Search found 5071 matches

by Sandtrap
Sat Aug 18, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 53
Views: 1729

Re: Your major and investing/finance?

Double Major in "Poverty" and "Hard Knocks" at "Blue Collar University" where many students are extremely motivated to learn and succeed no matter how hard or how long it takes.
by Sandtrap
Sat Aug 18, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 53
Views: 1729

Re: Your major and investing/finance?

Philosophy. My favorite theory is that we build our beliefs about the world in a meshed web, like words on a Scabble board. And just like Scrabble, we may not realize one of our words is misspelled (I.e. our belief is incorrect) until someone challenges us on it. And when that happens, even if we a...
by Sandtrap
Fri Aug 17, 2018 10:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 50
Views: 4617

Re: Vanguard predicts 10 year equity returns

just listened to yesterdays clark howard podcast where he talked about vanguards predictions of annual equity returns for the next 10 years. i don't know if this is on their website or not. insert appropriate caveats... domestic 3%-4% international 6%-7% So if you have 10X in retirement, is it enou...
by Sandtrap
Tue Aug 14, 2018 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Low seven figure windfall looking for advice
Replies: 8
Views: 1806

Re: Low seven figure windfall looking for advice

1. Read:MANAGING A WINDFALL
https://www.bogleheads.org/wiki/Managing_a_windfall

2. Given you short term horizon and tentative status over the next year or so, your instincts are correct.
Short Term CD ladder (brokered CD's), Treasuries, etc. (no bond funds).

3. Address your debts.

j
by Sandtrap
Tue Aug 14, 2018 4:39 pm
Forum: Personal Consumer Issues
Topic: What's the reason you would buy reading glasses at...
Replies: 42
Views: 2325

Re: What's the reason you would buy reading glasses at...

Hello everyone: Information please......... I was reading some of your postings and I wonder......WHY would you buy reading glasses ? Is it for economical reasons? and then,how often do you replace them? As usual many thanks for your replies,parigi. No line trifocals (progressives). Reading glasses...
by Sandtrap
Tue Aug 14, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Biking with 2 young children - what gear to get?
Replies: 24
Views: 1099

Re: Biking with 2 young children - what gear to get?

I've resolved to stop using my kids (ages 2 & 4) as excuses to not be more physically active :D Pre-kids, DH and I used to enjoy going on long bike rides (20 + miles) around Chicago, and I would occasionally bike to work. We have 2 good Trek bikes, and mine has a rack + pannier bag. In the past 5 y...
by Sandtrap
Tue Aug 14, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 93
Views: 8169

Re: As an American, where are some great places in the world to retire?

1. Move from a HCOL area to a LCOL area.
2. Downsize.
3. America has some great places in the world as well.
(grandchildren, family, medical, shared culture).
j
by Sandtrap
Tue Aug 14, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 58
Views: 4581

Re: Marriage [How should finances be handled?]

Hi all, I will be getting married next month. Me and the fiancée are both investing and paying down student loans in accordance with the boglehead way. Now I am here for guidance as to what actions should be taken financially after marriage. Do we continue investing/saving/ paying down our student ...
by Sandtrap
Tue Aug 14, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: How do index funds affect stock valuations?
Replies: 15
Views: 934

Re: How do index funds affect stock valuations?

According to data, index funds make up 17.5 percent of the $67.9 trillion in global equity market capitalization.
It would take an unrealistic amount to move the bigger needle.
j
by Sandtrap
Tue Aug 14, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Asked my advisor about fees and here's their reply
Replies: 40
Views: 5189

Re: Asked my advisor about fees and here's their reply

Read a couple of books. I recommend The Only Guide to a Winning Investment Strategy You’ll Ever Need - Larry Swedroe, All About Asset Allocation - Rick Ferri, The Little Book of Common Sense Investing by John Bogle where you learn about the tyranny of expenses. Read them, formulate an investment po...
by Sandtrap
Sun Aug 12, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: reliable online public forum
Replies: 24
Views: 2047

Re: reliable online public forum

hello BH Which one is the most reliable, trustworthy, reputable online public forum on a general wide variety of issues, such as, health, retirement, living, business, medical, divorce, and family so on? best wishes You've come to the right place. Also suggestions on roofing, emergency home power s...
by Sandtrap
Sun Aug 12, 2018 12:44 am
Forum: Personal Consumer Issues
Topic: reliable online public forum
Replies: 24
Views: 2047

Re: reliable online public forum

hello BH Which one is the most reliable, trustworthy, reputable online public forum on a general wide variety of issues, such as, health, retirement, living, business, medical, divorce, and family so on? best wishes You've come to the right place. Also suggestions on roofing, emergency home power s...
by Sandtrap
Fri Aug 10, 2018 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8943

Re: Biggest Threats to Financial Well-Being

bertilak wrote:
Fri Aug 10, 2018 6:35 pm
Sandtrap wrote:
Thu Aug 09, 2018 6:00 pm
Ignorance. Pride. Ego. Gullibility. and other behavioral/lifestyle defects.
I'm toast!

(Partially kidding -- those ARE things to be wary of.)
+1
Also "toast" !!!!
If I had a dime for every dollar I've wasted. . . . . . . . :shock:
by Sandtrap
Fri Aug 10, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3166

Re: Is your monthly expense really that stable or in reality, pretty volatile?

At some point, meaning later on in life!, you kind of realize that those "one-off's" are actually just routine road bumps. There will always be plumbing issues, you'll replace a roof, you'll replace a car, there might be a huge educational expense, a large tax bill, a loan, a renovation, etc., etc....
by Sandtrap
Fri Aug 10, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3166

Re: Is your monthly expense really that stable or in reality, pretty volatile?

IMHO an Emergency Fund or (substantial) "Emergency Fund" depending on one's cash flow over average expenses, acts as a "shock absorber" or buffer to smooth out the variances of monthly expenses over the year. And, the more volatile one's monthly expenses, the greater the need for a larger Emergency ...
by Sandtrap
Fri Aug 10, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property with Sibling Questions
Replies: 22
Views: 1563

Re: Rental Property with Sibling Questions

Good morning. Hoping for any advice or thoughts from folks. My sister and I are going to buy my parents house solely for a rental. We will be going in 50/50 and will carry a mortgage on it. She has gotten a recommendation to setup an LLC to buy/operate the rental. I have been told by a friend to lo...
by Sandtrap
Thu Aug 09, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tell my family/friend that they are making a financial mistake?
Replies: 87
Views: 7678

Re: Should I tell my family/friend that they are making a financial mistake?

Tdubs wrote:
Thu Aug 09, 2018 8:17 pm
People do not like to be told they don't know how to invest, save, or borrow.
+1
by Sandtrap
Thu Aug 09, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8943

Re: Biggest Threats to Financial Well-Being

delamer wrote:
Thu Aug 09, 2018 10:34 am
A spouse with very different attitudes toward spending, saving, and investing.
+1
Ignorance. Pride. Ego. Gullibility. and other behavioral/lifestyle defects.
j
by Sandtrap
Thu Aug 09, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Landlord advice needed with section 8
Replies: 38
Views: 3559

Re: Landlord advice needed with section 8

Several hundred rental units over many decades. 1. Don't rent to Section 8. (or other subsidized type of arrangement). 2. Be patient and rent to the best non-Section 8 tenants that are available. Without exception. 3. Know the landlord tenant code and all local codes and laws (state/fed/county/etc)...
by Sandtrap
Thu Aug 09, 2018 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Landlord advice needed with section 8
Replies: 38
Views: 3559

Re: Landlord advice needed with section 8

Several hundred rental units over many decades. 1. Don't rent to Section 8. (or other subsidized type of arrangement). 2. Be patient and rent to the best non-Section 8 tenants that are available. Without exception. 3. Know the landlord tenant code and all local codes and laws (state/fed/county/etc) ...
by Sandtrap
Wed Aug 08, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Time for my annual sanity check
Replies: 8
Views: 1089

Re: Time for my annual sanity check

This might be helpful to you for management and projections. ONLINE FINANCIAL TOOLS PORFOLIO VISUALIZERS, PROJECTIONS, AND ANALYSIS https://www.portfoliovisualizer.com Firecalc. Retirement. How long will your money last? https://www.firecalc.com Morningstar Instant Xray http://www.morningstar.com/po...
by Sandtrap
Wed Aug 08, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on final house negotiations
Replies: 35
Views: 2032

Re: Advice needed on final house negotiations

Here is the situation, we agreed on a price for the house, which needed a few fixes in our inspection. This was a rehab house done by a development company, meaning their cost of labor theoretically should be fixed and all of our requests easy to do. During the legal review process, the seller was ...
by Sandtrap
Wed Aug 08, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: different types of interest penalties on withdrawal of CD. Which is better?
Replies: 8
Views: 582

Re: different types of interest penalties on withdrawal of CD. Which is better?

2) Certificates Having a Term Greater Than Six Months. … b) If redeemed [after first year], but prior to the maturity date, the early withdrawal penalty will equal 30% of what would have been earned if the certificate had been held to maturity, not to exceed total dividends earned It's possible to ...
by Sandtrap
Wed Aug 08, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Two voices in my head
Replies: 36
Views: 2763

Re: Two voices in my head

I'm still young, I've got a minimum of 40 years to work before I can officially retire sometimes I think I err on the conservative side because of my 75/25 AA and because I just hold the market portfolio, ridiculous yeah I know but still these thoughts creep into my head. part of me says: You only ...
by Sandtrap
Wed Aug 08, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Old dog needs to learn to manage his investments
Replies: 60
Views: 5086

Re: Old dog needs to learn to manage his investments

Thanks for the helpful replies. I feel like our returns have been good. It’s just that I have put this important stuff in someone else’s hands and don’t fully understand the investments or the costs. I’m committed to educating myself starting today. It’ll be a long road. Yes. When you know enough t...
by Sandtrap
Wed Aug 08, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: What (simple) desktop to buy
Replies: 29
Views: 1255

Re: What (simple) desktop to buy

Dell i3 is fine for his use. The hurdle might be the change in operating system from what he has now (windows 7?) to windows 10. Also, his word and excel programs might have to be upgraded for windows 10 and the "look" might be different than what he is used to. If you install Classic Shell on a W1...
by Sandtrap
Wed Aug 08, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Old dog needs to learn to manage his investments
Replies: 60
Views: 5086

Re: Old dog needs to learn to manage his investments

Welcome. Go through this "short reading list" and when you are done, you will likely not need a financial advisor and you will know more than most folks about how to manage your investments. Share and review with your son. Your toolbox. (links included for your convenience) GETTING STARTED https://w...
by Sandtrap
Wed Aug 08, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Bond Portfolio
Replies: 3
Views: 696

Re: Bond Portfolio

Perhaps keep it simple with Total Bond and Wellesley. Since Wellesley has a bond component . . . . You can input the dollar amounts of each to get an idea of what it takes to meet your allocation overall with these tools. ONLINE FINANCIAL TOOLS PORFOLIO VISUALIZERS, PROJECTIONS, AND ANALYSIS https:/...
by Sandtrap
Wed Aug 08, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: What (simple) desktop to buy
Replies: 29
Views: 1255

Re: What (simple) desktop to buy

My dad (71 years old, ok with computers), has finally had enough of his 6+ year old desktop. He pretty much only uses it for Thunderbird (synced via IMAP to gmail), Word, Excel & Chrome. Any thoughts on these: https://www.officedepot.com/a/products/653277/Dell-Inspiron-Desktop-PC-AMD-Ryzen/ https:/...
by Sandtrap
Wed Aug 08, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Better investments than the stock market?
Replies: 13
Views: 2137

Re: Better investments than the stock market?

Hi there! Is there a better way to put your money besides investing in index funds? What alternative investment method would yield a higher return over the long term with underlying value? 1. Depends on how much money you have to work with. It's like this. Here's a "metaphor". Think of investment f...
by Sandtrap
Wed Aug 08, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: different types of interest penalties on withdrawal of CD. Which is better?
Replies: 8
Views: 582

Re: different types of interest penalties on withdrawal of CD. Which is better?

I'm looking at CD rates and are comparing two (one at capone 360 and the other at penfed credit union). The pen fed are slightly higher than cap360 (on all terms I believe). I looked at how their early withdrawal penalties are calculated (just in case) and found penfed calculates one term slightly ...
by Sandtrap
Mon Aug 06, 2018 11:45 pm
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 2940

Re: Relaxing - quieting the mind

1. Relax in a reclining beach chair. Browse the Boglehead forum. 2. Cat sleeping on your lap as you do the above. 3. Sip a cool drink and eat a snack while doing the above. 4. Feel the cool ocean trade winds blowing softly through the palm trees that surround you as you are doing the above. 5. Hear ...
by Sandtrap
Mon Aug 06, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: Renting Out Home
Replies: 6
Views: 1020

Re: Renting Out Home

This is a common stepping stone for those wanting to venture into R/E rentals and income diversification. You will also have the tax benefits. As your salary and savings are substantial enough to ride out any vacancy periods, and so forth, it can be a good move if gone about sensibly. This means, no...
by Sandtrap
Mon Aug 06, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12802

Re: "Age in Bonds" fails almost everyone

I tend to think "Age in Bonds" still has a place. Having $30k and losing $15k Having $300k and losing $150k Having $3 million and losing $1.5 million These are different at various ages. A 30 year old with $3 million doesn't have to be 95% stocks. A 50 year old with $1.75 million doesn't have to be...
by Sandtrap
Mon Aug 06, 2018 8:16 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12802

Re: "Age in Bonds" fails almost everyone

They are treating the asset allocation models from three top-rated target date fund managers (BlackRock, JP Morgan, and Vanguard) as "right" and age in bonds as "wrong". Seems rather arbitrary. Especially considering the title. Does the OP write click-bait articles for a living? You might think cli...
by Sandtrap
Mon Aug 06, 2018 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Planning to invest in these funds -- any issues?

Welcome. 1. Format your original post this way and you will get better responses. If not in this format, suggestions will be limited. You can use the pencil icon to edit it. 2. Yes. You don't need to pay a financial advisor. Glad you have not taken that step. 3. You have too many funds. Keep it simp...
by Sandtrap
Mon Aug 06, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12802

Re: "Age in Bonds" fails almost everyone

Variables at age 65 are: 1. Total portfolio value. 15x, 20x, 25x, 50x?? 2. Alternate and diversified income streams. 3. Overall volatility of the equity portion of the portfolio. 4. On the fixes side, are there other things besides bonds? CD's, Treasuries, etc?? 5. Existence of annuities? 6. Risk to...
by Sandtrap
Mon Aug 06, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: Getting the stink out of synthetic shirts
Replies: 37
Views: 2491

Re: Getting the stink out of synthetic shirts

Scent Killer Powder by Wildlife Research.
Works.
https://smile.amazon.com/gp/product/B00 ... UTF8&psc=1
Also, bleach.

If the combination of these two items does not remove a smell, nothing will AFAIK.
j
by Sandtrap
Mon Aug 06, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Growth Funds
Replies: 5
Views: 386

Re: Growth Funds

At your age and financial situation, one wise course of action might be to do this:
Asking Portfolio Questions
https://www.bogleheads.org/forum/viewt ... =1&t=6212

In this format.
j
by Sandtrap
Sun Aug 05, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Pulled the trigger
Replies: 15
Views: 2827

Re: Pulled the trigger

:sharebeer
Congratulations on a well thought out plan.
And, easing into retirement while retaining one income stream. Very sensible.
Sounds like you've got your "bases covered".

Sit back, relax.
You've earned it.
j :D
by Sandtrap
Sun Aug 05, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 2476

Re: Another CD Ladder Thread

The search function will easily bring up several similar CD ladder threads. However, I want to start a new one with current rates and scenarios. I'm looking at a fidelity brokered five year CD ladder with the following rates: 1. 2.3 2. 2.8 3. 3.0 4. 3.15 5. 3.35 A comparable two year ladder: 6 mont...
by Sandtrap
Sun Aug 05, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Question to retirees - money or work/life balance?
Replies: 46
Views: 5236

Re: Question to retirees - money or work/life balance?

I was offered vertical moves several times in my career with mega insurance corp, but every time it required more time away from family and friends including travel for extended periods. I was very happy with the position which allowed me to make my own schedule and finish the day when my work was ...
by Sandtrap
Sun Aug 05, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Question to retirees - money or work/life balance?
Replies: 46
Views: 5236

Re: Question to retirees - money or work/life balance?

I have a question for some of the Boglehead retirees: was it worth chasing money and sacrificing work / life balance? For those who have done so, do you have any regrets? Likewise, for those who made decisions to limit their career earnings for the sake of their family, work / life balance, etc, do...
by Sandtrap
Sun Aug 05, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Comfort level with Credit Card Balance
Replies: 86
Views: 5284

Re: Comfort level with Credit Card Balance

You can’t both not be paying off your credit card each and not paying interest (unless you have a 0% interest rate). What do you mean by your “monthly carry-over balance?” If we didn’t already have the cash in the bank to buy an item, we wouldn’t put it on a credit card. Credit cards are for conven...
by Sandtrap
Sat Aug 04, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: 3 Levels of Wealth
Replies: 125
Views: 11439

Re: 3 Levels of Wealth

The better approach is to be financially free. 100% agree. Better to be rich than to be poor (at least, for most of us). And there is nothing wrong with having a high income and enjoying it, if you were willing to outwork your competition for almost 15 years. Hard work is rewarded in this country -...
by Sandtrap
Thu Aug 02, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Health and cognitive issues at age 80 and beyond...and managing finances
Replies: 17
Views: 2166

Re: Health and cognitive issues at age 80 and beyond...and managing finances

You brought up a poignant issue, none are immune. Thanks for posting. Health and cognitive issues don't start at age 80, all at once. Like rust on steel, it starts slowly over a long period of time. (IE: we loose our "noodles"/"marbles" one at a time.) This is all the more reason to perhaps take a c...
by Sandtrap
Thu Aug 02, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Annuity vs investment
Replies: 40
Views: 2504

Re: Annunity vs investment

It seems most people are talking about 3% or 4% withdrawal rate here. I am wondering why not just buy immediate annunity and get let's say 6% rate annunity. isn't it better rate than these so called safety withdrawal rate? Thanks. Single Premium Immediate Annuity: Pros: - Higher return than bonds. ...
by Sandtrap
Thu Aug 02, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: 4% rule .. but when?
Replies: 35
Views: 4153

Re: 4% rule .. but when?

So person A retires at year 2007 with $1M. This person decides he can live with $40k/year Person B has the same $1M at year 2007. At year 2009, the stock market has crashed and and lost 50% value, so $500k are left. This person decides he can live with $20k/year You could argue that 100% stocks is ...