Search found 3600 matches

by Sandtrap
Fri Feb 16, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: Is a Brokerage "Redemption Fee" tax deductible?
Replies: 14
Views: 767

Is a Brokerage "Redemption Fee" tax deductible?

I got "dinged" a "redemption fee" at Schwab on the sale of a fund in Jan 2017.
(my error) It's called an "early redemption fee".

Is this "fee" deductible on my taxes?

Thanks everyone for you help.
j :D
by Sandtrap
Fri Feb 16, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Are we TOO diversified? Time to hire a professional? Who has?
Replies: 14
Views: 1855

Re: Are we TOO diversified? Time to hire a professional? Who has?

Welcome: :D

Simplify
Reduce fund overlap
Minimize expenses

GETTING STARTED
https://www.bogleheads.org/wiki/Getting_started
Asking Portfolio Questions
https://www.bogleheads.org/forum/viewt ... =1&t=6212
You can edit your original post with more info, etc.

aloha,
j :D
by Sandtrap
Fri Feb 16, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9390

Re: Job is starting to suck the life out of me.

If I were in the OP shoes I would go to someone I trust in the company and discuss the situation. I would also ask for their brutal honesty about my performance and shortcomings. That can be a difficult discussion, but well worth the effort. But make sure it is someone you absolutely trust to keep ...
by Sandtrap
Fri Feb 16, 2018 9:20 pm
Forum: Personal Consumer Issues
Topic: Roof Leak...Need Advice
Replies: 15
Views: 1357

Re: Roof Leak...Need Advice

This is something that should be fixed ASAP before future rains cause more damage.
It might be good at some point to weigh the costs of pursuing builder or roofer warranty work vs just getting it fixed, either by yourself or a roofer.
Good luck.
mahalo,
j :D
by Sandtrap
Fri Feb 16, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: Repairing Stucco: A Case of Contractor Gouging
Replies: 39
Views: 2707

Re: Repairing Stucco: A Case of Contractor Gouging

Try to fix it yourself. If you mess up it will be on the finish coat where it has to match the surrounding area. You can always get someone to come and touch up the finish coat stucco to make a better match for cheaper than these quotes. Try it. You might find it rewarding. You might find it far sim...
by Sandtrap
Fri Feb 16, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 142
Views: 12203

Re: Retirees: The common sense withdrawal method

From "simple Bogle Basics" to Bob's "Funded Ratio", there comes a point where, yes, to those that are aware and informed (most on the forum) things become intuitive and seem like "common sense". But, that's based on an organic understanding where most of the relevant concepts are already internalize...
by Sandtrap
Thu Feb 15, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 80
Views: 9007

Re: Can someone help me explain to my wife...?

Some or all of these might work. "The Bogleheads recommended. . . " "Morningstar had an article that said. . . " "Warren Buffet said. . " "Jack Bogle of Vanguard said. . " "Taylor Larimore said. . . " "livesoft said. . . " ". . . etc. . . " ". . . and they are much smarter than I am. . " Actionably,...
by Sandtrap
Wed Feb 14, 2018 9:33 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8378

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I have a personal rule of not giving advice to anyone with more money than me, so that pretty much cuts me out of most discussions. I'd drop that rule. It's good to be humble but there are a lot of people you could help. Wealth is often more a function of age than wisdom. Twice as much wealth does ...
by Sandtrap
Wed Feb 14, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7456

Re: Larry Swedroe: Bias Can Derail You

whodidntante wrote:
Wed Feb 14, 2018 1:42 pm
Sandtrap wrote:
Wed Feb 14, 2018 12:00 pm
Thanks, Dave.
The uncertain shuffling across the global economic-political landscape adds to the unpredictability of things.
True?

Mahalo🌺
Jim
The uncertain shuffling across the US economic-political landscape adds to the unpredictability of things.
True?
Yes. Also.
Good one.
J🌺
by Sandtrap
Wed Feb 14, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Advice with Car Replacement?
Replies: 21
Views: 936

Re: Advice with Car Replacement?

#1
Mahalo
J🌺
by Sandtrap
Wed Feb 14, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 6393

Re: Work-out schedule for those in 60s

Every 3-6 months a fitness-related post appears here. That's great! For many years, I've observed that many if not most posting Bogleheads have some kind of workout/exercise routine. Some regimens are more involved or complicated or sophisticated than others. But frankly, my takeaway is that SOMETH...
by Sandtrap
Wed Feb 14, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7456

Re: Larry Swedroe: Bias Can Derail You

Thanks, Dave.
The uncertain shuffling across the global economic-political landscape adds to the unpredictability of things.
True?

Mahalo🌺
Jim
by Sandtrap
Wed Feb 14, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Best way to sell a Washer and Dryer
Replies: 11
Views: 899

Re: Best way to sell a Washer and Dryer

Craig’s List
J🌺
by Sandtrap
Wed Feb 14, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: rule of thumb of when to sell your car
Replies: 50
Views: 3395

Re: rule of thumb of when to sell your car

When my Toyota costs more to fix than it is worth.👍
J🌺
by Sandtrap
Tue Feb 13, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 128
Views: 10480

Re: What if you only live off dividends?

You can live off of dividends and interest if:

1. Your expenses are very very low.
2. You have substantial alternative income streams. IE: SS, Pension, Rentals, etc.
3. Your portfolio is humungous :shock: (technical term).

j :D
by Sandtrap
Tue Feb 13, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: What is your passive investment sources?
Replies: 7
Views: 1261

Re: What is your passive investment sources?

GETTING STARTED https://www.bogleheads.org/wiki/Getting_started Free Reading: "If You Can" by Bernstein https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjyzoDk9vHXAhVMxYMKHYFdATUQFggpMAA&url=https%3A%2F%2Fwww.etf.com%2Fdocs%2FIfYouCan.pdf&usg=AOvVaw25wxjcA_8P...
by Sandtrap
Tue Feb 13, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Co-investment with parents and sibling jealosy [Home construction]
Replies: 22
Views: 2193

Re: Co-investment with parents and sibling jealosy

My wife and I live in a HCOL area in the United States. Her parents own a shoddy house nearby on a very nice lot and we have all been discussing tearing their house down and building a large multi-generational house (effectively two units) on their lot where all of us could live. In principle, if t...
by Sandtrap
Tue Feb 13, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Index fund or bank
Replies: 4
Views: 560

Re: Index fund or bank

Welcome :D It is hard to give good suggestions without knowing the rest of your financial picture. This is the format to post. You can edit your original post. Asking Portfolio Questions https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Age? Income? Debts? etc. The general sequence (greatly ...
by Sandtrap
Tue Feb 13, 2018 1:19 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8378

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I used to be one of the Bogleheads who tried to help answer some questions. But it has seemed that more and more requests from people who have not checked the Bogleheads Wiki first. Maybe if we had something that said "Welcome first time Bogleheads" which would cause them to click on that heading. ...
by Sandtrap
Tue Feb 13, 2018 1:12 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8378

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

Some FAs devise their own templates that they give to their prospective clients prior to the first real session. It allows them to get the picture in a format that is clear to them, without distractions of narrative that is not applicable, etc. Just a thought. I realize this is all voluntary, so li...
by Sandtrap
Tue Feb 13, 2018 1:08 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8378

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I remember that a couple of years ago much of the discussions centered around the "Slice and Dice" crowd. I hardly see any of that anymore. More recently it's been how much international to hold. Most recently it's seems to be how much in bonds to hold and where to hold them. Looking past the gold ...
by Sandtrap
Tue Feb 13, 2018 1:05 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 103
Views: 8378

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I've seen a dozen portfolio assessment posts come up the last few weeks (I posted one yesterday). Many get little or no response, even when posted correctly. Yet a question about brake pads may yield a couple of hundred responses. Are people just tired of answering portfolio assessments? If so, thi...
by Sandtrap
Tue Feb 13, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16827

Re: Number at which to stop worrying

This is different from other threads which talk about the number for early retirement. I want to continue working for the foreseeable future, but keep thinking at what level of NW could I relax a bit and not worry too much. Family of four in a MCOL area and single earner. Kids yet to go to college....
by Sandtrap
Tue Feb 13, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 11144

Re: Did you learn anything from the market correction?

I learned the value of mutual support, education, and mentoring, on the forum.
Walk the talk.

j :D
by Sandtrap
Tue Feb 13, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 133
Views: 9555

Re: What big item (>20k) are you saving up for?

Overseas travel, Southeast Asia, China, Etc. (like "midaref") Roadtrek RV. . . or Travato. . (like "Toons") House in Kamuela on the Big Island of Hawaii. Golf Course townhouse in the Troon Development in Upper Scottsdale. University of "Bogleheads" for degree in "Retirement Lifestyle". mahalo, j :D
by Sandtrap
Tue Feb 13, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6626

Re: I think US interest rates could drop.

I don't think the Fed wants to be stuck at a zero interest rate or right at it when the next crisis hits. I would expect them to continue to push for rate increases until the next crisis hits. Trying to understand the correlation. Doesn't that push for rate increases encourage the next crisis? j :D...
by Sandtrap
Mon Feb 12, 2018 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Age 25 - New to Investing, Looking for Advice
Replies: 22
Views: 1392

Re: Age 25 - New to Investing, Looking for Advice

Welcome :D Congratulations on your successes. Given you age and situation, it would be prudent to build your own "safety net" based on the premise that: 1. You lose your job. 2. You need to rent a place of your own (security deposit, first and last months rent, etc. 3. Your car breaks down and you n...
by Sandtrap
Mon Feb 12, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Driver’s Behind The Dip
Replies: 27
Views: 2728

Re: Larry Swedroe: Driver’s Behind The Dip

Dave: In my opinion, this is the most important part of the article: The important message I hope you will take away is that your investment plan should incorporate the virtual certainty you will experience severe bear markets, on average, about once a decade or so, and that you will have to live t...
by Sandtrap
Mon Feb 12, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Strategy
Replies: 15
Views: 1002

Re: Investment Strategy

As a small investor, it's very hard to see paper loss and anxious to jump in when market drops. There are so many institution and robo investors fight in this market. As a small investor, we need be patient, wait until the dust settle down. And always be value oriented. Equity valuation is still to...
by Sandtrap
Mon Feb 12, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house, duplex/multiplex, or condo in Houston, TX? Any advice?
Replies: 15
Views: 1239

Re: Should I buy a house, duplex/multiplex, or condo in Houston, TX? Any advice?

IMHO Keep things as simple as possible so you can focus on your medical career. Renting gives you flexibility, simplicity, and doesn't tie you down compared to a purchase and depending on a roommate. Work, and volunteer, as time allows in the medical field. A degree in molecular biology will open do...
by Sandtrap
Mon Feb 12, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6626

Re: I think US interest rates could drop.

One reason why interest rates may go up is simply supply and demand. This year alone we will have a trillion dollar deficit on top of a very high debt/GDP ratio. In fact with the tax cuts and increases in military and domestic spending plus the Fed selling Treasuries to reduce their balance sheet w...
by Sandtrap
Mon Feb 12, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: I think US interest rates could drop.
Replies: 62
Views: 6626

Re: I think US interest rates could drop.

I don't think the Fed wants to be stuck at a zero interest rate or right at it when the next crisis hits. I would expect them to continue to push for rate increases until the next crisis hits. Trying to understand the correlation. Doesn't that push for rate increases encourage the next crisis? j :D
by Sandtrap
Mon Feb 12, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: Tips on Buying a Class-B RV
Replies: 104
Views: 7583

Re: Tips on Buying a Class-B RV

All, Well the deed is done. The order is! Paperwork signed! Deposit paid! Lead time should be about 3 months! Still a bit nervous about the decision—it’s a pricey piece of machinery. Next big question — Are the extended warranties for th MB Sprinter chasis or the PLeasure-Way build/appliances worth...
by Sandtrap
Mon Feb 12, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Help me NOT pay for a financial planner!
Replies: 15
Views: 1773

Re: Help me NOT pay for a financial planner!

FIrst: make everyone aware (DW and Advisor at meeting, etc) that, in no uncertain terms, no decision will be made or contract signed or money paid for financial services until you have a consult with Vanguard VPAS services. That will buy you time and also make it known where you stand when it comes ...
by Sandtrap
Mon Feb 12, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4590

Re: Random conversations regarding money

Investing Behavior Pitfalls: Wiki

https://www.bogleheads.org/wiki/Behavioral_pitfalls

The cup is already full.
j :D
by Sandtrap
Mon Feb 12, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Deciding to Buy Rental Property - Need Advice
Replies: 16
Views: 1852

Re: Deciding to Buy Rental Property - Need Advice

The "elephant in the room" here is. . . .

Do you want to be a landlord?

If no, then eliminate those options.

j :D
by Sandtrap
Mon Feb 12, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7151

Re: I’m not renewing my Costco membership.

Costco membership and the Bogleheads community have quite a lot of Venn diagram overlap. I’ve been a Costco stockholder for almost 20 years and I’m a big fan of their business model, their customer-focused return policy, and the way they treat their employees. Having said that, I’m not going to ren...
by Sandtrap
Mon Feb 12, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: What criteria warrants a need for Living Revocable Trust?
Replies: 67
Views: 6175

Re: What criteria warrants a need for Living Revocable Trust?

Reading: "Beyond the Grave", by Candor. (If anything, for family dynamics and interplay) Good tip -- been reading this today (well, with the Olympics in the background :D ). I initially thought that it would all be "just common sense" and not super-relevant to my generally functional extended famil...
by Sandtrap
Mon Feb 12, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Birding binoculars under $500?
Replies: 21
Views: 1015

Re: Birding binoculars under $500?

I think there are some serious birders here. We recently moved into a house that backs up against a wooded greenbelt and are getting more into birding. The small pocket binoculars I own just aren't quite cutting it. After reading a variety of online reviews I came up with the Nikon Monarch 7 8x42 a...
by Sandtrap
Sun Feb 11, 2018 10:17 pm
Forum: Investing - Theory, News & General
Topic: proper # of holdings in an income portfolio
Replies: 10
Views: 861

Re: proper # of holdings in an income portfolio

try firecalc 6.5% is a bit unrealistic ONLINE FINANCIAL TOOLS PORFOLIO VISUALIZERS, PROJECTIONS, AND ANALYSIS https://www.portfoliovisualizer.com Firecalc. Retirement. How long will your money last? https://www.firecalc.com Morningstar Instant Xray https://members.morningstar.com/Register/PortfolioP...
by Sandtrap
Sun Feb 11, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: Borrow vs Pay Cash
Replies: 24
Views: 1854

Re: Borrow vs Pay Cash

I pay cash for everything because it is the strongest bargaining position.
And the simplest purchase.
j :D
by Sandtrap
Sun Feb 11, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4116

Re: How does one emotionally keep it together during market swings?

I'm aware of market swings. Also well studied in market behavior and the unpredictable nature of it. Also have a solid, well though out IPS statement and stick to it. Education is your friend. The more self studied you can be, the more dispassionate you can get about it. It's just numbers after awhi...
by Sandtrap
Sun Feb 11, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 4726

Re: Family expecting “comps”

Interesting. . . to be so easily offended. . . without mentioning it first. . .perhaps a misunderstanding. . and then quick to pass judgement with a "nasty message". Yes. an expression of "resentment" as you sense, perhaps entitlement to your riches. Things like this reveal character, perhaps. As i...
by Sandtrap
Sun Feb 11, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: what to look for when buying a flipped house
Replies: 27
Views: 1851

Re: what to look for when buying a flipped house

I'm looking to buy my first house in 2018. Stuff is just now trickling onto the market, with a number of obvious flip jobs. Some of these houses look appealing, but how would one know whether the sale price is reasonable or not? For instance, one house I'm considering sold for $400,000 17 months ag...
by Sandtrap
Sun Feb 11, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 4726

Re: Family expecting “comps”

Interesting. . . to be so easily offended. . . without mentioning it first. . .perhaps a misunderstanding. . and then quick to pass judgement with a "nasty message". Yes. an expression of "resentment" as you sense, perhaps entitlement to your riches. Things like this reveal character, perhaps. As it...
by Sandtrap
Sun Feb 11, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: Do you think it is worth the money to travel to warm weather destinations during the winter?
Replies: 77
Views: 6411

Re: Do you think it is worth the money to travel to warm weather destinations during the winter?

Depends on one's resources. I have one close friend who has homes in Florida, Northern Arizona, Scottsdale, etc. He and his wife travel to each depending on climate. Also throwing in time in Cancun and elsewhere. They have substantial funds in retirement. Other friends have homes in cold climates an...
by Sandtrap
Sun Feb 11, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Legal Docs
Replies: 16
Views: 1308

Re: Legal Docs

Welcome? What legal docs are you referring to? And for what purpose? Beneficiary Deed? Trust or will docs? etc? You can edit your original post with more specifics. What you want to accomplish for what? j :D This is one of the primary reasons I feel that an estate attorney is a good idea. Most of u...
by Sandtrap
Sun Feb 11, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Legal Docs
Replies: 16
Views: 1308

Re: Legal Docs

Welcome? What legal docs are you referring to? And for what purpose? Beneficiary Deed? Trust or will docs? etc? You can edit your original post with more specifics. What you want to accomplish for what? Books on Wills, Trusts, and Estates Beyond the Grave: The Right Way and the Wrong Way of Leaving ...