Search found 1813 matches

by Raybo
Fri Nov 15, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: Need to rebalance International vs Domestic?
Replies: 1
Views: 168

Need to rebalance International vs Domestic?

if someone has allocated their international stocks at the market cap (for argument's sake, lets say 50/50 US/International is the market cap) and the investments are in general index funds (TSM for US and International ex-US) is there a need for them to rebalance these? Won't they fluctuate as the ...
by Raybo
Wed Nov 13, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: The difficulty of discarding frugality?
Replies: 110
Views: 9883

Re: The difficulty of discarding frugality?

I'm like you.

I have decided that anything below $1,000 is a spend on impulse amount. Since I don't have many impulses to buy, it works for me. Things above that amount, require some thinking and/or agreement with my wife (who has her own spending calculus :happy ).
by Raybo
Mon Nov 11, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Doing your own taxes and finding errors from past preparer and company!
Replies: 15
Views: 793

Re: Doing your own taxes and finding errors from past preparer and company!

Many years ago (when my business was organized as a corporation), I went to a CPA to have my taxes done. It cost me several hundred dollars. Like you, I discovered an error (on depreciation) and went back to have the CPA fix it. The CPA charged me more to fix the error than the error was for. After ...
by Raybo
Wed Nov 06, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: List of companies with $1.5 billion in revenue?
Replies: 7
Views: 687

Re: List of companies with $1.5 billion in revenue?

Ok, I'll bite - what is the purpose of such a list for you? I am a docent at Alcatraz. I just started giving a talk on Al Capone. In 1927, the Supreme Court ruled that illegally gotten income still needed to be reported to the IRS and taxes paid. The defendant (not Capone) had argued that reporting...
by Raybo
Wed Nov 06, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: List of companies with $1.5 billion in revenue?
Replies: 7
Views: 687

List of companies with $1.5 billion in revenue?

I would like to find a list of companies with around $1.5 billion in yearly revenue. I've searched using obvious phrases but can't seem to find a list of such companies and their revenue.

Does anyone know where I can find such a list?
by Raybo
Tue Oct 15, 2019 10:04 am
Forum: Personal Investments
Topic: Withdrawal Plan. McClung or Allocation Bands?
Replies: 47
Views: 3392

Re: Withdrawal Plan. McClung or Allocation Bands?

Jane had a more aggressive AA in 2000 and she still has a more aggressive AA in 2001. Clearly, their desires to take risk are different. Maybe Jane wants to leave a legacy or take expensive vacations. Maybe Bob's parents lived through the depression and taught him extreme frugality. Who knows? Reme...
by Raybo
Tue Oct 15, 2019 9:41 am
Forum: Personal Investments
Topic: Withdrawal Plan. McClung or Allocation Bands?
Replies: 47
Views: 3392

Re: Withdrawal Plan. McClung or Allocation Bands?

Bob has $1M in 2000 allocated at 50/50 and after a year he is at 40/60 but still has $1M. In 2001, Jane has $1M and an AA of 50/50. What was Jane's AA in 2000? That information isn't relevant to the question. Maybe she was still working in 2000. While these 2 people might have the same amount of mo...
by Raybo
Tue Oct 15, 2019 8:14 am
Forum: Personal Investments
Topic: Withdrawal Plan. McClung or Allocation Bands?
Replies: 47
Views: 3392

Re: Withdrawal Plan. McClung or Allocation Bands?

Bob has $1M in 2000 allocated at 50/50 and after a year he is at 40/60 but still has $1M. In 2001, Jane has $1M and an AA of 50/50. What was Jane's AA in 2000? 500K / .8 = $625K in stocks 500K / 1.2 = $416K in bonds. Jane had $1.41M in 2000 and an AA of 60/40. If Jane sets her AA at 50/50 when she r...
by Raybo
Sun Oct 13, 2019 1:26 pm
Forum: Personal Investments
Topic: Extricating Myself From an Advisor and Investment Bank
Replies: 36
Views: 2394

Re: Extricating Myself From an Advisor and Investment Bank

First of all, calculate how much you are paying the advisor each year, how much your family member paid them over his/her life, and how much the 4% you plan to live is. Armed with this information, put it to the advisor that a) they've made enough money off this pile already, and b) you want to live...
by Raybo
Fri Oct 11, 2019 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing an old home 100yrs +
Replies: 33
Views: 2321

Re: Purchasing an old home 100yrs +

I live in a 100+ year old home in San Francisco. The biggest problem we've had is fixing the stupid (non-permitted) things previous owners did. The house sagged due to the idiots cutting through and eliminating beams between the garage and the first floor to create a stairwell. We had to redo the fo...
by Raybo
Tue Oct 08, 2019 4:26 pm
Forum: Investing - Theory, News & General
Topic: Selling recently IPO'ed shares --> tips and advice?
Replies: 14
Views: 918

Re: Selling recently IPO'ed shares --> tips and advice?

Can you buy puts on the stock that expire in 6 months and then deliver the shares when the puts expire? That way, you can lock in a price today without worrying about what the stock price is in the meantime?

Is this allowed?
by Raybo
Fri Oct 04, 2019 8:21 am
Forum: Investing - Theory, News & General
Topic: Plz share what you did to minimize retirement taxes
Replies: 32
Views: 4048

Re: Plz share what you did to minimize retirement taxes

My RMDs start in a few years. As I calculate it, my RMDs will be about what I need to withdraw from my IRAs for living expenses. At the moment, I am withdrawing capital gains from my taxable account to cover my expenses until RMDs, though, I don't think I will make it all the way there. My suggestio...
by Raybo
Sat Sep 28, 2019 8:09 am
Forum: Forum Issues and Administration
Topic: Why don't members include location?
Replies: 25
Views: 1890

Why don't members include location?

I have always wondered why members of this board don't list their location on their profiles? It doesn't have to be a street address. It could be country, or state. I put my city. While this isn't a big deal, it would be nice to know where people are located generally as it might provide some backgr...
by Raybo
Thu Sep 26, 2019 4:33 am
Forum: Investing - Theory, News & General
Topic: What is the highest "safe" withdrawal rate for a 15 year period?
Replies: 44
Views: 3647

Re: What is the highest "safe" withdrawal rate for a 15 year period?

I see no mention of vehicles or housing. Do you rent? Own a car? Replacing a vehicle or a new roof could easily blow a hole in your yearly budget. If you don't own a home, are you calculating in rent increases? What if your place is sold and you have to move? How much increased rent could your budge...
by Raybo
Wed Sep 25, 2019 12:55 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 9691

Re: Merrill Lynch Advisor wants to meet for coffee

It is just a cold call. Tell him you aren’t interested and leave it at that. You won’t be the first one to do so.
by Raybo
Thu Sep 19, 2019 2:27 am
Forum: Personal Consumer Issues
Topic: My bicycle ride from Florence, Italy to Bern, Switzerland [journal added]
Replies: 52
Views: 5033

Re: My bicycle ride from Florence, Italy to Bern, Switzerland [Pictures added]

I've (finally) completed my journal for this trip. Here is the link for anyone interested in seeing hundreds of photos and reading daily details.
by Raybo
Mon Sep 16, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: Seasoned retirees...
Replies: 52
Views: 4743

Re: Seasoned retirees...

Riding a bicycle in faraway places can give me joy.
by Raybo
Sat Sep 14, 2019 1:59 am
Forum: Personal Consumer Issues
Topic: Advice on southern Italy trip November
Replies: 16
Views: 1327

Re: Advice on southern Italy trip November

I rode a bicycle from Sorrento to the Sicily Ferry. If you like the Amalfi Coast, don't miss the coast from Sapri to Maratea. Since you are splitting the drive from Sorrento to Villa San Giovani into 2 days, you might add the drive from Palinuro to Sapri with nice views of the coast as you climb ove...
by Raybo
Thu Sep 12, 2019 2:37 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area budget for $350k family income
Replies: 94
Views: 7598

Re: Bay Area budget for $350k family income

I am always amazed at how much bashing the SF Bay Area gets on this forum. Yes, housing is expensive. Yes, it is a liberal place. But, if one can swing it, it is a great place to live. Aside from housing, food is not expensive, all kinds of cuisines are available from non-pricey restaurants, world-f...
by Raybo
Wed Sep 11, 2019 6:54 am
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (update: photos added)
Replies: 17
Views: 1602

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

Raybo - let us know when you post photos on your website, as they are always a great way to see parts of Europe. I have selected 53 photos of the over 1700 that I took and posted them on my website. They aren't necessarily the best ones, but they are then ones I liked as I looked through them. Expe...
by Raybo
Sat Sep 07, 2019 12:55 am
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (update: photos added)
Replies: 17
Views: 1602

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

Grasshopper wrote:
Fri Sep 06, 2019 10:30 am
Thanks for the travelog as we are hiking the Italian Dolomites next fall, some of our locations are the same.
Where are you going in the Dolomites?
by Raybo
Thu Sep 05, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (update: photos added)
Replies: 17
Views: 1602

Re: A bike tour from Bolzano to Vienna (a 2nd report added)

I’m sitting in an apartment in Vienna. This bike tour is finished and I am still In one piece, though my arrival in Vienna was a bit ignominious. More on that later. I last wrote from Zell am See on a day of rest after somehow getting over the Grossglockner Pass. Zell am See is like a tiny Lake Taho...
by Raybo
Wed Aug 28, 2019 2:42 pm
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (update: photos added)
Replies: 17
Views: 1602

Re: A bike tour from Bolzano to Vienna

The visit to Alfredo and Ancilla’s was a day out of my way. Alfredo had suggested driving me to the top of the Misurina Pass to make up for it. I accepted. It took about an hour to drive from Laggio di Cadore to top of the Pass. I’m glad I didn’t have to ride up it as it had some very steep sections...
by Raybo
Tue Aug 27, 2019 11:42 pm
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (update: photos added)
Replies: 17
Views: 1602

Re: A bike tour from Bolzano to Vienna

Thanks for the informative stories about your bike touring in Europe. You seem to be doing more international touring of late. Any plans to do an extended bike trip in the US? As always I enjoy reading about your travels. A couple reasons: 1) My wife’s mum lives in England and we visit her once or ...
by Raybo
Tue Aug 27, 2019 11:32 pm
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (update: photos added)
Replies: 17
Views: 1602

Re: A bike tour from Bolzano to Vienna

Great report! I plan on cycling the Eurovelo 6 route from Nantes to Budapest in the next few years. Currently I’m working my way through a number of New Zealand’s “great rides” with the 100mi Otago Rail Trail booked for next week. My wife and I rode the Otago Trail. Here is my report on that 3-day ...
by Raybo
Mon Aug 26, 2019 11:29 pm
Forum: Personal Consumer Issues
Topic: A bike tour from Bolzano to Vienna (update: photos added)
Replies: 17
Views: 1602

A bike tour from Bolzano to Vienna (update: photos added)

I’m sitting in the small vacation house of Alfredo and Ancilla at the end of the road in the Dolomite vacation town of Laggio di Cadore. Alfredo and I have been talking once or twice a week for the past year or so using ConversationExchange.com, he’s trying to improve his English and I’m attempting ...
by Raybo
Wed Aug 21, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else enjoy sitting around and doing little in retirement?
Replies: 70
Views: 8511

Re: Anybody else enjoy sitting around and doing little in retirement?

A bicycle can easily absorb 2+ hours a day with easy rides around the neighborhood.
by Raybo
Fri Aug 16, 2019 3:47 am
Forum: Personal Consumer Issues
Topic: Woodstock
Replies: 93
Views: 9302

Re: Woodstock as it happened

How did that 60s things turn out in the end?
by Raybo
Fri Aug 16, 2019 3:41 am
Forum: Investing - Theory, News & General
Topic: 30 year treasury yield drops below 2% for the first time in history
Replies: 41
Views: 5489

Re: 30 year treasury yield drops below 2% for the first time in history

I wonder if currency issues with the yuan has some impact, as well. To drop the value of the yuan, the only option for the Chinese is buying US Debt (flood the market with cheap yuan).
by Raybo
Fri Aug 09, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: "Rent the Back Yard"
Replies: 41
Views: 3039

Re: "Rent the Back Yard"

Forget in-law apartments in the backyard. I want to be able to rent out people's bathrooms as I walk around the city and need to "use the facilities." Where is that app? I'd pay a couple bucks, no problem.
by Raybo
Wed Aug 07, 2019 8:39 am
Forum: Personal Finance (Not Investing)
Topic: FYI, Spanish bank ATMs [Dynamic Currency Conversion]
Replies: 64
Views: 4550

Re: FYI, Spanish bank ATMs

I recently noticed this at ATMs in Italy, France, and Switzerland, as well. My solution was to look for ATMs at post offices, where I didn't experience this at all.
by Raybo
Sun Aug 04, 2019 5:47 pm
Forum: Personal Consumer Issues
Topic: How many Years of Medical History/Records should a Patient Save?
Replies: 60
Views: 3180

Re: How many Years of Medical History/Records should a Patient Save?

I've been with Kaiser in the SF bay area for over 30 years. In that time, they've used more than one computer system and most of my older records are on paper. About 10 years ago, I went to see a cardiologist and I mentioned that I had EKG recordings going back decades that she might find useful. Wh...
by Raybo
Fri Aug 02, 2019 6:45 pm
Forum: Personal Consumer Issues
Topic: "Earth First" Brand Toilet Paper @ Costco
Replies: 24
Views: 1867

Re: "Earth First" Brand Toilet Paper @ Costco

If the forest has been clear cut and then replanted, then there isn't much "forest" to save. While I am all in favor of using post-consumer recycled paper (and will be switching my toilet paper), assuming that doing so will save "the forest" is probably a bit of wishful thinking.
by Raybo
Fri Aug 02, 2019 6:36 pm
Forum: Personal Consumer Issues
Topic: Travel German alpine and Swiss Alp. Please review
Replies: 22
Views: 1533

Re: Travel German alpine and Swiss Alp. Please review

I'm sure you know this, but the road over the Grossglockner (not Glosslockner) is a toll road and the toll isn't cheap.

Not far from the Grossglockner Pass are the Dolomites. They are some very pretty mountains.
by Raybo
Fri Jul 12, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap vs Advantage: Which did you select?
Replies: 199
Views: 10606

Re: Medigap vs Advantage: Which did you select?

I have done both. I live in San Francisco where Kaiser is a major medical provider. I was a member of Kaiser for decades. In 2016, I chose Kaiser Medicare Advantage with roughly the same co-pays but $90/month (plus $134 in Medicare fees) instead of close to $800/month. Nothing changed for me when I ...
by Raybo
Wed Jul 10, 2019 9:06 am
Forum: Personal Investments
Topic: New guy in need of opinion
Replies: 15
Views: 1627

Re: New guy in need of opinion

While I never made the kind of money you do, I did find myself in a similar situation. I had made all my tax deferred contributions and still had extra money left over and wanted to lower my taxes. Pretty much the only thing left was whole life. I bought a policy on the idea that I could use it to d...
by Raybo
Wed Jul 10, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: Volunteer suggestions
Replies: 55
Views: 3254

Re: Volunteer suggestions

I was a professional speaker. When I retired, I discovered that National Parks (and probably State Parks, as well) need docents. Docents are volunteers trained to give informative talks to people visiting the park. I am lucky as I live in San Francisco and the National Park I volunteer at is Alcatra...
by Raybo
Tue Jul 09, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Tax deductions for someone elses's health care
Replies: 4
Views: 394

Tax deductions for someone elses's health care

I have a cousin who needs help paying a bill for a skilled nursing facility. If I pay the bill directly to the facility, can I deduct the amount on my schedule A?
by Raybo
Wed Jul 03, 2019 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Hire a driver?
Replies: 63
Views: 3823

Re: Hire a driver?

Isn't this what money is for? How would $10K less a year (after taxes) impact a) your lifestyle and b) your retirement savings? If this wouldn't delay your retirement or meaningfully impact your lifestyle, then try it and see if you like it. Were it me, I'd probably try the drive to see how bad it i...
by Raybo
Thu Jun 27, 2019 10:08 am
Forum: Personal Consumer Issues
Topic: Package delivery man damaged door
Replies: 55
Views: 4216

Re: Package delivery man damaged door

linenfort wrote:
Thu Jun 27, 2019 10:01 am
Probably on drugs.
Blood pressure medicine? Statins? Anti-depressants?
by Raybo
Tue Jun 25, 2019 10:08 am
Forum: Personal Investments
Topic: Why does AA matter as long as I stick to it?
Replies: 26
Views: 2800

Re: Why does AA matter as long as I stick to it?

To me, "sticking to it" means selling bonds and buying stocks when the market is crumbling to maintain your AA. This is not easy. I was able to do it in 2008-9 until the market bottom, which is when I realized my AA was a tad too aggressive at 60/40 and let it ride until it was at 50/50. I have left...
by Raybo
Sun Jun 23, 2019 12:06 am
Forum: Personal Finance (Not Investing)
Topic: One Medical as Primary Care Provider
Replies: 14
Views: 1346

Re: One Medical as Primary Care Provider

I was a Kaiser patient for several decades. Kaiser raised rates and changed their co-payment and maximums significantly in my second year of Medicare. So, I decided to try regular Medicare and see if I liked it any better. One Medical was the option I chose for a PCP and I paid the $199. I got a CD ...
by Raybo
Sat Jun 22, 2019 4:56 pm
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4673

Re: Rebalancing to Oblivion

Why do you have the AA that you have? The purpose of a AA is to insure that you have the money you need to fund your retirement. You say that your pensions and SS will fund your everyday retirement expenses and that your investments are for additional things like long term care, travel, and children...
by Raybo
Sat Jun 22, 2019 4:48 pm
Forum: Personal Consumer Issues
Topic: Do you Casino? What do you play? Have you won?
Replies: 82
Views: 5639

Re: Do you Casino? What do you play? Have you won?

My parents liked to gamble and I spent many a summer week at the pools of one Vegas hotel or another. My father liked craps the most and I learned from his strategies. I also spent a good deal of time with my Dad at various Southern California horse racing tracks, where we would talk about all manne...
by Raybo
Sat Jun 15, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Partnership advice for new business?
Replies: 9
Views: 634

Re: Partnership advice for new business?

I once had a business that depended on another person to keep his business going. We weren't partners, exactly, but I had bought a piece of his business that I operated separately (route sales). Things went well until the other guy decided to stop paying his invoices to our shared wholesaler who cut...
by Raybo
Sat Jun 15, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 50265

Re: Selling home- Demanding Buyer (Repairs)

In late 2003, not quite at the height of the RE frenzy but getting there, I sold a nice house in Santa Cruz, CA. It was definitely a seller's market and prices were on the way up so there was a bit of pressure on buyers to make a good first bid. I got about half a dozen and settled on one $25K above...
by Raybo
Fri Jun 14, 2019 6:08 pm
Forum: Personal Consumer Issues
Topic: My bicycle ride from Florence, Italy to Bern, Switzerland [journal added]
Replies: 52
Views: 5033

Re: Selected Photos

I recognized a number of towns that are often part of the Tour de France. It must have been thrilling to ride over some of the same roads that the professional cyclist race on. Always enjoy your travel logs. On my way down from Montgenevre, the second pass I'd climbed that day, I passed a group of ...
by Raybo
Fri Jun 14, 2019 7:56 am
Forum: Personal Consumer Issues
Topic: My bicycle ride from Florence, Italy to Bern, Switzerland [journal added]
Replies: 52
Views: 5033

Selected Photos

flyingaway wrote:
Tue May 28, 2019 3:53 pm
Would love to see some pictures.
I took nearly 2000 photos. I've selected 56 pictures to give an idea of the trip.
by Raybo
Wed Jun 12, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: My bicycle ride from Florence, Italy to Bern, Switzerland [journal added]
Replies: 52
Views: 5033

Re: My bicycle ride from Florence, Italy to Bern, Switzerland

Do you find these hosts on bike-specific forums, or is it just the case that people who support couchsurfing are more lilely to be avid cyclists, or maybe it’s just everyone in Europe likes to bike? There is a website for touring bicyclists to find hosts of other touring bicyclists. It is http://ww...
by Raybo
Tue Jun 11, 2019 8:32 pm
Forum: Personal Investments
Topic: Monte Carlo Simulation
Replies: 47
Views: 4451

Re: Monte Carlo Simulation

I have written several financial MCS programs. The main problem that I have seen is how to model future stock, bond, and inflation. What distributions to use? Past returns? Normal Distribution? Some customized random values? Using the wrong distribution just generates wrong estimates. Also, what tim...