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by tj
Wed May 27, 2015 10:25 am
Forum: Personal Consumer Issues
Topic: Looking for a DVR device for antenna TV (Simple.TV?)
Replies: 44
Views: 3050

Re: Looking for a DVR device for antenna TV (Simple.TV?)

Great discussion. I only have cable to watch my local pro sports teams. Is there a non cable/satellite option for a sports nut who wants regional sports programming? You can pick up NBC, ABC, CBS and FOX over the air. For $20/month you can subscribe and stream Sling TV http://www.sling.com/ which i...
by tj
Tue May 26, 2015 8:50 pm
Forum: Personal Consumer Issues
Topic: Looking for a DVR device for antenna TV (Simple.TV?)
Replies: 44
Views: 3050

Re: Looking for a DVR device for antenna TV (Simple.TV?)

Great discussion. I only have cable to watch my local pro sports teams. Is there a non cable/satellite option for a sports nut who wants regional sports programming? Nope. Yuo guys are singlehandedly keeping pay tv alive. If you move out of the area, however, you'll be able to see out of market tea...
by tj
Tue May 26, 2015 8:12 pm
Forum: Personal Consumer Issues
Topic: Once in a life time trip.
Replies: 117
Views: 5660

Re: Once in a life time trip.

ktd wrote:Where do you take 2 kids ( 8 year of age) on a vacation that they will never forget? Assuming you have saved 20K for this trip and 2 weeks.



You don't. They're not going to remember a thing. Take them when they are 18.
by tj
Tue May 26, 2015 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 165
Views: 19809

Re: much ado about coasting (through life)

Ca. 30 years ago, Paul Terhorst retired at age 35 from a major CPA firm after deciding he was working mainly to fund his assets. He liquidated virtually all the assets, bought laddered, insured CDs, wrote Cashing in on the American Dream, and since has traveled the world with his wife Vicki. The bo...
by tj
Tue May 26, 2015 12:25 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 383
Views: 38819

Re: Schwab Intelligent Portfolios [now live]

I know this has probably been covered in the numerous responses, but I haven't found it yet: how can I avoid having a commodity allocation in SIP? I have studied the ERs of the underlying SIP ETFs (the Fundamental Index ETFs range from 0.32% to 0.48% ER), but my biggest concern is investing directl...
by tj
Tue May 26, 2015 10:34 am
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 165
Views: 19809

Re: much ado about coasting (through life)

I worked 60 hours a week throughout my 20's, sometimes more. After work I was always satisfied walking around my awful studio apartment, petting my dog, researching dumb things on the internet, and generally doing nothing. I told myself it was because I was exhausted and needed to unwind. After a f...
by tj
Mon May 25, 2015 1:29 pm
Forum: Personal Consumer Issues
Topic: Just bought new car, should I buy extended warranty?
Replies: 29
Views: 1278

Re: Just bought new car, should I buy extended warranty?

I thought Hyundai had some huge marketing gimmick about a 10 year powertrain warranty? Even with that, they still try to sell extended warranties? Crazy.
by tj
Fri May 22, 2015 4:58 pm
Forum: Personal Consumer Issues
Topic: Any Experiences Buying Mattress Online
Replies: 26
Views: 2421

Re: Any Experiences Buying Mattress Online

I found mattressnerd extrremely helpful. http://www.mattressnerd.com/simmons-beautyrest-recharge-2014-comparison-guide/ I just picked up a Simmons Beautyrest "Phillipsburg" from US-Mattress. They have a 100 night guarantee and you just pay $99 to switch it out, so I just took a gamble on o...
by tj
Fri May 22, 2015 4:37 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 108
Views: 18696

Re: Invoice is the new MSRP

I bought a new car today! 2015 Honda Accord Sport w/ 6 speed MT. :mrgreen: Congrats and I am happy this worked out. Some people have been recently claiming that truecar is the best price most people will give and that dealers will not give pricing online. I thought they were misinformed and this pr...
by tj
Fri May 22, 2015 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed 0.99% auto loan
Replies: 33
Views: 2201

Re: Penfed 0.99% auto loan

Penfed has a sale on their 4 year new (2014-15) car auto loan at 0.99% through Memorial Day. Interesting, the 3 year term is still 1.49%. Not a member of Penfed but I have heard they are strict in their lending decisions. What credit score is needed for that rate? Would they allow cash out refinanc...
by tj
Thu May 21, 2015 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed 0.99% auto loan
Replies: 33
Views: 2201

Re: Penfed 0.99% auto loan

I called Penfed about this. Loans are usually approved/funded within 24-48 hours. Sat/Sun together count as a business day and Monday is actually a business day as well, so if applied today it will likely fund in time (1-2 business days). Here's the deal breaker for me: They require a $500 deductib...
by tj
Thu May 21, 2015 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 165
Views: 19809

Re: much ado about coasting (through life)

Maybe I should have kids; most people seem to be fulfilled by family. IMHO that is a pretty terrible reason. Children are not a panacea for boredom. I think that OP is pretty accurate in the reason most people have kids. Boredom and fulfillment are not the same thing. Playing xbox for 16 hours take...
by tj
Wed May 20, 2015 3:05 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri Launching A Robo Advisory
Replies: 12
Views: 2866

Re: Rick Ferri Launching A Robo Advisory

Rick posted about the product here:

viewtopic.php?f=10&t=165723#p2491121
by tj
Wed May 20, 2015 3:00 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads 2015 Hedge Fund Contest
Replies: 160
Views: 16470

Re: Bogleheads 2015 Hedge Fund Contest

LadyGeek wrote:In support of Norbert Schlenker, a few members recently notified us they weren't receiving emails. The server admin (mingstar) made some adjustments today to fix the problem.


What e-mails? Are there specific e-mails related to this contest? If so, I Have not received.
by tj
Wed May 20, 2015 8:51 am
Forum: Investing - Help with Personal Investments
Topic: What to do with 5M?
Replies: 93
Views: 15411

Re: What to do with 5M?

100k in individual equities leftover from advisor - holding until I can sell portions for zero cap gains and buy VTSAX


If I understand this correctly, you are waiting for these investments to lose money in order to sell them. Is this really a smart thing?
by tj
Tue May 19, 2015 11:55 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri Launching A Robo Advisory
Replies: 12
Views: 2866

Re: Rick Ferri Launching A Robo Advisory

I've been waiting to see this launch as we've heard Rick make rumblings about it. I would most likely switch my small-ish Betterment account to Rick, but perhaps not my Vanguard IRA's To date, Rick has been against Bond ETFs. Does he plan to use Bond ETFs for this or has he found a way to lower tran...
by tj
Tue May 19, 2015 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 165
Views: 19809

Re: much ado about coasting (through life)

Why exactly am I anxious to quit the interesting, well-paying career I spent so many years building? My schedule is flexible, my boss is nice, and I work close to home. I already spend too many hours watching TV, reading the internet, and drinking with friends to be honest. My reaction to this is t...
by tj
Tue May 19, 2015 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Personal Advisor Recommendations
Replies: 22
Views: 4832

Re: Vanguard's Personal Advisor Recommendations

Since her fees are tax deductible


...only in the sense that it reduces your profits and thus reduces your taxes owed.
by tj
Mon May 18, 2015 10:51 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 383
Views: 38819

Re: Schwab Intelligent Portfolios [now live]

looking wrote:there is no free lunch



Then how do you explain the "Buy 10, Get 1 Free" for chicken bowls at Flame Broiler? :D
by tj
Sun May 17, 2015 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Which online banks accept incoming wires (and are generally good).
Replies: 19
Views: 1227

Re: Which online banks accept incoming wires (and are generally good).

rec7 wrote:
555 wrote:Hmmm, Alliant and Ally are very similar names, but I assume there's no connection, right?

Ally is a bank Alliant is a credit union.


The quoted response doesn't specify it, but these institutions have absolutely nothing to do with each other.
by tj
Sun May 17, 2015 3:38 pm
Forum: Personal Consumer Issues
Topic: Paying or Not Paying Extra for Amazon Delivery
Replies: 19
Views: 2028

Re: Paying or Not Paying Extra for Amazon Delivery

I don't pay anything for Prime. My parents have a prime account for the video or hwatever and added me as a family member. I don't get the video or streaming music, but I get the fast shipping. Soemtimes they'll give you a $1 in MP3 credit to take slower shipping, but when I've done that, the items ...
by tj
Sat May 16, 2015 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth: Schooling my CPA and getting charged for it!
Replies: 134
Views: 9704

Re: Backdoor Roth: Schooling my CPA and getting charged for it!

Tax saving would be placing the money contributions back into the traditional IRA because there is no tax benefit in putting it in a roth IRA. Client disagreed because he wanted benefits of the roth IRA, so the CPA agreed if that is his goal then he is fine with it. Where does it state the CPA sugg...
by tj
Fri May 15, 2015 12:06 am
Forum: Investing - Help with Personal Investments
Topic: Annuity with UBS!!!
Replies: 20
Views: 2013

Re: Annuity with UBS!!!

The surrender schedule is 7.5% to 7/11/15, reduces to 6.5% to 7/11/16, and 5.5% to 7/11/17 after that point there is no surrender charge. That is worth waiting out. You will lose 7.5% for holding the annuity for a bit over two years, and I don't think the extra costs are 3.75%. (Usually, surrender ...
by tj
Wed May 13, 2015 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Philosophies of frugality.
Replies: 60
Views: 5823

Re: Philosophies of frugality.

Yes the small things (like coffee) can add up. But I think a better route is to concentrate on the big buckets. The 3 biggest expenditures most people have are taxes, home, and cars, in that order. As for taxes, contribute to tax privileged retirement accounts, get whatever match is offered. There ...
by tj
Tue May 12, 2015 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Which Company Do You Have Auto Insurance With?
Replies: 105
Views: 5339

Re: Which Company Do You Have Auto Insurance With?

Grange. I do not want to hijack the thread. If you do put USAA, could you give a little input on your experience. I have priced USAA and it is a little more expensive. I have heard some really great things, but recently, in reading other reviews, I have also heard mixed results. Thanks That's shock...
by tj
Tue May 12, 2015 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 201
Views: 37580

Re: Share your networth progression

I didn't start really keeping track until the middle of 2010 at the age of 25. 7/1/10 - $44k 1/1/11 - $69k (I think this increase is a combination of bull market and I bought a new car towards the end of 2010) 1/1/12 - $79k (In late '11 I refinanced condo loan from 30 year 5.25% to 15 year 3.625%) 1...
by tj
Sun May 10, 2015 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Philosophies of frugality.
Replies: 60
Views: 5823

Re: Philosophies of frugality.

Unless your career is so demanding that your younger self needs an affordable, luxurious vacation once in a while, I offer this: Expand on the idea of experiences building better memories than things; there may be times in life when certain experiences may provide a greater bang for your buck, time...
by tj
Sun May 10, 2015 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Sell my condo or rent it out?
Replies: 25
Views: 2154

Re: Sell my condo or rent it out?

Carefreeap wrote:I'm still waiting to hear from my CPA source.

They seem to all go on vacation after 4/15. :wink:



Looking forward to the information.
by tj
Sun May 10, 2015 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Philosophies of frugality.
Replies: 60
Views: 5823

Re: Philosophies of frugality.

Long time ago, one article said you don't need to have a car loan for your second car if you save or invest each month the same amount of the monthly payment of your first car. Don't be fooled by the low interest rate of the car loan, if you pay cash you can bargain down the price. Actually, you ca...
by tj
Sun May 03, 2015 1:41 am
Forum: Investing - Help with Personal Investments
Topic: Intermediate Grade Corp vs Intermed Grade Investment?
Replies: 16
Views: 1642

Re: Intermediate Grade Corp vs Intermed Grade Investment?

im curious what the other 2 active funds they suggested for you
by tj
Fri May 01, 2015 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Record Keeping Fee
Replies: 82
Views: 6600

Re: 401k Record Keeping Fee

Why doesn't it make sense? my for-profit private employer doesn't match. They can still offer the benefit of contributing for those who want it...why wouldnt they? The question is why would an employee contribute to the company plan when he can get a much better deal in a traditional IRA. A non com...
by tj
Fri May 01, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Record Keeping Fee
Replies: 82
Views: 6600

Re: 401k Record Keeping Fee

You're suggesting that it's okay to spend $500 for floormats for a $50K car because $500 is a small percentage of $50K No I'm not. I'm suggesting that If your 401k total expenses are less than 30 bps you are doing far better than 80%-90% of America and you shouldn't be complaining. You could certai...
by tj
Fri May 01, 2015 3:48 pm
Forum: Personal Consumer Issues
Topic: Can you see the Mayweather fight for less than $99?
Replies: 39
Views: 3544

Re: Can you see the Mayweather fight for less than $99?

This is probably the biggest fight in the last 30 years and is expected to shatter the previous pay per view record.


Is there a particular reason people care about this fight?

I am admittedly ignorant to boxing....
by tj
Fri May 01, 2015 3:43 pm
Forum: Personal Consumer Issues
Topic: Buying a new Honda Civic or keeping the old lexus...
Replies: 25
Views: 1727

Re: Buying a new Honda Civic or keeping the old lexus...

I'm not sure I agree with waiting for the first model year in the next generation of Civic. I wouldn't want to essentially be a beta tester....
by tj
Fri May 01, 2015 1:10 pm
Forum: Personal Consumer Issues
Topic: Things to do in Maui
Replies: 20
Views: 1651

Re: Things to do in Maui

I will be in Maui for four days this summer. Where should I stay? What things do I absolutely have to see or visit? There's really no limit to what you could do. I'm headed to Maui tomorrow for a week. I mean, you could spend the whole time at the beach if you wanted to. http://www.warrenandannabel...
by tj
Fri May 01, 2015 1:08 pm
Forum: Personal Consumer Issues
Topic: what deductible for HO insurance is most cost-effective?
Replies: 8
Views: 567

Re: what deductible for HO insurance is most cost-effective?

For my condo insurance, the difference between the premium for $250 deductible and $1000 deductible was statistically insignificant enough that if I kept the $250 deductible as I would only need one high-dollar claim over my lifetime to come out ahead. In other words, if I need a $20k repair, a $197...
by tj
Thu Apr 30, 2015 12:18 am
Forum: Personal Consumer Issues
Topic: New car every 5 years instead of 10?
Replies: 129
Views: 9926

Re: New car every 5 years instead of 10?

If happiness is just a purchase away, retirement is just the opposite. If I replaced my 11 year old truck with a new one, registration fees would quadruple, taxes would be close to $4,000, and insurance rates would increase a lot. I'd rather have a bit more retirement time than a shiny new vehicle....
by tj
Wed Apr 29, 2015 10:00 pm
Forum: Personal Consumer Issues
Topic: New car every 5 years instead of 10?
Replies: 129
Views: 9926

Re: New car every 5 years instead of 10?

Its not all about saving. Let's assume the OP is a zillionaire. Why would someone with a huge nest egg worry about savings a few thousand $$? I'd worry more about reliability and performance. So yes, donate the old car to charity and upgrade to a new one once the tires start to go. I'd do this myse...
by tj
Wed Apr 29, 2015 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Spendy spouse
Replies: 110
Views: 10765

Re: Spendy spouse

Something more to consider is that the next time she comes home from work complaining about her job and how much she hates it, show her Mr. Money Mustache's blog, and how a guy and his family where able to retire in their early 30s with 1/3 the salary that you two bring home. Apples to Oranges, I t...
by tj
Wed Apr 29, 2015 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Sell my condo or rent it out?
Replies: 25
Views: 2154

Re: Sell my condo or rent it out?

And don't forget that once the unit is placed into rental service (rule change effective 1/1/2009) and you qualify for the 2 out of 5 rule you will still need to bifurcate the gain between the time it was your residence and rental service and will need to pay cap gains tax for the time it was in re...
by tj
Tue Apr 28, 2015 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Sell my condo or rent it out?
Replies: 25
Views: 2154

Re: Sell my condo or rent it out?

And don't forget that once the unit is placed into rental service (rule change effective 1/1/2009) and you qualify for the 2 out of 5 rule you will still need to bifurcate the gain between the time it was your residence and rental service and will need to pay cap gains tax for the time it was in re...
by tj
Tue Apr 28, 2015 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Sell my condo or rent it out?
Replies: 25
Views: 2154

Re: Sell my condo or rent it out?

I was in a similar situation in 2009. I wasn't able to sell it for the price I want so I rented it for 2 years. Renting out turns out to be a great option for me. 1. 2 years rental income was great. 2. The condo went up those 2 years. Your mileage may vary 3. Need to sell it within 3 years to claim...
by tj
Tue Apr 28, 2015 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Sell my condo or rent it out?
Replies: 25
Views: 2154

Re: Sell my condo or rent it out?

haserm wrote:Thanks for all the input. With respect to no longer being able to claim the deductions, is that true?


You'll deduct it against your rental income.
by tj
Tue Apr 28, 2015 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Sell my condo or rent it out?
Replies: 25
Views: 2154

Re: Sell my condo or rent it out?

I was in a similar situation in 2009. I wasn't able to sell it for the price I want so I rented it for 2 years. Renting out turns out to be a great option for me. 1. 2 years rental income was great. 2. The condo went up those 2 years. Your mileage may vary 3. Need to sell it within 3 years to claim...
by tj
Mon Apr 27, 2015 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Record Keeping Fee
Replies: 82
Views: 6600

Re: 401k Record Keeping Fee

That sounds like a bargain to me. Mine is 75bps. If my account value is $30k, I pay $225/year in garbage costs vs if it were in an IRA. The tax deduction is worth it. I suspect you're conflating or commingling record keeping expenses with other administrative, custodial and/or investment expenses. ...
by tj
Sun Apr 26, 2015 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use Roth funds for new car (lump sum) purchase?
Replies: 15
Views: 1296

Re: Should I use Roth funds for new car purchase?

A day later I went in to pick up the car with my checkbook ready. He said, "Oh, how about a loan instead? It will make this all easier." Huh? I am super puzzled by this guy's remark. At the point where you have your checkbook ready, how could applying for a loan "make all this easier...
by tj
Sun Apr 26, 2015 11:57 am
Forum: Personal Finance (Not Investing)
Topic: 401k Record Keeping Fee
Replies: 82
Views: 6600

Re: 401k Record Keeping Fee

That sounds like a bargain to me. Mine is 75bps. If my account value is $30k, I pay $225/year in garbage costs vs if it were in an IRA. The tax deduction is worth it. It's just a tax deferment; they force taxes on those who live too long with minimum distributions starting at age 70. Couple that wi...
by tj
Sat Apr 25, 2015 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Record Keeping Fee
Replies: 82
Views: 6600

Re: 401k Record Keeping Fee

I missed some important data in The 401k Averages Book, 12th Edition . As I was getting ready to return the book I glanced at the index and noticed they list the larger plans in the middle of the book not at the end. Odd... In any case, for plans with 2000 participants and $100M in assets ($50K ave...
by tj
Sat Apr 25, 2015 9:18 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 108
Views: 18696

Re: My New Car Buying Tips

My sister is looking for a specific colored Passat with specific color interior with navigation and sun roof. I could only locate 2 VIN #s of her requirements out of hte 10 or so region VW dealers. Because of the lack of supply, I am not sure if there is really room to negotiate, unlike a Civic wher...
by tj
Fri Apr 24, 2015 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Cost to setup a Living Trust?
Replies: 29
Views: 2237

Re: Cost to setup a Living Trust?

kaneohe wrote:
mjdaniel wrote:I used these guys in 1998, Saratoga, CA. http://affordablelivingtrusts.com/


Any comments about the process/product/service?


Is there an age or asset level when one "should" create a living trust?

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