Search found 1614 matches

by Raybo
Tue Aug 14, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 44
Views: 2834

Re: As an American, where are some great places in the world to retire?

On a recent bicycle trip, I spent a few days in Italy’s eastern Dolomites near Pieve de Cadore. Beautiful mountains, fresh air, lots of local and tourist services, fabulous bike riding, hiking, skiing, Euros, wonderful food, and friendly people. I put it on my list of places to spend an extended per...
by Raybo
Mon Aug 13, 2018 12:14 pm
Forum: Personal Consumer Issues
Topic: Should I Do This? [borrow from relative to pay off loan]
Replies: 55
Views: 2734

Re: Should I Do This? [borrow from relative to pay off loan]

redbeard25 wrote:
Mon Aug 13, 2018 11:04 am
I would simply pay him the same I would any other loan/credit...the day I get paid.
What happens if you lose your job?
by Raybo
Thu Aug 09, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Detailed journal of my bicycle ride through the Balkans
Replies: 4
Views: 597

Re: Detailed journal of my bicycle ride through the Balkans

Beautiful job, Raybo! Congratulations on a wonderful journey. 8-) Thanks, jazztonight. After describing some of the sights I had on this trip, I was asked by several people if it was the best ride I every had. I've now done close to 30 bicycle tours in North America, Europe, and New Zealand. Obviou...
by Raybo
Thu Aug 09, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: Arbitrage on collecting dividend
Replies: 29
Views: 1578

Re: Arbitrage on collecting dividend

I once tried a similar strategy except it was based on secondary offerings. I would buy shares in a company on the the secondary offering. Since company shares are diluted by the secondary offering, there would be an immediate drop in the price on the day of the offering. The idea was to try and cat...
by Raybo
Thu Aug 09, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Do Airlines measure checked baggages?
Replies: 33
Views: 2009

Re: Do Airlines measure checked baggages?

I was in Heathrow flying with a bike in a box. The box was too heavy by a pound. Since the flight wasn't full, I was told I could also check my carry-on for free. I foolishly moved some metal tools, not allowed in carry-on, to my other bag as a result. But, the machine (no longer any humans) wouldn'...
by Raybo
Thu Aug 09, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8792

Re: Biggest Threats to Financial Well-Being

An addiction to anything.
by Raybo
Tue Aug 07, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Detailed journal of my bicycle ride through the Balkans
Replies: 4
Views: 597

Detailed journal of my bicycle ride through the Balkans

In late April and May, 2018, I spent a month riding my bicycle through Croatia, Slovenia, and Northeastern Italy. It was a fabulous trip with much wonderful scenery. I met some memorable people and took thousands of photos. I completed my detailed journal of the trip. It has an entry for each of the...
by Raybo
Mon Aug 06, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: Getting the stink out of synthetic shirts
Replies: 37
Views: 2448

Re: Getting the stink out of synthetic shirts

I used to wear synthetic bike jerseys and had the same problem, especially on long bike tours. I solved the problem by switching to wool jerseys. They are pricey, but can be used several times before needing washing and rarely, if ever, smell. I bike for a month and only take 2 wool jerseys for the ...
by Raybo
Sun Aug 05, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 6585

Re: Best way to lose $200 in taxable income?

Do you live in a state with income tax? Are your deductions over $24,000? If yes to both, you can overpay your state income taxes for this year and increase your refund next year.
by Raybo
Sun Aug 05, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Yogi said it. It must be true.
Replies: 18
Views: 2161

Re: Yogi said it. It must be true.

Hockey10 wrote:
Sat Aug 04, 2018 3:57 pm
- when you come to the fork in the road, take it
In a biography of Yogi Berra, it said that the above quote related to directions to Yogi’s house that was on a circular street so that whichever way you turned at the fork, you’d get to his house.
by Raybo
Sat Aug 04, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: UK vacation help
Replies: 15
Views: 674

Re: UK vacation help

Scotland is a large country. Ireland is much smaller. With only 7 days, I’d go with Ireland. I suspect the airline connections are better to Dublin, as well. I liked Dublin and would suggest a day spent there. Galway, on the west coast, was a good base for exploring. I rented a car and drive to seve...
by Raybo
Sun Jul 29, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: When is it time?
Replies: 8
Views: 815

Re: When is it time?

My father died when he was 57. I watched it happen. He worked until he no longer could. I didn't want to spend any more time working than I absolutely had to. For this and other reasons, I pulled the plug when I was 48. I wasn't quite ready financially, but the run-up in housing prices in the early ...
by Raybo
Sun Jul 29, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: 8 days in Poland - suggestions?
Replies: 15
Views: 1157

Re: 8 days in Poland - suggestions?

I know you are asking about Poland, but I see that you will be very close to Berchtestgaden. It is worth a day, especially if it is sunny and clear. Thank you for the tip. I have two days in Salzburg after my hike. So I can do that while I am in Austria. Anything specific you recommend there? I fou...
by Raybo
Sat Jul 28, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: 8 days in Poland - suggestions?
Replies: 15
Views: 1157

Re: 8 days in Poland - suggestions?

I know you are asking about Poland, but I see that you will be very close to Berchtestgaden. It is worth a day, especially if it is sunny and clear.
by Raybo
Fri Jul 27, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9253

Re: Tips for staying active / injury-free into older age

livesoft wrote:
Fri Jul 27, 2018 3:16 pm
Raybo wrote:
Fri Jul 27, 2018 10:56 am
As I have aged (I'm now 66), ....
I have met Raybo and spent a delightful afternoon/evening with him. He looks only about 40 years old, so whatever he's doing is like a Fountain of Youth!
Livesoft, thank you for the exaggeration!

I’m blushing!
by Raybo
Fri Jul 27, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9253

Re: Tips for staying active / injury-free into older age

As I have aged (I'm now 66), the hard physical activities that I can do comfortably have been reduced to bicycling and walking. I can no longer run or play tennis without pain. I try to walk everywhere that doesn't require me to return with heavy bundles. Once a week, I aim for a 6-7 mile walk. Most...
by Raybo
Fri Jul 27, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Help With Beneficiaries: Single, No Children, Two Siblings
Replies: 12
Views: 1247

Re: Help With Beneficiaries: Single, No Children, Two Siblings

If all your account have beneficiaries then all that is left is your personal property, cars, clothes, furniture, etc. Assuming there isn't anything of real value (expensive car, valuable collections), then it seems you could simply tell one or both of them to sell or donate your property when you p...
by Raybo
Wed Jul 25, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: A 3-year glide from 60-40 to 40-60?
Replies: 5
Views: 522

Re: A 3-year glide from 60-40 to 40-60?

My path from 60/40 to 40/60 happened in a couple of months during 2008-9. At first, I was able to sell bonds and buy stocks as they plunged. But, after many months of watching my investments vaporize just after I moved money into them, I decided I had reached my limit and stopped. This was at the bo...
by Raybo
Wed Jul 18, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: Europe travel Qs [Questions]
Replies: 63
Views: 3507

Re: Europe travel Qs

I, too, use the Schwab debit card for getting currency in Europe. I haven't ever had it refused at an ATM and always find an ATM in the airport for getting as soon as I land. I try very hard NOT to use US credit cards in Europe. The issuers almost always impose a fee just for using your CC in Europe...
by Raybo
Tue Jul 17, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: Croatia/Slovenia/Montenegro - 8 days
Replies: 7
Views: 653

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: 61
Views: 2883

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: 1649

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: 13518

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: 8792

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: 3251

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: 1394

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: 1394

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: 1427

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: 1427

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: 1427

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: 1066

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: 1427

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: 1427

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: 2407

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: 345
Views: 33711

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: 12455

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: 1151

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: 2012

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: 1398

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: 1398

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: 2040

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: 2230

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: 2230

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: 2230

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: 2230

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: 2230

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: 2428

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: 925

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: 465

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.