Search found 454 matches

by burt
Fri Nov 25, 2016 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on AA for the retired
Replies: 44
Views: 4211

Re: Thoughts on AA for the retired

Age 60 and 1 year into retirement.
30 stock/70 bond.
Modest savings for a modest lifestyle.
A bad sequence of returns in early retirement would result in painful years down the road.

burt
by burt
Fri Nov 25, 2016 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help with son's 2055 Target fund vs my construct
Replies: 15
Views: 953

Re: Help with son's 2055 Target fund vs my construct

livesoft wrote:My kids are invested in Target Retirement funds so that they don't have to think about it and neither do I.


Very Good.
I like your response and it gave me a chuckle.

burt
by burt
Wed Nov 23, 2016 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Which single fund to invest in for widow?
Replies: 20
Views: 2200

Re: Which single fund to invest in for widow?

Grt2bOutdoors wrote:Single Premium Immediate Annuity.
If there is anything left after needs, Target Retirement Income. Or....just Target Retirement Income.


Very good.
Single Premium Immediate Annuity for essential needs.
What's left over... evaluate suggestions by others.

burt
by burt
Mon Nov 21, 2016 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Double Check Figures: Affording $1M Home
Replies: 81
Views: 6489

Re: Double Check Figures: Affording $1M Home

The numbers from all previous posts blow my mind.
Hard work, high costs, high stress.
I suggest concentrating on the quality of life.

burt
by burt
Sat Nov 05, 2016 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Why do people use banks?
Replies: 66
Views: 5383

Re: Why do people use banks?

After the 2008-2009 debacle, I just don't trust big banks.
The recent Wells Fargo crime supports my belief.
I've been a credit union member for 30+ years.

burt
by burt
Fri Oct 28, 2016 6:05 am
Forum: Investing - Theory, News & General
Topic: The riskiness of home ownership
Replies: 239
Views: 15346

Re: The riskiness of home ownership

The median American stays in their home for 5.9 years. 6% commissions + all the other stuff needed to buy a house -- I think the proper response is ouch. Seems like "they" need high investment returns to keep up with the churn. This is where the risk is. The average American has a much hi...
by burt
Sat Oct 22, 2016 5:43 pm
Forum: Personal Consumer Issues
Topic: Replacement Windshield Wiper Blades
Replies: 38
Views: 3015

Re: Replacement Windshield Wiper Blades

Update: Went to auto parts store #1. Sales person entered my auto (2010 Toyota Avalon) into the computer and asked to look at the auto. I didn't feel confident at this point. Sales person indicated that they only had Trico blades in stock. I told him of my bad experience with Trico and proceeded to ...
by burt
Sat Oct 22, 2016 6:08 am
Forum: Personal Consumer Issues
Topic: Replacement Windshield Wiper Blades
Replies: 38
Views: 3015

Re: Replacement Windshield Wiper Blades

Thanks for the feedback.

I didn't return the blades because I lost the receipt. :-(
A streaky windshield drives me nuts, especially when driving in heavy traffic.
Rubber degrades with age (like tires). I replace wiper blades at least annually.

burt
by burt
Fri Oct 21, 2016 6:21 pm
Forum: Personal Consumer Issues
Topic: Replacement Windshield Wiper Blades
Replies: 38
Views: 3015

Replacement Windshield Wiper Blades

Wondering if anyone has a preference for automobile windshield wiper blades. Just purchased Trico Flex blades. Spent 30 minutes trying to figure out the instructions. (Supposedly the blades fit 6 options of arms.) Spent another 30 minutes trying to force the blades into the wiper arms. I gave up and...
by burt
Sun Sep 11, 2016 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions of the Couch Potato Retirement Portfolio
Replies: 9
Views: 1156

Re: A simple retirement portfolio

In Ben Stein's book YES, YOU CAN STILL RETIRE COMFORTABLY he recommends the couch potato portfolio for retirement, which is basically 50% of your money in a total stock index and 50% in a total bond index. He also offers a slightly refined version which is 25% total U.S. bond market index, 25% tota...
by burt
Sat Sep 10, 2016 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Why are Treasury prices AND Stock prices both down today?
Replies: 45
Views: 4425

Re: Why are Treasury prices AND Stock prices both down today?

If money is coming out of stocks and not going into bonds, where is it going? The mental model that market assets move up and down in price due to money moving elsewhere is not correct, in spite of what market commentators like to say. After all, an asset isn't just "sold", it's at the sa...
by burt
Fri Sep 09, 2016 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Why are Treasury prices AND Stock prices both down today?
Replies: 45
Views: 4425

Re: Why are Treasury prices AND Stock prices both down today?

... If money is coming out of stocks and not going into bonds, where is it going? Money does not have to go anywhere when Mr. Market changes his mind about what prices should be. Very good. Kind of like houses similar to yours selling for $500,000 last year now selling for $450,000 this year. Where...
by burt
Sat Aug 27, 2016 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Fear and Trembling (Aug. 31st is my last day at work)
Replies: 77
Views: 9627

Re: Fear and Trembling (Aug. 31st is my last day at work)

Throughout history even Kings retire. By their choice, or the choice of others.
Don't fight it.

burt
by burt
Fri Aug 26, 2016 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowners should consider flood insurance
Replies: 78
Views: 6907

Re: Homeowners should consider flood insurance

Recently bought a retirement home.
The home is not in a flood area so flood insurance is not required.
Nobody has any memory of this area ever flooding.

After the Louisiana floods..... I'm buying flood insurance.

burt
by burt
Fri Aug 26, 2016 5:35 pm
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 61
Views: 13711

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

Taylor, thanks for reminding people of this article. I recently retired at age 60 with a modest income over 40 years and modest savings. A bad sequence of returns is a big deal for me. 30/70 stock/bonds is my sleep well at night point. Just want to make sure I can afford a restaurant once a week. burt
by burt
Sun Aug 21, 2016 5:12 pm
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 105
Views: 8422

Re: The True Cost of Owning a Dog

We are empty nesters now, and if it weren't for our rescue pit, we would have an apartment in NYC. I don't think she'd like that, so we stay here in the suburbs. I have no idea what price tag to put on that, but it is worth it when she curls up with us to watch TV in the evening. She's not a very h...
by burt
Sat Aug 20, 2016 6:57 pm
Forum: Personal Consumer Issues
Topic: Instant oatmeal vs "regular" oatmeal
Replies: 76
Views: 6444

Re: Instant oatmeal vs "regular" oatmeal

Another reason to eat Oatmeal. burt "So, why are there no GMO oats? There are a bunch of reasons, but the main one is, not surprisingly, money. There simply aren’t enough oat farmers in the world, or enough oats grown, to create sufficient demand to justify the incredibly expensive research tha...
by burt
Sat Aug 20, 2016 6:40 pm
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 105
Views: 8422

Re: The True Cost of Owning a Dog

The vet remarked that our dog (6 years old) is one of the few they see with no health problems. We attribute this to a good healthy diet. Dogs, like people require good food for good health. Don't be cheap on dog food, or you will pay expensive health bills down the road. Nonsense. We have 2 dogs o...
by burt
Fri Aug 19, 2016 8:02 am
Forum: Personal Consumer Issues
Topic: Has your workplace transitioned to "open/collaborative space?"
Replies: 85
Views: 8128

Re: Has your workplace transitioned to "open/collaborative space?"

I found it amusing when my department wanted to physically pull the project team together to improve collaboration, and productivity. However with half of the project team located 5000 miles away with 11 hours time zone difference, that didn't seem to be an issue because they worked much cheaper tha...
by burt
Thu Aug 18, 2016 7:27 pm
Forum: Personal Consumer Issues
Topic: Has your workplace transitioned to "open/collaborative space?"
Replies: 85
Views: 8128

Re: Has your workplace transitioned to "open/collaborative space?"

My previous employer (big 4 CPA firm) was transitioning all of its offices to this new style office. It allows the company to reduce the size of the office and cram more people into less space. At the end of the day, the public accounting industry doesn't care what its employees think and was reduc...
by burt
Thu Aug 18, 2016 7:51 am
Forum: Personal Consumer Issues
Topic: The True Cost of Owning a Dog
Replies: 105
Views: 8422

Re: The True Cost of Owning a Dog

The vet remarked that our dog (6 years old) is one of the few they see with no health problems.
We attribute this to a good healthy diet.
Dogs, like people require good food for good health.
Don't be cheap on dog food, or you will pay expensive health bills down the road.
by burt
Sun Aug 14, 2016 7:37 pm
Forum: Personal Consumer Issues
Topic: What does the BH community do with their pets when they travel?
Replies: 60
Views: 3500

Re: What does the BH community do with their pets when they travel?

We will be doing a 1200 mile move in the near future. Flying is out of the question because wife does not trust airlines with the little dog. OK, we will drive. When making hotel reservations noticed that "pet friendly" hotels seem to be pretty pricey. That's OK. We do what ever is needed ...
by burt
Sun Aug 14, 2016 6:30 pm
Forum: Personal Consumer Issues
Topic: Are you on Facebook?
Replies: 144
Views: 9131

Re: Are you on Facebook?

No I am not on Facebook. Talked to others who are.... and confirmed I have no interest.

edit:
Pretty sure I don't want to know the minutia of acquaintances.
The small group of people I'm close to use face to face, phone call, text, email, and postal service.

burt
by burt
Sun Aug 14, 2016 6:20 pm
Forum: Personal Consumer Issues
Topic: Request for recommendations: English Mystery TV series
Replies: 82
Views: 5177

Re: Request for recommendations: English Mystery TV series

I really enjoyed "Happy Valley" and "Last Tango in Halifax" with Sarah Lancashire.

burt
by burt
Sat Aug 13, 2016 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-nup questions
Replies: 35
Views: 4446

Re: Pre-nup questions

Their lives would be much simpler if they did not get married, it seems to me. They could do powers of attorney for healthcare, etc. +1 At that age ? There is no good reason for them to get married. Romance and finances don't mix. Maybe write a $250,000 check and see what happens. Cheap insurance. ...
by burt
Sat Aug 13, 2016 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Better to sell house ~ every 15 years?
Replies: 40
Views: 5064

Re: Better to sell house ~ every 15 years?

Unless you are lucky and find yourself in a fairly hot market, you'd probably have trouble selling a house with a 15 year old roof, HVAC, paint and carpet. Selling houses is easy in any market. You just have to price it right. Somebody will jump on that unmaintained house because it lists for 50k l...
by burt
Sat Aug 13, 2016 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Better to sell house ~ every 15 years?
Replies: 40
Views: 5064

Re: Better to sell house ~ every 15 years?

During my morning walk I am absolutely amazed at the army of service vehicles parked on the street. This is a 1970's era neighborhood with homes in the $400,000 - $600,000 range in a medium cost of living area (south east Texas). -plumbers -painters -foundation repair -landscape -window replacement ...
by burt
Sat Aug 13, 2016 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Any lawyers out there. Bike hits car, minor and parents have no insurance
Replies: 91
Views: 7161

Re: Any lawyers out there. Bike hits car, minor and parents have no insurance

You gotta be kidding me !
Absolutely forget it, and be very thankful you didn't hit the person.

burt
by burt
Fri Aug 05, 2016 7:22 pm
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 98
Views: 10173

Re: Stats on Americans 'cutting the cable' ?

Non7WoodUser wrote:We considered it, but realized that we would not get fair and balanced news via FoxNews without cable.


That's a good one. 8-)
by burt
Fri Aug 05, 2016 6:49 pm
Forum: Personal Consumer Issues
Topic: Suckered into Marriott Kauai Timeshare Presentation
Replies: 101
Views: 11527

Re: Suckered into Marriott Kauai Timeshare Presentation

Oh forget it.
Rent a cottage or cabin within 2 hours driving time of home.
Spend some time on the lake or ride horses with the kids.
The kids (and you) will probably enjoy this more than a big event in Hawaii....unless everyone is accustomed to extravagant vacations.

burt
by burt
Thu Aug 04, 2016 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Very late to the party.
Replies: 10
Views: 1880

Re: Very late to the party.

Enjoy. You have enough.
If work makes you feel better.... do anything.
Donating your time to charitable causes may be most rewarding.

burt
by burt
Sun Jul 31, 2016 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: When your work schedule starts affecting your work-life balance
Replies: 148
Views: 12653

Re: When your work schedule starts affecting your work-life balance

When job changed to 24/7 on call..... I gave notice.
(but not after I had secured another job.)

burt
by burt
Sun Jul 31, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: What does a real estate oil bust look like
Replies: 18
Views: 2117

Re: What does a real estate oil bust look like

Sorry for the false alarm.
I'm sure everything is going to be OK.
Neighbors, and friends must be a "one off".
Let's revisit this topic in 3 months.
(this is not my first rodeo.)

burt
by burt
Sat Jul 30, 2016 9:14 am
Forum: Personal Finance (Not Investing)
Topic: What does a real estate oil bust look like
Replies: 18
Views: 2117

Re: What does a real estate oil bust look like

If you want to know what an oil bust (bubble) looks like take a look at Zillow in Katy Texas. Absolutely remarkable. 1000 homes for sale or rent. Equally remarkable is a news black out of the real estate bust. So sorry for the families affected by this. There is no bust in Katy. You should do some ...
by burt
Sat Jul 30, 2016 7:44 am
Forum: Personal Finance (Not Investing)
Topic: What does a real estate oil bust look like
Replies: 18
Views: 2117

Re: What does a real estate oil bust look like

I agree real estate "bust" is probably too strong a word. "soft market" is an understatement. Prices in Katy are trying to hang on ... for now. I noticed that 1/3 of homes are for rent. This is high. I'm guessing homes are up-side-down. 1/3 of homes on market for 90 days or more....
by burt
Fri Jul 29, 2016 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: What does a real estate oil bust look like
Replies: 18
Views: 2117

What does a real estate oil bust look like

If you want to know what an oil bust (bubble) looks like take a look at Zillow in Katy Texas. Absolutely remarkable. 1000 homes for sale or rent. Equally remarkable is a news black out of the real estate bust. So sorry for the families affected by this. http://www.zillow.com/homes/for_sale/6m_days/2...
by burt
Wed Jul 27, 2016 7:44 am
Forum: Investing - Theory, News & General
Topic: John Bogle's home
Replies: 36
Views: 6874

Re: John Bogle's home

Honestly, I'm from a different generation than my parents. I asked them why they bought such a large home with a vast front yard and gigantic backyard in 1967. They told me it was so the kids could play outside. Some 50 years later, and with regular heat waves.. that doesn't look so much like a thi...
by burt
Tue Jul 26, 2016 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Traits of Happiest Retirees
Replies: 82
Views: 12512

Re: Traits of Happiest Retirees

alamander wrote:Interesting thread. I like what aphorist Nicolás Gómez-Dávila said: "To live with lucidity a simple, quiet, discreet life, among intelligent books, loving a few beings." Somehow it makes me peaceful just to read this...



Very good. For some reason this quote struck home.

burt
by burt
Sun Jul 24, 2016 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement, House, Kids - How to afford all three?
Replies: 61
Views: 5297

Re: Retirement, House, Kids - How to afford all three?

Really good question. I'm a Boomer 60 years old. Started work in 1970's in auto industry. Retirement, house and kids was the norm in the 70's even for hourly labor. Times have changed..... How to afford all three these days ? That is a really good question. Maybe work harder, work longer, and keep t...
by burt
Sat Jul 23, 2016 6:03 pm
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 9383

Re: Reliving the Nightmare of the Crisis

I'll never forget how it seemed like every morning waking up to hear about another large financial institution going under or about to: Lehman Brothers, Wachovia, National City, AIG, Citibank, Countrywide. Many of them were old enough to survive the Great Depression but couldn't survive the Great R...
by burt
Sat Jul 23, 2016 3:11 pm
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 9383

Re: Reliving the Nightmare of the Crisis

I'll never forget how it seemed like every morning waking up to hear about another large financial institution going under or about to: Lehman Brothers, Wachovia, National City, AIG, Citibank, Countrywide. Many of them were old enough to survive the Great Depression but couldn't survive the Great R...
by burt
Sun Jul 17, 2016 7:41 pm
Forum: Personal Consumer Issues
Topic: Retired a year - big loss [ :) ]
Replies: 25
Views: 5150

Re: Retired a year - big loss [ :) ]

Since retiring I love taking my little dog for walks.
Good for me. Good for him.

burt
by burt
Sat Jul 16, 2016 7:35 pm
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 168
Views: 12861

Re: What kind of car do Bogleheads like to drive?

I love my 2010 Toyota Avalon XLS.
Bought used in 2011 with 15,000 miles. Now has 40,000 miles.
Seems like low mile Avalon's are pretty rare these days.

burt
by burt
Sat Jul 16, 2016 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should I put a Credit Freeze on my accounts?
Replies: 37
Views: 4802

Re: Should I put a Credit Freeze on my accounts?

Yes, most definitely.
Froze my credit report several years ago.
Had to unfreeze when applying for mortgage. 3 x $10 = $30.
Had to unfreeze when applying for electronic Social Security statements. 1 X $10 = $10

I will gladly pay unfreeze fees for some peace of mind.

burt
by burt
Sat Jul 16, 2016 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Traits of Happiest Retirees
Replies: 82
Views: 12512

Re: Traits of Happiest Retirees

Retirement is pretty easy if your job sucked.
Hell, watching the plants grow is a treat.
I know several who never made it to retirement.
Don't over think this retirement thing. You are not immortal.

burt
by burt
Sat Jul 09, 2016 7:43 pm
Forum: Personal Consumer Issues
Topic: Safe, affordable European cities to travel?
Replies: 38
Views: 3878

Re: Safe, affordable European cities to travel?

Compared to US cities, I consider most European cities safe.

burt
by burt
Sat Jul 09, 2016 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: To TIPS or Not to TIPS
Replies: 45
Views: 4490

Re: To TIPS or Not to TIPS

Retired, age 60.
No need to take risk.
Don't have the ability or willingness to take risk.
30/70 stock/bond.
Half of bond investments (35% of total) are in TIPS.
I am comfortable with this allocation.

burt
by burt
Sun Jul 03, 2016 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Company Being Acquired - Any Advice?
Replies: 51
Views: 5870

Re: Company Being Acquired - Any Advice?

My advice: Start looking now.
Negotiations with new potential employer are better handled from a position of strength.
The severance package gets burned up pretty quick.

burt
by burt
Sun Jul 03, 2016 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Hedging against home value decrease
Replies: 42
Views: 3266

Re: Hedging against home value decrease

The big "if" in this equation is... how stable is your job?

My experience:
When stuff hits the fan... job is gone... can't sell the house.

burt
by burt
Tue May 24, 2016 8:31 am
Forum: Investing - Theory, News & General
Topic: Why do we believe in the market?
Replies: 59
Views: 6022

Re: Why do we believe in the market?

In this thread I've read that businesses have to grow. Why ? Example: Suppose I have a small business that provides $50,000 income per year (adjusted for inflation). I'm happy with that, and will only invest enough into the business to produce $50,000/year for 40 years. At the end, I sell the busine...

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