Search found 1688 matches

by Raybo
Fri Jan 18, 2019 4:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Francisco Mid Peninsula, California Chapter Interest?
Replies: 30
Views: 3875

Re: San Francisco Mid Peninsula, California Chapter Interest?

About 10 of us met. We decided to keep meeting in Millbrae on the third Thursday of each month. But, probably in another location next time.

We had a brief talk about buying CDs from banks and in the secondary market. Questions were asked and other topics discussed.

Everyone decided to do it again.
by Raybo
Thu Jan 17, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Audio book options
Replies: 28
Views: 1021

Re: Audio book options

Check out your local library.

My local library (San Francisco) has thousands of downloadable and CD-based audio books for free. Some libraries allow you to become a member without living in the area. For the San Francisco public library you only have to live in California.
by Raybo
Tue Jan 15, 2019 3:43 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 89
Views: 3613

Re: Any good reason to get a smartwatch?

I have no interest in owning an iWatch. But, a nephew's school was having a raffle and I bought a ticket to support him. I won! The prize is an Apple Watch. I haven't gotten it yet, but I have started asking people with such watches what they do with theirs. For the most part, they use them the same...
by Raybo
Sun Jan 13, 2019 10:00 am
Forum: Personal Consumer Issues
Topic: 15 full days in Costa Rica
Replies: 25
Views: 1832

Re: 15 full days in Costa Rica

15 years ago I spent my honeymoon in Costa Rica. The place I liked the best was Bosque del Cabo in the southern part of the country. We flew from San Jose down to Puerto Jimemez. It is a private reserve with a pool, fabulous cabanas, full board, and monkeys. We took a river raft down the Pacuare Riv...
by Raybo
Fri Jan 11, 2019 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) Question
Replies: 7
Views: 573

Re: Tax Loss Harvest (TLH) Question

I have a similar problem in that I've done some tax-loss harvesting in TSM and have ended up with the S&P500 and Extended Market funds. I find trying to balance these 2 funds to recreate the TSM coverage to be a bother. I'm living off the money I am harvesting, so I'm not buying anymore in my after-...
by Raybo
Fri Jan 11, 2019 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: What financial instution do you use for cash?
Replies: 14
Views: 1014

Re: What financial instution do you use for cash?

I keep my cash at Capital One for the interest but actually spend money from my account at Chase. I transfer money between in a couple of days after an on-line transfer request. I have been rethinking this, though. All my money, other than cash, is at Vanguard. When I need money, I sell something at...
by Raybo
Fri Jan 11, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Banff/Lake Louise vacation-suggestions?
Replies: 16
Views: 911

Re: Banff/Lake Louise vacation-suggestions?

There isn't much in the "town" of Lake Louise. The hotel is a good ways up the hill. There is bus service between the two. The hotel has the usual expensive hotel amenities. I've not been to Banff recently. But, it is a real town that I've heard is choked with tourists and day trippers. There is som...
by Raybo
Fri Jan 11, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Should I get umbrella liability insurance?
Replies: 55
Views: 4473

Re: Should I get umbrella liability insurance?

I, too, agree that you should have both renter's insurance and an umbrella policy. While umbrella liability policies are inexpensive (I pay $135/year for $1 million in coverage), to qualify for them, you have to increase your other insurance limits. So, my home owners and auto policies are now much ...
by Raybo
Fri Jan 11, 2019 9:16 am
Forum: Investing - Help with Personal Investments
Topic: American Funds (No Loads) vs Vanguard Index Funds
Replies: 30
Views: 2146

Re: American Funds (No Loads) vs Vanguard Index Funds

Take a hard look at the claim that American Funds beat index funds and you see a few things. First, AF compares against the index, not the actual return with dividends reinvested. So, yes they might beat the index, but not the actual return. Second, AF compares it funds against the S&P 500. But, the...
by Raybo
Thu Jan 10, 2019 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Complete Financial Overhaul - help!
Replies: 12
Views: 1508

Re: Complete Financial Overhaul - help!

When I was working and had maxed out all my tax deferred accounts, I purchased a Whole Life Policy on the idea that it was yet another way to save money in a tax-advantaged way. Upon reading (and re-reading) the actual policy, I discovered that it is an expensive way to invest money (mine had a 5% l...
by Raybo
Wed Jan 09, 2019 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Attn Tax Experts: Sold Primary Residence
Replies: 24
Views: 1020

Re: Attn Tax Experts: Sold Primary Residence

I am not a lawyer, tax accountant, or even up on the current tax laws. That said, I believe that if you lived in the house for 2 of last 5 years, then you get a $250,000 capital gains exemption. So, using your example, you shouldn't owe any Federal Taxes. However, you may owe state taxes, depending ...
by Raybo
Tue Jan 08, 2019 11:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Francisco Mid Peninsula, California Chapter Interest?
Replies: 30
Views: 3875

Re: San Francisco Mid Peninsula, California Chapter Interest?

Is anyone coming from SF and would like to carpool?
by Raybo
Mon Jan 07, 2019 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Strategic Spending to Hedge Against Future Uncertainity
Replies: 19
Views: 857

Re: Strategic Spending to Hedge Against Future Uncertainity

There is nothing wrong with prioritizing your bucket list by both urgency and age. That is, if there are somethings you want to do more than others, maybe look to do that now, instead of wait. And I want to repeat what others have said, which is, some things are easier to do when you are younger (tr...
by Raybo
Mon Jan 07, 2019 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10532

Re: Fiance Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

If you both live below your means, why is the wedding going to cost you $25-$30,000? This seems excessive for a wedding. My suggestion is not to find a way to fund an expensive wedding. Find a way to reduce the cost so that it isn't such a burden on your finances. If that isn't possible, I'd suggest...
by Raybo
Sun Jan 06, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: World Nomad Travel Insurance: too good to be true?
Replies: 5
Views: 534

Re: World Nomad Travel Insurance: too good to be true?

It might be best to think about what you are insuring for. It seems to me that extended stays in a hospital is the main concern. What does your current health insurer cover when you are out of the country? My health plan (Kaiser in California) covers me just like I was in the US, if it is an emergen...
by Raybo
Sun Jan 06, 2019 11:14 am
Forum: Investing - Theory, News & General
Topic: Rebalancing in a down market
Replies: 9
Views: 1353

Re: Rebalancing in a down market

The AA I have is based on the risk I am willing to take to get the return I need to fund my retirement. To control risk, I rebalance when I sell investments to raise cash for my expenses. These days, I don't bother with 5/25 controls. Though, if there was a major market move down, I might have to re...
by Raybo
Sat Jan 05, 2019 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1584

Re: TIPS Question

TIPS pay interest every 6 months. If you only have a single 10-year TIPS, then your interest will be calculated based only on the terms of that security. If you had a ladder of different years, the interest you would be paid would be based on the interest rate of each individual TIPS in the ladder. ...
by Raybo
Fri Jan 04, 2019 7:34 pm
Forum: Investing - Theory, News & General
Topic: US Stock Market Returns in the 21st Century
Replies: 92
Views: 4367

Re: US Stock Market Returns in the 21st Century

So, for investors that were 100% US Stocks, their 19 year return was 3% real (with reinvested dividends). But, few people are 100% US Stocks for 19 years. I wonder how things would have been for someone maintaining a specific AA who rebalances? The rebalancing bonus from selling bonds to buy stocks ...
by Raybo
Fri Jan 04, 2019 6:35 pm
Forum: Personal Consumer Issues
Topic: Paying (paper) cash for daily transactions
Replies: 83
Views: 3759

Re: Paying (paper) cash for daily transactions

Paying by credit card incurs meaningful costs on the seller. I use that as my guide as to use cash or credit card. I tried to always use cash as my local, sole proprietor bike shop, just to save him money on the fees. Generally I use a credit card for the points. I also like that the bank categorize...
by Raybo
Fri Jan 04, 2019 3:12 pm
Forum: Personal Consumer Issues
Topic: Retirees: any major goals for 2019?
Replies: 72
Views: 4444

Re: Retirees: any major goals for 2019?

Retired 19 years.

Do a month long bike ride somewhere. Probably Europe. Most likely Florence, Italy to Bern Switzerland. But, I am open to suggestions.

Improve my Italian.

Convert my sound system to bluetooth.

Find a way to watch over the air TV on my computer.

Expand my circle of friends.
by Raybo
Fri Dec 28, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey [“good growth mutual fund”]
Replies: 54
Views: 5199

Re: Dave Ramsey [“good growth mutual fund”]

I always like when fund companies compare their offerings to the S&P500, a US large cap fund. In almost all cases, they use the index and not the actual returns. The index doesn't include dividends and the fund companies ignore front-end loads. Some ignore other costs, as well. Also, the funds compa...
by Raybo
Fri Dec 28, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Tax Gain Harvesting - Did I get this right?
Replies: 3
Views: 260

Re: Tax Gain Harvesting - Did I get this right?

Your numbers look right to me but to be sure, check the H&R Block 2018 Tax Estimator: https://www.hrblock.com/tax-calculator/#/en/te/aboutYou .
by Raybo
Wed Dec 19, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: How to make monitoring for rebalancing less manual?
Replies: 8
Views: 474

Re: How to make monitoring for rebalancing less manual?

If you can write computer code, you can write an application that keeps track of such things. I have. In order to update my fund values daily, I screen-scrape Google's mutual fund page for each fund symbol in upper case. If you can't code, maybe you can ask a computer programmer friend to do it for ...
by Raybo
Wed Dec 19, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: Why did you decide to change your asset allocation?
Replies: 45
Views: 1980

Re: Why did you decide to change your asset allocation?

During the market meltdown in 2008, I kept moving money from bonds into stocks to maintain my 60/40 allocation. It was hard to watch the moved money decrease in value but I firmly believed that the market would recover. At the very bottom, I could no longer stomach the losses and stopped buying. Whe...
by Raybo
Wed Dec 12, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: I'm going to do it? [Transfer to Vanguard]
Replies: 15
Views: 1992

Re: I'm going to do it?

How much money do you have to pull out of the portfolio every year? You say you have income from rentals. Does it cover your living expenses? If not, how much do you need to take out of the portfolio each year? Is it all in tax-deferred accounts? Are there are tax loss/gain capture opportunities? Wh...
by Raybo
Wed Dec 12, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Property tax assessments in California (assessors questionnaire)
Replies: 10
Views: 885

Re: Property tax assessments in California (assessors questionnaire)

Over 10 years ago, we did a major remodel of a house in San Francisco, fully permitted. We added some square footage, redid some of the foundation, and added room in the garage. We reported what the remodel cost us. The number they added to our assessed value was about 25% of what we spent and repor...
by Raybo
Wed Dec 12, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: So Much Red [in cost basis of taxable accounts]
Replies: 26
Views: 2577

Re: So Much Red

The key for me is to remember that you don't lose (or gain) anything until you sell. What your investments are worth on any given day is not relevant. What is important is that you continue to save/invest money for the future (I'm already retired, so my future is a bit short-term). Also, it isn't th...
by Raybo
Wed Dec 12, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone been able to execute a Power of Attorney with Vanguard?
Replies: 28
Views: 1773

Re: Has anyone been able to execute a Power of Attorney with Vanguard?

Another way to have access to another Vanguard account is to be granted permission to access it. I manage my DW's money and had Vanguard give me access to her account. Anything I can do with my account, I can do to her account. In fact, when I log into my account, her's is listed, as well.
by Raybo
Thu Dec 06, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: California 8 days road trip LA-SFO
Replies: 40
Views: 2202

Re: California 8 days road trip LA-SFO

It is an 8-hour drive from LA to San Francisco on Highway 101. Add several hours if you are taking Highway 1 all the way, though still doable in a single day. Highway 1 out of LA goes via Malibu and its northern coast. After that, Oxnard and Ventura aren't worth seeing. Highway 1 and 101 are the sam...
by Raybo
Thu Dec 06, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Streaming over-the-air TV on a laptop
Replies: 17
Views: 1307

Streaming over-the-air TV on a laptop

My DW wants to get rid of the (big) cabinet in our living room that holds the TV. We don't watch much TV and being without one would be OK. I do watch the big sporting events (Superbowl, World Series) but nothing else. We don't have cable, so I can't stream it from them. I don't want to get cable ju...
by Raybo
Thu Dec 06, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Lognormal Inflation Model in Monte Carlo Retirement Planning
Replies: 13
Views: 974

Re: Lognormal Inflation Model in Monte Carlo Retirement Planning

I've written a couple Monte Carlo simulations of my retirement assets and market returns. Like you, I used a normal distribution for both bonds and stock returns. I chose to use a normal distribution for inflation, as well. I capped it a -2% but let the upside run, as high inflation is a real retire...
by Raybo
Wed Nov 28, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Monthly simulation data?
Replies: 10
Views: 787

Re: Monthly simulation data?

rkhusky wrote:
Wed Nov 28, 2018 12:15 pm
Raybo wrote:
Wed Nov 28, 2018 10:32 am
While I haven't studied it at all, I assume the spread of returns on a monthly basis are not as wide as for yearly data.
Usually the data is noisier with more granularity. The yearly averaging smooths the data.

wouldn't "noisier" capture more information?
by Raybo
Wed Nov 28, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Monthly simulation data?
Replies: 10
Views: 787

Re: Monthly simulation data?

As for using monthly data, it is my thought that with more data points, the underlying distributions might be easier to analyze and model. AFAIK, no one has found a statistical distribution for stock market returns. And if you did find a distribution that fit the historical data, it is unlikely to ...
by Raybo
Wed Nov 28, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: Monthly simulation data?
Replies: 10
Views: 787

Re: Monthly simulation data?

Most Monte Carlo investment simulations use yearly data. What makes you think this? It is an assertion based on the few I've investigated that all used yearly data. It isn't the result of an exhaustive study. As for using monthly data, it is my thought that with more data points, the underlying dis...
by Raybo
Mon Nov 26, 2018 7:31 pm
Forum: Investing - Theory, News & General
Topic: Monthly simulation data?
Replies: 10
Views: 787

Monthly simulation data?

Most Monte Carlo investment simulations use yearly data. It is clear that no accurate underlying model of investing exists. In an effort to find a better way to simulate returns, I wonder if using investment returns per month would do a more accurate job of fitting the simulation to real-world data?...
by Raybo
Tue Nov 20, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Side Business Idea feedback please: Road Warrior School
Replies: 8
Views: 993

Re: Side Business Idea feedback please: Road Warrior School

Have you written the class? Have you ever taught a 4 hour class? Can you summarize the points you will make to entice someone to take the class? Who is the likely customer? How will you find them? What need is your presentation fulfilling? My advice would be to create the class and start giving it f...
by Raybo
Sat Nov 17, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 7 Investing Rules
Replies: 14
Views: 2500

Re: Larry Swedroe: 7 Investing Rules

I disagree that investors should minimize how often they look at their portfolio (rule 6). If I know my investment history (rule 2) and know that I won’t react to daily or even monthly fluctuations, then what is wrong with checking one’s portfolio value daily? How often should one check? If my rebal...
by Raybo
Fri Nov 16, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Navigating Venice Italy Transportation System
Replies: 19
Views: 1449

Re: Navigating Venice Italy Transportation System

There is a bus that runs from Marco Polo airport to the Venice bus station. It costs €8 each. Unfortunately, the bus station is on the opposite end of Venice from St. Mark’s. Next option would be a vaporeto, the boat-buses of Venice. They are pricey. I don't remember how much, another €8 for 60 minu...
by Raybo
Sun Nov 11, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: Looking for computer suggestions
Replies: 17
Views: 1425

Re: Looking for computer suggestions

rich126 wrote:
Sun Nov 11, 2018 6:42 am
Hopefully you mean ssh and not telnet to your server. Telnet provides no security at all. Even when passwords are used, they are sent in the clear.
Putty (the telnet program I use) implements ssh, which is what I use.

Thanks for the useful replies.
by Raybo
Sun Nov 11, 2018 1:34 am
Forum: Personal Consumer Issues
Topic: Looking for computer suggestions
Replies: 17
Views: 1425

Looking for computer suggestions

I’m interested in getting a new computer. My desktop machine is old and starting to show its age. I checked out the current crop of laptops today at Best Buy. I like the ones with solid state memory, keyboards, and screens that fold back and can be used like a tablet called 2 in 1 laptops. I also li...
by Raybo
Sat Nov 10, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Online one-on-one language tutoring experience?
Replies: 4
Views: 309

Re: Online one-on-one language tutoring experience?

I am learning Italian. I have been doing it off and on for years. I’ve taken local classes, checked books out of the library, used language tapes, and on-line apps. Once I had enough proficiency to carry on a bit of a conversation, I discovered Conversationexchange.com , a site that lets you connect...
by Raybo
Thu Nov 08, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 137
Views: 10986

Re: Favorite "free stuff"?

Volunteering at Alcatraz. I trade my time for wonderful human interactions.
by Raybo
Wed Oct 31, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: Electronic pest control devices
Replies: 4
Views: 646

Re: Electronic pest control devices

A previous house had a gopher problem. I got a set of buzzers that I stuck in the ground to deter them. They worked sometimes. It seems to me that they kept gophers away if they weren’t already in the vicinity. Once there, the buzzers didn’t send them away. The barely audible noises would bother peo...
by Raybo
Fri Oct 26, 2018 8:37 am
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 4938

Re: What Memberships/Subscriptions Are Most Valuable To You?

New York Review of Books. Detailed, intelligent articles on a wide range of topics.
by Raybo
Wed Oct 24, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Invested Just Before This Downturn (New to Investing)
Replies: 24
Views: 2597

Re: Invested Just Before This Downturn (New to Investing)

Keep in mind, you only lose money if you sell at a loss. Otherwise, it is just a number on a statement. Also, while $50k seems like a lot at the moment, in the larger scheme of things, it is just the start of a much bigger pile. Later in life, when you have much more than you have now, the little bi...
by Raybo
Fri Oct 19, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 16858

Re: Total Bond Market Fund - interest rates rising!

“Better” is a hard term to define, at times A CD in taxable versus Total Bond in deferred might well be worse in the end. While CDs are guaranteed by the FDIC, they often come with a surrender charge if you need the money before the term is up. Bond funds can be sold quickly. A CD at a bank requires...
by Raybo
Tue Oct 16, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 97
Views: 6596

Re: Personal Adventure - recommendations

You might consider riding a bicycle across the US. There are three well-trod pre-existing routes that you can choose from. Check out https://www.adventurecycling.org/routes-and-maps/adventure-cycling-route-network/ . Riding across the US takes around 75 days. If you expand the route to include some ...
by Raybo
Wed Oct 10, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: Any natural hedges to stocks?
Replies: 18
Views: 2112

Re: Any natural hedges to stocks?

Hedges I see:

Cash - A dollar is always worth a dollar regardless of stock and bond values.

IBonds - don't go down in value when interest rates rise. Still grow with inflation.

Puts - cost money to hold but do well in down markets.