Search found 11 matches

by Youndo
Mon Feb 10, 2020 7:52 pm
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 264
Views: 20804

Re: What is your most luxury/expensive hobby.

Windylotus wrote: Mon Feb 10, 2020 12:43 pm Vintage electric guitars & amplifiers

I would love a pre-CBS early sixties Fender Stratocaster!
Hear you on the allure of collecting instruments. In my case, it’s high end custom built acoustic guitars and mandolins. Damn, that Brazilian rosewood aint cheap.
by Youndo
Sat Jan 04, 2020 3:37 am
Forum: Personal Consumer Issues
Topic: Is volunteering worth the hassle?
Replies: 98
Views: 8534

Re: Is volunteering worth the hassle?

I’ve volunteered in 3 settings while working and in retirement. - Animal shelters: loved the animals but there was always one volunteer who was ALWAYS there (no other life I guess) who took it upon themselves to boss the others around. Only put up with that for a few months in each case. - Suicide/c...
by Youndo
Mon Sep 16, 2019 4:31 pm
Forum: Personal Consumer Issues
Topic: New iPhone on sale for $599.99
Replies: 52
Views: 4438

Re: New iPhone on sale for $599.99

Whatever premium there is for iOS over android to get better data privacy and security from viruses, malware etc. is worth every penny to me.
by Youndo
Thu Jul 18, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: SNT (special needs trust) vs. Periodically funding ABLE with another source (regular trust? 529?)
Replies: 17
Views: 1039

Re: SNT (special needs trust) vs. Periodically funding ABLE with another source (regular trust? 529?)

As a side note, you may also want to look at conservatorship for your younger child, if you haven’t already.
by Youndo
Sun Jul 14, 2019 11:57 am
Forum: Investing - Theory, News & General
Topic: Retired: Do you withdraw from investments or cash ?
Replies: 74
Views: 10819

Re: Retired: Do you withdraw from investments or cash ?

Neither. Living on net income from commercial RE. Whatever is not spent is deposited into index funds or more properties.
by Youndo
Wed Mar 27, 2019 5:12 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1477
Views: 174359

Re: What frugal thing did you do today?

Continue driving my 30 year old Volvo with a bazillion miles. Hoping it lasts me another 30.
by Youndo
Thu Jan 17, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 118777

Re: Why are you NOT buying rental properties?

If OP wants to know about real estate talk to people who have been successful in real estate. People who have built a team/relationships of knowledgeable people who know how to evaluate good deals. There are good deals out there you have to know how to find and evaluate them. Buy real estate in par...
by Youndo
Wed Jan 16, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 118777

Re: Why are your NOT buying rental properties?

Most long-term studies of real estate, especially ones that look at multiple geographic areas, find that real estate values essentially track inflation over time. And that’s where leverage is your friend. Assuming values track inflation, an owner can realize much higher returns. For example, assumi...
by Youndo
Wed Jan 16, 2019 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 118777

Re: Why are your NOT buying rental properties?

Yellow house said he hasn’t had any problems in 24 months; not that he/she has been the owner for 24 months. Also, your 9.5% return appears to be calculated from present value. Likely YH paid less, plus you aren’t considering leverage. True, but if so that’s even more disingenuous. There are plenty...
by Youndo
Wed Jan 16, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 118777

Re: Why are your NOT buying rental properties?

I've got two rentals and I've put in exactly 0 hours doing anything to them in the last 24 months. One rental is valued at a little over 100k and rents for $900/mo, the other is worth 175k and rents for $1300/mo. I owe zilch on these properties and I'm very happy with their performances. I read man...
by Youndo
Sun Aug 26, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings
Replies: 26
Views: 2785

Re: NYT - Caring for Aging Parents, With an Eye on the Broker Handling Their Savings

I'm sure most of you know about this valuable free resource to check on financial advisors' "shenanigans", but just as a reminder, here it is. I checked on the advisor from this great NYT article and it looks like he's still working in the field, out in Southern California. Beware! https://brokerche...