Search found 180 matches

by Stoic9
Sat Apr 03, 2021 1:20 pm
Forum: Personal Investments
Topic: Rental Property Explained
Replies: 13
Views: 1525

Re: Rental Property Explained

We started buying RE in early 90's. Read books studied up, made friends with Real Estate Agents. All single family homes some we lived in, all were places we would live (we are minimalist). Never 'lost money' had a few not good tenants none that skipped out and never paid (we had first/last and secu...
by Stoic9
Fri Apr 02, 2021 1:11 pm
Forum: Personal Investments
Topic: What Are You Doing Given Record Stock Market Highs and What Is Your Situation?
Replies: 120
Views: 12553

Re: What Are You Doing Given Record Stock Market Highs and What Is Your Situation?

Been retired 1341 days, as I approach my 4 year mark the S&P was up 2017, down 2018, up 2019-2020, currently up for 2021. My Portfolio has gone from 70/30 to 80/20 on its own. It is up 50+% over 1341 days. I'm not a BH but I do incorporate much of the principles. My initial anxiety about retirem...
by Stoic9
Wed Mar 31, 2021 1:05 pm
Forum: Investing - Theory, News & General
Topic: Market crashes. Who causes them?
Replies: 42
Views: 3776

Re: Market crashes. Who causes them?

I use to think it was Khan, then the Klingons, then I thought it was the Cardassians, now I am certain it is the Borg so resistance is futile
by Stoic9
Wed Mar 31, 2021 11:28 am
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10619

Re: Curious about negative expat experiences -- why don't more people do it?

I got a great job in Europe out of high school, lived in Germany 17-21 (4 years). I loved it. When I returned to go to College I was a complete outsider, I had not seen TV or Movies for four years. I was 21 fellow students 18, I ended up hanging mostly with Grad Students. I understood none of the re...
by Stoic9
Tue Mar 30, 2021 6:46 am
Forum: Personal Finance (Not Investing)
Topic: What happens with taxes between efile and payment
Replies: 3
Views: 329

What happens with taxes between efile and payment

Turbo Tax option allows you to efile taxes today but have taxes (bank account withdrawal) paid on 17 May. Are taxes processed now and when monies are received file is closed? Or is file ignored until 17 May? It seems that when they owe you money once you receive your payment your taxes are 'complete...
by Stoic9
Sat Mar 27, 2021 6:49 am
Forum: Personal Finance (Not Investing)
Topic: How quickly did you receive your 2020 tax refund?
Replies: 130
Views: 10799

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

Efiled Spawniods on 12 MAR, received deposit on 25 MAR. It included Schedule C
by Stoic9
Sat Mar 27, 2021 6:30 am
Forum: Personal Investments
Topic: Question to current retirees
Replies: 14
Views: 2123

Re: Question to current retirees

We will start year 5 in 4 months. Other than the Pandemic (year 3-4 of retirement) which 1. disrupted our plans to travel outside the country 6 months of each year and 2. accumulated a lot of money from not spending it has been great. We planned hard. 1. Relationships 2. Health 3. Finances Finances:...
by Stoic9
Sun Mar 21, 2021 2:17 pm
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9583

Re: What are your travel plans in 2021 and beyond?

Contingent on CDC and Individual States we plan only Continental trips. We complete are post vaccine isolation at end of April Age: 63/60 Live on East Coast Key West NW drive through National Parks Possible FAM gathering in Orlando (unless I can get out of it) Canada Mexico A few months on Texas bo...
by Stoic9
Tue Mar 16, 2021 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Adding to principal payment for short term ownership
Replies: 7
Views: 480

Re: Adding to principal payment for short term ownership

Lifetime in military. It's in our blood.....retired in 2017 moved in 2018, moved again in 2020. Everyone needs a hobby.....
by Stoic9
Mon Mar 15, 2021 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Adding to principal payment for short term ownership
Replies: 7
Views: 480

Re: Adding to principal payment for short term ownership

Carefreeap wrote: Sun Mar 14, 2021 5:41 pm I would leave it alone. You've got a good rate and I would value liquidity and keeping my options open.

How old are you? Are you still working?
63/60 both retired
by Stoic9
Mon Mar 15, 2021 9:31 am
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9583

Re: What are your travel plans in 2021 and beyond?

Contingent on CDC and Individual States we plan only Continental trips. We complete are post vaccine isolation at end of April Age: 63/60 Live on East Coast Key West NW drive through National Parks Possible FAM gathering in Orlando (unless I can get out of it) Canada Mexico A few months on Texas bor...
by Stoic9
Sun Mar 14, 2021 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Adding to principal payment for short term ownership
Replies: 7
Views: 480

Adding to principal payment for short term ownership

I have a mortgage 30/2.95 that is in its 8th month. Based on past performance (no guarantee of future performance) Spouseiod and I have moved every 2-3 years (a couple of times 4-5) over 38 years. I've read all the discussions on paying off or paying off earlier with extra principle payments. But wh...
by Stoic9
Fri Mar 12, 2021 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 362
Views: 25853

Re: Received 3rd stimulus check 3/12/21

Interesting, that is fast. I'm not due but have child that is.
by Stoic9
Tue Mar 02, 2021 2:53 pm
Forum: Personal Consumer Issues
Topic: How much do you pay your tax professional?
Replies: 60
Views: 6451

Re: How much do you pay your tax professional?

Normchad wrote: Tue Mar 02, 2021 2:23 pm I don’t get paid anything for the excellent tax preparation services I provide to myself.
Same, except he requires a good bottle of bourbon each year.
by Stoic9
Sun Feb 28, 2021 1:52 pm
Forum: Personal Consumer Issues
Topic: Airport lounges
Replies: 24
Views: 3157

Re: Airport lounges

We (2) use Chase....love it....drinks, food, peaceful, clean, easy. Some restrictions do apply!
by Stoic9
Sun Feb 28, 2021 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Prepaying Mortgage Aggressively (Ramsey approach) vs. Investing
Replies: 140
Views: 10973

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

We took a Mortgage 7 months ago at 2.9, Spouseiod just had to have this house. That was June 2020 (you know how the market was). Having a mortgage was not in my financial plan for retirement (retired 3.5 years ago). It was the right investment decision. As for psychological, each month when I send t...
by Stoic9
Sun Feb 28, 2021 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Personal Finances and Minimalism
Replies: 52
Views: 5899

Re: Personal Finances and Minimalism

We moved toward minimalist about 20 years ago (went from 3000 SQFT house to 1200). Retired 3 years, had two institutions then one split and we ended up with 4. 2021 plan to get back to 2 for investing (one is TSP which is on auto). We have 2 banks only because we have rental property and keep that s...
by Stoic9
Wed Feb 24, 2021 8:18 am
Forum: Personal Consumer Issues
Topic: Tax Refund IRS Processed Quickly
Replies: 25
Views: 2356

Re: Tax Refund IRS Processed Quickly

I completed my taxes and I owe as usual so now I sit and wait to submit. Figure I'll make close to the cost of a bottle of bourbon while I wait, maybe more if they delay payment till 15 July. Sure, I'll toast the IRS with the first glass!
by Stoic9
Wed Feb 24, 2021 8:05 am
Forum: Personal Investments
Topic: Advice on how to ease the anxiety of deciding to retire.
Replies: 91
Views: 10476

Re: Advice on how to ease the anxiety of deciding to retire.

I think you will be pleasantly surprised at how well you can adapt to freedom, and the excellent opportunities that pop up when you are not committing 60+ hrs / week to a job / commute / WFH meetings, haircuts... You are young, there will be lots of opportunities to live, and even to work, if you m...
by Stoic9
Sun Feb 21, 2021 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Revealing net worth
Replies: 251
Views: 16526

Re: Revealing net worth

At least twice a year formally with spouseiod and child. Don't have an advisor. Recently I did with FIL (86), we were buying a new house and he asked me if I needed to borrow for the down payment (50K). Spouseiod is his executor and I realized he may be making 'last' financial decisions without any ...
by Stoic9
Tue Feb 16, 2021 3:21 pm
Forum: US Chapters
Topic: Average Age of Bogleheads Posters
Replies: 94
Views: 10730

Re: Average Age of Bogleheads Posters

You and I did not exist in this space before this moment!
by Stoic9
Mon Feb 15, 2021 3:00 pm
Forum: Personal Investments
Topic: TSP to Roth IRA at another firm
Replies: 20
Views: 1025

Re: TSP to Roth IRA at another firm

Or is my only option to open a Traditional IRA at firm that has my ROTH and have TSP 'rollover' my money to my new Tira then go to my firm and rollover my Tira to my ROTH? This is what you would do, although just be careful. The second step is a conversion of the Traditional IRA to a Roth IRA. It i...
by Stoic9
Mon Feb 15, 2021 8:45 am
Forum: Personal Investments
Topic: TSP to Roth IRA at another firm
Replies: 20
Views: 1025

TSP to Roth IRA at another firm

I went back through old post and most go back and forth on the changes that HAVE been implemented in the TSP so I'm now confused. I'm retired, no earned income, no traditional IRA, 22% tax. Can I withdraw money from my TSP (cash), pay the taxes, then turn around and purchase shares in my ROTH at ano...
by Stoic9
Thu Feb 11, 2021 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning organizer
Replies: 28
Views: 2395

Re: Estate planning organizer

bengal22 wrote: Thu Feb 11, 2021 8:23 am I have a one pager that lists assets and point of contact. It's my death book.
Excellent....mine is a notebook but it is titled Dead Book!
by Stoic9
Thu Feb 11, 2021 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Of Net Worth, Pensions, and Annuities...
Replies: 34
Views: 2522

Re: Of Net Worth, Pensions, and Annuities...

My view is a pension is passive income. I have passive income that consist of 3 pensions and rents from rental property (in future I'll include SS). I don't make assumptions on future value of rents in my Net Worth. I do include current market value of each property in my NW (adjusted for taxes/cost...
by Stoic9
Wed Feb 10, 2021 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Pushing SS Income Into Next Year
Replies: 20
Views: 2034

Re: Pushing SS Income Into Next Year

Thanks, this was helpful. I'll place in my planning file for when my time comes. This will give me an extra year of conversions
by Stoic9
Wed Feb 03, 2021 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Remember to list your charitable donations even if you will not be able to itemize on Fed Taxes
Replies: 18
Views: 2663

Re: Remember to list your charitable donations even if you will not be able to itemize on Fed Taxes

Still confused, Turbo-Tax here. Anyone have a quick step process to guide me through how I do this? Most mine I have recorded (cash) are $25-$100. How and where do I list them? Does TT ask/guide you (I have Home/Business version)?
by Stoic9
Sun Jan 24, 2021 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage/ anything to be aware of?
Replies: 30
Views: 3393

Re: Paying off mortgage/ anything to be aware of?

Congratulations! Great milestone and it comes with so much peace of mind. I payed off our mortgage last year. I was expecting accolades and congratulations from the mortgage company, tax authority, insurance company, but alas, all transactions were just business to them and I was left to pat myself...
by Stoic9
Fri Jan 22, 2021 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: gifting money to adult children or to grandkids after you have retired
Replies: 33
Views: 4049

Re: gifting money to adult children or to grandkids after you have retired

Never gift to grandchildren unless they are under your legal custody. You may know how many children you have but unlikely you know how many grandchildren you have. My FIL tried to give our child money (for his own glorification) and I explained why I would not allow it. At 80 he discovered he had a...
by Stoic9
Mon Jan 11, 2021 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Post when you have received various tax forms
Replies: 87
Views: 6494

Re: Post when you have received various tax forms

I received 1099-r from Defense finance 30 DEC.
by Stoic9
Sun Jan 10, 2021 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Depreciation recapture tax - I'm confused
Replies: 14
Views: 823

Re: Depreciation recapture tax - I'm confused

According to my research (I'm in this situation for 2020). This is a recent tax change so the depreciation recapture applies after a certain year. Also there are certain exceptions to claiming this such as if you were on active military duty. I do not think Turbo tax recognizes the exceptions.
by Stoic9
Sun Jan 10, 2021 8:42 am
Forum: Personal Finance (Not Investing)
Topic: "Annual returns from my portfolio is more than my annual income". Does this mean anything?
Replies: 66
Views: 5960

Re: "Annual returns from my portfolio is more than my annual income". Does this mean anything?

I enjoy all the math.... Been retired 1261 days my portfolio has gained an average of $369 a day, that almost exceeds my passive income stream each year. On the other hand for 2020 my portfolio gained an average $601 a day which exceeds my yearly passive income. All fun when going up.... however 201...
by Stoic9
Tue Jan 05, 2021 9:25 am
Forum: Personal Finance (Not Investing)
Topic: 15 Yr vs. 30 Yr and invest the difference
Replies: 32
Views: 1943

Re: 15 Yr vs. 30 Yr and invest the difference

Are you sure about those APR....seem backwards?
by Stoic9
Tue Jan 05, 2021 7:12 am
Forum: Investing - Theory, News & General
Topic: New Years Financial Resolutions
Replies: 54
Views: 4396

Re: New Years Financial Resolutions

In DEC 2019, I told spouseiod we weren't spending up yo our potential (year 3 of retirement). Immediately spouseiod upped all our 2020 travel plans to first class. Then in Mar 2020 spouseiod started the painful process of canceling and refunding airlines/european hotels/cruises. We plan to sit out 2...
by Stoic9
Mon Jan 04, 2021 8:29 am
Forum: Investing - Theory, News & General
Topic: Are we better off now than Dec 2018?
Replies: 301
Views: 25668

Re: Are we better off now than Dec 2018?

2020 was an anomaly period (although pandemics are the future). My understanding is BH philosophy (not advice) is to have a plan based on research and personal situation. Stick to the plan and adjust based on the plan not on emotions. We are in our 4th year of retirement. 2017 we were up, 2018 down,...
by Stoic9
Sat Jan 02, 2021 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: 2021; any landlords raising/lowering rents?
Replies: 49
Views: 4272

Re: 2021; any landlords raising/lowering rents?

Working all the year end numbers and analysis and making plans for 2021. Looking at small rental owners (10 or less total units). Do you plan to adjust rents for 2021? In my case about 2 will turn over this year and I plan to raise 10%. All others will be stayed due to continued leasing. I'm in a s...
by Stoic9
Sat Jan 02, 2021 2:33 pm
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. Glad to hear you have a sy...
by Stoic9
Sat Jan 02, 2021 8:08 am
Forum: Personal Finance (Not Investing)
Topic: 2021; any landlords raising/lowering rents?
Replies: 49
Views: 4272

2021; any landlords raising/lowering rents?

Working all the year end numbers and analysis and making plans for 2021. Looking at small rental owners (10 or less total units). Do you plan to adjust rents for 2021? In my case about 2 will turn over this year and I plan to raise 10%. All others will be stayed due to continued leasing. I'm in a st...
by Stoic9
Tue Dec 29, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: How late in life did you make a major career change?
Replies: 17
Views: 2239

Re: How late in life did you make a major career change?

43, got three degrees in education and taught public school till age 43 then 9/11 I joined the Army full time retired at 60.
by Stoic9
Tue Dec 29, 2020 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: What did you spend in 2020?
Replies: 204
Views: 12860

Re: What did you spend in 2020?

Ugg . .. this is depressing. $271k broken out as follows: $24k mortgage $55k investments $60k expenses (food, utilities, entertainment, car lease, cell phones etc) $17k landscaping project $18k kids college $8k property taxes $6k insurance (auto, home, umbrella, etc) $10.5k FICA/Medicare $10k state...
by Stoic9
Tue Dec 22, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: What are your not free but still frugal hobbies?
Replies: 157
Views: 13601

Re: What are your not free but still frugal hobbies?

Running? More about getting staying healthy, but still a hobby, I guess. Well, running (no pun intended) the numbers, it is not cheap :) Nevermind, I guess! $240 in shoes yearly, 4-pairs. 1,100 miles per year, 140ish hours per year = $1.69 per hour. Of course, the health benefits are not able to be...
by Stoic9
Sat Dec 19, 2020 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Poll: how much annual income do you think you need in retirement?
Replies: 113
Views: 8682

Re: Poll: how much annual income do you think you need in retirement?

Just completed 3 years retired (2 pre, 1 during pandemic). First 2 we spent 110K ( 28K expenses, rest travel). Start of 3rd I told spouse to up the game and shoot for more first class travel (about 200K).....then pandemic, 3rd year spent 31K. 4th year is looking like it will be close to same as 3rd ...
by Stoic9
Wed Dec 16, 2020 3:29 pm
Forum: Investing - Theory, News & General
Topic: [Maxing out your IRA and other things to do on January 1st]
Replies: 172
Views: 14368

Re: So, who's maxing out their IRA on Jan 1st?

Retired but will dump 6K into child's Roth first trading day.
by Stoic9
Tue Dec 08, 2020 2:50 pm
Forum: Personal Investments
Topic: At what milestone did you feel secure?
Replies: 156
Views: 17645

Re: At what milestone did you feel secure?

I left home (loose word) at 17 with $10 I borrowed. Went into the Army, then got out went to College graduated at 25. All those years I felt secure, no worries. In the Army I had 3 hots and a cot, in College tuition was paid and 'being poor' was a badge of honor (drinking Old Milwaukee beer was good...
by Stoic9
Sun Dec 06, 2020 10:14 am
Forum: Personal Consumer Issues
Topic: What are you getting your s/o for the holidays?
Replies: 123
Views: 9270

Re: What are you getting your s/o for the holidays?

In a forum that is particularly dry and reserved in the humor department, I am getting my wife a vacuum and some socks. It’s kind of a chauvinist joke but mostly serious. Edit: almost forgot the lefse board, cooking instrument for the offended Agree, I'm getting my S/O the new iPhone. As for Wifeio...
by Stoic9
Sat Dec 05, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: Well... it's time for me to be party pooper.
Replies: 108
Views: 17033

Re: Well... it's time for me to be party pooper.

I self identify as an expert when its necessary and I can tell you with certainty that the market will go up and down next year.
by Stoic9
Sat Dec 05, 2020 9:43 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 626
Views: 85733

Re: What lifestyle creep made you happier?

if you’re not a TV aficionado, Will buying an OLED TV truly make watching television $2,000 better? Serious question. I'm contemplating it since it's Black Friday season, but I'm worried that it's the quarantine boredom talking. Or is this more like a "for the person whose already got everythi...
by Stoic9
Sat Dec 05, 2020 9:35 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 626
Views: 85733

Re: What lifestyle creep made you happier?

In DEC 2019, after 3.5 years of retirement at our Bi-yearly finance meeting I told spouseiod that we weren't spending our retirement income each year and we should up our game. She immediately switched our 2020 travel plans to first class seats, top hotels in Europe, and best cabins on cruises. Then...
by Stoic9
Sat Dec 05, 2020 9:03 am
Forum: Personal Consumer Issues
Topic: "Buy once, cry once"
Replies: 132
Views: 13021

Re: "Buy once, cry once"

The only piece of furniture that matters is the bed. We have a dinning table that spouseiod bought back from UK when she was 16 (40+ years ago). It was an antique when she bought it. It barely seats 4 people but good enough for us. We have real dogs so the rest of the furniture is useable but not fa...