Search found 4925 matches

by Kenkat
Tue Jul 16, 2019 7:04 pm
Forum: Investing - Theory, News & General
Topic: Primecap Admiral Fund VPMAX
Replies: 27
Views: 5545

Re: Primecap Admiral Fund VPMAX

True investing skill is very rare and most funds and individuals who try to outperform indexes will fail to do so. Primecap whose Investor shares have been around for 35 years has demonstrated consistent skill to outperform cap weight indexes and factor indexes in addition to outperforming almost a...
by Kenkat
Tue Jul 16, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to plan for extended illness?
Replies: 21
Views: 1189

Re: How to plan for extended illness?

I am not sure it is worth leaving a job over this, but many employers offer better short and long term coverage than that. My employer offers 6 months of short term disability at 80% after 10 days waiting period, and then long term disability at 60% after that. I also have a supplemental disability ...
by Kenkat
Mon Jul 15, 2019 7:01 pm
Forum: Forum Issues and Administration
Topic: Length Limit on Quotes
Replies: 16
Views: 1192

Re: Length Limit on Quotes

The same effect can be had by using the quote button to quote the entire text and then editing it down in your reply. Once the text appears in quoted form in your reply you can do whatever you want to it. As I edited your post above. Yes, it’s just a rather cumbersome process on a touch device such...
by Kenkat
Sun Jul 14, 2019 7:19 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 91
Views: 5960

Re: Switching form passive to active management

In effect what you are suggesting is the equivalent of telling the Prius forum that you are selling your Prius and buying a Dodge Challenger Hellcat. No one here is going to think what you are suggesting is a good idea.
by Kenkat
Sun Jul 14, 2019 8:54 am
Forum: Personal Investments
Topic: What asset class is gold?
Replies: 41
Views: 2638

Re: What asset class is gold?

dmcmahon wrote:
Sat Jul 13, 2019 12:14 am
Watty wrote:
Fri Jul 12, 2019 9:10 pm
Not everything is a stock or a bond. You can easily list a dozen or more asset classes like residential real estate, commercial real estate, farm land, commodities, oil wells, collectables, cash, etc
I have a general class in my AA called “hard assets”.
This is what I do as well.
by Kenkat
Sun Jul 14, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: Should I knowingly buy a fake antique?
Replies: 26
Views: 2462

Re: Should I knowingly buy a fake antique?

If they are misrepresenting a specific item - i.e., this is a 100 year old piece from famed craftsman Kenkat or from the ABC factory which produced pieces from 1898-1925, then no. If it is simply a unique item that the seller says it’s over 100 years old but it has no other provenance being promoted...
by Kenkat
Sat Jul 13, 2019 5:51 pm
Forum: Personal Consumer Issues
Topic: Standard Car Key Battery Life for Late Model Vehicles
Replies: 27
Views: 1415

Re: Standard Car Key Battery Life for Late Model Vehicles

The push button start cars go through remote batteries quicker because the remote also has to function as the key, constantly needing to communicate with the car to enable start based on proximity. On regular key cars, the remotes can last a long time. I am on original batteries still for my 2005 Ca...
by Kenkat
Sat Jul 13, 2019 11:05 am
Forum: Personal Consumer Issues
Topic: New family car and safety considerations
Replies: 46
Views: 2435

Re: New family car and safety considerations

We have a 2014 Odyssey that we purchased new and if you don’t get hung up on the perceived minivan stigma, it is the most versatile vehicle I have ever owned. Great to travel in for our family of four, drives like a car, can haul large quantities of stuff, etc. It has never felt too big for us.
by Kenkat
Sat Jul 13, 2019 9:07 am
Forum: Personal Investments
Topic: Was going with AXA a bad move?
Replies: 32
Views: 1988

Re: Was going with AXA a bad move?

You are certainly going to pay more for someone to manage your investments at AXA, so if you are at all comfortable with learning the basics of investing at sites such as this one, you could do much better at Vanguard as you can save the 1-2% drag from advisor fees. These add up to a staggering amou...
by Kenkat
Sat Jul 13, 2019 9:02 am
Forum: Personal Consumer Issues
Topic: Want a 2 in 1 laptop
Replies: 28
Views: 2192

Re: Want a 2 in 1 laptop

I have two surface pro 4s and love them, but depending on what you mean by using in your lap on the couch it may not be a good fit. You cannot effectively use the physical keyboard with the device resting in your lap. But if you want to hold it or rest it on your leg sans keyboard, and do primarily...
by Kenkat
Sat Jul 13, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: Three problems with probability of ruin
Replies: 13
Views: 1987

Re: Three problems with probability of ruin

I am sure I have already done #1 at least once, and #2 is very likely at some point once I am retired, so that leaves me with avoiding #3 - don’t adjust as needed. I figure I can probably manage that, so I will avoid checking all three financial ruin boxes at least.
by Kenkat
Fri Jul 12, 2019 8:43 pm
Forum: Personal Consumer Issues
Topic: Portable charger for laptop....?
Replies: 8
Views: 465

Re: Portable charger for laptop....?

You can get a portable power pack with an AC outlet that he could plug the laptop charger into - for example: https://www.amazon.com/dp/B00OZM8PEW/ref=cm_sw_em_r_mt_dp_U_CztkDb233D5VM He can also join the ranks of the power vampires that roam airports and other public places looking for an AC outlet...
by Kenkat
Fri Jul 12, 2019 8:35 pm
Forum: Personal Consumer Issues
Topic: eBay Offers on Fixed Priced Listings and Custom Offers
Replies: 4
Views: 369

Re: eBay Offers on Fixed Priced Listings and Custom Offers

Do the items have a “Make Offer” option on them? That’s the safest way; you just offer to buy at the agreed discount, the seller accepts and you pay that price.

I know a seller can add that option when they list the item but I don’t know if they can revise the listing and add it after the fact.
by Kenkat
Fri Jul 12, 2019 8:31 pm
Forum: Personal Consumer Issues
Topic: Car DIY, NYC.
Replies: 33
Views: 1337

Re: Car DIY, NYC.

There’s probably a difference between what you could do if you had to and what you might choose to do. You could do brakes in a small parking spot if you were nimble, but I probably wouldn’t unless I was broke.
by Kenkat
Fri Jul 12, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3136

Re: Avoid MD-88s [commercial aircraft]?

Hey, it beats a 727... I preferred 727's as a passenger when they were still around. Roomier and quieter. Faster too I think. But way too loud and very fuel inefficient. FedEx phased out the last 727 fleet in 2013. They donated 84 to aviation mechanic schools across the USA. I live near the flight ...
by Kenkat
Fri Jul 12, 2019 7:31 am
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 2577

Re: Should I Buy a Motorcycle?

I look for something used and cheaper. Save up and pay cash for it. Lower displacement than the Z900 might be good if this is your first bike as well.
by Kenkat
Thu Jul 11, 2019 7:16 pm
Forum: Personal Consumer Issues
Topic: Car DIY, NYC.
Replies: 33
Views: 1337

Re: Car DIY, NYC.

You could also probably do brakes if you were reasonably handy. Brakes are easy. Yes to this Rotate tires as well (although if you are doing oil cha he’s elsewhere maybe have them do it if price is ok) Easy, if you can watch a couple of youtube videos, have the wrenches and caliper piston and oh ye...
by Kenkat
Thu Jul 11, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: 2016 Car with only 11,000 miles?
Replies: 32
Views: 2895

Re: 2016 Car with only 11,000 miles?

Some people just don’t drive a lot. My mom gave us a 2004 Monte Carlo in 2015 and it only had 28,000 miles on it! It’s still only got a little more than 50k on it.
by Kenkat
Thu Jul 11, 2019 6:59 pm
Forum: Personal Consumer Issues
Topic: Car DIY, NYC.
Replies: 33
Views: 1337

Re: Car DIY, NYC.

You could also probably do brakes if you were reasonably handy.
by Kenkat
Thu Jul 11, 2019 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Question
Replies: 14
Views: 1596

Re: Estate Question

I would pay all bills from the estate and then close the estate and distribute what remains. The effect will be the same regardless, however, since paying out of the estate reduces the remainder of the funds that will be split 60/40 anyway. So whether you split expenses or the remainder, it’s still ...
by Kenkat
Thu Jul 11, 2019 1:38 pm
Forum: Personal Consumer Issues
Topic: Avoid MD-88s [commercial aircraft]?
Replies: 61
Views: 3136

Re: Avoid MD-88s [commercial aircraft]?

Hey, it beats a 727...
by Kenkat
Wed Jul 10, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Solar powered landscape lighting
Replies: 15
Views: 883

Re: Solar powered landscape lighting

I've never thought about it, but maybe investigate your idea about getting some solar panels, battery, and low watt wired lights. I could use that for one area with a lot of landscaping. That is an interesting idea; the LED bulbs I used in my wired lighting only use 1w each and replaced 7w incandes...
by Kenkat
Wed Jul 10, 2019 1:09 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 6751

Re: Prime Money Market or Total Bond Market

Interesting debate. I like having a plan like anyone else. At some point, I personally step back and ask myself if my next step makes sense. Today, the 3-month treasury bill is yielding 2.22%. The 10-year bond is yielding 2.04%. You can say what you will regarding inverted yield curves, but I would...
by Kenkat
Wed Jul 10, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: Visiting Buffalo,NY / Niagara Falls area - things to see and do?
Replies: 46
Views: 2085

Re: Visiting Buffalo,NY / Niagara Falls area - things to see and do?

The Canadian equivalent of Maid of the Mist was called The Hornblower when we were there a couple of years ago. There are boats that depart from both sides; blue boats with blue rain ponchos from the American side and red boats with red rain ponchos from the Canadian side.
by Kenkat
Wed Jul 10, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: Visiting Buffalo,NY / Niagara Falls area - things to see and do?
Replies: 46
Views: 2085

Re: Visiting Buffalo,NY / Niagara Falls area - things to see and do?

Downtown Buffalo is fun to walk around and enjoy. Interesting architecture. Goat Island on the American side is also worth visiting and I’d get at least a passport card to go to the Canadian side as the views of the falls are fantastic on that side.
by Kenkat
Wed Jul 10, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: Solar powered landscape lighting
Replies: 15
Views: 883

Re: Solar powered landscape lighting

I have never found solar landscape lighting to provide all night light consistently and it’s usually only good for about 2 years until it is shot. My wife still buys cheapie solar lights for out in the yard because she really likes lights, but they don’t provide much light overall. I recently replac...
by Kenkat
Wed Jul 10, 2019 11:45 am
Forum: Personal Consumer Issues
Topic: Friend's car caught in flood ?
Replies: 42
Views: 2366

Re: Friend's car caught in flood ?

If it was running and pulled water into the intake, there’s a good chance it is toast. He could try draining the oil, remove the spark plugs and crank the engine a few times without starting to clear water. Then replace with new oil and filter. Shop vac out any interior water and let dry for awhile....
by Kenkat
Wed Jul 10, 2019 11:25 am
Forum: Personal Investments
Topic: HSBC Buffered accelerated Market Participation Securities
Replies: 18
Views: 681

Re: HSBC Buffered accelerated Market Participation Securities

Tell them you want 2x the S&P 500 but no cap and see what they say... I’d be more interested in whether they’d tell me it’s even there. “Wow, so I’ll return 14% on average?” or “Wow so I would’ve gotten 40% this year”. The sales pitch is 2x the S&P 500 returns. I had to find the fine print on caps ...
by Kenkat
Wed Jul 10, 2019 9:49 am
Forum: Personal Investments
Topic: HSBC Buffered accelerated Market Participation Securities
Replies: 18
Views: 681

Re: HSBC Buffered accelerated Market Participation Securities

The cap is what kills these things. My S&P 500 Index fund in my 401k (Vanguard Institutional Index) returned 21.79% in 2017, -4.42% in 2018 and 20.15% so far in 2019. Using some rough math, that’s up nearly 30% overall but the cap would take most of that away. It is kind of like saying all you can e...
by Kenkat
Tue Jul 09, 2019 8:13 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 7887

Re: Who cuts your hair? And for how much?

Barber shop down the street from my house. $14 plus typically $3 tip.
by Kenkat
Sun Jul 07, 2019 5:35 pm
Forum: Investing - Theory, News & General
Topic: The Three Million Dollar Car
Replies: 25
Views: 2632

Re: The Three Million Dollar Car

The lesson here is buy the Corollas while you are young and if things work out, maybe you can buy that Corvette later in life.
by Kenkat
Sat Jul 06, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Customer negotiating invoice payment
Replies: 17
Views: 1584

Re: Customer negotiating invoice payment

Accept $10k. If you do any work for Joe in the future, over charge him and then negotiate a discount from there. That’s how the pros do it.
by Kenkat
Thu Jul 04, 2019 9:10 pm
Forum: Personal Consumer Issues
Topic: car color
Replies: 41
Views: 4067

Re: car color

A vinyl wrap is a great way to accomplish this - good thinking from the above posters.
by Kenkat
Thu Jul 04, 2019 6:11 pm
Forum: Personal Consumer Issues
Topic: car color
Replies: 41
Views: 4067

Re: car color

If you want the future paint to last 20 years and 300,000 miles, I would get the closest standard factory color you can find for that particular model and say “close enough”. It is very difficult to do a post production paint job as good and as durable as the original factory paint. It is possible, ...
by Kenkat
Thu Jul 04, 2019 12:54 pm
Forum: Personal Consumer Issues
Topic: When to use a fuel stabilizer - for cars, boats, lawn mowers, etc?
Replies: 47
Views: 2749

Re: When to use a fuel stabilizer - for cars, boats, lawn mowers, etc?

At the end of the season before storing for winter. I do my mower and my convertible sometime in the fall usually. This. But i’ve started just running the equipment dry at the end of the season and managing the gas cans so there is little to no gas left in them at season end, then fill with gas in ...
by Kenkat
Thu Jul 04, 2019 11:29 am
Forum: Personal Consumer Issues
Topic: Does this car exist? Sexy convertible with a backseat
Replies: 53
Views: 3259

Re: Does this car exist? Sexy convertible with a backseat

Even forward facing kid seats, you need to put the front seat all the way forward. So, unless it's just going to be you in the driver's seat and no other adult up front... You can cross the Mustang and Camaro off your list if you want a back seat that's usable for your plans. The previous generatio...
by Kenkat
Thu Jul 04, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Cleaning bugs off car bumper
Replies: 32
Views: 2289

Re: Cleaning bugs off car bumper

Wash the car first; if there is anything left after that, I use Meguiar’s Cleaner Wax and a microfiber towel to remove the best. It works great on tar residue and other marks as well.
by Kenkat
Thu Jul 04, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: How to interpret different raise percents?
Replies: 41
Views: 2571

Re: How to interpret different raise percents?

Your math is wrong. As I see it, in my company, raises are computed as follows: 4% of each group is given a 3% raise. These are the "walks on water" rated employees. Everyone else gets zero. As a manager, your task is to make up a new excuse out of thin air as to why almost nobody gets any raise. T...
by Kenkat
Thu Jul 04, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: How to interpret different raise percents?
Replies: 41
Views: 2571

Re: How to interpret different raise percents?

My employer makes available salary ranges for various positions/grades. The policy isn't spelled out this way, but after decades with the employer, and a ton of anecdotal evidence, It's become vary apparent that raises are geared for those in the middle to lower end of their specific positions pay ...
by Kenkat
Thu Jul 04, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: Does this car exist? Sexy convertible with a backseat
Replies: 53
Views: 3259

Re: Does this car exist? Sexy convertible with a backseat

Let's be serious. The OP stated he likes to drive manual and is not thrilled by the looks of 1, 2 and 4 series (but likes the pre-restyling Z4). How can someone suggest him the likes of cadillacs, camaros, or mustangs ? In what way does a Camaro or Mustang resemble the BMW 1, 2 or 4 series? It’s an...
by Kenkat
Thu Jul 04, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: At What Age or Point in your Career did your investments start outweighing your regular paychecks?
Replies: 85
Views: 10830

Re: At What Age or Point in your Career did your investments start outweighing your regular paychecks?

Annual investment income will fluctuate greatly year to year based on market conditions, so this is a bit of a moving target. That said, in 2017, my investment portfolio increased by an amount that was more than my income for the year for the first time. I was 53.
by Kenkat
Wed Jul 03, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6085

Re: Adult son has not controlled credit card overuse!

barnaclebob wrote:
Wed Jul 03, 2019 12:05 pm
The only help you give him should be coming from your mouth, not your wallet.
Kenkat wrote:
Wed Jul 03, 2019 11:57 am
With a debit card, you no have money, you no buy.
Not true with overdraft protection.
Well then turn that off too!
by Kenkat
Wed Jul 03, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6085

Re: Adult son has not controlled credit card overuse!

663 ain’t great.

Tell him to put all of the credit cards in a drawer. If he needs to buy something using an electronic payment method, use a debit card until he gets things under control. With a debit card, you no have money, you no buy.
by Kenkat
Wed Jul 03, 2019 9:13 am
Forum: Personal Consumer Issues
Topic: Performance car test rides (not just Tesla)
Replies: 15
Views: 961

Re: Performance car test rides (not just Tesla)

Are you thinking of taking the car to the track? You will likely not use the full capabilities of any of the Model 3 versions on public roads. You just don’t need that much straight line acceleration most of the time and even the base models will provide handling good enough for a quick run on a twi...
by Kenkat
Wed Jul 03, 2019 8:01 am
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 6649

Re: Parents got ripped off, what can I do about it?

I’ve replaced my own in the past and while it’s not all that difficult, there’s no way I would do it for someone else for $200, especially if the part is also included in that price. Plumbing is a skilled trade so you are looking at a minimum of $75/hr. to have someone come out to your house on dema...
by Kenkat
Wed Jul 03, 2019 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Social Security: No appointments for activation code?
Replies: 5
Views: 455

Re: Social Security: No appointments for activation code?

I went with my son to the local social security office to get an activation code; the wait was a little under an hour mid-week in the afternoon. Wait times vary by what you are trying to accomplish there, so it is not necessarily first come, first serve. The security guard was able to tell us an app...
by Kenkat
Tue Jul 02, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: how do couples work together on home finance
Replies: 60
Views: 4492

Re: how do couples work together on home finance

Every two weeks, my wife and I will sit down at the computer, open Quicken and “pay bills” (as we have coined it). This involves posting automatic deposits, debits (utility bills, house payment, etc. taken automatically out of the account), downloading mutual fund / brokerage and credit card transac...
by Kenkat
Mon Jul 01, 2019 7:12 pm
Forum: Personal Consumer Issues
Topic: Are you a serious DIYer?
Replies: 84
Views: 5686

Re: Are you a serious DIYer?

midareff wrote:
Mon Jul 01, 2019 5:29 pm
I have determined that my role is that of check writer to the repair people.
An old neighbor used to use what he called “the two book method”: the phone book and the check book.
by Kenkat
Sun Jun 30, 2019 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Supplemental disability
Replies: 8
Views: 477

Re: Supplemental disability

There was a fairly recent post here: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=283912 It it does come up occasionally. I have a supplemental policy (two actually) in addition to my employer provided coverage. People tend to focus on life insurance because I think that is the classic bad n...
by Kenkat
Sun Jun 30, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: anyone in the market for a lawn tractor?
Replies: 31
Views: 1899

Re: anyone in the market for a lawn tractor?

Although I don't have a mower, I've got a Kubota BX1860 compact 4 wheel drive, 3 cyl, diesel tractor. With a mower attachment, it would do a very nice job. Likely outlast any of those gas tractors. You're talking well over $10k. This was many, many years ago, but when I was in high school I worked ...