Search found 4559 matches

by Sandtrap
Sun Jun 17, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 178
Views: 35641

Re: Bogleheads, tell me about your 40's?

The 40’s........age...
Woodstock and Disco a distant memory.
Big money bigger bills.
Teenagers....
Long gone in the retirement “rear view mirror”...

Onward
J🏝
by Sandtrap
Sun Jun 17, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Best tips for starting a new job
Replies: 16
Views: 775

Re: Best tips for starting a new job

Courtesy Respect Acknowledgement Professionalism Learn obvious and not so obvious protocols. (where the lines are) Careful with "new friends" and "gossip". Prepare to be tested, personally and professionally. Humility (ego in check). Communicate without being needy, showy, whiny, too light or heavy,...
by Sandtrap
Sat Jun 16, 2018 8:37 pm
Forum: Personal Consumer Issues
Topic: How do you read books?
Replies: 15
Views: 1226

Re: How do you read books?

Likely, the author has an "organic" understanding of a non fiction book. It might be concepts that are hard to grasp without long explanations and so forth. Or, more "nut and bolt" steps and procedures that may seem complex at first and then simpler with real life application and repetition. Either ...
by Sandtrap
Sat Jun 16, 2018 8:27 pm
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 58
Views: 7814

Re: Oh my! Cardone says we need $10m net worth

If getting really wealthy is your goal, perhaps listening to someone with a $150MM net worth is better idea than someone who thinks $10MM is a lot. Grant Cardone had a crippling drug addiction and $0 to his name at age 25. Here is a powerful interview, very well done by London Real. If you want to ...
by Sandtrap
Sat Jun 16, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $50K+ down payment money for five years?
Replies: 45
Views: 3155

Re: Where to invest $50K+ down payment money for five years?

For a 5 year time horizon. 1 Security of principal. 2 Liquidity If you have funds in equities and the value of those funds drop by 30% when you need it. Then what? If you have substantial income streams and funds already invested, then you could absorb the shock of that. But, if not, then what? The...
by Sandtrap
Sat Jun 16, 2018 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Lost job. Take early SS or draw from accounts?
Replies: 26
Views: 2662

Re: Lost job. Take early SS or draw from accounts?

RE: medical coverage. She may qualify for a substantial ACA subsidy with low premiums. Certainly worth checking into. Though not well accepted, your suggestion makes sense. Try again. Plant seeds. Perhaps she will be more receptive to your advice if things turn more dire. j If her MAGI this year is...
by Sandtrap
Sat Jun 16, 2018 8:15 pm
Forum: Personal Consumer Issues
Topic: convert 4 wire to a 3 wire switch
Replies: 15
Views: 1405

Re: convert 4 wire to a 3 wire switch

The Wizard wrote:
Sat Jun 16, 2018 7:31 pm
Since the OP has yet to return, speculation on this problem is futile...
+1
Agreed.
by Sandtrap
Sat Jun 16, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3359

Re: Contractor - Threatening Lien/Lawsuit

Next time hire a licensed, bonded, insured, contractor with a verified reputation in the community for excellent work and business practice. aloha, j I will soon be hiring contractors for a new roof and addition of a car garage. I understand "licensed" Presumably the contractor will be on a databas...
by Sandtrap
Sat Jun 16, 2018 6:23 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 40
Views: 1997

Re: A different theoretical view of SWR

Yup. But you'll still find people on this board who believe they need 50x expenses to fund 30 years :shock: When I've looked at withdrawals rates, basing it on life expectancy makes the most sense to me. In the later years you can likely use remaining balance to buy an immediate annuity to insure y...
by Sandtrap
Sat Jun 16, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 40
Views: 1997

Re: A different theoretical view of SWR

At a minimum, keeping up with inflation makes sense if looked at this way. (albeit simplistically). :shock: For example: 30 year projection post retirement. Annual expenses 100k/year. 3 million in the portfolio in any mix and proportion. Or. . . in a mattress or pile in a "storage unit" such as in t...
by Sandtrap
Sat Jun 16, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: What are your hobbies?
Replies: 44
Views: 2600

Re: What are your hobbies?

In no particular order: Naps :D Bogleheads forum Studying investment finance and keeping up on the R/E market. Photography (professional) Naps :D Guitar, ukulele, music ATV exploring, marksmanship, prospecting Fixing up our mini-ranch and home, building. Naps :D Corresponding Globally with paper an...
by Sandtrap
Sat Jun 16, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Lost job. Take early SS or draw from accounts?
Replies: 26
Views: 2662

Re: Lost job. Take early SS or draw from accounts?

RE: medical coverage. She may qualify for a substantial ACA subsidy with low premiums. Certainly worth checking into. Though not well accepted, your suggestion makes sense. Try again. Plant seeds. Perhaps she will be more receptive to your advice if things turn more dire. I suggested she move to a L...
by Sandtrap
Sat Jun 16, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $50K+ down payment money for five years?
Replies: 45
Views: 3155

Re: Where to invest $50K+ down payment money for five years?

For a 5 year time horizon. 1 Security of principal. 2 Liquidity If you have funds in equities and the value of those funds drop by 30% when you need it. Then what? If you have substantial income streams and funds already invested, then you could absorb the shock of that. But, if not, then what? The...
by Sandtrap
Sat Jun 16, 2018 4:52 pm
Forum: Personal Consumer Issues
Topic: Patio high back chair cushions
Replies: 4
Views: 309

Re: Patio high back chair cushions

runner3081 wrote:
Sat Jun 16, 2018 2:23 pm
Prices for cushions are terrible.

The one place that I found the best prices was Big Lots.
+1
Big Lots
by Sandtrap
Sat Jun 16, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Standard buyer's remorse or poorly timed enlightenment?
Replies: 35
Views: 2372

Re: Standard buyer's remorse or poorly timed enlightenment?

1 Stop -- do not sell your home. (standard buyers remorse common with every new situation, car buying, marriage, etc) 2 Breath 3 Commit to not worrying about it and decide to reevaluate your situation in 6 months. 4 Continue as usual 5 After 6 months, reevaluate your situation and decide to reevalua...
by Sandtrap
Sat Jun 16, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Back to Treasurys...
Replies: 17
Views: 1908

Re: Back to Treasurys...

Also:
Image
by Sandtrap
Sat Jun 16, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $50K+ down payment money for five years?
Replies: 45
Views: 3155

Re: Where to invest $50K+ down payment money for five years?

For a 5 year time horizon. 1 Security of principal. 2 Liquidity If you have funds in equities and the value of those funds drop by 30% when you need it. Then what? If you have substantial income streams and funds already invested, then you could absorb the shock of that. But, if not, then what? Ther...
by Sandtrap
Sat Jun 16, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: What are your hobbies?
Replies: 44
Views: 2600

Re: What are your hobbies?

In no particular order: Naps :D Bogleheads forum Studying investment finance and keeping up on the R/E market. Photography (professional) Naps :D Guitar, ukulele, music ATV exploring, marksmanship, prospecting Fixing up our mini-ranch and home, building. Naps :D Corresponding Globally with paper and...
by Sandtrap
Sat Jun 16, 2018 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: 47 and clueless - direction needed
Replies: 43
Views: 4314

Re: 47 and clueless - direction needed

OP, Please keep us posted what you decide to do and if you decide to switch to Vanguard or Fidelity or other financial institute, I hope you have a easy process and transition. I didn't waste any time. Already spoke with Vanguard and they are in the transfer process. I have filled out the paperwork...
by Sandtrap
Sat Jun 16, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Cash question
Replies: 14
Views: 1126

Re: Cash question

Image
by Sandtrap
Sat Jun 16, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: 25 Y/O Seeking Opinions
Replies: 7
Views: 479

Re: 25 Y/O Seeking Opinions

Welcome.

1 Frugality (read MMM mister money mustache, Dave Ramsey, etc).
2 Pay off those student loans ASAP.
3 Maximize income.
4 Keep up the good work.

j
by Sandtrap
Sat Jun 16, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Long time retirees: how much do you really need?
Replies: 11
Views: 2352

Re: Long time retirees: how much do you really need?

I think we've been over this general topic before. At 5+ years into retirement, I like to keep my "basic expenses" to less than half of my retirement income. This gives me significant extra funds for discretionary expenses. As an example, I just got advance notice of a month-long trip to New Zealan...
by Sandtrap
Sat Jun 16, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Long time retirees: how much do you really need?
Replies: 11
Views: 2352

Re: Long time retirees: how much do you really need?

I have found that retirement expenses are more variable from year to year than my annual expenses were when working. There are different financial episodes in retirement and many are unpredictable. IE: home upgrades, health expenses (big one), and so forth. It helps to have a substantial cash cushio...
by Sandtrap
Sat Jun 16, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Invest $200k+ Down Payment Money?
Replies: 3
Views: 326

Re: Invest $200k+ Down Payment Money?

For a 5 year time horizon.
1 Security of Principal
2 Liquidity

Money Market, High Yield accounts, Brokerage CD's and CD Ladder, etc.
Image
by Sandtrap
Sat Jun 16, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Good family portrait place
Replies: 5
Views: 308

Re: Good family portrait place

Go to a professional photographer that does weddings, etc. Look at samples of his/her work. Some are generic. Some are incredible. Look online at various websites in your area. Decide on location or in studio. Better photographers will often have a studio. Verify quality of work, reputation, etc. Ow...
by Sandtrap
Sat Jun 16, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Should fixed income allocation necessarily change over the years?
Replies: 11
Views: 637

Re: Should fixed income allocation necessarily change over the years?

Simplistically, increase "fixed" when you have more to lose than to gain, and to protect what you have accumulated. Read/google forum archives for: 1 Retirement Red Zone ("davidjay" posted the link above) 2 Sequence of Returns Risk 3 Bond Tent You can get more comprehensive suggestions specific to y...
by Sandtrap
Sat Jun 16, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3359

Re: Contractor - Threatening Lien/Lawsuit

Scam. Ignore him and move on. The issue with that is the problem isn't solved and other people will continue to be ripped off. This happened to me years ago. I posted the complaint to every website and consumer watch group I could find. I ended up okay but others may get ripped off if not for being...
by Sandtrap
Sat Jun 16, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Full house purchase price vs loan and where to stash the moolah
Replies: 4
Views: 356

Re: Full house purchase price vs loan and where to stash the moolah

This is probably the most common questions on Bogelhead forum...but on my search I could not find this specifically addressed: I am saving to build a house in the 450-500K range. We will not be needing a loan to buy the house. It seems ridiculous to keep that amount of money in a MM fund (or even h...
by Sandtrap
Sat Jun 16, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: Functional Medicine/ managing the costs
Replies: 31
Views: 1289

Re: Functional Medicine/ managing the costs

"Functional Medicine". . very catchy.

Actionably, as in all things.
1. Research
2. Verify
3. Buyer Beware
by Sandtrap
Fri Jun 15, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 60
Views: 3654

Re: Flaw in Logic? CD ladder instead of bond funds

The yield premiums were much richer during those years than they are now, so I don't know why someone who really knew what was going on would be thinking about CDs now if they weren't then. I'm one who wasn't but is now. I did not really have the ability to conveniently put much in direct bank CDs,...
by Sandtrap
Fri Jun 15, 2018 11:02 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 60
Views: 3654

Re: Flaw in Logic? CD ladder instead of bond funds

Not "instead'. . .
Do both concurrently in varying degrees of liquidity.
1 Cash, high yield accounts.
2 CD ladder
4 Bond Funds
by Sandtrap
Fri Jun 15, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: How confident are you with this scenerio?
Replies: 11
Views: 1435

Re: How confident are you with this scenerio?

Welcome. Congratulations on your successes and pursuing a well thought out plan. At this point, you have more to lose than to gain. So. . . read this. Outstanding write up on the 64/40 allocation by Bernstein. http://web.archive.org/web/20061214061904/http:/dfmadvisors.com/pdf/Bernstein6040.pdf R. F...
by Sandtrap
Fri Jun 15, 2018 4:55 pm
Forum: Personal Consumer Issues
Topic: Too much house vs. just enough
Replies: 38
Views: 3227

Re: Too much house vs. just enough

IMHO buy the most house you can "comfortably and reasonably" afford. You will use all of it and never regret it.
j
by Sandtrap
Fri Jun 15, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: Our interview with Taylor Larimore
Replies: 7
Views: 1856

Re: Our interview with Taylor Larimore

Great link, "barry".
Thanks Taylor for the inspiration.

mahalo,
jim
by Sandtrap
Fri Jun 15, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3359

Re: Contractor - Threatening Lien/Lawsuit

I am not a lawyer, but seems the agreement was to start on x date. He did not and you agreed together to start on y date. He couldn't due to needing funds to purchase z equipment which you agreed. You gave him the ability via credit card to purchase the z equipment to start on y date and he backed ...
by Sandtrap
Fri Jun 15, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 58
Views: 7814

Re: Oh my! Cardone says we need $10m net worth

Interesting source: Grant Cardone https://grantcardone.com/?gclid=EAIaIQobChMIx62-r83W2wIVBsZkCh1jrwJ6EAAYASAAEgJpfvD_BwE How Grant Cardone built a $350 Million Empire https://www.investopedia.com/articles/personal-finance/072315/how-grant-cardone-built-350m-real-estate-empire.asp How To Get Rich b...
by Sandtrap
Fri Jun 15, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3568

Re: I am STUNNED over how much help my friends recieved with house purchase!

sambb wrote:
Fri Jun 15, 2018 4:32 pm
Just because someone helped them it doesn’t mean the individuals needed the help.

My parents have purchased things for me but I didn’t need them to.

I hope I can buy some things for my kids too.

Good luck.
+1
by Sandtrap
Fri Jun 15, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 58
Views: 7814

Re: Oh my! Cardone says we need $10m net worth

Interesting source: Grant Cardone https://grantcardone.com/?gclid=EAIaIQobChMIx62-r83W2wIVBsZkCh1jrwJ6EAAYASAAEgJpfvD_BwE How Grant Cardone built a $350 Million Empire https://www.investopedia.com/articles/personal-finance/072315/how-grant-cardone-built-350m-real-estate-empire.asp How To Get Rich bo...
by Sandtrap
Fri Jun 15, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 36
Views: 3148

Re: Are Bogleheads smarter than the bond market?

I am not smarter than the bond market.
Thus, for simplicity, Vanguard Total Bond Admiral (VBTLX) is enough for me.
j
by Sandtrap
Fri Jun 15, 2018 4:18 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3359

Re: Contractor - Threatening Lien/Lawsuit

"Contractor" will have to engage legal counsel or file a claim to initiate proceedings. At best, a letter from legal counsel. All of this requires intelligence, costs money, and a fundamental understanding of contract law, contractors and trades laws and practices in your state, and so forth. (sound...
by Sandtrap
Fri Jun 15, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 113
Views: 6807

Re: Which boglehead rule do you break--and are ok with

#9. Simplicity.
I have a hybrid LMP and 10% of total in a "Tier 2" that I call "working capital".
Otherwise, all "Bogle" principles and concepts intact.

Not a rule breaker.
No pink slip.
No visits to the "principles office".

j
by Sandtrap
Thu Jun 14, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Managed Payout Fund
Replies: 29
Views: 2333

Re: Vanguard Managed Payout Fund

If you are seriously considering the Vanguard Managed Payout Fund, also look into SPIA's at "ImmediateAnnuity.com" to compare rates. This gives a different perspective.
j
by Sandtrap
Thu Jun 14, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Skilled trade career advice
Replies: 18
Views: 1406

Re: Skilled trade career advice

OP, I come from a multigenerational business family. 50% of my immediate and extended family is in one form of business or another. I worked on my family business during my childhood. So, the following are my observations about running a small business. The major difference between running a small ...
by Sandtrap
Thu Jun 14, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Skilled trade career advice
Replies: 18
Views: 1406

Re: Skilled trade career advice

Given your answers and existing skillset, inclination, and physicality. Electrician or related fields. 1. You will be able to moderate your work hours according to the jobs you take or don't. 2. If you choose to do " service work" (commercial or residential) there will be consistent smaller money re...
by Sandtrap
Thu Jun 14, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Renting vs Buying a Home
Replies: 24
Views: 1550

Re: Renting vs Buying a Home

I am going to make this real easy for you. Use the following rule of thumb: Monthly Rent x 200 = PRICE If PRICE is more than what houses cost in your neighborhood, then you should buy. If PRICE is less than what houses cost in your neighborhood, then you should rent. In your specific case, your mon...
by Sandtrap
Thu Jun 14, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Renting vs Buying a Home
Replies: 24
Views: 1550

Re: Renting vs Buying a Home

As long as life is in flux, long term personal and financial paths and goals subject to change, and a foundation not yet established. . . . rent.
aloha
j
by Sandtrap
Thu Jun 14, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: calculator to get to desire $$$
Replies: 15
Views: 947

Re: calculator to get to desire $$$

ONLINE FINANCIAL TOOLS PORFOLIO VISUALIZERS, PROJECTIONS, AND ANALYSIS https://www.portfoliovisualizer.com Firecalc. Retirement. How long will your money last? https://www.firecalc.com Morningstar Instant Xray http://www.morningstar.com/portfolio.html?requestUrl=/Rtport/Free/InstantXRayDEntry.aspx O...
by Sandtrap
Thu Jun 14, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Water heater installation situation
Replies: 54
Views: 3847

Re: Water heater installation situation

Glad everything's going to be done correctly and brought up to code.
Might be a good idea to also install an overflow catch drain pan beneath the heater if there is a handy drain to tap into nearby, perhaps an HVAC condensate drain line, etc.
j
by Sandtrap
Thu Jun 14, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Living on Your Investments? What Happens When a Bear Market Hits?
Replies: 53
Views: 7381

Re: Living on Your Investments? What Happens When a Bear Market Hits?

Welcome to the forum :) . Just came across this article and thought he does make a good point, especially considering we are well overdue for a recession.. stocks have been very overvalued for a while and I having really been sure what to do, what do you guys think of his advice? Is anyone doing so...