Search found 1760 matches

by Sandtrap
Sat Oct 21, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: When one reaches the 1 million mark what to do with all the money?
Replies: 30
Views: 4841

Re: When one reaches the 1 million mark what to do with all the money?

With so many variables and exceptions and "what if's', likely the overall actionable answer is found somewhere in the following: https://www.bogleheads.org/wiki/Boglehe ... philosophy Here are links to the wiki's "Getting Started" and "Investing Startup Kit" pages: https://www.bogleheads.org/wiki/Ge...
by Sandtrap
Sat Oct 21, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab- which money market fund? (taxable account)
Replies: 21
Views: 1010

Re: Schwab- which money market fund? (taxable account)

Additionally: What are the Vangard equivalents to these funds? And comparison of ER ? Thanks, j Vanguard Federal Money Market fund vmfxx, yield .99%, ER .11% Vanguard Prime Money Market Fund vmmxx, yield 1.13%, ER .16% Edit: Vanguard Municipal Money Market Fund (VMSXX), yield .81%, ER .15% A few ot...
by Sandtrap
Sat Oct 21, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from one paid-for house to another
Replies: 22
Views: 1932

Re: Moving from one paid-for house to another

Rent in the area you desire. Sell existing home. Simple transaction. Shop for new home. Buy new home. Simple transaction. Shop for new school.
Minimize expenses. Simple is good.
by Sandtrap
Sat Oct 21, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: 1031 exchange for selling rental, building ADU at existing OO property?
Replies: 4
Views: 217

Re: 1031 exchange for selling rental, building ADU at existing OO property?

A nearby municipality just passed a new law that allows the construction of ADU's (accessory dwelling units) on certain properties. The ordinance specifically states the ADU must be built on the same property as the main house, and the property cannot be subdivided. A friend who lives in his owner ...
by Sandtrap
Sat Oct 21, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Most reliable water shutoff valves? Plumbing question.
Replies: 18
Views: 1373

Re: Most reliable water shutoff valves? Plumbing question.

Highest quality brass quarter turn ball valves per unit, per floor. Globe valve or quarter turn for main. Both work fine depending on the quality of the valve. Often, the "box stores" will not carry what is found at the plumbing supply houses. Per fixture: quarter turn or normal angle stops. I have ...
by Sandtrap
Sat Oct 21, 2017 12:31 pm
Forum: Personal Consumer Issues
Topic: Questions for Landlords - How clean is clean?
Replies: 37
Views: 1972

Re: Questions for Landlords - How clean is clean?

This reminds me of the book/movie "Joy Luck Club". Perhaps she is mentoring you as one would a daughter, teaching you high standards. If you are used to that, then it can work out. But, things are not going to change unless you remove yourself permanently. Actionably: for "landlords", a well written...
by Sandtrap
Sat Oct 21, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab- which money market fund? (taxable account)
Replies: 21
Views: 1010

Re: Schwab- which money market fund? (taxable account)

Also does the 7-Day Yield already account for the expense ratio? (am assuming so, but....) Thank you! Thanks for a great post and taking the time to put the charts in. I also have accounts in Schwab and look forward to the responses. Additionally: What are the Vangard equivalents to these funds? An...
by Sandtrap
Sat Oct 21, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Market high, interest going up: bonds or stocks or cash now?
Replies: 9
Views: 895

Re: Market high, interest going up: bonds or stocks or cash now?

I keep hearing the stocks are "full valuated". And the market is so high. Not a good time to buy stocks? The interest rates will probably go up (per Fed announcements), so bonds probably will go down a bit. When I look at BND, there's no gain for the last year. Not a good time to buy bonds? Maybe i...
by Sandtrap
Sat Oct 21, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Market high, interest going up: bonds or stocks or cash now?
Replies: 9
Views: 895

Re: Market high, interest going up: bonds or stocks or cash now?

People have been predicting a bond crash since 2009, pointing out (correctly) that interest rates could only go up. It hasn't happened yet. Most here think that the effect of rising interest rates on bond prices will probably be small and temporary, and that for the bond investor over the long-term...
by Sandtrap
Sat Oct 21, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investment Strategy
Replies: 20
Views: 1535

Re: Emergency Fund Investment Strategy

This piece: https://www.betterment.com/resources/personal-finance/safety-net-funds-why-traditional-advice-is-wrong/ from Betterment changed my mind. I keep my money in my overall asset allocation which is relatively conservative. I have stopped thinking about things as individual pots and think abo...
by Sandtrap
Sat Oct 21, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: Turn fridge off when gone or leave it running?
Replies: 40
Views: 48063

Re: Turn fridge off when gone or leave it running?

The big issue with leaving it running is if the power goes off or the breaker trips. Then the door will be closed and if there is food in it, , , yuck. . . or even if empty, it may mold and stink because the door is closed, depends on climate. Couple of boxes of baking soda helps.
by Sandtrap
Sat Oct 21, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Paying for medical school for son?
Replies: 75
Views: 3927

Re: Paying for medical school for son?

An additional perspective: If it were me, I would think there's a lot to be said for the support and encouragement of paying for med school, as perceived by my child. And, that gesture in itself might help them to reach their goals. There's a certain onus of responsibility to succeed in return. IE:(...
by Sandtrap
Sat Oct 21, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: Indexing: capitalism at its finest
Replies: 4
Views: 503

Re: Indexing: capitalism at its finest

Thanks for the interesting read. :D

This is a good argument against the Wellesley/Wellington twins.. . . . . (oops) :shock:
by Sandtrap
Sat Oct 21, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Advice with 'holistic' asset allocation
Replies: 7
Views: 607

Re: Please help with my asset allocation

This might make it easier for others to help you.
Post format
viewtopic.php?f=1&t=6212
by Sandtrap
Sat Oct 21, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Is my rental property worth keeping?
Replies: 28
Views: 1687

Re: Is my rental property worth keeping?

it's on the low end of acceptable but not terrible. I have kept a similar property (ie earns about 0.55% per month) but mine is a much smaller percentage of my net worth. Thanks for the response letsgobobby. I hear all the time about people making a huge profit in terms of rent, but did not find th...
by Sandtrap
Sat Oct 21, 2017 10:43 am
Forum: Personal Consumer Issues
Topic: Questions for Landlords - How clean is clean?
Replies: 37
Views: 1972

Re: Questions for Landlords - How clean is clean?

In most landlord tenant codes you have the "right to quiet enjoyment". But in this case, especially without a written lease and house rules and pre-inventory, you are not on solid ground. If the landlord tenant codes do not apply to AirBnB and so forth, then the only leverage you might have at the o...
by Sandtrap
Fri Oct 20, 2017 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Need Investment Advice [What to do with rental home?]
Replies: 3
Views: 252

Re: Need Investment Advice [What to do with rental home?]

You haven't given enough information to see the issue in a larger context.
What is the "net" CAP rate on each home?
Purchase price and how long and mortgage on each rental.
How long did you own them?
Expenses?
Alternative income streams?
Etc.
by Sandtrap
Fri Oct 20, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Is my rental property worth keeping?
Replies: 28
Views: 1687

Re: Is my rental property worth keeping?

Ideally one might aim for a 6% "net" annual CAP rate on rentals. Then adjust for distance ownership costs, property manager, resident manager, rental agent if using a realtor, and so forth. In my experience, when it approaches 4% it is "okay". When it drops below 4% to 3% it's "marginal" because it...
by Sandtrap
Fri Oct 20, 2017 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Is my rental property worth keeping?
Replies: 28
Views: 1687

Re: Is my rental property worth keeping?

Retired R/E developer, rental property owner here. You have this well thought out. Awesome. IMHO: 1 The property is not a terrible investment and you should not "just" get rid of it, for that reason alone. The returns are low and you are paying to have it managed. And, you are questioning having it...
by Sandtrap
Fri Oct 20, 2017 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Is my rental property worth keeping?
Replies: 28
Views: 1687

Re: Is my rental property worth keeping?

Hello all, Seeking some advice on my rental property. I initially bought it because I wanted some exposure to real estate but was not yet ready to buy my own home. I have since bought a personal home and probably no longer need this exposure, but am tempted to keep it just to limit my exposure to t...
by Sandtrap
Fri Oct 20, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Advisor's choice of immediate variable annuity for retirement income
Replies: 21
Views: 1104

Re: Advice on Advisor's choice of immediate variable annuity for retirement income

"Advisor>?" Some helpful links: Bogle Philosophy https://www.bogleheads.org/wiki/Boglehe ... philosophy Here are links to the wiki's "Getting Started" and "Investing Startup Kit" pages: https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Boglehe ... art-up_kit Define Gene...
by Sandtrap
Fri Oct 20, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Need Some Advice [changing advisors]
Replies: 22
Views: 1472

Re: Need Some Advice [changing advisors]

Tibbits, I take a monthly draw so the only permission that I have given, if memory serves me, is to allow that and permission to transfer the funds to my personal bank account. Another time I requested to purchase stock in a company whose product I have consumed all my life, figured about time I bu...
by Sandtrap
Fri Oct 20, 2017 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 121
Views: 8407

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

The only difference to a FA . . and broker. . . and brokerage rep. . . between a small, medium, and substantial net worth is the amount of "drooling" and the size of the bib. I have at times been in a room full of helpful professionals and felt like the lobster, or was it the lobster picture on the ...
by Sandtrap
Fri Oct 20, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: New Home Owner Help
Replies: 8
Views: 430

Re: New Home Owner Help

I have had heat exchangers replaced in 2 of my rental units last year. I got several quotes from licensed and insured reputable HVAC contractors, then had them handle the whole job, parts included. It ran in the range you're talking about. To my understanding, just as many auto shops don't want to i...
by Sandtrap
Fri Oct 20, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5319

Re: Is a crash coming soon?

How much of a decline is a "significant" decline? Thanks. j This is what the NBER says: http://www.nber.org/cycles/jan08bcdc_memo.pdf It seems to me that they are looking for places where the slope changes sign, rather than peak to trough distances. Thanks, "Ged" Great write up. Easy to understand....
by Sandtrap
Fri Oct 20, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 4786

Re: I have to fire someone that I care about personally

So my band is taking big steps forward into the corporate market and we're in talks to sign an exclusive deal with a talent agency...very exciting and big news that we all believe will lead to great growth for the business. Unfortunately however, this is also going to mean replacing a member of our...
by Sandtrap
Fri Oct 20, 2017 10:52 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 211
Views: 134263

Re: A time to EVALUATE your jitters

Thanks, "nisprius" for taking the time to make such an exhaustive post. Is it in a "wiki? This thread should be one of those that keeps going on and on to "infinity and beyond". Not withstanding discussions of "geo-politics, cultural dynamics, etc. and the economic impact of such things that will lo...
by Sandtrap
Fri Oct 20, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Brick Chimney Issues
Replies: 24
Views: 1425

Re: Brick Chimney Issues

During a home insulation project, I had the contractors remove my fireplace. Like you, I never used it and it let in cold air, so they just knocked everything out, took out the metal chimney, and covered everything up with new wall, ceiling, and carpet, giving me more room, quiet, and warmth. While...
by Sandtrap
Fri Oct 20, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Looming Retirement & Market Jitters
Replies: 46
Views: 3707

Re: Looming Retirement & Market Jitters

Some helpful links: Bogle Philosophy https://www.bogleheads.org/wiki/Boglehe ... philosophy Here are links to the wiki's "Getting Started" and "Investing Startup Kit" pages: https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Boglehe ... art-up_kit Define General Investme...
by Sandtrap
Fri Oct 20, 2017 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Investing for a Trust- need family and investing advice
Replies: 6
Views: 261

Re: Investing for a Trust- need family and investing advice

In my opinion your uncle is out of his depth and it may be you are also. It might be this is a case that justifies using a professional trust manager even at some cost. The impact of that cost over periods up to ten years is not as severe as it is over lifetimes. If I were the trustee I would not f...
by Sandtrap
Fri Oct 20, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: Turn fridge off when gone or leave it running?
Replies: 40
Views: 48063

Re: Turn fridge off when gone or leave it running?

For vacant rental units I've done the following:

Turn frig off. Unplug it. Pull out drawers or shelf to keep the door open a few inches.

Make sure stove is turned off. Unplug it.

Turn off all circuit breakers that are not for lighting.

This was in areas where winter was not a concern.
by Sandtrap
Fri Oct 20, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5319

Re: Is a crash coming soon?

Secondly, the longest period in US history without a big recession is 10 years. But in the 80s and 90s we saw a 18 year bull market. The unscientific part of your post rings true. There will always be bulls and bears talking about the market. Point of order, in 1987 on this day we had a slight dip ...
by Sandtrap
Fri Oct 20, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Investing for a Trust- need family and investing advice
Replies: 6
Views: 261

Re: Investing for a Trust- need family and investing advice

Based on "my" experience in similar situations, both positive and negative, with substantial assets.: (this is what "I" have done on numerous occasions) 1 First in priority is attention to the human element. Retain family dynamics before all else. No matter how wise the "numbers", dynamics can go fr...
by Sandtrap
Fri Oct 20, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: For those near retirement and rebalanced to Bonds...
Replies: 34
Views: 3312

Re: For those near retirement and rebalanced to Bonds...

In retirement. Bernstein Liability Matching Portfolio. Allocation 30/70. IPS detailed and intact and followed. Sleep factor 100% What the market does lately, or non-lately (is that a word?) is irrelevant. Ignore the noise. :D +1. I am not sure whether Sandtrap copied my IPS or I copied his but we b...
by Sandtrap
Fri Oct 20, 2017 9:44 am
Forum: Personal Consumer Issues
Topic: Wife New Car Recommendations - SUV
Replies: 51
Views: 3663

Re: Wife New Car Recommendations - SUV

Find an absolutely Mint condition garage kept extremely low mileage Honda Element AWD.
Senior owned. Only driven on Sunday to the corner store. :D

If not, Toyota SUV with AWD.
by Sandtrap
Fri Oct 20, 2017 12:56 am
Forum: Personal Consumer Issues
Topic: How secure is fingerprint ID on the Iphone and also for App ID access such as Vanguard?
Replies: 14
Views: 1328

Re: How secure is fingerprint ID on the Iphone and also for App ID access such as Vanguard?

Without endorsing illegal activity, another thing to consider is that passwords and fingerprints are treated differently under the 4th & 5th Amendments to the US Constitution. Specifically, you cannot be compelled to reveal a password, but can be compelled to unlock/decrypt your device with a finge...
by Sandtrap
Fri Oct 20, 2017 12:36 am
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5319

Re: Is a crash coming soon?

ofcmetz wrote:
Fri Oct 20, 2017 12:33 am
Sandtrap wrote:
Thu Oct 19, 2017 5:43 pm
I hope so.
Then prices will be a bargain.
I'm ready. :D
Maybe or maybe not. If something fundamentally changes in the world or economy then even with a crash things may not be cheap.
So true. But, something will be a bargain. R/E. Apartment buildings. Who knows. :D
by Sandtrap
Fri Oct 20, 2017 12:28 am
Forum: Personal Consumer Issues
Topic: Pant Recommendations (Business Casual)
Replies: 30
Views: 1854

Re: Pant Recommendations (Business Casual)

Brands have different fits now, but you seem to be concerned about the waist only. If the pants are too tight around the waist, they don't fit properly. Different brands can vary for the same nominal waist size, but even then the different models within the brand can vary, so you have to try them o...
by Sandtrap
Thu Oct 19, 2017 9:47 pm
Forum: Personal Consumer Issues
Topic: How secure is fingerprint ID on the Iphone and also for App ID access such as Vanguard?
Replies: 14
Views: 1328

Re: How secure is fingerprint ID on the Iphone and also for App ID access such as Vanguard?

I have tried to do a lot of reading on the safety of the various online ways to access one's financial accounts. I know I have seen many here post that they would not use their phone. I feel differently and have found at least some experts that agree. I was a bit surprised to hear that, but then ag...
by Sandtrap
Thu Oct 19, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.
Replies: 13
Views: 534

Re: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.

Re: Beneficiary Designation of Vehicles Arizona law (A.R.S. §14-28-2055) (https://www.google.com/search?q=arizona+transfer+of+vehicle+title+to+beneficiary+upon+death&ie=utf-8&oe=utf-8) which allows vehicle owners to designate one beneficiary or multiple beneficiaries as owner of the vehicle, effect...
by Sandtrap
Thu Oct 19, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.
Replies: 13
Views: 534

Re: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.

I was not saying that you should not use beneficiary deeds/titles. In fact, in your case, my caution to you was probably unneeded. It is just that many people when they first find out about these beneficiary options they jump on them without thinking of an overall plan. Thanks "Spirit Rider". Alway...
by Sandtrap
Thu Oct 19, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.
Replies: 13
Views: 534

Re: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.

Just because you can do something, does not mean you should do that something. Maybe bsteiner or some of our other resident estate and trust lawyers will comment. When you leave something directly to a spouse, you can not control who it goes to when they die. Beneficiary distributions of real and p...
by Sandtrap
Thu Oct 19, 2017 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.
Replies: 13
Views: 534

Re: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.

Just because you can do something, does not mean you should do that something. Maybe bsteiner or some of our other resident estate and trust lawyers will comment. When you leave something directly to a spouse, you can not control who it goes to when they die. Beneficiary distributions of real and p...
by Sandtrap
Thu Oct 19, 2017 6:28 pm
Forum: Investing - Theory, News & General
Topic: For those near retirement and rebalanced to Bonds...
Replies: 34
Views: 3312

Re: For those near retirement and rebalanced to Bonds...

In retirement.
Bernstein Liability Matching Portfolio.
Allocation 30/70.
IPS detailed and intact and followed.
Sleep factor 100%

What the market does lately, or non-lately (is that a word?) is irrelevant.
Ignore the noise. :D
by Sandtrap
Thu Oct 19, 2017 6:19 pm
Forum: Personal Consumer Issues
Topic: Landscapers lack of a permit becomes my problem
Replies: 18
Views: 2051

Re: Landscapers lack of a permit becomes my problem

My misunderstanding.
The city sent you a letter to remove the plants lst.
by Sandtrap
Thu Oct 19, 2017 6:08 pm
Forum: Personal Consumer Issues
Topic: Landscapers lack of a permit becomes my problem
Replies: 18
Views: 2051

Re: Landscapers lack of a permit becomes my problem

Received a notice from an out of state city where I own some land. They are going to fine me a per day fee for a code violation. A few months ago a landscaper did some removal of exotic plants on this land.The city requires landscaper to get a permit before removal. So I call the landscaper and he ...
by Sandtrap
Thu Oct 19, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.
Replies: 13
Views: 534

Beneficiary Deed, Beneficiary Title, for R/E, Cars, etc.

I was at the paralegal/doc prep office the other day doing a "beneficiary deed" on some rentals and was informed that any property that has a "title" can have a "beneficiary title" on it to avoid probate. This is in the state of Arizona. Not sure about Hawaii or elsewhere. I have titles on cars, tru...
by Sandtrap
Thu Oct 19, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Best place to invest (*other* than Vanguard)?
Replies: 27
Views: 2355

Re: Best place to invest (*other* than Vanguard)?

I have a few funds at Schwab as they are very very low ER.
But it doesn't bother me that most everything is in Vanguard.

At one time I had things spread out, TD, etc, etc. But I found it easier to simplify.