Search found 2091 matches

by AerialWombat
Fri Apr 16, 2021 9:29 am
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 54
Views: 5231

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

I’ve frequently thought it would be fun to buy up all shares of the cheapest publicly traded company that exists and reverse merge my other business into it. But who needs that headache. :oops:
by AerialWombat
Thu Apr 15, 2021 4:30 pm
Forum: Investing - Theory, News & General
Topic: Why Does Anyone Listen To Paul Merriman?
Replies: 73
Views: 6306

Re: Why Does Anyone Listen To Paul Merriman?

Where are you seeing this mythical two-fund portfolio you speak of? I'm seeing a portfolio of 11 funds with lots of required rebalancing: The most recent thing he's been touting, for the past couple years or so, is a TDF + SCV 2-fund portfolio. He even talked about this last year on the Bogleheads ...
by AerialWombat
Thu Apr 15, 2021 9:17 am
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 54
Views: 4011

Re: For those adding Crypto as an asset class to their AA

I started buying $100 lots of random coins/tokens in a Coinbase account two months ago. Just for grins and giggles. And then it doubled in value. Yesterday, I consolidated those 30 coins down to six. I may treat it a bit more seriously now and pump it up to 1% of my liquid portfolio. And that 1 is c...
by AerialWombat
Thu Apr 15, 2021 8:40 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 279
Views: 23363

Re: Cryptocurrency - Bitcoin Continues to Soar!

In my Coinbase account, I had a random smattering of holdings. Small amounts in almost 30 different tokens. Just consolidated it all down to just six: Ethereum Stellar Lumens Litecoin Celo Algorand Cardano To the moon! :moneybag wait you don’t have any Bitcoin? Nope! I consolidated down to the six ...
by AerialWombat
Thu Apr 15, 2021 1:25 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 279
Views: 23363

Re: Cryptocurrency - Bitcoin Continues to Soar!

In my Coinbase account, I had a random smattering of holdings. Small amounts in almost 30 different tokens. Just consolidated it all down to just six: Ethereum Stellar Lumens Litecoin Celo Algorand Cardano To the moon! :moneybag wait you don’t have any Bitcoin? Nope! I consolidated down to the six ...
by AerialWombat
Thu Apr 15, 2021 12:47 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 172
Views: 17298

Re: Did you move for better weather? Did you regret it?

If you moved for weather, did it live up to your expectations? Long term? I know very well that humans tend to get used to whatever situation they are in, and what seems like utopia for a week or two quickly becomes "the norm." When I semi-retired in December 2019, I decided to move to th...
by AerialWombat
Thu Apr 15, 2021 12:42 am
Forum: Investing - Theory, News & General
Topic: Why Does Anyone Listen To Paul Merriman?
Replies: 73
Views: 6306

Re: Why Does Anyone Listen To Paul Merriman?

FIREGuy88 wrote: Wed Apr 14, 2021 10:23 pm But the 3-fund portfolio seems infinitely easier to manage and is starting to blow the doors off of Merriman's small cap value strategy.
A target date fund + small cap value fund is a two-fund portfolio. That's even easier to manage than that cumbersome, archaic three-fund portfolio. :mrgreen:
by AerialWombat
Wed Apr 14, 2021 11:40 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 279
Views: 23363

Re: Cryptocurrency - Bitcoin Continues to Soar!

Prahasaurus wrote: Wed Apr 14, 2021 11:34 pm
AerialWombat wrote: Wed Apr 14, 2021 11:32 pm In my Coinbase account, I had a random smattering of holdings. Small amounts in almost 30 different tokens.

Just consolidated it all down to just six:

Ethereum
Stellar Lumens
Litecoin
Celo
Algorand
Cardano

To the moon! :moneybag
Sell 5
Nawwww, I like these 6. I'm diversified. :)
by AerialWombat
Wed Apr 14, 2021 11:32 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 279
Views: 23363

Re: Cryptocurrency - Bitcoin Continues to Soar!

In my Coinbase account, I had a random smattering of holdings. Small amounts in almost 30 different tokens.

Just consolidated it all down to just six:

Ethereum
Stellar Lumens
Litecoin
Celo
Algorand
Cardano

To the moon! :moneybag
by AerialWombat
Wed Apr 14, 2021 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: House appraisal in insane market
Replies: 10
Views: 979

Re: House appraisal in insane market

This is normal in a hot market. It’s called “appraisal gap”. Buyer needs to cough up cash for difference, get price concession, or walk.
by AerialWombat
Wed Apr 14, 2021 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 289
Views: 17966

Re: "Nobody's ever regretted paying off the mortgage."

I’ve been homeless, and that impacts my financial decisions. It can’t not, sans therapy. I’m the only real estate investor I know that pays extra each month on ALL of their mortgages. Late last year, I refinanced 3 properties to a 15 year term from 30. My remaining 30 year loans are on 20-year payof...
by AerialWombat
Tue Apr 13, 2021 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Good HSA accounts?
Replies: 43
Views: 2267

Re: Good HSA accounts?

I realize that it’s a small company that nobody has ever heard of before, but check out a broker called “Fidelity”. Great HSA offering. 8-)
by AerialWombat
Tue Apr 13, 2021 6:03 pm
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13848

Re: Another 2.8% SWR Article Quoting Wade Pfau

jarjarM wrote: Tue Apr 13, 2021 12:21 pm
AerialWombat wrote: Tue Apr 13, 2021 12:35 am All I want to know is: What number do I multiply annual expenses by?
+1, just give us the multiples and we can all move on :twisted:
I’ve decided to use 20 years of expenses, for reasons that have absolutely nothing to do with the context of this thread.
by AerialWombat
Tue Apr 13, 2021 5:39 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 167
Views: 10781

Re: Coinbase IPO - anyone tempted?

SlowMovingInvestor wrote: Tue Apr 13, 2021 5:30 pm I'm selling all my NFTs, GME stock, DogeCoin, MOON ETF and putting it all in CoinBase !
There appears to be a disconnect between this statement and your username. :mrgreen:
by AerialWombat
Tue Apr 13, 2021 12:35 am
Forum: Investing - Theory, News & General
Topic: Another 2.8% SWR Article Quoting Wade Pfau
Replies: 252
Views: 13848

Re: Another 2.8% SWR Article Quoting Wade Pfau

All I want to know is: What number do I multiply annual expenses by?
by AerialWombat
Mon Apr 12, 2021 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Pre-retirement checklist, what is on yours?
Replies: 77
Views: 9172

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

One surprise for me was dental expenses. I have good retirement health coverage from employer and Medicare but oh those dental expenses are on me. I had 3 crowns in the first few years and my wife has major dental issues - the latest will cost about 20k. Make sure to get a dental checkup and tell t...
by AerialWombat
Sun Apr 11, 2021 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-retirement checklist, what is on yours?
Replies: 77
Views: 9172

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: 33
Views: 2943

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: 45
Views: 3696

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: 2162

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: 45
Views: 3696

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: 1062

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: 29
Views: 2979

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: 279
Views: 23363

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: 279
Views: 23363

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: 62
Views: 5307

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: 14601
Views: 1121005

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: 14601
Views: 1121005

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: 20870

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: 6280

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: 14601
Views: 1121005

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: 14601
Views: 1121005

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: 35797

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: 550

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: 2425

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: 2340

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: 2340

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: 2340

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: 1727

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: 6233

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...