Search found 575 matches

by not4me
Mon Jun 17, 2019 5:56 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 78
Views: 3153

Re: What percentage of total portfolio in REIT's do you have? Why?

Physical R/E has been overvalued for some time and perhaps due to flatline. Not sure if a dip will be severe as in 2008. Likely not. More of a long stall. I'm not sure of the correlation from physical R/E to REIT's but perhaps during the next stall would be a good time. Certainly not a big dip. But...
by not4me
Mon Jun 17, 2019 4:52 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 78
Views: 3153

Re: What percentage of total portfolio in REIT's do you have? Why?

Physical R/E has been overvalued for some time and perhaps due to flatline. Not sure if a dip will be severe as in 2008. Likely not. More of a long stall. I'm not sure of the correlation from physical R/E to REIT's but perhaps during the next stall would be a good time. Certainly not a big dip. But...
by not4me
Mon Jun 17, 2019 3:11 pm
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why?
Replies: 78
Views: 3153

Re: What percentage of total portfolio in REIT's do you have? Why?

Physical R/E has been overvalued for some time and perhaps due to flatline. Not sure if a dip will be severe as in 2008. Likely not. More of a long stall. I'm not sure of the correlation from physical R/E to REIT's but perhaps during the next stall would be a good time. Certainly not a big dip. But...
by not4me
Fri Jun 14, 2019 2:48 pm
Forum: Personal Investments
Topic: DIY for UHNW
Replies: 41
Views: 2783

Re: DIY for UHNW

I think I would look into a "multi-family office" (MFO) to see if maybe that is a good solution. I researched the topic a little bit and it seems like https://www.northerntrust.com and https://www.bessemertrust.com have a great reputation. I’ll give them a call and see how I feel about it. This may...
by not4me
Thu Jun 06, 2019 3:53 pm
Forum: Investing - Theory, News & General
Topic: REIT yields and real estate cap rates
Replies: 16
Views: 853

Re: REIT yields and real estate cap rates

I wonder why REIT yields are not higher. Vanguard's site says the dividend yield of VNQ is 3.64%. At CBRE I see cap rates for different kinds of real estate as follows: 6.34% Industrial 7.50% Retail 5.26% Multifamily 7.97% Hotel 6.71% Office If a typical cap rate on real estate is 6% why can't the ...
by not4me
Wed Jun 05, 2019 3:02 pm
Forum: Personal Consumer Issues
Topic: Being given charity that I don't need
Replies: 45
Views: 3534

Re: Being given charity that I don't need

I only skimmed other posts & didn't see this specific & hope not a duplicate. perhaps next time tell the owner that since they've been so generous with you that you'd like to pay for a few other customers meals. Give an amount you'd feel comfortable with & let the owner select who the lucky recipien...
by not4me
Tue Jun 04, 2019 3:04 pm
Forum: Personal Investments
Topic: Buying farmland shares through AcreTrader
Replies: 10
Views: 955

Re: Buying farmland shares through AcreTrader

OP, I don't have any direct experience with this company, but did take a quick look at it. I didn't answer all my own questions as I found more than enough for me to pass it by. 1st, since this wasn't mentioned, it is currently only opened to accredited investors. That is usually a strong hint that ...
by not4me
Tue Jun 04, 2019 10:13 am
Forum: Investing - Theory, News & General
Topic: Using beta to prioritize stock sales?
Replies: 12
Views: 591

Re: Using beta to prioritize stock sales?

I multiplied the stock correlation by its standard deviation. How does this metric relate to beta? Thanks for the help Dave G. What is interesting (to me, anyway) is that the beta of the portfolio of stocks is 0.7. I would expect it's historical return to be lower than the market. Yet it's much hig...
by not4me
Tue Jun 04, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Is FEMA's flood coverage enough?
Replies: 7
Views: 698

Re: Is FEMA's flood coverage enough?

You might try looking at: https://www.insurance.com/buying-flood-insurance Also, there is a difference between flood & "Sewer backup". Lots of nuances in terms & coverages & so be sure you get what you think you are getting. Even if you buy flood insurance from a private company, I think it is subsi...
by not4me
Sat Jun 01, 2019 6:58 pm
Forum: Investing - Theory, News & General
Topic: Why is Tangible Book Value Dropping for US Stocks?
Replies: 26
Views: 1343

Re: Why is Tangible Book Value Dropping for US Stocks?

I think some are losing sight of the "net". I looked briefly at the 1st 2 in OP's list -- Microsoft & Apple. He said he used yahoo finance & it only shows the years he mentioned. But it isn't a matter of fewer tangible assets....because the debt is increasing more, the "net" is lower. In Apple's cas...
by not4me
Sat Jun 01, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: Why is Tangible Book Value Dropping for US Stocks?
Replies: 26
Views: 1343

Re: Why is Tangible Book Value Dropping for US Stocks?

I could obviously go on and on down the list but roughly half the companies in the top 30 holdings (which makes up a huge percentage of the total market) have been LOSING tangible book value over the last four years . What is going on? OP, would you mind sharing your source? Also, did you see a cha...
by not4me
Sat Jun 01, 2019 3:21 pm
Forum: Investing - Theory, News & General
Topic: Why is Tangible Book Value Dropping for US Stocks?
Replies: 26
Views: 1343

Re: Why is Tangible Book Value Dropping for US Stocks?

I could obviously go on and on down the list but roughly half the companies in the top 30 holdings (which makes up a huge percentage of the total market) have been LOSING tangible book value over the last four years . What is going on? OP, would you mind sharing your source? Also, did you see a cha...
by not4me
Thu May 30, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: Private Equity - Separate asset class?
Replies: 7
Views: 844

Re: Private Equity - Separate asset class?

Upfront confession -- I didn't read the article nor review the list of ETFs -- so maybe about to say something misleading. I have wondered before about what opportunities there are & know the terminology can be also misleading. 1st, private companies are generally not owned by mutual funds or etfs. ...
by not4me
Wed May 29, 2019 3:50 pm
Forum: Personal Investments
Topic: How to evaluate the value of your property?
Replies: 12
Views: 933

Re: How to evaluate the value of your property?

Curious as to how you valued property a year ago when you bought it? Can you not use same/similar approach to see what you'd pay today?
by not4me
Wed May 29, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: Using beta to prioritize stock sales?
Replies: 12
Views: 591

Re: Using beta to prioritize stock sales?

I may have a little different take, but would really want more info. 1st, it sounds to me that you’re already clued in to approaches like tax loss harvesting, donating appreciated shares, etc & are past those & ready to decide how (not if) to sell. 2nd, I would layout what the real objectives are in...
by not4me
Tue May 28, 2019 12:39 pm
Forum: Investing - Theory, News & General
Topic: Closed End Funds
Replies: 12
Views: 1159

Re: Closed End Funds

To expand a bit on CEF vs ETF...while some similarities, there are key differences. Not to be picky, but also want to watch the distinction between ETFs & ETNs. Broadly speaking, the CEF is almost expected to have leverage while the ETF won't. That amplifies gains AND losses. The "active manager" of...
by not4me
Tue May 28, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: "Soft" question on student loans
Replies: 72
Views: 3039

Re: "Soft" question on student loans

So my question to the BH community is this: Am I 100% wrong on this ? It seems that so many people want to "snowplow parent" their kid through college. I just don't think that's a good idea. Or are there a lot of parents like me? I just don't notice them because the subject never comes up? And plea...
by not4me
Tue May 28, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Home sale (Estate)
Replies: 33
Views: 1412

Re: Home sale (Estate)

Agree with all who say not enough info, executor decides, etc. But, in case OP is asking for perspective, I'd say realize a couple of things. Depending upon the condition of the entry steps (for example), "someone" may have to spend some $. I don't recall right off hearing of any house sale where th...
by not4me
Tue May 28, 2019 11:47 am
Forum: Personal Investments
Topic: CD - EF Strategy
Replies: 13
Views: 726

Re: CD - EF Strategy

I would suggest that you not base your decision on projected $ difference. Ladder strategies are fine, but perform differently when rates are rising, stable, coming down. The $240 difference is based on a snapshot that may change the next day. It is also pre-tax. Have you considered doing something ...
by not4me
Mon May 20, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: Recycling Different Plastics
Replies: 63
Views: 3332

Re: Recycling Different Plastics

This AP story has appeared in several places, but in case some missed it I thought I'd share the link as it gives one view on some of the discussion in this thread:
https://www.apnews.com/3d3d86a09b9647b795295e77355877db
by not4me
Fri May 17, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Land Appraisal
Replies: 20
Views: 1322

Re: Cost of Land Appraisal

1st & most obvious question: if you are only wanting a cost basis, have you checked with executor of estate? Many cases they have to do one & you’d likely be well served to match that. You said “recently” inherited – the appraiser should be able to give you something back to date of death & is part...
by not4me
Thu May 16, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Stock Options?
Replies: 11
Views: 700

Re: Stock Options?

I’ll approach a bit differently. 1st, consider the job. Is it what the applicant wants? Settling for? This will come across to some as idealistic, but best choice is to find a “job” that you’d do for free. People/place you like; job content challenging & well prepare you for advancing in your field?...
by not4me
Thu May 16, 2019 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Land Appraisal
Replies: 20
Views: 1322

Re: Cost of Land Appraisal

Sounds high to me also, but lots of unknowns that could affect. As others mentioned, wait until you hear from the others you sent it to. 1st & most obvious question: if you are only wanting a cost basis, have you checked with executor of estate? Many cases they have to do one & you’d likely be well ...
by not4me
Tue May 14, 2019 7:33 am
Forum: Personal Investments
Topic: refusing inheritance
Replies: 45
Views: 5024

Re: refusing inheritance

This will come down to the state law of the deceased & how the assets are passed. It sounds as if they have a will, but the will may be silent on certain assets for which they've named him beneficiary. For example, IRA? Maybe a Transfer-on-death? Life insurance? Real estate out of state? Lots of pos...
by not4me
Tue May 14, 2019 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Inherited ranch
Replies: 97
Views: 7898

Re: Inherited ranch

Wow, thanks for all the responses. The family split thing? You can pick your friends,but you're stuck with family. Yep, it's the brokest part of the family that wants it, yes they're relying on sentimentality, yes they feel entitled, no its not a ranch I was using one word to describe 400 acres of ...
by not4me
Mon May 13, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Do you know of anyone who has used this tax saving strategy?
Replies: 28
Views: 3547

Re: Do you know of anyone who has used this tax saving strategy?

That is correct that a year must pass after the transfer. There are certain risks such as attachment of the transferred assets by creditors or the property not being devised back to you for some reason. Gill Gill, no beef with your assessment, but am curious as to how this gets handled if the year ...
by not4me
Mon May 13, 2019 2:19 pm
Forum: Personal Investments
Topic: why not high yield and closed end muni funds?
Replies: 16
Views: 1370

Re: why not high yield and closed end muni funds?

I think I lost sight of the question if there is one. Admittedly, I haven’t read every post, but unsure what a specific point is. Much of what I saw was general to investing in bonds. I’d have an easier time trying to compare a specific option. There are differences brought on by closed end funds, a...
by not4me
Mon May 13, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited ranch
Replies: 97
Views: 7898

Re: Inherited ranch

This is the 2nd mention I’ve seen of this in this thread. I’m also curious about the tradition. I have heard of situations that might seem similar. For example, 3 kids – 2 have moved away &/or don’t “farm” (ranch, whatever) & the other stays behind & gradually takes over. When time comes, the farmin...
by not4me
Mon May 13, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Inherited ranch
Replies: 97
Views: 7898

Re: Inherited ranch

OP, 1st sorry for loss of parents – these situations are tough at best. All situations are different, but have similarities. I’ll share an approach that I know worked in 1 case. To a degree, the amount of money isn’t the issue – it is the emotions. On the other hand, the amount of money may be more ...
by not4me
Sat May 11, 2019 2:04 pm
Forum: Personal Investments
Topic: Evaluating Pension Options
Replies: 16
Views: 736

Re: Evaluating Pension Options

My thoughts are largely along lines already expressed. Start with net present value, then consider the items specific to you (not the pension viability). Those are mostly covered already, but probably a few need to be added (such as possibility as impact of possibly filing for spousal benefits, etc)...
by not4me
Sat May 11, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: Best way to kill poison ivy
Replies: 43
Views: 2259

Re: Best way to kill poison ivy

I keep on top of it by pulling out any baby plants as soon as I see them. They mostly come in our yard via bird droppings below our oak tree. But I pull them out by hand at the root, one of the easiest plants to pull ever, if I have a plastic glove or otherwise I wrap it with a loose oak leaf and p...
by not4me
Sat May 11, 2019 11:42 am
Forum: Personal Consumer Issues
Topic: Hiring a contractor to cut down some trees....what should I be aware of?
Replies: 89
Views: 5136

Re: Hiring a contractor to cut down some trees....what should I be aware of?

Are ash trees typically expensive to cut down? Come to find out, the fourth tree that died is an ash tree. When the one guy came out, he noticed it was dying. It hasn't bloomed yet and seems to be dead. The guy that quoted 1400 for the three trees said the ONE ash tree would cost 1400. Does this so...
by not4me
Fri May 10, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Selling house- am I being charged twice for the same thing??
Replies: 5
Views: 1345

Re: Selling house- am I being charged twice for the same thing??

OP, sounds like you don't have a lot of experience selling a house...just a quick comment. If there is anything you feel uncomfortable about, ask the realtor/lawyer/paid pro involved. They shouldn't mind explaining any legit expense
by not4me
Fri May 10, 2019 4:18 pm
Forum: Personal Consumer Issues
Topic: Recycling Different Plastics
Replies: 63
Views: 3332

Re: Recycling Different Plastics

I try to recycle as much as I can. However, the new slogan in many towns is "When in doubt, Throw it out." Some towns will not accept plastic egg containers and other plastics even though the number in the triangle indicates it should be recycled. Interesting. I am inclined to take the opposite app...
by not4me
Fri May 10, 2019 4:12 pm
Forum: Personal Consumer Issues
Topic: Hiring a contractor to cut down some trees....what should I be aware of?
Replies: 89
Views: 5136

Re: Hiring a contractor to cut down some trees....what should I be aware of?

Is workman's comp not required if the business owner(s) work on the job themselves and this means there is no coverage if there is an injury? Not sure who's "requirement" you are referring to. I think the potential impact to you varies to a degree based on local law. Even in best case scenario, if ...
by not4me
Fri May 10, 2019 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Vacant Lake Lot. Sell or Hold?
Replies: 54
Views: 2994

Re: Vacant Lake Lot. Sell or Hold?

I don't have kids so there is nobody to pass the property to. It's mainly the principal of it all. Others have adequately helped lay out the quantification & I can't add to that. IMHO, all real estate is local & you have experience in knowing how active that local market is/has been. It is interest...
by not4me
Fri May 10, 2019 9:27 am
Forum: Personal Investments
Topic: Help with Unraveling Annuity from IRA
Replies: 7
Views: 915

Re: Help with Unraveling Annuity from IRA

I'm having a hard time understanding this & maybe some added discussion will make it clearer. It sounds as if your wife had a 401k at a previous employer & may have had both pre- & post- tax contributions (& yes at some points in the past it could be a mix). Did it then get moved from a 401K to an I...
by not4me
Fri May 10, 2019 9:12 am
Forum: Personal Investments
Topic: Selling RYPRX, buying VTSAX, harvesting tax loss in process?
Replies: 3
Views: 436

Re: Selling RYPRX, buying VTSAX, harvesting tax loss in process?

I expect your short term gain is because you re-invest distributions. You can turn that off if you decide to not sell yet & avoid having more shares in a short term gain/loss situation. You should be able to sell all but those shares and/or possibly sell them (separately?) near end of year after the...
by not4me
Fri May 10, 2019 8:59 am
Forum: Personal Investments
Topic: Brokered CDs - how to pick
Replies: 21
Views: 1801

Re: Brokered CDs - how to pick

If a brokered CD qualifies for FDIC (& I think there are some that don't?), I wouldn't be concerned about the institution itself. Other considerations? Depends on some of the other aspects of the relatives situation. What term of CD to buy? Make sense to ladder? If this is in taxable, would they be ...
by not4me
Tue May 07, 2019 2:09 pm
Forum: Personal Investments
Topic: Advice re: future inheritance & Parent's tIRA--should they convert to ROTH IRA?
Replies: 28
Views: 1594

Re: Advice re: future inheritance & Parent's tIRA--should they convert to ROTH IRA?

I haven't read every post, but there was one aspect I didn't see mentioned that you need to at least be aware of, although I don't think it changes the answer. Once you/sister inherit, that will be a non-spousal situation ( I think some posters haven't factored that in?) & you may need to watch the ...
by not4me
Wed Apr 24, 2019 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Found Stock Shares. Need Some Advice.
Replies: 3
Views: 532

Re: Found Stock Shares. Need Some Advice.

I also am not a lawyer, nor familiar with California law. I largely echo other poster, but would expand. If either FIL or MIL died without a will, that might have a real impact. Are you saying the living trust was created before FIL died? As a result of his death? after? I realize you said you were ...
by not4me
Wed Apr 24, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Selling individual stock.
Replies: 14
Views: 1404

Re: Selling individual stock.

You asked about cash flow: After retirement, but before SS and RMD and without touching investment accounts (except for the bit to pay off the mortgage) based upon the last 10 years my share of annual cash flow from farms and averages around 240k, ranging between $180k at the low end and around 300...
by not4me
Mon Apr 22, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Selling individual stock.
Replies: 14
Views: 1404

Re: Selling individual stock.

Let me be clear upfront that I’m not commenting on the wisdom of selling/keeping the individual stock. However, I would suggest it might be advisable to step back & look at a broader picture to determine the best use of the assets. This may also prompt you to think more as one fully retired – which ...
by not4me
Thu Apr 18, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Publicly traded Partnership vs Publicly traded Corporation ?
Replies: 4
Views: 325

Re: Publicly traded Partnership vs Publicly traded Corporation ?

This won’t be a really crisp answer, but I happened upon the thread & thought I’d throw out a couple of things. It really boils down to taxes; the situation changed with the major tax changes that took place starting last year. Publically Traded Partnerships are cousins to Master Limited partnership...
by not4me
Tue Apr 09, 2019 12:08 pm
Forum: Investing - Theory, News & General
Topic: Find out if QUALIFIED or NON QUALIFIED REIT stock
Replies: 14
Views: 791

Re: Find out if QUALIFIED or NON QUALIFIED REIT stock

You didn’t say why you had invested in a reit, but I assume it is due to the historical size of distribution. You might be well served to understand more of the underlying parts of reits & how they are taxed. Your case is actually a good case study to illustrate many of the points. But first underst...
by not4me
Tue Apr 02, 2019 12:42 pm
Forum: Investing - Theory, News & General
Topic: what makes an investment
Replies: 20
Views: 825

Re: what makes an investment

It is not an investment if you cannot see a return generated from cash flows. What about the reverse -- does a "return" from cash make something an investment? For stocks that is dividends, share buybacks or eventual takeover. That would (almost) say that you don't consider Berkshire Hathaway an in...
by not4me
Tue Apr 02, 2019 8:35 am
Forum: Personal Investments
Topic: Qualified Dividends - Treatment on 2018 1040 Form
Replies: 7
Views: 792

Re: Qualified Dividends - Treatment on 2018 1040 Form

I may be confused on what is being said, but isn't this be treated the same as taxes for 2017 (& before)? Is it just the extra scrutiny?
by not4me
Tue Apr 02, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: I don't understand stock buybacks
Replies: 89
Views: 4283

Re: I don't understand stock buybacks

I'm also confused by what happened to these 10 extra houses worth $1m. If the sole remaining homeowner chooses to burn them down, that's his fault, not his accountant's for suggesting buying them in lieu of distributing a dividend. I would concede I am not very creative and am not sure what I would...
by not4me
Mon Mar 25, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance of Trad IRA
Replies: 40
Views: 2193

Re: Inheritance of Trad IRA

I think there are 2 matters here -- OPs 2018 income tax as farmer & settling estate as separate matter. I don't know OPs situation, but I do know there are cases in which farmers need to (heavy paraphrase) "use or lose" some benefits. This gets too complicated for me too quickly, but there are cons...
by not4me
Mon Mar 25, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance of Trad IRA
Replies: 40
Views: 2193

Re: Inheritance of Trad IRA

I think there are 2 matters here -- OPs 2018 income tax as farmer & settling estate as separate matter. I don't know OPs situation, but I do know there are cases in which farmers need to (heavy paraphrase) "use or lose" some benefits. This gets too complicated for me too quickly, but there are consi...