Search found 25 matches

by Roberts111
Tue May 08, 2018 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Does it make ANY sense for a US citizen to stash emergency funds overseas?
Replies: 62
Views: 4792

Re: Does it make ANY sense for a US citizen to stash emergency funds overseas?

I think overseas Real Estate is the better option. As long as it is in a country with a record of respecting property rights. Foreign Bank Accounts have lengthy reporting requirements for over $10k. It's best to get a citizenship in the country where you plan to store assets. The problem with this p...
by Roberts111
Tue May 08, 2018 1:18 am
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 8234

Re: Bucket List Adventures/Activities

I just reviewed my bucket list and some of the memorable things I have done include: - African Safari - Hiking around Victoria Falls - Borobudur, Indonesia - Attending a Presidential Inauguration in DC - State Opening of UK Parliament (seeing the Queen) - Skydiving - Parthenon in Athens - Santorini,...
by Roberts111
Tue May 08, 2018 12:59 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6230

Re: Do we spend too much on food?

She loves to cook and entertain and we regularly host church meetings, dinners , etc. Your situation is unique and not just average monthly food budget. Seems like a lifestyle choice. My opinion is always to save what you need to for retirement, etc. and spend the rest in ways that make your life e...
by Roberts111
Tue May 08, 2018 12:41 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6230

Re: Do we spend too much on food?

I just ran through the math and realized that our monthly groceries (including household items) average about $1300. In addition, we spend about $600 per month dining out...How does this match up with others? Those numbers are tough to gauge without more background, so here's an older post: My wife...
by Roberts111
Tue May 08, 2018 12:30 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6230

Re: Do we spend too much on food?

I don't know about Seattle, but in general you might want to consider what you consider "food" and what you consider household supplies such as cleaning supplies, also pet expense including pet food. You may also want to consider whether "eating out" is "food" or whether it is "entertainment." Like...
by Roberts111
Tue May 08, 2018 12:22 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6230

Re: Do we spend too much on food?

we are similar. 1300 groceries (included alcohol and any household paper products, toothpaste etc) 800 eating out family of 4 -- sometimes 5 (my mom often eats dinner with us). Included 3 meals a day for all 4 people. Kids eat like adults in portion size (not manners). we eat grass fed beef and org...
by Roberts111
Tue May 08, 2018 12:21 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6230

Re: Do we spend too much on food?

Our food spend is about $650 a month for 2 plus at least $600 a month eating out in MCOL area (Charlotte). I think it is great that you do the entertaining and that your wife loves to cook. That is all good. It is great to entertain friends and I am sure you and your wife derive a lot of pleasure f...
by Roberts111
Tue May 08, 2018 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9269

Re: Retire Internationally for FIRE

Thanks everyone for your input. I am aware of bloggers / v-loggers, but I wanted to talk to real world people since travel blogs can be biased. I am glad to hear from a few fellow bogleheads that are successfully living overseas. A couple of you mentioned how hard it is to relocate to a strange area...
by Roberts111
Tue May 08, 2018 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9269

Re: Retire Internationally for FIRE

I am wondering if anyone here has managed to retire early by moving overseas? I've heard that some destinations in Central America and Asia offer a comfortable retirement for around $2-3k per month per couple. I live in SE Asia. Have you ever lived in another country? If you are just picking "a LCO...
by Roberts111
Sun May 06, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 9269

Retire Internationally for FIRE

I am wondering if anyone here has managed to retire early by moving overseas? I've heard that some destinations in Central America and Asia offer a comfortable retirement for around $2-3k per month per couple. I am 44 yo and my idea is to move to a LCOL country in 12 years or so. If I rent out my pr...
by Roberts111
Sat May 05, 2018 11:35 pm
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 6230

Do we spend too much on food?

My wife and I periodically argue about how much we are spending on food since I am the one who handles the budget and she is the one that does the grocery shopping. We are a family of four in the Seattle area where prices are higher than average and sales tax is 10%. She loves to cook and entertain ...
by Roberts111
Fri Apr 21, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Do CDs make sense in an IRA
Replies: 4
Views: 887

Do CDs make sense in an IRA

I'm rebalancing my portfolio to the "roughly your age in bonds" advice. However, since bond yields have been low, does it make sense to put some of what I would put in bonds into a 5 year CD inside my IRA? I use fidelity which gives that option. The yields are around the same with a shorter horizon ...
by Roberts111
Thu Apr 20, 2017 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 6626

Re: Can I afford private school for my kids?

The OP talked about Christian "values." Since the 70's, that has been code for Evangelical here in the US. I raised concerns about an Evangelical education for potential students of STEM and health-care-related fields. Maybe OP was actually concerned that the kids wouldn't get enough symbolic logic...
by Roberts111
Thu Apr 20, 2017 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 6626

Re: Can I afford private school for my kids?

randomguy wrote: Classical christain education isn't anti science. Grammer, logic and rhetoric is a solid foundation for a STEM education.
Thanks for clarifying. The Grammar, logic, rhetoric method is precisely what I meant by the term.
by Roberts111
Wed Apr 19, 2017 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Armageddon Insurance - how to spend $100k
Replies: 29
Views: 3333

Re: Financial Armageddon Insurance - how to spend $100k

That's what I meant by becoming clear about what risk you're worried about so you can make sure you match the mitigation strategy to the risk. As a first step, I'd look at economic problems that have actually happened around the world, how real people have dealt with them, and use that as a source ...
by Roberts111
Wed Apr 19, 2017 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Armageddon Insurance - how to spend $100k
Replies: 29
Views: 3333

Re: Financial Armageddon Insurance - how to spend $100k

Just curious, who's peddling these fears to you? After '08 crisis I decided that after getting my plan A on track, I would do what I could to help soften the results of the next crisis. I remember the fear in '08 of the unknown future. I've read the usual guys that I know are controversial here - J...
by Roberts111
Wed Apr 19, 2017 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Armageddon Insurance - how to spend $100k
Replies: 29
Views: 3333

Re: Financial Armageddon Insurance - how to spend $100k

Have you ever spent years living in another country? I'm curious why you'd say this. I have not lived in another country, but have spent considerable time in Indonesia and a couple others over the years. The Indonesians I know have money stored in different currencies plus gold and the wealthier on...
by Roberts111
Wed Apr 19, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Armageddon Insurance - how to spend $100k
Replies: 29
Views: 3333

Financial Armageddon Insurance - how to spend $100k

I am becoming more aware of economic warfare and risks to our financial system. However, I am not convinced that I need to go full survivalist. I think it is a growing risk that will continue with the increase convergence of big finance and technology. My life plan A is to prepare for likely events ...
by Roberts111
Wed Apr 19, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Buy new house in Seattle area?
Replies: 20
Views: 2996

Re: Buy new house in Seattle area?

I live in the area and yes it's crazy. My neighbor just listed their home at $750k and I heard it sold at $950k. 5 years ago the Zillow price of her home was around $380k. I bought near the "top" in 2006 for around $400k and was told that was ridiculous. Now I could get double if I wanted. I can't p...
by Roberts111
Wed Apr 19, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy parents home and rent back to them?
Replies: 8
Views: 2246

Re: Should I buy parents home and rent back to them?

It really depends on the local real estate market so it would be good to talk with several real estate agents to find out what the local market is like. Even if she is not ready to sell yet feel free to call the real estate agents and talk with the them about the situation. A good real estate agent...
by Roberts111
Wed Apr 19, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 6626

Re: Can I afford private school for my kids?

After reading comments I thought I should clarify a couple things: - I live in a large West Coast city so the culture/values difference between a Christian school and public school are more pronounced than many parts of the Country. - Due to job, family, and other factors I am not planning on moving...
by Roberts111
Tue Apr 18, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 6626

Re: Can I afford private school for my kids?

Wow. I got many great replies over night. I should add that in addition to maxing out 401k, spousal IRA, Roth, and HSA, I spend extra on padding savings, taxable investments, home projects, and vacations. I would have to cut into that second set of expenses. My current course was what some of you me...
by Roberts111
Tue Apr 18, 2017 1:10 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 6626

Can I afford private school for my kids?

My wife and I have two kids ages 10 and 6 which are enrolled in the local public school system. It's a decent district with above average test scores. Recently, I have discovered that there is a private school that emphasizes classical Christian education in the area. This appeals to me because: 1. ...
by Roberts111
Tue Apr 18, 2017 12:43 am
Forum: Investing - Help with Personal Investments
Topic: Should I buy parents home and rent back to them?
Replies: 8
Views: 2246

Re: Should I buy parents home and rent back to them?

Thanks everyone for your answers. After reading your replies it looks like it may be more headache than worth it. My siblings would probably perceive it as I am taking advantage of mom. Furthermore, I don't like RE deals with negative cash flow and this much maintenance issues, so I probably wouldn'...
by Roberts111
Mon Apr 17, 2017 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy parents home and rent back to them?
Replies: 8
Views: 2246

Should I buy parents home and rent back to them?

I have lurked on here for a while but never posted. Thought it might be a good place for my question, so here it goes... My 65+ mother lives in a city where home prices are soaring. She has no mortgage but does owe on a private loan which a lien was placed on her house. She also owes back taxes and ...