Search found 7162 matches

by Kenkat
Sun May 16, 2021 8:33 pm
Forum: Investing - Theory, News & General
Topic: What decides if a fund has capital gain distributions?
Replies: 4
Views: 339

Re: What decides if a fund has capital gain distributions?

If a mutual fund sells securities in its portfolio that result in capital gains, they are required to distribute those gains to shareholders every year as taxable income. Index funds typically minimize these types of transactions due to low turnover and some additional management techniques to avoid...
by Kenkat
Sun May 16, 2021 8:25 pm
Forum: Investing - Theory, News & General
Topic: Are Vanguard's 10-year forecasts flawed in any way?
Replies: 25
Views: 2308

Re: Are Vanguard's 10-year forecasts flawed in any way?

Of course they are flawed. Any market moves made in response to these types of forecasts are doomed to (random chance of) failure. However, they do have some value in terms of long term planning. Plug some numbers into your portfolio and your savings rate to see if you are on-track, woefully short o...
by Kenkat
Sun May 16, 2021 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Clarification on 25x annual spending rule
Replies: 7
Views: 649

Re: Clarification on 25x annual spending rule

The 4% guideline takes inflation into account; it is an inflation adjusted withdraw rate.
by Kenkat
Sun May 16, 2021 10:14 am
Forum: Personal Finance (Not Investing)
Topic: How many years of expenses did you save for before you retired?
Replies: 58
Views: 6015

Re: How many years of expenses did you save for before you retired?

25x also is based on no other sources of income like social security or pensions. You really only need 25x expenses net of other sources of income. Many people successfully retire with less than 25x. I was thinking, I have an inlaw that has exceeded expenses with pension/SS over a long period (20+ ...
by Kenkat
Sat May 15, 2021 8:45 am
Forum: Personal Consumer Issues
Topic: Hiking solo in the [Smoky] Mountains
Replies: 65
Views: 4387

Re: Hiking solo in the [Smoky] Mountains

I frequently solo hike in a national forest near Great Smokey Nat. Park. I think my greatest risk is injury from slipping and falling on wet roots or rocks. Next are deer ticks, yellow jackets, poison ivy and rattlesnakes. Then there are unleashed dogs, out of control mountain bikers and falling tr...
by Kenkat
Sat May 15, 2021 8:29 am
Forum: Personal Investments
Topic: Is there a website that would show taking 5% out of the S&P 500 starting in the year 2000 what would happen to the
Replies: 18
Views: 1664

Re: Is there a website that would show taking 5% out of the S&P 500 starting in the year 2000 what would happen to the

Try https://www.portfoliovisualizer.com/backtest-portfolio For example: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2000&firstMonth=1&endYear=2021&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=100000&annualO...
by Kenkat
Fri May 14, 2021 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: How many years of expenses did you save for before you retired?
Replies: 58
Views: 6015

Re: How many years of expenses did you save for before you retired?

25x also is based on no other sources of income like social security or pensions. You really only need 25x expenses net of other sources of income. Many people successfully retire with less than 25x.
by Kenkat
Fri May 14, 2021 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Losing Motivation in Work - 5 Years To Go - Suggestions?
Replies: 131
Views: 11811

Re: Losing Motivation in Work - 5 Years To Go - Suggestions?

Interesting reading all these posts. I though things were cutthroat out there and if you were over 50 in a well paid job with lack of interest written all over your face then they would show you the door and get someone younger in. That is the situation at least in Australia. Unless it is because i...
by Kenkat
Fri May 14, 2021 12:05 pm
Forum: Investing - Theory, News & General
Topic: For those pondering early or even mid-life retirement
Replies: 53
Views: 6010

Re: For those pondering early or even mid-life retirement

secondopinion wrote: Fri May 14, 2021 12:00 pm
Kenkat wrote: Fri May 14, 2021 8:28 am If working at a tanning salon and wife working at a donut shop is not nirvana, I don’t know what is. :wink:
A mathematical research position maybe? Happiness comes in many forms.
Sure, there is more than one path to nirvana :D
by Kenkat
Fri May 14, 2021 8:41 am
Forum: Personal Consumer Issues
Topic: Hiking solo in the [Smoky] Mountains
Replies: 65
Views: 4387

Re: Hiking solo in the Smoking Mountains

Thanks for all the info, I feel more confident doing the hikes now. I'll decide if I want to take the spray. Another Q - how is the parking situation at the trailheads? Not great I am assuming? Where are the "Smoking Mountains"? lol lol, typos!! :D If you are thinking of the very popular ...
by Kenkat
Fri May 14, 2021 8:28 am
Forum: Investing - Theory, News & General
Topic: For those pondering early or even mid-life retirement
Replies: 53
Views: 6010

Re: For those pondering early or even mid-life retirement

If working at a tanning salon and wife working at a donut shop is not nirvana, I don’t know what is. :wink: My brother in law retired in his early 40s from a high pressure job and worked for many years at a local butcher shop - one of those everybody knows the customer’s names and vice-versa. Loved ...
by Kenkat
Fri May 14, 2021 8:14 am
Forum: Personal Investments
Topic: Company sold new 401k sucks PSA's?
Replies: 16
Views: 1425

Re: Company sold new 401k sucks PSA's?

I’d feel comfortable with those S&P funds. Their expense ratios are suitably low. The admin fee of 0.36% is not the lowest one out there, but it’s by no means terrible. I’d hardly say that this 401(k) plan “sucks”. From what you’ve posted, it’s probably close to average. I agree. sschoe2 can yo...
by Kenkat
Thu May 13, 2021 8:28 am
Forum: Personal Investments
Topic: Company sold new 401k sucks PSA's?
Replies: 16
Views: 1425

Re: Company sold new 401k sucks PSA's?

Definitively request the fee disclosure document mentioned in the above article. The group annuity / separate accounts structure is just pooling all participant’s money for each fund which is then invested by Principal under their name with each fund company. They are referred to as “separate accoun...
by Kenkat
Thu May 13, 2021 7:48 am
Forum: Personal Investments
Topic: Savings Bonds Questions
Replies: 11
Views: 1314

Re: Savings Bonds Questions

On question 8, the doubling is a one time adjustment in the form of an interest credit to bring the EE bond up to it’s face value. Any interest after that is earned at the original stated rate for the bond - i.e., you don’t get the “doubling rate” equivalent for later years. So depending on when the...
by Kenkat
Wed May 12, 2021 3:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23286
Views: 3044719

Re: U.S. stocks in free fall

The nice thing about the US stocks in free fall thread is that you can always count on it to reappear at the top of the active thread list from time to time.
by Kenkat
Wed May 12, 2021 1:16 pm
Forum: Investing - Theory, News & General
Topic: Can A Stock Go To Zero?
Replies: 23
Views: 1518

Re: Can A Stock Go To Zero?

Yes. Happens more often than you think. We call it uncompensated risk for individual stocks. A good example is when GM went bankrupt. https://www.usatoday.com/story/money/columnist/krantz/2013/04/30/gm-general-motors-liquidation/2097515/ Right, the company declares bankruptcy, existing shareholders...
by Kenkat
Wed May 12, 2021 11:17 am
Forum: Investing - Theory, News & General
Topic: Commodities? Inflation hedge
Replies: 27
Views: 2282

Re: Commodities? Inflation hedge

I know it’s less than 5 full months, but PCRIX moved to the top of my portfolio in terms of YTD return yesterday. Haven’t seen that for a very long time, if ever.
by Kenkat
Wed May 12, 2021 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Insurance - cost to see doctor
Replies: 13
Views: 984

Re: Insurance - cost to see doctor

Some insurance plans will provide a cost estimation tool on their website. I have United Healthcare and can get costs by provider as well as a general range of costs for different conditions or procedures. A typical “doctor appointment” averages around $70-100 for me after the insurance discount rate.
by Kenkat
Sun May 09, 2021 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare - just A + B?
Replies: 76
Views: 5767

Re: Medicare - just A + B?

What Medicare-covered expenses are you liable for after Medicare and Medigap pay? None. Because the medigap plan covers the rest of the Medicare eligible expense. That’s literally what every Medigap insurer under the sun will tell you when you call and ask. You get a bill you ignore it. In effect, ...
by Kenkat
Sun May 09, 2021 7:09 pm
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 65
Views: 5692

Re: What does your bond portfolio look like in this low interest world?

My bond allocation is supposed to be 30% of my portfolio but it’s closer to 25% with the market run up. I’ve done one rebalancing transaction and have shifted new contributions to fixed income; at some point I may need to do another rebalance (we will see). My bond allocation looks basically like th...
by Kenkat
Sun May 09, 2021 4:30 pm
Forum: Investing - Theory, News & General
Topic: Commodities? Inflation hedge
Replies: 27
Views: 2282

Re: Commodities? Inflation hedge

Commodities were popular here at one time but now they are mostly poorly regarded. There are a few idiots like me here that still hold them. I’ve had a small stake in PCRIX that I’ve held since 2004 and it is doing very well so far this year, perhaps as inflation has picked up, but you can go a long...
by Kenkat
Sun May 09, 2021 4:23 pm
Forum: Personal Consumer Issues
Topic: HOA Advantage
Replies: 110
Views: 7333

Re: HOA Advantage

How many of the people complaining about living in HOAs have never actually lived in one? Answer honestly for yourself. There’s a perception that isn’t always reality. Maybe you’ve seen the Geico commercial where the HOA is cutting down people’s mailboxes for being out of compliance. The HOA I live ...
by Kenkat
Sun May 09, 2021 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling Some Regret Over Conservative Approach to Finances
Replies: 110
Views: 12246

Re: Feeling Some Regret Over Conservative Approach to Finances

Your issue is that you felt superior to them. You were not superior, and you still are not superior. I have never felt superior at all. I have questioned their decisions and actions over a decade long period based on what seemed to be consensus that was reached post crisis (don't over extend and li...
by Kenkat
Sat May 08, 2021 4:29 pm
Forum: Personal Investments
Topic: Considering Crypto, But...
Replies: 62
Views: 4746

Re: Considering Crypto, But...

But I’m starting to feel that if I don’t get some skin into that asset class, that I will be left in the dust in a matter of time. What say ye? Should I put a small % of my portfolio into this asset class? Here's the problem I see with this: to get wealthy with this without taking on too much risk,...
by Kenkat
Sat May 08, 2021 7:39 am
Forum: Personal Consumer Issues
Topic: Recommendation for Leaf Blower
Replies: 58
Views: 2801

Re: Recommendation for Leaf Blower

Why do you need something expensive to blow leaves? :oops: I just use a rake or broom. I had this same discussion in the snowblower thread. It all depends on how many leaves (or how much snow) we are talking... There is no situation where I can see anyone needing a leaf blower over a rake, outside ...
by Kenkat
Fri May 07, 2021 7:52 pm
Forum: Personal Consumer Issues
Topic: Recommendation for Leaf Blower
Replies: 58
Views: 2801

Re: Recommendation for Leaf Blower

Orangutan wrote: Fri May 07, 2021 7:41 pm Why do you need something expensive to blow leaves? :oops: I just use a rake or broom. I had this same discussion in the snowblower thread.
It all depends on how many leaves (or how much snow) we are talking...
by Kenkat
Wed May 05, 2021 7:52 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 618
Views: 44662

Re: Cryptocurrency - Bitcoin Continues to Soar!

It feels like a shake-up is coming that will turn many of the true believers into disillusioned former investors, but then what do I know? Well, at some point, the pool of money and buyers runs out, momentum flattens out. If Bitcoin were to continue growing at 70% CAGR for the next 10 years, it wou...
by Kenkat
Wed May 05, 2021 1:02 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 618
Views: 44662

Re: Cryptocurrency - Bitcoin Continues to Soar!

I think cryptos are fascinating - BUT You can't help but wonder how, exactly, intrinsic value is determined when pricing is determined by whether Elon Musk wears a Dogecoin t-shirt on Saturday Night Live? We live in strange times With GME, TSLA, and now Dogecoin, it's becoming clearer to me that th...
by Kenkat
Mon May 03, 2021 1:25 pm
Forum: Personal Consumer Issues
Topic: In-door Ice Maker - problem/quick fix?
Replies: 13
Views: 928

Re: In-door Ice Maker - problem/quick fix?

I have an LG and occasionally the ice maker will freeze and no longer create more ice. The cubes are frozen but won’t drop into the ice bin. There is a pretty simple fix for mine (there is a “test” button that will force the tray to dispense) but this will be very brand and model specific.
by Kenkat
Sat May 01, 2021 11:57 am
Forum: Personal Consumer Issues
Topic: HVAC replacement when experts disagree
Replies: 96
Views: 6181

Re: HVAC simplicity vs efficiency choice

After having a single stage system and then replacing that with a two stage system, I would never go back to a single stage set-up. Overall evenness of temperature and comfort is noticeably better with the two stage setup. Ours is a high efficiency Bryant and we’ve had no issues so far; the system i...
by Kenkat
Sat May 01, 2021 11:34 am
Forum: Personal Investments
Topic: What is your favorite retirement calculator?
Replies: 50
Views: 6762

Re: What is your favorite retirement calculator?

If you have assets at Fidelity, I really liked their Retirement Planner app:

https://www.fidelity.com/retirement-planning/overview

I liked the level of detail data it allows you to enter as well as the guidance to be sure you are considering all sources of income and expenses.
by Kenkat
Sat May 01, 2021 11:14 am
Forum: Personal Consumer Issues
Topic: plumbing issue -- low flow from bathroom sink faucet
Replies: 14
Views: 925

Re: plumbing issue -- low flow from bathroom sink faucet

Depending on the style of faucet, there can also be an internal cartridge or mechanism that controls the flow of water between hot and cold (especially common with single top control faucets) that can become clogged over time. You can replace the cartridge or buy a rebuild kit depending on the style...
by Kenkat
Fri Apr 30, 2021 12:36 pm
Forum: Personal Consumer Issues
Topic: Should I Buy An Electric Car? How Will It Work?
Replies: 64
Views: 2810

Re: Should I Buy An Electric Car? How Will It Work?

There are a number of Tesla stations on I-70 in Ohio - North of Dayton, Columbus, at I-77 / I-70 interchange and Wheeling, WV.
by Kenkat
Thu Apr 29, 2021 9:09 am
Forum: Investing - Theory, News & General
Topic: 2021 JD Power study: Vanguard ranks highest in customer satisfaction
Replies: 59
Views: 3461

Re: 2021 JD Power study: Vanguard ranks highest in customer satisfaction

Vanguard. Came for the low fees, stayed for the good enough for me service. And the low fees. Always the low fees. What fees?! If you're talking about the ERs the funds charge, you pay those same low "fees" wherever you hold VG funds. You don't have to put up with the crappy VG brokerage ...
by Kenkat
Wed Apr 28, 2021 6:53 pm
Forum: Investing - Theory, News & General
Topic: 2021 JD Power study: Vanguard ranks highest in customer satisfaction
Replies: 59
Views: 3461

Re: 2021 JD Power study: Vanguard ranks highest in customer satisfaction

And package said it would cover 5000 square feet but it only covered 500 square feet. This sounds like me with the mayonnaise jar. :wink: I never get as many sandwiches as I should from a single jar. Regards, Yeah, but 10 times too much weed killer has a much more rapid impact. :happy The weeds are...
by Kenkat
Wed Apr 28, 2021 5:39 pm
Forum: Investing - Theory, News & General
Topic: 2021 JD Power study: Vanguard ranks highest in customer satisfaction
Replies: 59
Views: 3461

Re: 2021 JD Power study: Vanguard ranks highest in customer satisfaction

Vanguard. Came for the low fees, stayed for the good enough for me service. And the low fees. Always the low fees.
by Kenkat
Wed Apr 28, 2021 5:36 pm
Forum: Investing - Theory, News & General
Topic: Explain it like I'm 5: 401K Matching
Replies: 22
Views: 1772

Re: Explain it like I'm 5: 401K Matching

Assuming that 1. your gross income is $5,000 per week, or $130,000 per year. 2. you contribute 6% 3. the match is 50%. You would contribute $300 each paycheck into your 401k account. That money is yours. Your taxable income is reduced by $300 per week, or $7,800 per year. Your employer matches this...
by Kenkat
Wed Apr 28, 2021 1:38 pm
Forum: Personal Consumer Issues
Topic: REAL ID now set to be effective May 3 2023 UPDATE
Replies: 130
Views: 10055

Re: REAL ID now set to be effective May 3 2023 UPDATE

I got mine pre-Covid, but my son got his recently now that BMV offices have re-opened in Ohio. Very simple process for us: 1) Complete acceptable document checklist on Ohio BMV site 2) Make appointment online 3) Present documents 4) Get picture taken and receive temporary license 5) Wait for permane...
by Kenkat
Wed Apr 28, 2021 1:22 pm
Forum: Personal Investments
Topic: Vanguard value index-Taxable account wisdom?
Replies: 21
Views: 1332

Re: Vanguard value index-Taxable account wisdom?

Are there any other funds (Vanguard or otherwise) that are remotely similar to VVIAX (or Russell 1000 Value) and are suitable for a taxable account? VVIAX is going to be your best bet I think; I held Windsor II for a period of time going back to the late 90s before switching to Value Index. This wa...
by Kenkat
Sun Apr 25, 2021 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Career options for a burnt out CPA
Replies: 62
Views: 5549

Re: Career options for a burnt out CPA

I started out of college at a Big 8 firm. I was there 6 years total (by which time it had become the Big 6). I was in consulting but knew a lot of the audit and tax people. The typical path people took is either try for partner or take an industry job at one of the audit clients. Since you like sale...
by Kenkat
Sun Apr 25, 2021 10:33 am
Forum: Personal Investments
Topic: Stable value fund returns
Replies: 8
Views: 483

Re: Stable value fund returns

You should be able to find a stated return somewhere in the fund materials. Mine is currently 3%; the rate is declared at the beginning of every quarter and then any investments occurring in that quarter are guaranteed to earn that rate for the next year. Once the year is up, the rate renews for the...
by Kenkat
Sun Apr 25, 2021 10:10 am
Forum: Personal Consumer Issues
Topic: Looking for best "value" in Patio Furniture
Replies: 45
Views: 3948

Re: Montego from Room & Board

Don't get steel furniture. After 2 years, it will rust . So not true. Room & Board has a great furniture line called Montego. Made with stainless steel in the USA. The wood is indestructible ipé. The cushions are Sunbrella fabric. Custom sizes. Excellent value . https://www.roomandboard.com/sea...
by Kenkat
Sun Apr 25, 2021 9:59 am
Forum: Personal Investments
Topic: Replacement for Vanguard Windsor II
Replies: 5
Views: 1192

Re: Replacement for Vanguard Windsor II

Vanguard Value Index would be the closest index equivalent. I held Windsor II for quite a long time starting in 1998. It is a good value fund overall, with relatively low expenses and low turnover. I did swap it out for Value Index a number of years ago as I no longer saw any reason to hold it over ...
by Kenkat
Sun Apr 25, 2021 9:38 am
Forum: Personal Consumer Issues
Topic: Did I get shilled on Ebay?
Replies: 49
Views: 7034

Re: Did I get shilled on Ebay?

It is possible that the $8 bidder had a maximum bid in the system and your bid simply pushed the price up over that max. This. This is how the ebay system works. There would not have been the 13 second difference from the OP’s bid at 15 seconds and the snipe at 2 seconds in this case, however. I’d ...
by Kenkat
Sat Apr 24, 2021 2:02 pm
Forum: Personal Consumer Issues
Topic: Wireless Earbuds/Headphones Recommendations?
Replies: 59
Views: 4314

Re: Wireless Earbuds/Headphones Recommendations?

Wow, lots of defensive Airpods owners in this thread! Most Airpods owners spent years listening to music with the cheesy headphones Apple (used to) bundle in with iPhones. Did you do an extensive survey on this? Were the original headphones actually made of cheese? I will never believe that's a dem...
by Kenkat
Fri Apr 23, 2021 3:04 pm
Forum: Personal Consumer Issues
Topic: Where to travel with grandparents if they don’t like the beach and can’t walk too far
Replies: 54
Views: 5056

Re: Where to travel with grandparents if they don’t like the beach and can’t walk too far

I’d suggest a nice cabin / house up in the mountains with a big deck and a great view to relax and enjoy. This could be the Blue Ridge mountains of Tennessee or North Carolina or the Rockies of Colorado, Utah, Montana or Wyoming. There’s always day trips you could do from your home base to keep ever...
by Kenkat
Fri Apr 23, 2021 2:01 pm
Forum: Investing - Theory, News & General
Topic: "Mortgage is a negative bond" - please help me understand
Replies: 336
Views: 18284

Re: "Mortgage is a negative bond" - please help me understand

Ehh. Like I said, it is a complex argument. You should model your finances as whatever makes sense. But let me lay out my argument one more time, tailored to your concerns. You want your mortgage as a negative bond, and your house as a diversifying asset with a expected market return of 0% Mortgage...
by Kenkat
Fri Apr 23, 2021 11:12 am
Forum: Investing - Theory, News & General
Topic: "Mortgage is a negative bond" - please help me understand
Replies: 336
Views: 18284

Re: "Mortgage is a negative bond" - please help me understand

Ehh. Like I said, it is a complex argument. You should model your finances as whatever makes sense. But let me lay out my argument one more time, tailored to your concerns. You want your mortgage as a negative bond, and your house as a diversifying asset with a expected market return of 0% Mortgage...
by Kenkat
Fri Apr 23, 2021 8:26 am
Forum: Investing - Theory, News & General
Topic: "Mortgage is a negative bond" - please help me understand
Replies: 336
Views: 18284

Re: "Mortgage is a negative bond" - please help me understand

First, you want to compare apples to apples, and the example you are giving are not apples to apples. I, on purpose, simplified the model to just equity/bonds. And it works just fine if you assume everybody has the same size house off of the balance sheet. However, you want to include a renter vers...