Search found 2004 matches

by Shallowpockets
Sun Jul 25, 2021 1:17 pm
Forum: Spain
Topic: Dollars to Euros
Replies: 28
Views: 1448

Re: Dollars to Euros

Hi, I'm curious as to how much it will cost to covert dollars to euros, in fees and bad exchange rates, and the easiest and/or least expensive way to do it. Say bringing $8,000 from US investment accounts monthly into a Spanish checking account. Also, is it a good idea to use credit cards from US b...
by Shallowpockets
Sun Jul 25, 2021 8:07 am
Forum: Personal Consumer Issues
Topic: Need travel help
Replies: 50
Views: 4190

Re: Need travel help

Don’t overdo it. Why not go one place for one week. A big city. Plenty to do in a big city. Planning will be easy. Planning a vacation is fun, until it isn’t. Been there, done that. Take one place. Get a book. Look through it. Go. Or go on an escorted tour. Beyond the paying for the trip itself, eve...
by Shallowpockets
Sun Jul 25, 2021 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Looking to change careers, but feel stuck. Dissatisfied with life.
Replies: 51
Views: 6559

Re: Looking to change careers, but feel stuck. Dissatisfied with life.

Op. The most immediate thing you can do is to go to Hawaii. It is your dream. You need to see if it is simply a dream or could be less than you have in your mind. You could do it anytime. The sooner the better. Go for minimum of one week. Doesn’t matter what island. Just go. The rest of the advice w...
by Shallowpockets
Sat Jul 24, 2021 10:49 am
Forum: Personal Consumer Issues
Topic: higher toilet
Replies: 48
Views: 3558

Re: higher toilet

If getting up and down is the issue, perhaps a look at installing grab bars in the appropriate places may help in addition to, or in lieu of a higher toilet.
How high is too high. There are anatomical issues here regarding proper position for such endeavors.
by Shallowpockets
Sat Jul 24, 2021 7:44 am
Forum: Personal Consumer Issues
Topic: any reason NOT to get my catalytic converter etched through my local police dept
Replies: 57
Views: 4323

Re: any reason NOT to get my catalytic converter etched through my local police dept

First, I don’t think thieves and their buyers care about whatever you want to etch on your cat. converter. Second, converters are not brand specific for Saturn. So, if you are one of the very very very unlucky souls to have your converter stolen, they can weld in a new one pretty easy. The shape, s...
by Shallowpockets
Fri Jul 23, 2021 11:27 am
Forum: Personal Consumer Issues
Topic: Planning trip to Yellowstone?
Replies: 36
Views: 3873

Re: Planning trip to Yellowstone?

Just got back from Yellowstone. Camped in park at Bridge Bay. The road through to Lamar valley (Canyon Village to Tower Roosevelt) is closed for the year, so all traffic is concentrated into the other areas. Unless you stay in the North or the NE entrance. Or are interested in driving 3 hours one wa...
by Shallowpockets
Fri Jul 23, 2021 9:03 am
Forum: Personal Consumer Issues
Topic: Passport renewal time - what’s the current time frame?
Replies: 36
Views: 2732

Re: Passport renewal time - what’s the current time frame?

Do any of the timeframes matter? If you need a new passport then you should get it in the mail ASAP. Use expedited if you want. Any delay in getting it in the mail just extends any timeframe. Ten days have gone by since the first post went up.
by Shallowpockets
Thu Jul 15, 2021 9:39 am
Forum: Investing - Theory, News & General
Topic: Writing covered calls.....free lunch?
Replies: 92
Views: 9197

Re: Writing covered calls.....free lunch?

I've made money buying out of the money calls, which makes me wary of selling covered calls. When I own a stock, I want to participate in the full upside, and I don't know when that's going to happen. Stocks can move up very suddenly and for no discernible reason, and if you write a covered call po...
by Shallowpockets
Wed Jul 14, 2021 12:14 pm
Forum: Investing - Theory, News & General
Topic: Stock Picking
Replies: 151
Views: 10748

Re: Stock Picking

I actually see the S and P up 119% over the time frame of 2015 to now. I see more like 139% up (are you looking at just price and ignoring dividends?), but yes you still beat the S&P 500... Nice job. Sounds like it took a lot of work though, a lot of short-term trades... But if you enjoy that, ...
by Shallowpockets
Wed Jul 14, 2021 11:09 am
Forum: Investing - Theory, News & General
Topic: Stock Picking
Replies: 151
Views: 10748

Re: Stock Picking

I actually see the S and P up 119% over the time frame of 2015 to now.
by Shallowpockets
Wed Jul 14, 2021 9:29 am
Forum: Investing - Theory, News & General
Topic: Stock Picking
Replies: 151
Views: 10748

Re: Stock Picking

OP. To answer your query about stock picking. Yes, I do that. I have a broker account and trade. In 2015 I retired at which time I had $198,512 in that account. It is now $650,000. That is 227% in 5 years. I have one big holding and the rest are in and out stocks. Sold when the profit was there or c...
by Shallowpockets
Sun Jul 11, 2021 4:54 pm
Forum: Personal Investments
Topic: Turning 27: Time to Reduce Equities?
Replies: 98
Views: 7649

Re: Turning 27: Time to Reduce Equities?

How will you handle your FOMO. Lots could happen going forward reducing your equity exposure. Example. I retired 5 years ago with 815k, now worth 1.8m. That would be a big realized FOMO.
by Shallowpockets
Sun Jul 11, 2021 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Buy, Borrow, Die: How Rich Americans Live Off Their Paper Wealth
Replies: 170
Views: 22007

Re: Buy, Borrow, Die: How Rich Americans Live Off Their Paper Wealth

Not sure how that works. You borrow and pay back from free cash flow to avoid CG taxes on big big ticket items? If you are that rich and have cash flow it would only be advantageous to borrow on something that would exceed your cash flow for the year? Since most of us only borrow for homes or cars a...
by Shallowpockets
Sun Jul 11, 2021 4:43 pm
Forum: Investing - Theory, News & General
Topic: Writing covered calls.....free lunch?
Replies: 92
Views: 9197

Re: Writing covered calls.....free lunch?

I write covered calls on ETFs that represent an underlying index. I only do it in my IRA to avoid having to fill out an entry in Schedule D for each options transaction, and any positions that get called away at expiry. The biggest drawback to it is all the commissions and the spread which eats int...
by Shallowpockets
Sun Jul 11, 2021 7:38 am
Forum: Investing - Theory, News & General
Topic: Writing covered calls.....free lunch?
Replies: 92
Views: 9197

Re: Writing covered calls.....free lunch?

There is a lot of FOMO on here about this CC strategy. Getting assigned on your CC after a stock price rise. FOMO is missing out, but not a loss. You would still be ahead. The best CC are those that just might be called out. The stocks that are not very volatile and probably won’t get assigned are t...
by Shallowpockets
Sun Jul 11, 2021 7:14 am
Forum: Personal Finance (Not Investing)
Topic: How did you arrive at your probable age of death?
Replies: 220
Views: 14437

Re: How did you arrive at your probable age of death?

With modern medicine a probable age of your death is complicated by the fact that you may linger. Longering is when your life is essentially done and you are in the waiting room. Maybe what you want is not the age of death, but the age of viability to use your life in a way that is more than waiting...
by Shallowpockets
Sun Jul 11, 2021 7:01 am
Forum: Personal Consumer Issues
Topic: Boglehead Tips for Long Flights
Replies: 76
Views: 8536

Re: Boglehead Tips for Long Flights

I would avoid using any meds. If your anxiety is related to being on the plane and thoughts of bad things happening, you want to be alert. When bad things happen on a plane they may happen quickly. You don’t want to be coming out of a groggy fog and be unable to execute what you may need to do. Plus...
by Shallowpockets
Fri Jul 09, 2021 2:27 pm
Forum: Personal Consumer Issues
Topic: How to save [on] water bill?
Replies: 49
Views: 3386

Re: How to save water bill?

Seems like you do not have to water and have a green lawn for the HOA if you can let it die, as you say, and reseed in the spring.
Is that the choice you have with the HOA, to either have it green or to have it dead?
by Shallowpockets
Fri Jul 02, 2021 12:13 pm
Forum: Investing - Theory, News & General
Topic: Indexing... isn't it just some index company deciding which stocks to include or not?
Replies: 53
Views: 7264

Re: Indexing... isn't it just some index company deciding which stocks to include or not?

So many times people try and tear down the premise of investing in index funds, but they never come up with a viable alternative. Aside from the fanciful attempts at trying to throw a monkey wrench into the index machine, why not come up with what they feel is a better mousetrap? Time and again, yea...
by Shallowpockets
Fri Jul 02, 2021 11:17 am
Forum: Personal Investments
Topic: Short term gains and TLH?
Replies: 7
Views: 718

Re: Short term gains and TLH?

You will not have incurred the losses on your ETFs until you actually sell. Them. But, yes, you can use them to offset any STG or LTG or even use $3K towards your own earned tax liability.
by Shallowpockets
Fri Jul 02, 2021 11:14 am
Forum: Personal Consumer Issues
Topic: Meal Delivery
Replies: 29
Views: 2863

Re: Meal Delivery

Seems this thread is only about meal delivery, as in heat and eat, or grub hub restaurant foods. Perhaps you may want to try the real meals service that sends you meal ingredients which you then use to cook yourself.
by Shallowpockets
Thu Jul 01, 2021 12:26 pm
Forum: Personal Consumer Issues
Topic: Electric vs Manual Toothbrushes: cost effective?
Replies: 47
Views: 3411

Re: Electric vs Manual Toothbrushes: cost effective?

I use a $5 electric toothbrush I bought on Amazon. It came with batteries and they are regular batteries you can replace. The brush has part circular motion and part back and forth. I go to the dentist for checkups 2x a year and cannot remember the last time I had any work done. We also have one of ...
by Shallowpockets
Wed Jun 30, 2021 11:19 am
Forum: Personal Investments
Topic: Why take any risk when expecting a pension?
Replies: 68
Views: 8277

Re: Why take any risk when expecting a pension?

Maybe CALPERS isn’t even around in the form you know it in 25 years. Maybe all goes well for 24 years while you take no risk, and then in only one year it changes on you. People talk about generational investing based on baby birth bubbles, etc. Maybe CALPERS goes on the ropes due to the financial s...
by Shallowpockets
Tue Jun 29, 2021 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: How/why do you budget when you can afford to pay more?
Replies: 80
Views: 6539

Re: How/why do you budget when you can afford to pay more?

OP I am in the same boat as you. What I am doing this year 2021 is to loosen up an get what I want without too much agonizing over it. At the end of the year I will do a look back and see if it mattered in any way. I don’t have a budget, I just have thrift. A holdover from younger days when thrift w...
by Shallowpockets
Sat Jun 26, 2021 4:15 pm
Forum: Personal Consumer Issues
Topic: Road Trip / Driving App Recommendations
Replies: 33
Views: 2414

Re: Road Trip / Driving App Recommendations

Maps.me

No WiFi or cell connection needed.

iexit.

And buy for $2 lifetime the feature that tells you the gas prices at the exits.
by Shallowpockets
Wed Jun 23, 2021 7:43 am
Forum: Personal Consumer Issues
Topic: Customer Reviews
Replies: 32
Views: 2185

Re: Customer Reviews

Several posts here refer to contact by the vendor with offer to replace product free, no need to return. All posts also state they would not change or delete their reviews. Hmmm. Aside from validity of vender contacting you, why not see it as a good faith action. Perhaps not change or delete your re...
by Shallowpockets
Sun Jun 20, 2021 3:06 pm
Forum: Personal Consumer Issues
Topic: Two weeks stay in Cancun
Replies: 24
Views: 2510

Re: Long term stay in Cancun

Asian food options!?
Mexico has great food and they should try it. Don't have them be stuck with home country food. Its like going to France and eating at McD's.
by Shallowpockets
Sun Jun 20, 2021 8:17 am
Forum: Personal Consumer Issues
Topic: How to best experience the Florida Keys?
Replies: 34
Views: 3037

Re: How to best experience the Florida Keys?

I used to travel there in the 80s, then recently again and found it to be an overcommercialized travesty, a mere shadow of its former self....ruined in my opinion. What I'm getting at is that it used to have tons of organically grown human character and now, much like Times Square, it has been Disn...
by Shallowpockets
Sun Jun 20, 2021 8:10 am
Forum: Investing - Theory, News & General
Topic: What pitfalls do even smart people make when buying a home?
Replies: 211
Views: 20456

Re: What pitfalls do even smart people make when buying a home?

Family. Buying for thoughts of extra bedrooms, extra rooms, all predicated on family visiting.
by Shallowpockets
Sat Jun 19, 2021 10:04 am
Forum: Personal Consumer Issues
Topic: Any experiences with Airbnb “mistake” price
Replies: 12
Views: 993

Re: Any experiences with Airbnb “mistake” price

I rarely use Airbnb. Too many fees. I think that the price you saw could be genuine, but that it will be made up substantially by cleaning fees, and other assorted fees. Recently on Booking.com I saw condos in the mountains for $58 a night. Carrying it further I cam upon the $100 cleaning fee. That ...
by Shallowpockets
Sat Jun 19, 2021 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Bodily injury claim - Lawyer or DIY?
Replies: 41
Views: 3642

Re: Bodily injury claim - Lawyer or DIY?

You should see a lawyer. You should HAVE seen a lawyer. Even before posting here, which is only opinions.
Most personal injury lawyers will see you without a fee upfront and let you know if you have a case. What’s to lose there?
by Shallowpockets
Fri Jun 18, 2021 11:53 am
Forum: Personal Consumer Issues
Topic: How to save on water costs?
Replies: 91
Views: 6230

Re: How to save on water costs?

It depends on where you live. Some people have tiered levels. We do. Our price per 1000 gals increases as you reach a new tier. When they introduced it, they made it seems like a better deal. But they changed the tiers so that they were smaller increments and thus you stair-stepped up and your bills...
by Shallowpockets
Thu Jun 17, 2021 11:46 am
Forum: Personal Investments
Topic: Gut check at 24 years old - not sure if I should feel this behind
Replies: 51
Views: 4709

Re: Gut check at 24 years old - not sure if I should feel this behind

Maybe this forum is not so great for 24 year olds, Why? Because you may start thinking like a 60 year old. If you read these forums there are all sorts of questions and problems that crop up. Not even all of them financial. Don’t start thinking like a 60 year old when you are 24. You may then be ado...
by Shallowpockets
Thu Jun 17, 2021 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Selling a car in the pandemic: test drives
Replies: 36
Views: 3031

Re: Selling a car in the pandemic: test drives

I just sold a car to private party. Used Craigslist and had phone calls within 10 minutes, followed by 6 more within the next hour. Had not sold a car for 15 years, so had some concerns. I stated cash in the ad. Buyer came over with his wife in their car. We chatted and I let him drive the car alone...
by Shallowpockets
Thu Jun 17, 2021 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Estimating taxes in retirement
Replies: 26
Views: 2012

Re: Estimating taxes in retirement

OP, if you don’t know short term and long term capital gains, then you need to look them up. That is pretty basic if you have investments and ever want to realize any gains. You are at square 1. If you do not know terminology, then you will not even understand some replies to your post. You don’t sa...
by Shallowpockets
Wed Jun 16, 2021 5:48 pm
Forum: Personal Investments
Topic: Best Way To Speculate With $2,000?
Replies: 50
Views: 5104

Re: Best Way To Speculate With $2,000?

Truthfully, $2000 is not a lot of money. If it is to you, do not speculate on it. Otherwise what could your 2k really get you? Let’s say you buy and it goes go up 100%. Then you made 2k. That’s OK. But how long might it take? What you want is your speculation to pay off sooner rather than later, oth...
by Shallowpockets
Wed Jun 16, 2021 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Dad wants Wife to live in house left to me and sister after he passes
Replies: 179
Views: 20412

Re: Dad wants Wife to live in house left to me and sister after he passes

Simply tell your father not to include the house to be bequeathed to you at all. Do not be on that paperwork at all. Then all those onerous and unpredictable results or concerns will not happen. At least not as far as you would be concerned.
Unless you are thinking of that house worth of 335K.
by Shallowpockets
Wed Jun 16, 2021 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Paying estimated 2021 taxes to avoid paying penalties
Replies: 20
Views: 1992

Re: Paying estimated 2021 taxes to avoid paying penalties

I believe if you don’t meet a safe harbor and have used unequal payments of estimated taxes you’ll be required to complete schedule AI for annualized income. I haven’t completed this schedule but understand it can be a PITA. Whether or not you make equal payments, if you don't meet a safe harbor, y...
by Shallowpockets
Tue Jun 15, 2021 10:23 pm
Forum: Personal Consumer Issues
Topic: Negotiating on a brand new vehicle in current environment. Seller's market?
Replies: 17
Views: 1728

Re: Negotiating on a brand new vehicle in current environment. Seller's market?

I bought my Subaru last month through the Costco car program. Part of that deal is that the dealer has to show you invoice price.
by Shallowpockets
Mon Jun 14, 2021 8:50 am
Forum: Personal Consumer Issues
Topic: Negotiating used car during price surge
Replies: 30
Views: 3236

Re: Negotiating used car during price surge

OP - You cannot wait and you found a car that fulfills your needs at a dealer. Now you are equivocating. Maybe you want to offer 10% less than dealer asking price. I guess you should make a decision soon or it will be gone. Then, when you miss it and have to start again what will that 10% have been ...
by Shallowpockets
Sun Jun 13, 2021 2:12 pm
Forum: Personal Consumer Issues
Topic: Favorite Camping Cooking - Lo fuss/lo cleanup - 2 burner propane & grill
Replies: 6
Views: 829

Re: Favorite Camping Cooking - Lo fuss/lo cleanup - 2 burner propane & grill

Clean up is all about the residue. Try and make things that the pan can easily be rinsed out or wiped out. Or perhaps some more water boiled right in the same pan. It is not the cooking so much as this cleanup when you have no sink and running water available. Grease is your enemy. If you are out we...
by Shallowpockets
Tue Jun 08, 2021 7:47 pm
Forum: Personal Consumer Issues
Topic: Rowing Machines- Home Use
Replies: 47
Views: 3000

Re: Rowing Machines- Home Use

Tattarrattat wrote: Tue Jun 08, 2021 8:23 am Concept 2 is the gold standard. Many, many resources regarding different types of workouts for different fitness goals.
This.
If rowing on a Concept 2 you are part of a community. OP. Go to Concept 2 website and YouTube. It is all you need to know.
by Shallowpockets
Sun Jun 06, 2021 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Charity - good ideas
Replies: 46
Views: 2478

Re: Charity - good ideas

For most charities there is no long term progress. Most charities are perpetual because there is a perpetual need. There is no solution reached. They are a helping hand. The need they fill is always there. It will never end. Some charities are huge institutions and have a very large business positio...
by Shallowpockets
Sun Jun 06, 2021 6:47 am
Forum: Personal Consumer Issues
Topic: How much do you spend on a hotel per night on a family vacation?
Replies: 132
Views: 13891

Re: How much do you spend on a hotel per night on a family vacation?

Wow! You people spend some money, don’t you. We are only two and not a family with kids, so maybe it is not apples to apples. I usually book through booking.com and like to keep my nightly rate below $100. I accept I am not going to be at a top property, but I am not a picky hotel person. It’s one n...
by Shallowpockets
Sun Jun 06, 2021 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Capital Gain on Auto Sale
Replies: 44
Views: 3209

Re: Capital Gain on Auto Sale

OP. The used car market is hot right now. If you don’t sell the car after lease buyout because you don’t want to pay the CG on it and you drive it for a year or two as you mentioned, it is highly likely that the hot market will have subsided and you will be only able to sell it for less than your le...
by Shallowpockets
Sat Jun 05, 2021 6:45 am
Forum: Personal Consumer Issues
Topic: Stamp Collecting
Replies: 21
Views: 1927

Re: Stamp Collecting

I have a decades old stamp collection of sorts. Most stamps were bought in a glassine envelope with assorted stamps from around the world. The old British Empire, countries that now are different. Stamps are geography and history with pictures of nature, animals, kings, queens, and other obscure unk...
by Shallowpockets
Thu Jun 03, 2021 12:27 pm
Forum: Forum Issues and Administration
Topic: Is it time to block meme stock posts?
Replies: 37
Views: 2317

Re: Is it time to block meme stock posts?

Lets block meme real estate too. HCOL areas with soaring house prices. No underlying reason.
by Shallowpockets
Thu Jun 03, 2021 12:23 pm
Forum: Investing - Theory, News & General
Topic: I don't understand what's happening with AMC shares
Replies: 72
Views: 6424

Re: I don't understand what's happening with AMC shares

The VALUE of AMC is what people give it. It is no different than a recent Babe Ruth baseball card sold for 6 million. No different than an art auction where a piece sells for millions, no different than an old car selling for a significant amount. No different than diamonds. All we have in investmen...
by Shallowpockets
Thu May 27, 2021 6:56 am
Forum: Personal Consumer Issues
Topic: Saving wear & tear on car (brakes vs transmission)
Replies: 80
Views: 7572

Re: Saving wear & tear on car (brakes vs transmission)

I have a new Subaru Forester with a CVT transmission. I shift it to low for the long downhills in Colorado off a pass. I watch the tachometer. It never even gets near any excessive RPMs. So to me it means that the transmission isn’t working any harder than if I reach those same RPMs while driving at...
by Shallowpockets
Wed May 26, 2021 12:24 pm
Forum: Personal Consumer Issues
Topic: Moving a full size refrigerator in a mini van
Replies: 14
Views: 1118

Re: Moving a full size refrigerator in a mini van

Rent a truck. It will be much easier all the way around for you. Safer. For you and the refrigerator.