Search found 459 matches

by PVW
Tue Jul 24, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Peak Oil, Reloaded?
Replies: 45
Views: 4047

Re: Peak Oil, Reloaded?

Meta4 wrote:
Tue Jul 24, 2018 1:03 pm
Anyway, what's the plan for Bogleheads?
Same thing I did during the last peak oil panic. Stay the course.
by PVW
Fri Jul 20, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3483

Re: How Unclaimed Property Laws Can Affect Retirees

Just a few months ago, my Dad got a warning msg related to his saving account saying the account had be suspended when he logged into Wells Fargo to check his balances/transactions. I called WFB, I'm listed as co-owner, and was told because there was no activity for 18 months, it was flagged as aba...
by PVW
Thu Jul 19, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: The other side of stock buybacks
Replies: 24
Views: 2382

Re: The other side of stock buybacks

Glockenspiel wrote:
Thu Jul 19, 2018 10:14 am
CEOs are fleecing the U.S. Treasury.
How are CEOs fleecing the US Treasury?

If you're saying they're making money off stock repurchases prompted by the recent tax cuts, then the same is true of any investor that owns stock in these companies. Are you also fleecing the US Treasury?
by PVW
Thu Jul 19, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9326

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Your brother sounds like a boglehead. Why do you have an emotional attachment to these stocks?
by PVW
Wed Jul 18, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Another student loan question
Replies: 24
Views: 1258

Re: Another student loan question

Reality check. Your income alone is about the same as the median household income in the US. Many families are living just fine on that income. If you are struggling to maintain your budget, then you are living beyond your means.
by PVW
Wed Jul 18, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: How Unclaimed Property Laws Can Affect Retirees
Replies: 36
Views: 3483

Re: How Unclaimed Property Laws Can Affect Retirees

Keep your contact information up to date. Pennsylvania is required to notify the owner before they take control of unclaimed property. This is an important piece of information that should have been included in the forbes article. http://www.klgates.com/new-amendments-to-pennsylvanias-unclaimed-prop...
by PVW
Fri Jul 13, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: ESPP Purchase/Sale Specifics
Replies: 6
Views: 364

Re: ESPP Purchase/Sale Specifics

Since the same idea may apply for several thousand employees (22k total) all trying to do the same thing at the same time, has anyone seen a situation where the first trading day of the New Year has resulted in a gap down situation which could erode a good portion of that potential 15% or more gain...
by PVW
Thu Jul 12, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: College Costs - Debt staying steady, Parents picking up the rest of tab
Replies: 4
Views: 638

Re: College Costs - Debt staying steady, Parents picking up the rest of tab

I wonder if the change in the trend of student debt is due to the crackdown on for-profit colleges. The data on average student and parental debt load doesn't really tell us much about the changing financial burden of educational loans. More meaningful data would be the median debt of students that ...
by PVW
Thu Jul 12, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Compensation
Replies: 21
Views: 3849

Re: Compensation

DoctorPhysics wrote:
Wed Jul 11, 2018 2:07 am
How do you folks find out if you are bring compensated competively and fairly?

Websites? H1B info?
Some bogleheads might have an opinion on whether you are fairly compensated. If you're comfortable, post your details and you might get some feedback.
by PVW
Wed Jul 11, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Neighbor’s Contractor Damaged Adjoining Property
Replies: 30
Views: 2406

Re: Neighbor’s Contractor Damaged Adjoining Property

AZAttorney11 wrote:
Mon Jul 09, 2018 4:43 pm
And I don't know why non-lawyers are so quick to chime in with their thoughts / suggestions.
Because most "legal" matters are done by laymen. I think it is pretty clear that most people are offering their laymen's opinion of the best course of action.
by PVW
Fri Jul 06, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: How to tip
Replies: 87
Views: 6017

Re: How to tip

I usually tip 20% on the post tax amount because I want to be generous. It looks like I'm not the only one who does this and it will probably become the norm before too long.
by PVW
Tue Jul 03, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Rodents ate my car!
Replies: 61
Views: 5970

Re: Rodents ate my car!

pennylane wrote:
Tue Jul 03, 2018 3:22 pm
Hockey10 wrote:
Tue Jul 03, 2018 12:14 pm
Trade the Toyota in for a Honda
This.
Apparently Honda has the same problem.

https://www.nbcnews.com/business/autos/ ... it-n504746
by PVW
Tue Jul 03, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Rodents ate my car!
Replies: 61
Views: 5970

Re: Rodents ate my car!

A relative told me to get on board a class action lawsuit against Toyota. I tried searching the web for such a thing. Whereas it is trivial to find articles such as 'Joe Sixpack initiated a class action lawsuit against Toyota for rodent damage', I can't find anything about how to join an extant cla...
by PVW
Mon Jul 02, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 5208

Re: bike helmets

Not wearing a helmet while bicycling is stupid. Why? Social convention, nothing more. Bike riding is perceived as a higher risk activity and wearing a helmet is a normal precaution. Conversely, if you were to wear a helmet when walking, driving, bathing, etc., then that's an extraordinary precautio...
by PVW
Mon Jul 02, 2018 9:30 am
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 5208

Re: bike helmets

Thanks WB. I guess I would love to hear your opinion or others‘ opinion about why the writing is slipshod / conclusion not valid, rather than that is “just garbage.” I am open to learning and respect opinions. The blog post is an opinion piece with some cherry picked evidence to support the writer'...
by PVW
Fri Jun 29, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: Please help find these shoes for an old lady
Replies: 32
Views: 3771

Re: Please help find these shoes for an old lady

kayanco wrote:
Fri Jun 29, 2018 10:23 am
Can you please share how you found it?
The key piece of information provided by another poster was the Gel-Pak logo. Then with Google Image and some persistence, it finally came up.
by PVW
Fri Jun 29, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Please help find these shoes for an old lady
Replies: 32
Views: 3771

Re: Please help find these shoes for an old lady

Sold by Walmart. Apparently no longer available. https://www.walmart.com/ip/Dr-Scholl-s-Women-s-Nicky-Gel-Pac-Thong-Sandals/12545061 They have similar ones, but I don't see any that are in stock. https://www.walmart.com/ip/Dr-Scholl-s-Women-s-Nola-Gel-Pac-Thong-Sandals/12545055 https://www.walmart.c...
by PVW
Thu Jun 28, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Inspection on home we wish to purchase - questions i should ask
Replies: 23
Views: 1494

Re: Inspection on home we wish to purchase - questions i should ask

Radon, asbestos and lead paint are the ones that cause problems because you don't know a problem exists and chronic exposure can cause long term health problems. I own an old house, build about the same time as the one you're looking at, and my inspector offered a radon test, but I don't recall him ...
by PVW
Thu Jun 28, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: what to use to patch small holes in plaster(?) ceiling?
Replies: 10
Views: 764

Re: what to use to patch small holes in plaster(?) ceiling?

1/2 inch is too big, but for smaller holes toothpaste will last long enough to pass your move-out inspection.
by PVW
Thu Jun 28, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Is today's furniture market wackier than ever?
Replies: 18
Views: 2589

Re: Is today's furniture market wackier than ever?

There are several categories of products that I think are expense and difficult to evaluate quality. They're usually durable products that people tend to buy only once every few years or decade. Furniture, appliances, mattresses, tires, home windows. All of these items are frequently sold at signifi...
by PVW
Wed Jun 27, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: House seller fudging disclosure re: buried oil tank?
Replies: 36
Views: 4391

Re: House seller fudging disclosure re: buried oil tank?

Over two years ago, I investigated a foreclosure listed by Fannie Mae in an excellent neighborhood. I toured the house twice and walked away. Someone else bought it, gutted it, has lived in it, and has now listed it for sale. Lots of work was done, and we started doing ground work prior to a showin...
by PVW
Wed Jun 27, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: How to spend it all
Replies: 14
Views: 2281

Re: How to spend it all

In 2012, Vanguard said a 6.6% withdrawal rate would get you 15 years with a 85% success rate.
http://www.vanguard.com/pdf/s325.pdf

I say spend like a sailor on shore leave. Then when you run out of money, move in with relatives, but let them think you're still loaded.
by PVW
Wed Jun 27, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: Are we just way over complicating this?
Replies: 113
Views: 7904

Re: Are we just way over complicating this?

For me it's mostly sport. But also I lean on Bogleheads as a support group to help fight off investing impulses.

Post a thread about getting out of this expensive market, and then see if you think we are all over thinking personal investing.
by PVW
Mon Jun 25, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: College: extraneous expenses
Replies: 32
Views: 3128

Re: College: extraneous expenses

As a fellow college student, I recommend looking for PDFs of textbooks online before spending a dime at the student store/Amazon/etc. I have friends who are seniors that downloaded every single one of their textbooks for free. Don't use illegitimate free copies. You must write textbooks for a livin...
by PVW
Fri Jun 22, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: What do we mean when we say "HCOL vs LCOL" location?
Replies: 34
Views: 2966

Re: What do we mean when we say "HCOL vs LCOL" location?

heyyou wrote:
Fri Jun 22, 2018 2:58 pm
Someday Shiller or others, will have a ratio of income levels to cost of housing per sq. foot, so each area will have a relative COL ratio.
The future is now
https://www.nar.realtor/research-and-st ... lity-index
by PVW
Fri Jun 22, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: DNA ancestry testing
Replies: 88
Views: 9312

Re: DNA ancestry testing

They can use my DNA to find unknown criminals related to me with my blessings. The Golden State Killer would still be walking the streets if not for familial DNA matching. If I had a monster in my family I certainly would like to know about it, and fully support the use by law enforcement to pursue...
by PVW
Fri Jun 22, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: What do we mean when we say "HCOL vs LCOL" location?
Replies: 34
Views: 2966

Re: What do we mean when we say "HCOL vs LCOL" location?

High and low are relative numbers. I believe most people are using comparisons relative to the average cost of living in the USA. For those numbers, look up the Cost of Living Index and this will give you numbers relative to the average. e.g., here is a table from 2010 that google turned up https://...
by PVW
Fri Jun 22, 2018 7:18 am
Forum: Personal Consumer Issues
Topic: Outdoor Wooden Steps Repair?
Replies: 19
Views: 1337

Re: Outdoor Wooden Steps Repair?

Most wood fillers won't stand up to repeated loading due to foot traffic and thermal cycling. I'm not experienced enough to recommend a good one, but if you try it, go with a durable one like epoxy - you are going to paint over it so no need to worry about color matching. "Wood filler" often means ...
by PVW
Thu Jun 21, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: Outdoor Wooden Steps Repair?
Replies: 19
Views: 1337

Re: Outdoor Wooden Steps Repair?

Most wood fillers won't stand up to repeated loading due to foot traffic and thermal cycling. I'm not experienced enough to recommend a good one, but if you try it, go with a durable one like epoxy - you are going to paint over it so no need to worry about color matching. "Wood filler" often means s...
by PVW
Thu Jun 21, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: DNA ancestry testing
Replies: 88
Views: 9312

Re: DNA ancestry testing

Here is an interesting article about trying to remove your DNA info from the testing companies. Apparently it is illegal, in some cases, to delete this information. https://www.bloomberg.com/news/articles/2018-06-15/deleting-your-online-dna-data-is-brutally-difficult My concern with only removing id...
by PVW
Wed Jun 20, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: 1st Car Mechanic service experience
Replies: 41
Views: 2622

Re: 1st Car Mechanic service experience

I get my car serviced at the dealership. I feel I'm getting over charged and under serviced. I recently bought a new make of car so I've switched dealerships. So far I've gotten adequate service (but still overcharged), but that only includes 2 oil changes and a warranty repair on a burnt out tail l...
by PVW
Wed Jun 20, 2018 12:57 pm
Forum: Forum Issues and Administration
Topic: Is there a way to block someone?
Replies: 22
Views: 3586

Re: Is there a way to block someone?

This is what you get with a public forum. People are contributing their expertise for free. Peoples' expertise doesn't always align with the OP's request, but they contribute what they can. Sometimes the conversation veers from the course I would like it to take. I move on.
by PVW
Wed Jun 20, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: Surprise - Costco sells - but does not install vehicle batteries
Replies: 85
Views: 6647

Re: Surprise - Costco sells - but does not install vehicle batteries

I would guess that the cost of storage and disposal of the old batteries is likely what Costco is trying to avoid. Car batteries are easily recycled. Some sources claim they are the most recycled items in the world with a 99% recycle rate. Many places will pay you for used lead acid batteries. I ju...
by PVW
Tue Jun 19, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Shorting Amazon
Replies: 44
Views: 4813

Re: Shorting Amazon

At the valuation Amazon is at if it stumbles it won't touch the sides as it goes down. The whole business model will then come into question -- the pursuit of growth over profits. So if it goes wrong, expect it to then go very wrong, and to completely derate (ie PE ratio fall). Amazon's business mo...
by PVW
Tue Jun 19, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 9210

Re: gray hair

atlanta_dad wrote:
Tue Jun 19, 2018 12:34 pm
wife and kids are stressing to color, I am thinking of going for it.
If you give in to this, next thing is they'll be forcing you to trim your ear hair. Where does it end?
by PVW
Tue Jun 19, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Shorting Amazon
Replies: 44
Views: 4813

Re: Shorting Amazon

At the valuation Amazon is at if it stumbles it won't touch the sides as it goes down. The whole business model will then come into question -- the pursuit of growth over profits. So if it goes wrong, expect it to then go very wrong, and to completely derate (ie PE ratio fall). Amazon's business mo...
by PVW
Tue Jun 19, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Shorting Amazon
Replies: 44
Views: 4813

Re: Shorting Amazon

Ask me tomorrow if you should have shorted it today.
by PVW
Mon Jun 18, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Equity Offer
Replies: 8
Views: 993

Re: Equity Offer

I got one of these. If I recall, they are getting a 20% stake in your home, so they will get 20% of the sale price when you sell it. My belief is that the "scam" is they will undervalue your current value so they will be buying 20% at a great discount.
by PVW
Mon Jun 18, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: What is the largest charitable action you have performed in your life?
Replies: 10
Views: 924

Re: What is the largest charitable action you have performed in your life?

For many years, I contributed $50 per month to my workplace United Way fund drive.

Then one year some statement about increasing these contributions showed up in everyone's boilerplate job performance goals. I stopped contributing.
by PVW
Fri Jun 15, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: New Employer - Need 401k rollover Advice!
Replies: 2
Views: 325

Re: New Employer - Need 401k rollover Advice!

I'm a big fan of simplicity, but I've kept retirement accounts from an employer that I left more than 10 years ago. They have good fund options and the accounts are managed by the same company as my current 401k. If I was making the decisions - Since your old 401k has funds you are happy with, there...
by PVW
Tue Jun 12, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 5655

Re: How do you celebrate (potty trained kid) milestone with your spouse?

A participation trophy and some avocado toast. Why the passive aggression? Did someone spit in your Metamucil this morning? :beer Right. Sorry to pile on with the "I don't understand kids these days" theme. Back in my day, you had to teach kids to go in an outhouse and forget teaching them to wipe ...
by PVW
Mon Jun 11, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 3684

Re: How to convince my co-worker to invest more?

Did your co-worker ask for your advice? If the answer is no, then stay out of it, it's none of your business. Well, yeah. He asks me questions all the time like "What's the difference between an IRA and a 401k?" When we switched 401k providers last year, everyone on my team met in my office to ask ...
by PVW
Mon Jun 11, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 3684

Re: How to convince my co-worker to invest more?

Changing someone's attitude toward personal finance can be like changing their politics.

Share your wisdom, limit your expectations of action. Maybe you can gain his respect and serve as a mentor. Maybe this effort will just be practice for the next student.
by PVW
Mon Jun 11, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: College: extraneous expenses
Replies: 32
Views: 3128

Re: College: extraneous expenses

anonymousboglehead wrote:
Sun Jun 10, 2018 12:16 pm
As a fellow college student, I recommend looking for PDFs of textbooks online before spending a dime at the student store/Amazon/etc. I have friends who are seniors that downloaded every single one of their textbooks for free.
Don't use illegitimate free copies.
by PVW
Fri Jun 08, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Renter's Insurance for College Dorm
Replies: 32
Views: 2485

Re: Renter's Insurance for College Dorm

Liability claims would probably be taken up with the university. So I wouldn't purchase liability coverage. If you have valuable personal belongings that you cannot afford to lose, then it might be worthwhile, but know what you are getting with renter's insurance. Most insurance will pay you for the...
by PVW
Fri Jun 08, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: College: extraneous expenses
Replies: 32
Views: 3128

Re: College: extraneous expenses

What are your current "extraneous" expenses? Knowing these will get you part way there. Other extraneous expenses are highly variable. For me, it was significantly influenced by my social life. All my friends came from similar financial backgrounds and we all had similar entertainment expenses (most...
by PVW
Fri Jun 08, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Illiteracy’s High Cost
Replies: 30
Views: 4106

Re: Larry Swedroe: Financial Illiteracy’s High Cost

Financial Literacy or Personal Finance, call it what you may is required in high schools in some states. I know for fact that Virginia requires all students to take the class if they wish to graduate. They must also pass a personal finance final national standardized test in order to get that diplo...
by PVW
Mon Jun 04, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Illiteracy’s High Cost
Replies: 30
Views: 4106

Re: Larry Swedroe: Financial Illiteracy’s High Cost

I agree with this statement: "The fact that our educational system has failed to provide much of the public with what I would consider even a basic level of financial literacy certainly is a tragedy." I don't support this statement: "But perhaps the bigger tragedy is that so many apparently would ra...