Search found 1912 matches

by an_asker
Fri Dec 15, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 59
Views: 2287

Re: Recast mortgage as part of a pay down strategy

A recast reamortizes a loan based on the remaining amount due and and the time left on the loan. Say you start with a 30 yr loan $100k loan and pay off $30k of it in the first year. You ask for a recast. Your new payment is reduced to make the new $70k balance pay off over 29 years. You are in the ...
by an_asker
Fri Dec 15, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 59
Views: 2287

Re: Recast mortgage as part of a pay down strategy

A recast reamortizes a loan based on the remaining amount due and and the time left on the loan. Say you start with a 30 yr loan $100k loan and pay off $30k of it in the first year. You ask for a recast. Your new payment is reduced to make the new $70k balance pay off over 29 years. You are in the ...
by an_asker
Thu Dec 14, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 59
Views: 2287

Re: Recast mortgage as part of a pay down strategy

A recast reamortizes a loan based on the remaining amount due and and the time left on the loan. Say you start with a 30 yr loan $100k loan and pay off $30k of it in the first year. You ask for a recast. Your new payment is reduced to make the new $70k balance pay off over 29 years. You are in the ...
by an_asker
Thu Dec 14, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 59
Views: 2287

Re: Recast mortgage as part of a pay down strategy

Didn't read the entire long thread - got only half way through, and it didn't appear that the respondents are explaining the situation very well. The recasting will be of no use to you, if you will continue to pay the same amount as you monthly mortgage payment. For that, you need to understand how ...
by an_asker
Thu Dec 14, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4362

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

TomatoTomahto wrote:
Thu Dec 14, 2017 2:30 pm
[..]God gave us two ears and one mouth, so we ought to listen twice as much as we speak.
But God also gave us ten fingers, so we can type ten times as much as we can talk ... but there are those smart ones who need just one finger to communicate! :oops:
by an_asker
Thu Dec 14, 2017 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4362

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

whiteprius wrote:
Thu Dec 14, 2017 11:00 am
[...]Risky investments can destroy your life, but they can also elevate you into another strata.[...]
I guess they could definitely pay for that ticket to Mars for sure! ;-)
by an_asker
Thu Dec 14, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4362

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

That amount of an S&P drop would be 2007ish and unlikely, but your attitude is the right one klangfool. I think smart investors overstate risk and understate upside. This is gambling. It is compulsive and thrill seeking behavior. It is not investing. Until you are willing to accept this nobody here...
by an_asker
Thu Dec 14, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 59
Views: 5083

Re: Year end review with less nerdy spouse

Let me take an honest crack at the question (I need to do something as simple myself - whatever I have currently done is still too convoluted for DW) - please add your own suggestions: Taxable Accounts - beginning balance - income <-- should include all "normal" income, as well as real estate income...
by an_asker
Wed Dec 13, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 29
Views: 2705

Re: Vanguard will use blockchain to share index data

nisiprius wrote:
Wed Dec 13, 2017 11:18 am
[...]That's in fact a problem, and it's why you have Bitcoin, Litecoin, Swiftcoin, Namecoin, Peercoin, Dogecoin, Emercoin, Gridcoin... I'm tempted to say Thiscoin and Thatcoin but they might be real cryptocurrencies.
[...]
Don't forget Hiscoin and Hercoin! ;-)
by an_asker
Wed Dec 13, 2017 11:17 am
Forum: Personal Consumer Issues
Topic: Turning lemons to lemonade ... or ... how to profit from a traffic ticket!
Replies: 3
Views: 945

Turning lemons to lemonade ... or ... how to profit from a traffic ticket!

OK, I got a traffic ticket in FL a few weeks back, the first I've got in nearly a decade. Following Boglehead advice that I'd read a month or two ago, I tried to get an attorney to go to bat for me. Unfortunately, after I gave the paralegal the details of my case, I never heard back from them. So, I...
by an_asker
Wed Dec 13, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Almost fell off my chair...
Replies: 16
Views: 4242

Re: Almost fell off my chair...

Ever since following the BH way of investing, life has become less stressful. With the "set it and forget it" mentality, I haven't checked my basic VG three fund portfolio in some months. Logged in this morning just to ensure I am hitting my 401k contribution limit with my last check for the year.....
by an_asker
Wed Dec 13, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Pakistan Real Estate?
Replies: 38
Views: 3452

Re: Dubai and Pakistan Real Estate?

Think about what you just wrote here. "It's not uncommon" means "it is common". AlohaJoe I totally agree with you but this may simply be the Pakistani/ Indian way of communicating in English. The Raj (British Empire) changed the subcontinent, but was also absorbed by the subcontinent. One legacy wa...
by an_asker
Tue Dec 12, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Year end review with less nerdy spouse
Replies: 59
Views: 5083

Re: Year end review with less nerdy spouse

2comma wrote:
Mon Dec 11, 2017 7:37 pm
[...]I do all of the long term financial stuff, DW could care less.[...]
Do you mean "DW could care less" or "DW couldn't care less"? :oops:
by an_asker
Tue Dec 12, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: $40k to invest: index funds, bonds, or wait?
Replies: 11
Views: 990

Re: $40k to invest: index funds, bonds, or wait?

Any recommendations? The money is currently available for investment allocations in a rollover account. What did you roll it over from, and when? What was the previous allocation of this money and why was it cashed? It was a pension buy out from a former employer (no longer offering pension program...
by an_asker
Tue Dec 12, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: $40k to invest: index funds, bonds, or wait?
Replies: 11
Views: 990

Re: $40k to invest: index funds, bonds, or wait?

RollTide31457 wrote:
Tue Dec 12, 2017 9:58 am
Any recommendations? The money is currently available for investment allocations in a rollover account.
What did you roll it over from, and when? What was the previous allocation of this money and why was it cashed?
by an_asker
Tue Dec 12, 2017 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Pakistan Real Estate?
Replies: 38
Views: 3452

Re: Dubai and Pakistan Real Estate?

In the cities it's not uncommon to find a person owning 2-3 houses (each worth $250-350K), 3-4 lots (some worth over $100k). Think about what you just wrote here. "It's not uncommon" means "it is common". AlohaJoe I totally agree with you but this may simply be the Pakistani/ Indian way of communic...
by an_asker
Tue Dec 12, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Pakistan Real Estate?
Replies: 38
Views: 3452

Re: Pakistan Real Estate?

DON'T do it..Not worth it. Listen to valuethinker.. I should have 5 years ago...listened to him and not pumped more.money in Indian RE should have done here.. The risks of RE in India or Pakistan is not worth it. I have close to 2MM worth in India and pretty much a struggle retain it and it's been ...
by an_asker
Tue Dec 12, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Purchasing Airline Tickets
Replies: 31
Views: 2385

Re: Purchasing Airline Tickets

DW and I are traveling to London in early May. I have been searching for airline tickets using Kayak's flexible dates (+/- 3 days) including early in the week days . There has been no significant change in price. The sooner I know the travel dates the sooner I can book other things for the trip, ho...
by an_asker
Sun Dec 10, 2017 10:03 pm
Forum: Personal Consumer Issues
Topic: A Trip to Russia
Replies: 81
Views: 4266

Re: A Trip to Russia

[...](3) You will meet the most beautiful, stylish, intelligent, and good-natured women you have ever seen. Approach them at your own risk. (4) It's an authentic experience you can live without. Enjoy! Victoria #(3): What's so bad about the women? Especially as OP is going with his wife? Did you me...
by an_asker
Fri Dec 08, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have any guilty pleasure investments?
Replies: 53
Views: 2946

Re: Do you have any guilty pleasure investments?

I wonder what is the total number of bitcoins that all Bogleheads are currently owning as a group?
by an_asker
Fri Dec 08, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: QUESTION ANSWERED NO HELP NEEDED - mortgage escrow payment added to principal balance and charged interest each month
Replies: 18
Views: 707

Re: mortgage escrow payment added to principal balance and charged interest each month

I noticed that the escrow portion of my mortgage payment is being added to the principal balance each month and my lender is charging me interest on this principal balance that includes the escrow payment. Is this right? Should I really get charged interest on the escrow amount used for prepaying t...
by an_asker
Fri Dec 08, 2017 3:52 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 63
Views: 4892

Re: Call the top! - Bitcoin

Given that At 12:48 p.m., for instance, bitcoin was trading at $19,141 a coin on Bithumb, an exchange in South Korea. At the same time, it was trading at $14,573 on Bitfinex, based in Taiwan. I would say that there is no way to know what "the" price of bitcoin is , let alone what it will be. I also...
by an_asker
Thu Dec 07, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: Okay come clean....How man people share passwords for streaming services?
Replies: 41
Views: 1579

Re: Okay come clean....How man people share passwords for streaming services?

[...]Of course it is. You are stealing a product. I disagree with the insanity above that Netflix and other streaming services don't mind. Of course they do, why else would they even have a login/password? Why not just let the entire world in for free? From their Terms of Use: https://help.netflix....
by an_asker
Wed Dec 06, 2017 4:25 pm
Forum: Personal Consumer Issues
Topic: A Trip to Russia
Replies: 81
Views: 4266

Re: A Trip to Russia

[...](3) You will meet the most beautiful, stylish, intelligent, and good-natured women you have ever seen. Approach them at your own risk. (4) It's an authentic experience you can live without. Enjoy! Victoria #(3): What's so bad about the women? Especially as OP is going with his wife? Did you me...
by an_asker
Wed Dec 06, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: Least/Most Reliable Carmakers Today
Replies: 31
Views: 1946

Re: Least/Most Reliable Carmakers Today

Still think it is nonsense. I'm having a hard time seeing how it is nonsense. They collect data directly from the auction houses of what problems are actually being found in their inventory. So, if an auction house gets a 20 year old Toyota Camry with transmission issues, it'll reflect on all Toyot...
by an_asker
Wed Dec 06, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to ship heavy item...
Replies: 23
Views: 1832

Re: Inexpensive way to ship heavy item...

Hello everyone. I recently purchased an item online that I would like to exchange. The company will do the exchange but I have to send the item back at my cost. The item is 100 lbs. I don't mind taking a loss on the item to get what I want. UPS will ship it back for $120 but that is almost half of ...
by an_asker
Tue Dec 05, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8363

Re: Want to sell my Bitcoin, but when?

coalcracker wrote:
Fri Dec 01, 2017 7:15 pm
quantAndHold wrote:
Fri Dec 01, 2017 7:12 pm
Where does bitcoin fit in your overall asset allocation?
Play money. The initial investment was less than a biweekly paycheck. It's current value is about 0.5% of my net worth.
With those two points, my answer would be any time is a good time (or you can hold it to eternity!).
by an_asker
Tue Dec 05, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6638

Re: How to convince DW that high miles used car is OK

retiredjg wrote:
Tue Dec 05, 2017 9:13 am
[...]It's about having a car she will feel at ease in. Nobody wants to drive a car they don't trust. Whether the lack of trust is valid or not is not relevant.[...]
+1! This is exactly what made me finally turn in my beater!
by an_asker
Mon Dec 04, 2017 1:02 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6638

Re: How to convince DW that high miles used car is OK

[...]Remind her that she flies in 30 year old airplanes.[...] Seriously?! If you've got to, please use any other reasoning but this one. Not even going into reasons such as relative mechanical fatigue, etc., I bet those 30-year-old planes are checked far more often and far more thoroughly than any ...
by an_asker
Mon Dec 04, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6638

Re: How to convince DW that high miles used car is OK

I like my own 150,000 mile car. I know everything about it. I know where it’s been and what it’s done, and how it’s been maintained, and what those weird noises really mean. Buying what’s probably someone else’s 150,000 mile problem? No way. When this one dies, I’ll probably get something that’s wi...
by an_asker
Mon Dec 04, 2017 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 607
Views: 162829

Re: Share your net worth progression

Here's what I was trying to get to - if she were making less than a man would for the same position, wouldn't it be more reason for her to be a SAHM and for you to duke it out in the workplace? I guess if money were the only consideration, but then why wouldn't we both work? For that matter, why ha...
by an_asker
Fri Dec 01, 2017 12:12 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10351

Re: Price of haircut?

I get a buzzcut every month in a HCOL area. #2 on top, fade to #1.5 on sides/back. Straight-razor shave of sideburns/edges with shaving cream. Old school barber shop in HCOL trendy strip mall = $21 for haircut +$5 tip Closer to my work is LCOL barbershop = $14 + $6 tip = $20 (chintzy to ask for cha...
by an_asker
Fri Dec 01, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5163

Re: How Do You Stay Current With Popular Music?

I don't..stuck in the 70's and don't think I'm missing anything. Me too. Not only am I stuck in the 70s (and before), but I am also stuck to Indian music. I also think the a new thread needs to be opened with one word changed in the subject - replace "How" with "Why"! BTW, the answer to that thread...
by an_asker
Thu Nov 30, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: What can we learn from BitCoin’s surge?
Replies: 37
Views: 3140

Re: What can we learn from BitCoin’s surge?

I worried it was a bubble when I saw Allan Roth buy some. I'll know it's a bubble when Taylor Larimore buys some. That's your indication to sell. It will definitely go down once I buy. I am yet to buy bitcoin. Did you buy today?? Reuters is reporting that Bitcoin lost about 20% today. :shock: Not y...
by an_asker
Thu Nov 30, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11167

Re: After financial independence, do you lose motivation for work?

I don't think you're the demographic that OP Is targeting ;-) Too old, too young, too many kids? too few kids? Pre-FI and FI and still working likely affects a broad stroke of ages and demographics. I thought that by definition, FI meant that you can - with what you've saved up - set yourself up fo...
by an_asker
Thu Nov 30, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11167

Re: After financial independence, do you lose motivation for work?

I don't think you're the demographic that OP Is targeting ;-) Too old, too young, too many kids? too few kids? Pre-FI and FI and still working likely affects a broad stroke of ages and demographics. I thought that by definition, FI meant that you can - with what you've saved up - set yourself up fo...
by an_asker
Thu Nov 30, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11167

Re: After financial independence, do you lose motivation for work?

People who have a good work ethic before FI continue to have a good work ethic after. Those who slacked before will lose what little motivation they had. What's a "good work ethic"? Wasting what precious time we have to live our lives by going to a job everyday? 24 hours in a day - 8 sleeping. 9 wo...
by an_asker
Thu Nov 30, 2017 3:11 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11167

Re: After financial independence, do you lose motivation for work?

[...]For the typical W-2 worker, I think the mid-career to late career stage is the hardest. Sometimes it seems like all you do is slave away working. But assuming you follow the Boglehead philosophy, you eventually will have enough net worth to achieve financial freedom :) I got a question for Dal...
by an_asker
Thu Nov 30, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11167

Re: After financial independence, do you lose motivation for work?

At 46 I have 4 motivations to keep working: 1. Health coverage for our family of 5 (oldest a senior in high school, middle 14, youngest 10) 2. Filling my 401k with $18k + $9k match 3. Filling our Roth IRAs with $11k 4. Filling our HSA to $6,700 (to help with #1) These are likely "poor" motivators i...
by an_asker
Thu Nov 30, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9371

Re: Why should I donate to my alma matter?

flamesabers wrote:
Thu Nov 30, 2017 3:03 pm
[...]I just don't see them as selfless charities striving to provide high-quality education at minimal cost to their students.[...]
At least someone is on the same page as I am!
by an_asker
Thu Nov 30, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9371

Re: Why should I donate to my alma mater?

I don't understand why folks confuse 'not-for-profit' with 'for-charity' or 'for-free' - I've been puzzled by a similar attitude towards Vanguard!
by an_asker
Thu Nov 30, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Why should I donate to my alma mater?
Replies: 133
Views: 9371

Re: Why should I donate to my alma matter?

By the way, college admissions officers pay big fees to consultants who use econometric methods to predict which applicants will be most likely to donate generously after college graduation. Are you sure about this ? A significant percentage of students at top schools are south asian and asians. Th...
by an_asker
Thu Nov 30, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Thankful for the Debt we Took - Should we Try Again?
Replies: 95
Views: 8943

Re: Thankful for the Debt we Took - Should we Try Again?

Not so long ago, our family considered debt very negatively. As a result, we saved for many years to buy our first home without any loan. Just before we bought our home in 2009, a retirement consultant from TIAA convinced us to finance 80% of the purchase by a mortgage and put remaining $200K that ...
by an_asker
Thu Nov 30, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Negotiating used car - Toyota Highlander
Replies: 32
Views: 1916

Re: Negotiating used car - Toyota Highlander

Well, after a few emails, she basically said the $27,998 price was their absolute lowest price and best of luck to me. Am I missing something? I know I'm not a master of negotiation, but as a dealer shouldn't they have at least tried to make me feel like they were giving me a "special" deal...even ...
by an_asker
Thu Nov 30, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Advice on HOA financial analysis
Replies: 10
Views: 687

Re: Advice on HOA financial analysis

[...]My main goal is to see where our dues are going, do we have proper liability protection, and why common areas are not properly kept up. Our home values haven't particularly seem to have taken a hit - similar $/ft2 with nearby community. However, when looking at the two together, I don't see wh...
by an_asker
Thu Nov 30, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: What can we learn from BitCoin’s surge?
Replies: 37
Views: 3140

Re: What can we learn from BitCoin’s surge?

White Coat Investor wrote:
Thu Nov 30, 2017 1:23 am
I worried it was a bubble when I saw Allan Roth buy some.

I'll know it's a bubble when Taylor Larimore buys some. That's your indication to sell.
It will definitely go down once I buy. I am yet to buy bitcoin.
by an_asker
Thu Nov 30, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Car Rental
Replies: 22
Views: 1123

Re: Car Rental

On Orbitz for those dates Hertz has a Full Size for $817 total. Flagged as a "Great Deal" and I would have to agree. Costcotravel.com shows the best rates they have at Alamo 8/1/18 - 8/31/18. Economy - $1111 Compact - $1168 Intermediate - $1281 Fullsize - $1337 Assuming the Great Deal isn’t prepaid...
by an_asker
Wed Nov 29, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 147
Views: 15205

Re: A good friend has nearly $1M in BitCoin what do I tell him?

bridge wrote:
Wed Nov 29, 2017 4:27 am
OnFire wrote:
Wed Nov 29, 2017 2:39 am
I told him to get out with his profit when it was $200 a coin.
And you wonder why he doesn't value your advice? :D
I wonder if he ever advised OP to buy into bitcoin? :oops:
by an_asker
Mon Nov 27, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Dental bill four years after service
Replies: 32
Views: 3674

Re: Dental bill four years after service

And yes, there are no EOBs for dental work. I get EOBs for dental work. Hmm! What dental insurance do you have? I have Delta HMO and I was informed by the rep I talked with that they don't provide EOBs. If no paper EOB's, seems like there should be something on their web site. I don't think I would...
by an_asker
Mon Nov 27, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Too much house, right?
Replies: 88
Views: 8097

Re: Too much house, right?

I think the answer to this is going to be a more resounding, "No!", but it seems to be a once-in-a-lifetime opportunity, so I am wanting to get some opinions. We are rapidly outgrowing our current home due to our rambunctious 3yo and 18mo, and am looking to move within 1-2 years. We discovered a si...