Search found 235 matches

by Sandtrap
Sun Jan 15, 2017 9:20 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 305
Views: 46288

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

This is an interesting discussion. After living frugally for so long when (if ever) do we switch to more comfort or more luxury? Do we want to switch? Why or why not? Interesting point. That sense of "frugality" vs luxury for its own sake? A "found" but new/once hit $5 ProV1 gol...
by Sandtrap
Sun Jan 15, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie question on portolio asset class rebalancing.
Replies: 7
Views: 380

Re: Newbie question on portolio asset class rebalancing.

This is the fundamental argument about why one rebalances. If the fund that has been underperforming continues to then yes you are 'throwing good money after bad." Most of the time, you will be rebalancing from the asset class with the higher expected return to the lower and will be lowering f...
by Sandtrap
Sun Jan 15, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 346
Views: 53558

Re: What are Costco's best deals?

Glasses (progressive prescriptions less than half normal price).
Hot dog/soda $1.50
Tires
Batteries for: car, truck, golf cart, deep cycle, heavy equipment.
by Sandtrap
Sun Jan 15, 2017 2:21 pm
Forum: Investing - Theory, News & General
Topic: Retired, expenses covered but still growing portfolio, why?
Replies: 46
Views: 4324

Re: Retired, expenses covered but still growing portfolio, why?

I think for a lot of people it's just hard to turn off the savings switch. My dad has spent decades taking pride and comfort in watching his savings grow. He says since he was a young man he always looked at his savings and thought, " how long can I make this last if I never earn another dime....
by Sandtrap
Sun Jan 15, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie question on portolio asset class rebalancing.
Replies: 7
Views: 380

Re: Newbie question on portolio asset class rebalancing.

No. You are selling shares at a higher price than you bought them for, and then you are buying shares in the other fund at a reduced price (they are now "on sale!") No. Yes. This is one way to keep your asset allocation at the ratio you want. Agreed, but one additional point. There is tru...
by Sandtrap
Sun Jan 15, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie question on portolio asset class rebalancing.
Replies: 7
Views: 380

Re: Newbie question on portolio asset class rebalancing.

:oops:
Thanks.
Like missing the elephant in the room.
Of course.
Thanks again.
by Sandtrap
Sun Jan 15, 2017 12:56 pm
Forum: Investing - Theory, News & General
Topic: Retired, expenses covered but still growing portfolio, why?
Replies: 46
Views: 4324

Re: Retired, expenses covered but still growing portfolio, why?

Several of our members have all their retirement living expenses covered by SS and pensions and continue to grow their low to mid 7 digit portfolios in retirement. For those individuals what if the purpose of continuing to grow these portfolios instead of using the funds to upgrade materials items,...
by Sandtrap
Sun Jan 15, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Does it sound like my employer trying to push me out?
Replies: 60
Views: 5858

Re: Does it sound like my employer trying to push me out?

. . . . . - Two of my co-workers were recently promoted and one is now my supervisor. I was not promoted. . . . . . . . . My new supervisor recently asked me to "train" a new hire and show him what I do. He flat out told me that he and his boss are concerned that they have no backup if I ...
by Sandtrap
Sun Jan 15, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX or 457 -- Which choice is better and why?
Replies: 9
Views: 874

Re: VTSAX or 457 -- Which choice is better and why?

This may be on the edge of the scope of your question, and maybe not applicable because of unknown details.
Option 4
Apply those funds to any loans/mortgage you may have on the other 2 rental properties.
(not applicable if you own them free and clear)
by Sandtrap
Sun Jan 15, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Newbie question on portolio asset class rebalancing.
Replies: 7
Views: 380

Newbie question on portolio asset class rebalancing.

The "Bogleheads wiki has this rebalancing example: You own two funds (Fund A and Fund B). The funds could be either mutual funds, index funds or exchange-traded funds (ETFs). You have a $10,000 portfolio and have selected an asset allocation such that each fund represents 50% of the total ($500...
by Sandtrap
Sat Jan 14, 2017 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: What else can I do with my job experience
Replies: 14
Views: 1508

Re: What else can I do with my job experience

USAF, Coast Guard, Navy: data analysis, strategic analysis, etc. There are often greater and unique opportunities for your skill set there than in the private sector. Your 4 year Bachelors degree will come in handy, too. Worth looking into perhaps.
by Sandtrap
Sat Jan 14, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

. . . . . . . . Again, thanks for your help and advice. Homework is good. [/quote. . . . . . . . You seem like you want to learn as much as you can . . . . . . You're absolutely correct on that. I feel I've done passably well over the decades because I have a need? (OCD?) to fully understand every ...
by Sandtrap
Sat Jan 14, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: 65k Cash. 25 y/o. Best place to put this?
Replies: 25
Views: 1591

Re: 65k Cash. 25 y/o. Best place to put this?

I currently have 65k cash in a 1% APY savings account. I'm 25 y/o planning to go to medical school within 2 years. Is this the best place to put this cash? I already have maxed out my Vanguard Roth IRA contributions. I have no house and am currently renting. Not sure if I should try to purchase a h...
by Sandtrap
Sat Jan 14, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Job dilemma
Replies: 24
Views: 1843

Re: Job dilemma

Consider: 1) How long do you have to work there to get reimbursed for the relocation expenses? 2) High risk, high reward = high chance of losing job. Now, you're in a new location with heavy expenses and no income. How's your Emergency fund ? 3) You might like the job, but can't stand your coworker...
by Sandtrap
Sat Jan 14, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: Keeping kitchen knives sharp
Replies: 54
Views: 3941

Re: Keeping kitchen knives sharp

Since I never could get the knack of a traditional whetstone, I bought a Tri-Angle Sharpmaker from Spyderco. It's a bit pricey, but it's fairly fool proof and quickly puts a nice edge on all our sharp kitchen implements, including serrated knives and scissors. I sometimes even travel with it if I k...
by Sandtrap
Sat Jan 14, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9126

Re: How much do you typically spend in a restaurant?

Does anybody else look down at a $30 entree in a restaurant and think, "this would've cost $1 at home"? :shock:
by Sandtrap
Sat Jan 14, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

Why do you add "international" into the mix? What influences the decision to go with a specific "x"% allocation (20-40%) of "international" as a subset of the 50% stock asset class? . . . . . . . . . . Anyway, total return is probably better than a dividend strategy. Y...
by Sandtrap
Sat Jan 14, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

You could include U.S. And International REITs in your allocation for additional cash flows to you from dividends. You have real estate with no loans and it is taxed the same. Have you invested in the properties so long there is no more depreciation? Thanks "abuss368" for the help. Apprec...
by Sandtrap
Fri Jan 13, 2017 11:23 pm
Forum: Personal Consumer Issues
Topic: New SUV, $50G, Pilot/Highlander/Other
Replies: 112
Views: 13490

Re: New SUV, $50G, Pilot/Highlander/Other

Toyota "anything". I did very well a couple years ago with the "consumer reports" (can't remember), online "haggling" with the dealers on specific new model Toyota Tundras and Ford Trucks. I went through 12 Ford dealers who "played games" and 4 Toyota dealers....
by Sandtrap
Fri Jan 13, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: New vs. Used Car Purchase
Replies: 26
Views: 1741

Re: New vs. Used Car Purchase

Option 1 (frugal) - if the current car is running okay, apply the 100k to the morgage.
Option 2 (less frugal) - used Toyota "anything" and apply balance to the mortgage. Sell old car on craig's list. Money is money.
by Sandtrap
Fri Jan 13, 2017 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Job dilemma
Replies: 24
Views: 1843

Re: Job dilemma

Perhaps the 2nd half of your post answers the question itself?
And, each option taken will open up other options in turn.
Good luck in your choices.
by Sandtrap
Fri Jan 13, 2017 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Just sold my home and looking to invest proceeds
Replies: 17
Views: 1160

Re: Just sold my home and looking to invest proceeds

100k emergency funds
300k pay down mortgage.
by Sandtrap
Fri Jan 13, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Vanguard Managed Payout Fund (VPGDX) vs ??
Replies: 36
Views: 2670

Re: Advice on Vanguard Managed Payout Fund (VPGDX) vs ??

I would make these points about the Managed Payout fund. The big things it has going for it is that it is the only Vanguard balanced fund (stocks and bonds both) that pays out monthly, and it is the only set-and-forget product that is intended for the purpose of delivering monthly income from a bal...
by Sandtrap
Fri Jan 13, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 91
Views: 10398

Re: Best DNA genealogy testing kits

Thanks for all the responses! I ordered a kit from ancestry.com. I also started a free 14 day trial on its web. I found a woman who had traced my paternal grandmother's family back to the 1700s. If I have just one bit of advice to anyone doing family history, it's to not trust any work that you hav...
by Sandtrap
Fri Jan 13, 2017 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with $30k at 30 years old?
Replies: 49
Views: 3454

Re: What would you do with $30k at 30 years old?

[/quote] I just turned 30 last month and I have just hit 31k in my retirement account as a government employee. OP seems very similar to me in that I am always looking to use my entrepreneurial spirit i.e. moneymaking schemes as my wife calls them. However, the security of the government along with ...
by Sandtrap
Fri Jan 13, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Weight machine vs free weight
Replies: 64
Views: 3665

Re: Weight machine vs free weight

Inspired by a question from someone who asked about a 3rd exercise machine. Lots of good recommendations re. weight training. I did not want to hijack that thread, so I ask my question here. I have been doing cardio (outdoor jogging/indoor elliptical) for several years, but neglected to do weight t...
by Sandtrap
Fri Jan 13, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring this May, please advise
Replies: 24
Views: 2851

Re: Retiring this May, please advise

rkhusky, I really have no idea what my health insurance expense will be after COBRA ends. If ACA were to remain or something similar in price were to evolve, I would qualify for subsidies and my insurance expense would be lower. But who knows? Post COBRA. Then. . . an interim option. . . Short term...
by Sandtrap
Fri Jan 13, 2017 12:30 pm
Forum: Personal Consumer Issues
Topic: Trip to Kona, Hawaii - Suggestions
Replies: 44
Views: 2598

Re: Trip to Kona, Hawaii - Suggestions

Things to eat while you are in Hawaii, land of "food", island style. Spam Musubi Pulehu Ribs . . . Pulehu anything. Korean Kal Bi. . . island style. Buffet anything. . . Portuguese sausage and eggs for breakfast. . . . Portuguese bean soup. . . . Oxtail soup. . chinese island style. . . lo...
by Sandtrap
Fri Jan 13, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

+1. This is a simple plan or go 50/50. 50% Vanguard Total Stock Market Index Admiral and 50% Vanguard Intermediate-Term Tax Exempt and you're done. If you're in the 25% tax bracket or below you could go with Vanguard Total Bond Market Index fund. If you want international in the mix you can add Van...
by Sandtrap
Fri Jan 13, 2017 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

[/quote] +1. This is a simple plan or go 50/50. 50% Vanguard Total Stock Market Index Admiral and 50% Vanguard Intermediate-Term Tax Exempt and you're done. If you're in the 25% tax bracket or below you could go with Vanguard Total Bond Market Index fund. If you want international in the mix you can...
by Sandtrap
Fri Jan 13, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

Sorry this does not answer your question but I was wondering why you are selling apartment buildings which generate income which you have to replace. Yes. There's a huge temptation to remain in R/E. Financial comfort zone. 40 years of hard experience. Just need to generate a frugal retiree income s...
by Sandtrap
Fri Jan 13, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: $600,000. Now what?
Replies: 55
Views: 9933

Re: $600,000. Now what?

. . . . . . . . Unless you desire hitting the $50M number, I can't understand why you would risk almost everything for just a few extra years of financial independence. The joy of "winning" early is easily outweighed by the pain of "losing". Good luck with whatever you choose. L...
by Sandtrap
Fri Jan 13, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Advice on Vanguard Managed Payout Fund (VPGDX) vs ??
Replies: 36
Views: 2670

Re: Advice on Vanguard Managed Payout Fund (VPGDX) vs ??

A good interim measure might be to allocate several million to work with Vanguard PAS, and then another several million in a self managed portfolio (a little at a time). Thoughts on this??? :| I think this is a possibility. It is fine to be slow, studied, cautious, deliberate, and methodical…until ...
by Sandtrap
Fri Jan 13, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: What would you do with $30k at 30 years old?
Replies: 49
Views: 3454

Re: What would you do with $30k at 30 years old?

I have been in your shoes. . . . . . . . . . . Personally, I would aquire a solid job with benefits (gov't/state/fed?) to solidify a dependable income stream to protect that $30k. Then I would learn from the "experts" (not me) here at "Bogleheads" re: financial investment portfo...
by Sandtrap
Thu Jan 12, 2017 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve GOALS?

...Huge thanks to everyone for helping this Bogleheads “newbie” up to this point (retiredjg, abuss368, livesoft, indexfan, blevine, nisiprius, and more. :sharebeer ) It has helped me better define my goals and questions to ask. Maybe I missed it and don't recall reading any of your other threads, b...
by Sandtrap
Thu Jan 12, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

... "Living Off Your Money: The Modern Mechanics of Investing During Retirement with Stocks and Bonds Hardcover – April 28, 2016 by Michael H McClung " is an outstanding work on various withdrawal strategies. https://www.amazon.com/gp/product/0997403411/ref=oh_aui_search_detailpage?ie=UTF...
by Sandtrap
Thu Jan 12, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

Allocating assets for investment purposes, or "low-risk holding", and withdrawing the assets for retirement are different subjects. I luckily started putting modest amounts into an IRA when they first came out ~ 40 years ago, and time & compound interest have been my friends. But with...
by Sandtrap
Thu Jan 12, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Trip to Kona, Hawaii - Suggestions
Replies: 44
Views: 2598

Re: Trip to Kona, Hawaii - Suggestions

Aloha! Helicopter ride. Near you. "Blue Hawaii" , the big blue ones, more comfy/quieter. See the entire island, etc, faster, easier than long drives. Hapuna Beach Resort buffet, prime rib/crab night. Super "ono". Kamuela (Waimea), hang out, great Thai restaurant in the older shop...
by Sandtrap
Thu Jan 12, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: $600,000. Now what?
Replies: 55
Views: 9933

Re: $600,000. Now what?

Utilize everything you have to your advantage (you have many): 1 Nail down a long term income stream that will weather the storms to come. Vet points will get you into Gov't/state/fed job with retirement w/COLA and medical. That's a long term foundation to protect everything you've gained thusfar. 2...
by Sandtrap
Thu Jan 12, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 6321

Re: How to politely fire my financial advisor

You Just slip out the back, Jack Make a new plan, Stan You don't need to be coy, Roy Just get yourself free Hop on the bus, Gus You don't need to discuss much Just drop off the key, Lee And get yourself free Agree with the posts above. Initiate the transfer, then say what you feel like you need to ...
by Sandtrap
Thu Jan 12, 2017 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 6321

Re: How to politely fire my financial advisor

Hi Bogleheads, Also medium-time lurker, first time poster. Really enjoyed this thread and it has motivated me to share my story. Will be interested to hear your thoughts. Several years ago I had a 6 digit windfall while in grad school when a close family member died. Being borderline financially il...
by Sandtrap
Thu Jan 12, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to build passive income
Replies: 45
Views: 4287

Re: How to build passive income

The OP has the feel of somebody that has read the numerous "advice" columns on how "millionaires" build wealth by doing these seven things. One of which is, invariably, developing multiple streams of income. That and getting a mentor. But short of that, very little additional in...
by Sandtrap
Thu Jan 12, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

4. Would a 3 fund portfolio such as SWTSX (Schwab total stock market), SWISX (Schwab International), and SWLBX (Schwab total bond index) be a good starting point and for which portfolio? (or Vanguard equiv) . . . . . . Many of Vanguard's mutual funds have an ETF share class, and the mutual fund tak...
by Sandtrap
Thu Jan 12, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

4. Would a 3 fund portfolio such as SWTSX (Schwab total stock market), SWISX (Schwab International), and SWLBX (Schwab total bond index) be a good starting point and for which portfolio? (or Vanguard equiv) SWTSX and SWISX in taxable aren't the most tax efficient as they'll have yearly capital gain...
by Sandtrap
Thu Jan 12, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

Not 100% clear on your situation: is $6K/mo in addition to $2.4K provided by rental income, or inclusive? . . . . . . . Think I'd favor a 50/50 allocation. Why? --More growth potential than more conservative retirement AAs. --It's the "I don't know AA" and splits the difference to answer ...
by Sandtrap
Thu Jan 12, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

With 3-6 million you could do almost anything except gamble it away and you should be fine. I like Dr. Wm Bernstein's approach which is if you have won the "game" (and you have) stop playing. He suggests you take your income needs to supplement any pension/social security/annuity etc. 20 ...
by Sandtrap
Thu Jan 12, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

1 How to create a “pension” portfolio with some of the funds that generates an immediate reliable income stream of approx.. $6k/month with conservative growth potential and min. risk? (Not interested in SPIA) I agree with the general comments to the effect that the expected income is a very small w...
by Sandtrap
Thu Jan 12, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

With your withdrawal rate you are investing for your children's retirement- greater than 50 years I would be 100 percent stocks minus 1-2 years spending in cash - 50/50 US international For homework read through early retirement now website for really long term withdrawal stability Thanks "qwe...
by Sandtrap
Thu Jan 12, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: How to allocate 3-6 million in assets to achieve goals?
Replies: 56
Views: 5822

Re: How to allocate 3-6 million in assets to achieve goals?

3. Does a 50/50 Wellington/Wellesley have a useful role to accomplish these goals? In my opinion, No. The main reason is that these funds are terribly tax inefficient even for someone in the 15% marginal income tax bracket. It appears that you haven't listed any tax-advantaged accounts that would h...

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