Search found 720 matches

by Sandtrap
Thu Feb 23, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Father runs an empire at age 80; not my business?
Replies: 7
Views: 1161

Re: Father runs an empire at age 80; not my business?

My wife is executor to her father's estate and it was a mess but it is near completion after 1 year. This would be a monstrous task for my father's estate. :shock: My father is about 80 and still runs a small empire of hotels and other properties in the United States. He has been remarried twice; c...
by Sandtrap
Thu Feb 23, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: Dishwasher suggestions. LG Quad Wash vs???
Replies: 30
Views: 1264

Re: Dishwasher suggestions. LG Quad Wash vs???

OP here.
Thanks everyone for your kind help.
DW and I are investigating all the models you mention.
Thanks again,
j
by Sandtrap
Thu Feb 23, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question regarding trust inheritance. Help needed.
Replies: 14
Views: 673

Re: Tax question regarding trust inheritance. Help needed.

SIL's brother is the "Executor" and fellow beneficiary of the trust. Is SIL's brother also the successor trustee of the trust? AFAIK the executor deals with the will and probate estate, while it is the successor trustee of the trust who will manage the distribution of trust assets accordi...
by Sandtrap
Thu Feb 23, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

Age 86, retired 17 years. Two funds, 65% Total Bond Market Index Fund, 35% Total Stock Market Index Fund. Both funds in IRA which is over 95% of portfolio. The 5% not in IRA is in Roth and taxable is invested in Midcap Index Fund and I bonds Withdrawal strategy- Amount determined by RMD. Withdraw f...
by Sandtrap
Thu Feb 23, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

Sandtrap: We've had the allocation for 2 years. Returns have allowed our investable assets to increase to a level that is higher than when I retired by more than $200k even though most of that time the market was moving sideways (also at a time when we have drawn down assets to allow for living exp...
by Sandtrap
Thu Feb 23, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

...I have a professor friend that is nearing 80. He also annuitized in TIAA long ago. Yes. The question of "how much to annuitize: 30%, etc." has my attention. :shock: As for SPIA's, My spouse feels more comfortable with it (very important) as a stable/reliable/consistent lifetime income ...
by Sandtrap
Thu Feb 23, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Tax question regarding trust inheritance. Help needed.
Replies: 14
Views: 673

Tax question regarding trust inheritance. Help needed.

I have a tax question regarding trust inheritance and would appreciate any actionable advice. Thanks everyone for your help. Setting: Sister in law's (SIL) father (a widow) died early 2016. Total 4 siblings. SIL's father had an revocable trust (living will/grantor trust) SIL's father had 2 homes, bo...
by Sandtrap
Thu Feb 23, 2017 9:11 am
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

Appreciate you taking the time to detail that out for me. VAIPX, TIPS, etc.
It seems Bernstein's "setup" allows a more aggressive stance on the equity side because of the larger "fixed income/less risk" side.
True?
Thanks, "Dandy".
j
by Sandtrap
Wed Feb 22, 2017 9:44 pm
Forum: Personal Consumer Issues
Topic: Drones in arizona
Replies: 29
Views: 2080

Re: Drones in arizona

Love hiking and Arizona is beautiful! Considering getting a drone for pictures. Any thoughts about the idea and what I should get? Thank you! Arizona is a state with so much wonderful public, state, BLM, and parks service land for all to enjoy. Lot's of open spaces that go on forever. One can spend...
by Sandtrap
Wed Feb 22, 2017 9:32 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads work BECAUSE its hard
Replies: 22
Views: 2339

Re: Bogleheads work BECAUSE its hard

well said
+1
by Sandtrap
Wed Feb 22, 2017 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Millionaire
Replies: 62
Views: 6352

Re: New Boglehead Millionaire

Hello, I have nobody else to share this with so I wanted to post my new financial milestone here. I officially became a self-made millionaire today at the age of 34. That amount represents what I have invested in stocks. I am single and own no real estate. It feels surreal writing that and I feel n...
by Sandtrap
Wed Feb 22, 2017 9:24 pm
Forum: Investing - Theory, News & General
Topic: A note of caution from Robert Shiller
Replies: 66
Views: 9529

Re: A note of caution from Robert Shiller

Perhaps a good reason to revisit "dollar cost averaging" vs "lump sum". Vanguard did a major study of that and found that lump sum investing beat DCA 2/3 of the time under a wide array of time frames and scenarios. I agree. Read that one I think. . . . . . But what if right now ...
by Sandtrap
Wed Feb 22, 2017 9:18 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

Bogle 2 fund. Ferri's 30/70 "center of gravity" allocation. 30% VTSAX (total stock index)/70% VBILX (intermediate term bond index). 65 years old. Not taking social security. Withdrawal phase. No pension. Wife works. Retired 2 years. For withdrawals, follow Taylor: Taylor Larimore Posted: ...
by Sandtrap
Wed Feb 22, 2017 9:04 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

Okay. I can't remember if Bernstein considered "Funds" to be "safe assets with no loss of principal". Do you consider "Short Term Bond Funds and Intermediate Term Bond Funds to be relatively safe assets with no loss of principal? This was the only question I saw. I believe ...
by Sandtrap
Wed Feb 22, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Open vanguard CD Order
Replies: 25
Views: 1171

Re: Open vanguard CD Order

Is a brokerage purchased CD as secure in principal as one bought from a bank? Yes. There are a few things to watch for, however. Make 100% sure that you are buying the "brokered" CD through a reputable "broker". In the past, some alleged "brokers" have sold misleading ...
by Sandtrap
Wed Feb 22, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 40
Views: 5207

Re: anguard opens special offices for $1 million clients

Livesoft, You misunderstood me. The linked article says that vanguard will have three offices where flagshipers can meet face to face with their reps. However, those three locations a are too far from the vast majority of their FS customers. I heard from a FS rep in Scottsdale that the vast vast ma...
by Sandtrap
Wed Feb 22, 2017 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Open vanguard CD Order
Replies: 25
Views: 1171

Re: Open vanguard CD Order

Why would one buy a brokered CD vs directly from the bank? 1. Convenience: You can hold CDs in the same brokerage account as your other investments. This is especially nice for IRAs, where you'd otherwise need to do custodian-to-custodian transfers when changing banks to get a good interest rate. 2...
by Sandtrap
Wed Feb 22, 2017 7:52 pm
Forum: Investing - Theory, News & General
Topic: A note of caution from Robert Shiller
Replies: 66
Views: 9529

Re: A note of caution from Robert Shiller

Any evidence or inference of "spin" in this article? Regardless. Perhaps a good reason to revisit "dollar cost averaging" vs "lump sum". Bernstein vs. . . . ? And, and excellent reason to stick to John Bogle "Basics" and stay the course. Can't remember who sai...
by Sandtrap
Wed Feb 22, 2017 7:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 40
Views: 5207

Re: anguard opens special offices for $1 million clients

Van wrote:I'm Flagship and meet the 1 M qualification metric, but I've heard nothing from Vanguard about this service. What about others out there?

Flagship Select. Have heard nothing about it. Scottsdale is not far away from me. Same poor customer service online compared to Schwab, though.
by Sandtrap
Wed Feb 22, 2017 7:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 40
Views: 5207

Re: anguard opens special offices for $1 million clients

Livesoft, You misunderstood me. The linked article says that vanguard will have three offices where flagshipers can meet face to face with their reps. However, those three locations a are too far from the vast majority of their FS customers. I heard from a FS rep in Scottsdale that the vast vast ma...
by Sandtrap
Wed Feb 22, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Open vanguard CD Order
Replies: 25
Views: 1171

Re: Open vanguard CD Order

Why would one buy a brokered CD vs directly from the bank? 1. Convenience: You can hold CDs in the same brokerage account as your other investments. This is especially nice for IRAs, where you'd otherwise need to do custodian-to-custodian transfers when changing banks to get a good interest rate. 2...
by Sandtrap
Wed Feb 22, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Open vanguard CD Order
Replies: 25
Views: 1171

Re: Open vanguard CD Order

Why would one buy a brokered CD vs directly from the bank?
by Sandtrap
Wed Feb 22, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 40
Views: 5207

Re: anguard opens special offices for $1 million clients

Does this mean I will be able to walk into a physical Vanguard office in Phoenix just as I do Schwab in Scottsdale?
by Sandtrap
Wed Feb 22, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Millionaire
Replies: 62
Views: 6352

Re: New Boglehead Millionaire

:sharebeer
Okay.
Now you're commited. :wink:
No longer a newbie, you are in a position to "teach" by example.

A brief list of how you did it is in order.
1. Step one?
2. Step two?
3. . . ?
4. . . . . :moneybag
by Sandtrap
Wed Feb 22, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Dishwasher suggestions. LG Quad Wash vs???
Replies: 30
Views: 1264

Re: Dishwasher suggestions. LG Quad Wash vs???

FraggleRock wrote:CR says: Bosch is most reliable brand (10% repair rate). Samsung is the least (23%).
CR's highest rated dishwasher is KitchenAidKDTM354DSS

Huge thanks.
This is what I was also looking for.
by Sandtrap
Wed Feb 22, 2017 12:42 pm
Forum: Personal Consumer Issues
Topic: Getting the snip: Should it be me or my partner?
Replies: 13
Views: 1390

Re: Getting the snip: Should it be me or my partner?

This is a 1/99 allocation decision for risk and value as well as long term vs short term recovery from a black swan event.
I would strategize to be the least invasive to the portfolio as possible to accomplish the same outcome.
by Sandtrap
Wed Feb 22, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

You have Balanced Index at 60/40 internally and Wellesley 35/65 internally. Are you using the TIPS funds and Bond funds to tilt it to your allocation? Yes. As the normal advice is to have mostly equites in your taxable account I needed my TIRA to have a more modest equity allocation. I don't care f...
by Sandtrap
Wed Feb 22, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 78
Views: 5382

Re: For people who think the market is going to crash, where along the continuum are we?

I was a little boy and my business entrepeneur mom drove me to the top of a mountain where we could look out over the city. She pointed out each "tower crane" (high rise construction project) over the skyline and knew every project, every developer, every owner, and which ones would win o...
by Sandtrap
Wed Feb 22, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

1.Withdrawal Phase (how long into retirement)? I will be in the withdrawal phase as far as RMD next year at age 70. 10 years into retirement . 2. Number of funds? Allocation? Or AA ("age in bonds", 50/50, etc, Other?) TIRA has 6 funds and a CD ladder. That account is approximately 30/70 v...
by Sandtrap
Wed Feb 22, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: Dishwasher suggestions. LG Quad Wash vs???
Replies: 30
Views: 1264

Re: Dishwasher suggestions. LG Quad Wash vs???

I believe Samsung and Miele are the only two that offer a feature that automatically cracks open the dishwasher after a cycle. We do that manually after the cycle and that causes us to only run it when we're home. I'd love to run it when I leave for work and have nice, dry dishes when I get home. I...
by Sandtrap
Wed Feb 22, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 78
Views: 5382

Re: For people who think the market is going to crash, where along the continuum are we?

Sandtrap, you provided a very interesting story. This is why you keep your eyes and ears open. Booms that seem like they will go one forever and buying panics that set in when people fear that prices will zoom beyond their ability to pay only plant the seeds of the next bust. +1 I was trying to con...
by Sandtrap
Wed Feb 22, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Dishwasher suggestions. LG Quad Wash vs???
Replies: 30
Views: 1264

Re: Dishwasher suggestions. LG Quad Wash vs???

We have a Kitchenaid dishwasher with the adjustable top rack and although it has performed well, I thought I would offer some generalized advice. While the adjustable top rack is nice for washing taller items on the lower rack and then lowering it so we can wash long stemmed wine glasses and such i...
by Sandtrap
Wed Feb 22, 2017 10:04 am
Forum: Personal Consumer Issues
Topic: Dishwasher suggestions. LG Quad Wash vs???
Replies: 30
Views: 1264

Re: Dishwasher suggestions. LG Quad Wash vs???

Our new house came with GE Profile Cafe series appliances, which I believe is their top of the line group. We absolutely hate the dishwasher. The top rack only slides out half way making loading of the back half difficult. Things don't get as clean. And it had to have 4 service calls (wasn't draini...
by Sandtrap
Wed Feb 22, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 78
Views: 5382

Re: For people who think the market is going to crash, where along the continuum are we?

according to these charts: https://www.advisorperspectives.com/dshort/updates/2017/02/01/the-q-ratio-and-market-valuation-january-update we are somewhere in the mid-90's. so plenty of room. and no reason to believe the overvaluation won't persist longer and harder this time. why? the fed is not goi...
by Sandtrap
Wed Feb 22, 2017 12:40 am
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 78
Views: 5382

Re: For people who think the market is going to crash, where along the continuum are we?

I'm a total "newbie" to financial investment things. But I can perhaps look at it from the viewpoint of someone in Real Estate development, retired. Right now there's the tail end of a real estate bubble of sorts. But not so much as a "pop" that's coming but more like everything ...
by Sandtrap
Tue Feb 21, 2017 9:39 pm
Forum: Personal Consumer Issues
Topic: Dishwasher suggestions. LG Quad Wash vs???
Replies: 30
Views: 1264

Dishwasher suggestions. LG Quad Wash vs???

Our home has never had a dishwasher (4 years since we bought it). We've used the area to put the rubbish can and such. I've always handwashed the dishes since forever so I know nothing about dishwashers. DW cooks. I clean. Our kitchen is all stainless, on the big side with an island, sort of high &q...
by Sandtrap
Tue Feb 21, 2017 5:45 pm
Forum: Personal Consumer Issues
Topic: PC replacement time
Replies: 30
Views: 2384

Re: PC replacement time

I think some respondents have missed the first part. The current PC is non-functional at this time. It's not a question of replacing it because I want something better. I would be satisfied to have this one with maybe a memory upgrade. However, unless it's repaired then upgrades aren't in the cards...
by Sandtrap
Tue Feb 21, 2017 5:25 pm
Forum: Personal Consumer Issues
Topic: Stand Up Desk
Replies: 29
Views: 1471

Re: Stand Up Desk

Bad back, bad neck, knees, etc. Tried a stand up desk (feet hurt after awhile), "Balanz" chair (killed my knees), "ball chair with backrest" (neck ache), and a million other chairs. Back in the day my office also had a blueprint table with a crank height and a tall swivel stool w...
by Sandtrap
Tue Feb 21, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall, investing, insurance?
Replies: 39
Views: 1690

Re: Windfall, investing, insurance?

A little on the side for emergencies.
Pay off as much of your debt as possible with the rest, credit cards, loans, mortgage, etc.
Debt is a ball and chain around your leg. IMHO. AFAIK.
by Sandtrap
Tue Feb 21, 2017 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 77
Views: 4846

Re: Why own individual stocks?

I do not own individual stocks because I understand that Today's "Berkshire", "Apple", "Wallmart" has an equal chance of becoming Tommorow's "Woolworths", "Radio Shack", "PanAm", "Enron". We hope not! Especially since we own shar...
by Sandtrap
Tue Feb 21, 2017 4:35 pm
Forum: Investing - Theory, News & General
Topic: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?
Replies: 85
Views: 5681

Re: Retiree Accumulation/Withdrawal Phase -- How many funds do you have? Allocation? Withdrawal strategy?

1. Withdrawal phase, 1.8 years in retirement. Ages 61/60. 2. Allocation is 60/40 (15% of equities are international) 3. Several bond funds (AGG, FSITX, PIMIX, BCOIX, VWIAX, VBILX, VBIRX, VFSTX, VCSH); ~30 individual stocks (b/c of a special tax situation); 2-yr CD ladder; a dash of REIT (VNQ); and ...
by Sandtrap
Tue Feb 21, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 77
Views: 4846

Re: Why own individual stocks?

I would definitely invest in shares of the "ArticPineappleCorporation Retirement Income Index Fund" (APCX). :shock:
by Sandtrap
Mon Feb 20, 2017 11:04 pm
Forum: Personal Consumer Issues
Topic: Terrible negotiator - need help with words to use [Buying a car]
Replies: 94
Views: 5968

Re: Terrible negotiator - need help with words to use [Buying a car]

Side advice. Create a google voice number and email account just for this purpose. You will receive phone calls and junk mail like no other from car salesmen / women. +1 I dealt with several online car shopper sites, aarp, cosco, etc, etc, and also 15 dealerships. It took years for the phone calls ...
by Sandtrap
Mon Feb 20, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Once having achieved 30X -- share your strategy?
Replies: 42
Views: 3941

Re: Once having achieved 30X -- share your strategy?

. . . . . . . it is much wiser to never let lifestyle creep happen. I realize I am an outlier (not good or bad, just different). It doesn't really require impressive discipline. Mostly it is a matter of being frugal and not material/wealth/consumption oriented. Most of my free time is with science/...
by Sandtrap
Mon Feb 20, 2017 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: How are prices determined?
Replies: 18
Views: 766

Re: How are prices determined?

And, the "fund" generates lots and lots of excess cash if there are tons of folks buying high and selling low, and thus, the "fund" can grow exponentially (Billions) based on the original IPO of, for example, 1 Billion. If so, it seems similar to paper money not backed by equiv....

Go to advanced search