Search found 87 matches

by t3chiman
Mon Jan 11, 2016 10:17 am
Forum: Personal Investments
Topic: $1.3 Billion Jackpot - How would you invest it?
Replies: 76
Views: 7252

Re: $1.3 Billion Jackpot - How would you invest it?

... how would you invest a 1.3 billion dollar windfall .... The general strategy is to establish an LLC that manages investments and trusts. Have the corp receive the windfall. Then, hire experts to draw up and fund trusts for your relatives. You would be president and chairman; your spouse would b...
by t3chiman
Thu Dec 03, 2015 7:19 am
Forum: Investing - Theory, News & General
Topic: the agony and ecstasy of concentrated stock positions
Replies: 11
Views: 2007

Re: the agony and ecstasy of concentrated stock positions

... quite painful when a stock decides to blow up on you. I have had the painful experience of seeing Lucent, Nortel, and later AIG just crater. The losses particularly in Lucent were in the thousands of dollars. ...I was smart enough to diversify, diversify, diversify. Re corporate implosions, a l...
by t3chiman
Thu Oct 22, 2015 10:55 am
Forum: Personal Finance (Not Investing)
Topic: what can I do before someone who owes me money files for bankruptcy
Replies: 20
Views: 2950

Re: what can I do before someone who owes me money files for bankruptcy

...Is there anything that I can do now before he files for bankruptcy and would that help in anyway? In my (painful) experience in an analogous situation, no, and no. The money is gone. Accept that. You can hire an attorney, who, for a $5000 retainer and $300 per hour fee, will tell you that, in tw...
by t3chiman
Sun Sep 27, 2015 7:45 pm
Forum: Personal Consumer Issues
Topic: Any Regrets Getting Rid of Land Line?
Replies: 74
Views: 12879

Re: Any Regrets Getting Rid of Land Line?

...those that have cancelled their land line..... Did you do anything for emergency contingencies before you cancelled? Do you have any regrets? I held on to my landline, a real, tip/ring, 48VDC line, for years after it really was not necessary. I had reservations about Google Voice: good sound qua...
by t3chiman
Sun Sep 27, 2015 8:19 am
Forum: Personal Consumer Issues
Topic: Consumer items that are worth the initial investment?
Replies: 110
Views: 18284

Re: Consumer items that are worth the initial investment?

... Jan Łukasiewicz, the Polish philosopher and logician, created prefix notation, ... Let's hear it for Łukasiewicz! PJW In fact, the entire Lwów–Warsaw school of logic was hugely influential in the early 20th century, comparable in sophistication (if not in absolute size) to the more famous Vienn...
by t3chiman
Sat Sep 19, 2015 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Other Blogs/Forums read by Bogleheads
Replies: 33
Views: 4188

Re: Other Blogs/Forums read by Bogleheads

TallBoy29er wrote:... others have found to be thought provoking and helpful.
Naked Capitalism
New Economic Perspectives
Krugman (blog)

All are opinionated. All opinions are justified with quantitative arguments.
by t3chiman
Mon Sep 14, 2015 11:31 am
Forum: Investing - Theory, News & General
Topic: revisionist history in hedge funds
Replies: 13
Views: 1557

Re: revisionist history in hedge funds

... With 2% annual expense and 20% of profits (or even 1 and 10) they can easily afford a 30 second spot (or longer) on Super Bowl Sunday. And the "2 and 20" game, favorable as it is to the fund owners (i.e. the General Partners), is not played straight. Details are spelled out in a serie...
by t3chiman
Sat Sep 05, 2015 9:47 am
Forum: Personal Investments
Topic: Vanguard fund to save for a vehicle?
Replies: 11
Views: 2908

Re: Vanguard fund to save for a vehicle?

... So, has anyone taken this approach to pay for your vehicles?... Sure. It's quite common in business and government to establish a sinking fund for future capital expenditures. It's one way of financing big-ticket items, the other being borrowing (issuing bonds). In a sub-one-percent interest ra...
by t3chiman
Fri Sep 04, 2015 6:15 am
Forum: Personal Finance (Not Investing)
Topic: Storm water: Township dragging feet
Replies: 7
Views: 1052

Re: Storm water: Township dragging feet

... Due to slope of the road, storm water during heavy rain floods property driveway as well as basement. ...Is there anything that can be done here? ... I am not a lawyer; can't comment on the legalities. But I am a Professional Engineer. When water accumulates in an undesired location, there's on...
by t3chiman
Thu Sep 03, 2015 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Where to park $150-200k for a down payment on house in next 1-2 years
Replies: 14
Views: 2708

Re: Where to park $150-200k for a down payment on house in next 1-2 years

...the next couple of years. Where would you park your down payment as you are accumulating it and planning to buy in the next few years? ... Well, a few is different from 1 or 2. As you stretch out your time horizon, you can tolerate a bit more uncertainty in outcome. For example, one of the large...
by t3chiman
Sat Aug 01, 2015 1:21 pm
Forum: Personal Investments
Topic: Should I go federal government at age 40?
Replies: 15
Views: 3330

Re: Should I go federal government at age 40?

Become a federal employee if you can ... You'll get burned in the private sector in IT... A fed job is a rare privilege these days ... rgs92 expresses the situation with eloquence. In normal personal circumstances (home, family, dependents, etc.), grab the federal job and don't look back. Abnormall...
by t3chiman
Tue Jul 21, 2015 8:18 am
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 25524

Re: What 2008/09 has done to me

.... I remember hearing about the years of people working for IBM or EDS where employees would all dress alike or bleed the same color as the company logo. I have always found that to be odd. Of course, I think those people suffered more when they were suddenly let go. ... Yes, the three-letter-acr...
by t3chiman
Sun Jul 19, 2015 5:15 am
Forum: Personal Consumer Issues
Topic: Replacing wireless router - advice needed
Replies: 21
Views: 3313

Re: Replacing wireless router - advice needed

... wifi speed and range are better with separates than with a combo. Is that why you recommend a separate router? Combination of inertia, philosophy, and economics: When I switched from DSL to cable, I just swapped modems. So easy to retain my perfectly good router. Signal conversion and routing a...
by t3chiman
Sat Jul 18, 2015 10:26 pm
Forum: Personal Consumer Issues
Topic: Replacing wireless router - advice needed
Replies: 21
Views: 3313

Re: Replacing wireless router - advice needed

... separate modem and router or a combo?... Definitely go separates. Your modem should be fine to retain, as long as you are not upgrading you speed, and it's DOCSIS 3.0 compliant. As for the router, I use the ASUS RT-N66U. I think it is worthwhile for router firmware to get expert attention, so I...
by t3chiman
Sun Jul 12, 2015 11:01 pm
Forum: Personal Consumer Issues
Topic: Trip to Montreal Canada
Replies: 21
Views: 5975

Re: Trip to Montreal Canada

veena9111 wrote:...nearby places for day trips etc. ...
It would be a mistake not to visit Quebec City. Beautifully situated along the St Lawrence River; also lots of history re the Great Lakes, Midwest US and (of course) Canada.
HTH
by t3chiman
Sun Jun 28, 2015 11:40 am
Forum: Personal Consumer Issues
Topic: 2014 Lexus ES350
Replies: 37
Views: 14596

Re: 2014 Lexus ES350

... Both cars are old man cars.... I think that's a harsh observation. Not untrue, mind you--us old guys just prefer quiet, comfy rides in our Golden Years. Seat preference to some extent is a bit personal This is certainly valid. I note that the Avalon has 10-way adjustable seats. The added dimens...
by t3chiman
Thu Jun 25, 2015 11:25 pm
Forum: Personal Consumer Issues
Topic: 2014 Lexus ES350
Replies: 37
Views: 14596

Re: 2014 Lexus ES350

ciscovp wrote:...
Does the Avalon use premium gas? ....
I drive a 2014 Toyota Avalon Limited with the gas engine. It uses regular gas.
HTH
by t3chiman
Tue Jun 23, 2015 6:02 pm
Forum: Personal Consumer Issues
Topic: Your Top 10 Books
Replies: 64
Views: 15335

Re: Your Top 10 Books

A bit eclectic, and offered from a personal context of work in electronics circuits and computer systems [No time for that Herman Hesse stuff...]. Langewiesche, Stick and Rudder . Essays on airmanship, truly timeless. Think Newton, not Bernoulli. Cary (Ed.), From a Ruined Empire This one takes some ...
by t3chiman
Fri Jun 19, 2015 8:27 am
Forum: Personal Consumer Issues
Topic: Your Top 10 Bands and Top 10 Movies
Replies: 30
Views: 9918

Re: Your Top 10 Bands and Top 10 Movies

Not a band person, but for movies: War: Das Boot . When those rivets start popping.... Science Fiction: Blade Runner . "You like our owl?" Straight comedy: Take the Money and Run . "If he was a such a good boy, why are wearing these masks?" Romantic comedy: Choose Me . Genevieve ...
by t3chiman
Tue Jun 16, 2015 12:26 pm
Forum: Personal Consumer Issues
Topic: Most Beautiful Nature Destinations
Replies: 50
Views: 10304

Re: Most Beautiful Nature Destinations

What are some of the most beautiful nature destinations that you have seen or want to visit in the future? Have seen: Kauai, Yosemite NP, Whistler BC Canada Want to See US National Parks: Zion, Olympic, Acadia Canadian NP: Banff, Jasper New Zealand Some favorites so far: Yellowstone and Tetons : ge...
by t3chiman
Sun Jun 14, 2015 8:50 am
Forum: Personal Consumer Issues
Topic: Coffee - just starting out
Replies: 43
Views: 10370

Re: Coffee - just starting out

... espresso, their own unique vanilla/dairy powder, caramel and ice. I'd like to try to make something similar at home in the morning before work. ... For comparison purposes, you could order iced coffee at your local Vietnamese restaurant. Hot water is poured over a single dose of fine-ground cof...
by t3chiman
Tue Jun 02, 2015 10:11 am
Forum: Personal Consumer Issues
Topic: Bread Machines?
Replies: 41
Views: 5629

Re: Bread Machines?

texasdiver wrote: ... Anyone here still use one on a regular basis and is happy with it? ...
I had one of the better ones for a few years. It developed a leak in the paddle bearing. I switched to New York Times No-knead, baked in a cast iron pot. Never looked back.
by t3chiman
Sat May 30, 2015 12:07 pm
Forum: Personal Consumer Issues
Topic: .
Replies: 5
Views: 1064

Re: Water puddling around house

Hi, There are a few threads about the dangers of moderate areas of water puddling around one's house. The general consensus seems to be either it is an automatic "deal breaker" or to expect potentially expensive fixes. I just wanted to see if this general consensus holds true for buying a...
by t3chiman
Sat May 30, 2015 11:40 am
Forum: Personal Consumer Issues
Topic: Behavioral finance and restaurants
Replies: 72
Views: 10615

Re: Behavioral finance and restaurants

... Do you go out of your way to try a restaurant you have heard about? How far or how many minutes would you go? Where I live (Chicago) I can drive to 3000 restaurants in 45 minutes. But 99% of them represent poor value. Steak and chop places? Pasta and pizza? Tacos? I can replicate the food from ...
by t3chiman
Thu May 28, 2015 10:13 am
Forum: Personal Consumer Issues
Topic: Once in a life time trip.
Replies: 121
Views: 12839

Re: Once in a life time trip.

Where do you take 2 kids ( 8 year of age) on a vacation that they will never forget? Assuming you have saved 20K for this trip and 2 weeks. Yellowstone . Pay a guide from Friends of Yellowstone to show you around for a few days, then just revisit what you like. The place is immense and absolutely f...
by t3chiman
Wed May 06, 2015 10:17 am
Forum: Personal Consumer Issues
Topic: Wisconsin vacation ideas
Replies: 34
Views: 4402

Re: Wisconsin vacation ideas

My wife and I are looking to spend a few weeks in Wisconsin this July. There seems to be a lot to do and see.... Wisconsin has a surprisingly early association with the history of the United States. Some interesting historical notes: by 1660, the French missionaries had established a small mission ...
by t3chiman
Fri Apr 24, 2015 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Hypothetical "Can he pull the plug?" [Retire early]
Replies: 39
Views: 9863

Re: Hypothetical "Can he pull the plug?"

.... question is, in your opinion, is this guys situation viable should he opt to pull the plug? For much of the world's population, your situation is not just viable, it's downright enviable. You are being given a gift. Time, health, money. And freedom on top of it. In your shoes, I would travel a...
by t3chiman
Fri Apr 24, 2015 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Should I apply for manager's job or continue as a techie?
Replies: 145
Views: 17229

Re: Should I apply for manager's job or continue as a techie

"....would it be out of line for me to ask other co-workers if they are applying/interested in the position"? Since it is a skeleton crew, whoever takes the job would definitely needs everyone's support. Yes, it would be out of line. You are applying for your benefit; their interests are ...
by t3chiman
Fri Apr 24, 2015 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Should I apply for manager's job or continue as a techie?
Replies: 145
Views: 17229

Re: Should I apply for manager's job or continue as a techie

I admit that I have been in a rut. The question is what direction to go? I'm not asking what direction to go but how to figure out how to answer this question. There is SO MUCH to learn and know these days....you can spend all of your time learning something that you may never need to use. ... Take...
by t3chiman
Wed Apr 08, 2015 8:54 am
Forum: Personal Investments
Topic: Can I stop being unemployed and retire?
Replies: 14
Views: 4518

Re: Can I stop being unemployed and retire?

I was laid off in April 2014 and have been unable to find work since. .... Current total portfolio: $2,000,000 .... 1. Can I stop looking for work and just say that I am retired? Ah, a common situation. I can relate. [Late 50's, technologist, failed startup, aftermath of not-so-successful major sur...
by t3chiman
Wed Mar 25, 2015 11:58 am
Forum: Investing - Theory, News & General
Topic: Should a BH investor never use futures/options?
Replies: 70
Views: 7988

Re: Should a BH investor never use futures/options?

With a short option, all you can make is 100% (if it ends up worthless), but that doesn't make up for losing 1000% if the short position moves against you... The nightmare of unlimited losses from a short option position is possible only if your are writing naked calls. Writing covered call options...
by t3chiman
Wed Mar 25, 2015 10:15 am
Forum: Investing - Theory, News & General
Topic: Should a BH investor never use futures/options?
Replies: 70
Views: 7988

Re: Should a BH investor never use futures/options?

When should a long term buy and hold investor use futures/options? A truism: most purchased options expire worthless. A corollary: most options make money for their sellers. The classic amateur play is selling out of the money call options on stocks you own. It's easy to do, and can be fun, as long...
by t3chiman
Wed Mar 25, 2015 9:26 am
Forum: Personal Finance (Not Investing)
Topic: repair or replace old car?
Replies: 26
Views: 4165

Re: repair or replace old car?

My daily driver is a 1995 Lexus LS 400. Solid car. 194,000 miles on it, purchased at 175k or so from a local man in December 2013 for $3,600 and has run really well in the ensuing 15 months... ... do I dump around half the car's value into this single repair or do I spend $3-4k and get another LS? ...
by t3chiman
Mon Mar 23, 2015 1:00 pm
Forum: Personal Consumer Issues
Topic: Costco optical
Replies: 30
Views: 31152

Re: Costco optical

Has anyone used Costco optical and how satisfied were you ? I just got in progressive bifocals, hi-index plastic lenses, all the coatings, etc.. They are fine. Seem to have a bit broader focus depth for nearby objects, as compared with my previous pair. (purchased from a local chain a few years bac...
by t3chiman
Thu Mar 19, 2015 9:29 am
Forum: Personal Investments
Topic: Please help select a "safe" bond fund
Replies: 22
Views: 3168

Re: Please help select a "safe" bond fund

... they are taking on added risk..... Stan- Of course they are taking on added risk. But they really are experts. They manage the risk, and do well at it. Look at it this way: if, for the past 5 years, the original poster had plunked down $10k per year with them, she would now have $80k, not the $...
by t3chiman
Wed Mar 18, 2015 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best job offer: startup vs spinoff?
Replies: 18
Views: 2822

Re: Best job offer: startup vs spinoff?

Age: 29 Status: Single State: CA Income: 165k (salary) Net worth: 200k (Emergency fund + Stock 70% + Fixed Income 30%, kept in taxable and non-taxable accounts) I joined a startup two years ago as the very first non-founding engineer ... with a Fortune 500 company who is building an internal spinof...
by t3chiman
Wed Mar 18, 2015 12:44 pm
Forum: Personal Investments
Topic: Please help select a "safe" bond fund
Replies: 22
Views: 3168

Re: Please help select a "safe" bond fund

... I would be thrilled to receive a 3% annual return, if that is possible. ... I would also appreciate any other suggestions I have not considered. Thank you very much! If you want a higher yield, just have the experts at Vanguard do the selection for you. Vanguard High Dividend Yield Index Fund (...