Search found 167 matches

by TN_Boy
Mon Oct 23, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Is it ok to have 100% stocks, 15 years+
Replies: 30
Views: 1451

Re: Is it ok to have 100% stocks, 15 years+

OP, in my opinion, if you did not experience the bear of 2009, which I believe you are alluding to, then I don't believe that you should be 100% stocks. We have had a 9-year-bull market which makes it easy to think that the party will last forever. I am about 20 years from retirement and I have 65%...
by TN_Boy
Mon Oct 23, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Helping college costs of grandchildren
Replies: 34
Views: 1868

Re: Helping college costs of grandchildren

Is there a particular reason to worry that helping with college costs for the grandchildren but not otherwise giving anyone any money would not be fair? I myself would see doing that as perfectly fair but I can understand why someone might take a different view and be of the opinion that each of th...
by TN_Boy
Fri Oct 20, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 4828

Re: I have to fire someone that I care about personally

guitarguy, My sympathies for a difficult situation. I haven't been on either side of the "you're fired" meeting, but from my life in the corporate world, I believe one of the main things they train the managers on is, as others in this thread have stated, being firm: "the decision has been made , yo...
by TN_Boy
Thu Oct 19, 2017 9:40 pm
Forum: Personal Consumer Issues
Topic: 1st Time Cruise - Princess and wifi
Replies: 21
Views: 1537

Re: 1st Time Cruise - Princess and wifi

I recommend what the others have said; take this opportunity to disconnect. That is a vacation in and of itself. Reset your mind. The first 24-48 hours will odd, but afterward, you will love it. I got Wifi on one cruise and regretted it. You can use the opportunities in port (restaurants typically ...
by TN_Boy
Thu Oct 19, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 134
Views: 9977

Re: anyone else not liking the new cars?

Very little interests me about new cars. I still subscribe to Car and Driver, but they mostly go unread, and get recycled. My Honda "appliance" car is good enough. Cars have never been better, and high horsepower cars are everywhere. The reality is they are very expensive and traffic, construction,...
by TN_Boy
Thu Oct 19, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 134
Views: 9977

Re: anyone else not liking the new cars?

I actually don't like all the little creature comforts newer cars seem to have. To me (and maybe I'm a stick in the mud) it's just more stuff that can break. My first car was built in the mid-60's. It didn't have power anything, windshield wipers had one speed (slow), no computer controls, etc, but...
by TN_Boy
Thu Oct 19, 2017 6:48 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 134
Views: 9977

Re: anyone else not liking the new cars?

Very little interests me about new cars. I still subscribe to Car and Driver, but they mostly go unread, and get recycled. My Honda "appliance" car is good enough. Cars have never been better, and high horsepower cars are everywhere. The reality is they are very expensive and traffic, construction,...
by TN_Boy
Thu Oct 19, 2017 6:43 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 134
Views: 9977

Re: anyone else not liking the new cars?

Gas stations will convert to places where you exchange battery packs. Quicker than filling a tank with liquid fuel. Range infinite. Automated, you just pull in over a mechanism and voila! You are ready to go with a full charge. Quicker than filling a tank with gas? How come that doesn't exist now? ...
by TN_Boy
Sat Oct 14, 2017 3:35 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 134
Views: 9977

Re: anyone else not liking the new cars?

"we will just engineer batteries that charge in 10 minutes when we really care to." I read recently about (another...) potential breakthrough in battery charging time -- forget the article. But "when we care to" is not always possible. We would "care to" cure cancer but while we have periodic wins,...
by TN_Boy
Sat Oct 14, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 134
Views: 9977

Re: anyone else not liking the new cars?

It will be really interesting to see what the car market looks like in 20 years. The magic battery pack exchange (am I right that the Tesla can do something like this now? .. actually googling a bit it seems like they tried that but have backed off it) however, is not going to happen across the spe...
by TN_Boy
Sat Oct 14, 2017 10:56 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 134
Views: 9977

Re: anyone else not liking the new cars?

If it makes you feel better....those new cars will likely have terrible resale too after EVs take over. We are currently a 1 battery-EV, 1 gasmobile family, with the former covering 60-70% of our family driving miles, and the latter mostly for family road-trips. The gasser will be paid off in a few...
by TN_Boy
Sat Oct 14, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Bonds v. bond funds
Replies: 36
Views: 1950

Re: Bonds v. bond funds

Individual bond investor here, and claim that it is quite different than owning a bond fund or ETF. I've averaged about .5% more than the Fidelity Total Bond Fund over the last 5 years. My objective is to match future liabilities with a cash flow generated by the bond ladder, with some modification...
by TN_Boy
Wed Oct 11, 2017 8:23 am
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11790

Re: 100% in bond to wait for market crash?

Still not following. Check out the 3 and 5 year returns on total bond. Or look at the yield on 5 year treasuries (1.97% per fidelity). Or 5 year AAA corporate bonds (2.38% also per fidelity). Quality intermediate term bonds (and CDs) are right now poised to deliver after tax, after inflation return...
by TN_Boy
Tue Oct 10, 2017 9:53 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11790

Re: 100% in bond to wait for market crash?

I expect volatility in stocks, a range of 15-20% in a given year would be normal imho. Long term negative returns in bonds (normalization) would be very disconcerting to me. Well, how disconcerted are you right now? I mentioned BND's growth above; after taxes and inflation that is probably a slight...
by TN_Boy
Tue Oct 10, 2017 5:29 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11790

Re: 100% in bond to wait for market crash?

Am I the only one more afraid of the Bond Bubble than the Stock Bubble? This is why I am more in CDs with terms from 1 month to 5 years than Bonds. I don't think CDs are a bad idea instead of bonds, but given the relative magnitude of a bond market "crash" (assuming high-quality intermediate term b...
by TN_Boy
Tue Oct 10, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11790

Re: 100% in bond to wait for market crash?

Since the stock market value most expensive except year 2000 ( p/e https://www.quandl.com/data/MULTPL/SHILLER_PE_RATIO_MONTH-Shiller-PE-Ratio-by-Month ). Also since the bond having roughly 2.3% return, please convince me not to collect 2.3% in bond and wait for stock correction. I dont to want to s...
by TN_Boy
Tue Oct 10, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11790

Re: 100% in bond to wait for market crash?

Since the stock market value most expensive except year 2000 ( p/e https://www.quandl.com/data/MULTPL/SHILLER_PE_RATIO_MONTH-Shiller-PE-Ratio-by-Month ). Also since the bond having roughly 2.3% return, please convince me not to collect 2.3% in bond and wait for stock correction. I dont to want to s...
by TN_Boy
Tue Oct 10, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: When to buy new tires? - penny or quarter test
Replies: 35
Views: 2196

Re: When to buy new tires? - penny or quarter test

I think spending the couple hundred bucks for a 4 wheel alignment when getting new tires is money very well spent. I have generally done that, but I wonder sometimes if the alignment holds even long enough to get home. We have monster potholes in NJ. Don’t get me started on corruption in NJ :twiste...
by TN_Boy
Mon Oct 09, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6845

Re: How big a portfolio should I have before retiring?

I was not asking literally how much you would need to retire. I was asking, given my circumstances & goals, when would it be financially sound for me to retire. How big would my portfolio have to be? I want to avoid being blinded by my desire to retire...I want objective advice that I may be incapa...
by TN_Boy
Mon Oct 09, 2017 9:27 pm
Forum: Personal Consumer Issues
Topic: When to buy new tires? - penny or quarter test
Replies: 35
Views: 2196

Re: When to buy new tires? - penny or quarter test

Why? Unsafe starts at 2. Not really. By the time you get to 2/32, your stopping distance on wet pavement is ..... a lot longer. https://www.tirerack.com/tires/tests/testDisplay.jsp?ttid=85 You can find similar results by googling "stopping distance with worn tires." You'll get hits from Tirerack, C...
by TN_Boy
Mon Oct 09, 2017 7:42 am
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6845

Re: How big a portfolio should I have before retiring?

[/color][/b] I would require a portfolio of at least 50x (50 times annual income/expenses needed) to begin to feel comfortable in retirement. And even more than that would add to that comfort level. :D Everyone is different. To some folks, The larger the pension and outside income stream, the less ...
by TN_Boy
Sun Oct 08, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6845

Re: How big a portfolio should I have before retiring?

Question How big of a portfolio would you require to feel comfortable retiring? I would require a portfolio of at least 50x (50 times annual income/expenses needed) to begin to feel comfortable in retirement. And even more than that would add to that comfort level. :D Everyone is different. To some...
by TN_Boy
Sat Oct 07, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6845

Re: How big a portfolio should I have before retiring?

Question How big of a portfolio would you require to feel comfortable retiring? I would require a portfolio of at least 50x (50 times annual income/expenses needed) to begin to feel comfortable in retirement. And even more than that would add to that comfort level. :D Everyone is different. To some...
by TN_Boy
Mon Oct 02, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: Photography gear and what you use it for?
Replies: 26
Views: 1604

Re: Photography gear and what you use it for?

1 First Real Camera of distinction. Probably my Panasonic FZ1000* 2 Camera gear now? The aforementioned FZ1000 and a compact Olympus TG waterproof camera. 3 Lenses? The FZ1000 has a pretty fast 25-400 zoom. 4 Favorite lens? Right now, the Leica on the FZ. 5 Software? Lightroom mostly. Moderate learn...
by TN_Boy
Mon Sep 18, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: point and shoot digital cameras
Replies: 22
Views: 1605

Re: point and shoot digital cameras

But those P&S or bridge cameras with 1" sensor costs almost as much as the good cellphone camera! Imagine if Apple wanted to make a DSLR or mirror-less compact using the technologies used in their iPhone for processing power using clever algorithms and decided to partner with good glass maker. It w...
by TN_Boy
Mon Sep 18, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: point and shoot digital cameras
Replies: 22
Views: 1605

Re: point and shoot digital cameras

Given the stringent physical limitations imposed on a cellphone camera, I am always shocked at how a good cellphone camera such as iPhone7+ stomps all over most moderately priced P&S cameras in terms of picture quality. So technically, it should have been very easy for a *real* camera manufacturer ...
by TN_Boy
Fri Sep 15, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: 24 care home care for family member
Replies: 23
Views: 2289

Re: 24 care home care for family member

Very, very much appreciate everyone's stories and comments on this. As with many issues, it helps to know that we're a part of a larger group of people dealing with roughly similar issues. To the question about cognitive vs physical issues, it's becoming both - moreso just becoming much slower and ...
by TN_Boy
Tue Sep 12, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8723

Re: When calculating net worth, how do you value your house?

I suspect part of the reason people want to exclude home value is their emotional attachment to their home. Personally, my situation was different. I bought a home with cash that I really would have preferred not to buy. I needed to be in a particular school district and there were pretty much no r...
by TN_Boy
Tue Sep 12, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8723

Re: When calculating net worth, how do you value your house?

Do you use purchase price, appraisal value, property assessment, Zillow's Zestimate, or something else? Not in favor of including primary home's equity in net worth calculation - can't sell part of the house to pay for an emergency. Gotta live somewhere. A cash out refinance or reverse mortgage doe...
by TN_Boy
Mon Sep 11, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8723

Re: I don't

At zero$. We have to live somewhere. You ask me my net worth and I will reply with the sum of: stocks, bonds, cash. No car. No house. FraggleRock (and others with the same viewpoint), I'm genuinely curious, of the arguments advanced above about why you need to think about your housing as part of yo...
by TN_Boy
Mon Sep 11, 2017 12:27 pm
Forum: Personal Consumer Issues
Topic: 24 care home care for family member
Replies: 23
Views: 2289

Re: 24 care home care for family member

Thanks everyone. This is all very helpful. Yes, it's very pricey and we're having consider the options. It's helpful to know that there aren't really any shortcuts. Another option we're considering is one of us moving in, but hiring hourly care to fill in when we can't be there. Many good points ma...
by TN_Boy
Sat Sep 09, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 6498

Re: Luxury car: perception vs reality

Based on the thread title, I was hoping for more of a discussion on luxury cars being worth the money/effort. Only one post has addressed that aspect. As others have said, an average Toyota Camry is pretty nice. What more do luxury cars offer? -- better traction/stability, i.e. hold the road better...
by TN_Boy
Fri Sep 08, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8723

Re: When calculating net worth, how do you value your house?

But let's be honest, once someone's net worth gets into the hundreds of thousands of dollars, they're just tracking it to make themselves feel good or for bragging rights. They have a pretty good handle on finances at that point and there's really no need to track net worth. Other than to use it to...
by TN_Boy
Fri Sep 08, 2017 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 3900

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

I've come across a large Real Estate Investment that will guarantee me a minimum of 7% for the next 10 years. Long Story Short we have 2, 10 year contracts in hand from Fortune 500 companies to rent a large facility on a large piece of land we have under contract in a major city, the facility is no...
by TN_Boy
Wed Sep 06, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 8723

Re: When calculating net worth, how do you value your house?

I don't count car or home. Should I? IMHO, no. KlangFool For Net Worth, you should. ryman554, Respectfully, I disagreed. It is more useful for me not to include. As for others' opinion, they have not proven to me. KlangFool A retired person should look at all possible sources of revenue -- their in...
by TN_Boy
Wed Sep 06, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 8809

Re: Should we let MIL pay off our mortgage?

She subsides on $5,000/year. Really? If this is true, it's mind boggling. $5K doesn't even pay my annual medical premiums, and yet your MIL buys medical insurance, prescriptions, food, car, insurance, clothing, rent, cell phone, cable/internet, utilities, and perhaps a splurge at McDonald's. Wow. I...
by TN_Boy
Sat Sep 02, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 8809

Re: Should we let MIL pay off our mortgage?

I think what's being planned here is a multi-generational co-mingling of assets that all parties seem happy with. OP, spouse, MIL, SIL, and maybe even young children since the day they are born are signing up to shelter, feed, and care for each other through every possible up and down. Family patri...
by TN_Boy
Sat Sep 02, 2017 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 8809

Re: Should we let MIL pay off our mortgage?

Not exactly your situation. But the concept is similar. Inlaws left us a nice inheritance that was intended for the care and feeding their youngest and spectrum son whom we care for, 30 years. We used inheritance to buy a rental. The cashflow allowed us to delay use of our IRAs and to take deprecia...
by TN_Boy
Fri Sep 01, 2017 8:34 am
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 36270

Re: Michael Kitces 4% rule podcast on Madfientist

Great podcast. The big thing that I got is that, according to Kitces' study, a 4% SWR is very conservative and all this talk about 3% and even 2% is ridiculously low. Of course this collides w Wade Pfau's study that suggests that in today's low yield environment, under 3% is the true "safe" withdra...
by TN_Boy
Thu Aug 31, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 8809

Re: Should we let MIL pay off our mortgage?

Thanks for all the replies. To clarify the issue 1. Yes, this is a gift from MIL. Not a loan 2. My MIL is the most selfless, generous human being I've ever met. Her only goal is to give all her money away to her surviving heirs to make our lives easier. She did not want this inheritance. She wants ...
by TN_Boy
Thu Aug 31, 2017 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 8809

Re: Should we let MIL pay off our mortgage?

9. REIT not a good option. My MIL doesn't work, and majority of assets in in taxable account. Also, REIT returns would pale in comparison to 10% annual appreciation in home values in my area for last 25 years. Ummm, I own Vanguard's REIT Index fund (VGSIX), the one that's grown 8.98% over the last ...
by TN_Boy
Mon Aug 28, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 31491

Re: What to do when a parent's money runs out?

One thing I will say is that I look at it that $1200/mo SS plus $1000 from you on top -- that is what I estimate as the bare minimum a person could survive on. (I'm talking without any other monthly bills due to debt.) That's $26,400 a year. I doubt there are folks on this forum that are able to li...
by TN_Boy
Mon Aug 28, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Check serial number caused an issue
Replies: 26
Views: 2308

Re: Check serial number caused an issue

I was buying a rental car from Hertz last week (will share the whole experience in another post soon), paying with cash using Schwab check book. The check book starts with the serial 001. Since I hadn't used any of the checks by that time, so literally the check I was pulled to Hertz had the serial...
by TN_Boy
Mon Aug 28, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 31491

Re: What to do when a parent's money runs out?

I wouldn't help her any further. She needs to get out of that place. Of course, it's easy for me to say that because my parents would never put me in the situation of having to make a difficult choice like this. Sorry, Randomizer, but there's no way you can know this. Dementia can change people's p...
by TN_Boy
Mon Aug 28, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Check serial number caused an issue
Replies: 26
Views: 2308

Re: Check serial number caused an issue

In my student town, a few years ago it was common for some businesses to accept only checks numbered over 500. The logic was that they wanted people with roots in town rather than people who were moving on in a month never to return. Of course, once you became able to order checks starting at whate...
by TN_Boy
Sun Aug 27, 2017 11:45 am
Forum: Personal Consumer Issues
Topic: on track, but what about black swans
Replies: 34
Views: 2919

Re: on track, but what about black swans

Only small quibble I have is the inflation of what is now considered acceptable housing and indeed other items. I grew up in a 1950's ranch. 3'small bedrooms, 1 bathroom, galley kitchen with cramped eating area. My mom still lives there and it is beautifully maintained. You could eat off the floors...
by TN_Boy
Thu Aug 17, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10560

Re: Anyone planning on never retiring?

I'm planning on retiring but I'm expecting to never quit working. Retirement: - Yes, some day I will no longer provide value to companies related to my current career (high tech) - I have a 401k etc - I'm "hoping" for SS, hoping I can eventually make use of that 401k The reality: - Healthcare (ie. ...
by TN_Boy
Thu Aug 17, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone planning on never retiring?
Replies: 138
Views: 10560

Re: Anyone planning on never retiring?

A friend of mine retired at age 62. She told me before she retired that she was afraid of retiring because all of her retired friends became "stupid" once they retired. By that she meant that they seemed to lose their ability to think critically or remember things, and that this "stupidity" happene...
by TN_Boy
Mon Aug 14, 2017 11:54 am
Forum: Investing - Theory, News & General
Topic: It's easy to have an investment plan until you get punched in the face
Replies: 53
Views: 6912

Re: It's easy to have an investment plan until you get punched in the face

One's ability to stick with buy and hold is inversely proportional to the frequency they look at their accounts. I don't know about that. I checked my accounts frequently during the 08/09 meltdown. But I didn't just buy and hold. I tax-loss harvested and bought more. Many of the boglehead community...
by TN_Boy
Wed Aug 02, 2017 12:36 pm
Forum: Investing - Theory, News & General
Topic: How to Account for Taxes - 25X Rule
Replies: 16
Views: 1929

Re: How to Account for Taxes - 25X Rule

Okay so it seems my problem in understanding the rule is that when people say "25 X expense" they are including taxes in "expense". I just always think of taxes as taxes and not expense (even though now that I think about it, it is). Sorry for being dim on this.... Thanks for the help. Yes, the 25x...