Recent content by joel2125

Good point. Her mother is elderly and lives up the hill from the second house. She wants to move up there!

All in at once, right decision 80% of the time. Your point is well taken. That pesky 20% gives me pause so I usually chicken out and invest 50% right off then DCA. So far its been a mistake ie should have gone all in. To your point, waiting for the dip is a loser. Thanks for the advice.

Thanks for that. As they say, control the limbic system (emotions) or you are going to be poor. The responses are consistent!

I have not made much progress on this issue for a few years niw. Here are the details and I would welcome any input. Kids are now all moved out and house in 4500 sq ft. Wife and I own a second home that is far cheaper to live in at 1800 sq ft. Current mortgage is $420k at 2.375% 30 year. Second...

I like it. Same overall risk exposure without the taxes until the shares are redeemed years from now. That way I could adjust my exposure to individual stocks in the 401k when I am resetting the AA. Thanks. J

Thanks for that. I am self employed so I have no pension income. The non rental house generates about $800/mo income from VRBO etc. so that helps. My wife has not worked quite enough to qualify for SS so she will get half of mine. My CPA says if I live in the rental for two years calling it our...

Thanks so much for the input. I have $3.8 mil in the 401 k with 75/25. In that 75% I have 80% individual stock exposure which has done well for 20 years but I feel I need to ease out of that and into a total market index like the 20% of that 75%.We would be debt free and own two houses that are...

House is for sale and proceeds will total about $1 mil (or we wont sell). Plan is to move into our rental as "primary residence". I have had no money outside the 401k in my lifetime. Thinking about a CD ladder for a couple of years with an AA of 75/25 total market index/bond fund as the eventual...

Turning 60. I have a lot of interests, w**k not being one of them. Been there, done that. Bye-Bye (not there yet...downsizing house....downsizing job...hope to be out in a year or two)

The Buddhists have it right.....if you cling and crave, you will suffer. Cravings and desires are insatiable so it won't matter how much money you have, you still wont be happy. So my definition of rich is: 1) You have treated people kindly and fairly and have been of good service to others. You...

We have owned three houses for 18.5 years and two for a decade. I am not a fan of three for sure. One we VRBO and it breaks even, the other we rent out full time but all three need to be maintained and it is a huge pain in the butt. We will keep two for a while in retirement as they are five...

It is a sedation case so you may well have some recall. Relatively small price to pay for a potentially life saving procedure. But hey, I would worry about you if you liked it!

I would say keep up the cheap tight wad style that you have been successful with except that you should help your kids out ie. buy them a new set of tires, give them some money. The kids need the money. You have been presumably happy with your approach to money so stick with it. PEACE OF MIND is...

Thanks all. The health insurance premium is low as it is a carryover from my wifes employment with the school district years ago. You are correct about the timing of the second house as well as the run up in California. My wife and I have decided to sell the big expensive asset which is the...

Will keep you all posted on how it goes.