Search found 1409 matches

by FelixTheCat
Wed Jun 21, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Financial advisor question
Replies: 46
Views: 2976

Re: Financial advisor question

Here's how you start to look at expenses. I took one of you funds Gabelli Small Cap Growth C GCCSX and looked it up on morningstar http://www.morningstar.com/funds/XNAS/GCCSX/quote.html You are paying a 1% front-end load. Contribute $100 and only $99 is invested. Your fund charges you 2.14% annually...
by FelixTheCat
Tue Jun 20, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Has Vanguard gotten too big?
Replies: 30
Views: 4021

Re: Has Vanguard gotten too big?

Am I the only one that has had excellent customer service? I call and they answer. I write and they respond.
by FelixTheCat
Mon Jun 19, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Question about a Will
Replies: 9
Views: 938

Re: Question about a Will

goblue100 wrote:I'm pretty sure your fathers will only controls what happens when he dies. Your step mothers will and or trust will control what happens to HER estate when she passes.

This is my understanding as well.
by FelixTheCat
Mon Jun 19, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: 19 y/o Windfall Questions
Replies: 25
Views: 2898

Re: 19 y/o Windfall Questions

Tax efficient is Total Stock Market Index and maybe a short/intermediate term municipal bond fund for a 10 year investment horizon.

Liquid is a FDIC insured savings account.
by FelixTheCat
Fri Jun 16, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 75
Views: 4954

Re: AAA Cost

$7.38 annually for State Farm's Emergency Roadside service. I got tired of paying AAA's fee and rarely using it.
by FelixTheCat
Fri Jun 16, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 95
Views: 7935

Re: Anyone else gotten totally bored with investing?

Yes! I used to love reading. I was enthusiastic about evangelizing the Boglehead way! My investments are on auto-pilot. Most people I've encountered are not motivated or too confused about investing. Now, I only check the boards once in a while to help the people wanting to know. The good news is I ...
by FelixTheCat
Fri Jun 16, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Direct CD vs. Brokered CD
Replies: 18
Views: 1468

Re: Direct CD vs. Brokered CD

I really like the brokered CDs through Fidelity. I would be hard pressed to go about the hassle of direct CD purchases ever again. The secondary offerings are very attractive. I picked up a 5 year 2.49% one for 50K on Monday. The 2.49 factors in the $1 per 1000 I had to pay to purchase the CD. The ...
by FelixTheCat
Fri Jun 16, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 16214

Re: Poll: 401K Match

No match. There is profit sharing.
by FelixTheCat
Fri Jun 16, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: How many of you have rentals (i.e. you're a landlord)? Are they worth it?
Replies: 74
Views: 5036

Re: How many of you have rentals (i.e. you're a landlord)? Are they worth it?

I am not the type that likes screening tenants, doing maintenance, etc. I have a good property manager. My rental is worth it.

On the other hand, I've never crunched the numbers. Would I make more $$$ if I sold the place and put the equity in a mutual fund?
by FelixTheCat
Thu Jun 15, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 88
Views: 4748

Re: Curious to odd estate question

All of my ideas come from the movie Brewster's Millions. :D
by FelixTheCat
Thu Jun 15, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Child reaching majority Custodian Acct- fund advice TRowePrice
Replies: 11
Views: 686

Re: Child reaching majority Custodian Acct- fund advice TRowePrice

Look for a Total Stock Market index OR S&P 500 index fund with low expenses. Here's a suggestion http://www3.troweprice.com/fb2/fbkweb/snapshot.do?ticker=POMIX For you Boglehead education, look at the expense ratio. 0.30% is $30 annual expenses on $10,000. Vanguard has the same fund VTSMX for .1...
by FelixTheCat
Thu Jun 15, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: Do you like receiving email confirmations of online transactions?
Replies: 21
Views: 1044

Re: Do you like receiving email confirmations of online transactions?

I want the email confirmations in case I wasn't the one doing the transaction. It is a security thing for me.
by FelixTheCat
Wed Jun 14, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Direct CD vs. Brokered CD
Replies: 18
Views: 1468

Re: Direct CD vs. Brokered CD

Simplicity is the one advantage I see having brokered CDs at Fidelity. For example, you can have all of your CDs with FDIC insurance at Fidelity for 5 million or less. Fidelity works with 20 institutions and will ensure you do not breach the 250K limit at each institution. Caveat: I can't remember i...
by FelixTheCat
Mon Jun 12, 2017 5:50 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2997

Re: Got a parking ticket - what to do?

Type and mail in the response "Not paying. Find me if you can." :D

It appears someone else got the ticket and placed it on your car.
by FelixTheCat
Sun Jun 11, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: House improvements or Auto loan [What to do with 37K]
Replies: 1
Views: 280

House improvements or Auto loan [What to do with 37K]

I have been saving for a new kitchen, bathroom and flooring. I have 37k saved at 1% interest.

My car recently died so I went out and bought a new car. 28k at 2% financing for 5 years.

Should I pay off my car? Should I continue to save for kitchen and bathrooms? Heloc for house?
by FelixTheCat
Sun Jun 11, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property Repairs - Whose to Pay?
Replies: 32
Views: 2739

Re: Rental Property Repairs - Whose to Pay?

I have a rental in San Diego. Those sound like normal wear and tear. Fix it and write it off on your taxes.
by FelixTheCat
Thu Jun 08, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Recession Planning
Replies: 35
Views: 2474

Re: Recession Planning

Have any of you spent time thinking about how your financial actions including investing would be different in case of a recession? Other than setting up a solid emergency fund, and practicing living below ones means, how would one plan for to reduce impacts of recission like job loss? I have a per...
by FelixTheCat
Thu Jun 08, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Any tips on creating a budget for a SAHM ?
Replies: 24
Views: 1774

Re: Any tips on creating a budget for a SAHM ?

YNAB. Online version. You can sync the budget data to your phone. This way SAHM can look to see if there is money in the budgeted category before spending.
by FelixTheCat
Wed Jun 07, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Earthquake insurance in SOCAL
Replies: 28
Views: 1470

Re: Earthquake insurance in SOCAL

I knew people that lived through the 1994 Northridge, CA earthquake. A lot of homes were damaged (not destroyed) ~ think 100K in 1994 dollars. What would you do if you had 1) Equity and 2) Investments? Walk away? Wait for the financial hounds to pursue you? Take the hit on your credit? Fix your home...
by FelixTheCat
Wed Jun 07, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 3125

Re: Budgeting

I've been through it all. IF we are only discussing budgeting and nothing else, get YNAB.
by FelixTheCat
Wed Jun 07, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on emergency account amount.
Replies: 22
Views: 2302

Re: Thoughts on emergency account amount.

What do you consider an emergency? Job loss? Medical not covered by insurance? New car? I would write down exactly what categories are in the fund. Figure the cost and fund it.

The standard answer is three-to-six months of expenses.
by FelixTheCat
Mon Jun 05, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: Mouse In Apartment
Replies: 39
Views: 3772

Re: Mouse In Apartment

Use snap traps with peanut butter.
by FelixTheCat
Fri Jun 02, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Ultra-Short-Term Bond Fund now available
Replies: 71
Views: 15296

Re: Vanguard Ultra-Short-Term Bond Fund now available

Doc wrote:
FelixTheCat wrote:The fund has to pay >= inflation.

Why?

What's the point of losing money? Savings accounts pay 1%. Inflation is 2%. Your buying power loses over the long term.
by FelixTheCat
Fri Jun 02, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: Dealing with Impatience reaching financial goals
Replies: 30
Views: 3229

Re: Dealing with Impatience reaching financial goals

Financial goals are a long term race. I try to focus on exercise, eating better and visiting friends.
by FelixTheCat
Thu Jun 01, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Ultra-Short-Term Bond Fund now available
Replies: 71
Views: 15296

Re: Vanguard Ultra-Short-Term Bond Fund now available

The fund has to pay >= inflation.
by FelixTheCat
Thu Jun 01, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Drowning in debt
Replies: 52
Views: 4615

Re: Drowning in debt

What did you purchase with the $140k HELOC? For privacy, I don't wish to disclose it here. I can say it is an asset that I expect to appreciate at 5% per year and costs next to nothing to keep. My suggestions: Sell the asset. Pay off the HELOC. Close down the HELOC. Build up an emergency fund. I su...
by FelixTheCat
Thu Jun 01, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help me decide how my Fidelity 2% Cashback rewards should be invested plz.
Replies: 20
Views: 1588

Re: Help me decide how my Fidelity 2% Cashback rewards should be invested plz.

How about a tax efficient growth vehicle such as Total Stock Market index or S&P 500 index? Look at Fidelity transaction free ETFs.
by FelixTheCat
Wed May 31, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: IBonds count as part of bond allocation?
Replies: 12
Views: 781

Re: IBonds count as part of bond allocation?

Buying I Bonds can be set on a schedule.
by FelixTheCat
Sun May 28, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: i just changed all my passwords
Replies: 30
Views: 3358

Re: i just changed all my passwords

I get daily reports on how website hackers try to take down my sites.

Everyone should be using a password generator to make those long mixed case numeric symbol hieroglyphics passwords.
by FelixTheCat
Sun May 28, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 52
Views: 5042

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

Every time I think about diversifying my brokerage firms I usually end up back at Vanguard. They have all of the low-cost index funds. Vanguard may be going through some growing pains. I believe it's because Vanguard has excellent products. Also, Buffett endorsed them and a lot of people are putting...
by FelixTheCat
Thu May 25, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: Is rebalacing only about risk?
Replies: 66
Views: 4325

Re: Is rebalacing only about risk?

David Jay wrote:
desiderium wrote:You are in your 50's, unhappy with working too much all your life and are feeding the fantasy of retirement


hey, mind your own business...

:wink:

+1 :sharebeer
by FelixTheCat
Tue May 23, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 54
Views: 4001

Re: How to Invest Church Money

I read an article about helping people. The article was discussing the role of charities versus the government. The article indicated during good financial times people were inclined to give. During poor financial times people held on to their money. I assume this is the same with church donations. ...
by FelixTheCat
Tue May 23, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: To me this is the most significant investment lesson ever
Replies: 16
Views: 2946

Re: To me this is the most significant investment lesson ever

I ran this theory in portfolio visualizer. A million dollar portfolio invested in May 1992.
    100% Total Stock Market Index is worth $8,771,685 today.
    100% Total Bond Market Index is worth $3,569,217 today.
I think that is a bit of a difference in asset allocation.
by FelixTheCat
Thu May 18, 2017 5:08 pm
Forum: Personal Consumer Issues
Topic: Neighbor draining onto / flooding my patio and yard daily - what can I do?
Replies: 59
Views: 5026

Re: Neighbor draining onto / flooding my patio and yard daily - what can I do?

rustymutt wrote:You need to have a French drain installed. Fixed.

+1 The drain should correct your issue.
by FelixTheCat
Wed May 17, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting brokerage account- questions
Replies: 20
Views: 1110

Re: Inheriting brokerage account- questions

Why is this taking so long? Probate is usually one year.
by FelixTheCat
Wed May 17, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 5977

Re: Convince me to get back into stocks!

amd7239 wrote:I am 27 and have about $50k to invest (in my 401k)

Don't get into the stock market unless plan to be invested for 10 years. You have around 40 years until retirement. I think you are good to invest it and forget it! :D
by FelixTheCat
Wed May 17, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7694

Re: Article: "Our emergency fund is exactly $0.00"

Remember 2008?
    You lost your job.
    You are losing your house.
    Stock Market is down 37%.

How is a six month cash emergency fund looking now?
by FelixTheCat
Mon May 15, 2017 1:17 pm
Forum: Personal Consumer Issues
Topic: Where do you get your tea ?
Replies: 23
Views: 2095

Re: Where do you get your tea ?

I buy my tea from https://www.madmonktea.com/
by FelixTheCat
Fri May 12, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course with our plan
Replies: 16
Views: 1115

Re: Staying the course with our plan

What motivates you to stay the course with your financial plans? When is it okay to indulge and treat yourself? My motivation is fear based. I have seen too many people lose their jobs or house over the decades. I've read about about people that have no savings, rely on the government or simply do ...
by FelixTheCat
Thu May 11, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: House Deed Covenant Enforceability
Replies: 43
Views: 3355

Re: House Deed Covenant Enforceability

it appears the best route would be to place a 10 year mortgage on the home and pay off all the high interest credit cards. No. Don't even think about this one second longer. Use the Dave Ramsey snowball effect on paying off credit cards. https://www.daveramsey.com/blog/get-out-of-debt-with-the-debt...
by FelixTheCat
Thu May 11, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: House Deed Covenant Enforceability
Replies: 43
Views: 3355

Re: House Deed Covenant Enforceability

it appears the best route would be to place a 10 year mortgage on the home and pay off all the high interest credit cards. No. Don't even think about this one second longer. Use the Dave Ramsey snowball effect on paying off credit cards. https://www.daveramsey.com/blog/get-out-of-debt-with-the-debt...
by FelixTheCat
Wed May 10, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: international stocks poised to outperform US ???
Replies: 80
Views: 6188

Re: international stocks poised to outperform US ???

You could always go with Bogle and Buffett's advice.
by FelixTheCat
Wed May 10, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: 18" vs 20" Tires
Replies: 39
Views: 2339

Re: 18" vs 20" Tires

Thanks for all of the feedback. I truly appreciate the help.
by FelixTheCat
Tue May 09, 2017 6:28 pm
Forum: Personal Consumer Issues
Topic: Fitbit Blaze vs Apple Watch
Replies: 24
Views: 2007

Re: Fitbit Blaze vs Apple Watch

I have a Fitbit Charge syncing with an IPhone 6 Plus. Works well for me.
by FelixTheCat
Tue May 09, 2017 6:24 pm
Forum: Personal Consumer Issues
Topic: 18" vs 20" Tires
Replies: 39
Views: 2339

18" vs 20" Tires

I am thinking about buying a new SUV. I see the same car at two different dealers with the exception of wheel/tire size. SUV #1 has 18" Painted Aluminum Wheels SUV #2 has 20" Polished Aluminum Wheels for $1,295 more. How does the SUV handle on different tires sizes? Is 18" more for co...
by FelixTheCat
Mon May 08, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Will and Estranged Child advice
Replies: 44
Views: 4026

Re: Will and Estranged Child advice

I too have an estranged child and read Beyond the Grave. Here are some options: Sprinkle Trust. You let a professional trustee like Vanguard manage the share of the inheritance for the estranged child. The estranged child must petition the executor for money based on her needs. Generation Skipping T...
by FelixTheCat
Fri May 05, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: Tips From Older Bogleheads?
Replies: 52
Views: 4574

Re: Tips From Older Bogleheads?

Invest early and often. Pay yourself first. Live within your means. Stick with a couple of index funds. Marry the right person. Eat clean. Exercise. Vacation. Get a dog. Never buy cheap booze. The headaches are not worth it. :shock: Give back to the world. Always pass on what you have learned. – Yoda
by FelixTheCat
Fri May 05, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18598

Re: Why save so much for when you're old?

Tycoon wrote:Compounding money over time would be a good reason.

+1

“The most powerful force in the universe is compound interest” – Albert Einstein

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