Search found 3900 matches

by hsv_climber
Thu Mar 14, 2013 12:34 pm
Forum: Personal Consumer Issues
Topic: Credit Cards [Bad Experience]
Replies: 40
Views: 5396

Re: Credit Cards [Bad Experience]

Did you call the Chase "reconsideration" line? When I applied online, I got wait listed, when I usually get immediate approval. I waited a day then called the Chase phone number. They said I had too much credit already issued (20k on the United card, 30k on the CSP), so all I had to do was transfer...
by hsv_climber
Thu Mar 14, 2013 12:09 pm
Forum: Personal Consumer Issues
Topic: Credit Cards [Bad Experience]
Replies: 40
Views: 5396

Re: Credit Cards [Bad Experience]

American Express Gold is not $500 cash back. It is 50,000 points. The best redemption that I saw was for $500 HomeDepot gift cards, but I don't want that, since I would not be able to spend that much @ HomeDepot and lazy to sell. So, I have not applied for this card yet. Otherwise, you'd need to con...
by hsv_climber
Wed Mar 13, 2013 4:10 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Defends His Investment Advice
Replies: 120
Views: 18825

Re: Dave Ramsey Defends His Investment Advice

After reading this thread, Dave Ramsey reminds me of a shepherd who is leading sheep through green pastures (reducing debt) to a slaughter house (high fees, ELPs, 100% stocks, 8% withdrawal, etc.).
by hsv_climber
Wed Mar 13, 2013 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Living with Less. A Lot Less (NYTimes Article)
Replies: 74
Views: 12470

Re: Living with Less. A Lot Less (NYTimes Article)

How are camping and staying in a hotel comparable? It's apples and oranges. I can't camp on my visit to London or Tokyo, can I? If all you do is outdoorsy vacations, great! That's not true for most people, I think. http://www.visitlondon.com/where-to-stay/caravan-and-camping http://traveltips.usato...
by hsv_climber
Wed Mar 13, 2013 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Living with Less. A Lot Less (NYTimes Article)
Replies: 74
Views: 12470

Re: Living with Less. A Lot Less (NYTimes Article)

My comment about skis had to to with the cost breakdown that was previously given and how renting for someone who doesn't ski/camp, etc. very often, is far cheaper than owning for the same quality of gear. Sorry, but I think you probably have not read my post carefully and just browsed through it. ...
by hsv_climber
Wed Mar 13, 2013 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Living with Less. A Lot Less (NYTimes Article)
Replies: 74
Views: 12470

Re: Living with Less. A Lot Less (NYTimes Article)

I'm calculating this differently. I'm using the cost to purchase a two-bedroom place versus a one-bedroom place. The cost difference is roughly $30,000 for an extra bedroom. That buys a lot of hotel rooms and I don't have an empty room sitting there un-used or poorly used because I have a bed in it...
by hsv_climber
Wed Mar 13, 2013 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Living with Less. A Lot Less (NYTimes Article)
Replies: 74
Views: 12470

Re: Living with Less. A Lot Less (NYTimes Article)

What always puzzles me with these minimalist articles is that they just don't make practical sense. Think about it that way - whenever this guy travels, he has to stay in a hotel (not too many hostels in US), he has to rent skis, he has to rent bicycle, he has to rent camping equipment, and so on. ...
by hsv_climber
Wed Mar 13, 2013 10:00 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Defends His Investment Advice
Replies: 120
Views: 18825

Re: Dave Ramsey Defends His Investment Advice

Is it another one of "Dave Ramsey threads" ( http://lmgtfy.com/?q=Dave+Ramsey+site%3Abogleheads.org ) where reasonable people are trying to convince other people not to take investment advice from TV/Radio commentators whose salaries are depended on providing you with the bad advice?
by hsv_climber
Mon Mar 11, 2013 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Living with Less. A Lot Less (NYTimes Article)
Replies: 74
Views: 12470

Re: Living with Less. A Lot Less (NYTimes Article)

What always puzzles me with these minimalist articles is that they just don't make practical sense. Think about it that way - whenever this guy travels, he has to stay in a hotel (not too many hostels in US), he has to rent skis, he has to rent bicycle, he has to rent camping equipment, and so on. S...
by hsv_climber
Tue Mar 05, 2013 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Strategy
Replies: 21
Views: 5340

Re: Early Retirement Strategy

ETA : The linked author also states in the summary post "If you can get 25 times your annual spending saved up and working for you, that is enough to live off – forever." I get the distinct sense that many here do not fully agree with that statement. I know that I don't. It is correct considering t...
by hsv_climber
Tue Mar 05, 2013 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Strategy
Replies: 21
Views: 5340

Re: Early Retirement Strategy

MMM's definition of retirement, is "do not work in a corporate job". It is not even FI.
Like he said, it is his right to define it however he likes on his blog; however, it would be quit foolish for others to accept his definition.
by hsv_climber
Tue Mar 05, 2013 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Too heavy in cash
Replies: 15
Views: 2422

Re: Too heavy in cash

We've reached a top in the market when I hear someone 5 years away from retirement say they are "too heavy in cash". Now is not the time to be taking excessive risk - that is what your equity portfolio is for. Cramer is saying that NOW is an excellent time to buy...: http://finance.yahoo.com/news/c...
by hsv_climber
Sun Mar 03, 2013 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Extreme Snowbirding
Replies: 38
Views: 3034

Re: EXTREME Snowbirding

I see just the opposite in the US Map of longevity by state. See here http://en.wikipedia.org/wiki/List_of_U.S._states_by_life_expectancy That map seems to suggest that COLD weather is much better! Please look at it. If one just goes by geography this map says most of the cold states are better and...
by hsv_climber
Sun Mar 03, 2013 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Extreme Snowbirding
Replies: 38
Views: 3034

Re: EXTREME Snowbirding

It's tough when you want to be in the place everyone wants to be at the same time they all want to be there. It is probably the opposite. Families with kids (the largest % of the population?) tend to visit Florida in the Summer. Snowbirding retirees are such a small % of the population that they ca...
by hsv_climber
Fri Mar 01, 2013 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: HSA investing- Is buying TIPS ETF good for safety?
Replies: 7
Views: 709

Re: HSA investing- Is buying TIPS ETF good for safety?

I suggest while you are looking around for something that you simply plot or chart the "growth of" the investment over the past several years with the Morningstar "growth of" chart. Then you can decide for yourself if you can stomach the volatility (i.e. losses) that your choice has shown in the pa...
by hsv_climber
Fri Mar 01, 2013 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: HSA investing- Is buying TIPS ETF good for safety?
Replies: 7
Views: 709

Re: HSA investing- Is buying TIPS ETF good for safety?

You can either invest ultra safe or try to keep with inflation / beat it, but you can't do both with bond ETFs right now.
by hsv_climber
Fri Mar 01, 2013 3:54 pm
Forum: Investing - Theory, News & General
Topic: Only after a 150% stock market rally in 4 years...
Replies: 115
Views: 14839

Re: Only after a 150% stock market rally in 4 years...

EDN, you are cherry-picking data. Valuethinker post is correct. Lets take a look at FTSE Dec.31, 1972 to Jan.1, 1980 12/31/1972 -> FTSE index value 218.8 01/01/1980 -> FTSE index value 229.79 Source: http://www.finfacts.com/Private/curency/ftseperformance.htm In other words, <1% nominal return + div...
by hsv_climber
Thu Feb 28, 2013 1:49 pm
Forum: Personal Consumer Issues
Topic: Would you seriously date someone with $300K in debt?
Replies: 85
Views: 5439

Re: Would you seriously date someone with $300K in debt?

Toons wrote: The number 1 reason for divorce is Finances,not what most would guess :shock:
Not even top 5.

Sources: http://www.divorce.usu.edu/files/uploads/Lesson3.pdf , http://women.ygoy.com/top-ten-reasons-for-divorce/
by hsv_climber
Thu Feb 28, 2013 11:15 am
Forum: Personal Consumer Issues
Topic: Would you seriously date someone with $300K in debt?
Replies: 85
Views: 5439

Re: Would you seriously date someone with $300K in debt?

Despite the difficulty in understanding what the heck she was thinking, at least in terms of looking at her debt-income ratio, she is very low-maintenance and thrifty. I think she can be a good Boglehead. Just when I'm a year or two away from complete freedom from debt, this aspect of her life kind...
by hsv_climber
Thu Feb 28, 2013 11:11 am
Forum: Personal Consumer Issues
Topic: Would you seriously date someone with $300K in debt?
Replies: 85
Views: 5439

Re: Would you seriously date someone with $300K in debt?

It depends on how she got the loans. If she got the loans strictly from paying for the law school & college then it is not a big deal.
It is the character that matters, not the money.
by hsv_climber
Wed Feb 27, 2013 8:43 pm
Forum: Investing - Theory, News & General
Topic: Taleb and Kahneman: Antifragility vs. common-man attitudes
Replies: 147
Views: 15915

Re: Taleb and Kahneman: Antifragility vs. common-man attitud

Here is more info about heuristics vs expert: We proposed that they used resemblance as a simplifying heuristic (roughly, a rule of thumb) to make a difficult judgment. The reliance on the heuristic caused predictable biases (systematic errors) in their predictions. In particular, the accurate intui...
by hsv_climber
Wed Feb 27, 2013 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying Portfolio for Early Retirement - Thoughts?
Replies: 14
Views: 1634

Re: Simplifying Portfolio for Early Retirement - Thoughts?

That 75/25 AA looks very risky for me for near ER (Early Retirement), but it is your choice. You can win ... or lose.
by hsv_climber
Tue Feb 26, 2013 12:28 pm
Forum: Investing - Theory, News & General
Topic: Taleb and Kahneman: Antifragility vs. common-man attitudes
Replies: 147
Views: 15915

Re: Taleb and Kahneman: Antifragility vs. common-man attitud

He advocates living in cosmopolitan major cities and yet criticizes those who use air conditioning and central heating as "anti-fragile". protagonist, it is even worse than your above statement. He criticizes the use of A/C, but does not criticize heating . Victoria might want to re-read this porti...
by hsv_climber
Tue Feb 26, 2013 9:53 am
Forum: Investing - Theory, News & General
Topic: Only after a 150% stock market rally in 4 years...
Replies: 115
Views: 14839

Re: Only after a 150% stock market rally in 4 years...

Why do some of you talk like fixed income is the same as negative real return? I-bonds ($10k / person, $20k / couple) - 0% real EE-bonds ($10k / person, $20k / couple) - 3.5% nominal over 20 years 20+ year TIPS - positive real return. Recent 30 year auction: 0.6*% real return Also: Compass Bank 5+% ...
by hsv_climber
Mon Feb 25, 2013 6:29 pm
Forum: Investing - Theory, News & General
Topic: Taleb and Kahneman: Antifragility vs. common-man attitudes
Replies: 147
Views: 15915

Re: Taleb and Kahneman: Antifragility vs. common-man attitud

My point is that, to be fair, it's possible Taleb's writing in Antifragile got in the way of his message, his points, and ideas. I don't think so. It is not the writing that has bothered me, but the message. And the message is "I am the CHOSEN ONE, so do as I say. You should do XYZ...". But XYZ is ...
by hsv_climber
Mon Feb 25, 2013 5:45 pm
Forum: Investing - Theory, News & General
Topic: Teaching children to invest
Replies: 10
Views: 1208

Re: Teaching children to invest

Quickfoot wrote:since she was 1.5 I have explained budgeting....
My kids are older, but they probably still don't know the meaning of this word. I really want to see the reaction of 1.5 year old who is taught budgeting as her bedtime story.
by hsv_climber
Mon Feb 25, 2013 5:43 pm
Forum: Investing - Theory, News & General
Topic: Teaching children to invest
Replies: 10
Views: 1208

Re: Teaching children to invest

1. I don't think whatever you teach her will make any difference, since it has been shown that what kids most likely do is to copy their parents. In other words, she will learn from what you are doing with your financial life, not from what you are teaching her. 2. 4-year old saving money??? Serious...
by hsv_climber
Fri Feb 22, 2013 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing Need Portfolio Help
Replies: 8
Views: 676

Re: New to Investing Need Portfolio Help

Given that info, I'd put 100% into Vanguard Target Retirement Fund 2040 (2050?)
by hsv_climber
Fri Feb 22, 2013 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: First EE Bond Purchase
Replies: 21
Views: 1424

Re: First EE Bond Purchase

I recommend you to buy a dartboard, put your desired dates to buy EE bonds on the board, throw a dart and stick with that very important decision.
Otherwise, the difference between different buying dates & assuming that you plan to hold for 20 years, will be about the price of the dartboard.
by hsv_climber
Thu Feb 21, 2013 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Inflation.....I have not seen much in 10 years
Replies: 56
Views: 3802

Re: Inflation.....I have not seen much in 10 years

All day-to-day prices are significantly up in February around here. Today's CPI report is not showing that yet, but groceries & gas are up by 10+% just in February.
Average US gas prices went up from 3.20 in Jan. to 3.60 in February. That is 10+%. Food has followed.
by hsv_climber
Thu Feb 21, 2013 10:19 am
Forum: Personal Consumer Issues
Topic: Gift Cards Article [Allan Roth]
Replies: 26
Views: 1846

Re: Gift Cards Article [Allan Roth]

IMHO Allan Roth is just uninformed on this subject. But I am probably glad to see these types of articles.
by hsv_climber
Wed Feb 20, 2013 2:37 pm
Forum: Personal Consumer Issues
Topic: That Frugal Thing You Do
Replies: 571
Views: 134109

Re: That Frugal Thing You Do

So basically, you buy $200 worth of gift cards, get the 5% cash back and use the gift cards for gas when the categories are different. Let us know how that works out. Almost seems to simple. Chase has and will use the right of closing a credit card for "perk abuse". However, $200 * 0.05 = $10 will ...
by hsv_climber
Wed Feb 20, 2013 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Can I stop saving and just coast now? (Early retirement)
Replies: 38
Views: 3868

Re: Can I stop saving and just coast now? (Early retirement)

gkaplan wrote:Whatever happened to the work ethic?
It has followed the footsteps of employer loyalty.
by hsv_climber
Wed Feb 20, 2013 11:24 am
Forum: Personal Consumer Issues
Topic: Bicycle touring with wife on a tandem
Replies: 3
Views: 822

Re: Bicycle touring with wife on a tandem

You could've avoided a lot of noob troubles by simply reading articles about tandems on Sheldon Brown website.
by hsv_climber
Fri Feb 15, 2013 2:13 pm
Forum: Investing - Theory, News & General
Topic: 30 year TIPs auction Feb 21 (announcement Feb 14)
Replies: 73
Views: 5984

Re: 30 year TIPs auction Feb 21 (announcement Feb 14)

Vanguard now shows this message when someone is trying to buy bonds at auction. 8-) On August 5, 2011, Standard & Poor's lowered its rating on long-term U.S. government debt to AA+. On July 13, 2011, Moody's placed the Aaa bond rating of the U.S. government on review for possible downgrade. There is...
by hsv_climber
Fri Feb 15, 2013 11:48 am
Forum: Investing - Theory, News & General
Topic: Stocks are at a 5 year high, now what?
Replies: 55
Views: 8975

Re: Stocks are at a 5 year high, now what?

It is now called the "Great Rotation".
Retail investors in January plowed a record $30 billion into stocks and exchange traded stock funds (ETFs). This is the fastest inflow since 2000.
by hsv_climber
Thu Feb 14, 2013 7:12 pm
Forum: Investing - Theory, News & General
Topic: 30 year TIPs auction Feb 21 (announcement Feb 14)
Replies: 73
Views: 5984

Re: 30 year TIPs auction Feb 21 (announcement Feb 14)

When 30-year TIPS had 3% real yield, 30-year nominals had 6% nominal rate. Given US projected inflation of ~3% at that time, it was a wash.
by hsv_climber
Thu Feb 14, 2013 3:38 pm
Forum: Investing - Theory, News & General
Topic: Average 401k balance$
Replies: 25
Views: 22980

Re: Average 401k balance$

One more thing about 401k... Let say a person A goes from job to job to job every year while maxing out his 401K contribution. Fidelity will most likely show him at $17K, since other accounts would be Rollover IRAs.
by hsv_climber
Thu Feb 14, 2013 3:35 pm
Forum: Investing - Theory, News & General
Topic: Average 401k balance$
Replies: 25
Views: 22980

Re: Average 401k balance$

Not every person uses Fidelity. And even those who do, often have IRA accounts at other places in the same time.
by hsv_climber
Thu Feb 14, 2013 3:32 pm
Forum: Personal Consumer Issues
Topic: Any Arbitron raters here?
Replies: 12
Views: 1189

Re: Any Arbitron raters here?

Petrocelli wrote: I understand that part of the deal is that you wear some small device that tracks your ratings.
Over the watch?
by hsv_climber
Thu Feb 14, 2013 10:54 am
Forum: Personal Consumer Issues
Topic: Home Improvement
Replies: 11
Views: 844

Re: Home Improvement

roof replacement that is absolutely necessary (end of useful life)
Wait for the next hail storm and then file insurance claim. Insurance should pay for the roof replacement (minus deductible).
by hsv_climber
Wed Feb 13, 2013 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: 'Running out of money'?
Replies: 14
Views: 2210

Re: 'Running out of money'?

A few notes: - It depends on how big are your friends SS check. If they've worked their entire lives at ~$30k / year jobs and retired at the age of 65-67 then SS checks would be only slightly less than their take home pay during working years. Many people on this forum make and spend much more than ...
by hsv_climber
Wed Feb 13, 2013 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Year of low income
Replies: 3
Views: 883

Re: Year of low income

I'd recommend to search the forum for livesoft's thread on how to pay $0 taxes in retirement, since all the same principles will apply to you.
by hsv_climber
Wed Feb 13, 2013 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey recommends 2 funds on the air
Replies: 53
Views: 22107

Re: Dave Ramsey recommends 2 funds on the air

I'll just repost Taylor's quote for those who are lazy enough to use the search button on this forum: Hi Joe: How can we convince Dave (in a loving way) that he is giving out bad investing advice and cowering to commission based investment firms? It is virtually impossible to convince someone of doi...
by hsv_climber
Wed Feb 13, 2013 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey recommends 2 funds on the air
Replies: 53
Views: 22107

Re: Dave Ramsey recommends 2 funds on the air

Nahum wrote: "Dave why would you invest in expensive funds especially one that has a load in it?
To get kickbacks from the American Funds (12b-1 fees are there for a reason) for pushing them to people who love him.
by hsv_climber
Mon Feb 11, 2013 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: March 1 Budget Recissions-Impact on Stocks and Investing?
Replies: 30
Views: 1365

Re: March 1 Budget Recissions-Impact on Stocks and Investing

NYBoglehead, Ok, I've already got it that you believe that nobody can beat the market. There is no reason to get defensive about it.
Like I said, just because you don't believe that certain things can happen does not mean that they are not happening.
by hsv_climber
Mon Feb 11, 2013 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: March 1 Budget Recissions-Impact on Stocks and Investing?
Replies: 30
Views: 1365

Re: March 1 Budget Recissions-Impact on Stocks and Investing

Sorry, not buying what you're selling. I'm assuming you've been involved in some short-selling for this February since you're obviously a believer in the strategy. Or were you planning on short selling in March, since earlier in the thread you were convinced that March was the month that "usually" ...
by hsv_climber
Mon Feb 11, 2013 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: March 1 Budget Recissions-Impact on Stocks and Investing?
Replies: 30
Views: 1365

Re: March 1 Budget Recissions-Impact on Stocks and Investing

NYBoglehead, because we are looking over data for the last 70+ years, not the last 3. So, if someone was using this strategy over the last 30-40 years, he'd still be far ahead despite losing money for the last 3 years. In fact, just selling short in Februrary during the last 2 big market drops (is n...
by hsv_climber
Mon Feb 11, 2013 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: March 1 Budget Recissions-Impact on Stocks and Investing?
Replies: 30
Views: 1365

Re: March 1 Budget Recissions-Impact on Stocks and Investing

NYBoglehead, all your "this year market was up in February" are already included in February being the worst month of the year, but it still is.