Search found 79 matches

by WS1
Fri Nov 08, 2019 6:59 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 21028

Re: Holding bonds vs 100% equities

Wow, this thread is a classic and fascinating example of how AA recommendations can differ depending on if the responding poster is a risk seeker or risk averse . Once again, It's very clear that these two types of investors CANNOT understand or even see the other side. What is clear is 100% stocks...
by WS1
Wed Oct 23, 2019 9:18 am
Forum: Personal Investments
Topic: Earthquake country & accelerated mortgage payments
Replies: 14
Views: 904

Re: Earthquake country & accelerated mortgage payments

I’m not a real estate investor, but from what i’ve gleaned over the years I wouldn’t be surprised if they thought stripping equity in a non-recourse state is a good risk management technique.
by WS1
Fri Oct 11, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Open Enrollment - to HSA or not HSA?
Replies: 21
Views: 2967

Re: Open Enrollment - to HSA or not HSA?

Is the Out of Pocket Max the same for both plans?
by WS1
Wed Oct 09, 2019 4:43 pm
Forum: Personal Investments
Topic: Fee-only planner for federal employees?
Replies: 30
Views: 2060

Re: Fee-only planner for federal employees?

The XY Planning Network has a “government employee” filter on their search page. I don’t think anyone here would have a problem with a Michael Kitces blessed organization.
by WS1
Wed Oct 09, 2019 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Making money with oversized rooftop solar system?
Replies: 22
Views: 2705

Re: Making money with oversized rooftop solar system?

Can you increase your electric usage to match your rooftop potential?
I’m thinking heat pump hot water heater, induction stove, and an electric vehicle.
by WS1
Fri Oct 04, 2019 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: How to prioritize?
Replies: 13
Views: 1137

Re: How to prioritize?

So would you leave the PMI as is? ... and what is an ideal mortgage to income ratio I should aim for? Based on the OP numbers (PMI: $96/month; Principle: $269,000; PMI drops at $242000), PMI is costing 96*12/(269000 - 242000) = 4.3%. As your remaining principal drops closer to $242K that percentage...
by WS1
Thu Oct 03, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Buying and living in a multi family unit
Replies: 24
Views: 1235

Re: Buying and living in a multi family unit

I looked into this last year and was told the following for a property requiring a jumbo loan. Could probably do 15% down 75% of rents would be credited towards my income 6 months of PITI in accessible assets. Check out the house hacking advocates and the Incremental Development Alliance for some re...
by WS1
Wed Oct 02, 2019 5:46 am
Forum: Investing - Theory, News & General
Topic: When Value Is More Valuable
Replies: 76
Views: 5351

Re: When Value Is More Valuable

This exchange is a great example of how factor analysis often ends up just being a tautology. Fama/French identified factors behind investment returns and then used these factors to explain their existence. There is a lot of circular reasoning found in the Fama/French analysis and in your answers, ...
by WS1
Tue Oct 01, 2019 6:36 pm
Forum: Investing - Theory, News & General
Topic: When Value Is More Valuable
Replies: 76
Views: 5351

Re: When Value Is More Valuable

This has been bugging me for a while.

Is it possible that value metrics are a good way to help evaluate individual stocks but are not useful for investing at the index level when we have to sort things into arbitrary buckets and make rules based decisions using just a couple metrics?
by WS1
Wed Sep 25, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone pivot away from Corporate America
Replies: 18
Views: 3830

Re: Anyone pivot away from Corporate America

Wife took 6 years off to stay home with the kiddos. Before it happened, we talked a lot about her going part time during that period. Honestly, it felt like we would lose the benefit of her staying at home, and end up with a lot of the stress we were trying to lessen at the time (hectic mornings an...
by WS1
Mon Sep 23, 2019 1:32 pm
Forum: Personal Consumer Issues
Topic: Buying a home with unpermitted addition
Replies: 59
Views: 6232

Re: Buying a home with unpermitted addition

If you want to contemplate legalization please have a architect or surveyor determine if the addition could legally be built. There’s a big difference between legalizing something built without permits and legalizing something that violates 3 sections of the zoning code.
by WS1
Mon Sep 02, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest
Replies: 56
Views: 5949

Re: Dr. Bill Bernstein: Next "Bogleheads on Investing" podcast guest

This is more of a request than a question. Bernstein was recently interviewed on Christine Benz' Morningstar podcast, "The Long View". There's quite a bit there about his background, how he got into finance, and how his firm interacts with clients, including those that want to deviate a bit from th...
by WS1
Wed Aug 28, 2019 2:36 pm
Forum: Investing - Theory, News & General
Topic: Is medium/long term planning (>5 yrs) useless?
Replies: 20
Views: 1183

Re: Is medium/long term planning (>5 yrs) useless?

Plans are useless. Planning is essential. This ^^^ captures the essence of it. The process is one of successive approximations. Planning in detail is not possible but being prepared is possible. Don't let all the doors close due to your own neglect. Life is uncertain but that does not justify being...
by WS1
Wed Aug 28, 2019 1:47 pm
Forum: Investing - Theory, News & General
Topic: Is medium/long term planning (>5 yrs) useless?
Replies: 20
Views: 1183

Re: Is medium/long term planning (>5 yrs) useless?

Plans are useless. Planning is essential.
by WS1
Mon Aug 26, 2019 2:22 pm
Forum: Personal Consumer Issues
Topic: Coffee becomes cold too soon
Replies: 116
Views: 8620

Re: Coffee becomes cold too soon

Put really hot water in your mug while the coffee brews. Coffee will stay really hot and you avoid the sin of putting it in metal, which is bad for flavor.
by WS1
Mon Aug 12, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Polish Beer
Replies: 24
Views: 1700

Re: Recommendations for Polish Beer

I just moved from a very Polish neighborhood. Please don’t drink their beers. There are many quality American lagers. Tröegs and Victory offerings are my present favorites.
by WS1
Fri Aug 09, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Buy historic, walkable home or stay in blah subdivision with short commute?
Replies: 56
Views: 6116

Re: Buy historic, walkable home or stay in blah subdivision with short commute?

DO IT

Maybe 2% of Americans have the opportunity to live in a truly walkable community that fits their desired level of safety and school quality.

But maybe I’m biased because I think everything developed post WW2 was a mistake and needs a do-over.
by WS1
Sat Aug 03, 2019 8:47 am
Forum: Personal Consumer Issues
Topic: Long Island NY housing
Replies: 55
Views: 4652

Re: Long Island NY housing

Thanks for all your replies. I am an MD and work in Brooklyn Queens area. These three towns have the best school district in westernmost LI. LIRR from great neck does not go to the place where I work. Garden City LIRR is very close to my work place in Brooklyn. NYC income tax is a big reason to avo...
by WS1
Fri Aug 02, 2019 6:29 pm
Forum: Personal Consumer Issues
Topic: Long Island NY housing
Replies: 55
Views: 4652

Re: Long Island NY housing

Outafter20 wrote:
Fri Aug 02, 2019 6:21 pm
I grew up in that area and went to high school in Manhasset. I currently live on the south shore of Nassau County.

The areas you mentioned are still good but super expensive. The LIRR from Manhasset and Great Neck is quick to NYC.

PM me is you have any specific questions.
Best username ever!
by WS1
Fri Aug 02, 2019 5:42 pm
Forum: Personal Consumer Issues
Topic: Long Island NY housing
Replies: 55
Views: 4652

Re: Long Island NY housing

messaged you
by WS1
Fri Aug 02, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed: Potential first home buyer (rent vs buy)
Replies: 14
Views: 928

Re: Advice Needed: Potential first home buyer (rent vs buy)

How did you decide how much you'd pay for a duplex? I live in city with a decent number of 2 family homes mixed among the single families. The location is the same, I think the amenities of 2 family balance against the amenities of single family, and the 2 family (like most here) is definitely desi...
by WS1
Fri Aug 02, 2019 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed: Potential first home buyer (rent vs buy)
Replies: 14
Views: 928

Re: Advice Needed: Potential first home buyer (rent vs buy)

duplex owner occupier here. The main problem is that when you want to move somewhere else, you compare future housing costs to current housing costs and everything looks expensive. Owner occupying a duplex or even better triplex or four plex is really an inexpensive way to put a roof over your head...
by WS1
Mon Jul 29, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Explain why long-term bonds aren't awesome
Replies: 120
Views: 24455

Re: Explain why long-term bonds aren't awesome

I have a long term bond investment for you. It is a 30-year inflation protected bond with a real yield of 0.50% (the real yield of 30-year TIPS is 0.81%). Unlike TIPS the principal is guaranteed not to decline in the event interest rates skyrocket and they can be liquidated at any time. They are gu...
by WS1
Wed Jul 24, 2019 10:44 am
Forum: Personal Consumer Issues
Topic: Oil to natural gas conversion anyone?
Replies: 43
Views: 2248

Re: Oil to natural gas conversion anyone?

Don't forget to investigate Geothermal and Air Source Heat Pumps. Depending on local climate and potential rebates, these could pair really well with an investment in rooftop solar. Electrify Everything, as the kids say
by WS1
Wed Jul 24, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 297953

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

This thread got a brief mention on the latest episode of the Animal Spirits podcast. I guess the party's over
by WS1
Tue Jul 23, 2019 8:51 pm
Forum: Personal Investments
Topic: Can we afford $600k home?
Replies: 98
Views: 7105

Re: Can we afford $600k home?

Grt2bOutdoors wrote:
Tue Jul 23, 2019 8:17 pm
.... No lender will give you a mortgage of 90% without PMI. There’s too much risk for them and too much risk for you.
Sure they will. The rate might just be higher. Lot’s of moving pieces, just like a car lease.
by WS1
Tue Jul 23, 2019 6:10 pm
Forum: Personal Investments
Topic: Can we afford $600k home?
Replies: 98
Views: 7105

Re: Can we afford $600k home?

I have yet to put my money where my mouth is. Don't listen to me. I can only layout my research and thought experiments Family, saving to purchase in HCOL with good rental stock. Haven't bought yet because we aren't sure where we want to settle and our finances haven't been settled enough to decide ...
by WS1
Mon Jul 22, 2019 9:17 pm
Forum: Personal Consumer Issues
Topic: Whole Bean Coffee: Worth the effort?
Replies: 90
Views: 5569

Re: Whole Bean Coffee: Worth the effort?

How long can you store green coffee beans? Cool, dry, air tight? Refrigerate? Sealed container? Do they sweat or get damp? Mold? Sprout? The old adage is the rule of 15s: "Coffee that is not roasted within 15 months of picking, ground within 15 days of roasting, and brewed within 15 minutes of grin...
by WS1
Thu Jul 18, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 289
Views: 22140

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

Sure, but that’s not why you should move to an expensive city.
It’s career opportunities that only exist in HCOL
It’s amenities that only exist in HCOL
It’s family in HCOL
by WS1
Mon Jul 15, 2019 8:15 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 5689

Re: Phase out EF [Emergency Fund]?

As with any thread related to EF, please be cautious of those who say they don’t have one. They sometimes leave out the fact that they have a large pile of money in their checking account - $10k or more in some cases. It’s great to hear all of the other practices but do what works for you. +1 “I do...
by WS1
Sun Jul 14, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Help me estimate how much my pension is worth?
Replies: 15
Views: 3048

Re: Help me estimate how much my pension is worth?

This is called the "pension handcuffs" calculation because it indicates how much you "lose" by retiring early or retiring and switching employers. As you get more years of service and age the figures get large and it can be unrealistic to match them at a new employer. I know for me at around age 50...
by WS1
Wed Jul 10, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: De-Risking and Diversification aren't the same thing.
Replies: 106
Views: 8499

Re: De-Risking and Diversification aren't the same thing.

I’ve been following all the recent (and not so recent) conversations on role long term treasuries can play. How do zero coupons fit into this conversation? The brokerage window of my workplace account has two commission free long term treasury choices, but I’m not even sure if they’re comparable in ...
by WS1
Sun Jul 07, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Is Grass-fed milk worth it?
Replies: 82
Views: 4606

Re: Is Grass milk worth it?

I guess I’ve bought into the hype that grass based is better for the land and the animals. I don’t drink milk, but Maple Hill’s plain yogurt and kefir are great.
by WS1
Sat Jul 06, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Need Perspectives on Potential Home Buying Decision
Replies: 20
Views: 1325

Re: Need Perspectives on Potential Home Buying Decision

Is that take home pay adjusted for the tax implications of the proposed home? I don’t really want to know. I’m just being a jerk because I find take home pay too squishy a number.
by WS1
Fri Jul 05, 2019 6:59 pm
Forum: Personal Consumer Issues
Topic: Buying a suit
Replies: 35
Views: 2302

Re: Buying a suit

Suit Supply, J.crew, Charles Tyrwhitt,

Just get something not comically slim and you’ll avoid buying something too trendy.
by WS1
Tue Jul 02, 2019 9:06 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 5860

Re: 2019 Subaru Forester Eyesight System?

I have a 2018 Crosstrek with Eyesight. I've always been a heavy cruise control user, and the adaptive system is outstanding. Wife's RAV4 has the Toyota version, and it's pretty good too. When I was rear-ended by a Jeep driver who evidently had no such system in operation, I drove a loaner while it ...
by WS1
Tue Jul 02, 2019 12:15 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 5860

Re: 2019 Subaru Forester Eyesight System?

2018 Outback

2/3 of my driving is congested urban highway, mostly stop and go. The ability of the subaru to come to a complete stop and start moving again on its own is why I bought the car. The fact that it can creep along at 15 mph with me doing nothing but steer is amazing!!!
by WS1
Tue Jul 02, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: HCOL vs LCOL Dilemma
Replies: 96
Views: 5311

Re: HCOL vs LCOL Dilemma

What is this “quality of life” so many of you speak about? Last time I checked everyone seems to have different preferences and priorities. I seriously doubt my friend raising his family in a newish 4000sq ft house in the burbs of a medium sized midwest city would willingly swap into my family situa...
by WS1
Sun Jun 30, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6362

Re: Lease vs Buying a Car

Just one wrinkle I noticed during my previous lease vs buy research project. Don’t assume high residual = good lease candidate. Subaru, which I ended up buying, has a very high residual but you can’t really get a huge discount off MSRP. Chevy might have a terrible residual but you can easily get 25%...
by WS1
Sat Jun 29, 2019 9:04 am
Forum: Investing - Theory, News & General
Topic: "Alice's Adventures in Factorland"
Replies: 209
Views: 11474

Re: "Alice's Adventures in Factorland"

Back in the “slice and dice days” was conventional wisdom around here to hold equal parts growth and value?
by WS1
Sat Jun 29, 2019 8:06 am
Forum: Personal Finance (Not Investing)
Topic: What are the alternatives to 203K Mortgage with less hassle ?
Replies: 7
Views: 1117

Re: What are the alternatives to 203K Mortgage with less hassle ?

Fannie Mae offers a simliar style loan to the 203K called a HomeStyle renovation. It would still have a similar draw process to a 203k but would allow you to take out 1 loan to finance the construction costs. If you have decent credit and a significant down payment, then the Fannie product is proba...
by WS1
Tue Jun 18, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: population growth and consumption
Replies: 15
Views: 1453

Re: population growth and consumption

Even without population growth, consumption can increase assuming that standards of living increase. For example, globally, 844 million people lack access to clean water. If those people's living conditions improve such that they gain access to clean water, that would mean growth for companies that...
by WS1
Sat Jun 15, 2019 8:59 am
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 102
Views: 10879

Re: Walking Cities, potential for retirees

You might get some ideas here

The AARP has been making a push into what I would call quality urban planning
https://www.aarp.org/livable-communities/

Some other launch points
American Planning Association Great Places winners
https://planning.org/greatplaces/
https://www.cnu.org/
by WS1
Fri Jun 14, 2019 6:57 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 102
Views: 10879

Re: Walking Cities, potential for retirees

I think that the people who think that crossing freeways and walking through big box parking lots is “walkable” may not have ever lived anyplace that’s actually walkable. How many other people do you see out walking in these places? I suspect you see a few on the greenways getting exercise, but whe...
by WS1
Thu Jun 13, 2019 10:00 pm
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 87
Views: 9913

Re: How safe are pensions in the U.S.?

One thing that has not been mentioned is that even if things work out OK with the pension and it pays out as promised if it is not fully adjusted for inflation then that can quickly drop in value. During the high inflation years between 1975 and 1985 the value of a dollar dropped by about 50%. For ...
by WS1
Mon Jun 03, 2019 9:48 am
Forum: Personal Consumer Issues
Topic: "Fishing" Shirt Recommendations
Replies: 18
Views: 1559

Re: "Fishing" Shirt Recommendations

I spend about 25 days a year on the beach and wear a long sleeve Hanes Beefy Tee, alleged UPF of 39 when wet. Unlike all those fancy shirts it actually breathes and doesn't feel like I'm wearing a garbage bag. I tried it after seeing this Consumer Reports Post [url]ttps://www.consumerreports.org/cro...
by WS1
Thu May 30, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Schooling in NYC
Replies: 7
Views: 677

Re: Schooling in NYC

Hi, We have a 14 months old daughter and have started to learn about preschool and future education options. We live in a not so good school district solely for the reason of close proximity to my work. I take overnight calls at the hospital and staying away from family for so many nights is out of...
by WS1
Sun May 05, 2019 7:37 pm
Forum: Personal Investments
Topic: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
Replies: 62
Views: 4853

Re: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?

Until how far out from retirement date? Whatever is vested you should count. It gets a little tricker which discount rate to use to calculate present value... So don’t assume I’ll continue to work for a participating employer for the next 25 years and walk away with 70% of my final salary. You can ...
by WS1
Sun May 05, 2019 6:25 pm
Forum: Personal Investments
Topic: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
Replies: 62
Views: 4853

Re: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?

Operate as if you’re not getting a pension. Until how far out from retirement date? Whatever is vested you should count. It gets a little tricker which discount rate to use to calculate present value... So don’t assume I’ll continue to work for a participating employer for the next 25 years and wal...
by WS1
Sun May 05, 2019 5:56 pm
Forum: Personal Investments
Topic: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?
Replies: 62
Views: 4853

Re: Say you have a pension & lot of cash. With those in mind, does it make sense to have a more aggressive allocation?

I am 33, and 100% in stocks for both my 401k & Roth IRA. I realize this is pretty aggressive, but my reasoning is that I have a lot of cash in a HYSA, and once I retire I'll be getting a pension somewhere between 36%-63% of my final salary (depending if I early retire at around age 54 or retire at ...