Search found 3621 matches

by Sandtrap
Sat Feb 24, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Ethics of selling a used car
Replies: 15
Views: 486

Re: Ethics of selling a used car

I have sold several old cars over the years. Ever one was old and almost worn out. They all had over 100K miles. All had repair histories and most likely needed more work performed that I did not want to do. That is why I sell old cars. I do not want to fix them any longer and want something nicer ...
by Sandtrap
Sat Feb 24, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Ethics of selling a used car
Replies: 15
Views: 486

Re: Ethics of selling a used car

The ethics of selling a used car on Craigslist are whatever ethics you bring to the sale. Disclosure of known "verifiable" issues (not suspicions) and also work already done is more than many used car buyers get from the dealerships. Suffice to say that many used car lots have zero ethics. Also, con...
by Sandtrap
Sat Feb 24, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: "Invest" in Student Loans or Retirement?
Replies: 4
Views: 109

Re: "Invest" in Student Loans or Retirement?

Congratulations on your new "little 'un". :D In general, priorities might be: 1 Student Loan 4.8% 2 Car Loan 3 Concurrently build up a larger Emergency Fund in 2 tiers. .....A. High Yield Accounts. Accessible. Protection of Principal. .....B. CD and/or CD ladder. Protection of Principal. 4 Long term...
by Sandtrap
Sat Feb 24, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: AA: am I being wise or missing something?
Replies: 17
Views: 482

Re: AA: am I being wise or missing something?

In your financial position anything between 60/40 and 40/60 . . would do fine according to general input. Certainly, someone in your excellent financial position could afford to take on more risk. . but why? The "elephant in the room" question is: How would you feel if the market took a big dip and...
by Sandtrap
Sat Feb 24, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: novice looking for options
Replies: 1
Views: 38

Re: novice looking for options

Welcome :D 1 Leave EJ and get into Vanguard or Schwab, etc. Minimize your expense ratios and fees. Rock bottom. 2 Greatly. . and that means Greatly, simplify these funds into index funds. More is not better. 3 Learn and follow and use the following toolbox. It will answer 90% of your questions and c...
by Sandtrap
Sat Feb 24, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: What books changed your outlook on how you should invest?
Replies: 28
Views: 1530

Re: What books changed your outlook on how you should invest?

Og Mandino, Think And Grow Rich, Acres of Diamonds.
Taught me the value of saving, thinking about money.

Millionaire Next Door.
I'm not alone, many paths to similar goals.

aloha,
jim :D
by Sandtrap
Sat Feb 24, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: Reinvest dividends or sweep to settlement account
Replies: 21
Views: 2206

Re: Reinvest dividends or sweep to settlement account

I reinvested for 35 years to allow the magic of compounding eventually to do the..... Heavy Lifting of the portfolio. It works. Would do the same all over again. Takes the emotion out of investing. It is automatic. Retired now, time to enjoy the distributions. :happy +1 No, whether or not one reinv...
by Sandtrap
Sat Feb 24, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 44
Views: 1913

Re: Favorite socks?

I love Darn Tough socks! Worth every penny to me. Another endorsement for Darn Tough socks. I like wool socks for comfort but do not get much wear out of most brands. On my feet, Darn Tough wears longer than SmartWool. Plus, Darn Tough socks have a lifetime warranty for wear that I have taken advan...
by Sandtrap
Sat Feb 24, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: AA: am I being wise or missing something?
Replies: 17
Views: 482

Re: AA: am I being wise or missing something?

In your financial position anything between 60/40 and 40/60 . . would do fine according to general input. Certainly, someone in your excellent financial position could afford to take on more risk. . but why? The "elephant in the room" question is: How would you feel if the market took a big dip and ...
by Sandtrap
Sat Feb 24, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 44
Views: 1913

Re: Favorite socks?

I love Darn Tough socks! Worth every penny to me. Another endorsement for Darn Tough socks. I like wool socks for comfort but do not get much wear out of most brands. On my feet, Darn Tough wears longer than SmartWool. Plus, Darn Tough socks have a lifetime warranty for wear that I have taken advan...
by Sandtrap
Sat Feb 24, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 44
Views: 1913

Re: Favorite socks?

Socks.. . and shoes . . are the "achilles heel" for me because my Part-Hawaiian feet are so wide. And, wool makes my skin itch. I've tried Thorlo's but they are very pricey. Are good socks supposed to cost $15-$20 for just 1 pair? Walmart and Costco fair don't seem to last very long or stay up (sagg...
by Sandtrap
Sat Feb 24, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: Knob and Tube rewire cost
Replies: 9
Views: 484

Re: Knob and Tube rewire cost

At least 3 quotes from licensed, insured, reputable electrical contractors, all bidding on the same work (apples for apples). You may be having trouble getting quotes because a "Knob and Tube" rewire is labor intensive and/or work in your area is very busy and fruitful right now and contractors do n...
by Sandtrap
Sat Feb 24, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: Roof Shingle Recommendations
Replies: 19
Views: 812

Re: Roof Shingle Recommendations

Depending on how long you plan to be in your home, I'd consider a "forever roof", steel, clay or concrete tile, etc.
And, have it expertly installed.
j :D
by Sandtrap
Sat Feb 24, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Just had our offer accepted on a $1.4 Million House
Replies: 26
Views: 2377

Re: Just had our offer accepted on a $1.4 Million House

Presumably the OP has high income as even at current resident salaries (compared to mine 20+years ago) it is hard to imagine qualifying for a $1,000,000 loan regardless of mortgage terms. I would suggest at least going to the Whitecoat Investor website and checking out some of Jim Dahle’s post rega...
by Sandtrap
Sat Feb 24, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Buffett - Stock to Bond ratio
Replies: 11
Views: 763

Re: Buffet - Stock to Bond ratio

I know that this group is a big proponent of stock to bond ratio to control the risk. Here is what Buffett says in his annual news letter this year - "It is a terrible mistake for investors with long-term horizons – among them, pension funds, college endowments and savings-minded individuals – to m...
by Sandtrap
Sat Feb 24, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: New BH member, first time poster
Replies: 5
Views: 274

Re: New BH member, first time poster

Welcome :D #1 . . Yes EF should be addressed. 3-6 mos. income/expenses. Then. #3 If you care to have suggestions in a greater context. . . Target Allocation? What funds are in the accounts? Asking Portfolio Questions https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Have you composed your IP...
by Sandtrap
Sat Feb 24, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Just had our offer accepted on a $1.4 Million House
Replies: 26
Views: 2377

Re: Just had our offer accepted on a $1.4 Million House

Simplify. Rent for the short term and focus on careers. Complexity, added debt, and risk, is not a good thing at this time. If there should be personal or financial "black swans" during this period, they would be better survived by renting (flexibility) and keeping your cash in hand. The time will g...
by Sandtrap
Sat Feb 24, 2018 9:44 am
Forum: Personal Consumer Issues
Topic: New Dryer with Issues... Should I return it?
Replies: 11
Views: 717

Re: New Dryer with Issues... Should I return it?

Return ASAP.
You paid for new and working perfect out of the box.
j :D
by Sandtrap
Sat Feb 24, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 170
Views: 12560

Re: What if you only live off dividends?

Toons wrote:
Wed Feb 14, 2018 6:31 pm
Dividends
Cap Gains
Interest.
Yes It Can Be Done. :wink:
Yes.
And the Wellesley/Wellington twins do it quite nicely.
j :D
by Sandtrap
Sat Feb 24, 2018 1:31 am
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 91
Views: 4873

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

This helped me a lot in planning for ObamaCare. I also saved a lot in taxable savings that I am drawing on. That way I don't trigger any taxes by selling off any investments, avoiding capital gains. Most of my other assets are tax deferred. You can position yourself well if you plan years in advanc...
by Sandtrap
Sat Feb 24, 2018 1:29 am
Forum: Personal Consumer Issues
Topic: Third floor too hot with central A/C: options?
Replies: 23
Views: 1259

Re: Third floor too hot with central A/C: options?

1 Foam insulate the attic. Might change things drastically.
2 Add a smaller A/C system just for the attic.

I have a 3 story home and there are separate A/C-Heat units with independent thermostats for each floor. Works great. Saves $$$ with a zone system.

j :D
by Sandtrap
Fri Feb 23, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 27
Views: 2224

Re: Financial proposal from Adviser

I received a hypothetical proposal from a financial advisor with EJ, I moved all my accounts from them but still have a 529 plan with them. It's a proposal to grow my funds from around 200K to almost 800K over a span of 20 years. It would be half in American funds (index funds, bond index funds) an...
by Sandtrap
Fri Feb 23, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: What UN-frugal thing do you do?
Replies: 165
Views: 7885

Re: What UN-frugal thing do you do?

Bogleheads: In recent years, when I go to the grocery store or restaurant, I seldom look at the price. I just buy what I want. It is a luxury I could not afford when I was younger. Thank you, Jack! Best wishes. Taylor Same here. I was just talking about this with DW. Now that we're retired, we tend...
by Sandtrap
Fri Feb 23, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Terminology question: what does "losing money" mean?
Replies: 71
Views: 2705

Re: Terminology question: what does "losing money" mean?

My mother, and relatives, always said they were "losing money". Because: 1 They should be raising tenant's rent to market value but have not. 2 The drugstore was not making as much money as the year before. 3 Employees were either not producing or stealing. 4 Investment returns were poor. 5 The enti...
by Sandtrap
Fri Feb 23, 2018 10:27 am
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 43
Views: 4801

Re: "Bogleheads.org" by Kristine Hayes"

Bogleheads: I think you will enjoy this short article about our Bogleheads' forum by Kristine Hayes. Kristine's article is a reminder of how important it when using abbreviations to also say what the initials stand for. Bogleheads.org Best wishes. Taylor Enjoyable article. Thanks, "Taylor'. The wri...
by Sandtrap
Fri Feb 23, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: MacBook Maintenance/Improvement - Running Slow
Replies: 18
Views: 1439

Re: MacBook Maintenance/Improvement - Running Slow

Over the past few days, my Mac has become extremely slow and wonky, requiring me to Force Quit applications frequently. I run the Disk Utility/First Aid - and it helps a little, for a short amount of time - not sure what else to do and my understanding is that there is no software to be downloaded ...
by Sandtrap
Fri Feb 23, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: How am I really doing for retirement savings?
Replies: 45
Views: 4044

Re: How am I really doing for retirement savings?

We're looking at our budgets carefully right now. With two growing kids, we're finding that our budget is tighter today than it was a few years ago, when we had 1 little kid, which then felt tighter from when we had no kids. Anyways, I'm trying to decide whether we need to go "full throttle" (maxin...
by Sandtrap
Fri Feb 23, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: When Stocks and Bonds Fall
Replies: 24
Views: 1290

Re: When Stocks and Bonds Fall

This is a good case for diversification of income streams. IE: SPIA's, Rental Income, etc etc.
mahalo,
j :D
by Sandtrap
Fri Feb 23, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Rick Ferri Fixed Income Portfolio Funds
Replies: 17
Views: 1977

Re: Rick Ferri Fixed Income Portfolio Funds

Fund strategies evolve and change to meet the needs of past and present financial conditions. Now that you have the start of a good foundation in Rick Ferri's strategies, it would be prudent to study other approaches up to present date with no attachment to any particular method. https://www.boglehe...
by Sandtrap
Fri Feb 23, 2018 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Employment for Immigrant Wife
Replies: 27
Views: 2300

Re: Employment for Immigrant Wife

I recently got married and we have filed for my wife's green card. For the last few weeks we've been discussing her employment options when she gets her work authorization and green card (this summer). I've started stressing over this recently. She is from China, and speaks fluent Mandarin and Cant...
by Sandtrap
Fri Feb 23, 2018 1:53 am
Forum: Personal Finance (Not Investing)
Topic: Small Personal Loans for Mixed Martial Arts Training
Replies: 20
Views: 1466

Re: Small Personal Loans for Mixed Martial Arts Training

The most important caution is not borrowing for martial arts training and then having to make payments long after, But establishing the "habit" of borrowing for immediate needs and paying for it later for a long time. Each time this is done it get's easier. The amounts get larger and the reasons for...
by Sandtrap
Thu Feb 22, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Employment for Immigrant Wife
Replies: 27
Views: 2300

Re: Employment for Immigrant Wife

I recently got married and we have filed for my wife's green card. For the last few weeks we've been discussing her employment options when she gets her work authorization and green card (this summer). I've started stressing over this recently. She is from China, and speaks fluent Mandarin and Cant...
by Sandtrap
Thu Feb 22, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Diversification when total market isn't an option...
Replies: 10
Views: 625

Re: Diversification when total market isn't an option...

VFIAX Index 500 would be a simple solution for all of that $7500 What about "fixed", bond fund? Look at your total financial picture and then select the funds with this comprehensive view in mind. What is your target allocation? It would be a good idea to do an entire portfolio review to see things ...
by Sandtrap
Thu Feb 22, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about buying some real estate to diversify my virtual wealth - agree?
Replies: 17
Views: 1333

Re: I'm thinking about buying some real estate to diversify my virtual wealth - agree?

I have just gotten out of "landlording" over 100 rental units so I'm not sure if you want to have a full time plus job being a "landlord". There are sensible reasons for owning real estate. 1 One's home. 2 Other SFH (single family homes, condo, apt, etc) to rent out or "snowbirding" or VRBO/AIR BnB....
by Sandtrap
Thu Feb 22, 2018 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 91
Views: 4873

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018

The best way to deduct the premiums would be if you were self employed and had earnings more than the premiums. Then you can write them off on 1040 line 29. Second best would be if you itemized on Schedule A. Then you can take the amount that exceeds 7.5% of your income as a deduction. You'd really...
by Sandtrap
Thu Feb 22, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance when retiring or self employed before Medicare age?
Replies: 14
Views: 880

Re: Health insurance when retiring or self employed before Medicare age?

Has anyone found creative ways (not sharing ministries) to get on a group plan? Are there ways to get onto a group plan through organizations such as AARP, or professional organization such as the National Association of Realtors, etc? I ask because I don't know. A lawyer I know enrolled in a commu...
by Sandtrap
Thu Feb 22, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 12
Views: 818

Re: Asset Allocation

Asset Allocation (what is right for you?) https://www.bogleheads.org/wiki/Asset_allocation Outstanding write up on the 64/40 allocation by Bernstein. http://web.archive.org/web/20061214061904/http:/dfmadvisors.com/pdf/Bernstein6040.pdf R. Ferri on Bernstein's 60/40 http://www.etf.com/sections/index-...
by Sandtrap
Thu Feb 22, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about selling GE to invest in an index fund
Replies: 24
Views: 2329

Re: Thinking about selling GE to invest in an index fund

Sell it.
How do you know that it is at its lowest?
What if over the next 6 months it lost 50%.
Is it the next "Apple" or the next "Radio Shack"?
2% of the greater portfolio will not be an extreme move either way.
j :D
by Sandtrap
Thu Feb 22, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Will Emerging China Change Things for Domestic Investing?
Replies: 27
Views: 1828

Re: Will Emerging China Change Things for Domestic Investing?

All the more reason to consider the Vanguard Global Wellesley Fund, or similar funds.
Local economies are no longer "self contained". Each interdependent on the other.
The question itself is a bit skewed.
Actionably:
https://www.bogleheads.org/wiki/Behavioral_pitfalls
by Sandtrap
Thu Feb 22, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor: Investing In A Bear Market
Replies: 29
Views: 2268

Re: Young Investor: Investing In A Bear Market

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

Market fluctuations represent opportunities, not hazards.
j :D
by Sandtrap
Thu Feb 22, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Boglehead Flashlight?
Replies: 57
Views: 3580

Re: Boglehead Flashlight?

LED Maglight. "D" cells. We have one near every entry/exit door of our home as well as in the bedrooms and cars. I recently bought this heavy "beast" at Home Depot for $30 and it is very bright and solid. Uses "D" cells which is great. https://www.homedepot.com/p/Husky-1000-Lumen-Virtually-Unbreaka...
by Sandtrap
Thu Feb 22, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Cedar Roof
Replies: 27
Views: 1612

Re: Cedar Roof

My experience with Cedar, wood, asphalt shingle, and composite shingle roof, has been marginal. They always need something. Now, I have cement/clay tiles which is a forever roof. And, a steel roof on my barn which is forever.
j :D
by Sandtrap
Thu Feb 22, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: Boglehead Flashlight?
Replies: 57
Views: 3580

Re: Boglehead Flashlight?

LED Maglight. "D" cells. We have one near every entry/exit door of our home as well as in the bedrooms and cars. I recently bought this heavy "beast" at Home Depot for $30 and it is very bright and solid. Uses "D" cells which is great. https://www.homedepot.com/p/Husky-1000-Lumen-Virtually-Unbreakab...
by Sandtrap
Thu Feb 22, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: CBD oil recommendations? [Cannabidiol oil]
Replies: 3
Views: 459

Re: CBD oil recommendations?

CBD oil is legal if without the THC component. If a THC component then one must have a medical card and prescription. CBD oil can be processed from various parts of the plant. Each with different properties, though beware marketing. *****Medications and Health advice are prohibited on the forum. Goo...
by Sandtrap
Thu Feb 22, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance when retiring or self employed before Medicare age?
Replies: 14
Views: 880

Re: Health insurance when retiring or self employed before Medicare age?

As you progress in your research, beware the "Obamacare ACA Subsidy Cliff". Here is a current post by a fellow who stepped right off of that "cliff" without knowing it. The fall is high. ACA Subsidy Cliff https://www.bogleheads.org/forum/viewtopic.php?f=2&t=242273&p=3796259#p3796259 The period betwe...
by Sandtrap
Thu Feb 22, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Diversification
Replies: 7
Views: 561

Re: Diversification

29 with about 100k in stocks 50k in 401k 50k in a brokerage. 401k is 45% vanguard 500 index 35% vanguard total international stock index 10% mid cap index 10% small cap index. I am looking for thoughts and opinions on how to diversify the remaining 50 k in my brokerage account. 50% vanguard total u...
by Sandtrap
Thu Feb 22, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: How Secure Is Your Apartment
Replies: 36
Views: 3199

Re: How Secure Is Your Apartment

Also, be sure that you must be present when any repairs or required (non emergency) access to your unit is needed. Schedule accordingly.
The resident manager or such will have your house keys in case of emergency. But you can restrict access otherwise.
j :D
by Sandtrap
Thu Feb 22, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 60
Views: 2121

Re: Would you pay off this debt?

Yes.
Car loan definitely.
Pay off Mortgage now or incrementally.
There are many that view entering retirement with zero debt as a big plus.
aloha,
j :D
by Sandtrap
Thu Feb 22, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 66
Views: 6685

Re: $12,000 Refrigerator? [Looking in $7k price range]

Notice that "built in" appliances typically cost much much more than freestanding. IE: a freestanding electric range is fairly generic and highly competitive in price. It cooks food. But once the same unit becomes a "built in" without side panels, the price goes up exponentially, yet the "innards" a...
by Sandtrap
Thu Feb 22, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 63
Views: 4951

Re: Do you rent even if you can afford to buy?

DW and I rented for many years because: 1 Lived in a UHCOL State 2 Preferred to live well below our means though many of our peers chose mortgages. 3 Chose to take the money we saved and reinvest it in our company. (worked out well) 4 At some point knew we were going to relocate to a LCOL State. It ...