Search found 64 matches

by rick2427
Mon Mar 20, 2017 7:00 pm
Forum: Personal Consumer Issues
Topic: $464.12 dinner bill last night. No regrets.
Replies: 78
Views: 9556

Re: $464.12 dinner bill last night. No regrets.

Great story and glad you thanked your aunt and uncle in a nice way.

Best Wishes!
by rick2427
Fri Feb 17, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with cash set aside for taxes next year?
Replies: 7
Views: 570

Re: What to do with cash set aside for taxes next year?

I am in a similar situation. I thought of doing a 1031 exchange but do not have the desire to manage rentals anymore. My accountant suggested that i invest in NNN leased properties that are leased to national tenants or invest in DST's that invest in NNN properties. You can expect 5-6% return on you...
by rick2427
Sun Feb 12, 2017 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Investments for a Non-Profit
Replies: 6
Views: 309

Re: Short Term Investments for a Non-Profit

We invested $250K in 2 brokeregae CD's (6 & 9month CD's) for our church with TD Ameritrade .
APR = 1.35%.
by rick2427
Sun Jan 29, 2017 11:58 pm
Forum: Investing - Theory, News & General
Topic: Try and hit it big with 25% of your portfolio?
Replies: 51
Views: 5027

Re: Try and hit it big with 25% of your portfolio?

It would be interesting to know what percentage of BH are aware of the existence of AWS. Have owned AMZN (one of 12 individual stocks in my portfolio). Have 15% of my portfolio in individual stocks, the rest in index funds. Very pleased with AMZN which is now 3% of the portfolio followed by BRK.B (...
by rick2427
Wed Jan 11, 2017 2:47 am
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 18808

Re: Sad News About a Respected Forum Member

Sorry to hear about Ole Meph's condition.

May God give him strength as he battles to survive!

Rick
by rick2427
Wed Jan 11, 2017 2:40 am
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 6956

Re: How to politely fire my financial advisor

When I fired my FA several years ago, I wrote an email to him something like this: Dear FA, I am consolidating/simplifying all of my and my wife's accounts. In the process, we have also realized that going with no-load, low ER funds was best for us in the future. As such, I have decided and initiat...
by rick2427
Sun Dec 25, 2016 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Too much overlap between 2 funds?
Replies: 15
Views: 1475

Re: Too much overlap between 2 funds?

Johnny M: I subscribe to AAII.com as well and am familiar with the Level3 portfolio which involves 4 funds: 1. 40% in RSP- Guggenheim S&P 500 equal weighted fund 2. 20% in EQAL - Powershares Russell 1000 equal weighted portfolio 3. 20% in VNQ- Vanguard REIT ETF 4. 20% in VOE - Vanguard Mid Cap V...
by rick2427
Sat Dec 24, 2016 10:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You.
Replies: 98
Views: 7460

Re: My Christmas Gift to You.

Dear Mr. Larimore:

Thank you for your service to our nation!
Thank you also for your selfless service to the bogleheads.
May you be blessed with a very Merry Christmas and a very Happy, Healthy, Peaceful and Prosperous New Year!!

Regards,
Rick
by rick2427
Wed Dec 21, 2016 1:42 pm
Forum: Investing - Theory, News & General
Topic: DFA on Managing Expectations
Replies: 8
Views: 1806

Re: DFA on Managing Expectations

Thanks for sharing the links. It helped reinforce the importance of global diversification and also staying the course long term

Regards,
Rick
by rick2427
Mon Dec 12, 2016 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Quitting Job to Start a Business
Replies: 51
Views: 4326

Re: Quitting Job to Start a Business

Weddings are... difficult to plan. I cannot imagine a bride willing to put their day in the hands of someone who just started and is likely around the same age as they are. The wedding venue is more than a bar and a dance floor... you basically end up being the planner. How do you intend to prove t...
by rick2427
Fri Dec 09, 2016 12:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new "account overview" page... BOO!
Replies: 99
Views: 9391

Re: Vanguard's new "account overview" page... BOO!

My "account overview" page is the same size as it has always been. I do note that on the right side of the page, near the top, there is a choice of three different font sizes. If your font is too large, perhaps you can select a smaller one.


+1 :beer
by rick2427
Sun Dec 04, 2016 12:11 pm
Forum: Investing - Theory, News & General
Topic: Shocking Bogle quotes
Replies: 19
Views: 2530

Re: Shocking Bogle quotes

investorguy1 wrote: He says that what happened in Japan could happen in the US and that Japan had a lot of similar positive characteristics such as work ethic, productivity and innovation to the US before their market crash. page 58. If Mr. Bogle wrote this in April 2000, he was very insightful! S&...
by rick2427
Mon Oct 17, 2016 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Money lessons for a 3 year old
Replies: 46
Views: 3233

Re: Money lessons for a 3 year old

Why not let 3 Yr old be a 3 year old?

There will be plenty of time to grow up, get allowance and learn about money after she is 8-10 years old.

Just enjoy the joys of bringing up a toddler. :happy
by rick2427
Sat Oct 01, 2016 9:06 am
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 14152

Re: How Did You Become A Boglehead? What Led You Here?

In the past year I have gotten serious about retiring in 2017 and started searching online for ways to financially prepare for retirement. I ended up on "early-retirement.org". One of the posters there mentioned Vanguard and Bogleheads . I had heard of Vanguard in the nineties but didn't t...
by rick2427
Thu Sep 29, 2016 11:25 am
Forum: Investing - Theory, News & General
Topic: Has anyone been tempted to buy AMZN?
Replies: 77
Views: 5521

Re: Has anyone been tempted to buy AMZN?

If you don't mind sharing how many individual stocks do you hold? If any company is greater than 10% of your total equity position you may want to investigate the benefits of diversification. If not then you may be OK holding a few dozen companies operating in various industries all over the globe....
by rick2427
Thu Sep 29, 2016 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Sorry, but tell [me] what to do with my mortgage
Replies: 62
Views: 5295

Re: Sorry, but tell [me] what to do with my mortgage

by TomCat96 » Wed Sep 28, 2016 5:37 pm Hawkeye_Saver wrote: The problem I'm having is I know it's putting stress on my wife having that hanging over our head, even though we can comfortably pay it. That alone should be determinative. Go pay down your mortgage. Don't let the math or anyone here forc...
by rick2427
Thu Sep 29, 2016 9:59 am
Forum: Personal Consumer Issues
Topic: MMM Lecture at the WD Summit [Mr. Money Mustache]
Replies: 55
Views: 6019

Re: MMM Lecture at the WD Summit [Mr. Money Mustache]

I came across the MMM site at about the same time I heard about Bogleheads. I picked up a few tips from his site about trying to grow own produce, unfortunately I am not an outdoors kinda person & pretty bad at growing stuff. Simplifying your life is a good thing I learned and have started pract...
by rick2427
Thu Sep 29, 2016 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Should I take mortgage loan of under 3% and invest the money?
Replies: 39
Views: 4651

Re: Should I take mortgage loan of under 3% and invest the money?

I would never take out a home mortgage or draw from a HLOC to invest in stock market, but that's just me.

Thanks,
Rick
by rick2427
Wed Sep 28, 2016 11:06 pm
Forum: Investing - Theory, News & General
Topic: Has anyone been tempted to buy AMZN?
Replies: 77
Views: 5521

Re: Has anyone been tempted to buy AMZN?

Bought AMZN in 2013 around $380. It was not cheap at that time and it is still pricey today. Glad to see it has doubled in the past three years but it has been a wild ride for sure.Not sure if I would buy AMZN at these levels- it is priced for perfection now. 65% of my portfolio is still in individu...
by rick2427
Wed Sep 28, 2016 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: business owner forums
Replies: 9
Views: 767

Re: business owner forums

Not worth wasting your time trying to collect $130. I would write it off.

Thanks
Rick
by rick2427
Wed Sep 28, 2016 11:54 am
Forum: Personal Finance (Not Investing)
Topic: business owner forums
Replies: 9
Views: 767

Re: business owner forums

Not aware of any forum for business owners. I would be interested as well if there is one.

What questions do you have? Perhaps I can attempt to answer.
by rick2427
Tue Sep 27, 2016 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor choices [did my advisor invest wisely for me?]
Replies: 48
Views: 3428

Re: Advisor choices [did my advisor invest wisely for me?]

Welcome to Bogleheads! Sorry, but it seems like your Advisor does not have any fiduciary interest in your well being. I would suggest you cut your losses now, pull your money out of these investments(?) and fire the advisor. Next, since you are nearing retirement or are retiring , invest your funds ...
by rick2427
Sat Sep 24, 2016 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth Milestone Today - $1.5M
Replies: 128
Views: 18272

Re: Net Worth Milestone Today - $1.5M

Meg:

Congratulations on achieving a significant financial milestone.
Wish you all the success!!

Best Wishes to you and your husband,
Rick
by rick2427
Fri Sep 23, 2016 11:58 am
Forum: Investing - Theory, News & General
Topic: The Trouble with "Buy and Hold"
Replies: 141
Views: 12927

Re: The Trouble with "Buy and Hold"

OP, even in the link that you shared earlier regarding market timing it states (underlined by me) Is the Timing Model Effective? Now that we’ve discussed the buy and sell rules that the model uses, let’s see how effective it is compared to buy and hold for each asset class. But before we get into th...
by rick2427
Fri Sep 16, 2016 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Keys to a Successful Retirement
Replies: 55
Views: 7476

Re: Keys to a Successful Retirement

You said: - Purchase ... products that blend life annuity income and LTCi. I say NO on this. These products are like a wolf (variable annuities with high fees) in sheep's clothing. Are you a salesperson by any chance? It would be strange for a Boglehead believer to suggest this. Insurance is not an...
by rick2427
Thu Sep 15, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel My Term Life Insurance?
Replies: 30
Views: 1588

Re: Should I Cancel My Term Life Insurance?

based on the info shared, and the fact that 8 years of the 15 year level term have passed, you still have a child who needs to go to college, you are now 55 years old so more risk to the insurer, you also have more risk of becoming uninsurable, current premium is relatively affordable , I would sugg...
by rick2427
Tue Sep 06, 2016 11:50 am
Forum: Personal Consumer Issues
Topic: Visiting Peru/Machu Picchu
Replies: 16
Views: 1226

Re: Visiting Peru/Macchu Picchu during Columbus Day?

My son is currently in Peru after his 4-day guided trek. He went there with 6 other friends (total 7 of them). It was a great experience on a 4-day long trek. On the 2nd day of the trek he could feel his lungs gasping for air as they went from 9678 ft to 13,780 feet. He is in very good shape but bei...
by rick2427
Sun Aug 28, 2016 10:04 am
Forum: Personal Finance (Not Investing)
Topic: My 8 year old son taught me a good lesson tonight
Replies: 16
Views: 4178

Re: My 8 year old son taught me a good lesson tonight

That's awesome :happy
Your 8 yr old knows how to enjoy the present moment unlike most grown ups who either live in their past or dream about a rosy future but never take the time to enjoy the present moments.
by rick2427
Mon Aug 15, 2016 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 5766

Re: buying used car smarter than buying new?

We use our cars for a long time (12+ years)
I also hate the entire car buying experience at the dealerships and dread the uncertainty that comes with buying a used vehicle.....so we only buy new cars.
This way we know we are not buying someone else's problems.

Thanks
by rick2427
Fri Jul 29, 2016 9:52 am
Forum: Investing - Theory, News & General
Topic: How can markets keep going up ?
Replies: 131
Views: 10699

Re: How can markets keep going up ?

by Simplegift » Wed Jul 27, 2016 1:04 pm coachz wrote: I am just trying to understand more about how something like the DOW can keep going up and what underpinnings make it so. For a good, simple explanation, see Bill Bernstein’s analysis: Classic Bernstein 9 — The Stock Returns Fairy, Exposed It's...
by rick2427
Sun Jul 17, 2016 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 7718

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

If I were you, I would continue with my own business till I hit my number: 25X to 40X Annual expenses in savings/investments. At that time I would review the situation and retire early if I feel comfortable. I would not join a friend in business as a minority partner, seen too many business partners...
by rick2427
Sat Jul 16, 2016 4:45 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this
Replies: 211
Views: 53757

Re: I can't believe I am thinking this

Wow...what a thread! Thank you Sheepdog for starting and sharing your experience and wisdom over the past 8-9 years. I am close to retiring early and this thread made me realize the need to have 5+ years living expenses in very SAFE cash like investments instead of just having a stocks/Bonds AA. Tha...
by rick2427
Fri Jul 15, 2016 12:25 pm
Forum: Personal Consumer Issues
Topic: Retired a year - big loss [ :) ]
Replies: 25
Views: 5268

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

Once you have "enough" then be sure to factor in the non-financial aspects of retirement, they can be worth a lot.


+1. Thanks for sharing your progress :beer
by rick2427
Thu Jun 30, 2016 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me decide if I should dump a loser stock
Replies: 28
Views: 1424

Re: Please help me decide if I should dump a looser stock

To recoup your original investment of $20K you have to wait for $14K to grow to $20K that is a 42% gain! How long do you suppose it will take to gain 42? Pretty long time I suppose. In the meantime you will continue to feel bad about the original mistake and incur opportunity cost by not investing i...
by rick2427
Sun Jun 26, 2016 11:13 pm
Forum: Investing - Theory, News & General
Topic: Would today be a good day to rebalance?
Replies: 34
Views: 3607

Re: Would today be a good day to rebalance?

Unread postby Dandy » Sun Jun 26, 2016 7:48 am When equities drop 3 or 4% in a day you should at least be thinking of buying some while it is "on sale" as long as you stay within your predetermined allocation bands. In general we all feel that equities will go up over the long run. If you...
by rick2427
Thu Jun 16, 2016 9:58 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 316
Views: 31482

Re: Flaunt Your High-Mileage Car

2004 Honda CRV 185k Miles bought new in Oct 2003

2005 Toyota Camry 128k Miles bought new in June 2005
by rick2427
Mon Jun 13, 2016 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Hiring help - employee vs consultant distinction
Replies: 8
Views: 573

Re: Hiring help - employee vs consultant distinction

OP, Here is a link for your review: https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee Just understand that if you pay over $600 in a calendar year to an independent contractor, you must issue & file form 1099. The contractor is respons...
by rick2427
Sun Jun 12, 2016 9:15 am
Forum: Investing - Theory, News & General
Topic: Advisor tells the truth
Replies: 33
Views: 4740

Re: Advisor tells the truth

I heard this ad this morning on the radio and thought it was rather funny and true. Advisor: "When you make money we make money. When you lose money we don't make money." Ad should really say "When you make money we make MORE money. When you lose money we don't LOSE make money"
by rick2427
Tue Jun 07, 2016 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Finding Advisor
Replies: 42
Views: 7334

Re: Fired by our Financial Advisor

Our relationship is terminated. There is no going back. We were both blind-sighted by this, and forever soured by seeking any FA help. Any feedback thoughts on this experience would be greatly appreciated. I suggest treat this as opportunity to learn how to handle your own finances. You may want to...
by rick2427
Tue Jun 07, 2016 8:06 am
Forum: Personal Consumer Issues
Topic: What To Do Right After Buying a Used Car?
Replies: 21
Views: 2318

Re: What To Do Right After Buying a Used Card?

Change the oil and make sure it's had it's major mileage maintenance tasks completed.

+1
by rick2427
Fri Jun 03, 2016 12:21 pm
Forum: Personal Consumer Issues
Topic: Firing a contractor -- do's and don'ts?
Replies: 7
Views: 1372

Re: Firing a contractor -- do's and don'ts?

Please have a written agreement to terminate the contract with both parties signatures on it. Better have an attorney draft that agreement. Make sure you get "Lien Waivers" signed by the contractor along with "Lien Waivers" from any of his sub contractors. Failure to have lien wa...
by rick2427
Fri Jun 03, 2016 11:29 am
Forum: Investing - Help with Personal Investments
Topic: vanguard monthly statement interpretation ["total est annual income"]
Replies: 6
Views: 720

Re: vanguard monthly statement interpretation ["total est annual income"]

I see the "Total estimated Annual Income" at the bottom of the page as well with a yield of 2.26%.
Good idea to help estimate taxable income in my opinion!

Rick
by rick2427
Sat May 21, 2016 10:36 am
Forum: Investing - Theory, News & General
Topic: Is there a such thing as a blue collar Boglehead?
Replies: 206
Views: 22773

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

It can get very depressing comparing your situation to others on social media. I read a news story lately about how a lot of people find Facebook depressing when their friends post pictures of their expensive vacations when they aren't doing so well themselves. But there is always somebody doing wo...
by rick2427
Sat May 21, 2016 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Dividends [What funds pay them?]
Replies: 33
Views: 2014

Re: Dividends

I have been investing dividend paying stocks in the Roth IRA account. Since I am planning to retire in a year, I started learning about portfolio management on bogleheads WiKi , then came across the 8-week online course on Financial markets ( Basic Principles of Finance and Risk Management ) on &quo...
by rick2427
Sun May 15, 2016 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 24637

Re: Rich But Middle Class

OP, you have received good responses from several members but am surprised you have not acknowledged any of them.
Are you really looking for good advice?
by rick2427
Thu May 05, 2016 1:49 am
Forum: Personal Finance (Not Investing)
Topic: Contractor took advance for work on out of state rental property and has stopped returning calls...
Replies: 13
Views: 2252

Re: Contractor took advance for work on out of state rental property and has stopped returning calls...

You can file a complaint with local PD. The contractor has committed fraud. You should also mail the contractor a 10 day Demand letter to return the deposit taken and then if you don't receive the payment go ahead & file charges with the county prosecuting attorney's office. They will get a warr...
by rick2427
Thu Mar 31, 2016 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Living Trust vs Transfer on Death
Replies: 61
Views: 6991

Re: Living Trust vs Transfer on Death

Unread postby 1210sda » Thu Mar 31, 2016 10:32 am I too was thinking..."do I need a trust"? Now that the exemption amount is over $5 million (plus, portability doubles it), I question the use for a trust if your assets are under the exemption amount. Other considerations: 1. A trust avoid...
by rick2427
Fri Mar 25, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Best & Worst Financial Decisions?
Replies: 92
Views: 9882

Re: Best & Worst Financial Decisions?

WORST: trusting a full service broker early in my career in early ninetees. He was a smooth talker who ran my $13K investment down to $3K within 6 months buying options and warrants which I didn't understand then, nor do I understand now. I ended up firing him after that. BEST: Learning how to inves...
by rick2427
Thu Mar 17, 2016 1:57 pm
Forum: Personal Consumer Issues
Topic: Tub Cleaning Issue - Soap Scum
Replies: 23
Views: 3402

Re: Tub Cleaning Issue - Soap Scum

To clean the bottom of the bath tub: 1. Saturate the bottom of the tub with liquid "degreaser". 2. Sprinkle "Barkeeper's Friend". 3. Let it soak for 10-15 minutes. All the 3 cleaners are available in Walmart or any store similar to it 4. Use "Mr. Clean Magic Eraser" to ...

Go to advanced search