Search found 1521 matches

by bhsince87
Thu Feb 22, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking no-dividend stock with S&P-like performance
Replies: 12
Views: 944

Re: Seeking no-dividend stock with S&P-like performance

Is there something you're not telling us? I don’t believe I’ve omitted anything important, but as I obviously appear to some to be “absolutely nuts” I’ll clarify that by “disproportionately burdensome” I mean an additional 60+ minutes for me and probably 30 minutes’ additional chargeable work for o...
by bhsince87
Thu Feb 22, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 52
Views: 5100

Re: 1,000th post and a 'No-Fail' Retirement Formula

I didn't see this post before, but the "formula" as applied in Example 3 only works if your current portfolio is more than what you will need to withdraw after you take SS divided by 3, no? Otherwise, your figure is negative. I also have no idea what "expenses before taxes" are. I've heard of incom...
by bhsince87
Thu Feb 22, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 52
Views: 5100

Re: 1,000th post and a 'No-Fail' Retirement Formula

I’m proud to submit my 1,000th post. I’m as proud doing this as when I was joining the two-comma club. That’s crazy, isn’t it? So for my one-comma post, I’ll put out this ‘no-fail’ retirement formula for all to see. If you’re in mid 50’s and start thinking about retirement. You can calculate whethe...
by bhsince87
Wed Feb 21, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 90
Views: 4583

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

One other thing to add, is get thee to a tax attorney or CPA ASAP! With his much money potentially on the line, spending a few thousand on a consultation might be worth it. They might be more familiar with workarounds, loopholes, etc., and be more willing to be more creative and aggressive on someth...
by bhsince87
Wed Feb 21, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 90
Views: 4583

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

In the past, have you treated your photography income as "hobby" or "business"? If you've treated it as a business, you should be able to count royalties as income, and at least contribute tat amount to an IRA for last year. It sounds like you are really close to the line, so any amount could help. ...
by bhsince87
Tue Feb 20, 2018 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 58
Views: 5611

Re: What do Bogleheads think of Passive income through Dividend Stocks

What about investing the Bogleheads way and then selling some of the share for "passive income." How would this compare to investing in dividend stocks? Would this be the best of both worlds if you desired to have some kind of passive income to cover living expenses? Does this beat NOT investing th...
by bhsince87
Tue Feb 20, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 58
Views: 5611

Re: What do Bogleheads think of Passive income through Dividend Stocks

The guy you link above, Ian, is using a similar strategy. And it looks like he began his collection of dividend stocks in 2009 and talks about his dividend yield based on initial cost. And this is the verbal/mathematical twist that makes this approach sound so appealing! Not completely dishonest, b...
by bhsince87
Tue Feb 20, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think of Passive income through Dividend Stocks
Replies: 58
Views: 5611

Re: What do Bogleheads think of Passive income through Dividend Stocks

I've studied the heck out of this, and even followed that approach for a few years. 20-30 years ago, it made a lot more sense than today. It CAN still work today. However, for an equivalent risk profile, recent history shows you will get better returns overall by using a total returns approach. In o...
by bhsince87
Mon Feb 19, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Adjusting a Taxable Account
Replies: 18
Views: 864

Re: Tax Adjusting a Taxable Account

i suggest you re-read that huge warning message at the top of that article. And then just don't do it. Personally we have never worried about this, as there are too many moving pieces. I'm not even sure if it's mathematically sound. Tax adjusting IS important is when you start looking at withdrawal...
by bhsince87
Mon Feb 19, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Adjusting a Taxable Account
Replies: 18
Views: 864

Re: Tax Adjusting a Taxable Account

i suggest you re-read that huge warning message at the top of that article. And then just don't do it. Personally we have never worried about this, as there are too many moving pieces. I'm not even sure if it's mathematically sound. Tax adjusting IS important is when you start looking at withdrawal ...
by bhsince87
Mon Feb 19, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Best Investment Options with Zero Earned Income
Replies: 16
Views: 992

Re: Best Investment Options with Zero Earned Income

A taxable account might not be as bad as you think. For a married filing joint couple, you can have income up to near $100k for the year, and you would pay zero in LTCG and qualified dividend income.

Bonds would need to be munies, or you could just keep bonds in your existing account.
by bhsince87
Mon Feb 19, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 4895

Re: Best plants to grow to save money for food costs

If you have a lot of time (or more time than money), and live in the right area, there are quite few things you can grow cheaply. The key is to grow mostly heirloom varieties so you can save seed from one year to the next. We have favorites like spaghetti squash (bought one pack of seeds 25 years ag...
by bhsince87
Sun Feb 18, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 9119

Re: Do you wear a wedding band?

No. I did for a while. But when i started working around electronics and high powered stuff, it became a no-no.

I see that silicone bands are gaining some popularity, so that might be worth a look, I guess. But at this point, I don't see the point, really.
by bhsince87
Sun Feb 18, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 100
Views: 9488

Re: Bogleheads with $100K+ MSRP cars?

I never broke the $100k barrier on one car, but I was on the path. So I can understand those who do, and I don't begrudge them one bit. I was a "BMW guy". Bought my first one used just a few months out of college. And then I was on the proverbial "hedonistic treadmill". I ran them on the track on th...
by bhsince87
Sun Feb 18, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Trend [Theories/Myths]
Replies: 6
Views: 583

Re: Stock Market Trend Conspiracy Theories/Myths

I've heard that the market often drops on days before taxes are due, most notoriously around April 15. Seems like that would be easy to test out, if one cared to do so. But I suspect the advent of quants and computer trading have made this and other myths a thing of the past, assuming they ever exit...
by bhsince87
Sun Feb 18, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Does the absence of need for a legacy affect your AA or SWR?
Replies: 24
Views: 1713

Re: Does the absence of need for a legacy affect your AA or SWR?

I've thought this one over a bit. DW and I have no heirs and no desire for other legacy gifts. But that hasn't impacted our asset allocation or expected withdrawal rate. Those are both fairly conservative. What it DOES impact is our retirement dates. I suspect we'd want to work longer to build a big...
by bhsince87
Sat Feb 17, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16846

Re: Number at which to stop worrying

But then somebody posted that an American needs $105k to be happy, the emphasis is on American, not somebody who lives else where in the world. Some places in the world, people don’t get paid that much, maybe $1 an hour, who knows, but it’s irrelevant. To be clear, the article didn't say that's wha...
by bhsince87
Sat Feb 17, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Timber
Replies: 37
Views: 2674

Re: Selling Timber

I would start by contacting a forester. They will look out for your best interests and help you manage the land in the manner you prefer. It will cost you some money up front, but they almost always get you more for your wood than you would typically get negotiating on your own. Plus they will know ...
by bhsince87
Sat Feb 17, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 65
Views: 6584

Re: $12,000 Refrigerator?

You need to check out the $5,000 watch conversation! :)
by bhsince87
Sat Feb 17, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16846

Re: Number at which to stop worrying

I just read this article yesterday. It claims that peak happiness in Americans occurs at an income of about $105,000 per year. So if we assume a somewhat conservative 3.5% withdrawal rate, that would be $3,000,000. Which seems about in line with my experience! https://www.realclearscience.com/articl...
by bhsince87
Fri Feb 16, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: PA resident purchasing RV in DE from another PA resident ,any gotchas?
Replies: 2
Views: 252

Re: PA resident purchasing RV in DE from another PA resident ,any gotchas?

PA is weird, imo. When I had to do something similar (PA resident buying a PA-titled vehicle to keep and use in DE), I called several tag places in the immediate area. The level of expertise varied among the folks I spoke to. I ultimately went to AAA where I or the buyer was a member. They were ver...
by bhsince87
Fri Feb 16, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: PA resident purchasing RV in DE from another PA resident ,any gotchas?
Replies: 2
Views: 252

PA resident purchasing RV in DE from another PA resident ,any gotchas?

We're thinking about buying a used 38 foot travel trailer that has been located in a campground in Delaware for the past 12 years. It's never been moved. We're PA residents, as is the seller. Lot rent is $450 a month for 6 months. The park is closed for the rest of the year. Asking price for the RV ...
by bhsince87
Wed Feb 14, 2018 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16846

Re: Number at which to stop worrying

I don’t understand all the 50x expenses answers. All the data show that 33x expenses allows for perpetual withdrawals. What are you all so worried about? I agree with this information. I ve purposely planned a 3% starting withdrawal rate from our retirement nest egg even though that will represent ...
by bhsince87
Wed Feb 14, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: Keep crows off of chimney caps
Replies: 29
Views: 1436

Re: Keep crows off of chimney caps

I'd say wait it out. It really is crow mating season in your neck of the woods. It will pass in a few weeks.

If it's still a problem after that, put some spikes up there when the weather is nicer.
by bhsince87
Tue Feb 13, 2018 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: 4% rule and early retirement?
Replies: 69
Views: 8357

Re: 4% rule and early retirement?

I think many people here tend to avoid the other side of the equation. I'm pondering retiring at 53 in a few months. I do believe that a 4%+ inflation withdrawal gives me a historical 95% success rate for a 30 year time period. But I'm going to go with 3.3 for a while, just in case The other side of...
by bhsince87
Tue Feb 13, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16846

Re: Number at which to stop worrying

I think it's one of those "you'll know it when you see it" things. I didn't think I would ever get there, but after last weeks correction, I think I'm almost there. Annual expenses for a good retirement will be about $60k. But we're shooting for an annual $85k spend, so we'll have plenty of buffer....
by bhsince87
Tue Feb 13, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I claim chapter 7 bankruptcy? debt 110k
Replies: 64
Views: 6473

Re: Should I claim chapter 7 bankruptcy? debt 110k

rob65 wrote:
Tue Feb 13, 2018 7:20 pm
You should consult an attorney who specializes in bankruptcy. Understand your legal options. Do what is best for you.

Some posters have raised the issue of potential fraud if you mislead your brokerage. Do not address that on a public forum. Consult an attorney.
I agree. Get a lawyer ASAP.
by bhsince87
Tue Feb 13, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: FLIR Thermal Imaging Camera
Replies: 14
Views: 1396

Re: FLIR Thermal Imaging Camera

I bought one of these on sale for about $170 about a year ago. It's resolution isn't so great, but i think it would be able to pic up a water seep if the temperature differential was great enough.

https://www.amazon.com/Seek-Thermal-Com ... B00NYWAHHM
by bhsince87
Tue Feb 13, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16846

Re: Number at which to stop worrying

I think it's one of those "you'll know it when you see it" things. I didn't think I would ever get there, but after last weeks correction, I think I'm almost there. Annual expenses for a good retirement will be about $60k. But we're shooting for an annual $85k spend, so we'll have plenty of buffer. ...
by bhsince87
Mon Feb 12, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Birding binoculars under $500?
Replies: 21
Views: 1015

Re: Birding binoculars under $500?

I am also a huge fan of image stabilized binoculars. They're a game changer for me. My everyday birders currently are Canon 10X30's. That is a feature you really must try in person before you buy. I would never be without it anymore. But I have friends who can't even tell a difference when the stabi...
by bhsince87
Sun Feb 11, 2018 10:30 pm
Forum: Investing - Theory, News & General
Topic: Has Seeking Alpha Become Worthless?
Replies: 20
Views: 3379

Re: Has Seeking Alpha Become Worthless?

IMO, it's always been worthless. Except for entertainment, maybe. I did read it from from to time, but not much recently.

I've always wanted to start a counter website called "Accepting Beta".

But that website already exists. It's called "Bogleheads.org"!
by bhsince87
Sun Feb 11, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 5252

Re: Are REITs essentially taboo for years now with rising rates?

It's a common myth that all REITs do poorly in a rising rate environment.

But REITs that have locked in financing for longer terms can actually outperform the market as rates raise.

Due diligence is required.
by bhsince87
Fri Feb 09, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13195

Re: "The stock market is officially in a correction... here's what usually happens next"

Interesting times! I looked at my balance around 10:00 AM, and I was up $18,000 for the day. Looked again at 12:30, down $18,000 for the day! I have a hard time believing humans are doing this. But whatevs. I'll be buying more on Monday. Closed up $22k for the day! That's some crazy volatility But ...
by bhsince87
Fri Feb 09, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13195

Re: "The stock market is officially in a correction... here's what usually happens next"

Interesting times!

I looked at my balance around 10:00 AM, and I was up $18,000 for the day.

Looked again at 12:30, down $18,000 for the day!

I have a hard time believing humans are doing this.

But whatevs. I'll be buying more on Monday.
by bhsince87
Wed Feb 07, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]
Replies: 54
Views: 5322

Re: Stealing from the kids for our retirement [High valuations => depressed future returns expectations]

The young are getting a bum deal on education costs, health care, health insurance, and in some areas, housing.

Stocks and bonds? The market is what the market is.
by bhsince87
Mon Feb 05, 2018 7:21 pm
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 7875

Re: "Bitcoin is my potential pension"

Reminds me of a relative who spent $20k on Beanie Babies back in the 90's.

He literary said the same thing," This will be my pension in 20 years."
by bhsince87
Fri Feb 02, 2018 10:14 pm
Forum: Personal Consumer Issues
Topic: Substitute for taking a shower?
Replies: 64
Views: 6622

Re: Substitute for taking a shower?

A gallon of hot soapy water in a sink/tub with a wash cloth will clean everything on you that needs to be cleaned. Start with your hair and face, and work your way down. If it's cold out, keep a big towel handy to dry or wrap the area immediately. Then rinse out the wash cloth, and fill the sink wit...
by bhsince87
Fri Feb 02, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19575

Re: I bought a stock today - Redfin (RDFN)

I've invested in individual stocks for 30 years, and I've done very well. I've averaged about 17% annual returns. i currently own about 35 companies, and follow another dozen or so. IMO, the one advantage an individual has over most institutional investors and traders is time frames. I'm willing to...
by bhsince87
Fri Feb 02, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19575

Re: I bought a stock today - Redfin (RDFN)

I've invested in individual stocks for 30 years, and I've done very well. I've averaged about 17% annual returns. i currently own about 35 companies, and follow another dozen or so. IMO, the one advantage an individual has over most institutional investors and traders is time frames. I'm willing to...
by bhsince87
Thu Feb 01, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: Sous Vide?
Replies: 70
Views: 10575

Re: Sous Vide?

I also do a lot of BBQ and smoking. It's not possible to exactly duplicate slow smoking or BBQ. But in many ways, I think food cooked sous vide and finished in the smoker is even better than "the real thing". Temps for brisket flats are all over the place. Some say 135 others say 155. Do you have a...
by bhsince87
Wed Jan 31, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Doubling of Standard Deduction--Really??
Replies: 56
Views: 7038

Re: Doubling of Standard Deduction--Really??

If you are "all for tax simplification", why does it make you shudder? Boosting the standard deduction is probably the biggest bang for the buck in simplifying taxes short of going to a flat tax. And it doesn't just simplify things for the filers, but for the IRS as well. I've read several times tha...
by bhsince87
Wed Jan 31, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: "Index funds will, by their very definition, return the benchmark and be the median return."
Replies: 22
Views: 2412

Re: "Index funds will, by their very definition, return the benchmark and be the median return."

Index funds will return the benchmark's return minus fees is more accurate.

The second part doesn't seem accurate to me. They will providebe the median return of what exactly?
by bhsince87
Wed Jan 31, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: The Vanderbilts
Replies: 26
Views: 3984

Re: The Vanderbilts

I once had an heir to the Reynolds tobacco family as a co worker. I think he was 4th or 5th generation. He eventually got a trust fund around $20 million. But in order to "earn" that, he was required to get a college degree and hold down a "real" job until age 35. Which he did indeed do. I thought t...
by bhsince87
Wed Jan 31, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19575

Re: I bought a stock today - Redfin (RDFN)

I've invested in individual stocks for 30 years, and I've done very well. I've averaged about 17% annual returns. i currently own about 35 companies, and follow another dozen or so. IMO, the one advantage an individual has over most institutional investors and traders is time frames. I'm willing to ...
by bhsince87
Mon Jan 29, 2018 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Still working out of greed or fear?
Replies: 46
Views: 4937

Re: Still working out of greed or fear?

I don't think it's ever really binary.

And to flip it a bit, the most greedy AND fearful folks may well be those who retire "early"!

They are greedy for their own time and positive experiences, and are fearful they will miss out by continuing to work for money, benefits, or what have you.
by bhsince87
Mon Jan 29, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: Should I join my local Freemasons?
Replies: 31
Views: 4882

Re: Should I join my local Freemasons?

Just stumbled across this story WRT their decline in membership: "Harrisburg Shriners cited a sharp drop in membership when they put the building on the market. The group had about 20,000 members 20 years ago but just over 2,100 last year." http://abc27.com/2018/01/29/harrisburgs-iconic-zembo-shrine...
by bhsince87
Mon Jan 29, 2018 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvest dividends in taxable account?
Replies: 13
Views: 1038

Re: Reinvest dividends in taxable account?

Years ago, it created some tax time calculation headaches. But all those calculations are pretty much automated now. On the other hand, it can still create headaches if you do tax loss harvesting or capital gain "harvesting". So for that reason, I take them all as cash now, and use that cash to re-b...
by bhsince87
Sat Jan 27, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2331

Re: What to do with large stock holding in taxable account

Is he married or single? And what is his other income? He might owe zero in taxes if handled properly. Married. Wife not working. How could he owe zero taxes? Yes, please read the link livesoft provided. With no other income, he could sell around $100k per year and pay no FEDERAL taxes on it. Local...
by bhsince87
Sat Jan 27, 2018 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with large stock holding in taxable account
Replies: 32
Views: 2331

Re: What to do with large stock holding in taxable account

Is he married or single? And what is his other income? He might owe zero in taxes if handled properly.