Search found 198 matches

by The Dan
Sat Jun 24, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4517

Re: What is your car's average cost ownership?

Going back and re-reading the original post, I see that the OP is trying rationalize a $289 lease deal on a new Camaro. Based on previously owning a Camaro for 7.5 years and paying $234/month, I can see why the lease deal would be attractive to you. New car, no maintenance hassles, etc. I wonder if ...
by The Dan
Fri Jun 23, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 68
Views: 4142

Re: Bogleheads: Please help me pick a new car

As an aside, I will never forget what the "Car Talk" guys had to say about Lexus. Paraphrasing: A Lexus is just a Toyota with a $15,000 "L" on it. Doesn't the Lexus have many refinements such as better soundproofing, ventilated seats, and other niceties? Is it worth $15k...proba...
by The Dan
Thu Jun 22, 2017 11:19 pm
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4517

Re: What is your car's average cost ownership?

Good data The Dan. But when I review this data I am very confused by the giant $11.6K maintenance costs for the 1999 Nissan Altima. This item totally drives the costs on that car. What happened to create so big a repair bill? All your other cars were $1.4K or so. So why would you spend that much on...
by The Dan
Thu Jun 22, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4517

Re: What is your car's average cost ownership?

Wouldn't gas prices be different across time periods? For example if I owned a 45mpg Prius when I lived in an area where gas cost $3/gallon vs when I owned a 15mpg Camaro living in an area where gas cost $1/gallon, and drove the same total distance, then my gas costs owning a Prius and a Camaro wou...
by The Dan
Thu Jun 22, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Did I just get seriously ripped off?? (Car lease)
Replies: 54
Views: 4530

Re: Did I just get seriously ripped off?? (Car lease)

In this recent thread , it was mentioned that BMW makes a lot of engines that have a built-in "acceptable" level of oil consumption: http://www.consumerreports.org/cro/magazine/2015/06/excessive-oil-consumption/index.htm "Audi, BMW, and Subaru stick firmly to the statement that oil co...
by The Dan
Thu Jun 22, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: What is your car's average cost ownership?
Replies: 70
Views: 4517

Re: What is your car's average cost ownership?

We had a thread on the topic of car costs earlier this year: The Sweet Spot for Yearly Car Costs Since then, I have carefully complied all of my data to try to get the most accurate picture of what I spend on cars. It was eye-opening for me. As you can see from my raw data, I am not very savvy in mi...
by The Dan
Wed Jun 21, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Did I just get seriously ripped off?? (Car lease)
Replies: 54
Views: 4530

Re: Did I just get seriously ripped off?? (Car lease)

If you can afford a $50k car, then you don't need to worry about every nickel and dime. Go enjoy your new car!

By the way, the standard Boglehead response is "Of course you got ripped off, you could have bought a used beige Camry!"
by The Dan
Mon Jun 19, 2017 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy an $800k house?
Replies: 89
Views: 6086

Re: Should I buy an $800k house?

Your total current assets are $220k + $130k + $260k = $610k. Your total yearly income is $260k. Seems like with those numbers, you are good to go to buy the $800k house. You state that your non-housing expenses are $30-40k per year. I would try to get that number as low as possible, limit eating out...
by The Dan
Mon Jun 19, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: New Box Spring?
Replies: 22
Views: 1164

Re: New Box Spring?

You could just get a platform bed, and you will never need a Box Spring again. A few years ago, I built my own using about $100 of lumber from Home Depot. I wanted it to be low so that our aging cat could easily jump up on it. I find that the platform is supporting my coil spring mattress better tha...
by The Dan
Sun Jun 18, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Treasury Money Market (VUSXX)
Replies: 1
Views: 297

Vanguard Treasury Money Market (VUSXX)

Since Vanguard made the switch to the Federal Money Market (VMFXX) for the brokerage settlement account, I have kept small amounts of money there. When I went to do my taxes last year, I figured that since VMFXX is invested in federal securities, the dividend income would be exempt from state (CA) t...
by The Dan
Fri Jun 16, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 97
Views: 9286

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Can you please name some of the online banks that have 1.25-1.35% rates? Savings Account Rates | DepositAccounts.com . I don't see 1.35%, but I see three at 1.30% and three at 1.25%. You can get 1.35% for minimum of $25K in a no-penalty 11-month CD at Ally Bank. You must wait six days to do early w...
by The Dan
Thu Jun 15, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Formulas for International Stock Allocation
Replies: 8
Views: 867

Re: Formulas for International Stock Allocation

None of them suggest that volatility is minimized at 0% international. It seems to me you have many complex formulas which do not produce foreseeably useful results. For me, the point of using a defined formula for decreasing the International stock allocation over time isn't to minimize volatility...
by The Dan
Thu Jun 15, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Buying cost vs renting (specifically for me)... can anyone fact check this?
Replies: 36
Views: 2015

Re: Buying cost vs renting (specifically for me)... can anyone fact check this?

One cost to add to your calculations is the fee for selling the house. For example, to sell an $800k house, it will cost you about 7% in realtor commissions, title fees, inspections, etc. (It might cost a little less if you use Redfin or some low cost broker). Assuming 7%, that's $56k in sales fees ...
by The Dan
Wed Jun 14, 2017 7:45 pm
Forum: Investing - Theory, News & General
Topic: Formulas for International Stock Allocation
Replies: 8
Views: 867

Re: Formulas for International Stock Allocation

...Over the long term, currency risk is minimal (since any currency fluctuations should balance themselves out)... No, that doesn't follow logically. You are saying that because currency has zero long-term return, the fluctuations don't matter. But normally investors do not take unrewarded risk. If...
by The Dan
Wed Jun 14, 2017 2:27 pm
Forum: Investing - Theory, News & General
Topic: Formulas for International Stock Allocation
Replies: 8
Views: 867

Formulas for International Stock Allocation

In this recent thread , several people commented that one of the main risks of international investing is currency risk. At least part of the under-performance of international equities since 2009 can be blamed on the effects of currency fluctuations: https://i.imgur.com/JNxXsgs.jpg green line = VT...
by The Dan
Mon Jun 12, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Have you canceled cable?
Replies: 91
Views: 5448

Re: Have you canceled cable?

I cut the cable cord about seven years ago. With the combination of Netflix, Hulu and an antenna, there is just no need for cable. I get all the content I need. For phone service, I ditched that many years ago as well. Switched to a combination of Google Voice along with something called an Obihai f...
by The Dan
Tue Jun 06, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Board Game!!
Replies: 31
Views: 2239

Re: Boglehead Board Game!!

Purchased a used Toyota Camry? You may be eligible for the Boglehead Color Bonus!
red, blue or green = -2 spaces
white, black, silver or grey = +2 spaces
beige = +5 spaces
by The Dan
Sun Jun 04, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead approved actively managed funds!
Replies: 28
Views: 2789

Re: Boglehead approved actively managed funds!

The Vanguard PRIMECAP funds certainly seem worthy of consideration. They seem to consistently beat the Total Market, and the fact that they are closed to most new investors should help them avoid the asset bloat that dooms a lot of successful funds.

Image
by The Dan
Tue May 02, 2017 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Sleep well or not ? [Vanguard Intermediate-Term Tax-Exempt]
Replies: 45
Views: 6648

Re: Sleep well or not ? [Vanguard Intermediate-Term Tax-Exempt]

I would probably sleep best if my bonds were all treasuries. One really shouldn't look at the return of bonds in isolation, but rather a stock/portfolio close to your AA. Treasuries, probably because of the flight to safety reflex of investors, tend to go up most when equities plunge. I agree with ...
by The Dan
Mon Apr 17, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Investors backing off their equity AA primarily due to 8-year bull market?
Replies: 56
Views: 4868

Re: Investors backing off their equity AA primarily due to 8-year bull market?

The fact that the bull market keeps going is evidence of the fact that people are doing exactly the opposite of decreasing their equity exposure. Which people are increasing their exposure? Based on a few responses in this thread: I backed off my equity AA by 5% when I retired in 2015, not because ...
by The Dan
Mon Apr 17, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Sitting on Cash
Replies: 24
Views: 3667

Re: Sitting on Cash

To prevent you from overspending on the house, I would recommend establishing a set % of your total net worth that you want to have invested in a house, and only invest that amount in the safe investments, with the remainder being invested more aggressively for retirement purposes. You haven't menti...
by The Dan
Tue Apr 04, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Closing on [May 1st], weighing points
Replies: 14
Views: 1420

Re: Closing on 5/1, weighing points

This is a 30-year fixed rate loan, right? If we assume that this is your forever home (you will live there for 30 years): Loan Amount = $1,056,000 Interest Rate --- Upfront Cost --- Total Loan Interest Paid --- Savings --- Investment Return 3.75% --- $21,120 --- $704,580 --- $81,864 --- 4.62% 3.875%...
by The Dan
Tue Apr 04, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Economics of Charging an Electric Car
Replies: 85
Views: 6353

Re: Economics of Charging an Electric Car

Another problem that seems to be glossed over is that the small allegedly "economical" EVs cannot function as the only car for very many people who drive cars at all. If you ever need to drive more than 50-60 miles in a single hop, you'll need to own a fossil-fuel powered or hybrid car an...
by The Dan
Tue Apr 04, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: Economics of Charging an Electric Car
Replies: 85
Views: 6353

Re: Economics of Charging an Electric Car

In the long run I believe the price of gas will stay low, while electricity costs increase. Your best bet is to buy a house and install solar! Is the $.19 cents the base rate, or a higher tier? If it's a higher tier you might want to see if you can lower overall consumption by switching to LED, or ...
by The Dan
Fri Mar 31, 2017 5:25 pm
Forum: Personal Consumer Issues
Topic: Economics of Charging an Electric Car
Replies: 85
Views: 6353

Re: Economics of Charging an Electric Car

$2.10 per gallon, $0.198 /kWH so 31.8 MPG equivalent. So makes no sense for electric for me. I get that in our AWD Subaru Crosstrek. A new $18k Impreza would blow that number out of the water and still get up my driveway. Only considering the fuel costs, then yes your 31.8 MPG Crosstrek costs the s...
by The Dan
Fri Mar 31, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Economics of Charging an Electric Car
Replies: 85
Views: 6353

Re: Economics of Charging an Electric Car

With a local residential rate of just under $0.10/kWh, I guess when my Model 3 arrives I may actually see some savings? That's a great rate! You will definitely be saving money over any gas-powered ICE car. For comparison, if I had your $0.10 electric rate with my e-Golf, it would cost the same as ...
by The Dan
Thu Mar 30, 2017 9:46 pm
Forum: Personal Consumer Issues
Topic: Economics of Charging an Electric Car
Replies: 85
Views: 6353

Re: Economics of Charging an Electric Car

This implies about 30% of charging losses. If the VW e-golf is similar, if you are consuming 25 kWh for a charge right now, going to 240V level 2 should bring your charge down from 25 kWh to 17.8 kWh. I'm curious how you are measuring the 25 kWh though - that would take 13.88 hours with a 120V/15 a...
by The Dan
Thu Mar 30, 2017 8:39 pm
Forum: Personal Consumer Issues
Topic: Economics of Charging an Electric Car
Replies: 85
Views: 6353

Economics of Charging an Electric Car

I purchased a VW e-Golf about 15 months ago, and it’s a great car. I sat down recently to crunch some numbers and see just how much I am saving by charging at home instead of buying gas. Surprisingly, I’m not saving too much. Here are my numbers: The car range is 80-100 miles, but I usually run it f...
by The Dan
Wed Mar 29, 2017 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: New York Muni Bond?
Replies: 7
Views: 565

Re: New York Muni Bond?

I would just use the data from the Vanguard website. Why are you considering munis at all? Your tax bracket does not seem high enough to make this worthwhile. For 2017, income between $9,325 to $37,950 puts you in the 15% bracket. Adding this to your 8.82% tax from NY + NYC = 23.82% If you get somet...
by The Dan
Mon Mar 27, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: The Sweet Spot for Yearly Car Costs
Replies: 54
Views: 4221

Re: The Sweet Spot for Yearly Car Costs

Your experience is atypical. You also sold some of these vehicles on the cheap and used a dealer for repairs, a good bit of which may have been unnecessary, but all of which were twice the cost you could have done elsewhere. If you do things that way, a lease is not a bad deal in comparison. JT You...
by The Dan
Mon Mar 27, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: Toyota vs. Honda
Replies: 58
Views: 4796

Re: Toyota vs. Honda

I have owned a Toyota Yaris and a Honda Accord, both automatics, although both for only about 1.5 years. My impressions: The Toyota auto transmission was super smooth, which I also noticed on a Camry I rented recently. The Honda did not shift as smoothly, and also had higher shift points allowing th...
by The Dan
Sun Mar 26, 2017 12:46 pm
Forum: Personal Consumer Issues
Topic: The Sweet Spot for Yearly Car Costs
Replies: 54
Views: 4221

Re: The Sweet Spot for Yearly Car Costs

Wow, $11.5k in maintenance on the Altima seems really high; the maintenance on the Cherokee doesn't seem much better. Have you had some really major repairs, did you pay for dealer service, etc? Yeah, the Altima had some major repairs. It spent some time in the snow and salt, so eventually the whol...
by The Dan
Sun Mar 26, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: The Sweet Spot for Yearly Car Costs
Replies: 54
Views: 4221

Re: The Sweet Spot for Yearly Car Costs

OP here. Thanks to everyone who responded so far, lots of interesting viewpoints. I definitely blew it in my initial example using the Yaris. I didn’t hold the car long enough, and then didn’t maximize the sales price by using CarMax. If I had held for 3-5 years and then sold to a private party, I p...
by The Dan
Fri Mar 24, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: Car Dealer Forgot to Charge Sales Tax - Ouch
Replies: 39
Views: 4172

Re: Car Dealer Forgot to Charge Sales Tax - Ouch

So there are 2 options here, and both are not good: 1) The dealer is running a scam 2) The finance guy was truly inept, considering he does this stuff all day everyday. Either way, might be wise to avoid this dealer in the future. Just curious, how much of a deal do you get for buying 2 cars at once...
by The Dan
Fri Mar 24, 2017 1:11 pm
Forum: Personal Consumer Issues
Topic: The Sweet Spot for Yearly Car Costs
Replies: 54
Views: 4221

The Sweet Spot for Yearly Car Costs

I am wondering what the Bogleheads think is the sweet spot for the yearly cost of having an automobile. In my experience, I think around $3000 per year is the sweet spot, and I will submit the 2017 Toyota Camry as the gold standard. Reliable, comfortable transportation. This car is available as a 3-...
by The Dan
Thu Mar 23, 2017 6:06 pm
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 9168

Re: The $1,124,176 Car.

A Toyota Yaris? Cheap. Owning it outright before hitting 40,000 miles? Priceless. I bought into the whole car-frugality-mindset a few years ago, and bought a Mr Money Moustache-approved tiny hatchback (a 2010 Toyota Yaris). The driving experience was awful, it was so light that the winds could push...
by The Dan
Thu Mar 23, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: International Allocation
Replies: 16
Views: 887

Re: International Allocation

Any international allocation between 0-50% can be effectively argued for.
I am currently at 0% international.
I could probably be swayed to include up to 50% international, but I just don't think it will make much difference to my Final Result, so I am keeping it simple.
#minimalism
by The Dan
Thu Mar 23, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: Why buy short-term bond funds when you can get 1% in savings acct?
Replies: 29
Views: 2935

Re: Why buy short-term bond funds when you can get 1% in savings acct?

Reasons to buy short-term treasury** bond fund instead of bank savings account: 1) Simplicity. Put in as much money as you want into 1 fund, instead of spreading it around to multiple accounts to stay under the $250k FDIC limit. 2) Treasuries are exempt from state and local taxes on interest. 3) Fea...
by The Dan
Tue Jan 03, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 676
Views: 24141

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

1818.36

Based on the guesses so far, the average Boglehead is predicting a 2.2% increase in the S&P500 this year.
Image
(The red line shows the 2017 starting value for the S&P500.)
http://i64.tinypic.com/5d8che.jpg
by The Dan
Tue Nov 22, 2016 11:10 pm
Forum: Personal Consumer Issues
Topic: Owning a Chromebook
Replies: 77
Views: 10826

Re: Owning a Chromebook

This discussion has me thinking that my next computer will be a Chromebook, but for now I will probably not retire my 6-year old Windows machine, since I like being able to download programs from time to time. For instance, in the last few days I needed to scan a bunch of documents, so I downloaded ...
by The Dan
Thu Nov 17, 2016 12:35 pm
Forum: Investing - Theory, News & General
Topic: Muni bonds are getting killed. Are you bailing out?
Replies: 88
Views: 14495

Re: Muni bonds are getting killed. Are you bailing out?

I'm not sure where to put these assets. We're fortunate to be in the top federal tax bracket right now, and when you add California state taxes, 53% of any taxable interest income would be lost to taxes (that's the marginal rate). ...... At this point, any suggestions on how to invest this money ar...
by The Dan
Wed Nov 16, 2016 5:20 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Stand-up Desks
Replies: 22
Views: 2687

Re: Alternatives to Stand-up Desks

You might already own this stand-up desk! http://kareproducts.com/blog/wp-content/uploads/2013/11/stand-up-desk-funy2.jpg Now this looks comfortable: http://i65.tinypic.com/iympes.jpg The bean-bag option: https://s-media-cache-ak0.pinimg.com/564x/7b/4c/96/7b4c96479c5c9be5f5a50ce73fa75c9b.jpg How abo...
by The Dan
Wed Oct 26, 2016 1:00 pm
Forum: Personal Consumer Issues
Topic: Juicer Recommendation?
Replies: 28
Views: 1934

Re: Juicer Recommendation?

I have been using the Omega 8004 horizontal masticating juicer for many years, it works well. My main "green" juice is composed of apples, celery and kale, plus cucumbers sometimes. My main "orange" juice is just carrots and oranges. The Omega also has several attachments, one of...
by The Dan
Mon Oct 24, 2016 1:50 pm
Forum: Investing - Theory, News & General
Topic: Dr. Bill Bernstein Books
Replies: 40
Views: 4045

Re: Dr. Bill Bernstein Books

Stemikger,
I have sent you a PM. I have many of Dr. Bernstein's books, and would be happy to send them to you.
-The Dan
by The Dan
Wed Apr 27, 2016 9:30 pm
Forum: Personal Consumer Issues
Topic: Trip to Southern California next week - things to do?
Replies: 19
Views: 1767

Re: Trip to Southern California next week - things to do?

In San Diego area: - Mount Soledad in La Jolla: 360 panoramic views of the coast of La Jolla, Downtown San Diego, UCSD area. Plenty of free parking. - San Diego Zoo is nice on weekdays, but be prepared for lots of youngsters everywhere you turn. Balboa park is quite nice. - Torrey Pines Reserve has ...
by The Dan
Fri Apr 15, 2016 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds before end of the month?
Replies: 20
Views: 4854

Re: I Bonds before end of the month?

Wow, semi-annual inflation = 0.08% This low rate, combined with the fact that some of my bonds are currently in a 0% 6-month period, definitely make me reconsider the value of these newer I-bonds. If not for the tax deferral benefits, and the 'insurance' against future high inflation, I'd punt on th...
by The Dan
Sat Apr 02, 2016 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds for My Tax Level?
Replies: 25
Views: 3351

Re: Muni Bonds for My Tax Level?

Regarding single-state muni funds, I am in California, and I have not found the single state offering from Vanguard too compelling: Vanguard CA Intermediate Tax-Exempt (VCADX): Yield: 1.44% 4.9-yr duration Credit quality: AAA, AA, A, BBB = 8%, 71%, 13%, 4% Vanguard Intermediate Tax-Exempt (VWIUX): A...
by The Dan
Sat Apr 02, 2016 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds for My Tax Level?
Replies: 25
Views: 3351

Re: Muni Bonds for My Tax Level?

MUB - iShares National Muni Bond ETF - YTM(includes YTC)=1.69% ITM - Market Vectors AMT-Free Intermediate Municipal Index ETF - YTW=1.97% The above 2 Muni Funds are tempting also and have good quality bonds. MUB takes on more credit risk (has only 25% AAA/AA rated bonds, duration 4.7 yrs). ITM has ...
by The Dan
Sat Apr 02, 2016 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds for My Tax Level?
Replies: 25
Views: 3351

Re: Muni Bonds for My Tax Level?

I've been looking at this issue as well. If your tax level is 44%, can I assume that is 39% Federal and 5% State? I will base the calculations on these numbers. Here is the after-tax yields of a few of your taxable investment options: Vanguard Intermediate Treasury Fund (VFIUX, 5.3-yr duration) = 1....

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