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Re: Using investments as collateral for low-interest mortgag

I'll suggest that you do a search on "asset depletion loan" for those lenders that would consider your assets to be considered in a manner of increased income from a point of signing a note/mortgage for property you wish to buy. It's often used by those that may be asset rich but income p...
by chipmonk
Mon Jun 09, 2014 4:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Using investments as collateral for low-interest mortgage?
Replies: 5
Views: 350

Re: Using investments as collateral for low-interest mortgag

Borrowing against your own assets to buy real estate doesn't sound a whole lot different than borrowing against your own assets to buy more stocks, a.k.a buying on margin. Based on that similarity, I strongly suspect that all of these deals have a "make good" clause in which if the value ...
by chipmonk
Mon Jun 09, 2014 3:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Using investments as collateral for low-interest mortgage?
Replies: 5
Views: 350

Using investments as collateral for low-interest mortgage?

Is there any way to use a Vanguard taxable account in the mid-6-figures as collateral to get a very low-interest-rate mortgage loan? (And if so, is there any reason why this would be a really bad idea that I'm not thinking of?) Background: I was listening to the Slate Money podcast * recently, and t...
by chipmonk
Mon Jun 09, 2014 2:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Using investments as collateral for low-interest mortgage?
Replies: 5
Views: 350

Re: Car buying psychology

In most car dealerships, the sales person tries to take up as much time as possible, delay you, and so on. What is the psychological purpose for this? I know it must be part of the sales process, and that they have figured out that it works, but I don't understand how and why the tactic works? Read...
by chipmonk
Mon May 12, 2014 5:13 pm
 
Forum: Personal Consumer Issues
Topic: Car buying psychology
Replies: 30
Views: 2682

Re: Seattle and Portland, OR restaurant recommendations

TnGuy wrote:Also, there is a very good Persian restaurant in Portland named Persian House Restaurant
I forgot about Persia House. +1 to their Salmon jalfrezi (unusual and delicious use of a sauce that more traditionally goes on chicken).
by chipmonk
Tue Apr 29, 2014 8:57 pm
 
Forum: Personal Consumer Issues
Topic: Seattle and Portland, OR restaurant recommendations
Replies: 31
Views: 1296

Re: Seattle and Portland, OR restaurant recommendations

My wife and I will be spending 11 nights combined in Seattle and Portland, OR in July and August. We enjoy a wide variety of cuisines and are looking forward to trying the best that each city has to offer. We are not averse to fine dining but prefer top notch food in a casual environment whenever p...
by chipmonk
Tue Apr 29, 2014 8:51 pm
 
Forum: Personal Consumer Issues
Topic: Seattle and Portland, OR restaurant recommendations
Replies: 31
Views: 1296

Re: Expensive hobbies and possessions? (B/c you can...)

What are some expensive hobbies you enjoy? What are some expensive things you own? B/c you're BH but for some things, you want the very best, b/c you can... Running is my most expensive hobby. I spend $5-800/year on shoes and clothes, a similar amount on race entry fees, maybe $500 on occasional tr...
by chipmonk
Tue Apr 01, 2014 6:55 pm
 
Forum: Personal Consumer Issues
Topic: Expensive hobbies and possessions? (B/c you can...)
Replies: 126
Views: 13004

Re: Best smartphone in 2014?

Chipmonk, when you said earlier that Nexus 5 would not work with Verizon LTE bands, I assumed that b/c Verizon is Page Plus's host network, Page Plus was also "Verizon LTE". I obviously don't know a lot about cellular. Thank you for the correction! So I gather I'll have to find someone to...
by chipmonk
Wed Mar 19, 2014 11:08 pm
 
Forum: Personal Consumer Issues
Topic: Best smartphone in 2014?
Replies: 38
Views: 2729

Re: Best smartphone in 2014?

I don't think I'm the only one who is equivocal about the trend towards larger screens: several Android phone makers have introduced "mini" variants of their flagship phones (e.g. Samsung Galaxy S4 Mini) in the last year or so. I actually think you both are saying the same thing. Like Bro...
by chipmonk
Wed Mar 19, 2014 6:41 pm
 
Forum: Personal Consumer Issues
Topic: Best smartphone in 2014?
Replies: 38
Views: 2729

Re: Best smartphone in 2014?

They'll be a couple new iPhone models out this summer with larger screens. The current ones will be chucked by the millions, so they will be pretty cheap then. Besides, once you've used a phone with a larger screen you'll never want one sized like the iPhone again . Not saying you have to get a pha...
by chipmonk
Wed Mar 19, 2014 6:27 pm
 
Forum: Personal Consumer Issues
Topic: Best smartphone in 2014?
Replies: 38
Views: 2729

Re: Best smartphone in 2014?

chipmonk, so this would exclude using it on Kitty/Pageplus ? I really want to upgrade my dinosaur flip phone and get a smart phone (although limiting data to wi-fi) and was hoping last fall that the then yet-to-be released Nexus 5 would work. I've been too busy to look since then so I'm disappointe...
by chipmonk
Wed Mar 19, 2014 5:56 pm
 
Forum: Personal Consumer Issues
Topic: Best smartphone in 2014?
Replies: 38
Views: 2729

Re: Best smartphone in 2014?

I now have a Nexus 5, which came out last November. It seems pretty swift, no problems worth mentioning yet, though it's a bit slim and doesn't have quite the battery life I would prefer. Another 0.1" of thickness could have allowed double the battery, I'm guessing. I agree about the Nexus 5. ...
by chipmonk
Wed Mar 19, 2014 4:57 pm
 
Forum: Personal Consumer Issues
Topic: Best smartphone in 2014?
Replies: 38
Views: 2729

Re: Free flights with Credit Card offers

I am curious about playing the credit card game in exchange for frequent-flier miles, but I don't know where to start. I have some basic questions: 1. How do you find out about the new offers? Mostly from http://nerdwallet.com/blog 2. The most lucrative offers require you spending a fair amount on ...
by chipmonk
Mon Feb 24, 2014 4:07 pm
 
Forum: Personal Consumer Issues
Topic: Free flights with Credit Card offers
Replies: 19
Views: 1724

Re: Free flights with Credit Card offers

Do you often cycle credit card offers to get free flights (even though it may slightly ding your credit score)? As fast as I can :). I pretty much get a new CC every time there's an interesting bonus available (~$200 cash value is what I'd call "interesting" these days). I can't seem to g...
by chipmonk
Mon Feb 24, 2014 3:58 pm
 
Forum: Personal Consumer Issues
Topic: Free flights with Credit Card offers
Replies: 19
Views: 1724

Re: I think rolling over 401ks to IRAs is often a bad decisi

I've heard tales told around the campfire of 401(k) plans that don't suck, but I think these are just yarns, told for amusement; they do not reflect my reality. One of my daughter's plans offers VG Total Stock @ ER 0.04%, VG Total Int'l @0.16%, VG Total Bond @0.07%, and the VG Target Retirement fun...
by chipmonk
Sat Feb 15, 2014 8:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: I think rolling over 401ks to IRAs is often a bad decision
Replies: 56
Views: 5588

Re: I think rolling over 401ks to IRAs is often a bad decisi

Hard to say. The vast super-majority of Americans can directly invest in a Roth IRA so the backdoor route isn't so important. 401K plans can go bad and your money can get stuck - 5 year ordeal for one company - http://www.nytimes.com/2014/02/02/business/a-long-fight-to-get-what-was-theirs-in-a-401-...
by chipmonk
Sat Feb 15, 2014 8:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: I think rolling over 401ks to IRAs is often a bad decision
Replies: 56
Views: 5588

Re: the sky is about to fall!

the sky is about to fall! Omigosh!! Where can I buy an ETF that invests in the sky with 3x inverse leverage!?!? SKFLX? According to the values on the chart, this predicts something like a 25% drop in the dow. So... uh... ok. Thanks. Yeah, to me this was the "laugh out loud" ridiculous fea...
by chipmonk
Tue Feb 11, 2014 4:12 pm
 
Forum: Investing - Theory, News & General
Topic: [MarketWatch: Scary 1929 market chart gains traction]
Replies: 43
Views: 4649

Re: where to download Open Office?

Chipmonk, I have Apache OpenOffice. Is it possible to install LibreOffice along side it so I can compare? I've never used Apache OO myself, and whether this is possibly likely depends on what OS you are using and how the software is packaged. If you run into problems with it though... what's the ha...
by chipmonk
Mon Feb 10, 2014 9:33 pm
 
Forum: Personal Consumer Issues
Topic: where to download Open Office?
Replies: 11
Views: 1167

Re: where to download Open Office?

I'm finally persuaded that I should switch to Open Office, but now I can't find a place to download it due to malware, including at cnet which used to be pretty reliable and openoffice.org. It seems the whole Internet had become quite predatory of late..is there any way to download these apps witho...
by chipmonk
Sun Feb 09, 2014 8:25 pm
 
Forum: Personal Consumer Issues
Topic: where to download Open Office?
Replies: 11
Views: 1167

Interesting market anomaly [Length of financial quarter]

Matthew Yglesias of Slate discussed this in his Moneybox column: http://www.slate.com/blogs/moneybox/2014/02/06/_14_week_quarters_financial_markets_get_confused.html Due to the quirks of our Roman/Julian/Gregorian-ish modern calendar, not all financial quarters can be exactly 13 weeks long, since 52...
by chipmonk
Fri Feb 07, 2014 10:30 pm
 
Forum: Investing - Theory, News & General
Topic: Interesting market anomaly [Length of financial quarter]
Replies: 1
Views: 352

Re: Vanguard 2013 muni income by state has errors

https://personal.vanguard.com/pdf/inbst_012014.pdf lists income from NY as around 0.5% for most funds and ND as over 10% for most funds. This is obviously wrong. The Vanguard rep I called said no one who could fix this will be around until Tuesday (Monday being a holiday). Good catch, Richard! Look...
by chipmonk
Tue Jan 21, 2014 1:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Vanguard 2013 muni income by state has errors [fixed Jan 21]
Replies: 14
Views: 1323

Re: Do you invest in a taxable account?

I am curious of Bogleheads who have investments in a taxable account. Can you provide some information in terms of how the taxable account fits into your overall investment strategy and allocations? I have more money than I need to spend, so of course I put the rest into taxable investments. I foll...
by chipmonk
Tue Jan 14, 2014 8:37 pm
 
Forum: Investing - Theory, News & General
Topic: Do you invest in a taxable account?
Replies: 111
Views: 7484

Re: Fidelity 2% Amex Cardholders: Autopay the Bill?

I'm thinking of dumping the Fido Amex and keeping my Blue Cash card. More than one Amex is superfluous and the Blue Cash lets me pay my bill automatically. The exact amount due. I keep the Fido Amex for one and only one reason: it's the only card I can use to get 2% off at Costco :). I have a diffe...
by chipmonk
Tue Jan 14, 2014 8:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Amex Cardholders: Autopay the Bill?
Replies: 31
Views: 2940

Re: Private owner apartment hunting???

Craigslist is your best bet (not with a realtor). +1. This is how I found my current apartment. I basically search for "condo rental" or "owner rental." You might also want to consider the pros and cons of a private rental vs a managed community. A managed rental usually has wri...
by chipmonk
Mon Jan 13, 2014 3:57 pm
 
Forum: Personal Consumer Issues
Topic: Private owner apartment hunting???
Replies: 6
Views: 407

Re: Rebalancing when money is in taxable account

I just mean that I will sell winners if I need to, but never so much that I'm not able to deduct the full $3k from my income. (That $3k is in a sense "use it or lose it" because if you don't take the deduction one year, you won't be able to make it up with an additional deduction the next...
by chipmonk
Mon Jan 13, 2014 2:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing when money is in taxable account
Replies: 21
Views: 1708

Re: Rebalancing when money is in taxable account

⋅ selling tax lots with a loss (lots of volatility in 2011 was helpful for this) and a few winners, but never so much that it prevents me from deducting less than the full $3k tax loss or carryover each year Can you please explain what you mean by the above. Do you mean you just use the $...
by chipmonk
Mon Jan 13, 2014 11:23 am
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing when money is in taxable account
Replies: 21
Views: 1708

Re: High Earners - What's Your Profession?

Engineer, with a PhD, in an entry-level position.
by chipmonk
Mon Jan 13, 2014 1:58 am
 
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 357
Views: 28330

Re: The Funniest Movie Ever

MoonOrb wrote:Groundhog Day
+1

Fun to watch, hilarious, deeply philosophical, and perfectly winter-appropriate. :)
by chipmonk
Mon Jan 13, 2014 1:41 am
 
Forum: Personal Consumer Issues
Topic: The Funniest Movie Ever
Replies: 201
Views: 11412

Re: Rebalancing when money is in taxable account

How do the rules of rebalancing change when the vast majority of one's net worth is in a taxable account? Do you rebalance less frequently? Or only by adding new contributions to under-represented asset class? Or only when there are offsetting losses? Or do you ignore all that and just stick to you...
by chipmonk
Mon Jan 13, 2014 1:40 am
 
Forum: Investing - Help with Personal Investments
Topic: Rebalancing when money is in taxable account
Replies: 21
Views: 1708

Re: Over Roth Income Limits - Where to put the money?

Option 5: Pay down the student loan debt even faster (around $15,000 at 6.55% and around $5,000 at 5.55%). I kind of like this option, but my wife would be a hard sell, even though it's a guaranteed return of 5.55-6.55%. She is always worried we aren't saving enough for retirement. If this is a wis...
by chipmonk
Thu Jan 09, 2014 1:52 am
 
Forum: Investing - Help with Personal Investments
Topic: Over Roth Income Limits - Where to put the money?
Replies: 13
Views: 1146

Re: Backdoor Roth IRA- Any changes for 2014?

Nothing has changed. I did mine the same as in past years. I did mine the same as well. Last year was the first year I had to do the Backdoor Roth. Because I didn't have any non-Roth IRAs, I haven't had any issues, although I did have to answer like three or four additional questions in TurboTax. #...
by chipmonk
Wed Jan 08, 2014 10:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA- Any changes for 2014?
Replies: 5
Views: 527

Re: Dogs of the Dow instead of S&P 500?

You seem to want to invest in a way that is contrary to the Boglehead philosophy. I would suggest taking a look at the "Hot Hands" portfolio. "Hot Hands" is a simple strategy: buy whichever Vanguard fund has performed best in the previous year and hold onto it throughout the upc...
by chipmonk
Wed Jan 08, 2014 1:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Dogs of the Dow instead of S&P 500?
Replies: 27
Views: 2345

Re: Vanguard merged Mutual fund + brokerage - anyone have ye

I was told that because I have a lot of accounts, I will probably be among the last people to be offered consolidation. It sounds like they are focusing first on converting some people with just one mutual fund account and one brokerage account. Now they wait to see what "back end" proble...
by chipmonk
Wed Jan 08, 2014 1:00 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard merged Mutual fund + brokerage - anyone have yet?
Replies: 26
Views: 1801

Re: What does a Bogle TV look like?

Do you use your old school television until it dies? What do the TVs at your house look like? I have a flat screen tube TV that weighs a million pounds. Until I can get my kids to haul it out for me, I'm stuck with it in my living room. I also have a 32" LED TV that I'm trying out. Picture see...
by chipmonk
Mon Jan 06, 2014 1:33 pm
 
Forum: Personal Consumer Issues
Topic: What does a Bogle TV look like?
Replies: 78
Views: 4287

Re: Net Worth Survey, 2014 Edition

I found the SS/pension questions to be confusing to some degree - future dollars, todays dollars, etc, and do you mean retirees, etc. Likewise. I'm 32 and have absolutely no idea about SS or how much it's worth, given that it's so far off and will almost certainly be subject to so many politically-...
by chipmonk
Mon Jan 06, 2014 1:26 pm
 
Forum: Investing - Theory, News & General
Topic: Net Worth Survey, 2014 Edition
Replies: 149
Views: 21798

Re: How do you determine when to harvest your tax losses?

I don't like to have to sell, then sell again, then again. Here's what I do: http://www.bogleheads.org/forum/viewtopic.php?p=1625303#p1625303 which was posted a few days after you joined the forum. :) I do something similar to Livesoft (and probably took my cues on how to do it in the first place f...
by chipmonk
Thu Jan 02, 2014 10:16 pm
 
Forum: Investing - Theory, News & General
Topic: How do you determine when to harvest your tax losses?
Replies: 12
Views: 699

Re: HSA Choices? Fees?

...there's this lone S&P 500 index fund (HLEIX = "JPMorgan Equity Index Fund Select Class) with an ER of 0.2%. Although M* shows HLEIX's expense ratio at 0.20%, Vanguard shows it as 0.69% with the note shown below. I'd suggest triple-checking with HSA Chase in advance that you would be buy...
by chipmonk
Mon Dec 30, 2013 6:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: HSA Choices? Fees?
Replies: 11
Views: 2253

Re: HSA Choices? Fees?

1. Nercro-thread alert :D Yes indeed. My apologies for resurrecting it, but it seemed to be relevant for my current research :) 2. Is the fee waived for the minimum balance in an investment account, or only a cash balance? I believe it's the total balance. Per the fee schedule, "The Monthly In...
by chipmonk
Mon Dec 30, 2013 12:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: HSA Choices? Fees?
Replies: 11
Views: 2253

Re: HSA Choices? Fees?

I'm in a similar boat with a Chase HSA as the default custodian provided by my employer. Comparing HSAs is quite maddening since they all have different fee structures and offer such limited (and typically awful :() fund choices. It looks like Chase HSA now waives the $2.50/month (= $30/year) fee fo...
by chipmonk
Mon Dec 30, 2013 4:04 am
 
Forum: Investing - Help with Personal Investments
Topic: HSA Choices? Fees?
Replies: 11
Views: 2253

Re: Are Bogleheads "robots with Excel Spreadsheets?"

"Retirement specialist Teresa Ghilarducci of the New School for Social Research in New York says the voluntary plans "work for a robot with an Excel spreadsheet," not for people trying to pay bills and care for children who aren't thinking decades ahead to retirement." I have a ...
by chipmonk
Sun Dec 29, 2013 5:50 pm
 
Forum: Investing - Theory, News & General
Topic: Are Bogleheads "robots with Excel Spreadsheets?"
Replies: 74
Views: 4029

Re: What time does Vanguard update market values?

Almost always being the operative word(s). When the market falls 15% in a single day, they will run a little late. It seems to me that they run slow on days when there's even a "medium-sized" drop (more than, say, 1-2%). Is there a technical reason for Vanguard to take its time when there...
by chipmonk
Mon Dec 23, 2013 10:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: What time does Vanguard update market values?
Replies: 60
Views: 3728

Re: What time does Vanguard update market values?

Almost always between 6 and 6:10pm ET in my experience.
by chipmonk
Mon Dec 23, 2013 9:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: What time does Vanguard update market values?
Replies: 60
Views: 3728

Re: Favorite Podcasts?

I don't think this has been asked for a while...what are you're favorite podcasts? I listen to a lot of popular ones like This American Life and Radiolab. I listen to Marketplace, Freakonomics, NPR's Live Wire radio (many different kinds of performances, very hit-or-miss but often awesome!), occasi...
by chipmonk
Tue Dec 03, 2013 10:18 pm
 
Forum: Personal Consumer Issues
Topic: Favorite Podcasts?
Replies: 22
Views: 1768

Re: Portland, Oregon Meeting?

Hi, from the western suburbs. Could you provide more detail about the upcoming meeting? Same as the detail for the June 11 mtg? Confirmation that it is indeed happening? It's a long way to drive from Hillsboro (in rush hour) and I have to travel the next morning, so I'd like to know for sure that i...
by chipmonk
Mon Dec 02, 2013 9:42 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: Master Thread for Portland, Oregon
Replies: 76
Views: 16438

Re: Brent Arends: you can beat the market with smart timing

Since he's got it all figured out, perhaps he should start a fund and make a fortune for himself and others. Or at least use his market-timing method to make his own fortune so he can quit working. There's an old saying that the Market-Timing Hall of Fame is an empty room. I must be different from ...
by chipmonk
Thu Nov 07, 2013 3:57 am
 
Forum: Investing - Theory, News & General
Topic: Brent Arends: you can beat the market with smart timing
Replies: 89
Views: 5624

Re: Have you ever used your credit card's warranty extension

Have you ever used your credit card's warrantee extension? Just curious - I have a plain vanilla Mastercard, and in reviewing the benefits recently, saw that it extends most warrantees a year after the manufacturer one (some exclusions.) I have no idea how to take advantage of this, but it does see...
by chipmonk
Thu Nov 07, 2013 3:46 am
 
Forum: Personal Consumer Issues
Topic: Have you ever used your credit card's warranty extension?
Replies: 27
Views: 2440

Re: The market is on fire

The fire was lit by the Fed. Market moves due to the Fed often reverse within 24 hours, except when they don't. The bond "crash" in June was supposedly caused by panic that interest rates were going to rise due to Bernanke's suggestion of QE coming to an end. Do we expect all those losses...
by chipmonk
Wed Sep 18, 2013 3:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: The market is on fire
Replies: 127
Views: 12545

Re: I spend 6.1% of my Gross income on rent

I spend about 20% of my annual earnings on rent, living in a large and comfortable condo in one of the trendiest parts of town. I eat out 2-3 times week, but I'm otherwise fairly frugal. No regrets... my apartment is the most luxurious thing I pay for and it's comfortable and low-maintenance and mak...
by chipmonk
Tue Sep 17, 2013 12:24 am
 
Forum: Personal Finance (Not Investing)
Topic: I spend 6.1% of my Gross income on rent
Replies: 62
Views: 5722

Re: Do you have a Bloomberg terminal?

I've run up a few dollars' worth of overdue library fines for books on the Bogleheads' recommended reading list over the last few years :D http://www.bogleheads.org/wiki/Books:_recommendations_and_reviews I've also donated money to fund the Marketplace radio program (which I listen to almost every d...
by chipmonk
Wed Sep 11, 2013 5:57 pm
 
Forum: Investing - Theory, News & General
Topic: Do you have a Bloomberg terminal?
Replies: 30
Views: 2999

Re: TLH option for Vanguard Intermediate-Term Tax-Exempt Fun

Rainier wrote:I swapped my lt and it funds for the high yield t/e.
+1, that's what I did.
by chipmonk
Mon Sep 09, 2013 3:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: TLH option for Vanguard Intermediate-Term Tax-Exempt Fund?
Replies: 25
Views: 1998
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