Search found 961 matches

by 3504PIR
Wed May 27, 2020 12:40 am
Forum: Personal Investments
Topic: Any retirees get through Covid crisis without large cash reserve?
Replies: 34
Views: 1473

Re: Any retirees get through Covid crisis without large cash reserve?

I find it rather humorous. When someone who asks the question on here; "where should I invest money I will need in a year?" The near universal response will be to put it in a principal protected matched liquidity investment. How is that any different when we are talking about money that is already ...
by 3504PIR
Wed May 27, 2020 12:30 am
Forum: Personal Consumer Issues
Topic: How can I use 6 weeks of vacation in the next 6 months in the Covid era?
Replies: 2
Views: 144

Re: How can I use 6 weeks of vacation in the next 6 months in the Covid era?

Your title indicates that you are having a difficult time taking your vacation time.

Your last two sentences/paragraphs indicate you want to go somewhere.

Going somewhere really isn’t an option.
by 3504PIR
Fri May 22, 2020 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Opinion on Relocating from IL to FL Central Gulf Coast Condo
Replies: 35
Views: 2554

Re: Opinion on Relocating from IL to FL Central Gulf Coast Condo

I think the move would be perfectly fine financially. I honestly don’t know why anyone would move to Orlando in your situation. Orlando does not have much character and many other destinations in FL would be much more desirable, like in the Tampa/Clearwater footprint to start. I realize coming from ...
by 3504PIR
Thu May 14, 2020 1:01 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13054

Re: Will "work from home" destroy the commercial real estate market?

Just an anecdotal story. I retired almost 5 years ago from a company that has their headquarters in a high rise office tower in suburban Atlanta where they have four floors with maybe 500+ employees, maybe 100 of them in the IT department that I worked in. About ten years ago they did a major remod...
by 3504PIR
Thu May 14, 2020 12:44 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13054

Re: Will "work from home" destroy the commercial real estate market?

Companies were already well aware of the benefits and penalties of working from home. The more interesting question is where people will want to live if a larger percentage work from home and/or perhaps we have a covid-19 season every year as well as flu season. Since population is no longer rising...
by 3504PIR
Thu May 07, 2020 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy this annuity?
Replies: 18
Views: 1248

Re: Should I buy this annuity?

On the surface it seems that if you needed extra from the muni fund you could just sell shares. I have no idea of the tax handcuffs to the shares you may have, but that would equally apply to the $500k as well. No idea about your overall tax situation either so it’s difficult on that end as well.
by 3504PIR
Sun May 03, 2020 6:19 pm
Forum: Personal Consumer Issues
Topic: Why doesn't Porsche have better resale value?
Replies: 50
Views: 5387

Re: Why doesn't Porsche have better resale value?

We are on our second Macan. Bought the first as a factory pickup while living in Europe. Paid right at $43,000 after various rebates offered for that transaction, no tax as it was a diplomatic sales contract. Got the car in February 2014. Traded it in in April 2019 for a new one and got $35,000 for ...
by 3504PIR
Mon Apr 27, 2020 11:31 pm
Forum: Personal Investments
Topic: Early retirees who were close - how are you adjusting
Replies: 45
Views: 6133

Re: Early retirees who were close - how are you adjusting

I retired in August officially after leaving my job on accumulated vacation pay at the end of May at 56 aided by a militant pension which enabled us to hyper save during our post military career. We moved to a radically lower COL location also in May (Hawaii to Western North Carolina). Refinanced o...
by 3504PIR
Mon Apr 27, 2020 11:24 pm
Forum: Personal Investments
Topic: Need some direction.
Replies: 14
Views: 763

Re: Need some direction.

I'm an artist. My love is to screen print limited edition runs. I also do free lance work. I have a small online store that I sell my prints and a few books. I netted $121,500 in 2019. I spent $50,000 on reprinting books, new books, and about a years worth of supplies. My sales this year are 138% o...
by 3504PIR
Mon Apr 27, 2020 11:12 pm
Forum: Personal Consumer Issues
Topic: purchasing a minivan - price on a new Kia Sedona
Replies: 10
Views: 666

Re: purchasing a minivan - price on a new Kia Sedona

Why are you buying a van based on a temporary situation? From your OP that is the best interpretation of what is going on. My read is you ar renting a minivan for $1200 per month while not at your primary residence. Correct? No, dot purchase now. Move, get a new job and all that and revisit this sit...
by 3504PIR
Sun Apr 26, 2020 5:53 pm
Forum: Personal Investments
Topic: Early retirees who were close - how are you adjusting
Replies: 45
Views: 6133

Re: Early retirees who were close - how are you adjusting

I retired in August officially after leaving my job on accumulated vacation pay at the end of May at 56 aided by a militant pension which enabled us to hyper save during our post military career. We moved to a radically lower COL location also in May (Hawaii to Western North Carolina). Refinanced o...
by 3504PIR
Sun Apr 26, 2020 1:46 am
Forum: Personal Investments
Topic: Early retirees who were close - how are you adjusting
Replies: 45
Views: 6133

Re: Early retirees who were close - how are you adjusting

I retired in August officially after leaving my job on accumulated vacation pay at the end of May at 56 aided by a military pension which enabled us to hyper save during our post military career. We moved to a radically lower COL location also in May (Hawaii to Western North Carolina). Refinanced ou...
by 3504PIR
Sat Apr 25, 2020 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 280
Views: 28119

Re: College in fall

Additionally for tuition, State schools and JCs have little to no difference in price. The cost difference occurs with room and board, not basic tuition. Private schools will differ. That's not really true about state schools in California, although I realize California has a different higher educa...
by 3504PIR
Sat Apr 25, 2020 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Job Uncertainty is Killing Me: How to Cope???
Replies: 22
Views: 2195

Re: Job Uncertainty is Killing Me: How to Cope???

My general recommendation is to ride it out and look for ways to better position yourself in the future. Basically the mid to long game. I realize that this probably isn’t helpful, but don’t kick yourself next time, and there will be a next time.
by 3504PIR
Sat Apr 25, 2020 1:38 am
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 280
Views: 28119

Re: College in fall

My daughter is graduating from high school this June and is planning on starting college this coming fall a state over. I know that our state universities have sent students home where they're taking classes remotely online. Sounds like the best guess at this point is that the virus may or may not ...
by 3504PIR
Sat Apr 25, 2020 1:23 am
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 280
Views: 28119

Re: College in fall

My daughter is graduating from high school this June and is planning on starting college this coming fall a state over. I know that our state universities have sent students home where they're taking classes remotely online. Sounds like the best guess at this point is that the virus may or may not ...
by 3504PIR
Thu Apr 23, 2020 9:52 pm
Forum: Investing - Theory, News & General
Topic: Bonds won't get you anywhere!
Replies: 85
Views: 9034

Re: Bonds won't get you anywhere!

When posters on this site refer to “bonds” they are often referring to bond funds. I own bond mutual funds as well as individual bonds. Benjamin Graham wrote that the purpose of bonds was income, which I agree with. Posters on this site mostly state that bonds are for safety. To fully understand wha...
by 3504PIR
Wed Apr 22, 2020 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Any One-More-Year FIRE people sticking to their plan?
Replies: 72
Views: 8303

Re: Any One-More-Year FIRE people sticking to their plan?

Here is what I would do, and did for the most part. Get out of wherever you are in a reasonable timeframe based upon your finding a suitable location. Take some time in conjunction with that search to discover your next chapter. Be fairly conservative with your assets while you are doing both of th...
by 3504PIR
Wed Apr 22, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: BMW X5 - advice on purchase
Replies: 49
Views: 2936

Re: BMW X5 - advice on purchase

I went from an X3 to a Porsche Macan for reasons above. We did too and are on our second Macan and have been very happy. Annual maintenance has averaged about $600 since our first purchase in 2015 for the Macan. Had really bad maintenance problems with our BMWs at about the 5/6 year point. I won’t ...
by 3504PIR
Wed Apr 22, 2020 1:54 am
Forum: Personal Finance (Not Investing)
Topic: Any One-More-Year FIRE people sticking to their plan?
Replies: 72
Views: 8303

Re: Any One-More-Year FIRE people sticking to their plan?

Here is what I would do, and did for the most part. Get out of wherever you are in a reasonable timeframe based upon your finding a suitable location. Take some time in conjunction with that search to discover your next chapter. Be fairly conservative with your assets while you are doing both of tho...
by 3504PIR
Sun Apr 19, 2020 1:33 am
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 13464

Re: How many paid for kids' college?

This is always a question on bogleheads which generates a wide range of answers financially, not to mention philosophically and it often depends on varying experiences. To cut to the chase, my parents fully funded my college degree, and with our child, we have likewise fully funded hers to date. I w...
by 3504PIR
Sun Apr 19, 2020 12:58 am
Forum: Investing - Theory, News & General
Topic: Are you comfortable with your emergency fund arrangements?
Replies: 44
Views: 3480

Re: Are you comfortable with your emergency fund arrangements?

I have $45k in CDs, which is a year of living expenses. I qualify for $1200/week in unemployment if I understand the formula correctly. My company has historically given very generous severance packages (six months benefits, three months salary, accelerated vesting of RSUs depending on years of ser...
by 3504PIR
Mon Apr 13, 2020 12:00 am
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 92
Views: 6070

Re: How long after starting investing, did you start to be happy about the power of compounding?

Still not happy, but was thinking about this very topic the other day. I’d be happy with $30,000,000 of which half came from compounded earnings. Wouldn't you be happy just knowing 50% came from compounded earnings, regardless the amount? No, not really. With investment balances, I’m never satisfied.
by 3504PIR
Sun Apr 12, 2020 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Holding EF in something other than cash?
Replies: 32
Views: 1750

Re: Holding EF in something other than cash?

Looking back at the most recent 3-4 weeks, imagine if you were or are to become one of the possible 60,000,000 or more unemployed and ask yourself where would be the best place to have those funds. Everything I’ve read on the matter over that time would seem to suggest both an increase in savings ra...
by 3504PIR
Sun Apr 12, 2020 11:44 pm
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 92
Views: 6070

Re: How long after starting investing, did you start to be happy about the power of compounding?

Still not happy, but was thinking about this very topic the other day. I’d be happy with $30,000,000 of which half came from compounded earnings.
by 3504PIR
Wed Apr 08, 2020 2:00 am
Forum: Personal Consumer Issues
Topic: Safest way to get food
Replies: 168
Views: 13432

Re: Safest way to get food

It really comes down to where you live on a number of levels doesn’t it? I went shopping for our family yesterday and had latex gloves on when I went into the store, as I have for the past three weeks. I disinfected my cart with a wipe I brought in. Took my gloves off as I left the store as if I wa...
by 3504PIR
Wed Apr 08, 2020 1:56 am
Forum: Personal Finance (Not Investing)
Topic: What did you do cool with your money today?
Replies: 125
Views: 10277

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

I feel kind of silly for this, but since we ar not eating out and my parents thoughtfully sent some gourmet food through the mail I thought, hey, what is out there for high end mail order food? I didn’t get very far in my search and bought a decent amount of interesting beef from both Snake River Fa...
by 3504PIR
Sun Apr 05, 2020 1:13 am
Forum: Personal Consumer Issues
Topic: Safest way to get food
Replies: 168
Views: 13432

Re: Safest way to get food

It really comes down to where you live on a number of levels doesn’t it? I went shopping for our family yesterday and had latex gloves on when I went into the store, as I have for the past three weeks. I disinfected my cart with a wipe I brought in. Took my gloves off as I left the store as if I was...
by 3504PIR
Tue Mar 31, 2020 11:27 pm
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 108
Views: 8757

Re: Did you move for better weather? Did you regret it?

Hawaii > Northern Arizona HCOL vs> LCOL ++++ City vs> Country +++++ Congestion, Traffic, Noise, Stress vs > Quiet > More free range cattle than people ++++ Golf Weather Year Round vs> 4 seasons -- + -- -- -- + White sand beaches vs> Mountains and open range land - - - - - - International / Hawaiian...
by 3504PIR
Tue Mar 31, 2020 12:24 am
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 348
Views: 31206

Re: It's Not Different This Time

Your focus is very narrow, in what bonds are doing today. The requirement to by bonds doesn’t rest on today. Bonds are available to purchase every day with different yields. You limit your income in retirement potential by focusing on the near term and not the length of time you would be retired. I...
by 3504PIR
Mon Mar 30, 2020 11:07 pm
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 348
Views: 31206

Re: It's Not Different This Time

As per Benjamin Graham, bonds are for INCOME! At today's yields, that bond income is pretty sparse. If one is to eschew total returns in retirement in favor of pivoting to income, where is the income coming from? Your focus is very narrow, in what bonds are doing today. The requirement to by bonds ...
by 3504PIR
Mon Mar 30, 2020 10:48 pm
Forum: Investing - Theory, News & General
Topic: There Is No Gold
Replies: 160
Views: 12255

Re: There Is No Gold

willthrill81 wrote:
Fri Mar 27, 2020 11:00 am
3504PIR wrote:
Thu Mar 26, 2020 12:42 am
And you can’t even eat gold, at least with any nutritional value.
You can't eat dollar bills either.

An item being inedible doesn't mean that it's not valuable in some other way.
You’re sarcasm meter is way off.
by 3504PIR
Mon Mar 30, 2020 12:30 am
Forum: Investing - Theory, News & General
Topic: It's Not Different This Time
Replies: 348
Views: 31206

Re: It's Not Different This Time

I’ll add that the boglehead assumption has been that “coming back” is a near term clockwork event. This time, the market with is grand moves up and down would seem to indicate the same. While none of us know where the market will go, posts over the past years since 2008 or even before back to 2000 a...
by 3504PIR
Sun Mar 29, 2020 11:08 pm
Forum: Investing - Theory, News & General
Topic: Is the 2 Fund Portfolio the new "3 Fund portfolio"?
Replies: 59
Views: 4570

Re: Is the 2 Fund Portfolio the new "3 Fund portfolio"?

I recently re read Jack Bogles thoughts on international investing and essentially, his belief due to the international component of all US stocks now, that an international portion may be unnecessary. With the recent market roller coaster, i am seeing that when a black swan occurs, there really is...
by 3504PIR
Thu Mar 26, 2020 12:54 am
Forum: Investing - Theory, News & General
Topic: There Is No Gold
Replies: 160
Views: 12255

Re: There Is No Gold

watchnerd wrote:
Thu Mar 26, 2020 12:50 am
3504PIR wrote:
Thu Mar 26, 2020 12:42 am
And you can’t even eat gold, at least with any nutritional value.
But you can use it as a TP substitute.
Hadn’t thought of that! And baller too!
by 3504PIR
Thu Mar 26, 2020 12:47 am
Forum: Personal Consumer Issues
Topic: USAA Tow Truck--Social Distancing
Replies: 30
Views: 1564

Re: USAA Tow Truck--Social Distancing

DTalos wrote:
Wed Mar 25, 2020 1:45 pm
ryanpj wrote:
Wed Mar 25, 2020 1:40 pm
Bruh...
Just call them and ask

And if they say no, the limit is 10 miles, then what would you suggest I do?
Then I would post the question here or maybe pay for a tow myself. Seriously.

Why do you need to ride in the tow truck?
by 3504PIR
Thu Mar 26, 2020 12:42 am
Forum: Investing - Theory, News & General
Topic: There Is No Gold
Replies: 160
Views: 12255

Re: There Is No Gold

And you can’t even eat gold, at least with any nutritional value.
by 3504PIR
Thu Mar 26, 2020 12:40 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190769

Re: Bogleheads community discussion - Coronavirus

And it will go up. Aside from restaurants being closed, it’s business as usual where I am. I had to go grocery shopping today and have not left the farm in well over a week. It is definitely business as usual here and every day it remains the same is another day of the same. And my comment doesn’t ...
by 3504PIR
Thu Mar 26, 2020 12:37 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63068

Re: So bottom is probably behind us....right?

bog007 wrote:
Thu Mar 26, 2020 12:36 am
Dead cat bounce. I'd be surprised if we get above 2800 spx anytime soon. 1800 spx likely target
1700 is the ugly spot, and I am not holding my breath.
by 3504PIR
Thu Mar 26, 2020 12:30 am
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 63068

Re: So bottom is probably behind us....right?

That would be a poor assumption. +1. I have no idea what will happen, but I know we are not anywhere near clear from the crisis unless it somehow goes away with the warmer weather. The last two days mean nothing other than the government has little left to throw at this. Hunker down. Here is a mino...
by 3504PIR
Wed Mar 25, 2020 11:18 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190769

Re: Bogleheads community discussion - Coronavirus

Here are the CDC nationwide confirmed case numbers and daily rate of increase over the last week. 2020-03-19 ​​ 12,018(+49%) 2020-03-20 ​​ 17,439(+45%) 2020-03-21 ​​ 23,710(+36%) 2020-03-22 ​​ 32,341(+36%) 2020-03-23 ​​ 42,749(+32%) 2020-03-24 ​​ 52,685(+23%) 2020-03-25 ​​ 64,661(+23%) A week a tre...
by 3504PIR
Wed Mar 25, 2020 11:08 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190769

Re: Bogleheads community discussion - Coronavirus

walking thru a Target store tonight....suddenly over the loudspeaker a girls voice says "remember customers to stay 6 feet apart at all times". I felt the page was unnecessary and generated tension in the store among customers. Why not let the few customers in the store (and there were few) have so...
by 3504PIR
Tue Mar 17, 2020 11:09 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190769

Re: Bogleheads community discussion - Coronavirus

“I got the flu shot” was 100% the most common response a week or so ago to a similar thread if not in this mega thread. I live in a rural county in western NC and we have a half dozen cases if you can believe that. I was an infantry officer for 22 years and a policy wonk for another dozen and have ...
by 3504PIR
Tue Mar 17, 2020 2:29 am
Forum: Investing - Theory, News & General
Topic: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]
Replies: 117
Views: 9601

Re: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]

Well if there is no population growth for a couple years because 2-3% of people die off it could certainly send the world into a long term recession, but if the virus is only killing old people and people with health problems as terrible it is to say it may very well help the world economy. Stand b...
by 3504PIR
Tue Mar 17, 2020 2:19 am
Forum: Investing - Theory, News & General
Topic: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]
Replies: 117
Views: 9601

Re: Is there a single person on here that thinks Coronavirus is going to have a material impact on [earnings]

on the overall amount of 2022 or 2023 corporate earnings? Outside of an industry like cruise ships, I don’t see this having a material impact long term. If so, why does the market/investors care so much? I get that we are going to have a bad quarter or two, maybe even longer, but long term I see th...
by 3504PIR
Tue Mar 17, 2020 2:10 am
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16774

Re: The Black Swan is Here

Isn't one of the big issues the fact that none of us has immunity and that the virus is spreading quite rapidly such that a much larger percentage of the population will get it? In a normal year, 8% of the US population gets the flu. Even if this virus is no more deadly than the seasonal flu, if th...
by 3504PIR
Tue Mar 17, 2020 2:04 am
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16774

Re: The Black Swan is Here

Yeah I get the "flatten the curve thing" but really, why don't we worry about flattening the curve each year when we have 30-50k plus deaths from the common flu? I don't think you are getting the "flatten the curve thing". The seasonal flu doesn't bring the US healthcare system down. The whole poin...
by 3504PIR
Tue Mar 17, 2020 1:54 am
Forum: Personal Investments
Topic: The Black Swan is Here
Replies: 153
Views: 16774

Re: The Black Swan is Here

We've been talking about it forever on this forum but I think it's here. The stock market is crashing, public places are closed, stores ran out of stuff, people will soon lose their jobs, and no antidote for the plague yet. In time like this, this retired person is glad that I have 10 years of annu...
by 3504PIR
Tue Mar 17, 2020 1:37 am
Forum: Investing - Theory, News & General
Topic: 10yr Treasury: Vanguard ↓22bp to 0.73% but yield curve ↑6bp to 0.94% What???
Replies: 3
Views: 431

Re: 10yr Treasury: Vanguard ↓22bp to 0.73% but yield curve ↑6bp to 0.94% What???

The bond market is way more volatile than bogleheads give it credit for, you are seeing exactly that. Invest in bonds for income as they are designed to be invested and block out the rest. Read some Graham.
by 3504PIR
Tue Mar 17, 2020 12:12 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190769

Re: Bogleheads community discussion - Coronavirus

“I got the flu shot” was 100% the most common response a week or so ago to a similar thread if not in this mega thread. I live in a rural county in western NC and we have a case here if you can believe that. I was an infantry officer for 22 years and a policy wonk for another dozen and have a reason...