Search found 4494 matches

by btenny
Sun Oct 21, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Globus Journeys - tour group
Replies: 8
Views: 508

Re: Globus Journeys - tour group

I took a Europe wide tour with my teenagers and wife back in 1995ish with Globus. It was great but fast. It was 20 days for 8 countries as I recall. The tour included the bus and a English channel ferry and the hotels and many meals. The ride along tour guide was great. He was a English boarding sch...
by btenny
Sat Oct 20, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: New early retiree, looking to start this off correctly
Replies: 5
Views: 1321

Re: New early retiree, looking to start this off correctly

I do my taxes in March and then take my rmds and rebalance all my investment accounts in June. When I do this rebalance I put 2 years of spending in cash in taxable. I also put 3 years of spending in limited term muni funds as well. I do not reinvest dividends or interest in my taxable account. I mo...
by btenny
Sat Oct 20, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Received strange letter from IRS
Replies: 14
Views: 2485

Re: Received strange letter from IRS

I got a similar letter when I revised my return for some added income. I had to take a little more rmds from a inherited ira. I was told this is normal and to not expect further correspondence. The letter is to tell you they are looking at the return. Did you revise your 1040? Or do some other stuff...
by btenny
Sat Oct 20, 2018 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: “The Worst Kind of Bear Market”
Replies: 23
Views: 4151

Re: “The Worst Kind of Bear Market”

This inflation issue is why many old timers are big fans of dividend stocks like utilities and reits. They hold the line on value in inflation and pay you a nice dividend to hold them. They also hold more value in down markets due to these dividends vs non dividend stocks. Many guys like Warren Buff...
by btenny
Wed Oct 17, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Sneakers with good arch support
Replies: 33
Views: 1772

Re: Sneakers with good arch support

I had lots of feet issues starting in my 40s from walking constantly on hard cement floors at work. I changed to New Balance walking shoes with a "Roll Bar" and special arch support. My feet loved them. I buy a pair or so per year and have for the last 20 years or so. They make the Roll Bar versions...
by btenny
Wed Oct 17, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 77
Views: 4176

Re: Personal Adventure - recommendations

Buy a boat and cruise the canals of Europe for a summer or a year or more. Or buy another boat and cruise the Carribean islands. https://www.french-waterways.com/practicalities/canal-route-mediterranean/ https://www.amazon.com/gp/product/B00IGCVGG6/ref=as_li_tf_tl?ie=UTF8&camp=1789&creative=9325&cre...
by btenny
Wed Oct 17, 2018 11:47 am
Forum: Personal Consumer Issues
Topic: Personal Adventure - recommendations
Replies: 77
Views: 4176

Re: Personal Adventure - recommendations

You obviously like boats so I second the recommendation to take a long boat trip around the "Great Loop". It takes 2-12 months or even multiple years if you do the loop in segments. It takes a lot of planning. It is fun single handed or for couples or families. You can spend a lot of time on board o...
by btenny
Sat Oct 13, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 70
Views: 5371

Re: Weigh in on our Marital Argument =)-- HCOL edition

You need to stay where you are while your husband looks for a new job out of NYC. The HCOL in a very small apartment in NYC is killing your life and it will only get worse as your kids get bigger. You both can take big pay cuts to live somewhere else that is cheaper and more conducive to real family...
by btenny
Sat Oct 13, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Census [Received form in mail]
Replies: 21
Views: 1741

Re: Census

Thanks for the responses. I did some more digging and found the following. The request is the American Community Survey from the census bureau. Answering it is required by law. It does not ask for my SS number. But it does ask for lot of very intrusive data. I guess I have to do this survey or at le...
by btenny
Fri Oct 12, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: Census [Received form in mail]
Replies: 21
Views: 1741

Census [Received form in mail]

I got a form in the mail last week that looks like it is from the federal govt. It asks me to log onto a website and provide detailed census data and my social security number and other details. It says response is required by law. I got a follow up form today asking again for the data. Did anyone g...
by btenny
Mon Oct 08, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: What are your strategies when shopping for a house?
Replies: 38
Views: 3354

Re: What are your strategies when shopping for a house?

Most home buyers miss the location location issue big time and flop around a lot by looking in the wrong places. Finding a good home takes time and effort. Look at a lot of homes and be patient. I took over a year each time I moved and bought my next home. Both times we used the process below to sel...
by btenny
Mon Oct 08, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: shingles or metal roof and open cell foam or cellulose
Replies: 2
Views: 335

Re: shingles or metal roof and open cell foam or cellulose

I live in Tahoe part time and there are lots of metal roofs. I see lots of issues with them. They are not 30 year roofs, more like 10 years. Metal roof paint dries out and wears off to shinny metal after a few years. Metal roofs rust around the screw holes. Both conditions look bad. No fix is availa...
by btenny
Mon Oct 08, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 11043

Re: Talk me out of buying a Tesla Model 3

I am sorry but IMO you do not have enough money saved to justify spending that much for a car. If you were making say $300K and had savings of say $2M to $3M then I would say go for it. But you just are not that rich for a guy who is 45. Go buy a lower cost car and keep saving that $700 per month. G...
by btenny
Sun Oct 07, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Retired 66 year old
Replies: 10
Views: 2217

Re: Retired 66 year old

Please tell us your spending in detail if possible. The issue with your safe plan and not spending any of your investments is inflation. The $48k you are budgeting may be too low to support you in 10-15 years or so as inflation cuts your effective income in half.... Or what happens to your budget wh...
by btenny
Sun Oct 07, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: David Stein Money For the Rest of Us, and the Shrinking stock market
Replies: 2
Views: 772

Re: David Stein Money For the Rest of Us, and the Shrinking stock market

Clearly the number of companies that are public is going down dramatically. See below. I am not an economist so I have no idea about the reasons why. But I do know from personal experience that there is just a ton more readily available private money to fund small companies. In the 1970s I did a sma...
by btenny
Sun Oct 07, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement health insurance from employer
Replies: 9
Views: 1072

Re: Early retirement health insurance from employer

I retired in 1998 and paid in $150 per month for my employer health insurance. When I went on medicare 12 years later I was paying $950ish. So expect significant cost increases and benefit changes and plan accordingly.
by btenny
Sat Oct 06, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: Garage Shelving?
Replies: 31
Views: 3262

Re: Garage Shelving?

Go to some garage sales around town. Buy a old bedroom dresser that has 4-6 drawers for $25 and put that in your garage. Put various junk in each drawer. Screws stuff drawer 1, nail stuff drawer two, electrical stuff drawer 3, plumbing stuff drawer 4, big tool box on top plus extra space for a work ...
by btenny
Thu Oct 04, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion's: Best time to withdraw RMD's when required to do so.
Replies: 42
Views: 3266

Re: Opinion's: Best time to withdraw RMD's when required to do so.

I did several QCDs to selected charities in june. Then I took the rest of the rmds in july. Had a lot of taxes deducted from the rmds, both irs and state. Was 70.5 in March and did taxes then as well so wanted to make sure that was done before doing rmds. Did not want to wait till December and be pr...
by btenny
Thu Oct 04, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Commercial land for sale, agent and seller are one
Replies: 6
Views: 385

Re: Commercial land for sale, agent and seller are one

The seller is negotiating. He is in no hurry to sell and he thinks waiting and slow rolling will bring a better offer.
by btenny
Sun Sep 30, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Now or Wait
Replies: 18
Views: 1579

Re: Retirement Now or Wait

I suggest you aim for retirement at 2018 year end. You have plenty of money to support your life style on just your savings. In fact your savings will support your lifestyle and a good deal of added fun money in retirement. Plus I suspect you are eligible for Social Security so you will never spend ...
by btenny
Fri Sep 28, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: cleaning lady stealing
Replies: 49
Views: 7424

Re: cleaning lady stealing

Snack. I do not know your friends but IF I encountered them rifling through my medicine cabinet and taking out pills I would yell and scream at them and throw them out. Likewise I would also yell and scream at them if I witnessed them doing this to any of my friends or other persons home. I suggest ...
by btenny
Fri Sep 28, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: cleaning lady stealing
Replies: 49
Views: 7424

Re: cleaning lady stealing

Be thankful they only stole a few pills. My baby sitter stole my 50 silver dollars when she ran off with her boyfriend. They were old and mostly real sliver so major $$ and keep sakes from my Dad. Or another time my male housekeeper of 6 years left a hard porn tape in my VCR that my kids turned on a...
by btenny
Wed Sep 26, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Socially Responsible Investing’s Results
Replies: 5
Views: 651

Re: Larry Swedroe:Socially Responsible Investing’s Results

Oh you are saying that now that everyone knows about this trick, no one will profit a big amount. So then index will win in the future from now on. Correct?
by btenny
Wed Sep 26, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: Oil change interval for low-mileage vehicles
Replies: 89
Views: 5973

Re: Oil change interval for low-mileage vehicles

Snowbird here. We lay up two cars for 3 to 5 months at a time. When we drive them we only put about 5k miles per year or less. We change the oil and get them serviced after driving them each year. Then we store them with clean oil. We use a synthetic blend in both.
by btenny
Wed Sep 26, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Socially Responsible Investing’s Results
Replies: 5
Views: 651

Re: Larry Swedroe:Socially Responsible Investing’s Results

As of mid 2017 AL Gores fund was up 18% annually vs 12% for sp500 over previous 5 years per Barron's article. That is a major advantage. So maybe socially conscience investing works. Is it clear they will beat indexes over the longer term?
by btenny
Sat Sep 22, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: HVAC Options -- Any advice?
Replies: 29
Views: 1755

Re: HVAC Options -- Any advice?

Something is funny with this quote. They are giving you a heat pump ac/heater condenser and related stuff. Why? Then they are quoting a fulll gas heater. Why two heating units? If I were you I would ask what it costs to just put in a new dual mode heat pump heater and ac cooler all in one unit and f...
by btenny
Sat Sep 22, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Another job interview ‘skip the tie’ question
Replies: 29
Views: 2090

Re: Another job interview ‘skip the tie’ question

Marketing Managers and top level start up people are expected to be thought leaders and trend setters. So following the "normal dress code" might not impress anyone. Especially in Seattle or the west coast in general. How does you husband lead? Does he over power others with cleaver words? Pictures?...
by btenny
Sat Sep 22, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone [Samsung Galaxy S9+] — Please Critique This Plan
Replies: 123
Views: 6517

Re: My Very First Smartphone — Please Critique This Plan

I know you mentioned watching video and you tube and like stuff as uses for your new phone. You also said you were sticking to the Samsung S9 or S9+ as the size phone you wanted. But screen size (especially for video applications) is such a personal thing that you just have to use the various phones...
by btenny
Wed Sep 19, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: Long term stays/vacations
Replies: 11
Views: 1596

Re: Long term stays/vacations

Read the blog homefreeadventures.com. The authors travel 6 months or more per year and stay 4 weeks or so at each place. Lots of good stories and advice.

Good luck.
by btenny
Wed Sep 19, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11655

Re: Did you really have something to retire to?

Nope. No plan. I just knew that my old job and company was not for me any longer so I took a early out package and retired. Then I looked around and decided that not working was good and that I had enough money to stay retired. I did house projects and lots of helping kid look for a college. Then I ...
by btenny
Wed Sep 19, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 133
Views: 11655

Re: Did you really have something to retire to?

Nope. No plan. I just knew that my old job and company was not for me any longer so I took a early out package and retired. Then I looked around and decided that not working was good and that I had enough money to stay retired. I did house projects and lots of helping kid look for a college. Then I ...
by btenny
Wed Sep 19, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Does this job exist (another want-to-quit-corporate-world thread)?
Replies: 35
Views: 3722

Re: Does this job exist (another want-to-quit-corporate-world thread)?

Become the lawn mowing and snow blower guy for people in your neighborhood. My guy is 70ish and does 20 or so houses around here. He works 3-4 days a week. He gets $150 per month for summers and $400 per house for snow blowing. Before his wife passed away they did full home and rental management of ...
by btenny
Wed Sep 19, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: "7 Retirement-Portfolio Withdrawal Mistakes to Avoid"
Replies: 13
Views: 2207

Re: "7 Retirement-Portfolio Withdrawal Mistakes to Avoid"

Most people confuse their Marginal Tax bracket with their Effective Tax bracket which is much less for most payers. I know the 25% Marginal Tax bracket used to apply to people who made $100K income. This meant if they earned $100 more they would pay $25 more in tax. But overall they only paid $15K t...
by btenny
Tue Sep 18, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: "Taking" RMDs
Replies: 18
Views: 1743

Re: "Taking" RMDs

I sell shares in my IRA and use the cash plus some dividend cash to do QCD distributions to my three charities in June. Then I distribute the rest of the RMD in cash from my IRA to my other taxable brokerage account in July. I also pay the IRS and state taxes when I make that distribution. I did all...
by btenny
Sat Sep 15, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: How to retire
Replies: 9
Views: 1822

Re: How to retire

Retired friends is one of the key things we love about our second home. It is in a resort town and lots of semi residents are older retired people like us. So we have tons of parties and dinners and womens club days and mens days and beach boat days etc.. There is always a fun get together. But my o...
by btenny
Fri Sep 14, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 98
Views: 7565

Re: Leasing Cars in Retirement

I am long term retired. Back in 2013 I leased a new Subaru Outback to save $$on taxes. If I paid cash of $36k so i would have not have to withdraw about $20k of that from my ira and pay 25% taxes or sell stocks and pay capital gains. So I leased it for 39 months at 1% interest plus fees and then bou...
by btenny
Fri Sep 14, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 10012

Re: How real is cyber risk?

Agree with Victoria. Use 2 brokers for your stocks, 2 banks for checking and 3 to 5 credit cards and keep some cash on hand.
by btenny
Thu Sep 13, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Frozen In Place - Buying a Home - Don't know what to do
Replies: 13
Views: 970

Re: Frozen In Place - Buying a Home - Don't know what to do

I think you need to give us a lot more details on your actual expenses and investments and SS and pensions. Then we can do the math and provide some guidsnce. Without that data any answer is pure guess.

Good luck.
by btenny
Sun Sep 09, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9887

Re: What will you do when you find you have more money than expected?

We have been retired a long time and had good luck and ok health. Did good sized QCDs to three charities this year due to our good fortune. Plan to repeat this every year. Also took a big cruise for fun. Now my wife wants a luxury car or suv. But I am moving slow as I want to leave some to our kids ...
by btenny
Sun Sep 09, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement questions, would like others' input...
Replies: 4
Views: 1078

Re: Early retirement questions, would like others' input...

If I read your post correct your overall asset allocation is about 25% stocks and 75% bonds and CDs. This seems too low. 40% or so is what most here recommend to stay ahead of inflation. So I suggest you add stock somewhere. Was your stock allocation this low at EJ? I self manage a bigger and more c...
by btenny
Fri Sep 07, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Selling Internet domain name based on family last name.
Replies: 29
Views: 2723

Re: Received inquiry about purchasing domain name based on my own last name. How to respond?

What kind of phone number can be created from your name? If you can get 800-789-654321 or some other nice easy number from your name the value may be high.
Good luck
by btenny
Sat Sep 01, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 12026

Re: How do you 7 figure guys organize multiple accounts?

I use two different Excel spread sheets, one to track my holdings in each account and my net worth and another to track my asset allocation by fund and stock type. Both sum up to my net worth. I started these 15 years ago and update each of them every few months and at year end to check the $$ amoun...
by btenny
Fri Aug 31, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: 2-stage early retirement plan
Replies: 12
Views: 1999

Re: 2-stage early retirement plan

I also wanted to say I put a lot of my bonds in our taxable account with muni bond funds. I keep 5 plus years of bonds there plus 1-2 years of cash to spend without selling any stocks. I suggest you do something similar. If you retire now you will have very low income for a few years. So you might d...
by btenny
Fri Aug 31, 2018 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: 2-stage early retirement plan
Replies: 12
Views: 1999

Re: 2-stage early retirement plan

I think you are fine to retire or semi-retire now. You have enough money to spend $100K per year plus some small inflation increases for decades. But do not split the $2m and the $500k. Treat it all as one big portfolio with a 60/40 or a 50/50 asset allocation. Then spend 4% of the total. But make s...
by btenny
Fri Aug 31, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Approaching Retirement-Need Help with Investments
Replies: 7
Views: 962

Re: Approaching Retirement-Need Help with Investments

If you already have $3.6M you have enough money to support your selves already saved. So think about quiting and what you want to do. Plus if either of you will get social security that is just more $$ to spend in retirement. I also suggest you sell the individual stocks and simplify your portfolio....
by btenny
Sun Aug 26, 2018 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Approaching Retirement-Need Help with Investments
Replies: 7
Views: 962

Re: Approaching Retirement-Need Help with Investments

Tell us your current monthly expenses and how much $$ you have in taxable accounts? Do you have Roth accounts? Will the lump sum be in tax free form or ira or what? The issue I see is a giant tax bill in a few years as you both do RMDs.
by btenny
Fri Aug 24, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Need a cheap smartphone - no service needed
Replies: 29
Views: 2390

Re: Need a cheap smartphone - no service needed

Get a Samsung Tab A seven inch screen tablet. I am typing this message and reading bogleheads on one now. I use it constantly to read books and newspapers and email and tons of stuff. The big screen is just a lot better than a phone size screen. It costs $130. It fits in my hip pocket. It is only a ...
by btenny
Fri Aug 24, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: 2000-2018 retirement - sequence of returns
Replies: 153
Views: 13700

Re: 2000-2018 retirement - sequence of returns

I am curious what a 30/70 and 40/60 stock/bond portfolios would do during the same period? Could you add those to your calculations? PS. I retired at year end 1998 and have my portfolio results for the above time period and my 50/50 returns were not that poor. But early on I was not that attentive i...
by btenny
Wed Aug 22, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Wrong for being 100% Equities ?
Replies: 62
Views: 5758

Re: Am I Wrong for being 100% Equities ?

Going 100% equities at your age and big salaries vs limited investments is just nuts IMO. You are gambling not investing. You may succeed or you may not. I think you need to figure out (guess in detail) what kind of budget you have to have $$ wise to live on in retirement. Then choose a less risky a...
by btenny
Wed Aug 22, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Adjustment
Replies: 1
Views: 340

Social Security Adjustment

I got a letter from Social Security today with a long discussion of what they paid me in 2017 and 2018 plus what they are going to pay me going forward. I get income taxes and Medicare deducted from the check so a monthly accounting is not shown. Just some $$ amounts. They also said they gave me $2x...