Search found 899 matches

by Mr.BB
Sun Jun 16, 2019 6:37 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 294
Views: 33192

Re: How Bad was 2008, really?

In a city with "mild" real estate impacts relative to others, both my next door neighbors and the house directly across from us was lost to foreclosure. Small bungalows a few blocks away, which now sell for 500-600k fixed up were bank auctioned at a low (2010) for around 100K. One of my cats was a ...
by Mr.BB
Fri Jun 14, 2019 6:26 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 294
Views: 33192

Re: How Bad was 2008, really?

If you really want understand the depth all of the financial crisis just look how many homes were in foreclosure. some people had to because they lost their job and they really didn't have any savings. Others were using their homes as their investment or piggy bank and got underwater on it. The worl...
by Mr.BB
Fri Jun 14, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: Alternatives to car rental for three months?
Replies: 53
Views: 3263

Re: Alternatives to car rental for three months?

- Talk with a used car dealership - Buy a used car and sell it - Ask someone selling their used car (or an elderly person) to rent it to you for three months and then give it back to them to sell - Foreign grad student going home for the summer - find groups of people (students, teachers) that migh...
by Mr.BB
Thu Jun 13, 2019 5:26 pm
Forum: Personal Consumer Issues
Topic: Tips for new pet owner [puppy]
Replies: 71
Views: 3715

Re: Tips for new pet owner [puppy]

You should also decide what vet you will be taking your new puppy too. Check out a few of your vet places around you to get a pricing list from everything from teeth cleaning to annual checkups to shots etc. You may find a big price discrepancy. Also check reviews online.
by Mr.BB
Wed Jun 12, 2019 7:34 am
Forum: Personal Investments
Topic: Asset allocation for those in their late fifties
Replies: 35
Views: 3566

Asset allocation for those in their late fifties

I was curious if you are in your late 50s what is your current asset allocations to stocks and bonds.
Right now we 56% stock/ 36% bond/ The rest is cash (our emergency fund)
U.S stock 46%/ 10% Intl stock
36% bonds of which 6% are in Intl. bonds.
by Mr.BB
Wed Jun 12, 2019 5:38 am
Forum: Personal Consumer Issues
Topic: Tips for new pet owner [puppy]
Replies: 71
Views: 3715

Re: Tips for new pet owner

Get medical insurance for your dog, personally I like trupanion. Give your dog good / healthy food, no different than a person. A healthy person doesn't eat crappy, foods dogs are no different. A puppy is not a dog! how you train it as a puppy will affect you and it as it becomes an adult dog. Teach...
by Mr.BB
Sat Jun 08, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy a home in a resort community?
Replies: 21
Views: 3168

Re: Should I buy a home in a resort community?

Request and spend some time reviewing the resort meetings/ management owners have. You can learn a lot how the resort is a run by those meeting notes
by Mr.BB
Fri Jun 07, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: how to deal with people who are not living boglehead way of life
Replies: 45
Views: 2726

Re: how to deal with people who are not living boglehead way of life

if someone asks for help but doesn't want to do the work yet they keep coming back to you for help you need to sit them down and tell them you will only do this one time, if you're not willing to do the basic work, do do not ask me again for advice. I would give them the simplest of things to do, li...
by Mr.BB
Tue Jun 04, 2019 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at 56?
Replies: 34
Views: 5967

Re: Can I retire at 56?

Think about this for an option. What gives you the most stress when you get home from work. (Doing the lawn, house hold chores- cleaning, grocery shopping, laundry?) What if you invested in some help at home to make your life easier? Or, if that is not an issue for you, what if you plan some extra v...
by Mr.BB
Tue Jun 04, 2019 7:20 am
Forum: Investing - Theory, News & General
Topic: You May Never See Your Grandchildren Again
Replies: 83
Views: 13806

Re: You May Never See Your Grandchildren Again

Rick, I was curious if you got an impression from the other
"Guests"from their facial expressions or questions if they impressed, concern, laughing at him?
by Mr.BB
Mon Jun 03, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Invited to vacation house then surprised with expenses—what now?
Replies: 64
Views: 3680

Re: Invited to vacation house then surprised with expenses—what now?

might just be worth it to eat this one and use it as a learning curve for next time you get such an invitation from your in-laws or other family members.
by Mr.BB
Sun Jun 02, 2019 7:19 pm
Forum: Investing - Theory, News & General
Topic: Best free tools to evaluate current portfolio balance?
Replies: 9
Views: 636

Re: Best free tools to evaluate current portfolio balance?

Morningstar is my favorite. I also use Personal Capital, but I don't give them my phone number for the exact reason you mentioned.
by Mr.BB
Sat Jun 01, 2019 7:21 pm
Forum: Personal Investments
Topic: Delay Social Security?
Replies: 35
Views: 3338

Re: Delay Social Security?

The average SS increase is 8% a year. Do you think you can do better than that investing on your own?
Eventually all come down to how long you live.
by Mr.BB
Sat Jun 01, 2019 5:26 am
Forum: Investing - Theory, News & General
Topic: How long does it take to come out of a major downtunr?
Replies: 30
Views: 3010

Re: How long does it take to come out of a major downtunr?

Don't hold me to this, but I believe the averages for a bull market is 4 and 1/2 years and the average for a bear market is 18 months.
by Mr.BB
Thu May 30, 2019 7:05 pm
Forum: Personal Investments
Topic: Am I playing a losing game?
Replies: 33
Views: 3200

Re: Am I playing a losing game?

Instead of trying to "beat the market" try to "beat the system". As pointed out in earlier posts, the one things you do control is expense ratios. Add up what you will put into the recommended funds from your advisor, future contributions, etc and the funds expense ratios into the calculator that is...
by Mr.BB
Thu May 30, 2019 1:16 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer
Replies: 59
Views: 5444

Re: Jim Cramer

All these shows have screeners and delays to filter callers that might question him about his recommendations.
by Mr.BB
Thu May 30, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer
Replies: 59
Views: 5444

Re: Jim Cramer in Miami

Bogleheads: In March of 2000, at the peak of a bull market, Mr. Bogle and Mr. Cramer were keynote speakers at a Miami Money Show. Mr. Bogle warned about the stock "bubble" and urged his listeners to maintain a healthy allocation to bonds. Mr. Bogle was followed by Jim Cramer. Mel and I stood in the...
by Mr.BB
Thu May 30, 2019 7:27 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer
Replies: 59
Views: 5444

Re: Jim Cramer

Also check out "Leonard the monkey" and how this monkey had a better stock-picking record than Jim Cramer. That should say it all.
by Mr.BB
Thu May 30, 2019 6:01 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer
Replies: 59
Views: 5444

Re: Jim Cramer

Go find the classic episode where a caller called asked if his money was safe with Bear Stearns The only thing that probably stayed Cramer from being fired was the guy did not specifically say stock in Bear Stearns and later Cramer said he thought the guy meant his savings account. course who calls ...
by Mr.BB
Wed May 29, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 204
Views: 11301

Re: Should I encourage my kids to work in high school/college?

UPDATE: Well, heard through the grapevine that the particular 16 year old that I reference may not have taken a job. Turns out the 16 year old has a full summer with various camps and summer vacations and that didn't leave enough time for work this year. So the grandparents, who were beaming with p...
by Mr.BB
Wed May 29, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 204
Views: 11301

Re: Should I encourage my kids to work in high school/college?

I think your overlooking the values of having a part time job in high school. Things that are not taught in school or in books. 1) How to interview for a job 2) Learning to work others 3) Learning to be responsible for a job (and being held responsible for doing a job) 4) Learning how to be on time ...
by Mr.BB
Mon May 27, 2019 7:34 pm
Forum: Personal Investments
Topic: Portfolio for young, worried investor
Replies: 48
Views: 3220

Re: Portfolio for young, worried investor

Let's put your worries in perspective. You are 18 (and congratulations on being so thoughtful about your savings and forward looking outlook on life), with that in mind it may be another 40-45 years before you retire. In that time I will promise you that you will see at least 5-6 recessions (some re...
by Mr.BB
Mon May 27, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 134
Views: 10323

Re: House not selling

Try these two things: Go look at some houses in your neighborhood and nearby neighborhood as a buyer. Look how they are presented compared to yours. Ask some friends to come by to look at your house from the perspective of a buyer and ask them to be critical of what they see. Remind them they will n...
by Mr.BB
Sun May 26, 2019 9:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard issues 10-year forecast for stock, bond market returns
Replies: 79
Views: 8458

Re: Vanguard issues 10-year forecast for stock, bond market returns

From Vanguards summary 2008-2009 report. Conclusions In this paper we have analyzed more than a century’s worth of market and economic data to gain perspective on what the financial crisis of 2008 may mean for the U.S. economy and the market itself in 2009 and beyond. Three key implications of this ...
by Mr.BB
Sat May 25, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard issues 10-year forecast for stock, bond market returns
Replies: 79
Views: 8458

Re: Vanguard issues 10-year forecast for stock, bond market returns

Do a Google search for 2009 or 2008 10 year predictions from various companies and people see how well they did. Should make for an interesting comparison.
by Mr.BB
Wed May 22, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: Financial Movies and Shows
Replies: 64
Views: 5790

Re: Financial Movies and Shows

Also add in the PBS documentary call "The Retirement Gamble" you can actually get it online for free... Best 52 minutes of TV you'll watch in a long time.
by Mr.BB
Wed May 22, 2019 6:59 pm
Forum: Personal Consumer Issues
Topic: Financial Movies and Shows
Replies: 64
Views: 5790

Re: Financial Movies and Shows

Caduceus wrote:
Wed May 22, 2019 11:37 am
Definitely add Becoming Warren Buffett.
+1
by Mr.BB
Wed May 22, 2019 10:32 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2322

Re: Inexpensive way to gain weight

Also skinny does not mean you're healthy, it means your skinny. Technically you can be skinny and have a high percentage of body fat.
by Mr.BB
Wed May 22, 2019 10:26 am
Forum: Personal Investments
Topic: Fidelity 401k brokeragelink fund review
Replies: 9
Views: 474

Re: Fidelity 401k brokeragelink fund review

I use the Fidelity brokeragelink for our 401k, for a couple funds that I can't get through the regular 401k. Most Fidelity funds you may not have a transaction fees to pay when you move money in or out of there (not coming contributions). Fidelity should have a list of specific non transaction fee f...
by Mr.BB
Wed May 22, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2322

Re: Inexpensive way to gain weight

When your doctor said put on some Mass he didn't mean fat. There is nothing healthy about getting fat he's talking muscle. Just so you know, protein does not build muscle, exercise (weight lifting) builds muscle.
by Mr.BB
Wed May 22, 2019 8:03 am
Forum: Personal Consumer Issues
Topic: Financial Movies and Shows
Replies: 64
Views: 5790

Re: Financial Movies and Shows

"The Big Short".... fabolous movie.
by Mr.BB
Wed May 22, 2019 5:46 am
Forum: Personal Finance (Not Investing)
Topic: Senior management/executives
Replies: 51
Views: 4117

Re: Senior management/executives

You should take notes and write down timelines and what was discussed. Maybe even try create an email trail just between you two then you can use it to back yourself for defense.
by Mr.BB
Tue May 21, 2019 7:57 pm
Forum: Personal Investments
Topic: Advice on Windfall
Replies: 17
Views: 1945

Re: Advice on Windfall

Take $25,000-$30,000 put aside until next year. That way, no matter what else you choose to do with your money, you won't end up with the "I wish I had bought this, or invested in this" syndrome.
by Mr.BB
Tue May 21, 2019 10:44 am
Forum: Personal Investments
Topic: Retirement goal seems far away
Replies: 25
Views: 2017

Re: Retirement goal seems far away

Does 2009 seem like a long time ago, or just a snapshot?
Plan for the future...live in the moment.
by Mr.BB
Sat May 18, 2019 8:56 pm
Forum: Personal Investments
Topic: Help with estimating expenses in retirement
Replies: 16
Views: 1569

Re: Help with estimating expenses in retirement

add in $3,000 a year for unexpected stuff. If you don't use it that year then you can roll it into the next year's amount (giving you more of a cushion) for the unexpected things that happen in life and that is not in your budget.
by Mr.BB
Fri May 17, 2019 8:14 am
Forum: Investing - Theory, News & General
Topic: We’ve won the game...but how do we stop playing?
Replies: 76
Views: 8098

Re: We’ve won the game...but how do we stop playing?

Do you know about the rest of her holdings? Does her. social security / pension / possible annuity cover all her expenses or most of them right now, so even if the market crashes she still is okay, and she knows this. It sounds like she actually handle the 2008 crash pretty well with her current hol...
by Mr.BB
Wed May 15, 2019 7:12 am
Forum: Personal Investments
Topic: One time fee only advisor - costs?
Replies: 20
Views: 1823

Re: One time fee only advisor - costs?

Why not get quotes from more advisors? Check out the Garnett Network, you'll be able to find experts with different backgrounds and of course prices.
by Mr.BB
Wed May 15, 2019 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 107
Views: 6562

Re: Do you reward yourself for achieving a financial goal?

TomatoTomahto wrote:
Wed May 15, 2019 5:45 am
When we hit a significant milestone, I now buy Kona coffee without feeling like I’m a spendthrift.

I still can’t get myself to splurge on business class tickets.
+1
by Mr.BB
Fri May 10, 2019 9:24 pm
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 68
Views: 6382

Re: Any conservative young investors?

28 living in a medium-high COL area. I'm currently at 80/20 but I have been sorely tempted to just go all-in with one of Vanguard's balanced funds at 60/40. My reasoning is that I don't necessarily need to take the risk. I have a 60% savings rate on a mid-six-figure income and based on historical r...
by Mr.BB
Fri May 10, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 126
Views: 17565

Re: Cash - Throw it all on the table!!!

We keep basically one year of expenses in cash $60,000 (supplemental savings acct) for cash on hand. We have more saved in other savings accounts, but they are for specific items like new car account or a vacation fund, etc. The good news is that cash( piece of mind), now earns 2%
by Mr.BB
Fri May 10, 2019 8:37 pm
Forum: Investing - Theory, News & General
Topic: 17 of our 18 equity-focused American Funds have delivered index-beating lifetime results.
Replies: 34
Views: 3065

Re: 17 of our 18 equity-focused American Funds have delivered index-beating lifetime results.

403b Salesman gave me this today. Comments? https://www.americanfunds.com/advisor/pdf/shareholder/mfcpfl-132_tcaii.pdf It's misleading at best. I did a spot-check on the American Funds web site looking at prospectus information for some of these funds. The ones I looked at (The Investment Company o...
by Mr.BB
Fri May 10, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Term4Sale callbacks trying to upsell?
Replies: 25
Views: 1805

Re: Term4Sale callbacks trying to upsell?

Grt2bOutdoors wrote:
Fri May 10, 2019 5:26 pm
If you're not happy with these 3 agents, you have the right to shop with other agents.
You can try Zander.com or Select Quote or you can shop at an independent insurance broker. Lot's of choices.
+1
by Mr.BB
Fri May 10, 2019 5:53 pm
Forum: Personal Investments
Topic: Time to fire the financial assistant. Help me with the courage.
Replies: 41
Views: 4079

Re: Time to fire the financial assistant. Help me with the courage.

If you really think he is "that nice", just wait until you remove the funds from him. You'll never hear from him again...a "real friend" !
I understand this is not your comfort zone, but remember he has been basically stealing from your mom and you for years! Think about that!
by Mr.BB
Fri May 10, 2019 5:07 pm
Forum: Personal Investments
Topic: Why are intermediate term bonds (VWITX) often recommended on these forums over short term bonds (VWSTX)?
Replies: 24
Views: 2476

Re: Why are intermediate term bonds (VWITX) often recommended on these forums over short term bonds (VWSTX)?

Is that additional .4% yield really worth the 5+ yr interest rate risk? Or am I thinking about this wrong? In other words, why would anyone invest in intermediate term bonds instead of short term bonds with these current yields? I think that one common misperception about bond risk might be underly...
by Mr.BB
Fri May 10, 2019 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Term4Sale callbacks trying to upsell?
Replies: 25
Views: 1805

Re: Term4Sale callbacks trying to upsell?

An agent's first goal is not to get you the best policy for your needs, but to get you to spend more.
Know your numbers and tell them you know what you need and how much you want to spend. Though it will be interesting to hear all 3 agents offers.
by Mr.BB
Thu May 09, 2019 12:17 am
Forum: Personal Consumer Issues
Topic: Island life?
Replies: 54
Views: 6916

Re: Island life?

1 Island "culture". (IE: Hawaii's local culture is so different than the mainland that it might as well be another country, in context). 2 Pace (what pace? there is none) IE: what time? . . . . when I get there, you get there, everyone gets there. 3 Food (the most authentic best of every culture ev...
by Mr.BB
Wed May 08, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Island life?
Replies: 54
Views: 6916

Re: Island life?

Our goal when we retire is to take 2 to 3 months a year and spend a month in Hawaii (Maui's our favorite), maybe a month in Europe somewhere, and a couple weeks somewhere else. We visit Hawaii all the time but living here full-time is not the same as visiting; as the saying goes "absence makes the h...
by Mr.BB
Tue May 07, 2019 11:54 am
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 13518

Re: I tried to fire my financial advisor of 12 years today...

just1question wrote:
Tue May 07, 2019 6:37 am
Let me tell you something from personal experience: A FA is not your buddy, pal, or friend. In most cases, once you fire a financial advisor, you are essentially dead to him. That's not friendship. You will get over it quickly.
+1
by Mr.BB
Sun May 05, 2019 1:42 pm
Forum: Personal Investments
Topic: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?
Replies: 83
Views: 6173

Re: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?

"If you don't know where your going, any path will do."
A plan is like a road map for your lifetime trip. You can make changes along the way. When you start crunching and understanding the numbers, you will have a better chance of reaching your destination.