Search found 4618 matches

by Sandtrap
Fri Jun 22, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 68
Views: 3845

Re: Did you celebrate when you finally hit $1m?

DW and I did nothing as it was "impalpable" to both of us. Many digits later, same thing. Although we do enjoy grocery shopping without worrying about the bill. Or going to Walmart and buying what we need without fussing about the costs. Lifestyle is the same so I'm not sure what or why to celebrate...
by Sandtrap
Fri Jun 22, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Minimizing my money worries in retirement
Replies: 6
Views: 668

Re: Minimizing my money worries in retirement

Thanks for sharing your methodology.
It would be beneficial to others to see a "portfolio review" per forum format to see your approach in context.
j
by Sandtrap
Fri Jun 22, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Income Annuities
Replies: 20
Views: 896

Re: Income Annuities

Consider an SPIA? Rates here. https://www.immediateannuities.com/a/annuity-annuities-1nem.html?gclid=EAIaIQobChMInq3por_n2wIVi_hkCh3lpgPzEAAYASAAEgIoQfD_BwE Consider posting a portfolio review for suggestions in better context. Asking Portfolio Questions https://www.bogleheads.org/forum/viewtopic.ph...
by Sandtrap
Fri Jun 22, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: New ETF portfolio
Replies: 4
Views: 163

Re: New ETF portfolio

Vanguard Total Stock Market ETF (VTI)
Vanguard Total International Stock Index Fund (VXUS)
Vanguard Total Bond Market ETF (BND).
Image
by Sandtrap
Thu Jun 21, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate me? and appreciated advice taken
Replies: 9
Views: 954

Re: Evaluate me? and appreciated advice taken

4500/month per rental property Net?
Mortgage on each?
Price paid and presenr value?

j :D
by Sandtrap
Thu Jun 21, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 54
Views: 2086

Re: Does an IPS really need to be 5 pages long to be valuable?

My IPS Statement is outlined for others, my hares, to follow after my demise. I’m missing something. Why would your heirs need a plan that was intended to meet your goals, after you are gone? Your goals are no longer a factor then. Wouldn’t they just need a list of debts and investing accounts, wit...
by Sandtrap
Thu Jun 21, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Buy new truck before retiring?
Replies: 53
Views: 2493

Re: Buy new truck before retiring?

Bought a brand new Toyota Tundra TRD 4wd, in cash when I retired.
18 ave mpg. Reliable. No repairs, yet.
Best decision ever for me.
Like a retirement "truck" in lieu of a "gold watch".

aloha,
j
by Sandtrap
Thu Jun 21, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 54
Views: 2086

Re: Does an IPS really need to be 5 pages long to be valuable?

My IPS Statement is outlined for others, my hares, to follow after my demise. It is made for "non-Boglheads" to understand and, hopefully, follow. As such, it has to be a lot longer than if it were just for myself. Toward that end, whatever length or pages it needs to fulfill its purpose is the righ...
by Sandtrap
Thu Jun 21, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 45
Views: 1894

Re: "Never time the market" vs. lump sum investment

This might help you decide.

Read About Bob, The Worst Market Timer
What happens if you only invested at market highs?
http://awealthofcommonsense.com/2014/0 ... ket-timer/

Investing Behavior Pitfalls
https://www.bogleheads.org/wiki/Behavioral_pitfalls
by Sandtrap
Wed Jun 20, 2018 11:24 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 124
Views: 6657

Re: gray hair

I earned my grey/white hair by a lifetime of experiences (I'm 70 :mrgreen: ); I'm not giving up a current look that took me a lifetime to achieve :beer ... - Ron same, but 82 YO. Don't forget the slight hunch, tilt of the head like an M.D. in deep thought, soft gaze over lowered spectacles, and sub...
by Sandtrap
Wed Jun 20, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: help, inheritance of $3.5M, read & read BogleH, & still in the dark
Replies: 25
Views: 2953

Re: help, inheritance of $3.5M, read & read BogleH, & still in the dark

Complete these readings and your knowledge will dwarf your "knowledgeable family member". GETTING STARTED https://www.bogleheads.org/wiki/Getting_started Asking Portfolio Questions https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Bogle Philosophy https://www.bogleheads.org/wiki/Bogleheads®_...
by Sandtrap
Wed Jun 20, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Life Strategy Growth Fund, Target Fund, or Total Stock Market
Replies: 45
Views: 2474

Re: Life Strategy Growth Fund, Target Fund, or Total Stock Market

1. Set aside "x" amount per month so that in 5 years you will have your home down payment. 2. Set aside "y" and invest in any of the funds you mention. Do both. Why? Because if all of your funds were in Total Stock Market and in 5 years the market dropped 40%. . . what would you do? That's why your ...
by Sandtrap
Wed Jun 20, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: Retirement spending/ HCOL areas?
Replies: 10
Views: 1817

Re: Retirement spending/ HCOL areas?

I have an old friend and his wife that live in UHCOL Hawaii, own home, no mortgage, Dual "Gov'n'nt" retirements plus military plus SS. With commissary and PX priv. $80k/year barely gets by and they are very frugal.
j
by Sandtrap
Wed Jun 20, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: "It Ain't What You Don't Know That Gets You Into Trouble"
Replies: 4
Views: 1017

Re: "It Ain't What You Don't Know That Gets You Into Trouble"

Interesting article, "Taylor".
Thanks for posting.
I think I heard the sound of bubbles popping when I read it. :shock:

mahalo,
jim :D
by Sandtrap
Wed Jun 20, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Helping mom with inheritance. Help!
Replies: 13
Views: 1275

Re: Helping mom with inheritance. Help!

At 65, and in her situation, there are any number of options. I depends on her exact financial situation. 1. If there are medical or other vital expense on the short horizon, then the funds should have security of principal and liquidity such as short term CD's, High Yield Accounts, Prime Money Mark...
by Sandtrap
Wed Jun 20, 2018 7:15 pm
Forum: Personal Consumer Issues
Topic: Best Father's Day Gift You Ever Received (or wish you'd received)
Replies: 23
Views: 2260

Re: Best Father's Day Gift You Ever Received (or wish you'd received)

New grandson several weeks old.
Best Father's Day ever.
Image
Making a goofy face.
j :D
by Sandtrap
Wed Jun 20, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Short term goals - 2 years- should i invest 80/20 bonds weighted or in savings?
Replies: 9
Views: 633

Re: Short term goals - 2 years- should i invest 80/20 bonds weighted or in savings?

2 years, short term goals? High Yield Savings, Money Market, Prime Money Market, CD's, CD ladder, etc, etc. 1 Security of Principal 2 Liquidity Concurrently, pay down those loans. j I think I will do this. Thanks I did not consider your high income. "Taylor's" suggestion for Short Term Tax Exempt i...
by Sandtrap
Wed Jun 20, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Advice on job change consideration
Replies: 14
Views: 1177

Re: Advice on job change consideration

Which would put you in a happier and more content position? (regardless of numbers on a spreadsheet) One year from now in the same job. Day off. Sitting under a tree? Or, One year from now in the new job. Day off. Sitting under a tree? j :D If I knew, I'd have no question :) Yes. Tough one. Perhaps...
by Sandtrap
Wed Jun 20, 2018 10:05 am
Forum: Forum Issues and Administration
Topic: Is there a way to block someone?
Replies: 22
Views: 2811

Re: Is there a way to block someone?

goingup wrote:
Wed Jun 20, 2018 10:02 am
Sandtrap wrote:
Tue Jun 19, 2018 11:59 pm
Eggads!
I hope I'm not this fellow. :shock:
^You might be! :oops:
. . . . . (slinking away. . . . ) :( :( :( :( :(

Like the board game, Clue.
Real Estate guy in the dining room with the spreadsheet.
by Sandtrap
Wed Jun 20, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Charles Schwab account
Replies: 25
Views: 2691

Re: Vanguard or Charles Schwab account

I used to be in Fidelity, Schwab, and Vanguard, then switched to Schwab and Vanguard.
Now, all funds are in Vanguard and Schwab is Tier 1 and 2.
Vanguard's larger family of in house funds and low costs are excellent.
j
by Sandtrap
Wed Jun 20, 2018 9:55 am
Forum: Forum Issues and Administration
Topic: Is there a way to block someone?
Replies: 22
Views: 2811

Re: Is there a way to block someone?

VNQ Vanguard Real Estate ETF https://i.imgur.com/rGjBBOW.png There are advantages and disadvantages between this and the "real thing", and REIT's. Although with REIT's and VNQ there are no tenants, no lawsuits, and no toilets to unplug. :shock: OTOH, real R/E multi unit income property can be highly...
by Sandtrap
Wed Jun 20, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Revisiting Risk and Reward
Replies: 16
Views: 1084

Re: Revisiting Risk and Reward

Very nice! Thanks for posting. I found this particularly interesting: If the retiree is fortunate enough to live through an extended bull market, being overly conservative is counter-productive. We have only one life. Taking advantage of upsides should be nearly as important as mitigating downsides....
by Sandtrap
Wed Jun 20, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Short term goals - 2 years- should i invest 80/20 bonds weighted or in savings?
Replies: 9
Views: 633

Re: Short term goals - 2 years- should i invest 80/20 bonds weighted or in savings?

2 years, short term goals? High Yield Savings, Money Market, Prime Money Market, CD's, CD ladder, etc, etc. 1 Security of Principal 2 Liquidity Concurrently, pay down those loans. j I think I will do this. Thanks I did not consider your high income. "Taylor's" suggestion for Short Term Tax Exempt i...
by Sandtrap
Wed Jun 20, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Debt Song Not a Pretty Tune
Replies: 5
Views: 1537

Re: Debt Song Not a Pretty Tune

Article from Liz Sonders at Charles Schwab https://www.schwab.com/resource-center/insights/content/debt-song-its-not-pretty-tune I'm sure many will pass this off as inconsequential, but I for one share Liz's long term concerns. Comments? Garland Whizzer Interesting article. Thanks for posting. Weal...
by Sandtrap
Wed Jun 20, 2018 12:05 am
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 83
Views: 4093

Re: Struggling - Seeking Advice to Get On Track

Welcome. You've come to a good place. As "Grt2bOutdoors" suggested. You can get more comprehensive suggestions if you edit your original post (pencil icon) in the following format and including the information in the example: Asking Portfolio Questions https://www.bogleheads.org/forum/viewtopic.php?...
by Sandtrap
Tue Jun 19, 2018 11:59 pm
Forum: Forum Issues and Administration
Topic: Is there a way to block someone?
Replies: 22
Views: 2811

Re: Is there a way to block someone?

Not that I know of. However if the topic or post is not per forum guidelines, and so forth, you can report to the moderators who do an excellent job to keep the forum on topic and civil, and enjoyable. As far as "blocking", I think only moderators can do that. On your part, you can ignore the posts....
by Sandtrap
Tue Jun 19, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 124
Views: 6657

Re: gray hair

I'm surprised.
63 posts on "gray hair".
Allocation: 5/55/40 :shock:
black, gray, white
by Sandtrap
Tue Jun 19, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Investing With Healthcare $$ Concerns
Replies: 10
Views: 773

Re: Retirement Investing With Healthcare $$ Concerns

Beware the ACA Subsidy Cliff. DW and I were paying $800/mo when retiring. Then, due to income rise, we fell off the ACA Subsidy Cliff and payed $3,000/month !!!! That lasted for 2 years at considerable cost. Plus out of pocket medical costs $$$$$. Medicare for both of us is about 1k/mo. Whew! tread ...
by Sandtrap
Tue Jun 19, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on job change consideration
Replies: 14
Views: 1177

Re: Advice on job change consideration

Which would put you in a happier and more content position? (regardless of numbers on a spreadsheet)

One year from now in the same job. Day off. Sitting under a tree?

Or, One year from now in the new job. Day off. Sitting under a tree?

j :D
by Sandtrap
Tue Jun 19, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 124
Views: 6657

Re: gray hair

Nearly pure white.
Could consider it a look of distinguished wisdom, hard earned.
But it was turning gray in my 30's so it never mattered to me anyway.

I'm a photographer. I know what side of the lens I belong. :shock:
j
by Sandtrap
Tue Jun 19, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Short term goals - 2 years- should i invest 80/20 bonds weighted or in savings?
Replies: 9
Views: 633

Re: Short term goals - 2 years- should i invest 80/20 bonds weighted or in savings?

2 years, short term goals?

High Yield Savings, Money Market, Prime Money Market, CD's, CD ladder, etc, etc.
1 Security of Principal
2 Liquidity

Concurrently, pay down those loans.

j
by Sandtrap
Tue Jun 19, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5392

Re: Strategy for a prolonged bear market

Liability Matching Portfolio able to withstand most any market fluctuation no matter how deep or how long. Built in Exit strategy. j Could you give details or refer me to a post where you have? Thank you! Research past threads and archives and books. Bernstein Liability Matching Portfolio Kitces Bo...
by Sandtrap
Tue Jun 19, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: International Market Volatility? (Foreign stocks in freefall?)
Replies: 12
Views: 1521

Re: International Market Volatility?

International.
2.65 % drop today.
9.65 % rise last quarter of 2018?
Net gain.

US Market gain.
.65% drop today.
2.65 % drop last quarter of 2018?

Who can predict?
by Sandtrap
Tue Jun 19, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Marriott hotels using Alexa/Echo in guest rooms?
Replies: 33
Views: 2644

Re: Marriott hotels using Alexa/Echo in guest rooms?

A small piece of a bigger pie. News article: Cell phone location tracking data . . . without consent. https://www.zdnet.com/article/cell-phone-tracking-firm-exposed-millions-of-americans-real-time-locations/ Actionably: I can't imagine any entity interested in what a retired senior does in a hotel r...
by Sandtrap
Tue Jun 19, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Buying 3 Funds
Replies: 11
Views: 757

Re: Buying 3 Funds

Read About Bob, The Worst Market Timer
What happens if you only invested at market highs?
http://awealthofcommonsense.com/2014/0 ... ket-timer/

j
by Sandtrap
Tue Jun 19, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: Carpet Installers- Tipping?
Replies: 22
Views: 1419

Re: Carpet Installers- Tipping?

I buy lunch for work crews, everyone on the job site. If it's not practical, I give the Foreman some money to hand out to the crews for lunch. Also, provide water, etc, when they are working if I can. And, thank and praise everyone for good work as much as I can. Coming from the trades, I know how a...
by Sandtrap
Tue Jun 19, 2018 9:40 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434916

Re: Anyone buying today?

Yep. Yesterday and Today. VTSAX, Total Stock Market Admiral, substantial amount, went in yesterday (did I miss anything?) VSGAX, Small Cap Growth, went through this morning. Didn't look at the market. Just followed my IPS to invest new cash when it reaches a certain rounded number plus adjusting all...
by Sandtrap
Tue Jun 19, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: CD or Bonds?
Replies: 6
Views: 725

Re: CD or Bonds?

Apples vs Oranges. Think of it this way. Different types of "fixed" whether CD's, Treasuries, Bonds, Bond Funds, etc, have varying degrees of: 1 Liquidity (CD/Treasury/Bond locked in per term vs Bond Fund) 2 Security of Principal 3 Volatility So each serves a purpose and has a different place (thou...
by Sandtrap
Tue Jun 19, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Investment Help Retirement implications
Replies: 23
Views: 1441

Re: Investment Help Retirement implications

...Your issue is not financial, it is psychological. That isn’t uncommon, but there isn’t much that this forum can do to help. +1 Time for you to retire and relax a bit. +1 Congratulations on your successes and planning. Transitioning into retirement with a mix of anticipation, excitement, and inse...
by Sandtrap
Tue Jun 19, 2018 9:16 am
Forum: Investing - Help with Personal Investments
Topic: CD or Bonds?
Replies: 6
Views: 725

Re: CD or Bonds?

Apples vs Oranges. Think of it this way. Different types of "fixed" whether CD's, Treasuries, Bonds, Bond Funds, etc, have varying degrees of: 1 Liquidity (CD/Treasury/Bond locked in per term vs Bond Fund) 2 Security of Principal 3 Volatility So each serves a purpose and has a different place (thoug...
by Sandtrap
Mon Jun 18, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you cancel old credit cards?
Replies: 47
Views: 4126

Re: Do you cancel old credit cards?

I have gotten notices in the mail to inform me that certain credit card(s) will be cancelled due to disuse. They cancel on their own, eventually.
j
by Sandtrap
Mon Jun 18, 2018 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a 26 year old?
Replies: 15
Views: 1268

Re: Asset Allocation for a 26 year old?

Hi Bogleheads, I'm looking for input on our investment asset allocation. My wife and I are 26. She's an elementary school teacher making 40k/year, and I'm in my 3rd year of medical school. We'll finish med school with about 140k in the hole and I'm going into ophthalmology, which has a current medi...
by Sandtrap
Mon Jun 18, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 120
Views: 9717

Re: Messy Divorce -- Forensic Accounting Help....

1 seek legal counsel asap
2 put this behind you asap
3 compartmentalize....numbers vs emotion/feelings
4 health is priceless...dont let the numbers eat you up
5 delegate to legal counsel and distance yourself from the process

j
by Sandtrap
Mon Jun 18, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Help From Cruel Stepmother
Replies: 15
Views: 2483

Re: Trust Help From Cruel Stepmother

Condolences.
AFAIK trust law requires that beneficiaries receive a copy of trust documents after death of trustee/grantor.
Seek legal counsel.

Hopefully, expert in-house legal counsel "bsteiner" will input.
by Sandtrap
Mon Jun 18, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off mortgage in my situation?
Replies: 31
Views: 2449

Re: Would you pay off mortgage in my situation?

Why not do both concurrently?
Pay down your mortgage substantially.
Save and invest substantially.
j
by Sandtrap
Mon Jun 18, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Help
Replies: 14
Views: 904

Re: Investment Help

1 Investigate if it would be advantageous for you to move to Vanguard or Schwab or Fidelity, to take advantage of lower costs and a large family of in-house low cost index funds. 2 Simplify the number of funds by reducing overlap, eliminating funds with a low % value of total, and eliminating higher...
by Sandtrap
Mon Jun 18, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Fund Admiral Shares (VBIAX)
Replies: 22
Views: 1926

Re: Vanguard Balanced Index Fund Admiral Shares (VBIAX)

There's been a lot of discussion on Total Bond vs Int. Term Tax Exempt depending on tax bracket. There was a cutoff range where one became more feasible than the other. Can't remember what it was exactly. j Hi Sandtrap - I believe it was the 25% federal tax bracket (prior to President Trump's tax r...
by Sandtrap
Mon Jun 18, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: What does it mean: Rule No. 1: Never lose money
Replies: 69
Views: 5620

Re: What does it mean: Rule No. 1: Never lose money

"Never Lose Money"

Very catchy.
Just Say No
It's Only Money
You Only Live Once

Actionable?
Tangible?
j
by Sandtrap
Mon Jun 18, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: What are your hobbies?
Replies: 58
Views: 4645

Re: What are your hobbies?

2 people into fountain pens. Is this a thing? Reminds me of a schoolmate who used to shoplift Parker pens and proudly display his booty all lined up in his shirt pocket. For me, my current hobby is photographing graves for Findagrave, creating profiles and connecting generations of dead family memb...
by Sandtrap
Mon Jun 18, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5135

Re: Young and rich

Dottie57 wrote:
Mon Jun 18, 2018 9:20 am
Why don’t you put your money into a 50/50 or 60/40 allcation until your first bear market? See how you react to a large loss. Then reset your allocation if you feel your allocation is too conservative.
+1
Great advice.