Search found 1594 matches

by Raybo
Tue Jul 17, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: Croatia/Slovenia/Montenegro - 8 days
Replies: 6
Views: 397

Re: Croatia/Slovenia/Montenegro - 8 days

You are visiting several big cities (Zagreb, Ljubljana, Dubrovnik). Do you have a particular interest in big cities? What things to do you like to do/see? Landing in Zagreb and then taking a train to Ljubljana and then the train back to Zagreb seems like a lot of time on the train retracing your ste...
by Raybo
Mon Jul 16, 2018 6:20 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 55
Views: 2094

Re: Would you pay $120 for a 5 year dishwasher warranty?

I don't usually buy extended warranties (they extend from the manufacture's warranty, so a 5-year warranty is just adding a couple years onto the existing one by the manufacturer). But, the last time I bought major appliances, a washer and a dryer, the on-line comments made it clear that either the ...
by Raybo
Thu Jul 12, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Shifting from Intermediate to Short-term Bonds
Replies: 11
Views: 1577

Re: Shifting from Intermediate to Short-term Bonds

Losses on bonds are a near-term phenomena. That is, when interest rates rise, there is an immediate fall in a bond's value and a fund's NAV. But, the next day, the bond fund gets more money in, either via interest payments or new investment, and it buys more bonds in the marketplace at the new price...
by Raybo
Sat Jun 30, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12763

What are your property taxes?

In this thread on tax unfriendly states, https://www.bogleheads.org/forum/viewtopic.php?f=10&t=252761, there is lots of talk of high property taxes in California. In California, the property tax is limited to 1% of the purchase price of the home, with a 2% escalation each year. In other states, the ...
by Raybo
Fri Jun 29, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8598

Re: Using the Total Bond Fund in a rising rate environment

While it is true that rising interest rates lowers TBM's price, it also increases the interest rates of the newly purchased bonds. Thus, while the nav slowly goes down, the fund's interest rate slowly rises as it purchases new bonds. If you plan to hold TBM for a whle anyway (defined as the fund's d...
by Raybo
Thu Jun 28, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: States that are investments/tax unfriendly?
Replies: 27
Views: 3188

Re: States that are investments/tax unfriendly?

I live in California. Capital gains are taxed as ordinary income. Social Security is not taxed at all. My wife is getting social security while I am waiting until I am 70. So her income is state tax free and our capital gains are managed to get to 0 or very low state taxes. Of course, the Feds are j...
by Raybo
Tue Jun 26, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Thinking about 2019 trip to Dubrovnik, Croatia
Replies: 19
Views: 1365

Re: Thinking about 2019 trip to Dubrovnik, Croatia

Agree that Plitvice is amazing but it is a bit of a drive. I think given the limited time, Krk offers a nice alternative. It is an even longer bicycle ride! While it is a bit of a drive to go inland to Plitvice, it is also up into the mountains and gives a visitor a chance to see a different part o...
by Raybo
Tue Jun 26, 2018 8:36 am
Forum: Personal Consumer Issues
Topic: Thinking about 2019 trip to Dubrovnik, Croatia
Replies: 19
Views: 1365

Re: Thinking about 2019 trip to Dubrovnik, Croatia

Plitvice National Park is absolutely stunning. If you plan to go north of Dubrovnik, say up to Cres and/or Krk Islands, plan to drive inland and spend a day at Plitvice. You would likely have to get a reservation a bit in advance.
by Raybo
Sun Jun 24, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolios 20% failure rate?
Replies: 19
Views: 1393

Re: Liability Matching Portfolios 20% failure rate?

Should we be surprised that someone with a portfolio of $500k at 70, who needs $21.7k/year (4.34%) may run out of funds in 30 years? Firecalc estimates just below a 92% success rate at 28 years, when Fred is 98. Of course, this is assuming a known amount of expenses. Does Fred want to risk being in ...
by Raybo
Sun Jun 24, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolios 20% failure rate?
Replies: 19
Views: 1393

Re: Liability Matching Portfolios 20% failure rate?

TIPS might be a better way to go, which is the entire point of the LMP strategy. No, it isn't. In the Wall Street Journal article Bernstein tells people to create a LMP strategy out of municipal & corporate bonds: A more prudent course of action might be to hold standard Treasury securities and hig...
by Raybo
Sun Jun 24, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolios 20% failure rate?
Replies: 19
Views: 1393

Re: Liability Matching Portfolios 20% failure rate?

If the goal of retirement savings is to insure that the retiree doesn’t run out of money If that were my goal - and it will be, when I retire - then using SPIAs is the way to go. Isn’t that what an LMP is? So, the question, then, would be which is cheaper and less risky? Getting SPIAs that are infl...
by Raybo
Sun Jun 24, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Low Bond Duration
Replies: 11
Views: 1025

Re: Low Bond Duration

JoMoney wrote:
Sun Jun 24, 2018 2:39 pm
I agree with Bob. I have agreed with Bob on this for the past 10 years, and that was a bad position to be in as interest rates continued to fall and did not rapidly rise. The past year or so it's been a position easier to defend.
I wonder if Bob happened to mention that on the show?
by Raybo
Sun Jun 24, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolios 20% failure rate?
Replies: 19
Views: 1393

Re: Liability Matching Portfolios 20% failure rate?

If you've "won the game", so to speak, why would you tie up assets in low-return investments designed to diminish a risk you don't face? If the goal of retirement savings is to insure that the retiree doesn’t run out of money, then why would said retiree care what kind of return was earned on inves...
by Raybo
Sun Jun 24, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolios 20% failure rate?
Replies: 19
Views: 1393

Re: Liability Matching Portfolios 20% failure rate?

To me, the article seems to be condemning the idea that someone can predict their future expenses with any accuracy. This seems indisputable. As I recall, Dr. Bernstein’s LMP idea is for those who have “won the game.” While “won the game” is not rigorously defined, to me it means having amassed enou...
by Raybo
Fri Jun 22, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: What do we mean when we say "HCOL vs LCOL" location?
Replies: 34
Views: 2355

Re: What do we mean when we say "HCOL vs LCOL" location?

We often use these terms on the board but I'm wondering if there is a rule of thumb...? For example, some places are obviously very HCOL: New York City (high state and local tax, high real estate pricing), and SF is similar/worse. Just for the record, California doesn’t tax social security and ther...
by Raybo
Thu Jun 21, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 343
Views: 31681

Re: What is/ was your career and would you recommend it now?

Professional Speaker teaching employees how to use Unix, C, Java, Perl, Javascript, etc. This job is no longer available due to general increase in IT knowledge in the world. The kink in the curve was the dot.com bust in 2000. It was a great way to make a living. I was my own boss, got to use all my...
by Raybo
Tue Jun 19, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 12165

Re: Retire at 50: Should I?

I retired at 48 with not enough money. I was able to fix that by a) selling my house and moving in with, my now, wife. b) taking "advantage" of the 2008 plunge to profitably double down on stocks. But, money aside, how are you going to fill your time? You say nothing about what you are retiring to. ...
by Raybo
Sun Jun 17, 2018 7:39 pm
Forum: Personal Consumer Issues
Topic: Using deceased mother’s jewelry to create new wedding ring
Replies: 9
Views: 1127

Re: Using deceased mother’s jewelry to create new wedding ring

I had my father's ring made into a keychain fob. I got some credit for the gold I didn't use (I chose a base of silver) but I, too, was surprised at how much the fabrication cost. That said, it was well worth it to me and I got exactly what I wanted. It brings me a bit of joy (especially on this Fat...
by Raybo
Sun Jun 17, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Italy Trip Questions
Replies: 33
Views: 1977

Re: Italy Trip Questions

Let me start with your second question. I have family in London and often fly there first before continuing onto another stop on the Continent. As you have discovered, the flights from London to major European cities are often very cheap. Here are some things to consider: You are likely to have to c...
by Raybo
Wed Jun 13, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Confused about 2018 capital gains tax rules
Replies: 11
Views: 1362

Re: Confused about 2018 capital gains tax rules

........................................... 1)From what I have read, it appears that long-term capital gains in 2018 are treated, more or less, as capital gains in 2017. 2) That is, the gains will be taxed based on my income level excluding the gains. 3)Thus, if my income minus dedications is less ...
by Raybo
Wed Jun 13, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Confused about 2018 capital gains tax rules
Replies: 11
Views: 1362

Confused about 2018 capital gains tax rules

I just spent about 30 minutes reading posts and articles about the 2018 capital gains rules. Since I am harvesting investments with gains for retirement expenses, I am trying to plan the sales I'll have to make to fund 2019 and their effect on my Federal income taxes, which I try to keep at 0. From ...
by Raybo
Tue Jun 12, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: Low inflation caused by e-commerce?
Replies: 15
Views: 1943

Low inflation caused by e-commerce?

This article at the NY Times posits that the reason for persistent low inflation is e-commerce. While it is easy to think "it is different this time," the internet and e-commerce might be a one-time event that has changed the impact of inflation going forward. The article points out that much of wha...
by Raybo
Sat Jun 09, 2018 2:26 pm
Forum: Personal Consumer Issues
Topic: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites
Replies: 17
Views: 2134

Re: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites

Very nice! Other than the Northern Classics, il Giro is my favorite bike race. Glad to read that you got to spend time near some of the stages (sounds like the one where Yates attacked from the penultimate climb)? I didn't even know the Giro was happening, which is why I was caught unawares in its ...
by Raybo
Sat Jun 09, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites
Replies: 17
Views: 2134

Re: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites

Great photos! I'm guessing they still can't do the scenery justice. Looks like a fun trip. What sort of daily miles did you average? Daily elevation? I aim for 50 miles/day. Hard climbing usually moderates distance, though a long descent often makes up for a slow ascent. On this ride, I rarely did ...
by Raybo
Sat Jun 09, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites
Replies: 17
Views: 2134

Re: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites

How were you able to take 2300 gorgeous photos while riding on the bike? The 65 photos posted makes it very hard to imagine that you had so many great vista points during your ride. It looks like you spent considerable amount of time, effort and walking/climbing to find perfect camera locations to ...
by Raybo
Fri Jun 08, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites
Replies: 17
Views: 2134

Re: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites

Great pictures Raybo! I hope you did not ride your bike in Venice. :wink: Yes and no. While I didn't ride my bike in Venice proper, I did fly into Venice Airport, which is on the mainland. I spent the night within walking distance of the airport and the next day rode my bike to the Mestre-Venice tr...
by Raybo
Wed Jun 06, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites
Replies: 17
Views: 2134

Selected photos of my 4 week ride through the Balkans and the Eastern Dolomites

In April and May, 2018, I spent 4 weeks riding from Venice to Croatia, Slovenia and the Eastern Dolomites. I took over 2300 pictures and I have culled them down to 65 representative photos and placed them on my website. Due to forum rules, I can't link to the photos, but nothing in the rules says yo...
by Raybo
Wed Jun 06, 2018 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Safe Withdrawal Rate considering Social Security
Replies: 21
Views: 2402

Re: Safe Withdrawal Rate considering Social Security

I have estimated my yearly expenses and subtracted my social security payment from it to come up with my new, post social security expense amount and then used that to calculate my withdrawal rate.

Does that answer your question or is it more complicated than that?
by Raybo
Tue Jun 05, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Driving through Venice - Stay in Venice or Mestre??
Replies: 9
Views: 907

Re: Driving through Venice - Stay in Venice or Mestre??

I just returned from a trip to Europe that included 4 days in Venice. The bus that goes to Venice cost 1.5 Euros per person. It drops you off close to the train station. It costs 8 Euros to go from the Airport to the bus station in Venice. The bus we took ran every 15 minutes and from Mestre it woul...
by Raybo
Fri Jun 01, 2018 1:11 am
Forum: Personal Consumer Issues
Topic: Travel Journaling App/Website recommendations?
Replies: 5
Views: 451

Re: Travel Journaling App/Website recommendations?

I realize this won’t help you, but I wrote my own. You wrote your own app? or a website? That thought has crossed my mind. I wrote my own website. You can view it by clicking on the contact icon to the right and then the globe. It is all about bicycle touring, which is how I like to travel.
by Raybo
Thu May 31, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Travel Journaling App/Website recommendations?
Replies: 5
Views: 451

Re: Travel Journaling App/Website recommendations?

I realize this won’t help you, but I wrote my own.
by Raybo
Sat May 26, 2018 3:33 am
Forum: Investing - Theory, News & General
Topic: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?
Replies: 54
Views: 4565

Re: The "4% withdrawl rate" - would it apply to someone "retiring" in their 70s?

How much are this person’s monthly expenses? Are we talking meeting minimal life expenses or splurging with the extra $1,000/month? If due to overspending early on are there places to cutback if necessary in later years? The less you spend, the longer the nest egg will last. But, at mid-70s, no reas...
by Raybo
Thu May 24, 2018 3:17 am
Forum: Personal Consumer Issues
Topic: Riding from the mountains of Slovenia to the mountains of Italy
Replies: 15
Views: 1601

Re: Riding from the mountains of Slovenia to the mountains of Italy

Great write-up / story and memories! Thanks for sharing. Also thanks to the Giro to make you pause in the middle and give you time to write this up and post it here. :) Does your wife ever meet you anywhere during such travels? I am trying to do some solo "adventure" trips that my wife would not wa...
by Raybo
Thu May 24, 2018 2:52 am
Forum: Personal Consumer Issues
Topic: Riding from the mountains of Slovenia to the mountains of Italy
Replies: 15
Views: 1601

Re: Riding from the mountains of Slovenia to the mountains of Italy

White Coat Investor wrote:
Tue May 22, 2018 12:35 am
Did you go see the Zoncolan?
I didn’t. The Giro stage that started on Saturday (day before one in Tolmezzo) ended there. I went west, instead.
by Raybo
Mon May 21, 2018 11:40 pm
Forum: Personal Consumer Issues
Topic: Riding from the mountains of Slovenia to the mountains of Italy
Replies: 15
Views: 1601

Re: Riding from the mountains of Slovenia to the mountains of Italy

One day, Ray. One day, I’ll join you. A question: any regrets about your Bike Friday compared to a normal-sized touring bike with 700c (or 650) knobby tires? Something lightweight but able to handle gravel, dirt, tarmac and your gear? This is my second month long tour on the Bike Friday. I find It ...
by Raybo
Mon May 21, 2018 11:32 pm
Forum: Personal Consumer Issues
Topic: Riding from the mountains of Slovenia to the mountains of Italy
Replies: 15
Views: 1601

Re: Riding from the mountains of Slovenia to the mountains of Italy

wenzee wrote:
Mon May 21, 2018 12:54 pm
How can we view pictures of this lovely trip?

Best,

Wenzee
Middle of June.
by Raybo
Mon May 21, 2018 11:01 am
Forum: Personal Consumer Issues
Topic: Riding from the mountains of Slovenia to the mountains of Italy
Replies: 15
Views: 1601

Re: Riding from the mountains of Slovenia to the mountains of Italy

That area is so pretty this time of year. Deserted too as its between seasons. It rained a bit everyday. There was some sun, but mostly clouds. Rarely got a view of peaks clear of clouds. More than one local said early September was the best time to visit. It is deserted, unless the Giro d’Italia i...
by Raybo
Mon May 21, 2018 12:01 am
Forum: Personal Consumer Issues
Topic: Riding from the mountains of Slovenia to the mountains of Italy
Replies: 15
Views: 1601

Riding from the mountains of Slovenia to the mountains of Italy

I’m sitting in a fabulous house in the Dolomite town of Venas di Cadore, about 15 miles south of Cortina in Northern Italy. There are stunning, bare rock peaks in every direction, though often obscured by clouds. I’ll end this tour in Venice on Tuesday. I last wrote from Lake Bled in Slovenia. From ...
by Raybo
Fri May 04, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Second week of biking in the Balkans
Replies: 6
Views: 1054

Second week of biking in the Balkans

I’m sitting in a very nice studio apartment in Mukinje, a village of apartment blocks and a grocery store right next to Plitvice National Park, both a UNESCO World heritage site and where the first fatality of the Serbian Croatian war of the 1990s occurred. It has been raining. When I last wrote, I ...
by Raybo
Mon Apr 30, 2018 11:28 pm
Forum: Personal Consumer Issues
Topic: Cellphone use in Europe now inexpensive
Replies: 23
Views: 2660

Re: Cellphone use in Europe now inexpensive

dsmclone wrote:
Mon Apr 30, 2018 12:57 pm
I could care less about making calls. How is the data coverage? Who did you use?
I am using O2. I have their Clasic Pay As You Go plan. I have had decent coverage everywhere I’ve been so far.

Although, there is always a lag time when the phone won’t work when I cross a border.
by Raybo
Mon Apr 30, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: Cellphone use in Europe now inexpensive
Replies: 23
Views: 2660

Cellphone use in Europe now inexpensive

I ‘m currently traveling in Europe (Italy, Croatia, Slovenia). I have an unlocked iPhone. New cellphone rules in the EU now mimic the way cellphones work in the US. That is , calling from one country to another or using a cellphone in a different country then where the SIMcard was purchased is now d...
by Raybo
Sun Apr 29, 2018 11:24 pm
Forum: Personal Consumer Issues
Topic: My first week of cycling in Slovenia and Croatia
Replies: 16
Views: 2759

Re: My first week of cycling in Slovenia and Croatia

wilked wrote:
Sun Apr 29, 2018 6:22 pm
Which bicycle are you using?
In Europe, I use my Bike Friday folding touring bike with two rear panniers. It rides like a “real” diamond bike but is much smaller. In fact, it looks a bit like a clown bike.
by Raybo
Sun Apr 29, 2018 11:22 pm
Forum: Personal Consumer Issues
Topic: My first week of cycling in Slovenia and Croatia
Replies: 16
Views: 2759

Re: My first week of cycling in Slovenia and Croatia

Sounds great. What temperatures are there this time of year? Are you airbnb-ing? It is spring like temperatures. Sunny, cloudless skies, so far. But, rain is coming in a few day. I tried to get hosted for free (couchsurfing, warmshowers), but nothing available in this part of Croatia. So, I’ve been...
by Raybo
Sun Apr 29, 2018 12:22 am
Forum: Personal Consumer Issues
Topic: My first week of cycling in Slovenia and Croatia
Replies: 16
Views: 2759

My first week of cycling in Slovenia and Croatia

I’m sitting in a nice studio apartment with an outdoor kitchen in the tourist destination of Rovinj on the southwest coast of Istria, Croatia. It has been a strenuous “rest” day of long walks, sea views, and old town charm. It has been 8 days since Julia and I flew out of San Francisco. After a very...
by Raybo
Mon Apr 09, 2018 11:01 pm
Forum: Personal Consumer Issues
Topic: Travel to Costa Rica
Replies: 19
Views: 1974

Re: Travel to Costa Rica

My favorite place was Bosque del Cabo —Private Resort in the Southwest near Puerto Jimenez.
by Raybo
Fri Mar 30, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Venice Suggestions
Replies: 14
Views: 1031

Re: Venice Suggestions

Thanks for all the good suggestions. I have been to both Padua (Giotto's frescos) and Vicenza. Some of the other suggested places might get on the list, though. (not sure if you will have your bike with you, Raybo, but that could complicate things, I would think). Venice is where my bike tour (start...
by Raybo
Thu Mar 29, 2018 8:56 am
Forum: Personal Consumer Issues
Topic: Venice Suggestions
Replies: 14
Views: 1031

Venice Suggestions

My wife and I are going to Venice soon. I have been there twice before and am looking for things to see and do beyond the obvious. I have been to St. Marks Cathedral (and will go again), the Doge's Palace (twice), Murano (and will go again), The Scuola of San Rocco (and will go again), the Guggenhei...
by Raybo
Sun Mar 18, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Cabot Trail, Nova Scotia (Cheticamp, Ingonish, Cape Breton)
Replies: 12
Views: 1090

Re: Cabot Trail, Nova Scotia (Cheticamp, Ingonish, Cape Breton)

The Cabot Trail is often a bike touring destination. I am aware that you aren’t biking. But, the information below might be of interest to you. Here is a link to a description of the bike trail and other information: http://www.cyclenovascotia.ca/routes/cabot-trail/ Here is a discussion about biking...
by Raybo
Thu Mar 15, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 5496

Re: Bicycle Commuting in LA - Thoughts?

Please re-read what I actually wrote instead of inventing straw men, intentionally or not. A lot of the general hostility is appropriate and absolutely justified because it is directed at the bad actors. The general hostility that is directed at cyclists who obey the law and are respectful of pedes...
by Raybo
Fri Mar 09, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Freezing credit reports and opening CDs
Replies: 22
Views: 1971

Re: Freezing credit reports and opening CDs

dm200 wrote:
Fri Mar 09, 2018 5:50 pm
mbres60 wrote:
Fri Mar 09, 2018 5:34 pm
I may be naive but why would opening a CD require a credit check?
I don't fully understand this either?
One of the requirement since 9/11. The Patriot Act?

I have had this problem repeatedly and finally stopped using CDs altogether. Every new bank requires a credit check to open an account.