Search found 120 matches

by Nahum
Wed Sep 21, 2016 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Do I go for 0% down, no PMI, on a mortgage in SF?
Replies: 22
Views: 842

Re: Do I go for 0% down, no PMI, on a mortgage in SF?

You don't want to be an absentee landlord. Get a roommate and save your money. When this bubble pops stupendously then you can probably think about getting a property.
by Nahum
Fri Jun 10, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: Best Playstation 4 Games for Beginners?
Replies: 14
Views: 967

Re: Best Playstation 4 Games for Beginners?

Go with Uncharted 4 and you might as well snag Uncharted Drake Collection and you will have enough to be entertained. I want to recommend Metal Gear Solid to you that is if your into sneaking missions. For senseless fun download Rocket League from the PS4 store, it is the easiest game to play and to...
by Nahum
Tue Jun 07, 2016 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to keep $10,000 liquid yet still earn some interest
Replies: 23
Views: 4632

Re: Best way to keep $10,000 liquid yet still earn some interest

No your answer is sensible. Alas we have to live in this low interest environment. The only thing a person can do is adapt. Save more and try to earn more. The simplest answer is the best answer.
by Nahum
Tue Jun 07, 2016 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Best way to keep $10,000 liquid yet still earn some interest
Replies: 23
Views: 4632

Re: Best way to keep $10,000 liquid yet still earn some interest

Thank you Saimond for the article. It is a thought but I don't have a sizable taxable account. I feel it is too risky to put it in an index fund, but if I did have enough money it would be worth a shot. I would like it to be seed money for a down payment one day. I'm not asking for 5% in this low in...
by Nahum
Tue Jun 07, 2016 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Best way to keep $10,000 liquid yet still earn some interest
Replies: 23
Views: 4632

Best way to keep $10,000 liquid yet still earn some interest

I would like to earn a little more than 1%. I have searched the forums but I am still undecided. I want to keep it as simple as possible. I would like to read real world experiences from my fellow bogleheads. 1) Create a cd ladder - I would have liked to keep my cds in Ally but their rates are not a...
by Nahum
Fri Jun 03, 2016 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement and opportunity cost, by Harry Sit
Replies: 144
Views: 12598

Re: Early retirement and opportunity cost, by Harry Sit

I have enjoyed reading all the responses. The main idea took out of it is too have enough. We live in a very fortunate and rich country where we have so many options. I believe when people read blogs like Mr. Money Moustache people often compare themselves to those who retired early and others livin...
by Nahum
Fri Jun 03, 2016 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: What does holding cash mean?
Replies: 24
Views: 2905

Re: What does holding cash mean?

I agree with you SAM, but one would be naïve not to think something is amiss. I don't subscribe to zombie apocalypse scenarios. There is a common thread embedded in all the noise in the media, a grain of truth as it were. I think governments do more harm than good but I shall leave it at that.
by Nahum
Fri Jun 03, 2016 10:28 am
Forum: Investing - Help with Personal Investments
Topic: What does holding cash mean?
Replies: 24
Views: 2905

Re: What does holding cash mean?

Thank you for the replies, holding cash simply mean keeping them in low risk accounts like a savings account. I guess it is safe to say without being an alarmist that one should continue to keep cash in banks whether they be online or brick and mortar no matter what mischief governments are doing. M...
by Nahum
Thu Jun 02, 2016 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: What does holding cash mean?
Replies: 24
Views: 2905

What does holding cash mean?

It is obvious that one should have cash on hand. Now when advisors say "hold cash" what does that usually mean? Especially in this uncertain economic climate where governments of the US and EU are comtemplating to eliminate big denominations, and negative interest rates. Is it safe to keep...
by Nahum
Fri May 27, 2016 12:22 pm
Forum: Investing - Theory, News & General
Topic: Do you own Vanguard actively managed Equity funds?
Replies: 48
Views: 4132

Re: Do you own Vanguard actively managed Equity funds?

Yes I own Vanguard Wellington fund (VWELX). I've had it for almost a year. To be honest I wish I purchased it as soon as I met the $3k min.
by Nahum
Wed Mar 09, 2016 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab online bank - reviews?
Replies: 19
Views: 2892

Re: Charles Schwab online bank - reviews?

I have been a satisfied Schwab bank customer. I have been doing online banking completely for many years now no brick and mortar banks for me. The only con is moving money from one bank to the next can take a couple of days so you have to anticipate what you may need and plan accordingly. I like the...
by Nahum
Thu Feb 18, 2016 11:20 am
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 220
Views: 18938

Re: What video games are you currently playing?

Right now I'm playing Shadow of Mordor. My next goal on my list is to finish playing Metal Gear Peacewalker then move to Ground Zeroes and Phantom Pain. I want to finish the Metal Gear saga.
by Nahum
Fri Jan 08, 2016 3:41 pm
Forum: Investing - Theory, News & General
Topic: Three Fund Portfolio vs Intl Bond 4 Fund
Replies: 36
Views: 3635

Re: Three Fund Portfolio is Horrible Advice

Three Fund Portfolio is good advice at least a good starting point. Why have 80% assets in the US? because it is the most developed open market in the world. Not perfect but the best. For me there is too much risks when you invest in international. Besides most major US companies also do business in...
by Nahum
Thu Nov 12, 2015 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: how to gift money to married son so that it is his if marriage ends
Replies: 44
Views: 7772

Re: how to gift money to married son so that it is his if marriage ends

That is so generous, I wish you both were my parents. Seriously it would not be wise to give them a down payment until they have proven themselves. A gift with strings attached is no gift.
by Nahum
Wed Oct 14, 2015 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 555
Views: 289984

Re: Mango prepaid card - 4.8% (effective) APY

Depositing money in a bank named after a fruit is probably not a good idea.
by Nahum
Wed Oct 07, 2015 5:48 pm
Forum: Investing - Theory, News & General
Topic: International Funds Worth it?
Replies: 52
Views: 6551

Re: International Funds Worth it?

I recently swapped my Total International holding for a US Fund. I found it to be too risky, currency fluctuations and government risks are high. The United States is not heaven on earth but there is stability and I do earn my money in dollars. Setting aside 20% for an international fund doesn't hur...
by Nahum
Thu Sep 17, 2015 12:24 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - Are Mutual Fund Fees Destroying My Retirement
Replies: 53
Views: 6319

Re: Dave Ramsey - Are Mutual Fund Fees Destroying My Retirement

I like the first chart comparing the 1st year balance between a no load ETF and a front loaded fund. Really which one would you pick? the product with the biggest balance the ETF of course. I like Dave Ramsey's take on debt I'm just disappointed that he continues to recommend front load funds becaus...
by Nahum
Fri May 22, 2015 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Follow "Passion" or Follow the Money?
Replies: 74
Views: 6185

Re: Career Advice: Follow "Passion" or Follow the Money?

If you want to make a lot of money so you can retire early have you asked yourself what are your retiring to? Seems counterintuitive to save a lot money to catch up on compound interest if you find yourself stuck and unhappy now. Why don't you live a little you are already ahead of the game without ...
by Nahum
Tue Dec 30, 2014 7:04 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 973
Views: 219304

Re: Best watch for around $5,000?

16 pages about getting a $5,000 watch, incredible. Looks like I spoiled the ending to myself because a couple of posts earlier I read that Petrocelli purchased the watch. Cheers Petrocelli, on your purchase. I always liked the Omega "Moon Watch" but I have settled down with a Seiko Sarb033...
by Nahum
Wed Oct 22, 2014 11:37 am
Forum: Investing - Theory, News & General
Topic: Leon Cooperman giving the same advice as Warren
Replies: 47
Views: 4789

Re: Leon Cooperman giving the same advice as Warren

Maybe or maybe not. For the most part I believe Warren Buffet stated his opinion but I know he is not going to give out all his secrets to the press but it could be a possibility. You gain a lot by having the right information.
by Nahum
Wed Oct 22, 2014 6:40 am
Forum: Investing - Theory, News & General
Topic: Leon Cooperman giving the same advice as Warren
Replies: 47
Views: 4789

Re: Leon Cooperman giving the same advice as Warren

Warren Buffet and Leon Cooperman are worth billions. They can afford to have 100% stock portfolios, but not the average investor. Maybe they try to tip off the masses so they can benefit.
by Nahum
Fri Sep 19, 2014 9:32 am
Forum: Personal Consumer Issues
Topic: HomeServe heating and cooling
Replies: 1
Views: 414

HomeServe heating and cooling

I was offered their PremierHeat plan through my gas company National Grid. Basically if my boiler needs to be fixed HomeServe will come to fix it at no charge. I have 2 choices PremierHeat Plan - parts and labor coverage, Annual Payment 127.87 or Monthly $10.65 PremierHeat Plus Plan - parts and labe...
by Nahum
Wed Sep 10, 2014 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Vangaurd STAR
Replies: 31
Views: 2529

Re: Vangaurd STAR

That is also assuming you still have a mortgage when you retire. For the beginner who wants to start investing with Vanguard and cannot meet the $3,000 minimum, STAR fund is your best choice. I had it until I exchanged it for Total International Index fund. I believe it is an all round good fund. So...
by Nahum
Tue Aug 19, 2014 5:03 pm
Forum: Personal Consumer Issues
Topic: B&H Photo - NY City Experience
Replies: 35
Views: 2995

Re: B&H Photo - NY City Experience

This is a great store and I have purchased many items from them. This is my go to store for anything camera or mac related. It is predominantly Jewish owned so their operating hours will be slightly different and they observe their important holy days which might affect your shipping speed if you or...
by Nahum
Mon Aug 04, 2014 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me in/out of buying a vacation house or condo...please
Replies: 21
Views: 3387

Re: Talk me in/out of buying a vacation house or condo...ple

It seems like your not at the right mindset to be thinking about purchasing a property. You just ended a 7 year relationship, take it easy work and save your money. Wait a while and see if you will want a vacation property. You might change your mind and say you want your own home.
by Nahum
Mon Aug 04, 2014 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions for Real Estate Attorney in NY/NYC?
Replies: 7
Views: 861

Re: Suggestions for Real Estate Attorney in NY/NYC?

Try going on Avvo.com, you can read reviews on attorneys.
by Nahum
Mon Jun 23, 2014 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Anyone switch to non-branch banking?
Replies: 57
Views: 6953

Re: Anyone switch to non-branch banking?

I switched to Charles Schwab. I love their site and their checking account. I live in NYC so whenever I have a check to deposit it takes about 3 to 4 days to clear which includes the time it takes for my check to get to their Orlando office. Schwab's only branch is located in Reno, Nevada. If you ne...
by Nahum
Mon Jun 23, 2014 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Anyone here use Personal Capital?
Replies: 56
Views: 14649

Re: Anyone here use Personal Capital?

I use Personal Capital and I find it is a very good site to use to see all your accounts at once. I like the easy to read graphs. The informational may not be as complete as I want but if you just want to see the progress of your portfolio and how you use your money then this is the site for you. I ...
by Nahum
Wed May 21, 2014 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Money for House Purchase
Replies: 21
Views: 2322

Re: Investing Money for House Purchase

If you are saving for a down payment it is a good idea to put the money in a savings account or CD's. about 5 months ago PenFed offered 5 year cd's paying 3%. Watch for these opportunities, 5 year horizon is much too short to invest your money in a volatile stock market. If you were willing to wait ...
by Nahum
Tue May 20, 2014 10:49 am
Forum: Personal Consumer Issues
Topic: Restaurants in New York City?
Replies: 42
Views: 3632

Re: Restaurants in New York City?

I will go based on what your requirements $50/person and food trucks included. Since you will be walking and taking the trains these are a few spots I recommend. Midtown between 59 St. and 46St along 6th Ave. The Halal Guys 53rd and 6th Ave. Best Halal food, you can get a platter for $6. Many people...
by Nahum
Tue May 13, 2014 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Changes in my 401k options
Replies: 4
Views: 245

Re: Changes in my 401k options

Just what I was thinking too.
by Nahum
Tue May 13, 2014 1:35 pm
Forum: Investing - Theory, News & General
Topic: Books for someone who is not that interested
Replies: 48
Views: 4992

Re: Books for someone who is not that interested

I recommend Ramit's I Will Teach You How To Be Rich. He makes personal finance a little more "hip" But you are probably the best teacher. If she isn't interested in her finances she will less be interested in any personal finance book you give her. Try to catch her interest, before she lea...
by Nahum
Tue May 13, 2014 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Changes in my 401k options
Replies: 4
Views: 245

Changes in my 401k options

I just received a letter stating that there will be new funds added to my 401k. The changes will begin on 6/11 and it is managed by Fidelity. There are some active funds but the most notable additions are: Spartan Extended Market Index Fund - Advantage Class FSEVX (.07%) Vanguard FTSE All-World ex-U...
by Nahum
Wed Apr 02, 2014 12:16 pm
Forum: Investing - Theory, News & General
Topic: Lazy portfolios: no returns or risk information
Replies: 135
Views: 11447

Re: Lazy portfolios: no returns or risk information

Frans you seem knowledgeable in investing. The good thing is your reading and asking questions, I was kind of skeptical myself. From my experience asset allocation, risk tolerance and costs are what matters at least that is what the bogleheads philosophy is all about. You need to be diversified, kno...
by Nahum
Fri Mar 28, 2014 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: I need help in starting a business in NYC
Replies: 7
Views: 604

Re: I need help in starting a business in NYC

I did it for 6 years before I landed a day job. I worked only nights since I would go to college in the daytime. I know I can run a cleaning business and I would focus only on offices. Yes NYC business legislations is a byzantine mess but I believe I can do it. I don't expect to get rich from it but...
by Nahum
Fri Mar 28, 2014 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: I need help in starting a business in NYC
Replies: 7
Views: 604

Re: I need help in starting a business in NYC

Thank you SeattleCPA for your generous assistance. I downloaded the documents and I believe they will be handy in the future. The start up costs are a bit high since I am just starting. According to the information an LLC is worth it if I am able to make as much as what I am making as a salaried wor...
by Nahum
Fri Mar 28, 2014 9:53 am
Forum: Personal Finance (Not Investing)
Topic: I need help in starting a business in NYC
Replies: 7
Views: 604

I need help in starting a business in NYC

Hello everyone, I want to start a side gig cleaning offices part time. I want to set up as sole proprietorship but I'm stuck in filling out the proper paperwork. I went to the small business links in nyc.gov but I was left confused. Can anyone tell me what forms must I fill? Thank you.
by Nahum
Thu Mar 13, 2014 4:16 pm
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 220
Views: 18938

Re: What video games are you currently playing?

I currently finished playing Batman Arkham Origins. I will play Tomb Raider next and then maybe The Last of Us as the last game I will get for the PS3.
by Nahum
Fri Feb 28, 2014 4:11 pm
Forum: Personal Consumer Issues
Topic: best way to buy MS Office for Mac
Replies: 7
Views: 497

Re: best way to buy MS Office for Mac

That is the thing, everything is tightly controlled. I'm not a fan of getting old software for security reasons. Copies are hard to come by. Even if you get a cd with the restrictions off you have to disable the update feature if you want to continue using it. I'll save myself the headaches and just...
by Nahum
Fri Feb 28, 2014 3:09 pm
Forum: Personal Consumer Issues
Topic: best way to buy MS Office for Mac
Replies: 7
Views: 497

best way to buy MS Office for Mac

I want to buy it for my sister who is in college because she needs Word. Gut tells me get in craigslist but maybe there is a better way to get it for the updates and support. Any suggestions?
by Nahum
Tue Feb 11, 2014 5:25 pm
Forum: Personal Consumer Issues
Topic: Need a new all in one printer
Replies: 55
Views: 4687

Re: Need a new all in one printer

If it helps I bought an Epson Workforce 3530 for $119 which replaced a 4 year old Canon Pixma Printer. According to the specs you should be able to scan to pdf and it has 2 trays to hold paper. You have the option to purchase high yield ink. I wanted to save money on ink so this is my first Epson bu...
by Nahum
Tue Dec 31, 2013 12:24 pm
Forum: Investing - Theory, News & General
Topic: New PenFed CD rates!
Replies: 313
Views: 43119

Re: New PenFed CD rates!

Just got a couple of PenFed CD's. 3% is the best deal I have seen in years. I bought some yesterday because I was afraid it would end today. If I remember correctly the person I talked to told me PenFed will continue to offer 3% 5yr CD until the end of January.
by Nahum
Tue Dec 17, 2013 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: fixed income question
Replies: 2
Views: 289

Re: fixed income question

Thank you for your reply, I understand there is no right answer, 5 years is a long time and anything can happen in 5 years but I forgot that you can pretty much break the CD when you need the money. I want to stick to it till the end I figure $4600 should be safe I don't think these rates will stay ...
by Nahum
Tue Dec 17, 2013 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: fixed income question
Replies: 2
Views: 289

fixed income question

I have about $7000 in Allybank. I would like to take advantage of PenFed's 3% 5yr CD but I don't know how much to set aside. The money is my emergency fund. I think I don't mind locking away a little over half of the money since I am still putting money into this account. Any suggestions on the righ...
by Nahum
Fri Sep 27, 2013 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a Friend (low income, windfall)
Replies: 20
Views: 1485

Re: Asset Allocation for a Friend (low income, windfall)

at least for her Roth start with 1 fund. I started with the STAR fund which has a $1000 min. It is a pretty good fund at least for a beginner. When her balance is big enough then you can rethink your asset allocation. 2 years ago I was a beginner. I had a 401k with 2 funds, then I opened a Roth IRA ...
by Nahum
Wed Aug 21, 2013 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Question on the use of Ibonds
Replies: 4
Views: 716

Re: Question on the use of Ibonds

that is true. Thank you for the tip.
by Nahum
Wed Aug 21, 2013 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Question on the use of Ibonds
Replies: 4
Views: 716

Question on the use of Ibonds

My question: Is it wise to buy ibonds in $1,000 increments and make a ladder out of it? I have about $6,000 in emergency funds. Saving rates are low, I figured I should at least preserve it from inflation. If I were to purchase ibonds I would start once I hit $10,000. CD ladders I have heard of but ...
by Nahum
Wed Jul 10, 2013 7:41 pm
Forum: Personal Consumer Issues
Topic: Road trip ideas
Replies: 30
Views: 2602

Road trip ideas

My brother and I want to go on a road trip for a week, but we need help in finding good destinations. We are are open to any area in New England, Upstate New York and as far south as Virginia Beach. We want to explore nature. Thank you for your input.
by Nahum
Mon Jun 24, 2013 2:48 pm
Forum: Personal Consumer Issues
Topic: Cheap Razors
Replies: 81
Views: 8284

Re: Cheap Razors

I shave like my grandpa. Some say it is time consuming but I enjoy it. It is the cheapest way for me to shave. I used to use Mach 3 blades but I stopped because it was way to expensive. Last summer I purchased a pack of 100 Derby DE blades for $10, it has been a year now and I still have blades to l...
by Nahum
Fri Jun 14, 2013 3:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: New York City Local Chapter established
Replies: 152
Views: 28548

Re: New York City Local Chapter established

I would like to thank quanuec for setting up this meetup. It was informative and it was a pleasure meeting other bogleheads.

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