Search found 2002 matches

by Dave55
Fri Mar 15, 2024 7:42 pm
Forum: US Chapters
Topic: Searching for Lost Contributors
Replies: 537
Views: 138182

Re: Searching for Lost Contributors

AnnetteLouisan wrote: Thu Mar 14, 2024 9:05 pm
Dave55 wrote: Thu Mar 14, 2024 7:01 pm
AnnetteLouisan wrote: Thu Mar 14, 2024 6:56 pm
Dave55 wrote: Thu Mar 14, 2024 9:30 am
Stinky wrote: Wed Mar 13, 2024 5:41 am "Petulant" hasn't posted for a couple of months now.

And abuss368 has been missing in action since the end of 2023.
abuss368 our good friend Tony needed a vacation from the forum. He is alive and well.


Dave
Good to hear he’s doing well - no doubt in your car.

IvyGirl hasn’t posted in a bit. I enjoy some of her posts. Would love her take on the latest inflation numbers - from the trenches.
He is not in my car, but he has been using my plane way too much!

Dave
Don’t ya hate when people borrow the plane without asking?
Tony is the only one who does that.

Dave
by Dave55
Thu Mar 14, 2024 7:01 pm
Forum: US Chapters
Topic: Searching for Lost Contributors
Replies: 537
Views: 138182

Re: Searching for Lost Contributors

AnnetteLouisan wrote: Thu Mar 14, 2024 6:56 pm
Dave55 wrote: Thu Mar 14, 2024 9:30 am
Stinky wrote: Wed Mar 13, 2024 5:41 am "Petulant" hasn't posted for a couple of months now.

And abuss368 has been missing in action since the end of 2023.
abuss368 our good friend Tony needed a vacation from the forum. He is alive and well.


Dave
Good to hear he’s doing well - no doubt in your car.

IvyGirl hasn’t posted in a bit. I enjoy some of her posts. Would love her take on the latest inflation numbers - from the trenches.
He is not in my car, but he has been using my plane way too much!

Dave
by Dave55
Thu Mar 14, 2024 9:30 am
Forum: US Chapters
Topic: Searching for Lost Contributors
Replies: 537
Views: 138182

Re: Searching for Lost Contributors

Stinky wrote: Wed Mar 13, 2024 5:41 am "Petulant" hasn't posted for a couple of months now.

And abuss368 has been missing in action since the end of 2023.
abuss368 our good friend Tony needed a vacation from the forum. He is alive and well.


Dave
by Dave55
Thu Feb 29, 2024 6:35 pm
Forum: Investing - Theory, News & General
Topic: Do cap-weighted funds strictly align with BH philosophy?
Replies: 118
Views: 8899

Re: Do cap-weighted funds strictly align with BH philosophy?

thatbrian wrote: Tue Feb 27, 2024 11:35 pm Please explain to me how owning cap-weighted index funds is not "picking stocks", because this seems like a glaring inconstancy to me.

Thank you!
Owning cap weighted index funds is picking the "stock market" as a whole. "Picking stocks" is researching and owning the stocks that one thinks will out perform other stocks, or the will be winners. In picking a cap weighted total market fund one is not concerned about any individual stock. In "picking stocks " the market is not the consideration, the stock is the consideration.

Dave
by Dave55
Tue Feb 27, 2024 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Zelle Questions: safety, speed, uses?
Replies: 57
Views: 5488

Re: Zelle Questions: safety, speed, uses?

I have been using Zelle for over 3 years to pay cleaning lady, handyman, gardener and others with no issues. Speed is instantaneous.

Dave
by Dave55
Mon Feb 19, 2024 6:55 pm
Forum: Personal Consumer Issues
Topic: Denver car theft and crime issues - how bad is it?
Replies: 15
Views: 2795

Re: Denver car theft and crime issues - how bad is it?

Couple of other neighborhoods that I looked at were Louisville... My initial intention was to park at the Park N' Ride... I also wanted to make a few visits to Rocky Mountain National Park... Appreciate any feedback! Louisville is very safe though technically not part of the Denver MSA (located about 25 miles NW). There is a Park 'n Ride at the Eastbound US-36 exit at McCaslin Blvd. It might cost $2/day, I can't remember. Not a light rail station but frequent buses (both local and express) to downtown Denver. Easy access to RMNP from Louisville - very pretty drive as well. There may be "timed-access" to RMNP when you are there so be sure to check out the website. Auto crime in Colorado is down quite a bit since the legislature de...
by Dave55
Mon Feb 19, 2024 6:47 pm
Forum: Personal Investments
Topic: Need advice about real estate investment
Replies: 18
Views: 1947

Re: Need advice about real estate investment

My advice is do not do it for many of the reasons listed above and because the learning curve will cost you money which will eat away your returns. In addition you having no experience would be competing with experienced landlords and RE investors for properties. If the pro's did not invest in a given property, there is a reason.

Dave
by Dave55
Sun Feb 18, 2024 7:23 pm
Forum: Personal Investments
Topic: Why there is no mutual fund tracking international growth indexes
Replies: 20
Views: 2360

Re: Why there is no mutual fund tracking international growth indexes

henryphseven wrote: Sun Feb 18, 2024 5:01 pm Hi

I would like to invest in a mutual fund tracking any international growth index, but I found none. The only ETF doing this is EFG, which tracks MSCI EAFE Growth Index. However, like other MSCI EAFE Index funds, you cannot get exposure to Canada and Emerging Markets from this fund.

Even Vanguard does not have this kind of product. Its closest fund is VWIGX, which is actviely managed.

This phenomenon is baffling to me.
In the International Growth Category, Morningstar has over 20 ETF's listed.

Dave
by Dave55
Sun Feb 04, 2024 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Bought the wrong house - Sell now or later?
Replies: 67
Views: 8286

Re: Bought the wrong house - Sell now or later?

Option 4 is "perfection is unattainable", even with a house. Live there a year or more, it could grow on you and you may come to like it. If not sit down with DW and revisit the moving idea.

Dave
by Dave55
Sat Feb 03, 2024 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: DW Laid Off, I'm Panicking
Replies: 166
Views: 20733

Re: DW Laid Off, I'm Panicking

You are light years away from hitting the panic button.

Dave
by Dave55
Sat Feb 03, 2024 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar forums
Replies: 9
Views: 1602

Re: Morningstar forums

Some of the posters from Morningstar forums went to "Big Bang! Investors" others went to "Mutual Fund Observer" and some post in both.

Dave
by Dave55
Thu Jan 25, 2024 6:30 pm
Forum: Personal Investments
Topic: How did you get over your fear of investing in the market?
Replies: 64
Views: 5019

Re: How did you get over your fear of investing in the market?

Education about why invest in stocks and gaining experience by investing. And knowing that Endowments, pensions, insurance companies, sovereign wealth funds, hedge funds, mutual funds all invest in stocks to some degree as a way to get a higher return than cash or bonds. Check out Norway's sovereign wealth fund, the are invested in over 9200 companies worldwide:

https://www.nbim.no



Dave
by Dave55
Mon Jan 22, 2024 8:40 am
Forum: US Chapters
Topic: 🎁 🎉Happy 100th Birthday to Taylor Larimore 🎊🎂
Replies: 429
Views: 41935

Re: 🎁 🎉Happy 100th Birthday to Taylor Larimore 🎊🎂

Happy Birthday Taylor! Thank you for sharing your wisdom with us daily!

Dave
by Dave55
Sun Jan 21, 2024 8:44 pm
Forum: Personal Consumer Issues
Topic: first time into Commercial Real Estate
Replies: 10
Views: 1600

Re: first time into Commercial Real Estate

Hi everyone! I'm interested in venturing into commercial real estate investment (forming an LLC with a couple of friends) and would love some guidance. We have some experience in residential real estate. What are the key steps or tips you would recommend for someone starting out in commercial real estate investment? Any recommended resources or courses to get started? What factors should I consider when selecting my first commercial property? Any online free or for purchase excel spreadsheet available for commercial property analysis? What are some common beginner mistakes to avoid? If you've started in commercial real estate, what challenges did you face initially, and how did you overcome them? Thanks in advance for any insights! Get men...
by Dave55
Fri Jan 19, 2024 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Sell house on open market vs. to "investors?"
Replies: 32
Views: 2714

Re: Sell house on open market vs. to "investors?"

The trustworthy and responsive RE agent will most likely look out for your interests as the seller, mainly getting you the best price for the house. That person also has market knowledge, transaction knowledge and experience to walk you thru potential pitfalls. The licensed appraiser may not have your best interests and may be getting a kickback from the investors. Having bought and sold 7 houses in the past 35 years, I would stick with a reputable knowledgeable RE agent. Dave Apparently you don't know real estate agents well... Trustworthy and responsive? Not in my experience. Or others, since they lost the class action suit for billions. Their goal is to butted their bread. I do know a few for over 40 years and they are friends. They als...
by Dave55
Fri Jan 19, 2024 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Sell house on open market vs. to "investors?"
Replies: 32
Views: 2714

Re: Sell house on open market vs. to "investors?"

The trustworthy and responsive RE agent will most likely look out for your interests as the seller, mainly getting you the best price for the house. That person also has market knowledge, transaction knowledge and experience to walk you thru potential pitfalls. The licensed appraiser may not have your best interests and may be getting a kickback from the investors. Having bought and sold 7 houses in the past 35 years, I would stick with a reputable knowledgeable RE agent.

Dave
by Dave55
Sun Jan 14, 2024 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding backing out of offer on a house
Replies: 15
Views: 1452

Re: Question regarding backing out of offer on a house

I am in Colorado. My RE agent told me a few days ago that once the inspection takes place, I can back out of the deal for any subjective reason based on the inspection report and get my earnest money back.

Dave
by Dave55
Thu Dec 28, 2023 1:18 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712826

Re: What Book Are You Currently Reading? Part VI

ResearchMed wrote: Thu Dec 28, 2023 12:49 pm
Dave55 wrote: Thu Dec 28, 2023 12:29 pm "Broken Trust" the 51st book in the Spenser series (Robert B. Parker) this one is written by Mike Lupica.

Dave

I haven't read any of the Spencer books after Parker.
Are the others pretty similar in style and content, or do they take off with another author's style except with "the same names", etc.

RM
Ace Atkins wrote the Spenser books after Parkers death, he did a pretty good job of capturing Parkers voice, style and content. This is Lupica's first Spenser, and he also captures the voice and content. I have enjoyed all the Spenser books, they are top notch entertainment.

Dave
by Dave55
Thu Dec 28, 2023 12:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712826

Re: What Book Are You Currently Reading? Part VI

"Broken Trust" the 51st book in the Spenser series (Robert B. Parker) this one is written by Mike Lupica.

Dave
by Dave55
Tue Dec 12, 2023 6:45 pm
Forum: Personal Investments
Topic: 50 year old.just got laid off-Need advise Bogleheads!
Replies: 94
Views: 13375

Re: 50 year old.just got laid off-Need advise Bogleheads!

From this old geezers perch, you are free now from the work a day world and extremely fortunate financially on all fronts. No hurry to do anything. The "next move" may show up on your doorstep and if it doesn't in good time you can re-engage and pursue your next job/career.
Best of luck. Enjoy your time off.

Dave
by Dave55
Sun Dec 03, 2023 3:08 pm
Forum: Investing - Theory, News & General
Topic: Value vs Growth divergence is at all time high
Replies: 66
Views: 9657

Re: Value vs Growth divergence is at all time high

pizzy wrote: Sun Dec 03, 2023 2:31 pm If anyone is interested, this was discussed on the most recent episode of "The Compound & Friends" podcast with guest David Kelly, Chief Global Strategist at JPM Asset Management.

Favorite quote: "None of this **** matters if you're a long term investor, we are just having fun..."
That was an outstanding discussion with David Kelly.

Dave
by Dave55
Mon Nov 20, 2023 4:20 pm
Forum: Investing - Theory, News & General
Topic: Wickedly good review of new book on Ray Dalio
Replies: 14
Views: 3443

Re: Wickedly good review of new book on Ray Dalio

The first sentence of the inside liner cover of the book reads: "Ray Dalio does not want you to read this book". I think it will be a very interesting read.

Dave
by Dave55
Sat Nov 18, 2023 2:20 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712826

Re: What Book Are You Currently Reading? Part VI

I’m about mid-way through Harlen Coben’s Don’t Let Go . It’s a real page turner. Someone recommended his Myron Bolitar series which started off sophomoric and fairly predictable, but with promise. I got sucked in and wound up reading the entire series plus the YA Mickey Bolitar spin-off. Coben turned into an exceptional story-teller who is very adept at putting pen to paper. My brain often feels like it’s vacuuming the words. Anyway, consider this elevated murder mystery delivered at a very high level of competence. Coben is one of the best! Dave Watched a few of the Netflix movies based on his books. They are mostly super corny and just poorly done, but come across as stories that are probably good books. Maybe I should give him a try soo...
by Dave55
Fri Nov 17, 2023 6:18 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712826

Re: What Book Are You Currently Reading? Part VI

"The Fund" by Rob Copeland. The unauthorized story of Ray Dalio and his hedge fund.
Also reading "Resurrection Walk" by Michael Connelly, the latest Micky Haller and Harry Bosch book.

Dave
by Dave55
Fri Nov 17, 2023 6:15 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712826

Re: What Book Are You Currently Reading? Part VI

id0ntkn0wjack wrote: Tue Nov 14, 2023 9:40 pm I’m about mid-way through Harlen Coben’s Don’t Let Go. It’s a real page turner.

Someone recommended his Myron Bolitar series which started off sophomoric and fairly predictable, but with promise. I got sucked in and wound up reading the entire series plus the YA Mickey Bolitar spin-off. Coben turned into an exceptional story-teller who is very adept at putting pen to paper. My brain often feels like it’s vacuuming the words.

Anyway, consider this elevated murder mystery delivered at a very high level of competence.
Coben is one of the best!

Dave
by Dave55
Thu Nov 16, 2023 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Long term cap gain on profit from selling the house
Replies: 12
Views: 811

Re: Long term cap gain on profit from selling the house

You cannot do a 1031 exchange if this is your primary residence.

Dave
by Dave55
Thu Nov 16, 2023 2:35 pm
Forum: US Chapters
Topic: What's changed in the last 10 years Bogleheads?
Replies: 279
Views: 57028

Re: What's changed in the last 10 years Bogleheads?

abuss368 wrote: Thu Nov 16, 2023 1:11 pm
nedsaid wrote: Thu Nov 16, 2023 7:21 am
HomerJ wrote: Wed Nov 15, 2023 11:28 pm
DonIce wrote: Wed Nov 15, 2023 7:15 pm US stocks continue to soar.
Heh, nice... I miss that thread.
I loved the Free Fall thread as well. It was too much fun, which is pretty much frowned upon here. The Bogleheads have gotten to be like a Public Library, informative but not much excitement. Since Larry Swedroe left, the fun-o-meter now registers Dullsville. We used to have more lively debates here, I miss Ferri vs. Swedroe.
Hi nedsaid -

All true but we have Dave and his Cayman Islands Hedge Fund😂🤣

Hope you are well.
Tony
It's actually not a hedge fund, it is a family office that uses only index fund's.

Dave
by Dave55
Thu Nov 09, 2023 6:49 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 4524
Views: 617344

Re: What frugal thing did you do today?

Fired a gardener and hired another one that was 70% less expensive.

Dave
by Dave55
Sun Nov 05, 2023 6:16 pm
Forum: Investing - Theory, News & General
Topic: Charlie Munger vs Markowitz
Replies: 46
Views: 7504

Re: Charlie Munger vs Markowitz

abuss368 wrote: Sun Nov 05, 2023 5:02 pm
loukycpa wrote: Mon Oct 23, 2023 1:34 pm Assume his comments are meant for a professional "know something" investor, with so much wealth they can afford to take a lot of concentration risk. Not for the average American, of modest means and with a day job, trying to scrape together enough assets to secure a comfortable retirement.
Hi loukycpa -

Excellent advice. While we often hold such investment experts in high regard, such as Warren Buffett, for example, we must realize these experts may not be well versed in individual portfolio construction. They are operating on an entirely different level.

Best.
Tony
Tony where did you hear that from? :wink:
Any moments of weakness the past few days?

Dave
by Dave55
Sun Oct 29, 2023 4:31 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Real Estate
Replies: 161
Views: 26297

Re: Fundrise - Real Estate

Tony, Fundrise is not a mutual fund, and I suspect Mr Bogle was referring to mutual funds. I do not see any issue with this higher expense ratio for Fundrise. Many private REIT's have a much worse handicap/drag on return's due to the upfront load they impose and their fee structure which is higher than what Fundrise is. Disclaimer: I currently do not own Fundrise or any Private REIT but I have owned private REIT's and many syndicated RE deals when I was younger.

Dave
by Dave55
Sun Oct 29, 2023 1:22 pm
Forum: US Chapters
Topic: Searching for Lost Contributors
Replies: 537
Views: 138182

Re: Searching for Lost Contributors

abuss368 wrote: Sun Oct 29, 2023 11:52 am Where is Dave55?

Has anyone seen him since he got off the Gulfstream and headed to the launch pad for blastoff into deep space?

We miss you Dave as you are a wealth of knowledge!
Tony
I haven't seen him, but if I do, I will let you know. :wink:
by Dave55
Wed Sep 27, 2023 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: I need some peer career counseling
Replies: 34
Views: 3414

Re: I need some peer career counseling

Taylor Larimore wrote: Wed Sep 27, 2023 4:48 pm JfonLA:

If I had over 2 million net worth, and didn't like my job, I'd quit.

It is what I did back in 1982 (with 1M) and I have never had a moments regret.

Best wishes.
Taylor
Jack Bogle's Words of Wisdom: "The most important things in life and in business can't be measured."
Taylor, that is excellent advice!

Dave
by Dave55
Wed Sep 27, 2023 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: I need some peer career counseling
Replies: 34
Views: 3414

Re: I need some peer career counseling

"- am considered a bit of an industry expert and definitely have the deepest industry knowledge in the company "....Can you leverage your expertise into your own independent consulting firm for that industry? (meaning you would compete with current employer, not consult for the current employer) Do you think you can market yourself? Based on your description of the workplace, their treatment of you, your personal stagnation, those are clear signs to head for the exit in my opinion. The beauty of your financial situation is you have time to breathe and figure out what is next for your career if you leave the current job. I hope you do.

Dave
by Dave55
Sat Sep 23, 2023 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a high paying job and retiring early
Replies: 118
Views: 16314

Re: Quitting a high paying job and retiring early

AnnetteLouisan wrote: Sat Sep 23, 2023 5:35 pm My guess: deep sea computer tomography.
Tony (abuss368) pays top dollar but his hours are brutal!

Dave
by Dave55
Sat Sep 23, 2023 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Quitting a high paying job and retiring early
Replies: 118
Views: 16314

Re: Quitting a high paying job and retiring early

After making this much money I can't imagine going back to work somewhere else making less in a year than I currently make in month. I would probably find something to do to keep me busy and bring in some sort of income but I wouldn't want to ever have normal job again. It is taking a major toll on every aspect of my life but I think my biggest fear is quitting this and then later finding out I didn't have enough money and having to go back to work making so much less. These statements seem contradictory. As I read your post, you don't really want to retire. You (understandably) want to find a different job that is far less stressful and demanding. To clarify what I meant is I don't want to go back to a 8-5 job or whatever working for some...
by Dave55
Fri Sep 22, 2023 10:29 am
Forum: Personal Investments
Topic: Who has the LOWEST Stock Allocation??
Replies: 85
Views: 9982

Re: Who has the LOWEST Stock Allocation??

My 91 year old aunt is 23% stocks.

Dave
by Dave55
Fri Sep 22, 2023 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell? - inherited house
Replies: 29
Views: 3602

Re: Should I sell? - inherited house

Your net income is $30K a year on a $3.2M house. That screams: "SELL".

Dave
by Dave55
Fri Sep 22, 2023 10:23 am
Forum: Investing - Theory, News & General
Topic: Aren't you an above-average investor?
Replies: 169
Views: 17516

Re: Aren't you an above-average investor?

I'm a borderline average investor.

Dave
by Dave55
Tue Sep 05, 2023 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need to Learn about Real Estate ASAP-University CE or Online Classes?
Replies: 17
Views: 1734

Re: Need to Learn about Real Estate ASAP-University CE or Online Classes?

Does your elderly relative have a friend he trusts that owns similar RE to what he owns. Or does he have a RE broker that he is friends with and trusts. Those people might be your best bet for some mentoring.

Dave
by Dave55
Fri Aug 25, 2023 12:33 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712826

Re: What Book Are You Currently Reading? Part VI

"The Chamber" by John Grisham. Excellent thus far at 150 pages in, page turner.

Dave
by Dave55
Mon Aug 21, 2023 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Help Annette Keep Working and Not Retire
Replies: 648
Views: 62251

Re: Help Annette Keep Working and Not Retire

Looking for some great reasons *not* to retire for another few years. Straight talk appreciated! Esp from folks in VHCOLAs and those already retired who know the pitfalls. My main ones are: I want to keep alert, continue to make a good income, keep active, keep saving and investing and stay relevant. But performing at a high level is tiring, especially in the era of the FIRE movement and Covid era change. If I keep working I can have a high standard of living and extra to spend on health, and if I retire I’ll have to pinch pennies for 40 years, if I’m lucky enough to live so long. You know my stats: Mid 50s, total comp and other income $340k gross, portfolio $1.55 mil very conservatively invested (AA 20/80), plus small home owned outright ...
by Dave55
Sun Aug 20, 2023 9:38 am
Forum: Personal Investments
Topic: looking for a conservative investment for Sister
Replies: 20
Views: 2544

Re: looking for a conservative investment for Sister

"Afraid of the stock market" is most likely due to lack of knowledge. The cure is gaining knowledge. Is she motivated to learn and understand the basics of investing and the risks entailed whether she uses an advisor or goes DIY? If she is not, then the market is not the place for her money.

Dave
by Dave55
Sat Aug 19, 2023 11:53 am
Forum: Personal Consumer Issues
Topic: Your favorite finance podcast? favorite health related podcast?
Replies: 60
Views: 6396

Re: Your favorite finance podcast? favorite health related podcast?

abuss368 wrote: Sat Aug 19, 2023 11:40 am Bogleheads -

Podcasts have grown on me for sure!

I am enjoying the following:

* Animal Spirits
* Ask The Compound
* The Compound & Friends
* Masters In Business
* Onwards from Fundrise
* Wealthtrack
* The Long View
* Grant Cardone Zone
* Dave’s Cayman Island Hedge Fund Podcast

Best.
Tony
Dave moved to Pebble Beach, CA.
by Dave55
Sat Aug 19, 2023 8:00 am
Forum: Personal Consumer Issues
Topic: Your favorite finance podcast? favorite health related podcast?
Replies: 60
Views: 6396

Re: Your favorite finance podcast? favorite health related podcast?

The Compound and Friends
Animal Spirits
Masters in Business
The Long View
Bogleheads Live
Bogleheads on Investing
Morgan Housel

Dave
by Dave55
Fri Aug 18, 2023 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Closing a house sale without being present
Replies: 24
Views: 2319

Re: Closing a house sale without being present

MacktheKnife wrote: Fri Aug 18, 2023 5:41 pm Thanks for all of the responses. Now the rest of the story....

I'll be signing as power of attorney for an elderly person who is not capable of signing the documents. How does that change the equation? Will the guys at the UPS store notarize a signature being signed by an agent?
Maybe not UPS but I suspect an attorney's office or your local bank would notarize if you bring and present the power of attorney docs.

Dave
by Dave55
Fri Aug 18, 2023 4:32 pm
Forum: Investing - Theory, News & General
Topic: Equities over Cash?
Replies: 72
Views: 6385

Re: Equities over Cash?

Four rate hikes YTD (2023) and the S&P up 14.9%. Who would have thought?

Dave
by Dave55
Sun Aug 13, 2023 5:48 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 7638
Views: 1712826

Re: What Book Are You Currently Reading? Part VI

scguy613 wrote: Sun Aug 13, 2023 3:30 pm
Dave55 wrote: Sun Jun 12, 2022 6:36 pm
scguy613 wrote: Sun Jun 12, 2022 1:19 pm
Dave55 wrote: Sat May 28, 2022 4:28 pm "Every Cloak Rolled in Blood" by James Lee Burke. Inside the book cover reads: "James Lee Burke's most autobiographical novel. Novelist Aaron Holland Broussard is shattered when his daughter Fannie Mae dies suddenly...."

Dave
I just bought this one. James Lee Burke is my favorite author. I hope he does another Robicheaux book before he retires from writing.
JL Burke is one of my favorite author's too! Love every Robicheaux book! Clete Purcell and Dave are a great team!

Dave
[ quote fixed by admin LadyGeek]

I just bought James Lee Burke’s latest book “ Flags on the Bayou” but haven’t started reading it yet.
Flags on the Bayou is excellent.
Dave
by Dave55
Mon Aug 07, 2023 7:49 pm
Forum: Personal Investments
Topic: If you had 9 million dollars and were 65…..
Replies: 140
Views: 19621

Re: If you had 9 million dollars and were 65…..

Harry Livermore wrote: Mon Aug 07, 2023 6:12 pm
Dave55 wrote: Sun Aug 06, 2023 6:07 pm I would give $4.5M to Abuss368 (Tony) and $4.5M to AnnetteLouisan.

Dave
Nothing for Harry Livermore???
OP, I'd 60/40 it (that's where I am now after several years of being closer to 50/50)
I would also take a nice vacation every quarter with my spouse, flying first class.
I'd become slightly more charitable.
I might finally get that Boxster.
At 65, I imagine that somewhere in the back of my mind would be the idea that time is running out to do a few fun things.
Cheers
Harry, Tony and Annette gave me permission to cut you in. You will each get $3M. Wire transfers will commence at the open of business tomorrow morning.

Dave
by Dave55
Sun Aug 06, 2023 6:07 pm
Forum: Personal Investments
Topic: If you had 9 million dollars and were 65…..
Replies: 140
Views: 19621

Re: If you had 9 million dollars and were 65…..

I would give $4.5M to Abuss368 (Tony) and $4.5M to AnnetteLouisan.

Dave