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Interest rate offered was 26.5%, which is variable depending on demand for the security in question. If shorters want it, they pay a lot, and they borrow at 53%. Schwab keeps half, I get half. Again, I don't loan it to the shorter, Schwab does. And Schwab has a trust company hold 102% of the...

That's what I'm thinking; a little added return with Schwab being my borrower, is very tempting. And from what I've read, there's no tax consequences if I use securities from one of my IRAs, which is my plan. One of the things I have read from other places on the web is that they dangle a...

Hi everyone. (It's been years since I have posted, though the advice on this forum has made that possible, since I have been just fine financially. I am grateful.) :) I recently got an email from my broker, Schwab, offering me a high interest rate if I would agree to loan Schwab...

Retire now and follow your bro's advice. Otherwise, your dying words may be two in number: s i x t y... s e v e n...

I loved that book; the stats therein helped me feel like I was on the right path. And I was.

A fraternity sweatshirt that I wore in college (early 80s) and a Burberry trenchcoat bought in the 80s when a local department store shut down (40% off). By the time i got to the department store, the Burberry coats were sold out -- except for one on the mannequin. I asked the size of the...

Retired just over six years ago. Overall net worth up 71%. Portfolio and retirement plans (liquid net worth) up 83%. The party can't go on forever, but I am thankful.

I have I believe 7 or 8 Nest Cams at my Dad's house. They were installed when my Mom lived there and had dementia. (She has since passed on after moving into a nursing home.) My parents trusted my brother and I to monitor the cams only briefly to check on them. We placed them everywhere...

I recommend a neurologist who will give you practical advice about the progression of your dad's disease. I had a mom with dementia, and the neurologist was good medically, but did not give me a practical explanation of the disease's progression and what I could expect. A really good...

My Schwab portfolio analyzer tells me I've annually returned well over 14% since inception (which for me is 2009 with their platform). The FA who handled my retirement plan while I was w*rking has had its flagship mutual fund return about 9% -- with a 1.25% fee. They are a decent-sized...

Mine went down about 5%, to ~$670/mo for gold EPO coverage with $7000 OOP max. and $1000 individual deductible. (Western PA)

24.5% for 2020; 80/20 asset allocation; my first year to gain 7 figures. Um, I doubt that will happen again any time soon.

Never an outright win in a lotto-type situation, but: I once discovered that I was entitled to an ~$200K buyout at my w*rkplace, which I learned shortly after my retirement announcement. I had thought the number was more like $40K. Also, I bought one of the notorious VW diesels that later...

Top of the line Ben Moore works well for me. About $55/gallon (on sale in warm weather), but it lasts about 10 years on my 135 year old siding. If I had bare wood, and the right color was available, I'd use Olympic opaque stain. I have used it on projects, and it has lasted for 15 years...

I have logged out and in a couple of times to attempt to get rid of the ad box resting above the "Recent Threads" box. It remains, taunting me... :coolsmiley::laugh::blush: Is this something I can kill off? Or is this the new normal? Your advice appreciated.

I open a bottle of Veuve Clicquot or DP for every big milestone of that sort. I put the date on the cork and tuck it away -- with the other corks -- way up on a top book shelf, way in the back against the wall. Only I know they are there, but for some reason I get my jollies knowing I have...

Mod: Got it; will keep in mind for future reference. Reminds me of a time about ten years ago when a junior partner in my old f*rm was asking for authorization to wire a six-figure sum abroad to some sort of escrow agent he wanted to use for a deal involving a firm client. (The escrow fees...

I reported them to the FTC, but a lot of good that'll likely do.

Russia and China: I feel safe! :laugh:

If something's too good to be true...

I cannot find either Asia Pacific Group or OCBC Bank on the FDIC web site, even though the Asia Pacific Group web site says they are FDIC-insured. (https://research2.fdic.gov/bankfind/index.html ; [mod note - removed link suspect scam][/url]). The phone number on the web site is not a...

Wow, those rates are almost too good to be true. But definitely worth checking out. Other than ensuring it has a brick and mortar office somewhere, and that it's an FDIC member, I'm wondering what other due diligence to do... If you put $200K into a CD, it better be legit. As to Goldman...

In my heart of hearts, I think cursing is a bit unsophisticated and low class. I really believe that. But I curse like a sailor nonetheless.

I think I've got the right thread, but if not, please advise. I used to earn 1.5% at Barclays, in a savings account. Now it's .006. I have pondered CDs, but frankly, I'm a bit lazy; I just want to move money in and out of a savings account and not worry about CD terms of 1 year, 6 months...

I'll do what I can to reduce my risk, and am grateful for whatever science suggests. Today, I drive to my parents' house to pick up my mom. I am taking her to a dementia ward at the local nursing home for the rest of her days. Rack rate of $375 per day for a shared room -- with expenses...