Search found 238 matches

by prairieman
Sat May 23, 2020 11:33 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 367
Views: 28709

Re: The axe falls and I am prepared. What's next?

It looks like you’ve got enough to retire but are young enough to work if you want. When I reached that age I became very restless even without being laid off. One new manager that I disliked and often disagreed with finally caused me to choose freedom. In hind sight, that new manager was the best t...
by prairieman
Fri May 15, 2020 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Mountain cabin?
Replies: 24
Views: 3762

Re: Mountain cabin?

Non-financial advice: one goes to the woods to "simplify, simplify." And to spend the daylight hours outdoors. Remember the old Motel 6 commercial with a black screen, saying "this is how an expensive hotel room looks when you're asleep"? And, as one gets old, the fewer sqft to clean, repair, and m...
by prairieman
Mon May 11, 2020 6:17 pm
Forum: Personal Consumer Issues
Topic: What are your alternative plans this summer if it was travel?
Replies: 65
Views: 5338

Re: What are your alternative plans this summer if it was travel?

Oddly, we’re doing a major landscaping project that was planned for last fall, but which was delayed until the spring. Part of it is our work - a restoration of the new area to plants native to the area. Retired and forced to stay home all summer means I might actually take the time to do a decent j...
by prairieman
Thu May 07, 2020 7:53 pm
Forum: Personal Consumer Issues
Topic: Should you tip landscapers?
Replies: 51
Views: 3247

Re: Should you tip landscapers?

I read all of the responses and still feel the need to go with my heart on this one. The foreman is not the owner of the company but is definitely a perfectionist. I believe the owner of the company gets the low bids partly because he has this crew working for him. I will give the foreman a thank yo...
by prairieman
Wed May 06, 2020 4:45 pm
Forum: Personal Consumer Issues
Topic: Should you tip landscapers?
Replies: 51
Views: 3247

Should you tip landscapers?

We are having major landscaping done - rock retaining wall, new patio, fixing a major drainage issue. We selected a fairly big company with bull-dozers and excavators. They have seemingly unlimited ability to replace clay with gravel and sand. The foreman assigned to our project works hard for long ...
by prairieman
Tue May 05, 2020 6:38 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 448
Views: 57124

Re: What lifestyle creep made you happier?

I think I replied before, but since then I’ve found two things: (1) going almost totally cash free (credit cards and Apple Pay only and (2) going mostly electric with lawn equipment and automobiles. It’s just so darned efficient to avoid maintaining stuff - like the lawn mower, the car, the cash in ...
by prairieman
Sun May 03, 2020 10:48 am
Forum: Personal Consumer Issues
Topic: Lawnmower recommendation
Replies: 65
Views: 3921

Re: Lawnmower recommendation

I love my Ego Electric.
Quietly powerful.
No gas/oil related issues to deal with ever.
Folds up and tilts up on its front edge- allowing easy cleaning underneath and taking up very little space in the garage.
by prairieman
Wed Apr 29, 2020 11:26 am
Forum: Personal Investments
Topic: Recent Retiree using rising equity glide path - only increase equity during crashes?
Replies: 41
Views: 2256

Re: Recent Retiree using rising equity glide path - only increase equity during crashes?

I retired in April 2019, and am using the rising equity glide path to reduce SOR risk. My plan is to go from 25% to 55% stocks over 20 years (1.5% per year). In terms of when and by how much to increase my equity allocation, I'm wondering if it would be more favorable to increase my equity portion ...
by prairieman
Tue Apr 28, 2020 2:46 pm
Forum: Personal Investments
Topic: Recent Retiree using rising equity glide path - only increase equity during crashes?
Replies: 41
Views: 2256

Re: Recent Retiree using rising equity glide path - only increase equity during crashes?

I retired in April 2019, and am using the rising equity glide path to reduce SOR risk. My plan is to go from 25% to 55% stocks over 20 years (1.5% per year). In terms of when and by how much to increase my equity allocation, I'm wondering if it would be more favorable to increase my equity portion ...
by prairieman
Thu Apr 23, 2020 9:51 am
Forum: Personal Consumer Issues
Topic: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three to
Replies: 131
Views: 6157

Re: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three

ballons wrote:
Wed Apr 22, 2020 9:09 pm
  1. Prius Prime
  2. Prius
  3. Corolla hatchback
  4. Corolla hybrid
  5. Corolla
  6. Camry
I would rank this way, too.
by prairieman
Wed Apr 22, 2020 9:35 pm
Forum: Personal Consumer Issues
Topic: lawn care cost
Replies: 107
Views: 10238

Re: lawn care cost

I’m too particular about lawn care to let another person do it, but I want to minimize the hassle, too. I gradually switched to no-mow grass which requires little or no fertilizer and less water. You can mow it once a month, leaving it a bit long (for health of grass and to minimize weeds). I also b...
by prairieman
Wed Apr 22, 2020 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Exit Interview
Replies: 78
Views: 5765

Re: Exit Interview

I wanted to reach out for feedback on the best way to handle an Exit Interview next week. Im leaving an organization after 12.5 years. Im turning 62 in a couple of months. Don't have plans to go back but trying to leave graciously. There was new management brought in a year ago and my role kept get...
by prairieman
Wed Apr 22, 2020 6:45 pm
Forum: Personal Consumer Issues
Topic: Filling a void (of unknown size) under driveway
Replies: 26
Views: 1515

Re: Filling a void (of unknown size) under driveway

It’s hard for me to tell if your situation is similar to mine, but I also have had a void develop beneath my driveway at a point up by my garage. I could see it best at the joint where the garage floor meets the driveway. I suspect it has more to do with water flowing off the roof and somehow flowin...
by prairieman
Wed Apr 22, 2020 2:00 pm
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 23
Views: 1110

Re: FDGRX - Growth Fund vs. SP500

Yes, year after year it has done well. I am not savvy for owning it, just lucky to have dumbed into it before becoming mostly an indexer. I feel it’s like paying a bit up front to gamble with loaded dice.
by prairieman
Tue Apr 21, 2020 9:39 pm
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 23
Views: 1110

Re: FDGRX - Growth Fund vs. SP500

BV3273 wrote:
Tue Apr 21, 2020 7:51 pm
prairieman wrote:
Tue Apr 21, 2020 7:50 pm
We have made a killing with this fund in the last decade. It is my favorite fund in our portfolio and, though there is no guarantee for future performances, it is my one indulgence for paying a high annual fee.
Will you continue to hold it?
Yes.
by prairieman
Tue Apr 21, 2020 7:50 pm
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 23
Views: 1110

Re: FDGRX - Growth Fund vs. SP500

We have made a killing with this fund in the last decade. It is my favorite fund in our portfolio and, though there is no guarantee for future performances, it is my one indulgence for paying a high annual fee.
by prairieman
Tue Apr 21, 2020 1:57 pm
Forum: Personal Consumer Issues
Topic: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three to
Replies: 131
Views: 6157

Re: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three

Prius Prime is all modernized and a good introduction to driving in electric mode without giving up the convenience of driving long ranges on gas. Given that you’re interested in Toyotas, I would try and test drive the new Prime and consider that, too, before the Federal rebate runs out.
by prairieman
Sun Apr 19, 2020 9:09 am
Forum: Personal Investments
Topic: Different Spin on the question of "Should I pay of the house or Invest.."
Replies: 73
Views: 4553

Re: Different Spin on the question of "Should I pay of the house or Invest.."

I always looked at paying off the house as a way to survive almost anything. Once the mortgage was paid off, we could live off almost nothing if we needed to, for example, if we lost our jobs. We never had to live off nothing, but slept well through the dot com bubble and housing crisis and never ha...
by prairieman
Mon Apr 13, 2020 9:53 am
Forum: Personal Consumer Issues
Topic: When to upgrade house vs location uncertainty
Replies: 15
Views: 1045

Re: When to upgrade house vs location uncertainty

We went the upgrading route as the kids grew up into their school years. In hand sight, I’d have rather switched locations before they reached school age. The reason is that our kids did not want to move later (when we did!) because they were firmly entrenched in the neighborhood. It turned out OK; ...
by prairieman
Sat Apr 11, 2020 4:53 pm
Forum: Personal Consumer Issues
Topic: How do you maximize enjoyment after achieving FI?
Replies: 161
Views: 8477

Re: How do you maximize enjoyment after achieving FI?

For us it WAS winning a bidding war (3 bidders in first day) on a house that we REALLY wanted in an area that we REALLY wanted to live in. We had searched very hard without making a single offer - and then suddenly it was the perfect house and we had to act very fast. Once your home totally fits yo...
by prairieman
Fri Apr 10, 2020 5:39 pm
Forum: Personal Consumer Issues
Topic: Garden edging- question
Replies: 24
Views: 2074

Re: Garden edging- question

There will likely be weeds at first any time the soil is disturbed, exposing the local “seed bank”. Some weed seeds live many years in the soil. With time, if you keep after the weeds consistently, they disappear. A bigger maintenance problem for me involves frost heaving of the edging itself (MN). ...
by prairieman
Fri Apr 10, 2020 3:55 pm
Forum: Personal Consumer Issues
Topic: How do you maximize enjoyment after achieving FI?
Replies: 161
Views: 8477

Re: How do you maximize enjoyment after achieving FI?

For us it WAS winning a bidding war (3 bidders in first day) on a house that we REALLY wanted in an area that we REALLY wanted to live in. We had searched very hard without making a single offer - and then suddenly it was the perfect house and we had to act very fast. Once your home totally fits you...
by prairieman
Wed Apr 08, 2020 11:28 am
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 269
Views: 35749

Re: Don't pay full price for SiriusXM radio

I am surprise that SiriusXM it is still in business, I used it many years ago. I liked it but not that much to continue paying for it. Free smart phone apps are good enough for me now. Same here. I have three months free SiriusXM on my new car and haven’t even bothered to try it after six weeks. Th...
by prairieman
Tue Apr 07, 2020 9:23 am
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 269
Views: 35749

Re: Don't pay full price for SiriusXM radio

I am surprise that SiriusXM it is still in business, I used it many years ago. I liked it but not that much to continue paying for it. Free smart phone apps are good enough for me now. Same here. I have three months free SiriusXM on my new car and haven’t even bothered to try it after six weeks. Th...
by prairieman
Mon Mar 23, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: Buying expensive things after the market crash
Replies: 39
Views: 4980

Re: Buying expensive things after the market crash

We're moving forward with a large purchase made before the crash ($60K landscaping project) that got delayed until after the crash. Thankfully, we sold equities and bonds before the crash when we thought the project was originally going to be completed. I reason that the money was, in effect, alread...
by prairieman
Thu Mar 19, 2020 8:58 am
Forum: Personal Investments
Topic: Unprepared for Potential Great Depression Part 2
Replies: 244
Views: 22817

Re: Unprepared for Potential Great Depression Part 2

I saw something on FB calling this The Great Pause. Few people will actually die if we take this pause. The world will go on and make use of all of the wonderful new technologies that exist. Yes, there will be less productivity this year, and businesses that were already on the edge may not survive,...
by prairieman
Tue Mar 17, 2020 9:32 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50161

Re: Who's buying today? where's all the "dry powder" folks at? :)

My emotions range back and forth between doom and gloom, worrying more about those without a cushion who will be losing their jobs. There were times when I was just starting out when that could have been me.
by prairieman
Tue Mar 17, 2020 9:21 am
Forum: Investing - Theory, News & General
Topic: Why do people say "its only on paper, its not a real loss"
Replies: 142
Views: 7390

Re: Why do people say "its only on paper, its not a real loss"

Even if you're 100% certain you will recover your losses, you have technically lost money. Technically, you have not lost money. No money has left the account. It's more correct to say that the market valuation has decreased. I've grown to the point where I don't care what the daily market valuatio...
by prairieman
Mon Mar 16, 2020 10:33 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296889

Re: Coronavirus and the market

Thanks for the comments. There are opposing opinions. Some see a pandemic causing complete economic annihilation, and others see the flu. Yep, thats the point. Pandemics are rare, once in a lifetime maybe. Some saw the risk. The question is how low we can go. The reality will be in the middle. Howe...
by prairieman
Thu Mar 12, 2020 6:27 pm
Forum: Investing - Theory, News & General
Topic: [Bond ETFs Face Toughest Liquidity Test Yet 3/12/20]
Replies: 42
Views: 2567

Re: BND Down 5.44% but VBTLX down just .96%

Is this just another way of saying that ETF guys are panicking more than Mutual Fund guys?
by prairieman
Thu Mar 12, 2020 6:16 pm
Forum: Investing - Theory, News & General
Topic: NCAA cancels March Madness tournaments
Replies: 51
Views: 2532

Re: NCAA cancels March Madness tournaments

I have two comments based on things I have seen and read: The idea isn’t to stop the disease, but rather just to slow its spread rate down. You and I will probably get the disease sometime, but hopefully the hospitals won’t be overwhelmed with patients if our cases are of the serious kind. If you’re...
by prairieman
Wed Mar 11, 2020 4:44 pm
Forum: Personal Investments
Topic: Are Bonds still worth buying right now?
Replies: 6
Views: 1071

Re: Are Bonds still worth buying right now?

I admit to selling some bonds (actually bond funds) recently and going to cash and stocks. My view is that interest rates dropped to a point where holding cash seems less risky than bonds. While I’ll miss the dividends, I already did so well with the bond funds as interest rates declined that zero p...
by prairieman
Wed Mar 11, 2020 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Signed a new job contract - realized I could have get a higher salary
Replies: 47
Views: 4323

Re: Signed a new job contract - realized I could have get a higher salary

I'm retired now, and it's been so long since I interviewed anywhere that I've forgotten how to discuss this. But ever since at my first job I learned that the guys were being paid pretty uniformly 30% more than I was, I learned that the squeaky wheel gets the grease. So if I were you I would not he...
by prairieman
Wed Mar 11, 2020 11:41 am
Forum: Personal Investments
Topic: Would you buy oil stock at this time?
Replies: 24
Views: 1407

Re: Would you buy oil stock at this time?

I purchased a number of Marathon Oil stock (MRO) at $15 per share, approx five years ago. Seemed like a reasonable price at the time. It's down a whopping 75% or so since then. There's no sense in selling now but I'm thinking about purchasing more as it's at an all-time low. At $4 per share, it has...
by prairieman
Tue Mar 10, 2020 5:35 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey Reacts to Stock Market Crash
Replies: 93
Views: 15096

Re: Dave Ramsey Reacts to Stock Market Crash

I tuned him out when he ranted against taxes but promoted 10% tithing to a church. If a person is poor and in debt (his audience) they are probably not paying much tax anyway and, well, ....
by prairieman
Mon Mar 09, 2020 5:18 pm
Forum: Personal Consumer Issues
Topic: Battery powered lawn mower recommendation
Replies: 71
Views: 2471

Re: Battery powered lawn mower recommendation

I am also in the market for an electric lawn mower, mostly for the noise factor. I have slowly converted my lawn to prairie plants ( in less used potions) and to so-called no-mow lawn in other portions. My ancient internal combustion mower is total over-kill now because I mow 20 minutes once per sum...
by prairieman
Mon Mar 09, 2020 5:17 pm
Forum: Personal Consumer Issues
Topic: Battery powered lawn mower recommendation
Replies: 71
Views: 2471

Re: Battery powered lawn mower recommendation

I am also in the market for an electric lawn mower, mostly for the noise factor. I have slowly converted my lawn to prairie plants ( in less used potions) and to so-called no-mow lawn in other portions. My ancient internal combustion mower is total over-kill now because I mow 20 minutes once per sum...
by prairieman
Mon Mar 09, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41856

Re: The Calm Post - Stay the course thread.

DS03 wrote:
Mon Mar 09, 2020 2:44 pm
prairieman wrote:
Mon Mar 09, 2020 2:23 pm
Sold some bonds, bought some stock. Took a nap.
Same, except for the nap part (my work frowns upon that!).
My wife frowns on it, too, but luckily she was not home. Shhhh.
by prairieman
Mon Mar 09, 2020 2:23 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41856

Re: The Calm Post - Stay the course thread.

Sold some bonds, bought some stock. Took a nap.
by prairieman
Wed Mar 04, 2020 11:12 am
Forum: Investing - Theory, News & General
Topic: Bond funds - are they really safe?
Replies: 31
Views: 2708

Re: Bond funds - are they really safe?

To me, it looks like bond fund holders have already reaped many years worth of interest payments (current rates) from increased fund prices. There is a significant risk, in my opinion, that stock and bond funds will drop together if/when interest rates climb. The Fed has, in effect, painted itself i...
by prairieman
Mon Mar 02, 2020 3:31 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 37766

Re: Anybody want to guess the bottom of this "dip"?

What I don’t get is why people would not buy the dip. From a long term perspective, they will be better off than not buying the dip, whether they buy in at 5, 10, or 20%. It is only dangerous if you’re not prepared (mentally or financially) to wait out a prolonged drop in the market. FWIW, I bought...
by prairieman
Sun Mar 01, 2020 7:03 pm
Forum: Personal Investments
Topic: Another Edward Jones and other Financial Advisor "Lessons to Share"
Replies: 80
Views: 9916

Re: Another Edward Jones and other Financial Advisor Lessons

After my father-in-law passed away, my mother and law asked me to help sort things out. Her husband had handled everything. She had an impossibly complicated portfolio with Edward Jones, US Bank, and Fidelity. My advice was to consolidate and simplify. I told her what I do (BogleHead like) and she t...
by prairieman
Sun Mar 01, 2020 2:25 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 37766

Re: Anybody want to guess the bottom of this "dip"?

Bottom fishing can be very dangerous. What I don’t get is why people would not buy the dip. From a long term perspective, they will be better off than not buying the dip, whether they buy in at 5, 10, or 20%. It is only dangerous if you’re not prepared (mentally or financially) to wait out a prolon...
by prairieman
Sun Mar 01, 2020 10:26 am
Forum: Personal Consumer Issues
Topic: iPhone 6s - upgrade to 11 or 12?
Replies: 41
Views: 2918

Re: iPhone 6s - upgrade to 11 or 12?

I upgraded from 6 to 11 pro because of the camera range (wide to telephoto. It’s totally worth it (in my opinion).
by prairieman
Fri Feb 28, 2020 2:59 pm
Forum: Personal Investments
Topic: changing allocation strategy following downturn???
Replies: 8
Views: 627

Re: changing allocation strategy following downturn???

OP, I have a similar situation and the same percentages, but I am older and already retired. My rationale also includes the fact that I did not take into account social security, pension, and eventual Medicare when initially deciding on my AA. I decided not to do anything fast. I simply would not re...
by prairieman
Mon Feb 17, 2020 11:34 pm
Forum: Personal Investments
Topic: im wanting a small correction very soon
Replies: 78
Views: 4833

Re: im wanting a small correction very soon

In 2010 my brother took me out for breakfast and scared me into selling perfectly good stock assets and holding cash so that I could buy after the market tanked again. I lost 30K in a short amount of time before deciding my brother’s advice was stupid, took my lumps, and got back in. I haven’t preci...
by prairieman
Fri Feb 14, 2020 2:00 pm
Forum: Personal Investments
Topic: Is this a bad time to invest new money in bonds?
Replies: 42
Views: 4823

Re: Is this a bad time to invest new money in bonds?

I am with you on this, OP. In fact I recently cashed out from some of my bond funds in my taxable account. The fund already collected several years worth of interest this past year by going up in value. That’s good enough for me for this part of my AA and so I locked it in. What did you 'lock it in...
by prairieman
Thu Feb 13, 2020 4:03 pm
Forum: Personal Investments
Topic: Is this a bad time to invest new money in bonds?
Replies: 42
Views: 4823

Re: Is this a bad time to invest new money in bonds?

I am with you on this, OP. In fact I recently cashed out from some of my bond funds in my taxable account. The fund already collected several years worth of interest this past year by going up in value. That’s good enough for me for this part of my AA and so I locked it in.
by prairieman
Thu Feb 13, 2020 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Amica Homeowners Insurance Increase
Replies: 20
Views: 1990

Re: Amica Homeowners Insurance Increase

I checked Amica out in the fall and they were about the same as my current company for Auto, but $1000 more for homeowners.
by prairieman
Wed Feb 12, 2020 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Tactic to Induce Myself to Keep Working
Replies: 26
Views: 2883

Re: Tactic to Induce Myself to Keep Working

I did not read other replies but was moved by the OP’s post. I went through the same calculation when I was 58. I liked my job but we could also reduce expenses if necessary, spouse was retired, and we wanted to travel more together. I was absolutely shocked to find myself going in to tell me superv...