Search found 231 matches

by Sublime8700
Thu Apr 28, 2016 6:39 am
Forum: Personal Finance (Not Investing)
Topic: First-Time Home Mortgage - Highly Variable Income
Replies: 9
Views: 788

Re: First-Time Home Mortgage - Highly Variable Income

Anyone had any experience with products that somehow tie your mortgage to your cash/equities/bond assets instead of to your "financial condition" however that may be determined for a sole prop. with highly variable income?
by Sublime8700
Tue Apr 26, 2016 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: First-Time Home Mortgage - Highly Variable Income
Replies: 9
Views: 788

Re: First-Time Home Mortgage - Highly Variable Income

That option sounds interesting. It also sounds like the devil is in the details and it may be something that looks great and turns out really badly.
by Sublime8700
Tue Apr 26, 2016 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: First-Time Home Mortgage - Highly Variable Income
Replies: 9
Views: 788

First-Time Home Mortgage - Highly Variable Income

I'm a first time (potential) home-buyer looking for a good starting point. Setting aside the cost of the home, it seems the two things that I would likely have a difficult time with / could screw up badly would be: 1. Obtaining a mortgage 2. Closing Fees (there seem to be so many - though this seems...
by Sublime8700
Wed Apr 06, 2016 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Better to sell Long Term Cap Gain (large) or Short Term (much smaller)
Replies: 9
Views: 529

Re: Better to sell Long Term Cap Gain (large) or Short Term (much smaller)

I'm not much of a math guy to be honest (even simple math) but my gut reaction was that it'd make sense to sell the short term cap gains and lock in small profits at higher tax. Having broken this down, here's what I came up with: I could offset against TLH, of course, but I'd rather not have to (if...
by Sublime8700
Wed Apr 06, 2016 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Better to sell Long Term Cap Gain (large) or Short Term (much smaller)
Replies: 9
Views: 529

Re: Better to sell Long Term Cap Gain (large) or Short Term (much smaller)

Let's say for the purpose of this question I need $100,000 of cash. I would pay a higher tax rate on the short-term gains but they are far less substantial. So for example, let's say I bought Total International for $100,000 and 3 months later it's worth $104,000 I have STCG of $4,000 and I could se...
by Sublime8700
Wed Apr 06, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Better to sell Long Term Cap Gain (large) or Short Term (much smaller)
Replies: 9
Views: 529

Better to sell Long Term Cap Gain (large) or Short Term (much smaller)

Hi All - I need to liquidate some of my personal account in order to pay taxes. As I TLH a lot after the market go beaten down a few months ago and then go back into similar holdings the new holdings all have short term cap gains. They are in the range of $4,000 to $10,000 let's say. The normal Tota...
by Sublime8700
Wed Apr 06, 2016 5:33 am
Forum: Investing - Help with Personal Investments
Topic: Estate Planners in Illinois
Replies: 2
Views: 182

Re: Estate Planners in Illinois

Chicago.

What would be the alternative to a trusts and estates / estates planner?

Forgive my ignorance. I'm asking on behalf of family as a place to start :)
by Sublime8700
Wed Apr 06, 2016 5:22 am
Forum: Personal Consumer Issues
Topic: San Francisco in August - hotel options?
Replies: 42
Views: 1977

Re: San Francisco in August - hotel options?

I'd use hoteltonight App -- amazing deals.
by Sublime8700
Wed Apr 06, 2016 5:19 am
Forum: Investing - Help with Personal Investments
Topic: Estate Planners in Illinois
Replies: 2
Views: 182

Estate Planners in Illinois

Hi -

I'm looking for an estate planner for family in Illinois. Not a wealth manager, advisor etc. specifically an estate planner.

Any specific suggestions feel free to PM.

If you have any resources to check out, would love to see them in the thread.

Thanks!
by Sublime8700
Thu Feb 11, 2016 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Loss / LT Cap Gain - TL Harvesting
Replies: 10
Views: 351

Re: Short Term Loss / LT Cap Gain - TL Harvesting

Would this best be done on the phone if I'm unsure of myself? Do they help with this sort of stuff?
by Sublime8700
Thu Feb 11, 2016 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Loss / LT Cap Gain - TL Harvesting
Replies: 10
Views: 351

Re: Short Term Loss / LT Cap Gain - TL Harvesting

Right - I know I want to sell the short term losses but what I'm less clear about is the fundamentals within Vanguard of selecting those specifically....
by Sublime8700
Thu Feb 11, 2016 6:50 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Loss / LT Cap Gain - TL Harvesting
Replies: 10
Views: 351

Re: Short Term Loss / LT Cap Gain - TL Harvesting

Thanks :)

Not sure that helped with how to separate lots of winners and losers though. I presume I have to do some sort of cost basis thing -- perhaps it's best to call my Flagship advisor and try him out for size....
by Sublime8700
Thu Feb 11, 2016 6:14 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Loss / LT Cap Gain - TL Harvesting
Replies: 10
Views: 351

Short Term Loss / LT Cap Gain - TL Harvesting

Hi All -

I have a short-term loss of about $5,000 on Total Stock Market but a long-term CB of about $17,000 on it.

I would like to Tax Loss Harvest the $5,000 loss and buy the 500 fund.

Can someone give me some quick bullet points on how to do this? Sorry for the newbie question!

Thanks!
by Sublime8700
Mon Jan 11, 2016 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Small Cap Value --> Good Alternative?
Replies: 5
Views: 297

Re: Tax Loss Harvesting Small Cap Value --> Good Alternative?

Thanks for your help.

Silly question:

Is it possible to transfer from one to the other or do you have to sell one into money market and then purchase the other fund the next day?

I presume you can transfer directly but please advise!
by Sublime8700
Mon Jan 11, 2016 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Small Cap Value --> Good Alternative?
Replies: 5
Views: 297

Tax Loss Harvesting Small Cap Value --> Good Alternative?

I've got a sizeable position in Vanguard Small Cap Value Admiral Shares. They happen to have a significant loss right now and I'm considering TLH. What would be a good fund to buy to avoid a wash-sale? Or should I just ignore the TLH possibility because it isn't easily replicated and I might want to...
by Sublime8700
Thu Dec 03, 2015 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Rental Car Insurance Without Car Insurance - Need Liability Insurance
Replies: 17
Views: 847

Re: Rental Car Insurance Without Car Insurance - Need Liability Insurance

Thanks a lot for this. It seems that they either have left this marketplace (and plans are grandfathered) or; I didn't ask correctly I am guessing the latter. I will try again tomorrow and report back. I will also try USAA The issue with Geico was that they wouldn't write the Umbrella if they didn't...
by Sublime8700
Wed Dec 02, 2015 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Insurance Without Car Insurance - Need Liability Insurance
Replies: 17
Views: 847

Re: Rental Car Insurance Without Car Insurance - Need Liability Insurance

Really? It seems insanely high but what do I know. If the main concern is injuring a third party, what kind of liability would be appropriate? $500k/$500k or $500k/$1m or less? Presuming we have more assets than $1m... The other questions would be if getting car insurance prior to owning a car would...
by Sublime8700
Wed Dec 02, 2015 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Insurance Without Car Insurance - Need Liability Insurance
Replies: 17
Views: 847

Re: Rental Car Insurance Without Car Insurance - Need Liability Insurance

30 year old male with entirely clean driver's license.

32 year old wife who does not presently have a US driver's license (green-card and foreign driver's license) but she will be getting a license shortly which would also be clean.
by Sublime8700
Wed Dec 02, 2015 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Insurance Without Car Insurance - Need Liability Insurance
Replies: 17
Views: 847

Re: Rental Car Insurance Without Car Insurance - Need Liability Insurance

One question would be whether it makes any sense to just get auto-insurance (normally) which presumably would cover rental car liability and would allow us to also purchase umbrella insurance. I presume auto-insurance doesn't require you to own a car...? The quote Farmer's insurance gave was almost ...
by Sublime8700
Wed Dec 02, 2015 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Insurance Without Car Insurance - Need Liability Insurance
Replies: 17
Views: 847

Re: Rental Car Insurance Without Car Insurance - Need Liability Insurance

Update: Farmers Insurance gave me a quote of $750 for 6 months for $500k/$500k name non-owner insurance with the lowest possible property damage ($5,000).

That seems insane, no?
by Sublime8700
Wed Dec 02, 2015 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Insurance Without Car Insurance - Need Liability Insurance
Replies: 17
Views: 847

Re: Rental Car Insurance Without Car Insurance - Need Liability Insurance

It looks like this is very state specific. In California I have been told by Geico, State Farm and Farmers they don't do it. I think I must be asking the wrong questions but I'm asking for "name non-owner..."
by Sublime8700
Wed Dec 02, 2015 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Insurance Without Car Insurance - Need Liability Insurance
Replies: 17
Views: 847

Re: Rental Car Insurance Without Car Insurance - Need Liability Insurance

We rent our home as well. Perhaps the best idea would be to get renter's insurance that had some liability insurance as well + an umbrella policy? Right not we only have health insurance... Update: Geico refuses to write a policy if we do not own, lease or finance a car (e.g rent) but am trying with...
by Sublime8700
Wed Dec 02, 2015 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Car Insurance Without Car Insurance - Need Liability Insurance
Replies: 17
Views: 847

Rental Car Insurance Without Car Insurance - Need Liability Insurance

Hi Guys - I'm a California resident using (for a variety of reasons) a rental car on a longer term basis. Let's say it's for the next two months. The car gets "primary insurance" because it was purchased with an American Express Platinum card. However, my understanding is that this does NO...
by Sublime8700
Sat Oct 03, 2015 11:13 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 327
Views: 27222

Re: Northwest FCU 3-year 3.04% Add-On CD

Were people really able to fund this with a credit card? And it didn't code as a cash-advance?
by Sublime8700
Thu Sep 03, 2015 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance
Replies: 52
Views: 5167

Re: Umbrella Insurance

We rent our apartment and have no issues with the landlord.

We also (for now) rent a car as we are new in town. I am not entirely sure what the insurance policy is but I think it is very, very minimal given the price we are paying.
by Sublime8700
Thu Sep 03, 2015 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance
Replies: 52
Views: 5167

Umbrella Insurance

I've been advised that I (29 years old with a wife and two year old son) should have Umbrella Insurance.

Any advice on where to look or specific things to look for / avoid?

Thanks!
by Sublime8700
Sun Aug 23, 2015 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting / Avoiding Wash-Sale?
Replies: 1
Views: 152

Re: Tax Loss Harvesting / Avoiding Wash-Sale?

I'm presuming that I clearly can sell shares in the Vanguard Small Cap Index Fund and buy shares in the Vanguard Small Cap Value Index Fund and that also would avoid the Wash-Sale rule...?
by Sublime8700
Sun Aug 23, 2015 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting / Avoiding Wash-Sale?
Replies: 1
Views: 152

Tax Loss Harvesting / Avoiding Wash-Sale?

I just was "fortunate" enough to buy some shares in VFIAX (500 Fund) which have incurred a significant loss since I bought them in the last week. I have a far bigger holding in the Vanguard TSM Admiral shares. Would I be able to sell the loss in the 500 fund and buy shares in the TSM and a...
by Sublime8700
Fri Aug 21, 2015 2:10 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

Re: California Munis / Federal Munis or 529?

Stupid question but: how are the money savings substantial when I'd need to pay an extra 10% CA state tax with CA Tax-Exempt Bonds vs. Intermediate Term Tax Exempt?

(I do like simplicity too) :)
by Sublime8700
Fri Aug 21, 2015 12:13 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell a fund that just went red?
Replies: 9
Views: 1216

Re: Should I sell a fund that just went red?

As someone who bought in fairly large a few days ago by chance and doesn't have carry-over TLH this seems to be an interesting idea. I'm not sure why this wouldn't make sense if you can avoid the wash-sale rule which I don't quite remember.
by Sublime8700
Tue Aug 18, 2015 1:06 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

Re: California Munis / Federal Munis or 529?

Quite frankly this is a bit out of my paygrade - one of the things I like about BH is that it's so simple and I can set it / forget it and move on with my life. That said, I'm dealing with a significant amount of money. Perhaps it's time to get a fee-based financial advisor (not one that charges a %...
by Sublime8700
Tue Aug 18, 2015 12:27 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

Re: California Munis / Federal Munis or 529?

And I noticed: To achieve a true intermediate term one wouldn't get intermediate term treasuries (muni) and intermediate term tax exempt (CA) but rather limited term treasuries and long term CA.... That's unfortunate because I just bought a bunch of the intermediate term federal treasuries... so I g...
by Sublime8700
Tue Aug 18, 2015 12:24 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

Re: California Munis / Federal Munis or 529?

But there's no good reason not to have at least 50% in California Munis effectively is the upshot? Whether it's via half limited term/half long term or some other combination... And then half in intermediate term treasuries (muni) And that's a pretty solid mix of tax benefits and diversification? I'...
by Sublime8700
Mon Aug 17, 2015 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

Re: California Munis / Federal Munis or 529?

Is there any reason to be more or less worried about California than other places? Or is that just priced in anyway?

Is the duration roughly the same or is there anything to worry about on that front?
by Sublime8700
Mon Aug 17, 2015 3:01 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

Re: California Munis / Federal Munis or 529?

Am I Not more diversified by holding 100% intermediate term tax exempt as opposed to 50% California / 50% Intermediate Term Tax Exempt (I assume these are Federal?)

What would your advice be?
by Sublime8700
Thu Aug 13, 2015 3:40 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

Re: California Munis / Federal Munis or 529?

Do you mind explaining the difference in just holding the intermediate CA Muni Bond fun between achieving a similar duration (admiral share cost) vs. 50% long-term/50% short/limited term?
by Sublime8700
Wed Aug 12, 2015 5:20 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

Re: California Munis / Federal Munis or 529?

I should add that the intermediate term bonds would be admiral shares.

And I'm considering keeping the Total Stock Market I have and adding VTCLX (Tax Managed Appreciation Fund) from now on as it seems similar with better tax consequences. (This may be dumb -- please tell me!)
by Sublime8700
Wed Aug 12, 2015 5:14 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1754

California Munis / Federal Munis or 529?

I hold some intermediate term tax-exempt bonds: (VWIUX) As a resident of California (in a high tax bracket (age 28) with $2.5 million in assets would it make sense from a tax perspective to hold California Tax Exempt Intermediate Term Municipal Bonds (VCADX) as I live in California? This is strictly...
by Sublime8700
Thu Jun 18, 2015 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Betterment thoughts?
Replies: 5
Views: 1437

Betterment thoughts?

Does anyone have any experience with www.betterment.com ?

Seems to be boglehead-ish with low costs, Tax loss harvesting, and rebalancing.

Curious what people think...
by Sublime8700
Tue Apr 07, 2015 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

BTW is there any good way to get your FICO score without spending $50 on Experian?
by Sublime8700
Tue Apr 07, 2015 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

So I paid everything off early and now it appears experian and transunion are ~ 750 but equifax is still 630 which I suspect is due to slow reporting...

Thanks for the pointer to credit karma!
by Sublime8700
Tue Mar 17, 2015 4:00 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

I'm going to do an experiment and (have already) paid everything down to $0.

I now have 2 late payments of trivial amounts in 8 years and nothing else on my report.

Anyone want to hazard a guess at where I'll be in 60 days presuming it stays this way?
by Sublime8700
Tue Mar 17, 2015 3:53 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

The OP is wasting his and everyone else's time. There has to be something going on here that will show up on his credit reports. Get the %$#@ reports. By the way, unless the OP has giant megabucks, that is an incredible amount of credit to have available, imho. I re-re-reviewed my credit report tod...
by Sublime8700
Mon Mar 16, 2015 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

Blah - but I thought I wasn't supposed to check my credit score more than once a year ("hard pull") and I did it a month ago and it said 650 :(
by Sublime8700
Mon Mar 16, 2015 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

Thanks for all the help guys. I think the big question is what's up with the 100 point drop. Not that I was 650 before.
by Sublime8700
Mon Mar 16, 2015 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

DSInvestor wrote:You may have zero balance on the 130K of credit that you know of. What if there were things that you're not aware of? Pull your credit reports just in case.


Fair enough. But the $130,000 was from the Credit Reports I pulled...
by Sublime8700
Mon Mar 16, 2015 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

(My only sin would be applying for (and getting approved for - in the past) rewards credit cards.)

The only reason this bothers me is because suddenly I can't get approved for any credit card -- for no reason.
by Sublime8700
Mon Mar 16, 2015 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

Guys - I suppose I have $130,000 or so of revolving credit from a few credit cards with $35k limits. The only reason I am even remotely close to using $30,000 etc. is because I have a lawyer that takes credit cards. I have never, ever carried a balance. I may have, at some point in the last 8 years,...
by Sublime8700
Mon Mar 16, 2015 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 4265

Re: Credit Report Very Low For No Reason? Fixing it?

OK. I have to ask: what's fair Isaac? :)

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