Search found 737 matches

by ShiftF5
Tue May 24, 2016 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: How old can you be and retire early?
Replies: 81
Views: 10014

Re: How old can you be and retire early?

I think the labels "normal retirement age", and "early retirement" should be flatly ignored. Why should society or your boss, coworkers, neighbor's, friends, relatives, barber, banker, or butcher define how you SHOULD live your life? Labels create the SHOULD. If you've put yourse...
by ShiftF5
Sun Mar 20, 2016 12:21 pm
Forum: Investing - Theory, News & General
Topic: Trading seminars
Replies: 20
Views: 2144

Re: Trading seminars

Years ago before I day traded away more $$ than I care to admit I wish I'd read the book "Winning the Loser's Game".

Best wishes.
by ShiftF5
Mon Jan 11, 2016 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Want to Retire to North Coast of San Diego in 15-20 years
Replies: 14
Views: 3011

Re: Want to Retire to North Coast of San Diego in 15-20 years

Google "Loren Sanders"

He is one of the top Real Estate agents in North County San Diego and will give you an honest answer.

Best wishes with whatever you decide.
by ShiftF5
Fri Dec 25, 2015 11:48 am
Forum: Investing - Theory, News & General
Topic: A little about Larry S
Replies: 51
Views: 8896

Re: A little about Larry S

I've learned so much from Larry.

We are so fortunate to have folks like Larry and the many others that freely share their knowledge wisdom and time.

Thank you and Merry Christmas to everyone!!
by ShiftF5
Wed Dec 16, 2015 10:56 am
Forum: Personal Consumer Issues
Topic: Need indoor "orthotic" shoes/slippers
Replies: 27
Views: 2522

Re: Need indoor "orthotic" shoes/slippers

Choose whatever you like and add "Superfeet" orthotic inserts. Check the reviews on Amazon, REI, etc. +100 on Superfeet. Find a local retailer for Superfeet by visiting superfeet.com Go try on the different models and see which model is right for your feet. Superfeet in your shoes will be...
by ShiftF5
Sat Nov 28, 2015 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Following the Bogleherd … scary!
Replies: 37
Views: 5028

Re: Following the Bogleherd … scary!

To me herd implies sheep blindly marching off a cliff. I don't see it. I find Bogleheads to be friendly like minded investors that agree upon a general investing philosophy. No Cool Aid. I know I'm one of many that would be in a much different (worse) financial place had I not discovered the Boglehe...
by ShiftF5
Fri Nov 27, 2015 5:23 pm
Forum: Personal Consumer Issues
Topic: How to deal with coins from inheritance
Replies: 27
Views: 3688

Re: How to deal with coins from inheritance

The first thing I would do is make a complete list of every single coin in the collection.

Then I would move the entire collection to a secure lock & key location with you holding the key.

Then I'd start researching.

Take your time.
by ShiftF5
Fri Nov 27, 2015 11:52 am
Forum: Personal Consumer Issues
Topic: How to deal with coins from inheritance
Replies: 27
Views: 3688

Re: How to deal with coins from inheritance

Be VERY careful if you approach a professional coin dealer. They know the value of what you have. They do this 7 days a week. You don't. Be sure you can trust the person you decide to deal with and start small, I wouldn't do it all in one lot. You might also consider storing the coins in a secure of...
by ShiftF5
Fri Nov 27, 2015 11:40 am
Forum: Investing - Theory, News & General
Topic: "I Don't Know, I Don't Care"
Replies: 9
Views: 2762

Re: "I Don't Know, I Don't Care"

So many of us followed a very similar path until one day -- it clicked.

I could have easily been wiped out back in my day trading days, like some of my day trading friends. Luckily I woke up.

Taylor thank you for the reminder.

Happy holidays to all.
by ShiftF5
Thu Nov 26, 2015 8:17 pm
Forum: Personal Consumer Issues
Topic: Best Way to get rid of leaves
Replies: 50
Views: 5462

Re: Best Way to get rid of leaves

I have good sized front and back yards and enjoy getting out there and keeping it looking nice. I use a blower to get the leaves out of the bushes and into a pile, I use the vacuum to get the leaves along the fence line which I collect in the big vacuum bag and dump into the leaf pile. Then I use a ...
by ShiftF5
Mon Nov 23, 2015 8:13 pm
Forum: Investing - Theory, News & General
Topic: Most important financial metric/calculation?
Replies: 39
Views: 4723

Re: Most important financial metric/calculation?

I like that. Let me try to Simplify it: Annual Expenses - Annual Passive Income = X X = Residual Living Expenses You Need 25X to Retire. 1/25 = 4% a year. That captures it for me. That captures it for me, too except that instead of 25X I use (90 - current age)X. So it's 25X at age 65, 33.3X at 60, ...
by ShiftF5
Sun Nov 22, 2015 9:50 pm
Forum: Personal Consumer Issues
Topic: Series 7 Exam and Bogleheads
Replies: 26
Views: 3462

Re: Series 7 Exam and Bogleheads

For those with a kindle, the book "Pass The 65" can be read using Kindle Unlimited (a $10/month service). Or if you don't have an Amazon Kindle Digital Reader, but instead have almost any smartphone or tablet, you can simply download the free Kindle app to your mobile device and read it t...
by ShiftF5
Sun Nov 22, 2015 9:13 pm
Forum: Investing - Theory, News & General
Topic: Implications of "One Hasn't Lost if One Hasn't Sold"
Replies: 98
Views: 8473

Re: Implications of "One Hasn't Lost if One Hasn't Sold"

I find that old saying "the market doesn't care what you paid for a stock" to be a good reminder that nothing is guaranteed. Over the years there have been some very big name stocks that went to zero, and some people kept buying right into the cellar. I like to think that by paying off deb...
by ShiftF5
Sun Nov 22, 2015 8:43 pm
Forum: Investing - Theory, News & General
Topic: I won a stock picking contest in 1986
Replies: 12
Views: 1909

Re: I won a stock picking contest in 1986

Last week my husband asked me to pick the winning football teams for some football contest pool at work. I picked in the order of teams with cats (Lions, Panthers, etc) first, Native Americans (Chiefs, etc) second, and then the Vikings (I'm Irish). He (I) won $25 . I won the same contest a few year...
by ShiftF5
Sun Nov 22, 2015 8:32 pm
Forum: Investing - Theory, News & General
Topic: How Do You Ignore the Noise?
Replies: 51
Views: 5640

Re: How Do You Ignore the Noise?

wander wrote:I find the "noise" interesting. It does not bother me.


I find the noise upsetting and I don't need the upset.

It's just pointless so I block the noise.

Much happier that way.

A month or two later I hear the market has recovered and life is good.
by ShiftF5
Sun Nov 22, 2015 8:23 pm
Forum: Investing - Theory, News & General
Topic: I won a stock picking contest in 1986
Replies: 12
Views: 1909

Re: I won a stock picking contest in 1986

I remember picking some good ones in 1999.

I thought I had a real knack.

In 2000 and 2001 Mr. Market set me straight. :annoyed

I'm cured.
by ShiftF5
Sun Nov 22, 2015 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: $1,000 in cash lost or stolen
Replies: 54
Views: 7623

Re: $1,000 in cash lost or stolen

In your case, I doubt there's much you can do. Maybe you could file a claim on your auto insurance, but I suspect most of the $1000 would go towards the deductible, and it might raise your rate. Also, if you're sure it got stolen at the mechanic, you could file a police report. Odds are nothing wou...
by ShiftF5
Sun Nov 22, 2015 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 77
Views: 24390

Re: Is the first 100k really the hardest?

Your investment balance grows from new contributions and growth on those investments. $100 to $200. +100% $200 to $300. +50% $300 to $400. +33.3% $400 to $500. +25% $500 to $600. +20% $600 to $700. +16.6% $700 to $800. +14.3% $800 to $900. +12.5% $900 to $1,000. +11.1% Generally in the early years y...
by ShiftF5
Thu Nov 19, 2015 11:17 pm
Forum: Investing - Theory, News & General
Topic: Did you predict this week's market direction?
Replies: 41
Views: 4591

Re: Did you predict this week's market direction?

Just one more reason to Block the Noise.

Notice I didn't say ignore, but Actively Block out the talking heads on tv, radio, newspaper about "market updates", etc.

Since Ive started Blocking Out the Noise -- Life is Good.
by ShiftF5
Thu Nov 19, 2015 11:11 pm
Forum: Investing - Theory, News & General
Topic: Most important financial metric/calculation?
Replies: 39
Views: 4723

Re: Most important financial metric/calculation?

One of the most important things to think about is cash flows in retirement. What are your cash flow needs (aka expenses)? What are your incoming cash flows sources (pension, SS, rental income, other)? The difference is the amount that has to be covered by your portfolio. There is a lot of talk abo...
by ShiftF5
Wed Nov 18, 2015 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone gone from 0 to 100?
Replies: 55
Views: 7745

Re: Has anyone gone from 0 to 100?

A lot of young people feel as you do, but as you get older, you become more realistic. You are probably not going to be a star, you are probably not going to be really, really rich or any of those great things. There probably is no such thing as destiny in the sense of your life being predetermined...
by ShiftF5
Wed Nov 18, 2015 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone gone from 0 to 100?
Replies: 55
Views: 7745

Re: Has anyone gone from 0 to 100?

I'm pretty sure many (all) of us were in your position at your age. You being here reading, posting, learning on Bogleheads is a HUGE step in the right direction if you want to build financial independence. Congratulations. I suggest you spend time reading and thinking about the Boglehead wiki. Then...
by ShiftF5
Sat Nov 14, 2015 4:14 pm
Forum: Personal Consumer Issues
Topic: we have a [feral or stray] cat - need help
Replies: 67
Views: 6548

Re: we have a cat - need help

Congratulations!! What a wonderful find. If you cannot find the rightful owner I would welcome her into your home, (not the garage). It might be worth asking around or distributing a flyer on your walk route for a lost cat. I would have a vet give her the once over and any suggested shots. Then it's...
by ShiftF5
Fri Nov 13, 2015 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Grandmother has Major Debt Issues - Help Needed
Replies: 21
Views: 2931

Re: Grandmother has Major Debt Issues - Help Needed

Been there, done that. My experience says unless the 3 parties want to change the situation -- ain't gonna happen. The gravy train rolls on. When grandma passes, the commercial property is sold, the debts are paid, the daughter and granddaughter get a fresh infusion of cash to blow, and the wheel go...
by ShiftF5
Fri Nov 13, 2015 11:58 am
Forum: Personal Consumer Issues
Topic: Grandpa, Father, Son Trip
Replies: 17
Views: 1755

Re: Grandpa, Father, Son Trip

One more vote for the Canada fishing trip.

Have a great time.
by ShiftF5
Fri Nov 13, 2015 11:53 am
Forum: Investing - Theory, News & General
Topic: Criticism of prudential compounding return commercial
Replies: 23
Views: 2316

Re: Criticism of prudential compounding return commercial

I got 2- 96yo parents: one in hospice and will die in her bed in our home. Another in the hospital for bleeding. It has been a tough 2 weeks. I target gains because we can. You are a good son or daughter for so lovingly caring for your folks. They love you and really appreciate all you are doing ev...
by ShiftF5
Wed Nov 11, 2015 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding helping son with graduate school loan debt
Replies: 42
Views: 3989

Re: Question regarding helping son with graduate school loan debt

I have a friend with a similar situation.

Turns out his live at home son had other pressing expenses - drugs and gambling.

Best wishes.
by ShiftF5
Wed Nov 11, 2015 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Help with decision re: Transamerica retirement income
Replies: 9
Views: 1206

Re: Help with decision re: Transamerica retirement income

If an MBA from Wharton can't understand it, I think you know the answer.

Best wishes.
by ShiftF5
Wed Nov 11, 2015 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Define Wealthy ..How to ?
Replies: 42
Views: 4804

Re: Define Wealthy ..How to ?

Rather than wealthy I prefer financial independence which can be defined and measured.

At 25X Residual Living Expenses (expenses - passive income) you've reached financial independence.

With that 25X invested the numbers go up and down daily.

Best wishes.
by ShiftF5
Fri Nov 06, 2015 5:00 pm
Forum: Investing - Theory, News & General
Topic: Genius of Vanguard's business model
Replies: 27
Views: 4056

Re: Genius of Vanguard's business model

Goldenfinch wrote: I doubt that a majority of Vanguard users follow the Boglehead philosophy or even knows what it is. Financial literacy in this country is pretty dismal. Goldenfinch, I agree with you. What do you suggest would be a good solution to fix financial illiteracy without cramping busine...
by ShiftF5
Fri Nov 06, 2015 12:03 pm
Forum: Investing - Theory, News & General
Topic: I have a confession... [Purchased individual stocks]
Replies: 31
Views: 5074

Re: I have a confession...

You have a great woman there. . . A co-worker received a Green Bay Packers share from her husband for her birthday. How do you buy a share of the team? Maybe I should invest in the lions, there is no way they haven't reached rock bottom I believe the Green Bay Packers are the only team with the sto...
by ShiftF5
Fri Nov 06, 2015 12:00 pm
Forum: Investing - Theory, News & General
Topic: Please explain how are stocks and bonds down the same days??
Replies: 28
Views: 2896

Re: Please explain how are stocks and bonds down the same days??

Take it from a guy that used to not only watch stocks move up and down throughout the day but actively day trade on those movements (not such a great idea) -- a long-term investor needs to learn to ignore daily market action. Once I stopped trading and learned to get busy with other things and just ...
by ShiftF5
Thu Nov 05, 2015 3:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Founder’s Son Tries To Beat the Market
Replies: 33
Views: 6442

Re: Vanguard Founder’s Son Tries To Beat the Market

It couldn't be more clear -

The namesake son thumbing his nose at his famous father and all he stands for.

I remember doing that when I was 18 years old.
by ShiftF5
Mon Nov 02, 2015 12:54 pm
Forum: Personal Consumer Issues
Topic: Amazon Pricing of Product at different prices
Replies: 28
Views: 3971

Re: Amazon Pricing of Product at different prices

Visit www.camelcamelcamel.com

A Free Amazon Price Tracker site with history and price drop alerts.

Did I mention its Free?

Best wishes
by ShiftF5
Sat Oct 31, 2015 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Investing disagreements with spouse
Replies: 86
Views: 9685

Re: Investing disagreements with spouse

What if she wanted to take 1/2 the money and go to the casino? :shock:
by ShiftF5
Sat Oct 31, 2015 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Investing disagreements with spouse
Replies: 86
Views: 9685

Re: Investing disagreements with spouse

I would hand her a copy of "Winning the Losers Game" by Charles Ellis.

Pretty convincing evidence from a market expert.

That way it's not you against her.

Good luck.
by ShiftF5
Fri Oct 30, 2015 11:59 am
Forum: Personal Finance (Not Investing)
Topic: How much of your total income are you worth?
Replies: 51
Views: 8119

Re: How much of your total income are you worth?

The ratio used in the 1996 classic "The Millionaire Next Door" is: "Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by 10. This, less any inherited wealth, is what your networth should be." When I bought that book ...
by ShiftF5
Fri Oct 30, 2015 11:28 am
Forum: Personal Finance (Not Investing)
Topic: How much of your total income are you worth?
Replies: 51
Views: 8119

Re: How much of your total income are you worth?

That is an interesting metric. I find W. Bernstein's multiple of residual living expenses to be most indicative of Financial Independence. Expenses - passive income (SS, pension, SPIA, etc.) = Residual Living Expenses (RLE) How many RLE do you have? W. Bernstein suggests: At age 60 you need 25 RLE m...
by ShiftF5
Sat Oct 24, 2015 8:44 pm
Forum: Investing - Theory, News & General
Topic: Peanut returns [why not try stock picking?]
Replies: 61
Views: 7783

Re: Peanut returns [why not try stock picking?]

I wish I'd read the book "Winning The Loser's Game" years ago. :oops:
by ShiftF5
Sat Oct 24, 2015 7:03 pm
Forum: Investing - Theory, News & General
Topic: Peanut returns [why not try stock picking?]
Replies: 61
Views: 7783

Re: Peanut returns [why not try stock picking?]

OP -- As you can tell from the remarks - many on this board (myself included) have tried a whole variety of things before discovering and embracing the Boglehead investment philosophy. Please don't take offense at any of the remarks. There is no snark intended. It's just that many of us lost signifi...
by ShiftF5
Fri Oct 23, 2015 7:11 pm
Forum: Personal Consumer Issues
Topic: I bought a new (used) car and already having an issue
Replies: 111
Views: 11488

Re: I bought a car and found that the salesman lied about its history

Could it be both? The car started out new, a rental, and a year or so later, Enterprise sold it on the private market as they are known to do with cars in their fleets. So the salesman could have been right when he presented the car as previously owned by an individual. However, IF he worded it tha...
by ShiftF5
Fri Oct 23, 2015 1:22 pm
Forum: Personal Consumer Issues
Topic: I bought a new (used) car and already having an issue
Replies: 111
Views: 11488

Re: I bought a new (used) car and already having an issue

I'd call a couple brake shops Today and ask them how much they charge you to take a look. Then you'll know if you need to go back to the dealer. Best wishes. During the Pre Purchase Inspection, the mechanic said how much it would cost to replace the brakes but said they should be good for another 6...
by ShiftF5
Fri Oct 23, 2015 1:10 pm
Forum: Personal Consumer Issues
Topic: I bought a new (used) car and already having an issue
Replies: 111
Views: 11488

Re: I bought a new (used) car and already having an issue

I'd call a couple brake shops Today and ask them how much they charge you to take a look.

Then you'll know if you need to go back to the dealer.

Best wishes.
by ShiftF5
Fri Oct 23, 2015 11:34 am
Forum: Personal Finance (Not Investing)
Topic: What are your 2 retirement numbers?
Replies: 260
Views: 34137

Re: What are your 2 retirement numbers?

dbCooperAir wrote:My walk away number is around
Image
Otherwise 1.2-1.5mil in today dollars, would still need to work part time however
Image


db -- You look good with a beard. :moneybag
by ShiftF5
Fri Oct 23, 2015 11:06 am
Forum: Personal Consumer Issues
Topic: Where to retire in Florida?
Replies: 153
Views: 25069

Re: Where to retire in Florida?

I just watched a program on the growing issue of sink holes in Florida. :confused

Might be worth googling that.
by ShiftF5
Fri Oct 23, 2015 11:02 am
Forum: Personal Consumer Issues
Topic: Lost iPhone in Thailand. Now what?
Replies: 30
Views: 4224

Re: Lost iPhone in Thailand. Now what?

FlyingMoose wrote:If you know where it is, can't you get in a cab and go there?


I strongly suggest you do not go there and attempt to retrieve your phone without law enforcement by your side.

That can end very badly.

Not worth risking it.
by ShiftF5
Fri Oct 23, 2015 10:59 am
Forum: Personal Consumer Issues
Topic: Fell for DirecTV and Their Con - Woke Up in Time
Replies: 46
Views: 7762

Re: Fell for DirecTV and Their Con - Woke Up in Time

Toons wrote:When I do watch TV I use these antennae.
Amazon leaf.
Check it out. :happy
http://www.amazon.com/AmazonBasics-Ultr ... nna+indoor


Another vote for free tv via antenna. No monthly fee. Life is good.
by ShiftF5
Fri Oct 23, 2015 10:57 am
Forum: Personal Consumer Issues
Topic: White Noise/Sleep/Sound Therapy
Replies: 62
Views: 6628

Re: White Noise/Sleep/Sound Therapy

a cheap rectangular fun set on low works well for me. I started using a fan for our youngest child at night to drown out the noise of our older kids walking around the house. Started using one for us for the same reason and it works great. The only drawback is that now I can't sleep without it. If ...
by ShiftF5
Fri Oct 23, 2015 10:54 am
Forum: Personal Consumer Issues
Topic: Guilty pleasures?
Replies: 123
Views: 16641

Re: Guilty pleasures?

Kazper: My "guilty pleasure" is overtipping. During much of my life, raising three children, we could not afford more than the customary tip--even when service was excellent. In recent years (thanks to Jack Bogle) I can afford to give a large tip when I receive above-average service. It g...
by ShiftF5
Fri Oct 23, 2015 10:47 am
Forum: Personal Consumer Issues
Topic: Thinking of switching from phone to phablet
Replies: 49
Views: 6381

Re: Thinking of switching from phone to phablet

I suggest you stop by the Apple Store and try sliding it in and out of your pocket before making the decision.

It is substantially larger.

Best wishes.