Search found 1186 matches

by Sandtrap
Wed Apr 12, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 9438

Re: Extreme Frugality vs Living Life - Where do you draw the line?

I would like to know the opinions of the fellow BHs on this matter. Let me give you some examples of my family 1. My Dad - Lived very frugally, owned his business, saved more than enough for retirement and died of sudden heart attack at 62 yrs of age. Mom has a lot of money but can't spend it now b...
by Sandtrap
Tue Apr 11, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable living trust via online software
Replies: 13
Views: 1082

Re: Revocable living trust via online software

The true test of a well done trust/will is not when things go well, it's when thing's go horribly wrong (disputes, conflicts, etc) and/or substantial wealth is involved. Only at those times will a well done trust/will hold water. There are no "test runs".
by Sandtrap
Tue Apr 11, 2017 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 9438

Re: Extreme Frugality vs Living Life - Where do you draw the line?

So, my question is where do you draw the line and decide that is my frugality stopping me from living. Does the 'high' I get from seeing my net worth grow stop me from living life? That you get a high from that is a problem. It is a tool, a means to an end, and you have let it become an end in and ...
by Sandtrap
Tue Apr 11, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable living trust via online software
Replies: 13
Views: 1082

Re: Revocable living trust via online software

Foretrust software, download a trial version, no charge. If anything, it will give you a stronger idea of the exact provisions you need or don't need or need to modify. An estate lawyer can only construct what you have in mind. By working with a format specific to state and location, you will have a...
by Sandtrap
Tue Apr 11, 2017 1:59 pm
Forum: Personal Consumer Issues
Topic: Prewiring house for tv and internet. Worth it?
Replies: 65
Views: 4692

Re: Prewiring house for tv and internet. Worth it?

If wired to at least key locations, ie: each floor, with Cat6 then at least you have the option of putting in secondary wireless routers for more access points and better internet signal.
by Sandtrap
Tue Apr 11, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Buying CD through brokerage
Replies: 17
Views: 1333

Re: Buying CD through brokerage

Is there a fee to purchase a CD at Vanguard or Schwab?

Isn't it a disadvantage if the interest is not compounded?

Therefore the CD rate is actually less than when purchased equiv. at a bank?
by Sandtrap
Tue Apr 11, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 9438

Re: Extreme Frugality vs Living Life - Where do you draw the line?

IMHO and long term experience. "Extreme frugality" is relative and for many, a necessity, with absolutely no choice as a means of survival. IMHO simply being able to choose between "frugality" levels and "living life" levels is a luxury for those with an income stream a...
by Sandtrap
Tue Apr 11, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: When to slow down.
Replies: 33
Views: 5661

Re: When to slow down.

In one path, one has the passion and drive and perhaps, ruthless ambition, to pursue a big dream, a huge goal, with passion and fervor. For those that choose that particular path, life is not defined by hours per week put into work, time off and paid leave earned, nor paid vacations due. Think, &qu...
by Sandtrap
Mon Apr 10, 2017 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Selling my condo with owner financing?
Replies: 24
Views: 1822

Re: Selling my condo with owner financing?

Avoid. Keep it simple. lower the price as needed.
by Sandtrap
Mon Apr 10, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Need suggestions to invest 50K.
Replies: 10
Views: 1060

Re: Need suggestions to invest 50K.

50k needed in 5 years = 5 year CD
by Sandtrap
Mon Apr 10, 2017 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Is a brokerage new issue CD FDIC insured?
Replies: 3
Views: 444

Is a brokerage new issue CD FDIC insured?

I have always bought CD's direct from the banks. (old fashioned). I now have a trust account at both Vanguard and Schwab. Question: If I purchase "new issue" CD's through the brokerage, are they FDIC insured as if purchased from the bank? Reason for not getting direct is that some institut...
by Sandtrap
Mon Apr 10, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Simulator For Tracking
Replies: 6
Views: 469

Re: Portfolio Simulator For Tracking

zuma wrote:For iPhone/iPad:

http://www.iportfoliotrader.com/


Will this work on a MacBook Pro or is there another App for that?
thanks
by Sandtrap
Mon Apr 10, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: What fund to choose for young investor?
Replies: 19
Views: 1735

Re: What fund to choose for young investor?

VBIAX Vanguard Balanced Index :happy
by Sandtrap
Mon Apr 10, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else own balanced index fund? [vbinx]
Replies: 26
Views: 3675

Re: Anyone else own balanced index fund? [vbinx]

VBIAX Balanced Index Admiral 20%
Wellesley Income Fund Admiral 30%
Vanguard Retirement Income Fund 50%
Sleep Factor = 100% :happy
by Sandtrap
Mon Apr 10, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: When to slow down.
Replies: 33
Views: 5661

Re: When to slow down.

I know at first I thought this post was going to end with a "just joking" but apparently if you're not working yourself to death you're in trouble! Construction is a cyclical industry, poster Sandtrap has been around long enough to know it's a feast or famine type of business. No bank is ...
by Sandtrap
Mon Apr 10, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Handling the Details of a Large Inheritance
Replies: 54
Views: 5000

Re: Handling the Details of a Large Inheritance

Your earning potential right now is the most valuable asset you have. You have been given an amazing gift/opportunity, but you should think long & hard about living off of the $1.6MM. There are plenty of jobs/careers that are fulfilling that would allow you to take care of your living expenses ...
by Sandtrap
Sun Apr 09, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: Best take it everywhere camera
Replies: 102
Views: 9894

Re: Best take it everywhere camera

I'm looking at cameras with 1" sensors for an upcoming Alaska cruise. Don't want to hassle with DLSR and a bunch of lenses. Thinking about the SonyRx10iii, which is weather sealed and has a 24-600mm equivalent zoom. Awfully expensive, though ($1498). The Panasonic FZ1000 is my fall back option...
by Sandtrap
Sun Apr 09, 2017 10:38 pm
Forum: Personal Consumer Issues
Topic: Backyard shed, wood or plastic?
Replies: 31
Views: 3227

Re: Backyard shed, wood or "plastic"?

$1000 can buy a lot of 2x4's and plywood siding and OSB and roofing shingles. Post and pier construction. Concrete pier/base blocks. If you want to DIY from scratch. Otherwise, steel.
by Sandtrap
Sun Apr 09, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: My 72 year old father is looking for advice on where to park ~$300K
Replies: 22
Views: 3383

Re: My 72 year old father is looking for advice on where to park ~$300K

Ron wrote:
Sandtrap wrote:SPIA "Single Payer Immediate Annuity" not variable.

Actually, it stands for Single Premium Immediate Annuity (and yes, I have one - works well for my situation :mrgreen: )...

- Ron

:oops: senior moment
by Sandtrap
Sun Apr 09, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable Living Trust.....Listing of Assets
Replies: 7
Views: 974

Re: Revocable Living Trust.....Listing of Assets

No need to keep it current. Mine lists $10 with a $10 bill stapled to Schedule A. Gill +1 As long as the assets are titled properly and the trust is "funded". The "list" is for your convenience and also for the successor trustee. For multiple and complex assets, the successor tr...
by Sandtrap
Sun Apr 09, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Cold weather family summer vacation ideas
Replies: 32
Views: 2805

Re: Cold weather family summer vacation ideas

Hapuna Beach Resort on the Big Island of Hawaii.
VRBO vacation rental, Kamuela (mountain town), on the Big Island of Hawaii
by Sandtrap
Sun Apr 09, 2017 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Buying high yielding Bonds 5-10%
Replies: 21
Views: 2120

Re: Buying high yielding Bonds 5-10%

AFAIK, IMHO, Traditionally, "Boglehead" basics pursue "high yield" (risk/return) on the equity side vs bonds. And, bonds to mitigate risk.
IE:
Vanguard Balanced Index at 60/40 eq/bond.
2 fund, Total Stock 70% / Total Bond 30%
by Sandtrap
Sun Apr 09, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: When to slow down.
Replies: 33
Views: 5661

Re: When to slow down.

Also started in construction. Then worked up to my own company, Gen Cont, then R/E developer. Don't "slow down" until you have 3 years of income in emergency funds ($300k), purchased a home in cash, and have a Boglehead portfolio to be proud of that is well on it's way to 25X. Start a 401k...
by Sandtrap
Sun Apr 09, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds for emergency cash
Replies: 14
Views: 2099

Re: Vanguard funds for emergency cash

CD, High Yield Bank Account, Money Market account, cash.
by Sandtrap
Sun Apr 09, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: Buy a new honda or continue with old one
Replies: 33
Views: 3507

Re: Buy a new honda or continue with old one

finite_difference wrote:At ~12 years old and 210,000 miles you have my blessing to buy a new Honda. :sharebeer

+1
Accord,Civic.
by Sandtrap
Sun Apr 09, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Target retirement income fund - anyone have?
Replies: 7
Views: 1464

Re: Target retirement income fund - anyone have?

Yes.20/80 allocation for Target Retirement. Also Wellesley income fund. Admiral Shares.
by Sandtrap
Sat Apr 08, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: How to get out of ACA limbo situation?
Replies: 12
Views: 1244

Re: How to get out of ACA limbo situation?

DW and I have 2 years of limbo temporarily solved with ACA Blue Cross Blue Shield Arizona . . . through the "exchange". . purchased within the mandatory purchase "window" . . . .choice of one. . . . .
by Sandtrap
Sat Apr 08, 2017 9:16 am
Forum: Personal Consumer Issues
Topic: Top tape measures
Replies: 30
Views: 2115

Re: Top tape measures

+1 on the Stanleys. My favorite tape. I prefer the regular ones (not fatmax), they are contractor grade. The return is so smooth, those cheap ones will snap back so fast and pinch your fingers. Should be magnetic, the tape itself is a thin gauge steel. +1 on the +1. Been using Stanley PowerLock for...
by Sandtrap
Sat Apr 08, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Two fund allocation?
Replies: 11
Views: 1649

Re: Two fund allocation?

radiowave wrote:+1 on VTI over VOO

+1
by Sandtrap
Fri Apr 07, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: How much did your roof cost?
Replies: 47
Views: 7948

Re: How much did your roof cost?

Architectural concrete roofing tiles. Lifetime. Big big bucks. :shock:
by Sandtrap
Fri Apr 07, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: HVAC H-E-L-P! Water leaking from intake (return)
Replies: 12
Views: 780

Re: HVAC H-E-L-P! Water leaking from intake (return)

Check condensate drain line for leaks. Check secondary condensate drain line for leaks. Check safety catch pan/tray under the condenser unit. Check condensate line output fittings that go into the condensate drain pan. Check around air handler/ac unit for plugs to drain line output. Check slope of t...
by Sandtrap
Fri Apr 07, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: one last stupid question [What are "cash equivalents"?]
Replies: 44
Views: 4481

Re: one last stupid question

There are no dumb and no stupid questions.
You are in the right place.
Ask away.
by Sandtrap
Fri Apr 07, 2017 2:53 pm
Forum: Investing - Theory, News & General
Topic: one last stupid question [What are "cash equivalents"?]
Replies: 44
Views: 4481

Re: one last stupid question

rkhusky wrote:You could have multiple buckets - a couple years worth in cash and CD's, a couple years worth in short/mid term bonds, and a couple years worth in intermediate bonds.

+1
by Sandtrap
Fri Apr 07, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Are there stipulations to buying and selling index funds?
Replies: 4
Views: 468

Re: Are there stipulations to buying and selling index funds?

Schwab will deduct up to 2% for a early redemption fee. There will be no warning when you on on the webpage to "sell". The transaction will go through and the fee will be deducted from your account. Vanguard has a "pop up window" that gives a warning. I called Schwab about this a...
by Sandtrap
Fri Apr 07, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Top tape measures
Replies: 30
Views: 2115

Re: Top tape measures

stanley contractors 25 foot, "contractor grade" all yellow. take clip off and it fits in standard carpenter's tool bag nicely. Blade is stiffer, tip/hook section is stronger, retracts well and not whimpy. Have bought the same one for 4 decades as a working carpenter. If not that one, or ca...
by Sandtrap
Thu Apr 06, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: best place to keep $20k for 2 years
Replies: 20
Views: 2460

Re: best place to keep $20k for 2 years

sergeant wrote:A 24 month CD.

+1
by Sandtrap
Thu Apr 06, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Amazon Fire HD 10" tablet
Replies: 8
Views: 930

Re: Amazon Fire HD 10" tablet

Yes.Get it. No Ads option.
by Sandtrap
Thu Apr 06, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: How many financial secrets?
Replies: 58
Views: 6026

Re: How many financial secrets?

Zero. DW and I = Circle of Trust :happy
by Sandtrap
Thu Apr 06, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Packing cubes for travel
Replies: 60
Views: 4651

Re: Packing cubes for travel

Yes. Inexpensive sets of various sizes can be found online. Try it. :happy
by Sandtrap
Thu Apr 06, 2017 8:48 am
Forum: Personal Consumer Issues
Topic: How best to handle disrespectful employee?
Replies: 40
Views: 3903

Re: How best to handle disrespectful employee?

As a business owner and employer (no other "bosses"), I have zero tolerance for disrespect/ego (traditional definition) and bullying. A business out of harmony benefits nobody. Thus, the Letter: . . . . , "we regret to inform you that the demand of your position have changed. The exis...
by Sandtrap
Thu Apr 06, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: can you safely view BND as equivalent to saving?
Replies: 13
Views: 1261

Re: can you safely view BND as equivalent to saving?

No. I don't. Savings = FDIC insured bank issued CD, etc. Savings = security of principal.
by Sandtrap
Wed Apr 05, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Enjoying the journey to retirement
Replies: 23
Views: 2582

Re: Enjoying the journey to retirement

I am planning to visit several different areas of the country to decide if we want to move or stay put. There is one community in particular that has intrigued me for a couple years that I am looking forward to visiting soon. Great plan. DW and I did it based on HCOL to LCOL. Took trips over the pa...
by Sandtrap
Wed Apr 05, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Why are the Vanguard Target Retirement Funds so heavily invested in International
Replies: 24
Views: 3542

Re: Why are the Vanguard Target Retirement Funds so heavily invested in International

Wellesley Income Fund, Balanced Index, Target Retirement. Not heavily International. Just enough.
IMHO great sleep factor. "Bogle" basics.
by Sandtrap
Wed Apr 05, 2017 1:25 pm
Forum: Personal Consumer Issues
Topic: New Tires for 2013 Mazda 3
Replies: 16
Views: 1181

Re: New Tires for 2013 Mazda 3

William4u wrote:Michelin Defender, hands down, is the best value for the money. It costs a little more up front, but they last about twice as long as many other tires (90k according to Consumer Reports).

+1
outstanding tire, lasts forever, quiet, very very stable.
well worth the money in the long run.
by Sandtrap
Wed Apr 05, 2017 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a remodel
Replies: 13
Views: 737

Re: Financing a remodel

Many times in the past over the decades, DW and I have set money aside per month, per year, until there was enough to pay for things like this in cash. YMMV. One option amongst many. :happy
by Sandtrap
Wed Apr 05, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Lending a scooter to a friend for 3 months
Replies: 19
Views: 1856

Re: Lending a scooter to a friend for 3 months

I would pay the fees and sell the scooter. Peace of mind is worth the transfer fees. IMHO. AFAIK. YMMV.