Search found 502 matches

by The Old Man
Thu Feb 29, 2024 5:26 pm
Forum: Money and Investment Questions
Topic: garages vs stocks?
Replies: 9
Views: 1581

Re: garages vs stocks?

lillo9546 wrote:
Thu Feb 29, 2024 1:30 pm
?
Vanguard Federal Money Market Fund is as of 28 Feb 2024 yielding a 7-day SEC Yield of 5.28%.
by The Old Man
Mon Feb 05, 2024 1:23 pm
Forum: Money and Investment Questions
Topic: garages vs stocks?
Replies: 9
Views: 1581

Re: garages vs stocks?

The answer is neither.

What you want is CASH!

Money market funds are a screaming deal.
by The Old Man
Sun Feb 04, 2024 12:41 am
Forum: Health and Food Questions
Topic: You Don't Need Health Insurance
Replies: 37
Views: 2636

Re: You Don't Need Health Insurance

I agree that having a health care plan helps for avoiding catastrophic risk, but ignoring that, how does having a plan make me better off day to day health wise than not having one? The purpose of "insurance" is for covering catastrophic risk. A plan will not make you better off day to da...
by The Old Man
Sat Dec 02, 2023 7:50 am
Forum: Emergent Renaissance Ecology
Topic: How is the FIRE movement doing?
Replies: 337
Views: 128602

Re: How is the FIRE movement doing?

So what's going on with the FIRE movement these days? Still strong? "The Truth about FIRE - Is Early Retirement Actually Possible" by The Plain Bagel https://youtu.be/SEItn9Csitg?si=IEhcAKyeDdAcSD4O FIRE has entered the mainstream and remains so. However, just because people are aware of ...
by The Old Man
Tue Aug 08, 2023 11:36 pm
Forum: Money and Investment Questions
Topic: COL comparision: eye surgery vs contact lenses vs eyeglasses
Replies: 11
Views: 8896

Re: COL comparision: eye surgery vs contact lenses vs eyeglasses

Eye Surgery: I had Radial Keratotomy, an eye surgical procedure that is now obsolete. It worked well. I now wear glasses for reading, but do not need glasses for distance vision. Delayed the need for glasses by about twenty years. There were no additional costs for follow-up doctor visits, eye drops...
by The Old Man
Sat Jul 15, 2023 4:43 pm
Forum: Money and Investment Questions
Topic: Living trusts
Replies: 28
Views: 2539

Re: Living trusts

Yep...I am trying to research by posting on this thread, thought that people might have some insight on where to look and research to DIY or whether this really is a "call a lawyer" situation. There is lots of stuff going on, nevertheless, I could die at any time, and since I'm not marrie...
by The Old Man
Mon Jul 10, 2023 1:30 pm
Forum: Emergent Renaissance Ecology
Topic: Is art good for anything?
Replies: 52
Views: 13137

Re: Is art good for anything?

"Is art good for anything?" is a good philosophical question. I believe the sentiments expressed by George Mallory while applicable to a different endeavor can also be applied to art. --------------- “What is the use of climbing Mount Everest? It is of no use. What we get from this adventu...
by The Old Man
Fri Jun 30, 2023 11:08 am
Forum: Money and Investment Questions
Topic: Living trusts
Replies: 28
Views: 2539

Re: Living trusts

What are you trying to accomplish exactly? ERE is all about DIY. In this particular case you should educate yourself on estate planning. After this personal education then and only then should you decide on the particulars of your estate plan which may if deemed necessary involve professionals. Firs...
by The Old Man
Fri Jun 09, 2023 9:19 am
Forum: Health and Food Questions
Topic: supplements
Replies: 7
Views: 876

Re: supplements

http://www.cronometer.com
The free site above will analyze your diet and identify the deficiencies. I take a multivitamin to deal with the deficiencies.
by The Old Man
Thu May 18, 2023 8:45 pm
Forum: Work & Education
Topic: For coders, are these 100% online, accredited programs any good?
Replies: 69
Views: 10225

Re: For coders, are these 100% online, accredited programs any good?

TopHatFox wrote:
Thu May 18, 2023 11:26 am
If anything, I'd blame HR and higher-ed for causing so many of us to jump between fields as we figure out which one is good & bad for us.
@TopHatFox
These are excuses. Remember, personal responsibility. Only, you care about you. No one else does, especially HR and higher-ed.
by The Old Man
Thu May 18, 2023 8:35 pm
Forum: Work & Education
Topic: For coders, are these 100% online, accredited programs any good?
Replies: 69
Views: 10225

Re: For coders, are these 100% online, accredited programs any good?

@THF Everyone is telling you that a CS degree is not necessary. Listen to them! It is frequently the case that self-taught developers have gaps in their background. The best way to deal with this is to engage in self-study to rectify these deficiencies. In interviews you could explain that you recog...
by The Old Man
Mon May 15, 2023 8:37 pm
Forum: Resources & Recommended Reading
Topic: Boyd biography
Replies: 13
Views: 3382

Re: Boyd biography

$1342.44 per month = $16,100 per year in 1975. Adjusting for inflation that would be ~ $90,000 per year in 2023. He is hardly starving. A wife and five children could easily be supported on that income. Would depend a lot on his location. It is true that many ex-military get jobs after they separate...
by The Old Man
Tue Feb 28, 2023 5:49 pm
Forum: Money and Investment Questions
Topic: Population Growth
Replies: 10
Views: 1735

Re: Population Growth

When do index funds and real estate stop being good default investments? Index funds do not prevent against loss. Real estate does not prevent against loss. Index funds are merely an investment mechanism to buy the market. That is all they do. This structure provides no protection whatsoever agains...
by The Old Man
Sat Jan 21, 2023 8:41 pm
Forum: Money and Investment Questions
Topic: Alternative Investments and Generational Wealth
Replies: 3
Views: 1062

Re: Alternative Investments and Generational Wealth

Generational Wealth and Alternative Investments are two different questions. Generational Wealth: Due to the massive conflicts of interest that exist in the financial services industry the approach these days is to use a family office to manage the generational wealth. You typically need a minimum o...
by The Old Man
Sun Jan 08, 2023 6:21 pm
Forum: Money and Investment Questions
Topic: Investing in Self Storage spaces?
Replies: 22
Views: 2314

Re: Investing in Self Storage spaces?

This is NOT an investment. It is a business. Do you want to get into this type of business? We are in the beginning stage of a recession that will go very deep. Is this the type of business that will do well in such an environment? This is the second question that you should answer before plunging in.
by The Old Man
Mon Oct 31, 2022 11:12 am
Forum: Money and Investment Questions
Topic: 4% rule in countries with a welfare state
Replies: 24
Views: 3245

Re: 4% rule in countries with a welfare state

The 4% Rule is an analysis not a plan.

It is an analysis of the expected returns of a stock/bond portfolio over a 30-year time frame with a 95% level of confidence based on USA 20th century data.
by The Old Man
Sat Sep 24, 2022 11:26 am
Forum: Money and Investment Questions
Topic: The 4% Rule – A Castle in the Air
Replies: 345
Views: 46124

Re: The 4% Rule – A Castle in the Air

OK. Now I understand your position. I'm trying to move away from discussions like this towards realistic discussions about how you utilize the data to create your own specific plan. The bigger questions are what is your specific use case and how risk averse are you. There are also catches because yo...
by The Old Man
Fri Sep 23, 2022 9:21 pm
Forum: Money and Investment Questions
Topic: The 4% Rule – A Castle in the Air
Replies: 345
Views: 46124

Re: The 4% Rule – A Castle in the Air

I'm trying to think how to explain this issue to people that are caught up in the idea of SWR's and clear delineations of what is right and wrong etc when it comes to WR's. Remember, there is a difference between a WR for your individual PLAN versus a SWR for the expected return for a broad-market ...
by The Old Man
Fri Sep 23, 2022 8:10 pm
Forum: Money and Investment Questions
Topic: The 4% Rule – A Castle in the Air
Replies: 345
Views: 46124

Re: The 4% Rule – A Castle in the Air

I'm a bit surprised at some of the analysis on this thread. Surely SWR relates to the amount that can be withdrawn from a certain portfolio over a certain period. It can't obviously be determined but can be estimated using analysis of past returns and/or potential future scenarios. Having other ass...
by The Old Man
Sat Sep 17, 2022 2:31 pm
Forum: Health and Food Questions
Topic: Tactics For Dealing With Predatory Relatives In Old Age
Replies: 26
Views: 3633

Re: Tactics For Dealing With Predatory Relatives In Old Age

As far as the YouTube video is concerned this issue is real. A combination of incompetence, indifference, lack of oversight, and especially greed leads to this being a real problem. See the post by bostonimproper. Yes, conservatorship abuse is very real. It is important to recognize that the conserv...