Search found 1885 matches

by bhsince87
Tue Dec 18, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: What did you do once you hit your target number?
Replies: 9
Views: 784

Re: What did you do once you hit your target number?

First time I hit it, I raised it.

Then I hit that, and raised it again.

Third time's a charm!

Moved from 80/20 to 55/45 over the last few years, and will be trying the early retirement waters on January 2.
by bhsince87
Mon Dec 17, 2018 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage and separate accounts - how does it work?
Replies: 94
Views: 4397

Re: Marriage and separate accounts - how does it work?

Married 5+ years and have never combined accounts. It hasn't been difficult. 1) We don't have a joint account. 2) We each save in our own accounts. 3) We split up recurring expenses by ability to pay. We don't have the same incomes. For example, Spouse A pays the mortgage, Spouse B pays for utiliti...
by bhsince87
Mon Dec 17, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: When has being frugal or cheaping out bit you in the rear?
Replies: 109
Views: 7416

Re: When has being frugal or cheating out bit you in the rear?

I continue to struggle with buying food in bulk and/or when it's on sale. For stuff in cans, or that I can freeze or dehydrate, no issues. But for things like salad mixes, fresh fruits, etc, I often end up throwing some away. That being said, sometimes this is still cheaper than paying full retail. ...
by bhsince87
Mon Dec 17, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13197

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

I just recieved an offer for an early retirement package last week. Our company no longer offers retiree health insurance, because in their words, "With ACA, it's no longer necessary." I'm 53, and was planning on going on my wifes insurance until she early retires in a few years. So ACA was only go...
by bhsince87
Mon Dec 17, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13197

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

I just recieved an offer for an early retirement package last week. Our company no longer offers retiree health insurance, because in their words, "With ACA, it's no longer necessary." I'm 53, and was planning on going on my wifes insurance until she early retires in a few years. So ACA was only goi...
by bhsince87
Sun Dec 16, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: Birdwatching telescope recommendations
Replies: 17
Views: 820

Re: Birdwatching telescope recommendations

I live in the woods, and have spent thousands of hours photographing birds and other wildlife. If birds are your main objective, you will find that there are no good cheap options. A spotting scope/cell phone is a good way to get started. It will be OK for just watching. But you will find two major ...
by bhsince87
Fri Dec 14, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?
Replies: 79
Views: 4992

Re: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?

A couple years ago when I was cleaning out our RV before I tried to sell it, I found a stash of Scott "1000 sheet per roll" circa 1998. I brought them in the house and immediately noticed that they were smaller than the current Scott 1000 sheet rolls. So I did a comparison. The nearly 20 year old ro...
by bhsince87
Fri Dec 14, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: New York camera stores, online purchases
Replies: 16
Views: 953

Re: New York camera stores, online purchases

I'been buying from B&H and Adorama for over 30 years. Started when they advertised in the back pages of photo magazines.

I have never had a bad experience. Anytime a mistake was made, they always corrected it in my favor.
by bhsince87
Fri Dec 14, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Imminent retirees & sequence fear
Replies: 64
Views: 3454

Re: Imminent retirees & sequence fear

I'd recommend you just DCA your way back in, maybe a month or so at a time over a year or two.

Pick your desired percentage (sounds like 25%, maybe).

Divide that value by the number of buy in periods you feel comfortable with, pick a defined date each period, and just start doing it!
by bhsince87
Thu Dec 13, 2018 10:48 pm
Forum: Investing - Theory, News & General
Topic: Is there any market that is not inflated?
Replies: 58
Views: 3623

Re: Is there any market that is not inflated?

alex_686 wrote:
Thu Dec 13, 2018 8:30 pm
bhsince87 wrote:
Thu Dec 13, 2018 8:10 pm
Maybe I am guilty of believing wikipedia, a common malady these days.
It is a wiki based on a Investopedia article. I think a fair amount of nuance has been washed out.
Very possible. But that's what is out there. I don't feel qualified to argue against it.
by bhsince87
Thu Dec 13, 2018 8:10 pm
Forum: Investing - Theory, News & General
Topic: Is there any market that is not inflated?
Replies: 58
Views: 3623

Re: Is there any market that is not inflated?

If you believe in the "efficiency of the market", then none of them are inflated. Entirely untrue. What you wrote is an oft-repeated parody of the Efficient Market Hypothesis, not the EMH itself. Embedded in the structure of the market are disagreements over appropriate asset values. I wrote about ...
by bhsince87
Thu Dec 13, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: Early retirement mistakes???
Replies: 37
Views: 6173

Re: Early retirement mistakes???

Early retirement mistakes? Not that I retired early, but... Delaying home repairs such as carpet replacement, painting, appliance replacement (A/C, furnace), until the nth hour because I'm cheap and wanted to boost my savings for retirement. Because the other side of the coin is once retirement hit...
by bhsince87
Thu Dec 13, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vehicle for pre-tax contributions from company severance plan?
Replies: 5
Views: 250

Re: Vehicle for pre-tax contributions from company severance plan?

I've been digging into this one for a few weeks myself.

I've found very limited options. As other's have mentioned, IRA (with possible rollover into Roth), HSA (if you have certain health insurance policies), and 529 college savings accounts.
by bhsince87
Wed Dec 12, 2018 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Non-taxable investment income in order to qualify for ACA subsidies?
Replies: 12
Views: 714

Re: Non-taxable investment income in order to qualify for ACA subsidies?

Another option is a small cap/growth oriented stock fund that pays low dividends a (hopefully) has small capital gains distributions. The down side to that is capital gains distributions are usually out of your control. Use a small-cap ETF, Vanguard index fund with an ETF class, or Vanguard Tax-Man...
by bhsince87
Wed Dec 12, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Non-taxable investment income in order to qualify for ACA subsidies?
Replies: 12
Views: 714

Re: Non-taxable investment income in order to qualify for ACA subsidies?

Another option is a small cap/growth oriented stock fund that pays low dividends a (hopefully) has small capital gains distributions. The down side to that is capital gains distributions are usually out of your control. Use a small-cap ETF, Vanguard index fund with an ETF class, or Vanguard Tax-Man...
by bhsince87
Wed Dec 12, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: Is there any market that is not inflated?
Replies: 58
Views: 3623

Re: Is there any market that is not inflated?

If you believe in the "efficiency of the market", then none of them are inflated.
by bhsince87
Wed Dec 12, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Non-taxable investment income in order to qualify for ACA subsidies?
Replies: 12
Views: 714

Re: Non-taxable investment income in order to qualify for ACA subsidies?

There aren't many good options that I am aware of. Your best bet is to try to defer earnings until you reach age 65 and/or if you can "stack" earnings into certain years and give up the subsidy those years. Federal I bonds are a good option, but you are limited to $10k purchase per year. Series EE b...
by bhsince87
Mon Dec 10, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: To each his own ( I guess ) [Opinions of traveling in retirement]
Replies: 109
Views: 7733

Re: To each his own ( I guess ) [Opinions of traveling in retirement]

DW and I have both never liked travelling.

Our retirement travelling plans are to spend some time in a warm place in Winter, and a cool place in Summer.
by bhsince87
Sun Dec 09, 2018 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: are pre-fabricated / manufactured homes a bad investment?
Replies: 99
Views: 6625

Re: are pre-fabricated homes a bad investment?

Pre-fab/manufactured homes are treated almost the same as individually built homes here in my part of PA. Some are 50+ years old now. They appreciate in value. Mobile homes are a different thing all together. But the line between something like a double-wide mobile home and a pre-fab non-mobile home...
by bhsince87
Fri Dec 07, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Climate Concerns re: small Jersey Shore Vacation Home
Replies: 54
Views: 2941

Re: Climate Concerns re: small Jersey Shore Vacation Home

Is this priced into the market? I don't now about NJ, but I have followed the real estate market about 50 miles down the coast in Rehoboth Beach DE for quite some time. I'd say the answer is "yes and no" Houses that are 2-5 blocks off the beach have typically tripled in value over the past 10 years....
by bhsince87
Wed Dec 05, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: Warm Sleepwear
Replies: 21
Views: 2460

Re: Warm Sleepwear

I'm prone to night sweats. The best sleepwear I've found to date is US military surplus cold weather wear base layers. They're warm even when wet. They come in three different weights. The lightest works best for me as sleep wear. I also use them when I'm working outside in the winter such as shovel...
by bhsince87
Wed Dec 05, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance for FIRE [Financial Independence Retire Early]
Replies: 83
Views: 6367

Re: Health insurance for FIRE

If I retire early, I will not have any "income" (other than mu.funds divs. and distributions), hence will be able to access some kind of subsidy. Is that correct? A nitpick, if you had no income you would likely end up on Medicaid and how that works depends on your state and there all sorts of spec...
by bhsince87
Wed Dec 05, 2018 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance for FIRE [Financial Independence Retire Early]
Replies: 83
Views: 6367

Re: Health insurance for FIRE

I feel your pain! It's a huge unknown. When I first considered FIRE at age 50, health insurances for wife and I was $14k, with $4k deductable. The next year it was $22k. The following year, $28k. Next year looks like $28k, but the deductible is up to $5k. So in four years, it went from an $18k budge...
by bhsince87
Wed Dec 05, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on new building for business
Replies: 2
Views: 237

Re: Advice on new building for business

I might face a similar situation soon. Good question!

Unfortunately, I have no answers, but will follow intently.
by bhsince87
Tue Dec 04, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 19
Views: 2019

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

Interesting article by the financebuff.. https://thefinancebuff.com/when-to-sell-i-bonds.html Interesting how he tries to objectively compare them in spite of subjective advantages of Ibonds over TIPS (Tax deferral, possible reduced future tax rate etc..) Thoughts? My thoughts are that I value my p...
by bhsince87
Tue Dec 04, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 19
Views: 2019

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

Interesting article by the financebuff.. https://thefinancebuff.com/when-to-sell-i-bonds.html Interesting how he tries to objectively compare them in spite of subjective advantages of Ibonds over TIPS (Tax deferral, possible reduced future tax rate etc..) Thoughts? My thoughts are that I value my p...
by bhsince87
Mon Dec 03, 2018 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 127
Views: 11975

Re: Retirement itch- when did you get it?

And we're also at about 40-50X expenses now. So we're set. Now I need to decide if I want to stick around one more year, to hit my original goal, or do it earlier. What, 40-50x?! One more year seriously? Review your tag line quote and retire today, :happy. Just sayin’. I appreciate your point. On t...
by bhsince87
Mon Dec 03, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 127
Views: 11975

Re: Retirement itch- when did you get it?

Probably wasn't quite an itch, but I got a "vision" for it when I was 35. I was an engineer, and had climbed my way to the top of the tech heap. But still, after one layoff, 3-4 acquisitions several relos, and 4 voluntary job changes, I could see where things were heading. So I set a goal of age 55,...
by bhsince87
Fri Nov 30, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: So that's why 2-day shipping isn't what I expected!
Replies: 41
Views: 4956

Re: So that's why 2-day shipping isn't what I expected!

I wonder if delivery is better in rural areas where Amazon relies on USPS. My negative delivery experiences have been entirely with Amazon Logistics out of white vans. When orders were late, the only option I was offered was to return the item. Since I am now paying for deliveries per-order, if a g...
by bhsince87
Tue Nov 27, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7439

Re: Employeer taking vacation days on public holidays - is this legal or normal?

OP, just to clarify, if she does NOT take a vacation day next to a holiday, is she paid for the holiday? No, she was never paid holidays, what changed is she is being forced to take a vacation day (and get vacation pay) for the holiday. What she’d rather do is use that vacation day later (still not...
by bhsince87
Tue Nov 27, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7439

Re: Employeer taking vacation days on public holidays - is this legal or normal?

OP, just to clarify, if she does NOT take a vacation day next to a holiday, is she paid for the holiday?
by bhsince87
Tue Nov 27, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: List of costs that go away/decrease and increase/appear in retirement
Replies: 69
Views: 5804

Re: List of costs that go away/decrease and increase/appear in retirement

It also depends on different phases of retirement. I'm planning to retire in a year or so at age 54-55. In the early years, I expect taxes to go WAY down. Probably near zero. Plus no more retirement saving. I'm also a big "do it yourselfer", so I expect maintenance costs and such to go down. Expect ...
by bhsince87
Tue Nov 27, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 89
Views: 6904

Re: Does 100% stocks make sense for very high net worth individuals

The only billionaire I know won't touch stocks. Mostly just short term treasuries or TIPS (or other sovereigns in foreign countries), with a little bit of land and some angel/venture capital. The company he owns generates about $200-300 million a year in free cash, and a large portion of that goes ...
by bhsince87
Tue Nov 27, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Dual Monitor Set up
Replies: 52
Views: 2831

Re: Dual Monitor Set up

I switched from a dual 27 inch to a dual 21 inch about six months ago.

But with certain software packages, I just can't get the fonts and icons scaled large enough to see easily with my 50 year old plus eyeballs.

So I'm switching back to the larger ones. They should arrive today,actually.
by bhsince87
Tue Nov 27, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 89
Views: 6904

Re: Does 100% stocks make sense for very high net worth individuals

The only billionaire I know won't touch stocks. Mostly just short term treasuries or TIPS (or other sovereigns in foreign countries), with a little bit of land and some angel/venture capital. The company he owns generates about $200-300 million a year in free cash, and a large portion of that goes b...
by bhsince87
Tue Nov 27, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: So that's why 2-day shipping isn't what I expected!
Replies: 41
Views: 4956

Re: So that's why 2-day shipping isn't what I expected!

I'm surprised people are surprised by this. That's the way it's always been.

They provide an estimated or guaranteed delivery date before you check out.

However, a Amazon has grown the "fullfilled by" service, this has become much more obvious.
by bhsince87
Mon Nov 26, 2018 10:48 pm
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 58
Views: 5334

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

Competition is good. It makes capitalism successful.

Fidelity and Vanguard are the two big dogs. It would be nice if we had a decent third player nipping at their heels.

Janus looked like they might fill that rule many years ago, but they flamed out.

Who's next?
by bhsince87
Mon Nov 26, 2018 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 3860

Re: Federal Job Offer - Should I take it?

What type of Federal job are you looking for? Is there something unique about the opening in the SF area that you couldn't find elsewhere?

I've been toying with the idea of a Federal job. There are real advantages, in some cases. But there's no way I'd take on in a place like the Bay area.
by bhsince87
Mon Nov 26, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a Truck Now?
Replies: 11
Views: 865

Re: Should I Buy a Truck Now?

Buy a truck and sell the car. Looking back over my past 30+ years experience, owning both a truck and a car was an expensive luxury and a time sink. The difference in gas mileage never made up for the extra carrying costs of the car. Plus modern truck comfort, economy, and safety features are much b...
by bhsince87
Sun Nov 25, 2018 10:20 pm
Forum: Personal Consumer Issues
Topic: Upgrade Canon 60D to FF or new iPhone?
Replies: 50
Views: 2011

Re: Upgrade Canon 60D to FF or new iPhone?

I own a Canon 5D4 full frame ( and a 5d3 before that) and a 7D2 crop frame ( and a 7D1) before that. I am not a professional, just a hobbyist. The full frame difference is significant, especially at the wide end. It also makes a difference in low light performance and in auto focus accuracy. The ful...
by bhsince87
Sat Nov 24, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: "Anchor Strategy"?
Replies: 9
Views: 1680

Re: "Anchor Strategy"?

"Recently retired" seems like it might come into play here.

I've been extremely aggressive all my life (90% stocks). But in the past few years as I near early retirement, I've dropped to about 55/45. Might go even more bond heavy.
by bhsince87
Sat Nov 24, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: How many vacations per year is optimal?
Replies: 53
Views: 4698

Re: How many vacations per year is optimal?

I've only managed to take a one week vacation each year, for the past 30+ years. Occasionally a 3-4 day weekend as well, say maybe every third year. My wife's family lives in another state, so a visit there usually burns up a week or so. That is not a vacation..... I only get 3 weeks a vacation per ...
by bhsince87
Wed Nov 21, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: How to Withdraw Money in Retirement, Following a Down Year
Replies: 58
Views: 5461

Re: How to Withdraw Money in Retirement, Following a Down Year

The flaw (not really the right word, it has a connotation of error where there is none) with VPW is that you need to choose your end date (meaning, when you will die). Only God knows this. The other thing I noticed with VPW is that roughly 20% of withdrawals come in the last 5 years of life. Not su...
by bhsince87
Tue Nov 20, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: I was 30% into US stocks.. Down 5.5% YTD. Should I now get back in ?
Replies: 14
Views: 1954

Re: I was 30% into US stocks.. Down 5.5% YTD. Should I now get back in ?

S & P 500 is actually up 4.2% since April.

I think you missed your chance! :)
by bhsince87
Tue Nov 20, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Current Retirees: Do you touch your principal?
Replies: 79
Views: 8260

Re: Current Retirees: Do you touch your principal?

Isn't the "safest of the safe" liability matching portfolio explicitly based on spending down principle for the first 10-20 years, or until SS or pensions kick in? In other words, you set up the TIPS or bond funds with the specific intention of selling a certain amount each year to cover your expens...
by bhsince87
Mon Nov 19, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for Recent Retiree
Replies: 20
Views: 1449

Re: Asset Allocation for Recent Retiree

My personal opinion, if you can live comfortably on 2% withdrawal, and plan to do so, you should probably shift to more bonds.

But in reality, you will probably be fine with anything between 70/30 and 30/70.
by bhsince87
Sun Nov 18, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Is my husband ready to quit tenured professorship to pursue side hustle?
Replies: 97
Views: 10395

Re: Is my husband ready to quit tenured professorship to pursue side hustle?

IMO, it's right on the hairy edge. But then again, not too different from the original plan of going part time for a few years and retiring at 68. And if the book works out, it's probably better. Tough call indeed. The $12,000 per year you make could have a huge impact. How set are you in quitting t...
by bhsince87
Sat Nov 17, 2018 11:07 pm
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 19
Views: 2019

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

I think it's a good article. The question needs to be asked. But the answer will be different for different folks. There are probably some people who should hold on to those low yield I bonds. Others would absolutely be better served by swapping them out for higher yielding TIPS. How so? Who benefi...