Search found 94 matches

by ensign
Thu Mar 25, 2021 8:32 pm
Forum: Personal Consumer Issues
Topic: Should I get termite inspection?
Replies: 7
Views: 616

Re: Should I get termite inspection?

Another question, I trust bogleheads more than general google and I am brand new to home buying. We are getting almost brand new, 8 year hold house in up state New York area. How common are termites in here? The temperatures during winter went down to 0F. Should I get an inspection for an 8 year ol...
by ensign
Mon Mar 22, 2021 9:53 am
Forum: Personal Consumer Issues
Topic: What is the BEST thing you spent money on?
Replies: 240
Views: 22673

Re: What is the BEST thing you spent money on?

Greens fees. Paying $20 to spend 4-5 hours walking at a brisk pace with friends and playing the game we all love is priceless! Riding in carts doesn’t cut it with my group.
by ensign
Sat Mar 20, 2021 9:09 pm
Forum: Investing - Theory, News & General
Topic: Why can't we have another 20 years of bull market?
Replies: 224
Views: 17891

Re: Why can't we have another 20 years of bull market?

OP, Yes, we could. Vice versa, we could have 20 years of bear market too. So, why does any of this matters? It does not. The only relevant question is are you prepared? A) If we have 20 years of bull market, you will be fine. B) If we have 20 years of bear market, you are fine too. If you are prepa...
by ensign
Thu Mar 18, 2021 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Would you sell or rent out this house?
Replies: 25
Views: 1334

Re: Would you sell or rent out this house?

Folks, I (along with two siblings) inherited a home. We are debating whether to sell it or rent it out. Here are the details: -Realtor estimates the home could sell for between $230,000 and $300,000 (a big range, I know, but some of that is because it’s an odd property, zoned for light commercial, ...
by ensign
Tue Mar 16, 2021 8:03 am
Forum: Investing - Theory, News & General
Topic: Does it feel bubbly to you?
Replies: 214
Views: 15642

Re: Does it feel bubbly to you?

grettman wrote: Mon Mar 15, 2021 4:19 pmNope.
Yep.
by ensign
Sun Mar 07, 2021 10:30 am
Forum: Personal Finance (Not Investing)
Topic: How quickly did you receive your 2020 tax refund?
Replies: 126
Views: 10398

Re: How quickly did you receive your 2020 tax refund?

If you have filed your 2020 federal tax return, with a refund due, how quickly did the IRS process it? For us • Return e-filed on TurboTax and accepted: 02/20/2021 • Refund received (direct deposit): still being processed as of 3/6/2021 (https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp) Thi...
by ensign
Sun Mar 07, 2021 10:22 am
Forum: Personal Consumer Issues
Topic: What are your alternatives to big name brands, like Amazon?
Replies: 72
Views: 4974

Re: What are your alternatives to big name brands, like Amazon?

We didn't renew Prime and honestly don't miss it. With the Target debit card (they also have a credit version with no fee) you get 5% off at Target and free shipping. They are easier for essentials, and I especially appreciate how you don't have to wade through a ton of suspect/potentially counterf...
by ensign
Fri Mar 05, 2021 8:59 am
Forum: Non-US Investing
Topic: Non US Investing: Should we put 5% of port in Bitcoin?
Replies: 86
Views: 7391

Re: Non US Investing: Should we put 5% of port in Bitcoin?

https://youtu.be/Zz6RK361Gxo The above video is an excellent argument in favor of old seasoned retired investors like us buying and holding perhaps 5% of port in bitcoin. I'd like to know what other veteran non-USA investors think about it. If you asked me about my opinion regarding Bitcoin before ...
by ensign
Fri Mar 05, 2021 8:56 am
Forum: Personal Consumer Issues
Topic: Wi-Fi TV - complexity and savings
Replies: 65
Views: 5413

Re: Wi-Fi TV - complexity and savings

Wifi TVs. like ROku work great. Just make sure you have a decent signal in that area of the house. If not, get a Google wifi and it'll take care of it. I can heartily recommend smart wifi TVs. All the benefits, none the drawbacks. There is one major drawback: Having to scroll through each app to fi...
by ensign
Fri Mar 05, 2021 8:47 am
Forum: Personal Investments
Topic: Question from a retired friend
Replies: 13
Views: 2018

Re: Question from a retired friend

I have a friend who recently retired. He has a large enough dividend based portfolio (yield 3.2%) that produces enough dividend and dividend growth that he may never need to worry in retirement.    Would it make sense for him to switch over to an index fund like VOO and have to face the up and down...
by ensign
Tue Mar 02, 2021 9:41 pm
Forum: Investing - Theory, News & General
Topic: How crazy is it to hold 100% equities until retirement? (ERN)
Replies: 540
Views: 21833

Re: How crazy is it to hold 100% equities until retirement? (ERN)

Tamalak wrote: Tue Mar 02, 2021 11:38 am Not crazy. Domestic PE is like 25 right now, during covid.
It’s 35, over twice the mean.
by ensign
Tue Mar 02, 2021 9:37 pm
Forum: Investing - Theory, News & General
Topic: Does anyone have "fun" ETFs?
Replies: 62
Views: 3432

Re: Does anyone have "fun" ETFs?

SrGrumpy wrote: Tue Mar 02, 2021 10:13 am Does anyone have some fun money in such ETFs, maybe HERO rival NERD (up 130%)? Or even UFO (up 25% about the same as the S&P)?
No.
by ensign
Thu Feb 25, 2021 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Best decision(s) in your financial life
Replies: 167
Views: 13360

Re: Best decision(s) in your financial life

Helping my son with college expenses (he was a Division I athlete so got some scholarship money) so he graduated debt free. And more recently opening 529s for his two sons. Giving is much more fulfilling than receiving.
by ensign
Thu Feb 25, 2021 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Best decision(s) in your financial life
Replies: 167
Views: 13360

Re: Best decision(s) in your financial life

Marseille07 wrote: Tue Feb 23, 2021 4:06 pm To get rid of bonds from my Boglehead AA.
:sharebeer
by ensign
Wed Feb 24, 2021 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Prepaying Mortgage Aggressively (Ramsey approach) vs. Investing
Replies: 140
Views: 10968

Re: Prepaying Mortgage Aggressively (Ramsey approach) vs. Investing

drgenefish wrote: Wed Feb 24, 2021 4:14 pm imo he's a genius and there's a lot of nuance beyond just feeling safer with the mortgage being paid off.
Ramsey is many things. Genius ain’t one of them.
by ensign
Tue Feb 23, 2021 3:33 pm
Forum: Personal Investments
Topic: 529s for kids - separate accounts for parent and grandparent?
Replies: 1
Views: 249

529s for kids - separate accounts for parent and grandparent?

I have a question I hope BH experts can weigh in on. I have been contributing to a 529 for my grandson for a few years. My son (the father) also wants to contribute now to his child’s education. Should he add to my existing account or open a new one? Other than better funds tracking with separate ac...
by ensign
Mon Feb 22, 2021 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12385

Re: Fidelity 2% Credit Card: Update on Any Issues or Experiences

I’ve had it since its inception. Highly recommend.
by ensign
Mon Feb 22, 2021 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Landlord Question??
Replies: 25
Views: 1977

Re: Landlord Question??

I'm a landlord. $100-$200 of increased rent is not worth trading a long term, no drama, always paying on time tenant.... for someone who could maybe be the opposite of any of those 3 things. If you don't need the money, keep the rent as is. But keep the lease to 1 year. Anyone buying the house from...
by ensign
Sun Feb 21, 2021 12:28 pm
Forum: Personal Investments
Topic: Should I sell my investment property to go into index funds?
Replies: 36
Views: 3897

Re: Should I sell my investment property to go into index funds?

Keep it. You’re getting an excellent ROI.
by ensign
Fri Feb 19, 2021 8:22 am
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 894
Views: 58831

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

So far , ethereum and bitcoin have been amazing diversifiers as a small part of my portfolio. It's kind of amazing that many bogleheaders will happily own underperforming small caps and ex-US (and argue for 9,000 pages about how SCV funds "will, maybe, hopefully, eventually pay off "), bu...
by ensign
Wed Feb 17, 2021 4:09 pm
Forum: Investing - Theory, News & General
Topic: Were You Around During Dotcom Bubble?
Replies: 266
Views: 20639

Re: Were You Around During Dotcom Bubble?

The fact that lots of people are discussing Bitcoin and SPACs without bursting out laughing does remind of the DotCom era.
by ensign
Tue Feb 16, 2021 1:41 pm
Forum: Personal Investments
Topic: What % of your TOTAL portfolio is in TIAA Trad?
Replies: 45
Views: 3333

Re: What % of your TOTAL portfolio is in TIAA Trad?

RetireSoon wrote: Mon Feb 15, 2021 6:45 pm 28%

A question - for those who have a significant % in TIAA Trad, how likely are you to convert this to an annuity when you retire?
Very unlikely. Don’t see any the need.
by ensign
Tue Feb 16, 2021 1:30 pm
Forum: Personal Consumer Issues
Topic: The Wall Street Journal (WSJ) Digital Subscription $4.00/month
Replies: 29
Views: 3347

Re: The Wall Street Journal (WSJ) Digital Subscription $4.00/month

Too many WSJ ads on this board. I never seen a New York Times add here. Or a Washington Post WSJ should pay a commission to Bogleheads. WSJ and The Economist are at least related to the BH world, in that they tend to have a higher focus on finance and economics. WSJ's opinion section has gone so do...
by ensign
Tue Feb 16, 2021 1:17 pm
Forum: Investing - Theory, News & General
Topic: We are NOT in a bubble
Replies: 165
Views: 21528

Re: We are NOT in a bubble

Impatience wrote: Thu Feb 04, 2021 10:31 pm Unfortunately like many things in life, a bubble can only be seen in the rear view. And then it looks so obvious.
With Bitcoin and SPAC mania, plus a Musk tweet that sends an investment soaring, it seems obvious now.
by ensign
Sun Feb 14, 2021 10:03 pm
Forum: Investing - Theory, News & General
Topic: Market valuations? Somethings got to give
Replies: 269
Views: 18966

Re: Market valuations? Somethings got to give

13.5% is not rare for a bull market. It might even be low for a bull market. Yes, it's certainly possible the next 5,10,15 years will have lower returns, but then that period will be likely be followed by another 5,10,15 year period where we get 13%-16% a year. <snip> Some bull markets go a long ti...
by ensign
Sat Feb 13, 2021 4:14 pm
Forum: Personal Investments
Topic: Help with Retirement Tax avoidance decisions
Replies: 10
Views: 1184

Re: Help with Retirement Tax avoidance decisions

livesoft wrote: Sat Feb 13, 2021 1:33 pm
tadamsmar wrote: Sat Feb 13, 2021 12:59 pmThat would involve going to an adult child who has limited savings and a low-paying temp job and saying "Which charity should I give your inheritance to?"?
I am sure I am not the only one who likes the sound of that.
I think maybe you are the only one.
by ensign
Sat Feb 13, 2021 9:16 am
Forum: Investing - Theory, News & General
Topic: Market valuations? Somethings got to give
Replies: 269
Views: 18966

Re: Market valuations? Somethings got to give

After looking at the current stock markets indexes rise at such a great rate over such a short period of time, I would think that something has to give. Not saying that a crash is around the corner, but maybe a plateau. In July 2018 you posted: I think US equities will be down and can almost guaran...
by ensign
Fri Feb 12, 2021 9:26 am
Forum: Investing - Theory, News & General
Topic: Some thoughts for those afraid of ATH [All Time High]
Replies: 109
Views: 10066

Re: Some thoughts for those afraid of ATH [All Time High]

Keenobserver wrote: Thu Feb 11, 2021 6:35 pm The fact that so many people are predicting a crash makes it less likely to happen, as crashes are historically unpredictable.
Huh?
by ensign
Wed Feb 10, 2021 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: What events might derail your retirement (or plan)?
Replies: 47
Views: 2258

Re: What events might derail your retirement (or plan)?

One Bitcoin selling for nearly $50,000 and Tesla being valued close to $1 trillion could signal a market top. Oh wait, that’s already happening.
by ensign
Sat Feb 06, 2021 9:43 pm
Forum: Investing - Theory, News & General
Topic: 'The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble' - GMO
Replies: 205
Views: 23481

Re: 'The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble' - GMO

People, do you realize how much pent up demand is for fun travel, restaurants, clothing, parties, hip-hop concerts, etc. there is? Bubble will be in 2025 maybe. Look ahead to amazing economic growth for three+ years (assuming vaccines work, and countries stay peaceful). That’s all built into curren...
by ensign
Sat Feb 06, 2021 9:41 pm
Forum: Personal Consumer Issues
Topic: What's your Yearly Costco Spend?
Replies: 96
Views: 5470

Re: What's your Yearly Costco Spend?

Zero. I don’t get the attraction.
by ensign
Sat Feb 06, 2021 11:31 am
Forum: Personal Consumer Issues
Topic: Retirement Planning - Lessons Learned
Replies: 21
Views: 3060

Re: Retirement Planning - Lessons Learned

Track your spending closely at least 2 years prior to retiring. For planning purposes, budget for big-ticket items like a new roof, a new furnace, and the replacing of aging automobiles. Knowledge is power.
by ensign
Mon Feb 01, 2021 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Is it me or a lot of 2020 tax forms late this year?
Replies: 45
Views: 4168

Re: Is it me or a lot of 2020 tax forms late this year?

Is it me or a lot of 2020 tax forms late this year? Generally the deadline to supply 1099 forms is February 01, but I already see that my 1099 forms from Fidelity will not be available until mid-February, Schwab as late as the end of February. Even my banks (TD, BoA, local CU) have not supplied the...
by ensign
Sun Jan 31, 2021 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can my parents retire?
Replies: 70
Views: 5804

Re: Can my parents retire?

If they cannot bring themselves to move to a lower COL area, then they may have to accept that they struggled all their lives so that you and your siblings could someday have a long and comfortable retirement. And they'll be able to do so proudly, and someday you will be able to tell your children ...
by ensign
Thu Jan 28, 2021 11:30 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4545
Views: 227674

Re: GameStop GME: anyone joining?

RH blocking buys of gme, amc, bb seems criminal, the only rationale I can think of is to save the shorts. I bet citadel created a bunch of shorts and then shut down Robinhood buys, just speculating. The most interesting part of this story is how the newsreaders at CNBC are all aflutter. It’s as if ...
by ensign
Mon Jan 25, 2021 8:08 am
Forum: Investing - Theory, News & General
Topic: ‘Frogs in boiling water’: Urgent warning for 50% market drop
Replies: 133
Views: 19067

Re: ‘Frogs in boiling water’: Urgent warning for 50% market drop

Harry Livermore wrote: Sun Jan 24, 2021 11:30 am
This REALLY should be a foundational concept for anyone who invests in the market (which, in one way or another, is almost 100% of the public)
That is simply not true.
by ensign
Fri Jan 22, 2021 8:26 am
Forum: Investing - Theory, News & General
Topic: What sorts of assets/investments are on the self directed IRA menu that aren't available otherwise (in a "regular" IRA)?
Replies: 7
Views: 716

Re: What sorts of assets/investments are on the self directed IRA menu that aren't available otherwise (in a "regular" I

I’ve had a self-directed IRA with Equity Trust for 12 years. I opened it to buy rental property during the 2008 housing crisis. It’s been good for me. I bought a duplex for just over $200k and rents have yielded 7-8 percent annually (after taxes, insurance and maintenance). Every few years I transfe...
by ensign
Thu Jan 21, 2021 8:34 am
Forum: Investing - Theory, News & General
Topic: Signs of Bubble logic - greed overcoming fear
Replies: 212
Views: 19095

Re: Signs of Bubble logic - greed overcoming fear

Nate79 wrote: Wed Jan 20, 2021 11:23 amEven if Tesla stock has a major drop bringing its valuation more inline with reality does that bring the whole market down? Doubtful.
I think you’re wrong on this point.
by ensign
Wed Jan 20, 2021 4:33 pm
Forum: Personal Consumer Issues
Topic: Amazon Firestick vs. Roku
Replies: 72
Views: 4370

Re: Amazon Firestick vs. Roku

I have both and prefer the Roku. The Firestick is too Prime-focused, and I detest the way Amazon pushes rentals and purchases amongst the “free” Prime stuff, making it more work to just watch something. Apple TV does the same thing — always pushing one to spend even more money.
by ensign
Sun Jan 17, 2021 10:40 am
Forum: Personal Consumer Issues
Topic: Best leaf vacuum?
Replies: 10
Views: 672

Re: Best leaf vacuum?

I’ve had a Ryobi for a few years. Great for small jobs such as removing leaves from a driveway. Raking and bagging is superior for bigger jobs.
by ensign
Sat Jan 02, 2021 3:32 pm
Forum: Personal Consumer Issues
Topic: Building a custom house - how should I handle this issue with the builder?
Replies: 83
Views: 5342

Re: Building a custom house - how should I handle this issue with the builder?

I would never take the risk of creating a lifelong enemy over $7k.
by ensign
Sat Jan 02, 2021 3:20 pm
Forum: Personal Investments
Topic: Anti-Boglehead Confessions
Replies: 102
Views: 11414

Re: Anti-Boglehead Confessions

Sandi_k wrote: Sat Jan 02, 2021 2:19 pm - I don't pre-pay the mortgage. We're entering Year 5 of a 15 year mortgage, and pre-paying on the 2.625% debt is ludicrous when we're getting 10-15% in investments.
You got a rate of 2.625% five years ago?
by ensign
Sat Jan 02, 2021 11:40 am
Forum: Personal Investments
Topic: Is rental held in self-directed IRA a good backdoor Roth candidate?
Replies: 3
Views: 240

Re: u

I’m planning to convert IRA funds to a backdoor Roth starting in 2022 (we’ll both be retired mid-2021) until 2028, the year DW and I both turn 72. We own a duplex valued at $230k (by our PVA) in a self-directed IRA with Equity Trust. Rental income minus taxes, insurance and maintenance is $14.4k a ...
by ensign
Sat Jan 02, 2021 10:36 am
Forum: Personal Investments
Topic: Is rental held in self-directed IRA a good backdoor Roth candidate?
Replies: 3
Views: 240

Is rental held in self-directed IRA a good backdoor Roth candidate?

I’m planning to convert IRA funds to a backdoor Roth starting in 2022 (we’ll both be retired mid-2021) until 2028, the year DW and I both turn 72. We own a duplex valued at $230k (by our PVA) in a self-directed IRA with Equity Trust. Rental income minus taxes, insurance and maintenance is $14.4k a y...
by ensign
Sat Jan 02, 2021 9:13 am
Forum: Personal Finance (Not Investing)
Topic: 2021; any landlords raising/lowering rents?
Replies: 49
Views: 4272

Re: 2021; any landlords raising/lowering rents?

I own a duplex and never raise the rent on a tenant who wants to renew because a vacancy of even a month or two quickly eats up the rent increase. I cherish my good tenants and want to keep them happy. In 12 years I’ve had only 1 bad tenant so my system works well for me.