Search found 419 matches

by StealthRabbit
Fri Nov 22, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: What are the best jobs to downshift into?
Replies: 40
Views: 5258

Re: What are the best jobs to downshift into?

Since I missed what OP does do for career, or earnings expectations...tough to recommend a non related job for downshifting... I find the easiest $$ is speculative building lots. Buy a nice view lot with a lot of brush / trees / mess, spend a couple weekends on the bulldozer and tractor (fun). Seed ...
by StealthRabbit
Thu Nov 21, 2019 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Year off - need advice!
Replies: 13
Views: 1687

Re: Year off - need advice!

Take a few months and teach your kids to be bogleheads (I started mine at age 12, should have started them at age 8) Set yourself free and Head Out (I took several 3 mo to 1yr sabbaticals when able to travel with kids and spouse). We did a lot of 3-6month 'field-trips' 2016 we (couple) bought a one-...
by StealthRabbit
Tue Nov 19, 2019 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Rental property sell or rent?
Replies: 21
Views: 1752

Re: Rental property sell or rent?

Gains? Decide what similar investment properties you might want in lieu of SFR and do a 1031 Exchange. (Can even do 1031 into some REITs) I prefer NNN Commercial, (few hassles) but at the moment I have mostly SFR on rural view properties. (big hassle) I have also made good returns on bare land (View...
by StealthRabbit
Tue Nov 19, 2019 12:47 am
Forum: Personal Finance (Not Investing)
Topic: What to do (career/life)
Replies: 18
Views: 2102

Re: What to do (career/life)

Skill set? . Career interests? ..EDU? (maybe I missed those important facts) I'm all for 'un-dating' , as you find the really highest quality potential life mates when you are not looking! Post college / Community ed classes, Volunteer opportunities, social events (not bars) ie. City League sports, ...
by StealthRabbit
Mon Nov 18, 2019 1:26 am
Forum: Personal Finance (Not Investing)
Topic: More retirees have a mortgage
Replies: 116
Views: 7686

Re: More retirees have a mortgage

Good points...on why more elderly have mortgages... I consider... 1) liquidity is a benefit (while a younger retiree) 2) mortgage money is very cheap (today and for last 10 years). EZ to beat with returns from solid investments (I specifically use home equity for other "real estate"the same investme...
by StealthRabbit
Fri Nov 15, 2019 12:58 pm
Forum: Personal Investments
Topic: I need to rebalance, but hate paying capital gains tax.
Replies: 39
Views: 3013

Re: I need to rebalance, but hate paying capital gains tax.

1) Selectively sell appreciated assets (cost basis specific) 2) Direct your appreciated assets to your DAF (set up and fund your future benevolent gifting strategy) 3) Offset profits with 'other' investment expenses (I keep Commercial income properties around for just that reason) 4) Buy a future bu...
by StealthRabbit
Thu Nov 14, 2019 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: adult child moving back
Replies: 34
Views: 5203

Re: adult child moving back

For the living arrangement I wholly agree with above: 1) Have an exit plan, before you open the door. (Including infringements that will expedite that plan) 2) Write out the rules and post them. 3) Schedule shared space. (laundry, Kitchen) 4) Have separate cupboards and fridge for food. 5) Keep a 'b...
by StealthRabbit
Wed Nov 13, 2019 8:36 pm
Forum: Personal Investments
Topic: Help! What do I do with my children's money?
Replies: 33
Views: 2721

Re: Help! What do I do with my children's money?

1) Incrementally add to 529s if there is a benefit to that. 2) Open UGMA (mature at age 18) or UTMA (can prolong transfer to age 25). 3) As soon as they have Earned income start them in Roth and make them Bogleheads, then match 100% of their earnings to Roth until age 18 (incentive for them to conti...
by StealthRabbit
Wed Nov 13, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Forgotten Expenses in Retirement--Travel
Replies: 32
Views: 2638

Re: Forgotten Expenses in Retirement--Travel

We do not budget specifically for travel because we are gone most the time, as we have been for many yrs working international assignments. (now...Early Retirement, pre age 50, and finally approaching FRA in a few yrs.) $30k / yr is OK but a light year for us, and we travel very cheap. It is just pa...
by StealthRabbit
Wed Nov 13, 2019 1:26 am
Forum: Personal Finance (Not Investing)
Topic: How to start a business
Replies: 23
Views: 2107

Re: How to start a business

There are all kinds of free classes and information from SCORE (volunteers to small businesses) Also Fee Classes (Local and on-line) https://www.score.org/ SBDC is another free resource (often housed at Community Colleges) One needs to determine where your passion and skillset lies. Then match finan...
by StealthRabbit
Tue Nov 12, 2019 8:09 pm
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 192
Views: 14922

Re: Spend It All vs. Leave $$ for the Kids

Not gonna be able to spend it all, unless we go broke due to medical or liability issue. (Happened to many before me AFTER retirement, friends, family...) 100% of Remainder (including house, investments and investment properties) goes to DAF (Donor Advised Fund) established when we were in our 30's....
by StealthRabbit
Tue Nov 12, 2019 1:37 am
Forum: Personal Investments
Topic: alternative investments
Replies: 32
Views: 1753

Re: alternative investments

If you are handy and creative and live near a HCOL area, ... $500k (married... / $250k single) tax free gains on primary residence rolls is tough to beat. A co-worker bought 10 Acres of view property, split it into 10 parcels, build a shop with apartment on one of the parcels, then built and sold a ...
by StealthRabbit
Mon Nov 11, 2019 1:48 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy the family cottage?
Replies: 90
Views: 7272

Re: Should I buy the family cottage?

I would buy it and not care about most of the noise in this thread. Alternatively, if I couldn’t afford it, I would hope my sister would buy it. I wouldn’t care one bit about things not being equal. ... this...^^^^^^^^ 'Sharing' a cottage ownership / maint / responsibility / insurance / use... is a...
by StealthRabbit
Mon Nov 11, 2019 1:09 am
Forum: Personal Investments
Topic: Questions about Fidelity Charitable DAF
Replies: 34
Views: 1918

Re: Questions about Fidelity Charitable DAF

It's not your money any more, you have to accept that you don't have control over it any more. You have control, but not direct access to your DAF funds (for personal use) ...I do a DAF specifically to have control of investment choices and contributions. (Fidelity / Vanguard DAF is a breeze... com...
by StealthRabbit
Fri Nov 08, 2019 3:18 pm
Forum: Personal Investments
Topic: Boglehead investing through a major downturn
Replies: 58
Views: 6759

Re: Boglehead investing through a major downturn

OP, ( whoops...absent since May 2019 ) Are you going to Retire Early? (didn't note your 'exit plan' from income) That is pretty important in planning an overall strategy at age 50 (I pulled the plug at age 49, no spousal safety gate). Survived a bundle of downturns since 1970 and a LOT of benefit (b...
by StealthRabbit
Fri Nov 08, 2019 2:32 pm
Forum: Personal Investments
Topic: Boglehead investing through a major downturn
Replies: 58
Views: 6759

Re: Boglehead investing through a major downturn

survived some considerable downturns since 1970's and a LOT of upside... Had the BEST employer (fortune 50) until the 'witch' arrived and dismantled 60 yrs of greatness... tanked Market Valuation, and dissolved pensions, HC and 1000 hrs of accumulated sick leave + 300,000 high skilled jobs (of (3) c...
by StealthRabbit
Fri Nov 08, 2019 2:06 pm
Forum: Personal Investments
Topic: Investment Ideas
Replies: 82
Views: 5196

Re: Investment Ideas

having watched my parents and inlaws go broke AFTER retirement... I tend to be a tad more conservative. I do however use my home equity for investment leverage because I do not like the hassle of banks and loans. I ONLY use RE equity (home equity) for equivalent secure RE investments, of which there...
by StealthRabbit
Fri Nov 08, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Moved to new state, buying new car; what to do first?
Replies: 12
Views: 737

Re: Moved to new state, buying new car; what to do first?

as a 'thrifty' person... I would buy a car from a Sales Tax free State BEFORE moving to NC. (NH or DE are nearby options). Check NC rules, but my state requires you to own and register a car 60 days before moving to our state (otherwise you would have to pay Sales tax (9% here) When scrapping a regi...
by StealthRabbit
Wed Nov 06, 2019 6:44 pm
Forum: Personal Investments
Topic: How long before retire?
Replies: 14
Views: 2405

Re: How long before retire?

IMHO, you have enough to enjoy the moment. Now is the time to spend with the kids (if possible), Not sure what your ER plans are. When the kids get into High School they are pretty busy and independent, THEN / college is the time to go back to work (if you must). Second home... generally NOT a good ...
by StealthRabbit
Wed Nov 06, 2019 4:41 pm
Forum: Personal Investments
Topic: What's the Best Investment in Your Opinion?
Replies: 23
Views: 2325

Re: What's the Best Investment in Your Opinion?

"Investment" implies you want / expect growth / earnings. (there is risk and benefit to investing). You want all funds "Invested" at all times as possible to meet your needs. "Parking" the funds means you cannot risk not having them available at full value within a specified time frame. Different ob...
by StealthRabbit
Mon Nov 04, 2019 4:39 pm
Forum: Personal Investments
Topic: Too much tax deferred?
Replies: 27
Views: 3264

Re: Too much tax deferred?

Max the Roths as it fits your tax and deferral strategy. I would be looking at putting some current invest-able income into some 'other' investment options that can reduce your taxable brackets during retirement. (and now) 1) businesses 2) investment Real Estate (actively managed) 3) other income pr...
by StealthRabbit
Sun Nov 03, 2019 10:58 pm
Forum: Personal Investments
Topic: aapl stock, trailing stop, wwyd?
Replies: 10
Views: 1167

Re: aapl stock, trailing stop, wwyd?

you might just pull out enough to capture some gains / lock profits, and let the remainder AAPL ride the wave. I grabbed 40%+ gains earlier this yr from a Dec 2018 AAPL Buy point. Obviously I should have left more in the market to grow. Thus a good lesson why I am a Boglehead with 95% of the investa...
by StealthRabbit
Sat Nov 02, 2019 11:44 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 544
Views: 72460

Re: Flaunt Your High-Mileage Car

Nothing fancy... Daily Driver = $35 ' StealthRabbit' ('81 Diesel one owner, bought 20 yrs ago with odometer stuck at 330k, still getting 46 - 50 mpg (on free fuel / home brew)) Cost per mile (including capital cost of car well below $0.03 / mile) Less money spent on transportation = more money to gi...
by StealthRabbit
Sat Nov 02, 2019 11:33 pm
Forum: Personal Consumer Issues
Topic: 40th Anniversary Travel Ideas
Replies: 26
Views: 1998

Re: 40th Anniversary Travel Ideas

Amsterdam in early May would allow the tulips (and nearby flower mart) and Haarlem and https://en.wikipedia.org/wiki/Museum_De_Cruquius Come a few days early (26-27 April) and enjoy Kings / Queens Day (A very fun and unique Holland community event, very ORANGE!, country-wide flea market) https://en....
by StealthRabbit
Sat Nov 02, 2019 10:40 pm
Forum: Personal Consumer Issues
Topic: Anyone with experience in commercial construction?
Replies: 17
Views: 1469

Re: Anyone with experience in commercial construction?

Of course you've already checked the local zoning to ensure that your planned use of the property complies with local zoning rules . Some jurisdictions may differ on what's allowed or they could have other requirements for some uses, things like parking, fire safety systems, etc. Oh yes... This FIR...
by StealthRabbit
Sat Nov 02, 2019 10:24 pm
Forum: Personal Consumer Issues
Topic: Cruises, where to book?
Replies: 17
Views: 1690

Re: Cruises, where to book?

If this is a 'relocation' the rates may go down if it does not fill. We did the opposite route (Dubai > Venice) a few yrs ago for $100/ night for both of us, (Which I thought was a good deal, until I met two couples who got the same trip with upgraded cabins for $550/ cabin (19 nights) They booked '...
by StealthRabbit
Fri Nov 01, 2019 11:16 pm
Forum: Personal Investments
Topic: What to do with RMDs?
Replies: 21
Views: 2305

Re: What to do with RMDs?

If the kids are not currently in a position to max out contributions to their 401k plans, and if those plans have good investment options (low cost diversified index funds), the parents could consider reimbursing kids for additional contributions to their employer plan accounts and/or to their IRAs...
by StealthRabbit
Wed Oct 30, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Cost to build a house?
Replies: 28
Views: 2808

Re: Cost to build a house?

Cost to have a home built is very dependent on locale and finishes and labor rates. as a general rule... I would plan on $200 / SF of you have it 100% completed for you by a custom builder. (Our assessor uses $275/ SF) For those of us who build our own... $75/SF = $100/SF will suffice for most. (min...
by StealthRabbit
Sat Oct 26, 2019 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: LLC VS S Corp for small business owner
Replies: 4
Views: 344

Re: LLC VS S Corp for small business owner

Run it by your attorney. LLC is quite easy, and can be taxed like a corp, or taxed as a 'flow-through' (You choose 1, and not switch) If you have a liability exposure, non-co-mingled LLC will be the best tool (and only your Attorney, not CPA can advise on liability.) Quite depends on actual 'real' b...
by StealthRabbit
Sat Oct 26, 2019 11:31 pm
Forum: Personal Investments
Topic: Retire at 50(ish) possible?
Replies: 38
Views: 5911

Re: Retire at 50(ish) possible?

OP is quite light on total assets for sustained LT retirement. Consider doubling to $1.6 - $2m Consider some options. I would NOT buy a personal residence, but instead a cash flowing rental that has a spare apartment / cabin / RV site for myself, as well as providing 10% Income. LCOL overseas js fin...
by StealthRabbit
Sat Oct 26, 2019 11:20 am
Forum: Personal Investments
Topic: HELP! Close family member involved with Online Trading Academy
Replies: 12
Views: 1807

Re: HELP! Close family member involved with Online Trading Academy

I am not familiar with the classes, but there's nothing wrong with exploring the subject through classes, ... Is anyone aware of other/better sources for classes in classes in trading? Taking classes isn't equivalent to risking all your savings on your trading activity. Just like some of us own act...
by StealthRabbit
Sat Oct 26, 2019 10:46 am
Forum: Personal Investments
Topic: HELP! Close family member involved with Online Trading Academy
Replies: 12
Views: 1807

Re: HELP! Close family member involved with Online Trading Academy

ironically, many of my ex -coworkers (all engineers) do OTA (or similar type) trading. Not ez to beat the 'marketmakers', but some do fine. ALL have profited (educationally / financial risk) by doing 100% 'Paper-trading' until they can achieve 80% success rates. Some have lost a lot. Some have been ...
by StealthRabbit
Sat Oct 26, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: Should we downshift and move to Europe?
Replies: 40
Views: 5085

Re: Should we downshift and move to Europe?

It made a tremendous difference in our home life, and raising our .... Living and working overseas did this for our family ^^^^ Everyone thought we were nuts ("Expose your kids to THAT!!!!") yup, + No USA schools :) (GREAT!!!! we homeschooled / unschooled and traveled most of the time) Returned to ...
by StealthRabbit
Sat Oct 26, 2019 9:38 am
Forum: Personal Finance (Not Investing)
Topic: I no longer plan on retiring early
Replies: 110
Views: 15176

Re: I no longer plan on retiring early

Don’t discount the possibility of doing another 180. Energy levels change as you get older and the need for things, status and power begin to wane as you prepare for the journey back home. Yes... and a few 360's "Merry-go-round' Energy level (+/-) Leveraged buy-outs Severance incentives (One 'retir...
by StealthRabbit
Sat Oct 26, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: I no longer plan on retiring early
Replies: 110
Views: 15176

Re: I no longer plan on retiring early

Plan 'D" for me... Retire early, retire often 1) you might not get it right the first time. 2) too much fun to do only once 3) ER offers a LOT of opportunities (more free time to find interests and a LOT more people are interested in you (working for them). 4) Skills / certs are worth keeping curren...
by StealthRabbit
Sat Oct 26, 2019 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Who does your tax returns?
Replies: 103
Views: 5215

Re: Who does your tax returns?

I've been using TaxCut for what seems like 20 years. Before that, I did returns by hand. I've seen accountants screw up tax returns, so I figure I can't do too much worse. Taxcut since pre Y2K (Rental props, farm, business, LLCs, investment, 1031's, multi-state income (all income tax free states) a...
by StealthRabbit
Sat Oct 26, 2019 8:50 am
Forum: Personal Investments
Topic: Early 60s with a few questions
Replies: 6
Views: 1159

Re: Early 60s with a few questions

Seriously consider Roth conversions to your preferred marginal tax rate. (Adding to DAF or any deductible items* if needed to adjust income levels) * I use improvements to income props and DAF / section 179 accelerated depreciation for business assets Look for some total lifespan tax scenarios to ru...
by StealthRabbit
Sat Oct 26, 2019 8:03 am
Forum: Personal Investments
Topic: Paying for college
Replies: 12
Views: 1297

Re: Paying for college

Paying for college My kids started their Roths at age 12. They had nearly enough in Roth to pay for college, and FAFSA did not touch it (consider it as a EFC) To do it over again, I would start them in Roth at age 8. (Earned income required). I 100% matched their wages to Roth. (PT jobs, working on...
by StealthRabbit
Fri Oct 25, 2019 12:17 am
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads think about House Hacking?
Replies: 51
Views: 6063

Re: What do Bogleheads think about House Hacking?

Equity Sharing is a viable housing alternative for seniors. (Huge homes, no kids) Several Housing Co-ops forming up in my state. (A group of teachers did one 40 yrs ago, seems to always be full). I have always had multiple living spaces in my homes... ever since I became a caregiver for a disabled p...
by StealthRabbit
Thu Oct 24, 2019 1:28 am
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9772

Re: Do you plan to actually spend down your portfolio?

IDK, but I have been looking for and not found a Retirement planning tool that allows you to Spend to Zero. (Tho you can 'tweak' to get there in various forms, no options for what I desire to end up with.) Would love to have a tool that you could input EoL amount *~50k), and get an annual spend # ba...
by StealthRabbit
Thu Oct 24, 2019 1:13 am
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11651

Re: Ok to go without health insurance?

... This year health insurance premium increase is almost 15%. Will cost ~16K with family deductible of 12 K to stay in PPO network. Cheapest Option ~ 13K with family deductible of 13.5K for restricted in state network without access to most major teaching hospitals. //// each year 13k-16k goes to ...
by StealthRabbit
Mon Oct 21, 2019 11:41 pm
Forum: Personal Investments
Topic: Triple Net (NNN) Investing - anyone involved ?
Replies: 2
Views: 898

Re: Triple Net (NNN) Investing - anyone involved ?

I'm in lowest tax bracket, often below 10% effective rate. Investment RE has been about 40% of my wealth building and currently 80% of my cash flows (FIRE(d) @ age 49). RE is a tool with a lot of buttons for portfolio taxation / diversity benefit. I much prefer my NNN to my residential income props....
by StealthRabbit
Sun Oct 20, 2019 1:15 am
Forum: Personal Finance (Not Investing)
Topic: buying a car online in another state
Replies: 13
Views: 1172

Re: buying a car online in another state

I believe it was a loaner car. Some other possibilities would be; It was repossessed. It was in a fender bender while on a test drive and cannot be sold for new now. etc. For the right price things like that might be OK but it would still be good to have a mechanic check it out before your buy it. ...
by StealthRabbit
Sun Oct 20, 2019 1:00 am
Forum: Personal Finance (Not Investing)
Topic: Can you claim financial independence with kids still in school
Replies: 80
Views: 6091

Re: Can you claim financial independence with kids still in school

Yes, yes, YES... 1000 x yes... (FIRE ASAP!) My idea... Not shared by many :mrgreen: (I am the opposite of a conformist... ask my parents, teachers, bosses, spouse, friends, kids...) :wink: 1) Retire while your kids are home, go back to work (if you must) when they leave home! 2) Start a few family b...
by StealthRabbit
Sun Oct 20, 2019 12:32 am
Forum: Personal Investments
Topic: Retiring and Getting Over The Fear of Quitting?
Replies: 84
Views: 9817

Re: Retiring and Getting Over The Fear of Quitting?

1) You could read "Die Broke" for a quick 'attitude adjustment' as to how much your time is worth (to you). That book really helped a couple co-workers deal with their last 2 yrs of employment. If you have a great job with LOTS of vacation.. keep it till they kick you out. (I miss Paid Vacation, I t...
by StealthRabbit
Thu Oct 17, 2019 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity DAF--how to minimize fees
Replies: 27
Views: 2363

Re: Fidelity DAF--how to minimize fees

... We need/desire to do annual grants at a minimum of about 2% of the target balance - but do more when the balance goes above the target. ... We target 10% annual withdrawals from DAF, and try to obtain 10%+ growth. +/- DAF may deplete at age 80+ if we have some lean yrs of growth (likely) Runnin...
by StealthRabbit
Thu Oct 17, 2019 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity DAF--how to minimize fees
Replies: 27
Views: 2363

Re: Fidelity DAF--how to minimize fees

... We need/desire to do annual grants at a minimum of about 2% of the target balance - but do more when the balance goes above the target. ... We target 10% annual withdrawals from DAF, and try to obtain 10%+ growth. +/- DAF may deplete at age 80+ if we have some lean yrs of growth (likely) Runnin...
by StealthRabbit
Wed Oct 16, 2019 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: from a Community Foundation or my own checkbook
Replies: 9
Views: 664

Re: from a Community Foundation or my own checkbook

I have utilized DAF for (25+ yrs) great flexibility and service (Fidelity Charitable has won my DAF Acct, I originated at Community Foundation (very limited / expensive services, and they PREFERRED to ONLY fund THEIR agencies. (not my style / value set). Then I moved DAF to Vanguard, very nice, but ...
by StealthRabbit
Wed Oct 16, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 15
Views: 1432

Re: Roth conversion

There are several Roth conversion calculators online. Fidelity ran mine today on Emoney. I had B/E of 7 yrs, which is favorable Doing aggressive Roth conversions doubles my 'end-game' balance. With your large balance in Trad IRA, consider stepping up the conversions a bit. Can you offset contributio...
by StealthRabbit
Wed Oct 16, 2019 2:57 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity DAF--how to minimize fees
Replies: 27
Views: 2363

Re: Fidelity DAF--how to minimize fees

Yes, DAF fees are the cost of doing business to get an easy place to drop highly appreciated assets for future perpetual gifting. Different strokes... I set mine up 25 yrs ago and grew it enough to perpetually fund my charities / NGO projects (through retirement, and beyond) Kid's inheritance is the...