Search found 147 matches

by Silver Bullet
Tue Jun 04, 2019 12:21 pm
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 62
Views: 7837

Re: Richmond, VA Area Local Chapter

Tonight is definitely off, sorry.
No reason people still can't gather, but someone else will have to coordinate this evening.
Sounds like 6/25 doesn't work for many people - so we'll look at a couple of other dates as well - to assure a good first showing.
Thanks all!
by Silver Bullet
Sun Jun 02, 2019 9:35 pm
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 62
Views: 7837

Re: Richmond, VA Area Local Chapter

Apologies for the late change, but I’ve had an emergency board meeting that has come up on June 4th and we’ll need to reschedule. New date is June 25th. Please let me know if you can attend. Thank you
by Silver Bullet
Fri May 17, 2019 11:49 am
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 62
Views: 7837

Re: Richmond, VA Area Local Chapter

We're already at 5 for the first meeting! The more the merrier!
by Silver Bullet
Thu May 16, 2019 11:16 pm
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 62
Views: 7837

Re: Richmond, VA Area Local Chapter

Ok everyone, Mel's going to post something up as well, but I'm going to take a stab and getting the Richmond Chapter resurrected. Here's my contact information: Jeff RVABogleHeads@gmail.com First gathering will be at Tazza Kitchen, Tuesday June 4th @ 5:00. https://www.tazzakitchen.com/location/short...
by Silver Bullet
Tue May 14, 2019 4:39 pm
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 62
Views: 7837

Re: Richmond, VA Area Local Chapter

I PM’d Mel. Happy to coordinate resurrecting this chapter. Details to follow.
by Silver Bullet
Mon Mar 04, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 4934

Re: Any liveaboards here?

I can highly recommend "Living A Dream", by Suzanne Giesemann. If you can't find it, send me a PM and I'll send/lend you my copy. DW encouraged me to follow my dream of full-time cruising and liveaboarding about 10 years ago. We bought a large trawler, learned to cruise but really never had the time...
by Silver Bullet
Thu Feb 28, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for advice in selling a business
Replies: 14
Views: 928

Re: Looking for advice in selling a business

Having just sold my business in the last few months - and now living through the angst of watching how a new owner runs it - here's my advice: Sell the business - all of it! Take it all in cash, no earn-out. If there's an earn-out component, increase the price so you can take advantage of future gro...
by Silver Bullet
Mon Feb 18, 2019 12:17 am
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 113
Views: 12775

Re: Mega Downsize....

Over the years we have focused on streamlining and simplicity. It is paying off and honestly never ending. The key to to reduce or stop unnecessary spending and waste on items that are simply not needed. Overall life is much easier and much more simple. I am focusing on the garage and will reduce m...
by Silver Bullet
Mon Feb 18, 2019 12:10 am
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 113
Views: 12775

Re: Mega Downsize....

That someone can have that amount of consumer goods that one cannot even give stuff away without consuming vast amounts of personal energy is quite disturbing to me. Consumerism of material goods to that quantity is mind boggling. How do people get to this point? Admittedly I am not a minimalist by...
by Silver Bullet
Sun Feb 17, 2019 1:27 am
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 113
Views: 12775

Re: Mega Downsize....

This is timely advice! I am in the same situation as you with all the stuff (8000sqft of storage full of stuff I used to call it toys and tools), not counting the all stuff in the house. At this point I still have not made the commitment(mostly courage) to downsize, trying to get to that stage. You...
by Silver Bullet
Sat Feb 16, 2019 2:33 am
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 113
Views: 12775

Re: Mega Downsize....

Thought I’d take a moment to update this thread.... DW and I have taken major steps to begin the downsize. Our current house has been massively emptied of no longer relevant “stuff” which has either been donated or thrown out. Garages are significantly empty except the autos and a couple of toys and...
by Silver Bullet
Fri Jan 25, 2019 12:13 am
Forum: Personal Consumer Issues
Topic: Boarding School advice
Replies: 11
Views: 1664

Boarding School advice

DW and I have a teenage daughter that is interested in attending boarding school for the last 3 years of high school. She's a good student and pretty mature for her young age. That said, she thrives in smaller classes and we feel she'll have a better chance of developing her own identity in this typ...
by Silver Bullet
Sat Jan 12, 2019 7:05 pm
Forum: Personal Investments
Topic: Where to invest cash to retire tomorrow?
Replies: 27
Views: 4446

Re: Where to invest cash to retire tomorrow?

Thought I’d bring this thread back to the top for an update. Recently closed on selling the business. One of the most gut wrenching experiences of my life. 6 months of accounts, lawyers and investment bankers left a bad taste. That said, business is now theirs and we’re FI. Sale price ended up being...
by Silver Bullet
Mon Dec 24, 2018 9:52 am
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 62
Views: 7837

Re: Richmond, VA Area Local Chapter

I’m in Short Pump. Happy to help coordinating a group get together. Let’s see if others chime in.
by Silver Bullet
Tue Nov 27, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: So that's why 2-day shipping isn't what I expected!
Replies: 41
Views: 5100

Re: So that's why 2-day shipping isn't what I expected!

Happy Prime customer here. Sure, they occasionally miss delivery dates, but I get mobile alerts notifying me when the item ships (almost always the same day). I found it ironic that the article states "dozens of customers commented..." Dozens?! I'm a heavy user of Prime and consider it a value added...
by Silver Bullet
Tue Nov 27, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: Networth to buy a dual turboprop aircraft?
Replies: 72
Views: 9495

Re: Networth to buy a dual turboprop aircraft?

I’m a big fan of fractional (Wheels Up/NetJets, etc.), but it still doesn’t make a lot of financial sense. We’ve used one of the above for the last couple of years. Buy an air card with 100 hours and have the plane at your immediate becon. 2 certified pilots and still room for 8 passengers (KA350 or...
by Silver Bullet
Wed Nov 21, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: How to confirm an adviser is a fiduciary?
Replies: 6
Views: 673

Re: How to confirm an adviser is a fiduciary?

retiredjg wrote:
Wed Nov 21, 2018 10:59 am
Have you been reading Rick Ferri's posts lately?
I have not. Do you have a link? Thank you!
by Silver Bullet
Wed Nov 21, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: How to confirm an adviser is a fiduciary?
Replies: 6
Views: 673

Re: How to confirm an adviser is a fiduciary?

Edit: Found a site that enables searching to see if your adviser is an Accredited Investment Fiduciary (AIF). https://www.fi360.com/app/designee/search Not certain if this is the universal search database, so if anyone knows of another, please let me know. The adviser in question is not listed on th...
by Silver Bullet
Wed Nov 21, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: How to confirm an adviser is a fiduciary?
Replies: 6
Views: 673

Re: How to confirm an adviser is a fiduciary?

To quote one of my favorite lines: https://m.youtube.com/watch?v=Y6lfG2Ity9c Bottom line, I’m not suspicious of anything other than the fact that he has a lot of churn of individual stocks. Not many funds (as a percentage of his account). One man shop. He hangs his credentials with a small regional ...
by Silver Bullet
Wed Nov 21, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Genworth LTC Insurance Viability
Replies: 7
Views: 933

Re: Genworth LTC Insurance Viability

As stated above, while they may "go under", your policy will remain in effect and be covered by the Commonwealth of Virginia. Insurers pay into a state fund to cover this - in case it happens. Also as mentioned, the likelihood is that you'll be priced out of your policy. State regulators approved an...
by Silver Bullet
Wed Nov 21, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: How to confirm an adviser is a fiduciary?
Replies: 6
Views: 673

How to confirm an adviser is a fiduciary?

Is there a way to check to see if a financial adviser is a fiduciary? Yes, I realize one could just "ask", but I'm of the opinion to "trust by verify". I've looked up a couple of advisers I know on FINRA and the SEC websites. They both show their credentials, exams, etc. but the sites don't state wh...
by Silver Bullet
Tue Nov 20, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: If Markets Move on the Unexpected, What Gives Now?
Replies: 6
Views: 782

Re: If Markets Move on the Unexpected, What Gives Now?

rasta wrote:
Tue Nov 20, 2018 4:57 pm
markets are driven by greed and fear.
+ 1
by Silver Bullet
Mon Nov 19, 2018 6:47 pm
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15815

Re: Black Friday 2018

I'm not looking for much this year. With my dominant hand/arm stuck in a cast for an anticipated 3+ months and some uncertainty of my 2018 tax bill, I am laying low. I am mostly segregating my 1 January 2019 Roth contribution and waiting until I figure out a decent tax bill estimate. Waiting to see...
by Silver Bullet
Tue Oct 30, 2018 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial lease to federal gov’t
Replies: 7
Views: 748

Re: Commercial lease to federal gov’t

Maintenance responsibility (full service) Termination clauses (already stated and agreeable) Renewal options (already stated, but I’d like to give them a more favorable rate for extended lease) Purchase options (hasn’t been brought up. Does GSA typically want a purchase option?) Tax payments. (Incl...
by Silver Bullet
Tue Oct 30, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial lease to federal gov’t
Replies: 7
Views: 748

Re: Commercial lease to federal gov’t

dm200 wrote:
Tue Oct 30, 2018 5:07 pm
I think I might engage someone with experience in federal contracts to assist you.
That’s what I’m doing. See above post. :sharebeer
by Silver Bullet
Tue Oct 30, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial lease to federal gov’t
Replies: 7
Views: 748

Re: Commercial lease to federal gov’t

Thanks - that's very helpful! Any specific "gotchas"or areas where you think there's flexibility to negotiate? I guess more specifically, does GSA negotiate these or do they submit them and it's a "take it or leave it"? I'm happy to discuss via pm, phone or email if you don't feel comfortable postin...
by Silver Bullet
Tue Oct 30, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial lease to federal gov’t
Replies: 7
Views: 748

Commercial lease to federal gov’t

I have a piece of commercial property that a federal agency has approached us to lease short term (less than a year). GSA is involved and I’m trying to become educated on how to structure a short term tenant like this, in hopes that they’ll stay long term. Good news is that they need it now and we’r...
by Silver Bullet
Sat Oct 27, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Vehicle recommendations for long commutes in CO mountains
Replies: 72
Views: 4920

Re: Vehicle recommendations for long commutes in CO mountains

Tacoma. And they hold their resale very well.
by Silver Bullet
Mon Oct 22, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: House has major repair issues right after buying... options
Replies: 27
Views: 2363

Re: House has major repair issues right after buying... options

Hopefully they're first floor showers!
I agree with dm200's comments about the contractor who did the renovation. There may some recourse there.
by Silver Bullet
Mon Oct 22, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: House has major repair issues right after buying... options
Replies: 27
Views: 2363

Re: House has major repair issues right after buying... options

I'm guessing you had an inspection done, but the inspector didn't pick up on this. Any chance you purchased a homeowners warranty policy? My guess is that there is really no recourse - although I'd definitely discuss with the flippers and see if they'd do the right thing and offer to help with fixin...
by Silver Bullet
Fri Oct 19, 2018 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?
Replies: 53
Views: 5175

Re: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?

There is a lot of misinformation in this thread. PTO is different than vacation. Vacation is paid out while PTO is not. There may be slight differences depending on locality but this is how is works in most locales. It definitely depends upon the state/commonwealth. Virginia relies upon the contrac...
by Silver Bullet
Fri Oct 19, 2018 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?
Replies: 53
Views: 5175

Re: Give 1 Week Notice: Can Employer Retaliate by Not Paying Vacation?

I was brought on as a temp and got converted to perm staff recently. That conversion was just a memo, no official contract... How recently did you begin? Have you actually accrued any vacation time? Our company policy (we're in an "at-will" state) doesn't allow for paid leave to be paid at terminat...
by Silver Bullet
Fri Oct 19, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Replace roof or wait .... and
Replies: 14
Views: 987

Re: Replace roof or wait .... and

What's the likely sales price of the home? My initial inclination would be to paint and re-roof the house (if indeed it needs new shingles), but do not go with the top of the line shingles. If you are going to sell the house in a year, the mid-range shingles will still be in great shape and look go...
by Silver Bullet
Fri Oct 19, 2018 8:32 am
Forum: Personal Consumer Issues
Topic: Most economical high-quality car wash
Replies: 13
Views: 1539

Re: Most economical high-quality car wash

I'm a clean car nut and almost always wash/wax them myself. There are times when it's cold or I'm traveling that I can't take the time for a full proper wash. In those cases, I'll typically run through a brushless car wash. I keep 2-3 quality microfiber towels and a bottle of Speed Shine in the trun...
by Silver Bullet
Fri Oct 19, 2018 8:19 am
Forum: Personal Consumer Issues
Topic: Replace roof or wait .... and
Replies: 14
Views: 987

Re: Replace roof or wait .... and

Thanks all. I have a couple of real estate friends that sell most of the homes in the area. Both say that putting the new roof on will help it sell faster because of curb appeal and a new roof warranty. It's a big, expensive job. As questioned above, there's a lot of intricate roof (sprawling ranche...
by Silver Bullet
Fri Oct 19, 2018 6:22 am
Forum: Personal Consumer Issues
Topic: Replace roof or wait .... and
Replies: 14
Views: 987

Replace roof or wait .... and

Our home is 36 years old and has had cedar shakes the entire period. We've had them replaced, cleaned, waxed, etc. over the years, but it's time for a new roof. Home is well maintained, but needs an exterior facelift and paint job. Decided on CertainTeed Grand Manor, which will run about $50,000 ins...
by Silver Bullet
Thu Oct 18, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Where would you go for financial guidance if you win the Megamillions?
Replies: 188
Views: 17481

Re: Where would you go for financial guidance if you win the Megamillions?

Don't bother with small change. Skip this Friday and play for 3 commas next week. Victoria My winnings would never make it to 3 commas, so I'm playing now. :D Ticket would go into a double trust to avoid (not eliminate) identity. Outside of that, not much would change. DW has always wanted cows, so...
by Silver Bullet
Mon Oct 08, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 5001

Re: Sellers remorse - selling business

SilverBullet - If you have decided to sell, I think that is the right call for the reason you gave in one of your 2017 posts: Selling the business will probably add years to her [DW] life - and that's very important to our family. (I think I'm getting to my answer talking through this!). I can alwa...
by Silver Bullet
Sun Oct 07, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 5001

Re: Sellers remorse - selling business

Thanks for everyone's thoughtful opinions. I've been on both sides of enough deals to know that we'll pull the trigger and get this one done. It would be expensive and stupid to not close this transaction. All the hard work is done (negotiating, audits, etc) and we're down to pulling together Schedu...
by Silver Bullet
Sat Oct 06, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 5001

Re: Sellers remorse - selling business

OP you need to go back and look at your very first post on this forum and read that thread again. Ha! Yeah, I read that last night before posting. It's actually one of the things that sparked this post. A year later, valuations have continued to grow and DW has scaled back from the business. Good r...
by Silver Bullet
Sat Oct 06, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 5001

Re: Sellers remorse - selling business

You can sell and pocket the money and start the next episode after 2 years...everybody happy. Well, to read too much into the OP's situation, it sounds like the wife would like him to not work. I know my mother was annoyed my father picked up a part-time job 6 months after retirement and would grum...
by Silver Bullet
Fri Oct 05, 2018 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 5001

Re: Sellers remorse - selling business

I was faced with a similar situation a number of years ago. 1. Imagine . . . 2-5 years from now . . . thinking that you "should have" sold and retired earlier. 2. The business will always be worth more . . . so when do you stop? 3. It may not happen right away. But, as time goes by there comes the ...
by Silver Bullet
Fri Oct 05, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 5001

Re: Sellers remorse - selling business

I definitely can’t control the economy, nor unforeseen health issues, no doubt about it! Those two together might increase the risk of declining value to 20-25% (or more), which isn’t insignificant. Maybe I just suck it up, do my non-compete time for a few years and then consider jumping back in to ...
by Silver Bullet
Fri Oct 05, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Sellers remorse - selling business
Replies: 44
Views: 5001

Sellers remorse - selling business

After owning our business for many years, DW and I are close to signing on the dotted line to sell our business. It’s a significant, life changing, “won the game” transaction. Low 8 figure range. That said, I’m getting cold feet. Business is great, profits are at an all time high and we’re building ...
by Silver Bullet
Thu Sep 20, 2018 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: LLC for Consulting and minimizing personal liability
Replies: 2
Views: 391

Re: LLC for Consulting and minimizing personal liability

"Through my research we have developed and patented a new technology.." Reading through your post, this phrase stood out. Specifically, who is "we" and who owns the patent? You or the healthcare system/your employer? Generally, employment agreements have standard language asserting the employers rig...
by Silver Bullet
Thu Sep 13, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2301

Re: 401k "advice" to my associates

OP here. Thank you all for the thoughtful recommendations. It's hard to convey "tone" online, but I'm pretty easy going when it comes to most conversations with associates - this one included. That was my thought process behind soft serving up some "retirement, savings, financial independence" type ...
by Silver Bullet
Wed Sep 12, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Vacation to San Francisco, Yosemite, Sequoia
Replies: 32
Views: 1624

Re: Vacation to San Francisco, Yosemite, Sequoia

Have any friends that work at Google?
https://www.tripsavvy.com/googleplex-th ... ew-2993763

My daughter (14) just took a class trip this spring that mirrored yours, but they added a day tour at Google. Yosemite and Google we’re the highlights of their 10 days.
by Silver Bullet
Wed Sep 12, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2301

Re: 401k "advice" to my associates

Keep your messages simple. They know how to google and find info on the web when the time comes Just make is clear that you encourage everyone to participate and make sure they understand how it works. Points I'd make in your shoes: 1) surprised that participation in the plan is a low as it is, and...
by Silver Bullet
Wed Sep 12, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2301

Re: 401k "advice" to my associates

I've beat these ideas around with my executive team for years. Bottom line, you can lead a horse to water.....yada yada I love the idea of us (employer) just putting money into their 401k plans - we've actually tried that a couple of times - but then you have a few that haven't gone through the pape...
by Silver Bullet
Wed Sep 12, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: 401k "advice" to my associates
Replies: 51
Views: 2301

Re: 401k "advice" to my associates

HEDGEFUNDIE wrote:
Wed Sep 12, 2018 3:29 pm
Are you sure you have the full story? They could have student loan or credit card debt to pay down.
No, I'm positive I don't have the full story!