Comments on: Annual Financial Performance Review

By: Mr. ToughMoneyLove

Mr. ToughMoneyLove — Sat, 09 Jan 2010 16:43:04 +0000

MasterPo:

We follow the 10 speed portfolio 100% as the core holdings inside my 401(k) account. The holdings are: BWX, VWO, VDE, VGSIX, VGSTX, VTRIX, VIPSX, VISVX, VTSMX, and VIVAX.

We have other investments in non-taxable accounts.

By: Mr. ToughMoneyLove

Mr. ToughMoneyLove — Sat, 09 Jan 2010 16:39:19 +0000

Joe: I work full time and blog part time so please be patient with my commenting. Your questions are answered. I’m sorry you are envious of those old-timers having fun in the article you linked!

By: Mr. ToughMoneyLove

Mr. ToughMoneyLove — Sat, 09 Jan 2010 16:36:20 +0000

Joe: This a brand new condo development, part of a larger community. The developer cannot set high monthly fees for the initial years because that would scare all the buyers away. The developer has promised me a minimum rental amount for the first year that is enough to cover my out of pocket expenses because he is selling the units fully furnished. I believe that he will continue to rent the condo from me for another year after that. If I can’t sell or rent the condo (unlikely), we will keep it and live in it part-time as desired. It is not replacing our primary domicile and yes we are keeping the lake house.

ETFs like VWO are bought and sold like stocks so your transaction fees are whatever your broker charges you. Mine are free to extremely low. VEIEX is a mutual fund, not an ETF. The annual fund fees for all Vanguard mutual funds and ETFs are among the lowest in the business and are published on their site.

My wife has owned horses for years and has never had problems with riding. She also teaches riding to physically/mentally handicapped children at a NARHA facility. We pasture board her horse at a horse farm five minutes down the road now. We will probably move it to Long Branch Lakes eventually.

By: averagejoe

averagejoe — Sat, 09 Jan 2010 15:42:52 +0000

I see you’re not answering my questions. Typical. Liberal hit and run. As to the aging baby boomers and their preposterous behaviour, read this article from the NY Times:

http://www.nytimes.com/2010/01/08/us/08aging.html?em

You’ll see I am not alone in my thinking. Globally.

By: Steve

Steve — Wed, 06 Jan 2010 17:25:43 +0000

Agreed. That is the reason I stopped using it

By: MasterPo

MasterPo — Wed, 06 Jan 2010 04:20:47 +0000

8% may be “tried and true” but I’ve always considered it grossly OVER estimated. And I think recent events have proven me correct.

I wouldn’t use more than 5% at the most.

By: Lefty33

Lefty33 — Tue, 05 Jan 2010 23:41:24 +0000

TML,

It’s amazing that you were able to type this article.

With your brittle, crooked, boomer-fingers it explains why your posts are a few days a part and not daily on this site. LOL

Good luck with the condo and the riding