Search found 523 matches

by iamblessed
Wed May 27, 2020 7:35 am
Forum: Personal Consumer Issues
Topic: Best cheapest internet provider
Replies: 9
Views: 702

Re: Best cheapest internet provider

Besides checking for competitors, the main way to save is to sign up as a new customer. Easiest if you have somebody else in the household, who can sign up using their name. Use a different internet connection (e.g., your cell phone, NOT connected to wifi) to check for new customer offers - if you ...
by iamblessed
Mon May 25, 2020 7:40 pm
Forum: Personal Consumer Issues
Topic: Anyone buy a car from a rental car company???
Replies: 25
Views: 2571

Re: Anyone buy a car from a rental car company???

MathIsMyWayr wrote:
Mon May 25, 2020 1:38 pm
Actually, I drive rental cars more carefully and gently than my own cars. I don't want to go through trouble with someone else's car if anything goes wrong. Another reason is that I am not familiar with rental cars even if I am familiar with the particular model.
Me to.
by iamblessed
Sat May 23, 2020 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 4953

Re: What do people spend money on?

I retired at 38. I have much less $$$ than you.
by iamblessed
Sat May 23, 2020 7:25 pm
Forum: Personal Consumer Issues
Topic: Warning: Virginia State Inspection
Replies: 38
Views: 3720

Re: Warning: Virginia State Inspection

The idea behind inspections is good. The problems is there are just to many crooks around. I know two honest shops but most are not. If i was new to town they would be hard to find. So at the end of the day I have to say inspections are a scam because 90% of the shops will cheat you. I could not pas...
by iamblessed
Fri May 22, 2020 9:01 pm
Forum: Personal Investments
Topic: Re-balance advice; portfolio review; general insight
Replies: 6
Views: 495

Re: Re-balance advice; portfolio review; general insight

You might look at LifeStrategy Conservative Growth
by iamblessed
Sun May 17, 2020 4:59 pm
Forum: Personal Investments
Topic: BH for a year now; what to do with new $ from a real estate Sale
Replies: 22
Views: 1840

Re: BH for a year now; what to do with new $ from a real estate Sale

I would put everything in the Conservative Growth and call it a day. You will have to study if that would work for you tax wise. You might have to do it over several years for taxes. Great fund it only dropped about 10% in this coronavirus mess.
by iamblessed
Sat May 16, 2020 3:05 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10367

Re: Please tell me I'm not crazy [What to do with "idle" cash?]

There's been a lot of conversations had with my wife about financial security and investment strategy given all the unknowns of COVID and it's impact on the economy over time, unemployment, etc. We currently have enough cash on hand to support 4 months of living expenses (maintaining our current st...
by iamblessed
Sat May 16, 2020 2:35 pm
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4293

Re: How did you feel after giving notice to retire?

Assume you have enough money to retire with a very conservative asset allocation. Is it normal to have conflicting thoughts? Second guessing yourself. Maybe about how much money you are leaving on the table. Feelings of separation and loss. Can anyone relate to this? Francis There is always money o...
by iamblessed
Fri May 15, 2020 11:56 am
Forum: Investing - Theory, News & General
Topic: Should Vanguard offer a CMA/Service ?
Replies: 19
Views: 1528

Re: Should Vanguard offer a CMA/Service ?

I think Vanguard will have to offer CMA /Service to be competitive with other brokerages. So many other brokerages offer it I think they will be forced to. Vanguard has $6 trillion in AUM. The only competitor bigger is BlackRock with $7 trillion. Does BlackRock also need to offer CMA? Or are you fo...
by iamblessed
Thu May 14, 2020 8:59 pm
Forum: Investing - Theory, News & General
Topic: Should Vanguard offer a CMA/Service ?
Replies: 19
Views: 1528

Re: Should Vanguard offer a CMA/Service ?

I think Vanguard will have to offer CMA /Service to be competitive with other brokerages. So many other brokerages offer it I think they will be forced to.
by iamblessed
Mon May 11, 2020 7:15 pm
Forum: Investing - Theory, News & General
Topic: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?
Replies: 32
Views: 2686

Re: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?

From 1985 to 2020. Great time to be invested. I wish there was a site that went back a lot more in time. This is a rosy time 80's and 90's. Does anybody know of a site that goes back a lot more? More historical numbers won't give you anymore insight as to the future. I think it gives you better odd...
by iamblessed
Mon May 11, 2020 7:13 pm
Forum: Personal Consumer Issues
Topic: 90%+ chocolate bar
Replies: 67
Views: 4820

Re: 90%+ chocolate bar

Hi guys, Wondering if any of you found a high quality extra dark chocolate bar. I mean 90% or greater cocoa, and minimally processed. I found two at the store but I'm thinking there might be some that are less processed: Lindt has 90% and 95% but it uses alkali processed cocoa, also called dutch-pr...
by iamblessed
Sun May 10, 2020 7:03 pm
Forum: Investing - Theory, News & General
Topic: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?
Replies: 32
Views: 2686

Re: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?

firebirdparts wrote:
Sun May 10, 2020 6:03 pm
iamblessed wrote:
Sun May 10, 2020 12:00 pm
From 1985 to 2020.
Great time to be invested.
I wish there was a site that went back a lot more in time. This is a rosy time 80's and 90's. Does anybody know of a site that goes back a lot more?
by iamblessed
Sun May 10, 2020 3:23 pm
Forum: Investing - Theory, News & General
Topic: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?
Replies: 32
Views: 2686

Re: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?

Starting in the year 2000. I just ran Wellesley, Wellington and the sp500 at a 5% withdrawal. Wellesley and Wellington did fine. In the sp500 you would have gone broke in 2016.
by iamblessed
Sun May 10, 2020 3:07 pm
Forum: Investing - Theory, News & General
Topic: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?
Replies: 32
Views: 2686

Re: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?

tvubpwcisla wrote:
Sun May 10, 2020 12:03 pm
You will find with those tools you can run simulations to get any number want. Just change the product, number of years, etc...I would take that with a grain of salt.
I see what you mean I started at the year 2000 and it ran out of money in 2017.
by iamblessed
Sun May 10, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?
Replies: 32
Views: 2686

Going by PORTFOLIO VISUALIZER Wellesley Income fund lasted 35 years with a 9% withdrawal could this be right?

From 1985 to 2020. Is this right or did I punch in some wrong number? I looked at it several times maybe I am missing something?
by iamblessed
Sat May 09, 2020 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17342

Re: Quitting a job after two weeks: relocation expenses

I took a salary job like that. I ended up working 100 hours a week. People at McDonald's ended up making more than me. I quit after six weeks. What do you mean “salary job like that”. A non management McDonald’s position making $15 an hour would be considered extremely highly paid. If you were work...
by iamblessed
Fri May 08, 2020 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting a job after two weeks: relocation expenses
Replies: 196
Views: 17342

Re: Quitting a job after two weeks: relocation expenses

I took a salary job like that. I ended up working 100 hours a week. People at McDonald's ended up making more than me. I quit after six weeks.
by iamblessed
Fri May 08, 2020 6:56 pm
Forum: Personal Investments
Topic: Investing entire nest egg in taxable brokerage at once?
Replies: 7
Views: 816

Re: Investing entire nest egg in taxable brokerage at once?

Look at LifeStrategy Conservative Growth or LifeStrategy Moderate Growth because she is young. She's also unemployed, hence the "Moderate Growth" portfolio might be a little bit too much risk to take. I think I can get onboard with the LifeStrategy Conservative Growth fund. << I am not the OP, user...
by iamblessed
Fri May 08, 2020 6:55 pm
Forum: Personal Consumer Issues
Topic: Plunger reccomendation for newer toilets
Replies: 23
Views: 1279

Re: Plunger reccomendation for newer toilets

I need a plunger recommendation for newer toilets that don't have a circular opening at the bottom or have a part that is cutaway / nonuniform. A standard plunger will not make a good seal and do a poor job of moving any blockage. Any suggestions? (Non-emergency, but the recent thread on clogged si...
by iamblessed
Fri May 08, 2020 6:42 pm
Forum: Personal Investments
Topic: Investing entire nest egg in taxable brokerage at once?
Replies: 7
Views: 816

Re: Investing entire nest egg in taxable brokerage at once?

Look at LifeStrategy Conservative Growth or LifeStrategy Moderate Growth because she is young.
by iamblessed
Fri May 08, 2020 8:04 am
Forum: Investing - Theory, News & General
Topic: I read the ICA guide it is a 90/10 fund but ballpark information in the paper would be the same for the total stock
Replies: 4
Views: 379

I read the ICA guide it is a 90/10 fund but ballpark information in the paper would be the same for the total stock

market fund. This paper inspired me a great deal. It is put out by the american funds a load family. I do not believe in loads but this paper for the most part is great. I will not buy this fund nor am I telling you to buy. I felt better about the stock market after reading this. Here is the link ht...
by iamblessed
Fri May 08, 2020 7:40 am
Forum: Personal Investments
Topic: Portfolio changed
Replies: 4
Views: 480

Re: Portfolio changed

A great stock to cut your tax bill. Many Boglehead's favorite "single stock"
by iamblessed
Wed May 06, 2020 8:27 am
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7249

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

I guess the only way to know is to backtest test the idea. I am in the 12% tax bracket.
by iamblessed
Wed May 06, 2020 8:20 am
Forum: Investing - Theory, News & General
Topic: Why doesn’t BRK just buy SP500 index fund?
Replies: 37
Views: 3478

Re: Why doesn’t BRK just buy SP500 index fund?

Warren estate will when he passes away.
by iamblessed
Tue May 05, 2020 9:13 pm
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7249

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

TN_Boy wrote:
Tue May 05, 2020 5:01 pm
iamblessed wrote:
Tue May 05, 2020 4:53 pm
I was planning on maybe spending 30k to 55k a year depending what the dividends and capitals gains were that year. Do you think that would work?
To clarify when you say spend what "capitals gains were that year" do you mean the taxable capital gains distributions the fund pays out?
Yes
by iamblessed
Tue May 05, 2020 9:12 pm
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7249

Re: iamblessed

hi spending all the distributions takes reinvestment toward additional shares off the table, you would have to rely totally on nav growth to grow the portfolio a lot depends on how concerned you are about your portfolio's final value 1) do you want to grow the portfolio over your retirement 2) do y...
by iamblessed
Tue May 05, 2020 4:53 pm
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7249

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

I was planning on maybe spending 30k to 55k a year depending what the dividends and capitals gains were that year. Do you think that would work?
by iamblessed
Tue May 05, 2020 9:12 am
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7249

Re: If I put 1 million in Wellesley and lived on 35k a year how long would the money last if I took dividends and capita

I looked up the dividends and capitals gains for about 10 years they averaged 5.7%. The capital gains are cut down the next year after the market goes down. So that is not the big draw some people think. I think it is doable but one would need a budget that had a lot of flex to it. It might swing fr...
by iamblessed
Tue May 05, 2020 8:01 am
Forum: Personal Investments
Topic: Withdrawal from a three fund portfolio question.
Replies: 5
Views: 605

Re: Withdrawal from a three fund portfolio question.

You sell shares and withdraw the money. Presumably you are rebalancing all along, so if your asset allocation is not at your desired allocation, then you buy more shares of the one(s) that are too low. You get the money for buying shares from dividends, paychecks, pension or SS, or by selling share...
by iamblessed
Tue May 05, 2020 7:53 am
Forum: Personal Investments
Topic: delete
Replies: 39
Views: 7249

delete

delete
by iamblessed
Tue May 05, 2020 7:33 am
Forum: Personal Investments
Topic: Withdrawal from a three fund portfolio question.
Replies: 5
Views: 605

Withdrawal from a three fund portfolio question.

I have total stock, total bond and total international. I have had them several years. The first two are up but not the international. How do I withdraw money beyond the dividend without changing the asset allocation? Or do you withdraw money from the ones that are up and give the other one more tim...
by iamblessed
Mon May 04, 2020 7:51 pm
Forum: Investing - Theory, News & General
Topic: [Berkshire Hathaway Annual Shareholder meeting]
Replies: 49
Views: 3766

Re: [Berkshire Hathaway Annual Shareholder meeting]

So I listened to the whole Yahoo! podcast of the event. Buffett and Abel did an excellent job discussing all of the questions in a good-natured manner. The difficult points for Berkshire were not surprises (airline stake sold, businesses like precision castparts that sell to companies in the Boeing...
by iamblessed
Mon May 04, 2020 10:18 am
Forum: Personal Investments
Topic: Investment Advice When You Live in a No-Income Tax State?
Replies: 10
Views: 803

Re: Investment Advice When You Live in a No-Income Tax State?

I would not have to pay taxes if I lived in a tax free state. I could even own Wellesley in taxable with no taxes. I think it opens up the door for more investing ideas.
by iamblessed
Sun May 03, 2020 9:47 pm
Forum: Investing - Theory, News & General
Topic: [Berkshire Hathaway Annual Shareholder meeting]
Replies: 49
Views: 3766

Re: Berkshire Hathaway Annual Shareholder meeting

whodidntante wrote:
Sat May 02, 2020 5:55 pm
I think Buffett and I have the same barber.
He said he has not has a haircut in seven weeks.
by iamblessed
Sat May 02, 2020 11:44 am
Forum: Personal Investments
Topic: All-in-one fund recommendations
Replies: 46
Views: 3875

Re: All-in-one fund recommendations

delete
by iamblessed
Sat May 02, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Credit Score Dropping 2020
Replies: 17
Views: 2478

Re: Credit Score Dropping 2020

Same dropped 20 point. No reason I know of.
by iamblessed
Thu Apr 30, 2020 6:30 am
Forum: Personal Investments
Topic: how to go around ATM daily limit to withdraw cash for emergency
Replies: 25
Views: 2607

Re: how to go around ATM daily limit to withdraw cash for emergency

I think it is a good idea to keep a few thousand in a local credit union. There are no fees. There when you need it.
by iamblessed
Wed Apr 29, 2020 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire?
Replies: 22
Views: 2176

Re: Can I retire?

You can retire easy. The thing I would worry about is your estate plan. I think you will die with a lot of money. Do you have worthy people to give money to or do you need to spend more? Not an easy question for everybody.
by iamblessed
Mon Apr 27, 2020 9:20 pm
Forum: US Chapters
Topic: What is a Boglehead? Some Fun.
Replies: 53
Views: 2879

Re: What is a Boglehead? Some Fun.

A person that
-Lives in a cheaper home than they can afford
-Drives a car cheaper than they can afford (old corolla, camry)
-Invests only index funds
by iamblessed
Sat Apr 25, 2020 7:31 pm
Forum: Personal Investments
Topic: Mother has only $85K to sustain her
Replies: 81
Views: 8118

Re: Mother has only $85K to sustain her

Maybe Wellesley with dividends and capital gains it pays out about 6% a year on average. More risk that a CD but also a chance to make more.
by iamblessed
Thu Apr 23, 2020 7:24 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: 6154

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

Several years ago, in Bangkok, it seemed like every taxi was a Corolla.For first class great transportation, I would get a Corolla...if it fit my situation...which it does not at the moment. If I had to get a car for a family member, I would buy a Corolla without looking at anything else. Good poin...