Search found 213 matches

Return to advanced search

Re: How much energy does water heater use when I'm not home?

Use the breaker, don't worry about it. We have a lake home we built about 8 years ago. It has an electric water heater. We always turn off the breaker when we leave and back on when we arrive. We tend to use the lake house about twice a month and we've had no problem and are still on the original br...
by Woodshark
Sun Jul 20, 2014 5:07 pm
 
Forum: Personal Consumer Issues
Topic: How much energy does water heater use when I'm not home?
Replies: 32
Views: 2720

Re: What after-tax income could you live on today?

We are in our low 50's. No kids. Two houses (home and vacation home) both paid for. Our yearly expenses are 36K after taxes. This includes a couple of week long vacations to the virgin islands. Add another 500 or so for medical insurance premiums and we are good at 42K.
by Woodshark
Fri Jul 11, 2014 6:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: What after-tax income could you live on today?
Replies: 48
Views: 4991

Re: List of Worst financial advice (what not to do):

Here are several of the best examples of bad advice I can think of....... "Don't worry about saving for retirement when you're young. Just wait till you're older and have more money. Then you can start investing" "Lease a car. After the lease is over, turn it in and get a new one. Tha...
by Woodshark
Tue Jul 08, 2014 8:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: List of Worst financial advice (what not to do):
Replies: 144
Views: 15963

Re: How many Bogleheads golf?

I've tried it a couple of dozen times over the last 15 years or so. Even own a set of clubs. Still, never caught the golf fever. I just don't understand why people love this game so much. As Mark Twain said " Golf is a good walk spoiled"
by Woodshark
Sat Jun 28, 2014 8:51 pm
 
Forum: Personal Consumer Issues
Topic: How many Bogleheads golf?
Replies: 81
Views: 4300

Re: Safe draw down %?

The generic safe draw down is that is a portfolio of 50% stock index and 50% bond index should have a 90% chance of lasting 30 years with a 4 percent annual draw.

Click here for more.
http://www.bogleheads.org/wiki/Safe_withdrawal_rates
by Woodshark
Fri Jun 27, 2014 5:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Safe draw down %?
Replies: 21
Views: 2075

Re: It is time to retire when you .......

My favorite answer to "It's time to retire when...." is short, sweet and to the point.

"When you have enough and you've had enough"
by Woodshark
Fri Jun 20, 2014 5:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: It is time to retire when you .......
Replies: 104
Views: 9661

Re: Where do I go from here?

When I was your age someone showed me the potential power that compounding could have on my investments. Basically, a little invested when you are young works out much better than waiting a few years and then having to invest a lot more to play catch-up. That is when I decided that l would split my ...
by Woodshark
Thu Jun 19, 2014 5:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where do I go from here?
Replies: 13
Views: 1193

Re: How to calculate percentage of income needed once retire

It is expenses (not income) that you need to use as a figure for retirement. There are two ways to figure it out. HARDER/More accurate: Track your expenses by category every month for several years. Then maybe budget in large items that come along once in a while, ( new roof, new car, wedding for da...
by Woodshark
Mon Jun 16, 2014 6:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to calculate percentage of income needed once retired?
Replies: 13
Views: 997

Re: New low income investor

I'm looking for some advice on what fund to choose. Would it be smart to just put it into the same fund as my Roth (Vanguard Total Retirement 2050)? It seems to perform well and has a low ER but I'm wondering if it's a better idea to diversify a bit from this? Yes, it would be very smart to put it ...
by Woodshark
Fri May 30, 2014 5:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: New low income investor
Replies: 6
Views: 1198

Re: Denied Free Retirement Plan [at Vanguard]

If it really bothers you then go to your local credit union or small town bank. Get a HELOC or personal line of credit for 30K. As soon as it's available, move it to Vanguard. Start the free plan ASAP. Wait one week, move the $ and pay off the credit line. Done. At most you might be out around $75 t...
by Woodshark
Sun May 25, 2014 6:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Denied Free Retirement Plan [at Vanguard]
Replies: 31
Views: 3298

Re: penny smart, dollar stupid with cars

Even though the truck is a gas guzzler, it seems like you still enjoy/want/need a truck...for now anyway. Keep it for now at least. Wait until about three months after you've moved. Then ask yourself "Did I NEED to have a truck over the past couple of months?" Then you will have your answer.
by Woodshark
Sun May 25, 2014 6:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: penny smart, dollar stupid with cars
Replies: 24
Views: 3161

Re: replacing capacitors on a heat pump

I'm a pretty handy type guy with a working knowledge of electricity and electronics. After the first repair guy charged me $$$ for 10 minutes of work to replace a cap in our AC unit, I decided to replace them myself the next time. The next time happened about 6 months later. It was on the other unit...
by Woodshark
Thu May 22, 2014 8:48 pm
 
Forum: Personal Consumer Issues
Topic: replacing capacitors on a heat pump
Replies: 10
Views: 874

Re: Staking Tomatoes

I use 2x2 stakes, and the wire tomato cages. I've had the cages for at least 15 years and they still work. I tie them up pieces of my wife's old pantyhose. :D If she gets a run in a pair, it goes into the garden area to be used later. I learned this trick from an old farmer back in the 70's. They ti...
by Woodshark
Thu May 22, 2014 6:00 pm
 
Forum: Personal Consumer Issues
Topic: Staking Tomatoes
Replies: 20
Views: 1028

Re: John Rekenthaler

ObliviousInvestor wrote:
Taylor Larimore wrote:I hope that you will continue to share your thoughts

Ditto this. Welcome, John!

Another welcome John. Thanks for your input. I hope you find many occasions to post your thoughts.
by Woodshark
Wed May 21, 2014 6:13 pm
 
Forum: Investing - Theory, News & General
Topic: "Is Bogle Befuddling?"
Replies: 57
Views: 7053

Re: The 30,000 Club

I think that there are a few here with wisdom that (thankfully take the time) to respond to our questions with the proper blend of insight, knowledge, experience and humor. For that few that post a great deal, I thank you.
by Woodshark
Thu May 15, 2014 5:26 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: The 30,000 Club [Number of Bogleheads forum posts]
Replies: 23
Views: 2464

Re: best cat litter and price

We use "Cats Pride" -natural (no perfume) because our feline has problems with scented brands. I usually wait till it's buy one/get one free at our local grocery store (Publix) and stock up.
by Woodshark
Tue Apr 29, 2014 6:00 pm
 
Forum: Personal Consumer Issues
Topic: best cat litter and price
Replies: 11
Views: 686

Re: Really confused by Bernstein

snip For quite a while rule of thumb of SWR has been discussed with implicit assumption that fixed portion of portfolio allows one to weather the risk of equities. Now discussion comes along and says if you only have 25 times needed expenses then none of that can be at risk. Reality is saving more ...
by Woodshark
Thu Mar 27, 2014 6:22 pm
 
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14440

Re: Really confused by Bernstein

After some reflection, I see what the OP is talking about. I’ve been reading this and other investment and retirement forums for a couple of years. About 95% of the basic structure of all the advice has been to make sure to save at least 25 times your annual expected expenses. Invested in a good mix...
by Woodshark
Mon Mar 24, 2014 10:14 pm
 
Forum: Investing - Theory, News & General
Topic: Really confused by Bernstein
Replies: 168
Views: 14440

Re: State Farm or Allstate

One cautionary tale about Allstate. I switched all my business to them after getting a low quote, only to have my homeowner's rate retroactively increased by 20% about 4 months later, following a visit from Allstate's appraiser. The appraiser's valuation of my house was much higher than the valuati...
by Woodshark
Sun Mar 23, 2014 5:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: State Farm or Allstate
Replies: 26
Views: 2084

Re: Cedar Plank Siding

That’s a hard guess to come up with. It depends on several things…. The quality of the cedar The quality of the installation The quality of the stain used The degree and amount of sun and water exposure I would think if you use a good solid color stain maybe recoat every five years and it should las...
by Woodshark
Wed Mar 19, 2014 9:05 pm
 
Forum: Personal Consumer Issues
Topic: Cedar Plank Siding
Replies: 14
Views: 1106

Re: Anyone know of places to purchase canes

You can buy a generic one or buy one custom made for your height and build. I made my FIL one for Christmas. He has had several back surgeries over the years and now needs one for balance. His has a brazilian cherry shaft with a mahogany handle and maple and purple heart accents. He shows it off all...
by Woodshark
Tue Mar 18, 2014 6:15 pm
 
Forum: Personal Consumer Issues
Topic: Anyone know of places to purchase canes
Replies: 26
Views: 1342

Re: "Getting Real About Retirement"

To the OP, thank you for the breath of fresh air. We almost always ("sometimes" would have been a gross under calculation) tend to over think things. With all the RMD spreadsheets and monte carlo simulations, it is nice to see a little real life presented here every now and then.
by Woodshark
Sun Mar 16, 2014 9:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: "Getting Real About Retirement"
Replies: 27
Views: 3253

Re: Two commas...

First off, congratulations! It's a tough crowd here some days but you know, compared to the general populous, it is a very nice achievement. Some consider is net worth, including your principal home minus any outstanding debts. Others consider it only if it's all in investable assets, not including ...
by Woodshark
Fri Mar 07, 2014 6:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Two commas...
Replies: 32
Views: 3380

Re: what's your number?? (for married couples)

I know you came here looking for answers and clarity. With all the different responses it's probably clear as mud now. Some of the early and simple answers are the best. Simple method- Figure out your expenses in retirement. Subtract any pensions from this amount. Take the result and multiply it tim...
by Woodshark
Thu Feb 27, 2014 6:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: what's your number?? (for married couples)
Replies: 70
Views: 6428

Re: Do you balance your checking account?

Levett wrote:Now I know for sure I'm an old-timer.

The very question strikes me as absurd.

Lev


My thoughts exactly. The first thing I thought was "of course I do". I cannot imagine not balancing it. I've caught way too many mistakes in the past to give it up.
by Woodshark
Sun Feb 16, 2014 6:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you balance your checking account?
Replies: 114
Views: 5160

Re: Joined the "Two Comma Club" Today

At 27. That is wonderful. I was around 50 before joining the club.
by Woodshark
Fri Jan 31, 2014 7:06 pm
 
Forum: Investing - Theory, News & General
Topic: Joined the "Two Comma Club" Today
Replies: 47
Views: 4610

Re: Best Boglehead lesson

I learned, after many years of doing the wrong things, that investing is simple. However, because of human nature to fiddle with things, not at all easy. I now understand what Taylor calls the majesty of simplicity. I learned that 1% is a lot of money for the price of advice when compounded over tim...
by Woodshark
Mon Jan 13, 2014 7:00 pm
 
Forum: Investing - Theory, News & General
Topic: Best Boglehead lesson
Replies: 74
Views: 5619

Re: What are your favorite websites and forums?

Are you talking about investment / retirement or general interest? Frugal living and life-hacking goes to Mr. Money Mustache http://www.mrmoneymustache.com/2011/04/06/meet-mr-money-mustache/ Early retirement dreams are at http://www.early-retirement.org/forums/ Drop out and travel the world with you...
by Woodshark
Sun Jan 12, 2014 6:58 pm
 
Forum: Personal Consumer Issues
Topic: What are your favorite websites and forums?
Replies: 8
Views: 2131

Re: Thinking about buying a 2014 Acura RDX

Consider a loaded Honda CRV. Another vote for the CRV. We have some good friends who had the Acura for years. They decided to give it too their daughter and buy a new one for themselves. After comparing the Acura to the Honda, they chose the CRV because it was just as reliable and the ride was almo...
by Woodshark
Sun Jan 12, 2014 6:42 pm
 
Forum: Personal Consumer Issues
Topic: Thinking about buying a 2014 Acura RDX
Replies: 44
Views: 3935

Re: Made a $50k bet on Healthcare

but I am going to warn you seriously about the danger of slogans. Specifically, the danger of maintaining some little private stock of maxims and slogans, all mutually contradictory, that you can use in place of thought--a nice little baby rattle you can hand to your left brain to play with to dist...
by Woodshark
Sat Jan 11, 2014 7:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Made a $50k bet on Healthcare
Replies: 49
Views: 6909

Re: Surprises in 2014

Levett wrote:Vanguard will offer a new Managed Payout Fund simply called Plan B. :wink:

Lev

At first I laughed out loud. Then I thought about it.
All jokes aside, this would be very popular. :P
by Woodshark
Tue Jan 07, 2014 7:18 pm
 
Forum: Investing - Theory, News & General
Topic: Surprises in 2014
Replies: 51
Views: 4670

Re: Favorite Christmas Gift

Remote thermometer for my Big green egg.
by Woodshark
Sat Dec 28, 2013 6:43 pm
 
Forum: Personal Consumer Issues
Topic: Favorite Christmas Gift
Replies: 43
Views: 2220

Re: Cash in Your Wallet

I always have cash. Seldom less than $20 or more than $100.
by Woodshark
Sat Dec 28, 2013 6:42 pm
 
Forum: Personal Consumer Issues
Topic: Cash in Your Wallet
Replies: 93
Views: 4312

Re: Drawing Down a "Peace of Mind" Fund

A little over a month ago I finally drew off around 2 percent of our investments and purchased a car. (I've been driving a 98' and the wife has been suggesting for over a year it was time to upgrade.) At the time it bothered me to no end since it dropped our total figure below a nice round figure. N...
by Woodshark
Fri Dec 27, 2013 6:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Drawing Down a "Peace of Mind" Fund
Replies: 12
Views: 1057

Re: Good Christmas (gag) gift

A DVD of the Disney/Pixar movie Cars. It's a gag gift for him but the daughter's would enjoy watching it.
by Woodshark
Mon Dec 16, 2013 6:14 pm
 
Forum: Personal Consumer Issues
Topic: Good Christmas (gag) gift
Replies: 18
Views: 1821

Re: Stock Picking is Hard

Argulator, I'm not sure if you did the research or found this juicy piece of investing irony on the web but thank you for posting it. Every once in a while those slick magazine covers with the large headers screaming "Best Stocks NOW! or Sell-Sell-Sell these stocks ASAP! almost lure me in to bu...
by Woodshark
Mon Dec 16, 2013 6:04 pm
 
Forum: Investing - Theory, News & General
Topic: Stock Picking is Hard
Replies: 21
Views: 1726

Re: Have 5 years to repay 20k. Where should I put it?

It looks like your parents were nice enough to loan you 20K so that you did not have to sell 20K from your investment portfolio. (Maybe even interest free.) I would repay this kindness by paying them back with regular monthly payments. $350 a month is a good baseline and maybe even more occasionally...
by Woodshark
Sat Dec 07, 2013 4:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: Have 5 years to repay 20k. Where should I put it?
Replies: 22
Views: 1435

Re: Buying a Honda in Atlanta

We live in metro Atlanta and have purchased two new Honda's in the past decade or so. I have no experience with the dealership you mentioned, Curry Honda, but I will give you my impression of a few I have dealt with. Carey Paul Honda in Gwinnett County on hwy 78: Very nice, honest and professional. ...
by Woodshark
Wed Dec 04, 2013 7:08 pm
 
Forum: Personal Consumer Issues
Topic: Buying a Honda in Atlanta
Replies: 16
Views: 1380

Re: Wine for daily consumption?

Apothic red. About $10.
by Woodshark
Wed Dec 04, 2013 6:53 pm
 
Forum: Personal Consumer Issues
Topic: Wine for daily consumption?
Replies: 105
Views: 5481

Re: Free Cloud storage

If it's really mostly old family photos then the bulk of the data is not going to change, it will just increase as time goes by. The simple answer for backup is to copy the files to a few DVD's and store them at another place. (Your house, bank lockbox, auntie Jean's basement etc.) Now with the bulk...
by Woodshark
Wed Dec 04, 2013 6:50 pm
 
Forum: Personal Consumer Issues
Topic: Free Cloud storage
Replies: 23
Views: 1696

Re: VTI vs. VTSMX

A difference I don't see mentioned yet is settlement dates. If you sell the VG fund will sell that night and the money can be used to buy another fund or sent to your bank then. With an ETF there is a 4 day settlement period where the funds are not yet paid and considered "untouchable". T...
by Woodshark
Tue Dec 03, 2013 6:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: VTI vs. VTSMX
Replies: 14
Views: 1413

Re: Why do TIAA CREF index funds have such high fees?

Although their expenses are not rock bottom, compared to the really poor selections that some employers offer I would be thankful to have TIAA CREF as an option.
by Woodshark
Tue Nov 19, 2013 6:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why do TIAA CREF index funds have such high fees?
Replies: 19
Views: 1686

Re: Investment allocation-Year 1 of Retirement and beyond

Run firecalc at firecalc.com at an asset allocation of 50/50 and see if you're at 90% probability to make sure your investments make it till you're 95 years old. Adjust your asset allocation and spending requirements as needed. As a side note, even in retirement I doubt that I will ever go less than...
by Woodshark
Mon Nov 18, 2013 4:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment allocation-Year 1 of Retirement and beyond
Replies: 8
Views: 592

Re: Do Bogleheads have a number?

We (my wife and I) have a number but with a caveat. In less than two years she can retire with a state pension that almost exactly meets our monthly / yearly base spending requirements. I want to also have an investment portfolio that is at least 25 times that same yearly figure. Sort of a belt AND ...
by Woodshark
Sun Nov 17, 2013 4:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads have a number?
Replies: 118
Views: 11428

Re: Best "Indirect Financial advice" you ever received?

Two od my favs,

It's not how much you have, it's how much you enjoy that defines happiness.

With planning you can have anything you want, just not everything you want.
by Woodshark
Tue Nov 12, 2013 6:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Best "Indirect Financial advice" you ever received?
Replies: 66
Views: 3649

Re: Dollar Cost Averaging -- good or evil?

There are statistics, there are emotions and then there is common sense. Statistics says that markets are more likely to go up than down so given a lump sum, it is statistically better to invest in all at once. Emotionally, with the market at or near record highs, I think it is easier on the investo...
by Woodshark
Thu Nov 07, 2013 7:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Dollar Cost Averaging -- good or evil?
Replies: 48
Views: 2460

Re: Mini Cooper or Fiat 500?

Don't forget the VW GTI, winner of many awards over the last couple of decades, widely considered to be the original "hot hatch," and the standard to which all others are compared. Oh, fond memories. I had one of the original ones with the golf ball stick shifts way back in the early to m...
by Woodshark
Mon Nov 04, 2013 6:20 pm
 
Forum: Personal Consumer Issues
Topic: Mini Cooper or Fiat 500?
Replies: 49
Views: 4253

Re: Men's Leather Belt: Recommendations?

I'm both frugal AND a belt snob. The absolute best belts in the world are made with glove leather. Once you own one you will not want anything else. The best ones for the money are at Lands End. http://www.landsend.com/products/mens-glove-belt/id_257515 With a discount code your looking at $35 and f...
by Woodshark
Mon Nov 04, 2013 5:50 pm
 
Forum: Personal Consumer Issues
Topic: Men's Leather Belt: Recommendations?
Replies: 45
Views: 4943

Re: Mini Cooper or Fiat 500?

Mini Cooper. I'm betting it's funner to drive and will have a higher resale value. They have a fairly good dependability rating as long as you don't buy the turbo model.

Plus the Fiat 500 doesn't look near as good!
by Woodshark
Wed Oct 30, 2013 5:01 pm
 
Forum: Personal Consumer Issues
Topic: Mini Cooper or Fiat 500?
Replies: 49
Views: 4253

Re: [how should I allocate my] bonds

Although a little complicated for my taste, you seem to have it well thought out.
by Woodshark
Wed Oct 30, 2013 4:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: [how should I allocate my] bonds
Replies: 1
Views: 189
Next

Return to advanced search