Search found 68 matches

by Royal Blue
Thu Feb 27, 2020 2:43 pm
Forum: Personal Investments
Topic: Million in Cash, Buy in? What would you do?
Replies: 78
Views: 6880

Re: Million in Cash, Buy in? What would you do?

I’d find an AA you feel comfortable with and pull the trigger. Some say dollar cost average in over time, some say just go in at one time. Whatever helps you sleep at night. I personally put above and beyond my normal investment cycles when there’s a pull back of -10% or more. I bought more VTI toda...
by Royal Blue
Thu Feb 27, 2020 12:12 am
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1289
Views: 122224

Re: Well, I am market timing... Wish me luck.

I think the worse possible outcome is that you’re right. People suffer from a few successful bets and then spend their entire life thinking they’ve got that something special. You’ll end up being a market timer for life and probably would have done better and been less distracted in life by setting...
by Royal Blue
Wed Feb 26, 2020 11:41 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1289
Views: 122224

Re: Well, I am market timing... Wish me luck.

I think the worse possible outcome is that you’re right. People suffer from a few successful bets and then spend their entire life thinking they’ve got that something special. You’ll end up being a market timer for life and probably would have done better and been less distracted in life by setting...
by Royal Blue
Wed Feb 26, 2020 9:36 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1289
Views: 122224

Re: Well, I am market timing... Wish me luck.

I think the worse possible outcome is that you’re right. People suffer from a few successful bets and then spend their entire life thinking they’ve got that something special. You’ll end up being a market timer for life and probably would have done better and been less distracted in life by setting ...
by Royal Blue
Fri Jan 31, 2020 8:39 pm
Forum: Personal Investments
Topic: Middle aged dude starting from scratch with my proposed portfolio.
Replies: 58
Views: 5888

Re: Middle aged dude starting from scratch with my proposed portfolio.

Hello, I would not build my long term retirement plans on a fintech start-up that’s losing money hand over fist. Free trading is available at Fidelity that has trillions In custody or better yet Vanguard since you plan on putting the vast majority of your portfolio in their products. This will give ...
by Royal Blue
Thu Jan 30, 2020 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Shopping for car insurance anonymously and privately
Replies: 33
Views: 2658

Re: Shopping for car insurance anonymously and privately

It’s only available in Florida right now, but Squeeze.com does just that. They’re expanding nationwide this year. No, it doesn't. You have to give them your name, address, driver's license number, and birthday. That's not anonymous. You can’t get a real quote without revealing personal data, the po...
by Royal Blue
Thu Jan 30, 2020 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Shopping for car insurance anonymously and privately
Replies: 33
Views: 2658

Re: Shopping for car insurance anonymously and privately

It’s only available in Florida right now, but Squeeze.com does just that. They’re expanding nationwide this year.
by Royal Blue
Sun Jan 26, 2020 8:49 pm
Forum: US Chapters
Topic: South Florida Local Chapter
Replies: 470
Views: 120681

Re: South Florida Local Chapter

Enjoyed the meet up today. Thanks to Mel, Taylor, and Miriam for leading today’s meeting. Also, thanks to everyone who contributed food and beverages.
by Royal Blue
Fri Jan 24, 2020 9:53 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Does Recommend The 90/10 Portfolio
Replies: 109
Views: 18176

Re: Warren Buffett Does Recommend The 90/10 Portfolio

5 minute mark. Buffett isn’t talking about a person with a $100m portfolio https://youtu.be/SEZwkbliJr8 His advice is spot on. Just stay invested in the market and you don’t need much else He’s leaving his wife a 100mil, of which he’s stated in his will that it gets invested into to 90/10 portfolio.
by Royal Blue
Fri Jan 24, 2020 6:14 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Does Recommend The 90/10 Portfolio
Replies: 109
Views: 18176

Re: Warren Buffett Does Recommend The 90/10 Portfolio

He is planning on leaving her $100,000,000.00 you can allocate whatever you want when you’re in your 70’s or 80’s with a hundred million. Probably not the best advice for the average person. The absolute amount of money isn’t relative since he talks about a 3 or 4% withdrawal rate. From an intervie...
by Royal Blue
Fri Jan 24, 2020 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1284

Re: How to dispute inaccuracy in share prices

Now that everyone offers free trading (almost everyone) no need to use Robinhood unless you want a ton of leverage.
by Royal Blue
Fri Jan 24, 2020 2:26 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Does Recommend The 90/10 Portfolio
Replies: 109
Views: 18176

Re: Warren Buffett Does Recommend The 90/10 Portfolio

He is planning on leaving her $100,000,000.00 you can allocate whatever you want when you’re in your 70’s or 80’s with a hundred million. Probably not the best advice for the average person.
by Royal Blue
Thu Jan 23, 2020 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do cool with your money today?
Replies: 125
Views: 10616

Re: What did you do cool with your money today?

I doubled my money... I folded it in half and put it back in my pocket. :D Like this (matches the phase we are in): a hundred dollar bill and some change have been sitting on our table all week from a debit return. Nobody spent it, and nobody broke the 100 yet. Including DH, who quit smoking the en...
by Royal Blue
Thu Jan 23, 2020 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Career Thoughts - Taking a large pay cut
Replies: 39
Views: 3346

Re: Career Thoughts - Taking a large pay cut

He's not in tech? Marketing today is almost all tech. If he isn't a data-driven, campaign optimizer he won't have a job in 5 years as a marketer.
by Royal Blue
Thu Jan 23, 2020 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Career Thoughts - Taking a large pay cut
Replies: 39
Views: 3346

Re: Career Thoughts - Taking a large pay cut

I’d rent for a year or two. Get the lay of the land and see what his new work environment is like after the honeymoon ends. Plus you get a better feel for neighborhoods, shopping, traffic, crime, etc...
by Royal Blue
Thu Jan 23, 2020 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Do trusts protect from estate taxes?
Replies: 12
Views: 1340

Re: Do trusts protect from estate taxes?

There will be some estate taxes unless she has a spouse. There’s an 11mil lifetime gift tax exemption, so a portion of her estate will be taxed. If she’s married her spouse would also have an 11mil exemption and together they could pass 22mil. That assumes that they haven’t already used some of that...
by Royal Blue
Thu Jan 23, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on LLC
Replies: 9
Views: 653

Re: Advice on LLC

The benefits of an LLC or Corp would be running expenses associated with the consulting/Advising expenses. But you best best is to make sure they have D&O insurance and I'd ask to be added to that policy if possible. If they don't have Directors and Officers insurance, you could potentially expo...
by Royal Blue
Thu Jan 23, 2020 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Potential new job - longish post
Replies: 29
Views: 1755

Re: Potential new job - longish post

It’s obvious that you should stay in your existing role, once your company gets acquired, you can find a recruiter to look for CFO positions... being a controller at a 750mil+ company where you’re respected and has had a successful exit, will do more for your career than the other role being offered.
by Royal Blue
Wed Jan 22, 2020 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do cool with your money today?
Replies: 125
Views: 10616

Re: What did you do cool with your money today?

I doubled my money... I folded it in half and put it back in my pocket. :D
by Royal Blue
Wed Jan 22, 2020 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Advice on Accounts for Kids
Replies: 24
Views: 1597

Re: Advice on Accounts for Kids

Its not about having too much money (I certainly dont) but yes I am comfortable. I was only thinking this because I know I will leave my kids money and its theirs eventually - so if it makes more sense to give them some now (ofcourse not telling them right now) I am definitely open to that idea, ju...
by Royal Blue
Wed Jan 22, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Cost of living for a retiree in Alabama
Replies: 49
Views: 3694

Re: Cost of living for a retiree in Alabama

Cultivate a vegetable garden, a small 4X4 plot could easily feed two people. You should also find some local farmers (being in the country) that you could get milk, eggs, and meat from. Buy a catastrophic health insurance policy, it won't cost much and you'll be able to hedge against some illness o...
by Royal Blue
Wed Jan 22, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Cost of living for a retiree in Alabama
Replies: 49
Views: 3694

Re: Cost of living for a retiree in Alabama

Cultivate a vegetable garden, a small 4X4 plot could easily feed two people. You should also find some local farmers (being in the country) that you could get milk, eggs, and meat from. Buy a catastrophic health insurance policy, it won't cost much and you'll be able to hedge against some illness or...
by Royal Blue
Tue Jan 21, 2020 11:47 pm
Forum: Personal Investments
Topic: Paying for College: Option 2, Am I Nuts?
Replies: 70
Views: 5918

Re: Paying for College: Option 2, Am I Nuts?

Pay the mortgage off. I met a kid today that’s graduating from college this spring with zero debt. He’s worked while going to a state school. He bought a car with cash, saves 10% of his income. He’s accumulated $7k in a savings account since he started college, and he has zero debt. I convinced him ...
by Royal Blue
Tue Jan 21, 2020 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 12179

Re: to pre-nup or not?

I would find a way to get a 3 Bureau Credit Report from her. You need to know if there's debt/judgements lurking that you may feel obligated to pay once you're married. History of late payments, defaults... Relationships and marriage should be based on honesty and good faith, offered willfully . Th...
by Royal Blue
Tue Jan 21, 2020 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 12179

Re: to pre-nup or not?

I would find a way to get a 3 Bureau Credit Report from her. You need to know if there's debt/judgements lurking that you may feel obligated to pay once you're married. History of late payments, defaults... etc. On the other hand she has been a single mother, so I don't judge how much she's accumula...
by Royal Blue
Tue Jan 21, 2020 10:32 pm
Forum: Personal Consumer Issues
Topic: Benefits of buying things secondhand?
Replies: 93
Views: 7454

Re: Benefits of buying things secondhand?

- "Exercise equipment is often very gently used"


I saw once this most elaborate way to hang clothes, it was called a Bow-Flex. :D
by Royal Blue
Tue Jan 21, 2020 10:31 pm
Forum: Personal Consumer Issues
Topic: Benefits of buying things secondhand?
Replies: 93
Views: 7454

Re: Benefits of buying things secondhand?

You can get foot fungus from pre-owned shoes, I'd avoid... I wouldn't get a used mattress either thinking about it. (Stay away from things where sanitation could be an issue) I collect antiques which all seem to be on fire-sale at the moment, you are much better off buying antique furniture beds, dr...
by Royal Blue
Tue Jan 21, 2020 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: 5 - Ways to help you spend your retirement savings - Wisely
Replies: 23
Views: 2821

Re: 5 - Ways to help you spend your retirement savings - Wisely

Jonathan Clements blog humbledollar.com is a great place to pop in each day and snack on a nice tidbit of personal finance.
by Royal Blue
Tue Jan 21, 2020 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on moving to Pennsylvania
Replies: 53
Views: 4477

Re: Advice on moving to Pennsylvania

I moved to PA in the 1970's from the southeast. One thing I still have a hard time understanding is the myriad layers of government in PA. For instance, where I came from, you lived either in a City or, if not in the city limits, in a County. Ordinances, policing, local government, planning, school...
by Royal Blue
Tue Jan 21, 2020 3:52 pm
Forum: Personal Investments
Topic: Distressed and Special Situation Private Equity Funds
Replies: 1
Views: 236

Re: Distressed and Special Situation Private Equity Funds

Bain is a solid firm, those returns were due to lots of opportunities during the 2008-2009 crisis. There’s a lot of PE funds in the distressed asset space that have been closing recently because the market has been so strong, and they draw down the investor money on fees and don’t have a lot of deal...
by Royal Blue
Sun Jan 19, 2020 7:21 pm
Forum: Personal Investments
Topic: Want to pay cash for home; does my liquidity hold up?
Replies: 14
Views: 1430

Re: Want to pay cash for home; does my liquidity hold up?

I always tilt towards not having a mortgage. It’s peace of mind, and moving forward everyone is predicting lower market returns after this extended bull run. Perhaps when the market resets and stocks are on fire sale, get a home equity line of credit and take advantage if you don’t mind the risk.
by Royal Blue
Sun Jan 19, 2020 10:49 am
Forum: Personal Investments
Topic: Pay down mortgage or add to taxable account?
Replies: 28
Views: 2296

Re: Pay down mortgage or add to taxable account?

Casey, If paying off your mortgage is a priority as well as having a robust cash position, perhaps pay down the principal by 100k, keep 100k in HYS, then pay an additional 3k per month to principal on top of your mortgage payment and be mortgage free in 3 years before your wife goes part-time. It’s ...
by Royal Blue
Sun Jan 19, 2020 10:43 am
Forum: Personal Investments
Topic: Pay down mortgage or add to taxable account?
Replies: 28
Views: 2296

Re: Pay down mortgage or add to taxable account?

"Extremely low" does not equal $90k in taxable. Many of us can't even max out tax advantaged accounts let alone have almost $100k in taxable and $200k in cash to decide what to do with. Keep perspective on this stuff. Wouldn’t be a bad idea to also keep the perspective that not everyone e...
by Royal Blue
Sat Jan 18, 2020 3:53 pm
Forum: Personal Investments
Topic: advice on retirement portfolio for a $20m windfall
Replies: 60
Views: 12032

Re: advice on retirement portfolio for a $20m windfall

Yes, this represents the use of leveraged treasury bonds. Let me start by directing you to another thread I started a few months ago that discusses the risk parity concept and the idea of using leveraged treasury bonds at a basic level - https://www.bogleheads.org/forum/viewtopic.php?f=10&t=2890...
by Royal Blue
Fri Jan 17, 2020 10:28 pm
Forum: Personal Investments
Topic: Help me choose...... please and thank you!
Replies: 12
Views: 1289

Re: Help me choose...... please and thank you!

ChrisRx wrote: Fri Jan 17, 2020 9:48 pm Why are all the funds basis points all record highs?
You do know about actively managed funds right and the associated fees? :oops:
by Royal Blue
Fri Jan 17, 2020 8:41 pm
Forum: Personal Investments
Topic: Help me choose...... please and thank you!
Replies: 12
Views: 1289

Re: Help me choose...... please and thank you!

I’d try to educate your employer that the 401K plan you have is killing everyone with fees. Direct them to America’s Best 401K and do a fee comparison. Dentists are usually frugal guys, bring him a better option! Also, congratulations on getting your financial footing and encouraging your son to bre...
by Royal Blue
Fri Jan 17, 2020 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Life advice for recent graduate
Replies: 67
Views: 5247

Re: Life advice for recent graduate

If you're here you probably already have a head start to winning the game of life. I would read the following books: The Millionaire Next Door, and Stop Acting Rich both by Thomas J. Stanley The Simple Path to Wealth by JL Collins How to think about Money, & From here to Financial Happiness by J...
by Royal Blue
Fri Jan 17, 2020 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to structure a short term family loan
Replies: 22
Views: 1046

Re: Best way to structure a short term family loan

I wouldn't loan them anything. Let them make their own payments for their own education and pay it off in a year with their one lump sum. IMHO this make absolutely no sense for you to take on this risk so they can avoid paying interest for a year on a student loan. If you're so concerned that they n...
by Royal Blue
Fri Jan 17, 2020 7:33 pm
Forum: Personal Investments
Topic: Roth IRA or Kids/Minors
Replies: 24
Views: 1707

Re: Roth IRA or Kids/Minors

Do you mean after paying all the penalties and fees to fix the contributions that were contributed improperly? Promoting illegal activity on here is frowned upon even if it makes you kids a millionaire. Again referring to paying kids to do chores. While I cannot speak to on behalf of op and its int...
by Royal Blue
Fri Jan 17, 2020 1:05 pm
Forum: Personal Investments
Topic: What do we do now?
Replies: 16
Views: 1586

Re: What do we do now?

Lower your Golf handicap? :D Congrats on hitting your number!

If I were you, I'd probably only tweak the Foreign exposure. But that's just me, I get the jitters with Foreign central bank policy with negative interest rates and their debt. China is slowing (just hit a 30yr low)... etc.
by Royal Blue
Fri Jan 17, 2020 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to reduce spending -- suggestions?
Replies: 73
Views: 6767

Re: How to reduce spending -- suggestions?

Use a cash based system. The data is very very clear, you'll spend 15-25% less if you have to part with the green stuff vs swiping or other digital payments.
by Royal Blue
Fri Jan 17, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1693
Views: 246081

Re: Fidelity as a one stop shop

Fidelity online brokerage has such a superior user interface vs. Vanguards. Like 100X better. I was shocked at how poor it was to navigate the Vanguard web experience! Of course I buy Vanguard ETF's but via Fidelity.
by Royal Blue
Fri Jan 17, 2020 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: How to reduce spending -- suggestions?
Replies: 73
Views: 6767

Re: How to reduce spending -- suggestions?

The issue is that most mail order companies sell their lists to other mail order companies, so do online retailers. If you're a spender, your data will be passed around like a joint at a frat house!
by Royal Blue
Fri Jan 17, 2020 12:05 pm
Forum: Personal Investments
Topic: 30/70 in Accumulation Phase?
Replies: 80
Views: 8388

Re: 30/70 in Accumulation Phase?

At the end of the day even the most ideal portfolio will fall apart if you panic sell, so the best portfolio must take your own risk tolerance into account. The OP sounds like they have a very low risk tolerance, so for them, my best advice, if they were a close friend would be to work a little lon...
by Royal Blue
Thu Jan 16, 2020 8:32 am
Forum: Personal Investments
Topic: advice on retirement portfolio for a $20m windfall
Replies: 60
Views: 12032

Re: advice on retirement portfolio for a $20m windfall

risk parity portfolio (Portfolio 2) that has had less volatility (standard deviation) and better returns. EfficientInvestor - Thank you for taking time to present me with this portfolio, a few questions arise. 1. 360% allocation in VFISX? Is this 40%?? How do you get 360%? Is it leveraged? 2. -320%...
by Royal Blue
Wed Jan 15, 2020 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: should I be worried with having over 3M at one brokerage ?
Replies: 24
Views: 3740

Re: should I be worried with having over 3M at one brokerage ?

I wouldn't worry about it at all. Reply with your login details and certainly someone will check it out for you. <I KID>. But I have a serious point. I wouldn't be eager to share the amount you have and where you have it on an on internet. You are at risk of being social engineered. If you have eve...
by Royal Blue
Wed Jan 15, 2020 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: should I be worried with having over 3M at one brokerage ?
Replies: 24
Views: 3740

Re: should I be worried with having over 3M at one brokerage ?

In 2018 they had 2.5 Trillion in AUM. I think you'll be fine.
by Royal Blue
Wed Jan 15, 2020 7:12 pm
Forum: Personal Investments
Topic: Just retired. Too emotionally attached to hard earned $ to be in market and generate a "paycheck."
Replies: 75
Views: 8060

Re: Just retired. Too emotionally attached to hard earned $ to be in market and generate a "paycheck."

More money has been lost waiting on the sidelines for a market correction, than has been lost in an actual correction. Build a 3-5 year expense cash bucket, and draw down if and when a correction comes. Just because it corrects or there's a bear doesn't mean you have to sell. They always pass. Shill...
by Royal Blue
Wed Jan 15, 2020 5:07 pm
Forum: Personal Investments
Topic: advice on retirement portfolio for a $20m windfall
Replies: 60
Views: 12032

Re: advice on retirement portfolio for a $20m windfall

Spindrift - The private equity side is mostly growth-capital with private companies that are growing but aren't EBITA positive so they're between stages of Seed and Venture. As you know Venture Capital has moved way up stream they don't want deals unless positive EBITA (at least here on the East Coa...
by Royal Blue
Wed Jan 15, 2020 4:29 pm
Forum: Personal Investments
Topic: advice on retirement portfolio for a $20m windfall
Replies: 60
Views: 12032

Re: advice on retirement portfolio for a $20m windfall

Congrats on the sale of your company. Not to derail the conversation here, but I'd be curious to hear what resources were useful to you during the transaction, such as advisory firms or brokers or books. Or to hear how you and your partners learned to navigate a complex transaction. TIA... But for ...