Search found 1376 matches

by FelixTheCat
Tue May 23, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 46
Views: 2827

Re: How to Invest Church Money

I read an article about helping people. The article was discussing the role of charities versus the government. The article indicated during good financial times people were inclined to give. During poor financial times people held on to their money. I assume this is the same with church donations. ...
by FelixTheCat
Tue May 23, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: To me this is the most significant investment lesson ever
Replies: 16
Views: 2671

Re: To me this is the most significant investment lesson ever

I ran this theory in portfolio visualizer. A million dollar portfolio invested in May 1992.
    100% Total Stock Market Index is worth $8,771,685 today.
    100% Total Bond Market Index is worth $3,569,217 today.
I think that is a bit of a difference in asset allocation.
by FelixTheCat
Thu May 18, 2017 5:08 pm
Forum: Personal Consumer Issues
Topic: Neighbor draining onto / flooding my patio and yard daily - what can I do?
Replies: 59
Views: 4686

Re: Neighbor draining onto / flooding my patio and yard daily - what can I do?

rustymutt wrote:You need to have a French drain installed. Fixed.

+1 The drain should correct your issue.
by FelixTheCat
Wed May 17, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting brokerage account- questions
Replies: 20
Views: 982

Re: Inheriting brokerage account- questions

Why is this taking so long? Probate is usually one year.
by FelixTheCat
Wed May 17, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 5517

Re: Convince me to get back into stocks!

amd7239 wrote:I am 27 and have about $50k to invest (in my 401k)

Don't get into the stock market unless plan to be invested for 10 years. You have around 40 years until retirement. I think you are good to invest it and forget it! :D
by FelixTheCat
Wed May 17, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7250

Re: Article: "Our emergency fund is exactly $0.00"

Remember 2008?
    You lost your job.
    You are losing your house.
    Stock Market is down 37%.

How is a six month cash emergency fund looking now?
by FelixTheCat
Mon May 15, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Where do you get your tea ?
Replies: 23
Views: 1967

Re: Where do you get your tea ?

I buy my tea from https://www.madmonktea.com/
by FelixTheCat
Fri May 12, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course with our plan
Replies: 16
Views: 1056

Re: Staying the course with our plan

What motivates you to stay the course with your financial plans? When is it okay to indulge and treat yourself? My motivation is fear based. I have seen too many people lose their jobs or house over the decades. I've read about about people that have no savings, rely on the government or simply do ...
by FelixTheCat
Thu May 11, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: House Deed Covenant Enforceability
Replies: 39
Views: 2722

Re: House Deed Covenant Enforceability

it appears the best route would be to place a 10 year mortgage on the home and pay off all the high interest credit cards. No. Don't even think about this one second longer. Use the Dave Ramsey snowball effect on paying off credit cards. https://www.daveramsey.com/blog/get-out-of-debt-with-the-debt...
by FelixTheCat
Thu May 11, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: House Deed Covenant Enforceability
Replies: 39
Views: 2722

Re: House Deed Covenant Enforceability

it appears the best route would be to place a 10 year mortgage on the home and pay off all the high interest credit cards. No. Don't even think about this one second longer. Use the Dave Ramsey snowball effect on paying off credit cards. https://www.daveramsey.com/blog/get-out-of-debt-with-the-debt...
by FelixTheCat
Wed May 10, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: international stocks poised to outperform US ???
Replies: 80
Views: 5841

Re: international stocks poised to outperform US ???

You could always go with Bogle and Buffett's advice.
by FelixTheCat
Wed May 10, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: 18" vs 20" Tires
Replies: 39
Views: 2099

Re: 18" vs 20" Tires

Thanks for all of the feedback. I truly appreciate the help.
by FelixTheCat
Tue May 09, 2017 6:28 pm
Forum: Personal Consumer Issues
Topic: Fitbit Blaze vs Apple Watch
Replies: 24
Views: 1815

Re: Fitbit Blaze vs Apple Watch

I have a Fitbit Charge syncing with an IPhone 6 Plus. Works well for me.
by FelixTheCat
Tue May 09, 2017 6:24 pm
Forum: Personal Consumer Issues
Topic: 18" vs 20" Tires
Replies: 39
Views: 2099

18" vs 20" Tires

I am thinking about buying a new SUV. I see the same car at two different dealers with the exception of wheel/tire size. SUV #1 has 18" Painted Aluminum Wheels SUV #2 has 20" Polished Aluminum Wheels for $1,295 more. How does the SUV handle on different tires sizes? Is 18" more for co...
by FelixTheCat
Mon May 08, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Will and Estranged Child advice
Replies: 44
Views: 3836

Re: Will and Estranged Child advice

I too have an estranged child and read Beyond the Grave. Here are some options: Sprinkle Trust. You let a professional trustee like Vanguard manage the share of the inheritance for the estranged child. The estranged child must petition the executor for money based on her needs. Generation Skipping T...
by FelixTheCat
Fri May 05, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: Tips From Older Bogleheads?
Replies: 52
Views: 4282

Re: Tips From Older Bogleheads?

Invest early and often. Pay yourself first. Live within your means. Stick with a couple of index funds. Marry the right person. Eat clean. Exercise. Vacation. Get a dog. Never buy cheap booze. The headaches are not worth it. :shock: Give back to the world. Always pass on what you have learned. – Yoda
by FelixTheCat
Fri May 05, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18008

Re: Why save so much for when you're old?

Tycoon wrote:Compounding money over time would be a good reason.

+1

“The most powerful force in the universe is compound interest” – Albert Einstein
by FelixTheCat
Fri May 05, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Priority of Retirement Accounts
Replies: 18
Views: 1580

Re: Priority of Retirement Accounts

Here's the priority list. Here is a general account funding priority that often works well for many people (not all points will apply to everyone): Contribute to the work-based plan (401(k), 403b,) enough to get the full employer match (the match is like free money, your best possible investment), P...
by FelixTheCat
Fri May 05, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 2896

Re: Are we doing better now?

badbreath wrote:Every time you or your wife gets a raise put 1% more in your 401Ks till you get that maxed out.

+1

It looks like you are doing well.
by FelixTheCat
Thu May 04, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Fee-only CFP in San Diego
Replies: 6
Views: 483

Re: Fee-only CFP in San Diego

Tell her to save her $$$. Point her to the board.
by FelixTheCat
Wed May 03, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put gift money that child is receiving each year?
Replies: 16
Views: 1335

Re: Where to put gift money that child is receiving each year?

Schwab has lower requirements if you want to use a UTMA account.
by FelixTheCat
Wed May 03, 2017 11:58 am
Forum: Personal Consumer Issues
Topic: Global Entry or Nexus
Replies: 15
Views: 944

Re: Global Entry or Nexus

Get Global Entry. It's good for every entry back to the USA via land/air.
by FelixTheCat
Tue May 02, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: HOA vs No-HOA
Replies: 53
Views: 3273

Re: HOA vs No-HOA

A tale of two homes My HOA neighborhood Everyone's house looks nice. You abide by a set of community rules My Non-HOA neighborhood My neighbor across the street had his garage full of junk. His driveway was filled with broken down cars. He was working on an engine on his front lawn. The street in f...
by FelixTheCat
Wed Apr 26, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 3024

Re: Best vacuum cleaner for pet hair?

Roomba. I have my robotic vacuum set on an automatic schedule. 7 days a weeks it goes after Felix's fur.
by FelixTheCat
Tue Apr 25, 2017 4:54 pm
Forum: Personal Consumer Issues
Topic: $300+ to remove a racoon. Really?
Replies: 83
Views: 4765

Re: $300+ to remove a racoon. Really?

I had a quote for $275 for two weeks of raccoon removal if the trap worked or not.

I found the trap at Home Depot for $52.47. The only issue is what to do with the raccoon once you catch one. I never investigate that because my six raccoon buddies left me.
by FelixTheCat
Tue Apr 25, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: Somebody hit my car in a parking lot
Replies: 26
Views: 3683

Re: Somebody hit my car in a parking lot

I had a Toyota Camry parked at Home Depot. I came out to find my left rear quarter panel smashed in. I reported the incident to my insurance (I forgot who I had at the time). My insurance company told me it was a moving violation. I argued that my car wasn't moving; it was parked. They said the othe...
by FelixTheCat
Tue Apr 25, 2017 3:15 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 4966

Re: New job and offer - recruiter sent a wrong $$

One of my ex-coworkers had a trick every time a company made her an offer. She always responded with "I couldn't leave my current employer for that amount." The new employer would always raise the offer. Maybe it will work.
by FelixTheCat
Wed Apr 19, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Allocation
Replies: 8
Views: 1224

Re: Retirement Allocation

+1 on the three fund portfolio.
by FelixTheCat
Wed Apr 19, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Adult child lack of availability at tax time.
Replies: 24
Views: 2010

Re: Adult child lack of availability at tax time.

Stop enabling the adult! Let the IRS contact the adult for his lack of tax filing.
by FelixTheCat
Wed Apr 19, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Should I bother with a 401k at present?
Replies: 25
Views: 2072

Re: Should I bother with a 401k at present?

The one thing I wish I listened to when I was younger was "Pay yourself first." At a minimum, invest in the 401K to get the match.
by FelixTheCat
Tue Apr 18, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: 27yr curious about my investment personel and strategy
Replies: 60
Views: 5961

Re: 27yr curious about my investment personel and strategy

So! The Conversation has been had, and the process of having the 3rd party money management firm and my advisor removed from my fidelity account is in process. ( They said it takes a few days to finalize it all) Still need to make a couple decisions on my Indexed Universal Life insurance plan.. But...
by FelixTheCat
Tue Apr 18, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: 27yr curious about my investment personel and strategy
Replies: 60
Views: 5961

Re: 27yr curious about my investment personel and strategy

Why is there a whole life policy? Wife? Kids? Those mutual fund expense ratios are outrageous. Did I see front-end loads? :oops: Start reading https://www.bogleheads.org/wiki/Getting_started so you can take charge of your finances. The wiki/forum will teach you to construct a three-fund tax-efficien...
by FelixTheCat
Tue Apr 18, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for UTMA Account
Replies: 3
Views: 235

Re: Advice for UTMA Account

Ten years ago my Mother In Law (since deceased) bought a savings bond for my son which has now matured. We just received the proceeds in the amount of $395. I would like to set up a UTMA account for him so that he/we can invest the money. My thought was to set something up at Vanguard and put the m...
by FelixTheCat
Fri Apr 14, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: What constitutes "a lot" of money?
Replies: 81
Views: 11285

Re: What constitutes "a lot" of money?

Almost half the world — over three billion people — live on less than $2.50 a day. At least 80% of humanity lives on less than $10 a day. More than 80 percent of the world's population lives in countries where income differentials are widening. 50% of the world ~ $2.50 a day Next 30% ~ $10 a day A ...
by FelixTheCat
Fri Apr 14, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 25119

Re: Age when you started to max out your retirement accounts?

Maxed out contributions after child support ended at 53.
by FelixTheCat
Wed Apr 12, 2017 6:23 pm
Forum: Personal Consumer Issues
Topic: Week in San Diego - What to do?
Replies: 35
Views: 2302

Re: Week in San Diego - What to do?

Balboa Park ~ museums, food, park Zoo / Wild Animal park Stephen Birch Aquarium Sea Port Village (ocean, restaurants, shops, merry-go-round) / USS Midway / Horse drawn carriages / Sea Land Tours Beaches (Children's Pool in La Jolla to see seals), Coronado (Hotel Del) Legoland Close enough to Train (...
by FelixTheCat
Wed Apr 12, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Severance
Replies: 16
Views: 1702

Re: Severance

Smile. Sign the papers. Collect the check.

The good news is summer is almost here. Take some time off and enjoy life.
by FelixTheCat
Wed Apr 12, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tax preparer charging for past tax PDF's copies
Replies: 49
Views: 3477

Re: Tax preparer charging for past tax PDF's copies

You are paying for labor. Tax person needs to eat. :happy
by FelixTheCat
Wed Apr 12, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Worried on my Job? Options beyond Emergency Fund?
Replies: 12
Views: 1657

Re: Worried on my Job? Options beyond Emergency Fund?

Improve your skill set, keep your resume current and increase your emergency fund.
by FelixTheCat
Tue Apr 11, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts and moving to Vanguards
Replies: 6
Views: 578

Re: Investment accounts and moving to Vanguards

In an IRA, there is usually on option which asks which year are you contributing. You can contribute to 2016 & 2017 on the same day.
by FelixTheCat
Fri Apr 07, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Friend sell stocks move $ to Vanguard Need Advice!!
Replies: 7
Views: 737

Re: Helping Friend sell stocks move $ to Vanguard Need Advice!!

crazyhorse wrote:I'm helping a friend (67 yo female) who has very limited interest in her finances and doesn't have enough for retirement.

If your friend has very limited interest in her own affairs, then you should stay out of her finances. Point her to this forum when she becomes interested.
by FelixTheCat
Fri Apr 07, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Telling Family About Daughters 529 For Gifts
Replies: 52
Views: 3575

Re: Telling Family About Daughters 529 For Gifts

I didn't have any luck. I had a lot of opposition from family about saving for college.
by FelixTheCat
Thu Apr 06, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Unique position
Replies: 17
Views: 1074

Re: Unique position

Thanks for your service. I think of asset allocation in terms of sleep. The stock market drops considerably like the 2009 crash. How do you react? Are you upset that you lost 37% of your money? Are you excited that you can purchase stocks for a lot less money? Vanguard has an asset allocation questi...
by FelixTheCat
Thu Apr 06, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Which 500 Fund to Invest in.
Replies: 25
Views: 2786

Re: Which 500 Fund to Invest in.

I would invest in the fund family where you have your brokerage account. For example, buy the Fidelity fund if you have a Fidelity brokerage account.

If your account charges fees for everything, look at commission free ETFs. The purpose is to avoid transaction fees.
by FelixTheCat
Wed Apr 05, 2017 1:01 pm
Forum: Investing - Theory, News & General
Topic: Why Buffet likes S&P 500 Index over a TSM Index Fund?
Replies: 45
Views: 5385

Re: Why Buffet likes S&P 500 Index over a TSM Index Fund?

I've never heard why Buffett prefers S&P 500 over TSM. Maybe he doesn't like small/mid caps?
by FelixTheCat
Wed Apr 05, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Old [person] playing catch up in retirement
Replies: 10
Views: 1853

Re: Old [person] playing catch up in retirement

Thanks for sharing your story. Definitely a confidence booster for me. It's amazing how your money grew from $132,000- to $460,000 in just 6 years! Mind sharing where your money was invested during that time? By the way, congrats on your success :sharebeer I took a guess. From Jan 1992 - Dec 1998 V...
by FelixTheCat
Thu Mar 30, 2017 3:14 pm
Forum: Personal Consumer Issues
Topic: Is the secret to getting wealthy...
Replies: 48
Views: 4514

Re: Is the secret to getting wealthy...

There are only two marketing geniuses I admire Inventor of the Pet Rock You are probably too young to remember. A guy convinces the USA to buy a rock in a box. https://images-na.ssl-images-amazon.com/images/I/714aAzO4JxL._SX355_.jpg Person who invented ATM fees I remember you had to make it to the b...
by FelixTheCat
Wed Mar 29, 2017 6:43 pm
Forum: Investing - Theory, News & General
Topic: anyone factor in future inheritance?
Replies: 78
Views: 4899

Re: anyone factor in future inheritance?

Don't count your chickens before they are hatched.

P.S. When did barnyard fowl become an accounting method? :D

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