Search found 302 matches

by Hawaiishrimp
Sun Nov 12, 2017 10:09 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 53659

Re: Any books really change your outlook on life?

Millionaires Next Door.
by Hawaiishrimp
Sat Oct 28, 2017 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 18442

Re: Early-retired 35 year old with $1 million

Just for reference. I'm at $2MM, age 42 and I think I have about 10 years full time employment ahead of me before I can comfortably call it a day. Things are expensive nowadays, better save a little more than come a little short down the road. YMMV.
by Hawaiishrimp
Sun Aug 13, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 18357

Re: Life at crossroads. What would you do ?

Here's my suggestion: 1. Relocate outside of the Bay Area but stay in the US. Look for jobs you like to spend time on. Be it "Tech" or Not Tech. Doesn't matter what that is as long as you enjoy doing it. 2. Cut down annual spending big time. Once you have less burden on spending, you will feel like ...
by Hawaiishrimp
Sun Aug 06, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: The age old debate 30 vs 15 [year mortgage rate]
Replies: 41
Views: 5180

Re: The age old debate 30 vs 15 [year mortgage rate]

If you stay for only a few years: ARM.
If you stay for long term: 15 or 30 fixed depend on your affordability
If 15 is too tight, go with 30.
The logic is really straightforward here.
by Hawaiishrimp
Sun Jul 23, 2017 9:38 pm
Forum: Investing - Theory, News & General
Topic: Do you find financial advisors to be all that bright?
Replies: 53
Views: 5374

Re: Do you find financial advisors to be all that bright?

They are bright but also too expensive. So, I have to depend on myself and my friends here in BH to take care of my portfolio.
by Hawaiishrimp
Sun Jul 23, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone set portfolio goals and rewards?
Replies: 35
Views: 2406

Re: Does anyone set portfolio goals and rewards?

I save all I can and track my progress, but I try not to overthink things on the spending side. I try to make rational decisions: seek out good value, buy only things I need etc. A meal out with the family is going to add more to my happiness and well-being than buying a toy, so I do that from time...
by Hawaiishrimp
Fri Jul 21, 2017 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Turned 44...performance against forecast
Replies: 23
Views: 2621

Re: Turned 44...performance against forecast

I joined BH four years ago but have basically followed the principels for the last twenty years. I recently turned 44 and dug up my forecast spreadsheet I made at age 30. The highlights... - at 30, our net was 249k - I was assuming an 8% portfolio return - I forecast a net of 1.2 million at 44 - I ...
by Hawaiishrimp
Fri Jul 21, 2017 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 9444

Re: Can anyone convince me I need international stock in my portfolio?

No one can predict the future so we diversify as much as possible.
by Hawaiishrimp
Thu Jul 20, 2017 9:04 pm
Forum: Personal Consumer Issues
Topic: Is Amex Platinum worth the high fees?
Replies: 48
Views: 5185

Re: Is Amex Platinum worth the high fees?

Not anymore. I'm switching back to AmEx Gold Business now.
by Hawaiishrimp
Wed Jul 19, 2017 4:16 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 31
Views: 5900

Re: The Death of Buy and Hold

neveragain wrote:
Other than the gold, precious metals part, it sounds a lot like what Jack Bogle suggests. Where is the part that shows that buy and hold is dead?

My BS meter is up on this book.
+1
by Hawaiishrimp
Sun Jul 16, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Buying beach bungalow in San Diego for Winters
Replies: 55
Views: 5144

Re: Buying beach bungalow in San Diego for Winters

Sorry to say, but you won't find any decent beach bungalow in SD for $500k. If you have $900k or so, you will find something (small).
by Hawaiishrimp
Sun Jul 16, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: 18 year old first credit card recommendations
Replies: 44
Views: 2750

Re: 18 year old first credit card recommendations

My daughter is in college has a summer job $1000/month or so. I wanted her to get a credit card to build up a credit history. Best recommendation? Of course no annual fees and if possible good reward points or sign up bonus. Also is it best to use the card every month like getting gas etc to build ...
by Hawaiishrimp
Sun Jul 16, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Personal loan to a family member
Replies: 114
Views: 7903

Re: Personal loan to a family member

I was thinking about lending my brother in law for their downpayment since we are good friends. However, after realizing that they spent lots of time partying, traveling and chilling out drinking etc... I don't see a point to help out anymore. He and his wide need to sweat a little for their own dow...
by Hawaiishrimp
Sun Jul 16, 2017 4:19 pm
Forum: Investing - Theory, News & General
Topic: Do Index Funds Distort Market Valuations?
Replies: 113
Views: 8651

Re: Do Index Funds Distort Market Valuations?

I probably shouldn't say it but I'm going to anyway:

I don't really care.
by Hawaiishrimp
Sat Jul 15, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 576
Views: 154186

Re: Share your net worth progression

$1.88m as of today.

Note: Used to be 2.00m, but I spent a little on home improvement. I didn't adjust the house equity up as a result, because I consider the improvement itself just a perceived value.
by Hawaiishrimp
Sat Jul 15, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 20598

Re: Buying house - Very important decision

I think you can afford it, but not necessarily wise to do so though. Buy a smaller, cheaper house so you have more money for other family needs.
by Hawaiishrimp
Fri Jul 14, 2017 11:57 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord: Who's Best?
Replies: 46
Views: 5506

Re: Cutting the Cord: Who's Best?

PS Vue.
by Hawaiishrimp
Fri Jul 14, 2017 9:05 pm
Forum: Personal Consumer Issues
Topic: To buy or not to buy... [a new car]
Replies: 43
Views: 4275

Re: To buy or not to buy...

Financially speaking, if my current vehicles serve my needs and no sign of breaking down soon, I will not buy a new car even though it appears to be a good deal.
by Hawaiishrimp
Fri Jul 14, 2017 8:07 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 166
Views: 19264

Re: How are folks handling the unprecedented rise in the market ?

catdude wrote:I'm handing it by doing nothing.
:sharebeer Right on.
by Hawaiishrimp
Wed Jul 12, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 8024

Re: Do you consider business travel to be a perk or a burden?

Burden. (I am typing this at SFO right now. The irony. :oops: :oops: :oops: )
by Hawaiishrimp
Sun Jul 09, 2017 11:34 pm
Forum: Investing - Theory, News & General
Topic: The cost of car ownership
Replies: 51
Views: 3789

Re: The cost of car ownership

Bogleheads: The automobile companies are marketing masters. They are very successful at making us want their latest and most expensive cars despite the fact that all of today's cars will take us from A to B in reasonable comfort and speed. Before buying a new car, Bogleheads should carefully consid...
by Hawaiishrimp
Sat Jul 01, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 10
Views: 2076

Re: Can I retire now?

If I were you, I will aim for early retirement and stay on the course unless the cost of higher education is paid by the company.

You have close to enough to retire on.
by Hawaiishrimp
Thu Jun 29, 2017 7:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1100063

Re: U.S. stocks in freefall

I want it to drop more so I can buy more... :beer :beer :beer :beer :beer
by Hawaiishrimp
Thu Jun 29, 2017 7:45 pm
Forum: Investing - Theory, News & General
Topic: Time in the market is more important, But seriously ?
Replies: 60
Views: 8078

Re: Time in the market is more important, But seriously ?

It's your money, do whatever makes you sleep better at night.

As for myself, I'm always 100% invested (stocks and bonds). If I have a million dollar extra to invest today, I will put them 100% all in based on my AA. No hesitation at all. That's just me, personally.
by Hawaiishrimp
Wed Jun 28, 2017 10:38 pm
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 14037

Re: How did you handle the costs of your child's wedding?

Our oldest child is still only 5, so we have plenty of time! But we are genuinely curious as to how those who have gone before us have handled the costs (regardless of the exact budget) of a wedding. Are you simply withdrawing from your taxable account? How much are you planning ahead for the poten...
by Hawaiishrimp
Wed Jun 28, 2017 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Can you share some of your financial goals?
Replies: 69
Views: 8470

Re: Can you share some of your financial goals?

My goal is to grow my portfolio to 3 millions in 10 years (or less). By then, both my wife and I will be FIRED. :beer :beer
by Hawaiishrimp
Tue Jun 27, 2017 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to Escape from Quicken Island ...
Replies: 66
Views: 5986

Re: Unable to Escape from Quicken Island ...

Wow, you really hate it that much..
by Hawaiishrimp
Tue Jun 27, 2017 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 9494

Re: Middle age job blues

With 2 millions in saving, your real goal now should be: what will make me happy? You are way too pessimistic. Screw working for a paycheck or company which wants to get rid of you, the goal is to work on stuff that makes you happy. If this freaking job gives you worries or sense of insecurity, you ...
by Hawaiishrimp
Mon Jun 26, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: I need a strategy to address debt and savings
Replies: 38
Views: 4656

Re: I need a strategy to address debt and savings

New to the forum and hoping to bounce some ideas off the group and get some sound advice. Basic facts: - 34 years old, no kids, renting (rent is split with my girlfriend) - Salary is $53,000 USD (generally receive a 4-5% annual bonus in February) - Monthly net pay is $2850 - Only savings are $~6000...
by Hawaiishrimp
Sun Jun 25, 2017 11:23 pm
Forum: Investing - Theory, News & General
Topic: "Automation, Robotics & AI" ETF
Replies: 12
Views: 974

Re: "Automation, Robotics & AI" ETF

...I do know about Google... Then it was unkind of you to ask simply "Is there's any 'Automation, Robotics & AI' ETF available?" and not mention the ETFs you were already familiar with. Your question could easily have been interpreted to mean you didn't know of any. Apology. But please don't turn t...
by Hawaiishrimp
Sun Jun 25, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: "Automation, Robotics & AI" ETF
Replies: 12
Views: 974

Re: "Automation, Robotics & AI" ETF

lack_ey wrote:Wow, I got schooled by nisiprius's Googling. Should have searched for robotics, hm. :shock:
I do know about Google. Yes sir. I was looking for recommendation, not just google results. I got "Motif" to investigate with, that's awesome. Never heard of that. :) Thanks so much!
by Hawaiishrimp
Sun Jun 25, 2017 9:10 pm
Forum: Investing - Theory, News & General
Topic: "Automation, Robotics & AI" ETF
Replies: 12
Views: 974

Re: "Automation, Robotics & AI" ETF

I have to say this: just because you think some kind of industry "is the future," even if you are right, it may not be a good investment . In fact, it probably isn't, because if you think so, everybody else probably thinks so, too. Of course, no one can predict the future 100% accurately. I can pro...
by Hawaiishrimp
Sun Jun 25, 2017 8:42 pm
Forum: Investing - Theory, News & General
Topic: "Automation, Robotics & AI" ETF
Replies: 12
Views: 974

Re: "Automation, Robotics & AI" ETF

Hi BHs, Is there's any "Automation, Robotics & AI" ETF available? I think this is the future and would like to invest 5% of my portfolio in this area. Can anyone recommend me some ETF for this? Thank you. You might check out some Motif portfolios, for instance https://www.motifinvesting.com/motifs/...
by Hawaiishrimp
Sun Jun 25, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 96
Views: 15282

Re: Can we/should we afford a $2M house?

Yes, you can. Easily. Go and buy it, make us proud. :D
by Hawaiishrimp
Sun Jun 25, 2017 7:54 pm
Forum: Investing - Theory, News & General
Topic: "Automation, Robotics & AI" ETF
Replies: 12
Views: 974

"Automation, Robotics & AI" ETF

Hi BHs,
Is there's any "Automation, Robotics & AI" ETF available? I think this is the future and would like to invest 5% of my portfolio in this area. Can anyone recommend me some ETF for this?

Thank you.
by Hawaiishrimp
Sat Jun 24, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: Losing admiration for Warren Buffett
Replies: 9
Views: 1835

Re: Losing admiration for Warren Buffett

Warren is a great investor, but not a great mentor. Investing is who t saving enough so I can get off the hamster wheel. That is all.
by Hawaiishrimp
Fri Jun 23, 2017 10:38 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7912

Re: Bogleheads: Please help me pick a new car

Will you consider the Subaru Outback? It's a great car.
by Hawaiishrimp
Thu Jun 22, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: How much to invest in 401k vs taxable account.
Replies: 51
Views: 5649

Re: How much to invest in 401k vs taxable account.

Max out pre-tax account (401, IRA) and then put everything else in taxable account. :)
by Hawaiishrimp
Thu Jun 22, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: Stock Market become safer as holding periods lengthen - Maybe just a bias
Replies: 49
Views: 4715

Re: Stock Market become safer as holding periods lengthen - Maybe just a bias

I don't trust any guy with a tie from wall street. Their sole interest in life is to suck the money out of our portfolios. They will say and do whatever it takes to make themselves richer (us poorer).

Stop feeding these wolves by giving them a grain of salt. They don't deserve a grain of ____.
by Hawaiishrimp
Thu Jun 22, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 7777

Re: Your Favorite Portfolio Tilts

My current tilts:
Apple, Google, Nvidia, IPG Photonics

All in taxable account, too much capital gains if I sell them. I'm letting them run. All 5-10x returns.
by Hawaiishrimp
Wed Jun 21, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 41970

Re: Regret early retirement/downsizing

Portfolio at 1.6 mil, I can't retire that. That's my regret. :|
by Hawaiishrimp
Wed Jun 21, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: So sick of it! [Paying off student loans]
Replies: 42
Views: 7116

Re: So sick of it! [Paying off student loans]

A logical thing to do is to pay monthly since the rate is so low.

But, if you are feeling sick of this debt, and prefer to get rid of it, just pay if off. You should be fine.
by Hawaiishrimp
Wed Jun 21, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy an $800k house?
Replies: 89
Views: 7519

Re: Should I buy an $800k house?

Go for it. You can totally afford it. Buy and start a happy family. Best of luck. :sharebeer
by Hawaiishrimp
Wed Jun 21, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Co-workers advising to buy house RIGHT NOW
Replies: 63
Views: 7157

Re: Co-workers advising to buy house RIGHT NOW

There are so much we need to know to give you a meaningful answer, such as:
1. Where do you live?
2. How much do you have? Enough for a downpayment?
3. How much is your rent?
4. How much you have saved for retirement?

etc...

Real estate is very local and unwise to over-generalize.
by Hawaiishrimp
Wed Jun 21, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Best Practices for Managing Paper Receipts
Replies: 28
Views: 2652

Re: Best Practices for Managing Paper Receipts

Thank me later.

Fujitsu iX500 ScanSnap Document Scanner + EverNote (FREE)
https://www.amazon.com/Fujitsu-ScanSnap ... i+snapscan
by Hawaiishrimp
Tue Jun 20, 2017 1:46 am
Forum: Investing - Help with Personal Investments
Topic: Collecting Dividends, Waiting for Market Drop?
Replies: 25
Views: 2329

Re: Collecting Dividends, Waiting for Market Drop?

I surely love the records the market is regularly breaking in the last 8 months or so. However, instead of continuing to reinvest dividends, I'm now thinking of sending my dividends to my Vanguard settlement fund and waiting until the predicted imminent crash occurs to then buy low. What do you thi...
by Hawaiishrimp
Sun Jun 18, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2145

Re: Options for Saving for a First-Home Down Payment

Just open new CD once you have the minimum amount, my point is: pick something safe and easy to take out.
by Hawaiishrimp
Sat Jun 17, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2145

Re: Options for Saving for a First-Home Down Payment

I will fund & max the ROTH first. Then, the rest will go to any high yield CD. If a good house come by, I can always it out from the CD.