Search found 1088 matches

by Nate79
Thu Sep 21, 2017 11:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 77
Views: 3096

Re: Vanguard: Please Offer a Gold ETF

Schwab intelligent portfolio robo advisor has an allocation to gold and precious metals ETF.
by Nate79
Thu Sep 21, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Roth/Traditional vs Paying off debt
Replies: 9
Views: 439

Re: Investing in Roth/Traditional vs Paying off debt

Good Lord. 12%? As no investment could even come close to a guaranteed return of 12% pay it off asap. Or dump the stinker.
by Nate79
Thu Sep 21, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Please Offer a Gold ETF
Replies: 77
Views: 3096

Re: Vanguard: Please Offer a Gold ETF

Hey ned, good to hear from you. I'd just say that gold is an investment, whereas lottery tickets are... gambles... not investments. SSGA and BlackRock are investment management firms and have gold funds. They don't run the lottery, nor do they run casinos. Vanguard should have a gold fund for the s...
by Nate79
Thu Sep 21, 2017 12:54 pm
Forum: Investing - Theory, News & General
Topic: How an asset with a NEGATIVE return can INCREASE your portfolio's return
Replies: 25
Views: 1814

Re: How an asset with a NEGATIVE return can INCREASE your portfolio's return

Did you include the tax drag of monthly rebalancing? (I'm assuming that bitcoin can not be bought in tax advantage account) No. You can have a bitcoin IRA, although it takes a bit of work (Google it). That will go away as soon as we have a bitcoin ETF. As I was posting I did some googling around an...
by Nate79
Thu Sep 21, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 10
Views: 379

Re: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner

I thought the limit for gifts to spouse that are non-citizen is $149,000. I would suggest the OP see a very good accountant because this is very complicated.
by Nate79
Thu Sep 21, 2017 12:39 pm
Forum: Investing - Theory, News & General
Topic: How an asset with a NEGATIVE return can INCREASE your portfolio's return
Replies: 25
Views: 1814

Re: How an asset with a NEGATIVE return can INCREASE your portfolio's return

Did you include the tax drag of monthly rebalancing? (I'm assuming that bitcoin can not be bought in tax advantage account)
by Nate79
Thu Sep 21, 2017 11:36 am
Forum: Investing - Theory, News & General
Topic: Bitcoin AA - Just out of Curiousity
Replies: 51
Views: 2241

Re: Bitcoin AA - Just out of Curiousity

Why do Bitcoin fanboys get so defensive and attack when people point out potential flaws in their strategy? It seems that every day there is a new Bitcoin fanatic on here hyping it up and then they are gone a few days later.
by Nate79
Wed Sep 20, 2017 6:01 pm
Forum: Personal Consumer Issues
Topic: Uplifted Driveway = No Home Owners Policy ?!
Replies: 79
Views: 3823

Re: Uplifted Driveway = No Home Owners Policy ?!

I would be worried that since you have been notified of a risk on your property for liability reasons and the insurance company has accordingly declined to offer you insurance that if you get insurance from another company how can you not be at risk of the insurance company denying a future claim if...
by Nate79
Wed Sep 20, 2017 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Help me calculate returns on Whole Life Policy - Keep it or cancel it?
Replies: 16
Views: 1008

Re: Help me calculate returns on Whole Life Policy - Keep it or cancel it?

I would not flush my money down the toilet that is WL policies.
by Nate79
Wed Sep 20, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Please help with evaluation of whole life and term from Northwest mutual.
Replies: 17
Views: 1375

Re: Please help with evaluation of whole life and term from Northwest mutual.

I would not even analyze the WL junk, just cancel thru NW. NW is one of the worst/expensive for these products. As for the term get a quote online from the recommended term life quote sites recommended by folks here on Bogleheads, just search.
by Nate79
Tue Sep 19, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: Identity theft / restoration insurance from State Farm - good or bad deal?
Replies: 4
Views: 533

Re: Identity theft / restoration insurance from State Farm - good or bad deal?

This is pretty common for homeowners insurance. I have something similar thru Safeco. Not sure if it is worth the cost but the cost is so small it doesn't bother me.
by Nate79
Tue Sep 19, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Can I have 2 HSA accounts
Replies: 4
Views: 390

Re: Can I have 2 HSA accounts

I'm not aware of any restriction on # of HSA's. You could probably open 100 of them if you could find enough providers.

The contribution limits are what they are regardless of # of accounts.
by Nate79
Mon Sep 18, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Credit freeze for minors
Replies: 3
Views: 435

Re: Credit freeze for minors

Clark Howard on freezing child's credit:
http://clark.com/personal-finance-credi ... for-child/

He highly recommended it on a recent podcast.
by Nate79
Mon Sep 18, 2017 5:20 pm
Forum: Personal Consumer Issues
Topic: Refinishing a Basement - Contractor - Contracts
Replies: 15
Views: 744

Re: Refinishing a Basement - Contractor - Contracts

Yes, it is very common to buy the materials before a contract is in hand. All depends on the contractor's schedule, when you want the job completed, and how you will fit into the schedule. We have purchased material before signing a contract because we knew the materials would be installed whether w...
by Nate79
Mon Sep 18, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: Sticky family/parental care situation...long post
Replies: 19
Views: 1947

Re: Sticky family/parental care situation...long post

Money should not be given without complete honesty and transparency or the gravy train gets cut off. My money, my rules.
That would be my suggestion.
by Nate79
Mon Sep 18, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Super Nintendo Classic edition
Replies: 22
Views: 1241

Re: Super Nintendo Classic edition

Anybody remember how much these cost when new back in the day?
by Nate79
Sat Sep 16, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: Are long-term market returns reliable?
Replies: 38
Views: 3855

Re: The myth about long-run stock returns

Is average annual return a meaningful metric?
by Nate79
Sat Sep 16, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Who has needed to use their umbrella insurance?
Replies: 113
Views: 13856

Re: Who has needed to use their umbrella insurance?

My Mom was involved in an incident with my brother's dog that she was walking....long story short the dog knocked over a lady who broke her knee. The litigation is ongoing, but the woman is asking for something like $750,000 so the umbrella insurance may come into play. But I'm guessing it probably...
by Nate79
Sat Sep 16, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 306
Views: 15706

Re: Iphone X is $1000

nura wrote:
Sat Sep 16, 2017 8:33 am
Buying a Smart Phone for $1000 is more prudent and frugal than a Electric Car for $100,000
Neither are prudent. Two negatives don't make a positive when wasting money.
by Nate79
Sat Sep 16, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 4885

Re: Mother-In-Law dying, Wife wants to buy a Porsche

You need a double shot of Dave Ramsey. You have great salaries but you are broke. Money problems lead to marriage problems and I highly suggest you fix this problem with serious urgency.
by Nate79
Fri Sep 15, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 6612

Re: Distressing news -> Flight to Safety ?

SELL SELL SELL. Buy bitcoin.
by Nate79
Fri Sep 15, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 102
Views: 7558

Re: Phone services most/least likely to get hijacked

In light of the Equifax breach that possibly exposed all American adults' sensitive info, I'm trying to increase security for my accounts. Some websites have a two factor authentication (2FA) option, but phone hijacking can defeat 2FA that involves a telephone call or text message. I know there are...
by Nate79
Fri Sep 15, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Wash rule question
Replies: 5
Views: 380

Re: Wash rule question

Wash rule doesn't care about which account/account type money is in, so if transaction would count as a wash doing it in IRA instead of taxable wouldn't matter. Care to site IRS rulings that backup the statement? Wash sales definitely depend on the account type. Taxable account and IRA's are specif...
by Nate79
Fri Sep 15, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5241

Re: Vanguard advisor on dividends

If you have $10mm to invest in equities and you need $300k gross income, what is better: (1) vanguard high dividend index (that pays 3% dividends , or the full $300k you need) or (2) vanguard S&P index (that pays a little less than 2% dividends and would require you to sell bits of your fund shares...
by Nate79
Thu Sep 14, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Badly Needed---Meeting with Financial Advisor
Replies: 49
Views: 3766

Re: Advice Badly Needed---Meeting with Financial Advisor

NWM is one of the worst expensive insurance companies. Good you ran from the salesman.
by Nate79
Thu Sep 14, 2017 2:18 pm
Forum: Personal Consumer Issues
Topic: [ShopRunner] from AMEX
Replies: 12
Views: 749

Re: RoadRunner from AMEX

I recently used it to purchase some new dress shoes from Allen Edmonds. Seems like a decent service.
by Nate79
Thu Sep 14, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: Two household cars with not so great fuel efficiency; make a change?
Replies: 13
Views: 872

Re: Two household cars with not so great fuel efficiency; make a change?

It's just 3rd grade math. I'm sure you are capable of doing it so just work thru the numbers, keeping in mind that you need to look at the total cost of ownership of your options, especially looking at nonoperating costs like insurance, taxes, and depreciation. Good for you to come on here and ask i...
by Nate79
Thu Sep 14, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 81
Views: 5635

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

Speaking as a strong bitcoin skeptic , if I were into bitcoin I don't think I would see what's happened recently as a big deal. Anyone who bought bitcoin around the start of 2017 or before, if they sell today, has more than quadrupled their money, so fussing because "I coulda quintupled it!" seems ...
by Nate79
Wed Sep 13, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Asset Protection Strategy Advice
Replies: 18
Views: 1645

Re: Asset Protection Strategy Advice

Your net worth is not that high and there are tons of bogleheads with similar or much higher net worth and I don't hear them doing some fancy asset protection strategy. Your "financial planner" sounds like they don't know what they are talking about unless he wanted to help his buddy make his boat ...
by Nate79
Wed Sep 13, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed return--would you take it?
Replies: 7
Views: 1147

Re: Guaranteed return--would you take it?

You need to understand what the account is invested in - what is backing the fund and the associated risk associated with it.
by Nate79
Wed Sep 13, 2017 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Asset Protection Strategy Advice
Replies: 18
Views: 1645

Re: Asset Protection Strategy Advice

Your net worth is not that high and there are tons of bogleheads with similar or much higher net worth and I don't hear them doing some fancy asset protection strategy. Your "financial planner" sounds like they don't know what they are talking about unless he wanted to help his buddy make his boat p...
by Nate79
Wed Sep 13, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for umbrella insurance
Replies: 56
Views: 4796

Re: Turned down for umbrella insurance

We currently have all policies including umbrella thru Safeco. They didn't ask any such questions when getting the umbrella policy.
by Nate79
Wed Sep 13, 2017 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund in my portfolio?
Replies: 32
Views: 2356

Re: Vanguard Health Care Fund in my portfolio?

Nope, not for me I wouldn't. I am not interested in a sector bet and consider Healthcare to be extremely risky sector bet as it is too much tied to government policy compared to other sectors.
by Nate79
Tue Sep 12, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Another data breach question...Getting new credit cards?
Replies: 6
Views: 545

Re: Another data breach question...Getting new credit cards?

Why waste time with getting new cards when you have zero liability?
by Nate79
Tue Sep 12, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: What money to store outside for disaster?
Replies: 57
Views: 4189

Re: What money to store outside for disaster?

If storing the cash in your house is considered a risk in a natural disaster I would argue that anywhere you store it the same risk exists. I also disagree that having sufficient cash in a natural disaster is very prudent. I have heard many testimonials over the years of people needing cash during t...
by Nate79
Tue Sep 12, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: How does your business value adjust your risk tolerance?
Replies: 3
Views: 461

Re: How does your business value adjust your risk tolerance?

The first thing is I would question how you estimated the value of your business. I would hazard a guess that most people do it wrong and grossly overvalued it.
by Nate79
Tue Sep 12, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Beyond Equifax: Dealing with ID theft
Replies: 8
Views: 997

Re: Beyond Equifax: Dealing with ID theft

One ID theft that needs to be addressed is the stealing and misuse of cell phone numbers.

Another one I heard recently on Clark Howard was example of a child's identity being stolen which is a little more difficult to fix.
by Nate79
Sat Sep 09, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for Credit Card....need to send Drivers License/SS Copies?
Replies: 12
Views: 1144

Re: Applying for Credit Card....need to send Drivers License/SS Copies?

No way I would do this. A CC is not worth the trouble and potential risk.
by Nate79
Sat Sep 09, 2017 9:25 am
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 5998

Re: Luxury car: perception vs reality

Not sure what Net worth has to do with owning a luxury car. If your net worth is in 401k and home that doesn't help much to pay the car payment assuming not in retirement.
by Nate79
Sat Sep 09, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: Two Factor Authentication and One Time Passwords
Replies: 24
Views: 1808

Re: Two Factor Authentication and One Time Passwords

Phones accounts can be hacked and numbers taken. 2 factor is far from bullet proof.
by Nate79
Sat Sep 09, 2017 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36473

Re: Equifax customer information leak

Maybe this will put them out of business. Good ridance.
by Nate79
Fri Sep 08, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: New Mobile Phone number - Now hounded by Collection Agencies
Replies: 38
Views: 3141

Re: New Mobile Phone number - Now hounded by Collection Agencies

pondering wrote:
Fri Sep 08, 2017 8:38 pm
I answer all unknown callers with a very short and simple script:

May I ask who is calling?

Please put me on your don't call list. Thank you.

I hang up.
You think this would work for a collection agency? Seriously?
by Nate79
Fri Sep 08, 2017 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 627
Views: 36473

Re: Equifax customer information leak

For someone too lazy to look can we play out the doomsday scenario Someone calls Vanguard uses the information from this hack: SS #, dob, etc. Gets access to my IRA. Liquidates my mutual fund balances to an offshore bank account and disappears. ---- Do I have any chance of getting that money back? ...
by Nate79
Thu Sep 07, 2017 11:45 pm
Forum: Investing - Theory, News & General
Topic: Actually feeling pretty good about my active decisions
Replies: 20
Views: 2549

Re: Actually feeling pretty good about my active decisions

I feels good to be lucky. Luck runs out after a while though. Don't kid yourself that this was anything but luck.
by Nate79
Thu Sep 07, 2017 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 3728

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

Guaranteed 7% with no downside risk is not possible.
by Nate79
Thu Sep 07, 2017 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Count unvested contributions when determining asset allocation?
Replies: 14
Views: 591

Re: Count unvested contributions when determining asset allocation?

How much money are we talking about here and what percent of total portfolio? Based on the context of the OP I guess whether you do or do not consider it doesn't really matter. The sum will be ~15% of the total portfolio. Not an insignificant portion but not a majority by any amount. It may be 15% ...
by Nate79
Wed Sep 06, 2017 10:01 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 61
Views: 5079

Re: To take or not to take delivery of Tesla 3

It's not surprising that so many of the so called reservations are being cancelled. Would be interested to see some statistics on this. The number of reservations was way over hyped.
by Nate79
Wed Sep 06, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Count unvested contributions when determining asset allocation?
Replies: 14
Views: 591

Re: Count unvested contributions when determining asset allocation?

How much money are we talking about here and what percent of total portfolio? Based on the context of the OP I guess whether you do or do not consider it doesn't really matter.
by Nate79
Wed Sep 06, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Considering this HSA strategy
Replies: 17
Views: 2079

Re: Considering this HSA strategy

As long as you have a very healthy emergency fund that can cover the full out of pocket expense of your insurance (not deductible) then investing your HSA is very common on BH. I suggest to save any health related receipts that you do not take out of the HSA in the chance that you decide in the futu...