Search found 4085 matches

by Kenkat
Sat Jul 14, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 86
Views: 5157

Re: Why is leveraging property good but leveraging stocks bad?

Housing is typically less volatile than equities, so the risk of leverage is lower overall. However, as we saw in the 2008 housing bubble, housing can still experience large drops and we witnessed many people who were over leveraged get wiped out in the subsequent crisis.
by Kenkat
Thu Jul 12, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: My roof looks like a patchwork quilt/insurance companies
Replies: 11
Views: 1059

Re: My roof looks like a patchwork quilt/insurance companies

Do you have an agent? If the adjuster gives you trouble, call your agent and tell them you are very unhappy with the claims service you have received and is there anything they can do. Or who can you call to escalate this? If they are not helpful, tell them you been left no choice but to shop for a ...
by Kenkat
Tue Jul 10, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: Printing photos from JPG files
Replies: 30
Views: 1019

Re: Printing photos from JPG files

Make sure that the jpg files you received are high resolution versions meant for reprint. The jpg file may be the limiting factor; most high volume printers like Walgreens, Costco, etc. can produce high quality prints given good input.
by Kenkat
Sun Jul 08, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Used Honda - How to confirm it was serviced on time?
Replies: 18
Views: 1184

Re: Used Honda - How to confirm it was serviced on time?

At a minimum, these should have been done: Engine air fliter Cabin Air Filter Other items like brake fluid, transmission fluid and spark plugs are a maybe. I would find a good independent mechanic (ask friends and neighbors) to inspect the vehicle and if you buy, perform any recommended overdue ser...
by Kenkat
Sun Jul 08, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Used Honda - How to confirm it was serviced on time?
Replies: 18
Views: 1184

Re: Used Honda - How to confirm it was serviced on time?

At a minimum, these should have been done: Engine air fliter Cabin Air Filter Other items like brake fluid, transmission fluid and spark plugs are a maybe. I would find a good independent mechanic (ask friends and neighbors) to inspect the vehicle and if you buy, perform any recommended overdue serv...
by Kenkat
Sat Jul 07, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: The Worst U.S. Portfolio Disasters — A Historical Comparison
Replies: 66
Views: 5494

Re: The Worst U.S. Portfolio Disasters — A Historical Comparison

This makes a great argument for why 100% stocks has never made sense for me at least - although in 1973 there was really no good place to hide in the U.S.
by Kenkat
Thu Jul 05, 2018 8:23 pm
Forum: Investing - Theory, News & General
Topic: There will be a recession and market downturn
Replies: 58
Views: 3188

Re: There will be a recession and market downturn

Remember, it is a recession when your neighbor loses his job. When you lose your job, it’s called a depression.
by Kenkat
Thu Jul 05, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: AARP: 10 Commandments [of Money, by Allan Roth]
Replies: 19
Views: 2688

Re: Allan Roth's "Ten Commandments of Money"--general wisdom

Nice touch on the Charlton Heston image...
by Kenkat
Thu Jul 05, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Party for 30
Replies: 15
Views: 1655

Re: Party for 30

Kids - and a lot of adults - like chicken strips from a place like Raising Cane’s or Popeye’s or a local place. Buy a few different bottles of sauce for dipping; it provides a good anchor for other items you can source as you describe.
by Kenkat
Wed Jul 04, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: yield curve inversion
Replies: 47
Views: 4136

Re: yield curve inversion

balbrec2 wrote:
Wed Jul 04, 2018 10:16 am
I think we can look at an inverted yield curve as a heads up.
Something is askew, but exactly what or when remains to be seen.
And furthermore, whatever it is that is askew, there’s probably not a lot, if anything, you can do about it
by Kenkat
Wed Jul 04, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: IRS Transcript site has poor security??
Replies: 3
Views: 264

Re: IRS Transcript site has poor security??

Just went to the IRS site and it states:

- mailing address from your latest tax return

So unless the crook has your SSN, DOB and is willing to sit outside your house and wait for the mailman, I think you are good.
by Kenkat
Wed Jul 04, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: IRS Transcript site has poor security??
Replies: 3
Views: 264

Re: IRS Transcript site has poor security??

I am assuming that the IRS is doing address matching - they will only send the transcript to the address used to file your most recent return. This obviously adds a lot of security if correct. If it is just enter SSN and DOB and whatever address you want, then yes, this is pretty weak.
by Kenkat
Wed Jul 04, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 2347

Re: Surface Pro(2017) vs 10.5" iPad Pro

It’s all going to come down to your use case. If you need something that can do Windows “stuff” and is portable, the Surface Pro is pretty nice for that. It can also do some “tablet” things, but the iPad is going to be much better at that in terms of portability, etc. The iPad is very much a grab an...
by Kenkat
Tue Jul 03, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fed survey: 40% of adults cannot cover a $400 emergency expense
Replies: 48
Views: 4979

Re: Fed survey: 40% of adults cannot cover a $400 emergency expense

There are some truly poor people who can’t afford a $400 emergency because they just don’t have the income needed to cover more than basics. They are out there. Then there is another segment who make choices to consume and not save and they can’t afford a $400 emergency due to choices made, not inco...
by Kenkat
Fri Jun 29, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 58
Views: 4410

Re: What is your one favorite Fidelity Fund??

We are using Fidelity Freedom Index 2030 as the single fund choice for my wife’s inherited IRA.
by Kenkat
Tue Jun 26, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 6945

Re: Family dynamics/in laws/am I being petty?

One way to make them aware of the disparity is to try and outspend your in-laws to where splitting the bill would be to your advantage (getting the large filet mignon, or the lobster, or the expensive individual drink, with several appetizers, plenty to take leftovers home). If they indeed are obli...
by Kenkat
Sun Jun 24, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Garage refrigerator
Replies: 22
Views: 2715

Re: Garage refrigerator

We have a basic refrigerator / freezer in our garage - it was around $400 new. We live in Southern Ohio and it gets both pretty cold here in the winter and pretty hot in the summer. The fridge is in an attached garage and overall works fine. We have had it over 10 years, no issues. It keeps everythi...
by Kenkat
Sun Jun 24, 2018 7:27 am
Forum: Personal Consumer Issues
Topic: Car for my grand daughter
Replies: 13
Views: 981

Re: Car for my grand daughter

$2000 is not a lot to spend on a used car, so temper your expectations. Assuming she is not planning to put a lot of mileage on the car, I’d look for something with either high miles but in decent shape otherwise (think 175k mileage) or a less desireable but still ok lower mileage model such as a Bu...
by Kenkat
Sat Jun 23, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Repair old refrigerator or purchase new
Replies: 24
Views: 1712

Re: Repair old refrigerator or purchase new

If you can DIY yourself for just the cost of an inexpensive part, I’d do that first.
by Kenkat
Fri Jun 22, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3185

Re: Why Active can never beat Passive

There is some evidence that low cost low turnover style firms such as Vanguard, T. Rowe Price, Dodge and Cox maybe can but the alpha is fairly small and not clear if it is statistically significant. So there you have it - invest in low cost, low turnover funds. Passive if that’s what you are comfor...
by Kenkat
Fri Jun 22, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3185

Re: Why Active can never beat Passive

Yes, Buckley states it’s all about costs; the OP states it’s all about costs; the Arithmetic of Active Management states it’s all about costs. So I think everyone agrees on that. It then comes down to an argument of whether or not active managers can add alpha and if they can, is it enough to offse...
by Kenkat
Fri Jun 22, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: Why Active can never beat Passive
Replies: 33
Views: 3185

Re: Why Active can never beat Passive

This is just untrue, insofar as it concerns the actively managed universe and not one serendipitous fund. That's basic math. Consider the universe of all US equities. Say passive holders make up 30% of the market, active investors then make up 70%. If the market returns are 10%, passive investors m...
by Kenkat
Mon Jun 18, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 86
Views: 5280

Re: How much car to buy reasonably?

Considering that your avatar is a yellow BMW, you should buy a yellow BMW. With all the bad things I heard about BMW reliability and high cost of maintenance, I am not considering BMW... unfortunately. I am not sure you will find Porsche or Audi any more reliable or cheaper to maintain than BMW. BR...
by Kenkat
Mon Jun 18, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 86
Views: 5280

Re: How much car to buy reasonably?

Considering that your avatar is a yellow BMW, you should buy a yellow BMW.
by Kenkat
Sun Jun 17, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: What do you sell after the emergency fund?
Replies: 25
Views: 1597

Re: What do you sell after the emergency fund?

I have a three-tiered emergency fund. If I lost my job, between unemployment and serverence, Tier 1 - Money Market would last 6 months. If things were still bad, Tier 2 - taxable municipal bonds would probably last another 4-6 months. After that, Tier 3 - taxable equity funds would last another 6 mo...
by Kenkat
Sun Jun 17, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: Are Vanguard's actively managed funds better?
Replies: 11
Views: 1665

Re: Are Vanguard's actively managed funds better?

They could have named the article “Vanguard Active Funds: Well, They’re Not Worse”. The majority of active funds offered by Vanguard have failed to outperform their benchmark since inception. The study shows 50% of active funds outperformed their benchmark and 50% did not. Since when did 50% become ...
by Kenkat
Sat Jun 16, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 61
Views: 5006

Re: Chipmunk problem

I just bought the Havahart trap a few days ago. So far the chipmunks have eaten the peanut butter and escaped four times, even though the trap was set off. Not sure how this is happening. My wife is keeping score and so far CHIPMUNKS - 4, MUNEMAKER - 0. I am about to lose my heart and go for the "c...
by Kenkat
Sat Jun 16, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: Too much house vs. just enough
Replies: 38
Views: 3516

Re: Too much house vs. just enough

I also have two sons. We sold our 4 bedroom two story and bought a 3 bedroom ranch style home. It was a great decision for us. We had a fourth bedroom that became a glorified storage room. The three bedroom home maximized the space where we spend most of our time (kitchen and great room) with smalle...
by Kenkat
Sat Jun 16, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: What to do with the family wagon
Replies: 16
Views: 1453

Re: What to do with the family wagon

You could buy a new Honda Odyssey or Toyota Sienna for around $30k that would accommodate a family of six as well as a Yukon. If the thought of driving a minivan is not appealing, just realize that decision costs $40k. Your other option is to divert say $1000 / mo. out of your savings to buy a vehic...
by Kenkat
Fri Jun 15, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11876

Re: Which boglehead rule do you break--and are ok with

I sometimes select active funds even though there are alternative index funds available. I do still keep an eye to costs as that is what I think is most important.
by Kenkat
Fri Jun 15, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6938

Re: can we afford to spend $20K on travel annually

If I am understanding correctly, your combined income is $360k and you seem to be on a good path savings wise so I would say if travel is important to you, you can afford it.
by Kenkat
Fri Jun 15, 2018 8:09 am
Forum: Personal Consumer Issues
Topic: convert 4 wire to a 3 wire switch
Replies: 15
Views: 1601

Re: convert 4 wire to a 3 wire switch

Depending on the manufacturer, there might also be an 800 number you can call for help. I have used Leviton switches in the past and they were very helpful in installation of dimmers into a circuit with three separate switches.
by Kenkat
Fri Jun 15, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Bumper Repair
Replies: 9
Views: 576

Re: Bumper Repair

If have also heard of people pouring hot water over a dent to get it to pop out
by Kenkat
Thu Jun 14, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: cooling upstairs floor without central AC
Replies: 26
Views: 2283

Re: cooling upstairs floor without central AC

Growing up, we had an attic fan that installed in the ceiling and drew cool air in through the windows and exhausted it into the attic. Very effective at cooling the house down so long as it is not too hot and humid.
by Kenkat
Thu Jun 14, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3833

Re: Non-alcoholic drinks for wedding

We went to a wedding for our niece recently and while it was not a dry occasion, they had several infused water choices - cucumber / mint and strawberry / blueberry. Another option is aqua frescas as also mentioned above. And sparkling water - perrier, pelligrino, etc.
by Kenkat
Tue Jun 12, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 4993

Re: How do you celebrate (potty trained kid) milestone with your spouse?

New carpets and have the non-carpeted floors steam cleaned.
by Kenkat
Sun Jun 10, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: Buying CPO Lexus - any advice appreciated
Replies: 22
Views: 1829

Re: Buying CPO Lexus - any advice appreciated

My opinion, having bought a CPO of another brand last year, the only way you will get 20% off a used car listed on the internet is if it is way overpriced relative to all the other cars also listed. Which does happen, but there will likely also be other dealers who price the cars for quick sale know...
by Kenkat
Sat Jun 09, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10536

Re: Why do we work?

It all depends what is important to you. Using your house example, some would say why work an extra 2-1/2 years to be able to afford a nicer house in a nicer area? Others would say why not work an extra 2-1/2 years and then you get to live in a nicer house in a nicer area for the rest of your life?...
by Kenkat
Sat Jun 09, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation 53 years old
Replies: 21
Views: 1781

Re: Asset Allocation 53 years old

I am roughly the same age as you and in a similar place. You are looking to do a “double” - i.e., double your portfolio. To do that in 10 years, you need to earn around a 7% return; 13 years, around a 5.5% return. Seems achievable with a somewhat less aggressive stock / bond allocation. I am at 70/3...
by Kenkat
Fri Jun 08, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10536

Re: Why do we work?

It all depends what is important to you. Using your house example, some would say why work an extra 2-1/2 years to be able to afford a nicer house in a nicer area? Others would say why not work an extra 2-1/2 years and then you get to live in a nicer house in a nicer area for the rest of your life?
by Kenkat
Wed Jun 06, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Account Beneficiary Designation
Replies: 6
Views: 482

Re: Joint Account Beneficiary Designation

I just ran into this same situation. Vanguard was the only company that was unable to set up a TOD on a joint taxable account. The attorney who set things up told me that some companies are still in the dark ages when it comes to TOD.
by Kenkat
Mon Jun 04, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4184

Re: steel cut oats in bulk

Hopefully you are making a big batch of goetta https://en.m.wikipedia.org/wiki/Goetta but probably not based on your user name :happy Very interesting. I've made that in the past, but didn't know it had a name! My PA Dutch grandparents made scrapple, and my grandfather talked about eating "oat scra...
by Kenkat
Sun Jun 03, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Parents transferring all property over to me. Do I need a lawyer?
Replies: 12
Views: 2132

Re: Parents transferring all property over to me. Do I need a lawyer?

It would be better if the property is left to you in a trust. However, if your parents do not want to manage the property, you could do that for them until you inherit the property. Yes, we just set this up with an attorney so that our real estate is transferred on death to a trust with our sons as...
by Kenkat
Sun Jun 03, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4184

Re: steel cut oats in bulk

Costco usually has them now but it varies by warehouse. Sadly they are a bit behind IT wise and have no ability to see what is available in a warehouse online but you could probably call ahead and ask. Funny you should mention Costco’s IT, I was in our local warehouse recently and found that they w...
by Kenkat
Sun Jun 03, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4184

Re: steel cut oats in bulk

Hopefully you are making a big batch of goetta https://en.m.wikipedia.org/wiki/Goetta but probably not based on your user name :happy Very interesting. I've made that in the past, but didn't know it had a name! My PA Dutch grandparents made scrapple, and my grandfather talked about eating "oat scra...
by Kenkat
Sun Jun 03, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Need to replace my Vizio TV..............
Replies: 35
Views: 2587

Re: Need to replace my Vizio TV..............

I have a 55” Visio TV that previously had problems with the picture going out but have also heard of many issues with sound going out. A common problem with these TVs is that the solder points between the various boards in the TV crack due to poor solder joint quality. In my case, my Visio TV lost ...
by Kenkat
Sun Jun 03, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: steel cut oats in bulk
Replies: 50
Views: 4184

Re: steel cut oats in bulk

Hopefully you are making a big batch of goetta https://en.m.wikipedia.org/wiki/Goetta but probably not based on your user name :happy
by Kenkat
Sun Jun 03, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Need to replace my Vizio TV..............
Replies: 35
Views: 2587

Re: Need to replace my Vizio TV..............

I have a 55” Visio TV that previously had problems with the picture going out but have also heard of many issues with sound going out. A common problem with these TVs is that the solder points between the various boards in the TV crack due to poor solder joint quality. In my case, my Visio TV lost p...
by Kenkat
Sun Jun 03, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Tool board for basement - plywood or pegboard?
Replies: 30
Views: 1908

Re: Tool board for basement - plywood or pegboard?

Definitely pegboard. I have a lot of pegboard installed in my garage and it is very convenient. One of the nice things about pegboard is that there are a lot of hook options. For example, I have my gas string trimmer and gas blower both hanging from specialty peg hooks. The weight is not a problem a...