Search found 2328 matches

by Sandtrap
Sat Nov 18, 2017 1:46 am
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 4641

Re: Help for semi retired friend with 8 figure savings

Curious.. what proportion of your portfolio is in Real estate vs. Equities? I spent many years in Hawaii, I wonder if I knew you? :sharebeer Formally, 100% in R/E. In Hawaii as in other contained HCOL areas, wealth is made in R/E. Historically chronicled in the classic book, "Land and Power in Hawa...
by Sandtrap
Fri Nov 17, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Moving to fund-of-funds - any regrets/downsides?
Replies: 9
Views: 1028

Re: Moving to fund-of-funds - any regrets/downsides?

I've been doing a three fund mix in our accounts for over 10 years. Along the way I've sometimes substituted CD's and treasuries for some of the fixed income size in some accounts. I re-balance once in awhile, I'm not religious about it. I figure my asset allocation can swing 10% and it's still oka...
by Sandtrap
Fri Nov 17, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio / Gathering collective wisdom
Replies: 4
Views: 203

Re: Help with portfolio / Gathering collective wisdom

Welcome :D #2 Depends on the stability of your income stream to cover your needs. #3 Is your priority building up a down payment for a home? How much? At a 90/10 allocation. Are you prepared for a 50% equity drop if the market should someday fall? Have you prepared an IPS Statement and personal stra...
by Sandtrap
Fri Nov 17, 2017 3:27 pm
Forum: Personal Consumer Issues
Topic: Where to buy new iPhone?
Replies: 12
Views: 1057

Re: Where to buy new iPhone?

Apple :D
by Sandtrap
Fri Nov 17, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account investments
Replies: 7
Views: 710

Re: Taxable account investments

Vanguard Balanced Index Fund Admiral Shares?
Not as tax efficient but a great "set and forget".
by Sandtrap
Fri Nov 17, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 62
Views: 2136

Re: Where did you first learn about investing?

From the time I was 18, my mom would send me to every investment, get rich, prosper in R/E, etc, etc, seminar that had arrived in town. Invitations courtesy of her vast financial network and connections. When I came home she'd ask me what I learned and what they presented. Then she proceeded to poke...
by Sandtrap
Fri Nov 17, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 4641

Re: Help for semi retired friend with 8 figure savings

1. I was purposefully vague about the context of our relationship simply because it's the internet. Suffice it to say it's a close & high trust relationship, not just a buddy from college. 2. I have dealt personally with plenty of financial advisors and in particular with those serving High Net Wor...
by Sandtrap
Fri Nov 17, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 4641

Re: Help for semi retired friend with 8 figure savings

Dude seriously?!?!? This guy has 30 million dollars in assets. He has no worries. A businessman with 30 million in assets can be crushed faster than a desk-jockey professional wage earner with 500k in his 401k, IRA, Roth, and EF. The businessman is 1 lawsuit or 1 severe economic downturn coupled wi...
by Sandtrap
Fri Nov 17, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 4641

Re: Help for semi retired friend with 8 figure savings

There is also maybe a degree of overconfidence in predicting the market. I think that is a large reason. Folks who are rich are usually self made business owners. They did it by taking on HUGE risks that paid off. They just assume they can analyze the winners better then everyone else since they ha...
by Sandtrap
Fri Nov 17, 2017 1:25 am
Forum: Investing - Help with Personal Investments
Topic: Moving to fund-of-funds - any regrets/downsides?
Replies: 9
Views: 1028

Re: Moving to fund-of-funds - any regrets/downsides?

LS Income Fund, Wellesly Income Fund, Balanced Index as primary funds.
by Sandtrap
Thu Nov 16, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: RE sale: long close vs. bird-in-hand
Replies: 28
Views: 1784

Re: RE sale: long close vs. bird-in-hand

And I have spent some time with and like the prospective buyers (don't know the others).
Red flag.
Business is business.

"Bird in Hand"
Every day, all day, every time.
Take the win.
j :D
by Sandtrap
Thu Nov 16, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 4641

Re: Help for semi retired friend with 8 figure savings

DaftInvestor wrote:
Thu Nov 16, 2017 9:58 pm
pennywise wrote:
Thu Nov 16, 2017 2:40 pm
Dude seriously?!?!? This guy has 30 million dollars in assets. He has no worries.
Newsflash: just because someone has wealth doesn't mean they have no worries.
+1
Actually, the more wealth, the more worries. Exponentially.
by Sandtrap
Thu Nov 16, 2017 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 4641

Re: Help for semi retired friend with 8 figure savings

$4 MM in municipal bonds keep or consolidate to bond index fund(s) $1 MM in corporate bonds ( in various retirement accounts) consolidate to bond index fund(s) $3 MM in stock (in various retirement accounts) consolidate to equity index fund(s) $5 MM in cash tier to cash, short term CD, MM, etc, etc...
by Sandtrap
Thu Nov 16, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 107
Views: 6159

Re: Do you meditate?

I downloaded the audiobooks "Sleep Learning System:" by Joel Thielke. Also the one's narrated by Rachael Meddows who has a very pleasant voice. There have a variety of affirmations and self-meditations. I find the one's on anxiety, negativity, stress, healing, and sleep and relaxation are very usefu...
by Sandtrap
Thu Nov 16, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Please criticize my asset allocation
Replies: 12
Views: 644

Re: Please criticize my asset allocation

You can also look at the various Vanguard Target Retirement Funds to see how they allocate toward your projected retirement date. I found that age in bonds and 110 rule is too conservative. Actually Vanguard retirement fund (based on the TD name) is riskier, it is 90% stocks You can only find what ...
by Sandtrap
Thu Nov 16, 2017 6:24 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 62
Views: 2136

Re: Where did you first learn about investing?

Imagine Marisa Tomei in the movie "My Cousin Vinnie". . . (brooklyn accent -- replace "mechanic" with apartments.) My dad was a landlord and owned apartments. . . . My uncles all had apartments. . . . My aunties all had apartments. . . . My grandmother had apartments. . . . . So all I knew was R/E a...
by Sandtrap
Thu Nov 16, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Please criticize my asset allocation
Replies: 12
Views: 644

Re: Please criticize my asset allocation

Age in Bonds or 110 minus = equities as a baseline starting point. https://www.bogleheads.org/forum/viewtopic.php?t=194408 Google past threads on "age in bonds" and other "rules of thumb" re: allocation and the discussions will be extensive. Right now you're proposing a starting AA of 85/15. How wou...
by Sandtrap
Wed Nov 15, 2017 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3110

Re: What's your weighted average expense ratio?

0.37% per Morningstar X-ray How did you get it so low? j I think most would say this is high compared to many others here. I have a handful of active funds that drive up my ER somewhat, some because I have to make the best of my 401(k) options, others by choice as low cost, low turnover active fund...
by Sandtrap
Wed Nov 15, 2017 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Too much risk for early retirement?
Replies: 21
Views: 3045

Re: Too much risk for early retirement?

Retirement Calculators: http://time.com/money/4212970/best-retirement-calculators/?xid=newsletter-retirewmoney Firecalc Retirement Calculator: https://firecalc.com Flexible Retirement Planner http://www.flexibleretirementplanner.com/wp/download/ Some helpful links: Bogle Philosophy https://www.bogle...
by Sandtrap
Wed Nov 15, 2017 4:43 pm
Forum: Investing - Theory, News & General
Topic: Luxury Index Funds
Replies: 12
Views: 1546

Re: Luxury Index Funds

I have Life Strategy Income Fund and Balanced Index Fund as part of my "post Me" plan so that DW or my successor trustee will have an easier time continuing what I set up and following my IPS Statement. My overall ER this year is .08 and that's fine with me for peace of mind and ease of management. ...
by Sandtrap
Wed Nov 15, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 3402

Re: Borrowing from parents - what interest rate?

Theseus wrote:
Tue Nov 14, 2017 10:35 pm
Money just creates a dynamic that changes the relationship. This is one reason I refuse to go into business or investment with family or friends. I value relationships a lot more.
+1
by Sandtrap
Wed Nov 15, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4122

Re: Regrets after reaching retirement?

Nope.
Water under the bridge.
Onward👍
by Sandtrap
Wed Nov 15, 2017 10:53 am
Forum: Investing - Theory, News & General
Topic: Portfolio Review Steps from Big Law Investor - Adequate?
Replies: 2
Views: 320

Re: Portfolio Review Steps from Big Law Investor - Adequate?

Very Bogleheaded blog. We have a poster named BigLaw Investor who lives in the same area. My guess is that they are one and the same. I agree the portfolio is too high cost and it appears to be a collection without a plan. What we don't know is what funds are in what kinds of accounts and what fund...
by Sandtrap
Wed Nov 15, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: Portfolio Review Steps from Big Law Investor - Adequate?
Replies: 2
Views: 320

Portfolio Review Steps from Big Law Investor - Adequate?

From Big Law Investor
"Case Study: Reader Portfolio Review" (with links)
http://www.biglawinvestor.com/case-stud ... io-review/
In reading this article about a sample portfolio review, I wondered how the portfolio reviewers here would have approached it.
Thoughts?
by Sandtrap
Wed Nov 15, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Introduction to myself, my portfolio and my situation
Replies: 9
Views: 1548

Re: Introduction to myself, my portfolio and my situation

At a comprehensive level, what I have done at a similar age going into retirement: 0 Took complete control over my finances via trusts, etc. 1 Simplify and consolidate to low cost index funds being careful about fund overlap. 2 Pay down or reduce debt drastically. (entered retirement with zero debt ...
by Sandtrap
Tue Nov 14, 2017 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation/location
Replies: 26
Views: 1443

Re: Portfolio allocation/location

Welcome :D The more detailed financial picture you can give will help others with suggestions applicable to your situation. This might help. You can edit your original post (pencil in upper right). What is in the Roth 1,2, 401k? How much in VWENX? Do you have an allocation in mind? Etc. Asking Portf...
by Sandtrap
Tue Nov 14, 2017 9:12 pm
Forum: Investing - Theory, News & General
Topic: Criticism of index-tracking funds is ill-directed
Replies: 3
Views: 535

Re: Criticism of index-tracking funds is ill-directed

Article from the Economist
". . . . passive investors, in the form of mutual funds and exchange-traded funds, own only 12.4% of the American equity market.
Fascinating!
j
by Sandtrap
Tue Nov 14, 2017 9:04 pm
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3103

Re: The World's Negative Interest Rate Experiment

Thanks for taking the time to put in the chart for my simple brain to understand. You're welcome! If TIPS are supposed to adjust to inflation, I still don't quite get how it goes negative. . .or does the means it follows deflation as well? The TIPS yield is a real yield, which means the nominal yie...
by Sandtrap
Tue Nov 14, 2017 9:03 pm
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 53
Views: 2322

Re: Michelin or Bridgestone?

Whether Michelin or Bridgestone, I get the "best" tire that I can find for rain, ice, snow, no matter the cost.
j :D
by Sandtrap
Tue Nov 14, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion of Total Stock Market Index
Replies: 21
Views: 2236

Re: Opinion of Total Stock Market Index

The accuracy of your responses as they apply to you depends on the comprehensive financial picture that you frame your question with. This might help. Asking Portfolio Questions https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Some helpful links: Bogle Philosophy https://www.bogleheads.org/...
by Sandtrap
Tue Nov 14, 2017 8:55 pm
Forum: Investing - Theory, News & General
Topic: Shiller's Concern on Passive Investing
Replies: 10
Views: 1348

Re: Shiller's Concern on Passive Investing

Shiller states, ". . . . All this talk of indexes, it's a little bit diluting of our intellect.. . . '
Who's intellect?
Perhaps he should have a conversation with John Bogle?
j
by Sandtrap
Tue Nov 14, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3103

Re: The World's Negative Interest Rate Experiment

What happens to TIPS in this scenario? The real yield on TIPS will be even more negative than the nominal yield on a Treasury of same maturity, assuming a positive inflation expectation. Although we haven't seen negative nominal yields in the US, we have seen negative TIPS yields. The 5-year TIPS y...
by Sandtrap
Tue Nov 14, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 3402

Re: Borrowing from parents - what interest rate?

Don't do it. Be a grown-up and get a regular loan from a bank. If for some reason you can't get a loan from a bank or other commercial lender it probably means that you're not financially ready to buy a house. If you have a loan from your parents they will not respect you as much as if you had gott...
by Sandtrap
Tue Nov 14, 2017 2:25 pm
Forum: Investing - Theory, News & General
Topic: Bogle has a forecast...
Replies: 19
Views: 4149

Re: Bogle has a forecast...

TheHouse7 wrote:
Sun Oct 29, 2017 3:56 pm
I'm thinking average is what will be insane! I have a +15% nominal this year. Next year -10%?!
Wow! :shock:
How did you get +15% ??????
by Sandtrap
Tue Nov 14, 2017 2:15 pm
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 1986

Re: Creating External Exhaust for Microwave over Range - Need Reality Check

I've also heard bad things about the effectiveness of vented microwaves. Have you considered putting your microwave on a countertop and installing a proper hood over your stove? And in my area, the microwave-over-the-stove look has gone out of style. Builders are incorporating microwave shelves int...
by Sandtrap
Tue Nov 14, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: The World's Negative Interest Rate Experiment
Replies: 34
Views: 3103

Re: The World's Negative Interest Rate Experiment

What happens to TIPS in this scenario?
Wouldn't investors simply move toward investments with higher yields?
by Sandtrap
Tue Nov 14, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 107
Views: 6159

Re: Do you meditate?

I should state that I'm by no means an expert on any of this but I've been meditating on and off for a decade .... I'm not an accomplished meditator by any stretch. The following is just my take on what I think is a fascinating subject: There has been for quite a time now a philosophical movement d...
by Sandtrap
Tue Nov 14, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: [Solved] Starting investing in a long-run bull market: advices ?
Replies: 15
Views: 1434

Re: Starting investing in a long-run bull market: advices ?

Some helpful links: Bogle Philosophy https://www.bogleheads.org/wiki/Bogleheads®_investment_philosophy Here are links to the wiki's "Getting Started" and "Investing Startup Kit" pages: https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Bogleheads®_investing_start-up_kit ...
by Sandtrap
Tue Nov 14, 2017 11:07 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 107
Views: 6159

Re: Do you meditate?

I should state that I'm by no means an expert on any of this but I've been meditating on and off for a decade .... I'm not an accomplished meditator by any stretch. The following is just my take on what I think is a fascinating subject: There has been for quite a time now a philosophical movement d...
by Sandtrap
Tue Nov 14, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 107
Views: 6159

Re: Do you meditate?

Yes. I meditate. And teach meditation and mindfulness. It is often said here, "ignore the noise". And so it is with meditation. The mental training wheels may take the form of "groups of words" that some call prayer, affirmations, or mantras, etc. - or sounds such as "Om", waterfalls, ocean waves, e...
by Sandtrap
Tue Nov 14, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: Paying for news?
Replies: 44
Views: 2281

Re: Paying for news?

I think you will have to help define what "news" means to you. "News" has a very broad meaning today. "I get all my news from Facebook..." likely means you aren't watching the Sunday morning new programs. I would not pay $1 a month for different news sites when there are tons of sites and news aggr...
by Sandtrap
Mon Nov 13, 2017 11:05 pm
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 1986

Re: Creating External Exhaust for Microwave over Range - Need Reality Check

Thanks ^^ I'm afraid I haven't figured out how to post photos here yet. But to clarify, I'm envisioning a microwave with a built it exhaust system , not a microwave plus a separate exhaust fan unit, which I agree would look funky. I'll take a look at the videos. And if I can sort out the pictures I...
by Sandtrap
Mon Nov 13, 2017 10:56 pm
Forum: Personal Consumer Issues
Topic: Looking for a Catamaran
Replies: 21
Views: 1574

Re: Looking for a Catamaran

16' Hobie Cat is a Porche on water. If for the ocean and larger with interior cabin, then single hull as its not vulnerable to turtle'ing. Sailing a catamaran is a whole nutter thing than a monohull. In Hawaii there might be only several catamaran's in the entire harbor dock area filled with monohul...
by Sandtrap
Mon Nov 13, 2017 10:45 pm
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 1986

Re: Creating External Exhaust for Microwave over Range - Need Reality Check

Question for all the home improvement DIY'ers out there. How difficult is it to run an external exhaust conduit for a microwave mounted over a range? One of the many pet peeves I have about my house is that the microwave (mounted over the range), despite being on an external wall, is setup to vent ...
by Sandtrap
Mon Nov 13, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7580

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

Swimmer wrote:
Mon Nov 13, 2017 6:22 pm
You, sir, are an inspiration. Thank you for sharing your experience and for your thoughtful post. Sorry you and your family are dealing with this disease.
+1
🙏
by Sandtrap
Mon Nov 13, 2017 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Portfolio
Replies: 2
Views: 394

Re: Retirement Portfolio

Edit post to a list with fund names.
Thanks j😀
by Sandtrap
Mon Nov 13, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 85
Views: 4397

Re: Tipping in living wage state. Redux.

To me, a tip is a gratuity for service above the norm, because just bringing me a plate and putting it on the table is something that should be done anyway. And, go to a low priced restaurant and I get a reasonably priced meal. Maybe 6 plates. Go to a high end restaurant, same 6 plates, yet the bill...
by Sandtrap
Mon Nov 13, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Portfolio or Vanguard Target Fund?
Replies: 10
Views: 1030

Re: Schwab Intelligent Portfolio or Vanguard Target Fund?

Asking Portfolio Questions https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Some helpful links: Bogle Philosophy https://www.bogleheads.org/wiki/Bogleheads®_investment_philosophy Here are links to the wiki's "Getting Started" and "Investing Startup Kit" pages: https://www.bogleheads.org/wik...
by Sandtrap
Mon Nov 13, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: What might you ask In-laws' FA?
Replies: 37
Views: 2528

Re: What might you ask In-laws' FA?

An older aunt invited me in with her FA once. She was 80 and worth about 40 mil. Her FA at Merrill Lynch was an old fellow that she spoke highly of. They had been together for a long long time. I met the fellow. Smiled. Acted courteous. That was it. Her relationship with her FA was stronger than her...