Search found 177 matches

by Wricha
Fri Dec 25, 2015 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: My husband left me for a younger woman - help me take control of my finances
Replies: 36
Views: 9318

Re: My husband left me for a younger woman - help me take control of my finances

Christine Had one call told them I was not interested never had another call in past year. I think their security is better and their investment tracking is very good (a good bit better than mint) All in all a 30 second phone call was worth the price (free). You should check it out. It makes AA a br...
by Wricha
Fri Dec 25, 2015 9:20 am
Forum: Investing - Help with Personal Investments
Topic: My husband left me for a younger woman - help me take control of my finances
Replies: 36
Views: 9318

Re: My husband left me for a younger woman - help me take control of my finances

Good morning and Merry Christmas to all. Just finished coffee no newspaper today so it was the Bogleheads. OP you are more than fine and it is clear that your are bright and have things under control (good for you) one very minor suggestion I would use Personal Capital rather then Mint much better f...
by Wricha
Mon Nov 16, 2015 8:46 am
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29730

Re: High Earner Careers?

First the average full time physician in the US makes more than $187k (Peds maybe the exception). The average sub specialist is well above $300k (Peds sub speciality may be the exception). That is my experience working with 1000s of physicians over 30 years. Healthcare administration in a big syste...
by Wricha
Sun Nov 15, 2015 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 254
Views: 29730

Re: High Earner Careers?

First the average full time physician in the US makes more than $187k (Peds maybe the exception). The average sub specialist is well above $300k (Peds sub speciality may be the exception). That is my experience working with 1000s of physicians over 30 years. Healthcare administration in a big system...
by Wricha
Mon Oct 26, 2015 9:25 pm
Forum: Personal Consumer Issues
Topic: Car stolen and car seats set on fire
Replies: 36
Views: 6493

Re: Car stolen and car seats set on fire

First sorry about your loss. Second I had the same thing happen to me. My point had M3 BMW solen tires flatten because it was beat to hell and back. Did not get50 more miles out of the car before the engine was shot. My advice make sure they run tests on engine my suspicion is the car may have been ...
by Wricha
Mon Oct 26, 2015 4:01 pm
Forum: Investing - Theory, News & General
Topic: Richuncles.com [non-traded REIT]?
Replies: 35
Views: 5357

Re: Richuncles.com [non-traded REIT]?

Let me play Dutch Uncle for a minute. Unless you are personally involved in the actual formation/developer (first hand knowledge - in the room at the table) of the REIT (public or private) don't invest. Why? My observation Is/has been between the developer fees , contractors fees, maintenance fees, ...
by Wricha
Fri Oct 23, 2015 6:55 am
Forum: Personal Consumer Issues
Topic: Guilty pleasures?
Replies: 123
Views: 13023

Re: Guilty pleasures?

Kazper: My "guilty pleasure" is overtipping. During much of my life, raising three children, we could not afford more than the customary tip--even when service was excellent. In recent years (thanks to Jack Bogle) I can afford to give a large tip when I receive above-average service. It g...
by Wricha
Mon Oct 19, 2015 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Is there an ideal age to retire?
Replies: 137
Views: 12276

Re: Is there an ideal age to retire?

I don't like my job, but I like my paycheck. I can afford to retire now, but if I do my paycheck goes away. Therefore, I hope to die at my desk in my 90's. I would probably retire now if I could convince someone to keep paying me. No luck so far. What if your paycheck asks for a divorce? Victoria N...
by Wricha
Mon Oct 19, 2015 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Is there an ideal age to retire?
Replies: 137
Views: 12276

Re: Is there an ideal age to retire?

It seems to me that when people retire young, they have an easier time adjusting. Older folks seem to have a more difficult time. Is that just my inner circle or is there some truth to it in the Boglehead community? I don't recall seeing this discussed here. My sense is that retirement would be an ...
by Wricha
Sat Oct 10, 2015 1:54 pm
Forum: Personal Consumer Issues
Topic: Creative Ideas for Retirement Living
Replies: 30
Views: 4558

Re: Creative Ideas for Retirement Living

BFG I have a place in SW Fl also and family commitments in PA. I know you don't like mechanical stuff but I drove/piloted my boat up to the Chesapeake from Fl and used it as my base to visit folks this passed summer. You would be surprised how many people will come and visit you when you have a boat...
by Wricha
Thu Oct 08, 2015 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 126
Views: 12664

Re: What do you guys do on the side?

Two things Real estate: I like looking at real estate kinda like a hobby anywhere I go I generally check it out houses,condos, land and commercial real estate. Started almost 40 years ago. I have made more here than the stock market by far. Invested in other businesses (small) or other people's idea...
by Wricha
Sun Sep 27, 2015 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: One more year reflection.
Replies: 76
Views: 9245

Re: One more year reflection.

I retire last year (59 year old) . Prior to that I hung in there 18-24 months longer than I planned with a substantial payout to hang in there. Funny thing I had enough to retire 3 years prior but I thought why not take the money. I planned on buying something big ,very big! One year later can't fin...
by Wricha
Sun Sep 13, 2015 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off car loan within a week of purchase
Replies: 25
Views: 3414

Re: Paying off car loan within a week of purchase

I have done this twice with Ford. They gave me $1k off the price of the truck and they would only give the $1k off if I took the loan. The first time I think I borrowed $2k and paid it off with the first payment. The second time I think I had to borrow $8k paid it off with first payment. The Interes...
by Wricha
Sun Sep 06, 2015 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: 1 Million Dollar House, Am I Crazy?
Replies: 41
Views: 5062

Re: 1 Million Dollar House, Am I Crazy?

Justin
Let me make this easy.

Can you afford ? Yes
Are you crazy? Yes

See Beth post about keeping up with the Jones.
by Wricha
Sun Sep 06, 2015 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: 3% SWR vs buying an annuity
Replies: 22
Views: 2418

Re: 3% SWR vs buying an annuity

I think you are onto something. Annuitize a portion of your portfolio and do a systematic withdrawal of 3% with the rest. The research that I have read says that annuitizing part of your nest egg greatly reduces the risk of outliving your money. Moshe Milevsky and Wade Pfau have both written papers ...
by Wricha
Sun Sep 06, 2015 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: 3% SWR vs buying an annuity
Replies: 22
Views: 2418

3% SWR vs buying an annuity

Been thinking about annuitizing a portion of my assets as a way of added protection against the vagaries of the stock market and other factors. If someone has been fortunate enough to accumulate enough assets for SWR of 3% or less does it make sense to buy an annuity or is self insurance built into ...
by Wricha
Sun Sep 06, 2015 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Question for the Bogleheads Millionaires
Replies: 372
Views: 56318

Re: Question for the Bogleheads Millionaires

Live below your means. This is a given (self-evident) and almost makes no sense to state. What kind of millionaire ? $1-$5M can be achieved by Boglehead techniques (read 99% of the posts). People in the group are looking for security with their money. $10M+ requires more. Start and/or own a business...
by Wricha
Fri Sep 04, 2015 1:11 pm
Forum: Personal Consumer Issues
Topic: How to avoid losing a cell phone
Replies: 57
Views: 3654

Re: How to avoid losing a cell phone

I have a cell phone case that holds 3 credit cards and cash (no wallet). So I genernally remember I need money!
by Wricha
Mon Aug 24, 2015 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Extra Money from Sale of Business
Replies: 5
Views: 464

Re: Extra Money from Sale of Business

I once, was involved in the sale of company where 50+ people made life changing amount of money. When I was asked what would you do; I simple said pay off debt. Almost 5 years later not one person has regretted that choice. Try it, if you don't like that choice take out a line of credit on house int...
by Wricha
Sun Aug 23, 2015 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Extra Money from Sale of Business
Replies: 5
Views: 464

Re: Extra Money from Sale of Business

Easy - pay off Mortgage

Good for you.
by Wricha
Sun Aug 23, 2015 7:35 pm
Forum: Personal Consumer Issues
Topic: Scoring a deal on a boat
Replies: 33
Views: 3664

Re: Scoring a deal on a boat

They say the two happiest days of your life are the day you buy a boat and the day you sell it. Cute line, never thought it had any merit. If you use your boat (safely and can afford it) you can have many great memories and experiences. People who do not use their boat or worry about the $100 chees...
by Wricha
Fri Jul 31, 2015 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Who are you able to share good financial news with?
Replies: 103
Views: 9645

Re: Who are you able to share good financial news with?

This was interesting tread for me. I have been self employed for 20 years so raises and promotions were not possible. My experience would be getting a big contract. I guess I was worried that my current contracted would be my last I never shared "good news" with anyone. Maybe I did not wan...
by Wricha
Tue Jun 30, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 8763

Re: Sychrony Bank - warning

Leif,

Using Safari 8.05 still does not work. Thanks for your help. I will give up.
by Wricha
Tue Jun 30, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 8763

Re: Sychrony Bank - warning

Leif,

Using Safari 8.05 still does not work. Thanks for your help. I will give up.
by Wricha
Tue Jun 30, 2015 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 8763

Re: Sychrony Bank - warning

Do you have the flash add-in for Safari? It really shouldn't matter, but Chrome does have flash built-in. So I'm wondering... When I get home I will try my Chrome browser on their website and see what happens. I was successful in logging in using the Chrome Browser on my Macbook. It is a mystery. M...
by Wricha
Mon Jun 29, 2015 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Support for Parents
Replies: 36
Views: 4579

Re: Financial Support for Parents

12 years ago my parents moved into a very nice retirement community (independent living) the community also provides the full continuum of services (assisted living, skilled nursing). The was an up front fee around $100k (my contribution unknown to parents) between SS, savings and small pension that...
by Wricha
Mon Jun 29, 2015 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 8763

Re: Sychrony Bank - warning

Leif It is interesting they let you use Safari on their site to check rates etc. You log on then it asks for further verification, account number and that is where it breaks down. The folks at Synchony said it works on site (most of the time) but will not work in the sercure section. Chrome also doe...
by Wricha
Mon Jun 29, 2015 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 8763

Re: Sychrony Bank - warning

If you are thinking of using Sychrony Bank because of few extra bases points. You might want to reconsider : 1. If you use Safari browser (Apple) it is not supported and you can't access your account information. (I spent hours and 3 phone calls to figure out they/Sychrony are the problem) 2. If yo...
by Wricha
Mon Jun 29, 2015 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Sychrony Bank - warning
Replies: 29
Views: 8763

Sychrony Bank - warning

If you are thinking of using Sychrony Bank because of few extra bases points. You might want to reconsider : 1. If you use Safari browser (Apple) it is not supported and you can't access your account information. (I spent hours and 3 phone calls to figure out they/Sychrony are the problem) 2. If you...
by Wricha
Thu Jun 25, 2015 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 19325

Re: Is it worth aspiring to get more?

This question occupies my mind more than it should. I vacillate between some days wanting to quit, start my own consulting business, triple my current income at least, live in a downtown area of a major city and pay people to do basic life tasks for me . Other days I feel like chucking it all in, b...
by Wricha
Mon Jun 08, 2015 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: close friend found out how much I have - bad outcome
Replies: 92
Views: 10734

Re: close friend found out how much I have - bad outcome

I guess the first question you need to ask yourself is what out come do I want? If you want to prove to her that you are right by world opinion (Boglehead opinion) you will lose the friendship. Because if you are right by definition she is wrong and she is already in a bad place, so beating her up w...
by Wricha
Thu Jun 04, 2015 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: “Bridge” money/account until retirement
Replies: 13
Views: 1880

Re: “Bridge” money/account until retirement

I agree pay off Morgage. If you find out that, what you were hoping for in a new career doesn't materialize, you haven't made a bad financial decision.
I would not view this ($500k) money as a depleting asset.
by Wricha
Thu May 28, 2015 3:01 am
Forum: Personal Finance (Not Investing)
Topic: Pediatric Practice
Replies: 15
Views: 2417

Re: Pediatric Practice

If you want to make a small fortune in a pediatric practice start with a very large one. This is just a very bad idea. Why, there simply is not enough money in that business, plus no expertise, a relative, solo practice, primary care, DC area. That is Russian roulette without an empty chamber. Sorry...
by Wricha
Tue May 26, 2015 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Net Worth
Replies: 12
Views: 2737

Re: Net Worth

It's all mental masturbation. What you live on is cash flow, including it or not including is not going to change your cash flow/financial situation.
by Wricha
Tue Apr 14, 2015 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Why would anyone use Ally's 11-month CD?
Replies: 5
Views: 1271

Re: Why would anyone use Ally's 11-month CD?

Maybe they max out FDIC on banking accounts
by Wricha
Sun Apr 12, 2015 6:30 pm
Forum: Investing - Theory, News & General
Topic: Hypothetical End Game Scenario w/ 5M retirement account
Replies: 74
Views: 9342

Re: Hypothetical End Game Scenario w/ 5M retirement account

I think $200k is a good lifestyle. But as you said you can't live like a rock star. What you may consider and this is not a Boglehead like suggestion, is to make a list of things that you may want Boat, Porsche, exotic vacation give money away whatever. Then if you have a good year with your investm...
by Wricha
Sat Mar 21, 2015 5:15 am
Forum: Investing - Theory, News & General
Topic: Step callable long term CD for fixed income- pros & cons?
Replies: 17
Views: 1495

Re: Step callable long term CD for fixed income- pros & cons

I would not recommend buying this product. Because this is a callable CD, you have to keep in mind that you only receive the rates advertised if they are below-market at the time the CD is callable. The first call date is April 2018. So, really, what you are buying is a 3-year CD that pays 3%. That...
by Wricha
Sat Mar 21, 2015 4:58 am
Forum: Personal Finance (Not Investing)
Topic: To MBA or Not to MBA
Replies: 37
Views: 5470

Re: To MBA or Not to MBA

If the company pays for it. Yes. If it's out of your pocket. Don't waste your money. This, in a nutshell. I concur. I was researching MBA programs about a year or so ago, but when I really thought long and hard about it, I came to the realization that: a) I REALLY, REALLY, REALLY, don't want to tak...
by Wricha
Fri Mar 20, 2015 10:27 pm
Forum: Investing - Theory, News & General
Topic: Step callable long term CD for fixed income- pros & cons?
Replies: 17
Views: 1495

Re: 3% CD FDIC - Wells Fargo

if rates rise it won't be called and you will have it for quite awhile. If rates should go lower or stay the same, they will probably call it. You lose if rates should sink (they call it) and you lose if rates go through the roof (you are stuck with it). Only the last few years are really impressiv...
by Wricha
Fri Mar 20, 2015 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: What Age Did You First Ponder Financial Independence?
Replies: 74
Views: 8926

Re: What Age Did You First Ponder Financial Independence?

sschullo wrote:When I played Monopoly as a ten year old and I bought all of the houses and wiped everybody out. What fun!


sschullo - I have never ever lost a game of Monopoly 😄 loved that game!
by Wricha
Fri Mar 20, 2015 9:57 pm
Forum: Investing - Theory, News & General
Topic: Step callable long term CD for fixed income- pros & cons?
Replies: 17
Views: 1495

3% CD FDIC - Wells Fargo

[Thread moved into here, see below. --admin LadyGeek] [list=][/list]What do you folks think of this offer? TD Ameritrade is participating in the FDIC Insured* Wells Fargo & Company (SD) Callable Step-up CD offering. Offering details: Issuer: Wells Fargo & Company (SD) Rating: FDIC Insured* ...
by Wricha
Sat Mar 14, 2015 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 61
Views: 15071

Re: If I Knew Then What I Know Now

There are two things that one can do to stay out of poverty. One, get a high school diploma. Two, get married and don't get divorced . Seems like their half way there. I would mention how divorce and raising kids in a single person family is pretty big nut to overcome financially. I think managing c...
by Wricha
Sat Mar 14, 2015 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Do you really need 2.5 million to retire well?
Replies: 121
Views: 17687

Re: Do you really need 2.5 million to retire well?

BFG Being single requires adjustments but being single allows you to make those adjustments quickly and generally without a lot endless discussion. I do believe $2.5M is required if you want to maintain a house, a vacation home, travel and not worry about eating out whenever. Does not gaurantee livi...
by Wricha
Fri Mar 13, 2015 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Best 4-6 person tent
Replies: 20
Views: 2810

Re: Best 4-6 person tent

The best - Alaskan guide tent. It will last you a life time. http://www.cabelas.com/product/Camping/Tents-Shelters/Camping-Tents|/pc/104795280/c/104779080/sc/105590880/Cabelas-Alaskan-Guide174-Geodesic-Tent-with-Aluminum-Poles-150-6-Person/1571267.uts?destination=%2Fcategory%2FFamily-Dome-Tents%2F10...
by Wricha
Thu Mar 12, 2015 8:21 pm
Forum: Personal Consumer Issues
Topic: An arm and a leg ... for a middle finger?
Replies: 32
Views: 4298

Re: An arm and a leg ... for a middle finger?

Maybe it is me (no it is) I just could not get past "dude" when referring to your physician. You would probably get a more thoughtful responses (from me at least) had you used physician or doctor.
by Wricha
Tue Mar 03, 2015 10:32 pm
Forum: Personal Consumer Issues
Topic: Rich dad, poor dad
Replies: 31
Views: 4972

Re: Rich dad, poor dad

There is at least a small baby in that bath water you folks are throwing out. Particularly, on a macro level. 1, Knowing why people are employees (seeking security) why self employed (seeking autonomy) etc. 2. Understanding viscerally your relationship with the government as your business partner (e...
by Wricha
Tue Feb 24, 2015 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you have saved up for retirement at age 30?
Replies: 173
Views: 17317

Re: How much did you have saved up for retirement at age 30?

$0 at 30 inflation adjusted $0
Debt free by 40
Financial independent by 50 (passive income exceeded income)
Fully retired 60

OP you are in good shape don't panic. Early in life I was worried about other things (advanced education and reducing debt) was not thinking of retirement.
by Wricha
Sun Feb 08, 2015 8:41 am
Forum: Personal Finance (Not Investing)
Topic: iPhone 6 Plus: Too large or Do You Get Used to It?
Replies: 42
Views: 3911

Re: iPhone 6 Plus: Too large or Do You Get Used to It?

I thought I would try the plus and if I did not like it, I would get the six within the 15 day return window. Never thought of returning don't know how I used the 5s!
by Wricha
Wed Feb 04, 2015 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to respond when someone asks how much money you make?
Replies: 107
Views: 13070

Re: How to respond when someone asks how much money you make

I got this line from the Dalai Lama. When someone ask you a question that creates a no win situation. Simple say. "Why do you ask?"
by Wricha
Wed Feb 04, 2015 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Payoff Advice
Replies: 11
Views: 1396

Re: Student Loan Payoff Advice

No brainer - pay off loan

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