Search found 133 matches

by KandT
Fri Jan 17, 2020 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Realized we made a major mistake and feeling really sick.
Replies: 162
Views: 14499

Re: Realized we made a major mistake and feeling really sick.

I have an easy solution. Just put $500,000 into the next high tech stock that is going to go up 800%. Not so easy is it? How could you have realistically known what your options would have been worth? No need to beat yourself up! You can only live looking forward. Please say a "prayer" (sorry to the...
by KandT
Thu Jan 16, 2020 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 353
Views: 30137

Re: Do you plan to actually spend down your portfolio?

Old Guy wrote: Wed Oct 23, 2019 11:25 am First world problem.
It would be odd to discuss the need for refrigeration on this forum.
by KandT
Thu Dec 19, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: How does a "short squeeze" work?
Replies: 2
Views: 396

How does a "short squeeze" work?

I own a historically heavily shorted stock (name purposely omitted to avoid straying from the facts). Can anyone help me understand what is meant by the "shorts" driving up the price and how would I know if that is happening now? The stock is way up - Is there a place I can check to see how much of ...
by KandT
Wed Dec 18, 2019 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Is any one uncomfortable with their wealth?
Replies: 152
Views: 12321

Re: Is any one uncomfortable with their wealth?

I actually have the reverse. Interestingly, I have only lived a humble life until about the last 24 months. I still am humble but treated myself to some nice things lately - Tesla, Ford F250 Diesel, high end carbon fiber bicycles, European vacations. People are perplexed and dumbfounded by me. I did...
by KandT
Sun Dec 08, 2019 10:56 pm
Forum: Investing - Theory, News & General
Topic: Retail investors selling US stocks at record levels/WSJ article 12/8/19
Replies: 26
Views: 4021

Re: Retail investors selling US stocks at record levels/WSJ article 12/8/19

There’s an interesting article in today’s Wall Street Journal (12/8/19) regarding retail investors selling ~$136 billion in U.S. equities YTD. Does that imply non-retail investors bought ~$136 billion in U.S. equities YTD? :? I guess someone bought them since the market is up! :sharebeer
by KandT
Sun Dec 08, 2019 10:55 pm
Forum: Investing - Theory, News & General
Topic: Retail investors selling US stocks at record levels/WSJ article 12/8/19
Replies: 26
Views: 4021

Re: Retail investors selling US stocks at record levels/WSJ article 12/8/19

I have no fortune telling abilities, however even though the economy goes in cycles I dont believe the fact that the market has been up for "too long" will send us in to recession. That sounds like an attempt at market timing to me. The market may go down but not because its been up for too long. Ho...
by KandT
Tue Nov 12, 2019 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Online MBA - Worth It?
Replies: 30
Views: 2430

Re: Online MBA - Worth It?

Depends on where from. I would say an online for profit MBA is of marginal value. An MBA is basically a business degree for people who already have another degree. What differentiates some programs are the participants, the interactive experience and networking opportunities. I'm not sure what gett...
by KandT
Tue Nov 12, 2019 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Online MBA - Worth It?
Replies: 30
Views: 2430

Re: Online MBA - Worth It?

Depends on where from. I would say an online for profit MBA is of marginal value. An MBA is basically a business degree for people who already have another degree. What differentiates some programs are the participants, the interactive experience and networking opportunities. I'm not sure what gett...
by KandT
Tue Nov 12, 2019 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Online MBA - Worth It?
Replies: 30
Views: 2430

Re: Online MBA - Worth It?

Watty wrote: Tue Nov 12, 2019 11:36 pm What college degree do you already have?
Marketing major and a logistics minor. I have been in medical sales my whole career.
by KandT
Tue Nov 12, 2019 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Online MBA - Worth It?
Replies: 30
Views: 2430

Online MBA - Worth It?

My industry is about dried up. I rode it to the end because the money was good (medical sales). I dont enjoy it at all anymore. Career changes in your 40's are tough but I have always had a huge passion/fascination with sustainable energy. Started when I watched a waterwheel as a kid. I would like t...
by KandT
Sat Nov 09, 2019 12:03 am
Forum: Personal Consumer Issues
Topic: Was I ripped off at the car dealership?
Replies: 73
Views: 7213

Re: Was I ripped off at the car dealership?

There are "service" trades that are looking to make a quick buck, they have to meet their overhead or they are out of business. They aren't discriminating, if they can take you for extra money, they will. It's caveat emptor or buyer beware, I've seen this time and time again, the last time this hap...
by KandT
Sat Nov 09, 2019 12:00 am
Forum: Personal Consumer Issues
Topic: Was I ripped off at the car dealership?
Replies: 73
Views: 7213

Re: Was I ripped off at the car dealership?

Please dont be hard on yourself. You are an expert in your field and felt they were an expert in their's. Maybe the gasket did need replaced and it's too late now to know so dwelling on it only increases the price of this interaction. So what can you do moving forward? Ask everyone you know if they ...
by KandT
Fri Nov 01, 2019 10:00 pm
Forum: Personal Investments
Topic: Do You Discount Your Retirement Number In Bull Markets
Replies: 25
Views: 2706

Do You Discount Your Retirement Number In Bull Markets

Right now we are seeing some nice returns. When I punch my balances into a retirement calculator do they look artificially high because we are on a long bull run?

Do you reduce them to by say 20% to figure out a more realistic projection?

Thanks!
by KandT
Tue Oct 22, 2019 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Money - Surprising Low Fun Return
Replies: 58
Views: 6704

Re: Spending Money - Surprising Low Fun Return

Yooper16 wrote: Tue Oct 22, 2019 9:53 pm instead of stuff for you--try stuff for someone else.

We started with 2 now do 3 smallish scholarships to the local U (2k each) One of the best days of the year is when we meet the recipients at the fall banquet.
I like it! - You are right! :sharebeer
by KandT
Tue Oct 22, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Money - Surprising Low Fun Return
Replies: 58
Views: 6704

Re: Spending Money - Surprising Low Fun Return

instead of stuff for you--try stuff for someone else. We started with 2 now do 3 smallish scholarships to the local U (2k each) One of the best days of the year is when we meet the recipients at the fall banquet. So having accomplished a lot of my goals and realizing one day hopefully long from now...
by KandT
Tue Oct 22, 2019 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Money - Surprising Low Fun Return
Replies: 58
Views: 6704

Spending Money - Surprising Low Fun Return

So having accomplished a lot of my goals and realizing one day hopefully long from now I will exit this earth, I have decided to spend some of the money I have been saving. Of course, I left retirement alone and kids 529's but I had an emergency account that was swelling so I bought some "toys". May...
by KandT
Sun Oct 20, 2019 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle and Possible Retirement Job
Replies: 6
Views: 1283

Side Hustle and Possible Retirement Job

I posted about stump grinding and after reflecting on the group's thoughts, I decided you all were right and decided against it. My question is - Do you see anyone doing pretty well who is willing to work and either run equipment or clean out debris or possibly clean up estates? I have a compact tra...
by KandT
Sun Oct 06, 2019 7:19 am
Forum: Personal Finance (Not Investing)
Topic: What would you do? New to this stuff
Replies: 33
Views: 4505

Re: What would you do? New to this stuff

How much monthly are your student loans? Do you have any vehicle debt?
by KandT
Fri Oct 04, 2019 8:01 am
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 14080

Re: I pulled out... How do I get back in?

If you want to try market timing why not take $10K and take a swing at it - Not your retirement's future. Just be sure like every person I have ever talked to who goes to casinos. They either "break even" or they won. They never lose more than they planned too either. Sometimes I wonder how casinos ...
by KandT
Wed Oct 02, 2019 6:49 pm
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 14080

Re: I pulled out... How do I get back in?

No one can answer that but you. Some people would be cool putting all their money on "Red" in Vegas. Others want their money in the bank. Others ride believe in the long term growth of the economy so they buy and hold.

You have to decide what type of investor you are.
by KandT
Wed Sep 25, 2019 6:10 pm
Forum: Personal Consumer Issues
Topic: Stump Grinder - Ridiculous Side Hustle??
Replies: 51
Views: 8041

Re: Stump Grinder - Ridiculous Side Hustle??

Thanks to all that contributed your thoughts. It seems in my area getting people to actually work is tough. I also live in a nice town surrounded by LCOL areas. I got to know a paver and he told me they increase their prices (as do most workers) in my area because they know they can get away with it...
by KandT
Mon Sep 23, 2019 8:19 pm
Forum: Personal Consumer Issues
Topic: Stump Grinder - Ridiculous Side Hustle??
Replies: 51
Views: 8041

Re: Stump Grinder - Ridiculous Side Hustle??

OP Here. I appreciate and read every single reply. I love all the thought that was put into the replies. Just a couple thoughts on some things I read: 1). There definitely is better equipment to do this job but a large capital outlay to do it. I am not willing to tie up that money. This ends up bein...
by KandT
Sun Sep 22, 2019 2:53 pm
Forum: Personal Consumer Issues
Topic: Stump Grinder - Ridiculous Side Hustle??
Replies: 51
Views: 8041

Stump Grinder - Ridiculous Side Hustle??

I have been enjoying clearing some trees from my 3 acre lot. I grew up running a chainsaw so easy trees to cut down are no problem. I hired someone for the dangerous ones. I noticed that it is rare that the tree feller has a stump solution. I have a 32 HP Kubota Tractor, and an F250 diesel truck. I ...
by KandT
Sat Sep 14, 2019 7:52 am
Forum: Personal Finance (Not Investing)
Topic: The Best Financial Advice I Ever Got
Replies: 8
Views: 3436

Re: The Best Financial Advice I Ever Got

I suspect that he was merely providing an example of how you should be consistent and not fear ups and down in the market. Don't sweat it.

I don't think he was being quite as literal as many people are taking it.

Cheers! :D
by KandT
Wed Sep 11, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: Negotiating on this Specific Truck
Replies: 20
Views: 2353

Re: Negotiating on this Specific Truck

I have a friend who use to sell new cars. Unless next years models were out his initial offer was 25% OFF MSRP. "That was out the door." His goal was 18 to 20 percent out the door. He claimed he was usually successful but it too time . One thing I have always found to be 100% true when buying a veh...
by KandT
Mon Sep 09, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Negotiating on this Specific Truck
Replies: 20
Views: 2353

Re: Negotiating on this Specific Truck

For what it is worth, I thought I would post my results. Shopping on the internet is great but getting inside and test driving is another. I went with an F250 Diesel crewcab. They were not as heavily discounted off sticker as the F150's OR their stickers aren't jacked up and then discounted like the...
by KandT
Thu Aug 29, 2019 7:58 pm
Forum: Personal Consumer Issues
Topic: Negotiating on this Specific Truck
Replies: 20
Views: 2353

Negotiating on this Specific Truck

Thanks Boglehead Community! Paying cash for this and no debt as an aside. How do I figure out a reasonable offer for this truck? https://www.courtesyforddirect.com/new/Ford/2019-Ford-F-150-for-sale-altoona-pa-47a6f8a80a0e0ae847bd028f8e436004.htm?searchDepth=27:63 I am willing to buy this truck but I...
by KandT
Fri Aug 02, 2019 10:58 pm
Forum: Personal Consumer Issues
Topic: Older used car with low miles or newer used car with higher miles
Replies: 37
Views: 2702

Re: Older used car with low miles or newer used car with higher miles

A person like you will be fine either way. You are disciplined and detailed. What I would propose is that you may be better off putting the last two years of research and test driving cars into another way to increase your income. It sounds like if you added up all the hours and effort you could hav...
by KandT
Wed Jul 24, 2019 11:04 pm
Forum: Personal Investments
Topic: 529 - Wrapping up 100K
Replies: 3
Views: 1016

529 - Wrapping up 100K

I have a 13 year old that I have $98,000 in a 529 all in the S&P. I am thinking of adding the final $2000 to make it an even $100,000 and getting it safe. I am unsophisticated with bonds but would like to keep pace with inflation. The 529's are in Nevada's plan with Vanguard, of course. :D What shou...
by KandT
Sun Jul 21, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining the magic of compound interest to teenagers
Replies: 107
Views: 7129

Re: Explaining the magic of compound interest to teenagers

IN my opinion the challenge is for kids to believe there is a 45 year old version of themselves that they will be one day. It is tough to imagine at 20 that you will one day be 65.
by KandT
Sun Jul 21, 2019 6:29 am
Forum: Personal Investments
Topic: Edward Jones trap
Replies: 91
Views: 16133

Re: Edward Jones trap

Another one. for stay out of it unless you want her to comment on areas of your life that need improving. I know it is tough but no way to win on this one.
by KandT
Sun Jul 21, 2019 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Explaining the magic of compound interest to teenagers
Replies: 107
Views: 7129

Re: Explaining the magic of compound interest to teenagers

My parenting advice to my boys is that they will have a relationship with money. Someone has to be in charge - Make no mistake one of you will be in charge. Either you will tell the money what to do (investing, saving, buying with cash, retire young with lots of youth left) or the money will be in c...
by KandT
Sun Jul 21, 2019 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Buy a new car now or wait: what's the math say?
Replies: 57
Views: 6078

Re: Buy a new car now or wait: what's the math say?

UPDATE: Went and drove a bunch of cars today. She likes the X3 the best. At least give a Tesla a test drive. The "worries" about a Tesla are because of not understanding the technology. We have had our Model 3 dual motor for 5000 miles with 0 problems. We need 0 oil changes. My wife has needed to s...
by KandT
Sat Jul 13, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

Well it seems to me to be in part a financial decision that is why you want to lowball down at 80k for a 110k RV. Otherwise you would just pay it and go out and set it up make your campfire and chat with the other RVers. Thank you - You make a good point and I will reconsider my purchase based on y...
by KandT
Sat Jul 13, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

Time of year is the best lever you have to purchase. If you can buy in January it’s best, as long as you have a solid dealer and a warranty for the systems. It’s hard to test A/C in January. We purchased a year ago January, negotiating over internet and drove two days to pick it up. Great price, ne...
by KandT
Sat Jul 13, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

If you spent $200 night on a hotel room in the same areas you would take an RV you could have 500 nights of hotels before you hit $100,000. For $200 you could get the best hotel rooms. Most likely free breakfast also. No RV equals no gas costs, parking problems, dump your toilet, upkeep, maintainen...
by KandT
Sat Jul 13, 2019 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

Thanks all - I do want to buy used. Happy to buy used from a dealer or an individual.
by KandT
Sat Jul 13, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

Damn, now you have me wanting one -- https://www.rvtrader.com/listing/2019-Winnebago-TRAVATO-59K-5008072931 :sharebeer I look at that list of features and see a giant list of complexity and things that will break and be expensive to repair. And probably fail while on the road in some remote area. S...
by KandT
Fri Jul 12, 2019 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

Used is the way to go. Lots of these are bought, barely or never used, then sold in near new condition for health reasons. Forget the dealers. Go to RVtrader.com. I think that is what I will end up doing but summer isn't the time to buy! People have them listed well above average retail. I think I ...
by KandT
Fri Jul 12, 2019 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

retire2022 wrote: Fri Jul 12, 2019 10:17 pm Scammers on Craigslist list watch out, also heating systems, plumbing system could be damaged from freezing temperatures if not properly winterized.

Lots of risks.
I try to avoid craigslist on all matters - especially an RV
by KandT
Fri Jul 12, 2019 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

+1 on buying used. My understanding is that these depreciate heavily and quickly. There's a good reason that they tend to depreciate quickly: they often fall apart just that fast. Most RVs are very poorly made. Roof leaks are usually one of the first headaches. OP, I'd strongly urge you to have the...
by KandT
Fri Jul 12, 2019 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Re: Negotiating on an RV

Sandtrap wrote: Fri Jul 12, 2019 9:17 pm Used RV. Private seller?
j
This one is at a dealer.
by KandT
Fri Jul 12, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2640

Negotiating on an RV

We have all our debt paid off and want to have some fun. I am trying real hard to limit my losses (yes I know this ridiculous from a financial perspective). Anyone know the best way to negotiate on a used RV? We should be coming into the time that dealers should want to dump them before winter. I am...
by KandT
Fri Jul 12, 2019 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Paying cash for a vehicle
Replies: 87
Views: 12169

Re: Paying cash for a vehicle

Some dealers these days offer lifetime powertrain warranties, which you can only get buying new. And financing is not an issue. As another poster mentioned, sometimes you have to finance to get the best overall price. Then if your interest rate is low enough, you actually get paid to finance. Honda...
by KandT
Sat Jun 29, 2019 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 174
Views: 16866

Re: Am I doing well financially?

You are OK but dude C'mon. you have an MBA. You dont have your goals listed. How can anyone say if you are going to meet your goals when you dont have any listed? You want to be rich? What's the number you call rich? You have a goal issue and in my opinion a spending issue but if your goal is to liv...
by KandT
Mon Jun 24, 2019 11:38 pm
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 220
Views: 11735

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

I paid off my house when I was 36 banked the former payment and bought my next house cash. Now worth about 2+ million in my mid 40's. I dont know if that was right or wrong but most of the people that dispense financial advice to me aren't worth as much as me at this age. You can talk about what-if...
by KandT
Mon Jun 24, 2019 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 145
Views: 14877

Re: How did you lower your annual expenses?

First I had a REAL SENSE OF URGENCY. I mean this with 100% respect because I commend you for taking some steps to improve your financial situation. You tracked your expenses for a year and are now asking how to reduce them? This should have taken at most 1 month but probably a week to figure this ou...
by KandT
Sat Jun 22, 2019 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire in 1 year at 53
Replies: 54
Views: 10453

Re: Can I retire in 1 year at 53

I love these threads. +1. "I have $73M and our expenses are $20K per year. I'm 62...can I retire anonymous forum of people who know only this financial tidbit about me?" And then are always a few that say if you just worked a few more years then........blah blah blah. Go do what you enjoy OP!
by KandT
Sat Jun 22, 2019 7:52 pm
Forum: Personal Consumer Issues
Topic: How do you approach tipping at carry-out restaurants
Replies: 111
Views: 9136

Re: How do you approach tipping at carry-out restaurants

When I carry out two bags of food for $100 and the restaurant expects me to tip the employee? Now this is where the restaurant has somehow wormed this into societal norms. They dont pay their employee enough so I am suppose to make up the difference? Personally, I would like to see the employee paid...
by KandT
Thu Jun 20, 2019 10:20 pm
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 220
Views: 11735

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

I paid off my house when I was 36 banked the former payment and bought my next house cash. Now worth about 2+ million in my mid 40's. I dont know if that was right or wrong but most of the people that dispense financial advice to me aren't worth as much as me at this age. You can talk about what-ifs...