Search found 47 matches

by Turkishcoffee
Mon Sep 21, 2020 7:58 am
Forum: Personal Investments
Topic: Is retirement in 2 years possible?
Replies: 43
Views: 5785

Re: Is retirement in 2 years possible?

My take away is the if we had to and were careful (I.e. reduce expenses significantly if needed) we could probably mathematically retire in the next two years; maybe even immediately. You also need to watch out about being too careful. If you delay your retirement until you are 60 then you might no...
by Turkishcoffee
Wed Sep 16, 2020 3:13 am
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 172
Views: 13991

Re: Is this guy trying to scam me on a car I'm selling?

I'm going to provide a slightly different opinion. Yes, this person could be trying to scam you. However, I think there's a decent chance they are not. I ran a business for 10 years or so and the language and style the person is using immediately strikes me of someone with a strong military backgro...
by Turkishcoffee
Fri Aug 28, 2020 6:41 am
Forum: Personal Consumer Issues
Topic: Hilton Head recommendation
Replies: 11
Views: 1393

Re: Hilton Head recommendation

Should have stated, we are trying for late March early April. I would think the water is still pretty cold then but I need it to coincide with Spring Breaks.
by Turkishcoffee
Thu Aug 27, 2020 6:29 pm
Forum: Personal Consumer Issues
Topic: Hilton Head recommendation
Replies: 11
Views: 1393

Hilton Head recommendation

Would like to plan a vacation at Hilton Head. It has been over 30 years since I’ve been there and would appreciate suggestions. I remember the names of palmetto dunes, sea pines and harbor town, but other than Harbour town being sort of a “town shopping center”, I don’t remember much. Any help with ...
by Turkishcoffee
Wed May 13, 2020 8:09 pm
Forum: Personal Consumer Issues
Topic: How to look for a good Primary Care Physician (PCP), and no price transparency...
Replies: 35
Views: 2182

Re: How to look for a good Primary Care Physician (PCP), and no price transparency...

Look for a board certified MD/DO with a good residency. It absolutely doesn’t matter which school they went to, residency counts a lot. Ask around for someone who has good communication and diagnostic skills and is a caring person. Personally, I don’t care if it is a family medicine or internist, bu...
by Turkishcoffee
Sun May 03, 2020 10:14 am
Forum: Investing - Theory, News & General
Topic: Why doesn't Warren Buffett follow his own advice?
Replies: 15
Views: 2360

Re: Why doesn't Warren Buffett follow his own advice?

Berkshire is a holding company for multiple businesses. This gives them some advantages that likely counter the ill effects of their size when investing. I listened to the whole meeting yesterday, and I must say, I don’t think it possible for Buffett to more strongly praise the wisdom of a low cost ...
by Turkishcoffee
Sun May 03, 2020 4:46 am
Forum: Personal Finance (Not Investing)
Topic: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe
Replies: 186
Views: 13594

Re: Podcast - Wade Pfau: The 4% Rule Is No Longer Safe

As a general rule, Pfau is likely right about a 4% withdrawal, but as many note on this thread, that assumes you don’t adjust as you go. As for the other stuff, Pfau works at the American college. If you ‘know what the American college does, it will answer the rest of your questions about his “selli...
by Turkishcoffee
Sat May 02, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: [Berkshire Hathaway Annual Shareholder meeting]
Replies: 52
Views: 4512

Re: Warren Buffett says the economy will overcome coronavirus

Takeaways: The following three are what he always says, very bogleish. *America will get through this *The S and P 500 is a great investment long term if you buy businesses and don’t speculate *He has no idea what the market will do in the near term, nobody does The following are my interpretation a...
by Turkishcoffee
Tue Apr 28, 2020 8:59 am
Forum: US Chapters
Topic: What is a Boglehead? Some Fun.
Replies: 53
Views: 3267

Re: What is a Boglehead? Some Fun.

How would you describe a Boglehead to your Grandmother? Either your grandmother already knows or is likely unwilling to listen at that point How would you describe a Boglehead to a group of college students? A smart person who invests a portion of every paycheck into a broad based market index fund...
by Turkishcoffee
Sun Apr 26, 2020 6:37 pm
Forum: Personal Consumer Issues
Topic: In your experience, what is the credit card with the best customer service?
Replies: 36
Views: 2151

Re: In your experience, what is the credit card with the best customer service?

Amex. Not even close. I keep it after all these years in case I’m overseas and need their help.
by Turkishcoffee
Tue Apr 07, 2020 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Boca Rotan, FL city to work and retire !!!
Replies: 30
Views: 3185

Re: Boca Rotan, FL city to work and retire !!!

Know Boca well. Pros: Nice weather, decent economy if working, beaches, short commute to museums and arts in Miami. Can be good social life fore retirees Cons- Extreme hierarchy of wealth. A lot of transplant NY'ers (that can be good or bad I guess), Poor public schools, If you are younger get read...
by Turkishcoffee
Thu Apr 02, 2020 1:13 pm
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6782

Re: What is your age/AA during this crisis?

age 65, single aa before 65% stock/35% stable value aa today 61% stock/39% stable value plan to rebalance back to 65/35 been retired for 6 years, not drawing anything from my portfolio Just curious, some would consider that an aggressive equity position (not judging), is there a pension if you don’...
by Turkishcoffee
Wed Apr 01, 2020 1:58 am
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6782

Re: What is your age/AA during this crisis?

Is anyone willing to share their age, marital status( for net purposes), asset allocation Before and After this crisis, and if willing, their net worth and/or years to retirement? How about you tell us what YOUR situation is, too? :wink: Had 3.2, now have 2.7 and have drifted to 58/32/10. Married a...
by Turkishcoffee
Tue Mar 31, 2020 8:02 pm
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6782

What is your age/AA during this crisis?

Is anyone willing to share their age, marital status( for net purposes), asset allocation Before and After this crisis, and if willing, their net worth and/or years to retirement? I think I’m looking to see just how much of a scaredy cat I’ve become. From other posts I’m surprised how highly tilted ...
by Turkishcoffee
Sun Mar 22, 2020 12:16 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 372
Views: 38679

Re: It's Not Different This Time

WW1 was never a “given” to win WW2 was never a given to win The Cuban missile crisis made the world feel like it was on the brink of utter destruction 20% interest rates in the 70’s Terrorists flying into buildings in 2001 2008 massive capital crunch and bank failures All were major problems, many o...
by Turkishcoffee
Sun Mar 22, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: Taxable rebalancing question during this crisis
Replies: 1
Views: 138

Taxable rebalancing question during this crisis

Let’s say I’m heavy in s and p 500 index funds right now, and have wanted to increase international.

Is this the time to do it by simply exchanging one fund for the other? Is this tax smart?
by Turkishcoffee
Wed Mar 18, 2020 6:37 pm
Forum: Investing - Theory, News & General
Topic: What Would Jack Bogle Do?
Replies: 45
Views: 3338

Re: What Would Jack Bogle Do?

maybe he would already have sold equities like he did prior to dot-com crash He sold prior to the dot com crash? Details? Thanks. His book "Enough": Pg 237 Quote from the book: "But late in 1999, concerned about the (obviously) speculative level of stock prices, I reduced my equities to about 35 pe...
by Turkishcoffee
Wed Mar 18, 2020 5:35 pm
Forum: Investing - Theory, News & General
Topic: What Would Jack Bogle Do?
Replies: 45
Views: 3338

Re: What Would Jack Bogle Do?

I think he would say “stay the course”, especially when it’s difficult. I also take comfort in some comments Warren Buffett made (and a big fan of Mr Bogle): “In the short term, the market is a popularity contest. In the long term, the market is a weighing machine." “Opportunities come infrequently....
by Turkishcoffee
Wed Mar 18, 2020 2:46 pm
Forum: Investing - Theory, News & General
Topic: Market keeps going down - and I'm giddy as a school girl! Anyone else?
Replies: 25
Views: 1623

Re: Market keeps going down - and I'm giddy as a school girl! Anyone else?

How about re-titling this thread To:

“Pray, give, and hope for all those being affected, I’m buying And investing as I believe in the long term prospects of business, and the American experiment”.

We will overcome this, but there will be real and deep pain to many levels of society.
by Turkishcoffee
Tue Mar 17, 2020 2:52 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3208
Views: 552817

Re: What are you up YTD? [Year To Date]

-20%

but whos counting..................;(
by Turkishcoffee
Wed Mar 11, 2020 2:33 pm
Forum: Investing - Theory, News & General
Topic: Any 50+ year olds buying?
Replies: 53
Views: 3917

Re: Any 50+ year olds buying?

Months ago I went to 57/43 allocation With the drop i now have $2.7M total and Im trying to retire in 5 years with $125k/year to live on. I now am seriously contemplating upping the stock portion of my portfolio. I have no idea where the bottom is and I have a hunch we have a ways to go down, but al...
by Turkishcoffee
Thu Feb 20, 2020 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Downside of switching credit cards?
Replies: 10
Views: 762

Downside of switching credit cards?

I have had two credit cards forever. I added one recently to benefit from a significant cash back reward for spending for 4 months. I know too many cards can affect credit, but what is the down side to every 6 months or so taking advantage of another short term card benefit if I know I will spend th...
by Turkishcoffee
Sun Feb 09, 2020 8:49 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 968
Views: 134117

Re: How much money do you need to retire?

Iliketoridemybike wrote: Wed Aug 02, 2017 11:14 am Firecalc says I need $2.7 million. I have more than that now. 54 targeting retirement at 58.
I think these posts would be far more instructive if people clarified if their number is meant for one or two persons.

Anyone else think this would help?
by Turkishcoffee
Sat Feb 08, 2020 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's oncologist has stopped treatment, is recommending hospice
Replies: 93
Views: 15106

Re: Wife's oncologist has stopped treatment, is recommending hospice

My prayers are with you both. When my father went into hospice he was fortunate to have guidance to an excellent hospice team. One thing that really helped is knowing what is and is not covered under hospice care as “palliative care”. While not extending medical advice, we were quite surprised that ...
by Turkishcoffee
Sat Feb 08, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: [Professor Jeremy Siegel says 75/25 in retirement]
Replies: 87
Views: 9705

Re: [Professor Jeremy Siegel says 75/25 in retirement]

It's surprisingly difficult to find a real-world example of a time period when 60/40 would have been the tangent portfolio. 1978-2018, and assuming long-term bonds, comes close. I'm going to tweak the parameters just a bit to get a 60/40 optimum in order to illustrate my point. We'll keep the real ...
by Turkishcoffee
Sat Dec 07, 2019 7:57 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says 30 years Roth IRA to 1.3 million?
Replies: 239
Views: 22027

Re: Dave Ramsey says 30 years Roth IRA to 1.3 million?

I agree 100% the sentiment Ramsey does a disservice regarding his fees and actively managed funds. I also think his allocation is crazy aggressive. Having said all that, and assuming estimates of his wealth are remotely accurate, why doesn’t anyone get razzed about the money Charles Schwab or fideli...
by Turkishcoffee
Fri Nov 15, 2019 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Disturbing experience with Ally Bank
Replies: 92
Views: 13260

Re: Disturbing experience with Ally Bank

Never had a problem with ally until I had a problem, and they have been terrible. Paid almost a thousand toward a tax payment 6 months ago. Received notice from the tax agency they never received payment. Ally was totally disinterested even though they deducted my account. As the endorsement is not ...
by Turkishcoffee
Fri Nov 08, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Banking problem/question
Replies: 4
Views: 1078

Re: Banking problem/question

Well, just a follow up. I’m still battling this out. The tax authority has washed their hands and I had to pay them again. The online bank I use (ally) has been absolutely terrible. I have to call each time, they don’t use a reference number so I have to work my way through their ranks. Eventually t...
by Turkishcoffee
Fri Nov 08, 2019 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Amica - Auto Policy, only 6 months
Replies: 57
Views: 4725

Re: Amica - Auto Policy, only 6 months

I think they all do that now. A little off topic, but I have always read great things about Amica. Having said that, their rates are never competitive. I have great credit and a clean driving record. What am I missing? Price is not everything. AMICA's service blows away most companies. I compared A...
by Turkishcoffee
Wed Nov 06, 2019 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Amica - Auto Policy, only 6 months
Replies: 57
Views: 4725

Re: Amica - Auto Policy, only 6 months

I think they all do that now.

A little off topic, but I have always read great things about Amica. Having said that, their rates are never competitive. I have great credit and a clean driving record.

What am I missing?
by Turkishcoffee
Mon Oct 28, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: Furnace air filters
Replies: 37
Views: 3329

Re: Furnace air filters

I just don't believe that "contractors" always know what they are talking about. I have washable permanent filters because buying disposables in the size I need would be too expensive. Air filters are a perennial topic at bogleheads.org: https://www.bogleheads.org/forum/viewtopic.php?t=162847 https...
by Turkishcoffee
Mon Oct 28, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: New Computer with or without SSD?
Replies: 79
Views: 5914

Re: New Computer with or without SSD?

Don’t even think about a new computer without SSD. You will regret it. Sooooo much better, booting speed is night and day.
by Turkishcoffee
Thu Oct 17, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: Remembering a Beloved Family Pet
Replies: 14
Views: 1091

Re: Remembering a Beloved Family Pet

I am so sorry for your loss, we love dogs too and they provide amazing memories despite all the work. If you have a photo of him in his younger days there are plenty of artists on etsy or other sites who can make a really fine drawing for you that you can put on your wall. Give him that steak and I ...
by Turkishcoffee
Sun Oct 13, 2019 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Banking problem/question
Replies: 4
Views: 1078

Re: Banking problem/question

I'm not sure another bank would give me someone's account number. That would presume they knew where the money was deposited, which they don't.
by Turkishcoffee
Sat Oct 12, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Banking problem/question
Replies: 4
Views: 1078

Banking problem/question

I received a tax bill with a late penalty. Strange, since I checked and paid it in February. When I looked online my bank gives a photocopy of the front and bank, the endorsement is illegible. I sent the copies to the tax office, they emailed back stating they never deposited the check. I called my ...
by Turkishcoffee
Mon Sep 30, 2019 8:40 pm
Forum: Personal Consumer Issues
Topic: Ants immune to Terro or just lots of ants?
Replies: 38
Views: 8229

Re: Ants immune to Terro or just lots of ants?

Terro has always done the trick for me after they take it for a few days.

Every time I thought it stopped working I would find another area not clean, or with some sugar. Voila, the Terro would do the rest.

IMO getting things spotless is 99% of the battle.
by Turkishcoffee
Mon Sep 30, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Disputing fraudulent debit/paypal charge with Ally
Replies: 26
Views: 2117

Re: Disputing fraudulent debit/paypal charge with Ally

It won't help with this situation but when this gets cleared up it would be good to cancel that debit card. Problems like this where you have to fight to get your money back are the reason that I will not have a debit card. I only have credit cards and an ATM card. THIS. I am mystified why anyone w...
by Turkishcoffee
Mon Sep 30, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Disputing fraudulent debit/paypal charge with Ally
Replies: 26
Views: 2117

Re: Disputing fraudulent debit/paypal charge with Ally

I’ve liked Ally, but I’ve now had 4 incidents of unauthorized charges. New debit card given etc. and I don’t make many debit withdrawals.

Bad luck or it is ally?

Making the move away from Ally.
by Turkishcoffee
Wed Sep 18, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 11230

Re: “Upsizing” are we foolish?

Long time lurker and enjoy this website. Weve lived much the bogleheads lifestyle without knowing what a bogleheads was, but have certainly steered my investments to greater simplicity in the last few years I’ve read posts here. My spouse and I have 1 child, age 11. We live in a strong school distr...
by Turkishcoffee
Wed Sep 18, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 11230

Re: “Upsizing” are we foolish?

Well, we are still kicking this around. I appreciate the input and would like more. Its not a humblebrag, please know my question is sincere. To clarify, the NEW townhouse is $650k (and pricing likely to rise). Also, with spouse taking a lower income job, we likely will still be able to sock $30k aw...
by Turkishcoffee
Sun May 26, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 11230

Re: “Upsizing” are we foolish?

Not meant to be a humble brag, for what that’s worth. And our current home value is $399 k and to gain space in the realm of 2500as feet would be $650k so a difference of 250-300k
by Turkishcoffee
Sat May 25, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 11230

Re: “Upsizing” are we foolish?

i too would not be so quick to dismiss a 60+ year old house. in fact, i would prefer it. also, define "small" and "very tight". finally: when i was in your situation many years ago, the best advice i ever got was not to buy too much house. instead of moving, we added a bedroom for what it would hav...
by Turkishcoffee
Sat May 25, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 11230

Re: “Upsizing” are we foolish?

Forgot to mention we have $100k in a 529 and plan to spend about half to 75%% of their college.
by Turkishcoffee
Sat May 25, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 11230

Re: “Upsizing” are we foolish?

You can easily spend on a house of that price. When you become "empty-nesters" you will find that the nest is actually instantly full with something as soon as the kid moves out. Also kids come back if only to visit, along with a family in tow, eventually. Note you can probably just pay cash given ...
by Turkishcoffee
Sat May 25, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 11230

Re: “Upsizing” are we foolish?

mortfree wrote: Sat May 25, 2019 6:19 pm Wow. No mortgage and you spend 105k out of 135k??

Actually, we are experiencing a big pay cut going from $225k last year to what we anticipate around $130 k this year. But yes, I guess we spend a lot!
by Turkishcoffee
Sat May 25, 2019 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 80
Views: 11230

“Upsizing” are we foolish?

Long time lurker and enjoy this website. Weve lived much the bogleheads lifestyle without knowing what a bogleheads was, but have certainly steered my investments to greater simplicity in the last few years I’ve read posts here. My spouse and I have 1 child, age 11. We live in a strong school distri...