Search found 637 matches

by PVW
Thu Jul 02, 2020 3:00 pm
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 174
Views: 17367

Re: YoutubeTV subscription now $64.99/month

I don't want any of the new channels they added at the same time they announced the price increase. If they can add in some atrocious customer service, they'll be getting pretty close to a regular cable service. My guess is that when too many customers start to complain and leave because of the pric...
by PVW
Thu Jun 18, 2020 4:11 pm
Forum: Personal Investments
Topic: Larry beats the S&P 500.
Replies: 126
Views: 11337

Re: Larry beats the S&P 500.

Opinion: Proof that you can outperform with the right actively managed stock fund Larry Puglia, the manager of TRBCX, has out performed the S&P 500 for 27 years. Cumulative. There are a lot of ways to spin the numbers, but looking at cumulative return since inception makes it look like he's killing...
by PVW
Mon May 18, 2020 1:41 pm
Forum: Personal Investments
Topic: RSUs [how long to hold]
Replies: 32
Views: 1519

Re: RSUs [how long to hold]

I am currently vesting into RSUs. What is the Boglehead philosophy on whether to hold or sell? Is it best to hold for a year to get capital gains rates or sell once I vest in order to take the money and run? How should I be thinking about this? When your RSUs vest, they are taxed as regular income....
by PVW
Wed May 13, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 240
Views: 12302

Re: Dentist charges $10 for PPE

$10 sounds expensive for a mask and latex gloves, but who ever expects to pay the nominal cost of goods and services at the dentist? "PPE" is probably a catch-all for everything they're doing to mitigate COVID 19 transmission - extra sanitation, fewer customers, gloves, masks, handling complaints ab...
by PVW
Wed May 13, 2020 8:09 am
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 310
Views: 17676

Re: Paul Tudor: Compelling case for bitcoin ?

Have you seen this article by Paul Tudor ? [...] Thoughts ? My feeling is that Bitcoin is the prime example of the Greater Fool theory of investing, but I try not to let my feelings inform my investing decisions. Jones and Giorgianni discuss the case for Bitcoin in terms of a currency - as a store ...
by PVW
Thu Apr 30, 2020 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Pension Annuity Distribution Options advice please
Replies: 16
Views: 938

Re: Pension Annuity Distribution Options advice please

Probable PV $000 Starting at Age Disc ----------------- Rate Type 55 60 65 ---- ---------- --- --- --- 2% Single 248 246 204 2% Joint 100% 262 265 226 3% Single 218 209 168 3% Joint 100% 225 221 183 4% Single 194 179 139 4% Joint 100% 197 186 149 The apparent reduction in PV at age 65 is significan...
by PVW
Thu Apr 30, 2020 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 18043

Re: Quitting a job after two weeks: relocation expenses

I sympathize - what you describe sounds like my own personal hell. But... You should evaluate whether you'd enjoy this job if you were more efficient and knew what you were doing. The times in my career that I've grown the most are when I'm required to work outside my comfort zone. If you can envisi...
by PVW
Wed Apr 29, 2020 1:25 pm
Forum: Investing - Theory, News & General
Topic: What explains the continued rise in equities?
Replies: 167
Views: 13208

Re: What explains the continued rise in equities?

It's all those aspiring day traders. Now they have the time to do it and they're driving up demand. Who really knows what drives short term stock prices? Logic is not the answer. I watch the news of a single company (my employer), and often the price moves counter to what I would have guessed. It re...
by PVW
Thu Apr 23, 2020 3:44 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 929
Views: 56047

Re: What are you listening to now

Finnigan And Wood ‎– Crazed Hipsters

I can only find it on youtube, but a fine album that should be re released. They do very nice versions of Hard Times, Death Letter Blues and Down in the Flood.
by PVW
Tue Apr 21, 2020 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want me to pay off their mortgage in exchange for title
Replies: 102
Views: 9465

Re: Parents want me to pay off their mortgage in exchange for title

Lynx310650 wrote: Tue Apr 21, 2020 2:57 pm We'll work out stuff like property tax, maintenance, etc.
If you are considering this as an act of charity, you should assume that at some point you will need to pay for all housing associated costs.
by PVW
Mon Apr 20, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: No longer desiring promotion - change career?
Replies: 43
Views: 2957

Re: No longer desiring promotion - change career?

Hi Everyone, I am in my late 30s and have lost any ambition I once had to "be successful" and continue to progress in my career. I have been in my role at my company for several years now, and have not applied for a promotion (to be a middle manager) as the job just does not stimulate me and the co...
by PVW
Mon Apr 20, 2020 3:00 pm
Forum: Investing - Theory, News & General
Topic: How to "invest" in oil?
Replies: 85
Views: 6726

Re: How to "invest" in oil?

Negative oil prices! Who would have thunk that? I hope USO can't go negative. I wouldn't want to lose $5 on my $4 "investment". Texas Oil at $2 a Barrel Raises Specter of Negative Prices [behind paywall] https://www.bloomberg.com/news/articles/2020-04-17/texas-oil-at-2-a-barrel-raises-specter-of-ne...
by PVW
Thu Apr 16, 2020 1:57 pm
Forum: Personal Consumer Issues
Topic: Portable AC keeps tripping breaker
Replies: 26
Views: 4004

Re: Portable AC keeps tripping breaker

Without an electrician, the only acceptable solution is to either reduce the load on the circuit breaker or plug the AC unit into an outlet on a different circuit breaker.
by PVW
Fri Apr 10, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: COVID-19 Stimulus Payment Issue
Replies: 86
Views: 7941

Re: COVID-19 Stimulus Payment Issue

The only way to have resolved this fairly would have been to not have done a stimulus check at all and instead, simply provide a bigger boost to unemployment benefits so those loosing their jobs would get all the needed benefits. I agree, this would provide help to those directly effected and easil...
by PVW
Thu Apr 09, 2020 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: COVID-19 Stimulus Payment Issue
Replies: 86
Views: 7941

Re: COVID-19 Stimulus Payment Issue

The only way to have resolved this fairly would have been to not have done a stimulus check at all and instead, simply provide a bigger boost to unemployment benefits so those loosing their jobs would get all the needed benefits. I actually think this would have been better. As a retiree who had my...
by PVW
Thu Apr 02, 2020 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: COVID-19 Stimulus Payment Issue
Replies: 86
Views: 7941

Re: COVID-19 Stimulus Payment Issue

Well, it's true that life isn't fair and all that, but it seems sensible to me that the same year should be used for everyone and I don't think it should be year 2019. I'm in the situation where I qualfied in 2018 and all prior years, but didn't in 2019 because of my first RMD. I don't really care ...
by PVW
Thu Apr 02, 2020 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: COVID-19 Stimulus Payment Issue
Replies: 86
Views: 7941

Re: COVID-19 Stimulus Payment Issue

My son has a situation which I am sure must be fairly common. He qualifies for a payment based on his 2018 income but will not qualify based on his 2019 income. Fortunately, he hasn't filed yet for 2019, so I guess he will receive a check. But it creates what seems like a major inequity, as many pe...
by PVW
Wed Apr 01, 2020 1:04 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 19430

Re: Is the coming pain really "priced in"?

The market has priced in the average future pain as predicted by the willing market participants. The market has also priced in the average prediction of error in the prediction of future pain. And so forth.

The average prediction is wrong most of the time.
by PVW
Fri Mar 27, 2020 8:16 am
Forum: Personal Consumer Issues
Topic: Lawnmower recommendation (Gas + SP)
Replies: 48
Views: 1610

Re: Lawnmower recommendation (Gas + SP)

No oil changes on a gas mower will ensure you get a new mower every 5 years or so. :annoyed Change the oil and clean out the air filter and a gas lawnmower will run forever unless you hit something metal with the blade. I would check out the Snapper 82v electric at Amazon. Buy an extra battery. I a...
by PVW
Fri Mar 27, 2020 8:05 am
Forum: Personal Consumer Issues
Topic: Lawnmower recommendation (Gas + SP)
Replies: 48
Views: 1610

Re: Lawnmower recommendation (Gas + SP)

Another vote for Toro. I bought a Model 20340 in spring 2016 for about $400 at Home Depot. I chose this model for the large rear wheels for my hilly and potholed yard, Briggs and Stratton engine for the reputation, and the folding handle which I don't actually use much. Mulching was also important, ...
by PVW
Wed Mar 11, 2020 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Unmarried home ownership, joining his preexisting purchase
Replies: 72
Views: 3766

Re: Unmarried home ownership, joining his preexisting purchase

Many are looking at this through a lens of finances and traditional relationships. The bottom line is that both of you need to figure out what is agreeable. I am in a similar situation except without any kids at home. My girlfriend has lived in the house that I own for about 10 years. She contribute...
by PVW
Wed Mar 04, 2020 12:26 pm
Forum: Personal Consumer Issues
Topic: Coronavirus: Why Are People Buying Water?
Replies: 61
Views: 4412

Re: Coronavirus: Why Are People Buying Water?

hirlaw wrote: Wed Mar 04, 2020 11:33 am Why are people buying water in preparation for a Coronavirus quarantine?
Because everyone else is buying water and if I don't get some, then I won't have some.
by PVW
Thu Feb 27, 2020 2:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20240
Views: 2763788

Re: U.S. stocks in free fall

I’ll play! :P Don't feed the trolls. "Disproving" wild claims is a common tactic - the (il)logical conclusion is that the claims must be true if the audience doesn't engage. This particular troll likes this tactic (from a recent thread - disprove that brainscanning was a threat to bitcoin) and play...
by PVW
Fri Feb 14, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Identity theft
Replies: 13
Views: 2060

Re: Identity theft

What would you do with that information? That is a good question that I had to think about for a second. I would see if it was part of a larger PII disclosure that is eligible for some sort of free credit monitoring service or other benefit that would help to mitigate further issues down the road. ...
by PVW
Fri Feb 14, 2020 9:35 am
Forum: Personal Investments
Topic: Need help in evaluating lump sum/pension options for couple friend
Replies: 34
Views: 1136

Re: Need help in evaluating lump sum/pension options for couple friend

take advantage of what looks to be a pretty good annual return for deferring the benefits to 65 Not much advice from me. These decisions come down to unknown risk. Higher than expected inflation or early death usually means they should have taken the lump sum. Lower inflation or long life means the...
by PVW
Fri Feb 14, 2020 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Identity theft
Replies: 13
Views: 2060

Re: Identity theft

yangtui wrote: Wed Feb 12, 2020 8:53 pm I would be more concerned about how they got your info.
What would you do with that information?
by PVW
Thu Feb 13, 2020 4:25 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18945

Re: Who’s Buying Bitcoin?

Ignoring price manipulation is a bit ignorant in my opinion. It is one of the risks of owning Bitcoin and every speculator must understand it and take it into account. If enough people fear manipulation then there won’t be an increase in demand as supply slowly increases. Value will fall. Another m...
by PVW
Thu Feb 13, 2020 3:41 pm
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 434
Views: 31501

Re: What is the best concert you ever witnessed?

Not the best, but a good one none the less... In 2004, I saw Bo Diddly at the Lensic in Santa Fe. He was a bit past his prime and out of sync with the local backing band, but he loved to play and the crowd loved his enthusiasm. He had a bandage on his arm that he kept talking about and he told a sto...
by PVW
Thu Feb 13, 2020 12:40 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18945

Re: Who’s Buying Bitcoin?

Risks for Bitcoin: Governments allowing black money and removing restrictions on cash Offshores becoming less controlled Brain scanning software coming to fruition, but that would be risk for any passwords and everything It's hard to take you seriously when you list brain scanning and leave out mar...
by PVW
Tue Feb 11, 2020 8:31 am
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 434
Views: 31501

Re: What is the best concert you ever witnessed?

TheNightsToCome wrote: Mon Feb 10, 2020 10:48 pm Muddy Waters at a small club sometime between 1978 and 1981.
If I were judging this contest, you'd win. I would have loved to see Muddy Waters in his element. Without Muddy, who knows what modern music would be.
by PVW
Fri Feb 07, 2020 12:53 pm
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 434
Views: 31501

Re: What is the best concert you ever witnessed?

what a list! For me ... 1967 Monterey Jazz Festival Blues afternoon: BB King, T-Bone Walker(I think), and others were fantastic, but ... when Big Brother and the Holding company warmed up, people started to get up and leave. Janis Joplin started belting out Big Mama Thornton's Ball and Chain, they ...
by PVW
Wed Feb 05, 2020 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Trustee wanting detailed accounting of finances pre-death
Replies: 10
Views: 1704

Re: Trustee wanting detailed accounting of finances pre-death

Thecaretaker wrote: Wed Feb 05, 2020 1:50 pm Legally, is she entitled?
I have no idea, but it's possible she feels she's obligated to account for these recent expenditures. I wouldn't be too quick to assume she's questioning your integrity.
by PVW
Tue Feb 04, 2020 8:22 am
Forum: Investing - Theory, News & General
Topic: A Simple Test In Your Belief In Market Efficiency
Replies: 228
Views: 11169

Re: A Simple Test In Your Belief In Market Efficiency

I can't stand this board's conception of efficient markets. [...] I create a work of art. Call it Tomcat96 art. I try to sell it. Is the market efficient for that art? If your artwork is part of the All Art Index, then I'll buy it at market value. For many Bogleheads, Efficient Markets are an ideol...
by PVW
Mon Feb 03, 2020 9:52 am
Forum: Personal Consumer Issues
Topic: Books that changed your life
Replies: 242
Views: 22499

Re: Books that changed your life

In the very literal interpretation of changing my life, what I do for my career is the single biggest influence. The course of my career is defined by a specific area of engineering. There are several influential authors, but probably the most influential text in my field is 'The Finite Element Meth...
by PVW
Mon Feb 03, 2020 8:48 am
Forum: Investing - Theory, News & General
Topic: A Simple Test In Your Belief In Market Efficiency
Replies: 228
Views: 11169

Re: A Simple Test In Your Belief In Market Efficiency

MotoTrojan wrote: Sun Feb 02, 2020 8:53 pm Do any nations in a developed market index have dictatorship governments?
None of the countries that compose the FTSE Developed ex North America Index have authoritarian governments. The possible exception is Hong Kong, which is at least partially subject to the authoritarian rule of China.
by PVW
Sun Feb 02, 2020 5:15 pm
Forum: Investing - Theory, News & General
Topic: A Simple Test In Your Belief In Market Efficiency
Replies: 228
Views: 11169

Re: A Simple Test In Your Belief In Market Efficiency

Random Walker wrote: Sun Feb 02, 2020 2:31 pm how can a true believer in efficient markets be anywhere else than roughly world market cap weighting of their equity portfolio?

Dave
Are there any true believers in efficient markets? Does anyone really believe all the traders in China or Russia are working with the same information? I don't.
by PVW
Fri Jan 24, 2020 10:11 am
Forum: Personal Finance (Not Investing)
Topic: I am not very good at my job
Replies: 48
Views: 8047

Re: I am not very good at my job

And yet I just don’t feel like I’m doing well, at all. Truly bad employees don't know or don't care that they are doing poorly. Self-awareness of your abilities and contributions means you are doing just fine, even if your current performance needs improvement. Improvement only requires changing yo...
by PVW
Wed Jan 22, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on moving to Pennsylvania
Replies: 53
Views: 4450

Re: Advice on moving to Pennsylvania

A few comments. G.) All liquor is sold by the state liquor control board stores. Liquor can be bought at state-owned stores. PA distilleries can sell there own liquor as well. There's also a rule that for places that make their own alcohol, they can sell other PA produced alcohol. A distillery clos...
by PVW
Tue Jan 21, 2020 1:18 pm
Forum: Personal Consumer Issues
Topic: what to do with old engineering text books
Replies: 72
Views: 5714

Re: what to do with old engineering text books

For textbooks, there is another factor that comes into play, especially in the sciences and social sciences. Many faculty will require students to purchase textbooks with an access code. You can buy the code alone, but it is priced as essentially costing the same as if you get it bundled with the t...
by PVW
Mon Jan 20, 2020 2:08 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 929
Views: 56047

Re: What are you listening to now

Misenplace wrote: Sun Jan 19, 2020 10:20 pm Vintage Trouble. They are even better live.

https://www.youtube.com/watch?v=UfvSie-7AHU

Ty Taylor on his own (or rather, a duet with Paloma Faith):
https://www.youtube.com/watch?v=yQ95vBg_ick
Thanks for that. I didn't know Vintage Trouble before, but really like what I hear so far.
by PVW
Sat Jan 18, 2020 10:56 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 929
Views: 56047

Re: What are you listening to now

Nicolas wrote: Fri Jan 17, 2020 5:27 pm When a Guitar Plays The Blues — Roy Buchanan
Chicago Smokeshop and Hawaiian Punch are great. If you haven't already, you should watch him play Peter Gunn on youtube. Roy was an absolute magician on the guitar.
by PVW
Thu Jan 16, 2020 12:52 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18945

Re: Who’s Buying Bitcoin?

I’m about to pull trigger and buy bitcoin, ethereum, and some Litecoin tomorrow. Who else is investing in these? What % allocation are you going with? US dollars are going to rise in value relative to cryptocurrencies. I'm sure enough of this that I've used my entire cryptocurrency allocation to bu...
by PVW
Wed Jan 15, 2020 9:53 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 929
Views: 56047

Re: What are you listening to now

Jeff Beck Appearing Live this Week at Ronnie Scott's If there is any doubt that Beck is the greatest living Rock guitarist, this live performance recorded and videoed back in 2008 will erase it. I was never a fan of Beck until I stumbled across it on late night TV a few years ago. Since then, I've ...
by PVW
Tue Jan 14, 2020 3:42 pm
Forum: Personal Consumer Issues
Topic: what to do with old engineering text books
Replies: 72
Views: 5714

Re: what to do with old engineering text books

I have many old text books from the mid 80's when I graduated college. They include physics,calculus, and upper division engineering. I have decided to get rid of them since I am now retired almost three years but don't want to just throw them away. the local junior college library does not want th...
by PVW
Mon Jan 13, 2020 3:16 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 929
Views: 56047

Re: What are you listening to now

4 33 by John Cage.
by PVW
Fri Jan 10, 2020 12:46 pm
Forum: Personal Consumer Issues
Topic: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?
Replies: 75
Views: 6408

Re: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?

I live near the foothills and walk in them everyday for exercise. Almost every home that gets bought ends up having to have a new septic system put in within a couple months. Thank goodness I live where there is provided sewer. People plant things never thinking what the roots will do. I think you ...
by PVW
Thu Jan 09, 2020 3:40 pm
Forum: Personal Consumer Issues
Topic: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?
Replies: 75
Views: 6408

Re: New Sewer Line 2 weeks after Home Purchase. Any Legal Recourse?

We recently purchased a home. We did not get the sewer inspected. Within 8 days of being in the home, the basement flooded because of a backup in the sewer pipe. A plumbing company cleaned out the sewer pipe, and then 2 weeks later were able to send a camera through the sewer line to see roots dest...
by PVW
Wed Jan 08, 2020 4:36 pm
Forum: Personal Investments
Topic: Helping with inheritance
Replies: 16
Views: 1323

Re: Helping with inheritance

Also be aware that when it comes time to make changes to the inherited CDs, the local bank might try to guide your in-laws into investments such as annuities or whole life. The sales pitch can be quite convincing coming from someone they have trusted with their money for a long time. You should educ...
by PVW
Wed Jan 08, 2020 1:54 pm
Forum: Investing - Theory, News & General
Topic: Advisor laying out a convincing argument for active management?
Replies: 43
Views: 3148

Re: Advisor laying out a convincing argument for active management?

In hindsight, there will always be funds that outperform their benchmarks. Even over long periods. Probably some of it is luck, probably some of it is skill. The real question you need to ask is "How well have the funds done since they were purchased?". It's possible the funds have been chosen for t...
by PVW
Wed Jan 08, 2020 1:41 pm
Forum: Investing - Theory, News & General
Topic: All investment gurus eventually fail.
Replies: 4
Views: 551

Re: All investment gurus eventually fail.

Compare volatility and performance to SP500. This is probably what most of us do because it's a benchmark relevant to our own investments, but it (probably) isn't a good benchmark for Pure Alpha II. When compared to similar investments, I have no idea if 0% is a good or bad return for Pure Alpha II...