Search found 1147 matches

by sergeant
Thu Aug 22, 2019 12:44 pm
Forum: Personal Investments
Topic: $1M cash: how to invest
Replies: 39
Views: 2755

Re: $1M cash: how to invest

I agree with the guy you are paying that went over all your information and who sat down with you and went over your goals. If you DCA or lumpsum it will have make no long term difference but your financial planner gave the most correct answer to your question.
by sergeant
Thu Aug 22, 2019 12:33 pm
Forum: Personal Investments
Topic: Cash Investment Question.
Replies: 22
Views: 929

Re: Cash Investment Question.

Perhaps interest rates will settle down, perhaps not. Nobody really knows. What rate is your MM at? Thanks for your reply. My MM rate is presently 2.15% SEC and gradually going down. Certainly no one knows, but I expect that they will go even lower, don't you? I'm a horrible predictor of interest r...
by sergeant
Wed Aug 21, 2019 12:07 pm
Forum: Personal Investments
Topic: Cash Investment Question.
Replies: 22
Views: 929

Re: Cash Investment Question.

Perhaps interest rates will settle down, perhaps not. Nobody really knows. What rate is your MM at?
by sergeant
Wed Aug 21, 2019 12:04 pm
Forum: Personal Investments
Topic: Where to invest 50k today?
Replies: 12
Views: 1111

Re: Where to invest 50k today?

I would pay off the car loan and increase the size of my emergency fund.
by sergeant
Wed Aug 21, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: Stable value funds?
Replies: 11
Views: 622

Re: Stable value funds?

I love my SV fund. Currently at 4.1%. 1.97% isn't great. As earlier mentioned the ER doesn't really matter, what matters is the guaranteed rate.
by sergeant
Mon Aug 19, 2019 5:42 pm
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 150
Views: 10298

Re: When Did You Ease Up On Saving Aggressively?

I guess we still save aggressively since were putting away low six figures every year. I retired 3 years ago and wife retires next month. We started spending much more aggressively a few years back when we hit our number.
by sergeant
Mon Aug 19, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: What do you think about this Prosper loan to pay off car home Reno etc
Replies: 32
Views: 1682

Re: What do you think about this Prosper loan to pay off car home Reno etc

I may be wrong but this whole post stinks of trolling. I wish it was but OP has been around for more that 2 years. At first I was getting upset at the lack of math skills but took a deep breath and realized things that come natural to most here are completely lacking in many. OP, I'm glad you decid...
by sergeant
Mon Aug 05, 2019 5:44 pm
Forum: Personal Investments
Topic: buying pension credits decision
Replies: 19
Views: 1098

Re: buying pension credits decision

Do it. You're probably a safety member if you can retire at such an early age. It gets tougher every year especially as you near 50. I would purchase it using payroll deduction to further lower taxable income. Leave the 457b alone to grow.
by sergeant
Mon Aug 05, 2019 5:22 pm
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 12571

Re: Buy During This Dip?

Sorta. I'm retired but got a gig working for an MLB team at the start of the season. Direct deposit has my pay going to our credit union account and I had forgot about it until this weekend when I decided to transfer it to our Vanguard holdings. I did the transfer today, all into equities.
by sergeant
Mon Aug 05, 2019 4:55 pm
Forum: Personal Investments
Topic: My "Timing the Market" Experiment
Replies: 55
Views: 5290

Re: My "Timing the Market" Experiment

No, I'm not doing this. I'm keeping to my IPS.
by sergeant
Thu Aug 01, 2019 5:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard promoting their Actively managed funds
Replies: 54
Views: 4076

Re: Vanguard promoting their Actively managed funds

Here’s a secret. Vanguard's index funds WON’T beat Vanguard’s active funds most of the time. Other, high cost active funds? Yes. Vanguard low cost active funds? No. It’s closer to about 50/50. Why? Because Vanguard active funds are almost as cheap as their index funds and have turnover close to the...
by sergeant
Thu Aug 01, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: A note on spending for kids
Replies: 148
Views: 10795

Re: A note on spending for kids

My son was an elite baseball player from 10-16 years old. At 16 some of the other players caught up and a lucky few even surpassed him. Sonny played travel ball but we refused to do long distance travel and showcases. A lot of parents hired hitting and fielding and strength coaches. I coached my son...
by sergeant
Thu Aug 01, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard promoting their Actively managed funds
Replies: 54
Views: 4076

Re: Vanguard promoting their Actively managed funds

Their active funds ARE fee efficient and low cost. I don't see any problem.
by sergeant
Thu Jul 25, 2019 2:15 pm
Forum: Personal Investments
Topic: How much life insurance should I get? (baby on the way)
Replies: 44
Views: 2555

Re: How much life insurance should I get? (baby on the way)

fortfun wrote:
Thu Jul 25, 2019 9:30 am
Him: at least 1M 20yr. Term.
Her: at least 500k 20yr. Term.

Maybe more for both if you can get good rates.
I agree on the above totals and length of term.
by sergeant
Wed Jul 24, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Getting New House Fever... Advice?
Replies: 26
Views: 1921

Re: Getting New House Fever... Advice?

I wouldn't stick my DW with a commute anywhere near what you are considering. I would wait until after the wedding, zero student loan debt, and wife is maxing her 457b account before thinking about moving up to a "forever home".
by sergeant
Tue Jul 23, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Single premium Life Ins with Long Term Care Benefit
Replies: 22
Views: 1246

Re: Single premium Life Ins with Long Term Care Benefit

How did this insurance salesman find you? I would stay away from this nice guy. He is trying to separate you from your money. I agree with the others that you can self-insure LTC. I would only recommend LTC insurance for you if you wished to use it to preserve your estate for your sons, which you ha...
by sergeant
Tue Jul 23, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Why I don't think I should get long term care insurance right now
Replies: 164
Views: 10875

Re: Why I don't think I should get long term care insurance right now

My fear of getting it: they raise your premiums just before you may need it to force you out of the plans. Fortunately, the regulators do not allow the insurance companies to do that. Not only do they not do it, how could they possibly know that period of time just before you need the benefits? Do ...
by sergeant
Mon Jul 22, 2019 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Dogs and homeowners insurance company
Replies: 86
Views: 5066

Re: Dogs and homeowners insurance company

It is the delusion of Man to think that any amount of training can override a million years of evolution. Even the most highly trained police dogs with continual remedial and additional training have turned on their handlers and had to be shot to stop the attack. There is no such thing as an absolu...
by sergeant
Mon Jul 22, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Dogs and homeowners insurance company
Replies: 86
Views: 5066

Re: Dogs and homeowners insurance company

It is the delusion of Man to think that any amount of training can override a million years of evolution. Even the most highly trained police dogs with continual remedial and additional training have turned on their handlers and had to be shot to stop the attack. There is no such thing as an absolu...
by sergeant
Sat Jul 20, 2019 6:35 pm
Forum: Personal Investments
Topic: Just sat through a wealth-management sales pitch.
Replies: 96
Views: 10101

Re: Just sat through a wealth-management sales pitch.

Cash in the bank is a straw man. Deceptive practices is exactly what we are talking about. But I am not going to say more because this conversation is already readily available all over the place. I do have no problem respecting your argument, but I do not agree. Why would you say it is a strawman ...
by sergeant
Fri Jul 19, 2019 8:48 pm
Forum: Personal Investments
Topic: Stable Value vs. VMFXX
Replies: 13
Views: 1112

Re: Stable Value vs. VMFXX

I kept 7 figures in my 457b solely for the stable value fund. It represents a large portion of our fixed income. Currently getting 4.1%. It was up to 4.75% a few months ago. I did transition part of the account to a Vanguard traditional IRA for the purpose of doing Roth conversions.
by sergeant
Sun Jul 14, 2019 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Property tax value from pool = $63k ??
Replies: 10
Views: 1870

Re: Property tax value from pool = $63k ??

I think there was a recent thread on contesting property tax bills in Texas. If I remember right there are a bunch of private companies that do it for a cut of the savings they obtain on your behalf. I'm in California and we have a different process.
by sergeant
Sat Jul 13, 2019 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating on an RV
Replies: 37
Views: 2160

Re: Negotiating on an RV

I would make low ball offers. One will get accepted. People want to get rid of them and will take the cash. Don't be afraid of upsetting someone, the savings is worth it. Enjoy your RV.
by sergeant
Fri Jul 12, 2019 3:09 pm
Forum: Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 189
Views: 40563

Re: $13 Million Goal for Early Retirement (am I crazy?)

Thanks for the update. Keep plugging along. It is nice to hear that your job makes quality family time a priority. We need more information to guide you on the Roth or Traditional decision. You mention a pension, how much will that provide when you retire? I think right now Roth is your best option.
by sergeant
Thu Jul 11, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone inherited a obligation/burden/responsibility?
Replies: 76
Views: 7928

Re: Has anyone inherited a obligation/burden/responsibility?

Dad left me and 2 sisters a POS trailer on rented land. His DW lived in it for another couple years after his death. She died and my 2 sisters wanted to cash in. Trailer wasn't worth anything. Some relative of the DW has been living in it for several years. There was no way I was going to accept som...
by sergeant
Tue Jul 09, 2019 11:11 pm
Forum: Personal Investments
Topic: New guy in need of opinion
Replies: 15
Views: 1545

Re: New guy in need of opinion

IMHO you made a mistake. Dump it and invest in taxable or pay down mortgage debt. You won't find many pro WLI here.
by sergeant
Tue Jul 09, 2019 11:08 pm
Forum: Personal Investments
Topic: Bond Side (sub) Allocations. @@ What Do You Have? Why? Why Not?
Replies: 36
Views: 2068

Re: Bond Side (sub) Allocations. @@ What Do You Have? Why? Why Not?

40/60, Equities/ Fixed Income. We will slowly glide up to 60/40 over the next couple decades. The glide up is funded by excess from our pensions and the 70k a year the stable value fund provides. We are retired but don't need our portfolio as pensions supply about 3X expenses. If our pensions disapp...
by sergeant
Sun Jul 07, 2019 8:11 pm
Forum: Personal Consumer Issues
Topic: How warm to set thermostat while away
Replies: 62
Views: 4820

Re: How warm to set thermostat while away

We turn it off when we will be away for a few days. We have no humidity issues as we are in Southern California. We do have heat! We use a whole house fan at night unless it's over 75.
by sergeant
Sun Jul 07, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Would You Refinance Now?
Replies: 11
Views: 1130

Re: Would You Refinance Now?

Check with your current mortgage holder. They may do it and not require the title insurance.
by sergeant
Sat Jul 06, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: No More Posts Of Larry Swedroe Essays [by Random Walker]
Replies: 64
Views: 6568

Re: No More Posts Of Larry Swedroe Essays

I'm with the mods on this one. If Larry wants to post here I'm fine with it to a degree. I like Larry. I have learned a few things. I'm not so crazy about some of his factor investing stuff.
by sergeant
Sat Jul 06, 2019 3:48 pm
Forum: Personal Investments
Topic: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?
Replies: 111
Views: 7328

Re: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?

If you just buy the stocks that are going to be winners your portfolio will be truly wonderful. The problem is absolutely no one can do that. I would DCA into the 3 fund portfolio over the next 18 months if I was in your shoes. For better results you can start another thread with all your financial ...
by sergeant
Sat Jul 06, 2019 3:09 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 4584

Re: Do I need a financial advisor to protect myself from myself?

VPAS will help you to switch over your current investments to your desired AA in a tax smart manner. Use VPAS for a year and once you see how they do it just take it over from them. Good luck at the tables. I used to AP but now just grind while having fun with friends.
by sergeant
Sat Jul 06, 2019 1:12 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 4584

Re: Do I need a financial advisor to protect myself from myself?

+1 on VPAS. Care to explain how you gamble vast sums AP?
by sergeant
Sat Jul 06, 2019 1:06 pm
Forum: Personal Investments
Topic: I'm beside myself about my dad's investment account
Replies: 32
Views: 5550

Re: I'm beside myself about my dad's investment account

This scenario doesn't seem bad at all. We would all like to have had huge returns but your dad wanted absolute safety and received it.
Compared to many of the variable annuity posts here I think your dad did pretty well. Maybe you can do a bit better with CD's.
by sergeant
Fri Jul 05, 2019 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: 50-60k boat purchase??
Replies: 84
Views: 5812

Re: 50-60k boat purchase??

My neighbor has a 100k boat. That's what he paid about 12 years ago. He uses about once a year for a couple days. What a waste.
I say that you should absolutely buy the boat. You and the family will use it a lot. You can afford it. Enjoy!
by sergeant
Wed Jul 03, 2019 8:12 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Jitters
Replies: 25
Views: 2283

Re: Asset Allocation Jitters

60/40 is an acceptable AA for just about any age under almost all circumstances. I wouldn't waste my time worrying about it.
by sergeant
Wed Jul 03, 2019 6:43 pm
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 10849

Re: Pick one: $135,000 rental property or $110,000 in REITs

REIT. I swore to never own a rental. My dad owned dozens of SFH's and I was his handyman for a handful of years. As a cop I handled hundreds of tenant/landlord disputes.
by sergeant
Wed Jul 03, 2019 6:34 pm
Forum: Personal Investments
Topic: So, I have a quarter of a million dollar CD coming due.
Replies: 27
Views: 4801

Re: So, I have a quarter of a million dollar CD coming due.

Yea, your plan isn't horrible. Certainly it is not optimal. I wouldn't pay a 2% ER on any fund especially a bond fund. I would rather have bonds in taxable than an ER of even .5%, I disagree that cash isn't part of your portfolio and is somehow like a boat. I have lots of cash too in MM for a possib...
by sergeant
Wed Jul 03, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Hire a driver?
Replies: 63
Views: 3536

Re: Hire a driver?

I have handled numerous traffic collisions involving drivers that fell asleep on their way home from long shifts, especially night shifts. Hire the driver!
by sergeant
Tue Jul 02, 2019 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 171
Views: 11386

Re: Long term care insurance excessive price increase -upset!

Wow2012, thank you for your posts. They are informative and full of accurate facts.
We have excellent LTC policies for portfolio insurance and lifestyle insurance. We can self-insure but our policy was a no-brainer.
by sergeant
Mon Jul 01, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 21061

Re: Do you share your net worth with family members?

Nope! I meet my sisters a few times a year for lunch as we're not all that close and a few meetings a year is enough. I always pay and sometimes give cash gifts for their birthdays. Both are broke and employed in physically demanding occupations. At our most recent lunch one sister mentioned the exa...
by sergeant
Sat Jun 29, 2019 5:04 pm
Forum: Investing - Theory, News & General
Topic: Hitting Critical Mass and then dealing with those feelings of Surreal
Replies: 51
Views: 6627

Re: Hitting Critical Mass and then dealing with those feelings of Surreal

OP - the true luxury of your situation is that you can, for the most part, just stop thinking about money. If you're ordering the Prime Rib because you really like Prime Rib, then enjoy!! OTOH, if you're now going through a mental process evaluating the cost difference, etc., then just order like y...
by sergeant
Sat Jun 29, 2019 2:59 pm
Forum: Investing - Theory, News & General
Topic: Hitting Critical Mass and then dealing with those feelings of Surreal
Replies: 51
Views: 6627

Re: Hitting Critical Mass and then dealing with those feelings of Surreal

We're at critical mass and 10k to 30k daily swings are common. DW still has no interest or real comprehension of our net worth. She is planning our trip to Italy which we will take after she retires in the Fall. She was surprised when I told her she could spend up to 30k. To her that's 1/3 of her ye...
by sergeant
Tue Jun 25, 2019 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Two NWM 65 Life "Gifts" from Parents. I'm Lost!
Replies: 32
Views: 4142

Re: Two NWM 65 Life "Gifts" from Parents. I'm Lost!

For goodness sakes, who cares what she thinks. Dump these things, they're losers and just complicate your situation. Take whatever they yield and pay off your credit card debt. It's simple math. I do recommend you take your parents out to dinner (you pay) to thank them and you can explain how the po...
by sergeant
Tue Jun 25, 2019 1:28 pm
Forum: Personal Investments
Topic: Opted into the new military retirement system/BRS
Replies: 61
Views: 6859

Re: Opted into the new military retirement system/BRS

Themilphys, PM Nords, he we have the information or know where to get it.
by sergeant
Wed Jun 19, 2019 12:13 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 862
Views: 56750

Re: My trend following strategy and experience

OP has made it clear that he recommends that no one else try his trend following strategy. Also, I thought we established the benchmark as 85/15 to compare his system. I remember he said he was going to list his returns in the original post. I don't see it there but my estimate is he his down about ...
by sergeant
Fri Jun 14, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: Utilities - worth another look?
Replies: 113
Views: 9245

Re: Utilities - worth another look?

I think your plan is correct for you. It would be horrible for someone employed by a utility.
by sergeant
Sat Jun 01, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 180
Views: 17149

Re: Fun paid jobs after FIRE

I retired from LE after a 32 year career. I have two fun paid jobs. My neighbor owns a large residential cleaning business. I repair his cleaning machines. I do this about 4-6 hours a week at my shop in my garage at my leisure. I have been doing this for 3 years. I'm a baseball fan and attend a coup...
by sergeant
Tue May 21, 2019 1:44 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 862
Views: 56750

Re: My trend following strategy and experience

I don't understand the whipsaw boogeyman being thrown about. A single whipsaw event will simply see the strategy lose out on gains, which as OP has consistently stated, is not dissimilar to a 50/50 AA. A second whipsaw event closely following or following with no gains after the first whipsaw will ...