Search found 5238 matches

by Kenkat
Tue Nov 19, 2019 4:22 pm
Forum: Investing - Theory, News & General
Topic: Bill Gates' backed Heliogen may revolutionize energy industry
Replies: 14
Views: 1169

Re: Bill Gates' backed Heliogen may revolutionize energy industry

gmc4h232 wrote:
Tue Nov 19, 2019 3:50 pm
Pretty sure Archimedes already invented this over 2,000 years ago....
Yes, but don’t forget the famous quote from Archimedes: “we’re gonna need a bigger mirror”
by Kenkat
Tue Nov 19, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: TV purchase -- 55" or 65" vs viewing distance
Replies: 6
Views: 168

Re: TV purchase -- 55" or 65" vs viewing distance

I would get the 65” if it will fit in the space. We had a 55” TV in our main viewing area; it broke, and while I was able to get it repaired for a little over $100, we ended up moving that one to the basement and got a 60” 4k and it did make a positive difference. I would have gone with a 65” except...
by Kenkat
Sun Nov 17, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value Investors: Time to Back Up the Truck?
Replies: 60
Views: 4679

Re: Small Cap Value Investors: Time to Back Up the Truck?

I like to back up the virtual truck of expectations in these situations but leave my portfolio alone.
by Kenkat
Sun Nov 17, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Stop Working at 62 and collect SS at 67- FRA
Replies: 9
Views: 1278

Re: Social Security - Stop Working at 62 and collect SS at 67- FRA

There is a calculator from Social Security that you can use: https://www.ssa.gov/benefits/retirement/estimator.html The $2,727 should be pretty close if you’ve been working full time at a roughly similar, slightly increasing salary for a number of years. It would be less accurate if you had highly v...
by Kenkat
Sun Nov 17, 2019 4:25 pm
Forum: Personal Consumer Issues
Topic: Juice Jacking - phone data theft
Replies: 21
Views: 2137

Re: Juice Jacking - phone data theft

This potential threat has been around a while and has been greatly mitigated with security updates and other changes on both android and iOS. If you’re worried, just use the AC adapter and cable. In fact, just do that anyway. Very low on my worry list. This is what i do as well. Added plus is that ...
by Kenkat
Sun Nov 17, 2019 10:02 am
Forum: Personal Investments
Topic: Obamacare limits investing opportunities?
Replies: 36
Views: 3259

Re: Obamacare limits investing opportunities?

Yes, if you want to continue to receive a subsidy, you will have to manage your income, including investment income and that may limit your choices.
by Kenkat
Sun Nov 17, 2019 9:37 am
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2839

Re: Gaming Desktop

My current laptop is still very new (only 4 years old), so I might wait another few years before replacing it. Since you are keeping the laptop, one relatively inexpensive upgrade that could markedly improve performance is replacing a traditional hard drive with an SSD if it is not already equipped...
by Kenkat
Sat Nov 16, 2019 10:49 am
Forum: Personal Investments
Topic: Your most difficult and your most euphoric investing moments
Replies: 24
Views: 1831

Re: Your most difficult and your most euphoric investing moments

Most difficult was 2008-2009. I had a lot more money then than I did in the 2000 crash and it was a scary time indeed. Most euphoric was I / we bought RS (Robertson Stephenson) Emerging Growth in 1999 in my wife’s SEP-IRA and it went up over 100% in a single year. She quit to stay home when our seco...
by Kenkat
Sat Nov 16, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 114
Views: 7071

Re: More retirees have a mortgage

I am a retiree with a mortgage by choice because interest rates were so low when I bought it made more sense to me to have the mortgage. In the decision to pay cash vs take out a mortgage, the 2.875% interest rate won out because I expect my 50/50 portfolio to do better than 2.875%. Right. Mortgage...
by Kenkat
Fri Nov 15, 2019 9:41 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund
Replies: 25
Views: 2268

Re: Total Bond Market Index Fund

I continue to use Total Bond Market Index. My time horizon is long, so I don’t concern myself with where interest rates are going (which I can’t predict anyway). It seems to me the most likely result of me holding shorter term bonds over time is lower overall returns.
by Kenkat
Fri Nov 15, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 45
Views: 2839

Re: Gaming Desktop

The GPU is the key component of a gaming computer. You probably need to spend $500 just on that alone if you want something that will play games well now and still play most games 4 years from now. Think something like a Nvidia GTX 1070 or 1080 as a centerpiece of the system. SSDs are fairly cheap, ...
by Kenkat
Thu Nov 14, 2019 9:15 pm
Forum: Personal Consumer Issues
Topic: Forgot to pay Kohl's bill for two months, consequences?
Replies: 36
Views: 2313

Re: Forgot to pay Kohl's bill for two months, consequences?

I don’t think they typically report it until it’s 60-90 days past due. I did something similar with Kohl’s a couple of years ago and it never showed up anywhere credit report-wise.
by Kenkat
Thu Nov 14, 2019 8:19 pm
Forum: Investing - Theory, News & General
Topic: SP500 is very top heavy right now
Replies: 134
Views: 10918

Re: SP500 is very top heavy right now

columbia wrote:
Thu Nov 14, 2019 8:13 pm
...placing it it into small caps and/or international won’t save you from a crash.
It kinda did save you in the 2000 crash, though. 2008? Nope.
by Kenkat
Thu Nov 14, 2019 1:35 pm
Forum: Investing - Theory, News & General
Topic: SP500 is very top heavy right now
Replies: 134
Views: 10918

Re: SP500 is very top heavy right now

This is a pretty cool site that lets you see holdings of the S&P 500 by year:

https://etfdb.com/history-of-the-s-and-p-500/#1999

Top 5 in 1999:
Microsoft
GE
Cisco
Wal-Mart
Exxon Mobil
by Kenkat
Thu Nov 14, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: IRS billing me for 1099-SA that isn't mine - Resolved
Replies: 18
Views: 2022

Re: IRS billing me for 1099-SA that isn't mine

I would start with calls to the IRS and Healthcare Bank, telling them you’ve never had an HSA with Healthcare Bank and seeing what they suggest next.
by Kenkat
Thu Nov 14, 2019 11:31 am
Forum: Personal Finance (Not Investing)
Topic: adult child moving back
Replies: 34
Views: 5156

Re: adult child moving back

The disability aspect definitely adds complexity to things as you have to find the balance between setting expectations vs. asking someone to do something that they aren’t really capable of. I have a son with disabilities so I walk this line. I think it is good that she has a part time job, minimum ...
by Kenkat
Wed Nov 13, 2019 10:01 pm
Forum: Personal Investments
Topic: When to collect SS as an older spouse...
Replies: 5
Views: 696

Re: When to collect SS as an older spouse...

Use https://opensocialsecurity.com/ to check the recommendation it provides. It was written a member here. 70 is the latest age for SS. 70.5 is for RMD start requirements. There are a ton of threads on SS claiming and many reference the web site I shared. Cheers The calculator above is excellent. I...
by Kenkat
Wed Nov 13, 2019 9:43 pm
Forum: Personal Consumer Issues
Topic: Where to donate refrigerator, washer, dryer
Replies: 8
Views: 646

Re: Where to donate refrigerator, washer, dryer

If you have a Habitat for Humanity Restore in your area, they will pick up usable appliances, furniture, etc. for a modest donation.
by Kenkat
Wed Nov 13, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: Would you buy a Galaxy S9 now?
Replies: 31
Views: 1816

Re: Would you buy a Galaxy S9 now?

I believe BestBuy is going to offer an unlocked Pixel 3a for $199 on Black Friday. My wife is using the remaining / surviving S6 (4 years old on on its last leg) and so I am looking at replacing it either with a similar Motorola or the Pixel. Thanks for posting. $199 for the 3a is quite good consid...
by Kenkat
Tue Nov 12, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Lump Sum Offer - Monthly Big Mac in 2047?
Replies: 10
Views: 1490

Re: Pension Lump Sum Offer - Monthly Big Mac in 2047?

That far out, I’d take the lump sum and roll it into an IRA. You’ve got nearly 30 years to grow it - if you invest it and get 7% returns, you can possibly double your money three times (which equates to 8 times the original amount). There’s too much uncertainty over the next 30 years to leave it in ...
by Kenkat
Tue Nov 12, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: Would you buy a Galaxy S9 now?
Replies: 31
Views: 1816

Re: Would you buy a Galaxy S9 now?

I was not very impressed with my Galaxy S6s that we bought on Black Friday about a year after they were released. Price was great but updates stopped after three years and that was everything - security patches, OS updates, etc. Two of the phones had the charging ports go bad and the battery died on...
by Kenkat
Tue Nov 12, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Settings in brokerage accounts
Replies: 13
Views: 786

Re: Beneficiary Settings in brokerage accounts

Well, one critical and obvious thing you can do is don’t ignore emails from places that have a lot of your money. I know you didn’t ignore it, but there’s a reason Fidelity sends out email confirmations of important transactions, so vow to open any email from Fidelity. Secondly, it’s probably a good...
by Kenkat
Tue Nov 12, 2019 11:50 am
Forum: Personal Consumer Issues
Topic: Scale of Lionel Trains Rolling Stock: Early 1950's vs. Current Vintage
Replies: 7
Views: 862

Re: Scale of Lionel Trains Rolling Stock: Early 1950's vs. Current Vintage

I recently brought my Lionel trains out of storage. The set originally purchased for me by my father was early-1950's vintage. The trains are O-gauge. In visiting model train shows, I have noticed that the more recently manufactured Lionel rolling stock (box cars, coal hoppers, etc.) is considerabl...
by Kenkat
Tue Nov 12, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: (Sigh) "Wasting" year-old smoke detector batteries...
Replies: 93
Views: 4827

Re: (Sigh) "Wasting" year-old smoke detector batteries...

Mine are all hard-wired in and powered via electric service to my home. Since our electric service is very reliable (underground utilities helps), the only time the batteries are needed is when the power goes out - typically once a year (at most) for an hour or two. So, I stopped replacing them year...
by Kenkat
Mon Nov 11, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: IHG credit card and Rewards Nights ...
Replies: 37
Views: 1632

Re: IHG credit card and Rewards Nights ...

Maybe switch to a Hilton Honors or Marriott Bonvoy affiliated card instead if that lines up better with the level of hotel that you prefer.
by Kenkat
Sun Nov 10, 2019 2:21 pm
Forum: Personal Consumer Issues
Topic: Verizon Wireless discounts on iPhones (and other smart phones) -- is there any gotcha here?
Replies: 8
Views: 1032

Re: Verizon Wireless discounts on iPhones (and other smart phones) -- is there any gotcha here?

If you cancel, you are still on the hook for the phone payments and if you don’t have service with Verizon, you’d also lose the $10 discount, so you would owe the 15 remaining payments x $30 to cancel. The Verizon discounts and 0% payments over 24 months can be a good deal IF you want to stay with V...
by Kenkat
Sun Nov 10, 2019 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: Underwater Car Loans
Replies: 38
Views: 2297

Re: WSJ: Underwater Car Loans

People get into this mess because they want stuff, buy based on monthly payments and don’t think ahead. Sub-prime auto loans - it’s a thing now. My son just started a co-op job related to his college major. He said he was talking to a full-time co-worker who admitted that he and his wife were living...
by Kenkat
Sun Nov 10, 2019 12:33 pm
Forum: Personal Investments
Topic: Small value in 50-50 retirement portfolio
Replies: 16
Views: 1492

Re: Small value in 50-50 retirement portfolio

I know a lot of people say that 5% is not enough to make a difference but I disagree. In the OP’s case, they would be moving a total of 10% of the portfolio out of the three fund. If the three fund was 50 bond / 40 TSM / 10 Total International and the 10% was moved out of TSM, this represents 25% of...
by Kenkat
Sat Nov 09, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 61
Views: 4703

Re: How bad business travel is?

I dread traveling for business. At this point, the two trips I take a year are more than enough. Late nights, quick turnarounds, breaking my routine, etc. Not for me! I rarely, if ever have downtime during travel - early breakfast, late dinners, all-day meetings, and those make it harder to like th...
by Kenkat
Sat Nov 09, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America no local branch?
Replies: 14
Views: 750

Re: Bank of America no local branch?

The only time I go to my local branch bank is when I have to deposit rolled coins when my change bucket gets full at home. Many ATMs can now even handle cash deposits easily - you just feed it in, it counts the bills automatically, asks you if the count is correct and you’re done.
by Kenkat
Sat Nov 09, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: Should I replace my HVAC system or get home warranty plan?
Replies: 17
Views: 903

Re: Should I replace my HVAC system or get home warranty plan?

As mentioned above, you can just have the thermal expansion tank replaced on the water heater. I had one done for $150 a few years ago.

On the HVAC, unless it is unable to keep things cool in the summer OR you feel like you are getting eaten alive by the electric bill, I’d just let it go for a bit.
by Kenkat
Sat Nov 09, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: Morningstar percentile rank - VTSAX, VBAIX, VIIIX etc
Replies: 21
Views: 1332

Re: Morningstar percentile rank - VTSAX, VBAIX, VIIIX etc

Yes, Morningstar would have been better off just calling it “rank”, which is what I think they are really going for.
by Kenkat
Sat Nov 09, 2019 11:30 am
Forum: Personal Consumer Issues
Topic: Was I ripped off at the car dealership?
Replies: 73
Views: 6680

Re: Was I ripped off at the car dealership?

What is your car model/year/engine? That's a very important fact you left out. Are there any known oil gasket issues with this engine? (See model message boards). What is the book shop time for this repair? (See model message boards). *Some models may have a complex procedure. This is more likely w...
by Kenkat
Fri Nov 08, 2019 4:13 pm
Forum: Personal Investments
Topic: Inherited IRA Strategy
Replies: 13
Views: 1107

Re: Inherited IRA Strategy

I’d just take the minimum RMD from the IRA. You have more options for investing that money than the 401k plus it is easier to tap into if by chance you did need to take more money out in the future. Once the money is in the 401k, it is hard to get back out short of taking a loan against it which is ...
by Kenkat
Fri Nov 08, 2019 4:09 pm
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 61
Views: 4703

Re: How bad business travel is?

I think 10% is manageable if it were maybe 4-5 trips per year. I am towards the lower end of that and it doesn’t really bother me. I don’t love it but I don’t hate it either and it does break up the routine at work which can be good. Is the 90 minute flight a direct flight? That makes a huge differe...
by Kenkat
Thu Nov 07, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Annuity buy out offer
Replies: 33
Views: 1577

Re: Annuity buy out offer

I will second what Stinky is saying here. Many insurers priced these wrong when they were first released and now they are open liabilities for the insurance companies that issued them. I am guessing what is currently available from Schwab is different in some way.
by Kenkat
Thu Nov 07, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: Car accident, insurance questions
Replies: 17
Views: 779

Re: Car accident, insurance questions

Was there a child in the car seat at the time of impact? If not, I can’t imagine why you would want to replace it for what sounds like a parking lot fender bender. The car seat probably absorbed more impact force when they shipped it new from China or wherever it was made.
by Kenkat
Thu Nov 07, 2019 6:30 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord & Live Television
Replies: 45
Views: 2961

Re: Cutting the Cord & Live Television

I put a Clearstream 2Max HD antenna on the old Dish Network J-mount to get local channels and that’s it for us. No streaming services. I had Sling for awhile after I dropped cable but eventually got rid of that as well. We get movies on DVD at the library, watch over the air TV (not a lot) and I wil...
by Kenkat
Thu Nov 07, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Did my SIM card / cell phone get hacked?
Replies: 9
Views: 1031

Re: Did my SIM card / cell phone get hacked?

Call your cell from another line. If your cell (i.e., the one in your hand) rings, you are fine.
by Kenkat
Wed Nov 06, 2019 12:10 pm
Forum: Personal Consumer Issues
Topic: What car fits comfortably 3 adults with luggages?
Replies: 63
Views: 1866

Re: What car fits comfortably 3 adults with luggages?

It is hard to beat the carrying capacity of a minivan with the third row seat stowed. Full size SUVs such as a Pilot, Yukon, etc. could be close. Since we have no way of knowing the size of the bags, we don’t know what size is needed. You’ve already said you feel like your sedan is too small while o...
by Kenkat
Tue Nov 05, 2019 10:27 pm
Forum: Investing - Theory, News & General
Topic: study: single anonymous market manipulator caused bitcoin to top $20,000 two years ago
Replies: 9
Views: 1770

Re: study: single anonymous market manipulator caused bitcoin to top $20,000 two years ago

I do have to admit that I am surprised that BTC is still trading above $9,000 each. I would have expected more of a collapse than we’ve seen. So I don’t know exactly what is still propping this market up. But I never thought these things would trade near $10k when a few years ago my then 14 year ol...
by Kenkat
Tue Nov 05, 2019 7:48 pm
Forum: Investing - Theory, News & General
Topic: study: single anonymous market manipulator caused bitcoin to top $20,000 two years ago
Replies: 9
Views: 1770

Re: study: single anonymous market manipulator caused bitcoin to top $20,000 two years ago

I do have to admit that I am surprised that BTC is still trading above $9,000 each. I would have expected more of a collapse than we’ve seen. So I don’t know exactly what is still propping this market up. But I never thought these things would trade near $10k when a few years ago my then 14 year old...
by Kenkat
Tue Nov 05, 2019 7:34 pm
Forum: Investing - Theory, News & General
Topic: Saudi Aramco, a microcosm of International Equities issues.
Replies: 38
Views: 2785

Re: Saudi Aramco, a microcosm of International Equities issues.

Microsoft is 3.59% of Total Stock Index so yes, cap weighting can lead to decent sized chunks of large companies in your portfolio. Aramaco could be a good investment, who knows? There’s risk but let’s just say that there’s a lot of people interested in Saudi Arabian oil too. If this is a concern, i...
by Kenkat
Sun Nov 03, 2019 10:25 pm
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 52
Views: 5160

Re: When DID the stock market recover from 1929?

sambb wrote:
Sun Nov 03, 2019 10:16 pm
In great depression likely had to cash out to afford to eat, etc. Not relevant to current times.
And most average people did not own stocks - they just lost their jobs when the economy crashed.
by Kenkat
Sun Nov 03, 2019 9:50 pm
Forum: Personal Consumer Issues
Topic: Outdoor patio fountains
Replies: 6
Views: 497

Re: Outdoor patio fountains

Depending on where you are in Central Ohio, this store northeast of Cincinnati near I-71 has a huge selection and is where we bought our current fountain which is about the size you are looking for:

http://aquaticgarden.com/
by Kenkat
Sun Nov 03, 2019 9:39 pm
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 52
Views: 5160

Re: When DID the stock market recover from 1929?

It isn't an accurate calculation because that period was hugely deflationary, so you need to adjust for deflation to get an accurate end result. When that is done the recovery is much much faster. Some good insight into this: Article: New Study: Stocks Only Took 5 Years To Recover After 1929 https:...
by Kenkat
Sun Nov 03, 2019 9:29 pm
Forum: Personal Consumer Issues
Topic: Outdoor patio fountains
Replies: 6
Views: 497

Re: Outdoor patio fountains

The pump is really the only thing that you can count on failing; the fountain itself is typically cast stone or metal and is pretty durable in my experience if you protect it from winter freeze. The pumps are pretty easily replaceable, so I don’t think warranty is a big factor in an outdoor fountain...
by Kenkat
Sun Nov 03, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: Lexus CPO - anyone made a claim? Worth the cost?
Replies: 18
Views: 2406

Re: Lexus CPO - anyone made a claim? Worth the cost?

The Lexus CPO extends the warranty two years to six years and is unlimited mileage (vs. 4 years / 50,000 basic warranty). Given that it is a mostly reliable brand overall, I wouldn’t sacrifice getting a car without the options you want just to get the extended warranty of the CPO. There’s a decent c...
by Kenkat
Sun Nov 03, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: How do you reconcile these two opposing views
Replies: 42
Views: 3677

Re: How do you reconcile these two opposing views

During a bear market, you stocks will presumably drop much more than your bonds. You don’t sell stocks during a bear market because of future predictions — you don’t sell stocks during a bear market because your stock allocation is lower than your plan. You should be a buyer during a bear market. Y...