Search found 1183 matches

by Sandtrap
Sat Jun 24, 2017 6:35 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 161
Views: 18462

Re: Roll Call for the Retirement Class of 2017!

2017 January. :D Aloha Sandtrap! Congratulations and welcome to the class! I guess you miss huli huli chicken, poi and humuhumunukunukuapua'a :happy We wish you the best in your new home on the mainland. Enjoy the wonder, opportunity, and satisfaction of this retirement transition with the open roa...
by Sandtrap
Wed Jun 21, 2017 1:26 am
Forum: Personal Consumer Issues
Topic: Good camera - new baby coming
Replies: 61
Views: 3275

Re: Good camera - new baby coming

Canon g9, g5 :D
by Sandtrap
Sun Jun 18, 2017 4:15 pm
Forum: Personal Consumer Issues
Topic: Fermenting Vegetables
Replies: 45
Views: 3165

Re: Fermenting Vegetables

Kim chee? :shock:
by Sandtrap
Sun Jun 18, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Why do we need an emergency fund?
Replies: 70
Views: 4025

Re: Why do we need an emergency fund?

Health catastrophe.
Life catastrophe.
by Sandtrap
Sat Jun 17, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting Quandary
Replies: 46
Views: 6566

Re: Inheriting Quandary

Seek legal counsel representing only yourself. Inquire "partition suit" proceedings to be able to extricate yourself from building/property ownership paid fairly/appraised apportioned value, to you. The siblings have the option of buying you out with cash or selling the properties. A parti...
by Sandtrap
Sat Jun 17, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 88
Views: 4745

Re: Curious to odd estate question

livesoft wrote:Excellent answer as usual from Gill.

+1
by Sandtrap
Sat Jun 17, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Market Monitoring -- Best Practices?
Replies: 33
Views: 1351

Re: Market Monitoring -- Best Practices?

Maybe browse my Morningstar account once a month at best. Sleep Factor.
I think that's why it's called financial porn or such. Or supermarket tabloids, etc. Too much information and lot's of noise which is very anti "Bogle".
Zero monitoring.
Ignore the noise.
by Sandtrap
Sat Jun 17, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Financial Freedom at 55, Early Retirement, SPIA a good idea?
Replies: 23
Views: 1901

Re: Financial Freedom at 55, Early Retirement, SPIA a good idea?

Would buying a Joint SPIA paying $8200/month (~about 5.20%) with the main portfolio a good idea at 55? Wife and I projected to live past 87. Both of grandparents live past their 90s. Great grandma 94 and still going strong. One view of conventional wisdom is that SPIAs are better bought at older ag...
by Sandtrap
Wed Jun 14, 2017 12:45 am
Forum: Personal Consumer Issues
Topic: Password Managers
Replies: 58
Views: 2729

Re: Password Managers

Toons wrote:LastPass for years here.
Indespensable for me
50 passwords or more.
Sign in on all devices.
Works great...
Search password manager in search box for threads :happy

+1 :D
by Sandtrap
Mon May 22, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Safe 5 percent ROI
Replies: 25
Views: 4478

Re: Safe 5 percent ROI

Welcome to the forum! There is no safe investment returning 4%; if there were, people wouldn't hold large amounts of money in safe investments earning 1%. You can get an expected return of about 4% with some risk. If bonds return 2.5% (about their current yield; note that even this has some risk) a...
by Sandtrap
Wed May 03, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Rent to friend or sell home?
Replies: 9
Views: 940

Re: Rent to friend or sell home?

Jack FFR1846 wrote:Sell her the home with the understanding that she may turn around and sell it next week. I would expect that renting could bring far more potential drama, loss of friendship and financial issues. That's one man's opinion, anyways.

+1
by Sandtrap
Sat Apr 29, 2017 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Gifting a down payment/avoiding gift tax
Replies: 23
Views: 1420

Re: Gifting a down payment/avoiding gift tax

Yes thank you, correctly stated I am not seeking to avoid the law or federal regulations. Simple asking for financial advice on how to best handle the tax claims/laws. All advice was very useful, thank you very much. First, Congratulations on being in a position whereby you are able to help your so...
by Sandtrap
Wed Apr 26, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Revocable trust worth paying attorney for?
Replies: 21
Views: 1530

Re: Revocable trust worth paying attorney for?

I'll be paying an attorney to set up our wills and trusts so that I have confidence it is done correctly. That's the biggest pro in my mind. As an aside, have you or your friend read Beyond the Grave by Gerald Condon? He has several stories about the perils of joint ownership of property that shoul...
by Sandtrap
Wed Apr 26, 2017 8:43 am
Forum: Investing - Theory, News & General
Topic: "When Holding is the Hardest Part"
Replies: 10
Views: 1714

Re: "When Holding is the Hardest Part"

Taylor Larimore wrote:Bogleheads:

Ben Carlson has written this excellent and timely article:

When Holding is the Hardest Part

Stay the course.

Best wishes.
Taylor

Thanks for the help.
j
by Sandtrap
Mon Apr 24, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 9411

Re: Why is Real-Estate so Bad?

Hello Boggleheads, I am a fairly young investor and have lurked/posted on these forums for a while now, and have learned a lot! However there is one concept that I just cannot get my head around. I come from a family of Real-Estate investors , and when I told them about my "Bogglehead ideas&qu...
by Sandtrap
Wed Apr 19, 2017 10:24 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 37668

Re: Larry Swedroe says "Goodby."

Thanks for all your help, Larry Swedroe.
j :sharebeer
by Sandtrap
Tue Apr 18, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Intermediate versus Short Term Bond Funds
Replies: 16
Views: 1850

Re: Intermediate versus Short Term Bond Funds

Fill the orchard of our portfolio with a diversified mix of fruit yielding trees and crops, each doing better or worse at any one time. It matters not the changing value of the trees, only that they keep yielding when they are in the mood and the climate is right for that particular crop. Chauncey G...
by Sandtrap
Tue Apr 18, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: How to be a good parent to an introverted kid
Replies: 29
Views: 2702

Re: How to be a good parent to an introverted kid

read "Quiet" by Susan Cain to grasp an introverted world. https://www.amazon.com/Quiet-Power-Introverts-World-Talking/dp/0307352153/ref=sr_1_1?ie=UTF8&qid=1492524602&sr=8-1&keywords=quiet+susan+cain Watch the movie, "Magnus", teenage chess champion. Introversion as a ...
by Sandtrap
Mon Apr 17, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 14028

Re: Too much inheritance to handle. Advice needed

Read "Boglheads" wiki "Managing a Windfall".
Use search box upper right corner.
by Sandtrap
Mon Apr 17, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off these loans?
Replies: 24
Views: 2384

Re: Should I pay off these loans?

yes yes
by Sandtrap
Mon Apr 17, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to generate $50,000 per month?
Replies: 60
Views: 7845

Re: How much money do you need to generate $50,000 per month?

8-12 million for an apartment high rise building in Honolulu, Hawaii will generate far north of $50,000 / month. No leveraging. No mortgage. Tax breaks. Appreciative value. Etc. That is 1 example. Please explain how does that work. My guess is that your example assumes I buy this apartment for $10M...
by Sandtrap
Mon Apr 17, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9576

Re: Why would anyone want to buy bond funds?

Parachute, Life Raft, Safety Net. Never needed until they are needed.
by Sandtrap
Mon Apr 17, 2017 9:59 am
Forum: Local Chapters and Bogleheads Community
Topic: Hawaii Bogleheads, where are you?
Replies: 25
Views: 2722

Re: Hawaii Bogleheads, where are you?

Authentic Hawaiian Pake local, Waianae/Kaneohe. DW and I, Recently retired. Relocated HCOL to LCOL ....... small town in the mountains of Northern Arizona. Arizona Resident. (but still have a tiny studio apt in kailua, kawainui side) Could not afford to retire to Kamuela, my lst choice since forever...
by Sandtrap
Mon Apr 17, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to generate $50,000 per month?
Replies: 60
Views: 7845

Re: How much money do you need to generate $50,000 per month?

8-12 million for an apartment high rise building in Honolulu, Hawaii will generate far north of $50,000 / month.
No leveraging. No mortgage. Tax breaks. Appreciative value. Etc.
That is 1 example.

EDIT
"50 to 75 rental units"
by Sandtrap
Mon Apr 17, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Lump sum investment or DCA?
Replies: 25
Views: 1424

Re: Lump sum investment or DCA?

DCA at the rate and amount that allows one to sleep at night. The "sleep factor" is unique to everyone. No right or wrong in the bigger picture.
by Sandtrap
Mon Apr 17, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Would you ever rent a house to a family member?
Replies: 21
Views: 1424

Re: Would you ever rent a house to a family member?

Generally, no. The only reason might be if I were allowing an elderly parent to live in the house essentially rent-free, but charging a minimal rent to satisfy the IRS and prevent the parent from the embarrassment of taking support from the child. As some sort of win-win business transaction betwee...
by Sandtrap
Sun Apr 16, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Anyone else decided not to finish med school?
Replies: 55
Views: 6349

Re: Anyone else decided not to finish med school?

I have a nephew who graduated with a non med degree then went back to complete a science degree, went to med school, and recently entered private practice. It was a long haul with the "do over". But once commited to went at it with passion. Other family members I know who were fully commit...
by Sandtrap
Sun Apr 16, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: My kids don't care about saving
Replies: 114
Views: 11671

Re: My kids don't care about saving

OP, 1) It is too late! They are an adult now and they get to learn and make their own mistakes. If you could not teach them to save while they are young, they have to learn it elsewhere. <<Now the money tree has dried up.>> 2) How would they know? Did you tell them? <<except for a cash gift of $1k ...
by Sandtrap
Sun Apr 16, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9576

Re: Why would anyone want to buy bond funds?

Not sure other than following some prescribed methodology why anyone would want to purchase bond funds at this point in time? I could see owning individual bonds to duration but with interest rates rising as a long term secular trend, it just seems like you're asking for trouble. Fixed Income/Bonds...
by Sandtrap
Sat Apr 15, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?
Replies: 86
Views: 6511

Re: My Story so far. Totally confused! Vanguard, Charles Schwab, Merrill Edge. Managing own portfolio... or NOT?

1 Post your query in the personal "forum" format so others can help you better. 2 Read the Boglehead Wiki "getting started". 3 Read the Boglehead Wiki "booklist and suggested reading. 4 Ignore the "salesman/advisers/financial experts" that want to sell you financia...
by Sandtrap
Fri Apr 14, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: What constitutes "a lot" of money?
Replies: 81
Views: 11491

Re: What constitutes "a lot" of money?

10 million is a business starter fund
30 million is a lot
100 million is a pile
300 million is a boat load, but a mere small deposit on a shopping mall in Waikiki, Hawaii.

Amounts of money have only relative comparisons to its intended use.
All relative.
by Sandtrap
Wed Apr 12, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Which bond funds/ETFs should I add to my portfolio?
Replies: 20
Views: 1711

Re: Which bond funds/ETFs should I add to my portfolio?

BL wrote:Perhaps sell off alternatives for BND.

+1
by Sandtrap
Wed Apr 12, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Advisor
Replies: 8
Views: 1306

Re: Vanguard Advisor

I recently received my "free" plan from Vanguard per my request. It was "free" because I have a lot of assets at Vanguard. I think there's some value to what they will do for you, given your self-described "novice" status. They'll ask you to fill out a questionnaire ab...
by Sandtrap
Wed Apr 12, 2017 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Will - what is complicated?
Replies: 72
Views: 4248

Re: Will - what is complicated?

IMHO (and I am a lawyer but not a T&E lawyer), if there are minor children involved, it is complicated. Why? Because the stakes are higher. If you screw it up, your surviving children pay the price . I agree. You do not know what you don't know. Consult an experienced estate planning attorney t...
by Sandtrap
Wed Apr 12, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 8995

Re: Extreme Frugality vs Living Life - Where do you draw the line?

I would like to know the opinions of the fellow BHs on this matter. Let me give you some examples of my family 1. My Dad - Lived very frugally, owned his business, saved more than enough for retirement and died of sudden heart attack at 62 yrs of age. Mom has a lot of money but can't spend it now b...
by Sandtrap
Tue Apr 11, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable living trust via online software
Replies: 13
Views: 970

Re: Revocable living trust via online software

The true test of a well done trust/will is not when things go well, it's when thing's go horribly wrong (disputes, conflicts, etc) and/or substantial wealth is involved. Only at those times will a well done trust/will hold water. There are no "test runs".
by Sandtrap
Tue Apr 11, 2017 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 8995

Re: Extreme Frugality vs Living Life - Where do you draw the line?

So, my question is where do you draw the line and decide that is my frugality stopping me from living. Does the 'high' I get from seeing my net worth grow stop me from living life? That you get a high from that is a problem. It is a tool, a means to an end, and you have let it become an end in and ...

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