Search found 649 matches

by Beehave
Sun May 24, 2020 9:47 pm
Forum: Personal Investments
Topic: Superfund 529 plan right now?
Replies: 11
Views: 1015

Re: Superfund 529 plan right now?

Just regarding dyslexia - - from family experience and general observation: What seems insurmountable and impossible in elementary school can get better. Many dyslexic people learn coping skills and develop ways to compensate. One of the skills is learning to cooperate and team or learn to "trade" t...
by Beehave
Sun May 24, 2020 9:26 pm
Forum: Personal Investments
Topic: Managing an Inheritance
Replies: 3
Views: 375

Re: Managing an Inheritance

My suggestions - - I'm neither an accountant nor lawyer so check carefully before acting. The inherited individual stocks presumably have "stepped up" in terms of base cost, so selling them should have little or no cap gains income. It's probably best to sell them and purchase a total stock market E...
by Beehave
Sun May 24, 2020 3:51 pm
Forum: Personal Investments
Topic: Start adding bonds - best approach?
Replies: 15
Views: 824

Re: Start adding bonds - best approach?

A couple of things perhaps worth thinking about. If you have avoided bonds in the past, it could be that something like the Vanguard Balanced Index which 60/40 would be easier to tolerate than a pure bond fund. It would self-adjust, so you could simply regularly contribute and not focus on performan...
by Beehave
Sun May 24, 2020 2:18 pm
Forum: Investing - Theory, News & General
Topic: Can Taleb's risk mitigation strategy be implemented by retail investors (if so how)?
Replies: 26
Views: 1704

Re: Can Taleb's risk mitigation strategy be implemented by retail investors (if so how)?

Probably not, at least according to them there's something proprietary going on there that did better than competing strategies: https://www.institutionalinvestor.com/article/b1l3mc0vs25szy/If-You-Used-This-Hedging-Strategy-You-d-Be-Sleeping-at-Night-Right-Now ...In March, the Standard & Poor’s 500...
by Beehave
Sun May 24, 2020 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Approaching 40, worried about financial future
Replies: 78
Views: 7323

Re: Approaching 40, worried about financial future

First and foremost: Focus on keeping your job skills up-to-date. Do not allow yourself to become a dinosaur. Be proactive in supporting (being involved in) changes your management makes or considers. Help with the planning. Help with documenting the new procedures in a way that optimizes operation o...
by Beehave
Fri May 22, 2020 10:00 am
Forum: Personal Consumer Issues
Topic: Potential relocation, how concerned should I be with a 4/10 school?
Replies: 32
Views: 2445

Re: Potential relocation, how concerned should I be with a 4/10 school?

I'd be concerned about the school rating, but it would not necessarily be a show-stopper. If there is bullying and if the cohort of children wanting intellectual stimulation is cowed or if the staff is stretched too thin by other cohorts to serve those students well, then that is a major problem. Bu...
by Beehave
Thu May 21, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute
Replies: 36
Views: 1248

Re: Car or Train? Plus, Used Car (Make/Model/Year) Recommendations for Long Commute

If you can sit on a train and read or relax it's a worthwhile benefit over driving. If the trains are crowded, the appeal of the train commute wears thinner (my experience, and that doesn't even include Covid-19 issues). If you want an inexpensive reliable car, find a used Corolla that was manufactu...
by Beehave
Wed May 20, 2020 9:31 pm
Forum: Personal Investments
Topic: Suggested Portfolio from Vanguard PAS
Replies: 16
Views: 888

Re: Suggested Portfolio from Vanguard PAS

At age 27 it is okay to go 100% stocks if you really want to. I'm curious whether you told the advisor you want 100% stocks and this was the resultant recommendation, or if it was their suggestion, perhaps based on your filling out a risk tolerance form? Regardless, I'd suggest something different. ...
by Beehave
Tue May 19, 2020 11:48 am
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 32
Views: 2173

Re: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s

Your care for your parents is admirable. My basic suggestions would be to just make sure there are no changes to the Edward Jones account holdings or fee structures without your being consulted and giving your okay. I am concerned that the pruning accident could be indicative that you already have a...
by Beehave
Tue May 19, 2020 11:24 am
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 102
Views: 8692

Re: Why no love for REITs?

Many Reits are unfortunately managed by incompetent managers with high salaries. This describes many non-Reit companies as well. My dad always said that companies succeed in spite of their best efforts to screw things up. I thought it was a joke until I started working full time in a career. I like...
by Beehave
Tue May 19, 2020 10:36 am
Forum: Personal Investments
Topic: Advice on Mom's retirement accounts
Replies: 14
Views: 961

Re: Advice on Mom's retirement accounts

The $160K IRA should cover 20 months of care at $8k per month. Do you have documentation that the care she receives is medically needed? If properly documented, you should be able to use the IRA funds with very low tax implications. I agree with the post above suggesting not complicating things. Bet...
by Beehave
Sat May 16, 2020 2:15 pm
Forum: Personal Investments
Topic: Newbie - Asset Allocation Feedback wanted
Replies: 6
Views: 327

Re: Newbie - Asset Allocation Feedback wanted

I have zero expertise on the taxation and retirement savings implications of your situation. Having said that, here are my thoughts. In your situation, under current circumstances, I think having a batch of cash is a very good idea. If you decide you want to head back to Canada or Australia at some ...
by Beehave
Fri May 15, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home - low ball negotiation
Replies: 145
Views: 12001

Re: Selling home - low ball negotiation

Just a general suggestion. Let the potential buyers know you want them to have this house for their growing family and let them know you want to work with them to the best of your ability and needs to come up with a solution that will provide them with the excellent schools and neighborhood (I assum...
by Beehave
Wed May 13, 2020 5:53 pm
Forum: Personal Consumer Issues
Topic: Peloton Treadmill: Anyone here own one..,,
Replies: 59
Views: 4686

Re: Peloton Treadmill: Anyone here own one..,,

Treadmill or bike? That is the question... I would love the bike but my postmenopausal wife read that bike and spine classes do nothing to prevent osteoporosis. Apparently you need axial loading like walking or running. Biking and swimming are great exercise. However, for bone health, weight bearin...
by Beehave
Mon May 11, 2020 5:56 pm
Forum: Personal Investments
Topic: What to do with $40k cash?
Replies: 13
Views: 1766

Re: What to do with $40k cash?

I did not understand the implications of the "pension" part or the "max Contribution" part of your post. So 1st, is the "pension" some form of 403b or cash-balance plan? Or are you working toward a lifetime defined benefit which will provide you with guaranteed monthly income from retirement through...
by Beehave
Sat May 09, 2020 8:21 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 12994

Re: Will "work from home" destroy the commercial real estate market?

I suspect some of the bloom will come off of the WFH rose. Increasing numbers of people will fall into bad habits over time (one extreme or the other - - for some overwork because it becomes omnipresent and for others underwork because distractions become the norm). As more workers fall into one of ...
by Beehave
Sat May 09, 2020 7:57 am
Forum: Investing - Theory, News & General
Topic: "The economy is in free fall. So why isn't the stock market?"
Replies: 153
Views: 15194

Re: WSJ - Why is the Stock Market Rallying When the Economy is So Bad?

Two possible additional considerations: 1. Not every business is doing poorly - - some are thriving, so there is churn and turnover (people shedding value to buy growth, and then bottom-fishers seeking to find bargains buying what they dump) 2. Fear of future inflation - acquire tangible assets now ...
by Beehave
Wed May 06, 2020 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Trying To Determine Monthly SS Increase After FRA
Replies: 6
Views: 594

Re: Trying To Determine Monthly SS Increase After FRA

Things have changed since I had detailed info. However, in the past it operated as you suggest. If FRA was 66 and benefit at FRA was 3000 per month, the 8% increase would be $240 for the year which then translates to a fixed $20 per month for each month's delay for each of the 48 months until age 70...
by Beehave
Wed May 06, 2020 7:35 am
Forum: Personal Finance (Not Investing)
Topic: "Glide Path" for asset allocation
Replies: 26
Views: 1799

Re: "Glide Path" for asset allocation

A steady glide path will alleviate some of the temptation to market time. It will also, I think, help protect from sequence of risk - - where the market tanks near in to retirement but before you've glided down. In addition, consider strongly ways of securing guaranteed monthly income that minimizes...
by Beehave
Wed May 06, 2020 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Buying Home - How Near Parents?
Replies: 30
Views: 2994

Re: Buying Home - How Near Parents?

Assigned schools and lots of good choices of friends for children matter. A lot. If that's 40 minutes away from parents, that's not huge. They'll probably be happy to come by on spec just in case they may be needed. And you can trade emergency coverage with a neighbor with children too. Find a nice ...
by Beehave
Wed May 06, 2020 5:26 am
Forum: Investing - Theory, News & General
Topic: All my friends are outperforming index funds
Replies: 122
Views: 11141

Re: All my friends are outperforming index funds

Are you investing to beat your friends, or are you investing to accomplish your personal goals? Keep your eye on the prize! I would think that investing in index funds in a boring way is the safest and surest route to reach your destination. +1 Exactly When you invest in individual stocks you run m...
by Beehave
Mon May 04, 2020 7:26 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation Based on Asset Amount
Replies: 14
Views: 841

Re: Asset Allocation Based on Asset Amount

The strategy seems prudent. Some suggestions: 1. Based on comments, it looks as if the 80/20 and 60/40 levels discussed are bond and stocks. Over the last 20 years, according to Sunday NY Times article (5/3/20) bonds performed roughly equivalently with stocks over the last 20 years. Perhaps that spe...
by Beehave
Wed Apr 29, 2020 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire?
Replies: 22
Views: 2175

Re: Can I retire?

Retiring removes a major source of social interaction. Before retiring make sure you have some plan for feeling engaged - - hobby, volunteering, part-time work, etc.

Best wishes.
by Beehave
Tue Apr 28, 2020 12:44 pm
Forum: Personal Consumer Issues
Topic: Hilton Vs Marriott
Replies: 16
Views: 1273

Re: Hilton Vs Marriott

I think that many Hilton properties overseas are better located for business access rather for than tourism. So if there's overseas personal travel, I suspect Marriott may be a bit more useful, but it would be a good idea to check depending on locations planned. I used to travel a lot, staying mostl...
by Beehave
Sun Apr 26, 2020 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Payoff house and quit good-paying job?
Replies: 112
Views: 8073

Re: Payoff house and quit good-paying job?

Stress at work comes from various components. Many of the most significant of these stress/annoyance factors are equal or worse-to-much-worse in low-paying jobs than high-paying (especially including undesirable management and possibly undesirable co-workers and clients as well). Low paying position...
by Beehave
Sat Apr 25, 2020 8:56 am
Forum: Personal Investments
Topic: Rethinking annuities with a strong portfolio
Replies: 30
Views: 1362

Re: Rethinking annuities with a strong portfolio

And now for something completely different... Strong portfolio, and a strong plan here. Wife and I are big fans of three legged stool approach: SS, pension, portfolio withdrawals. However, no pension for either of us. Using two single premium annuities to create a pension for us. Using the Variable...
by Beehave
Fri Apr 24, 2020 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Expert Consultant: $110 / hr??
Replies: 70
Views: 6429

Re: Expert Consultant: $110 / hr??

Read carefully any request for non-disclosure or confidentiality. Yeah, and don't offer up information on your current employer either. +1 Be careful! What is being disclosed to you? What are you disclosing? Who owns any intellectual property created? And what will that ownership of any alleged int...
by Beehave
Thu Apr 23, 2020 1:39 pm
Forum: Personal Investments
Topic: Traditional vs Roth Given Current Gov't Spending?
Replies: 4
Views: 494

Re: Traditional vs Roth Given Current Gov't Spending?

someone has got to pay for all that. I think there is no such thing as a "sure thing" in either politics or economics, let alone the two combined. +1 I'd suggest staying diversified relative to taxes. The current set of knowns leads to the idea that there will be problems in the future which have n...
by Beehave
Mon Apr 20, 2020 9:35 pm
Forum: Personal Investments
Topic: How can I "buy into oil" at these prices?
Replies: 57
Views: 5699

Re: How can I "buy into oil" at these prices?

Maybe stock in Exxon or Shell? Exxon is paying about an 8% dividend and it looks like they're trying to maintain their "dividend aristocrat" status, so it appears they will try hard to maintain that dividend. Exxon is not profitable now, but it still appears to be maintaining the dividend anyway. If...
by Beehave
Fri Apr 17, 2020 4:58 pm
Forum: Investing - Theory, News & General
Topic: VMMXX Vanguard Prime MM Fund
Replies: 15
Views: 3217

Re: VMMXX Vanguard Prime MM Fund

I'm hoping Prime MM remains as good as it was 2008-9. Back then, the quarterly statements from Vanguard said (my parphrasing) "we outperformed because we held none of those toxic collateralized mortgage bundles." Another major money market fund from a company whose name you would know sent a quarter...
by Beehave
Fri Apr 17, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7428

Re: Retirees: what are you doing with all the home equity?

I'm retired and believe in holding diverse assets. When it comes to debt-as-an-asset, I'd rather own stocks of companies that owe money than to owe money myself. I'd rather let the managers of the diverse companies I "own" via my holding of broad index funds do the heavy lifting of figuring out how ...
by Beehave
Fri Apr 17, 2020 5:47 am
Forum: Personal Investments
Topic: North American Oil - Should I buy?
Replies: 31
Views: 1936

Re: North American Oil - Should I buy?

The trend towards electric vehicles seems inexorable. That is a big negative for these companies in the long run. So there's that. In the interim, it is not far-fetched to think there could be some geopolitical event that could drastically cut output from, say, Iran and/or Saudi Arabia. In that case...
by Beehave
Thu Apr 16, 2020 12:15 pm
Forum: Personal Investments
Topic: I'm 20 and started a job, questions about savings
Replies: 9
Views: 820

Re: I'm 20 and started a job, questions about savings

I do not have anything like the detailed tax strategies and understanding exhibited in posts above. But I do have general advice about both taxes and career. We can have no idea of what the tax policies will be in over the lifespan of today's 20 year olds. So in general, making sure to get max match...
by Beehave
Sat Apr 11, 2020 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Who else is working longer hours from home with frozen/reduced compensation?
Replies: 26
Views: 3115

Re: Who else is working longer hours from home with frozen/reduced compensation?

I'm retired, teaching part-time at a community college for very low wages. I spent very large amount of unpaid time/effort to convert my curriculum from classroom-to-online. Personally, I look at it this way. I have students who are not "showing up" online and have been unable to contact. I have stu...
by Beehave
Sun Apr 05, 2020 9:06 am
Forum: Investing - Theory, News & General
Topic: Almost retired: rebalancing options
Replies: 3
Views: 408

Re: Almost retired: rebalancing options

Unless expecting it to cause a near-term cash shortage, I'd rebalance back to 40-60. Statistics indicate that you and/or you spouse may well live into your 90s or beyond. You'll need growth in assets to live happily then. No one know for sure - - my personal feeling, for what it's worth, is that for...
by Beehave
Sun Apr 05, 2020 8:50 am
Forum: Investing - Theory, News & General
Topic: Adjusting the 3-Fund Portfolio
Replies: 2
Views: 294

Re: Adjusting the 3-Fund Portfolio

I would think of this not initially or primarily as an allocation issue, but rather an "is there enough bond/cash" to ride out the storm without having to dump stocks possibly at the worst possible moment?" kind of question. I'd take a look at the actual reasonably conceivable range of medical cost ...
by Beehave
Wed Apr 01, 2020 8:30 am
Forum: Investing - Theory, News & General
Topic: The end of cruise ships [cruise line stock prices]
Replies: 246
Views: 26074

Re: The end of cruise ships

I cruise somewhat reluctantly (ahem, DW) and I own a some cruise-line stock. I agree that a bailout of the industry makes no sense at this time. The ships will still be there if the companies crater and have to reorganize, so I see no priority in a cruise-industry bailout. (self-edited to remove ex...
by Beehave
Sun Mar 29, 2020 8:46 am
Forum: Investing - Theory, News & General
Topic: The end of cruise ships [cruise line stock prices]
Replies: 246
Views: 26074

Re: The end of cruise ships

There will be a number of industries with their hands out, expecting government bailouts, airlines and oil are already lobbying for help. For the foreseeable future (and I hope it is short), large gatherings are going to be frowned upon, if not prohibited. You know things are getting panicky when s...
by Beehave
Fri Mar 20, 2020 4:03 pm
Forum: Personal Investments
Topic: Take SS Now?
Replies: 14
Views: 1011

Re: Take SS Now?

It’s one thing to hold off collecting SS to maximize it’s payout. It’s a totally different thing if waiting causes one to eliminate any financial cushion. Having adequate emergency funds is important, particularly now as we face an unknowable crisis. What if you get hit with unexpected and uncovere...
by Beehave
Fri Mar 20, 2020 8:43 am
Forum: Personal Investments
Topic: How can I get to my "sleep at night " allocation ?
Replies: 24
Views: 1756

Re: How can I get to my "sleep at night " allocation ?

I'd suggest carefully reviewing your original rationale for the 60-40 allocation. For example, given a monthly income foundation of Social Security and pension, were stocks part of the house you built on that foundation not for income but for growth to protect against: - inflation (including hyper-i...
by Beehave
Thu Mar 19, 2020 4:36 pm
Forum: Personal Investments
Topic: Unprepared for Potential Great Depression Part 2
Replies: 244
Views: 22811

Re: Unprepared for Potential Great Depression Part 2

In response to the numerous "I wish I had sold near the recent top and in fact I kind of knew I should" posts at the beginning of this string: The usual recommendation, and best one, is to set an asset allocation that meets your emotional and financial risk tolerance and then rebalance to that targe...
by Beehave
Mon Mar 16, 2020 1:08 pm
Forum: Personal Investments
Topic: Using target date fund in three fund portfolio?
Replies: 3
Views: 141

Re: Using target date fund in three fund portfolio?

If you like the asset allocation in the target fund, it's fine. However, the asset allocation will change over time, especially as it approaches the target date (this is true of the various target date funds I've looked at from various providers). If you'd prefer a fixed allocation over time, see if...
by Beehave
Sat Feb 22, 2020 1:11 pm
Forum: Personal Consumer Issues
Topic: Used car purchase - now dreading it
Replies: 117
Views: 8287

Re: Used car purchase - now dreading it

Yes, unfortunately this is part of buying a used car. You're already going to do the ozone treatment, good. You can also run a can of "AC mildew remover" spray through your air conditioning ducts & vents. Search amazon. This will stink for a couple weeks but if the smell comes of the AC system this...
by Beehave
Wed Feb 19, 2020 8:32 am
Forum: Personal Consumer Issues
Topic: Perform own oil change pros & cons?
Replies: 224
Views: 11120

Re: Perform own oil change pros & cons?

In the summer I used to go camping and really load the car up with gear. I'd use 4 quarts of Castrol 0W-50 full synthetic and 1 quart of Castrol straight 30W non-synthetic when changing the oil before leaving. I felt you could drive that car through Hades and it would do just fine with that blend. ...
by Beehave
Tue Feb 18, 2020 9:50 pm
Forum: Personal Consumer Issues
Topic: Perform own oil change pros & cons?
Replies: 224
Views: 11120

Re: Perform own oil change pros & cons?

I did it for years. I had ramps but preferred just reaching under to do the job. I felt it was safer. I suppose the possibility of reaching under may depend on the car. Where I live now the dealer does $49.99 full synthetic with tire rotation (always seem to be dealer coupons) so I do not miss chang...
by Beehave
Tue Jan 28, 2020 8:00 pm
Forum: Personal Consumer Issues
Topic: Toy overload alternatives for grandparents
Replies: 104
Views: 5655

Re: Toy overload alternatives for grandparents

Our youngest daughter had this exact issue with her parents-in-law. No matter what she and her husband said, his parents could not control themselves.

If the grandparents simply won't stop, then do what my daughter and her DH did - - donate the toys to charity.
by Beehave
Tue Jan 28, 2020 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: $3 million the new rule of thumb?
Replies: 653
Views: 50647

Re: $3 million the new rule of thumb?

In 30 years, $120k may be the new $60k. The median family making $60K NOW doesn't need $120k NOW, but with inflation the median family may be earning $120k by the time they retire. So sure, that's probably a believable number with a few reasonable assumptions. Exactly - - and it may be sooner than ...
by Beehave
Mon Jan 27, 2020 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Tax implications & large cash gift for down payment?
Replies: 111
Views: 3051

Re: Tax implications & large cash gift for down payment?

Father-in-law should file the proper IRS gift form. It will go against his lifetime exemption. If he has been very generous with multiple children, perhaps it would be good to verify the lifetime limits have not been exceeded before embarking on this path. The mortgage issuer will probably want a wr...
by Beehave
Sun Jan 26, 2020 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Torn Between Aggressive Home Payoff or Investing
Replies: 67
Views: 6665

Re: Torn Between Aggressive Home Payoff or Investing

OP, Many of my peers made this kind of decision during the Telecom boom. They bought at a house at 3.5 times or greater of their gross income. They believed that their income could only go up. And, their future is bright with no possibility of cloudy days. Then, the Telecom bust happened. The lucki...
by Beehave
Sun Jan 26, 2020 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance Data
Replies: 71
Views: 3192

Re: Long Term Care Insurance Data

I've done what you are planning, starting when I was about your age. We looked at the then current LTC policies and just did not think they provided price or care guarantees that were right for us. So we commenced self-insuring in the way you describe. We contributed (stayed the course) through the ...