Search found 759 matches

by Sandtrap
Mon Feb 20, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Once having achieved 30X -- share your strategy?
Replies: 42
Views: 4002

Re: Once having achieved 30X -- share your strategy?

This is a few from close friends, many in their 70-80's, that have achieved their 30x, at times much much more. I usually had an entire 3 hour plus round of golf to ask if they can share their financial wisdom with me. And, I've been asking for at least the past 20 years. They are all different. Not...
by Sandtrap
Mon Feb 20, 2017 9:46 am
Forum: Investing - Help with Personal Investments
Topic: How are prices determined?
Replies: 18
Views: 789

Re: How are prices determined?

And, the "fund" generates lots and lots of excess cash if there are tons of folks buying high and selling low, and thus, the "fund" can grow exponentially (Billions) based on the original IPO of, for example, 1 Billion. If so, it seems similar to paper money not backed by equiv. ...
by Sandtrap
Mon Feb 20, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Once having achieved 30X -- share your strategy?
Replies: 42
Views: 4002

Once having achieved 30X -- share your strategy?

I have read Swedroe, Bernstein, etc. and read many threads on . . . . . Having "Won The Game", "Made Your Number", achieved "30x". . and so forth. I am intrigued by Swedroe's "marginal utility of wealth" and the "utility curve" and how others have ap...
by Sandtrap
Mon Feb 20, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: Costco: 6 quarts of Mobil 1 $27.99, normally $37.99
Replies: 47
Views: 4380

Re: Costco: 6 quarts of Mobil 1 $27.99, normally $37.99

Last year I picked up Mobil 1 (100% synthetic) 0-20W
per spec for my Toyota Tundra.

Also on sale at Cosco. (not always in stock)
Yes. Walmart has it too.
Any other sources at low price?
by Sandtrap
Mon Feb 20, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: economics of landlording
Replies: 46
Views: 4088

Re: economics of landlording

. . . . . . . . This is another area where many real estate investors and I part company. Leverage is a way to amplify your returns in real estate the same way borrowing on your home to invest in VTSAX would be a way to amplify your returns in stocks. It may be a mathematically good play but you'd ...
by Sandtrap
Sun Feb 19, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: When do you need an annuity?.
Replies: 25
Views: 2342

Re: When do you need an annuity?.

It seems there's no hard fast rule as to "when" or "if" to annuitize because everyone's situation and responses to those situations are so unique.
by Sandtrap
Sun Feb 19, 2017 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 88
Views: 6419

Re: Why own individual stocks?

I can't say that I don't get tempted and play the "what if" game in my head.
Boeing, General Dynamics, Lockheed Martin, Conocco Phillips. . . .
by Sandtrap
Sun Feb 19, 2017 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Why own individual stocks?
Replies: 88
Views: 6419

Re: Why own individual stocks?

Why own individual stocks? Why I don't own individual stocks: I have played golf with a lot of very wealthy acting folks who trade actively in individual stocks. One fellow retiree checked his cell phone several times during the round and at one point told us that he just made $1000's in the time it...
by Sandtrap
Sun Feb 19, 2017 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: How did you start up your small business?
Replies: 20
Views: 3089

Re: How did you start up your small business?

A very wealthy "rags to riches" person once told me, "if all it takes to succeed in business is brains, then the smartest professors and PhD's would be "zillionaires". There's always a tendency to look at numbers and calculations with these things. There's so much more to it...
by Sandtrap
Sun Feb 19, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: PC replacement time
Replies: 30
Views: 2473

Re: PC replacement time

What were the specs of your previous computer? How well did it perform for your purposes? Here's the original product description: Ideacentre K330 Desktop Computer; Intel® Core i3-2100; Microsoft Windows 7 Home Premium (64-bit); 4GB DDR3-1333 RAM; 1TB 7,200RPM Hard Drive; DVD±RW Drive; 15-in-1 Memo...
by Sandtrap
Sun Feb 19, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: I think some criticisim of active management is wrong.
Replies: 22
Views: 2007

Re: I think some criticisim of active management is wrong.

Active management sometimes actually does work but the problem is that what they charge for management fees can outweigh whatever outperformance they get. One trouble with these debates about active vs passive funds is that the discussion seems to revolve around performance and then of course devol...
by Sandtrap
Sun Feb 19, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: economics of landlording
Replies: 46
Views: 4088

Re: economics of landlording

Do you need to be in landlordingm , Bobby? From what I know about you, you have other things to do. If you need to park extra cash, get I Bonds to delay taxes until a period of low income. Beyond I Bonds, look at CDs. For example, Andrews Federal Credit Union is now offering 3% CDs for 7 years. Pla...
by Sandtrap
Sun Feb 19, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: What's a good analogy for average returns?
Replies: 45
Views: 2710

Re: What's a good analogy for average returns?

Best one I ever read was to look at investing as golf. A HUGE majority of people cannot shoot par on a pro-course. Look at average returns as par. If you had to play golf with a bunch of pro's for money and you can choose an option to get accept par...etc, etc, ect. I liked it anyway. I also stink ...
by Sandtrap
Sun Feb 19, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: I think some criticisim of active management is wrong.
Replies: 22
Views: 2007

Re: I think some criticisim of active management is wrong.

rob wrote:We can all have options but not facts.... study after study shows that managers do not add value after fees in any predictable manner.

Curious.
Might this also apply to the Wellesley Income Fund and Wellington Fund?
j
by Sandtrap
Sun Feb 19, 2017 12:40 pm
Forum: Investing - Theory, News & General
Topic: economics of landlording
Replies: 46
Views: 4088

Re: economics of landlording

If you are using this as a jumping off point where it appeciations in value such that you can sell and get into a duplex, or larger, where you have "economy of scale", then that may be great. (FWIW IMHO AFAIK, a single family home rental has the worse economy of scale as far as R/E rentals...
by Sandtrap
Sun Feb 19, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Recommended books and resources to fully understand how the world stock market works.
Replies: 33
Views: 2077

Re: Recommended books and resources to fully understand how the world stock market works.

Well thank you for your time and feedback, I will certainly keep all of that in mind when considering adding rentals into my investment portfolio. You certainly sound more savvy in RE than you give yourself credit for. You're welcome. R/E is a comfort zone. I can touch it. Sweep the sidewalk. Talk ...
by Sandtrap
Sun Feb 19, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Recommended books and resources to fully understand how the world stock market works.
Replies: 33
Views: 2077

Re: Recommended books and resources to fully understand how the world stock market works.

Valuethinker - I appreciate your counterargument, my thoughts were leaning in that direction. So do you trust the next 50-60 years of progress enough to invest in the stock market for your retirement? Also thank you for your links and insight. Good question. . . with the modification of 30 years if...
by Sandtrap
Sun Feb 19, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Recommended books and resources to fully understand how the world stock market works.
Replies: 33
Views: 2077

Re: Recommended books and resources to fully understand how the world stock market works.

I view investing in the markets, as attaching myself to the big fish (corporations, people with money and power) in the world, is that the right way to look at it? Yes. with the market being at its highest ever I really need to learn more to develop confidence in my plan. That way if a crash comes ...
by Sandtrap
Sun Feb 19, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than You Think? Article implications for today?
Replies: 60
Views: 4771

Re: Bonds Are Riskier Than You Think? Article implications for today?

There seems to be an investment "trend" or cycle at work here based on past and present events. This is not unlike "hot pants :shock: ", "flare pants", "braless go go dancers", "beatniks", "big band swing", and "Bertilak-fedoras :wink...
by Sandtrap
Sun Feb 19, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.
Replies: 22
Views: 1718

Re: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.

DW said to ask about living off of interest and dividends? She's concerned. What is she concerned about? Something about not touching principal, the piggy bank, I think it's based on another paradigm. Need to explain it better to her how a portfolio works. Maybe use the "bucket" analogy. ...
by Sandtrap
Sun Feb 19, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.
Replies: 22
Views: 1718

Re: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.

What would be your suggested allocation between Wellesley Income Fund and LifeStrategy Income Fund? If you consider Wellesley to be 35% stock, then 70% Wellesley and 30% Lifestrategy Income should give you 30% stocks and 70% bonds. Since Wellesley wanders up and down a little, it won't always be ex...
by Sandtrap
Sun Feb 19, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than You Think? Article implications for today?
Replies: 60
Views: 4771

Re: Bonds Are Riskier Than You Think? Article implications for today?

There seems to be an investment "trend" or cycle at work here based on past and present events. This is not unlike "hot pants :shock: ", "flare pants", "braless go go dancers", "beatniks", "big band swing", and "Bertilak-fedoras :wink:...
by Sandtrap
Sun Feb 19, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.
Replies: 22
Views: 1718

Re: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.

Yet, with all this thing about "diversification", I feel that I'm supposed to have Balanced Index Fund in the mix or Total Stock Market. Yes. This is simple and works. But what about the holy grail, "diversification"? :confused It appears that part of you believes in Wellesley a...
by Sandtrap
Sat Feb 18, 2017 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Leaving Vanguard Personal Advisory program
Replies: 26
Views: 3433

Re: Thinking of Leaving Vanguard Personal Advisory program

For those comfortable making and implementing their investment decisions, I am not feeling convinced the fee is worth it. However, I would revisit in your late 70's/early 80's and decide if you still are sharp enough to make good decisions. If not, then the Vanguard service is a small price to pay ...
by Sandtrap
Sat Feb 18, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: PC replacement time
Replies: 30
Views: 2473

Re: PC replacement time

cyberpower or equiv through Tiger Direct very high value per dollar and can be customized or optioned to what you need. http://www.tigerdirect.com/applications/Category/Category_tlc.asp?CatId=6 http://www.tigerdirect.com/applications/category/category_slc.asp?MfrId=2981&CatId=6 multi bay, your c...
by Sandtrap
Sat Feb 18, 2017 8:40 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than You Think? Article implications for today?
Replies: 60
Views: 4771

Re: Bonds Are Riskier Than You Think? Article implications for today?

. . . . . . . . . . High inflation in the 70s and 80s corresponded with rising incomes. This is true during much of the bad times for bonds isn't it? I very much doubt that given the structural changes in the global economy since that time, that incomes are going to rise the way they have in the pa...
by Sandtrap
Sat Feb 18, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.
Replies: 22
Views: 1718

Re: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.

Ok, Sandtrap, I really thought you'd like my idea. It's simple. It's what you asked for. Yet.....you are ignoring it? I'm offended and stomping off in a huff. :wink: au contraire mon frère. . . . . at your suggestion I just now plowed an additional $500,000 dollars into Wellesley Income (VWIAX) and...
by Sandtrap
Sat Feb 18, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 6903

Re: Need advice on girlfriend debt/finances

We have already agreed on not having kids. So, if you haven't had a vasectomy, better schedule one now. *You* are the only person who can make that agreement true. In most states, child support and alimony until the child reaches the age of 18, whether you are married or not. . . and long after the...
by Sandtrap
Sat Feb 18, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.
Replies: 22
Views: 1718

Re: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.

Another way to think about this is: if Wellesley were 40/60 and LifeStrategy Income were 20/80 then a 50/50 mix of the two would split the difference and give you 30/70. Thanks "nisiprius". What about Wellesley 35/65 (VWIAX) and Target Retirement ( 30/70 VTINX) at 50/50 mix? The Target Re...
by Sandtrap
Sat Feb 18, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.
Replies: 22
Views: 1718

Re: Math help needed. Calculating allocation Wellington Wellesley Total Bond to 30/70.

It is a great show watching Sandtrap (the OP) trying to figure out how to keep things simple, but always going back to something complicated. Yes. Sort of like "Sheldon Cooper" in "The Big Bang Theory" except not as bright but similarly OCD. :shock: Thanks, "livesoft" ...
by Sandtrap
Sat Feb 18, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?
Replies: 31
Views: 1931

Re: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?

Thanks everyone for your help.
I contacted the agent at Diamond Head Mortuary and had them lower the listing price by 20 percent. That should do it.
by Sandtrap
Sat Feb 18, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 6903

Re: Need advice on girlfriend debt/finances

So my girlfriend and I live in my house I bought in 2010. She isn't much of a saver and never really has planned or budgeted. I have been trying to encourage her to payoff debt , but that hasn't gone well and is a stress/anxiety source for us both . She isn't high maintenance and her habits are not...
by Sandtrap
Sat Feb 18, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??
Replies: 16
Views: 912

Re: What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??

Here are some thoughts factoring in taxes on dividends. I'm a fan of balanced funds, but mainly for accounts where I hold a single position and the objective is long-term hold and accumulate (via reinvested dividends) with minimal maintenance. If I had your case with an all taxable account where I ...
by Sandtrap
Sat Feb 18, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??
Replies: 16
Views: 912

Re: What is the equiv. to VASIX Life Strategy Income but without international?

Either shrug and accept the international, or buy the individual funds. If you really want nothing but US stocks and US bonds, that's two funds, and if you do the math and are realistic about how closely you need to hold to the asset allocation, you'll conclude that rebalancing doesn't need to be d...
by Sandtrap
Sat Feb 18, 2017 11:03 am
Forum: Personal Consumer Issues
Topic: Retaining Wall
Replies: 25
Views: 2144

Re: Retaining Wall

If I wanted to consult counsel how is the way to get one who specializes in that area to at least get something on paper that even if I do nothing now I get on paper how many failures we have had and get a better understanding of any limitations and his liability how do I do that? People always say...
by Sandtrap
Sat Feb 18, 2017 1:00 am
Forum: Investing - Help with Personal Investments
Topic: Active vs passive/index
Replies: 4
Views: 407

Re: Active vs passive/index

Wellesley Income Fund or Wellington may be a consideration due to low ER. But they are not passive index.
by Sandtrap
Sat Feb 18, 2017 12:35 am
Forum: Investing - Help with Personal Investments
Topic: Advice on what to do with CD coming due
Replies: 10
Views: 859

Re: Advice on what to do with CD coming due

Hi everyone, I'm 25 years old and have a $15k CD coming due in the next month or so. Based on current CD rates I don't know that it's worth continuing having the funds in a CD. Any advice on what to do with the money would be much appreciated! Below are my current financial details. Thanks! Savings...
by Sandtrap
Sat Feb 18, 2017 12:30 am
Forum: Personal Consumer Issues
Topic: How do you handle switching your handbag?
Replies: 62
Views: 3639

Re: How do you handle switching your handbag?

This woman's purse/handbag stuff has always completely mystified me. ....................... She seems to have an ungodly number of smaller bags that magically fit inside it. I got a new wallet 5 years ago. I "packed" it once when I moved my stuff into it, it took 2 minutes. I can't imagi...
by Sandtrap
Fri Feb 17, 2017 9:09 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than You Think? Article implications for today?
Replies: 60
Views: 4771

Re: Bonds Are Riskier Than You Think? Article implications for today?

What is the alternative? I think this is the logic: don't use long-term bonds. Diversified stocks for long periods, short bonds for upcoming cash needs (LMP). If you must hold bond/annuity, use TIPS or inflation-adjusted. +1 Thanks, "petulant". So by TIPS do you also include "TIPS Fu...
by Sandtrap
Fri Feb 17, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??
Replies: 16
Views: 912

Re: What is the equiv. to VASIX Life Strategy Income but without international?

Either shrug and accept the international, or buy the individual funds. If you really want nothing but US stocks and US bonds, that's two funds, and if you do the math and are realistic about how closely you need to hold to the asset allocation, you'll conclude that rebalancing doesn't need to be d...
by Sandtrap
Fri Feb 17, 2017 9:05 pm
Forum: Investing - Theory, News & General
Topic: "preview" of bear market
Replies: 17
Views: 3515

Re: "preview" of bear market

. . . . . . . . And, most interesting, but there's another small factor, which I saw in VBINX, which was 60% stocks but fell 34% instead of 53%-of-60% = 32%, and that's the effect of continuous rebalancing, which on the way down is constantly throwing good money after bad and thus making the declin...
by Sandtrap
Fri Feb 17, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??
Replies: 16
Views: 912

Re: What is the equiv. to VASIX Life Strategy Income but without international?

David Jay wrote:BTW - that is the Bogle 2-Fund portfolio.

My thoughts exactly.
There are so many options and many of them lead right back to "Bogle Basics".
j
by Sandtrap
Fri Feb 17, 2017 8:35 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than You Think? Article implications for today?
Replies: 60
Views: 4771

Re: Bonds Are Riskier Than You Think? Article implications for today?

What is the alternative? Ditto: :( The back of my mind is thinking this invalidates Bernstein's 25x Income (expenses) in fixed. So if fixed (bonds) isn't relatively safe. . . relatively. . then what's the alternative? (CD's, Money Market, Passbook savings accounts with the little paper booklet wher...
by Sandtrap
Fri Feb 17, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??
Replies: 16
Views: 912

What is the equiv. to VASIX Life Strategy Income but without international, Balanced Index plus Total Bond, Other??

I am comparing funds for my retirement portfolio and need help. All taxable. Retired. What is the equiv. to the Vanguard Life Strategy Income Fund (VASIX) but without an international component? Similar 20/80 allocation? Vanguard Target Retirement Income Fund (VTINX) has a 30/70 allocation. What is ...
by Sandtrap
Fri Feb 17, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?
Replies: 31
Views: 1931

Re: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?

I have been to diamond head "exclusive" seems like the correct term. Why so motivated though. Do you just want to dumb them or need money asap. I would do Craigslist! And check to see if fb group? Thanks, "JGoneRiding". Don't need the money. Just need to remove them from my asse...
by Sandtrap
Fri Feb 17, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?
Replies: 31
Views: 1931

Re: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?

Short of the National Memorial Of The Pacific, this is one of the most desired and expensive places in Hawaii. Having lived in Hawaii, I agree. And so close to the beautiful ocean! My dear husband and I bought our non-Hawaii plots years ago and now realize they're near a cemetery walkway. Cannot de...
by Sandtrap
Fri Feb 17, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?
Replies: 31
Views: 1931

Re: How to sell a funeral plot located in Hawaii on the slopes of Diamond Head (great views)?

You can "sell" cemetery plots to whomever you want. The trick is to transfer the "title," and that has to go through the cemetery company. The title transfer is likely how you inherited the plots, and one can use the same process on a private sale. There are modest administrativ...

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