Investing 102

[Sieg]

Originally Posted by solarguy09

my investments paid for speed tech coil overs and other goodies.. the car has never handled so good. .Really Nice, but I digress... Sorry...

My twist on this - Comfortably funding our car habits is somewhat the common objective and goal of the thread.

That said, Greg's advice hasn't exactly helped Blake and SpeedTech since I've had this little Devil on my shoulder for a year or so that kept urging me to buy their Track Time package........but now a good portion of that play money is positioned to return a current average of 5.13% in annual dividends.

No worries Blake it will come your way, you've earned my business when the time is right. Until then I'll do my best to promote SpeedTech in my little backwoods network.

Without a doubt this is the best thread I've ever participated in.

[GregWeld]

Originally Posted by Sieg

My twist on this - Comfortably funding our car habits is somewhat the common objective and goal of the thread.

That said, Greg's advice hasn't exactly helped Blake and SpeedTech since I've had this little Devil on my shoulder for a year or so that kept urging me to buy their Track Time package........but now a good portion of that play money is positioned to return a current average of 5.13% in annual dividends.

No worries Blake it will come your way, you've earned my business when the time is right. Until then I'll do my best to promote SpeedTech in my little backwoods network.

Without a doubt this is the best thread I've ever participated in.

But ===== maybe you'll have so many capital gains that when you do buy - you'll get his new floater rear end set up in addition to the Track Time package -- so then he'll be as happy as a little Canuck could be!!

[Bucketlist2012]

Originally Posted by Sieg

My twist on this - Comfortably funding our car habits is somewhat the common objective and goal of the thread.

That said, Greg's advice hasn't exactly helped Blake and SpeedTech since I've had this little Devil on my shoulder for a year or so that kept urging me to buy their Track Time package........but now a good portion of that play money is positioned to return a current average of 5.13% in annual dividends.

No worries Blake it will come your way, you've earned my business when the time is right. Until then I'll do my best to promote SpeedTech in my little backwoods network.

Without a doubt this is the best thread I've ever participated in.

I feel you, and I had to shut the little guy up on my shoulder..

Sure that 30K I just spent on a Sunday toy could be making me more money, but I have to enjoy some while I can.

First off, I have medical issues, so dying with a large Portfolio is going to suck, but I will never spend myself into the poor house, so money will be left after I am gone, and two, I have projected my Portfolio out to 85, and I am 52 now, so the spending is all good, and disposable money.

But I do feel you...Money sitting in the garage is not working..

But since I can get at least 30K for my car, and more, I did not lose money..

[Sieg]

Just ran a conservative scenario in the Schwab's retirement planner without my wifes current income or retirement, factoring retirement age of 65, life expectancy of 80..........it's projecting a surplus of $439,000. Didn't factor inexpected emergencies, though there's other assets and revenue that aren't factored. I'll definitely sleep a little better tonight.

[Bucketlist2012]

Originally Posted by Sieg

Just ran a conservative scenario in the Schwab's retirement planner without my wifes current income or retirement, factoring retirement age of 65, life expectancy of 80..........it's projecting a surplus of $439,000. Didn't factor inexpected emergencies, though there's other assets and revenue that aren't factored. I'll definitely sleep a little better tonight.

Congrats. Knowing the numbers is so important..

Yes, I never run my Wife's income or Social Security in my projections. Just me..

Also I never include my Home Equity. I do count it in my NET worth, but not for future living expenses..

That way I am excluding approx 300K of non liquid assets from my projection.
So we have that money for assisted living if ness.. later in life...or for whatever.

Seig, it really helps to run the numbers once a year. Also to calculate your NET worth to see where you are at..

Then once a year revisit to see if you are up or down...

[Blake Foster]

[QUOTE=solarguy09;393143]Congrats. Knowing the numbers is so important..



Also I never include my Home Equity. I do count it in my NET worth, but not for future living expenses..

That way I am excluding approx 300K of non liquid assets from my projection.


QUOTE]

I read an interesting quote went something like this
Customer to Advisor. My current house is worth 300,000(say)fully paid for. I only actually calculate it at 100,000 in value" why is that? " because I will have to live somewhere and if I figure when I retire I will down size and spend 200k then that leaves me 100k in assets to work with not the full 300k.
Something I never really thought of. In that context anyway. dDoesn't really flow with what is happening here but may add some light.

[CRCRFT78]

Just to get back on the Facebook IPO for a minute or two, would their IPO have a possible positive affect on the companies doing the underwriting? Just looking at the charts for Morgan Stanley, Goldman Sachs and JP Morgan I wouldn't think to buy due to their lack of performance but Im trying to think outside the box.

The current discussion on the solid market, steady eddy dividend payers is great, but I'm now looking at the gambles for those with a higher risk tolerance. I'm trying to disect all angles, sometimes you've got to take risks to reap rewards. Although it might not be for some, others will make that move. Whats your take on the possible positive affects it could have on other stocks or companies involved?

[96z28ss]

Facebook,

Greg you have stated before to keep things simple. You used your Apple visit to the mall senario,and it prompted you to look into it and purchase it. You have had a nice ride up.

Now wouldn't you use that same thinking in Facebook. Everyone but you (and a few) are on it. I'd say about 80% of the vendors on this message board are on it. Its another way of advertising. They currently generate income from advertising and social games.
Looking back at google as an example it started at under $100 its now $585
It does have its wild rides but how about the long term?

[Bucketlist2012]

[QUOTE=killer69;393212]

Originally Posted by solarguy09

Congrats. Knowing the numbers is so important..



Also I never include my Home Equity. I do count it in my NET worth, but not for future living expenses..

That way I am excluding approx 300K of non liquid assets from my projection.


QUOTE]

I read an interesting quote went something like this
Customer to Advisor. My current house is worth 300,000(say)fully paid for. I only actually calculate it at 100,000 in value" why is that? " because I will have to live somewhere and if I figure when I retire I will down size and spend 200k then that leaves me 100k in assets to work with not the full 300k.
Something I never really thought of. In that context anyway. dDoesn't really flow with what is happening here but may add some light.

Excellent, just being more conservative...When my wife and I bought our REO at the bottom, we went with the larger home with more Value...

That leaves us with the downsizing option too.. My plan is to stay here or move to an equivalent home someday.. Or just downsize later in life..

Similar to you...Maybe the house is 350K, and the sole survivor, her or me, can use that money any way needed.. 200k home, or just assisted living..

I plan to die with money invested... That way i am never spending to the edge of my comfort range...

[Sieg]

Originally Posted by solarguy09

Congrats. Knowing the numbers is so important..

Yes, I never run my Wife's income or Social Security in my projections. Just me..

Also I never include my Home Equity. I do count it in my NET worth, but not for future living expenses..

That way I am excluding approx 300K of non liquid assets from my projection.
So we have that money for assisted living if ness.. later in life...or for whatever.

Seig, it really helps to run the numbers once a year. Also to calculate your NET worth to see where you are at..

Then once a year revisit to see if you are up or down...

Thanks you.

Regarding networth the only debt/liability we have is our home and it's $250K balance was refinanced two years ago on a 15 schedule so it will (should) be paid for the same time I hit age 65.