Search found 1553 matches

by hoops777
Sat Jun 24, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Costco vs. Amazon - Thoughts of Prime Members?
Replies: 30
Views: 3127

Re: Costco vs. Amazon - Thoughts of Prime Members?

One day people will be happy.All stores will be gone and all office workplaces closed.People will be able to work from home and never have to venture out into the world for anything,sitting at their computers all day,ordering everything they need online.The more health conscious will at least have a...
by hoops777
Fri Jun 23, 2017 10:38 pm
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 89
Views: 9838

Re: Zacks says sell Wellesley!?

I love Wellesley. It is made up of mostly corp bonds and "income producing"equities.(See post before mine about the constant belittling of dividend paying stocks.) It has almost no international and is a managed fund. All of these qualities are often said to be against the grain here,yet i...
by hoops777
Fri Jun 23, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy an $800k house?
Replies: 86
Views: 5276

Re: Should I buy an $800k house?

Do not just assume that if you rent you can invest the down payment you did not make and get a 6 or 7 pct return like has been suggested.Nobody knows that. If you like your jobs,like the community and want to stay there,then buy the house.It is not rocket science,it is personal. Do you know what ren...
by hoops777
Wed Jun 21, 2017 10:16 pm
Forum: Personal Consumer Issues
Topic: which IPAD?
Replies: 48
Views: 3275

Re: which IPAD?

I am not a techie but I love my iPad Pro with the 12.9 inch screen.I also have an iPad Air that is 3 years old that I take with me away from home.No need for a computer here.
by hoops777
Wed Jun 21, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: 20 pct bonus on fixed index annuity
Replies: 22
Views: 1032

Re: 20 pct bonus on fixed index annuity

Thanks everyone.I can see how people get sucked into these but I will not be one.
by hoops777
Wed Jun 21, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: 20 pct bonus on fixed index annuity
Replies: 22
Views: 1032

Re: 20 pct bonus on fixed index annuity

Yes so true.It is a good pitch.Think about it.$20,000 bonus and a pct of the return of the SP 500 with zero downside risk.You could put 100K in total bond and you are not guaranteed to have 120K at the end of 10 years.He never said what happens after 10 years so the logical assumption would be 120K ...
by hoops777
Wed Jun 21, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: 20 pct bonus on fixed index annuity
Replies: 22
Views: 1032

Re: 20 pct bonus on fixed index annuity

I went to this simply because my wife wanted a free dinner at a good local restaurant.To be honest I did not even know it was about annuities until we got there. I told my wife we were not making an appointment and she threw the stuff away.I was really just curious about the 20 pct bonus because if ...
by hoops777
Wed Jun 21, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: 20 pct bonus on fixed index annuity
Replies: 22
Views: 1032

Re: 20 pct bonus on fixed index annuity

I do not have any specifics other than what I presented.I was assuming you can cash it in at the end of 10 years.
by hoops777
Wed Jun 21, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: 20 pct bonus on fixed index annuity
Replies: 22
Views: 1032

20 pct bonus on fixed index annuity

Just curious about how an insurance company can offer a 20 pct bonus on a fixed indexed annuity.Over 10 years does that not guarantee a 2 pct return each year?With a small upside on the index part it would be much better than a cd or 10 year treasury.What is the deep dark secret about the bonus? Wou...
by hoops777
Tue Jun 20, 2017 7:25 pm
Forum: Investing - Theory, News & General
Topic: "Waiting for the Market to Crash is a Terrible Strategy"
Replies: 27
Views: 4137

Re: "Waiting for the Market to Crash is a Terrible Strategy"

The problem with waiting is that when it does take a decent size dip,you think it will dip more and hold off buying, and then it doesn't and you swear you will get it next time :D
by hoops777
Mon Jun 19, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 3555

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

michaelsieg thank you for making a reasonable point and for making it much better than I did.
by hoops777
Sun Jun 18, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 3555

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

Valuethinker and dbr I really do understand your points and thank you for making them.However I will make one last point about just seeing things one way. I give you WELLESLEY. 1-a managed fund 2-bonds mostly corporate with a longer than avg duration 3-only about 60 stocks that are INCOME oriented p...
by hoops777
Sun Jun 18, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 3555

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

Valuethinker I understand your points and you are obviously a smart person with excellent knowledge about investing. I never presented anyone as a god but was simply making a point that very smart people have different opinions.My point about Vanguard was relevant.Just because they sell billions of ...
by hoops777
Sat Jun 17, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 3555

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

You are of course correct dbr.I do believe however that this fund has quite a good history and is at the top of the chart if someone is considering this type of fund.It pays more for a reason,so choose your risk. The advisor I was referring to writes a column every Sunday in my Bay Area newspaper.He...
by hoops777
Sat Jun 17, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 3555

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

Dbr there are more ways to invest than simply following the total return mantra 100 pct. As an example,if someone at age 70 had 100,000 in the SP500 and needed $400 a month from it and had retired in the year 2000,how much would they have left in 2010?Bad luck with sequence of returns risk but I am ...
by hoops777
Sat Jun 17, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 3555

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

It may or may not be a conceptual mistake but it has worked for some very smart investment professionals who recommend it and use it for their own families. If I wanted about 400 dollars tax free income a month I would rather put it in this fund,in a Roth,then to buy an annuity,which is taxable,or t...
by hoops777
Thu Jun 15, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 4911

Re: Larry Swedroe: Stocks, Bonds, & Risk

It is 2 totally different situations regarding a person who has won the game and someone who has not.If you need stocks to get you to 30 years then you have not won the game.Risk is not defined the same in every circumstance.There are different types of risk.
by hoops777
Thu Jun 15, 2017 5:17 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 4911

Re: Larry Swedroe: Stocks, Bonds, & Risk

Honestly do not remember a situation like this with all due respect.
by hoops777
Thu Jun 15, 2017 4:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 4911

Re: Larry Swedroe: Stocks, Bonds, & Risk

June 2017 is probably one of the worst times to retire in recent memory.Stocks at an all time high with so many global issues and fixed income at pretty much an all time low.Of course I just retired :D An almost impossible situation for so many.Pick your poison.
by hoops777
Wed Jun 14, 2017 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 225
Views: 33858

Re: Regret early retirement/downsizing

We went from 2940 sq ft to a single level 1350 sq ft. 2br 2 bath with a 2 car garage.Never been happier.My wife took the mbr closet and I put my clothes in the other br closet.We live across the street from a beautiful park and we are never moving.It is a perfect size for us and too small for my wif...
by hoops777
Wed Jun 14, 2017 4:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 4911

Re: Larry Swedroe: Stocks, Bonds, & Risk

It all comes down to how much you have and how much you really actually need to live the way you want.A lot of posters are keeping their high equity into retirement.I am betting what they do not tell you,the amount of money they have,makes it a moot point.If you have 5 million and need 50 K a year f...
by hoops777
Tue Jun 13, 2017 8:44 pm
Forum: Personal Consumer Issues
Topic: which IPAD?
Replies: 48
Views: 3275

Re: which IPAD?

Excellent points by lazydavid.
Also....an iPad Air2 is quite an upgrade from the original
by hoops777
Tue Jun 13, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 225
Views: 33858

Re: Regret early retirement/downsizing

I get a kick out of some of the downsizing.For some reason the older homes built in the 1950,60's were so much smaller and often with one bath.At some point we all needed two or three times as much space :D
by hoops777
Tue Jun 13, 2017 5:08 pm
Forum: Personal Consumer Issues
Topic: which IPAD?
Replies: 48
Views: 3275

Re: which IPAD?

If you are just using it for reading and surfing the net you certainly do not need the iPad Pro.I would get a refurbished iPad Air 2
by hoops777
Tue Jun 13, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 225
Views: 33858

Re: Regret early retirement/downsizing

Just retired at 65 which is not early,but was planning on probably working into my seventies,owning my own very small business.I discovered some liability issues and did not want to restructure my business and retired within 10 days with zero preparation. I am figuring it out day by day.We babysit o...
by hoops777
Sat Jun 10, 2017 9:06 pm
Forum: Personal Consumer Issues
Topic: Switching to t-mobile from at&t...maybe
Replies: 16
Views: 1367

Re: Switching to t-mobile from at&t...maybe

My model number is sm-N910A SAMSUNG NOTE 4
by hoops777
Sat Jun 10, 2017 7:52 pm
Forum: Personal Consumer Issues
Topic: Switching to t-mobile from at&t...maybe
Replies: 16
Views: 1367

Switching to t-mobile from at&t...maybe

I was talking to the t-mobile rep and he said if I bought my phone through att that my phone will never operate at 100 pct capability when I switch providers.Is this sales talk to get me to buy new phones or is there any truth to it.Did a quick google and came up empty.
by hoops777
Fri Jun 09, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Corporate Fund Investor Shares VWEHX
Replies: 47
Views: 3555

Re: Vanguard High-Yield Corporate Fund Investor Shares VWEHX

If one is retired and is looking for a little income,you can do much worse than this fund.Put it into a Roth and the income is tax free.If one has no intention of ever selling it and uses it for tax free income throughout retirement it seems reasonable enough.Please correct me if I am wrong.
by hoops777
Wed Jun 07, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 252
Views: 16820

Re: KF's Worst Case Retirement Plan [KlangFool's]

KF you know the answer by now.There is no 100 pct certainty when you are borderline in terms of assets and you are subject to depending on the stock market to be your friend.
by hoops777
Wed Jun 07, 2017 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 252
Views: 16820

Re: KF's Worst Case Retirement Plan [KlangFool's]

KF. See how great this forum is.You just performed a great mental exercise with countless feedback from smart people and answered your questions and reaffirmed your beliefs.If you had put your last 2 posts at the beginning about your wife and kids jobs it would have eliminated a lot of posts but you...
by hoops777
Wed Jun 07, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 252
Views: 16820

Re: KF's Worst Case Retirement Plan [KlangFool's]

It is human nature to rationalize when you do not want to do something :D
by hoops777
Tue Jun 06, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 252
Views: 16820

Re: KF's Worst Case Retirement Plan [KlangFool's]

KF to say there is no safe money is pessimistic beyond reason.If you have a million dollars invested in CDs,treasuries and i bonds that is safe money.You at least know that 5 years from now you will have x amount depending upon inflation adjustments.A million in stocks could be worth anything.That i...
by hoops777
Tue Jun 06, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 252
Views: 16820

Re: KF's Worst Case Retirement Plan [KlangFool's]

Yes life is too short to be wasted getting more money.....that you do not need.Only you knows your real lifestyle and money needs and what you really need to live comfortably.I think most people here are well off and think they need way more money than they actually do,but each person has to decide ...
by hoops777
Sun Jun 04, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 252
Views: 16820

Re: KF's Worst Case Retirement Plan [KlangFool's]

KF I am 65.I am not a tech guy so I will defer to your experience saying that you cannot get another job because of blatant age discrimination,as absurd as that appears to me.With all the many companies and different philosophies and different people in charge of hiring in each company,etc.,it sound...
by hoops777
Sat Jun 03, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 252
Views: 16820

Re: KF's Worst Case Retirement Plan [KlangFool's]

Just hope that you do not experience a stock market like no other.I would never feel comfortable if I had to depend on stocks for my retirement.If you are good at your job it is difficult to believe that you can not get another similar one.Even if you have to take a big pay cut, you would still be m...
by hoops777
Sat Jun 03, 2017 8:14 pm
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 8600

Re: Everything keeps going up, this feels too easy?

I will tell you that I very clearly see a widespread attitude that the stock market is just so fantastic and there is almost certainty that it is going up and up and up. GOOD LUCK WITH THAT. Reminds me of a team,pick any sport,that has won a bunch of easy games and thinks they are way better than th...
by hoops777
Thu Jun 01, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question
Replies: 22
Views: 2141

Re: Social security question

As I said it is not simple.I did the 8 pct compounding very quickly in my head without using a calculator so I was not being exact.I guess I will find out the magic number in about 5 years.I am assuming a cola will be added yearly so happy with 3200 plus.
by hoops777
Thu Jun 01, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question
Replies: 22
Views: 2141

Re: Social security question

Thanks everyone.It sounds so simple but as this thread showed it just isn't.
by hoops777
Wed May 31, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question
Replies: 22
Views: 2141

Re: Social security question

I was simply posting the numbers given me by the SSA.So according to Phineas they calculate me making the same income until 70, but,if I take the 2420 fra number at 66 and simply add 8 pct a year I come up with 3275 without working,so I am just going to plan on it being 3200 minimum and anything abo...
by hoops777
Wed May 31, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question
Replies: 22
Views: 2141

Re: Social security question

I will turn 66 in January my full retirement age.Right now the projections say 2277 at 65......2420 at fra......3372 at 70.I am assuming no more income is calculated after reaching fra...... So when I turn 66 that total will grow 8 pct a year plus cola until I start taking it at 70. My only catch is...
by hoops777
Tue May 30, 2017 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Social security question
Replies: 22
Views: 2141

Social security question

So I retired unexpectedly a few weeks ago and I am 65.My question:is the projected payment at age 70 changed now because I will have no more earnings?Thanks.
by hoops777
Tue May 30, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Play Money for Spouse....
Replies: 138
Views: 9335

Re: Play Money for Spouse....

Personally I just do not get this thread at all.My wife is an intelligent adult and she will make reasonable decisions on what she spends and I do the same.We do not need an allowance or a spending budget because we use common sense.We have never once had an argument over spending money and have nev...
by hoops777
Mon May 29, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: "Security freeze" to prevent credit fraud
Replies: 24
Views: 2618

Re: "Security freeze" to prevent credit fraud

It is a simple process to freeze and unfreeze.
by hoops777
Sun May 21, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a 800K house?
Replies: 52
Views: 4986

Re: Can we afford a 800K house?

I want to know the guaranteed 6 plus pct return klang fool is referencing.50,000 a year in rent is a guaranteed 50,000 that you will never see again.A quarter of a million after 5 years.400,000 in the stock market is a guaranteed unknown result which could become a sizable loss.
by hoops777
Wed May 17, 2017 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Conceptual strategy to safely fund an early retirement?
Replies: 10
Views: 997

Re: Conceptual strategy to safely fund an early retirement?

Your margin for error is way too close.Too many things can happen from 47 to 70 and you do not have enough money unless you are going to live a simple life and 60k a year does not sound really simple.
by hoops777
Wed May 17, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else agree with my logic on silicon valley housing?
Replies: 84
Views: 7179

Re: Anyone else agree with my logic on silicon valley housing?

If you really like living in the Bay Area,you are 27,making more money than 99 pct of the working people in the country,so hold off on buying and save some more money.It is none of our business what your personal life is,but a lot changes if you enter into a serious relationship with someone,and if ...
by hoops777
Tue May 16, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: HSA distributions and SS
Replies: 6
Views: 398

Re: HSA distributions and SS

Great.Thanks!
by hoops777
Tue May 16, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: HSA distributions and SS
Replies: 6
Views: 398

Re: HSA distributions and SS

Thanks for the link but I still do not see an answer.I know they are tax free if used for medical expenses but I did not see anything about AGI.Muni bond interest is tax free also but counts toward AGI.Roth distributions are tax free and do not count toward AGI.
by hoops777
Tue May 16, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: HSA distributions and SS
Replies: 6
Views: 398

Re: HSA distributions and SS

Everything I find just talks about contributions so really trying to find out for certain.

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