Search found 442 matches

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: 73
Views: 7716

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: 75
Views: 5565

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: 55
Views: 10672

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: 7357

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: 51
Views: 3318

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: 7357

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: 7330

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: 7330

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: 7357

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: 3054

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: 7927

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: 74
Views: 4071

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: 4248

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: 4895

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: 4895

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: 6469

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: 9658

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: 98
Views: 9848

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: 1790

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: 144
Views: 11401

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: 2004

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: 2004

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: 2004

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: 2004

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: 6633

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: 12069

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: 4978

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: 8743

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: 8743

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: 4966

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: 123
Views: 8338

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: 4630

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: 12069

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: 3712

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: 4092

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: 36
Views: 4022

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: 3092

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: 5797

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...
by burt
Tue May 24, 2016 8:01 am
Forum: Investing - Theory, News & General
Topic: Rebalancing in Retirement.
Replies: 35
Views: 3321

Re: Rebalancing in Retirement.

Antiqueman, If you adopt a fairly conservative asset allocation in retirement, between 50% and 75% in bonds, and take your withdrawals once a year, you won't need to rebalance much. At the time of withdrawal, you simply have to calculate the target amounts of stocks and bonds, and take your withdra...
by burt
Sun May 22, 2016 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plans - One Year to Go
Replies: 25
Views: 2840

Re: Retirement Plans - One Year to Go

Tell your brother he should be farting through silk... He won. Good one and I agree. :sharebeer It's time to celebrate! Enjoy! Ages 64 and 64. SS and Pension = $90,000 /yr Savings: $2,000,000 Expenses: $40,000/yr Please go back in time and retire 5 years ago. burt edit: hope to add something more c...
by burt
Sat May 21, 2016 6:36 pm
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 20193

Re: Is there a such thing as a blue collar Boglehead?

So many here are doing well. High net worth with problems related to how to diversify and manage all of that. Many people thinking of working until 70. Are there any blue collar workers in BH land? People whose jobs are probably not much fun when you reach your sixties. When the physical demands ar...
by burt
Sat May 21, 2016 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Rebuilding our house for $1.5M: Bad Idea Financially?
Replies: 91
Views: 8744

Re: Rebuilding our house for $1.5M: Bad Idea Financially?

Add onto the present house to accomidate the kids. Visiters can use this new, trendy thing called a hotel. If they want to go total hipster, they could do air bnb. Why do you feel you have to build a hotel for visiters? Extra rooms for visitors ? In your situation, I would pay to accommodate visito...
by burt
Fri May 20, 2016 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Rebuilding our house for $1.5M: Bad Idea Financially?
Replies: 91
Views: 8744

Re: Rebuilding our house for $1.5M: Bad Idea Financially?

$1.5M for home addition/renovation ?
You just blew my mind.
I am not even close to being qualified to giving you advice.

However as an actionable item:
Maybe consider a California Monastery Retreat to clear your mind.

burt
by burt
Sun May 15, 2016 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Won the game - time to quit playing?
Replies: 46
Views: 7995

Re: Won the game - time to quit playing?

You likely have a self-defeating mindset if you're viewing these issues as a game that must be won or lost. I agree about the terminology, but for anything in life, if you are trying to reach a goal and you do, should you not stop and be done? Especially if continuing may jeopardize the accomplishm...
by burt
Sat May 14, 2016 6:37 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 61
Views: 6966

Re: Jim Cramer doesn’t beat the market

Toons wrote:Cramer is entertaining. :happy


I agree, he is entertaining. From reading/watching interviews I think he is a pretty decent guy.
Watch him for entertainment, not investing advice.

burt
by burt
Sat May 14, 2016 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Safe? In Trouble? - 401K Retirement
Replies: 13
Views: 1705

Re: Safe? In Trouble? - 401K Retirement

Think "Income Leveling".
Run retirement calculations with the intent of maintaining your current (working) standard of living in retirement.
Your current standard of living is reduced because you are saving a fair amount for retirement.

burt
by burt
Fri May 13, 2016 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: What was your hardest retirement transition?
Replies: 61
Views: 9501

Re: What was your hardest retirement transition?

In my 5th month of retirement. More of an adjustment for my wife than me.
Retirement is pretty easy if you didn't like your job(s) for the past 15 years.
Sunday afternoons are no longer filled with dread.

burt
by burt
Fri May 13, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: How much pay cut would you tolerate moving from private industry to federal government
Replies: 23
Views: 1818

Re: How much pay cut would you tolerate moving from private industry to federal government

Having retired from private industry after 40 years......... I would take a 25% cut if it meant some job stability, no OT (or at least compensated OT), and normal hours. On call 24/7 is painful. A pension is a big deal.

burt
by burt
Thu May 12, 2016 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Downsize to One Auto in Retirement ?
Replies: 43
Views: 3497

Re: Downsize to One Auto in Retirement ?

We have had one car here in San Diego county for the last 6 months. So far it's not too much of a problem. I did have to rent a car for a day when the car was in the shop for body work - didn't want to wait around all day. I suppose that's a lot cheaper than depreciation and insurance on a second c...
by burt
Thu May 12, 2016 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Downsize to One Auto in Retirement ?
Replies: 43
Views: 3497

Downsize to One Auto in Retirement ?

Wondering if there are any couples who have downsized to one auto in retirement ?
Is one auto working out OK for both of you ?

burt

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