Search found 246 matches

by anoop
Sun Jan 22, 2017 9:27 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 85
Views: 8413

Re: Fed Rate to 3%

3 years from now is a long time. personally I do not believe the overnight rate will be 3% in 2019. I am planning to buy my usual allocation of EE bonds this year (3.5% over 20 years) and almost nothing she could say would change my mind about it. If we think in terms of simple interest, which is h...
by anoop
Sun Jan 22, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 1276

Re: 2017 Portfolio review - Advice welcome

Why not try to earn some return on your emergency fund of $93k in cash? Perhaps break that fund down into traunches. The first 1/3rd, the one you are most likely to draw upon, keep in a high interest rate bank account, the second 1/3 place in a ultra-short, interest-rate hedged bond fund such as MI...
by anoop
Wed Jan 18, 2017 3:31 am
Forum: Personal Consumer Issues
Topic: Rental car--new windshield crack
Replies: 14
Views: 1491

Re: Rental car--new windshield crack

Would a credit card pay for such damage?
by anoop
Sun Jan 15, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4966

Re: Why not put it all in TIPS?

Zvi Bodie wrote a very interesting book entitled Worry-Free Investing , published in 2003, which explored the possibilities of relying very heavily on TIPS for retirement investing. You can buy the book here for $5. http://www.zvibodie.com/buy+book And he has a bunch of other stuff on his website. ...
by anoop
Sat Jan 14, 2017 1:54 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank - Is this a safe/best place to stash some cash?
Replies: 68
Views: 7064

Re: Ally Bank - Is this a safe/best place to stash some cash?

PenFed is another fine alternative. They have attractive rates, in some cases better than Ally. Still have some of the 5-year 3% CDs at PenFed, but their CD rates have not been competitive the last few years so haven't been buying CDs from PenFed for awhile. Just checked, and to my surprise, their ...
by anoop
Sat Jan 14, 2017 1:51 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank - Is this a safe/best place to stash some cash?
Replies: 68
Views: 7064

Re: Ally Bank - Is this a safe/best place to stash some cash?

Does Vanguard offer brokered CDs?

IMO, that's the best option. You will find better rates offered there and you won't need a new account.
by anoop
Wed Jan 11, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: Laundry lifestyle creep
Replies: 48
Views: 6553

Re: Laundry lifestyle creep

Earl Lemongrab wrote:
anoop wrote:Miele and Asko machines both have internal heaters that are capable of heating the water. Miele IIRC will heat it up to 165 celcius while Asko is even higher.

Hope you meant F not C there.


Yes. Thanks for catching that.
by anoop
Wed Jan 11, 2017 2:36 am
Forum: Personal Consumer Issues
Topic: Laundry lifestyle creep
Replies: 48
Views: 6553

Re: Laundry lifestyle creep

This statement does not make sense for several reasons. Washing Machines First, washing machines (traditional or high efficiency, top or side load) do not heat water. They are not supposed to. They accept domestic cold and hot water, and mix appropriately to obtain the final temperature. You wouldn...
by anoop
Sun Jan 08, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: 401k vs Roth 401k
Replies: 11
Views: 701

Re: 401k vs Roth 401k

MindTheGAAP wrote:So you'd argue that based in TX (no income tax at state level) and in 25% MR, one should take the tax deduction now?


That's the bet I'd make.
by anoop
Sun Jan 08, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about backdoor roth IRA
Replies: 7
Views: 856

Re: Confused about backdoor roth IRA

I currently max out my 401k and also get employer matching. Because of my income I am not eligible to contribute to Roth IRA. I would like to contribute an additional $4000-5000/year to my retirement. At first, I was thinking of doing a backdoor roth IRA. However, after reading the tax implications...
by anoop
Sun Jan 08, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: 401k vs Roth 401k
Replies: 11
Views: 701

Re: 401k vs Roth 401k

The Roth 401k doesn't have the withdrawal benefits of the Roth IRA. So you would have to wait till 59 1/2 to access the money. If someone is investing in a Roth 401k they are betting that taxes will be higher when they retire. IMO, unless one has one's life mapped out in terms of earnings, savings, ...
by anoop
Sun Jan 08, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Laundry lifestyle creep
Replies: 48
Views: 6553

Re: Laundry lifestyle creep

While I won't say if this is good or bad, this is a place you can hang out with other laundry enthusiasts:
http://ths.gardenweb.com/forums/laundry
It doesn't matter how much you're spending on your laundry, there will be someone outspending you.
by anoop
Sun Jan 08, 2017 2:18 pm
Forum: Investing - Theory, News & General
Topic: "Yield surge: Remember the real role of bonds"
Replies: 50
Views: 5971

Re: "Yield surge: Remember the real role of bonds"

rrppve wrote:I sleep well at night with the majority of my fixed income in CDs and Stable Value Funds. Just wish they paid more than 2-3%.
Seem to me to offer much better risk reward than bond funds.


Which stable value fund offers 2-3%? The one in my 401k plan is paying about 0.5%.
by anoop
Tue Jan 03, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 245
Views: 27149

Re: Whats your number to walk away?

Grt2bOutdoors wrote:Short of hitting the lottery or a bird with a huge sack of cash dropping it on my back lawn, I don't see me walking away quite yet. :)


Aren't incidents like that supposed to be reported? (In other words, you don't get to keep the money.)
by anoop
Tue Dec 27, 2016 5:26 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10811

Re: At what age, income, and NW would you buy a $50k car?

There's a lot of folks here who would never buy a new car, let alone one for $50k. It's a depreciating asset. But for those that would consider it, under what financial conditions would you do it? Hypothetically, if you were 35, had household income of $400k, and $2M NW, would you drop $50k on a ca...
by anoop
Mon Dec 26, 2016 2:55 am
Forum: Personal Finance (Not Investing)
Topic: Am I being smart with this car purchase?
Replies: 58
Views: 4782

Re: Am I being smart with this car purchase?

I'm a big fan of BMW, but I would not recommend the i3. It doesn't feel as well put together (lots of rattles even in a brand new car) and unless they have fixed something recently, there are many reports of issues with range/performance in cold weather. In one case someone reported they were not ab...
by anoop
Mon Dec 12, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Forever stocks (and building your own index fund)
Replies: 62
Views: 4906

Re: Forever stocks (and building your own index fund)

While I held a few individual stocks in the 1980's and 1990's, I began a coherent portfolio of US Large Cap stocks around 2000. I held around 30-35 stocks. After around 10 years, I did a post-audit and determined that my returns were a whisker above the S&P500. My goal was identical to the inde...
by anoop
Mon Dec 12, 2016 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Forever stocks (and building your own index fund)
Replies: 62
Views: 4906

Re: Forever stocks (and building your own index fund)

I realize index fund is not the same as an ETF. A while ago I bought some IVV in a taxable account. In 1 year, without any sales, it generated 2 pages of transactions on my tax form. The other thing that bothers me is that there are so many examples of "Vanguard beats Fidelity", yet in man...
by anoop
Sun Dec 11, 2016 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a car
Replies: 21
Views: 2000

Re: Buying a car

My initial best quote (before doing any negotiating at all) was about $1500 better than the TrueCar price. That's quite a lot. Like I said, I did try it for a couple of cars and I found truecar wasn't too far off. I didn't actually use truecar but that is the number I used to negotiate privately. B...
by anoop
Sun Dec 11, 2016 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a car
Replies: 21
Views: 2000

Re: Buying a car

hornet96 wrote:About $500 better than the "exceptional" price (not just the average or proposed "truecar" price). Again, this was the initial price I received without doing any work at all.


What was the difference compared to the truecar price?
by anoop
Sun Dec 11, 2016 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Buying a car
Replies: 21
Views: 2000

Re: Buying a car

Truecar will get you close to the best pricing for any car. It probably won't be the best, but it'll be close. https://www.truecar.com/ If you have decided on particular brand, you can ask on the car forums for that brand as to what people are paying above/below invoice. If you're a Costco member, ...
by anoop
Sun Dec 11, 2016 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Buying a car
Replies: 21
Views: 2000

Re: Buying a car

hornet96 wrote:Please see Denovo's thread: viewtopic.php?f=11&t=124638

TrueCar is a joke. I obtained a price using Denovo's method that was lower than the "exceptional" price before I did any negotiating at all.


How much lower was it?
by anoop
Sat Dec 10, 2016 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Forever stocks (and building your own index fund)
Replies: 62
Views: 4906

Re: Forever stocks (and building your own index fund)

OK, let's set aside the forever stocks. What about building your own index fund? Say I go in and buy 100 shares of each of the Dow's components. It's not for a small time investor, but the advantage is 0% expense ratio. I exit a position when it leaves the index. That way I mirror the performance of...
by anoop
Sat Dec 10, 2016 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a car
Replies: 21
Views: 2000

Re: Buying a car

Truecar will get you close to the best pricing for any car. It probably won't be the best, but it'll be close. https://www.truecar.com/ If you have decided on particular brand, you can ask on the car forums for that brand as to what people are paying above/below invoice. If you're a Costco member, y...
by anoop
Sat Dec 10, 2016 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Forever stocks (and building your own index fund)
Replies: 62
Views: 4906

Forever stocks (and building your own index fund)

I have two somewhat related questions. Do folks here subscribe to the concept of "forever" stocks? Maybe large corporations with big cash piles that pay hefty dividends? I'm thinking of stocks like INTC and XOM. Now the reason I am asking this question is the following question. We care ab...
by anoop
Sun Dec 04, 2016 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 107
Views: 10617

Re: Feeling like you've "made it"

travellight wrote:Your net worth is much higher than mine was at age 30.


Even adjusted for inflation?
by anoop
Fri Dec 02, 2016 4:31 am
Forum: Personal Consumer Issues
Topic: Buy iPhone 7 or Wait for iPhone 8
Replies: 33
Views: 3253

Re: Buy iPhone 7 or Wait for iPhone 8

Experts are speculating that iPhone 8 will be released in September 2017. Who's waiting till then for a phone upgrade? The general consensus by "experts" on macrumors is to wait if you can, or buy what is available now if you cannot wait (i.e. you need a phone now because the old one is b...
by anoop
Thu Dec 01, 2016 1:38 am
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 4756

Re: Relocating from NY to CA for a job offer

Not to scare me? Ha! This is one scary as heck video and I felt instantly sad as I was listening to the young family's story. It's very unfortunate that I would really love to take this job offer but very unsure on whether the additional bonus and equity can justify $1.0M + houses. Will I end up ha...
by anoop
Wed Nov 30, 2016 2:56 am
Forum: Personal Finance (Not Investing)
Topic: Relocating from NY to CA for a job offer
Replies: 51
Views: 4756

Re: Relocating from NY to CA for a job offer

Not to scare you, but this should give you an idea of what goes on with real estate in the Bay Area. http://milliondollarshack.com/ The same hotel rooms which used to go for $100/night about 6 years ago, now go for $300/night, if you can find availability. Most people are stretched on 2 salaries to ...
by anoop
Sun Nov 20, 2016 6:22 pm
Forum: Personal Consumer Issues
Topic: Fountain Pens - Do you use one?
Replies: 104
Views: 6277

Re: Fountain Pens - Do you use one?

As a student, I always used only fountain pens all the way up to half way through college. After that, I couldn't get access to good ones so I switched to ballpoints. I used to have the best handwriting of any student in my class--teachers would ask for my notebooks at the end of the year so they co...
by anoop
Sun Nov 20, 2016 11:59 am
Forum: Personal Consumer Issues
Topic: Energy Drink Alternatives
Replies: 19
Views: 1156

Re: Energy Drink Alternatives

First you will have detox and may go through pretty bad withdrawal. After that, cold pressed juices and water are pretty good. You may not realize it now, but if you are not drinking around 2 liters of water a day, you will probably have various effects of long term dehydration as you age. (This is ...
by anoop
Fri Nov 18, 2016 5:54 pm
Forum: Personal Consumer Issues
Topic: Honda Cars
Replies: 96
Views: 9015

Re: Honda Cars

Remember, we now live in an alternative universe where Audi has better reliability than Honda.
http://www.consumerreports.org/cars/whi ... -vehicles/
by anoop
Fri Nov 18, 2016 5:41 pm
Forum: Investing - Theory, News & General
Topic: Inflation Protection: TIPS or Gold?
Replies: 35
Views: 3156

Re: Inflation Protection: TIPS or Gold?

How much money are you looking to invest? I-bonds will be your best bet but you can only buy $10k/year. If you have a spouse bump that to $20k/year for the two of you. do I bonds and TIPs not use the same inflation rate when factoring in their payment/payouts? Yes, but i-bonds won't decline in prin...
by anoop
Tue Nov 15, 2016 11:43 pm
Forum: Personal Consumer Issues
Topic: AppleCare on MacBook Pro?
Replies: 40
Views: 3152

Re: AppleCare on MacBook Pro?

I have a 2010 MBP. At around the 3 year mark, under AC, the SuperDrive (malfunctioning), battery (< 80% charge), and power supply (splitting ends, common problem with magsafe) were replaced. Problems 1 cannot happen now and I don't know if USB power supplies still have the splitting issue, and the o...
by anoop
Fri Nov 11, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Tax withholding on bonus when at high tax bracket
Replies: 8
Views: 976

Re: Tax withholding on bonus when at high tax bracket

My company withholds at 28% for Federal. So far, I have not had to pay any penalties. But I do claim 0 credits on my W-4.
by anoop
Mon Nov 07, 2016 10:07 am
Forum: Personal Consumer Issues
Topic: How to talk with a housekeeper?
Replies: 49
Views: 5206

Re: How to talk with a housekeeper?

KlangFool wrote:2) Do you pay the same price for anything over 12 years?


I pay the same price for sneakers that I did 12 years ago. Only problem is that they now last about 1/12 of the time!
by anoop
Thu Nov 03, 2016 1:36 pm
Forum: Personal Consumer Issues
Topic: Buying an Audi A4
Replies: 73
Views: 5551

Re: Buying an Audi A4

Do you do your own maintenance? First find a good deal on the car -- look at Edmunds TMV or prices on truecar. Next, buy the prepaid maintenance--it represents a good bit off what you'd pay out of pocket. If you get to 4 years/50K miles and want to keep the car, consider an extended warranty and/or ...
by anoop
Wed Nov 02, 2016 10:42 pm
Forum: Personal Consumer Issues
Topic: Any recs for a Linux-compatible laptop?
Replies: 62
Views: 5453

Re: Any recs for a Linux-compatible laptop?

Dell has several with Linux out of the box, but I don't have any experience with them
http://www.dell.com/learn/us/en/555/cam ... l=en&s=biz
by anoop
Tue Nov 01, 2016 3:32 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 69
Views: 11997

Re: I Bond rates for May 1 announced

How can Fixed & Variable rate shows negative -0.1% while combined shows + 2.4%? See the bold text in the table below. http://www.savingsbonds.com/rates.cfm Current U.S. Savings Bond Interest Rates Savings Bond Series Current rate if purchased from Nov 1, 2016 to Apr 30, 2017 Rate of prior perio...
by anoop
Tue Nov 01, 2016 12:32 pm
Forum: Investing - Theory, News & General
Topic: I Bond rates for May 1 announced
Replies: 69
Views: 11997

Re: I Bond rates for May 1 announced

FYI Current Rate: 2.76% through April 30, 2017 More importantly, fixed rate went back to zero. https://TIPswatch.com had recommended buying the whole year's worth of I-Bonds earlier in the year when the fixed rate was 0.1%. The thinking was that if it goes up from 0.1%, you can always buy some of t...
by anoop
Mon Oct 31, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Too Many CC's? [Credit Cards]
Replies: 35
Views: 3881

Re: Too Many CC's?

I like to keep my life simple I have two cards and thought about going to one. My score is around 800 I have two as well. I keep forgetting my card at restaurants, so a single card would not work for me. Same goes for ATM cards -- I have had an ATM eat my card for no reason, which is why I keep two...
by anoop
Wed Oct 19, 2016 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Donating lots of stuff and two cars...
Replies: 11
Views: 1566

Re: Donating lots of stuff and two cars...

Ok so took a look at the links, and they say you need a receipt even for sub 250 donations... Will the little 'fill this out yourself' thingy that goodwill gives you be enough? I use turbo tax, and in past years it just asked for a dollar item description and dollar amount, and that was it (never b...
by anoop
Mon Oct 17, 2016 12:04 am
Forum: Personal Finance (Not Investing)
Topic: Donating lots of stuff and two cars...
Replies: 11
Views: 1566

Re: Donating lots of stuff and two cars...

This should help.
http://www.nolo.com/legal-encyclopedia/ ... tions.html

I doubt there's much you can do to get anything more than the "piece of paper" that the charity will give you for the misc stuff you donate.
by anoop
Sun Oct 16, 2016 11:21 pm
Forum: Personal Consumer Issues
Topic: raised lettering on credit and debit cards?
Replies: 17
Views: 1878

Re: raised lettering on credit and debit cards?

I agree, in some cases they also ask about the last 4 digits (not sure why) but when was the last time you had a store take down your card info manually? It has happened to me in the last few months where, for several days, the merchant would type in the number manually because their swiping machin...
by anoop
Sun Oct 16, 2016 11:00 pm
Forum: Personal Consumer Issues
Topic: raised lettering on credit and debit cards?
Replies: 17
Views: 1878

Re: raised lettering on credit and debit cards?

Honestly, I wish they made smaller credit cards with no numbers or names on them, especially with the new chip system, that slow, cumbersome, exposing your number and part of your name while the other shoppers clearly can see them. Either improve the system to make it faster in/out or offer custome...
by anoop
Sun Oct 16, 2016 10:45 pm
Forum: Personal Consumer Issues
Topic: raised lettering on credit and debit cards?
Replies: 17
Views: 1878

raised lettering on credit and debit cards?

In the past, all credit and debit cards pretty much used raised silver letters.

Nowadays, I've noticed many cards are doing away with raised letters, instead using what looks like printed letters.

Aren't the raised letters more secure? Any idea why they made this change?
by anoop
Sat Oct 08, 2016 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Moving 401k to IRA
Replies: 16
Views: 1200

Re: Moving 401k to IRA

Why do brokerages urge people to move 401(k) money to an IRA? I have money with an old 401(k) plan and almost every time I call I'm encouraged to move it to an IRA until I cite the backdoor issue.
by anoop
Thu Sep 29, 2016 9:32 am
Forum: Personal Consumer Issues
Topic: All-in-one Printer Recommendation
Replies: 65
Views: 6477

Re: All-in-one Printer Recommendation

Early this year I purchased an HP7525 all-in-one printer. It has ceased to function as a printer and the 90 day warranty has passed. Your credit card may offer an extended warranty of an additional 90 days...may be worth looking into. I tend to stay away from inkjets. I just use an inexpensive B&am...
by anoop
Sun Sep 18, 2016 1:13 pm
Forum: Personal Consumer Issues
Topic: How to sleep like a Billionaire?
Replies: 14
Views: 3159

Re: How to sleep like a Billionaire?

So for a few thousand dollars, we can have all the perks of a Billionaire for 1/3rd of our lifetimes. :D That is an interesting insight but not something I quite agree with. I can think of several things other than a mattress that can impact sleep. - Noise levels (including AC noise, refrigerator n...
by anoop
Wed Sep 14, 2016 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Is A Two-Fund Portfolio All You Really Need?
Replies: 44
Views: 5944

Re: Is A Two-Fund Portfolio All You Really Need?

Leif wrote:Why go with all the complexity of two funds? Just get a Target date fund and call it a day.


Tends to have a higher expense ratio.

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