Search found 372 matches

by Hawaiishrimp
Fri Feb 09, 2018 11:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1404620

Re: U.S. stocks in freefall

"I am free~~ Freefalling~~!"
by Hawaiishrimp
Mon Feb 05, 2018 9:09 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 16416

Re: Blood in the water- buying?

I wish it drops more so I can get some more shares. Seriously.
by Hawaiishrimp
Sun Feb 04, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 14103

Re: Financial Hole

How old are you? If young, can you move back in with your folks. Are there ways you can cut expenses. With a 12 hours workday - are you working 2 jobs or going to school and working ? What is your income / expenses / debts? It's hard to give meaningful advise without having any specifics. One thing...
by Hawaiishrimp
Fri Feb 02, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: Substitute for taking a shower?
Replies: 64
Views: 6818

Re: Substitute for taking a shower?

The substitute is: Don't get to Cape Town for a golf trip, go elsewhere where you can take a shower. 8-)
by Hawaiishrimp
Fri Feb 02, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: Increased Risk Of Stock Bear Markets To Retirees
Replies: 5
Views: 1364

Re: Increased Risk Of Stock Bear Markets To Retirees

Looking at the posts in the past few days, looks like lots of "fear" in the Bogleland. That means it's time: Get ready to buy more shares.
by Hawaiishrimp
Mon Jan 29, 2018 1:31 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 34395

Re: Does anyone here with net worths north of $1 mil use financial advisors?

I had one for precisely a month and then I fired him. It costs me too much money (1%). [OT comment removed by moderator prudent]
by Hawaiishrimp
Mon Jan 29, 2018 1:21 am
Forum: Personal Finance (Not Investing)
Topic: Still working out of greed or fear?
Replies: 46
Views: 5096

Re: Still working out of greed or fear?

I'm FI this year, age 42. However, I am not RE yet. I think I need to save a little more for the kids' 529. I also worry about rising healthcare cost and unknown expenses. In short, out of fear for sure.
by Hawaiishrimp
Sun Jan 28, 2018 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Dilemma - Bonds or No Bonds, retiring 8 years @ 50y/o, w/ $ lasting to 90s.
Replies: 65
Views: 4752

Re: Allocation Dilemma - Bonds or No Bonds, retiring 8 years @ 50y/o, w/ $ lasting to 90s.

nutshellml wrote:
Sun Jan 28, 2018 2:50 pm
Hawaiishrimp wrote:
Sun Jan 28, 2018 2:48 pm
May I ask what job pays $80k pension? That's awesome.
Government Investigator, series 1811, it's basically 1.7% of your high-3 average salary for first 20 years PLUS 1% for every year exceeding the 20.
That is awesome. I am not gonna lie; I am jealous of your $80k pension. :sharebeer
by Hawaiishrimp
Sat Jan 27, 2018 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: New Member 401k investing help
Replies: 10
Views: 594

Re: New Member 401k investing help

FID 500 INDEX INST (FXSIX) Stock Investments Large Cap 0.03% FID EXT MKT IDX PR (FSEVX) Stock Investments Mid-Cap 0.07% Questions: 1. Could someone please give me some advice on the 401k investment options in my plan? 81% FXSIX and 19% FSEVX would approximate 100% U.S. Total Stock Market. That is o...
by Hawaiishrimp
Sat Jan 27, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 7177

Re: Who taught you about financial responsibility?

No, my parents don't know shit about personal finance. I read Millionaire Next Door and learn my way up.
by Hawaiishrimp
Sat Jan 27, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Turn 75,000 into 1 million
Replies: 42
Views: 7094

Re: Turn 75,000 into 1 million

Any advice how to turn 75,000 into 1 million by age 65? Current age is 43...or is it impossible? If you don't put additional money. you will need to make 10.5% return per year to reach that goal which seems difficult. If you put an additional ~$1000 annually. you will only need 7% return per year t...
by Hawaiishrimp
Fri Jan 26, 2018 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide how wealthy you really are?
Replies: 58
Views: 8128

Re: How do you decide how wealthy you really are?

1. Take a snapshot once a week of all my assets.
2. Check if I can pay a supercar with cash (e.g. 918 spyder). Yup, I still can. :beer
by Hawaiishrimp
Thu Jan 25, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time to ditch FB stock
Replies: 3
Views: 469

Re: Is it time to ditch FB stock

I dumped FB for a while now. FB is not the future. Theirs ads (spam) is killing it slowly.
by Hawaiishrimp
Thu Jan 25, 2018 3:45 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 719
Views: 195272

Re: Share your net worth progression

Early 40s, two kids. I also live in HCOL. Didn't check NW until late 2nd half of 2017. :oops:

2018 - $2,135,405
by Hawaiishrimp
Thu Jan 25, 2018 3:13 am
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 17000

Re: Dear wife quits job and now we are down to 1 income

1. DW finds a full time job

No other feasible options here. In your case, you need the 2nd income.
by Hawaiishrimp
Thu Jan 25, 2018 3:10 am
Forum: Personal Finance (Not Investing)
Topic: Should I focus on paying down student loans during a Bear Market?
Replies: 14
Views: 1173

Re: Should I focus on paying down student loans during a Bear Market?

You should always focus on paying off student loans regardless of market condition.
by Hawaiishrimp
Wed Jan 24, 2018 11:16 pm
Forum: Personal Consumer Issues
Topic: Board game for 3 year old
Replies: 36
Views: 1856

Re: Board game for 3 year old

Jenga?
by Hawaiishrimp
Wed Jan 24, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: Dalio says bonds have entered a bear market
Replies: 96
Views: 9833

Re: Dalio says bonds have entered a bear market

I agree to this at least: "No one knows the future of markets and all predictions are best taken as a grain of salt."
by Hawaiishrimp
Tue Jan 23, 2018 12:51 am
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 82
Views: 6250

Re: Should I buy a business or suck it up at a job(s) with a pension.

"Suck it up", only a few more years. If it were me, I won't take on such high risk and buy a business I have no experience with whatsoever. You can be done in 2 yrs, worst case 7. Not worth the risk.
by Hawaiishrimp
Mon Jan 22, 2018 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: What First Steps to Take to Help Me Become Financially Independent
Replies: 13
Views: 1436

Re: What First Steps to Take to Help Me Become Financially Independent

Rule #1: Don't accumulate debt (especially student loans). if you have it already, work a 2nd job or 3rd to pay it off asap. Rule #2: Increase your income. Be it passive income, YouTuber, Uber/Lyft, weekend OTs, higher paying jobs. Rule #3: Live below your mean. Don't buy stuff you don't need with m...
by Hawaiishrimp
Sat Jan 20, 2018 3:04 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

The important question is, will it be a Miata RF? The RF, with the top up, might be the sexist thing on the planet. Unfortunately, it'll take a while for pre-owned ones to pop up. I believe it was new for 2017? I have test-drive the RF, not my cup of tea. I am not liking the blind spot and half-ope...
by Hawaiishrimp
Sat Jan 20, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

RRAAYY3 wrote:
Fri Jan 19, 2018 2:11 pm
so the Boglehead's guilty pleasure is Porsche ... and the SuperBoglehead's guilty pleasure is the Miata ?

good to know for future reference
Eventually, I will get the Porsche 911 or Cayman when I'm FI. But, for now, Miata seems to make more sense financially.
by Hawaiishrimp
Thu Jan 18, 2018 10:00 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3962

Re: I got a Roomba and think you should too

My sister-in-law has one and she absolutely hates it. It stuck on carpet so many times it's basically useless.
by Hawaiishrimp
Thu Jan 18, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

I think the best thing is to implement direct exposure therapy and buy a Ferrari instead. :beer Ferrari cost of maintenance is way too high from what I researched. It costs $800 - 1000 for an oil change. Also, the car is highly unreliable and extremely expensive to repair. I am not looking for atte...
by Hawaiishrimp
Thu Jan 18, 2018 9:26 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

shawndoggy wrote:
Thu Jan 18, 2018 9:25 pm
only if it's a manual. If you are buying an automatic miata... well... you ARE wasting your money.
Totally. Agree 110%. No auto for Miata ever.
by Hawaiishrimp
Thu Jan 18, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

... why a Miata? Serious question Pros: 1. Less than $30k 2. Convertible 3. 36mpg 4. Extremely fun to drive 5. Reliable 6. Rear wheel drive 7. Cheap to maintenance 8. Highly modifiable and relatively cheap to do so 9. Track-able and yet affordable to do so Cons: 1. 2 seats only (I have a big SUV so...
by Hawaiishrimp
Thu Jan 18, 2018 5:25 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

Thanks guys for all the feedback. Looking at my portfolio has becoming my daily addiction. I am looking to walk away from it and only take a peek once a month or something... Anyhow, I am actively looking for a Miata (new or slightly used) now and my goal is to buy one before summer. Looking forward...
by Hawaiishrimp
Wed Jan 17, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

If it makes you happy, given your assets, go for it. Miata''s a great little sports convertible. I'm sharking an RF myself. :wink: forum.miata.net is informative for Miata.... My goodness!! I am on forum.miata.net 4 hours a day at least. Ha ha, I am addicted to looking at folks talking about this l...
by Hawaiishrimp
Wed Jan 17, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

Does it have to be new? Compromise and spend $10-12k on a nice used one. I think there are a lot of lightly used, driven only in the summer cars with low miles. There is one with 36k miles for $9k on our Craigslist and we are in a small town. Every dollar you spend IS delaying your retirement. If y...
by Hawaiishrimp
Wed Jan 17, 2018 8:20 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

Does it have to be new? Compromise and spend $10-12k on a nice used one. I think there are a lot of lightly used, driven only in the summer cars with low miles. There is one with 36k miles for $9k on our Craigslist and we are in a small town. Every dollar you spend IS delaying your retirement. If y...
by Hawaiishrimp
Wed Jan 17, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

Re: How to overcome the fear of spending money? (Buying a car)

delamer wrote:
Wed Jan 17, 2018 5:30 pm
How much of your net worth is the car?
1.4% of net worth
by Hawaiishrimp
Wed Jan 17, 2018 5:24 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4116

How to overcome the fear of spending money? (Buying a car)

How to overcome the fear of spending money? I am stressing out because I want to buy a new car (MX-5 Miata) but constantly feel like I am wasting money and potentially delaying my retirement plan due to the use of this money. The car is about $30k out the door. I do have a truck but I want a daily d...
by Hawaiishrimp
Tue Jan 16, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Can We Retire in Hawaii? Please Critique
Replies: 146
Views: 14523

Re: Can We Retire in Hawaii? Please Critique

Captain and Tennille:. Dual Retirement. Retired university professor. DW. Retired educator. Age 80's. No mortgage. No debts. Home value 1.2 million. They are a little comfortable. Very very frugal. And live well below their means. Sonny is a Boglehead with a large portfolio in a 50/50 allocation. 2...
by Hawaiishrimp
Tue Jan 16, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Can We Retire in Hawaii? Please Critique
Replies: 146
Views: 14523

Re: Can We Retire in Hawaii? Please Critique

SurferLife wrote:
Tue Jan 16, 2018 12:34 am

Looking for multiple sets of eyes to review our dream retirement plan and provide guidance on how to make it happen.
With the information given, my guidance:
Save more money in taxable (preferably double) before considering the move or buying a house.
by Hawaiishrimp
Sat Jan 13, 2018 10:29 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 18541

Re: How does everyone keep track of your portfolio?

Excel. I can do so much with formulas and macros. It's still the preferred way to manage my portfolio.
by Hawaiishrimp
Sat Jan 13, 2018 12:50 am
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 309
Views: 31681

Re: Anyone tired of the stock market going up?

What is happening sure does reinforce the importance of being in the market during times like these. Yes, a million times. Every time I see someone suggest that they are just going to wait it out until the market drops so they can buy the bargains, I think of this. I agree 100%. Thank God we stay i...
by Hawaiishrimp
Wed Jan 10, 2018 12:59 am
Forum: Investing - Theory, News & General
Topic: What your 2017 returns would look like if you listened to these financial websites
Replies: 18
Views: 3931

Re: What your 2017 returns would look like if you listened to these financial websites

God, how I loathe the motley fools. I listened to a TMF podcast a while back where one of the brothers claimed something like a 1,600% alpha over the S&P because Amazon had been one of their stock picks back when it was trading for $3 a share. They seem like nice enough guys, but do they ever give ...
by Hawaiishrimp
Wed Jan 10, 2018 12:51 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 21772

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

One of the few times I am not going to feel bad deviating a thread, but was hoping Taylor could add to why he chose this move to free up equity in the house vs. HELOC vs. reverse home mortgage. Not looking for in depth analysis, but just curious in a person like Taylor's situation why one option wo...
by Hawaiishrimp
Tue Jan 09, 2018 9:50 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 21772

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

I will never pay extra to pay off my 15 years fixed mortgage at 2.5%. I think I can do better than 2.5% with my investment. It's financially unwise to pay it off, in my humble opinion, given the opportunity cost. There, I said it. It’s financially unwise to play arbitrage with interest rates and sw...
by Hawaiishrimp
Tue Jan 09, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 21772

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

I will never pay extra to pay off my 15 years fixed mortgage at 2.5%. I think I can do better than 2.5% with my investment. It's financially unwise to pay it off, in my humble opinion, given the opportunity cost. There, I said it.
by Hawaiishrimp
Sun Jan 07, 2018 2:34 am
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 282
Views: 52604

Re: I'm Calling an Emerging Markets Bottom

12% of my portfolio is in EM. let's hope it works out in 2018.
by Hawaiishrimp
Wed Jan 03, 2018 1:07 am
Forum: Investing - Theory, News & General
Topic: 2018 Hedge Fund contest
Replies: 142
Views: 13030

Re: 2018 Hedge Fund contest

Name: "I Know Better!" Fund

Long:
1. IPGP

Short:
1.TSLA
by Hawaiishrimp
Wed Jan 03, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review requested (TIA!)
Replies: 1
Views: 231

Re: Portfolio Review requested (TIA!)

Without knowing how much you have in your portfolio, how can we review? Please post the numbers. Thanks.
by Hawaiishrimp
Tue Jan 02, 2018 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio update (3 years)
Replies: 6
Views: 1081

Re: Portfolio update (3 years)

1. Pay off HELOC.
2. Refinance into 15 or 30 yrs fixed if this is the house you intend to stay long in.

I will worry about these 2 items first before any of your questions. These 2 items above are more critical and require more focus to tackle immediately.
by Hawaiishrimp
Sat Dec 30, 2017 11:57 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks That Went Bust
Replies: 101
Views: 7045

Re: Individual Stocks That Went Bust

Don't you forget Juniper Networks and NOKIA.
by Hawaiishrimp
Sat Dec 30, 2017 11:18 pm
Forum: Investing - Theory, News & General
Topic: Before buying gold, have a look at these returns since 1975
Replies: 84
Views: 7219

Re: Before buying gold, have a look at these returns since 1975

I was once a gold bug myself (listened to "Coast to Coast" way too much) and have more than 6 digits in gold (GLD). Lucky enough, I was in low and gained 50%+ out of pure luck and speculation. I could easily lose just as much. Silly me. :oops: My awakening moment realizing that Gold is not an invest...
by Hawaiishrimp
Sat Dec 30, 2017 10:49 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1821
Views: 329922

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

Here are my stats: Stocks: 70% Bonds: 30% My portfolio: 25.64% (with monthly contribution) Sincerely thank you for all my Boglehead friends. Without you guys, I will probably be off-tracked from my plan long time ago. Thank you for the wisdom and keeping me on track for FI. Happy New Year and let's ...