Search found 49 matches

by soundwave
Thu Oct 29, 2020 8:14 am
Forum: Personal Consumer Issues
Topic: Help...we're getting a dog!
Replies: 157
Views: 8792

Re: Help...we're getting a dog!

Dogs are amazing but only if they have effective, attentive, loving, patient & dedicated owners! In short, it's up to you & your family to help your dog be amazing. When you bring a pet into your life, you are making a commitment to the animal for it's lifetime . This isn't a try & see h...
by soundwave
Sun Aug 09, 2020 9:48 am
Forum: Personal Investments
Topic: Portfolio Critique for a 91 year old woman
Replies: 27
Views: 2672

Re: Portfolio Critique for a 91 year old woman

Stinky: thanks! Hate to sell low but these seem like bad news. Thought I would replace it with something like Vanguard Tax-Managed Capital Appreciation Fund or TSM to start to add a little equity to the account and reduce taxable income. hcs77135: This can be an excellent time to "sell low&quo...
by soundwave
Fri Jul 17, 2020 9:03 am
Forum: Personal Consumer Issues
Topic: What surprised you the most once you retired?
Replies: 267
Views: 31825

Re: What surprised you the most once you retired?

Freedom from time schedules! Thank you, Nisiprius, for this wonderful passage: "S'pose they was a carnival or a circus come to town, or a ball game, or any damn thing." Old Candy nodded in appreciation of the idea. "We'd just go to her," George said. "We wouldn't ask nobody ...
by soundwave
Fri May 22, 2020 10:21 am
Forum: Personal Investments
Topic: Is Vanguard's Personal Advisor Service Worth It???
Replies: 138
Views: 11836

Re: Is Vanguard's Personal Advisor Service Worth It???

I can think of no reason to care whether you are in mutual funds or etfs. At Vanguard, these are different classes of the same funds. There is no reason to pay anyone to manage your portfolio. Post your information here and people will give you a portfolio for free. If you want to pay for something...
by soundwave
Tue May 12, 2020 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6755

Re: Broke mother-in-law retiring due to COVID-19

"Credit Card Debt / Collections - $25,000" Obvious poor spending habits. What prevents her from charging the credit card back to high $ once you pay off existing debt? Without a full acknowledgement & revision of her approach to finances, anything you & your family has the potentia...
by soundwave
Sat May 09, 2020 10:08 am
Forum: Personal Consumer Issues
Topic: Rocks or Mulch?
Replies: 37
Views: 2153

Re: Rocks or Mulch?

I had a similar area. Nothing holds. Mulch washes down and rocks drift down due to gravity. I planted Vinca and just let the area go wild and hit it with a weed-whacker once a month in the growing season. +1 Vinca is a super hardy ground cover & actually looks quite nice. It thrives in several ...
by soundwave
Fri Apr 24, 2020 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Moving out of NYC due to pandemic
Replies: 164
Views: 13410

Re: Moving out of NYC due to pandemic

You should also think deeply about your reasons for wanting to move, and whether the grass will actually be greener. I've lived in several places (Michigan, California, Massachusetts, Tidewater Virginia, Northern Virginia, and now Georgia), and so far none of them are "the best" place to ...
by soundwave
Mon Apr 20, 2020 9:03 am
Forum: Investing - Theory, News & General
Topic: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate
Replies: 622
Views: 32972

Re: Future 60/40 Portfolio has a 43% Chance of Failing with 4% Withdrawal Rate

As long as one is able to and has the assets, it would seem prudent to consider different baselines (rules of thumbs) such as: 3% is the new 4% withdrawal rate A variable withdrawal rate with a 3% baseline 30X at retirement at age 65 with no pension, etc, is the new 25X j :happy My plan exactly
by soundwave
Mon Mar 30, 2020 8:29 am
Forum: Personal Finance (Not Investing)
Topic: how much cash do you keep at home?
Replies: 130
Views: 8988

Re: how much cash do you keep at home?

Annually about $1000 of crisp new bills. Replenish each year in Nov/Dec when banks receive a nice supply. I get a variety of crisp 50's, 20's & 10's. Use this throughout the year for birthdays, graduations, weddings, etc.
by soundwave
Thu Mar 26, 2020 9:16 am
Forum: Personal Investments
Topic: Rick Ferri says to put aside something for "Bingo Money"
Replies: 76
Views: 9510

Re: Rick Ferri says to put aside something for "Bingo Money"

That’s great if you are able to do that and not be tempted to let it grow to a larger part of your portfolio. My IPS says, that due to past performance, I’m no longer allowed to buy an individual stock. I think my IPS is so mean but it says it’s just being strict because it loves me. I laughed out ...
by soundwave
Thu Mar 26, 2020 9:10 am
Forum: Personal Investments
Topic: Rick Ferri says to put aside something for "Bingo Money"
Replies: 76
Views: 9510

Re: Rick Ferri says to put aside something for "Bingo Money"

Sandtrap wrote: Wed Mar 25, 2020 5:42 pm Having grown up "dirt poor", I have a curious attitude toward money and what it represents.
Thus, I will pick up a penny on the ground, etc, etc. . . and never gamble a dime.

j :happy
Same here. Many pennies add up to dollars :moneybag
by soundwave
Sat Mar 21, 2020 9:05 am
Forum: Investing - Theory, News & General
Topic: "3 Charts That Show Why Investors Should Stay the Course Throughout Market Turmoil"
Replies: 31
Views: 5013

Re: "3 Charts That Show Why Investors Should Stay the Course Throughout Market Turmoil"

Kitty Telltales wrote: Fri Mar 20, 2020 11:36 am Woe to the investors who do not heed the advise of Jack Bogle and Taylor Larimore.

Stay well and keep posting Taylor. Your words give us strength.
+1 Thank you for all you do Taylor!
by soundwave
Fri Mar 20, 2020 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Under contract on home...thoughts?
Replies: 21
Views: 1619

Re: Under contract on home...thoughts?

Agreed, the inspection will tell you what you can negotiate on. The roof and paint sound like no deal to me if there are still serviceable years on them. The rest.. you signed a contract. The negotiations there are done. Try and do too much now and the sellers may tell you to get lost. +1 I've alwa...
by soundwave
Thu Feb 27, 2020 9:45 am
Forum: US Chapters
Topic: Where is Livesoft!?
Replies: 147
Views: 28709

Re: Where is Livesoft!?

tealeaves wrote: Thu Feb 20, 2020 12:07 am
I think I saw him last weekend. But I'm not positive that it was him. So I won't say where I think I saw him.
Possibly in your tea leaves? The bottom of the cups hold many secrets 8-)
by soundwave
Wed Feb 26, 2020 8:35 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1775
Views: 150600

Re: Coronavirus (Consumer Issues) How you are preparing?

I don't understand the panic peddling that is occurring. Common sense is more important than stocking up, which makes no sense whatsoever, especially regarding the masks. Wash your hands frequently, do not shake hands with others and cover your mouth when coughing. All basic stuff. And please, coug...
by soundwave
Sat Feb 22, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 282
Views: 34365

Re: Did you celebrate when you finally hit $1m?

Texted my brother a wine glass emoji & he knew what it meant. He's the only one that knows. Then got back on with my day with a smile on my face 8-)
by soundwave
Mon Feb 17, 2020 9:39 am
Forum: Investing - Theory, News & General
Topic: At what age did you begin adding bonds?
Replies: 138
Views: 7684

Re: At what age did you begin adding bonds?

I think young investors should have at least a small portion of their portfolio in bonds so that they learn how bonds work under a variety of circumstances. +1 If a person is interested in learning. This is right on. Agree. After I added bonds (age 60), I was always watching to see how equities &am...
by soundwave
Fri Jan 31, 2020 11:47 am
Forum: Personal Consumer Issues
Topic: Suggestions for wife's new luxury (or non luxury) SUV???? UPDATE: Thanks everyone for your help.
Replies: 138
Views: 9863

Re: Suggestions for wife's new luxury (or non luxury) SUV????

FWIW: I have a 2007 Acura MDX & still love it to this day. Any vehicle I have gets used (& treated) like a truck. Not sure about the current year models, however my 2nd row seat doesn't fold exactly flat but has a slight incline. LOVE the comfort of the seats, which will be challenging to fi...
by soundwave
Tue Jan 28, 2020 9:25 am
Forum: Personal Consumer Issues
Topic: Toy overload alternatives for grandparents
Replies: 104
Views: 5859

Re: Toy overload alternatives for grandparents

Something parents of older children might propose to grandparents: Now that my grandchildren are in elementary school, my annual "extra" gift to them is to fund one week of summer day camp. There are multiple options for every interest: Cooking camp, Harry Potter camp, computer camp (even ...
by soundwave
Sat Jan 25, 2020 7:38 am
Forum: US Chapters
Topic: Happy Birthday Taylor! 96 years young!
Replies: 139
Views: 5039

Re: Happy Birthday Taylor! 96 years young!

Happy Birthday, Mr. Larimore!

You continue to go far beyond "changing your little corner of the world". Your little corner is far reaching & life changing for so many, many investors, including me.

Happy Sailing!
by soundwave
Thu Jan 09, 2020 3:35 pm
Forum: Personal Consumer Issues
Topic: At what point do you donate/trash/sell/gift your junk?
Replies: 75
Views: 5216

Re: At what point do you donate/trash/sell/gift your junk?

I got over the sentimentality of things years ago & I've never looked back. I have a "staging area" in an out of the way location in my house for my "collections". Then, every week or two I'm dropping things off at the thrift store. Life is good when you no longer sort throug...
by soundwave
Fri Dec 06, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: Thank You Taylor Larimore
Replies: 28
Views: 5530

Re: Thank You Taylor Larimore

I guess this is an appropriate place to say thank you to everyone involved with this site. Admins, Mods, Advisory Team, & all the members. The wealth within this site is remarkable. I too can say because of Taylor & many like him, I am financially healthier than I have ever been. And I thou...
by soundwave
Tue Sep 10, 2019 7:47 am
Forum: Personal Finance (Not Investing)
Topic: In retirement, a $100 monthly expense needs $30,000 in your portfolio
Replies: 179
Views: 23556

Re: In retirement, a $100 monthly expense needs $30,000 in your portfolio

Assuming 4% portfolio withdrawals in retirement, this means that you need 25x your annual expenses in retirement (at least those that will be funded by portfolio withdrawals). It also means that you need 300x your monthly expenses. (For early retirees or those that just feel more comfortable with a...
by soundwave
Mon Sep 02, 2019 7:33 am
Forum: Personal Consumer Issues
Topic: How to repair drywall damaged by water leak
Replies: 17
Views: 1481

Re: How to repair drywall damaged by water leak

livesoft wrote: Mon Sep 02, 2019 5:26 am Suggestion: Do your research on youtube.com and not on bogleheads.org.
+1
by soundwave
Sun Sep 01, 2019 7:42 pm
Forum: Personal Investments
Topic: Learnings/Regrets from last two recessions
Replies: 91
Views: 13134

Re: Learnings/Regrets from last two recessions

Dot Com: Knew enough to save but thought diversified meant 2 different funds. Both funds were very similar & heavy tech. Was full time student, working part time & buried up to my eyeballs. Did nothing & let it all melt. Wouldn't have known what to do anyway so I continued to study my ch...
by soundwave
Sun Sep 01, 2019 12:32 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 428
Views: 76808

Re: Roll Call for the Retirement Class of 2019!

December 2019! I've been working a phased out retirement since 2015 & have decided that this is my year (at age 66). The phased plan has worked well for my transition into more personal time, rather than waking up and thinking "now what?" Many thanks to the Bogleheads sharing their wi...
by soundwave
Wed Jul 10, 2019 7:40 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 428
Views: 76808

Re: Roll Call for the Retirement Class of 2019!

December 2019! I've been working a phased out retirement since 2015 & have decided that this is my year (at age 66). The phased plan has worked well for my transition into more personal time, rather than waking up and thinking "now what?" Many thanks to the Bogleheads sharing their wis...
by soundwave
Thu Jul 04, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 141
Views: 16557

Re: Staying the course is so hard (support thread)

ER Guy, Great post. Thanks to you & thanks to all the responders that help each of us re-evaluate our own individual situations & goals. This post reminds me of this: In the words of a (highly compensated) radiologist to a (much less but still well compensated) colleague of mine that asked h...
by soundwave
Thu Jul 04, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 141
Views: 16557

Re: Staying the course is so hard (support thread)

MiddleOfTheRoad wrote: Wed Jul 03, 2019 8:30 am Haven’t you heard? The things to keep up with the Joneses are no longer house or cars. It is health, fitness, travel and financial independence. Get on it!
+1
by soundwave
Mon Jun 17, 2019 5:26 am
Forum: Personal Investments
Topic: ROTH asset allocation
Replies: 5
Views: 847

Re: ROTH asset allocation

I'm also interested in hearing people's thoughts on this. I am (80%) retired with only a small mortgage remaining at a low fixed rate. I subscribe to the 3 fund portfolio. My Traditional holds 80% of my total Vanguard IRA balance & my Roth holds 20%. My AA is 65/35, however it's not spread evenl...
by soundwave
Thu Jun 06, 2019 6:50 am
Forum: Investing - Theory, News & General
Topic: Thank you, Taylor Larimore!
Replies: 49
Views: 7030

Re: Thank you, Taylor Larimore!

Thank you Taylor! You continue to make an impact; your posts (whether financial advice or just stories from the past) were very influential on me when I first stumbled upon the forum, and continue to be something I look forward to. My sentiments exactly & I can't say it any better. Thank you Ta...
by soundwave
Tue May 14, 2019 6:18 am
Forum: Personal Consumer Issues
Topic: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?
Replies: 167
Views: 15780

Re: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?

Ask your vet for recommendations for a pet sitter/walker to let your pooch out. I would trust their recommendation much more than a website. Retirees often offer these services. I've never any problems with a dog door however it sounds like you might not trust the safety of your dog in your neighbor...
by soundwave
Wed May 01, 2019 8:30 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2115
Views: 258632

Re: Post your Financial Milestone Announcements Here

I just realized that I reached my own Land of Critical Mass last month and, dang, it feels good!

Thank you to each & every one of you for your thoughts & guidance. I have been challenged to do better & to be better because of you 8-)

And now to continue on the path that got me here...
by soundwave
Thu Apr 18, 2019 10:54 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 98
Views: 10497

Re: Thinking about selling stocks near all time highs

I've done the same thing myself recently albeit in a few steps. This mid 60's Boglehead decided that continuing on the path of an 80/20 AA was beginning (ha!) to look like foolishness. Took some nice gains & am very happy to go forward with my 65/35 AA 8-)
by soundwave
Sun Apr 14, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: What websites do you use for the latest investing news?
Replies: 51
Views: 4834

Re: What websites do you use for the latest investing news?

This website is the primary source for me. Posted external links people find are frequently good. +1 Although I subscribe to & follow the 3 fund portfolio, I am always seeking to gain more understanding of the financial world. Bogleheads postings & wiki contains a wealth of information &...
by soundwave
Wed Jan 09, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 15509

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

I'm on the low net worth end of the BH spectrum however am quite comfortable with my net worth as well as the lifestyle it provides. I continue to gain wisdom & benefit from people of all incomes & net worths & I will be forever grateful for the opinions & advice of others who are on...
by soundwave
Fri Dec 28, 2018 10:33 am
Forum: Personal Investments
Topic: How to monitor elderly parents' finances to protect them from fraud
Replies: 15
Views: 827

Re: How to monitor elderly parents' finances to protect them from fraud

Although I can't help with your question about "read only", I do have experience with assisting my mother through her later years (currently 89). As your parents are currently mentally sharp, I would avoid approaching them regarding your keeping an eye on their finances. Although I now do ...
by soundwave
Sun Dec 23, 2018 8:58 am
Forum: US Chapters
Topic: My Christmas Present To You
Replies: 109
Views: 14338

Re: My Christmas Present To You

I am relatively new to this forum & have been blessed at every reading. Mr. Larimore, thank you for your service to our country as a young man! So that you will know, I offer my appreciation to every one of my patients of your generation, both male & female. We owe our freedoms & way of ...
by soundwave
Sun Dec 16, 2018 7:37 am
Forum: Personal Consumer Issues
Topic: Nice gifts for young kids
Replies: 33
Views: 3012

Re: Nice gifts for young kids

onourway wrote: Sun Dec 16, 2018 6:44 am One of the most used toys in our house has been a set of Magna-tiles. Even several years later they still get a lot of use. Certainly ideal for the 4 year old, and the others will grow into them.
+1

The fun that kids have with these is endless!
by soundwave
Fri Nov 23, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 60
Views: 6323

Re: What financial advice have you been most grateful for?

alpenglow wrote: Wed Nov 21, 2018 5:24 pm Taylor Larimore's.
+1

I'm relatively new to the forum & read (listen) much more than I post. I have found that when Mr. Larimore posts, I need to listen. With that said, I am learning so much from so many. For each of you...I am grateful!
by soundwave
Thu Nov 22, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 17267

Re: Black Friday 2018

Looking for an OLED 4k TV, 77" or bigger. Also, what would be the best way to sell a 2-year-old, 65" LED TV? I'm trying to avoid craightlisting it. TravelforFun I'm in the Chicago area and have had good luck with LETGO. I've found that "Next Door" in Colorado & facebook gara...
by soundwave
Wed Nov 07, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 17093

Re: How much money are you leaving your kids after you die?

I have been blessed with a good work ethic & a "figure out a way" approach to life, given to me by my parents. I have raised my kids the same way. It took one a bit longer to embrace the "live on less than than what you make" lifestyle, but he's making up for lost time now &a...
by soundwave
Tue Aug 21, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 153
Views: 25595

Re: Is a million really the benchmark for retirement

I, too, am a single woman with a history of long living female relatives (into their mid 90's & still going). Pay attention to the responses that ask you to focus on your own expenses rather than other people's ideals & situations. It truly is YOUR expenses that matter. I use the 25X rule an...
by soundwave
Thu Aug 02, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Time to sell my 2003 Accord?
Replies: 33
Views: 2473

Re: Time to sell my 2003 Accord?

I've driven Honda's for several years now. I sold both my Honda Prelude & Honda Accord at 240,000 miles. My Prelude was still running great when I sold it, however my son was selling his Accord & I knew it was a really solid car. After driving the Accord for several years, it developed bigge...
by soundwave
Tue Jul 17, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: How much did your braces/invisalign braces cost?
Replies: 32
Views: 4907

Re: How much did your braces/invisalign braces cost?

Keep in mind that the teeth are only half of the equation. How the jaw aligns is a critical 1st step in this process. Make certain that whichever orthodontist you select takes this into account & corrects the jaw alignment prior to changing the alignment of the teeth. Although Invisalign are not...
by soundwave
Mon Jul 09, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: Article: Rich kids are counting on inheritance to pay for retirement
Replies: 31
Views: 5117

Re: Article: Rich kids are counting on inheritance to pay for retirement

averagedude wrote: Mon Jul 09, 2018 5:01 am I think millennials will be just fine.They will have challenges, just like every genereration, They will benefit from technological advances, will have less children, and will have a better life work balance with more leisure time than past generations.
+1
by soundwave
Sun Jul 01, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: Should I cancel my Colorado trip due to wildfires??
Replies: 19
Views: 2274

Re: Should I cancel my Colorado trip due to wildfires??

Since you have hotel reservations, I'm assuming you're not planning to do much backpacking/camping. Even if you're planning to do several day hikes, there's a myriad of options throughout Colorado where this is perfectly reasonable. I live in Denver & I have family in Durango. Although it's been...