Search found 1029 matches

by Dulocracy
Tue Jun 23, 2015 7:11 pm
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads/BiggerPocketers think there is only one way?
Replies: 123
Views: 13221

Re: Why do Bogleheads/BiggerPocketers think there is only one way?

OP: I max my 401k and Roth IRA first. Second, I am building money in taxable for real estate. My goal is to have four properties completely paid off by the time I die. (My wife is somewhat younger than I am, and I want to leave both assets and an income stream for her.) Why am I doing this? Diversif...
by Dulocracy
Tue Jun 23, 2015 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Best place to order business cards
Replies: 6
Views: 998

Re: Best place to order business cards

Your first question is the correct one: better. Not the second question: cheaper. A business card is a representation of you as a business person. If I see that someone got free cards from vistaprint, I will never do business with them. I am too concerned that they are not running a business properl...
by Dulocracy
Tue Jun 16, 2015 4:57 pm
Forum: Personal Consumer Issues
Topic: Title Search Types and Costs
Replies: 5
Views: 542

Re: Title Search Types and Costs

What state/county is the property in? Sometimes online/county resources are sufficient and you can search yourself for free. In other regions, the cost of obtaining copies may be prohibitive and makes it worthwhile to shop around for a report. Do not do it yourself if you have not done it before. A...
by Dulocracy
Tue Jun 16, 2015 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation - Continuous Change
Replies: 6
Views: 1168

Re: Bond Allocation - Continuous Change

I would not constantly change like that. It would get overly burdensome. We target my wife's age less 15 as our percentage. I was worried about the end of the year when she will be older for a few months, but that comes after our investment goes in (our strategy is a little complicated). I realized ...
by Dulocracy
Tue Jun 16, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Need help finding a CPA knowledgable about expat issues.
Replies: 6
Views: 860

Re: Need help finding a CPA knowledgable about expat issues.

Are you legally a resident of a particular state? You will want a CPA from that state. There are at times some state-specific issues that can arise. If you are looking for a CPA from Georgia, PM me and I can give you a referral. (All of my contracts specifically state I do NOT do tax advice, which m...
by Dulocracy
Tue Jun 16, 2015 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: VDAIX vs. VTSMX - which is more inflation proof ??
Replies: 14
Views: 1237

Re: VDAIX vs. VTSMX - which is more inflation proof ??

There are so many other factors that come into play that you cannot truly identify if one did better than the other BECAUSE of its inflation protection. It is basically a void bet. At some times, value does better. At others, growth does better. This can be based on a sudden feeling of euphoria amon...
by Dulocracy
Tue Jun 16, 2015 4:25 pm
Forum: Investing - Theory, News & General
Topic: Why High Equity Allocation in Retirement
Replies: 78
Views: 9587

Re: Why High Equity Allocation in Retirement

If one does not assume a certain level of return, there is no point in investing. I know that the world may collapse into a "gold and ammo" situation. In that case, I am doomed anyway. I am going to presume that the future will be different from the past, but it will look a little like it....
by Dulocracy
Tue Jun 16, 2015 3:08 pm
Forum: Personal Consumer Issues
Topic: Wedding Receiption
Replies: 38
Views: 4187

Re: Wedding Receiption

We had bourbon, scotch, rum, vodka. Everyone can find something they like with that line-up. Buy in bulk and you will get a discount. We basically had some basics (orange and cranberry juice, coke, etc.) but did not go all out with the extras. A very basic open bar. We got no complaints and a lot of...
by Dulocracy
Tue Jun 16, 2015 3:03 pm
Forum: Investing - Theory, News & General
Topic: Doom and Gloom from Marketwatch
Replies: 26
Views: 5314

Re: Doom and Gloom from Marketwatch

Regrettably, that article is highly politicized--the doom and gloom is based on politics. A party name appears 11 times. He makes a prediction about who will win the next election along with his economic predictions. He names about ten hot-button names of politicians, high officials, a novelist wit...
by Dulocracy
Tue Jun 16, 2015 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring Abroad
Replies: 22
Views: 3800

Re: Retiring Abroad

My advice would be when you retire, live for at least 6 months in a place like Ecuador, and another 6 months in your second choice. Rent a place to live, deal with government authorities, police and medical care, live totally off the local economy. You then can be in a better place to evaluate if y...
by Dulocracy
Tue Jun 16, 2015 2:40 pm
Forum: Personal Consumer Issues
Topic: Retirement areas, not Florida
Replies: 67
Views: 7631

Re: Retirement areas, not Florida

Peachtree City, Georgia. The Atlanta area is much less humid than Florida, but still warm. You can get everywhere (store, restaurants, amphitheater, etc.) via golf cart in Peachtree City. http://peachtree-city.org/
by Dulocracy
Tue Jun 09, 2015 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: When can an early FI person drop disability insurance?
Replies: 10
Views: 1125

Re: When can an early FI person drop disability insurance?

If you are FI, are you working? Some Disability Insurance policies require employment in order to pay out. No job = no benefit. Check your policy to be certain. If you are not working and this applies, you will want to stop paying immediately. If you are still working (as it sounds like you are), I ...
by Dulocracy
Tue Jun 09, 2015 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: 401k with no matching
Replies: 13
Views: 1174

Re: 401k with no matching

Even without the match, 401k is worth it. For IRA savings: I will note that if you anticipate having a larger income in the future, you want to contribute ONLY to a Roth IRA. Why? When you get more income and are starving for tax-advantaged space, you will want to be able to use the backdoor Roth me...
by Dulocracy
Tue Jun 09, 2015 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and Economic Outpatient Care for a Boglehead
Replies: 70
Views: 4571

Re: Inheritance and Economic Outpatient Care for a Boglehead

0.43% Unfortunately, it was very recently received after the passing of my last remaining grandparent. I did have the advantage of a loan from my mother in starting my firm 11 years ago, but that was only because she offered a lower interest rate than the bank would give me in an unsecured business ...
by Dulocracy
Tue Jun 09, 2015 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: What If Creeping Dementia Impairs Your Financial Judgment?
Replies: 25
Views: 3330

Re: What If Creeping Dementia Impairs Your Financial Judgment?

I agree that a fee only adviser could be a good safety net. If you do not like that idea (or need to know when to switch), try this. Have a written investment policy statement. Be specific about what you are and are not allowed to do (including purchasing of insurance and annuities). Go over your fi...
by Dulocracy
Tue Jun 09, 2015 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: I need to be group shamed
Replies: 28
Views: 4960

Re: I need to be group shamed

But all that aside, what would prompt you to increase you stock allocation with valuations this high. That is the move you need to justify. In my mind, that way of thinking is the much worse type of market timing.... potentially adjusting AA as a whole based on timing rather than buying a week earl...
by Dulocracy
Tue Jun 09, 2015 4:31 pm
Forum: Personal Consumer Issues
Topic: Buying a New Construction Home - what do I need to consider
Replies: 32
Views: 2863

Re: Buying a New Construction Home - what do I need to consider

My firm has handled construction disputes for new homes (although I do not handle this area of law personally). I cannot agree more with the suggestions of having your own pre-drywall home inspector. Consider the cost insurance. Builders will sometimes discourage having your own inspector (chosen by...
by Dulocracy
Tue Jun 09, 2015 4:03 pm
Forum: Investing - Theory, News & General
Topic: Rule for "Maximum" Cash Value in Value Averaging
Replies: 4
Views: 396

Re: Rule for "Maximum" Cash Value in Value Averaging

Value averaging is discussed in the wiki: Value averaging It's not market timing in the sense of determining when to buy / sell, but you need to "time" when to use your cash reserve. Investors are cautioned on the use of this technique. Pay attention to the example spreadsheet. Value Aver...
by Dulocracy
Tue Jun 09, 2015 3:21 pm
Forum: Investing - Theory, News & General
Topic: Increasing risk during a market crash/correction.
Replies: 37
Views: 3373

Re: Increasing risk during a market crash/correction.

Food for thought: What about this: Keep your asset allocation, thereby preserving the money you are investing. If your asset allocation before was 80:20, your money stays at 80/20. After a crash: Invest 100% of new money in stocks, thereby not risking your money from before (in the unlikely Japan sc...
by Dulocracy
Tue Jun 09, 2015 2:14 pm
Forum: Investing - Theory, News & General
Topic: Bear Market, Move from Stocks to Bonds?
Replies: 88
Views: 5828

Re: Bear Market, Move from Stocks to Bonds?

You have gotten a lot of excellent answers. Consider an alternative if you will. Set an allocation that works for you. Let us say that at your age it is 85/15 stock/bonds. Stick to it religiously. When the stock market DOES crash, buy 100% stocks with new money (buying low). When the stock market ge...
by Dulocracy
Tue Jun 09, 2015 2:08 pm
Forum: Investing - Theory, News & General
Topic: hard to track Roth Conversions at Vanguard site
Replies: 8
Views: 801

Re: hard to track Roth Conversions at Vanguard site

I find that it is easier if I make one lump sum contribution to a non-deductible IRA at the beginning of the year. I then make one exchange during the year. In times when my wife and I do not have enough to do it at the beginning, we know we miss time in the market, but we wait until we have enough ...
by Dulocracy
Tue Jun 09, 2015 2:00 pm
Forum: Personal Consumer Issues
Topic: Frugal Extreme plus tax benefit?
Replies: 14
Views: 2235

Re: Frugal Extreme plus tax benefit?

I would not try to use it as a tax deduction, but I definitely stock up when something is on sale. When my local Costco had Cottonelle at about 50% what I used to pay at Target for it, I bought a LOT of the huge packages. We have about 8 of them in our garage now (for a family of 2). If the apocalyp...
by Dulocracy
Tue Jun 09, 2015 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: REIT Index Fund - Is Now a Good Time?
Replies: 14
Views: 1985

Re: REIT Index Fund - Is Now a Good Time?

Am considering investing in a REIT Index Fund now. Is now a good time considering the potential for an interest rate hike soon? Thank you. Past performance is no guarantee............ Higher Interest Rates Won't Sink REITs Mike Thank you for the link. I have wondered if REITs would not benefit in a...
by Dulocracy
Tue Jun 09, 2015 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Confused college kid
Replies: 54
Views: 5124

Re: Confused college kid

I know that you believe that losing the internship was a mistake. The point that I am trying to get across (perhaps inadequately) is that the answer to your question is in internships like that one. They prepare you for getting a better job. They prepare you for working on your own. They provide men...
by Dulocracy
Tue Jun 09, 2015 12:49 pm
Forum: Personal Consumer Issues
Topic: What do you do to relax just after returning from work
Replies: 59
Views: 5999

Re: What do you do to relax just after returning from work

My wife takes off my shoes and brings me my slippers. It started as a joke and became a ritual. Nice! How did you swing that deal? I don't own any slippers, but a foot massage would be really nice. You are making some guys envious here ...... It started as a joke about our being your stereotypical ...
by Dulocracy
Tue Jun 09, 2015 12:46 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 365
Views: 29639

Re: QSPIX - thoughts on interesting fund

The fund looks interesting. After reading through some pretty passionate discussion (I though Boglehead investing was boring), I am interested in this fund. Interested is the limit. I like the idea a lot. Larry Swedroe is a really smart guy, and I respect what he says. However, I will not be investi...
by Dulocracy
Tue Jun 09, 2015 11:56 am
Forum: Personal Consumer Issues
Topic: Buying Used Car on eBay
Replies: 27
Views: 2452

Re: Buying Used Car on eBay

As an attorney who hears a lot of stories, I would recommend great caution at purchasing a used car on eBay. I like that service, but certain things are more apt to be trouble. I would make sure all the i's are dotted and t's are crossed before making such a purchase through any internet channels.
by Dulocracy
Tue Jun 09, 2015 10:44 am
Forum: Investing - Theory, News & General
Topic: Rule for "Maximum" Cash Value in Value Averaging
Replies: 4
Views: 396

Re: Rule for "Maximum" Cash Value in Value Averaging

That sounds like a fancy way of saying you should try to time the market. It sounds like an interesting set method of timing the market using pre-determined action, therefore removing the emotion from the matter. It still sounds like market timing, though. If I am misunderstanding, please let me know.
by Dulocracy
Tue Jun 09, 2015 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Confused college kid
Replies: 54
Views: 5124

Re: Confused college kid

You have been accused of having a sheltered life. That accusation is somewhat accurate. It is naive to think that you should dump a great internship opportunity in order to pursue your own pet project at this point. Some reasons for this: 1) You may wind up being the next Bill Gates, but the chances...
by Dulocracy
Fri Jun 05, 2015 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Philosophies of frugality.
Replies: 64
Views: 7171

Re: Philosophies of frugality.

My wife and I are very frugal. We drink water when we go out. In 20 years, I will not remember that coke. We will have a nice wine, however, as that actually adds to the experience of dining out if we are somewhere nice. . In my world, a very frugal person would never spend 7+ bucks on some liquid ...
by Dulocracy
Fri Jun 05, 2015 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Philosophies of frugality.
Replies: 64
Views: 7171

Re: Philosophies of frugality.

do people find it easier to just drink water knowing all this? It is not that I prefer water. It is that I prefer what I can buy with the money over the Coke that I would have with it. Every $2.50 I save on a Coke at a restaurant can go to something else. Would I rather have 4 Cokes or a movie? 4 c...
by Dulocracy
Fri Jun 05, 2015 4:30 pm
Forum: Investing - Theory, News & General
Topic: Is it time to give-up on TIPS?
Replies: 137
Views: 19194

Re: Is it time to give-up on TIPS?

If I was not using a "reverse bond" strategy of paying the amount I should be paying in bonds on the mortgage, I would certainly be purchasing TIPS right now as 50% of my bond allocation.
by Dulocracy
Fri Jun 05, 2015 4:23 pm
Forum: Personal Consumer Issues
Topic: What do you do to relax just after returning from work
Replies: 59
Views: 5999

Re: What do you do to relax just after returning from work

My wife takes off my shoes and brings me my slippers. It started as a joke and became a ritual.
by Dulocracy
Fri Jun 05, 2015 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Advice Needed: building a $20k portfolio for 25 y/o?
Replies: 21
Views: 1922

Re: Advice Needed: building a $20k portfolio for 25 y/o?

Honestly? Skip the bonds. Can you leave it alone? If you can leave it alone, it will have ups and downs, but in the long run, it will (more likely than not) produce for you. You just have to leave it in long enough. Why skip the bonds? 1) you are really young 2) bonds do not do well with taxes 3) (S...
by Dulocracy
Fri Jun 05, 2015 10:00 am
Forum: Investing - Help with Personal Investments
Topic: bond market in near future
Replies: 19
Views: 2607

Re: bond market in near future

A bond "crash" is more likely to be a long slow bleed as interest rates rise. CDs and such can minimize your risk, but you are also losing out on growth. You may want to consider taking on some bonds directly through treasurydirect. That way, you can just hold your bond to maturity without...
by Dulocracy
Fri Jun 05, 2015 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - 32yo starting over
Replies: 6
Views: 1519

Re: Portfolio Review - 32yo starting over

Your situation is a bit more complex because of the bad 401k funds. I would prioritize: 401k to the match (get all of the match, as that is an automatic 100% return on investment) Roth IRA - Max for $5,500 every year More money to the 401k if you have no other savings goals (like a house) Then taxab...
by Dulocracy
Fri Jun 05, 2015 8:30 am
Forum: Investing - Help with Personal Investments
Topic: 30 years old / Missed the bull run
Replies: 50
Views: 8548

Re: 30 years old / Missed the bull run

You caught it at 30. Congratulations! I caught it at about 33. I am now 37, and I am happy to report all will be ok. I have a similar savings percentage as what you have. Keep at it. The one thing that I would advise is to do extra bits at random as money is available. Over the last few years, I hav...
by Dulocracy
Tue Jun 02, 2015 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Should you pay down mortgage if you think home value will drop?
Replies: 13
Views: 1424

Re: Should you pay down mortgage if you think home value will drop?

The only scenario in which it might make sense not to pay down the mortgage would be if you think the value of the house will fall lower than the value of the mortgage and you then intend to declare bankruptcy and turn the house over to the bank. In that scenario, you might be better off not paying...
by Dulocracy
Tue May 12, 2015 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: $25K Whole Life policy for daughter - $130/year - keep it?
Replies: 10
Views: 1283

Re: $25K Whole Life policy for daughter - $130/year - keep it?

Dump it. If you want her to have insurance, tell her to look into a 20 year term policy before she starts thinking about kids. I have a $100,000 term policy for 20 years that costs $85 a year. I got another 20 year term for $500,000 that costs $285 a year. Pay that for her.
by Dulocracy
Tue May 12, 2015 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 225
Views: 48465

Re: Share your networth progression

I was worth -$500 when I got out of law school (No student loans, because of a combination of scholarships and employment during school, but I had $500 on my credit card from getting a nice quiet hotel room both nights before the two day bar exam and meals during that time. Money well spent.) My num...
by Dulocracy
Tue May 12, 2015 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 33989

Re: much ado about coasting (through life)

This is a well worn story, but I think very appropriate here: An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the qual...
by Dulocracy
Tue May 12, 2015 11:49 am
Forum: Investing - Theory, News & General
Topic: Poll: Increasing international equities
Replies: 70
Views: 5766

Re: Poll: Increasing international equities

Our goal has been 40% since we set our asset allocation. I am currently around 39%, and the wife is around 42% international. As someone said: Vanguard changed its allocation to be like me, not the other way around.
by Dulocracy
Tue May 12, 2015 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Philosophies of frugality.
Replies: 64
Views: 7171

Re: Philosophies of frugality.

My wife and I are very frugal. We drink water when we go out. In 20 years, I will not remember that coke. We will have a nice wine, however, as that actually adds to the experience of dining out if we are somewhere nice. We do not buy much at the store. We live fairly simply. I do not have the newes...
by Dulocracy
Tue May 12, 2015 11:14 am
Forum: Personal Consumer Issues
Topic: Bought a brand new house - what next?
Replies: 17
Views: 2171

Re: Bought a brand new house - what next?

Go over your insurance with your agent to make sure that you have the coverage that you want. Ask questions. Be absolutely sure that you have all of the coverage that you want. Ask the agent what coverages are available and what they would recommend adding.
by Dulocracy
Tue May 12, 2015 9:45 am
Forum: Personal Finance (Not Investing)
Topic: another first time home buyer question
Replies: 3
Views: 557

Re: another first time home buyer question

1) I think you are spot on with the amount that you are borrowing. 2) Most people buying in the peak season will wind up paying a little more. 3) I agree with Carefreeap that you want a house you will enjoy. Do not buy it for its investment value. In 20 years, a lot can change. Buy for what fits you...
by Dulocracy
Fri May 08, 2015 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 33989

Re: much ado about coasting (through life)

While it is not the lifestyle for me, if it is what you want, go for it. My main piece of advice would be to become financially independent first. If you are drawing down, you are losing not only principal, but also growth on that principal. That means even more lifetime hours working to make up for...
by Dulocracy
Fri May 08, 2015 12:03 pm
Forum: Personal Consumer Issues
Topic: What to do with 1940's refrigerator that still works?
Replies: 36
Views: 2953

Re: What to do with 1940's refrigerator that still works?

Do not sell it for scrap. Vintage is in. You will likely fetch a good price, as vintage appliances (mostly stoves, since refrigerators did not hold up as well) are a hot ticket item. The problem is shipping. You would want to make it clear they had to pick it up.
by Dulocracy
Thu Apr 30, 2015 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: [How do I lead a discussion about saving for retirement?]
Replies: 38
Views: 4323

Re: [How do I lead a discussion about saving for retirement?

Thank you all for the great insight. Apologies to LadyGeek for adding work... my post was not well titled. I appreciate the links, resources, and thoughts people put forward here. I am supposed to talk to a group of college students in the Fall, it would seem. If only one of them listens, it will be...
by Dulocracy
Thu Apr 30, 2015 3:03 pm
Forum: Personal Consumer Issues
Topic: Morningstar website slowness
Replies: 5
Views: 424

Re: Morningstar website slowness

Yes. I assumed it was something to do with my computer or internet connection. I sometimes have to re-load pages that time out.
by Dulocracy
Thu Apr 30, 2015 2:43 pm
Forum: Personal Consumer Issues
Topic: What do you tip a valet?
Replies: 54
Views: 4264

Re: What do you tip a valet?

Also from Atlanta, so I understand the frustration around here. I usually tip $2, but if I am going home from work, I often have confidential paperwork in my trunk that I cannot let others have access to, even if it is unlikely they would take anything. As I take that very seriously, I am often in t...

Go to advanced search