Search found 428 matches

by usagi
Thu Mar 04, 2021 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: FIRO (Financially Independent Retiring On-time)
Replies: 13
Views: 1755

Re: FIRO (Financially Independent Retiring On-time)

Based on my research (using self-declared retirement ages from 3 years of Retirement Roll-Call threads) for my Virtual Bogleheads presentation a couple of years ago, both the average and median retirement age for Bogleheads was 58. Some 70% retire before age 62, my retirement age. Only a tiny perce...
by usagi
Thu Mar 04, 2021 10:40 pm
Forum: Personal Consumer Issues
Topic: Flooring
Replies: 26
Views: 1533

Re: Flooring

seppatown wrote: Thu Mar 04, 2021 9:32 pm If home resale value is not being considered, I find it to be the best choice on the market right now.
Can you expand on the part quoted above; I do not get it.
by usagi
Wed Feb 24, 2021 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Private School - financially irresponsible?
Replies: 213
Views: 16732

Re: Private School - financially irresponsible?

The woman was a stay at home mom who home schooled out children. Given she was a professional there was a tradeoff between finances and quality of our children's education, quality of family life, and the ability to raise our children to reflect our values verses the values of the state. Which is to...
by usagi
Wed Feb 24, 2021 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Best decision(s) in your financial life
Replies: 167
Views: 13375

Re: Best decision(s) in your financial life

One way to define economics is: The allocation of scare resources among alternative choices, wants, and needs. Ergo, the best financial decision in my financial life was: Learning what it is I truly value and what in life gives me pleasure. Knowing that, I seek to direct my conspicuous consumption o...
by usagi
Wed Feb 24, 2021 10:41 pm
Forum: Personal Investments
Topic: How do you deal with timing regrets?
Replies: 66
Views: 5550

Re: How do you deal with timing regrets?

When something is in the past you can alter it. You can learn from the past and impact the future but the past is a die that is set and cast. Part of maturation is accepting there are things you cannot change. I like to automate my decisions, beyond the initial buy to offset my emotions. I have a co...
by usagi
Wed Feb 24, 2021 2:17 am
Forum: Personal Consumer Issues
Topic: Short/dwarf corn
Replies: 2
Views: 324

Short/dwarf corn

All, The raccoons here are rampant and I get tired of trapping them, to no avail. In this area you have to get a permit to trap and dispose of on site and my yard quickly became a raccoon graveyard and the 'coons keep on coming. Hence I am thinking of trying exclusion (electric fence is not practica...
by usagi
Wed Feb 24, 2021 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12481

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

II hope to buy a car one day on nothing but CC rewards! . If you really want to do this you might want to look at the GM Card. Back in 1999 I bought a new car almost entirely on points. I think I paid about $1,200 because you could not use points to cover the tax but the points covered the purchase...
by usagi
Mon Feb 22, 2021 11:43 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 336
Views: 39686

Re: What have you baked recently?

I grow a lot of varieties of apples. Just a few hours ago I made stuff peppers with caramelized vegetables (broccoli, cauliflower, brussel sprouts, red peppers), baked beans, and for desert: delicious baked apples. I stuffed the apples with raisins, walnuts, brown sugar, cinnamon, and vanilla - yumm...
by usagi
Mon Feb 22, 2021 11:32 pm
Forum: Personal Investments
Topic: Whose else own stocks in addition to their mutual funds?
Replies: 58
Views: 4200

Re: Whose else own stocks in addition to their mutual funds?

I occasionally buy stocks. But it is on the exception basis. Where as I buy low cost index etfs every month. I see nothing wrong with it.
by usagi
Sun Feb 21, 2021 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: too much in 401k may be forced to quit job
Replies: 183
Views: 16830

Re: too much in 401k may be forced to quit job

This is not an isolated rare occurrence. At my company my balance was reveled to a lot of employees. Yes, I did work for a very toxic company that has lost many HR lawsuits. My direct boss confronted me out about my out sized balance as compared to other accounts. The confronted caught my attention...
by usagi
Sun Feb 21, 2021 1:10 pm
Forum: Investing - Theory, News & General
Topic: What's Wrong with Annuities?
Replies: 150
Views: 9766

Re: What's Wrong with Annuities?

chris319 wrote: Sun Feb 21, 2021 4:44 am In Yahoo finance, HPY comes up as Happy Creek Minerals Ltd.

https://finance.yahoo.com/quote/HPY.V?p ... c=fin-srch

HDV, on the other hand, seems quite doable.
LOL, correct it was suppose to be ishares HDY
by usagi
Sun Feb 21, 2021 2:22 am
Forum: Investing - Theory, News & General
Topic: What's Wrong with Annuities?
Replies: 150
Views: 9766

Re: What's Wrong with Annuities?

Consider a 30 year treasury is yielding a meager 2.135% and HDV yields 4.19% and HPY 3.9%. I don't know much about treasuries. Is the rate fixed or does it fluctuate? What are HDV and HPY? When you buy a treasury security and hold it to maturity you get a fixed rate. HDV and HPY are just two of a m...
by usagi
Sat Feb 20, 2021 10:44 pm
Forum: Investing - Theory, News & General
Topic: What's Wrong with Annuities?
Replies: 150
Views: 9766

Re: What's Wrong with Annuities?

Given what you have written you would be far better off overall with a build your own annuity approach. Even with, or perhaps because of interest rates being so low this is very appealing. Consider a 30 year treasury is yielding a meager 2.135% and HDV yields 4.19% and HPY 3.9%. This strongly favors...
by usagi
Sat Feb 20, 2021 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Cash: a survey
Replies: 95
Views: 6322

Re: Cash: a survey

deleted
by usagi
Fri Feb 19, 2021 1:55 am
Forum: Investing - Theory, News & General
Topic: Relationship between income and assets
Replies: 23
Views: 2376

Re: Relationship between income and assets

Just another perspective:

Small business owners often work to reduce their income and concentrate on increasing their net worth.

And then their are those who work at things that increase their net worth but do not increase their income at all.
by usagi
Fri Feb 19, 2021 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Free counseling on whether to declare personal bankruptcy?
Replies: 24
Views: 2310

Re: Free counseling on whether to declare personal bankruptcy?

I am no longer young, so maybe my perspective reflects that, but just because something is legal does not mean it is the correct thing to do. I will acknowledge I do have a soft spot for medical based bankruptcies but far less a fan of consumer based bankruptcies. For years I did credit counseling f...
by usagi
Mon Feb 15, 2021 1:35 am
Forum: Investing - Theory, News & General
Topic: Depositors earning 5-15%
Replies: 217
Views: 18806

Re: Depositors earning 5-15%

As someone who has conceptualized, started, operated over 13 companies in my lifetime I would answer it this way. Under fettered capitalism, the people are best served when innovations are allowed to come to market (i.e. no crushing by large companies with hold of the reins of power) and compete in...
by usagi
Sun Feb 14, 2021 10:36 pm
Forum: Investing - Theory, News & General
Topic: Depositors earning 5-15%
Replies: 217
Views: 18806

Re: Depositors earning 5-15%

If the company is for "us", why not use a mutual company structure like Vanguard or nonprofit? With this approach, Mashinsky could be the new Bogle. Not to be rude, but you really need to get off this fantasy that mutual companies or nonprofits are some pure form of organization. Years ag...
by usagi
Sun Feb 14, 2021 9:12 pm
Forum: Investing - Theory, News & General
Topic: Fidelity retirement planner accurate ?
Replies: 39
Views: 6427

Re: Fidelity retirement planner accurate ?

The lesson I took from this was that the key to success in retirement isn't aggressive allocation, it's being careful about spending. Yet another interesting perspective from you, and one I am in agreement with. A happy, successful, and tranquil retirement is easier to achieve when not only your co...
by usagi
Sun Feb 14, 2021 9:12 pm
Forum: Investing - Theory, News & General
Topic: Fidelity retirement planner accurate ?
Replies: 39
Views: 6427

Re: Fidelity retirement planner accurate ?

The lesson I took from this was that the key to success in retirement isn't aggressive allocation, it's being careful about spending. Yet another interesting perspective from you, and one I am in agreement with. A happy, successful, and tranquil retirement is easier to achieve when not only your co...
by usagi
Sun Feb 14, 2021 8:40 pm
Forum: Investing - Theory, News & General
Topic: Depositors earning 5-15%
Replies: 217
Views: 18806

Re: Depositors earning 5-15%

If the company is for "us", why not use a mutual company structure like Vanguard or nonprofit? With this approach, Mashinsky could be the new Bogle. Not to be rude, but you really need to get off this fantasy that mutual companies or nonprofits are some pure form of organization. Years ag...
by usagi
Sun Feb 14, 2021 7:16 pm
Forum: Investing - Theory, News & General
Topic: Depositors earning 5-15%
Replies: 217
Views: 18806

Re: Depositors earning 5-15%

deleted by author
by usagi
Thu Feb 11, 2021 11:42 pm
Forum: Investing - Theory, News & General
Topic: WSJ | Fidelity Holds Secret Weapon to Take On Robinhood and Vanguard
Replies: 56
Views: 7872

Re: WSJ | Fidelity Holds Secret Weapon to Take On Robinhood and Vanguard

Fidelity fans biggest argument is you can buy Vanguard ETFS for free at Fidelity. Actually, for me - nope. I don't like how Vanguard treats its customers, its employees, its consultants, nor its suppliers. One the other hand, Fidelity, Scottrade, Schwab, USAA always appeared to treat their employee...
by usagi
Thu Feb 11, 2021 9:28 pm
Forum: Investing - Theory, News & General
Topic: Never saw myself buying gold ...
Replies: 146
Views: 10873

Re: Never saw myself buying gold ...

You might be better off, in some respects with gold mining stock(s). Take a look at Newmont Mining(NEW) Barrick Gold (GOLD) (note I own both) for core diversification purposes (note I also like to get paid, hence these two pay dividends and have share holder friendly boards). A far more volatile opt...
by usagi
Thu Feb 11, 2021 5:56 pm
Forum: Personal Investments
Topic: 401K Stable Value vs Bond Funds
Replies: 28
Views: 1550

Re: 401K Stable Value vs Bond Funds

This is interesting and I was just looking at the stable value fund in my 401(k)… Intermediate bond is showing me a one year return of 7% so how do you explain that unanimously people recommend the stable value fund at 3% in this thread? What do I not understand about these returns? Haven’t interes...
by usagi
Wed Feb 10, 2021 9:36 pm
Forum: Investing - Theory, News & General
Topic: Are Any Financial Subscriptions Worth It?
Replies: 58
Views: 4873

Re: Are Any Financial Subscriptions Worth It?

I subscribe to ValueLine and find it very useful.
by usagi
Wed Feb 10, 2021 9:31 pm
Forum: Investing - Theory, News & General
Topic: WSJ | Fidelity Holds Secret Weapon to Take On Robinhood and Vanguard
Replies: 56
Views: 7872

Re: WSJ | Fidelity Holds Secret Weapon to Take On Robinhood and Vanguard

Another happy Fidelity customer here. As another poster mentioned, never been cold called, emailed, or otherwise marketed to by Fidelity. Closest would be their announcements on their website. But I get lots of solicitations from Vanguard... Exactly. We have six family members with Fido and 3 with ...
by usagi
Wed Feb 10, 2021 8:48 pm
Forum: Personal Investments
Topic: Lump sum Pension Rollover to IRA now or
Replies: 8
Views: 638

Re: Lump sum Pension Rollover to IRA now or

...Her calculator shows... I would examine that calculator carefully. I had a cash balance pension from a former employer, but there pension calculator is from a large company that administers plans, hence many people have the same calculator. Anyways the plans earns roughly the 1 year treasury rat...
by usagi
Wed Feb 10, 2021 7:28 pm
Forum: Personal Investments
Topic: Where to put retirement savings ?
Replies: 6
Views: 972

Re: Where to put retirement savings ?

This is unsolicited, but well intended advice, please take it in a positive fashion. I keyed on the words partner and SAHM. If that translates to we are not married and one of you or both of you have a child, I would strongly suggest you get to financial planner who specializes in non-traditional ar...
by usagi
Tue Feb 09, 2021 11:18 pm
Forum: Personal Investments
Topic: Are Bogleheads still investing at Vanguard?
Replies: 132
Views: 11603

Re: Are Bogleheads still investing at Vanguard?

Jim Beaux wrote: Tue Feb 09, 2021 4:07 pm
It's the covid cooties. Consumer Report gives VG high marks
They also thought the first year Dodge Neon was superior to the Toyota Corolla and that Kenmore still makes a decent refrigerator. Just sayin'.
by usagi
Tue Feb 09, 2021 11:00 pm
Forum: Personal Investments
Topic: Are Bogleheads still investing at Vanguard?
Replies: 132
Views: 11603

Re: Are Bogleheads still investing at Vanguard?

Fidelity here. Hardly ever have had to use phone support. However, last few months have been awful. Have had to use the phone and hold times are 1hr. plus. Worse is the chat. Have to go through chat bot to get to live chat. It is absurd. Be aware Fido tiers the calls coming into the call center bas...
by usagi
Tue Feb 09, 2021 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: To purchase a California home or move out of state?
Replies: 88
Views: 7439

Re: To purchase a California home or move out of state?

As someone who has spent 6 months or more in 37 different states, let me say is you really are innately satisfied with CA culture and climate no where else will suffice(I lived there for over 2 years). If you can let go of the climate you might be somewhat happy in NY city, Chicago, NJ, and Austin T...
by usagi
Mon Feb 08, 2021 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Are NNN Leases worth it?
Replies: 65
Views: 4573

Re: Are NNN Leases worth it?

[ By the way, an interesting data point. My neighbor owns couple of auto repair shops and has been in the business for 25+ years. He has been complaining that his business is not the same as when he started years ago. It has been worse during the pandemic. He was open but business was/is down. That...
by usagi
Mon Feb 08, 2021 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Are NNN Leases worth it?
Replies: 65
Views: 4573

Re: Are NNN Leases worth it?

I am also going to have my CPA, lawyer and the broker/banker do their part i.e. have them perform all their due diligence and do not intend to go through any such transaction with my limited knowledge. That is for sure. O.P make sure the CPA and lawyer actually know how to vet a business, it is a d...
by usagi
Mon Feb 08, 2021 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Are NNN Leases worth it?
Replies: 65
Views: 4573

Re: Are NNN Leases worth it?

...Some additional considerations on tenant’s credit quality has to do with how the leases are structured, and which legal entity is actually providing the guarantee or on the hook for making payments... ....- Most times the actual entity signing these leases are some subsidiary of parent ABC. Unle...
by usagi
Mon Feb 08, 2021 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Are NNN Leases worth it?
Replies: 65
Views: 4573

Re: Are NNN Leases worth it?

Thanks, usagi for your detailed response. This as I understand is a zor lease. So a bit more comfortable for me on that front. But I agree, given the times I am no sure if a restaurant chain is the right way to go. But on the other hand the growth in this area is poised to increase steadily with no...
by usagi
Mon Feb 08, 2021 1:22 am
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement if all the sims are wrong?
Replies: 123
Views: 8012

Re: How do you plan for retirement if all the sims are wrong?

Exactly. Thank you for proving my point. What he LIKED was the get together with the guys, shooting pool and drinking beer with friends. That's what a lot of us like. i.e. Retirement. I don't think I proved your point. The issue for many is, their friends also "retire and move away, die off, t...
by usagi
Mon Feb 08, 2021 1:07 am
Forum: Personal Finance (Not Investing)
Topic: Are NNN Leases worth it?
Replies: 65
Views: 4573

Re: Are NNN Leases worth it?

LOL, you can still find a tenant stupid enough to sign a triple net lease? Wow...they must not have a good business consultant. I have not let a client of mine sign a NNN since 2004. They are essentially tenant suicide pacts in the long term. One thing you might want to understand is if your lease i...
by usagi
Sun Feb 07, 2021 7:48 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2753
Views: 274109

Re: [What TV Show Have You Recently Watched?]

The first two episodes of The Saint starring Roger Moore. Somehow I expected Simon Templar so be a bit more of a seducer but so far it has all been rather Saintly. : ) Definitely not his James Bond, bad boy persona.

His clothing is impeccably tailored.
by usagi
Sun Feb 07, 2021 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: "Wealth Multiplier By Age: How Rich Will You Be?"
Replies: 26
Views: 5771

Re: "Wealth Multiplier By Age: How Rich Will You Be?"

nisiprius wrote: Sun Feb 07, 2021 1:38 pm In reality, even for 100% in the S&P 500, from 9/1929 through 8/1969, a $10,000 investment in the S&P 500 would have grown only to $20,034, i.e. twenty times, not fifty times.
What the kittens? I am so confused. I must be having another senior moment.
by usagi
Sun Feb 07, 2021 7:29 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5075
Views: 1323724

Re: What Book Are You Currently Reading? Part VI

Brian Kilmeade and Don Yaeger: George Washington's Secret Six.

A light read but, enthralling like all their works.
by usagi
Sun Feb 07, 2021 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement if all the sims are wrong?
Replies: 123
Views: 8012

Re: How do you plan for retirement if all the sims are wrong?

Not everyone is in the top 10%-20%, and not everyone gets to work a cushy intellectually stimulating job "B.S.ing with friends in the office". Hope they appreciate all the creature comforts they enjoy provided to them by men and women who work more physical, less stimulating, jobs for les...
by usagi
Sat Feb 06, 2021 8:44 pm
Forum: Personal Investments
Topic: Lost money changing Custodians.
Replies: 8
Views: 888

Re: Lost money changing Custodians.

I If you are interested in transferring your accounts, select a low-cost brokerage like Fidelity to set up new accounts and to pull (transfer) the accounts from NWM. If you need help, call Fidelity at the number on their website to talk to an account transfer specialist. Ask Fidelity to reimburse y...
by usagi
Sat Feb 06, 2021 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement if all the sims are wrong?
Replies: 123
Views: 8012

Re: How do you plan for retirement if all the sims are wrong?

That is too vague to comprehend. Can you provide details on how your children are doing it differently? Let me try it this way. They very carefully selected their professions, very, very carefully while also carefully considering their desired lifestyles and career longevity. They are not so much g...
by usagi
Sat Feb 06, 2021 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement if all the sims are wrong?
Replies: 123
Views: 8012

Re: How do you plan for retirement if all the sims are wrong?

O.P., maybe you asking the wrong question? Maybe you should ask yourself why you are planning for a now American classic retirement in the first place. The mainstream idea for the private sector workers of the past few generations is that you labor at a job you are not passionate about, have disdain...
by usagi
Sat Feb 06, 2021 3:48 am
Forum: Investing - Theory, News & General
Topic: How to teach children about finance and investment?
Replies: 9
Views: 933

Re: How to teach children about finance and investment?

The following two posts I have made on analogous topics that may be of interest to you: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=338504&p=5788036&hilit=home+school#p5788036 https://www.bogleheads.org/forum/viewtopic.php?f=2&t=338969&p=5794403#p5794403 In short bring y...
by usagi
Sat Feb 06, 2021 3:22 am
Forum: Personal Finance (Not Investing)
Topic: Investment & Finance Books/Materials for Children
Replies: 5
Views: 401

Re: Investment & Finance Books/Materials for Children

My suggestion, farm out your financial duties to your son. We did this with our children. Everyone of them learned to balance the check book, pay the bills, and yes, they even learned to do taxes and a monthly financial statement. They saw how our income was allocated and understood out family finan...
by usagi
Fri Feb 05, 2021 12:14 am
Forum: Investing - Theory, News & General
Topic: T.D. Ameritrade/Schwab Customer Service:
Replies: 10
Views: 878

Re: T.D. Ameritrade/Schwab Customer Service:

O.P. I closed my TDAmeritrade account last Friday for ethical reasons tied to their refusal to allow buys on Gamestock last week. Like you, I came to TDAmeritrade via Scottrade. Scottrade had great, customized customer service at their local branches and really went out of their way to build a perso...