Search found 1065 matches

by J295
Fri Aug 18, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Golf Cart Purchase
Replies: 3
Views: 318

Re: Golf Cart Purchase

battery powered.
have repaired in the past ... it's time to replace/upgrade for a number of reasons ....
by J295
Fri Aug 18, 2017 10:25 am
Forum: Personal Consumer Issues
Topic: Golf Cart Purchase
Replies: 3
Views: 318

Golf Cart Purchase

I have an old golf cart that came with the property we purchased on a golf course. It's on its last legs. There a a couple of sources in town to purchase a new or used cart, and both have good reputations. Q. Is my best option just to go to both and negotiate a purchase (likely a gently used cart), ...
by J295
Thu Aug 17, 2017 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 14671

Re: Lost $7000 today in ONE DAY!

You ask ... Should I change the allocation if this kind of downswing bothers me Good question that of course only you can decide. In my opinion, many factors go into this determination, and being bothered by drops is one but not the deciding factor. For example, we have 50% of publicly traded invest...
by J295
Mon Aug 14, 2017 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 8114

Re: ObamaCare 2018

And HSA contributions also reduce MAGI
by J295
Mon Aug 14, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Can we slow down then retire?
Replies: 25
Views: 3961

Re: Can we slow down then retire?

You should be able to go part time

Check out Kaiser website and calculator for ACA premium assistance.
by J295
Fri Aug 11, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 219
Views: 10472

Re: How far would you travel to see The Eclipse?

15 minutes ... down to my old office for an Eclipse party ... we live in one of the sweet spots ...
by J295
Tue Aug 08, 2017 7:34 am
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 5903

Re: What is an appropriate lower risk asset allocation once one has "won the game"

OP.Good question and I hope you get some helpful replies. I'll leave those replies to others. However, I need to call out jbolden1517 for a comment that seems harsh and doesn't offer up a solution for consideration. Let's congratulate OP for being in a good financial position and being open to reach...
by J295
Tue Aug 08, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: FSITX Question (Fidelity Total Bond Index Fund)
Replies: 7
Views: 587

Re: FSITX Question (Fidelity Total Bond Index Fund)

FSITX is fine. Or, you could just buy BND at Fidelity.
by J295
Mon Aug 07, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: kids think lazy if retire?
Replies: 70
Views: 7790

Re: kids think lazy if retire?

Vocation is one of many factors that influence your kids.

In our case my early retirement has motivated our kids to shoot for same. And my spouse going back into work force and loving it has them considering that possibility too if they reach FI.
by J295
Sun Aug 06, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: How do I find a competent Estate Attorney?
Replies: 8
Views: 919

Re: How do I find a competent Estate Attorney?

actec lawyer should be good.
by J295
Fri Aug 04, 2017 7:38 pm
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7104

Re: Study: Who Sold Stock During the 2008-9 Crash?

We sold some equities, and it wasn't TLH. It was fear. Even for those whose AA matched their temperament, I'll suggest that it was a very difficult time. There was no place to hide. Moreover, if one had relatively substantial assets going into the melt down, the paper losses were painful (its one th...
by J295
Fri Aug 04, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: wedding fund
Replies: 24
Views: 2002

Re: wedding fund

60/40 using index funds the 60 could be 2/3 US and 1/3 international the 40 could be combo of bnd, tips, cds, and ibonds good for you for setting this up. a couple of random observations .... on the comments suggesting not to spend to much for a wedding .... purely a personal choice so do as you wis...
by J295
Thu Aug 03, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Retire early, live abroad until 65 and come back
Replies: 72
Views: 7978

Re: Retire early, live abroad until 65 and come back

Personally, I would not have my decisions on where to live be based principally on health care and other costs (note: under current law OP may be able to manage MAGI to have health care premium costs that are less than premium costs in other countries).
by J295
Mon Jul 31, 2017 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Structuring payoff offer for house in foreclosure, above water
Replies: 27
Views: 2776

Re: Structuring payoff offer for house in foreclosure, above water

I've tried to understand what it is but can't track from OP his/her objectives. Perhaps a re-set would be helpful. Who exactly is trying to accomplish what here? In any case, generally speaking ..... Pay off all the liens or they don't go away. If the first is one of the large lenders (likely), they...
by J295
Mon Jul 31, 2017 12:39 pm
Forum: Investing - Theory, News & General
Topic: If You're Uncomfortable With Your AA, Maybe You're In The Right Place
Replies: 26
Views: 2646

Re: If You're Uncomfortable With Your AA, Maybe You're In The Right Place

by chicagoan23 » Mon Jul 31, 2017 10:07 am After some rebalancing off the most recent highs I've recently broken under 70% equities for the first time in my 20+ years of investing, with domestic equities now at about 57% of my total portfolio (lowest ever for me) and international at about 11%. Giv...
by J295
Mon Jul 31, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: CD Ladder
Replies: 16
Views: 1986

Re: CD Ladder

y Swimmer » Mon Jul 31, 2017 5:01 am How does one "run a CD ladder?" Can this be done from Vanguard's site? Maybe I'm missing it. Thanks. Don't know if you can do it on VG, but go to FIDO and you can see how it is done. Pretty nifty actually. We keep our "cash" in AMX Bank savin...
by J295
Mon Jul 31, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Buying a 2017 Lexus ES 350
Replies: 26
Views: 2440

Re: Buying a 2017 Lexus ES 350

We have a 2016 GX460, and love it. We knew exactly what features we wanted. Since it was new, we didn't care where we bought it, although we tried to buy local if possible. I sent our specs by email to 10 dealers on a Monday and told them we were going to buy on the coming up Wednesday (I had search...
by J295
Sat Jul 29, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 17
Views: 1788

Re: Anyone invest in I Bonds and why?

Nice safe part of fixed portion of our allocation
by J295
Sat Jul 29, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: Buying a house four months before a lease has expired
Replies: 18
Views: 923

Re: Buying a house four months before a lease has expired

Lots of options for working around this issue, including delaying a closing date .... bottom line I wouldn't let the lease materially impact my purchase decisions. Best of luck.
by J295
Sat Jul 29, 2017 12:22 am
Forum: Personal Consumer Issues
Topic: Wooden flooring in kitchen
Replies: 51
Views: 4223

Re: Wooden flooring in kitchen

love ours, which is on the entire first floor except the master bedroom.
engineered wood. dog and messes i bring in from the golf course where we live are no problem.
"warm up" the feel with some nice area rugs (we did)
robotic floor cleaner .... "priceless"
by J295
Fri Jul 28, 2017 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Will/Trust Plan Thoughts?
Replies: 56
Views: 4564

Re: Will/Trust Plan Thoughts?

I know you are only asking about will/trust, however I'll mention that you will want to determine agents for power of attorney and power of attorney for health care (and if you are funding a revocable trust now, the successor agent in the event of your inability to serve as trustee (i.e. your disabi...
by J295
Fri Jul 28, 2017 7:00 am
Forum: Personal Consumer Issues
Topic: How to organize toddler books
Replies: 18
Views: 1373

Re: How to organize toddler books

It's been a long time since we did this, but at times they were organized by the spreading them out wherever they were last read and then shoving them under the couch if a guest arrived unexpectedly! haha. Three kids age 4 and under will do that to a family.
by J295
Fri Jul 28, 2017 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Rental Property - Best Legal Structure?
Replies: 23
Views: 1910

Re: Rental Property - Best Legal Structure?

knightrider » Thu Jul 27, 2017 3:00 pm For just one house I can't see why you need any LLC. I think Americans watch too much TV and think everyone gets sued on a daily basis. Also what applies for multi-million dollar businesses does not make sense for personal businesses. Focus on getting quality ...
by J295
Thu Jul 27, 2017 6:31 am
Forum: Personal Finance (Not Investing)
Topic: Rental Property - Best Legal Structure?
Replies: 23
Views: 1910

Re: Rental Property - Best Legal Structure?

Sound advice above suggesting an LLC. No need for me to repeat. I will add ... one of the things you will want to handle when transferring currently owned real estate into the LLC is obtaining an endorsement or other confirmation that the title insurance in place (in your individual name) continues ...
by J295
Tue Jul 25, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Did you shop for a title company
Replies: 4
Views: 498

Re: Did you shop for a title company

State insurance departments regulate. There are good ones and some sloppy ones. Technically you are working with the agency that writes for the company. If your lawyer recommends I'd go with that recommendation.
by J295
Tue Jul 25, 2017 3:11 pm
Forum: Investing - Theory, News & General
Topic: Murphy's Law Of Retirement
Replies: 56
Views: 8848

Re: Murphy's Law Of Retirement

relative equity valuations were not part of our retirement decision five years ago and aren't applicable now to our financial decisions. i suppose the relative valuations could be a piece of someone's decision tree.
by J295
Tue Jul 25, 2017 12:47 pm
Forum: Personal Consumer Issues
Topic: Golfers - need to ramp up ASAP!
Replies: 42
Views: 3643

Re: Golfers - need to ramp up ASAP!

by sunny_socal » Tue Jul 25, 2017 8:28 am Thanks everyone. I'll likely stick with the "drink beer and drive a cart" approach for this trip. I may not even make it to the game unless I leave a day early and arriving late due to the cross country flight provides a good excuse to skip it. I'...
by J295
Tue Jul 25, 2017 12:35 pm
Forum: Personal Consumer Issues
Topic: Rhoombas, Home Mapping and Privacy
Replies: 15
Views: 1148

Re: Rhoombas, Home Mapping and Privacy

not too worried about someone knowing where the legs of our furniture exist. much more excited to know my failure in honoring my agreement to sweep every other day resulted in spouse getting a robot.
by J295
Mon Jul 24, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Hypertension with time management.
Replies: 13
Views: 1279

Re: Hypertension with time management.

Nice awareness by OP.
There is no quick fix for this ... and the change is "simple but not easy."
It may require a self evaluation of "why" you have these behaviors, and then a re-orientation of your paradigms/life lenses.
Best of luck
by J295
Mon Jul 24, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Master bathroom remodel- what to spend?
Replies: 15
Views: 1642

Re: Master bathroom remodel- what to spend?

I'll support the advice for having a "good realtor" take a look at it. Tell them before they come over that you aren't currently looking to sell but want their input on this issue if they are willing to provide it as part of their goodwill marketing. A good agent will likely want to come o...
by J295
Mon Jul 24, 2017 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Tax questions for parents wanting to deed property
Replies: 10
Views: 733

Re: Tax questions for parents wanting to deed property

by cwademba » Mon Jul 24, 2017 9:03 am Hello all, I have a few questions on estate planning that someone may be able to help me with....I do not like this idea due to capital gains tax on the cost basis of house (House worth appx. 200k and paid 20k over 40 years ago..... Land worth appx 80k) Google...
by J295
Sat Jul 22, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: What if mother uses daughter's Special Needs Trust for herself?
Replies: 23
Views: 1894

Re: What if mother uses daughter's Special Needs Trust for herself?

For a number of reasons consider a corporate trustee. If this were our family we would use a local bank with an excellent trust department where we know bank owner's and trust officers quite well. Sister 2 will not be happy for us to recommend a corporate trustee because we don't trust her. Plus, t...
by J295
Sat Jul 22, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: should my 22 yr old son have my power of attorney
Replies: 13
Views: 1526

Re: should my 22 yr old son have my power of attorney

..... Our son is in his late 20's and he has this for us, but(as I recall) it does not kick in unless we are both incapacitated. [/quote] Watty ..... You might want to check your documents. Typically, I'm not a fan of springing powers of attorney and prefer durable powers, assuming you have high de...
by J295
Sat Jul 22, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: should my 22 yr old son have my power of attorney
Replies: 13
Views: 1526

Re: should my 22 yr old son have my power of attorney

Could name son, and your brother as back up. Talk to son and tell him that if the situation arises for him to act and he's uncomfortable he should feel comfortable getting advice from your brother or resigning and having your brother take over.
by J295
Sat Jul 22, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: What if mother uses daughter's Special Needs Trust for herself?
Replies: 23
Views: 1894

Re: What if mother uses daughter's Special Needs Trust for herself?

For a number of reasons consider a corporate trustee. If this were our family we would use a local bank with an excellent trust department where we know bank owner's and trust officers quite well.
by J295
Sat Jul 22, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: Career Advice
Replies: 19
Views: 1592

Re: Career Advice

Two random things to add to the already good replies .... After we reached financial Independence we took some of the opportunities for change and life has been very exciting. That started around age 53. You mention your interest in earning money...... My interest in money was high when working full...
by J295
Fri Jul 21, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Lexus to Camry, invest difference
Replies: 30
Views: 2750

Re: Lexus to Camry, invest difference

jabberwockOG gave some good advice .... our Lexus GX 460 cost more than our first home, and I take great care of it ... but ultimately it's a piece of metal ..... Without shame I park far far away from everyone else in the lot, and after 1.5 years and 30k miles it still looks showroom new .... i als...
by J295
Fri Jul 21, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Allowed expenses for charity?
Replies: 5
Views: 321

Re: Allowed expenses for charity?

Hi dm200. I can be of just a little help here .... I'm no expert and don't have the correct citation, but maybe it's a start for you .... my understanding is that under your facts this is not permitted per IRS rules unless you are a donor advised fund. that is the word i got in the past from the acc...
by J295
Wed Jul 19, 2017 11:29 am
Forum: Personal Consumer Issues
Topic: Car Wash Pass worth it?
Replies: 15
Views: 946

Re: Car Wash Pass worth it?

A friend loves a clean car (and has a high profile position so he is always "on display), so he has a pass and uses it about 5 days a week. Me, I love having my Lexus GX460 clean (cost more than my first home so I take very good care of it), but I don't like touch car washes for it and the touc...
by J295
Tue Jul 18, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Investment advice for $4 million - can I do all stocks?
Replies: 72
Views: 5913

Re: Investment advice for $4 million - can I do all stocks?

Tim. We each have our own fingerprint, and likewise unique life choices and risk tolerance for investing. At some point after we reached financial independence we settled in on an asset allocation that I suppose most would consider fairly conservative, but it works for us and should leave a legacy f...
by J295
Mon Jul 17, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: 4% mortgage rate vs 2.5% BND yield
Replies: 92
Views: 6920

Re: 4% mortgage rate vs 2.5% BND yield

I guess we were lucky that I didn't have to drill down on the financial implications of keeping a mortgage or not ..... we just knew we wanted to own our homes free and clear so we paid off debt. We love the freedom of not having debt payment obligations.
by J295
Mon Jul 17, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Buying beach bungalow in San Diego for Winters
Replies: 55
Views: 4697

Re: Buying beach bungalow in San Diego for Winters

OP .... Lots of "constructive criticisms" of your preliminary plan ...... I don't have the magic answer for you, but I do want to encourage you to keep pursuing this ... you know what you'd like for lifestyle so see if you can make it happen ..... we are in a much different situation (reti...
by J295
Sat Jul 15, 2017 7:17 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 166
Views: 17847

Re: How are folks handling the unprecedented rise in the market ?

Same inaction as when it falls, it's just that it feels a better knowing the balances are going up instead of down. More directly, we have an IPS that doesn't permit changes without a 3 month cooling off period, and we haven't changed the IPS for a long long time. So, fear (which may be in the origi...
by J295
Fri Jul 14, 2017 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 9767

Re: Do you count vehicle equity in net worth?

Automobiles are assets, and as such are part of a true net worth calculation. Of course, anyone can choose to ignore them for any internal calculations they may be making. We have our vehicle on our asset list (it cost more than our first home), but it is not factored into our investment allocations...
by J295
Sun Jul 09, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Gift to son buy a condo in San Francisco. Co-ownership?
Replies: 55
Views: 4159

Re: Gift to son buy a condo in San Francisco. Co-ownership?

OP .. .just wondering .... would son be better served with a large non-recourse mortgage just in case there is a job loss or other circumstance where he needs to exit SF or exit home ownership and home prices have dropped (it does happen as we all know)? You could still provide the gift it's just th...
by J295
Sun Jul 09, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Liability Insurance Protection for Non-Homeowner
Replies: 1
Views: 170

Liability Insurance Protection for Non-Homeowner

One adult child doesn't own home, so doesn't have a homeowner's policy. His material possessions in his apartment aren't particularly substantial, but his investment accounts are strong so he does have assets to protect. I'm thinking he should have liability protection generally ... things like the ...
by J295
Sun Jul 09, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5026

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

If you are quite serious about this read about Mediterranean diet and make your own lunch.

Get Ezekiel or similar bread at grocery store. Not all "wheat" bread is created equal.