Search found 56 matches

by CryingHawaiian
Thu Oct 08, 2020 2:33 am
Forum: Personal Investments
Topic: When to start investing
Replies: 13
Views: 1008

Re: When to start investing

I know everybody tells you that if you stay out of the market you lose money and that in the long run the market will go up anyways correct but now it is so overvalued and there are some uncertain times ahead (elections, pandemic...). Nobody here can predict with 100% certainty what will happen in ...
by CryingHawaiian
Tue Aug 11, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2394
Views: 545047

Re: Share your net worth progression

1/1/09: -$210K (started working this year) 1/1/10: -$120K 1/1/11: -$35K 1/1/12: $150K 1/1/13: $300K 1/1/14: $510K 1/1/15: $670K 1/1/16: $740K 1/1/17: $1.1M 1/1/18: $1.2M 1/1/19: $1.4M 1/1/20: $1.8M 8/11/20: $2.4M Have been FI in my mind for a while, but just now starting to feel rich. Wow ! Are the...
by CryingHawaiian
Fri Aug 07, 2020 9:26 pm
Forum: Personal Investments
Topic: Please advise on Cash Inheritance
Replies: 28
Views: 1794

Re: Please advise on Cash Inheritance

Taxes, upkeep, repairs of the new home will be coming from current Rental Income from 3 Rental properties in California 5,500/month. Unless her spouse's income is substantial I'm not understanding how this couple is paying for a $1.2MM house on $66K of rental income a year. Spending all $1.6MM to u...
by CryingHawaiian
Thu Aug 06, 2020 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: 401k company match income tax exemption in Hawaii?
Replies: 8
Views: 684

Re: 401k company match income tax exemption in Hawaii?

interesting... didn't know about this, but then again won't need to know about it for 30+ years...

page 14 of this...
https://files.hawaii.gov/tax/forms/2019/n11ins.pdf

looks like you would need to calculate it yourself with schedule J
https://files.hawaii.gov/tax/forms/2019/schj_i.pdf
by CryingHawaiian
Wed Apr 29, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: PPP Loan ethics
Replies: 56
Views: 4014

Re: PPP Loan ethics

You are not likely to get it anyway if you haven't applied already. People who have applied on the very first day it was rolled out are still waiting, and could end up not getting. Don't worry about it if you haven't applied.You have income, don't need it, can't get it, so moot point. My applicatio...
by CryingHawaiian
Thu Mar 26, 2020 11:16 am
Forum: Personal Investments
Topic: Trade Execution for Mutual Funds
Replies: 3
Views: 221

Trade Execution for Mutual Funds

On 3/24 after market close I decided to re-shift some things around with some mutual funds I had at Schwab. I submitted a series of sell and buy orders where I sold off 5 mutual funds while repurchasing two generic total market US equity and international equity funds. After market close yesterday, ...
by CryingHawaiian
Sun Mar 22, 2020 10:26 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 528
Views: 50124

Re: The Calm Post - Stay the course thread.

CryingHawaiian wrote: Wed Mar 18, 2020 3:36 am Futures poised for another bad day tomorrow. I just don't care anymore :beer
Futures poised for another really bad day tomorrow. I'm beginning to care... in the sense that I need to purchase more equities to maintain my pre-determined asset allocation. :beer
by CryingHawaiian
Sun Mar 22, 2020 10:05 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 366
Views: 28110

Re: So what are you cooking

Grandma is 95 years old and lived through the Great Depression and the attacks on Pearl Harbor while being in Hawaii. She passed on her war-time cooking skills so this week has been a steady mix of spam fried rice, corned beef hash, frozen/canned vegetables. Don't knock it till you've tried it. :beer
by CryingHawaiian
Wed Mar 18, 2020 10:05 pm
Forum: Personal Investments
Topic: I guess 100% stocks is right for me
Replies: 53
Views: 4252

Re: I guess 100% stocks is right for me

Been seeing a lot of threads of people panicking, selling, asking if it’s all over etc. I’m down only 30k (on a 105k portfolio). Safe to say with my taxable and Roth I am 97% stocks and 3% bonds, and to be honest, the recent sell offs have only been enticing for me to buy more. I am only 29 years o...
by CryingHawaiian
Wed Mar 18, 2020 3:36 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 528
Views: 50124

Re: The Calm Post - Stay the course thread.

Futures poised for another bad day tomorrow. I just don't care anymore :beer
by CryingHawaiian
Thu Mar 12, 2020 8:40 pm
Forum: Personal Investments
Topic: Capitulation
Replies: 59
Views: 5443

Re: The Pineapple Tree Lesson

I had 340k-350k a few weeks ago and now I'm busted down to 260k. I'm 88/12 at 45 years old and really had no fear of my allocation being a problem. I am seriously considering drawing a hard line at 250k and going into VBTLX. I never thought I'd even contemplate capitulation, but these market moveme...
by CryingHawaiian
Thu Mar 12, 2020 4:19 am
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 366
Views: 32924

Re: How much you lost/gain since Feb 20,2020 ?

down $170K on a $70K salary, i think i'll have a drink or two tonight :sharebeer
by CryingHawaiian
Wed Mar 11, 2020 5:22 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199220

Re: Bogleheads community discussion - Coronavirus

The supply chain is especially fragile with meds or ingredients for meds coming from China, and China threatening to cut off medical supplies. BTW, do you think the Chinese will give us access to their coronavirus vaccine when they get one? China is sending a significant amount of medical equipment...
by CryingHawaiian
Sat Feb 29, 2020 7:14 pm
Forum: Personal Investments
Topic: I bet the house. [Rebalanced portfolio to a 10/90 asset allocation]
Replies: 255
Views: 10301

Re: I bet the house.

Some people market time out of greed. Some want to beat the market. Some want to make money fast. I'm a former daytrader and really closer to the latter. (Single, no obligations, no kids, restless.) This actually explains a lot thank you for sharing your background and potential biases. To be hones...
by CryingHawaiian
Wed Feb 12, 2020 6:47 pm
Forum: Investing - Theory, News & General
Topic: Simple rule for allocation between Traditional vs Roth
Replies: 20
Views: 1908

Re: Simple rule for allocation between Traditional vs Roth

This is very unclear from the quote. I'm 35. That means 55% to traditional and 45% to Roth. My wife and I save more than $26,667 (12,000 divided by 45%). So what do we do? The quote says nothing about how to choose, Roth or Traditional. We're in the 22% bracket, have access to a 401k, two IRAs, and...
by CryingHawaiian
Wed Feb 12, 2020 6:36 pm
Forum: Investing - Theory, News & General
Topic: Simple rule for allocation between Traditional vs Roth
Replies: 20
Views: 1908

Re: Simple rule for allocation between Traditional vs Roth

This is very unclear from the quote. I'm 35. That means 55% to traditional and 45% to Roth. My wife and I save more than $26,667 (12,000 divided by 45%). So what do we do? The quote says nothing about how to choose, Roth or Traditional. We're in the 22% bracket, have access to a 401k, two IRAs, and...
by CryingHawaiian
Mon Feb 10, 2020 5:28 pm
Forum: Personal Investments
Topic: Question on ETF vs MF
Replies: 5
Views: 353

Re: Question on ETF vs MF

I thought about it, but I have some large cap stocks that Ive had for awhile. Have you heard of or considered transferring in-kind? https://www.bogleheads.org/forum/viewtopic.php?t=155673 If the large cap stocks you're talking about are in a ROTH IRA, you can either transfer in-kind or even liquida...
by CryingHawaiian
Thu Jan 23, 2020 4:35 am
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 275
Views: 29922

Re: Biggest Investment Mistake

I still consider myself young, but have already made some pretty enormous mistakes before turning 30. 1. For my first 4 working years I maxed out Roth IRA contributions but all other savings were held in a checking account. I thought it was pretty neat watching the numbers finally hit 6 digits. :sho...
by CryingHawaiian
Thu Jan 02, 2020 5:13 pm
Forum: Investing - Theory, News & General
Topic: So now stocks only return 3% over time?
Replies: 95
Views: 11636

Re: So now stocks only return 3% over time?

To understand why a 'conservative' 4% real growth rate can be quite useful even if you actually expect much higher growth, consider the last three years. In 2017, my 90/10 portfolio grew by about 23%, declined by -8.5% in 2018, then rose again by 26% in 2019. So over a three-year span, my portfolio...
by CryingHawaiian
Fri Dec 27, 2019 8:57 pm
Forum: Personal Consumer Issues
Topic: Recommended physical fitness websites/books/apps?
Replies: 83
Views: 7120

Re: Recommended physical fitness websites/books/apps?

I would imagine the bogleheads approach to fitness would be something along the lines of cheap/affordable and not time intensive. Encourage you to google the 7-minute workout. 30 second high interval training with 10 second breaks. If you can actually stick to it and can push yourself, you truly onl...
by CryingHawaiian
Thu Dec 26, 2019 8:56 pm
Forum: Personal Investments
Topic: Age 62 - just lost job - seeking advice
Replies: 110
Views: 12336

Re: Age 62 - just lost job - seeking advice

I agree his withdrawal rate is unsustainable but nowhere did he say his expenses were actually $4700? I only count $1950 in fixed expenses (thanks Herekittykitty), leaving $1350 in room for other expenses. In a LCOL like FL they can easily downsize to that level of spending, if they chose to. If no...
by CryingHawaiian
Thu Dec 26, 2019 7:56 pm
Forum: Personal Investments
Topic: Age 62 - just lost job - seeking advice
Replies: 110
Views: 12336

Re: Age 62 - just lost job - seeking advice

So, according to the article, the average retiree in 2016 had $538,000 in financial assets, and was spending $3,800 month. The OP has less financial assets and spends more each month, and is not yet 65 years old. Median total assets among retirees also grew substantially, from $151,000 in 1989, to ...
by CryingHawaiian
Thu Dec 26, 2019 7:34 pm
Forum: Personal Investments
Topic: Age 62 - just lost job - seeking advice
Replies: 110
Views: 12336

Re: Age 62 - just lost job - seeking advice

His 401k: Fidelity S&P 500 $6,000 VG IRA (His?): $100,000 Total Bond $53,000 International Bond $52,000 International Stock $10,000 Total Stock IRA (His?): Gold Stocks $23,000 TD Ameritrade IRA (His?): Cash $50,000 TOTAL IRA'S: OP Lists this as $330,000. I get $288,000 (pencil & paper). Are...
by CryingHawaiian
Thu Dec 26, 2019 7:03 pm
Forum: Personal Investments
Topic: Age 62 - just lost job - seeking advice
Replies: 110
Views: 12336

Re: Age 62 - just lost job - seeking advice

Hey everybody, guess what the median net worth of an American retiree is? https://www.stlouisfed.org/publications/regional-economist/second-quarter-2019/wealth-retired-households About exactly the OP’s net worth. All this “emergency” talk says less about the OP and more about how out of touch the p...
by CryingHawaiian
Thu Dec 26, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: Kauai in July questions, condo, hotel, etc
Replies: 8
Views: 1145

Re: Kauai in July questions, condo, hotel, etc

It's funny you're posting this now since Kauai was just hit by torrential downpours yesterday. Hanalei bridge was closed although I'm not sure if they've reopned it yet. Rainy season in Hawaii will last until about mid-March, so maybe check back then? The one thing i would recommend doing is a boat ...
by CryingHawaiian
Thu Dec 26, 2019 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 371
Views: 57399

Re: Low-earners- What is your profession?

The US Department of Housing and Urban Development provides median household incomes for every county in the US: https://www.huduser.gov/portal/datasets/il/il2019/2019MedCalc.odn As a single income earner in honolulu, my compensation meets the qualifications for "low-income" which would al...
by CryingHawaiian
Tue Dec 24, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: 26 years old - How am I doing?
Replies: 40
Views: 4533

Re: 26 years old - How am I doing?

5K savings seems pretty low given you’re not paying rent. Not sure where the 1k per month is going to come from to pay rent. Unless this was factored in to your savings rate, this means you’re not doing that well. OP is still maxing out 401k, Roth IRA, and HSA contributions, so to say they're not &...
by CryingHawaiian
Mon Nov 11, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: "Beer Money" Methods
Replies: 54
Views: 7848

Re: "Beer Money" Methods

There seems to be a lot of tongue in cheek responses to this, ^^^ literally ^^^ and figuratively, which is surprising considering the lean towards frugality on these boards. For those questioning Bing rewards, it takes me ~90 seconds to do my daily searches, which averages out to around $10 per hour...
by CryingHawaiian
Wed Nov 06, 2019 11:43 pm
Forum: Personal Consumer Issues
Topic: "Beer Money" Methods
Replies: 54
Views: 7848

"Beer Money" Methods

Aside from credit card rewards and checking/savings account signup bonuses, are there any ways you accumulate small gifts/rewards with minimal effort? Example: With Bing Rewards, I redeem about $100 a year in Amazon gift cards from their Rewards program for using bing.com to do 30 internet searches ...
by CryingHawaiian
Fri Nov 01, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 661
Views: 94102

Re: Flaunt Your High-Mileage Car

96 camry. 48k miles ;)
by CryingHawaiian
Fri Oct 25, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: First Republic Bank doesn’t have physical coins
Replies: 76
Views: 5971

Re: First Republic Bank doesn’t have physical coins

Over the years, in doing balancing and auditing, I have often found that pennies are your friend! For example, a balancing discrepancy of, say, $0.03 - could actually be an error of $99,97 in one direction and three cents in another. Slightly off topic - I believe the US should: 1. Eliminate the pe...
by CryingHawaiian
Thu Oct 24, 2019 1:45 pm
Forum: Personal Investments
Topic: 29 Year Old with Low Income, HCOL, Large LTCG
Replies: 12
Views: 1722

Re: 29 Year Old with Low Income, HCOL, Large LTCG

Paypal (11%), IBM (7%), and eBay (4%). It's funny you ask because i just checked today and my answer would have been different yesterday (PayPal is up 8% as of last check while eBay is down 9%). That (eBay down 9%) could be an excellent opportunity to do some tax-loss harvesting and put those proce...
by CryingHawaiian
Thu Oct 24, 2019 1:20 pm
Forum: Personal Investments
Topic: 29 Year Old with Low Income, HCOL, Large LTCG
Replies: 12
Views: 1722

Re: 29 Year Old with Low Income, HCOL, Large LTCG

Thank you all very much for the feedback and advice. My questions to you: What are the three positions? Why do you hold both the S&P 500 index fund and the Total Stock Market Fund in your taxable account? Paypal (11%), IBM (7%), and eBay (4%). It's funny you ask because i just checked today and ...
by CryingHawaiian
Thu Oct 24, 2019 1:18 am
Forum: Personal Investments
Topic: 29 Year Old with Low Income, HCOL, Large LTCG
Replies: 12
Views: 1722

29 Year Old with Low Income, HCOL, Large LTCG

Hi Bogleheads, I've posted a few questions over the past few years asking for help and the forums have been a wonderful source of help. I've used most of the advice but have been too hesitant and hands off to make some important financial moves that I'm convinced I need to make based on extensive fo...
by CryingHawaiian
Fri Sep 27, 2019 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: White Coat Investor: How to Live on $350k (Income) in Hawaii
Replies: 68
Views: 7795

Re: White Coat Investor: How to Live on $350k (Income) in Hawaii

WCI, As a 29 year old male living comfortably living in Honolulu on $62K a year while maxing out Roth IRA and 401k contributions, I say to your reader - Boo freaking hoo. I wonder if she has actually done anywhere close to due diligence on what it costs to live here or even made an attempt to evalu...
by CryingHawaiian
Fri Sep 27, 2019 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: White Coat Investor: How to Live on $350k (Income) in Hawaii
Replies: 68
Views: 7795

Re: White Coat Investor: How to Live on $350k (Income) in Hawaii

WCI, As a 29 year old male living comfortably living in Honolulu on $62K a year while maxing out Roth IRA and 401k contributions, I say to your reader - Boo freaking hoo. I wonder if she has actually done anywhere close to due diligence on what it costs to live here or even made an attempt to evalua...
by CryingHawaiian
Thu Jan 17, 2019 4:48 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 62831

Re: John Bogle has died at age 89

Thank you for everything Mr. Bogle
by CryingHawaiian
Thu Dec 27, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle? Passive Income?
Replies: 77
Views: 12694

Re: Side Hustle? Passive Income?

I’m a huge hockey fan and love playing. Decided to try refereeing for a season. Paid 50-60 per game in my area and there were numerous rinks within a 20 min drive from home. Ultimately I wanted my weekends back from screaming parents who think their child is the next Wayne Gretzky. Couldn’t pay me e...
by CryingHawaiian
Sat Dec 22, 2018 2:21 am
Forum: Personal Consumer Issues
Topic: MoviePass Update
Replies: 16
Views: 2000

Re: MoviePass Update

anonenigma wrote: Fri Dec 21, 2018 11:06 pm The decline in the stock value of HMNY (MoviePass's parent) has been precipitous - a $7.25 million award to a top exec is now worth under $50.
After the past few weeks of watching unrealized gains turn to unrealized losses, this is strangely comforting. Does that make me a jerk?
by CryingHawaiian
Sat Dec 22, 2018 1:42 am
Forum: Investing - Theory, News & General
Topic: Percentage of Net Worth in Equities
Replies: 23
Views: 2232

Re: Percentage of Net Worth in Equities

I’m at around 80% right now which is what I wanted my AA to be at the beginning of this year. At the beginning of October I think I was up to 90%. Bear market is doing me a favor by instantly dropping me down to my desired AA. I think I’m learning a lesson but I wish it wasn’t such an expensive one....
by CryingHawaiian
Thu Jun 07, 2018 1:38 pm
Forum: Personal Investments
Topic: Adjusting Positions from UTMA
Replies: 8
Views: 679

Re: Adjusting Positions from UTMA

My current income is $65K per year and the gifted shares total ~$155K with $137K in unrealized long term capital gains. My desired AA between stocks/bonds/cash is currently where I want it to be, so can I just sell off these three stocks and switch them to Index Funds? You could do that, but you wo...
by CryingHawaiian
Wed Jun 06, 2018 2:27 pm
Forum: Personal Investments
Topic: Adjusting Positions from UTMA
Replies: 8
Views: 679

Adjusting Positions from UTMA

I’ve been fortunate enough to have been gifted shares from successful stocks through an UTMA that i haven’t paid attention to for 10 years since it was legally transferred over to me. I’m hoping to get some advice on what to do with these gifted shares. I foolishly wasn’t paying attention to them be...
by CryingHawaiian
Thu Feb 08, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 21219
Views: 2879435

Re: U.S. stocks in freefall

Correct me if I am wrong, but even after all of this we STILL haven't had an actual correction (10% drop), but it is extremely close. Yup. Looks like under 2% needed for a 10% drop for the S&P 500. after watching the S&P fall by 1.5% over the course of 20 minutes, we should hit it tomorrow....
by CryingHawaiian
Wed Jan 31, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: Your favorite beach vacation destination?
Replies: 64
Views: 7230

Re: Your favorite beach vacation destination?

MP123 wrote: Fri Jan 26, 2018 10:45 pm Hawaii has many charms but the beaches tend to be small and rocky Waikiki excepted.
Just curious if you actually tried any beaches other than Waikiki and Ala Moana
by CryingHawaiian
Wed Jan 31, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1503
Views: 178330

Re: What frugal thing did you do today?

Road my bike to work, same as every non-rainy day. Saves between $12-15 per day or $200-$300 per month compared to paying for parking
by CryingHawaiian
Thu Jan 25, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Diary of a Bear Market
Replies: 24
Views: 3609

Re: Diary of a Bear Market

Pretty interesting stuff... June 7 (Dow, 910) A curious new type of mutual fund debuts, based on the disappointment investors feel when their professional money manager can't beat the market averages. Says the Wall Street Journal: “It isn't expected that the new-style portfolios, dubbed ‘index funds...
by CryingHawaiian
Thu Jan 25, 2018 7:39 pm
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 29830

Re: 401k millionaires

I wonder what percentage of people with access to a 401k are maxing it out though? It's got to be low single digits. The median household income in the US is ~$55k. As a family income there is no way most people can max out a 401k. Just for fun: Let's say that the median household is able to save 1...
by CryingHawaiian
Wed Jan 17, 2018 8:23 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 5303

Re: How to overcome the fear of spending money? (Buying a car)

Does it have to be new? Compromise and spend $10-12k on a nice used one. I think there are a lot of lightly used, driven only in the summer cars with low miles. There is one with 36k miles for $9k on our Craigslist and we are in a small town. Every dollar you spend IS delaying your retirement. If y...
by CryingHawaiian
Tue Jan 16, 2018 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can We Retire in Hawaii? Please Critique
Replies: 146
Views: 19524

Re: Can We Retire in Hawaii? Please Critique

Sonny and Cher: Scrimp for 2-3 years to afford a vacation in Europe . Captain and Tennille: Scrimp for 2-3 years to afford a vacation to Asia and Europe . maybe i don't understand this because i've only lived here for a little under a year, but why would you save up for a vacation when you live in ...