Search found 95 matches

by mr_brightside
Mon Nov 30, 2020 5:07 pm
Forum: Personal Consumer Issues
Topic: Winter in Florida
Replies: 16
Views: 1645

Re: Winter in Florida

check out Anna Maria Island (Gulf Coast / Bradenton area)

https://www.tripadvisor.com/Tourism-g63 ... tions.html



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by mr_brightside
Mon Nov 30, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: Is Our Olive Oil Real?
Replies: 56
Views: 5261

Re: Is Our Olive Oil Real?

darn it ... one more thing for me to worry about in 2020 ! :D :shock: :oops: :happy
by mr_brightside
Mon Nov 30, 2020 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone used a Career Coach for new college graduate?
Replies: 104
Views: 4236

Re: Has anyone used a Career Coach for new college graduate?

been in a mega corp for 20+ years... my advice is: network, network , network get on LinkedIn be approachable, engage, ask questions and LISTEN !! get a first job and KICK BUTT all the while networking. you would be surprised what opportunities will avail themselves the BEST jobs are usually 'inside...
by mr_brightside
Sun Nov 29, 2020 11:49 am
Forum: Personal Investments
Topic: Advice on IRA Withdrawal
Replies: 3
Views: 387

Re: Advice on IRA Withdrawal

i think you mean 'K' not 'M'... :D

and the taxes spread over three years


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by mr_brightside
Sun Nov 29, 2020 11:47 am
Forum: Personal Investments
Topic: Retirement calculator
Replies: 2
Views: 574

Re: Retirement calculator

dinkytown as many know has a bunch of great free calculators ... have been using them for years

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by mr_brightside
Sun Nov 29, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Online Banking-2FA, etc.
Replies: 6
Views: 455

Re: Online Banking-2FA, etc.

remember to make a very 'strong' password also

a lot of people err in this regard

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by mr_brightside
Sat Nov 28, 2020 10:40 am
Forum: Personal Consumer Issues
Topic: Wealth and Well Being?
Replies: 31
Views: 4286

Re: Wealth and Well Being?

definitely can get philosophical -- i am of the mindset -- 'for the LOVE of money is the root of all evil...' i seek not to LOVE money -- but to properly / responsibly value it and what it can do for me and my family -- and the church we support in the end -- it will be of no use to us anyway ... we...
by mr_brightside
Sat Nov 28, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: New car - cash or credit?
Replies: 38
Views: 2938

Re: New car - cash or credit?

thanks for posting your recent experience ! :sharebeer

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by mr_brightside
Sat Nov 28, 2020 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance - To self insure?
Replies: 28
Views: 2112

Re: Health Insurance - To self insure?

basically everything in life is a gamble her net worth is high... so theoretically she 'could' get by self-insuring and paying cash for medical services but one long-term hospitalization with some days in the ICU (COVID ?? -- or a bad car wreck ...) and you could kiss a lot of that good bye imo she ...
by mr_brightside
Sat Nov 28, 2020 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Housing once you have considerable assets
Replies: 49
Views: 4479

Re: Housing once you have considerable assets

OP, congrats on hitting the two comma club. Now, be careful not to get out over your skis. Man plans and God laughs. totally true we are also in this situation so the issue is relevant with us. we will be looking to retire in less than 5 years and figuring out our long-term housing will be an issue...
by mr_brightside
Sat Nov 28, 2020 8:14 am
Forum: Personal Finance (Not Investing)
Topic: My car insurance rate is $1000/month. HELP
Replies: 69
Views: 7205

Re: My car insurance rate is $1000/month. HELP

DEFINITELY shop it with several companies the companies -- in my experience -- have financial models which vary. their risk pools and expenses vary from state to state / company to company. so moving to the new state put you in a pool with a whole different 'bucket' of individual customers and assoc...
by mr_brightside
Sat Nov 28, 2020 8:09 am
Forum: Personal Finance (Not Investing)
Topic: New car - cash or credit?
Replies: 38
Views: 2938

Re: New car - cash or credit?

if you're financially responsible -- and can get a really low rate (~1%) -- i doubt it matters very much

as we have stated in numerous threads

how MUCH you pay for the car matters a lot more than HOW you pay for the car

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by mr_brightside
Sat Nov 28, 2020 8:05 am
Forum: Personal Investments
Topic: What happened to GE?
Replies: 48
Views: 6466

Re: What happened to GE?

almost 25 years in a different US mega-corp so I have an idea of what GE must be like from the inside. have read about GE for a long time also. Jeff Immelt -- what a disaster. i own about 1,100 shares bought fairly low that I will hold. why? two words: Larry Culp. At present - he seems to be the man...
by mr_brightside
Fri Nov 27, 2020 5:23 pm
Forum: Investing - Theory, News & General
Topic: FT article on "Lesson of Japan"
Replies: 8
Views: 1181

Re: FT article on "Lesson of Japan"

it's not just the aging population ... which IS a huge factor (Japan is one of the oldest in the world) it is also population growth japan had a 'flat' population for 30+ years and it is actually dropping now -- no way to grow a healthy economy in that environment ... literally reverse growth... US ...
by mr_brightside
Fri Nov 27, 2020 6:36 am
Forum: Personal Consumer Issues
Topic: Trading a BMW for a Toyota
Replies: 83
Views: 6270

Re: Trading a BMW for a Toyota

I would also look at a used Lexus.

Also -- look at a new Mazda 6. Excellent 'under the radar' car.

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by mr_brightside
Thu Nov 26, 2020 7:12 am
Forum: US Chapters
Topic: Staying Grateful
Replies: 37
Views: 2999

Re: Staying Grateful

Faith

Family

USA

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by mr_brightside
Wed Nov 25, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10536
Views: 833128

Re: U.S. stocks continue to soar!

loving my JWN position today

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by mr_brightside
Wed Nov 25, 2020 7:47 am
Forum: Personal Investments
Topic: Lump Sum vs DCA in Today’s Market
Replies: 104
Views: 6660

Re: Lump Sum vs DCA in Today’s Market

bugleheadd wrote: Tue Nov 24, 2020 10:49 pm 50% now and the rest in 6 months. set buy limits just in case it drops before 6 months.
my alchemy would look something like this

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by mr_brightside
Mon Nov 23, 2020 3:08 pm
Forum: Investing - Theory, News & General
Topic: Silliest Investment Mistakes?
Replies: 143
Views: 10619

Re: Silliest Investment Mistakes?

took some losses during the dot com era. had no strategy / vision back then. just threw money at the tech stuff and of course the bottom eventually fell out. but i got very 'lucky' w a real estate transaction a few years later that helped (right place / right time) ----------------------------------...
by mr_brightside
Mon Nov 23, 2020 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Lost Income (still) due to Covid - Advice?
Replies: 16
Views: 2233

Re: Lost Income (still) due to Covid - Advice?

if you have a 401k you can tap that (CARES Act) penalty free (still would owe taxes)

not that that is a great idea -- but if you struggle to makes ends meet it is an option

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by mr_brightside
Mon Nov 23, 2020 7:27 am
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 296
Views: 20696

Re: What is your age and asset allocation ?

50s

around 85/15

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by mr_brightside
Mon Nov 23, 2020 7:17 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with FOMO? [Fear Of Missing Out]
Replies: 204
Views: 9385

Re: Need reassurance - having FOMO

Some of us set aside some "fun money" that we can afford to lose. It is generally less than 10% of our assets. So, if you can afford to take the risk, go for it. (I use a small part of my Roth for individual stocks.) :wink: this is pretty much where I'm at. use a Roth IRA brokerage accoun...
by mr_brightside
Sun Nov 22, 2020 6:34 pm
Forum: Personal Investments
Topic: Continue Maxing Retirement or Buy a House? (Military)
Replies: 23
Views: 1537

Re: Continue Maxing Retirement or Buy a House? (Military)

Are you planning on being career military? I don't see the point in buying a house if you're going to move in 2-4 years to your next assignment. I agree. i was about to type the same thing. congrats on all your other savings though -- you are kicking butt in that regard my brother was 30 years USMC...
by mr_brightside
Sun Nov 22, 2020 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Received Debit Card from Credit Union We Don't Use
Replies: 48
Views: 3052

Re: Received Debit Card from Credit Union We Don't Use

... basically - someone fraudulently opens an unemployment claim using all your / wife's data... which is a felony you have to sign an affidavit you are NOT party to... the scamsters create a bank / CU account which will receive the govt funds ... hopefully... you don't notice very soon and even if...
by mr_brightside
Sun Nov 22, 2020 5:11 pm
Forum: Investing - Theory, News & General
Topic: How to teach your kids about money/wealth
Replies: 23
Views: 1380

Re: How to teach your kids about money/wealth

hundreds of small conversations (over the years)

and they still might not 'get it' initially (young adulthood)

it's a journey that's for sure

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by mr_brightside
Sun Nov 22, 2020 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Received Debit Card from Credit Union We Don't Use
Replies: 48
Views: 3052

Re: Received Debit Card from Credit Union We Don't Use

Any chance this is an unemployment debit card? That was a rampant scam here in AZ. this. we have been hit with this scam recently. really stinks. basically - someone fraudulently opens an unemployment claim using all your / wife's data... which is a felony you have to sign an affidavit you are NOT ...
by mr_brightside
Sun Nov 22, 2020 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this $725,000 house?
Replies: 162
Views: 11663

Re: Can we afford this $725,000 house?

Yes, you can. But I would get the mortgage closet to $400 than $500, especially since you already seen a bit nervous about this. With all that cash and home equity, easily doable. i agree with this provided you have relatively 'comfortable' job security (i realize in this day and age that's a bit o...
by mr_brightside
Sun Nov 22, 2020 12:30 pm
Forum: Personal Consumer Issues
Topic: Do I fix up 2006 Acura TL?
Replies: 30
Views: 1525

Re: Do I fix up 2006 Acura TL?

recently went through this with a 2009 Acura... we spent about $2k getting a major service done at about 175k miles. hoping to get another 75K out of it. we took it to an Acura dealership and because we were getting so much done -- they were quite reasonable price-wise another thing you can do - if ...
by mr_brightside
Sun Nov 15, 2020 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: How much do I need for retirement?
Replies: 15
Views: 2341

Re: How much do I need for retirement?

NLT 675,000

if you create a 'real' rate of return by subtracting your annual stated COL increase (2.5%) from your projected rate of investment return - 6% -- this gets you a rate of return of 3.5%...

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by mr_brightside
Fri Nov 13, 2020 5:02 pm
Forum: Investing - Theory, News & General
Topic: The Psychology of Money - A Blog Post
Replies: 151
Views: 16733

Re: "The Psychology of Money" by Morgan Housel

thanks for these recommendations -- I have ordered copies of these for some younger adults in the family

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by mr_brightside
Fri Nov 13, 2020 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Aging parents - who pays for expenses related to medical care
Replies: 109
Views: 5548

Re: Aging parents - who pays for expenses related to medical care

You should bill your parents for this as soon as they bill you for little league jerseys, childhood vacations and meals to feed your childhood friends during sleepovers. This cannot be serious. +1 this -- I'm still waiting for my Dad to bill me for the two cars of his I wrecked when I was a teenage...
by mr_brightside
Fri Nov 13, 2020 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 305
Views: 49324

Re: High Earner Careers?

If you want to make a lot of money as an employee, get a job selling something with generous profit margins, like software, to enterprises and other large customers. Technical people are also needed to keep the sales people out of trouble when the discussion turns to specifics. But the sales people...
by mr_brightside
Thu Nov 12, 2020 11:44 am
Forum: Investing - Theory, News & General
Topic: first million [in your retirement portfolio]
Replies: 170
Views: 24016

Re: first million [in your retirement portfolio]

late 40s. happy we could do it on one income raising a full family. modest living but not spartan by any means. chose a non-HCOL area for most of it... just have to make good choices and be like-minded financially. very nice to have a spouse who is not a superfluous spender. ------------------------...
by mr_brightside
Mon Nov 09, 2020 3:37 pm
Forum: Investing - Theory, News & General
Topic: So much for Schwab's user experience over Vanguard
Replies: 27
Views: 2527

Re: So much for Schwab's user experience over Vanguard

no issues for me on Vanguard today

checked a couple times and sold a small lot lot of PFE and some VEA

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by mr_brightside
Thu Nov 05, 2020 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Should I take lump sum pension or monthly pay?
Replies: 22
Views: 2028

Re: Should I take lump sum pension or monthly pay?

I would take the lump sum.

(Will theoretically be in the same position in ~2 years)

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by mr_brightside
Thu Nov 05, 2020 7:17 am
Forum: Personal Investments
Topic: Seeking advice - portfolio is spread out and I want to have better control
Replies: 41
Views: 2145

Re: Seeking advice - portfolio is spread out and I want to have better control

of course you can consolidate -- and if you had more than 10 I'd think it was a good idea but you could also just create a master list of all accounts and approx. balances on an xcel sheet and update it quarterly. one piece of paper keep a physical folder prominently located called : SUMMARY -- MAST...
by mr_brightside
Tue Nov 03, 2020 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Rent vs Buy - specific example could be a toss up
Replies: 19
Views: 1666

Re: Rent vs Buy - specific example could be a toss up

very similar to my recent situation we are renting for the first time in 20+ years ... no issues so far (in a metro area). wanted to get here specifically for the middle / high schools it's been kinda nice -- if there is an issue just call the landlord i think eventually we will move -- 2-3 years ou...
by mr_brightside
Tue Nov 03, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Energy & Oil
Replies: 89
Views: 6095

Re: Vanguard Energy & Oil

I equate it to cigarettes years back ... yes the US factors may be shifting... but there are hundreds of MILLIONs of humans who seemingly didn't get the memo on cigarette smoking. same thing with oil. HUGE populations in developing nations India / China / Brazil / Indonesia, nations in Africa, etc t...
by mr_brightside
Tue Nov 03, 2020 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Potentially unexpectedly high college expenses
Replies: 77
Views: 4896

Re: Potentially unexpectedly high college expenses

Let junior finance the difference if they truly believe that the out-of-state school is worth the incremental cost difference. The problem with this statement is that Junior almost-always doesn't have the means to finance the incremental cost difference. I don't see that as a problem, I see that as...
by mr_brightside
Mon Nov 02, 2020 7:17 am
Forum: Personal Investments
Topic: Vanguard Growth Fund VUG/Other similar funds
Replies: 13
Views: 1068

Re: Vanguard Growth Fund VUG/Other similar funds

Super response above !! :sharebeer

my gut tells me the current low interest rate environment would heavily favor the growth segment

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by mr_brightside
Thu Oct 29, 2020 8:22 am
Forum: Personal Investments
Topic: Bridge Funds for FIRE
Replies: 41
Views: 3900

Re: Bridge Funds for FIRE

make sure you familiarize yourself with the Rule of 55.

might be applicable
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by mr_brightside
Wed Oct 28, 2020 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Recently laid off, next move?
Replies: 13
Views: 2151

Re: Recently laid off, next move?

ever considered joining the military ? (JAG) https://www.goarmy.com/jag.html i've always heard military lawyers get a lot of responsibility early in their careers vs. comparable civilian positions might be worth checking if there are tuition repayment programs impressive credentials and the military...
by mr_brightside
Tue Oct 27, 2020 11:29 am
Forum: Personal Investments
Topic: Need Advice in Investing 1.3 million dollars which is all cash.
Replies: 12
Views: 3133

Re: Need Advice in Investing 1.3 million dollars which is all cash.

since you asked : 50% VTI 20% VXUS 20% BNDX 10% to buy individual stocks of your choosing (because eventually you're likely going to do it anyway...) :happy whether you do it all at once or purchase in chunks is another decision -- that's a call you have to make -------------------------------------...
by mr_brightside
Tue Oct 27, 2020 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Lump Sum or Pension Annuity?
Replies: 20
Views: 1843

Re: Lump Sum or Pension Annuity?

Quoting Steve Miller here - take the money and run. You never know what will happen to that pension payment in the future for a variety of reasons. this is always my gut feeling. i trust myself not to do anything stupid with it and know where / how to stash lump sums not all people are the same (ne...
by mr_brightside
Tue Oct 27, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: Friend’s Investment Strategy Envy
Replies: 71
Views: 7322

Re: Friend’s Investment Strategy Envy

My, at the time unemployed, younger brother made $1.3 million day trading in 2020. However he was in the hole -$.5 million after starting to trade in late 2019. He lucked out in that 1. he didn't give up like most sane people would have after being so deep in the red and 2. he lucked out in doing a...
by mr_brightside
Tue Oct 27, 2020 10:57 am
Forum: Personal Consumer Issues
Topic: Simplicity [Minimalist lifestyle]
Replies: 117
Views: 17814

Re: Any Minimalist Out There

yes ... definitely (but not to an extreme) i will never own a 'second property' when I am done with a pair of pants i cut the legs off and wear them as shorts for outdoor activities / that sort of thing i am of the have LESS / experience MORE mindset generally. but i wouldn't consider myself cheap a...
by mr_brightside
Tue Oct 27, 2020 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Car loan or cash
Replies: 26
Views: 1739

Re: Car loan or cash

It doesn't matter much. You can flip a coin. If you want to agonize over something, take a good look at how much you are spending on that car and spend less. agree. in the grand scheme how you pay matters less than how MUCH you pay. i suppose - as mentioned -- psychologically paying cash COULD make...
by mr_brightside
Tue Oct 27, 2020 10:43 am
Forum: Personal Finance (Not Investing)
Topic: College Merit Aid Question...
Replies: 43
Views: 2707

Re: College Merit Aid Question...

I don't see the ROI in going OOS. In nursing, there's not going to be a large pay differential between someone who went to UNC-Chapel Hill and Penn State. Although some kids simply want to get out of their home state. agree. one child got a 'full ride' OOS. i showed said child the school was 'less ...
by mr_brightside
Mon Oct 26, 2020 8:50 am
Forum: Investing - Theory, News & General
Topic: Friend’s Investment Strategy Envy
Replies: 71
Views: 7322

Re: Friend’s Investment Strategy Envy

My, at the time unemployed, younger brother made $1.3 million day trading in 2020. However he was in the hole -$.5 million after starting to trade in late 2019. He lucked out in that 1. he didn't give up like most sane people would have after being so deep in the red and 2. he lucked out in doing a...