Search found 3220 matches

by Sandtrap
Fri Jan 19, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 36
Views: 2530

Re: 10 years expenses in FI

Thoughts? People should quantitatively evaluate whether or not there is actually a financial benefit to all this "engineering" before they decide to take comfort in it. Sleep factor is an over-rated, even meaningless, criterion for devising a retirement plan. There are much better routes to mental ...
by Sandtrap
Fri Jan 19, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio Watch Evaluation -- Help Needed.
Replies: 6
Views: 120

Re: Vanguard Portfolio Watch Evaluation -- Help Needed.

No, you should do nothing. If you do not like the alert then get rid of your Wellesley. :) Note that your international fund is not included in that value/blend/growth analysis as stated in the fine print. I will guess that your Total US stock fund is about 3 times the value of your Wellesley fund....
by Sandtrap
Fri Jan 19, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio Watch Evaluation -- Help Needed.
Replies: 6
Views: 120

Re: Vanguard Portfolio Watch Evaluation -- Help Needed.

My experience with Portfolio Watch is that the 9 box analysis is pretty course. I would try the Morningstar instant xray tool and compare your portfolio to TSM. A lot of people like a Value bias. It is really up to you to determine if this is what you want or not. I personally believe that if one c...
by Sandtrap
Fri Jan 19, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio Watch Evaluation -- Help Needed.
Replies: 6
Views: 120

Re: Vanguard Portfolio Watch Evaluation -- Help Needed.

Check out the "Portfolio and Management" tab for each fund on VG's site. That for Wellesley Income shows the market capitalization has a large value tilt. Total Stock Market's style is "Blend". As long as the funds are serving the purpose you bought them for, I suggest you ignore the information. Y...
by Sandtrap
Fri Jan 19, 2018 10:35 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 36
Views: 2530

Re: 10 years expenses in FI

I like the thinking behind the 10 years expenses for a couple of reasons. First of all, I think it’s important to view the portfolio in absolute dollar terms as well as the percentages. This is especially true when it comes to envisioning big downside losses. Secondly, this is right up the William ...
by Sandtrap
Fri Jan 19, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: What can I do to fight this ridiculous medical bill?
Replies: 24
Views: 821

Re: What can I do to fight this ridiculous medical bill?

In my experience Emergency Room and 911 ambulance rides are a "whole nuther type of billing. Out of network, even more so. $5-6,000 for a night in the ER plus the luxury ride in the paramedic rig makes for a huuuuuge bill. :shock: The cost difference between things done in the ER vs "normal" visits,...
by Sandtrap
Fri Jan 19, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Anyone have a whole house water filter?
Replies: 13
Views: 546

Re: Anyone have a whole house water filter?

Did you have the well company flush and cleaning and disinfect the well and system, also check to see if the pressure tank is not old and corroded inside? I've never heard of cleaning/disinfecting the well itself...is that really a thing? OP, cloudy water (still white?) sounds like aeration. Fill a...
by Sandtrap
Fri Jan 19, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio Watch Evaluation -- Help Needed.
Replies: 6
Views: 120

Vanguard Portfolio Watch Evaluation -- Help Needed.

Retired. 65. DW and I. Current allocation 35/65 All Vanguard Funds. Balanced Index Admiral (separate for hares) Wellesley Income Fund Admiral Total Stock Market Admiral Total International.. Admiral Total Bond Market Admiral Total Bond Tax Exempt Admiral I'm trying to understand the Vanguard Portfol...
by Sandtrap
Fri Jan 19, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Anyone have a whole house water filter?
Replies: 13
Views: 546

Re: Anyone have a whole house water filter?

Did you have the well company flush and cleaning and disinfect the well and system, also check to see if the pressure tank is not old and corroded inside?
j :D
by Sandtrap
Fri Jan 19, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Learning Swimming @ 40+
Replies: 19
Views: 386

Re: Learning Swimming @ 40+

I always thought I "knew" "how to swim". Many years ago I took a weekly lap swimming class for seniors. Learned how to swim correctly. They started out with something called "drown proofing" which gave me tons of confidence in the ocean that I did not have before. Suggest join a weekly class for sen...
by Sandtrap
Thu Jan 18, 2018 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: successful Boglehead business owner, could please you share?
Replies: 3
Views: 477

Re: successful Boglehead business owner, could please you share?

I am always curious how people started their business as I can't think of a business to start for the pass 10 years, and I would like to be a business owner one day. 1) what kind of business are you in, please be more specific if you could? 2) How did you get in this business and how long have you ...
by Sandtrap
Thu Jan 18, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: How to step in?
Replies: 10
Views: 739

Re: How to step in?

Welcome: :D Your Toolbox: (as you've given little info, this is the big big toolbox). Hang on to your money for a bit. Go through these links. Then go from there. The forum "wiki" is much bigger but these links are some of the highpoints. Some helpful links: Asking Portfolio Questions https://www.bo...
by Sandtrap
Thu Jan 18, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: All Weather Fund
Replies: 4
Views: 623

Re: All Weather Fund

Jack Bogle think highly of the Vanguard Balanced Index Fund.
Works for me.
j :D
by Sandtrap
Thu Jan 18, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: What are some good, older threads?
Replies: 20
Views: 1684

Re: What are some good, older threads?

Time to evaluate your jitters, by "nisiprius" https://www.bogleheads.org/forum/viewtopic.php?t=79939 How to get over finance envy. (post by Taylor is outstanding) https://www.bogleheads.org/forum/viewtopic.php?p=1744593#p1744593 Anything by Taylor Larimore. . wisdom things. For taking a break, light...
by Sandtrap
Thu Jan 18, 2018 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2190

Re: Real Estate Versus Stocks

I am a staunch index fund investor, to be clear. Being relatively risk-averse, if I was to branch out into a single rental property in the future, it would be an all-cash purchase and taking into account that it could be a total wash. I would not encourage anyone to consider diversifying into real ...
by Sandtrap
Thu Jan 18, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Gotta sell a boat - Looking for some advice
Replies: 13
Views: 801

Re: Gotta sell a boat - Looking for some advice

There's a saying goes like this, "There were 2 best days when it came to my boat, the day I bought it and the day I sold it." That said, the price is what someone is willing to pay for it, especially boats. Prices can be generalized by looking at what similar or same items are for sale on Craig's li...
by Sandtrap
Thu Jan 18, 2018 9:32 pm
Forum: Personal Consumer Issues
Topic: Unable to recover or create new Morningstar Discuss account. Help.
Replies: 6
Views: 419

Re: Unable to recover or create new Morningstar Discuss account. Help.

I don’t have a Morningstar account, but looking at the site it appears to use your email address as your user name. Have you put in your full email address you used to create your account? You also might try the get human phone number for help. https://gethuman.com/phone-number/Morningstar Thanks. ...
by Sandtrap
Thu Jan 18, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 1418

Re: Lets talk about some favorite index funds?

"Favorite Index Funds" are the one's that fit these parameters tailored to one's unique financial needs and IPS statement. Three Fund Portfolio https://www.bogleheads.org/wiki/Three-fund_portfolio Funding Priority (what do I do first?) https://www.bogleheads.org/wiki/Prioritizing_investments Tax Ef...
by Sandtrap
Thu Jan 18, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 36
Views: 2530

Re: 10 years expenses in FI

Keiser2015 wrote:
Thu Jan 18, 2018 3:29 pm
To dig deeper into the weeds:

https://www.kitces.com/blog/are-retirem ... on-mirage/
Excellent write up, as always, by "Kitces".
Thanks,
j :D
by Sandtrap
Thu Jan 18, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing bands tighter than 5 / 25?
Replies: 17
Views: 1052

Re: Rebalancing bands tighter than 5 / 25?

I try to rebalance as needed within my IPS whenever I add new funds. If I'm not adding, then I leave it alone. 5-8% or so deviation is not a concern for me.
j :D
by Sandtrap
Thu Jan 18, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 36
Views: 2530

Re: 10 years expenses in FI

This was the approach I advocate a lot. But wouldn't do bonds, but just cash on the annual living expenses AFTER pension, SS, annuity, etc... Then the rest in equities. It IS mental accounting, but I think it makes a whole bunch more sense then coming up with one's asset allocation just randomly go...
by Sandtrap
Thu Jan 18, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 1418

Re: Lets talk about some favorite index funds?

"Favorite Index Funds" are the one's that fit these parameters tailored to one's unique financial needs and IPS statement. Three Fund Portfolio https://www.bogleheads.org/wiki/Three-fund_portfolio Funding Priority (what do I do first?) https://www.bogleheads.org/wiki/Prioritizing_investments Tax Ef...
by Sandtrap
Thu Jan 18, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

. . . We desire to have a lifestyle where we can have a homestead, grow our own food, harvest water, have animals, etc... You can do this everywhere so long as you're not in most HOAs, but states really can make it more difficult than it should be with the amount of restrictions by state and local ...
by Sandtrap
Thu Jan 18, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 1418

Re: Lets talk about some favorite index funds?

"Favorite Index Funds" are the one's that fit these parameters tailored to one's unique financial needs and IPS statement. Three Fund Portfolio https://www.bogleheads.org/wiki/Three-fund_portfolio Funding Priority (what do I do first?) https://www.bogleheads.org/wiki/Prioritizing_investments Tax Eff...
by Sandtrap
Thu Jan 18, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6593

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Why would any Boglehead pay so much money just to be told to fire his/her financial advisor? As a capitalist, I think the money can be better utilized by investing in index funds. Pick up the phone, call Vanguard VPAS, follow the path. . . . . done. Or. . . read the Bogle Wiki library, follow the p...
by Sandtrap
Thu Jan 18, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 36
Views: 2530

Re: 10 years expenses in FI

Not sure if I understand you, Sandtrap. "Age in Bonds" sounds way too conservative if you're entering retirement with a sizable portfolio. Consider this hypothetical (not mine ... at least not yet!): Let's say you're a couple in their early 70s with a $4m portfolio, no debt and all expenses cover b...
by Sandtrap
Thu Jan 18, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 6593

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Why would any Boglehead pay so much money just to be told to fire his/her financial advisor? As a capitalist, I think the money can be better utilized by investing in index funds. Pick up the phone, call Vanguard VPAS, follow the path. . . . . done. Or. . . read the Bogle Wiki library, follow the p...
by Sandtrap
Thu Jan 18, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Help with Planning and portfolio
Replies: 6
Views: 292

Re: Help with Planning and portfolio

Welcome :D Suggestions can be better targeted to you with more information. Check this and edit your original post: Asking Portfolio Questions https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 A Toolbox for You. Bogle Philosophy https://www.bogleheads.org/wiki/Bogleheads®_investment_philosop...
by Sandtrap
Thu Jan 18, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 43
Views: 1746

Re: How do you adjust side mirrors in a car?

I adjust them to see my blind spots only. So the car goes into the rear view mirror, then into the side mirrors then into my peripheral vision. I never have to turn my head to change lanes. I notice nobody does this. They all seem to point their side mirrors to show what's already in the rear view ...
by Sandtrap
Thu Jan 18, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

Okay.
Now you simply have to move.
Image
j :D
by Sandtrap
Thu Jan 18, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

. . . We desire to have a lifestyle where we can have a homestead, grow our own food, harvest water, have animals, etc... You can do this everywhere so long as you're not in most HOAs, but states really can make it more difficult than it should be with the amount of restrictions by state and local ...
by Sandtrap
Thu Jan 18, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: 10 years expenses in FI
Replies: 36
Views: 2530

Re: 10 years expenses in FI

In a previous post that I cannot now find :oops: , the poster said he didn't have a true asset allocation. Rather, he kept ten years of living expenses in bonds, and the remainder of the portfolio in equity. I think he said this worked out to 80/20 for him. Would you change your allocation as your ...
by Sandtrap
Thu Jan 18, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 99
Views: 3936

Re: Short Commute or Nicer House?

"Burbs".
For the kids.
"Burb Memories"
j :D
by Sandtrap
Thu Jan 18, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2190

Re: Real Estate Versus Stocks

Real Estate is a business, and must be run as a business to be successful. It is not a "passive" investment or investment by "proxy". Stocks, etc, are not. Anyone can buy shares in Vanguard Total Stock and get into the "market". Not so with "physical real estate". Not even an "apples" to "oranges" c...
by Sandtrap
Wed Jan 17, 2018 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 4774

Re: To the doctors on the forum

On my last several MRI's, we got the prescription from the Doc, then shopped MRI places. Found one with an outstanding reputation and was the cheapest in town. Yes. I have insurance. But we called around and shopped prices, nonetheless.
j :D
by Sandtrap
Wed Jan 17, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: Amazing how much your IPS can de-stress your life
Replies: 24
Views: 2662

Re: Amazing how much your IPS can de-stress your life

The other thing I like about the IPS is its a good way of agreeing with your spouse that you share the same plan and goals. OP: Agree with everything you said - the only thing I do differently is I do re-balance more than once a year (Since I'm always adding more money I look at allocation amounts ...
by Sandtrap
Wed Jan 17, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: How can I become a better consumer?
Replies: 18
Views: 1499

Re: How can I become a better consumer?

Not sure if this is common. . . .
Both DW and I, the deeper we are in retirement the more we save. . .the more we save the more we have. . . but, the less we need to bring happiness. . and the simpler life becomes. . . (rinse repeat).
j :D
by Sandtrap
Wed Jan 17, 2018 9:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 8011

Re: Post your Financial Milestone Announcements Here

Congratulations to everyone :sharebeer I first posted here a year and a half ago and was so worried at that time due to an unexpected job loss. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=192652 I decided to retire at that time and continue to be frugal. I paid off my car loan and have bee...
by Sandtrap
Wed Jan 17, 2018 9:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 8011

Re: Post your Financial Milestone Announcements Here

All, Okay here goes. I completed the Rollover of my 401k today and fully rebalanced into my target asset allocation! This is a major retirement milestone for me as I shift from planning a retirement to living one. Topped it off with my first Roth Conversion for 2018 (next one in Dec once I have mor...
by Sandtrap
Wed Jan 17, 2018 9:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 106
Views: 8011

Re: Post your Financial Milestone Announcements Here

New member of the 2 comma club in retirement savings here, as of today's close. I never thought this would happen due to taking withdrawals while delaying SS. We begin SS in July of this year, which will lower withdrawals to around 3% until RMD's. SS benefits will increase by about 30k in 4.5 years...
by Sandtrap
Wed Jan 17, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

Or more for your money in Keaau, although with a bit more rain. https://www.zillow.com/homes/for_sale/92456715_zpid/19.600658,-154.924918,19.586649,-154.940132_rect/15_zm/1_fr/ Keaau is VOG city. Nearly warm volcano land. Thin topsoil. Some areas can't get property insurance if it's in a volcano zo...
by Sandtrap
Wed Jan 17, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

Less VOG on the Kamuela and Honokaa side🌺🌺🌺
by Sandtrap
Wed Jan 17, 2018 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

Tear downs on my community on Oahu are going for about you want to spend on your land plus dwelling and you have pay for demolition, haul away and construction. +1 Vacant land is limited and usually "marginal". "Tear downs" are not inexpensive and add the building new costs and "huge hurdle for cos...
by Sandtrap
Tue Jan 16, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Book Suggestions
Replies: 14
Views: 902

Re: Book Suggestions

"How to Think About Money" by Jonathan Clements https://www.amazon.com/gp/product/1523770813/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 "The Simple Path To Wealth" by J. L. Collins https://www.amazon.com/gp/product/1533667926/ref=oh_aui_search_detailpage?ie=UTF8&psc=1 "Your Money Or Your Life" by Vi...
by Sandtrap
Tue Jan 16, 2018 9:54 pm
Forum: Investing - Theory, News & General
Topic: Anyone pondering moving to a cheaper place and downsizing?
Replies: 63
Views: 4159

Re: Anyone pondering moving to a cheaper place and downsizing?

6 years ago. Left our main residence in UHCOL Hawaii and moved to a mini ranch in LCOL Prescott AZ. (northern AZ), about 2 hours north of hot Phoenix. Prescott, A small retirement town of 50,000 residents nestled a mile high in the Bradshaw Mountains, surrounded by 4 National forests. Where all the ...
by Sandtrap
Tue Jan 16, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

Why it is worth any price for folks to live in Hawaii. OP: You're pretty solid, you can "make" it happen. """""Surf's UP !!! :D Took this shot up the road from my sometime place in Kailua. Dawn. 2 young surfers were just emerging from the water. Have it in my Getty/Adobe portfolio. Enjoy. :D https:/...
by Sandtrap
Tue Jan 16, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

Would you think someone was crazy if they had a $4M portfolio, decide to buy $800k house, purchase an annuity (with COLA, no less) with a significant chunk of the rest (to be conservative) that covers most of their expenses, and then withdrew 3% from the remainder of the portfolio to cover the rema...
by Sandtrap
Tue Jan 16, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

Sonny and Cher: Scrimp for 2-3 years to afford a vacation in Europe . Captain and Tennille: Scrimp for 2-3 years to afford a vacation to Asia and Europe . maybe i don't understand this because i've only lived here for a little under a year, but why would you save up for a vacation when you live in ...
by Sandtrap
Tue Jan 16, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Can We Retire in Hawaii? Please Critique
Replies: 138
Views: 10348

Re: Can We Retire in Hawaii? Please Critique

Average single house construction cost in Honolulu is $760 per square foot, so for $500,000 you are looking at a 640 square foot house. Doing it yourself will be somewhat less, but permits and materials will, as you know, be quite dear. Also, building to earthquake & hurricane code can be a bit tri...