Search found 1670 matches
- Wed Mar 27, 2024 11:48 am
- Forum: Personal Consumer Issues
- Topic: [Suggestions] for Tag Heuer Online Store
- Replies: 2
- Views: 457
Re: [Suggestions] for Tag Heuer Online Store
Look at jomashop.com. I have used them several times for a watch and fine silverware. Genuine merchandise and good customer service.
- Wed Mar 27, 2024 9:42 am
- Forum: Personal Finance (Not Investing)
- Topic: Take Social Security Now?
- Replies: 47
- Views: 2334
- Tue Mar 26, 2024 4:41 pm
- Forum: Personal Investments
- Topic: Seeking guidance on overcoming investment procrastination
- Replies: 18
- Views: 603
Re: Seeking guidance on overcoming investment procrastination
Invest now according to a diversified AA that matches your risk tolerance and stay the course for decades, rebalancing according to a pre-determined plan. It is really that simple.
- Tue Mar 26, 2024 11:48 am
- Forum: Personal Investments
- Topic: Advice for 29 year old daughter
- Replies: 32
- Views: 2805
Re: Advice for 29 year old daughter
There is certainly a bias at play currently, with “100% stock” posters congratulating themselves. When the next 2008 hits, those posts will dry up and we’ll start to see those awful capitulation posts instead.
- Tue Mar 26, 2024 11:10 am
- Forum: Personal Investments
- Topic: Advice for 29 year old daughter
- Replies: 32
- Views: 2805
Re: Advice for 29 year old daughter
What would be the plan to eventually add fixed, if ever? 100% stock is the craze lately here because of a nice run-up and market highs. It is not at all mainstream BH philosophy which advises to never take too much or to little risk, and to make such a decision with a realistic risk assessment.doctormike wrote: ↑Tue Mar 26, 2024 10:23 amI'm recommending that she put all of her new Roth IRA money in VTSAX. I'd love to hear thoughts from the forum about this.
- Mon Mar 25, 2024 8:58 pm
- Forum: Personal Investments
- Topic: How am I doing?
- Replies: 25
- Views: 2453
Re: How am I doing?
You want to be “work optional” in 12 years and you are avoiding marriage because you don’t want to “risk all your your hard work.” That doesn’t sound like someone who should be at 100% equities. I think you should figure out your risk tolerance and find an appropriate asset allocation that matches it.
- Mon Mar 25, 2024 9:15 am
- Forum: Personal Finance (Not Investing)
- Topic: Approaching parents about removing oneself from their estate
- Replies: 35
- Views: 3876
Re: Approaching parents about removing oneself from their estate
I’ve been an executor, personal rep, and trustee. And have dealt with a sibling who showed a terrible side when money became involved in our relationships. Believe me that the “cleanest” is to just have the estate split per the current will and then gift as you please after distribution. Anything else is going to create and cause all kinds of problems and complications. The gifting is easy. Invest how you wish and write a check when you wish. At most you fill out an IRS form.
- Sun Mar 24, 2024 10:27 am
- Forum: Personal Finance (Not Investing)
- Topic: Off-market home purchase - best practices?
- Replies: 33
- Views: 1967
Re: Off-market home purchase - best practices?
Depending on city/county/state it may be nearly impossible to evict current occupants without a lot of time and money and they may completely trash the place out of spite in the mean time with absolutely nothing you can do about it. Check all tenant and squatters laws before moving forward.
- Sun Mar 24, 2024 10:24 am
- Forum: Personal Finance (Not Investing)
- Topic: Off-market home purchase - best practices?
- Replies: 33
- Views: 1967
Re: Off-market home purchase - best practices?
Depending on city/county/state it may be nearly impossible to evict current occupants without a lot of time and money and they may completely trash the place out of spite in the mean time with absolutely nothing you can do about it. Check all tenant and squatters laws before moving forward.
- Sat Mar 23, 2024 8:16 am
- Forum: Personal Investments
- Topic: Talk me into/out of TIAA Traditional (and Real Estate)
- Replies: 19
- Views: 1505
Re: Talk me into/out of TIAA Traditional (and Real Estate)
TIAA TRAD is the true “safety” and “ballast” that bonds promise but don’t deliver. Most of my fixed has been in TRAD for a couple of decades. When stocks go up or down, TRAD goes up. When bonds go up or down, TRAD goes up. It never goes down, compounding tax-free. My equities side can do the wild gyrations.
- Fri Mar 22, 2024 12:06 pm
- Forum: Personal Investments
- Topic: Using target age portfolio in 529s
- Replies: 22
- Views: 1444
Re: Using target age portfolio in 529s
Do your own AA and readjust annually, like on kids Birthday. A lot of 529 TDFs go heavy into bond funds in the late game for “safety” but we all see what happened to that.
- Thu Mar 14, 2024 7:43 am
- Forum: Personal Consumer Issues
- Topic: Refund for whn Delta cancelled my flights
- Replies: 29
- Views: 2303
Re: Refund for whn Delta cancelled my flights
Though these tickets are "non-refundable" there is probably recourse since THEY cancelled the flight, not you. When COVID air travel restrictions hit in 2020 we had 2 pending flights, one international and one domestic. Delta's first offer was credit/voucher but when we asked and then insisted we were given full refunds to our credit card. So you can always try.
- Wed Mar 13, 2024 6:12 pm
- Forum: Investing - Theory, News & General
- Topic: Calculating Time to $1MM and each $100k
- Replies: 24
- Views: 3880
Re: Calculating Time to $1MM and each $100k
Thaks for a good after-dinner laugh! Lately everyone thinks that the elevator only goes up.Artful Dodger wrote: ↑Wed Mar 13, 2024 5:09 pm You can also go from $1M to $550K very quickly. Ask me how I know.
- Tue Mar 12, 2024 8:19 pm
- Forum: Investing - Theory, News & General
- Topic: what does the "11" mean in this video?
- Replies: 8
- Views: 1234
Re: what does the "11" mean in this video?
It's the Nigel Tufnel investing philosophy.
- Tue Mar 12, 2024 3:49 pm
- Forum: Personal Consumer Issues
- Topic: Electric wiring along/through basement floor slab?
- Replies: 23
- Views: 1793
Re: Electric wiring along/through basement floor slab?
Fire hazard; duct tape is flammable, cord can be damaged and wire exposed but damage not visible under tape. This is like the old "cord under carpet" danger that we learned about in grade school fire safety.
- Mon Mar 11, 2024 5:12 pm
- Forum: Personal Finance (Not Investing)
- Topic: College degree worthwhile for marketing?
- Replies: 124
- Views: 8470
Re: College degree worthwhile for marketing?
Do you have any say in this? The obvious answer is to finish college and then try out the real estate gig. Then she can fall back on the earned degree for other options when the RE falls through.
- Mon Mar 11, 2024 5:08 pm
- Forum: Personal Investments
- Topic: SS is insufficient, very little savings, what's the best option
- Replies: 49
- Views: 7950
Re: SS is insufficient, very little savings, what's the best option
A family member has very little retirement savings (less than $20k), owns an above-average home, not paid off yet, spouse has a small pension that just covers health insurance. She is 70 years old, and trying to get situated for retirement. The plan is to continue working for several years (I'm guessing 5+, but haven't asked), and save all of the social security payments safely for retirement. I don't understand what you mean by saving SS for retirement. SS is retirement. I've referred her to Mike Piper's "Can I Retire" and the Bogleheads Guide to Retirement Planning, but feel she needs more direct advice, since all this investment talk is new to her. She plans to meet with a financial advisor at Edward Jones fairly soon, which I...
- Sun Mar 10, 2024 6:59 pm
- Forum: Personal Consumer Issues
- Topic: Looking for upright piano in northern / central NJ
- Replies: 17
- Views: 1277
Re: Looking for upright piano in northern / central NJ
Craigslist and FB Marketplace often have pianos free but you have to move it which will cost 100s of dollars.
- Sun Mar 10, 2024 7:46 am
- Forum: Personal Investments
- Topic: 1 Year a Boglehead (Checkup)
- Replies: 10
- Views: 1352
Re: 1 Year a Boglehead (Checkup)
Ideally an AA should be a kind of glidepath based on an IPS rather than just suddenly making changes. That's the beauty of the age-based AA (with a realistic risk tolerance determination), adjusted with new contributions and a pre-determined rebalancing plan.BuckeyeAaron wrote: ↑Sat Mar 09, 2024 2:21 pm 2. Asset Allocation. As we near 40 I am wondering if we should start to think about adjusting the AA. I'm curious how others made the decision to make changes and when they made them.
- Sat Mar 09, 2024 8:44 pm
- Forum: Investing - Theory, News & General
- Topic: Holding 100% stocks after FI best option for longer time horizons?
- Replies: 88
- Views: 10527
Re: Holding 100% stocks after FI best option for longer time horizons?
Sad thing is that newbies may come to this forum expecting "Boglehead" investing advice and instead read post after post egging them on to go 100% stocks at all ages.
- Sat Mar 09, 2024 2:58 pm
- Forum: Personal Finance (Not Investing)
- Topic: Preparing for Marriage
- Replies: 47
- Views: 4811
Re: Preparing for Marriage
We merged everything except retirement accounts, met with attorney right away to do will/POA etc. including all provisions for future kids. Didn't get life insurance (besides the policy the comes with job) until first kid was born. Started 529 for each kid at birth. Best wishes to you. Be prepared to give more than you take and you will be happy. And keep your vows.
- Fri Mar 08, 2024 1:25 pm
- Forum: Personal Investments
- Topic: Parking place for college students early inheritance
- Replies: 14
- Views: 1353
Re: Parking place for college students early inheritance
20 is young to have that much money a click away. Have her gift it to you and you keep in a MMF or HYSA, re-gifting it to son when time is right. Add to your will that this child gets the $100K if you die.
- Tue Mar 05, 2024 4:39 pm
- Forum: Investing - Theory, News & General
- Topic: Alternative Asset Classes
- Replies: 12
- Views: 1322
Re: Alternative Asset Classes
The few people I know who have toyed with this kind of thing might as well have been shoveling their money into an incinerator.
- Tue Mar 05, 2024 2:56 pm
- Forum: Personal Consumer Issues
- Topic: Non-WiFi Dishwasher Needed Software Update
- Replies: 33
- Views: 3007
Re: Non-WiFi Dishwasher Needed Software Update
Wow. My Mom's 1980's push-button dishwasher lasted 20+ years and cleaned everything spotless. I'm lucky to have one last 5 years and I've still got dirty dishes after a 3-hour cycle. And now they need "softward updates?" That's progress!
- Sun Mar 03, 2024 7:29 am
- Forum: Personal Investments
- Topic: Starting to get a little queasy with my AA
- Replies: 31
- Views: 4621
Re: Starting to get a little queasy with my AA
my AA is 82% stock / 14% Bonds / 4% Other (mostly cash). I've always been pretty risk tolerant, but I'm starting to get queasy about being so equity heavy. Everyone is an equities cowboy with market highs lately but I think that 82% stock is too high for a 54 year old, with a child, already thinking about a nearer retirement horizon. last market disaster in which bonds failed to be a ballast. The last few years was not close to economic "disasters" I've seen in my lifetime. I'm not sure where the safe haven is. Diversification on the fixed side. Bond funds of different durations and type, TIAA TRAD as you already have (I'd load up on as much TRAD as you can within that old account), stable value, MMFs, HYSEs, etc. If there is a b...
- Sat Mar 02, 2024 6:25 pm
- Forum: Personal Consumer Issues
- Topic: Cigarette Smell In Now Former Rental Property
- Replies: 26
- Views: 2554
Re: Cigarette Smell In Now Former Rental Property
A long time ago I worked for a landlord who painted all interiors with semi-gloss and would just wash the walls with Soilax between tenants; cheaper and easier than re-painting all the time.
- Sat Mar 02, 2024 11:45 am
- Forum: Personal Investments
- Topic: Portfolio Review - Help Needed
- Replies: 19
- Views: 2242
Re: Portfolio Review
Constantly losing everything you invest for 16 years also achievable with a strong equity position, see 1966-1982.chassis wrote: ↑Fri Mar 01, 2024 7:57 pmTo achieve $10m from $430k over the next 21 years requires contributing $30k per year to the portfolio and the portfolio needs to return 14% on average over the 21 year period. Achieveable with a strong equity allocation. Don't do bonds, please don't do bonds. And don't do international.
- Sat Mar 02, 2024 11:37 am
- Forum: Investing - Theory, News & General
- Topic: Investing fear
- Replies: 30
- Views: 2940
Re: Investing fear
Just invest according to your AA, which based on your info seems to be 67/33. If that AA is not in line with your risk tolerance then it is the wrong AA. Where the market is now should have little to do with your decision.
- Sat Mar 02, 2024 9:12 am
- Forum: Personal Investments
- Topic: A New Grad’s Factor-Based Portfolio Review
- Replies: 21
- Views: 1970
Re: A New Grad’s Factor-Based Portfolio Review
1. With all respect I think you're overthinking this. A bedrock principle of BH investing philosophy is to "Invest with simplicity." The more theory and fund micro-managing, the more the temptation to keep re-thinking, second-guessing, and tinkering. Hence the value of the set-and-and forget approach that JB encouraged. 2. What is your plan to add fixed as you get older? This should be dialed systematically over time in per an IPS and not just be made suddenly or "someday." Young investers here lately assume that 100% equity for life is the only way to go because of how they see the current market. Go through a couple of crashes and you see the value of diversification and having a plan for the fixed side of your investm...
- Fri Mar 01, 2024 6:46 am
- Forum: Investing - Theory, News & General
- Topic: The recent surge: stand pat or "sell high?"
- Replies: 54
- Views: 6563
Re: The recent surge: stand pat or "sell high?"
I've never understood why people come to this forum of all places to ask timing questions.
- Fri Mar 01, 2024 6:43 am
- Forum: Personal Investments
- Topic: 529 - 2 years until High School Graduation - How Risky should I be?
- Replies: 28
- Views: 3637
Re: 529 - 2 years until High School Graduation - How Risky should I be?
As my kids have approached college I have done a sort of "Pascal's Wager" with my 529 AAs. What's worse?: Missing out on keeping up with inflation a bit or losing 50% on my principal on the eve of going off to college? Definitely the latter so with a fair amount saved up I'm protecting principal.
- Fri Mar 01, 2024 6:38 am
- Forum: Investing - Theory, News & General
- Topic: Are there any special circumstances in which you'd sell or stop DCA-ing?
- Replies: 25
- Views: 2310
Re: Are there any special circumstances in which you'd sell or stop DCA-ing?
WW3 has been "on the horizon" forever. I did the "duck and cover" nuclear war drills in the 1960s. I remember WW3 protest songs under RWR in the 80s. Of course many predicted it under DJT. I'll do periodic investing per my IPS until I retire.
- Wed Feb 28, 2024 8:37 am
- Forum: Personal Investments
- Topic: Floating an Unusual 529 Strategy
- Replies: 38
- Views: 3145
Re: Floating an Unusual 529 Strategy
Your kids might not want to go to any of your state universities. Then what? State universities with their huge classes and inexperienced teaching assistants aren't the best fit for every kid. Some are better suited by a Liberal Arts College, Art School, etc., or an out-of-state school with a particular program or department.Therapist Investor wrote: ↑Tue Feb 27, 2024 9:52 pmMy wife works for the state and her employer will provide our children with free tuition to any state university.
- Tue Feb 27, 2024 12:39 pm
- Forum: Personal Consumer Issues
- Topic: Might need to replace car: are used Tesla's the value play right now?
- Replies: 41
- Views: 5770
- Tue Feb 27, 2024 10:57 am
- Forum: Personal Consumer Issues
- Topic: Might need to replace car: are used Tesla's the value play right now?
- Replies: 41
- Views: 5770
Re: Might need to replace car: are used Tesla's the value play right now?
windaar wrote: ↑Tue Feb 27, 2024 10:54 amAuthor said that his Tesla came without jack and spare tire and that the specific tires for Teslas are difficult to find when outside of high-population areas. Said that next time he's flying. (Tire for some reason could not be patched)
- Tue Feb 27, 2024 10:54 am
- Forum: Personal Consumer Issues
- Topic: Might need to replace car: are used Tesla's the value play right now?
- Replies: 41
- Views: 5770
Re: Might need to replace car: are used Tesla's the value play right now?
Author said that his Tesla came without jack and spare tire and that the specific tires for Teslas are difficult to find when outside of high-population areas. Said that next time he's flying.
- Tue Feb 27, 2024 9:27 am
- Forum: Personal Consumer Issues
- Topic: Might need to replace car: are used Tesla's the value play right now?
- Replies: 41
- Views: 5770
- Sun Feb 25, 2024 10:29 am
- Forum: Personal Consumer Issues
- Topic: tipping shuttle driver ?
- Replies: 34
- Views: 4021
Re: tipping shuttle driver ?
I have one of the kids put a buck in their tip thing. If they help with bags in & out, a few bucks.
- Sun Feb 25, 2024 8:12 am
- Forum: Personal Finance (Not Investing)
- Topic: Laundromat and Carwash
- Replies: 30
- Views: 3456
Re: Laundromat and Carwash
When I read this in the Bloomberg article it make me wonder in anything else in the piece was acccurate. When I wash my own car I'd be surprised if I use 10 gallons. Wet the car with a hose nozzle spray, soap it down with a carwash mop/brush-on-a-pole with a half-filled soap bucket, then rinse off with the nozzle. My driveway barely gets wet.Going DIY with a hose and a bucket typically requires 150 gallons.
- Wed Feb 21, 2024 5:45 am
- Forum: Personal Investments
- Topic: How to invest $1M
- Replies: 10
- Views: 2230
Re: How to invest $1M
That seems to be the default on this board lately. It'll be sad when the next 2008 happens.homebuyer6426 wrote: ↑Tue Feb 20, 2024 12:07 pmthe rest of your portfolio seems to be higher risk than is typically recommended for your age.
- Mon Feb 19, 2024 8:46 pm
- Forum: Personal Investments
- Topic: Portfolio checkup - age 47/43
- Replies: 19
- Views: 2509
Re: Portfolio checkup - age 47/43
Will you be "slowly transitioning" with new contributions or by selling equities to buy fixed? If the latter, will you still do this if the market is significantly down for a long period? Without an age-based or IPS AA glidepath I see this plan as a potential problem.PineNeedles wrote: ↑Mon Feb 19, 2024 6:52 pmI've been considering keeping to an 80/20 allocation until sometime after age 50, and then slowly transitioning towards 60/40 around age 60 - this would then be the "final" allocation. Does this make sense?
- Mon Feb 19, 2024 4:05 pm
- Forum: Investing - Theory, News & General
- Topic: How would you invest like a Boglehead if index funds didn't exist yet?
- Replies: 20
- Views: 1617
Re: How would you invest like a Boglehead if index funds didn't exist yet?
Few ordinary people invested in the pre 401(k) old days of pensions like my grandparents had. College professors since the early 1950s would put 10% of their pay for 40 years into 50/50 CREF Equities Fund/TIAA TRAD.
- Sun Feb 18, 2024 7:49 am
- Forum: Personal Investments
- Topic: Turning 50. Would love your thoughts on reallocation
- Replies: 22
- Views: 3673
Re: Turning 50. Would love your thoughts on reallocation
100% VTI is madness for a 50 year old who admits that his "Job could go away at any time" with 2 kids at home. Everyone's a cowboy when the markets are at record highs.
- Sun Feb 18, 2024 7:35 am
- Forum: Personal Investments
- Topic: Late 30s seeking advice [portfolio review]
- Replies: 20
- Views: 2387
Re: Late 30s seeking advice
Having once worked for someone with rental properties, this is a big red flag NO.bayrider49 wrote: ↑Sun Feb 18, 2024 1:57 amBuy an investment rental property with a max down payment of 100K (Part of cash in taxable above) and let it gain in value and do a cash out refinance when he is ready for college.
1. Being a landlord can be very problematic and can quickly become a nightmare.
2. There is absolutely no certainty that a rental property will have a "gain in value." Quite the opposite can happen pretty quickly, in fact, for a variety of reasons, all outside your control.
I'd fund a 529 ASAP; time in those investments is one of the biggest variables there. Best wishes you you and your family.
- Fri Feb 16, 2024 5:09 pm
- Forum: Personal Finance (Not Investing)
- Topic: Social Security -- What’s in Your Retirement Plan?
- Replies: 47
- Views: 3683
- Fri Feb 16, 2024 4:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: Social Security -- What’s in Your Retirement Plan?
- Replies: 47
- Views: 3683
Re: Social Security -- What’s in Your Retirement Plan?
I've crossed the six-decade line. Not sure exactly when I'll stop working but I'll take SS the second I stop. My Dad waited and died before receiving a penny of SS.
- Thu Feb 15, 2024 9:26 pm
- Forum: Personal Consumer Issues
- Topic: Any recommendation of a book that chronicles the downward spiral of an ordinary person
- Replies: 102
- Views: 9416
Re: Any recommendation of a book that chronicles the downward spiral of an ordinary person
Charles Bukowski's Post Office (1971)
- Thu Feb 15, 2024 7:18 pm
- Forum: Personal Investments
- Topic: 529 investment
- Replies: 3
- Views: 502
Re: 529 investment
Why specifically now are you thinking of going more aggressive? Wasn't the time for that when the kids were babies?
- Thu Feb 15, 2024 5:51 am
- Forum: Personal Consumer Issues
- Topic: College student considering staying in a hotel to save money.
- Replies: 55
- Views: 5359
Re: College student considering staying in a hotel to save money.
Why not just write: Harvard, as that is the only university in Cambridge? The other big school is an institute. OP said “attending university in Cambridge, Somerville, Boston area,” which could include not only Harvard but Boston University, Lesley University, Northeastern University, Suffolk University, Tufts University, and UMass Boston even if nomenclature rules out MIT. Lesley University, by the way, is adjacent to Harvard’s campus. Many locals take advantage of the programming and degrees of Harvard Extension School (HES) and are reluctant to say they "go to Harvard" to not be putting on airs and having to explain. HES is mostly commuter students. I spent many years in that area. I also vote for the Red Line/Commuter rail as...
- Wed Feb 14, 2024 8:34 am
- Forum: Personal Consumer Issues
- Topic: Fire safe that bolts into wall stud (not floor)
- Replies: 7
- Views: 720
Re: Fire safe that bolts into wall stud (not floor)
A 30" gooseneck crowbar will remove a safe bolted into studs in 15 seconds. A safe will attract the attention of thieves. A box in the bottom of your bag of birdseed or charcoal in the garage will not.