Search found 1305 matches

by finite_difference
Thu Dec 27, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Home Heating Advice
Replies: 72
Views: 5857

Re: Home Heating Advice

My home is propane: 2 furnaces, hot water heater, clothes dryer, stovetop and backup generator. Propane is more expensive than natural gas, but cheaper than using electricity when it comes to heating. I have a 1000 gallon underground tank, gets filled ~ 3 times per year, usually 600gal at a time, c...
by finite_difference
Thu Dec 27, 2018 6:59 pm
Forum: Personal Investments
Topic: What to do with 1k check for 9 month old son?
Replies: 44
Views: 3049

Re: What to do with 1k check for 9 month old son?

529. At $2500, still have a long ways to go.

Otherwise UTMA @ Vanguard: 80% Vanguard Total Stock, 15% Vanguard Total International, 5% Vanguard Total Bond. Automatically reinvest.
by finite_difference
Thu Dec 27, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9635

Re: What common everyday inconvenience have you intentionally suffered for frugality?

I wish people would also post the annual savings they estimate from each one of these habits. A CR2032 Lithium battery costs $0.50 and needs to be replaced approximately every 2.5 years, so that’s a whopping savings of $0.20 per year. I do not suffer any everyday conveniences if I can help it. I thi...
by finite_difference
Tue Dec 25, 2018 10:10 pm
Forum: Personal Consumer Issues
Topic: Home Heating Advice
Replies: 72
Views: 5857

Re: Home Heating Advice

My home is propane: 2 furnaces, hot water heater, clothes dryer, stovetop and backup generator. Propane is more expensive than natural gas, but cheaper than using electricity when it comes to heating. I have a 1000 gallon underground tank, gets filled ~ 3 times per year, usually 600gal at a time, c...
by finite_difference
Mon Dec 24, 2018 10:36 pm
Forum: Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2684

Re: Advice for "Little Old Lady" revised

Thank you. I'll certainly consider the "three fund" approach. Be careful and make sure you understand the tax implications before you change funds. Is the money in a 401k, IRA, or a taxable brokerage account? If the money is in a taxable brother account, then definitely spend some time understandin...
by finite_difference
Mon Dec 24, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1917368

Re: U.S. stocks in free fall

I lost $85,000 of new money invested 15 days ago. At this point it doesn't matter anymore if I'm "comfortable" with my asset allocation, this is a serious loss by any standard. Update: I’m now approaching a $110,000 loss. I won’t be able to handle this for much longer. Hi michaeljmroger, I see you ...
by finite_difference
Sun Dec 23, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1917368

Re: U.S. stocks in free fall

...The shutdown is not boosting the economy, that’s for sure. A "shutdown" on a weekend, this administration declared the day before Christmas a holiday for Federal employees, Tuesday is the Christmas holiday, the prior administration declared the day after Christmas a holiday for Federal employees...
by finite_difference
Sun Dec 23, 2018 2:43 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1917368

Re: U.S. stocks in free fall

I think this extremely quick plunge is just from big hedge funds trying to "punish" the Fed by sending them a message, and therefore it has nothing to do with the intrinsic value of the companies. The faster the market goes down, the faster is comes back, as more or less happened in 1987 and 2009. ...
by finite_difference
Sun Dec 23, 2018 2:30 am
Forum: Investing - Theory, News & General
Topic: 3-Fund + Gold: Why not a good idea?
Replies: 42
Views: 2713

Re: 3-Fund + Gold: Why not a good idea?

Gold has interesting and useful properties. I’m hoping the price crashes so we can use it for more useful things than primarily jewelry or as a store of value. I think gold will always be semi-valuable but I prefer owning stocks and bonds that generate wealth, over commodities. But I don’t necessari...
by finite_difference
Thu Dec 20, 2018 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: 2016 Honda CR-V - oil consumption test, needs new pistons and rings
Replies: 12
Views: 1571

Re: 2016 Honda CR-V - oil consumption test, needs new pistons and rings

Hello, my 2016 was low on oil after an oil change. Honda has me return 3 times for an oil consumption test. The car failed the test, now Honda let me know they will replace the pistons and rings in the engine. Has anyone had this problem? I am concerned because my car is only 2 years old and their ...
by finite_difference
Thu Dec 20, 2018 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - can I afford either?
Replies: 30
Views: 2337

Re: Buying vs renting - can I afford either?

Have you considered moving abroad for retirement? especially if you are in very good shape. Mexico, Philippines, Thailand, Costa Rica, whatever. $1500/month + $100k is going to be rough even in LCOL areas in the US. Yeah, that’s would I would do. Also: delay SS until 70. Find a job ideally writing ...
by finite_difference
Thu Dec 20, 2018 11:27 pm
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 74
Views: 10449

Re: I feel cheated, saved too much in 401K vs cash.

If you had the cash, you'd have 30% less of it, based on a WAG at your marginal state plus federal tax brackets plus the tax drag of a taxable investment. Sure, I guess something like that could be true. But, if I took that 70% of what I currently have in my 401K, paid cash for real estate, I would...
by finite_difference
Thu Dec 20, 2018 11:23 pm
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 74
Views: 10449

Re: I feel cheated, saved too much in 401K vs cash.

How are you cheated? You were supposed to do this: -401k to get full match (100% return.) -Max Roth IRA At that point, you would optimally add more to your 401k but, you could do taxable instead if... not really sure in what scenario that would be better. If you retire early (before 59.5 years old),...
by finite_difference
Wed Dec 19, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1917368

Re: U.S. stocks in free fall

I still don't get why they're raising rates. Powell's not saying there's inflation. To tamp down on bubbles before they explode. They are probably too late though. Read an interesting piece the other day saying the argument that the Fed needs to build up higher rates so they have ammo to reduce the...
by finite_difference
Wed Dec 19, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2465

Re: Math: How much would you spend to repair this car?

Get a new car. Even if you fixed it, there is no way to prevent lots of little issues from the fix that will make it difficult or unsafe. A "fixed" totaled car is never right again. Unless the frame was compromised, or the airbags were deployed, or the engine was damaged, or something else major, w...
by finite_difference
Wed Dec 19, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2465

Re: Math: How much would you spend to repair this car?

Wheels, axel, windshield, and undercarriage undamaged, one headlight destroyed, hood seriously dented on one quarter. Car starts fine but check engine light on.... The dent in the hood is not worth fixing on a car that is only worth a couple of hundred dollars since you can drive a car with a dente...
by finite_difference
Sun Dec 16, 2018 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 126
Views: 10369

Re: Can I retire

Maybe I/we need to spend more but there is no way I can see use spend 250k per year! What am I missing? (Just curious if my calculations are wrong and in no way trying to shame anyone) Is it really so hard to imagine that other people could spend more money? Here are some trivial examples from a re...
by finite_difference
Sun Dec 16, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 126
Views: 10369

Re: Can I retire

How can someone spend 250k a year in living expenses? Maybe I/we need to spend more but there is no way I can see use spend 250k per year! What am I missing? (Just curious if my calculations are wrong and in no way trying to shame anyone) Is it really so hard to imagine that other people could spen...
by finite_difference
Sun Dec 16, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: When cash is riskier than bonds
Replies: 58
Views: 6639

Re: When cash is riskier than bonds

As a retiree, I agree. Then there's Paul Merriman's approach, kind of between you and Jalbert: 50% ITT 30% STT 20% ST TIPS What is the argument for short term TIPS? There is very little risk of unexpected inflation in the short term. And TIPS in general have not performed as well as nominal Treasur...
by finite_difference
Sun Dec 16, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5659

Re: Volkswagen Reliability

There were ~480,000 of these “clean diesel” VWs sold in the US. That was about my assumption, less than 0.2%. Let's compare with school buses: same number 480,000. Difference in PM and NOx, probably in the range of 10-100X. Diesel pick up trucks? Probably a lot more. Etc. So yeah, probably less tha...
by finite_difference
Sun Dec 16, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Bucket?
Replies: 143
Views: 15870

Re: Do Bogleheads Bucket?

Isn’t AA kind of like a simplified bucket? I haven’t thought much about withdrawal strategies, except that I assumed I would take out equally according to my AA. For example if it’s 60/40 and I want to withdraw $100, I would take out $60 from stocks and $40 from bonds. But if we were in a 2008-scena...
by finite_difference
Fri Dec 14, 2018 11:49 pm
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 128
Views: 15551

Re: How to learn a second language

I hope to learn the following languages, in this order: 1. Mandarin 2. Spanish 3. Japanese 4. French After that I’ll speak 6 languages and that should be enough ;) 2 and 4 should be pretty easy compared to 1 and 3. There’s a lot more I’d like to learn: Arabic, Navajo, Cantonese. Something for Bogleh...
by finite_difference
Fri Dec 14, 2018 11:10 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5659

Re: Volkswagen Reliability

Our family had a VW Cabrio. It was a cute car but was plagued with issues and was costly to repair. The convertible top wore out and needed to be replaced. The speedometer broke, which required a full replacement of the entire dash. After it rained sometimes the car would not start — we could never ...
by finite_difference
Fri Dec 14, 2018 11:03 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5659

Re: Volkswagen Reliability

Are you trying to compare a 50mpg VERY CLEAN and modern diesel sold in very small numbers with diesels on pick up trucks, school buses or large trucks? I highly doubt VW TDI engines added any measurable pollution to that. That is even if we look only at diesel and give gas trucks a free pass. I don...
by finite_difference
Thu Dec 13, 2018 11:19 pm
Forum: Personal Consumer Issues
Topic: Is a New Car Okay if Driven 15+ Years?
Replies: 91
Views: 7705

Re: Is a New Car Okay if Driven 15+ Years?

Acting like a 10 year old car is a death trap is laughable. Most of the new safety things being added nowadays are tech related and only help compensate for bad/inattentive drivers. It is true that big strides were made with crumple zones, airbags and things like that in the past. 33k die in the US...
by finite_difference
Thu Dec 13, 2018 11:09 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 102
Views: 5659

Re: Volkswagen Reliability

So you're OK buying a car from a company that plead guilty to violating the US Clean Air Act and paid more $4B in fines? Why, because you like the "style" of the car? I'd think about supporting companies that are innovative, build high quality products, and know how to obey the law. It's all about ...
by finite_difference
Thu Dec 13, 2018 10:13 pm
Forum: Personal Investments
Topic: Total Stock Market Fund that pays ~3% Dividend
Replies: 12
Views: 2552

Re: Total Stock Market Fund that pays ~3% Dividend

We have a GRAT that we are required to distribute an annual cash dividend for 10 years. The amount comes to about 3% of the total value of the GRAT. We are looking for TLH pairs of Total US Market that distribute ~3%. This would allow us to TLH and not have to sell any stock at a short-term gain. I...
by finite_difference
Thu Dec 13, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Do our savings rate habits change as we get older?
Replies: 16
Views: 1556

Re: Do our savings rate habits change as we get older?

My opinion is no. Those that save will continue to save. Those that don't usually don't. There are some that figure it out later in life and try to make up, but compounding or lack thereof is not forgiving. Either way it really is amazing how visceral saving or not, i.e. delayed gratification or no...
by finite_difference
Thu Dec 13, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 89
Views: 5746

Re: [Anyone drop cable for YouTube TV?]

sksbog wrote:
Wed Dec 12, 2018 10:08 pm
Bought a $35 antenna. Now I get 60 channels ( nbc,CBS,fox, etc) for free. +
$15 Netflix.

All set😁
How much for Internet + bandwidth up/down?
by finite_difference
Thu Dec 13, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Is it a Five-Twenty-Nine or a Five-Two-Nine Plan
Replies: 29
Views: 1543

Re: Is it a Five-Twenty-Nine or a Five-Two-Nine Plan

We always cite the complete 26 U.S.C. § 529, unless we're in the company of tax friends only and then say IRC 529. Ah, but then how do you pronounce §?? I also am not sure others will understand USC, so probably better to also spell that out. And if IRC is important you better spell that out too. A...
by finite_difference
Tue Dec 11, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 8131

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

My parents are semi-retired but don't care to travel one bit. Another retired family member goes on 4-6 vacations, domestic and international, per year. Different strokes. I like to travel to see things; historic buildings, beautiful scenery, etc. There are many things I have zero interest in despi...
by finite_difference
Tue Dec 11, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 8131

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

What a bizarre attitude. Being interested in other cultures is ‘pretentious’? Perhaps 99.9% of people you know couldn’t care less, but I don’t think that’s the norm. Maybe it's no pretentious, but I'm one that thinks it's wildly overrated. Learning about other other cultures outside of the US is ‘w...
by finite_difference
Tue Dec 11, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Certified Used BMW, Audi or Mercedes
Replies: 101
Views: 11673

Re: Certified Used BMW, Audi or Mercedes

You might try looking at Carmax and then getting their extended warranty. If the warranty is expensive then that’s an indication that it’s an expensive car to maintain. The problem is that when something breaks on a German car it costs 3x as much in parts as a Japanese car. So even if they break les...
by finite_difference
Tue Dec 11, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 8131

Re: To each his own ( I guess )

Are we nuts? I hope not. I'm retired, too. And, I've traveled some in the US and overseas a little bit, and plan to do some more. However, the older I get the more I've come to realize that there are entire continents I'm no longer interested in seeing. Europe -> St. Peter’s Basilica Africa -> Pyra...
by finite_difference
Sun Dec 09, 2018 12:02 am
Forum: Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12279

Re: 20M Inheritance - What is best option for small/no risk on principal?

averagedude wrote:
Thu Dec 06, 2018 7:14 pm
I would go 50/50 stocks and bonds and sleep like a baby at night.
+1.
by finite_difference
Fri Dec 07, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: Why Retirement Is Broken And Needs To Be Reinvented
Replies: 174
Views: 12634

Re: Why Retirement Is Broken And Needs To Be Reinvented

Lack of education didn't create the problem, education isn't going to fix it. I am also mystified about the calls for education. The article mentions that "only" 16% of high school students are required to take a personal finance class in high school. Where are the results of this massive increase ...
by finite_difference
Fri Dec 07, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: My ACA premiums went up 128% in 2019 anybody else get hit with big increases
Replies: 21
Views: 3491

Re: My ACA premiums went up 128% in 2019 anybody else get hit with big increases

ACA subsidies were cut by the current administration, resulting in premium increases. Trying to avoid a political basis to this discussion, but facts are important. Basic ACA subsidies were NOT cut, they are fixed in law. What was done is that cost sharing reimbursements to insurance companies were...
by finite_difference
Fri Dec 07, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: We Are Teetering on the Edge of A DEATH CROSS
Replies: 50
Views: 8819

Re: We Are Teetering on the Edge of A DEATH CROSS

I am INCREDIBLY thankful that I have found this website because if it wasn’t for the great folks like livesoft, Taylor, Rick Ferri etc. I would still have my money with an advisor charging me too much money and freaking out over this latest “crash”. I even chuckle at my coworkers who have been lame...
by finite_difference
Wed Dec 05, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11008
Views: 1917368

Re: U.S. stocks in freefall

Down over 400 points so far today. Glad I bailed out near the peak. Sometimes you get lucky. Now I'm waiting for the 20% off sale to buy back in. :sharebeer Unfortunately it's impossible to tell if you are lucky or not. Bailing out only points to the fact that you had not established the proper ass...
by finite_difference
Wed Dec 05, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: In Search of... the Inverted Yield Curve
Replies: 78
Views: 7254

Re: In Search of... the Inverted Yield Curve

Top Business Economists Predict U.S. Could Face Recession in 2020 If they are predicting a recession by end of 2020, that is 2-1/2 years out. The yield curve needs to start inverting soon to meet their schedule. If you believe that indicator. Recessions are no longer caused by Fed tightening. That ...
by finite_difference
Sat Dec 01, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Why is Costco gas so much cheaper
Replies: 119
Views: 11152

Re: Why is Costco gas so much cheaper

For the comparison to be fair, you need to compare Costco to other “Top Tier” gasoline fuel shops. I think in our area it’s about 20c cheaper per gallon. So if you fill up 15 gallons, you’ll save a whopping $3. If you do that once a week that’s yearly savings of $156. Every little but helps but nowh...
by finite_difference
Sat Dec 01, 2018 1:00 am
Forum: Investing - Theory, News & General
Topic: Federal Reserve Report: Millennials are poorer than previous generations
Replies: 17
Views: 2286

Re: Federal Reserve Report: Millennials are poorer than previous generations

Part of it was the hit they took in 09. The other part is that they are still waiting to be rewarded for their existence :D The baby boomers that raised them did a great disservice teaching millennials to behave/think that way. Amen Older generations may insult the Millenials as much as they want, ...
by finite_difference
Thu Nov 29, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 20893

Re: WSJ: Bogle Sounds a Warning on Index Funds

I think Vanguard should allow their shareholders to vote on issues just as if they owned stocks. For example, if you own the Vangurd S&P 500 Fund, you have fractional ownership of those 500 companies. You own shares of those companies. You should be able to vote with your fraction of your shares jus...
by finite_difference
Thu Nov 29, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 935
Views: 93033

Re: U.S. stocks continue to soar!

you're jumping from one concept to another. I claimed that people here say, "I know nothing therefore do xyz," then have the brass to say things like "what drop! lol!" when staring at 15% index movements. that is a behavioral fact and not subject to your interpretation. that behavior is child like ...
by finite_difference
Thu Nov 29, 2018 8:05 am
Forum: Personal Consumer Issues
Topic: Why is the Honda Fit so hard to find?
Replies: 63
Views: 6350

Re: Why is the Honda Fit so hard to find?

You're looking for the high end version of a low end car. No wonder you can't find one. Most people who can afford leather seats on a Fit don't end up buying a Fit. They buy something larger instead — because they can afford it. Dealers only stock the low end models of low end cars. If you really l...
by finite_difference
Wed Nov 28, 2018 10:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Are Corp Bonds Worth Risk?
Replies: 66
Views: 6033

Re: Larry Swedroe: Are Corp Bonds Worth Risk?

I'm a little surprised that Fallen Angel High Yield Bonds weren't addressed. I know that Larry Swedroe doesn't specifically recommend Fallen Angel Bonds, but he has stated that there is sufficient justification for owning them. I'm curious to know if they still are justifyable after the ANGL and FA...
by finite_difference
Wed Nov 28, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: The "lure" of working from home vs getting a better job
Replies: 20
Views: 2184

Re: The "lure" of working from home vs getting a better job

Very simple. Move to be closer to your new job, or else negotiate upfront a telework agreement so that you only have to be at the office 1-2 days per week.
by finite_difference
Wed Nov 28, 2018 10:28 pm
Forum: Personal Investments
Topic: Investing all at once vs dollar cost averaging?
Replies: 39
Views: 2753

Re: Investing all at once vs dollar cost averaging?

1. Here's what I would do. Put half in now and the other half in equal installments over whatever dollar cost average time period you were considering. It's a perfect compromise. The other option I think is a good compromise is cutting your DCA period in half. If you planned on 12 months, do it in ...