Search found 1166 matches

by bigred77
Tue Nov 22, 2016 6:46 pm
Forum: Personal Consumer Issues
Topic: Replacement Sofa Cushions
Replies: 14
Views: 1241

Re: Replacement Sofa Cushions

rgs92 wrote:I have used foamonline.com several times and like them.


This company carries the type of foams I have been looking at. Did you use them for foam used in heavy use furniture? Were you happy with the longevity and performance?
by bigred77
Tue Nov 22, 2016 6:19 pm
Forum: Investing - Theory, News & General
Topic: Renaissance Technologies - Inside a Moneymaking Machine Like No Other
Replies: 54
Views: 5373

Re: Renaissance Technologies - Inside a Moneymaking Machine Like No Other

You've been making a lot of posts about the "technical" aspects of investing. I really haven't been able to make any sense out of what you're saying, but now I think I see where you're coming from. That was to show you how extensive of a Technical Analysis approach that I tried. My posts ...
by bigred77
Tue Nov 22, 2016 6:04 pm
Forum: Personal Consumer Issues
Topic: Replacement Sofa Cushions
Replies: 14
Views: 1241

Re: Replacement Sofa Cushions

I have not tried any local shops (mainly because the thought of spending a Saturday at an upholstery shop sounds like death to me) but it probably makes a lot of sense to do this. I will have to find one and see if they can lend me some insight and let me test out their materials.
by bigred77
Tue Nov 22, 2016 5:54 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 219
Views: 21963

Re: Retreat to cash

Enjoying this discussion – thanks. More fuel: “Why a year?” - Nothing magic to me about a year. Perhaps more, perhaps less. Time for the new administration and congress to work through startup issues relative to suggested policy changes, both financial and otherwise. Things will settle politically ...
by bigred77
Tue Nov 22, 2016 5:45 pm
Forum: Investing - Theory, News & General
Topic: Renaissance Technologies - Inside a Moneymaking Machine Like No Other
Replies: 54
Views: 5373

Re: Renaissance Technologies - Inside a Moneymaking Machine Like No Other

They seem to have been outlandishly successful, but none of us are able to invest with them, so I guess it doesn't matter much. I will also note that it strikes me as odd that they have a super successful fund that is closed to outside investment, but there funds that do accept outside money are qui...
by bigred77
Tue Nov 22, 2016 1:49 pm
Forum: Personal Consumer Issues
Topic: Replacement Sofa Cushions
Replies: 14
Views: 1241

Re: Replacement Sofa Cushions

The sofa is the brand Barnhardt that I bought through a local furniture chain. The official "Barnhardt" replacement cushions were almost 300 a cushion (and I would need 3 cushions) vs a purchase price of right around $1500 for the sofa itself. I'm seeing these online retailers with prices ...
by bigred77
Tue Nov 22, 2016 1:36 pm
Forum: Personal Consumer Issues
Topic: Replacement Sofa Cushions
Replies: 14
Views: 1241

Replacement Sofa Cushions

I'm wondering if anyone has used any of these online retailers to replace sofa cushions. We bought our sofa about 4 years ago and still love the look and appearance. Unfortunately the cushions themselves (the ones you sit on) are not holding up well to heavy use and are sagging. I also prefer a very...
by bigred77
Tue Nov 22, 2016 12:45 pm
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 219
Views: 21963

Re: Retreat to cash

When would you get back in? THAT, Detective, is the right question. [edit] Market timing requires a re-entry strategy. If you don't have a specific re-entry strategy then you shouldn't be pulling out. No, it's simple. If you're in and uncomfortable - get out. Otherwise stay in. If you're out and un...
by bigred77
Tue Nov 22, 2016 10:33 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 219
Views: 21963

Re: Retreat to cash

Markets do not like uncertainty, and it would appear that with the new president, 2017 will bring a period of uncertainty on some major issues. I DO NOT intend this post to elicit a political debate or name-calling contest. I have no leanings one way or the other with respect to political parties o...
by bigred77
Thu Nov 10, 2016 1:26 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 310
Views: 47818

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

This pretty much describes me to a "T". But I'm sort of struggling with trying to get out of that mode at this point in my life. We had about $220k in after-tax income last year, and spent about $60k. Plus our investments increased by about $200k. And we pretty much have enough to quit ou...
by bigred77
Thu Nov 10, 2016 11:49 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 310
Views: 47818

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

I don't fit the criteria. I save 1/4 to 1/3 of my income every year and try to spend the rest as "efficiently" as possible on whatever makes me the happiest. I'm not wired the same way as people who say "If I had 10 million dollars, my lifestyle/spending wouldn't change". There's...
by bigred77
Wed Nov 09, 2016 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: The market was off 800 points after hours! Why?
Replies: 8
Views: 2262

Re: The market was off 800 points after hours! Why?

Could we have bought when it was down 800 points? You could have. Definitely in the futures market anyway. I assume ETFs trade after hours so I think you could have used those as well. A broker would be able to do it on your behalf. I suspect Interactive Brokers would be a way to DIY but I've never...
by bigred77
Wed Nov 09, 2016 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Simplify my Portfolio?
Replies: 14
Views: 1175

Re: Simplify my Portfolio?

What decision are you more likely to be able to stick to over the next couple of decades knowing that it's very likely that both a tilted and non-tilted portfolio will have extended runs of outperformance and underperformance when compared to each other?
by bigred77
Wed Nov 09, 2016 10:31 am
Forum: Investing - Help with Personal Investments
Topic: when is market timing acceptable?
Replies: 50
Views: 4442

Re: when is market timing acceptable?

if the markets drop sharply today, I'll be buying on the cheap. It's the best time to market time if anything. It looks like the scare of a substantial selloff might not materialize today. Just for the sake of this thread lets say the S&P 500 had dropped 2% - 3%. Would that have enticed you to ...
by bigred77
Tue Nov 08, 2016 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: What 529 plan are TX residents using?
Replies: 46
Views: 2115

Re: What 529 plan are TX residents using?

In KlangFools defense, I don't believe he is anti-529...he has just pointed out that you are better off maxing out better tax-advantage accounts first. Also, your last statement is false for most people...including me. Many people have tried to explain that to you but for some reason you keep ignor...
by bigred77
Tue Nov 08, 2016 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: What 529 plan are TX residents using?
Replies: 46
Views: 2115

Re: What 529 plan are TX residents using?

I don't know if that's the right way to look at the situation... If you are still working when your kids go to college, your withdrawals from those pre-tax retirement accounts to pay for college are going to be taxed on top of your income. So if your income puts you in the 28% tax bracket in the fu...
by bigred77
Tue Nov 08, 2016 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: when is market timing acceptable?
Replies: 50
Views: 4442

Re: when is market timing acceptable?

It is interesting to me to see such a long list of experts, many of whom I hold in high regard, to be so completely flat-out wrong. People here seem to look at market timing as black and white. That is, if you are able to time the market, you would just invest your entire investable net worth on a ...
by bigred77
Tue Nov 08, 2016 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: What 529 plan are TX residents using?
Replies: 46
Views: 2115

Re: What 529 plan are TX residents using?

In KlangFools defense, I don't believe he is anti-529...he has just pointed out that you are better off maxing out better tax-advantage accounts first. Also, your last statement is false for most people...including me. Many people have tried to explain that to you but for some reason you keep ignor...
by bigred77
Tue Nov 08, 2016 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: when is market timing acceptable?
Replies: 50
Views: 4442

Re: when is market timing acceptable?

It is interesting to me to see such a long list of experts, many of whom I hold in high regard, to be so completely flat-out wrong. People here seem to look at market timing as black and white. That is, if you are able to time the market, you would just invest your entire investable net worth on a ...
by bigred77
Tue Nov 08, 2016 9:50 am
Forum: Personal Consumer Issues
Topic: 1st time home buyer tips & strategy
Replies: 41
Views: 3084

Re: 1st time home buyer tips & strategy

Just a little devils advocate here but in my area you can definitely save money by buying a fixer upper and remodeling it yourself. In the prime areas of town, there are many older homes that people either buy, bulldoze, and rebuild or will remodel extensively. You will pay a very large premium to b...
by bigred77
Mon Nov 07, 2016 2:48 pm
Forum: Personal Consumer Issues
Topic: Streaming (TV) Guide
Replies: 6
Views: 710

Re: Streaming (TV) Guide

I've tried the "Yidio" app and found it to be OK... Might be worth looking into for you...
by bigred77
Thu Nov 03, 2016 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: 27/m. Wanting to Quit My Job. Any Words of Wisdom?
Replies: 55
Views: 6591

Re: 27/m. Wanting to Quit My Job. Any Words of Wisdom?

In my day, we called this a quarter life crisis and you went on a weekend bender with your buddies :mrgreen: (I'm only 4 years older than you). I would start a job search. I would not take an extended leave of absence. See a therapist if you think it would help. Nothing wrong with a 2-3 week vacatio...
by bigred77
Thu Nov 03, 2016 3:28 pm
Forum: Investing - Theory, News & General
Topic: Low Interest Rates: Opportunities Missed?
Replies: 14
Views: 2120

Re: Low Interest Rates: Opportunities Missed?

I just wanted to point out to the OP that the interest payments on most Margin Loans are NOT fixed. These are typically floating rate and interest rates/payments can increase at the same time as when your leveraged asset faces a downturn. Most retail investors should not be using margin loans. If y...
by bigred77
Thu Nov 03, 2016 1:20 pm
Forum: Investing - Theory, News & General
Topic: Low Interest Rates: Opportunities Missed?
Replies: 14
Views: 2120

Re: Low Interest Rates: Opportunities Missed?

Even at low interest rates buying stock on margin is a two edged sword: increased opportunity, increased risk. When you borrow at 2% to invest, it sounds compelling on paper, but it's important to keep in mind that the interest payments are fixed and ongoing. On the other hand the equity investment...
by bigred77
Thu Nov 03, 2016 1:03 pm
Forum: Personal Consumer Issues
Topic: Buying an Audi A4
Replies: 73
Views: 5540

Re: Buying an Audi A4

I would not buy an extended warranty or maintenance plan, especially if buying new. Those plans are not loss leaders for their sellers. They are making a profit with them. And if you can easily afford the car then an unexpected repair is not some catastrophic event that you need to insure for. I wou...
by bigred77
Thu Nov 03, 2016 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance - Appraisal Value is low - Do I continue to refinance?
Replies: 21
Views: 1793

Re: Refinance - Appraisal Value is low - Do I continue to refinance?

I refi'd a year ago and the first appraisal came back low. I appealed but got no where. Money sunk. I went with a second lender. When the 2nd appraiser came I made sure I walked the property with him, gave him some comps, and told him explicitly what I thought the number should be. Low and behold th...
by bigred77
Thu Nov 03, 2016 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage or Save for College
Replies: 15
Views: 1395

Re: Payoff Mortgage or Save for College

The mortgage is at 4.375% We barely get any deduction as the interest portion is reducing. The original loan was $220000. At that rate, whether you pay the mortgage off early or not, you should refinance, probably to a 10-year or 15-year. The deduction issue is whether you can deduct all the intere...
by bigred77
Thu Nov 03, 2016 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Personal Finance - Unhealthy
Replies: 28
Views: 4246

Re: Personal Finance - Unhealthy

Since cash flow seems to be tight with your finances, I would recommend the Dave Ramsey "snowball" approach where you pay off the debt with the smallest balance first to free up cash flow instead of focusing on the highest interest rates. I would keep your retirement contributions where th...
by bigred77
Wed Nov 02, 2016 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: 27 y/o, need some career advice Part II
Replies: 5
Views: 1085

Re: 27 y/o, need some career advice Part II

Nothing wrong with doing a company sponsored MBA if you can get them to foot the bill and have the desire, time, and ambition to do it. It will be taxing and it's not fun to work a full day and then sit in class for 3 hours plus do homework on the weekends (don't get me started on group projects wit...
by bigred77
Wed Nov 02, 2016 12:11 pm
Forum: Personal Consumer Issues
Topic: How much home can/should one buy?
Replies: 144
Views: 10248

Re: How much home can/should one buy?

This is one of the more contentious topics I see discussed here. Cost of living in the area you live, how far along you are in your career, availability of housing stock (and/or rental stock), interest rates, it all changes the story for everyone. For me, I would recommend buying if your reasonably...
by bigred77
Wed Nov 02, 2016 11:45 am
Forum: Personal Consumer Issues
Topic: How much home can/should one buy?
Replies: 144
Views: 10248

Re: How much home can/should one buy?

This is one of the more contentious topics I see discussed here. Cost of living in the area you live, how far along you are in your career, availability of housing stock (and/or rental stock), interest rates, it all changes the story for everyone. For me, I would recommend buying if your reasonably ...
by bigred77
Tue Nov 01, 2016 5:28 pm
Forum: Personal Consumer Issues
Topic: How do you make your Martini?
Replies: 63
Views: 3668

Re: How do you make your Martini?

Decided a year ago that all of the ceremony around drinking alcoholic beverages was way over rated, and detrimental to my health. It's basically a poison that's only positive contribution to society is a solvent and cleaner, and should not be consumed, however mixed. Drinking alcoholic beverages, a...
by bigred77
Tue Nov 01, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: Efficient markets vs bulls and bears
Replies: 16
Views: 1368

Re: Efficient markets vs bulls and bears

I believe in the EMH. I'm sure many other Bogleheads also believe in it (for the most part) and can probably articulate their thoughts on it much better than I can. I do not think that the mere existence of bear and bull markets prove beyond any doubt that the market is not efficient. Bull and Bear ...
by bigred77
Tue Nov 01, 2016 3:12 pm
Forum: Personal Consumer Issues
Topic: Texas [road trip]
Replies: 63
Views: 4032

Re: Texas

I only like South Padre during the middle 2 weeks of March :mrgreen: . The rest of the Gulf will be a pretty big disappointment to those who have experienced beaches on either the West/East Coasts. There are some nice little beach towns along the Gulf (and I've heard there is good fishing) but the b...
by bigred77
Tue Nov 01, 2016 12:28 pm
Forum: Investing - Theory, News & General
Topic: Paid off home. View as bond or cash in AA if you plan to sell in retirement?
Replies: 32
Views: 2645

Re: Paid off home. View as bond or cash in AA if you plan to sell in retirement?

I would not incorporate it into my AA decisions. If I wanted to feel better about having a more aggressive, but still reasonable, AA (like being 80/20 in my late 40s or something, just as an example) then OK that's fine. I can tell myself I have additional reserves in the form of home equity that I ...
by bigred77
Mon Oct 31, 2016 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Mechanics of Credit Report Corrections
Replies: 3
Views: 460

Re: Mechanics of Credit Report Corrections

It's been driving me crazy. They payment was originally processed on 10/4 and we still have not gotten anything resolved. I have another check for my November payment scheduled to arrive tomorrow. I'm curious how they process those funds.
by bigred77
Mon Oct 31, 2016 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Mechanics of Credit Report Corrections
Replies: 3
Views: 460

Mechanics of Credit Report Corrections

I have had a nightmare scenario occur this past month where my mortgage servicer made a mistake with my mortgage payment. They missed a 0 on an online bill pay, physical check that was sent to them (like they deposited 100 dollars instead of 1,000 dollars) and after going back and forth with them an...
by bigred77
Thu Oct 27, 2016 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for financial goals and planning
Replies: 17
Views: 2111

Re: Suggestions for financial goals and planning

Seems fine too me assuming your withdrawing funds for reasonable big ticket purchases (trips, cars, kids education, etc.)
by bigred77
Thu Oct 27, 2016 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for financial goals and planning
Replies: 17
Views: 2111

Re: Suggestions for financial goals and planning

I would keep it simple... For now max out all your tax advantaged space (Solo 401k, 403b, and 2 backdoor Roth IRAs) and throw the rest of your money at all non-mortgage debt until it's gone. Then build your emergency fund up to whatever makes you sleep at night (Anything from 100k - 200k seems fine;...
by bigred77
Thu Oct 27, 2016 12:37 pm
Forum: Investing - Theory, News & General
Topic: Dont invest in 401K
Replies: 42
Views: 4581

Re: Dont invest in 401K

This is terrible advice, a terrible strategy, and a terrible plan for 99%+ of the population. Can you become rich by doing it? Yes Can you become rich from buying lottery tickets or playing slots? Yes Can you become rich from buying real estate with 0 down, hard money loans, and other subprime finan...
by bigred77
Thu Oct 27, 2016 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: 401K loan for downpayment? Repay ~2-4 months later upon sale of old house
Replies: 3
Views: 536

Re: 401K loan for downpayment? Repay ~2-4 months later upon sale of old house

I did the same thing and had one hiccup The mortgage company was going to count my 401k loan as debt repayment (and the max term I could take a loan for was 5 years I believe which added about $900 or so to my monthly debt obligation) which put my debt to income ratio into borderline territory. To a...
by bigred77
Fri Oct 21, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: "Jack Bogle wouldn’t risk investing outside the US"
Replies: 101
Views: 7631

Re: "Jack Bogle wouldn’t risk investing outside the US"

I came of age in a connected, global economy, so I naturally see this issue differently than older investors. I started my first business, selling things on eBay, when I was in high school in the late 90s. I regularly filled out customs forms because I had so many international customers. Today, I ...
by bigred77
Fri Oct 21, 2016 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: When have you given enough?
Replies: 65
Views: 5430

Re: When have you given enough?

Is it asking too much to think that children will take whatever inheritance they receive, live off a portion of the income, and continue to pass the principal down? It isn't too much to ask, but it is not the norm http://time.com/money/3925308/rich-families-lose-wealth/. I have intentions (hopes) o...
by bigred77
Fri Oct 21, 2016 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a mortgage lender
Replies: 24
Views: 1495

Re: Choosing a mortgage lender

For me personally I haven't had any bad experiences when my loan was sold and serviced by a 3rd party. It doesn't matter to me who I make the checks out to (It seemed to always end up with wells fargo in the past and I have no complaints). If I was purchasing and everything was straight forward (20%...
by bigred77
Fri Oct 21, 2016 10:33 am
Forum: Investing - Theory, News & General
Topic: "Years Of Expenses": Preferable To "% Of Portfolio" For Retirees' Fixed Income?
Replies: 39
Views: 2864

Re: "Years Of Expenses" Preferable To "% Of Portfolio" For Retirees' Fixed Income?

I approach it as X% in fixed income because I consider my portfolio as a whole and X% in Fixed Income fits my ability/willingness/need to take risk. I hold X percentage to control risk. A retiree following the 4% rule with a 60/40 portfolio has 10 years of expenses in FI, which seems pretty safe to ...
by bigred77
Thu Oct 20, 2016 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Question of Savings Percentage
Replies: 14
Views: 1778

Re: Question of Savings Percentage

Don't complicate it. If you make $350k+ and only spend $50k you can retire pretty darn early no matter what you do (within reason). Just max out your 401k and HSA like your doing. Save an extra 100k in taxable like your doing. Retire in 10-15 years even if you currently have 0 saved. Done. PS: To di...
by bigred77
Wed Oct 19, 2016 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Very tough career choice part 2 (ego, startup, hedge funds)
Replies: 97
Views: 10127

Re: Very tough career choice part 2 (ego, startup, hedge funds)

Why would you not jump to one of the hedge funds and go from 230k per year in compensation to an employment contract guaranteed minimum of #350k? That's a 50%+ raise and I doubt the cost of living in Chicago is all that much higher than Sacramento for a single 30 something. Plus I'd much rather be s...
by bigred77
Wed Oct 19, 2016 3:52 pm
Forum: Personal Consumer Issues
Topic: Wedding gift for my sister - amount?
Replies: 38
Views: 3007

Re: Wedding gift for my sister - amount?

I have a similar predicament coming up next month. My wife's sister is getting married and I don't know how much to give. My wife and I are the only currently married members of our generation in either family. We are much better off financially than anyone else in either family (and people are awar...
by bigred77
Wed Oct 19, 2016 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: 38 YO conservative portfolio advice
Replies: 10
Views: 1022

Re: 38 YO conservative portfolio advice

We can't really give very good advice with the limited information you've given but I can tell you this: If you plan to work for another 20-25 years and you only invest 30% of your portfolio in stocks (and anywhere near 40% in cash) then you are most likely going to have MILLIONS of dollars less whe...
by bigred77
Wed Oct 19, 2016 11:15 am
Forum: Investing - Theory, News & General
Topic: Determining Intermediate-Term Tax-Exempt Fund Prices Before Closing
Replies: 16
Views: 818

Re: Determining Intermediate-Term Tax-Exempt Fund Prices Before Closing

As other have said you can look at some ETFs that track a similar index or have similar duration and credit quality characteristics. What I do as a general approximation just look at the widely reported 10 year treasury rate. If the rate went up, your bond funds probably went down. If the rate dropp...

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