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by Woodshark
Wed May 20, 2015 5:33 pm
Forum: Personal Consumer Issues
Topic: Building a guest house
Replies: 16
Views: 1299

Re: Building a guest house

You have to ask yourself the following.... 1. Do you want to be a landlord with all that it might include? 2. Do you need the rental income? 3. Do you have the 40K in excess funds? 4. What happens if he fails to complete the unit or rents for a few months then moves away? Not likely but alway a poss...
by Woodshark
Wed May 20, 2015 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to fund an early retirement?
Replies: 40
Views: 2343

Re: Ways to fund an early retirement?

Some people are eligible for pensions after 25-30 years of service. (Teachers, police etc) If you start early enough you can retire the first year you qualify and draw a pension in your early 50’s. If you also funded a 457 account and are retired then you have access to it, penalty free. That is our...
by Woodshark
Tue May 12, 2015 5:24 pm
Forum: Personal Consumer Issues
Topic: Patio Furniture
Replies: 16
Views: 1846

Re: Patio Furniture

If your existing outdoor furniture is real teak and not just a teak "finish" then I would recommend keeping it. Real teak is expensive and very weather resistant so it should last for years and years. Before you do something rash like putting on the curb I would recommend giving it a good ...
by Woodshark
Mon Apr 06, 2015 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Can I stop being unemployed and retire?
Replies: 14
Views: 2987

Re: Can I stop being unemployed and retire?

After a quick overlook I have two comments. 1. You have a lot of different investments. I would look into consolidating them into a more simple (less than 10) format. 2. You are almost 60 and state that your estimated withdrawal rate would only be 2%. So yes, I think you could safely call yourself r...
by Woodshark
Mon Apr 06, 2015 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Understand Why I Keep My Bond Allocations
Replies: 15
Views: 1411

Re: Help me Understand Why I Keep My Bond Allocations

You are asking the same question I have posed to myself weekly for the last six months. If bonds are returning so little, are they really paying me enough for the risk in owning them? Right now CD rates are very, very low also, but at least you know that your investments have a built in floor and wi...
by Woodshark
Sat Apr 04, 2015 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Your homeowner and auto insurance annual rate increases?
Replies: 30
Views: 3367

Re: Your homeowner and auto insurance annual rate increases?

I stayed with State Farm for over 25 years. After three years in a row with double digit rate increases I decided to shop around. I had an independent agent shop for rates and we ended up saving over $600 (two homes/ three cars) per year.
by Woodshark
Sun Mar 29, 2015 7:07 am
Forum: Investing - Help with Personal Investments
Topic: If you had 1 [investing] book to recommend...
Replies: 51
Views: 5195

Re: If you had 1 book to recommend...

Leeraar wrote:Jane Bryant Quinn: "Making the most of your money now".

L.


A second recommendation for this book. Besides just investing it covers a wide variety of topics such as insurance, wills etc. Written in an easy to understand matter, it is my go to book for gifting.
by Woodshark
Wed Mar 18, 2015 5:50 am
Forum: Investing - Help with Personal Investments
Topic: how often do you check performance?
Replies: 70
Views: 5039

Re: how often do you check performance?

I check a couple of times a week. Not to compare to any model, since I do not have one. It's usually just a quick look to see what the total of all our accounts together is doing. My wife is retiring in two months. We will be selling our house and moving to another state so there is a lot of change ...
by Woodshark
Fri Mar 13, 2015 5:19 pm
Forum: Personal Consumer Issues
Topic: Projects when moving into a new (to us) home
Replies: 20
Views: 1628

Re: Projects when moving into a new (to us) home

My recommendations are… Have a whole house surge protector installed. That way you know that all the electronic gear in your house as at least a fighting chance during an electrical storm. If you have a garage door opener, change the codes. A repeat but it needs repeating. Buy new washer supply hose...
by Woodshark
Sat Mar 07, 2015 8:23 am
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 174
Views: 12450

Re: What is your favorite consumer product?

VesperLynd wrote:Speaking of rum, Pyrat rum...with pineapple juice...I used to doubt brand loyalty when it came to rum. No longer.


Good call. I have a couple of bottles of Pyrat rum stashed away right now. If you like Pyrat then you need to try Zaya rum. It is my favorite for sipping. No mixers allowed.
by Woodshark
Fri Mar 06, 2015 5:15 pm
Forum: Investing - Theory, News & General
Topic: The More I learn, the fewer changes I make
Replies: 25
Views: 3370

Re: The More I learn, the Less changes I make

Same here. I spent way too much time and lost way too much $$ chasing the latest hot mutual funds, investing in individual stocks, hiring a financial planner who churned the accounts plus me occasionally trying to time the market. Thankfully after a few foolish years I came to understand the majesty...
by Woodshark
Fri Mar 06, 2015 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Acct maintenance - Statements - Confirmation emails???
Replies: 15
Views: 2108

Re: Acct maintenance - Statements - Confirmation emails???

Wow, I'm only 54 and you guys make me feel ancient, paranoid or both. I have them mail me paper copies of statements and transactions that I put into a 3 ring binder. I keep ALL paper records for the current and past year. Anything older gets culled to includes only the end of year summary. I guess ...
by Woodshark
Mon Mar 02, 2015 4:13 pm
Forum: Personal Consumer Issues
Topic: Picking a listing agent
Replies: 16
Views: 1177

Re: Picking a listing agent

Since we are putting on house on the market in a couple of months this is timely information. :D

I look forward to more information, comments and suggestions.
by Woodshark
Mon Mar 02, 2015 4:06 pm
Forum: Personal Consumer Issues
Topic: Oil & Vinegar
Replies: 52
Views: 4465

Re: Oil & Vinegar

I've started to make my own also. It tastes so much better than the store bought pre-made stuff. You can do a search for vinagrette recipes and see that it is the basics plus what added spices you want to add in. I like to add a couple of garlic cloves. After a few days on counter, it just gets bett...
by Woodshark
Mon Mar 02, 2015 3:54 pm
Forum: Personal Consumer Issues
Topic: Consumer Cellular increases Minutes, Texts, & Data
Replies: 14
Views: 1006

Re: Consumer Cellular increases Minutes, Texts, & Data

Another CC user here. This is good news as I often get within 10% of data plan limit now. The new increase will give me some wiggle room.
by Woodshark
Tue Feb 24, 2015 8:39 am
Forum: Investing - Theory, News & General
Topic: Keep brokerage account at Vanguard?
Replies: 11
Views: 1476

Re: Keep brokerage account at Vanguard?

Having used Fidelity and Schwab for years I was used to a certain level of service and convenience. After I opened my Vanguard brokerage, I was surprised how disappointed I was with it.
by Woodshark
Tue Feb 24, 2015 7:48 am
Forum: Investing - Help with Personal Investments
Topic: is there such "3 fund portfolio at VALIC"?
Replies: 16
Views: 1389

Re: is there such "3 fund portfolio at VALIC"?

Consider yourself lucky. My wife's a teacher and her retirement options are with Valic. In her plan they only offer about 8-10 funds. Most with higher costs, non are from Vanguard and only one index equivalent.
by Woodshark
Sun Feb 22, 2015 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: What age do you guys plan to retire?
Replies: 143
Views: 9452

Re: What age do you guys plan to retire?

I'll retire this summer about three months shy of my 55th birthday. My wife will do the same. (52)
by Woodshark
Sat Jan 31, 2015 5:07 pm
Forum: Personal Consumer Issues
Topic: Good Wines
Replies: 54
Views: 4759

Re: Good Wines

One of favs is Liberty School, a Cab. The 2011 if you can find it. It goes for around $14.
by Woodshark
Mon Dec 22, 2014 12:40 pm
Forum: Personal Consumer Issues
Topic: Do you have or recommend a Financial Only PC?
Replies: 84
Views: 7646

Re: Do you have or recommend a Financial Only PC?

I do have an older PC that is only used online for financial access. For all other online/web surfing/ email etc., I have three other PC's/laptops that I use.
by Woodshark
Fri Dec 19, 2014 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Working on my near-retirement portfolio
Replies: 8
Views: 1553

Re: Working on my near-retirement portfolio

At first blush it looks like the pension and SS will take care of most your annual expenses. Your investments (high six figures, working on 1 mil) are almost gravy. If it was me I would go ahead and go to 60/40 now. Really, why wait? Your going to end up there anyway. Do it now before the next corre...
by Woodshark
Wed Dec 17, 2014 7:38 am
Forum: Investing - Help with Personal Investments
Topic: AA for Early Retirement
Replies: 21
Views: 2451

Re: AA for Early Retirement

Not retired yet but I will in about 8 months at the age of (close to) 55. My current AA is 60/40 with no plans to change for at least 10 years. My planned withdrawal rate is 3%
by Woodshark
Sat Nov 08, 2014 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking My Asset Allocation
Replies: 21
Views: 3030

Re: Rethinking My Asset Allocation

I am aware of my tax advantage, but for the state I still pay, so I still have to be careful.


You might have to pay up to 5% cap gains on state but I think the payoff of more diversification is worth the small one time tax hit.
by Woodshark
Fri Nov 07, 2014 7:15 pm
Forum: Investing - Theory, News & General
Topic: The Sky is Falling
Replies: 36
Views: 6377

Re: The Sky is Falling

It also seems as if you ought to be able to produce perpetual motion by a clever arrangement of overbalancing weights on a wheel, or a kind of motor-generator where you deactivate the magnets as they get closer and reactivate them as they move apart. And, look, I've almost got it working, you can s...
by Woodshark
Wed Nov 05, 2014 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Planning to Retire at 55
Replies: 22
Views: 3619

Re: Planning to Retire at 55

You look very well prepared to me. Enjoy that retirement!
by Woodshark
Wed Nov 05, 2014 9:51 am
Forum: Investing - Help with Personal Investments
Topic: AA...any other crazy 80/20 folks out there?
Replies: 57
Views: 5727

Re: AA...any other crazy 80/20 folks out there?

When I was 49 my AA was 94/6. I had been saving for decades but with no real thoughts to AA. I only had the bond part because of a few I-bonds I had purchased on impulse. Then 2008-09 happened. It was a real big wake up call. I knew enough (from previous mistakes) to NOT panic sell. Still, it was ve...
by Woodshark
Sun Oct 12, 2014 12:32 pm
Forum: Personal Consumer Issues
Topic: Best solution for clouded auto headlight lens?
Replies: 31
Views: 3436

Re: Best solution for clouded auto headlight lens?

I've seen several videos on YouTube with individuals using Off (or the equivalent)bug spray and a paper towel, and it seems to work great. I have an 1998 minivan with a clouded headlight. Last year I used one of the polishing kits and it worked but it took a least 15-20 minutes and the results did ...
by Woodshark
Wed Oct 08, 2014 6:20 pm
Forum: Personal Consumer Issues
Topic: Small Moneysavers Which Add Up
Replies: 74
Views: 7854

Re: Small Moneysavers Which Add Up

I and my wife are avid readers yet we hardly ever buy books. We have an excellent local library system. We can go online and see what best-sellers are coming up and place a reserve on them. When they are available, they send us an email and they are held for 5 days. Plenty of time for us to go by ou...
by Woodshark
Tue Oct 07, 2014 7:14 pm
Forum: Investing - Theory, News & General
Topic: A good day to be in heavy in Bonds --- 10-7-2014....
Replies: 28
Views: 3487

Re: A good day to be in heavy in Bonds --- 10-7-2014....

I'm just glad I moved 10% of our portfolio from stocks to bonds last month. (I was due for an AA realignment)
by Woodshark
Sun Oct 05, 2014 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Just need to vent
Replies: 16
Views: 3628

Re: Just need to vent

Your parents are in their 90's and have over one million in investments. If they are happy with their adviser and he/she is not investing in something wildly outside the lines then I would let it be. Sure, they are probably paying a little more than a Boglehead would for management but if it's not t...
by Woodshark
Fri Oct 03, 2014 5:28 pm
Forum: Personal Consumer Issues
Topic: Repair Van or buy new Van/SUV?
Replies: 20
Views: 1727

Re: Repair Van or buy new Van/SUV?

That Honda is not old. It's got at least another 100k miles before you get rid of it. Torn or leaking CV boots are a common repair and should not set you back more than a few hundred or less from a local mechanic. Consider it maintenance. Fix it and drive it at least another year or three.
by Woodshark
Thu Oct 02, 2014 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: R u selling PIMCO bond fund
Replies: 25
Views: 3022

Re: R u selling PIMCO bond fund

Bungo wrote:PTTRX is the only bond fund available in my 401(k), so I own and will continue to own it. Outside of my 401(k), I use Vanguard's BND.


Same here. I would have never bought into it if there was a decent alternative. So we are stuck with it for now.
by Woodshark
Mon Sep 08, 2014 4:57 pm
Forum: Personal Consumer Issues
Topic: Drought-tolerant Rosemary
Replies: 5
Views: 631

Re: Drought-tolerant Rosemary

We love to use rosemary in cooking and grilling. So easy to grow, we have plants at both of our homes.
by Woodshark
Mon Sep 08, 2014 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: When to jump ship?
Replies: 42
Views: 5107

Re: When to jump ship?

Very nice storied analogy. For me, I’d pick a middle island. Not to primitive and not too posh. I would gladly trade more years living a good life, while younger, and at a slightly about standard level of comfort than MAYBE a few very good years of an extravagant lifestyle. You can buy anything but ...
by Woodshark
Tue Aug 26, 2014 4:08 pm
Forum: Investing - Theory, News & General
Topic: S&P500 over 2000
Replies: 68
Views: 5735

Re: S&P500 over 2000

js12337 wrote:So who is selling equities and buying bonds to re-balance their portfolio?


I did. I've been a touch uncomfortable with the rise of equities in my AA. When it went over 2000 I thought that now would be as good a time as any, so I sold 5% and purchased TBM.
Now I sleep better at night.
by Woodshark
Wed Aug 20, 2014 4:41 pm
Forum: Personal Consumer Issues
Topic: Want to buy a used Mini Cooper-> Talk me into it?
Replies: 25
Views: 2275

Re: Want to buy a used Mini Cooper-> Talk me into it?

Gambler wrote:
what I'm looking for is reliability, good gas milage, and low cost of ownership.

:P


Not going to find any of those those in a Mini. You need to look at Mazda Miata, they have them all.
by Woodshark
Wed Aug 20, 2014 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Look for the Butterfly!
Replies: 4
Views: 756

Re: Look for the Butterfly!

"Nisiprius is one of the major reasons why I keep coming back to this board-- time after time, week after week."

Someone said this way back in 2010 and I agree with it still.
by Woodshark
Wed Aug 20, 2014 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for inlaws
Replies: 23
Views: 1085

Re: Investing for inlaws

Since they (I think from your post) are not very knowledgeable about investing I would recommend a single fund like a Wellington or a target retirement date fund. Set & forget.
by Woodshark
Tue Aug 19, 2014 7:26 am
Forum: Personal Consumer Issues
Topic: Carrara Marble - Large Orange Stain
Replies: 13
Views: 1465

Re: Carrara Marble - Large Orange Stain

I have a small brownish orange stain on ours. It was caused by the wife's hair dye. I've tried a lot of things (bleach, oxyclean, oxalic acid, etc) but nothing removed it.

You might have to live with it. I cover ours with a box of kleenex.
by Woodshark
Sat Aug 09, 2014 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: x years of expenses
Replies: 10
Views: 1309

Re: x years of expenses

I don't have an answer but you pose a very good question. I've heard of this bucket of cash approach for years but no one seems to know exactly when to use it and then replenish it. It seems to be more of a "use it when markets are low. When the markets recover, sell stock funds and replenish y...
by Woodshark
Mon Aug 04, 2014 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Inexpensive paper check replacement?
Replies: 19
Views: 1778

Re: Inexpensive paper check replacement?

Be careful of those cheap checks from mailer inserts. The prices are for new customers only. If, in a couple of years, you order again then they charge you the normal rates that are three times higher.

Best inexpensive place is Walmart.com. I've ordered twice with no surprises.
by Woodshark
Sun Jul 20, 2014 4:07 pm
Forum: Personal Consumer Issues
Topic: How much energy does water heater use when I'm not home?
Replies: 32
Views: 2949

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
Fri Jul 11, 2014 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: What after-tax income could you live on today?
Replies: 48
Views: 5731

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
Tue Jul 08, 2014 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: List of Worst financial advice (what not to do):
Replies: 144
Views: 16949

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
Sat Jun 28, 2014 7:51 pm
Forum: Personal Consumer Issues
Topic: How many Bogleheads golf?
Replies: 81
Views: 4900

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
Fri Jun 27, 2014 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Safe draw down %?
Replies: 21
Views: 2143

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 20, 2014 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: It is time to retire when you .......
Replies: 104
Views: 10578

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
Thu Jun 19, 2014 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Where do I go from here?
Replies: 13
Views: 1228

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
Mon Jun 16, 2014 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate percentage of income needed once retired?
Replies: 13
Views: 1052

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
Fri May 30, 2014 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: New low income investor
Replies: 6
Views: 1235

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 ...

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