Search found 483 matches

by windaar
Sun Apr 18, 2021 11:06 pm
Forum: Personal Investments
Topic: Invest 120K now or wait for the crash?
Replies: 74
Views: 9272

Re: Invest 120K now or wait for the crash?

What crash?
by windaar
Sun Apr 18, 2021 9:23 am
Forum: Personal Consumer Issues
Topic: A/C in the garage
Replies: 23
Views: 2100

Re: A/C in the garage

Look into a portable like a Pinguino. About $600 and you just need holes for the vent ducts which you could cut in the garage door. Go to Amazon and you can see in the reviews how people have used them in garages.
by windaar
Sun Apr 18, 2021 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Buying Vacation Home with Parent?
Replies: 13
Views: 1327

Re: Buying Vacation Home with Parent?

Thanks all for the responses. I was really unaware that virtually limitless gift-giving can happen.
by windaar
Sat Apr 17, 2021 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Vacation Home with Parent?
Replies: 13
Views: 1327

Re: Buying Vacation Home with Parent?

You should speak with an estate attorney (and maybe a CPA/tax planner) to figure out the best plan here. Thank you. As mentioned in my OP, this is my plan after getting informed. As far as the dozens/hundreds of previous threads/info on gifting and elsewhere, I have been unable, after searching, to...
by windaar
Sat Apr 17, 2021 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Vacation Home with Parent?
Replies: 13
Views: 1327

Re: Buying Vacation Home with Parent?

No. Gift recipients don't pay taxes, they just go against the lifetime exclusion for the gift giver. Is this the case? I thought that the most that someone could gift another would be 15K per year. I have never understood gift tax law with the small limits but then the "lifetime exclusion"...
by windaar
Sat Apr 17, 2021 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Vacation Home with Parent?
Replies: 13
Views: 1327

Re: Buying Vacation Home with Parent?

Yes, it would be a gift but that shouldn’t be a problem. Any other arrangement is overly complicated and presents too many risks. Thank you for the reply. If reported as ordinary income wouldn't such a "gift" have significant tax consequences at my top margin? That's something we would al...
by windaar
Sat Apr 17, 2021 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Vacation Home with Parent?
Replies: 13
Views: 1327

Buying Vacation Home with Parent?

Plan is to go 1/2 and 1/2 into a vacation home with spouse's parent, splitting cash purchase or large down payment. Spouse is only child and will inherit entire estate. I will eventually contact my attorney but trying to do some advance thinking. For simplicity parent would rather have the place not...
by windaar
Tue Apr 13, 2021 5:23 pm
Forum: Personal Consumer Issues
Topic: Hoarding and Decluttering
Replies: 15
Views: 1434

Re: Hoarding and Decluttering

Find some go-to thrift stores in your area. They love getting better stuff donated than what they usually get. In the summer I make a run every couple of weeks. This benefits the organization who gets money from sales and needy people who are buying things that they need inexpensively.
by windaar
Fri Apr 02, 2021 9:06 pm
Forum: Investing - Theory, News & General
Topic: Real Estate (TIAA vs. Fundrise, DiversyFund, etc.)
Replies: 33
Views: 2126

Re: Real Estate (TIAA vs. Fundrise, DiversyFund, etc.)

I had TIAA TREA in a "set & forget" plan until I realized their gargantuan ER fees.
by windaar
Sat Mar 27, 2021 9:26 pm
Forum: Personal Consumer Issues
Topic: AAA - American Auto Assn - Service has gone way down
Replies: 98
Views: 8573

Re: AAA - American Auto Assn - Service has gone way down

Have been a happy member for almost 20 years. Always satisfied with their service. Peace of mind for not much $$ per year to know that I and family members have a quick and easy solution to any road problems.
by windaar
Fri Mar 26, 2021 12:31 pm
Forum: Personal Consumer Issues
Topic: Selling a Rolex
Replies: 24
Views: 2557

Re: Selling a Rolex

You can sell directly to a reputable company like tourneau.com. Tourneau will give you a free quote. Do not buy boxes/papers on eBay, they will be fake and will then cast doubts on the authenticity of the watch as well. I have sold a less expensive watch on eBay before with success, but would avoid ...
by windaar
Fri Mar 19, 2021 8:01 pm
Forum: Personal Consumer Issues
Topic: People with Covid-19 vaccination record cards: where are you keeping them?
Replies: 179
Views: 15677

Re: People with Covid-19 vaccination record cards: where are you keeping them?

Photo of card on my phone. Original stays at home. Also was e-mailed official letter from county for each shot so have hard copy and retrievable copy from any device.
by windaar
Mon Mar 15, 2021 6:40 pm
Forum: Investing - Theory, News & General
Topic: Does it feel bubbly to you?
Replies: 214
Views: 15671

Re: Does it feel bubbly to you?

Doesn’t matter what it feels like. You make your plan then stick with your plan.
by windaar
Sun Mar 14, 2021 1:55 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Based on Years to and Expected Need for Retirement
Replies: 29
Views: 2603

Re: Asset Allocation Based on Years to and Expected Need for Retirement

I’ve generally seen my AA as a way to keep from panic selling more than as a formula for optimum growth. With realistic risk tolerance I didn’t flinch last March.
by windaar
Tue Feb 23, 2021 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best decision(s) in your financial life
Replies: 167
Views: 13378

Re: Best decision(s) in your financial life

Reading “The Millionaire Next Door.” Then learning about Bogle philosophy and putting it into action, about 20 years ago. By choosing an AA based on risk tolerance I wasn’t tempted to sell in 2008 or last March. I don’t tinker. I rebalance on my birthday. I ignore the noise. And by investing conside...
by windaar
Mon Feb 22, 2021 8:45 pm
Forum: Personal Investments
Topic: Ford Stock?
Replies: 40
Views: 2852

Re: Ford Stock?

Where does it say you have to follow Boglehead principles to post here? Sure would be nice if people would stop thinking that and agree that some people just want to talk about general investing. Anyone can post, and anyone can respond. This is a Bogleheads forum, not a Jim Cramer forum. Posters as...
by windaar
Fri Feb 19, 2021 9:45 pm
Forum: Personal Consumer Issues
Topic: No Heat Foods?
Replies: 92
Views: 4889

Re: No Heat Foods?

Can of refried beans and a jar of salsa, put side-by side in a bowl, use as dip for tortilla chips. A can or jar of queso cheese dip and jar of jalapenos makes it even better. No heat nachos; fun and filling.
by windaar
Mon Feb 15, 2021 7:29 pm
Forum: Investing - Theory, News & General
Topic: How to Invest in Crypto like a Boglehead?
Replies: 187
Views: 20306

Re: How to Invest in Crypto like a Boglehead?

I have grad degrees but I can't understand blockchain cryptocurrency. I have researched it extensively. I have asked younger people to put it in plain words, but I just can't understand what it is or how it works. So I'm going to stay away. I never understood derivatives either and I stayed away fro...
by windaar
Sun Feb 14, 2021 10:30 pm
Forum: Investing - Theory, News & General
Topic: What was the Dot-Com bubble like?
Replies: 167
Views: 11536

Re: What was the Dot-Com bubble like?

It was obvious to everyone that it was an unreal bubble with valuation completely out of whack with revenue. The Onion ran a piece in 2000 mentioning that theblairwitchproject.com was going to acquire General Motors with "pretend internet money." https://www.theonion.com/aol-acquires-time-...
by windaar
Thu Feb 11, 2021 2:15 pm
Forum: Personal Consumer Issues
Topic: What is your favorite non fiction book?
Replies: 142
Views: 8514

Re: What is your favorite non fiction book?

First Man: The Life of Neil A. Armstrong by James R. Hansen
by windaar
Tue Feb 09, 2021 6:41 pm
Forum: Personal Investments
Topic: Are Bogleheads still investing at Vanguard?
Replies: 132
Views: 11609

Re: Are Bogleheads still investing at Vanguard?

I am happy with Vanguard's products and low expense ratios.
by windaar
Sun Jan 31, 2021 6:27 pm
Forum: Investing - Theory, News & General
Topic: Has Bogleheads lost its direction?
Replies: 331
Views: 29666

Re: Has Bogleheads lost its direction?

There are many forums to learn and talk about 'stock trading' and I wouldn't expect a ton of 'buy and hold mutual fund' threads there as the forum is about 'stock trading', so it would make little sense. The converse is equally as true here where the premise is about buy and hold and CAGR. In simpl...
by windaar
Sat Jan 30, 2021 10:14 pm
Forum: Personal Investments
Topic: Avoiding market timing is HARD
Replies: 58
Views: 4587

Re: Avoiding market timing is HARD

No one can consistently time successfully. They can get lucky, yes. Just like at the roulette wheel in Vegas. But think about it: If anyone COULD consistently time successfully then they would soon have all of the money in the world.
by windaar
Thu Jan 28, 2021 9:55 pm
Forum: Investing - Theory, News & General
Topic: Why not 50/50?
Replies: 175
Views: 17145

Re: Why not 50/50?

It is a great set-and-forget and some do this their whole life. In the old days of TIAA-CREF a lot of professors followed the conventional wisdom of 50% CREF stock and 50% TIAA-Traditional. They did well.
by windaar
Thu Jan 28, 2021 7:12 am
Forum: Investing - Theory, News & General
Topic: Has Bogleheads lost its direction?
Replies: 331
Views: 29666

Re: Has Bogleheads lost its direction?

It has lost its way and I have wondered how it has become a place that is too often NOT "Investing Advice Inspired by Jack Bogle." I don't understand why market timing posts are not immediately taken down just as medical and political posts are. They have nothing to do with the investing p...
by windaar
Tue Jan 26, 2021 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Porsche 911 as an investment....
Replies: 103
Views: 7134

Re: Talk me out of buying a car as an investment....

I have twice bought a classic car. One I had for about 5 years then sold it for the same amount that it cost me. The other I had for 10 years and then sold it for the same amount that it cost me. These were both drivers. I have heard similar experiences from my friends. Some cars reach a kind of val...
by windaar
Tue Jan 26, 2021 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Calculating IRR of Silver Dime
Replies: 10
Views: 793

Re: Calculating IRR of Silver Dime

What you have is what coin collectors poetically call "junk silver." It is worth the silver spot price. Coin guides give the price that you might pay to buy a certain coin, not what a dealer would pay you. Merc dimes have a litle less than 1/10 oz of silver. Old silver coins are cool for t...
by windaar
Fri Jan 22, 2021 6:22 pm
Forum: Personal Consumer Issues
Topic: good duct tape
Replies: 32
Views: 1905

Re: good duct tape

"Gorilla Tape" is as good as it gets for duct tape.
by windaar
Thu Jan 21, 2021 9:04 pm
Forum: Personal Consumer Issues
Topic: What Kind of Generator Do you Use for your Home Backup?
Replies: 139
Views: 8883

Re: What Kind of Generator Do you Use for your Home Backup?

10 KW Generac, runs off natural gas. Powers 12 essential circuits. Has worked great for 15 years, once ran for 6 straight days. The Tech says it still has many more years to go.
by windaar
Thu Jan 21, 2021 5:14 pm
Forum: Personal Investments
Topic: I have learned my lesson. No more preaching finances to my friends or family
Replies: 119
Views: 14472

Re: I have learned my lesson. No more preaching finances to my friends or family

I only give financial advice to friends and family when asked. They never ask.
by windaar
Sat Jan 16, 2021 8:17 am
Forum: Personal Consumer Issues
Topic: Options after being scammed on Ebay from buyer return scam
Replies: 51
Views: 5861

Re: Options after being scammed on Ebay from buyer return scam

It seems that such fraud happens more often with high-demand mainstream consumer goods (like electronics) but not with collectibles, where you have a smaller and more interested, perhaps more genuine bidders. As was mentioned above, you can cancel any bid that you want to. I have cancelled bids from...
by windaar
Fri Jan 15, 2021 7:55 pm
Forum: Personal Consumer Issues
Topic: Secure email provider
Replies: 23
Views: 1960

Re: Secure email provider

Fastmail is secure, affordable, easy to use.
by windaar
Tue Jan 05, 2021 7:11 pm
Forum: Investing - Theory, News & General
Topic: Nobody Knows Nothing
Replies: 5
Views: 1735

Re: Nobody Knows Nothing

Dead Man Walking wrote: Mon Jan 04, 2021 11:35 pm Bogle’s double negative drives me crazy, but he was right.

DMW
Bogle didn't make up the statement, as he tells the story he learned "nobody knows nothing" from a runner named Raymond at a brokerage firm he worked at when he was young.

https://www.youtube.com/watch?v=fLCfkmaqI6k
by windaar
Sun Jan 03, 2021 9:15 pm
Forum: Personal Consumer Issues
Topic: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
Replies: 341
Views: 25981

Re: Any multimillionaire's (more than 2mm) out there still mow their own lawn?

(Not a multi millionaire) I tried a lawn service about 20 years and they did a terrible job - Went as fast as they could, did damage to the lawn, came every week (and charged) whether the lawn needed it or not. I enjoy mowing the lawn, good exercise, relaxing. And I can see what needs attention - th...
by windaar
Sun Jan 03, 2021 8:48 pm
Forum: Investing - Theory, News & General
Topic: When do you change your asset allocation (if ever)?
Replies: 39
Views: 2358

Re: When do you change your asset allocation (if ever)?

I gradually decreased equities as I got older and am now at an allocation too conservative for many, but it kept me from losing sleep or selling last March.
by windaar
Wed Dec 30, 2020 8:34 pm
Forum: Personal Investments
Topic: Tried to Time - lol
Replies: 85
Views: 9616

Re: Tried to Time - lol

You need an asset allocation that will keep you from unwise movements when things on the nightly news panic you.
by windaar
Sat Dec 26, 2020 11:35 pm
Forum: Personal Consumer Issues
Topic: Where do you store gold?
Replies: 118
Views: 8084

Re: Where do you store gold?

I do not store gold. But a safe seems too obvious. An empty paint can on the shelf with 10 other paint cans would not be. But the eventual executor of your will would need to know that there are secret instructions kept somewhere that would alert them of that paint can before it gets thrown out!
by windaar
Fri Dec 25, 2020 1:17 pm
Forum: Personal Consumer Issues
Topic: Favorite Christmas Movies
Replies: 85
Views: 3892

Re: Favorite Christmas Movies

Emmet Otter's Jug-Band Christmas
by windaar
Mon Dec 14, 2020 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: New neighbor interested in buying our home too
Replies: 49
Views: 6521

Re: New neighbor interested in buying our home too

Do I want to sell my house and move, with all that is entailed, "yes" or "no." If "yes," put on market and take highest offer. If "no," stay put. Your neighbor only has their interests in mind. I had a similar offer from a realtor neighbor 2 decades ago. It wa...
by windaar
Mon Dec 14, 2020 8:04 pm
Forum: Personal Investments
Topic: Best way to get back into the market?
Replies: 53
Views: 4371

Re: Best way to get back into the market?

placeholder wrote: Mon Dec 14, 2020 7:52 pmconstantly panic selling and getting back in after a big run-up is a bad investment strategy.
Well said, it is in fact consistently the folly of buying high and selling low.
by windaar
Wed Dec 09, 2020 1:54 pm
Forum: Personal Consumer Issues
Topic: $100 Cash for Teachers - Issues?
Replies: 92
Views: 5279

Re: $100 Cash for Teachers - Issues?

I know lots of teachers. Everyone appreciates a $25 Target card, no need for anything more expensive. They really won't appreciate candy, cookies, or anything food because they get more of that than they can eat.
by windaar
Sat Dec 05, 2020 6:15 pm
Forum: Personal Consumer Issues
Topic: Best xo cognac?
Replies: 19
Views: 1782

Re: Best xo cognac?

If you're adventurous, step to the other side and try Armagnac. I spent 2 years in France and the families and friends I knew never drank Cognac, they drank Armagnac, some very very old.
by windaar
Fri Dec 04, 2020 7:51 pm
Forum: Personal Consumer Issues
Topic: Best Buy Total Tech Support
Replies: 12
Views: 1019

Re: Best Buy Total Tech Support

Best Buy are snakes, I would not trust them. A few years ago we bought a TV from them, and it took a couple of weeks to get the electrician to install the hookups for the wall. The TV had a damaged screen with no impact point. Best Buy refused to take a return or replacement because it went past the...
by windaar
Fri Dec 04, 2020 7:45 pm
Forum: Personal Consumer Issues
Topic: What fountain pen(s) should I buy?
Replies: 30
Views: 2113

Re: What fountain pen(s) should I buy?

I have used fountain pens my entire life. My daily pens are from the Waterman Phileas line with a medium nib, using ink cartridges. To me these write the best and feel great in your hand. And they are not super expensive.
by windaar
Tue Nov 24, 2020 11:26 pm
Forum: Personal Investments
Topic: Lump Sum vs DCA in Today’s Market
Replies: 104
Views: 7030

Re: Lump Sum vs DCA in Today’s Market

Yes, Lump makes most sense most of the time. But jump in at DJ 30,000 and in a month it's 23,000 and you don't sleep at all. And Murphy's Law applies. I'd DCA just for mental health.
by windaar
Tue Nov 24, 2020 1:16 pm
Forum: Personal Investments
Topic: Is this acceptable "market timing"?
Replies: 56
Views: 3399

Re: Is this acceptable "market timing"?

Of course you can do whatever you want but when you post this on a forum with the motto "Investing advice inspired by Jack Bogle" you probably aren't going to find a lot of support!
by windaar
Mon Nov 23, 2020 11:25 pm
Forum: Personal Investments
Topic: How did you determine your asset allocation?
Replies: 38
Views: 2223

Re: How did you determine your asset allocation?

If you're 100% in stocks and stocks fall 50% you'll see your portfolio decline by 50%. You ok with that?If you're 50% in stocks and stocks fall 50% you might see your portfolio decline by half as much, 25%. You feel better about that?And so on. Yes! Last March I saw poster after poster capitulating...
by windaar
Mon Nov 23, 2020 10:55 pm
Forum: Personal Consumer Issues
Topic: Fossil Collecting?
Replies: 23
Views: 1367

Re: Fossil Collecting?

As a kid I was very interested in fossils and found many in gravel at the playground and parking lot islands, or just hunting in local fields. That was lots of fun. Mostly found brachiopods, crinoid stems, other sea fossils, no dinosaur stuff. My parents took me to lapidary stores for a few treats. ...
by windaar
Mon Nov 23, 2020 10:45 pm
Forum: Personal Investments
Topic: How did you determine your asset allocation?
Replies: 38
Views: 2223

Re: How did you determine your asset allocation?

Many dismiss it but I've just done "age in bonds/fixed." That has kept me within being able to tolerate a potential 50% loss in equity in a crash without losing sleep or selling low. It has also allowed me to not think about it or tinker based on events. It has served me very well.