Search found 2075 matches

by AerialWombat
Sun Apr 11, 2021 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-retirement checklist, what is on yours?
Replies: 74
Views: 8522

Re: Pre-retirement checklist, what is on yours?

At this point in my approach to retirement I am all about risk management and making sure I can afford to do what I want in the early years of my retirement when I am most likely to be healthy and physically able. If I turn out to be an incredibly virile and active 80 year old I figure something ou...
by AerialWombat
Sun Apr 11, 2021 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: First time homebuying in this environment...
Replies: 10
Views: 790

Re: First time homebuying in this environment...

I normally purchase a new home and move every year. I am choosing to skip this year due to the multi-offer and inspection-waiving nonsense going on. I refuse to play that game, and encourage others not to, either. Let the market settle out, then take time to find the right house for you. If you abso...
by AerialWombat
Sun Apr 11, 2021 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Financing to Purchase Law Firm
Replies: 41
Views: 2922

Re: Financing to Purchase Law Firm

Yeah, speaking as a project-based professional services firm owner, this plan + price sounds bonkers. I don't understand what the purchaser is acquiring, and I don't know of any loan options. We got an SBA loan a couple years ago and they had no interest in considering intangibles. +1 I'm not a law...
by AerialWombat
Sun Apr 11, 2021 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Favorite Boglehead-ish Podcasts?
Replies: 25
Views: 2063

Re: Favorite Boglehead-ish Podcasts?

I really like “Afford Anything” with Paula Pant. My opinion is skewed because she is also a real estate investor.
by AerialWombat
Sat Apr 10, 2021 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Financing to Purchase Law Firm
Replies: 41
Views: 2922

Re: Financing to Purchase Law Firm

What is the basis for the valuation?

That’s an extremely generous price tag for a personal injury firm. What justifies that price?

I realize it’s not the question you asked, but it’s a question that needs answered to find the financing.
by AerialWombat
Sat Apr 10, 2021 10:06 am
Forum: Personal Finance (Not Investing)
Topic: house sale: check or wire?
Replies: 21
Views: 1035

Re: house sale: check or wire?

As a buyer, I’ve done both check and wire. I prefer check, and would want check on sale.
by AerialWombat
Sat Apr 10, 2021 9:59 am
Forum: Personal Investments
Topic: Protect savings from imminent inflation?
Replies: 24
Views: 2078

Re: Protect savings from imminent inflation?

Gamma Ray wrote: Fri Apr 09, 2021 9:43 pm What do we do to future proof our savings?
I dunno. Save more?
by AerialWombat
Sat Apr 10, 2021 9:43 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 173
Views: 15811

Re: Cryptocurrency - Bitcoin Continues to Soar!

Hit $61,000 :shock: :moneybag It’s crazy, for sure. Never thought I would be rebalancing from one imaginary asset to another, but I just converted some bitcoin to lumens. I assume you mean Stellar Lumens (XLM). Why is that? I am building a position to it and a hedge for XRP. Because I never thought...
by AerialWombat
Sat Apr 10, 2021 12:48 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 173
Views: 15811

Re: Cryptocurrency - Bitcoin Continues to Soar!

Corsair wrote: Sat Apr 10, 2021 12:08 am Hit $61,000 :shock: :moneybag
It’s crazy, for sure. Never thought I would be rebalancing from one imaginary asset to another, but I just converted some bitcoin to lumens.
by AerialWombat
Thu Apr 08, 2021 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card
Replies: 58
Views: 4621

Re: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card

I stopped churning earlier last year, and just now grew tired of tracking categories on other cards. This is now my main card. Simplicity.
by AerialWombat
Thu Apr 08, 2021 5:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14287
Views: 1101742

Re: U.S. stocks continue to soar!

So, I've never really paid attention to this, but it looks like indexes stop moving when the markets close, while underlying stocks, and so funds that track the indexes, continue to trade after hours. So, while the S&P 500 index closed just a hair under 4100, funds that track the index have mov...
by AerialWombat
Thu Apr 08, 2021 5:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14287
Views: 1101742

Re: U.S. stocks continue to soar!

Noted. :twisted: I thought the above poster was joking around? Did they do it for real? Given the phrase below the post, a joke (probably :twisted:). This thread is just a bunch of banter among friends... I don't take anything written here with seriousness. :beer I just saw the follow-up; I think t...
by AerialWombat
Thu Apr 08, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 164
Views: 20858

Re: Landlords: How are you doing this year?

Also 100% rent collection through the pandemic. Some utility billbacks have been slow paid, but eventually tenants caught up.

Rents raised on all lease renewals. Only churned one house, it was vacant for a day.
by AerialWombat
Wed Apr 07, 2021 12:23 pm
Forum: Personal Investments
Topic: How much cash do you really hold?
Replies: 91
Views: 6220

Re: How much cash do you really hold?

12 months of actual cash as EF. This is based on PITI, property management, and maintenance for all rental properties + PITI on personal residence + personal living expenses. EF is part of AA. It makes no sense to me to not include it. It’s only earning 0.4% to 1.05% (HYS and CD ladder), but it’s st...
by AerialWombat
Wed Apr 07, 2021 11:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14287
Views: 1101742

Re: U.S. stocks continue to soar!

I have a confession to make: I panicked yesterday because of these all time highs. Liquidated my entire 401k, including my “fun money” positions, and put it all back into Wellesley, which is where it all was until about 9 months ago. Now I don’t need to watch it gyrate. So you sold it out of one al...
by AerialWombat
Wed Apr 07, 2021 9:29 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14287
Views: 1101742

Re: U.S. stocks continue to soar!

I have a confession to make: I panicked yesterday because of these all time highs. Liquidated my entire 401k, including my “fun money” positions, and put it all back into Wellesley, which is where it all was until about 9 months ago. Now I don’t need to watch it gyrate.
by AerialWombat
Thu Apr 01, 2021 6:41 pm
Forum: Personal Investments
Topic: Retire with Less Than $1 million?
Replies: 175
Views: 35727

Re: Retire with Less Than $1 million?

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by AerialWombat
Thu Apr 01, 2021 12:25 pm
Forum: Personal Investments
Topic: Sell Rental Property?
Replies: 12
Views: 548

Re: Sell Rental Property?

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by AerialWombat
Wed Mar 31, 2021 4:43 pm
Forum: Investing - Theory, News & General
Topic: The Consequences of Ignoring Social Security - The White Coat Investor
Replies: 12
Views: 2421

Re: The Consequences of Ignoring Social Security - The White Coat Investor

I used to not include it in my modeling at all, but recently added it to the software I use for retirement planning. I use 75% of my age 62 benefit assuming I stop working now and am unable to replace all the zero income years that decimate my benefit calculation. This worst-case scenario would horr...
by AerialWombat
Tue Mar 30, 2021 1:19 pm
Forum: Personal Investments
Topic: ArkX
Replies: 24
Views: 2329

Re: ArkX

question is why do you want to? This morning, I bought 50 shares of this ETF (about $1,000) in the "fun money" portion of my 401k. Ironically, this purchase was largely funded by my gains on Virgin Galactic. Why? For no other reason than to support a fledgling industry that I truly hope t...
by AerialWombat
Tue Mar 30, 2021 1:05 pm
Forum: Personal Investments
Topic: ArkX
Replies: 24
Views: 2329

Re: ArkX

Is ARKX available for purchase through VG Brokerage? It’s an ETF, so yes. Vanguard does ban buying certain types of ETFs, by the way. For example, you can't purchase inverse or leveraged ones. https://investor.vanguard.com/investing/leveraged-inverse-etf-etn ARKX is neither, as far as I know. Great...
by AerialWombat
Tue Mar 30, 2021 10:50 am
Forum: Personal Investments
Topic: ArkX
Replies: 24
Views: 2329

Re: ArkX

Corgitodd wrote: Tue Mar 30, 2021 9:08 am Is ARKX available for purchase through VG Brokerage?
It’s an ETF, so yes.
by AerialWombat
Mon Mar 29, 2021 1:13 pm
Forum: Personal Consumer Issues
Topic: INT'L SUMMER TRAVEL (from US)
Replies: 25
Views: 1717

Re: INT'L SUMMER TRAVEL (from US)

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by AerialWombat
Mon Mar 29, 2021 11:44 am
Forum: Personal Consumer Issues
Topic: Why are Subarus so popular?
Replies: 114
Views: 6214

Re: Why are Subarus so popular?

I’m from the Rocky Mountain region, currently living in the PNW. I’m on my second Subaru, a 2016 Outback. Great in snow (yes, there are snowy passes in WA and OR). It’s a great tow vehicle. It’s easier to drive and park than a pickup. Plenty of interior room. I’ve hauled everything from debris to th...
by AerialWombat
Sat Mar 27, 2021 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Can I stop working?
Replies: 120
Views: 12247

Re: Can I stop working?

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