Search found 6287 matches

Return to advanced search

Re: Housing in NYC area

I would not buy real estate in New York or the metro area at these prices and with a time horizon of only 5-7 years. Renting sounds good.
by letsgobobby
Thu Apr 24, 2014 4:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Housing in NYC area
Replies: 21
Views: 1524

Re: Tell Me I'm Stupid To Consider Quitting My Job and Movin

Your skills must be special enough to be useful to another company. Can you call a few headhunters and see what's out there? Maybe land a new, more attractive job starting in, say, September, giving you a long summer vacation? At this point you could accept something much less lucrative, but hopeful...
by letsgobobby
Thu Apr 24, 2014 10:00 am
 
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 57
Views: 2451

Re: The Power of Zero (0% tax bracket in retirement) book

Yes, checked it out of the Amazon Prime Lending library. I got through it in about 20 minutes, skipping the content that is remedial for most of us. To sum it up... at the time or retirement, they want you to have 6 months of expenses in taxable, IRA balances lowered such that RMDs will be less tha...
by letsgobobby
Wed Apr 23, 2014 9:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: The Power of Zero (0% tax bracket in retirement) book
Replies: 22
Views: 3019

Re: Where would you retire, if $ were no object?

This exercise is harder if you really have to pick just one place.

Those of you who said "three months here, three months there" - is that your actual plan? Anybody actually doing that?

I think that sounds pleasant at age 40. Not sure that will sound so pleasant at 70 or 80.
by letsgobobby
Wed Apr 23, 2014 4:52 pm
 
Forum: Personal Consumer Issues
Topic: Where would you retire, if $ were no object?
Replies: 67
Views: 3888

Where would you retire, if $ were no object?

So you get to retire anywhere in the world. Cost is the only factor you may not consider in your analysis (and therefore I'm also going to exclude any consideration of taxes). However, consider all other usual factors like weather, job opportunities, culture, food, proximity to family, whatever. If ...
by letsgobobby
Wed Apr 23, 2014 1:32 am
 
Forum: Personal Consumer Issues
Topic: Where would you retire, if $ were no object?
Replies: 67
Views: 3888

Re: The slackening...

Have been reading these posts with interest. Great points on generational differences and the importance of life experiences to learn how to handle failure and hopefully motivate. As a very involved parent of 3 (the baby is adopted), I would add the unpredictable role of genetics. I think we tend t...
by letsgobobby
Mon Apr 21, 2014 9:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: The slackening...
Replies: 61
Views: 6575

Re: Post Your Favorite Recipe (Or Any Recipe You Like)

Cut extra firm tofu into finger sized pieces. Sprinkle with 1 TB of brown sugar. Fry on both sides in a little oil til browned. Add some sliced shallots and sautee. Pour in a mix of 2 TB spy, 2 TB lime juice and 2 tsp ground pepper. Toss and heat through. Serve with white rice. Old and young love th...
by letsgobobby
Mon Apr 21, 2014 4:26 pm
 
Forum: Personal Consumer Issues
Topic: Post Your Favorite Recipe (Or Any Recipe You Like)
Replies: 17
Views: 1029

Re: POLL: what's the deal with Tuna Fish?

Agree on the Kirkland brand. That's all we use. Agreed, and here is the best tuna salad recipe I've ever eaten: http://www.food.com/recipe/best-tuna-salad-ever-236593 The water chestnuts, scallions, and celery add a lot of crunch and the dill is great. Albacore tuna is higher in mercury, however, s...
by letsgobobby
Sun Apr 20, 2014 4:50 pm
 
Forum: Personal Consumer Issues
Topic: POLL: what's the deal with Tuna Fish?
Replies: 48
Views: 3122

Re: paydown strategy for mortgage

This is what I do. My mortgage rate is so low that I don't expect to pay off the mortgage early unless I sell my home, so I don't have a dedicated mortgage payoff fund; instead, I make my taxable investments in stock, and hold bonds in my retirement account. As grabiner wrote, that is exactly what ...
by letsgobobby
Sun Apr 20, 2014 2:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: paydown strategy for mortgage
Replies: 40
Views: 3062

Re: What Muni Bond in Taxable Brokerage Account

similar discussion on NJ muni bond options:

viewtopic.php?f=1&t=135687&newpost=2004918

What is the name of the bond fund that Larry recommends, with higher credit quality?
by letsgobobby
Sun Apr 20, 2014 1:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: What Muni Bond in Taxable Brokerage Account
Replies: 7
Views: 743

Re: paydown strategy for mortgage

It sounds good, except you have not, today, saved that $200k+ per year x 20 years. You only have the plan to save that money. Things happen. Illness/disability, layoffs, structural economic change impacting job compensation or security, ill parents... stuff. Liquidity is worth nothing until you need...
by letsgobobby
Sun Apr 20, 2014 3:51 am
 
Forum: Personal Finance (Not Investing)
Topic: paydown strategy for mortgage
Replies: 40
Views: 3062

Re: Speculation on I Bond fixed rate for May 1st

huh, I just scheduled a purchase for April 28 before seeing #Cruncher's post. Should I delete? Even more fun than speculating about +/- $20 is speculating about +/- $33 in the first six months compared to the last six months. If the $20 bet doesn't make you sweat, maybe the $33 bet will peak your in...
by letsgobobby
Sun Apr 20, 2014 2:09 am
 
Forum: Investing - Theory, News & General
Topic: Speculation on I Bond fixed rate for May 1st
Replies: 32
Views: 3496

Re: paydown strategy for mortgage

I am looking for some advice about my situation. I am somewhat wired to dislike any debt including mortgage debt and my wife has similar mentality as well. We currently have $299K left on our mortgage for a house worth close to $1M. We are blessed with a great combined income of close to $500K. We ...
by letsgobobby
Sun Apr 20, 2014 1:01 am
 
Forum: Personal Finance (Not Investing)
Topic: paydown strategy for mortgage
Replies: 40
Views: 3062

Re: Interpreting Shiller's data

The reported high price for the S&P 500 in March 2009 was $832.98 The reported low price for the S&P 500 in March 2009 was $666.79 The Shiller data price for the S&P500 in March 2009 was $757.13 ... which is precisely the "average" of the reported daily closing price for each ...
by letsgobobby
Sat Apr 19, 2014 11:03 pm
 
Forum: Investing - Theory, News & General
Topic: Interpreting Shiller's data
Replies: 4
Views: 453

Re: Net Worth Survey, 2014 Edition

I don't think you can acquire significant wealth EARLY just through savings/investment. You have to define terms such as 'significant' and 'early' in order for this statement to have any meaning. This is a numerical survey and it clearly can't be scientific. It's just fun and interesting. So I don'...
by letsgobobby
Sat Apr 19, 2014 2:25 am
 
Forum: Investing - Theory, News & General
Topic: Net Worth Survey, 2014 Edition
Replies: 149
Views: 18680

Re: Draft email to investment advisor re outperforming Total

You are giving the adviser "cruel and unusual punishment". Seriously, OP, you know that no adviser is going to beat the indices and after fees and taxes generated, any adviser will lose to the index. I think you are wasting your time with these letters and the adviser cannot possibly meet...
by letsgobobby
Fri Apr 18, 2014 3:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Draft email to investment advisor re outperforming Total Mar
Replies: 24
Views: 2405

Re: Net Worth Survey, 2014 Edition

3 fund portfolio isn't conservative intrinsically; it depends on the percentage allocated to each of the 3 funds.

US stock market is up 200%+ in the last 5 years. If you started saving a lot of money about 5 years ago you're sitting pretty.
by letsgobobby
Fri Apr 18, 2014 2:56 am
 
Forum: Investing - Theory, News & General
Topic: Net Worth Survey, 2014 Edition
Replies: 149
Views: 18680

Re: Japan Does not Show That Stocks are Dangerous

Japan Does not Show That Stocks are Dangerous Yes, it does. Japan shows that a market crash can last long enough to convert shallow risk into deep risk. For those looking at Japan and coming up with reasons after the fact is kind of like how black swans are always reasoned out--after the fact. Is a...
by letsgobobby
Wed Apr 16, 2014 3:33 pm
 
Forum: Investing - Theory, News & General
Topic: Japan Does not Show That Stocks are Dangerous
Replies: 79
Views: 4143

Re: what should I do with my whole life policy

I would recommend keeping the policy inforce. Because of its age, it has a positive net cash flow that exceeds other fixed options at current interest rates. Your dividend option is the one I would recommend. Also, it is a gift from your parents. The human element is extremely important in family f...
by letsgobobby
Wed Apr 16, 2014 9:26 am
 
Forum: Investing - Help with Personal Investments
Topic: what should I do with my whole life policy
Replies: 24
Views: 1899

Re: suggestion for awd luxury sedan

will do. I think my position differs from some others, because I already have my "fun" sports car for the weekends, and i have mission critical timing issues with being at work. Although i reside in a moderate climate (it does snow from nov-jan or feb however), i am very concerned about s...
by letsgobobby
Wed Apr 16, 2014 9:19 am
 
Forum: Personal Consumer Issues
Topic: suggestion for awd luxury sedan
Replies: 44
Views: 3492

Re: TIPS and the Equity Bear

October 2008 was a great time to buy tips.
by letsgobobby
Mon Apr 14, 2014 3:59 pm
 
Forum: Investing - Theory, News & General
Topic: TIPS and the Equity Bear
Replies: 20
Views: 1602

Re: Help with Whole Life Insurance (Parents Purchased)

After 30 years your internal return is probably good. Would keep this policy. I kept my similar whole policy and get better than bond like returns on the cash value.
by letsgobobby
Mon Apr 14, 2014 11:11 am
 
Forum: Personal Finance (Not Investing)
Topic: Help with Whole Life Insurance (Parents Purchased)
Replies: 15
Views: 1059

Re: I'm buying more equities now. Going for 95-98%

You should read his book: his extensive data strongly indicates that stocks are safer than bonds over periods of 12-14 years and up. Hi Claver, Could you provide an exact quotation from one of Mr. Siegel's books (with book title and page number)? Did he actually write: "[...] stocks are safer ...
by letsgobobby
Sun Apr 13, 2014 2:10 pm
 
Forum: Investing - Theory, News & General
Topic: Stock markets in free fall?
Replies: 92
Views: 6568

Re: less you need social security, earlier you should claim

There is no guarantee that claiming early locks in a better deal. They can still reduce benefits just as easily. Why assume claiming early provides any protection? The only protection it definitely assures is that benefits already received could not be unreceived. This discussion can occur without ...
by letsgobobby
Sun Apr 13, 2014 1:36 pm
 
Forum: Investing - Theory, News & General
Topic: less you need social security, earlier you should claim
Replies: 39
Views: 2801

Re: The slackening...

There is a Chinese saying which goes something like: "Wealth doesn't get past 3 generations." Which probably sums up what you're talking about. Look at the families of the Robber Barons from the 1900's. How many of those heirs are nearly as successful as their ancestor. (Maybe they are su...
by letsgobobby
Sun Apr 13, 2014 1:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: The slackening...
Replies: 61
Views: 6575

Re: less you need social security, earlier you should claim

That was a good article about what sounds like intriguing and important research. I didn't see where she specifically addressed the issue of retirees taking SS ASAP because they can't afford not to (well, she mentioned it but it wasn't a focus of this interview) though I've read that is one of the p...
by letsgobobby
Sun Apr 13, 2014 1:11 pm
 
Forum: Investing - Theory, News & General
Topic: less you need social security, earlier you should claim
Replies: 39
Views: 2801

Re: less you need social security, earlier you should claim

This isn't about fairness. This is a question for those facing the question of whether to file early when they can afford to wait: do they/should they consider the possibility of not receiving their full benefit in determining when to claim?
by letsgobobby
Sun Apr 13, 2014 11:22 am
 
Forum: Investing - Theory, News & General
Topic: less you need social security, earlier you should claim
Replies: 39
Views: 2801

The slackening...

Recently read a wonderful novel by Phillipp Meyer, "The Son", about the origins of a very wealthy Texas rancher/oilman, and his many descendants. One of his heirs, who is an outsized business success in her own right, experiences pangs of disappointment in her own grown children. When they...
by letsgobobby
Sun Apr 13, 2014 11:20 am
 
Forum: Personal Finance (Not Investing)
Topic: The slackening...
Replies: 61
Views: 6575

less you need social security, earlier you should claim

I was on the road yesterday and while driving through Northern California heard a somewhat interesting personal finance radio show in which the hosts articulated a new-to-me way of thinking about who should claim SS benefits early, and who should delay. Their argument went as follows: Those who can ...
by letsgobobby
Sun Apr 13, 2014 11:03 am
 
Forum: Investing - Theory, News & General
Topic: less you need social security, earlier you should claim
Replies: 39
Views: 2801

Re: Stock markets in free fall?

Bonds are still a waste of time for young investors (<40yrs) who plan on retiring at 55 or later, even if the market drops another 30-40%. The market has risen well over that in the last few years and bonds would have been a major drag on returns. I agree. I wish I would have realized this 20 years...
by letsgobobby
Sat Apr 12, 2014 2:24 am
 
Forum: Investing - Theory, News & General
Topic: Stock markets in free fall?
Replies: 92
Views: 6568

Re: BH Greatest Hits: PE10 predicitive power

Looking over the Shiller PE10 chart at http://www.multpl.com/shiller-pe/, I see two time periods in which PE10 increased 6-fold. One was the period between 1920 and 1929. The other was the period between 1982 and 2000. Both were immediately followed by severe bear markets. In Japan, there was a mor...
by letsgobobby
Fri Apr 11, 2014 10:48 am
 
Forum: Investing - Theory, News & General
Topic: BH Greatest Hits: PE10 predictive power
Replies: 39
Views: 3056

Re: Tax deductions from charities

I don't know. It's common practice among non profit museums for the entire basic family membership to be 100% tax deductible. Perhaps it's like synagogue or church dues? That is not the case. The IRS only allows you to deduct the portion that is not a direct benefit to the donor. For example, you c...
by letsgobobby
Fri Apr 11, 2014 10:39 am
 
Forum: Personal Finance (Not Investing)
Topic: Tax deductions from charities
Replies: 31
Views: 1663

Re: Tax deductions from charities

I don't know. It's common practice among non profit museums for the entire basic family membership to be 100% tax deductible. Perhaps it's like synagogue or church dues?
by letsgobobby
Thu Apr 10, 2014 7:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax deductions from charities
Replies: 31
Views: 1663

Re: Tax deductions from charities

Theoretically, a giver with a tax break should be willing to give more. At the top end of the tax bracket, if I'm willing to fork over $600 to a charity, I should be willing to give $1000 and get $400 back from the goverment. Without the tax break, the charity would only get $600 from me. Of course...
by letsgobobby
Thu Apr 10, 2014 12:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax deductions from charities
Replies: 31
Views: 1663

Re: Getting over huge mistakes

Yes, if $500k net worth at age 34 is a huge mistake, what does that make most Americans?

You'll retire comfortably and probably early given where you are now and your new insights and mentality. Welcome to the forum.
by letsgobobby
Thu Apr 10, 2014 11:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Getting over huge mistakes
Replies: 30
Views: 3312

Re: California Taxes - Am I Missing Something?

I've lived in CA off and on for about ten years and in WA for the last ten years. I did college and residency in CA. It is a beautiful place, especially the Bay Area, the Central Coast, San Diego. There is a vibe, the weather, the cultural sophistication, the concentration of creativity/intellect/in...
by letsgobobby
Thu Apr 10, 2014 10:28 am
 
Forum: Personal Finance (Not Investing)
Topic: California Taxes - Am I Missing Something?
Replies: 142
Views: 8551

Re: The Unthinkable Disaster: What If Your Account Disappear

This is why those dang quarterly statements matter so much!

viewtopic.php?f=1&t=136647

They're good for saving.
by letsgobobby
Sun Apr 06, 2014 7:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: The Unthinkable Disaster: What If Your Account Disappeared?
Replies: 43
Views: 4695

Re: Buying for someone who "has everything"

jmndu99 wrote:I have to agree with the other responders that an EXPERIENCE is the best gift. Memories last a lifetime and cannot be bought


Didn't you just buy the memory with the gift of the experience?
by letsgobobby
Sat Apr 05, 2014 1:12 pm
 
Forum: Personal Consumer Issues
Topic: Buying for someone who "has everything"
Replies: 43
Views: 2308

Re: Putting $ away for children

practically speaking, $75k just isn't enough money to make such a big deal of this, especially in your financial situation. Let your kids have their right and legal shot at managing it. They'll learn a lot about money, and more importantly you'll learn a lot about them. What each of you learns may i...
by letsgobobby
Sat Apr 05, 2014 12:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Putting $ away for children
Replies: 103
Views: 5444

Re: Where is the Vanguard 03/31/2014 statement?

Cute bait, but I'll take it. I am flagship, and I can see my Q1 statements. Got them yesterday.
by letsgobobby
Fri Apr 04, 2014 10:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where is the Vanguard 03/31/2014 statement?
Replies: 32
Views: 2060

Re: Buying for someone who "has everything"

my family has pretty much defaulted to alcohol. great bottle of wine, unique liquor, or a craft beer. Of course we live on the OR/WA border so we have lots of great and local wine, liquor, and beer options to procure.
by letsgobobby
Fri Apr 04, 2014 5:09 pm
 
Forum: Personal Consumer Issues
Topic: Buying for someone who "has everything"
Replies: 43
Views: 2308

Re: Putting $ away for children

(next time I'll do a better job composing a politically correct opening post) Having stayed up all night thinking about this thread, I think that is a really good idea. The key for me is that the UGMA was a red herring. The children have money. It came from somewhere, perhaps modeling jobs they too...
by letsgobobby
Fri Apr 04, 2014 12:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Putting $ away for children
Replies: 103
Views: 5444

Re: road trip with kids, Northern California

Are you following me? That sounds like an exact itinerary for a trip I have coming up. Maybe we could carpool. Sounds like you are following me, eh? How about Tuesday night staying nearer Santa Cruz, then only two nights in Monterey? Boardwalk has limited rides and hours midweek. Should be less cro...
by letsgobobby
Fri Apr 04, 2014 1:59 am
 
Forum: Personal Consumer Issues
Topic: road trip with kids, Northern California
Replies: 12
Views: 698

Re: Re:

I have cruised on Royal Caribbean. It was like being trapped inside a shopping mall in Las Vegas. I prefer to chew my leg off to escape than go on such a cruise again. Great comment livesoft. In my opinion livesoft is correct again. Also heard the large cruises compared to spending 10 day vacations...
by letsgobobby
Thu Apr 03, 2014 6:05 pm
 
Forum: Personal Consumer Issues
Topic: Boglehead Cruise Line Preference
Replies: 57
Views: 6607

road trip with kids, Northern California

We're going to be in Sacramento - SFO - San Jose - Monterey for 1 week. Kids are 4 and 7. Tentative plan, would appreciate feedback: Sat - long drive from PDX to Sacramento - 9 hours. DVDs and books on CD ready for the kids, financial podcasts and satellite radio ready for the adults. Sun - Sacramen...
by letsgobobby
Thu Apr 03, 2014 6:02 pm
 
Forum: Personal Consumer Issues
Topic: road trip with kids, Northern California
Replies: 12
Views: 698

Re: Bogle: Tilt To Corporates For More Yield

I totally agree with Bogle on emphasizing corporates over Treasuries in current bond portfolios. I own no Treasuries or TIPS at all, only corporates in my tax-advantaged accounts and either money market or munis in my taxable personal account. There is some increased repayment risk in investment gr...
by letsgobobby
Wed Apr 02, 2014 2:33 pm
 
Forum: Investing - Theory, News & General
Topic: Bogle: Tilt To Corporates For More Yield
Replies: 71
Views: 6968

Re: Blog: Vanguard Personal Advisor Services

How is this new service different from the "Ask a CFP" service (free for Voyager Select $500k+) or the "Financial Plan service" ($1000 or less, free for Voyager Select and up)?
by letsgobobby
Tue Apr 01, 2014 4:22 pm
 
Forum: Investing - Theory, News & General
Topic: Blog: Vanguard Personal Advisor Services
Replies: 23
Views: 4052

Re: Will this affect your Tipping? [Suggested Tip Amounts]

This may be how you feel, but if you are a regular anywhere, and never leave a tip because "it turns you off", I can't imagine the level of service you must get. :oops: I will leave a tip, but it burns my gut. Wait staff are seldom the lowest compensated employees in a restaurant. The dis...
by letsgobobby
Sun Mar 30, 2014 3:57 pm
 
Forum: Personal Consumer Issues
Topic: Will this affect your Tipping? [Suggested Tip Amounts]
Replies: 123
Views: 7562

Re: Will this affect your Tipping? [Suggested Tip Amounts]

Thanks to this thread, I have started paying in cash whenever there is an iPad cash register. That is the obvious, old-fashioned solution I had never thought about because I've been cashless for so long. Now I have to remember to get cash back the 12 times per month I make a debit card purchase to m...
by letsgobobby
Sun Mar 30, 2014 3:52 pm
 
Forum: Personal Consumer Issues
Topic: Will this affect your Tipping? [Suggested Tip Amounts]
Replies: 123
Views: 7562
Next

Return to advanced search