Search found 1317 matches

by J295
Wed Feb 21, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 66
Views: 4275

Re: Multiple Offer situation/should we pull our offer?

Bad faith? Perhaps. But remember Hanlon's Razor ..... Hanlon's razor is an aphorism expressed in various ways including "Never attribute to malice that which is adequately explained by stupidity." It recommends a way of eliminating unlikely explanations for a phenomenon (a philosophical razor). Pers...
by J295
Thu Feb 15, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy to sell a sought-after condo
Replies: 15
Views: 995

Re: Strategy to sell a sought-after condo

Delamer has excellent advice here. The agent you hire may provide a reduced commission if you ask. Your contract terms for the sale transaction will be important so if you have any required terms make sure those are known to all prospects. For example, sale not subject to financing. Other important ...
by J295
Tue Feb 13, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Simplifying the Financial Records
Replies: 8
Views: 995

Re: Simplifying the Financial Records

Tracked expenses pre retirement and relied on brokerage statements

Post retirement track assets at least quarterly
by J295
Sun Feb 11, 2018 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5238

Re: Are REITs essentially taboo for years now with rising rates?

We will keep our modest 4% allocation.

VNQ returns are around 6 % for past 5 years and 7% for past 10 years.
by J295
Sun Feb 11, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Statement & Receipt Clearing - Help!
Replies: 42
Views: 2242

Re: Credit Card Statement & Receipt Clearing - Help!

You asked so .... it's overkill Really want to simplify .... don't take receipts and fly speck your credit card statement for errors when it arrives Want to drill down and justify it from some type of analytical perspective .... Consider: The chances of an error are very small The chances of you ove...
by J295
Sat Feb 10, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Accredited investor resources
Replies: 23
Views: 1283

Re: Accredited investor resources

While I'm not aware of resources, I am experienced with some local private placements (Reg D offerings). Around here, if you wanted to get involved in one you need to be "invited." For some, all it takes is $$$. For others (the good ones IMO), the Issuer needs to get comfortable that you are a perso...
by J295
Fri Feb 09, 2018 6:06 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Know Anything?
Replies: 36
Views: 3391

Re: Does Anyone Knows Anything?

Socrates speaking about the Oracle: “I am wiser than this man; it is likely that neither of us knows anything worthwhile, but he thinks he knows something when he does not, whereas when I do not know, neither do I think I know; so I am likely to be wiser than he to this small extent, that I do not t...
by J295
Thu Feb 08, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: what to do with patent plaques and other work awards?
Replies: 45
Views: 2772

Re: what to do with patent plaques and other work awards?

I toss mine.

I even tossed all but a couple of trophies from my competitive athletic days when doing some "cleaning" a few years ago ..... did find one from grade school where my dad and I did a father/son basketball tourney, and took it to him (now 84) and shared a memory ....
by J295
Wed Feb 07, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for new Boglehead-where to focus extra money to correct past mistakes?
Replies: 26
Views: 1986

Re: Advice for new Boglehead-where to focus extra money to correct past mistakes?

Just want to chime in to say I read you have two goals .... love it!!

We had goals (one big one was early retirement), and that made the process meaningful and fun for us (not always fun, but you get the drift).

It's a long haul, but go for it!

Just saying atta boy/atta girl and good luck!
by J295
Wed Feb 07, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Dad gave me money before filing bankruptcy
Replies: 24
Views: 4307

Re: DAD GAVE ME MONEY BEFORE FILING BANKRUPTCY

Well, these responses are why I think it imprudent to seek legal advice on this or any other forum (other than to get some general direction for a starting point for discussion with a competent attorney). Good advice is coming from those telling you/your father to seek out legal counsel. The correct...
by J295
Wed Feb 07, 2018 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Retired or close to it -- what do you hold in bond portion?
Replies: 41
Views: 3982

Re: Retired or close to it -- what do you hold in bond portion?

Retired. Non-equity portion is combination of BND, CDs, tips, ibonds, amx savings, Fido floating rate fund, short term bond fund, pimco real return, pimco bond fund, govt bond fund.

Now age 58. We are 110 - age = equity.
So we are 52/48 allocation.
by J295
Tue Feb 06, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: Visiting SAN FRANCISCO
Replies: 31
Views: 2121

Re: Visiting SAN FRANCISCO

From my 30 year old son ..... He gets asked a lot… So this is his stock repl, which you will see because the Giants and 49ers are not playing right now .... good info in any case Beyond the basic tourist stuff (ferry building, GG bridge, etc), I'd say the following: (1) exploring the local neighborh...
by J295
Tue Feb 06, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance after today's drop?
Replies: 32
Views: 4362

Re: Rebalance after today's drop?

Hi Devdude .... Good question. So you can filter my advice .... we started investing in 1979 and retired 5 years ago at age 53. We've made our share of investment mistakes along the way, and when we did they were principally due to greed or fear (a bit of stress having one income and a one year old ...
by J295
Mon Feb 05, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Picking a smaller local corporate trustee
Replies: 3
Views: 235

Re: Picking a smaller local corporate trustee

Seems like a good choice. Not sure for you how modest is "small," but if they have experienced trust officers and solid ownership (family in all likelihood) I think your thinking makes sense. As a trust company and as a bank (unless this is a stand alone trust company) they will be regulated, so you...
by J295
Sat Feb 03, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Index Fund vs. CDs?
Replies: 27
Views: 3108

Re: Total Bond Market Index Fund vs. CDs?

For us it's not/either or, it is both/and and has been for a long time. Our non-equity portion includes bnd, short term bonds, cd ladder, ibonds, tips, amx savings, government bonds, pimco total return, fidelity floating rate fund. I really don't spend too much energy noodling over this portion of t...
by J295
Tue Jan 30, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Early retired: Realize capital gains now, or live off muni interest?
Replies: 8
Views: 748

Re: Early retired: Realize capital gains now, or live off muni interest?

We are keeping to our allocations (retired and now age 58), so we'd let the re-balance decision be the primary driver. We are selling equities only within tax free due to annual re-balance to allocations (age based so we are 52% equities). Although it's not BH style, if you choose to essentially "ma...
by J295
Tue Jan 30, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Still working out of greed or fear?
Replies: 46
Views: 4934

Re: Still working out of greed or fear?

Transitioned to part time at 53 five years ago and then eventually wound down to "retired." I was in "peak earning years" and don't regret for a second our decision. I knew one fact of transitioning and accepted it: "Work less make less." It may not be for everyone, but we knew it was right for us. ...
by J295
Tue Jan 30, 2018 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Why would I buy Bonds now?
Replies: 33
Views: 8113

Re: Why would I buy Bonds now?

You might consider a combination of non-equity investments for this portion of your portfolio… We have always had a combination of total bond fund, short-term bond fund, I bonds, tips, CDs, high-yield savings, and floating rate fund.
by J295
Mon Jan 29, 2018 9:56 pm
Forum: Personal Consumer Issues
Topic: Keeping a new BMW shiny!
Replies: 27
Views: 2324

Re: Keeping a new BMW shiny!

Neighbor is a car guy (Porsche and 3 BMWs), so I asked him for advice when I bought our new Lexus .... He turned me on to Griott's Garage products. So, that's what I use. I hand wash. A couple of times I've used a touchless car wash. Using a touch car wash is not recommended. Two years and 45k miles...
by J295
Sat Jan 27, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Cash heavy portfolio
Replies: 28
Views: 2540

Re: Cash heavy portfolio

Work hard and develop an investment policy statement you believe in and can follow. From my perspective, it doesn’t have to be like mine, or like anybody else on this board, but it needs to be something you believe in and will stick with.
by J295
Wed Jan 24, 2018 9:47 pm
Forum: Personal Consumer Issues
Topic: Have you ever found an error on your amazon bill?
Replies: 20
Views: 1632

Re: Have you ever found an error on your amazon bill?

Tracked for years and never found an error. Now we just fly spec credit card and brokerage statements. In our case simply don’t want to spend time (cost/benefit not there for us).
by J295
Tue Jan 23, 2018 6:58 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11885

Re: Kitces article: A cash bucket in retirement? Nope

I have no aversion to having some cash. We do have an aversion to debt.
by J295
Tue Jan 23, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: Tax preparation amount charged
Replies: 16
Views: 1265

Re: Tax preparation amount charged

Fee amount you were charged seems reasonable , at least in these parts. It’s based on the accountant’s work, not your income or assets
by J295
Mon Jan 22, 2018 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance: Trust with Land + Investments - 3 Heirs
Replies: 15
Views: 1556

Re: Inheritance: Trust with Land + Investments - 3 Heirs

Factual question… If this is an inheritance, why wouldn’t there be a step up in basis on the inherited assets, including the land?
by J295
Mon Jan 22, 2018 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being greedy?
Replies: 51
Views: 6080

Re: Am I being greedy?

Op has been investing since 2012 .... It's been a pretty nice ride indeed .... like shooting fish i a barrel on the equity side. I consider myself fairly experienced and seasoned to stress professionally, athletically, and investing wise. Have owned equities since 1979. I can still recall the strong...
by J295
Mon Jan 22, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9100

Re: The Power of Working Longer

Ahhh ... but if more money is not necessary or important .... when I transitioned to part time and then retired during my peak earning years I easily accepted a personal mantra "work less make less" knowing full well that working wouldn't allow me to buy more time.
by J295
Mon Jan 22, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 6386

Re: Work-out schedule for those in 60s

Age 58. Retired.
Strength and cardio 3x per week. Tweak routines monthly.
Stretch/core 6X per week.
Golf and/or golf practice 6 days per week
Personally, what I put on my plate is every bit as important as routines at the gym.
by J295
Mon Jan 22, 2018 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 98
Views: 4871

Re: Going to one income-seeking testimonials

We did it. Three kids through college and retired at 53.
by J295
Mon Jan 22, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: phone call with Fidelity retirement relationship manager
Replies: 5
Views: 965

Re: phone call with Fidelity retirement relationship manager

We get a call once per year. I’ve never had an in person or telephone conference. If I have a problem though, I reach out to my representative and they handle it promptly. Also, I have asked for reimbursement for TurboTax purchases and they have provided it.
by J295
Mon Jan 22, 2018 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401 K Maximum For Sole Proprietor
Replies: 9
Views: 617

Re: Solo 401 K Maximum For Sole Proprietor

I used 3 online calculators and each came up with $13,940 for the maximum total contribution for both employer and employee portions. Some break out by employer and employee and some don't. Here is one that provides a break out .... https://www.mysolo401k.net/Calc/Individ ... ution.html
by J295
Mon Jan 22, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 82
Views: 5943

Re: Should I buy a business or suck it up at a job(s) with a pension.

We both want to retire from our jobs. We no longer enjoy doing what we’re doing and I am looking for an alternative. To be honest we dread going to work and want our freedom. I can’t imagine myself putting in another 8 years to get the free healthcare. The thought of this is so depressing. I didn't...
by J295
Sat Jan 20, 2018 10:12 pm
Forum: Personal Consumer Issues
Topic: Rent (free at library) or buy books?
Replies: 50
Views: 2963

Rent (free at library) or buy books?

In the past I used to read books in hardcopy or electronically from the library. Price was right, and I only read the books one time. Recently I find I am buying the books, usually used through Amazon, as I like to mark them up and read and reread some of them and have my markups/notes available for...
by J295
Sat Jan 20, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Make me feel good about my bond allocation
Replies: 46
Views: 5046

Re: Make me feel good about my bond allocation

OP. Greed and fear are poor travel companions. Your AA seems reasonable. We are 58 and retired with 48% non-equities (bnd, short term bonds, i bonds, tips, CDs, floating rate fund, amx savings). From past experience I’ll still feel pain in materially declining equity markets but it will be nicely bu...
by J295
Sat Jan 20, 2018 9:33 pm
Forum: Personal Consumer Issues
Topic: Capital one 360 money market New $500 bonus
Replies: 44
Views: 7449

Re: Capital one 360 money market New $500 bonus

Did this a few years ago. Did one account for me and one for spouse. Received $1,000. We keep cash at AMX bank anyway in savings (I think it is 1.35 %) so all it took was setting up the accounts. No problems getting the bonuses and then closing the accounts.

Thanks for the heads up.
by J295
Fri Jan 19, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Mother In Law's new boyfriend...
Replies: 28
Views: 3452

Re: Mother In Law's new boyfriend...

Good of you two to be concerned and active in your mother’s well being. At least in my tight knit family had this come up my mom would have welcomed dialogue.
by J295
Thu Jan 18, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 61
Views: 3676

Re: How do you adjust side mirrors in a car?

My SUV has blind spot monitors on mirrors that light up
by J295
Thu Jan 18, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: Family Balance and Children's Athletics
Replies: 37
Views: 2583

Re: Family Balance and Children's Athletics

I'm going to give you a brief background so you can filter my response. Wife and I were good high school athletes. All the kids were high school athletes too, and one was a real talent (recruited by all the top D1 schools for her sport and did go D1 and was all conference). When they were growing up...
by J295
Thu Jan 18, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2613

Re: Real Estate Versus Stocks

It has been only "stocks and bonds" for us, which worked for retirement at 53 because slow and steady returns and a good income from vocation. We were busy with raising a family and working my profession, and didn't want the "hassles" of real estate. That being said, nothing wrong at all with real e...
by J295
Thu Jan 18, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Amazing how much your IPS can de-stress your life
Replies: 29
Views: 4070

Re: Amazing how much your IPS can de-stress your life

We have had an IPS for quite some time, and yes it is a nice foundation to work from. I will note, however, that the biggest de-stressor for me is a long-term rising equity market. We have been investors since 1979, and thus have experienced many turbulent times since then, some of which were rapid ...
by J295
Wed Jan 17, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: 1 year CD at 2.10
Replies: 4
Views: 912

Re: 1 year CD at 2.10

Remember also that some banks will negotiate. My parents sold some real estate and decided to put the money into CDs. They went down to their local banker and ask for a better rate and she increased the CD rate for them.
by J295
Wed Jan 17, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Considering a change in asset allocation; tell me if I'm approaching this the right way
Replies: 15
Views: 1476

Re: Considering a change in asset allocation; tell me if I'm approaching this the right way

Your change seems reasonable. As a point of reference, our international is typically half of our US (so 2:1 ratio within the equity allocation). Side note on international, we stuck with our allocations, it wasn't too many years ago when international lagged US and the dollar was strong and the "ex...
by J295
Wed Jan 17, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Floating Rate Income Funds
Replies: 6
Views: 473

Re: Floating Rate Income Funds

Have owned Fido's floating rate fund for years. It's part of our broader non-equity allocation, which also includes CDs, total bond fund, ibonds, TIPS, savings account, short term bond fund.
by J295
Wed Jan 17, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Owning house in a trust?
Replies: 17
Views: 1843

Re: Owning house in a trust?

In our state revocable trust for home is principally to avoid probate. Sometimes the Trustee is a third party rather than the beneficiary in those rare instances where someone wants to keep their beneficial ownership out of the public record (in our community, the sports celebrities sometimes do thi...
by J295
Wed Jan 17, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Newbie wanting to INVEST!
Replies: 26
Views: 1816

Re: Newbie wanting to INVEST!

Welcome to the Forum! I'd like to get in to help my money work for me - but I don't want to see my hard earned savings wiped out by a market crash. First, be aware that equity investments carry risk. I know you know that intellectually, but it's quite another thing to look at a computer screen and s...
by J295
Wed Jan 17, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Is it reasonable to try to time the I-Bond market?
Replies: 13
Views: 1279

Re: Is it reasonable to try to time the I-Bond market?

Personally, we don't time things like this. The amounts at issue are modest in the scheme of our overall portfolio, and for us it is better to act and be done with it. I'd view it the same even if the amounts were not personally "modest." I believe the current 6 month interest rate is 2.58%. If one ...
by J295
Tue Jan 16, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 39
Views: 4741

Re: Merrill Edge best choice for higher net worth accounts?

Don’t know anything about ME

Will report that we have accounts at Vanguard and Fidelity, and find the Fidelity website and service to be excellent.
by J295
Tue Jan 16, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20121

Re: Anyone disenchanted with retirement?

“Retired” 5 years .... thought this must be a trick question. Haha
by J295
Tue Jan 16, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: Selling one owner car. Give new owner service records?
Replies: 15
Views: 1258

Re: Selling one owner car. Give new owner service records?

Yes. Really helps with sale and very beneficial to new owner.