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Old 10-04-2012, 07:28 PM   #41
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I've thought about starting a small wine "cellar", but would need a wine fridge. No basements around here.
I store my wine in the hallway's coat closet, but with temperature oscillating between 70F and 75F most days, it is far from ideal for long term storage. A wine fridge would be nice, if I had room for it. For now I will have to drink it as fast as I can buy it.
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Old 10-04-2012, 07:36 PM   #42
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I store my wine in the hallway's coat closet, but with temperature oscillating between 70F and 75F most days, it is far from ideal for long term storage. A wine fridge would be nice, if I had room for it. For now I will have to drink it as fast as I can buy it.
Problem solved! I do have room for a small fridge, though.
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Old 10-04-2012, 07:59 PM   #43
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I know that my boonies home basement temperature stays between 50F to 60F, with occasional excursions down to 45F and up as high as 65F. Not ideal, but better than what else I have. Is that good enough? How can I afford a wine fridge big enough for 50 cases?

I am having 2nd thought about this wine aging thing. My palate is not that fine, and I am no oenophile. In order to enjoy it and pat myself on the back for the effort, I must sample some of the wine now, and taste the rest of a batch later after 6 years to see if it improves. My memory is not that good. How will I be able to tell anything?

No, I think I will just continue to buy them and quaff them down.
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Old 10-04-2012, 08:56 PM   #44
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I know that my boonies home basement temperature stays between 50F to 60F, with occasional excursions down to 45F and up as high as 65F. Not ideal, but better than what else I have. Is that good enough?
Good enough, IMO, and most US (red) wines aren't designed to age for more than 10 years anyway. Best to drink within 5 and at most 10 years after buying them.
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Old 10-04-2012, 09:03 PM   #45
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About 130 bottles of wine here. Only half of it fits in my wine fridge .

A couple of cases of beer two - Um, that's a year's supply for us, LOL!

Our water comes from the Rio Grande River - about 1.5 miles away.
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Old 10-04-2012, 09:05 PM   #46
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folks, sorry for the confusion. I was just talking about cash "liquid" and locke-up net worth not so much H2O and wine. :-)
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Old 10-04-2012, 09:27 PM   #47
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Eh, booze is just as important as cash, you know? Look how popular your thread has become.

Hey Audrey, you are not supposed to "age" beer as long as a year, are you? Better drink it up.
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Old 10-04-2012, 10:09 PM   #48
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OK, so let's talk about the other liquid, H2O.

So, I do not have a well with 2,500 gal tank, and only about 40 gal of fresh water. Oh wait, darn it, I already drain the tank of my motorhome. So, only a few gallons of drinking water.

Can I count my 25,000-gal pool in the back? It's loaded with chlorine and a bit salty, but still, if in a bind one cannot be choosy, right?

And then, and then, do I get to count my 50 wine bottles? OK, OK, most are under $10/each, but they quench my thirst fine.

And the stronger stuff that is 80-proof? And how about the beers my loving wife stacks for me in the utility room?

Man, I feel pretty smug.
Does the 400 acre lake in front of my house count?
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Old 10-04-2012, 10:40 PM   #49
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Hey Audrey, you are not supposed to "age" beer as long as a year, are you? Better drink it up.
I know, but it still tastes good.
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Old 10-04-2012, 11:05 PM   #50
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I haven't started the fall brewing season yet, so I think there is only about 20 gallons of beer in the house. Have been running down the wine, so maybe a half a case on hand. Given the ample amounts of chokecherries, mint, etc. I have had handy, I have made several homemade liqueurs as well.

Pretty much all my net worth is liquid (tradeable). That said, I keep about 2 years worth of living expenses in CDs, I bonds and the like. I also have buit up a 10+% portfolio position in cash as I have sold out of some stuff that got excessively valued. It will be redeployed as I see opportunities (like the slug of OLN I bought last week).
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Old 10-04-2012, 11:53 PM   #51
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As far as cash/near cash is concerned about 8 years of living expenses ( I consider my short term bond fund as being near cash). As for liquid assets, my well is only 25 gpm which seems to be ample for our needs but my neighbors well is 100 gpm so I guess he is the wealthier one by far (although he's still working ?).
Just happened to be mulling a bit about your 25-gpm flow rate. That's darn impressive. In the city, I may get that if I open the garden hose full-blast. That's torrential flow.

Up in the boonies, I get water from a co-op, hence have no well. But my neighbor has a well, and he said it's 750-ft deep. Out of curiosity, I worked out the power it takes to bring 25 gpm up to the surface from that depth. Assuming 100% efficiency, that's still an impossible 4.5HP pump. So, my neighbor must be getting a lot less. I will need to ask next time I see him.

So, what's the depth of the water table at your place? I know it's the difference between Oregon and the high plateau of AZ, but man, you are water rich.
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Old 10-05-2012, 02:46 AM   #52
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Liquid, as in anything I can sell today without penalty and have the money available in my checking account within 3 business days:
Using this standard, 3 yrs....2 yrs is in cash or bond fund

Using the wine standard, 100 or so bottles....wine fridge that holds 36 bottles where I keep some of my high priced wine that I want to age and some of the stuff I want temp ready for quick consumption. Also have an earthen cellar in my crawl space which fluctuates between 45 and 72 degrees.
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Old 10-05-2012, 09:13 AM   #53
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Eh, booze is just as important as cash, you know? Look how popular your thread has become.

Hey Audrey, you are not supposed to "age" beer as long as a year, are you? Better drink it up.
Isn't that past the "born again on" date?
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Old 10-05-2012, 09:19 AM   #54
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Just happened to be mulling a bit about your 25-gpm flow rate. That's darn impressive. In the city, I may get that if I open the garden hose full-blast. That's torrential flow.

Up in the boonies, I get water from a co-op, hence have no well. But my neighbor has a well, and he said it's 750-ft deep. Out of curiosity, I worked out the power it takes to bring 25 gpm up to the surface from that depth. Assuming 100% efficiency, that's still an impossible 4.5HP pump. So, my neighbor must be getting a lot less. I will need to ask next time I see him.

So, what's the depth of the water table at your place? I know it's the difference between Oregon and the high plateau of AZ, but man, you are water rich.
My well is 70 ft deep. I live in SW Oregon and we normally get about 30-35 inches of rain a year. And yes, we are definitely water rich although we haven't had any rain at all for almost 3 months now.
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Old 10-05-2012, 09:34 AM   #55
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Just happened to be mulling a bit about your 25-gpm flow rate. That's darn impressive. In the city, I may get that if I open the garden hose full-blast. That's torrential flow.

Up in the boonies, I get water from a co-op, hence have no well. But my neighbor has a well, and he said it's 750-ft deep. Out of curiosity, I worked out the power it takes to bring 25 gpm up to the surface from that depth. Assuming 100% efficiency, that's still an impossible 4.5HP pump. So, my neighbor must be getting a lot less. I will need to ask next time I see him.
Note the depth of the well doesn't necessarily dictate the pump depth setting. Placing a pump at the bottom of a well frequently guarantees heavy sediment content and problems.

For comparison, my well is 800' deep and the water table is around 400' (had to go to 800' to penetrate the aquifer). I have a 2hp pump set at 540 ft and, according to the well company, I'm pumping 8 gpm into my storage tank.
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Old 10-05-2012, 09:49 AM   #56
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Note the depth of the well doesn't necessarily dictate the pump depth setting. Placing a pump at the bottom of a well frequently guarantees heavy sediment content and problems.

For comparison, my well is 800' deep and the water table is around 400' (had to go to 800' to penetrate the aquifer). I have a 2hp pump set at 540 ft and, according to the well company, I'm pumping 8 gpm into my storage tank.
Sounds like an expensive proposition if one has to redrill a new well, so liquid asset could become quite costly
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Old 10-05-2012, 10:00 AM   #57
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Sounds like an expensive proposition if one has to redrill a new well, so liquid asset could become quite costly
Yes, unless you are like a guy I know who lives nearby who got a free one. His submersible pump failed and they were unable to retrieve it from the hole. He ended up having to drill an entirely new well, and decided to spend the bucks to also install a holding tank, as not having one puts extra wear on the submersible pump. The quote for the job was over $20K, but after drilling his new well and installing everything, the well company never billed him.
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Old 10-05-2012, 03:07 PM   #58
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Wife and I both retired - she's 56, I'm 57. We keep 4 buckets.

Bucket 1 = the next 3 years of living expenses. All cash in a MM account at the CU.
Bucket 2 = the next 4 years after B1. 20% Equities in Fidelity account.
Bucket 3 = the next 3 years after B2. 30% Equities in 401K

So...that's 10 years worth of conservative funds.

Bucket 4 = ATR (All The Rest). 50% Equities in 401K and Fidelity accounts.

I manually monitor and rebalance the buckets. If any one is underfunded, I transfer money from the most profitable bucket.

I hope I haven't made things too simple!
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Old 10-06-2012, 01:25 PM   #59
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I consider local savings and VG short term bond fund as my cash reserves. I guess it amounts at a bit less than 2 years of expenses. I am currently in the process of several home improvement projects that will be paid from this pool of $.

I often add to this pool of money as well as scoop up some of it for various projects, cruises and other vacations.
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Old 10-07-2012, 02:44 AM   #60
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I guess I am at about 95% cash. I know, I know... We have had these conversations before, but I have no time to look at equities until I finally retire. Too busy now.
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