Search found 5260 matches

by protagonist
Tue May 01, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: Yield Curves-Treasury, CD, AA/AAA muni
Replies: 93
Views: 9883

Re: Yield Curves-Treasury, CD, AA/AAA muni

MA state tax is flat 5.1% but goes up to 12% for interest in out of state banks. Wow, that's strange (to me at least). Makes analyzing alternatives more complicated. What counts as an out of state bank? Where the headquarters are? Whether or not they have branches in state? How does the state track...
by protagonist
Tue May 01, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: Yield Curves-Treasury, CD, AA/AAA muni
Replies: 93
Views: 9883

Re: Yield Curves-Treasury, CD, AA/AAA muni

I agree that, based on this week's T-bill rates as quoted here, https://www.bankrate.com/rates/interest-rates/treasury.aspx , that the 1 year or 2 year Treasuries are very competitive (2.24 and 2.48% respectively). I'd look at somewhere you can actually buy to see the yield you can actually get. Wh...
by protagonist
Tue May 01, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Yield Curves-Treasury, CD, AA/AAA muni
Replies: 93
Views: 9883

Re: Yield Curves-Treasury, CD, AA/AAA muni

I agree that, based on this week's T-bill rates as quoted here, https://www.bankrate.com/rates/interest-rates/treasury.aspx , that the 1 year or 2 year Treasuries are very competitive (2.24 and 2.48% respectively). There are also 2 year CDs listed on depositaccounts.com at 2.7-2.8% which seem like a...
by protagonist
Tue May 01, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?
Replies: 10
Views: 1515

Re: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?

I would never buy or sell a home without an attorney. On my last purchase, I caught things that the attorney did not. I agree. I also agree that attorneys can be sloppy, which is why I also went through the contract carefully myself (as I intend to do with the final accounting), and spoke with the ...
by protagonist
Tue May 01, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?
Replies: 10
Views: 1515

Re: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?

In Illinois, everyone uses an attorney. We also use an (expensive) title company. I understand they don't in some states. It is somewhat baffling to me as it is usually the biggest purchase of your life. When I sold not using a seller's agent, they presented the contract, which in my state, is stan...
by protagonist
Mon Apr 30, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: Maple syrup
Replies: 59
Views: 5435

Re: Maple syrup

Syrup grades were altered a few years back, it is all Grade A now with descriptors to distinguish the lighter grades (think stand-alone use) from darker grades (think baking). https://www.epicurious.com/ingredients/grade-b-maple-syrup-buying-guide-article That is a matter of taste. I always buy wha...
by protagonist
Fri Apr 27, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: Yield Curves-Treasury, CD, AA/AAA muni
Replies: 93
Views: 9883

Re: Yield Curves-Treasury, CD, AA/AAA muni

Hi Kevin. First, thanks for a great post and thoughful research. In your humble opinion, with bank accounts offering 2% interest, at what point do you think investing in a CD or Treasury is worth it today? Is it worth the lack of liquidity to milk an extra 1/2-1% , especially with rising rates? It c...
by protagonist
Fri Apr 27, 2018 8:02 pm
Forum: Personal Consumer Issues
Topic: Advice re: Flat Fee Real Estate Brokers.
Replies: 59
Views: 3687

Re: Advice re: Flat Fee Real Estate Brokers.

Follow-up.... I went with a flat-fee broker. Fee was $299 plus $125 for professional photos and video tour. This is in lieu of paying a seller's agent $5310 in commission on a $177000 sale. I got an offer I accepted within 2 weeks of listing. I did not feel that the lack of a dedicated seller's age...
by protagonist
Fri Apr 27, 2018 6:25 pm
Forum: Personal Consumer Issues
Topic: Advice re: Flat Fee Real Estate Brokers.
Replies: 59
Views: 3687

Re: Advice re: Flat Fee Real Estate Brokers.

Follow-up.... I went with a flat-fee broker. Fee was $299 plus $125 for professional photos and video tour. This is in lieu of paying a seller's agent $5310 in commission on a $177000 sale. I got an offer I accepted within 2 weeks of listing. I did not feel that the lack of a dedicated seller's age...
by protagonist
Fri Apr 27, 2018 6:04 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Perils Of Old Age
Replies: 94
Views: 11695

Re: Larry Swedroe: Financial Perils Of Old Age

This fits my in-laws: "Rosenblatt and Davis relate having heard people, usually the ones with the worst health habits, say something like, “I don’t care if I don’t live long, I just want to have a good time.” The same people naively believe that if you have a lifestyle and habits that leave you pro...
by protagonist
Fri Apr 27, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Advice re: Flat Fee Real Estate Brokers.
Replies: 59
Views: 3687

Re: Advice re: Flat Fee Real Estate Brokers.

Follow-up.... I went with a flat-fee broker. Fee was $299 plus $125 for professional photos and video tour. This is in lieu of paying a seller's agent $5310 in commission on a $177000 sale. I got an offer I accepted within 2 weeks of listing. I did not feel that the lack of a dedicated seller's agen...
by protagonist
Fri Apr 27, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buy vs. seasonally rent vacation property
Replies: 26
Views: 2747

Re: Buy vs. seasonally rent vacation property

Followup: The sales contract was just signed by both parties.

Getting rid of real estate really feels good. Hopefully the process will proceed smoothly.

Thanks to all above for helping me overcome inertia and finally listing the place.
by protagonist
Fri Apr 27, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?
Replies: 10
Views: 1515

Re: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?

Follow-up:

I hired a lawyer and the sales contract was just signed by both parties.

IMHO the legal representation is worth the extra money....if for no other reason, for peace of mind.

No other questions at this time.

Thank you all for your help.
by protagonist
Fri Apr 27, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?
Replies: 10
Views: 1515

Re: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?

Earnest money depends on house value to some extent but you want enough to 1) demonstrate the buyer is serious, 2) demonstrate that they actually have adequate funds to execute on the transaction, 3) to have enough that would hurt them if they arbitrarily walked away from the deal. For the average ...
by protagonist
Thu Apr 26, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?
Replies: 10
Views: 1515

Verbally accepted offer on house I am selling in FL- using flat fee broker. Now what?

My understanding is that the buyer's agent will present me with a contract and pre-approval letter. - How necessary is a real estate attorney? The flat fee broker and others suggest that for a seller, there is probably no need. The process is simple and the buyer is the one assuming the risk. He say...
by protagonist
Thu Apr 26, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 70
Views: 6745

Re: The World in 2050 — GDP & Stock Market Capitalization

In short, we can have confidence in future GDP growth, but just not which companies and shareholders will best profit from it. Your thoughts? Confident speculation is always fun - particularly about the future! So when do I get my flying car, anyway? You don't have yours yet? In 1964, Isaac Asimov ...
by protagonist
Thu Apr 26, 2018 8:45 am
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 70
Views: 6745

Re: The World in 2050 — GDP & Stock Market Capitalization

Check out this lost classic. "Journey to the seventh planet" (1962). http://www.dailymotion.com/video/x29t9kj "The year is 2001. Man has learned to live with himself. The planet is no longer racked by wars and threats of annihilation." Good choice of year. 2001. I am reminded of stuff like this when...
by protagonist
Wed Apr 25, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 15694

Re: BH travel tips?

The Amazon compasses seem to satisfy my need. They are small, have a lanyard hole, and hopefully have at least 30 degree precision. It just does not feel right buying 10 compasses and then either finding place for 9 of them or throwing them away. May be I'll use them as wedding gifts. Victoria Vict...
by protagonist
Wed Apr 25, 2018 7:32 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 15694

Re: BH travel tips?

The compass you have linked is not available on the REI site. Perhaps you meant this one ? A minor digression: The thermometer on this and similar zipper pulls is useless in practice. They're normally so close to your body that their readings are significantly higher than ambient temperature. Note ...
by protagonist
Tue Apr 24, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: John Oliver- All you have to know about planning for retirement
Replies: 8
Views: 3955

Re: John Oliver- All you have to know about planning for retirement

Of note- one major legislative change since the Oliver piece aired in 2016: The fiduciary rule of the Obama administration was ouverturned in federal appeals court last month. That protection is no longer available to the consumer.
by protagonist
Tue Apr 24, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 104
Views: 20255

Re: Ally Bank No penalty CD for parking cash, is there a catch?

No catch. But the rate is unremarkable. My online savings account at SFGI is earning 1.61%. And switching to Popular Direct would get you 2% APY. A few minutes of your time and it's done. True. That would earn me about $39 per year more on every $10K in the bank. Yesterday my sweetie and I spent ex...
by protagonist
Tue Apr 24, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 104
Views: 20255

Re: Ally Bank No penalty CD for parking cash, is there a catch?

No catch. But the rate is unremarkable. My online savings account at SFGI is earning 1.61%. And switching to Popular Direct would get you 2% APY. A few minutes of your time and it's done. True. That would earn me about $39 per year more on every $10K in the bank. Yesterday my sweetie and I spent ex...
by protagonist
Tue Apr 24, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: The World in 2050 — GDP & Stock Market Capitalization
Replies: 70
Views: 6745

Re: The World in 2050 — GDP & Stock Market Capitalization

It is far better to foresee, even without certainty, than not to foresee at all. ~ Henri Poincare, French scientist (1854-1912) We spend a great deal of time on the Forum looking backwards, analyzing the history of asset returns and financial data, so a couple of posts may be in order that glance t...
by protagonist
Tue Apr 24, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 104
Views: 20255

Re: Ally Bank No penalty CD for parking cash, is there a catch?

No catch. But the rate is unremarkable.

My online savings account at SFGI is earning 1.61%.
by protagonist
Tue Apr 24, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: John Oliver- All you have to know about planning for retirement
Replies: 8
Views: 3955

John Oliver- All you have to know about planning for retirement

I just stumbled over this. He hits all the bases- active vs passive management, impact of fees, fincancial advisors, annuities, asset allocation, etc. A good laugh. And a great entertaining way to introduce intelligent financial planning to your friends who are bored by books and discourses on finan...
by protagonist
Mon Apr 23, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: Question charging smart phones
Replies: 17
Views: 1523

Re: Question charging smart phones

1. Aim to charge to almost 100% (so you don't run out of charge when you need it), start charging around 50%, and unplug once charged. HOWEVER... 2. Don't obsess over it. Charge your phone when you think you need it. Don't worry. Be happy. There are more important things in life to think about.
by protagonist
Mon Apr 23, 2018 8:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 90
Views: 13993

Re: Too much Bogleheads.org?

I joined this site a few months back and am blown away with the amount of knowledge and support of this site. Between this site and the recommended books I have learned a tremendous amount and have become a more savvy and attentive investor. That being said, I find myself constantly thinking about ...
by protagonist
Mon Apr 23, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 15694

Re: BH travel tips?

I just had a flight canceled by Spirit Airlines. I was rebooked on another flight the next day but that was it. I claimed my expenses , amounting to a bit over $400, including hotel and meals, via my Sapphire Reserve card. I was told I would get fully reimbursed with Trip Delay Insurance. This more ...
by protagonist
Thu Apr 12, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Two Centuries of U.S. Stock Market Indexes, 1802-2017
Replies: 47
Views: 4302

Re: Two Centuries of U.S. Stock Market Indexes, 1802-2017

SimpleGift wrote:
Thu Apr 12, 2018 9:12 am

Bottom Line: It's hard to see how U.S. stock index data before 1900 can have much relevance for modern markets. Thoughts?
"modern markets", like "modern art", won't be modern for long.
by protagonist
Wed Apr 04, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11574

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

Folks, It is easy to save a lot of money. Do not spend as much as your income peers expect you to spend on the big purchases: A) House. B) College education. C) Car But, it will not make a good blog story. Meanwhile, folks overspend on those 3 items will focus on "not eating out" as the couple's ma...
by protagonist
Tue Apr 03, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11574

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

And what if one of them dies in 2028? Or if they get divorced and wind up spending years in court? I agree with Lily, that one should not rely on purchases for happiness. But nor should one rely on waiting 11 years for it, especially given that anything can happen in the interim. If it were me I wou...
by protagonist
Tue Apr 03, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2721
Views: 540010

Re: What's Your Credit Card Rewards Strategy?

We use credit cards for absolutely everything that we can. We pay our monthly balances in full. We have quite a few cards (some we keep open due to longevity or in case something goes wrong with our other cards when out of the country) but we currently use: Sams Club Credit Card for 5% cash back ga...
by protagonist
Tue Apr 03, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 62
Views: 6050

Re: Is technical analysis all smoke and mirrors?

This article reminds me of how astronomers constantly added tweaks to the Ptolemaic system during the 1400 or so years between Ptolemy and Copernicus/Galileo when inconsistencies arose that were not accounted for by their geocentric universe. Arguably string/M-brane etc theorists are doing the same ...
by protagonist
Mon Apr 02, 2018 5:38 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 110
Views: 16414

Re: "10 Savvy Ways You Can Spot Fake Reviews"

First time Boglehead posters bashing a non-financial product may be real but good investors are skeptical. This article will help spot impostors: 10 Savvy Ways You Can Spot Fake Reviews Best wishes. Taylor Hi, Taylor. I recently found this site for testing validity of reviews: https://www.fakespot....
by protagonist
Mon Apr 02, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 110
Views: 16414

Re: Need Options - Honda Accord Incredibly Uncomfortable Seats

A lot of complaints but mostly just very expensive solutions....eg: selling the car at a loss. For those who paid $30K for the car and otherwise love it, there must be less draconian and simpler solutions to an uncomfortable seat. Bending the headrests was suggested- that might be worth trying. How ...
by protagonist
Thu Mar 29, 2018 4:17 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25601

Re: Anyone Deleting Facebook?

Anyone seen the Facebook movie called "The Social Network" ? Excellent movie. Got a bunch of Oscar nominations, big box office, and I even liked Justin Timberlake's acting. David Fincher (Seven) directed. I don't see how anyone could be involved with FB after watching that movie. The protagonists a...
by protagonist
Thu Mar 29, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25601

Re: Anyone Deleting Facebook?

Oh right. I forgot. I do have an email address that I use to log in to Facebook. But I never check that email address. It's just a dummy address that I created for the purpose of a login. By the way, I probably remembered, but just in case I forgot to congratulate you at the time (noting your bylin...
by protagonist
Thu Mar 29, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 62
Views: 6050

Re: Is technical analysis all smoke and mirrors?

Sequences of coin tosses also exhibit “momentum”. As Wikipedia says, "citation needed." What's your source for this? Oh, wait, probably found it: Dynamical Bias in the Coin Toss OK, very interesting. For the observant, this is actionable. Non-mathematicians (like me) should read the abstract, and t...
by protagonist
Thu Mar 29, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25601

Re: Anyone Deleting Facebook?

I just stopped using Facebook for about half a year until I had a reason to want to go back (a particular need at the time requiring contact with a certain musician colleague- otherwise I probably would have just stayed off). At that point I just opened a new account with a more believable (though ...
by protagonist
Thu Mar 29, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25601

Re: Anyone Deleting Facebook?

I just stopped using Facebook for about half a year until I had a reason to want to go back (a particular need at the time requiring contact with a certain musician colleague- otherwise I probably would have just stayed off). At that point I just opened a new account with a more believable (though ...
by protagonist
Thu Mar 29, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25601

Re: Anyone Deleting Facebook?

Never really understood how they generated such enormous wealth. I mean I understand the mechanism, but as a working class guy I just don't "get it". The money always seemed too easy, but that's just me. Saw an interesting quote in our local Sunday paper from the 1970s, a precept about television b...
by protagonist
Thu Mar 29, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: Is technical analysis all smoke and mirrors?
Replies: 62
Views: 6050

Re: Is technical analysis all smoke and mirrors?

wootwoot wrote:
Thu Mar 29, 2018 1:13 am
Watch this documentary about Paul Tudor Jones and let me know if you think technical analysis is real or not.

https://m.youtube.com/watch?v=-38x671CUQw
It looks interesting from the beginning, but it is 55 minutes long and I am hungry. Can you please indulge me and summarize?
by protagonist
Thu Mar 29, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 25601

Re: Anyone Deleting Facebook?

Once again....for those of you who are seriously worried about your FAcebook data being mined, assuming you don't post anything too personal, why are you not worried about who might have access to your Bogleheads information, where you may have disclosed intimate details of your finances, and not j...
by protagonist
Wed Mar 28, 2018 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 6018

Re: Pay Off Mortgage with Windfall?

The majority of responses suggest paying it off. Is there a lower interest rate level where- at or below- it might be prudent to, instead, keep the mortgage? My assumption is that mortgage rates will always tend to hover higher than current "safe investment" interest rates (banks, T-bills, etc) und...
by protagonist
Wed Mar 28, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6714
Views: 1462973

Re: U.S. stocks in freefall

There must be an inverse relationship between the specificity of predictions and the fee (or salary) charged for these predictions. Thank you for the guidance for the next 17 months, Victoria Good observation, Victoria. You might be right. NY Daily News costs $1, and you get your horoscope plus fre...
by protagonist
Wed Mar 28, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: When to Take Social Security (again...)
Replies: 62
Views: 5791

Re: When to Take Social Security (again...)

Reposting a previous post of mine re: the same question: A huge mistake I humbly believe that many people make on this site is equating "maximum wealth" with "happiness" and "better life"...the latter is much more correlated with peace of mind. In that context, deciding when to start benefits is eas...
by protagonist
Wed Mar 28, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 6018

Re: Pay Off Mortgage with Windfall?

I'm struggling with whether to use an upcoming windfall of $600k to pay off my current mortgage, and would love opinions or tips on considering anything that I haven't already. My current mortgage is a 30-year fixed of $500k at 4% taken out in 2016. Main upside to paying off mortgage would be huge ...
by protagonist
Wed Mar 28, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Freshly Minted Boglehead
Replies: 17
Views: 1433

Re: Freshly Minted Boglehead

A Any advice is welcome. Thanks for having me! OP.... Welcome. I like your style. Your "rags-to-riches" story is not dissimilar to mine. I lived below the poverty line until age 30 or so. I was 34 before I paid more than $700 for a car. At 35 I finished medical fellowship and started making good mo...
by protagonist
Wed Mar 28, 2018 10:13 pm
Forum: Personal Consumer Issues
Topic: Question for physicians-- is my taking call worth it?
Replies: 61
Views: 6984

Re: Question for physicians-- is my taking call worth it?

I'm an ophthalmologist in private practice for 16 years and enjoy my job with no signs of burnout and a healthy income. 5 years ago my group contracted with multiple hospitals including some county-type hospitals in the region with a high trauma volume, mostly uninsured/indigent type patients, to t...
by protagonist
Wed Mar 28, 2018 10:08 pm
Forum: Personal Consumer Issues
Topic: LG 75" vs OLED 65" TV or Wait?
Replies: 44
Views: 5059

Re: LG 75" vs OLED 65" TV or Wait?

TV technology has not yet reached maturity (the way PCs and cell phones appear to have). The longer you wait, the more you will get for less money. But the longer you wait, the longer you will be stuck with an old crappy TV. So there is no good answer. When I find myself in these kind of dilemmas I ...