Search found 6872 matches

by Sandtrap
Tue Jun 25, 2019 10:27 am
Forum: Personal Investments
Topic: Retired: Don't want to outlive my funds
Replies: 26
Views: 1393

Re: Retired: Don't want to outlive my funds

Considerations: 1 Your existing plan is well thought out and more than adequate for your needs. Consider diversification of your funds in: CD ladders, High Yield Accounts, Money Market (federal treasuries), etc. 2 Consider an SPIA Annuity. No other type. For some of your existing funds. You don't ha...
by Sandtrap
Tue Jun 25, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Tenant identity theft issue on lease
Replies: 28
Views: 2277

Re: Tenant identity theft issue on lease

Lesson learned here. I have been renting out for about 9 years and first time, I have seen this type of issue. In future, I plan to ask for copy of driver license as well as witness signature to avoid this scenario. I may consider asking to have it notarized to be on the safe side. Keep your leases...
by Sandtrap
Tue Jun 25, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Buying Parent's Home Below Market
Replies: 27
Views: 2502

Re: Buying Parent's Home Below Market

amarieboud wrote:
Mon Jun 24, 2019 3:49 pm
Hello,

Is there a way to accomplish this goal that is fair to my siblings?
That is your mother's concern.
I have just posted a lengthy missive about this.
Please refer to it as you wish.
j
by Sandtrap
Tue Jun 25, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Buying Parent's Home Below Market
Replies: 27
Views: 2502

Re: Buying Parent's Home Below Market

Given that you are already living in the house at below market rent, your brother may feel that you are already getting a financial benefit from your mother that the other siblings are not. But is he aware that you are paying some of your mother’s expenses? “Fair” is in the eye of the beholder. The...
by Sandtrap
Tue Jun 25, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 59
Views: 3862

Re: How did you lower your annual expenses?

... only two children to care for, I am just amazed at our spend! What did you do to dramatically reduce your bills? We stopped spending on our children and kicked them out of the house. Best move we ever made. But kids got hand-me-down from cousins and friends. Also we made them eat at their frien...
by Sandtrap
Tue Jun 25, 2019 7:52 am
Forum: Personal Consumer Issues
Topic: Belt sander or disc sander for refinishing decks?
Replies: 25
Views: 1695

Re: Belt sander or disc sander for refinishing decks?

Then use a vibrating "plate sander" floor sanding machine for the field. They are heavy, you walk behind it. Rent it. Don't use a rotary sander as it will leave marks. Do not use a drum sander. Orbital is fine. Choose your grit carefully. j My experience is much different from yours. The vibrating ...
by Sandtrap
Mon Jun 24, 2019 10:48 pm
Forum: Personal Consumer Issues
Topic: Facebook reading our minds?
Replies: 22
Views: 1405

Re: Facebook reading our minds?

That's nothing.
My DW's been reading my mind for nearly 40 years. :shock:
She'll even tell me what I'm thinking before I think it. :shock:
Facebook could learn a thing or two.
j
by Sandtrap
Mon Jun 24, 2019 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Oahu Hotels
Replies: 8
Views: 742

Re: Help with Oahu Hotels

Lagoon Tower. Ocean facing room. High as possible. (lower units can get noisy from the activity below). Anywhere in the Hilton is nice. (again, ocean facing, "makai") "Mauka" facing rooms get the cool tradewinds but traffic noise from Kapiolani Blvd. "Ocean" side gets the setting sun toward Ewa sid...
by Sandtrap
Mon Jun 24, 2019 6:24 pm
Forum: Personal Consumer Issues
Topic: [Replaced decking with treated pine. What to use for coating?]
Replies: 2
Views: 151

Re: [Replaced decking with treated pine. What to use for coating?]

You will have to refinish less if you use a quality primer and paint the deck. If you use solid color stain, or any stain, you will have to power wash, etc, and re stain every so many years. But, once you commit to either finish, that's about it. It's tough to paint over stain, can be done, but is a...
by Sandtrap
Mon Jun 24, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Belt sander or disc sander for refinishing decks?
Replies: 25
Views: 1695

Re: Belt sander or disc sander for refinishing decks?

Anyone know how to tell the difference between paint and solid-color stain? And if it makes any difference which one you have? Or is solid-color stain just a thin version of paint? No. Solid color stain has a high solvent percentage as it is made to soak into the material. Depending on finish, it m...
by Sandtrap
Mon Jun 24, 2019 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Oahu Hotels
Replies: 8
Views: 742

Re: Help with Oahu Hotels

Lagoon Tower. Ocean facing room. High as possible. (lower units can get noisy from the activity below). Anywhere in the Hilton is nice. (again, ocean facing, "makai") "Mauka" facing rooms get the cool tradewinds but traffic noise from Kapiolani Blvd. "Ocean" side gets the setting sun toward Ewa side...
by Sandtrap
Mon Jun 24, 2019 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Triage in ER - charged $790
Replies: 60
Views: 3775

Re: Triage in ER - charged $790

I had a nasty 911 and EMS ride to the ER and full workup, no admitting, a few years ago. The bill was horrendous. Every charge accounted for down to the tiniest service and product. Insurance paid a good bit, but my end was still pretty hefty. When you walk into the ER, you are paying for them to ha...
by Sandtrap
Mon Jun 24, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant identity theft issue on lease
Replies: 28
Views: 2277

Re: Tenant identity theft issue on lease

... All of this is very state dependent though and OP never gave us the state. From the timelines of the eviction process to how easy/possible it is non-renew leases without showing cause will all influence the optimal lease length and approach. As best I can tell, OP is not concerned about the evi...
by Sandtrap
Mon Jun 24, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant identity theft issue on lease
Replies: 28
Views: 2277

Re: Tenant identity theft issue on lease

In my state, the standard lease document has a place for tenant signature and a witness signature. I'm assuming your lease does not have that. Lesson learned here. I have been renting out for about 9 years and first time, I have seen this type of issue. In future, I plan to ask for copy of driver l...
by Sandtrap
Mon Jun 24, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new construction inventory home. Seemingly standard feature appears missing. What to do?
Replies: 41
Views: 2388

Re: Buying new construction inventory home. Seemingly standard feature appears missing. What to do?

Turns out the window seat wasn’t structural at all. There was already an inset in the wall for it. I misread the floor plan. They apologized for missing it and I thanked them profusely. All was friendly and civil. Great outcome. The Window Seat will be installed by Closing. Thanks again to everyone...
by Sandtrap
Mon Jun 24, 2019 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant identity theft issue on lease
Replies: 28
Views: 2277

Re: Tenant identity theft issue on lease

In my state, the standard lease document has a place for tenant signature and a witness signature. I'm assuming your lease does not have that. Lesson learned here. I have been renting out for about 9 years and first time, I have seen this type of issue. In future, I plan to ask for copy of driver l...
by Sandtrap
Mon Jun 24, 2019 5:03 pm
Forum: Personal Consumer Issues
Topic: Belt sander or disc sander for refinishing decks?
Replies: 25
Views: 1695

Re: Belt sander or disc sander for refinishing decks?

I had 2 2x6 PT decks with a solid color stain close to ground level. It was an annual chore to move everything off the decks, pressure wash the parts that were peeling which always led to more parts peeling, replace the parts that were rotting, spend a morning re-staining and hope it didn't rain an...
by Sandtrap
Mon Jun 24, 2019 5:01 pm
Forum: Personal Consumer Issues
Topic: Belt sander or disc sander for refinishing decks?
Replies: 25
Views: 1695

Re: Belt sander or disc sander for refinishing decks?

Use compact vibrating palm sanders to do where the larger machine can't get. Then use a vibrating "plate sander" floor sanding machine for the field. They are heavy, you walk behind it. Rent it. Don't use a rotary sander as it will leave marks. Do not use a drum sander. Orbital is fine. Choose your ...
by Sandtrap
Mon Jun 24, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Parent's Home Below Market
Replies: 27
Views: 2502

Re: Buying Parent's Home Below Market

Considerations and thoughts: 1. Does your mother have title to the home by herself? 2. Is there already a trust in place and you and your siblings are successor trustees, or one of you, or all, have POA? 3. Is there anything in writing that states that your siblings and yourself have ownership in th...
by Sandtrap
Mon Jun 24, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: Balsamic vinegar?
Replies: 42
Views: 5320

Re: Balsamic vinegar?

If you have an olive oil specialty shop near you, I'd suggest looking there. I've purchased some high-quality balsamic from these kinds of shops. They even let you taste a sample before purchasing so you can find exactly what you're looking for. +1 DW cooks Italian and is critical. There's a specia...
by Sandtrap
Mon Jun 24, 2019 1:22 pm
Forum: Personal Consumer Issues
Topic: Clearing undergrowth and bush
Replies: 28
Views: 1476

Re: Clearing undergrowth and bush

Can you wait until winter to do your clearing? I do most of mine after the leaves drop off. This has two advantages: You can see what you are doing and it is easier to dispose of the brush without the leaves. Winter (or post-frost Fall, through cool Spring weather) also has the advantage that any y...
by Sandtrap
Mon Jun 24, 2019 12:56 pm
Forum: Investing - Theory, News & General
Topic: Dollar General
Replies: 25
Views: 1928

Re: Dollar General

"Bogle Basics" generally encourages owning the entire market. IE: Total Stock. vs single funds which encourage market timing and trading. There are many single funds that are doing great at any one time or with a track record, and then again there are those that are like that but fall not long after...
by Sandtrap
Mon Jun 24, 2019 12:37 pm
Forum: Personal Investments
Topic: Stashing cash for a home purchase in 10 years
Replies: 15
Views: 1234

Re: Stashing cash for a home purchase in 10 years

10 year savings. Down payment on home. 1. Security of principal. a) If you put it in funds and the market drops, you will lose principal. 2. Liquidity. a) Your home purchase plan is 10 years. What if a great deal and life timing happens in 8? 3. Accessibility. a) Same as #2 Annuities: likely not a g...
by Sandtrap
Mon Jun 24, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new construction inventory home. Seemingly standard feature appears missing. What to do?
Replies: 41
Views: 2388

Re: Buying new construction inventory home. Seemingly standard feature appears missing. What to do?

Whether on your contract or not, do everything you can to get the house however you want, within reason IE: structural changes. Some changes will be to remedy what is missing, some changes you will pay for. Builders and developers go through this every day. They can do it, even reluctantly, but the...
by Sandtrap
Mon Jun 24, 2019 9:52 am
Forum: Personal Investments
Topic: Vanguard CD’s vs Bank CD’s For CD Ladder
Replies: 5
Views: 590

Re: Vanguard CD’s vs Bank CD’s For CD Ladder

Resources for others: Vanguard Fixed Rates as of today: https://personal.vanguard.com/us/FixedIncomeHome Fidelity Fixed Rates as of today: https://fixedincome.fidelity.com/ftgw/fi/FILanding Fidelity CD ladder rate and construction page: https://fixedincome.fidelity.com/ftgw/fi/FILanding#tbindividua...
by Sandtrap
Mon Jun 24, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Buying new construction inventory home. Seemingly standard feature appears missing. What to do?
Replies: 41
Views: 2388

Re: Buying new construction inventory home. Seemingly standard feature appears missing. What to do?

Whether on your contract or not, do everything you can to get the house however you want, within reason IE: structural changes. Some changes will be to remedy what is missing, some changes you will pay for. Builders and developers go through this every day. They can do it, even reluctantly, but they...
by Sandtrap
Mon Jun 24, 2019 7:57 am
Forum: Personal Investments
Topic: Vanguard CD’s vs Bank CD’s For CD Ladder
Replies: 5
Views: 590

Re: Vanguard CD’s vs Bank CD’s For CD Ladder

Resources for others: Vanguard Fixed Rates as of today: https://personal.vanguard.com/us/FixedIncomeHome Fidelity Fixed Rates as of today: https://fixedincome.fidelity.com/ftgw/fi/FILanding Fidelity CD ladder rate and construction page: https://fixedincome.fidelity.com/ftgw/fi/FILanding#tbindividua...
by Sandtrap
Mon Jun 24, 2019 7:54 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3803
Views: 1094238

Re: What Book Are You Currently Reading? Part VI

Just finished: Investing in REIT's by Ralph L. Block https://smile.amazon.com/gp/product/1118004450/ref=ppx_yo_dt_b_search_asin_title?ie=UTF8&psc=1 It was refreshingly substantive with little fluff compared to a lot of what's out there on the subject. Excellent to fill in any gaps of knowledge for t...
by Sandtrap
Mon Jun 24, 2019 7:44 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3803
Views: 1094238

Re: What Book Are You Currently Reading? Part VI

"The God Delusion" by Richard Dawkins. I liked it and other similar unconventional viewpoints. There is a YouTube presentation also. I liked the book better. Good Luck! I also just finished Dawkin's book. This was my lst exposure to his works and similar. I have a very long "minor" in philosophy, s...
by Sandtrap
Mon Jun 24, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Clearing undergrowth and bush
Replies: 28
Views: 1476

Re: Clearing undergrowth and bush

I need to clear 20x30 ft area of blackberry vines that are no longer producing. I don't want to run my mower over them because I might get a flat. A gasoline powered hedge trimmer will work...but I would have to get down low. I'll probably start with that. A grass whip would also work: https://www....
by Sandtrap
Mon Jun 24, 2019 7:40 am
Forum: Personal Consumer Issues
Topic: Clearing undergrowth and bush
Replies: 28
Views: 1476

Re: Clearing undergrowth and bush

I have a lot of undergrowth and small bushes on my lot growing between trees. What tool/tools could I use to clear them ? I have clippers and a pole pruner. The pruner works wonderfully on small branches, stems etc., but is not useful when cutting through undergrowth with dozens of small stalks and...
by Sandtrap
Mon Jun 24, 2019 7:25 am
Forum: Personal Investments
Topic: Div Reinvest When Starting Withdrawals?
Replies: 6
Views: 559

Re: Div Reinvest When Starting Withdrawals?

Here is an explanation of various withdrawal strategies on the forum "Wiki": https://www.bogleheads.org/wiki/Withdrawal_methods (includes answers to "dividend withdrawal" advantages and disadvantages) (Yes. You can turn off "dividend auto-reinvestment" but there's more to know) It will answer your q...
by Sandtrap
Sun Jun 23, 2019 5:35 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 161
Views: 8867

Re: What percentage of total portfolio in REIT's do you have? Why?

put the correlation of REITs to Equities as .55 That's somewhat midway, in concept, between equities and bond funds. Is that correct? First, correlation varies a lot between different time periods. They give you only a rough idea of what may happen in the future. For the period and funds I discusse...
by Sandtrap
Sun Jun 23, 2019 5:32 pm
Forum: Personal Consumer Issues
Topic: Developer-hired engineer inspection of neighborhood houses
Replies: 6
Views: 680

Re: Developer-hired engineer inspection of neighborhood houses

On my small dead-end street in major urban area, a developer is planning a demolition of a small (under 1000 square feet) house on a corner lot to replace it with two very large houses. At present the street has 8 similar size 1 1/2 story houses built in the 1920s. The neighborhood was built on for...
by Sandtrap
Sun Jun 23, 2019 1:25 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 161
Views: 8867

Re: What percentage of total portfolio in REIT's do you have? Why?

I took another look a REITs using Portfolio Visualizer. I was surprised to see that REITs have had a better return than the US total stock market (TSM). Of course these are highly period dependent. I used VTSAX (Vanguard Total Stock Mkt Idx Admiral) and VGSLX (Vanguard Real Estate Index Admiral). L...
by Sandtrap
Sun Jun 23, 2019 1:21 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 161
Views: 8867

Re: What percentage of total portfolio in REIT's do you have? Why?

I purchased several investment properties from 2010-2013 and have been selling them off over the last 2 years to take advantage of the strong market. Prior to selling, equity in my real estate portion was approximately 20%-25% of our total investment portfolio. After some sales it's down to around ...
by Sandtrap
Sun Jun 23, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: roofer randomly showing up to home
Replies: 28
Views: 763

Re: roofer randomly showing up to home

To further post #1, the guy didn't take any measurements on site. When leaving he stated he would return to 'take measurements', I asked "when would that be?" He was vague about it and wouldn't give a day and time. So this implies he would be randomly showing up to the home a 2nd time. Ahhhh, no. I...
by Sandtrap
Sun Jun 23, 2019 10:13 am
Forum: Personal Consumer Issues
Topic: roofer randomly showing up to home
Replies: 28
Views: 763

Re: roofer randomly showing up to home

Does not seem peculiar to me. These guys are not the most astute business people because they are used to hammers, nails, nail guns, and building supplies. That is, they are not used to people. +1 I deal with this all the time. And, the ones that are good and busy, are the hardest to get to the job...
by Sandtrap
Sun Jun 23, 2019 10:10 am
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 161
Views: 8867

Re: What percentage of total portfolio in REIT's do you have? Why?

REITs as a separate sector fund comprise about 1.7% of our entire portfolio, which is currently around 74/26. Like others, I started simplifying and reducing the number of holdings as I've adopted a more Boglehead approach. This REIT holding and VDIGX (Vanguard Dividend Growth Fund) are the remaini...
by Sandtrap
Sun Jun 23, 2019 9:08 am
Forum: Forum Issues and Administration
Topic: Why not add a forum "Ask a Retiree"
Replies: 11
Views: 863

Re: Why not add a forum "Ask a Retiree"

There are lots of smart, articulate retirees and early retirees here with valuable life experiences and insights. Why not create a group where we can ask them questions and discuss things directly with them, I think it would be interesting. I doubt most people read the forums separately - they sele...
by Sandtrap
Sun Jun 23, 2019 8:56 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 210
Views: 16718

Re: Crypto bulls are back. Are you getting in?

What is the measurable correlation between Bitcoin/Crypto-Currency; the market, the economy, inflation, interest rates, and the strength of the dollar (USA)??
by Sandtrap
Sun Jun 23, 2019 8:37 am
Forum: Personal Investments
Topic: Heavy concentration in Electric Utilities
Replies: 20
Views: 1606

Re: Heavy concentration in Electric Utilities

mtmingus wrote:
Sun Jun 23, 2019 8:07 am
I guess you didn't own PG&E shares...
$6 +- at it's low during bankruptcy.
In the 20's now.
by Sandtrap
Sun Jun 23, 2019 7:52 am
Forum: Investing - Theory, News & General
Topic: Net worth and risk tolerance
Replies: 28
Views: 3977

Re: Net worth and risk tolerance

My risk tolerance was zero when I had zero net worth.
It's still zero.

I think this is more of a behavioral issue as well as financial.
j
by Sandtrap
Sun Jun 23, 2019 7:47 am
Forum: Forum Issues and Administration
Topic: Why not add a forum "Ask a Retiree"
Replies: 11
Views: 863

Re: Why not add a forum "Ask a Retiree"

There are lots of smart, articulate retirees and early retirees here with valuable life experiences and insights. Why not create a group where we can ask them questions and discuss things directly with them, I think it would be interesting. What if the majority of the forum posters are "retirees"? ...
by Sandtrap
Sun Jun 23, 2019 7:43 am
Forum: Personal Investments
Topic: 31 and needing outsider critique on finances - Correct Format!
Replies: 38
Views: 4911

Re: 31 and needing outsider critique on finances - Correct Format!

Questions: 1. Where can I tighten things up 2. just overall "best" moves to maximize wealth 3. Anything else you think would be helpful Thank you for patience with me in regards to getting the format right and thank you your help! Everyone's already given great help thusfar. Not much for me to add....
by Sandtrap
Sun Jun 23, 2019 7:35 am
Forum: Personal Investments
Topic: Heavy concentration in Electric Utilities
Replies: 20
Views: 1606

Re: Heavy concentration in Electric Utilities

My wife and I are retired, both have pensions, both get soc. sec., no debts. Our IRAs are about 500k, which about 250k in electric utilities and 250k in cds. These funds will be past on our children. Should I be more concerned about the high concentration in Utility Stocks for the next 18 months ? ...
by Sandtrap
Sun Jun 23, 2019 7:28 am
Forum: Personal Investments
Topic: Emergency Fund AA
Replies: 18
Views: 1276

Re: Emergency Fund AA

I hate to beat a dead horse, but I already got on my jockey costume so [deleted -- mod oldcomputerguy] I’m looking to put together a layered emergency fund with 12 months of my expenses (60k) as outlined below. I know there is about an even split on this forum about the need for one since you can d...
by Sandtrap
Sun Jun 23, 2019 7:27 am
Forum: Investing - Theory, News & General
Topic: Bitcoin Talk
Replies: 16
Views: 1435

Re: Bitcoin Talk

What is the measurable correlation between Bitcoin/Crypto-Currency; the market, the economy, inflation, interest rates, and the strength of the dollar (USA)??