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Re: Roll Call for the Retirement Class of 2014!

Sept 2014 see u at conference
by Wricha
Tue Jun 17, 2014 7:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Roll Call for the Retirement Class of 2014!
Replies: 154
Views: 13554

Re: Roll Call for the Retirement Class of 2014!

59 - 60 years old
by Wricha
Tue Jun 17, 2014 5:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Roll Call for the Retirement Class of 2014!
Replies: 154
Views: 13554

Re: Roll Call for the Retirement Class of 2014!

Winding down final project and passed on two other projects so I guess I am retired. Being self employed allows you to go out without much fanfare. Got plenty of interests/travel plans, "Enough" resources, God willing time, to relax and smoke a cigar which I am doing now! Yes Victoria I ow...
by Wricha
Tue Jun 17, 2014 5:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Roll Call for the Retirement Class of 2014!
Replies: 154
Views: 13554

Re: On the Road/Air/Water Retirement

It is easy to get twisted around coming out of Edgewater Fl. :happy

2 days on intercostal 6 days on the outside. Now just exploring Chesapeake.
by Wricha
Sun Jun 08, 2014 4:26 pm
 
Forum: Personal Consumer Issues
Topic: On the Road/Air/Water Retirement
Replies: 47
Views: 2940

Re: On the Road/Air/Water Retirement

BFG Not sure if this counts. Had some boat repairs done at the factory just south of Daytona Beach a month ago. Depart factory to head back to condo in Cape Coral, Fl. It was a calm day out on the Atlantic and I turned my boat north and now I am in the Chesapeake Bay (bought clothes on the way.). St...
by Wricha
Sun Jun 08, 2014 4:06 pm
 
Forum: Personal Consumer Issues
Topic: On the Road/Air/Water Retirement
Replies: 47
Views: 2940

Re: Looking at top 1% for actionable insight

Sorry did not mean it as joke about farmers I meant as an actionable item about perspective / attitude.
by Wricha
Thu Apr 17, 2014 9:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Looking at top 1% for actionable insight
Replies: 73
Views: 9077

Re: Looking at top 1% for actionable insight

Once heard a story about an American farmer and a Russian farmer. The American farm had 4 cows and he looked out at his neighbor's field and saw he had 5 cows. He said to himself I going to find out how my neighbor got 5 cows and do the same thing. The Russian farmer also had 4 cows as he looked out...
by Wricha
Thu Apr 17, 2014 6:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Looking at top 1% for actionable insight
Replies: 73
Views: 9077

Re: How do you walk away from a good job?

Quickly and stash the cash 8-)
by Wricha
Tue Apr 08, 2014 3:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: How do you walk away from a good job?
Replies: 38
Views: 5380

Re: Social security - means testing

Thanks Mike,
I guess I feel like Social Security is my money, when in reality the money was already used for other things. You are right no one knows, need and health concerns are the most important factors. If I could get one year before the music stops playing I might feel better :D !
by Wricha
Tue Mar 18, 2014 7:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Social security - means testing
Replies: 6
Views: 1209

Social security - means testing

Came across an article from AARP. It's debates the pros and cons of means testing Social Security. My question is not about merits of means testing. Being a few years from 62 I was planning on waiting till 70 to collect so I could collect a higher benefit. My question are there any folks thinking of...
by Wricha
Mon Mar 17, 2014 11:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Social security - means testing
Replies: 6
Views: 1209

Re: Should you discuss your wages with your peers?

I think it is interesting that most posts say absolutely no; yet they know what their peers make? OP has a pretty good handle on what others are making. It's been years since I was a W-2 person but my guess everyone who wants to know has a pretty good idea what others make,
by Wricha
Sun Mar 16, 2014 7:10 am
 
Forum: Personal Finance (Not Investing)
Topic: Should you discuss your wages with your peers?
Replies: 82
Views: 6847

Re: What's your dream car?

Wricha wrote: 911 turbo/s anything else is merely transportation Turbo S b/c rear seats to take the kids to school. But the GT3 with PDK is the real deal, revs to 9000 rpm, all wheel steering. Hey OP, hot wagon is way cool, the new e63 wagon is faster than a C7 vette. But a station wagon with a stic...
by Wricha
Fri Jan 24, 2014 4:42 am
 
Forum: Personal Consumer Issues
Topic: What's your dream car?
Replies: 185
Views: 10885

Re: when you reach"your number"

For me it was in phases: Phase one (around 40) get out of debt. Phase two I bought my first bunch of muni bonds (30 year) dividend $2,400/yr I thought Wow, my electric bill is paid for the next 30 years. So I paid down my expense through muni bonds. My perspective of financial independence. Phase th...
by Wricha
Fri Jan 24, 2014 4:30 am
 
Forum: Investing - Theory, News & General
Topic: when you reach"your number"
Replies: 84
Views: 9061

Re: What's your dream car?

911 turbo/s anything else is merely transportation
by Wricha
Tue Jan 21, 2014 4:38 pm
 
Forum: Personal Consumer Issues
Topic: What's your dream car?
Replies: 185
Views: 10885

Re: High Earners - What's Your Profession?

Wricha, You might be my long lost twin. To quote Neil Diamond: "except for the names and a few other changes, when you talk about me, the story's the same one" Tip of the hat to you, BFG BFG I hope you are the better looking one :D ! It truly is the same story for most folks here. As my Mo...
by Wricha
Thu Jan 16, 2014 6:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 357
Views: 28304

Re: High Earners - What's Your Profession?

I have been watching this thread not sure if bragging or helpful. I will offer this: graduated BS Biology/Chemistry. Entered US Army as an officer (chemical warfare) making $590/month (not a typo) and a car payment of almost $200/month. Continued education at night and worked as a mid level manageme...
by Wricha
Thu Jan 16, 2014 7:08 am
 
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 357
Views: 28304

Re: How to determine consulting fee?

I have been an independent consultant for more than 25 years. Unless there is something very unique about this 40 person company (like they are members of the Saudi Royal Family) I think some of those fees you are throwing are out of bounds give size of the company and your experience. Are you doing...
by Wricha
Tue Jan 07, 2014 11:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to determine consulting fee?
Replies: 23
Views: 1344

Re: NYT Article: You can't take it with you ...

Some time people earn more (chocolate) to keep score not to consume or give to heirs.
by Wricha
Sun Jan 05, 2014 4:02 pm
 
Forum: Personal Consumer Issues
Topic: NYT Article: You can't take it with you ...
Replies: 22
Views: 3759

Re: Net Worth Survey, 2014 Edition

How do you view results? Did not have google pass code.
by Wricha
Sun Jan 05, 2014 3:49 pm
 
Forum: Investing - Theory, News & General
Topic: Net Worth Survey, 2014 Edition
Replies: 149
Views: 21654

Re: Want income but preserve capital

Go to : http://www.immediateannuities.com you can get $1600/month or 6.4% return on CAPITAL nothing left when you are both gone.
by Wricha
Wed Oct 16, 2013 7:53 am
 
Forum: Investing - Help with Personal Investments
Topic: Want income but preserve capital
Replies: 40
Views: 3108

Re: Any last minute ideas on Florida?

Wricha wrote:
Anna Maria Island is very nice. Laid back. Boat up there often


Perhaps we'll run into each other there sometime, Wricha

Mel see you before maybe at conference
by Wricha
Tue Oct 15, 2013 11:37 pm
 
Forum: Personal Consumer Issues
Topic: Any last minute ideas on Florida?
Replies: 27
Views: 2344

Re: Any last minute ideas on Florida?

Anna Maria Island is very nice. Laid back. Boat up there often
by Wricha
Mon Oct 14, 2013 6:34 pm
 
Forum: Personal Consumer Issues
Topic: Any last minute ideas on Florida?
Replies: 27
Views: 2344

Re: Living on $5,000 a year

Re: Living on $5,000 a year by VictoriaF » Mon Oct 14, 2013 10:56 am I once spent 24 hours on an island in Lake Titicaca. The people on the island refuse building commercial properties, and overnight visitors are assigned to stay in private houses. I stayed with Sr. Alfonso in a stand alone structur...
by Wricha
Mon Oct 14, 2013 1:38 pm
 
Forum: Personal Consumer Issues
Topic: Living on $5,000 a year
Replies: 28
Views: 2896

Re: Giving notice...how much time?

I don't know, you claim the company has been good to you. The size of a company does not mean they should be treated less fairly and business does have the right/responsibility to be a "money machine" if done honestly. I can see protecting bonus after that why not just go in talk with your...
by Wricha
Sun Oct 13, 2013 8:36 am
 
Forum: Personal Finance (Not Investing)
Topic: Giving notice...how much time?
Replies: 55
Views: 4700

Re: Muni Bond Risk?

Thanks folks for imput very helpful. Artsdoctor will do as you advise.
by Wricha
Wed Sep 25, 2013 10:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Muni Bond Risk?
Replies: 6
Views: 675

Muni Bond Risk?

I have been accomulating muni bonds AA or higher for more then 15 years. I have over 100 different bonds and still buying. I try to avoid hospitals, states that are in trouble, etc. I plan on holding the bonds till maturity or called (most are 20+ year). No defaults to date. My question is, if I am ...
by Wricha
Wed Sep 25, 2013 10:22 am
 
Forum: Investing - Help with Personal Investments
Topic: Muni Bond Risk?
Replies: 6
Views: 675

Re: Do Bogleheads invest in physical gold?

I believe (could be wrong) the vast majority of the gold in NYC is that of foreign government. Tank division not necessary in NYC it's not our gold!
by Wricha
Tue Sep 17, 2013 7:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads invest in physical gold?
Replies: 94
Views: 6625

Re: USAA disappoints!

It's not the use of sub contractor I was objecting to it was $1,000 mark up on $3,800 policy that was the problem had I bought it directly.
by Wricha
Fri Aug 16, 2013 10:46 pm
 
Forum: Personal Consumer Issues
Topic: USAA disappoints!
Replies: 67
Views: 5549

Re: Municipal Bonds - Pro's and Con's

2 cents here. I own a large number of individual Muni's for 10+ years. Bought high quality, long term, bonds with a yield of 5% most of these bonds are still above issue price, always paid on time, no defaults so I am happy. They have lost their quality ratings most were AA or higher now most are be...
by Wricha
Fri Aug 16, 2013 6:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Municipal Bonds - Pro's and Con's
Replies: 28
Views: 3228

Re: USAA disappoints!

Re: USAA disappoints! by Dick D » Wed Aug 14, 2013 8:51 pm I have done business with USAA for 40 years and have experienced great customer service. Over time Imoved my CDs from them to I bonds. Good customer service does not mean that they have to give me what I want. Dick your point ? Give you what...
by Wricha
Wed Aug 14, 2013 11:39 pm
 
Forum: Personal Consumer Issues
Topic: USAA disappoints!
Replies: 67
Views: 5549

Re: USAA disappoints!

Was going to write a tread on how USAA service has fallen apart.Very sad. Been with them for 35+ years. 1. The interest rate for people who complained! Is it a bank or an auction? 2. Bought boat insurance through usaa they sub it out to another company only to find out had I bought directly I would ...
by Wricha
Tue Aug 13, 2013 7:09 pm
 
Forum: Personal Consumer Issues
Topic: USAA disappoints!
Replies: 67
Views: 5549

Re: Zion Direct save money on muni's

Thanks boglety
by Wricha
Tue Aug 06, 2013 8:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Zion Direct save money on muni's
Replies: 7
Views: 787

Re: Investment Advice - Recent IPO Windfall

Not big on telling folks what to do. It is a choice, I suspect your lifestyle is out pacing your ability to maintain a sustainable living it just hasn't caught up to you. Unless you are planing on IPO money every few years, your getting yourself into trouble (Big hat no cattle). Take home 18k/mo - c...
by Wricha
Mon Aug 05, 2013 10:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment Advice - Recent IPO Windfall
Replies: 9
Views: 878

Re: Zion Direct save money on muni's

by boglety » Mon Aug 05, 2013 12:17 am I currently use Schwab. It has a much larger inventory then Zions Direct and the pricing is pretty good (verified at Electronic Municipal Market Access website). Zions Direct used to be my main brokerage for Munis but the inventory and price made me lean toward...
by Wricha
Mon Aug 05, 2013 4:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Zion Direct save money on muni's
Replies: 7
Views: 787

Re: Zion Direct save money on muni's

1. USAA
2. Raymond James
3. Edward Jones

I might add they charged $11/transaction.
I realize my sample and size was very small.
by Wricha
Sun Aug 04, 2013 9:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Zion Direct save money on muni's
Replies: 7
Views: 787

Zion Direct save money on muni's

I bought individual muni's through Zion Direct and it saved me around 7% over the life of the bond. I have access to 3 brokerage companies and compared 3 individual bonds across each of the companies. My savings was 2% on purchase price and 18 bases points on the yield/year over 30 years. The invent...
by Wricha
Sun Aug 04, 2013 7:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Zion Direct save money on muni's
Replies: 7
Views: 787

Re: Enough in retirement take SS early?

Thanks Mike Good point Peter about Roth Converstion
by Wricha
Mon Jul 29, 2013 10:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Enough in retirement take SS early?
Replies: 16
Views: 1749

Re: Enough in retirement take SS early?

Never factored SS in to financial plan, being conservative. Single, a few years from 62, pretty good genes, always assumed wait till 70 to get the 70% increase. Started thinking (probably not wise) do I want more discretionary income when younger as opposed to later? I do understand as my Father tol...
by Wricha
Mon Jul 29, 2013 9:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Enough in retirement take SS early?
Replies: 16
Views: 1749

Enough in retirement take SS early?

If one planned on retiring, thinking that SS would not be available. Now,finds they reached 62 with SS still solvent should they take earlier SS or wait if the money is not essential for retirement?
by Wricha
Mon Jul 29, 2013 6:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Enough in retirement take SS early?
Replies: 16
Views: 1749

Re: Conflicted About Expected Lifestyle Creep

I think the income level of the people you become friends with out of grad school will influence your lifestyle . Key, socialize/live with people that are making at least 20% less than you, bank the difference. That will set you lifestyle and give you an extra 20% to invest.
by Wricha
Fri Jul 19, 2013 10:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Conflicted About Expected Lifestyle Creep
Replies: 47
Views: 5696

Re: a different way of looking at investing for retirement

I guess what I am saying is we (as a nation) have significant finanical problems and we no longer have luxury to cost shift and blame the other guy. I am frustrated by the lack of leadership and the unwellngness of people, as a group to pull together to; identify problems, set priorities, and alloca...
by Wricha
Sat Jul 13, 2013 8:39 pm
 
Forum: Investing - Theory, News & General
Topic: a different way of looking at investing for retirement
Replies: 27
Views: 3042

Re: a different way of looking at investing for retirement

Bayview if you feel under attack try being someone who is self employed (no union or lobbyist) making $250k and the president thinks that you are not paying enough taxes (and believes that you are paying less than 20% in taxes like Warren Buffet: real tax burden/health insurance is in high 40%) and ...
by Wricha
Sat Jul 13, 2013 8:07 pm
 
Forum: Investing - Theory, News & General
Topic: a different way of looking at investing for retirement
Replies: 27
Views: 3042

Re: 69 year filing for unemployment

In my state if you are self employed you must pay into unemployment but you can never collect which I am.The ethics mentioned above is interesting point since the government has situational ethics tell your wife to enjoy a beer on me! :sharebeer
by Wricha
Sat Jul 13, 2013 12:06 am
 
Forum: Personal Finance (Not Investing)
Topic: 69 year [old] filing for unemployment
Replies: 21
Views: 1785

High Net worth in retirement

This is an interesting article on high net worth and lifestyle in retirement. Although the author is anonymous I think the information is good.

http://www2.ucsc.edu/whorulesamerica/po ... nager.html
by Wricha
Sun Jun 23, 2013 10:51 pm
 
Forum: Investing - Theory, News & General
Topic: High Net worth in retirement
Replies: 15
Views: 2751

Re: How to determine the worth of a rental

What is your net return after all expenses? Take that number and divide by 9%-12% (cap rate). That should give you a reasonable number. Look up factors that determine cap rate, I made up the 9%-12% I don't don't know your market. If Wal Mart was your renter you might have a 6% cap.
by Wricha
Fri Jun 21, 2013 9:29 am
 
Forum: Personal Finance (Not Investing)
Topic: How to determine the worth of a rental
Replies: 7
Views: 980

Re: 30 year TIPs auction on June 20th, 1.25% real yield???

Thanks Langkawi,
First time ever getting the high end for being the little guy!
by Wricha
Thu Jun 20, 2013 8:17 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year TIPs auction on June 20th, 1.25% real yield???
Replies: 99
Views: 9687

Re: 30 year TIPs auction on June 20th, 1.25% real yield???

Thanks Gork87. Where did you get that number on treasury direct I saw the high, low, and median?
by Wricha
Thu Jun 20, 2013 7:56 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year TIPs auction on June 20th, 1.25% real yield???
Replies: 99
Views: 9687

Re: 30 year TIPs auction on June 20th, 1.25% real yield???

For a non competitive bid what is the yield on 30 YR TIP today?
by Wricha
Thu Jun 20, 2013 6:14 pm
 
Forum: Investing - Theory, News & General
Topic: 30 year TIPs auction on June 20th, 1.25% real yield???
Replies: 99
Views: 9687

Re: Can Insurance Company Reject You (post Affordable Care A

I am not sure one can use a "little" more or a "little" less. The "little" can become a lot when one (who is reasonably healthy) is drop from a high deductible plan to an "acceptable" deductible plan. You are moving a lot folks into the insurance ranks with li...
by Wricha
Tue Jun 18, 2013 8:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can Insurance Company Reject You (post Affordable Care Act)?
Replies: 48
Views: 3277

Re: Didn't save enough for retirement, what would you do ove

No complaints ended fine. It wasn't until I was in my early forties I got out of the W-2 world and started on my own. It's tough to be well off working for others. Never ask a w-2 peoson about advice on going on your own. Start earlier and hang out with folks that started their own business . Their ...
by Wricha
Sat May 25, 2013 10:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Didn't save enough for retirement, what would you do over?
Replies: 38
Views: 5205
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