Search found 403 matches

by Pu239
Wed Apr 07, 2021 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to determine value and sell old coins, currency
Replies: 11
Views: 1031

Re: Best way to determine value and sell old coins, currency

I have a mixed collection referred to by Kenkat. The kids have expressed no interest in the collection but I've decided to pass most of it on to them anyway for the following reasons: 1) I am in the process of subdividing the collection into "piles" as suggested above and entering everythi...
by Pu239
Wed Apr 07, 2021 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Selling home in MN -- normal to have listing fee in addition to commission?
Replies: 11
Views: 878

Re: Selling home in MN -- normal to have listing fee in addition to commission?

I'd hesitate to use any agent that adds a previously undisclosed fee into the final contract. Just say no.
by Pu239
Thu Mar 18, 2021 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Getting ready to fire my bank...
Replies: 31
Views: 4489

Re: Getting ready to fire my bank...

This article convinced me that you can’t trust a safety deposit box for anything you wouldn’t mind losing. Which cuts against the entire purpose of the box. https://www.nytimes.com/2019/07/19/business/safe-deposit-box-theft.html And you can't trust a home safe either so pick your poison based on co...
by Pu239
Wed Mar 17, 2021 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Which credit unions offer deposit accounts paying more than 3% interest?
Replies: 74
Views: 6955

Re: Which credit unions offer deposit accounts paying more than 3% interest?

index2max wrote: Wed Mar 17, 2021 8:29 pm
Dang! That's a sweet deal! Unfortunately I also do not live in Virginia. Can a Boglehead here who lives in Virginia please adopt me into their household? :P
Maybe you could join a church in say, Roanoke, and worship from afar. Has anyone used that membership trick to join a CU?
by Pu239
Tue Mar 16, 2021 1:15 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 173
Views: 15831

Re: Cryptocurrency - Bitcoin Continues to Soar!

Just imagine the 20yr return.
by Pu239
Tue Mar 09, 2021 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Listing Realtor asking me to have mortgage lenders call her directly.
Replies: 85
Views: 6506

Re: Listing Realtor asking me to have mortgage lenders call her directly.

This might burn a bridge but consider contacting the owner directly with your concerns that the realtor is excluding qualified buyers and point out that this exclusion might be costing them money.
by Pu239
Thu Mar 04, 2021 11:07 pm
Forum: Personal Consumer Issues
Topic: Calling all master gardeners/market gardeners!
Replies: 11
Views: 1190

Re: Calling all master gardeners/market gardeners!

If there are small organic farms in your area, you might look into temporary/apprentice work as a way to learn the ropes first hand. These types of businesses will provide a more useful knowledge base for your purposes than master gardeners, who may or may not possess the skills for running a market...
by Pu239
Thu Mar 04, 2021 10:44 pm
Forum: Investing - Theory, News & General
Topic: Gold, Commodities, or Crypto?
Replies: 59
Views: 2645

Re: Gold, Commodities, or Crypto?

I thought you gave up on gold. Why keep bringing it up?
by Pu239
Wed Feb 17, 2021 4:16 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Justifications for zero exposure have been made in this and other threads. There's really not much else to say except good luck. The future of crypto promises to be a memorable one.
by Pu239
Tue Feb 16, 2021 4:56 pm
Forum: Investing - Theory, News & General
Topic: How to Invest in Crypto like a Boglehead?
Replies: 187
Views: 19929

Re: How to Invest in Crypto like a Boglehead?

If John C. Bogle were alive, and knew that bitcoin is currently priced at $50,000, do you think it would have led him to change any of the things he said in 2017? Regarding your Bogle quote, I'm surprised that no one yet has pointed out that Bogle himself bought gold (on behalf of a school foundati...
by Pu239
Mon Feb 15, 2021 6:12 pm
Forum: Investing - Theory, News & General
Topic: The premise of the "emergency fund" is flawed
Replies: 559
Views: 32891

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

It's easier to keep my emergency fund than spend the time reading all these posts and worrying about how flawed the approach might be. It's not going to move the needle much either way. But thanks for bringing it up.
by Pu239
Mon Feb 15, 2021 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Cedar Roof - Insurance Decision when Old but Good Condition
Replies: 9
Views: 743

Re: Cedar Roof - Insurance Decision when Old but Good Condition

When it was time for reroofing, we switched from cedar shakes to a Class 4 impact rated, non-flammable imitation shake roof and our homeowners premium dropped 25%. Looks great and should last 50 years. If you love cedar, pay the extra. I wouldn't surprised if shake prices have risen sharply in recen...
by Pu239
Mon Feb 15, 2021 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Selling house using an Agent and a Tiered Commission Structure 3%, 5% and 10%. Anyone?
Replies: 22
Views: 18353

Re: Selling house using an Agent and a Tiered Commission Structure 3%, 5% and 10%. Anyone?

Why pay an agent for the portion of the sale price you can get for free? There are many "we buy houses" companies out there who will give you a no-hassle price with no commission. Offer to pay a a realtor a much higher commission on any difference between that amount and the actual sales p...
by Pu239
Sun Feb 14, 2021 11:02 pm
Forum: Investing - Theory, News & General
Topic: Depositors earning 5-15%
Replies: 217
Views: 18778

Re: Depositors earning 5-15%

As someone who has conceptualized, started, operated over 13 companies in my lifetime I would answer it this way. Under fettered capitalism, the people are best served when innovations are allowed to come to market (i.e. no crushing by large companies with hold of the reins of power) and compete in...
by Pu239
Sun Feb 14, 2021 8:48 pm
Forum: Investing - Theory, News & General
Topic: Depositors earning 5-15%
Replies: 217
Views: 18778

Re: Depositors earning 5-15%

If the company is for "us", why not use a mutual company structure like Vanguard or nonprofit? With this approach, Mashinsky could be the new Bogle. Not to be rude, but you really need to get off this fantasy that mutual companies or nonprofits are some pure form of organization. Years ag...
by Pu239
Sun Feb 14, 2021 7:28 pm
Forum: Personal Consumer Issues
Topic: Zero Water TDS Meter
Replies: 8
Views: 689

Re: Zero Water TDS Meter

We bought a Zero Water pitcher that comes with a TDS (total dissolved solids) meter. At first it seemed to work fine...showing tap water at 271 and filtered ZeroWater at zero. Within a few hours it went crazy and now shows tap water off the charge (over 1000) and Zero Water in the 300s. My first qu...
by Pu239
Sun Feb 14, 2021 12:40 am
Forum: Investing - Theory, News & General
Topic: Depositors earning 5-15%
Replies: 217
Views: 18778

Re: Depositors earning 5-15%

ohboy! wrote: Sat Feb 13, 2021 11:58 pm
He is an interesting billionaire.
Billionaire = elite

If the company is for "us", why not use a mutual company structure like Vanguard or nonprofit? With this approach, Mashinsky could be the new Bogle.
by Pu239
Sat Feb 13, 2021 10:58 pm
Forum: Investing - Theory, News & General
Topic: Depositors earning 5-15%
Replies: 217
Views: 18778

Re: Depositors earning 5-15%

I really only see two options with technology, one is by and for the people, the other is by and for a small faction of elites. I think the people will win this one, whatever path it takes to get there. There is too much momentum for open-source software and decentralized protocols. Even the compan...
by Pu239
Sat Feb 13, 2021 5:40 pm
Forum: Investing - Theory, News & General
Topic: Golden Dragonfly Portfolio - A Real World Experiment
Replies: 77
Views: 8976

Re: Golden Dragonfly Portfolio - A Real World Experiment

Doing that doesn't make it a real world experiment, does it? Op has said in another thread after my post here that he lost interest so a lot of effort for nothing. Waste of time.
by Pu239
Sat Feb 13, 2021 2:29 pm
Forum: Investing - Theory, News & General
Topic: My IPS Says It's Time for Tactical AA
Replies: 30
Views: 2759

Re: My IPS Says It's Time for Tactical AA

The suspense is getting unbearable? What did you do? What did I do??? The OP spent the effort to start an interesting (to some) "real world experiment" with promises of updates, then nothing. Others were curious also. An earlier "I've changed my mind" post would have been consid...
by Pu239
Sat Feb 13, 2021 1:49 pm
Forum: Investing - Theory, News & General
Topic: My IPS Says It's Time for Tactical AA
Replies: 30
Views: 2759

Re: My IPS Says It's Time for Tactical AA

I ask because updates were promised and that thread has gone dead. How's it going?
by Pu239
Sat Feb 13, 2021 1:41 pm
Forum: Investing - Theory, News & General
Topic: My IPS Says It's Time for Tactical AA
Replies: 30
Views: 2759

Re: My IPS Says It's Time for Tactical AA

Does your AA still include golden dragonfly?
by Pu239
Fri Feb 12, 2021 12:22 am
Forum: Personal Consumer Issues
Topic: Pilot Light Tarnishes our Silver
Replies: 11
Views: 1440

Re: Pilot Light Tarnishes our Silver

Removal of sulfur compounds from the natural gas before it enters the fireplace should also work but has safety implications. An electronic ignition system will only partly help because it won't prevent tarnishing at times when the fireplace is being used. Would it be possible to convert just the fi...
by Pu239
Thu Feb 11, 2021 8:28 pm
Forum: Investing - Theory, News & General
Topic: Never saw myself buying gold ...
Replies: 146
Views: 10863

Re: Never saw myself buying gold ...

For a moment there, I thought you meant 'preppies'. :happy
by Pu239
Thu Feb 11, 2021 6:23 pm
Forum: Personal Consumer Issues
Topic: Cash vs. Credit
Replies: 189
Views: 9562

Re: Cash vs. Credit

After reading all of these replies, I think you all have changed my viewpoint back to getting some cash back. I don’t know why I like using cash, but I still do. I’ll probably go for a hybrid approach with my Double Cash card for larger expenses and then some cash for smaller stuff. Thanks everybod...
by Pu239
Thu Feb 11, 2021 6:04 pm
Forum: Personal Consumer Issues
Topic: Cash vs. Credit
Replies: 189
Views: 9562

Re: Cash vs. Credit

gerntz wrote: Sat Feb 06, 2021 9:35 pm
I focus on dollar coins. Tend to run our bank out of them. Get a lot of stares.
$2 bills and 50 cent pieces are fun to spend too. Many people have never seen them in circulation. Personally, I haven't received either one in change in decades.
by Pu239
Thu Feb 11, 2021 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: How can I help my mother in retirement?
Replies: 46
Views: 3500

Re: How can I help my mother in retirement?

OP - With regard to the $300k inheritance, perhaps she would accept financial guidance from an advisor such as Vanguard PAS. Sometimes advice coming from a 'professional' can make matters sink in.
by Pu239
Thu Feb 11, 2021 2:34 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

How long will ye love simplicity and despise knowledge? For anyone still full of conviction about how all this is going to zero I recommend this excellent podcast: https://peterattiamd.com/caroltavris-elliotaronson/ I'm a Boglehead so simplicity is in the blood. Knowledge is good, complexity brough...
by Pu239
Wed Feb 10, 2021 9:40 am
Forum: Personal Investments
Topic: The Calm Post - part 2 - re crypto
Replies: 2
Views: 380

Re: The Calm Post - part 2 - re crypto

If you're caving to crypto, buy the dips just like you did with the S&P 500 and, hopefully, precious metals. And certainly the dips will come.
by Pu239
Wed Feb 10, 2021 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Pushing SS Income Into Next Year
Replies: 20
Views: 2034

Re: Pushing SS Income Into Next Year

I very much appreciate the updates. I might use your approach when the time comes. Thanks for taking the time to explain the process.
by Pu239
Wed Feb 10, 2021 12:55 am
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

True, I should have been more precise. It is demonstrably false the bitcoin is used for nefarious/black market purposes to a greater degree than fiat currency. Comparing percent of black market/illegal activity of total fiat money supply to bitcoin value? What are the metrics? I really am curious a...
by Pu239
Wed Feb 10, 2021 12:08 am
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Censorship? Are we talking about the ability to perpetrate illegal transactions. This is not a concern for the majority of people who are law abiding citizens. Bitcoin holders are using bitcoin as a store of value, not to resist censorship. Thanks for trying. Try telling that to Prahasaurus. These ...
by Pu239
Tue Feb 09, 2021 6:38 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Regulatory risk is not just a risk for Bitcoin and other cryptocurrencies, in my opinion it is THE risk that makes these assets such a poor long-term play. People who think that governments are going to sit idly by while they lose control of their monetary systems are delusional and historically ig...
by Pu239
Mon Feb 08, 2021 7:03 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

All of the above documentaries are pro Bitcoin, crypto, and blockchain, and I don't want to learn in an echo chamber. If anyone has links to documentaries which are negative or present a more cautious picture, please post links! All the back and forth about Bitcoin on Bogleheads is not enough? :sho...
by Pu239
Mon Feb 08, 2021 6:28 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

To me it is simply part of heavy recruitment of the tech industry. It seems many are leaving California due to disappointment in local government and taxes and the mayor is actively trying to recruit them to his city. While buying btc with tax dollars does seem like a irresponsible gamble I can ima...
by Pu239
Mon Feb 08, 2021 5:15 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Some of you may want to contact the mayor of Miami ASAP to let him know Bitcoin has no value, is not a currency and is not an investment. Mayor of Miami: There are three things that I want to do with Bitcoin and crypto generally. One is I want to be able to give my employees the ability to take a p...
by Pu239
Sat Feb 06, 2021 7:19 pm
Forum: Investing - Theory, News & General
Topic: 2020s - Decade of chasing "churn" money?
Replies: 70
Views: 7102

Re: 2020s - Decade of chasing "churn" money?

The 2010s were probably the best decade for doing this. As an experiment, I earned about $4000 in bonuses a couple years ago with the constraint that I wouldn't cheat the bank or violate the terms of any agreement I signed. I have a real, long-running business, not the kind of 'business' used by som...
by Pu239
Sat Feb 06, 2021 5:26 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Except for the fact that nobody in the world would give up a single bitcoin for your mintage. No one is trying to convince you to buy bitcoin. Whether you believe it has value or not is irrelevant, it is completely dictated by the marketplace. You can rationalize all you want about utility, pros, c...
by Pu239
Fri Feb 05, 2021 11:39 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Bitcoin doesn't have scarcity. You can't claim something is scarce when there are 18 million of them. Bitcoin isn't rare enough to be a status symbol. Using mintage as a guide, I would consider exchanging any of my US coins with mintages of 18 million or less for one bitcoin. I even have some with ...
by Pu239
Fri Feb 05, 2021 12:26 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Did you bother to read any of the other 1000 posts about crypto? Thanks for the info. I'll take a deeper look. Until then, what I see is equivalent to a number of virtual casinos being serviced by small specialty companies with gambling as it's main reason for existence. I'm not going to suspend di...
by Pu239
Thu Feb 04, 2021 11:38 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

People are making all these arguments against crypto (maybe rightfully so, maybe not) are the same people gladly willing to hold 1000s of absolute garbage companies in their total market index. "Nobody knows nothing" Absolute garbage companies physically exist, employ people, produce real...
by Pu239
Thu Feb 04, 2021 10:30 pm
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 380
Views: 92572

Re: A Returns Spreadsheet for Bogleheads

longinvest - a portion of our investments is managed by a fiduciary advisor for a couple years now. It should be straightforward to calculate returns for that portfolio using the spreadsheet and I intend to do so, but I'm wondering if I could create a similar passive index fund portfolio for use as...
by Pu239
Thu Feb 04, 2021 6:59 pm
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 380
Views: 92572

Re: A Returns Spreadsheet for Bogleheads

longinvest - a portion of our investments is managed by a fiduciary advisor for a couple years now. It should be straightforward to calculate returns for that portfolio using the spreadsheet and I intend to do so, but I'm wondering if I could create a similar passive index fund portfolio for use as ...
by Pu239
Thu Feb 04, 2021 2:21 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227804

Re: [GameStop GME trading mega-thread]

bigtex wrote: Thu Feb 04, 2021 1:59 pm
Does anyone know if DFV is still holding GME?
He may have gone from "squeeze the sleaze" to "dump the chumps".
by Pu239
Wed Feb 03, 2021 9:13 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

except their usecase as a capital controls workaround is one that most Americans will never understand. Americans tend to think if they have no use for it and they’re buying to speculate then surely that’s all the rest of the world is doing with it I'm willing to bet that a significant number of Am...
by Pu239
Wed Feb 03, 2021 7:57 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Hustlinghustling wrote: Wed Feb 03, 2021 6:03 pm
..or how about the second biggest economy in the world? huge bitcoin usage in China today
Which proves that speculation, greed and fear is just as prevalent in China as it is elsewhere in the world.
by Pu239
Wed Feb 03, 2021 3:01 pm
Forum: Investing - Theory, News & General
Topic: Property taxes in the USA
Replies: 50
Views: 3366

Re: Property taxes in the USA

We pay about 0.5% of market value annually. Not too bad.
by Pu239
Wed Feb 03, 2021 11:18 am
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58848

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

What happens if another cryptocurrency becomes all the rage? Bitcoin is in competition with presumably an endless number of cryptocurrencies that can be produced out of thin air. Sorry, but I don't get it. Because Bitcoin is hot now doesn't mean it will survive. At least tangible items of value won...