Search found 1740 matches

by sambb
Sun Nov 19, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed and seeking advice for my mother
Replies: 3
Views: 264

Re: Overwhelmed and seeking advice for my mother

LS conservative growth, make sure to save some of the earnings for taxes. Thats it.
by sambb
Sun Nov 19, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 83
Views: 6547

Re: The valet smashed my Tesla into a brick wall!

In addition to diminished value you should also consider the depreciation of the car if it is in the shop for six months waiting for parts. Here's where I might be able to help. I would think that a Tesla forum would have information on availability of parts and repair techniques and manufacturer r...
by sambb
Sun Nov 19, 2017 8:56 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12380

Re: The fear of retirement, black swan, and math to dissuade the fear.

great point about holding money elsewhere than vanguard. I am astonished at their IT and customer service issues that people report here. THis points to a leadership issue usually. Thanks for pointing out that this is preventable by putting funds in more than one place.
by sambb
Sun Nov 19, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options
Replies: 17
Views: 656

Re: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options

Thanks to the OP - so refreshing to hear from someone who is thinking beyond a 3 fund portfolio and offering different and potentially better options for us to consider. Interesting thread!
by sambb
Sun Nov 19, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 7
Views: 753

Re: Planning for the final months of work

i would get rid of edward jones
by sambb
Sun Nov 19, 2017 8:39 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 12380

Re: The fear of retirement, black swan, and math to dissuade the fear.

health insurance and future uncertainty related to it, is a major reason to keep working. so might as well find a job that one likes! I really like mine - the key is understanding the mission of the company, not one's own goals. To me, the most worrisome black swans are vanguard IT failure, internat...
by sambb
Sun Nov 19, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with 360k for an old man
Replies: 28
Views: 2467

Re: What to do with 360k for an old man

target retirement income fund
by sambb
Sun Nov 19, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 151
Views: 9785

Re: The 4% rule DOES fail but still makes sense!

doesnt any rule depend on inflation rates? 4% may not be adequate if inflation goes to 4%?
by sambb
Sun Nov 19, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 83
Views: 6547

Re: The valet smashed my Tesla into a brick wall!

We had a family member with a tesla that had MINOR fender bender, and it took 6 months to even get the parts. Please keep us updated on how long it takes to get parts. There are numerous posts on multiple forums about how cars languish for a long time waiting to be fixed. Would be nice to know if te...
by sambb
Sat Nov 18, 2017 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: 35 yr-old doc needs some wisdom
Replies: 49
Views: 10712

Re: 35 yr-old doc needs some wisdom

M cars are awesome - I would enjoy that car, you earned it! Way better than a civic.
by sambb
Sat Nov 18, 2017 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Costco Eyeglasses - No satisfaction guarantee. Any chance of resolution?
Replies: 26
Views: 2293

Re: Costco Eyeglasses - No satisfaction guarantee. Any chance of resolution?

sometimes, the costs savings isn't worth it - you get what you pay for.
I'd move on to another pair.
by sambb
Sat Nov 18, 2017 10:56 pm
Forum: Personal Consumer Issues
Topic: Hyundai Elantra Special Edition- any thoughts?
Replies: 21
Views: 1365

Re: Hyundai Elantra Special Edition- any thoughts?

i would get civic, accord, or preowned other model (camry, prius)
Not a hyundai
by sambb
Sat Nov 18, 2017 6:38 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 83
Views: 5414

Re: Is holding bonds now dangerous?

Bond funds do NOT always go down when interest rates go up. IN fact sometimes they also go up in value. Dont know why people think that. Just like stock prices do not always go down if a company releases an earnings report that they lost money. It is all about expectations in the free market. Ive re...
by sambb
Mon Nov 13, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 162
Views: 13303

Re: Why NOT make more money?

What about the following: Need 100k/year, so desire to have 2.5M (4%) withdrawal. Lets say right now in 2017, i hit 2.5M,so I could retire. Great. Instead, lets say that i didn't check my balance. And we hit a bear market. And my 2.5M is now 2.0M at 2.0 M in 2018 (after bear market) - my 4% won't gi...
by sambb
Sun Nov 12, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: The Personal Black Swan
Replies: 46
Views: 5668

Re: The Personal Black Swan

I think (rather than asteroids), the black swan is related to catastrophic failure of Vanguard's IT. THere have been innumerable posts about poor IT and poor service from Vanguard. When reading them, it usually indicates a systemic failure at the leadership level to take these things seriously. Ther...
by sambb
Sun Nov 12, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: Are we headed for a crash or...
Replies: 19
Views: 1806

Re: Are we headed for a crash or...

Is this just the beginning? Of course past is no prediction of the future but I found this chart pretty interesting. https://www.beacontechnologies.com/blog/wp-content/uploads/2014/02/17-year-stock-market-cycle.jpg The beginning is now, but nobody knows nothing Nobody knows nothing is a double nega...
by sambb
Sun Nov 12, 2017 9:12 am
Forum: Investing - Theory, News & General
Topic: Fidelity 10X Retirement Rule - - Valid???
Replies: 46
Views: 2954

Re: Fidelity 10X Retirement Rule - - Valid???

It may be as good as any other rule. Sure expenses matter - but they change also. They are not fixed. Some increase spending in retirement, some decrease. Best to calculate both ways. Most people i know, when they get raises, they also eventually raise their standard of living. Otherwise, they would...
by sambb
Sun Nov 12, 2017 1:40 am
Forum: Investing - Theory, News & General
Topic: Fidelity 10X Retirement Rule - - Valid???
Replies: 46
Views: 2954

Re: Fidelity 10X Retirement Rule - - Valid???

its not bad
BH use expenses but those change also
by sambb
Fri Nov 10, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 162
Views: 13303

Re: Why NOT make more money?

It seems like this thread has been hijacked by people who should b e posting in the other thread. The OP asked for the other side of the coin - why not make more money. I see no problem with it. If you like your job, and want to increase inheritance, spending, etc. then yes, go ahead and make more!
by sambb
Fri Nov 10, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: When is a good time to rebalance?
Replies: 30
Views: 2267

Re: When is a good time to rebalance?

also rebalance if risk tolerance changes - you will have to, because your allocations will not match up.
by sambb
Fri Nov 10, 2017 3:50 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 12831

Re: Why make more money?

Considering it wasn't that long ago that people worked dusk to dawn to either grow, hunt or gather food and water their entire lives (and in many places I am sure they still do) I can't see where our society has placed an increased burden on us. If I remember correctly when Social Security was orig...
by sambb
Tue Nov 07, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 9603

Re: Disposable income... how?

We have no idea how the others' finances are. Perhaps they have made a lot on investments, or other ways. Dont assume that the neighbors are "overspenders". They may be way ahead of where you are, or way behind. Not everyone with a nice car or a nice vacation is an overspender. I save a lot and have...
by sambb
Tue Nov 07, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 12831

Re: Why make more money?

I am so glad that enterpreneurs and great CEOs continued to work despite having money, as they were able to continue to grow their businesses, and hence they contributed to the growth of my index funds. Thanks to Gates, Jovbs, Bezos, etc etc etc. And another reason to work could be the experience of...
by sambb
Mon Nov 06, 2017 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 7673

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

I think the 3 fund is not really that simple, maybe one fund is better. Nevertheless, the financial issue is not how one invests, but rather, being taken advantage of by relatives or others who cause you to change or sign over things, change beneficiaries, spend your money, etc.
by sambb
Sun Nov 05, 2017 5:38 pm
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 4721

Re: "Probably the World's Best Investment Forum"

I want to thank the mods also, and i hope to donate to this forum, the link for donation is present if you look!
by sambb
Sun Nov 05, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 7425

Re: Preparing For "Early Retirement" In A Couple of Years

I would not retire. Give it a few years. Take a nice vacation though.
I also would ask if you would retire if the market tanked 30% and jobs were tight, and profits down.
by sambb
Sun Nov 05, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: What to do with Cash right now
Replies: 13
Views: 1018

Re: What to do with Cash right now

There is nothing wrong with being nervous about investing at a market high. My advice is to dollar cost average in, if you dont like a lump sum. Or invest at a 50/50 allocation, if your risk tolerance is low. There is nothing wrong with not wanting to tolerate the risk of current market levels, if t...
by sambb
Sat Nov 04, 2017 8:55 pm
Forum: Investing - Theory, News & General
Topic: "Probably the World's Best Investment Forum"
Replies: 34
Views: 4721

best forum

agree with the comments, but dont understand why this has to be in ALL CAPS
by sambb
Sat Nov 04, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: St Louis: from airport to hotel (uber, shuttle or rental)
Replies: 23
Views: 1123

Re: St Louis: from airport to hotel (uber, shuttle or rental)

uber is what you want to do, and it avoids hassle.
by sambb
Sat Nov 04, 2017 5:20 am
Forum: Personal Finance (Not Investing)
Topic: This is why I'm glad I started investing at 23
Replies: 27
Views: 4643

Re: This is why I'm glad I started investing at 23

I started inverting early also, but i take s different view. I am sometimes the beneficiary of an unfortunate state in which there are people at work who can't understand the politics or how to support the corporate mission. This way, those of us that understand how to move the company forward, are ...
by sambb
Mon Oct 30, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: An individual who owes me money wants my routing and account numbers for ACH transfer. Safe?
Replies: 76
Views: 6362

Re: An individual who owes me money wants my routing and account numbers for ACH transfer. Safe?

The info is already on a check.. dont understand how this is risky compared to writing a check.
by sambb
Mon Oct 30, 2017 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5462

Re: New Car: Ever make sense to lease?

Im so glad i have leased. The invested money went up big in markets this year, and has easily paid the payment on my lease.
Lease was 100% the best move by FAR.
by sambb
Mon Oct 30, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8836

Re: My 401k is almost all cash now. 1/2 Mil

sounds like your risk tolerance changed, so you rebalanced out. Nothing wrong with that, if your risk tolerance changes.
People's risk tolerance can cause rebalancing. Not a big deal of thats what you want to do.
by sambb
Sun Oct 29, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity for HY Bonds
Replies: 1
Views: 186

Re: Variable Annuity for HY Bonds

The marginal gain over munis (int term) is small given the expenses of VA, and the potential taxes at withdrawal, which will eat up the difference. You end up with a lot more risk for a tiny bit of gain.
by sambb
Sun Oct 29, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Hit 2 comma milestone in portfolio thinking of increasing bonds drastically
Replies: 23
Views: 2602

Re: Hit 2 comma milestone in portfolio thinking of increasing bonds drastically

split the difference and move slowly - move to 65/35. Your risk tolerance is changing. Nothing wrong with that at all, and you take some profits off the table. Reevaluate in a few years. Youre doing great, dont overthink this, but nothing wrong with taking some profits down.
by sambb
Sun Oct 29, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: NYTs- "Why Bonds aren't Boring Right Now"- Bogle commentary
Replies: 11
Views: 2084

Re: NYTs- "Why Bonds aren't Boring Right Now"- Bogle commentary

unfortunate that Bogle is prediciting future stock and bond prices/growth. how does he know?
by sambb
Sun Oct 29, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: What strategies do you use to manage risk in your portfolio?
Replies: 21
Views: 1239

Re: What strategies do you use to manage risk in your portfolio?

Think out of the box and get back to basics Best way to manage risk is to increase total assets Best way to increase total assets is to increase savings rate or increase income After that, asset allocation, expense ratios, etc play a role For me, the best risk reduction is constantly evolving at wor...
by sambb
Sun Oct 29, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: 2017 Bogleheads Conference - Annuities: The Good, The Bad, and The Ugly
Replies: 18
Views: 2187

Post tefra cost basis

If a variable annuity was transferred to Vanguard, is the following correct for taxation: Lets say I withdraw early, before ager 59.5 Vanguard lists the POST TEFRA COST BASIS as $1000 The annuity value is $2000 Hence the earnings are $1000 I would owe my AGI rate on the $1000 PLUS and additional 10%...
by sambb
Sat Oct 28, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: What was the main reason you retired?
Replies: 210
Views: 15029

Re: What was the main reason you retired?

amazing how many people dont like their job, i like mine. was in a situation i didnt like - changed it
good poll to see why people retire though
by sambb
Sat Oct 28, 2017 7:40 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to switch from an iPhone to an Android?
Replies: 97
Views: 7123

Re: Is it difficult to switch from an iPhone to an Android?

had android once. never again. ever. too hard to use and limits productivity.
by sambb
Wed Oct 25, 2017 8:01 pm
Forum: Personal Consumer Issues
Topic: When to buy a new car
Replies: 10
Views: 1014

Re: When to buy a new car

i would sell the car
by sambb
Wed Oct 25, 2017 6:30 pm
Forum: Investing - Theory, News & General
Topic: Bogle: Vanguard's size a worry
Replies: 21
Views: 4403

Re: Bogle: Vanguard's size a worry

Mr. Bogle said: "I just don't think it's worthwhile, hyping and trying to bring in more and more money." I couldn't agree more. Spend some money on higher quality service. Lev It's also worth remembering that many of Vanguard's shareholders hold no assets at Vanguard brokerages and do not care abou...
by sambb
Wed Oct 25, 2017 4:37 am
Forum: Investing - Help with Personal Investments
Topic: Can one have too much money in tax-deferred
Replies: 128
Views: 11246

Re: Can one have too much money in tax-deferred

I think I have too much in retirement accounts. And I am stressed out about taxes, feeling like my tax bills are out of control. I worry about both current income taxes, income taxes in retirement, and estate taxes later. I just turned 60, sort of semi-retired, working part time to run my business ...
by sambb
Mon Oct 23, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Building very high net worth
Replies: 81
Views: 8267

Re: Building very high net worth

The doctor path? Not sure about that. It isnt just salary, it is hours worked. So they start with 200k-400k in debt, then enter a low paying job as a intern.resident for 5-6 years AND work 80 hours a week for 50-60k. Isnt that equivalent to making 25-30k in a 40 hours a week job (they work 80). Then...
by sambb
Mon Oct 23, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1584
Views: 281800

Re: What are you up YTD? [Year To Date]

What is the main purpose of this thread - the OP asked for what one is up YTD, but tht changes daily, right? Not sure if this is an actioanble thread? Not criticizing, just trying to learn the point.
by sambb
Sun Oct 22, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.
Replies: 72
Views: 5164

Re: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.

Agree with you about the 911. Heavier cars and Tesla cant compare, and will have limited value 10 years old. Not a 911. Always will work and always will be desired. Wish I kept mine sometimes, and interested in a 911 GT car. Someone here has a 911 GT3 RS from what i remember, hope they chime in. Onc...
by sambb
Sun Oct 22, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Am i missing anything without REITs..
Replies: 5
Views: 626

Am i missing anything without REITs..

I am a 60/40 investor, and I am on track for retirement. I have about 10 years to go to achieve the goal, if the 60/40 portfolio achieves a below average, but positive return. Of my net worth, 40% is in taxable, 40% in tax deferred, and 20% in a paid off home. I am a index investor, with mostly inde...
by sambb
Sun Oct 22, 2017 2:55 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15297

Re: Why do you LBYM? Why do you save and invest?

to the OP, im not sure you know the individuals net worth who was at mcdonalds. Maybe a few dollars didnt matter to them.
by sambb
Sat Oct 21, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.
Replies: 72
Views: 5164

Re: Car Enthusiasts Unite! - Porsche, Benz, Ferrari, Lambo, etc.

Ive owned all sorts of cars - camry hybrids and accord and subaru, and 911s, BMWs, benzes, and Porsche GT cars. Also had a couple of exotics. THey have all been great. I havent had reliabiliyt problems with any of them, and they were the same as toyota or honda. I like the 3rd car concept. I would l...