Search found 197 matches

by FoolStreet
Tue Feb 09, 2016 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell investment property
Replies: 15
Views: 982

Re: Should I sell investment property

If you keep the current primary home as a hopeful/probable rental when you go to buy the million dollar home, it will likely count against you when you go to qualify for the new one without a long rental history on it. That combined with the tax exemption makes selling all three look more attractiv...
by FoolStreet
Mon Feb 08, 2016 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell investment property
Replies: 15
Views: 982

Re: Should I sell investment property

If you keep the current primary home as a hopeful/probable rental when you go to buy the million dollar home, it will likely count against you when you go to qualify for the new one without a long rental history on it. That combined with the tax exemption makes selling all three look more attractiv...
by FoolStreet
Mon Feb 08, 2016 11:12 pm
Forum: Personal Consumer Issues
Topic: Personal property inventory
Replies: 12
Views: 1408

Re: Personal property inventory

kcb203 wrote:I found this post on reddit by an insurance adjuster fascinating.

https://www.reddit.com/r/personalfinanc ... in_a_fire/

He goes through and explains how much money you'll get for a toaster based on the description in the claim as an example.


Wow
by FoolStreet
Mon Feb 08, 2016 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Home and Invest Proceeds or Stay Put?
Replies: 41
Views: 2975

Re: Sell Home and Invest Proceeds or Stay Put?

One of the things I like about good financial forums is to explore what other viable options are out there that I haven't thought of. It looks like you're in a sweet spot now. You can re-evaluate again in a few years. You may have some milestone event like getting married or in our case relocating ...
by FoolStreet
Mon Feb 08, 2016 10:15 pm
Forum: Personal Consumer Issues
Topic: generator [Thinking about a generator]
Replies: 33
Views: 1535

Re: generator [Thinking about a natural gas powered generator]

Any experience or advice in using a Prius?
by FoolStreet
Sat Feb 06, 2016 12:13 am
Forum: Investing - Help with Personal Investments
Topic: when is the right time to do a planned shift in AA
Replies: 8
Views: 663

Re: when is the right time to do a planned shift in AA

I am thinking of the exact same question. I'm at something like 80:20 and should be 78:22. I think the theoretical answer in your case is to just do it now and pull the band aid off quick. My mind is playing tricks on me as follows: "Wait, don't sell stocks to buy bonds now, when stocks are dow...
by FoolStreet
Thu Feb 04, 2016 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Sell Home and Invest Proceeds or Stay Put?
Replies: 41
Views: 2975

Re: Sell Home and Invest Proceeds or Stay Put?

Does anyone have any other input to consider in response to my thoughts over the past few posts? I live in the Bay Area and own a rental and have considered buying more. In your shoes, a 30 yr old starting your career with the house after living there for 2 years, I would plan to stay in the Bay Ar...
by FoolStreet
Thu Feb 04, 2016 10:47 am
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 110
Views: 6040

Re: Sibling's destination wedding?

We were in a similar situation. It was during th economic downturn a few years ago and we just couldn't budget it. It was financially risky for us, and conflicts slightly with school. The destination was not a family destination. I hemmed and hawed but did not go. Fast forward, the economy is better...
by FoolStreet
Thu Feb 04, 2016 1:10 am
Forum: Personal Consumer Issues
Topic: Xfinity X1 Remote Question
Replies: 19
Views: 1267

Re: Xfinity X1 Remote Question

Am I the only one who hates that as soon as you turn on the tv with the remote, it starts blaring some random channel. I come from the Netflix and FireTV world where I can browse quietly before selecting a show. I am happy to pay modestly for cable service, but the whole concept of a DVR aggravates...
by FoolStreet
Wed Feb 03, 2016 5:13 pm
Forum: Personal Consumer Issues
Topic: Xfinity X1 Remote Question
Replies: 19
Views: 1267

Re: Xfinity X1 Remote Question

Am I the only one who hates that as soon as you turn on the tv with the remote, it starts blaring some random channel. I come from the Netflix and FireTV world where I can browse quietly before selecting a show. I am happy to pay modestly for cable service, but the whole concept of a DVR aggravates ...
by FoolStreet
Thu Jan 28, 2016 2:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: Palo Alto, CA - Initial Meeting of Bogleheads?
Replies: 2
Views: 405

Re: Palo Alto, CA - Initial Meeting of Bogleheads?

Sure. traffic is nasty but let's see if we can make it work. Topic ideas?
by FoolStreet
Fri Jan 15, 2016 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me about Expected Family Contribution for college
Replies: 59
Views: 3335

Re: Tell me about Expected Family Contribution for college

, Check this out: (courtesy of klangfool) http://taxfoundation.org/article/2016-tax-brackets Money goes into 401k at your highest tax rate(marginal, not effective). When you withdraw, you have no other income. The first 18k for a married couple is taxed at 10%. After you average each tier, you get ...
by FoolStreet
Fri Jan 15, 2016 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me about Expected Family Contribution for college
Replies: 59
Views: 3335

Re: Tell me about Expected Family Contribution for college

Regarding marginal tax rates, the key to withdrawing 401k is to remember that you are contributing money at your highest marginal tax rate, but withdrawing at your effective tax rate. This is a huge point. Can you explain this comment please? When I contribute, I do not pay me effective rate of tax...
by FoolStreet
Fri Jan 15, 2016 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me about Expected Family Contribution for college
Replies: 59
Views: 3335

Re: Tell me about Expected Family Contribution for college

Klangfool has some really good points and it is why I don't have a 529 either. I max my 401k. And max my backdoor Roth. In fact, I would rather do a mega backdoor Roth than 529. If my 401k is the size of a normal 401k plus extra that would otherwise go to 529, it doesn't matter. Money is fungible. I...
by FoolStreet
Wed Jan 13, 2016 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Deed in 2 peoples name that aren't married
Replies: 59
Views: 4628

Re: Deed in 2 peoples name that aren't married

I don't know all the details but I'm guessing she intentionally added him to the deed at the time but the relationship went bad. At the time, she went on his word that he would leave and sign the deed over to her which doesn't look like it will happen. You don't think it's as simple as showing that...
by FoolStreet
Sun Jan 10, 2016 11:46 am
Forum: Personal Consumer Issues
Topic: Alaska in July, first time RV
Replies: 55
Views: 2667

Re: Alaska in July, first time RV

Does anyone have recommendations for people who can help map out potential backpacking routes and make campsite reservations for us? It seems like there are outfits that will offer tours at great expense, but we are experienced backpackers who just don't have the time to deal with ranger offices or ...
by FoolStreet
Mon Jan 04, 2016 7:54 pm
Forum: Investing - Theory, News & General
Topic: Thanks China!
Replies: 40
Views: 5270

Re: Thanks China!

Thanks for pushing markets down today! My yearly IRA contributions will hit at market close NAVs today... keep on droppin'! :sharebeer Anyone else liking today's downward move? :beerCheers, packet I don't like it so much. Would be better tomorrow. You see, the money goes into Prime MMF in the tradi...
by FoolStreet
Thu Dec 24, 2015 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Tips vs Stable Value
Replies: 1
Views: 259

Tips vs Stable Value

I am 80:20 stock :bond. 4% is in my 401k TIPS fund. Rest of Fixed Income is TBM. Early 40s. Admittedly, I constantly second guess myself as to why. I tend to think that I should get inflation protection on the equity side, but TIPS are a Boglehead recommended tradition. I have 4% because I figure th...
by FoolStreet
Sat Dec 12, 2015 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my parents see the light with Ameriprise
Replies: 75
Views: 8240

Re: Helping my parents see the light with Ameriprise

Good luck. Be careful. If you worry about your email, does that mean you aren't talking? People have an inner circle and outer circle. Your parents may shave the advisor in the inner circle. If you don't manage the emotional, subjective messages, you could easily be relegated to oyter circle. Are yo...
by FoolStreet
Sat Dec 12, 2015 12:58 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau on Reverse Mortgages
Replies: 41
Views: 3943

Re: Wade Pfau on Reverse Mortgages

While, I can see the benefits, in theory, I also put this in the category of, "there is a reason casinos offer cheap buffets way in the back." You can get a good deal, but you need to make sure you are precise and don't get distracted.
by FoolStreet
Sat Oct 31, 2015 7:48 am
Forum: Personal Consumer Issues
Topic: Leasing a Lexus
Replies: 12
Views: 1833

Re: Leasing a Lexus

I would be surprised if 3rd party leasing is better. I would google the year and model plus the word money factor. In my experience, that takes me to the Edmunds forums. In addition to club lexis, I would check there. Also, look for any other enthusiast forums and see if there is an online Lexus dea...
by FoolStreet
Wed Oct 28, 2015 8:31 pm
Forum: Personal Consumer Issues
Topic: Help me decide between Lexus GX460 and Toyota Highlander (Hybrid/Non-Hybrid)
Replies: 75
Views: 7525

Re: Help me decide between Lexus GX460 and Highlander Hybrid

Consider the stripped down Audi Q7 diesel. Same price as hybrid highlander and as good hwy mileage. Do you really need a Nav with Waze on your iPhone?
by FoolStreet
Sat Sep 26, 2015 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual - investment advice
Replies: 39
Views: 2188

Re: Northwestern Mutual - investment advice

Thanks. Not sure I understand. You are saying instead of investing in the target date fund or life strategy fund, that I should consider investing in a stock index fund. In my report that I got from the NWM rep, it recommended an 80/20 split with the following breakdown. So are you recommending tha...
by FoolStreet
Tue Sep 15, 2015 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody invested in VUSUX/VUSTX? Long Term Treasury Index
Replies: 7
Views: 618

Re: Anybody invested in VUSUX/VUSTX? Long Term Treasury Index

It generally tracks (inversely) the 10yr treasury yield rate. The more important question is, why did you buy this fund in the first place? If that reason hasn't changed, then it shouldn't really matter what the fed does this week in my opinion. Also, this fund is not an index fund. Thanks saltycap...
by FoolStreet
Tue Sep 15, 2015 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Help: CD vs. State Tax Exempt Bond vs. Fed Tax Exempt Bond
Replies: 11
Views: 922

Re: Help: CD vs. State Tax Exempt Bond vs. Fed Tax Exempt Bond

From a recent house sale, I have some funds to deploy according to my AA. I will not use this fund for the next house downpayment so won't touch this for a long time (10+yrs). For the Bond/Safe allocation in non-tax sheltered space, which choice makes the most sense at this time for high tax bracke...
by FoolStreet
Mon Sep 14, 2015 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Paying mortgage down to $1M - am I thinking about this correctly?
Replies: 26
Views: 4745

Re: Paying mortgage down to $1M - am I thinking about this correctly?

This post was great timing. Am also sitting on mortgage of 1.23M at 3.625% and debating about whether to 1) apply large lump sum to bring it down to 1.1M and /or 2) prepay by sending more per month. I know there are lots of posts about prepayments and the like, but I feel it's a total different bal...
by FoolStreet
Fri Sep 11, 2015 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Paying mortgage down to $1M - am I thinking about this correctly?
Replies: 26
Views: 4745

Re: Paying mortgage down to $1M - am I thinking about this correctly?

Thinking through it a bit more, i'll probably take that $100k and start a 529 (no kids yet, but it's in the plans). Beyond that we'll just keep funding our after-tax accounts + downpayment fund. thanks once again, everyone! I wanted to suggest looking at Backdoor and mega Backdoor Roths instead of ...
by FoolStreet
Fri Sep 11, 2015 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Large inheritance. Long term planning help needed.
Replies: 17
Views: 2606

Re: Large inheritance. Long term planning help needed.

SteveB1 wrote:
Silas wrote:...You want to be generating 5-7% through bond interest and dividends. This can be easily done (I am doing it now). ...


Can you elaborate on how this is done ?

I want to do so ASAP.



Don't get your hopes up. :-)

A typical 3 fund portfolio won't do that.
by FoolStreet
Wed Sep 09, 2015 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help With Investing Emergency Fund
Replies: 12
Views: 1124

Re: Help With Investing Emergency Fund

I think about this all the time. Since are investing 2yrs worth, you can think of it in tiers: An average investor might do the following: Tier 1 - Cash e-fund in High Yield Savings account. 3-6 mo. Tier 2 - "investment account" with 100-age in bonds or some variant In your case, that 2nd ...
by FoolStreet
Sun Sep 06, 2015 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Ibonds to Vanguard short term inflation protected bond
Replies: 9
Views: 1037

Re: Ibonds to Vanguard short term inflation protected bond

Steve, makes sense. Did you buy for 2015 yet? What is your gut on what the Nov rate will be?
by FoolStreet
Sun Sep 06, 2015 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Ibonds to Vanguard short term inflation protected bond
Replies: 9
Views: 1037

Re: Ibonds to Vanguard short term inflation protected bond

Hello all, We have been acquiring Ibonds for a number of years now in paper form and in electronic since paper was discontinued. Thus we have about half of our bonds with a fixed rate of 0.00%. Steve, I wanted to point out that you may not understand how ibonds work, or you miss wrote what you mean...
by FoolStreet
Sat Aug 29, 2015 10:36 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 592
Views: 93674

Re: Boglehead Beer

I love Firestone's Easy Jack - cheap 6-pack at Trader Joe's - but the calories for Beer during the season kill. I prefer a 30 pack of MGD 64 for 19.99. Wets the whistle and will be one less thing to blame my lack of six-pack abs.
by FoolStreet
Sat Aug 29, 2015 10:29 am
Forum: Personal Consumer Issues
Topic: Prius owners and rest of Bogleheads
Replies: 44
Views: 4092

Re: Prius owners and rest of Bogleheads

Another vote for diesel. Over 38,000 miles on my 2013 Passat, I've averaged 44 mpg. We average over 50 in the Prius on highway -- regular gas. And we don't have to deal with VW reliability. Yeah, the Prius is a great car. But I just wanted to point out alternatives. The 44 mpg we've obtained is ove...
by FoolStreet
Fri Aug 28, 2015 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of cash reserves waiting for downturn?
Replies: 18
Views: 2396

Re: Large amount of cash reserves waiting for downturn?

I've been through the last downturn in the Bay Area and my recommendation is to keep your powder dry. Don't pay down your mortgage. Some reasons: Your current house is not in a good school district. Therefore it will lose waaay more than a desirable home. Your neighbors will will have foreclosure an...
by FoolStreet
Fri Aug 28, 2015 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: E-fund Strategy & Taxable Investing
Replies: 4
Views: 1160

Re: E-fund Strategy & Taxable Investing

Good stuff. Quick point, I didn't realize there was a ST TE fund I n addition to LT TE. So, I suppose there is some TLH that can be done, by moving from LT to ST for 30 days when rates rise. I suppose I could do the same for CA Long Term into CA Int Term, similarly. for TLH. Thank you Live soft - I ...
by FoolStreet
Fri Aug 28, 2015 11:43 am
Forum: Investing - Help with Personal Investments
Topic: E-fund Strategy & Taxable Investing
Replies: 4
Views: 1160

Re: E-fund Strategy & Taxable Investing

1. Yes. Just know that right now, the 30 day SEC yield on VMLTX is only .97%, though, and a high-yield savings online can get you 1.05%. You pay more taxes in that high-yield savings account, but is that $70 a year difference (assuming 33% federal tax rate) worth the complexity of multiple accounts...
by FoolStreet
Fri Aug 28, 2015 2:21 am
Forum: Investing - Help with Personal Investments
Topic: E-fund Strategy & Taxable Investing
Replies: 4
Views: 1160

E-fund Strategy & Taxable Investing

Goal: Hold 6-9-12 months Efund. Layer up risk/return within the e-fund category. Beyond the efund category, start true taxable investing Background: We've historically saved most of our dough in 401ks, so we're really excited to build up a big e-fund in our taxable accounts, and begin investing in e...
by FoolStreet
Thu Aug 27, 2015 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you donate to your kid's public school?
Replies: 60
Views: 5012

Re: How much do you donate to your kid's public school?

This is a sensitive issue and there are two realities: #1. The request is a burden for you. #2. The need and the benefit is real. Ummmm isn't this why the cost of public school is supposed to be spread out evenly amongst the community the school serves? Paying for public school is a weird concept t...
by FoolStreet
Thu Aug 27, 2015 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you donate to your kid's public school?
Replies: 60
Views: 5012

Re: How much do you donate to your kid's public school?

This is a sensitive issue and there are two realities: #1. The request is a burden for you. #2. The need and the benefit is real. No one wants to ask you to burden yourself at all. Trust me. The pressure should not be that great. Do what you feel good about, then increase it by 10-20% or more next y...
by FoolStreet
Thu Aug 06, 2015 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Paying mortgage down to $1M - am I thinking about this correctly?
Replies: 26
Views: 4745

Re: Paying mortgage down to $1M - am I thinking about this correctly?

So what funds did you decide to use to save in Taxable? Is the mega back door Roth available to you?

We will probably split our taxable between CA in term Tax Exempt and National Taxxempt.
by FoolStreet
Thu Aug 06, 2015 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Tax questions when selling a rental property
Replies: 24
Views: 1600

Re: Tax questions when selling a rental property

Why wouldn't it be 410-100 less any sales costs? I see some are advising on depreciation, but it sounds like mom was not sophisticated to clam depreciation to begin with, so why recapture it?
by FoolStreet
Sat Jul 25, 2015 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Paying mortgage down to $1M - am I thinking about this correctly?
Replies: 26
Views: 4745

Re: Paying mortgage down to $1M - am I thinking about this correctly?

We are in a similar situation. We owe $1.247M 30 yr fixed 3.875. In your case paying 16k down is a no brainier. In our case, I don't think we can have too much liquid funds. I'll invest in tax free bond funds now and bulk up non-401k funds.
by FoolStreet
Wed May 27, 2015 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: CalSTRS, CalPERS and having to choose one or both
Replies: 8
Views: 834

Re: CalSTRS, CalPERS and having to choose one or both

My mom did the equivalent of #2, although backwards to your wife (admin first, then teacher). It worked well. I would tend to recommend it. Having said that, once you are in, won't she want to stay in? Your username implies you are in SF and that has serious implications for affordability as a 30 yo...
by FoolStreet
Wed Apr 29, 2015 6:38 am
Forum: Personal Consumer Issues
Topic: Getting the stink out of running clothes
Replies: 34
Views: 2781

Re: Getting the stink out of running clothes

Try Nathan penguin soap from REI or Amazon.
by FoolStreet
Fri Apr 24, 2015 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Cost to setup a Living Trust?
Replies: 29
Views: 3088

Re: Cost to setup a Living Trust?

Last year, I setup a living trust, 2 wills and healthcare directives through my employer's legal plan. IIRC, the attorney told me that if I didn't go through the legal plan, it would have cost $1800. This is in the SF bay area. Indexfundfan, can you tell us more about the process, please? My wife h...
by FoolStreet
Fri Apr 24, 2015 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Cost to setup a Living Trust?
Replies: 29
Views: 3088

Re: Cost to setup a Living Trust?

Last year, I setup a living trust, 2 wills and healthcare directives through my employer's legal plan. IIRC, the attorney told me that if I didn't go through the legal plan, it would have cost $1800. This is in the SF bay area. Indexfundfan, can you tell us more about the process, please? My wife h...
by FoolStreet
Thu Mar 05, 2015 2:37 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA as e-fund, really? Mortgage lender won't count
Replies: 8
Views: 1410

Roth IRA as e-fund, really? Mortgage lender won't count

Friends, I have been excited to save close to $40k in Roth IRAs through back-door conversions, but in applying for a refinance, I'm told the lender will not count the funds as part of their requirement for reserves, because it is considered, "retirement accounts." In previous posts, I expl...
by FoolStreet
Tue Feb 24, 2015 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed Annuity -- what's the deal?
Replies: 53
Views: 4558

Re: Fixed Annuity -- what's the deal?

My mom has recently asked for my advice on whether she should buy a CD-like instrument from Midland. I'm guessing it is in the 10-40k range. Taxable account. She is retired with a teachers pension. I told her that annuities are usually bad investments and I don't recommend it. In reading this thread...
by FoolStreet
Tue Feb 10, 2015 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: How to deal with ESPP/RSUs in portfolio, and other questions
Replies: 6
Views: 1046

Re: How to deal with ESPP/RSUs in portfolio, and other quest

Hi. I personally like to sell the day of vesting, then transfer the cash to the appropriate savings vehicle. For example, I might then use the funds to sit as cash in my efund or deposit into IRA or in your case transfer it into an appropriate down payment savings bucket (perhaps not cash, but maybe...
by FoolStreet
Sat Dec 27, 2014 12:20 pm
Forum: Personal Consumer Issues
Topic: Goodish frozen supermarket chicken nuggets?
Replies: 23
Views: 2642

Re: Goodish frozen supermarket chicken nuggets?

You have 26k posts. The least I can do is chime in here. I've come to the realization that chicken nuggets are basically fried chicken pieces. To make them healthy, try to get whole chicken pieces, or even make them at home baked. For store bought, my favorite are these free range ones from Costco h...

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