Search found 112 matches

by Derby
Wed Jun 13, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: Does anyone use Imperfect Produce?
Replies: 9
Views: 1172

Re: Does anyone use Imperfect Produce?

I use it and like it. It's definitely cheaper than Safeway or Trader Joe's, although on some items the Chinese grocery down the street can beat them. A lot of their produce is surplus, which is why it doesn't look too imperfect. I'm pleased with the selection of items and the convenience, which make...
by Derby
Thu Apr 26, 2018 12:45 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Financial Perils Of Old Age
Replies: 94
Views: 11423

Re: Larry Swedroe: Financial Perils Of Old Age

I read this (https://www.nytimes.com/2015/05/17/magazine/the-last-day-of-her-life.html) article in 2015 and it stayed with me. I have a pdf saved for reference and my spouse read it too. It is a long but worthwhile read if you are thinking seriously about this topic. Not to get too morbid, but my p...
by Derby
Sun Apr 22, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 60
Views: 5894

Re: How long have you been unemployed?

Hmmm, I've been unemployed for 1 hour and 6 minutes as of this post.
We lost our contract and last night was my last shift. Feels odd. I was planning on retiring this year, but I was sort of hoping to chose the exact date myself. :oops:
by Derby
Sat Apr 07, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Wills and Trusts - Things to consider?
Replies: 11
Views: 877

Re: Wills and Trusts - Things to consider?

If you are looking to educate yourselves, try Nolo Press's Will and Trust publications. Even if you don't DIY it, you will learn what questions to ask.
by Derby
Mon Apr 02, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1451248

Re: U.S. stocks in freefall

CoAndy wrote:
Mon Apr 02, 2018 11:39 am
Well, TimeLord posted a thread a couple months ago asking if anyone else was tired of the market going up. Wonder what his thoughts are right about now?
He's going to put off retiring for one more year. :mrgreen:
by Derby
Sun Apr 01, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Investing in syndicated real estate deals
Replies: 11
Views: 1092

Re: Investing in syndicated real estate deals

I have about 15% of my investable NW in private equity RE syndications. If RE is location, location, location, these investments are sponsor, sponsor, sponsor. Do your due diligence carefully on the persons you're handing 50-100K to. It's just another form of RE diversification with less market corr...
by Derby
Sat Mar 31, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Hotel Fund Investment Oppurtunity
Replies: 9
Views: 781

Re: Hotel Fund Investment Oppurtunity

The terms you've listed appear pretty standard for this sort of deal, but as usual, the devil is in the details. Some things just off the top of my head: Who approached you with this deal? Who is the sponsor? Can you verify the previous successes? Can you call or meet with them? How responsive are t...
by Derby
Sat Mar 31, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: $20,000 book - what to do with it
Replies: 34
Views: 5961

Re: $20,000 book - what to do with it

Please come back and revive this thread to tell us more about the book when you can!
by Derby
Tue Mar 27, 2018 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Los Angeles Condo Purchase Advice
Replies: 53
Views: 3959

Re: Los Angeles Condo Purchase Advice

You have a negative net worth right now, and you want to buy a condo that's almost 4x your income? And have total debt of almost 1.2 MILLION Dollars?
(At least. Do you have car loans or credit card debt as well?)

Sounds like a really bad decision to me.
by Derby
Thu Feb 15, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice; Significant Student Loan Burden
Replies: 26
Views: 2723

Re: Need advice; Significant Student Loan Burden

Congratulations! It's always nice to get an update. :sharebeer
by Derby
Thu Feb 15, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy to sell a sought-after condo
Replies: 15
Views: 1152

Re: Strategy to sell a sought-after condo

There is a real estate agent in our area who seems to have the following M.O. during seller-friendly markets. Holds an open house over an upcoming weekend. Home is available for touring for a few hours on both Saturday and Sunday. (in addition to other times agreeable to seller leading up to the we...
by Derby
Sat Jan 27, 2018 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Have Enough, Should I now time market?
Replies: 31
Views: 4334

Re: Have Enough, Should I now time market?

Glad you asked this question, as I am in the same circumstance. More than enough assets, no need to take on risk, but I have been buy and hold all my life, and now that I am retired and staring at the big balances am thinking: a) No need to risk. b) No need to avoid risk. Male 67 yoa, retired, wido...
by Derby
Sat Jan 27, 2018 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Trip cancellation insurance
Replies: 47
Views: 2759

Re: Trip cancellation insurance

Another +1 to https://tripinsurancestore.com . The website looks straight out of 1990 geocities, :D but Steve, the owner is great and will not hesitate to tell you if you shouldn't buy trip insurance. I never buy trip insurance, but I'm planning a pretty pricey trip, and he's been very helpful with ...
by Derby
Wed Jan 24, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Contemplating Selling a Rental Property
Replies: 15
Views: 1355

Re: Contemplating Selling a Rental Property

Just not sure if I should suck it up for a few more years to make sure I don't lose money. I just have a feeling that I am one HVAC replacement away from having to deal with this property for another decade. Rip the band-aid off and sell it. You're already losing money. How will you feel if you get...
by Derby
Wed Jan 24, 2018 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: CA wouldn't tax a trust just because I'm the trustee...would they?
Replies: 5
Views: 669

Re: CA wouldn't tax a trust just because I'm the trustee...would they?

Thank you all for your responses. The parents have recently moved to Texas as well, and are meeting with a trusts & estates attorney there, so I imagine they'll get it arranged appropriately.

It never ceases to amaze me what this state will do to disincentivize business.
by Derby
Tue Jan 23, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: CA wouldn't tax a trust just because I'm the trustee...would they?
Replies: 5
Views: 669

CA wouldn't tax a trust just because I'm the trustee...would they?

A friend of mine is the successor trustee for her parents' low 8 figure estate. The beneficiaries of the trust are her children (the Grantors' grandchildren). Unfortunately my friend has some health issues, and they are considering making me an alternate trustee. The trust was made in PA, and all th...
by Derby
Tue Jan 09, 2018 12:19 am
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 21602

Re: Anyone disenchanted with retirement?

TLC1957 wrote:
Mon Jan 08, 2018 5:29 pm
Do not know how I would fit work into the schedule!
I must know half a dozen people who have said this almost verbatim. I plan to be one of them a year from now. :mrgreen:
by Derby
Mon Jan 08, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Beginnings literacy project is going national
Replies: 5
Views: 877

Re: Financial Beginnings literacy project is going national

This sounds really great. Would consider doing this in the future, for sure.
by Derby
Thu Dec 28, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: What non fiction book will you be reading in 2018?
Replies: 146
Views: 11044

Re: What non fiction book will you be reading in 2018?

Really looking forward to Steven Pinker's new book in Feb, Enlightenment Now: The Case for Reason, Science, Humanism, and Progress https://stevenpinker.com/publications/e ... d-progress
by Derby
Mon Dec 25, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 3968

Re: EU Passport For Cheap College and Other Benefits

This sounds far fetched to me, but someone told me that if I can prove Lithuanian birth of my grandfather (I can) about 1900, I can claim dual citizenship and obtain an EU Passport. And that my kids and grandkids could go to college and grad school in Europe on the cheap. First of all, can I really...
by Derby
Sun Dec 24, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Determining maximum cost of moving closer to work
Replies: 6
Views: 735

Re: Determining maximum cost of moving closer to work

The IRS puts your daily cost of driving at about $21. With a Prius, it's probably less, but taxes, registration, repairs, maintenance and depreciation are real, even if you haven't paid them yet.

You may put a $0 dollar value on your time, but you'll find it's actually priceless. I would move.
by Derby
Sun Dec 24, 2017 2:11 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 235
Views: 31607

Re: Roll Call for the Retirement Class of 2018!

I've been thinking about it a lot, and the more I think, the more I realize it's time. I'm looking at almost exactly 1 year from today for my last day, probably an official date of 31December to get a small bonus. I'll be 59. I know already that I'll never be bored. Live is short, and I've got thing...
by Derby
Wed Dec 20, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: Best crash course in Spanish?
Replies: 32
Views: 4401

Re: Best crash course in Spanish?

I haven't signed up yet, but I'm going to soon here: https://baselang.com/ Unlimited Spanish tutoring via Skype for $100/month It almost seems too good to be true, but it's legit. Short of going to live in a Spanish speaking country, having a native tutor will always be better than any book or soft...
by Derby
Tue Dec 19, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: opinions requested on student college decision / financial related
Replies: 87
Views: 5030

Re: opinions requested on student college decision / financial related

I am not discounting nurse professional value or the immense care that nursing profession provides. HOWEVER, why aspire to become RN or PA unless the person believes that one is not capable of being a P herself? And if so, why the lack of confidence? It makes no sense to have that as a career path ...
by Derby
Tue Dec 19, 2017 4:11 am
Forum: Personal Consumer Issues
Topic: "Breaking the seal" on more expensive travel
Replies: 38
Views: 4673

Re: "Breaking the seal" on more expensive travel

OK, I'll 'fess up.

I'm thinking of doing this as a retirement/milestone B-day present to myself. Not sure if I can pull the trigger, but I'm trying to get there. :D :moneybag

http://www.nationalgeographicexpedition ... our/detail
by Derby
Fri Dec 15, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Skeptical Tuna hit it big, but questions remain.
Replies: 9
Views: 2687

Re: Skeptical Tuna hit it big, but questions remain.

Good Work! Right now, you and Ms. T need Long Term Disability Insurance more than Umbrella Insurance. When you have need to protect your ability to earn (human capital), use LTDI. When you need to protect your assets (financial capital), use Umbrella Insurance. You still have a lot more of A than B ...
by Derby
Thu Dec 14, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4746

Re: Can rental home generate small income?

One rule of thumb is that expenses will eat up 45% of your rents, before the mortgage. 1600 x 0.55 = $880 -$1000 mtg = -$120 in the hole every month. You haven't accounted for vacancy, CapEx (roof, water heater) or routine maintenance. If RE investing is something you're interested in, head on over ...
by Derby
Wed Dec 13, 2017 6:36 pm
Forum: Personal Consumer Issues
Topic: How to deal with Micro-manager
Replies: 42
Views: 4241

Re: How to deal with Micro-manager

Her manger is a micro manager and seems to throw sarcastic jokes and sentences at her all the time. This, to me, is a much bigger deal than the laptop issues. She needs to address this with him in a professional way, if at all possible. The next step is HR (hostile work environment). She could alwa...
by Derby
Wed Dec 13, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: To buy or not in the SF Bay Area (yes another one)
Replies: 24
Views: 3008

Re: To buy or not in the SF Bay Area (yes another one)

OP, Why would you spend more money on housing expense in order to get a lower quality of life? Rent. KlangFool As usual, KlangFool cuts right to the chase. You don't state the reasons why you want to buy a house. A lot of people get sucked into it because they feel it's something you're supposed to...
by Derby
Tue Dec 12, 2017 8:24 pm
Forum: Personal Consumer Issues
Topic: Concert Decision and Advice
Replies: 41
Views: 2793

Re: Concert Decision and Advice

For the curious, it’s Mat Kearney. Missed the last time he was around, but wasn’t devastated or anything about it, which was another reason I gave pause this time around. Thanks for the advice so far with open expectations and concert-going. Thankfully, this isn't a budget-buster (tix+gas are less ...
by Derby
Tue Dec 12, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: Concert Decision and Advice
Replies: 41
Views: 2793

Re: Concert Decision and Advice

DO IT! I've flown to another city, got picked up at airport, driven to restaurant near concert venue, ate, attended concert, slept at hotel near concert venue, then driven to airport. Back home in less than 24 hours. It was FANTASTIC! Yup, me too. More than once. :D OP, Remember that it's better to...
by Derby
Tue Dec 05, 2017 12:53 am
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2657

Re: The "petro," a Venezuelan oil-backed cryptocurrency

nisiprius wrote:
Mon Dec 04, 2017 5:11 pm
And if you don't understand what an "oil-backed cryptocurrency" is, neither do I, and neither do the news organizations reporting on it.
And neither does Maduro. It's like one of his advisors said to him yesterday "PLASTICS."
by Derby
Wed Nov 29, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 6698

Re: When to tell the SO about my financial situation?

[Post removed by admin LadyGeek]
Seriously. Some of the comments here (from the OP AND others) make me feel like I stumbled into a PUA/MRA forum. You clearly don't think of her as an equal partner. Do her a favor and break up with her.
by Derby
Tue Nov 28, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 10655

Re: Analysis Paralysis: Can you get to the bottom of things?

********************************************************* just put it all into lifestrategy moderate growth, and be done with it for a few decades... if you dont want to ponder it further. Youll be fine. I've always thought that Lifestrategy funds were for investors who knew very little about inves...
by Derby
Tue Nov 28, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 21215

Re: The fallacy of spending money on "experiences" vs hard assets

I became interested in the Native Americans (Indian tribes) in the Americas so I went to Guatemala and Peru. I wanted to go to Mexico City to learn more about the Aztecs. I could not find any tour company willing to go to Mexico City. When I was there earlier one of the tour guides told me he was m...
by Derby
Fri Nov 17, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Dive computer recommendations
Replies: 8
Views: 938

Re: Dive computer recommendations

This Oceanic B.U.D. https://www.oceanicworldwide.com/us/computers/bud/ is a little clip-on designed to be used as a back-up computer, but there's no reason at all why it wouldn't be suitable for the recreational diver who wants something small. It actually has a pretty impressive feature set.
by Derby
Fri Nov 17, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Investing help family of four....Do nothing?
Replies: 22
Views: 2262

Re: Investing help family of four....Do nothing?

OP--I didn't see that you answered the question of disability insurance. At your age, it arguably could be more important than having life insurance, since the odds of being disabled are greater than the odds of dying. What would happen to your family if you got into a car accident and weren't able ...
by Derby
Sat Nov 11, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: What can go wrong with multi family syndications?
Replies: 32
Views: 4443

Re: What can go wrong with multi family syndications?

To anyone interested in learning more about this kind of investing, I highly recommend this book: https://www.amazon.com/gp/product/B01IW0G0S0 Investing in Real Estate Private Equity: An Insider’s Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding Sean Cook is a pseudonym for an...
by Derby
Mon Nov 06, 2017 6:50 pm
Forum: Personal Consumer Issues
Topic: Anyone did tours (to Peru) with Gate 1 Travel?
Replies: 16
Views: 1845

Re: Anyone did tours (to Peru) with Gate 1 Travel?

Another thumbs up for Gate1. I went as a solo traveler to Thailand and China. I would say the demo on those tours was more 40s and up. These tours were fairly active, so the 60+ crowd on them were not the same as the 60+ folks on a Carnival cruise, for instance. There's a lot of bang for the buck in...
by Derby
Tue Sep 12, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Brother in College Co-Signing w/ Buddy for Duplex
Replies: 41
Views: 3606

Re: Brother in College Co-Signing w/ Buddy for Duplex

Cash flow is not going to be ~500/month. He hasn't accounted for: vacancy, maintenance, capital expenditures or management.

Nope, nope, nope, nope, nope. This is a horrible idea. If he's not convinced, he should go to the library and pick up a few books on land lording first.
by Derby
Tue Sep 12, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Need Cloud Back-Up Service For Mac
Replies: 8
Views: 1257

Re: Need Cloud Back-Up Service For Mac

I use BackBlaze and I have been very happy with the service so far.
by Derby
Wed Sep 06, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: beginning real estate investing resources
Replies: 6
Views: 943

Re: beginning real estate investing resources

Second-, third-, and fourth-ing www.biggerpockets.com

They have some excellent free e-books, webinars, and podcasts, and that and the forums will teach you everything you need to know. (If I had discovered BP before I bought my rental condos, I never would have purchased them! :oops: )
by Derby
Sun Sep 03, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: Put These Charts On Your Wall
Replies: 11
Views: 3598

Charts to review when people say something MUST or CAN'T happen!

This excellent blog post https://pensionpartners.com/put-these-charts-on-your-wall/ covers statements such as: It can’t go to 0… Interest rates can’t possibly go any lower… Housing prices only go up… Waiting for a correction will surely enable you to buy in at a lower price… and a few others. Hilari...
by Derby
Thu Jul 06, 2017 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: tell me about real estate investment
Replies: 36
Views: 3717

Re: tell me about real estate investment

I will second the recommendation to look around www.biggerpockets.com. Go to their education pages and read the free guides and blog posts. If you decide to get into RE, you'll be glad you got educated first. Full disclosure: I sold my rental condo last week...couldn't be happier to be done with it....
by Derby
Fri Jun 16, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary designations for trust
Replies: 15
Views: 1834

Re: Beneficiary designations for trust

If neither bsteiner nor Gill is familiar with this, I'd be very, very nervous! :shock:
by Derby
Thu Jun 01, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Using Roth 401k rollover to reduce RMDs
Replies: 5
Views: 737

Re: Using Roth 401k rollover to reduce RMDs

Yes, Roth 401ks are subject to RMDs, while Roth IRAs are not. I do not know why. But this is the reason it is recommended to roll over Roth 401ks when you leave an employer, even if you are leaving the 401k in place.
by Derby
Sun May 21, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: What happens to a 1 person business if the owner dies?
Replies: 12
Views: 2067

Re: What happens to a 1 person business if the owner dies?

smitcat wrote:" I mean it's small fry in the grand scheme of things but if 30 billable hours got missed that's $10,500 in uncollected receivables."

I assume that is a typo ...
LOL, so you haven't hired an attorney lately, I presume? :mrgreen:
by Derby
Tue May 16, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to get funds in and then out of a Roth tax free after 5 years?
Replies: 15
Views: 1722

Re: How to get funds in and then out of a Roth tax free after 5 years?

If you Google "Roth Conversion Ladder", you'll find quite a few useful posts. Here's a good one to start with. http://rootofgood.com/roth-ira-conversi ... etirement/
by Derby
Mon May 15, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance: How Early Is Too Early?
Replies: 14
Views: 1593

Re: Life Insurance: How Early Is Too Early?

Dominic wrote: With no dependents, disability insurance makes far more sense.
This x 1000. If all you have is human capital, you need to insure it. Given that you're more likely to be disabled young than die young, if you could only afford one, disability insurance is the better bet.
by Derby
Thu May 11, 2017 6:13 pm
Forum: Personal Consumer Issues
Topic: Should I switch my home electric bill to "Time of Day" billing?
Replies: 22
Views: 2585

Re: Should I switch my home electric bill to "Time of Day" billing?

We had this type of rate many years ago when we lived in California. We ran the dishwasher and clothes dryer during off peak hours. We has a gas water heater, so that wasn't an issue. Also we lived on the coast where homes didn't need air conditioning, so we made out like bandits. Thanks PG&E. I li...