Search found 399 matches

by hq38sq43
Fri Aug 19, 2016 10:06 pm
Forum: Personal Consumer Issues
Topic: Are you on Facebook?
Replies: 144
Views: 8364

Re: Are you on Facebook?

No. No obvious benefit to me or others I care about or who care about me.
by hq38sq43
Sat Jul 02, 2016 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Money vs. Happiness
Replies: 94
Views: 11385

Re: Money vs. Happiness

Google Paul Terhorst re very early retirement. Not for everyone, but to each his or her own.

Best wishes
by hq38sq43
Thu Jun 23, 2016 4:50 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 162
Views: 17296

Re: What's the ideal safe retirement net worth target?

Very hard to beat Jane Bryant Quinn's recent book How To Make Your Money Last on this topic.

Warm regards,
by hq38sq43
Thu Jan 07, 2016 10:44 pm
Forum: Personal Consumer Issues
Topic: What to do with my Audi A3 TDI
Replies: 54
Views: 4577

Re: What to do with my Audi A3 TDI

Bought a 2-year-old Audi in 1972 and drove it happily for 2 years. Thereafter, the steadily increasing costs of maintenance and repairs convinced me to get rid of it. Finally found a "shade tree mechanic" willing to take it off my hands for a few hundred dollars. Always thought myself luck...
by hq38sq43
Sun Nov 15, 2015 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: If I buy $20,000 of a fund, and sell it at $19,500, how much money have I lost?
Replies: 22
Views: 3558

Re: If I buy $20,000 of a fund, and sell it at $19,500, how much money have I lost?

Depends on disposition of the sale proceeds and events after the sale. The sold fund could improve or further decline in value, resulting in lost opportunity or avoidance of further real loss. Holding the proceeds pending reinvestment could similarly result in opportunity cost or avoidance of furthe...
by hq38sq43
Thu Oct 29, 2015 6:37 pm
Forum: Investing - Theory, News & General
Topic: Any books for how people become wealthy?
Replies: 67
Views: 7776

Re: Any books for how people become wealthy?

Thanks a lot of good stuff. Also a lot of post about things to do to get wealthy, but this really wasn't what I was interested in just the stories of some of the successful people. The Snowball: Warren Buffett and the Business of Life: Alice Schroeder. For me, a page-turner for several reasons, one...
by hq38sq43
Fri Oct 09, 2015 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Finances as a newlywed couple?
Replies: 29
Views: 2436

Re: Joint Finances as a newlywed couple?

Best regards,
by hq38sq43
Fri Oct 09, 2015 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Date Retirement Funds
Replies: 31
Views: 3421

Re: Vanguard Target Date Retirement Funds

See Jane Bryant Quinn's Smart & Simple Financial Strategies for Busy People for what a widely admired writer on personal money management thinks of target date funds. Hint:, she thinks they're terrific.
by hq38sq43
Sun Oct 04, 2015 3:24 pm
Forum: Personal Consumer Issues
Topic: Where in the U.S. can I buy a house for under $250k that's a nice place to live?
Replies: 152
Views: 17565

Re: Where in the U.S. can I buy a house for under $250k that's a nice place to live?

Bradenton, Florida, to which DW and I retired from Washington DC six years ago. Forty miles north is Tampa with all the usual big city stuff. Twenty miles south is Sarasota with the culture stuff DW delights in, e.g. Sarasota Opera, Sarasota Ballet, Ringling Art Museum, Selby Botanical Gardens. Brad...
by hq38sq43
Thu Sep 17, 2015 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: moving TSP funds at 59 & 1/2.... any advice?
Replies: 15
Views: 1361

Re: moving TSP funds at 59 & 1/2.... any advice?

Such decisions are, of course, personal and situational. I decided to do just the opposite. Moved all my tax qualified USAA and Fidelity money into my TSP Life Cycle 2020 account. Considered moving to Vanguard, but opted for TSP because of its G Fund, low expense ratio, and exclusive focus on federa...
by hq38sq43
Tue Aug 11, 2015 9:34 pm
Forum: Personal Consumer Issues
Topic: Anyone not own a Smartphone
Replies: 76
Views: 5192

Re: Anyone not own a Smartphone

No Smartphone, no stigma I'm aware of. Just some kidding from time to time. To each his/her own.

Warm regards,
by hq38sq43
Wed Jul 29, 2015 6:45 pm
Forum: Investing - Theory, News & General
Topic: Jeremy Grantham: The 10 Topics That Really Matter
Replies: 4
Views: 1394

Re: Jeremy Grantham: The 10 Topics That Really Matter

Charles Krauthammer, with whom I rarely agree, recently published a little book: Things That Matter. Based on the reviews, I bought a copy, read it, and was very impressed.
by hq38sq43
Wed Jul 29, 2015 11:48 am
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 271
Views: 18029

Re: Are equities really as risky as anyone thinks?

What you seem to be saying is that the fundamental returns of stocks (dividends and earnings) are more stable than the market price — which is true — but investors can't just ignore the price risk and speculative returns that are inherent in equity investing. Thanks for the chart that was illustrat...
by hq38sq43
Mon Jul 27, 2015 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling over 403b to Roth IRA for 1st home purchase
Replies: 15
Views: 730

Re: Rolling over 403b to Roth IRA for 1st home purchase

As others have suggested, useful analysis of and response to your post requires consideration of a great many variables (e.g.,personal, financial, emotional). I therefore suggest you seek out and consult a competent, reputable financial planner for further advice. Of course, finding and compensating...
by hq38sq43
Tue Jun 23, 2015 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Best Advice [Best single piece of advice to give a new investor]
Replies: 56
Views: 5724

Re: Best Advice [Best single piece of advice to give a new investor]

Read Andrew Tobias's The Only Investment Guide You'll Ever Need.
by hq38sq43
Wed Jun 10, 2015 1:41 pm
Forum: Personal Consumer Issues
Topic: Perpetual Travelling
Replies: 73
Views: 12222

Re: Perpetual Travelling

I'm hoping and planning to retire early and prior to establishing a new home base in an area with a lower cost of living, one thing I'd like to do is stash my belongings somewhere in the US (not a big deal for me) and head out for a year, likely 2 years. I am interested in visiting parts of Europe,...
by hq38sq43
Mon Jun 01, 2015 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Federal Employment
Replies: 86
Views: 11069

Re: Thoughts on Federal Employment

I recently received a job offer as a Consumer Safety Officer with the FDA. I was wondering if anyone had any knowledge of this job title or thoughts on federal employment in general. The position is in the food safety specialty and career ladders to gs 12. I currently work in a similar position for...
by hq38sq43
Wed May 27, 2015 7:20 pm
Forum: Investing - Theory, News & General
Topic: Any impartial advocates for the other point of view?
Replies: 32
Views: 3420

Re: Any impartial advocates for the other point of view?

My favorite sources of unbiased advise on personal finance and investing are: Andrew Tobias's The Only Investment Guide You'll Ever Need Jane Bryant Quinn's Smart and Simple Financial Strategies for Busy People and (much more comprehensive) Making the Most of your Money Now Taylor Larimore et al's T...
by hq38sq43
Tue May 26, 2015 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 39466

Re: much ado about coasting (through life)

Ca. 30 years ago, Paul Terhorst retired at age 35 from a major CPA firm after deciding he was working mainly to fund his assets. He liquidated virtually all the assets, bought laddered, insured CDs, wrote Cashing in on the American Dream, and since has traveled the world with his wife Vicki. The boo...
by hq38sq43
Thu Apr 09, 2015 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should I renege [on a] job offer?
Replies: 48
Views: 5851

Re: Should I renege [on a] job offer?

Alex Frakt wrote:Let me sum up what you have said so far. You like everything about the consulting job. You hate everything about the banking job. The pay at the latter is better, but the former is enough to live on comfortably and you've already accepted a position there.

Why are you even considering this?

+1
by hq38sq43
Wed Apr 08, 2015 7:32 pm
Forum: Investing - Theory, News & General
Topic: The $1 Million Goal: Source of Motivation or Discouragement?
Replies: 172
Views: 20103

Re: The $1 Million Goal: Source of Motivation or Discouragem

Whether the number is right or wrong, I think having something to aim at helps with achieving any kind of goal. You have to know where you want to go or you'll just wonder around without direction and you'll never know when you get there... wherever "there" is. If you don't know or care w...
by hq38sq43
Mon Mar 30, 2015 9:31 pm
Forum: Personal Consumer Issues
Topic: Nanny in Oakland
Replies: 3
Views: 769

Re: Nanny in Oakland

Jazztonight wrote:Do you mean late 2015 and early 2016?

Yes, thanks.
by hq38sq43
Mon Mar 30, 2015 7:08 pm
Forum: Personal Consumer Issues
Topic: Nanny in Oakland
Replies: 3
Views: 769

Nanny in Oakland

Daughter in Oakland CA needs for few weeks in late '15--early '16 reliable, competent, full-time nanny for 3-year-old and new baby. Anyone knowledgeable about going rates of such help there and how to find it?

Many thanks,
by hq38sq43
Sun Mar 15, 2015 7:06 pm
Forum: Personal Consumer Issues
Topic: Cruise.Com Bait and Switch Tactics
Replies: 28
Views: 3725

Re: Cruise.Com Bait and Switch Tactics

Sidney wrote:Several friends have taken river cruises with Viking and all have spoken highly of their experience.

+1
by hq38sq43
Sun Mar 08, 2015 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you consider mortgage payments an investment?
Replies: 58
Views: 5095

Re: Poll: Do you consider mortgage payments an investment?

Yes, in part. With reasonably good luck, a purchased home appreciates in value over the long term, as with any prudent investment. Of course, while owned, a home may increase (even spike) or decline (even plummet) in value, as with any asset. A crucial consideration is that buying a home provides bo...
by hq38sq43
Sun Mar 01, 2015 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone ever voluntarily downsized their job?
Replies: 32
Views: 3769

Re: Has anyone ever voluntarily downsized their job?

I have often thought that had I remained another year or two in my senior federal government job, my pension would have been substantially higher. But I concluded then and after 20+ retirement years conclude now that the stress would likely have substantially shortened my life and degraded its quali...
by hq38sq43
Sun Mar 01, 2015 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 410
Views: 27790

Re: Do you consider mortgage payments as savings?

Yes, if the house is a sensible purchase: significant down payment and affordable carrying cost (PITI + maintenance and repair).

Best wishes,
by hq38sq43
Wed Feb 25, 2015 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you have saved up for retirement at age 30?
Replies: 173
Views: 18331

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

$9,000 (Oppenheimer Fund installment contract w/8.5 front end load sold by neighbor who somehow learned of my 1965 FSO commissioning). Seemed a good step at the time. As DW and I learned and earned more, we met our goal of ending each year at least somewhat better off financially, if only through in...
by hq38sq43
Wed Feb 25, 2015 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone please help me with this investment thing!
Replies: 17
Views: 1589

Re: Can someone please help me with this investment thing!

Welcome to the forum. Please don't be put off by suggestions that you read "books." There are any number of good books on investing and money management, but they all say pretty much the same things, e.g., live below your means, learn the basics of investing and money management, and avoid...
by hq38sq43
Mon Feb 23, 2015 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Tax bill killing me on 401K to Roth in 2014
Replies: 27
Views: 4059

Re: Tax bill killing me on 401K to Roth in 2014

The long term benefit of rolling the entire 401k into a Roth IRA may well be substantial enough to justify borrowing whatever is needed to cover the tax cost. In today's historically low interest environment a manageable approach might be to use a home equity loan or even credit union loan (very low...
by hq38sq43
Tue Feb 10, 2015 8:21 pm
Forum: Personal Consumer Issues
Topic: I'm not a bad Boglehead [buying Powerball ticket]
Replies: 101
Views: 8352

Re: I'm not a bad Boglehead

In the brief, charming diaries his publlishers importuned him to keep toward the end of his life, Alec Guinness confessed his penchant for occasionally buying a lottery ticket or two. My Name Escapes Me: The Diary of a Retiring Actor (Penguin Books, 1998) A Positively Final Appearance (Penguin Books...
by hq38sq43
Tue Jan 27, 2015 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Bank adviser did some terrible advising...Help please
Replies: 25
Views: 2119

Re: Bank adviser did some terrible advising...Help please

You say that girl friend went to a local credit union and then spoke to the bank's financial adviser. Banks and credit unions are very significantly different, e.g. credit unions are not for profit and owned by their members, banks are typically investor owned for profit. Please clarity.
by hq38sq43
Fri Jan 23, 2015 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Grandfather wanting to transfer portfolio to kids. Question
Replies: 67
Views: 4147

Re: Grandfather wanting to transfer portfolio to kids. Ques

It seems very unlikely that someone who has cultivated on his own a $2 million portfolio is ignorant of "stepped up basis" (called by tax practitioners the "angel of death"). It means, essentially, that proceeds from sale of a gift of stock that exceed the giver's "basis&quo...
by hq38sq43
Tue Jan 20, 2015 6:16 pm
Forum: Personal Consumer Issues
Topic: Riverboat Cruising in US
Replies: 5
Views: 1058

Riverboat Cruising in US

Having enjoyed 3 Viking Riverboat Cruises in Europe in recent years, DW and I now incline to a similar cruise this year in US, probably Mississippi, but possibly Columbia or other US river. Anyone care to advise or recommend?

Many thanks,
by hq38sq43
Mon Jan 19, 2015 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: What counts as "saving"?
Replies: 128
Views: 8642

Re: What counts as "saving"?

Gill wrote:
mhc wrote:Paying off debt is spending not saving.

When you have debt you've already incurred an expense which created the debt. Reducing your debt is equivalent to saving because you are then reducing your liabilities and increasing your net worth.
Gill

+1
by hq38sq43
Sat Jan 17, 2015 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington Fund as primary retirement investment
Replies: 29
Views: 8383

Re: Wellington Fund as primary retirement investment

For many years, my IRA was 100% Wellington and I have been very happy with it. As Dirk said, for a woman in her sixties, you might consider Wellesley because of its lower equity percentage. But given that SS and an annuity are sufficient for all of her living expenses, it is probably not such a ris...
by hq38sq43
Thu Jan 15, 2015 2:52 pm
Forum: Investing - Theory, News & General
Topic: How does an Efficient Market explain Buffett?
Replies: 257
Views: 17488

Re: How does an Efficient Market explain Buffett?

Three books that shed considerable light on Buffett's life and financial success: The Snowball: Warren Buffett and the Business of Life by Alice Schroeder The Essays of Warren Buffett: Lessons for Corporate America, Third Edition, edited by Lawrence A. Cunningham The Intelligent Investor: The Defini...
by hq38sq43
Mon Jan 12, 2015 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Ever get 'Antsy' following BH
Replies: 26
Views: 3320

Re: Ever get 'Antsy' following BH

A golfer can always go for the green. A tennis player can always go for the winning cross-court or up-the-line winner. An investor can always try to beat the market by buying individual stocks, managed mutual funds, or other "market beating investments." Bogleheads responsible for the fina...
by hq38sq43
Sun Jan 11, 2015 8:27 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1904
Views: 449802

Re: What Movie Have You Recently Watched?

The Americanization of Emily (1964). Great Directo: Arthur Hiller; Great cast: James Garner, Julie Andrews, Melvyn Douglas, James Coburn, Joyce Grenfell, Keenan Wynn, Edward Binns, et al; quirky story set in England just before 1944 D Day invasion. Proudly coward admiral's "dog robber" (ad...
by hq38sq43
Fri Jan 09, 2015 10:26 pm
Forum: Personal Consumer Issues
Topic: Thinking about retirement - it's depressing
Replies: 80
Views: 10130

Re: Thinking about retirement - it's depressing

I've extensively travelled the world while on expat assignments, and while I love my family I need a daily break from them How much time have you really spent with your family? I'm guessing you've worked very hard and a lot of hours with a lot of travel to achieve all your goals at 38. What do you ...
by hq38sq43
Thu Jan 08, 2015 10:25 pm
Forum: Personal Consumer Issues
Topic: Thinking about retirement - it's depressing
Replies: 80
Views: 10130

Re: Thinking about retirement - it's depressing

From 1971 (when our son was born) until 1991, when severe agency down-sizing resulted in my taking early retirement (at age 53) from a senior attorney job in a federal bank regulatory agency, I took great satisfaction in earning a comfortable living for my family. Occasionally, I reflect on the nega...
by hq38sq43
Thu Jan 08, 2015 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Just left meeting with my advisor....
Replies: 57
Views: 8941

Re: Just left meeting with my advisor....

Your might enjoy and benefit from Fred Schwed's "Where are The Customers' Yachts?"

Best wishes,
by hq38sq43
Wed Dec 31, 2014 2:59 pm
Forum: Personal Consumer Issues
Topic: Games
Replies: 38
Views: 5073

Re: Games

Card Games: Ely Culbertson's Jo Jotte, Gin Rummy, Canasta

Board Games: Scrabble, Checkers

All easy to learn and fun to play

Happy New Year,
by hq38sq43
Thu Dec 18, 2014 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Term life insurance- I don't have it. Do I need it?
Replies: 19
Views: 2706

Re: Term life insurance- I don't have it. Do I need it?

That you don't need whole life insurance is pretty clear. How much term insurance you need is less clear, depending e.g., on you wife's earning potential. and her and the children's emotional and other needs. Could she earn enough to hire a true surrogate (fill-in for her) with with only a portion o...
by hq38sq43
Thu Dec 18, 2014 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Term life insurance- I don't have it. Do I need it?
Replies: 19
Views: 2706

Re: Term life insurance- I don't have it. Do I need it?

Congratulations on thinking about life insurance. It is a very grown-up subject. A great many people who should think about life insurance don't. Chapter 21 of The Bogleheads' Guide to Investment has a good, brief introduction to insurance, including a very brief introduction to life insurance. Chap...
by hq38sq43
Thu Dec 11, 2014 1:45 pm
Forum: Personal Consumer Issues
Topic: Documentaries to recommend?
Replies: 138
Views: 20015

Re: Documentaries to recommend?

One Bright Shining Moment: The Forgotten Summer of George McGovern (2005). [Political comments removed by Mod Mel.}
by hq38sq43
Tue Dec 09, 2014 10:56 pm
Forum: Personal Consumer Issues
Topic: What is the best meal you've had at a restaurant?
Replies: 119
Views: 13380

Re: What is the best meal you've had at a restaurant?

Rack of lamb at a neighborhood restaurant DW and I stumbled on in Sidney many years ago during our only visit to Australia. My request for mint sauce conveyed to the chef resulted in one he whipped up just for us. My first ever request to congratulate a chef for an outstanding meal was rewarded by h...
by hq38sq43
Tue Dec 09, 2014 7:30 pm
Forum: Investing - Theory, News & General
Topic: Fundamental Theory of Index Investing
Replies: 16
Views: 1657

Re: Fundamental Theory of Index Investing

The best case I know of for index investing is Jack Bogle's The Little Book of Common Sense Investing. It's short, well written, and very persuasive. If you read it and thereafter decide to play the "loser's game" of active investing, more power to you. You might be among those talented, d...
by hq38sq43
Mon Nov 24, 2014 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend with a LOT of Student debt.
Replies: 166
Views: 16340

Re: Girlfriend with a LOT of Student debt.

Have you considered sharing the cost of a session or two for her with a fee-only CFP (Certified Financial Planner)? That would demonstrate your commitment to her and possibly provide the basis for the two of you to put your obviously smart heads together to work out a solution to a very difficult co...

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