Search found 1901 matches

by Shallowpockets
Sun Mar 28, 2021 12:09 pm
Forum: Personal Consumer Issues
Topic: Ethical question about PayPal transaction
Replies: 16
Views: 1329

Re: Ethical question about PayPal transaction

Considering it takes more time and energy to post about it on Bogleheads, I'd have been more inclined just to contact the seller with a reminder. +1 I concur. Let us know, OP, unless you were hoping for some sort of ethical rationalization that would satisfy not having to contact the seller and get...
by Shallowpockets
Fri Mar 26, 2021 4:59 pm
Forum: Personal Consumer Issues
Topic: Thoughts on selling a CD music collection....
Replies: 65
Views: 3683

Re: Thoughts on selling a CD music collection....

If OP is old and retired then these CDs are probably a music genre that no one wants outside that age group. I am sure they have sentimental value, but that would be it. All of it is accessible on YouTube. As a boomer myself I can appreciate that there is the notion that someone may want them. As a ...
by Shallowpockets
Thu Mar 25, 2021 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 410
Views: 48845

Re: Tales from this insane real estate market

RE house buying seems like GME - GameStop. Stocks are “valued” per P/E and that is the way we would like to think it works. But, like RE there is no true valuation. We simply pin numbers to it and believe it to be so. GME, RE, all what people are willing to pay. Let’s face it, it is all speculative....
by Shallowpockets
Tue Mar 23, 2021 9:28 am
Forum: Personal Consumer Issues
Topic: Romaine Lettuce & bagged salads - concerns
Replies: 45
Views: 4346

Re: Romaine Lettuce & bagged salads - concerns

When a notice goes out on romaine or any other green, I take note and alter my greens buying. No big deal. Washing your greens only removes surface dirt. You would never simply rinse your hands either, no rubbing. It would do little good other than surface dirt. So unless you rub off all your greens...
by Shallowpockets
Sun Mar 21, 2021 3:29 pm
Forum: Personal Consumer Issues
Topic: Oven temperature accuracy
Replies: 26
Views: 1458

Re: Oven temperature accuracy

Look at what you are cooking. That what I do. Because even if you have the temperature correct. There is a time element. It is always heat + time. Neither stands alone.
Then, use an instant read thermometer on your food.
by Shallowpockets
Thu Mar 18, 2021 9:39 am
Forum: Investing - Theory, News & General
Topic: What are the odds of losing everything in a legit real estate deal/fund?
Replies: 31
Views: 2113

Re: What are the odds of losing everything in a legit real estate deal/fund?

The numbers say this. You are $50,000 in for five years. Concerned about the investment. How goes it? You will be checking but not always having any facts on its progress. Lots of offs, ands, buts there. $50,000 in the S and P index returning average 8% year will be worth $23,000 plus in 5 years. Th...
by Shallowpockets
Thu Mar 18, 2021 6:53 am
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9577

Re: What are your travel plans in 2021 and beyond?

Contingent on CDC and Individual States we plan only Continental trips. We complete are post vaccine isolation at end of April Age: 63/60 Live on East Coast Key West NW drive through National Parks Possible FAM gathering in Orlando (unless I can get out of it) Canada Mexico A few months on Texas bo...
by Shallowpockets
Mon Mar 15, 2021 10:54 am
Forum: Investing - Theory, News & General
Topic: Announcing the FOMO fund...
Replies: 34
Views: 3722

Re: Announcing the FOMO fund...

FOMO on these boards is irrelevant to real investing. Most people, to satisfy their FOMO, only invest play money, small amounts, can afford to lose, which means nothing much. Such low amounts, while may return high percentages, are nothing in terms of dollars. Buying1 share GME and having a 100% gai...
by Shallowpockets
Mon Mar 15, 2021 10:35 am
Forum: Personal Investments
Topic: We're retired, now what?
Replies: 22
Views: 4672

Re: We're retired, now what?

Well of course you can figure in Roth conversions. Just plug in different numbers you might convert into your tax software and see what comes up.
It is pretty much a no brainer to do that.
by Shallowpockets
Sun Mar 14, 2021 9:15 am
Forum: Personal Consumer Issues
Topic: Club Publix: Worth It?
Replies: 17
Views: 2402

Re: Club Publix: Worth It?

Go with Safeway or King Soopers (Kroger). All you would need is your phone number to input to get the good prices.
by Shallowpockets
Sat Mar 13, 2021 11:30 am
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9577

Re: What are your travel plans in 2021 and beyond?

The mantra now is to book now. Bookings up 500%. Of course that may have been a step up from a low bar and has nothing to do with capacity. I am looking for international travel. Pretty much anywhere that will have me, US citizen allowed. Vaccinated. There is much talk about a vaccination passport. ...
by Shallowpockets
Sat Mar 13, 2021 7:14 am
Forum: Investing - Theory, News & General
Topic: Dividends...please explain
Replies: 131
Views: 10132

Re: Dividends...please explain

Where exactly does the money for dividends come from? It can’t come from the stock itself since the dividend is paid on every share out there. Since the company does not own every share they can’t dip into the entire bundle and skim off the amount used for the dividend. It has to come from some sort...
by Shallowpockets
Thu Mar 11, 2021 11:37 am
Forum: Investing - Theory, News & General
Topic: How do I explain to someone that higher valuations are not as high as they seem due to bond yield?
Replies: 60
Views: 4553

Re: How do I explain to someone that higher valuations are not as high as they seem due to bond yield?

Why do you want to explain this? Sounds like you’re giving investment advice to a friend or family member. Best to avoid those subjects. +1. What’s up with the explaining! You are trying to figure out how to explain it, but you are not clear either. Doesn’t seem like you would be prepared to do thi...
by Shallowpockets
Sun Mar 07, 2021 5:27 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads who own individual stocks in "funny money" accounts, how do you know when to rebalance?
Replies: 40
Views: 3131

Re: Bogleheads who own individual stocks in "funny money" accounts, how do you know when to rebalance?

There is no rebalance and no buy and hold if you go with individual stocks. Those very concepts are why you can get into trouble. It is why many lost in the GME trade. If a stock goes up 15-25% in a week or a month and you think, rebalance and hold, you may be left holding a lot less than that 15-25...
by Shallowpockets
Sun Mar 07, 2021 5:15 pm
Forum: Investing - Theory, News & General
Topic: Trading Violation question
Replies: 22
Views: 1849

Re: Trading Violation question

It is not the end of the world if you get a violation. The brokerage will let you know and you will still be able to trade but only with settled money. I think this is for 45 days. E*TRADE has a summary that tells me where the money is. Amount able to trade is what I consider OK. T+2 settle date is ...
by Shallowpockets
Sat Mar 06, 2021 4:23 pm
Forum: Personal Consumer Issues
Topic: What are your alternatives to big name brands, like Amazon?
Replies: 72
Views: 4976

Re: What are your alternatives to big name brands, like Amazon?

What and who are these local merchants? Are these the people who open candle shops and chocolate shops along a small main street? If you want that stuff you can go there, but for everything else, even those who don’t use Amazon, they go somewhere else. Target, not local owned. If people say they can...
by Shallowpockets
Fri Mar 05, 2021 11:28 am
Forum: Investing - Theory, News & General
Topic: Trading Violation question
Replies: 22
Views: 1849

Re: Trading Violation question

Should be OK. As long as you aren't freeriding. If you have cash to cover each buy and do not rely on previous sale (T+2) to clear, then its is OK.
by Shallowpockets
Fri Mar 05, 2021 9:13 am
Forum: Personal Consumer Issues
Topic: 2021 Sunglasses Thread 😎
Replies: 62
Views: 4680

Re: 2021 Sunglasses Thread 😎

Everyone looses or breaks sunglasses. So expensive ones are for fashion. Quite frankly once you get old enough to retire fashion is nowhere. Fit is more important. Dollar Tree, $1. You can’t go wrong. Lose them, who cares. Always another Dollar Tree around. Please, even if retired, DO NOT a get thos...
by Shallowpockets
Fri Mar 05, 2021 8:41 am
Forum: Personal Consumer Issues
Topic: How to make strong coffee equivalent to Starbucks for cheaper?
Replies: 125
Views: 9603

Re: How to make strong coffee equivalent to Starbucks for cheaper?

It’s true that most people don’t use enough coffee when they measure. And it is likely true that you are not going to replicate Starbucks by unsing Folgers. Really. You need the right ratio of grounds to water and the right grind for what you prefer. I use an Aeropress with almost fine burr grind be...
by Shallowpockets
Thu Mar 04, 2021 3:35 pm
Forum: Personal Consumer Issues
Topic: You get what you pay for!
Replies: 48
Views: 4338

Re: You get what you pay for!

OP could have gotten a cubic zirconium and it would have made no difference. In reality diamonds have very little value beyond what anyone gives them. They do not even have a value in practical terms. Unless you are cutting glass with them. Diamonds have been proffered to us in society by a clever r...
by Shallowpockets
Wed Mar 03, 2021 9:00 am
Forum: Personal Consumer Issues
Topic: How much do you pay your tax professional?
Replies: 60
Views: 6451

Re: How much do you pay your tax professional?

If you pay for your tax returns to be done, do you check it? How extensively? Or is all your trust placed into the results with no checking? How do you know they did it right? If you pay someone, how do they do it? Do they just use Turbo Tax to input your data? When paying someone, do you provide al...
by Shallowpockets
Mon Mar 01, 2021 12:06 pm
Forum: Personal Consumer Issues
Topic: "Soft Tub" Purchase
Replies: 2
Views: 365

Re: Soft Tub Purchase

Soft tub? I had an inflatable. It lasted a year and the filter pump broke. The hot tub only cost $250. My credit card paid me for it under extended warranty when it went kaput. It was great when we had it. Every morning at dawn we went in it for 10 minutes. Very nice. Even in winter. Was a simple se...
by Shallowpockets
Sun Feb 28, 2021 6:16 pm
Forum: Personal Investments
Topic: Change of plans for Social Security
Replies: 19
Views: 3069

Re: Change of plans for Social Security

You receive 55k from pensions and dividend, but you spend more than that. And that spend is free of the health insurance cost of $1750 month. Your dividends would seem to mean you have a pretty good nest egg. That and able to give $220,000 to your children. I would say, based on supposed assets accu...
by Shallowpockets
Sun Feb 28, 2021 5:59 pm
Forum: Personal Consumer Issues
Topic: Home swapping
Replies: 15
Views: 1425

Re: Home swapping

Have not swapped homes, but we do use a web site that offers homes in exchange for taking care of the owner’s pet. Website is UK based but there are many members in the USA. We’ve stayed in 11 homes since 2017, with all but 3 in the USA. Would have been more if not for COVID. Friends do this. Had t...
by Shallowpockets
Sun Feb 28, 2021 5:56 pm
Forum: Personal Consumer Issues
Topic: Stolen car while in repair shop & my options
Replies: 37
Views: 3917

Re: Stolen car while in repair shop & my options

So you call your insurance company and say "My car was in the body shop and was stolen. But I've received a call and am told that my car is in the body shop." What exactly is it that you want the insurance company to do? Put in a claim for zero dollars? Add some more deductible for you to...
by Shallowpockets
Fri Feb 26, 2021 4:59 pm
Forum: Personal Investments
Topic: keeping track of stocks/transactions for taxes
Replies: 12
Views: 382

Re: keeping track of stocks/transactions for taxes

Any broker should have all that information and you should be able to call it up to view anytime.
by Shallowpockets
Fri Feb 26, 2021 4:56 pm
Forum: Investing - Theory, News & General
Topic: Stories about picking up pennies in front of steamrollers (gone wrong)
Replies: 27
Views: 3004

Re: Stories about picking up pennies in front of steamrollers (gone wrong)

OP. The stories will be good to confirm your thought about your recent trade. You sound disappointed in that outcome. You sold a put late on day of expiration. This was because you did not feel you could have done same in beginning of week. Too much stress to wait that time out. So you tried to make...
by Shallowpockets
Wed Feb 24, 2021 7:52 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227778

Re: [GameStop GME trading mega-thread]

Holy mackerel!!!!

Look at GME today and now after hours.
by Shallowpockets
Wed Feb 24, 2021 10:47 am
Forum: Personal Consumer Issues
Topic: Trip Insurance? Risk Tolerance?
Replies: 26
Views: 1461

Re: Trip Insurance? Risk Tolerance?

Chase coverage doesn’t include additional/alternate transportation as part of trip interruption coverage. Here’s a blog post about why that might be a consideration: https://4wornpassports.com/beware-chase-card-travel-insurance/ This is why I had my question about $100,000 evacuation coverage. Ther...
by Shallowpockets
Wed Feb 24, 2021 10:27 am
Forum: Personal Consumer Issues
Topic: Trip Insurance? Risk Tolerance?
Replies: 26
Views: 1461

Re: Trip Insurance? Risk Tolerance?

What level of chase card do you have?
As regards $100.000 evacuation and the cancellation.
Which one, and what is yearly fee?
by Shallowpockets
Wed Feb 24, 2021 7:59 am
Forum: Personal Investments
Topic: Help me fire my financial advisor :)
Replies: 34
Views: 5055

Re: Help me fire my financial advisor :)

Call up Fidelity. Talk to them about transferring in kind. Maybe they will do the work. Afterwards you can direct your money into the appropriate funds you desire. I say Fidelity and not Vanguard, because from reading here perhaps Vanguard is not as on the ball for actually speaking to someone. Othe...
by Shallowpockets
Wed Feb 24, 2021 7:51 am
Forum: Personal Investments
Topic: Advice on how to ease the anxiety of deciding to retire.
Replies: 91
Views: 10473

Re: Advice on how to ease the anxiety of deciding to retire.

OP, you have been thinking about this for two years. You are wired to work and save money. You have run all your numbers and they look good. Everyone retires - eventually, by choice, default, or death. Seems like you are not ready to retire yet. How about waiting until you hit 70 and your SS is maxe...
by Shallowpockets
Tue Feb 23, 2021 6:30 pm
Forum: Personal Consumer Issues
Topic: A boat for old knees
Replies: 46
Views: 3539

Re: A boat for old knees

Wenona Minnesota II. 18.6”.

That’s really all you need to know.
by Shallowpockets
Tue Feb 23, 2021 8:08 am
Forum: Personal Investments
Topic: Selling thinly traded stock
Replies: 16
Views: 1056

Re: Selling thinly traded stock

Why is it not in your best interest to tell us the stock?
It actually may be in your best interest. Someone here could give you better advice on selling if they knew the specific stock.
by Shallowpockets
Sun Feb 21, 2021 10:15 am
Forum: Personal Finance (Not Investing)
Topic: How does the IRS determine whether withdrawals meet the RMD requirement?
Replies: 40
Views: 3124

Re: How does the IRS determine whether withdrawals meet the RMD requirement?

Seems like people are thinking the IRS is a fool and has nothing in place beyond an audit to address RMDs. But, maybe that is why you cannot take out money in the aggregate but must withdraw the proper amount from each and every IRA, 401, or any other tax deferred account. You are not required to t...
by Shallowpockets
Sun Feb 21, 2021 10:02 am
Forum: Investing - Theory, News & General
Topic: Bitcoin and the US Dollar
Replies: 122
Views: 8348

Re: Bitcoin and the US Dollar

Funny that Bitcoin is priced relative to USD. What do you think that means? You cannot value Bitcoin by itself.
by Shallowpockets
Sun Feb 21, 2021 9:49 am
Forum: Personal Finance (Not Investing)
Topic: How does the IRS determine whether withdrawals meet the RMD requirement?
Replies: 40
Views: 3124

Re: How does the IRS determine whether withdrawals meet the RMD requirement?

Seems like people are thinking the IRS is a fool and has nothing in place beyond an audit to address RMDs. But, maybe that is why you cannot take out money in the aggregate but must withdraw the proper amount from each and every IRA, 401, or any other tax deferred account. Makes it much easier for t...
by Shallowpockets
Sun Feb 21, 2021 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Revealing net worth
Replies: 251
Views: 16524

Re: Revealing net worth

I’d like to drop hints that, “someday I hope to be a millionaire,” all that happened along time ago. The word millionaire is quite meaningless, anyone with a single house that they make the payments on and any kind of portfolio in the 401(k) will have $1 million. Of course I have a bit more than th...
by Shallowpockets
Fri Feb 19, 2021 2:49 pm
Forum: Personal Investments
Topic: Should I sell my investment property to go into index funds?
Replies: 36
Views: 3897

Re: Should I sell my investment property to go into index funds?

What is your stage of life? If you are good with being a landlord, I would keep the place. $13,000 annually from a $200,000 investment is 6.5%. I hated being a landlord, I got out of that as soon as I could do it in a financially responsible manner. 6.5% annually. Well, thats not enough that would ...
by Shallowpockets
Wed Feb 17, 2021 4:42 pm
Forum: Personal Investments
Topic: Divorcee with "large sum" of money from divorce settlement question.
Replies: 9
Views: 2140

Re: Divorcee with "large sum" of money from divorce settlement question.

A windfall can make people do something they perhaps should not, in retrospect.
Tell her the primary and first principle of any smart money handling.
LBYM.
All else can wait.
by Shallowpockets
Wed Feb 17, 2021 3:50 pm
Forum: Personal Consumer Issues
Topic: Electric car in evacuation situation
Replies: 143
Views: 12184

Re: Electric car in evacuation situation

Here is your scenario. Have to get out out of town and so is everyone else. You don't leave soon enough and you are stuck in traffic with everyone. In preparation you had to go to gas station the night before and fill up and fill up those extra gas cans to put on top of your car. Everyone else is do...
by Shallowpockets
Mon Feb 15, 2021 6:00 pm
Forum: Personal Consumer Issues
Topic: Best Combination of Travel Cards?
Replies: 87
Views: 4914

Re: Best Combination of Travel Cards?

It depends on the type of travel and how much you spend. Realistically if you just want a card or two for travel and not get into churning then hotel and airline cards are out. Unless you are spending just an absolute ton of money on a hotel or airline card, you can never earn enough to fly for fre...
by Shallowpockets
Mon Feb 15, 2021 5:47 pm
Forum: Personal Investments
Topic: Obtaining from Schwab the list of investment cost basis and date of purchase
Replies: 3
Views: 298

Re: Obtaining from Schwab the list of investment cost basis and date of purchase

On my E*TRADE account my shares are listed as cost basis. This both if one lot or multiple lots. I can drop down each position if there are multiple lots and see the separate lots. I also, in real time see the profit/loss of each equity as well as the percent gain/loss. All this in real time. I can’...
by Shallowpockets
Mon Feb 15, 2021 12:44 pm
Forum: Personal Investments
Topic: Cost of ignorance - what to do now?
Replies: 30
Views: 4371

Re: Cost of ignorance - what to do now?

Why do you have 3 CPAs?
by Shallowpockets
Sun Feb 14, 2021 2:36 pm
Forum: Personal Investments
Topic: Market or Limit order when buying funds
Replies: 14
Views: 1008

Re: Market or Limit order when buying funds

When investing in something like three fund portfolio funds in a taxable account, hopefully to save for retirement in 15 years, do you buy at market price or put a limit? What research can you do to put the limit price? For example vanguard VTI ETF is at $207.49 as of Friday. Do you buy at the mark...
by Shallowpockets
Sun Feb 14, 2021 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Investment condo in Florida
Replies: 17
Views: 1715

Re: Investment condo in Florida

You are then tied down to FL. Florida will be your vacation world, forever. Because you have bought a condo you will first consider that as where to go. By default, if you own there you will figure the numbers in your head and think that going anywhere else will not be cost effective when you own a ...
by Shallowpockets
Sun Feb 14, 2021 8:53 am
Forum: Investing - Theory, News & General
Topic: The premise of the "emergency fund" is flawed
Replies: 559
Views: 32881

Re: The premise of the "emergency fund" is flawed

This is really great advice if you're wealthy or on your way to becoming wealthy. The average person on the internet seeking financial advice does not fit that description, will likely never fit that description, and thus really needs an emergency cash cushion. Conventional wisdom fails to consider...
by Shallowpockets
Sat Feb 13, 2021 5:29 pm
Forum: Personal Consumer Issues
Topic: HIIT question [High-Intensity Interval Training]
Replies: 38
Views: 2778

Re: HIIT question [High-Intensity Interval Training]

I don’t want to copy the extra long preceding post. Tabata, at the usual understanding would work for the OP, who desires a cardiovascular improvement. Tabata cannot be used to that end with push-ups, and various other predominately strength exercises. Tabata should be done with cardio type exercise...
by Shallowpockets
Sat Feb 13, 2021 5:06 pm
Forum: Investing - Theory, News & General
Topic: Goldman Sachs bankers are passive investors with own money
Replies: 24
Views: 4743

Re: Goldman Sachs bankers are passive investors with own money

These people,are,the sort of people who make enough money that they really need never invest any of it. They could simply have a bank account and cash, without any kind of return, until they retire. They would still be fine.
by Shallowpockets
Sat Feb 13, 2021 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Buy rental property in Austin, TX while living in a rental property in California.
Replies: 12
Views: 1331

Re: Buy rental property in Austin, TX while living in a rental property in California.

Both of those places you would be buying at the TOP. I live in Colorado and last night’s news addressed this. There are bery few properties even on the market now. All the prices are way up.