Search found 267 matches

by Wricha
Fri Mar 16, 2018 9:07 pm
Forum: Investing - Theory, News & General
Topic: Sharonview FCU 64 month CD - 4%
Replies: 90
Views: 12206

Re: Sharonview FCU 64 month CD - 4%

First, thank you Evelyn. Once I got through the enrollment process setting up CD was easy over the phone. The people were friendly and a bit overwhelmed with the demand. They honored the rate even though I had not complete the CD process. I ask to set up 5 cds rather then one big one so if I needed ...
by Wricha
Tue Feb 13, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Antarctica,South George, Falkland Islands
Replies: 4
Views: 451

Antarctica,South George, Falkland Islands

Planing a trip there next mouth any last minute, tips, recommendations or advice. Thank you
by Wricha
Tue Jan 02, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 144
Views: 9215

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

Put me down for 2885.01
by Wricha
Tue Jan 02, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 72
Views: 19803

Re: Schwab brokerage incentive $2,500 - - - thoughts?

Reviving this old thread. Is Schwab offering $2500 for $1M again in 2018? If so, perhaps it's a hidden bonus because I cannot find it advertised. Schwab generally does not advertise these incentives but they will match anyone’s incentives. I did receive the incentive last year. TD ameritrade may ha...
by Wricha
Mon Dec 04, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Who keeps more money out of 100k? Self-employed vs Employed?
Replies: 39
Views: 3173

Re: Who keeps more money out of 100k? Self-employed vs Employed?

People who are self employed vs employee: self employed folks are generally looking for other things (autonomy) other than which situation net more at a specific salary. If expenses/taxes increase self employed people are looking at different ways to make more money (not bound to a salary). So I wou...
by Wricha
Mon Dec 04, 2017 8:14 pm
Forum: Personal Consumer Issues
Topic: It's that time of year again... buying christmas gifts
Replies: 70
Views: 6327

Re: It's that time of year again... buying christmas gifts

You could tell people that in lieu of Christmas gifts, you will donate an amount to the charity of their choice. That's my default, not just for Christmas, but for many other events. People seem quite happy to do this. The Human Fund does great work. Ha Ha. Obviously a Seinfeld fan. Me too! :beer 1...
by Wricha
Mon Dec 04, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Umbrella liability insurance policy to match portfolio size?
Replies: 30
Views: 3159

Re: Umbrella liability insurance policy to match portfolio size?

Sandtrap I have my umbrella policy through USAA their rates are competitive. As far as matching your portfolio that depends on the size of the portfolio. I don’t remember the exact amount but as I raised my limit, USAA would no longer would cover the whole policy. They began to use another carrier t...
by Wricha
Thu Nov 30, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 149
Views: 17468

Re: A good friend has nearly $1M in BitCoin what do I tell him?

You can tell him is worth nearly 800k today
by Wricha
Thu Nov 30, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Does Schwab ever offer transfer bonus into existing accounts
Replies: 20
Views: 2227

Re: Does Schwab ever offer transfer bonus into existing accounts

Schwab gave me $2500 evev though I had an account with them. This was in the last 3 months. I believe the money must stay in Schwab account for 1 year. I find Schwab extremely easy to work with.
by Wricha
Thu Nov 30, 2017 4:44 am
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 10171

Re: Why should I donate to my alma mater?

Malcolm Gladwell did a podcast http://revisionisthistory.com/about Season 1 episodes 5 & 6 on funding/donating to college. I thought was very interesting. After you listen it may change your mind where/who should be funded. Worth a listen while driving in car.
by Wricha
Sat Nov 25, 2017 5:03 pm
Forum: Personal Consumer Issues
Topic: best cordless drill??
Replies: 71
Views: 5091

Re: best cordless drill??

The best? I would say Festool, then Fein, then Metabo but those are priced towards the professional. I've been very happy with my Makita products. One of their small drill/impact sets is perfect for homeowner use Festool is very very good I find their drill the weakest in their line up of tools. Ni...
by Wricha
Sat Nov 25, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: What are average incomes for luxury vehicle purchases? Will help me decide
Replies: 57
Views: 4189

Re: What are average incomes for luxury vehicle purchases? Will help me decide

Eh. What is ‘luxury’? An entry level Lexus or bmw badge car or an XJ jaguar or S class Mercedes or a 911 Porsche? 911 is not a luxury it is a necessity! +10000 Loved the 911 I had.. wish I never sold it.. will definitely be back to it. Would rather drive a 911 or other nice car (of any model) than ...
by Wricha
Sat Nov 25, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: What are average incomes for luxury vehicle purchases? Will help me decide
Replies: 57
Views: 4189

Re: What are average incomes for luxury vehicle purchases? Will help me decide

edge wrote:
Sat Nov 25, 2017 9:51 am
Eh. What is ‘luxury’? An entry level Lexus or bmw badge car or an XJ jaguar or S class Mercedes or a 911 Porsche?
911 is not a luxury it is a necessity!
by Wricha
Fri Nov 17, 2017 3:40 pm
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 76
Views: 6512

Re: My dad's army jacket

Vet here (which means absolutely nothing). Wear it if you like I don’t understand the problem.
by Wricha
Wed Nov 08, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3852

Re: Annuity for winning the game

Thank you in advance. I am very very slowly coming (10 years) to the conclusion that there maybe a place to augment my investments with an annuity. I am 63 years old (SS at 70) and have been lucky (no inheritance things just worked out) with enough money to live a very good lifestyle on 2% withdraw...
by Wricha
Wed Nov 08, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3852

Re: Annuity for winning the game

Great points made above. Still missing, however: 1) You don't indicate where you live, so you might be subject to the non-deductible state tax on annuities. https://www.immediateannuities.com/state-premium-tax/ 2) At 63, you just can't say you know exactly how you will want to spend the rest of you...
by Wricha
Wed Nov 08, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3852

Re: Annuity for winning the game

See Jim Otar’s book and web site for best advice. If I recall correctly, according to Otar, you are well past the sweet spot for an SPIA. So, no need to annuitize and would be a waste of principle, but it is your money. Even with an annuity, one needs a good financial fiduciary/trustee in the event...
by Wricha
Wed Nov 08, 2017 5:37 am
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3852

Re: Annuity for winning the game

While the other post rightfully points out that any investment you make will be fine in terms of return and (probably) longevity -- I think it too easily glossed over cognitive decline as a Pretty Good Reason To Buy An Annuity. You don't need to annuitize all at once, if 12% feels like a lot. You c...
by Wricha
Wed Nov 08, 2017 5:36 am
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3852

Re: Annuity for winning the game

2% withdrawal rate means that you can do whatever you want and it'll work. Saving 50 times your annual expenses means you could get a real return of zero and wind up with enough money to last you until you turn 113 years old. Very few people live to that age. Any non-terrible investment is fine. Wh...
by Wricha
Wed Nov 08, 2017 3:24 am
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3852

Annuity for winning the game

Thank you in advance. I am very very slowly coming (10 years) to the conclusion that there maybe a place to augment my investments with an annuity. I am 63 years old (SS at 70) and have been lucky (no inheritance things just worked out) with enough money to live a very good lifestyle on 2% withdrawa...
by Wricha
Fri Nov 03, 2017 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Accidentally bought $20,000 worth of I Bonds
Replies: 17
Views: 5022

Re: Accidentally bought $20,000 worth of I Bonds

Assuming you bought them on line. I bought too many through Treasury Direct. It went through as you said but they caught it within 48 hours. As I recall I got a pretty stern email saying don't do it again or I will be shot or something worse. Right But did you get to keep the extra bonds? They bust...
by Wricha
Thu Nov 02, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: Retirees: which websites do you spend the most time on?
Replies: 33
Views: 6331

Re: Retirees: which websites do you spend the most time on?

Rob54keep wrote:
Tue Oct 31, 2017 9:40 pm
BH (of course)
Morningstar
Fox News
Clark Howard
Jim Lange Money Hour (in Pittsburg)
science & geology websites (AAPG)
Tax Policy Center
Given you are a Packer's fan that's Pittsburgh wtth "H" 😄
by Wricha
Thu Nov 02, 2017 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Accidentally bought $20,000 worth of I Bonds
Replies: 17
Views: 5022

Re: Accidentally bought $20,000 worth of I Bonds

Assuming you bought them on line. I bought too many through Treasury Direct. It went through as you said but they caught it within 48 hours. As I recall I got a pretty stern email saying don't do it again or I will be shot or something worse.
by Wricha
Tue Oct 10, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 4750

Re: Protecting against the possibility of a correction?

But for those in retirement, like me, markets may not fully recover during our life time after a 2008 type correction. So, what is the Bogleheads strategy for us? NO equities? Perhaps you should take a look at the "liability matching portfolio". I don't know enough about it to comment, but it might...
by Wricha
Sat Sep 02, 2017 6:58 am
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki - rich dad, poor dad
Replies: 45
Views: 5291

Re: Robert Kiyosaki - rich dad, poor dad

Financial books are different from other types of books. With most books, if you read a bad book you will waste time but no harm will result. By contrast, bad financial books will harm you. Financial books are seldom purely theoretical and the harm comes from the recommendations they make. It's dif...
by Wricha
Wed Jul 19, 2017 11:26 pm
Forum: Personal Consumer Issues
Topic: Fun place to stop overnight en route from Florida Keys to Tampa ( not Disney)
Replies: 35
Views: 3759

Re: Fun place to stop overnight en route from Florida Keys to Tampa ( not Disney)

BashDash wrote:We are going tomorrow! Looks great and thank for the tip!
There is an Italian restaurant just down the road from the Hyatt called Angeleno's. Very nice setting, decent food but a little expensive.
by Wricha
Wed Jul 19, 2017 10:50 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14568

Re: Books not to read.

"Born on Third Base" by Chuck Collins a story about a guy who was heir to the Oscar Myer family. He gave away his trust fund when he was in his twenties out of guilty. Now spends his time trying to convince people to not to donate to charities but to give your money to the government because they c...
by Wricha
Mon Jul 17, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: Thinking of Retiring in South Florida
Replies: 13
Views: 2071

Re: Thinking of Retiring in South Florida

The east coast and the west coast of Florida in my opinion are very different. They tend to draw different types of people. The east coast of Fl tends to draw more from the east coast while the west coast of Fl tends to draw more from the Midwest. Resulting in more high energy east coast and a laid ...
by Wricha
Mon Jul 17, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14568

Re: Books not to read.

Wricha:

Any investment book that promises to "beat the market."

Best wishes
Taylor
Good one! Mr Larimore
by Wricha
Mon Jul 17, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital - Net Worth?
Replies: 22
Views: 3301

Re: Personal Capital - Net Worth?

I really think personal capital is great. You can setup manually, categories for homes, physical gold, or any asset class. Check out how can analyze your portfolio.
by Wricha
Mon Jul 17, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14568

Re: Books not to read.

This would be my pick of books not to read
by Wricha
Mon Jul 17, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14568

Books not to read.

"Born on Third Base" by Chuck Collins a story about a guy who was heir to the Oscar Myer family. He gave away his trust fund when he was in his twenties out of guilty. Now spends his time trying to convince people to not to donate to charities but to give your money to the government because they ca...
by Wricha
Sun Jul 16, 2017 10:45 pm
Forum: Personal Consumer Issues
Topic: Anyone have a second home in The NC mountains?
Replies: 25
Views: 3413

Re: Anyone have a second home in The NC mountains?

Bought a beautiful mountain home north of Asheville (27 miles) in Madison County. House is at 4000 ft elevation. Never have used air conditioner and the humidity is not bad. North of Asheville tend to have the longer mountain views and higher mountains 5k+. The same quint mountains towns (good Restu...
by Wricha
Mon Jul 10, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 62
Views: 13895

Re: Fidelity, Vanguard or Schwab? I need to choose.

Personally over the course of 30 years I have been with all three, Schwab's service is heads above Fidelity and heads and shoulders above Vanguard (this is capital offense on this site)
by Wricha
Mon Jul 10, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 173
Views: 22574

Re: "Millionaire Next Door" Net Worth Formula

Just another data point the top 1% of someone 65-75 years old is 11M+ I think that is 2 year old data. $10M is not what is use to be :shock:
by Wricha
Sat Jul 08, 2017 3:13 pm
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 121
Views: 8769

Re: Shopping for first bike since I was a kid

I hate to break this news to you but you may have to up your budget to get a decent bike. No one like working or maintaining a cheap bike. A decent bike is a pleasure to ride a cheap bike is a nightmare.
by Wricha
Sat Jul 08, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Fun place to stop overnight en route from Florida Keys to Tampa ( not Disney)
Replies: 35
Views: 3759

Re: Fun place to stop overnight en route from Florida Keys to Tampa ( not Disney)

Wricha, wow that Hyatt seems perfect. We are even considering staying there two nights now. Might be a nice spot for us with our family alone because both other segments will be with extended family. I actually found a rate of 180 on a third party site. Thanks again!

How did it work out.
by Wricha
Mon Jun 26, 2017 12:17 am
Forum: Personal Consumer Issues
Topic: Fun place to stop overnight en route from Florida Keys to Tampa ( not Disney)
Replies: 35
Views: 3759

Re: Fun place to stop overnight en route from Florida Keys to Tampa ( not Disney)

Gill is absolutely correct any outdoor activity in July (for that road trip) is crazy, with small children criminal. Dail mueseum in St Pete might work (Red Mesa jut north of center city for resturant). My choice would be (Hyatt Regency Bonita FL) This time a year $200/night which is a very good rat...
by Wricha
Sun Jun 25, 2017 9:37 pm
Forum: Investing - Theory, News & General
Topic: "Heads I Win, Tails I Win -- A Gem
Replies: 12
Views: 3458

Re: "Heads I Win, Tails I Win -- A Gem

Thank you once again Mr Larimore.
by Wricha
Sun Jun 25, 2017 7:25 pm
Forum: Investing - Theory, News & General
Topic: The "angle" at Schwab
Replies: 32
Views: 4887

Re: The "angle" at Schwab

Schwab, has been first rate no hard sell. It's service excellent, local people great. Arranged a very large loan ( excellent rates) for me in hours to bridge a gap on new monies that were not available. Can't say enough good things about these folks.
by Wricha
Sun Jun 25, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Worthwhile TV programming?
Replies: 55
Views: 5125

Re: Worthwhile TV programming?

Barefoot girl

Try "The Keeper" extremely power documentary on Netflix. You can thank me later
by Wricha
Tue May 23, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 572
Views: 218966

Re: TV show recommendations?

Just finished a Netflix original called "The Keepers" a documentary that confirms what The Wire told us about Baltimore. Very well done. Warning emotionally rough
by Wricha
Thu Mar 23, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Divesting to heirs. When and how quickly.
Replies: 45
Views: 5356

Re: Divesting to heirs. When and how quickly.

I am going to go out on limb here (without knowing your children) 19 year old with $1M dollars :shock: that would have to be off the table. 19 and 40 are not equal, one is an adolescent and the other is entering middle age. In the end they can/may get the same amount they just don't receive it at th...
by Wricha
Wed Mar 08, 2017 9:15 pm
Forum: Personal Consumer Issues
Topic: Zero-Turn Mowers
Replies: 54
Views: 6168

Re: Zero-Turn Mowers

I have Scag and am very pleased with it. I paid more than twice what OP is wanting to spend.
by Wricha
Mon Mar 06, 2017 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Progress Made - What Now? (Pay off cheap mtg or invest)
Replies: 31
Views: 4175

Re: Progress Made - What Now? (Pay off cheap mtg or invest)

Meg I might be tempted to save $100k or so. Take a look around in year and see where the prevailing are coming from. I think your are in good position to deploy a large chunk of cash either in the market, new real estate, or pay down debt at that time in the mean time you are building up a cash rese...
by Wricha
Sun Mar 05, 2017 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Net worth milestone reached: $100,000!
Replies: 53
Views: 5553

Re: Net worth milestone reached: $100,000!

Good for you! At your age I had a negative net worth. 30 years later doing just fine. Give yourself a pat on the back you deserve it.
by Wricha
Sat Mar 04, 2017 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Second home or not ready
Replies: 56
Views: 5714

Re: Second home or not ready

FWIW, I have a slightly different take. I have had a second home (4 different places) since I was 45. Yes there are expenses but if you really like the area, no kids, fairly high income you can use more often than most (long weekends etc.). The big decision rent or not I did for one place and I find...
by Wricha
Fri Mar 03, 2017 10:13 pm
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 5192

Re: Generating Passive income

I could be wrong. My experience: once I started looking at cash flow vs net worth as the most important indicator to defining financial independence my view of investments changed. It is the same for people that are employed vs self employed (with employees) they see the financial world very differe...
by Wricha
Tue Feb 21, 2017 1:14 pm
Forum: Personal Consumer Issues
Topic: best type boat for FL Keys - need help from conchs
Replies: 13
Views: 2557

Re: best type boat for FL Keys - need help from conchs

Center console 100% or cuddy if you plan some weekend trips. Everglades, Pursuit, Boston Whaler, Grandy all well built boats on expensive side. A step down but decent Sea Hunt.
by Wricha
Tue Feb 21, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Who would quit playing if they already won?
Replies: 106
Views: 13435

Re: Who would quit playing if they already won?

Let me sound the voice of dissent, it's not entirely clear to me that living on a 2% withdrawal rate means you can blithely maintain a high equity allocation. for example, if you were 100% in equities and the market moved down 50%, your withdrawal rate would move to 4%, which may be too high. My ap...