Search found 39 matches

by Soundguy7
Thu Apr 21, 2016 8:40 pm
Forum: Personal Consumer Issues
Topic: Law School Advice
Replies: 89
Views: 9791

Re: Law School Advice

I am in my 7th year of practice. Looking back, the best advice I received when starting law school was to take the 1L position very seriously. It often lands the 2L job, which often leads to the associate position after graduation. Grades matter but the 1L position can allow a candidate to edge out ...
by Soundguy7
Sun Apr 17, 2016 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Diminished Value Auto Claim
Replies: 12
Views: 1052

Diminished Value Auto Claim

I am asserting a diminished value (DV) auto claim against an at fault driver (through his insurance company, Commerce/MAPFRE): 1. Any general tips? 2. Any experience bringing a DV claim against Commerce/MAPFRE? 3. Any experience with supporting appraisals through DVAssess.com or collisionclaims.com?...
by Soundguy7
Fri Mar 18, 2016 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Age 29; stay in smaller house or buy a bigger house?
Replies: 44
Views: 5074

Re: Age 29; stay in smaller house or buy a bigger house?

sighchological wrote:
Yes, I am in the 27th year of my 30th year of the mortgage.



Don't you mean 3rd year of a 30 year mortgage, if you bought your house 3 years ago?
by Soundguy7
Sun Mar 06, 2016 7:23 pm
Forum: Personal Consumer Issues
Topic: Bread - The Cost and Convenience
Replies: 94
Views: 11202

Re: Bread - The Cost and Convenience

Consider ALDI and Trader Joe's, if possible, where a good loaf of bread may be had for $2.49-$2.99.
by Soundguy7
Mon Feb 01, 2016 9:41 pm
Forum: Personal Consumer Issues
Topic: Manual can opener recommendation
Replies: 45
Views: 4678

Re: Manual can opener recommendation

Better Homes smooth edge opener sold at Walmart. Cheaper than OXO etc and has held up well.
by Soundguy7
Sat Jan 23, 2016 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Selling American Funds - Part Two
Replies: 11
Views: 1519

Re: Selling American Funds - Part Two

Update: I was able get move the AF proceeds into a large cap index the next business day (Tuesday), and the S&P ended up right where I sold the AF last Friday. I was happy to re-enter at the same S&P level (so it really turned out to be quite like an immediate exchange). Then Wednesday happe...
by Soundguy7
Sat Jan 16, 2016 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Selling American Funds - Part Two
Replies: 11
Views: 1519

Re: Selling American Funds

I inherited shares of the American Funds Investment Company of America (AIVSX). I have held it for a few years but started going with low cost index funds last year. I have been looking to dump the more expensive and actively managed AIVSX, which has just been such a dog for such a long time. I hel...
by Soundguy7
Fri Jan 15, 2016 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Selling American Funds - Part Two
Replies: 11
Views: 1519

Selling American Funds - Part Two

I inherited shares of the American Funds Investment Company of America (AIVSX). I have held it for a few years but started going with low cost index funds last year. I have been looking to dump the more expensive and actively managed AIVSX, which has just been such a dog for such a long time. I held...
by Soundguy7
Thu Nov 12, 2015 7:04 pm
Forum: Personal Consumer Issues
Topic: Vacation in Turks and Caicos
Replies: 13
Views: 2153

Re: Vacation in Turks and Caicos

Better sources for information: http://www.tripadvisor.com/Tourism-g147395-Turks_and_Caicos-Vacations.html http://www.tripadvisor.com/ShowForum-g147395-i212-Turks_and_Caicos.html +1 We have gone the last two years in late June. You will find that hotels are quite expensive during high season (rough...
by Soundguy7
Thu Oct 29, 2015 6:42 pm
Forum: Investing - Theory, News & General
Topic: Tax-loss harvesting and switching to cash for 30 days
Replies: 30
Views: 3148

Re: Tax-loss harvesting and switching to cash for 30 days

I harvested losses in late September and moved into alternative funds. While I do not know if that course will always work out, I am glad I did it. Also, I liked how staying in the market eliminated any anxiety about re-entering the market. Worth it for me. :beer
by Soundguy7
Sun Oct 18, 2015 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Dad says to pull back on investments going into 2016, what do you think?
Replies: 52
Views: 8266

Re: Dad says to pull back on investments going into 2016, what do you think?

Invest when you have the money Multiple time, when the market pulls back, I did not had money to invest. Hence happy with "Invest when you have the money" Doesn't it suck to not have money when the market pulls back though? I could make great moves if there is a near term downturn. Did yo...
by Soundguy7
Tue Oct 13, 2015 6:53 pm
Forum: Personal Consumer Issues
Topic: [All weather car mats]
Replies: 59
Views: 4643

Re: All weather car mats

I bought Weathertech for my TSX and think they were well worth the money. They clean easily and have a nice lip on the sides to contain the muck.
by Soundguy7
Sat Oct 10, 2015 10:37 am
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 9167

Re: New investors: how did your first correction go?

There was a correction? Didn't notice. I'm glad to know I got a good deal on some of my automatically scheduled monthly contributions. There wasn't a correction. It was just normally market volatility. Intra year 5-10% drops that last for like a month happen on a pretty much yearly basis. Until you...
by Soundguy7
Fri Oct 09, 2015 9:50 pm
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 9167

Re: New investors: how did your first correction go?

I put 2/3 of a large sum of cash into indexes in July. In late August, I put in the other 1/3. In late September (S&P 1880) I TLH'ed and now have about 5 years worth of carryover losses. Now in October, my alternate funds have shot back up. It has been an interesting few months. But I will stay ...
by Soundguy7
Sun Oct 04, 2015 10:55 am
Forum: Personal Consumer Issues
Topic: Carpet questions - Image Carpets brand/cork underlay
Replies: 0
Views: 251

Carpet questions - Image Carpets brand/cork underlay

We are going to install wall to wall carpet in two upstairs bedrooms to address noise issues. Two questions:

Does anyone have any experience with Image Carpets, a carpet manufacturer? My carpet guy proposed that brand.

Has anyone tried a cork layer under the carpet pad for added sound insulation?
by Soundguy7
Wed Sep 30, 2015 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: HSA investing as part of entire portfolio
Replies: 9
Views: 612

Re: HSA investing as part of entire portfolio

Is there a reason you say the time horizon is so short? I was under the impression that an HSA is a tax sheltered account no different than a 401k or IRA except that it's meant to be used on healthcare expenses? It is tax sheltered but that does not affect my decision not to invest HSA money. I typ...
by Soundguy7
Wed Sep 30, 2015 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: HSA investing as part of entire portfolio
Replies: 9
Views: 612

Re: HSA investing as part of entire portfolio

I personally do not invest my HSA in stocks. I try to contribute to the account as needed so the funds are not in the account very long. With such a short time horizon for the funds, I avoid stocks. Be sure your AA for the HSA is appropriate for your time horizon.
by Soundguy7
Sat Sep 26, 2015 11:47 am
Forum: Investing - Help with Personal Investments
Topic: TLH - cash or alternate fund for 30 days?
Replies: 2
Views: 287

TLH - cash or alternate fund for 30 days?

newboglebe: Around here people TLH from TSM into S&P500 and TISM into FTSE ex-US. Not me. When I take a tax-loss, I do not bother with replacement funds, wash sale rules, additional statements, record keeping, tax-reporting and being stuck with an unwanted fund. I simply exchange the losing sha...
by Soundguy7
Sat Sep 26, 2015 10:13 am
Forum: Investing - Help with Personal Investments
Topic: VTSMX or VFINX? [Vanguard Total Stock vs. 500 Index]
Replies: 24
Views: 8229

TLH

newboglebe: Around here people TLH from TSM into S&P500 and TISM into FTSE ex-US. Not me. When I take a tax-loss, I do not bother with replacement funds, wash sale rules, additional statements, record keeping, tax-reporting and being stuck with an unwanted fund. I simply exchange the losing sha...
by Soundguy7
Fri Sep 25, 2015 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Sell American Funds?
Replies: 13
Views: 1151

Re: Sell American Funds?

livesoft wrote:I thought you meant the relative died when they were old than 90 years-old.


Ah, I see the confusion. I clarified in my OP.
by Soundguy7
Fri Sep 25, 2015 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Sell American Funds?
Replies: 13
Views: 1151

Re: Sell American Funds?

When did you inherit these funds? You do know that the cost basis of inherited assets is generally the value on the date of death of the deceased. This is the so-called "stepped-up basis rule". The relative passed in the early 90's. Not too long beforehand, she put the shares in a trust f...
by Soundguy7
Fri Sep 25, 2015 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Sell American Funds?
Replies: 13
Views: 1151

Sell American Funds?

I inherited class A shares of The Growth Company of America (ER 0.66) and The Investment Company of America (0.59), both from the American Funds family. Total current NAV is about 70k. The initial basis is about 7k (relative passed in early 1990's). Because about 35k has been taxed and reinvested, i...
by Soundguy7
Sat Sep 19, 2015 9:14 pm
Forum: Investing - Theory, News & General
Topic: What does the market want?
Replies: 36
Views: 3338

Re: What does the market want?

I just deleted the bookmarks for all the sites I should be avoiding. Now, how do I program my phone to generate a low voltage shock when I search for the S&P?
by Soundguy7
Sat Sep 19, 2015 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Looking for advice. 24 yr/old young professional sold life insurance by NML.
Replies: 68
Views: 6896

Re: Looking for advice. 24 yr/old young professional sold life insurance by NML.

I am 32/married. A few months ago, I met with an acquaintance/financial advisor. He wanted to sell me WL, and manage my money by putting me into actively managed funds with front end loads and high ERs. I agonized over the decision and was even dry heaving over the stress and gravity of the decision...
by Soundguy7
Fri Sep 18, 2015 9:39 pm
Forum: Investing - Theory, News & General
Topic: What does the market want?
Replies: 36
Views: 3338

Re: What does the market want?

Part of my problem is that I get really into things and want to research the heck out of them...be it the best exterior paint, a car, a household fix, or now investments. I am having trouble stepping back after having put in a lot of thought to get to this point and invest like a Boglehead. Kind of ...
by Soundguy7
Fri Sep 18, 2015 6:06 pm
Forum: Investing - Theory, News & General
Topic: What does the market want?
Replies: 36
Views: 3338

What does the market want?

I've become a bit frustrated with the market reactions concerning interest rates and jobs numbers. If rates go up, stocks will go down because the cost of borrowing goes up. If rates stay the same, stocks still go down because now the Fed must be worried about a global slowdown. Also, I don't unders...
by Soundguy7
Wed Sep 16, 2015 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard forms - cap letters and black ink
Replies: 14
Views: 1376

Re: Vanguard forms - cap letters and black ink

Update: vanguard accepted the form with blue ink and mixed caps! Even better, now I am free from UBS!!
by Soundguy7
Thu Sep 10, 2015 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Self-directed 401k imperfections
Replies: 5
Views: 517

Re: Self-directed 401k imperfections

I should clarify. The plan does have domestic and intl index funds but they are expensive. As such, they are subpar in my mind because they are expensive.

I will check on redemption fees but don't believe there are any.

Should I plan to transfer over to the SD account quarterly? More or less often?
by Soundguy7
Thu Sep 10, 2015 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Self-directed 401k imperfections
Replies: 5
Views: 517

Self-directed 401k imperfections

I recently opted for the self-directed/brokerage window option for my 401k. Due to the way it is set up, I have two accounts now: I have my original account with limited options. That is where my contributions have to go initially. They are invested in my selections within the limited set of options...
by Soundguy7
Sat Sep 05, 2015 11:52 am
Forum: Investing - Help with Personal Investments
Topic: How does selling index funds work?
Replies: 52
Views: 4388

Re: How does selling index funds work?

My current contributions are going into Money Market fund, though.


Why not buy now? There is a nice sale going on right now.
by Soundguy7
Sat Aug 22, 2015 9:24 am
Forum: Personal Finance (Not Investing)
Topic: With Stock Market heading south
Replies: 95
Views: 13946

Re: With Stock Market heading south

If you are following the 200-day SMA, now is the time to get out of both US and Foreign Stocks. But the last time it crossed in Oct 2014, it was a false alarm. And the time before that in Nov 2013 was also a false alarm. There are a lot of false alarms with the 200-day SMA. Time to get out? Or...mo...
by Soundguy7
Sat Aug 22, 2015 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard forms - cap letters and black ink
Replies: 14
Views: 1376

Re: Vanguard forms - cap letters and black ink

I agree that it is simple to accommodate but I overlooked that part of the instruction (I clearly printed with capital and lowercase letters and dark blue ink)...problem is that I already secured the Medallion signature. Not sure if I should just submit as is or redo.
by Soundguy7
Sat Aug 22, 2015 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard forms - cap letters and black ink
Replies: 14
Views: 1376

Vanguard forms - cap letters and black ink

Has anyone experienced Vanguard rejecting a form for failing to use capital letters and/or black ink?
by Soundguy7
Thu Aug 20, 2015 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer to Self directed 401k
Replies: 2
Views: 375

Re: Transfer to Self directed 401k

Thanks for the tip. I am light on bonds though so I could not go that route. I ended up crossing my fingers and it turned out well. My assets were liquidated yesterday and transferred today. I jumped back in at 3:45. I got a nice 2% discount upon moving back in. Oddly, I was told I could not buy Van...
by Soundguy7
Mon Aug 17, 2015 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer to Self directed 401k
Replies: 2
Views: 375

Transfer to Self directed 401k

I am about to transfer my 401k to a self directed account (in plan transfer). I have been told that I will be out of the market for about two days as a result. I am a bit concerned about having to buy back in at higher prices (I also understand I could make out better if the market goes down). Has a...
by Soundguy7
Thu Jul 16, 2015 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Acct. opened-questions for allocation
Replies: 10
Views: 931

Re: Vanguard Acct. opened-questions for allocation

DCA= dollar cost average I bought a lot on the recent dip (like you I had a bunch of cash on the sidelines). I gave a lot of thought to the notion that time in the market is more important than timing the market. If you keep some in cash, go with Ally bank (savings interest rate of .99%). Don't lock...
by Soundguy7
Thu Jul 16, 2015 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investment v. DCA v. Waiting
Replies: 53
Views: 9234

Re: Lump sum investment v. DCA v. Waiting

Thanks for all the input. I decided to buy in 1/3 chunks last week on bad news. When trading on the NYSE halted and the media was freaking out, I saw a buying opportunity. I also got in ahead of the turnaround in Greece. I chose not to DCA over a long period of time because I felt like I would be be...
by Soundguy7
Wed Jun 24, 2015 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investment v. DCA v. Waiting
Replies: 53
Views: 9234

Re: Lump sum investment v. DCA v. Waiting

Thanks for the responses. I think it is very much psychological and am getting more comfortable with the idea of a LS investment.

PS - I realize now I may have commited a mortal sin by asking about DCA. It was my first post so I hope I get a pass this time!
by Soundguy7
Wed Jun 24, 2015 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investment v. DCA v. Waiting
Replies: 53
Views: 9234

Lump sum investment v. DCA v. Waiting

I have a lump sum of cash I wish to invest with a 30 year time horizon. Given current market conditions and near record highs, should I invest in one shot now, invest over time starting now, or wait altogether for a correction? While I understand that trying to time the market is not advised especia...