Search found 4509 matches

by itstoomuch
Mon Oct 16, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Break-even investment on a single family home is... bad?
Replies: 3
Views: 495

Re: Break-even investment on a single family home is... bad?

OP, what you discovering is that the prices on homes have outpaced what you can get from renting it. Our second purchase (Redmond WA, which is to be used as our permanent retirement home) has a shortterm rent that has a BIG negative cap rate. This is OK since we will eventually sell our current home...
by itstoomuch
Mon Oct 16, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket in Retirement
Replies: 34
Views: 3651

Re: Tax Bracket in Retirement

BTW, I think that you will find that being in a higher marginal tax bracket, isn't so bad :idea: :greedy .
YMMV :annoyed
by itstoomuch
Mon Oct 16, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Storing Lawn Tractor over the Winter
Replies: 29
Views: 1283

Re: Storing Lawn Tractor over the Winter

Too much trouble and too much chance of problems to replace a seal.
Easier to use bed liners and a diaper.
I had '47 model and need a more reliable unit.
by itstoomuch
Mon Oct 16, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: Annuities-when and why?
Replies: 88
Views: 11831

Re: Annuities-when and why?

I have a pension, my wife's SSA, and some day my SSA. That's enough annuities for me. I think I can get a better return through investing than with annuities. For many, Me and Spouse, we have a very small pension, and we took early SS. We bought annuities as a supplement to SS and the small pension...
by itstoomuch
Mon Oct 16, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: Storing Lawn Tractor over the Winter
Replies: 29
Views: 1283

Re: Storing Lawn Tractor over the Winter

I have a 1952 8N and squirt a couple cc's of Marvel Mystery oil in each cylinder then turn the engine over a few times --- in addition to the above suggestions. Love those old Fords. I have a 1946-ish 9N, and I do absolutely nothing to it. Sometimes I don't run it for a couple of years. It sits out...
by itstoomuch
Mon Oct 16, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: Annuities-when and why?
Replies: 88
Views: 11831

Re: Annuities-when and why?

Maybe I am totally missing this. But a payout rate of 7% does not equal a 7% investment return. Your purchase price of the annuity is a sunk cost. Much of the money being returned was yours. Right? yes. But this same logic also applies to IRAs & 401k The good thing about an annuity is the predictab...
by itstoomuch
Mon Oct 16, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: Storing Lawn Tractor over the Winter
Replies: 29
Views: 1283

Re: Storing Lawn Tractor over the Winter

where do you live? Temp extremes in the winter? I have a diesel, less problems. :P For my gas engines, I just add stabilizer and sometimes leftover 2 cycle gas , run engine to get stabilizer into the carb and coat the cyclinder. Fill tank with stabilizer gas. Theoretically I will try to start engine...
by itstoomuch
Sun Oct 15, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 63
Views: 3827

Re: What do you buy in Asian food stores?

I take the measure of people on their willingness to try new foods (things) and in new combinations-permutations. Especially when it comes to Investing. :oops:
YMMV 8-)
by itstoomuch
Sun Oct 15, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 63
Views: 3827

Re: What do you buy in Asian food stores?

Victoria,
Does it really matter on what and how you prepare the food. It is food. and If you dont like the preparation, prep another way the next time.
never, turn down a hamburger, no matter how it looks or smells. :sharebeer
by itstoomuch
Sun Oct 15, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6326

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

In and around late 2007 and 2008, I read Taleb. I knew something was happening but didn't really know what but I began looking for a way to put the Market. I am really not sophisticated in Market strategies, basically a farmer. Looked at puts/calls/shorts and tried to plow thru older Bros' Seldon Na...
by itstoomuch
Sat Oct 14, 2017 10:08 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 63
Views: 3827

Re: What do you buy in Asian food stores?

Just for😀,
The Brassicacaea family has a James Bond connection. Do you know what it ? :annoyed :confused 8-)
YMMV😎
by itstoomuch
Sat Oct 14, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 63
Views: 3827

Re: What do you buy in Asian food stores?

Ramen noodles :D Many asian vegetables are belong to the cruciferous (Brassicacaea) family (https://en.wikipedia.org/wiki/Cruciferous_vegetables). When eaten raw human digestion converts the indigestible plant sugars and sulfur into HSulfides, H2 and CO2. You can mitigate being unwelcomed, by eating...
by itstoomuch
Sat Oct 14, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 40
Views: 2291

Re: Medicare Advantage vs. Supplemental

Yes.
My primary decided that she didnt want to go around Mt Hood in the winter and dodge the fires in the summer. So she up and left for Hawaii, taking her horses with her. We will be moving to WA probably in 2018 so we will change to a new Medicare plan.
by itstoomuch
Sat Oct 14, 2017 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 40
Views: 2291

Re: Medicare Advantage vs. Supplemental

^ Kaiser Permanente; $127/mn; $2500 oop; $15/visit, includes D @0-15% copay, The FA's wife is head of local Kaiser. We wanted to use our primary of 25 years.

Kaiser P with higher OOP: $44/mn, $25/visit, $4900 oop. same drug benefit
by itstoomuch
Sat Oct 14, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 40
Views: 2291

Re: Medicare Advantage vs. Supplemental

^$3400 deductible and $3400 max annual Out-of-packet.

mermaids=is the name my wife calls the Silver & Fit leader, counter help, and stretch therapist :wink:

This is the recommendation of another FA that I use. His wife (MD) is head of the local Kaiser office.
YMMV
by itstoomuch
Sat Oct 14, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: Annuities-when and why?
Replies: 88
Views: 11831

Re: Annuities-when and why?

I too have a VA at Vanguard. You can “roll over” all or a portion of variable annuity assets into an SPIA through what is known as a “1035 exchange.” This exchange avoids exposure of the assets to current taxation. We have done several such exchanges in recent years to create income. Works great an...
by itstoomuch
Sat Oct 14, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 40
Views: 2291

Re: Medicare Advantage vs. Supplemental

Moda Medicare Advantage, 2018, Oregon @ $119/mn ($117 for 2017)includes D (20% copay?), $3400 deduct, $25 copay/visit, and free gym membership which we (I) use daily because of the machines, pool, sauna, hottub, steamroom, showers, and plenty of retirees and parttime mermaid help :annoyed . it's eas...
by itstoomuch
Sat Oct 14, 2017 1:53 pm
Forum: Investing - Theory, News & General
Topic: Which would you rather own: AAPL or S&P 600 Small Cap Index?
Replies: 56
Views: 2818

Re: Which would you rather own: AAPL or S&P 600 Small Cap Index?

Depends.😎
I own individual stocks in Discretionary. Lost twice in aapl in their weak times in late 1990s and early 2000s.
I personally do not like their model as being too diversived thus I focus on single purpose companies.
I have sml caps mf/index in other financial products 🤔
by itstoomuch
Fri Oct 13, 2017 9:59 pm
Forum: Investing - Theory, News & General
Topic: For those who prefer mortgages over cash: At what rate would that switch?
Replies: 8
Views: 1466

Re: For those who prefer mortgages over cash: At what rate would that switch?

OP,Depending on where you want to have your SFH, You may be in losing position,at this time, if you hold cash or a balanced portfolio.
viewtopic.php?f=1&t=229515
YMMV
by itstoomuch
Fri Oct 13, 2017 9:47 pm
Forum: Investing - Theory, News & General
Topic: For those who prefer mortgages over cash: At what rate would that switch?
Replies: 8
Views: 1466

Re: For those who prefer mortgages over cash: At what rate would that switch?

I would switch to a better mortgage from our 4.75%, 40% down & equity (August 2017). I'd be overjoyed to just to have a 4.33% mortgage :annoyed
My remaining Discretionary $$ (after the purchase) is +10% YTD and has been 20-50% cash for 2017, currently 25%. :wink:
by itstoomuch
Fri Oct 13, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3654

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

about 10 years ago, my then 1st year med student nephew, was visiting his grandmother ( I was the caregiver). He was driving down the hill and texting. I told him that he's with grandma and he shouldn't do texting while driving. He said that he does it all the time and knows how to do this safely :o...
by itstoomuch
Fri Oct 13, 2017 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with a down payment nest egg?
Replies: 15
Views: 1565

Re: What to do with a down payment nest egg?

Zillow reports SFH, Redmond WA, had a 20% appreciation for 2017 over 2016. Expect 7% increase for 2018. Zillow reports SFH, Seattle WA, had a 16% appreciation for 2017 over 2016. Expect 7% increase for 2018. Zillow forecasted 10-12% increases in 2016 for 2017. We closed on a condo in Redmond WA, Aug...
by itstoomuch
Fri Oct 13, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with a down payment nest egg?
Replies: 15
Views: 1565

Re: What to do with a down payment nest egg?

JMO,
But your best option may be to do a purchase sooner than later. This is opposite to parking money theory in anticipation to a purchase :annoyed .
YMMV :oops:
by itstoomuch
Thu Oct 12, 2017 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Mother wants to buy house - where to park cash in meantime
Replies: 3
Views: 355

Re: Mother wants to buy house - where to park cash in meantime

I started to wind down our Discretionary Accts in Jan 2016 on the basis of high valuations, election year, and the desire of spouse to buy a home near to DS in Seattle. By late fall I was mostly cash (+20% for fiscal year 2016) and remain so to Spring 2017 where upon I essential gave up on equity Ma...
by itstoomuch
Thu Oct 12, 2017 6:06 pm
Forum: Investing - Theory, News & General
Topic: 10 year anniversary of the beginning of the Great Recession
Replies: 45
Views: 4137

Re: 10 year anniversary of the beginning of the Great Recession

I was 58 and looking forward to a comfortable retirement. At the bottom I apologized to my wife for the 50% loss in my 401k and our Ira's. Had open heart surgery that following year but stayed the course 100 equity until I turned 62 then started on a glide path towards 50/40/10 . Market was very go...
by itstoomuch
Thu Oct 12, 2017 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Are we taking too much risk with Bonds in our AA?
Replies: 25
Views: 2006

Re: Are we taking too much risk with Bonds in our AA?

We substituted bonds for GWLB Variable annuities with an all equity portfolio (No longer available in what I have seen) (Vanguard GLWB VA annuities are balanced). I had no pension and wife had only a small pension. Discretionary is all equity and cash. YMMV In our Discretionary, We do a lot of stuf...
by itstoomuch
Thu Oct 12, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Are we taking too much risk with Bonds in our AA?
Replies: 25
Views: 2006

Re: Are we taking too much risk with Bonds in our AA?

We substituted bonds for GWLB Variable annuities with an all equity portfolio (No longer available in what I have seen) (Vanguard GLWB VA annuities are balanced).
I had no pension and wife had only a small pension.
Discretionary is all equity and cash.
YMMV
by itstoomuch
Thu Oct 12, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket in Retirement
Replies: 34
Views: 3651

Re: Tax Bracket in Retirement

Hi, Bogleheads. My workplace offers Roth 401K in addition to Traditional 401K. I read that Roth is good if you expect that you'll be in a higher tax bracket in retirement. I'm currently in 25% and I'll be in a higher tax bracket prior to retirement. My question is what are the factors that one can ...
by itstoomuch
Wed Oct 11, 2017 9:54 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13549

Re: What's your asset allocation and why?

In our Discretionary, We do a lot of stuff and strategy. Currently, fairly conservative @60% cash with speculative stocks and Indexes @ 40%. Holdings can vary weekly. see below notes It's changed. Bought retirement home which is temporarily a rental. Echanged cash yielding $0.00 for downplay equity...
by itstoomuch
Wed Oct 11, 2017 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity replacing SS shortfall?
Replies: 14
Views: 913

Re: Annuity replacing SS shortfall?

JMO,
If your SS and Pension income is 66%+ of your expected living requirements, I'd skip the annuity for Income because the cost is very high. Look into LMP and funding ratio to determine requirements.
Ymmv
by itstoomuch
Wed Oct 11, 2017 2:28 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 137
Views: 13350

Re: Bogle himself is saying we will expect like 3% for the next decades

If you are going to make predictions, It is best to be more conservative than to be more aggressive. Best to be more correct than badly wrong on the wrong side :annoyed
Ymmv :oops:
by itstoomuch
Wed Oct 11, 2017 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with a down payment nest egg?
Replies: 15
Views: 1565

Re: What to do with a down payment nest egg?

For 2nd purchase:
I started to wind down Discretionary in Jan 2016. By May-June 2017, the Discretionary was ~70% cash. I continued to trade during this time. Found a place in August 2017 and used Discretionary cash for the DP. We paid 22% over asking.
Ymmv
by itstoomuch
Wed Oct 11, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with a down payment nest egg?
Replies: 15
Views: 1565

Re: What to do with a down payment nest egg?

We kept inheritance in a passbook savings. Start looking now But don't be trigger happy. Our concern was not the return of or on the money but the loss of purchasing power in 12%+, appreciating housing market. We started to look for rental properties immediately. Discovered a Seattle condo that owne...
by itstoomuch
Wed Oct 11, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13549

Re: What's your asset allocation and why?

In our Discretionary, We do a lot of stuff and strategy. Currently, fairly conservative @60% cash with speculative stocks and Indexes @ 40%. Holdings can vary weekly. see below notes It's changed. Bought retirement home which is temporarily a rental. Echanged cash yielding $0.00 for downplay equity.
by itstoomuch
Tue Oct 10, 2017 11:47 pm
Forum: Investing - Theory, News & General
Topic: input needed on this book by Robert T. Kiyosaki in the "Rich Dad" series. Helping a friend.
Replies: 7
Views: 1241

Re: input needed on this book by Robert T. Kiyosaki in the "Rich Dad" series. Helping a friend.

I'd read his books rather than buy the mentoring program. Yes, I did attend the introductory seminar. I did not buy the program. I had other fish. Yes we do own rentals and property. Yes I also do options on occasion (another seminar). Yes, financial education is important. I am the risk taker in ou...
by itstoomuch
Tue Oct 10, 2017 11:33 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6326

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

^ A bad mouthing fest, sells more books and gets more people taking sides. A good economic strategy :oops:
A love fest gets both only a glance :( .
YMMV :dollar
by itstoomuch
Tue Oct 10, 2017 7:16 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1527
Views: 270329

Re: What are you up YTD? [Year To Date]

Fiscal 12 month year, ending 10/6/2017. Currently in Preservation Mode at age 67/70. GLWB Spouse's Variable Annuities #1-4, with some qualified GLWB withdrawals, and with 3.5% fees= +13.2% GLWB Mine's Variable Annuities #5-6, with qualified GLWB withdrawals, and with 3.5% fees = +8.6% Discretionary ...
by itstoomuch
Tue Oct 10, 2017 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9289

Re: What advice to give 21 year old?

Apparently he is enough of a catch where the long option is good for all parties. I was surprised to discover how many of the kids have job offers for next year. To be allowed to recruit on campus, companies have to adhere to certain rules, e.g., no exploding offers that are only good for a week or...
by itstoomuch
Tue Oct 10, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6326

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

JMO
I think that the Prize should have gone to Asimov who popularize Psycho-History. :oops:
by itstoomuch
Mon Oct 09, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9289

Re: What advice to give 21 year old?

Didn't know he already had an internship with firm. Apparently he is enough of a catch where the long option is good for all parties. One thing about finance at high levels, is that you can not tell your mother/father or wife what is going on. Any buys and sells are run thru Compliance. Conversation...
by itstoomuch
Mon Oct 09, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9289

Re: What advice to give 21 year old?

Car battery is dead. Waiting for charger to give me enough go juice. Otherwise I'd skip posting. Ques: Did son of OP, get some type of guarantee for this future leap option of a job offer? Is this offer large enough over current offerings to account for future economic risks? What are son's options ...
by itstoomuch
Fri Oct 06, 2017 11:58 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 137
Views: 13350

Re: Bogle himself is saying we will expect like 3% for the next decades

If I can beat the Index in my Discretionary Acct, regularly, or spectacularly, I'd be pleased.
Ymmv 🤗
by itstoomuch
Fri Oct 06, 2017 11:43 pm
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7332

Re: Peter L. Bernstein: Cash BETTER than Bonds

viewtopic.php?f=10&t=229219
The Bogle 3% Solution.
Cash, with little market risk @ .01% doesn't look so bad against a long-term future average equity index return of 3% real.
YMMV :mrgreen:
by itstoomuch
Fri Oct 06, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Do you foresee a drop in housing prices in the next 5 years
Replies: 53
Views: 5309

Re: Do you foresee a drop in housing prices in the next 5 years

As the title says do you foresee a drop in housing prices due to prices being too high for new potential home buyers being priced out of the market? Edit: To clarify I am not asking if there will be another housing market crash, but that a simple supply and demand issue where prices are too high fo...
by itstoomuch
Fri Oct 06, 2017 3:11 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 1963

Re: Negotiating merit scholarships

UA is offering a merit scholarship, which is the tuition .
UA is not offering room and board which is taxable living expenses. How much is taxed to the student is another question. Also, student fees is also not merit.
YnephewMV
by itstoomuch
Thu Oct 05, 2017 10:40 pm
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 5519

Re: Does anyone hold cash?

Depends Retired. In Discretionary only., of which has been recently depleted for a home purchase. Cash holding in Discretionary is about 20% which is about enough to make two to four block purchases. Cash is about 2% of NetWorth and retirement assets. YMMV Sold a block today on a stock that popped_...
by itstoomuch
Thu Oct 05, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Annuities-when and why?
Replies: 88
Views: 11831

Re: Annuities-when and why?

tc101 wrote:
Wed Oct 04, 2017 11:25 am
I have a variable annuity at Vanguard. Can I roll that over into an SPIA?
Read your contract 😀
You have a SPIA within . if you want to annuitize your Deferred annuity you should compare what is the guaranteed SPIA in your contract vs what an SPIA can be purchased in today's market place.
YAMV
by itstoomuch
Wed Oct 04, 2017 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Do you foresee a drop in housing prices in the next 5 years
Replies: 53
Views: 5309

Re: Do you foresee a drop in housing prices in the next 5 years

Five years is a loonng time.
I challenge anyone to give a 6 month predictive, average 30 year mortgage rate, today?

How about 3 months, Jan 5, 2018?
YRateMV👽