Search found 4934 matches

by Sandtrap
Sun Jul 22, 2018 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: What have been your experiences in purchasing a plot of land to build a someday home?
Replies: 10
Views: 653

Re: What have been your experiences in purchasing a plot of land to build a someday home?

We are looking at a small parcel of land (about .5 acre) in a lakefront community. The sale price for the land is under $1,000 and sits on a 2nd tier lot with rights to lake access. The yearly cost with HOA fees and property taxes is $1,000. The all-in-cost to purchase and pay for the perc test fee...
by Sandtrap
Sun Jul 22, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Unpermitted structure - options?
Replies: 25
Views: 1595

Re: Unpermitted structure - options?

You need to apply for an "As Built" Building Permit. 1 To do this you will need "First" need an architect/engineer to inspect then draw up the plans for the structure. 2 Whatever is not up to code whether electrical, plumbing, etc, will have to be brought up to code. You can get the reccomendation ...
by Sandtrap
Sat Jul 21, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Unpermitted structure - options?
Replies: 25
Views: 1595

Re: Unpermitted structure - options?

We purchased our house last year in 2017 in the state of California and didn't know at the time that the mother-in-law suite in our sizeable backyard was an unpermitted structure or "illegal" unit. I know, spare me the "you should have done your due diligence" - I know we should have - rookie mista...
by Sandtrap
Sat Jul 21, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: "All-Weather Portfolio" - Not much info
Replies: 13
Views: 1068

Re: "All-Weather Portfolio" - Not much info

Who is Tony Robbins? https://www.tonyrobbins.com/biography/ Interesting video. I wish I was that good looking and charismatic :shock: Lot's of talking but hard to figure the substance. An All Weather Portfolio is more likely a "Bogle 3 Fund Portfolio". j What do you mean by this? I don't recall gol...
by Sandtrap
Sat Jul 21, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 125
Views: 8158

Re: Should I Dump a Pile of Money on Young Son?

LadyGeek wrote:
Sat Jul 21, 2018 11:53 am
It's a summary placed at the start of the report. See: BLUF (communication) - Wikipedia
Thanks.
I get it.
"Cut To The Chase". :shock:
j
by Sandtrap
Sat Jul 21, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: "All-Weather Portfolio" - Not much info
Replies: 13
Views: 1068

Re: "All-Weather Portfolio" - Not much info

Who is Tony Robbins?
https://www.tonyrobbins.com/biography/
Interesting video.
I wish I was that good looking and charismatic :shock:

Lot's of talking but hard to figure the substance.
An All Weather Portfolio is more likely a "Bogle 3 Fund Portfolio".
j
by Sandtrap
Sat Jul 21, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Home maintenance question - rust beneath caulk in tub
Replies: 12
Views: 910

Re: Home maintenance question - rust beneath caulk in tub

you all are trying to scare us from moving there, I get it !!!!!!!!!!!!! The whole house will rust from under you :D Every area's climate has it's issues. In the Southwest, extreme dryness. In Hawaii, the opposite. There are certain areas of Hawaii, usually on the "Windward Side" of an island along...
by Sandtrap
Sat Jul 21, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 125
Views: 8158

Re: Should I Dump a Pile of Money on Young Son?

LadyGeek wrote:
Fri Jul 20, 2018 9:24 pm
^^^ Acronym decoder:

BLUF - Bottom Line Up Front. The PowerPoint equivalent of TL;DR.
What does Bottom Line Up Front mean?
j
by Sandtrap
Sat Jul 21, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Successor Trustee duties? Help!
Replies: 3
Views: 338

Re: Successor Trustee duties? Help!

Seek personal legal counsel for advice and direction.
j
by Sandtrap
Sat Jul 21, 2018 12:46 am
Forum: Investing - Theory, News & General
Topic: Rethinking bond fund
Replies: 13
Views: 985

Re: Rethinking bond fund

When rebalancing my three fund portfolio, I was looking at the options for my bond fund picks (I'm with Fidelity). They were pretty abysmal. All with YTD in the red. Most feel that interest rates will continue to rise. Given rates have been incredibly low for several years, I'd tend to agree. This ...
by Sandtrap
Fri Jul 20, 2018 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on this Portfolio Allocation?
Replies: 2
Views: 295

Re: Thoughts on this Portfolio Allocation?

Looking to start a 3-fund Vanguard taxable portfolio with a 90/10 allocation. Please let me know if you have any thoughts on this fund allocation: VTSAX (Total Market Admiral) = 69% VTIAX (International Total Market Admiral) = 21% VWITX (Intermediate Tax Exempt) = 10% Thank you! Asking Portfolio Qu...
by Sandtrap
Fri Jul 20, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: An unwanted Boat
Replies: 16
Views: 1572

Re: An unwanted Boat

Check boat registration number/serial number (metal plate) with Boat Registration office. Apply for duplicate registration and title. Sell boat.
j
by Sandtrap
Fri Jul 20, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on my Investment portfolio allocations
Replies: 6
Views: 291

Re: Opinions on my Investment portfolio allocations

You will find that the general consensus here is to consolidate all of your single funds into low cost index funds that "own the entire market. In doing so, you will diversify, lower costs, and mitigate risk. Bogle 3 Fund Portfolio Basics and Beyond https://www.bogleheads.org/wiki/Three-fund_portfol...
by Sandtrap
Fri Jul 20, 2018 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 125
Views: 8158

Re: Should I Dump a Pile of Money on Young Son?

letsgobobby wrote:
Fri Jul 20, 2018 3:14 pm
My actual answer is it depends on the rest of your estate plan. Obviously your entire startegy should be cohesive. Without knowing anything else, in your situation I might give my son $100,000 and see what happens.
Perfect!!
Reinforces the wisdom of proper estate planning early in the game.
j :D
by Sandtrap
Fri Jul 20, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: A different take on retirement income: time segmentation
Replies: 169
Views: 9912

Re: A different take on retirement income: time segmentation

What do you think of the theory that the SPIA allows for a more aggressive equity portfolio that likely will lead to more growth and likely more legacy? I don't buy it. Buying a SPIA is not likely to provide retirees with a meaningfully greater amount in their portfolio to allocate to equities. The...
by Sandtrap
Fri Jul 20, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 125
Views: 8158

Re: Should I Dump a Pile of Money on Young Son?

No.
Set aside in a trust for him.
j
by Sandtrap
Fri Jul 20, 2018 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Bond Investment vs. Paying Off Daughter's Student Loan and/or Rental Property Mortgage
Replies: 12
Views: 535

Re: Bond Investment vs. Paying Off Daughter's Student Loan and/or Rental Property Mortgage

Hello, Boglehead noob here, My stepdaughter graduated from Veterinary School about three years ago and currently has student loans balances of $57k at 6.8%, $51k at 6.2, and $43k at 5.4%. We helped her with undergraduate expenses but the plan was for her to deal with Veterinary School on her own. I...
by Sandtrap
Thu Jul 19, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 66
Views: 8066

Re: I may have understood why it's so hard to save and invest

Hello everyone, I recently have the opportunity to save a 1-month equivalent paycheck (1500$) and invest it through my brokerage. However, although it cost me a "lot" of effort, my net worth of my portfolio only increase by 2% (portfolio of 75k$). I found it very discouraging actually because my ef...
by Sandtrap
Thu Jul 19, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: $3 Million in Cash at 31; Looking to Invest $2M of it
Replies: 16
Views: 3746

Re: $3 Million in Cash at 31; Looking to Invest $2M of it

Also might add to the already great info given so far. What you suggested. (I assume all in taxable) Vanguard Total Stock Market Index Fund Admiral Shares - 40% Vanguard Total International Stock Index Fund Admiral Shares - 10% Vanguard Total Bond Market Fund Admiral Shares - 50% Somewhat what I hav...
by Sandtrap
Thu Jul 19, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: A different take on retirement income: time segmentation
Replies: 169
Views: 9912

Re: A different take on retirement income: time segmentation

What do you think of the theory that the SPIA allows for a more aggressive equity portfolio that likely will lead to more growth and likely more legacy? I don't buy it. Buying a SPIA is not likely to provide retirees with a meaningfully greater amount in their portfolio to allocate to equities. The...
by Sandtrap
Thu Jul 19, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: Home maintenance question - rust beneath caulk in tub
Replies: 12
Views: 910

Re: Home maintenance question - rust beneath caulk in tub

Once the tub starts rusting like this, you can only scrape and clean and dry it to best effect. Rust treatments last a little longer but risk staining the tub. Rust converters get a lot of good press in this situation, but the tolerances between the tub and the wall are fairly small. I don't know t...
by Sandtrap
Thu Jul 19, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: $3 Million in Cash at 31; Looking to Invest $2M of it
Replies: 16
Views: 3746

Re: $3 Million in Cash at 31; Looking to Invest $2M of it

Congratulations on your success. Though a bit later than you, I also sold a large business and ended up with some substantial assets. Here's my "o2" based on experience. You've focused all your efforts on building up your business. Now focus on financial education and so forth to preserve and protec...
by Sandtrap
Thu Jul 19, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Home maintenance question - rust beneath caulk in tub
Replies: 12
Views: 910

Re: Home maintenance question - rust beneath caulk in tub

Aloha, Our caulk in the shower tub started "rusting." I removed the caulk this morning and found that it's bare metal beneath the caulk, and on the seam on the showerhead/spout side, it's bare metal with a helpful coat of rust. I'm looking for a good way to move forward with this that does not invo...
by Sandtrap
Wed Jul 18, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: The joys of investing
Replies: 23
Views: 2644

Re: The joys of investing

tennisplyr wrote:
Wed Jul 18, 2018 6:10 pm
I like the challenge of using my smarts, temperament and what I've learned to make my finances work for us in retirement.
+1
Well said.
j
by Sandtrap
Wed Jul 18, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Semi-Retire by 40-45, possible/realistic?
Replies: 21
Views: 3442

Re: Semi-Retire by 40-45, possible/realistic?

Hi Bogleheads, I have learned so much from you guys and am very thankful for this site. Looking forward to the responses. My wife and I would like to transition into part time work by the time we hit age 40-45 depending on how our portfolio performs in the next decade or so. We want to spend more t...
by Sandtrap
Wed Jul 18, 2018 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Selling mom's house
Replies: 50
Views: 3748

Re: Selling mom's house

A Partition judgement can be lengthy and expensive. (done this) (legal counsel gets paid first). Suggest seek legal counsel for "your" options (not others). As others have suggested, if I've read it correctly, if you have $25k to gain (at best), suggest legally stepping away from the entire thing. L...
by Sandtrap
Wed Jul 18, 2018 11:45 am
Forum: Investing - Help with Personal Investments
Topic: short-term treasuries for short-term savings?
Replies: 9
Views: 556

Re: short-term treasuries for short-term savings?

Lot's of options.
Vanguard Brokerage "Fixed Income" rates.
Image
by Sandtrap
Wed Jul 18, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: The joys of investing
Replies: 23
Views: 2644

Re: The joys of investing

Besides the obvious joy of making money by investing, what other things do you personally enjoy about investing your money in the market? Those that are fascinated by the mechanisms and dynamics of finance (and business) and how it relates to the world and life might find gratification that goes be...
by Sandtrap
Wed Jul 18, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Salary vs. Lifestyle
Replies: 126
Views: 12437

Re: Salary vs. Lifestyle

I realize that this is a very subjective matter, but after reading one of the threads regarding early retirement, I noticed they recurring theme: Enjoying life while you can (having more time for "living in the sunlight" - hobbies, taking walks, exercising and spending time with family). I thankful...
by Sandtrap
Wed Jul 18, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 3535

Re: Buy a vacation home while renting

This is probably because some people here have the impression that if you don't paydown the student loans aggressively, you will choose to buy a vacation home or something like it which you will use one weekend a month. At least with paying down the student loan, you would get a guaranteed return. ...
by Sandtrap
Wed Jul 18, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 6411

Re: How do you handle the urge to DO something?

The Boglehead philosophy is to decide on your long term investment strategy, allocate your assets accordingly and then do nothing outside of an annual rebalance for the next 20/30/40/50+ years. That is difficult for me because I am a doer, I have to struggle daily to just leave it. My brain knows i...
by Sandtrap
Tue Jul 17, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable AA when goals/horizon unclear
Replies: 6
Views: 446

Re: Taxable AA when goals/horizon unclear

No. It is far better to compute and arrange your allocation comprehensively (everything, taxable and not) while paying attention to placement of funds to best tax advantage. Funding Priority (what do I do first?) https://www.bogleheads.org/wiki/Prioritizing_investments Tax Efficient Fund Placement h...
by Sandtrap
Tue Jul 17, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Considering lump sum withdrawal from former employer's retirement fund, to have $ actively managed by pro $ manager
Replies: 10
Views: 997

Re: Considering lump sum withdrawal from former employer's retirement fund, to have $ actively managed by pro $ manager

Hi all. So while I've done pretty well for myself with my retirement savings thus far (at least, I think I've done well?!), I am really not good with numbers or financial/legal jargon...it's hurts my head! ;-) Anyway, I need to get a more clear sense of my overall retirement portfolio, whether I'm ...
by Sandtrap
Tue Jul 17, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring Parents as Household Employee
Replies: 4
Views: 1072

Re: Hiring Parents as Household Employee

Hello all, I am planning to hire one of my parents for household help and came across this past post while doing research - https://www.bogleheads.org/forum/viewtopic.php?t=158059#p2371453. I also reviewed following IRS documents - https://www.irs.gov/pub/irs-pdf/p926.pdf and https://www.irs.gov/ta...
by Sandtrap
Tue Jul 17, 2018 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: First Real Estate Investment question
Replies: 6
Views: 670

Re: First Real Estate Investment question

Hello, I'm 28, single with no kids, I've been renting and saving for a couple of years, and I have about 230k in cash. I live cheaply and keep expenses low. With interest rates rising I was thinking to buy some less expensive real estate, in a good area, with the hopes of turning it into a rental i...
by Sandtrap
Tue Jul 17, 2018 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: 28 years old and Accumulating
Replies: 10
Views: 1058

Re: 28 years old and Accumulating

:sharebeer
Congratulations on your successes!
An alternative with cash is to increase allotment to High Yield Accounts, Brokered Short Term CD ladder, Short Term Treasuries, etc. Next level after that are Short Term Bond Index Funds. Research types, yields, durations, and security of principal.
j
by Sandtrap
Tue Jul 17, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Bored
Replies: 25
Views: 3401

Re: Bored

Since I started taking personal finance seriously, I have increased my savings rate from 5% to about 20%, set up almost all my bills with auto-pay and moved my funds to a high-interest online bank, started maxing my 401k instead of just getting the match, re-balanced my 401k from crappy funds into ...
by Sandtrap
Tue Jul 17, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Too Diversified?
Replies: 14
Views: 1367

Re: Too Diversified?

Dottie57 wrote:
Fri Jul 13, 2018 12:09 pm
I would sell the stock funds.

Total stock (U.S.)
Total international ( no U.S.)

If you want a tilt to small or midcap then purchase the appropriate eft.
+1
j
by Sandtrap
Tue Jul 17, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2481

Re: When to invest 100000?

The time to invest $ 100, 000 dollars depends on what is happening with the rest of the entirety of one's income stream, investments, and assets.
j :D
by Sandtrap
Tue Jul 17, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help me analyze this real estate sale
Replies: 15
Views: 958

Re: Help me analyze this real estate sale

I would sell.
"Bird in the hand is. . . and all that."
Invest the proceeds.
j
by Sandtrap
Mon Jul 16, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Consolidate and simplify
Replies: 11
Views: 1361

Re: Consolidate and simplify

You will get more comprehensive suggestions by editing your original post (pencil icon) with the following: 1. Enter "Fund Names" besides the ticker symbols, also expense ratio. 2. Enter Funds "available" to you in each account. j My options in the TSP are simply C S I F G or LifeCycle (target date...
by Sandtrap
Mon Jul 16, 2018 10:20 pm
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 3966

Re: Have you ever purchased a pricy musical instrument?

High end guitars, Taylor, Martin, etc.
High end ukuleles.
High end stage gear.
"Pricey" is relative to personal value and so forth. Inexpensive in the hands of a concert performer is beautiful as well.
It's more the matter of finding the right "sound" regardless of price. :D
j
by Sandtrap
Mon Jul 16, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Consolidate and simplify
Replies: 11
Views: 1361

Re: Consolidate and simplify

You will get more comprehensive suggestions by editing your original post (pencil icon) with the following:

1. Enter "Fund Names" besides the ticker symbols, also expense ratio.
2. Enter Funds "available" to you in each account.

j
by Sandtrap
Mon Jul 16, 2018 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 3535

Re: Buy a vacation home while renting

I would focus on paying off the student loan first, minimizing all liabilities, before taking on debt. Then, have an exit strategy. Can the "vacation home" be rented out profitably? Can it be resold at some future date with an increase in price/profit? Though perhaps it might make more sense to: Pay...
by Sandtrap
Mon Jul 16, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring at 62. Have Healthcare Plan. Is my Plan Sane?
Replies: 8
Views: 1268

Re: Retiring at 62. Have Healthcare Plan. Is my Plan Sane?

You're in good shape as long as you don't go over the "ACA Subsidy Cliff" which can be financially disastrous.
Google the forum archives for this. Lot's of "war stories".
j
by Sandtrap
Mon Jul 16, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 2642

Re: Would you pay $120 for a 5 year dishwasher warranty?

No . Because in 5 years, that $120 could buy whatever parts might break along the way. And, after 5 years, the expensive parts the break will warranty complete replacement. There is also a "free" factory warranty so the 5 year warranty covers after the factory warranty. For example, if there's a 5 y...
by Sandtrap
Mon Jul 16, 2018 6:11 pm
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 140
Views: 9091

Re: Why own a bed?

Come to think of it. DW and I have slept on a "Futon" (Japanese) , very high quality, on a platform bed frame for decades. That's neither a mattress on the floor or a traditional "bed".
j
by Sandtrap
Mon Jul 16, 2018 11:23 am
Forum: Personal Consumer Issues
Topic: Why own a bed?
Replies: 140
Views: 9091

Re: Why own a bed?

Are there any good reasons to own a bed? Why not just sleep on a mattress on the floor (I think the Japanese do that?) instead of paying hundreds or thousands of dollars to sleep a few feet off the ground? Depends on the bed and the mattress . . . and one's spine. :shock: Also, as one get's older, ...
by Sandtrap
Mon Jul 16, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Balanced Funds and Sequence of Return Risk
Replies: 50
Views: 2967

Re: Balanced Funds and Sequence of Return Risk

My simple brain reads this as a "beer in a bottle" vs "beer in a can" scenario.
Not sure.
Is that generally the comparison? :shock:
j
by Sandtrap
Mon Jul 16, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: All-In VTSAX
Replies: 37
Views: 3871

Re: All-In VTSAX

What is the reasoning behind this? Do you feel that VTSAX will outperform international stocks going forward? I'd say (ironically enough) that getting rid of EM and developed international stocks is acceptable from a Jack Bogle standpoint, but not really from a Bogleheads standpoint, since you are ...