Search found 930 matches

by Sandtrap
Thu Mar 23, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: What criteria warrants a need for Living Revocable Trust?
Replies: 20
Views: 1085

Re: What criteria warrants a need for Living Revocable Trust?

Let me tell you my deciding reason for establishing a living trust: peace of mind. I have substantial assets, children ages 20 and 21 and my spouse. After long and difficult experience, I have realized that they are all hopeless regarding money, managing it, investing it, budgeting it, you name it....
by Sandtrap
Thu Mar 23, 2017 9:50 pm
Forum: Investing - Theory, News & General
Topic: Why nobody talk about cash allocation ?
Replies: 15
Views: 1381

Re: Why nobody talk about cash allocation ?

Depends on total assets. If one had 50X expenses and retired then at what point of cash allocation would fall under a liability matching scenario?. 1 mil in money market, another 1 mil in CD's and treasuries or TIPS, and so forth?. IMHO Regardless of opportunity cost, Cash adds a lot to the sleep fa...
by Sandtrap
Thu Mar 23, 2017 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Jumping back in the market
Replies: 5
Views: 602

Re: Jumping back in the market

Dollar Cost Average or Lump Sum invest. . . or somewhere in between to fit your personal comfort zone. Sleep Factor is important. Have and am doing the same thing as R/E is a sellers market right now.
by Sandtrap
Thu Mar 23, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: Honda Transmission Service
Replies: 8
Views: 370

Re: Honda Transmission Service

I have them drain & fill rather than flush...... +1 Watch the consumer reports and other youtube videos on "transmission flush". Have a reputable transmission shop or dealer drain and fill, replace filters as needed. Like motor oil, transmission fluid breaks down. Replacement is better.
by Sandtrap
Thu Mar 23, 2017 9:34 pm
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 60
Views: 2911

Re: A SUV for towing a Travel Trailer

Thanks "spammagnet". for the "escape link".
I've been shopping fiberglass trailers myself. Tandem axle preferably. Tow vehicle is a full size gas eating truck with 12000 lb limit.
Heard good things about the Escape fiberglass RV's. OP's going to have a great time. :happy
by Sandtrap
Thu Mar 23, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Your Experiences with Risk Tolerance and having smaller versus larger account balances
Replies: 11
Views: 829

Re: Your Experiences with Risk Tolerance and having smaller versus larger account balances

Based on my limited experiences. The difference of risk tolerance and account balances is relevant to one's financial and career dynamics. Person one: employee, pension savings, income stream, good company whether private or public employment -- therefore somewhat reliable income stream and ability ...
by Sandtrap
Thu Mar 23, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Pretirement
Replies: 14
Views: 1333

Re: Pretirement

For myself, the "retirement transition" took about 7 years. Cutting back on work, moving HCOL to LCOL, selling assets (self employed business and holdings), investing in a new area, and many other things to juggle. I ended up saving money and was able to take advantage of the housing marke...
by Sandtrap
Thu Mar 23, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: whole house water filter --your thoughts?
Replies: 15
Views: 1193

Re: whole house water filter --your thoughts?

We had a high end reverse osmosis setup under the sink in our last home which was on the city water system. Now a Berkey does fine. A lot simpler. Our water is well water and very pure.
by Sandtrap
Thu Mar 23, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Used German Luxury vs New Japanese
Replies: 89
Views: 7052

Re: Used German Luxury vs New Japanese

Lexus :happy
by Sandtrap
Thu Mar 23, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation anxiety
Replies: 27
Views: 1114

Re: Asset allocation anxiety

NibbanaBanana wrote:Vanguard Balanced Index fund. The worst year, lost 22% during the great financial crisis and regained everything lost in just about a year. Other than that didn't ever have a losing year in the last ten. Made 6% since inception in 2000. Hard to argue with that.

+1
by Sandtrap
Thu Mar 23, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 100
Views: 3975

Re: Vehicles as a percentage of net worth

I'm really impressed by you guys that drive cars beyond year 10. Impressive. From year 10 until it dies I assume there is virtually no depreciation, just repairs. I buy at year 3-4, sell at year 8-9, usually Hondas. I account for an average depreciation of $2-$2.5 grand a year over the course of th...
by Sandtrap
Thu Mar 23, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 82
Views: 5740

Re: The $1,124,176 Car.

Thanks Taylor, for another excellent post.
. . . . and reminding me how many :moneybag millions I'd have if I didn't buy a number of cars when I was much much younger. . . . '65 Mustang Fastback, Hemi Roadrunner, Austin Healley MkIII 3000, . . . . . . . :(
by Sandtrap
Thu Mar 23, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 60
Views: 2911

Re: A SUV for towing a Travel Trailer

Also consider what happens when the tow vehicle has a short wheelbase.
Of your selection. 4Runner. Not ideal but certainly a wonderful vehicle. In 4wd, added fun when not towing. An exploration vehicle :D
Will a Tacoma pickup fit in your garage?
by Sandtrap
Thu Mar 23, 2017 9:16 am
Forum: Investing - Help with Personal Investments
Topic: International Allocation
Replies: 16
Views: 503

Re: International Allocation

I've consulted with VPAS services 2x so far as a Flagship Select client. Their recommendations were similar to yours on the lst consult, then changed to a proportional International allocation but with an overall 50/50 allocation as I suggested on the 2nd consult. I also researched the Target Retire...
by Sandtrap
Thu Mar 23, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Kitchen island
Replies: 43
Views: 2032

Re: Kitchen island

40" between the island and the front of the frig. If it is a big frig with sliding freezer drawers and so forth then how much room is there left when the frig doors are wide open and the deepest drawer slid out? Hard to put groceries into the frig with grocery bags on the floor if there's not e...
by Sandtrap
Wed Mar 22, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 100
Views: 3975

Re: Vehicles as a percentage of net worth

For us, cars are tools. Best value and longevity per dollar spent to own and maintain. No different than the tractor, the riding mower, the . . . . .
by Sandtrap
Wed Mar 22, 2017 7:38 pm
Forum: Personal Consumer Issues
Topic: Kitchen island
Replies: 43
Views: 2032

Re: Kitchen island

min 44" walkway around island for me. More the better for appliance moving.
by Sandtrap
Wed Mar 22, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: What criteria warrants a need for Living Revocable Trust?
Replies: 20
Views: 1085

Re: What criteria warrants a need for Living Revocable Trust?

1 Substantial Wealth 2 Blended families. 3 Children 4 Human dynamics 5 Special needs 6 Substantial Wealth Reading: "Beyond the Grave", by Candor. (If anything, for family dynamics and interplay) Edited: Correction for personal relevance and personal viewpoint and multiple personal experien...
by Sandtrap
Wed Mar 22, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 60
Views: 2911

Re: A SUV for towing a Travel Trailer

The OP has a potential trailer that will be fully loaded at 3,200 # , he wants a suitable tow vehicle with at least a 5,000 # capacity. Sounds very logical and safe to me. No need for huge vehicles if the two vehicle is suet up correctly and the trailer and tongue weight is correct. I have a Ford D...
by Sandtrap
Tue Mar 21, 2017 5:43 pm
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 60
Views: 2911

Re: A SUV for towing a Travel Trailer

Here's some perspective for towing ease and safety. I live in high mountain cattle country. The most common tow vehicle whether for 5th wheel, RV, cattle trailer, and everything else, is a 1 ton dually pickup diesel with a Cummins or Duramax engine. Why? Weight, power, stability, safety, reliability...
by Sandtrap
Tue Mar 21, 2017 12:39 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust - Death of grantor/trustee
Replies: 18
Views: 1218

Re: Living Trust - Death of grantor/trustee

I have a grantor trust setup at Vanguard. Not dead yet though. AFAIK the transition is fairly seamless to successor trustee. The account setup was more involved than a single or joint account but worth it.
by Sandtrap
Tue Mar 21, 2017 12:34 am
Forum: Personal Finance (Not Investing)
Topic: My son wants to move to Hong Kong
Replies: 35
Views: 4387

Re: My son wants to move to Hong Kong

I am from Hong Kong and this is a bad idea. In general, no Chinese family who sends their daughter to the US for university is going to openly welcome a foreigner into their family who isn't clear on what they want to do with their life. There may be exception such as if you are extremely wealthy a...
by Sandtrap
Mon Mar 20, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 60
Views: 2911

Re: A SUV for towing a Travel Trailer

Highlander .. no frame/unibody .. . . light . . . comfy when not towing
4runner . . . frame, solid platform that tow hitch is attached to .. . heavier.. . stable when towing . . . beefier when not towing
Toyota reliability and value.
by Sandtrap
Mon Mar 20, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: My son wants to move to Hong Kong
Replies: 35
Views: 4387

Re: My son wants to move to Hong Kong

There may be cultural dynamics and implications that cannot be quantified. Either insignificant or insurmountable -- far beyond Visa and monetary or employment considerations. Good luck.
by Sandtrap
Mon Mar 20, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 60
Views: 2911

Re: A SUV for towing a Travel Trailer

Toyota Fourunner at a minimum. Truck frame. Based on Tacoma. rock solid. Tow vehicle heavier than load adds stability. Truck frame with class II hitch to frame. Avoid unibody SUV. Bigger is better. Tundra. Landcruiser. F150. or Bigger. IMHO based on decades of construction towing large loads. Instal...
by Sandtrap
Mon Mar 20, 2017 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended emergency fund for middle class households: $13,800
Replies: 64
Views: 6228

Re: Recommended emergency fund for middle class households: $13,800

Grt2bOutdoors wrote:
RoadHouseFan wrote:36+ months of expenses


+1

++++1 or more = sleep factor.. :happy
by Sandtrap
Sun Mar 19, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard
Replies: 54
Views: 10351

Re: Schwab vs Vanguard

Schwab is nice and cheap, but only on Vanguard will you find the Admiral index funds free, which are nicer to use than ETFs. Was just browsing and reading these threads - What do you mean -- Admiral index funds free - ? I meant without trading fees, not counting the ERs which are the same as the ET...
by Sandtrap
Sun Mar 19, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing tax burden in Arizona
Replies: 7
Views: 1333

Re: Reducing tax burden in Arizona

where in arizona?
by Sandtrap
Sun Mar 19, 2017 8:47 pm
Forum: Personal Consumer Issues
Topic: Best place to get eyeglasses / no vision insurance
Replies: 43
Views: 2776

Re: Best place to get eyeglasses / no vision insurance

In terms of online sources, my experience has been it depends on two things: 1) The complexity of the prescription ; and 2) What the promotions happen to be. The last time I went that route I used $39 Glasses , not Zenni . For the progressive prescription I had, and the coating I needed, after a co...
by Sandtrap
Sun Mar 19, 2017 8:39 pm
Forum: Personal Consumer Issues
Topic: Rechargeable AA & AAA Batteries:NiMH or Li-Ion?
Replies: 25
Views: 1167

Re: Rechargeable AA & AAA Batteries:NiMH or Li-Ion?

https://www.amazon.com/gp/product/B00JHKSMJU/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 heres some info on the panasonic eneloop batteries they can go an amazing number of cycles and power output is consistent which is why we use them be sure to only use the chargers that were made for them we ...
by Sandtrap
Sun Mar 19, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard
Replies: 54
Views: 10351

Re: Schwab vs Vanguard

Schwab - checking, basic low ER funds, awesome customer service, physical locations.
Vanguard - wide array of low ER funds.
IMHO
by Sandtrap
Sun Mar 19, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: What is ideal master bedroom size?
Replies: 30
Views: 2197

Re: What is ideal master bedroom size?

12x10 works
30x40 is nicer
by Sandtrap
Sat Mar 18, 2017 9:18 pm
Forum: Personal Consumer Issues
Topic: Looking for a snazzy car
Replies: 79
Views: 4088

Re: Looking for a snazzy car

sunny_socal wrote:Mazda Miata

/thread

+1
2017
by Sandtrap
Sat Mar 18, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13609

Re: "Millionaire Next Door" Net Worth Formula

According to "Millionaire Next Door" Net Worth Formula I am an underachiever as a retiree. According to Bernstein I am +50X as a retiree.
So not very relevant IMHO.
But the book itself is a very good read.
by Sandtrap
Sat Mar 18, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 37
Views: 3229

Re: Divesting to heirs. When and how quickly.

There is an excellent book on trusts that is often mentioned on the forum: "Beyond the Grave". With case studies.
by Sandtrap
Sat Mar 18, 2017 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 37
Views: 3229

Re: Divesting to heirs. When and how quickly.

My personal experience: suggest In trust for children and grandchildren, and to be grandchildren, per need and merit, based on family dynamics, individual responsibilities, etc. Sub trust for education fund for each child's continuing education and children's education. Once constructed everything's...
by Sandtrap
Sat Mar 18, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisory Service
Replies: 6
Views: 660

Re: Vanguard Advisory Service

Perhaps depends on the complexity of your portfolio and if it involves substantial wealth. My experience with VPAS consultation, twice, has been a "drive through window" "one size fits all" 4 fund portfolio not unlike I could get with a Target Retirement Fund, etc. Also, in both ...
by Sandtrap
Fri Mar 17, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: (Updated Again- Happy Ending) Issue With Contractor. What to do?
Replies: 53
Views: 4649

Re: (Updated)Issue With Contractor. What to do?

I've had success with a complaint to the better business bureau. Really got the ball rolling with 2 different companies in completely different fields. I too have had a 100% success rate every time I've dealt with my state's BBB. It is a respected organization and bad reviews on their website are g...
by Sandtrap
Fri Mar 17, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 58
Views: 5472

Re: Endless Job Interviews (with same company)

Scenarios: 1 They did not call you for another interview. Turned you down. Zero options after that. 2 They call you in for another interview. Costs you nothing. May pay off big time and worth the effort. No way to know unless you go. 3 Turn down the interview. Same as #1. Zero options. 4 Complain an...
by Sandtrap
Fri Mar 17, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: (Updated Again- Happy Ending) Issue With Contractor. What to do?
Replies: 53
Views: 4649

Re: Issue With Contractor. What to do?

There may be a certain point of trying to "chase" down this "contractor/handyman" for results that it would be better to "cut your losses" rather than get more invested in his work. If he will not install the HVAC ducts as part of the original work, (no charge), then it...
by Sandtrap
Thu Mar 16, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Suspicious organic products
Replies: 96
Views: 4725

Re: Suspicious organic products

Perhaps a holistic bigger picture is useful in that one would focus on the overall quality and balance of what one consumes. Diversified in AAA quality assets with an allocation that best fits one's general health, age, lifestyle, and individual tolerances -- with the goal of longevity and quality o...
by Sandtrap
Thu Mar 16, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: How to know if power is cut to smoke detector
Replies: 19
Views: 1147

Re: How to know if power is cut to smoke detector

Voltage detector to check if power is cut. Cut power.(breaker) Change wiring harness. Install. Breaker back on. Test new smoke detector. Also, if breaker to light switch is off and lights do not work. Check light on existing detector to see if it goes off (green/red) led. Have someone watch it go ou...
by Sandtrap
Tue Mar 14, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Scottsdale Real Estate Market
Replies: 9
Views: 1164

Re: Scottsdale Real Estate Market

North Scottsdale, E. Horseshoe Canyon Drive. Very exclusive feeling. Stable. Very private canyon. Acreage. Equestrian friendly. I know several folks who live in that area with "winter homes" and it has a "safe" feeling about it. DW and I have also shopped for a winter home in tha...
by Sandtrap
Tue Mar 14, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: Do real estate prices ever stabilize? The media claim they will.
Replies: 11
Views: 1301

Re: Do real estate prices ever stabilize? The media claim they will.

Like finding a good used car, there is always a good buy to be had in R/E with all cash in hand. IMHO and personal experience, whether bank auction, foreclosure, or single sale, one just has to have staying power, be ready, ever watchful, fully aware of one's market, and buy very very wisely.
by Sandtrap
Tue Mar 14, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie help needed for online CD and Savings rates and strategies?
Replies: 6
Views: 383

Re: Newbie help needed for online CD and Savings rates and strategies?

sport wrote:Have you considered brokered CDs? The rates may not be the highest. However, they are competitive, and the "hoops" should be minimal.

Are there disadvantages to Brokered CD's?
thanks.
by Sandtrap
Tue Mar 14, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum
Replies: 17
Views: 2519

Re: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum

David Jay wrote:Congrats!

Isn't it cool to have a place like BH where we can celebrate each other's achievements. I don't have anyone beyond my DW with whom I could share news like that.

So true, David Jay. . . so true.

Congratulations.
Not an easy achievement by any means.
:sharebeer
by Sandtrap
Tue Mar 14, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate investing the Boglehead way
Replies: 32
Views: 5921

Re: Real estate investing the Boglehead way

Thank you for posting this interesting question. IMHO: The "Bogleheads" way to invest in R/E is with the same approach as "Bogle Portfolio". Conservative. Well researched. Simple. Set by step. And, with long term gains in mind vs "get rich quick n' easy with zero money anybo...
by Sandtrap
Tue Mar 14, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: How many pairs of jeans do you own?
Replies: 64
Views: 3523

Re: How many pairs of jeans do you own?

Per suggested format: My situation: YMMV. 1 I overspend on shoes and work boots I don't end getting full use of because they don't fit right. (big wide feet). Actionable solution: try them on as DW reminds and return them when they don't fit. 2 I overspend on jeans I don't end up getting full use of...
by Sandtrap
Tue Mar 14, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Newbie help needed for online CD and Savings rates and strategies?
Replies: 6
Views: 383

Re: Newbie help needed for online CD and Savings rates and strategies?

The best site is Ken Tumin's blog. https://www.depositaccounts.com/blog/ Twice a month he gives a summary of the best rates at each length plus how easy it is to obtain (IE restricted to a short membership list or geographical location) Thanks, Rob. I have bookmarked it and will research it. Mahalo.
by Sandtrap
Tue Mar 14, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Newbie help needed for online CD and Savings rates and strategies?
Replies: 6
Views: 383

Newbie help needed for online CD and Savings rates and strategies?

I am a new retiree senior exploring the world of online and "brick n mortar" banking for money market, savings, and CD rates. So far: Bankaholic.com BankRate.com Bestrates.com Nerdwallet.com (links) I've found that many of the online accounts to open CD's, etc, having a lot more "hoop...

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