Search found 480 matches

by 209south
Thu Jan 16, 2020 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Taking bonus as profit-sharing 401(k) contribution
Replies: 1
Views: 373

Re: Taking bonus as profit-sharing 401(k) contribution

Hoping to do the same thing. I'm 59 so max 401k is $26k leaving room for ~$30k of profit sharing to go to 401k. Did you receive any good answers to your questions?
by 209south
Sun Sep 22, 2019 7:12 am
Forum: Personal Investments
Topic: International Bonds and Stock Allocations
Replies: 15
Views: 1158

Re: International Bonds and Stock Allocations

I have a defensive 35/65 portfolio as I approach retirement - equities are 50/50 US/intl and bonds are 80/20 US/intl. There is no right answer but this allocation works for me.
by 209south
Sat Jun 29, 2019 2:47 pm
Forum: Investing - Theory, News & General
Topic: Why NO International Bond Index ??
Replies: 37
Views: 5151

Re: Why NO International Bond Index ??

I invest in international bonds. I will say why I do, but please know that I am just a regular investor not trying to sway anyone. Others on this forum know way, way more than I. I wanted the diversification. I think many people become weary when they look at the yield on Vanguards website. There i...
by 209south
Mon Apr 15, 2019 8:01 pm
Forum: Personal Consumer Issues
Topic: Is Brooks Brothers Shirts are in sale ?
Replies: 17
Views: 1865

Re: Is Brooks Brothers Shirts are in sale ?

I'm a BB fan and the 4 for $200 deal is terrific. I bought a few Thyrwitt shirts but found the cuffs far too tight for my wrists, something I have never experienced with any other shirts...this was 7 or 8 years ago so maybe they've changed?
by 209south
Sun Apr 14, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 22835

Re: Talk me in/out of $35k Tesla Model 3

I bought a $55k Model 3 in November so I can't comment directly on the $35k version. My understanding is that the lower-priced version is still available; but not online, probably because Tesla realized (too late) that it makes no sense to make a $35k version when they have plenty of demand for the ...
by 209south
Sat Apr 13, 2019 9:54 am
Forum: Personal Investments
Topic: Planning pre-retirement
Replies: 14
Views: 2254

Re: Planning pre-retirement

Two things. If I had a known tax liability of $450k a year from now, I'd either just pay it now or I'd buy a 12-month (or 9-month, depending on the dates) CD to defease that liability. I would take zero risk on that i.e. I would not invest that money at your 50-50 asset allocation. At a time when I ...
by 209south
Tue Apr 09, 2019 8:28 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2380

Re: Edward Jones CDs

Thanks, kids are 30, 27 and 24 and will be 35, 32 and 29 when Trust expires (unless Grandfather passes earlier). Total value is ~$1.1mm of which $20k is cash and that is being moved to CDs...hopefully will be ~$20k p.a. dividends to move to CDs so in 5 years will be ~$1mm equities and $100 CDs. If i...
by 209south
Tue Apr 09, 2019 6:09 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2380

Re: Edward Jones CDs

Sorry duplicate post
by 209south
Tue Apr 09, 2019 6:09 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2380

Re: Edward Jones CDs

There wasn't much substance behind the replies here. I understand EJ is general high-cost but their CD rates look good. My kids have a medium-sized Trust in their names, with all assets held at EJ. It is 98% US equities so has had a great run; but with the Trust expiring in <5 years I've urged my fa...
by 209south
Sat Mar 30, 2019 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 17251

Re: How often do you check your net worth?

I update my #s every Saturday, principally because I'm paranoid about cyber-security issues. I do a full review each January and update my long-term budget, etc. I'm 59 and ~2 years from retirement so very much focused on making sure I'm covered on longevity hopes and bequest desires.
by 209south
Sun Jan 27, 2019 11:40 pm
Forum: Investing - Theory, News & General
Topic: Yes...another question/comment about gold
Replies: 30
Views: 1473

Re: Yes...another question/comment about gold

I agree with your feelings about our economic condition and feel an inevitable reckoning is at hand - not this year but certainly in my life time. With respect to gold as part of your portfolio, how much money do you have? If you have a lot to protect, by all means allocate some portion of portfolio...
by 209south
Fri Dec 14, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Should I buy a Tesla?
Replies: 123
Views: 7000

Re: Should I buy a Tesla?

If you are looking for a new car the Model 3 is the value play, even ignoring subsidies. You will save a lot on maintenance and will almost certainly save 50% or more on fuel depending where you live. I got my Model 3 six weeks ago to replace an Audi S4 and I am blown away. Anybody buying a midsize ...
by 209south
Tue Nov 06, 2018 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 8097

Re: Never thought of living in Bay Area but just got a call from Tesla

If you are ambitious I would give it serious consideration. I don't work at Tesla but know them well - the company is full of rock stars. Having said that, it's a tough place and turnover is high. I would regret not at least understanding the economics, the culture and the career opportunity - the w...
by 209south
Mon Oct 08, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 909
Views: 74821

Re: Talk me out of buying a Tesla Model 3

I haven't test driven either, but my S4 is already too fast for my wife so I know I don't want the faster Tesla!
by 209south
Mon Oct 08, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 909
Views: 74821

Re: Talk me out of buying a Tesla Model 3

I am picking up my Model 3 later this week, but am getting the mid-range version - $55k with dual-motors, 0-60 in 4.6s, 310mile range - that is same price and performance as an S4 (my current car) before considering rebate and NJ sales tax waiver. To repeat, THE MODEL 3 IS CHEAPER TO BUY than it's b...
by 209south
Fri Oct 05, 2018 7:25 am
Forum: Personal Finance (Not Investing)
Topic: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018
Replies: 69
Views: 14994

Re: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018

Loved a prior edition. Just bought 4 on Amazon - one for me and one each as Christmas presents for my 3 20-something kids! They all already indoctrinated in their investing ways, but the common sense advice about living within your means can not be over-emphasized.
by 209south
Mon Aug 06, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 19664

Re: "Age in Bonds" fails almost everyone

I have no idea if 'age in bonds' is good advice, but I know beyond a shadow of a doubt that one cannot properly refute that approach by relying on the advice of 'three top-rated target date fund managers'...GMAB. Different people have different financial and risk profiles and 'rules' are not set in ...
by 209south
Mon Aug 06, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 19664

Re: "Age in Bonds" fails almost everyone

I have no idea if 'age in bonds' is good advice, but I know beyond a shadow of a doubt that one cannot properly refute that approach by relying on the advice of 'three top-rated target date fund managers'...GMAB. Different people have different financial and risk profiles and 'rules' are not set in ...
by 209south
Sat Jun 16, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 83
Views: 12538

Re: African Safari: Worth it or Hype?

100% worth it. Bucket list. Must-do.
by 209south
Fri Jun 15, 2018 11:43 am
Forum: Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 96
Views: 17114

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

My 5/1 ARM just hit the 5-yr anniversary and the rate is going from 2.625% to 4.625% so I terminated 4x$25,000 of the Ally no-penalty CDs to prepay $100k of my mortgage. I like the liquidity the mortgage provides but with the SALT limitation and the rate adjustment this was a no-brainer. Tougher que...
by 209south
Thu May 24, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Florida Living
Replies: 50
Views: 7748

Re: Florida Living

I live in the northeast but have a beachfront condo in Jupiter, FL, 20 minutes north of Palm Beach. You have a number of attractive areas on your list, but should add Palm Beach Gardens and Jupiter. These are not bargain-spots but offer a very high quality of living, with a broad array of housing op...
by 209south
Wed May 09, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: Florida road trip - what towns to stay in?
Replies: 28
Views: 2421

Re: Florida road trip - what towns to stay in?

In January the air and water temps will be best in SE and SW Florida. If this is an exploratory trip you owe yourself a day on the beach and night on the town in South Beach...it may not be boglehead-ish but it will be memorable. I found the boat tour of Fort Lauderdale a pleasant surprise...amazing...
by 209south
Mon Apr 30, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 9513

Re: Larry Swedroe: Real Estate Isn’t Special

I'm struggling intellectually with the observation that the return profile of REITs is 40% impacted by longer-term high yield bonds, but Larry has always argued against including high yield bonds in a portfolio...what part of a Larry portfolio (70% treasuries + 30% SV) mimics that 40% high yield per...
by 209south
Sun Mar 18, 2018 8:59 pm
Forum: Personal Investments
Topic: Annuities?
Replies: 10
Views: 2083

Re: Annuities?

Like many things, 'it depends'. If you are retiring at 65 with 95% equities, then an increase in your fixed income exposure may be advisable. It largely depends on how much of your retirement spending will be satisfied by social security payouts, and when you will commence SS? Annuities have their d...
by 209south
Wed Dec 20, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Tax-planning - What to pay in '17 before it's too late?
Replies: 33
Views: 2541

Re: Tax-planning - What to pay in '17 before it's too late?

chicagoan23 wrote:
Wed Dec 20, 2017 12:28 pm

8. Defer as much income as possible, including capital gains, into next year. Tax loss harvest this year.
Would this be wise for those of us losing huge SALT deductions? My property tax is >$75k and state and local income tax >$100k - I think I'm better off accelerating capital gains???
by 209south
Sun Dec 17, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 42736

Re: Ally 11 month CD with no penalty vs regular high yield saving account

Thanks for highlighting this! I've had $250k in the Ally Online Savings account for a couple years - their online service works very well for me - just set up 5 different $25k CDs to pick up 35bps of interest for the next 11 months. All told it took less than 5 minutes.
by 209south
Mon Oct 02, 2017 2:46 pm
Forum: Personal Investments
Topic: Impact of Company Stock on Asset Allocation
Replies: 4
Views: 690

Re: Impact of Company Stock on Asset Allocation

Thanks for the feedback. I will exclude this from my portfolio going forward as my stock/option exposure will be highly volatile and is non-correlated to other investments. The 'portfolio' will continue to be defensive and represents my 'won the game, baseline comfortable retirement' and my company ...
by 209south
Sun Oct 01, 2017 2:52 pm
Forum: Personal Investments
Topic: Impact of Company Stock on Asset Allocation
Replies: 4
Views: 690

Impact of Company Stock on Asset Allocation

I joined a public micro-cap mining company as CEO 10 weeks ago. I made a small investment in the company and will invest more as part of a financing we are undertaking over next several weeks - my total invested capital will be ~5% of my net worth. I have a very substantial option package and this i...
by 209south
Fri Aug 11, 2017 9:12 pm
Forum: Personal Consumer Issues
Topic: Elite status clubs that you are part of?
Replies: 31
Views: 4469

Re: Elite status clubs that you are part of?

I'm a member of several, but only 'elite' with United and Starwood. With United I get free upgrades regularly, which is a huge benefit, and free luggage / early boarding etc. (I'm also a 'million-miler' with United (and American and Air Canada) which gives my wife identical status - that' a great pe...
by 209south
Fri Aug 11, 2017 7:56 pm
Forum: Personal Consumer Issues
Topic: Harry Bosch: the Amazon Series vs the novels
Replies: 58
Views: 11697

Re: Harry Bosch: the Amazon Series vs the novels

My wife and I have had Amazon Prime for years and order goods very frequently...had never used the free video service but traveled on business to Australia last week and downloaded a few movies + Bosch Season 1 as well as Catastrophe Season 1 and loved them both...all for free (once you've paid the ...
by 209south
Wed Jun 21, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 42736

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

This is timely. I have 3 Ally CDs maturing next month and also have $75k in a 'raise-your-rate CD expiring in 11 months...I logged in this morning and was informed that that was eligible for an upgrade from 1.30% to 1.50% so I hit the bid...I may forego a future higher rate-rising opportunity but I'...
by 209south
Tue Jun 13, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Small company 401k
Replies: 30
Views: 3499

Re: Small company 401k

Just back online - gasdoc, that is very helpful and I'm now registered with the folks at Dedicated Defined Benefit Services to learn more - I agree this seems like a particularly attractive opportunity for someone at my stage.
by 209south
Mon Jun 12, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Small company 401k
Replies: 30
Views: 3499

Re: Small company 401k

gasdoc, I hadn't thought of that...how would that work and who should I speak with re. administration? I am 57 btw and intend to be in this job for 2-4 years, by which time we hope to have sold the company...maximizing tax shelter and creating some sort of annuity/pension are big objectives. ERISAst...
by 209south
Mon Jun 12, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Small company 401k
Replies: 30
Views: 3499

Re: Small company 401k

Simple IRA has far lower contribution limits, I believe...yes, gilgamesh your suggestion of Employee Fiduciary turns out to be a good one, and I will look into guideline.com as well!
by 209south
Mon Jun 12, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Small company 401k
Replies: 30
Views: 3499

Re: Small company 401k

Employee Fiduciary appears to charge as follows: - One-time set up fee - $500 - Annual admin fees - $1,500 (for up to 30 employees) + 0.08% of plan assets I will call Vanguard later this week to see how their pricing compares, but I really appreciate the heads-up re. Employee Fiduciary...those fees ...
by 209south
Sun Jun 11, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Small company 401k
Replies: 30
Views: 3499

Re: Small company 401k

Thanks, gilgamesh. I am still thinking this through, and frankly I haven't even finished my contract negotiations yet - the idea of a 401k plan came up in the contract review, and the Board members behind the company are comfortable with something being set up, all subject to the appropriate rules, ...
by 209south
Sun Jun 11, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Small company 401k
Replies: 30
Views: 3499

Re: Small company 401k

Thanks, clipson, that is useful advice - I would not have thought of such organizations but will do the research!
by 209south
Sun Jun 11, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Small company 401k
Replies: 30
Views: 3499

Small company 401k

I am joining a very small company as CEO...a publicly-listed mining company with a market cap ~$25mm...currently there are zero full-time employees - all technical and administrative roles are contracted out...that will change over time but it is possible that I will be the only 'employee' for 2017,...
by 209south
Tue May 30, 2017 5:03 am
Forum: Personal Investments
Topic: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"
Replies: 45
Views: 11134

Re: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"

You would seem a perfect candidate for such an asset allocation...100% success based on 3% withdrawals, no legacy aspirations, and a clear understanding of your need / willingness to take risk...go for it, and perhaps one of the LIfeStrategy funds would work so your rebalancing needs are handled. I ...
by 209south
Mon May 29, 2017 6:24 am
Forum: Personal Investments
Topic: All Weather Portfolio for retirement
Replies: 14
Views: 2527

Re: All Weather Portfolio for retirement

I believe Call_Me_Op is on point about the equity/bond allocation...in my reading of most all-weather portfolios there is a far larger fixed income component...and I believe Dalio would even recommend a small allocation to bullion. A nice video describing the background go the development of the ori...
by 209south
Thu May 25, 2017 6:30 am
Forum: Investing - Theory, News & General
Topic: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
Replies: 33
Views: 3039

Re: BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

I haven't seen the article, but if it is accurate I agree with your premise...I invest with Vanguard because they are a low-cost provider of investments I seek...i.e. broadly diversified index funds. I am not interested in their 'actively managed' funds, and am similarly not interested in them provi...
by 209south
Sat May 20, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: New job - employee vs. contractor
Replies: 6
Views: 1273

Re: New job - employee vs. contractor

Good question, and I don't know the answer for sure...but it is not uncommon in the junior mining space, where many people wear multiple hats with multiple companies. This is a relatively new company, and the only three people working full-time are contract geologists receiving pay on a per diem bas...
by 209south
Sat May 20, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: New job - employee vs. contractor
Replies: 6
Views: 1273

Re: New job - employee vs. contractor

Thanks - I am seeking professional tax counsel but often find more creative ideas on here than I do via lawyers. With respect to the movie Gold, not only have I seen the movie but I somewhat lived the movie as I was part of the team advising the chosen buyer for Bre-X...the fraud was discovered thro...
by 209south
Sat May 20, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: "Stocks, Bonds and Future Returns" by Prof. Jeremy Siegel
Replies: 65
Views: 8469

Re: "Stocks, Bonds and Future Returns" by Prof. Jeremy Siegel

A good presentation by Siegel - I will have to print and review in more detail, but my key takeaways are: 1. Long-term investments in US equities worked out very well over the past two centuries...this unfortunately provides little assistance with respect to future returns. 2. Global powers in 1900 ...
by 209south
Fri May 19, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: New job - employee vs. contractor
Replies: 6
Views: 1273

New job - employee vs. contractor

I am starting a new job as CEO of a micro-cap mining company...early stage and the few current dedicated personnel are working on a contract basis. I have been offered the opportunity to work either as an 'employee' or on a contract basis...salary $250k bonus expectation $100k and a whole whack of s...
by 209south
Fri May 19, 2017 8:26 am
Forum: Personal Investments
Topic: REITs: Count as Stocks or Bonds?
Replies: 49
Views: 6385

Re: REITs: Count as Stocks or Bonds?

I count REITs as Alternatives, not stock or bonds - my asset allocation is ~25-55-20 fixed income-equities-alternatives, and within the 20 alternatives I have 7.5% bullion, 2.5% commodities and 5% each domestic and international REITs. My investing objectives include 'protecting what I've earned', a...
by 209south
Thu Apr 27, 2017 9:19 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 736
Views: 172545

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

Late to the party and don't want to belabor the point, but I am 1,000% supportive of Smith1776's position on the US-centric nature of this forum. Sure there's broad (though not universal) appreciation of the benefits of international equity diversification, but there is overwhelming scorn for the id...
by 209south
Wed Apr 26, 2017 5:16 pm
Forum: Personal Investments
Topic: Retirement income for 50+ years?
Replies: 167
Views: 20181

Re: Retirement income for 50+ years?

First, congratulations on your success to date! Many excellent points above - I'd summarize my perspective as follows: 1. take your time - these are BIG decisions, and there is no need to rush - neither the equity or fixed income markets are 'cheap', so there is no need to aggressively invest today....
by 209south
Sun Apr 23, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Larry Portfolio Equities: What % Each Market?
Replies: 50
Views: 5389

Re: Larry Portfolio Equities: What % Each Market?

There are two issues: 1. How to divide the equity portion of the portfolio? If using Vanguard mutual funds you'd be roughly 50% VBR, 37.5% VSS and 12.5% VWO - it's not perfect but close enough. Are you accounting for VSS already having Emerging Market Small Caps at market cap weighting? I've been t...
by 209south
Sun Apr 23, 2017 2:25 pm
Forum: Investing - Theory, News & General
Topic: Larry Portfolio Equities: What % Each Market?
Replies: 50
Views: 5389

Re: Larry Portfolio Equities: What % Each Market?

From Looking at the FTSE Global Small Cap, counting Taiwan and South Korea as Emerging, you get 11.92% Emerging markets in this category. http://www.ftse.com/Analytics/FactSheets/Home/DownloadSingleIssue/GAE?issueName=GEISSC The current US/Developed/Emerging split is 53.24/34.84/11.92. All of those...