Search found 101 matches

by rick2427
Fri Oct 26, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: any recommendations for vacation stay in Punta Cana
Replies: 15
Views: 1352

Re: any recommendations for vacation stay in Punta Cana

We stayed at Sheraton Four Points during our recent visit last month to Punta Cana. The hotel is located less than a mile from the airport. It has a shuttle that will pick you up and drop you from airport , Shopping mall (1 mile) and also drive you to beaches (Westin resort), golf course. The hotel ...
by rick2427
Thu Oct 18, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: flat for the year
Replies: 27
Views: 2568

Re: flat for the year

Russell 2000 index is in correction territory <10.40>% as of today
by rick2427
Thu Sep 13, 2018 12:07 am
Forum: Personal Consumer Issues
Topic: 2005 honda accord door problems
Replies: 30
Views: 1071

Re: 2005 honda accord door problems

I would suggest selling this car and buying a new(er) car.
by rick2427
Fri Aug 31, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer US dollars to a country with 7% CD rates
Replies: 31
Views: 3219

Re: Transfer US dollars to a country with 7% CD rates

I traveled to India in December, 2017. $1 was getting me 65 INR. INR devalued by over 7% in less than a year. Do I want to invest in INR?

I don't think so if I believe INR won't hold its value compared to USD.

Namaste!
by rick2427
Wed Aug 22, 2018 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: Moving real estate investment with 1031 exchange (NNN properties, etc.)".
Replies: 4
Views: 499

Re: Moving real estate investment with 1031 exchange (NNN properties, etc.)".

After much consideration about doing a 1031 exchange into a NNN property and also after investigating DST investments available, I decided to pay the capital gain tax and tax on depreciation recapture. It is a big relief that I control all the capital and not some unknown 3rd party (DST's) or a nati...
by rick2427
Thu Jul 19, 2018 9:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 83
Views: 13415

Re: St Louis Bogleheads

I live in Columbia, Mo and would like to attend the next meeting wherever it may be.

Thanks,
Rick
by rick2427
Fri Jul 13, 2018 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: 1031 exchange into DST or pay taxes to pay down debt?
Replies: 3
Views: 354

Re: 1031 exchange into DST or pay taxes to pay down debt?

DST are illiquid, very high fee loaded products with lots of uncertainty......If I were you, I would pay the taxes and pay off my debt.

Cheers,
Rick
by rick2427
Sun Jul 08, 2018 9:53 pm
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 19844

Re: Morningstar: prepare for a lost decade for U.S. stocks

I thought we already had a lost decade in US markets from 2000-2009. :(
by rick2427
Sun Jun 03, 2018 8:34 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2001
Views: 372222

Re: What are you up YTD? [Year To Date]

+1.68% YTD 70/22/8 (stock/Bond/Cash)
by rick2427
Sat Apr 07, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Is Stock Market the only source of income in retirement ?
Replies: 21
Views: 2665

Re: Is Stock Market the only source of income in retirement ?

We are both 58 years old, retired in 2017.
Depending on income from our 65/30/5 portfolio, NO Pension, NO Annuity.
will claim SS at 70 which will cover our fixed expenses.

Thanks,
Rick
by rick2427
Tue Mar 13, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Selling business (website) considerations
Replies: 27
Views: 2700

Re: Selling business (website) considerations

Congratulations OP!
Getting a good lawyer experienced in M&A is very important.
Do share your experience going forward.

Good Luck. :)
Rick
by rick2427
Wed Feb 21, 2018 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Commercial Investing via 1031 Exchange or not
Replies: 2
Views: 318

Re: Commercial Investing via 1031 Exchange or not

Too many variables in DST's and TIC plus total lack of control over investment decisions. These are good products for their sponsors/managers but not for fractional investors. NNN properties can be good if you can perform due diligence prior to purchase, however the 45 day/180day limits are too stri...
by rick2427
Fri Feb 09, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 50
Views: 4764

Re: Bond funds and stock funds, which one is riskier?

venkman wrote:
Sun Sep 24, 2017 10:48 pm
flyingaway wrote:
Sun Sep 24, 2017 8:07 am

What it boils down to is that rising interest rates could be bad news for current bondholders, but could be worse news for current stockholders.
Took a10%+ corrections and fear of rising interest rates for me to understand this statement of yours Venkman!
:happy
by rick2427
Thu Feb 08, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7829
Views: 1606899

Re: U.S. stocks in freefall

We are now officially in a "Correction" in S&P 500. <10.1%>
and also in DJIA <10.3%>

Only NASD remains above the correction territory at <8.96%>
by rick2427
Thu Feb 08, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7829
Views: 1606899

Re: U.S. stocks in freefall

We retired in June, 2017 and am so glad we changed AA from 90/10 to 60/32/8.
Just watching the market drop.....glad to have 3 years' living expenses in cash.
Will rebalance by selling bonds and buying stocks when the rebalance bands are breached.
Cheers. :sharebeer
by rick2427
Sun Oct 22, 2017 12:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: Thank you Jack, Taylor and Mel!!
Replies: 27
Views: 3715

Re: Thank you Jack, Taylor and Mel!!

Thank you so much to all the organizers of this year's Bogleheads Conference
It was an awesome experience to meet other Bogleheads, Boglehead leadership and the living legend Mr. Jack Bogle himself

As Mr. Bogle said "Profitable investing should be like watching the grass grow"!

Regards,
Rick
by rick2427
Sun Oct 22, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 33891

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Thank you so much to all the organizers of this year's Bogleheads Conference :!: It was an awesome experience to meet other Bogleheads, Boglehead leadership and the living legend Mr. Jack Bogle himself :happy As Mr. Bogle said "Profitable investing should be like watching the grass grow"! Regards, R...
by rick2427
Thu Sep 21, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 29792

Re: I won the Lottery. Need sound advice.

Congratulations on winning the lottery.

You have been given an excellent opportunity to put your financial house in order. Hopefully you will follow the good advice on BH and share yiour success with us soon.

Best Wishes,
Rick
by rick2427
Sat Sep 16, 2017 9:28 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - Got a Question for Jack?
Replies: 53
Views: 15233

Re: Q&A WITH JACK BOGLE - Got a Question for Jack?

Could Mr. Bogle or any other panelist please comment on the differences and benefits of investing in different kinds of Index funds viz:

Cap Weighted Index Funds
Fundamental Weighted Index Funds.
Equal Weighted Index Funds.

Thank you,
Rick
by rick2427
Thu Aug 17, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 19872

Re: Lost $7000 today in ONE DAY!

My portfolio went down <0.6%> today (AA=50/30/20) where as S&P500 went down <1.54%> ..... I don't feel bad.
If I look at how much my portfolio went down .....ooops I feel like throwing up.

So I only look at percentage change Up or down Vs the market. Helps me keep things in perspective.

Cheers.
by rick2427
Sat Jul 29, 2017 2:31 pm
Forum: Personal Consumer Issues
Topic: TSA Pre-check for free
Replies: 75
Views: 7890

Re: TSA Pre-check for free

I don't fly much but in June when I traveled on American Airlines from STL to LGA with my son (28) and daughter(22), who both fly more often than I, we all got TSA Pre Check.
by rick2427
Thu Jul 13, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Asian Indian friend on parking 100k
Replies: 14
Views: 1924

Re: Advice for Asian Indian friend on parking 100k

NRE account is repatriable to US dollars, and there is no tax on the Indian side for any earnings. But, the account is held in Indian rupees - so, there's the exchange from $ to Rs going in, exposure to currency fluctuation & devaluation during the term, and exchange from Rs to $ when the money is ...
by rick2427
Tue Jul 04, 2017 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Commercial Office Building with 12 Tenants
Replies: 19
Views: 2614

Re: Commercial Office Building with 12 Tenants

Seems like a good deal at 10% CAP rate and worth investigating further.
Location of the property?
Economic prospects of the city?
Quality and credit of the tenants?
Ease of renting if one tenant vacates?
Age of the building? Any capital expense needed right away?

Good Luck!
Rick
by rick2427
Sun Jul 02, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: How to manage lump sum from real estate sale
Replies: 18
Views: 3160

Re: How to manage lump sum from real estate sale

We closed on June 15, 2017. To pay estimated taxes in 2017 and pay the big tax bill in April 2018 we decided to park $700k in Vanguard Limited Term Tax Exempt Bond fund. $150K split into cash and 6 month CD for living expenses thru 2018 $500 invested in Vanguard Intermediate Tax Exempt Bond Funds Fu...
by rick2427
Thu Jun 08, 2017 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: How to manage lump sum from real estate sale
Replies: 18
Views: 3160

Re: How to manage lump sum from real estate sale

ORIF: Sounds like a sensible plan! I must thank you for sharing your plan-- it really helped me to think rationally because I'm in a similar situation viz: selling real estate/business this month to retire. I think I'll open the Fidelity accounts like you as well and park the funds in CD's until all...
by rick2427
Mon Jun 05, 2017 10:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 323
Views: 58889

Re: Roll Call for the Retirement Class of 2017!

Mirriam 2 said Congratulations! It must be exciting to sell a business (or maybe a relief ) Moving into retirement is scary, but a nice scary. You have the open road ahead of you and the wind at your back. Since you owned a business, you may be familiar with t-a-x-e-s Here is a suggestion from forum...
by rick2427
Sat May 27, 2017 9:47 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 323
Views: 58889

Re: Roll Call for the Retirement Class of 2017!

My wife and I are selling our business on June 15, 2017!
Retiring at age 57......really have no clue what we will do with all the free time.
It is really scary :wink:
by rick2427
Mon May 22, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Approved Delaware Statutory Trust?
Replies: 12
Views: 1295

Re: Boglehead Approved Delaware Statutory Trust?

So, DST or Rental? And, if DST, what is the right way to analyze these investments from a Boglehead PoV?
Hi Rolyatroba,

what did you end up doing?
I'm in a similar situation that you were in 2 years ago and am curious how it worked out for you?

Thanks,
Rick
by rick2427
Wed May 17, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: 1031 Exchange or taxable account?
Replies: 6
Views: 1047

Re: 1031 Exchange or taxable account?

OP: You are young with many years ahead of you. If you do decide to do a 1031 exchange, I suggest you hold it long term and continue to do 1031 exchange each time you sell and consider this investment as a legacy for your kids/grandkids because they can get it with a stepped up basis when you pass. ...
by rick2427
Mon Apr 24, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 13172

Re: Why is Real-Estate so Bad?

Postby tomer755 » Mon Apr 24, 2017 7:43 am Hello Boggleheads, I am a fairly young investor and have lurked/posted on these forums for a while now, and have learned a lot! However there is one concept that I just cannot get my head around. I come from a family of Real-Estate investors, and when I to...
by rick2427
Sun Apr 23, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 50862

Re: Larry Swedroe says "Goodby."

Sorry to hear Mr. Swedroe does not want to post on Bogleheads anymore. I always enjoyed reading his posts which have been very thought provoking. I have learned a lot from Mr. Swedroe's posts and am disappointed. Hope he changes his mind and decides to share his wisdom with the bogleheads again. Bes...
by rick2427
Thu Apr 13, 2017 5:03 am
Forum: Investing - Theory, News & General
Topic: Rebalancing to control risk doesn't make sense to me
Replies: 175
Views: 14871

Re: Rebalancing to control risk doesn't make sense to me

How much MONEY, not percent, do you have in bonds? Is it enough at this time in your life? If not, maybe buy some more? If it's too much, sell some, or direct more of your incoming capital towards stocks, if you're accumulating, or take all of your living expenses from the bonds for a while, if you...
by rick2427
Thu Apr 13, 2017 3:57 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 33891

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Mel and everyone in the Conference organizing committee, thanks for all the hard work you put in to planning the Conference details. Received the invitation to send in the payment and have mailed it April 12th.....waiting for the confirmation. Been lurking on this forum for the past year, hoping to ...
by rick2427
Wed Apr 05, 2017 8:02 am
Forum: Personal Consumer Issues
Topic: Buying House with Odor (not cigarette)
Replies: 36
Views: 3614

Re: Buying House with Odor (not cigarette)

The house may have mold that is causing the odor. Mold can grow behind wall paper and humid locations.
Very difficult to eliminate mold.
I'd look for another house.

Good Luck!
by rick2427
Tue Apr 04, 2017 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: How to manage lump sum from real estate sale
Replies: 18
Views: 3160

Re: How to manage lump sum from real estate sale

ORIF: I am in a similar situation. Expect the sale of business with real estate to consummate next month. In order to save money on capital gains tax I was referred by my CPA to a financial advisor who tried to sell me DST's (Delaware Statutory trusts) via 1031 exchange --very high fee products , OU...
by rick2427
Mon Apr 03, 2017 9:27 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 33891

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

I would like to attend the conference .
Kindly add my name to the waiting list .

Thanks,
Rick2427
by rick2427
Fri Mar 31, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: advice on where to put money at age 55 to secure savings in the event of market crash
Replies: 35
Views: 4800

Re: advice on where to put money at age 55 to secure savings in the event of market crash

ResearchMed said"You might want to read about "buckets", which in this case would mean having several years worth of living expenses in "safe" categories, such as CD's. Or you could purchase bonds, including perhaps inflation protected bonds. (Not the bond funds, which will fluctuate in value, and ...
by rick2427
Mon Mar 20, 2017 7:00 pm
Forum: Personal Consumer Issues
Topic: $464.12 dinner bill last night. No regrets.
Replies: 78
Views: 12616

Re: $464.12 dinner bill last night. No regrets.

Great story and glad you thanked your aunt and uncle in a nice way.

Best Wishes!
by rick2427
Fri Feb 17, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with cash set aside for taxes next year?
Replies: 7
Views: 955

Re: What to do with cash set aside for taxes next year?

I am in a similar situation. I thought of doing a 1031 exchange but do not have the desire to manage rentals anymore. My accountant suggested that i invest in NNN leased properties that are leased to national tenants or invest in DST's that invest in NNN properties. You can expect 5-6% return on you...
by rick2427
Sun Feb 12, 2017 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Investments for a Non-Profit
Replies: 6
Views: 590

Re: Short Term Investments for a Non-Profit

We invested $250K in 2 brokeregae CD's (6 & 9month CD's) for our church with TD Ameritrade .
APR = 1.35%.
by rick2427
Sun Jan 29, 2017 11:58 pm
Forum: Investing - Theory, News & General
Topic: Try and hit it big with 25% of your portfolio?
Replies: 51
Views: 5789

Re: Try and hit it big with 25% of your portfolio?

It would be interesting to know what percentage of BH are aware of the existence of AWS. Have owned AMZN (one of 12 individual stocks in my portfolio). Have 15% of my portfolio in individual stocks, the rest in index funds. Very pleased with AMZN which is now 3% of the portfolio followed by BRK.B (...
by rick2427
Wed Jan 11, 2017 2:47 am
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 24303

Re: Sad News About a Respected Forum Member

Sorry to hear about Ole Meph's condition.

May God give him strength as he battles to survive!

Rick
by rick2427
Wed Jan 11, 2017 2:40 am
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 11811

Re: How to politely fire my financial advisor

When I fired my FA several years ago, I wrote an email to him something like this: Dear FA, I am consolidating/simplifying all of my and my wife's accounts. In the process, we have also realized that going with no-load, low ER funds was best for us in the future. As such, I have decided and initiat...
by rick2427
Sun Dec 25, 2016 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Too much overlap between 2 funds?
Replies: 15
Views: 1867

Re: Too much overlap between 2 funds?

Johnny M: I subscribe to AAII.com as well and am familiar with the Level3 portfolio which involves 4 funds: 1. 40% in RSP- Guggenheim S&P 500 equal weighted fund 2. 20% in EQAL - Powershares Russell 1000 equal weighted portfolio 3. 20% in VNQ- Vanguard REIT ETF 4. 20% in VOE - Vanguard Mid Cap Value...
by rick2427
Sat Dec 24, 2016 10:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You.
Replies: 98
Views: 10798

Re: My Christmas Gift to You.

Dear Mr. Larimore:

Thank you for your service to our nation!
Thank you also for your selfless service to the bogleheads.
May you be blessed with a very Merry Christmas and a very Happy, Healthy, Peaceful and Prosperous New Year!!

Regards,
Rick
by rick2427
Wed Dec 21, 2016 1:42 pm
Forum: Investing - Theory, News & General
Topic: DFA on Managing Expectations
Replies: 8
Views: 2895

Re: DFA on Managing Expectations

Thanks for sharing the links. It helped reinforce the importance of global diversification and also staying the course long term

Regards,
Rick
by rick2427
Mon Dec 12, 2016 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Quitting Job to Start a Business
Replies: 51
Views: 5954

Re: Quitting Job to Start a Business

Weddings are... difficult to plan. I cannot imagine a bride willing to put their day in the hands of someone who just started and is likely around the same age as they are. The wedding venue is more than a bar and a dance floor... you basically end up being the planner. How do you intend to prove t...
by rick2427
Fri Dec 09, 2016 12:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new "account overview" page... BOO!
Replies: 105
Views: 14947

Re: Vanguard's new "account overview" page... BOO!

My "account overview" page is the same size as it has always been. I do note that on the right side of the page, near the top, there is a choice of three different font sizes. If your font is too large, perhaps you can select a smaller one.
+1 :beer
by rick2427
Sun Dec 04, 2016 12:11 pm
Forum: Investing - Theory, News & General
Topic: Shocking Bogle quotes
Replies: 19
Views: 3176

Re: Shocking Bogle quotes

investorguy1 wrote: He says that what happened in Japan could happen in the US and that Japan had a lot of similar positive characteristics such as work ethic, productivity and innovation to the US before their market crash. page 58. If Mr. Bogle wrote this in April 2000, he was very insightful! S&...
by rick2427
Mon Oct 17, 2016 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Money lessons for a 3 year old
Replies: 46
Views: 4120

Re: Money lessons for a 3 year old

Why not let 3 Yr old be a 3 year old?

There will be plenty of time to grow up, get allowance and learn about money after she is 8-10 years old.

Just enjoy the joys of bringing up a toddler. :happy