Search found 814 matches
- Sat May 21, 2022 9:46 am
- Forum: Personal Finance (Not Investing)
- Topic: Rental real estate in inflationary times
- Replies: 60
- Views: 7725
Re: Rental real estate in inflationary times
I work in this industry - and I would highly recommend to sell. Institutional buyers are still paying top dollars for rental homes, with the increase in rates I don’t see how the current price level is sustainable. That's where my hesitation to sell comes from. Why are they buying? What is it that they know and I don't? The rate increase is known to all and should be "priced in". I wouldn’t overthink it. A lot of asset managers are still sitting on tons of $ which they need to invest - and still much easier to explain to your investors your invested in residential real estate which saw tremendous growth than for example office space. Don’t underestimate the power of recency bias and herd behavior. This is without a doubt an excel...
- Sat May 21, 2022 9:41 am
- Forum: Personal Investments
- Topic: Vanguard Muni funds - can anyone explain the strange price behavior?
- Replies: 33
- Views: 4245
Re: Vanguard Muni funds - can anyone explain the strange price behavior?
I sold intermediate and longterm muni bond funds (VWITX and VWLUX) last year as the exact opposite was happening, i.e. prices literally increasing every day and the yield was no longer attractive to me compared with the risk of falling prices. Over the last 2 weeks I bought VWLUX again, I am very comfortable at this price level / with the current distribution yield. So from my perspective now would be exactly the wrong time to sell them.
- Fri May 20, 2022 4:57 pm
- Forum: Investing - Theory, News & General
- Topic: Dry Powder Holders
- Replies: 22
- Views: 3172
Re: Dry Powder Holders
Total portfolio mid 7 figures, we were over 70% in cash at year-end. No point owning bonds with those rates. Since then invested over 1m in bonds, including BND very recently, before that just individual treasuries / corporates. Very happy about the increase in rates. Similarly in equity, I view certain areas such as small and large cap value and international now as fairly valued and invested 1m or so. Still trading opportunistically into the (at least that’s how I view them) bear market rallies, the volatility is just too great to pass up. Another 5-10% drop on the S&P would make value stocks very attractive and total market probably about “fair”. Any declines lower than that would be gravy and a nice opportunity to essentially lock-i...
- Tue May 17, 2022 7:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: Rental real estate in inflationary times
- Replies: 60
- Views: 7725
Re: Rental real estate in inflationary times
I work in this industry - and I would highly recommend to sell. Institutional buyers are still paying top dollars for rental homes, with the increase in rates I don’t see how the current price level is sustainable.
- Tue May 17, 2022 7:45 pm
- Forum: Personal Finance (Not Investing)
- Topic: High Earners - What's Your Profession?
- Replies: 1217
- Views: 223015
Re: High Earners - What's Your Profession?
CFO at a private SME. Base of $300k plus expected 200k bonus, could be higher depending on results.
- Sun May 15, 2022 7:21 am
- Forum: Personal Finance (Not Investing)
- Topic: Share your Net Worth Regression
- Replies: 350
- Views: 59837
Re: Share your Net Worth Regression
House up 150k or so, investments up close to 100k, had a large purchase of 80k, so net up 170k or so.
- Sat May 14, 2022 2:29 pm
- Forum: Investing - Theory, News & General
- Topic: Do you ever think “is this (drop) the big one”?
- Replies: 66
- Views: 8239
Re: Do you ever think “is this (drop) the big one”?
Short answer: Yes, I think we are in a multi-year correction of growth stocks, similar to 2000/2001. Valuation of value stocks / international stocks looks already reasonable, so any further decreases would make that very attractive entry points.
Practical implications: For the last 2 years or so I have only invested in US Value stocks. I missed the big run up in growth stocks, but that didn‘t bother me one bit as I didn‘t think it would last.
Practical implications: For the last 2 years or so I have only invested in US Value stocks. I missed the big run up in growth stocks, but that didn‘t bother me one bit as I didn‘t think it would last.
- Thu May 12, 2022 1:57 pm
- Forum: Investing - Theory, News & General
- Topic: Lessons from this crash
- Replies: 290
- Views: 34142
Re: Lessons from this crash
Not really a lesson but good to see that valuations still matter and ultimately, even if it takes a VERY long time, valuation come down to earth, which is and will be very painful for a lot of investors.
And then there was the obvious stuff, like owning a total bond fund with a 6 or 7 year duration and a yield in the low 1% is probably not a good idea.
Still ways to go though in this one I would think, so let's see what else shakes out.
And then there was the obvious stuff, like owning a total bond fund with a 6 or 7 year duration and a yield in the low 1% is probably not a good idea.
Still ways to go though in this one I would think, so let's see what else shakes out.
- Thu May 12, 2022 7:29 am
- Forum: Investing - Theory, News & General
- Topic: What a Great Moment to Invest!
- Replies: 133
- Views: 26511
Re: What a Great Moment to Invest!
Not sure about "great" - but I get where you are coming from and agree, investors can finally invest and expect "normal" long term returns, certainly when investing in value stocks (growth stocks have further to fall in my opinion). I was ridiculously heavy in cash coming into this year, I certainly enjoy buying both stocks and bonds at much better valuations.
- Wed May 11, 2022 8:23 pm
- Forum: Investing - Theory, News & General
- Topic: The unmitigated disaster that is International Investing
- Replies: 13
- Views: 1777
Re: The unmitigated disaster that is International Investing
Maybe in the history of the stock market, but not in the history of the average investor…02nz wrote: ↑Wed May 11, 2022 8:14 pmIn the context of the history of the stock market, the U.S. outperformance since 2010 is very much recent.FrugalConservative wrote: ↑Wed May 11, 2022 8:12 pm15 years of zero gains. How exactly does 15 years fit into a recent event?
Even more concerning: It‘s not like earnings and/or dividends have grown significantly and the valuation is depressed. The dividend yield is actually lower now than it was 10 or 15 years ago. This is a story of lack of earnings growth of international companies and therefore lack of share price growth, which should be concerning for everyone investing internationally.
- Wed May 11, 2022 8:04 pm
- Forum: Investing - Theory, News & General
- Topic: The unmitigated disaster that is International Investing
- Replies: 13
- Views: 1777
The unmitigated disaster that is International Investing
Just a shout-out to international investing which continues its incredible poor run. Looking at the Vanguard Total International All World Ex-US ETF (VEU), we are now - 15 years after inception - almost exactly at the same price where it was launched. Dividends only for 15 years. Wow.
- Wed May 11, 2022 4:02 pm
- Forum: Personal Investments
- Topic: Anyone stuck in a bad investment
- Replies: 29
- Views: 2633
Re: Anyone stuck in a bad investment
I bought Citigroup stock in 2005 pre financial crisis in the mid 40s. Citi was viewed like a bond, pays a 4% dividend yield and may move up a little.
Fast forward to spring of 2008, Citi now trades in the 20s. I sold them @ 23.60, realizing a 10k loss.
Today's closing price, 14 years later, was a (stock-split adjusted) 4.76.
Fast forward to spring of 2008, Citi now trades in the 20s. I sold them @ 23.60, realizing a 10k loss.
Today's closing price, 14 years later, was a (stock-split adjusted) 4.76.
- Tue May 10, 2022 7:06 pm
- Forum: Investing - Theory, News & General
- Topic: What changes in asset allocation you're considering?
- Replies: 60
- Views: 4127
Re: What changes in asset allocation you're considering?
I just checked, I was actually 76% cash at 12/31 lol. Didn't realize it was that high. I only keep my year-end spreadsheets, at 12/31 2020 I had 61% in stocks, 7% in bonds and 32% in cash. I don't recommend this for anyone else, but I am very comfortable making big changes to my asset allocation.
- Tue May 10, 2022 5:34 pm
- Forum: Investing - Theory, News & General
- Topic: What changes in asset allocation you're considering?
- Replies: 60
- Views: 4127
Re: What changes in asset allocation you're considering?
I had a very high % of our portfolio in cash (approx 50%) and I enjoying buying bonds and stocks at much cheaper prices.
- Sat May 07, 2022 1:27 pm
- Forum: Personal Investments
- Topic: Anybody dive into the long end of the bond pool yet?
- Replies: 22
- Views: 2479
Re: Anybody dive into the long end of the bond pool yet?
I exited the longterm muni bond fund (VWLUX) a while ago due to valuation concerns, I just put a buy order in for Monday. Price is down over 13% from the max and the lowest it has been in over 20 years with the exception of the financial crisis and a short spell in 2011.
- Fri May 06, 2022 7:33 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your Net Worth Regression
- Replies: 350
- Views: 59837
Re: Share your Net Worth Regression
I don’t usually pay attention to net worth including residence, but after the big up day this week (Wednesday?), my spreadsheet showed 7.0m the first time, so that was pretty cool.
We are up 85k YTD in investment returns and house is up easily 150k.
We are up 85k YTD in investment returns and house is up easily 150k.
- Fri May 06, 2022 2:07 pm
- Forum: Investing - Theory, News & General
- Topic: Diversify with real estate?
- Replies: 14
- Views: 1573
Re: Diversify with real estate?
Short answer, I think now is exactly the wrong time to invest in real estate. Price appreciation (and rent increases) have been insane over the last 18 months and we are clearly in bubble territory. Commercial investors are buying rental communities at sub 4 cap rates which makes no sense at all, especially with borrowing costs having risen 200bp plus.
So I would wait until the inevitable correction and then invest.
(I have fairly significant investments with Fundrise which have done very well over the last 1 1/2 years, however I'm reducing them now for these exact reasons.)
So I would wait until the inevitable correction and then invest.
(I have fairly significant investments with Fundrise which have done very well over the last 1 1/2 years, however I'm reducing them now for these exact reasons.)
- Fri May 06, 2022 2:00 pm
- Forum: Investing - Theory, News & General
- Topic: Buying/selling 1 yr treasury
- Replies: 18
- Views: 2385
Re: Buying/selling 1 yr treasury
When buying individual Treasuries, you lock in an exact return (yield to maturity) if hold them until maturity.
Selling earlier is not an issue, but you may see changes in the price, either up or down.
Selling earlier is not an issue, but you may see changes in the price, either up or down.
- Fri May 06, 2022 12:24 pm
- Forum: Investing - Theory, News & General
- Topic: Different perspective - active trading is working in volatile markets
- Replies: 3
- Views: 338
Different perspective - active trading is working in volatile markets
I know many on this forum will disagree with this, but in volatile markets like we have had them for a while now, it is clear to me that an active trading strategy is working. No options or shorting, simply buying stocks of companies after significant declines and selling after small gains, typically at least 0.50%. I made 658 trades in our IRAs last year and 250 trades this year plus a smaller number of trades in our taxable accounts and on average made just over $20k of monthly gains (tax adjusted for gains in taxable accounts). This is with close to 2m in IRAs and 1m in taxable account. I'm not saying this is necessarily a superior strategy, but the sample size is large enough for me now to realize that this is repeatable as long as mark...
- Fri May 06, 2022 12:13 pm
- Forum: Personal Investments
- Topic: What is your actual - IN REALITY - average annual return?
- Replies: 64
- Views: 8794
Re: What is your actual - IN REALITY - average annual return?
Great and very important question. I started tracking my portfolio returns in 2013 and since then my compounded annual return has been 5.5% as per today. That may sound low, but our portfolio is very conservative given low need to take risk. My benchmark portfolio (10% cash / 40% bonds / 30% US Stocks / 20% Intl Stocks) has a CAGR of 4.0% and a simple Total World Stocks 60% / Bonds 30% / Cash 10% would have had a CAGR of 4.8%. The outperformance is solely due to this year, where my portfolio is performing much better than the benchmark.
- Thu May 05, 2022 9:36 pm
- Forum: Investing - Theory, News & General
- Topic: One-Year CD rate of 1.75% APY
- Replies: 19
- Views: 3488
Re: One-Year CD rate of 1.75% APY
I buy them in my Vanguard brokerage account and my Fidelity IRA. I buy in the secondary market, they are frequently traded. You can also buy through Treasury Direct, but that is probably the worst website in the universe. The fact i have to buy my ibonds there is bad enough. At vanguard, do you do that under "trade stocks and listed securities" or "trade bonds or cds"? those seem like the only two at Vanguard that are relevant. It‘s under Trade Bonds. I don‘t have it up right now and I do it more in my Fidelity IRA, but there should be an option secondary market and then you select between Treasuries, Agencies and Corporate. Within Treasuries you select which one. I only started doing it this year with the increase in r...
- Thu May 05, 2022 9:16 pm
- Forum: Investing - Theory, News & General
- Topic: One-Year CD rate of 1.75% APY
- Replies: 19
- Views: 3488
Re: One-Year CD rate of 1.75% APY
I buy them in my Vanguard brokerage account and my Fidelity IRA. I buy in the secondary market, they are frequently traded.
You can also buy through Treasury Direct, but that is probably the worst website in the universe. The fact i have to buy my ibonds there is bad enough.
You can also buy through Treasury Direct, but that is probably the worst website in the universe. The fact i have to buy my ibonds there is bad enough.
- Thu May 05, 2022 9:06 pm
- Forum: Investing - Theory, News & General
- Topic: One-Year CD rate of 1.75% APY
- Replies: 19
- Views: 3488
Re: One-Year CD rate of 1.75% APY
1 year US Treasuries are yielding over 2%, why would you get a CD for 1.75%?
- Sat Apr 30, 2022 3:37 pm
- Forum: Personal Consumer Issues
- Topic: Warmer Climate Needed. Love to hear from folks who live there
- Replies: 50
- Views: 8205
Re: Warmer Climate Needed. Love to hear from folks who live there
To some folks. . Hawaii, especially where I describe. . is known to be a very "healing place" of several places on the planet. . . to health the spirit and the body and the mind, etc. . . Maybe. . .just to rent a nice place for 6 months or a year. . . just to "be". . . I still remember visiting Hawaii many years ago. Something special about that island life... I live in central NC, near Raleigh. It does have all 4 seasons. During seasonal transitions, the locals constantly joke about the wildly fluctuating weather. Shorts and t-shirt one day, a freeze kills your garden the next, then back to shorts and t-shirt weather. I love living here, just be aware you have to be in South Carolina to escape the snow, or live near Wi...
- Fri Apr 29, 2022 8:54 pm
- Forum: Investing - Theory, News & General
- Topic: What are you up YTD? [Year To Date]
- Replies: 5249
- Views: 900317
Re: What are you up YTD? [Year To Date]
Up 1.5%. What are you investing in??? We have a very unconventional portfolio, fully aware this is not for everyone. Low need to take risk plus I viewed stocks as highly overvalued. - 40% cash - 20% alternative investments (mix across Fundrise real estate investments, private loans, private equity) - 20% US Treasuries, ibonds and a few select corporate bonds which I hold until maturity (no bond funds). Have only started building this over the last 2 months (with the exception of ibonds which I started last year) - Up to 20% in stocks, which I trade frequently in our IRAs. I know day trading sounds horrible, but for the last 2 years the volatility has been so crazy it seemed stupid not to take advantage of it. Will deploy more cash should r...
- Fri Apr 29, 2022 5:33 pm
- Forum: Investing - Theory, News & General
- Topic: What are you up YTD? [Year To Date]
- Replies: 5249
- Views: 900317
- Sat Apr 16, 2022 4:08 pm
- Forum: Personal Investments
- Topic: Fundrise Review?
- Replies: 44
- Views: 8180
Re: Fundrise Review?
Started investing 1.5 years ago. Very impressed so far. Frequent and open communication. I like them so much that I invested some $ to buy their pre IPO shares as well (up 30% since I bought them and admittedly a very illiquid and risky investment).
- Mon Apr 11, 2022 9:34 pm
- Forum: Investing - Theory, News & General
- Topic: Jeremy Grantham (Jan 26, 2022) being asked a lot of tough questions about his super bubble call...
- Replies: 601
- Views: 72305
Re: Jeremy Grantham (Jan 26, 2022) being asked a lot of tough questions about his super bubble call...
On a personal level, I find a lot of these comments pretty sad to read. Of course Grantham has been wrong with some of his predictions (but following him for years I‘m fairly certain he is more right than wrong), but to just dismiss him as a guy who wants to sell you something and have zero intellectual curiosity to actually read his newsletters and think about topics he raises is not a sign of a great boglehead - it’s just ignorant.
- Mon Apr 11, 2022 7:56 pm
- Forum: Investing - Theory, News & General
- Topic: Why buy Bond ETF/Fund?
- Replies: 43
- Views: 4371
Re: Why buy Bond ETF/Fund?
To put some real numbers behind this discussion, I had 150k in BND in my 401k which I sold last summer for 86.45. The price is now over 10% lower. Bogleheads are probably aware of the impact of interest rate changes on the value of bonds, but pretty sure the average investor doesn‘t expect to lose 10% in a diversified bond investment.
- Mon Apr 11, 2022 4:47 pm
- Forum: Investing - Theory, News & General
- Topic: Why buy Bond ETF/Fund?
- Replies: 43
- Views: 4371
Re: Why buy Bond ETF/Fund?
[/quote] To borrow from a post by Vineviz, with a bond fund with an average duration of 6.8 years... If your investment horizon is less than 6.8 years then you're holding the wrong bond fund. If your investment horizon is more than 6.8 years you should be cheering for additional drops in NAV. If your investment horizon is exactly 6.8 years, you should be indifferent to drops in NAV. [/quote] That is spot on. My investment horizon is most definitely not 6.8 years when bond yields were at record lows a couple of months ago. And thanks for all the responses btw, there of course benefits of holding a diversified bond fund. I guess my question should have been more precisely "when yield are at record lows like they were a couple of month ag...
- Mon Apr 11, 2022 9:02 am
- Forum: Investing - Theory, News & General
- Topic: Why buy Bond ETF/Fund?
- Replies: 43
- Views: 4371
Why buy Bond ETF/Fund?
I only recently discovered how easy it is to buy bonds directly in my Fidelity or Vanguard brokerage accounts and have started to buy US Treasuries with different maturities. I'm curious why anyone would invest in a broad bond ETF/Fund like BND and take the risk of capital losses?
I understand BND provides exposure beyond US Treasuries, but just seems to take on a lot of risk for very little extra return.
I understand BND provides exposure beyond US Treasuries, but just seems to take on a lot of risk for very little extra return.
- Wed Mar 23, 2022 7:32 am
- Forum: Investing - Theory, News & General
- Topic: buying Tbills
- Replies: 63
- Views: 8548
Re: buying Tbills
Awesome, thanks.PersonalFinanceJam wrote: ↑Wed Mar 23, 2022 7:15 amI think the screenshots and flow from this article are still relevant for Vanguard. The finance buff shows how to buy treasuries at auction from Vanguard and Fidelity
https://thefinancebuff.com/treasury-bi ... arket.html
- Wed Mar 23, 2022 7:14 am
- Forum: Investing - Theory, News & General
- Topic: buying Tbills
- Replies: 63
- Views: 8548
Re: buying Tbills
Got it, thanks both.
- Wed Mar 23, 2022 6:08 am
- Forum: Investing - Theory, News & General
- Topic: buying Tbills
- Replies: 63
- Views: 8548
Re: buying Tbills
Dumb question, but how do you buy Tbills with Vanguard: I have a brokerage account and a mutual fund account.
thanks
thanks
- Tue Mar 22, 2022 7:43 pm
- Forum: Investing - Theory, News & General
- Topic: time to get back into total bond?
- Replies: 53
- Views: 7680
Re: time to get back into total bond?
Yes. I sold BND when it traded around 84 and then again 86. I started adding again this week.
- Sun Sep 05, 2021 6:05 pm
- Forum: Personal Investments
- Topic: Low need to take risk - low allocation to stocks
- Replies: 39
- Views: 4546
Re: Low need to take risk - low allocation to stocks
Thanks Bob. We are already doing the 20k annual max in I- bonds exactly for the reasons you outlined. Interesting point about the living trust, I’ll look into that.
- Sun Sep 05, 2021 3:28 pm
- Forum: Personal Investments
- Topic: Low need to take risk - low allocation to stocks
- Replies: 39
- Views: 4546
Re: Low need to take risk - low allocation to stocks
I agree with the comments that changing ones asset allocation based on valuation is a slippery slope. It‘s a discussion for another day and I don‘t want it to distract for the main point of reducing one‘s allocation to risky assets when the required rate of returns becomes low. I think my main reason for reducing the allocation to stocks is that the upside is limited, whereas the downside is real. We are essential financially independent now and we wouldn‘t change our lifestyle if we had 8, 9 or 10m. On the other hand, if we had 60% in stocks and „lost“ 50% of that or 1.7m, that would put financial independence out of reach again for some time. Emotionally I don’t think I would have a very difficult time with that, it’s more a case of why r...
- Sun Sep 05, 2021 12:26 pm
- Forum: Personal Investments
- Topic: Low need to take risk - low allocation to stocks
- Replies: 39
- Views: 4546
Re: Low need to take risk - low allocation to stocks
Thanks for all the thoughtful responses. I agree that I shouldn‘t decrease my allocation to stocks any more and have no plans in doing so. We have another 5-7% in real estate and private equity investments, so total “risky assets“ are around 30%.
I also need to add that our low allocation to stocks is also driven by what I view as excessive valuations. Should we see a significant correction, I would have no problem to increase our allocation to stocks to 50% or so, but probably not beyond that.
I also need to add that our low allocation to stocks is also driven by what I view as excessive valuations. Should we see a significant correction, I would have no problem to increase our allocation to stocks to 50% or so, but probably not beyond that.
- Sun Sep 05, 2021 11:27 am
- Forum: Personal Investments
- Topic: Low need to take risk - low allocation to stocks
- Replies: 39
- Views: 4546
Low need to take risk - low allocation to stocks
The last few years have been very good for us financially. Our net worth crossed the 6m mark this year and investable assets are 5.7m. We are in our late 40s, one child in middle school. We significantly decreased our allocation to stocks to around 20-25% given the low need to take risk, is anyone else in a similar situation doing the same? Just seems to me that everyone on this site has 60%, 70% or more allocated to stocks.
Thanks
Thanks
- Sat Jun 12, 2021 8:41 am
- Forum: Personal Finance (Not Investing)
- Topic: If your net worth is over $3 million, how did you do it?
- Replies: 913
- Views: 239060
Re: If your net worth is over $3 million, how did you do it?
#1, 2 and 3: Married well.
Naturally I'm tracking our net worth in a spreadsheet , we crossed $5m last year and exceeded $6m this year. Reached $1m 15 years ago.
My wife (and her parents) were smart enough to invest in real estate when she left college - not huge amounts of money, but gave us the first $200-300k to keep investing. We both had well earning jobs until several years ago when my wife quit and I took on significant "career risk" a few years ago which paid out handsomely.
The power of compounding is truly astonishing: It took us 15 years to get to $3m - the next 3m took only 5 years.
Also interesting when I look at our portfolio that 1/3 is from capital gains.
Naturally I'm tracking our net worth in a spreadsheet , we crossed $5m last year and exceeded $6m this year. Reached $1m 15 years ago.
My wife (and her parents) were smart enough to invest in real estate when she left college - not huge amounts of money, but gave us the first $200-300k to keep investing. We both had well earning jobs until several years ago when my wife quit and I took on significant "career risk" a few years ago which paid out handsomely.
The power of compounding is truly astonishing: It took us 15 years to get to $3m - the next 3m took only 5 years.
Also interesting when I look at our portfolio that 1/3 is from capital gains.
- Fri Jan 08, 2021 7:41 pm
- Forum: Investing - Theory, News & General
- Topic: What is the "Quit when you won the game" portfolio?
- Replies: 177
- Views: 22776
Re: What is the "Quit when you won the game" portfolio?
We have been 30-40% stocks for several years now due to low need to take risk. Mid 7 figure portfolio. Late 40s. I’m happy to invest more in stocks when I see attractive opportunities (think last spring), but generally this seems to be our sweet spot. Couldn’t care less if other make gazillions investing in tech stocks.
(I don’t understand the obsession with bonds at the current yield levels, we sold most of our bonds last year, bought some CDs and hold a lot of cash right now, waiting for better investment opportunities.)
(I don’t understand the obsession with bonds at the current yield levels, we sold most of our bonds last year, bought some CDs and hold a lot of cash right now, waiting for better investment opportunities.)
- Sat Jan 02, 2021 2:02 pm
- Forum: Personal Investments
- Topic: Where To Invest Significant Windfall Now?
- Replies: 10
- Views: 1325
Re: Where To Invest Significant Windfall Now?
I can tell you what I do, knowing this is not exactly bogleheads style... - We have a low need to take risk with mid 7 seven figure portfolio and usually don’t have more than 40% / 45% in stocks - Due to concerns about the TSLAs of the world, I hold our stock in value type ETFs (SPYV or VBR for example). - With bond yields so low, we have a lot of cash - In times of steep market losses like last spring, I’m happy to increase my allocation to stocks to 60 or 70% with the goal of reducing back to 40-45% when markets recover. That style has worked well for me over the years, I’m just no the type who can just buy the market and forget about it. It sounds like you “won the game” so at a minimum I would reduce your exposure to stocks, hold a lot ...
- Sat Jan 02, 2021 8:16 am
- Forum: Personal Consumer Issues
- Topic: How to watch winter sports on TV/online?
- Replies: 0
- Views: 229
How to watch winter sports on TV/online?
I'm a big fan of all the winter sports (skiing, cross country, ski jumping, biathlon etc), but I'm struggling to find a way to watch the races on TV and/or online. We have a youtube TV subscription, which has very limited races. Peacock is great, unfortunately they will simply provide the live feed without any commentary...
any recommendations?
thanks
any recommendations?
thanks
- Fri Jan 01, 2021 6:27 pm
- Forum: Personal Investments
- Topic: Self Directed IRA for real estate financing
- Replies: 8
- Views: 1409
Re: Self Directed IRA for real estate financing
Thanks for the responses. I did some more research and and it can be done fairly cheaply, certainly cheaply compared with my tax savings.
I will go ahead with it, will be happy to report here about my experience.
Also just clarify, I’m not doing the flips and nor am I lending to an affiliated person or corporation.
I will go ahead with it, will be happy to report here about my experience.
Also just clarify, I’m not doing the flips and nor am I lending to an affiliated person or corporation.
- Fri Jan 01, 2021 6:22 pm
- Forum: Personal Investments
- Topic: How many reached FI goal in 2020?
- Replies: 62
- Views: 5473
Re: How many reached FI goal in 2020?
We reached our goal this year as well, in late 40s.
Will keep working, but certainly nice to know I don’t necessarily have to.
Congrats!
Will keep working, but certainly nice to know I don’t necessarily have to.
Congrats!
- Thu Dec 31, 2020 8:53 am
- Forum: Personal Investments
- Topic: Self Directed IRA for real estate financing
- Replies: 8
- Views: 1409
Self Directed IRA for real estate financing
I have been providing financing for real estate flips for several years. These are high interest rate loans, typically running 4-6 months, secured by the underlying property. I would love to do this from a self directed IRA to avoid paying taxes on the high interest rate loans.
Does anybody have any experience with this?
thanks
Does anybody have any experience with this?
thanks
- Thu Dec 31, 2020 8:42 am
- Forum: Personal Investments
- Topic: How to get higher returns with secured loans
- Replies: 53
- Views: 4267
Re: How to get higher returns with secured loans
Thanks Abe for taking the time and providing all this detail. I can certainly see how this generates an attractive income stream.
In our own experience, we have been very successful in providing short term loans to finance house flips. Attractive interest rate and loan is secured by property. We are on Nr. 17 now and never had any issues.
In our own experience, we have been very successful in providing short term loans to finance house flips. Attractive interest rate and loan is secured by property. We are on Nr. 17 now and never had any issues.
- Wed Dec 30, 2020 7:29 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072496
Re: Share your net worth progression
Late 40s, HHI typically in the 600-700ks.smby wrote: ↑Wed Dec 30, 2020 7:20 pmThank you for sharing the progression....i guess we all get conservative as we get older. What age and HHI are you in? Simillar NW as yours so am curiousge1 wrote: ↑Wed Dec 30, 2020 5:40 pm We have a very conservative portfolio due to low need to task risk, hardly ever more than 40% stocks with a lot in cash. Average return since 2004 is 5.5%.
Annual savings have been consistently over 200k in the last 7 or 8 years, this year is over 300k with an additional 800k to come early next year due to a specific situation at my company.
We have been very lucky and blessed.
- Wed Dec 30, 2020 5:40 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072496
Re: Share your net worth progression
We have a very conservative portfolio due to low need to task risk, hardly ever more than 40% stocks with a lot in cash. Average return since 2004 is 5.5%.
Annual savings have been consistently over 200k in the last 7 or 8 years, this year is over 300k with an additional 800k to come early next year due to a specific situation at my company.
We have been very lucky and blessed.
Annual savings have been consistently over 200k in the last 7 or 8 years, this year is over 300k with an additional 800k to come early next year due to a specific situation at my company.
We have been very lucky and blessed.
- Tue Dec 29, 2020 7:23 pm
- Forum: Personal Finance (Not Investing)
- Topic: What did you spend in 2020?
- Replies: 204
- Views: 16059
Re: What did you spend in 2020?
Approx 240k. Excluding taxes.