Forum Replies Created
-
AuthorPosts
-
May 31, 2012 at 10:56 PM in reply to: My next door neighbor was a cop, still under 60, been retired for more than 5 yrs #744706May 31, 2012 at 9:38 PM in reply to: My next door neighbor was a cop, still under 60, been retired for more than 5 yrs #744697
ltsddd
Participant[quote=sdrealtor]Obviously you have never managed a retirees portfolio. None of those are appropriate for someone whose first priority is safety of principal and number 2 is income. There is no number 3 for a retiree.[/quote]
No, I have never managed a retirees portfolio. It would be a disservice to those folks if I claim I know more about investments than what I really know. I also know enough to understand that just because you’re retired doesn’t mean you need to “retire” your investment style. If you believe in the market during your working years then why should that changed when you retired? You might want to play a little defensively and make sure you have a “bucket” of money invested in something that is shock-proof to the market downturn, but continue to invest the rest of the money in the equity market. If a retiree goal is to protect the principle then why pay for someone to do it when they could do it themselves by either stick it under their mattresses or a saving/cd account if they’re less risk adverse.
May 31, 2012 at 8:10 PM in reply to: My next door neighbor was a cop, still under 60, been retired for more than 5 yrs #744689Participant[quote=sdrealtor]Over the last 10 years 4% is too high. I have personally managed a portfolio in the ranges of values we have been talking about for a retiree over the last 10 years and know what the returns have been. We werent invested in stocks until the last year or so. We’ve done well by investing in high quality/high yield dividend stocks that came into favor several months after we got into them. Otherwise returns were minimal at best in asset classes appropriate for a retiree.
It wasnt until we realized the benefiary couldnt possibly outlive their assets and started taking on risks more appropriate for the eventual heirs did we get above and beyond 4%.[/quote]
You don’t need to know anything about investments and still could easily achieve/exceed an average of 4% returns for the last ten years using nothing more than following the ben stein’s couch potato portfolio.
Total Intl Stock: 6.8%
Total Bond: 5.45%
Total Stock: 4.9%So if anything, a 4% annualized returns for the last 10 years is too low.
Participant“If you believe that government funding only harms innovation, let us introduce you to Uncle Sam’s most successful start-up: Silicon Valley….”
http://smallbusiness.yahoo.com/advisor/silicon-valleys-inconvenient-history-150653904.html
Participant[quote=NicMM]Among all these recent internet IPOs, why LinkedIn still holds a good value and stock price?[/quote]
The company has a relatively small number of outstanding shares and out of that only 65 million shares are float.
Participant[quote=flu][quote=ltsdd]
….. Another thing I don’t get is the timing of the IPO. Why now and not between October-April?[/quote]I don’t think underwriters were counting on the Greece debacle, and probably when they filed, the economy looks like it was just starting to recover…
[/quote]No, I was referring to the old adage of “sell in May and go away” and not the Greece thing. I guess the process of filing an IPO is long and laborious so MS went with whatever earliest date they could. Here’s a list of a few companies with a global name recognition and its market cap:
ebay: $51B
amzn: $98B
nike: $49B
dis: $79BDoes anyone here thinks FB is in the same class as these? Name recoginition-wise, yes. But product-wise is a definite no.
Participant[quote=flu]Pre-market is at 32.90.. Wow… ouch….
http://finance.yahoo.com/q?s=fb&ql=1
I must be a dumb, over 35 person… Just don’t get this one…
But you know one thing about FB that I find refreshing.
This is probably the one of the few times in history that institutional investors got hurt big time, and maybe more so than retail investors on an IPO….And frankly, imho, they deserved it…I don’t really get FB, either. But let’s put it in perspective. At the current price it’s trading within range of the initial IPO pricing of between $28-$35. As a stock it’s holding up much better than I expected given the negative sentiments and ridiculous valuation of the company – a higher market cap than amz? My opinion is even if this thing go to the teens, it’s still overvalued. Another thing I don’t get is the timing of the IPO. Why now and not between October-April?
Participantdel
Participant[quote=sdrealtor]So my clunky desktop is just too damn slow and buggy for me to take one more day of this. Its a few years old and running Windows Vista. Usually I just go to Dell.com and pick up an inexpensive desktop which last me 2 to 4 years. I dont need bells and whistles just a good functional PC for Internet, email, Word, Excel, photos,itunes etc. I’m a cheapskate and dont like to spend much on a PC like this nor do I see a reason to. Am I better off buying online or just running over to Costco?
Any suggestions what and where I should buy? My trigger finger is itchy![/quote]
If you haven’t defrag’ed your hard-drive then try that first before you rush out and BUY (yes buy don’t build unless you’re computer savvy).
To defrag your hard drive, click on:
Start–>All Programs–>Accessories–>System Tools–>Disk Defragmenter
Participant[quote=ninaprincess]I have $20,000 and thinking about buying Facebook shares at IPO.
I thought google shares were too expensive when they came out at around $100. Now they are $600.[/quote]
It’s a groupon-like company and a google-like stock.
Participant[quote=waitingtobuy]Has anyone considered this as a short coming for stone-bridge estate? The whole community has only one exit road. From the very end where toll brothers are building now till the Pomerado rd intersect, its about 3.5-4 miles and it must be painful during weekdays, early hrs.
Are there plans for building more roads and perhaps connecting to scripps Poway Parkway somehow?[/quote]
I think that (especially a concern after the Witch Fire in 2007) and the lack of nearby schools (within walking distance). Other than those two, I think SB offers the most value for your $$.
Participant[quote=flyer]This is a great thread, and I’m planning to pass it on to friends who are moving here. They have looked at Stonebridge and love the homes, but they don’t want to live East of I-15.
Other than Santaluz, which they are strongly considering, are there any other locations anyone might suggest with larger homes and lots in the
up to $1.5M range? Just want to make sure I haven’t missed anything I might share with them.[/quote]Santa Luz, Del Sur and surrounding communities.
4S Ranch (Ivy Gate) and this:
http://www.californiawestcommunities.com/community.php?ID=19&c=mission-ranch—the-estates-in-4sSanta Fe Valley
Collins Ranch
Participant[quote=SD Realtor]….Translation, you have to move fast.[/quote]
+1
Participant[quote=sd_resident]Another stonebridge house closes for $177 per sq ft.
http://www.sdlookup.com/MLS-110060725-12885_Starwood_Ln_San_Diego_CA_92131This one closed for the same price couple of months ago
http://www.sdlookup.com/MLS-110061487-12884_Starwood_Ln_San_Diego_CA_92131Considering these recent sales, wondering why asking price of this house is $89k more? It shows better than the ones recently sold, but has much smaller backyard. Even though it’s not as close to Pomerado Rd, is it worth $89k more? Comments?
http://www.sdlookup.com/MLS-120019784-12841_Starwood_Ln_San_Diego_CA_92131%5B/quote%5D12885 sold for close to $70K below initial ask
12884 sold for close to $60K below initial ask
If I were to put in an offer, I would use those as a reference as to how much my offer would be.
So, may be the picking are slims but what’s available isn’t exactly flying off the shelves or bid up like some wants you to believe. The REO took 2 months to go into pending.
[edit]
$159/sq ft
http://www.redfin.com/CA/San-Diego/15073-Almond-Orchard-Ln-92131/home/12547962ParticipantIn general I think the communities nearby these companies will do well as far as property value is concerned. BTW., Gen-Probe is not as well known as Q, but as a stock it’s one of the more stellar performers for the last 5-10 years.
-
AuthorPosts
