My point was that in any one of these apocalyptic scenarios, gold is unlikely to be very liquid, or desired, as an asset or a medium of exchange. A return to the gold standard is improbable. There is not enough gold . The gold standard existed for a relatively short period, and was only enabled by ...
by Rocky Mountain
Thu Oct 01, 2015 2:55 pm
Forum: Investing - Theory, News & General
Topic: Gold synthesis and its effects on long term store of value
Replies: 77
Views: 6752

Re: Gold synthesis and its effects on long term store of value

If gold is insurance against some disaster or catastrophe, please describe the disaster or catastrophe that would increase your desire or need for gold. L. Goldbugs would say something like: Central Banks worldwide cranking their printing presses in an attempt to devalue their currency and grow the...
by Rocky Mountain
Tue May 19, 2015 4:34 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3445
Views: 1021326

Re: What Book Are You Currently Reading? Part VI

I just finished "The life-changing magic of tidying up" by Marie Kondo. It's motivated me to get started. If only life would get out of the way so I can take it to completion.
by Rocky Mountain
Mon Apr 20, 2015 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Tax withholding for lump sums
Replies: 4
Views: 736

Tax withholding for lump sums

Hi all, I am doing some post-mortem analysis of my tax situation, and I am looking for a better way to handle tax withholding. There's nothing like writing a 5 figure check to the IRS to provide the motivation. The basic problem I have is that I receive some lump sums as part of my compensation (RSU...
by Rocky Mountain
Thu Apr 09, 2015 4:48 pm
Forum: Personal Consumer Issues
Topic: Planning Washington DC Sightseeing
Replies: 58
Views: 8287

Re: Planning Washington DC Sightseeing

I just got back from tagging along with my kid's 8th grade trip to DC (and NYC). This is what we did, and what we didn't and why. Smithsonian - You can spend your entire trip doing this if you want. We did the Air & Space Museum out by Dulles. It has the Space Shuttle and Enola Gay. A must see if yo...
by Rocky Mountain
Fri Feb 06, 2015 6:07 pm
Forum: Personal Consumer Issues
Topic: Sleeping bags for cold weather
Replies: 30
Views: 3893

Re: Sleeping bags for cold weather

Done a lot of winter camping with the Boy Scouts. Ever slept outside when it got to -18? Random thoughts: 1. Go to an Army surplus and pick up a wool blanket or three. Wool is an amazing material that is super warm and stays that way even if wet. I'll throw a wool blanket in the vehicle if I'm going...
by Rocky Mountain
Fri Sep 19, 2014 4:39 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1496827

Re: What Book Are You Currently Reading? Part V

I've begun reading: "Feynman Lectures on Physics"

Could take me a while.