Search found 2747 matches

by Nate79
Wed Jul 18, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: High Crypto Allocation
Replies: 34
Views: 2165

Re: High Crypto Allocation

Its speculation. Pure gambling. So with such extremely risky gambling it is recommended to limit to how much of your portfolio you are willing to completely lose. Honestly knowing that, who gives a rip how much you decide to put your assets towards a speculative purchase. As long as you understand i...
by Nate79
Wed Jul 18, 2018 7:06 am
Forum: Investing - Theory, News & General
Topic: Titans of Junk: Behind the Debt Binge That Now Threatens Markets [Bloomberg article]
Replies: 14
Views: 2192

Re: Titans of Junk: Behind the Debt Binge That Now Threatens Markets [Bloomberg article]

I've been reading many articles recently like the OP's about record corporate debt levels and the danger this presents if the economy slows. Most of my fixed income is in laddered TIPs and CD's which, of course, have no exposure to this potential problem. However, one of my IRA accounts had a modes...
by Nate79
Tue Jul 17, 2018 11:55 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement
Replies: 45
Views: 3642

Re: New Vanguard Security Code Requirement

I currently live overseas and don't have an American number, does this mean that I need to get one? How are accessing Vanguard from overseas today? By simply logging in. I'm guessing the easy fix once it's mandated may be using an app that gives me a U.S. phone number. Are you on VPN? Vanguard is k...
by Nate79
Tue Jul 17, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance premium question
Replies: 6
Views: 552

Re: Term Life Insurance premium question

My husband recently completed underwriting for a 30 year 1,000,000 term life insurance policy through Farm Bureau. When we received the policy documents today, there is a statement that basically reads " while we fully expect the premium to remain level for 30 years, the current premium is only gua...
by Nate79
Tue Jul 17, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Another student loan question
Replies: 24
Views: 994

Re: Another student loan question

Dave Ramsey. Sell the car and get a cheaper one. Claiming you need a reliable car thus require car payments is hog wash. Get intense. Take extra jobs (you and your wife, no excuses, every single penny extra matters). Cut the budget to the bone. No eating out. No vacations. Throw everything at the de...
by Nate79
Tue Jul 17, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest 100000?
Replies: 36
Views: 2418

Re: When to invest 100000?

Hi there, let's say right now I have 100000 and I want to invest them all into VTI. The bull market has been running for 10 years now and I am 100% sure that a crash (35-50%) is coming . In that situation, should I still dump my money into the stock market knowing that a crisis is not far away? Or ...
by Nate79
Tue Jul 17, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement
Replies: 45
Views: 3642

Re: New Vanguard Security Code Requirement

andrewphillipf wrote:
Tue Jul 17, 2018 2:36 pm
I currently live overseas and don't have an American number, does this mean that I need to get one?
How are accessing Vanguard from overseas today?
by Nate79
Tue Jul 17, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I reduce the death benefit of my term life policy?
Replies: 20
Views: 896

Re: Should I reduce the death benefit of my term life policy?

I would reduce to $1m. This to ensure the child has sufficient assets for college and support as well as future proofing in case something in your life changes such that you may need the insurance in the future.
by Nate79
Tue Jul 17, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: Water leaking from skylight window - Roofer cannot find cause!
Replies: 10
Views: 615

Re: Water leaking from skylight window - Roofer cannot find cause!

We had a couple of skylights leaking and did what you did. Called a local and reputable roofing company to come out. They first thought it was the flashing and did some replacement around it plus sealing work but it didn't do anything. So we ended up just replacing the skylights and that fixed it. T...
by Nate79
Tue Jul 17, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Rollover to a expensive 401k worth it?
Replies: 15
Views: 601

Re: Rollover to a expensive 401k worth it?

Greetings! Need some feedback I am rolling over my wife’s simple ira from fidelity with cheap target funds to her new employer 401k for the purpose of doing Roth conversion of existing non deductible t-IRA and future Backdoor Roth. But the new employer has expensive T.Row target funds 1.01% 1)Shoul...
by Nate79
Tue Jul 17, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Rollover to a expensive 401k worth it?
Replies: 15
Views: 601

Re: Rollover to a expensive 401k worth it?

Greetings! Need some feedback I am rolling over my wife’s simple ira from fidelity with cheap target funds to her new employer 401k for the purpose of doing Roth conversion of existing non deductible t-IRA and future Backdoor Roth. But the new employer has expensive T.Row target funds 1.01% 1)Shoul...
by Nate79
Tue Jul 17, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Recourse for Unhonored Warranty on Labor
Replies: 5
Views: 455

Re: Recourse for Unhonored Warranty on Labor

I replaced four sliding glass patio doors (Harvey) and six windows (also Harvey) recently. I used the same installer for the doors and windows The patio doors were installed in April, and the windows were installed in June. There is a one year warranty on both for the labor and something like 20+ y...
by Nate79
Mon Jul 16, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 60
Views: 3302

Re: Buy a vacation home while renting

Pay off the student loans before even entertaining the idea.
by Nate79
Mon Jul 16, 2018 9:51 pm
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 15
Views: 1574

Re: GMO 7 year forecasts are worse than a toss of a coin

And yet we still have threads like "what return do you expect for the next 10 years" or "Bogle predicts x%" blah blah blah.
by Nate79
Mon Jul 16, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolio vs. Schwab Target Fund
Replies: 85
Views: 9104

Re: Schwab Intelligent Portfolio vs. Schwab Target Fund

Hello, The Forum has already suggested a Schwab Target Fund (or a three fund) for in-retirement investing. I met with Schwab and they recommended a Schwab Intelligent Portfolio (SIP) approach to consider as a lost-cost options: 0% in advisory related fees. I reviewed at least some of the SIP posts ...
by Nate79
Mon Jul 16, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters
Replies: 108
Views: 8547

Re: Are Bonds Always Safe? — A Second Look at U.S. Portfolio Disasters

It is not a risk that bonds may or may not have returns less than the inflation rate. It is only a risk if something is designed to do something and it may fail to do so at some point in time. Bonds are not designed to beat inflation and unless someone is relying on them to do so that is not a risk....
by Nate79
Mon Jul 16, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 68
Views: 4347

Re: $540 a month on food for graduate student budget too much?

As a graduate student, I am wondering if I am spending too much on food per month. I am basically eating out for every meal right now (subway, chipotle burritos, burgers/tacos, etc) and the cost comes out to $6-$7 per meal. Even if you buy subway $6 dollar sandwiches, that would be $6 * 3 subs/day ...
by Nate79
Sun Jul 15, 2018 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. expat starting to invest
Replies: 7
Views: 631

Re: U.S. expat starting to invest

How do you plan to invest in Vanguard mutual funds overseas? Are you aware of the issues expats have to invest while residing overseas? Especially in mutual funds which is not allowed.
by Nate79
Sun Jul 15, 2018 11:44 pm
Forum: Investing - Theory, News & General
Topic: A different take on retirement income: time segmentation
Replies: 117
Views: 6572

Re: A different take on retirement income: time segmentation

Very well thought out and interesting idea. Good thoughts from Sandtrap as well. Thanks! I tend to think we shouldn't be so rigid in assuming lower spending in retirement. It should be more at an individual (and year by year) basis. For example, there have been years where I spent $120K and years w...
by Nate79
Sun Jul 15, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2875

Re: How much furniture spending is ok?

Depends on what that debt is. you mean where its allocated? 300k is entirely student debt. If its amount, its listed in the OP In that case I would be debt free in under 2 years and buying furniture off craigslist until then. We are debt free except our home and still buy quality furniture off Face...
by Nate79
Sun Jul 15, 2018 6:15 pm
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 2875

Re: How much furniture spending is ok?

Depends on what that debt is.
by Nate79
Sun Jul 15, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: FireCalc: How big a grain of salt?
Replies: 58
Views: 4385

Re: FireCalc: How big a grain of salt?

I periodically run Firecalc, which I did this morning, and here are the results with what I consider a pretty aggressive level of spending. My question is how big a grain of salt do I take these with? FWIW, the results were pretty much inline with my own spreadsheets, so I feel good about that. But...
by Nate79
Sun Jul 15, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: My Annuity Plan..as of now.
Replies: 14
Views: 1667

Re: My Annuity Plan..as of now.

I do not know what you should do with these horrible products but just wanted to offer my condolences that your salesman took you to the cleaners. It's really sad when salesmen dupe their clients and in this case so much money at stake.
by Nate79
Sun Jul 15, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Investing vs Debt
Replies: 12
Views: 647

Re: Investing vs Debt

A contribution to a Roth would be like a spec of sand in your financial future compared to the massive mountain of debt you have but also your future great income. I agree with the others to focus on keeping your lifestyle way down, get your income way way up and pay off the debt.
by Nate79
Sat Jul 14, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard IRA Transfer
Replies: 4
Views: 334

Re: Vanguard IRA Transfer

frugalminded wrote:
Sat Jul 14, 2018 7:24 pm
mindboggling: I have heard that they've improved their customer service and you have confirmed it with your post. Thank you!
What part of the OPs post indicates improved customer service?
by Nate79
Sat Jul 14, 2018 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6505

Re: Dave Ramsey made me laugh today

I've said this many times in the weekly DR rant threads. DR is the most successful financial personality/guru for one reason and that is the plan (baby steps) themselves. The difference between DR and all others is I know exactly what DR is going to say. He doesn't make a new plan for every caller. ...
by Nate79
Sat Jul 14, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: FedEx / UPS Vacation Hold?
Replies: 10
Views: 941

Re: FedEx / UPS Vacation Hold?

We use USPS hold all the time. Never an issue. But never tried it with UPS or FedEx. I just make sure we don't order anything that might be delivered while we are gone.
by Nate79
Sat Jul 14, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account w/o thawing CR
Replies: 18
Views: 1091

Re: Online Savings Account w/o thawing CR

Try SPRXX. Current 7-day yield is 1.85%. Thanks, I should be looking at the 7-day yields, shouldn't I. Although the more I look at MM funds, I see they often have pretty high expense ratios. SPRXX has an ER of 0.42%. Wouldn't that subtract from the yield, ultimately making it a lot lower than a hig...
by Nate79
Sat Jul 14, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 169
Views: 10457

Re: Why is leveraging property good but leveraging stocks bad?

Debt/leverage is dangerous. Take it from someone who lives in a house bought in a short sale from a tax attorney, when the economy or market turns, unless you've got funds sitting in low return cash investments, you are at risk. It doesn't matter how smart you are (see LTCG) the leverage that has t...
by Nate79
Sat Jul 14, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: No load insurance and annuities.
Replies: 3
Views: 363

Re: No load insurance and annuities.

It is not just the loads but the complexity. These products are multiple products mixed into one giant piece of cr*p product. The have buried costs that are difficult to peal out. And because they are multiple products in one they each affect each other making them difficult to fully understand. The...
by Nate79
Fri Jul 13, 2018 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6505

Re: Dave Ramsey made me laugh today

Speaking of Dave, I was listening to Clark Howard today and a lady called in who wanted to refinance her adjustable rate mortgage, but no bank would let her because she had 200k of parent student loans for her sons out of state undergraduate degree in digital something or other. Apparantly the arm ...
by Nate79
Fri Jul 13, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding IRA transfer/closing fees
Replies: 9
Views: 568

Re: Avoiding IRA transfer/closing fees

Schwab will pay transfer fees. Just ask. No need for all this silliness.
by Nate79
Fri Jul 13, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6505

Re: Dave Ramsey made me laugh today

I was listening to his podcast and he basically said this: "Bonds are stupid, they decrease in value in rising interest rates. I don't own any bonds and all of my mutual funds are in stocks." He then rattled off his usual "growth, growth/income, aggressive growth, international" allocation. Seems s...
by Nate79
Fri Jul 13, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Help with No-Lapse Guarantee UL
Replies: 22
Views: 805

Re: Help with No-Lapse Guarantee UL

On the other hand they can pay into the insurance for life and get a life insurance payout that is more or less about what they could get on a reasonable investment return. The issue is that he will need to have saved an additional $234,400 to have a SWR of 4% to continue to pay the premium thru re...
by Nate79
Fri Jul 13, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help with No-Lapse Guarantee UL
Replies: 22
Views: 805

Re: Help with No-Lapse Guarantee UL

This is a really bad idea and here is how I look at it. This policy is about 10x more expensive than regular 30 or so year term policy. If you take the difference and invest it at say 5% for 30 years (age 70) you will have about $560k. At that point at retirement there should be no need for life ins...
by Nate79
Fri Jul 13, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Investment: Yay or Nay?
Replies: 27
Views: 2001

Re: Real Estate Investment: Yay or Nay?

Seems a bit high, but if it's a high growth area the expectation for some might be in the price appreciation more than the rent. San Francisco saw something like a 12% increase in the first six months of 2018. At that rate, who cares about rent? ... Or even a job... just get into a house and a HELO...
by Nate79
Fri Jul 13, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 103907

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

Good chance Tesla folds in a year or so. The mid for a one-year CDS on Tesla (protection for Tesla debt) is 4.5% or so. The implied default probability at 40% recovery is 7%, according to my rough calculations. So bank broker-dealers will sell you protection on Tesla defaulting on its debt in the n...
by Nate79
Fri Jul 13, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: American in the EU -- problems with IB acct
Replies: 14
Views: 1125

Re: American in the EU -- problems with IB acct

I disagree with reporting a false residential address when asked for such if they are not asking for a mailing address. Where you reside is not just some family members address or a mailing address only. Falsifying an address may constitute fraud and likely voids your contract with the broker and an...
by Nate79
Fri Jul 13, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: 2011 Honda was with 6 differential flushes?
Replies: 13
Views: 1112

Re: 2011 Honda was with 6 differential flushes?

It's also possible the dealer had their own maintenance schedule that they tricked the owner into using.
by Nate79
Fri Jul 13, 2018 12:37 am
Forum: Investing - Theory, News & General
Topic: Real Estate Investment: Yay or Nay?
Replies: 27
Views: 2001

Re: Real Estate Investment: Yay or Nay?

Horrible investment. You have got a lot to learn before you should be investing in real estate.
by Nate79
Thu Jul 12, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 37
Views: 3341

Re: New construction: financing fell through, builder won't return deposit/earnest $

Since then we've seen that our existing home is not going to rent as expected Why aren't you selling it instead? In-laws still live in CA, we may wish to return at some point Have you fully looked at the tax implications of maintaining a business presence in CA? You really want to rethink this idea...
by Nate79
Thu Jul 12, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stock to College Student - 2018 version
Replies: 12
Views: 827

Re: Gifting Appreciated Stock to College Student - 2018 version

Is the child going to school year round and no more living at home? The costs listed so far are only the costs for room and board for school. No mention if they are coming home in the summer.
by Nate79
Thu Jul 12, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: How to help parents "see the light" with index investing?
Replies: 17
Views: 1337

Re: How to help parents "see the light" with index investing?

They seem to have done pretty well so far. What makes you think you have enough knowledge vs their many years of experience?
by Nate79
Thu Jul 12, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 103907

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

I also just hit the Tesla site and it appears that all references to a 35K Model 3 are gone. Good for them IMO. Someday, I will be called a liar for saying that Musk promised a $35k model3. Actually, I have no real proof. Not sure why you think there is no proof that Musk has promised a $35k model ...
by Nate79
Thu Jul 12, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4557

Re: Asset Allocation for High Net Worth (>$3M) Individuals

This study was recently posted but for the life of me I can't find the thread.
by Nate79
Thu Jul 12, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: Home ownership vs investing -- condos vs renting, etc
Replies: 108
Views: 5235

Re: Home ownership vs investing -- condos vs renting, etc

Folks forget about the leveraged part when citing real estate appreciation. Consider this: 1. You buy a house for $250,000 with $50,000 down, i.e. you borrow $200,000. 2. The house appreciates at 3% over the next 10 years and is valued at ~$336,000. Correction: 2. You borrow at 4.5% to buy an asset...
by Nate79
Thu Jul 12, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 341
Views: 10337

Re: COMING SOON: BOGLEHEADS PODCASTS

WannabeAgAlum wrote:
Thu Jul 12, 2018 4:26 pm
Bogley McBogleface
That one really made me chuckle.
by Nate79
Thu Jul 12, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to bring up this issue with your boss? (firm failure to contribute employer match)
Replies: 6
Views: 751

Re: How to bring up this issue with your boss? (firm failure to contribute employer match)

I think there should be no issue to bring this up with your boss and ask them if they understand and can explain how the company match works as you haven't received a match yet but are kind of unsure exactly how it works. I would play dumb and not confrontational and have them explain it to you.
by Nate79
Thu Jul 12, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Grandpa's 88 and has term life insurance
Replies: 39
Views: 2851

Re: Grandpa's 88 and has term life insurance

Cancel it and enjoy the extra money. Or perhaps gift some to family.