Search found 712 matches

by 3504PIR
Sun Apr 21, 2019 3:37 am
Forum: Personal Finance (Not Investing)
Topic: leaving state job / pension. ..... bad idea?
Replies: 44
Views: 3294

Re: leaving state job / pension. ..... bad idea?

You’re 44 with no retirement savings. Even if you cashed out your pension you would need to save close to $50,000 per year toward retirement if you leave. Also I would assume in the private sector companies will begin to want to be rid of you beginning in about 6 years. If you get let go at 52 AND y...
by 3504PIR
Sat Apr 20, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Why diversification is not a viable strategy?
Replies: 231
Views: 11973

Re: Why diversification is not a viable strategy?

Diversity in investing is much more about correlation than it is about being “different.” One person my think bonds are diversified vs stocks (and they may be), but unless they behave differently in similar situations, it really has nothing to do with diversity.
by 3504PIR
Fri Apr 19, 2019 12:33 am
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6338

Re: What is your hobby and how did it come to be your hobby?

I am in a transition point in my hobbies as we prepare to leave Hawaii and my kayak is going up for sale in a week or so if anyone is interested :greedy I’ve generally had hobbies that are somewhat regionally aligned, like skiing or cycling which I’ve done off and on my whole life, now I have a cou...
by 3504PIR
Thu Apr 18, 2019 12:46 am
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6338

Re: What is your hobby and how did it come to be your hobby?

I am in a transition point in my hobbies as we prepare to leave Hawaii and my kayak is going up for sale in a week or so if anyone is interested :greedy I’ve generally had hobbies that are somewhat regionally aligned, like skiing or cycling which I’ve done off and on my whole life, now I have a coup...
by 3504PIR
Fri Apr 12, 2019 11:30 pm
Forum: Personal Consumer Issues
Topic: Gardening 2019
Replies: 46
Views: 3299

Re: Gardening 2019

I won’t get to plant until it’s time to put in autumn vegetables, but I’m really excited to begin my new garden at our retirement home in late June. I’ll update the thread once I finally get things going. 2020 will be epic though!
by 3504PIR
Thu Apr 11, 2019 9:05 pm
Forum: Personal Consumer Issues
Topic: Help Me Move to Low Country USA
Replies: 22
Views: 2834

Re: Help Me Move to Low Country USA

I think you’ll find exactly what you’re looking for with that budget. It’s really down to where you want to live in the region. I’m partial to St Simons, Beaufort and Savannah, but also really like the golf scene in Hilton Head. In general coastal or intercostal waterway is better than inland in the...
by 3504PIR
Thu Apr 11, 2019 7:26 pm
Forum: Personal Consumer Issues
Topic: Cleaning shingles (moss & mildew)
Replies: 27
Views: 2637

Re: Cleaning shingles (moss & mildew)

When we lived in FL I pressure washed our roof where we had similar moss. I would try the sprays first but if they don’t work, you can pressure wash on a moderate setting. In FL we had a gas pressure washer as I was regularly doing the drive, lanai or around the pool. Plus 1 on tree removal. We live...
by 3504PIR
Thu Apr 11, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Buying a bed
Replies: 42
Views: 2874

Re: Buying a bed

We’ve had a memory foam for about the last 20 years, 2 mattresses over that time. My plan on the next purchase is to buy a 4 seasons bed from the hotel chain. The all in cost is about $2300, so not horrible but more than a mattress in a box. I have trouble sleeping and a very bad back from too much ...
by 3504PIR
Tue Apr 09, 2019 7:02 pm
Forum: Personal Consumer Issues
Topic: How Much Do You Pay For Haircut?
Replies: 115
Views: 6206

Re: How Much Do You Pay For Haircut?

$11 plus a $4 tip = $15. I go every 4-5 weeks as I have time. My wife has done it, she’s good but insanely slow. I wish I could pop my head off and do it myself.
by 3504PIR
Sun Apr 07, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8319

Re: The "dividend preference anomaly"

Now I see what’s being assumed here. Larry Swedroe has gone on the record that the effect of dividends is in fact permanent in relation to the value of a share of stock. Similarly, several other financial authors have written that the effect is only temporary. On this forum, I will go forward with t...
by 3504PIR
Sat Apr 06, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8319

Re: The "dividend preference anomaly"

I disagree with the selling shares is the same as taking dividends argument purely from the worst case scenario point of view. In a long term negative return environment, selling shares can be catastrophic to a portfolio. ...How? It's exactly the same thing. Do the math. Take a period of time that ...
by 3504PIR
Sat Apr 06, 2019 6:26 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8319

Re: The "dividend preference anomaly"

I disagree with the selling shares is the same as taking dividends argument purely from the worst case scenario point of view. In a long term negative return environment, selling shares can be catastrophic to a portfolio. ...How? It's exactly the same thing. Do the math. Take a period of time that ...
by 3504PIR
Sat Apr 06, 2019 4:38 am
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8319

Re: The "dividend preference anomaly"

I disagree with the selling shares is the same as taking dividends argument purely from the worst case scenario point of view. In a long term negative return environment, selling shares can be catastrophic to a portfolio. ...How? It's exactly the same thing. Do the math. Take a period of time that ...
by 3504PIR
Sat Apr 06, 2019 12:37 am
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8319

Re: The "dividend preference anomaly"

I disagree with the selling shares is the same as taking dividends argument purely from the worst case scenario point of view. In a long term negative return environment, selling shares can be catastrophic to a portfolio. Other than that, in a positive return environment I think it’s apples to apple...
by 3504PIR
Tue Mar 26, 2019 3:09 pm
Forum: Personal Consumer Issues
Topic: Men's travel shoes. One pair for hiking/biking/walking/dining
Replies: 56
Views: 3748

Re: Men's travel shoes. One pair for hiking/biking/walking/dining

The problem for me is the "dinner" portion of the requirement. I wouldn't wear any of the linked shoes to dinner. I would throw a pair of casual shoes on top of my carry on and be done with it. Otherwise, look at Pikolinos which can be bought through Orvis.
by 3504PIR
Tue Mar 26, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off mortgage!
Replies: 88
Views: 7128

Re: Paid off mortgage!

Congratulations! I've just started my mortgage and have a long way to pay it off, but remind myself that every dollar matters in getting it paid off. Your paying off your mortgage is an inspiration to me and many others! Well done.
by 3504PIR
Sun Mar 24, 2019 7:28 pm
Forum: Personal Consumer Issues
Topic: Family vacationing
Replies: 49
Views: 5930

Re: Family vacationing

Go to Disney World, perhaps next year after saving the money. You’ll be amazed at how much fun it will be even if you don’t think your kids are into it. Go during spring break for better weather. Stay off resort at a reasonable hotel. All of you will love it especially your kids at that age.
by 3504PIR
Thu Mar 21, 2019 7:34 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 11475

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

While I 100% agree with the theme of the post, adequate vs luxury, I disagree with the numbers. The cost of the BMW is too high IMO, but that’s debatable, but the cost to own is way out of wack. The cost to own would be pretty even overall. Higher gas and insurance on the BMW, but higher maintenance...
by 3504PIR
Fri Mar 15, 2019 12:26 am
Forum: Personal Investments
Topic: I think I can retire. Help me with the confidence and a plan.
Replies: 29
Views: 4635

Re: I think I can retire. Help me with the confidence and a plan.

I would retire this summer or at least do something different if you need to do something with yourself.

Didn’t see this posted, but I’d move to a cheaper location, like Colorado or Bend, OR. Spend half or less of your equity on a great new house and then you’ll really be in great shape.
by 3504PIR
Sun Mar 10, 2019 12:55 am
Forum: Personal Finance (Not Investing)
Topic: What are your personal experiences with downside of early retirement?
Replies: 69
Views: 10096

Re: What are your personal experiences with downside of early retirement?

This is more in line with the OPs post, and not written with any intended ego. When I retired from the Army In 2008, i felt two emotions - one a combination of joy and relief as I’d used up 8 of my 9 lives in combat, and unexpectedly the othe was being shocked that the Army was letting me go at the ...
by 3504PIR
Sat Mar 09, 2019 11:09 pm
Forum: Personal Investments
Topic: TSP in Retirement
Replies: 41
Views: 3827

Re: TSP in Retirement

I am retired military and will retire from the GS world in May. I haven’t decided on exactly what my plans are for the TSP portion of our portfolio, as we won’t be accessing our funds for about 4 more years after we are able to at age 59.5, if then. My TSP is 100% G fund, which except for some I bon...
by 3504PIR
Sat Mar 09, 2019 6:54 pm
Forum: Personal Consumer Issues
Topic: Espresso Maker 2019
Replies: 106
Views: 6388

Re: Espresso Maker 2019

I use a Krups superautomatic which, admittedly, comes in at a higher price point. It sees daily use and has been very reliable. It prompts for different cleaning cycles as required, which may contribute to the device's longevity. It does take up counter space, but because it makes regular coffee as...
by 3504PIR
Sat Mar 09, 2019 1:15 am
Forum: Personal Consumer Issues
Topic: Espresso Maker 2019
Replies: 106
Views: 6388

Re: Espresso Maker 2019

I use a Krups superautomatic which, admittedly, comes in at a higher price point. It sees daily use and has been very reliable. It prompts for different cleaning cycles as required, which may contribute to the device's longevity. It does take up counter space, but because it makes regular coffee as...
by 3504PIR
Mon Mar 04, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: Why do you live where you live?
Replies: 134
Views: 8499

Re: Why do you live where you live?

We live in Honolulu County (Oahu) Hawaii because of my job (GS employee). I've never lived anywhere more than 3 years since I was born except for college. Father was a career military officer, I was a career military officer. Moving in 3 months to our forever home, more than ready to put down some r...
by 3504PIR
Mon Mar 04, 2019 2:09 am
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 13737

Re: Why does dividend investing not work?

Interesting discussion, guys. I find the Kevin O'Leary chestnut to actually be a fascinating case study on the phenomenon of memes as well as cognitive biases. O'Leary indeed focuses on dividend paying stocks. He got that idea from his mother. By his own admission, his mother was a seamstress and h...
by 3504PIR
Mon Mar 04, 2019 1:15 am
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 13737

Re: Why does dividend investing not work?

Interesting discussion, guys. I find the Kevin O'Leary chestnut to actually be a fascinating case study on the phenomenon of memes as well as cognitive biases. O'Leary indeed focuses on dividend paying stocks. He got that idea from his mother. By his own admission, his mother was a seamstress and h...
by 3504PIR
Mon Mar 04, 2019 12:04 am
Forum: Personal Investments
Topic: Saving Once in Retirement
Replies: 32
Views: 3167

Re: Saving Once in Retirement

I plan on saving while in retirement as my retirement income is very different than the normal setup here on BHs where the standard is to have a portfolio as a foundation, and then withdraw from that for expenses. We have retirement accounts but as a retired military family and soon to be retired Fe...
by 3504PIR
Sun Mar 03, 2019 12:02 am
Forum: Personal Consumer Issues
Topic: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)
Replies: 75
Views: 7641

Re: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)

Care to share how I order a BMW or Porsche directly from the manufacturer? I would love to see a phone number or website. I have never heard of it. All the Eurodelivery and the like that I am aware of, the orders go through the dealer. The price tends to be set by the manufacturer though and not th...
by 3504PIR
Sat Mar 02, 2019 2:26 am
Forum: Personal Consumer Issues
Topic: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)
Replies: 75
Views: 7641

Re: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)

I’m not sure about most manufacturers. I am not aware of any European manufacturers who do not take orders. So I’m not sure how much experience you may have doing it. I’ve bought my last 3 new cars through factory orders. I paid just over $45,000 for our Macan S in 2015 after it was all said and do...
by 3504PIR
Sat Mar 02, 2019 2:24 am
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 13737

Re: Why does dividend investing not work?

Hi Bogleheads! I am new to this forum but I've been lurking for several months now so I know the general Boglehead philosophy and am very convinced that it is the way to go. I have been dollar cost averaging into a broad market worldwide ETF for a few months now and I really enjoy this passive inve...
by 3504PIR
Sat Mar 02, 2019 2:13 am
Forum: Personal Consumer Issues
Topic: Help negotiating a Federal position
Replies: 43
Views: 1879

Re: Help negotiating a Federal position

I started as a Fed in 2008 as a 13. I was able to negotiate starting as a step 3 but know others who stared as step 10 based on showing experience and expertise in their field during the negotiation process. It really comes down to the hiring organization and what they are willing to do, which usual...
by 3504PIR
Fri Mar 01, 2019 11:34 pm
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 13737

Re: Why does dividend investing not work?

All 30 stocks in the DJIA pay dividends and over 80% of the stocks in the S&P 500 pay dividends. Nuff said. The investors here who say dividends are bad and destroy value are a very very tiny minority whose views are not accepted by the vast majority of all public corporations. Nobody is saying div...
by 3504PIR
Fri Mar 01, 2019 11:28 pm
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 13737

Re: Why does dividend investing not work?

The short answer is that it does work, just not as well as bogleheads investing would work. It’s a relic of a time before index funds really existed. I’m not sure if it’s a relic, but it is how my father invested and still invests and he passed that knowledge on to me which I use in my taxable acco...
by 3504PIR
Wed Feb 27, 2019 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: If you currently or are planning to spend over $120k/year in retirement, what is your projected budget?
Replies: 196
Views: 14443

Re: If you currently or are planning to spend over $120k/year in retirement, what is your projected budget?

As a socialogical study, I have now learned how to get a wide variety of responses to the same question; from the question to allow people to display their bling in a response. Surprised I didn’t figure that out on my own, but very happy to read the responses in this thread as they are very helpful ...
by 3504PIR
Mon Feb 25, 2019 11:51 pm
Forum: Personal Investments
Topic: Need help grading my "Fee Only" provider
Replies: 43
Views: 2826

Re: Need help grading my "Fee Only" provider

It doesn’t look horrible from a expense perspective or an allocation perspective except it’s overly complicated from a number of holdings perspective when you look across your accounts, not necessarily IN each account. So by themselves, your various accounts look like what I’d expect using an adviso...
by 3504PIR
Sun Feb 24, 2019 1:34 am
Forum: Personal Investments
Topic: Muni bond CEFs
Replies: 17
Views: 1112

Re: Muni bond CEFs

Depending on the state, be very careful with selecting state specific CEFs. Many don’t have a lot of liquidity which can magnify losses if selling under duress or impact sales price in general.
by 3504PIR
Sat Feb 23, 2019 2:03 am
Forum: Personal Consumer Issues
Topic: Favorite youtube channels?
Replies: 65
Views: 5687

Re: Favorite youtube channels?

Charles Dowding, the best vegetable gardener on YouTube.
He has the added benefit of having a very calming way of speaking

https://www.youtube.com/channel/UCB1J6s ... h7q0O2WJBg
by 3504PIR
Sat Feb 23, 2019 1:57 am
Forum: Personal Consumer Issues
Topic: Favorite youtube channels?
Replies: 65
Views: 5687

Re: Favorite youtube channels?

Joint the 9 year old army, subscribe to Pewdiepie!
by 3504PIR
Fri Feb 22, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Budgeting - What Do You Spend?
Replies: 46
Views: 4926

Re: Retirement Budgeting - What Do You Spend?

A retirement budget is a necessary thing to do before one “pulls the trigger”. Starting point would usually be actuals in the years before retirement. I certainly did this and have about 12 years experience with actuals. Actuals pretty close to plans. However, I certainly didn’t ask anybody what th...
by 3504PIR
Thu Feb 21, 2019 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Budgeting - What Do You Spend?
Replies: 46
Views: 4926

Re: Retirement Budgeting - What Do You Spend?

A retirement budget is a necessary thing to do before one “pulls the trigger”. Starting point would usually be actuals in the years before retirement. I certainly did this and have about 12 years experience with actuals. Actuals pretty close to plans. However, I certainly didn’t ask anybody what th...
by 3504PIR
Mon Feb 18, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Budgeting - What Do You Spend?
Replies: 46
Views: 4926

Re: Retirement Budgeting - What Do You Spend?

Hello - I am also nearing retirement and so to prepare, I've been doing an annual expense review over the last three calendar years. In fact, I just completed the 2018 review. We spent right around $135,000 which is pretty comparable to 2017 and 2016. This excludes Federal taxes. It also excludes t...
by 3504PIR
Sat Feb 16, 2019 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Budgeting - What Do You Spend?
Replies: 46
Views: 4926

Re: Retirement Budgeting - What Do You Spend?

Thanks for all the great and detailed responses thus far, each is very helpful. For those who responded that everyone will be different and therefore this is a pointless exercise, I can assure you that the variety of detail is very helpful to us. We currently live in Hawaii, and prior to moving here...
by 3504PIR
Sat Feb 16, 2019 2:01 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Budgeting - What Do You Spend?
Replies: 46
Views: 4926

Re: Retirement Budgeting - What Do You Spend?

Married couple, mid/late 60s, one completely retired, one working part time; house paid off; no major health issues; VLCOL area. Our spending is low enough compared to our assets and income that we don't feel the need to "budget." Based on the past few years, and known changes, I project this year'...
by 3504PIR
Sat Feb 16, 2019 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Budgeting - What Do You Spend?
Replies: 46
Views: 4926

Re: Retirement Budgeting - What Do You Spend?

... ... we don’t intend to travel for a few years to allow our finances and spending to normalize to get a feel for what we spend. ... Don't defer travel too long; travel doesn't have to be overly expensive. One day your health will prevent it. My retirement planning included a contingency of $8,00...
by 3504PIR
Fri Feb 15, 2019 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Budgeting - What Do You Spend?
Replies: 46
Views: 4926

Retirement Budgeting - What Do You Spend?

As we approach retirement in May, I’m curious what Bogleheads budget for spending in retirement, specifically what I’ll call variable spending below. I searched this topic and found several threads on budgeting and even retirement budgeting but none of those threads went into specifics, i.e. dollars...
by 3504PIR
Fri Feb 15, 2019 6:23 pm
Forum: Personal Consumer Issues
Topic: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)
Replies: 75
Views: 7641

Re: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)

Not a dealer in the sense you think of a dealer. I never saw any of them face to face and there was never a negotiation. I used the Porsche website to select the car, color, options, etc. which displayed the cost at each step. Pam submitted the order, passed on to me the build week and available pi...
by 3504PIR
Thu Feb 14, 2019 1:15 am
Forum: Personal Consumer Issues
Topic: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)
Replies: 75
Views: 7641

Re: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)

Not a dealer in the sense you think of a dealer. I never saw any of them face to face and there was never a negotiation. I used the Porsche website to select the car, color, options, etc. which displayed the cost at each step. Pam submitted the order, passed on to me the build week and available pic...
by 3504PIR
Thu Feb 14, 2019 1:06 am
Forum: Personal Investments
Topic: Opening MMA at Vanguard
Replies: 30
Views: 2064

Re: Opening MMA at Vanguard

Your confusion is more than understandable and may make you reconsider opening an account at vanguard. My guess is you will find fidelity much less confusing.
by 3504PIR
Wed Feb 13, 2019 8:39 pm
Forum: Personal Consumer Issues
Topic: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)
Replies: 75
Views: 7641

Re: How do YOU buy a car? (TrueCar, Costco, Carvana, etc)

I’m not sure about most manufacturers. I am not aware of any European manufacturers who do not take orders. So I’m not sure how much experience you may have doing it. I’ve bought my last 3 new cars through factory orders. I paid just over $45,000 for our Macan S in 2015 after it was all said and do...
by 3504PIR
Wed Feb 13, 2019 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: 2 years in community college, then transfer? need opinion please
Replies: 118
Views: 5631

Re: 2 years in community college, then transfer? need opinion please

Your plan is very sound. The competition applying to schools like UT can be very tough. The sure fire way to bypass that is to do exactly what you plan. The transfer is virtually guaranteed assuming the student is an average or above student. Programs at the CCs are specifically set up to mirror th...