Search found 989 matches

by snowman9000
Thu Oct 12, 2017 1:45 pm
Forum: Personal Consumer Issues
Topic: Countertop refinishing
Replies: 7
Views: 1312

Re: Countertop refinishing

Thanks Peratio. We have some split seams and cracking. And the integral sink bowls are scratched up. The product is a fairly thin solid, say 1/4" or so, bonded to a wood substrate. It's probably a cheap alternative to Corian etc. We have tried to find someone to repair it but have completely struck ...
by snowman9000
Sun Oct 01, 2017 10:42 am
Forum: Personal Consumer Issues
Topic: Countertop refinishing
Replies: 7
Views: 1312

Re: Countertop refinishing

Solid surface.
by snowman9000
Sat Sep 30, 2017 8:22 am
Forum: Personal Consumer Issues
Topic: Countertop refinishing
Replies: 7
Views: 1312

Countertop refinishing

I heard this company mentioned on a handyman radio show.

https://www.miraclemethod.com/counterto ... ishing.htm

I wondered if anyone has recent experience with having a countertop or tile refinished? Is it worth a darn?
by snowman9000
Sat Sep 23, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Help me calculate returns on Whole Life Policy - Keep it or cancel it?
Replies: 19
Views: 1922

Re: Help me calculate returns on Whole Life Policy - Keep it or cancel it?

I had this man evaluate an existing whole life policy for me. I was well satisfied with the service.
http://www.evaluatelifeinsurance.org
by snowman9000
Wed Sep 20, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Overseas real estate markets
Replies: 5
Views: 764

Re: Overseas real estate markets

Thanks for the answers!

Anyone else?
by snowman9000
Mon Sep 18, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Overseas real estate markets
Replies: 5
Views: 764

Overseas real estate markets

Are there any developed countries outside the US that are the value stocks of real estate? So I'm asking not about Vancouver or London or Tokyo, but some place that is developed, civilized, and nice, but not yet bid up to crazy levels.

Same question for farmland, too.
by snowman9000
Wed Sep 06, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Spine healthy recliner or lounge chairs, Euro etc
Replies: 8
Views: 1362

Re: Spine healthy recliner or lounge chairs, Euro etc

Thanks to everyone. We thoroughly tried out the Stressless chairs, and ordered one. It was still about $2500. They have one less than $2000, but the cushions and leather are quite a bit less cushy. Probably on purpose. :)
by snowman9000
Sat Aug 26, 2017 5:10 pm
Forum: Personal Consumer Issues
Topic: Ramp for a dog to get into a SUV
Replies: 13
Views: 1342

Re: Ramp for a dog to get into a SUV

If the ramp angle is too steep, it will be hard for the dog to do. But a long ramp is hard to store in the vehicle. We had a Pet Step ramp. It is big, heavy, and expensive, but the dog was able to get up and down on it. Also, it has a grippy surface. If you get one, be careful folding it up, it is e...
by snowman9000
Sat Aug 26, 2017 5:06 pm
Forum: Personal Consumer Issues
Topic: Spine healthy recliner or lounge chairs, Euro etc
Replies: 8
Views: 1362

Spine healthy recliner or lounge chairs, Euro etc

I'm looking for something that keeps the lumbar spine nicely positioned. This is actually to help keep my neck in good posture. I find that in most recliners, the lumbar sags into the chair, and then the neck can't be anything other than too far forward. I have a neck condition that is aggravated by...
by snowman9000
Mon Mar 06, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 9686

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

You can most definitely make over $100,000 and pay no--or extremely low--income taxes. There's one blogger, rootofgood.com who had a family income of $150,000 and paid $150 in income taxes. You can read the details here: http://rootofgood.com/make-six-figure-income-pay-no-tax/ The basics behind it:...
by snowman9000
Sat Mar 04, 2017 7:19 pm
Forum: Investing - Theory, News & General
Topic: Does anyone own gold?
Replies: 117
Views: 14617

Re: Does anyone own gold?

If it was the end of the world how would you actually go about using your gold to barter without getting murdered for it? And why would anyone else want it? I would imagine the can-of-beans/gold coin exchange rate would get pretty high in any apocalyptic scenario... This kind of stuff comes up ever...
by snowman9000
Sat Jan 14, 2017 2:25 pm
Forum: Investing - Theory, News & General
Topic: Emergency fund of a different kind [funds held outside of US]
Replies: 53
Views: 3427

Re: Emergency fund of a different kind [funds held outside of US]

It's simpler and probably more disaster proof to buy gold and have it vaulted overseas. There are any number of reputable ways to do it these days, accessible to even small investors. At least some of them allow you to collect your gold at the vault if the need arises. I am interested in the company...
by snowman9000
Sat Jan 14, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Bogle says 50-50 short/intermediate bonds
Replies: 45
Views: 7925

Re: Bogle says 50-50 short/intermediate bonds

Holding a bond fund in a rising rate environment is a lot different than holding bonds. Yes, you can simply hang onto your bonds until maturity. You never mark to market. You are replacing the unrealized capital losses with purchasing power losses, but it feels okay to most people anyway. That is no...
by snowman9000
Wed Jan 11, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: Sell strategy for thinly traded closed end fund shares
Replies: 16
Views: 938

Re: Sell strategy for thinly traded closed end fund shares

Tanelorn, it's GIM. So you think that's less of a problem, why?

Livesoft, yes, that is a good idea, I'll give an update. It might not happen immediately.
by snowman9000
Tue Jan 10, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: Sell strategy for thinly traded closed end fund shares
Replies: 16
Views: 938

Re: Sell strategy for thinly traded closed end fund shares

Thanks for the good comments and keep em coming.

I am a Flagship client and have free trades. How many I don't know, because I trade infrequently. For this purpose, we can assume free trades.
by snowman9000
Tue Jan 10, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: Sell strategy for thinly traded closed end fund shares
Replies: 16
Views: 938

Sell strategy for thinly traded closed end fund shares

I want to sell 50,000 shares of a closed end fund which has an average daily volume of 350,000 shares. Price is about $6.50/share, so it's a thin market dollar wise. I don't want to shoot myself in the foot by driving the market down by selling too much too fast. What would be a reasonable approach ...
by snowman9000
Tue Jan 03, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Tax software for doing What If? analyses
Replies: 3
Views: 613

Tax software for doing What If? analyses

I am a taxable investor. I want to use software to do what if analyses to test different mixes of investment income such as tax exempt, bond interest, dividends, gains, etc. In the past I have used online Turbo Tax through VG, but IIRC it only allows a very limited number of uses. I'd like to buy so...
by snowman9000
Sun Jan 01, 2017 7:26 pm
Forum: Investing - Theory, News & General
Topic: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager
Replies: 187
Views: 23525

Re: Bernstein-"To Make Money They Didn't Need".....and Pascal's Wager

retire57 wrote:Thanks for sharing this thoughtful post. After reading, I'm more satisfied with our newly-retired new-to-us 50/50 AA. I had been pouting through most of this month's stock gains, but feel less petulant now.
Ditto here on all points.
by snowman9000
Mon Dec 26, 2016 10:15 pm
Forum: Personal Consumer Issues
Topic: Snowblower: lubricating discharge chute?
Replies: 20
Views: 3514

Re: Snowblower: lubricating discharge chute?

Take a look at the Youtube videos for snowblower impeller fix. You'll do better with that simple fix than trying to lube the chute. I've seen those, and while they look VERY convincing I've often wondered if they put additional stress/torque on the engine that could be harmful over the long run. I'...
by snowman9000
Sat Dec 24, 2016 3:42 pm
Forum: Personal Consumer Issues
Topic: Snowblower: lubricating discharge chute?
Replies: 20
Views: 3514

Re: Snowblower: lubricating discharge chute?

Take a look at the Youtube videos for snowblower impeller fix. You'll do better with that simple fix than trying to lube the chute.
by snowman9000
Wed Oct 19, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: ACA for grad student
Replies: 11
Views: 1179

Re: ACA for grad student

Turns out I had bad information, the student makes $17K+ modified AGI, which is over the threshold of 133 or 138% of the poverty line. So they have to figure out the ACA.
by snowman9000
Tue Oct 11, 2016 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: ACA for grad student
Replies: 11
Views: 1179

Re: ACA for grad student

thanks everyone. Looks like she can get Medicaid.
by snowman9000
Mon Oct 10, 2016 9:31 am
Forum: Personal Finance (Not Investing)
Topic: ACA for grad student
Replies: 11
Views: 1179

Re: ACA for grad student

She is an IL resident, at an IL school.

I checked the link provided, and IL has the Medicaid expansion.

I told them to just go to healthcare.gov and start looking around.
by snowman9000
Mon Oct 10, 2016 8:46 am
Forum: Personal Finance (Not Investing)
Topic: ACA for grad student
Replies: 11
Views: 1179

ACA for grad student

My niece is a grad student, just turning 26. She gets paid something like $12,000 by the university. They do not offer health insurance. Her parents are all worried about her falling off their insurance, but can't she get ACA insurance for practically nothing? Where to go for good info? (You can tel...
by snowman9000
Mon Mar 02, 2015 7:15 pm
Forum: Investing - Theory, News & General
Topic: How to Invest in Gold
Replies: 70
Views: 9475

Re: How to Invest in Gold

Why would you allocate any of your portfolio to a chunk of metal that has absolutely no backing from any meaningful institution of any kind? Oh my! Wow. Well, yes. That is precisely the advantage of gold. It is nobody's promise. By the way, if you want to invest in gold, don't invest in miners. Whe...
by snowman9000
Fri Oct 17, 2014 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: How to move 8 figure portfolio and minimize capital gains?
Replies: 10
Views: 2542

Re: How to move 8 figure portfolio and minimize capital gain

Vanguard large stock index funds are extremely tax-efficient. So are municipal bonds or funds of same. I think he would be surprised how affordable his taxes can be with those two core holdings. Not to mention the tranquility of a simple plan. If interest rates and dividends ever rise to what they s...
by snowman9000
Fri Oct 17, 2014 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Relatively new here. What did you do in 2008/09
Replies: 130
Views: 13669

Re: Relatively new here. What did you do in 2008/09

I learned so much about myself as an investor, and about my investment plan. It had been a conservative, BH-type plan, but I still lost almost 30%. At the same time, I had a big capital gain from a business situation, so I harvested tax losses (repeatedly as the market kept falling!) in my funds. In...
by snowman9000
Fri Oct 17, 2014 8:42 pm
Forum: Investing - Theory, News & General
Topic: Taxable investing compatible with Boglehead approach?
Replies: 9
Views: 1482

Re: Taxable investing compatible with Boglehead approach?

I would suggest reading Wm. Bernstein's Four Pillars of Investing. He covers the specific limitations you'll encounter as a taxable investor. One big thing is, you MUST use index funds, to avoid undesirable capital gains distributions. Once I understood that, my income tax bill went way down. I can'...
by snowman9000
Tue Oct 07, 2014 9:42 pm
Forum: Investing - Theory, News & General
Topic: What evidence would prove the Boglehead mentality wrong?
Replies: 212
Views: 22704

Re: What evidence would prove the Boglehead mentality wrong?

If the question is passive indexing versus active selection, I think that's been covered. Mark me down as saying the former is unbeatable, subject to the following caveat. Bogleheadism rests on a belief that the future will look more or less like the past, in that US stock and bond markets will tren...
by snowman9000
Sat Oct 04, 2014 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Safety of large balances in checking accounts (fraud etc.)
Replies: 10
Views: 1883

Safety of large balances in checking accounts (fraud etc.)

How much/ what kind of exposure to theft is there for money in a checking account? Real world happenings, not theoretical. The account is used for direct debiting for some bills, plus some online bill paying, plus writing checks. The debit card is never used at stores for purchases. If there is $400...
by snowman9000
Thu Oct 02, 2014 9:01 pm
Forum: Investing - Theory, News & General
Topic: VG Removes Percentage IRR from Personal Performance
Replies: 9
Views: 1571

Re: VG Removes Percentage IRR from Personal Performance

Today I see the percentage return is back on my Vanguard performance page. yay.
by snowman9000
Wed Sep 24, 2014 8:57 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 64467

Re: What's your one big takeaway from the Crash of 2008?

I didn't check to see if these have been posted. More than one, but they are all big IMO. 1) Most conventional BH assets were strongly correlated, down. . Not true. Total Bond did just fine and behaved pretty much as expected in the recession compared to stocks. See here During the worst of the cra...
by snowman9000
Wed Sep 24, 2014 8:02 pm
Forum: Investing - Theory, News & General
Topic: VG Removes Percentage IRR from Personal Performance
Replies: 9
Views: 1571

Re: VG Removes Percentage IRR from Personal Performance

It's no longer there on mine. Maybe it's only MIA on certain accounts, or accounts containing certain holdings, or who knows.
by snowman9000
Wed Sep 24, 2014 9:27 am
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 64467

Re: What's your one big takeaway from the Crash of 2008?

I didn't check to see if these have been posted. More than one, but they are all big IMO. 1) Most conventional BH assets were strongly correlated, down. 2) Treasury bonds were a lot better than munis or commercial bonds. The T-Bonds even went up, I think? 3) Money market funds have a risk component....
by snowman9000
Wed Sep 24, 2014 9:21 am
Forum: Investing - Theory, News & General
Topic: VG Removes Percentage IRR from Personal Performance
Replies: 9
Views: 1571

VG Removes Percentage IRR from Personal Performance

If this has already been posted, please lock or delete this one. I inquired with my VG rep as to why I could no longer see the percentage rate of return on the personal performance webpage. It took several days for him to get back to me. Here is his answer: I am writing to you as a follow-up to a co...
by snowman9000
Fri Sep 19, 2014 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: I need "Ultra High Net Worth" investing advice please
Replies: 235
Views: 34392

Re: I need "Ultra High Net Worth" investing advice please

The six-figure person needs growth with some safety margin. The eight-figure person needs safety with some growth margin. The six-figure person can't be bothered sacrificing growth for black swan protection. (Based on what I've read here over the years). The eight-figure person has enough wealth to ...
by snowman9000
Thu Sep 18, 2014 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: I need "Ultra High Net Worth" investing advice please
Replies: 235
Views: 34392

Re: I need "Ultra High Net Worth" investing advice please

The typical Boglehead advice doesn't quite apply, IMO. As much as it hurts for a person with a $500K portfolio to see it drop to $300K in a bad event, imagine the hurt if yours drops from $50 MM to $30 MM. You need to conserve your wealth and grow it conservatively, rather than take much risk. OP, y...
by snowman9000
Thu Aug 21, 2014 10:23 am
Forum: Investing - Help with Personal Investments
Topic: New VG Performance Charts
Replies: 17
Views: 2572

Re: New VG Performance Charts

Mine no longer shows the rate of return. Just the ins and outs, ups and downs, and balances. I've tried every selection option I can find. What am I missing?
by snowman9000
Mon Oct 21, 2013 6:10 pm
Forum: Investing - Theory, News & General
Topic: Long term bogleheads returns?
Replies: 21
Views: 2931

Re: Long term bogleheads returns?

Anyone who was in the market from the 80s to early 2000's, or even to today, should have results making him/her look like a genius. I know I do. It didn't matter much whether you were a boglehead or not. That glorious bull era is the basis for a lot of expectations going forward. It's why pension fu...
by snowman9000
Mon Oct 21, 2013 4:18 pm
Forum: Investing - Theory, News & General
Topic: Buy High Dividend Stocks and Ignore The Noise
Replies: 71
Views: 8719

Re: Buy High Dividend Stocks and Ignore The Noise

I think it's unfortunate that it took about 50 posts for someone to mention that dividends are real, and cannot be faked. In stark contrast to a lot of the number-massaging that goes on in corporate accounting. In some ways, buying a stock that never pays a dividend is an application of the greater ...
by snowman9000
Fri Aug 30, 2013 5:22 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig Article on Shallow & Deep Risk
Replies: 45
Views: 10802

Re: Jason Zweig Article on Shallow & Deep Risk

I've yet to see a good argument as to why moderate expected inflation is a problem (rewriting menus every so often does not count as a major problem). Deflation, on the other hand, has been associated with very bad situations. Well, tempting a thread lockdown, inflation is a hidden tax. And it does...
by snowman9000
Wed Jan 02, 2013 10:10 am
Forum: Investing - Theory, News & General
Topic: What was your 2012 return?
Replies: 275
Views: 25879

Re: What was your 2012 return?

With approximately a Permanent Portfolio, 8.3%.
3 years 8.2%
5 years, not all PP, 4.7%
by snowman9000
Sat Dec 15, 2012 10:48 pm
Forum: Investing - Theory, News & General
Topic: Purchase of Gold
Replies: 27
Views: 2575

Re: Purchase of Gold

Gold stocks perform far differently than gold in times of crisis.
Ask me how I know.
:(
by snowman9000
Fri Dec 14, 2012 8:58 pm
Forum: Investing - Theory, News & General
Topic: Purchase of Gold
Replies: 27
Views: 2575

Re: Purchase of Gold

I have reviewed comments on this forum, on the wisdom of having gold in a portfolio. I have concluded that I want about 10% of my total in gold. I don’t want to trigger off another round of discussion of the “good or bad” of owning gold. My decision is made. What I need are some details on how to a...
by snowman9000
Tue Dec 11, 2012 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: 5 year performance at Vanguard
Replies: 41
Views: 4910

Re: 5 year performance at Vanguard

4.6%, the last 3 or 4 years consisting of (pretty much) the Permanent Portfolio.
I didn't lose as much in 2008 as many people so that has to factor in the return numbers, probably smoothing the returns compared to more traditional investors.
by snowman9000
Sat Dec 08, 2012 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: How to value and sell a small business
Replies: 23
Views: 2965

Re: How to value and sell a small business

I have a friend who will be attempting to sell their small business to fund retirement. First off, how do you value the business? Without getting too specific,the business to be sold manufactures small parts used in the Technolgy industry. Would the present value of future cash streams be the most ...
by snowman9000
Tue Oct 16, 2012 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: SPIA for 91 year old
Replies: 4
Views: 542

SPIA for 91 year old

I'm helping a 91 year old person get information on a SPIA. First off, I don't know if they are even written for a person of that advanced age. This is a unique situation involving a trust, so let's not veer off into the why's and wherefore's please. What annuity companies would be good ones to cont...
by snowman9000
Sun Jul 15, 2012 6:17 am
Forum: Investing - Theory, News & General
Topic: Gold ETFs
Replies: 49
Views: 5792

Re: Gold ETFs

Nobody ever seems to mention the risks of owning physical gold. If you keep it at home, there are risks. If you keep it at a bank in the US, there are risks. If you keep it at a bank overseas, there are risks, and significant costs. I'm not saying don't own physical gold. Just understand the risks y...
by snowman9000
Mon Apr 30, 2012 9:33 pm
Forum: Investing - Theory, News & General
Topic: Tax-managed funds are now more attractive
Replies: 18
Views: 5355

Re: Tax-managed funds are now more attractive

Yes, well, do they still carry a charge for selling shares within X years? In 2008 I paid some hefty exit fees on TM funds when I had to harvest tax losses.
by snowman9000
Tue Mar 27, 2012 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: 1 Fund Portfolio -VWIAX
Replies: 10
Views: 2207

Re: 1 Fund Portfolio -VWIAX

It's a GREAT fund, and you could do a lot worse.