Search found 1349 matches

by InvestorNewb
Fri Apr 29, 2016 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 30
Views: 1133

Re: Investment Fee's [too high?]

Yes, it is too high. You have come to the right place.

Try the following calculator out for yourself:
https://personal.vanguard.com/us/insigh ... nding-tool
by InvestorNewb
Fri Apr 29, 2016 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Young Male Living with Parents
Replies: 83
Views: 3872

Re: Young Male Living with Parents

I moved out at 26 with the net worth you have now. I regret not leaving sooner for privacy reasons. I think living at home kept me back from establishing better relationships. I am still single at 33, but with significantly more worth.
by InvestorNewb
Fri Apr 29, 2016 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Renting vs owning
Replies: 50
Views: 2540

Re: Renting vs owning

All of my friends who "own" real estate are house-poor. No thanks.
by InvestorNewb
Fri Apr 29, 2016 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Do I need anything more than WillMaker?
Replies: 12
Views: 772

Re: Do I need anything more than WillMaker?

With your net worth I would definitely see an attorney. Why take the risk?
by InvestorNewb
Thu Apr 28, 2016 1:28 pm
Forum: Personal Consumer Issues
Topic: Wire transfer issue
Replies: 11
Views: 796

Re: Wire transfer issue

I was told it could take between 7-15 days, and we are now approaching 10 days. I'd just be patient and wait. I'd be antsy at day 16 not day 10. :) If it doesn't arrive wouldn't you call the appropriate dept of the company that was wiring you the money? I will wait it out. The reason why I'm antsy ...
by InvestorNewb
Thu Apr 28, 2016 11:58 am
Forum: Investing - Help with Personal Investments
Topic: VWO vs VSS [Vanguard Emerging Markets Stock vs. FTSE All-World ex-US Small-Cap]
Replies: 15
Views: 845

Re: VWO vs VSS [Vanguard Emerging Markets Stock vs. FTSE All-World ex-US Small-Cap]

Check out the 16 year return of the Vanguard Total International Stock Index Fund (VGTSX). Do you really want to add more risk?
by InvestorNewb
Thu Apr 28, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: The All Seaon Portfolio by Tony Robbins
Replies: 11
Views: 2588

Re: The All Seaon Portfolio by Tony Robbins

Bob B wrote:Tony Robbins is an entertainer. Why anybody would consult him for financial advice is puzzling to me.

On the plus side at least he is bringing attention to high fees. 0.75% is better than 2%.
by InvestorNewb
Thu Apr 28, 2016 11:00 am
Forum: Personal Consumer Issues
Topic: Wire transfer issue
Replies: 11
Views: 796

Re: Wire transfer issue

Then they will probably send it by fedwire or far less likely, SWIFT. For this small dollar amount I wonder why they didn't just send it via ach? I'm not sure why you expect the customer service at your bank to be able to help you with this. Until the money comes in they don't have visibility. The ...
by InvestorNewb
Thu Apr 28, 2016 8:41 am
Forum: Personal Consumer Issues
Topic: Wire transfer issue
Replies: 11
Views: 796

Re: Wire transfer issue

Thanks for the responses. In my case, I didn't submit the CHIPS UID number at all. Do you mean you submitted a form to the company to send money to your bank? It almost sounds like you submitted a request to the bank to receive funds which is weird. Wires usually are submitted by the sender of funds...
by InvestorNewb
Wed Apr 27, 2016 2:19 pm
Forum: Personal Consumer Issues
Topic: Should I accept this offer on my house?
Replies: 52
Views: 2878

Re: Should I accept this offer on my house?

It's hard to comment without details, but if you asked for 450 and they offered 420, they seems pretty reasonable to me.
by InvestorNewb
Wed Apr 27, 2016 12:20 pm
Forum: Personal Consumer Issues
Topic: Wire transfer issue
Replies: 11
Views: 796

Wire transfer issue

Hello, Last week, I submitted a wire transfer form with my bank account details to receive funds from a well-known company. The funds are being sent from the US to Canada. Yesterday, I realized that two pieces of information were missing from the form because they were not labelled on the form: CHIP...
by InvestorNewb
Wed Apr 27, 2016 9:07 am
Forum: Investing - Theory, News & General
Topic: dividend stocks
Replies: 106
Views: 5188

Re: dividend stocks

As I figure things out for myself. I can put my money into a dividend paying fund, in my case (VHDYX) and add more money into the fund for the next 7-8 years (dca) & be totality financially independent after that. I figure if I'm smart by the time I'm 30 years old I can retire if I would like. ...
by InvestorNewb
Sun Apr 24, 2016 6:12 pm
Forum: Investing - Theory, News & General
Topic: dividend stocks
Replies: 106
Views: 5188

Re: dividend stocks

As Taylor Larimore would say, when experts disagree, it usually doesn't matter. Therefore, pick the total return and/or the dividend strategy -- whatever suits your preference. I chose a bit of both. For instance, REITs currently have very high dividends (> 4%) but they are taxed as ordinary income....
by InvestorNewb
Fri Apr 22, 2016 11:53 am
Forum: Investing - Theory, News & General
Topic: James Dale Davidson's prediction of 2016 collapse
Replies: 42
Views: 3780

Re: James Dale Davidson's prediction of 2016 collapse

I can't believe anyone takes these market collapse predictions seriously. Same thing every year.
by InvestorNewb
Fri Apr 22, 2016 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Why did Vanguard Reit go down
Replies: 9
Views: 1519

Re: Why did Vanguard Reit go down

Vanguard REIT Index Fund (VNQ) is down 2.31% in the past 5 days according to Google Finance.

YTD, it's up 2.16%.
by InvestorNewb
Fri Apr 22, 2016 9:06 am
Forum: Investing - Theory, News & General
Topic: Explaining a Total Return Withdrawal Strategy to Clients
Replies: 24
Views: 2308

Re: Explaining a Total Return Withdrawal Strategy to Clients

My "beef" with dividend investors, at least from the blogs I read, is that few of them want to compare their returns to the S&P 500. That leads me to think they are under performing it.
by InvestorNewb
Wed Apr 20, 2016 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: REIT in taxable?
Replies: 8
Views: 743

Re: REIT in taxable?

deleted
by InvestorNewb
Wed Apr 20, 2016 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Cannot Pay Huge Tax Burden
Replies: 107
Views: 8258

Re: Cannot Pay Huge Tax Burden

What about driving Uber on the side?
by InvestorNewb
Wed Apr 20, 2016 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Retiring from REIT's & Bonds income
Replies: 7
Views: 836

Re: Retiring from REIT's & Bonds income

You may want to read a similar thread that I created on this topic: Would 100% REITs ever make sense?
by InvestorNewb
Tue Apr 19, 2016 11:15 am
Forum: Investing - Theory, News & General
Topic: What is "wrong" with having more funds in a portfolio?
Replies: 70
Views: 3460

Re: What is "wrong" with having more funds in a portfolio?

The better question to ask is: what is the point in having more funds in a portfolio?
by InvestorNewb
Mon Apr 18, 2016 2:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2896
Views: 603903

Re: U.S. stocks in freefall

The importance of not selling = this thread
by InvestorNewb
Sat Apr 16, 2016 7:12 am
Forum: Investing - Theory, News & General
Topic: Quick Question - To Time or Not to Time
Replies: 14
Views: 1181

Re: Quick Question - To Time or Not to Time

I would just buy now. It's only $2,800 and won't really matter much either way.
by InvestorNewb
Fri Apr 15, 2016 9:43 am
Forum: Personal Finance (Not Investing)
Topic: [Tax filing mistakes made by your CPA (or yourself)]
Replies: 69
Views: 3974

Re: How often does your CPA screw up your taxes?

I pay $2,000 for my corporate taxes and usually find at least one arithmetic error per year. A high price doesn't mean the accountant is immune to making mistakes. Humans are prone to making mistakes.
by InvestorNewb
Thu Apr 14, 2016 9:32 am
Forum: Investing - Theory, News & General
Topic: REITs being given sub-sector in S&P
Replies: 2
Views: 514

REITs being given sub-sector in S&P

Hello, I recently read an article that says that come September, REITs will have their own sub sector in the S&P. The excerpt is below. Is it true that this could impact the price of REIT shares? I'm skeptical that it could, given that the information should already be priced in. Also: doesn't t...
by InvestorNewb
Tue Apr 12, 2016 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Friend is an Edward Jones financial advisor -- should I drop him?
Replies: 76
Views: 9674

Re: Friend is an Edward Jones financial advisor -- should I drop him?

I don't want friends knowing how much money I have saved. That is none of their business.
by InvestorNewb
Wed Apr 06, 2016 12:56 pm
Forum: Personal Consumer Issues
Topic: Dental implant or retreatment of root canal?
Replies: 9
Views: 816

Re: Dental implant or retreatment of root canal?

I would wait it out. Even though it's different, I had a filling done on my wisdom tooth and it was giving me a lot of pain for about a month. I was taking 5 tylenol per day to deal with the persistent headaches. The dentist offered to refill or pull the tooth free of charge. Sure enough, it got bet...
by InvestorNewb
Tue Apr 05, 2016 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Proceeds From Hobby (Rock Band)
Replies: 4
Views: 380

Re: Handling Proceeds From Hobby (Rock Band)

I wouldn't even bother since as you say, the amounts are small. I also wouldn't open a joint account with anyone unless I trusted them completely.
by InvestorNewb
Sun Apr 03, 2016 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Investing In Canada
Replies: 5
Views: 390

Re: Retirement Investing In Canada

VCN covers the entire Canadian stock market in the same way that VTI covers the entire US stock market. Expense ratio is 0.05%.
by InvestorNewb
Fri Apr 01, 2016 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Renting forever: financial suicide?
Replies: 135
Views: 20131

Re: Renting forever: financial suicide?

A friend just had his rent raised by $500/month. Where do they live? I live in Canada and we have rent control. Landlords can't raise rent by more than the amount set by the Ministry of Municipal Affairs and Housing. As you can see from the guideline history below, the average is about a 2% increas...
by InvestorNewb
Fri Apr 01, 2016 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Renting forever: financial suicide?
Replies: 135
Views: 20131

Re: Renting forever: financial suicide?

I've been renting for the last 6 years and do not have any regrets. I've reached a point where I can use the dividends from my investments to cover my rent entirely if I really wanted to -- but choose to reinvest the dividends instead to accumulate more shares. I also hate doing yard work and mainte...
by InvestorNewb
Thu Mar 31, 2016 3:15 pm
Forum: Personal Consumer Issues
Topic: Name one good, Name one bad thing YOU experienced [that saved money]
Replies: 37
Views: 2943

Re: Name one good, Name one bad thing YOU experienced

Good: I was making a high income between 2009-2012 and saved almost all of it.

Bad: I did not know anything about investing during that period, so I missed out on a bull run.
by InvestorNewb
Mon Mar 21, 2016 2:04 pm
Forum: Personal Consumer Issues
Topic: Black formal shoes with sneaker like support
Replies: 56
Views: 4469

Re: Black formal shoes with sneaker like support

I buy a new pair of Bostonians every year. The other dress shoes that I've tried hurt my feet.
by InvestorNewb
Sun Mar 20, 2016 6:01 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 486
Views: 105911

Re: Rick Ferri looking to internationalize his portfolio

The international ETF (VXUS) was priced at $39.xx a few short months ago. That would have been the perfect time. :happy
by InvestorNewb
Sun Mar 20, 2016 9:02 am
Forum: Personal Consumer Issues
Topic: fasting for better health
Replies: 16
Views: 1149

Re: fasting for better health

How does fasting lead to better health?

I suspect this thread will be locked soon because health topics are not allowed.
by InvestorNewb
Thu Mar 17, 2016 5:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Healthcare Fund
Replies: 9
Views: 1363

Re: Vanguard Healthcare Fund

This is why I prefer sticking to total market indexes. :beer
by InvestorNewb
Mon Mar 14, 2016 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: 28 year old, $6mm, how to retire?
Replies: 71
Views: 13580

Re: 28 year old, $6mm, how to retire?

reriodan wrote:Can't live in luxury on $6m?? :confused This forum does seem incredibly out of touch with reality sometimes.

I agree. $6m is A LOT.
by InvestorNewb
Sun Mar 13, 2016 6:49 pm
Forum: Investing - Theory, News & General
Topic: Late Starters
Replies: 61
Views: 5330

Re: Late Starters

I don't think 31 is late at all. Most people under 30 don't have many assets to begin with.
by InvestorNewb
Sun Mar 13, 2016 11:04 am
Forum: Investing - Help with Personal Investments
Topic: How to convince high NW father to dump his financial advisor?
Replies: 69
Views: 6453

Re: How to convince high NW father to dump his financial advisor?

Some people don't seem to care that much about fees. It's hard to help those people.
by InvestorNewb
Fri Mar 11, 2016 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: 5M Windfall, all in VTMFX? [Vanguard Tax-Managed Balanced Fund]
Replies: 40
Views: 5485

Re: 5M Windfall, all in VTMFX?

I would put 50% in VTI (US) and 50% in VXUS (Int'l) and live off the dividends. The current yields are 2.10% and 3.07% respectively.
by InvestorNewb
Fri Mar 11, 2016 1:33 pm
Forum: Personal Consumer Issues
Topic: Can credit card company issue a check?
Replies: 6
Views: 380

Re: Can credit card company issue a check?

I received an official reply and they are able to do it. Thanks all. :happy
by InvestorNewb
Fri Mar 11, 2016 1:19 pm
Forum: Personal Consumer Issues
Topic: Can credit card company issue a check?
Replies: 6
Views: 380

Re: Can credit card company issue a check?

It's a Canadian bank: BMO. I already contacted them but wanted to see what the general rule was.
by InvestorNewb
Fri Mar 11, 2016 1:08 pm
Forum: Personal Consumer Issues
Topic: Can credit card company issue a check?
Replies: 6
Views: 380

Can credit card company issue a check?

Hello,

I'm about to be credited a sizable amount on my credit card. Are credit card companies able to issue you a check for the amount credited? I would prefer to have the money to invest rather than having it stay on my card.
by InvestorNewb
Tue Mar 08, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance for person with false "Alcoholic" diagnosis
Replies: 100
Views: 7918

Re: Life Insurance for person with false "Alcoholic" diagnosis

Cherokee8215 wrote:To the extent that he felt bad enough the next day to go to a local clinic where they ran an IV into him for hydration and gave him some pills to take for a couple days.

He must not have been that sick if he made it to the local clinic. When I'm hung over, I can't even get out of bed.
by InvestorNewb
Mon Mar 07, 2016 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Is a CS PhD financial suicide for my profile?
Replies: 57
Views: 5910

Re: Is a CS PhD financial suicide for my profile?

I know someone who did a masters in computer science...he is now a police officer.
by InvestorNewb
Mon Feb 22, 2016 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund Portfolio
Replies: 5
Views: 535

Re: 3 fund Portfolio

The title is misleading : "Why Vanguard Total Stock Market isn’t the best fund in the fleet". Many Bogleheads use the total stock market index as their core holding and also tilt towards small cap stocks.

You can only claim what the "best" fund is in hindsight.

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