Search found 78 matches

by BeanCity
Wed Jul 01, 2020 10:35 am
Forum: Non-US Investing
Topic: Owning rentals in the UK?
Replies: 1
Views: 138

Owning rentals in the UK?

What are your general experiences with owning a rental property in the UK? What about Airbnb? I am an American, and have an opportunity to inherit a small house (maybe worth 150k gbp), and I am wondering if it would be worth it to try and rent it out or Airbnb it, since it is in a fairly nice part o...
by BeanCity
Mon Apr 13, 2020 5:55 pm
Forum: Investing - Theory, News & General
Topic: Airbnb getting hit?
Replies: 50
Views: 4692

Airbnb getting hit?

Are people who bought properties with the intention of putting them on Airbnb for short term rentals getting hit significantly? I had to cancel multiple trips over the next few months due to covid 19, which made me wonder how the hosts are doing....how are you coping, if your demand has fallen?
by BeanCity
Mon Apr 06, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: Best website to view various stock charts?
Replies: 3
Views: 318

Best website to view various stock charts?

Is there a free website that is recommended to view and manipulate various stock charts, like AD lines, different moving averages, etc?
by BeanCity
Tue Feb 04, 2020 7:20 pm
Forum: Investing - Theory, News & General
Topic: Oil and Gas - Book recommendations
Replies: 35
Views: 2708

Re: Oil and Gas - Book recommendations

Just a few observations: 1.) Global demand for oil is not falling and won't be falling in the near future. Demand is expected to be at 101.6 million BOPD here in 2020. This is an increase of 1.5 to 2% from one year ago and 16.3 million BOPD since 2006. https://www.statista.com/statistics/271823/dai...
by BeanCity
Wed Jan 22, 2020 10:08 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 356
Views: 37965

Re: Anyone Deleting Facebook?

Day two of deleting all my social media, and it is honestly an uncomfortable feeling so far. I enjoy using twitter for news more than anything. However, I recognize that most of my social media usage is really not adding value to my life. So I am being radical : ) Plus I don't like how they track al...
by BeanCity
Mon Jan 06, 2020 12:54 pm
Forum: Non-US Investing
Topic: Favorite country to live in after FIRE?
Replies: 191
Views: 18780

Re: Favorite country to live in after FIRE?

My wife and I are retired and live six months each year in the EU. The six months we're not in the EU, we're either in our USA home or we're traveling to non-European countries (e.g., Australia, New Zealand, and South America). We rent an apartment in the EU and I've obtained permanent residency st...
by BeanCity
Tue Dec 31, 2019 4:50 pm
Forum: Non-US Investing
Topic: Favorite country to live in after FIRE?
Replies: 191
Views: 18780

Re: Favorite country to live in after FIRE?

In my late 20s I had the very fortunate experience of meeting my Mexican girlfriend. 5+ years later, living full time in Mexico has turned out to be the best decision of my life. The lower cost of living, along with the weakening peso, has been a huge help in getting my finances in order and gettin...
by BeanCity
Wed Dec 18, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 150366

Re: High Earners - What's Your Profession?

Director, Front Office Technlogy - Investment Management. I’m 36. $220k base + roughly 25% cash bonus + around 20% in restricted stock, so about $300k all in. I didn’t go to college. Started fairly low level when I was 18 at a company that outsourced tech staff for financial institutions....started...
by BeanCity
Wed Dec 18, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 896
Views: 150366

Re: High Earners - What's Your Profession?

Petroleum Engineers make about $90K-110K directly out of college, and then goes up from there.
by BeanCity
Mon Dec 02, 2019 6:05 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs. Bond Fund?
Replies: 51
Views: 3769

Re: Bonds vs. Bond Fund?

I am sure this is discussed heavily, but I haven't found an answer I can be satisfied with either way. https://www.bogleheads.org/wiki/Individual_bonds_vs_a_bond_fund What does the advisor say is the reason for his advice? His reasoning is that the "principal" fluctuates, and that we don't know whe...
by BeanCity
Mon Dec 02, 2019 5:53 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs. Bond Fund?
Replies: 51
Views: 3769

Re: Bonds vs. Bond Fund?

I am sure this is discussed heavily, but I haven't found an answer I can be satisfied with either way. https://www.bogleheads.org/wiki/Individual_bonds_vs_a_bond_fund What does the advisor say is the reason for his advice? His reasoning is that the "principal" fluctuates, and that we don't know whe...
by BeanCity
Mon Dec 02, 2019 3:10 pm
Forum: Investing - Theory, News & General
Topic: Bonds vs. Bond Fund?
Replies: 51
Views: 3769

Bonds vs. Bond Fund?

A friend of mine, who happens to be a financial planner, mentioned to me that he does not advise his clients to go into bond funds, and directs them to actual bonds. He does not manage my money, but I was intrigued that he had said that. Let's say I am about to make a decision to go 60% stocks (VTI)...
by BeanCity
Mon Nov 25, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: Where to live in the UK?
Replies: 3
Views: 775

Re: Where to live in the UK?

Where are the nicer places to live in the UK these days? Also, what are some reasons to live in one country vs another? It totally depends what you want. Outdoors? Verdant countryside? Urban vibe? Let's set aside London which is a given, but you pay the price for it. Hastings is now popular with th...
by BeanCity
Mon Nov 25, 2019 9:17 am
Forum: Personal Investments
Topic: FZROX vs. FSPGX vs. FSKAX
Replies: 14
Views: 1213

Re: FZROX vs. FSPGX vs. FSKAX

snailderby wrote:
Mon Nov 25, 2019 8:40 am
FZROX is virtually identical to FSKAX. Either is fine in a tax-advantaged account. In a taxable account, I would avoid both and use an ETF like VTI or ITOT instead.
Doesn't Fidelity have $0 commission fees on ETFs now? What is the recommended Fidelity Total Stock Market ETF?
by BeanCity
Sun Nov 24, 2019 10:48 pm
Forum: Personal Consumer Issues
Topic: Where to live in the UK?
Replies: 3
Views: 775

Where to live in the UK?

Where are the nicer places to live in the UK these days? Also, what are some reasons to live in one country vs another?
by BeanCity
Fri Nov 22, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff
Replies: 8
Views: 1164

Re: Mortgage Payoff

Congratulations on achieving one of your goals, and so young too! Onward and upward! I used to make paying off my mortgage a goal, but since my last refinance (down to 15 years, just under 12 remaining) I can't bear to do it at 2.5%. So instead every month one mortgage payment goes to my credit uni...
by BeanCity
Fri Nov 22, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff
Replies: 8
Views: 1164

Re: Mortgage Payoff

Congratulations!!! My "bit of life creep" has been splurging $20 every month on unlimited cars washes on my 10+ year old car. The key to moving forward is setting up your next goal and being laser focused with that. This is good feedback. It hadn't occurred to me to set a new goal yet. I suppose we...
by BeanCity
Thu Nov 21, 2019 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff
Replies: 8
Views: 1164

Mortgage Payoff

Just wanted to take a moment and thank the Boglehead community! I started following this forum about 2 years ago, and love the philosophy. I am very proud to say that DW and I have paid off our house this year in our late 20s. We now have zero debt and look forward to saving and investing for the re...
by BeanCity
Mon Sep 30, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off, but going to be OK! A thank you post.
Replies: 16
Views: 4382

Re: Laid off, but going to be OK! A thank you post.

Sounds like you were in oil and gas (Since your name is Colorado). Lots of layoffs out there.
by BeanCity
Fri Sep 27, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Beyond Meat Burger? Do you like?
Replies: 119
Views: 10372

Re: Beyond Meat Burger? Do you like?

The various farm lobbies are "concerned" about many of the food products becoming more popular - that are not "animal based". I follow these things, in part because I grew up on a family farm as well as that I have moved towards plant based eating (little or no animal products). I am sure my late f...
by BeanCity
Thu Sep 19, 2019 10:15 pm
Forum: Personal Investments
Topic: Recession strategy in a non-boggleheads fashion
Replies: 20
Views: 3129

Re: Recession strategy in a non-boggleheads fashion

Hi BGF, As a mental exercise, I like to try to think about alternate approaches to a problem I'm currently working on to help me understand my bias or blindspots. Today's problem is preparing for the (probable) upcoming recession. I know my personal context, assumptions, and strategy, but I'm hopin...
by BeanCity
Thu Sep 19, 2019 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads in Oil and Gas?
Replies: 38
Views: 3483

Re: Bogleheads in Oil and Gas?

Great to read the career experiences of everyone so far. I have worked in the industry for 9 years. Background is mostly in land but as I work for a small company I have some experience in many other facets of operations, development, production, and exploration. I consider myself fortunate to have...
by BeanCity
Wed Sep 18, 2019 9:18 pm
Forum: Personal Investments
Topic: Recession strategy in a non-boggleheads fashion
Replies: 20
Views: 3129

Re: Recession strategy in a non-boggleheads fashion

Hi BGF, As a mental exercise, I like to try to think about alternate approaches to a problem I'm currently working on to help me understand my bias or blindspots. Today's problem is preparing for the (probable) upcoming recession. I know my personal context, assumptions, and strategy, but I'm hopin...
by BeanCity
Wed Sep 18, 2019 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads in Oil and Gas?
Replies: 38
Views: 3483

Re: Bogleheads in Oil and Gas?

All fantastic posts. It is good to know there are other oil and gas bogleheads out there. I have worked on the upstream side for about 8 years now, and the pay is fantastic. I see the days getting closer where less engineers are needed to work an asset. To be honest, I would not be surprised if 20-3...
by BeanCity
Tue Sep 17, 2019 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads in Oil and Gas?
Replies: 38
Views: 3483

Bogleheads in Oil and Gas?

Are there many Bogleheads that work in the oil and gas industry? My observation is that there are many bogleheads or FIRE minded people in the industry, however, I never come across anyone who knows about the Bogleheads philosophy. I find that I have slight anxiety that my job category could potenti...
by BeanCity
Tue Sep 17, 2019 10:02 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 10052

Re: Do You Tip At Counter Service Restaurants?

Why don’t we tip grocery store baggers? They’re also providing a service and are low paid. Many would say you should, and would in fact assert that anyone who provides any personal service whatsoever deserves a generous tip. And if you don't agree, and comply, you're simply a bad person. Lolwhat :m...
by BeanCity
Tue Sep 17, 2019 9:55 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 10052

Re: Do You Tip At Counter Service Restaurants?

https://www.nytimes.com/2019/09/15/travel/ipad-tipping-gratuity.html "Those customer-facing, touch-screen payment systems in restaurants are confounding customers in the U.S. and beyond." I feel like it's getting out of control. What is the consensus here? This has been on my mind for a long time n...
by BeanCity
Tue Sep 17, 2019 9:30 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 10052

Re: Do You Tip At Counter Service Restaurants?

Yes I tip. If I have enough to buy prepared food from a vendor I can afford at least 10% tip. This is interesting logic. Not sure I agree. It comes from feeling gratitude that I have enough. Just because you have enough doesn't mean you should. That's like saying I am an NFL football player who has...
by BeanCity
Fri Sep 13, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Refinance or pay off mortgage?
Replies: 19
Views: 1879

Re: Refinance or pay off mortgage?

If you'll have enough liquidity after paying off the mortgage, I'd pay it off. A guaranteed 4.25% return (assuming you aren't deducting your mortgage interest) is unbeatable these days. Yes I have actually taken into some other considerations, and paying off the full mortgage right now would not be...
by BeanCity
Fri Sep 13, 2019 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Refinance or pay off mortgage?
Replies: 19
Views: 1879

Re: Refinance or pay off mortgage?

If you're definitely moving in the next couple years, I'd do neither and make the minimum payment until selling. I am currently paying an extra $1200 in principal/month. I do feel I could stop doing this and pay the minimum, and put the difference into the stock market. Why in the world are you pre...
by BeanCity
Wed Sep 11, 2019 5:45 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 10298

Re: Too Late To Get Back Into Stocks?

Yes, I understand that. I was one of those who did pull back signficantly in Nov '16 and lost out. I don't regret that decision. I gradually got back in in 2017 and have done okay. Why don't you regret that decision? I think I would have regretted it. Why don't you regret it? You lost money because...
by BeanCity
Wed Sep 11, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Refinance or pay off mortgage?
Replies: 19
Views: 1879

Re: Refinance or pay off mortgage?

daheld wrote:
Tue Sep 10, 2019 10:23 am
If you're definitely moving in the next couple years, I'd do neither and make the minimum payment until selling.
I am currently paying an extra $1200 in principal/month. I do feel I could stop doing this and pay the minimum, and put the difference into the stock market.
by BeanCity
Tue Sep 10, 2019 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Refinance or pay off mortgage?
Replies: 19
Views: 1879

Re: Refinance or pay off mortgage?

I probably wouldn't refinance in your situation. If moving that soon, you would want the lowest closing costs possible, or lender credits that way, and that may not lower your rate enough to make it worthwhile. But, looking around can't hurt any. There may be good deals out there. I would hang onto...
by BeanCity
Mon Sep 09, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance or pay off mortgage?
Replies: 19
Views: 1879

Refinance or pay off mortgage?

30 years old/married no kids/maxing out all IRA's, HSAs, contributing $4K/month to taxable index funds I currently have a mortgage rate of 4.25% on $300,000 loan. I have been seeing lots of adds for lower mortgage rates recently. If I were to talk to my mortgage company (or another one) about refina...
by BeanCity
Fri Sep 06, 2019 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Stressed Over Money 25 Yr. Old
Replies: 65
Views: 5389

Re: Stressed Over Money 25 Yr. Old

Sounds like you work in Oil and Gas! High salary but demands a lot of time.
by BeanCity
Mon Jul 29, 2019 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Help me live off my retirement funds
Replies: 24
Views: 4648

Re: Help me live off my retirement funds

StillLearning1977 wrote:
Mon Jul 29, 2019 12:54 pm
Rebalance (LTCG) quarterly to keep 33.33/33.33/33.33, that along with your dividends probably all you need to do.
How often do you rebalance? Once a month? Once a year?
by BeanCity
Mon Jul 29, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Help me live off my retirement funds
Replies: 24
Views: 4648

Re: Help me live off my retirement funds

Just think how much easier it'd be to set an automatic withdrawal from something like Vanguard Lifestrategy Moderate growth fund, where it does all of that rebalancing for you, for a small nominal fee over 3 fund. It's close enough to a 3-fund that hopefully they wouldn't object too much by this de...
by BeanCity
Mon Jul 29, 2019 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Help me live off my retirement funds
Replies: 24
Views: 4648

Re: Help me live off my retirement funds

Just think how much easier it'd be to set an automatic withdrawal from something like Vanguard Lifestrategy Moderate growth fund, where it does all of that rebalancing for you, for a small nominal fee over 3 fund. It's close enough to a 3-fund that hopefully they wouldn't object too much by this de...
by BeanCity
Thu Jul 18, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Help me live off my retirement funds
Replies: 24
Views: 4648

Help me live off my retirement funds

I definitely subscribe to the Bogleheads 3 fund portfolio. One thing I haven't really been able understand is how to use that money as income in retirement. For simplicity, let's say I have this amount, all in a taxable brokerage: $1 million - Total US Stock Market Index $1 million - Total Internati...
by BeanCity
Mon May 06, 2019 12:34 pm
Forum: Personal Investments
Topic: Warren Buffet's new investment ideas
Replies: 28
Views: 2937

Warren Buffet's new investment ideas

I thought it was interesting Warren Buffett just invested $10 Billion into the oil and gas industry (and said he would have done $20 Billion if they let him). In the age where the media portrays the oil and gas sector as a declining trend, WB bucks that thought, and must have some serious confidence...
by BeanCity
Tue Feb 19, 2019 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Easiest Way to Give $100k Cash to Non-Family Member
Replies: 62
Views: 5642

Re: Easiest Way to Give $100k Cash to Non-Family Member

What if they moved into the house and decided 2, 5, 10 years down the road they wanted to live somewhere else? If it was me, I would feel obligated to stay or have guilt wanting to move, even if it was in the best interest of the family. In a way by doing this, you own them. Even if they say they un...
by BeanCity
Tue Feb 19, 2019 10:26 am
Forum: Personal Investments
Topic: 26 with a dream for FIRE (already <3 my job).
Replies: 7
Views: 1294

Re: 26 with a dream for FIRE (already <3 my job).

At what age are you looking to retire? It makes a difference in what you do. Leaving California for a lower cost of living state would be a huge step towards "retiring early".
by BeanCity
Mon Feb 04, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Best Retirement / Investment properties right now?
Replies: 9
Views: 883

Re: Best Retirement / Investment properties right now?

Honestly, need a lot more background info than what you have provided.
by BeanCity
Wed Jan 16, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 115967

Re: Why are your NOT buying rental properties?

Rather than posting an example, can you give real figures of what you actually did/doing? I'm of the impression "good deals" are much harder to come by than what most people suggest. What did you pay? Financing? Cashflow? What do you estimate your overall annual rate of return is? If its close to 7-...
by BeanCity
Tue Jan 15, 2019 7:24 pm
Forum: Personal Investments
Topic: Need Advice on Building Taxable Account
Replies: 12
Views: 1210

Re: Need Advice on Building Taxable Account

After 8 years of toying around with picking individual stocks in my taxable account, I have not been satisfied with my performance nor risk profile. I am looking at pursuing a fresh start in my taxable and would like some advice on how to proceed. I would like it to be fairly simple, and would like...
by BeanCity
Tue Jan 15, 2019 9:50 am
Forum: Personal Investments
Topic: Debt free - now what?
Replies: 9
Views: 1221

Re: Debt free - now what?

I think more background information is needed, if you are willing to share.
by BeanCity
Tue Jan 15, 2019 9:40 am
Forum: Personal Investments
Topic: Need Advice on Building Taxable Account
Replies: 12
Views: 1210

Need Advice on Building Taxable Account

After 8 years of toying around with picking individual stocks in my taxable account, I have not been satisfied with my performance nor risk profile. I am looking at pursuing a fresh start in my taxable and would like some advice on how to proceed. I would like it to be fairly simple, and would like ...
by BeanCity
Mon Jan 14, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 501
Views: 60583

Re: What is/ was your career and would you recommend it now?

Thanks for posting this, and welcome. Great story.
by BeanCity
Thu Jan 10, 2019 9:46 am
Forum: Investing - Theory, News & General
Topic: 2019 tax law changes: do they affect your rental real estate business?
Replies: 0
Views: 265

2019 tax law changes: do they affect your rental real estate business?

How do the tax law changes in 2019 affect your rental real estate business?
by BeanCity
Thu Jan 10, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Are we at "Peak FI"?
Replies: 93
Views: 10748

Re: Are we at "Peak FI"?

That's Dr. White Coat to you! :) Both. I can live off my physician income. I can live off my blog income. I can live off what I could get by selling WCI, LLC. I can live off the investments I have now completely separate from the website. I'm definitely FI and definitely not RE. I agree RE is the b...