Search found 328 matches

by Bigfoothunter
Wed Dec 18, 2013 9:19 pm
Forum: Investing - Theory, News & General
Topic: Timber [Tracts as part of a portfolio]
Replies: 27
Views: 2761

Re: Timber [Tracts as part of a portfolio]

I believe timberland is not a liquid asset and entry price is a critical and key point, but timberland with an excellent stand, particularly over 10 to 15 years and more than 100 acres will attract buyers and the price point will determine the speed to closing. With timberland,you have three means t...
by Bigfoothunter
Tue Dec 17, 2013 9:20 pm
Forum: Investing - Theory, News & General
Topic: Timber [Tracts as part of a portfolio]
Replies: 27
Views: 2761

Re: Timber [Tracts as part of a portfolio]

[quote="psteinx"]Bigfoot - thanks for your response. A few follow-ups if you're open to further discussion: 1) Can you provide a bit more info on your own history in this asset class? How long have you owned your tracts? Have you gone through a reforestation yet? A harvest yet? 2) You talk...
by Bigfoothunter
Mon Dec 16, 2013 7:19 pm
Forum: Investing - Theory, News & General
Topic: Timber [Tracts as part of a portfolio]
Replies: 27
Views: 2761

Re: Timber [Tracts as part of a portfolio]

Many thanks for the responses. I offer a few responses to questions and some return perspectives. I try to buy cutover land, usually from people that have already harvested the timber. This removes timer estimation risk and some tax advantages on reforestation. Reforestation cost without cost sharin...
by Bigfoothunter
Sun Dec 15, 2013 10:58 pm
Forum: Investing - Theory, News & General
Topic: Timber [Tracts as part of a portfolio]
Replies: 27
Views: 2761

Timber [Tracts as part of a portfolio]

I have purchased timber tracts as part of my portfolio and have done some research. It seems to have an inflation hedge and tax benefits and returns on order of 6 to 9 percent. The properties represent about 10 percent of my net worth. I would appreciate some views on timber properties for investmen...
by Bigfoothunter
Wed Mar 16, 2011 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Ethical Question
Replies: 37
Views: 4910

Many thanks for the responses. It makes me feel more confident in my decision. Bigfoot
by Bigfoothunter
Wed Mar 16, 2011 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Ethical Question
Replies: 37
Views: 4910

Ethical Question

I had a car hit the back of my car, the accident caused minimal damage of about $1,000. I went to dealership and got an estimate, and then insurance adjuster for the person that hit my car provides another estimate and check directly to me. It is ethical for me to keep the money and not get my car f...
by Bigfoothunter
Sat Mar 05, 2011 8:01 pm
Forum: Personal Consumer Issues
Topic: For-profit university master's degree: Is it worth it?
Replies: 77
Views: 11454

I got an MBA from a not for profit, in class room instruction, regionally accredited 100 year old institution with some business credentials but not AACSB. AACSB is the gold standard, but many smaller institutions which are not research driven are unable to qualify. That does not mean they are bad l...
by Bigfoothunter
Thu Mar 03, 2011 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm's Long Term Care Insurance
Replies: 39
Views: 7273

state farm has no shared benefit, a critical element in LTC.
by Bigfoothunter
Fri Jan 21, 2011 9:27 am
Forum: Personal Consumer Issues
Topic: Berkshire Hathaway Annual Meeting
Replies: 18
Views: 3818

Thanks very much for the responses, bigfoot
by Bigfoothunter
Sun Jan 16, 2011 8:01 pm
Forum: Personal Consumer Issues
Topic: Berkshire Hathaway Annual Meeting
Replies: 18
Views: 3818

Berkshire Hathaway Annual Meeting

I am attending the 2011 Berkshire Meeting, and was wondering if anyone that attended previously can offer any advice such as best time to arrive to the Qwest Center, or any meetings to avoid or attend? I heard some value conferences also occur unrelated to Berkshire that are worthwhile. I have alrea...
by Bigfoothunter
Sat Jan 15, 2011 8:45 pm
Forum: Local Chapters and Bogleheads Community
Topic: Rick Ferri in HOUSTON on January 15, 2011
Replies: 46
Views: 9391

I agree with keeping the group going, as it was benefical to learn from others who have experience. I thought the location was a little noisy but we had a larger group, but noticed it was substantially better later in the afternoon around 3:00 pm, so maybe that is a better time. The question on life...
by Bigfoothunter
Sat Jan 15, 2011 5:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Rick Ferri in HOUSTON on January 15, 2011
Replies: 46
Views: 9391

Great 2 plus hour presentation by Rick, with full question and answer session making a strong case for index investing over active management. Thanks for this Rick and giving your time. Bigfoot
by Bigfoothunter
Sat Jan 01, 2011 2:42 pm
Forum: Investing - Theory, News & General
Topic: 2011 BOGLEHEAD CONTEST REGISTRATION
Replies: 374
Views: 35614

1459
by Bigfoothunter
Sat Nov 27, 2010 10:31 pm
Forum: Personal Consumer Issues
Topic: Best Men's Suit Brand - Value and Quality
Replies: 120
Views: 24017

Check out: SYMS (New York is Flagship Store at Madison) - check out locations online Jos Bank (Gold Series on Sale, best quality suit can be reasonable price when on sale) Lands End (good quality and return) Top of Line at Mens Wearhouse (not low line) - Excellent Tailoring Hard to beat SYMS as firs...
by Bigfoothunter
Fri Nov 26, 2010 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: MetLife stops selling Long Term Care Insurance
Replies: 69
Views: 14366

Insurance companies are unable to quantify the risk, and therefore unable to price the product. Those that agressively go after market share and take disproportionate risk, could have issues. I suspect Metlife has determined the risk is not worth the reward. How can one quantify the risk against? Un...
by Bigfoothunter
Thu Nov 25, 2010 9:08 pm
Forum: Personal Consumer Issues
Topic: Crisis thrusts Wall Street museum into prominence
Replies: 8
Views: 1402

I visited this museum. Just the week prior, an older gentleman walked into the museum and asked for a tour; it was late in the afternoon. A fee is required to tour. The receptionist at the museum asked the gentleman to return another time , as the museum was due to close in about 10 minutes. The gen...
by Bigfoothunter
Wed Nov 24, 2010 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Would rather buy used car than a new mattress - help!
Replies: 36
Views: 6053

It is impossible to determine the best overall mattress to purchase, as each person has different tastes and the business is very segregated. Some Tips: 1) Pick up a corner of the mattress - the heavy mattress may be better, but then it could be harder. The weight of the metal frame inside the mattr...
by Bigfoothunter
Fri May 14, 2010 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service Dropping?
Replies: 30
Views: 6349

Prokofiev - Thanks for your response. My issue is indeed the point that it took longer to do the conversion than I anticipated. When I set up a new account some time ago, it did not take this long. Hmmmm. I did the conversion because the market dropped. My point is that I decided to move to take adv...
by Bigfoothunter
Fri May 14, 2010 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service Dropping?
Replies: 30
Views: 6349

Vanguard Customer Service Dropping?

I contacted Vanguard last Monday and obtain guidance on the process for conversion of an existing IRA with Vanguard to a Roth. I decided to make the conversion to take advantage of market being down. I am a Flagship customer, so I contacted the designated customer representative which I rarely do. T...
by Bigfoothunter
Sun Mar 07, 2010 9:44 pm
Forum: Forum Issues and Administration
Topic: What ever happened to Adrian Nenu?
Replies: 28
Views: 7380

I think Adrian made some very good posts. I was unaware of any strong positions he may have made. I have seen and received some very good insights on this forum, and believe it does serve the greater good. Bigfoot
by Bigfoothunter
Sun Feb 21, 2010 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about Braces for Children
Replies: 27
Views: 4485

Check with several dentists and see who they recommend. Fund via health care savings account, and wait if you have to make it happen Interview several orthodontists, and see what followup costs, retainer replacement and if they offer any residual care. I think the cost will be similar but the qualit...
by Bigfoothunter
Sun Feb 14, 2010 6:40 pm
Forum: Personal Consumer Issues
Topic: Buying Eyeglasses Online
Replies: 45
Views: 10735

I only buy at framesdirect.com

They are at good price and high quality.

If in Houston, you can go to store directly. Bigfoot
by Bigfoothunter
Sat Feb 13, 2010 10:17 pm
Forum: Personal Consumer Issues
Topic: Store for men's large shoes in DC or Manhattan?
Replies: 5
Views: 1510

You should consider Allen Edmonds shoes. Any store can order for you, and they can send overnight delivery. They have an outlet in Destin. They are fine quality American made shoes. I wear a 14B. You can buy them retail at many stores. Call Allen Edmonds for retail outlets in Washington or google. B...
by Bigfoothunter
Sat Feb 13, 2010 10:08 pm
Forum: Personal Consumer Issues
Topic: Range Rover Dependability
Replies: 94
Views: 12723

Allan - I understand where you are coming from. You do build very high end homes (I have seen them), and the customer group would be either high income or high net worth individuals. I wonder if the style of vehicle really makes a difference. Of course, you can't drive a junk, but really, they are b...
by Bigfoothunter
Sat Feb 13, 2010 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: long term care insurance
Replies: 11
Views: 2054

It will be expensive. Consider one with a 6 month deductible before you use benefits, and the premium will be lower. Bigfoot
by Bigfoothunter
Sun Nov 01, 2009 2:16 pm
Forum: Personal Consumer Issues
Topic: Carrier/Bryant/Trane HVAC What would a boglehead pick?
Replies: 13
Views: 6057

You might see about the 10 years parts and and labor warranty. This is a nice feature, even if you wish to sell the home. In many instances it is free with a promotion. I think I paid 500 for mine about 8 years ago, and never needed it. I have two trane units. One is original to the home and about 2...
by Bigfoothunter
Mon Sep 07, 2009 6:59 pm
Forum: Personal Consumer Issues
Topic: Men's Dress Shoes
Replies: 75
Views: 14795

Allen Edmonds in my view is the best made shoes around, and they are made in America. If you plan to buy a pair of dress shoes and wear for a very long time, they are worth the money. You can resole a pair of these shoes 10 times or more. I suspect you can get them resoled cheaper than sending them ...
by Bigfoothunter
Mon Sep 07, 2009 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Annuity - SubAccounts
Replies: 1
Views: 792

Vanguard Annuity - SubAccounts

I would appreciate any insights other members may have on the correlation of the funds in the Vanguard annuity with the funds in the taxable accounts. For example, I am aware the balanced account is similar to the Wellington Fund. Anybody have any insights on the other subaccounts, and in particular...
by Bigfoothunter
Mon Sep 07, 2009 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Texas Tomorrow Fund
Replies: 36
Views: 12842

mrand - My understanding is that if your child still attends college in Texas, then you will continue to obtain the original benfits (tuition prepaid and guaranteed). The State of Texas (Texas Tomorrow Fund) still honors this point best I can discern. The materials I obtained in the mail is in regar...
by Bigfoothunter
Fri Sep 04, 2009 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Federal LTCI - new plan starting on 01 Oct 2009
Replies: 21
Views: 4735

I would consider covering the absolute worse case scenario, so in that light, I would go with: 6 month exclusion period shared benefit (5 years for two or 1 for 10 years) inflation protection I got the Hancock Custom Care plan for $1,500 a year, with a 120 day benefit with the above items. My wife a...
by Bigfoothunter
Fri Sep 04, 2009 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Texas Tomorrow Fund
Replies: 36
Views: 12842

I paid $10,000 for my daughter 16 or 17 years ago, and got the same letter. It is horrific. The State of Texas will refund (assuming we don't use plan such as daugther not going to college) the original $10,000, minus an annual administration fee of 40.00. In other words, I get back around $9,400 or...
by Bigfoothunter
Sat Aug 29, 2009 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversion
Replies: 6
Views: 2000

HueyLD - Thanks very much for this, which is most interesting. Bigfoot
by Bigfoothunter
Sat Aug 29, 2009 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversion
Replies: 6
Views: 2000

Roth IRA Conversion

I am contemplating a Roth IRA conversion in 2010. I see many interpretations on how this works, so I suspect the rules are unclear. I would appreciate any advice on this point. I have after tax contributions to a 401k. Will I be able to open ROTH and just transfer those aftertax contributions to a R...
by Bigfoothunter
Sun Aug 23, 2009 7:17 pm
Forum: Investing - Theory, News & General
Topic: Which is a better inflation hedge: gold or oil?
Replies: 24
Views: 3974

If I had to pick one (I would own both) I would go with oil. Why? You get the opportunity for dividend yield in additional to capital appreciation. In Gold, you only get capital appreciation, so if wrong, your opportunity cost is much higher than oil. Big
by Bigfoothunter
Sat Aug 22, 2009 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity (TIPS desire)
Replies: 5
Views: 1397

Consider IBonds but I suspect that will not make a big difference for your level of investment, but another option. If you are going to go annuity, then Vanguard Annuity is not a bad choice in my view. I have the variable Vanguard annuity. However, it does not have a TIPS account option. It is low c...
by Bigfoothunter
Thu Aug 13, 2009 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: How to get inflation adjusted yield of 4% on $1.3M port?
Replies: 29
Views: 4751

It takes some equity risk, but you might consider the Vanguard Wellesley fund. It is about 60 percent bonds and 40 percent stock, and yields 4.33%. The equity portion is dividend stocks with value orientation. In my portfolio I plan to use this as an income stream. Best of luck, Bigfoot
by Bigfoothunter
Wed Aug 12, 2009 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: considering Mass Mutual whole life policy
Replies: 44
Views: 15649

I worry about what the value of the life insurance will really be in 40 years, after inflation. However, you may have other value drivers. If you go this route, and buying the insurance for others, and expect to have a sizeable estate, consider an irrevocable life insurance trust, where it will not ...
by Bigfoothunter
Mon Aug 10, 2009 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Need Urgent Help with Home Sale/Lease Negotiations
Replies: 14
Views: 1939

Real estate is about emotion, no matter if you are a buyer or a seller. Consider the entire transaction as a business decision. Check with realtors and see what rent costs are. Consider the BATNA - best alternative to a negotiated position. What are the options, and what is your need to sell. What a...
by Bigfoothunter
Sun Aug 09, 2009 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: new car extended warranty
Replies: 11
Views: 2135

It is impossible to determine if you got a good buy, or if it will work to your advantage at the end of the day. I own extended coverage on two Honda vehicles. I purchased the extended warranty from a dealer in another town for a fraction of the price at the dealer where I purchased the car. Check i...
by Bigfoothunter
Sun Aug 09, 2009 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance, when and how much?
Replies: 62
Views: 20127

It is cheap insurance for the value of what you are getting, particularly if you are in a high risk profile. How much to get in terms of coverage is a very compicated question, based on the laws of your state (I am not an attorney), you ability to sleep at night, and the amount of assets you have in...
by Bigfoothunter
Sun Aug 09, 2009 7:15 pm
Forum: Personal Consumer Issues
Topic: Calling all adjuncts or ex-adjuncts....
Replies: 6
Views: 1401

I am presently an adjunct at a local college at night, in an adult learners program. It has been a true joy to do this. It is not something to do for the money, but the extra income is nice. The typical salary is 1 to 4k per course all inclusive, and in my instance a class is one night a week for ab...
by Bigfoothunter
Mon Aug 03, 2009 8:17 pm
Forum: Investing - Theory, News & General
Topic: Certified Financial Advisor from VG
Replies: 17
Views: 3565

I have done this twice. I did get some ideas which were worthwhile, but did not follow the recommendations. If it is free, it is worthwhile to do, but you will need to be the manager of your money and make the decisions at the end of the day. I do believe these advisors were professional and with cr...
by Bigfoothunter
Sun Aug 02, 2009 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: long term care
Replies: 31
Views: 6338

Not an easy area to address without knowing many, many variables. Do you have substantial assets? Do you plan to leave an estate to others? Medical history? Personally, I have lived without LTC with my mother, and we provided in home care as we could not afford nursing home. I think some degree is i...
by Bigfoothunter
Sun Aug 02, 2009 12:36 pm
Forum: Forum Issues and Administration
Topic: Politics and Current Affairs forum?
Replies: 68
Views: 11779

This forum is about investing and advice for individuals to increase their wealth. Like it or not, we have an obligatory partner who does not invest but spends, takes no risk (other than allowing a deduction against other income or gains, to the extent that could be called risk taking), and dictates...
by Bigfoothunter
Sat Aug 01, 2009 10:07 pm
Forum: Personal Consumer Issues
Topic: What is wrong with the Cash For Clunkers Program?
Replies: 70
Views: 7750

It is a joke. The cars that are being purchased are owned by either the US government effectively, or overseas companies. We have huge issues in this country, and I can't imagine we are even talking about stimulating and getting old junk cars off the street, or out of a garage, and having them essen...
by Bigfoothunter
Sun Jul 19, 2009 12:43 pm
Forum: Personal Consumer Issues
Topic: Going to NYC in October
Replies: 86
Views: 11455

If you visit the Brooklyn Tabernacle Choir, google and call to get service when choir is present, it will be something you will never forget. It is amazing. Bigfoot
by Bigfoothunter
Thu Jul 02, 2009 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Second Home Purchase
Replies: 10
Views: 1935

Second Home Purchase

I am giving strong consideration to a second home purchase. I could pay cash or finance. The rates at 30 years is about 5.25% and under 5% for 15 years. I plan to retire in 5 years. I have no debt, and could pay cash but would need to sell some investments which are about 10% underwater below cost b...
by Bigfoothunter
Wed Jul 01, 2009 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 5
Views: 1446

exoilman - It is impossible to determine if sufficient without looking at total needs and cost of LTC. You can get many different responses to the question, as it is very subjective. For example, you you and wife wish to leave an inheritance, and if so, how strong is your view on this point. Is it s...
by Bigfoothunter
Sun Jun 28, 2009 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard High-Yield Tax-Exempt Fund
Replies: 4
Views: 2782

I have owned this fund for many years. It has a very, very low cost of ownership, particularly for the admiral class shares. If you study the portfolio, you will see that it is biased towards more quality holdings than a typical muni bond fund. It does have some AMT holdings, but not much. I short, ...
by Bigfoothunter
Sun May 24, 2009 5:45 pm
Forum: Personal Consumer Issues
Topic: Chronic Low Back Pain
Replies: 50
Views: 9410

I was 45 years old with significant lower back pain - essentially sciatic nerve or at least that is what my MD thought was the case. He is in family medicine. He suggested that I take some inflamatory drugs and see how it goes. It got worse. It was so bad that I could not hardly get in and out of th...