Search found 677 matches

by mhadden1
Thu Jun 06, 2019 10:45 pm
Forum: Personal Investments
Topic: Receiving windfall and not sure what to do
Replies: 26
Views: 3681

Re: Receiving windfall and not sure what to do

I'm also not sure what I should do with the life insurance payout. That's quite a bit of money. Should I just put it all into a taxable account with Vanguard and create a 3-fund portfolio? The 3-fund portfolio is the stone cold Bogleheads way, and likely a good choice for you. You will have have to...
by mhadden1
Thu Jun 06, 2019 10:01 pm
Forum: Personal Investments
Topic: Portfolio Review – Haunted by a Late Start on Retirement
Replies: 3
Views: 718

Re: Portfolio Review – Haunted by a Late Start on Retirement

At a glance it looks like your household income is well above average and your expenses enable you to live well below your means. You don't describe any particular problems like health issues, no pension or SS, or anything odd. If you can save 47k yearly for the next 20-30 years, you should be golde...
by mhadden1
Thu Jun 06, 2019 9:47 pm
Forum: Investing - Theory, News & General
Topic: Convince me not to try to time the market
Replies: 27
Views: 2042

Re: Convince me not to try to time the market

You just need to follow the advice of Will Rogers regarding market timing, which often gets trotted out on the forum. "Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it."
by mhadden1
Thu Jun 06, 2019 9:57 am
Forum: Personal Investments
Topic: This market just scares me...
Replies: 43
Views: 4174

Re: This market just scares me...

the idea of taking any of that cash and investing it in equity right now just FREAKS ME OUT. Thoughts... This is mostly retirement money, right? Or money you won't use for a long time? If so, between now and then there will be periods where your balances will go down, sometimes by a lot. Better get...
by mhadden1
Mon May 27, 2019 10:36 pm
Forum: Investing - Theory, News & General
Topic: Beat the market with lower risk than the market itself (using leveraged ETFs)
Replies: 32
Views: 2782

Re: Beat the market with lower risk than the market itself (using leveraged ETFs)

I did not bother to read this thread - but I am guessing that it's really easy to beat the market if you just sumpin' sumpin' sumpin' with maybe a little sumpin'.
by mhadden1
Mon May 27, 2019 11:04 am
Forum: Personal Investments
Topic: Portfolio - Please give me your thoughts
Replies: 8
Views: 1316

Re: Portfolio - Please give me your thoughts

Thanks for the responses. I have been blessed but have also made numerous mistakes. The reason I don't want to rebalance now is I view my metals as kind of my bond allocation. I'm heavily weighted by my residence and the metals value. I struggle with taking anything out of equities and putting it i...
by mhadden1
Mon May 27, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: 29 year old engineer introduction and seeking advice
Replies: 23
Views: 2786

Re: 29 year old engineer introduction and seeking advice

The company has a big automotive production program coming to end in 12 months that will cut sales by 40%, with no major programs to fill the lost of sales on the horizon currently. The company has had outside consultants put in place trying to lean out the operations of the plants to increase over...
by mhadden1
Mon May 27, 2019 10:11 am
Forum: Personal Investments
Topic: Rethinking Individual Stocks
Replies: 76
Views: 7284

Re: Rethinking Individual Stocks

I've been thinking some more about this topic. I see now that all I needed to do was buy Amazon in 2009. Nothing so hard about that. :moneybag
by mhadden1
Mon May 27, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Elderly Parent's Home In Need of Major Repairs
Replies: 44
Views: 3860

Re: Elderly Parent's Home In Need of Major Repairs

Our initial thoughts were to have him take out a HELOC with us as cosigners, make all the necessary repairs/updates, rent out the upstairs portion, and use the proceeds from the rent to pay off the HELOC as quickly as possible. Does this sound like a good idea or are there better alternatives? I wo...
by mhadden1
Mon May 27, 2019 9:29 am
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 134
Views: 10344

Re: House not selling

cosine wrote:
Mon May 27, 2019 9:20 am
What is the process of firing my realtor. Is it contract dependent? I think I signed a generic contract. I’ll have to look it over.
Likely you are signed up for a certain number of days, e.g. 120, 180.
by mhadden1
Mon May 27, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Electric Wood Chipper?
Replies: 9
Views: 773

Re: Electric Wood Chipper?

IMO if you really have enough brush to need to chip it up, you need more than an electric chipper. But, good luck with the approach you choose.
by mhadden1
Sun May 26, 2019 4:32 pm
Forum: Personal Investments
Topic: Rethinking Individual Stocks
Replies: 76
Views: 7284

Re: Rethinking Individual Stocks

I am too dumb to pick stocks. It must be nice to be one of the cool kids who is good at it.
by mhadden1
Fri May 24, 2019 7:42 am
Forum: Personal Consumer Issues
Topic: Relocate to Charleston SC?
Replies: 57
Views: 5781

Re: Relocate to Charleston SC?

GR8FUL-D wrote:
Tue May 21, 2019 10:02 am
Sounds like your semi-retired already and can work remotely--would it be feasible to rent a short-term apt for a month or two in each location you're interested in before making a decision & the big move?
A very fun suggestion. :happy
by mhadden1
Wed May 22, 2019 8:44 pm
Forum: Personal Investments
Topic: Want to add REITs to portfolio… but how much and which funds?
Replies: 16
Views: 1513

Re: Want to add REITs to portfolio… but how much and which funds?

charleypartanna wrote:
Wed May 22, 2019 8:36 pm

As I mentioned, I'm interested in doing so for diversification. And also to reduce risk when stocks take a downturn. Thoughts?
Regarding risk in a downturn - you could take a look at what happened to REITs in 2008. Spoiler alert: it was ugly.
by mhadden1
Wed May 22, 2019 2:59 pm
Forum: Investing - Theory, News & General
Topic: Why not non traded REIT such as yield tree?
Replies: 25
Views: 1805

Re: Why not non traded REIT such as yield tree?

Dottie57 wrote:
Wed May 22, 2019 1:29 pm
Not liquid= hard to get your money out.

Does it matter if something does well if you can’t cash it in when you want?

I
Nailed it. Well played. :happy

My alternative - "Because it's non traded"
by mhadden1
Wed May 22, 2019 1:19 pm
Forum: Personal Investments
Topic: Frozen by uncertainty, really want to unfreeze
Replies: 34
Views: 3292

Re: Frozen by uncertainty, really want to unfreeze

For example, I'm not certain which tax bracket I'm in. I have an accountant who simply tells me whether I owe anything or get a refund. I'll float the question to him and see if I can get a response before I supply more information tonight. Understanding your tax situation will play a big part as y...
by mhadden1
Wed May 22, 2019 12:40 am
Forum: Personal Investments
Topic: Frozen by uncertainty, really want to unfreeze
Replies: 34
Views: 3292

Re: Frozen by uncertainty, really want to unfreeze

With 250k in retirement savings, you are doing well, but you can probably do better. You will get a lot of good feedback if you post your portfolio details using the format described here:

viewtopic.php?t=6212
by mhadden1
Sat May 18, 2019 1:42 pm
Forum: Personal Investments
Topic: "Steelmanning" the case for owning individual stocks
Replies: 75
Views: 6277

Re: "Steelmanning" the case for owning individual stocks

I hope you have fun frittering your time away searching for alpha. Try not to lose too much. :beer
by mhadden1
Thu May 16, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: Fixing Bad Lawn
Replies: 13
Views: 2099

Re: Fixing Bad Lawn

Here's my recipe for reviving a St. Augustine lawn: Mow as tall as your mower will go Water deeply once a week, about 1" Hand pull weeds (weed a small patch each day) Fertilize with organic fertilizer (Milorganite, Texas Tee, Medina Growin' Green) on the following Holidays (follow directions on the...
by mhadden1
Thu May 16, 2019 4:47 pm
Forum: Personal Consumer Issues
Topic: Looking to Purchase First Home - How to Consider Aging Roof?
Replies: 17
Views: 967

Re: Looking to Purchase First Home - How to Consider Aging Roof?

The roof may last a while longer. Mr. Market may not allow you to just mark down the price by that much, but certainly you can ask. Will it be a 10k roof job, or a 40k roof job? In the end, you have to decide how much you like the house. There are a lot of others for sale.
by mhadden1
Thu May 16, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: How do I value wife's pension?
Replies: 23
Views: 1844

Re: How do I value wife's pension?

Here's the way I do it...

Things to value about DW:

1) Super good egg :D

2) Very cool and chill 8-)

3) Pension :moneybag

:happy
by mhadden1
Thu May 16, 2019 3:11 pm
Forum: Personal Investments
Topic: Is holding two total market index funds okay?
Replies: 6
Views: 660

Re: Is holding two total market index funds okay?

IMO the Fido zero funds are fine and dandy. If I was cranking things up right now I might well go that way. My Schwab total stock market ER is 0.03 - oh well.
by mhadden1
Thu May 16, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Crawl space encapsulation
Replies: 36
Views: 2747

Re: Crawl space encapsulation

The quote for the entire project was $16,000 :shock: Does this sound reasonable, in terms of cost and as a solution? I'm in Los Angeles. The internet tells me that Los Angeles often gets less than 20 inches of rain a year. I just have to think that a non-nuclear solution for water under the house i...
by mhadden1
Thu May 16, 2019 1:21 pm
Forum: Investing - Theory, News & General
Topic: We’ve won the game...but how do we stop playing?
Replies: 76
Views: 8202

Re: We’ve won the game...but how do we stop playing?

Derivatives solve this problem. She can take a short position to reduce or eliminate exposure to her long position. Find the most liquid options market among the same ETF or a competing ETF that has a better options market. And then buy a long-dated put option at a level of loss you can live with, ...
by mhadden1
Thu May 16, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Reservations about job offer
Replies: 65
Views: 4099

Re: Reservations about job offer

They decide to create a Scrum team around me. New CFO of all people brought in an Agile consultant his prev corp had used, top down cookie cutter one size fits all 'process' imposed from above. They parachute in a couple other programmers, and a 'Product Owner' and Scrum Master, neither of whom kno...
by mhadden1
Thu May 16, 2019 12:36 pm
Forum: Personal Investments
Topic: Please critique my plan
Replies: 12
Views: 544

Re: Please critique my plan

Until your child finishes college in 9 years or so, you might want to get your wife to work a bit longer. Just joking! :happy Well, only half joking. :(
by mhadden1
Thu May 16, 2019 10:27 am
Forum: Personal Investments
Topic: High Dividend Yield ETF (VYM) versus Dividend Appreciation ETF (VIG)
Replies: 4
Views: 592

Re: High Dividend Yield ETF (VYM) versus Dividend Appreciation ETF (VIG)

Sometimes I wonder if I should have gone with the High Dividend Yield ETF instead of VIG because of VYM's lower expense ratio of .06 as compared to VIG's .08. An ER difference of 0.02 is nearly imperceptible. A more interesting question is why you picked your funds with a drib of one, drab of anoth...
by mhadden1
Tue May 14, 2019 8:06 pm
Forum: Personal Consumer Issues
Topic: Instant Coffee?
Replies: 67
Views: 3973

Re: Instant Coffee?

I'll just have a glass of water, thanks.
by mhadden1
Tue May 14, 2019 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6282

Re: I accidentally retired, and need tax advice

My portfolio generates about $22K/year in ordinary dividends. Those are automatically reinvested, but obviously they count as income, and I have to pay taxes on them. I have a couple of rental properties that gross $24K/year, which is the only cash I have coming in, and which also gets taxed. With ...
by mhadden1
Tue May 14, 2019 2:52 pm
Forum: Personal Investments
Topic: Inheritance at 62 yrs old
Replies: 12
Views: 2507

Re: Inheritance at 62 yrs old

I would consider using a fund like Vanguard's LifeStrategy Moderate Growth, which is 60/40 stocks/bonds. Then you could keep all your 401k holdings in bonds and save a little tax, and still be around 50/50. A 4% withdrawal rate would give you an extra 12k per year to spend. Sounds like if you can ha...
by mhadden1
Tue May 14, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Home warranty - is it worth the money?
Replies: 23
Views: 1788

Re: Home warranty - is it worth the money?

I may be in the minority here, but I had a home warranty included with the purchase of my home. Last year, after being unable to fix our dishwasher (two service calls over an approx. 2 week period), they cut us a check for a new one including install/disposal costs. My appliances are all 10+ years ...
by mhadden1
Tue May 14, 2019 1:33 pm
Forum: Personal Consumer Issues
Topic: Crawl space encapsulation
Replies: 36
Views: 2747

Re: Crawl space encapsulation

Try to find a passive way to make the space under your house well-ventilated and always dry. Route the water away from your house, and encourage enough air to exchange. If you can achieve this, and monitor the situation for a while, I expect you will be satisfied. I hope you can avoid all the pumps ...
by mhadden1
Mon May 13, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Asset Allocation in 60s
Replies: 17
Views: 1891

Re: Asset Allocation in 60s

You are right that a lot of people have soured on the idea of "age in bonds", likely due to the low bond yields of the last ten years. I don't think Mr. Bogle ever backed far away from it, though. The catchphrase for a lot of Bogleheads is to evaluate your "need, desire, and ability to take risk". S...
by mhadden1
Mon May 13, 2019 10:18 am
Forum: Personal Investments
Topic: 0% LT Capital Gain Tax Question
Replies: 12
Views: 1215

Re: 0% LT Capital Gain Tax Question

Your taxes could/should work out like this, MFS: 30000 w-2 income - 12200 std deduction = 17800 taxable income, leaving 21675 of space up to the top of the 12% bracket at 39475. So, in this situation, up to 21675 of capital gains/qualified dividends would be taxed at the 0% rate. Remember that the i...
by mhadden1
Mon May 13, 2019 8:52 am
Forum: Personal Investments
Topic: Moving from Edward Jones to Vanguard
Replies: 16
Views: 2098

Re: Moving from Edward Jones to Vanguard

Place to start to determine AA. https://www.investor.gov/additional-resources/general-resources/publications-research/info-sheets/beginners%E2%80%99-guide-asset I would get from Vanguard, Fidelity and T.Rowe Price their "Asset-Allocation questionnaire" so you and spouse can determine what your own ...
by mhadden1
Sun May 12, 2019 7:25 pm
Forum: Personal Consumer Issues
Topic: Kill Bermuda grass without chemicals
Replies: 15
Views: 1362

Re: Kill Bermuda grass without chemicals

Without herbicides, your only remedy is cold steel. Old school.
by mhadden1
Sun May 12, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Inherited ranch
Replies: 97
Views: 7910

Re: Inherited ranch

Advice needed. Parents have passed. Small (400) acres of ranch land to be split 4 ways. One branch of family wishes to purchase it, which is fine. However, they want to pay it out to the other heirs over 20 years, no interest. Thoughts? Advice? This has already caused a split n the family. The pric...
by mhadden1
Sun May 12, 2019 10:14 am
Forum: Personal Investments
Topic: A spray of questions as a newbie snaps to attention in the last decade before retirement
Replies: 17
Views: 2722

Re: A spray of questions as a newbie snaps to attention in the last decade before retirement

8. He is considering using the almost-forgotten small Roth IRA to experiment with riskier investments, inspired by Hedgefundie. ..... 9. He is considering extracting the almost-forgotten Edward Jones SEP to a more convenient account, in particular converting the SEP IRA to a Roth IRA and adding thi...
by mhadden1
Fri May 10, 2019 9:16 am
Forum: Personal Consumer Issues
Topic: Window replacement - any advice? Lessons learned?
Replies: 63
Views: 12669

Re: Window replacement - any advice? Lessons learned?

I am wondering why 40 year old windows are overdue for replacement. Are they failing in some way? Most energy experts I've talked with say that window replacement is almost never cost effective as an energy saving investment. Energy saving is just 1 benefit of many. About ten years ago, my dad made...
by mhadden1
Fri May 10, 2019 8:55 am
Forum: Personal Investments
Topic: [Is age 61 too late in life to begin funding a Roth 401k?]
Replies: 22
Views: 2551

Re: [Is age 61 too late in life to begin funding a Roth 401k?]

Considering all the advantages of Roth accounts, having some Roth savings can be desirable for many people (like me) even if they expect the same tax rate in retirement.
by mhadden1
Thu May 09, 2019 6:28 pm
Forum: Personal Investments
Topic: Turning 65 (And I really think I'd like to retire some day)
Replies: 14
Views: 2340

Re: Turning 65 (And I really think I'd like to retire some day)

If the US market goes down a lot and stays down for several years, your numbers won't look too good. That is, if you really need to sell stocks to get money to live on. I would consider the stock/bond AA issues very carefully, but quickly. If it was me, I would then make a snappy move away from 100%...
by mhadden1
Thu May 09, 2019 6:00 pm
Forum: Personal Investments
Topic: Dividends are reinvested but I end up paying taxes out of pocket at tax time.
Replies: 12
Views: 1983

Re: Dividends are reinvested but I end up paying taxes out of pocket at tax time.

One way to handle dividends is to not reinvest automatically at all, but instead use the dividends as you wish, as they build up. That could be to pay taxes, or whatever. You could even use them to buy the stock/fund that is currently down, instead of reinvesting the dividends in whatever produced t...
by mhadden1
Thu May 09, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: Wooden double hung windows are stuck
Replies: 12
Views: 825

Re: Wooden double hung windows are stuck

To help free the windows, you can use a cheap circular pizza cutter to run along the window, maybe inside and outside, to break the adhesion. Then I might take a stick of paraffin and rub along the contacting surfaces to try and lube things up a bit. No doubt others will suggest different, maybe bet...
by mhadden1
Tue May 07, 2019 6:33 pm
Forum: Personal Consumer Issues
Topic: Backpacking/study abroad for young folks
Replies: 31
Views: 2081

Re: Backpacking/study abroad for young folks

Backpacking abroad for a summer in Europe. There goes your son/daughter off on their own. Staying in hostels. Pretty cool. Meeting other people. First London. Nice hostel, parties on all night long. Lots of drinking. Meeting new (same) people as them, now let loose. Then Amsterdamn. Another nice ho...
by mhadden1
Tue May 07, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 7682

Re: Walk away from my auto lease?

This whole thing smells. You're telling us the transmission blew up at 5,000 miles and the manufacturer won't honor the warranty and now you're going to swallow the loss and continue with the lease? Is there something you're not telling us? Was this car used for drag racing, running off road or som...
by mhadden1
Tue May 07, 2019 9:44 am
Forum: Investing - Theory, News & General
Topic: Peter Mallouk's Outperform Portfolio vs S&P 500 Index Fund
Replies: 8
Views: 1316

Re: Peter Mallouk's Outperform Portfolio vs S&P 500 Index Fund

edoreld wrote:
Tue May 07, 2019 7:26 am

Portfolio 1: The "I want to beat the market portfolio"
25% International Stocks
25% U.S. Large Cap.
25% U.S. Small Cap
25% Emergent Markets Stocks
I think this portfolio is likely higher risk than S&P 500. So, a fair comparison would also involve a risk adjustment.
by mhadden1
Sun May 05, 2019 4:30 pm
Forum: Personal Consumer Issues
Topic: Lawn experts? - roots showing up above ground
Replies: 9
Views: 1289

Re: Lawn experts? - roots showing up above ground

Sounds like a silver maple - they are known for exposing their roots that way - at least the ones I had did so. PITA for mowing as mentioned. It's not normally good to add a lot of soil around an existing tree. Mulching around it should be fine though.
by mhadden1
Sat May 04, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Realistic Comp Increase with Doubling Job Responsibilities
Replies: 37
Views: 2322

Re: Realistic Comp Increase with Doubling Job Responsibilities

In the software world, little jiggles in the corporate family tree where a few underlings report to a different person would typically result in no immediate change to compensation. But, resistance to the change would cause bad blood. Maybe banks are different.
by mhadden1
Sat May 04, 2019 1:27 pm
Forum: Personal Investments
Topic: 76 year old widowed mother needs investment advice
Replies: 19
Views: 1816

Re: 76 year old widowed mother needs investment advice

My mom continues to worry about the money. It sounds like your mother needs another $26,000 in annual investment income to make up the difference between her SS and pension and her $60,000 expenses. One way to accomplish this is to purchase a SPIA (Single Premium Immediate Annuity). This would guar...
by mhadden1
Thu May 02, 2019 10:29 pm
Forum: Personal Investments
Topic: Beginner investor seeks advice in record high stock market [2019]
Replies: 37
Views: 3347

Re: Beginner investor seeks advice in record high stock market [2019]

Because of these record high numbers, should I wait to contribute to the stock market funds until prices go down (as I may lose a lot by dumping $3k at once and then the market dips) Over time, during your long investing career, it is a near certainty that markets will go down, probably by a lot. I...