Search found 1145 matches

by Lieutenant.Columbo
Mon Aug 13, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 69
Views: 5438

Re: Retirement accounts and physician SCorps and Tax Reform

What's frustrating about how different entities are treated to me is how it could be changed a few years later, yet once an S-corp election is revoked one has to wait five years to wait to re-elect S- corp taxation. So, one could figure it all out now and then find themselves in an disadvantageous ...
by Lieutenant.Columbo
Sun Aug 12, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 69
Views: 5438

Re: Retirement accounts and physician SCorps and Tax Reform

What's frustrating about how different entities are treated to me is how it could be changed a few years later, yet once an S-corp election is revoked one has to wait five years to wait to re-elect S- corp taxation. So, one could figure it all out now and then find themselves in an disadvantageous ...
by Lieutenant.Columbo
Thu Aug 02, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Become Portugal tax resident ... pay no tax on US pension income for 10 years?
Replies: 25
Views: 7994

Re: Become Portugal tax resident ... pay no tax on US pension income for 10 years?

All part and parcel of the 'joy' of the US's near-unique citizenship-based taxation regime, I'm afraid. TedSwippet, I apologize if the answer to this question can be found in the replies above, but I kind got overwhelmed with the different scenarios that have been discussed. Is there any tax-relate...
by Lieutenant.Columbo
Wed Jul 04, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: If you tilt toward Small Cap Value, how much do you tilt?
Replies: 38
Views: 2723

Re: If you tilt toward Small Cap Value, how much do you tilt?

Random Walker wrote:
Wed Jul 04, 2018 8:48 am
For those heavily tilting to SV, I’m curious whether your investing primarily in taxable or tax advantaged space. If taxable, has that affected which vehicles you have chosen?

Dave
Dave,
We use...
...IJS + DWUSX in taxable (~65% of portfolio)
...DFSVX + DWUSX in tax deferred & tax free.
L.C.
by Lieutenant.Columbo
Wed Jul 04, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: If you tilt toward Small Cap Value, how much do you tilt?
Replies: 38
Views: 2723

Re: If you tilt toward Small Cap Value, how much do you tilt?

privatefarmer wrote:
Wed Jul 04, 2018 5:07 am
100% SCV. 50% domestic, 50% international.
+1
by Lieutenant.Columbo
Mon Jul 02, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18651

Re: Vanguard to offer non-Vanguard ETFs commission-free

will (our current) IJS shares now appreciate with purchases by those Vanguard custoners who all along wanted to buy in but never did until now because IJS wasn't commission-free for them?

Edit to add: :wink:
by Lieutenant.Columbo
Sat Jun 30, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay ZERO taxes in retirement with 6-figure expenses
Replies: 205
Views: 112519

Re: How to pay ZERO taxes in retirement with 6-figure expenses

Which is also taxed at the highest bracket rate... ad infinitum. Ah, Calculus... Off topic but tax gross-up requires only basic algebra... Still off topic and ivk5 is very correct Differential calculus is the study of the rate of change of a function and thus a reasonable description of most tax to...
by Lieutenant.Columbo
Fri Jun 22, 2018 4:36 am
Forum: Personal Finance (Not Investing)
Topic: 529 Withdrawal TIming
Replies: 17
Views: 2752

Re: 529 Withdrawal TIming

DIFAR31 wrote:
Thu Jun 21, 2018 9:30 pm
...a year's worth of Lifetime Learning Credit in addition to four years of the AOTC.
DIFAR31,
do you know if paying for higher education expenses with a 529 prepaid tuition plan (instead of a 529 savings plan) determines whether one might be eligible for the LLC and/or the AOTC?
Thank you.
by Lieutenant.Columbo
Mon Jun 18, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Will or Trust?
Replies: 53
Views: 4346

Re: Will or Trust?

straws46 wrote:
Mon Jun 18, 2018 3:54 pm
If you currently have a trust, I assume you were told to make the trust the beneficiary of your insurance policies and your retirement accounts.
if grantor is married, trust would/should be secondary beneficiary of insurance policies & retirement accounts, correct?
by Lieutenant.Columbo
Thu Jun 07, 2018 9:12 pm
Forum: Personal Consumer Issues
Topic: daughter wants a college transfer?
Replies: 65
Views: 5370

Re: daughter wants a college transfer?

If she can't hack it, take the weeder classes (calc/physics/chemistry) at a community college. For most med schools, a 3.4 won't cut it, even from Cornell. Med schools adjust for the grading of schools to an extent but there is a threshold that hurts their stats. Spend some time on Student Doctor F...
by Lieutenant.Columbo
Thu Jun 07, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: [529 as part of an overall portfolio]
Replies: 17
Views: 1963

Re: [529 as part of an overall portfolio]

confusedinvestor wrote:
Thu Jun 07, 2018 12:13 am
I have over funded 529s and underfunded retirements

I plan to use non qual distributions from 529s for my early retirement - age 55 - 65
If you intentionally overfunded the 529, can you explain the reason, please? Thanks.
by Lieutenant.Columbo
Tue Jun 05, 2018 8:35 pm
Forum: Investing - Theory, News & General
Topic: [529 as part of an overall portfolio]
Replies: 17
Views: 1963

Re: [529 as part of an overall portfolio]

Right now I plan to hold the aggressive allocation fund (I believe it is 100% stock but need to double check) for the time being and adjust my bond allocation in my 401k. This I adjust my target AA for my entire portfolio. I hold 100% stock in my Roth IRA's as well. But my baby is only 6 months old...
by Lieutenant.Columbo
Tue Jun 05, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: [529 as part of an overall portfolio]
Replies: 17
Views: 1963

Re: [529 as part of an overall portfolio]

I include our 529 in our AA. Money is fungible - the 529 being needed in a shorter period of time is irrelevant. I will be pulling a certain amount of money for college expenses when the time comes from either the 529 and/or taxable accounts + cash flow as needed. Here is the before and after for m...
by Lieutenant.Columbo
Mon Jun 04, 2018 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Debt vs HSA/529
Replies: 14
Views: 1831

Re: Debt vs HSA/529

Maxing out the HSA and 529 benefit are good ideas, because of the tax subsidy. The HSA has a 28% subsidy (federal and state tax), and the 529 has a 15% subsidy (state tax, deducted from federal). Both will grow tax-free if used for the correct purposes. How long will it take to pay off the loans? I...
by Lieutenant.Columbo
Mon Jun 04, 2018 10:29 pm
Forum: Investing - Theory, News & General
Topic: [529 as part of an overall portfolio]
Replies: 17
Views: 1963

Re: [529 as part of an overall portfolio]

I (now) treat my 529s as part of my overall assets and include them in my overall AA. The above was not always the case. In the past I had three separate AAs - one for myself/spouse and one each for my two kids' 529s. Back then, I had intended to fund college for the kids entirely and only out of t...
by Lieutenant.Columbo
Fri Jun 01, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Milestones on the way to FI [Financial Independence]
Replies: 33
Views: 4316

Re: Milestones on the way to FI

I find it helpful to have small milestones to look forward to. [...] What are some other good milestones that one can pass on the road to FI? Everytime you have one more whole year of household expenses could be a recurring milestone. Something like: "Today our savings are worth 10 years of current...
by Lieutenant.Columbo
Fri Jun 01, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: Really bad days (RBDs) and porfolio performance
Replies: 65
Views: 9144

Re: Really bad days (RBDs) and porfolio performance

Rule number 2 adds the "Really" part to Really Bad Day. Without it, the criteria would just be a "Bad Day" strategy or a "Normal Bad Day" strategy which we all know doesn't work or which regular rebalancing will deal with. Go and test things for yourself and report back on that. Thank you for expla...
by Lieutenant.Columbo
Thu May 31, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: Really bad days (RBDs) and porfolio performance
Replies: 65
Views: 9144

Re: Really bad days (RBDs) and porfolio performance

^I don't know the answer to the "more often" question. I can say that sometimes the intraday price to buy is much lower than the closing price and sometimes the closing price is lower. And sometimes a lower price occurs later, but there is no way to predict the future, so you have to make a decisio...
by Lieutenant.Columbo
Thu May 31, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Really bad days (RBDs) and porfolio performance
Replies: 65
Views: 9144

Re: Really bad days (RBDs) and porfolio performance

methodological/philosophical questions: 1. It isn't until after Market closes at 4pm EST that one can learn if MUTUAL.FUND.X has dropped 2.5% or more. Does this mean one can only act on a RBD when the RBD is over? If so, might one take even more advantage of the RBD by intraday -watching (or settin...
by Lieutenant.Columbo
Thu May 31, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: Really bad days (RBDs) and porfolio performance
Replies: 65
Views: 9144

Re: Really bad days (RBDs) and porfolio performance

livesoft wrote:
Thu May 31, 2018 8:22 am
And looking again at the results of slickwillbo's original post, has anybody done the following?

On a livesoft RBD, sell 5% of VFINX and buy it back after 30 days. :twisted:
TLH, I presume?
by Lieutenant.Columbo
Wed May 30, 2018 9:40 pm
Forum: Investing - Theory, News & General
Topic: Really bad days (RBDs) and porfolio performance
Replies: 65
Views: 9144

Re: Really bad days (RBDs) and porfolio performance

A livesoft-defined RBD meets all of these criteria: 1) VFINX drop of 2.5% or more 2) Drop greater than the 4th largest drop within the previous 150 days 3) Not a Friday methodological/philosophical questions: 1. It isn't until after Market closes at 4pm EST that one can learn if MUTUAL.FUND.X has d...
by Lieutenant.Columbo
Tue May 29, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Successor Upon Owner Death
Replies: 10
Views: 1216

Re: 529 Plan Successor Upon Owner Death

Spirit Rider wrote:
Mon May 28, 2018 11:15 pm
IANAL. Trusts are very complex instruments and should only be constructed by a knowledgeable attorney.
Thank you. My question wasn't about trust construction, but about whether it'd be practical to name as successor 529-account owner an already-existing trust that ends when beneficiary turns 35.
by Lieutenant.Columbo
Mon May 28, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Successor Upon Owner Death
Replies: 10
Views: 1216

Re: 529 Plan Successor Upon Owner Death

You could also name a revocable trust as the successor participant with the 529 beneficiary as the trust beneficiary . Unlike a 529 account owner who can spend the account on anything they want with no repercussions except taxes and a 10% penalty. A trustee has a fiduciary (usually bonded) responsi...
by Lieutenant.Columbo
Mon May 28, 2018 9:41 pm
Forum: Investing - Theory, News & General
Topic: questions re 529s and inheritance
Replies: 12
Views: 5338

Re: questions re 529s and inheritance

It seems that this question would have an easy answer and solution if 529 Plans allowed designating several (and not just one) successive (and not simultaneous) successor account owners.
by Lieutenant.Columbo
Sun May 27, 2018 11:26 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18093

Re: Buy on Really Bad Days, Sell on Really Good Days?

livesoft wrote:
Sat May 26, 2018 2:26 pm
MTUM (iShares Edge MSCI USA Momentum Factor ETF) is actually up 8% year-to-date. Put that in your pipe and smoke it. :)

Question for everybody: What days in 2018 has MTUM had RBDs so far?
February 5
March 22
by Lieutenant.Columbo
Sun May 27, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 27
Views: 2771

Re: Anybody hit their rebalance bands?

Would you mind sharing... 1. ...why you didn't find the 25% (of an asset class' own target allocation) band alone (with no 5% band) enough for all scenarios and for all asset classes? Because 25% makes for a very large deviation for some portfolios. If your target is 50% stock, you probably want to...
by Lieutenant.Columbo
Sun May 27, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 27
Views: 2771

Re: Anybody hit their rebalance bands?

[...] I rebalance annually to my target allocation, I have only hit rebalancing bands twice . In October 2008, the declining market took me from my target 90/10 to 86/14, and my band for a major asset class such as bonds is 25% of the target allocation, so I sold bonds to by some stock. In late 200...
by Lieutenant.Columbo
Sat May 26, 2018 7:02 am
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18093

Re: Buy on Really Bad Days, Sell on Really Good Days?

I am surprised I can't find any posts by you on how to DIY-approximate Engineer TM 's bi-dimensional (expected risk & return) strategy... L.C. I was given this book recently and I am still thinking about it. Also, I've sort of given up explaining to people how many of the rebalancing studies do not...
by Lieutenant.Columbo
Sat May 26, 2018 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 27
Views: 2771

Re: Anybody hit their rebalance bands?

[...] I rebalance annually to my target allocation, I have only hit rebalancing bands twice . In October 2008, the declining market took me from my target 90/10 to 86/14, and my band for a major asset class such as bonds is 25% of the target allocation, so I sold bonds to by some stock. In late 200...
by Lieutenant.Columbo
Fri May 25, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18093

Re: Buy on Really Bad Days, Sell on Really Good Days?

Buy on 10% market corrections that have no good basis for the correction, like the re-tracement in January-February. Sell into market euphoria, let the dollar cost averager's buying at the top take loses into the next correction, where you would be again buying from them. Also this is a good opport...
by Lieutenant.Columbo
Fri May 25, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18093

Re: Buy on Really Bad Days, Sell on Really Good Days?

I comment pretty regularly that I think rebalancing once-a-year by using a date on a calendar is unwise. Don't studies show it doesn't really help one? For those with access to a library or a book store, they may wish to read about a rebalancing method in "Nonprofit Asset Management" by Rice, DiMeo...
by Lieutenant.Columbo
Fri May 25, 2018 6:29 am
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18093

Re: Buy on Really Bad Days, Sell on Really Good Days?

No, RBDs are not my only rebalancing rules. Yes, I rebalance on days and situations other than RBDs. are RBDs your key/main rebalancing rules? Perhaps my main rule is to use any new money (dividends, contributions) towards bringing the portfolio towards the balance point. RBDs should be few and far...
by Lieutenant.Columbo
Thu May 24, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18093

Re: Buy on Really Bad Days, Sell on Really Good Days?

livesoft wrote:
Thu May 24, 2018 10:12 pm
No, RBDs are not my only rebalancing rules.

Yes, I rebalance on days and situations other than RBDs.
are RBDs your key/main rebalancing rules?
by Lieutenant.Columbo
Thu May 24, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18093

Re: Buy on Really Bad Days, Sell on Really Good Days?

livesoft wrote:
Thu Oct 05, 2017 10:06 am
This thread is about an unemotional numbers-driven strategy that can be written into an Investment Policy Statement and followed by even a robot.
livesoft,
Are your RBD rules your only rebalancing rules? I mean, do you rebalance on situations or days other than RBDs? Thank you.
L.C.
by Lieutenant.Columbo
Sat May 19, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 35
Views: 4113

Re: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009

JustinR, just to be sure I understood completely, when you said... Whether you follow this rule is up to you. were you referring to this rule... Rebalance once a year only, regardless of what the market does inbetween. or to this rule... only rebalance a fund if its allocation is off by 5% of what i...
by Lieutenant.Columbo
Sat May 19, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 35
Views: 4113

Re: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009

JustinR wrote:
Sat May 19, 2018 1:20 am
Rebalancing once a year is sufficient. There's no real need to do it more than that
does this mean that when one rebalances once a year, one shouldn't also rebalance in between two annual rebalances if market changes are significant? thank you
by Lieutenant.Columbo
Tue May 15, 2018 8:51 pm
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 69
Views: 6589

Re: Do people in the forum hold foreign bonds?

Ex-US bonds are the world's largest asset class. And you're saying you don't want to own them? Yeah, me neither. It's all about the yield. a fixed-income specialist I once corresponded with about short-term fixed income mutual funds with AAA or AA holdings from other major Developed countries (and ...
by Lieutenant.Columbo
Sun May 13, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Tax-Loss Harvesting a Muni Bond Fund: BMBIX
Replies: 2
Views: 469

Re: Tax-Loss Harvesting a Muni Bond Fund: BMBIX

BMBIX declares dividends monthly (page 107 of the Statuary Prospectus), so the 6 month rule applies. Selling the 7 month old shares in order to to TLH works - and all dividends will remain tax fed tax free. Dale Dale_G, I couldn't have wished for a better outcome! Getting both questions answered on...
by Lieutenant.Columbo
Sat May 12, 2018 11:01 pm
Forum: Investing - Theory, News & General
Topic: Tax-Loss Harvesting a Muni Bond Fund: BMBIX
Replies: 2
Views: 469

Tax-Loss Harvesting a Muni Bond Fund: BMBIX

When reading the Fine Points About Tax Loss Harvesting in the BHs' Wiki, I see that... Loss on mutual fund shares held 6 months or less. If you sell shares of a mutual fund at a loss, and those shares have been held for 6 months or less, then there are special rules that may alter the loss you claim...
by Lieutenant.Columbo
Mon May 07, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help with in-laws investment- 100% in stocks with 5 years left to retire
Replies: 46
Views: 3334

Re: Help with in-laws investment- 100% in stocks with 5 years left to retire

Lieutenant.Columbo - "Pops1860, does "almost entirely equities" mean your stocks are your emergency fund? If not, how did you decide the size of your emergency fund?" Answer - We keep 10-20K in a 'cash/MoneyMarket" checking account, we use this for normal expenditures (paying off credit cards month...
by Lieutenant.Columbo
Sun May 06, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help with in-laws investment- 100% in stocks with 5 years left to retire
Replies: 46
Views: 3334

Re: Help with in-laws investment- 100% in stocks with 5 years left to retu

Off topic stricto sensu , but relevant to the "100% in stocks" question: I am 100% in stocks and I have been retired and invested the same way for 18 years, but also with a reasonably healthy pension. msk, 1. does 100% stocks mean your stocks are your emergency fund? If not, how did you decide the s...
by Lieutenant.Columbo
Sun May 06, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 18103

Re: What Percentage CASH are you?

Livesoft, thanks for sharing your cash strategy. What would be your strategy for handling large expenses like a car purchase, or a wedding, or any other such large item? Or in a major markets decline period without a near cash emergency fund? I'm new to early retirement, a bit defensive, and holdin...
by Lieutenant.Columbo
Sun May 06, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: Cash instead of bonds?
Replies: 59
Views: 8044

Re: Cash instead of bonds?

In my retirement accounts, I have about 10 years of my work salary in fixed income. Fixed income is about 39% & stocks are about 61% of my retirement account. My 10 years of salary (retirement accounts) in fixed income: -3 years in money market (0 duration) -2 years in short term bonds (2.8 duratio...
by Lieutenant.Columbo
Sat May 05, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 437
Views: 86957

Re: Prime Harvesting anyone?

zzcooper123 wrote:
Mon Jun 06, 2016 6:44 am
I use the Larry portfolio with a rising equity glidepath
zzcooper123,
How do you determine by how much and when to rise the equity allocation of your Larry Portfolio?
Is there any source or BH topic you recommend to learn about your approach?
Thank you.
L.C.
by Lieutenant.Columbo
Sat May 05, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 24061

Re:

dore wrote:
Tue Mar 17, 2009 5:40 pm
the entire cast of Northern Exposure
SP-diceman wrote:
Tue Mar 17, 2009 8:52 pm
Columbo
these!
by Lieutenant.Columbo
Fri May 04, 2018 10:05 pm
Forum: Investing - Theory, News & General
Topic: Stocks for the Long Run by Jeremy Siegel
Replies: 33
Views: 4612

Re: Stocks for the Long Run by Jeremy Siegel

\do you guys happen to remember... 1. ...what dollar amount or % of assets Siegel recommends Not holding in stocks, for short term needs? 2. ...if this dollar amount or % of portfolio is different in accumulation versus retirement phases? Looking at my 4th edition copy of Stocks for the Long Run (2...
by Lieutenant.Columbo
Fri May 04, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: Stocks for the Long Run by Jeremy Siegel
Replies: 33
Views: 4612

Re: Stocks for the Long Run by Jeremy Siegel

Would you recommend this book? Definitely, yes. A most essential step for any equity investor, in my view, is developing a strong faith in the resilience, dynamism and adaptability of global capitalism — i.e., that corporate enterprise will be able to overcome the world challenges in the decades ah...
by Lieutenant.Columbo
Tue May 01, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: Have you quit eating sugar? Tell me how!
Replies: 129
Views: 11175

Re: Have you quit eating sugar? Tell me how!

currently reading the Starch Solution by Dr. McDougal and he claims that sugar is not the evil substance that the industry wants you to believe. Having said that I am following his diet and lost 20 lbs so far and feel great and still use sugar. lost weight, yes, but do you feel satiated? do you hav...
by Lieutenant.Columbo
Tue May 01, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: Fixed Income: Percentage Of Portfolio Or Specific $ Amount?
Replies: 21
Views: 3060

Re: Fixed Income: Percentage Of Portfolio Or Specific $ Amount?

[...]Why would one need an ever-growing amount of fixed income? Why would one need that much money in fixed income? Let's say one's yearly expenses are $100K. How about holding say 5 years worth of expenses, $500K, in fixed income regardless of total size of portfolio, if not in retirement, at leas...
by Lieutenant.Columbo
Mon Apr 30, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Favors for Family/Friends and Getting Compensated or Not?
Replies: 39
Views: 3500

Re: Favors for Family/Friends and Getting Compensated or Not?

To curb abuse, I perform my services lethargically slow to individuals that are clearly taking advantage of me. [...] My uncle no longer brings me his computer to repair. The last time, it took me 4 weeks to repair it. In fact, he rarely asks for favors anymore as he complains loudly to the rest of...