Search found 419 matches

by Rus In Urbe
Tue Jul 16, 2019 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Buying a home; Very HCOL Area
Replies: 26
Views: 1250

Re: Buying a home; Very HCOL Area

dm200 wrote: Back when we bought our single family home 41 years ago, we paid $75,000. many folks said that was too much. The previous owner had paid half that five years earlier. Today, our house (mostly land value) has a market value of between $650,000 and $700,000 in a hot market. The house has...
by Rus In Urbe
Tue Jul 16, 2019 10:55 am
Forum: Personal Investments
Topic: Poor financial advisor performance
Replies: 71
Views: 3529

Re: Poor financial advisor performance

OP wrote: Over the past 5 years we have been satisfied with their service but less so with our portfolio performance. OP, I would examine the statement above, which you made in your original post. To my way of thinking "service" = "portfolio performance" and nothing more. But clearly to you, "servi...
by Rus In Urbe
Tue Jul 16, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Being a hands off homeowner
Replies: 48
Views: 2300

Re: Being a hands off homeowner

Home ownership is so much more expensive than anyone imagines. But (as someone who is very rooted in our historic fixer-upper with garden), it can also be gratifying. It all depends on where you and your future spouse want to invest your time and money. Home ownership is not for everyone and some fo...
by Rus In Urbe
Mon Jul 15, 2019 3:46 pm
Forum: Personal Investments
Topic: What to do with 10k
Replies: 14
Views: 1481

Re: What to do with 10k

To dave_5 What do you mean by LBYM and STC? Thank you so much for your help! Everyone's been great on this board and so civil. Sorry....that's Boglehead shorthand! LBYM = Live Below Your Means. You do that already, clearly. (And since you're single, if you look for a partner, talk about finances ear...
by Rus In Urbe
Sat Jul 13, 2019 2:07 pm
Forum: Personal Investments
Topic: What to do with 10k
Replies: 14
Views: 1481

Re: What to do with 10k

Just a few observations: --you are on the right track. --you are thrifty and have your head on straight about how to accumulate wealth. --you are making the right decision (IMHO) about keeping a larger emergency fund (due to possible job insecurity). Yes, put that 10K into tax advantaged accounts as...
by Rus In Urbe
Sat Jul 13, 2019 6:34 am
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7130

Re: my mom is a "financial advisor"

retiredjg She is your mom so it is reasonable to assume she is not lying to you or trying to trick you or trying to sell you something for her own profit. I would assume she is giving what she believes to be her best advice. That is because this is what her training has taught her. Chances are "her...
by Rus In Urbe
Fri Jul 12, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: Interior Basement Waterproofing
Replies: 8
Views: 698

Re: Interior Basement Waterproofing

We had the B-Dry system installed in our damp/moldy basement five years ago. https://www.bdry.com Basically, there is a French drain beneath the floor all around the perimeter and, behind the drywall, the concrete walls are wrapped two layers of very heavy plastic; a sump pump with a backup battery ...
by Rus In Urbe
Thu Jul 11, 2019 6:48 am
Forum: Personal Consumer Issues
Topic: Replacing broken glass on outdoor light lantern
Replies: 14
Views: 1060

Re: Replacing broken glass on outdoor light lantern

A dw years ago, I needed some replacement window panes and also some small glass panels for an outside lantern. I was able to find a mom-n-pop shop of glass cutters who did it for, basically, pennies. This was much easier than going back to a manufacturer, and probably cheaper too. Good luck!
by Rus In Urbe
Wed Jul 10, 2019 6:29 am
Forum: Investing - Theory, News & General
Topic: Any Bogleheads get involved in private equity?
Replies: 43
Views: 7975

Re: Any Bogleheads get involved in private equity?

OP wrote: I've heard the criteria are $200k income (single) or $1M in liquid assets. Rus In Urbe wrote: Wondering where OP "heard" this. At this level of investment, OP is not just a small fish, but a guppy. And ready to be swallowed up by a bigger fish. robertmcd wrote: Those are the requirements ...
by Rus In Urbe
Tue Jul 09, 2019 1:07 pm
Forum: Investing - Theory, News & General
Topic: Any Bogleheads get involved in private equity?
Replies: 43
Views: 7975

Re: Any Bogleheads get involved in private equity?

OP wrote: I've heard the criteria are $200k income (single) or $1M in liquid assets. Wondering where OP "heard" this. At this level of investment, OP is not just a small fish, but a guppy. And ready to be swallowed up by a bigger fish. No. No. No. Stick to a sensible plan. OP, if you really are bor...
by Rus In Urbe
Mon Jul 08, 2019 7:26 am
Forum: Personal Investments
Topic: Where to invest new cash at this time of all time high market
Replies: 24
Views: 2666

Re: Where to invest new cash at this time of all time high market

InvestVS wrote: I just received around 250K due to a stock vesting and not sure if this is the right time to put that money in the market as the market is so high. I got it, this is timing the market but the market seems very very high based upon recent news. My asset allocation for my current asse...
by Rus In Urbe
Sun Jul 07, 2019 8:57 pm
Forum: Personal Investments
Topic: Looking for advice with inheritance
Replies: 9
Views: 1541

Re: Looking for advice with inheritance

1. Pay off the debt asap---4% guaranteed.
2. Don't see an emergency fund---put aside about 6 months of expenses.
3. Have a written-out investment plan: figure out your risk tolerance and set an AA
4. Invest the remainder (if any) accordingly
5. Continue to earn/save/invest.

Good luck! :sharebeer
by Rus In Urbe
Sun Jul 07, 2019 8:35 pm
Forum: Personal Consumer Issues
Topic: Survived the First Week [of retirement, what's next?]
Replies: 69
Views: 7693

Re: Survived the First Week

How about: 1. sign up for specific days for the volunteering 2. get to the local YMCA and get a trainer to work with you other days 3. splurge on some massage or therapy for that sciatica (rolfing is good) 4. be patient with yourself---it's a transition. CONGRATS on your retirement! Find ways to enj...
by Rus In Urbe
Sun Jul 07, 2019 7:41 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1271
Views: 118926

Re: U.S. stocks continue to soar!

GoldenFinch » Sat Jul 06, 2019 12:24 pm ruralavalon wrote: ↑Sat Jul 06, 2019 7:34 am I am surprised at the market timers, who can't seem to help themselves: (1) in trying to beat the market by catching intra-day lows, a/k/a day trading; or (2) by holding cash, waiting forced good time to buy, which...
by Rus In Urbe
Sun Jul 07, 2019 7:03 am
Forum: Personal Investments
Topic: Anyone here investing in Prison REITs?
Replies: 30
Views: 2653

Re: Anyone here investing in Prison REITs?

Absolutely not. For ethical reasons. That's enough for me.
by Rus In Urbe
Fri Jul 05, 2019 6:38 am
Forum: Personal Investments
Topic: Noob worried about retiring in 7-10 years! Will I have enough - you decide!
Replies: 32
Views: 3645

Re: Noob worried about retiring in 7-10 years! Will I have enough - you decide!

Other BH's will have more granular advice for you.... But I can just say that you are thinking the wrong way about a BEAR market. PRAY for a BEAR MARKET to start as soon as possible! You are working for the next 7-10 years and if you are buying into the market, what you WANT is a bear market while y...
by Rus In Urbe
Fri Jul 05, 2019 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 19991

Re: Do you share your net worth with family members?

Que1999 » Thu Jul 04, 2019 4:26 pm We hit 1m net worth on July 1st, a few days ago. It was a big milestone for DW and I. We were both very proud to have reached that milestone in our mid-late 30's. I wanted to share, but only because both myself and DW both came from very humble beginnings. My fath...
by Rus In Urbe
Fri Jul 05, 2019 6:12 am
Forum: Personal Finance (Not Investing)
Topic: Home Price as a % of Net Worth
Replies: 20
Views: 1677

Re: Home Price as a % of Net Worth

Dear liz24: Good for you! So few folks your age think about how much they are going to spend for housing and end up rent/mortgage poor. And next to your savings rate, your housing decision is probably the single most important decision you will make that will affect your long-term financial health. ...
by Rus In Urbe
Thu Jul 04, 2019 8:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on The Fourth of July (Independence Day)
Replies: 10
Views: 1096

Re: Jack Bogle on The Fourth of July (Independence Day)

Lucky us to live at a lucky time in a lucky country!
Cheers to all on this Fourth of July,
Especially to those like Taylor who have served our nation.
:sharebeer :beer :sharebeer :beer :sharebeer
by Rus In Urbe
Thu Jul 04, 2019 4:49 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 14455

Re: Good times: 2008 vs Now

Coburn wrote: If I have any lasting memories of the 2008 recession perhaps the most noteworthy was this: By then, I was most assuredly contributing to my 401k (total $$$ amounted to under 40k )...and I remember thinking after I logged into my retirement account and seeing the running balance lower ...
by Rus In Urbe
Thu Jul 04, 2019 4:20 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 14455

Re: Good times: 2008 vs Now

Coburn wrote: Sure, when the market tanks or when the next recession lands, my portfolio will be impacted. But in my mind, I treat it as more of a paper loss since I'm not tapping this money yet. Rus In Urbe wrote: BRAVO, Coburn! :D :D :D :D :D Yes indeed, a paper loss is not an actual loss. A pape...
by Rus In Urbe
Thu Jul 04, 2019 12:12 pm
Forum: Investing - Theory, News & General
Topic: "The Worth Of A Man: A Tribute To John C. Bogle," by Rick Ferri
Replies: 5
Views: 670

Re: "The Worth Of A Man: A Tribute To John C. Bogle," by Rick Ferri

THANKS to the generosity, wisdom, vision and altruism of John Bogle, the investing world is changed forever.
We are indeed his beneficiaries.

THANKS John Bogle! :beer
by Rus In Urbe
Thu Jul 04, 2019 12:08 pm
Forum: Investing - Theory, News & General
Topic: How do you brace for impact?
Replies: 65
Views: 5758

Re: How do you brace for impact?

Calm, calm! Been investing for a few decades....been through the troughs. Unless we blow up the world literally, a market downturn is NOT like a plane-crash. In fact, thinking of it that way only increases your Fear (stimulating your amygdala--try not to do that). What you don't want to feel during ...
by Rus In Urbe
Thu Jul 04, 2019 11:29 am
Forum: Investing - Theory, News & General
Topic: Blockbuster
Replies: 34
Views: 3048

Re: Blockbuster

KODAK.

Who would have predicted that?
by Rus In Urbe
Thu Jul 04, 2019 11:17 am
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 14455

Re: Good times: 2008 vs Now

Coburn wrote: Sure, when the market tanks or when the next recession lands, my portfolio will be impacted. But in my mind, I treat it as more of a paper loss since I'm not tapping this money yet. BRAVO, Coburn! :D :D :D :D :D Yes indeed, a paper loss is not an actual loss. A paper loss is converted...
by Rus In Urbe
Thu Jul 04, 2019 10:43 am
Forum: Personal Investments
Topic: Got more than enough for retirement. What to do now?
Replies: 42
Views: 3792

Re: Got more than enough for retirement. What to do now?

Sleepless (OP) wrote: Philanthropy is super hard to get right. Well-meaning money often creates problems instead of solving them. I worked pro-bono for a few years in NGO-heavy countries. The road to hell is indeed paved with good intentions. My solution at this point is to donate directly to tiny m...
by Rus In Urbe
Thu Jul 04, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: At What Age or Point in your Career did your investments start outweighing your regular paychecks?
Replies: 85
Views: 10778

Re: At What Age or Point in your Career did your investments start outweighing your regular paychecks?

I calculate our progress in a slightly different way, keeping a spreadsheet with Net Worth (NW). I calculate our NW quarterly. Then, in order to smooth out the market "upsies & downsies," I add together the quarters in the current year to get a running average of gains (and in 2008, briefly, potenti...
by Rus In Urbe
Thu Jul 04, 2019 7:01 am
Forum: Personal Investments
Topic: Got more than enough for retirement. What to do now?
Replies: 42
Views: 3792

Re: Got more than enough for retirement. What to do now?

We are in a similar situation. DH is retired and I'm pulling the trigger in December. We glide-pathed to an overall AA of 50/50 and created some "fail-safes" so that in the event of a catastrophic market downturn, we will be okay. So, several years ago, we opened a DAF (Donor Advised Fund), which co...
by Rus In Urbe
Thu Jul 04, 2019 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Would we regret buying a 2nd home?
Replies: 90
Views: 7917

Re: Would we regret buying a 2nd home?

We had two homes for a bit more than a decade----a Manhattan coop apartment that we had lived in and an Upstate home with garden where we moved to for work. We kept the NYC pied a terre for years and we enjoyed it, but didn't use it as much as we thought we would. We made some money renting it out f...
by Rus In Urbe
Thu Jul 04, 2019 6:30 am
Forum: Personal Consumer Issues
Topic: how do couples work together on home finance
Replies: 60
Views: 4492

Re: how do couples work together on home finance

I'm the financial head in our unit. My DH is very frugal (thank heaven!) but uninterested in the details. So I'm the one with the spreadsheets and receipts, the one who reads investing books, the one who goes to the tax accountant and makes the decisions. I keep him informed of all major moves, and ...
by Rus In Urbe
Thu Jul 04, 2019 6:23 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11053
Views: 1937988

Re: U.S. stocks in free fall

Independent George wrote: So... I've been on vacation the last couple weeks. What did I miss? GoldenFinch We’ve moved to the “soar” thread. :moneybag Okay, this is not actionable, but sometimes I just read this forum for the wit. Happy 4th of JULY, fellow Bogleheads! :sharebeer :sharebeer :sharebee...
by Rus In Urbe
Thu Jul 04, 2019 6:19 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Changed Your Life Even If You Don’t Know Who He Was
Replies: 5
Views: 595

Re: Jack Bogle Changed Your Life Even If You Don’t Know Who He Was

Outside of the books I've read, I learned my most important investing lessons from two people: 1. My Uncle (rest his soul) was a Wall Street Investment 'guy' with his own company. We talked a lot about the markets, the Fed, etc. Though very frugal himself, he had a lovely home in Greenwich, CT. and ...
by Rus In Urbe
Wed Jul 03, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: The Day Has Come - Hit Retirement Number - Now What?
Replies: 103
Views: 10096

Re: The Day Has Come - Hit Retirement Number - Now What?

Great advice above. I retire in December, but I've been planning for it for about the past five years (ie. finances, where will we live, and most importantly what will I be doing?). Common wisdom is to retire TO something, not merely retire from work. If you're not miserable at work, hang with it fo...
by Rus In Urbe
Wed Jul 03, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6084

Re: Adult son has not controlled credit card overuse!

No, no and no. :oops: Read or re-read "The Millionaire Next Door" --- the chapters on raising kids to be financially responsible. I'm sorry to point this out, but you are much too involved in your adult son's financial life. Get out of the way so he can grow up. Cut the connection to the bank accoun...
by Rus In Urbe
Wed Jul 03, 2019 1:34 pm
Forum: Personal Investments
Topic: Moving the Goalposts - a new perspective
Replies: 15
Views: 1891

Re: Moving the Goalposts - a new perspective

:D :D :D :D I'm laughing. My retirement comes up this December. I went through a bit of that a few years ago when I was dong the heavy planning/lifting to get ready for it. What solved it for me was to automate my first five years of retirement. I'm five years from SS & RMDs, so I got a CD ladder go...
by Rus In Urbe
Wed Jul 03, 2019 1:18 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 14455

Re: Good times: 2008 vs Now

The problem with looking around and trying to figure out what is going on (ie. where we might be in the business cycles of bust'n'boom) is that there is too much "noise." That is to say, complex factors---too numerous to take into account---influence economic outcomes. MARKET RETURNS = consumer spen...
by Rus In Urbe
Mon Jul 01, 2019 8:21 am
Forum: Personal Investments
Topic: Thoughts on my asset allocation plan
Replies: 5
Views: 393

Re: Thoughts on my asset allocation plan

Hello BlackwaterPark10! Other BHs will be better at advising you on tweaking your allocations, but I just have an overall observation: Also, would going all Index US Stocks for a few years be unwise decision since im trying to catch up for some lost years? This indicates you are putting pressure on ...
by Rus In Urbe
Mon Jul 01, 2019 7:55 am
Forum: Personal Investments
Topic: Can I add Social Security to my asset allocation of bonds?
Replies: 42
Views: 2618

Re: Can I add Social Security to my asset allocation of bonds?

Setting your AA is very individual, but the "age in bonds" thing never worked for me. Feels downright Procrustean. Instead, I think about the timeline: "how soon do I need that particular bit of money?" So--- DH is already on RMDs and we've got his account set at a conservative 30/70. My RMDs don't ...
by Rus In Urbe
Mon Jul 01, 2019 7:35 am
Forum: Investing - Theory, News & General
Topic: So the year is officially half over
Replies: 32
Views: 3288

Re: So the year is officially half over

STC. Our overall AA is 50/50. Mortgage paid off long ago. Retirement for me starts in December. DH is already retired and on SS & RMDs. A five-year CD ladder bridges us to my RMD & SS moment. No major changes no matter where the market goes from here. The hatches are battened. The garden is flowerin...
by Rus In Urbe
Mon Jul 01, 2019 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 19991

Re: Do you share your net worth with family members?

No. Except for my spouse who is kept abreast of all transactions and plans (I'm the money-planner in our unit). As for the rest of my family, they will find out if I die first, since they will be some of the beneficiaries. I've written this elsewhere in this forum, but you only have to read "The Mon...
by Rus In Urbe
Mon Jul 01, 2019 7:11 am
Forum: Personal Investments
Topic: Investing a windfall when the market is at “an all-time high?”
Replies: 33
Views: 3675

Re: Investing a windfall when the market is at “an all-time high?”

Well, I was in a similar position some years back. I felt comfortable with the allocations of our investments. Everything was on track and I came into a windfall. I simply paid off our mortgage. Bam. Done. I love living mortgage free, and while you say your mortgage is at a "rock-bottom" rate, add u...
by Rus In Urbe
Wed Jun 26, 2019 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Early wedding funding for my young kids: Great Strategy!!!
Replies: 22
Views: 3346

Re: Early wedding funding for my young kids: Great Strategy!!!

It encouraged daughter to stick to a reasonable budget and she could keep anything she didn't spend. The "wedding account" was in lieu of coming up with real wedding funding. I shared the story for the general concept; which again, did work very well for us. Not as invrestment advice for today's yo...
by Rus In Urbe
Tue Jun 25, 2019 8:30 am
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 145
Views: 12731

Re: How did you lower your annual expenses?

As others have mentioned: the two expense biggies for most are House & Car. 1. We moved to a LCOL area out of sheer luck (job offer) and negotiated hard to lower the price on an already cheap fixer-upper within walking distance of my office (add Commute to that list of expense biggies---commuting ti...
by Rus In Urbe
Tue Jun 25, 2019 7:42 am
Forum: Personal Investments
Topic: How can we do better with our investments?
Replies: 5
Views: 610

Re: How can we do better with our investments?

I agree with fellow-BHs: you are on the right path. Now you just keep pedaling the bicycle and continue learning and optimizing. LBYM, STC---put into practice all the BH principles. If it were me, I would also add a little bit of conservative (bonds, more emergency funds). While in a bull market, th...
by Rus In Urbe
Tue Jun 18, 2019 1:58 pm
Forum: Personal Investments
Topic: Questions on using Firecalc
Replies: 8
Views: 588

Re: Questions on using Firecalc

FIRECalc can be a useful exercise to give you a very broad sense of what MIGHT happen in the future----might, might, might. Of course, a crystal ball is even better, because FIRECalc is not any kind of guarantee. It's just a "What If" exercise. Rather than shaving off 100K, try adjusting your return...
by Rus In Urbe
Fri Jun 14, 2019 3:10 pm
Forum: Personal Investments
Topic: Why are my Vanguard returns suddenly so low?
Replies: 40
Views: 6307

Re: Why are my Vanguard returns suddenly so low?

Jesteroftheswamp wrote: It feels like I suddenly lost a huge amount of money, 3% return is TERRIBLE! Note the operative word here----feel. Yes, for the beginning or emotional investor, a downturn (or in this case just misunderstanding the % returns) FEELS like they "suddenly lost a huge amount of m...
by Rus In Urbe
Fri Jun 14, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 555
Views: 49214

Re: Why are you NOT buying rental properties?

What a weird question.

I'm not buying rental properties because I prefer to let my little dollars be out there cloning themselves, 24/7 for 365-6, while I relax.

Real estate. Ugh. Not for me.
by Rus In Urbe
Fri Jun 14, 2019 7:18 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 321
Views: 38278

Re: How Bad was 2008, really?

Gosh, I get PTSD just reading this thread. We were very lucky and some of it was just dumb luck----stable jobs, LCOL area, low-interest mortgage and a habit of LBYM. Our paychecks continued to purchase equities on the way down the roller coaster (we upped our stock purchases a bit), so the Great Rec...
by Rus In Urbe
Wed Jun 12, 2019 7:56 am
Forum: Personal Finance (Not Investing)
Topic: [Proposed changes to 401(k) and IRAs]
Replies: 82
Views: 3634

Re: "Help Is Almost Here for Retirement Savers"

I tried to remove my comment but RJC had already copied it into the thread. What to do? Lady Geek, forgive me!
by Rus In Urbe
Wed Jun 12, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: [Proposed changes to 401(k) and IRAs]
Replies: 82
Views: 3634

Re: "Help Is Almost Here for Retirement Savers"

Oh, oops.
I removed my message which included an opinion on this topic and could be possibly read as political.
(I thought it was just logical.)