Search found 1863 matches

by Raybo
Wed May 27, 2020 8:40 am
Forum: Investing - Theory, News & General
Topic: “WHEN YOU'VE WON the game, stop playing with the money you really need.”
Replies: 102
Views: 7691

Re: “WHEN YOU'VE WON the game, stop playing with the money you really need.”

If your only worry in inflation, there are inflation-indexed bonds (TIPS) and I-Bonds (yearly purchase limit) which track inflation. I have half my "safe" money in them. My other half is in Total Bond Market. You can use CDs, but they have to be managed, which I find is too much bother. You might se...
by Raybo
Mon May 18, 2020 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to write a privacy policy
Replies: 5
Views: 382

Re: How to write a privacy policy

If you do a search for "privacy policy generator," you will get several links to "free" generators where you fill in the blanks and out one pops, though, you might have to pay to get the final copy.
by Raybo
Mon May 18, 2020 4:44 pm
Forum: Personal Consumer Issues
Topic: What kind of sunglasses?
Replies: 77
Views: 3896

Re: What kind of sunglasses?

You don't say what you are using these glasses for. Polarized sunglasses aren't good for bike riding. If just for walking around, polarization is preferred. I also like photochromatic lenses, ones that get darker as the sun gets brighter.
by Raybo
Thu May 14, 2020 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Secretly Retired - Family doesn't know
Replies: 27
Views: 2913

Re: Secretly Retired - Family doesn't know

I stopped working when I was 47, in 2000. When asked in social situations what I did, I responded that I was retired. This almost always took the conversation into "I won't ever be able to retire" territory and usually killed the interaction. Eventually, I switched to telling people I "don't work." ...
by Raybo
Fri May 08, 2020 10:01 am
Forum: Personal Investments
Topic: Vanguard Check policy changing in July
Replies: 22
Views: 1995

Re: Vanguard Check policy changing in July

I have linked my bank account for transfers out of my MM where my dividends go. I haven't had a problem.
by Raybo
Sat May 02, 2020 11:48 pm
Forum: Personal Consumer Issues
Topic: Powdered Soy Milk
Replies: 39
Views: 2196

Re: Powdered Soy Milk

Soy milk is made from soy beans and water. I’ve made it before. Check for a recipe on the Internet. I soaked the beans for several hours, blended them, and then sieved the resulting liquid a couple times through muslin cloth. It was neither quick nor easy, used lots of water and there was lots of so...
by Raybo
Sat May 02, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me unravel my parents mess
Replies: 55
Views: 6612

Re: Please help me unravel my parents mess

If they are retiring in a couple years, they need to start with a thorough analysis of their retirement expenses. Once you know how much they will need yearly, you can see how their current assets will meet those needs. Some questions: Will they get Social Security? If so, will it be enough to cover...
by Raybo
Sat May 02, 2020 4:22 pm
Forum: Personal Investments
Topic: Money manager, is it worth it ? 1M to invest.
Replies: 21
Views: 2320

Re: Money manager, is it worth it ? 1M to invest.

Investing is part of a larger life/financial plan. Without knowing what you want to do, it is hard to design an investment scheme to get you there. What are your goals in life? Retire early? Travel? Kids? What are your expenses? Hopefully, the "plan" your advisor has created addresses these question...
by Raybo
Sun Apr 19, 2020 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for new business idea
Replies: 5
Views: 314

Re: Looking for new business idea

Do you want to run this business? Are you willing to buy an existing business? What about pulling a Buffett and find an existing business you understand and believe will do well going forward and see if you can find someone who needs money and can't get it and then use this leverage to make a sweet ...
by Raybo
Sun Apr 19, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: SWR Data: 6.5 Million Possibilities Considered
Replies: 152
Views: 7115

Re: The only safe withdrawal rate is one under 3%

There have been posts like this for years now. Then, in 2019 the market is up almost 30%. How does this figure into all these dire predictions?
by Raybo
Fri Apr 17, 2020 8:19 pm
Forum: Personal Consumer Issues
Topic: How to deal with loud neighbor bass noise in NYC
Replies: 34
Views: 1798

Re: How to deal with loud neighbor bass noise in NYC

Would noise canceling headphone help?
by Raybo
Wed Apr 15, 2020 7:00 pm
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 31469

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

The question always comes back to how much "not living" risk should one take to overcome "projection" risk? That is, how much should I cut back spending, extend my retirement date, and/or increase my stock percentage for the sake of raising the simulated percentage chance of my withdrawal rate being...
by Raybo
Sat Apr 11, 2020 3:34 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17348

Re: Ponzi Scheme?

No one can consistently produce 10% returns, period. I've invested in managed currency accounts (where I lost money) and I don't see why someone would be able to time this market any more than someone can time the stock market. But, currency trading sounds exotic enough that it might fool people int...
by Raybo
Sat Apr 11, 2020 10:29 am
Forum: Personal Finance (Not Investing)
Topic: How often do you login and review your investment accounts?
Replies: 68
Views: 2404

Re: How often do you login and review your investment accounts?

I wrote a program that runs every day and calculates my investments to the penny. To me, it is like looking at the box scores in the sports section.
by Raybo
Wed Apr 08, 2020 5:01 pm
Forum: Investing - Theory, News & General
Topic: Taking Social Security in a down market
Replies: 13
Views: 1373

Re: Taking Social Security in a down market

Just to finish up this thread, I check on the SSA site today and saw this message: Decision Has Been Made On Your Benefit Application Your claim for Spouse benefits has been approved. A detailed notice has been sent to you with your benefit information. My only regret is that I didn't now about this...
by Raybo
Tue Apr 07, 2020 5:30 pm
Forum: Personal Consumer Issues
Topic: How do you maximize enjoyment after achieving FI?
Replies: 161
Views: 8469

Re: How do you maximize enjoyment after achieving FI?

Take a month-long bike ride in some beautiful place. I can suggest several.
by Raybo
Mon Apr 06, 2020 11:20 pm
Forum: Investing - Theory, News & General
Topic: Simulated market timing anomoly
Replies: 3
Views: 383

Simulated market timing anomoly

One odd thing about mutual funds is that you can put in a buy or sell order during the trading day that executes at the end of the day. This allows market timers to get a look at the market trends before deciding to sell, buy or hold at the end of the day. I got to wondering if some kind of market t...
by Raybo
Sun Apr 05, 2020 10:19 am
Forum: Investing - Theory, News & General
Topic: Taking Social Security in a down market
Replies: 13
Views: 1373

Re: Taking Social Security in a down market

Based on advice here, I applied for spousal benefits. The person who handled my claim though that I would only be allowed to get spousal benefits if my wife was over 62, which is what I thought. But, she asked an internal expert and was told this wasn't a requirement and that I was eligible. I am wa...
by Raybo
Sun Mar 29, 2020 2:44 pm
Forum: Personal Investments
Topic: 60/40 is dead?
Replies: 25
Views: 3299

Re: 60/40 is dead?

If interest rates are low, so is inflation. If someone has enough to retire, the main fear is inflation eating away at one's assets. Thus, the need to stocks in retirement.

With low inflation, the need for stocks goes down, for those with "enough."
by Raybo
Fri Mar 27, 2020 9:57 am
Forum: Personal Investments
Topic: Moving $1M+ from Wealthfront to...? Help please
Replies: 7
Views: 479

Re: Moving $1M+ from Wealthfront to...? Help please

It sounds like you want someone to manage your money. Is this correct? I do my own investing in index funds. Vanguard and Fidelity have several all in one funds that rebalance or keep a specific AA over time. I'm sure you could find one that aims to meet your goals. What, exactly, are you looking fo...
by Raybo
Wed Mar 25, 2020 11:43 pm
Forum: Investing - Theory, News & General
Topic: If I were a retiree right now....
Replies: 81
Views: 10721

Re: If I were a retiree right now....

Posting
Another
Nutty
Investment
Comment
by Raybo
Tue Mar 24, 2020 9:25 am
Forum: Personal Consumer Issues
Topic: Costco Senior hour Tue and Thur
Replies: 70
Views: 5735

Re: Costco Senior hour Tue and Thur

I went to the senior hours of a Whole Foods and a) had to show ID to get in and b) was number 37 let in. The place was very crowded, possibly even more crowded than usual. I didn't feel safe at all.

Not sure I would go to senior hours anywhere again.
by Raybo
Sun Mar 22, 2020 4:53 pm
Forum: Personal Investments
Topic: Get out now or ride it out?
Replies: 85
Views: 7026

Re: Get out now or ride it out?

My plan is to do both.

I plan to get out(side) and ride it out (on my bicycle).
by Raybo
Sun Mar 15, 2020 1:28 pm
Forum: Investing - Theory, News & General
Topic: Taking Social Security in a down market
Replies: 13
Views: 1373

Re: Taking Social Security in a down market

Just applied for Social Security Spousal Benefits on-line. Actually, it is simply an application for benefits with a checkbox for saying if I am eligible for spousal benefits then I don't want my benefits to start.

We'll see what happens.
by Raybo
Fri Mar 13, 2020 5:27 pm
Forum: Investing - Theory, News & General
Topic: Taking Social Security in a down market
Replies: 13
Views: 1373

Re: Taking Social Security in a down market

My wife gets SS disability. I can't take spousal benefits from that. Yes you can (provided the other requirements are met). https://www.ssa.gov/OP_Home/cfr20/404/404-0330.htm You are entitled to benefits as the wife or husband of an insured person who is entitled to old-age or disability benefits i...
by Raybo
Fri Mar 13, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: Taking Social Security in a down market
Replies: 13
Views: 1373

Re: Taking Social Security in a down market

My wife gets SS disability. I can't take spousal benefits from that. I have less than 1 year's expenses in after-tax money, all in stocks with minimal gains (heading to l/t losses soon). All other money is in tax-deferred accounts, so it will all be taxed regardless of which asset type I sell. Using...
by Raybo
Fri Mar 13, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: Taking Social Security in a down market
Replies: 13
Views: 1373

Taking Social Security in a down market

I will be 68 this year. My plan has been to wait until 70 to take Social Security, funding my expenses by non-IRA assets until then. I wanted to wait for the lifetime higher annuity amount. Another reason to wait is to assure my wife of a higher payout, but her payout is already higher than mine, so...
by Raybo
Sat Feb 29, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: 51/49 LLC partnership. Need quick advice!!
Replies: 19
Views: 962

Re: 51/49 LLC partnership. Need quick advice!!

Why not suggest edit options should the things you are worried about happen. For example, if you leave the business what happens? Have a method for valuing the business and paying you your percent of the value. It shouldn’t be that hard to come up with an overall method for splitting up the partners...
by Raybo
Mon Feb 24, 2020 3:16 pm
Forum: Personal Consumer Issues
Topic: Avis charging for existing damage on rental car
Replies: 111
Views: 7628

Re: Avis charging for existing damage on rental car

The way to look at this is to treat it as tuition to the "Always inspect your rental car" class. My guess is you won't make this mistake a second time.
by Raybo
Sun Feb 09, 2020 11:42 pm
Forum: Personal Consumer Issues
Topic: Retirement: Filling the time?
Replies: 96
Views: 10346

Re: Retirement: Filling the time?

When I retired, I made a list of things I wanted to do assuming time and money were not a limit. The list had a couple dozen things on it. I tried most of the items on the list (it turns out I have no desire to write a novel). Some of them I did for a good long while, like play the saxophone or read...
by Raybo
Sun Jan 19, 2020 12:05 pm
Forum: Investing - Theory, News & General
Topic: Shift in Wealth accounts for most of stock returns in past 30 years
Replies: 2
Views: 704

Shift in Wealth accounts for most of stock returns in past 30 years

It seems to me that historic measures of stock performance makes an important assumption. Namely, that the amount of money that comes into a corporation is consistently distributed between workers and stockholders. But, according to this paper: How the Wealth Was Won: Factor Shares as Market Fundame...
by Raybo
Sat Jan 18, 2020 7:58 pm
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (Link to Journal provided)
Replies: 21
Views: 2116

Re: A bike tour from Bolzano to Vienna (3rd and final report added)

renue74 wrote:
Fri Sep 06, 2019 6:18 pm
I actually enjoy the written trip reports more than the photos. They are personable and interesting.

When I retire, I want to do this.
I finally finished the detailed journal for this ride. It always takes longer to write the journal than to do the ride.
by Raybo
Sat Jan 18, 2020 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab High Yield checking account
Replies: 32
Views: 2775

Re: Charles Schwab High Yield checking account

I travel a lot internationally. I love my Charles Schwab checking account and ability to use ATMs worldwide without fees. As a heads-up: I, too, use the Schwab card to get money from ATMs in Europe. But, be careful. I have found several banks in both Switzerland and Italy that did a currency conver...
by Raybo
Sat Jan 18, 2020 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab High Yield checking account
Replies: 32
Views: 2775

Re: Charles Schwab High Yield checking account

I travel a lot internationally. I love my Charles Schwab checking account and ability to use ATMs worldwide without fees. As a heads-up: I, too, use the Schwab card to get money from ATMs in Europe. But, be careful. I have found several banks in both Switzerland and Italy that did a currency conver...
by Raybo
Thu Jan 16, 2020 6:13 pm
Forum: Personal Consumer Issues
Topic: Anyone been to Montenegro?
Replies: 6
Views: 855

Re: Anyone been to Montenegro?

I took the Lepetane-Kamenari ferry and recall that it was hassle-free by car, can't imagine you'd have problems on bike. But the point of the ferry is to reduce travel distance - you'd be missing out on the most scenic part of the Bay of Kotor. Thanks for the information. This is what I've been tol...
by Raybo
Thu Jan 16, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: Anyone been to Montenegro?
Replies: 6
Views: 855

Anyone been to Montenegro?

I am planning my next bike trip and am seriously considering riding in Montenegro, specifically, up to Dormitor National Park in the northeast. I don't know much about the place and am wondering if anyone here has been to Montenegro lately? I saw an article in the paper about friction between Serbia...
by Raybo
Wed Jan 15, 2020 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Q/A for early retirees who retired before 50 and have been retired for at least 5 years.
Replies: 23
Views: 4520

Re: Q/A for early retirees who retired before 50 and have been retired for at least 5 years.

I am hoping that a few early retirees who have been retired for a minimum of 5 years and retired before turning 50 or close to it can share their experience. I am using 50 because there is a long way between 50 and collecting Medicare and SS. I retired in 2000 when I was 48. 1) During your retireme...
by Raybo
Wed Jan 08, 2020 6:58 pm
Forum: Investing - Theory, News & General
Topic: Advisor laying out a convincing argument for active management?
Replies: 43
Views: 3107

Re: Advisor laying out a convincing argument for active management?

Active or passive is not the issue. The key is meeting your financial goals with the lowest risk investments. To me, the key is if the advisor either a) kept investing/rebalancing in the 2008 debacle or b) stayed the course in the same timeframe. If the advisor didn't do either a) or b) then which f...
by Raybo
Sat Jan 04, 2020 10:58 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 432
Views: 275194

Re: Re:

I've been retired for 8 years and am only in my mid-50s. It is hard to watch years of expenses evaporate in one day, day after day. The only thing that makes this palatable is that I have several years expenses in cash or equivalents (Cash, CDs, or I-bonds). While I hate seeing my retirement pile o...
by Raybo
Sat Dec 21, 2019 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Hacked 3 times - What is happening?
Replies: 23
Views: 2710

Re: Credit Card Hacked 3 times - What is happening?

There is a charity that I like to support. Every time I donated via my credit card, it got stolen. Not right away, but eventually. I now send them a check and the hacks have stopped.
by Raybo
Sun Dec 15, 2019 7:30 pm
Forum: Personal Consumer Issues
Topic: Installing grab bars in fiberglass shower stall
Replies: 16
Views: 1180

Re: Installing grab bars in fiberglass shower stall

I use suction cup grab bars. The ones I use look like this: https://cdn.shopify.com/s/files/1/2363/0999/products/portable-lifeline-grip-buy-1-get-1-free-suction-grab-rails-3610388267031_600x@2x.jpg?v=1554456246 They are cheap, very easy to install and seem to hold onto (my tile) wall for a long whil...
by Raybo
Fri Dec 13, 2019 1:42 pm
Forum: Personal Investments
Topic: WWYD? - advice needed. 41 yr old in VHCOL, FIRE? thinking of leaving high stress job.
Replies: 54
Views: 4324

Re: WWYD? - advice needed. 41 yr old in VHCOL, FIRE? thinking of leaving high stress job.

Is there something else you want to do in life? If you only want to work, then keep working. If you have nothing else you want to do, keep working. Frankly, if you can't think of anything else you'd rather do (besides worrying if you have enough to retire), maybe dying young from stress and overwork...
by Raybo
Fri Dec 13, 2019 10:06 am
Forum: Personal Consumer Issues
Topic: Broadway Show
Replies: 17
Views: 890

Re: Broadway Show

Hamilton is playing in San Francisco. We got tickets on-line in the Orchestra for under $100. While the flight will be more expensive, when you include the NYC ticket prices, it might be cheaper over all. Also, the weather is better in the winter. :D
by Raybo
Sat Nov 30, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: How to define enough?
Replies: 73
Views: 10419

Re: How to define enough?

There is the definition of "enough" money, which is well covered above. There is also the definition of "enough" to do. Unless you have hobbies, interests, or a passion for something, retirement can be a lot of time to fill. Without the need to trade your days for money, each day offers 18 hours to ...
by Raybo
Thu Nov 28, 2019 9:09 am
Forum: Personal Investments
Topic: Amazing Job Security and Implications for Asset Allocation
Replies: 17
Views: 2009

Re: Amazing Job Security and Implications for Asset Allocation

It appears you don't need to take risk in order to meet your financial goals. So, why take the risk?
by Raybo
Wed Nov 27, 2019 9:41 am
Forum: Personal Investments
Topic: So I had my free phone call from Personal Capital . . .
Replies: 27
Views: 4244

Re: So I had my free phone call from Personal Capital . . .

Did the advisor say by how much this method of investing would beat the "old" indexing method? It seems to me if someone is telling you something will cost you (at least) .89% AUM then that person should also tell you how s/he will make you more than that amount.
by Raybo
Tue Nov 26, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Visiting SAN FRANCISCO
Replies: 53
Views: 5020

Re: Visiting SAN FRANCISCO

If you haven't been to San Francisco lately, the streets in certain areas have become super dirty (feces), with many questionable people lingering on the streets. Without getting political, you may want to look into that situation before deciding how many days to spend where. https://www.vice.com/e...
by Raybo
Tue Nov 26, 2019 2:20 pm
Forum: Personal Consumer Issues
Topic: Visiting SAN FRANCISCO
Replies: 53
Views: 5020

Re: Visiting SAN FRANCISCO

sounds a bit adventureous and maybe should delay this yosemite visit since I have 8-10 year olds with me. Is there something closer to the city that would give us a nature feel, but maybe not as intense as skiing and driving up icy mountains? I need a bit more information. Do you want to take a lon...
by Raybo
Wed Nov 20, 2019 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Year off - need advice!
Replies: 16
Views: 3015

Re: Year off - need advice!

Take a long ride on a bicycle through some beautiful place.