Search found 507 matches

by TravelforFun
Sun Apr 23, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: Recommendation for Adults-only All-Inclusive resort/hotel?
Replies: 21
Views: 2157

Re: Recommendation for Adults-only All-Inclusive resort/hotel?

Costco travel website has excellent selections and the best pricing.
by TravelforFun
Sat Apr 22, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 216
Views: 29138

Re: Chase Sapphire Reserve

Back in January I posted about the card asking questions. My wife got the card, and has been using it for work where she travels and does an overnight once every week or two for work. We have been racking up the points using this card, and really love the card! We have found great deals on car rent...
by TravelforFun
Fri Apr 07, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional w/pension
Replies: 8
Views: 884

Re: Roth vs. Traditional w/pension

Yes I would contribute to Roth 457b now because it does not look like your tax rate is going to decrease in retirement and you don't want to be forced into withdrawing from your tax deferred accounts when you hit 70.5.
by TravelforFun
Fri Apr 07, 2017 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: How does one determine their "number" and what exactly does it mean?
Replies: 92
Views: 6838

Re: How does one determine their "number" and what exactly does it mean?

Word of caution: Even if you have achieved your number, the achievement could be temporary because the market could crash on us at anytime. Accumulate, accumulate...
by TravelforFun
Thu Apr 06, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: How does one determine their "number" and what exactly does it mean?
Replies: 92
Views: 6838

Re: How does one determine their "number" and what exactly does it mean?

The Wizard wrote:
willthrill81 wrote:Actually, using data going back to 1970 (using Portfolio Charts), a 3.4% withdrawal rate on a 60/40 TSM/TBM portfolio would have been perpetual over 40 years...

Umm, not to quibble, but PERPETUAL is like over a thousand years, irrespective of human lifespans...

And oxymoron indeed.
by TravelforFun
Thu Apr 06, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Pension -lump sum or monthly payout?
Replies: 29
Views: 1691

Re: Pension -lump sum or monthly payout?

I took a lump sum for my pension in 1998 partially because I didn't trust the company finances. This report is how it worked out for me. What I have left of that lump sum today and how much I have taken out. I will compare that with how much I would have received to date if I had taken the pension ...
by TravelforFun
Thu Apr 06, 2017 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Secretly entered two comma club
Replies: 44
Views: 6866

Re: Secretly entered two comma club

Next step for you: two commas without including home equity.
by TravelforFun
Mon Apr 03, 2017 7:34 pm
Forum: Investing - Theory, News & General
Topic: I don't understand how commercial real estate making money
Replies: 41
Views: 3845

Re: I don't understand how commercial real estate making money

retail is only part of commercial, you should consider multifamily, especially small balance multifamily loan ($2-5M in value, less than 50 units) multifamily is always the least risky and best performing property type within commercial real estate there are certainly benefit of investing in commer...
by TravelforFun
Mon Apr 03, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Got my second comma -- what is this anticlimactic feeling?
Replies: 55
Views: 6514

Re: Got my second comma -- what is this anticlimactic feeling?

BolderBoy wrote:
TheMoneyRat wrote:So with our paychecks last Friday, we crossed over $1mm in cash and investments. Why does it feel so anticlimactic?

Because folks aren't really special until they cross the 3 comma mark nowadays.

3-comma is $1 billion. Is that what you meant?
by TravelforFun
Mon Apr 03, 2017 7:05 pm
Forum: Personal Consumer Issues
Topic: Europe Cell Roaming after July 2017 Question
Replies: 18
Views: 606

Re: Europe Cell Roaming after July 2017 Question

I rented a Skyroam when I traveled to 5 different European countries last year and it worked great. It's a portable wiifi hot spot that gives you wifi everywhere you go. It's small, allows up to 5 devices to connect to it simultaneously, has unlimited data, and cost $10 a day. You order online, they...
by TravelforFun
Mon Apr 03, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: What use are Chase UR Points (to me)
Replies: 20
Views: 1498

Re: What use are Chase UR Points (to me)

I transfer my Chase points to Southwest and use them with my Companion Pass to buy buy-one-get-one-free tickets.
by TravelforFun
Sun Apr 02, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 23438

Re: Low-earners- What is your profession?

Fortunately, what you earn doesn't determine how wealthy you can be. Spending less than what you make and investing the difference wisely over a long period of time along with choosing the right lifetime partner are the ingredients you want to to have.
by TravelforFun
Sun Apr 02, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: New Job - Retirement Options
Replies: 7
Views: 682

Re: New Job - Retirement Options

The employer offers both a high deductible health plan as well as a traditional plan. If a Health Savings Account makes sense as a way to cover your health costs, then a Health Savings Account can be a super-IRA and a good way to do tax-sheltered investing. "Use of an HSA requires participatio...
by TravelforFun
Sun Apr 02, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 6426

Re: Cost of Booze on a Cruise

Please note that on any cruise from the port of embarkation, you are allowed to take two bottles of 759 ml wine bottles. This is a good cost saver. Needs to be carried with you and not in checked in bag. Has to be wine in 750 ml bottle or smaller size. That is can't be beer or liquor Are you sure t...
by TravelforFun
Sat Apr 01, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: Illusion of poverty/wealth
Replies: 159
Views: 19936

Re: Illusion of poverty/wealth

I wouldn't give up my $1 million in exchange for $5k monthly payments because I know I can do better than a 6% annual return. How do I know this? 35 years of investing which spans over 2 big market crashes, the Great Recession, and the Greater Rebounding and I still net a double-digit annuallized r...
by TravelforFun
Sat Apr 01, 2017 11:36 am
Forum: Investing - Theory, News & General
Topic: Population Pyramids and Investing Patterns
Replies: 32
Views: 3236

Re: Population Pyramids and Investing Patterns

Uncle Sam can't wait for those 52 million folks to empty their 401K and IRA accounts. Fidelity alone is managing $6 trillion worth of those folks' assets. Unless they behave very foolishly, retirees will pay significantly fewer taxes (as a percentage at least) on the money coming from their 401Ks a...
by TravelforFun
Sat Apr 01, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Illusion of poverty/wealth
Replies: 159
Views: 19936

Re: Illusion of poverty/wealth

I wouldn't give up my $1 million in exchange for $5k monthly payments because I know I can do better than a 6% annual return. How do I know this? 35 years of investing which spans over 2 big market crashes, the Great Recession, and the Greater Rebounding and I still net a double-digit annuallized re...
by TravelforFun
Sat Apr 01, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: Population Pyramids and Investing Patterns
Replies: 32
Views: 3236

Re: Population Pyramids and Investing Patterns

Uncle Sam can't wait for those 52 million folks to empty their 401K and IRA accounts. Fidelity alone is managing $6 trillion worth of those folks' assets.
by TravelforFun
Thu Mar 30, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 143
Views: 8065

Re: When do you plan to die?

(Attention-grabbing title, eh?) I apologize for asking a question that has almost certainly come up before. But it wasn't clear to me what search terms would find it. In planning to make your money last long enough, how do you define "enough"? Your actuarial life expectancy? Family longev...
by TravelforFun
Tue Mar 28, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have enough? How I realized yeah I do.
Replies: 75
Views: 12166

Re: Do you have enough? How I realized yeah I do.

Off topic but why do people sit at Starbucks? You don't have internet at home? I think it's a "being around fellow humans" thing. :happy +1 Like you, I go to the neignborhood Stabucks every Saturday morning after workout for a good cup of coffee, the NY Times, Bogleheads forum, and fellow...
by TravelforFun
Mon Mar 27, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: Does living at the beach reduce it's appeal?
Replies: 43
Views: 6077

Re: Does living at the beach reduce it's appeal?

Would it be pleasurable to eat lobster every day? Life needs variety. No, it wouldn't. http://www.gma.org/lobsters/allaboutlobsters/lobsterhistory.html Long ago, lobsters were so plentiful that Native Americans used them to fertilize their fields and to bait their hooks for fishing. In colonial tim...
by TravelforFun
Sun Mar 26, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay for mother's dementia care...retirement accts versus other investments
Replies: 12
Views: 1302

Re: how to pay for mother's dementia care...retirement accts versus other investments

hello. i strongly urge you to get in contact with a lawyer who specializes in trusts (i am not a lawyer, don't pretend to be a lawyer, and i don't think i know a lawyer...) i say this because i've gone through this with my father in law (parkinsons/dementia) and my dad who is in the middle stages o...
by TravelforFun
Sun Mar 26, 2017 5:51 pm
Forum: Personal Consumer Issues
Topic: Does living at the beach reduce it's appeal?
Replies: 43
Views: 6077

Re: Does living at the beach reduce it's appeal?

Would it be pleasurable to eat lobster every day? Life needs variety.
by TravelforFun
Sun Mar 26, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: What's your strategy for withdrawing funds in Retirement ?
Replies: 57
Views: 6186

Re: What's your strategy for withdrawing funds in Retirement ?

One of the great mysteries to me ar4e the Great Debates over Safe Withdrawal Rates (SWR). I put Safe Withdrawal Rates into Google and it came up with more than 15 million hits. One wonders how people managed to retire without knowing their "SWR." Mathematicians love numbers. Fortunately f...
by TravelforFun
Fri Mar 24, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: Do you purposely spend with companies in your investment portfolio?
Replies: 42
Views: 2344

Re: Do you purposely spend on products/services with companies that are in your investment portfolio?

itstoomuch wrote:It was the other way around.
We bought stock (Discretionary) in the companies that had products that we prefer. :oops:
Mostly holding cash from sells. Valuations are pretty high in these companies.

Same here. This is how I got, Apple, Costco, Starbucks, and Southwest Airlines.
by TravelforFun
Fri Mar 24, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Pretirement
Replies: 18
Views: 2120

Re: Pretirement

By pretirment, I am a referring to a person partially exiting the workforce but not fully. They might pursue a lower paying job that brings more personal satisfaction, work fewer hours, or live in a locale that is more desirable but offers less wages. In other words, earn less money in the pursuit ...
by TravelforFun
Fri Mar 17, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: Autonomous Vehicles and Drone Deliveries
Replies: 31
Views: 1875

Re: Autonomous Vehicles and Drone Deliveries

Autonomous vehicles and ridesharing will be so disrupting. People who drive for a living should start looking for another career. Bus companies, parking garage owners will be out of business within the next ten years.
by TravelforFun
Thu Mar 16, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Shingle concerns with relatively new build *updated 4/14
Replies: 22
Views: 2151

Re: Shingle concerns with relatively new build

Wind damage? Your home insurance company may give you a new roof.
by TravelforFun
Fri Mar 10, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 23385

Re: How to Die

My dad has repeatedly said he wants EVERYTHING and my older sis and brother have told dad they will make sure he gets EVERYTHING. Me, I want to die quietly in my sleep and do not want futile medical treatment nor CPR. My mom has expressed no opinion, but I suspect my older sis and brother will simi...
by TravelforFun
Fri Mar 10, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: When is tax due on IRA distribution?
Replies: 14
Views: 829

Re: When is tax due on IRA distribution?

IRA distribution is just like earned income and the tax withholding on the distribution is optional. I know people who elect to withhold 20% on their distributions and get a big tax refund the following year. Not a good move!
by TravelforFun
Fri Mar 10, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Payoff Student Loans Early? Requesting help.
Replies: 14
Views: 767

Re: Payoff Student Loans Early? Requesting help.

5.875% guaranteed interest is hard to beat. Yes I would use the emergency fund to pay off the loan but you got to be disciplined about replenishing the EF.
by TravelforFun
Wed Mar 08, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Are we ready to buy a house? What should our price range be?
Replies: 56
Views: 4081

Re: Are we ready to buy a house? What should our price range be?

Your mortgage is 40% of your take home pay and that may not be sustainable. I would wait.
by TravelforFun
Wed Mar 01, 2017 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 16298

Re: Possibly Financially Independent and Feeling Miserable

OP, you have enough. Start enjoying the fruits of your labor. After we reached our financial freedom number, I cut back on my work hours, we started traveling more to nicer places, giving more to charities, helping our adults kids more, and it feels great! I believe we can continue to do this for a ...
by TravelforFun
Wed Mar 01, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Favorite survival books?
Replies: 41
Views: 3427

Re: Favorite survival books?

Last of the Breed by Louis L'amour.
by TravelforFun
Wed Mar 01, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on Time shares
Replies: 123
Views: 8514

Re: BH thoughts on Time shares

Watch "The Queen of Versailles" documentary from a few years back, about David and jackie Siegel. David Siegel founded Westgate Resorts, the world's largest time share company. You may feel less excited about timeshares when you're through. :beer I watched it too. Did they rebound and get...
by TravelforFun
Sun Feb 26, 2017 11:25 am
Forum: Investing - Theory, News & General
Topic: How should people factor Social Security into their "magic number" with early retirement?
Replies: 76
Views: 6050

Re: How should people factor Social Security into their "magic number" with early retirement?

OP, this is how I would calculate my 'magic number': From age 55 to 70, I need $75,000 a year for 15 years until SS or $75K x 15 = $1,125,000. From age 70 on, I only need $55,000 a year since I get $20,000 from SS or $55K x 30 = $1,650,000. Add those two numbers up and you get your magic number of $...
by TravelforFun
Sun Feb 26, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: moving from landscaper/snow plower to diy in retirement
Replies: 44
Views: 2982

Re: moving from landscaper/snow plower to diy in retirement

I guess I'm opposite. I became semi-retired late last year and am thinking about getting someone to do my yard so I can have even more free time. 8-)
by TravelforFun
Wed Feb 22, 2017 10:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 64
Views: 10741

Re: Vanguard opens special offices for $1 million clients

Off topic but what kind of perks do you get from Vanguard for being a flagship customer? I want to compare them to what I got from Schwab. 25 free trades, access to a financial advisor, access to closed funds are a few of the benefits that are available for the Flagship Customer. Thanks. I'll stick...
by TravelforFun
Wed Feb 22, 2017 7:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 64
Views: 10741

Re: Vanguard opens special offices for $1 million clients

Off topic but what kind of perks do you get from Vanguard for being a flagship customer? I want to compare them to what I got from Schwab.
by TravelforFun
Tue Feb 21, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Does anyone else have (possibly too much) fun dealing with finances?
Replies: 69
Views: 5368

Re: Does anyone else have (possibly too much) fun dealing with finances?

The reason most people are on this forum is because they love to manage their own finances.
by TravelforFun
Mon Feb 20, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 7541

Re: Need advice on girlfriend debt/finances

Has anyone mentioned this couple should take a financial class together to learn how to budget, attack debts, and build wealth? She may change if she has more information.
by TravelforFun
Sat Feb 18, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: Vietnam
Replies: 31
Views: 2868

Re: Vietnam

I'm from VN. Take me with you and I'll show you around. Lol.
by TravelforFun
Fri Feb 17, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Two Comma Club
Replies: 199
Views: 32390

Re: Two Comma Club

abracadabra11 wrote:+1 member to the club as of yesterday.

Thanks to bogleheads for the help getting there.

Congratulations and welcome to the club!
by TravelforFun
Thu Feb 16, 2017 8:16 pm
Forum: Personal Consumer Issues
Topic: How do you handle switching your handbag?
Replies: 62
Views: 4004

Re: How do you handle switching your handbag?

My wife purchased a bag from the Louis Vuitton store in Paris a few years ago and I don't think she has gone anywhere without that bag ever since (except for the formal events),
by TravelforFun
Sun Feb 12, 2017 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Which 25X is it? [Planning for retirement]
Replies: 51
Views: 3299

Re: Which 25X is it? [Planning for retirement]

Let put some numbers on the paper so we all can be clear. Say you need $80K a year to live on and your SS benefit, pension, annuities combined give you $60K, you would need $20K a year from your investment. Also say all your investment is in tax deferred accounts like IRAS or 401Ks, you may need to ...
by TravelforFun
Thu Feb 09, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Car for Business Travel
Replies: 15
Views: 842

Re: Personal Car for Business Travel

Even if one was involved in an accident, how would the insurance company know where, and in what capacity the insured was traveling? They don't ask, they don't care, it's all a numbers game to them, and you are one of a 100 claims filed every day. So why open a can of worms by volunteering informat...
by TravelforFun
Thu Feb 09, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Car for Business Travel
Replies: 15
Views: 842

Re: Personal Car for Business Travel

I would call my car insurance first. They may not cover you if you use your car for business.
by TravelforFun
Wed Feb 08, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: London & Prague recommendations
Replies: 15
Views: 1214

Re: London & Prague recommendations

Prague is an awesome place to visit. Beautiful people and city, cheaper than western European countries, and easy to get around. We loved it there.
by TravelforFun
Thu Feb 02, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Just watched Warren Buffett's new HBO Documentary
Replies: 50
Views: 6998

Re: Just watched Warren Buffett's new HBO Documentary

bottlecap wrote:In any event, Buffett hasn't really done better than the market for a long while, IIRC. If he can't do it, I know I can't.

JT

$100 invested in SP 500 in 1964 would grow to $2,000 in 2014, same $100 would grow to $2 million if invested in Berkshire Hathaway.
by TravelforFun
Thu Feb 02, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: GEICO discount for Berkshire Hathaway shareholders
Replies: 22
Views: 2749

Re: GEICO discount for Berkshire Hathaway shareholders

Thanks to the OP. They gave me $30 off (on top of other discounts) on my 6-month premium.

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