Search found 706 matches

by Swampy
Sun Aug 20, 2017 6:18 am
Forum: Personal Consumer Issues
Topic: Soliciting personal recommendations for a Barcelona trip
Replies: 20
Views: 1887

Re: Soliciting personal recommendations for a Barcelona trip

No plans to skip Barcelona. If anything, we're going to spend more time in the countryside and
rural-seaside hamlets than the city itself. Lodging may actually drop in price after what happened.
by Swampy
Thu Aug 17, 2017 1:59 pm
Forum: Personal Consumer Issues
Topic: Soliciting personal recommendations for a Barcelona trip
Replies: 20
Views: 1887

Re: Soliciting personal recommendations for a Barcelona trip

Any further ideas - other than to be safe? Being safe is always recommended, in Barcelona and elsewhere. I am watching the current news with horror. On Sunday, I walked at the exactly the intersection where the van has stopped! However, I also keep the perspective: while I was in Barcelona there wa...
by Swampy
Thu Aug 17, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: Soliciting personal recommendations for a Barcelona trip
Replies: 20
Views: 1887

Re: Soliciting personal recommendations for a Barcelona trip

Any further ideas - other than to be safe?
by Swampy
Thu Aug 17, 2017 7:12 am
Forum: Investing - Help with Personal Investments
Topic: Beam 2-4% APY
Replies: 8
Views: 842

Re: Beam 2-4% APY

Beam is nowhere to be found on the FDIC website.
The Beam website is secretive and the whole thing smells like a rotting fish to me.
Caveat depositor.

"I am not so much concerned with the return on capital as I am with the return of capital."
by Swampy
Mon Aug 14, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: Soliciting personal recommendations for a Barcelona trip
Replies: 20
Views: 1887

Re: Soliciting personal recommendations for a European trip

Great recommendations so far. Has anyone visited the national parks in this area, specifically Vall del Madriu or either of the Parc Naturel des Pyrenees? We're planning on spending at least two nights in each of multiple locations along the way with a longer stay in Barcelona at the end of our stay...
by Swampy
Sun Aug 13, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: Soliciting personal recommendations for a Barcelona trip
Replies: 20
Views: 1887

Soliciting personal recommendations for a Barcelona trip

Planning independent travel to Barcelona, then the Pyrenees including Andorra, Bayonne, Lourdes, Carcassonne, Perpignan and points in between this fall. Does anyone have personal recommendations of places they enjoyed or places to avoid as regards to lodging, dining and historical sights on and off ...
by Swampy
Sat Jul 22, 2017 5:00 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?

Consider an ABLE trust if available in your state. Google it. Here is a link to one party's "Qualified Expenses" page: m We have an 'adult' child who will need lifetime care, potentially another 60 years. Neither my wife nor I have another 60 years left in us. We have established a special...
by Swampy
Sun Jul 02, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Beginner needs sanity check moving a lot of cash to market.
Replies: 58
Views: 4880

Re: Beginner needs sanity check moving a lot of cash to market.

Cash in Bank Savings/Checking Accounts: $434K Debts/Loans: Home Principle left ~$400K. Equity ~$100K+. Interest rate - 3.875%, Payments are $2,750 / mo Car 1: Principle left $7,500, $380/mo payment Car 2: Principle left $16,000 $408/mo payment If it was me: 1) I'd pay off BOTH auto loans, freeing u...
by Swampy
Tue Jun 06, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Traveling for 3 weeks
Replies: 17
Views: 1680

Re: Traveling for 3 weeks

Three weeks is not that long, really - you don't have to worry about covering the toilets. Make sure you've paid any bills that may come in during your absence in advance before leaving which is easy with electronic bill pay. Make sure you have at least two different ATM/debit cards to access cash a...
by Swampy
Thu May 25, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Air Conditioning unit / fix or replace
Replies: 14
Views: 1318

Re: Air Conditioning unit / fix or replace

As a prospective buyer, I'd insist on a completely new system for anything that is over 10-12 years old. Compressor failure at 17 years means the system is DOA. I'd do it right as a seller and not 'cheap out.' Buying a place with a makeshift patch job (compressor only) is just looking for trouble i...
by Swampy
Sat Apr 29, 2017 6:19 am
Forum: Investing - Theory, News & General
Topic: The Importance of “Cash on Hand” to Life Satisfaction
Replies: 29
Views: 3744

Re: The Importance of “Cash on Hand” to Life Satisfaction

...having a buffer of money available in checking and savings accounts confers a sense of financial security, which in turn is associated with greater life satisfaction. I retired in 2015 and, by design, keep three years' living expenses in cash. This absolutely "confers a sense of financial s...
by Swampy
Fri Apr 28, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: The Importance of “Cash on Hand” to Life Satisfaction
Replies: 29
Views: 3744

The Importance of “Cash on Hand” to Life Satisfaction

This is an interesting article I came across. m An interesting excerpt toward the end is worth noting: Our results suggest that having a buffer of money available in checking and savings accounts confers a sense of financial security, which in turn is associated with greater life satisfaction. The s...
by Swampy
Thu Apr 27, 2017 6:58 am
Forum: Personal Consumer Issues
Topic: Boglehead Ideas for College Graduation Gifts
Replies: 14
Views: 1333

Boglehead Ideas for College Graduation Gifts

Looking for Bogleheads inspired ideas of worthwhile gifting to college graduates. Feel free to include your rationale for the gift and what you would consider an over the top gift or one that might have unintended consequences.
by Swampy
Tue Apr 25, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 81
Views: 9014

Re: Helping adult children

Son 1 has a lot of expenses, particularly with the children's many activities. We have been helping them with the many expenses related to activities as well as dental expenses and major home repairs... My question to you is "Has Son 1 asked for help?" I suggest you read "The Million...
by Swampy
Tue Apr 25, 2017 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 81
Views: 9014

Re: Helping adult children

Son 1 has a lot of expenses, particularly with the children's many activities. We have been helping them with the many expenses related to activities as well as dental expenses and major home repairs... My question to you is "Has Son 1 asked for help?" I suggest you read "The Million...
by Swampy
Sat Feb 25, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: Oscillating withdrawal rate - OWR
Replies: 10
Views: 970

Re: Oscillating withdrawal rate - OWR

Swampy, we may have acted similar to you. Isn't OWR another name for variable withdrawal rate? My 18 year withdrawal rate has certainly oscillated, but that was expected, so planned for. For me, planning for a big vacation in Europe or Asia, new autos, or buying and maintaining a lake cottage (all ...
by Swampy
Sat Feb 25, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Oscillating withdrawal rate - OWR
Replies: 10
Views: 970

Re: Oscillating withdrawal rate - OWR

Why couldn't the FI or retired individual take advantage of this and vary the annual withdrawal rate, depending on his health, interests and portfolio ... I addressed this at the beginning. I don't suggest being lavish when adverse economic/markets dominate. The OWR can be as simple as annual withd...
by Swampy
Sat Feb 25, 2017 8:16 am
Forum: Investing - Theory, News & General
Topic: Oscillating withdrawal rate - OWR
Replies: 10
Views: 970

Oscillating withdrawal rate - OWR

Essentially it's a way of using variation of the withdrawal rate to get some flexibility during FI and/or retirement. Suppose someone has achieved FI and has a portfolio with 20x, 25x or more in annual expenses saved to sustain them during their halcyon years. Now suppose that with or without the ad...
by Swampy
Thu Feb 23, 2017 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Churchill Management
Replies: 7
Views: 807

Re: Churchill Management

I can only relate my personal experience with Churchill Management ( one of the financial advisors I have used in the past ). RUN! The money I have saved from leaving 'advisors' (with their hands in my pocket) and underperformance due to active management with high expense ratio funds is substantial...
by Swampy
Sat Feb 04, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: What do you include in your asset allocation calculations?
Replies: 43
Views: 4105

Re: What do you include in your asset allocation calculations?

So, to be clear, there is some disagreement as to what is or is not included. 1. As I see it, a sum total of the estate includes stocks and bonds including ETF's and funds, REITS, CD's, Life cash value, CD's and other cash products, personal residence, investment real estate and exclude vehicles, co...
by Swampy
Sun Jan 29, 2017 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: What do you include in your asset allocation calculations?
Replies: 43
Views: 4105

Re: What do you include in your asset allocation calculations?

fixed income= bonds: in any shape or form CDs: in any shape or form money market/high yield savings fixed annuities with that said my emergency fund (budget expense account) is not counted toward's AA. either is any income producing vehicle; SS/pension etc. good luck jim How do you reconcile the fa...
by Swampy
Sat Jan 28, 2017 7:27 am
Forum: Investing - Help with Personal Investments
Topic: What do you include in your asset allocation calculations?
Replies: 43
Views: 4105

Re: What do you include in your asset allocation calculations?

I see a divergence of opinions regarding annuities and also between the separation of laddered CD's vs bond holdings. As regards to the cash value of life, I have an old policy that pays minimum 4% a year and cash value keeps growing every year. What about including that with the bond allocation? Th...
by Swampy
Fri Jan 27, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: What do you include in your asset allocation calculations?
Replies: 43
Views: 4105

What do you include in your asset allocation calculations?

Trying to get a clearer picture of 'real' investment asset allocation, I'm wondering what you decide to include in your total investment portfolio for the sake of completeness. Do you include investment real estate, collectibles, cash value of life insurance, CD's, cash holdings, precious metals, et...
by Swampy
Fri Jan 27, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: What sort of doctor specialty should I see?
Replies: 4
Views: 726

Re: What sort of doctor specialty should I see?

Honestly, asking for medical advise here is the wrong thing to do.
Go see a family practitioner or internist to start with and let them decide.
It may or may not be serious.
In before the lock.
by Swampy
Sun Jan 01, 2017 4:42 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 676
Views: 26019

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

2037.34

Less bearish than I was last year and hope I'm just as wrong as last year.
I like pleasant surprises.
by Swampy
Mon May 30, 2016 8:11 am
Forum: Local Chapters and Bogleheads Community
Topic: Thank you to all of our Veterans
Replies: 14
Views: 1440

Thank you to all of our Veterans

...especially those who gave all and those who never fully recovered from the sacrifices they made so that we can live in the Land of the Free. It is because this is the Home of the Brave that we can enjoy our liberties in so many different ways. Thank a Vet, not just today - but whenever you meet o...
by Swampy
Tue Apr 26, 2016 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Fund transfer HELP/QUESTIONS
Replies: 5
Views: 478

Re: Roth IRA Fund transfer HELP/QUESTIONS

This is fraught with risks. He advised me to liquidate the fund and have us bank send me a check then I write a check and sent it to Mainstay. Say 'Good Bye' to your financial advisor and call Vanguard. They'll walk you through the process, even if you have to transfer everything 'in kind.' I am so...
by Swampy
Tue Apr 26, 2016 10:15 am
Forum: Investing - Help with Personal Investments
Topic: any opinions about investment clubs?
Replies: 19
Views: 1447

Re: any opinions about investment clubs?

I recently joined an investment club in my area. It's run under the aegis of //www.betterinvesting.org/. Although I do have the bulk of my investments in passive equity and bond funds, I joined this club primarily to meet other people and make new friends. But I can't help but question the investme...
by Swampy
Sun Apr 24, 2016 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Income AMount
Replies: 10
Views: 1916

Re: Retirement Income AMount

joebh wrote:
leaddog49 wrote:Can I retire comfortably in Florida on $65-70k a year after taxes?


Yes, depending on your definition of "comfortably".


+1
by Swampy
Thu Apr 21, 2016 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should I bother with Options Trading?
Replies: 36
Views: 3701

Re: Should I bother with Options Trading?

Is there a compelling reason for me to bother with Options?
Is trading Options contradictory to Boglehead investing?


No.
Yes.
by Swampy
Thu Apr 21, 2016 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Reverse Mortgage - To pay off existing mortgage?
Replies: 6
Views: 891

Re: Reverse Mortgage - To pay off existing mortgage?

Personally, I think the reverse mortgage industry is guilty of predatory lending
practices similar to the 'cash out' from structured settlement operators.
by Swampy
Mon Apr 18, 2016 9:36 am
Forum: Personal Consumer Issues
Topic: Coin Collecting (will coins increase or decrease in value?)
Replies: 36
Views: 4052

Re: Coin Collecting (will coins increase or decrease in value?)

Like my other thread about baseball cards dying in value, will coins be that way you think? My dad gave my sister and I a huge old coin collection that his grandfather started. I have coins as old as the upper 1800's from several countries. I have about 30lbs worth of various coins and wonder if we...
by Swampy
Mon Apr 18, 2016 9:25 am
Forum: Forum Issues and Administration
Topic: How about a buy/sell (personal goods) forum?
Replies: 27
Views: 3745

Re: How about a buy/sell (personal goods) forum?

TravelGeek wrote:

Bottom line for me - I come here to learn and share, not to buy or sell. Not every site needs to do everything.

+1
by Swampy
Mon Apr 18, 2016 8:29 am
Forum: Investing - Help with Personal Investments
Topic: $100,000 fell into my lap and I have no idea what to do
Replies: 14
Views: 3576

Re: $100,000 fell into my lap and I have no idea what to do

First, if it is not too late, I would keep this pretty quiet. If word gets out that you "have money", lots of people are going to want you to loan them some of it. Second, beware of any of your friends from church, clubs, etc. who offer to help you manage your inheritance. I know this see...
by Swampy
Sun Apr 17, 2016 4:04 pm
Forum: Forum Issues and Administration
Topic: How about a buy/sell (personal goods) forum?
Replies: 27
Views: 3745

Re: How about a buy/sell (personal goods) forum?

jay22 wrote:I edited the title to remove any confusion.


Craigslist.
by Swampy
Fri Apr 15, 2016 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Magic Number? How much to save for retirement
Replies: 45
Views: 7944

Re: Magic Number? How much to save for retirement

Depending on the age you plan to retire, the 'magic number' is between 15-40 times your anticipated annual expenses . Earlier retirement means you need a higher multiple. That number will be constantly shifting and changing, but a realistic estimate while working toward a goal will get you further ...
by Swampy
Thu Apr 14, 2016 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 6793

Re: grateful for any input on a major, urgent real estate decision

You've gotten a lot of good advice so far. It's Thursday. Sleep on it for the next three nights (BUT don't 'stew' about it). If the answer doesn't come together logically by Sunday morning, don't buy it. 'Trying' to make something happen when all else signals otherwise is a mistake. Don't let the la...
by Swampy
Thu Apr 14, 2016 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 6793

Re: grateful for any input on a major, urgent real estate decision

PS...
we've had three realtors over this week who all told us it's a "great investment" at the price on the table.

Yeah, I've heard that whopper before.
by Swampy
Thu Apr 14, 2016 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 6793

Re: grateful for any input on a major, urgent real estate decision

We learned this week that our landlord has decided to sell. This is the second time this has happened for us in the past 4 years. Our landlord has offered us first dibs, at a price that is 1. significantly below the current market value of the house, and 2. significantly more than we'd like to pay....
by Swampy
Wed Apr 13, 2016 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: CPA pricing and physical location
Replies: 41
Views: 3022

Re: CPA pricing and physical location

Anyone? Any suggestion on who to go with? Have to pick soon as deadline approaching! If it's for 2015 tax prep, waiting till this week was a poor move on your part. File an extension form, then perform your due diligence. Decisions made at the last minute aren't usually the best. Good CPA's are boo...
by Swampy
Sun Apr 10, 2016 4:10 pm
Forum: Personal Consumer Issues
Topic: Car hit - Insurance or Small Claims Court
Replies: 16
Views: 2393

Re: Car hit - Insurance or Small Claims Court

Has a police report been filed???

You've got to get legal documentation and a verifiable timeline established.
Your first mistake was waiting a week if you didn't call the police.

Honestly, this sounds like a Judge Judy episode in the making.
by Swampy
Sun Apr 10, 2016 8:53 am
Forum: Personal Consumer Issues
Topic: Van vibration problem - any car experts?
Replies: 14
Views: 1045

Re: Van vibration problem - any car experts?

If you're willing to spend $5-700 for new tires, I bet it would 'buy' that kind of time for you. Maybe you'll be happy enough to wait a little longer to replace the vehicle. Then again, it may not 'fix' the problem but, by your own admission, Wheels rotated because the front wheels were balding on t...
by Swampy
Sun Apr 10, 2016 8:39 am
Forum: Personal Consumer Issues
Topic: Van vibration problem - any car experts?
Replies: 14
Views: 1045

Re: Van vibration problem - any car experts?

What's magical about 4-5 months from now, other than the new models coming out?
by Swampy
Tue Mar 29, 2016 8:29 am
Forum: Personal Finance (Not Investing)
Topic: When to drop life insurance after achieving FI?
Replies: 10
Views: 1418

Re: When to drop life insurance after achieving FI?

Any other thoughts out there?
by Swampy
Tue Mar 29, 2016 8:27 am
Forum: Investing - Help with Personal Investments
Topic: When do I sell????
Replies: 36
Views: 4137

Re: When do I sell????

Hey so I just found out about ETF investing and it really is the best thing since slice bread, but I still need some clarification on when to sell the ETF. Some advisors recommend to sell once it goes below -8% to prevent further losses,while others recommend to buy more when it goes under(DVA). Ne...
by Swampy
Mon Mar 28, 2016 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: When to drop life insurance after achieving FI?
Replies: 10
Views: 1418

Re: When to drop life insurance after achieving FI?

Caduceus wrote: My instincts would be to try and quantify what replacing this caregiving would cost, and then protecting just for this amount... A very good and valid point. Watty brought up another interesting angle: It would also help cover only getting one Social Security check if one of you dies...
by Swampy
Mon Mar 28, 2016 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: When to drop life insurance after achieving FI?
Replies: 10
Views: 1418

Re: When to drop life insurance after achieving FI?

Obviously with a special needs child you can not afford to take any chances that would result in your child not receiving the help they need. By definition, if you are financially independent you have sufficient assets to meet your financial needs and so no longer need the insurance. If not, you're...
by Swampy
Mon Mar 28, 2016 3:10 pm
Forum: Investing - Theory, News & General
Topic: It's all about saving, not investing really.
Replies: 84
Views: 9219

Re: It's all about saving, not investing really.

So I've come to the conclusion that investing money properly is only a small part of the equation to early retirement. I read so many posts by people wanting to retire early so they go 70%->100% on equities thinking that's the major component to building a nest egg. Correct me if I'm wrong, but eve...
by Swampy
Mon Mar 28, 2016 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: When to drop life insurance after achieving FI?
Replies: 10
Views: 1418

When to drop life insurance after achieving FI?

My wife and I feel comfortable in that we believe we have achieved FI and are into our 4th year of post-work life. Our portfolio has increased steadily every year in spite of some unexpected expenses. We have a disabled child who will require lifetime care and have set up a Supplemental Needs (Speci...
by Swampy
Sat Mar 26, 2016 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Unwanted cold call from Mass Mutual agent
Replies: 46
Views: 4476

Re: Unwanted cold call from Mass Mutual agent

Any thoughts or advice in this? I no longer answer calls from unknown callers. If it's that important - they can leave a message. My wife, on the other hand, likes to answer all callers and just gets flustered, much to my chagrin. If I inadvertently pick up a cold call, my response is simple - &quo...