Search found 969 matches

by AndroAsc
Mon Aug 17, 2015 5:32 am
Forum: Personal Finance (Not Investing)
Topic: [Contributions to MyRA with existing Roth IRA]
Replies: 5
Views: 725

Re: [Contributions to MyRA with existing Roth IRA]

What happens when you contribute >$15k into MyRA over time? Does it get liquidated or can you keep the G fund?
by AndroAsc
Fri Aug 14, 2015 6:50 am
Forum: Personal Finance (Not Investing)
Topic: 5 Finance Myths Millennials Should Avoid
Replies: 32
Views: 5601

Re: 5 Finance Myths Millennials Should Avoid

I don't see how anything the article has written is bad. 1. I have lots of credit cards. I gain extra money from signing up a dozen new credit cards each year. My credit score is good. I don't overspend, I track my expenses like a hawk in Quicken. 2. I don't put money in the bank unless it's an emer...
by AndroAsc
Wed Aug 12, 2015 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Careers: MD, Non-MD, MBA, Engineering, Law, Teaching
Replies: 96
Views: 9240

Re: Careers: MD, Non-MD, MBA, Engineering, Law, Teaching

On your death bed you will want reflect on a satisfying career that led to some form of financial success. Seeking "top dollar" will not make you happy, even when achieved. I chose a public service field that is my passion. It will not make me rich instantly, but following the Boglehead p...
by AndroAsc
Wed Aug 12, 2015 6:24 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 623
Views: 70005

Re: QSPIX - thoughts on interesting fund

I'm agnostic about QSPIX, in fact I only learned about it this month when I was reading up on new developments in the investment world. Yes, my investment plan has not changed since 10 years ago. My "philosophy" is that I am willing to explore investment strategies like SV-tilt that have (...
by AndroAsc
Tue Aug 11, 2015 2:24 pm
Forum: Investing - Theory, News & General
Topic: Is there a practical, low-cost implementation of Momentum + Value strategies
Replies: 15
Views: 947

Re: Is there a practical, low-cost implementation of Momentum + Value strategies

All those AQR funds are available at fidelity for much lower minimums in IRAs. You will pay a load however. My understanding is that very few of these fund should be held in taxable since they can have large distributions. IRAs have a problem because their contribution limit is too low, especially ...
by AndroAsc
Tue Aug 11, 2015 2:16 pm
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2396

Re: The line between Active vs Passive is blurring: When does chasing risk factors end?

Not meaning to take over this thread, but just on this .. The actual quote is: "the return on the average actively managed dollar will equal the return on the average passively managed dollar" ... People try to turn this into a more universal principle - e.g. every manager who outperforms...
by AndroAsc
Tue Aug 11, 2015 12:35 pm
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2396

Re: The line between Active vs Passive is blurring: When does chasing risk factors end?

Maybe I am missing something obvious... Assuming we are in backwards land where all active funds have 25 BP of total frictional cost (fees, taxes etc) and index funds have total frictional cost of 1% on average you would be better off in the active funds. Just as active managers as a whole cannot b...
by AndroAsc
Tue Aug 11, 2015 9:26 am
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2396

Re: The line between Active vs Passive in blurring: When does chasing risk factors end?

Active isn't inherently bad, so I don't see 'the line' as important. The problem with active is the expenses, and the inordinate risks some 'advisers' take. A broad market index ensures you're getting some 'average' consensus, and not paying any extra for it. I completely agree. Debating over activ...
by AndroAsc
Tue Aug 11, 2015 8:57 am
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2396

Re: The line between Active vs Passive is blurring: When does chasing risk factors end?

One way I'd look at it - which I think you can see with the Larry portfolio, as well as the endowment model - is that there can be a happy medium between incurring slightly higher costs, and the only-"free-lunch"-in-town benefits of diversification The million dollar question really is wh...
by AndroAsc
Mon Aug 10, 2015 10:54 pm
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2396

Re: The line between Active vs Passive is blurring: When does chasing risk factors end?

While I appreciate the whole terminology discussion, perhaps we could move on to the real topic for this post, which is when do these risk factor chasing strategies becomes no better than your typical active fund? Um, this entire thread is a terminology discussion. Your query: When is a factor stra...
by AndroAsc
Mon Aug 10, 2015 10:35 pm
Forum: Investing - Theory, News & General
Topic: Is there a practical, low-cost implementation of Momentum + Value strategies
Replies: 15
Views: 947

Re: Is there a practical, low-cost implementation of Momentum + Value strategies

For the sake of discussion, let's assume that one would like to try out a Momentum + Value strategy using a 50/50 tilt. Is there any way to implement this practically for the masses, at a reasonable cost? Why 50%-50%. I've typically seen 30% Momentum 70% Value suggested. Just curious. There also IM...
by AndroAsc
Mon Aug 10, 2015 10:34 pm
Forum: Investing - Theory, News & General
Topic: Is there a practical, low-cost implementation of Momentum + Value strategies
Replies: 15
Views: 947

Re: Is there a practical, low-cost implementation of Momentum + Value strategies

I dug into the AQR searches on this forum, and it seems that AQR funds are available to normal investors in both TD Ameritrade (is it taxable or IRA or both?) and Fidelity IRA? Is that still true?
by AndroAsc
Mon Aug 10, 2015 10:15 pm
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2396

Re: The line between Active vs Passive is blurring: When does chasing risk factors end?

While I appreciate the whole terminology discussion, perhaps we could move on to the real topic for this post, which is when do these risk factor chasing strategies becomes no better than your typical active fund?
by AndroAsc
Mon Aug 10, 2015 9:29 pm
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2396

Re: The line between Active vs Passive in blurring: When does chasing risk factors end?

I guess we have a slight disagreement in terminology. What you describe as "passive" is actually "index", or purist index. A passive fund would be one that uses methodical, reproducible calculations, with zero or minimal "human" input. This means that I can be the fund ...
by AndroAsc
Mon Aug 10, 2015 9:10 pm
Forum: Investing - Theory, News & General
Topic: The line between Active vs Passive is blurring: When does chasing risk factors end?
Replies: 44
Views: 2396

The line between Active vs Passive is blurring: When does chasing risk factors end?

As a Boglehead investor, I keep to my plan, stay the course, etc... That means I also don't follow very closely the latest developments in the "investment" world. The last time I constructed my asset allocation was 10 years ago, and it's pretty much the same as it was, except for the inclu...
by AndroAsc
Mon Aug 10, 2015 4:58 pm
Forum: Investing - Theory, News & General
Topic: Is there a practical, low-cost implementation of Momentum + Value strategies
Replies: 15
Views: 947

Is there a practical, low-cost implementation of Momentum + Value strategies

I'll table the discussion for whether or not one believes in risk factors aside in this topic. For the sake of discussion, let's assume that one would like to try out a Momentum + Value strategy using a 50/50 tilt. Is there any way to implement this practically for the masses, at a reasonable cost? ...
by AndroAsc
Sun Aug 09, 2015 8:59 pm
Forum: Investing - Theory, News & General
Topic: Is I-Bonds the best Fixed Income Instrument (assuming no limits on purchases)?
Replies: 22
Views: 2432

Re: Is I-Bonds the best Fixed Income Instrument (assuming no limits on purchases)?

Wouldn't a long term investor be better off locking in a higher yield over a long term? 30Y TIPS are yielding 1.02% over I-bonds. A TIPS ladder would outperform I-bonds. I-bonds are good for short-term liquidity. You make a good point. A 30-year TIPS does outperform a I-Bond (if held to 30 years). ...
by AndroAsc
Sun Aug 09, 2015 7:59 pm
Forum: Investing - Theory, News & General
Topic: Is I-Bonds the best Fixed Income Instrument (assuming no limits on purchases)?
Replies: 22
Views: 2432

Is I-Bonds the best Fixed Income Instrument (assuming no limits on purchases)?

I've been looking through my options available to me for fixed income. Currently, the following have been shortlisted - I-Bonds (currently 0% returns after inflation) - EE-Bonds (3.5% after 20 years) - Vanguard Total Bond Index Fund (current SEC yield ~2.1%) - Vanguard Intermediate-Term Tax Exempt F...
by AndroAsc
Sun Aug 09, 2015 7:33 pm
Forum: Investing - Theory, News & General
Topic: What's the use of Vanguard International Bond Index?
Replies: 4
Views: 691

What's the use of Vanguard International Bond Index?

I confess, this is recency bias. I was never fully onboard with Vanguard International Bond Fund because it was too Eurozone heavy, which is in a economic situation that is as bad, if not worse than the US for the past several years. I always felt that a true international bond would also carry bond...
by AndroAsc
Sun Aug 09, 2015 6:20 am
Forum: Investing - Theory, News & General
Topic: rank order fixed income options
Replies: 37
Views: 3884

Re: rank order fixed income options

There are people who believe that bonds are for income rather than for stability. Using that reasoning, dividend paying stocks can be a substitute for bonds. This thinking is not wise in my opinion, but there are people who think that way. I understand that their reasoning is that the dividend payi...
by AndroAsc
Thu Aug 06, 2015 3:38 pm
Forum: Investing - Theory, News & General
Topic: rank order fixed income options
Replies: 37
Views: 3884

Re: rank order fixed income options

Sorry, but what is "utilities" in this context? Is this a new asset class? Are there funds for it? I've not heard about it before... Investopedia defines the utilities sector as follows: "A category of stocks for utilities such as gas and power. The utilities sector contains companie...
by AndroAsc
Thu Aug 06, 2015 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: "How to Stay Rich" - Forbes
Replies: 11
Views: 3199

Re: "How to Stay Rich" - Forbes

I'm curious, and I really wonder, how many of the super-rich (>$100mil net worth) actually do diversified index funds as opposed to exotic crap of the month sold by the bank? Just for the kicks, I did a 100 year long future value projection. Assuming you start out at $1 mil and investing in a divers...
by AndroAsc
Thu Aug 06, 2015 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Careers: MD, Non-MD, MBA, Engineering, Law, Teaching
Replies: 96
Views: 9240

Re: Careers: MD, Non-MD, MBA, Engineering, Law, Teaching

Go with what excites you, the money will follow. A very common advice, but very dangerous as well. I used to believe in this fallacy. Now I do not. Having a satisfying career is NOT the same as having a (financially) successful career. I personally made this mistake and now I regret it. In some lin...
by AndroAsc
Wed Aug 05, 2015 8:31 pm
Forum: Investing - Theory, News & General
Topic: rank order fixed income options
Replies: 37
Views: 3884

Re: rank order fixed income options

Sorry, but what is "utilities" in this context? Is this a new asset class? Are there funds for it? I've not heard about it before...
by AndroAsc
Wed Aug 05, 2015 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever encountered hostility because people think you're "rich"?
Replies: 71
Views: 5538

Re: Have you ever encountered hostility because people think you're "rich"?

I would be rather hostile to "rich" people if I met them, but then again it depends on your definition of how rich is rich. And my gripe is with how they earn their money. Successful small business entrepreneur providing a real service is worth $10mil+ after decades of hard work - Respect....
by AndroAsc
Wed Aug 05, 2015 9:04 am
Forum: Personal Finance (Not Investing)
Topic: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?
Replies: 15
Views: 1159

Re: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?

So the only situation I can think of where PIP may come into "important play" is if I was involved in an accident and it is 100% my fault, and my passengers sue me. If I don't have PIP, does any component of my insurance covers this? My understanding is that liability is for coverage agai...
by AndroAsc
Tue Aug 04, 2015 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?
Replies: 15
Views: 1159

Re: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?

So the only situation I can think of where PIP may come into "important play" is if I was involved in an accident and it is 100% my fault, and my passengers sue me. If I don't have PIP, does any component of my insurance covers this? My understanding is that liability is for coverage again...
by AndroAsc
Tue Aug 04, 2015 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?
Replies: 15
Views: 1159

Re: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?

I can get U/M coverage without PIP, and in fact I have matched to my current liability limits. I'm still trying to figure out when PIP / ME will be "important". The proposed coverage is $10k, and it seems that a proper healthcare insurance, disability insurance and U/M coverage will cover ...
by AndroAsc
Mon Aug 03, 2015 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?
Replies: 15
Views: 1159

How necessary is Personal Injury Protection / Medical Expenses for Auto Insurance?

I currently live in a state where I can remove the Personal Injury Protection and/or Medical Expenses coverage for my auto insurance. It currently costs $120+/yr out of a $1200/yr premium, and from my understanding it seems to be unnecessary. Why would I need PIP insurance? If I get into an at fault...
by AndroAsc
Sun Aug 02, 2015 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 35
Views: 4268

Re: Is Being a Private Banking Client Worth it?

I disagree, as Bogleheads we know BS and can smell it when the bank sells it. I have no intention of using the private banking for investment purposes, but it's more for the non-investment perks that I've heard about, such as: - Better interest and mortgage rates. Interest rates is crap since Ally/A...
by AndroAsc
Sun Aug 02, 2015 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 35
Views: 4268

Is Being a Private Banking Client Worth it?

I'm going to assume most of the older Bogleheads here have decent net worth, and some may be eligible (or already are) for private banking status with major banks (e.g. Merrill Lynch, JP Morgan). I'm basically wondering if being a private banking client with these banks is worth it. From an investme...
by AndroAsc
Thu Jul 30, 2015 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Best Double Disability Income Insurance Combination (with LTC and retirement coverage)
Replies: 1
Views: 207

Re: Best Double Disability Income Insurance Combination (with LTC and retirement coverage)

Ameritas and MassMutual seem to have limits on mental disorder related claims, so they go out of the window.
by AndroAsc
Tue Jul 28, 2015 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Best Double Disability Income Insurance Combination (with LTC and retirement coverage)
Replies: 1
Views: 207

Best Double Disability Income Insurance Combination (with LTC and retirement coverage)

I've been doing a lot of research this week after getting some quotes from my agent. I am thinking of what would be the best combo DI policy for me. Currently: Have Standard Platinum Protector that covers $2000/mth. It has $4000 of Future Increase Option. Future: Plan to add on another DI policy fro...
by AndroAsc
Tue Jul 28, 2015 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?
Replies: 8
Views: 539

Re: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?

I've noticed that many of the DI policies these days come with a catastrophic rider, which looks like LTC. Basically, double the payout if you cannot fulfill 2 out of 6 of the activities of daily living. Is anyone considering using these catastrophic rider as a replacement for LTC? I admit I'm not &...
by AndroAsc
Mon Jul 27, 2015 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Neat way to save a little $ on your car insurance
Replies: 18
Views: 4124

Re: Neat way to save a little $ on your car insurance

Totally true, good point. Forgot about the rental thing as I would never rent anything but a cheapie :-) True, but once I rented a compact car, I got "upgraded" to a full size SUV because that was the only car they had left. Gas mileage totally sucked and I was pissed. I suppose a comprom...
by AndroAsc
Mon Jul 27, 2015 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Neat way to save a little $ on your car insurance
Replies: 18
Views: 4124

Re: Neat way to save a little $ on your car insurance

There is one exception. You may be driving a rental car that is worth much more than your old beater. I set mine to $50k as it pretty covers much the cost of any rental car that I will drive.
by AndroAsc
Mon Jul 27, 2015 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need Umbrella Insurance if my Assets < Liability Limits?
Replies: 14
Views: 1366

Do I need Umbrella Insurance if my Assets < Liability Limits?

As above, do I need an umbrella policy for $1mil+, if my current assets are less than the liability limits on my auto/homeowners policy?
by AndroAsc
Sat Jul 25, 2015 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Is the entire Car Transport Industry this Shady? Need help in getting a reliable transport company...
Replies: 20
Views: 2512

Re: Is the entire Car Transport Industry this Shady? Need help in getting a reliable transport company...

Thanks. I'll reach out to some of the enclosed transport companies and the car transport companies that are not brokers.
by AndroAsc
Wed Jul 22, 2015 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?
Replies: 8
Views: 539

Re: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?

So far you haven't mentioned anything that would make me switch. I would not say they are higher tier financially. I think "switch" was a bad term. What I meant was purchase another policy from Guardian so that my current Standard and proposed Guardian would both cover to 60% of my curren...
by AndroAsc
Wed Jul 22, 2015 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?
Replies: 8
Views: 539

Re: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?

Well just looking at Standard Protector Platinum vs Guardian Provider Plus, the practically useful advantages of Guardian would be: - Standard true own occupation definition requires to be under the care of a physician, this is not stated for Guardian (substantial difference). -15% vs 20% loss of in...
by AndroAsc
Wed Jul 22, 2015 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?
Replies: 8
Views: 539

Re: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?

My family have bad health history, and I suspect at some point I will get it too. The last few checkups certain indicators were slightly above normal, but not high enough to warrant medication. That's basically my situation.
by AndroAsc
Wed Jul 22, 2015 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?
Replies: 8
Views: 539

Disability Insurance: Pay Jump, have Standard, should I switch to Guardian, and risk medical underwriting?

I purchase a individual disability insurance policy with Standard (Protector Platinum) a while back, when I wasn't earning much money. My occupation is an the engineering field, age 29. Now that I have started a career earning a decent salary, I am looking to increase my coverage. I have 2 options: ...
by AndroAsc
Tue Jul 21, 2015 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Is the entire Car Transport Industry this Shady? Need help in getting a reliable transport company...
Replies: 20
Views: 2512

Is the entire Car Transport Industry this Shady? Need help in getting a reliable transport company...

I've been in contact with 3 car transport companies, and I'm getting the impression that this is a real shady industry. I ask every one of them a very simple question: " If my car gets totaled during transport, how much will you pay me? " With my auto policy, I know for a fact that my insu...
by AndroAsc
Fri Jul 10, 2015 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Age 30, Moving from 15% to 25% tax bracket: Should I sell all my I-Bonds and rebuy them?
Replies: 7
Views: 899

Re: Age 30, Moving from 15% to 25% tax bracket: Should I sell all my I-Bonds and rebuy them?

The real objective of this move would be to 'reset' the age of my i-Bonds, so that they don't expire in my 50s. It will not make money now, but it will have a big impact if I am redeeming at a >30% tax rate or <15% tax rate later in life. i-Bonds only make up 6.67% of my total portfolio, and I don't...
by AndroAsc
Fri Jul 10, 2015 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Age 30, Moving from 15% to 25% tax bracket: Should I sell all my I-Bonds and rebuy them?
Replies: 7
Views: 899

Age 30, Moving from 15% to 25% tax bracket: Should I sell all my I-Bonds and rebuy them?

I'm moving from a 15% bracket (2015) to a 25% bracket (2016). I'm currently in my early 30s. I have a bunch of I-Bonds, all of them with 0% yield. All of them have also been held long enough to redeem. I know there is a 3mth loss of interest for early redemption. I have been thinking of redeeming/se...
by AndroAsc
Tue Jul 07, 2015 10:22 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds Revisited: Vanguard Target Fund uses 90% Equities until Age 40?!?
Replies: 15
Views: 1241

Re: Age in Bonds Revisited: Vanguard Target Fund uses 90% Equities until Age 40?!?

I understand that the age in bonds is not meant to be an inviolable rule, but the fact that Vanguard recommends selecting a target fund to the estimated date of retirement, means that Vanguard's default recommendation for the masses, is that you should be in 90% equities until age 40. So my question...
by AndroAsc
Tue Jul 07, 2015 9:15 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds Revisited: Vanguard Target Fund uses 90% Equities until Age 40?!?
Replies: 15
Views: 1241

Age in Bonds Revisited: Vanguard Target Fund uses 90% Equities until Age 40?!?

I apologize if this is old news, but I realized that the Vanguard Target Funds are using 90/10 stock/bond allocation until age 40 (assuming retiring at age 65). That's way more aggressive from the "age in bonds rule". I'm currently in my early 30s, and I do a 80/20 stock/bond allocation, w...
by AndroAsc
Mon Jul 06, 2015 1:44 pm
Forum: Investing - Theory, News & General
Topic: If you don't care about volatility, are long-term bonds better than total bond?
Replies: 66
Views: 6171

If you don't care about volatility, are long-term bonds better than total bond?

This has been puzzling me for a while. In the bond component, we usually use total bond, which is really intermediate-term bonds. I admit this inspired by "recency bias" of bond yields. Over the long term, we know that LT bonds returns exceed IT or total bond returns. We also know that the...
by AndroAsc
Mon Jul 06, 2015 1:32 pm
Forum: Investing - Theory, News & General
Topic: "Helping Your Parents Financially"
Replies: 62
Views: 7884

Re: "Helping Your Parents Financially"

Can be tough if you have financially challenged parents. My dad is an avid speculator and has annualized 0% returns in his stock portfolio. I guess I should be grateful it is 0% returns and not a loss. My mom is well... afraid of equities and won't even invest in bonds because they can "lose va...
by AndroAsc
Fri Jun 12, 2015 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Under-reporting my income for renting at a new apartment
Replies: 13
Views: 1572

Under-reporting my income for renting at a new apartment

My current apartment rent keeps skyrocketing year-after-year, and I've decided to move a bit further from work into a cheaper area in my town. The new apartment is not in a ghetto, but the median income is substantially lower. My current area median income is $90k, and the place I am moving to has a...

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