Search found 270 matches
- Sun Feb 28, 2021 11:20 pm
- Forum: Personal Consumer Issues
- Topic: Do I need new tires?
- Replies: 106
- Views: 4530
Re: Do I need new tires?
Tires, brakes, batteries, belts, oil - don’t try to get the last 10%. Not that expensive to replace and a real hassle if they fail.
- Fri Feb 26, 2021 3:52 pm
- Forum: Personal Consumer Issues
- Topic: best wristwatch for the price
- Replies: 184
- Views: 17128
Re: best wristwatch for the price
I have a Bulova. Looks good. Works very well.
- Fri Feb 12, 2021 5:31 pm
- Forum: Personal Consumer Issues
- Topic: Buying a car spring 2021
- Replies: 73
- Views: 4927
Re: Buying a car spring 2021
Bought a 2004 Highlander new. 205k miles now. Running strong. No complaints.
- Sun Feb 07, 2021 9:59 pm
- Forum: Personal Finance (Not Investing)
- Topic: What was YOUR path to Financial Independence
- Replies: 21
- Views: 2656
Re: What was YOUR path to Financial Independence
Living below our means plus saving and investing for 45 years.
- Mon Feb 01, 2021 10:54 pm
- Forum: Personal Consumer Issues
- Topic: What are you listening to now
- Replies: 1414
- Views: 83994
Re: What are you listening to now
Super Oldies 60's on YouTube
- Tue Jan 26, 2021 6:04 pm
- Forum: Investing - Theory, News & General
- Topic: "Best" brokerage for play account?
- Replies: 26
- Views: 2129
Re: "Best" brokerage for play account?
Been using Schwab for many years. It works well for me and I like their research site.
- Sat Jan 23, 2021 11:41 pm
- Forum: Personal Finance (Not Investing)
- Topic: Who or what has helped the most in your financial journey?
- Replies: 121
- Views: 7300
Re: Who or what has helped the most in your financial journey?
Having a spouse who isn’t a spender
- Mon Jan 18, 2021 12:09 am
- Forum: Personal Finance (Not Investing)
- Topic: how much time do you spend on [personal finance] weekly?
- Replies: 49
- Views: 4560
Re: how much time do you spend on [personal finance] weekly?
2 hours a week
- Wed Jan 13, 2021 7:20 pm
- Forum: Personal Finance (Not Investing)
- Topic: What do you use for inflation? [for retirement planning]
- Replies: 54
- Views: 4149
Re: What do you use for inflation?
2% long term. I own my house so that cost is fixed.
- Wed Jan 06, 2021 12:04 am
- Forum: Personal Consumer Issues
- Topic: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
- Replies: 341
- Views: 25886
Re: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
Mow lawn, shovel snow, clean house. I did stop working on our cars about 4 years ago.
- Wed Dec 23, 2020 6:22 pm
- Forum: Personal Consumer Issues
- Topic: What exactly are YOU doing in retirement?
- Replies: 93
- Views: 8752
Re: What exactly are YOU doing in retirement?
I am a volunteer minister at our church - this can be anything up to fulltime
I sell covered calls - takes a few hours a week
Read - couple of hours a day
Read on this website - couple of hours a week
Read on Seeking Alpha website - same
Go for a walk everyday - 30 mins/day
etc.
I sell covered calls - takes a few hours a week
Read - couple of hours a day
Read on this website - couple of hours a week
Read on Seeking Alpha website - same
Go for a walk everyday - 30 mins/day
etc.
- Fri Dec 18, 2020 8:54 pm
- Forum: Personal Consumer Issues
- Topic: New motorcycle rider
- Replies: 125
- Views: 8679
Re: New motorcycle rider
My wife and I rode for many years. I stayed away from cross streets and didn’t ride in bad weather or at night. Mostly highway riding during the day during the summer. I agree with the concept of assuming car drivers don’t see you. Wear a bright jacket. I wore red or a yellow motorcycle vest with re...
- Fri Dec 18, 2020 8:43 pm
- Forum: Investing - Theory, News & General
- Topic: Berkshire Hathaway (BRK)
- Replies: 17
- Views: 1685
Re: Berkshire Hathaway (BRK)
I have owned BRK-B for quite a while. I also use it for covered calls. You never know but, I also agree with the thought that Buffett will have trouble beating the indexes in the future. The company is too big. We will see.
- Tue Dec 15, 2020 1:15 pm
- Forum: Personal Consumer Issues
- Topic: Best < $100 purchase?
- Replies: 136
- Views: 16549
Re: Best < $100 purchase?
Craftsman car tire electric pump. Got it about 20 years ago.
- Fri Dec 04, 2020 9:25 am
- Forum: Personal Investments
- Topic: At what milestone did you feel secure?
- Replies: 156
- Views: 17593
Re: At what milestone did you feel secure?
Kids college paid for. Debt free including the mortgage. $2 million capital invested for growth and income.
- Thu Nov 12, 2020 10:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: If your net worth is over $3 million, how did you do it?
- Replies: 543
- Views: 141274
Re: If your net worth is over $3 million, how did you do it?
Started saving and investing at age 21 and never stopped. Always lived below our means. Never got divorced. Never bought expensive cars. I am 65.
- Wed Nov 04, 2020 10:30 pm
- Forum: Personal Consumer Issues
- Topic: My dog barks when I'm not home- solutions?
- Replies: 79
- Views: 5159
Re: My dog barks when I'm not home- solutions?
Get the dog de-barked. It was recommended by the vet and didn’t cost much. We did it to solve a similar situation. Worked great. Dog spent years barking all the time - just didn’t make much noise. Everybody was happy.
- Tue Oct 20, 2020 10:14 pm
- Forum: Personal Investments
- Topic: How much do you allocate to international equity?
- Replies: 133
- Views: 9556
Re: How much do you allocate to international equity?
About 8% with no plans to increase it. The S&P500 have plenty of international exposure (IMHO). I am 64 yo with 80% in stocks - mostly VTI and SPY ETFs. I am retired with enough pension income to never touch my investments.
- Tue Oct 20, 2020 10:08 pm
- Forum: Personal Consumer Issues
- Topic: 2020/2021 Toyota Highlander - Gas and Hybrid questions
- Replies: 15
- Views: 1299
Re: 2020/2021 Toyota Highlander - Gas and Hybrid questions
Have a 2004 Highlander. FWD, 202k miles, good in the snow, no significant problems. Bought it new. Plan to buy another one (probably AWD this time) when this one fall apart.
- Tue Oct 20, 2020 9:59 pm
- Forum: Personal Investments
- Topic: Which Megatrends for the next decade ? Which ETFs ?
- Replies: 35
- Views: 3070
Re: Which Megatrends for the next decade ? Which ETFs ?
Is not much of a sector investor but my guess would be biotechnology.
- Sat Oct 10, 2020 7:16 pm
- Forum: Personal Investments
- Topic: Should We Ever Save for Children's College?
- Replies: 467
- Views: 30566
Re: Should We Ever Save for Children's College?
Having a college education was a life-changing opportunity for both me and my wife. As a result we have paid for our two children to go to college and have also set aside enough capital to pay for our grandchildren to attend also.
- Wed Sep 16, 2020 7:25 am
- Forum: Personal Consumer Issues
- Topic: Is this guy trying to scam me on a car I'm selling?
- Replies: 172
- Views: 14264
Re: Is this guy trying to scam me on a car I'm selling?
Probably a scam. My wife and I ran into a similar situation with a wedding dress. The check was counterfeit.
- Sat Sep 05, 2020 10:14 am
- Forum: Personal Consumer Issues
- Topic: Buying guns not an option, what else
- Replies: 56
- Views: 5297
Re: Buying guns not an option, what else
There is a saying, “God created man. Sam Colt made them equal.” Running away is a good first option. I also agree with the shotgun option.
- Sat Sep 05, 2020 8:08 am
- Forum: Personal Investments
- Topic: What single individual stock would you buy?
- Replies: 164
- Views: 16013
Re: What single individual stock would you buy?
JNJ WMT MSFT HD MCD
- Fri Jul 03, 2020 7:32 pm
- Forum: Personal Finance (Not Investing)
- Topic: What to do with all this MONEY ?
- Replies: 201
- Views: 21483
Re: What to do with all this MONEY ?
As a previous post stated - not a physician, but similar outcome. Also 64. Fairly frugal lifestyle. Tithe to our church (always have). What we have done is upgraded our travel experiences - better hotels, etc. A couple of cruises in a nicer room. We do eat out more. We have 2 young grandchildren wit...
- Wed Jun 24, 2020 9:51 pm
- Forum: Personal Consumer Issues
- Topic: What is the single best piece of exercise equipment you bought for your home?
- Replies: 259
- Views: 17577
- Fri Apr 24, 2020 10:30 pm
- Forum: Personal Finance (Not Investing)
- Topic: physician/APC pay cuts
- Replies: 133
- Views: 10553
Re: physician/APC pay cuts
Like in a previous post, I am also an airline pilot. Just retired after 33 years in the business at a major airline. I agree. Don't take the pay cut unless they open the books and the viability of the business is in serious risk (it is about to go into bankruptcy or is already there). The company I ...
- Tue Apr 14, 2020 9:45 pm
- Forum: Investing - Theory, News & General
- Topic: What in the world is propping up this market?
- Replies: 214
- Views: 22300
Re: What in the world is propping up this market?
The discounting of future earnings.
- Sun Mar 22, 2020 11:11 pm
- Forum: Personal Investments
- Topic: How much you lost/gain since Feb 20,2020 ?
- Replies: 366
- Views: 33021
Re: How much you lost/gain since Feb 20,2020 ?
Down 1.5 mil. Bought some at S&P500 down 10% and down 30%. Will probably buy more if it goes down 40% and 50%.
- Wed Mar 11, 2020 9:44 pm
- Forum: Investing - Theory, News & General
- Topic: Coronavirus and the market
- Replies: 4089
- Views: 324591
Re: Coronavirus and the market
It will be interesting to see if Warren Buffett does anything during this pullback.
- Thu Feb 20, 2020 11:42 am
- Forum: Personal Finance (Not Investing)
- Topic: Any ideas for a little extra money each year?
- Replies: 34
- Views: 3162
Re: Any ideas for a little extra money each year?
Become an Uber driver.
- Wed Feb 05, 2020 5:20 pm
- Forum: Investing - Theory, News & General
- Topic: Why are you holding bonds
- Replies: 161
- Views: 12036
Re: Why are you holding bonds
I am 64/married. Although I think it is expensive (loss of return), I keep 10 years of basic expenses in cash and bonds so I sleep better at night.
- Thu Jan 30, 2020 11:20 pm
- Forum: Personal Consumer Issues
- Topic: When do you replace water heater?
- Replies: 29
- Views: 2474
Re: When do you replace water heater?
At about 15 years. Along with other things (these all on the car) - brakes, belts, oil, battery, water pump - I don’t try to get the last 10% (or so) of use out of them. One house flood was enough!
- Sun Jan 19, 2020 5:49 pm
- Forum: Personal Investments
- Topic: Deploying a $40m windfall in current market conditions
- Replies: 67
- Views: 12158
Re: Deploying a $40m windfall in current market conditions
Don’t forget you need to be able to sleep at night! I would feed it in all asset classes (US stocks/bonds/foreign stocks) over the next 2 to 3 years.
- Sun Dec 29, 2019 5:06 pm
- Forum: Investing - Theory, News & General
- Topic: Peter Lynch on Barron's Roundtable Tonight
- Replies: 61
- Views: 5191
Re: Peter Lynch on Barron's Roundtable Tonight
I heard Peter Lynch say something in that interview about people losing more money in anticipation of downturns than in actual downturns... did anyone catch the quote? I suppose he meant people selling on (false) fears that stocks were about to lose value. - he said something like, "more money...
- Sat Dec 28, 2019 11:09 pm
- Forum: Personal Investments
- Topic: Should I sell my farmland and buy stocks?
- Replies: 65
- Views: 5514
Re: Should I sell my farmland and buy stocks?
I would keep the farmland. It is a good hedge as it will have value no matter what happens to the economy or US dollar. I understand Warren Buffett owns a farm.
- Mon Dec 16, 2019 3:26 pm
- Forum: Investing - Theory, News & General
- Topic: The worst investment advice I know
- Replies: 170
- Views: 14921
Re: The worst investment advice I know
The place to invest is in penny stocks.
- Fri Dec 06, 2019 11:27 pm
- Forum: Investing - Theory, News & General
- Topic: who here is tempted to pullback on stocks?
- Replies: 142
- Views: 36425
Re: who here is tempted to pullback on stocks?
I generally never sell stocks.When they seem to get overvalued I do donate them to the church we attend (instead of cash). Otherwise, when my portfolio gets stock heavy I just put new money into bonds. Been doing that since 1980.
- Thu Nov 28, 2019 2:08 pm
- Forum: Personal Consumer Issues
- Topic: Flaunt Your High-Mileage Car
- Replies: 661
- Views: 94306
Re: Flaunt Your High-Mileage Car
2004 Highlander 190k miles, no plans to get anything else
- Thu Nov 28, 2019 2:05 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 4978
- Views: 1315451
Re: What Book Are You Currently Reading? Part VI
Persuasion by Jane Austin
- Sun Nov 24, 2019 11:12 pm
- Forum: Personal Investments
- Topic: Which funds do YOU have in your taxable account?
- Replies: 81
- Views: 8683
Re: Which funds do YOU have in your taxable account?
VTI, QQQ, plus some individual stocks (KO, PEP, MCD, APPL, PG, DIS, COST, WMT, etc. that I have owned for an extended period of time). I bought almost all of the stocks many years ago and have held them ever since.
- Sun Nov 24, 2019 10:09 am
- Forum: Investing - Theory, News & General
- Topic: How much money do you need to create generational wealth?
- Replies: 78
- Views: 11762
Re: How much money do you need to create generational wealth?
My goal is to not be a burden for our children, provide for my wife if I die first, and to provide in-state college educations to all my grandchildren.
- Thu Oct 24, 2019 3:58 pm
- Forum: Investing - Theory, News & General
- Topic: Long Term Treasuries?
- Replies: 6
- Views: 659
Re: Long Term Treasuries?
The prices are up because people are willing to pay more for them - thus the yield is down.
- Sun Oct 20, 2019 9:39 pm
- Forum: Personal Finance (Not Investing)
- Topic: For those who are FI: At what point did you begin to relax?
- Replies: 76
- Views: 11344
Re: For those who are FI: At what point did you begin to relax?
2 million net worth
- Sun Sep 29, 2019 8:47 am
- Forum: Investing - Theory, News & General
- Topic: Ken Fisher wants you to know that he cares...
- Replies: 49
- Views: 5173
Re: Ken Fisher wants you to know that he cares...
I understand Ken is worth $3+ billion. I’m going to assume he knows something about running a business and marketing.
- Fri Sep 06, 2019 11:10 pm
- Forum: Personal Consumer Issues
- Topic: Mensa membership
- Replies: 90
- Views: 7969
Re: Mensa membership
Buy a motorcycle. Join a motorcycle club. Probably be more fun!
- Sat Jun 29, 2019 10:57 pm
- Forum: Personal Investments
- Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
- Replies: 167
- Views: 21902
Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
I sell covered calls on individual stocks and a couple of indexes (spy, qqq). I do that with some money that would be in bonds. Have earned 8-10% over the last 6 years.
- Sat Jun 22, 2019 10:24 pm
- Forum: Personal Consumer Issues
- Topic: Subaru Ascent vs Toyota Highlander...
- Replies: 37
- Views: 4871
Re: Subaru Ascent vs Toyota Highlander...
Bought a 2004 Highlander new. Currently has 189500 miles with no significant problems. Been a great car. Still going strong.
- Sat Jun 08, 2019 11:16 pm
- Forum: Investing - Theory, News & General
- Topic: Best day of the month to invest?
- Replies: 41
- Views: 5410
Re: Best day of the month to invest?
When you have the money to do so.
- Sat Jun 08, 2019 10:28 pm
- Forum: Personal Finance (Not Investing)
- Topic: Paying for rent is throwing away money...myth?
- Replies: 302
- Views: 22373
Re: Paying for rent is throwing away money...myth?
Do the math. Renting could be the way to go if you invest any savings. My wife and I have owned 2 different homes over the last 33 years. We bought because we like owning our home. After looking at it (several years ago) I don’t think I am financially better off by owning.